AppCoins APPC to Gnosis GNO Exchange

Crypto Pair Details: APPC to GNO

AppCoins APPC

AppCoins is a protocol for the App Economy created by the Aptoide App Store, and the first ICO serving 200 million users with the goal of creating a trustworthy economy without intermediaries. The AppCoins project was designed to foster innovation in technology. To create a universal digital advertising protocol for mobile devices, the developers at Aptoide designed AppCoins. AppCoins is an application-specific token which was designed to create a universal digital advertising protocol for mobile devices. It can be used to incentivize behavior which can then be used to raise money for the development of an app. Aptoide is the 3rd biggest app store with a with over 4 billion downloads and 1 million Apps. WIth over 230,000,000 users, apps and support in 40 languages, more than 2.8 billion downloads, the cryptocoin can revolutionize how people use mobile technology and applications. AppCoins will bring in a range of standard protocols to be followed by all developers to advertise their games or apps in the app store.The “AppCoin” ERC20 token will bridge the gap between the advertisers and the users. A user earns 85% from every advertising investment that goes inside the app store. The user has to then use those coins to buy items (in-app purchases) inside the apps and games, thus, generating the return of the investment to the developers. Most industry enthusiasts believe that the immediate forecast of AppCoins price trends leans towards the downward slope. It is expected to be priced at an average price of ~$0.191 for a long while, with a few minor fluctuations.The trend is however, expected to stabilize at this point until Aptoide as a platform gains traction within the mobile usage industry. Once the ROI of the Aptoide platform starts multiplying significantly due to an increase in the number of users and developers on the network, the price will increase significantly and will correspond to good returns for investors. AppCoins is an innovative concept with a tidy site that conveys the underlying ideas well. As described above, investment in APPC is a favorable option for both developers and users. However, it is evident that the returns of the AppCoins’ solution are directly proportional to the development of the relationship of the App-store and the OEMs in the ecosystem. Thus, the amount of profit or returns gained by a trader will be a function of the ROI which the platform develops and its reputation in the crypto space.With almost 50% of the APPC coins in circulation as of July 2018, users have a good opportunity to buy them. However, it should be noted that it does not form a good investment option for a short period of time.

Gnosis GNO

Gnosis is a prediction market platform built as a decentralized application (dapp) on the Ethereum network. The platform includes a multisig wallet as well as a Dutch Exchange, but we’re just going to focus on their flagship product, the prediction market, for this guide. More than just building a prediction market, though, Gnosis is creating an entire infrastructure layer that you can use to build your own prediction market app. A prediction market utilizes user predictions to aggregate information about future events. Users in the market trade tokens that represent the outcome of a certain event. Because some outcomes are more likely to occur than others, these tokens end up having different values in the open market.Olympia is Gnosis’s test version of their prediction market app. They host free tournaments in this product, so you get a chance to try it out without having to spend money. Every two days, the team allocates you a certain amount of Olympia (OLY) tokens that you use to bet on different prediction markets. If you do well in the market, you win Gnosis (GNO) tokens. You can sell GNO on the open market which gives them some monetary value. The next phase of Gnosis is its Management Interface. The team released a beta version in December 2017 but haven’t announced a date for the main net release. The Management Interface is basically your dashboard for Gnosis’s prediction markets. It’s here that you check your balance, participate in markets, and even create your own market. Gnosis includes two types of tokens: Gnosis (GNO) and OWL. GNO are the ERC20 tokens that the team sold during their ICO. They created 10 million GNO tokens and aren’t minting any additional ones. These are the tokens that you see being traded on the open market. By staking GNO, you receive OWL tokens. To do this, you must lock your GNO in a smart contract making them non-transferable. The amount of OWL you receive is dependent on the length of your lock period as well as the total supply of OWL tokens in the market. The team is aiming to have 20x more total OWL than the average amount of monthly OWL usage over the previous 3 months. The Gnosis team is led by Martin Köppelmann (CEO), Stefan George (CTO), and Dr. Friederike Ernst (COO). Köppelmann and George began working on the platform in January 2015 as one of the first ConsenSys partners. By August of that same year, they launched the alpha product as the first major dapp on Ethereum. In April 2017, the project held somewhat of a controversial Initial Coin Offering (ICO). Using a dutch auction style of raising funds, the team hit their $12.5 million hard cap in ten minutes while retaining 95% of the tokens. Amidst backlash, the team locked the tokens in a vault and have promised not to dump them on the market. They’ll give at least a three-month warning before selling any of the tokens. The team includes quite a list of reputable advisors including Joseph Lubin (Ethereum co-founder and ConsenSys founder) and Vitalik Buterin (Ethereum founder and chief scientist).

SOURCE: COINGECKO

instantcryptocurrencyexchange Statistics

Instant Cryptocurrency Exchange Platform