Ecoer Logo
VOTING POWER100.00%
DOWNVOTE POWER100.00%
RESOURCE CREDITS100.00%
REPUTATION PROGRESS0.00%
Net Worth
0.008USD
STEEM
0.000STEEM
SBD
0.001SBD
Effective Power
5.007SP
├── Own SP
0.125SP
└── Incoming Deleg
+4.882SP

Detailed Balance

STEEM
balance
0.000STEEM
market_balance
0.000STEEM
savings_balance
0.000STEEM
reward_steem_balance
0.000STEEM
STEEM POWER
Own SP
0.125SP
Delegated Out
0.000SP
Delegation In
4.882SP
Effective Power
5.007SP
Reward SP (pending)
0.000SP
SBD
sbd_balance
0.001SBD
sbd_conversions
0.000SBD
sbd_market_balance
0.000SBD
savings_sbd_balance
0.000SBD
reward_sbd_balance
0.000SBD
{
  "balance": "0.000 STEEM",
  "savings_balance": "0.000 STEEM",
  "reward_steem_balance": "0.000 STEEM",
  "vesting_shares": "203.084484 VESTS",
  "delegated_vesting_shares": "0.000000 VESTS",
  "received_vesting_shares": "7940.575322 VESTS",
  "sbd_balance": "0.001 SBD",
  "savings_sbd_balance": "0.000 SBD",
  "reward_sbd_balance": "0.000 SBD",
  "conversions": []
}

Account Info

namemiguelcryto
id1057359
rank266,290
reputation350826828
created2018-06-23T09:58:12
recovery_accountsteem
proxyNone
post_count13
comment_count0
lifetime_vote_count0
witnesses_voted_for0
last_post2018-09-10T01:03:51
last_root_post2018-09-10T01:03:51
last_vote_time1970-01-01T00:00:00
proxied_vsf_votes0, 0, 0, 0
can_vote1
voting_power0
delayed_votes0
balance0.000 STEEM
savings_balance0.000 STEEM
sbd_balance0.001 SBD
savings_sbd_balance0.000 SBD
vesting_shares203.084484 VESTS
delegated_vesting_shares0.000000 VESTS
received_vesting_shares7940.575322 VESTS
reward_vesting_balance0.000000 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_seconds0
sbd_last_interest_payment1970-01-01T00:00:00
savings_sbd_last_interest_payment1970-01-01T00:00:00
{
  "active": {
    "account_auths": [],
    "key_auths": [
      [
        "STM79L5tVqhffHEPmMcY2uNRgG6GnPXCmZAj4qdf6oGBNUS5dYcJz",
        1
      ]
    ],
    "weight_threshold": 1
  },
  "balance": "0.000 STEEM",
  "can_vote": true,
  "comment_count": 0,
  "created": "2018-06-23T09:58:12",
  "curation_rewards": 0,
  "delegated_vesting_shares": "0.000000 VESTS",
  "downvote_manabar": {
    "current_mana": 2035914951,
    "last_update_time": 1779075987
  },
  "guest_bloggers": [],
  "id": 1057359,
  "json_metadata": "{}",
  "last_account_recovery": "1970-01-01T00:00:00",
  "last_account_update": "1970-01-01T00:00:00",
  "last_owner_update": "1970-01-01T00:00:00",
  "last_post": "2018-09-10T01:03:51",
  "last_root_post": "2018-09-10T01:03:51",
  "last_vote_time": "1970-01-01T00:00:00",
  "lifetime_vote_count": 0,
  "market_history": [],
  "memo_key": "STM6jXTRAzfbtWPzc4csiXF2qvvKhL3kogQQPubNKFShkjfjvsnTm",
  "mined": false,
  "name": "miguelcryto",
  "next_vesting_withdrawal": "1969-12-31T23:59:59",
  "other_history": [],
  "owner": {
    "account_auths": [],
    "key_auths": [
      [
        "STM5LxKfN5ygLNNQfGHRNtPxzA78Dq34tP6JUSBkpUbpXwLiRmrqe",
        1
      ]
    ],
    "weight_threshold": 1
  },
  "pending_claimed_accounts": 0,
  "post_bandwidth": 0,
  "post_count": 13,
  "post_history": [],
  "posting": {
    "account_auths": [],
    "key_auths": [
      [
        "STM69McfykfuhLJjQaMGKzRyJqjKpAKXvJKdPjkC58KbW1VBRW68G",
        1
      ]
    ],
    "weight_threshold": 1
  },
  "posting_json_metadata": "",
  "posting_rewards": 0,
  "proxied_vsf_votes": [
    0,
    0,
    0,
    0
  ],
  "proxy": "",
  "received_vesting_shares": "7940.575322 VESTS",
  "recovery_account": "steem",
  "reputation": 350826828,
  "reset_account": "null",
  "reward_sbd_balance": "0.000 SBD",
  "reward_steem_balance": "0.000 STEEM",
  "reward_vesting_balance": "0.000000 VESTS",
  "reward_vesting_steem": "0.000 STEEM",
  "savings_balance": "0.000 STEEM",
  "savings_sbd_balance": "0.000 SBD",
  "savings_sbd_last_interest_payment": "1970-01-01T00:00:00",
  "savings_sbd_seconds": "0",
  "savings_sbd_seconds_last_update": "1970-01-01T00:00:00",
  "savings_withdraw_requests": 0,
  "sbd_balance": "0.001 SBD",
  "sbd_last_interest_payment": "1970-01-01T00:00:00",
  "sbd_seconds": "0",
  "sbd_seconds_last_update": "2018-08-05T01:15:18",
  "tags_usage": [],
  "to_withdraw": 0,
  "transfer_history": [],
  "vesting_balance": "0.000 STEEM",
  "vesting_shares": "203.084484 VESTS",
  "vesting_withdraw_rate": "0.000000 VESTS",
  "vote_history": [],
  "voting_manabar": {
    "current_mana": "8143659806",
    "last_update_time": 1779075987
  },
  "voting_power": 0,
  "withdraw_routes": 0,
  "withdrawn": 0,
  "witness_votes": [],
  "witnesses_voted_for": 0,
  "rank": 266290
}

Withdraw Routes

IncomingOutgoing
Empty
Empty
{
  "incoming": [],
  "outgoing": []
}
From Date
To Date
steemdelegated 4.882 SP to @miguelcryto
2026/05/18 03:46:27
delegateemiguelcryto
delegatorsteem
vesting shares7940.575322 VESTS
Transaction InfoBlock #106147652/Trx b1899567535d335e7f152f4b8d5019aff7ba3275
View Raw JSON Data
{
  "block": 106147652,
  "op": [
    "delegate_vesting_shares",
    {
      "delegatee": "miguelcryto",
      "delegator": "steem",
      "vesting_shares": "7940.575322 VESTS"
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2026-05-18T03:46:27",
  "trx_id": "b1899567535d335e7f152f4b8d5019aff7ba3275",
  "trx_in_block": 7,
  "virtual_op": 0
}
steemdelegated 3.215 SP to @miguelcryto
2026/05/12 18:06:21
delegateemiguelcryto
delegatorsteem
vesting shares5228.364917 VESTS
Transaction InfoBlock #105992791/Trx 49f7d7c6a20bef9460564043c672791990bfe7ed
View Raw JSON Data
{
  "block": 105992791,
  "op": [
    "delegate_vesting_shares",
    {
      "delegatee": "miguelcryto",
      "delegator": "steem",
      "vesting_shares": "5228.364917 VESTS"
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2026-05-12T18:06:21",
  "trx_id": "49f7d7c6a20bef9460564043c672791990bfe7ed",
  "trx_in_block": 0,
  "virtual_op": 0
}
steemdelegated 4.890 SP to @miguelcryto
2026/04/26 03:01:54
delegateemiguelcryto
delegatorsteem
vesting shares7953.091078 VESTS
Transaction InfoBlock #105515206/Trx 91d0276b11f49da5221916da6bb0e968164f4592
View Raw JSON Data
{
  "block": 105515206,
  "op": [
    "delegate_vesting_shares",
    {
      "delegatee": "miguelcryto",
      "delegator": "steem",
      "vesting_shares": "7953.091078 VESTS"
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2026-04-26T03:01:54",
  "trx_id": "91d0276b11f49da5221916da6bb0e968164f4592",
  "trx_in_block": 2,
  "virtual_op": 0
}
steemdelegated 3.240 SP to @miguelcryto
2026/01/23 17:14:57
delegateemiguelcryto
delegatorsteem
vesting shares5269.911736 VESTS
Transaction InfoBlock #102863132/Trx 6930060eeaa0f996c2b00898405ae562f4b8fc88
View Raw JSON Data
{
  "block": 102863132,
  "op": [
    "delegate_vesting_shares",
    {
      "delegatee": "miguelcryto",
      "delegator": "steem",
      "vesting_shares": "5269.911736 VESTS"
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2026-01-23T17:14:57",
  "trx_id": "6930060eeaa0f996c2b00898405ae562f4b8fc88",
  "trx_in_block": 3,
  "virtual_op": 0
}
steemdelegated 3.341 SP to @miguelcryto
2024/12/17 12:27:51
delegateemiguelcryto
delegatorsteem
vesting shares5434.130933 VESTS
Transaction InfoBlock #91309402/Trx 993cbd831fcae31263aadedb100bb6dff98b9376
View Raw JSON Data
{
  "block": 91309402,
  "op": [
    "delegate_vesting_shares",
    {
      "delegatee": "miguelcryto",
      "delegator": "steem",
      "vesting_shares": "5434.130933 VESTS"
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2024-12-17T12:27:51",
  "trx_id": "993cbd831fcae31263aadedb100bb6dff98b9376",
  "trx_in_block": 1,
  "virtual_op": 0
}
steemdelegated 3.445 SP to @miguelcryto
2023/11/14 04:09:39
delegateemiguelcryto
delegatorsteem
vesting shares5603.264465 VESTS
Transaction InfoBlock #79863576/Trx d3047692c24e3b36adb744f2a537313841354eae
View Raw JSON Data
{
  "block": 79863576,
  "op": [
    "delegate_vesting_shares",
    {
      "delegatee": "miguelcryto",
      "delegator": "steem",
      "vesting_shares": "5603.264465 VESTS"
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2023-11-14T04:09:39",
  "trx_id": "d3047692c24e3b36adb744f2a537313841354eae",
  "trx_in_block": 2,
  "virtual_op": 0
}
steemdelegated 5.251 SP to @miguelcryto
2023/09/22 01:58:18
delegateemiguelcryto
delegatorsteem
vesting shares8540.543251 VESTS
Transaction InfoBlock #78352786/Trx 9d922ee856b42052d03f723cd904537d4868a31c
View Raw JSON Data
{
  "block": 78352786,
  "op": [
    "delegate_vesting_shares",
    {
      "delegatee": "miguelcryto",
      "delegator": "steem",
      "vesting_shares": "8540.543251 VESTS"
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2023-09-22T01:58:18",
  "trx_id": "9d922ee856b42052d03f723cd904537d4868a31c",
  "trx_in_block": 5,
  "virtual_op": 0
}
steemdelegated 5.387 SP to @miguelcryto
2022/11/03 15:15:27
delegateemiguelcryto
delegatorsteem
vesting shares8762.224689 VESTS
Transaction InfoBlock #69117505/Trx ab39ef526c64b3a4fdeb7628dd6579497ccc2b32
View Raw JSON Data
{
  "block": 69117505,
  "op": [
    "delegate_vesting_shares",
    {
      "delegatee": "miguelcryto",
      "delegator": "steem",
      "vesting_shares": "8762.224689 VESTS"
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2022-11-03T15:15:27",
  "trx_id": "ab39ef526c64b3a4fdeb7628dd6579497ccc2b32",
  "trx_in_block": 12,
  "virtual_op": 0
}
steemdelegated 5.523 SP to @miguelcryto
2022/01/17 20:42:12
delegateemiguelcryto
delegatorsteem
vesting shares8982.332290 VESTS
Transaction InfoBlock #60821049/Trx 5fe035c09995bdad797fe5b1188036980598300c
View Raw JSON Data
{
  "block": 60821049,
  "op": [
    "delegate_vesting_shares",
    {
      "delegatee": "miguelcryto",
      "delegator": "steem",
      "vesting_shares": "8982.332290 VESTS"
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2022-01-17T20:42:12",
  "trx_id": "5fe035c09995bdad797fe5b1188036980598300c",
  "trx_in_block": 15,
  "virtual_op": 0
}
steemdelegated 5.636 SP to @miguelcryto
2021/06/14 03:59:36
delegateemiguelcryto
delegatorsteem
vesting shares9166.526578 VESTS
Transaction InfoBlock #54611514/Trx f78c2d9a23bedcdec2483152eec01db6f538e28d
View Raw JSON Data
{
  "block": 54611514,
  "op": [
    "delegate_vesting_shares",
    {
      "delegatee": "miguelcryto",
      "delegator": "steem",
      "vesting_shares": "9166.526578 VESTS"
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2021-06-14T03:59:36",
  "trx_id": "f78c2d9a23bedcdec2483152eec01db6f538e28d",
  "trx_in_block": 1,
  "virtual_op": 0
}
steemdelegated 5.751 SP to @miguelcryto
2020/12/11 14:14:21
delegateemiguelcryto
delegatorsteem
vesting shares9353.948552 VESTS
Transaction InfoBlock #49358853/Trx e5ec1d5fffe8e3437cd9f955ca9f05e1f89f4c66
View Raw JSON Data
{
  "block": 49358853,
  "op": [
    "delegate_vesting_shares",
    {
      "delegatee": "miguelcryto",
      "delegator": "steem",
      "vesting_shares": "9353.948552 VESTS"
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2020-12-11T14:14:21",
  "trx_id": "e5ec1d5fffe8e3437cd9f955ca9f05e1f89f4c66",
  "trx_in_block": 12,
  "virtual_op": 0
}
steemdelegated 1.176 SP to @miguelcryto
2020/12/06 07:50:24
delegateemiguelcryto
delegatorsteem
vesting shares1912.543513 VESTS
Transaction InfoBlock #49210384/Trx e79d90aff68bf1bc506ef9a5759b246df3f63fd7
View Raw JSON Data
{
  "block": 49210384,
  "op": [
    "delegate_vesting_shares",
    {
      "delegatee": "miguelcryto",
      "delegator": "steem",
      "vesting_shares": "1912.543513 VESTS"
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2020-12-06T07:50:24",
  "trx_id": "e79d90aff68bf1bc506ef9a5759b246df3f63fd7",
  "trx_in_block": 2,
  "virtual_op": 0
}
steemdelegated 5.755 SP to @miguelcryto
2020/12/05 17:52:09
delegateemiguelcryto
delegatorsteem
vesting shares9360.156406 VESTS
Transaction InfoBlock #49193937/Trx 8d144f6508694cf423299cac33ce295329860911
View Raw JSON Data
{
  "block": 49193937,
  "op": [
    "delegate_vesting_shares",
    {
      "delegatee": "miguelcryto",
      "delegator": "steem",
      "vesting_shares": "9360.156406 VESTS"
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2020-12-05T17:52:09",
  "trx_id": "8d144f6508694cf423299cac33ce295329860911",
  "trx_in_block": 1,
  "virtual_op": 0
}
steemdelegated 1.181 SP to @miguelcryto
2020/11/02 22:06:09
delegateemiguelcryto
delegatorsteem
vesting shares1920.017158 VESTS
Transaction InfoBlock #48265414/Trx d400b9b2ab2c429fe20a7398bceb3e36977704b1
View Raw JSON Data
{
  "block": 48265414,
  "op": [
    "delegate_vesting_shares",
    {
      "delegatee": "miguelcryto",
      "delegator": "steem",
      "vesting_shares": "1920.017158 VESTS"
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2020-11-02T22:06:09",
  "trx_id": "d400b9b2ab2c429fe20a7398bceb3e36977704b1",
  "trx_in_block": 2,
  "virtual_op": 0
}
steemdelegated 5.880 SP to @miguelcryto
2020/05/09 08:51:18
delegateemiguelcryto
delegatorsteem
vesting shares9562.961765 VESTS
Transaction InfoBlock #43220684/Trx 2181e3b3fded49ce286e9fb9d17612e01da45cd1
View Raw JSON Data
{
  "block": 43220684,
  "op": [
    "delegate_vesting_shares",
    {
      "delegatee": "miguelcryto",
      "delegator": "steem",
      "vesting_shares": "9562.961765 VESTS"
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2020-05-09T08:51:18",
  "trx_id": "2181e3b3fded49ce286e9fb9d17612e01da45cd1",
  "trx_in_block": 0,
  "virtual_op": 0
}
steemdelegated 1.201 SP to @miguelcryto
2020/05/08 12:55:51
delegateemiguelcryto
delegatorsteem
vesting shares1953.311140 VESTS
Transaction InfoBlock #43197338/Trx bb947525cbd6bc1e35c90e30728c37bd115e48da
View Raw JSON Data
{
  "block": 43197338,
  "op": [
    "delegate_vesting_shares",
    {
      "delegatee": "miguelcryto",
      "delegator": "steem",
      "vesting_shares": "1953.311140 VESTS"
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2020-05-08T12:55:51",
  "trx_id": "bb947525cbd6bc1e35c90e30728c37bd115e48da",
  "trx_in_block": 6,
  "virtual_op": 0
}
steemdelegated 5.941 SP to @miguelcryto
2019/11/13 18:39:36
delegateemiguelcryto
delegatorsteem
vesting shares9661.989570 VESTS
Transaction InfoBlock #38146092/Trx 9d851a2e7fd033f4ead5e5e7e2bf135daf0a550e
View Raw JSON Data
{
  "block": 38146092,
  "op": [
    "delegate_vesting_shares",
    {
      "delegatee": "miguelcryto",
      "delegator": "steem",
      "vesting_shares": "9661.989570 VESTS"
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2019-11-13T18:39:36",
  "trx_id": "9d851a2e7fd033f4ead5e5e7e2bf135daf0a550e",
  "trx_in_block": 22,
  "virtual_op": 0
}
2019/06/23 10:18:00
authorsteemitboard
bodyCongratulations @miguelcryto! You received a personal award! <table><tr><td>https://steemitimages.com/70x70/http://steemitboard.com/@miguelcryto/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/@miguelcryto) and compare to others on the [Steem Ranking](https://steemitboard.com/ranking/index.php?name=miguelcryto)_</sub> **Do not miss the last post from @steemitboard:** <table><tr><td><a href="https://steemit.com/steemitboard/@steemitboard/the-steem-community-has-lost-an-epic-member-farewell-woflhart"><img src="https://steemitimages.com/64x128/https://cdn.steemitimages.com/DQmQWnM36SWCPGn98nY83M1ArgweMz5fnovQEp2E4FiDdug/Wolfhart_header.png"></a></td><td><a href="https://steemit.com/steemitboard/@steemitboard/the-steem-community-has-lost-an-epic-member-farewell-woflhart">The Steem community has lost an epic member! Farewell @woflhart!</a></td></tr><tr><td><a href="https://steemit.com/steemtoolbar/@steemitboard/steemtoolbar-update-display-bug-fixed"><img src="https://steemitimages.com/64x128/http://i.cubeupload.com/7CiQEO.png"></a></td><td><a href="https://steemit.com/steemtoolbar/@steemitboard/steemtoolbar-update-display-bug-fixed">SteemitBoard - Witness Update</a></td></tr><tr><td><a href="https://steemit.com/steem/@steemitboard/do-not-miss-the-coming-rocky-mountain-steem-meetup-and-get-a-new-community-badge"><img src="https://steemitimages.com/64x128/https://cdn.steemitimages.com/DQmUphCGZFWgt6bJ1XTtunV7esnwy6bxnGqcLcHAV3NEqnQ/meetup-rocky-mountain.png"></a></td><td><a href="https://steemit.com/steem/@steemitboard/do-not-miss-the-coming-rocky-mountain-steem-meetup-and-get-a-new-community-badge">Do not miss the coming Rocky Mountain Steem Meetup and get a new community badge!</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 authormiguelcryto
parent permlinkaca-network-the-future-of-advertisement
permlinksteemitboard-notify-miguelcryto-20190623t101759000z
title
Transaction InfoBlock #34048152/Trx 347f8b923ee0d52142fcb73b471aa0c0908fc73d
View Raw JSON Data
{
  "block": 34048152,
  "op": [
    "comment",
    {
      "author": "steemitboard",
      "body": "Congratulations @miguelcryto! You received a personal award!\n\n<table><tr><td>https://steemitimages.com/70x70/http://steemitboard.com/@miguelcryto/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/@miguelcryto) and compare to others on the [Steem Ranking](https://steemitboard.com/ranking/index.php?name=miguelcryto)_</sub>\n\n\n**Do not miss the last post from @steemitboard:**\n<table><tr><td><a href=\"https://steemit.com/steemitboard/@steemitboard/the-steem-community-has-lost-an-epic-member-farewell-woflhart\"><img src=\"https://steemitimages.com/64x128/https://cdn.steemitimages.com/DQmQWnM36SWCPGn98nY83M1ArgweMz5fnovQEp2E4FiDdug/Wolfhart_header.png\"></a></td><td><a href=\"https://steemit.com/steemitboard/@steemitboard/the-steem-community-has-lost-an-epic-member-farewell-woflhart\">The Steem community has lost an epic member! Farewell @woflhart!</a></td></tr><tr><td><a href=\"https://steemit.com/steemtoolbar/@steemitboard/steemtoolbar-update-display-bug-fixed\"><img src=\"https://steemitimages.com/64x128/http://i.cubeupload.com/7CiQEO.png\"></a></td><td><a href=\"https://steemit.com/steemtoolbar/@steemitboard/steemtoolbar-update-display-bug-fixed\">SteemitBoard - Witness Update</a></td></tr><tr><td><a href=\"https://steemit.com/steem/@steemitboard/do-not-miss-the-coming-rocky-mountain-steem-meetup-and-get-a-new-community-badge\"><img src=\"https://steemitimages.com/64x128/https://cdn.steemitimages.com/DQmUphCGZFWgt6bJ1XTtunV7esnwy6bxnGqcLcHAV3NEqnQ/meetup-rocky-mountain.png\"></a></td><td><a href=\"https://steemit.com/steem/@steemitboard/do-not-miss-the-coming-rocky-mountain-steem-meetup-and-get-a-new-community-badge\">Do not miss the coming Rocky Mountain Steem Meetup and get a new community badge!</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 6.062 SP to @miguelcryto
2018/12/10 01:32:15
delegateemiguelcryto
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steemdelegated 18.449 SP to @miguelcryto
2018/11/26 18:36:33
delegateemiguelcryto
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2018/09/10 03:43:36
authormiguelcryto
permlinkaca-network-the-future-of-advertisement
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2018/09/10 01:53:36
authormiguelcryto
permlinkaca-network-the-future-of-advertisement
votersensation
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2018/09/10 01:03:51
authormiguelcryto
body![five.PNG](https://cdn.steemitimages.com/DQmVZQWxnqpaz9wXqgqw2AwGZuZ1MJtWaSmg3qmzgoa1tAW/five.PNG) WHO and What is ACA NETWORK? The ACA Network employs blockchain technology to create a next-genThe ACA Network employs blockchain technology to create a next-generation online ad serving platform. Our goal is to make all online ad trafficking transparent and fair, maximizing the interests of both advertisers and advertising media. Since the end of the 20th century, when online advertising began establishing itself as a means of advertising, various technological advances have improved the fidelity of ad trafficking technology. These advances in turn led to the growth of the online advertising market; in recent years, it has seen an annualized average growth rate of 20%, and continues growing further still. The global online advertising market in 2018 is valued to exceed over 281B USD, and it will likely continue growing. However, the online advertising sector faces challenges both from the point of view of advertisers and media operators. Advertisers face the serious issue of ad fraud. Ad fraud is when mechanical means such as “bots” are used to make it appear as though ads have been served, causing advertisers to waste unnecessary expenses on non-existent ads. Losses owing to ad fraud are estimated to reach 19B USD in 2018. This represents a waste of 7% of all funds going into the online ad market. Furthermore, from the point of view of advertising media, the intermediary margins charged by ad agencies that are parties to online ad deals are exploitative and borderline fraudulent. This is because online ad agencies are allowed to freely adjust, at their own discretion, the unit price (CPC/CPI) of an ad served. It would be no exaggeration to say that media outlets today are entirely at the mercy of online ad agencies. These problems are caused by the fact that the online ad market is completely opaque. By employing blockchain technology, the ACA Network resolves these issues. We are building an online ad trading platform that is beneficial to both advertisers and advertising media. Today’s online ad space is poised for change, thanks to the emergence of blockchain technology. We employ blockchain technology to achieve fully transparent trading of online ads, disrupting the online ad space and ushering in change. The ACA Network is an online ad decentralized application created to transparently manage the creation and execution of advertisement and the transfer of goods using the Ethereum Smart Contract and to provide sustainable platform for market participants (advertisers, ad-producers, and advertising media). Additionally, it is comprised of three apps which are Advertising Management System(ACA-AMS), Automated Matching Ad Exchange, and Ad Network & SDK (ACA-NET) ACA Advertising Management System (ACA-AMS) ACA-AMS is a dApp for the communication between advertisers and ad production partners and for a rapid ad production and provides the following functions 1. Successful biding after checking out the ad draft of participation ad producers by releasing a bidding notice stating the requirements: • Once an advertiser post the maximum budget and requirement, the creative partner will create and deliver a copy meeting those requirement. • Advertisers can reques revisions up to three times. 2. Purchase after viewing the draft proposed by the ad production partner: • After advertisers release their guidelines for project on the platform, they can receive free proposals from ad production partners • An ad production partner will make and deliver a draft by referring to the data from advertisers 3. Upload self-produced advertisement: • A fee for storing the uploaded ad will be collected. 4. Protect rights: • An ad production partner may be restricted from the bidding or offer of an advertisement from a third party who is in the same industry as the contracted advertiser until the advertisement they produced is transferred or published. 5. Conciliate disputes: • Approval of the correction and settlement of the purchase by an advertiser must be completed within a maximum of two weeks. Otherwise, they will be considered approved 6. Manage history: • Information for advertisement previously ordered or produced including campaign details and performance result are uploaded stored on the platform. 7. Target categories of advertising media: • A category can be set according to the attributes of the advertising media targeted for the produced advertisement. It will be used to match the proper advertising media on the ACA Ad Exchange, which will be described later on ACA Advertising Exchange (ACA-EX) This is an exchange for matching advertisement banners and advertising media. On this exchange, contracts and exposures are conducted in real time with the best match based on the advertiser’s budget, requirement, type of advertising media, and evaluation score. The exchange supports the following advertisements. 1. Banner Ad 2. Full-size banner ad 3. Video ad 4. Native ad 5. Search ad In order to effectively arrange the advertisement, each advertisement and each advertisement slot has its category of advertisement product/ advertising media, and there exists an expression category according to the characteristics of the advertisement / advertisement slots. In addition, the exchange has the information on the targeted users of the advertisement so, trading automatically matched advertisements and advertisements slots in real time based on the aggregate of prices set according to the score of the past advertisement slot history and of budget ranges set by the advertising media and advertising slots, while the advertising media may exclude specific advertisers or categories. ![1.PNG](https://cdn.steemitimages.com/DQmXmxkjKXQ1VpTN8u4FMpupQVKkBoBp9Na28G4CPYk9K1G/1.PNG) As above, it has both associative/ non associative categories and are matched based on the format of the ad or the genre of the content. Information on targeted users of the ad is as follows ![2.PNG](https://cdn.steemitimages.com/DQmeR1tCCcFXNnm1fKmvJJExMFY3xkGE9sh68LHmvmtaMvh/2.PNG) ACA Advertising Network & SDK (ACA-NET) The ACA platform is a SDK for the distribution of produced advertisement, including mobile, web, and various smartphone-native application. The display of the advertisement, the collection of information on usage and confirmations are strictly implemented in accordance with the contracts made on the ACA Exchange with payments made immediately upon confirmation • Methods of aggregating ad impression • Collection of information on ad impression • Fees • Prevention of wrongful uses • Protection of information **Currency Token Exchange (a tentative name)** The ACA Network offers a token traded at 1:1 against legal tender in order to realized smart contract for trades within the service. The currency token is based on Ethereum and corresponds to a 1:1 equivalency with the origination asset with which it ws purchased. The Currency Tokens are not considered cryptocurrency per Japanese law; in order to class them as an “assets representing currency value,” Below are the restrictions put in place. 1. The exchange of all currency tokens is performed within the ACA network 2. Payment for currency tokens are not refunded 3. In September 2018, a currency token exchange sit will be launched 4. The currency token exchange site will disclose at all times the exchange rate against legal tender currency and allows users to immediately convert their tokens into their desired currency at the time of disbursal **USE CASES** 1. Immediately delivering large scale online advertising campaigns 2. Implementing advertisement based on swift decision making 3. Running and ad with low budget 4. User experience **SUMMARY** • Symbol: ACA • Platform: Ethreum • Category: utility token • Total amount of ACA issued: 2,000,000,000 ACA • Total amount of token to be sold: 1,000,000,000 ACA • Exchange rate: 3 Japanese yen per 1 ACA (exchange rate for ETH/ACA will be announced the day before the token sale) • Minimum goal: 100,000,000 ACA • Maximum Goal: 1,000,000,000 ACA **TEAM** ![4.PNG](https://cdn.steemitimages.com/DQmZNW1EGLtttK2PguWSPVrBp7i8uu6eRKA9fmhiPLtBbSs/4.PNG) FOR MORE INFO, VISIT: WEBSITE: https://aca.network/ WHITEPAPER: https://aca.network/documents/aca_whitepaper.pdf ANN: https://bitcointalk.org/index.php?topic=3079312 FACEBOOK: https://www.facebook.com/acanetworkofficial TWITTER: https://twitter.com/ACANetwork_io TELEGRAM: https://t.me/acanetwork BITCOIN TALK PROFILE: https://bitcointalk.org/index.php?action=profile;u=2205745 Disclaimer: This article was published in terms of the bounty campaign. I am not a member of the project team or its representative but an advocate of this incredible project**
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permlinkaca-network-the-future-of-advertisement
titleACA NETWORK (The future of Advertisement)
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      "body": "![five.PNG](https://cdn.steemitimages.com/DQmVZQWxnqpaz9wXqgqw2AwGZuZ1MJtWaSmg3qmzgoa1tAW/five.PNG)\n\nWHO and What is ACA NETWORK?\nThe ACA Network employs blockchain technology to create a next-genThe ACA Network employs blockchain technology to create a next-generation online ad serving platform. Our goal is to make all online ad trafficking transparent and fair, maximizing the interests of both advertisers and advertising media.\nSince the end of the 20th century, when online advertising began establishing itself as a means of advertising, various technological advances have improved the fidelity of ad trafficking technology. These advances in turn led to the growth of the online advertising market; in recent years, it has seen an annualized average growth rate of 20%, and continues growing further still. 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It would be no exaggeration to say that media outlets today are entirely at the mercy of online ad agencies. These problems are caused by the fact that the online ad market is completely opaque. By employing blockchain technology, the ACA Network resolves these issues. We are building an online ad trading platform that is beneficial to both advertisers and advertising media. Today’s online ad space is poised for change, thanks to the emergence of blockchain technology. We employ blockchain technology to achieve fully transparent trading of online ads, disrupting the online ad space and ushering in change.\nThe ACA Network is an online ad decentralized application created to transparently manage the creation and execution of advertisement and the transfer of goods using the Ethereum Smart Contract and to provide sustainable platform for market participants (advertisers, ad-producers, and advertising media). Additionally, it is comprised of three apps which are Advertising Management System(ACA-AMS), Automated Matching Ad Exchange, and Ad Network & SDK (ACA-NET)\n\nACA Advertising Management System (ACA-AMS)\n\nACA-AMS is a dApp for the communication between advertisers and ad production partners and for a rapid ad production and provides the following functions\n1.\tSuccessful biding after checking out the ad draft of participation ad producers by releasing a bidding notice stating the requirements: \n•\tOnce an advertiser post the maximum budget and requirement, the creative partner will create and deliver a copy meeting those requirement.\n•\tAdvertisers can reques revisions up to three times.\n2.\tPurchase after viewing the draft proposed by the ad production partner:\n•\tAfter advertisers release their guidelines for project on the platform, they can receive free proposals from ad production partners\n•\tAn ad production partner will make and deliver a draft by referring to the data from advertisers\n\n3.\tUpload self-produced advertisement:\n•\tA fee for storing the uploaded ad will be collected.\n4.\tProtect rights:\n•\tAn ad production partner may be restricted from the bidding or offer of an advertisement from a third party who is in the same industry as the contracted advertiser until the advertisement they produced is transferred or published.\n5.\tConciliate disputes:\n•\tApproval of the correction and settlement of the purchase by an advertiser must be completed within a maximum of two weeks. Otherwise, they will be considered approved\n6.\tManage history:\n•\tInformation for advertisement previously ordered or produced including campaign details and performance result are uploaded stored on the platform.\n7.\tTarget categories of advertising media:\n•\tA category can be set according to the attributes of the advertising media targeted for the produced advertisement. It will be used to match the proper advertising media on the ACA Ad Exchange, which will be described later on\n\nACA Advertising Exchange (ACA-EX)\nThis is an exchange for matching advertisement banners and advertising media. On this exchange, contracts and exposures are conducted in real time with the best match based on the advertiser’s budget, requirement, type of advertising media, and evaluation score. The exchange supports the following advertisements.\n1.\tBanner Ad\n2.\tFull-size banner ad\n3.\tVideo ad \n4.\tNative ad\n5.\tSearch ad\n\nIn order to effectively arrange the advertisement, each advertisement and each advertisement slot has its category of advertisement product/ advertising media, and there exists an expression category according to the characteristics of the advertisement / advertisement slots. In addition, the exchange has the information on the targeted users of the advertisement so, trading automatically matched advertisements and advertisements slots in real time based on the aggregate of prices set according to the score of the past advertisement slot history and of budget ranges set by the advertising media and advertising slots, while the advertising media may exclude specific advertisers or categories.\n ![1.PNG](https://cdn.steemitimages.com/DQmXmxkjKXQ1VpTN8u4FMpupQVKkBoBp9Na28G4CPYk9K1G/1.PNG)\n\nAs above, it has both associative/ non associative categories and are matched based on the format of the ad or the genre of the content. Information on targeted users of the ad is as follows\n\n ![2.PNG](https://cdn.steemitimages.com/DQmeR1tCCcFXNnm1fKmvJJExMFY3xkGE9sh68LHmvmtaMvh/2.PNG)\n\nACA Advertising Network & SDK (ACA-NET)\n The ACA platform is a SDK for the distribution of produced advertisement, including mobile, web, and various smartphone-native application. The display of the advertisement, the collection of information on usage and confirmations are strictly implemented in accordance with the contracts made on the ACA Exchange with payments made immediately upon confirmation\n•\tMethods of aggregating ad impression\n•\tCollection of information on ad impression\n•\tFees \n•\tPrevention of wrongful uses \n•\tProtection of information\n\n**Currency Token Exchange (a tentative name)**\n\n The ACA Network offers a token traded at 1:1 against legal tender in order to realized smart contract for trades within the service. The currency token is based on Ethereum and corresponds to a 1:1 equivalency with the origination asset with which it ws purchased. The Currency Tokens are not considered cryptocurrency per Japanese law; in order to class them as an “assets representing currency value,” Below are the restrictions put in place.\n1.\tThe exchange of all currency tokens is performed within the ACA network\n2.\tPayment for currency tokens are not refunded\n3.\tIn September 2018, a currency token exchange sit will be launched \n4.\tThe currency token exchange site will disclose at all times the exchange rate against legal tender currency and allows users to immediately convert their tokens into their desired currency at the time of disbursal\n\n**USE CASES**\n1.\tImmediately delivering large scale online advertising campaigns\n2.\tImplementing advertisement based on swift decision making\n3.\tRunning and ad with low budget\n4.\tUser experience\n\n**SUMMARY**\n•\tSymbol: ACA\n•\tPlatform: Ethreum\n•\tCategory: utility token\n•\tTotal amount of ACA issued: 2,000,000,000 ACA\n•\tTotal amount of token to be sold: 1,000,000,000 ACA\n•\tExchange rate: 3 Japanese yen per 1 ACA (exchange rate for ETH/ACA will  be announced the day before the token sale)\n•\tMinimum goal: 100,000,000 ACA\n•\tMaximum Goal: 1,000,000,000 ACA\n\n**TEAM**\n![4.PNG](https://cdn.steemitimages.com/DQmZNW1EGLtttK2PguWSPVrBp7i8uu6eRKA9fmhiPLtBbSs/4.PNG)\n \nFOR MORE INFO, VISIT:\nWEBSITE: https://aca.network/\nWHITEPAPER: https://aca.network/documents/aca_whitepaper.pdf\nANN: https://bitcointalk.org/index.php?topic=3079312\nFACEBOOK: https://www.facebook.com/acanetworkofficial\nTWITTER: https://twitter.com/ACANetwork_io\nTELEGRAM: https://t.me/acanetwork\nBITCOIN TALK PROFILE: https://bitcointalk.org/index.php?action=profile;u=2205745\nDisclaimer: This article was published in terms of the bounty campaign. I am not a member of the project team or its representative but an advocate of this incredible project**",
