What is BTSR Coin?
In February 2017, the BTSR Blockchain was presented as the fastest and best way to market credit on a blockchain. Here, the token number of Btsr Coin was massively reduced compared to the previous Fork, so that the price of the token in the future reflects a conclusion on the current needs. Previously, BTSR was used as a digital token to help support BitTeaser. This is an advertising platform that is linked to the blockchain and can only be used by the BTSR token. In addition, a repurchase option was provided, which was not used, so that the token price stagnated.
Since February 2017, BTSR has been a token, which is publicly available and whose price is based directly on the global demand for advertising services. While some cryptocurrencies use mining as a way to increase personal profit, others derive their added value from gamification. BTSR, on the other hand, does not plan for distributions to users in the form of smaller payments, but would like to remunerate them through rising prices. In particular, the rising demand for advertising services should have a positive influence on the share price performance.
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BTSR Coin – Development
After the Fork in February 2017, the used platform of the token was also replaced. Formerly BitTeaser was used, now the platform Global Enterprise is used. In addition to the Blockchain technology, this also uses the so-called Smart Contracts. In particular, this combination should focus on increasing globalization and be used for new partnerships – the decentralized conglomerates. The conglomerates serve to open up new customer groups and to diversify their users. Any number of companies can participate in a conglomerate. The platform is designed so that no user data is collected and the anonymity of the data within the conglomerate can be maintained.
As a result, the individual brand values can be maintained and the benefits of better marketing can be used. In addition, companies have the opportunity via the platform to invest directly in each other. Thus, the success of one company can be additionally supported by investments of another. Furthermore, Smart Contracts has set up a function that allows sharing of profits. A small fee will be paid to the OpenLedger team to develop the blockchain and platform further.
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What is the current market capitalization of the BTSR Coin?
The BTSR Coin has been trading on the financial markets since March 22, 2016. The Initial Coin Offering took place on April 6 at an issue price of $ 0.103387 per token. This resulted in an initial market capitalization of $ 176,546. On 27 June 2017, the cryptocurrency could then mark the previous high. This was achieved with a market capitalization of $ 1.4 million and a token price of $ 0.429503. At the current time, the market capitalization is $ 1.09 million and the token price is $ 0.3336. The daily trade reaches a weekly average of around $ 1,000, and is made especially by the exchange of BTSR and Bitcoin realized. But also the BITUSD, BTS and BITCNY are important tokens in the trade. All trading is also handled via the OpenLedger DEX marketplace. Furthermore, there are currently around 3.28 million tokens in circulation.
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