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Jacob Salvador, CFO at Bitspace and Blockchain Specialist Advisor Joins Zerocoin – Cryptocurrency for Gambling

Meet Jacob Salvador– Blockchain Specialist Advisor to ZeroEdge Bet  The heart and soul of the ZeroEdge betting concept lie in the successful integration of today’s leading Blockchain technologies, along with the successful launch of ICOs. This is one of the main reasons why we choose very carefully who we select to be part of the … Continue reading Jacob Salvador, CFO at Bitspace and Blockchain Specialist Advisor Joins Zerocoin – Cryptocurrency for Gambling

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Meet Jacob Salvador– Blockchain Specialist Advisor to ZeroEdge Bet

 The heart and soul of the ZeroEdge betting concept lie in the successful integration of today’s leading Blockchain technologies, along with the successful launch of ICOs. This is one of the main reasons why we choose very carefully who we select to be part of the ZeroEdge advisory board.

It is also one of the main reasons why we are so excited to introduce one of the most innovative entrepreneurs and Blockchain experts to you, Jacob Salvador. Jacob has years of experience as an investment professional as well as a tremendous amount of experience in the asset management, private equity, and project finance sectors.

Blockchain technology is becoming increasingly important, not only in online gambling, and Jacob is one of the leading experts in this field. Along with our other expert Blockchain advisors, we are sure that our Blockchain and ICO will be the strongest in the entire online gambling industry.

ZeroEdge.Bet – Revolutionary online gambling platform with 0% house edge games

ZeroEdge is a unique concept set to revolutionize the way you gamble online. Currently, all online casino games come with a house edge, i.e. the advantage that the casino has over you, which varies between 1% to 10% or more, depending on the game. ZeroEdge’s solution – offer games with 0% house edge and give players a completely fair chance of winning. In other words, playing at ZeroEdge.Bet is literally free, you don’t have to pay anything to the casino like it’s with traditional online casino sites.

The most amazing part is that Zerocoin value increases as more people join the world first 0% edge gambling platform. It is all achieved by creating a closed-loop economy in which high demand for 0% games drives Zerocoin’s value up. This model is also known as Metcalfe’s law which was originally invented in 1993 and can be seen in the actual Bitcoin’s price growth. ZeroEdge offers a unique gambling model which potentially could revolutionize the $70 Billion gambling industry. Players won’t be losing money but instead earning from the increasing Zerocoin value.

We have made a survey & asked hundreds of people about their gambling preferences & experiences.  The main finding was that 99 % of them stated that they would choose 0% house edge games to play if such games were available. High demand for the world’s first 0% house edge games will increase the Zerocoin value exponentially. An important task for us will be to educate the players and raise their attention to this beneficial concept.

Zerocoins (ZERO) will be available to investors during an upcoming ICO. Visit https://tokensale.zeroedge.bet to find out more.

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Israel Bars Crypto Firms from Tel Aviv Stock Exchange Indices

Israel’s securities regulator has said that cryptocurrency-related firms may not be listed on the TASE indices due to high volatility.

Israel’s securities regulator has said that cryptocurrency-related firms may not be listed on the TASE indices due to high volatility.

NEO Price Drops Below $70 as Market Onslaught Continues

TheMerkle NEO Price 32.5Albeit there was some initial excitement in the cryptocurrency markets this morning, it seems the momentum has shifted once again. As of right now, all of the top 15 markets are in the red once again, with some currencies even noting rather spectacular losses. Anyone keeping an eye on the NEO price right now will not be too happy with how things are going. NEO Price Takes Another big hit The year 2018 has been absolutely atrocious for most cryptocurrencies. With losses materializing on several occasions already, it has become evident the markets will not relent anytime soon. Whether or

TheMerkle NEO Price 32.5

Albeit there was some initial excitement in the cryptocurrency markets this morning, it seems the momentum has shifted once again. As of right now, all of the top 15 markets are in the red once again, with some currencies even noting rather spectacular losses. Anyone keeping an eye on the NEO price right now will not be too happy with how things are going.

