Did COVID-19 Help or Hurt the Case for Cryptocurrency?

By |January 12th, 2021|Categories: Cryptocurrency|

The cryptocurrency market remains uncharted territory for many investors and businessmen. This is due to the sheer size of the market, with its multiple cryptocurrencies, and its volatility. Recently, however, there’s been a shift, as more entrepreneurs have become more willing to put their money into crypto. Bitcoin and Coronavirus, in particular, seem to be a pair often talked about. In fact, a recent report on CNBC states that ever since the Coronavirus Bitcoin values have been on the rise. This is because big investors started purchasing it. Now, the value of a single bitcoin is over $30,000, making it a more appealing option for mainstream investors. How much of this apparent surge is due to the effects of the pandemic? But note that it isn’t just Bitcoin Coronavirus has affected, but cryptocurrencies all across the crypto market. In this article, we’ll be [...]

How does auction theory determine the future of the economy?

By |October 16th, 2020|Categories: blog, Blog|

Auctions are gradually becoming an increasingly important component of the global economy. They have ceased to be a highly specialized tool suitable only for limited categories of goods - auctions are being used more widely and in new formats. Even the very conservative Nobel Committee acknowledged this trend. As well as the Bank of Sweden, which finances the prize and awards the Nobel memorial prize in Economics. In 2020, it will be awarded to Paul Milgrom and Robert Wilson for “improving auction theory and inventing new auction formats". It is important to note that the Nobel prizes are awarded not for theoretical research, but for their practical implementation. And Milgrom and Wilson have been implementing new auction formats for many years and “accustoming” a plethora of new industries to auctions. Milgrom's achievements have become particularly important in areas where “traditional” auctions have consistently faced issues - selling [...]

What is TON and How Can You Use It?

By |September 18th, 2019|Categories: Cryptocurrency|

Everybody wants to create the next hot cryptocurrency, but only a few currencies have the potential to catch on. Telegram stands to do just that with the release of TON, which stands for Telegram Operating Network. Also known simply as gram, this crypto coin will come out worldwide by the end of 2019. To buy in while the gram cryptocurrency price has maximum room to grow, cryptocurrency exchanges should consider supporting TON coin as soon as possible. […]

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