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UTRUST Breaks $10 Million Soft Cap on Opening Day of Public ICO For Blockchain Payments Platform

Bitcoin Press Release: UTRUST has surpassed its $10 million soft cap target on only the first day of its public ICO on November 2nd 2017, picking up where it left off from the intense demand during its pre-ICO, which sold out in 90 minutes. The digital payments platform is set for reaching its milestone of raising $49 million in financial leverage.

November 3, 2017, Zug, Switzerland: Barely a day after the launch of its upgraded ICO, UTRUST continues to surpass expectations, with a high demand for its tokens pushing the total funds raised to $10 million. Having achieved the soft cap target, UTRUST now has a strong foundation upon which to achieve its mission of disrupting online payments with cryptocurrency.

The surge in token sales on opening day likely benefited from UTRUST’s ICO being one of the few of its kind to welcome conditional participation from US citizens. Accredited US investors are allowed to buy tokens on a first come, first served basis, and are subject to a 12-month vesting period applied to tokens sold.

Interest and demand for UTRUST tokens have been further buoyed by recent developments with regards to regulatory adjustments, which ensures that the ICO adheres to all rules and regulations by financial entities in the Swiss jurisdiction. This is in line with the startup’s commitment to protect customers by ensuring a legally-compliant and future-proof platform.

The project continues to gain pace and build momentum with multiple appearances at several key blockchain conferences scheduled across the globe. The UTRUST team carry the key messages of UTRUST’s mission to bridge some 2.5 billion unbanked people and merchants to the global financial economy through the innovative features of blockchain-based cryptocurrency.

UTRUST offers a simple solution focused on consumer protection. Acting as a mediator for transactions, both parties to transactions are relieved of liability. Users can purchase goods and services while merchants get paid, using their choice of cryptocurrency or traditional fiat.

About UTRUST

UTRUST has currently raised $10 Million and reached its soft cap in its ongoing public ICO.

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 launched on November 2nd to obtain a financial leverage of up to $49 million. 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
Join UTRUST on Telegram at: https://t.me/utrustofficial
Read the UTRUST Whitepaper: https://s3-eu-west-1.amazonaws.com/utrust/UTRUST-whitepaper-v1.0.1.pdf
Visit UTRUST on bitcointalk: https://bitcointalk.org/index.php?topic=2078433.0
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/
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:

UTRUST 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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The post UTRUST Breaks $10 Million Soft Cap on Opening Day of Public ICO For Blockchain Payments Platform appeared first on Bitcoin PR Buzz.

Source: Bitcoin Press Releases
UTRUST Breaks Million Soft Cap on Opening Day of Public ICO For Blockchain Payments Platform

iExec Announces First SDK Release of its Decentralized Cloud At Devcon3 in Cancún, Mexico

Bitcoin Press Release: Blockchain startup iExec has announced the SDK release of its Decentralized cloud network at Devcon3 in Cancun, Mexico.

November 3, 2017, Lyon, France – Decentralized cloud network iExec has announced the release of its first Software Development Kit (SDK) product during Devcon3 in Cancún, Mexico. The service will enable blockchain applications to access an affordable, scalable, transparent and secure off-chain computing cloud. Several other announcements were made during the conference keynote of CEO Gilles Fedak’s, including the first App Store for decentralized applications, some recently-made partnerships, and a new research program.

iExec has been focused on building the first blockchain-based decentralized Cloud Computing platform for some time and this weeks announcement of its first SDK product at Devcon3 Conference follows months of stellar work by the iExec development team. The announcement is seen by the company as its first major goal on its roadmap to eventually create a future decentralized economy by providing a unique platform for unlimited computing power to blockchain applications,

iExec is also creating the first decentralized marketplace for cloud resources (servers, storage, applications and data sets). In April 2017, the company published its official white paper, detailing its plan to bring its vision to market. The team remains perfectly on track and has been delivering on schedule and up to promise.iExec is often known as the Airbnb for servers as its platform automatizes peer-to-peer interactions among users and providers in a safe, secure, transparent, and trustworthy blockchain experience.

On November 3rd, Gilles Fedak, PhD, CEO and co-founder of iExec, made several major announcements during his keynote speech at the (Devcon3) Ethereum Developer Conference:

  • Thanks to this first release, the developers are now able to overcome the limitations of the blockchain in terms of storage and computing capacities. By relying on the iExec SDK (Software Development Kit), developers can deploy and execute complex applications from the blockchain. This innovation, called “off-chain execution”, allows them to broaden the application usage of Ethereum and address an important scalability issue which is the high processing cost of “on-chain execution”.
  • In addition, developers are now able to earn RLC tokens by renting their applications on the blockchain. iExec has announced that developers will also be able to promote their business on the first App Store for decentralized applications. The targeted sectors are applications focused on AI, Big Data, IoT, fintech, and green IT. All the major digital trends could be powered by the platform.
  • Being very product-oriented, iExec has already started working with companies in order to see concrete deployments of its platform. The first proof-of-concept will be in finance. iExec wishes to stay at a cutting-edge level: PhDs are working on the state-of-the-art design of a proof-of-contribution protocol (PoCo) and on secure and trusted execution of off-chain computations.

