Obits Coin price

The digital currency market is fraught with wild swings in prices. OBITS is a different kind of token that is based on the value of an ecosystem that facilitates the creation and trading of digital assets. Holders of OBITS are thus holding a stake in not one project, but rather, the infrastructure that supports a wide variety of projects based on blockchain technology. OBITS tokens are hosted on OpenLedger, one of the world’s first Decentralized Autonomous Exchanges. Open Ledger is not a registered “exchange” as traditionally defined by the U.S. Securities and Exchange Commission and other regulatory agencies worldwide. Instead, it is an open forum or marketplace that operates according to pre-set and generally accepted rules, permitting the free exchange of digital assets between buying and selling parties. Transactions on OpenLedger are always auditable, stable, and user’s balances are always available in full. Our business is based on blockchain technology offered by Bitshares, and our code is fully open source and available for review by any interested person. Holding OBITS entitles you to become a part owner of the bright future that lies ahead of OpenLedger. OBITS owners have an access to share in the profits accumulated by the organization. OBITS holders are also entitled to cast votes on key decisions made by the organization. Although we believe that the market value of OBITS is less volatile compared to single-project crypto assets or tokens, OBITS remains a highly speculative investment in an early-stage technology venture. Investors in OBITS should familiarize and fully inform themselves about the facts before making any investment decision. Unlike Bitcoin, we believe OBITS is less vulnerable to extreme volatility or the vagaries of the market, because its value is more correlated with overall participation and trading, and not the success or failure of any particular project. We welcome you to learn more about our platform and to participate in its growth.