Day: March 12, 2018

Malaysian central bank rebukes ICO issuer for unauthorized logo use, company responds that no harm intended, wants to better the Malaysian economy. #NEWS

Genesis Mining has been ordered to stop operating in the state of South Carolina, according to a cease-and-desist order released last week.

Exchanging money Uber-style: how a new P2P platform plans to solve the problems of cryptocurrency exchanges. #SPONSORED

PlayHall is an innovative Skill Gaming platform. During the platform development its authors used smart contracts and the blockchain technology, while also following the decentralization principles. Cryptocurrency within the PlayHall platform is a tool for users to monetize their skills, experience, and intelligence.

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One of the biggest advantages of the PlayHall platform is that it takes into account interests of both users and developers. Within the platform, gamers can compete in intellectual games and earn cryptocurrency with every win, while developers get a reliable and effective way of monetizing their product.

Advantages for Developers

The biggest problem that the mobile game developers face today is the difficulty of monetizing their product. It is not just small companies and indie developers who have trouble profiting from their games, but big studios as well. There are only so many popular ways of monetizing mobile games.

The most obvious way of profiting from game distribution is to sell it through app stores. Large investments in marketing are necessary for this way to be successful, but even with them you cannot reach the audience which gives preference to free games as a position of principle.

Another option is distributing games for free and profiting from in-game purchases. At first glance this model might seem to be quite effective, nevertheless it is affected by a considerable disadvantage: in-game purchases often negatively affect in-game balance.

The last popular option is in-app ads. Sometimes developers can profit considerably thanks to good partnership offers. In most cases, however, in-game ads are frowned upon.

Although there are other ways of monetization that can be quite effective under certain circumstances, in most cases game developers use those three methods mentioned above. The PlayHall platform offers developers of mobile skill games a new monetization method, which is free of all the mentioned shortcomings.

On the PlayHall platform gamers play intellectual games for cryptocurrency, while developers and platform authors get a commission from each regular match or tournament. Thus, developers get an opportunity to monetize their games without any problems typical to traditional methods of making profits.

Furthermore, porting a game to the PlayHall platform in itself automatically leads to popularization of the game in the gaming community. Authors of the platform take promoting upon themselves, thus allowing developers to make profit and concentrate on what they are meant to do – to develop new high-quality games.

Advantages for Players

The sole fact of creating a platform which would host hundreds of online mobile skill games is definitely good news for the entire gaming community, for more and more people prefer intellectual games over similar shooters and strategies.

Another important feature of the PlayHall platform is the opportunity for every player to profit from winning games. The growing popularity of the cryptocurrency industry leads to the fact that people seriously start to consider the possibility and even the need to monetize their time.

No popular esport allows making profits from the gaming process unless you are a professional gamer. In PlayHall, anyone willing will be able to play and win cryptocurrency. The distinctive feature of the platform is that it offers skill games as opposed to classic shooters or strategy games, which makes it especially attractive for intellectually savvy holders of cryptocurrency.

Profit, however, is not the only thing that the platform offers to its players. As of today, there are no platforms which would offer all the most successful and popular multiplayer skill games on the market in one place.

Blogger Bitfinex’d hires lawyer Stephen Palley, who says that if he finds Bitfinex is behind threats against his client, “there will be consequences.”

What do you do with excess Bitcoin mining heat? Grow 5 acres of ‘cryptomatoes’ and start a business. #NEWS

TrueEX plans to release a regulated derivatives marketplace for digital assets, while new affiliate True Digital will develop an ETH price benchmark with partner ConsenSys. #NEWS

If you live in the United States or follow the US news, then you have likely heard about the plight of approximately 690,000  Dreamers who according the Washington Post will face deportation when their visa expires if the Deferred Action for Childhood Arrivals (DACA), created by an executive order that was issued during the Obama presidency, is repealed.

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DACA currently protects undocumented immigrants who entered the United States before the age of 16 and who passed a background check from deportation by providing them with a two-year renewable permit for work and education. The current administration is vigorously working to repeal this executive order to support their tough stance on immigration.

The removal of DACA will predominantly impact Latino immigrants, who came to America in search of employment opportunities to support their families both here and abroad. Prior to DACA and other pro-immigration laws that support this community these individuals faced continuous obstacles in documenting asset ownership, economic activity, their citizenship and even their existence in both the US and their country of origin. Without proper verification they were unable to access bank accounts, establish credit or borrow against homes they already owned. This lack of financial validation is what shackles immigrants and marginalized communities as a second-class citizen.

As many in the Latino community face growing uncertainty and risk having their limited rights removed they can no longer put their trust in a system that is working hard to exclude them. This has opened up an opportunity for innovative organizations who care about inclusion, access and supporting communities to provide solutions using blockchain technology.

