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Breaking News: SoftBank, Ark Invest Among Potential Investors In Tether's $15 Billion Funding Round

Litecoin Takes Important Steps towards Branding; Launches Website

Yashu Gola
Yashu Gola
1 year ago
2 mins read

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The Litecoin Association recently announced the launch of their brand new website litecoin.com.

The announcement comes at a time when the silver cryptocurrency is losing its shine before the overly polished Bitcoin market. For over a year, the Litecoin market is tailing the latter in absence of any influential marketing gimmick of its own. It has previously concerned many of its followers that also hinted to move towards other development-oriented cryptocurrencies like Darkcoin if Litecoin promises no future.

litecoin branding new website

The new website therefore is striving towards reaching new users every day and informs them about the innumerable benefits for using a simple cryptocurrency like Litecoin. “Created in order to help the general populace both inside and outside of the cryptocurrency eco-system, the site is a single location to enable the adoption of Litecoin,” the press release further elaborates. “This achievement further solidifies Litecoin’s place as a leading cryptocurrency.”

But Litecoin is not the only one that is taking its branding too seriously. Just a few days back, the Darkcoin team also rebranded itself to Digital Dash, a step taken to shed away its cryptocurrency-for-dark-markets image. This is clearly a sign that explains how Darkcoin is preferring to take a legal route towards better merchant and user adoption. It has already been given accolades for better-than-anybody’s development, and therefore poses a direct risk to Litecoin’s position whose creator once commented that developments are gimmicks.

The mood is shifting now.

Litecoin Association member Andrew Vegetabile, popularly known as The Real Mage, recently counter-stated Charlie Lee by mentioning their interests in developing new applications for Litecoin ecosystem and network. His comments however came after Coinbase CEO Brian Armstrong called altcoins a distraction that eventually made him challenge the man for a public debate.

With some luck, we will be encountering Litecoin getting indulged in new development schemes after all. It is a better way to stay in the game while, at the same time, to be more than just a transaction medium — a technology, perhaps.

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Yashu Gola
Yashu Gola

Yashu Gola

Yashu Gola is a Mumbai-based finance journalist. He is profoundly active in the bitcoin space since 2014 – and has contributed to several cryptocurrency media outlets, including NewsBTC, FxDailyReport, Bitcoinist, and CCN.

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Academically, Yashu holds a bachelor's in information technology, with majors in data structures and C++ programming language. He has also won the 'Atulya Award' for his efforts towards raising $100,000 for an India-based farming project.

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Comments 3

  1. Kien H. Bui says:
    11 years ago

    Dash has many innovations that make it anonymous like cash but still very fast. I think Litecoin has no change to follow Dash.

    Reply
  2. inpips says:
    11 years ago

    If Bitcoin is Gold Litecoin is Fools Gold not Silver. All the alt coins are a waste of time other than R&D for the Bitcoin protocol.

    Reply
  3. ThanksCryptoDevs says:
    11 years ago

    happy to see some competition for 2nd place. LTC needed a little kick in the ass but I’m a holder of BTC/LTC/DRK. Got faith that these 3 will take on the challenge of moving us all forward.

    Reply

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Comments 3

  1. Kien H. Bui says:
    11 years ago

    Dash has many innovations that make it anonymous like cash but still very fast. I think Litecoin has no change to follow Dash.

    Reply
  2. inpips says:
    11 years ago

    If Bitcoin is Gold Litecoin is Fools Gold not Silver. All the alt coins are a waste of time other than R&D for the Bitcoin protocol.

    Reply
  3. ThanksCryptoDevs says:
    11 years ago

    happy to see some competition for 2nd place. LTC needed a little kick in the ass but I’m a holder of BTC/LTC/DRK. Got faith that these 3 will take on the challenge of moving us all forward.

    Reply

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

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