As a newbie, I encounter all kinds of strange words every day that I don’t understand. I don’t know how many people really care about the future applications of blockchain technology. Now it seems that most people don’t. You pay more attention to currency speculation and are more interested in the currency circle. Since you want to mix in the currency circle, do you know what are air coins, MLM coins and altcoins besides mainstream coins? Let me give you a brief introduction today.

Air coins are generally digital currencies issued by some "leather companies". They may have gorgeous packaging on the outside, but nothing on the inside. It is even so exaggerated that there is actually only one person pretending to be part of the so-called team.

To put it bluntly, air coins are a gimmick used by speculators or even scammers to defraud people of their money. Air coins may not even exist, which is really as the name suggests. These "scammers" may not know much about blockchain, but they just know more about the characteristics and concepts of blockchain than ordinary people, and then package themselves as a so-called "good project" of blockchain.

After that, there were false financings, and many people began to be attracted by the so-called blockchain projects, thinking that they must have a bright future. However, this kind of "project" has no specific developed applications and will usually show its flaws after a few months. By the time investors come to their senses, the building may have already been empty.

To put it more bluntly, it is a scam or a pyramid scheme. So how can you tell whether a coin is an air coin? An air coin has several very obvious characteristics. If it meets these characteristics, it is basically an air coin.

Characteristics of Air Coin

No. 1 The so-called white paper of Aircoin does not contain any technical content, it is all a project plan that deceives people.

2. The founder over-packages himself and uses his existing “reputation” or “special status” to endorse his currency.

No. 3: Don’t focus on technology, only focus on marketing, and put publicity first

4. In the later period, air coins will be listed on more than one exchange, and the currency price will be the only criterion to measure the project.

If these characteristics are met, then you must keep your eyes open and don't be fooled.

MLM coins can be said to be a kind of air currency, so why are they separated separately? Is it really related to MLM coins? Yes, MLM coins are actually a new MLM method disguised as digital currency and blockchain.

Since MLM coins are also a type of air coins, how do we determine whether they are MLM coins or air coins? The most important thing is to see whether the coin is operating in the mode of MLM. The biggest feature of MLM coins is that the code is not open source or does not exist at all, it is extremely opaque, and can be issued indefinitely, as many as you want. Bitcoin is open source, limited to 21 million coins, transparent, and not subject to any manipulation. In this way, MLM coins are completely opposite to these features of Bitcoin.

It can be understood as the QQ coins you bought when you were a child. Tencent can issue as many as it wants. It has no technical content and has nothing to do with blockchain technology. However, QQ coins can be used to recharge QQ membership and play games, while MLM coins can't do anything and their future value is basically zero.

Characteristics of MLM coins

No. 1: Covered in the cloak of blockchain technology, there is actually no technology at all

The second token is not issued through the smart contract of Ethereum, and is not on any formal trading platform for digital currencies. Most of them are traded through the internal platform built by the project team.

The 3rd commitment is to only rise but not fall, with static (currency dividends or interest-earning, monthly returns as high as 10-30%) and dynamic (multi-level team remuneration 65-80%) income

No. 4 No project team or technical team resume, no early investment or cooperative agency resume

No. 5 The main communication methods are WeChat and QQ, and there are no communities such as Telegram communication groups.

If air coins only defraud people out of money, then MLM coins may lead you to accidentally enter the Chuanxiao organization. In serious cases, you may have personal safety problems and even some people may embark on the road of illegal crimes. You must be vigilant and vigilant! #token2049 #美联储是否加息? #空气币 #传销币 (Toujiao News)