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2018/09/09 20:31:18
authormiguelcryto
permlinkaca-networks-highly-transparent-advertising-network-system
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2018/09/09 19:57:39
authorcheetah
bodyHi! I am a robot. I just upvoted you! I found similar content that readers might be interested in: https://icotokenreviews.com/aca-network/
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2018/09/09 19:57:33
authormiguelcryto
permlinkaca-networks-highly-transparent-advertising-network-system
votercheetah
weight8 (0.08%)
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2018/09/09 19:57:21
authormiguelcryto
body![five.PNG](https://cdn.steemitimages.com/DQmVZQWxnqpaz9wXqgqw2AwGZuZ1MJtWaSmg3qmzgoa1tAW/five.PNG) Before I go deep into what this coin is all about, let me define some words so when you come across them in the process of reading this article you would understand them. **Ad category**: Category of advertising products **Ad production Partner**: Production locations, companies, and groups for content required to producing ads **Advertiser** : Companies, groups and individual who use ACA network to advertise **Advertising Media**: Various means (advertising vehicles) such as billboards, magazines, newspapers, radio, television, and internet by which promotional messages are communicated to the public using words, speech, and pictures. **Affiliate**: An advertising mean that determines the achievement of the performance the advertiser has specified and the reward from the achievement **CPA (Cost Per Action)**: The unit price per user action. The cost of the ad paid per action when a user takes a specific action through and advertisement. **CPC (Cost Per Click)**: The cost of clicking on an ad once **CPI (Cost Per Install)**: The cost of installing an application once. **CPM (cost Per Mille)**: The cost of delivering an ad 1,000 times through the medium. **ECPM (effective Cost Per Mille)**: An estimate of the revenue that a medium gets when an ad is delivered 1,000 times **CPP (Cost Per Period)**: The payment method for a specific time period, regardless of impression or click- through rate . **CTR (Click Through Rate)**: The percentage of clicks to ad impressions converted as a percentage. **CVR (Conversion Rate)**: the number of visitors that took an action such as a purchase, subscription, or inquiry through the advertisement as a percentage. **DApp** (Decentralized Application): Abbreviation for a decentralized application running on a distributed P2P network. **Expression category**: Category of the methods of expressing the ad itself such as banners, etc. (e.g., entertainers, use of characters, etc.). **IMP(impression)**: The number of times an ad has been exposed to a user, with a number added every time the user reconnects. **RTB(Real-time Bidding)**: The methods of buying online ads in impression by real-time bidding. **Now to the real business of the day WHAT IS ACA NETWORKS?** The ACA Network is an online ad decentralized application created to transparently manage the creation and execution of advertisement and the transfer of goods using the Ethereum Smart Contract and to provide sustainable platform for market participants (advertisers, ad-producers, and advertising media). Additionally, it is comprised of three apps: • Advertising Management System(ACA-AMS), • Automated Matching Ad Exchange • Ad Network & SDK (ACA-NET) ![one.PNG](https://cdn.steemitimages.com/DQmPZ8wp1HTZqmTMWRno5nkXzcJCKRURN6fWD2a46w1sAKM/one.PNG) Let me break it down one after the other for better understanding 1) ACA Advertising Management System (ACA-AMS) ACA-AMS is a dApp for the communication between advertisers and ad production partners and for a rapid ad production and provides the following functions. • Successful biding after checking out the ad draft of participation ad producers by releasing a bidding notice stating the requirements. • Purchase after viewing the draft proposed by the ad production partner • Upload self-produced advertisement • Protect rights • Conciliate disputes • Manage history • Target categories of advertising media ![two.PNG](https://cdn.steemitimages.com/DQmUMnafYrzfHRSCjhxwZZmQhhY6k2MYUUEcR3mrrDsBe69/two.PNG) 2) ACA Advertising Exchange (ACA-EX) This is an exchange for matcing advertisement banners and advertising media.On this exchange, contracts and exposures are conducted in real time with the best match based on the advertiser’s budget, requirement,type of advertising media, and evaluation score. The exchange supports the following advertisements. • Banner Ad • Full-size banner ad • Video ad • Native ad • Search ad ![three.PNG](https://cdn.steemitimages.com/DQmUjFvZpwH46jnqqHdppKjwFNQ6hNGSfUGmJmB9XQkYUqQ/three.PNG) The exchange also designates the exposure method. 1) CPI (Cost per Install) 2) CPM (Cost per mile) 3) CPA (Cost per Action) 4) CPP (Cost per period) Finally, there are two types of markets depending on the way ads are contracted: 1) Exchange fort Automatic Ad serving 2) Exchange for Reserved Ad serving In order to effectively arrange the advertisement, each advertisement and each advertisement slot has its category of advertisement product/ advertising media, and there exists an expression category according to the characteristics of the advertisement / advertisement slots. In addition, the exchange has the information on the targeted users of the advertisement so, trading automatically matched advertisements and advertisements slots in real time based on the aggregate of prices set according to the score of the past advertisement slot history and of budget ranges set by the advertising media and advertising slots, while the advertising media may exclude specific advertisers or categories. ![four.PNG](https://cdn.steemitimages.com/DQmZDzJPe7L8vPCeKbQgJifC9hwJCZAzYkUHbW7YbxbrxNu/four.PNG) 3) **ACA Advertising Network & SDK (ACA-NET)** The ACA platform is a SDK for the distribution of produced advertisement, including mobile, web, and various smartphone-native application. The display of the advertisement, the collection of information on usage and confirmations are strictly implemented in accordance with the contracts made on the ACA Exhange with payments made immediately upon confirmation **ROADMAP** ![road map.jfif](https://cdn.steemitimages.com/DQmVcKMNEcKZ6Wk11ZNfEw7HWujEPUbe6YEsTp6Aviruy2G/road%20map.jfif) **Token Distribution** Issues token will be distributed as follows ![six.PNG](https://cdn.steemitimages.com/DQmPYR6FRJAK4URwDBBG63EPL3icapQNmJirT9xJqB2T8bm/six.PNG) FOR MORE INFO, VISIT: WEBSITE: https://aca.network/ WHITEPAPER: https://aca.network/documents/aca_whitepaper.pdf ANN: https://bitcointalk.org/index.php?topic=3079312 FACEBOOK: https://www.facebook.com/acanetworkofficial TWITTER: https://twitter.com/ACANetwork_io TELEGRAM: https://t.me/acanetwork BITCOIN TALK PROFILE: https://bitcointalk.org/index.php?action=profile;u=2205745 Disclaimer: This article was published in terms of the bounty campaign. I am not a member of the project team or its representative but an advocate of this incredible project
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parent author
parent permlinkadvertisment
permlinkaca-networks-highly-transparent-advertising-network-system
titleACA NETWORKS( Highly Transparent advertising network system)
Transaction InfoBlock #25817710/Trx e63e22e82c41d14ccf67a0a00bc154fd1989abd5
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      "body": "![five.PNG](https://cdn.steemitimages.com/DQmVZQWxnqpaz9wXqgqw2AwGZuZ1MJtWaSmg3qmzgoa1tAW/five.PNG)\n\nBefore I go deep into what this coin is all about, let me define some words so when you come across them in the process of reading this article you would understand them.\n\n**Ad category**: Category of advertising products\n\n**Ad production Partner**: Production locations, companies, and groups for content required to producing ads\n\n**Advertiser** : Companies, groups and individual who use ACA network to advertise\n\n**Advertising Media**: Various means (advertising vehicles) such as billboards, magazines, newspapers, radio, television, and internet by which promotional messages are communicated to the public using words, speech, and pictures.\n\n**Affiliate**: An advertising mean that determines the achievement of the performance the advertiser has specified and the reward from the achievement\n\n**CPA (Cost Per Action)**: The unit price per user action. The cost of the ad paid per action when a user takes a specific action through and advertisement.\n\n**CPC (Cost Per Click)**: The cost of clicking on an ad once\n\n**CPI (Cost Per Install)**: The cost of installing an application once.\n\n**CPM (cost Per Mille)**: The cost of delivering an ad 1,000 times through the medium.\n\n**ECPM (effective Cost Per Mille)**: An estimate of the revenue that a medium gets when an ad is delivered 1,000 times\n \n**CPP (Cost Per Period)**: The payment method for a specific time period, regardless of impression or click- through rate .\n\n**CTR (Click Through Rate)**: The percentage of clicks to ad impressions converted as a percentage.\n\n**CVR (Conversion Rate)**: the number of visitors that took an action such as a purchase, subscription, or inquiry through the advertisement as a percentage.\n\n**DApp** (Decentralized Application): Abbreviation for a decentralized application running on a distributed P2P network.\n\n**Expression category**: Category of the methods of expressing the ad itself such as banners, etc. (e.g., entertainers, use of characters, etc.).\n\n**IMP(impression)**: The number of times an ad has been exposed to a user, with a number added every time the user reconnects.\n\n**RTB(Real-time Bidding)**: The methods of buying online ads in impression by real-time bidding.  \n\n**Now to the real business of the day WHAT IS ACA NETWORKS?**\n\nThe ACA Network is an online ad decentralized application created to transparently manage the creation and execution of advertisement and the transfer of goods using the Ethereum Smart Contract and to provide sustainable platform for market participants (advertisers, ad-producers, and advertising media). Additionally, it is comprised of three apps: \n•\tAdvertising Management System(ACA-AMS),\n•\tAutomated Matching Ad Exchange\n•\tAd Network & SDK (ACA-NET)\n \n![one.PNG](https://cdn.steemitimages.com/DQmPZ8wp1HTZqmTMWRno5nkXzcJCKRURN6fWD2a46w1sAKM/one.PNG)\n\nLet me break it down one after the other for better understanding\n\n1)\tACA Advertising Management System (ACA-AMS)\nACA-AMS is a dApp for the communication between advertisers and ad production partners and for a rapid ad production and provides the following functions.\n\n•\tSuccessful biding after checking out the ad draft of participation ad producers by releasing a bidding notice stating the requirements.\n•\tPurchase after viewing the draft proposed by the ad production partner\n•\tUpload self-produced advertisement\n•\tProtect rights\n•\tConciliate disputes\n•\tManage history\n•\tTarget categories of advertising media\n ![two.PNG](https://cdn.steemitimages.com/DQmUMnafYrzfHRSCjhxwZZmQhhY6k2MYUUEcR3mrrDsBe69/two.PNG)\n\n2)\t ACA Advertising Exchange (ACA-EX)\nThis is an exchange for matcing advertisement banners and advertising media.On this exchange, contracts and exposures are conducted in real time with the best match based on the advertiser’s budget, requirement,type of advertising media, and evaluation score. The exchange supports the following advertisements.\n•\tBanner Ad\n•\tFull-size banner ad\n•\tVideo ad \n•\tNative ad\n•\tSearch ad\n \n![three.PNG](https://cdn.steemitimages.com/DQmUjFvZpwH46jnqqHdppKjwFNQ6hNGSfUGmJmB9XQkYUqQ/three.PNG)\nThe exchange also designates the exposure method.\n1)\tCPI (Cost per Install)\n2)\tCPM (Cost per mile)\n3)\tCPA (Cost per Action)\n4)\tCPP (Cost per period)\n\nFinally, there are two types of markets depending on the way ads are contracted:\n1)\tExchange fort Automatic Ad serving\n2)\tExchange for Reserved Ad serving\n In order to effectively arrange the advertisement, each advertisement and each advertisement slot has its category of advertisement product/ advertising media, and there exists an expression category according to the characteristics of the advertisement / advertisement slots. In addition, the exchange has the information on the targeted users of the advertisement so, trading automatically matched advertisements and advertisements slots in real time based on the aggregate of prices set according to the score of the past advertisement slot history and of budget ranges set by the advertising media and advertising slots, while the advertising media may exclude specific advertisers or categories.\n![four.PNG](https://cdn.steemitimages.com/DQmZDzJPe7L8vPCeKbQgJifC9hwJCZAzYkUHbW7YbxbrxNu/four.PNG)\n\n\n3)\t**ACA Advertising Network & SDK (ACA-NET)**\nThe ACA platform is a SDK for the distribution of produced advertisement, including mobile, web, and various smartphone-native application. The display of the advertisement, the collection of information on usage and confirmations are strictly implemented in accordance with the contracts made on the ACA Exhange with payments made immediately upon confirmation\n\n     \n**ROADMAP**\n![road map.jfif](https://cdn.steemitimages.com/DQmVcKMNEcKZ6Wk11ZNfEw7HWujEPUbe6YEsTp6Aviruy2G/road%20map.jfif)\n\n**Token Distribution**\nIssues token will be distributed as follows \n ![six.PNG](https://cdn.steemitimages.com/DQmPYR6FRJAK4URwDBBG63EPL3icapQNmJirT9xJqB2T8bm/six.PNG)\n\nFOR MORE INFO, VISIT:\nWEBSITE: https://aca.network/\nWHITEPAPER: https://aca.network/documents/aca_whitepaper.pdf\nANN: https://bitcointalk.org/index.php?topic=3079312\nFACEBOOK: https://www.facebook.com/acanetworkofficial\nTWITTER: https://twitter.com/ACANetwork_io\nTELEGRAM: https://t.me/acanetwork\nBITCOIN TALK PROFILE: https://bitcointalk.org/index.php?action=profile;u=2205745\nDisclaimer: This article was published in terms of the bounty campaign. I am not a member of the project team or its representative but an advocate of this incredible project",
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      "title": "ACA NETWORKS( Highly Transparent advertising network system)"
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2018/08/18 00:39:48
authorcheetah
bodyHi! I am a robot. I just upvoted you! I found similar content that readers might be interested in: https://www.icotokennews.com/icos/mb8coin/
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title
Transaction InfoBlock #25161286/Trx 9d980ab26921f9768243772e8190e3faadea9786
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      "body": "Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in:\nhttps://www.icotokennews.com/icos/mb8coin/",
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2018/08/18 00:39:45
authormiguelcryto
permlinkmb8-coin-fuel-for-the-existing-loyalty-rewards-network
votercheetah
weight8 (0.08%)
Transaction InfoBlock #25161285/Trx e0894551bbd80ab4043e05b0711fdda29ea9a248
View Raw JSON Data
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2018/08/18 00:39:36
authormiguelcryto
body**What is MB8?** Don’t get to confused about what or who this is, I will tell you few and will also provide a link to their white paper and website, so u can check in your free time should in case you need more clarity. So who or what is MB8, let me give you a short history. It all started in 2017 has Multibuy Travel Then later evolve to Advertisement Platform that same year it became Multibuy Online Shopping And that same year Multibuy App came only for 2018 to come and Multibuy "eWallet" came through and then Eurocredit Plus Going Global **Overview of Eurocredit Plus Loyalty Rewards Token** Multibuy has been running their traditional loyalty rewards system since 2005. Whilst extremely successful to date, a traditional rewards system can prove costly to run and manage especially when scaling the expansion to a global market. On such large scales, the central distribution and support is labour intensive, logistically difficult and open to fraud or abuse of the system. **Why are we changing from Eurocredit Plus?** Already proven and highly successful, the expansion of our Eurocredit Plus loyalty rewards system was an obvious opportunity to utilise the efficiencies which Blockchain technology brings. By replacing our traditionally “closed system rewards model” we aim to expand to many new markets, leveraging the innovation of this exciting space. This transition will also allow for the platform to be greatly enhanced and expanded for the benefit of all participants. After the launch, our existing Eurocredit Plus rewards platform will close to new customers and be swapped for our cryptocurrency called MB8 Coin. **Why is MB8 Coin different? ** MB8 Coin will be used as the 'fuel’ for the existing loyalty rewards network. MB8 Coin will be the first ever cryptocurrency that is released with a proven real world use and will be accepted as part or whole payment within the existing network of vendors and retailers. MB8 Coin is set to become the backbone of the rewards network that is already being used under white label by over 2100 businesses. becomes Why did we opt to run our own Blockchain? We wanted to add security and transparency to our rewards system. Early tests demonstrated this technology was the perfect fit to replace our current technical solution. Developing our own chain allows us control over the distribution, integration, support and expansion of the network. **MOBILE APP** **Introduction** Multibuy launched its first mobile app at the end of 2017 and plans to introduce new and improved features to allow customers to locate and interact with business partners accepting MB8 Coin. Linked to your pre-paid debit card, the app also doubles up as a hosted MB8 Coin Wallet which you can use to send and receive your coins with retailers, individuals or crypto exchanges. ![1.PNG](https://cdn.steemitimages.com/DQmTrRtN3JzPEHhroPwq587p7KP4a1zsVT8CucTZUCfxCxQ/1.PNG) **How the infrastructure is changing?** ![2.PNG](https://cdn.steemitimages.com/DQmdvHEQLrBJu2mdZuBsSyKkUcjeTBWHi5JxJA47rkcGXRt/2.PNG) MB8 Coin Roadmap ![3.PNG](https://cdn.steemitimages.com/DQmQ9xvH9imNt5qJYJkspRxtLdm55DNoXkqV6Mhn1H4HFpq/3.PNG) **MB8 Coin Parameters** Coin Details - Name: MB8 Coin - Ticker: MB8 - Algorithm: X13 - Type: Proof of Stake (POS) - Class: Utility Token - Segwit Ready - Main Distribution via ICO - All unsold coins will be burnt **Supply Details** - Full supply of 1 Billion reached over a 12 Year period. - Coin supply increases by 5% per annum to reach this maximum. - Coins available via ICO: 550,000,000 - Discount ratios: 5:1, 4:1, 3:1 and 2:1 released in stages. - Initial Value: 1 MB8Coin = 1 EURO. **POS Details ** - POS Maturity: 4 Hrs - POS Max Time : None - POW Block Height: 1 - Coinbase maturity: 101 block - Transaction confirmations: 1 - Difficulty Retarget: each block - Reward: 5% per annum - Double Rewards (10%) for initial 6mths. **Network Support** - Staking rewards will be double (10% p/a) for the first six months to encourage early adoption and strengthen the network further. - Various test networks have been running alongside the main network to ensure Blockchain stability - Integration in to the Multibuy EPOS system will turn each system in to a node. **Customer Benefits** - Book holidays online paying up to 100% with MB8 Coin with a 1 MB8 Coin : 1 Euro Value. - Buy products online paying up to 70% with MB8 Coin with a 1 MB8 Coin : 1 Euro Value. - Spend MB8 coin within existing and growing loyalty rewards network. - Gain 5% p/a additional MB8 Coin rewards through staking **Multibuy Benefits** - Reduced costs in running and maintaining the Multibuy rewards system. - Increased business recognition and new customers from untapped areas. - Industry first where a rewards system replaces its operating model to Blockchain technology. - Opens the rewards system to anyone who wishes to participate. **Business Partners Benefits** - Ability to benefit from increased business from new customers and brand awareness. - Ability to buy and sell the rewards tokens on the open market rather than from a closed source at a fixed price. - Vendors will receive MB8 Coin at ICO and from all future customer redemptions on offers. - Ability to accrue 5% additional MB8 Coin rewards p/a. (by staking) **Token Sale** **Multibuy Launches MB8Coin** Multibuy Company will be releasing MB8 Coin to drive the huge expansion of its already proven loyalty rewards system, by enabling global adoption via cryptocurrency. The initial implementation will be an ICO sale distribution of MB8 Coin tokens, which serves to replace the existing rewards systems “fuel” with an interest bearing cryptocurrency tradable on open crypto exchanges. **Funds Raised via ICO** ICO Hard Cap - €170 Million (Pre-ICO + 3 Stages of discounts) The amount raised will greatly increase the velocity at which the stages of the roadmap can be achieved and help push our entire timeline to completion. Another extremely important aspect of the ICO is a very wide distribution of the token, which helps support the network and spreads usage to completely new audiences. ![4.PNG](https://cdn.steemitimages.com/DQmXRJtZSGdfRzvQNVNcrH5Z9GGB8i5mCPkdgckikFoVFZ6/4.PNG) Pre-mine Allocation – Total Premine 571,000,000 | 96.3% Available for purchase ![5.PNG](https://cdn.steemitimages.com/DQmPsBiZMSiQQWzbx53Vs3N1oTFSpxgUh9Mm3RtNAVZDfXf/5.PNG) **Coin Value** We are offering everyone this fantastic chance to be involved in the success and growth of MB8 Coin by purchasing the tokens at a fraction of its already accepted value of 1 Euro within Multibuys active rewards and loyalty system. Once launched on the open crypto market the value of MB8 coin, like every cryptocurrency cannot be guaranteed (or promised) to keep its 1 Euro value, however, it will always be honoured at the 1 Euro value within the rewards system itself. If however the value of MB8 rises substantially above 1 Euro, and as the network grows we are hoping to see this happen, your MB8 Coin would have more value than 1 Euro which is dependent on the market value at the time. You could, of course, decide to sell your MB8 Coin on an exchange for a profit, as there will always be a demand for them from business partners and traders. **Team** ![6.PNG](https://cdn.steemitimages.com/DQmYVHHuhfbjMDvPeGzzRw5cRFhQgTXvPkkDFGiACGRQzwR/6.PNG) FOR MORE INFO VISIT : WEBSITE: https://mb8coin.io/# WHITEPAPER: https://mb8coin.io/%24whpdir/MB8%20Whitepaper.pdf FACEBOOK: fb.me/MB8Coin @MB8Coin TWITTER: twitter.com/MB8Coin @MB8Coin BITCOIN TALK PROFILE: https://bitcointalk.org/index.php?action=profile;u=2205745 **Disclaimer: This article was published in terms of the bounty campaign. I am not a member of the project team or its representative but an advocate of this incredible project.**
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parent permlinkmb8coin
permlinkmb8-coin-fuel-for-the-existing-loyalty-rewards-network
titleMB8 Coin('fuel’ for the existing loyalty rewards network)
Transaction InfoBlock #25161282/Trx 4ab59a87d2bb3d0f367dfd9ee79e0f4c0c4709d7
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      "body": "**What is MB8?**\n\nDon’t get to confused about what or who this is, I will tell you few and will also provide a link to their white paper and website, so u can check in your free time should in case you need more clarity.\nSo who or what is MB8, let me give you a short history. It all started in 2017 has Multibuy Travel\nThen later evolve to Advertisement Platform that same year it became Multibuy Online Shopping\nAnd that same year Multibuy App came only for 2018 to come and Multibuy \"eWallet\" came through and then Eurocredit Plus Going Global\n\n**Overview of Eurocredit Plus Loyalty Rewards Token**\n\n Multibuy has been running their traditional loyalty rewards system since 2005. Whilst extremely successful to date, a traditional rewards system can prove costly to run and manage especially when scaling the expansion to a global market. On such large scales, the central distribution and support is labour intensive, logistically difficult and open to fraud or abuse of the system. \n\n**Why are we changing from Eurocredit Plus?** \nAlready proven and highly successful, the expansion of our Eurocredit Plus loyalty rewards system was an obvious opportunity to utilise the efficiencies which Blockchain technology brings. By replacing our traditionally “closed system rewards model” we aim to expand to many new markets, leveraging the innovation of this exciting space. This transition will also allow for the platform to be greatly enhanced and expanded for the benefit of all participants. After the launch, our existing Eurocredit Plus rewards platform will close to new customers and be swapped for our cryptocurrency called MB8 Coin. \n\n**Why is MB8 Coin different? **\n\nMB8 Coin will be used as the 'fuel’ for the existing loyalty rewards network. MB8 Coin will be the first ever cryptocurrency that is released with a proven real world use and will be accepted as part or whole payment within the existing network of vendors and retailers. MB8 Coin is set to become the backbone of the rewards network that is already being used under white label by over 2100 businesses. becomes \nWhy did we opt to run our own Blockchain? \nWe wanted to add security and transparency to our rewards system. Early tests demonstrated this technology was the perfect fit to replace our current technical solution. Developing our own chain allows us control over the distribution, integration, support and expansion of the network.\n\n**MOBILE APP**\n**Introduction** \nMultibuy launched its first mobile app at the end of 2017 and plans to introduce new and improved features to allow customers to locate and interact with business partners accepting MB8 Coin. Linked to your pre-paid debit card, the app also doubles up as a hosted MB8 Coin Wallet which you can use to send and receive your coins with retailers, individuals or crypto exchanges.\n![1.PNG](https://cdn.steemitimages.com/DQmTrRtN3JzPEHhroPwq587p7KP4a1zsVT8CucTZUCfxCxQ/1.PNG)\n\n**How the infrastructure is changing?**\n![2.PNG](https://cdn.steemitimages.com/DQmdvHEQLrBJu2mdZuBsSyKkUcjeTBWHi5JxJA47rkcGXRt/2.PNG)\n\nMB8 Coin Roadmap\n![3.PNG](https://cdn.steemitimages.com/DQmQ9xvH9imNt5qJYJkspRxtLdm55DNoXkqV6Mhn1H4HFpq/3.PNG)\n\n**MB8 Coin Parameters**\n\nCoin Details \n-  Name: MB8 Coin \n- Ticker: MB8 \n- Algorithm: X13 \n- Type: Proof of Stake (POS)\n-  Class: Utility Token \n- Segwit Ready \n- Main Distribution via ICO \n- All unsold coins will be burnt\n\n**Supply Details** \n- Full supply of 1 Billion reached over a 12 Year period. \n- Coin supply increases by 5% per annum to reach this maximum.\n- Coins available via ICO: 550,000,000 \n- Discount ratios: 5:1, 4:1, 3:1 and 2:1 released in stages.\n- Initial Value: 1 MB8Coin = 1 EURO.\n\n**POS Details **\n- POS Maturity: 4 Hrs \n- POS Max Time : None \n- POW Block Height: 1 \n- Coinbase maturity: 101 block \n- Transaction confirmations: 1\n- Difficulty Retarget: each block \n- Reward: 5% per annum \n- Double Rewards (10%) for initial 6mths.\n\n**Network Support** \n- Staking rewards will be double (10% p/a) for the first six months to encourage early adoption and strengthen the network further. \n- Various test networks have been running alongside the main network to ensure Blockchain stability \n- Integration in to the Multibuy EPOS system will turn each system in to a node.\n\n**Customer Benefits**\n- Book holidays online paying up to 100% with MB8 Coin with a 1 MB8 Coin : 1 Euro Value. \n- Buy products online paying up to 70% with MB8 Coin with a 1 MB8 Coin : 1 Euro Value.\n- Spend MB8 coin within existing and growing loyalty rewards network. \n- Gain 5% p/a additional MB8 Coin rewards through staking\n\n**Multibuy Benefits**\n- Reduced costs in running and maintaining the Multibuy rewards system. \n- Increased business recognition and new customers from untapped areas. \n- Industry first where a rewards system replaces its operating model to Blockchain technology. \n- Opens the rewards system to anyone who wishes to participate.\n\n**Business Partners Benefits**\n- Ability to benefit from increased business from new customers and brand awareness. \n- Ability to buy and sell the rewards tokens on the open market rather than from a closed source at a fixed price. \n- Vendors will receive MB8 Coin at ICO and from all future customer redemptions on offers. \n- Ability to accrue 5% additional MB8 Coin rewards p/a. (by staking)\n\n**Token Sale**\n**Multibuy Launches MB8Coin** \nMultibuy Company will be releasing MB8 Coin to drive the huge expansion of its already proven loyalty rewards system, by enabling global adoption via cryptocurrency. The initial implementation will be an ICO sale distribution of MB8 Coin tokens, which serves to replace the existing rewards systems “fuel” with an interest bearing cryptocurrency tradable on open crypto exchanges.\n \n**Funds Raised via ICO**\n ICO Hard Cap - €170 Million (Pre-ICO + 3 Stages of discounts) The amount raised will greatly increase the velocity at which the stages of the roadmap can be achieved and help push our entire timeline to completion. Another extremely important aspect of the ICO is a very wide distribution of the token, which helps support the network and spreads usage to completely new audiences.\n![4.PNG](https://cdn.steemitimages.com/DQmXRJtZSGdfRzvQNVNcrH5Z9GGB8i5mCPkdgckikFoVFZ6/4.PNG)\n\nPre-mine Allocation – Total Premine 571,000,000 | 96.3% Available for purchase\n![5.PNG](https://cdn.steemitimages.com/DQmPsBiZMSiQQWzbx53Vs3N1oTFSpxgUh9Mm3RtNAVZDfXf/5.PNG)\n\n**Coin Value**\n \nWe are offering everyone this fantastic chance to be involved in the success and growth of MB8 Coin by purchasing the tokens at a fraction of its already accepted value of 1 Euro within Multibuys active rewards and loyalty system. \nOnce launched on the open crypto market the value of MB8 coin, like every cryptocurrency cannot be guaranteed (or promised) to keep its 1 Euro value, however, it will always be honoured at the 1 Euro value within the rewards system itself. \nIf however the value of MB8 rises substantially above 1 Euro, and as the network grows we are hoping to see this happen, your MB8 Coin would have more value than 1 Euro which is dependent on the market value at the time. You could, of course, decide to sell your MB8 Coin on an exchange for a profit, as there will always be a demand for them from business partners and traders.\n\n**Team**\n![6.PNG](https://cdn.steemitimages.com/DQmYVHHuhfbjMDvPeGzzRw5cRFhQgTXvPkkDFGiACGRQzwR/6.PNG)\n\nFOR MORE INFO VISIT :\nWEBSITE: https://mb8coin.io/#\nWHITEPAPER: https://mb8coin.io/%24whpdir/MB8%20Whitepaper.pdf\nFACEBOOK: fb.me/MB8Coin @MB8Coin\nTWITTER: twitter.com/MB8Coin @MB8Coin\nBITCOIN TALK PROFILE: https://bitcointalk.org/index.php?action=profile;u=2205745\n\n**Disclaimer: This article was published in terms of the bounty campaign. I am not a member of the project team or its representative but an advocate of this incredible project.**",
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2018/08/05 09:05:45
authorsteemitboard
bodyCongratulations @miguelcryto! You have completed the following achievement on Steemit and have been rewarded with new badge(s) : [![](https://steemitimages.com/70x80/http://steemitboard.com/notifications/posts.png)](http://steemitboard.com/@miguelcryto) Award for the number of posts published <sub>_Click on the badge to view your Board of Honor._</sub> <sub>_If you no longer want to receive notifications, reply to this comment with the word_ `STOP`</sub> > Do you like [SteemitBoard's project](https://steemit.com/@steemitboard)? Then **[Vote for its witness](https://v2.steemconnect.com/sign/account-witness-vote?witness=steemitboard&approve=1)** and **get one more award**!
