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ICO Review: DermaVir – Revolutionary Immunotherapy Technology

By
Abel Colmenares Napolitano
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Ico Review: Dermavir – Revolutionary Immunotherapy Technology
Ico Review: Dermavir – Revolutionary Immunotherapy Technology

Genetic Immunity, Inc. is a biotechnology company focusing on the development and commercialization of a revolutionary new immunotherapy technology platform. Their platform supports the world’s first therapeutic HIV vaccine, and a rapid and cost-effective development of a large portfolio of additional vaccines focused on cancer, viral infection, allergies, with a potentially large market opportunity. They are raising funds in their ICO (DermaVir) to seek US FDA or the European Medicines Agency (EMA) guidance on the best path to marketing approval, including Breakthrough Therapy Designation.

Main features

  • Immune therapies designed to boost specific immune response in order to modify or control presently incurable diseases like cancer, viral infections, and allergies.
  • A therapeutic vaccine for the treatment of HIV called DermaVir that is effective in boosting immune response which in turn kills HIV-infected cells.
  • In the next 12 months, they plan to develop vaccines for 8-10 cancer indications, a vaccine against the Human Papillomavirus, Chlamydia, and more.
  • Tokens will be usable on Digital Personal Medicine site and app as a payment method.

Innovations

  • Their technologies support a rapid and cost-effective development of original biologic (as opposed to chemical) products.
  • Product’s specificity, safety, effectiveness, and targeted boosting of the immune system will increase the patient chance of a curative outcome.
  • The Biologics Price Competition and Innovation Act (BPCI) will grant 12 years marketing exclusivity to their products, during which rivals may not launch similar products.
  • Their vaccine technology has been proven in human clinical trials.
  • The audience for their treatment is worldwide (30+ million patients).
  • Post-approval of their products will allow people to live better and longer lives.

Drawbacks

  • No regulatory authority has examined or approved any of the information set out in their white paper.
  • They still have to complete the regulatory paperwork for their products.
  • Their clinical development program is not yet complete.
  • They are not very strong on social media presence.
  • White paper content and explanation is good and complete, but the structure could be much better.

Social media presence

Competitors

There are many ICO platforms that offer solutions to the health industry like Madicalchain and Medichain but there is no one that offers immunological technology like DermaVir.

Token information

  • Token name = DermaVir.
  • Acronym =  DVT.
  • Technology = Ethereum ERC20
  • Max. number of tokens = 20,000,000 DTV.
  • Currencies accepted = BTC, ETH.

Token distribution

  • ICO = 10,000,000 DTV (50%)
  • Bounty program = 500,000 DTV (2.5%)
  • Management (1 year lock-up period) = 4,000,000 DTV (20%)
  • Advisors (6 months lock-up period) = 1,000,000 (5%)
  • Future development (Company Treasury) = 4,500,000 DTV (22.5%)

Funds usage

  • Vaccines Design Team = 19%
  • Salaries = 19%
  • FDA Documentation = 15%
  • Research = 12%
  • Patenting = 6%
  • Reserve = 6%
  • Company operations = 6%
  • Experts fees = 4%
  • Consultation fees = 4%
  • Legal = 4%
  • Travel = 3%
  • Equipment = 2%

Ico Review: Dermavir – Revolutionary Immunotherapy Technology

(DermaVir funds usage, source: dermavir.com)

Pre-ICO

  • Starts = February 20th 2018.
  • Close = May 22nd 2018.
  • Token price = $0.70 to $0.90.
  • Discount = 30% to 10%.
  • Offering = 6,000,000 DTV.
  • NOTE = Prices and bonus depends on buying date.

ICO

  • Starts = May 23rd 2018.
  • Close = June 23rd 2018.
  • Token price = $1
  • Offering = 4,000,000 DTV.

The team

Mr. Viktor Rozsnyay (CEO): a businessman who, during his professional career, has raised more than $10 million dollars in capital for various ventures.

Ph.D. Peter Boros (COO): experienced in biotechnology and served seven years as the Commercial Director of CoOp Inc., a $2 billion retail chain in Hungary.

Additional information

Conclusions

Although DermaVir has many details to adjust in the image (website and whitepaper) of its ICO, it’s still a great project which investors, especially those belonging to the medical industry, can be very interested in. The technology and solutions offered to the medical field can replace and improve the current treatments of HIV, cancer, allergies, among others. If they manage to gain the FDA’s permission and raise enough capital through the ICO, their innovative bio-medicines technology will improve the quality of life for millions of people and could generate good returns for their investors. 

