Asian Spectator

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

Padatnya kompetisi sepak bola di Eropa berpotensi bikin atlet, klub, dan bisnis ‘burnout’

Harry Kane in action at Euro 2024.Vitalii Vitleo/ShutterstockBisa bermain untuk tim sepak bola nasional dan memenangkan sebuah pertandingan internasional adalah cita-cata tertinggi dalam karier pesepa...

4 cara mencapai swasembada air di era Prabowo: Tak harus dengan bendungan

Prabowo-Gibran, yang pencalonannya sebagai Presiden dan Wakil Presiden memantik kontroversi, mulai bekerja sejak 20 Oktober 2024.Untuk mengawal pemerintahan mereka, kami menerbitkan edisi khusus #Pant...

UU TPKS sudah ada, mengapa perspektif korban dalam penanganan kasus kekerasan seksual masih terabaikan?

Undang-Undang (UU) Tindak Pidana Kekerasan Seksual (TPKS) yang disahkan pada 9 Mei 2022 memberikan harapan baru bagi pemajuan hak asasi manusia (HAM) dalam hal penanganan kekerasan seksual. Banyak ora...



NewsServices.com

Content & Technology Connecting Global Audiences

More Information - Less Opinion