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What is CSM

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1. What is CSM?

CSM Cryptocurrency (Crypto Security Money) is an emerging cryptocurrency project primarily designed to provide enhanced security and privacy protection. Below is an introduction to CSM Cryptocurrency:

  • Name and Full Form: The full form of CSM is Crypto Security Money.
  • Design Intent: The design intent of CSM is to provide higher security and privacy protection, distinguishing it from other cryptocurrencies.
  • Project Background: CSM is an emerging cryptocurrency project aimed at addressing the security and privacy issues of existing cryptocurrencies.

Please note that the specific technical details and application scenarios of CSM Cryptocurrency may require further study and understanding.

2. Who founded CSM?

According to the provided information, CSM Coin has multiple interpretations depending on the project referred to:

  1. Crust Shadow (CSM): This is a Kusama version of Crust Network; the specific founder information is not clearly mentioned in the provided materials.

  2. Consentium (CSM): Also known as Jiaxin, the specific founder information is not clearly mentioned in the provided materials.

  3. CryptoSpinManager (CSM): The specific founder information is not clearly mentioned in the provided materials.

Therefore, based on the provided materials, it is not possible to determine who the specific founder of the CSM Coin is.

3. Which venture capitalists invested in CSM?

According to the provided information, the following venture capitalists were mentioned as having invested in cryptocurrency or related field projects:

  1. a16z: Invested in the A and B rounds of OpenSea.
  2. Libertus Capital: Invested in the $7.5 million funding of Axie Infinity.
  3. Blocktower Capital: Invested in the $7.5 million funding of Axie Infinity.
  4. Konvoy Ventures: Invested in the $7.5 million funding of Axie Infinity.
  5. Collab Currency: Invested in the $7.5 million funding of Axie Infinity, with specific investors including Derek Schloss and Stephen McKeon.
  6. Mark Cuban: Invested in the $7.5 million funding of Axie Infinity and the A round funding of OpenSea.

This information primarily comes from the first search result.

4. How does CSM operate?

CSM Cryptocurrency (Consentium) is a digital currency based on blockchain technology, integrating crypto wallet, chat, and community features. Below is how CSM Cryptocurrency operates:

  1. Blockchain Foundation: CSM uses blockchain technology to record and verify transactions, ensuring security and transparency.

  2. Crypto Wallet: CSM offers an integrated crypto wallet that allows users to send and receive CSM coins, Bitcoin, Ethereum, and other digital currencies.

  3. Chat and Community Features: The CSM application includes chat and community features, allowing users to chat with others, create groups, join channels, etc., all within the same application.

  4. Community Profit Model: CSM employs an algorithm known as “Community Profit Model” (CCM) to reward users who actively trade and nurture internal groups, encouraging users to create more engaging content.

  5. Transaction Fees: CSM transactions will charge a 1% network management fee, which is to be shared equally by the sender and the receiver at 0.5% each.

  6. Buying and Storing: Users can purchase CSM coins through cryptocurrency exchanges or wallets and store them in the crypto wallet.

In summary, CSM Cryptocurrency provides a secure and convenient digital transaction method through blockchain technology, crypto wallets, and community features.

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