Faceter ICO Review: Surveillance Systems Decentralized Across The Blockchain

By
Fernando Sanchez
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Faceter Ico Review: Surveillance Systems Decentralized Across The Blockchain
Faceter Ico Review: Surveillance Systems Decentralized Across The Blockchain

Under observation, we act less free, which means we effectively are less free.

It was the rogue ex-CIA contractor Edward Snowden who said that. Snowden got into big trouble for leaking classified information, but his actions were partially vindicated when the true scale of US-led global surveillance programs reached the public domain.

Surveillance is a necessary evil, you might argue, a byproduct of the post 9-11 geo-political paranoia. But when the duty to protect becomes intrusive and the laws of privacy are blatantly flouted, the problems start, and individual freedom becomes a token to play with.

Surveillance is big business, with an expected industry turnover of almost $76 billion by 2022. Traditional surveillance relies mostly on CCTV and good old-fashioned leg-work.

The blockchain era has opened up new ways of conducting surveillance, and Faceter is a brand new ICO that proposes the decentralization of surveillance through the blockchain.

Faceter: the first blockchain surveillance system for customers

Faceter intends to enhance electronic surveillance systems through improved facial recognition techniques, real-time image analysis, machine learning, and other measures.

According to its marketing blurb, Faceter is a system that makes smart video surveillance and provides cameras with ‘eyes’ – face recognition, object detection, and real-time video content analysis.

This ICO’s value proposition centers around the provision of a network of miners who will make these services become affordable through decentralization. Its product has a wide range of potential applications, such as the security market, retail environments, etc.

Faceter in figures & quick facts

  • Token name – FACE
  • Total number of tokens issued during pre-sale – 108,000,000
  • ICO pre-sale start date – February 5th 2018
  • ICO pre-sale end date – February 15th 2018
  • Total number of tokens issued during ICO – 300,000,000
  • ICO start date – February 15th 2018
  • ICO end date – March 30th 2018
  • Token worth – 1,000 FACE = 0.0872 ETH

Bonus Program

50%, 40%, 30%, 20% during pre-sale, determined by whitelist position.

20% during ICO, for early contributors only.

The Faceter token

The company will issue its own currency, the Faceter token (FACE), based on Ethereum’s ERC-20 standard.

Once created, the FACE token will be distributed as follows:

  • Free sale – 40.8%
  • Reserve fund – 30.8%
  • Team bonus – 15%
  • Bounty – 0.05%
  • Advisors – 6%
  • Early-stage bonus – 6.9%

The team

Faceter’s website presents a core team of seven people, plus three advisers.

The team members involved in this ICO feature rather impressive backgrounds, from blockchain experts to software developers, UI design, etc.

Social media presence and digital footprint

Here are the numbers for Faceter at the time of writing (Late February 2018).

  • Twitter – 1,800 followers
  • Facebook – 26k followers
  • LinkedIn – 48 followers
  • Telegram – 11k followers

Competition

Faceter is pretty much alone in the blockchain-based video surveillance stakes, as no other ICO currently offers any similar services.

This puts Faceter in a prime position in the market, as no competition means a virtual monopoly at this point in time.

Additional information

Faceter’s ICOBench review

White paper

Consult Faceter’s white paper for more information about the platform, additional features and services.

Conclusion

Video surveillance, face recognition, and other such measures are always thorny issues. As expressed at the beginning of this piece, the boundary between security and privacy is a very fine one indeed.

Faceter offers to enhance video surveillance with machine learning, better face recognition, and a number of other features. While these new capabilities will undoubtedly create a better environment for those watching, the other side may not feel so comfortable about it.

Nevertheless, from a purely ICO perspective, Faceter appears to be doing rather well, as it sold $10m worth of tokens in 20 seconds, according to its website, which is an impressive feat.

https://vimeo.com/254468953

Faceter is, and pardon the pun, one ICO to watch.

