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Evolve Markets Makes It Possible to Trade a Range of Assets Using Bitcoin

Bitcoin Press Release: Evolve Markets allows Bitcoin users to trade a range of commodities on a highly secure trading platform.

March 13, 2017, Saint Vincent and the Grenadines – Evolve Markets offers Bitcoin community members a chance to trade a variety of traditional assets including Forex, Commodities, Indices and even Cryptocurrencies with Bitcoin. The highly secure platform, known for its latest state-of-the-art security measures connects independent traders to the potential of global financial assets while using Bitcoin payment protocol.

Evolve Markets aims to provide an easy-to-use trading platform to the cryptocurrency community so that they can get the best out of the market. Users registering on Evolve Markets can start trading in no time by funding their accounts with the popular digital currency. Armed with a Bitcoin-funded account, traders can access the most liquid global markets and execute profitable trades. The platform maintains account balances in Bitcoin, which a user can withdraw at any time without paying withdrawal fees.

Evolve Markets is a feature rich platform with powerful financial tools, institutional liquidity, and high-end Tier 4 institutional infrastructure. Some of the features include instant account approval, deposits tradable in minutes, Bitcoin BIT base currency accounts, up to 1:500 leverage, MetaTrader WebTrader, and negative balance protection.

Evolve Markets takes the security of funds, user information, and data very seriously. Learning from the experiences of other trading platforms in the cryptocurrency industry, which were hacked in the recent times, the platform ensures that all incoming Bitcoin deposits from its traders are stored in cold storage. Even the Bitcoin withdrawals on the platform are managed manually to prevent any attacks or unexpected machine errors by manually verifying and executing each request. Other additional security measures include database encryption across multiple layers and two-factor authentication using MetaTrader 4 Password or Google Authenticator.

The platform also has an attractive affiliate structure, encouraging traders to refer Evolve Markets to their peers. The Evolve Markets Affiliate and Introducing Broker programs give users an opportunity to earn a substantial ongoing commission for every trade executed by those referred by them. The “lifelong” commission is paid in Bitcoin directly to the referrer’s MetaTrader account. Evolve Markets also provides affiliate link and commission tracking feature to maintain a transparent structure that will allow traders to track the commissions earned from their referrals.

Evolve Markets will continue to work on adding more features to the platform. Meanwhile, Bitcoin and trading community members can access the platform and start trading here.

About Evolve Markets

Evolve Markets is a privately-owned IBC in Saint Vincent and the Grenadines. The trading platform specializes only in Bitcoin-denominated accounts and adopts a Straight Through Processing (STP) execution model. The tradable financial assets supported on the platform includes forex, commodities, indices and cryptocurrencies.

Learn more about Evolve Markets at – https://evolve.markets
Register on Evolve Markets – https://clients.evolve.markets/join/
Learn more about Evolve Markets affiliate program at – https://evolve.markets/about/partners/

Media Contact

Contact Name: Peter Spyro, Managing Director
Contact Email: ps@evolve.markets
Company: Evolve Markets LTD
Location: Kingstown, St. Vincent and the Grenadines

Evolve Markets 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 Evolve Markets Makes It Possible to Trade a Range of Assets Using Bitcoin appeared first on Bitcoin PR Buzz.

Source: Bitcoin Press Releases
Evolve Markets Makes It Possible to Trade a Range of Assets Using Bitcoin

Internet of Coins Launches Hybrid Asset on Multiple Blockchains

Bitcoin Press Release: Internet of Coins announces the launch of “hybrid asset”, a multi-blockchain token. Crowdsale goes live on March 21, 2017.

March 13, 2017, Netherlands – Internet of Coins, a non-profit cryptocurrency technology development organization has announced the launch of “Hybrid Asset”, an inter-systemic, cross blockchain token. Currently, under development, the asset enables transfer of value between ledger systems without needing any update or adaptation of the existing cryptocurrency source code.

