Capitalism’s distinction from economic ideologies is that anyone can enter a market, leverage their skill set and have an equal chance to climb the ladder based on their performance. A dictator, ruler, or union doesn’t decide how much your work is worth; the free market does. Some proponents of economic ideologies often mislabel free market capitalism as just another ideology, but they couldn’t be more wrong. Free market capitalism means that the economy is devoid of the regulatory environment required to enable groups or individuals to impose their theories on how an economy should be run through regulation, coercion, or force.
The Dogecoin cryptocurrency was Founded in late 2013 with branding that played on a cartoon dog. It quickly became a hit among the younger participants in the cryptocurrency community. Based on an internet meme, Dogecoin’s founders exploited this brand recognition among their target audience, and it worked! The website Dogecoin.com was first published as a joke, but after it went live the website’s publishers were approached by a developer who offered to compile them a Dogecoin-branded QT client.
One of the things that makes DNotes truly unique in an industry packed with rival digital currencies is the fact that the DNotes currency doesn’t exist within a vacuum. Instead, it exists within an entire ecosystem of products and services designed to support and facilitate its overall mission. The components of that ecosystem were all specifically created to further DNotes’ goal of achieving mass acceptance and adoption, while simultaneously providing invaluable services to the industry and public. Our innovative CRISP offerings are a perfect example of how that works.
As a core component of the DNotes ecosystem, CRISP is strategically linked to that system and was created to help us achieve DNotes’ ultimate objective: becoming an inclusive digital currency in global commerce, for the benefit of everyone. In this article, I will explain how CRISP fits into the DNotes and DNotes Global model in a way that benefits everyone on the network.
“If at first, the idea is not absurd, then there is no hope for it.” – Albert Einstein
In recent years, Initial coin offerings have become a popular way for many blockchain-related projects to obtain needed capital. In fact, 2017 saw ICOs bring in roughly six times as much capital as traditional venture capital funding rounds. And while some observers might have expected that fundraising success to taper off as cryptocurrencies declined in value in 2018, ICOs have continued to attract substantial investment. Unfortunately, that success has also attracted attention from regulators, and calls for greater oversight of the cryptocurrency industry and its fundraising efforts.
Recently, DCEBrief had the opportunity to speak with DNotes Global Inc co-founder and CEO Alan Yong and we asked him to share his thoughts on the current issues surrounding initial coin offerings. Below is the transcript of that conversation.
Aside from the painstakingly obvious differentiating factors such as total supply, algorithm, and name, there are several distinctions between Litecoin and Bitcoin. Although Litecoin’s leadership and community often sells itself short by dubbing Litecoin as ‘the silver to Bitcoin’s gold’, it has several distinct advantages over Bitcoin.