ICO Review. Cutting Edge Reviews Of HybridBlock, Saifu, CryptoCities, SMT, Sandblock, Jolyy, Denet, Tomochain, ICOpass, Multiversum, Open Collectors, Blocknubie

By
Simon Cocking
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0
Ico Review. Cutting Edge Reviews Of Hybridblock, Saifu, Cryptocities, Smt, Sandblock, Jolyy, Denet, Tomochain, Icopass, Multiversum, Open Collectors, Blocknubie
Ico Review. Cutting Edge Reviews Of Hybridblock, Saifu, Cryptocities, Smt, Sandblock, Jolyy, Denet, Tomochain, Icopass, Multiversum, Open Collectors, Blocknubie

As John McAfee remains confident that the value of cryptocurrencies will continue to rise through 2018 and beyond we continue to see more ICO’s coming to market. Here are our latest reviews by our team of impartial reviewers.

HybridBlock ICO Review

ICO Review: Saifu – All Currencies, One Account

https://cryptocoin.news/press-releases/launch-of-cryptocities-triggers-race-amongst-early-users-to-discover-location-based-assets-7468/

SMT ICO Review: Connecting Bloggers With Brands Through The Blockchain

ICO Review: Sandblock – A Decentralized Consortium For Brands And Customers

JOLYY TGE – The Blockchain For Fair, Cheap, And Efficient Beauty Services

DeNet ICO Review: Decentralized Web Hosting

ICO Review: Tomochain – Scalability And Security On The Blockchain

ICO Pass Review: Know Your Customer Accelerated Through The Blockchain

Multiversum: Delivering 4th Generation Blockchain – A Crypto Relational Database

Open Collectors Network ICO Review: Blockchain Marketplace For Non-Fungible Tokens

Blocknubie ICO: Helping Startups Board The Blockchain

8 Interesting ICOs To Watch Out For, Weekly Cryptocoin.News ICO Roundup

Altcoins This Week: Another Japanese Exchange Hiccup, And Steven Seagal Joins The Crypto Craze

By
CryptoCoin.News TV
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0

This week in our roundup of all things Altcoin: it’s a recovery week for the Altcoins, Telegram ICO are looking to break past a billion dollars, the Bangladesh authorities hunt crypto traders, Steven Seagal becomes the face for Bitcoiin2Gen, and a Japanese exchange sells coins for free.

Japanese exchange sells coins for free

Zaif, a Japanese cryptocurrency exchange run by the Tech Bureau Corp has been forced to admit that due to a technical glitch that for a short period of time, a wide variety of cryptocurrencies were available at a 0 Yen price and that as many as seven buyers were actually able to make trades. One trader ended up being blocked when he tried to withdraw his Bitcoin purchases. The exchange has come out an apologized and has confirmed that these current events will have no impact on customers.

Zaif is one of the 16 Japanese exchanges that are registered with the government. Zaif’s own parent company was under scrutiny when they were faced with multiple checks last month, due to regulators fearing its vulnerability in a cyber attack. Zaif is not the only Japanese exchange whose vulnerabilities have been exploited as Coincheck had over $500 Million worth of cryptocurrency stolen last month.

Steven Seagal becomes the face for Bitcoiin2Gen

A brand new cryptocurrency launched by an invisible team called Bitcoiin2Gen have somehow managed to secure famous Hollywood actor Steven Seagal as their spokesman for their project.

Their press release was tagged with the statement that “As a Buddhist, Zen teacher, and healer, Steven lives by the principles that the development of the physical self is essential to protect the spiritual man”.

Upon further examination of Bitcoiin2Gen, their whole business model appears to resemble a Ponzi scheme, a scheme that is incredibly prevalent in the world of cryptocurrency these days. Only last month, BitConnect was involved in a huge exit scheme, leaving many investors high and dry and without any money. While it may look like Bitcoiin2Gen are about to pull the same scheme, maybe Mr. Seagal can get a few of his influential Russian friends to convince everyone just how legitimate his new venture is.

Bangladesh authorities hunt crypto traders

Recently, Bangladesh has been desperately trying to enforce a complete ban on cryptocurrencies, though they have had little to no success in the matter. They are not alone in their distrust of Bitcoin and cryptocurrencies as a whole as, back at the start of February, Indian Finance Minister Arun Jaitley said that his country does not recognize cryptocurrency as a legal tender. It is viewed by Jaitley as a medium to fuel the “financing of illegitimate activities”.

So it seems as though Bangladesh have followed suit and have taken an anti crypto stance on the matter as officials of the Central Bank have warned commercial banks to be wary of cryptocurrencies and business related to the used of cryptocurrencies. The Bangladesh Financial Investigation Unit has even started to actively look for traders. An official from the BFIU said:

“There is no way to purchase these currencies legally through banking channels. Cybercrime investigators are working on the matter.”

