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Bitcoin Cash Up As Original Chain’s Price Recedes

The fork of Bitcoin from August 2017 known as Bitcoin Cash (BCH) surged over 30% on Friday according to industry price analysts at Coinmarketcap. This corresponded with a marked drop in the price of the original Bitcoin’s (BTC) price to its lowest point since the start of November. Analysts are attributing the redistribution to the failed Segwit2x fork which was scheduled later this month. However, interestingly there seems a lack of consensus as to why traders are moving from BTC to BCH.

Some believe that it’s simply a matter of those traders who were holding Bitcoin to receive a dividend of new coins like what happened in August selling and moving back into various altcoins. Looking at the sea of green over Coinmarketcap immediately following the decision would suggest there’s a fair bit of truth in their opinion too. For them, part of the huge run up in price was caused by people buying in to get free coins. Now that there are no new coins, the money is flowing elsewhere. Chris Burniske, author of Cryptoassets: The Innovative Investor’s Guide to Bitcoin and Beyond believes this to be the case. He told CNBC:

You can see people playing back and forth between bitcoin and bitcoin cash trading depending on where they think near-term catalysts may be. It’s been a battle of investors versus traders that were stockpiling bitcoin to get their ‘bitcoin2x dividend’.

However, not all see it like this. There are some analysts who interpret the shift towards Bitcoin Cash as a belief in that version of the code, rather than the original – known in the industry as Bitcoin Core. For proponents of BCH like Roger Ver, the use of bigger blocks as a scaling method are closer to Satoshi Nakamoto’s original vision. Second layer scaling solutions like Segwit are not in line with the whitepaper which the mysterious Nakamoto published before disappearing early in the life of Bitcoin.

For those like director of XTB, Joshua Raymond, Segwit2x was an important step towards scaling the chain to be able to handle more transactions per second. More pragmatic than many of the hard coding, computer science-orientation anti-Segwit2x crowd, Raymond told Business Insider:

Everyone was hoping the Segwit2x would address this [transaction cost and time] but unfortunately, the delay due to a lack of consensus on the mechanics has affected confidence. Confidence on transaction speed in Bitcoin has deteriorated significantly in recent months. As Bitcoin Cash enjoys much faster transaction speeds, we have started to see a recycling of positions out of Bitcoin into Bitcoin Cash as a consequence.

For now, it’s unclear which interpretation of the numbers holds most truth. However, what is curious is that today, many alt coins like ETH and NEO are in the red as Bitcoin Cash moves higher. This casts doubt over the thesis that Bitcoin’s decline is simply down to people selling their BTC positions because there’s no longer a free dividend up for grabs. The negative growth of the rest of the market combined with the speed that BCH is rising suggests something more monumental might be afoot.

The post Bitcoin Cash Up As Original Chain’s Price Recedes appeared first on NEWSBTC.

Source: Science of Crypto
Bitcoin Cash Up As Original Chain’s Price Recedes

Esports Community Content Platform Announces Upcoming Token Sale

September 26, 2017, Berlin, Germany – Malta and Berlin-based esports community platform, the-esports.com, is pleased to announce the upcoming token sale for its blockchain service and content portal.

The Ethereum-based token, ERT, is geared towards the esports community and will power their one-stop service platform for game and hardware merchandise, in-game items, licensed betting, and exclusive, physical esports training university.

Speaking about the need for such a service, chief esports officer and co-founder Benjamin Föckersperger says:

“Never has there been a platform where gamers and fans can share, curate and enjoy cool content together, or even participate in and contribute to esports events. There will be a shop for your favourite esports team’s merchandise as well as hardware, chairs, coaching lessons, or betting on your favourite team. You decide which offers you want to participate in and which you don’t like. All our users can participate in creating content for those areas by writing guides or producing videos. They get paid in ERT for their contribution which can be cashed out from ERT to FIAT (i.e. traditional currency) through several exchanges or our site at the current value of ERT for that day and time.”

Esports: An Unprecedented Industry

The platform already has a strong market to build upon. The esports is one of the fastest growing industries in the world, with Slingshot reporting that the 2017 Mid Season Invitational brought in 364 million unique viewers online.

Phillip Geppert, CEO and co-founder of the platform, said these kinds of numbers are almost unheard of:

“Where one single event, the Mid Season Invitational in League of Legends attracted 364 million unique viewers. And this is just one event — there are dozens every year. These numbers are only matched by FIFA World Cup Games and the Super Bowl. Big brands and even well-known sport teams invest  into esports and the younger target group, which is very attractive for  almost every business out there.”

And with an audience like that, the esports betting industry is booming as well.

