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      "body": "Crypto Fund King, Mike Novogratz, Joins the AirSwap Advisory Board Will goldman sacs join to.\nMike Novogratz (aka Novo), former macro hedge fund manager at Fortress Investment Group, has joined the AirSwap advisory board.\n![0_9X4eedvkBKq5c9Bb_.png](https://steemitimages.com/DQmTpYGBnPugCC3ims6JMxGW1xw3Hw2hekhtTz1QsNab6C3/0_9X4eedvkBKq5c9Bb_.png)\n\nMike Novogratz with AirSwap Co-Founder Michael Oved (left) and AirSwap Strategist, Sam Tabar (right)\nNovo is launching Galaxy Digital Assets Fund, the largest cryptocurrency fund of its kind. The fund will focus on market-making, arbitrage, stakes in token launches and venture capital-style investments in digital-asset development.\n\nNovo has extensive experience on Wall Street and helped take Fortress public in 2007, where the company sold an 8% share to the public for $600 million. Prior to joining Fortress, he was a partner at Goldman Sachs where he spent much of his time working abroad including leadership roles in Asia and Latin America.\n\nWe are very pleased to have Novo join our Board of Advisors. We greatly value his experience in building and leading Fortress Investment Group. He and our other deeply experienced advisors will be working with us towards institutionalizing ourselves as our talented technologists build out the AirSwap platform.\n\n\nPhoto Credit: Rick Wilkins | Reuters\nNovo is a member of the Federal Reserve Bank of New York’s Investment Advisory Committee on Financial Markets and is a graduate of Princeton University. Novo will help AirSwap bring institutional players into the platform, and continue to develop the future of globally available and secure token platforms.\n\nThis announcement comes following the AirSwap Token launch on October 10 where we distributed 150M AST for 119,511.44 ETH. For a full report on the token sale, visit here, and to view our full list of advisor and team bios, here.\n\nTo learn more about AirSwap, sign up for email updates on our website. To stay up to date on AirSwap news and announcements, follow us on Facebook, Twitter, and join the conversation on Telegram.",
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      "author": "cheetah",
      "body": "Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in:\nhttps://www.profitconfidential.com/cryptocurrency/nem/xem-price-forecast-2018-consider-tether-hack/",
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      "body": "Yes, it's time to investigate money to NEM . What's next?",
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      "body": "***Hi @thepeoplesmoney***\nWelcome to the steemit community \nI just upvoted you \nFor more upvotes on subsequent posts, follow me @paragon99",
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      "body": "![download.png](https://steemitimages.com/DQmZKWDJd2QoigVmhsZ5PVjngHDioPRrXQHBeMiTcGo85wr/download.png)\n\n\n\nNEM (XEM) Price Forecast 2018: Consider This Cryptocurrency \nBY JULIAN · NOVEMBER 30, 2017\n\nNEM (XEM) Price Forecast 2018: This Secure Cryptocurrency Has Great Upside\nThe Tether hack threw a major scare in the cryptocurrency world this week. Many are worried if cryptocurrencies are safe at all. Indeed, they are. Don’t let anyone tell you otherwise.\n\nFirst appeared on profitconfidential, from Palwasha Saaim B.Sc\n\nI want you to look past the established industry names for a minute and consider some of the underdogs you’ve missed. Take, for instance, NEM (XEM), which bills itself as a cryptocurrency more secure than Bitcoin and Ethereum. It’s okay if you haven’t heard of it. Read on for more information on it followed by my NEM (XEM) price prediction 2018.\n\nThe Tether hack is one of a dozen cryptocurrency hacks to have occurred since 2009 when the first cryptocurrency, Bitcoin, saw the light of day.\n\nHow can we forget the biggest cryptocurrency hack—the Mt. Gox hack of 2014? Or the DAO attack last year? Or the Bitfinex attack that followed it?\n\nThe reality is that investing in cryptocurrencies is not foolproof, just like fiat currencies. Like bank robberies and cyber thefts are risks we have to accept in fiat currency investments, so do we have to accept cryptocurrency hacks.\n\nBut levels of security certainly vary across cryptocurrencies.\n\nIf you’re an investor looking for secure investment options in the crypto world, NEM coin (XEM) may be of great interest to you.\n\nBut First, What Is NEM (XEM)?\nNEM, popularly identified by its coin symbol, XEM, is a blockchain-based cryptocurrency, just like Bitcoin and Ethereum. What sets it apart from the other two is its extended security feature.\n\nThe founders of NEM used the same technology that went into making Bitcoin and Ethereum, but made it better.\n\nFor reference, Bitcoin was the first cryptocurrency that Satoshi Nakamoto built using the blockchain technology—a technology that decentralizes all business and financial transactions, removing the control of a centralized authority (like that of a central bank in our present fiat currency-based economy) and thus bringing anonymity to the system. (Read more on Bitcoin basics here.)\n\nVitalik Buterin took the same blockchain concept and tweaked it a little to introduce Ethereum.\n\nEthereum brought in the concept of “smart contracts,” with which users could conduct any business or financial transaction, including sending and receiving money or buying and selling anything of value, by creating their custom contracts without the need or intervention of a third party.