Telegram ICO looking to break past a billion dollars

Pavel Durov, the founder of the popular messaging app Telegram, has been meeting with a multitude of private investors trying to raise capital for his new currency Ton. He has already been very successful in his rounds, receiving over $850 million. There is considerable hype surrounding the ICO and it is reaching feverish levels with reports of bonuses of up to 80% on any public sale price. Some early investors are already flipping their stakes for a 2x return on their investment.

Round two of the ICO is opening privately and there has been an early estimate that it will take funding to twice the amount raised. There has been a decent amount of skepticism felt by a number of potential investors passing on the chance to participate in the project. Concerns surrounded that fact that the package was light on technical detail and that offers kept changing. Obviously, in some minds, this ICO does not appear to have the stability that is desired by those who are careful with their funds.

A recovery week for Altcoins

This week has shown some mercy to a few Altcoins, allowing them some growth. Ethereum has been in a steady climb over the week and peaked at a respectable figure of just under $1000, before dropping straight after. It was steady for a few days after that but is not slipping a touch, sitting at $829. Perhaps this Ethereum drop was due to the stories that came out of Vitalik Buterin, saying that you could lose your shirt on any of the cryptos. Ripple had some stability over the past seven days, staying between $1 and $1.20, it did not even peak despite the large number of opinion pieces masquerading as news saying that Ripple’s debut on Coinbase was imminent.

Litecoin climbed a bit during the week, reaching a peak of close to $250 likely due to the news about their new payment system Litepay. Waves has had a very strong week, growing by almost 35% of its value and holding it well before dropping just as the week ended. Gold backed Digix-DAO also gained, growing by over 30% across the week. Polymath made its appearance in the top 100, growing and attaining a peaked increase of 65% and now holding at approximately 35%. Nano has been in the dumps recently, getting battered down in price following the Bitgrail fiasco from the other week, it seemed to have found its bottom before climbing by 20% in the last day.

 

ICOS This Week: Bridging Fiat And Crypto, And Is Sharing The New Mining?

By
CryptoCoin.News TV
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0

Sponsored by Multiversum.io – the next generation blockchain

The new generation of blockchain introduced by Multiversum will be a brand new system that features different types of data, related to a multidimensional structure. A huge advantage will be their lighting fast transaction speed, which will be less than 0.2 seconds, transferring funds across wallets at a rate that is among the fastest in the world. The scalability of Mulitversum is also quite attractive, with up to 64,000Tps on a 64 core server, this works out to be 1,000 Tps/core. The already tried and tested model of Proof of Stake (PoS) will be replaced by Proof of Integrity (PoI) a cryptographic proof of server code. The environmental tax and energy consumption of blockchain technology is definitely something that is always in the back of our minds but it soon may be a thing of the past as a Multiversum transaction will have almost completely insignificant cost and will have close to zero environmental footprint.

The Pre-Sale started on March 1st with up to 35% discount. Check them out at https://www.multiversum.io/.

Sharpay: sharing is the new mining

Sharpay is first up in our ICO reviews this week. It is an interesting project that incorporates the sharing of content on social media into their product, providing rewards for people who share media and paying them for doing so. The idea is to add a simple ‘share’ button to websites and much more. The token they are offering for sale is the SHRP token that will have a soft cap of $3 million. There is a minimum investment for this one which will be valued at 0.1 ETH, the crowdsale goes from the 1st of March all the way through to the end of May.

The product, as mentioned before, is a simple concept allows people to be paid simply for sharing things on social media and other social outlets on the web. Provided you are in the system, your wallet will get credited and in the case that you are without a wallet their system will get you onto their program quickly and will create a wallet. Marketeers with content pay up-front for their campaigns ready to roll.

Their white paper sets out exactly their products’ implementation, their diagnosis of the market, and the roadmap forward. From a business plan point of view, their offering is quite impressive and shows that they have put in a good amount of work into the project. As far as the idea itself goes, we think that it has the potential to go far, but it will need to take a dominant stamp on the market for it to work well. They have a great concept and appear to be the first to market, and there are patents pending. If you are going in on this one then it is best to invest in the early stages of the process. There was a 50% bonus in the pre-sale, which has just closed, and the main sale starts at 40% and then steadily goes down. So it is definitely advisable to buy in as soon as you can if this ICO interests you.

