Welcome back BroKaine and Cryptocurrency fans, this video we will break down what CoinJanitor.io has planned for its project and ICO as well as information on their upcoming ICO and their cryptocurrency (JAN) bounty program.
BiitcoinTalk ANN thread:
Some more about CoinJanitor:
Bounty Campaign Video
Bitcoin Talk Bounty Thread
A total of 2,506,000 JAN tokens will be allocated for CoinJanitor bounties during this stage and paid out for each program, on a first come first serve basis according to the instructions below. There is a total of 6 different bounties our community members can complete to get a reward. All tokens will be awarded after the close of the ICO on May 2nd.
You can contribute to the ICO crowdsale with BTC, ETH, LTC,
XMR, BTG, BCH, USD and many more, find out by following the links and staying up to date with CoinJanitor.io and thier Top ICO
With more than 4,500 cryptocurrencies in circulation, there are bound to be many that are functionally dead.
This presents many challenges for cryptocurrency markets, as well as for the users of those currencies. Those users have their money locked in a network that doesn’t allow them to transact, or a currency that is not tradeable.
Cryptocurrency markets, on the other hand, suffer from dilution of resources and reputational issues due to the sheer number of unusable coins. CoinJanitor aims to solve these problems by unlocking trapped value in these projects and at the same time create the much-needed public discussion of how best to recycle value from failed projects in the future.
CoinJanitor will achieve this by taking over failed projects. To do this they will exchange CoinJanitor tokens (JAN) for the delisted coins that users hold. We will then proceed to burn those tokens and coins that we acquire. Through this mechanism, value will be restored to individual users who can sell or trade their CoinJanitor tokens, and to the community at large by the recycling of codebases and project assets back into the community. By reducing resource dilution in the market CoinJanitor will contribute to the network effect of functional coins, more effectively leverage fragmented communities and implement a mechanism for the recycling of spent resources back into future projects. As a result, CoinJanitor will also benefit from network effect and create a highly engaged, loyal community of coin holders working towards the improvement of utility and value in the crypto economy.
More about the Video Creator: BroKaine
I create ICO Review videos, cryptocurrency videos, crypto news videos, ethereum ico videos and finally anything about Blockchain Technology and Blockchain Innovation
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