As a part of its initiative, the organization has announced an upcoming Internet of Coins crowdsale on March 21, 2017. The platform has early bird options in place for investors interested in receiving a 5% discount during the crowdsale. They can avail more details about it by contacting the organization on its website.

The Internet of Coins team presented a live demonstration of the transactional operating system and the graphical user interface that powers the novel hybrid asset blockchain technology. The presentation on Bitcoin Wednesday at A-Lab in Amsterdam was well received by the cryptocurrency community and industry peers.

The development team has been working relentlessly on the project codes since the launch of its whitepaper in 2014. They recently announced Coinstorm, the project launch campaign. Through Coinstorm, Internet of Coins is encouraging a revolutionary collaboration among cryptocurrency enthusiasts to decentralize the alternative economy scene further.

The founder of Internet of Coins, Joachim de Koning said,

“Our goal is to create a coherent whole out of the decentralized economy initiatives we see today. There are more than a few decentralized exchange initiatives out there that we are bonding together to form a decentralized financial web.”

Internet of Coins’ hybrid asset functions as a dynamic portfolio, spreading the risk from holding value on a single blockchain to storing it on multiple chains. It diversifies the technical and economic risks over multiple value systems housing the assets. Designed with a strong meta-level approach, the hybrid asset offers safety from cryptocurrency volatility and blockchain failures by providing a new vehicle for value storage.

The co-founder of Internet of Coins, Robert de Groot describing the project’s aim said,

“With this system, we aim to make everyone an exchange, to take away the risks of trusting a centralized third party and to connect alternative economies across geographical borders. Exchanging value should become as easy as swapping files; we aim for Internet of Coins to become the Bittorrent of cryptocurrencies and asset systems.”

The founders of Internet of Coins expect the hybrid asset distribution to lead to an increase in liquidity on decentralized exchanges while ensuring interconnectivity between different cryptocurrency systems with their own values and beliefs about what decentralized value is and how it should work.

About Internet of Coins

Internet of Coins is a not for profit initiative created to maintain decentralization of cryptocurrency infrastructure by allowing cross-compatibility of digital assets between blockchains. The organization aims to enable the free and unlimited exchange of value among blockchain-based systems and other financial systems.

Learn more about Internet of Coins at – https://internetofcoins.org
Know more about Coinstorm – https://coinstorm.net
Internet of Coins whitepaper – https://internetofcoins.org/public/uploads/whitepaper_ioc.pdf
Watch the Internet of Coins project presentation on YouTube – https://youtu.be/4hucm3y4sms

Media Contact

Contact Name: Robert de Groot
Contact Email: info@internetofcoins.org
Location: De Klomp, Netherlands

Internet of Coins 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 Internet of Coins Launches Hybrid Asset on Multiple Blockchains appeared first on Bitcoin PR Buzz.

Source: Bitcoin Press Releases
Internet of Coins Launches Hybrid Asset on Multiple Blockchains

PlayAmo Makes an Entry into the Bitcoin Market with a €2.5 Million Investment

Bitcoin Press Release: The online casino platform, PlayAmo invests €2.5 Million to tap into the Bitcoin market, offers attractive promotions and payouts.

March 10, 2017, Nicosia, Cyprus – PlayAmo, a popular online casino platform trusted by many in Sweden, Norway, Turkey, and Russia has entered the cryptocurrency gambling segment. The platform has made a significant €2.5 Million investment to expand its services to include Bitcoin payments while offering attractive promotions and bonuses.

PlayAmo has found the use of Bitcoin and blockchain technology in online gaming attractive. The platform, for the benefit of its existing users and cryptocurrency community members, has decided to enter the Bitcoin market. PlayAmo also plans to extend the use of blockchain technology to its current player base.

