Asian Spectator


The Times

.

Opportunity or bubble, digital currency market valued at hundreds of billions of dollars

  • Written by Mars Digital Asset Bank

HONG KONG, CHINA - Media OutReach[1] - 28 September 2018 - Benefited from the blockchain consensus mechanism, the digital currency market realized an explosive growth in 2017, with its total market value surpassing USD 800 billion, the accumulated annual growth rate exceeding 3000%. However, 2018 saw the declining trend of digital asset market, with its total market value plummeting below USD 220 billion. Such a dramatic change brings the question: Is this huge market an opportunity or a bubble?

Opportunity or bubble, digital currency market valued at hundreds of billions of dollars

 

Essence of finance lies in circulation based on credit. The blockchain technology featuring decentralization, traceability, non-alteration and openness is conducive to building a low-cost credit mechanism. The emerging finance market based on digital currency is booming.

 

As one major business of BihuEx Fund and backed by 500,000 BihuEx users, the registered users of Mars Digital Asset Bank are expected to exceed 300,000 by the end of 2018, with its business scale surpassing USD1.5 billion and profits up to USD18.65 million. To speed up its development and meet capital requirements on technical security, global promotion, team building, license applying and provisions for banking turnover, Mars Digital Asset Bank plans to raise USD 9.5 million by releasing 8% of its total shares in the first phase of offering.

 

Click the link herehttp://39.106.177.30/ftp_user/banner/1536998682311.pdf[2] to learn more about us. Prior to decision making, investors are kindly requested to carefully read the Prospectus.

References

  1. ^ Media OutReach (www.media-outreach.com)
  2. ^ http://39.106.177.30/ftp_user/banner/1536998682311.pdf (39.106.177.30)

Authors: Mars Digital Asset Bank

Read more http://www.media-outreach.com/release.php/View/6768#Contact

Magazine

Common Risks Hidden in Commercial Lease Agreements

Commercial leases are often longer and more complex than tenants expect, and the fine print can carry significant financial and operational consequences over the years that follow. Many business own...

Corporate Secretarial Services in Singapore: Annual Compliance, Key Filings, and Common Mistake

Annual compliance in Singapore should not be treated as a once-a-year administrative event. It is an ongoing governance system that depends on accurate records, timely filings, disciplined approvals...

Why Early Protection of Intellectual Assets is Critical

For many businesses, intellectual assets are among the most valuable things they own, yet they're often the last to receive formal legal protection. A brand name or a proprietary process can represe...

hacklink hack forum hacklink film izle hacklink z-library爱思助手下载telegram下载jojobet girişgrandpashabetgrandpashabet twiter xmeritbettelegram webroyalbet girişkingroyaldeneme bonusu veren sitelerdeneme bonusugrandpashabetradissonbetagen bolagrandpashabetgrandpashabetnakitbahisjojobetjojobetholiganbetholiganbet