1. What is epic?

Epic Cash (EPIC) is a cryptocurrency; here is a basic introduction:

• Name: Epic Cash (EPIC)
• Type: Cryptocurrency
• Features: Epic Cash is a decentralised cryptocurrency designed to provide a fast, secure, and private transaction experience.
• Use Cases: Epic Cash can be used for online transactions, investments, and other cryptocurrency-related applications.
• Supported Platforms: Epic Cash can be used on various cryptocurrency 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 primarily engages in game development and sales, such as Fortnite.

2. Who founded epic?

According to the information provided, EPIC is a Bitcoin rune token that was launched on CoinEx on May 7, 2024. Its founding is related to @bookofblob, who etched the first Epic Sat (the first satoshi of the halving block) through an interactive audio-visual message, which is associated with 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 have invested in a cryptocurrency named "Epic." However, it was mentioned that the gaming giant Epic Games partnered with Disney to secure $1.5 billion in funding, which is unrelated to cryptocurrencies.

If you are looking for venture capital firms that invest in cryptocurrency or Web3 projects, here is some relevant information:

• HashKey Capital: An Asian asset management institution focused on investing in blockchain technology and digital assets, has invested in over 200 projects.
• Fenbushi Capital: The first venture capital firm in China that focuses on investing in blockchain technology-related enterprises, has participated in many significant infrastructure and application investments in the Ethereum ecosystem.
• SevenX Ventures: A rapidly growing, emerging star cryptocurrency investment fund in Asia; their investment style is “immersive investing,” providing comprehensive support to the projects they invest in.
• Dragonfly Capital: Mainly focuses on three investment directions: investing in new types of crypto asset management funds, investing in protocols and applications that could form the basis of a decentralised economy, and supporting tech startups that connect the decentralised and centralised worlds.

These institutions have invested in multiple Web3 and cryptocurrency projects, but there is no mention of investment in a cryptocurrency named "Epic."

4. How does epic work?

EPIC cryptocurrency has two different versions that need to be explained separately:

1. EPIC (Epic Cash):

2. Privacy and Decentralisation: EPIC is a privacy-centric cryptocurrency based on the Mimblewimble protocol, aimed at providing a more secure and private transaction experience.

3. Mining Algorithm: Utilises Proof of Work (PoW) based on challenge-solving, where miners validate their participation in the blockchain network by solving complex mathematical problems, earning new EPIC coins as rewards.

4. Blockchain Data Compression: The Mimblewimble protocol allows transaction information to be significantly compressed on the blockchain, enabling faster processing speeds and higher levels of anonymity.

5. Halving (ePIC): Sets a halving cycle every two years, where the amount of EPIC coins mined will be halved, aimed at maintaining the stability of the EPIC market supply.

6. EPIC (BTC Rune):

7. BTC Rune Token: EPIC is a meme coin minted and etched using the BTC rune protocol, launched on CoinEx on May 7, 2024.

8. Airdrop and Trading: Although Bitcoin runes are only airdropped to miners and wallet holders, regular cryptocurrency users can still trade them on various CEX and DEX platforms.

9. Purpose: To incentivise miners in the form of alternative assets, as the mining reward has reduced to 3.125 BTC after the fourth Bitcoin halving.

These two versions of EPIC cryptocurrency have different designs and purposes, requiring distinction based on the specific version.