Otppay.io: bridging fiat to crypto for merchants

Up next is Otppay, an Omni token platform which is being developed for global payment services. What they hope to do is enable the buying, trading, and payment of major cryptocurrencies and crypto assets. They will be putting up their Omni token for sale, they have implemented a soft cap of approximately $70 million and their crowdsale takes place in April and finishes up in June. They also have a pre-ICO planned which will start on March 5th.

The team for Otppay are located in India but are setting up shop in Estonia. They want to build a complicated crypto exchange that, with the right AI, will become the engine for their business offering. This will give liquidity to numerous trades on the system. Effectively, merchants will be able to take crypto payments, receiving the final amount in fiat currency with no volatility risks. The beauty of this project is that Visa and Mastercard are not in the whole equation.

The whole concept is quite a complicated thing to base your business idea around and the product itself will not be easy to build. There are certainly risks present and we think that there is far more work involved in the ICO than there is said to be. Having said this, if they can execute the idea and mature it into a working model then they are sure to be onto something great. Success is definitely not guaranteed here but if they are to progress their idea into reality then they will be on the money for sure.

Grain.io: backbone of modern work agreements

Last up for this week are Grain.io, who are in the market to change the world of work agreements. Their product is an infrastructure solution that allows companies to process work agreements on the blockchain, all with a built-in instant payment mechanism. Their pre-sale is happening as we speak, and their crowdsale starts on March 1st.They have a hard cap of 4000 ETH, their minimum investment on their pre-sale is 5 ETH and the minimum investment during their main crowdsale will be 0.1 ETH.

This ICO is all about hitting the outsourced labor market specifically, they wish to improve current labor contracts and agreements by implementing a new escrow blockchain solution. In doing so, they will hopefully slash the cost of labor by cutting out the middleman and having the work agreements with employees all organized through Grain. The labor workers will be much better off, as they will have the potential to be paid more now with the spare funds that will be saved through using this process and they’ll never have to worry about late payments again.

The team for this ICO are very strong on tech and are also very solid in corporate business experience. They give off a credible and focused impression, and they have a strong team of advisors behind them. Their social media looks to be healthy enough and they don’t seem to be trying to over-hype their product. From our findings, short-term investment doesn’t look like it will bear much fruit and investments; this ICO is definitely more suited to the long-term. This will be one to stick your money in and sit on for the long haul.

Meet The 26-Year Old Entrepreneur Bringing Securities Lending To The Crypto Economy

By
Sponsored
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Lendinblock
Meet The 26-year Old Entrepreneur Bringing Securities Lending To The Crypto Economy

Lendingblock is the world’s first cross-blockchain securities lending platform for crypto. The platform allows crypto asset holders to lend out their securities to borrowers in the short to medium term, and receive regular interest payments in return. Borrowers can obtain the crypto assets they need without having to buy them outright in the open market.

Lendingblock are on a mission to make crypto asset securities lending simple, safe, efficient, and flexible.

As we work to bring the Lendingblock vision to life, we wanted to share the journeys of the Lendingblock team: where their passion for the crypto world came from, why they founded Lendingblock, and the lessons they’ve learnt along the way. First up is Linda Wang, Lendingblock’s co-founder, cryptocurrency expert, ex-blockchain consultant at Deloitte, and entrepreneur, all at 26.

What were you doing before Lendingblock?
After my first degree, I decided I needed more technical skills and so completed a Computer Science degree at UCL. I then started at Deloitte as an analyst, but I knew I wanted to get into their Blockchain Lab, so I really pushed to get there, doing everything I could to get a transfer. That was my first real working experience of blockchain.

I knew I wanted to step outside the corporate structure, and ultimately be in charge of my own business. My start-up journey really started when I was accepted onto the tech accelerator programme, Entrepreneur First. I went to Entrepreneur First already with the idea for my first business, Lendr, a robo-advised marketplace for UK mortgages.

What did you learn from your first business, Lendr?
Put energy and emphasis into building the hype as early as possible. Getting traction, whether that’s from user testing, feedback or early partnerships is crucial. With Lendr, we focused on getting the product absolutely perfect, with an amazing technical team focusing on scalability from the offset. But we were almost too focused on that, too inward. My advice would be to get your product in front of users straight away.

As a 26 year old entrepreneur, what advice would you give to other young entrepreneurs?
Get feedback from everywhere, and anywhere. You never know the experience that someone might have, and how it might be relevant. And most importantly, if your first business doesn’t work out, get back out there, get more experience, and try again. You need courage to be a business owner.