In 2016, the global volume for betting on esports exceeded 5 billion euros. In fact, the UK gambling authorities published a white paper on esports betting, which showed that 42 percent of the wagers placed on esports events were actually from female customers. This reflects a rare opportunity to create a product for a whole generation — free of the traditional marketing strategies that tend to focus on just one gender or age group.

Educating New Gamers

The platform aims to help both new and existing gamers navigate the various tournaments and their communities. They will also help improve their gameplay, share content with their teams, and prepare for them important tournaments.

Upon reaching the 20 million euro funding milestone in their push for 25 million euros, the company will open a physical esports center in Berlin. Any user may apply online for challenges held at the center, and possibly qualify to become a pro player in one of their CS:GO or LoL teams. They will also hold subscriber-only competitions and raffles for various prizes, including trips to live tournaments and opportunities to play with esports athletes.

Find out more at https://the-esports.com/

Media Contact

Contact Name: Marcel Thiess
Contact Email: marcel@anchor-point-marketing.com
Phone: +4917624708551
Location: Malta

Esports.com is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest.

The post Esports Community Content Platform Announces Upcoming Token Sale appeared first on Bitcoin PR Buzz.

Source: Bitcoin Press Releases
Esports Community Content Platform Announces Upcoming Token Sale

Lending App MicroMoney to raise $30Mln through an ICO in October, helping bring 2 Bln unbanked into The New Crypto-Economy

Myanmar – September 18, 2017 MicroMoney, a fintech institution from Eastern Asia, announces today its Initial Coin Offering set to launch on 18 October, 2017. The visionary company has big plans to transform the economy in emerging markets.

According to World Bank, 2 billions people around the world still don’t have a bank account. Unable to build credit, they lack access to basic financial services like personal loans and SME loans. This is a critical problem affecting local economies, especially in emerging countries like the Philippines, Thailand or Myanmar.

Micro-money offers a solution : helping people build their first credit history on the blockchain. It uses new technologies and Big Data to determine a person’s creditworthiness via an innovative neural scoring credit.

“We are proud of the fact that we can help people who have no access to the classical, but outdated centralized economy of bank” says Anton Dzyatkovsky, CEO and founder of MicroMoney

The company wants to lead the way towards to eliminating poverty with mobile and internet availability, along with financial inclusion. The founding team has a clear vision and set of goals following the ICO. Setting the sale hard-cap to $30 Mln, it plans to truly revolutionize the current economy situation in emerging countries around the world including regions Asia, Africa and South-America.

Anton Dzyatkovskii CEO and founder of MicroMoeny is also the lending director of Everest – a blockchain company with similar goals- where he has already raised 25M USD. With more than 15 years experience in the fintech industry and an extended understanding of the Asian market – Anton worked in Singapore and Thailand -. He is fully aware of what could be improve in those countries and believes strongly in changing the micro-industry.

TOKEN SALE

MMT Token price is locked to $1 dollar per MMT Token. Maximum quantity of 60,000,000 will be issued and all the unsold tokens will be destroyed after Token Crowdsale. Purchases will be possible on https://micromoney.io/

Token sale will start on October 18 2017. Pre-sale has already started on September 15 2017 with a 43% bonus on purchase during this period. Early investors will get bonuses as high as 25% bonus on day one.

MicroMoney for the people, Big Data for Businesses

The platform is already functioning in 5 countries and has helped a lot a people with modest resources. It has a large amount of feedback with gratitude. Data don’t lie, indeed, 73% of customers are returned customers for whom the platform opened brand new possibilities. 9 out of 10 customers got the first loan of their life!

It is important to note that behind its easy process lays a complex and sophisticated type of technology : Neural Scoring. Gathering more than 10 000 data from a person’s phone, algorithms can determine the creditworthiness of a person in a record-time of 15 sec. Smart contracts are now being developed to secure transactions within the platform.

Undeniably, with MicroMoney’s innovative Big Data & Credit History Bureau built on Blockchain, thousands of local Businesses will get access to millions of new customers.

“We’re developing a whole new ecosystem to power the New World Global Crypto Economy.” said CEO Anton Dzyatkovsky

Now, MicroMoney plans to expand to China, Hong Kong and by the end of 2020, the company aims to cover India, Africa and South America.

About MicroMoney

MicroMoney is a global FinTech company, focuses on Big Data platforms for banking and financial organizations and micro-financing in the money lending industry. MicroMoney began operations in 2015 and has developed into a fast-growing company with more than 200 employees across offices in Singapore, Thailand, Myanmar, and Cambodia. MicroMoney provides premium micro-financing services for lower income people, underbanked and unbanked customers in Asia.

