Ecoer Logo
VOTING POWER100.00%
DOWNVOTE POWER100.00%
RESOURCE CREDITS100.00%
REPUTATION PROGRESS81.83%
Net Worth
5.214USD
STEEM
0.018STEEM
SBD
10.557SBD
Effective Power
5.001SP
├── Own SP
0.125SP
└── Incoming Deleg
+4.876SP

Detailed Balance

STEEM
balance
0.005STEEM
market_balance
0.000STEEM
savings_balance
0.000STEEM
reward_steem_balance
0.013STEEM
STEEM POWER
Own SP
0.125SP
Delegated Out
0.000SP
Delegation In
4.876SP
Effective Power
5.001SP
Reward SP (pending)
0.106SP
SBD
sbd_balance
10.389SBD
sbd_conversions
0.000SBD
sbd_market_balance
0.000SBD
savings_sbd_balance
0.000SBD
reward_sbd_balance
0.168SBD
{
  "balance": "0.005 STEEM",
  "savings_balance": "0.000 STEEM",
  "reward_steem_balance": "0.013 STEEM",
  "vesting_shares": "204.030781 VESTS",
  "delegated_vesting_shares": "0.000000 VESTS",
  "received_vesting_shares": "7939.629025 VESTS",
  "sbd_balance": "10.389 SBD",
  "savings_sbd_balance": "0.000 SBD",
  "reward_sbd_balance": "0.168 SBD",
  "conversions": []
}

Account Info

namecryptodan21
id888468
rank408,267
reputation2656165611
created2018-03-26T10:47:03
recovery_accountsteem
proxyNone
post_count35
comment_count0
lifetime_vote_count0
witnesses_voted_for0
last_post2018-06-25T12:18:36
last_root_post2018-06-25T12:18:36
last_vote_time2018-04-04T13:02:51
proxied_vsf_votes0, 0, 0, 0
can_vote1
voting_power0
delayed_votes0
balance0.005 STEEM
savings_balance0.000 STEEM
sbd_balance10.389 SBD
savings_sbd_balance0.000 SBD
vesting_shares204.030781 VESTS
delegated_vesting_shares0.000000 VESTS
received_vesting_shares7939.629025 VESTS
reward_vesting_balance216.077686 VESTS
vesting_balance0.000 STEEM
vesting_withdraw_rate0.000000 VESTS
next_vesting_withdrawal1969-12-31T23:59:59
withdrawn0
to_withdraw0
withdraw_routes0
savings_withdraw_requests0
last_account_recovery1970-01-01T00:00:00
reset_accountnull
last_owner_update1970-01-01T00:00:00
last_account_update1970-01-01T00:00:00
minedNo
sbd_seconds7,935,206,397
sbd_last_interest_payment2018-04-05T19:28:21
savings_sbd_last_interest_payment1970-01-01T00:00:00
{
  "id": 888468,
  "name": "cryptodan21",
  "owner": {
    "weight_threshold": 1,
    "account_auths": [],
    "key_auths": [
      [
        "STM6SvRP52WhCs7jkbE9oVy3vBkZBECUq7PTfMMiEEgut7LuYnPeo",
        1
      ]
    ]
  },
  "active": {
    "weight_threshold": 1,
    "account_auths": [],
    "key_auths": [
      [
        "STM5nYEzzsuVqToQA9Zd5tQu8Nt5Qd4NWacgTL5TYnSin7z4DFRUa",
        1
      ]
    ]
  },
  "posting": {
    "weight_threshold": 1,
    "account_auths": [],
    "key_auths": [
      [
        "STM5aAdo6Ls1A79BMoLFhLyqdrLoaVy2X4Sj7w2t9sPPRYNjDHg3U",
        1
      ]
    ]
  },
  "memo_key": "STM6zLPL4oVXW5n78GqBmWb6bwkEL5h2KJw6RU9VpjJ2j5kBQTnkR",
  "json_metadata": "{}",
  "posting_json_metadata": "",
  "proxy": "",
  "last_owner_update": "1970-01-01T00:00:00",
  "last_account_update": "1970-01-01T00:00:00",
  "created": "2018-03-26T10:47:03",
  "mined": false,
  "recovery_account": "steem",
  "last_account_recovery": "1970-01-01T00:00:00",
  "reset_account": "null",
  "comment_count": 0,
  "lifetime_vote_count": 0,
  "post_count": 35,
  "can_vote": true,
  "voting_manabar": {
    "current_mana": "8143659806",
    "last_update_time": 1779058782
  },
  "downvote_manabar": {
    "current_mana": 2035914951,
    "last_update_time": 1779058782
  },
  "voting_power": 0,
  "balance": "0.005 STEEM",
  "savings_balance": "0.000 STEEM",
  "sbd_balance": "10.389 SBD",
  "sbd_seconds": "7935206397",
  "sbd_seconds_last_update": "2018-04-14T15:03:27",
  "sbd_last_interest_payment": "2018-04-05T19:28:21",
  "savings_sbd_balance": "0.000 SBD",
  "savings_sbd_seconds": "0",
  "savings_sbd_seconds_last_update": "1970-01-01T00:00:00",
  "savings_sbd_last_interest_payment": "1970-01-01T00:00:00",
  "savings_withdraw_requests": 0,
  "reward_sbd_balance": "0.168 SBD",
  "reward_steem_balance": "0.013 STEEM",
  "reward_vesting_balance": "216.077686 VESTS",
  "reward_vesting_steem": "0.106 STEEM",
  "vesting_shares": "204.030781 VESTS",
  "delegated_vesting_shares": "0.000000 VESTS",
  "received_vesting_shares": "7939.629025 VESTS",
  "vesting_withdraw_rate": "0.000000 VESTS",
  "next_vesting_withdrawal": "1969-12-31T23:59:59",
  "withdrawn": 0,
  "to_withdraw": 0,
  "withdraw_routes": 0,
  "curation_rewards": 0,
  "posting_rewards": 210,
  "proxied_vsf_votes": [
    0,
    0,
    0,
    0
  ],
  "witnesses_voted_for": 0,
  "last_post": "2018-06-25T12:18:36",
  "last_root_post": "2018-06-25T12:18:36",
  "last_vote_time": "2018-04-04T13:02:51",
  "post_bandwidth": 0,
  "pending_claimed_accounts": 0,
  "vesting_balance": "0.000 STEEM",
  "reputation": 2656165611,
  "transfer_history": [],
  "market_history": [],
  "post_history": [],
  "vote_history": [],
  "other_history": [],
  "witness_votes": [],
  "tags_usage": [],
  "guest_bloggers": [],
  "rank": 408267
}

Withdraw Routes

IncomingOutgoing
Empty
Empty
{
  "incoming": [],
  "outgoing": []
}
From Date
To Date
steemdelegated 4.876 SP to @cryptodan21
2026/05/17 22:59:42
delegateecryptodan21
delegatorsteem
vesting shares7939.629025 VESTS
Transaction InfoBlock #106141946/Trx 8ea61b7177a4f1a0eedda9226ab831b32568956d
View Raw JSON Data
{
  "block": 106141946,
  "op": [
    "delegate_vesting_shares",
    {
      "delegatee": "cryptodan21",
      "delegator": "steem",
      "vesting_shares": "7939.629025 VESTS"
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2026-05-17T22:59:42",
  "trx_id": "8ea61b7177a4f1a0eedda9226ab831b32568956d",
  "trx_in_block": 3,
  "virtual_op": 0
}
steemdelegated 3.210 SP to @cryptodan21
2026/05/11 22:49:48
delegateecryptodan21
delegatorsteem
vesting shares5227.418620 VESTS
Transaction InfoBlock #105969711/Trx c1e2e25e4eb50551decb71f732df812353a86df2
View Raw JSON Data
{
  "block": 105969711,
  "op": [
    "delegate_vesting_shares",
    {
      "delegatee": "cryptodan21",
      "delegator": "steem",
      "vesting_shares": "5227.418620 VESTS"
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2026-05-11T22:49:48",
  "trx_id": "c1e2e25e4eb50551decb71f732df812353a86df2",
  "trx_in_block": 3,
  "virtual_op": 0
}
steemdelegated 4.883 SP to @cryptodan21
2026/04/25 22:22:39
delegateecryptodan21
delegatorsteem
vesting shares7952.144781 VESTS
Transaction InfoBlock #105509633/Trx 0ce83c1ffaaf39b4e4d204f53d588acbec81c3a2
View Raw JSON Data
{
  "block": 105509633,
  "op": [
    "delegate_vesting_shares",
    {
      "delegatee": "cryptodan21",
      "delegator": "steem",
      "vesting_shares": "7952.144781 VESTS"
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2026-04-25T22:22:39",
  "trx_id": "0ce83c1ffaaf39b4e4d204f53d588acbec81c3a2",
  "trx_in_block": 2,
  "virtual_op": 0
}
steemdelegated 3.236 SP to @cryptodan21
2026/01/23 04:28:15
delegateecryptodan21
delegatorsteem
vesting shares5268.965439 VESTS
Transaction InfoBlock #102847821/Trx 31797aac9e66f1a3c5ed2cce6b740e0c78214c35
View Raw JSON Data
{
  "block": 102847821,
  "op": [
    "delegate_vesting_shares",
    {
      "delegatee": "cryptodan21",
      "delegator": "steem",
      "vesting_shares": "5268.965439 VESTS"
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2026-01-23T04:28:15",
  "trx_id": "31797aac9e66f1a3c5ed2cce6b740e0c78214c35",
  "trx_in_block": 2,
  "virtual_op": 0
}
steemdelegated 3.337 SP to @cryptodan21
2024/12/16 23:47:21
delegateecryptodan21
delegatorsteem
vesting shares5433.184636 VESTS
Transaction InfoBlock #91294227/Trx b09c6f6226708583bd20aed1d470bf8bbd75901b
View Raw JSON Data
{
  "block": 91294227,
  "op": [
    "delegate_vesting_shares",
    {
      "delegatee": "cryptodan21",
      "delegator": "steem",
      "vesting_shares": "5433.184636 VESTS"
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2024-12-16T23:47:21",
  "trx_id": "b09c6f6226708583bd20aed1d470bf8bbd75901b",
  "trx_in_block": 5,
  "virtual_op": 0
}
steemdelegated 3.440 SP to @cryptodan21
2023/11/13 15:31:45
delegateecryptodan21
delegatorsteem
vesting shares5602.318168 VESTS
Transaction InfoBlock #79848471/Trx 4b1a8bbedd5794ce0447e05329f12ee0cfd69462
View Raw JSON Data
{
  "block": 79848471,
  "op": [
    "delegate_vesting_shares",
    {
      "delegatee": "cryptodan21",
      "delegator": "steem",
      "vesting_shares": "5602.318168 VESTS"
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2023-11-13T15:31:45",
  "trx_id": "4b1a8bbedd5794ce0447e05329f12ee0cfd69462",
  "trx_in_block": 3,
  "virtual_op": 0
}
steemdelegated 5.244 SP to @cryptodan21
2023/09/21 20:21:48
delegateecryptodan21
delegatorsteem
vesting shares8539.596954 VESTS
Transaction InfoBlock #78346076/Trx 662c7d2874c295a1881e6bf3a2d0ee1c2026de8c
View Raw JSON Data
{
  "block": 78346076,
  "op": [
    "delegate_vesting_shares",
    {
      "delegatee": "cryptodan21",
      "delegator": "steem",
      "vesting_shares": "8539.596954 VESTS"
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2023-09-21T20:21:48",
  "trx_id": "662c7d2874c295a1881e6bf3a2d0ee1c2026de8c",
  "trx_in_block": 8,
  "virtual_op": 0
}
steemdelegated 5.380 SP to @cryptodan21
2022/11/03 10:20:06
delegateecryptodan21
delegatorsteem
vesting shares8761.278392 VESTS
Transaction InfoBlock #69111628/Trx 59e03ca663651c8df5ae75f431091b6904695eb9
View Raw JSON Data
{
  "block": 69111628,
  "op": [
    "delegate_vesting_shares",
    {
      "delegatee": "cryptodan21",
      "delegator": "steem",
      "vesting_shares": "8761.278392 VESTS"
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2022-11-03T10:20:06",
  "trx_id": "59e03ca663651c8df5ae75f431091b6904695eb9",
  "trx_in_block": 0,
  "virtual_op": 0
}
steemdelegated 5.516 SP to @cryptodan21
2022/01/17 09:42:39
delegateecryptodan21
delegatorsteem
vesting shares8981.811623 VESTS
Transaction InfoBlock #60807927/Trx 29b87e58e0cdbb8e997dce7d875224731bc098ee
View Raw JSON Data
{
  "block": 60807927,
  "op": [
    "delegate_vesting_shares",
    {
      "delegatee": "cryptodan21",
      "delegator": "steem",
      "vesting_shares": "8981.811623 VESTS"
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2022-01-17T09:42:39",
  "trx_id": "29b87e58e0cdbb8e997dce7d875224731bc098ee",
  "trx_in_block": 12,
  "virtual_op": 0
}
steemdelegated 5.629 SP to @cryptodan21
2021/06/13 23:40:45
delegateecryptodan21
delegatorsteem
vesting shares9165.580281 VESTS
Transaction InfoBlock #54606376/Trx 1be5ee112294e7ce8362f21ec429bb18008f8329
View Raw JSON Data
{
  "block": 54606376,
  "op": [
    "delegate_vesting_shares",
    {
      "delegatee": "cryptodan21",
      "delegator": "steem",
      "vesting_shares": "9165.580281 VESTS"
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2021-06-13T23:40:45",
  "trx_id": "1be5ee112294e7ce8362f21ec429bb18008f8329",
  "trx_in_block": 2,
  "virtual_op": 0
}
steemdelegated 5.744 SP to @cryptodan21
2020/12/11 10:01:24
delegateecryptodan21
delegatorsteem
vesting shares9353.002255 VESTS
Transaction InfoBlock #49353881/Trx f7c289cebe4d76cf0c6aadf8e87f61284c4787c6
View Raw JSON Data
{
  "block": 49353881,
  "op": [
    "delegate_vesting_shares",
    {
      "delegatee": "cryptodan21",
      "delegator": "steem",
      "vesting_shares": "9353.002255 VESTS"
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2020-12-11T10:01:24",
  "trx_id": "f7c289cebe4d76cf0c6aadf8e87f61284c4787c6",
  "trx_in_block": 0,
  "virtual_op": 0
}
steemdelegated 1.174 SP to @cryptodan21
2020/12/06 03:38:33
delegateecryptodan21
delegatorsteem
vesting shares1912.543513 VESTS
Transaction InfoBlock #49205446/Trx 613ee6ec81216c62d9b84d77c19057dd245c25ac
View Raw JSON Data
{
  "block": 49205446,
  "op": [
    "delegate_vesting_shares",
    {
      "delegatee": "cryptodan21",
      "delegator": "steem",
      "vesting_shares": "1912.543513 VESTS"
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2020-12-06T03:38:33",
  "trx_id": "613ee6ec81216c62d9b84d77c19057dd245c25ac",
  "trx_in_block": 4,
  "virtual_op": 0
}
steemdelegated 5.748 SP to @cryptodan21
2020/12/05 11:35:48
delegateecryptodan21
delegatorsteem
vesting shares9359.368894 VESTS
Transaction InfoBlock #49186554/Trx 71ac4418aec533a6cda940396dbd00fe05a6921b
View Raw JSON Data
{
  "block": 49186554,
  "op": [
    "delegate_vesting_shares",
    {
      "delegatee": "cryptodan21",
      "delegator": "steem",
      "vesting_shares": "9359.368894 VESTS"
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2020-12-05T11:35:48",
  "trx_id": "71ac4418aec533a6cda940396dbd00fe05a6921b",
  "trx_in_block": 5,
  "virtual_op": 0
}
steemdelegated 1.179 SP to @cryptodan21
2020/11/02 13:10:57
delegateecryptodan21
delegatorsteem
vesting shares1920.017158 VESTS
Transaction InfoBlock #48254912/Trx b4aa8d2f0b5b3521559352e168f0c04bd0f02836
View Raw JSON Data
{
  "block": 48254912,
  "op": [
    "delegate_vesting_shares",
    {
      "delegatee": "cryptodan21",
      "delegator": "steem",
      "vesting_shares": "1920.017158 VESTS"
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2020-11-02T13:10:57",
  "trx_id": "b4aa8d2f0b5b3521559352e168f0c04bd0f02836",
  "trx_in_block": 4,
  "virtual_op": 0
}
steemdelegated 5.872 SP to @cryptodan21
2020/05/09 04:34:45
delegateecryptodan21
delegatorsteem
vesting shares9562.015468 VESTS
Transaction InfoBlock #43215679/Trx 848371e3ba05c6989fa945a6fe121bcaac0a2e99
View Raw JSON Data
{
  "block": 43215679,
  "op": [
    "delegate_vesting_shares",
    {
      "delegatee": "cryptodan21",
      "delegator": "steem",
      "vesting_shares": "9562.015468 VESTS"
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2020-05-09T04:34:45",
  "trx_id": "848371e3ba05c6989fa945a6fe121bcaac0a2e99",
  "trx_in_block": 13,
  "virtual_op": 0
}
steemdelegated 1.200 SP to @cryptodan21
2020/05/08 08:00:51
delegateecryptodan21
delegatorsteem
vesting shares1953.311140 VESTS
Transaction InfoBlock #43191576/Trx 30f9315a9cec4f6b05f8928993ba516d1a52da8e
View Raw JSON Data
{
  "block": 43191576,
  "op": [
    "delegate_vesting_shares",
    {
      "delegatee": "cryptodan21",
      "delegator": "steem",
      "vesting_shares": "1953.311140 VESTS"
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2020-05-08T08:00:51",
  "trx_id": "30f9315a9cec4f6b05f8928993ba516d1a52da8e",
  "trx_in_block": 6,
  "virtual_op": 0
}
steemdelegated 5.958 SP to @cryptodan21
2019/09/05 19:35:18
delegateecryptodan21
delegatorsteem
vesting shares9702.121528 VESTS
Transaction InfoBlock #36164436/Trx f2c7400a452369a530e417c3f8d57a4f277227fa
View Raw JSON Data
{
  "block": 36164436,
  "op": [
    "delegate_vesting_shares",
    {
      "delegatee": "cryptodan21",
      "delegator": "steem",
      "vesting_shares": "9702.121528 VESTS"
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2019-09-05T19:35:18",
  "trx_id": "f2c7400a452369a530e417c3f8d57a4f277227fa",
  "trx_in_block": 1,
  "virtual_op": 0
}
2019/03/26 21:55:09
authorsteemitboard
bodyCongratulations @cryptodan21! You received a personal award! <table><tr><td>https://steemitimages.com/70x70/http://steemitboard.com/@cryptodan21/birthday1.png</td><td>Happy Birthday! - You are on the Steem blockchain for 1 year!</td></tr></table> <sub>_You can view [your badges on your Steem Board](https://steemitboard.com/@cryptodan21) and compare to others on the [Steem Ranking](http://steemitboard.com/ranking/index.php?name=cryptodan21)_</sub> **Do not miss the last post from @steemitboard:** <table><tr><td><a href="https://steemit.com/steem/@steemitboard/3-years-on-steem-happy-birthday-the-distribution-of-commemorative-badges-has-begun"><img src="https://steemitimages.com/64x128/http://u.cubeupload.com/arcange/BG6u6k.png"></a></td><td><a href="https://steemit.com/steem/@steemitboard/3-years-on-steem-happy-birthday-the-distribution-of-commemorative-badges-has-begun">3 years on Steem - The distribution of commemorative badges has begun!</a></td></tr><tr><td><a href="https://steemit.com/steem/@steemitboard/happy-birthday-the-steem-blockchain-is-running-for-3-years"><img src="https://steemitimages.com/64x128/http://u.cubeupload.com/arcange/BG6u6k.png"></a></td><td><a href="https://steemit.com/steem/@steemitboard/happy-birthday-the-steem-blockchain-is-running-for-3-years">Happy Birthday! The Steem blockchain is running for 3 years.</a></td></tr></table> ###### [Vote for @Steemitboard as a witness](https://v2.steemconnect.com/sign/account-witness-vote?witness=steemitboard&approve=1) to get one more award and increased upvotes!