NEO Price Takes Another big hit

The year 2018 has been absolutely atrocious for most cryptocurrencies. With losses materializing on several occasions already, it has become evident the markets will not relent anytime soon. Whether or not that means the entire year 2018 will be a bear market, remains to be determined, though. As we have seen in previous years, the momentum can turn bullish in the blink of an eye. People who are speculating on the NEO price will have to wait and see if things turn in their favor once again.

More specifically, the NEO price has taken another big hit in the past 24 hours. Thanks to yet another 5.8% decline in USD value, we are now looking at a NEO price of just $66.95. It is a far cry from the all-time high of $187.91, as that price point may not be reached again for quite some time to come. With the Bitcoin price getting battered as well, it is only normal all altcoins struggle for traction until the markets catch their breath. Right now, that will not happen anytime soon, by the look of things.

It is also worth noting the NEO price is losing ground in the NEO/BTC department. With the altcoin dropping 5.8% in this ratio, the USD losses by the falling Bitcoin price are only compounded further. Now would be an ideal time for altcoins to decouple themselves from the Bitcoin price, but it seems highly unlikely such a trend will materialize in the near future. Anything is possible in cryptocurrency, but for now, the onslaught continues unabated.

With $131.16m in 24-hour trading volume, the demand for NEO has not slowed down in the slightest. That is a good thing, as a lower trading volume would probably make the NEO price decline even steeper than it is already. This trading volume is rather respectable, even though it is clear for everyone to see the sellers vastly outweigh the number of NEO buyers right now.

With Binance still dominating the NEO trading landscape, we find ourselves in a rather interesting position. Their USDT and BTC pairs remain well ahead of CoinEgg, Bitfinex, and Upbit as of right now. It seems people are intent on exchanging Bitcoin to altcoins and vice versa as a way to increase their overall BC holdings. Whether or not that will result in positive NEO price momentum later today, remains unclear as of right now.

For now, it seems evident there is not much to get excited about when it comes to the different cryptocurrency markets. The NEO price is no exception in this regard, as this downtrend appears far from over at this stage. Even so, every big price dip is a new buying opportunity as well. Whether or not the NEO price will rebound during the weekend, remains highly unlikely. For now, we will have to endure this NEO price decline until things improve. When that happens exactly, is anybody’s guess.

Eligma – Bringing Crypto Transactions into the Mainstream in the First Bitcoin City

Eligma, a Slovenian startup, which is on a mission to transform commerce with the help of AI and blockchain technologies, has made an important reveal this week. The team has announced their plans regarding the crypto transaction system Elipay, which they will start testing this April in the offline retail world. Their testing lab is … Continue reading Eligma – Bringing Crypto Transactions into the Mainstream in the First Bitcoin City

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Eligma, a Slovenian startup, which is on a mission to transform commerce with the help of AI and blockchain technologies, has made an important reveal this week. The team has announced their plans regarding the crypto transaction system Elipay, which they will start testing this April in the offline retail world. Their testing lab is the first Bitcoin City in Ljubljana, Slovenia. This early feature is one of Eligma’s many and is especially promising for early adopters, crypto enthusiasts, and potential contributors, who will now be able to spend their cryptocurrencies for their everyday shopping. Eligma’s first product feature also backs up the team’s promise of a truly usable ELI token, which will be released on April 17th, when Eligma will start their crowdsale with a hard cap of 24 million U.S. dollars.

Entering a market which reached 2.3 trillion U.S. dollars in sales last year, Eligma is being developed to offer simple solutions for problems which are present for all online shoppers. Harnessing the power of machine learning and AI technology, they are building a platform that will save its users time and money by providing them with the best search results, based on the specifications of the product they are looking for online. This will be enabled through Eligma’s discovery feature, with which users will be able to access the plethora of different goods online from one account. Single login will be a unique feature that will simplify the online shopping experience. There will be no need to sign into several online stores to get the price or product comparison because Eligma will provide you with the best deal for your next purchase.

A team of experts and e-visionaries, supported by highly experienced advisors from areas of business development, AI, blockchain, and e-commerce, announced another Eligma’s ambition, which they presented this week. As believers in the future of blockchain technology and cryptocurrencies, they are planning to enable easy crypto transactions through their system called Elipay.

