Let me first give you an idea what CREATIVE COIN is and what's it's meant for.
What is CreativeCoin?
Creative Coin is founded by Creative Chain. Creative Coin claims to be the first cryptocurrency designed to meet the needs of all creative communities that produce and distribute digital content.
Sounds familiar right? Of course it isn't the first one. With Steemit planning on SMT is pretty much debunks that claim.But there's a slight difference
Creative Chain is a decentralized platform for the registration and distribution of multimedia content that proves in an indelible way the authorship and license of any work or creation.
It seems a little interesting and probably very beneficial for content owners who constantly produces wonderful contents and then those are stolen by some random ABC and literally takes all the credit for you work
Can we say a good bye to that? May be, who knows.
Along with the release of Creative Coin addition to HT wallet, HT said;
Imagine a social network of content exchange like Facebook, Spotify or Youtube totally decentralized, without managers or intermediaries, without censorship and with its own P2P system of electronic money based on its own Cryptocurrency. - Source: HT
Isn't that what we are doing here? We have got Steemit, dtube, dSound. What else do you need?
Creative Coin handovers power of attorney of blockchain technology to create incorruptible time stamps that certify the authorship of any digital work such as photos, videos, films, texts, electronic books, software or any digitizable file.
Blockchain technology opens up a universe of possibilities for the registration and distribution of intellectual property without intermediaries and it seems that Creative Coin aims to target that particular area. Creative Chain is presented as an open and straightforward option for licensed intellectual asset registration.
The power of attorney along with the decentralized peer-to-peer distribution of digital content create a new paradigm shift in the era of digital culture.
But are those just claims? Will it fade as the time pass on, like many other failed projects? I am not sure.
But what I am sure about is that it's a niche coin, appeals a particular class of limited users hence the limited use-case and it certainly does not appeal the investors.
Despite all this If you would like to buy, sell or store you can now do so as easy as a piece of cake.
HolyTransaction brings you CREA Wallet
HT recently announced the news of adding CREA to their list of wallets. If you would like to open a wallet, here's what you need to do.
Go to login page and enter your username etc. Now got o the list of wallets, find CREA and hit the "+" button.
Congratulations ! you are done.
You can now sell, buy, exchange, send and receive CREA inside your HT wallet.
Market Performance
Creative Coin is yet to be listed on major exchanges. It's a pretty much new coin, just released a few months back. So, I guess it will take some time.
Here's the CREA performance on the top listed exchanges/markets.
No. | Source | Pair | Volume(24h) | Price | Volume(%) | Updated |
---|---|---|---|---|---|---|
1 | Cryptopia | CREA/BTC | $4,538 | $0.164802 | 69.44% | Recently |
2 | Novaexchange | CREA/BTC | $1,299 | $0.129822 | 19.88% | Recently |
3 | CoinExchange | CREA/BTC | $696 | $0.166280 | 10.65% | Recently |
4 | Cryptopia | CREA/LTC | $2 | $0.154138 | 0.02% | Recently |
Seems a little disappointing though but as I said the coins is still pretty much new and stands with just $1,995,487 Market capital.
The price seems a little stable since it has been created. The highest price 0.486 USD and the lowest ever touched is 0.07 USD during the launch of few days.
Opinion
I am certainly not advising you on investing that's totally your choice. Just stating some facts and figures. Please act as you please but as always DYOR and be smart.
img credz: pixabay.com
Nice, you got a 52.0% @davidding upgoat, thanks to @ghayas
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The @OriginalWorks BETA V2 bot has upvoted(1%) and checked this post!
Some similarity seems to be present here:
https://www.creativechain.org/creativecoin/
This is an early BETA version. If you cited this source, then ignore this message! Reply if you feel this is an error.
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Fuck ! Nobody used that site.
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Congratulations! This post has been upvoted from the communal account, @minnowsupport, by ghayas from the Minnow Support Project. It's a witness project run by aggroed, ausbitbank, teamsteem, theprophet0, someguy123, neoxian, followbtcnews/crimsonclad, and netuoso. The goal is to help Steemit grow by supporting Minnows and creating a social network. Please find us in the Peace, Abundance, and Liberty Network (PALnet) Discord Channel. It's a completely public and open space to all members of the Steemit community who voluntarily choose to be there.
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This post has received a 0.35 % upvote from @drotto thanks to: @banjo.
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