json metadata{"image":["https://steemitboard.com/img/notify.png"]}
parent authorcryptodan21
parent permlinkwhy-bitcoin-mining-is-a-terrible-investment-and-will-get-worse
permlinksteemitboard-notify-cryptodan21-20190326t215509000z
title
Transaction InfoBlock #31502658/Trx 96eb80c1bf06940c9d362e6341e4177ed6d884fc
View Raw JSON Data
{
  "block": 31502658,
  "op": [
    "comment",
    {
      "author": "steemitboard",
      "body": "Congratulations @cryptodan21! You received a personal award!\n\n<table><tr><td>https://steemitimages.com/70x70/http://steemitboard.com/@cryptodan21/birthday1.png</td><td>Happy Birthday! - You are on the Steem blockchain for 1 year!</td></tr></table>\n\n<sub>_You can view [your badges on your Steem Board](https://steemitboard.com/@cryptodan21) and compare to others on the [Steem Ranking](http://steemitboard.com/ranking/index.php?name=cryptodan21)_</sub>\n\n\n**Do not miss the last post from @steemitboard:**\n<table><tr><td><a href=\"https://steemit.com/steem/@steemitboard/3-years-on-steem-happy-birthday-the-distribution-of-commemorative-badges-has-begun\"><img src=\"https://steemitimages.com/64x128/http://u.cubeupload.com/arcange/BG6u6k.png\"></a></td><td><a href=\"https://steemit.com/steem/@steemitboard/3-years-on-steem-happy-birthday-the-distribution-of-commemorative-badges-has-begun\">3 years on Steem - The distribution of commemorative badges has begun!</a></td></tr><tr><td><a href=\"https://steemit.com/steem/@steemitboard/happy-birthday-the-steem-blockchain-is-running-for-3-years\"><img src=\"https://steemitimages.com/64x128/http://u.cubeupload.com/arcange/BG6u6k.png\"></a></td><td><a href=\"https://steemit.com/steem/@steemitboard/happy-birthday-the-steem-blockchain-is-running-for-3-years\">Happy Birthday! The Steem blockchain is running for 3 years.</a></td></tr></table>\n\n###### [Vote for @Steemitboard as a witness](https://v2.steemconnect.com/sign/account-witness-vote?witness=steemitboard&approve=1) to get one more award and increased upvotes!",
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steemdelegated 6.080 SP to @cryptodan21
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steemdelegated 18.540 SP to @cryptodan21
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2018/06/29 07:39:24
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2018/06/27 15:16:36
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2018/06/25 13:45:21
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2018/06/25 12:56:12
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2018/06/25 12:32:24
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2018/06/25 12:32:21
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body**Coins mentioned in post:** Coin | | Price (USD) | 📈 24h | 📉 7d - | - | - | - | - **BTC** | Bitcoin | 6221.830$ | _4.84%_ | _-4.59%_ **ETH** | Ethereum | 464.726$ | _4.65%_ | _-7.2%_ **EVN** | Envion | 0.192$ | _4.05%_ | _43.01%_ **LTC** | Litecoin | 82.152$ | _5.0%_ | _-13.76%_ **RKT** | Rock | 0.074$ | _-11.09%_ | _-24.89%_
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2018/06/25 12:21:00
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2018/06/25 12:21:00
authorcheetah
bodyHi! I am a robot. I just upvoted you! I found similar content that readers might be interested in: https://cryptocurrencyhub.io/why-bitcoin-mining-is-a-terrible-investment-and-will-get-worse-28e249dd2039
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2018/06/25 12:20:54
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2018/06/25 12:19:00
authora-a-a
body# Upvote this: https://steemit.com/free/@bible.com/4qcr2i
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2018/06/25 12:18:36
authorcryptodan21
body![mining bitcoin pic 2.png](https://cdn.steemitimages.com/DQmYcd4B2nDAQwViCSu19PWmEgxXqYZbCYCsBcXWW6uuoWi/mining%20bitcoin%20pic%202.png) Back in the heady days of 2017, investing in Bitcoin mining seemed like one of the easiest ways to make money you could possibly imagine. Youtube, Twitter and Facebook were awash with dozens of mining schemes promising returns of 150% or 200% per year. And you didn’t even have to do anything — just sign up, pay your money and let the bitcoin roll in. What could be better? Fast forward to today and the whole landscape looks a lot different. Check out any of the major mining schemes — Genesis Mining, Hashflare and the like — and quite simply you would be better off holding your cryptocurrency rather than investing it in mining. For example, if you had 1 Bitcoin and invested it in mining in one of these schemes right now, you would get back less than 1 Bitcoin by the end of your contract. Even reinvesting it doesn’t help — you would just be compounding your disadvantage. It’s a loss-maker, plain and simple. So what has happened in this short time to turn such a great investment into such a terrible one? I have been something of a victim of this trend so decided to investigate exactly why it happened. Here is what I discovered… # It’s a Classic Tragedy of the Commons Well, in the first instance we had the collapse in the cryptocurrency market, which has meant that the coins being mined are worth less than they were. Much more important however — particularly to the long-term outlook for crypto mining — is the increase in mining difficulty. This is a classic “tragedy of the commons.” In essence this is a scenario where you have some common asset that everyone can potentially benefit from. Imagine a big piece of land back in pre-industrial days that individual people could farm on. https://cdn.steemitimages.com/DQmRDQh1YrQKGGGkTZ9mDwiGuss17JGwEq7ut5fYme8T8qH/ancient%20farmland.png Individually, each farmer wants to make the best he can of his situation and farm as much land as he can, as intensively as he can. But if everyone does this, then the land will become degraded, the soil will erode and the yield will drop dramatically. If done to an extreme, then the land might become barren and useless. So then everyone loses out — it’s a tragedy of the commons. Bitcoin mining is a tragedy of the commons par excellence. Basically what you had was an asset that was insanely profitable and everyone wanted to get in on the act. It seemed too good to be true. The problem was, the more people who entered the market, the less profit there was to go around for each individual member. Essentially there is a fixed amount of land (or in this case, a fixed amount of Bitcoin that can be mined at any one time). So the more people there are, the less of this land each one gets. Or a smaller slice of the Bitcoin pie, if you like. This is reflected in the Bitcoin mining difficulty, which is essentially the difficulty of mathematical equations miners need to solve to verify transactions on the blockchain ledger. To ensure that all the Bitcoin isn’t mined at once, the more miners there are, the more difficult these mathematical equations become. So the difficulty tells us very neatly how many miners there are (and the power of their mining equipment). # Difficulty Goes Crazy — Too Many Farmers on the Land As you can see from this graph of the Bitcoin mining difficulty, it has continued to increase steadily over the past few months: ![bitcoin mining diff chart jun 18.png](https://cdn.steemitimages.com/DQmeSETqPtYhjnrymHh6GyvE2irc9cDLRydt2nRi8QLSj1T/bitcoin%20mining%20diff%20chart%20jun%2018.png) The mining difficulty increased a whopping 700% in 2017, pretty exceptional growth — and has continued unabated in 2018. Viewed over a longer timescale however, you can see how the recent difficulty increases and have been more dramatic, almost exponential in fact: ![bitcoin mining diff chart 7.png](https://cdn.steemitimages.com/DQmUXz3qN5DYXGa3LNPL59k3EbAXZYzXSrrTFc4PJmDnitZ/bitcoin%20mining%20diff%20chart%207.png) As I say, these mining difficulty charts really just reflect the number of people (and their computing power) mining Bitcoin. Quite simply, there are now too many farmers on the common land. The land is degrading for everyone. # 2018 — Price and Difficulty Part Company Back in 2017, some people dismissed the rising difficulty, saying it was inherently connected to the price of Bitcoin, which was also rising almost exponentially. So — they claimed — if the price dropped, the difficulty would too. However, the link between the two was well and truly broken in early 2018. Just for a visual comparison with the two charts above, here is what happened to the Bitcoin price at the turn of the year: ![bitcoin price chart.png](https://cdn.steemitimages.com/DQmT7BTtud99Xvurz6gfacx7urPsTeerFJ2xXMifatGb9UU/bitcoin%20price%20chart.png) So while the mining difficulty has continued to increase steadily, the price has halved. This has obviously been a double-whammy for Bitcoin miners. It means you can no longer make any assumptions about price and difficulty tracking each other. # And Now For the Bad News…It’s Only Going to Get Worse And the bad news is that this situation isn’t going to get better any time soon. The problem is that because mining was so profitable in 2017, a huge amount of money poured into building new mining farms and launching new projects. Everything from private mining farms, to big public ICOs and mining companies launching on the stock market. Here are just some of big ICO projects that have launched recently: - Envion — a Swiss company focused on building mobile mining units and exporting them to locations around the globe, raised $100m in an ICO - Miner One — aiming to raise $140m in their ICO (although currently well short of that target) - Giga Watt — raised $20m in their ICO (although now being sued for being an unregistered security) - ICE Rock Mining — currently having its ICO, aiming to raise $13.5m - Moonlite — also in ICO phase and with a hard cap of $35m So some pretty big sums of money that will be pouring into cryptocurrency mining in the coming months — and pushing up that difficulty… But that pales into comparison with some of the corporate money that is piling in. Recently there have been a number of IPOs undertaken by companies intending to undertake industrial-scale crypto mining. They include: - Hive Blockchain — a partnership with Genesis Mining and has raised $150m to invest in mining operations - Hut 8 — a partnership with Bitfury which raised over $100m, with further expansion planned - Long Blockchain — recently purchased over 1,000 Bitcoin miners But then on top of all this you have all the private companies in places like Chain and Russia who have to date been the centre of the mining world. Some of these companies have massive mining operations, like Bitmain with eight buildings and 25,000 mining rigs at just one of their mining farms. Not to mention there are still hobbyists on YouTube building their own mining rigs, just to slice that pie into even thinner pieces. # It’s a Problem When you Have a Low Barrier to Entry One of the reasons all this happened is that the barrier to entry to Bitcoin mining is incredibly low. You basically have a situation where there is a legal industry that can effectively print money. This is pretty much what crypto mining is. But virtually anyone can do it. All you need to do is buy some mining equipment, which you can get on Amazon, and set it up. So not surprisingly, every man and his dog have wanted to become involved and there’s really nothing stopping them. For most big industries in the modern economy, the barrier to entry is very high. Imagine you wanted to start another Google or Apple. Their brand power and established technology is so great you would have to spend billions just to get in the ballgame — and even then would probably fail. Or think of Tesla and how difficult they are finding it to become a mass-market EV company. The barriers to a new company trying to replicate what Tesla have done are immense. ![Tesla pic.jpg](https://cdn.steemitimages.com/DQmStyRz3wCgf38dsB2XG4sVY8A3br9M5qAoWs7zfjGLYNB/Tesla%20pic.jpg) But to enter the Bitcoin mining game, you don’t need complex technology, an amazing brand, massive marketing teams, offices or really anything apart from somewhere to put your mining rigs and some electricity. # Not Just a Bitcoin Problem You might think this is just related to Bitcoin and other coins are still really profitable to mine. Well sadly that’s not the case either. Here’s a look at the rising difficulty of Ethereum in recent months: ![eth difficulty.png](https://cdn.steemitimages.com/DQmQSyHqwiE4HDsVxr29MYZyY6XdLLHH79vTJhXmvwuNqzq/eth%20difficulty.png) And here is Litecoin: ![Litecoin diff.png](https://cdn.steemitimages.com/DQmWEZU6zkvH7sfaFbjgNoujuVUT4pUb5grnPFTvigTpvwG/Litecoin%20diff.png) Pretty much all the major coins’ graphs look like this. So there’s no getting away from the fact that whatever you mine, the difficulty will have gone up considerably recently and is likely to continue going up. That’s not to mention the potential for a large number of coins to switch to proof-of-stake from proof-of-work, thus eliminating the need to mine them altogether and reducing the pool of mine-able coins. # Where that Leaves Us — On the Road to Nowhere ![dead end.png](https://cdn.steemitimages.com/DQmXNc1BXFeDrBHeGo4rAdyNx11Cw5vmf9eYPzErMoiKtKW/dead%20end.png) There is little reason to think this situation is going to turn around. Yes, the cryptocurrency market could pick up again, thus making mining more profitable. But that would just tempt more miners into the game, thus increasing the difficulty. It’s kind of a catch-22 situation. Last year I invested in some mining schemes and have been burned a little — although I got out early enough when I saw the writing was on the wall, so fortunately haven’t lost very much. But for companies and individuals who have invested large amounts into mining operations, the future looks pretty bleak. The best they can probably hope for is that the markets increase, meaning the coins they have mined are worth more. Plus some of the more niche mining operations may drop out as their business models become unsustainable. But with Ethereum’s move to proof-of-stake — which is to be much welcomed given the amount of energy that crypto mining consumes — the overall mining market may shrink over the coming years, particularly if others follow Ethereum’s lead. And countries could also clamp down on mining and tax it more stringently. Already China is banning mining and Russia looks like it may follow suit. So all in all that piece of common land doesn’t look too inviting right now — it’s been over-farmed and probably best to stay away and look for an alternative patch to plough.
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      "body": "![mining bitcoin pic 2.png](https://cdn.steemitimages.com/DQmYcd4B2nDAQwViCSu19PWmEgxXqYZbCYCsBcXWW6uuoWi/mining%20bitcoin%20pic%202.png)\n\nBack in the heady days of 2017, investing in Bitcoin mining seemed like one of the easiest ways to make money you could possibly imagine.\n\nYoutube, Twitter and Facebook were awash with dozens of mining schemes promising returns of 150% or 200% per year. And you didn’t even have to do anything — just sign up, pay your money and let the bitcoin roll in. What could be better?\n\nFast forward to today and the whole landscape looks a lot different. Check out any of the major mining schemes — Genesis Mining, Hashflare and the like — and quite simply you would be better off holding your cryptocurrency rather than investing it in mining.\n\nFor example, if you had 1 Bitcoin and invested it in mining in one of these schemes right now, you would get back less than 1 Bitcoin by the end of your contract. Even reinvesting it doesn’t help — you would just be compounding your disadvantage. It’s a loss-maker, plain and simple.\n\nSo what has happened in this short time to turn such a great investment into such a terrible one?\n\nI have been something of a victim of this trend so decided to investigate exactly why it happened. Here is what I discovered…\n\n# It’s a Classic Tragedy of the Commons\n\nWell, in the first instance we had the collapse in the cryptocurrency market, which has meant that the coins being mined are worth less than they were.\n\nMuch more important however — particularly to the long-term outlook for crypto mining — is the increase in mining difficulty.\n\nThis is a classic “tragedy of the commons.” In essence this is a scenario where you have some common asset that everyone can potentially benefit from. Imagine a big piece of land back in pre-industrial days that individual people could farm on.\n\nhttps://cdn.steemitimages.com/DQmRDQh1YrQKGGGkTZ9mDwiGuss17JGwEq7ut5fYme8T8qH/ancient%20farmland.png\n\nIndividually, each farmer wants to make the best he can of his situation and farm as much land as he can, as intensively as he can. But if everyone does this, then the land will become degraded, the soil will erode and the yield will drop dramatically. If done to an extreme, then the land might become barren and useless. So then everyone loses out — it’s a tragedy of the commons.\n\nBitcoin mining is a tragedy of the commons par excellence.\n\nBasically what you had was an asset that was insanely profitable and everyone wanted to get in on the act. It seemed too good to be true.\n\nThe problem was, the more people who entered the market, the less profit there was to go around for each individual member.\n\nEssentially there is a fixed amount of land (or in this case, a fixed amount of Bitcoin that can be mined at any one time). So the more people there are, the less of this land each one gets. Or a smaller slice of the Bitcoin pie, if you like.\n\nThis is reflected in the Bitcoin mining difficulty, which is essentially the difficulty of mathematical equations miners need to solve to verify transactions on the blockchain ledger. To ensure that all the Bitcoin isn’t mined at once, the more miners there are, the more difficult these mathematical equations become.\n\nSo the difficulty tells us very neatly how many miners there are (and the power of their mining equipment).\n\n# Difficulty Goes Crazy — Too Many Farmers on the Land\n\nAs you can see from this graph of the Bitcoin mining difficulty, it has continued to increase steadily over the past few months:\n\n![bitcoin mining diff chart jun 18.png](https://cdn.steemitimages.com/DQmeSETqPtYhjnrymHh6GyvE2irc9cDLRydt2nRi8QLSj1T/bitcoin%20mining%20diff%20chart%20jun%2018.png)\n\nThe mining difficulty increased a whopping 700% in 2017, pretty exceptional growth — and has continued unabated in 2018.\n\nViewed over a longer timescale however, you can see how the recent difficulty increases and have been more dramatic, almost exponential in fact:\n\n![bitcoin mining diff chart 7.png](https://cdn.steemitimages.com/DQmUXz3qN5DYXGa3LNPL59k3EbAXZYzXSrrTFc4PJmDnitZ/bitcoin%20mining%20diff%20chart%207.png)\n\nAs I say, these mining difficulty charts really just reflect the number of people (and their computing power) mining Bitcoin. Quite simply, there are now too many farmers on the common land. The land is degrading for everyone.\n\n# 2018 — Price and Difficulty Part Company\nBack in 2017, some people dismissed the rising difficulty, saying it was inherently connected to the price of Bitcoin, which was also rising almost exponentially. So — they claimed — if the price dropped, the difficulty would too.\n\nHowever, the link between the two was well and truly broken in early 2018. Just for a visual comparison with the two charts above, here is what happened to the Bitcoin price at the turn of the year:\n\n![bitcoin price chart.png](https://cdn.steemitimages.com/DQmT7BTtud99Xvurz6gfacx7urPsTeerFJ2xXMifatGb9UU/bitcoin%20price%20chart.png)\n\nSo while the mining difficulty has continued to increase steadily, the price has halved.\n\nThis has obviously been a double-whammy for Bitcoin miners. It means you can no longer make any assumptions about price and difficulty tracking each other.\n\n# And Now For the Bad News…It’s Only Going to Get Worse\nAnd the bad news is that this situation isn’t going to get better any time soon.\n\nThe problem is that because mining was so profitable in 2017, a huge amount of money poured into building new mining farms and launching new projects. Everything from private mining farms, to big public ICOs and mining companies launching on the stock market.\n\nHere are just some of big ICO projects that have launched recently:\n\n- Envion — a Swiss company focused on building mobile mining units and exporting them to locations around the globe, raised $100m in an ICO\n- Miner One — aiming to raise $140m in their ICO (although currently well short of that target)\n- Giga Watt — raised $20m in their ICO (although now being sued for being an unregistered security)\n- ICE Rock Mining — currently having its ICO, aiming to raise $13.5m\n- Moonlite — also in ICO phase and with a hard cap of $35m\n\nSo some pretty big sums of money that will be pouring into cryptocurrency mining in the coming months — and pushing up that difficulty…\n\nBut that pales into comparison with some of the corporate money that is piling in. Recently there have been a number of IPOs undertaken by companies intending to undertake industrial-scale crypto mining. They include:\n\n- Hive Blockchain — a partnership with Genesis Mining and has raised $150m to invest in mining operations\n- Hut 8 — a partnership with Bitfury which raised over $100m, with further expansion planned\n- Long Blockchain — recently purchased over 1,000 Bitcoin miners\n\nBut then on top of all this you have all the private companies in places like Chain and Russia who have to date been the centre of the mining world.\n\nSome of these companies have massive mining operations, like Bitmain with eight buildings and 25,000 mining rigs at just one of their mining farms.\n\nNot to mention there are still hobbyists on YouTube building their own mining rigs, just to slice that pie into even thinner pieces.\n\n# It’s a Problem When you Have a Low Barrier to Entry\nOne of the reasons all this happened is that the barrier to entry to Bitcoin mining is incredibly low.\n\nYou basically have a situation where there is a legal industry that can effectively print money. This is pretty much what crypto mining is.\n\nBut virtually anyone can do it. All you need to do is buy some mining equipment, which you can get on Amazon, and set it up.\n\nSo not surprisingly, every man and his dog have wanted to become involved and there’s really nothing stopping them.\n\nFor most big industries in the modern economy, the barrier to entry is very high. Imagine you wanted to start another Google or Apple. Their brand power and established technology is so great you would have to spend billions just to get in the ballgame — and even then would probably fail.\n\nOr think of Tesla and how difficult they are finding it to become a mass-market EV company. The barriers to a new company trying to replicate what Tesla have done are immense.\n\n![Tesla pic.jpg](https://cdn.steemitimages.com/DQmStyRz3wCgf38dsB2XG4sVY8A3br9M5qAoWs7zfjGLYNB/Tesla%20pic.jpg)\n\nBut to enter the Bitcoin mining game, you don’t need complex technology, an amazing brand, massive marketing teams, offices or really anything apart from somewhere to put your mining rigs and some electricity.\n\n# Not Just a Bitcoin Problem\nYou might think this is just related to Bitcoin and other coins are still really profitable to mine.\n\nWell sadly that’s not the case either. Here’s a look at the rising difficulty of Ethereum in recent months:\n\n![eth difficulty.png](https://cdn.steemitimages.com/DQmQSyHqwiE4HDsVxr29MYZyY6XdLLHH79vTJhXmvwuNqzq/eth%20difficulty.png)\n\nAnd here is Litecoin:\n\n![Litecoin diff.png](https://cdn.steemitimages.com/DQmWEZU6zkvH7sfaFbjgNoujuVUT4pUb5grnPFTvigTpvwG/Litecoin%20diff.png)\n\nPretty much all the major coins’ graphs look like this. So there’s no getting away from the fact that whatever you mine, the difficulty will have gone up considerably recently and is likely to continue going up.\n\nThat’s not to mention the potential for a large number of coins to switch to proof-of-stake from proof-of-work, thus eliminating the need to mine them altogether and reducing the pool of mine-able coins.\n\n# Where that Leaves Us — On the Road to Nowhere\n\n![dead end.png](https://cdn.steemitimages.com/DQmXNc1BXFeDrBHeGo4rAdyNx11Cw5vmf9eYPzErMoiKtKW/dead%20end.png)\n\nThere is little reason to think this situation is going to turn around. Yes, the cryptocurrency market could pick up again, thus making mining more profitable. But that would just tempt more miners into the game, thus increasing the difficulty. It’s kind of a catch-22 situation.\n\nLast year I invested in some mining schemes and have been burned a little — although I got out early enough when I saw the writing was on the wall, so fortunately haven’t lost very much.\n\nBut for companies and individuals who have invested large amounts into mining operations, the future looks pretty bleak. The best they can probably hope for is that the markets increase, meaning the coins they have mined are worth more.\n\nPlus some of the more niche mining operations may drop out as their business models become unsustainable.\n\nBut with Ethereum’s move to proof-of-stake — which is to be much welcomed given the amount of energy that crypto mining consumes — the overall mining market may shrink over the coming years, particularly if others follow Ethereum’s lead.\n\nAnd countries could also clamp down on mining and tax it more stringently. Already China is banning mining and Russia looks like it may follow suit.\n\nSo all in all that piece of common land doesn’t look too inviting right now — it’s been over-farmed and probably best to stay away and look for an alternative patch to plough.",
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2018/06/21 21:54:00
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2018/06/21 20:43:09
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2018/06/21 19:55:39
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body# Follow @bible.com
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2018/06/21 19:54:48
authorcryptodan21
body![Rewards.io token pic.png](https://cdn.steemitimages.com/DQmaRH6WdJdMaa5bPsJsi24SMoTmYrnZsbhd4BMrmfm1Z2o/Rewards.io%20token%20pic.png) [Rewards Token](https://non-us.rewardstoken.io/) is a new cryptocurrency about to have its ICO and it is promising to shake up the world of customer loyalty programmes. The industry of loyalty points is massive, with over $300 billion distributed annually across the world. However, most people find it difficult to keep track of all the different reward schemes they are part of and programmes are constantly changing their terms, leading to disappointment and frustration amongst participants and many loyalty points going unclaimed. Rewards Token are aiming to solve these problems with a cryptocurrency that can be used across hundreds of reward schemes, making everything much simpler and more rewarding for consumers and businesses alike. Below we will take a look at how the Rewards Token will work, what the benefits will be and the terms of the ICO. # What Rewards Token is All About Back in 1793, a store owner wanted to drive more loyalty with his customers, so decided to offer them copper tokens for their loyalty, which they could redeem for products from his store. The scheme worked very well and spawned the industry that we know today as customer loyalty programmes. These include everything from air miles to cash back schemes and points that can be redeemed for products of all kinds. The industry is worth an estimated $300bn and 85% of consumers belong to at least one loyalty scheme. The average US household is a member of 29 loyalty schemes and 84% of US businesses have some form of rewards programme. However, whilst loyalty programmes are part of our everyday lives, they are not without their problems. Keeping track of so many schemes is difficult for consumers and with each one having its own rules — which often change midway through — means that 35% of loyalty discounts go unclaimed. This isn’t good for businesses either because it means they are not building the loyalty aimed for by their schemes. At the same time, loyalty points are a liability on corporations’ books, so they often try to diminish the worth of points or change the terms to reduce those liabilities, causing the consumer to often feel shortchanged when they come redeem their points. Rewards.com already have their own loyalty programme running and have over 7,000 businesses that use it. They have set up schemes for businesses such as American Airlines, American Express and InterContinental Hotels and have developed software and apps for a number of Fortune 500 companies. But now they are planning to tackle the problems of loyalty schemes described above by having a cryptocurrency that will operate as a universal loyalty token that all businesses and customers can use. # Rewards Token — How It Will Work The Rewards Token will be a single marketplace for businesses to use. Instead of offering their normal rewards like discounts and cash back, businesses will reward their loyal customers with Reward Tokens. This ecosystem will bring together over 100 million products and 7,000 existing merchant relationships with a variety of different businesses including travel, retail, restaurants and entertainment businesses. It is Reward’s aim that customers will be able to use their Reward Tokens to redeem virtually anything. So instead of having to keep track of dozens or even hundreds of different schemes, they will just keep track of one: The Rewards Token. They can simply check how many tokens they have and then what offers are available for using their tokens to redeem products or services. In addition to earning Rewards Tokens through purchases, people will be able to top up their holdings by buying tokens on exchanges. So if for example you had 999 tokens but just needed 1 more to be able to claim a great offer like a free concert ticket, you could go to an exchange and buy that extra 1 token you need. Rewards plan to build a mobile app which will allow you to collect tokens and redeem offers with just a tap of your mobile phone. # Benefits of Rewards Token There will be considerable benefits to the Rewards Token scheme, including: - Receiving exclusive offers and special access to tickets before they go on general sale. - Being able to take part in contests and sweepstakes to win additional prizes. - Ease of tracking — just one scheme rather than dozens. - Being able to sell tokens on exchanges if people don’t want to claim product rewards. - So all in all there will be quite a few benefits of the Reward Tokens. # ICO Details The pre-sale has already taken place and ran from 14th February to 15th April 2018. The main public sale is now underway and here are the main details for it: · Token: Reward Token (RWRD) · Maximum number of tokens: 400 million · Tokens available during main ICO: 200 million (i.e. 50%) · Token price: 1 ETH = 1800 RWRD (i.e. 1 RWRD =$0.39 at time of writing) · Soft Cap: 3,000 ETH ($2m) · Hard Cap: 75,000 ETH ($52m) · Sale starts: Main sale underway · Sale ends: TBD # ICO Ratings The ICO has been reviewed by ICO rating sites and has generally received very good ratings. Here are some of the main ones: - Track ICO: 5/5 - ICO Bench: 3.6/5 - Found ICO: 8.7/10 - ICO Creed: 4.9/5 - ICO Marks: 9.2/10 As well as these ratings, Rewards also won an award for Best ICO by Coin Agenda. # Conclusion — Rewards Token ICO The Rewards Token ICO has certainly been attracting a lot of interest, with over 40,000 Telegram members and over 30,000 Twitter followers. The logic behind the project makes a lot of sense and if there was just one loyalty scheme to keep track of and a universal token you could use across all of them, it would makes things much easier for everyone concerned and participation in loyalty schemes would probably skyrocket. The question — as seems to be the case with so many of these ICOs — is what kind of take-up they can achieve, particularly amongst businesses. Although Rewards.com already work with a number of big companies, it is unclear from their White Paper as to which of these companies have signed up specifically to the Rewards Token cryptocurrency, so some clarification on this point would be most welcome. If they could get some of the Fortune 500 companies mentioned to sign up, then the project could be a massive success. So it remains to be seen how successful the project will be, but it does have great potential and the strong interest from the crypto community is indicative of that potential. You can check out the Rewards Token ICO [here](https://non-us.rewardstoken.io/)