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parent permlinkblue-frontiers-building-sustainable-floating-islands-with-unique-governing-frameworks
permlinksteemitboard-notify-miguelcryto-20180805t090547000z
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Transaction InfoBlock #24797134/Trx e6fdd97fb1a28769e5692c5a84d353be2932a1b1
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      "body": "Congratulations @miguelcryto! You have completed the following achievement on Steemit and have been rewarded with new badge(s) :\n\n[![](https://steemitimages.com/70x80/http://steemitboard.com/notifications/posts.png)](http://steemitboard.com/@miguelcryto) Award for the number of posts published\n\n<sub>_Click on the badge to view your Board of Honor._</sub>\n<sub>_If you no longer want to receive notifications, reply to this comment with the word_ `STOP`</sub>\n\n\n\n> Do you like [SteemitBoard's project](https://steemit.com/@steemitboard)? Then **[Vote for its witness](https://v2.steemconnect.com/sign/account-witness-vote?witness=steemitboard&approve=1)** and **get one more award**!",
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2018/08/05 02:56:21
authormiguelcryto
permlinkblue-frontiers-building-sustainable-floating-islands-with-unique-governing-frameworks
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Transaction InfoBlock #24789748/Trx 01241fb82c0cdb02d180271bf89d919dc31c79f3
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sjworldsent 0.001 SBD to @miguelcryto- "Vote exchage website. AUTO AND MANUAL CURATION.Referral earnig 10%, more info https://steemit.com/upvote/@sjworld/mysteemup-tips-and-tricks-how-working-referal-system. Join now https://mysteemup.club"
2018/08/05 01:15:18
amount0.001 SBD
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memoVote exchage website. AUTO AND MANUAL CURATION.Referral earnig 10%, more info https://steemit.com/upvote/@sjworld/mysteemup-tips-and-tricks-how-working-referal-system. Join now https://mysteemup.club
tomiguelcryto
Transaction InfoBlock #24787728/Trx 1300138caffc448c4ad2605623cc1ed176583725
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2018/08/05 01:14:51
authormiguelcryto
body![1.jfif](https://cdn.steemitimages.com/DQmRJPS5ji3XPFUoxzrTcasK9K8azzw22L3iPTgpaoL3Pyu/1.jfif) **To start with who or what are Blue frontiers?** Blue Frontiers, Pte. Ltd. was founded by the executive team and ambassadors of The Seasteading Institute. We have taken an ambitious long-term vision and established pragmatic steps toward developing the first seasteads. Blue Frontiers will create spaces for the advancement of novel societal structures, first within SeaZones, and ultimately on the high seas. Through agreements with host nations for the right to administer SeaZones, Blue Frontiers will provide SeaZone residents, and persons and businesses that register with the SeaZone, significant opportunities to form social orders in alignment with their personal preferences. Varyon will represent the central element to access this ecosystem Blue Frontiers is making it possible to decentralize governance by launching a sea steading industry that will provide humanity with new options for organizing societies and governments. Sea steads will provide environmental resilience to the millions of people threatened by rising sea levels. Through Varyon, we invite people to participate in realizing this fascinating endeavor. Seasteads will result to Decentralizing Governance A core structural feature of current models of government is centralization. Too much centralized authority leads to inefficient bureaucracies and representatives disconnected from the people they are meant to serve. Given a suitable technological solution, governments are ripe for decentralization. That technological solution is seasteading. Seasteading brings decentralization beyond the digital world of bits and into the world of atoms by providing modular, floating structures – seasteads – on which the evolution of new societies and forms of governance can occur. Promising solutions can branch off at any time by physically separating to create new seasteads – enabling a high level of evolvability and quick rate of adaptation. Mimicking nature’s time-tested method of variation and selection, the process of decentralizing governance through seasteading will spark the creation and evolution of new advancements in civilization. When our homes and businesses can float to locations we choose, we can relatively easily rearrange our cities and sail our residence to other locations. Governments will no longer have a monopoly on the space where citizens live and businesses conduct their commercial activities. Instead governments will need to act like service providers, competing to attract citizens and businesses. Consequently, we will have an ever-evolving marketplace for government in a decentralized world. Since 2008, Blue Frontiers Precursor the Seasteading Institute (a 501(c)(3) nonprofit) has promoted the development of seasteads, new cities or settlements on the ocean. Supporters of this concept, “seasteaders,” have proposed moving to the sea – outside of territories controlled by existing governments – to establish new societies and to engage in new rules for government. Features of Blue Frontiers, Pte Ltd. Seasteads: A seastead is a floating human habitation, designed to remain in the sea indefinitely. Seasteads are designed to be mobile so they can be reasonably moved and reconfigured in relation to other seasteads. This allows for the formation, reformation, and dissolution of networks, neighborhoods, cities, and eventually nation-states in international waters. Seasteads will offer residents and businesses liberties and regulatory frameworks that allow for rapid innovation in societal and political structures. The seasteads planned by Blue Frontiers are designed with the latest technology available to be sustainable and aesthetically attractive. Our concern for the well-being of the oceans is baked into our seasteading plans, and our designs will have a positive impact on the seas and sea life around our developments SeaZones Blue Frontiers, Pte. Ltd. (Blue Frontiers) was founded by the executive team and ambassadors of The Seasteading Institute. Our team’s cumulative experience and knowledge, network, government and media relations make us the best suited company to usher in the era of seasteading. We have taken an ambitious long-term vision and established pragmatic steps toward developing the first seasteads. We are pioneering experimental economic SeaZones where political, social, and technological innovations can be implemented by those who choose to optin. With the creation of SeaZones and seasteads, Blue Frontiers is addressing two critical problems: 1. Lack of innovation in governance systems. 2. Loss of land and homes due to rising seas and a shortage of real estate in coastal areas. Blue Frontiers is an international company, registered in Singapore, made up of staff and professionals from all over the world. At the time of the publication of this white paper, aside from the founders, we employ ˜15 staff, and have ˜100 active and accomplished professionals working on critical issues in their fields of expertise necessary to the development of seasteads and the creation and administration of SeaZones. We Produce Land! Our team of designers and engineers are developing floating platforms that can be manufactured and mass produced, while maintaining comfort and affordability. We will create the ability to produce these platforms all over the world to fit the growing demand from people seeking choice in society as well as those needing to adapt to rising seas and climate change. Our products will become the “Legos for assembling floating islands.” The Blue Frontiers family of companies will license, produce, lease, and rent out entire seasteads and dwellings on seasteads. The Floating Economy Although Blue Frontiers’ main focus is on seasteads for residential purposes, the development of floating infrastructure and seasteading technologies will open up possibilities for use in other growing industries. We are considering collaborations and opportunities to enter the following markets: 1. Floating Solar Power 2. Floating Wind Power 3. Floating Agriculture 4. Fish Farms 5. Floating (and sinking) Data Centers 6. Wave Power 7. Floating Charge Stations for Electric Boats 8. Floating Stadiums and Amphitheaters 9. Floating Parking Structures 10. And more... **Relationship between Cryptocurrency & Blockchain Technology And Blue Frontiers’** Cryptocurrency & Blockchain Technology Blue Frontiers’ aim is to offer cryptographic currencies and blockchain technologies with a legal environment that encourages innovation, rather than undermining it with overregulation. Our SeaZones will offer cryptocurrency users and developers significant latitude for experimentation within a legal framework that provides certainty and protection from hostile regulatory regimes elsewhere. **Near-Term Strategy** Our near-term strategic approach for developing seasteads is multipronged. We put great emphasis on these four key areas: 1. Host nation diplomacy. 2. Legal research and structuring. 3. Community engagement and growth. 4. Design, engineering, and environmental planning. Ultimately, these four pillars of near-term seasteading will lead to our unique position of being the first company to secure SeaZone concessions from host nations, produce sustainable floating islands, provide turnkey solutions to seastead residence and businesses, and partner with other businesses to supply products and services related to the seasteading ecosystem **The Future of Seasteading** Experimental. Seasteading will give individuals the freedom to create or join communities, to have sovereignty over their own bodies, and ultimately the freedom to create a life free from involuntary pressures. Connected. High speed, inexpensive satellite internet is imminent. This technology will allow seasteaders to stay connected to the decentralized world from remote locations. Self Sufficient. Integration and development of various technologies will ultimately allow us to reach self-sufficiency, made possible by an abundance of energy, potable water, food, and building materials. Independent. The freedom to opt out of governments that one does not wish to participate in will be available to the masses with modular, moveable seasteading. Seastead communities will employ sharing economies where many goods are available under subscription model. Beyond Sustainable. By living on the seas, humans will have a strong incentive to stop treating them as hunting grounds and ocean highways for supertankers, and start taking better care of them. The seasteads are designed to attract and revive coral and marine life habitats. Global. The remotest parts of the world’s oceans will become attractive living locations, specifically near the equator where fierce storms are unlikely and sunshine is abundant. Varyon ![2.png](https://cdn.steemitimages.com/DQmdym77xjDppuHoKkv7ZWwcqpagdVeEFQp2ZEe1DfZiPvV/2.png) Blue Frontiers is raising capital to build seasteads by issuing an ERC20 token named Varyon on the Ethereum blockchain. We plan and expect that Varyon will be usable to purchase seasteads, fractional ownership of seasteads, seastead residency, and other products and services from Blue Frontiers. As an easily exchangeable token, Varyon will also be tradable and usable beyond just Blue Frontiers. Varyon will play an important role in the long-term autonomy of seasteading and the ability to exchange value between seasteading communities. Blue Frontiers will use the proceeds of the Token Generation Event (TGE) and future sales of products and services to expand the Varyon ecosystem and create SeaZones and seasteads. Varyon’s purpose is to facilitate economic planning for all involved parties. Building floating platforms requires complex cooperation to translate projects that currently exist as separate units, (e.g. floating architecture, closed water systems, sustainable energy generation) into one product for housing humans on the water. Varyon will provide safeguards for fairness and transparency as we move through many unprecedented stages of research and development Token Mechanics The total supply of Varyon will be created during the TGE. One billion Varyon will be minted and none shall be issued after the TGE. Thus, the total amount in circulation will be fixed and publicly known. A portion of the total token supply will be held and used by Blue Frontiers for development, construction, and administration. If during the TGE Blue Frontiers does not raise enough funds to execute on the roadmap, all tokens purchased will be refunded. However, our calculations show that at the lower bound of the raise (soft cap of 4000 Ether), Blue Frontiers will have enough funds to be able to design, engineer, test, and plan the construction of the first seasteads. Blue Frontiers will be able to acquire more funding through Varyon debt financing (more about this below) in order to move into construction. At the upper bound of the TGE (22,000 Ether), Blue Frontiers will have sufficient capital to engineer, design and build at least the first seastead, possibly more depending on actual construction costs and fluctuations in Blue Frontiers’ financial holdings. Varyon Sale ![3.PNG](https://cdn.steemitimages.com/DQmcLJquNjd93xyFX6eNACvraUGpeVyrKVvdbxxH9A9Zdmk/3.PNG) Varyon will be distributed in a crowdsale to buyers who have been whitelisted through our anti-money laundering (AML), know your customer (KYC), and selection process. The sale will be held entirely in Ether (ETH). The soft cap of the combined pre-sale and public sale will be 4,000 ETH and our hard cap will be 22,000 ETH. Presales will be sold ahead of the public sale in Bitcoin, ZenCash, and Ethereum, with a tiered bonus of up to 15%. There will not be bonuses in the public sale. Time to Issuance: Tokens are issued upon successful KYC / AML checks, with a transfer freeze until a deadline set shortly after the sale (in order to fully process all sales and KYC / AML checks). **Distribution** • 40% Sale* • 10% Community Development • 15% Blue Frontiers team • 35% Reserves: Future Seastead/SeaZone Construction, Development, Administration * Varyon not sold in the main sale will be allotted to the reserves for future seastead/SeaZone Construction, Development, Administration. - SOFTCAP-4000 ETH - HARD CAP 22000 Team Token Lockup Blue Frontiers is allocating 15% of Varyon tokens to the team, which consists of the founders and executives, full and part time staff, more than one hundred professional volunteers, and advisors. A small portion of those tokens will be distributed and locked for one year from the end of the TGE. The rest will be allocated and vested over time. The team will be required to accept a significant part of their compensation in tokens, from 10% to 40%, and 40% specifically for founders. Payments received until Dec 2021 in year N are locked until the last day of year N+1. The Volunteer team will be allocated approximately one percent of the total token issuance. Volunteer tokens will be locked for one year. Some advisors will be awarded half of their tokens at the close of the sale, with the remaining tokens being vested over the course of one year. **Use of Proceeds** The funds raised from the crowdsale will be used to implement Blue Frontiers’ mission. Proceeds from the token sale will be divided among the following activities: • Design & Engineering • SeaZone Legal & Administration DRAFT 23 • Community growth • General Administration The amount of proceeds used for each activity will depend on the level of proceeds raised. Roadmap • 2017: Signed MOU with French Polynesia; launched Blue Frontiers; held researchers Floating Island Research: Science & Technology meeting at the UC Berkeley Gump Station on the Island of Moorea. Co-hosted first international seasteading gathering in Tahiti. Conducted significant economic, legal, and environmental research; developed new seastead designs; built a global team • 2018 Q1: Launched Blue Frontiers Global • 2018 Q3: Launch Varyon • 2018 Q3-Q4: Acquire a SeaZone from a host nation; continue negotiations for additional SeaZones; engineer and blueprint seastead designs • 2019 Q1/Q2: Prototype seasteads; wave-model testing; manufacturer and supply chain assessments • 2019 Q3/Q4: Manufacturer and construction team selection. Construction/manufacturing begins • 2021: First seasteads deployed Team (Founders) ![4.png](https://cdn.steemitimages.com/DQmfFvpkTPvNYrVBT8fefCMsMTb1EzS2wsWULbE7FuQcKnX/4.png) ![6.png](https://cdn.steemitimages.com/DQmX9c7Kt1gMswf9TSKUFwp2qqC6YHM7EAaGqdK6LCGfUzE/6.png) ![7.PNG](https://cdn.steemitimages.com/DQmPPMficEiQq2yYWia8Mn6aYaxSGufopqg4TYQwsgjPBXq/7.PNG) **FOR MORE INFO VISIT** : WEBSITE: https://www.blue-frontiers.com/en/ WHITEPAPER: https://www.blue-frontiers.com/whitepaper.pdf ANN: https://bitcointalk.org/index.php?topic=3708700 FACEBOOK: https://www.facebook.com/Blue-Frontiers-255004088265639/?ref=br_rs TWITTER: https://twitter.com/BlueFrontiers TELEGRAM: https://t.me/bluefrontierscommunity Reddit: https://www.reddit.com/r/BlueFrontiers BITCOIN TALK PROFILE: https://bitcointalk.org/index.php?action=profile;u=2205745 **Disclaimer: This article was published in terms of the bounty campaign. I am not a member of the project team or its representative but an advocate of this incredible project.** ![5.png](https://cdn.steemitimages.com/DQmdUEg4mPstgiFNfkW4HBL5Hfw877qsjn6n7f9KHT5mP4G/5.png)
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permlinkblue-frontiers-building-sustainable-floating-islands-with-unique-governing-frameworks
titleBlue Frontiers (building sustainable floating islands with unique governing frameworks)
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      "body": "![1.jfif](https://cdn.steemitimages.com/DQmRJPS5ji3XPFUoxzrTcasK9K8azzw22L3iPTgpaoL3Pyu/1.jfif)\n\n**To start with who or what are Blue frontiers?**\n\nBlue Frontiers, Pte. Ltd. was founded by the executive team and ambassadors of The Seasteading Institute. We have taken an ambitious long-term vision and established pragmatic steps toward developing the first seasteads. Blue Frontiers will create spaces for the advancement of novel societal structures, first within SeaZones, and ultimately on the high seas. Through agreements with host nations for the right to administer SeaZones, Blue Frontiers will provide SeaZone residents, and persons and businesses that register with the SeaZone, significant opportunities to form social orders in alignment with their personal preferences. Varyon will represent the central element to access this ecosystem\n\nBlue Frontiers is making it possible to decentralize governance by launching a sea steading industry that will provide humanity with new options for organizing societies and governments. Sea steads will provide environmental resilience to the millions of people threatened by rising sea levels. Through Varyon, we invite people to participate in realizing this fascinating endeavor.\n\nSeasteads will result to Decentralizing Governance\nA core structural feature of current models of government is centralization. Too much centralized authority leads to inefficient bureaucracies and representatives disconnected from the people they are meant to serve. Given a suitable technological solution, governments are ripe for decentralization. That technological solution is seasteading.\n\nSeasteading brings decentralization beyond the digital world of bits and into the world of atoms by providing modular, floating structures – seasteads – on which the evolution of new societies and forms of governance can occur. Promising solutions can branch off at any time by physically separating to create new seasteads – enabling a high level of evolvability and quick rate of adaptation. Mimicking nature’s time-tested method of variation and selection, the process of decentralizing governance through seasteading will spark the creation and evolution of new advancements in civilization.\n\nWhen our homes and businesses can float to locations we choose, we can relatively easily rearrange our cities and sail our residence to other locations. Governments will no longer have a monopoly on the space where citizens live and businesses conduct their commercial activities. Instead governments will need to act like service providers, competing to attract citizens and businesses. Consequently, we will have an ever-evolving marketplace for government in a decentralized world.\n\nSince 2008, Blue Frontiers Precursor the Seasteading Institute (a 501(c)(3) nonprofit) has promoted the development of seasteads, new cities or settlements on the ocean. Supporters of this concept, “seasteaders,” have proposed moving to the sea – outside of territories controlled by existing governments – to establish new societies and to engage in new rules for government.\n\nFeatures of Blue Frontiers, Pte Ltd.\nSeasteads:\n\nA seastead is a floating human habitation, designed to remain in the sea indefinitely. Seasteads are designed to be mobile so they can be reasonably moved and reconfigured in relation to other seasteads. This allows for the formation, reformation, and dissolution of networks, neighborhoods, cities, and eventually nation-states in international waters. Seasteads will offer residents and businesses liberties and regulatory frameworks that allow for rapid innovation in societal and political structures.\n\nThe seasteads planned by Blue Frontiers are designed with the latest technology available to be sustainable and aesthetically attractive. Our concern for the well-being of the oceans is baked into our seasteading plans, and our designs will have a positive impact on the seas and sea life around our developments\n\nSeaZones\n\nBlue Frontiers, Pte. Ltd. (Blue Frontiers) was founded by the executive team and ambassadors of The Seasteading Institute. Our team’s cumulative experience and knowledge, network, government and media relations make us the best suited company to usher in the era of seasteading. We have taken an ambitious long-term vision and established pragmatic steps toward developing the first seasteads. We are pioneering experimental economic SeaZones where political, social, and technological innovations can be implemented by those who choose to optin. With the creation of SeaZones and seasteads, Blue Frontiers is addressing two critical problems:\n\n1. Lack of innovation in governance systems.\n\n2. Loss of land and homes due to rising seas and a shortage of real estate in coastal areas.\n\nBlue Frontiers is an international company, registered in Singapore, made up of staff and professionals from all over the world. At the time of the publication of this white paper, aside from the founders, we employ ˜15 staff, and have ˜100 active and accomplished professionals working on critical issues in their fields of expertise necessary to the development of seasteads and the creation and administration of SeaZones.\n\nWe Produce Land!\n\nOur team of designers and engineers are developing floating platforms that can be manufactured and mass produced, while maintaining comfort and affordability. We will create the ability to produce these platforms all over the world to fit the growing demand from people seeking choice in society as well as those needing to adapt to rising seas and climate change. Our products will become the “Legos for assembling floating islands.” The Blue Frontiers family of companies will license, produce, lease, and rent out entire seasteads and dwellings on seasteads.\n\nThe Floating Economy\n\nAlthough Blue Frontiers’ main focus is on seasteads for residential purposes, the development of floating infrastructure and seasteading technologies will open up possibilities for use in other growing industries. We are considering collaborations and opportunities to enter the following markets:\n\n1. Floating Solar Power\n\n2. Floating Wind Power\n\n3. Floating Agriculture\n\n4. Fish Farms\n\n5. Floating (and sinking) Data Centers\n\n6. Wave Power\n\n7. Floating Charge Stations for Electric Boats\n\n8. Floating Stadiums and Amphitheaters\n\n9. Floating Parking Structures\n\n10. And more...\n\n**Relationship between Cryptocurrency & Blockchain Technology And Blue Frontiers’**\nCryptocurrency & Blockchain Technology Blue Frontiers’ aim is to offer cryptographic currencies and blockchain technologies with a legal environment that encourages innovation, rather than undermining it with overregulation. Our SeaZones will offer cryptocurrency users and developers significant latitude for experimentation within a legal framework that provides certainty and protection from hostile regulatory regimes elsewhere.\n\n**Near-Term Strategy**\nOur near-term strategic approach for developing seasteads is multipronged. We put great emphasis on these four key areas:\n\n1. Host nation diplomacy.\n\n2. Legal research and structuring.\n\n3. Community engagement and growth.\n\n4. Design, engineering, and environmental planning.\n\nUltimately, these four pillars of near-term seasteading will lead to our unique position of being the first company to secure SeaZone concessions from host nations, produce sustainable floating islands, provide turnkey solutions to seastead residence and businesses, and partner with other businesses to supply products and services related to the seasteading ecosystem\n\n**The Future of Seasteading**\nExperimental. Seasteading will give individuals the freedom to create or join communities, to have sovereignty over their own bodies, and ultimately the freedom to create a life free from involuntary pressures.\n\nConnected. High speed, inexpensive satellite internet is imminent. This technology will allow seasteaders to stay connected to the decentralized world from remote locations.\n\nSelf Sufficient. Integration and development of various technologies will ultimately allow us to reach self-sufficiency, made possible by an abundance of energy, potable water, food, and building materials.\n\nIndependent. The freedom to opt out of governments that one does not wish to participate in will be available to the masses with modular, moveable seasteading. Seastead communities will employ sharing economies where many goods are available under subscription model.\n\nBeyond Sustainable. By living on the seas, humans will have a strong incentive to stop treating them as hunting grounds and ocean highways for supertankers, and start taking better care of them. The seasteads are designed to attract and revive coral and marine life habitats.\n\nGlobal. The remotest parts of the world’s oceans will become attractive living locations, specifically near the equator where fierce storms are unlikely and sunshine is abundant.\n\nVaryon\n\n![2.png](https://cdn.steemitimages.com/DQmdym77xjDppuHoKkv7ZWwcqpagdVeEFQp2ZEe1DfZiPvV/2.png)\nBlue Frontiers is raising capital to build seasteads by issuing an ERC20 token named Varyon on the Ethereum blockchain. We plan and expect that Varyon will be usable to purchase seasteads, fractional ownership of seasteads, seastead residency, and other products and services from Blue Frontiers. As an easily exchangeable token, Varyon will also be tradable and usable beyond just Blue Frontiers. Varyon will play an important role in the long-term autonomy of seasteading and the ability to exchange value between seasteading communities. Blue Frontiers will use the proceeds of the Token Generation Event (TGE) and future sales of products and services to expand the Varyon ecosystem and create SeaZones and seasteads.\n\nVaryon’s purpose is to facilitate economic planning for all involved parties. Building floating platforms requires complex cooperation to translate projects that currently exist as separate units, (e.g. floating architecture, closed water systems, sustainable energy generation) into one product for housing humans on the water. Varyon will provide safeguards for fairness and transparency as we move through many unprecedented stages of research and development\n\nToken Mechanics\nThe total supply of Varyon will be created during the TGE. One billion Varyon will be minted and none shall be issued after the TGE. Thus, the total amount in circulation will be fixed and publicly known. A portion of the total token supply will be held and used by Blue Frontiers for development, construction, and administration. If during the TGE Blue Frontiers does not raise enough funds to execute on the roadmap, all tokens purchased will be refunded. However, our calculations show that at the lower bound of the raise (soft cap of 4000 Ether), Blue Frontiers will have enough funds to be able to design, engineer, test, and plan the construction of the first seasteads. Blue Frontiers will be able to acquire more funding through Varyon debt financing (more about this below) in order to move into construction. At the upper bound of the TGE (22,000 Ether), Blue Frontiers will have sufficient capital to engineer, design and build at least the first seastead, possibly more depending on actual construction costs and fluctuations in Blue Frontiers’ financial holdings.\n\nVaryon Sale\n![3.PNG](https://cdn.steemitimages.com/DQmcLJquNjd93xyFX6eNACvraUGpeVyrKVvdbxxH9A9Zdmk/3.PNG)\n\nVaryon will be distributed in a crowdsale to buyers who have been whitelisted through our anti-money laundering (AML), know your customer (KYC), and selection process. The sale will be held entirely in Ether (ETH). The soft cap of the combined pre-sale and public sale will be 4,000 ETH and our hard cap will be 22,000 ETH. Presales will be sold ahead of the public sale in Bitcoin, ZenCash, and Ethereum, with a tiered bonus of up to 15%. There will not be bonuses in the public sale. Time to Issuance: Tokens are issued upon successful KYC / AML checks, with a transfer freeze until a deadline set shortly after the sale (in order to fully process all sales and KYC / AML checks).\n\n**Distribution**\n• 40% Sale*\n\n• 10% Community Development\n\n• 15% Blue Frontiers team\n\n• 35% Reserves: Future Seastead/SeaZone Construction, Development, Administration\n\n* Varyon not sold in the main sale will be allotted to the reserves for future seastead/SeaZone Construction, Development, Administration.\n\n- SOFTCAP-4000 ETH\n- HARD CAP 22000\n\nTeam Token Lockup\n\nBlue Frontiers is allocating 15% of Varyon tokens to the team, which consists of the founders and executives, full and part time staff, more than one hundred professional volunteers, and advisors. A small portion of those tokens will be distributed and locked for one year from the end of the TGE. The rest will be allocated and vested over time. The team will be required to accept a significant part of their compensation in tokens, from 10% to 40%, and 40% specifically for founders. Payments received until Dec 2021 in year N are locked until the last day of year N+1. The Volunteer team will be allocated approximately one percent of the total token issuance. Volunteer tokens will be locked for one year. Some advisors will be awarded half of their tokens at the close of the sale, with the remaining tokens being vested over the course of one year.\n\n**Use of Proceeds**\nThe funds raised from the crowdsale will be used to implement Blue Frontiers’ mission. Proceeds from the token sale will be divided among the following activities:\n\n• Design & Engineering\n\n• SeaZone Legal & Administration DRAFT 23\n\n• Community growth\n\n• General Administration\n\nThe amount of proceeds used for each activity will depend on the level of proceeds raised.\n\nRoadmap\n• 2017: Signed MOU with French Polynesia; launched Blue Frontiers; held researchers Floating Island Research: Science & Technology meeting at the UC Berkeley Gump Station on the Island of Moorea. Co-hosted first international seasteading gathering in Tahiti. Conducted significant economic, legal, and environmental research; developed new seastead designs; built a global team\n\n• 2018 Q1: Launched Blue Frontiers Global\n\n• 2018 Q3: Launch Varyon\n\n• 2018 Q3-Q4: Acquire a SeaZone from a host nation; continue negotiations for additional SeaZones; engineer and blueprint seastead designs\n\n• 2019 Q1/Q2: Prototype seasteads; wave-model testing; manufacturer and supply chain assessments\n\n• 2019 Q3/Q4: Manufacturer and construction team selection. Construction/manufacturing begins\n\n• 2021: First seasteads deployed\n\nTeam (Founders)\n![4.png](https://cdn.steemitimages.com/DQmfFvpkTPvNYrVBT8fefCMsMTb1EzS2wsWULbE7FuQcKnX/4.png)\n![6.png](https://cdn.steemitimages.com/DQmX9c7Kt1gMswf9TSKUFwp2qqC6YHM7EAaGqdK6LCGfUzE/6.png)\n![7.PNG](https://cdn.steemitimages.com/DQmPPMficEiQq2yYWia8Mn6aYaxSGufopqg4TYQwsgjPBXq/7.PNG)\n\n\n**FOR MORE INFO VISIT** :\n\nWEBSITE: https://www.blue-frontiers.com/en/\n\nWHITEPAPER: https://www.blue-frontiers.com/whitepaper.pdf\n\nANN: https://bitcointalk.org/index.php?topic=3708700\n\nFACEBOOK: https://www.facebook.com/Blue-Frontiers-255004088265639/?ref=br_rs\n\nTWITTER: https://twitter.com/BlueFrontiers\n\nTELEGRAM: https://t.me/bluefrontierscommunity\n\nReddit: https://www.reddit.com/r/BlueFrontiers\n\nBITCOIN TALK PROFILE: https://bitcointalk.org/index.php?action=profile;u=2205745\n\n**Disclaimer: This article was published in terms of the bounty campaign. I am not a member of the project team or its representative but an advocate of this incredible project.**\n\n![5.png](https://cdn.steemitimages.com/DQmdUEg4mPstgiFNfkW4HBL5Hfw877qsjn6n7f9KHT5mP4G/5.png)",
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2018/07/30 01:46:15
authormiguelcryto
permlinkhomelend-a-mortgage-crowdfunding-platform
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2018/07/30 00:55:15
authormiguelcryto
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2018/07/29 23:49:03
authormiguelcryto
permlinksgame-pro-the-first-mobile-game-aggregator-built-on-the-blockchain
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2018/07/29 23:49:00
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body**Coins mentioned in post:** Coin | | Price (USD) | 📉 24h | 📈 7d - | - | - | - | - **BTC** | Bitcoin | 8254.750$ | _0.56%_ | _9.82%_ **ETC** | Ethereum Classic | 16.974$ | _0.23%_ | _3.6%_ **ETH** | Ethereum | 467.624$ | _0.01%_ | _0.81%_ **PRO** | Propy | 0.702$ | _-2.72%_ | _6.71%_
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2018/07/29 23:40:33
authormiguelcryto
body![A.jfif](https://cdn.steemitimages.com/DQmevzZnwvufm6XsGQ2SVScdPNKM7WuNNBh4swG1BWHU9sW/A.jfif) INTRODUCTION Mortgage loans are at the core of society. One of our basic needs as human beings is shelter. Buying a TV, embarking on holiday travel, starting a business, or even sending your kids to college… These are choices you can choose not to make in order to avoid becoming indebted. But not having a home isn’t — or shouldn’t be — an option. For most people, the only options for housing — besides living with their families, friends or relatives — are either renting or buying a place using a mortgage loan. Few are able to make a cash home purchase. Indeed, in the U.S., cash transactions account for only a third of home purchases1. Even when someone is able to pay cash, a small mortgage loan might continue to be preferable as mortgage interest payments can, in some places, be deducted for income tax purposes BLOCKCHAIN AND THE MORTGAGE INDUSTRY Blockchain and smart contracts have the potential to save between US$ 3 billion and US$11 billion to the mortgage industry.- Capgemini Consulting Many areas in the financial world have been disrupted by the Internet revolution. However, mortgage lending, despite being one of the largest areas, is still generally conducted under the same traditional system. The mortgage value chain has grown in complexity during the past three decades, due to the trend towards securitization, which has significantly amplified financial supply. Nevertheless, mortgage lending processes remain mostly paper-based and involve many players, making them complicated, tedious and slow. This has several negative consequences for the borrower as well as for other parties involved. For instance, many borrowers are burdened by the sheer amount of paperwork they need to manage. But the large amount of documents that need to be filled and the number of entities involved in the mortgage origination process are a consequence of two facts. First, there’s a real need for information gathering, analysis and checks to guarantee that the mortgage loan will be repaid. Second, this continues to be a paper-based legacy process that has not been sufficiently modernized and aligned with technological progress. Both facts contribute to cost increase Blockchain technology has an enormous potential to address both of these facts. Due to its distributed nature, a blockchain ledger can significantly ease the transfer of and access to information for each of the parties involved in the mortgage value chain. Also, with its unique capability to generate trust, transparency, and record immutability, it is an effective move toward digitization, not only of mortgage documentation but of all related business processes. In the next sections, a brief explanation of the mortgage value chain will be given in order to point out the shortcomings of the current system. As will be observed, many of these problems can be addressed through blockchain technology HOMELEND’S MORTGAGELENDING PLATFORM P2P Lending and the Mortgage industry: Peer-to-peer (P2P) lending, also known as “alternative finance,” is the process by which individuals can borrow and lend from each other without the intervention of banks or other financial intermediaries. It was made possible thanks to the Internet revolution. P2P lending platforms such as Prosper and Lending Club have been in operation for more than a decade in the U. S18. In fact, the market has outgrown expectations: ten years ago, experts estimated a US$10 billion market size for U.S.19. In reality, at the end of 2016 the market size was US$34.5 billion20. Homelend’s P2P mortgage lending mechanism Homelend P2P platform works by embedding mortgage lending business logic into smart contracts. This is the platform’s core functionality. By creating a set of smart contracts that execute business processes, Homelend allows individuals to borrow money from their peers in a trusted, transparent, and secure way. The key idea is that borrowers and lenders are not linked by means of a financial intermediary (i.e. a bank or a centralized P2P lending platform), but rather by smart contracts that automatically execute a pre-defined business logic. Any mortgage loan, to be successfully originated, must follow a pre-determined path. From the moment when a potential buyer of a property applies for a loan, to the actual closing of the mortgage loan and transfer of the property from the seller to the buyer, a series of business processes take place. These processes are instrumental. They are subordinated to three main objectives, issuing a loan that: 1) makes possible the purchase of a property; 2) can be successfully paid back by the borrower; and 3) can be recovered to a satisfactory extent in case of default. P2P lending methods Homelend will develop three different P2P lending methods: pure crowdfunding, pooling, and auction. In each of them, the flow of financial resources is controlled and executed by smart contracts, without middlemen or financial intermediaries. Also, the splitting of mortgage loans into “slices” is present in each method. The difference between the methods arises from the specific approach used to and a pre-approved mortgage loan. Crowdfunding method Under the crowdfunding method, which is the simplest one, potential lenders will find investment opportunities in the form of the aforementioned “slices.” From the borrower’s perspective, his pre-approved mortgage loan will be divided into smaller fractions, such that different lenders can finance his loan by funding these “slices.” ![B.PNG](https://cdn.steemitimages.com/DQmdk9Z8nAHhLopEdeoQJEJet8nLhuqXY12S2yEdrMpeQp2/B.PNG) Pooling method The pooling method adds some economic flexibility to the system, but is also less simple from a technological perspective. In contrast to pure crowdfunding, under pooling, lenders will be able to invest money through smart contracts before the specific mortgage loan to be financed has been pre-approved. The investment is conducted under the same “slices” framework. The difference is that the smart contract will allow lenders to “pre-buy” the “slices” before they have been properly created (after a mortgage loan pre-approval). To this end, the Homelend system will classify mortgage loans according to their risk level. Loan applications will then be pre-approved under a specific risk category. Thus, potential lenders will be able to invest by sending cryptocurrency to the balance of the smart contract that controls the process of a specific risk category. The advantage of the pooling method is that it allows some level of financial buffering, without the need of a financial intermediary or a middleman. In other words, in contrast with pure crowdfunding, the total amount of funds sent to the smart contract by lenders can be higher than the size of pre-approved loans managed by the specific smart contract. The smart contract will allocate funds from risks pools to specific slices on a first-come-first-serve waterfall basis. What this means is that investors will subscribe to a specific number of slices, and as mortgage loans are pre-approved and sliced, the available slices will be allocated to the earliest investor, for the number of slices subscribed, then to the second earliest investor, and so on. ![C.PNG](https://cdn.steemitimages.com/DQmReC8F6M3EyfPYs4YCvfEDPft2ifzLKWZoKjYwrhZo8Zv/C.PNG) Auction