The Commercial Director of PlayAmo, Angela Sacco, explaining the platform’s decision to enter the Bitcoin market said,

“First time we heard about Bitcoin market was at a gambling conference in Amsterdam. We were quite shocked to know about the huge market size and realized how poor the competition is. Our goals are tremendous and that is why our partners invested more than €2.5 million in this market. The biggest part of this money goes to promotions for our members and guarantees of payments for high rollers. We are going to become trustful partners, same as we are in Sweden and other countries where we work.”

PlayAmo has been in the online casino business since 2015. With over 80,000 registered players, the platform has a steadily growing user base. It is known for the exciting promotions. As of March 2017, PlayAmo users can take part in the €30,000 NetEnt Spring Challenge competition and the automatic VIP system that offers a Ferrari as the main gift. They can also avail generous bonus packages.

The entry into Bitcoin market has allowed PlayAmo to open its doors for an entirely new segment of players. The cryptocurrency community can now wager on an attractive casino platform and benefit from the exciting gifts, promotions, and bonuses offered by PlayAmo.

About PlayAmo

Launched in 2015, PlayAmo one of the leading online gambling platforms created by experienced casino players and enthusiasts. The high-end casino platform offers games from some of the best developers in the industry.

Learn more about PlayAmo at – https://www.playamo.com/

Media Contact

Contact Name: Dan
Contact Email: dan@playamo.com
Location: Nicosia, Cyprus

PlayAmo 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 2 years. Get your own professional Bitcoin and digital currency Press Release. Click here for more information.

The post PlayAmo Makes an Entry into the Bitcoin Market with a €2.5 Million Investment appeared first on Bitcoin PR Buzz.

Source: Bitcoin Press Releases
PlayAmo Makes an Entry into the Bitcoin Market with a €2.5 Million Investment

DAO.Casino Announces Blockchain Based Decentralized Ethereum Gambling Ecosystem

Bitcoin Press Release: DAO.Casino’s Ethereum blockchain based platform ensures safe, secure and profitable gaming experience while rewarding active participation.

March 10, 2017 – DAO.Casino’s Ethereum smart contracts based software expresses a practical business logic to support the growth of a fair and sustainable gaming and gambling industry. It offers a unique socio-technical protocol, which creates a fine balance between the platform’s usability and its autonomous economic infrastructure.

DAO.Casino, with its decentralized business model, creates a democratized gambling platform where everyone involved, irrespective of the designation, are recognized and rewarded for their contribution. The platform has tentatively scheduled the release for April 2017.

Be it players, developers or investors, DAO.Casino has a lot of offer to each one of its associates.

Business Model

DAO.Casino’s decentralized business model means that the project’s developers are as much as same as anybody who brings value to their platform. That’s the beauty of the system: it appreciates the participants and rewards them likewise.

DAO.Casino’s code is administered by mathematics — a cryptographically verifiable Ethereum powered code that automatically distributes funds amongst all the participants who bring value: developers, referrers, and random number providers.

Ilya Tarutov, the CEO of DAO.Casino explaining the choice of Ethereum protocol said,

“There are ways of providing a much better experience for the players and the game devs while creating a sustainable business model that scales. Ethereum provides a very useful technology to achieve this.”

For the Players

The existing gaming and gambling infrastructure is hugely rigged, and players have turned out to be the biggest victims of unfair betting outcomes. There is no such thing as a trusted third party as each gaming service, at some point in time manipulates the results to suit their business models. And the saddest part is the inability of players to call/prove the bluff, because the betting outcomes are calculated behind the curtains.

So, the first and the foremost thing DAO.Casino focuses on is usability. With usability, the platform wants to provide a perfect mixture of straightforward user-experience, provable fairness, and higher payouts.

To sum it up, these are some of the benefits users can receive by using DAO.Casino:

  • Straightforward UX
  • Discover unlimited provably fair indie gambling games
  • Choose the most suitable UI
  • Get higher payouts
  • Take part in a potentially largest lottery on Ethereum

For the Game Developers

DAO.Casino wants to eliminate a developer’s need to rely on closed-source gaming markets, where s/he hardly has any rights to monetise their work, raise funds for development or expect to bankroll without paying hefty commissions.

