Day: October 19, 2017

The price of bitcoin is roaring once again today, rising over $500 on a strong recovery from yesterday’s lows.

Bitcoin Press Release: Tech start-up SISA brings Ethereum blockchain technology to pool investments, offering stability and transparency to backers. The platform Pre-sale starts October 20, 2017.

October 19, 2017, City,Singapore – Ethereum blockchain-backed investment pool fund SISA has announced its token pre-sale dates, and platform intentions. Using blockchain technology SISA will offer individuals a safer, more democratic and transparent medium in which they can back investment pool funds. The platform addresses issues with traditional investment pool funds using ethereum smart contracts. The pre-sale starts on October 20th, 2017 and will run until the 30th of October, 2017.

SISA is a decentralized, democratic investment pool fund which offers its investors many benefits like diversification and access to investment opportunities that would previously been unavailable to due to capital requirements. The tool used for this pool is called Democratic Pool Fund, or DPF. This tool was designed with democracy in mind, and gives each individual increased leverage but at the same time puts the capital allocation decisions in the hands of the backers.

SISA aim’s to mitigate these issues with their revolutionary, democratic pooled fund; an investment vehicle that will give the token holders gain benefits such as Liquidity, diversity and scale,, while maintaining agency in investment decision and capital allocation.

This is achieved by implementing a voting platform through which backers can vote on which projects and companies receive funding. This pooling mechanism is implemented through Ethereum smart contracts, providing transparency and security for all users.

Token holders can register on the SISA platform, after which point backers can propose viable projects in which to fund. The SISA team determines which of these projects fit the fund criteria for risk and diversification. SISA analysts perform research and due diligence on viable investment opportunities. This information is then passed to the platform backers for their own analysis and peace of mind. Bakers can then vote on which project the fund will choose to back. SISA managers will then strategically invest in the most promising/popular idea. Stakeholders can then take an activist role in taking awareness for the project, in addition to taking the accounts management team accountable

Every quarter 70% of the funds profit will be distributed as dividends, token holders can withdraw their dividends via an ethereum smart contract making the process fully transparent and auditable by anyone who has access to the blockchain. Business expert and SISA founder Immanuel Anthony Explains how the decentralized, democratic fund addresses the key issues plaguing the traditional pool investment funds. Stating,

“The problem with traditional pool investment funds is that the fund managers hold all the power over the backers and there is a consistent lack of of direct communication between entrepreneur and investor. We have designed a blockchain-based, democratic platform that eliminates these weaknesses but preserve the benefits that the traditional pool funds offer.”

Investment pool funds have traditionally appealed to seasoned investors and financial professionals but SISA will offer backers a safer and more transparent version in which they can overcome these challenges. SISA Will also ensure that a variety of projects will be available to investors rather than sticking to blockchain related projects. SISA is close to making the revolutionary idea of a decentralized Investment pool fund a reality and offers a great opportunity for enthusiasts and Investors in the cryptocurrency sector.  

A tale of two funds

SISA has plans to operate an additional fund which is set to launch some time next year after the platform becomes more well established. This ‘open fund’ will be primarily aimed at more conservative Individuals. Unlike the closed fund, this fund will will not be tokenized and will focus on more traditional projects outside of the blockchain space. This second fund will be a great opportunity for those individuals who missed the original ICO and who wish to back more traditional projects.  

Official Website Here – http://sisa.fund/
SISA Whitepaper Here – http://sisa.fund/SISA%20White%20Paper.pdf
Follow SISA on Twitter Here – https://twitter.com/sisa_fund
Find SISA on Facebook Here – https://www.facebook.com/SISA.FUND/
Official Medium Blog – https://medium.com/@sisa.fund
SISA Slack Channel Here – https://teamsisa.slack.com/
Telegram Here – https://t.me/teamSISA
SISA YouTube Channel – https://www.youtube.com/watch?v=7lyiFaNhw8s&feature=youtu.be

Media Contact
Contact name: Immaneul
Email: [email protected]
Company: SISA
Phone: 733 732 9997

SISA 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.

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Order has been restored in the world of Bitcoin and cryptocurrency. After a few rough days, the world’s leading cryptocurrency is beginning to see some positive momentum. As of right now, the Bitcoin price is closing in on US$5,700 again. It is the fourth time we have seen an attempt to push the Bitcoin price above US$5,850.

Bitcoin Price Momentum is Still in Place

Few people will be surprised to see the Bitcoin price making another run at surpassing US$5,800 and potentially setting a new all-time high. All previous attempts this week have been short-lived, yet it appears to be a matter of time before we see a solid uptrend. Ever since the BTC price hit US$6,000 briefly, people have been waiting to see that price level become the new floor.