“We are lucky to be partnering with BTC d.d., a company which runs an esteemed Slovenian retail, logistics, business, and entertainment center called BTC City Ljubljana, with over 60 years of tradition. The area which spreads over 475,000 square meters annually attracts more than 21 million visitors. With its unique ecosystem and more than 450 stores, BTC CITY hosts more than 4,000 business partners, which makes them an ideal testing lab, where we plan on testing Elipay and launching the first version of Eligma by the end of 2018,” stated Dejan Roljič, founder and CEO of the start-up behind the idea.

The Elipay system — platform’s cryptocurrency transaction system, is set to enable cryptocurrency transactions for all users, be it online or offline. In their early development and testing phase and during the crowdsale campaign, which Eligma is currently running, the team announced to showcase the usability of Elipay in the offline world in their testing lab – BTC CITY Ljubljana in mid-April.

With a first-stage roadmap and milestones spread over the next three years, the team is planning to develop Eligma into a complete technological solution for resolving the drawbacks of commerce and e-commerce and simplifying the shopping experience. The start-up will be offering an option for early contributors to back the project’s development as soon as March 20th, when their public pre-sale starts.

To learn more about the AI-driven blockchain platform that is about to transform online shopping experience, visit www.eligma.io.

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Bitcoin May See Relief Rally, But Bottom Still Elusive – CoinDesk

CoinDeskBitcoin May See Relief Rally, But Bottom Still ElusiveCoinDeskBitcoin (BTC) may see a corrective rally following losses this week, but it is still too early to call a bottom, the technical charts indicate. The cryptocurrency has spent a better …


CoinDesk

Bitcoin May See Relief Rally, But Bottom Still Elusive
CoinDesk
Bitcoin (BTC) may see a corrective rally following losses this week, but it is still too early to call a bottom, the technical charts indicate. The cryptocurrency has spent a better part of the last 24 hours trading in a roughly sideways manner in the ...

CryptoHawk ICO: Revolutionizing for A Better Future

CryptoHawk is an emerging platform which is all set to bring in a revolution to the world of cryptocurrencies. The company has announced to offer an array of services like crypto credit cards, payment providers, ATM’s, and fiat support, making it the ultimate solution for all your cryptocurrency requirements. Using credit cards, people can now … Continue reading CryptoHawk ICO: Revolutionizing for A Better Future

The post CryptoHawk ICO: Revolutionizing for A Better Future appeared first on NewsBTC.

CryptoHawk is an emerging platform which is all set to bring in a revolution to the world of cryptocurrencies. The company has announced to offer an array of services like crypto credit cards, payment providers, ATM’s, and fiat support, making it the ultimate solution for all your cryptocurrency requirements. Using credit cards, people can now shop at brick-and-mortar stores and make payments using cryptocurrencies. Of course, the ATM’s give owners an immediate opportunity to get hold of these cryptocurrencies. Additionally, the young company also hosts one of the most popular digital currencies denominated by the company as “Hawk”.

Exceptional Products for the Global Market

Today, CryptoHawk offers the opportunity to pay in cryptocurrencies and it is not just encouraging the people but also garnering the attention of leading establishments across the globe. Amazon, probably one of the best e-commerce platforms is also gearing up to integrate cryptocurrencies in their payment options. This step by Amazon will encourage many other companies to add this new technology to their businesses as well.

CryptoHawk has a very simple yet effective exchange market that allows everyone to trade in cryptocurrencies in an easy and hassle-free manner. Their exchange market is also backed up with a competent support team that is there to help round the clock.

Providing the Best of Technology and Security

The company aims at catering to what its clients are seeking. By using the most advanced technology, it allows users around the world to make use of their exceptional services. Another area where the team of CyptoHawk pays utmost attention is that of maintaining confidentiality with their clients. The team is well aware of the importance of sensitive data that their clients share with them, thus it uses the latest encryption technology to maintain the utmost level of security. All their transactions are transparent leaving no room for any security fraud.

Easy Set-Up, Even Easier to Use

Adopting this platform, one can use payment trading services in quite a simple manner; all they have to do is register and integrate the CryptoHawk interface to their respective web pages. Once done, they are all set to proceed with transactions with their buyers using cryptocurrencies. Talking about e-commerce platforms like Woo-commerce, PrestaShop, Wix, etc. the company offers a plugin which can be downloaded free from their official website. This allows users to extend their services on an e-commerce platform as well.

