DomusCoins Ready To Launch ICO – New Crypto Platform Backs its Cryptocurrency With Existing Real Estate Properties

The pre-launch bonus of 10% is live now. The DomusCoins ICO will make it possible for everybody to invest in Real Estate regardless of income.


Dubai, UAE, February 23, 2018, It is beyond dispute that Real Estate Investing is one of the best ways to increase one’s wealth. In the past, real estate investing was mostly limited to persons of wealth, but not anymore. Thanks to DomusCoins, people all around the planet and of all income ranges can now invest in real estate. It is now possible to become part of a project with a minimal outlay of funds, while additional funds can be added at any time. The DomusCoin Token makes all of this possible. A brilliant concept because unlike other ICO’s that are based on hopes and dreams, these tokens are backed by actual real estate.

DomusCoins can be exchanged like every other cryptocurrency or used to stay in any of the real estate properties in the network. The use of Smart Contracts and Blockchain Technology means that this decentralized platform is controlled by no one entity, but controlled by everyone. No changes or attempts at fraud can be made on the Blockchain. Nobody can access or corrupt the code on the Blockchain, but everybody can see the coded Smart Contract.

Some of DomusCoins features and benefits include:

  • DomusCoins Appreciation: The increasingly widespread use of cryptocurrencies will lead to an increase in the value of those currencies that present strong collateral. DomusCoins has all the characteristics to be a protagonist in this market. In any case, the value of DOC will grow at least as much as that of real estate. So, you will always be able to sell the DOCs at a higher value.
  • Renting: When you own a real estate property, it’s likely that you would rent it out and realize a profit. DomusCoins rents out the properties on a short-term basis to maximize returns. Profits will be shared proportionally with all the DomusCoins’ holders.
  • Selling: When you sell a property, you do it to make a profit. Again, this happens with DomusCoins, when a property is sold, the profit, in DOCs, is shared with all the DomusCoins’ holders.
  • Hassle-Free: Last but not least, you don’t have to worry about bureaucracy, DomusCoins’ team will take care of all the procedures. Because it is all done on the Blockchain, there are no Real Estate Contracts, no Mortgage Applications or documents, and no fees to be paid to agents or attorneys.

Moreover, you can stay in any of the properties that are part of the network, paying in DOCs at the discounted price reserved for DOCs owners. DomusCoins represents the next generation of real estate investing. There is a 10% Bonus available now until February 28th just for early sign-ups. The ICO will launch on March 1, 2018. A detailed discussion about DomusCoins can be viewed in their Whitepaper here.

Complete information about the DomusCoins ICO can be viewed here: https://www.domuscoins.com/

Media Contact:

HDS Business Centre Tower
Al Sufouh Rd., Cluster M1
Jumeirah Lake Towers
Dubai, UAE
+971 4 447 12 87
info@domuscoins.com


Images courtesy of DomusCoins

The post DomusCoins Ready To Launch ICO – New Crypto Platform Backs its Cryptocurrency With Existing Real Estate Properties appeared first on Bitcoinist.com.

Source: Bitcoininst

What is Polymath? Beginner’s Guide

What is Polymath?

Polymath simplifies the legal process of creating and selling security tokens. It makes a new token standard, the ST20, and enforces government compliance. Only a “list of authorized investors and their Ethereum wallet addresses” can hold ST20 tokens. Therefore, token issuers don’t need to worry about the legal implications of your security falling into the wrong hands.

In order to launch a legally compliant token, the Polymath platform brings together issuers, legal delegates, smart contract developers, KYC verification, and a decentralized exchange. All transactions on the Polymath platform take place using the native POLY token. Due to the continuing government crackdown on initial coin offerings, Polymath hopes to instead provide legal Security Token Offerings. 

ICOs

In 2017, ICOs raised over $1.2 billion in funding by selling either utility or security tokens. Utility tokens, such as Waltonchain, give you access to a token’s network and are far more common than security tokens. Security tokens, however, provide equity or a claim to dividends from a company. As a result, security tokens, like any securities, are subject to government regulation.

Polymath’s new standard for blockchain security tokens aims to embed the necessary regulatory requirements into smart contracts and comply entirely with government security regulations. Consequently, Polymath believes financial securities would function better on a blockchain and wants to replace the term shareholder with token holder.

Securities

Government regulations “require investors to receive financial and other material information concerning securities being offered for public sale.” The goal is to “prohibit deceit, misrepresentations, and other fraud in the sale of securities.” It seems like a noble goal given the frequency of ICO scams and 46% of 2017 ICOs already failing.

For public offerings, companies must register their securities with the government. Unfortunately, this is an increasingly expensive and complicated process. Securities are then “bought and sold on secondary markets such as stock exchanges with fees ranging from 0.25% to 3%.” Polymath thus believes there is value in helping people legally registering their token while simultaneously providing a decentralized exchange with lower fees.

