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An airdrop is an unsolicited distribution of a cryptocurrency token or coin, usually for free, to numerous wallet addresses. Airdrops are often associated with the launch of a new cryptocurrency or a DeFi protocol, primarily as a way of gaining attention and new followers, resulting in a larger user base and a wider disbursement of coins. [ 1 ]
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The trading bot was the most controversial piece of the Bitconnect.co system. [ citation needed ] The liquidity of the BCC cryptocurrency funded users' ability to exchange their earnings for Bitcoin. On November 7, 2017, the government of the United Kingdom issued Bitconnect a notice with two months to prove its legitimacy.
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BitConnect: Bitconnect was among the highest-performing cryptocurrencies in 2017, promising investors enormous returns through a trading bot. [84] At its height, it reached a market capitalization of US$3.4 billion. [85] In early 2018 the exchanged ceased to operate with investors losing millions of dollars, amounting to a total of US$14.5 ...
Virtual currency, or virtual money, is a digital currency that is typically unregulated, issued and usually controlled by its developers, and used and accepted electronically among the members of a specific virtual community as part of a virtual economy. [1]
Auroracoin (Abbreviation: AUR; sign: áš ) is a peer-to-peer cryptocurrency launched in February 2014 as an Icelandic alternative to bitcoin and the Icelandic króna. [1] [2] The unknown creator or creators use the pseudonym Baldur Friggjar Óðinsson (or Odinsson). [2]
CryptoPunks is a non-fungible token (NFT) collection on the Ethereum blockchain.The project was launched in June 2017 by the Larva Labs studio, [1] a two-person team consisting of Canadian software developers Matt Hall and John Watkinson.