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Coin: MONERO (XMR)
Monero is decentralised cryptocurrency asset focussed on maximising the privacy of transactions on the network.
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Investors:
Advance.Fund, Astronaut Capital, Asymmetry Asset Management, Block Ventures, Boost VC, CypherMines, Electric Capital, Galaxy Digital, LuneX Ventures, Myriad Capital Management, PECUNIO Cryptocurrency Fund, Parallax, Solidum Capital, The Hive Index
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Disclaimer: Platypus Terminal does not provide any investment advice, nor is anything mentioned an offer to sell, or a solicitation of an offer to buy any security or other instrument. Under no circumstances should investments be based solely on the information provided. We do not guarantee the security or completeness of our information, and are not held liable.
Monero was founded in April 2014 during the early day’s of Bitcoin. It was founded out of disagreements between the particular developers and a broader community on the privacy features of well established cryptocracy’s such as Bitcoin. The project was established by a community of developers and has no founder or CEO. Monero disregards the complete transparency if public blockchains to provide a private alternative where only the only the senders and recipients of transactions are privy to its details.
The native currency of Monero is XMR which has no maximum supply but gradually falling block rewards which will fall to a fixed 0.6 XMR per block in May 2022. Monero has seen accelerating adoption in recent years with merchants such as Azur Samui, Travala and BitCars all accepting XMR. Coverage of Monero is brought to you by Platypus Terminal.
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