Polymath Securities Token Platform

The token platform involves three layers, an application layer, a legal layer, and the protocol layer to ensure your token is compliant and stays compliant. These layers aim to reduce the legal complexity and ambiguity surrounding securities while also minimizing fees and improving the liquidity of assets. 

Polymath Layers

Launching a Security Token

Polymath asks for the following information to instantly create your ST20 standard security token.

  • Legal Name:
  • Legal Entity Type:
  • Type of Security:
  • Project Description:
  • Logo:
  • TOKEN CHARACTERISTICS
    • Voting Rights:
    • Dividend:
    • Dividend Frequency:
    • Corporate Governance:
    • Governance Integration Partner:
    • Additional Features:
  • TOKEN ALLOCATION
    • Tokens to Create:
    • Percentage of Tokens Held by Company:
    • Percentage of Company Equity Distributed With Tokens:
    • Price per Token in USD:
  • LEGAL DETAILS
    • Issuing Jurisdiction:
    • Offering Security To:
    • Investors Must be Accredited:
    • Investor KYC Needed:
    • KYC Integration Partner:
    • Tokens Freely Tradable:
  • CONTACT DETAILS
    • Contact Name:
    • Position at Company:
    • Contact Phone Number:
    • Contact Email:
    • Permit Contact from Polymath:

Choosing a Legal Delegate

After creating your new token, it’s still non-transferrable until a legal delegate confirms “that the steps have been completed for the token to be issued.” 

You’ll receive several bids from legal delegates, lawyers, but it’s up to you to perform due diligence and compare their fees. Once you choose a legal delegate, you send POLY for their fee to a smart contract and begin working together on the Polymath platform by securely sending necessary documents and working through the compliance process.

Part of the process entails delegates working with developers to build a smart contract specifically for your token. Then, the smart contract enforces investor requirements such as jurisdiction of investors, type of offering, hold time before tokens can be resold etc. After the necessary documents are sent and the smart contract completed, the legal delegate will set the address of your initial offering contract. You’re finally ready to start trading.

Becoming an Investor

If you’d like to purchase a token on Polymath’s platform, you first need to have your identity and accreditation status confirmed by a KYC (know your customer) provider. You can search and choose a KYC provider on the Polymath network. Next, you’d send the required number of POLY tokens to escrow until your KYC process is completed. After submitting the necessary documents, the KYC provider can send information to a Polymath smart contract specifying details on your ability to buy securities. The information stored in the smart contract will also determine the amount of money you can invest in securities and where you can trade them.

Security Tokens

While most tokens are easily tradable on exchanges, security tokens follow different rules due to numerous legal implications. It’s important to know who owns a security token at all times due to securities potentially providing voting rights, dividends, or other income with tax implications. Exchanges currently avoid listing any token potentially considered a security to avoid security regulators.

However, with a token created through Polymath, the smart contracts verify who can buy and sell the token. Only investors authorized under Polymath’s KYC providers will be able to hold the token. This could, in theory, eliminate the fees associated with centralized exchanges that ensure security compliance.

Polymath Platform

Polymath Platform2

Polymath Tokens (POLY)

All payments on the Polymath network require POLY, an ERC20 token. Here are some examples of its uses:

Issuers

An issuer can post a bounty in POLY tokens to “encourage legal delegates and developers to bid on providing services.” The more complicated your security, the more POLY you’ll likely need to pay.

Developers

Developers earn POLY for creating STO smart contracts.

KYC Providers

KYC providers pay in POLY to join the network and then earn POLY from verifying investors.

Investors

To join the whitelist of potential investors for a security token, investors must pay KYC providers in POLY tokens for their services.

Legal Delegates

Legal delegates earn POLY by being selected to issue a new security token.

Using POLY

Polymath Team

The team is led by Trevor Koverko, a veteran in both Silicon Valley and cryptocurrency. He’s also the founder of DAI, a private equity firm. There’s a saying in business that you want to skate where the puck is going, not where it has been. Given that Trevor was literally drafted by the New York Rangers of the National Hockey League, it’s likely he knows where the puck is going. He’s shown this skill in the past, buying into BTC when it was 20 dollars and Ethereum when 1 BTC would score you 2000 ETH. Along with Trevor, there are more than 30 ‘builders’ and advisors involved with Polymath.

Polymath Team

Token Supply and Sustainability

Overall, there are one billion POLY tokens that will ever exist. Users could sign up for the Polymath airdrop before January 10th, 2018. Subsequently, airdrop participants received 240 million tokens.

At this point, the Polymath team retains the rest for future use. If you missed the airdrop, then you’ll need to trade for POLY on an exchange.

Future Projects and Roadmap

Once the Polymath platform launches, the future will depend on bringing people into the ecosystem and issuing securities on the ST20 standard.

Polymath Roadmap

Partnerships

To be sure, the success of Polymath is dependent on partnerships. Specifically, they need to bring in legal delegates, KYC providers, developers, buyers, and issuers.