 Initiating a Crowd Sale For the New Investors

Currently, the world is witnessing innovations on a regular basis and there are endless possibilities of accomplishing greater things. One of the markets gaining traction worldwide is that of cryptocurrencies. The emergence of this market has made an impact on the financial market as well. And why not? Cryptocurrencies have opened doors to endless opportunities for day-to-day operations.

CrytoHawk leverages on this and is working towards being an integral part of this market. As an initiative, they are hosting a crowdsale to attract more people into the cryptocurrency market. The time duration of this sale is around one month with 10,000 Hawks being traded for 1 Ether. Additionally, they are also offering investment options in other cryptocurrencies or USD/Euros. The company plans to keep one-third of the final investment for protection and price stability reasons. Lastly, the number of hawks available for investment depends on the total amount of crowdsale which cannot be increased later on.

CryptoHawk has a team of young experts who are professionally qualified and possess the intellect in this domain. They aim at providing people with a platform that is simple, easy to use with advanced functions and impeccable support, 24×7. The company believes, that in the coming years, people are going to see some great changes in the cryptocurrency market that iaregoing to make a great impact on the financial market, and these people will be a part of this revolution.

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Chimaera : A True Blockchain Gaming Platform – Decentralized Autonomous Universes

As new projects enter the crypto sphere every day, history and background behind these initiatives are becoming increasingly scarce. With more and more new individuals looking to enter the ecosystem and capitalize on massive profits, the presence of true industry veterans in these projects is incredibly rare. However, there does exist valuable projects, hidden among … Continue reading Chimaera : A True Blockchain Gaming Platform – Decentralized Autonomous Universes

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As new projects enter the crypto sphere every day, history and background behind these initiatives are becoming increasingly scarce. With more and more new individuals looking to enter the ecosystem and capitalize on massive profits, the presence of true industry veterans in these projects is incredibly rare. However, there does exist valuable projects, hidden among the others, that come to the table with the support of a rich history and years of development.

The History of Chimaera

Chimaera represents a custom-blockchain ecosystem for a fully immersive gaming interface for gamers and developers. With Chimaera, online games can be built, published, and played directly on the blockchain-a-blockchain-based gaming system unrivaled by any current efforts.

Chimaera presents one such project with roots that could be considered ancient in the realm of cryptocurrency. The underlying technology, game channels, was coined and began development in 2015. Beyond this, the foundations for Chimaera date back to early 2013, with the documentation and initial developments of the first proof-of-concept.

ChronoKings

 Blockchain-based gaming was first introduced as a concept through ChronoKings, a blockchain-based MMO (massively-multiplayer online) forked from the Namecoin codebase. The game was announced on the Bitcointalk forums by the now-CEO of Chimaera, Andrew Colosimo, as a sandbox player-versus-player (PVP) real-time strategy (RTS) that would be broadcast and progressed directly upon the forked blockchain.

ChronoKings first established a concept later coined “human mining.”  Human mining is a game genre where cryptocurrencies are minted and distributed based on performance in the virtual game built on the network. The idea behind the gameplay is that players will fight to maintain control of “harvest areas” where coin rewards can be collected.

Huntercoin

 While ChronoKings represented a groundbreaking concept, the team behind it maintain broader visions. The ideology behind ChronoKings applied to a new project, The Huntercoin Experiment, which would encapsulate the fundamentals of its predecessor while expanding on the game itself and the technology behind it.

Huntercoin launched in early 2014 and received a great reception. Beyond the fundamentals proposed by Chronokings, players could fight against one another- potentially destroying opposing avatars and stealing their collected coins. Taxes from death and deposits would be paid to the miners, and players needed to pay a sum of Huntercoin to create new characters.

While activity began to dwindle after the initial launch, without issue. Huntercoin remains the longest standing human mining online game and the grandfather of the genre. The game termed an MMOCG (massively-multiplayer online cryptocurrency game) is the only of its kind. Although Huntercoin is now around 5 years old, it is still the most complex blockchain game on the market.

Game Channels

 While Huntercoin was revolutionary and a resounding success, there were many limitations to the game itself and the potential for expansion. The minute-long block times were incompatible with a majority of online games, and there was no real framework to implement more games onto the network.

