When I first decided to make the trade of DOGE coin to ethereum to be able to start the token contract for CryptoLOOT token, I second guessed my decision. What helped me take the plunge was my willingness to learn more about blockchain technology and the fact that when I made the trade the DOGE coin was at an all time high in Dec 2017. When having coffee conversations regarding cryptocurrencies and digital currency tokens, most of the time involves me teaching people the basics about bitcoin or blockchain technology. Many people ask me about the subject, most speak in generalities regarding digital currencies as a whole, not many people know much else, and usually don’t know where to begin asking questions about CYPT coin.
CYPT COIN is a digital currency that is backed by the powerhouse digital currency coin Ethereum. CYPT COIN costs ether each time it moves from place to place, and the prediction is that CYPT COIN will be alive as long as ethereum thrives. Based on the strict ERC20 token standard that Cryptoloot was created with, we know that CYPT is built on a secure and reliable blockchain.
The thing that is different about CYPT COIN and so many other tokens being added to the list in recent news, is how users can obtain the token. Going against the traditional ICO release (initial coin offering), where new tokens crowdfund the initial release and price of the token, which usually involves users sending tons of cash to the token platform in exchange for some tokens and to get an establishing base for the token’s distribution. CYPT COIN did not release as an ICO, instead many have classified CYPT as an airdrop / mining hybrid. An airdrop is most basicly a free token giveaway of a set amount to circulate the token to a wanting receiver community.
With over 2.1 million tokens now in circulation, most of the token holders who have possession of the token obtained it via our in browser mining system. Users can obtain unlimited amounts of CYPT in return for mining using our website platform.
CYPT coin really is a token for those that are beginners in cryptocurrency collecting as well as those new to browser mining.
When I first set out to teach people the ropes, I didn’t realize the current understanding and familiarization with the topic was still so introductory and niche.
Many people I speak to are shocked to find that the parent organization which CYPT COIN was developed under is actually a branding, design & development, and marketing company based out of Chicago. The Birch Tree Media Company, which typically is known as a film production studio listed on IMDB, and as a brand establishment and product release firm, usually doesn’t mesh with blockchain tech and cryptocurrencies. Although it would appear that we were acting well outside our traditional scope, working on so many different introductory products and brand establishment clients over the years really gave us the edge to do something different.
We wanted to understand the technology and we learned by getting hands on. Learning to be able to offer the ability for our ecommerce clients to accept bitcoin, litecoin, ethereum, and more as a form of payment in our own coding was truely invaluable.
CYPT COIN is now held by many people all across the globe, and our knowledge has increased, providing us with the new current trends necessary to continue to be able to offer new age website resolutions and billing solutions for web platforms, ecommerce platforms, and other requested client applications.
I thank you all for being a part of this amazing accomplishment and we hope to see you using cyptcoin.com in the future.
You can learn more about The Birch Tree Media Company by visiting http://www.thebirchtreemediacompany.com