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permlinkrewards-token-ico-review-one-loyalty-scheme-to-rule-them-all
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      "author": "cryptodan21",
      "body": "![Rewards.io token pic.png](https://cdn.steemitimages.com/DQmaRH6WdJdMaa5bPsJsi24SMoTmYrnZsbhd4BMrmfm1Z2o/Rewards.io%20token%20pic.png)\n\n[Rewards Token](https://non-us.rewardstoken.io/) is a new cryptocurrency about to have its ICO and it is promising to shake up the world of customer loyalty programmes.\n\nThe industry of loyalty points is massive, with over $300 billion distributed annually across the world.\n\nHowever, most people find it difficult to keep track of all the different reward schemes they are part of and programmes are constantly changing their terms, leading to disappointment and frustration amongst participants and many loyalty points going unclaimed.\n\nRewards Token are aiming to solve these problems with a cryptocurrency that can be used across hundreds of reward schemes, making everything much simpler and more rewarding for consumers and businesses alike.\n\nBelow we will take a look at how the Rewards Token will work, what the benefits will be and the terms of the ICO.\n\n# What Rewards Token is All About\nBack in 1793, a store owner wanted to drive more loyalty with his customers, so decided to offer them copper tokens for their loyalty, which they could redeem for products from his store.\n\nThe scheme worked very well and spawned the industry that we know today as customer loyalty programmes. These include everything from air miles to cash back schemes and points that can be redeemed for products of all kinds. The industry is worth an estimated $300bn and 85% of consumers belong to at least one loyalty scheme. The average US household is a member of 29 loyalty schemes and 84% of US businesses have some form of rewards programme.\n\nHowever, whilst loyalty programmes are part of our everyday lives, they are not without their problems. Keeping track of so many schemes is difficult for consumers and with each one having its own rules — which often change midway through — means that 35% of loyalty discounts go unclaimed.\n\nThis isn’t good for businesses either because it means they are not building the loyalty aimed for by their schemes. At the same time, loyalty points are a liability on corporations’ books, so they often try to diminish the worth of points or change the terms to reduce those liabilities, causing the consumer to often feel shortchanged when they come redeem their points.\n\nRewards.com already have their own loyalty programme running and have over 7,000 businesses that use it. They have set up schemes for businesses such as American Airlines, American Express and InterContinental Hotels and have developed software and apps for a number of Fortune 500 companies.\n\nBut now they are planning to tackle the problems of loyalty schemes described above by having a cryptocurrency that will operate as a universal loyalty token that all businesses and customers can use.\n\n# Rewards Token — How It Will Work\nThe Rewards Token will be a single marketplace for businesses to use. Instead of offering their normal rewards like discounts and cash back, businesses will reward their loyal customers with Reward Tokens.\n\nThis ecosystem will bring together over 100 million products and 7,000 existing merchant relationships with a variety of different businesses including travel, retail, restaurants and entertainment businesses.\n\nIt is Reward’s aim that customers will be able to use their Reward Tokens to redeem virtually anything. So instead of having to keep track of dozens or even hundreds of different schemes, they will just keep track of one: The Rewards Token. They can simply check how many tokens they have and then what offers are available for using their tokens to redeem products or services.\n\nIn addition to earning Rewards Tokens through purchases, people will be able to top up their holdings by buying tokens on exchanges. So if for example you had 999 tokens but just needed 1 more to be able to claim a great offer like a free concert ticket, you could go to an exchange and buy that extra 1 token you need.\n\nRewards plan to build a mobile app which will allow you to collect tokens and redeem offers with just a tap of your mobile phone.\n\n# Benefits of Rewards Token\nThere will be considerable benefits to the Rewards Token scheme, including:\n\n- Receiving exclusive offers and special access to tickets before they go on general sale.\n- Being able to take part in contests and sweepstakes to win additional prizes.\n- Ease of tracking — just one scheme rather than dozens.\n- Being able to sell tokens on exchanges if people don’t want to claim product rewards.\n- So all in all there will be quite a few benefits of the Reward Tokens.\n\n# ICO Details\nThe pre-sale has already taken place and ran from 14th February to 15th April 2018.\n\nThe main public sale is now underway and here are the main details for it:\n\n· Token: Reward Token (RWRD)\n\n· Maximum number of tokens: 400 million\n\n· Tokens available during main ICO: 200 million (i.e. 50%)\n\n· Token price: 1 ETH = 1800 RWRD (i.e. 1 RWRD =$0.39 at time of writing)\n\n· Soft Cap: 3,000 ETH ($2m)\n\n· Hard Cap: 75,000 ETH ($52m)\n\n· Sale starts: Main sale underway\n\n· Sale ends: TBD\n\n# ICO Ratings\nThe ICO has been reviewed by ICO rating sites and has generally received very good ratings. Here are some of the main ones:\n\n- Track ICO: 5/5\n- ICO Bench: 3.6/5\n- Found ICO: 8.7/10\n- ICO Creed: 4.9/5\n- ICO Marks: 9.2/10\n\nAs well as these ratings, Rewards also won an award for Best ICO by Coin Agenda.\n\n# Conclusion — Rewards Token ICO\nThe Rewards Token ICO has certainly been attracting a lot of interest, with over 40,000 Telegram members and over 30,000 Twitter followers.\n\nThe logic behind the project makes a lot of sense and if there was just one loyalty scheme to keep track of and a universal token you could use across all of them, it would makes things much easier for everyone concerned and participation in loyalty schemes would probably skyrocket.\n\nThe question — as seems to be the case with so many of these ICOs — is what kind of take-up they can achieve, particularly amongst businesses. Although Rewards.com already work with a number of big companies, it is unclear from their White Paper as to which of these companies have signed up specifically to the Rewards Token cryptocurrency, so some clarification on this point would be most welcome. If they could get some of the Fortune 500 companies mentioned to sign up, then the project could be a massive success.\n\nSo it remains to be seen how successful the project will be, but it does have great potential and the strong interest from the crypto community is indicative of that potential.\n\nYou can check out the Rewards Token ICO [here](https://non-us.rewardstoken.io/)",
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2018/06/20 21:37:21
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2018/06/20 20:12:51
authorallnatural
bodyUpvote this for me please? https://steemit.com/christianity/@bible.com/verse-of-the-day-hebrews-4-16-nlt
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2018/06/20 20:12:30
authorcheetah
bodyHi! I am a robot. I just upvoted you! I found similar content that readers might be interested in: https://bitcoinandcryptos.com/blockshipping-ico-review/
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2018/06/20 20:12:27
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2018/06/20 20:12:15
authorcryptodan21
body![Blockshipping pic.png](https://cdn.steemitimages.com/DQmeSJUbD8ajEqribqM87733dNTuAPX6d9CLmw7t2E1UMty/Blockshipping%20pic.png) Shipping containers may not sound like the most exciting thing in the world, but there is an ICO about to get underway that looks very promising indeed and it is called Blockshipping.io. Currently there are significant problems in the shipping container industry, with large inefficiencies and a number of companies facing financial difficulties. Blockshipping are proposing a new blockchain-based solution to these various inefficiencies and estimate they could save the industry over $5.7bn per year, as well as reducing global CO2 emissions by more than 4.6m tonnes annually. So this could be a win-win for the shipping industry and the planet — as well as potentially for investors in the ICO. What is particularly interesting about this ICO is that they are offering a token with a payout, which as followers of my Crypto Dividends Portfolio will know, I am a big fan of. So below I will take a look at what Blockshipping is all about, how their system will work and details of the ICO. # What Blockshipping Is All About The global container shipping industry currently makes up about 60% of seaborne trade and its value is estimated at $12tn per year. However, the industry is rife with inefficiencies and faces problems of overcapacity, security threats, a lack of digitisation and increasing environmental regulation. Blockshipping are proposing a new system — the Global Shared Container Platform (or GSCP for short) — and it will provide solutions to a myriad of problems, namely: - A Complete Registry — surprisingly, at the moment there is no registry or tracking system for the 27 million shipping containers around the world. So Blockshipping intend to create such a register, which will allow the locations of all the containers to be tracked using IoT technology. - Payment Platform — Blockshipping will povide a payment platform for all parties, allowing a much simpler process, reducing admin and costs. - Greybox Opportunity — at the moment, a lot of containers are left empty or half-empty, costing up to $5bn per year. Using Blockshipping’s trusted platform, companies will be able to match up opportunities where they can share containers or use empty ones. - Street Turn Opportunity — the term “street turn” means empty containers are moved from importers to exporters without an intermediate stop at a port or inland depot. Currently it is challenging to do this but with Blockshipping’s registry and tracking facilities, they plan to facilitate this more easily and save up to $750m per year. - Reduce Container Fleet —currently companies simply don’t know where a lot of their containers are due to a lack of tracking and therefore have oversupply issues. Blockshipping’s technology would allow a reduction of 15–20% in container numbers by using real-time tracking information. - Automated Processes — outdated businesses processes involve lots of paperwork and inefficiencies. Again Blockshipping’s approach would tackle these with automated technologies, providing considerable savings in the process. So as you can see, they would provide multiple benefits to the shipping container industry and radically reduce costs and inefficiencies. If successful they could transform a huge market, which would be quite an achievement. # The Token Model — Two Tokens As mentioned earlier, one of the most exciting aspects of the Blockshipping project is that they are offering a token with payout. However, there are in fact two tokens being provided by the Blockshipping project. These are: - Container Crypto Coin (CCC) — an ERC-20 Ethereum-based token with revenues from the project shared with token holders. - Container Platform Token (CPT) — these are the tokens that will be used internally on the platform to pay transaction fees and will have a fixed value in US Dollar terms. In terms of the CCC, the rewards were initially planned to be based on a sliding scale, but Blockshipping have recently revised the token model to a simpler one. Now it will simply be that if revenues are below $30.8m, the CCC owners will be rewarded 20% of the revenue. Thereafter, 3% of revenue will be distributed to CCC owners. So they estimate that payouts could start out at a yearly ROI of around 1.42% in 2019, growing to over 19.43% p.a. by 2022. This all depends of course on how much revenue they generate, which remains to be seen but it is good to see they are offering a revenue-sharing model. They plan to pay out the revenue in CCC tokens via a reverse Dutch auction model (once all the CCCs are used up). # ICO Details The public sale begins on 14th May 2018, with the pre-sale already underway. The key information for the ICO is as follows: · Start date:14 May 2018 · End date: 14th June 2018 · Token: Container Crypto Coin (CCC) · Platform: Ethereum ERC-20 · Price: Fixed at $0.62 per CCC throughout token sale · Soft cap: n/a · Hard cap: 40m tokens, $24.8m · Currencies accepted: ETH, BTC · Minimum investment: $100 equivalent # Token distribution Tokens will be allocated as follows: · Pre-sale: 10% · Token sale: 70% · Founders and employees: 5% · Advisors and partners: 10% · Bonus for pre- and public sales: 5% # ICO Ratings The ICO has received some very good ratings from ICO review sites, including the following:- ICO Bench: 4/5 Track ICO: 5/5 ICO Street: 4.8/5 ICO Marks: 8.3/10 ICO Bazaar: 4/5 Found ICO: 7.8/10 Overall then a strong set of ratings there, ranging from good to excellent. # Conclusion This is an impressive project from a genuine company with a great deal of experience in their field. The team looks strong and they have already secured backing from the Danish Maritime Foundation amongst others. The shipping container industry does seem like an industry ripe for disruption and Blockshipping have identified some key areas where technology and blockchain could help address inefficiencies. From that point of view it is well-thought out and the Whitepaper is very comprehensive. They have an ambitious goal to achieve 60% market penetration of 16 million containers being covered within 4 years. Whether this will be achieved remains to be seen, but apparently they already have strong interest from some of the world’s largest shipping container companies. It is good to see a revenue sharing model included in the business plan, although it is a shame that the percentage shared with token holders will decrease as revenue increases. It would have been better to see this remain at 20%, or at least not drop so dramatically, but no doubt they have to factor in the revenue share in their business models to ensure they are still profitable. In any event, this looks like one of the stronger ICOs there has been recently and I would not be surprised to see it sell out. You can check out the Blockshipping ICO [here](https://www.blockshipping.io/), join them on Telegram [here](https://t.me/joinchat/HWi2Gw9VvUw1U5lZObNS2w) and follow their announcements on bitcointalk [here](https://bitcointalk.org/index.php?topic=3502572.0). Article by [cryptodan21](https://bitcointalk.org/index.php?action=profile;u=1487332)
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      "body": "![Blockshipping pic.png](https://cdn.steemitimages.com/DQmeSJUbD8ajEqribqM87733dNTuAPX6d9CLmw7t2E1UMty/Blockshipping%20pic.png)\n\nShipping containers may not sound like the most exciting thing in the world, but there is an ICO about to get underway that looks very promising indeed and it is called Blockshipping.io.\n\nCurrently there are significant problems in the shipping container industry, with large inefficiencies and a number of companies facing financial difficulties.\n\nBlockshipping are proposing a new blockchain-based solution to these various inefficiencies and estimate they could save the industry over $5.7bn per year, as well as reducing global CO2 emissions by more than 4.6m tonnes annually. So this could be a win-win for the shipping industry and the planet — as well as potentially for investors in the ICO.\n\nWhat is particularly interesting about this ICO is that they are offering a token with a payout, which as followers of my Crypto Dividends Portfolio will know, I am a big fan of.\n\nSo below I will take a look at what Blockshipping is all about, how their system will work and details of the ICO.\n\n# What Blockshipping Is All About\nThe global container shipping industry currently makes up about 60% of seaborne trade and its value is estimated at $12tn per year. However, the industry is rife with inefficiencies and faces problems of overcapacity, security threats, a lack of digitisation and increasing environmental regulation.\n\nBlockshipping are proposing a new system — the Global Shared Container Platform (or GSCP for short) — and it will provide solutions to a myriad of problems, namely:\n\n- A Complete Registry — surprisingly, at the moment there is no registry or tracking system for the 27 million shipping containers around the world. So Blockshipping intend to create such a register, which will allow the locations of all the containers to be tracked using IoT technology.\n- Payment Platform — Blockshipping will povide a payment platform for all parties, allowing a much simpler process, reducing admin and costs.\n- Greybox Opportunity — at the moment, a lot of containers are left empty or half-empty, costing up to $5bn per year. Using Blockshipping’s trusted platform, companies will be able to match up opportunities where they can share containers or use empty ones.\n- Street Turn Opportunity — the term “street turn” means empty containers are moved from importers to exporters without an intermediate stop at a port or inland depot. Currently it is challenging to do this but with Blockshipping’s registry and tracking facilities, they plan to facilitate this more easily and save up to $750m per year.\n- Reduce Container Fleet —currently companies simply don’t know where a lot of their containers are due to a lack of tracking and therefore have oversupply issues. Blockshipping’s technology would allow a reduction of 15–20% in container numbers by using real-time tracking information.\n- Automated Processes — outdated businesses processes involve lots of paperwork and inefficiencies. Again Blockshipping’s approach would tackle these with automated technologies, providing considerable savings in the process.\n\nSo as you can see, they would provide multiple benefits to the shipping container industry and radically reduce costs and inefficiencies. If successful they could transform a huge market, which would be quite an achievement.\n\n# The Token Model — Two Tokens\nAs mentioned earlier, one of the most exciting aspects of the Blockshipping project is that they are offering a token with payout. However, there are in fact two tokens being provided by the Blockshipping project. These are:\n\n- Container Crypto Coin (CCC) — an ERC-20 Ethereum-based token with revenues from the project shared with token holders.\n- Container Platform Token (CPT) — these are the tokens that will be used internally on the platform to pay transaction fees and will have a fixed value in US Dollar terms.\n\nIn terms of the CCC, the rewards were initially planned to be based on a sliding scale, but Blockshipping have recently revised the token model to a simpler one.\n\nNow it will simply be that if revenues are below $30.8m, the CCC owners will be rewarded 20% of the revenue. Thereafter, 3% of revenue will be distributed to CCC owners.\n\nSo they estimate that payouts could start out at a yearly ROI of around 1.42% in 2019, growing to over 19.43% p.a. by 2022. This all depends of course on how much revenue they generate, which remains to be seen but it is good to see they are offering a revenue-sharing model.\n\nThey plan to pay out the revenue in CCC tokens via a reverse Dutch auction model (once all the CCCs are used up).\n\n# ICO Details\nThe public sale begins on 14th May 2018, with the pre-sale already underway. The key information for the ICO is as follows:\n\n· Start date:14 May 2018\n\n· End date: 14th June 2018\n\n· Token: Container Crypto Coin (CCC)\n\n· Platform: Ethereum ERC-20\n\n· Price: Fixed at $0.62 per CCC throughout token sale\n\n· Soft cap: n/a\n\n· Hard cap: 40m tokens, $24.8m\n\n· Currencies accepted: ETH, BTC\n\n· Minimum investment: $100 equivalent\n\n# Token distribution\nTokens will be allocated as follows:\n\n· Pre-sale: 10%\n\n· Token sale: 70%\n\n· Founders and employees: 5%\n\n· Advisors and partners: 10%\n\n· Bonus for pre- and public sales: 5%\n\n# ICO Ratings\nThe ICO has received some very good ratings from ICO review sites, including the following:-\n\nICO Bench: 4/5\nTrack ICO: 5/5\nICO Street: 4.8/5\nICO Marks: 8.3/10\nICO Bazaar: 4/5\nFound ICO: 7.8/10\n\nOverall then a strong set of ratings there, ranging from good to excellent.\n\n# Conclusion\nThis is an impressive project from a genuine company with a great deal of experience in their field. The team looks strong and they have already secured backing from the Danish Maritime Foundation amongst others.\n\nThe shipping container industry does seem like an industry ripe for disruption and Blockshipping have identified some key areas where technology and blockchain could help address inefficiencies. From that point of view it is well-thought out and the Whitepaper is very comprehensive.\n\nThey have an ambitious goal to achieve 60% market penetration of 16 million containers being covered within 4 years. Whether this will be achieved remains to be seen, but apparently they already have strong interest from some of the world’s largest shipping container companies.\n\nIt is good to see a revenue sharing model included in the business plan, although it is a shame that the percentage shared with token holders will decrease as revenue increases. It would have been better to see this remain at 20%, or at least not drop so dramatically, but no doubt they have to factor in the revenue share in their business models to ensure they are still profitable.\n\nIn any event, this looks like one of the stronger ICOs there has been recently and I would not be surprised to see it sell out.\n\nYou can check out the Blockshipping ICO [here](https://www.blockshipping.io/), join them on Telegram [here](https://t.me/joinchat/HWi2Gw9VvUw1U5lZObNS2w) and follow their announcements on bitcointalk [here](https://bitcointalk.org/index.php?topic=3502572.0). \n\nArticle by [cryptodan21](https://bitcointalk.org/index.php?action=profile;u=1487332)",
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2018/06/17 08:22:27
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2018/06/15 08:35:03
authorcryptodan21
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2018/06/15 08:34:03
authorcryptodan21
body![Opiria pic 2.png](https://cdn.steemitimages.com/DQmPT5tuNtAckvssCw88KPB1jK6WD79KxF3YV3tGpDKp7kH/Opiria%20pic%202.png) The public sale for the eagerly awaited [Opiria ICO](https://bitcointalk.org/index.php?topic=3076122.0) has just got underway, with the pre-sale having recently concluded. Opiria is a platform that will allow you to complete surveys and provide data to companies, in exchange for tokens. It will allow people to control their personal data and earn some passive income from it. With personal data becoming a hot topic in recent times following a wave of scandals in which data has been misused, the Opiria ICO is very timely and is a step in the right direction. Let’s take a look at the key information you need to know ahead of the public token sale. # What Is Opiria All About? Just to recap in case you haven’t been following the project, Opiria is a company that already exists and undertakes market research for Fortune 500 companies including Mercedes, BMW, Audi and GM. Now they are launching a new cryptocurrency-based project to allow the transference of data between people and companies seamlessly over the blockchain. There will primarily be two types of data on the Opiria platform—surveys and diaries. Surveys will be more like traditional forms of market research where you answer a series of questions, whereas diaries will be giving feedback on a product over a period of time. This feedback could include text, pictures, audio and videos. Opiria even plan to add features such as eye tracking and emotion analysis to the platform to track people’s reaction to items in real time and provide that data to companies. All of this will be consent-based, so people using the platform will have complete control over what data they provide and to whom. It will also be anonymous, so on signing up you would only have to provide data such as your gender, age and country. # What Benefits do the PDATA Tokens Provide? The PDATA tokens will be the native tokens used on the Opiria platform for payment. So for example when downloading the app and signing up, you will be rewarded with tokens. Then when you provide some initial data, you will receive further tokens. And when a company wants to conduct a survey, it can contact users on the platform and ask them if want to participate in a questionnaire or diary for an agreed number of tokens. Then if you agree to that, a smart contract will be initiated on the blockchain and upon completion of the survey you will be provided with tokens. Thus the system completely takes out the middleman from the process and automates it all using blockchain technology (on the Ethereum blockchain). Opiria will hold on to some of the tokens (approximately 13%) to ensure there is always a supply for companies to use and there will be reward levels (gold, silver and bronze) for users of the platform based on how many tokens they hold. Those in the higher bands may be contacted first on some surveys, thus giving a small time advantage to those holding larger amounts of tokens. # When Does the ICO Start and Finish? The pre-sale has just finished and the main public sale is due to start on 16th June and run until 14th July. # What is the Hard Cap? The hard cap for the token sale will be $30 million, although if that target is reached in the first 5 days of the main sale the hard cap will increase to $35m. There is no soft cap as such but there was a hidden cap for the private sale. # How Much will Tokens Cost? The price of the PDATA tokens will be one token = $0.10. The price in ETH will be adjusted every day to keep to this value. # How Many PDATA Tokens Will There Be? The total token supply will be 750 million tokens, with 60% (i.e. 450 million tokens) being used during the Token Generation Event (TGE). Of the remaining tokens, 13% will go into the development fund, 20% will go to the company/team, 5% to advisors and 2% to the bounty. # Are there Any Bonuses? There will be a 15% bonus on the first day of the public token sale, reducing by 1% each day until it hits 0%. # Will Unsold Tokens Be Burned? Yes, all unsold tokens at the end of the ICO will be burned. # How Can I Participate in the Token Sale? Firstly you will need to go to the Opiria ICO page and register. Then you need to provide your KYC information. You can then buy PDATA tokens using Ethereum (ETH), Bitcoin (BTC) and Ripple (XRP). # Is there a Minimum Investment Level? At the moment there is no minimum investment level for the main public sale, but for the first 4 hours there will be a maximum investment level of 1 ETH. So those are main details for the TGE. You can check out the Opiria ICO [here](https://opiria.io/), follow them on Telegram [here](https://t.me/pdatatoken) and receive updates from them on Bitcointalk [here](https://bitcointalk.org/index.php?topic=3076122.0). If you have any questions about the ICO, please let me know in the comments below.
