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USD DEMAND SURGE AFTER YESTERDAY BEAR ACTION: ALTCOIN PRICE ANALYSIS AND KEY HIGHLIGHTS FOR 13.10.2017

NEOUSD TECHNICAL ANALYSIS After a spin and horizontal consolidation along our clear resistance trend line and the 20 period MA, sellers took charge and 12.10.2017 candlestick closed as a bear. There is also a long upper wick bouncing off resistance and…

NEOUSD TECHNICAL ANALYSIS After a spin and horizontal consolidation along our clear resistance trend line and the 20 period MA, sellers took charge and 12.10.2017 candlestick closed as a bear. There is also a long upper wick bouncing off resistance and this means we go short today. Place a stop loss above $32 and aim … Continue reading USD DEMAND SURGE AFTER YESTERDAY BEAR ACTION: ALTCOIN PRICE ANALYSIS AND KEY HIGHLIGHTS FOR 13.10.2017

The post USD DEMAND SURGE AFTER YESTERDAY BEAR ACTION: ALTCOIN PRICE ANALYSIS AND KEY HIGHLIGHTS FOR 13.10.2017 appeared first on NEWSBTC.

Inspeer Announces Crowd Sale for its “inspiration through peer to peer” Lending Service

inspeer logoInspeer, the decentralized lending solution for individuals and small businesses, announces token sale, scheduled for 6 November, 2017. Disclosure: This is a Sponsored Article  October 10, 2017, Mahe, Seychelles – Inspeer, one of the few players to recognize the need for revolutionary technology in the financial services industry has opted to introduce additional utilities backed by cryptocurrencies and their underlying blockchain technology. The platform, designed to use cryptocurrency alongside fiat currency for the purpose of peer to peer lending has announced the launch of its upcoming crowdsale campaign.  With the rapid advancement of blockchain technology and a fundamental shift away from

inspeer logo

Inspeer, the decentralized lending solution for individuals and small businesses, announces token sale, scheduled for 6 November, 2017.

Disclosure: This is a Sponsored Article

 October 10, 2017, Mahe, Seychelles – Inspeer, one of the few players to recognize the need for revolutionary technology in the financial services industry has opted to introduce additional utilities backed by cryptocurrencies and their underlying blockchain technology. The platform, designed to use cryptocurrency alongside fiat currency for the purpose of peer to peer lending has announced the launch of its upcoming crowdsale campaign. 

With the rapid advancement of blockchain technology and a fundamental shift away from traditional lenders being the dominant intermediary in the lending industry, peer to peer lending is gaining momentum as the next evolution in the financial services sector. Inspeer has established expertise in creating online financial services within the lending sector for 3 million users in Russia. With their primary operations located in Russia under the LightFin.ru brand, more than 200,000 loans applications were processed within the first year of platform deployment.

 Traditional lending institutions maintain stringent regulatory and loan approval requirements. Consequently, a large portion of the world’s population does not have access to lending services. Immigrants, those without a mandatory minimum credit history, and small businesses within emerging markets are locked out of the traditional financial system. It has resulted in an increasing demand for peer-to-peer lending services.

 LightFin provides customers with short-term online loans while also reducing loan approval time to a mere 1.5 minutes. Inspeer uses a high-quality and robust scoring system to provide a safe, transparent, and reliable lending solution for individuals and small businesses. Based on the success within Russia, Inspeer is scaling their peer to peer platform to reach a worldwide user base.

Inspeer’s Unique Technology

Inspeer’s platform uses loan pipelines and scoring algorithms which consist of the InsCore system and OLAF algorithms. Together, these two components help to effectively execute an assessment of the borrower’s likelihood of repayment as based on more than 20,000 predictors. Additionally, Inspeer’s technology is able to identify fraudsters at the earliest stages of the loan application. Indeed, the predictive algorithm can detect fraud before a loan application is sent.

Inspeer is proud to announce the ICO launch and attract investors who share a similar vision regarding this newest evolution within the cryptocurrency and blockchain technology market.

