HONG KONG, CHINA - Media OutReach - 28 September 2018 - Benefited from the blockchain consensusmechanism, the digital currency market realized an explosive growth in 2017,with its total market value surpassing USD 800 billion, the accumulated annualgrowth rate exceeding 3000%. However, 2018 saw the declining trend of digitalasset market, with its total market value plummeting below USD 220 billion.Such a dramatic change brings the question: Is this huge market an opportunityor a bubble?
Essenceof finance lies in circulation based on credit. The blockchain technologyfeaturing decentralization, traceability, non-alteration and openness isconducive to building a low-cost credit mechanism. The emerging finance marketbased on digital currency is booming.
As one major business of BihuEx Fundand backed by 500,000 BihuEx users, the registered users of Mars Digital AssetBank are expected to exceed 300,000 by the end of 2018, with its business scalesurpassing USD1.5 billion and profits up to USD18.65 million. To speed up itsdevelopment and meet capital requirements on technical security, globalpromotion, team building, license applying and provisions for banking turnover,Mars Digital Asset Bank plans to raise USD 9.5 million by releasing 8% of itstotal shares in the first phase of offering.
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