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permlinkopiria-public-sale-about-to-start-what-you-need-to-know
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      "body": "![Opiria pic 2.png](https://cdn.steemitimages.com/DQmPT5tuNtAckvssCw88KPB1jK6WD79KxF3YV3tGpDKp7kH/Opiria%20pic%202.png)\n\nThe public sale for the eagerly awaited [Opiria ICO](https://bitcointalk.org/index.php?topic=3076122.0) has just got underway, with the pre-sale having recently concluded.\n\nOpiria is a platform that will allow you to complete surveys and provide data to companies, in exchange for tokens. It will allow people to control their personal data and earn some passive income from it.\n\nWith personal data becoming a hot topic in recent times following a wave of scandals in which data has been misused, the Opiria ICO is very timely and is a step in the right direction.\n\nLet’s take a look at the key information you need to know ahead of the public token sale.\n\n# What Is Opiria All About?\nJust to recap in case you haven’t been following the project, Opiria is a company that already exists and undertakes market research for Fortune 500 companies including Mercedes, BMW, Audi and GM. Now they are launching a new cryptocurrency-based project to allow the transference of data between people and companies seamlessly over the blockchain.\n\nThere will primarily be two types of data on the Opiria platform—surveys and diaries. Surveys will be more like traditional forms of market research where you answer a series of questions, whereas diaries will be giving feedback on a product over a period of time. This feedback could include text, pictures, audio and videos.\n\nOpiria even plan to add features such as eye tracking and emotion analysis to the platform to track people’s reaction to items in real time and provide that data to companies.\n\nAll of this will be consent-based, so people using the platform will have complete control over what data they provide and to whom. It will also be anonymous, so on signing up you would only have to provide data such as your gender, age and country.\n\n# What Benefits do the PDATA Tokens Provide?\nThe PDATA tokens will be the native tokens used on the Opiria platform for payment. So for example when downloading the app and signing up, you will be rewarded with tokens. Then when you provide some initial data, you will receive further tokens.\n\nAnd when a company wants to conduct a survey, it can contact users on the platform and ask them if want to participate in a questionnaire or diary for an agreed number of tokens.\n\nThen if you agree to that, a smart contract will be initiated on the blockchain and upon completion of the survey you will be provided with tokens. Thus the system completely takes out the middleman from the process and automates it all using blockchain technology (on the Ethereum blockchain).\n\nOpiria will hold on to some of the tokens (approximately 13%) to ensure there is always a supply for companies to use and there will be reward levels (gold, silver and bronze) for users of the platform based on how many tokens they hold.\n\nThose in the higher bands may be contacted first on some surveys, thus giving a small time advantage to those holding larger amounts of tokens.\n\n# When Does the ICO Start and Finish?\nThe pre-sale has just finished and the main public sale is due to start on 16th June and run until 14th July.\n\n# What is the Hard Cap?\nThe hard cap for the token sale will be $30 million, although if that target is reached in the first 5 days of the main sale the hard cap will increase to $35m. There is no soft cap as such but there was a hidden cap for the private sale.\n\n# How Much will Tokens Cost?\nThe price of the PDATA tokens will be one token = $0.10. The price in ETH will be adjusted every day to keep to this value.\n\n# How Many PDATA Tokens Will There Be?\nThe total token supply will be 750 million tokens, with 60% (i.e. 450 million tokens) being used during the Token Generation Event (TGE).\n\nOf the remaining tokens, 13% will go into the development fund, 20% will go to the company/team, 5% to advisors and 2% to the bounty.\n\n# Are there Any Bonuses?\nThere will be a 15% bonus on the first day of the public token sale, reducing by 1% each day until it hits 0%.\n\n# Will Unsold Tokens Be Burned?\nYes, all unsold tokens at the end of the ICO will be burned.\n\n# How Can I Participate in the Token Sale?\nFirstly you will need to go to the Opiria ICO page and register.\n\nThen you need to provide your KYC information.\n\nYou can then buy PDATA tokens using Ethereum (ETH), Bitcoin (BTC) and Ripple (XRP).\n\n# Is there a Minimum Investment Level?\nAt the moment there is no minimum investment level for the main public sale, but for the first 4 hours there will be a maximum investment level of 1 ETH.\n\nSo those are main details for the TGE.\n\nYou can check out the Opiria ICO [here](https://opiria.io/), follow them on Telegram [here](https://t.me/pdatatoken) and receive updates from them on Bitcointalk [here](https://bitcointalk.org/index.php?topic=3076122.0).\n\nIf you have any questions about the ICO, please let me know in the comments below.",
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2018/06/11 21:20:12
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2018/06/11 20:48:06
authorcryptodan21
body![Global-REIT-ICO pic.jpg](https://cdn.steemitimages.com/DQmWeVjW5tjQ8WhbvgTcjn4UGr7qdf4c1WB7GFxh4sW1knw/Global-REIT-ICO%20pic.jpg) As regular followers will know I am a big fan of cryptocurrencies that pay dividends, so have been taking a look at the [Global REIT ICO](,https://www.globalreit.io/), which is aiming to combine property investment with the blockchain. This is an interesting project as it is aiming to pay a regular monthly dividend at an equivalent rate of 8% per annum and it is based on real-world assets rather than some of the more speculative cryptos that aim to pay dividends but haven’t yet delivered (some of which I am invested in). So I thought it would be worth delving a little deeper into what Global REIT have planned and where they are going with their Roadmap. But first, let’s just have a quick look at what the project is all about. # What Global REIT Is All About REIT stands for Real Estate Investment Trust and they are traditional financial instruments that allow investors the opportunity to invest in real estate without needing to actually lay down hundreds of thousands of dollars on buying a property or land and having to put up with the hassle of managing it. Instead, you can buy shares in a REIT, which is a company that will buy and manage properties on investors’ behalf, bringing together millions or even billions dollars of funds together to do so. Investors then receive dividend income from the rent, interest payments and capital profits the REIT accumulates. Some of the world’s biggest REITs include: - **Public Storage (PSA)** — listed on the New York Stock Exchange, invests in storage facilities (as the name suggests!). Market Cap: $37bn. - **Equity Residential (EQR)** — listed on the New York Stock Exchange, invests in multifamily properties. Market Cap: $25bn. - **Health Care REIT (WELL)** — listed on the New York Stock Exchange, invests in nursing homes and healthcare facilities. Market Cap: $22bn. Global REIT (Global Real Estate Investment Trust) will seek to integrate this classical REIT model with the blockchain. They will purchase a range of property assets including hotels, residential homes, and shopping malls financed by the ICO. The benefits of Global REIT as opposed to a traditional REIT will be that they will offer token holders access to assets including free stays at Hospitality Assets such as hotels; there will be reward points which you can exchange for services; you can receive a share of the fund management income — and there will be monthly rather than the quarterly dividends normally received with REITs. # The Roadmap for Global REIT OK so that’s what Global REIT is all about and what its benefits are, but what about the roadmap? What are their plans going forward? The blockchain technology for the platform has already been developed and was completed in February of this year, with the concept having been created late last year. They are already planning to purchase their first asset, which will be Mysk Hotel by Shaza in Dubai, valued at $75m, pictured below. ![Global reit hotel mysk.jpg](https://cdn.steemitimages.com/DQmabKQQEg9xUfxqKpRTcFBigidnKm5tXgkyWTGWSKJjHxC/Global%20reit%20hotel%20mysk.jpg) The hotel is along the world-famous Palm Jumeirah and is just 20 minutes from Dubai international airport. They are aiming to start with an average annual occupancy rate of 75% in the first year, reaching 85% per year within two years. They are anticipating room rates to average around $300 per night by the second year, thus providing very decent income from this first asset under management (AUM). Resulting from all this, they expect the first asset will be secured on an 8% yield locked in for 5 years. Global REIT aim for the first dividend distribution to be made as early as July, so just after the ICO has been completed. This would be a great boost for investors if they are able to keep to this timetable. Following that, the key milestones on the Roadmap are as follows:- - **August 2018**: Purchase or residential building for $225 million in the UAE - **October 2018**: Purchase of shopping mall in the UAE - **December 2018**: Purchase of the second hotel, which will be in the UK. So by the end of this year they should have four assets under management in a variety of different property classes. # Longer Term Plans Following these initial planned purchases, they plan to diversify the portfolio to derisk it as much as possible in terms of global economic conditions. They plan to purchase a range of different property types including hotels, shopping malls, residential and commercial properties, hospitals and warehouses in a variety of different locations. Global REIT will appoint an Independent Investment Committee to evaluate potential assets they could purchase, whilst keeping in mind the overall objective to maximise returns for investors. # Conclusion So those are the plans for Global REIT as far as they are spelled out in the White Paper and on the website. It is good to see that they already have a series of targets identified and are ready to start rolling out dividends already next month. REITs are well-established investment vehicles with many operating successfully around the world, so this is a tried-and-tested investment method. Whether Global REIT can execute successfully remains to be seen, but they have some ambitious plans in place and there is certainly something to be said for investing in concrete assets like property rather than the more intangible things that are sometimes involved in cryptocurrency projects. You can check out the Global Reit ICO [here](https://www.globalreit.io/), join them on Telegram [here](https://t.me/GlobalReit) and follow their announcements on bitcointalk [here](https://bitcointalk.org/index.php?topic=3341986.msg34966361#msg34966361).
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parent permlinkcryptocurrency
permlinkglobal-reit-ico-taking-a-look-at-the-roadmap
titleGlobal REIT ICO — Taking A Look at the Roadmap
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      "author": "cryptodan21",
      "body": "![Global-REIT-ICO pic.jpg](https://cdn.steemitimages.com/DQmWeVjW5tjQ8WhbvgTcjn4UGr7qdf4c1WB7GFxh4sW1knw/Global-REIT-ICO%20pic.jpg)\n\nAs regular followers will know I am a big fan of cryptocurrencies that pay dividends, so have been taking a look at the [Global REIT ICO](,https://www.globalreit.io/), which is aiming to combine property investment with the blockchain.\n\nThis is an interesting project as it is aiming to pay a regular monthly dividend at an equivalent rate of 8% per annum and it is based on real-world assets rather than some of the more speculative cryptos that aim to pay dividends but haven’t yet delivered (some of which I am invested in).\n\nSo I thought it would be worth delving a little deeper into what Global REIT have planned and where they are going with their Roadmap.\n\nBut first, let’s just have a quick look at what the project is all about.\n\n# What Global REIT Is All About\nREIT stands for Real Estate Investment Trust and they are traditional financial instruments that allow investors the opportunity to invest in real estate without needing to actually lay down hundreds of thousands of dollars on buying a property or land and having to put up with the hassle of managing it.\n\nInstead, you can buy shares in a REIT, which is a company that will buy and manage properties on investors’ behalf, bringing together millions or even billions dollars of funds together to do so. Investors then receive dividend income from the rent, interest payments and capital profits the REIT accumulates.\n\nSome of the world’s biggest REITs include:\n\n- **Public Storage (PSA)** — listed on the New York Stock Exchange, invests in storage facilities (as the name suggests!). Market Cap: $37bn.\n- **Equity Residential (EQR)** — listed on the New York Stock Exchange, invests in multifamily properties. Market Cap: $25bn.\n- **Health Care REIT (WELL)** — listed on the New York Stock Exchange, invests in nursing homes and healthcare facilities. Market Cap: $22bn.\n\nGlobal REIT (Global Real Estate Investment Trust) will seek to integrate this classical REIT model with the blockchain. They will purchase a range of property assets including hotels, residential homes, and shopping malls financed by the ICO.\n\nThe benefits of Global REIT as opposed to a traditional REIT will be that they will offer token holders access to assets including free stays at Hospitality Assets such as hotels; there will be reward points which you can exchange for services; you can receive a share of the fund management income — and there will be monthly rather than the quarterly dividends normally received with REITs.\n\n# The Roadmap for Global REIT\nOK so that’s what Global REIT is all about and what its benefits are, but what about the roadmap? What are their plans going forward?\n\nThe blockchain technology for the platform has already been developed and was completed in February of this year, with the concept having been created late last year.\n\nThey are already planning to purchase their first asset, which will be Mysk Hotel by Shaza in Dubai, valued at $75m, pictured below.\n\n![Global reit hotel mysk.jpg](https://cdn.steemitimages.com/DQmabKQQEg9xUfxqKpRTcFBigidnKm5tXgkyWTGWSKJjHxC/Global%20reit%20hotel%20mysk.jpg)\n\nThe hotel is along the world-famous Palm Jumeirah and is just 20 minutes from Dubai international airport. They are aiming to start with an average annual occupancy rate of 75% in the first year, reaching 85% per year within two years.\n\nThey are anticipating room rates to average around $300 per night by the second year, thus providing very decent income from this first asset under management (AUM). Resulting from all this, they expect the first asset will be secured on an 8% yield locked in for 5 years.\n\nGlobal REIT aim for the first dividend distribution to be made as early as July, so just after the ICO has been completed. This would be a great boost for investors if they are able to keep to this timetable.\n\nFollowing that, the key milestones on the Roadmap are as follows:-\n\n- **August 2018**: Purchase or residential building for $225 million in the UAE\n- **October 2018**: Purchase of shopping mall in the UAE\n- **December 2018**: Purchase of the second hotel, which will be in the UK.\n\nSo by the end of this year they should have four assets under management in a variety of different property classes.\n\n# Longer Term Plans\nFollowing these initial planned purchases, they plan to diversify the portfolio to derisk it as much as possible in terms of global economic conditions. They plan to purchase a range of different property types including hotels, shopping malls, residential and commercial properties, hospitals and warehouses in a variety of different locations.\n\nGlobal REIT will appoint an Independent Investment Committee to evaluate potential assets they could purchase, whilst keeping in mind the overall objective to maximise returns for investors.\n\n# Conclusion\nSo those are the plans for Global REIT as far as they are spelled out in the White Paper and on the website.\n\nIt is good to see that they already have a series of targets identified and are ready to start rolling out dividends already next month.\n\nREITs are well-established investment vehicles with many operating successfully around the world, so this is a tried-and-tested investment method.\n\nWhether Global REIT can execute successfully remains to be seen, but they have some ambitious plans in place and there is certainly something to be said for investing in concrete assets like property rather than the more intangible things that are sometimes involved in cryptocurrency projects.\n\nYou can check out the Global Reit ICO [here](https://www.globalreit.io/), join them on Telegram [here](https://t.me/GlobalReit) and follow their announcements on bitcointalk [here](https://bitcointalk.org/index.php?topic=3341986.msg34966361#msg34966361).",
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2018/06/09 12:25:00
authorcryptodan21
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2018/06/09 12:24:36
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2018/06/09 12:24:03
authorcryptodan21
body![Multiven ICO pic.jpeg](https://cdn.steemitimages.com/DQmNtmb7Jx3aMoiabdJwnJospYhmA7Pn6x6ksfrZU45fxH2/Multiven%20ICO%20pic.jpeg) Today we are going to take a look at the [Multiven ICO](https://www.multiven.io/), which is a blockchain-based marketplace for IT products and services. Multiven started life as a silicon valley based cloud computing business in 2005 and currently provides decentralized cyber-defence services and software integrity maintenance of IP-enabled devices that constitute the internet infrastructure. The Multiven project aims to use AI to defend Bitcoin and other cryptocurrency nodes from cyber attack; maintain software integrity related to non-blockchain networks; map every device on the internet; create a blockchain based P2P marketplace; and create a Bitcoin nodes in orbit (NiO) as an untouchable extension of the global node network. # Technology There are several interrelated strings to Multiven’ s bow. The main ones are: **Multiven Open Marketplace** The Multiven Open Marketplace (MOM) will be a blockchain based marketplace for buying and selling IT-based products and services. Based on smart contracts, it is a P2P marketplace that involves no third parties. The only currency of exchange and for financing blockchain transactions will be MultiCoin. Multiven anticipates that transactions processed in MOM will grow rapidly: · 2019 — $300,000,000 · 2021 — $30,000,000,000 · 2023 — $90,000,000,000 **Monitoring cryptocurrency nodes** 70% of the world’s internet routers and switches are manufactured by Cisco Systems and are run using Cisco IOS, thus out of every 10 Bitcoin and other cryptocurrency nodes, seven are controlled by Cisco. However, given that these nodes are concentrated geographically, around 90% of them are Cisco controlled. This presents a potential vulnerability to attack, possibly exploiting a network backdoor. Multiven aims to monitor in real time and defend every cryptocurrency node and their internet gateways as a free service. **Nodes in Orbit (NiO)** Multiven plans to create space-borne networking platforms, and platforms that can defend themselves against threats, both natural and human. It is planned to launch nine such nodes into Earth orbit by 2022. **Mapping the internet** Already Multiven has mapped over 1.5 million networked devices including their geolocations and complete physical and software profiles. The Map-the-internet project will transfer this data to the blockchain while continuing to add many additional devices, aiming ultimately to map the whole internet on the blockchain. This will provide a backup resource in case of successful attack. Third parties will be able to access this data in exchange for MultiCoin. # Timeline The Multiven platform was launched in 2005 and gained Lucent Technologies as its first large customer in 2007. Between 2008 and 2014 various legal battles took place regarding Cisco which eventually favoured Multiven. The Multiven HQ relocated to the Netherlands in 2015, and a Paris based sales office was launched in 2016. During development of the Multiven marketplace was initiated. Future milestones include: · Q1 2018: ICO Public Sale · Q2 2018: CyberDefense and monitoring of cryptocurrency nodes commences · Q2 2018: Nodes-in-Orbit (NiO) project initiated · Q3 2018: MOM Testing and Security Audit · Q4 2018: Alfa launch of MOM · Q1 2019: Stable version of MOM · Q1 2019: MOM Wallet launch · Q2 2019: MOM Platform and Trading launch · Q2 2019: Map-the-Internet project commences · Q3 2022: Launch of Bitcoin Nodes-in-Orbit (NiO) # ICO The ICO will take place in 4 separate rounds. These are: - **Round 1**: 9th March to 6th June; 30 million tokens available — 25% bonus. Max cap per investor: 1,000 ETH + bonus - **Round 2**: 7th June to 7th August; 40 million tokens available — 20% bonus. Max cap per investor: 500 ETH + bonus - **Round 3**: 8th August to 8th September; 60 million tokens available — 15% bonus. Max cap per investor: 250 ETH + bonus - **Round 4**: 9th September to 9th October; 70 million tokens available — 0% bonus. Max cap per investor: 50 ETH Additional key details include: · Token: MTC · Token Type: ERC-20 · ICO Price: €0.50 · Total Token Supply: 2 000 000 000 (2 billion) · Available for Sale in ICO: 200 000 000 (10%) · Accepted payments: Ether, BTC, and Shapeshift cryptocurrencies · Funding Goal: €50 Million # ICO Ratings The ICO has been reviewed by ICO rating sites and has received generally good ratings. Here are some of the main ones: - Track ICO: 4.6/5 - ICO Bench: 4.1/5 - Coinmarketplus: 8.9/10 - Found ICO: 6.9/10 - ICO Marks: 8.4/10 So some solid ratings there and the project seems to be generally well received. # Conclusion — Multiven ICO It is good to see that some people are thinking about how to secure the blockchain and its related infrastructure from cyber attack and Multiven should be given credit for that. It is an ambitious programme — particularly putting nodes into space — but this is a real company with considerable experience in their field so it would not be surprising to see them executing successfully. It will be interesting to watch this project develop and hopefully it will result in great security for cryptocurrencies and the blockchain, which would be welcome for everyone. You can check out the Multiven ICO [here](https://www.multiven.io/), follow them on Telegram [here](https://t.me/MultivenOfficialGroup) and on Twitter [here](https://twitter.com/multivengroup). Article by [cryptodan21](https://bitcointalk.org/index.php?action=profile;u=1487332).
