Day: February 28, 2018

Confronted with big federal funding reductions, Berkeley, California, is turning to crypto token-based funding for services like affordable housing.

A lot of things are happening across the cryptocurrency markets as of right now. Even though most of the top cryptocurrencies are suffering from small losses in the past few hours, others are bucking the trend successfully. One of the currencies a lot of people are interested in is OmiseGO. More specifically, the OmiseGO price is surging as of right now, as it has surpassed the $20 mark once again.

OmiseGO Price Surges Ahead Nicely

Similar to most other cryptocurrencies and digital assets, the year 2018 has been a mixed bag for OmiseGO so far. After last year’s insane gains – which pushed the OmiseGO price all the way to nearly $26, things have fallen apart in the early weeks of 2018. More specifically, we have seen the OmiseGO price drop down all the way to $8.12 in quick succession, which is never a good sign.

One golden rule in cryptocurrency is how every dip presents a new buying opportunity for investors and speculators. In the case of the OmiseGO price, people who managed to buy in at this recent dip have made some healthy profits over the past three weeks. As of right now, we are looking at an OmiseGO price of $20.16, which is not that far removed from the currency’s all-time high, all things considered.

Thanks to a solid 6.89% gain in USD value, the OmiseGO price is slowly surging back to its previous levels. This rise is also made possible thanks to a 7.94% gain in BTC value and an 8.9% increase in ETH value. With OmiseGO rising across the board, it will be interesting to see how high the price can go before the momentum turns around. After all, volatility is still a very big threat in the world of cryptocurrency right now, and that situation will not change anytime soon either.

With $147m in 24-hour trading volume, things are not looking all that bad for OmiseGO as of right now. Especially when considering how all currencies see less trading volume throughout 2018, this currency isn’t doing all that bad. There is always room for more trading volume in any cryptocurrency market, but for now, we will have to endure the current trend. Things will pick up again eventually, though.

Binance is the largest exchange for trading OmiseGO as of right now. Its OMG/BTC pair is well ahead of Upbit’s OMG/KRW and Ethfinex’s OMG/USD pairs. Bittrex and Huobi complete the top five, followed by Binance’s ETH market for OmiseGO. It seems there is no real arbitrage opportunity between these trading platforms as of right now, even though there are small differences to take advantage of for those willing to take the risk.

The way things look right now, it is evident the OmiseGO price may very well gain a few more dollars during the day. At the same time, the overall cryptocurrency market sentiment is still a bit bearish. Whether or not OMG cna escape this vortex moving forward, is a question no one can really answer right now. With a value of $20, the OmiseGO price is in a good place right now, but maintaining this positive trend will not be easy.

You’ve heard of the scheme, seen the tweets, and been smart enough not to send cryptocurrency in the promise of receiving more back. The Twitter crypto scam, in which fraudsters impersonate the accounts of exchanges and influencers, is as simple as it is pernicious. While the odds of anyone falling for these scams is remote, they’re spoiling crypto Twitter for everyone – and Twitter is to blame.

Also read: If You’ve Been Scammed Out of Cryptocurrency It’s Probably Your Fault

Did You Hear the One About the Special Giveaway?

“Big news from the Poloniex team today!” tweeted the U.S. exchange on Monday, announcing its acquisition by Circle. The first response to the tweet was as predictable as it was pitiful: “We аre joining Circle! To commemorаte, we’re giving аwаy 2000 ЕТΗ,” wrote “Palooniex”. “To pаrticipаte, senԁ 0.3-3 ЕТΗ to our аԁԁress below аnԁ get 3-30 ЕТΗ bаck. Hurry!”

It’s easy to get mad at scammers for perpetrating these sorts of frauds, but the real blame lies with Twitter. Scammers gonna scam after all; it’s up to the platforms to combat their attempts to ruin the service for everyone else. These fraudsters effectively serve as pen testers, seeking weaknesses to exploit for their own personal gain. The frustrating thing is that thwarting them would be a simple fix, but Twitter either doesn’t care or has bigger fish to fry, and thus the scams continue unchecked and unabated.

Scamming Is Social Arbitrage

Some people view these low-level scams as a form of social arbitrage: taking crypto from the stupid and redistributing it to the smart. It’s true that it takes a particular level of stupid to send money to a stranger because they promise to send you more in return. But even for the majority of crypto users who don’t fall for these scams, they’re still ruining crypto twitter. Reading the replies to tweets from verified users is now pointless because they’re filled with begging rather than comments which add to the discussion. It’s also getting tiresome having to read repeated tweets from crypto influencers stressing that they have not and never will be giving away free cryptocurrency.

