16 Aug TMTG Enters Cryptocurrency War With Strong Focus on Ecosystem
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DGE — a blockchain developer based in South Korea, listed its cryptocurrency TMTG on IDCM Exchange in Hong Kong on August 2nd. And as of August 10, it has surpassed XRP in coin market value.
DGE, whose slogan is “convergence of virtual and real values,” has entered the competitive cryptocurrency market with a new coin that will be tied directly to the value of gold and allow users to exchange cryptocurrency to real gold.
According to a DGE official, last year, many coin developers were focusing on their coin technology, without contemplating on adding stability to their ecosystem by including exchange or use mechanisms.
While various global chains such as McDonalds and Starbucks are entering the cryptocurrency market through various new coins, their use will be limited in scope and practicality mainly as payment systems for their customers. Coins with weak or unprepared ecosystems will have to start actively creating their own ecosystem or find a suitable one.
Before launching…
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