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As mentioned above, we have a due diligence process that we apply to new coins before they are listed. This process controls how many of the cryptocurrencies from the global market are represented on our site. What Is an Altcoin? The very first cryptocurrency was Bitcoin. Since it is open source, it is possible for other people to use the majority of the code, make a few changes and then launch their own separate currency.

Many people have done exactly this. Some of these coins are very similar to Bitcoin, with just one or two amended features such as Litecoin , while others are very different, with varying models of security, issuance and governance. However, they all share the same moniker — every coin issued after Bitcoin is considered to be an altcoin.

What Is an ICO? ICO stands for initial coin offering. Many of the smaller projects in the crypto space — and a few of the largest ones — raised money from private investors around the world in the crypto equivalent of a crowdfunding campaign. Investors would send funds — usually in the form of Bitcoin — to the project and receive coin or tokens in return.

In , the United States Securities and Exchange Commission SEC clarified their rules relating to fundraising for assets, which made it much harder for new cryptocurrency projects to issue their own tokens in this way. What Is a Stablecoin?

Price volatility has long been one of the features of the cryptocurrency market. When asset prices move quickly in either direction and the market itself is relatively thin, it can sometimes be difficult to conduct transactions as might be needed. To overcome this problem, a new type of cryptocurrency tied in value to existing currencies — ranging from the U.

These new cryptocurrency are known as stablecoins, and they can be used for a multitude of purposes due to their stability. What Are In-game Tokens? Play-to-earn P2E games, also known as GameFi , has emerged as an extremely popular category in the crypto space. It combines non-fungible tokens NFT , in-game crypto tokens, decentralized finance DeFi elements and sometimes even metaverse applications.

Players have an opportunity to generate revenue by giving their time and sometimes capital and playing these games. Chief Executive Officer About Andrew Chan is a financial consultant specializing in investment, a strategic planning specialist, as well as an operation management professional with highly of knowledge, experience, skills and personal attributes for leading businesses to success.

Throughout his professional career, Andrew has been a forceful advocate of free markets as well as a strong believer in technology. He believes the mutual benefits from Crypto and Investment are at the core of free market economics.

According to Andrew, technology is the biggest industry of human development and progress. Thus, he often integrates technology-driven solutions to projects under his supervision to bring efficiency and innovation together to achieve the most powerful results.

In several years, he has become an enthusiastic supporter of blockchain technology alongside various forms and types of crypto assets. He believes that this new revolutionary technology will continue to reshape the financial services industry, while at the same time creating an entire new image of opportunity and profitability for crypto and virtual wallet services.

As an investment management professional has made him an effective communicator. CEO Background and accomplishments: With an education background in strategic planning, financial and business management, Andrew was involved in a diverse range of highly successful projects and provided high-level consultancy services to many successful individuals in addition to countless local and international businesses throughout his 18 years career in the financial services industry.

Andrew was involved in strategic planning and operations management for a variety of companies that gave him a distinct advantage to having well developed skills and extensive experience in the early stages of his professional career. Among some of his most accomplished works include personal funds management, investment projects, assets management and many other outstanding consultancy projects that were under his supervision. Andrew is also a positive member of the blockchain community in providing direct assistance to entrepreneurs, private secdtors and foreign investors.

With eBank Technology: Since Mr. LTD, his main focus is on serving high profile clients and narrowing partner management relationships, and spearhead eBank Technology important projects and developments.

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