There is a number of solutions Twitter could implement to combat the practice, none of which would require extensive effort on their part. For one thing, they should make it impossible for an account to post a reply to an account they have already blocked. At present, crypto figures are unable to view the scams being perpetrated in their name because the fraudsters block them in advance. The second thing Twitter could do is prohibit accounts from creating a similar combination of avatar and username. Creating an account with the username “palooniex” should not in its own right be grounds for concern, but doing so in conjunction with the same Twitter avatar as Poloniex should be.

Twitter is so broken right now that someone succeeded, this week, in obtaining a verified account for Justin Sun. The fraudulent account mimicked the Tron founder right down to the blue tick and then proceeded to promise free crypto to all via a TRX airdrop. There was just one catch: participants first had to send him some cryptocurrency. Like most organizations that gravitate from nimble startup to hulking corporation, Twitter is a victim of its own success. Back when it was a nimble speedboat, it could adjust its position on the high seas with ease. But now that it’s an oil tanker, making the same maneuver takes aeons. And all the while, the scammers and fraudsters keep mounting up.

Do you think Twitter is to blame for failing to crack down on scammers? Let us know in the comments section below.

Images courtesy of Shutterstock, and Twitter.

Need to know the price of bitcoin? Check this chart.

The post Scammers Are Ruining Crypto Twitter and Twitter Is to Blame appeared first on Bitcoin News.

Having tested $11,000 this morning, bitcoin could close the month on a positive note, chart analysis indicates.

The cryptocurrency space is on fire and everyone is looking to get a piece, but sifting through the madness can be a challenge.

Cryptocurrencies have officially returned to a full-blown-frenzy.

Everyone is trying to get a piece of the crypto-pie. Corporate coins, government coins, and even commodity coins are flooding the market on every level, and investors are scrambling to sift through the madness.

But not all coins are created equal. Knowing which cryptocurrency is worth the investment can be tricky.

Adding to the confusion are companies making big promises to investors with no more than a whitepaper and a dream.

Assets are important in this race. It doesn’t matter if a company is planning to build a billion-dollar crypto-mine or wants to build a portfolio of hundreds of cryptocurrencies – if they have nothing, there’s no reason to invest.

Savvy investors are looking to companies with skin in the game, companies like HashChain Technologies (TSX: KASH.V, OTCMKTS: HSSHF).

Not only does HashChain already have mining rigs, they’re building up an array of assets within the space, beginning with the acquisition of Node40 which is poised to revolutionize the sector.

And the best part? Investors can gain exposure to HashChain’s stunning array of assets with a single call to their stockbroker.

But HashChain’s promise doesn’t stop there…

Here are 5 reasons HashChain Technologies  is poised to take over the crypto-world.

#1 – Cryptos Have Huge Upside Potential

Over the past year, cryptocurrencies have seen incredible gains, with the sector averaging 20,000 percent price increases.

The mind-blowing growth of the crypto-sector has minted its share of millionaires, even leading Forbes to publish the very first “Crypto-Rich List.”

Despite media claims suggesting that the bubble has burst, cryptocurrencies still have tremendous upside potential, and HashChain knows it.

Cryptographically secure, transparent, and globally available, cryptocurrencies are poised to give cash a run for its money.

Even governments are racing to get in on the action. Arizona is already preparing to accept tax payments in bitcoin, and other states are sure to follow suit.

But right now, there are so many cryptocurrencies drowning the market, it is difficult for investors to gain their bearings. It’s true – the cryptocurrency does matter. Each coin serves its own purpose, runs on its own technology, and ultimately, these factors will determine a coin’s value and impact on markets.

That’s where HashChain comes in.

In addition to mining DASH, bitcoin and bitcoin cash, three of the markets’ most innovative and top performing coins, HashChain is carefully considering other coins to pursue in the future. And with the mind-blowing gains seen in 2017, investors can expect the potential exposure to these expertly chosen cryptos to pay off.

#2 – Mining that Matters

2017 was certainly a good year to be a cryptocurrency miner. Profits hit the $2-billion mark for bitcoin miners at beginning of 2017, but by the end of the year, during the surge in prices across the board, total profits generated soared to $50-billion. That’s a 2500 percent increase in profitability in just one year.