It is a rare chance that  the lending industry is getting shaken, it is no longer the banks who  monopolize the market. It is going to be a way fairer game for all parties. –  Denis Kabanets, CEO & founder

 ICO

ICO will start on Nov 6 and continue for Dec 6.

 Inspeer is the first customized and decentralized token designed by crypto lending professionals. There is a total supply of 50Mln INSP tokens and available for sale at $1.00 per INSP. For more details visit inspeer.io. Inspeer encourages interested investors to purchase tokens in advance and offers up to a 15% of bonus for investors during the first two weeks of ICO.

 About Inspeer

Inspeer is seeking market expansion within Estonia, Latvia, Spain, UK and more. The essential goal is to create a large, peer to peer financial institution that uses machine learning to solve the prohibitive lending issues within traditional financial organizations. With this in mind, Inspeer directly addresses the needs of the 21st century financial services consumer.

 Inspeer is led by a group of professionals who are experts in online microlending, peer to peer lending, and traditional bank lending. CFO Nikolay Otvechalin is skilled in the development of business plans, financial models, and leadership management for capital investment projects at all stages. CTO Denis Ryabikin has been developing projects for a wide variety of microfinance organisations which vary in scope and complexity. CEO and founder Denis Kabanets is a serial entrepreneur with a copious amount of experience in executive management.

 The advisory team will work closely together with Inspeer’s core team to ensure smooth operations and maximal outputs.

 Ambisafe is Inspeer’s technological advisor for this implementation. Oleksii Matiiasevych, EDCC architect at Ambisafe worked together with White Hat Group to return the hacked cryptocurrencies to their owners. On July 19, 2017, Oleksii followed up a critical vulnerability during the Parity Ethereum wallet Attack and together with the White Hat Group, he ended up saving $1,4 Mln worth of Ethers from the compromised wallets.

Our goal is to make lending  readily available for those who need liquidity and have the ability to repay.  This is achieved by simplifying the process and enhancing both scoring and  predictive accuracy. Conventional lending is outdated and the banks are  losing their competitive advantage within the lending market. Innovative  technology companies now have the opportunity to capture as much market share  as possible. Everyone is fighting to be ahead in the market but I know  Inspeer is well prepared. – Nikolay Otvechalin, CFO

Learn more about Inspeer at –

Follow on Twitter at – https://twitter.com/Inspeer_io
Follow on Facebook at –  https://www.facebook.com/Inspeere/
Follow on the Telegram – https://t.me/Inspeer_io
Follow on Reddit at – https://www.reddit.com/user/Inspeer/
Follow on Medium at – https://medium.com/@Inspeer

Media Contact
Contact Name: Denis Kabanets
Contact Email: [email protected]
Location: Mahe, Seychelles

Bitcoin Boiler Room Wants YOU – Dealbreaker


Dealbreaker

Bitcoin Boiler Room Wants YOU
Dealbreaker
As the ad explains, Bitcoin Boiler Room (actual name) sells a crypto trading service that generates “better than 1% a day on accounts” for investors. All that’s needed now is boiler room operators to man the phones and inform John Q. Public about this …


Dealbreaker

Bitcoin Boiler Room Wants YOU
Dealbreaker
As the ad explains, Bitcoin Boiler Room (actual name) sells a crypto trading service that generates “better than 1% a day on accounts” for investors. All that's needed now is boiler room operators to man the phones and inform John Q. Public about this ...

Yes, Bitcoin Can Do Smart Contracts and Particl Demonstrates How

The Bitcoin blockchain is not
known for its ability to enable smart contracts. In fact, most developers
creating smart contracts use a different blockchain, like Ethereum.

 

But the truth is that the
Bitcoin protocol can be used to create…

Particl Thumb 3

The Bitcoin blockchain is not
known for its ability to enable smart contracts. In fact, most developers
creating smart contracts use a different blockchain, like Ethereum.

 

But the truth is that the
Bitcoin protocol can be used to create smart contracts.
Particl.io, the blockchain eCommerce platform, is doing just
that by using Bitcoin-based smart contracts to manage funds in their trustless
escrow: Mutually Assured Destruction
(MAD) escrow.