Learn more about MicroMoney athttps://micromoney.io/
Read the whitepaper here: https://micromoney.io/MicroMoney_whitepaper.pdf
Follow on Twitter at@micromoneyio
Follow on Facebook at@micromoneymyanmar
Join the discussion on Telegramhttps://t.me/micromoneyico

Media Contact

Contact Name: Olga Rusakova
Contact Email: orusakova@micromoney.io
Company: MicroMoney

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Bitcoin PR Buzz has been proudly serving the PR and marketing needs of Bitcoin and digital currency tech start-ups for over 5 years. Get your own professional Bitcoin Press Release. Click here for more information about Bitcoin PR.

The post Lending App MicroMoney to raise $30Mln through an ICO in October, helping bring 2 Bln unbanked into The New Crypto-Economy appeared first on Bitcoin PR Buzz.

Source: Bitcoin Press Releases
Lending App MicroMoney to raise Mln through an ICO in October, helping bring 2 Bln unbanked into The New Crypto-Economy

Hacken: The First Decentralized Marketplace for White Hat Hackers

Bitcoin Press Release: Hacken, a cybersecurity marketplace for bug bounties launches pre-sale, starting September 18, 2017, with 30% bonuses for early contributors. For more information, visit https://hacken.io/.

September 22, 2017, Kyiv, Ukraine — Hacken, an innovative cryptocurrency platform focused on creating a cybersecurity ecosystem for hat hackers, has announced that the crowdsale for its HKN tokens will open to the public on October 12, 2017.

The pre-sale started on September 18 and will last until September 24. Pre-sale participants will get a 30 percent early bird bonus. If you believe in the future of Hacken, you will want to take advantage of this offer before it ends. You can find details on the pre-sale and the upcoming token sale at https://hacken.io/.

Strengthening the Cybersecurity and Cryptocurrency Industries With Hacken

Cybersecurity and cryptocurrencies are hot topics right now. According to CyberSeek, there are more than 348,000 open cybersecurity positions in 2017, and this number is set to hit 1.8 million by 2022. However, there is not enough supply to meet the high demand in the market, especially for penetration testing and bug bounty programs. Hacken plans to change that.

HackIT conference director and Hacken team member Vladimir Taratushka said:

“The ultimate goal of the Hacken ecosystem is to create a generation of hackers to whom what Oleksii did is entirely normal, the only acceptable life scenario.”

Hacken aims to meet that emerging demand, receiving recognition and early success for the team’s efforts. On September 19, Hacken won 2nd place out of 25 projects competing in the d10e ICO Pitch Challenge in Kyiv. The team won 33 BTC and earned more public attention, motivating them to produce more innovation and improvements. You can watch the Hacken pitch here: https://youtu.be/H5eg-9njErE.

Hacken Ecosystem

Hacken is building a sound, regional cyber defense system, tailormade for the blockchain. The platform is set to adjust itself to the cybersecurity challenges that will undoubtedly appear within the next decade. The company will use Blockchain technology and smart contracts to store product data, conduct research audits, and issue HackenProof Vulnerabilities and Countermeasures Certificates.

The Accelerator

The Hacken Accelerator is an initiative program started by Hacken in collaboration with 1991 Incubator. In the Accelerator, startups will be mentored by the pros of Ukrainian and global cybersecurity companies. The six-month program hopes to address the shortage of practice and piloting, as well as the sustainability of cyber startups in Ukraine.

HKN Token

Hacken Tokens can be used within the Hacken ecosystem to make new investments via Hacken Accelerator and orders via HackenProof Unreported Zero-Day Remuneration Platform and the Cybersecurity Analytics Center. Community members will also get rewarded in HKNs, which provides positive liquidity and low volatility.

The platform will mine a total of 20 million HKN tokens, which will be made available for sale at a price of $1.00 per HKN. Participants in the token sale can purchase them against BTC and ETH. For more details visit hacken.io.

Hacken CFO Dmytro Budorin, while commenting on the platform’s advantages, said:

“The alternative we are promoting is launching a legitimate business and halting being dependent on the Don who pays for petty dirty jobs. Boosting expertise in this area is a matter of survival for European countries.”

The Hacken Team

Bright leadership, together with strategic partnerships, will ensure the future success of Hacken. Its outstanding leadership includes:

  • Dmytro Budorin (CFO and Lead Manager of Hacken) — one of the top executives within Ukraine’s military defense industry and ACCA for Deloitte for eight years and Mykyta Knysh (Community Director).
  • Ambisafe — technical advisor is the technical advisor in the venture.
  • Oleksii Matiiasevych — EDCC architect at Ambisafe. Matiiasevych is directly involved with White Hat Hack activities. On July 19, 2017, Oleksii discovered a critical vulnerability during the Parity Ethereum wallet Attack and together with the White Hat Group, he ended up saving $1.4 million worth of ETH from the compromised wallets.