During his address Gilles went on to outline the company’s recent progress, stating,

“This first version of iExec shows that we are able to overcome several limitations from the blockchain technology. We are proud to release this product only six months after the start of the project. It opens new perspectives for decentralized businesses and new opportunities for developers and startups,”

About Blockchain and Ethereum

Blockchain is the technology powering Bitcoin. It is the best way to assure traceability and transparency during digital transactions without the need of a third party. A blockchain is a chain of blocks recording and time-stamping each transaction. Ethereum is the second generation of blockchains, which can be programmed thanks to smart-contracts.

About iExec

The massive transformational goal of iExec is to provide the computing solution to each digital entrepreneur developing remarkable ideas on the blockchain. Indeed, iExec aims to create the platform providing unlimited computing power to blockchain applications that want to create the future of the decentralized economy.

The technology behind iExec leverages more than 15 years of work from its founders. Haiwu He and Gilles Fedak, who have published more than 80 scientific papers in the pioneering field of Desktop Grid and cloud computing. iExec released RLC tokens in April 2017, during an Initial Coin Offering (ICO), raising the equivalent of 12 M$ in less than 3 hours.

Learn more about iExec here – https://iex.ec/
Read the Whitepaper here – https://iex.ec/app/uploads/2017/04/iExec-WPv2.0-English.pdf
Find iExec on Facebook – https://www.facebook.com/iexecteam/
Follow iExec on Twitter – https://twitter.com/iEx_ec
Official iExec Medium Blog – https://medium.com/iex-ec
Join iExec on Reddit – https://www.reddit.com/r/iexec/
Join iExec on Slack – https://slack.iex.ec/
Visit iExec on Bitcointalk here – https://bitcointalk.org/index.php?topic=1746241.0
Check out iExec on Github – https://github.com/iExecBlockchainComputing

Media Contact
Name: Jean Charles
Email: jean-charles.cabelguen@iex.ec
Company: iExec
Location: Lyon, France

iExec 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 startups for over 5 years. Get your own professional Bitcoin Press Release. Click here for more information about Bitcoin PR

The post iExec Announces First SDK Release of its Decentralized Cloud At Devcon3 in Cancún, Mexico appeared first on Bitcoin PR Buzz.

Source: Bitcoin Press Releases
iExec Announces First SDK Release of its Decentralized Cloud At Devcon3 in Cancún, Mexico

Every Ethereum Holder To Receive VIU Token Airdrop for Blockchain Video Platform

Every Ethereum Holder To Receive VIU Token Airdrop for Blockchain Video Platform

Bitcoin Press Release: Viuly is pleased to announce the distribution of VIU tokens to current Ethereum holders with its airdrop campaign on November 10th with the ETH snapshot taking place on November 5th, 2017. Those who hold at least 0.1 ETH will receive VIU tokens, used to transfer value within Viuly’s blockchain-based video sharing platform, as Viuly seeks to expand its user base and encourage adoption of the decentralized online video platform at https://viuly.io.

November 3rd, 2017 Tallin, Estonia – Decentralized video solutions startup Viuly will now expand its airdrop campaign to include the Ethereum community in the distribution of its platform’s native currency, VIU tokens. Every Ethereum holder of at least 0.1 ETH can expect to receive a share of VIU tokens at the rate of 5 VIU for every 1 ETH that they hold in their Ethereum wallets, with the ETH blockchain snapshot taking place on November 5th, 2017 and the aidrop taking place on November 10th, 2017.

500 000 000 VIU tokens will be distributed to to 1 000 000 ethereum holders.

To participate in the airdrop, users must be an active ethereum holder with a positive balance of minimum 0.10 ETH and maximum 1000 ETH in their personal wallet. No wallets from exchanges will be allowed to receive VIU tokens.

Important: To be able to claim these tokens users must have the ETH in a wallet that supports ERC20 tokens such as myetherwallet, or Mist on November 5th, 2017.

For more information on Viuly’s objectives and development roadmap, visit the Viuly website and read the official Viuly whitepaper here. The Alpha platform is available at: https://viuly.io

Distribution to ETH holders for wider distribution, accelerated adoption

This latest move reflects Viuly’s strategy for early adoption, based on a strategy of wide distribution. It hopes to leverage the potential of Ethereum’s widespread community and support, recognizing their potential to massively grow Viuly membership. It is envisioned that Ethereum holders who receive these free VIU tokens will be encouraged to use Viuly’s blockchain-based video sharing platform to create, upload and watch videos online – while earning further rewards from activity.

As VIU tokens are an ERC20-based token, Viuly advises that Ethereum holders intending to participate in the airdrop ensure that their ETH balances are held in wallets that they control, and able to receive ETH-based tokens. Wallets such as MyEtherWallet, Mist, Trezor and Nano will be able to receive tokens. Holders will not be able to claim VIU tokens from ETH balances held in online services such as other web wallets and cryptocurrency exchanges.

500 000 000 VIU tokens will be distributed to all ETH wallets with a balance of 0.1 ETH or more. Ethereum users will receive VIU tokens at the rate of 5 VIU tokens per 1 ETH of balance.