With this in mind, they partnered with IdentityMind to bring KYC providers aboard. Soon thereafter, they confirmed thousands of identities in the POLY airdrop.

Both SelfKey, a digital identity system, and BnkToTheFuture, another company associated with KYC, will partner with Polymath to provide thousands of accredited investors.

To demonstrate, Polymath advised tZERO on their ICO, which raised $100 million in just 12 hours. tZERO aims to also build an exchange to provide liquidity for legal security token holders.

Most noteworthy, in 2018, Corl Financial Technologies, SeriesX, and Ethereum Capital all plan to have securities tokens created on the Polymath platform.

Competition

tZERO is also building an exchange for regulated security tokens. However, it’s likely that their platform would provide more synergy than a competition. The more people involved with developing legally compliant security tokens, the better.

Polymath’s main competitor is the traditional method of registering a security with the SEC. However, you can see it is quite rigorous to file by looking at DropBox’s recent request for an initial public offering here

Trading History

Polymath airdropped its token on January 24th, 2018. It started with a value of US$0.789. However, it soon  reached an all-time high of $1.64. Ultimately, the price of POLY will depend on the utility of the Polymath platform. If you see more coins launching on the ST20 standard, keep your eye on the price of POLY.

Where can you buy it?

The majority of trading volume for POLY takes place on Kucoin and Idex.

Where can you store it?

Since POLY is an ERC20 token, you can use MyEtherWallet for storage. The Polymath team also provides a resource of how to view your POLY tokens here.

You can also use popular hardware wallets, like the Ledger Nano S, to store your POLY.

Final Thoughts

In Polymath’s ideal world, all forms of securities become programmable tokens. As a result, businesses of any size have access to capital.  Investors also have access to transparent information and can avoid scams. The Polymath team identified the inefficiencies of present-day securities. The platform perhaps offers a better alternative. Now, the question is, can they bring investors into their ecosystem?

According to the whitepaper, “the global securities market is composed of three major instrument types: equities, debt, and derivatives. In 2016, these three markets had total notional values of US $67 trillion, $99 trillion, and $1.2 quadrillion, respectively.”

Over the coming years, it will be interesting to see what percentage of the market Polymath can capture.

Additional Resources

Facebook

Twitter

Reddit

Medium

GitHub

The post What is Polymath? Beginner’s Guide appeared first on CoinCentral.

Source: Coin Central

Bitcoin Core 0.16.0 Rolls Out With Full SegWit Support

Bitcoin enthusiasts celebrate the release of Bitcoin Core 0.16.0, on February 26, 2018. This new version includes novel features, several bugfixes, various performance improvements, and updated translations. Most notably, Bitcoin Core 0.16.0 introduces full support for SegWit. Now, Bitcoin’s value, once again, is puncturing the $10,000 USD resistance level.


Bitcoin Core 0.16.0 to Improve Bitcoin’s Scalability

The advent of Bitcoin Core 0.16.0 is renewing enthusiasm in the crypto space because it brings new powerful features to help enhance Bitcoin scalability.

Specifically, Bitcoin Core 0.16.0 provides full support for SegWit in the wallet and user interface. In effect, the latest Bitcoin core version signals the disappearance of arguments for not implementing SegWit.

SegWit, or Segregated Witness, is increasingly being implemented to reduce Bitcoin transaction fees and facilitate near-instantaneous low-value Bitcoin payments. For example, main Bitcoin exchanges, such as Bitfinex and Coinbase, are already implementing SegWit to trade Bitcoin.

Regarding the SegWit implementation, Coinbase explains:

For those unfamiliar with SegWit, this upgrade helps reduce the size of transactions, which improves the overall transaction capacity of the Bitcoin network. This upgrade should also help reduce the fees customers pay on bitcoin transactions.

To fully support SegWit, Bitcoin Core 0.16.0 incorporates a new address format, including Bech32, which according to experts is more user-friendly than the P2sh format.

Because the wallet database is backward-incompatible, wallets created with Bitcoin Core 0.16.0 will be rejected by previous versions. In this regard, the release note points out:

Wallets created in 0.16 and later are not compatible with versions prior to 0.16 and will not work if you try to use newly created wallets in older versions. Existing wallets that were created with older versions are not affected by this.

Wladimir J. van der Laan is the team leader who maintains Bitcoin Core 0.16.0. He has been in charge of leading the release process since 2008.

Wladimir J. van der Laan

Technological Advances Are Motivating Bitcoin Optimism

In addition to SegWit support, Bitcoin Core 0.16.0 also brings new features and bugfixes to improve the performance of the software. Some of these changes include support for signaling pruned nodes (BIP159), SHA256 assembly enabled by default, Several GUI changes, and additional new RPCs. See details of these changes here.