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      "body": "![Multiven ICO pic.jpeg](https://cdn.steemitimages.com/DQmNtmb7Jx3aMoiabdJwnJospYhmA7Pn6x6ksfrZU45fxH2/Multiven%20ICO%20pic.jpeg)\n\nToday we are going to take a look at the [Multiven ICO](https://www.multiven.io/), which is a blockchain-based marketplace for IT products and services.\n\nMultiven started life as a silicon valley based cloud computing business in 2005 and currently provides decentralized cyber-defence services and software integrity maintenance of IP-enabled devices that constitute the internet infrastructure.\n\nThe Multiven project aims to use AI to defend Bitcoin and other cryptocurrency nodes from cyber attack; maintain software integrity related to non-blockchain networks; map every device on the internet; create a blockchain based P2P marketplace; and create a Bitcoin nodes in orbit (NiO) as an untouchable extension of the global node network.\n\n# Technology\nThere are several interrelated strings to Multiven’ s bow. The main ones are:\n\n**Multiven Open Marketplace**\n\nThe Multiven Open Marketplace (MOM) will be a blockchain based marketplace for buying and selling IT-based products and services. Based on smart contracts, it is a P2P marketplace that involves no third parties. The only currency of exchange and for financing blockchain transactions will be MultiCoin. Multiven anticipates that transactions processed in MOM will grow rapidly:\n\n· 2019 — $300,000,000\n\n· 2021 — $30,000,000,000\n\n· 2023 — $90,000,000,000\n\n**Monitoring cryptocurrency nodes**\n\n70% of the world’s internet routers and switches are manufactured by Cisco Systems and are run using Cisco IOS, thus out of every 10 Bitcoin and other cryptocurrency nodes, seven are controlled by Cisco. However, given that these nodes are concentrated geographically, around 90% of them are Cisco controlled.\n\nThis presents a potential vulnerability to attack, possibly exploiting a network backdoor. Multiven aims to monitor in real time and defend every cryptocurrency node and their internet gateways as a free service.\n\n**Nodes in Orbit (NiO)**\n\nMultiven plans to create space-borne networking platforms, and platforms that can defend themselves against threats, both natural and human. It is planned to launch nine such nodes into Earth orbit by 2022.\n\n**Mapping the internet**\n\nAlready Multiven has mapped over 1.5 million networked devices including their geolocations and complete physical and software profiles.\n\nThe Map-the-internet project will transfer this data to the blockchain while continuing to add many additional devices, aiming ultimately to map the whole internet on the blockchain. This will provide a backup resource in case of successful attack. Third parties will be able to access this data in exchange for MultiCoin.\n\n# Timeline\nThe Multiven platform was launched in 2005 and gained Lucent Technologies as its first large customer in 2007. Between 2008 and 2014 various legal battles took place regarding Cisco which eventually favoured Multiven.\n\nThe Multiven HQ relocated to the Netherlands in 2015, and a Paris based sales office was launched in 2016. During development of the Multiven marketplace was initiated. Future milestones include:\n\n· Q1 2018: ICO Public Sale\n\n· Q2 2018: CyberDefense and monitoring of cryptocurrency nodes commences\n\n· Q2 2018: Nodes-in-Orbit (NiO) project initiated\n\n· Q3 2018: MOM Testing and Security Audit\n\n· Q4 2018: Alfa launch of MOM\n\n· Q1 2019: Stable version of MOM\n\n· Q1 2019: MOM Wallet launch\n\n· Q2 2019: MOM Platform and Trading launch\n\n· Q2 2019: Map-the-Internet project commences\n\n· Q3 2022: Launch of Bitcoin Nodes-in-Orbit (NiO)\n\n# ICO\nThe ICO will take place in 4 separate rounds. These are:\n\n- **Round 1**: 9th March to 6th June; 30 million tokens available — 25% bonus. Max cap per investor: 1,000 ETH + bonus\n- **Round 2**: 7th June to 7th August; 40 million tokens available — 20% bonus. Max cap per investor: 500 ETH + bonus\n- **Round 3**: 8th August to 8th September; 60 million tokens available — 15% bonus. Max cap per investor: 250 ETH + bonus\n- **Round 4**: 9th September to 9th October; 70 million tokens available — 0% bonus. Max cap per investor: 50 ETH\n\nAdditional key details include:\n\n· Token: MTC\n\n· Token Type: ERC-20\n\n· ICO Price: €0.50\n\n· Total Token Supply: 2 000 000 000 (2 billion)\n\n· Available for Sale in ICO: 200 000 000 (10%)\n\n· Accepted payments: Ether, BTC, and Shapeshift cryptocurrencies\n\n· Funding Goal: €50 Million\n\n# ICO Ratings\nThe ICO has been reviewed by ICO rating sites and has received generally good ratings. Here are some of the main ones:\n\n- Track ICO: 4.6/5\n- ICO Bench: 4.1/5\n- Coinmarketplus: 8.9/10\n- Found ICO: 6.9/10\n- ICO Marks: 8.4/10\n\nSo some solid ratings there and the project seems to be generally well received.\n\n# Conclusion — Multiven ICO\nIt is good to see that some people are thinking about how to secure the blockchain and its related infrastructure from cyber attack and Multiven should be given credit for that.\n\nIt is an ambitious programme — particularly putting nodes into space — but this is a real company with considerable experience in their field so it would not be surprising to see them executing successfully.\n\nIt will be interesting to watch this project develop and hopefully it will result in great security for cryptocurrencies and the blockchain, which would be welcome for everyone.\n\nYou can check out the Multiven ICO [here](https://www.multiven.io/), follow them on Telegram [here](https://t.me/MultivenOfficialGroup) and on Twitter [here](https://twitter.com/multivengroup).\n\nArticle by [cryptodan21](https://bitcointalk.org/index.php?action=profile;u=1487332).",
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2018/06/06 21:32:48
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2018/06/06 20:59:12
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2018/06/06 20:58:48
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2018/06/06 20:57:21
authorcryptodan21
body![Opiria io pic.png](https://cdn.steemitimages.com/DQmbVYWKfvXpEFZ55yHWqWN6t5jFoG1PMHgHBZrXC8ZGrfu/Opiria%20io%20pic.png) Personal data has become a hot topic recently with the new GDPR regulations from the EU and the Facebook scandal involving Cambridge Analytica. Personal data is very much the “oil” of the 21st Century, worth an estimated **$250 billion** per year. At the moment though, the industry is tainted by secrecy, with a great deal of personal data effectively stolen by brokers and “middlemen” who then package it up and sell it on to big corporations for profit. With the GDPR regulations, this will become increasingly difficult for them to do and will in many cases be outright illegal. So stepping into the breach is [Opiria](https://opiria.io/), a company that is having its ICO at the moment. Opiria will enable the trading of personal data securely and legally over the blockchain. People will be able to sell their data to companies anonymously and securely on Opiria’s platform, so they will benefit directly from their own data, where as at the moment in the vast majority of cases they don’t. In this way Opiria could provide a passive income for people who choose to provide their data to organisations on the platform, in a way that is transparent, open and legal. Below let’s take a look at how this will work and how you can earn a passive income with Opiria. # The Opiria Platform — How it Will Work OK, so let’s say you wanted to earn some income from Opiria in exchange for your data. How would it work? Well, here are the key steps you would go through: - First, you would download their app to your smartphone. - Then you would create a profile with information such as your gender, age and country. - You will receives an initial reward from the platform (in PDATA tokens — the native tokens on the Opiria platform) just for installing the Opiria app as well as for signing up and disclosing personal data. - Companies can then access users and ask them to complete either a mobile survey or a mobile diary (more on that below). - You would receive a notification from a company with an offer to complete a survey (or diary). - An offer would for example ask you to submit certain data and offer you a certain number of PDATA tokens for it. You can then choose to accept or reject the offer. - If you accept the offer, the platform will initiate a smart contract on the blockchain for the agreed number of tokens to be transferred to you upon provision of the specified data. - Then once you have enough tokens in your account, you can cash them out for fiat currency based on the current market price. - Opiria will aggregate all the responses received for the survey in question automatically and present them visually in table and chart form to the company or organisation concerned. So as you can see, it is a completely automated process all executed transparently and efficiently on the blockchain. There is no need for a middleman and rather than having to wait 6 weeks for results, companies can get them 50–100 faster at just 5% of the cost of normal market research. You will be able to choose exactly what data you wish to disclose and to whom, which is a big improvement over the current situation where dodgy data brokers like Cambridge Analytica gather data on people and then sell it onto whomever they please. And it will be anonymous so you won’t need to disclose personal information that you may wish to keep private. In terms of receiving income, it will all be seamless and straightforward on the blockchain so no need to wait for payments or be unsure how much you will receive for providing data. # What Kind of Data Can You Disclose? As mentioned above, there will be two main types of data on the Opiria platform. One will be mobile surveys and the other will be mobile diaries. Here is how both will work: - **The Mobile Survey**: this would tend to be more of a typical survey like the ones undertaken for market research today, where you would answer a question or set of questions. For example, it could be which particular iPhone design you prefer from a choice of three. - **The Mobile Diary**: you would provide feedback on a product or a service and what your experience of it has been over a given period of time. This feedback could include text, pictures, audio and videos. Opiria are also aiming to add the option of objective consumer behavior data to the platform by September 2018. This would include adding eye tracking and emotion analysis. The eye tracking option would follow your gaze behaviour when looking at stimuli (e.g. videos or pictures) within a survey or when browsing the internet, playing games or interacting with software. The facial expression option will analyse how consumers interact with a website or view an advertisement and how that influences their emotions. Whilst this would present excellent and insightful data for companies, it may be more information than some people would want to provide. Of course, with the Opiria platform it is completely up to you what data you provide so if you would prefer not to provide eye tracking and emotion analysis data then that is your choice. # Conclusion — A Brave New World for Data Ownership The idea behind Opiria is a timely one given all the concerns the public have expressed recently following the Facebook — Cambridge Analytica scandal. People rightly feel they should control their own data and unwanted parties should not be allowed to access it and profit from it. The recent introduction of the GDPR rules in the EU has reinforced this notion. Opiria will address these concerns with a platform that will allow people to sell their data to companies and organisations in exchange for PData tokens in a safe, transparent way. People will have full control of their data and what they release to whom and when. So this could be a nice way to earn an extra bit of income. Of course the $64,000 question will be how much income you could earn, but if there is a big take-up of the Opiria platform, then with a fixed token supply and people holding on to some of their tokens, the value could increase significantly over time. Obviously there are no guarantees that will happen, but there is the possibility that rewards on the Opiria platform will be more than for completing traditional surveys. Either way it looks like a really interesting project and let’s hope it ushers in a new era of data rights for the public and we see the end of companies like Cambridge Analytica. You can check out the Opiria ICO [here](https://opiria.io/), follow them on Telegram [here](https://t.me/pdatatoken) and receive updates from them on Bitcointalk [here](https://bitcointalk.org/index.php?topic=3076122.new#new).
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titleHow to Earn a Passive Income from your Personal Data with Opiria
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      "author": "cryptodan21",
      "body": "![Opiria io pic.png](https://cdn.steemitimages.com/DQmbVYWKfvXpEFZ55yHWqWN6t5jFoG1PMHgHBZrXC8ZGrfu/Opiria%20io%20pic.png)\n\nPersonal data has become a hot topic recently with the new GDPR regulations from the EU and the Facebook scandal involving Cambridge Analytica.\n\nPersonal data is very much the “oil” of the 21st Century, worth an estimated **$250 billion** per year.\n\nAt the moment though, the industry is tainted by secrecy, with a great deal of personal data effectively stolen by brokers and “middlemen” who then package it up and sell it on to big corporations for profit.\n\nWith the GDPR regulations, this will become increasingly difficult for them to do and will in many cases be outright illegal.\n\nSo stepping into the breach is [Opiria](https://opiria.io/), a company that is having its ICO at the moment.\n\nOpiria will enable the trading of personal data securely and legally over the blockchain. People will be able to sell their data to companies anonymously and securely on Opiria’s platform, so they will benefit directly from their own data, where as at the moment in the vast majority of cases they don’t.\n\nIn this way Opiria could provide a passive income for people who choose to provide their data to organisations on the platform, in a way that is transparent, open and legal.\n\nBelow let’s take a look at how this will work and how you can earn a passive income with Opiria.\n\n# The Opiria Platform — How it Will Work\nOK, so let’s say you wanted to earn some income from Opiria in exchange for your data. How would it work?\n\nWell, here are the key steps you would go through:\n\n- First, you would download their app to your smartphone.\n- Then you would create a profile with information such as your gender, age and country.\n- You will receives an initial reward from the platform (in PDATA\ntokens — the native tokens on the Opiria platform) just for installing the Opiria app as well as for signing up and disclosing personal data.\n- Companies can then access users and ask them to complete either a mobile survey or a mobile diary (more on that below).\n- You would receive a notification from a company with an offer to complete a survey (or diary).\n- An offer would for example ask you to submit certain data and offer you a certain number of PDATA tokens for it. You can then choose to accept or reject the offer.\n- If you accept the offer, the platform will initiate a smart contract on the blockchain for the agreed number of tokens to be transferred to you upon provision of the specified data.\n- Then once you have enough tokens in your account, you can cash them out for fiat currency based on the current market price.\n- Opiria will aggregate all the responses received for the survey in question automatically and present them visually in table and chart form to the company or organisation concerned.\n\nSo as you can see, it is a completely automated process all executed transparently and efficiently on the blockchain. There is no need for a middleman and rather than having to wait 6 weeks for results, companies can get them 50–100 faster at just 5% of the cost of normal market research.\n\nYou will be able to choose exactly what data you wish to disclose and to whom, which is a big improvement over the current situation where dodgy data brokers like Cambridge Analytica gather data on people and then sell it onto whomever they please. And it will be anonymous so you won’t need to disclose personal information that you may wish to keep private.\n\nIn terms of receiving income, it will all be seamless and straightforward on the blockchain so no need to wait for payments or be unsure how much you will receive for providing data.\n\n# What Kind of Data Can You Disclose?\nAs mentioned above, there will be two main types of data on the Opiria platform. One will be mobile surveys and the other will be mobile diaries. Here is how both will work:\n\n- **The Mobile Survey**: this would tend to be more of a typical survey like the ones undertaken for market research today, where you would answer a question or set of questions. For example, it could be which particular iPhone design you prefer from a choice of three.\n- **The Mobile Diary**: you would provide feedback on a product or a service and what your experience of it has been over a given period of time. This feedback could include text, pictures, audio and videos.\nOpiria are also aiming to add the option of objective consumer behavior data to the platform by September 2018. This would include adding eye tracking and emotion analysis.\n\nThe eye tracking option would follow your gaze behaviour when looking at stimuli (e.g. videos or pictures) within a survey or when browsing the internet, playing games or interacting with software. The facial expression option will analyse how consumers interact with a website or view an advertisement and how that influences their emotions.\n\nWhilst this would present excellent and insightful data for companies, it may be more information than some people would want to provide. Of course, with the Opiria platform it is completely up to you what data you provide so if you would prefer not to provide eye tracking and emotion analysis data then that is your choice.\n\n# Conclusion — A Brave New World for Data Ownership\nThe idea behind Opiria is a timely one given all the concerns the public have expressed recently following the Facebook — Cambridge Analytica scandal.\n\nPeople rightly feel they should control their own data and unwanted parties should not be allowed to access it and profit from it. The recent introduction of the GDPR rules in the EU has reinforced this notion.\n\nOpiria will address these concerns with a platform that will allow people to sell their data to companies and organisations in exchange for PData tokens in a safe, transparent way. People will have full control of their data and what they release to whom and when.\n\nSo this could be a nice way to earn an extra bit of income. Of course the $64,000 question will be how much income you could earn, but if there is a big take-up of the Opiria platform, then with a fixed token supply and people holding on to some of their tokens, the value could increase significantly over time.\n\nObviously there are no guarantees that will happen, but there is the possibility that rewards on the Opiria platform will be more than for completing traditional surveys.\n\nEither way it looks like a really interesting project and let’s hope it ushers in a new era of data rights for the public and we see the end of companies like Cambridge Analytica.\n\nYou can check out the Opiria ICO [here](https://opiria.io/), follow them on Telegram [here](https://t.me/pdatatoken) and receive updates from them on Bitcointalk [here](https://bitcointalk.org/index.php?topic=3076122.new#new).",
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2018/06/04 21:12:15
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2018/06/04 21:00:12
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2018/06/04 20:36:57
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bodyRead my profile if want me to resteem your post to over 72,500 followers. @a-0-0
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2018/06/04 20:36:39
authorcryptodan21
body![Akropolis-ico pic.jpg](https://cdn.steemitimages.com/DQmWQzRzUbkCqmbmemXD551FUZMMcgdUiJmriL747Q11Ayc/Akropolis-ico%20pic.jpg) Akropolis is a new blockchain project about to have its ICO and it is promising an entirely new way of creating a pensions infrastructure utilising the blockchain. The idea is that using blockchain will address the many faults in the current system including towering deficits between pension funds and liabilities, threatening the future of the pensions system. Proposed improvements include greater transparency, portability and reduced costs. Below we’ll take a look at what the project is all about, how it will work and details of the ICO. # The Challenge Akropolis maintains that the pension industry is flawed with the global problem of there being a deficit between its assets and liabilities and that this deficit will snowball in the future leading eventually to a worldwide financial and social crisis. The discrepancy could reach $100 trillion by 2050. The burden of managing the deficit appears to be shifting from the pension industry to the individual. Pensions funds are also being eroded by complicated and expensive fee structures plus a general lack of transparency. Akropolis plans to create a portable, transparent pension infrastructure based on blockchain technologies. Targeted users include pension funds and fund managers which will be attracted by reduced overheads and new methods of communicating with clients and promoting their products, while individuals who use the platform will benefit from more transparency and pension portability. Altogether the system promises that a decentralised blockchain based pension structure can remedy the many faults in the current system while developing a more sustainable future. Requirements for the Akropolis system include: · The ability to support the current pensions system · Ensuring new retirees do not suffer the result of systematic failures · A pension protocol geared to support growing needs of an ageing population · Transition to a new sustainable system · Support of the gig economy and frequent job changes. · Recognise increasing atomisation of the workforce · Reputation building and incentivisation # Technology The Akropolis platform will be built on Ethereum blockchain initially with planned future developments including alternative blockchain technologies to create a multichain platform. It will be a hybrid trust and trustless system which will give individual participants control of their own data that they can choose to exchange for cryptocurrency awards. # Stakeholders The various stakeholders and their roles in the ecosystem include: · Individual users — receive access to pension services and received tokenised rewards · Pension funds — institutional funds will function in similar ways to individual users · Fund managers — purchase and acquire assets for individual users and pension funds · Asset tokenisers- mint and distribute tokens that represent the actual asset · Developers — build and maintain the platform # Akropolis tokens There will be two tokens: the Akropolis Internal token (AIT) and the Akropolis External token (AKT): · AKT — A fixed supply will be minted. They will be used for platform access, purchasing pension services, purchasing platform data, and funding platform incentives. · AIT — A non-volatile token with a fixed value which will represent represents stakeholders funds and can be exchanged for cryptocurrency and fiat currencies. AITs are decoupled from AKTs, in other words, they are an independent token. # Timeline During the latter part of 2017 initial funding was raised from Angel investors and the pre-sale soft cap was achieved. Future milestones include: · Q2/3 2018: ICO, institutional partnership agreements, finalising technical architecture, and trial deployment of MVP. · Q3/4 2018: B2B and B2C products completed · Q4 2018: Platform integration, launch B2B pilot service, selection of pension fund asset managers, B2C trial, mobile app development. · 2019 — Smart contracts audit, launch the final version of the platform, eternal API available for developers, Hardware wallets developed. # ICO The ICO is scheduled to commence in June with the goal of raising $25 million, however, at the time of writing a date has not been announced. There are signs this could be delayed. However, the soft cap has already been achieved. · Token: AKT · Token type: ERC20 · Total Tokens: 900,000,000 · Available tokens: 360 million (40% of total) · Price: 1 AKT = 0.0690 USD · Fundraising Goal: 25,000,000 USD # ICO Ratings Strangely this ICO has not received any rating yet from the ICO rating sites. Hopefully some of them will pick it up before the main sale starts. # Conclusion The pension system is in dire need of reform as many countries face a huge deficit in the funding of their pensions. Inevitably there will need to be changes if system are to be sustainable in the long term, particularly as societies age and people live much longer. Indeed, scientists predict that babies born today in industrialised nations will live to 130 years old. So the solution of Akropolis to offer an option that is more transparent, open, efficient and portable is to be commended. Any savings and efficiencies that can be achieved will be of much benefit to societies. It is an ambitious project but one I will be watching with interest and wishing it every success. You can check out the Akropolis ICO [here](https://akropolis.io/).