In 2015, Dr. Daniel Kraft, a top developer for Namecoin and Huntercoin, as well as a major contributor to the Bitcoin codebase, shared a concept called “game channels,” a gamified adaption of Lightning Network-esque payment channels. Game channels would potentially allow for instantaneous online gaming directly upon the blockchain. In 2016, this technology was further explained in a peer-reviewed article published in Ledger Journal.

Enter Chimaera

With the invention of game channels, development also began on developing a third, final project, Chimaera. Like its predecessors, Chimaera is a Namecoin fork dedicated to blockchain-based gaming. However, unlike its predecessors, whose blockchains were used as the environment for a single game, Chimaera provides an ecosystem for all games.

With Kraft’s game channels, millions of players worldwide can simultaneously connect and interact with games on the network. Developers can publish and upkeep games directly on the network at no cost to them. Games of practically any genre can be hosted and interacted with on the Chimaera blockchain.

From then, to now, Chimaera has been actively developed, and the coming months present the launch of this evolutionary platform. After five years in the making, the first, fully immersive, blockchain-based interface will be available for individuals worldwide to interact with.They will be able to trustlessly wager against one another, exchange virtual items, currencies, and characters from any game, and potentially transfer items between games themselves.

Unlike most upcoming ICOs, Chimaera’s presents a unique opportunity to claim a stake in a groundbreaking platform that’s already dangerously close to fruition. While a majority of projects still require major developments to be marketed, Chimaera will be able to enter the market ready for mass adoption.

Chimaera is gearing up for their public pre-sale, which is slated to begin March 23, 2018. To learn more about the platform and participate in its upcoming pre-sale, please visit their website. Be sure to check out their referral program, which rewards participants with a five percent bonus upon successful completion, as well as their airdrop campaign. You can also follow the Chimaera team on Twitter, LinkedIn, Reddit, Medium, and Telegram.

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Lisk Price Surpasses $12.75 Amid Bullish Sentiment

There may be a temporary reprieve on the horizon for all cryptocurrency markets. It has become evident the current overall sentiment is anything but positive, but things have to change around at some point. As of right now, the Lisk price is making some major gains, albeit it remains to be seen how long this momentum can remain in place. Lisk Price Surges Ahead Every time a currency tries to buck the negative trend in the market, it is a matter of time until things take a turn for the worse. Right now, the Lisk price is noting some big

There may be a temporary reprieve on the horizon for all cryptocurrency markets. It has become evident the current overall sentiment is anything but positive, but things have to change around at some point. As of right now, the Lisk price is making some major gains, albeit it remains to be seen how long this momentum can remain in place.

Lisk Price Surges Ahead

Every time a currency tries to buck the negative trend in the market, it is a matter of time until things take a turn for the worse. Right now, the Lisk price is noting some big gains over the past 24 hours, despite the overall cryptocurrency market sentiment still being incredibly bearish. Even so, the Lisk price has successfully retaken the $12.5 range, albeit it may not be able to hold on to this level for much longer.

More specifically, the Lisk price has increased by 15.64% in the past 24 hours, which is rather impressive. Considering how most currencies lost a similar percentage yesterday, this trend is all the more impressive right now. With this gain, the Lisk price has risen from $10.7 to $12.79 in just a few hours. While a $2 gain per coin is next to nothing, it does mean a big deal to LSK holders as of right now.

Whether or not Lisk will be able to retain this price point for much longer, is a different matter altogether. As of right now, Lisk is gaining on Bitcoin thanks to a 12.08% gains in the LSK/BTC ratio. Once Bitcoin starts to recover – assuming it will do so anytime soon  -this trend will undoubtedly start to reverse. For now, though, the Lisk price is well worth keeping an eye on, as it is a shining beacon of hope in this ongoing bearish market.

With $34.6m in 24-hour trading volume, it’s virtually impossible to call Lisk a liquid altcoin market. At the same time, this lower trading volume appears sufficient to elevate the LSK price to $12.79 again, thus it will be rather interesting to see how things play out in this regard.If the trading volume picked up just a tiny bit, we may very well see legitimate fireworks in the Lisk price department.