 

For Particl, Bitcoin provides
the ideal mix of smart contract functionality — enough to make smart contracts
easy to implement but without the security and privacy risks of a more
complicated platform like Ethereum.

Smart Contracts Overview

A smart contract is an
agreement that can be enforced through a blockchain. Rather than relying on
trust or a legal framework to ensure that each party that enters into a
contract will adhere to its terms, you can use the blockchain to create a
contract that is automatically enforced, between two people, in a decentralized
fashion.

 

Ethereum has become the most
popular blockchain for creating smart contracts. One of the major design goals
of the Ethereum platform was to support smart contracts. From the start, this
set Ethereum apart from Bitcoin, which was created first and foremost as a
digital currency platform.

Smart Contracts on Bitcoin Codebase

As the Bitcoin protocol has
evolved, it has gained support for smart contracts. Smart contract
functionality is not as programmable and extensible on Bitcoin as it is on
Ethereum. However, using features added to Bitcoin through improvement
proposals, certain smart contract functionality can be achieved through Bitcoin
scripting.

 

For Particl, the most
important smart contract feature in Bitcoin is the
OP_CHECKLOCKTIMEVERIFY opcode, which was introduced by Peter Todd as Bitcoin
Improvement Proposal (BIP) 65. The opcode makes it possible to write scripts
that prevent funds in a multi-signature wallet from being spent until a certain
signature pattern is implemented or a certain amount of time passes.

Particl, Smart Contracts and MAD Escrow

MAD escrow is a technique
that effectively prevents fraud in a transaction without requiring the
oversight of a third party. In a MAD escrow contract, a buyer and seller both
place funds into escrow. The seller starts by depositing an amount they want
the buyer to match to symbolize a virtual handshake. This could be between 0
and 100 percent of the item’s purchase price. The buyer then deposits an amount
equal to the handshake amount plus the price of the item they are buying. The
escrowed funds are not released to anyone until both parties confirm that the
transaction has been completed satisfactorily. The technique prevents either
party from profiting through cheating in a transaction.

 

Particl uses the BIP 65
opcode to enable MAD escrow contracts by locking funds in a multi-signature
wallet until all of the parties sign off on the transaction. With this
approach, buyers and sellers on Particl’s ecommerce platform can operate
without worrying about fraud or paying unnecessary fees.

 

They also don’t have to
sacrifice privacy because no third party is involved in the transaction.
Furthermore, and perhaps most significantly, because there is only basic
scripting involved, security concerns are minimal.

 

Particl’s approach to MAD
escrow smart contracts is arguably better than building smart contracts on a
platform like Ethereum. While Ethereum provides more extensible support for
smart contracts, that flexibility comes with a higher risk of security and
privacy threats. The more code that goes into a smart contract, the greater the
risk of introducing a vulnerability that could enable an intrusion.

 

Ethereum might be a strong
foundation for writing very complex smart contracts, or ones in which security
and privacy are not priorities, but Bitcoin provides a simpler and more
reliable scripting framework for the private escrows that Particl requires.

Contributing to Bitcoin’s Future

 

Particl’s choice of Bitcoin
as the backbone for its smart contracts is also a reflection of the team’s efforts
to build a completely private platform on top of the Bitcoin codebase, arguably
the most secure, battle tested and contributed to protocol on the market.

 

There are many dozens of
Bitcoin-based blockchain projects out there, but most are simply building
cryptocurrencies forked from Bitcoin. They’re not taking advantage of Bitcoin’s
potential to create the foundation for a completely decentralized platform that
supports a multitude of DApps and programmable functionality.

 

In this
sense, Particl is helping to ensure that Bitcoin’s future will evolve more than
just creating another cryptocurrency. Privacy enhancements Particl has already
implemented onto the latest Bitcoin codebase such as Confidential Transactions
and RingCT can just as easily be one day adopted upstream to further harden
Bitcoin.

 

The post Yes, Bitcoin Can Do Smart Contracts and Particl Demonstrates How appeared first on Bitcoin Magazine.