Investing in a crypto-miner is a lot like investing in traditional miners, except crypto-miners have a much larger profit potential.

Gold mining, for example, only returns an average 11 percent, while cryptocurrencies are seeing huge returns, averaging 20,000 percent.

Currently, HashChain is operating 100 dash mining rigs in their Vancouver location, which enjoys cheap and environmentally sustainable electricity from nearby hydropower dams, and another 770-brand new bitcoin mining rigs are being set up at this very moment.

But HashChain’s ambitions don’t stop there.

Using cash on hand and profits generated from mining, HashChain is planning an aggressive expansion strategy, aiming to grow into a 40MW operation, consisting of approximately 26,500 mining rigs by the end of the first quarter 2019. And, in the process, begin mining other handpicked cryptocurrencies, as well.

What’s the point of mining other currencies if Dash and bitcoin are performing so strongly, you might ask?

Over time, mining difficulty increases, leading to smaller profits and less return on investments.

HashChain is looking towards the future. Understanding that both the popularity of coins and the profitability of coins could change at any time, they are looking to avoid the inevitable before it becomes necessary. Not only do they aim to dodge the bitcoin bullet but capitalize on the potential growth of up and coming cryptos.

This could make HashChain one of the largest and most diverse crypto-miners on the planet.

HashChain Technologies, according to CEO Patrick Gray, gives investors the opportunity to profit from a volatile market, “that they can’t take advantage of themselves.”

In addition to HashChain’s huge mining operation, they will be running a Dash masternode. These masternodes are essential in the Dash ecosystem. They perform specialized transactions like InstantSend and PrivateSend, which set Dash aside from other cryptocurrencies.

Most importantly, the masternodes earn 45 percent of each block reward split between all nodes, providing the owner of the masternode a 7 percent yearly return on investment – a steady source of income for the owner.

#3 – Wall Street Exposure

As the cryptocurrency craze reaches a full-blown frenzy, Wall Street has definitely taken notice. Institutional investors, however, have favored more traditional platforms over investing directly in cryptocurrencies.

Blockchain pivots and cryptocurrency adoption by listed companies have proven to be huge investor magnets, with some companies surging by nearly 400 percent after adding “blockchain” to their name.

And these aren’t all small companies.

Retail giant Overstock.com saw a 30 percent boost in share prices after announcing an ICO for one of its blockchain subsidiaries, and Kodak, a household name in the United States, saw its share price nearly triple after announcing the KodakCoin.

The most surprising, and maybe even humorous pivot, however, was Long Island Iced Tea’s name change. After renaming itself to Long Blockchain and announcing the potential acquisition of new blockchain projects, its share prices soared by 183 percent.

New crypto and blockchain companies are exploding onto the market, as well. OTC listed First Bitcoin Capital saw an insane increase of 6000 percent YTD before trading was temporarily suspended by the SEC.

It’s clear that investors have been infected by the Fear Of Missing Out – but they’re still not quite sold on the loosely regulated nature of cryptocurrencies.

That’s why HashChain is poised to garner a lot of attention in the coming months.

With plans to build a diverse mining ecosystem, HashChain will allow investors to gain exposure to the growing crypto-space without getting burned if one currency takes a nosedive.

#4 – Bringing Order to the Crypto-Space

In a recent report, it was revealed that almost no one is paying taxes on cryptocurrency earnings.

It’s estimated that over 7 percent of the population in the United States has made taxable gains on their cryptocurrency holdings, yet only 0.04 percent of U.S. tax filers actually reported any earnings or losses to the Internal Revenue Service. And it’s almost understandable.

The process to calculate cryptocurrency earnings is beyond difficult. With cryptos reaching all-time-highs in late 2017, followed almost immediately by 50-80 percent losses the very next month, would-be taxpayers simply do not know what they owe.

Even tax professionals are struggling to keep up.

But, HashChain is already looking toward the future.

With its recent acquisition of the assets of Node40, a blockchain solutions company, HashChain is at a particular advantage in the space. Node40 offers the most sophisticated crypto-tax software on the market.

In such a complicated sector, it can be hard for investors to track their gains and losses, but with Node40’s software, users simply enter their blockchain addresses and the program does the work for them.

