What is EPIC
Tokens
1. What is epic?
Epic Cash (EPIC) is a type of tokens, here is a basic introduction:
- Name: Epic Cash (EPIC)
- Type: Tokens
- Features: Epic Cash is a decentralized token designed to provide a fast, secure, and private transaction experience.
- Use Cases: Epic Cash can be used for online transactions, investments, and other token-related applications.
- Supported Platforms: Epic Cash can be used on several token trading platforms and digital asset management tools, such as Binance and Coinbase.
Please note that Epic Cash is not related to Epic Games (the game development company), which is primarily engaged in game development and sales, such as Fortnite.
2. Who founded epic?
According to the provided information, EPIC is a Bitcoin rune token listed on CoinEx on May 7, 2024. Its founding is associated with @bookofblob, who engraved the first Epic Sat (the first satoshi in the halving block) through an interactive audiovisual message, related to EPIC•EPIC•EPIC•EPIC runes. Therefore, the founder of EPIC is @bookofblob.
Note: The name EPIC may be confused with other projects (such as Epic Cash or Epic Games), but in this context, EPIC refers to the Bitcoin rune token.
3. Which venture capitalists invested in epic?
According to the provided information, no venture capital firms invested in tokens named "Epic." However, it was mentioned that the gaming giant Epic Games partnered with Disney to secure $1.5 billion in financing, which is unrelated to tokens.
If you are looking for venture capital firms that invest in tokens or Web3 projects, here is some relevant information:
- HashKey Capital: An Asian asset management firm focused on investing in blockchain technology and digital assets, with investments in over 200 projects.
- Fenbushi Capital: The first venture capital firm in China focused on investing in blockchain technology-related companies, involved in investments in significant infrastructure and applications in the Ethereum ecosystem.
- SevenX Ventures: A rapidly growing emerging star crypto investment fund in Asia, known for its "immersive investment" style, providing comprehensive support to the projects it invests in.
- Dragonfly Capital: Primarily focused on three investment areas: investing in new types of crypto asset management funds, investing in protocols and applications that may form the basis of a decentralized economy, and supporting tech startups that connect decentralized and centralized worlds.
These firms have invested in multiple Web3 and token projects, but none mentioned investments in tokens named "Epic."
4. How does epic work?
EPIC tokens have two distinct versions, which need to be explained separately:
EPIC (Epic Cash):
Privacy and Decentralization: EPIC is a privacy-centric token based on the Mimblewimble protocol, aimed at providing a more secure and private transaction experience.
Farm; Mine Algorithm: Uses a proof of work (PoW) algorithm based on solving complex mathematical problems to prove miners' participation in the blockchain network, in return for earning new EPIC coins as rewards.
Blockchain Data Compression: The Mimblewimble protocol significantly compresses transaction information on the blockchain, enabling faster processing speeds and providing a higher degree of anonymity.
Halving (ePIC): Sets a halving cycle every two years, reducing the amount of EPIC coins miners receive by half, aimed at maintaining the stability of EPIC's market supply.
EPIC (BTC Rune):
BTC Rune Token: EPIC is a meme coin minted and engraved using the BTC rune protocol, listed on CoinEx on May 7, 2024.
Airdrop and Trading: Although Bitcoin runes are only airdropped to miners and wallet holders, general token users can still trade them on various CEX and DEX platforms.
Purpose: To incentivize miners in the form of an alternative asset, as the rewards for Farm; Mine have already been reduced to 3.125 BTC following the fourth Bitcoin halving.
These two versions of EPIC tokens have different designs and purposes and need to be distinguished based on the specific version.
