Alpha Coin (APC) Price, Charts, and News | Coinbase: alpha coin, alpha games coin, alpha network coin

What Is Alpha Coin (APC)?

Alpha Coin is an open-source smart contract based on the Ethereum network with a unique script algorithm. This decentralized project aims to develop and update the mining fields of APC by utilizing less electrical energy and time. The plan is to calculate faster, stabilize the distributed notebooks, and save consumers and banks many secured items. This provides high security and protection to banks from upcoming pressure and unethical employee behavior.

According to the whitepaper, the project focuses on removing obstacles from mining like energy consumption and usage of time. Electricity used in mining operations is increasing excessively as large servers, machines, and computers require 24-hours mining. This leads to the huge electricity consumption that can cause global warming. However, there are various risks involved in the process, including:

Risks related to taxation: The tax accounting of the APC token is undetermined and may cause adverse tax consequences to its users.
Risks of the volatility of ETH: The value of ETH fluctuates by the factors like regulatory changes, market dynamics, and economic and political factors.
Risks related to loss of private key: The tokens are accessed only with authenticator and password, which can never be recovered if lost.
Risks associated with operation, development, and maintenance of the APC project.

APC is an ERC-20 token of the platform based on the Ethereum blockchain. The token is distributed in certain percentage among multiple categories, which are as follows: 30% token sale, 13% founders and management team, 20% reserve fund, 20% community and strategic partners, 9% Airdrop supply, and 8% partnership and advisory.

History of Alpha Coin (APC)

The Alpha Coin was launched in October 2018. The team consists of nineteen individual developers, sales, designers, and marketing experts and processes that operate on the system of APC.