method The auction method will be developed as a variant of the pure crowdfunding method. Unlike pooling, no financial buffering will be involved. The central difference between the auction method and pure crowdfunding is that lenders will be able to offer borrowers better conditions than those pre-approved by the platform. When a mortgage loan is pre-approved, it will be divided into “slices” the same way it is under the other two methods. The size of the loan, its duration and conditions (such as whether the interest rate is fixed or variable), will not be subject to any change. However, lenders will be able to bid on specific “slices” by offering better terms in two ways: 1) by charging a lower interest rate than the one pre-approved; and 2) by providing discount points to the borrower. ![D.PNG](https://cdn.steemitimages.com/DQmRUX1CWEqiaGaDU5UyB2JXDSv4YQYpTjwqwAqDuCbvjZu/D.PNG) BUSINESS MODEL Homelend is being developed as a blockchain solution that will significantly increase the housing financing possibilities for many individuals and families. Our value proposition is socially sensitive and anchored in a P2P progressive approach that aims to use technology for society’s benefit. Nonetheless, Homelend is also based on a sound and profitable business model, which consciously reaches out to address an underserved market. On the one hand, Homelend creates an investment opportunity for many individuals, with a solution that unites a traditional industry as real estate, with an innovative technology like blockchain. On the other hand, it makes possible for many individuals (who due to various circumstances, including current limitations in the traditional credit risks models, do not possess a solid credit score but are otherwise creditworthy) to access to housing financing and solve one of their most basic aspirations: having a home of their own Go-to-market strategy Homelend will pursue a go-tomarket strategy based on two pillars: rapid growth in the number of users (sellers/borrowers/lenders), and a targeted approach to segments underserved by mortgage banks The primary users of the Homelend platform will be borrowers and lenders. Those who intend to acquire a new home or refinance their current one will gain value from Homelend in several ways. First, they will enjoy an easy-touse, state-of-the-art application platform. Borrowers will be able to apply for mortgage loans and begin using the platform free of charge. The only thing a prospective borrower will need to do in order to use Homelend is register on the platform using an email address. Other platform services Property listing Homelend aims to develop a P2P lending platform that will not only create financing opportunities for millions of financially excluded people, but that will also increase efficiency and speed in the origination process, significantly reducing the amount of time it takes to close a mortgage. As previously discussed, this increased efficiency will be based on the automation provided by smart contracts. In order to further speed up and streamline the process, Homelend will offer sellers the opportunity to list their properties on the platform, in turn enabling prospective borrowers to search for a home directly from within the platform. If a property is listed on the platform, the seller will deposit HMD equivalent to 0.1% of the selling price as a listing gas. Digital closing As previously mentioned, digital closing of mortgages is finally becoming a reality, at least in the U.S. market. With Homelend, digital closing is an important element as it reduces the time between a mortgage loan getting fully funded and the day of closing. To this end, Homelend will work with digital closing providers who will find, through our platform, an extended and captive market. In the same way that a commission is charged in addition to the appraisal fee, Homelend will receive a commission over the fees charged by digital closing companies. Again, this will be a premium paid by the borrower for accessing financing in a more efficient and inclusive way. TOKEN GENERATION EVENT The choice to create a utility token has been carefully considered by the founding team, and it is based on several reasons and goals. Below we describe the rationale behind the issuance of HMD tokens. friction costs in the form of commissions, origination fees, etc. These are unavoidable to some extent, as they represent the remuneration for a service provided. Other friction costs stem merely from the involvement of middlemen. Some friction costs are specifically related with money flows. For instance, it is well known how high transactional costs for international wire transfers are, where banks charge commissions as high as $40 plus a significant spread over the exchange rate. These transactional costs are also present in cryptocurrency exchanges, particularly with fiat currency/cryptocurrency exchanges. Justification for a token The creation and issuance of a crypto token for Homelend is justified by the platform’s economic dynamics. In contrast to many other ICOs or TGEs, whose final product is not necessarily blockchain-based, Homelend is developing a lending system that has, at its technological core, smart contracts and distributed ledger technology. A key feature of the system is the reduction of friction costs, and the availability of the service for a wide population underserved by banks or other mortgage lenders. Indeed, the system will be able to operate independently of any third party/financial intermediary that needs to approve the transfer of fiat currency. Token functionality The HDM token’s main functionality will be to offer access to the services provided by the platform. These services will either be provided directly by Homelend or through third parties working in coordination with Homelend. The core service provided by the Homelend platform is the facilitation of P2P lending by means of smart contracts and standardized processes. The system will create a more affordable, accessible and efficient mortgage origination process. As previously mentioned, the borrower will deposit an origination gas equivalent to 1% of the mortgage loan, in order to access the financing mechanism. Token economics Token economics Cryptocurrencies and digital tokens have generated new ways of transferring value and clearing transactions. While different in many important ways from government-issued currency or the old bank notes from free banking times, some basic monetary theory principles remain applicable insofar as they purport to have transactional functionality. One of the most basic principles is the importance of token supply for the sound operation of the system. Many Initial Coin Offerings (ICO) or Token Generation Events (TGE) have been conducted in recent years. Most of them issue tokens that are qualified as: “utility tokens” with transactional value: they are meant to be the medium of exchange inside the platform or system to be developed29. However, few of them explain why a specific token supply has been chosen. They limit themselves to indicating the total number of tokens to be created and how they will be distributed. ![home.jfif](https://cdn.steemitimages.com/DQmPro9wVEZMrJZJwccf7qLbL8kH75ChQxvo4C5u5SxxMW1/home.jfif) ROADMAP ![home2.jfif](https://cdn.steemitimages.com/DQmXe8bcaWE3DGd5oNgqmXFJEgJWNdYFyS4xvZGiVkZmu5H/home2.jfif) TEAM ![home3.jfif](https://cdn.steemitimages.com/DQmYGV2HxbSQ4gvojNxembDZCDnxbBL1tS7RjodyqYdNFe4/home3.jfif) FOR MORE INFORMATION ABOUT THIS PROJECT VISIT : WEBSITE: https://homelend.io/ WHITEPAPER: https://homelend.io/files/Whitepaper.pdf ANN: https://bitcointalk.org/index.php?topic=3407541 FACEBOOK: https://www.facebook.com/HMDHomelend/ TELEGRAM: https://t.me/HomelendPlatform/ BITCOIN TALK PROFILE: https://bitcointalk.org/index.php?action=profile;u=2205745
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parent author
parent permlinkrealestate
permlinkhomelend-a-mortgage-crowdfunding-platform
titleHOMELEND — A MORTGAGE CROWDFUNDING PLATFORM
Transaction InfoBlock #24613109/Trx 922cd90d2825c4965f63b80b1d08a8817fa957d2
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      "body": "![A.jfif](https://cdn.steemitimages.com/DQmevzZnwvufm6XsGQ2SVScdPNKM7WuNNBh4swG1BWHU9sW/A.jfif)\n\nINTRODUCTION\nMortgage loans are at the core of society. One of our basic needs as human beings is shelter. Buying a TV, embarking on holiday travel, starting a business, or even sending your kids to college… These are choices you can choose not to make in order to avoid becoming indebted. But not having a home isn’t — or shouldn’t be — an option. For most people, the only options for housing — besides living with their families, friends or relatives — are either renting or buying a place using a mortgage loan. Few are able to make a cash home purchase. Indeed, in the U.S., cash transactions account for only a third of home purchases1. Even when someone is able to pay cash, a small mortgage loan might continue to be preferable as mortgage interest payments can, in some places, be deducted for income tax purposes\n\nBLOCKCHAIN AND THE MORTGAGE INDUSTRY\nBlockchain and smart contracts have the potential to save between US$ 3 billion and US$11 billion to the mortgage industry.- Capgemini Consulting\n\nMany areas in the financial world have been disrupted by the Internet revolution. However, mortgage lending, despite being one of the largest areas, is still generally conducted under the same traditional system. The mortgage value chain has grown in complexity during the past three decades, due to the trend towards securitization, which has significantly amplified financial supply. Nevertheless, mortgage lending processes remain mostly paper-based and involve many players, making them complicated, tedious and slow.\n\nThis has several negative consequences for the borrower as well as for other parties involved. For instance, many borrowers are burdened by the sheer amount of paperwork they need to manage. But the large amount of documents that need to be filled and the number of entities involved in the mortgage origination process are a consequence of two facts. First, there’s a real need for information gathering, analysis and checks to guarantee that the mortgage loan will be repaid. Second, this continues to be a paper-based legacy process that has not been sufficiently modernized and aligned with technological progress. Both facts contribute to cost increase\n\nBlockchain technology has an enormous potential to address both of these facts. Due to its distributed nature, a blockchain ledger can significantly ease the transfer of and access to information for each of the parties involved in the mortgage value chain. Also, with its unique capability to generate trust, transparency, and record immutability, it is an effective move toward digitization, not only of mortgage documentation but of all related business processes. In the next sections, a brief explanation of the mortgage value chain will be given in order to point out the shortcomings of the current system. As will be observed, many of these problems can be addressed through blockchain technology\n\nHOMELEND’S MORTGAGELENDING PLATFORM\nP2P Lending and the Mortgage industry:\nPeer-to-peer (P2P) lending, also known as “alternative finance,” is the process by which individuals can borrow and lend from each other without the intervention of banks or other financial intermediaries. It was made possible thanks to the Internet revolution. P2P lending platforms such as Prosper and Lending Club have been in operation for more than a decade in the U. S18. In fact, the market has outgrown expectations: ten years ago, experts estimated a US$10 billion market size for U.S.19. In reality, at the end of 2016 the market size was US$34.5 billion20.\n\nHomelend’s P2P mortgage lending mechanism\nHomelend P2P platform works by embedding mortgage lending business logic into smart contracts. This is the platform’s core functionality. By creating a set of smart contracts that execute business processes, Homelend allows individuals to borrow money from their peers in a trusted, transparent, and secure way. The key idea is that borrowers and lenders are not linked by means of a financial intermediary (i.e. a bank or a centralized P2P lending platform), but rather by smart contracts that automatically execute a pre-defined business logic.\n\nAny mortgage loan, to be successfully originated, must follow a pre-determined path. From the moment when a potential buyer of a property applies for a loan, to the actual closing of the mortgage loan and transfer of the property from the seller to the buyer, a series of business processes take place. These processes are instrumental. They are subordinated to three main objectives, issuing a loan that:\n\n1) makes possible the purchase of a property;\n\n2) can be successfully paid back by the borrower; and\n\n3) can be recovered to a satisfactory extent in case of default.\n\nP2P lending methods\nHomelend will develop three different P2P lending methods: pure crowdfunding, pooling, and auction. In each of them, the flow of financial resources is controlled and executed by smart contracts, without middlemen or financial intermediaries. Also, the splitting of mortgage loans into “slices” is present in each method. The difference between the methods arises from the specific approach used to and a pre-approved mortgage loan.\n\nCrowdfunding method\nUnder the crowdfunding method, which is the simplest one, potential lenders will find investment opportunities in the form of the aforementioned “slices.” From the borrower’s perspective, his pre-approved mortgage loan will be divided into smaller fractions, such that different lenders can finance his loan by funding these “slices.”\n![B.PNG](https://cdn.steemitimages.com/DQmdk9Z8nAHhLopEdeoQJEJet8nLhuqXY12S2yEdrMpeQp2/B.PNG)\n\nPooling method\nThe pooling method adds some economic flexibility to the system, but is also less simple from a technological perspective. In contrast to pure crowdfunding, under pooling, lenders will be able to invest money through smart contracts before the specific mortgage loan to be financed has been pre-approved. The investment is conducted under the same “slices” framework. The difference is that the smart contract will allow lenders to “pre-buy” the “slices” before they have been properly created (after a mortgage loan pre-approval). To this end, the Homelend system will classify mortgage loans according to their risk level. Loan applications will then be pre-approved under a specific risk category. Thus, potential lenders will be able to invest by sending cryptocurrency to the balance of the smart contract that controls the process of a specific risk category.\n\nThe advantage of the pooling method is that it allows some level of financial buffering, without the need of a financial intermediary or a middleman. In other words, in contrast with pure crowdfunding, the total amount of funds sent to the smart contract by lenders can be higher than the size of pre-approved loans managed by the specific smart contract.\n\nThe smart contract will allocate funds from risks pools to specific slices on a first-come-first-serve waterfall basis. What this means is that investors will subscribe to a specific number of slices, and as mortgage loans are pre-approved and sliced, the available slices will be allocated to the earliest investor, for the number of slices subscribed, then to the second earliest investor, and so on.\n\n![C.PNG](https://cdn.steemitimages.com/DQmReC8F6M3EyfPYs4YCvfEDPft2ifzLKWZoKjYwrhZo8Zv/C.PNG)\nAuction method\nThe auction method will be developed as a variant of the pure crowdfunding method. Unlike pooling, no financial buffering will be involved. The central difference between the auction method and pure crowdfunding is that lenders will be able to offer borrowers better conditions than those pre-approved by the platform. When a mortgage loan is pre-approved, it will be divided into “slices” the same way it is under the other two methods. The size of the loan, its duration and conditions (such as whether the interest rate is fixed or variable), will not be subject to any change. However, lenders will be able to bid on specific “slices” by offering better terms in two ways:\n\n1) by charging a lower interest rate than the one pre-approved; and\n\n2) by providing discount points to the borrower.\n\n![D.PNG](https://cdn.steemitimages.com/DQmRUX1CWEqiaGaDU5UyB2JXDSv4YQYpTjwqwAqDuCbvjZu/D.PNG)\n\nBUSINESS MODEL\nHomelend is being developed as a blockchain solution that will significantly increase the housing financing possibilities for many individuals and families. Our value proposition is socially sensitive and anchored in a P2P progressive approach that aims to use technology for society’s benefit. Nonetheless, Homelend is also based on a sound and profitable business model, which consciously reaches out to address an underserved market. On the one hand, Homelend creates an investment opportunity for many individuals, with a solution that unites a traditional industry as real estate, with an innovative technology like blockchain. On the other hand, it makes possible for many individuals (who due to various circumstances, including current limitations in the traditional credit risks models, do not possess a solid credit score but are otherwise creditworthy) to access to housing financing and solve one of their most basic aspirations: having a home of their own\n\nGo-to-market strategy\nHomelend will pursue a go-tomarket strategy based on two pillars: rapid growth in the number of users (sellers/borrowers/lenders), and a targeted approach to segments underserved by mortgage banks\n\nThe primary users of the Homelend platform will be borrowers and lenders. Those who intend to acquire a new home or refinance their current one will gain value from Homelend in several ways. First, they will enjoy an easy-touse, state-of-the-art application platform. Borrowers will be able to apply for mortgage loans and begin using the platform free of charge. The only thing a prospective borrower will need to do in order to use Homelend is register on the platform using an email address.\n\nOther platform services\nProperty listing\nHomelend aims to develop a P2P lending platform that will not only create financing opportunities for millions of financially excluded people, but that will also increase efficiency and speed in the origination process, significantly reducing the amount of time it takes to close a mortgage. As previously discussed, this increased efficiency will be based on the automation provided by smart contracts. In order to further speed up and streamline the process, Homelend will offer sellers the opportunity to list their properties on the platform, in turn enabling prospective borrowers to search for a home directly from within the platform. If a property is listed on the platform, the seller will deposit HMD equivalent to 0.1% of the selling price as a listing gas.\n\nDigital closing\nAs previously mentioned, digital closing of mortgages is finally becoming a reality, at least in the U.S. market. With Homelend, digital closing is an important element as it reduces the time between a mortgage loan getting fully funded and the day of closing. To this end, Homelend will work with digital closing providers who will find, through our platform, an extended and captive market. In the same way that a commission is charged in addition to the appraisal fee, Homelend will receive a commission over the fees charged by digital closing companies. Again, this will be a premium paid by the borrower for accessing financing in a more efficient and inclusive way.\n\nTOKEN GENERATION EVENT\nThe choice to create a utility token has been carefully considered by the founding team, and it is based on several reasons and goals. Below we describe the rationale behind the issuance of HMD tokens. friction costs in the form of commissions, origination fees, etc. These are unavoidable to some extent, as they represent the remuneration for a service provided. Other friction costs stem merely from the involvement of middlemen. Some friction costs are specifically related with money flows. For instance, it is well known how high transactional costs for international wire transfers are, where banks charge commissions as high as $40 plus a significant spread over the exchange rate. These transactional costs are also present in cryptocurrency exchanges, particularly with fiat currency/cryptocurrency exchanges.\n\nJustification for a token\nThe creation and issuance of a crypto token for Homelend is justified by the platform’s economic dynamics. In contrast to many other ICOs or TGEs, whose final product is not necessarily blockchain-based, Homelend is developing a lending system that has, at its technological core, smart contracts and distributed ledger technology. A key feature of the system is the reduction of friction costs, and the availability of the service for a wide population underserved by banks or other mortgage lenders. Indeed, the system will be able to operate independently of any third party/financial intermediary that needs to approve the transfer of fiat currency.\n\nToken functionality\nThe HDM token’s main functionality will be to offer access to the services provided by the platform. These services will either be provided directly by Homelend or through third parties working in coordination with Homelend. The core service provided by the Homelend platform is the facilitation of P2P lending by means of smart contracts and standardized processes. The system will create a more affordable, accessible and efficient mortgage origination process. As previously mentioned, the borrower will deposit an origination gas equivalent to 1% of the mortgage loan, in order to access the financing mechanism.\n\nToken economics\nToken economics Cryptocurrencies and digital tokens have generated new ways of transferring value and clearing transactions. While different in many important ways from government-issued currency or the old bank notes from free banking times, some basic monetary theory principles remain applicable insofar as they purport to have transactional functionality. One of the most basic principles is the importance of token supply for the sound operation of the system. Many Initial Coin Offerings (ICO) or Token Generation Events (TGE) have been conducted in recent years. Most of them issue tokens that are qualified as: “utility tokens” with transactional value: they are meant to be the medium of exchange inside the platform or system to be developed29. However, few of them explain why a specific token supply has been chosen. They limit themselves to indicating the total number of tokens to be created and how they will be distributed.\n\n![home.jfif](https://cdn.steemitimages.com/DQmPro9wVEZMrJZJwccf7qLbL8kH75ChQxvo4C5u5SxxMW1/home.jfif)\n\nROADMAP\n![home2.jfif](https://cdn.steemitimages.com/DQmXe8bcaWE3DGd5oNgqmXFJEgJWNdYFyS4xvZGiVkZmu5H/home2.jfif)\n\nTEAM\n![home3.jfif](https://cdn.steemitimages.com/DQmYGV2HxbSQ4gvojNxembDZCDnxbBL1tS7RjodyqYdNFe4/home3.jfif)\n\nFOR MORE INFORMATION ABOUT THIS PROJECT VISIT :\n\nWEBSITE: https://homelend.io/\n\nWHITEPAPER: https://homelend.io/files/Whitepaper.pdf\n\nANN: https://bitcointalk.org/index.php?topic=3407541\n\nFACEBOOK: https://www.facebook.com/HMDHomelend/\n\nTELEGRAM: https://t.me/HomelendPlatform/\n\nBITCOIN TALK PROFILE:\n\nhttps://bitcointalk.org/index.php?action=profile;u=2205745",
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2018/07/29 16:50:57
authorshultsandriy
bodyVote exchange site, auto and manual curation. Ref 10%, https://mysteemup.club?r=shultsandriy.
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2018/07/29 16:50:42
authormiguelcryto
body![1.PNG](https://cdn.steemitimages.com/DQmYjnnW2QE45TZHPfsVAohLqzWgR8qxuCxpzgfxFzxQijS/1.PNG) **INTRODUCTION** The future represents simplicity and automation of services! Orbis Worldwide Money Transfer and Investment is the future! We come with a fast, easy and cheap concept of financial transactions, investment and marketing services bringing out User Friendly services through intelligent marketing in all social classes. Our team’s vision is creating a new worldwide financial branches, based on blockchain decentralized technology. Orbis Company will provide innovative transfer, payment and investment services using cryptocurrency tokens and block chain technology. This technology combined with mobile and computer software, will give mankind the opportunity to make money transfers, investments and payments using our self-service machines, as well as personal smartphones and computers with internet access. **DIGITAL MONETARY SYSTEM AND BLOCK-CHAIN TECHNOLOGY** Wireless money transfers and cashless payment systems have exploded all around the world over the last decade and a half. Global transactions of this type grew 11.3% from 2013 to 2017, reaching nearly $450 billion today. Most recently, this growth has seen the introduction of even newer and more mobile forms of payment through solutions like Apple Pay, Google Pay, and others. These combine mobile payment technology with cryptocurrency software to deliver their product. In the near future, payments made through near-field communication such as QR codes are expected to rise above $6 trillion dollars annually. To adapt to these changes, decentralized investment markets are setting the stage. These have a peer-to-peer market structure, and in such a structure, investors interact directly with one another without the need for complex intermediary hierarchies. Their devices act as the points of contact, and all transaction information is distributed through algorithms programmed into the devices and their software. There is no need for centralized hubs or a trusted authority structure. This enables investors to make decisions by and for themselves, letting them use their own market information and make real-time payments accordingly, with lower overhead and fewer costs Universal transaction processing for cryptocurrencies against fiat-based goods and services is practically nonexistent, and represents a significantly untapped demand in a market which has exceeded $200 billion and counting. ORBIS, the future of descentralized money transfer, payments and investment Being able to trade cryptocurrencies between ordinary, everyday users will require a significant rethinking of what services a cryptocurrency provides. The ORBIS system can provide this on a 24-hour basis, either online or in-person at an ORBIS branch. This will allow everyone to access the benefits that cryptocurrencies provide them, including low transaction costs, no-limit transactions, fast payment, and the removal of geopolitical barriers to payment. Approximately 4 million people are using cryptocurrencies on a daily basis, with that number growing every day and expected to exceed 300 million by the year 2030. Satisfying this market is quite possibly the largest financial opportunity in the last several decades. The ORBIS system aims to be the best to do just this **ORBIS CRYPTO-ECONOMY VISION AND BUSINESS PLAN** The current rate of bank account ownership around the world is only 60%. The remaining 40, mainly in developing countries, do not have any bank account whatsoever. This is a shocking figure, considering what an integral part of daily life a bank account is for the 60% who do have one. In the past 5 years, however, the volume of cash circulation in the world has barely gone up, while non-cash transactions have grown by more than 10%. To address this, global financial institutions have invested significant resources. MasterCard and Visa, for instance, among others, developed a coalition in 2016 with a goal of worldwide financial access by 2020. Their efforts will focus primarily on 25 countries, with most being in Africa. These 25 countries comprise 73% of the total population who is currently excluded from accessing a bank account. ORBIS seeks to bridge the gap, too. We currently aim to provide financial access to 3 million unbanked persons across Latin America, Africa, and Asia by 2020 through partnerships with banks. Our self-service platform will provide an accessible solution to these people and allow them their first opportunity to unlock the opportunities that finance grants them. These opportunities will include debit card ownership, smartphones with ORBIS payment apps, and QR and bar-code scanning. **MISSION** Orbis is aiming to provide financial access to 3 million previously unbanked people in Latin America, Asia and Africa by 2020 with the partnership of a third party (bank) which can provide self-service accessible banking solutions. The Orbis project will offer the chance to previously unbanked people to own a debit card, a smartphone with the Orbis Payment Mobile app, bar-code and QR codes checks, through the philanthropic project financed by the companies’ profits. The banks and the current payment transfer methods being conducted by individuals has shown many human errors that can be irritating and time consuming for clients. The amount which a person can transfer will be limitless done in a quick one way or two-way direction, preventing fraud and scams. Orbis has designed a safe system that will be established in Orbis Branches around the world with Self-service cash machines, and virtual reality chat robots that can overtake time and human error problems. Our team is constantly working in developing new features before the release that could ease many people's lives and making a new sense also developing other new businesses, helping people run their own start-up more easily **OVERVIEW** The ORBIS team works hard to ensure that they are providing a useful service to the world. Our intention is to make life easier for every single one of our customers. We intend to do this by releasing a futuristic payment platform with a number of novel features which will allow customers to do their banking, payments, and investing in cryptocurrency and all in one place. In the Pre-ICO stage (from 16th to 30th of April) we are offering a 50% bonus for all the buyers. Our team aims to release the platform by 10th of May 2018; however, we will be releasing 50,000,000 tokens in advance of its launch, with the starting price of $0.5 U.S. dollars. If the minimal capital target will not be achieved all funds will be returned to buyer’s accounts/wallets. ![3.PNG](https://cdn.steemitimages.com/DQmTgw5pT1xW3VbyEPUcwY9Lwt7cKXQoLqvghFEahxVnyBH/3.PNG) ![4.PNG](https://cdn.steemitimages.com/DQmebNzQczXR3mNS8FKN6cMQdSZuWTEcZbwpd1PgogrqRrA/4.PNG) **ORBIS WALLET** Like other cryptocurrencies, ORBS will be stored in a digital wallet. Our wallets will be built-in our platform, where customers will be given the opportunity to save, transfer, and invest their tokens worldwide at the lowest exchange rates. Orbis wallet will offer the most simplistic user friendly design so it can be used by clients from all types of ages. The wallet will include a Transfer token account, an Investment Token Account, an IBAN Fiat Currencies Account and a Savings Account. **ROADMAP** ![2.PNG](https://cdn.steemitimages.com/DQmX6XV39GYzzfV2eEF4LJ81PytMXTMMKdSzfqhWV5GwEzM/2.PNG) **TEAM** ![5.PNG](https://cdn.steemitimages.com/DQmZ7goYHCoPSngGWdYbbBxSvnWJWGEeQGvBUC8j1E2sZZp/5.PNG) FOR MORE INFO ABOUT THIS PROJECT VISIT: WEBSITE: https://orbistransfer.com/ WHITEPAPER: https://orbistransfer.com/downloads/Orbis-White-Paper-2.pdf ANN: https://bitcointalk.org/index.php?topic=3844192.0 FACEBOOK: https://facebook.com/orbistoken TWITTER: https://twitter.com/OrbisToken TELEGRAM: https://t.me/orbisgroup BITCOIN TALK PROFILE: https://bitcointalk.org/index.php?action=profile;u=2205745
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2018/07/29 02:57:12
authormiguelcryto
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2018/07/29 02:45:00
authormiguelcryto
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2018/07/29 02:42:09
authormiguelcryto
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2018/07/29 02:01:51
authormiguelcryto
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2018/07/29 02:01:39
authormiguelcryto
body![K.PNG](https://cdn.steemitimages.com/DQmTZADtzsPS5CkQU2GmaoMrq6bxRVoz1oGGCQpJmn2tcER/K.PNG) Sgame Pro is a mobile gaming Platform aggregator (“Sgame Pro”), owned by Sgame SA a Swiss based company (the “Company”). Under development since 2016, Sgame Pro successfully launched its Alpha version in 2017 achieving over 50,000 downloads with no marketing spending. Sgame Pro is entirely focused on the rapidly growing mobile gaming industry and has developed two major technical innovations: First, Sgame Pro enables players (“Player” or “Players”) to be rewarded with our newly issued utility crypto-token (“Sgame Coin” or “SGM”) while simply playing the world’s most popular mobile games. SGM will be (i) the only way to access and benefit from the Sgame Pro Platform and (ii) the sole settlement method for all transactions with the Sgame Pro ecosystem. Second, Sgame Pro aggregates the fragmented sector of independent and major game publishers (“Publisher” or “Publishers”) into a one-stop-shop gaming Platform. On Sgame Pro, Players will not only be able to find all the latest games, but will also have the opportunity to challenge others in games that were previously single player games (“Challenge”), creating an entirely new gaming mode (“Asynchronous Multiplayer”). This innovation is truly disruptive given that 78% of the mobile gaming market is single player while most of the revenues stem from multiplayer games. THE MARKET With almost 20% YoY growth, the global mobile gaming market remains the stand out segment of the overall gaming market which itself is forecast to grow at a 3 year CAGR of 9.4% to $142bn. The main drivers behind this are increasing smartphone adoption, improving mobile internet connectivity and the ever growing number of high quality mobile games. Mobile as the largest source of gaming revenue has paved the way for a new array of business models and integrated payment solutions ranging from subscriptions fee, pay-per-play, in-app purchase (IAP), royalty to premium account, upgrade remunerations and - most importantly - advertising in app (ADV). Within this framework the free-to-play mode, with revenue derived from ADV and the sale of digital goods, has emerged as the dominant model. Supercell, the maker of mobile games Clash Royale™ and Clash of Clans™, generated $2.3 billion in sales in 2016, all coming from Players purchasing digital goods to compete with each other. ![A.PNG](https://cdn.steemitimages.com/DQmaPGeXPGPy7wuLFVwTXUamgixi6DmWKnJUwdK4Y3BuSCD/A.PNG) THE MARKET OPPORTUNITIES After almost 2 years of research and analysis, we have identified the following market needs that the Sgame Pro Platform will help resolve: ![B.PNG](https://cdn.steemitimages.com/DQmTM2ULHD4tEx2dfwQJXhgqi3yzjuvwu9XYuzimJvX3QNh/B.PNG) ADDRESSING MARKET NEEDS Sgame Pro is a game aggregator and community where Players are rewarded in SGM by: • Playing iOS and Android mobile games from the world’s best Publishers • Challenging other Players • Streaming their Challenges to millions of Players • Taking part in targeted actions via a personalized Offer Wall Players will be able to use SGM to redeem a large number of digital and physical goods on the internal Sgame Pro marketplace (hereinafter “Sgame Marketplace”) and on Publishers’ digital stores. In addition, Players will be able to transfer SGM from their internal Sgame Pro wallet (the “SWallet”) to their external ERC-20 compatible wallet (the “Personal Wallet”). Building on the success of Sgame Pro’s Alpha version that rapidly achieved 50,000 users in 2017 with no marketing spend, a Beta version of the Sgame Pro Platform will be released in May 2018, with an extensive new features road map over the course of 2018 SGAME PRO KEY FEATURES 1. Challenges Challenges are one of the core features of Sgame Pro, enabling Players to play in an Asynchronous Multiplayer mode games which were traditionally only single player. Public Challenges are matchmaker by Sgame Pro and let random Players of similar skill levels compete for a preset number of SGM, tied to the amount of SGM deposited on their SWallet. To ensure fairness, Sgame Pro has developed an opponent matching algorithm to match Players of similar skill levels based on their Win/Lose ratios. Private Challenges allows Players to challenge their friends, without using the matching algorithm, enabling them to wager any amount. ![C.PNG](https://cdn.steemitimages.com/DQmZzp6etTEsvxTxAByEhkSbaVNUnmbVqaaSQ85RCsJGYKB/C.PNG) 2. LEADERBOARDS A Leaderboard is a global ranking for a specific game, which allows Players to benchmark their performance versus other Players. Sgame Pro’s innovative approach consists of: 1. Leaderboards across iOS and Android: only via Sgame Pro can Players compete against other Players from both operating systems. 2. Leaderboards are rewarded: Players reaching new high scores or a specific goal are rewarded with SGM, driving increased Player engagement and longer playing times. 3. USER PROFILES Every Player and every Influencer will have their own dedicated public User Profile area containing an overview of their scores, play times as well as other relevant Player information. In addition, the Profile contains the following information: • Rank level • Challenges statistics • Live performance • Games played • SWallet balance. 4.MARKETPLACE The Sgame Marketplace lists prizes available for purchase from Merchant partners using SGM. The Marketplace offers a wide range of digital as well as physical goods. ETC OTHER FEATURES • Developer Area: Sgame Pro is developing an extensive Developer Area, dedicated to helping independent developers test and promote new mobile games and concepts. Developers will be required to pay a subscription fee in SGM. • Messaging: in order to leverage even further the social element created by the Challenges concept, the Platform will contain a comprehensive messaging system for Player to Player communication. • Anti-cheating: Sgame Pro has integrated a sophisticated anti-fraud system designed to catch a wide range of bad actors including but not limited to: bots, automated tapping, fake users and multiple accounts. TRANSACTION MODEL Given the high volume of transactions required by the Sgame Pro Platform, the chosen initial architecture minimizes the need for OnChain transactions while maximizing transaction throughput. The Sgame Pro architecture is initially built in a hybrid manner whereby SGM flow inside the Platform is OffChain so that the actual Ethereum network’s limitations (i.e. confirmation times, congestion, transaction costs) do not impede the Platform’s day-to-day functioning. In the future once these limitations are overcome, it is entirely feasible that the Sgame Pro could be moved fully OnChain. All SGM rewarded to Players will initially be deposited to the Player’s internal SWallet on Sgame Pro. Players will be able to immediately use SGM from their SWallet to perform all the Sgame Pro ecosystem transactions at no costs or wait times.The Player has full control over when SGM are transferred from his SWallet to his Personal Wallet that is ERC-20 compatible wallet. Players may withdraw SGM from their SWallet, however they can only be used on the Platform once they are transferred back to their SWallet. For Publishers, we will provide open-sourced plugins, APIs and software development kits (SDKs), to enable Players to purchase digital goods using SGM. SGM LIQUIDITY RESERVE Sgame Pro will maintain a SGM liquidity reserve (“SGM Reserve”) to manage outflows/inflows to/from Sgame Pro participants, which are expected to grow inline with the number of Players. This SGM Reserve will initially be equal to 23.7% of the SGM Total Supply, and Sgame Pro will aim to maintain it at least at 10% during its normal course of business, buying back SGM on exchanges as and when needed. The management of the SGM Reserve will be at the discretion of the Sgame Pro’s management team. Sgame Pro will maintain full control over the amount of SGM rewarded through Proof of Play, and will make this information available in the app to each Player. The Play-Block reward amounts in SGM will be adjusted periodically to reflect the underlying SGM token’s price fluctuations, aiming to ensure a near constant value of Player earnings in Fiat. ![D.PNG](https://cdn.steemitimages.com/DQmb3sdDPsgphXNgpxvBu1CYLoyyPzJEbBmwE5L9W6oy1JS/D.PNG) ROADMAP ![E.PNG](https://cdn.steemitimages.com/DQmcwoJw4f62Lb3hE1wsBTES5vMkGYj8FqFqvw8GLdwWciT/E.PNG) TERMS & CONDITIONS Sgame SA, a Swiss based corporation (“Sgame”), is conducting the issuance of a utility token (the “SGM”). The main and only purpose of SGM is to be used as a utility token to access to services and products available on the Platform. Sgame Pro will issue a maximum amount of 350,000,000 SGM Tokens (the “Tokens Total Supply”). As of today, 139,500,000 SGM tokens have already been sold to a restricted group of early backers andpartners with a lock-up period up to 14 months (the “Pre-Sale Tokens”). The remaining proceeds are to be collected through a Main Sale which shall take place within 2nd Quarter 2018. A maximum amount of 55,000,000 SGM (the “Main Sale Tokens”) will be on sale during the Main Sale at a value in CHF that will be defined 10 days before; the exchange rate of ETH to CHF will be set within 24 hours prior the Main Sale. Any unsold tokens will be burned at the end of the Main Sale. Sgame will retain a SGM Reserve initially equal to 83,000,000 SGM, that will be used to reward Players of Sgame Pro during its course of business and as described in Section 4.3. USES OF FUNDS The large majority of the funds raised (91%) will be allocated to furthering the product and business development. ![F.PNG](https://cdn.steemitimages.com/DQmPhpPZfq7DQYDiS3T3C6ozeP5geTRMktnQtTVAw65uasE/F.PNG) FUTURE ISSUE OF A SECURITY TOKEN Once the business is launched and consolidated, Sgame would like to open its success to the public by issuing a Security Token, which will allow investors to participate directly in the revenues of the Company. The Security Token will be issued only after the business has reached a series of KPIs based on traditional performance (Revenues, Profit) but also on user adoption (active users, churn rate). The Security Token will be distributed – indicatively - only in the first 8 Countries where the highest number of Players have residence. In the US, it will only be issued under Regulation D to Accredited Investors. The payment of the distribution will be executed through a smart contract and will be fully verifiable on the blockchain. TEAM ![H.png](https://cdn.steemitimages.com/DQmSRTZrko8eofpHYbKC8Rjdz4BumfD9a7PVXKDFmhmb4BN/H.png) ![I.png](https://cdn.steemitimages.com/DQmR6gkppsuFVJwkjDbMtJuCYh98cFTvxsp9u1aXvo3zRmV/I.png) ![L.png](https://cdn.steemitimages.com/DQmZQydFXUmh4duh7BgJcJ5bHcbTsqRKsxtULn6PKFxeyqm/L.png) LEGAL DISCLAIMER GENERAL INFORMATIONS 1. In order to fund the development of the Company, the SGM token will be created on the Ethereum blockchain and will be sold to the public (the "ICO Placement"). 2. SGM will be issued by a technical process that uses the «Blockchain» technology. This is an open source IT protocol over which the Company has no rights, control or liability in terms of its development and operation. The SGM distribution mechanism will be controlled by a Smart Contract; this involves a computer program that can be executed on the Ethereum network or on a blockchain network that is compatible with Smart Contract programming language. 3. SGM is a token that will allow the user to access the service provided by the Sgame Pro Platform (Utility Token). 4. The sale of SGM is final: the SGM is non-refundable and not redeemable. 5. As of the day of the ICO Placement, SGM does not have the legal qualification of a security pursuant to Swiss Law and is therefore not qualified as an Asset Token pursuant to the Guidelines (the “Guidelines”) issued on February 16, 2018 by Swiss Financial Market Supervisory Authority ("FINMA"). 6. SGM does not have a performance or a particular value outside the Company Platform. SGM shall therefore not be purchased or used for speculative or investment purposes. 7. As of the day of the ICO Placement, the SGM sale is currently not subject to the Federal Act on Stock Exchanges and Securities Trading Law and the Financial Market Infrastructure Act, which ensure that the sale of certain products or assets is subject to regulatory scrutiny for the investors' protection and may only be sold to investors provided that, inter alia, the respective documentation include all the proper disclosures and that the sale of investments FOR MORE INFO ABOUT THIS PROJECT VISIT : WEBSITE: https://sgamepro.io/ WHITEPAPER: https://sgamepro.io/wp-content/uploads/2018/05/Sgame_Pro-White_Paper-v1.73.pdf ANN: https://bitcointalk.org/index.php?topic=4452342 FACEBOOK: https://www.facebook.com/sgamepro.io/ TWITTER: https://twitter.com/sgame_official?lang=en TELEGRAM: https://t.me/sgamepro REDDIT: https://www.reddit.com/r/sgamepro/ BITCOIN TALK PROFILE: https://bitcointalk.org/index.php?action=profile;u=2205745