About Hacken

The goal of the Hacken ecosystem is to lay down a framework for creating a stable means of income and financial incentives for its members. It is designed to stimulate the emergence of a vibrant cybersecurity industry. The Hacken team’s mission is to develop a resourceful and ethical expert community. This goal falls directly in line with their broader vision to launch a global movement that will succeed in deterring and countering international cybercrime.

Learn more about Hacken athttps://hacken.io/
Follow Hacken on Twitter athttps://twitter.com/Hacken_io
Read the blog posts onhttps://medium.com/@hacken
Find Hacken on Facebook athttps://www.facebook.com/hacken.io
Join the Hacken Telegram group athttps://t.me/hackenio
Hacken BitcoinTalk threadhttps://bitcointalk.org/index.php?topic=2135278
Hacken Youtube channelhttps://www.youtube.com/channel/UCEQ4srOLODIzXWPrkug5bMg

Media Contact

Contact Name: Dmytro Budorin
Contact Email: dbudorin@gmail.com
Location: Kyiv, Ukraine

Hacken is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest.

About Bitcoin PR Buzz:

Bitcoin PR Buzz has been proudly serving the PR and marketing needs of Bitcoin and digital currency tech start-ups for over 5 years. Get your own professional Bitcoin Press Release. Click here for more information about Bitcoin PR.

The post Hacken: The First Decentralized Marketplace for White Hat Hackers appeared first on Bitcoin PR Buzz.

Source: Bitcoin Press Releases
Hacken: The First Decentralized Marketplace for White Hat Hackers

DARICO, A Cryptocurrency to Address Volatility, Illiquidity and Correlation Issues Plaguing the Cryptocurrency Market

Bitcoin Press Release:  Darico, a unique asset-backed cryptocurrency combines the goodness of the best reserves of both worlds – Bitcoin and Gold.

September 17, 2017, Zug, Switzerland- Darico is an exciting new concept quickly coming to life. The Switzerland based project is working towards becoming the first digital currency to combine the benefits of bitcoin’s growth potential, security and peace of mind offered by gold into a single cryptocurrency. The team, currently in the process of creating an entire “Investment ecosystem” is soon going to launch the crowdsale, offering an opportunity for people to become part of the new financial revolution.

The cryptocurrency Darico stands for “Decentralized, Asset-backed, Return-focused, Investment-grade Coin”. The cryptocurrency is backed by a unique combination of assets to potentially eliminate the volatility, otherwise associated with individual digital currencies like Bitcoin and others. By doing so, the virtual currency not only ensures the best interests of the coin holders, but also attracts more people to adopt Darico, and in turn digital currencies.

The multi-asset backed Darico is backed by a combination of Gold and Bitcoin, alongside Ether which further diversifies the reserves. Bitcoin and Gold reserves make up to 55% and 35% respectively. Bitcoin’s assure growth in value over time is combined with the rock-solid price stability exhibited by gold. A small percentage of Ether reserves ensures that Darico is future-proofed, thanks to the growth potential of Ethereum protocol as it gains wide-spread adoption in the decentralized blockchain solutions segment.

The Founder & CEO of Darico, Mojtaba Asadian said,

“Investors are more sophisticated now. They’re increasingly looking to alternative ways to diversify their portfolios with an aim to generate strong returns while reducing volatility, being backed by physical and digital assets (or bitcoin and gold), darico can address their need.”

The Darico project has received significant attention from the cryptocurrency community since the team started working on it a few months ago. The less than a year project will soon hold a crowdsale, scheduled for Q4 2017. Exact dates for the token sale will be announced soon.

The funds raised during the crowdsale will be utilized to procure assets necessary for building the reserves. The platform has set the maximum cap at 60 million coins for the crowdsale, which can be bought against BTC or ETH payments. Any unsold tokens following the crowdsale will be burnt to conserve the cryptocurrency’s value. Furthermore, an additional 180 million coins (240 million in total) will be distributed in the next 18 years through auto-mining.

The participants in the upcoming crowdsale will be entitled to the Darico Investors’ Genesis Account, allowing them to benefit from the darico coins mined by them. Those interested in participating in the crowdsale can find more information on the Darico website.