What do you think defines a successful start-up?
It’s an ongoing journey, so hard to define but if you have a product that customers love and employees who believe in the mission, then you’re on track.

Do you think there needs to be more female voices in the crypto industry?
Yes definitely, we need more women and generally more diversity across the crypto industry. I really believe that there’s more opportunity for diversity than in the traditional trading desk set-up, which is still a very male dominated space. Everyone is anonymous so everyone has equal opportunities. I’ve spoken to mums that are trading crypto after the morning school run. With digital assets you can trade from any location, 24 hours a day. There’s loads of forums out there too, so anyone can join the conversation and educate themselves.

How do we encourage more females into the industry?
To encourage more women we need to have more support groups, and act as mentors to one another. There are traditional angel investment groups for women but we need these in the crypto space too.

In June, I’m speaking at the Women of Silicon Roundabout event, with over 3,000 tech professionals celebrating gender diversity in the industry. I’ve also started a London Blocktech Meetup, it’s not just for women, but through it I’d like to cultivate more diversity. I’m already mentoring one woman, helping her through her start-up journey as she uses blockchain from a healthcare perspective. 

Get involved
The Lendingblock ICO pre-sale goes live on 9th March. To be a part of this exciting project, sign up here, or follow our conversation on Telegram.

Blocknubie ICO: Helping Startups Board The Blockchain

By
Jillian Godsil
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0
Blocknubie Ico: Helping Startups Board The Blockchain
Blocknubie Ico: Helping Startups Board The Blockchain

It is good to find a company that does what it says on the tin, like Blocknubie: block for blockchain and nubie for, well, newbie.

Its CEO, Loughlin Nestor, has worked with startups for many years. In fact, his previous incarnation, Nubie, was a world first, offering the first cloud-based online mentoring system for startups. Founded in 2010, his company worked with thousands of startups, taking them from ideation to full execution. His business model was quickly adopted across both public and private sectors, in Ireland and abroad, as the simplified roadmap approach gave clear definition to startups wanting to move from idea to successful business.

“It is a sobering fact that some 90% of all startups fail.” explains Nestor. “However, the reasons that they fail are not necessarily the technology or the idea, but solvable issues such as business modelling, customer acquisition, and even compliance requirements.

“A startup tends by its very nature to have limited funds, managers, and time.” continues Nestor. “We can make a huge difference in bolting all the services and connecting the best vendors and service supplies. With Nubie we created an ecosystem that helped startups find their way along the roadmap to success.”

Moving from cloud to blockchain was a natural evolution, and now Blocknubie offers an open source platform that acts as a bridge between off-chain organizations, startups, and the blockchain ecosystem.

“We aim to dramatically reduce the blockchain startup failure rate.” says Nestor. “We simplify and automate the startup process and facilitate onboarding of traditional enterprises onto the blockchain. The platform guides end-users towards setting up business quickly and effectively, complemented with a number of DApps to enhance success, structure, and speed.”

Once out of the traps, Blocknubie provides a platform to deploy, manage and scale ideas into sustainable businesses.

In an industry that is moving at breakneck speed, there is comfort to be had with an open ecosystem that can fill in the gaps. For example, the regulatory condition in Europe is still uncertain, with Ireland being slow to lay down rules.

As a former parliamentary assistant in Ireland’s principal chamber, Nestor understands how government and regulatory bodies move. “Slowly.” he says. “Governments around the world are trying to upskill themselves and put in place meaningful legislation that protects people without crushing opportunity.

“As a community, it is beholden on us to assist traditional bodies. We need to explain how this new industry works, explaining the opportunities as well as the potential issues. It is better we help our government make law rather than having regulations foisted from above without clarity.”

Blocknubie is now in the middle of its ICO and is running it from Ireland. “We partnered with a US firm to provide us with due diligence. They are conducting our KYC and AML polices. We are being very transparent in all our compliance. In so much as there are rules, we are following them.”

Blocknubie is also the first ICO to join Pledge 1%, a tech-led philanthropic foundation aimed at incentivizing companies to pledge 1% of profits, time, product, or equity to charitable recipients.

“This fits in well with our worldview.” says Nestor. “We like to build, to help and give back.”

There are six more days left in Blocknubie’s private pre-sale before it moves into pre-sale and full ICO in March and April. The overall hard cap stands at $35 million and things are going well according to Nestor. Good news indeed for Pledge 1%.