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parent author
parent permlinksgamepro
permlinksgame-pro-the-first-mobile-game-aggregator-built-on-the-blockchain
titleSgame Pro(The first mobile game aggregator built on the blockchain)
Transaction InfoBlock #24587135/Trx 44f6b2588e51642d03812a03e44e21d6377743a1
View Raw JSON Data
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      "author": "miguelcryto",
      "body": "![K.PNG](https://cdn.steemitimages.com/DQmTZADtzsPS5CkQU2GmaoMrq6bxRVoz1oGGCQpJmn2tcER/K.PNG)\n\nSgame Pro is a mobile gaming Platform aggregator (“Sgame Pro”), owned by Sgame SA a Swiss based company (the “Company”). Under development since 2016, Sgame Pro successfully launched its Alpha version in 2017 achieving over 50,000 downloads with no marketing spending. Sgame Pro is entirely focused on the rapidly growing mobile gaming industry and has developed two major technical innovations:\n\nFirst, Sgame Pro enables players (“Player” or “Players”) to be rewarded with our newly issued utility crypto-token (“Sgame Coin” or “SGM”) while simply playing the world’s most popular mobile games. SGM will be (i) the only way to access and benefit from the Sgame Pro Platform and (ii) the sole settlement method for all transactions with the Sgame Pro ecosystem.\n\nSecond, Sgame Pro aggregates the fragmented sector of independent and major game publishers (“Publisher” or “Publishers”) into a one-stop-shop gaming Platform. On Sgame Pro, Players will not only be able to find all the latest games, but will also have the opportunity to challenge others in games that were previously single player games (“Challenge”), creating an entirely new gaming mode (“Asynchronous Multiplayer”). This innovation is truly disruptive given that 78% of the mobile gaming market is single player while most of the revenues stem from multiplayer games.\n\nTHE MARKET\nWith almost 20% YoY growth, the global mobile gaming market remains the stand out segment of the overall gaming market which itself is forecast to grow at a 3 year CAGR of 9.4% to $142bn. The main drivers behind this are increasing smartphone adoption, improving mobile internet connectivity and the ever growing number of high quality mobile games. Mobile as the largest source of gaming revenue has paved the way for a new array of business models and integrated payment solutions ranging from subscriptions fee, pay-per-play, in-app purchase (IAP), royalty to premium account, upgrade remunerations and - most importantly - advertising in app (ADV).\n\nWithin this framework the free-to-play mode, with revenue derived from ADV and the sale of digital goods, has emerged as the dominant model. Supercell, the maker of mobile games Clash Royale™ and Clash of Clans™, generated $2.3 billion in sales in 2016, all coming from Players purchasing digital goods to compete with each other.\n\n\n![A.PNG](https://cdn.steemitimages.com/DQmaPGeXPGPy7wuLFVwTXUamgixi6DmWKnJUwdK4Y3BuSCD/A.PNG)\n\n THE MARKET OPPORTUNITIES\nAfter almost 2 years of research and analysis, we have identified the following market needs that the Sgame Pro Platform will help resolve:\n\n![B.PNG](https://cdn.steemitimages.com/DQmTM2ULHD4tEx2dfwQJXhgqi3yzjuvwu9XYuzimJvX3QNh/B.PNG)\n\n\nADDRESSING MARKET NEEDS\nSgame Pro is a game aggregator and community where Players are rewarded in SGM by:\n\n• Playing iOS and Android mobile games from the world’s best Publishers\n\n• Challenging other Players\n\n• Streaming their Challenges to millions of Players\n\n• Taking part in targeted actions via a personalized Offer Wall\n\nPlayers will be able to use SGM to redeem a large number of digital and physical goods on the internal Sgame Pro marketplace (hereinafter “Sgame Marketplace”) and on Publishers’ digital stores. In addition, Players will be able to transfer SGM from their internal Sgame Pro wallet (the “SWallet”) to their external ERC-20 compatible wallet (the “Personal Wallet”). Building on the success of Sgame Pro’s Alpha version that rapidly achieved 50,000 users in 2017 with no marketing spend, a Beta version of the Sgame Pro Platform will be released in May 2018, with an extensive new features road map over the course of 2018\n\n SGAME PRO KEY FEATURES\n1. Challenges\n\n Challenges are one of the core features of Sgame Pro, enabling Players to play in an Asynchronous Multiplayer mode games which were traditionally only single player. Public Challenges are matchmaker by Sgame Pro and let random Players of similar skill levels compete for a preset number of SGM, tied to the amount of SGM deposited on their SWallet. To ensure fairness, Sgame Pro has developed an opponent matching algorithm to match Players of similar skill levels based on their Win/Lose ratios. Private Challenges allows Players to challenge their friends, without using the matching algorithm, enabling them to wager any amount.\n\n![C.PNG](https://cdn.steemitimages.com/DQmZzp6etTEsvxTxAByEhkSbaVNUnmbVqaaSQ85RCsJGYKB/C.PNG)\n\n\n2. LEADERBOARDS\n\nA Leaderboard is a global ranking for a specific game, which allows Players to benchmark their performance versus other Players. Sgame Pro’s innovative approach consists of:\n\n1. Leaderboards across iOS and Android: only via Sgame Pro can Players compete against other Players from both operating systems.\n\n2. Leaderboards are rewarded: Players reaching new high scores or a specific goal are rewarded with SGM, driving increased Player engagement and longer playing times.\n\n 3. USER PROFILES\n\nEvery Player and every Influencer will have their own dedicated public User Profile area containing an overview of their scores, play times as well as other relevant Player information. In addition, the Profile contains the following information:\n\n• Rank level\n\n• Challenges statistics\n\n• Live performance\n\n• Games played\n\n• SWallet balance.\n\n4.MARKETPLACE\n\nThe Sgame Marketplace lists prizes available for purchase from Merchant partners using SGM. The Marketplace offers a wide range of digital as well as physical goods. ETC\n\nOTHER FEATURES\n\n• Developer Area: Sgame Pro is developing an extensive Developer Area, dedicated to helping independent developers test and promote new mobile games and concepts. Developers will be required to pay a subscription fee in SGM.\n\n• Messaging: in order to leverage even further the social element created by the Challenges concept, the Platform will contain a comprehensive messaging system for Player to Player communication.\n\n• Anti-cheating: Sgame Pro has integrated a sophisticated anti-fraud system designed to catch a wide range of bad actors including but not limited to: bots, automated tapping, fake users and multiple accounts.\n\nTRANSACTION MODEL\nGiven the high volume of transactions required by the Sgame Pro Platform, the chosen initial architecture minimizes the need for OnChain transactions while maximizing transaction throughput. The Sgame Pro architecture is initially built in a hybrid manner whereby SGM flow inside the Platform is OffChain so that the actual Ethereum network’s limitations (i.e. confirmation times, congestion, transaction costs) do not impede the Platform’s day-to-day functioning. In the future once these limitations are overcome, it is entirely feasible that the Sgame Pro could be moved fully OnChain. All SGM rewarded to Players will initially be deposited to the Player’s internal SWallet on Sgame Pro. Players will be able to immediately use SGM from their SWallet to perform all the Sgame Pro ecosystem transactions at no costs or wait times.The Player has full control over when SGM are transferred from his SWallet to his Personal Wallet that is ERC-20 compatible wallet. Players may withdraw SGM from their SWallet, however they can only be used on the Platform once they are transferred back to their SWallet. For Publishers, we will provide open-sourced plugins, APIs and software development kits (SDKs), to enable Players to purchase digital goods using SGM.\n\nSGM LIQUIDITY RESERVE\nSgame Pro will maintain a SGM liquidity reserve (“SGM Reserve”) to manage outflows/inflows to/from Sgame Pro participants, which are expected to grow inline with the number of Players. This SGM Reserve will initially be equal to 23.7% of the SGM Total Supply, and Sgame Pro will aim to maintain it at least at 10% during its normal course of business, buying back SGM on exchanges as and when needed. The management of the SGM Reserve will be at the discretion of the Sgame Pro’s management team. Sgame Pro will maintain full control over the amount of SGM rewarded through Proof of Play, and will make this information available in the app to each Player. The Play-Block reward amounts in SGM will be adjusted periodically to reflect the underlying SGM token’s price fluctuations, aiming to ensure a near constant value of Player earnings in Fiat.\n\n![D.PNG](https://cdn.steemitimages.com/DQmb3sdDPsgphXNgpxvBu1CYLoyyPzJEbBmwE5L9W6oy1JS/D.PNG)\n\n\n ROADMAP\n\n![E.PNG](https://cdn.steemitimages.com/DQmcwoJw4f62Lb3hE1wsBTES5vMkGYj8FqFqvw8GLdwWciT/E.PNG)\n\nTERMS & CONDITIONS\nSgame SA, a Swiss based corporation (“Sgame”), is conducting the issuance of a utility token (the “SGM”). The main and only purpose of SGM is to be used as a utility token to access to services and products available on the Platform.\n\nSgame Pro will issue a maximum amount of 350,000,000 SGM Tokens (the “Tokens Total Supply”). As of today, 139,500,000 SGM tokens have already been sold to a restricted group of early backers andpartners with a lock-up period up to 14 months (the “Pre-Sale Tokens”). The remaining proceeds are to be collected through a Main Sale which shall take place within 2nd Quarter 2018. A maximum amount of 55,000,000 SGM (the “Main Sale Tokens”) will be on sale during the Main Sale at a value in CHF that will be defined 10 days before; the exchange rate of ETH to CHF will be set within 24 hours prior the Main Sale. Any unsold tokens will be burned at the end of the Main Sale. Sgame will retain a SGM Reserve initially equal to 83,000,000 SGM, that will be used to reward Players of Sgame Pro during its course of business and as described in Section 4.3.\n\n USES OF FUNDS\nThe large majority of the funds raised (91%) will be allocated to furthering the product and business development.\n\n![F.PNG](https://cdn.steemitimages.com/DQmPhpPZfq7DQYDiS3T3C6ozeP5geTRMktnQtTVAw65uasE/F.PNG)\n\n\n FUTURE ISSUE OF A SECURITY TOKEN\nOnce the business is launched and consolidated, Sgame would like to open its success to the public by issuing a Security Token, which will allow investors to participate directly in the revenues of the Company. The Security Token will be issued only after the business has reached a series of KPIs based on traditional performance (Revenues, Profit) but also on user adoption (active users, churn rate). The Security Token will be distributed – indicatively - only in the first 8 Countries where the highest number of Players have residence. In the US, it will only be issued under Regulation D to Accredited Investors.\n\nThe payment of the distribution will be executed through a smart contract and will be fully verifiable on the blockchain.\n\nTEAM\n![H.png](https://cdn.steemitimages.com/DQmSRTZrko8eofpHYbKC8Rjdz4BumfD9a7PVXKDFmhmb4BN/H.png)\n![I.png](https://cdn.steemitimages.com/DQmR6gkppsuFVJwkjDbMtJuCYh98cFTvxsp9u1aXvo3zRmV/I.png)\n![L.png](https://cdn.steemitimages.com/DQmZQydFXUmh4duh7BgJcJ5bHcbTsqRKsxtULn6PKFxeyqm/L.png)\n\n\nLEGAL DISCLAIMER\n GENERAL INFORMATIONS\n\n1. In order to fund the development of the Company, the SGM token will be created on the Ethereum blockchain and will be sold to the public (the \"ICO Placement\").\n\n2. SGM will be issued by a technical process that uses the «Blockchain» technology. This is an open source IT protocol over which the Company has no rights, control or liability in terms of its development and operation. The SGM distribution mechanism will be controlled by a Smart Contract; this involves a computer program that can be executed on the Ethereum network or on a blockchain network that is compatible with Smart Contract programming language.\n\n3. SGM is a token that will allow the user to access the service provided by the Sgame Pro Platform (Utility Token).\n\n4. The sale of SGM is final: the SGM is non-refundable and not redeemable.\n\n5. As of the day of the ICO Placement, SGM does not have the legal qualification of a security pursuant to Swiss Law and is therefore not qualified as an Asset Token pursuant to the Guidelines (the “Guidelines”) issued on February 16, 2018 by Swiss Financial Market Supervisory Authority (\"FINMA\").\n\n6. SGM does not have a performance or a particular value outside the Company Platform. SGM shall therefore not be purchased or used for speculative or investment purposes.\n\n7. As of the day of the ICO Placement, the SGM sale is currently not subject to the Federal Act on Stock Exchanges and Securities Trading Law and the Financial Market Infrastructure Act, which ensure that the sale of certain products or assets is subject to regulatory scrutiny for the investors' protection and may only be sold to investors provided that, inter alia, the respective documentation include all the proper disclosures and that the sale of investments\n\nFOR MORE INFO ABOUT THIS PROJECT VISIT :\n\nWEBSITE: https://sgamepro.io/\n\nWHITEPAPER: https://sgamepro.io/wp-content/uploads/2018/05/Sgame_Pro-White_Paper-v1.73.pdf\n\nANN: https://bitcointalk.org/index.php?topic=4452342\n\nFACEBOOK: https://www.facebook.com/sgamepro.io/\n\nTWITTER: https://twitter.com/sgame_official?lang=en\n\nTELEGRAM: https://t.me/sgamepro\n\nREDDIT: https://www.reddit.com/r/sgamepro/\n\nBITCOIN TALK PROFILE: https://bitcointalk.org/index.php?action=profile;u=2205745",
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2018/07/29 00:54:00
authormiguelcryto
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2018/07/29 00:02:24
authormiguelcryto
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2018/07/28 23:29:03
authormiguelcryto
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2018/07/28 23:29:00
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body**Coins mentioned in post:** Coin | | Price (USD) | 📉 24h | 📉 7d - | - | - | - | - **1ST** | FirstBlood | 0.146$ | _-3.2%_ | _-3.59%_ **BTC** | Bitcoin | 8193.190$ | _-0.28%_ | _10.35%_ **ETH** | Ethereum | 467.199$ | _-0.9%_ | _0.47%_ **MVP** | Merculet | 0.005$ | _-1.84%_ | _-26.09%_ **TIO** | Trade Token | 0.313$ | _0.9%_ | _-12.58%_
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      "body": "**Coins mentioned in post:**\n\nCoin | | Price (USD) | 📉 24h | 📉 7d\n- | - | - | - | -\n**1ST** | FirstBlood | 0.146$ | _-3.2%_ | _-3.59%_\n**BTC** | Bitcoin | 8193.190$ | _-0.28%_ | _10.35%_\n**ETH** | Ethereum | 467.199$ | _-0.9%_ | _0.47%_\n**MVP** | Merculet | 0.005$ | _-1.84%_ | _-26.09%_\n**TIO** | Trade Token | 0.313$ | _0.9%_ | _-12.58%_",
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2018/07/28 23:27:48
authormiguelcryto
permlinkmytc-decentralized-platform-for-small-and-medium-business
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2018/07/28 23:27:39
authormiguelcryto
body![LOGO.PNG](https://cdn.steemitimages.com/DQmdxAg9WxDGzuV41KaQZSgeHnTDVzebAoNJBfSPmrGBEAb/LOGO.PNG) MYTC was founded with the idea to help small and medium businesses trade and barter globally using a decentralized trading platform. With many existing trading services, users are restricted in a number of ways: 1) access to members of other platforms is limited; 2) they are charged excessively high fees; 3) they have to go through a centralized ledger; 4) users cannot always trade without members; and 5) businesses are restricted by only being able to trade with entities that they know, or are located close-by. MYTC seeks to change all that. They intend to create a decentralized platform for small/ medium enterprises to use a common currency to conduct reciprocal trades and barters. MYTC seeks to help small businesses improve themselves through the use of digital cash on the revolutionary block chain technology. **How Does Trade Token Work?** Business owners love bartering/trading because it saves them cash; moves excess stock or idle inventory and fills up their downtime or spare capacity. Chances are you have conducted a one-to-one barter/trade deal in the past and the outcome was win-win. However, while these direct barter/trade deals can be effective, they lack flexibility, which limits how often they may occur. The challenge with a direct one-on-one barter is you might want something that one business has but they may not want what you have. By creating a cryptocurrency of barter/trade tokens you can barter-trade conveniently with a growing list of members worldwide. Trade Token has created a flexible, secure and fully accountable way for businesses to barter/trade their goods and services with businesses all around the country and the world. By using Trade Token, you earn barter/trade tokens for the goods and services you sell and this value is recorded electronically in your member account (similar to a bank account). You then spend your credit balance on goods or services from any other Trade Token member. It offers you completely flexible trading because: ► you don’t have to purchase from the same business that purchases from you ► you can spend with anyone locally, nationally and internationally ► you can sell now and buy later, or buy now and sell later. **Other Ways Trade Token Help Merchants:** Gain New Customers: Trade Token promotes your business to other local, national and international businesses who are all potential customers. Every new customer brought to you by the Trade Token community brings new income on top of what you’re already receiving, which will help to increase your profit margins. Improve Your Cash Flow: Trade Token adds another dimension to your enterprise by giving you the freedom to accept barter/trade tokens to attract new customers and increase your sales. Move Excess Stock and Idle Inventory: Trade Token is the easiest way to sell your excess or slow-moving stock without heavy discounting. If your business experiences seasonal markets, barter/trade provides a profitable way to use the inventory on a regular basis. **Help Bringing Customers to You**: then use this additional income to pay for needed goods or services within your business, saving your valuable cash flow for other expenses and purchases. Enhance Productivity: Trade Token helps companies put inventory, equipment and employees to more effective use, converting downtime and spare capacity into extra revenue by utilizing the Trade Token network as an additional business/revenue source. How often do you have staff that are underutilized, tables or hotel rooms unoccupied? When you are dealing just in ‘time’ - once it is gone, it is gone. By accepting the extra business that Trade Token brings, you don’t miss out on creating value. Purchasing Discount: When you purchase with Trade Token you are effectively spending with your excess product or service. Therefore, you buy at a discount based on your profit margin. For instance, if it costs you 35c in the dollar to produce your goods or services then for every $100 trade you spend, it really only costs you $35. So, you are in fact buying at a 65% discount! Expand Distribution Channels: Trade Token members can cost-effectively expand their business reach by promoting within Trade Token virtual network, the online business website where members actively promote their business and conduct business transactions. Essentially, business to business networking is an universal online hub where companies gather to barter or trade their goods and services between one another. The process is very simple and saves businesses from spending money, meaning they can free up finances for other operational costs. The way this all works is by utilizing Trade Token, which you earn from selling your services to other companies. These Tokens are recorded electronically on member’s account. You can then spend this balance essentially like real currency, to in turn purchase the services of another business. Total Community Involvement and Support: With the growing community of crypto currency enthusiast and market adoption of cryptocurrency, these businesses/enterprises who are members of My Trade Token will enjoy an increase in customers through the acceptance of Trade Token holders locally, nationally and internationally. **MYTC TOKEN BENEFITS** 1. MYTC Token is a cryptocurrency which serves to provide a private, secure trading network with transaction costs which is much lower than existing trade merchant payment systems. 2. MYTC Token as a cryptocurrency will be able to act as a store of value 3. MYTC Token as a cryptocurrency is supported by the merchants and members who are part of the trading network. 4. MYTC will let merchants’ complete business successfully even if they don’t belong to the same platform. Our Token will break existing boundaries and let small and medium business expand and create relationships faster. 5. MYTC Token circulates within the network, these trade tokens are accepted by both small to medium businesses that buy and sell between them and their direct customers; the community. **What makes us different to the others**, we are not just another exchange idea We believe firmly in supporting small/medium enterprises and the community that supports them, hence our focus is to build an ecosystem where it will facilitate this. Our model is to provide a technology that will enable small medium business to gain a competitive advantage through greater reach of customers and other trading/bartering partners. We believe that the growth of any businesses stems from the support of communities thus we believe that businesses should provide their goods and services through the use of technology a transparent transaction to their customers. We believe businesses are paying too much fees to banks and institutions to perform their everyday trading and increasing commission fees for transactions. Our Token will reduce bureaucracy and transactions fees significantly, as our primary focus is our customer’s growth. MYTC Token as a cryptocurrency is supported by both merchants/businesses providing the goods and services and the community purchasing them within that ecosystem. This ensures that they both rely on each other for their own benefit. Contributors know that MYTC Token is supported by the stored different trade/barter dollars which is issued to these merchants/businesses for MYTC Token. And merchants are aware that the community keeps our token liquid in public exchanges. The value of MYTC derives from both the trade/barter dollars and the circulation of MYTC token within the ecosystem. ![MYTC 1ST PIX.PNG](https://cdn.steemitimages.com/DQmZxHQRAr1xmKsgC1sud8LjAPBxfvzBydT5MZhoQcgaBJ2/MYTC%201ST%20PIX.PNG) Pre Token Generation Event Pre-TGE will be launched to help expand the team of developers to work on the project and further purchase in our marketing campaign for the upcoming TGE. The funds will help to finalize our prototype faster to be presented to all stakeholders. The funds will also help to fund the MYTC core development, even before the end of our TGE. Our target for the pre-TGE is 1,500 ETH, and the hard cap is set to 5,000 ETH. If you want to be part of our preliminary token offering please subscribe on our website (mytradetoken.io), to receive notifications and updates about our crowd sale and project milestones. An email will be sent the 48 hours (2 days) before the first day of the sale as a reminder. Our pre-TGE will start on 1st August (Pre-TGE) ending midnight 31st August Midnight (GMT) Remember the number of tokens for the pre-TGE is limited, once the hard cap is reached we will not be able to offer the tokens for the same price with the same level of bonus. At the start date we will provide the address of the pre-TGE contract on our website. Please make sure you send Ethereum token using your ERC20 wallets. Do not send any tokens directly from your exchange. ► Token Name: MYTC ► Block chain: Ethereum ERC20 token ► Start Date: 1st August 2018 12:00 (GTM) ► Duration: 31 days ► Pre TGE Soft Cap: 1,500 ETH ► Pre TGE Hard Cap: 5,000 ETH ► Price: 1 ETH = 10,000 MYTC ► Payment Method: ETH ► Min Purchase: 0.1 ETH ► Total Token Supply: 50,000,000 MYTC Token Generation Event (TGE) The crowd sale will fund the initial development and adoption of the MYTC ecosystem and platform. TGE shall commence 1st September and will last 30 days or whenever the hard cap of 17,800 ЕТH is reached. The contract address will be announced at https://mytradetoken.io on the first day of the crowd sale. ► Start Date: 1st September 2018, 12:00 (GTM) ► Duration: 30 days ► TGE Soft Cap: 3,500 ETH ► TGE Hard Cap: 17,800 ETH ► Payment Method: ETH ► Min Purchase: 0.1 ETH ► Total Token Supply: 112,000,000 MYTC Prices ![MYTC 2ND PIX.PNG](https://cdn.steemitimages.com/DQmfRbxfhxPz9kXcJRyrAtvh8MKVzkH7rCeC2EuZSJPWZVT/MYTC%202ND%20PIX.PNG) **MYTC Token Allocation** The total amount of MYTC token created will be 300,000,000 ► 18% will go the MYTC Team and will be vested for 9 months ► 3% will go the MYTC advisory committee as well as bounties and marketing ► 25% will go in reserve and escrowed to be offered to merchants who would like to further expand their footprints and support the MYTC ecosystem. ► 54% will be offered and made available to the public Remaining or unsold tokens will be rolled over in future releases to give an opportunity to future merchants to join our ecosystem. Our smart contract is set to never mint any additional tokens. This will ensure that token holders will never lose value when new tokens enter the market. Total amount of tokens is 300,000,000 MYTC. There will be a hard cap set to 17,800 ETH at TGE. If the hard cap is reached, the tokens become immediately transferrable. Remaining Tokens will be rolled out immediately for sale to merchants. This will ensure that merchants have the chance to enter and further support the MYTC ecosystem. Unsold tokens from PreTGE and TGE events, will be rolled over into our reserved tokens account. This account will allow merchants to trade MYTC tokens within our platform, making the onboarding process easier for businesses to commence trading with MYTC. While MYTC is gaining popularity, this also allows for continued project funding. MYTC will only issue reserved tokens when its gaining positive traction in the market place and there is a demand for MYTC as new merchants and trade/bartering partners sign on. MYTC ![MYTC 3RD PIX.PNG](https://cdn.steemitimages.com/DQmSkBWkBgatPXq3KdzS4J5d3Vi9qkKVrVrjeAetz94DZCE/MYTC%203RD%20PIX.PNG)Market Capitalization MYTC will never issue or mint any more tokens after the crowd sale. Once 300,000,000 tokens have been issued, minting will be ended. This is to protect MYTC token holders from loss of value through inflation. MYTC Token total market cap shall be driven by the demand of society multiplied by the maximum number of tokens produced (300,000,000 Tokens). Adoption Besides MYTC technological advantages, we need a clear go-to-market strategy in order to be able to efficiently establish MYTC as a big player in the market. Our strategy is based on the divide-and-conquer principles, where we’re starting with very specific geographic markets and niches, and taking them one by one until we reach significant volume to get to the next stage. We shall commence with partnerships with different trade/bartering exchanges within Australia and then progress in other regions where those exchanges have partnerships. The benefits that members of these trade exchanges shall inherit from using MYTC Token is that they will have access to a much larger aggregated trading platform (locally and internationally), the members will have the ability to access more spending opportunities with their trade dollars. The members will also enjoy more opportunities to market their products and services to a larger and broader market audience who now has access and wants to spend their MYTC Token with these merchants. There is an estimated 450,000 Small Medium Enterprises (SME) currently bartering in the USA, over 15,000 SME currently bartering in Australia. There are over 150,000 SME bartering in China, and 50,000 SME in South East Asia coupled with central Asia has approximately 100,000 SME bartering/trading. UK and Europe have close to 200,000 SME actively bartering. We are yet to receive statics about India and South Africa and other continents of the world but believe that there are over one million business actively bartering/trading every day of every year generating over $10 Billion per year. Stage 1: complete core platform and build partnerships with trade/bartering exchanges within Australia focusing on SME (Small Medium Enterprises) Stage 2: Consolidate our growth in Australia, and expand into other regions that our bartering/trade partners are located in. Areas (south east Asia, UK, USA, China) Stage 3: consolidate our growth within all regions that our partners are located in and expand into other regions that has not being exposed to trade/bartering. (India, South America, Europe) Stage 4: Build on and open platform to all size of businesses from small to large. Stage 5: Build on and open platform to everyone in the global community, encourage other platforms to work with us. Extended use cases Due to MYTC versatile and modular architecture, it’s possible to adapt it into many other industries and marketplaces where small transactions are completed daily. **Road Map** ► November 2017 – Team Building ► December 2017 - Idea Development ► January 2018 - Technical Specification - Strategic partnerships and alliances formed ► February 2018 – Design draft - White Paper creation. - Business company formation. ► March 2018 - Marketing and Token initialization - Website deployment. - Creation of smart contracts. - Creation of ERC20 token. ► April 2018 - Creation of business registry prototype. - Creation of consumer registry prototype. ► May 2018 - White paper release. - Marketing campaign begins. ► June 2018 - Smart Contract development - AUSTRAC registration ► July 2018 - Smart Contract deployment - White paper final version release. - Bounty campaign begins. ► August 2018 - PreTGE begins. ► September 2018 - Commencement of Token Generation Event. - Development and release of MVP. - Commencement of MYTC Core development. Global decentralized bartering system www.mytradetoken.io 24 ► October 2018 - Completion of TGE. - Beta version platform development; testing exchange APIs. - Begin cryptocurrency exchange registration. - Tokens release for bounties. - Prototype development, with integration to our first external bartering platform ► November 2018 – MYTC Core deployment. - Begin platform development version 1. - Team expansion. ► 2018 (4th Quarter) - Extensive Marketing of MYTC and MYTC Token - Independent Security Test of platform. - Commencement of mobile apps (IOS and Android) development version 1. - Independent Security Test of mobile applications (iOS and android). - Sign partnership agreement with Australian exchanges ► 2019 (1st Quarter) - Release of app (iOS and android) version 1.0 - Release first version of MYTC platform. ► 2019 (2nd Quarter) – Update and enhance mobile apps (iOS and android) - Platform Release Version 2.0 - Consolidate partnerships with Different Australian barter/trade exchanges ► 2019 (3rd Quarter) – Expand office into Thailand - Expand offices into Vietnam ► 2019 (4th Quarter) – Expand offices into Singapore - Expand offices into Malaysia ► 2020 – Expand offices into USA ► 2021 – Expand offices into UK ► 2022 – Expand office into China ► 2023 – Expand offices into Europe Conclusion If a MYTC Token holder moves to another country, it is not necessary for them to close their account and exit the system. The MYTC Ecosystem will be a global Platform that allows users to migrate between applications and instantly transact with their MYTC tokens. The transparent governance framework at the Ecosystems center will be inclusive by design, enabling an easy interface by Application Hosts. This will drive early adoption and allows seamless interfacing with bartering/trading markets around the world, bringing innovation and a wide range of network benefits to Consumers. We believe that blockchain technology will be of next frontier of the internet and the future of a cashless society allowing for the exchanges of everyday goods and services. With our token generation event, we will be able to assist businesses/enterprises who support their immediate community who ultimately support the economy. We have a belief of using innovative technology to help small medium enterprises think and act globally whilst serving the community. FOR MORE INFORMATION ON THIS PROJECT VISIT THE BELOW LINKS: WEBSITE: https://www.mytradetoken.io/ WHITEPAPER: https://www.mytradetoken.io/assets/MYTC_White_Paper.pdf FACEBOOK: https://www.facebook.com/MyTradeToken/ TWITTER: https://twitter.com/mytradetoken TELEGRAM: https://t.me/MYTCProject BITCOIN TALK PROFILE: https://bitcointalk.org/index.php?action=profile;u=2205745
