The main network of bzz is going online soon. Why is the price so surprising? Swarm BZZ is a project that everyone is familiar with. It has its own lead aura, "V God" endorsement, "Ethereum" pro son and a series of promotional words. A few days ago, all kinds of We Media have contributed to it! However, the reality is a heavy blow. Many investors who were optimistic about the project and the miners who laid out Swarm were directly thrown into the cold secondary market by the price of BZZ in the secondary market. The main network of bzz is going online soon. Why is the price so surprising? Micron network thinks that there are mainly the following points.
1. The current currency circle is affected by the general environment
Recently, the national policy directly prohibits the high energy consumption of bitcoin mining, and mines across the country have been closed in a large area. The central bank has interviewed ICBC, ABC, CCB, Industrial Bank, Alipay and other financial institutions, and asked not to provide products or services such as account opening, registration, and clearing for virtual currency transactions. After the interview, the major banks have issued statements to "draw a clear line" on the virtual currency. The statement said that the use of company services for virtual currency transactions such as Bitcoin is prohibited, and once found, measures such as suspending relevant account transactions and terminating financial services will be taken immediately. The impact of this policy on the entire industry is not small. At the same time, the market has been short, leading to panic of leeks and a large number of selling, leading to the sharp decline of all cryptocurrencies.
2: This is related to Swarm's economic model
The doubt about the project mainly lies in the uncertainty of its economic model. Various news in the market says that it needs to be pledged, and then it says that it does not need to be pledged. Another theory is that investors doubt the project because of the uncertainty of its economic model. There are many questions from investors. At present, the miners cannot give clear answers, because the miners have not received official clear answers. Because of its uncertainty, it also has a certain impact on BZZ's listing and later stock price expectations.
3: Unknown nature of public business
Earlier, it was said that there was no public offering, but it was revealed that there were two rounds of private placements by institutions such as Shuidi Capital, totaling 26 million tokens. At the beginning, it was said that there was no public offering, and then there were more than 5 million public offering funds. At the beginning, it was said that the total circulation was 62.5 million tokens, and more than 5 million tokens were also found, so that there would be no public offering funds at the price of BZZ, Then there were more than 5 million tokens, so the price of BZZ would become different, so there was a token of more than 100 million yuan, so the price of BZZ would become very low, and later it was reported that institutions such as Shuidi Capital would give BZZ a better price.
4. Heavyweight, the Ethereum official
Ethereum developers recently posted on Twitter that the Ethereum storage protocol Swarm (BZZ) has been split into an independent project from the Ethereum Foundation since 2019, after which he no longer received any support from the Ethereum Foundation. He also said he hoped that people would not spread the news that Swarm has received support from the Ethereum Foundation. As soon as this news came out, all investors were completely chilled. The price of BZZ also fell all the way, and the leeks investing in mining machines were chilled.
In addition, due to the popularity of Swarm BZZ project a few days ago, various companies selling BZZ mining machines have sprung up in the market. Many miners who use traditional mining machines as FIL mining machines have also joined the ranks of miners. They have joined the ranks of miners. As a miner with a certain discrimination ability, why do you want to do an undetermined project? I can't think of anything except making money. What on earth do they want to do? In order to make money, the following investors, no matter what, what projects are hot, first Qia, which was popular a few days ago, and now BZZ. These miners always want to make money first, and they don't care about the life or death of investors. How far can this irresponsible mining market take you? So we still need to find a reliable manufacturer to cooperate.
The above is the content of why the price of bzz main network will be launched soon, which is introduced by Micronet to everyone. I hope it will be helpful to everyone and Micronet will focus on Bzz mining server Leasing and hosting, which includes single line and multi line cabinet leasing services such as Mobile Telecom Unicom, is a professional IDC data cabinet hosting and leasing provider in Jiangsu Province, specializing in services such as bzz mining server leasing, bzz mining server hosting, Baidu standard customized cabinet, 48U super large capacity, and reducing user cabinet rental fees. If necessary, please contact Micronet.
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