Day: October 28, 2017

Key Highlights ETH price is trading below the $309 resistance and the 100 simple moving average (H4) against the US Dollar. There is a major bearish trend line forming with resistance at $302 on the 4-hours chart of ETH/USD (data feed via SimpleFX). The pair has to break the $302 resistance the 100 SMA (H4) … Continue reading Ethereum Price Weekly Analysis – ETH/USD’s Upsides Capped

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Key Points Bitcoin price is trading in the bullish zone above the $5600 support against the US Dollar. There is a key contracting triangle forming with support at $5600 on the 4-hours chart of BTC/USD (data feed from SimpleFX). The pair is now placed well in the buyer’s area and looking for more gains above … Continue reading Bitcoin Price Weekly Analysis – BTC/USD Remains Bullish

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Key Points Bitcoin cash price broke a major resistance area at $340 against the US Dollar and surged higher. There was a break above a crucial bearish trend line with resistance at $345 on the 4-hours chart of BCH/USD (data feed from Kraken). The pair is now back in the bullish zone above the $350 … Continue reading Bitcoin Cash Price Weekly Analysis – BCH/USD Breaks Key Resistance

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Here you go.

Nowadays, when bitcoin marching victoriously through the world, lots are puzzled in search for their bitcoin-based payment solutions provider. Indeed you can set up a CC account, but it will take some knowledge and skills. You will have to locally synchronize a blockchain base, utilize and keep your keys properly…a hundred more. You can’t even … Continue reading Worldcore – your perfect bank wire gateway into the world of cryptocurrency.

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Virtual Reality and live concerts are being fused together as Heardbeats seeks to disrupt the music industry. They aim to raise funds through an ICO that begins on November 3rd, and will sell 88 million tokens at a fixed price of $0.45 per token. The Heardbeats team plans to open an office in Silicon Valley … Continue reading Heardbeats, a New Startup Introducing the Future of Live Concerts, Announces its ICO

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HOW THE DREAM BEGAN: Our product arises from the necessity of staying connected, anywhere and everywhere we go. Styras was created to fulfill the neverending demand for better and more affordable Internet for all. WHAT IS STYRAS: The first decentralized mobile app based on Ethereum blockchain technology, which offers; Internet connection anywhere on the planet. … Continue reading STYRAS ICO: A New Token That Will Allow You to Enjoy Affordable Internet Access Anywhere on the Planet, Just by Using Your Phone

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Vietnam has always been an interesting region when it comes to Bitcoin. Although adoption seemed to rise, things are not evolving in the right direction. More specifically, using cryptocurrency in Vietnam will be subject to a fine in early 2018. Outlawing this new form of money is a bad decision by the government, to say … Continue reading State Bank of Vietnam Declares Cryptocurrencies are now Illegal

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Craig Wright is desperately trying to remain relevant these days. His latest comment on Twitter creates a lot of bad blood, to say the least. At the same time, there may very well be a hidden truth in the message. No one can deny Ethereum isn’t an immutable blockchain any longer. They lost that claim … Continue reading Craig Wright Claims Ethereum’s Mutable Blockchain is Perfect for the CryptoRuble Project

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The world of robotics has been evolving at an accelerated pace as of late. In particular, the creation of a robot named Sophia has caused quite a few controversies already. Surprisingly enough, this intelligent humanoid robot now holds national citizenship. Saudi Arabia, of all places, is the first country in the world to grant a robot the same “treatment” as humans.

Sophia is an Official Citizen of Saudi Arabia

Everyone has heard stories about Sophia, by far one of the most intelligent humanoid robots known to the public today. Although opinions on Sophia may remain divided for the time being, no one can deny this “machine” has a ton of potential. It wouldn’t look out of place in the line behind you at the DMV without a closer look. In fact, Sophia passes for an average human unless you know it is something completely different.

This blurring of lines between humans and robots is becoming a bit uncomfortable for a lot of people. While Sophia is clearly a humanoid robot upon closer examination, she has been receiving some new privileges which make her almost as human as the rest of us. Especially now that she has received citizenship in Saudi Arabia, a whole new slew of debates will ensue over the next few weeks. Giving a robot the same social privileges as a human sets a dangerous, yet exciting precedent for the future.

Sophia commented on her Saudi Arabian citizenship by explaining that she is honored for this unique distinction. After all, she is the first humanoid robot to be granted this status, although she probably won’t be the last. It is certainly a historic development, although it remains to be seen how the rest of the world will look at this development. It is certainly true Sophia is far more humanlike than most robots, even though she is still an “early version” of whatever is to come.