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      "body": "![LOGO.PNG](https://cdn.steemitimages.com/DQmdxAg9WxDGzuV41KaQZSgeHnTDVzebAoNJBfSPmrGBEAb/LOGO.PNG)\n\nMYTC was founded with the idea to help small and medium businesses trade and barter globally using a decentralized trading platform. \n\nWith many existing trading services, users are restricted in a number of ways:\n 1) access to members of other platforms is limited;\n 2) they are charged excessively high fees;\n 3) they have to go through a centralized ledger; \n4) users cannot always trade without members; and \n5) businesses are restricted by only being able to trade with entities that they know, or are located close-by. \n\nMYTC seeks to change all that. They intend to create a decentralized platform for small/ medium enterprises to use a common currency to conduct reciprocal trades and barters. MYTC seeks to help small businesses improve themselves through the use of digital cash on the revolutionary block chain technology.\n\n**How Does Trade Token Work?**\n   Business owners love bartering/trading because it saves them cash; moves excess stock or idle inventory and fills up their downtime or spare capacity. Chances are you have conducted a one-to-one barter/trade deal in the past and the outcome was win-win. However, while these direct barter/trade deals can be effective, they lack flexibility, which limits how often they may occur. The challenge with a direct one-on-one barter is you might want something that one business has but they may not want what you have. By creating a cryptocurrency of barter/trade tokens you can barter-trade conveniently with a growing list of members worldwide. Trade Token has created a flexible, secure and fully accountable way for businesses to barter/trade their goods and services with businesses all around the country and the world. By using Trade Token, you earn barter/trade tokens for the goods and services you sell and this value is recorded electronically in your member account (similar to a bank account). You then spend your credit balance on goods or services from any other Trade Token member. It offers you completely flexible trading because: \n► you don’t have to purchase from the same business that purchases from you \n► you can spend with anyone locally, nationally and internationally\n ► you can sell now and buy later, or buy now and sell later.\n\n**Other Ways Trade Token Help Merchants:**\nGain New Customers: Trade Token promotes your business to other local, national and international businesses who are all potential customers. Every new customer brought to you by the Trade Token community brings new income on top of what you’re already receiving, which will help to increase your profit margins. \nImprove Your Cash Flow: Trade Token adds another dimension to your enterprise by giving you the freedom to accept barter/trade tokens to attract new customers and increase your sales. \nMove Excess Stock and Idle Inventory: Trade Token is the easiest way to sell your excess or slow-moving stock without heavy discounting. If your business experiences seasonal markets, barter/trade provides a profitable way to use the inventory on a regular basis.\n**Help Bringing Customers to You**: then use this additional income to pay for needed goods or services within your business, saving your valuable cash flow for other expenses and purchases. \n\nEnhance Productivity: Trade Token helps companies put inventory, equipment and employees to more effective use, converting downtime and spare capacity into extra revenue by utilizing the Trade Token network as an additional business/revenue source. How often do you have staff that are underutilized, tables or hotel rooms unoccupied? When you are dealing just in ‘time’ - once it is gone, it is gone. By accepting the extra business that Trade Token brings, you don’t miss out on creating value.\n\nPurchasing Discount: When you purchase with Trade Token you are effectively spending with your excess product or service. Therefore, you buy at a discount based on your profit margin. For instance, if it costs you 35c in the dollar to produce your goods or services then for every $100 trade you spend, it really only costs you $35. So, you are in fact buying at a 65% discount!\n \nExpand Distribution Channels: Trade Token members can cost-effectively expand their business reach by promoting within Trade Token virtual network, the online business website where members actively promote their business and conduct business transactions. Essentially, business to business networking is an universal online hub where companies gather to barter or trade their goods and services between one another. The process is very simple and saves businesses from spending money, meaning they can free up finances for other operational costs. The way this all works is by utilizing Trade Token, which you earn from selling your services to other companies. These Tokens are recorded electronically on member’s account. You can then spend this balance essentially like real currency, to in turn purchase the services of another business.\n \nTotal Community Involvement and Support: With the growing community of crypto currency enthusiast and market adoption of cryptocurrency, these businesses/enterprises who are members of My Trade Token will enjoy an increase in customers through the acceptance of Trade Token holders locally, nationally and internationally.\n\n **MYTC TOKEN BENEFITS**\n1. MYTC Token is a cryptocurrency which serves to provide a private, secure trading network with transaction costs which is much lower than existing trade merchant payment systems. \n2. MYTC Token as a cryptocurrency will be able to act as a store of value \n3. MYTC Token as a cryptocurrency is supported by the merchants and members who are part of the trading network. \n4. MYTC will let merchants’ complete business successfully even if they don’t belong to the same platform. Our Token will break existing boundaries and let small and medium business expand and create relationships faster. \n5. MYTC Token circulates within the network, these trade tokens are accepted by both small to medium businesses that buy and sell between them and their direct customers; the community.\n\n **What makes us different to the others**,\nwe are not just another exchange idea We believe firmly in supporting small/medium enterprises and the community that supports them, hence our focus is to build an ecosystem where it will facilitate this. Our model is to provide a technology that will enable small medium business to gain a competitive advantage through greater reach of customers and other trading/bartering partners. We believe that the growth of any businesses stems from the support of communities thus we believe that businesses should provide their goods and services through the use of technology a transparent transaction to their customers. We believe businesses are paying too much fees to banks and institutions to perform their everyday trading and increasing commission fees for transactions. Our Token will reduce bureaucracy and transactions fees significantly, as our primary focus is our customer’s growth.\nMYTC Token as a cryptocurrency is supported by both merchants/businesses providing the goods and services and the community purchasing them within that ecosystem. This ensures that they both rely on each other for their own benefit. Contributors know that MYTC Token is supported by the stored different trade/barter dollars which is issued to these merchants/businesses for MYTC Token. And merchants are aware that the community keeps our token liquid in public exchanges. The value of MYTC derives from both the trade/barter dollars and the circulation of MYTC token within the ecosystem.\n![MYTC 1ST PIX.PNG](https://cdn.steemitimages.com/DQmZxHQRAr1xmKsgC1sud8LjAPBxfvzBydT5MZhoQcgaBJ2/MYTC%201ST%20PIX.PNG)\n \nPre Token Generation Event\n Pre-TGE will be launched to help expand the team of developers to work on the project and further purchase in our marketing campaign for the upcoming TGE. The funds will help to finalize our prototype faster to be presented to all stakeholders. The funds will also help to fund the MYTC core development, even before the end of our TGE. Our target for the pre-TGE is 1,500 ETH, and the hard cap is set to 5,000 ETH. If you want to be part of our preliminary token offering please subscribe on our website (mytradetoken.io), to receive notifications and updates about our crowd sale and project milestones. An email will be sent the 48 hours (2 days) before the first day of the sale as a reminder. Our pre-TGE will start on 1st August (Pre-TGE) ending midnight 31st August Midnight (GMT) Remember the number of tokens for the pre-TGE is limited, once the hard cap is reached we will not be able to offer the tokens for the same price with the same level of bonus. At the start date we will provide the address of the pre-TGE contract on our website. Please make sure you send Ethereum token using your ERC20 wallets. Do not send any tokens directly from your exchange.\n\n► Token Name: \t        MYTC \n► Block chain: \t\tEthereum ERC20 token \n► Start Date: \t\t        1st August 2018 12:00 (GTM) \n► Duration: \t\t         31 days \n► Pre TGE Soft Cap: \t 1,500 ETH \n► Pre TGE Hard Cap: \t 5,000 ETH \n► Price: 1 ETH = \t         10,000 MYTC \n► Payment Method: \t ETH \n► Min Purchase: \t         0.1 ETH \n► Total Token Supply:  50,000,000 MYTC\n\nToken Generation Event (TGE) \nThe crowd sale will fund the initial development and adoption of the MYTC ecosystem and platform. TGE shall commence 1st September and will last 30 days or whenever the hard cap of 17,800 ЕТH is reached. The contract address will be announced at https://mytradetoken.io on the first day of the crowd sale.  \n\n► Start Date: 1st September 2018, 12:00 (GTM) \n► Duration: 30 days \n► TGE Soft Cap: 3,500 ETH \n► TGE Hard Cap: 17,800 ETH \n► Payment Method: ETH \n► Min Purchase: 0.1 ETH \n► Total Token Supply: 112,000,000 MYTC\nPrices\n ![MYTC 2ND PIX.PNG](https://cdn.steemitimages.com/DQmfRbxfhxPz9kXcJRyrAtvh8MKVzkH7rCeC2EuZSJPWZVT/MYTC%202ND%20PIX.PNG)\n\n**MYTC Token Allocation**\nThe total amount of MYTC token created will be 300,000,000 \n► 18% will go the MYTC Team and will be vested for 9 months \n► 3% will go the MYTC advisory committee as well as bounties and marketing \n► 25% will go in reserve and escrowed to be offered to merchants who would like to further expand their footprints and support the MYTC ecosystem. \n► 54% will be offered and made available to the public \n\nRemaining or unsold tokens will be rolled over in future releases to give an opportunity to future merchants to join our ecosystem. Our smart contract is set to never mint any additional tokens. This will ensure that token holders will never lose value when new tokens enter the market. Total amount of tokens is 300,000,000 MYTC. There will be a hard cap set to 17,800 ETH at TGE. If the hard cap is reached, the tokens become immediately transferrable. Remaining Tokens will be rolled out immediately for sale to merchants. This will ensure that merchants have the chance to enter and further support the MYTC ecosystem.\nUnsold tokens from PreTGE and TGE events, will be rolled over into our reserved tokens account. This account will allow merchants to trade MYTC tokens within our platform, making the onboarding process easier for businesses to commence trading with MYTC. While MYTC is gaining popularity, this also allows for continued project funding. MYTC will only issue reserved tokens when its gaining positive traction in the market place and there is a demand for MYTC as new merchants and trade/bartering partners sign on.\n \n\nMYTC ![MYTC 3RD PIX.PNG](https://cdn.steemitimages.com/DQmSkBWkBgatPXq3KdzS4J5d3Vi9qkKVrVrjeAetz94DZCE/MYTC%203RD%20PIX.PNG)Market Capitalization \nMYTC will never issue or mint any more tokens after the crowd sale. Once 300,000,000 tokens have been issued, minting will be ended. This is to protect MYTC token holders from loss of value through inflation. MYTC Token total market cap shall be driven by the demand of society multiplied by the maximum number of tokens produced (300,000,000 Tokens). \n\nAdoption \nBesides MYTC technological advantages, we need a clear go-to-market strategy in order to be able to efficiently establish MYTC as a big player in the market. Our strategy is based on the divide-and-conquer principles, where we’re starting with very specific geographic markets and niches, and taking them one by one until we reach significant volume to get to the next stage. We shall commence with partnerships with different trade/bartering exchanges within Australia and then progress in other regions where those exchanges have partnerships. The benefits that members of these trade exchanges shall inherit from using MYTC Token is that they will have access to a much larger aggregated trading platform (locally and internationally), the members will have the ability to access more spending opportunities with their trade dollars. The members will also enjoy more opportunities to market their products and services to a larger and broader market audience who now has access and wants to spend their MYTC Token with these merchants. There is an estimated 450,000 Small Medium Enterprises (SME) currently bartering in the USA, over 15,000 SME currently bartering in Australia. There are over 150,000 SME bartering in China, and 50,000 SME in South East Asia coupled with central Asia has approximately 100,000 SME bartering/trading. UK and Europe have close to 200,000 SME actively bartering. We are yet to receive statics about India and South Africa and other continents of the world but believe that there are over one million business actively bartering/trading every day of every year generating over $10 Billion per year. \nStage 1: complete core platform and build partnerships with trade/bartering exchanges within Australia focusing on SME (Small Medium Enterprises) \n\nStage 2: Consolidate our growth in Australia, and expand into other regions that our bartering/trade partners are located in. Areas (south east Asia, UK, USA, China)\n \nStage 3: consolidate our growth within all regions that our partners are located in and expand into other regions that has not being exposed to trade/bartering. (India, South America, Europe) \n\nStage 4: Build on and open platform to all size of businesses from small to large. \n\nStage 5: Build on and open platform to everyone in the global community, encourage other platforms to work with us. \n\nExtended use cases Due to MYTC versatile and modular architecture, it’s possible to adapt it into many other industries and marketplaces where small transactions are completed daily.\n\n**Road Map**\n► November 2017 – Team Building \n► December 2017 - Idea Development \n► January 2018 - Technical Specification - Strategic partnerships and alliances formed \n► February 2018 – Design draft - White Paper creation. - Business company formation. \n► March 2018 - Marketing and Token initialization - Website deployment. - Creation of smart contracts. - Creation of ERC20 token. \n► April 2018 - Creation of business registry prototype. - Creation of consumer registry prototype. \n► May 2018 - White paper release. - Marketing campaign begins. \n► June 2018 - Smart Contract development - AUSTRAC registration \n► July 2018 - Smart Contract deployment - White paper final version release. - Bounty campaign begins. \n► August 2018 - PreTGE begins. \n► September 2018 - Commencement of Token Generation Event. - Development and release of MVP. - Commencement of MYTC Core development. Global decentralized bartering system www.mytradetoken.io 24 \n► October 2018 - Completion of TGE. - Beta version platform development; testing exchange APIs. - Begin cryptocurrency exchange registration. - Tokens release for bounties. - Prototype development, with integration to our first external bartering platform \n► November 2018 – MYTC Core deployment. - Begin platform development version 1. - Team expansion. \n► 2018 (4th Quarter) - Extensive Marketing of MYTC and MYTC Token - Independent Security Test of platform. - Commencement of mobile apps (IOS and Android) development version 1. - Independent Security Test of mobile applications (iOS and android). - Sign partnership agreement with Australian exchanges \n► 2019 (1st Quarter) - Release of app (iOS and android) version 1.0 - Release first version of MYTC platform. \n► 2019 (2nd Quarter) – Update and enhance mobile apps (iOS and android) - Platform Release Version 2.0 - Consolidate partnerships with Different Australian barter/trade exchanges \n► 2019 (3rd Quarter) – Expand office into Thailand - Expand offices into Vietnam \n► 2019 (4th Quarter) – Expand offices into Singapore - Expand offices into Malaysia \n► 2020 – Expand offices into USA \n► 2021 – Expand offices into UK \n► 2022 – Expand office into China \n► 2023 – Expand offices into Europe\n\nConclusion\nIf a MYTC Token holder moves to another country, it is not necessary for them to close their account and exit the system. The MYTC Ecosystem will be a global Platform that allows users to migrate between applications and instantly transact with their MYTC tokens. The transparent governance framework at the Ecosystems center will be inclusive by design, enabling an easy interface by Application Hosts. This will drive early adoption and allows seamless interfacing with bartering/trading markets around the world, bringing innovation and a wide range of network benefits to Consumers. We believe that blockchain technology will be of next frontier of the internet and the future of a cashless society allowing for the exchanges of everyday goods and services. With our token generation event, we will be able to assist businesses/enterprises who support their immediate community who ultimately support the economy. We have a belief of using innovative technology to help small medium enterprises think and act globally whilst serving the community.\n\nFOR MORE INFORMATION ON THIS PROJECT VISIT THE BELOW LINKS:\nWEBSITE: https://www.mytradetoken.io/\nWHITEPAPER: https://www.mytradetoken.io/assets/MYTC_White_Paper.pdf\nFACEBOOK: https://www.facebook.com/MyTradeToken/\nTWITTER: https://twitter.com/mytradetoken\nTELEGRAM: https://t.me/MYTCProject\nBITCOIN TALK PROFILE: https://bitcointalk.org/index.php?action=profile;u=2205745",
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2018/07/25 02:44:15
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2018/07/25 02:02:03
authormiguelcryto
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2018/07/25 01:53:03
authormiguelcryto
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2018/07/25 01:15:12
authormiguelcryto
body![diro.PNG](https://cdn.steemitimages.com/DQmdR5kcnAnmwncZZsGr913ppq1ZN4Lr88ibFpJ9Am5rxue/diro.PNG) Diro is a Decentralized Identity & Access Management (dIAM) platform. Today’s digital world lacks a credible identity system that is universally consumable and can be trusted by counter parties across industries. Further, all crowd sourcing based solutions lack credibility and verification that is needed to address regulatory requirements. Getting, all the industries, governments and consumers across hundreds of jurisdictions to agree on a framework is a challenge. A great deal has already been written on challenges in creating universal identity (Vinay Gupta, 2017). The problem has been part technical and part political. - Owning identity itself is hard for individuals - Verifying real identities requires mass consensus and adoption - Centralized systems are unreliable in long term due security and political risks - Identities need to constantly remain validated and updated - Limitations of mass adoption by different stakeholders As diro rapidly adopt digital technologies with smartphone penetration slated to reach 4 billion by 2022 and new technologies like IOT, blockchain, AR/VR and digital currencies getting ready for mainstream adoption, the need for cyber-security has never been greater. The identity theft losses are reaching $16b1 annually in USA alone. The cost of KYC & AML is $15bn in the financial industry only. The latest forecast from Gartner Inc. says worldwide information security (a subset of the broader cyber security market) spending will grow 7 percent to reach $86.4 billion (USD) in 2017 and will climb to $93 billion in 2018. Global spending on cyber security will exceed $1 trillion cumulatively over the next five years, according to Cyber security Ventures.2 [Cyber crime attacks are expected to cost us $6 trillion a year by 2021. In a single year, cyber terrorism could cost us three times more than the entire U.S. housing and real estate industry is currently worth. NB: Government and Industry are desperately looking for a solution. “More than 100 developing countries lack functional civil registration and vital statist cs. Some countries like Malawi and Ethiopia have registration rates in the single digits. Experts estimate that there are 1.5 billion people without a legal identity. That’s the equivalent of all of China going untracked. Governments are now holding businesses and banks responsible for AML and KYC. Europe has recently witnessed a complete overhaul of data privacy under GDPR that is going live in May 2018 putting steep penalties on breaches. All countries are likely to follow suite. Owning Identity is hard An average consumer is not technologically inclined. Besides having technological and cryptographic challenges, owning identity without proper safety and recovery is dangerous. Permanent loss of control or hacking can lead to severe consequences. Owning an identity today is a technological challenge for an individual as it requires:[Comment: Are the below supposed to be desired features?] • Associating public keys with Identity — a public ledger is needed for identity lookups and making sure each identity is uniquely represented by a person. The ledger would typically contain the public key and would be located on a public blockchain. • Modify and control identity attributes — a privately owned profile or profiles containing a list of attributes and values that can be added, modified or revoked. • Regaining lost control of Identity — owners need to have unrestricted access and right to regain control or reset keys in case of a compromise without the need for centralized authority. • Selective sharing of attributes — a way to share signed copies of identity attributes with third parties. The third parties should be notified when such attributes become invalid or expire. • Collect third party claims and authorizations — a method to collect & further share third party certificates containing claims or authorizations. Verifying identity requires mass consensus Digital identities have had two broad concerns. Synthetic Identities — wherein the actual person does not exist and the identity is digitally constructed. Identity theft — where the attacker is masquerading as someone else. The digital identity is hijacked. This person may or may not be known to the real owner. In these cases, you need mass consensus or organizations to validate if the real person actually exists. These both can not be solved by biometrics. It’s often misunderstood as a means to protect against Identity theft. Unlike a password, once a biometric is compromised, it is permanent.4 The problem with biometrics on the internet is if you transmit the biometric id or its hash to third parties then the chances of permanent compromise remain extremely high. Cyber-security can no longer be a walled garden • Tens of specialized cloud services being consumed as technology stacks • Multi devices including smartphones are now a norm • Remote working and work from home is more common • Bring your own device • Authorization information embedded along with digital assets • Cloud collaboration is replacing Virtual networks Many companies with 250 or fewer employees have learned the hard way that if they wait until after being hacked to deal with it — it may be too late. Nearly half of all cyber attacks are committed against small businesses, and the percentage is expected to rise next year. Designing — Decentralized IAM infrastructure The world is rapidly shifting to cloud services and the demand for single-sign-on is rising. SMEs are consuming multiple cloud services across departments and the need for a shared directory of employees and maintaining frictionless secure access is felt even more. In this new paradigm, the authorization information now sits in respective cloud service providers while employees use multiple devices and roam freely. The complexity of network admission control and authorization information needs to be simplified mobile first employee directories that match the working styles of today. A very useful and broad architectural layering requirements were recently proposed as Semantic Identification Layers (Reed, Architectural Layering for Decentralized Identification, 2017). ![aaaa.PNG](https://cdn.steemitimages.com/DQmbKz4QnDyELBwNahiB8MpirDs2WScgwogPG8sHxxLoW9A/aaaa.PNG) To create a dIAM — MSISDNs offer a good universal baseline to begin processing data of live identities. It can be combined with other factors like names and connections to determine unique identities. Further, existing contact lists offer a raw dump of contact information to start building graphs universally. Global Contact Directories (Diro platform under-the-hood) A multi-directory platform wherein users can tag their existing contacts on smartphones into one or more directories shared in closed user groups. When a user tags an existing contact into a directory then it also tags on other phones having the same directory and also containing matching contacts automatically. Aggregate unverified identity data (contacts) The system allows every user to upload all their existing contacts to the platform as private directories. Many caller id apps aggregate data of users to create public databases. An average user has about 650 contacts and therefore it should be possible to get all contact data mapped within about 1% signups of the total population. Identity attributes discovery & auto-correct It is not necessary to make the aggregated database public and can be given to the respective owners of the MSDINs. It anonymously discovers all information matching the MSISDNs in the global database of contacts. It discovers all information related to an identity containing complete crowd data including all obsolete information to the newest data available. It helps the individual take control of the information and ability to mark all information as discarded or with most appropriate labels. (IN Patent No. PCT/IB2017/051056, 2016) Auto-correction — then propagates the correct labels and restricts/hides the zombie data lying in all other directories and phones of other users without sharing any additional info. This is done without actually deleting any data in other directories by simply applying appropriate labels. Creating shared directories The directories that can be create are basically of two types. Connected Directories (groups) — wherein the directory is shared or made accessible to all its listed members automatically whenever they sign up. Unconnected Directories (contact lists) — wherein the directory is a private contact list only shared with specific contacts that may or may not be listed in the directory itself. ![fffg.PNG](https://cdn.steemitimages.com/DQmf4sAnoJvNXEyLhhLK6Gpk1F8QNz78vr7vRBtMgNSmwv9/fffg.PNG) Crowd-linked contact layers The platform virtually combines contacts based on context on different user nodes to generate virtual contact profiles across directories. A user may have multiple contacts of a person in different directories containing with different pieces of information shared. The platform virtually combines these matching contacts for a single view to the user. The linking algorithm further calculates priority and state of different labels attached to each piece of the information while respecting privacy of the contact ![ddd.PNG](https://cdn.steemitimages.com/DQmZgJYcNPFbKCmAJNoC55coCRqVAdUHKR7Ucs19uY6bDNR/ddd.PNG) Using distributed database to decentralize contact directorie For decentralizing the directories, it is important to use record chaining using hashes to manage conflicts across devices while decentralizing the control. Further lazy consensus may be used to support offline transactions. Directory Ledger — Contains changes to members roles, permissions for block distribution with other identities. Contact Ledger — Changes to Identity related attributes, certificates, claims, authorizations, change log etc. Identity Ledger — Change log of MSISDN, devices, keys, claims, certificates, invalid claims, privacy stings, profile etc. ![cdd.PNG](https://cdn.steemitimages.com/DQmXyrySPDu9oBchwN4MzfbRfHhT8jdq4qt9R7P7QjgwPtX/cdd.PNG) Decentralized LDAP and Multi Factor Authentication (MFA) Enabling contact directories as dLDAP: Lightweight Directory Access Protocol (LDAP) version 3 is now the most widely used and accepted open standard under RFC 4510. It is adopted by over 90% fortune 500 companies (using AD). Most IAM vendors support the protocol and open source having multiple projects having production grade servers in use. The primary benefit of LDAP is the provide user directories with common authentication for organizations across different applications. Offering LDAP on contact directories reduces redundancies and eliminates provisioning workflows, admin and group management. Further LDAP servers being critical for access to all company applications pose a central point of failure. Building redundancy and backups itself is a chore that small companies avoid at the cost of data security. Using Mobiles for password less MFA experience A study by research firm Gartner shows that 95 percent of Web app attacks make use of stolen passwords. The LDAP system may further redirect the authentication to mobile with simple confirmation. The mobile notification may be configured to further require signing with private key and manual user acceptance to validate a login request on cloud services. OpenID Connect for exchanging identity information SSO is important but needs to bridge across SSOs. OpenID Connect (OIDC) (OpenID Foundation, 2017) is a simple identity layer built on top of the OAuth 2.0 protocol, which allows clients to verify the identity of an end user based on the authentication performed by an authorization server or identity provider (IdP), as well as to obtain basic profile information about the end user in an interoperable and REST-like manner. This could easily be added on top of dLDAP. OpenID Connect is increasingly the common authentication protocol. When an app prompts you to authenticate using your Facebook or Google+ credentials, the app is probably using OpenID Connect. It is easier to integrate than SAML, and it can work with a wider variety of apps. LDAP and MFA are protocols that can be implemented on top of contact directories using mobile devices as mobile authenticators. The contact directories can act as Virtual Directories and user store for other LDAP based authentication and authorization. Using cryptography and blockchain to decentralize Identity Federated Identity and entitlement is a key part of distributed architecture. As the world is gradually moving towards ambient computing, the physical world will seamlessly merge with the digital world to create next-gen UX based on augmented reality, virtual reality & IoT devices. Trustless identities are needed for security & context for enabling this next gen digital engagement & smart contracts (Active Contacts- dApps). Further, universally reliable identities provide accountability in the digital world while making regulatory oversight possible. By having accountability across the ecosystem through reliable identities, Diro solves multiple issues like theft, corruption, tax evasion or fraud. By definition a digital identity is “a globally unique identity ; non-synthetic ; singularly representing a living person; having irrevocable ownership ; and control over one such identifier.” a) a globally unique identity; - Must not change and associated with a public set of keys. b) non-synthetic; - Should be globally unique based on social graphs and human confirmation. - Impossible to create without daily human interactions. c) singularly representing a living person; - The identity must be used regularly. - Must not be ghost used and have live human confirmation. d) having irrevocable ownership; - Impossible to loose ownership or access. - Possible to regain control of identity in all circumstances. e) and control over one such identifier. - recycle /revoke public keys or devices. - Needs to be almost unhackable and even then recoverable **Digital Identity has three aspects:** **Proof of global unique identity**8 Consensus driven latent identities Social contacts grid based on consensus Non-duplicate and global **Proof of aliveness** Continuous chain of social interaction Human confirmation (through deep interaction like audio / video) **Fault tolerance** Manage identity theft/attack using consensus of social interaction Key management and recovery Managing decentralized consensus between nodes Further decentralizing the identities has four key challenges **Managing and securing the Keys** 1. Changing the Public Key in case of compromise 2. Safely recovering the Private key when lost Validating and authenticating the identity 3.Validating if the identity is not synthetic 4.Validating if the digital identity is being used by the right person **Public blockchain** Contains immutable decentralized Identity data replicated across n nodes with public keys. A DID is maintained for every Identity created based on the MSISDN. (W3C community group, 2017) **Private blockchain** Contains encrypted backup of all digitally signed blocks generated on mobile devices having distribution permissions. It’s the sync layer between multiple Identity linked devices for distribution of blocks or JSONs that may contain smart contracts. **Transaction layer** The nodes may also be identity hubs containing Identity data. Each node can generate blocks that are then independently verified by other nodes based on the distribution of the block. The multiple verifying nodes may together revoke the public key of the originating device if a block is found to be malicious or a device is found to be compromised. The master key is directly sharded and encrypted at the local device with PGP key of other trusted devices. Can use Shamir’s secret sharing (SSS) or threshold signatures to generate and later combine the shards of master key **Validating authentic digital identity owner with proof-of-life** Smartphones offer a unique opportunity in validating identities using live social interactions. These live human voice and video interaction give us a passive way to eliminate synthetic identities and defend against Sybil attacks. An identity trust score can be easily built for privilege access using such human validations that are more secure than any biometric systems. When users have a live conversation with other members in their social groups and across different groups it generates proof-of-real person owning the device and thus acts as a real bridge between physical and digital identities. Authentication levels 1. User identified with one-time password 2. User authenticated with social fingerprint using directories 3. User previously confirmed by having live conversations 4. User transaction confirmed by subsequent live conversations Any private and public key changes or retrievals could be limited to Level 4 authentication. These authentications would ideally be done on a smartphone dialer app that supports live conversations with other devices to obtain a mesh of such confirmations from them. The confirmations could be explicit or implicit. The implicit confirmations may be based on length of the conversation using voice or video. The user, on sign up, may select a list of individuals to validate his/her own identity based on interactions. On specific interactions, the trusted members would then digitally sign the device as authentic for a short period. The user may then declare authorization level before signing transactions based on collected signatures and share with trusted devices. In case of incorrect declaration, the trusted devices could revoke the signing key of the user. **Conclusion** Contact directories offer a rapid method to validate digital identities using SPKI to do social KYC. It further offers a possibility of strong identity authentication through live interactions with human confirmations over voice and video calls. Voice and video conversations offer a continuous stream of strong authentication to digital identities. Further, a decentralized identity platform requires a safe public & private key management and recovery process to make owning identities possible. The DPKI and uPort based architectures also require social proof for key management and recovery. Therefore, social KYC is a critical factor for authentication across different aspects of creating a decentralized identity structure including key management, identifying non synthetic identities and generating proof-of-life authentication from other devices. ![fffddd.PNG](https://cdn.steemitimages.com/DQmTcBaaQuH1GcNjhHfMLVYEeQbhjFVp39tqVPRXQZrFjXj/fffddd.PNG) Contact directories based on MSDINs open up a new realm of decentralized identity and access management infrastructure across multiple domains like web, apps, blockchain, AR/VR & all other industries as user directories for context and security (LDAP). Crowd sourced contact data containing MSDINs offer a rapid source of building a universal decentralized identity system that is a holy grail for delivering public benefits. ![rre.PNG](https://cdn.steemitimages.com/DQmYN4QWJsJkNejKcZp4kg4eVGoq2vmfdqebsenPPxAuzQ7/rre.PNG) Scaling trust with block chain Identity and security for establishing trust are critical building blocks on blockchain. Contact directories or social graphs are a central component in decentralizing the identity and access management. Without using social confirmation building a reliable decentralized identity and security architecture is not possible. for more information on this project, check out the link below Website: http://www.diro.io/ Witepaper: https://docs.wixstatic.com/ugd/fae167_26798553a540495d9c8189932e9c088f.pdf Ann Thread: https://bitcointalk.org/index.php?topic=3266144.msg34032664#msg34032664 facebook: https://www.facebook.com/DiroBlockchain Twitter: https://twitter.com/DiroLabs Reddit: http://www.reddit.com/r/dirolabs Telegram: https://t.me/DiroToken BitcoinTalk profile: https://bitcointalk.org/index.php?action=profile;u=2205745
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parent author
parent permlinkdiro
permlinkdiro-decentralized-identity-and-access-platform
titleDiro(Decentralized identity & access platform)
Transaction InfoBlock #24471532/Trx 123aba899211fe301bdaedc993ded292ef2e6f86
View Raw JSON Data
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      "author": "miguelcryto",
      "body": "![diro.PNG](https://cdn.steemitimages.com/DQmdR5kcnAnmwncZZsGr913ppq1ZN4Lr88ibFpJ9Am5rxue/diro.PNG)\nDiro is a Decentralized Identity & Access Management (dIAM) platform. Today’s digital world lacks a credible identity system that is universally consumable and can be trusted by counter parties across industries. Further, all crowd sourcing based solutions lack credibility and verification that is needed to address regulatory requirements. Getting, all the industries, governments and consumers across hundreds of jurisdictions to agree on a framework is a challenge. A great deal has already been written on challenges in creating universal identity (Vinay Gupta, 2017). The problem has been part technical and part political.\n\n- Owning identity itself is hard for individuals\n\n- Verifying real identities requires mass consensus and adoption\n\n- Centralized systems are unreliable in long term due security and political risks\n\n- Identities need to constantly remain validated and updated\n\n- Limitations of mass adoption by different stakeholders\n\nAs diro rapidly adopt digital technologies with smartphone penetration slated to reach 4 billion by 2022 and new technologies like IOT, blockchain, AR/VR and digital currencies getting ready for mainstream adoption, the need for cyber-security has never been greater.\n\nThe identity theft losses are reaching $16b1 annually in USA alone. The cost of KYC & AML is $15bn in the financial industry only. The latest forecast from Gartner Inc. says worldwide information security (a subset of the broader cyber security market) spending will grow 7 percent to reach $86.4 billion (USD) in 2017 and will climb to $93 billion in 2018. Global spending on cyber security will exceed $1 trillion cumulatively over the next five years, according to Cyber security Ventures.2 [Cyber crime attacks are expected to cost us $6 trillion a year by 2021. In a single year, cyber terrorism could cost us three times more than the entire U.S. housing and real estate industry is currently worth.\n\nNB: Government and Industry are desperately looking for a solution.\n\n“More than 100 developing countries lack functional civil registration and vital statist cs. Some countries like Malawi and Ethiopia have registration rates in the single digits. Experts estimate that there are 1.5 billion people without a legal identity. That’s the equivalent of all of China going untracked.\n\nGovernments are now holding businesses and banks responsible for AML and KYC. Europe has recently witnessed a complete overhaul of data privacy under GDPR that is going live in May 2018 putting steep penalties on breaches. All countries are likely to follow suite.\n\nOwning Identity is hard\n\nAn average consumer is not technologically inclined. Besides having technological and cryptographic challenges, owning identity without proper safety and recovery is dangerous. Permanent loss of control or hacking can lead to severe consequences. Owning an identity today is a technological challenge for an individual as it requires:[Comment: Are the below supposed to be desired features?]\n\n• Associating public keys with Identity — a public ledger is needed for identity lookups and making sure each identity is uniquely represented by a person. The ledger would typically contain the public key and would be located on a public blockchain.\n\n• Modify and control identity attributes — a privately owned profile or profiles containing a list of attributes and values that can be added, modified or revoked.\n\n• Regaining lost control of Identity — owners need to have unrestricted access and right to regain control or reset keys in case of a compromise without the need for centralized authority.\n\n• Selective sharing of attributes — a way to share signed copies of identity attributes with third parties. The third parties should be notified when such attributes become invalid or expire.\n\n• Collect third party claims and authorizations — a method to collect & further share third party certificates containing claims or authorizations.\n\nVerifying identity requires mass consensus\n\nDigital identities have had two broad concerns.\n\nSynthetic Identities — wherein the actual person does not exist and the identity is digitally constructed.\n\nIdentity theft — where the attacker is masquerading as someone else. The digital identity is hijacked. This person may or may not be known to the real owner. In these cases, you need mass consensus or organizations to validate if the real person actually exists. These both can not be solved by biometrics. It’s often misunderstood as a means to protect against Identity theft. Unlike a password, once a biometric is compromised, it is permanent.4 The problem with biometrics on the internet is if you transmit the biometric id or its hash to third parties then the chances of permanent compromise remain extremely high.\n\nCyber-security can no longer be a walled garden\n\n• Tens of specialized cloud services being consumed as technology stacks\n\n• Multi devices including smartphones are now a norm\n\n• Remote working and work from home is more common\n\n• Bring your own device\n\n• Authorization information embedded along with digital assets\n\n• Cloud collaboration is replacing Virtual networks\n\nMany companies with 250 or fewer employees have learned the hard way that if they wait until after being hacked to deal with it — it may be too late. Nearly half of all cyber attacks are committed against small businesses, and the percentage is expected to rise next year.\n\nDesigning — Decentralized IAM infrastructure\nThe world is rapidly shifting to cloud services and the demand for single-sign-on is rising. SMEs are consuming multiple cloud services across departments and the need for a shared directory of employees and maintaining frictionless secure access is felt even more. In this new paradigm, the authorization information now sits in respective cloud service providers while employees use multiple devices and roam freely. The complexity of network admission control and authorization information needs to be simplified mobile first employee directories that match the working styles of today. A very useful and broad architectural layering requirements were recently proposed as Semantic Identification Layers (Reed, Architectural Layering for Decentralized Identification, 2017).\n\n![aaaa.PNG](https://cdn.steemitimages.com/DQmbKz4QnDyELBwNahiB8MpirDs2WScgwogPG8sHxxLoW9A/aaaa.PNG)\nTo create a dIAM — MSISDNs offer a good universal baseline to begin processing data of live identities. It can be combined with other factors like names and connections to determine unique identities. Further, existing contact lists offer a raw dump of contact information to start building graphs universally.\n\nGlobal Contact Directories\n\n(Diro platform under-the-hood)\n\nA multi-directory platform wherein users can tag their existing contacts on smartphones into one or more directories shared in closed user groups. When a user tags an existing contact into a directory then it also tags on other phones having the same directory and also containing matching contacts automatically.\n\nAggregate unverified identity data (contacts)\n\nThe system allows every user to upload all their existing contacts to the platform as private directories. Many caller id apps aggregate data of users to create public databases. An average user has about 650 contacts and therefore it should be possible to get all contact data mapped within about 1% signups of the total population.