Are you aware of the new trends of the cryptocurrency industry? The industry and the market are changing all the time, so you have to be well informed if you want to make wise investments and get a great return on investment. Fortunately, there are ways to get the information that you need to invest well.
Our blog can give you a lot of information through our reviews of the many companies that form the market. Today we are going to talk about a new and interesting company called CryptoBitcoin.
What is CryptoBitcoin?
CryptoBitcoin is a company that has created a collection of collectibles (the CryptoBitcoins) and stored them in the Ethereum blockchain. You can collect different coins (each one of them will be unique) and mint them to create new ones if you want.
The whole idea is to transform this cryptocurrency hunt in a game in which the users can sell or trade their cryptocurrencies with other collectors. This is one of the first games powered by blockchain technology ever created.
The online platform will enable you to trade your cryptocurrencies with other collectors and pick your favorite ones.
How Does CryptoBitcoin Work?
The game will work like this: you will have to collect these cryptocurrencies and each one of them will be unique. They will have “alloy” properties that will enable you to mint them and create new ones. This will be powered by a platform in which you can trade your cryptocurrencies with other people. This will enable you to change them for new ones or to make a profit.
Basically, you have to collect at least two coins and then you will be able to mint them and create a third one after some time. This can actually become a quite powerful business, as you can use your current coins to generate new ones and then exchange them with other people. New generations of CryptoBitcoins will have new properties and might be valuable too.
While there is a cap of 21million coins in total, only 220,000 of them will be sold initially, so they will become rare commodities after some time, the company affirm.
All of the transactions will be made via Ethereum smart contracts and will be completely secure. You will be sure that the coins are yours and will be able to do whatever you want with them.
How to Invest in CryptoBitcoin?
To buy your own CryptoBitcoin you will have to buy them during the Initial Coin Offering (ICO) or later in the official platform (but you will pay a lot more). Because of this, the best idea is to buy them right now. There are no official dates for the ICO yet, but they will be divulged soon.
Be sure to follow our blog for updates.
The CryptoBitcoin.io Verdict
Is this a good investment for you? That is almost impossible to say. CryptoBitcoin might be an excellent investment or a poor one but it almost impossible to define this today because it will be something that only the future will tell.
If CryptoBitcoin really becomes a collector item over time, their value might increase a lot, but if it does not, then they will be worthless. The big question is: is this something that will attract buyers? It is really hard, if not impossible, to affirm that right now because we really lack data to make such an affirmation right now. Because of this, it is really hard to give advice on this one.
If you liked the idea, you can buy a CryptoBitcoin and save it for the future, but you are the only one that can decide. Unfortunately, we lack the information to give you a more solid advice on this matter.
In the case that you did not like this company, on the other hand, remember that you can always browse our blog to find really great investments for you and get a great return on investment in the future. Good luck on your investments.