Learn more about Darico at http://darico.io
Find Darico whitepaper athttp://darico.io/Darico-Whitepaper.pdf
Follow Darico on Twitter athttps://twitter.com/daricocoin
Find Darico on Facebook athttps://www.facebook.com/Darico-1903067243290098/

Media Contact
Contact Name: Solange Basseterre
Contact Email: solange@darico.io
Location: Zug, Switzerland

Darico is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest.

About Bitcoin PR Buzz:

Bitcoin PR Buzz has been proudly serving the PR and marketing needs of Bitcoin and digital currency tech start-ups for over 5 years. Get your own professional Bitcoin Press Release. Click here for more information about Bitcoin PR.

The post DARICO, A Cryptocurrency to Address Volatility, Illiquidity and Correlation Issues Plaguing the Cryptocurrency Market appeared first on Bitcoin PR Buzz.

Source: Bitcoin Press Releases
DARICO, A Cryptocurrency to Address Volatility, Illiquidity and Correlation Issues Plaguing the Cryptocurrency Market

Bonpay Makes Adoption of Digital Payments Much Simpler

Bitcoin Press Release: Bonpay, the full-fledged cryptocurrency services company is on a mission to make financing swift, flexible and smooth.

September 21, 2017, London, UK – The cryptocurrency payment solutions company, Bonpay is in the process of making it easier for people to spend cryptocurrencies. The proverb, “spending is easier than earning” may hold good in case of fiat, but it isn’t the same when it comes to spending cryptocurrencies.

The cryptocurrency market has seen a lot of development in the recent days. However, the community is still faced with challenges when it comes to withdrawing and spending the crypto-assets. Even though a bright future is predicted for the likes of Bitcoin and Ethereum, no universal payment solution is supporting these digital currencies at the moment. Bonpay aims to change it, one step at a time.

The growing interest in cryptocurrencies has led to to the appearance of different fund withdrawal methods which included bank transfer, exchange to other e-currencies, or direct Bitcoin payment for goods and services. However, these methods have their own issues as the bank transfer and exchange to other e-currencies come with exorbitant fees and sluggish speeds while there aren’t many merchants who accept direct cryptocurrency payments either online or offline. But as with any other problem, even this one has a solution.

A market analysis indicates two widely used payment options, cash and credit cards. These two payment methods have achieved maximum market penetration. They can be used to pay for almost everything in places ranging from large supermarkets to small shops and even online portals. In cases where the cards are not accepted, people can always pay by cash withdrawn using the card from a nearby ATM.

The increasing adoption of Bitcoin and other altcoins followed by widespread usage of credit and debit cards has led to the creation of cards for Bitcoin withdrawals. The concept was initially implemented by Trailblazers, which came with high fees and poor support that left many people disappointed.

The Bonpay Cryptocurrency Card Solution

Bonpay Card is an ideal option to withdraw funds for cryptocurrency traders, miners, Internet marketers, webmasters, and freelancers. It can be used easily and quickly regardless of geographical and banking boundaries. In addition to these benefits, the Bonpay card also enables entrepreneurs to make payouts to their staff without bearing excess transaction fees, saving both time and money in the process.

Some of the current opportunities offered by Bonpay includes:

– Availability on any device with fully-functioning web-version

– Versatile replenishment options, including Bitcoin, Paypal, and international/local bank transfers

– Option to buy Bitcoin with Bonpay Card and with Paypal

– Possibility to store funds both in the wallet and on card

– Opportunity to order plastic/virtual cards in EUR/USD with additional currencies available in future.

Plastic card will allow ATM withdrawals across the world while the virtual ones reduce the risks associated with online transactions.

Laying Cards on the Table

In the past, multiple players have announced that they will be introducing Bitcoin cards with 0% fees. But to make good of their claims, they are yet to launch these products. Unlike them, Bonpay is laying cards on the table. The Bitcoin Card solution offered by the company is already live and has a defined fee structure in place. Bonpay has a zero-fee structure in place for money transfer within the system, along with a maximum of 1-2% Bitcoin conversion rate and ATM withdrawal limits set up to USD/EUR 60,000 at FX rate tending to 1.9% instead of usual 3% charged by similar services.

The Bonpay team is confident that a larger interested community will be a key factor in the success of its project. Being advanced users of cryptocurrencies, Bonpay team members have concentrated their skills into the product which was launched on the 1st of September. The first 500 subscribers already have an opportunity to order free card, which may warm up a direct interest among users. Subscribers stand to receive a Free Bonpay Card and enjoy all its advantages listed on the website.