The software tracks, add value to and totals each cryptocurrency transaction on a user’s blockchain, which will dramatically simplify the entire process.

With this revolutionary software, HashChain has a leg up on its competition.

This acquisition not only puts HashChain ahead of the pack, it brings regulation into the hands of the crypto marketplace rather than from pressure from governments.

#5 – The Crypto Dream Team

HashChain Technologies is special. They have some of the brightest minds in the game, and with years of experience in the sector and hundreds of millions of dollars’ worth of deals under their belt, it is fair to say that the team is battle tested.

Patrick Gray, the CEO of HashChain, is a computer whiz who has mastered the art of the deal. Primarily involved in the tech industry, Gray knows the space through and through.

Patrick’s very first startup successfully sold for over $200-million, and that was just the beginning. Since then, he has been involved in a number of high-profile deals, and with his extensive tech know-how, investors would follow him to the end of the earth.

Sean Ryan is another expert in the field. As CTO of both HashChain and Node40, he is widely regarded as an industry leader in the development of blockchain infrastructure services and cryptocurrency accounting. Under Ryan’s technical guidance, HashChain is prepared to scale significantly to meet the demands of the growing blockchain industry.

HashChain’s Chief Strategy Officer, Perry Woodin is a cryptocurrency guru. As a Dashboard member, one of the top cryptocurrencies in the market, Woodin is as connected as they come.

Not only that, he has changed the way people invest in and profit from blockchain-based networks.

As the founder of Node40, Woodin created an entirely new way to incentivize network participation that is set to revolutionize the entire sector. His experience in data management and his app development expertise makes him a prized asset in HashChain’s already stacked arsenal.

With this tech dream team, the possibilities are endless.

 **IMPORTANT! BY READING OUR CONTENT YOU EXPLICITLY AGREE TO THE FOLLOWING. PLEASE READ CAREFULLY**

 Forward-Looking Information

Certain disclosure in this release, including statements regarding the performance of the Company’s current and ordered Rigs, and expectations regarding future operations may constitute forward-looking statements. These include that KASH will dramatically increase operations,  that the 5,000 Rigs will be successfully ordered and delivered, the 5,000 Rigs will perform as expected by management and the timing, installation and performance of KASH’s current and ordered Rigs will be consistent with management’s expectations; that mining capacity will increase to 8.7 MW; that KASH will utilize its committed Montana facility space and increase capacity to mine 20 MW;  that KASH will hold a diverse portfolio of cryptocurrencies through mining and otherwise; and that KASH’s software can become part of a regulatory push for regulation of cryptocurrencies.  The forward-looking statements in this release are subject to numerous risks, uncertainties and other factors that may cause future results to differ materially from those expressed or implied in such forward-looking statements. Such risk factors may include, among others, the risk that the 5,000 Rigs will not be successfully ordered or delivered from the manufacturer or, if delivered, not when expected by management, and the risk that the Company’s current and ordered Rigs will not perform as expected by management or that expected capacity is not achieved; that KASH may not earn cryptocurrencies through mining and may not be able to purchase them;  risks related to changes in cryptocurrency prices, and the profitability of mining them; that cryptocurrencies will not increase in use as expected; the under-estimation of personnel and operating costs; that KASH will not receive required regulatory approvals for building new facilities, using power, or other aspects of its business; that cryptocurrency regulators don’t accept KASH’s accounting and other solutions; the availability of necessary financing; permitting of businesses that KASH intends to invest in; general global markets and economic conditions; uninsurable risks; risks associated with currency and cryptocurrency fluctuations; risks associated with competition offering better or cheaper solutions, attracting away employees or using tactics to drive out competition; risks associated with changes in the financial auditing and corporate governance standards applicable to cryptocurrencies; risks related to potential conflicts of interest; the reliance on key personnel; capitalization and liquidity risks including the risk that the financings necessary to fund continued development of KASH’s business plan may not be available on satisfactory terms, or at all; the risk of dilution through the issuance of additional common shares of KASH; the risk of litigation; the risk that KASH’s management and advisors may not contribute as much as expected to the company’s success; the risk and the risk that cyber-crime may severely damage the value of any or all of KASH’s investments. There may be many other factors that cause results not to be as anticipated, estimated or intended. Accordingly, readers should not place undue reliance on forward-looking information.

The post The Crypto Miner Revolutionizing the Sector appeared first on NewsBTC.

