This time without Dan, though, because he left the project a long time ago.
Image taken during Dan's speech
Yes, I am actually speaking about BitShares.
Some criticized Dan that he simply left the project. However, Dan believes that he fulfilled his role as an ideological inspirer, and further development of the project can be achieved due to self-regulation.
It makes no sense to judge him now because you can see that the project is really developing, updating, and getting support of the community.
BitShares is thirty-fourth in terms of capitalization which demonstrates strong investor demand. After a leap down in January, the price of the token keeps going up now. It’s actually not a surprise because the launch of its Mainnet is set up for 12th June, if everything goes well.
Many know BitShares as a decentralized exchange. But in fact, the project goes far beyond.
Initially, the launch of BitShares was meant to be a response to the hacking of the Mt.Gox exchange as well as other centralized websites.
It was dangerous to store the assets and trust third parties, which resulted in a better approach to the crypto exchanges.
🔄 Decentralized exchange made it possible to avoid the risks linked to intermediating agencies, to reduce commissions, to remove withdrawal limits, to add new types of assets for exchange, etc.
Now BitShares is a whole ecosystem, providing a lot of opportunities for financial institutions.
➖ Software, a fast payment network, a distributed database, a stock exchange, a bank, a cryptocurrency, a blockchain platform, and a large community that contributes to the success of the project – this is all BitShares.
Let’s add it to our portfolio! briefcase:
Purchased: BitShares (BTS)
Price ~ $0.232
Exchnage: BINANCE
👉 On which exchanges BTS trades
👉 $10 of Buffett Portfolio