what ethereum ERC20 token to bring

Ethereum network, which has caused congestion on the ETH network. So why is ICO based on Ethereum and not Bitcoin network? Is Bitcoin Network Bigger?

At the end of 2008 when Nakamoto raised the concept of bitcoin, he only built a decentralized currency system, which is what we call blockchain 1.0. This system is only about money, and there is only one currency in the system.

Until the emergence of Ethereum in 2013-14, ETH ICO was very successful. Because Ethereum can run smart contracts on the Internet, or that the location of Ethereum itself is a platform for smart contracts. So many teams built their decentralized applications on Ethereum.

Ethereum developers want to provide convenience to these teams and, of course, for the better development of Ethereum itself, they want to design a new financing method for them so that they can more easily obtain project funding. Finally, in November 2015, Ethereum launched the current ERC20 token.

Introduce 3 blockchain projects based on ERC20

Ink Protocol（XNK）

This is a completely point-to-point trading agreement that does not require a market. It allows buyers and sellers worldwide to easily trade. Utilizing blockchain eliminates trading mistrust. The Ink Protocol's built-in dispute resolution solution allows the mediator to be assigned to a transaction. The mediator exists as an independent smart contract and is negotiated between the buyer and the seller. Through mediation, payment is carried out in trust until the buyer confirms the transaction. In the event of a dispute, the mediator cooperates with the parties to determine the outcome. XNK is the base currency used in all Ink protocol transactions. Therefore, all transactions and feedback are supported by blockchain payment certificates. XNK has been used as the main virtual currency for all transactions on Listia.

Privatix (PRIX)

What is Privatix Network?

Blockchain-based decentralized and 100% anonymous peer-to-peer VPN network, the first Internet bandwidth market supported by the crypto economy. Any user can sell excess or idle Internet traffic to the network and receive an encrypted code payment immediately. The buyer purchases the bandwidth directly and through a third-party application and pays it.

Why Privatix?

Network censorship has become increasingly stringent.

With the popularity of the Internet in the world, more people need access to the Internet, but it is also subject to certain restrictions.

The Privatix network-based decentralized VPN allows you to surf between millions of egress nodes at optimal speeds, using advanced and improved VPN connections that DPI cannot detect, and the VPN can guarantee 100% anonymity.

CryCash (CRC)

For avid gamers, playing games while making money is best. CryCash is an ecosystem of individually customized products that allows players to profit from playing time.

Benefits of CRC holders

1. Safe and convenient way to earn income from game and game development

2. Pay for assets, goods and services in the game

3. Use CRYCASH SDK to integrate CRYCASH with your product and reach millions of players

Because it is too simple to create ERC20 tokens - it is said that a person with a little programming experience can go to GitHub to find someone else's written token code, which can be completed in minutes by copying and pasting. This has led to a low threshold for entry into the ICO market. This has caused many teams that have no ability to develop blockchains and do not intend to develop blockchain applications to make money in the ICO market, leading to chaos in the cryptocurrency market.