Viuly’s airdrop campaign will commence on November 10th. Following this, VIU tokens will begin listing on several exchanges in December 2017.

Try Viuly and see the future of how people will share and watch videos online

The current industry of online video sharing is a highly centralized one, controlled by major centralized platforms that act as middlemen between advertisers, content creators and users. Through decentralization, Viuly’s platform eliminates high commissions from ad revenues and places control of content within the network itself.

As a result, creators earn more from higher ad revenue, advertisers get better value from efficient marketing and users are rewarded with a share of revenues. Without centralized censorship to restrict content and limit viewing, authors gain creative freedom and users have free access.

Through blockchain innovation, the platform is based on the IPFS protocol, featuring a fully-decentralized distributed network of data storage that compensates individuals for storage. There is no more shared control centers, no more single point of failure.

About Viuly

Viuly’s mission is to disrupt the multi-billion dollar industry of online video sharing with its blockchain-based solution. Through decentralization and transparency, it aims to create a fair and open video network operating on an equitable model of revenue sharing.

VIU tokens are the native currency powering the Viuly video platform. They are used to transfer value between advertisers, content creators and users.

Viuly will be a full-fledged platform for users and content creators to share and watch videos, while immediately earning rewards for their interactions. This revolutionary ecosystem will enable a fair, unrestricted environment to share, watch, and upload any content.

Viuly’s revolutionary blockchain solution has already led to a firm backing of EUR 150,000 from Ukraine-based blockchain investor Krypton Capital. Together with Krypton Capital’s “smart money” philosophy, Viuly aims to establish strong ecosystems of related companies to grow values and revenues together.

 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: https://viuly.com
Read the Viuly Whitepaper: https://viuly.com/Viuly_Whitepaper.pdf
Check out the Viuly Alpha platform: https://viuly.io
Chat with Viuly on Telegram: https://t.me/viulyofficial
Follow Viuly on Twitter: https://twitter.com/ViulyOfficial
Join Viuly on bitcointalk: https://bitcointalk.org/index.php?topic=2191252
Catch up with Viuly on Medium: https://medium.com/@Viuly

Media Contact
Contact Name: Ruslan Popa
Contact: support@viuly.com
Location: Tallin, Estonia

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.

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 Every Ethereum Holder To Receive VIU Token Airdrop for Blockchain Video Platform appeared first on Bitcoin PR Buzz.

Source: Bitcoin Press Releases
Every Ethereum Holder To Receive VIU Token Airdrop for Blockchain Video Platform

Revolutionary eSports Platform, SKRILLA, Proudly Announce Tokenized Daily Fantasy Experience, Sale Running Until 20th November

Bitcoin Press Rerelease: Licensed, eSports Daily Fantasy Esports provider Skrilla offer an unprecedented look into the operation of their live platform, and share details about their ongoing Token Sale. The Token Sale will run from November 6th until November 20th 2017.

31st October, 2017, Australia –  It’s heating up down under, as Australian-based tech startup Skrilla look to bring the benefits of Blockchain to the world of eSports Daily Fantasy. Combining excellence in the industry between two established players, Puntaa and the GAMURS Group, Skrilla seek to develop beyond the release of their live Daily Fantasy Esports Platform, bringing a range of benefits to their community through tokenisation. Platform users can already throw themselves fully into the world of eSports; whether it be watching tournaments live, building fantasy rosters, or competing for prizes on the platform.

The Backdrop

This all-encompassing vision from Skrilla comes off the back of the rapidly expanding growth within the eSports industry. 40% year-on-year growth was experienced in 2016 within the eSports spectatorship segment and future proofing this growth became more viable in 2017, the first year in which the majority of 18-35 year-olds show strong preference to an eSports team, over a traditional sports team. Additionally, $23bn in betting turnover is expected to arise by 2020. Skrilla saw this opportunity along with the huge increase in interest in the application of Blockchain technologies, which solve a number of community challenges, and have moved.

What is Skrilla?

Skrilla’s ability to execute and foresight comes down to its’ composition. With deep roots in the gaming and wagering industries, Skrilla is a collaboration between Puntaa and the GAMURS Group, who have worked on innovative and ground-breaking projects within the gaming industry over the past 3 years. Puntaa provide expertise with the wagering side of the business, having created the world’s first licensed P2P social betting platform. Puntaa recently also secured additional funding, generating investment from Altor Capital and the co-founders of Unlockd.

Handling the eSports domain experitse, content and distribution is the GAMURS Group, who run eSports platform Dot Esports, amongst their 12 esports brands. The platform offers a high-quality round-the-globe coverage service for all major eSports events, and will soon be the largest hub for eSports data globally. With its’ solid grounding in both essential parts of an eSports Daily Fantasy platform, Skrilla looks set to integrate tokens for the benefit of their community, to further build upon their engaging, and entertaining platform.

The Platform

The core of the Skrilla platform consists of the Daily Fantasy Esports, which will revolutionize the way that eSports fans watch and engage with their favourite events. Social-based competitions, where participants compete against other fans to win will see members paying an entry fee to participate in daily contests. The Daily Fantasy Esports world will cover front-page titles such as CS:GO, League of Legends, and DOTA2, among others.

