CoinJanitor to Clean Up Dead Coins and Unlock their Intrinsic Values
What do you know about coinjanitor clean up dead coins? CoinJanitor is a cryptocurrency market janitor that selects distinctive failed coins for trade. Cryptocurrency supporters share the iconic ‘’to the moon’’ mantra with each other.
Usually, when written, the words are flagged by a missile’s logo aiming for some distant destination. The enthusiasm and hype surrounding new cryptocurrencies is the first dust that kicks off before the launch of the ‘’destination-moon’’ missile.
And just as literary as it could be, some dust doesn’t settle for a while, some missiles come crashing back, and a high number of cryptocurrencies die on the way to the moon.
Step in the CoinJanitor
The cryptocurrency market is littered with functionally dead or failed coins. The
CoinJanitor is a blockchain startup that will play a role different from any other, it will usher in a glimmer of hope to out-of-use coins and their developers by unlocking the coin value and releasing it into the market.
CoinJanitor is a cryptocurrency market janitor that selects distinctive failed coins for trade with the CoinJanitor token. These coins are bought from developers and community members using the startup utility token, wherein the purchased coins are burnt, followed by the deactivation of their blockchains.
This will create a widespread network of users, who can trade their CoinJanitor tokens on an exchange platform for prime cryptocurrencies.
Failed project or not, there will always be a dead coin, but not many people own one. These failed or functionally dead coins have a certain amount of value locked within them. The value is stagnant and lacks contributing elements to the market.
Holders of dysfunctional coins cannot transfer that value into the markets. Also, the limitation undermines the market growth and even rope in the potential of prime cryptocurrencies.
CoinJanitor is set to become an intrinsic part of the ‘’to the moon’’ community that will tie in loose or dead ends in the marketplace by creating a community network effect that provides value to a stream of dead or failed coins. CoinJanitor will offer a clean and comprehensive environment for crypto enthusiasts by doing what janitors do best; cleaning up messes.
CoinJanitor will disclose how it defines dead or failed coins and the selection process as it gets closer to its token sale event. The platform will further enlighten the economic principles the project is structured on.