The Altcoin market in India seems to be on a rise and particularly for the cheap coins. Altcoins newly available on Indian exchanges can be bought for as low as Rs. 2 per unit.
Joining the party now is BitBnS Cryptocurrency exchange. The Buyhatke’s ‘hatke’ venture just announced RPX and DBC trade on their exchange. In the past few days we have witnessed launch of DGB, REQ, RPX, DBC, Zcash and so on. While these are either ERC 20 tokens or independent coins, RPX and DBC are slightly different. Let us know a bit more about it.
Red Pulse Token (RPX)
Red Pulse is an event-driven market intelligence platform covering China’s financial markets, providing clients with the context to make informed business decisions. The company has been around since 2015 and last year they decided to go for a blockchain based scale up. Red Pulse raised 15 Million USD through the NEO based ICO. The ICO interestingly was the first ICO on Neo Platform.
With a roadmap in place, Red Pulse is planning to create and beta test the RPX based platform in Q2 of 2018. RPX token is trading at roughly Rs 13/- to Rs 15/- internationally at the time of this writing, up by 33%.
DeepBrain Chain (DBC)
Another coin that is on Neo based smart contract. DeepBrain Chain’s vision is to provide a low-cost, private, flexible, secure, and decentralised artificial intelligence computing platform for AI products. Artificial intelligence is not a subject you handle lightly. It has the potential to wipe out Human race as we know it from so many movies.
DeepBrain Chain is a decentralised neural network. Countless mining nodes across the world will supply computational power for AI use to meet world-wide enterprise demand. All is well and good on paper (read: Whitepaper) for DBC but we have to wait and watch for the product. To be honest, it is a brilliant idea to use world’s computation power to run artificial intelligence. That would be so cost effective.
DBC is trading around Rs 5/-
You can place your Buy and Sell orders on BitBns right now.
Trading goes live midnight for DBC and RPX tokens. Users would be able to place buy and sell order from 10:30 pm.
5.02 lac DBC
5.23 lac RPX deposited till 10 pm
— Bitbns (@bitbns) February 24, 2018