 

Disclaimer: Jillian Godsil has since joined the advisory board for the firm mentioned or quoted in this article.

If Satoshi Nakamoto Is Bill Gates, Is Vitalik Buterin The New Steve Jobs?

By
CryptoCoin.News
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0
If Satoshi Nakamoto Is Bill Gates, Is Vitalik Buterin The New Steve Jobs?
If Satoshi Nakamoto Is Bill Gates, Is Vitalik Buterin The New Steve Jobs?

Innovation, a new age revolution, or just radical change: however we choose to describe this phase is irrelevant, as something great is and has already happened. Growth.

Pushing the boundaries of civilization is an innate human trait and both ‘Satoshi’ and Vitalik Buterin, the respective founders of Bitcoin and Ethereum, are on the road to leading change.

In the early days, it was Microsoft that lead the way as the main protagonist of the technological revolution from its inception in 1975, followed soon after by Apple in 1976. Gates grew faster, his company became more valuable and was accepted quicker by the mainstream. Besides mainstream acceptance, we see similar traits currently taking place in the crypto space with BTC. However, as the race matures, new players are being introduced. It was Apple that took pole position, lead by the unmovable presence of Jobs, prior to his death. In 2008, Gates stepped down from Microsoft; in 2008 Apple shares were at $8.40. In the three years post Gates, Jobs took Apple shares to $74. Coincidence?

If Satoshi Nakamoto Is Bill Gates, Is Vitalik Buterin The New Steve Jobs?

 

If Satoshi Nakamoto Is Bill Gates, Is Vitalik Buterin The New Steve Jobs?

Ultimately, most speculators I speak to anticipate that, although Bitcoin is currently valued 10x greater than its running mate, a breakout is envisaged where the potential of Ether and the greater Ethereum platform leaps ahead and potentially laps the current leader in the crypto race, led by the presence of its founder Vitalik Buterin.

But no one knows for sure, which is why we see volatility in these markets, creating historical amounts of trading opportunities. Currently both are suffering from high uncertainty, both sitting near perceived resistance levels, which begs the question: are we on the cusp of witnessing another bull run? Analyse, manage your risk exposure, and ultimately make an educated guess no matter your perception of value growth or decline.

If Satoshi Nakamoto Is Bill Gates, Is Vitalik Buterin The New Steve Jobs?

If Satoshi Nakamoto Is Bill Gates, Is Vitalik Buterin The New Steve Jobs?

By Eliman Dambell

All You Need To Know About The ‘Bitcoin Atom’ Hard Fork

By
Faith Obafemi
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0
All You Need To Know About The ‘bitcoin Atom’ Hard Fork
All You Need To Know About The ‘bitcoin Atom’ Hard Fork

When Bitcoin was introduced in 2009 by an anonymous entity called Satoshi Nakamoto, the innovation was met with great skepticism. Nevertheless, its sporadic growth and increased mainstream adoption has placed it in the world’s spotlight since then. Around 2016, the price of Bitcoin began snowballing, reaching an all time high of over $17,000 in 2017, earning it the name ‘digital gold’.

To allow for the application of new rules, Bitcoin split for the first time around August of 2017, in what is now known as a Bitcoin fork. The first split/fork created a new coin called Bitcoin Cash (BCH) which can be found on exchanges. A cryptocurrency fork simply means changes have been made to the cryptographic makeup or code of a cryptocurrency. It could be upgrades or simply new rules. There are two types of forks: soft and hard fork. In both forks, the chain is split. However, in a hard fork, two new coins are created from the split, examples are Bitcoin Cash and Bitcoin Gold hard forks. While a soft fork, like the Segwit lighting example does not result in a new coin, where, although a split occurs, only one of the new chain is adopted and the other is abandoned.

Since the first hard fork, there have been several others. But, today, we will be exploring all you need to know about the Bitcoin Atom hard fork. Let’s dive in.

All You Need To Know About The ‘bitcoin Atom’ Hard Fork

What is Bitcoin Atom?

Bitcoin Atom is a SegWit enabled forked Bitcoin created to help facilitate digital asset exchange  with on-chain atomic swaps and lightning network. The successful Bitcoin Atom project aims to achieve a better peer-to-peer decentralized digital currency with complete independence from centralized intermediaries, using built-in hash time-locked contracts (HTLCs) and its own HTLC API. With the lightning network, they hope to disrupt exchanges and achieve extremely fast transactions.