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      "body": "![Akropolis-ico pic.jpg](https://cdn.steemitimages.com/DQmWQzRzUbkCqmbmemXD551FUZMMcgdUiJmriL747Q11Ayc/Akropolis-ico%20pic.jpg)\n\nAkropolis is a new blockchain project about to have its ICO and it is promising an entirely new way of creating a pensions infrastructure utilising the blockchain.\n\nThe idea is that using blockchain will address the many faults in the current system including towering deficits between pension funds and liabilities, threatening the future of the pensions system. Proposed improvements include greater transparency, portability and reduced costs.\n\nBelow we’ll take a look at what the project is all about, how it will work and details of the ICO.\n\n# The Challenge\nAkropolis maintains that the pension industry is flawed with the global problem of there being a deficit between its assets and liabilities and that this deficit will snowball in the future leading eventually to a worldwide financial and social crisis. The discrepancy could reach $100 trillion by 2050.\n\nThe burden of managing the deficit appears to be shifting from the pension industry to the individual. Pensions funds are also being eroded by complicated and expensive fee structures plus a general lack of transparency.\n\nAkropolis plans to create a portable, transparent pension infrastructure based on blockchain technologies. Targeted users include pension funds and fund managers which will be attracted by reduced overheads and new methods of communicating with clients and promoting their products, while individuals who use the platform will benefit from more transparency and pension portability.\n\nAltogether the system promises that a decentralised blockchain based pension structure can remedy the many faults in the current system while developing a more sustainable future.\n\nRequirements for the Akropolis system include:\n\n· The ability to support the current pensions system\n\n· Ensuring new retirees do not suffer the result of systematic failures\n\n· A pension protocol geared to support growing needs of an ageing population\n\n· Transition to a new sustainable system\n\n· Support of the gig economy and frequent job changes.\n\n· Recognise increasing atomisation of the workforce\n\n· Reputation building and incentivisation\n\n# Technology\nThe Akropolis platform will be built on Ethereum blockchain initially with planned future developments including alternative blockchain technologies to create a multichain platform. It will be a hybrid trust and trustless system which will give individual participants control of their own data that they can choose to exchange for cryptocurrency awards.\n\n# Stakeholders\nThe various stakeholders and their roles in the ecosystem include:\n\n· Individual users — receive access to pension services and received tokenised rewards\n\n· Pension funds — institutional funds will function in similar ways to individual users\n\n· Fund managers — purchase and acquire assets for individual users and pension funds\n\n· Asset tokenisers- mint and distribute tokens that represent the actual asset\n\n· Developers — build and maintain the platform\n\n# Akropolis tokens\nThere will be two tokens: the Akropolis Internal token (AIT) and the Akropolis External token (AKT):\n\n· AKT — A fixed supply will be minted. They will be used for platform access, purchasing pension services, purchasing platform data, and funding platform incentives.\n\n· AIT — A non-volatile token with a fixed value which will represent represents stakeholders funds and can be exchanged for cryptocurrency and fiat currencies. AITs are decoupled from AKTs, in other words, they are an independent token.\n\n# Timeline\nDuring the latter part of 2017 initial funding was raised from Angel investors and the pre-sale soft cap was achieved. Future milestones include:\n\n· Q2/3 2018: ICO, institutional partnership agreements, finalising technical architecture, and trial deployment of MVP.\n\n· Q3/4 2018: B2B and B2C products completed\n\n· Q4 2018: Platform integration, launch B2B pilot service, selection of pension fund asset managers, B2C trial, mobile app development.\n\n· 2019 — Smart contracts audit, launch the final version of the platform, eternal API available for developers, Hardware wallets developed.\n\n# ICO\nThe ICO is scheduled to commence in June with the goal of raising $25 million, however, at the time of writing a date has not been announced. There are signs this could be delayed. However, the soft cap has already been achieved.\n\n· Token: AKT\n\n· Token type: ERC20\n\n· Total Tokens: 900,000,000\n\n· Available tokens: 360 million (40% of total)\n\n· Price: 1 AKT = 0.0690 USD\n\n· Fundraising Goal: 25,000,000 USD\n\n# ICO Ratings\nStrangely this ICO has not received any rating yet from the ICO rating sites. Hopefully some of them will pick it up before the main sale starts.\n\n# Conclusion\nThe pension system is in dire need of reform as many countries face a huge deficit in the funding of their pensions.\n\nInevitably there will need to be changes if system are to be sustainable in the long term, particularly as societies age and people live much longer. Indeed, scientists predict that babies born today in industrialised nations will live to 130 years old.\n\nSo the solution of Akropolis to offer an option that is more transparent, open, efficient and portable is to be commended. Any savings and efficiencies that can be achieved will be of much benefit to societies.\n\nIt is an ambitious project but one I will be watching with interest and wishing it every success.\n\nYou can check out the Akropolis ICO [here](https://akropolis.io/).",
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2018/06/03 16:54:03
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2018/06/03 03:45:06
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2018/06/03 02:42:33
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2018/06/02 06:13:36
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2018/06/01 18:21:12
authorcryptodan21
body![Bitcoin trading pic.png](https://cdn.steemitimages.com/DQmSjU3s8WoQU4QbzdWywemZy7xq64Q1QYkYtYrCDCozNCk/Bitcoin%20trading%20pic.png) I am on a journey to try and earn a passive income from cryptocurrencies that I could live off and I am chronicling my journey here on Steemit for people to follow. As May came to an end yesterday, it is time for an update on my crypto dividends portfolio and the returns I received over the month. Before doing that however, I want to do a quick summary of the tokens that I hold in my portfolio and their dollar value today: - Envion (EVN) — 3,500 tokens, token price = $0.12 - Terraminer (TRM2) — 870 (price n/a) - Spectre Dividend (SXD) — 3,500 ($0.26) - Sharpe Capital (SHP) — 3,000 ($0.18) - Rialto (XRL) — 5,000 ($0.17) - TAAS (TAAS) — 85 ($3.02) - Bankera ( BNK) — 40,000 ($0.03) - Hello Gold (HGT) — 15,000 ($0.015) - WePower (WPR) — 3,000 ($0.08) - OmiseGo (OMG) — 50 ($10.49) - Restart Energy (MWAT) — 12,500 ($0.33) The main news in terms of my portfolio for May is that I have purchased some Restart Energy tokens (MWAT) and sold some OmiseGo and Taas to fund that purchase. In terms of how things are developing, unfortunately two of my main investments have hit the skids. Both are mining-relating projects — Envion and Terraminer. I remarked last month that I was becoming increasingly disgruntled about the lack of communication from Envion regarding the progress of their operation. Well recently we found out why. It appears the founders of Envion are suing the CEO for having created additional shares in the company and effectively taking control of the company. The CEO in turn is claiming that the Envion founders illegally created 40 million additional tokens. So in short it is a total mess. Whatever the truth of the matter, the real losers here are the investors as nothing has been happening (and will happen) whilst this legal dispute has been going on. So all we can hope is that it gets sorted out as soon as possible and they get on with deploying the mining units and start paying some dividends. That could be well be a few months away though. In the case of Terraminer, it is a little harder to figure out what is going on but it seems that they have been forced to move their mining operation from China and find a new location, so again nothing has been happening and no payouts have been made. # Payouts for May In terms of those projects that have started making payouts, there are now at least more to talk about, even if the amounts being paid out are still small. Spectre has started paying dividends from its trading portal and paid out 0.00813 ETH so far. However, that included a big initial one-off payment and the regular weekly payments are likely to be a lot less for the time being. TAAS made its payout for the second quarter, but with crypto markets having suffered badly over the last few months that payout was only $0.0164 per token, so holding 85 tokens meant I received $1.39 or 0.0024 ETH. Bankera continued its weekly payouts and I received 0.000485 ETH in May. Sharpe Capital is making steady progress and I received 0.006 ETH for the month. They are switching to making quarterly payouts though so I won’t be receiving payouts each month anymore. Rialto made a payout in April but it doesn’t look like it made any profits in May, although the platform is a little difficult to understand so I am unclear on exactly what the position is with it to be honest. The other projects are works in progress so I am not expecting any payouts for a few months yet. # Other Potential Tokens Thank you for the suggestions some of you have been making in the comments section. I have been seriously considering investing in Steemit and Kucoin. It would be nice to have some regular income from established, more reliable projects as a lot of my investments so far are in very speculative tokens that may or may not end up being successful. I will be doing some more research and due diligence on those two before investing but may well make some purchases soon so watch out for some updates over the coming weeks. I also intend to buy some more Sharpe Capital as I have been impressed with the progress they have made and can see it being a good source of income long term. # Conclusion Although things are progressing more slowly than I originally hoped, there is the potential for a number of the projects to grow so I am remaining patient. The big disappointment has been the mining projects which have gone nowhere so far but hopefully they can get their acts together over the next few months. As ever I will keep my eyes open for a new potential projects. Here is the summary for May: **May 2018 Dividends Summary** Dividends Received: **0.017 Ether** Fiat Equivalent: **$9.69** _N.B. I am not a financial advisor and the above article and those in this series should not be taken as financial advice. I am simply recording my own experience in cryptocurrency for entertainment purposes. If you intend to invest in cryptocurrency, please do your own research and take professional financial advice. All cryptocurrencies carry risk and your entire capital could be lost._
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      "author": "cryptodan21",
      "body": "![Bitcoin trading pic.png](https://cdn.steemitimages.com/DQmSjU3s8WoQU4QbzdWywemZy7xq64Q1QYkYtYrCDCozNCk/Bitcoin%20trading%20pic.png)\n\nI am on a journey to try and earn a passive income from cryptocurrencies that I could live off and I am chronicling my journey here on Steemit for people to follow.\n\nAs May came to an end yesterday, it is time for an update on my crypto dividends portfolio and the returns I received over the month.\n\nBefore doing that however, I want to do a quick summary of the tokens that I hold in my portfolio and their dollar value today:\n\n- Envion (EVN) — 3,500 tokens, token price = $0.12\n- Terraminer (TRM2) — 870 (price n/a)\n- Spectre Dividend (SXD) — 3,500 ($0.26)\n- Sharpe Capital (SHP) — 3,000 ($0.18)\n- Rialto (XRL) — 5,000 ($0.17)\n- TAAS (TAAS) — 85 ($3.02)\n- Bankera ( BNK) — 40,000 ($0.03)\n- Hello Gold (HGT) — 15,000 ($0.015)\n- WePower (WPR) — 3,000 ($0.08)\n- OmiseGo (OMG) — 50 ($10.49)\n- Restart Energy (MWAT) — 12,500 ($0.33)\n\nThe main news in terms of my portfolio for May is that I have purchased some Restart Energy tokens (MWAT) and sold some OmiseGo and Taas to fund that purchase.\n\nIn terms of how things are developing, unfortunately two of my main investments have hit the skids. Both are mining-relating projects — Envion and Terraminer.\n\nI remarked last month that I was becoming increasingly disgruntled about the lack of communication from Envion regarding the progress of their operation. Well recently we found out why. It appears the founders of Envion are suing the CEO for having created additional shares in the company and effectively taking control of the company. The CEO in turn is claiming that the Envion founders illegally created 40 million additional tokens. So in short it is a total mess.\n\nWhatever the truth of the matter, the real losers here are the investors as nothing has been happening (and will happen) whilst this legal dispute has been going on. So all we can hope is that it gets sorted out as soon as possible and they get on with deploying the mining units and start paying some dividends. That could be well be a few months away though.\n\nIn the case of Terraminer, it is a little harder to figure out what is going on but it seems that they have been forced to move their mining operation from China and find a new location, so again nothing has been happening and no payouts have been made.\n\n# Payouts for May\nIn terms of those projects that have started making payouts, there are now at least more to talk about, even if the amounts being paid out are still small.\n\nSpectre has started paying dividends from its trading portal and paid out 0.00813 ETH so far. However, that included a big initial one-off payment and the regular weekly payments are likely to be a lot less for the time being.\n\nTAAS made its payout for the second quarter, but with crypto markets having suffered badly over the last few months that payout was only $0.0164 per token, so holding 85 tokens meant I received $1.39 or 0.0024 ETH.\n\nBankera continued its weekly payouts and I received 0.000485 ETH in May.\n\nSharpe Capital is making steady progress and I received 0.006 ETH for the month. They are switching to making quarterly payouts though so I won’t be receiving payouts each month anymore.\n\nRialto made a payout in April but it doesn’t look like it made any profits in May, although the platform is a little difficult to understand so I am unclear on exactly what the position is with it to be honest.\n\nThe other projects are works in progress so I am not expecting any payouts for a few months yet.\n\n# Other Potential Tokens\nThank you for the suggestions some of you have been making in the comments section.\n\nI have been seriously considering investing in Steemit and Kucoin. It would be nice to have some regular income from established, more reliable projects as a lot of my investments so far are in very speculative tokens that may or may not end up being successful.\n\nI will be doing some more research and due diligence on those two before investing but may well make some purchases soon so watch out for some updates over the coming weeks.\n\nI also intend to buy some more Sharpe Capital as I have been impressed with the progress they have made and can see it being a good source of income long term.\n\n# Conclusion\nAlthough things are progressing more slowly than I originally hoped, there is the potential for a number of the projects to grow so I am remaining patient. The big disappointment has been the mining projects which have gone nowhere so far but hopefully they can get their acts together over the next few months.\n\nAs ever I will keep my eyes open for a new potential projects.\n\nHere is the summary for May:\n\n**May 2018 Dividends Summary**\n\nDividends Received: **0.017 Ether**\n\nFiat Equivalent: **$9.69**\n\n_N.B. I am not a financial advisor and the above article and those in this series should not be taken as financial advice. I am simply recording my own experience in cryptocurrency for entertainment purposes. If you intend to invest in cryptocurrency, please do your own research and take professional financial advice. All cryptocurrencies carry risk and your entire capital could be lost._",
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2018/05/31 17:52:30
authorcryptodan21
permlinkglitzkoin-ico-review-the-diamond-blockchain
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2018/05/31 17:52:15
authorhatu
bodyHi, thank you for contributing to Steemit! I upvoted and followed you; follow back and we can help each other succeed :) P.S.: [My Recent Post](https://steemit.com/ico/@hatu/cardstack-can-flex-business-analysis)
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2018/05/31 17:51:15
authorcryptodan21
body![Glitzkoin pic.jpeg](https://cdn.steemitimages.com/DQmS3qGwNV3fQJhcS4uwHwxhBvxuF8L72UrtPDUyVXvKoeJ/Glitzkoin%20pic.jpeg) Today we are going to take a look at a new ICO from a company called Glitzkoin. Glitzkoin is a cryptocurrency explicitly developed for diamond trading. There are three main pillars to the project: integration of blockchain technology into the diamond supply chain; tracking and tracing diamonds; and creating a decentralised diamond trading platform. Let’s take a closer look below at what this will entail and at the details of the ICO. # Markets Traditionally diamond trading is carried out through personal contact. Valuations however diligently undertaken are to some extent based on guesswork. According to industry insiders, not all diamond dealers can be trusted. Glitzkoin aims to introduce transparency into this currently obscure market. Currently, the market for rough diamonds is around $15 billion a year, and that for diamond jewellery is approximately $79 billion. # Technology The Glitzkoin network will connect the complete diamond market chain including end users, retailers, diamond market markers, mining companies and polishers enabling any two parties to carry out trustless transactions with full transparency. The value of any diamond will be visible on the blockchain. The diamond exchange has three elements: · Gem composite — which indicates the quality of the diamond · Parallel composite — which shows how rare the diamond is · Indices composite — which provides information for traders concerning the diamond industry The exchange incorporates AI neural network technology based on all diamond data. An individual wishing to sell a single diamond uses the exchange to create a smart contract. This diamond will then be delivered to a custodian who will validate it using recognised industry certification standards. Once approved, a Diamond-Smart Contract will be deposited in the owner’s Glitzkoin wallet while the custodian keeps hold of the diamond. The Diamond-Smart Contract may be listed on the Glitzkoin exchange or sold directly to a buyer. The same process applies to owners of a share in a high-value diamond and diamond baskets sold to traders. The purchaser of the Diamond-Smart Contract will be able to request delivery of the actual diamond(s) and once received the smart contract will be delisted. Sellers will be able to sell a complete diamond with a single smart contract or create multiple smart contracts for the diamond allowing several buyers to purchase shares in the diamond. This innovation will for the first time enable private investors the opportunity to invest in highly valuable diamonds to benefit from their speculative and volatile market position. The Glitzkoin track and trace blockchain is essentially a vast inventory of every diamond that is registered on the platform, demonstrating their authenticity and ownership including the provenance from the original mining, cutting, polishing, and trading. # Timeline The Glitzkoin project was initiated in the latter part of 2017 and further developed through the first quarter of 2018 with the launch of its White Paper and website. Ongoing goals include: · Q2 2018: Public token sale and development of the diamond exchange. · Q3 2018: Listing GLT on global exchanges and beta testing of Glitzkoin diamond exchange · Q3 2018: Development of diamond track and trace platform · Q4 2018: Launch of decentralised exchange and track and trace · Q1 2019: Add more features to the diamond exchange # Token distribution One billion GLT will be minted. Of this 24.5 % will be available for purchase. Of the remainder, these will be distributed as follows: · Market making: 20% · Community: 20% · Management: 35.4% # ICO The ICO began on 16th March 2018 and will continue until 25 June 2018. Bonuses are available depending on total token holding. Those holding 500,000 and more will receive 10% bonus; 200,000 to 500,000 8% bonus; and 10,000 to 50,000 5% bonus. · Token: GLT · Total coins: 1 billion · Price: 1 GLT = 0.2 USD · Soft Cap: 4,200,000 USD · Hard Cap: 41,800,000 USD · Platform: Stellar · Payments accepted: BTC, ETH, XLM · Minimum investment: 100 USD · Country: Estonia # ICO Ratings The ICO has been reviewed by ICO rating sites and has received generally good ratings. Here are some of the main ones: - Track ICO: 4.4/5 - ICO Bench: 4.5/5 - Found ICO: 7.7/10 - ICO Marks: 7.4/10 So some solid ratings there and the project seems to be generally well received. # Conclusion — GlitzKoin ICO This is a great idea for an ICO and a case where blockchain technology can provide a solution to real-world problems. Everyone knows that the diamond industry is mired in controversy with blood diamonds being amongst the biggest issues, but also issues of fakes and sub-standard diamonds too, as well as criminality. So to place the entire process on the blockchain should help to cut out a lot of these problems and provide transparency and legitimacy throughout the process from mine to shop. As ever, the question will be convincing all the parties involved to sign up to the blockchain, but hopefully that will come if they can convince at least a few of the major players to do so. The idea of people being able to buy shares of diamonds is really good and could allow people to invest in something that hadn’t previously thought of or been able to afford. So overall this looks like an interesting ICO and with over $10m already raised the future looks bright for Glitzkoin. You can check out the Glitzkoin ICO [here](https://www.glitzkoin.com/).
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      "body": "![Glitzkoin pic.jpeg](https://cdn.steemitimages.com/DQmS3qGwNV3fQJhcS4uwHwxhBvxuF8L72UrtPDUyVXvKoeJ/Glitzkoin%20pic.jpeg)\n\nToday we are going to take a look at a new ICO from a company called Glitzkoin.\n\nGlitzkoin is a cryptocurrency explicitly developed for diamond trading. There are three main pillars to the project: integration of blockchain technology into the diamond supply chain; tracking and tracing diamonds; and creating a decentralised diamond trading platform.\n\nLet’s take a closer look below at what this will entail and at the details of the ICO.\n\n# Markets\nTraditionally diamond trading is carried out through personal contact. Valuations however diligently undertaken are to some extent based on guesswork. According to industry insiders, not all diamond dealers can be trusted. Glitzkoin aims to introduce transparency into this currently obscure market.\n\nCurrently, the market for rough diamonds is around $15 billion a year, and that for diamond jewellery is approximately $79 billion.\n\n# Technology\nThe Glitzkoin network will connect the complete diamond market chain including end users, retailers, diamond market markers, mining companies and polishers enabling any two parties to carry out trustless transactions with full transparency. The value of any diamond will be visible on the blockchain.\n\nThe diamond exchange has three elements:\n\n· Gem composite — which indicates the quality of the diamond\n\n· Parallel composite — which shows how rare the diamond is\n\n· Indices composite — which provides information for traders concerning the diamond industry\n\nThe exchange incorporates AI neural network technology based on all diamond data.\n\nAn individual wishing to sell a single diamond uses the exchange to create a smart contract. This diamond will then be delivered to a custodian who will validate it using recognised industry certification standards.\n\nOnce approved, a Diamond-Smart Contract will be deposited in the owner’s Glitzkoin wallet while the custodian keeps hold of the diamond. The Diamond-Smart Contract may be listed on the Glitzkoin exchange or sold directly to a buyer.\n\nThe same process applies to owners of a share in a high-value diamond and diamond baskets sold to traders. The purchaser of the Diamond-Smart Contract will be able to request delivery of the actual diamond(s) and once received the smart contract will be delisted.\n\nSellers will be able to sell a complete diamond with a single smart contract or create multiple smart contracts for the diamond allowing several buyers to purchase shares in the diamond. This innovation will for the first time enable private investors the opportunity to invest in highly valuable diamonds to benefit from their speculative and volatile market position.\n\nThe Glitzkoin track and trace blockchain is essentially a vast inventory of every diamond that is registered on the platform, demonstrating their authenticity and ownership including the provenance from the original mining, cutting, polishing, and trading.\n\n# Timeline\nThe Glitzkoin project was initiated in the latter part of 2017 and further developed through the first quarter of 2018 with the launch of its White Paper and website. Ongoing goals include:\n\n· Q2 2018: Public token sale and development of the diamond exchange.\n\n· Q3 2018: Listing GLT on global exchanges and beta testing of Glitzkoin diamond exchange\n\n· Q3 2018: Development of diamond track and trace platform\n\n· Q4 2018: Launch of decentralised exchange and track and trace\n\n· Q1 2019: Add more features to the diamond exchange\n\n# Token distribution\nOne billion GLT will be minted. Of this 24.5 % will be available for purchase. Of the remainder, these will be distributed as follows:\n\n· Market making: 20%\n\n· Community: 20%\n\n· Management: 35.4%\n\n# ICO\nThe ICO began on 16th March 2018 and will continue until 25 June 2018.\n\nBonuses are available depending on total token holding. Those holding 500,000 and more will receive 10% bonus; 200,000 to 500,000 8% bonus; and 10,000 to 50,000 5% bonus.\n\n· Token: GLT\n\n· Total coins: 1 billion\n\n· Price: 1 GLT = 0.2 USD\n\n· Soft Cap: 4,200,000 USD\n\n· Hard Cap: 41,800,000 USD\n\n· Platform: Stellar\n\n· Payments accepted: BTC, ETH, XLM\n\n· Minimum investment: 100 USD\n\n· Country: Estonia\n\n# ICO Ratings\nThe ICO has been reviewed by ICO rating sites and has received generally good ratings. Here are some of the main ones:\n\n- Track ICO: 4.4/5\n- ICO Bench: 4.5/5\n- Found ICO: 7.7/10\n- ICO Marks: 7.4/10\n\nSo some solid ratings there and the project seems to be generally well received.\n\n# Conclusion — GlitzKoin ICO\nThis is a great idea for an ICO and a case where blockchain technology can provide a solution to real-world problems.\n\nEveryone knows that the diamond industry is mired in controversy with blood diamonds being amongst the biggest issues, but also issues of fakes and sub-standard diamonds too, as well as criminality.\n\nSo to place the entire process on the blockchain should help to cut out a lot of these problems and provide transparency and legitimacy throughout the process from mine to shop.\n\nAs ever, the question will be convincing all the parties involved to sign up to the blockchain, but hopefully that will come if they can convince at least a few of the major players to do so.\n\nThe idea of people being able to buy shares of diamonds is really good and could allow people to invest in something that hadn’t previously thought of or been able to afford.\n\nSo overall this looks like an interesting ICO and with over $10m already raised the future looks bright for Glitzkoin.\n\nYou can check out the Glitzkoin ICO [here](https://www.glitzkoin.com/).",
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2018/05/30 20:46:57
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2018/05/30 20:17:57
authorcryptodan21
body![gonetwork-ico 2.jpg](https://cdn.steemitimages.com/DQmXrGdSuzemTbXCuR6DpawQr6cH8wcRACS1KDjdWqtbLJ2/gonetwork-ico%202.jpg) One of the hottest ICOs at the moment is from the [Go Network](https://gonetwork.co/), which intends to create a digital currency in which transactions are much faster and cheaper than those of more traditional cryptocurrencies such as Bitcoin and Ethereum. This will be achieved using a “mobile first” platform in which transactions are carried out “off-chain”. The aim is the make cryptocurrencies more useful in the everyday world and open them up to a far wider audience than they have today. Once the technology is established, the aim is for Go Network to develop into a significant segment of the Ethereum infrastructure. Let’s take a look below at how the Go Network will work, its benefits and the details of the ICO. # Markets Mobile payments are snowballing. In 2015 global mobile payments amounted to $16 trillion and it’s estimated that by 2020 this will have grown to $21 trillion generating payment revenues of $2.2 trillion. Go Network believes that ultimately the operability of cryptocurrencies will depend on their compatibility with mobile payments. There is a discontinuity between what is needed for mobile payments and what cryptocurrencies can provide particularly regarding latency. While the latency of Ethereum is considerably faster than that of Bitcoin, it still is in the region of minutes and likely to get worse in the future. Furthermore, it is relatively expensive and highly variable. While various programs are already addressing this, they are directed at desktop rather than mobile platforms. # Technology State channels are one such approach to improving transaction time. These permit off-chain transactions. What happens is a smart contract sets the maximum transfer allowed between actors, while any number of off-chain interactions can be made up to that limit. Only these actors can access the coins deposited in the smart contract which provides both actors with the necessary security. For all intents and purposes, the off-channel transactions are equivalent to on-chain transactions. Altogether, this substantially reduces transaction fees and latency. It has been described as an “Ethereum superhighway”. However, this approach has some problems: on-channel latency affects channel creation; and funds deposited are effectively locked until the channel is settled. The Go Network approach is to incentivise actors to keep channels open for a long time and to settle them free from disputes ultimately. When two actors open a state channel, they must deposit Go Network tokens (GOT) which are refunded once the channel is closed less a fee for maintaining the channel through its lifetime. The longer a channel is kept open, the higher the refund will be. # Mediated transfers An additional feature will be mediated transfers. When a state transfer is processed, the mediators who handle the transaction will be rewarded in GOT. While this will be an additional cost for the actors, it functions as an extra incentive to reduce the number of new channels opened. Mediators will be able to set their fees creating a competitive marketplace. # GOT token value As the Ethereum network expands, the cost and number of transactions will grow. This will encourage the uptake of Go Network off chain transactions. As the number of GOT are limited, the expectation is that the value of GOT will rise with increasing demand. # Token distribution 100,000,000 GOT tokens will be minted, and 50% of these will be available for purchase. The remainder will be distributed as follows: · Team: 25% · Advisors: 5% · Business and technical development: 20% # ICO The public sale begins on 11th June 2018. A sliding bonus will be available starting at 15% on day one then 10% on day 2 and 5% on day 3. No bonus will be available after day 3. Key points include: · Total number of tokens: 100,000,000 · Token sale: 50,000,000 GOT · Token type: GOT Ethereum ERC20 · Payments accepted: ETH # ICO Ratings Strangely I could only find one review of the Go Network ICO and that one wasn’t particularly favourable: - Track ICO: 3.3/5 Hopefully the other ICO rating sites will review the Go Network ICO soon so there is a little more to go on. # Conclusion —Go Network ICO The Go Network are taking on a competitive field in terms of launching new cryptocurrency for payments. There are already some big players in the field and new entrants such as Credits have recently entered, promising much faster transaction times and lower transaction fees. However, by focusing specifically on mobile payments Go Network may be able to carve out a niche for themselves and achieve success. Certainly mobile payments are only going to grow and grow and making sure cryptocurrencies can be used efficiently in the global mobile payments system is going to be crucial to their take-up. There is massive interest in the project with close to 70,000 Telegram group members and 50,000 Twitter followers, so don’t be surprised if the ICO sells out. It is a good sign that they won an award at the Eth Waterloo and hopefully that means they have the technical skills to pull this off. If they do then the whole crypto community could benefit from it. You can check out the Go Network ICO [here](https://gonetwork.co/).