Circle’s big plans for crypto exchange Poloniex after acquisition include bringing cryptocurrencies and tokens of all kinds under one roof.

Top performing cryptocurrencies in February were DigixDAO, OmiseGO, Ethereum Classic and Litecoin. The biggest losers were Nem, Cardano, Stellar Lumens and EOS. 

Another month has passed in crypto land and it is time to review the winners and losers over the past four weeks. A lot has happened in February and looking back at the top performing cryptocurrencies plus those that have lost out may give us an indication of what is to come in March.

Looking at the bigger picture the entire market capacity for all crypto currencies on the first of February was around $510 billion. At the end of the month it has fallen by almost 9% to $465 billion. The big slump of February 6 created the lowest point crypto market capacity has been since November 26 when it fell below $280 billion. On the up side since then it has climbed back 66% to its current level but not all altcoins have benefited, in fact most of them have lost ground.

The big daddy of cryptocurrencies, Bitcoin, has had a very flat month starting out at $10,300 on the first and ending the month around the same level, just a few hundred dollars higher. The lowest point, again on the 6^th, was a dip to just over $6,100 but it has regained all of its losses since, indicating that altcoins have shed the remaining $45 billion from the total market cap.

February Crypto Winners

Litecoin has enjoyed a very productive month beginning at around $150 and jumping over 20% to end closer to $221. The Litecoin Cash fork and launch of LitePay has enticed investors back into LTC after a long period of decline following founder Charlie Lee’s big selloff.

Neo has made small gains during the past month, beginning at around $130 on the first, falling to a low of $65 in the big dip and recovering well to end 10% higher at $143. Neo platform adoption for dApps is increasing so this altcoin is likely to show slow but steady growth.

Monero has made some ground in February starting out at around $270 on the first and taking a huge drop on the 3^rd to $188 and the 6^th to $149. Since the start of the month XMR has made an 11% gain to finish it at just over $300. It has doubled in value since the big dip and continues to be the anonymous altcoin of choice for traders and hackers alike.

Ethereum Classic has risen from $27 on February first to $36 at the end representing a 33% price hike for the original fork of ETH.

OmiseGO has had an impressive month starting out at around $14.5 and ending on $20.5. The 40% jump makes OMG one of the top performing cryptocurrencies in the top 25 by market capacity.

Zcash is also marginally up on the month trading at $416 from $390 at the beginning of it.

DigixDAO also needs a mention, sitting outside the top 25 at number 30 it has performed extremely well in February doubling in price. Trading at around $240 at the beginning of the month the gold based token has jumped an impressive 108% to end the month trading just over $500.

February Crypto Losers

Ethereum has lost ground in February starting the month trading at around $1,140 and shedding 22% to $890 where it trades on the last day. ETH has recovered from the big dip when it dropped below $600 for the first time since December 12 but could not maintain momentum up to its price at the beginning of the month.

Ripple’s XRP has also lost out this month beginning at around the $1.10 level and falling back to $0.95 at the month’s end. The 14% slide is a surprise since a lot of new partnerships have been announced by the San Francisco based blockchain company but they have not influenced price action in a positive way. Despite greater adoption of Ripple products across the globe crypto traders have remained skeptical with this one.

Bitcoin Cash has slid back in February starting at around $1,450 and ending the month 12% lower at around $1,274. Bitcoin Segwit adoption and Lightning Network integration has depleted the advantage BCH previously had over BTC.

Cardano has been a big loser in February, starting the month at over $0.50 and ending it over 35% down at $0.33. There has been very little positive news out of the Cardano camp and the smaller altcoins need a bit of fomo to drive their price action. ADA remains in the top ten but if the downward slide continues it will not be for long.

Stellar Lumens has also had a terrible month with XLM starting at over $0.50 and ending at $0.36. The fall of over 30% has resulted from a very slow and painful recovery from the big selloff starting in January. Stellar has never reached its early Feb highs and continues its bearish downward trend.

EOS started out well trading above $12 but has slid back throughout February by over 27% to around $8.90 where it currently trades. It has shown a very similar chart pattern to ADA and XLM.

Both Iota and anonymous altcoin Dash have been pretty flat trading marginally lower at the end of the month than the beginning.

Nem has suffered the worst, XEM has slumped this month by almost 50% from just under $0.80 at the start to just under $0.42 at the end.

