A Creative Concept from Seasoned Cryptocurrency Specialists
The idea comes from a team of highly reputable cryptocurrency specialists, led by Marc Kenigsberg, a notorious Bitcoin advocate, and early adopter. Marc Kenigsberg has been involved with the gambling industry since 1999 and was responsible for some of the largest brands in the world. 6 years ago, he became involved with Bitcoin and has been a passionate advocate ever since, launching BetChain, one of the biggest Bitcoin casinos in the space and Bitcoin Chaser, one of the biggest affiliate sites in the space.
Marc came up with the idea for CoinJanitor after a discussion about failed blockchain projects. No one really knows what happens when a blockchain project dies or how it failed. Nevertheless, there can be as many as 3,000 such projects, trapping value that can be recycled.
https://bitcoinhub.co.za/coinjanitor-launches-project-to-clean-up-dead-coins/
Topic: [ANN] COINJANITOR[ICO] Do Dead Coins Go to Heaven? Or Do They Go To The Janitor? - page 10. (Read 3211 times)
May 21, 2018, 12:55:16 AM
May 21, 2018, 12:47:08 AM
Bitcoin Garden: CoinJanitor, Concept and Token Value Proposition
https://bitcoingarden.org/coinjanitor-concept-and-token-value-proposition/
CoinJanitor captures trapped value from inactive and failed cryptocurrency projects and restores it to the active cryptocurrency market, bringing value to investors and the cryptocurrency ecosystem as a whole.
There are two important questions that arise for prospective contributors with just about every blockchain startup these days.
- Why does this project need its own coin or token rather than just using an established cryptocurrency such as Bitcoin or Ethereum?
- What is the coin or token’s value proposition? In other words, how will its value increase in the future?
The CoinJanitor project is designed to strengthen the cryptocurrency market from the bottom up. The process for doing so starts with buying out abandoned and untradeable coins – also called dead coins – that are trapping value on their inactive blockchains. CoinJanitor’s native cryptocurrency, JAN, is an essential tool in that process, and its benefits could not be matched by using another cryptocurrency that’s not specific to the project....
Thank you! https://bitcoingarden.org/coinjanitor-concept-and-token-value-proposition/
CoinJanitor captures trapped value from inactive and failed cryptocurrency projects and restores it to the active cryptocurrency market, bringing value to investors and the cryptocurrency ecosystem as a whole.
There are two important questions that arise for prospective contributors with just about every blockchain startup these days.
- Why does this project need its own coin or token rather than just using an established cryptocurrency such as Bitcoin or Ethereum?
- What is the coin or token’s value proposition? In other words, how will its value increase in the future?
The CoinJanitor project is designed to strengthen the cryptocurrency market from the bottom up. The process for doing so starts with buying out abandoned and untradeable coins – also called dead coins – that are trapping value on their inactive blockchains. CoinJanitor’s native cryptocurrency, JAN, is an essential tool in that process, and its benefits could not be matched by using another cryptocurrency that’s not specific to the project....
May 20, 2018, 01:01:29 PM
Bitcoin Garden: CoinJanitor, Concept and Token Value Proposition
https://bitcoingarden.org/coinjanitor-concept-and-token-value-proposition/
CoinJanitor captures trapped value from inactive and failed cryptocurrency projects and restores it to the active cryptocurrency market, bringing value to investors and the cryptocurrency ecosystem as a whole.
There are two important questions that arise for prospective contributors with just about every blockchain startup these days.
- Why does this project need its own coin or token rather than just using an established cryptocurrency such as Bitcoin or Ethereum?
- What is the coin or token’s value proposition? In other words, how will its value increase in the future?
The CoinJanitor project is designed to strengthen the cryptocurrency market from the bottom up. The process for doing so starts with buying out abandoned and untradeable coins – also called dead coins – that are trapping value on their inactive blockchains. CoinJanitor’s native cryptocurrency, JAN, is an essential tool in that process, and its benefits could not be matched by using another cryptocurrency that’s not specific to the project....
https://bitcoingarden.org/coinjanitor-concept-and-token-value-proposition/
CoinJanitor captures trapped value from inactive and failed cryptocurrency projects and restores it to the active cryptocurrency market, bringing value to investors and the cryptocurrency ecosystem as a whole.
There are two important questions that arise for prospective contributors with just about every blockchain startup these days.
