A Comprehensive Guide to the Next Generation of ICOs & Crypto Funding ✔️Part 8

flexe (28)in #marketing • 6 years ago

A Comprehensive Guide to the Next Generation of ICOs & Crypto Funding🔎

✔️Part 8

SECTION B | ICO ORIGINS — THE BIRTH AND RISE OF THE INITIAL COIN OFFERING |

3. A tiny 3rd — The CounterParty token sale

🔹Ranked 339 today on Coinmarketcap at US$6M, CounterParty (#XCP) is often even omitted from the list of pioneering historical ICOs. However, CounterParty is actually the 3rd ICO ever, so I would argue that still deserves a special place in this introductory list.

🔹Simply put, XCP is used to provide functionality where it isn’t technically possible to use BTC. For instance, XCP is the currency used to pay for the execution of all smart contract code (whereas Bitcoin by itself originally has no such smart contracting possibility). More generally, XCP represents stake in the Counterparty protocol and is the voting currency for changes to be decided on by the community.

👓Read full guide: https://hackernoon.com/a-comprehensive-guide-to-icos-crypto-funding-the-rise-the-boom-the-bust-the-next-b159fdf38010

Flexe.io - full-stack ICO and STO marketing
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