Bitcoin Price Watch; Riding High Into The Late Session

In this morning’s analysis, we noted that the bitcoin price had run up considerably over the last 24 hours and that there was a chance we may see some degree of correction near term. We are now heading into the close of the European session (and …

In this morning’s analysis, we noted that the bitcoin price had run up considerably over the last 24 hours and that there was a chance we may see some degree of correction near term. We are now heading into the close of the European session (and the close of the week) and, while we haven’t … Continue reading Bitcoin Price Watch; Riding High Into The Late Session

The post Bitcoin Price Watch; Riding High Into The Late Session appeared first on NEWSBTC.

Cannabis Vendors and Consumers Can Now Use Dash to Power Payments

TheMerkle Marijuana DashIt is evident the marijuana industry can benefit from cryptocurrency and blockchain technology in the future. Although some altcoins have been created to make that happen, most efforts are still small-scale. Dash is trying to make a big impact here, as digital payments platform Alt Thirty Six has turned to Dash as a “payment method of choice” for cannabis customers, merchants, and vendors. This is an exciting venture for the industry and the cryptocurrency community alike. Dash and Marijuana are an Intriguing Experiment There are many reasons why governments oppose both cryptocurrencies and the marijuana industry. Both of these concepts can be extremely

TheMerkle Marijuana Dash

It is evident the marijuana industry can benefit from cryptocurrency and blockchain technology in the future. Although some altcoins have been created to make that happen, most efforts are still small-scale. Dash is trying to make a big impact here, as digital payments platform Alt Thirty Six has turned to Dash as a “payment method of choice” for cannabis customers, merchants, and vendors. This is an exciting venture for the industry and the cryptocurrency community alike.

Dash and Marijuana are an Intriguing Experiment

There are many reasons why governments oppose both cryptocurrencies and the marijuana industry. Both of these concepts can be extremely powerful when used properly, even though they mainly make headlines due to associations with illicit activities. Regardless of what governments may think, digital payments platform Alt Thirty Six is focused on the marijuana industry as we speak. The company also shows some love for cryptocurrency these days, as it has tapped Dash to power cannabis-related payments moving forward.

This new partnership caught a lot of people by surprise, which is only normal at this stage. Up to this point, Dash has not been associated with the cannabis industry in any significant manner, although it makes a lot of sense to explore this option. After all, Dash offers cheaper and faster payments compared to more traditional payment solutions. Additionally, the currency introduces a degree of privacy benefiting both consumers and merchants.

Considering that the cannabis industry is heavily regulated in the US right now, this news is rather positive for Dash and cryptocurrency in general. Alt Thirty Six has been exploring new payment solutions for quite some time now, as it wants to reduce reliance on cash-based transactions for all parties involved. Dash makes a lot of sense in this regard, especially thanks to its InstantSend feature.

Interestingly enough, it seemed to be only a matter of time until this partnership came to fruition. The Dash forum already hosted a thread concerning a potential partnership with Alt Thirty Six. More specifically, there was talk about CannTrade, which is a well-known entity in the cannabis B2B marketplace and distribution chain. This company was looking for third-party service tools to grow sales, and they signed a three-year exclusive deal with Dash Core to list this new method of payment on its platform.

It is important for any cryptocurrency to make headway in the retail sector. Altcoins often struggle in this regard, and even Bitcoin isn’t making too much progress these days either. For its part, Dash is certainly taking some big steps forward. Although the currency is now associated with an industry most consumers still dislike – for reasons unknown – it is a major development in the world of cryptocurrency regardless.

In the end, it will be interesting to see if this new partnership brings more positive momentum to the cryptocurrency ecosystem. Most people agree Bitcoin would be a terrible payment option for the marijuana industry, at least until micropayments become possible. Whether or not Dash is the solution retailers and consumers have been waiting for remains to be determined, though.

Race towards the First “Crypto-Country” in the World

Estonia has introduced various use cases for Blockchain in public services including the voting system and health services, and initially planned to have its own digital currency. Find out about other countries in the crypto-race.

Estonia has introduced various use cases for Blockchain in public services including the voting system and health services, and initially planned to have its own digital currency. Find out about other countries in the crypto-race.