Learn more about Bonpay athttps://bonpay.com
Follow Bonpay on Twitter at https://twitter.com/Bonpay_com
Find Bonpay on Facebook athttps://www.facebook.com/bonpaycom
Bonpay on LinkedInhttps://www.linkedin.com/company-beta/24782708/
Read Bonpay blog athttps://medium.com/@bonpay
Follow Bonpay’s YouTube channel athttps://medium.com/@bonpay

Media Contact
Contact Name: David Bel
Contact Email: pr@bonpay.com
Location: London, UK

Bonpay is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest

The post Bonpay Makes Adoption of Digital Payments Much Simpler appeared first on Bitcoin PR Buzz.

Source: Bitcoin Press Releases
Bonpay Makes Adoption of Digital Payments Much Simpler

Viuly Announces World’s First Decentralized Video Sharing Platform, Pre ICO 10th October 2017

Bitcoin Press Release: Viuly aims to change the multi-billion dollar market of online video through blockchain-based decentralization. Its revolutionary platform will reward authors, users and advertisers alike, while eliminating middlemen and access restrictions.

September 18, 2017 Zug, Switzerland – Multimedia development company Viuly is pleased to announce the world’s first blockchain-based decentralized video sharing platform. Founded by a team with established credentials in corporate management, blockchain business development, marketing, promotional strategy, and more, and backed by a seasoned fintech advisory: Viuly is on a mission to revolutionize the online video industry. To realise this vision, Viuly will launch a crowdsale, kicking off with a pre-ICO on October 10th, 2017. For more information on Viuly’s mission and development roadmap, visit the Viuly website  and read the official Viuly whitepaper here.

Today’s Global Video Sharing Industry

Each day, people worldwide watch hundreds of millions of videos shared on major hosting platforms such as Vimeo and YouTube. YouTube alone has more than 1 billion users – that’s a third of all people online.

It is a consumer-oriented industry that continues to grow, with video now accounting for two-thirds of all Internet traffic according to Cisco*. Research firm Forrester estimated that 1 minute of good video is worth $1.8 million in terms of marketing pull.

Advertising revenue for online video runs into hundreds of billions of dollars. Centralized video sharing platforms keep the lions share, taking from 50% to 60% of ad revenue. Simply put, authors earn a paltry sum for creating videos, while users get nothing.

Viuly’s Solution: Blockchain Based Decentralized Video Sharing

Viuly believes that it is time for a blockchain based, decentralized video sharing economy that rewards all participants. Through Viuly’s platform, authors are paid up to 65% of ad revenue and users are rewarded with 25%.

Viuly is the first video platform in the world to pay users to watch free videos.

Viuly’s blockchain based video sharing platform is fully decentralized and has no single point of failure. The platform is built on the IPFS protocol, which allows storing files in a distributed network without a shared control center. Anyone in the world can use the extra space on their hard disk to store videos uploaded to Viuly and be rewarded VIU tokens for this.

There are up to 4 possible income streams available for video uploaders. Content creators can publish free videos and receive VIU donations, earn 65% from the ad revenues, sell their premium content on a per-view basis, or make their video channel subscription based, where subscribers pay VIU tokens to access the authors videos. Up to 90% can be earned from pay-per-view, subscriptions, and donations.

With Viuly’s accurate, transparent and blockchain auditable viewer statistics, advertisers reduce fraud viewing. This translates to a more efficient marketing campaign.

Viuly users enjoy the freedoms of decentralization – zero censorship, zero content restriction, zero video blocking. If content is flagged as a potential violation of common standards by the community, an alert is sent to moderators, who are randomly selected from among users with the highest ratings on the platform. If a violation is confirmed, the video is deleted and the user rating is downgraded.

Introducing The Viuly (VIU) Token and Crowdsale

VIU tokens are the tool for transferring value between advertisers, content creators, users, and people supporting the network. It is an ERC20 token issued on the Ethereum protocol to enable full transparency of payments, anonymity and decentralization necessary for Viuly’s platform.

VIU’s prospects will be associated with the growth of Viuly’s user base, which will directly influence the turnover and demand for VIU tokens. A marketplace for goods and services on the platform will give intrinsic value to the tokens, as only VIU tokens will be used. As no new VIU tokens will ever be created, a persistent demand for a limited resource should result in a growing value.

Viuly will launch its alpha platform from September 25th where users will be able to test out some of its functions.

Until the 30th of October, new users will get welcome bonuses: 50 VIU for signing up, 100 VIU for uploading their first video, and 50 VIU for referrals who register and confirm their email address.

