Cbis cryptocurrency

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Want to look up a transaction? Visit our blockchain explorer. We calculate our valuations based on the total circulating supply of an asset multiplied by the currency reference price. The topic is explained in more detail here. We calculate the total cryptocurrency market capitalization as the sum of all cryptocurrencies listed on the site.

Does CoinMarketCap. No, we do not list all cryptocurrencies at CoinMarketCap. As a company and team, we are very aware that not all coins and projects have good intentions. While we cannot guarantee to exclude them all, we have a vetting process that each coin goes through before it is listed on the site. If we suspect that a coin or project is a scam, it does not get listed.

At the time of writing, we estimate that there are around 8, coins, tokens and projects in the global coin market. As mentioned above, we have a due diligence process that we apply to new coins before they are listed. This process controls how many of the cryptocurrencies from the global market are represented on our site. What Is an Altcoin?

The very first cryptocurrency was Bitcoin. Since it is open source, it is possible for other people to use the majority of the code, make a few changes and then launch their own separate currency. Many people have done exactly this. Some of these coins are very similar to Bitcoin, with just one or two amended features such as Litecoin , while others are very different, with varying models of security, issuance and governance. However, they all share the same moniker — every coin issued after Bitcoin is considered to be an altcoin.

What Is an ICO? ICO stands for initial coin offering. Many of the smaller projects in the crypto space — and a few of the largest ones — raised money from private investors around the world in the crypto equivalent of a crowdfunding campaign. Similarities between the crypto and ". They currently trade on the OTC markets for just around 7 cents per share. Investors who hope to see growth in a company like Cannabis Science going forward are betting on the United States federal laws following the likes of their neighbor to the north, Canada.

Canada recently passed a bill legalizing recreational marijuana country-wide starting in July, Similarly structured companies operating in Canada have seen massive growth throughout The Canadian recreational cannabis market is estimated to grow to As you can see below, much of this growth has taken place in the last 3 months. I have been an Aphria shareholder since April, According to CBIS management, they believe they have "found something special for this blockchain arena, not just for the cannabis industry, but for so many unexplored industries and applications" GlobeNewswire.

They claim their blockchain currency can be backed by real world assets for additional ICO trading security and comfort. Cannabis Science sees their ICO as a payment solution for the legal cannabis industry. This just goes to show how investors flock to anything to do with blockchain technology or crypto currencies. Although I do not claim to understand blockchain to the fullest, I am a CBIS shareholder and this type of news makes me a bit concerned.

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