Tag: community coins
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Community Coins
Topic What the public data says Planning use Definition Community coins are another name for social tokens, which are linked to social apps, online communities or creators. Assess the community and its activity, not only the token. Value driver A social token depends on its app or community staying active, and demand can drop fast…
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Community Coins vs Bitcoin and Ethereum Compared
Criterion Bitcoin Ethereum Community coins Planning use Spot price, latest snapshot $66,710, up 0.82% day over day $2,019, up 1.58% day over day Set coin by coin Price alone says little about size. Compare market capitalization instead. Market capitalization $728 billion (Nov 2023) $248 billion (Nov 2023) All altcoins combined: about $972.0 billion in the…
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Coin Liquidity and Exchange Listings
Busy volume does not prove a coin can be sold. How to check crypto liquidity comes down to reading order book depth near the mid price and the bid-ask spread before trusting any headline volume figure. Spread first. A wide spread between best bid and best ask is the fastest warning that exiting will cost…
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Masternodes and Staking in Community Coins
Factor What is supported Planning use Entry cost Staking has no minimum amount. Masternode collateral is usually large and varies by coin. Dash pools members into shared collaterals of 1000 Dash, with participation from as little as 0.5 Dash. Check the coin’s collateral requirement before buying. A pooled share is the realistic masternode route for…
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Crypto Wallets for Ethereum-Based Coins
Wallet route What the documentation says Planning use Hardware wallet A physical device that keeps crypto offline, described by Ethereum.org as very secure Suits long-term holdings of smaller coins that rarely need to move Browser extension wallet An extension that lets an account interact with applications through the browser Suits regular use with Ethereum apps…
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Ethereum Fork Coins Explained
Reader situation What to read Planning use You need the definition first Fork, hard fork and soft fork basics Settle the vocabulary before comparing chains, because only a permanent split leaves a separate coin behind. You are comparing chains Ethereum Classic versus Ethereum after the DAO fork Use this to see which side kept the…
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Coin vs Token for Community Projects
The coin vs token difference comes down to where the asset lives. A coin is the native currency of its own blockchain, while a token is created on an existing chain. A token is usually the lighter route for a community project. Readers new to the category can start with what is a community coin,…
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How Community Coins Work
Feature of a volunteer-run coin What it means in practice Planning use No company behind it Developers can be funded directly by the community that depends on their work, for example through GitHub Sponsors, which charges zero fees and passes 100% of sponsorships to developers. Check whether maintainers have any funding route at all before…