Members pick a roster of their favoured professional players, who they think will amass the maximum amount of points. A budget is assigned for the team, with different players costing varying amounts. It is up to the player to use their in-game and metagame knowledge to make an informed decision on the best roster composition, whilst adhering to the price cap. As matches play their course in real-time, pro players will gain points depending on their performance. Once the set list of games concludes, participants on the platform gain access to the prize pool, if their roster has performed exceptionally. This will add another dimension to the eSports experience, as getting that crucial clutch frag will mean much more than an appreciation for the immense skill required. It could also mean a big payout.

ERC20 SKR Token

Powering the Skrilla ecosystem will be the Skrilla Token (SKR). This ERC20 token will be the native currency and mode of transfer within the current Skrilla platform. Initially, SKR tokens will be deployed alongside traditional currencies, to ensure the building of value through usage of the tokens, and providing utility for early backers in the ICO. At the same time, Skrilla are transitioning the platform to a decentralised and licensed, P2P platform, phasing out Fiat currencies entirely. At this point, SKR tokens will be the sole method of value transfer within the Skrilla ecosystem. Additionally, SKR tokens may be implemented within the previously-mentioned GAMURS Group ecosystem, which pulls in 3.5m monthly active members.

Skrilla Token Sale

To fund the ongoing development of Skrilla’s live platform and international expansion, SKR tokens are available to purchase through a token sale. This will allow early contributors unprecedented access to the ERC20, Ethereum-based SKR tokens, at a discount rate. The token sale runs from November 6th to November 20th 2017, with a total cap of 150,000 ETH. Exchange rates in the token sale range from 2400SKR/1ETH, to 2000SKR/1ETH. SKR tokens will be available to trade on reputable exchanges 14 days from the completion of the sale.

Given their established market position, and strong composition, Skrilla will launch their platform in the US in Q1 of 2018. To find out more, visit the Skrilla website below. You can also find a host of useful links, to stay in the loop.

Visit the Token Sale Website: https://tokensale.skrilla.com
View the Whitepaper: https://tokensale.skrilla.com/skr-token-whitepaper-v0.6.pdf
Skrilla Video Overview: https://www.youtube.com/watch?v=PHP3ILxmMxM
Get Involved on Telegram: https://t.me/SkrillaTokenSale
Chat on Discord: https://discordapp.com/invite/F77VmjV
Follow on Twitter: https://twitter.com/playskrill
Read the Blog: https://medium.com/@skrilla
Like on Facebook: https://www.facebook.com/skrillaesports

Media Contact
Contact Name: Damon Oudejans
Email: Damon@skrilla.com
Location: Brisbane, Australia

Skrilla 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

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The post Revolutionary eSports Platform, SKRILLA, Proudly Announce Tokenized Daily Fantasy Experience, Sale Running Until 20th November appeared first on Bitcoin PR Buzz.

Source: Bitcoin Press Releases
Revolutionary eSports Platform, SKRILLA, Proudly Announce Tokenized Daily Fantasy Experience, Sale Running Until 20th November

Caviar Announces Real Estate and Crypto Backed Token, Crowdfunding Platform. Pre-Sale Begins November 28, 2017

Bitcoin Press Release: Blockchain startup Caviar has announced the launch of its real estate-backed digital asset platform. Caviar’s token reduces the risk for backers through diversification of cryptocurrencies and real estate debt, while facilitating crowdfunding of real estate projects. Pre-sale begins November 28, 2017.

1 November 2017, The Cayman Islands – Caviar is pioneering a dual-purpose token and crowdfunding platform built on the Ethereum blockchain. Caviar’s token offers access to stable real estate and cryptocurrencies, with built-in downside protection and automatic diversification. The team behind Caviar has successfully managed a multi-million-dollar real estate debt fund since 2013, and brings years of experience and research to this project. Caviar is powered by Intelligent Predictive Model (IPM), an artificial intelligence algorithm, allowing for stronger predictive power and more effective asset allocation. In addition, Caviar Platform will allow real estate developers to raise funds for their upcoming projects, and for Caviar token holders to earn additional rewards by staking their tokens. Caviar is launching a pre-sale on November 28th, 2017, with the goal of raising $25 million.

Caviar Leverages Rising Value of Cryptocurrency with Increasing Demand for Real Estate

Global real estate equate to over 60% of all mainstream assets, and are worth over $217 trillion dollars. In comparison, the total cryptocurrency market capitalization recently hit a new all-time high when it surpassed $175 billion. “Considering these factors, the potential financial benefits of a real estate backed cryptocurrency are massive,” comments Caviar partner Guy Neumann.

In the past several years, cryptocurrencies have been outperforming most other asset classes. However, diversification within this asset class is problematic. There is high correlation to Bitcoin and to other cryptocurrencies. This new asset class is also highly volatile, illiquid and often not backed by anything tangible.

Caviar partner Alex Shvayetsky explains how Caviar aims to mitigate risk for backers and address the issue of diversification, stating:

Diversification of cryptocurrency investments is difficult because most assets are highly correlated. Caviar aims to solve this by providing exposure to fast-growing crypto assets and income producing US-based real estate in a single token – minimizing risk and maximizing returns in both asset classes.”