B2BX Raises EUR 5 Million During Ongoing Pre-Sale

b2bx logoBitcoin Press Release: The first cryptocurrency exchange-aggregator B2Bx has reached the soft cup of 5 million during the first week of its crowdfunding campaign. The B2Bx ICO started on October 2nd and will last until November 17th. The minimum cap of 5 million was achieved in the first six days. B2Bx will continue to give bonuses to contributors in the next two weeks. Bonuses will be 10% in the second week and 5% from October 18th to October 25th. Artur Azizov, the CEO of the project is pleased with the current results: “We are glad to see the support that crypto community gives to our

b2bx logo

Bitcoin Press Release: The first cryptocurrency exchange-aggregator B2Bx has reached the soft cup of 5 million during the first week of its crowdfunding campaign.

The B2Bx ICO started on October 2nd and will last until November 17th. The minimum cap of 5 million was achieved in the first six days. B2Bx will continue to give bonuses to contributors in the next two weeks. Bonuses will be 10% in the second week and 5% from October 18th to October 25th.

Artur Azizov, the CEO of the project is pleased with the current results: “We are glad to see the support that crypto community gives to our project. Today when there are more than 800 projects per week entering the market the result we achieved displays how high the assessment investors give to us.”


B2Bx project was founded by B2Broker company, a participant of the fintech market for over 3 years. The biggest part of funds will be spent on developing the software. B2Bx’s product already has a working version which gives anyone an opportunity to evaluate its prospects in practice. The company will be mainly focused on corporate investors which is the main distinctive feature.

Token Details

The B2BX tokens are native to the B2BX ecosystem. Built over Ethereum protocol, these ERC20 compatible tokens serve as a medium of value exchange. The platform has set a maximum token cap of 40 million B2BX tokens, of which 40,000,000 are made available to the crowdsale participants.

The B2BX tokens can be purchased against BTC, BCC, ETH, LTC, DASH, and XMR. Priced at EUR 0.63 per token, the platform will be offering early bird discounts during the first three weeks of the crowdsale. Participants in the crowdsale have to purchase a minimum of 10 tokens, with no maximum limit.

About B2BX

B2BX is an aggregator of cryptocurrency liquidity for marginal trading, trading with physical delivery and distribution of liquidity to brokerage companies. It plans to establish the first official B2B cryptocurrency exchange-aggregator or marketplace, connecting at least 5% of the market of Forex/DMA and Stockbrokers, and give them the opportunity to provide their clients with the trading in cryptocurrencies.

 
Learn more about B2BX at – https://www.b2bx.pro

Access the B2BX Whitepaper at – https://www.b2bx.pro/docs/b2bx_white_paper-en.pdf

Find B2BX on Bitcointalk at – https://bitcointalk.org/index.php?topic=2149935
Follow B2BX on YouTube at – https://www.youtube.com/channel/UC4KhGwIE_hoteTMqNjarBVw

Media Contact
Contact Name: Alexander Karelin

Contact Email: [email protected]

Location: Moscow, Russia

B2BX is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest.

Disclosure: This is a Sponsored Article

Bitcoin Is Now Bigger Than Goldman Sachs and Morgan Stanley – Fortune

FortuneBitcoin Is Now Bigger Than Goldman Sachs and Morgan StanleyFortuneReleased after the financial crisis to potentially supplant the banking powers that be, bitcoin has finally beaten Wall Street — at least in one respect. Thanks to a surge in opti…


Fortune

Bitcoin Is Now Bigger Than Goldman Sachs and Morgan Stanley
Fortune
Released after the financial crisis to potentially supplant the banking powers that be, bitcoin has finally beaten Wall Street — at least in one respect. Thanks to a surge in optimism surrounding the cryptocurrency, the price of bitcoin shot as high ...
One reason why bitcoin may be surging: You can now buy it instantly on one major US exchangeCNBC
Bitcoin just hit a record high. But what is it, and why is it surging?Miami Herald
$5800: Bitcoin Price Hits New Record HighCoinDesk
The Independent -TechCrunch -Futurism
all 249 news articles »

