Learned by 65 usersPublished on 2024.04.01 Last updated on 2024.10.15
Tokens
Epic Cash (EPIC) is a type of tokens, here is a basic introduction:
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.
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.
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:
These firms have invested in multiple Web3 and token projects, but none mentioned investments in tokens named "Epic."
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.