Caviar Capital: Successful Real Estate Track Record Outperforms S&P by 300%

Caviar combines large cap and most stable cryptocurrencies, select new token projects, and real estate, utilizing its’ proprietary Intelligent Predictive Model in order to perfectly time investment decisions. Caviar is the successor to Caviar Capital, which, in the past five years, successfully financed dozens of redevelopment projects and has a 0% default rate, 0 late payments and an average IRR (internal rate of return) of 16% per year. Since its inception, Caviar Capital has consistently outperformed S&P 500 Real Estate and S&P 500 Bond indices by over 300%

Higher Returns for Real Estate Investment & Diversified Portfolios for Traditional Investors with Digital Currency

By combining crypto assets and real estate, Caviar aims to offer a higher rate of return than traditional real estate investments, while maximizing downside protection. In addition, Caviar will provide traditional investors with the financial benefits of a more diversified portfolio that includes digital currencies.

Although cryptocurrency traders can profit from the volatility of the market, they are offered little in the way of real assets. Caviar provides a unique opportunity for crypto-investors to diversify their portfolio through exposure to real estate. Caviar’s tokenization approach to investments in real estate, cryptocurrencies and crypto-assets lowers the cost of management, reduces entry costs for investors, and removes the problem of illiquidity associated with traditional real estate investments. With the rising value of the cryptocurrency market and the increasing demand for real estate in a growing world, Caviar could turn out to be the perfect diversified portfolio.

The Tech Behind the Token

Caviar has developed their Intelligent Predictive Model (IPM), an artificial intelligence predictive algorithm based on a machine learning approach for price forecasting in both short and long-term projection timescales, allowing for stronger predictive power and more effective asset allocation. IPM uses historical data and a mixture of qualitative/quantitative metrics, in combination with analysis of the underlying cryptocurrency ecosystem, social signals, and trends. Data is automatically collected from various sources to make judgments in real time.

Caviar Token Generating Event

Caviar is launching a pre-sale on November 28th with the goal of raising $25 million. Here is some information about the upcoming token sale.

  • Goal Raise Amount: $25 million
    Token Type ERC20
    Maximum token supply: 375,000,000
    Price per token $0.10
    Pre-sale Minimum $500
    Pre-sale Discount: Up to 30%
    Pre-sale Period: November 28, 2017
    Crowd Sale Period: December 12th, 2017 to January 31st, 2018

Use of Funds
The funds raised by the Caviar crowdfunding campaign will be distributed as follows:

  • 80% will be invested directly into the Caviar portfolio
    10% will be used to cover administrative costs
    5% will be invested into development of platform technology
    5% will be allocated into a reserve fund

Token Distribution

  • 85% of all Caviar tokens created will be sold at the Token Generating Event
    12% will be allocated to partners and advisors
    3% is reserved for bounties

Official Website – https://www.caviar.io/
Caviar Investment Presentation – https://s3.amazonaws.com/caviar-presentations/CaviarInvestorPresentation_Final.pdf
Read the Caviar Whitepaper – https://s3.amazonaws.com/caviar-presentations/CaviarWhitepaper.pdf
Find Caviar on Facebook – https://www.facebook.com/Caviario-399312880484276/
Twitter – https://twitter.com/caviar0x
Telegram – https://t.me/caviar0x
Reddit – https://www.reddit.com/r/Caviar0x/

Media Contact
Contact Name: Kathy Berardi
Contact Email: media@caviar.io
Location: The Cayman Islands

Caviar 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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The post Caviar Announces Real Estate and Crypto Backed Token, Crowdfunding Platform. Pre-Sale Begins November 28, 2017 appeared first on Bitcoin PR Buzz.

Source: Bitcoin Press Releases
Caviar Announces Real Estate and Crypto Backed Token, Crowdfunding Platform. Pre-Sale Begins November 28, 2017

Foreground Announces Plans to Build a Decentralized Advertising and Affiliate Marketing Solution

Bitcoin Press Release: Technology startup, Foreground, announced its plans to build a decentralized affiliate marketing and advertising solution today.

Foreground promises to simplify advertising and affiliate marketing by connecting advertisers and publishers on both the traditional internet and the rapidly growing decentralized web (Web 3.0) to an open and honest network. The network will allow advertisers and publishers to build reputations based on a verifiable, immutable ledger of payments and conversions.

“We see an opportunity to connect advertisers and publishers without the middle man,” says Rick Feiner, Founder and CEO of Foreground. “The blockchain provides a 100% accurate history of payments. We’re using that data to build a verifiable reputation for each and every advertiser and publisher that joins the Foreground network.”

Foreground enters the market at a time when the tech community is starting to realize the disintermediating effect that blockchain technology will have on digital marketing. Up to 40% of ad budgetary allocation tends to go to large networks and service providers. By leveraging technology, automation and transparency to reduce cost, Foreground is set to disrupt the industry by making it simpler, more transparent and efficient.

