RATE Group | Creating a Viable Cryptocurrency Ecosystem
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Creating a Viable Cryptocurrency Ecosystem

Creating a Viable Cryptocurrency Ecosystem

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There are more than 1500 cryptocurrencies in circulation, and only a handful of them are really trying to build an ecosystem. A majority of the cryptocurrencies are held and traded by people and not used anywhere for real payments. With the exception of Bitcoin, Bitcoin Cash and probably Dash, none of the cryptocurrencies are trying to work on mass and organic adoption on the merchant side. Based on the above facts, the founders of NowCoin Market Game created a vision of how to implement a real, working cyrptocurrency ecosystem.

To start building on standard economic rules, first, an active network of cryptocurrency holders needs to be created. They should hold and trade NowCoin, and in the meantime, they should be kept actively attached to the developments of the ecosystem. In this concept, the best way to create a network and constantly keep its members active is to play a game: a game where the network members are constantly watching the core information and statistics…

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