The way things look right now, Binance is the go-to place for LSK trading. Their lead over bit-Z is pretty small, though, and CoinEgg is not too far behind. YoBit and Bittrex are also in the top five, which is pretty interesting to keep an eye on. With five different exchanges in the top five, things will get pretty interesting. However, there are no fiat currency pairs in the top five, which means people are mainly moving funds from Bitcoin into altcoins to increase their overall BTC holdings.

For the time being, we will have to wait and see how things play out for the Lisk price. While the current momentum remains rather bullish, things tend to turn around pretty quickly in this particular industry. Anything is possible in the world of cryptocurrency these days, but no one should expect any miracles as far as LSK is concerned. For now, taking profits is a top priority for most speculators, and that trend will kick in sooner rather than later.

Brazil-Based Startup to Give Freelancing Market a Blockchain Boost

Brazil-based startup Crafty.work plans to rebuild its freelancing platform with the help of AI and the blockchain. The company is already running a functioning minimum viable product (MVP) named Diarissima. Unlike many competitors, the site doesn’t charge freelancers any fees for the jobs they complete. “Waste of resources” Now the company plans to replace its … Continue reading Brazil-Based Startup to Give Freelancing Market a Blockchain Boost

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Brazil-based startup Crafty.work plans to rebuild its freelancing platform with the help of AI and the blockchain.

The company is already running a functioning minimum viable product (MVP) named Diarissima. Unlike many competitors, the site doesn’t charge freelancers any fees for the jobs they complete.

“Waste of resources”

Now the company plans to replace its MVP with the new, blockchain-powered network. A key feature of the new platform is its algorithmic user reputation score.

“The current labor relations are not enough to promote happiness and trust between people, generating friction and […] waste of resources,” says the company in its white paper.

The platform targets the millions of freelancers employed in the so-called “on-demand economy”.

According to a report by US software company Intuit and market research company Emergent Research, there were 3.9 mln such workers in the US in 2017, representing 36% of the workforce. The number is expected to go up to 9.2 mln by 2021, making up 43% of the total workforce.

The platform was originally aimed at helping a specific segment of this economy, which the International Labor Organization (ILO) calls “domestic workers”. They include people engaged in a work performed “in or for a household”, such as cleaning, cooking, caretaking, etc.

Globally, the number of domestic workers stands at 67 million, ILO figures show.

“More than any other country”

The trend is especially pronounced in Brazil, where they were about seven million domestic workers, or “more than in any other country in the world”, according to the ILO.

Often times, the legislation does not protect domestic workers, making them one of the most vulnerable groups of workers. They are self-employed or working unregistered, without any official agreement.

Even when governments do attempt to solve the problem top-down, it often has an adverse effect.

Brazil is a good example again. Regulations which came into force in 2015 introduced significant changes in the relationships between domestic workers and their customers. They were meant to defend workers’ rights and increase their protection. Ultimately, however, they resulted in higher costs of hiring and more complications- proof that centralized intervention rarely works, the company says.

On the other side of the equation, customers of domestic or self-employed workers do not have a secure way of recruiting and hiring the person most apt for the job.


Reputation value

The freelance market is based on a phenomenon, which Crafty calls “information asymmetry” – the discovery problem.

This is where the new platform comes into play. It will come as a mobile app and a web app and will replace existing Diarissima.

It is intended to make finding and hiring workers who have the right skills and reputation for any given job easy and secure.

To do so, it will place the concept of reputation value at the center of the network. With the help of augmented intelligence and the blockchain, it will help customers and service providers leave feedback for each other. The feedback logs will be stored on the blockchain, guaranteeing transparent and reliable information. The data will ultimately allow for the development of a reputation score of each user, helping future users to interact more efficiently.

The token

To incentivize users to leave feedback, the network will reward them with tokens.

The company is in now the midst of its initial coin offering (ICO). The sale of its ERC20 utility token will run until April 9, 2018.

The CFTY token, based on the Ethereum blockchain, will allow users to pay for services on the platform, receive rewards for feedback and others.

The ICO is hard capped at $35 million, with 60% of the funds planned for the project’s marketing. The sale includes 50% of the total token supply. Another 20% will go towards promotions and payments to the team, and the rest will be kept in a reserve fund, which will be used to reward users for their feedback. Unsold tokens will be burned.