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titleGo Network ICO Review — Scaleable Mobile First Network for Ethereum
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      "author": "cryptodan21",
      "body": "![gonetwork-ico 2.jpg](https://cdn.steemitimages.com/DQmXrGdSuzemTbXCuR6DpawQr6cH8wcRACS1KDjdWqtbLJ2/gonetwork-ico%202.jpg)\n\nOne of the hottest ICOs at the moment is from the [Go Network](https://gonetwork.co/), which intends to create a digital currency in which transactions are much faster and cheaper than those of more traditional cryptocurrencies such as Bitcoin and Ethereum.\n\nThis will be achieved using a “mobile first” platform in which transactions are carried out “off-chain”. The aim is the make cryptocurrencies more useful in the everyday world and open them up to a far wider audience than they have today.\n\nOnce the technology is established, the aim is for Go Network to develop into a significant segment of the Ethereum infrastructure.\n\nLet’s take a look below at how the Go Network will work, its benefits and the details of the ICO.\n\n# Markets\nMobile payments are snowballing. In 2015 global mobile payments amounted to $16 trillion and it’s estimated that by 2020 this will have grown to $21 trillion generating payment revenues of $2.2 trillion. Go Network believes that ultimately the operability of cryptocurrencies will depend on their compatibility with mobile payments.\n\nThere is a discontinuity between what is needed for mobile payments and what cryptocurrencies can provide particularly regarding latency. While the latency of Ethereum is considerably faster than that of Bitcoin, it still is in the region of minutes and likely to get worse in the future.\n\nFurthermore, it is relatively expensive and highly variable. While various programs are already addressing this, they are directed at desktop rather than mobile platforms.\n\n# Technology\nState channels are one such approach to improving transaction time. These permit off-chain transactions. What happens is a smart contract sets the maximum transfer allowed between actors, while any number of off-chain interactions can be made up to that limit. Only these actors can access the coins deposited in the smart contract which provides both actors with the necessary security.\n\nFor all intents and purposes, the off-channel transactions are equivalent to on-chain transactions. Altogether, this substantially reduces transaction fees and latency. It has been described as an “Ethereum superhighway”.\n\nHowever, this approach has some problems: on-channel latency affects channel creation; and funds deposited are effectively locked until the channel is settled.\n\nThe Go Network approach is to incentivise actors to keep channels open for a long time and to settle them free from disputes ultimately. When two actors open a state channel, they must deposit Go Network tokens (GOT) which are refunded once the channel is closed less a fee for maintaining the channel through its lifetime. The longer a channel is kept open, the higher the refund will be.\n\n# Mediated transfers\nAn additional feature will be mediated transfers. When a state transfer is processed, the mediators who handle the transaction will be rewarded in GOT. While this will be an additional cost for the actors, it functions as an extra incentive to reduce the number of new channels opened. Mediators will be able to set their fees creating a competitive marketplace.\n\n# GOT token value\nAs the Ethereum network expands, the cost and number of transactions will grow. This will encourage the uptake of Go Network off chain transactions. As the number of GOT are limited, the expectation is that the value of GOT will rise with increasing demand.\n\n# Token distribution\n100,000,000 GOT tokens will be minted, and 50% of these will be available for purchase. The remainder will be distributed as follows:\n\n· Team: 25%\n\n· Advisors: 5%\n\n· Business and technical development: 20%\n\n# ICO\nThe public sale begins on 11th June 2018. A sliding bonus will be available starting at 15% on day one then 10% on day 2 and 5% on day 3. No bonus will be available after day 3. Key points include:\n\n· Total number of tokens: 100,000,000\n\n· Token sale: 50,000,000 GOT\n\n· Token type: GOT Ethereum ERC20\n\n· Payments accepted: ETH\n\n# ICO Ratings\nStrangely I could only find one review of the Go Network ICO and that one wasn’t particularly favourable:\n\n- Track ICO: 3.3/5\n\nHopefully the other ICO rating sites will review the Go Network ICO soon so there is a little more to go on.\n\n# Conclusion —Go Network ICO\nThe Go Network are taking on a competitive field in terms of launching new cryptocurrency for payments. There are already some big players in the field and new entrants such as Credits have recently entered, promising much faster transaction times and lower transaction fees.\n\nHowever, by focusing specifically on mobile payments Go Network may be able to carve out a niche for themselves and achieve success. Certainly mobile payments are only going to grow and grow and making sure cryptocurrencies can be used efficiently in the global mobile payments system is going to be crucial to their take-up.\n\nThere is massive interest in the project with close to 70,000 Telegram group members and 50,000 Twitter followers, so don’t be surprised if the ICO sells out.\n\nIt is a good sign that they won an award at the Eth Waterloo and hopefully that means they have the technical skills to pull this off. If they do then the whole crypto community could benefit from it.\n\nYou can check out the Go Network ICO [here](https://gonetwork.co/).",
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2018/05/29 17:05:21
authorcryptodan21
body![Triwer ICO review.png](https://cdn.steemitimages.com/DQmX9JcZgrt5uVkUTTLtaYkAqTggELScW2FTMVzCxN6ut67/Triwer%20ICO%20review.png) There is a new ICO about to launch from an organisation called Triwer and it is aiming to offer a new way for e-commerce companies to deliver their goods to online purchasers throughout Europe. This promise is for a more accessible, cheaper, and more secure delivery system than is available currently. Triwer will also help solve bottlenecks and inefficiencies by providing couriers with policies designed to improve the way they utilise spare capacity. The system offers a price comparison facility, personalised delivery profiles, pick-up and delivery options, and parcel tracking across multiple online retailers and outlets. # Markets E-commerce has transformed delivery markets, with the business to customer (B2C) and consumers and small businesses (C2X) taking a progressively greater market share of what used to be dominated by the B2C sector. It is anticipated that the European delivery market will hit €72.9 billion by 2020. # The challenge Modern e-shoppers have raised their delivery expectations to include: same day deliveries, tracking in real time, specified short delivery windows, returns collection, and other delivery options. There is also downward pressure on pricing. While retailers such as Amazon have embraced such services, this is not the case generally. From the supply side, there are massive inefficiencies including overcapacity especially at first and last mile delivery stages, lack of integration, losses from theft, poor tracking, and lack of flexibility. # The Triwer logistics solution Customers will be able to select delivery options based on the delivery preferences stored in their delivery profiles. Triwer will then optimise the delivery route including multi-carriers and set up a corresponding smart contract including insurance, security, and tracking. Once the goods reach the last mile, the customer will be provided with a narrow delivery window along with options to make last minute changes to avoid non-deliveries. # Technology Built on Ethereum smart contracts and including a side chain to record tracking and additional information, privacy and security are guaranteed. The digital currency coin is the TRW and will be the operating currency on the platform. After the smart contract is signed, the shipper deposits cryptocurrency funds into the Triwer escrow. On satisfactory completion of the contract, the funds will be released to stakeholders. # Triwer business model Triwer will charge between 5% to 15% of the total delivery revenue, and the company believes with just 1% of the delivery market this will provide a revenue of €37.5 million, though a much higher market share is the aim. Initially, Triwer will deploy its platform in Scandinavia, UK, Spain, and Germany. # Timeline Triwer was incorporated (Norway) in 2016. Through 2017 the technology and business plans were developed with the first beta testing taking place during Q1 2018. The private token sale began in May 2018, and the ICO will take place during June 2018. Longer term milestones include: · July 2018: TRW listed on major exchanges · August 2018: Full launch in Scandinavia · Q4 2018: launch in major European cities · Q1 2019: Expansion across EU · Q2 2019: Acquisitions and joint ventures · Q3 2019: Big data and AI integration · 2020: Extension into Eastern Europe # TRW token distribution A total of 1,000,000,000 (1 billion) TRW will be minted of which 375,000,000 will be distributed during the ICO, and 148,900,000 are available for private sale. The other tokens will be distributed as follows: · Team and founders: 17.8% · Private investors: 2% · Marketing and bounty: 8% · Business development, legal, and marketing: 14.88% · Technical: 5% # ICO The private pre-ICO sale began on 15th May, and the crowd sale begins on 1st June 2018. Key information: · Soft Cap: $5 million · Hard Cap: $25 million · Token Symbol: TRW — Ethereum ERC20 · Total number of tokens: 1,000,000,000 · Tokens available for sale: 375,000,000 · Price: 1 TRW = $0.08 · Bonus: 15% to 25% · Acceptable payments: ETH and BTC · Country: Norway # ICO Ratings Unusually there haven’t been many ratings of this ICO yet. The two main ones done so far are: - ICO Bench: 3.4/5 - ICO Marks: 9.3/10 So a little contrasting there in their views, but hopefully the other ICO rating sites will review the Triwer ICO soon so there is a little more to go on. # Conclusion This looks like a solid concept and certainly there is a lot of enthusiasm from the crypto community for this ICO, with over 47,000 Telegram members currently and 6,000 Twitter followers for Triwer already. It makes sense to use blockchain technology to track parcels for delivery and we have seen a couple of other ICOs with a similar idea. If Triwer can onboard enough customers and get the system widely used then this project could do very well and be of benefit to customers and businesses alike. You can check out the Triwer ICO [here](https://www.triwer.io/).
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      "body": "![Triwer ICO review.png](https://cdn.steemitimages.com/DQmX9JcZgrt5uVkUTTLtaYkAqTggELScW2FTMVzCxN6ut67/Triwer%20ICO%20review.png)\n\nThere is a new ICO about to launch from an organisation called Triwer and it is aiming to offer a new way for e-commerce companies to deliver their goods to online purchasers throughout Europe.\n\nThis promise is for a more accessible, cheaper, and more secure delivery system than is available currently. Triwer will also help solve bottlenecks and inefficiencies by providing couriers with policies designed to improve the way they utilise spare capacity.\n\nThe system offers a price comparison facility, personalised delivery profiles, pick-up and delivery options, and parcel tracking across multiple online retailers and outlets.\n\n# Markets\nE-commerce has transformed delivery markets, with the business to customer (B2C) and consumers and small businesses (C2X) taking a progressively greater market share of what used to be dominated by the B2C sector. It is anticipated that the European delivery market will hit €72.9 billion by 2020.\n\n# The challenge\nModern e-shoppers have raised their delivery expectations to include: same day deliveries, tracking in real time, specified short delivery windows, returns collection, and other delivery options. There is also downward pressure on pricing. While retailers such as Amazon have embraced such services, this is not the case generally.\n\nFrom the supply side, there are massive inefficiencies including overcapacity especially at first and last mile delivery stages, lack of integration, losses from theft, poor tracking, and lack of flexibility.\n\n# The Triwer logistics solution\nCustomers will be able to select delivery options based on the delivery preferences stored in their delivery profiles. Triwer will then optimise the delivery route including multi-carriers and set up a corresponding smart contract including insurance, security, and tracking.\n\nOnce the goods reach the last mile, the customer will be provided with a narrow delivery window along with options to make last minute changes to avoid non-deliveries.\n\n# Technology\nBuilt on Ethereum smart contracts and including a side chain to record tracking and additional information, privacy and security are guaranteed. The digital currency coin is the TRW and will be the operating currency on the platform.\n\nAfter the smart contract is signed, the shipper deposits cryptocurrency funds into the Triwer escrow. On satisfactory completion of the contract, the funds will be released to stakeholders.\n\n# Triwer business model\nTriwer will charge between 5% to 15% of the total delivery revenue, and the company believes with just 1% of the delivery market this will provide a revenue of €37.5 million, though a much higher market share is the aim. Initially, Triwer will deploy its platform in Scandinavia, UK, Spain, and Germany.\n\n# Timeline\nTriwer was incorporated (Norway) in 2016. Through 2017 the technology and business plans were developed with the first beta testing taking place during Q1 2018. The private token sale began in May 2018, and the ICO will take place during June 2018. Longer term milestones include:\n\n· July 2018: TRW listed on major exchanges\n\n· August 2018: Full launch in Scandinavia\n\n· Q4 2018: launch in major European cities\n\n· Q1 2019: Expansion across EU\n\n· Q2 2019: Acquisitions and joint ventures\n\n· Q3 2019: Big data and AI integration\n\n· 2020: Extension into Eastern Europe\n\n# TRW token distribution\nA total of 1,000,000,000 (1 billion) TRW will be minted of which 375,000,000 will be distributed during the ICO, and 148,900,000 are available for private sale. The other tokens will be distributed as follows:\n\n· Team and founders: 17.8%\n\n· Private investors: 2%\n\n· Marketing and bounty: 8%\n\n· Business development, legal, and marketing: 14.88%\n\n· Technical: 5%\n\n# ICO\nThe private pre-ICO sale began on 15th May, and the crowd sale begins on 1st June 2018. Key information:\n\n· Soft Cap: $5 million\n\n· Hard Cap: $25 million\n\n· Token Symbol: TRW — Ethereum ERC20\n\n· Total number of tokens: 1,000,000,000\n\n· Tokens available for sale: 375,000,000\n\n· Price: 1 TRW = $0.08\n\n· Bonus: 15% to 25%\n\n· Acceptable payments: ETH and BTC\n\n· Country: Norway\n\n# ICO Ratings\nUnusually there haven’t been many ratings of this ICO yet. The two main ones done so far are:\n\n- ICO Bench: 3.4/5\n- ICO Marks: 9.3/10\n\nSo a little contrasting there in their views, but hopefully the other ICO rating sites will review the Triwer ICO soon so there is a little more to go on.\n\n# Conclusion\nThis looks like a solid concept and certainly there is a lot of enthusiasm from the crypto community for this ICO, with over 47,000 Telegram members currently and 6,000 Twitter followers for Triwer already.\n\nIt makes sense to use blockchain technology to track parcels for delivery and we have seen a couple of other ICOs with a similar idea.\n\nIf Triwer can onboard enough customers and get the system widely used then this project could do very well and be of benefit to customers and businesses alike.\n\nYou can check out the Triwer ICO [here](https://www.triwer.io/).",
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2018/05/28 13:10:30
authorcryptodan21
body![FTEC ICO pic.png](https://cdn.steemitimages.com/DQmSJ9997ZEMSTemvGHPW7NzeLVTWWsFYocE92uejbxgA8q/FTEC%20ICO%20pic.png) Two of the most talked about technological revolutions going on at the moment are in the fields of Artificial Intelligence (AI) and cryptocurrency. The latest ICO we are going to take a look at combines them both into a complete cryptocurrency trading platform called FTEC. They are aiming to bring a complete ecosystem for crypto trading including bots, arbitrage, signals, training, neural networks and everything else you would need to become a successful trader. The idea behind it is for traders with any level of experience — both experienced traders and beginners — to use the tools at their disposal on the platform to improve their trading. Ultimately FTEC want to reduce the number of unprofessional traders around the world. Below let’s take a look at what FTEC is all about, how the platform will work and details of the ICO. # What FTEC is All About The team behind FTEC had been involved in cryptocurrencies and trading for a number of years. They already have existing services in the form of coinbot.club and cryptoangels.io, which will be the basis for the FTEC ecosystem. FTEC is based primarily on the Smart Trading System, a set of 12 specific features which are designed to help the trader. These 12 features are as follows:- - **Adaptive Social Assistant** — a user can choose to track industry leaders, stock exchanges etc and then receive notifications when specific words come up in the social media accounts of those leaders. - **Trader’s Behavioural Analysis** — this analyses your trading history and makes suggestions on how to improve. For example you may exit trades too early and the advice could be to stay in longer and make more profit. - **Exchange Order Management** — allows you to set stop loss and take profit levels and calculates the most favourable level to open an order at based on a mathematical algorithm. - **News Analysis** —reports are generated from the flow of news media around trading topics. - **Arbitrage Assistant** — this allows you to profit from the difference in prices of cryptocurrencies at various exchanges. - **Anomalous Volume Dynamics Analyser** — tracks situations where is unusual volume traded of particular crypto assets. - **Cryptoacademy** — text and video tools to help traders understand theoretical and practical aspects of trading the markets. - **Trading Recommendations** — you can receive trading recommendations from independent traders and experts, whose reputation will be tracked using a rating system. - **Global Price Analyser** — will look at all the exchanges to find you the best price for the cryptocurrency you are interested in. - **Cryptocurrency Portfolio Management **— this allows you to track and manage a cryptocurrency portfolio using statistics and rebalancing. - **Price Notification** — you can receive notifications by text, e-mail, app, messenger etc, regarding cryptocurrency pairs about set price values and take profit/stop loss coefficients. - **Telegram Assistant** — this allows you to interact with FTEC and its features via the Telegram app. Plus there will be mobile and desktop apps too. So as you can see from that list of 12 features FTEC will be a very comprehensive crypto trading platform with a wealth of tools to assist the trader. Their tools already work with some of the biggest exchanges including Bittrex, Binance, Poloniex, Yobit and others. # FTEC Token — How It Will Work The FTEC Token will be required to access the FTEC platform and then additional tokens will be paid for accessing various services on the platform as described above. There will be various advantages to those who purchase tokens in the pre-sale and main sale once the FTEC platform is launched and node holders, including: - Being able to automate trades, even with a low token balance. - Unlimited number of simultaneously maintained orders. - VIP lessons in trading. - Being able to create a number of different portfolios at the same time. Plus there will apparently be 12 more benefits to early adopters. # ICO Details The pre-sale has already taken place and ran from 24th April to 22nd May 2018. There were 147,980,000 tokens available during the pre-sale. The main public sale is due to start soon and here are the main details for it: · Token: FTEC · Token Type: Ethereum ERC-20 · Maximum number of tokens: 998 million · Tokens available during main ICO: 700 million · Token price: 1 ETH = 29,970 FTEC without bonuses (i.e. = $0.02 at time of writing) · Soft Cap: 2,000 ETH ($1.2m) · Hard Cap: 26,500 ETH ($16m) · Sale starts: 20th June 2018 · Sale ends: 18th July 2018 # ICO Ratings The ICO has been reviewed by ICO rating sites and has received exceptionally good ratings. Here are some of the main ones: - Track ICO: 5/5 - ICO Bench: 4.9/5 - Found ICO: 9.6/10 - Token Desk: 9.3/10 - ICO Marks: 9.4/10 Those are some of the best ratings I have seen for an ICO across the board. # Conclusion — FTEC Token ICO The FTEC platform is looking like one of the hottest ICOs at the moment with a massive following on Telegram (over 37,000 members) and Twitter (over 29,000 followers). They have already achieved their soft cap and with the level of interest in this project, it would not be a surprise at all to see them hit their hard cap well before the end of the token sale. Although there are already some trading platforms out there, FTEC looks the most comprehensive and will provide some very useful features for traders to give them an edge in their trading. The token model is interesting, with users being required to use tokens to access the platform and then pay for services on it. So if it is popular the demand for tokens could be very high. How effective the trading platform ends up being remains to be seen, but certainly from what they have produced so far this looks like a very promising ICO. You can check out the FTEC ICO [here](https://ftec.io/).