To continue the development and launch of the world’s first decentralized video sharing platform, Viuly will conduct two crowdsales. 550 million VIUs total will be up for sale at a rate of 2000 VIU per 1 ETH. A maximum of 30 million VIU will be sold with a 40% bonus during a 3-day Pre-ICO beginning on October 10th, 2017. This will be followed by the 10 day public ICO beginning on November 1st 2017, and ending on November 15th 2017.

The Team

Viuly benefits from the vast experience of its founding team, with specialists in corporate management, blockchain business, marketing development, promotional strategy and project development. It also relies on support from an established financial technology advisory.

Some of its key team members include:

Ruslan Popa, Founder and CEO

Ruslan Popa has more than 12 years of experience creating and managing IT start-ups. He has served as CEO of several payment service providers, including the likes of RuPay, Qiwi and Rompay Solutions. Popa has an excellent track record of producing quick results and high financial performance in the companies he managed. LinkedIn: linkedin.com/in/ruslanpopa

Silviya Martirosyan, CMO

Silviya Martirosyan built her reputation as a strong and creative leader, launching and promoting some 30 projects in retail, corporate and financial sectors both at federal and regional levels. Martirosyan comes with six years of experience directly managing a team of nine sector experts. With her background in business administration and strategic management, she brings strong communication skills and solid marketing acumen to Viuly. LinkedIn: linkedin.com/in/silviya-martirosyan-6b09b444

Aleksey Vasyanin, CDO

Aleksey Vasyanin spent more than a decade helping companies to create and structure their corporate profiles. As a project management expert, he helped create, structure and develop partner networks in a highly competitive telecom market. Skilled in e-commerce solutions, VAS services, financial planning and content production, Vasyanin also excelled at optimising business processes and personnel management. LinkedIn: https://www.linkedin.com/in/aleksey-vasyanin-54600048/

Yuriy Chayka, Advisor

Yury Chayka delves into his rich experience as an entrepreneur and investor to help develop Viuly’s vision. He is President of the Ukrainian E-business Association, ideologist and founder of Fintech Cluster.  He is also the founder of Ukraine’s first mobile wallet, MobiPay and co-founder and partner of fintech solutions provider Finovate Studio. He founded a slew of payment systems including RBKMoney, Autopay, Interkassa, MoneXy and mWallet. LinkedIn: https://www.linkedin.com/in/yuriychayka

Learn more on Viuly’s website: http://viuly.com
Read the Viuly Whitepaper: http://viuly.com/Viuly_Whitepaper.pdf
Chat with Viuly on Telegram: https://t.me/viulyofficial
Follow Viuly on Twitter: https://twitter.com/ViulyOfficial
Join Viuly on Slack: https://bit.ly/viuly-official
Like Viuly on Facebook: http://fb.me/viuly
Join the Viuly Reddit: https://reddit.com/r/viuly
Catch up with Viuly on Medium: https://medium.com/@Viuly
Viuly on Bitcointalk: https://bitcointalk.org/index.php?topic=2191252.0

Media Contact

Contact Name: Ruslan Popa
Contact: support@viuly.com
Location: Zug, Switzerland

*https://www.cisco.com/c/en/us/solutions/collateral/service-provider/visual-networking-index-vni/complete-white-paper-c11-481360.html

Viuly is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest.

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UTRUST Raises $3.5 Million For Blockchain Payments Platform, Public ICO in October

Bitcoin Press Release: UTRUST has raised $3.5 Million from early private investors and its sold out pre-ICO for its blockchain payments platform; announcing early supporter rewards for anyone who registers on the UTRUST website before September 20th.

September 17th, 2017, Zug, Switzerland: UTRUST is pleased to announce it has so far raised $3.5 Million USD in total, for the world‘s first Bitcoin and cryptocurrency payments platform with consumer protections. To express gratitude and to show how much they appreciate the enthusiasm of their supporters, UTRUST has decided to introduce an Early Supporter Reward.

Anyone who is already registered, or who registers on the UTRUST website before the 20th of September 2017, will receive a 20% reward on the first $10,000 contributed during the ICO. For example, if a supporter contributes $1,000, they will receive $1,200 of UTRUST tokens.

UTRUST CEO Nuno Correia, and co-founder Filipe Castro, CIO also hosted a live video streaming AMA event on the 15th September. Nuno, Filipe, and Artur the CTO answered many questions from the community. The full recorded live stream can be viewed here.

Last week, UTRUST also announced that a new public ICO date will be shared in early October, with a more equitable public ICO structure.

About UTRUST

UTRUST has currently raised $3.5 Million through private early investors and the sold out pre-ICO, with the public ICO to be announced in early October.

UTRUST is the world’s first cryptocurrency payments platform to implement consumer protections on a mass scale. The company is building a global PayPal–like payments platform with extensive cryptocurrency support.