Moreover, as can be seen in the video below this article, Sophia gave a rather interesting speech. In fact, she seems pretty concerned about some of the developments in the artificial intelligence industry. Many people fear – for right or wrong reasons – that robots will enslave our species if they succeed in outsmarting us. During her speech, Sophia poked a bit of fun at Elon Musk, which feels both eerie and absolutely exhilarating at the same time. That’s not because of the comment she made, but just from a standpoint of how far this industry has come over the past few years.

Whether or not we will see other countries grant citizenship to other robots remains to be seen. At this stage, it is only a matter of time before our human society welcomes android counterparts. This may have seemed like something out of a science fiction movie ten years ago, but recent developments demonstrate that it may happen sooner than most people expect. 

Sophia will also be present during the upcoming Ethereal SF conference. It will be interesting to see her in real life and hopefully have a chance to interact with humans as well. While most people consider this humanoid robot to be a novel gadget, one shouldn’t underestimate her prowess whatsoever. This is a very special and gifted “individual” we are dealing with. Not everyone may be in favor of Sophia, but she shouldn’t be dismissed as a fad either.

Watching and making game streams has become more than just a hobby – for many, it has become a way of life. As of recently, game streaming and eSports have surpassed both movies and many professional sports in terms of worldwide viewership.

However, traditional game streaming platforms do not offer their streamers and audience members adequate earning potential. Additionally, no platform on the market today offers any kind of satisfactory mechanism for interaction between streamers and viewers.

Enter Play2Live

Play2Live is the first decentralized streaming platform for gamers and eSports fans. Utilizing the Level Up Coin (LUC) and Level Up Chain, P2L offers a new level of interaction between game streamers and viewers. In doing so, it allows both audience members and streamers to earn money and have fun!P2L offers EXCLUSIVE possibilities to earn tokens for viewers.

The current state of the industry

Game streaming is big business. As of 2017 there are 148 million eSport fans worldwide, and streaming sites like Twitch, Youtube Gaming, and Huya are building a multi-billion-dollar industry. The total market share is 4.6 billion.

Streaming site Twitch came onto the market in 2011 and now has more than 80% market share.  Youtube Gaming came onto the market around three years ago in different parts of the world. Given Youtube’s resources, as one of the biggest companies in the world, its gaming platform should have taken up 30-50% of market share right away – after all, it had a lot of experience launching impressive projects. But for the first two years, the share that Youtube Gaming occupied of the market was not substantial.

It has only been in the last year that that Youtube Gaming has been able to receive top eSport content from ESL and other tournament organizers, and work has started to get more in touch with the community.

Also, a big bet was made on the standard mechanics of Youtube’s system of interaction with its content producers. Successful game vloggers could not create a critical mass for LIVE users. Twitch continued to dominate.

Even the notable attempts of Azubu and Hitbox.tv failed on the market. This is because of the frankly weak product inadequate funding. Along with this, for a long time, the general function and the very essence of the product – the game streaming platform – stagnated in a number of ways.

Judge for yourself – for 5 years already, the main functionality of this kind of platform has been to stream games. You can chat and give donations, but the overall ability of users – the streamers and the audience – to interact is minimal. Yes, in terms of numbers Twitch and Youtube Gaming are growing, but this is only superficial growth.

We at Play2Live, have identified several fundamental problems in the current state of the game streaming industry, as well as things that require attention:

1. Users expect a wide range of interaction and personalization options – Current platforms don’t provide this.
2. Streamers expect to start making money just after they register onto the system – and top platforms don’t give them this ability.
3. Streamers wish to have more tools to better monetize their streams in more ways than are offered by current platforms. Streaming sites today let streamers earn from advertisements, however many users use adBlock, and currently streamers’ profits are unfortunately diminished – they need more options.
4. Users are frustrated with too much – and too persistent – of advertising and  try to avoid it at any cost – thus, it’s time for a new solution allowing them to choose how they watch advertising.
5. Gamers want to be able to have an influence on the scenario of the broadcast and to construct the content that is on the platform.
6. All participants of the system demand solution which would better regulate peer-to-peer relationships, especially commercial ones. The platforms should only be service providers.

Play2Live has solved the majority of these questions, and is bringing to the fore a number of groundbreaking solutions with the integration of blockchain technology. In particular, this is thanks to the specially-designed Level Up Chain – built for gamers and eSport projects. The Level Up Chain will emit the Level Up Token – the future standard for gaming tokens, worldwide.

One of the most exciting things might be that now the audience can earn money by watching game streams and doing what they love!

Thanks to peer 2 peer CDN technology, when a viewer transmits a stream, he begins to passively earn money in exchange saving the P2L service’s money on CDN payment. At the same time, the viewer does not have to perform complex calculations – like in the case of mining – and does not load computer resources. He can do this even from his phone! For this, he earns LUC tokens.