New technological improvements such as SegWit, Lightning Network, and Atomic Multi-Path Payments over Lightning, and now Bitcoin Core 0.16.0, promise to help to solve Bitcoin’s scalability issue. Consequently, they are emphatically renewing optimism about Bitcoin. As of this writing, Bitcoin’s price is once again piercing the $10,000 USD resistance level.

How do you think the implementation of Bitcoin Core 0.16.0 will impact Bitcoin transaction fees and speeds? Let us know in the comments below.


Images Courtesy of Shutterstock, MIT Media Lab

The post Bitcoin Core 0.16.0 Rolls Out With Full SegWit Support appeared first on Bitcoinist.com.

Source: Bitcoininst

What is Nexus (NXS)? | Beginner’s Guide

What is Nexus?

Nexus is a peer-to-peer network that improves on the speed, scalability, security, and accessibility of current blockchain protocols. The project mainly accomplishes this through the use of a quantum-resistant 3D blockchain in combination with communication satellites in space. With this, Nexus founder Colin Cantrell is aiming to “decentralize the decentralization”, by taking it out of reach of any government control or mining pool monopolies.

Hold on to your hats, folks. This is one of the more ambitious projects out there, so let’s get right into it.

 

In this Nexus guide, we’re going to go over:

Three Dimensional Chain (3DC)

Nexus uses, not one, not two, but three consensus mechanisms to form a three-dimensional blockchain. The team argues that having three different mechanisms in place reduces miner centralization and enables more efficient on-chain scaling.

Prime Channel

The Prime Channel is a Proof-of-Work channel. In this channel, miners search for 308-digit dense prime clusters through trial-and-error. Dense prime cluster mining is more ASIC-resistant than traditional hash mining. Therefore, even if you have just a CPU, you can mine on this channel.

Outside of cryptocurrency, the mining on the Prime Channel produces data that can be further used in prime number research for quantum physics.

Hashing Channel

The Hashing Channel is also Proof-of-Work but uses Hashcash instead of dense prime clusters. This is similar to Bitcoin’s mining algorithm except that miners search for SHA-3 (with Skein) hashes while Bitcoin miners find SHA-256 ones. The Nexus block hashes are 4x the size of Bitcoin block hashes.

You should use a GPU when mining on this channel.

Proof-of-Holdings

The third and final channel uses Proof-of-Holdings to secure the network. This is essentially the same as the Proof-of-Stake consensus method used by coins like NEO. You earn newly minted Nexus coins (NXS) just by holding the ones you already have.

Four attributes determine what your return will be when you stake your coins:

  • Interest Rate – An annual percentage of your balance, this is the rate at which you receive new coins. This starts at 0.5% annually and increases to a 3.0% annual maximum after 12 months.
  • Trust Weight – This is an indicator of your node’s trust. It starts at 5% but quickly reaches its 100% maximum after just one month.
  • Block Weight – This attribute resets to 0% each time you receive a staking transaction. It then slowly climbs to 100% over 24-hours. If your block weight ever reaches 100%, your Trust Key expires and all your attributes reset. The reset trigger ensures that you’re continually working to maintain the network.
  • Stake Weight – The value of this is roughly determined by the average of your trust weight and block weight. The higher this is, the more likely you are to receive a transaction.

Nexus Hardware

Nexus has a three-pronged distributed telecommunications system to further decentralize the network.

Mesh Networks

Because the network provides three distinct mining opportunities, almost anyone around the world can run a node and participate in network security. All nodes in a mesh network work together to solve a block rather than compete against each other. This serves to distribute network data more so than other systems.

To take things further, Nexus may produce specialized antennas for you to purchase to operate locally based networks as well.

nexus satellite

Cube Satellites

Nexus has partnered with Vector Space Systems (Vector) to create a Low Earth Orbit (LEO) Satellite Network of nodes. The satellites, in combination with the ground mesh network, will host the Nexus network as well as any decentralized apps (dapps) built on top of it. Even more outstanding, the satellite network will provide a worldwide decentralized Internet giving service to those previously unable to access their own.

Ground Stations

The Nexus ground stations connect the mesh networks on the ground to the satellite network in space. They run the uplink/downlink operations including address endpoint route defining and ground-based caching. They also run their own instance of Daemon, the software component of the Nexus system.

Nexus Coin (NXS)

The Nexus coin (NXS) is the currency of the network. There’s no cap on the amount of NXS that will be minted. Instead, the coin has a 10-year distribution period in which 78 million NXS will be distributed until September 23rd, 2024. After this time, the supply will inflate each year by a maximum of 3% through the holding channel and 1% through the prime and hashing channels.

Nodes create blocks, on average, every 50 seconds, and an NXS transaction requires 6 confirmations. Currently, most transactions cost 0.01 NXS. However, once the 3DC is built and 10-year distribution is complete, transaction fees will disappear. Instead, the system will absorb the fees through inflation.