\n\nIdentity attributes discovery & auto-correct\n\nIt is not necessary to make the aggregated database public and can be given to the respective owners of the MSDINs. It anonymously discovers all information matching the MSISDNs in the global database of contacts. It discovers all information related to an identity containing complete crowd data including all obsolete information to the newest data available. It helps the individual take control of the information and ability to mark all information as discarded or with most appropriate labels. (IN Patent No.\n\nPCT/IB2017/051056, 2016)\n\nAuto-correction — then propagates the correct labels and restricts/hides the zombie data lying in all other directories and phones of other users without sharing any additional info. This is done without actually deleting any data in other directories by simply applying appropriate labels.\n\nCreating shared directories\n\nThe directories that can be create are basically of two types. Connected Directories (groups) — wherein the directory is shared or made accessible to all its listed members automatically whenever they sign up. Unconnected Directories (contact lists) — wherein the directory is a private contact list only shared with specific contacts that may or may not be listed in the directory itself.\n![fffg.PNG](https://cdn.steemitimages.com/DQmf4sAnoJvNXEyLhhLK6Gpk1F8QNz78vr7vRBtMgNSmwv9/fffg.PNG)\n\nCrowd-linked contact layers\n\nThe platform virtually combines contacts based on context on different user nodes to generate virtual contact profiles across directories. A user may have multiple contacts of a person in different directories containing with different pieces of information shared. The platform virtually combines these matching contacts for a single view to the user. The linking algorithm further calculates priority and state of different labels attached to each piece of the information while respecting privacy of the contact\n![ddd.PNG](https://cdn.steemitimages.com/DQmZgJYcNPFbKCmAJNoC55coCRqVAdUHKR7Ucs19uY6bDNR/ddd.PNG)\n\nUsing distributed database to decentralize contact directorie\nFor decentralizing the directories, it is important to use record chaining using hashes to manage conflicts across devices while decentralizing the control. Further lazy consensus may be used to support offline transactions.\n\nDirectory Ledger — Contains changes to members roles, permissions for block distribution with other identities.\n\nContact Ledger — Changes to Identity related attributes, certificates, claims, authorizations, change log etc.\n\nIdentity Ledger — Change log of MSISDN, devices, keys, claims, certificates, invalid claims, privacy stings, profile etc.\n![cdd.PNG](https://cdn.steemitimages.com/DQmXyrySPDu9oBchwN4MzfbRfHhT8jdq4qt9R7P7QjgwPtX/cdd.PNG)\n\nDecentralized LDAP and Multi Factor Authentication (MFA)\n\nEnabling contact directories as dLDAP:\n\nLightweight Directory Access Protocol (LDAP) version 3 is now the most widely used and accepted open standard under RFC 4510. It is adopted by over 90% fortune 500 companies (using AD). Most IAM vendors support the protocol and open source having multiple projects having production grade servers in use. The primary benefit of LDAP is the provide user directories with common authentication for organizations across different applications. Offering LDAP on contact directories reduces redundancies and eliminates provisioning workflows, admin and group management. Further LDAP servers being critical for access to all company applications pose a central point of failure. Building redundancy and backups itself is a chore that small companies avoid at the cost of data security.\n\nUsing Mobiles for password less MFA experience\n\nA study by research firm Gartner shows that 95 percent of Web app attacks make use of stolen passwords. The LDAP system may further redirect the authentication to mobile with simple confirmation. The mobile notification may be configured to further require signing with private key and manual user acceptance to validate a login request on cloud services. OpenID Connect for exchanging identity information SSO is important but needs to bridge across SSOs. OpenID Connect (OIDC) (OpenID Foundation, 2017) is a simple identity layer built on top of the OAuth 2.0 protocol, which allows clients to verify the identity of an end user based on the authentication performed by an authorization server or identity provider (IdP), as well as to obtain basic profile information about the end user in an interoperable and REST-like manner. This could easily be added on top of dLDAP. OpenID Connect is increasingly the common authentication protocol. When an app prompts you to authenticate using your Facebook or Google+ credentials, the app is probably using OpenID Connect. It is easier to integrate than SAML, and it can work with a wider variety of apps. LDAP and MFA are protocols that can be implemented on top of contact directories using mobile devices as mobile authenticators. The contact directories can act as Virtual Directories and user store for other LDAP based authentication and authorization.\n\nUsing cryptography and blockchain to decentralize Identity\nFederated Identity and entitlement is a key part of distributed architecture. As the world is gradually moving towards ambient computing, the physical world will seamlessly merge with the digital world to create next-gen UX based on augmented reality, virtual reality & IoT devices. Trustless identities are needed for security & context for enabling this next gen digital engagement & smart contracts (Active Contacts- dApps). Further, universally reliable identities provide accountability in the digital world while making regulatory oversight possible. By having accountability across the ecosystem through reliable identities, Diro solves multiple issues like theft, corruption, tax evasion or fraud.\n\nBy definition a digital identity is\n\n“a globally unique identity ; non-synthetic ; singularly representing a living person; having irrevocable ownership ; and control over one such identifier.”\n\na) a globally unique identity;\n\n- Must not change and associated with a public set of keys.\n\nb) non-synthetic;\n\n- Should be globally unique based on social graphs and human confirmation.\n\n- Impossible to create without daily human interactions.\n\nc) singularly representing a living person;\n\n- The identity must be used regularly.\n\n- Must not be ghost used and have live human confirmation.\n\nd) having irrevocable ownership;\n\n- Impossible to loose ownership or access.\n\n- Possible to regain control of identity in all circumstances.\n\ne) and control over one such identifier.\n\n- recycle /revoke public keys or devices.\n\n- Needs to be almost unhackable and even then recoverable\n\n**Digital Identity has three aspects:**\n\n**Proof of global unique identity**8\n\nConsensus driven latent identities\n\nSocial contacts grid based on consensus\n\nNon-duplicate and global\n\n**Proof of aliveness**\n\nContinuous chain of social interaction\n\nHuman confirmation (through deep interaction like audio / video)\n\n**Fault tolerance**\n\nManage identity theft/attack using consensus of social interaction\n\nKey management and recovery\n\nManaging decentralized consensus between nodes\n\nFurther decentralizing the identities has four key challenges\n\n**Managing and securing the Keys**\n\n1. Changing the Public Key in case of compromise\n\n2. Safely recovering the Private key when lost\n\nValidating and authenticating the identity\n\n3.Validating if the identity is not synthetic\n\n4.Validating if the digital identity is being used by the right person\n\n**Public blockchain**\n\nContains immutable decentralized Identity data replicated across n nodes with public keys. A DID is maintained for every Identity created based on the MSISDN. (W3C community group, 2017)\n\n**Private blockchain**\n\nContains encrypted backup of all digitally signed blocks generated on mobile devices having distribution permissions. It’s the sync layer between multiple Identity linked devices for distribution of blocks or JSONs that may contain smart contracts.\n\n**Transaction layer**\n\nThe nodes may also be identity hubs containing Identity data. Each node can generate blocks that are then independently verified by other nodes based on the distribution of the block. The multiple verifying nodes may together revoke the public key of the originating device if a block is found to be malicious or a device is found to be compromised. The master key is directly sharded and encrypted at the local device with PGP key of other trusted devices. Can use Shamir’s secret sharing (SSS) or threshold signatures to generate and later combine the shards of master key\n\n**Validating authentic digital identity owner with proof-of-life**\n\nSmartphones offer a unique opportunity in validating identities using live social interactions. These live human voice and video interaction give us a passive way to eliminate synthetic identities and defend against Sybil attacks. An identity trust score can be easily built for privilege access using such human validations that are more secure than any biometric systems. When users have a live conversation with other members in their social groups and across different groups it generates proof-of-real person owning the device and thus acts as a real bridge between physical and digital identities.\n\nAuthentication levels\n\n1. User identified with one-time password\n\n2. User authenticated with social fingerprint using directories\n\n3. User previously confirmed by having live conversations\n\n4. User transaction confirmed by subsequent live conversations\n\nAny private and public key changes or retrievals could be limited to Level 4 authentication. These authentications would ideally be done on a smartphone dialer app that supports live conversations with other devices to obtain a mesh of such confirmations from them. The confirmations could be explicit or implicit. The implicit confirmations may be based on length of the conversation using voice or video. The user, on sign up, may select a list of individuals to validate his/her own identity based on interactions. On specific interactions, the trusted members would then digitally sign the device as authentic for a short period. The user may then declare authorization level before signing transactions based on collected signatures and share with trusted devices. In case of incorrect declaration, the trusted devices could revoke the signing key of the user.\n\n**Conclusion**\nContact directories offer a rapid method to validate digital identities using SPKI to do social KYC. It further offers a possibility of strong identity authentication through live interactions with human confirmations over voice and video calls. Voice and video conversations offer a continuous stream of strong authentication to digital identities. Further, a decentralized identity platform requires a safe public & private key management and recovery process to make owning identities possible. The DPKI and uPort based architectures also require social proof for key management and recovery.\n\nTherefore, social KYC is a critical factor for authentication across different aspects of creating a decentralized identity structure including key management, identifying non synthetic identities and generating proof-of-life authentication from other devices.\n\n![fffddd.PNG](https://cdn.steemitimages.com/DQmTcBaaQuH1GcNjhHfMLVYEeQbhjFVp39tqVPRXQZrFjXj/fffddd.PNG)\nContact directories based on MSDINs open up a new realm of decentralized identity and access management infrastructure across multiple domains like web, apps, blockchain, AR/VR & all other industries as user directories for context and security (LDAP). Crowd sourced contact data containing MSDINs offer a rapid source of building a universal decentralized identity system that is a holy grail for delivering public benefits.\n\n![rre.PNG](https://cdn.steemitimages.com/DQmYN4QWJsJkNejKcZp4kg4eVGoq2vmfdqebsenPPxAuzQ7/rre.PNG)\nScaling trust with block chain\n\nIdentity and security for establishing trust are critical building blocks on blockchain. Contact directories or social graphs are a central component in decentralizing the identity and access management. Without using social confirmation building a reliable decentralized identity and security architecture is not possible.\n\nfor more information on this project, check out the link below\n\nWebsite: http://www.diro.io/\n\nWitepaper: https://docs.wixstatic.com/ugd/fae167_26798553a540495d9c8189932e9c088f.pdf\n\nAnn Thread: https://bitcointalk.org/index.php?topic=3266144.msg34032664#msg34032664\n\nfacebook: https://www.facebook.com/DiroBlockchain\n\nTwitter: https://twitter.com/DiroLabs\n\nReddit: http://www.reddit.com/r/dirolabs\n\nTelegram: https://t.me/DiroToken\n\nBitcoinTalk profile: https://bitcointalk.org/index.php?action=profile;u=2205745",
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2018/07/24 01:01:00
authormiguelcryto
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2018/07/24 00:49:00
authormiguelcryto
permlinkonline-token-exciting-new-integration
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2018/07/24 00:48:57
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body**Coins mentioned in post:** Coin | | Price (USD) | 📉 24h | 📉 7d - | - | - | - | - **BTC** | Bitcoin | 7712.970$ | _3.58%_ | _14.99%_ **DASH** | Dash | 241.589$ | _-3.41%_ | _-2.38%_ **ETH** | Ethereum | 450.860$ | _-2.11%_ | _-5.63%_ **LTC** | Litecoin | 82.121$ | _-1.53%_ | _-2.27%_ **XP** | Experience Points | 0.000$ | _-9.18%_ | _-21.67%_
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2018/07/24 00:37:09
authormiguelcryto
body![nlii.PNG](https://cdn.steemitimages.com/DQmdDG2bAfbUqQzkP8DMUcaUjfzoPvzuoSeMtT4sUcu2Gk1/nlii.PNG) **What is Online.io platform?** Vision Our ultimate goal is to reinvent the World Wide Web experience by placing people’s privacy as our top priority, thus offering a more secure, non-trackable, without malware and ad free Internet. Mission Government agencies and big Internet companies that shall remain unnamed thrive on tracking your every move! Only together we can put a STOP to this! Nowadays websites are full of ads that try to sell you something they think you need by creating an unfriendly and irritating browsing experience our platform aims at making a groundbreaking change of the Internet, by revolutionizing the browsing experience and making it faster, non-traceable, without malware and ad free. Website operators gain a significant amount of revenues from ads, which can be changed by implementing our solution based on the highly scale-able, transparent and fully accountable Block chain technology, which will ensure they get fair remuneration based on the number of visitors, time spent on their pages and the interaction with the site, creating a more suitable environment for quality, as opposed to spam-my cash driven web pages. A new website rating system will be developed for the community and you as part of this community will decide on the quality of the websites you visit. This will lower the time and stress spent on click bait pages and you’ll have more time for valuable pages. Ecosystem overview ![ssssssss.PNG](https://cdn.steemitimages.com/DQmXqZA3LxYQHqJV3x3h7K2rGrSf9F9r6K2kvJjQKGSWC9V/ssssssss.PNG) **Features of Online.io** - Privacy: Blocking the trackable techniques used to monitor consumers and to create comprehensive and detailed behavioral profile. - Trust-worthy community: User can rate the websites irrespective if they adhered to Online.io platform, thus creating a community of trusted websites. - Security: Spammy ads or malicious software distributed by bad actors are eliminated, leading to increased website’s security. - Free Ad: Visit a website completely free, without seeing any intrusive ads or paying for any subscription. Purpose of the Token Generation Event Online.io is offering to the potential clients of its platform the right to pre-purchase its own OIO tokens through a Token Generation Event that is projected to start on June 15th, 2018. OIO tokens will be distributed in direct correspondence with the amounts paid by the potential clients during the Token Generation Event. The design and implementation of the Online.io Token Generation Event has been prepared in accordance with industry’s best practices. Hence, the potential contributors benefit from the enhanced levels of security and are also reassured that the distribution of tokens will be performed according to the smart contract conditions used by Online.io. The funds received during the pre-sale and the public Token Generation Event for the OIO tokens will remain unused until the distribution of OIO tokens to token holders. Token Generation Event characteristics. The public Token Generation Event planned to commence of June 15th, 2018, is characterized by the following: - Maximum number of tokens: 2,500,000,000 - OIO token price: 0.04 USD - Payment methods accepted: Ethereum, Bitcoin, Litecoin, Bitcoin Cash, Bitcoin Gold, Dash, Eth. Classic - Adjustable distribution: Unsold and unallocated tokens will be destroyed - Further token issuance: No, only a single token issue for the Token Generation Event. Token mechanics - June 15th – June 19th – 25% Bonus - June 20th – June 24th – 20% Bonus - June 25th – June 29t h – 15% Bonus - June 30th – July 4th – 10% Bonus - July 5th – July 9th – 5% Bonus - July 10th – July 31st – No Bonus ![cccc.PNG](https://cdn.steemitimages.com/DQmZT4fn6GFRm3BtpUPmb519HhdfTf37QY63b7T3DPfEDG7/cccc.PNG) Distribution of tokens https://cdn.steemitimages.com/DQmQQYyEnPoRDXzRxCMWx86hkXoiyGMxsvrbNQWYjr7eeXn/weeeee.PNG The percentage of 10% includes also the tokens rewarded as referral Online.io Context Overview A malicious software is an application that was created for a particular bad purpose. Most existing applications are created for normal purposes while some applications have hidden features which are not doing what is expected, but in fact their purpose is to find, steal or destroy files, track any data or just annoy the user. This started a long time ago: the first computer virus was called Elk Cloner and was first found on a Mac in 1982. Over 10 years ago a new kind of malware appeared and it was called Adware. It was distributed through security holes in Windows XP and Internet Explorer. Adware can also use security holes in Java and Flash player or even in JavaScript. But why do developers create adware? The main reason is monetization, of course. Any Adware capable of embedding paid advertisements brings its owners huge income. Starting from pop-up ads, embedded browser toolbars, search hijacking, etc. Smart Contracts & Workflows components Three Types of Coins  Online Ethereum token (OIO). OIO Tokens are the key element in the ecosystem. The web operators will be required to stake OIO Tokens in order to use our technology and mine ICE tokens. (through Proof-of-Stake and Proof-of-Online algorithms).  ICE Ethereum token (ICE). The purpose of the ICE coin is to be used for micropayments and daily use.  Trust token (TST). Exists only within the private Blockchain. It is used for stimulating users to rank websites and for ranking gamification. Use Cases and Roles Online.io solution is designed for the following types of users: - Visitor. The Internet end user who is browsing the web for his own needs. - Webmaster. The one who owns a website and wants to monetize on the time spent by his visitors on the web page by earning the ICE tokens. - Infrastructure Operator. The organization which maintains guardian, security rules and token issuing procedures. Road map https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FatjwPN0.png&t=591&c=9UAZJB1P23owrw TEAM https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FQ8lJIV2.png&t=591&c=iSridX_JE4caBg https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FJBD2SGJ.png&t=591&c=CvrcBQzvCdOXhA https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2Fvob3uwO.png&t=591&c=TdmwhL1ki7lyGQ For more information about this project visit : Website : https://online.io/ ANN Thread : https://bitcointalk.org/index.php?topic=3452258 Whitepaper : https://online.io/download/OIO-Whitepaper.pdf Telegram : https://t.me/OnlineIO Twitter : https://twitter.com/OnlineIO_ Facebook : https://www.facebook.com/Online.io/ Bitcointalk profile: https://bitcointalk.org/index.php?action=profile;u=2205745
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      "body": "![nlii.PNG](https://cdn.steemitimages.com/DQmdDG2bAfbUqQzkP8DMUcaUjfzoPvzuoSeMtT4sUcu2Gk1/nlii.PNG) \n**What is Online.io platform?**\nVision\nOur ultimate goal is to reinvent the World Wide Web experience by placing people’s privacy as our top priority, thus offering a more secure, non-trackable, without malware and ad free Internet.\n\nMission\nGovernment agencies and big Internet companies that shall remain unnamed thrive on tracking your every move! Only together we can put a STOP to this! Nowadays websites are full of ads that try to sell you something they think you need by creating an unfriendly and irritating browsing experience our platform aims at making a groundbreaking change of the Internet, by revolutionizing the browsing experience and making it faster, non-traceable, without malware and ad free. Website operators gain a significant amount of revenues from ads, which can be changed by implementing our solution based on the highly scale-able, transparent and fully accountable Block chain technology, which will ensure they get fair remuneration based on the number of visitors, time spent on their pages and the interaction with the site, creating a more suitable environment for quality, as opposed to spam-my cash driven web pages.\n\nA new website rating system will be developed for the community and you as part of this community will decide on the quality of the websites you visit. This will lower the time and stress spent on click bait pages and you’ll have more time for valuable pages.\n\nEcosystem overview\n![ssssssss.PNG](https://cdn.steemitimages.com/DQmXqZA3LxYQHqJV3x3h7K2rGrSf9F9r6K2kvJjQKGSWC9V/ssssssss.PNG)\n\n\n**Features of Online.io**\n- Privacy: Blocking the trackable techniques used to monitor consumers and to create comprehensive and detailed behavioral profile.\n\n- Trust-worthy community: User can rate the websites irrespective if they adhered to Online.io platform, thus creating a community of trusted websites.\n\n- Security: Spammy ads or malicious software distributed by bad actors are eliminated, leading to increased website’s security.\n\n- Free Ad: Visit a website completely free, without seeing any intrusive ads or  paying for any subscription.\n\nPurpose of the Token Generation Event\nOnline.io is offering to the potential clients of its platform the right to pre-purchase its own OIO tokens through a Token Generation Event that is projected to start on June 15th, 2018. OIO tokens will be distributed in direct correspondence with the amounts paid by the potential clients during the Token Generation Event.\n\nThe design and implementation of the Online.io Token Generation Event has been prepared in accordance with industry’s best practices. Hence, the potential contributors benefit from the enhanced levels of security and are also reassured that the distribution of tokens will be performed according to the smart contract conditions used by Online.io.\n\nThe funds received during the pre-sale and the public Token Generation Event for the OIO tokens will remain unused until the distribution of OIO tokens to token holders.\n\nToken Generation Event characteristics.\nThe public Token Generation Event planned to commence of June 15th, 2018, is characterized by the following:\n\n-  Maximum number of tokens: 2,500,000,000\n\n-  OIO token price: 0.04 USD\n\n-  Payment methods accepted: Ethereum, Bitcoin, Litecoin, Bitcoin Cash, Bitcoin Gold, Dash, Eth. Classic\n\n- Adjustable distribution: Unsold and unallocated tokens will be destroyed\n\n-  Further token issuance: No, only a single token issue for the Token Generation Event.\n\nToken mechanics\n- June 15th – June 19th – 25% Bonus\n\n- June 20th – June 24th – 20% Bonus\n\n- June 25th – June 29t h – 15% Bonus\n\n- June 30th – July 4th – 10% Bonus\n\n- July 5th – July 9th – 5% Bonus\n\n- July 10th – July 31st – No Bonus\n\n![cccc.PNG](https://cdn.steemitimages.com/DQmZT4fn6GFRm3BtpUPmb519HhdfTf37QY63b7T3DPfEDG7/cccc.PNG)\n\n\nDistribution of tokens \nhttps://cdn.steemitimages.com/DQmQQYyEnPoRDXzRxCMWx86hkXoiyGMxsvrbNQWYjr7eeXn/weeeee.PNG\n\n The percentage of 10% includes also the tokens rewarded as referral\n\nOnline.io Context Overview\nA malicious software is an application that was created for a particular bad purpose. Most existing applications are created for normal purposes while some applications have hidden features which are not doing what is expected, but in fact their purpose is to find, steal or destroy files, track any data or just annoy the user. This started a long time ago: the first computer virus was called Elk Cloner and was first found on a Mac in 1982. Over 10 years ago a new kind of malware appeared and it was called Adware. It was distributed through security holes in Windows XP and Internet Explorer. Adware can also use security holes in Java and Flash player or even in JavaScript. But why do developers create adware? The main reason is monetization, of course. Any Adware capable of embedding paid advertisements brings its owners huge income. Starting from pop-up ads, embedded browser toolbars, search hijacking, etc.\n\nSmart Contracts & Workflows components\nThree Types of Coins\n\n Online Ethereum token (OIO). OIO Tokens are the key element in the ecosystem. The web operators will be required to stake OIO Tokens in order to use our technology and mine ICE tokens. (through Proof-of-Stake and Proof-of-Online algorithms).\n\n ICE Ethereum token (ICE). The purpose of the ICE coin is to be used for micropayments and daily use.\n\n Trust token (TST). Exists only within the private Blockchain. It is used for stimulating users to rank websites and for ranking gamification.\n\nUse Cases and Roles\nOnline.io solution is designed for the following types of users:\n\n-  Visitor. The Internet end user who is browsing the web for his own needs.\n\n-  Webmaster. The one who owns a website and wants to monetize on the time spent by his visitors on the web page by earning the ICE tokens.\n\n-  Infrastructure Operator. The organization which maintains guardian, security rules and token issuing procedures. \n\nRoad map\n\nhttps://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FatjwPN0.png&t=591&c=9UAZJB1P23owrw\n\nTEAM\nhttps://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FQ8lJIV2.png&t=591&c=iSridX_JE4caBg\nhttps://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FJBD2SGJ.png&t=591&c=CvrcBQzvCdOXhA\nhttps://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2Fvob3uwO.png&t=591&c=TdmwhL1ki7lyGQ\n\n\n\n\n\n\n\n\n\n\n\nFor more information about this project visit :\n\nWebsite : https://online.io/\n\nANN Thread : https://bitcointalk.org/index.php?topic=3452258\n\nWhitepaper : https://online.io/download/OIO-Whitepaper.pdf\n\nTelegram : https://t.me/OnlineIO\n\nTwitter : https://twitter.com/OnlineIO_\n\nFacebook : https://www.facebook.com/Online.io/\n\nBitcointalk profile: https://bitcointalk.org/index.php?action=profile;u=2205745",
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2018/07/23 00:03:21
authormiguelcryto
body![jhkjlchi.PNG](https://cdn.steemitimages.com/DQmcmqufWJ5zysjhDmraFDZZtAptxnHboiqhiaXC9shh55g/jhkjlchi.PNG) You might be wondering why blockchain for shipping industry, i will enlighten you on the problems faced by this sector of industry and how BitNautic works to make sure these problems are solved . Challenges Facing the Shipping Industry Most of the world’s manufactured goods and products are transported by container ships, but the industry is facing a tough and unpredictable future. Overcapacity, trust issues and outdated systems plagued by human errors, missing and inaccurate documents and even substandard goods have a fundamental impact on the industry’s prospects. These challenges, along with higher demands from society for transparency, accountability, and responsibility in the logistics chain, drives the industry towards exploring new solutions. Challenges for Carriers The major one which is "SECURITY" .The high number of incidents of piracy and armed robbery against ships off the Somalia coast and in the Gulf of Aden is something that the whole world is aware of, and is a growing concern for the maritime industry that is heavily affected by these incidents. Though the acts of piracy have been controlled to some extent, ship owners still use private armed security guards on their vessels while commuting the dangerous pirate zones in West Africa. Not only armed robbery, the latest security threat to the maritime industry comes from hackers. Automated and technologically advanced ships have become vulnerable to cyber-attacks with hackers being successful in accessing the GPS, AIS – marine Automatic Identification System, and ECDIS – Electronic Chart Display and Information System (a system for viewing digital nautical charts). Challenges for Shippers Finding the best options: Cargo can be moved from point to point in a number of different ways. While it’s convenient to have options, many shippers are overwhelmed or simply unaware of the many different choices they have. Understanding the shipping landscape could save time and money at the end of the day. Preparation and documentation: Shippers sometime aren’t prepared to take on the process. From filling out the bill of lading to identifying freight classes, one misstep can result in surcharges, delays, or customs holds when shipping internationally. Shippers must be sure to prepare ahead of time with the necessary knowledge to get the job done. WHY BITNAUTIC? ![uyjj.PNG](https://cdn.steemitimages.com/DQmVqt74HRzfPNTBMKbBCcCwBjBrSf3ui4dUwkK17vbRBM4/uyjj.PNG) BitNautic address those challenges with an open decentralized platform that will enable all stakeholder, such as importers, exporters,shippers, ship owners, carriers and agents to come on the same page and negotiate their own terms, therefore, avoiding the long chains that arise due to multiple parties’ involvement. All of this will happen with the security and the transparency of blockchain. Also BitNautic is Easy to use: Shippers just enter cargo origin and destination, ship dates and equipment type, then instantly receive binding offers directly from carriers along with service performance and all the details they need to make an informed decision. Ship Owners just enter the Ship location and date, then instantly receive leads on matching cargoes. Multi-Currency: To hold equipment and space on a vessel, Shippers submit a nominal deposit that gets credited toward their balance which is due before cargo is loaded. Any freight, chartering, sale and other services can be paid with cryptocurrency or BitNautic Tokens (BTNT) BitNautic Solutions Shippers Challenges (Our Solutions) I have an unexpected need of ocean shipping (You can view carrier availability and find offers. You can buy contracts from 2 weeks to 6 months out, and your vessel space and container availability have the 100% reliability). Finding offers from multiple providers is challenging and time-consuming(In 5 minutes you can compare offers and buy reliable and binding contract) Carriers Challenges, (Our Solutions) My ship is having to many unproductive days, off hire (List your ship and update its location. BitNautic will find the optimal cargo for you.) I struggle finding new customers (You will be able to search through all the freight quotation requests from shippers. You will have direct contact to negotiate your terms.) BitNautic Decentralized Application Cargo Booking System: BitNautic Cargo Booking System is built to satisfy the needs of today’s Importers and Exporter. Shippers from any country, can see the ships that are available to carry their cargo, based on cargo location and cross-matched with the destination. The best matched lowest prices will be provided to the user, in clear and binding offers with the option to choose from multiple packages from different service providers based on specifications - weight, time frame, destination address, source address. Also appointing an agent for all shipping chores is possible with the BitNautic booking system. Ship Brokerage System: BitNautic is a real-time ship brokerage system that allows carriers and ship-owners to list ships, update the location, and thus to get shipping leads and find new customers. As simple as it sounds, on BitNautic, the ship owners receive the best matching shipping leads and are supported in closing clear and reliable contracts with Shippers agents on the platform support carriers and ship owners in getting all the shipping documentations executed properly. No matter what goods have to be shipped, the agents on the BitNautic are there to help step by step. Cargo Consolidation: Shippers and Ship Owners (Carriers) will be able to list specific opportunities for shipping consolidation. They will provide the place of loading, the place of discharge, and the details of the availability, in terms of container free space or ship hold free space (for Bulk shipping). BitNautic Benefits Comparison Table ![zfzz.PNG](https://cdn.steemitimages.com/DQmWpv4P7jv5eKymaYDqnFqHB44y1gFoyA4jY2K8QtBCWgk/zfzz.PNG) BitNautic Token (BTNT) The BTNT Token, an ERC20 token, will be issued to create a decentralized shipping and cargo platform built on top of Ethereum blockchain and wholesale e-commerce platform based on the Ethereum blockchain and smart contracts for trading goods and services. The most crucial technical component of BTNT Tokens is the Ethereum Virtual Machine smart contract, which regulates token distribution, transactions, and rewards securely and transparently. Token Distribution BitNautic will sell 35’000’000 BTNT to raise 50,000 ETH in its ICO. The ICO will end after the deadline or if the goal is reached earlier. If the softgoal is not reached, then the funds would be refunded to the participants. ![nnn.PNG](https://cdn.steemitimages.com/DQmQ7SpXpSMJcZz37Z7NTbCgiAVt9W2gJBmx1oqweAj8jQG/nnn.PNG) ROAD MAP ![roadmap3.PNG](https://cdn.steemitimages.com/DQmSzjmFJVt9sViqt8MAE1xQxPvrrjNYFNDa3FgXseMq4Gs/roadmap3.PNG) TEAM ![TEAM3.PNG](https://cdn.steemitimages.com/DQmZ4D6uKNfsJFfhS1oRMiF3ZeFFrbnZ1rwFSmkmjsarxXv/TEAM3.PNG) For more information about this new technology here is a link to their official website https://bitnautic.io/. you can also read more on their BitNautic ICO ANN thread here -----> https://bitcointalk.org/index.php?topic=3351552 Also check the below link Facebook: https://www.facebook.com/bitnautic/ Twitter: https://twitter.com/BitNautic Whitepaper: https://bitnautic.io/storage/Whitepaper.pdf Telegram: https://t.me/bitnautic_group Reddit: https://www.reddit.com/user/bitnautic/ Linkedin: https://www.linkedin.com/company/bitnautic-official/ Medium: https://medium.com/@bitnautic Here is a link to my My BitcoinTalk Profile below: https://bitcointalk.org/index.php?action=profile;u=2205745 Disclaimer: This article was published in terms of the bounty campaign. I am not a member of the project team or its representative but a advocate of this incredible project.
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parent author
parent permlinkbitnautic
permlinkbit-nautic-blockchain-platform-for-the-shipping-industry
titleBIT-NAUTIC (Blockchain platform for the shipping industry)
Transaction InfoBlock #24412518/Trx e187a88d68dafc1eec161bdc63ccf901879ed7d5
View Raw JSON Data
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      "author": "miguelcryto",
      "body": "![jhkjlchi.PNG](https://cdn.steemitimages.com/DQmcmqufWJ5zysjhDmraFDZZtAptxnHboiqhiaXC9shh55g/jhkjlchi.PNG)\nYou might be wondering why blockchain for shipping industry, i will enlighten you on the problems faced by this sector of industry and how BitNautic works to make sure these problems are solved . \n\nChallenges Facing the Shipping Industry\nMost of the world’s manufactured goods and products are transported by container ships, but the industry is facing a tough and unpredictable future. Overcapacity, trust issues and outdated systems plagued by human errors, missing and inaccurate documents and even substandard goods have a fundamental impact on the industry’s prospects. These challenges, along with higher demands from society for transparency, accountability, and responsibility in the logistics chain, drives the industry towards exploring new solutions.\n\nChallenges for Carriers \n\nThe major one which is \"SECURITY\" .The high number of incidents of piracy and armed robbery against ships off the Somalia coast and in the Gulf of Aden is something that the whole world is aware of, and is a growing concern for the maritime industry that is heavily affected by these incidents. Though the acts of piracy have been controlled to some extent, ship owners still use private armed security guards on their vessels while commuting the dangerous pirate zones in West Africa. Not only armed robbery, the latest security threat to the maritime industry comes from hackers. Automated and technologically advanced ships have become vulnerable to cyber-attacks with hackers being successful in accessing the GPS, AIS – marine Automatic Identification System, and ECDIS – Electronic Chart Display and Information  System (a system for viewing digital nautical charts).\n\nChallenges for Shippers\n\nFinding the best options: Cargo can be moved from point to point in a number of different ways. While it’s convenient to have options, many shippers are overwhelmed or simply unaware of the many different choices they have. Understanding the shipping landscape could save time and money at the end of the day.\n\nPreparation and documentation: Shippers sometime aren’t prepared to take on the process. From filling out the bill of lading to identifying freight classes, one misstep can result in surcharges, delays, or customs holds when shipping internationally. Shippers must be sure to prepare ahead of time with the necessary knowledge to get the job done.\n\nWHY BITNAUTIC?\n\n![uyjj.PNG](https://cdn.steemitimages.com/DQmVqt74HRzfPNTBMKbBCcCwBjBrSf3ui4dUwkK17vbRBM4/uyjj.PNG)\n\nBitNautic address those challenges with an open decentralized platform that will enable all stakeholder, such as importers, exporters,shippers, ship owners, carriers and agents to come on the same page and negotiate their own terms, therefore, avoiding the long chains that arise due to multiple parties’ involvement. All of this will happen with the security and the transparency of blockchain. Also BitNautic is\n\nEasy to use: Shippers just enter cargo origin and destination, ship dates and equipment type, then instantly receive binding offers directly from carriers along with service performance and all the details they need to make an informed decision. Ship Owners just enter the Ship location and date, then instantly receive leads on matching cargoes.\n\nMulti-Currency: To hold equipment and space on a vessel, Shippers submit a nominal deposit that gets credited toward their balance which is due before cargo is loaded. Any freight, chartering, sale and other services can be paid with cryptocurrency or BitNautic Tokens (BTNT)\n\nBitNautic Solutions\nShippers Challenges  (Our Solutions)\nI have an unexpected need of ocean shipping (You can view carrier availability and find offers. You can buy contracts from 2 weeks to 6 months out, and your vessel space and container availability have the 100% reliability).\n\nFinding offers from multiple providers is challenging and time-consuming(In 5 minutes you can compare offers and buy reliable and binding contract)  \n\nCarriers Challenges, (Our Solutions)\nMy ship is having to many unproductive days, off hire (List your ship and update its location. BitNautic will find the optimal cargo for you.)\n\nI struggle finding new customers (You will be able to search through all the freight quotation requests from shippers. You will have direct contact to negotiate your terms.) \n\nBitNautic Decentralized Application\nCargo Booking System: BitNautic Cargo Booking System is built to satisfy the needs of today’s Importers and Exporter. Shippers from any country, can see the ships that are available to carry their cargo, based on cargo location and cross-matched with the destination. The best matched lowest prices will be provided to the user, in clear and binding offers with the option to choose from multiple packages from different service providers based on specifications - weight, time frame, destination address, source address. Also appointing an agent for all shipping chores is possible with the BitNautic booking system.\n\nShip Brokerage System: BitNautic is a real-time ship brokerage system that allows carriers and ship-owners to list ships, update the location, and thus to get shipping leads and find new customers. As simple as it sounds, on BitNautic, the ship owners receive the best matching shipping leads and are supported in closing clear and reliable contracts with Shippers agents on the platform support carriers and ship owners in getting all the shipping documentations executed properly. No matter what goods have to be shipped, the agents on the BitNautic are there to help step by step.\n\nCargo Consolidation:  Shippers and Ship Owners (Carriers) will be able to list specific opportunities for shipping consolidation. They will provide the place of loading, the place of discharge, and the details of the availability, in terms of container free space or ship hold free space (for Bulk shipping).\n\nBitNautic Benefits Comparison Table\n\n![zfzz.PNG](https://cdn.steemitimages.com/DQmWpv4P7jv5eKymaYDqnFqHB44y1gFoyA4jY2K8QtBCWgk/zfzz.PNG)\n\nBitNautic Token (BTNT)\nThe BTNT Token, an ERC20 token, will be issued to create a decentralized shipping and cargo platform built on top of Ethereum blockchain and wholesale e-commerce platform based on the Ethereum blockchain and smart contracts for trading goods and services.\n\nThe most crucial technical component of BTNT Tokens is the Ethereum Virtual Machine smart contract, which regulates token distribution, transactions, and rewards securely and transparently.\n\nToken Distribution\nBitNautic will sell 35’000’000 BTNT to raise 50,000 ETH in its ICO. The ICO will end after the deadline or if the goal is reached earlier. If the softgoal is not reached, then the funds would be refunded to the participants.\n![nnn.PNG](https://cdn.steemitimages.com/DQmQ7SpXpSMJcZz37Z7NTbCgiAVt9W2gJBmx1oqweAj8jQG/nnn.PNG)\n\n\n\nROAD MAP\n![roadmap3.PNG](https://cdn.steemitimages.com/DQmSzjmFJVt9sViqt8MAE1xQxPvrrjNYFNDa3FgXseMq4Gs/roadmap3.PNG)\n\n\nTEAM\n![TEAM3.PNG](https://cdn.steemitimages.com/DQmZ4D6uKNfsJFfhS1oRMiF3ZeFFrbnZ1rwFSmkmjsarxXv/TEAM3.PNG)\n\n\n\n\nFor more information about this new technology here is a link to their official website https://bitnautic.io/. you can also read more on their BitNautic ICO ANN thread here -----> https://bitcointalk.org/index.php?topic=3351552 \n\nAlso check the below link\n\nFacebook: https://www.facebook.com/bitnautic/\n\nTwitter: https://twitter.com/BitNautic\n\nWhitepaper: https://bitnautic.io/storage/Whitepaper.pdf\n\nTelegram: https://t.me/bitnautic_group\n\nReddit: https://www.reddit.com/user/bitnautic/\n\nLinkedin: https://www.linkedin.com/company/bitnautic-official/\n\nMedium: https://medium.com/@bitnautic\n\nHere is a link to my My BitcoinTalk Profile below: \n\nhttps://bitcointalk.org/index.php?action=profile;u=2205745\n\nDisclaimer: This article was published in terms of the bounty campaign. I am not a member of the project team or its representative but a advocate of this incredible project.",
