Sunday, December 5, 2021

Decentralized and driven by community BitcoinZ crypto coin

Hey, so talk about COINS and more about community-driven coins. Again COINS, and not TOKENS.

so please if you wanna mention any "inu, Elon.." or something like that coin please skip this post.

So community-driven coin BitcoinZ, whit its low price and 4 years on market is showing pretty strong development, even if some people are saying there is no team on LinkedIn, and there is no official team. There is a BitcoinZ team, but you need to check GitHub, which is not familiar with the token coins. If you check BitcoinZ github.com/btcz or github.com/btcz-electrum you will see that a lot of things are going on in BitcoinZ so any assuming that the BitcoinZ team is sleeping is wrong. BitcoinZ team is pretty much alive, just because of its decentralization and privacy nature everything is more voluntary work. And usually, you need to join Discord or telegram to see the progress of BitcoinZ.

Just to mention some current active stuff, it can be seen from discord, ftx signals, Twitter posts, and other social media. we can see that

- -Ledger is in the final stages of development, just some minor stuff to finish

- BitcoinZ was integrated into the new wallet "Simplio" which will offer a simple swap between coins

- Wrapping of BitcoinZ to make it simpler for everyone to get it.

- Website getbtcz.com was migrated to a new server

- ArmyZ started with its march to share awareness of BitcoinZ

- New games will be created to play and earn BitcoinZ

- many faucet sites were created like planetbtcz.com

- new listing on an exchange

- and much more stuff

There was some break with all events on the website but as I noticed, the website was being migrated, and that caused some spouse of events. I guess that now more events will follow. If you wanna find out more about this coin go on getbtcz.com and read more about it.

So saying something like BitcoinZ has no development is wrong. The problem in BitcoinZ is that it is 100% community-driven, all decisions are made by the community. Well from our perspective view that is good, the community decides what will happen with coin. But if we check like how to advertise on FB or how to get listed on exchanges. here comes the community-driven problem. all those things require company behind them. So for a community-driven project that is not possible, since there is no CEO or company behind it.

You will say, create a company, and problem-solving. Well everyone with little knowledge knows that if you create a company you need an employee, sure you can have a company without an employee, but they always need to be that one person who created the company. and BitcoinZ is a decentralized project, so there is no CEO or company. And also if you get employed, you need to give him a salary. Well, BitcoinZ had a fair start, so no ICO sales or premise or ownership of a large number of coins or anything like that. So all the funds are gathered by the community. giving salary to someone would drain those funds fast.

That is one major problem of BitcoinZ, but BitcoinZ is still here after 4 years, has many things to show, and also more things are coming.

There are discussions and plans for listing BitcoinZ on Gate.io if this happens. everyone from the BitcoinZ community is hoping to get a nice solution for Gate.io and to be listed there. Since this exchange with huge daily volume could help a community project a lot. It would finally reach awareness for which BitcoinZ is looking for. Just my opinion, but that could lunch BitcoinZ up and some "0" would be lost in its price. We all hope for the best outcome.

if we check all this market with wrapped coins and tokens we could say that BitcoinZ would also need some wrapping, which would offer BitcoinZ new exchanges and bigger volume. The community is also working on this, they are offering some bounties for wrapping BitcoinZ, so developers could get some bounties probably, so could be a good idea to join the discord and ask if you wish to help.

I mention awareness of this coin, it is low, I yes, but I think that with ArmyZ it is spreading pretty fast. There are new members joining constantly, the number of visitors on the website increased a lot, volume increased, and many more things are showing some positive effects of it.

(DYOR) With the current DIP of coins also BitcoinZ was dragged down. So yeah many people will buy it now at this cheap price. (DYOR)

Would love to hear others' opinions positive or negative. And then I would try to forward it to the community, I see that the community rewards a lot of stuff on Discord so any information could make some BitcoinZ. (But please take in Mind again that this is not a token! if you don't know the difference between token and coin don't comment please!)

Coingecko link: https://www.coingecko.com/en/coins/bitcoinz

CoinMarketCap link: https://coinmarketcap.com/currencies/bitcoinz/

BitcoinZ link: http://www.getbtcz.com


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