“The exploding ecosystem of decentralized apps is going to need a monetization solution,” continues Feiner. “The ICO market alone is $3 Billion and growing, but doesn’t yet have access to even the most basic affiliate tools. Foreground is the only solution that makes advertisements and affiliate marketing work seamlessly on the blockchain, allowing us to serve one of the fastest growing markets in the tech space.”

Foreground is building a decentralized app that includes a full suite of tools to empower advertisers and publishers, including tools for reporting, conversion attribution, and payment. The product is being built by accomplished developers and is backed by the Blockchain Incubation division of Productive Edge, a world class digital transformation consultancy based in Chicago.

More information about Foreground can be found at foreground.io.

Media Contact: Rick Feiner
Contact Name: Rick Feiner
Contact Email: contact@foreground.io
Location: Chicago, Illinois

FOREGROUND 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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Source: Bitcoin Press Releases
Foreground Announces Plans to Build a Decentralized Advertising and Affiliate Marketing Solution

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

‘Make It Viral’ Announces Crowdfunding for Revolutionary Blockchain-based Video Sharing Platform

Bitcoin Press Release: Cryptocurrency startup ‘Make It Viral (MIV)’ has announced the upcoming crowdsale for its blockchain based video sharing platform.

July 07, 2017, Turin, Italy – Italian blockchain video sharing platform ‘Make It Viral’ has announced its crowdfunding campaign. The crowdfunding campaign will commence on the 18th of July 2017 and will give investors an opportunity to support the groundbreaking blockchain-based platform that supports streamlined video sharing and comes with an integrated token system.

Make It Viral is aiming to eliminate some of the lesser liked aspects present in current popular mainstream video sharing platforms such as Youtube and Twitch, whilst offering unique advantages to both users and uploaders on its platform. MIV is working on providing a unique video sharing platform experience, with the aid of blockchain technology.

The MIV video sharing platform targets a wider audience and not just those directly involved with cryptocurrency. Unlike mainstream platforms, MIV will have a very minimal number of banners and advertising. The platform will have an option to send micro-donations and contribute MIV to the makers of the viral video.

Uploaders will be safe from missing payments from ads affiliations and chargebacks from payments processors. They will also incur fewer fees than traditional video sharing platforms while being able to accept micro-donations. These factors will help uploaders to increase their fan base on the platform. MIV intends to install automatic exchangers with a gateway to convert MIV into fiat for the convenience of users and uploaders.

MIV enables uploaders to reach new users through the platform’s Integrated Ranking System. The platform aims to be as user-friendly as possible, and it has extended full app support for both iOS and Android.

What is MIV?

MIV is the native token of the ‘Make It Viral’ video sharing platform and will be used by users to vote their favorite content and help them to get more visibility. The company has chosen to implement MIV as the means for exchange of value between viewers and uploaders on the platform. Users will be able to receive free MIV daily to help drive the ecosystem.

In addition, MIV will be soon available for trade on various exchanges and Make It Viral intend to later implement an exchange directly on the platform.

Crowdfunding Campaign

The MIV team will run a crowdfunding campaign from the 18th of July 2017 until the end of October. All funds raised from the crowdfunding campaign will be used for developing various aspects of the projects. The company aims to collect a minimum of 60 BTC over the course of the crowdfunding campaign.

The funds raised from the successful crowdsale will be allocated for software development, app development, security, integrated platform wallets, sponsorship, marketing, host conventions, public relations, bounties and other.

The total 50 Billion MIV tokens minted will be allocated as follows:

  • 5 Billion will be allocated to the team
  • 15 Billion will be given out for free to active users of the platform while setting aside a small portion for bounties payouts and marketing purposes
  • 30 Billion MIV will be offered through the crowdsale, to be distributed in various phases.

Until July 31, 2017, the price of 1 MIV will be 3 satoshis, In August, the MIV token price will increase to 4 satoshis and the to 5 satoshis throughout the month of September. In October, the MIV tokens will be sold at 6 satoshis/token.

The MIV Team

Simone Di Francia, CEO & Founder
A medical student at Università di Torino, Simone has been involved and interested in Blockchain and Fintech since 2013. He has always been fascinated by Blockchain and its applications in everyday life, which led him to explore various use cases and eventually come up with Make It Viral.

Sara Di Francia, Legal
Sara graduated from Università di Torino, and she is a practicing lawyer in a law firm specialized in the company and commercial law. She has always been interested in informatics and computer law, and recently fascinated by Blockchain and its aspects.

Matteo Scivoli, Market Researcher
Matteo is an Engineering student at the Politecnico di Torino. He has an interest in studying niche markets, analyzing their data and their financial potential. Currently, he is putting his skills to use as a consultant with the MIV Team

Learn more about Make It Viral at – https://www.miv.life/
Find MIV on Facebook at – https://www.facebook.com/MIVlife/
Follow MIV on Twitter at – https://twitter.com/MIVlife
ANN on Bitcointalk – https://bitcointalk.org/index.php?topic=1983414.0
Chat on Telegram at – https://t.me/joinchat/AAAAAEQT69BSXVezrhhoCw
Make It Viral Slack Channel – https://makeitviral.slack.com/join/shared_invite/MTg1OTExNjM1Njk5LTE0OTUzMDUyNzAtNThlNTA4N2ViZg
MIV on Medium – https://medium.com/@MIVlife