Nexus didn’t hold an ICO. Instead, the project has a Developer Fund that takes a small commission from mining rewards. This commission starts at 1.5% and increases to 2.5% over 10 years. Additionally, 20% of the block rewards are slotted for marketing as well as the production and launch of the Nexus satellite network.

Nexus Team & Progress

Colin Cantrell, also known as Videlicet, is the founder and lead developer of Nexus. He first named the project Coinshield (CSD) when starting in September 2014. The original code only contained the prime channel; the team added the hash channel in October 2014. In April 2015, the team rebranded to Nexus, and they added Proof-of-Holdings in July 2015.

Besides partnering with Vector on the satellite network, Nexus has also joined forces with SingularityNET to provide their 3DC architecture to the project’s decentralized AI network.

Moving forward, Nexus is releasing major updates following their TAO (Tritium, Amine, Obsidian) roadmap strategy. The releases include the 3DC, mobile wallets, quantum resistance, and the satellite network, among many other things.

Nexus TAO outline

Nexus is one the most ambitious, if not the most ambitious, projects in the cryptocurrency space. First and foremost, the project is attempting to dethrone Bitcoin as the top peer-to-peer currency. With the decentralized internet produced from its space mesh network of satellites, Nexus is also competing with Substratum.

Trading

Like most of the crypto market, Nexus was relatively quiet until 2017. During that year, the price rose from $0.026 (~0.000027 BTC) to $3.34 (~0.00087 BTC) by September. Shortly after, the price fell back down to about $1 before skyrocketing up to an all-time high of $13.33 (~0.0008 BTC) in January 2018.

This significant rise in price can most likely be attributed to the Vector partnership announcement in combination with the success of the entire market at that time. Since then, the price has drastically fallen, sitting at $1.75 (~0.00018 BTC) at the time of this writing. News of the SingularityNET partnership seems to have had no effect on the price.

The team hasn’t published a roadmap with exact dates, so it’s hard to make any price predictions for the immediate future. As with most cryptocurrency projects, though, important development releases should have a positive impact on the price. With the scope of this project, you should probably consider it a long-term hold.

Where to Buy NXS

You can purchase NXS on either Bittrex or Upbit with BTC. If you don’t currently own any BTC, check out our guide on how to buy some.

As mentioned early, you can also earn NXS through mining. Check out the Nexus mining page to download the miner that fits best with your strategy. As a reminder, you should mine with the Prime Channel if you’re using a normal CPU, and you should check out the Hashing Channel if you plan to use a dedicated mining rig like an ASIC.

Once you hold at least 1,000 NXS, you can stake to earn additional coins.   

Where to Store NXS

Nexus has an official wallet for Windows, Mac, and Linux desktops. Although you can keep your NXS on an exchange it’s highly recommended that you move them to a wallet. You’re only able to stake your coins if they’re in a Nexus wallet.

Conclusion

Nexus is building a new type of blockchain with three separate mechanisms for securing the network. On top of that, the team is sending node satellites into space to create a decentralized Internet and network outside the control of any one entity. The overall mission is to create an improved Bitcoin with faster transactions, lower fees, and less miner centralization.

Nexus is one of the few projects truly addressing quantum resistance and other potential future issues. If these problems become as large as the team believes they will, and they can accomplish their lofty mission, Nexus may just be one of the few projects still in action 20 years down the road.

Additional Nexus Resources

Twitter

Slack

Telegram

Reddit

Discord

Github

The post What is Nexus (NXS)? | Beginner’s Guide appeared first on CoinCentral.

Source: Coin Central

Markets Update: Volume Is Weaker as BTC Prices Push Past $10,000

Markets Update: Volume Is Weaker as BTC Prices Push Past $10,000

Over the past two days, BTC/USD markets dipped below the $10K price region to a low of $9,260 on February 25. The following day the price per BTC has since bounced back on Monday morning, jumping over $700 in value and touching a high of $10,400.

Also Read: China Censors Cryptocurrency Ads on Search Engines and Social Media

BTC Rides Back Above $10K

Markets Update: Volume Is Weaker as BTC Prices Push Past $10,000BTC/USD markets were sluggish over the past weekend as the currency remained just above the $9K price zone for over two days. Prior to the dip, the price of BTC reached around $11,600 gaining momentum after the recent 65 percent ‘crash’ in value. During this afternoon’s trading sessions (eastern standard time) the price per BTC is hovering around $10,150-10,300. Trade volume is roughly around $7Bn over the past 24-hours, and the Japanese yen is dominating that number. Currently, the yen represents over 51 percent of the global BTC trades after recently dropping below 30 percent. The yen is followed by the USD (22%), tether (USDT 13%), the Korean won (5%), and the euro (4.5%). At the time of publication, the top five exchanges swapping the most BTC includes Okex, Bitfinex, Binance, Upbit, and Bitflyer. The most popular trade today on Shapeshift with BTC is litecoin (LTC) with 792.898 BTC in trade volume.

