The Great Digital Gold Capers: How Founders and Early Adopters Can Salt Cryptocurrency Mines for Self-Enrichment
Fast moving digital currency markets have seen their fair share of winners and losers who became so swept up by the promise of quick profit that their better judgement was gone with the wind. The long-term consequences of this mentality may be less apparent as the newly popularized digital currency industry rides a wave of public excitement, but as surely as all bubbles collapse, so too shall the bubbles that have been formed by the ‘tech-investor-esque’ mentality that has permeated the industry to its core. These aggressive early investors demand rapid growth and quick payoff, which has resulted in a litany of business failures throughout the industry.
Today, October 31st, marks the ten-year anniversary since the pseudonymous Satoshi Nakamoto released the Bitcoin whitepaper.
DNotes Global, Inc. is proud to announce that the company has been included in Silicon Review’s 2018 list of the “50 Most Trustworthy Companies of the Year.” The recently-published list includes companies representing a wide range of industries.
DNotes Global, Inc. today announced the release of the new DNotes Pay payment gateway plugin for the WooCommerce eCommerce platform. The new plugin will enable websites using WooCommerce to add DNotes payment options to their online shopping carts.
ICOs have been rightly criticized for being susceptible to scams, but a little basic due diligence can help any investor avoid potential trouble. And make no mistake; that due diligence is an absolute necessity, given recent history. After all, some cryptocurrencies have raised unbelievable amounts of money without ever producing a real product – just empty promises.
Vaporware is software or hardware that is announced publicly and actively promoted, even though it does not exist. Studies have shown that 81% of all ICOs have turned out to be scams, which highlights the lack of due diligence from investors who bought into these projects. The most striking factor in all of this is that even though an ICO turns out to be a failure or scam, the team behind it always walks away with money.