Spice VC Combines Venture Capital With Blockchain Technology

TheMerkle Spice VC BlockchainBlockchain technology can be used in many different ways to serve any purpose one can think of. Until this point, no venture capital firm has itself used the blockchain for any specific purpose, despite investing in companies which do. Spice VC may be the first mover in this regard, as it aims to solve the liquidity problem right now. It’s an interesting concept that warrants a closer look. Spice VC and Blockchain Technology One issue haunting the investment ecosystem is how funds are slowly drying up. While large amounts of money still change hands on a monthly basis, there has been a decline in liquidity. In

TheMerkle Spice VC Blockchain

Blockchain technology can be used in many different ways to serve any purpose one can think of. Until this point, no venture capital firm has itself used the blockchain for any specific purpose, despite investing in companies which do. Spice VC may be the first mover in this regard, as it aims to solve the liquidity problem right now. It’s an interesting concept that warrants a closer look.

Spice VC and Blockchain Technology

One issue haunting the investment ecosystem is how funds are slowly drying up. While large amounts of money still change hands on a monthly basis, there has been a decline in liquidity. In the worst case scenario, this will eventually lead to illiquid markets, which should be avoided at all costs. Unfortunately, that is much easier said than done right now, especially with the situation not having improved in the slightest.

Spice VC feels they have found the answer to this problem, although it is not a conventional solution by any means. Rather, they are looking toward the blockchain for additional liquidity. More specifically, the company will use the Ethereum blockchain as a way to create its own custom token. It is a bit unfortunate to see yet another ICO on the horizon, especially when there may not be a need for it whatsoever.

Spice VC managing partner Tal Elyashiv commented as follows:

“Until now, the privilege of investing in tech was reserved for very few. The new model makes the VC model available and attractive to three huge new investor groups. First, the major institutional investors, which in Europe allocate much less to the VC asset class than in the U.S. Second, thousands of smaller accredited investors which until now could only invest in tech as angels or in crowdfunding sites without any liquidity, and last, a new class of crypto investors looking to diversify into general tech.”

The main purposes of this token are to provide liquidity and serve as a tradable asset. It’s an intriguing combination, albeit not one that can be achieved out of the blue by any means. It is commendable that this firm wants to combine aspects of VC funding with blockchain technology, though. No one can deny there are some intriguing opportunities which may or may not work out in the long run. If nothing else, it will certainly open VC to pre-qualified investments, which isn’t a bad thing.

At the same time, the company has to take regulatory measures into account. This is a fund and not your average initial coin offering by any means. This means Spice VC’s tokens will be considered securities. All regulatory compliance has been taken care of already, meaning US investors must adhere to very specific guidelines in order to be eligible. It will be interesting to see how things play out in this regard, though, as it is the first time we’ve seen a project of this type come to market.

Whether or not Spice VC will be a successful venture is very difficult to know right now. No one can deny the combination of blockchain and venture capital opens up exciting opportunities. However, solving liquidity issues with yet another proprietary token may not necessarily attract the attention this team is hoping for. An interesting future awaits; that much is certain.

indaHash ICO – 130 People Team, 7 Offices and Thriving Influencers Product

indahash logo(NEW YORK, NY) October 12, 2017 – indaHash.com, the global technology platform that connects more than 300,000 digital influencers with a combined reach of 1 billion followers to brands around the world, today announced the launch of their ICO (initial coin offering). The indaHash Coin is a universal cryptocurrency payment structure available to social media influencers, their audiences and brands. indaHash is introducing an ecosystem that enables influencers to create their own cryptocurrencies, which would value the activity of their audience. With the introduction of the indaHash Coin, indaHash will solve a wide range of issues and challenges between influencers, brands

indahash logo

(NEW YORK, NY) October 12, 2017 – indaHash.com, the global technology platform that connects more than 300,000 digital influencers with a combined reach of 1 billion followers to brands around the world, today announced the launch of their ICO (initial coin offering).