With its focus on offering a sustainable, attack-resistant platform, DAO.Casino offers a safe and thriving environment to developers in which they can build games freely, raise funds and bankroll without needing to rely on centralized models. So, with the platform, developers get to receive:

  • Scalable P2P marketplace
  • P2P referral system support
  • Possibility of raising funds for the bankroll
  • Build own Casino (front-end)
  • Verifiably genuine RNG provided by DAO.Casino
  • Retain the intellectual property

For the Token Holders

DAO.Casino token holders don’t just hold tokens under their mattress. Any member of the DAO.Casino can contribute & get rewarded for their active engagement. They can,

  • Invest token in any game’s bankroll and earn % from the game profits
  • Become a referrer & help players with platform discovery
  • Become providers of random numbers used by games.

DAO.Casino tentative first release is in April 2017.

Project Features

Resilient: Tokens are distributed amongst many contracts.
Fair distribution: Reward system is transparent & automatic (not controlled by a central authority).
Open & Extensible: Anyone can add a game or run their own casino UI.
Sustainable: Maintained by many participants.

Token Features

  • In-game currency – A native token to speed up transactions within the house
  • Random Number – Token holders can become providers of random numbers used by games.
  • Bankroll backing – Token holder can back any game of choice

Coming soon

During the month of March, DAO.Casino will be publishing:

  • A detailed system architecture
  • Token distribution & functionality details
  • Detailed description of RNG
  • Initial Solidity contracts
  • Security audit results

With its ethos and dedication to providing a provably fair, user-friendly experience DAO.Casino looks forward to creating a great future business for players and programmers alike.

About DAO.Casino

DAO.Casino is an open ecosystem for gambling games that doesn’t rely on a trusted third party. Its decentralized governance system built on Ethereum offers rewards to developers, security auditors, and community members for their contribution to the platform where players can discover and play scam-free games with a straightforward user interface.

Learn more about DAO.Casino at – https://dao.casino/
Visit DAO.Casino’s blog – https://medium.com/@dao.casino
Follow DAO.Casino on Twitter at – https://twitter.com/daocasino

Media Contact

Contact Name: Ilya Tarutov
Contact Designation: CEO, DAO.Casino
Contact Email: team@dao.casino

DAO.Casino 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 2 years. Get your own professional Bitcoin and digital currency Press Release. Click here for more information.

The post DAO.Casino Announces Blockchain Based Decentralized Ethereum Gambling Ecosystem appeared first on Bitcoin PR Buzz.

Source: Bitcoin Press Releases
DAO.Casino Announces Blockchain Based Decentralized Ethereum Gambling Ecosystem

ARK Mainnet Goes Live on March 21, 2017, Token Distribution to Follow

Bitcoin Press Release: ARK blockchain ecosystem gears up for the mainnet (main blockchain) launch on March 21, 2017.

March 9, 2017, France – The blockchain ecosystem, ARK proudly announces the launch of its mainnet — the ARK blockchain on Tuesday, March 21, 2017. Along with the genesis block, the platform will also generate all the ARK tokens for distribution amongst the Token Exchange Campaign (TEC) participants.

A result of few months of extensive coding and testing, the mainnet launch will mark a major accomplishment for both the ARK Crew and ARK Community. The team behind the development of mainnet prioritized core’s stability over the speed of delivery to ensure a flawless, efficient system. ARK Crew expresses its gratitude to the understanding community that has been supporting them all along.

Once the genesis block is created on March 21, 2017, at 19:00 UTC, the crowd sale participants will be able to visit http://tec.ark.io/ to claim their ARK tokens. They can start withdrawing the tokens into their personal ARK wallets or addresses. ARK TEC participants and community members can also download an updated version of the ARK personal desktop wallet from the website before March 21st. At the same time, ARK insists existing wallet users to upgrade their ARK wallets to the latest mainnet version before launch.