Technical Indicators

Looking at the chart shows BTC/USD markets had been consolidating into a triangular pattern over the past two days. Trade volume is lackluster compared to the rally that started gaining steam on February 7. The two Simple Moving Averages (SMA) both long (200 SMA) and short-term (100 SMA) are spread apart. The 200 SMA is well above the short-term 100 SMA, indicating the path to the upside will be met with resistance. The weekly Relative Strength Index (RSI) and Stochastic also indicate oversold conditions and bulls may have a hard time gaining higher ground today. MACd reveals the same thing as the indicator is headed south back to initial support.

Markets Update: Volume Is Weaker as BTC Prices Push Past $10,000
BTC/USD Markets hit $10,400 on the exchange Bitstamp on February 26, 2018.

On the backside, foundational support has increased so if the price gets tugged below sub-$10K levels there’s solid ground between $10,000 to $9,400. If bulls manage to break resistance and keep the momentum going, then they will meet some walls around $10,300-10,600. After that oppositional area, it will be smooth sailing northbound until $11,350. The price has dropped lower than the ‘neckline’ after following a classic ‘head and shoulders’ pattern. This indicates after coming close to the $11,350 range we could see a more significant sell-off if bulls can’t break through this key region.

Markets Update: Volume Is Weaker as BTC Prices Push Past $10,000
Volume during Monday’s trading sessions is relatively weak compared to prior rallies. BTC/USD Market prices are hovering around $10,150-10,300.

The Top Cryptocurrency Markets

Overall most cryptocurrency markets are seeing gains today as the top ten most valued cryptocurrencies are all in green. The second largest market capitalization held by ethereum (ETH) is up 4.9 percent as each ETH is worth $871. Ripple (XRP) markets have seen gains around 3.7 percent as one XRP is around $0.95. The fourth largest market cap is bitcoin cash (BCH), and its markets are up 6.8 percent. One BCH is averaging about $1,241 per token as markets have $485Mn in global trade volume. Lastly, the fifth biggest market cap still belongs to litecoin (LTC) as its markets are up 5.6 percent with one LTC priced at $223. BTC’s market capitalization is dominating all 1521 cryptocurrencies in existence by 38 percent.

Markets Update: Volume Is Weaker as BTC Prices Push Past $10,000

The Verdict: Short-Term Bearish — Long-Term Bullish

Overall the digital asset community is positive, and many believe cryptocurrency markets will go parabolic again this year. Some traders believe we will see another steep drop before this happens while others think we just experienced the final drop below $10K. At the moment the price is holding above the $10,000 region and seems to be chewing away at orders until the next move. There may be some tighter consolidation periods before the ‘next big move’ happens.

Where do you see the price of BTC and other digital assets heading from here? Do you think cryptocurrencies will see more gains? Let us know in the comments below.

Disclaimer: Price articles and markets updates are intended for informational purposes only and should not to be considered as trading advice. Neither Bitcoin.com nor the author is responsible for any losses or gains, as the ultimate decision to conduct a trade is made by the reader. Always remember that only those in possession of the private keys are in control of the “money.”


Images via Shutterstock, Bitstamp, Bitcoin Wisdom, AP, and Coinmarketcap.


Want to create your own secure cold storage paper wallet? Check our tools section.

The post Markets Update: Volume Is Weaker as BTC Prices Push Past $10,000 appeared first on Bitcoin News.

Source: Bitcoinnews.com

How ZeroCoin is Set to Solve the ‘House Always Wins’ Problem

Online gambling is as popular as ever, with hundreds of new online casinos opening their virtual doors every day on the web. However, despite their seemingly inexhaustible popularity, there is one massive drawback to online casino gaming, and it is inherently linked to the way online casinos operate.


We’ve all heard the old saying “The house always wins” and it is a saying that goes all the way back to the first brick and mortar casinos in Europe and Asia. The saying remains popular because, in its essence, it is absolutely true. “All casino games, whether they are found in traditional brick and mortar establishments or online, have one thing in common – the odds are always stacked against the player.

Players might be winning for a short period of time and think that they cracked the code, but in reality, they are just “running hot” and sooner or later the variance will do its job to favor the house” explained Adrian Casey CEO at ZeroEdge.Bet. He also added: “Most of the players are unaware of the mathematical principles that make beating the casino virtually impossible. Therefore, our goal at ZeroEdge.Bet will be to educate players about gambling and prevent them from falling victims to its traps.

The new ZeroEdge Casino, which uses its own form of cryptocurrency called ZeroCoin, aims to solve the age-old problem of the house always winning by completely doing away with the dreaded “house edge” altogether. This essentially means that, for the first time in the history of gambling, players will have a real, true and fair shot at actually winning their games at ZeroEdge Casino.

How Does the Revolutionary Model Work?

ZeroEdge Casino is currently making massive waves throughout the online gambling industry by being the first online casino and gambling destination to launch a true 0% house edge (the advantage the casino has over the player). So how does this new revolutionary model actually work?

