December 2018
Beginner to intermediate
564 pages
17h 34m
English
Content preview from Blockchain Developer's Guide
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Sustainability
Projects in the ICO space, such as blockchain itself, operate in a unique fashion. Depending on the project, they may operate along the lines of a traditional business, but also as a central bank—adding and removing currency from circulation. For a traditional company, profitability is paramount and straightforward, in that a company offers a product and earns a return from sales. However, if you are also creating a currency from nothing and selling and trading it for some other product, or if this currency IS the product, then the situation is more complicated. If the sustainability of the project comes from selling currency, then a downturn can be catastrophic as currency buyers dry up and immense swings in the value of the ...
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