The fact that most of these altcoins can only be traded in Bitcoin has caused their decline at the expense of BTC which has been pretty stable over the course of the month. To recap the top three performers out of the top 30 market capped coins were Ethereum Classic, OmiseGO, Litecoin and DigixDAO. The biggest losers in February have been Cardano, Stellar Lumens, EOS and Nem.

All figures courtesy of Coinmarketcap.com

The post End of Month Roundup: February’s Cryptocurrency Winners and Losers appeared first on NewsBTC.

Project “Phoenix” it is NOT an ICO!

Phoenix is an autonomous decentralized organization that is based on blockchain technology, ensuring transparency across all the processes. All financial transactions made in Phoenix are processed by Ethereum Virtual machine ― a global decentralized computer that stores information on transactions made within this system. A smart contract enables automated payments and guarantees that rules will apply to all participants equally. Its unique algorithm that allows the users to double their feeding amount in case of successfully completed next round.

Phoenix Yields Constant Streams of Gain

Phoenix is a symbol of cryptocurrency. Phoenix is a simple financial algorithm which is based on Ethereum Smart Contract (ETH) which allows users to make x12 in short term. Once the users join the network, they would receive constant gain.

Moreover, there are no claimed owners or creators of Phoenix algorithm, since it is absolutely open and transparent platform that everyone can read code and conditions. It implies that the platform is independent and nobody can influence contract.

The Successful Start

This contract started just around 7 days ago and successfully raised more than 450 ETH (around 400k USD), which is a big achievement. Both small-scale and big investors participated.

It is to be noted that the members use word of mouth to generate more traffic since the more people join the platform, the more gain the users will get. The platform is witnessing increasing number of members every day and expects to have investors from all across the world.

Edvin Kara, a renowned cryptocurrency analyst said that the launch of the Phoenix clearly shows that it is one of the biggest decentralized crypto projects in 2018.

The High-end Security

Phoenix is controlled by a smart contract technology that acts as a safe keeper of users’ funds because nobody, not even phoenix itself, has any access to users’ personal financial information. The only participants of the system are the users and a decentralized platform.

How It Works

Users receive a contract that works independently while the platform keeps running, and the smart contract will stick to the rules described in it. If users decide to view a smart contract code or audit its activities, they can do so by using Ethereum block explorers such as Ethereum.io.

As far as rounds are successfully completed, a smart contract has no expiration date, which means the users will never stop making their profit. Watch how it works here.

A participant can make a deposit to the Ethereum smart contract at any time, and by doing so he becomes a part of a system. Ethereum smart contract has no fees or additional charges except for the miner’s network commission. The platform has recently closed its successful second round, offering the promised returns to the first-round participants.

The platform claims that the secure, mathematically advanced algorithms will continue to ensure returns till the end of successful rounds. Even if any of the rounds fail to close, those investing in that particular round stand to receive their funds back. However, those from the previous round may end losing out on the final return on investment, which is a small gamble some investors are more than willing to take.

With more rounds in store, the platform looks forward to see many people join the community and earn a quick buck without risking much.

To know more about this project and participate in it, please visit https://www.phoenix.wiki/

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UnicornGo is the newest blockchain game based on Ethereum and Universa smart contract which is going to blow the minds of users with stylish characters design, a rainbow-colored universe and unique opportunity to breed mythical animals based on genetic research. Unlike other online games, UnicornGo features an entirely sovereign magic world, complete with realistic genetics, geolocation, augmented reality, and a dedicated in-game economy as well as combat system. The in-game marketplace where users can buy, sell or exchange their unicorns or find an ideal partner for the birth of the offspring will be supplemented by a genetic laboratory where everyone’s dream can become a reality.

The team of Unicorn Go PTE. Ltd., registered in the Republic of Singapore, is a collaboration of blockchain enthusiasts, experts in different fields with their own talents. Their platform has the power to change the world — everyone’s personal world can be turned into a fairy tale where even people with musculoskeletal disorders can move their unicorns with a power of thought with the help of high-tech neural interfacing!

With UnicornGo’s game servers located in a Research Institute, the unicorn is connected to a neural network, enabling it to learn from every UnicornGo user. The user inputs and feedback are used for further research and development of the augmented reality, game dynamics, and the gameplay itself.