UTRUST’s end goal is to provide all the benefits of fast, secure, convenient, and inexpensive cryptocurrency transactions, in tandem with the world’s first cryptocurrency payment protections, which consumers need to fully embrace blockchain technology en masse.

With 2.5 billion unbanked people in Emerging Markets yet to benefit from financial inclusion, UTRUST is also planning to build the bridge to enable the unbanked worldwide to access the mainstream global financial system.

UTRUST ICO and Tokens

UTRUST’s public ICO will be set in October. The company will use the collected funds to establish key industry partnerships and to develop the world’s first PayPal-like cryptocurrency payments platform. The ERC20 compatible tokens are created over the Ethereum protocol, and can be used as a means of payment on UTRUST’s payment gateway along with other cryptocurrencies.

UTRUST’s token can be used for making zero fee payments to the thousands of merchants accepting any cryptocurrency via UTRUST, and be traded against other currencies on supported exchange platforms.

UTRUST will allocate a certain portion of the revenues to buyback and destroy the tokens in circulation. Being a deflationary currency by design, the demand for UTRUST tokens will increase with time, which combined with buyback should lead to appreciation in its market value.

To learn more about UTRUST’s ICO please go to: https://utrust.io/ico

The Team

UTRUST is backed by a highly experienced team from various sectors including corporate management, startups, payments, cryptocurrency development, law, finance, and computer science. Some of the prominent members of the team include:

Nuno Correia, CEO

Nuno Correia is an early cryptocurrency investor who has been involved in the cryptomarkets since the beginning of 2011. Having founded multiple B2C businesses in the past, Correia has a background in Law and Marketing, and his passion lies in transforming the future of digital payments.

Filipe Castro, CIO

Filipe Castro holds a business degree from MSENG and is passionate about disruptive technologies. He has experience developing electronic payment systems and other software solutions during the early days of his career. Castro is engaged in business development and strategic development of new ventures.

Artur Goulão, CTO

Artur Goulão comes with previous experience in the payments industry. He has previously donned the role of a CTO in one of leading digital payment platform and is currently serving as the Head of Development at a Swiss-based Cybersecurity company. With a background in computer science from IST and MIT, Goulão is well-acquainted with both classical and blockchain smart contract based approach.

Roberto Machado, CPO

Founder and Product Manager at several startups prior to UTRUST, he has been leading different teams to build highly-reliable software products, with a focus on the end user experience. Previously, he has worked together with major international companies such as AT&T, Betfair, Airtel, and Uphold, being responsible for the vision outline, goals and product strategy of solutions used by millions of users.

Other significant team members include Luis Ferreira as Head of Engineering; Laura Esteves as Head of Operations; Joao Ferreira as Head of Design; Nick Olender as Head of Sales and Partnerships; and Francisco Baila as Product Designer. UTRUST has a team of software engineers like Miguel Palhas, Gabriel Poca, Ronaldo Sousa, Fernando Mendes, Bruno Azevedo, Pedro Costa, and Joao Justo.

UTRUST’s diverse advisory team includes Francisco Maia, Francisco Cruz, Joao Paulo, Sergio Viana, Marc Howland, David Dryan, Daniel Pierce and Sascha Benz.

Learn more about UTRUST: https://utrust.io
Read the UTRUST Whitepaper: https://s3-eu-west-1.amazonaws.com/utrust/UTRUST-whitepaper-v1.0.1.pdf
Learn more about UTRUST’s ICO: https://utrust.io/ico
Follow UTRUST on Twitter: https://twitter.com/UTRUST_Official
Join UTRUST on Facebook: https://www.facebook.com/utrust.io/
Join the UTRUST Slack conversation: https://utrust-official.slack.com/
Join UTRUST on Telegram at: https://t.me/utrustofficial
Read UTRUST’s posts on Medium: https://medium.com/@UTRUST

Media Contact

Contact Name: Nuno Correia, UTRUST CEO
Contact Email: nuno@utrust.io
Contact Phone: +41 22 518 70 77
Location: Zug, Switzerland

Watch UTRUST‘s new video here:

 

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Bitcoin PR Buzz has been proudly serving the PR and marketing needs of Bitcoin and digital currency tech start-ups for over 5 years. Get your own professional Bitcoin Press Release. Click here for more information about Bitcoin PR.

The post UTRUST Raises $3.5 Million For Blockchain Payments Platform, Public ICO in October appeared first on Bitcoin PR Buzz.

Source: Science of Crypto
UTRUST Raises .5 Million For Blockchain Payments Platform, Public ICO in October