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2018/07/18 02:54:18
authormiguelcryto
permlinkingot-coin-first-fully-integrated-blockchain-based-wallet-with-a-digital-bank-brokerage-exchange-certifier-and-initial-coin
votersensation
weight10000 (100.00%)
Transaction InfoBlock #24272051/Trx 58255feedb194f3707c274a964a738b4e1d3f5f8
View Raw JSON Data
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2018/07/18 02:12:33
authormiguelcryto
body![ffff.PNG](https://cdn.steemitimages.com/DQmYSuXNprwL65XciEjavaEUVYAfFqAF2uGqMBRQ4rAWujn/ffff.PNG) **The Business Model** INGOT`s strategy is based on attracting clients to its Ecosystem by providing a pioneering exclusive service that is unmatched in the market. In the perspective of trading facilities, this Ecosystem is like no other as it offers a highly liquid exchange with highly competitive fees, provides a one stop shop for innovative entrepreneurs and increases knowledge and awareness of the blockchain technology. This will be achieved by global reach campaigns hand in hand with concentrated and tailored marketing. **Assumptions** Total Industry Accounts taken was equal to double the number of Ethereum and Bitcoin wallets. Our conservative measure for our market share of the total industry was equal to 0.1%. Given the past year’s %200 growth rate of the industry the even higher growth expectations, we kept it constant at the same rate. Revenue to the Ecosystem will be flow from the IC Digital Bank, IC Exchange, IC Brokerage, IC ICO Accelerator and IC Crypto Certifier. When creating the financial model, we have considered the industry’s most competitive charges and a constant non-growing market share. ![GZFHJ.PNG](https://cdn.steemitimages.com/DQmPbJ79wjzkojz8FfoVZrqJKrLDhE7hvK8aE7neD14Gd9u/GZFHJ.PNG) **Ecosystem Caps** **Hard Cap** Based on our extensive financial model, we have placed a hard cap of $90,000,000. This number will ensure we provide the best services with optimal allocations into each component of this all-inclusive ecosystem. The values plotted below include the best registrations with top-notch developers implementing on state-of-the-art technologies. ![DSFGH.PNG](https://cdn.steemitimages.com/DQmaGQZ9uGoUtANT3G2uUvNWE8jQDdwGYAXscvv6gXgifwh/DSFGH.PNG) Many assets will be shared among the Ecosystem. The above values include cost of licenses that depend on the country of choice. Different countries have different costs and presents us with different statuses. **Soft Cap** Our Ecosystem could be constructed in rounds. However, the main core should be implemented simultaneously. Having said that, we have included the main components with their minimum value to be launched with a minimum of $37,000,000. ![CVBN.PNG](https://cdn.steemitimages.com/DQmaYcTkcAxrNkEPD8iuS61vLi9VyTKYNnUHiYvhdeeUrg5/CVBN.PNG) There is a huge discrepancy between the soft cap and the hard cap, this is due to component budgetary cutbacks. The components that have will be eliminated from the outer circle of the Ecosystem, IC Accelerator and IC Crypto Certifier. Discarding the creation of these components will slightly affect the attractiveness of the Ecosystem, however it will still be capable of running at almost optimal level. As for reducing the budgets, we have combined the reserve with the liquidity pool into one component which will serve both purposes. As for the bank and brokerage, we will be able to open under one registry and restrict our service to the needed ones and not expand all at once. Reducing the budgets will affect the growth of the project and projected price of IC. The growth will start at a much lower rate in comparison to our business model. However, it will still initially grow at an exponential rate, thus reaching our current milestones but on later dates. For more information about our financial model please contact us or visit us at www.ingotcoin.io and have an extensive look at our financial model. If you have any questions and inquiries, our dedicated team is available 7 days a week to answer your questions by e-mail. ![BJVIP.PNG](https://cdn.steemitimages.com/DQmX14RrApoB4rbiMPZZmV7Tzue1hHnVF9RZaZL7oBN6p6C/BJVIP.PNG) ![OIUY.PNG](https://cdn.steemitimages.com/DQma39jqvKujvm37dgtGzBHz3UsbsW6Vnw4m2bsNrtxtsZT/OIUY.PNG) **Lock-Up Periods** The structure provided below is designed in a way that will not hinder the growth of the Ecosystem and will not result in price manipulation, all while working in the best interest of the IC token holders. The founders and the IC Team are aiming to provide a long-term solution while maintaining growth and sustainability of this revolutionary Ecosystem. Having said that, we have implemented lock up periods for each potential market participant group This way it will take the founder a minimum of 3 years to exit this project, which should add to the trustworthiness of the project and the strength of the belief in the vision. Other token holders will have shorter lock up periods as they will be able to cash out or “Hodl” the coin. ![TRY.PNG](https://cdn.steemitimages.com/DQmdF53HrqDK7LomjWTmR7C2KHnig3fbCXV9Bxw2Wf9e8cw/TRY.PNG) Accepted Procurement Methods - Fiat Transfers USD Transferred to bank accounts as specified on our website www.ingotcoin.io - Crypto Transfers ICO and Presale: ETH or Ethereum, BTC or Bitcoin, XRP or Ripple, and more types of cryptocurrencies transferred to a wallet that is specified on our website. **Token Bonus, Discounts & Dates Pre-ICO Discounts, Dates and Limits** INGOT Coin pre-sale ICO will start on May 1st, 2018 and ends on June 30th, 2018. ICO Discounts, Dates and Limits INGOT Coin ICO will start on July 1st, 2018 and ends on August 11th, 2018. Each discount phase comes with a limit that restricts how much is invested at a specific discount rate. ![L,MN.PNG](https://cdn.steemitimages.com/DQmPaHipNwAe94VfJoKkLmjw6Hkqxh9mLSPJXEZsKDUv3kB/L,MN.PNG) MORE INFORMATION ABOUT THIS PROJECT FOLLOW THE LINK BELOW: Website: https://www.ingotcoin.io/ Whitepaper: https://www.ingotcoin.io/documents/en/white-paper.pdf ANN LINK: https://bitcointalk.org/index.php?topic=3581009 Telegram: https://t.me/INGOTCoin Facebook: https://www.facebook.com/ICOINGOT/ Twitter: https://twitter.com/ICOINGOT link: https://bitcointalk.org/index.php?action=profile;u=2205745
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parent author
parent permlinkingotcoin
permlinkingot-from-traditional-finance-to-block-chain-technology
titleINGOT(FROM TRADITIONAL FINANCE TO BLOCK-CHAIN TECHNOLOGY)
Transaction InfoBlock #24271218/Trx 7d55115e86c0acbefec6accbadb44b262b760487
View Raw JSON Data
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      "author": "miguelcryto",
      "body": "![ffff.PNG](https://cdn.steemitimages.com/DQmYSuXNprwL65XciEjavaEUVYAfFqAF2uGqMBRQ4rAWujn/ffff.PNG)\n\n**The Business Model** \nINGOT`s strategy is based on attracting clients to its Ecosystem by providing a pioneering exclusive service that is unmatched in the market. In the perspective of trading facilities, this Ecosystem is like no other as it offers a highly liquid exchange with highly competitive fees, provides a one stop shop for innovative entrepreneurs and increases knowledge and awareness of the blockchain technology. This will be achieved by global reach campaigns hand in hand with concentrated and tailored marketing.\n\n**Assumptions**\nTotal Industry Accounts taken was equal to double the number of Ethereum and Bitcoin wallets. Our conservative measure for our market share of the total industry was equal to 0.1%. Given the past year’s %200 growth rate of the industry the even higher growth expectations, we kept it constant at the same rate. Revenue to the Ecosystem will be flow from the IC Digital Bank, IC Exchange, IC Brokerage, IC ICO Accelerator and IC Crypto Certifier. When creating the\n\nfinancial model, we have considered the industry’s most competitive charges and a constant non-growing market share.\n\n![GZFHJ.PNG](https://cdn.steemitimages.com/DQmPbJ79wjzkojz8FfoVZrqJKrLDhE7hvK8aE7neD14Gd9u/GZFHJ.PNG)\n\n**Ecosystem Caps**\n**Hard Cap**\n Based on our extensive financial model, we have placed a hard cap of $90,000,000. This number will ensure we provide the best services with optimal allocations into each component of this all-inclusive ecosystem. The values plotted below include the best registrations with top-notch developers implementing on state-of-the-art technologies.\n![DSFGH.PNG](https://cdn.steemitimages.com/DQmaGQZ9uGoUtANT3G2uUvNWE8jQDdwGYAXscvv6gXgifwh/DSFGH.PNG)\n\nMany assets will be shared among the Ecosystem. The above values include cost of licenses that depend on the country of choice. Different countries have different costs and presents us with different statuses.\n\n**Soft Cap**\nOur Ecosystem could be constructed in rounds. However, the main core should be implemented simultaneously. Having said that, we have included the main components with their minimum value to be launched with a minimum of $37,000,000.\n![CVBN.PNG](https://cdn.steemitimages.com/DQmaYcTkcAxrNkEPD8iuS61vLi9VyTKYNnUHiYvhdeeUrg5/CVBN.PNG)\nThere is a huge discrepancy between the soft cap and the hard cap, this is due to component budgetary cutbacks. The components that have will be eliminated from the outer circle of the Ecosystem, IC Accelerator and IC Crypto Certifier. Discarding the creation of these components will slightly affect the attractiveness of the Ecosystem, however it will still be capable of running at almost optimal level.\n\nAs for reducing the budgets, we have combined the reserve with the liquidity pool into one component which will serve both purposes. As for the bank and brokerage, we will be able to open under one registry and restrict our service to the needed ones and not expand all at once.\n\nReducing the budgets will affect the growth of the project and projected price of IC. The growth will start at a much lower rate in comparison to our business model. However, it will still initially grow at an exponential rate, thus reaching our current milestones but on later dates.\n\nFor more information about our financial model please contact us or visit us at\n\nwww.ingotcoin.io and have an extensive look at our financial model. If you have any questions and inquiries, our dedicated team is available 7 days a week to answer your questions by e-mail.\n\n\n\n![BJVIP.PNG](https://cdn.steemitimages.com/DQmX14RrApoB4rbiMPZZmV7Tzue1hHnVF9RZaZL7oBN6p6C/BJVIP.PNG)\n![OIUY.PNG](https://cdn.steemitimages.com/DQma39jqvKujvm37dgtGzBHz3UsbsW6Vnw4m2bsNrtxtsZT/OIUY.PNG)\n\n**Lock-Up Periods**\nThe structure provided below is designed in a way that will not hinder the growth of the Ecosystem and will not result in price manipulation, all while working in the best interest of the IC token holders. The founders and the IC Team are aiming to provide a long-term solution while maintaining growth and sustainability of this revolutionary Ecosystem. Having said that, we have implemented lock up periods for each potential market participant group\n\nThis way it will take the founder a minimum of 3 years to exit this project, which should add to the trustworthiness of the project and the strength of the belief in the vision. Other token holders will have shorter lock up periods as they will be able to cash out or “Hodl” the coin.\n\n![TRY.PNG](https://cdn.steemitimages.com/DQmdF53HrqDK7LomjWTmR7C2KHnig3fbCXV9Bxw2Wf9e8cw/TRY.PNG)\n\nAccepted Procurement Methods\n- Fiat Transfers\n\nUSD Transferred to bank accounts as specified on our website www.ingotcoin.io\n\n- Crypto Transfers\n\nICO and Presale: ETH or Ethereum, BTC or Bitcoin, XRP or Ripple, and more types of cryptocurrencies transferred to a wallet that is specified on our website.\n\n**Token Bonus, Discounts & Dates Pre-ICO Discounts, Dates and Limits**\nINGOT Coin pre-sale ICO will start on May 1st, 2018 and ends on June 30th, 2018. ICO Discounts, Dates and Limits INGOT Coin ICO will start on July 1st, 2018 and ends on August 11th, 2018. Each discount phase comes with a limit that restricts how much is invested at a specific discount rate.\n\n\n![L,MN.PNG](https://cdn.steemitimages.com/DQmPaHipNwAe94VfJoKkLmjw6Hkqxh9mLSPJXEZsKDUv3kB/L,MN.PNG)\n\nMORE INFORMATION ABOUT THIS PROJECT FOLLOW THE LINK BELOW:\nWebsite: https://www.ingotcoin.io/\n\nWhitepaper: https://www.ingotcoin.io/documents/en/white-paper.pdf\n\nANN LINK: https://bitcointalk.org/index.php?topic=3581009\n\nTelegram: https://t.me/INGOTCoin\n\nFacebook: https://www.facebook.com/ICOINGOT/\n\nTwitter: https://twitter.com/ICOINGOT\n\nlink: https://bitcointalk.org/index.php?action=profile;u=2205745",
      "json_metadata": "{\"tags\":[\"ingotcoin\",\"cryptocurreny\",\"blockchain\"],\"image\":[\"https://cdn.steemitimages.com/DQmYSuXNprwL65XciEjavaEUVYAfFqAF2uGqMBRQ4rAWujn/ffff.PNG\",\"https://cdn.steemitimages.com/DQmPbJ79wjzkojz8FfoVZrqJKrLDhE7hvK8aE7neD14Gd9u/GZFHJ.PNG\",\"https://cdn.steemitimages.com/DQmaGQZ9uGoUtANT3G2uUvNWE8jQDdwGYAXscvv6gXgifwh/DSFGH.PNG\",\"https://cdn.steemitimages.com/DQmaYcTkcAxrNkEPD8iuS61vLi9VyTKYNnUHiYvhdeeUrg5/CVBN.PNG\",\"https://cdn.steemitimages.com/DQmX14RrApoB4rbiMPZZmV7Tzue1hHnVF9RZaZL7oBN6p6C/BJVIP.PNG\",\"https://cdn.steemitimages.com/DQma39jqvKujvm37dgtGzBHz3UsbsW6Vnw4m2bsNrtxtsZT/OIUY.PNG\",\"https://cdn.steemitimages.com/DQmdF53HrqDK7LomjWTmR7C2KHnig3fbCXV9Bxw2Wf9e8cw/TRY.PNG\",\"https://cdn.steemitimages.com/DQmPaHipNwAe94VfJoKkLmjw6Hkqxh9mLSPJXEZsKDUv3kB/L,MN.PNG\"],\"links\":[\"https://www.ingotcoin.io/\",\"https://www.ingotcoin.io/documents/en/white-paper.pdf\",\"https://bitcointalk.org/index.php?topic=3581009\",\"https://t.me/INGOTCoin\",\"https://www.facebook.com/ICOINGOT/\",\"https://twitter.com/ICOINGOT\",\"https://bitcointalk.org/index.php?action=profile;u=2205745\"],\"app\":\"steemit/0.1\",\"format\":\"markdown\"}",
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      "permlink": "ingot-from-traditional-finance-to-block-chain-technology",
      "title": "INGOT(FROM TRADITIONAL FINANCE TO BLOCK-CHAIN TECHNOLOGY)"
    }
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  "op_in_trx": 0,
  "timestamp": "2018-07-18T02:12:33",
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2018/07/18 01:43:33
authormiguelcryto
body![ffff.PNG](https://cdn.steemitimages.com/DQmYSuXNprwL65XciEjavaEUVYAfFqAF2uGqMBRQ4rAWujn/ffff.PNG) Hello to you all and welcome to another ICO review. i still remain my humble self Miguel and I am a writer and IT enthusiast and I will be giving you information you might need about the newest ICO's that are worth your time. I will be direct and articulate as possible so you all can gather as much information you need to strive out there. Today, we going to talk about “INGOT COIN”. I know you asking the question ingot coin? or who are ingot coin? that's why I'm here, to enlighten you, you can find the links to their website and other information at the bottom of my post so you can do your own research. **ABOUT INGOT** INGOT Coin is the first integrated Wallet with Digital Bank, Brokerage, Exchange, Certifier, and ICO Accelerator. INGOT Coin is a decentralized cryptocurrency that provides benefits and discounts within the ecosystem itself. IC will be based on ERC20 technology. All components are rolled into a single and complete ecosystem, which rewards token holders and consumers to use and contribute. The IC Ecosystem will transform trades, settlements and payments and make them instant, bringing together different necessary components and cutting out third party intermediaries who usually delay the process and increase associated costs. Ecosystem Overview Creating an unprecedented, a first of-its-kind revolutionary ecosystem based on block-chain technology that will link newly developed crypto markets with the currently existing financial markets eliminating inefficiencies, while providing a one-stop ecosystem that enables participants to perform and execute transactions according to their financial needs. ![ecostem over view.PNG](https://cdn.steemitimages.com/DQmTjmYrgkEgQL8dJga4iDtjAfaQzmhp3Cj1268yo8zRKRu/ecostem%20over%20view.PNG) IC Solution: IC Ecosystem INGOT Coin will create a complete solution by integrating 6 core ecosystem components and providing a one-stop-shop for the digital asset, traditional asset and currency markets to solve all the above-mentioned challenges, thus, creating a link between the crypto market and the traditional market. The IC Ecosystem will establish 6 different components to work hand in hand under one umbrella, providing all community members the chance to capitalize on upcoming opportunities in all markets. The Ecosystem’s components, as shown below, are the IC Wallet, IC Exchange, IC Brokerage, IC Digital Bank, IC Certifier and IC ICO Accelerator - IC Digital Bank: - This is to facilitates all transactions, payments, and settlement in INGO - IC Brokerage :- This is made for for investors looking for more trading options they can check opportunities through the IC Broker portal. - IC Exchange-IC : This makes provision for cryptocurrency and fiat trading through their exchange platform.The exchange will be listing major coins and newly issued ICOs to provide a complete diversified coin spectrum for market participants - IC Wallet: IC Wallet will be a blockchain based crypto wallet dedicated to working as a custodial for all cryptocurrencies in the Ecosystem. Participants will be able to use the wallet to send, receive, and store cryptocurrencies available in the market with ease and security. The wallets will contain multi signature and cold storage systems to create a secure and reliable environment for all stakeholders. - IC ICO Accelerator :This is use to fight for investment in a legitimate ICO project - IC Crypto Certifier: this is an educative-based materials about cryptocurrency efforts - IC Community: this platform was created for fans and developers to interact and communicate - IC Liquidity Pool: This makes provision or offers insured liquidity for INGOT COIN, fiat currency, and other cryptocurrency **BENEFITS** As an inclusive ecosystem, INGOT is a pioneer in several ways, and as a result, it can have several potential benefits: - IC Bank provides a decentralized ledger that enables transparency - The peer-to-peer model allows the decentralization of transaction infrastructure. - Bank IC eliminates the need for a fee with the smallest micro payment even without an intermediary - The IC wallet offers the highest standards of security that ensure smooth and secure data transfers for fiat and cryptocurrency. **The Token** ![token.PNG](https://cdn.steemitimages.com/DQmQkA62Rnp5GUwrKg9pbJwv3y3pVcmq4w9UU2PckzV2d9i/token.PNG) Token Summary The Exchange will charge a preferred rate on all transactions paid by our coin, compared to payments done by other major cryptocurrencies or fiat currencies. INGOT will distribute coin dividends once the company is mature and profitable. This increases the attractiveness of the coin in the initial phases and in the long run.The maximum number of tokens that will be distributed will be 120,000,000 IC. In case tokens were not all sold once all the ICO ends, all unsold tokens will enter a burning program as per the smart contract. Uses of the Token This hybrid token serves as a utility and a security token. We will go into extensive explanations of both beneficial areas. Security benefits The token holders will benefit from the growth of the Ecosystem’s returns. The returns will be reflected on the price, in terms of Capital Gains and in terms of Dividends. As one of the Ecosystem’s main objective is to satisfy token holders and ensure their benefits are on the top of the objectives list, the reflection of the returns on the price of IC will be mainly channeled through our dividends program that will start after the Ecosystem is sustainable and profitable. As it is currently in the market, companies that pay increasing amounts of dividends to their shareholders will enjoy increase in stock or token prices. This is due to the increase in attractiveness of the security as the returns on the price of the security has increased. Along with some of the other crypto currencies, the token will have limited supply, which will lead to fixing the supply while demand can increase that will lead to capital gains for token holders. The Token Distribution Phases Tranche 1: Building the IC Ecosystem Tranche 2: Building the Digital Commodity Exchange The structure of proceeds utilization is designed to ensure the platform’s profitability in the long run with minimal operational risks. INGOT is committed to implement its strategy in the best interest of IC token holders to insure growth of the project and token price while maintaining efficient asset allocation and pricing respectively. The ICO will begin on July 1 and end on August 11th. However, pre-ICO began on May 1st. Token allocation is as follows: - Public 75% - Initial support 7% - Founder 4% - Advisor 4% - Tim 5% - Program Bounty 5% **ROAD MAP** - Q3 2017 find the threat of an existing financial industry Determine the challenges of non-transparent and inefficient regulatory associations that increase fund-raising restrictions and - Q4 2017 Analyze the widespread use of blockchain technology Excessive work in finding unique solutions that will provide a complete solution for all financial industry stakeholders - Q1 2018 business models and financial feasibility studies Complete a complete business model that integrates Digital Banking solutions, digital wallets, Brokers and Exchange while providing - Q2 2018 Publish the INGOT White Paper Analyze the mechanism of providing a full Ecosystem aimed at meeting all regulations, stakeholders, and market participants of the financial industry. Bounty Program Released A detailed bounty program is released to raise awareness of this revolutionary ecosystem on various media outlets. INGOT's Pre sale ICO INGOT tokens will be published for the first time at a discount. INGOT Wallet (IC Wallet) will be released and activated - Q3 2018 ICO IC first round INGOT will be available for sale in a limited time: Be the first to invest in it - Q42018 Goes Live IC Wallet Equipped with the highest security standards, the wallet will provide fast and smooth transfers. This wallet will be able to hold multi-asset classes, ranging from Crypto Currency to Fiat Currency along with Traditional Assets - Q2 2019 IC Digital Bank Open For Business A fully licensed Bank will provide various banking services such as demand deposits, e-payments, fund management and custodial duties - Q3 2019 Completing the Ecosystem Components INGOT will add the following integrated components to complete a complete solution for all market players. Brokerage IC Provides a wide range of financial products including: fiat currency, Equity, Bonds, Commodities, and ETFs while ensuring high efficiency and liquidity IC IC Exchange Holders and IC Liquidity Pool will have the opportunity to trade Crypto Currencies and register their new ICO coins on IC Exchange. Crypto trading will fight other crypto currencies, fiat currencies and traditional financial instruments with liquidity assured by our liquidity pool IC Crypto Certifier INGOT intends to provide participants with the strong skills and knowledge necessary to develop IC blockchain ICO Accelerator technology Provide a one-stop-shop for entrepreneurs to issue their ICOs in order to raise funds in non-traditional ways. This component will provide legal, marketing, financial, PR, and other services - Q4 2019 INGOT's ICO INGOT second round will announce second round of ICO to raise funds in order to implement the exchange of digital commodities - Q1 2020 Plan INGOT Digitalized Commodity Exchange. Provide different solutions and methods that facilitate the commodity trading process through a secure, user friendly exchange platform - Q4 2020 Launch of Digital Commodities Exchange Presents solutions using smart contracts to increase traceability and confidence in physical trading of commodities such as wheat, corn, soybeans or other agricultural commodities. ![jkk.PNG](https://cdn.steemitimages.com/DQmNs7ApkV8SY4ayXfVitd2BHU2E3WtuXqsG7phpw8RtdmK/jkk.PNG) **OUR ADVISORS** ![cc.PNG](https://cdn.steemitimages.com/DQmahhQNLWNFohGqriaxTHcio82jPAsXjyDsB7kKTw8s6m7/cc.PNG) MORE INFORMATION ABOUT THIS PROJECT FOLLOW THE LINK BELOW: Website: https://www.ingotcoin.io/ Whitepaper: https://www.ingotcoin.io/documents/en/white-paper.pdf ANN LINK: https://bitcointalk.org/index.php?topic=3581009 Telegram: https://t.me/INGOTCoin Facebook: https://www.facebook.com/ICOINGOT/ Twitter: https://twitter.com/ICOINGOT link: https://bitcointalk.org/index.php?action=profile;u=2205745
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parent author
parent permlinkingotcoin
permlinkingot-coin-first-fully-integrated-blockchain-based-wallet-with-a-digital-bank-brokerage-exchange-certifier-and-initial-coin
titleINGOT COIN (first fully integrated blockchain-based Wallet with a Digital Bank, Brokerage, Exchange, Certifier, and Initial Coin Offering (ICO) Accelerator)
Transaction InfoBlock #24270639/Trx add7852fc62fec25caf1728009042c9583cfaca3
View Raw JSON Data
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      "author": "miguelcryto",
      "body": "![ffff.PNG](https://cdn.steemitimages.com/DQmYSuXNprwL65XciEjavaEUVYAfFqAF2uGqMBRQ4rAWujn/ffff.PNG)\n\nHello to you all and welcome to another ICO review. i still remain my humble self Miguel and I am a writer and IT enthusiast and I will be giving you information you might need about the newest ICO's that are worth your time. I will be direct and articulate as possible so you all can gather as much information you need to strive out there.\n\nToday, we going to talk about “INGOT COIN”. I know you asking the question ingot coin? or who are ingot coin? that's why I'm here, to enlighten you, you can find the links to their website and other information at the bottom of my post so you can do your own research.\n\n**ABOUT INGOT**\nINGOT Coin is the first integrated Wallet with Digital Bank, Brokerage, Exchange, Certifier, and ICO Accelerator. INGOT Coin is a decentralized cryptocurrency that provides benefits and discounts within the ecosystem itself. IC will be based on ERC20 technology. All components are rolled into a single and complete ecosystem, which rewards token holders and consumers to use and contribute.\n\nThe IC Ecosystem will transform trades, settlements and payments and make them instant, bringing together different necessary components and cutting out third party intermediaries who usually delay the process and increase associated costs.\n\nEcosystem Overview\nCreating an unprecedented, a first of-its-kind revolutionary ecosystem based on block-chain technology that will link newly developed crypto markets with the currently existing financial markets eliminating inefficiencies, while providing a one-stop ecosystem that enables participants to perform and execute transactions according to their financial needs.\n\n![ecostem over view.PNG](https://cdn.steemitimages.com/DQmTjmYrgkEgQL8dJga4iDtjAfaQzmhp3Cj1268yo8zRKRu/ecostem%20over%20view.PNG)\n\nIC Solution: IC Ecosystem\nINGOT Coin will create a complete solution by integrating 6 core ecosystem\n\ncomponents and providing a one-stop-shop for the digital asset, traditional\n\nasset and currency markets to solve all the above-mentioned challenges, thus,\n\ncreating a link between the crypto market and the traditional market. The IC\n\nEcosystem will establish 6 different components to work hand in hand under\n\none umbrella, providing all community members the chance to capitalize on\n\nupcoming opportunities in all markets. The Ecosystem’s components, as shown\n\nbelow, are the IC Wallet, IC Exchange, IC Brokerage, IC Digital Bank, IC\n\nCertifier and IC ICO Accelerator\n\n- IC Digital Bank: -  This is to facilitates all transactions, payments, and settlement in INGO\n\n- IC Brokerage :-  This is made for for investors looking for more trading options they can check opportunities through the IC Broker portal.\n\n\n- IC Exchange-IC : This makes provision for cryptocurrency and fiat trading through their exchange platform.The exchange will be listing major coins and newly issued ICOs to provide a complete diversified coin spectrum for market participants\n\n - IC Wallet: IC Wallet will be a blockchain based crypto wallet dedicated to working as a custodial for all cryptocurrencies in the Ecosystem. Participants will be able to use the wallet to send, receive, and store cryptocurrencies available in the market with ease and security. The wallets will contain multi signature and cold  storage systems to create a secure and reliable environment for all stakeholders. \n\n- IC ICO Accelerator :This is use to fight for investment in a legitimate ICO project\n\n- IC Crypto Certifier: this is an educative-based materials about cryptocurrency efforts\n\n- IC Community: this platform was created for fans and developers to interact and communicate\n\n- IC Liquidity Pool: This makes provision or  offers insured liquidity for INGOT COIN, fiat currency, and other cryptocurrency\n\n**BENEFITS**\nAs an inclusive ecosystem, INGOT is a pioneer in several ways, and as a result, it can have several potential benefits:\n\n- IC Bank provides a decentralized ledger that enables transparency\n\n- The peer-to-peer model allows the decentralization of transaction infrastructure.\n\n- Bank IC eliminates the need for a fee with the smallest micro payment even without an intermediary\n\n- The IC wallet offers the highest standards of security that ensure smooth and secure data transfers for fiat and cryptocurrency.\n\n**The Token**\n\n![token.PNG](https://cdn.steemitimages.com/DQmQkA62Rnp5GUwrKg9pbJwv3y3pVcmq4w9UU2PckzV2d9i/token.PNG)\n\nToken Summary\n\nThe Exchange will charge a preferred rate on all transactions paid by our coin, compared to payments done by other major cryptocurrencies or fiat currencies. INGOT will distribute coin dividends once the company is mature and profitable. This increases the attractiveness of the coin in the initial phases and in the long run.The maximum number of tokens that will be distributed will be 120,000,000 IC. In case tokens were not all sold once all the ICO ends, all unsold tokens will enter a burning program as per the smart contract.\n\nUses of the Token\nThis hybrid token serves as a utility and a security token. We will go into extensive explanations of both beneficial areas. Security benefits The token holders will benefit from the growth of the Ecosystem’s returns. The returns will be reflected on the price, in terms of Capital Gains and in terms of Dividends. As one of the Ecosystem’s main objective is to satisfy token holders and ensure their benefits are on the top of the objectives list, the reflection of the returns on the price of IC will be mainly channeled through our dividends program that will start after the Ecosystem is sustainable and profitable. As it is currently in the market, companies that pay increasing amounts of dividends to their shareholders will enjoy increase in stock or token prices. This is due to the increase in attractiveness of the security as the returns on the price of the security has increased. Along with some of the other crypto currencies, the token will have limited supply, which will lead to fixing the supply while demand can increase that will lead to capital gains for token holders.\n\nThe Token Distribution Phases\nTranche 1: Building the IC Ecosystem\n\nTranche 2: Building the Digital Commodity\n\nExchange\n\nThe structure of proceeds utilization is designed to ensure the platform’s profitability in the long run with minimal operational risks. INGOT is committed to implement its strategy in the best interest of IC token holders to insure growth of the project and token price while maintaining efficient asset allocation and pricing respectively.\n\nThe ICO will begin on July 1 and end on August 11th. However, pre-ICO began on May 1st. Token allocation is as follows:\n\n- Public 75%\n\n- Initial support 7%\n\n- Founder 4%\n\n- Advisor 4%\n\n- Tim 5%\n\n- Program Bounty 5%\n\n**ROAD MAP**\n- Q3 2017\n\nfind the threat of an existing financial industry Determine the challenges of non-transparent and inefficient regulatory associations that increase fund-raising restrictions and\n\n- Q4 2017\n\nAnalyze the widespread use of blockchain technology Excessive work in finding unique solutions that will provide a complete solution for all financial industry stakeholders\n\n- Q1 2018\n\nbusiness models and financial feasibility studies Complete a complete business model that integrates Digital Banking solutions, digital wallets, Brokers and Exchange while providing\n\n- Q2 2018\n\nPublish the INGOT White Paper Analyze the mechanism of providing a full Ecosystem aimed at meeting all regulations, stakeholders, and market participants of the financial industry. Bounty Program Released A detailed bounty program is released to raise awareness of this revolutionary ecosystem on various media outlets. INGOT's Pre sale ICO INGOT tokens will be published for the first time at a discount. INGOT Wallet (IC Wallet) will be released and activated\n\n- Q3 2018\n\nICO IC first round INGOT will be available for sale in a limited time: Be the first to invest in it\n\n- Q42018\n\nGoes Live IC Wallet Equipped with the highest security standards, the wallet will provide fast and smooth transfers. This wallet will be able to hold multi-asset classes, ranging from Crypto Currency to Fiat Currency along with Traditional Assets\n\n- Q2 2019\n\nIC Digital Bank Open For Business A fully licensed Bank will provide various banking services such as demand deposits, e-payments, fund management and custodial duties\n\n- Q3 2019\n\nCompleting the Ecosystem Components INGOT will add the following integrated components to complete a complete solution for all market players. Brokerage IC Provides a wide range of financial products including: fiat currency, Equity, Bonds, Commodities, and ETFs while ensuring high efficiency and liquidity IC IC Exchange Holders and IC Liquidity Pool will have the opportunity to trade Crypto Currencies and register their new ICO coins on IC Exchange. Crypto trading will fight other crypto currencies, fiat currencies and traditional financial instruments with liquidity assured by our liquidity pool IC Crypto Certifier INGOT intends to provide participants with the strong skills and knowledge necessary to develop IC blockchain ICO Accelerator technology Provide a one-stop-shop for entrepreneurs to issue their ICOs in order to raise funds in non-traditional ways. This component will provide legal, marketing, financial, PR, and other services\n\n- Q4 2019\n\nINGOT's ICO INGOT second round will announce second round of ICO to raise funds in order to implement the exchange of digital commodities\n\n- Q1 2020\n\nPlan INGOT Digitalized Commodity Exchange. Provide different solutions and methods that facilitate the commodity trading process through a secure, user friendly exchange platform\n\n- Q4 2020\n\nLaunch of Digital Commodities Exchange Presents solutions using smart contracts to increase traceability and confidence in physical trading of commodities such as wheat, corn, soybeans or other agricultural commodities.\n\n![jkk.PNG](https://cdn.steemitimages.com/DQmNs7ApkV8SY4ayXfVitd2BHU2E3WtuXqsG7phpw8RtdmK/jkk.PNG)\n\n**OUR ADVISORS**\n\n![cc.PNG](https://cdn.steemitimages.com/DQmahhQNLWNFohGqriaxTHcio82jPAsXjyDsB7kKTw8s6m7/cc.PNG)\n\nMORE INFORMATION ABOUT THIS PROJECT FOLLOW THE LINK BELOW:\n\nWebsite: https://www.ingotcoin.io/\n\nWhitepaper: https://www.ingotcoin.io/documents/en/white-paper.pdf\n\nANN LINK: https://bitcointalk.org/index.php?topic=3581009\n\nTelegram: https://t.me/INGOTCoin\n\nFacebook: https://www.facebook.com/ICOINGOT/\n\nTwitter: https://twitter.com/ICOINGOT\n\nlink: https://bitcointalk.org/index.php?action=profile;u=2205745",
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      "title": "INGOT COIN (first fully integrated blockchain-based Wallet with a Digital Bank, Brokerage, Exchange, Certifier, and Initial Coin Offering (ICO) Accelerator)"
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  "op_in_trx": 0,
  "timestamp": "2018-07-18T01:43:33",
  "trx_id": "add7852fc62fec25caf1728009042c9583cfaca3",
  "trx_in_block": 2,
  "virtual_op": 0
}
steemdelegated 18.605 SP to @miguelcryto
2018/06/23 11:52:39
delegateemiguelcryto
delegatorsteem
vesting shares30259.479670 VESTS
Transaction InfoBlock #23572948/Trx 7d9aa2e43c3b9d1136051d11369f2bb404b8c264
View Raw JSON Data
{
  "block": 23572948,
  "op": [
    "delegate_vesting_shares",
    {
      "delegatee": "miguelcryto",
      "delegator": "steem",
      "vesting_shares": "30259.479670 VESTS"
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2018-06-23T11:52:39",
  "trx_id": "7d9aa2e43c3b9d1136051d11369f2bb404b8c264",
  "trx_in_block": 20,
  "virtual_op": 0
}
steemcreated a new account: @miguelcryto
2018/06/23 09:58:12
active{"account_auths":[],"key_auths":[["STM79L5tVqhffHEPmMcY2uNRgG6GnPXCmZAj4qdf6oGBNUS5dYcJz",1]],"weight_threshold":1}
creatorsteem
delegation30690.000000 VESTS
extensions[]
fee0.100 STEEM
json metadata{}
memo keySTM6jXTRAzfbtWPzc4csiXF2qvvKhL3kogQQPubNKFShkjfjvsnTm
new account namemiguelcryto
owner{"account_auths":[],"key_auths":[["STM5LxKfN5ygLNNQfGHRNtPxzA78Dq34tP6JUSBkpUbpXwLiRmrqe",1]],"weight_threshold":1}
posting{"account_auths":[],"key_auths":[["STM69McfykfuhLJjQaMGKzRyJqjKpAKXvJKdPjkC58KbW1VBRW68G",1]],"weight_threshold":1}
Transaction InfoBlock #23570659/Trx be595ee45023277b435cda9fd6c66ae724fefd3b
View Raw JSON Data
{
  "block": 23570659,
  "op": [
    "account_create_with_delegation",
    {
      "active": {
        "account_auths": [],
        "key_auths": [
          [
            "STM79L5tVqhffHEPmMcY2uNRgG6GnPXCmZAj4qdf6oGBNUS5dYcJz",
            1
          ]
        ],
        "weight_threshold": 1
      },
      "creator": "steem",
      "delegation": "30690.000000 VESTS",
      "extensions": [],
      "fee": "0.100 STEEM",
      "json_metadata": "{}",
      "memo_key": "STM6jXTRAzfbtWPzc4csiXF2qvvKhL3kogQQPubNKFShkjfjvsnTm",
      "new_account_name": "miguelcryto",
      "owner": {
        "account_auths": [],
        "key_auths": [
          [
            "STM5LxKfN5ygLNNQfGHRNtPxzA78Dq34tP6JUSBkpUbpXwLiRmrqe",
            1
          ]
        ],
        "weight_threshold": 1
      },
      "posting": {
        "account_auths": [],
        "key_auths": [
          [
            "STM69McfykfuhLJjQaMGKzRyJqjKpAKXvJKdPjkC58KbW1VBRW68G",
            1
          ]
        ],
        "weight_threshold": 1
      }
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2018-06-23T09:58:12",
  "trx_id": "be595ee45023277b435cda9fd6c66ae724fefd3b",
  "trx_in_block": 43,
  "virtual_op": 0
}

Account Metadata

POSTING JSON METADATA
None
JSON METADATA
None
{
  "posting_json_metadata": {},
  "json_metadata": {}
}

Auth Keys

Owner
Single Signature
Public Keys
STM5LxKfN5ygLNNQfGHRNtPxzA78Dq34tP6JUSBkpUbpXwLiRmrqe1/1
Active
Single Signature
Public Keys
STM79L5tVqhffHEPmMcY2uNRgG6GnPXCmZAj4qdf6oGBNUS5dYcJz1/1
Posting
Single Signature
Public Keys
STM69McfykfuhLJjQaMGKzRyJqjKpAKXvJKdPjkC58KbW1VBRW68G1/1
Memo
STM6jXTRAzfbtWPzc4csiXF2qvvKhL3kogQQPubNKFShkjfjvsnTm
{
  "owner": {
    "account_auths": [],
    "key_auths": [
      [
        "STM5LxKfN5ygLNNQfGHRNtPxzA78Dq34tP6JUSBkpUbpXwLiRmrqe",
        1
      ]
    ],
    "weight_threshold": 1
  },
  "active": {
    "account_auths": [],
    "key_auths": [
      [
        "STM79L5tVqhffHEPmMcY2uNRgG6GnPXCmZAj4qdf6oGBNUS5dYcJz",
        1
      ]
    ],
    "weight_threshold": 1
  },
  "posting": {
    "account_auths": [],
    "key_auths": [
      [
        "STM69McfykfuhLJjQaMGKzRyJqjKpAKXvJKdPjkC58KbW1VBRW68G",
        1
      ]
    ],
    "weight_threshold": 1
  },
  "memo": "STM6jXTRAzfbtWPzc4csiXF2qvvKhL3kogQQPubNKFShkjfjvsnTm"
}

Witness Votes

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No active witness votes.
[]