The ARK Crew will soon start adding bounties to the Token Exchange website or manually process them after the mainnet launch, ensuring ample time for verifying the network before distribution. ARK will make the exchanges available to the community during the initial launch period. While additional details about the exchanges are limited at this time, the platform will soon update more information on its Slack Chat and official blog during the mainnet launch.

About ARK

A new decentralized digital asset token, ARK is based on a much-advanced blockchain technology and is meant for mass consumer adoption. ARK, with its extensive capabilities, incorporates some of the best features like SmartBridge Technology, allowing it to communicate with other blockchains. It uses Encoded Listeners that listens for any communication sent via the ARK SmartBridge vendor fields inserted as small code snippets by participating blockchains. The SmartBridge can be utilized by other coins like Bitcoin, Ethereum, and even SmartBridge Apps.

ARK is the first Delegated Proof of Stake (DPoS) consensus based cryptotoken, with initial upgrades like HD (Hierarchical Deterministic) Wallets. ARK has made significant improvements to its DPoS algorithm and the Lisk codebase from which it was forked.

ARK Updates

Significant upgrades made to ARK ecosystem includes the replacement of sidechains with SmartBridge, removal of custom node version, UI (for stability and security reasons), changes in constants like block time, block rewards, etc.

ARK now adds simple PBFT before forging a new block. It has also made some changes to the address format, keeping it close to the Bitcoin type addressing format while enabling HD Wallet (as per BIP32) functionality. Other changes include completely rewritten node management (using single Node-Manager and messaging system), forging round management (removal of mem-round, reward block fee to forger – zero delay reward) and an addition of 64 bytes Vendor Field as the first SmartBridge iteration.

In-memory Peer management processing for improved efficiency, strengthened transaction management and broadcast core functionality, division of relay nodes and forging nodes, modified nodes broadcast pattern for improved transaction speeds and SPV support for lite clients are some of the other additional updates included in the mainnet.

Once the ARK mainnet is launched, the platform intends to add IPFS as first class citizen (using SmartBridge addressing), improve the protocol (uncle forging, voting weights), remove unsecure APIs and create routing tables.

The ARK network is secured by 51 delegate nodes, chosen by a voting process involving public votes with ARK tokens. Each ARK token containing wallet will be eligible to cast one vote during the launch. However, once the mainnet starts operating smoothly, the voting mechanism will change to support multiple votes per wallet.

Approximately one week after the mainnet launch, ARK will introduce Community Forging at block 75,600, allowing anyone to run a forging node by making use of the ARK Commander Node installer and monitoring tool (instructions available on the blog). ARK has successfully tested 25 transactions per second, with 8 second block times on its testnet. However, the newly launched mainnet will be hard coded for 5 TPS, to be scaled on demand.

ARK once again expresses its gratitude to the community and ARK TEC participants for making the initiative possible. It invites people to submit their queries, support requests, and suggestions on the official ARK Slack channel.

Learn more about ARK at – http://ark.io/
Access ARK whitepaper at – https://ark.io/whitepaper
ARK on Bitcoin Talk – https://bitcointalk.org/index.php?topic=1649695.0
ARK on GitHub – https://www.github.com/ArkEcosystem
Learn more about SmartBridge at – https://www.smithandcrown.com/ark-smartbridging-blockchains/

ARK Crew Interviews

Managing Director – http://thebitcoinpodcast.com/episode-102/
Managing Director and Lead Developer – https://youtu.be/VnES7nR-MEY
Managing Director and Board Member – https://soundcloud.com/errorbytrial/blockchain-dynamics-episode-42-12182016

Media Contact

Contact Name: Travis Walker
Contact Email: pr@ark.io
Location: France

ARK 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 2 years. Get your own professional Bitcoin and digital currency Press Release. Click here for more information.

The post ARK Mainnet Goes Live on March 21, 2017, Token Distribution to Follow appeared first on Bitcoin PR Buzz.