“Our Latino communities continue to fight for access to financial instruments that empower us in the path for economic freedom.  For too long, we have we been subjugated to unscrupulous predatory marketing programs that restrain our ability to compete on equal footing with the rest of our nation. Technology has become the greatest equalizer for economic growth, and the Latino community is poised to take advantage of every opportunity granted” Luis Alvarado, CNN Latino Political Expert and Uulala Advisor.  

Uulala Goes To Washington DC To Meet With Officials To Help Dreamers

Blockchain technology has the ability to help developing nations, emerging markets and cultural segments within developed economies, like the Dreamers, find solutions to problems that first world nations and documented immigrants often take for granted.

One company that is leading the way by using blockchain technology to support the underserved members of their community and those most impacted by the changes to immigration laws is Uulala. (Pronounced Ooh La La)  

Uulala is a mission-driven organization that facilitates and accelerates the financial inclusion of the under-banked and unbanked population across the Americas. They do this by providing the tools communities need to participate in secure financial transactions, build credit and send remittances as well as access to ecommerce and financial services that were once out of reach.

While Uulala can’t stop DACA being repealed they are working hard to consult on the decision and provide solutions to those who are impacted by continued inequality and limited rights.

As a US-based company with the majority of shareholders being first or second generation Latin Americans. Their fintech app and platform is designed with inclusion at the forefront and their team are motivated by their mission to serve those who have been excluded from the traditional banking system or held back due to their banking status. This blockchain startup has set aside a portion of their token sale for financial education initiatives and will deploy a multilingual financial education platform as users become credit eligible in their system.

“We are at a tumultuous time in history where the Latino community has a lot of fear about what will happen with the US government and US financial institutions and how that will affect their ability to work, save and support their families. Uulala was developed to be the beacon of light or mechanism to sustain and empower a culture that has been cast aside” Oscar Garcia, Uulala CEO.

The United States to Mexico remittance corridor just had the most significant year on record with an estimated $26.1 billion from January to November 2017, according to figures released by the Central Bank of Mexico. The average fee to transfer money to Mexico from Western Union is about $10 as most of these transactions are below $300. In the Uulala system, these transfers will be substantially less and will also count as a financial transaction to contribute to a global credit scoring system as users build their credit profile through active app use. “Remittances are an important source of income for millions of families in developing countries. As such, a weakening of remittance flows can have a serious impact on the ability of families to get health care, education or proper nutrition,” said Rita Ramalho, Acting Director of the World Bank’s Global Indicators Group.

The Latino demographic possesses a $2 trillion GDP in spending power and is one of the fastest growing population segments in the US according to the Pew Research Center. The ability to build trust and bridge the gap from informal to the formal economy for this demographic is no easy task, but adoption and network effects for a platform can provide a seismic shift in how brands interact with this once unbanked market.

Their focus on security, inclusion, access, and service is what will help Uulala develop trust and gain the confidence of the Latino community. Allowing this once excluded demographic the opportunity to build credit, access affordable banking, and improve their living situation. Blockchain technology has the potential to solve many social problems by increasing access, equality and democracy. It is an exciting new era in business that will hopefully continue to create positive change and allow every person living in the Americas equal access to banking.

Additional Information
https://tokensale.uulala.io/

Retired gov’t official said crypto should be banned since it’s too hard ‘to regulate it effectively’. #NEWS

Cryptocurrency mining is perfectly legal in Europe and only subject to standard electricity rules, according to an EU commissioner.

Remember Jarvis, Tony Stark’s assistant from The Iron Man, who gave Tony useful advice, found the right information he needed, and helped him in a difficult moment?  Agree: it’s cool to have a personal assistant for all occasions!

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The team of Russian programmers creates such Jarvis for you.

The project is called SmartO. It is a versatile mobile app that will organize your schedule, make your life more comfortable, easy and fulfill the eternal dream of millions of people: gaining regular profit without any efforts. Learn more about it in the White Paper of the project.

While you are reading these lines, the team continues to develop the application. All works are carried out in accordance with the project Roadmap. The amount of back-end development that usually takes almost a year is already done. You will be able to download a working framework of the SmartO app from the PlayMarket by the beginning of the pre-ICO.

Why anyone can make a pretty penny out of STO tokens?

The team is engaged in the project with full dedication, and its Public token-sale has excellent prospects. According to ICObench experts, the SmartO project deserved 4.8 points out of 5 possible and according to CryptoCafe.tech its rating is 10 points out of 10. We are confident that the SmartO project ICO pre-sale will be completed in a matter of minutes!

 When the SmartO application tokens (STO tokens) are listed at the exchanges, their price will increase ten times according to the experts. This is due to the following factors:

• preliminary demand from investors,
• a very small hard cap – only $8,150,000 (affordable for only 2-3 investors)

So, unsatisfied demand for tokens will be transferred to the exchanges.

Now that you know why STO tokens have such brilliant prospects, you only need to write down the dates of pre-ICO (06 – 15 April) and the Public token-sale (April 26 – May 7) in your calendar.

Pre-ICO and ICO of the SmartO project in a nutshell.

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