Unlike traditional online casinos, where they make their profit directly off the losses of their players, ZeroEdge Casino actually avoids this practice altogether. Instead, ZeroEdge makes its profit off the rising ZeroCoin value. ZeroEdge is creating a network made up of thousands of unique game providers, all using Zerocoin as their single currency. Entities will be able to design and build their unique games directly on the ZeroEdge platform. All tools and infrastructure will be provided to make this process user-friendly and increase the adoption of ZeroCoin while maximizing brand exposure. Add to that a guaranteed 0% house edge and you have a completely revolutionary concept that is guaranteed to turn the online casino industry on its head and change the way you think of online gambling forever.

How Will Zerocoin Price Increase?

The fact that ZeroEdge Casino network offers gamblers a true 0% house advantage on all of their games is the spark that will blow the online gambling industry wide open. Of course, no online gambler worth their salt would rather choose traditional online casino games (where the house has anywhere from 1%-10% advantage over the player), over ZeroEdge Casino games with a provable 0% house edge.

However, in order to play at ZeroEdge Casino, players will need to first buy Zerocoins. Now, as more and more players learn about the incredible 0% house edge, they will want to get their slice of the pie. This will then increase the value and the demand for Zerocoin exponentially.

Here’s all the Information about the Pre-ICO and dates

According to ZeroEdge Casino’s own Pre-ICO (Initial Coin Offering) information, Pre-ICO is set to start on the 28th of February 2018, closing out on the 15th of March 2018. While there is no soft cap set during the Pre-ICO stage, the hard cap is set at 1000 ETH. https://tokensale.zeroedge.bet.

Can online casinos still be profitable without a house edge? What do you think about ZeroEdge Casino’s “zero house edge” business model? Let us know in the comments below.


Images courtesy of Zero Edge

The post How ZeroCoin is Set to Solve the ‘House Always Wins’ Problem appeared first on Bitcoinist.com.

Source: Bitcoininst

PR: Trading Platform FundFantasy ICO Launches in a Few Hours! 50% Bonus for First 48 Hours

Trading Platform Fundfantasy

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release.

Valetta- With FundFantasy’s presale having been sold out, and their public token sale coming up today, the FundFantasy project has made tremendous advancements, and have made some interesting changes to their bonus structure. The new model is simpler and is designed to avoid congestion on the Ethereum network.

FundFantasy is a Daily Fantasy Trading (DFT) Platform featuring peer-to-peer, blockchain-based, simulated investing contests that relies on real market data. Users on the FundFantasy platform compete for crypto and other prizes by trying to craft the ultimate portfolio. It bears some resemblance to the Daily Fantasy Sports industry, hence the name FundFantasy.

In contrast to other ICO’s, FundFantasy have already developed their MVP, and it is available to explore on the official FundFantasy website.

New bonuses:
First 48 hours –
50% bonus for any purchase of 1 ETH and above (Presale investors of over 1 ETH will have their bonus updated to 50%).
25% bonus for purchases over 0.1 ETH and under 1 ETH.
The full duration of the token sale – 50% bonus for any purchase over 100 ETH or equivalent in other currencies.

The FUNDZ token sale will start in less than 24 hours, on Sunday the 25th of February at 12:00pm GMT. The bonus period* will last 48 hours, here’s a list of local times:

Los Angeles – 04:00 (4am) local time
New York – 07:00 (7am) local time
Sao Paolo – 09:00 (9am) local time
London – 12:00 (12pm) local time
Paris – 13:00 (1pm) local time
Moscow – 15:00 (3pm) local time
Abu Dhabi – 16:00 (4pm) local time
Tokyo – 21:00 (9pm) local time
Seoul – 21:00 (9pm) local time
Melbourne – 23:00 (11pm) local time

To participate, go to https://ico.fundfantasy.com

Contact Email Address
tal@fundfantasy.io
Supporting Link
https://ico.fundfantasy.com

This is a paid press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.

The post PR: Trading Platform FundFantasy ICO Launches in a Few Hours! 50% Bonus for First 48 Hours appeared first on Bitcoin News.

Source: Bitcoinnews.com

10 Ways LiveTree ADEPT Will Disrupt the Entertainment Industry

LiveTree ADEPT (Advanced Decentralized Entertainment Platform for Transparent Distribution) has been established with the aim to create a decentralized marketplace for the entertainment industry. Listed below are 10 ways LiveTree ADEPT is going to disrupt the entertainment industry.


1. Global access to $500 billion creative industry with the seed

The total worth of the global entertainment industry is $500 billion. LiveTree ADEPT will approach the seed pragmatically such that the money is invested and distributed innovatively. So if you invest in our platform, you are cutting yourself a chunk of the $500 billion.