Source: Bitcoin Press Releases
ARK Mainnet Goes Live on March 21, 2017, Token Distribution to Follow

Oshi Bitcoin Casino Launches Revolutionary Custom Bonus Feature

Bitcoin Press Release: Oshi Bitcoin Casino now allows players to customize in-game spins and bonuses with its new bonus feature “Build Your Bonus”.

March 8, 2017, Curacao – Oshi Casino has announced their exclusive personalized bonus system. The “Build Your Bonus” system offers players a unique betting experience by enabling them to modify both the number of in-game spins and the bonus percentages.

The new feature, launched on January 31, 2017, doesn’t force the players to stick to generic bonus settings. The “Build Your Bonus” feature lets new players utilize custom dials to choose a balance between 500 free spins at one end of the dial and a maximum bonus of 150% on the other. The bonus percentage selected will affect the number of free spins and vice versa. The bonuses are slightly smaller for established Oshi Casino veterans, but a seasoned Oshi Casino player can still receive a maximum 40% match bonus. When the match dial is at 0%, players entitled to a reload bonus can also receive up to 80 Free Spins.

After choosing the preferred currency, the player can select their specific bonus settings. The unique settings will create a bonus code in the box below, which can be easily copied via clipboard and entered at the deposit stage. To take advantage of this unique new bonus feature, a minimum deposit between €10 and €48, or 0.02 BTC and 0.096 BTC is required. In addition to Bitcoin, Oshi Casino supports fiat currencies such as USD, AUD, RUB, and SEK. The custom bonus generated using the “Build Your Bonus” feature can be availed once every day.

Besides the custom bonus feature, Oshi Casino offers a range of special offers including Deposit Free Welcome Package, a 15 Free Spin Offer, as well as weekly and daily reward bonuses.

Right now, there is a huge plethora of Bitcoin Casinos to choose from. But very few of them offer players the unique experience of customizing their bonuses. With this new bonus feature, a quick registration process, provably fair gaming and a strong focus on online Casino Games, Oshi Casino presents itself as a very attractive option for online players looking for a slightly more personal touch to their betting experience.

About Oshi Casino

Launched in 2016, Oshi Casino is a fully licensed platform owned and operated by Direx N.V. The platform offers a range of game titles from leading providers like SoftSwiss, NetEnt, BetSoft, Amatic, Endorphina, Ezugi, Habanero, iSoftBet, MtSlotty and Pocket Dice. Oshi Casino is a provably fair platform certified by iTech Labs. The games offered on Oshi Casino includes Slot games, Table games, Roulette Wheels, BlackJack, Live Tables, Poker-based Games, Video Poker and Card Games.

Learn more about Oshi Casino at – https://kb.oshi.io/?ht_kb=bonus-crafter-help
Access Oshi’s Build Your Bonus feature at – https://oshi.io

Media Contact

Contact Name: Tzvi Shishler
Contact Email: info@4kingmedia.com/marko.csokasi@oshi.io
Location: Curacao

Oshi Casino 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 Oshi Bitcoin Casino Launches Revolutionary Custom Bonus Feature appeared first on Bitcoin PR Buzz.

Source: Bitcoin Press Releases
Oshi Bitcoin Casino Launches Revolutionary Custom Bonus Feature

CoinIdol to Hold Public Trial of Scammers Who Stole $10 mln in Bitcoin

Bitcoin Press Release: Coinidol.com News Outlet invites every FinTech news outlet and every member of the crypto-community to join the jury in the case, where scammers have allegedly stolen about $10,000,000.

March 7, 2017 – Coinidol.com, the Blockchain News Outlet that has an audience in 174 countries, is taking the role of organizer of a public trial.