To put this into perspective, we have seen the Bitcoin price surpass US$5,800 several times in the past seven days. The first two attempts were followed by sharp retracements. A third attempt put the Bitcoin price at US$5,791, falling just short of the intended target. Ever since that third run, we have seen a major Bitcoin price correction pushing the price to below US$5,200 in short order.

Ever since that low, however, the Bitcoin price has started to go up again. The latest trend has been a bit slower and far more deliberate than prior ones. Any gain is met with resistance, which is then brought up to create a new platform for future gains. So far, this tactic is working quite well, as it’s elevated the Bitcoin price to a current value of US$5,691. That’s a solid gain of 6.94% over the past 24 hours, although there is still some way to go until we reach US$5,800 again.

Whether or not we will see that value again before the weekend remains a big unknown for now. The 24-hour trading volume for Bitcoin is above US$2 billion once again, which should help move things along over the coming hours. At the same time, we have to keep in mind this volume represents both buys and sells, which means the momentum can head in either direction with a little bit of volume.

Bitfinex is still dominating all other Bitcoin exchanges based on volume alone. The company has generated US$325 million in daily volume followed by bitFlyer with US$181.7 million and Bithumb with US$171 million. All three platforms are more than solid in this regard, as no other company comes even close right now. The entire top five are comprised of fiat currency markets for Bitcoin, which is pretty solid, all things considered.

For the time being, cautious optimism is warranted as far as the Bitcoin price is concerned. Gaining a solid foothold at US$5,700 will be the first big hurdle to overcome. Once that is in place, we may see some more upward momentum in the coming days. With the weekend almost upon us, it is impossible to predict what the future holds, as things usually change quite a bit during that part of the week.

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Cryptolocator has launched an Ethereum-focused trading platform emphasizing safety and convenience. The new marketplace allows users to trade popular altcoins and provides an assortment of ETH trading pairs.

The second most popular cryptocurrency, Ethereum, boasting an over $30 billion market cap, has proved itself as a demanded trading asset. However, the majority of available cryptocurrency trading solutions prioritize Bitcoin and provide rather limited set of options for ETH trading. A few platforms that are attempting to respond to said deficiency are mostly inferior to those of Bitcoin in terms of user experience, security, and accessibility.

Considering the lack of reliable and transparent options offered, Cryptolocator aims to become a go-to destination for international Ethereum and other altcoins trading.

The team behind Cryptolocator is a multinational group of blockchain, fintech, and smart-contracts professionals. Developers from Russia are handling the technical tasks, and the other specialists reside all over the globe from Berlin to New Zealand.

Speed and Convenience

The platform itself is a p2p marketplace, providing its users with a decent degree of freedom in choosing the most convenient terms, whether trading pairs or payment methods. As an inherent value of a p2p system, Cryptolocator platform facilitates direct deals between buyers and sellers, leaving out any middlemen able to affect the speed, transparency, and costs of transactions.

Fraud Protection and Safety

User data and transactions on the platform are protected with several layers of security:

• encrypted SSL connection;
• two-factor authentication;
• protection from DDoS attacks ensured by a leading security provider specialized in fintech projects;
• platform’s code thoroughly audited and verified by independent experts.

In order to protect its users from fraud and adverse manipulations Cyptolocator platform holds both parties’ assets frozen on the escrow until the entire operation is concluded.

An additional leverage to ensure conscientious user attitude is provided by an internal reputation system: each Cryptolocator user has their own rating, as well as the means to rate the quality of their experience with particular traders.

Support and Accessibility

As the issue of unanswered support queries on numerous exchanges and marketplaces persists, Cryptolocator stresses the need for an actually reliable user support. The platform employs a team of competent technical, financial and legal experts able to answer any question timely and comprehensively, round-the-clock, seven days a week.

The question of international accessibility is covered with fully localized English, Spanish, French, Italian, Russian, Portuguese, and Chinese versions of user interface.

Bonuses and Aspirations

Cryptolocator is incentivizing its early users with discounted transaction fees for the first six months of operations. For the community enthusiasts willing to contribute to platform development Cryptolocator will offer a bounty program.

The entire course of project development is split into several major stages. Among the upcoming improvements Cryptolocator developers mention the plans to release mobile apps for iOS and Android, new assortment of trading pairs, infrastructural integration with Ethereum blockchain, and extra merchant functions.

Disclosure: This is a Sponsored Article

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