Creditbit is an open source software project released under the MIT/X11 license which gives you the power to run, modify, and copy the software and to distribute, at your option, modified copies of the software. The software is released in a transparent process that allows for independent verification of binaries and their corresponding source code.
The crypto currently has initiated Migration under its second phase of development or Credit 2.0. The first round of the Migration process has been successful for the crypto and will end on April 8, 2016. Migration has brought in a fair bit of attention to the crypto and also increased in the number of adopters leading to expansion of Creditbit community.
This is conspicuous by the hike in Creditbit’s price recently. The Creditbit prices are showing a constant upward movement as the first round of migration is drawing to an end. Creditbit is being traded at 0.304821 USD with a market cap of 3,831,685 USD and Volume (24h) at 56,320 USD.
CreditGAME is the next step following the Migration. Creditbit is all set to launch CreditGAME, which will help them relocate the CreditBOND yields for locked tokens in a fun way.
CreditGAME will include games like Jenga and Minesweeper. The members of the distribution group will get to participate in CreditGAME to test their skills and/or knowledge. Players can enter these games anonymously, only with a transaction to a game account.
Several different games can be activated at the beginning of each period of distribution, each with fixed amount of new coins for a distribution. Games will have different dynamics, rewards and lock-down fees.
Games will be peer to peer where players can compete in 1-to-1 games anonymously for the CreditBOND yield. Both players will lock an equal amount of tokens for a certain period and enter the game. A winner will collect both yields for this locking period, but ownership of locked coins does not change.
Creditbit is making all the right moves and is growing by leaps and bounds. It is expected to break into the top ten alt coins list with its continuous innovation and consistent community centric development!
Disclaimer: Live Bitcoin News does not endorse this publication, not any of its members are associated with it. Readers are recommended to research on their own before making any investments in any company.
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