What is Primecoin (What is Prare Coin)?
What is Primecoin? According to the latest news, Primecoin (Promex) is a coin th
What is Primecoin? According to the latest news, Primecoin (Promex) is a coin that allows Bitcoin users to buy and sell Bitcoin on the Ethereum platform. The total supply of Primecoin is 10 trillion coins, and it was mined on September 1, 2017, with a value of approximately 20 million dollars at that time. However, with the increase in price, its market value has almost halved, and there have been no actual transactions. This quantity makes it the largest circulating currency in the Bitcoin network. This means that if someone is willing to pay $10, they will receive a dividend of $50 and a reward of $150, which will be used to hedge inflation and other high-risk investment activities.
In addition, PriMECoin also supports decentralized storage. Currently, there are more than 30 wallets that provide this service, and the first mainnet test version has been completed. In the future, they will continue to develop other expansion projects, such as NFTs and DeFi.
What is Prare Coin?
What is Prare Coin? It is a token traded through a network called PREAR, which is a blockchain-based network. Prare is a community-driven project established by the Rarible team in 2017. The goal is to create an open network and a decentralized governance system on Ethereum. Early members of this project include Stani Kulechov, the co-founder of Aave, David Marcus, the former CEO of Bitfinex, and Brian Armstrong, the CEO of Coinbase.
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