Media Contact

Contact Name: Simone Di Francia
Contact Email: info@miv.life
Location: Turin, Italy

Make It Viral 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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Source: Bitcoin Press Releases
‘Make It Viral’ Announces Crowdfunding for Revolutionary Blockchain-based Video Sharing Platform

Seven Critiques of Ethereum According To The Creator

Seven Critiques of Ethereum According To The Creator

Click here to view original web page at www.ethnews.com

Vitalik Buterin Seven critiques of Ethereum

On July 5, 2017, Vitalik Buterin answered an inquiry posted on r/ethtrader to address which Ethereum critiques merit consideration and discussion. As co-creator of Ethereum and the most visible face of the Ethereum Foundation, Buterin articulates concerns that are likely prevalent among those in the development community. In this article, I will attempt to explain Buterin’s concerns in layman’s terms.

IMO [In my opinion] the most valid criticisms of Ethereum as it currently stands are:

1. Scalability sucks; the blockchain design fundamentally relies on bottlenecks where individual nodes must process every single transaction in the entire network

From a social and technical standpoint, scalability is a major obstacle to Ethereum’s continued development. As the network grows, achieving consensus to enact significant changes will prove more difficult. Detraction by mining pools and activists alike may hinder Ethereum’s rise. From issues of size and speed to throughput limitations and gas controversies, there is no overarching solution to scalability. Instead, it’s a puzzle that will require work on many fronts – which is probably why Buterin lists this as the number one issue.

2. PoW is extremely expensive, and furthermore is fundamentally vulnerable to 51% spawn camping attacks with no effective strategy for recovering from one. Selfish mining is profitable starting at 25-33% hashpower, and 51% censorship attacks are definitely profitable.

In its simplest terms, Proof-of-Work (PoW) is the way that miners confirm transactions and enter them into a blockchain. The longer a blockchain becomes, the harder it is to alter previous transactions. However, by virtue of the way mining works, a blockchain is susceptible to a “fifty-one percent attack.” Controlling the majority of computing power in the network is akin to controlling the House or Senate in American politics. Pushing legislation (transactions) through can’t be stopped by the minority. In passing, Buterin also references the difficulty of recovering from attacks (nobody needs to be reminded of The DAO) and worries about selfish mining, an attack which would give a pool an unfair advantage and disproportionate opportunity to mine blocks.

Although PoW is due to be replaced by Proof-of-Stake (PoS), for now, the cost incurred by the Ethereum network is absurd. According to Digiconomist’s Ethereum Energy Consumption Index, the network is using approximately the same amount of electricity as Moldova (a country of 3.5 million people). From an environmental and technical standpoint, Ethereum needs to step up its game to be feasible for widespread adoption.

Lastly, “spawn camping,” which evokes video game terminology, is one of Buterin’s recently invented phrases. On Twitter, Buterin explains that spawn camping occurs when “a 51% miner cartel keeps attacking over and over again, rendering the chain useless.”

3. Privacy sucks

The desire for privacy in cryptocurrency has enabled the rise of Zcash and tumbling. In digital currency, tumbling mixes small amounts of a coin from independent pools to pay for a transaction. Imagine that you were buying an XBOX at Costco and wanted to be anonymous. If you gather $5 from each of your friends to pay, then it would be much harder for the cashier to figure out who originally wanted to buy the console – this is obviously a very watered down explanation. Nonetheless, this makes it much harder to trace the transaction’s originator.

Replying to a comment on the same thread, Buterin explains, “There’s a plan to develop a general-purpose HLL [high level language] that compiles to zk-snark verification.” Implementing a zero-knowledge protocol for Ethereum could make Zcash and tumbling services secondary, or even obsolete! Evidently, this is a development to follow closely.

4. It’s hard for regular users to hold large amounts of funds without running substantial risks of theft or loss due to theft or loss of their private keys.

If you had one irreplaceable, unique key to your house, then losing it would be devastating. Storing your valuables in your house might seem like a good idea for security purposes, but you would also need to weigh the chances that you may permanently lose access to your belongings. Cryptocurrency users face this same dilemma with wallets.

Additionally, centralized wallet providers present an attractive target for hackers, so keeping a significant amount of cryptocurrency in a single wallet is a risky proposition. While spreading your funds across several wallets can help avoid a catastrophic event, this also requires keeping track of multiple private keys. Investors need to weigh the benefits of a decentralized currency versus the absence of a third-party mediator. Ultimately, there’s no customer service department on the blockchain.

5. Economics do not encourage good “storage hygiene”; insufficient incentives for clearing storage and insufficient cost for filling it, especially for long periods of time

Blockchain storage goes beyond the scope of this article. For interested parties, I’ll direct you to Appendix G of the Ethereum yellow paper.

6. Bunch of various marginal technical inefficiencies.

On reddit, Vitalik responded directly to my request for elaboration. Fair warning, this is deeply technical.