\n\nThe contracts could be executed on the Ethereum platform and transactions were carried out using Ethereum’s cryptocurrency token, ether. (Follow our Ethereum price predictions and related coverage here.)\n\nFrom there kicked off a wave of hundreds of blockchain-based iterations, resulting in countless new cryptocurrencies making it to the market.\n\nBut unless these alternative cryptocurrencies (or “altcoins” as they are referred to) offered a unique utility, they were sooner or later forgotten.\n\nOne name, however, has continued to stand out.\n\nNEM vs. Ethereum\nNEM took Ethereum’s smart contracts system and further tweaked it to introduce its blockchain-based system of “smart assets”—a similar system but with higher security and higher scalability.\n\nThe probability of an intruder getting into the system is much lower than for Ethereum. On top of that, NEM shuts out spammers from its system.\n\nLikewise, NEM also beats Ethereum on the basis of scalability. While Ethereum can process only 15 transactions per second, NEM can do hundreds more.\n\nIf that’s not enough, the real world applications of NEM (or “use cases,” as they are called) apparently outnumber Ethereum’s.\n\nBut wait, there are more reasons hinting that triple-digit gains in XEM prices are possible in 2018. Read on for my NEM (XEM) price forecast for 2018.\n\nNEM (XEM) Price Forecast 2018: Factors That Could Push NEM Prices Higher in 2018\nIt’s true that Bitcoin and Ethereum respectively take the first and second spot for having the highest market cap amongst all the estimated 1200 cryptocurrencies. But NEM is no less.\n\nWith a market cap of $1.8 billion, NEM sits in the top 10 most valuable cryptocurrencies in the world.\n\nA quick look at the NEM coin (XEM) price chart shows a very obvious uptrend in play. NEM prices have been making higher highs and higher lows since the beginning of this year as investors began to show interest in this cryptocurrency.\n\nIn fact, a comparison of NEM and Ethereum prices shows that XEM has actually outperformed ETH this year.\n\nXEM prices have jumped a whopping 5,600% this year, compared to ETH’s year-to-date climb of 3,400%.\n\nThat’s because crypto bugs betting on NEM’s promising projects in the pipeline have been pouring their money into it.\n\nTop of these is “Catapult.”\n\nCatapult\nCatapult is the next version of NEM’s technology, which is currently in the beta phase. Once it is launched, it is touted to make NEM’s platform even more secure and faster than it currently is.\n\nIn fact, a number of banking institutions are reportedly testing Catapult to consider shifting their financial software technology onto NEM’s blockchain platform. This could serve as a major breakthrough for NEM.\n\nNEM Cold Wallet\nAnother great feature that NEM is introducing to its platform is the “NEM Cold Wallet.” The idea of a “cold wallet” may not be new, but most cryptocurrencies do not explicitly provide this solution to their users.\n\nA cold wallet is basically the offline storage of your crypto-coins so they can never be stolen.\n\nYou have the option to put away your coins—that you have bought for investment purposes and are not likely to use in the near term—in a safety box.\n\nNEM makes it easy for you to create a cold wallet (more of a savings account) on a separate computer, which you must later disconnect from the Internet and put away. This way, your investment remains safe from cyber attacks.\n\nMeanwhile, you can always access your XEM coins lying in the cold storage, from your active computer, since you have your secret passkey.\n\nAs for the coins you need on a daily basis for trading or carrying out other transactions, they are kept in your “hot wallet” (the equivalent of a current account), which is the ordinary NEM wallet on your PC connected to the Internet.\n\nComing straight to my NEM (XEM) price forecast for 2018, I’m seeing XEM coin trading in the range of $1.50 to $2.00 in the coming year, spelling triple-digit gains over 600%. Currently, XEM price is only $0.20 apiece.\n\nAnalyst Take: \nAfter the famous “DAO Attack”—which resulted in an unknown hacker making away with 3.6 million ether—revealed vulnerabilities in the blockchain-based system, the price of Ethereum nosedived. Fears made rounds that cryptocurrencies were unsafe investments.\n\nThe latest Tether hack, which resulted in $31.0 million worth of its tokens being stolen, just heightens those fears.\n\nBut NEM has set out to prove that wrong by creating a more secure alternative to Bitcoin, Ethereum, and many other blockchain-based systems.\n\nBut wait, there’s more.\n\nNEM’s latest initiatives to project its platform as a secure alternative to Bitcoin and Ethereum spell a bullish NEM (XEM) price forecast 2018.\n\nThe founders are now also working on creating their own NEM exchange to allow their growing user base to trade their XEM coins securely. This could further reduce the odds of losing your money to hacks, most of which are perpetrated on centralized cryptocurrency exchanges. NEM investors will surpass these ordinary cryptocurrency exchanges to buy and sell XEM coins on a dedicated exchange.\n\nWith all these positives in play, I’m seeing NEM prices soaring past the $1.00 mark very soon.",
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      "author": "kr-tv",
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