At the moment, the team behind Bitcoin Atom maintains an anonymous status, although this does not hinder communications between the team and investors. They can be reached through their website and various social media platforms.

Bitcoin Atom is also mineable, just like Bitcoin (BTC), using the same SHA256 hashing algorithm and the same ASIC mining equipment.

All You Need To Know About The ‘bitcoin Atom’ Hard Fork

Things to know about Bitcoin Atom

Bitcoin Atom, usually abbreviated as BCA was forked on January 24, 2018.

  • Total tokens offered – 21,000,000 BCA
  • Birthplace: block #505888
  • Current value: around 22 dollars
  • Uses SHA256 mining algorithm
  • Adopts a hybrid consensus system (Proof of Work – PoW and Proof of Stake – PoS)
  • Block creation timeline is 5 minutes.
  • Block size remains 1MB
  • Its code is  opensource and available on Github.
  • Designed with atomic swap and lightning network.
  • Supports atomic cross-chain trading.

How to get Bitcoin Atom

There are two ways you can get Bitcoin Atom:

First, you can get the equivalent of your BTC in BCA for exchanges and wallets that support the new coin when the hard fork took place.

Second, you can either exchange Bitcoin (BTC) with its equivalent in Bitcoin Atom (BCA), or you can make a purchase directly from exchanges that support Bitcoin Atom.

All You Need To Know About The ‘bitcoin Atom’ Hard Fork

Exchanges that support forked Bitcoin include YoBit, Exrates and OKEx, and supported wallets are ESR wallet, MyAtom Wallet and Coinomi.

BCA team have a busy and ambitious roadmap on their website. We will wait to see if they will be keeping their word. The prospects of Bitcoin Atom are still uncertain, but it would be wrong to underestimate its capability.

Conclusion

There has been a serious debate on the prospects of forked Bitcoin. Bitcoin cash and Bitcoin Gold have fared well in the crypto market, so let us be optimistic that Bitcoin Atom will follow suit.

Unknown Investor Buys $400 Million Worth Of Bitcoin

By
Ali Raza
-
0
Unknown Investor Buys $400 Million Worth Of Bitcoin
Unknown Investor Buys $400 Million Worth Of Bitcoin

A mysterious investor, who does not believe in half measures, has just bought a staggering $400 million worth of the world’s most popular cryptocurrency, Bitcoin.

Bitcoin’s continued rise and fall

Bitcoin and other cryptocurrencies officially entered the mainstream during 2017 after unprecedented and extreme price increases. Despite these incredible price increases, the start of 2018 was a difficult one for cryptocurrencies, even Bitcoin. Ever since hitting peak prices during December 2017, Bitcoin lost half of its value as governments and regulators all over the world began cracking down on the industry and tightening policy. However, after a difficult first few weeks, cryptocurrencies are starting to look up again, something which has obviously encouraged the mystery investor.

Bitcoin managed to grow by 60% from the first week of February, at which time it was trading at a comparatively sluggish $6,000 per BTC. The cryptocurrency is finally showing signs of recovery as it pushed back to prices over $10,000 earlier this week. This new growth is likely in part due to increased recognition from governments all over the world.

According to the founding partner of Tetras Capital, Alex Sunnarborg, whoever the mystery investor is, they must have decided to capitalize on the Bitcoin dip. In fact, Sunnarborg added that several high-profile investors bought Bitcoin during the dip to gain bigger profits if the cryptocurrency regains its former glory.

The mystery investor

All that is known of the trader is their address, 3Cbq7aT1tY8kMxWLbitaG7yT6bPbKChq64, and that the trader upped their Bitcoin balance from 55,000 to over 96,000 between 9th and 12th February.

The transaction has since become somewhat notorious in the Bitcoin community, as shortly after the transaction was concluded it was shared on social media channels, cryptocurrency-dedicated forums, and major crypto platforms.

According to the president of 360 Blockchain, USA, Jeff Koyen, a transaction of this magnitude is definitely fuel for hundreds of Telegram channels that are mostly dedicated to discussing conspiracy theories in the cryptocurrency industry.

Koyen added that this buy was likely from a Wall Street professional who saw an opportunity during the $6,000 dip.

Considering that Bitcoin is quickly on its way to reaching higher prices again, this mystery buyer will soon be admitted to the exclusive Bitcoin Billionaire club.

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