The four most famous international exchanges:

Binance INTL	OKX INTL	Gate.io INTL	Huobi INTL
China Line　APP DL	China Line　APP DL	China Line　APP DL	China Line　APP DL

Note: The above exchange logo is the official website registration link, and the text is the APP download link.

ICO(Initial Coin
Offerings) have become popular this year due to their low threshold, high returns, and high liquidity. Although this new form of fundraising has broadened the ways for startups to raise funds, it also brings many risks - the project may fail, the low transparency of fund operations and potential fraud have laid the groundwork for investors. A time bomb.

With the issuance of tokens almost out of control, this time bomb finally exploded. The People's Bank of China, the Cyberspace Administration of China, the State Administration for Industry and Commerce of the Ministry of Industry and Information Technology, the China Banking Regulatory Commission, the China Securities Regulatory Commission, and the China Insurance Regulatory Commission jointly issued the "On Preventing Token Issuance" "Announcement on Financing Risks", ICO activities in China have also come to an end.

Since then, the cryptocurrency community has begun to focus on the development of Bitcoin, and Bitcoin expansion, a topic that has been unanswered for many years, has completely exploded.

August 1, 2017, Bitcoin
The Cash (BCH) blockchain successfully separated from the main chain at block 478559. The new cryptocurrency has a default block size of 8MB and can dynamically adjust the block size. Although it was born amid controversy and experienced several price surges and plummets, BCH is finally developing gradually and has won many supporters.

If BCH was born to meet the needs of large block enthusiasts and provide new options for the market, then the subsequent emergence of BTG (Bitcoin Gold), BCD (Bitcoin Diamond), SBTC (Super Bitcoin), etc. I really can't think of any excuse to justify them. In fact, you can search on coinmarketcap and find a lot of cryptocurrencies related to Bitcoin.

The SBTC project announced today has particularly attracted the attention of the community. super bitcoin with Li Xiaolai as chairman of the foundation
The team announced that it will implement a fork at height 498888 on December 17, begin technical experiments on BTC with zero-knowledge proofs, support Turing-complete smart contracts, and expand its blocks to 8MB.

The author lurked in various groups and observed it. The community is not optimistic about this project. Many people said that the original intention of "making bitcoin great again" will be ruined by these forked coins.

What the above projects have in common is that they are all forked chains of Bitcoin, so netizens joked that an interesting phenomenon emerged after ICO, namely IFO (Initial Fork).
Offerings). They generate new tokens by forking the Bitcoin blockchain, claiming that they can achieve functions superior to Bitcoin.

In my opinion, this is just a disguised form of token issuance and fund raising. This type of project has a low technical threshold, usually relies on Bitcoin, and is hyped under the banner of being "better than Bitcoin". To put it simply, in fact, you only need to create a new code base on GitHub to fork Bitcoin. A tutorial has been published on the Babbitt Forum... In addition, the initiator can DIY the project content at will, such as the inspection of SBTC It is easy to cause centralization problems if you click on the function. There may be exchanges that list such tokens, but it may only be for the purpose of speculation.

As for whether anyone is really willing to pay for it in the end, it depends on the final choice of the market, so there is no need to rush to get angry. Here I just want to tell you that speculation is risky, so remember to stay calm.