The indaHash Coin is a universal cryptocurrency payment structure available to social media influencers, their audiences and brands. indaHash is introducing an ecosystem that enables influencers to create their own cryptocurrencies, which would value the activity of their audience. With the introduction of the indaHash Coin, indaHash will solve a wide range of issues and challenges between influencers, brands and audiences, while allowing their network of global influencers to play a part in the rapidly growing cryptocurrency market. The
ICO pre-distribution will begin on November 8, 2017 and pre-registration for tokens is now open.

indahash growth

Because of a highly structured crypto-economic system, the indaHash Coin has the potential to become the world-standard currency for settling all influencer activities, reflecting the value of this growing market. This ICO paves the way to enable simplified, seamless deposits on an innovative and secure platform, while granting digital tastemakers access to a leading-edge form of payment.  It comes from an international business with a proven product, established track record, healthy revenue and recognizable clients including Coca-Cola, McDonald’s and L’Oreal.

How it works: The indaHash crypto-economic system works between three groups: brands, influencers and audiences.

Brands

  • Brands use indaHash Coin to pay for marketing campaigns with influencers. Because of this, influencers, no matter where they are located, can receive payments immediately, eliminating the 30-60 day waiting periods for payments. As part of a completely new service, “Pay-With-Fame”, influencers will have the possibility of exchanging their earned indaHash Coins for a variety of different offers from brands. For example, influencers will receive early access to limited edition products, as well as events and exclusive workshops. The new feature will change the way brands work with influencers by allowing influencers to receive exclusive discounts on products and services they wouldn’t normally receive. Brands will also benefit from this feature by receiving authentic reviews from desirable trendsetters.

Influencers

  • Influencers, based on indaHash Coin, can create their own tokens and use them to increase their audience engagement by rewards and gamification. They are also able to exchange their tokens for payout, or hold onto them in hopes their value will grow with time based on the cryptocurrency marketplace. Most importantly, payout with indaHash Coin will allow them to be an integral part of the growing and evolving cryptocurrency industry.

Audience (followers)

  • Influencer audiences can use collected tokens and exchange them for exclusive actions set by the influencer for their community. For example, customized prizes personalized by the influencer, one on one meetings and other social activities.

indahash how it works

Barbara Soltysinska, co-founder of indaHash.com commented, “As a business, we exist in the digital realm so it makes perfect sense to open up the platform to transactions in cryptocurrency which is rapidly growing in popularity. With the introduction of indaHash Coin, we want to tokenize the influencer marketing world and create a revolution in terms of brand cooperation and audience development, solving a wide range of issues and challenges between influencers, brands and fan bases.”

Timeline, implementation and distribution of the indaHash ICO:

  • Pre-ICO will begin on November 8, 2017 and will run for 7 days with participants enjoying a bonus for early adoption
  • ICO structure will be built on proven smart contract technology and perform an immediate exchange of indaHash Coins from Ethereum
  • The final number of indaHash Coins created will be determined by how many tokens are released in the ICO
  • 80% of all coins are available during pre-ICO and ICO. A maximum of 18% of the total supply of coins will be used to engage and educate existing and new influencers

At the time of this release, the indaHash app is used by over 300,000 social media users in 70 countries. Twenty percent of the token emission will be used to help educate influencers and motivate them to actively use and fully understand the benefits of the indaHash Coin.

As cryptocurrency gains legitimacy and traction within the global financial market, opening up this form of payment to social influencers allows indaHash to be at the forefront of creating a new business model for the influencer marketing industry and stay highly innovative.

For more information or to pre-register for token sales visit indahash.com/ico.

Whitepaper download: https://indahash.com/assets/images/ico_landing/reports/indahash_whitepaper_ico.pdf

###

Contact:

Allie Maltese

Head of US Communications

[email protected]

908-510-4778

About indaHash:

indaHash – is an international technology platform that automates content marketing campaigns with digital influencers on Instagram, Facebook and Snapchat. It was launched at the beginning of 2016. Since then, the platform has been used to execute over 1000 campaigns in EU, MENA, USA, South Africa, India (in total, over 70 markets) for brands such as Coca-Cola, McDonald’s, P&G, or L’Oreal. The app has over 300,000 registered digital influencers with a total reach of over half a billion followers.

This is a sponsored press release and does not necessarily reflect the opinions or views held by any employees of The Merkle. This is not investment, trading, or gambling advice. Always conduct your own independent research.