One of the co-founders of UnicornGO just entered into an agreement with the designers from Tesla (they also worked for Rolls-Royce). These specialists will be working with the team to develop gadget designs for neuro interfaces. In the next 3-5 months, they will develop a complete design of gadgets to control unicorns with the mind. The neuro interface itself has already been developed by Basis Neuro, a company that offers advanced solutions in the high-tech industry and known for their rapid delivery. With the help of Basis Neuro and Tesla’s specialists, UnicornGo is set to bring yet another hi-tech revolution.

The main goal of UnicornGo is to create the first truly decentralized game where developers will have minimum control and the community members will be able to monitor any transactions and perform other actions with no third parties involved. The game will have its own inner currency named – for sure! –   CandyCoin built on ERC-20 token. The game features advanced gene-based breeding system by use of CandyCoin currency. This currency provides for the deficit of game resources. Also, it promotes price rise of the assets and makes it possible to enjoy the game.

Users of UnicornGo not only became owners and creators of beautiful mystical animals with very modern and stylish outlook but also are eligible to earn real money growing their pets. Simultaneously, some unicorns will be offered for sale. New ones will appear after the first ones have been bought. The GEN-0 unicorns will be sold based on action principle with the following algorithm:

the starting price is set which will be dropping with time; as soon as the unicorn is bought at a certain price, the next one will be offered at a price which is greater than the purchase price +20% and this new price will be also decreased over time;

• there will be a minimum price which will serve as a threshold. Unicorns willbe never sold at a price lower than that threshold.
• To make the first purchase more appealing, users will be offered an option to color their unicorns’ parts after purchase (by default, unicorns are black-and-white).

The CandyTokens presale stage is going on now and it will be over by the end of February 28. Users purchasing the tokens before the end of pre-sale stand to receive unicorns, land plots, seeds of candy trees and other accessories as a gift. The gift unicorns wield incredibly unique characteristics and look like they bear mostly peculiar genes that won’t be available in the game any time later – GEN-0.

From 28 February unique unicorns GEN-0 will be available to buy with ETH or CandyCoin tokens and the game begins. For buyers with CandyTokens, there will be a special discount of 15% on unicorn priced at $50. The GEN-0 unicorns’ collection is limited to 30000 pets.

UnicornGo project has a big potential interest for gamers, collectors, and investors as well as for ordinary people who want to explore their creativity and include bright colors into their lives. The first batch of players will be able to enjoy a colorful animated version of the game as it is launched.

For more info visit: https://unicorngo.io

The post First Blockchain Unicorns Are Coming Soon appeared first on NewsBTC.

Key Highlights

• ADA price is showing positive signs and is currently trading above the $0.3150 support against the US Dollar (tethered).
• There is a major contracting triangle forming with resistance at $0.3330 on the hourly chart of the ADA/USD pair (data feed via Bittrex).
• The pair may perhaps break the $0.3330 and 0.3360 resistance levels to gain upside momentum.

Cardano price is slowly moving higher against the US Dollar and Bitcoin. ADA/USD is likely to extend gains above the $0.3400 resistance in the near term.

Cardano Price Resistance

There was a steady rise initiated in ADA price from the $0.2900 swing low against the US Dollar. The price made a nice upside move and traded above the $0.3000 and $0.3100 resistance levels. There are many positive signs emerging since the price is now above $0.3250. However, there is a major resistance near the $0.3400 level, which must be breached for more gains.

There was a high formed at 0.33669 recently from where a downside correction was initiated. ADA declined and moved below the 50% Fib retracement level of the last wave from the $0.2948 low to $0.3370 swing high. The downside move was protected by the $0.3000 support. Moreover, the 76.4% Fib retracement level of the last wave from the $0.2948 low to $0.3370 swing high also acted as a support. The current price structure is positive above the $0.3200 level. It seems like there is a major contracting triangle forming with resistance at $0.3330 on the hourly chart of the ADA/USD pair.

The pair must break the triangle resistance at $0.3330 to gain upside momentum. Above $0.3330, the next major resistance is around the $0.3400 level. A proper close above $0.3400 could trigger an upside wave towards the $0.3800 and $0.4000 levels.

Hourly MACD – The MACD for ADA/USD is currently in the bearish zone.

Hourly RSI – The RSI for ADA/USD is just around the 50 level.

Major Support Level – $0.3250

Major Resistance Level – $0.3400

Charts courtesy – Cryptowat, Bittrex

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