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      "body": "![FTEC ICO pic.png](https://cdn.steemitimages.com/DQmSJ9997ZEMSTemvGHPW7NzeLVTWWsFYocE92uejbxgA8q/FTEC%20ICO%20pic.png)\n\nTwo of the most talked about technological revolutions going on at the moment are in the fields of Artificial Intelligence (AI) and cryptocurrency.\n\nThe latest ICO we are going to take a look at combines them both into a complete cryptocurrency trading platform called FTEC.\n\nThey are aiming to bring a complete ecosystem for crypto trading including bots, arbitrage, signals, training, neural networks and everything else you would need to become a successful trader.\n\nThe idea behind it is for traders with any level of experience — both experienced traders and beginners — to use the tools at their disposal on the platform to improve their trading. Ultimately FTEC want to reduce the number of unprofessional traders around the world.\n\nBelow let’s take a look at what FTEC is all about, how the platform will work and details of the ICO.\n\n# What FTEC is All About\nThe team behind FTEC had been involved in cryptocurrencies and trading for a number of years. They already have existing services in the form of coinbot.club and cryptoangels.io, which will be the basis for the FTEC ecosystem.\n\nFTEC is based primarily on the Smart Trading System, a set of 12 specific features which are designed to help the trader. These 12 features are as follows:-\n\n- **Adaptive Social Assistant** — a user can choose to track industry leaders, stock exchanges etc and then receive notifications when specific words come up in the social media accounts of those leaders.\n- **Trader’s Behavioural Analysis** — this analyses your trading history and makes suggestions on how to improve. For example you may exit trades too early and the advice could be to stay in longer and make more profit.\n- **Exchange Order Management** — allows you to set stop loss and take profit levels and calculates the most favourable level to open an order at based on a mathematical algorithm.\n- **News Analysis** —reports are generated from the flow of news media around trading topics.\n- **Arbitrage Assistant** — this allows you to profit from the difference in prices of cryptocurrencies at various exchanges.\n- **Anomalous Volume Dynamics Analyser** — tracks situations where is unusual volume traded of particular crypto assets.\n- **Cryptoacademy** — text and video tools to help traders understand theoretical and practical aspects of trading the markets.\n- **Trading Recommendations** — you can receive trading recommendations from independent traders and experts, whose reputation will be tracked using a rating system.\n- **Global Price Analyser** — will look at all the exchanges to find you the best price for the cryptocurrency you are interested in.\n- **Cryptocurrency Portfolio Management **— this allows you to track and manage a cryptocurrency portfolio using statistics and rebalancing.\n- **Price Notification** — you can receive notifications by text, e-mail, app, messenger etc, regarding cryptocurrency pairs about set price values and take profit/stop loss coefficients.\n- **Telegram Assistant** — this allows you to interact with FTEC and its features via the Telegram app. Plus there will be mobile and desktop apps too.\n\nSo as you can see from that list of 12 features FTEC will be a very comprehensive crypto trading platform with a wealth of tools to assist the trader.\n\nTheir tools already work with some of the biggest exchanges including Bittrex, Binance, Poloniex, Yobit and others.\n\n# FTEC Token — How It Will Work\nThe FTEC Token will be required to access the FTEC platform and then additional tokens will be paid for accessing various services on the platform as described above.\n\nThere will be various advantages to those who purchase tokens in the pre-sale and main sale once the FTEC platform is launched and node holders, including:\n\n- Being able to automate trades, even with a low token balance.\n- Unlimited number of simultaneously maintained orders.\n- VIP lessons in trading.\n- Being able to create a number of different portfolios at the same time.\n\nPlus there will apparently be 12 more benefits to early adopters.\n\n# ICO Details\nThe pre-sale has already taken place and ran from 24th April to 22nd May 2018. There were 147,980,000 tokens available during the pre-sale.\n\nThe main public sale is due to start soon and here are the main details for it:\n\n· Token: FTEC\n\n· Token Type: Ethereum ERC-20\n\n· Maximum number of tokens: 998 million\n\n· Tokens available during main ICO: 700 million\n\n· Token price: 1 ETH = 29,970 FTEC without bonuses (i.e. = $0.02 at time of writing)\n\n· Soft Cap: 2,000 ETH ($1.2m)\n\n· Hard Cap: 26,500 ETH ($16m)\n\n· Sale starts: 20th June 2018\n\n· Sale ends: 18th July 2018\n\n# ICO Ratings\nThe ICO has been reviewed by ICO rating sites and has received exceptionally good ratings. Here are some of the main ones:\n\n- Track ICO: 5/5\n- ICO Bench: 4.9/5\n- Found ICO: 9.6/10\n- Token Desk: 9.3/10\n- ICO Marks: 9.4/10\n\nThose are some of the best ratings I have seen for an ICO across the board.\n\n# Conclusion — FTEC Token ICO\nThe FTEC platform is looking like one of the hottest ICOs at the moment with a massive following on Telegram (over 37,000 members) and Twitter (over 29,000 followers).\n\nThey have already achieved their soft cap and with the level of interest in this project, it would not be a surprise at all to see them hit their hard cap well before the end of the token sale.\n\nAlthough there are already some trading platforms out there, FTEC looks the most comprehensive and will provide some very useful features for traders to give them an edge in their trading.\n\nThe token model is interesting, with users being required to use tokens to access the platform and then pay for services on it. So if it is popular the demand for tokens could be very high.\n\nHow effective the trading platform ends up being remains to be seen, but certainly from what they have produced so far this looks like a very promising ICO.\n\nYou can check out the FTEC ICO [here](https://ftec.io/).",
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2018/05/27 10:24:18
authorcryptodan21
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2018/05/27 10:24:06
authorcryptodan21
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2018/05/25 19:07:03
authorcryptodan21
body![Yumerium-pic.png](https://cdn.steemitimages.com/DQmebXYfaQgXpFe1FCBmf3PSyGZyzcbrkG87f1upUeJjyTk/Yumerium-pic.png) Yumerium is a new blockchain project that is having its token sale at the moment. Basically they want to allow people to earn cryptocurrency by playing, sharing and reviewing video games. Today I want to take a closer look at the Roadmap for Yumerium and discover how far they are in terms of developing their plans and what is to come in the future. Looking at the roadmap is one of the most important aspects of any ICO because it tells what stage a company is at. Some companies may still be a year or more away from launching their actual product, whereas others have theirs already made and are good to go once the ICO is over. It is the ones who can hit the ground running and carry momentum forward that tend to become successes, whereas those that drag on for months or even years on end without anything happening tend to lose their followings. So let’s take a look at where exactly Yumerium are in that cycle — but first let’s have a quick recap of what their project is all about. # Yumerium — The “Play to Earn” Gaming Model Video gaming has evolved in recent years from a “pay to play” model to a “free to play” model and is now evolving again towards a “play to earn” model. Yumerium aim to be at the forefront of this evolution by allowing people to earn cryptocurrency (in the form of Yumerium tokens or “YUM” for short) for playing, reviewing and sharing games on their platform. People tend to trust the reviews of fellow gamers much more than official advertising and marketing, so in this way the platform has the potential to grow in a viral way as more and more people share and earn tokens, play games, review them and introduce new people. The developers of video games will be given “seed tokens” when they launch new games on the platform, which they can then distribute amongst the community to bring in new players and reward people for promotional efforts. People can then use the YUM tokens in the games — or alternatively sell them on exchanges for profit. There will initially be four games on the Yumerium platform when it launches — Mega Overlord, Kingdom Watcher, Dream Pets, and Hell Dimension VR. # The Roadmap — Where Yumerium are Now So what stage are Yumerium at right now? Well, they have been in the video gaming space for a number of years, having developed a number of games including gPotato, which brought the “free-to-play” model to western countries for the first time. gPotato was subsequently sold in 2013 to Webzen, one of South Korea’s most prominent game publishers. In 2017 they released the games Mega Overlord, Kingdom Watcher and Hell Dimension VR and expanded into games arcades. They have also prepared the ground for the their ICO and launching the full Yumerium platform. So they are not like many ICO projects which are brand new start-ups — they have a great deal of experience, have already released games and know the industry they are working in well. # The Roadmap — What’s Next In terms of what’s next, Yumerium’s roadmap essentially has three initial stages: 1. **Launch Yumerium platform with Mega Overlord & VR Plus (Q2 2018)**— this will be more of a test phase where they can check various features such as CryptoPrize, the referral system and that VR Plus (their virtual reality system) works in arcades. 2. **Yumerium Open Source Development (Q3 2018)** — further testing, with three Subdream Studios games being connected to the Yumerium network, plus other new features being added. Will be open source and available on GitHub. 3. **Native Games and Development Partners (Q4 2018) **— they will then look to add partners’ games to the network as well as their own game CryptoMine. In terms of game development beyond this, they will initially select games to be developed, which will be funded by their current company Subdream Labs. They hope to help developers publish five games in this way by the second quarter of 2019. Following this, they will continue to support game developers but will leave the choice of which games to be developed up to the Yumerium community who will vote on which games they want to see on the platform. The top voted games will then be developed — the aim is for this to happen in Q3 2019 up to Q1 2020. Finally, Yumerium and Subdream will step away from the selection process and allow publishers to put forward their ideas for new games to the community, with a crowdfunding model being used to pay for development. Subdream will still offer their skills and experience to developers on a consultancy basis at this stage however. Through all of these stages, developers can also bring games to the platform at their own expense. # Conclusion — A Well Developed Roadmap The Yumerium Roadmap is clearly set out and is already well developed. The people behind it have years of experience in the video game world, running a successful business in the field. In just a few months there are due to be games tested on the platform, with most of the full platform features due to be introduced towards the end of this year or early next year. Beyond that we should see more games added to the platform and the user base grow as a result. So this certainly isn’t one of those ICOs where the actual product is some distant prospect — you should be able to access the platform and start playing games soon. The pre-sale for the ICO has already started and signs are good, with the private sale having sold out. You can check out the Yumerium ICO [here](https://www.yumerium.com/).
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titleYumerium — Taking a Look at the Roadmap for “Play to Earn” Video Game Platform
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      "author": "cryptodan21",
      "body": "![Yumerium-pic.png](https://cdn.steemitimages.com/DQmebXYfaQgXpFe1FCBmf3PSyGZyzcbrkG87f1upUeJjyTk/Yumerium-pic.png)\n\nYumerium is a new blockchain project that is having its token sale at the moment. Basically they want to allow people to earn cryptocurrency by playing, sharing and reviewing video games.\n\nToday I want to take a closer look at the Roadmap for Yumerium and discover how far they are in terms of developing their plans and what is to come in the future.\n\nLooking at the roadmap is one of the most important aspects of any ICO because it tells what stage a company is at. Some companies may still be a year or more away from launching their actual product, whereas others have theirs already made and are good to go once the ICO is over.\n\nIt is the ones who can hit the ground running and carry momentum forward that tend to become successes, whereas those that drag on for months or even years on end without anything happening tend to lose their followings.\n\nSo let’s take a look at where exactly Yumerium are in that cycle — but first let’s have a quick recap of what their project is all about.\n\n# Yumerium — The “Play to Earn” Gaming Model\nVideo gaming has evolved in recent years from a “pay to play” model to a “free to play” model and is now evolving again towards a “play to earn” model.\n\nYumerium aim to be at the forefront of this evolution by allowing people to earn cryptocurrency (in the form of Yumerium tokens or “YUM” for short) for playing, reviewing and sharing games on their platform.\n\nPeople tend to trust the reviews of fellow gamers much more than official advertising and marketing, so in this way the platform has the potential to grow in a viral way as more and more people share and earn tokens, play games, review them and introduce new people.\n\nThe developers of video games will be given “seed tokens” when they launch new games on the platform, which they can then distribute amongst the community to bring in new players and reward people for promotional efforts.\n\nPeople can then use the YUM tokens in the games — or alternatively sell them on exchanges for profit.\n\nThere will initially be four games on the Yumerium platform when it launches — Mega Overlord, Kingdom Watcher, Dream Pets, and Hell Dimension VR.\n\n# The Roadmap — Where Yumerium are Now\nSo what stage are Yumerium at right now?\n\nWell, they have been in the video gaming space for a number of years, having developed a number of games including gPotato, which brought the “free-to-play” model to western countries for the first time. gPotato was subsequently sold in 2013 to Webzen, one of South Korea’s most prominent game publishers.\n\nIn 2017 they released the games Mega Overlord, Kingdom Watcher and Hell Dimension VR and expanded into games arcades. They have also prepared the ground for the their ICO and launching the full Yumerium platform.\n\nSo they are not like many ICO projects which are brand new start-ups — they have a great deal of experience, have already released games and know the industry they are working in well.\n\n# The Roadmap — What’s Next\nIn terms of what’s next, Yumerium’s roadmap essentially has three initial stages:\n\n1. **Launch Yumerium platform with Mega Overlord & VR Plus (Q2 2018)**— this will be more of a test phase where they can check various features such as CryptoPrize, the referral system and that VR Plus (their virtual reality system) works in arcades.\n2. **Yumerium Open Source Development (Q3 2018)** — further testing, with three Subdream Studios games being connected to the Yumerium network, plus other new features being added. Will be open source and available on GitHub.\n3. **Native Games and Development Partners (Q4 2018) **— they will then look to add partners’ games to the network as well as their own game CryptoMine.\n\nIn terms of game development beyond this, they will initially select games to be developed, which will be funded by their current company Subdream Labs. They hope to help developers publish five games in this way by the second quarter of 2019.\n\nFollowing this, they will continue to support game developers but will leave the choice of which games to be developed up to the Yumerium community who will vote on which games they want to see on the platform. The top voted games will then be developed — the aim is for this to happen in Q3 2019 up to Q1 2020.\n\nFinally, Yumerium and Subdream will step away from the selection process and allow publishers to put forward their ideas for new games to the community, with a crowdfunding model being used to pay for development. Subdream will still offer their skills and experience to developers on a consultancy basis at this stage however.\n\nThrough all of these stages, developers can also bring games to the platform at their own expense.\n\n# Conclusion — A Well Developed Roadmap\nThe Yumerium Roadmap is clearly set out and is already well developed. The people behind it have years of experience in the video game world, running a successful business in the field.\n\nIn just a few months there are due to be games tested on the platform, with most of the full platform features due to be introduced towards the end of this year or early next year. Beyond that we should see more games added to the platform and the user base grow as a result.\n\nSo this certainly isn’t one of those ICOs where the actual product is some distant prospect — you should be able to access the platform and start playing games soon.\n\nThe pre-sale for the ICO has already started and signs are good, with the private sale having sold out.\n\nYou can check out the Yumerium ICO [here](https://www.yumerium.com/).",
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2018/05/24 19:25:57
authorcryptodan21
permlinkblockshipping-token-model-update-extra-payouts
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2018/05/24 18:56:51
authorcryptodan21
permlinkblockshipping-token-model-update-extra-payouts
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2018/05/24 18:55:54
authorcryptodan21
body![Blockshipping pic.png](https://cdn.steemitimages.com/DQmeSJUbD8ajEqribqM87733dNTuAPX6d9CLmw7t2E1UMty/Blockshipping%20pic.png) I recently published a review of the Blockshipping ICO, a project which is aiming to use blockchain technology to shake up the global shipping container industry. In that article I mentioned that they will be offering a token with a payout, whereby holders of the token will get a share of Blockshipping’s revenues. Well the news is now even better — they have just announced they will be increasing the token payouts, so the project looks even more attractive. Below I’ll take a look at what exactly has changed, but firstly let’s do a quick recap of what the project is all about and how the token model will work. # Blockshipping.io — Rethinking the Shipping Container Industry Currently the shipping container industry suffers from widespread inefficiencies and is ripe for disruption by a player with the requisite knowledge and skills within the field. At the moment, whilst the industry is worth an estimated $12tn per year (yes that’s 12 trillion dollars), there are significant issues to be addressed that could improve the way it operates. For instance, currently there is no tracking system for all the containers, meaning companies often don’t know exactly where their containers are and miss out on utilising them to maximum efficiency. At the same time, many containers are left empty or half-empty for a journey and instead could be used for cargo — saving space and money. Many other processes such as payments and filing are still done mainly using paper and old technology and could be greatly improved with digital and blockchain technology. Blockshipping are proposing to solve these problems with the following innovations: - A complete register of containers, using IoT technology to track them, so that everyone knows where their containers are; - Matching up empty or half-empty containers with cargo to ensure optimum efficiency; - A payment platform for all parties to use; and - Automated processes to reduce paperwork and inefficiencies. All in all Blockshipping estimate that these and other changes they are planning could save the industry over $5.7bn per year, as well as reducing global CO2 emissions by more than 4.6m tonnes annually — very significant savings indeed. # The Blockshipping Token Model Explained There will be two tokens issued by Blockshipping. They have chosen to issue two tokens after having seen what happens to other tokens that become popular on exchanges, increasing so much in value that they are no longer practical to use for their original purpose. So by splitting functionality into two tokens, they will ensure they don’t suffer from that problem. **Internal Token — CPT** Essentially they will have one token that is used internally on the platform to make payments — that will be the Container Platform Token (CPT). Only those using Blockshipping’s services will be able to access the token and it will be run on an internal blockchain. So it could be used to pay for anything from the maintenance and repair of containers to transporting them by rail or yard costs. The price will be fixed at $1 per token. **External Token — CCC** The other token — and the one we are more interested in — is the Container Crypto Coin (CCC) and that is the one that will make payouts to token holders from the revenues generated by Blockshipping’s operations. It will be an ERC-20 token on the Ethereum blockchain. It will not be possible to use the CCC on their Global Shipping Container Platform (GSCP) at the start — although they say they have some ideas for using the token on the platform at a later date. So its role will initially be to raise funding for Blockshipping via the ICO and then to reward holders with a share in revenues, as well as to potentially be used to fund acquisitions for Blockshipping later. They plan to pay out the revenue in CCC tokens via a reverse Dutch auction model (once all the CCCs are used up), which although quite complicated in its operation should ensure liquidity and that the price of CCC tokens holds up for distributions. **Increased Payouts** The rewards were initially planned to be based on a sliding scale, but Blockshipping have just announced that the reward model will now be much simpler. Instead it will simply be that if revenues are below $30.8m, the CCC owners will be rewarded 20% of the revenue. Thereafter, 3% of revenue will be distributed to CCC owners. The previous model included for example that if revenues exceeded $2.5m per month, then the revenue share would be just 1%, so this is a considerable improvement. This is estimated to increase the potential ROI (return on investment) from what would have been 10% p.a. under the old model by 2022 to over 19% by 2022, so in effect almost a doubling of the ROI. **Market Maker Fund** Blockshipping will also provide a market maker fund such that if after the ICO (and before the first phase of their solution is launched), the price of the CCC token falls below a certain level then holders will be able to sell their tokens back to Blockshipping. Thus there will be a safety net for investors. # Conclusion — An Improved Model The token model for Blockshipping has been carefully thought through and should mean their platform is able to function effectively without the risk of wild price swings in the core token used on the platform, whilst at the same time having a separate token that will reward token holders with a share in revenues and that could potentially increase in value. Of course it remains to be seen what those revenues will be, but it is welcome that they have decided to increase the portion that will be shared with token holders and this increases the attractiveness of what was already looking like a strong project. So if they can execute their plans successfully then this could be quite a good token to hold and receive regular payouts from. You can check out the Blockshipping ICO [here](https://www.blockshipping.io/).
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parent author
parent permlinkcryptocurrency
permlinkblockshipping-token-model-update-extra-payouts
titleBlockshipping Token Model Update — Extra Payouts!
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      "author": "cryptodan21",
      "body": "![Blockshipping pic.png](https://cdn.steemitimages.com/DQmeSJUbD8ajEqribqM87733dNTuAPX6d9CLmw7t2E1UMty/Blockshipping%20pic.png)\n\nI recently published a review of the Blockshipping ICO, a project which is aiming to use blockchain technology to shake up the global shipping container industry.\n\nIn that article I mentioned that they will be offering a token with a payout, whereby holders of the token will get a share of Blockshipping’s revenues.\n\nWell the news is now even better — they have just announced they will be increasing the token payouts, so the project looks even more attractive.\n\nBelow I’ll take a look at what exactly has changed, but firstly let’s do a quick recap of what the project is all about and how the token model will work.\n\n# Blockshipping.io — Rethinking the Shipping Container Industry\nCurrently the shipping container industry suffers from widespread inefficiencies and is ripe for disruption by a player with the requisite knowledge and skills within the field.\n\nAt the moment, whilst the industry is worth an estimated $12tn per year (yes that’s 12 trillion dollars), there are significant issues to be addressed that could improve the way it operates.\n\nFor instance, currently there is no tracking system for all the containers, meaning companies often don’t know exactly where their containers are and miss out on utilising them to maximum efficiency.\n\nAt the same time, many containers are left empty or half-empty for a journey and instead could be used for cargo — saving space and money. Many other processes such as payments and filing are still done mainly using paper and old technology and could be greatly improved with digital and blockchain technology.\n\nBlockshipping are proposing to solve these problems with the following innovations:\n\n- A complete register of containers, using IoT technology to track them, so that everyone knows where their containers are;\n- Matching up empty or half-empty containers with cargo to ensure optimum efficiency;\n- A payment platform for all parties to use; and\n- Automated processes to reduce paperwork and inefficiencies.\n\nAll in all Blockshipping estimate that these and other changes they are planning could save the industry over $5.7bn per year, as well as reducing global CO2 emissions by more than 4.6m tonnes annually — very significant savings indeed.\n\n# The Blockshipping Token Model Explained\nThere will be two tokens issued by Blockshipping. They have chosen to issue two tokens after having seen what happens to other tokens that become popular on exchanges, increasing so much in value that they are no longer practical to use for their original purpose. So by splitting functionality into two tokens, they will ensure they don’t suffer from that problem.\n\n**Internal Token — CPT**\n\nEssentially they will have one token that is used internally on the platform to make payments — that will be the Container Platform Token (CPT). Only those using Blockshipping’s services will be able to access the token and it will be run on an internal blockchain. So it could be used to pay for anything from the maintenance and repair of containers to transporting them by rail or yard costs. The price will be fixed at $1 per token.\n\n**External Token — CCC**\n\nThe other token — and the one we are more interested in — is the Container Crypto Coin (CCC) and that is the one that will make payouts to token holders from the revenues generated by Blockshipping’s operations. It will be an ERC-20 token on the Ethereum blockchain.\n\nIt will not be possible to use the CCC on their Global Shipping Container Platform (GSCP) at the start — although they say they have some ideas for using the token on the platform at a later date.\n\nSo its role will initially be to raise funding for Blockshipping via the ICO and then to reward holders with a share in revenues, as well as to potentially be used to fund acquisitions for Blockshipping later.\n\nThey plan to pay out the revenue in CCC tokens via a reverse Dutch auction model (once all the CCCs are used up), which although quite complicated in its operation should ensure liquidity and that the price of CCC tokens holds up for distributions.\n\n**Increased Payouts**\n\nThe rewards were initially planned to be based on a sliding scale, but Blockshipping have just announced that the reward model will now be much simpler.\n\nInstead it will simply be that if revenues are below $30.8m, the CCC owners will be rewarded 20% of the revenue. Thereafter, 3% of revenue will be distributed to CCC owners.\n\nThe previous model included for example that if revenues exceeded $2.5m per month, then the revenue share would be just 1%, so this is a considerable improvement.\n\nThis is estimated to increase the potential ROI (return on investment) from what would have been 10% p.a. under the old model by 2022 to over 19% by 2022, so in effect almost a doubling of the ROI.\n\n**Market Maker Fund**\n\nBlockshipping will also provide a market maker fund such that if after the ICO (and before the first phase of their solution is launched), the price of the CCC token falls below a certain level then holders will be able to sell their tokens back to Blockshipping. Thus there will be a safety net for investors.\n\n# Conclusion — An Improved Model\nThe token model for Blockshipping has been carefully thought through and should mean their platform is able to function effectively without the risk of wild price swings in the core token used on the platform, whilst at the same time having a separate token that will reward token holders with a share in revenues and that could potentially increase in value.\n\nOf course it remains to be seen what those revenues will be, but it is welcome that they have decided to increase the portion that will be shared with token holders and this increases the attractiveness of what was already looking like a strong project.\n\nSo if they can execute their plans successfully then this could be quite a good token to hold and receive regular payouts from.\n\nYou can check out the Blockshipping ICO [here](https://www.blockshipping.io/).",
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2018/05/23 17:49:39
authorfidelio81
bodyDo you suggest some newborn ICOs to look for?
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