JUMBUCKS LEADS THE DIGITALFX REVOLUTION AMONGST DIGITAL CURRENCIES

The time has come to once again look at some altcoins we have yet to discuss. Jumbucks is one of those coins which I had planned to write about ages ago, but never got around to doing so for some odd reason. Let’s see what JBS brings to the altcoin table!
Introduction
While the name Jumbucks is fairly new, lost of you might know it under its previous name CoinMarketCoin. This rebranding took place on October 23rd, even though CoinMarketCoin was a great success in regards to being an educational tool for the altcoin trading community.
By creating a new coin with a fair launch, no need for an IPO or ICO, no pre-mine and no coins going into a hidden developer fund, CoinMarketCoin immediately grabbed the attention of true crypto enthusiasts.
However, as great as the CoinMarketCoin launch was, the world of digital currency and altcoins keeps involving at a rapid pace. The JBS (Yes, I know it’s called CoinMarketCoin, the ticker on exchanges was JBS) developer acknowledged the need for building up ample infrastructure in order to support the network and bringing additional value to the coin itself.
The transition to Jumbucks allowed the price ticker to be the same (JBS) while giving Jumbucks an entirely different purpose compared to CoinMarketCoin. For those of you wondering where the Jumbucks name comes from, it’s a combination of the developer’s Australian descent and ‘buck’, which is a term indicating everyday currency.

This post was published at Crypto Articles on JP Buntinx/ November 10, 2014.