One factor that makes Bitspark unique among surviving token projects is that it was originally a bitcoin-centric project that switched to the open-source BitShares blockchain for quick scaling (Most of Bitspark’s $2.8 million in reserves is in BitShares’ BTS token, for instance). Unlike ethereum, BitShares co-founder Dan Larimer is no longer actively focused on this blockchain and it is primarily maintained by volunteers.
This is the latest in a series of ICO Followups examining the aftermath of the 2017 token boom. Out of dozens of token projects that supposedly aimed to offer financial services like remittances to the unbanked, Bitspark is one of the few still fully operational today. If Facebook’s Libra […]
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