According to Crafty, it is the only company introducing cryptocurrencies to underprivileged social groups in Brazil, a country with a minimum monthly salary of $292. Its users are workers who prioritize household purchases and, for the most part, cryptocurrencies are out of their reach. This is even more true about Africa where the company also has plans for expansion.

Wider Circulation

“Our business model allows an easy access to the crypto-world, where every user can earn CFTY simply by evaluating their counterparty. Then they can use the coins to buy products or services from our trading partners or convert them to fiat if they so wish”, the company says.

The company is in talks with different organizations in Brazil to widen the circulation of the CFTY token. Recently, it met with Brazilian trade association ACICG comprising over 7,000 member companies in the western state of Mato Grosso do Sul. The organization has shown interest in promoting the use of CFTY among its member to encourage them to accept the currency, the company says.

Crafty is talking to more organizations for similar partnerships which will bring the coin to everyday use and, hopefully, result in value appreciation.  

The company operates through a legal entity called AZKLENY COMPANY S.A, incorporated in Uruguay.

The team has been funding the project with its own capital since its inception in April 2016. Today, Diarissima has more than 30,000 users in 170 cities across Brazil.

The company says it has applied for a US patent. It plans to start international expansion in late fall 2019.

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Accessing the Closed off Industry with the Help of Blockchain and Smart Contracts

Investing for future, whether it is to save for retirement or university fees for your child, is without a doubt a good idea. The major problem is navigating the sea, or better said, ocean, of investment firms, boutiques, and agencies who promise you the world, but, in the end, deliver very little except extortionate fees. … Continue reading Accessing the Closed off Industry with the Help of Blockchain and Smart Contracts

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Investing for future, whether it is to save for retirement or university fees for your child, is without a doubt a good idea. The major problem is navigating the sea, or better said, ocean, of investment firms, boutiques, and agencies who promise you the world, but, in the end, deliver very little except extortionate fees. You could, of course, turn to a mutual fund that will attempt to tailor your investment goals to the available investment strategies. However, once again you risk facing rather large fees which then eat into your underlying returns. At the same time, the ability to invest into other more highly specialized products, such as those offered by hedge funds, Private Equity (PE), and Venture Capital (VC), has been off-limits to many.

The team behind DarcMatter, which has already been operating for a number of years,  is now looking to combine the power of blockchain and smart contracts to create a fully operational global platform. This service will allow investors all around the world to access the alternative fund asset class in a transparent and secure fashion. Of course, this sounds like a great idea, but several questions jump to mind: does the team have the expertise to pull this off? Do they have the blockchain experience to create a token that will match the ambitions of the core team? And finally, why move into the blockchain world if their operations have been so successful?

But you needn’t worry; the team and product are first-class. The CEO is an investment banker with BNP Paribas and WestLB, has executed $10.0 Bn+ in private placement transactions and has experience on advisory boards. He is also the winner of leading entrepreneurship awards, such as Under30CEO, 30 under 30, and GOOD100, and contributes to Forbes, Huffington Post, and TheStreet. The resume of the CTO is no less impressive. He has over 14 years of software development experience and has had senior lead roles at companies including Estee Lauder and AdvisoryWorld Financial Technology. His skills are diverse, ranging from financial institution integration with SWIFT, to web development with European banks. His academic pedigree is as impressive, having received a Masters degree in Computer Science at age 20.  With these two leaders heading up an award-winning team, top-caliber investors, as well as advisor, and the fact the product has been awarded the Top FinTech platform from over 4 countries, you know you’re in good hands.

DarcMatter Coin (DMC) will be used for a permissioned blockchain and will use systems that run natively on the NEM blockchain. DMC will be utilized to unlock and consummate the smart contracts for the investment completion through the DM Decentralized Infrastructure. By implementing blockchain and smart contracts in the alternative fund industry, the platform will enable various functionalities, such as seamless cross-border investment capabilities, documentation tracking for multi-consensus and logging, as well as additional asset classes being seamlessly distributed through the entire investor vertical. As a guide, the public sale is due to begin on May 7th, 2018 and the tier 1 private presale is sold out.

 

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