The concept of Tugo: It is actually the concept of cryptocurrency. Generally, the public believes that its hype significance is greater than its practical application significance.
1. Channels for investing in local dogs
1) Initial issuance by the project party, similar to ICO, IEO, IDO, etc.
2) Decentralized exchange. In the middle of the promotion, it will be launched on decentralized exchanges, such as the more famous uniswap; or in some wallets
3) Dogecoins listed on centralized exchanges have passed market certification and been reviewed by the exchange. The risks will be smaller than those of the first two channels; on the other hand, the benefits will not be as high as those of the previous two channels. huge.
Reasons why native dogs are concerned:
First, it has a lot of room for imagination. Getting rich is not a dream, as long as you invest early and run fast;
Second, it relies on the power of the community for transmission, has fast fission speed and great attraction;
Third, Tudog projects are all very good at marketing and packaging themselves in mature concepts.
Risks of native dogs: The biggest risk of native dogs is that there is a high possibility of thunderstorms, and it is easy to be buried if it runs slowly. The most common examples are hacker attacks, project team running away, contract loopholes, etc.