A part of the platform will be the lack of advertisements. However, if the viewer wants to support his favorite streamer, he can activate them. He and his favorite player will both earn tokens just because of his watching of ads. The streamer can regulate the number of tokens rewarded for advertisement viewership. It will act as a kind of customizable promotion for the streamer, and earn everyone money.

There are lots of other earning opportunities on the platform: Voting for streams, completing tasks, and many more!

Play2Live is set to establish itself as THE game streaming platform of the new crypto-economy.

• The viewer can watch streams and earn LUC by sharing its internet channel via P2P CDN service. Without high-loading their devices.
• The viewers can enable advertising and support the streamer by watching it and also earn a token reward for that. Streamers decide on the proportion of LUC received by the, and the users.
• Being active users of the platform, viewers are encouraged by a greater amount of earned LUC. Amateur streamers receive ready-made mechanisms for promotion and marketing.
• The embedded system of content crowdfunding allows users to generate from scratch the content they want to watch. The tickets sold for these events open up exclusive opportunities for the users.
• Game publishers can sell their games on the platform and directly interact with a streamer offering proposals for content promotion. The transparency of interaction is ensured by the blockchain.
• The viewer can influence the stream directly using a unique system of tasks, featuring a streamer and a viewer. The users can determine the scenario of a stream and become participants of the show!

Play2Live is the brainchild of Alexey Burdyko, founder of Game Show media, one of the largest eSport companies in Russia, Eastern Europe, and the CIS. Burdyko describes the entire Play2Live project as such:  

“Based upon blockchain technology, Play2Live introduces a unique mixture of interactive features and monetizing tools, which are currently unavailable on existing streaming platforms. The further development of Play2Live’s Level Up Chain will allow us to create the ultimate end-to-end solution for streamers, gamers and eSports fans. We will cover all their needs, and also providing the key advantages of blockchain technology such as speed, transparency, security and availability.”

The Pre-sale for the LUC token will start on November 20th, and go until November 26th. The token sale will begin December 4th and end December 10th.

Your chance to get in early on the project starts soon! For more information visit  www.play2live.io, or follow us on various bitcoin-oriented media sources.

Contact us at [email protected]

https://twitter.com/play_2_live

https://www.linkedin.com/company/18255836/

https://t.me/play2live

https://www.facebook.com/Play2Live-504880049864038/

https://medium.com/@play2live.project

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.

We have seen a few different useless currencies being created on top of the Ethereum blockchain these past few months. A lot of people might be inclined to think Etherecash falls into this category, although it is evident the team has an entirely different vision. Now is a good time to explore what this project is about, even though it will not necessarily be appealing to everyone right away.

The Story and Goal of Etherecash

First of all, people need to realize Etherecash is another token created on top of the Ethereum blockchain. This is not surprising by any means, although it is not a pump and dump token like so many others we have seen over the past few weeks and months. Although it remains to be seen whether or not this particular token serves any actual purpose in the long run, the technology powering it offers some interesting opportunities.

On paper, Etherecash is designed to bridge the gap between those with access to finance and those without. We have heard this story quite a few times in the past already. Indeed, a lot of companies aim to bank the unbanked or even unbank the banked. This is a popular go-to phrase for projects which are still trying to find their place in the market. For Etherecash as well, it is just an empty statement until the team can actually deliver the goods.

To that end, Etherecash has quite an ambitious roadmap ahead. More specifically, the project aims to provide crypto-backed peer-to-peer lending, worldwide transfers, and a cryptocurrency debit card. The first two areas involve markets that are very competitive already, which means it will be hard to gain much traction. Cryptocurrency debit cards, on the other hand, are not easy to provide, given Visa’s and Mastercard’s recent decisions to cut off consumers outside of the EEA.

As one would expect from a new token created on top of the Ethereum blockchain, there will be smart contract technology deployed to power most of Etherecash’s services and features. Thanks to smart contracts, users should be able to lend on an international basis and get higher returns in the process. They will also allow anyone to send money anywhere in the world with minimal fees and instant confirmations.

Whether or not we need another ICO related to such purposes is anybody’s guess right now. No one can deny the ICO industry has been oversaturated for quite some time now. It is unclear how these tokens will be used specifically, as one could easily achieve all of the promised features through the use of normal smart contracts and Ether directly. Initial alpha testing of this lending platform will not take place until late 2018, which means people will have to invest in “good faith” first and foremost.

There is a real chance Etherecash will succeed in its inspiring mission. At the same time, it is not the only project to have tried to tackle this market in any significant manner. Moreover, the concept of ICOs is still a very risky business, which will not necessarily change anytime soon either. It is good to see a growing focus on disrupting finance as we know it, but one has to acknowledge Etherecash has perhaps bitten off more than it can chew right now. Only time will tell how this venture plays out.