- Why does this project need its own coin or token rather than just using an established cryptocurrency such as Bitcoin or Ethereum?
- What is the coin or token’s value proposition? In other words, how will its value increase in the future?
The CoinJanitor project is designed to strengthen the cryptocurrency market from the bottom up. The process for doing so starts with buying out abandoned and untradeable coins – also called dead coins – that are trapping value on their inactive blockchains. CoinJanitor’s native cryptocurrency, JAN, is an essential tool in that process, and its benefits could not be matched by using another cryptocurrency that’s not specific to the project....
May 18, 2018, 03:19:13 AM
CoinJanitor is now teaming up with DeadCoins to clean up crypto!
May 17, 2018, 06:50:04 AM
What Happens When A Blockchain Project Fails?
Blockchain is the new buzzword. Everyone seems to want one these days, but most of the blockchain projects out there fail. When these projects fail, what happens with them? How about all the people who put money, effort, computing power or other resources into them?
A new project called CoinJanitor is the first to look at these issues and offer a user-friendly solution that will recycle the value trapped in these failed blockchain projects. CoinJanitor refers to these failed projects as dead coins, and it has a clever system to deal with them.
http://www.ecooin.com/2018/04/28/what-happens-when-a-blockchain-project-fails/
Blockchain is the new buzzword. Everyone seems to want one these days, but most of the blockchain projects out there fail. When these projects fail, what happens with them? How about all the people who put money, effort, computing power or other resources into them?
A new project called CoinJanitor is the first to look at these issues and offer a user-friendly solution that will recycle the value trapped in these failed blockchain projects. CoinJanitor refers to these failed projects as dead coins, and it has a clever system to deal with them.
http://www.ecooin.com/2018/04/28/what-happens-when-a-blockchain-project-fails/
May 17, 2018, 02:03:31 AM
JAN’s Value Proposition
First and foremost, JAN will increase in value because of the project’s unique community growth mechanism. Every time that CoinJanitor buys out an inactive project, that project’s coin holders will receive JAN tokens and be introduced to the CoinJanitor project. From there, they will face a choice between trading their JAN tokens for other currencies or holding.
Read more here : https://bitcoinchaser.com/press-release/why-invest-in-coinjanitors-jan-token/
First and foremost, JAN will increase in value because of the project’s unique community growth mechanism. Every time that CoinJanitor buys out an inactive project, that project’s coin holders will receive JAN tokens and be introduced to the CoinJanitor project. From there, they will face a choice between trading their JAN tokens for other currencies or holding.
Read more here : https://bitcoinchaser.com/press-release/why-invest-in-coinjanitors-jan-token/
May 17, 2018, 01:55:30 AM
Wow.. So far Over 2million dollars raised! Another milestone reached by @CoinJanitor ! Many didn't give the amazing project a chance! ICO live till may 31st to sanitize the cryptocurrency industry! Congrats
Thank you so much for your kind words!
May 17, 2018, 01:53:55 AM
CoinJanitor now listed on Sangus ICO Info: https://sangus.org/ico/1443
Thank you for posting this! May 16, 2018, 05:59:12 PM
Wow.. So far Over 2million dollars raised! Another milestone reached by @CoinJanitor ! Many didn't give the amazing project a chance! ICO live till may 31st to sanitize the cryptocurrency industry! Congrats
May 16, 2018, 08:04:15 AM
CoinJanitor captures trapped value from inactive and failed cryptocurrency projects and restores it to the active cryptocurrency market, bringing value to investors and the cryptocurrency ecosystem as a whole.
There are two important questions that arise for prospective contributors with just about every blockchain startup these days.
1. Why does this project need its own coin or token rather than just using an established cryptocurrency such as Bitcoin or Ethereum?
2. What is the coin or token’s value proposition? In other words, how will its value increase in the future?
Interested in knowing the answers to these two question? Go here: https://article.wn.com/view/2018/05/07/Why_Invest_in_CoinJanitor_s_JAN_Token/
There are two important questions that arise for prospective contributors with just about every blockchain startup these days.
1. Why does this project need its own coin or token rather than just using an established cryptocurrency such as Bitcoin or Ethereum?
