The current price of Crowd Machine (CMCT) is $ 0.00003246.
Crowd Machine (CMCT) is a digital cryptocurrency that operates on its own proprietary blockchain technology. It's based on the concept of empowering individuals and businesses in creating and managing decentralized applications at scale. The crowd machine is not just a cryptocurrency but also a suite of tools facilitating the development of software applications without the need for extensive coding knowledge.
Crowd Machine was created by Craig Sproule, the current CEO of Crowd Machine, an entrepreneur with a long history in enterprise software development. His primary aim was to revolutionize the traditional application development sector which may require months or even years to complete and make it more efficient for businesses.
Crowd Machine works on a unique model, combining the power of blockchain and its proprietary Crowd Computer. Users can develop applications using Crowd Machine's Crowd App Studio, a comprehensive app development tool allowing people with no coding experience to build advanced applications. The Crowd App Studio interacts with the Crowd Computer, a global decentralized app execution engine designed to execute blockchain-based smart contracts and decentralized applications.
Crowd Machine stands out as a unique project because it believes in breaking down barriers and democratizing the app development process. Its suite of tools enables anyone, regardless of their programming ability, to develop applications for business use or otherwise. By doing so, it aims to accelerate the adoption and development of newer apps across a spectrum of industries.
Crowd Machine employs innovative technologies like the Crowd Computer, a distributed network across several devices that form a global decentralized cloud. Crowd Machine Compute Tokens (CMCT) are essential for developers using the platform. Each application built and launched consumes CMCT tokens in proportion to the time spent in computation, thus ensuring transparent operations.
Currently, 1.6B CMCT tokens are in circulation.
CMCT is available for trading on multiple cryptocurrency exchanges. However, you should always strive to use the HitBTC, UPbit, IDEX list offered by the team behind the project, as it is the most updated and reliable source of exchanges where you can purchase the CMCT.
As Crowd Machine is a cryptocurrency, it is crucial to store it in a secure wallet. Hardware wallets are often touted as the safest, but software wallets on your smartphone or computer can also be safe, provided you use a secure Internet connection, use strong unique passwords, and have proper antivirus software. Make sure to always do your research to select a wallet compatible with CMCT and has a good track record of security.
It's not suitable to provide an investment opinion about any cryptocurrency, including Crowd Machine. The high volatility of the cryptocurrency market poses a risk, so it's highly recommended that before you invest, you should do thorough research, understand the technology and worthiness of the project in terms of innovation and sustainability, and perhaps consider consulting with a financial advisor. Remember, investing in cryptocurrencies should always be based on informed decisions, keeping in mind their riskiness. Never invest more than you can afford to lose, as the value of cryptocurrencies can significantly fluctuate.
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