Question 1

Has the price of FirstBlood (1ST) increased today?

Accepted Answer

At the time of writing, the current price of FirstBlood (1ST) is A$ 2.92, showing a +10.67% change in the last 24 hours. It's crucial to keep in mind that cryptocurrency prices are highly volatile and may have increased significantly by the time you read this.

Question 2

What is FirstBlood (1ST)?

Accepted Answer

FirstBlood (1ST) is a digital cryptocurrency that operates on the Ethereum platform. It's an eSports platform that allows players to challenge each other and win rewards. This project aims to create a decentralized platform where eSports enthusiasts can play popular games, improve their skill sets, and get rewarded for their performance.

Question 3

Who created FirstBlood?

Accepted Answer

FirstBlood was co-founded by Marco Cuesta, Joe Zhou, and Anik Dang. These individuals have backgrounds in various sectors, including the financial industry and blockchain technology. Their goal was to leverage blockchain technology to reshape the landscape of eSports and provide a decentralized platform for competitive gaming and tournaments.

Question 4

How does FirstBlood work?

Accepted Answer

FirstBlood operates on a decentralized application (DApp) on the Ethereum network. Players can use 1ST tokens to participate in matches or tournaments. The platform uses smart contracts to automatically resolve game results without the need for a central authority. This removes the risk of manipulation and ensures transparency in all transactions and results.

Question 5

What makes FirstBlood unique?

Accepted Answer

A key aspect that makes FirstBlood stand out is its focus on eSports and gaming. Unlike other cryptocurrencies that are just a medium of exchange, 1ST is integrated within the platform, which gives it a value beyond speculation. This use case brings tangible value to the token by integrating it within an existing and growing industry. The platform also features a unique jury voting system to resolve disputes. Juries are randomly selected from users staking 1ST tokens. They review game evidence and vote on the resulting outcome, making it a uniquely participatory and decentralized system.

Question 6

What is the market ranking of FirstBlood?

Accepted Answer

Today, FirstBlood (1ST) ranks number #1 in terms of market capitalization, with a total value of A$ .

Question 7

How many FirstBlood tokens are currently in circulation?

Accepted Answer

At the time of writing, the circulating supply of FirstBlood (1ST) tokens is  out of a total supply of 93.5M tokens.

Question 8

What's the total trading volume of FirstBlood in the last 24 hours?

Accepted Answer

In the last 24 hours,  worth of FirstBlood (1ST) tokens have been traded across all exchanges.

Question 9

Can anyone mine FirstBlood?

Accepted Answer

No, FirstBlood (1ST) is an ERC-20 token on the Ethereum blockchain. Unlike cryptocurrencies like Bitcoin, it is not mineable. Tokens are created and distributed via a process known as minting.

Question 10

Where you can buy FirstBlood?

Accepted Answer

FirstBlood is available for trading on various cryptocurrency exchanges. As of today, you can buy FirstBlood (1ST) from HitBTC, IDEX, Bittrex among others.

Question 11

How to keep your FirstBlood (1ST) safe?

Accepted Answer

Cryptocurrency security is a serious matter and FirstBlood is no exception. It's advisable to store your 1ST tokens in a digital wallet rather than on an exchange. You should choose a wallet that suits your needs; for example a hardware wallet for long term storage or a software wallet for frequent transactions. Always remember to use strong, unique passwords, enable two-factor authentication, and keep your private keys offline. Making regular backups is also crucial.

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