2. What is the coin or token’s value proposition? In other words, how will its value increase in the future?
Interested in knowing the answers to these two question? Go here: https://article.wn.com/view/2018/05/07/Why_Invest_in_CoinJanitor_s_JAN_Token/
May 16, 2018, 05:09:36 AM
Idea & Token
For this moment, there are 4,500+ different cryptocurrencies, only 1,400 of them are traded on exchanges, the rest are functionally dead. The crypto assets invested into the dead tokens are now trapped and cannot be transacted or traded. This a problem for cryptocurrency markets as well, because they suffer from the decrease of capital, resources, and reputation. CoinJanitor is aiming to exchange the dead tokens for its native Janitor (JAN) token. The received dead tokens will be burned. As a result, the lost value will increase, and the owners of JAN will be able to sell or exchange them for other cryptocurrencies. This way CoinJanitor is going to contribute to the network effect by uniting the fragmented communities and reusing the spent funds by reinvesting them into future projects. In addition, CoinJanitor will create its own network, a community of loyal users working together and therefore restoring the value of the crypto market.
Their utility token called JAN will be a deflationary asset pushing the prices up and creating comfortable terms for CoinJanitor to buy out subsequent failed projects. So the earlier user will buy JAN, the more benefit they will get, as JAN becomes more and more expensive. As CoinJanitor will buy out new projects, the interest to the project will grow engaging new user to the community. CoinJanitor plans to buy out 3 dead coins for the first 2 months.
A total supply is 100 million tokens. The distribution is as follows: 50% – sale, 30% – fund for purchasing dead coins, 10% – team, 5% – partners, 5% – bounty.
According to whitepaper, the unsold tokens will be airdropped to contributors.
https://icocrunch.io/ico/coinjanitor/
For this moment, there are 4,500+ different cryptocurrencies, only 1,400 of them are traded on exchanges, the rest are functionally dead. The crypto assets invested into the dead tokens are now trapped and cannot be transacted or traded. This a problem for cryptocurrency markets as well, because they suffer from the decrease of capital, resources, and reputation. CoinJanitor is aiming to exchange the dead tokens for its native Janitor (JAN) token. The received dead tokens will be burned. As a result, the lost value will increase, and the owners of JAN will be able to sell or exchange them for other cryptocurrencies. This way CoinJanitor is going to contribute to the network effect by uniting the fragmented communities and reusing the spent funds by reinvesting them into future projects. In addition, CoinJanitor will create its own network, a community of loyal users working together and therefore restoring the value of the crypto market.
Their utility token called JAN will be a deflationary asset pushing the prices up and creating comfortable terms for CoinJanitor to buy out subsequent failed projects. So the earlier user will buy JAN, the more benefit they will get, as JAN becomes more and more expensive. As CoinJanitor will buy out new projects, the interest to the project will grow engaging new user to the community. CoinJanitor plans to buy out 3 dead coins for the first 2 months.
A total supply is 100 million tokens. The distribution is as follows: 50% – sale, 30% – fund for purchasing dead coins, 10% – team, 5% – partners, 5% – bounty.
According to whitepaper, the unsold tokens will be airdropped to contributors.
https://icocrunch.io/ico/coinjanitor/
May 16, 2018, 01:19:47 AM
Why Should You Support CoinJanitor?
So, now that we established how running cleaner cryptocurrency markets is beneficial to everyone, it is important to explain why people should support CoinJanitor. After all, anyone who top-ranked ranked cryptocurrency should benefit from the positive externality without having to contribute. The answer lies, once again, in fundamental economic principles:
CoinJanitor contributors will become an integral part of a fast-growing community that amalgamates users from dead or failed coins throughout the market, creating a powerful network effect that adds value to the unlocked value coming from those dead or failed coins.
CoinJanitor will also produce troves of data regarding a deeply understudied segment of the market, which the staff in charge of the project will work diligently to organize for its members to use.
https://chaining.ru/2018/04/26/the-economy-always-needs-a-janitor-2/
So, now that we established how running cleaner cryptocurrency markets is beneficial to everyone, it is important to explain why people should support CoinJanitor. After all, anyone who top-ranked ranked cryptocurrency should benefit from the positive externality without having to contribute. The answer lies, once again, in fundamental economic principles:
CoinJanitor contributors will become an integral part of a fast-growing community that amalgamates users from dead or failed coins throughout the market, creating a powerful network effect that adds value to the unlocked value coming from those dead or failed coins.
