Home Bitcoin News Bitcoin Scam Watertown company creates its own cryptocurrency

Watertown company creates its own cryptocurrency

4 min read
Comments Off on Watertown company creates its own cryptocurrency
23

WATERTOWN, New York (WWNY) – You’ve in all probability heard of Bitcoin or perhaps even Dogecoin. These are referred to as cryptocurrencies. Now, there are hundreds, together with one which originated proper right here within the north nation referred to as Astra.

In a small nook workplace on Courtroom Road in Watertown, Jason Byers and Jeff Gardner have created their very own cash, taking the time period “attain for the celebrities” to a complete new stage.

“The top purpose is to turn into the primary and solely interplanetary forex,” stated Byers.

It’s a cryptocurrency like Bitcoin that you would be able to purchase on their web site, however they are saying it’s that purpose that units them aside from hundreds of others.

“In 5, ten years, we’re going to have boots within the floor on Mars. It’s solely a matter of time till there’s colonization, developments, and now they want some kind of cost,” stated Byers.

In contrast to paper cash, a lot cryptocurrency is decentralized, with no authorities management. That’s a part of the attraction, however that additionally means there’s room for scams.

That’s why Astra’s founders say they’re bringing transparency to cryptocurrency.

They’ve gained 2,000 traders since beginning up three months in the past.

“We’re making an attempt to get our identify on the market and put a face to the identify. We need to be group managed. We need to hear what our traders need to say and what they’d prefer to see,” stated Byers.

As for why he selected the cryptocurrency enterprise, Byers says he wished to know extra about the way it labored.

“I noticed if I can create my very own, I can absolutely perceive it. If I can create it, I can perceive it. Similar to academics, in case you educate it, you keep it higher,” he stated.

As for its subsequent steps, Astra will likely be holding an occasion for its traders referred to as AstraCon on the finish of September at Singer Fort. It’s there they hope to attach with traders and perhaps discover some extra.

Copyright 2021 WWNY. All rights reserved.


Source link

Comments are closed.

Check Also

Ripple Resolution With SEC Not Coming Anytime Soon, Says Legal Expert – Here’s Why – The Daily Hodl

Authorized professional James Okay. Filan says XRP traders shouldn’t count on a settlement…

Must Read

Load more