He explains:

  • With its 256-bit values, the EVM is substantially less efficient than it could be, making it hard to implement many kinds of cryptographic primitives.
  • The trie is hexary and not binary, and there doesn’t yet exist a data format for taking advantage of the redundancy between a trie node and the fact that the hash of the node is in that node’s parent; these two things together mean that Merkle branches are ~4x longer than they need to be.
  • RLP is somewhat overcomplicated; if I could redo it I would remove the single-byte case. I’d also come up with a trie format that doesn’t use RLP to keep it simpler and easier to encode and decode.
  • The storage tree is 2-layer and not 1-layer. This makes various optimizations harder to implement and adds more edge cases.
  • The storage tree doesn’t properly let users take advantage of the fact that fetching and writing anywhere up to a few kilobytes to a database doesn’t cost that much more than fetching or writing 32 bytes. As a result, most applications take substantially more DB reads than they need to.
  • All current implementations of the state tree do an account or storage read by hopping through the tree in the DB. This makes any state reading opcode take O(log(n)) database reads when there exists a way to only make it take one.
  • Quite a few gas costs are probably still not well-optimized.
  • Not enough ability to take advantage of parallelization.

Edit: 7. It’s hard for regular users to know that contracts they are interacting with do what they say they do, and do not have accidental or malicious bugs.

Auditing code is crucial for users to trust the contracts on the Ethereum network. Buterin notes that “regular users” (or non-technical folks) often don’t know how to protect themselves. On a governmental level, that’s why the US has agencies like the FDA. Experts help make sure that complicated architecture functions like it claims to – and certify that products are safe for consumption. The newness of Ethereum, and its accompanying applications, makes it hard for non-technical folks to determine what meets a suitable standard for investment or usage.

In all, these concerns reflect thoughtful and patient leadership, qualities that will be necessary as Ethereum expands its reach. Buterin’s willingness to engage in a public forum like reddit demonstrates that he acts as a strong bridge between the technical and non-technical worlds. Continued discourse and careful discussion should allay fears and attract additional support for the network.

Source: Science of Crypto
Seven Critiques of Ethereum According To The Creator

DIMCOIN Announces a 10% Additional Bonus When Paying with XEM in Pre-ICO Launch

Bitcoin Press Release: Blockchain equity startup DIMCOIN to offer investors an additional 10% bonus for XEM contributions during the upcoming ICO.

June 30, 2017, Singapore – Blockchain equity startup DIMCOIN has announced the day before its Pre-ICO launch that it will be offering investors an additional 10% ICO Bonus when paying with XEM. The DIM TOKEN and DIMCOIN, inclusive of the bonus will be transferred to the sender’s XEM address after a successful payment. The DIMCOIN Pre-ICO will run from the 1st of July 2017 at 12:00 (CET) until the 15th of July at 23:59 (CET).

DIMCOIN has stated that there will be a total of six payout rounds. The first payout round will start on July 10th, second on July 20th, then July 30th, August 10th, August 20th, and the final round on August 30th. As the DIM cryptocurrency is built upon the NEM Blockchain, DIMCOIN wants to incentivize XEM coin holders to participate in the Pre-ICO with an extra 10% Bonus.

The Pre-ICO will give investors an opportunity to get involved with the project. DIMCOIN has already chosen to reward early investors a 30% bonus during the Pre-ICO, that means an investor purchasing the platform’s tokens with XEM during the Pre-ICO will receive a grand 40% bonus.

What is DIMCOIN?

The DIM blockchain-based ecosystem enables cryptocurrency stock trading and equity tokenization on computers, mobile devices or via password-encrypted paper certificates. The DIM Ecosystem also offers its users a broad range of financial products and services that allow the user to engage in a multitude of digital interactions.

The platform utilizes two different types of digital tokens, DIMCOIN, and DIM currencies. DIMCOIN is a speculative asset that can be traded against its counterparts, and DIM Currencies are crypto tokens whose value will connect to that of various fiat currencies.

The DIM TOKEN holders with more than 50 DIM TOKENS will be entitled to voting rights within the DIM ecosystem and 30% of the fee’s collected by the ecosystem. The DIM TOKEN is an opportunity to earn lifetime recurring income based on transactions.

Utilizing NEM blockchain technology, DIMCOIN is built over a unique two-tier design using node reputation, spam protection, and incentivized infrastructure through supernodes, all to ensure transparent and secure online trading and transactions. DIMCOIN aims to revolutionize the financial service industry by delivering a cutting-edge ecosystem platform of assets and services.

Learn more about DIMCOIN at – http://www.dimcoin.io/
Find DIMCOIN Whitepaper at – https://www.dimcoin.io/DIMCOIN-whitepaper.pdf
Follow DIMCOIN on Twitter at – https://twitter.com/DIMCOIN_ICO
DIMCOIN on Facebook – https://www.facebook.com/DIMCOINICO
DIMCOIN’s Instagram – https://www.instagram.com/dimcoinico_/
DIMCOIN on Telegram – https://t.me/dimcoinICO

Media Contact

Contact Name: Uros Trajkovic
Contact Email: info@dimcoin.io
Company: DIMCOIN Foundation
Location: Singapore

DIMCOIN Foundation 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 FDIC and other 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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Source: Bitcoin Press Releases
DIMCOIN Announces a 10% Additional Bonus When Paying with XEM in Pre-ICO Launch