Health and Technology

Cryptocurrency Communities

If you are interested in getting more active and engaged within the blockchain era, it is time you became part of a supportive cryptocurrency community. But before you can do that, you definitely need to learn about the communities.

  1. Bitcoin (BTC) Community

The pioneering blockchain asset was Bitcoin. Word has it that the creator of bitcoin still holds a million bitcoins that is not released into the crypto space. The community enjoys a big and loyal following of near die-hard supporters. They are experienced in both quantity and quality.

It is said that the community harbors a countless number of highly skilled crypto influencers. The community remains one of the biggest networks within the crypto world.

  1. Ethereum (ETH) Community

The community has got strong networks with notable investors. These investors continually fund its projects. It is featured by the Ethereum Community Fund, a brainchild of startups who work with the network. The community Fund has been noted to attract a huge following. The community funds projects that seek to establish infrastructure on the Ethereum network.

The platform is flexible and capable of achieving several objectives, making it a preferred destination for developers.

  1. Substratum (SUB) Community

The community’s main objective is to decentralize the internet. This aim has helped it earn a good number of followers. It intends to achieve decentralization of the internet by changing monopoly of the internet which has been there for ages. It does not use centralized servers.

SUB is known to focus on the community as part of its fundamental vision.

  1. Bytecoin (BCN)

Bytecoin is among the pioneer privacy coins. It existed before crypto was well known. Through the community’s efforts, successful creation of virtual currencies has been made possible through its forks. This has increased Bytecoin’s popularity. The community therefore supports the platform’s cause with great confidence.

  1. Waves platform (WAVES)

WAVES is among platforms that seek to make the processes of token issuance and crowdfunding more affordable to the masses. Among its major goals is to revolutionize the fields of token issuance and crowdfunding.

The community enjoys massive following from passionate developers and the community. Moreover, the Waves Community Token (WCT) improved the community’s engagement to the Waves team. The token enables the owner to rate fresh projects which join the platform to access future rewards.

  1. Lisk (LSK)

The LSK is a decentralized project that enjoys the following of a strong community. The platform focuses on software development. Additionally, it focuses on real improvements of complaining about price dynamics.

The platform utilizes a high level community participation in the governance of its structure. The platform is already gaining a lot from community participation.

The culture of cryptocurrency is already gaining enthusiasm and acceptance with each passing year. Those who are interested in the activities of the blockchain era need to know more about the crypto space. In addition to these communities, there others such as Dogecoin, Monero, Nano, EOS and Ripple amongst others.

The growth of cryptocurrency communities is motivated by Metcalfe’s law which states that: A network’s value increases in direct proportion to the number of participants in that network.

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