To learn more about the case and rules of the public trial please visit: https://coinidol.com/coinidol-to-hold-public-trial-of-razormind-scammers/

When asked if it is not a job for international police George Gor founder of CoinIdol responded,

“The answer is simple. Blockchain projects got used to self-regulation instead of state regulation. The order is not settled. The biggest project, based on Blockchain technology, known as Bitcoin, is solving every question with public polls. The crypto community votes on what to do about every problem associated with Bitcoin. They don’t attract any authority. Moreover, Bitcoin was created to avoid authorities. Bitcoin is not recognized as a currency in many countries of the world. There are lots of countries where cryptocurrencies are called candy wrappers. Is it right to ask the police to regulate cases, where these candy wrappers were stolen? How do you regulate international scam cases with Bitcoin not in a single country but in the whole world? Why is it not a job for the crypto community?”

CoinIdol.com wants to set a precedent, of how the community can solve legal issues that is not protected by the law. CoinIdol is aware that this very first trial is experimental. George continues,

“We are afraid of the results much more than anybody. We are not sure that this is the right way, but someone should dare to be first.”

The second reason for hosting the public trial is that news sites are the first system used by scammers during so-called false ICOs. Scammers and fraudsters ask them to write articles or display banners to advertise them. George Gor continues,

“Can the whole crypto world set a precedent, when we force scammers, who have stolen up to $10 mln in Bitcoin to pay $1,000 to charity? ”

The same scammers often turn to other media platforms, advertising and PR-agencies as well. Some of these platforms may agree to such jobs without properly checking all the details, and as a result, accidentally help fraudsters steal money from other people’s pockets. Johanna, COO and co-founder of Bitcoin PR Buzz comments,

“This raises two very important philosophical questions, both of which I battle on a weekly basis: Is it okay to scam the scammer and can an industry without law be lawful?”

Coinidol is asking every member of the crypto community to vote and answer these questions. As well as the honorary members, who we invited to be the leaders in this process:

– Charles Hoskinson, former CEO of Ethereum;
– Nathan Wosnack, Founder and President of Ubitquity LLC;
– Richard Kastelein, Founder of The-blockchain.com;
– Alex Matanovic, Co-Founder of Serbian Bitcoin Association
– Roger Ver, Bitcoin Jesus, Founder of Bitcoin.com;
– Rupert Hackett, Board Director at Australian Digital Currency Commerce Association;
– Bas Wisselink, Co-Founder at NXT Foundation;
– Eric Grill, CEO of CoinOutlet, a Bitcoin ATMs company;
– Stephen DeMeulenaere, Co-Founder of Coin Academy;
– Ivan Tikhonov, Founder of Bits.media.

Update 03/09/2017:

Nathan Wosnack, president of blockchain company Ubitquity, has chosen to resign.

“After careful consideration, and the feedback from colleagues along with my lawyer, I’ve been told I should withdraw from this public trial. It could result in legal ramifications along with bad publicity. I have heard from his friend that Jawad may seek legal action. Therefore, I’d like to ask to have my name removed from participating.”

The vote will end on March 17, 2017, GMT, and the results will be published on Monday, March 20, 2017, with comments from the jurors on why they have voted the way they did.

The voting formula is: the results of the community voting and honorary jury will be summed 50/50. We will take further action depending on the results of the voting. George finishes by saying,

“Please, support this initiative however possible with post, repost, like, comment or any other way. It doesn’t matter, if you have pros or cons, you should take part in this, if you are a member of the world crypto community. Cast your vote – don’t permit somebody else to decide for you”

To learn more and to vote please visit: https://coinidol.com/coinidol-to-hold-public-trial-of-razormind-scammers/

Media Contact Email: info@coinidol.com

Disclaimer: CoinIdol 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 views and opinions expressed in this article are those of the authors, the information does not constitute investment advice or an offer to invest.

 

The post CoinIdol to Hold Public Trial of Scammers Who Stole $10 mln in Bitcoin appeared first on Bitcoin PR Buzz.

Source: Bitcoin Press Releases
CoinIdol to Hold Public Trial of Scammers Who Stole mln in Bitcoin