CoinJanitor will also produce troves of data regarding a deeply understudied segment of the market, which the staff in charge of the project will work diligently to organize for its members to use.
https://chaining.ru/2018/04/26/the-economy-always-needs-a-janitor-2/
May 16, 2018, 01:15:06 AM
Our CEO, @Marc Kenigsberg will be hosting a live AMA session at 16:00 pm UK time. To join the AMA, follow the link below and prepare some fun questions!
https://www.youtube.com/embed/clkDu2UqOXk
Thank you for taking the time to watch. We appreciate your support.
May 15, 2018, 03:33:45 PM
Our CEO, @Marc Kenigsberg will be hosting a live AMA session at 16:00 pm UK time. To join the AMA, follow the link below and prepare some fun questions!
https://www.youtube.com/embed/clkDu2UqOXk
May 15, 2018, 08:32:57 AM
Our CEO, @Marc Kenigsberg will be hosting a live AMA session at 16:00 pm UK time. To join the AMA, follow the link below and prepare some fun questions!
https://www.youtube.com/embed/clkDu2UqOXk
May 15, 2018, 05:29:31 AM
Our CEO, @Marc Kenigsberg will be hosting a live AMA session at 16:00 pm UK time.
To join the AMA, follow the link below and prepare some fun questions!
https://www.youtube.com/embed/clkDu2UqOXk
To join the AMA, follow the link below and prepare some fun questions!
https://www.youtube.com/embed/clkDu2UqOXk
May 15, 2018, 02:18:20 AM
Our CEO, @Marc Kenigsberg will be hosting a live AMA session at 16:00 pm UK time.
To join the AMA, follow the link below and prepare some fun questions!
https://www.youtube.com/embed/clkDu2UqOXk
To join the AMA, follow the link below and prepare some fun questions!
https://www.youtube.com/embed/clkDu2UqOXk
May 15, 2018, 12:54:20 AM
CoinJanitor will pay users of dead coins for their useless coins, to bring them back into the market.
Cryptocurrency markets are full of coins that have failed. These coins are functionally dead and cannot be traded. The holders of these coins are stuck, and the value left in these blockchains is locked. CoinJanitor is the first and only project so far that can change this situation. The project will buy dead coins from the people who got stuck with them, allowing them to recover some of the value they have trapped in those coins. The buyouts, on the other hand, will bring all those dead coin assets – users, code, data, and marketing assets – under the CoinJanitor umbrella, where they will create a powerful network effect and serve to build new market analysis tools.
https://ethereumworldnews.com/coinjanitor-the-project-in-charge-of-cleaning-cryptocurrency-markets-from-dead-coins/
Cryptocurrency markets are full of coins that have failed. These coins are functionally dead and cannot be traded. The holders of these coins are stuck, and the value left in these blockchains is locked. CoinJanitor is the first and only project so far that can change this situation. The project will buy dead coins from the people who got stuck with them, allowing them to recover some of the value they have trapped in those coins. The buyouts, on the other hand, will bring all those dead coin assets – users, code, data, and marketing assets – under the CoinJanitor umbrella, where they will create a powerful network effect and serve to build new market analysis tools.
https://ethereumworldnews.com/coinjanitor-the-project-in-charge-of-cleaning-cryptocurrency-markets-from-dead-coins/
May 15, 2018, 12:42:33 AM
Hi CoinJanitor, really think this project has huge potential and it can really help a lot of users get some value from their failed investments. I wanted to take this opportunity to share my Steemit review of the CoinJanitor project. Hope you guys like it 
https://steemit.com/cryptocurrency/@bitcoinkings/coinjanitor-jan-launches-crypto-project-to-clean-up-dead-coins
Thank you so much for your support and belief in our project!https://steemit.com/cryptocurrency/@bitcoinkings/coinjanitor-jan-launches-crypto-project-to-clean-up-dead-coins
We greatly appreciate you taking the time to say such nice things about our project.
May 14, 2018, 02:17:13 PM
Hi CoinJanitor, really think this project has huge potential and it can really help a lot of users get some value from their failed investments. I wanted to take this opportunity to share my Steemit review of the CoinJanitor project. Hope you guys like it
https://steemit.com/cryptocurrency/@bitcoinkings/coinjanitor-jan-launches-crypto-project-to-clean-up-dead-coins
https://steemit.com/cryptocurrency/@bitcoinkings/coinjanitor-jan-launches-crypto-project-to-clean-up-dead-coins
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