2. TV, Film, and Content Crowdfunding market of $1 billion will be open for all

The crowdfunding market for TV, Film, and Content exceeds the global market for the creative industry by a considerable margin. Currently, this market is worth $1 billion, and it is expected to grow further. LiveTree ADEPT will give you direct access to his huge resource and allow charity partners to be a part of the profit.

3. Directly influence the functioning of the film industry

The entertainment industry has been suffering from insignificant or low fundings for some time now. Clubbed with the dominance of rich and successful in the decision-making process, it seriously affects the quality of content being created. The content thus created represents a minor part of the industry which is quite unfair. If you believe things have been unfair and they need to change, all you need to do is be a part of the change by investing in LiveTree ADEPT. Our platform revolutionizes everything from decision making, distribution of funds and even the type of content being created.

4. Peer-to-peer collaboration becomes a reality with our network of 14,000 entertainment companies

Being a crowdfunding firm, LiveTree helped us build a network comprising of 14,000 companies. With the help of such an engaging and active creator community, we have laid the foundations of our blockchain-based platform for the film industry. The users of our crowdfunding platform will form the network of filmmakers which in turn will help LiveTree ADEPT flourish.

5. Next Gen Talent will be at the tip of your fingers

The content and film industry has such an incredible store of talent, and this talent is what keeps LiveTree ADEPT inspired. But there’s no platform to showcase the talent of next-generation film and content makers. We need to shift our focus to representative movies and keep the viewers at the edge of their seats. The investment we get is going to have a direct impact on the future of filmmakers.

6. The next generation of disruption can be built together

Content Gatekeepers like Google, Netflix, and Facebook dominate the market and keep a check on new content. They pre-select and filter the content according to their wishes and thus create a barrier for any consumer who means to access the kind of content he wishes to watch. This barrier prevents content creators from investing peer-to-peer or engage with their followers directly. LiveTree ADEPT aims to stop all that by cutting out the big players and allowing small players to work in harmony. LiveTree ADEPT will disrupt the entire chain of the film industry and not just the crowdfunding process.

7. Introducing PPVOD: a brand-new format of content funding

Unlike Netflix’s SVOD (subscription video-on-demand), TVOD (transactional pay-per-view) or YouTube’s AVOD (advertising), LiveTree ADEPT has developed its very own format. PPVOD is pre-pay-per-view and it lets you pre-pay for content that is interested in seeing. This way we build a sense of loyalty among our consumers and also enable them to be an active part of content creation. This kind of innovation is a step forward for the industry and helps projects to get funded and realized with ease.

8. A fair payment model for everyone involved

Everyone from various areas of the film industry is guaranteed to get paid via LiveTree ADEPT. Regardless of the fact that you run a VFX company or you’re a director or producer, your payment will run smoothly through the agreement signed on the blockchain. This payment model is fair and ensures that everyone involved is visible and gets paid fairly.

9. Greater control over content creation due to collaboration with British Film Institute (BFI), Red Rock Entertainment and Screen Arts Institute Incubator

We have partnered with some of most well-known players in the industry so that we can provide the required support to the younger generation of filmmakers. Red Rock Entertainment, BFI and Screen Arts Institute have helped us capture 5$ of the crowdfunding market in the UK. With trusted partners like them by our side, we will establish a new means to invest in film and content.

10. You can shape the future of creative economy

Our world is built according to the decisions we make in our life. LiveTree ADEPT believes in the same ideology, and by investing in our platform, we empower you to help shape the future of the creative industry. This economic makeover was long overdue, and we believe you have the ability to reshape it.

To learn more or to buy SEED, please visit our website https://secure.livetree.com or Email: team@livetree.com.


Images courtesy of LiveTree

The post 10 Ways LiveTree ADEPT Will Disrupt the Entertainment Industry appeared first on Bitcoinist.com.

Source: Bitcoininst

Hacker Chic; Get a Bitcoin, Periodic Table or Fibonacci Sequence Fashion Dress

Hacker Chic; Get a Bitcoin, Periodic Table or Fibonacci Sequence Fashion Dress

Crypto is going to change the world, and so are women. And women who dabble in bitcoin never want to look basic. As an answer, Shenova Fashion combined the two in a made-to-order Bitcoin Genesis Block Dress. It’s one more piece of proof bitcoin and cryptocurrency are making it into the mainstream.

Also read: How To Regain Control From Nanny Zuck

Bitcoin Genesis Block Dress

“My husband just gave me the Bitcoin dress for my birthday,” raved Allison F. who left a review on the Shenova Fashion website, “and I wanted to tell you how much I like it. The idea is awesome and I’m particularly impressed with the quality of the dress. It looks professional and elegant and I love the fabric – I think it will be really comfortable and will travel well.”Hacker Chic; Get a Bitcoin, Periodic Table or Fibonacci Sequence Fashion Dress

The Bitcoin dress is the brainchild of designer Holly Renee, who began her overall fashion project in 2012 as an Etsy page, though she’d been designing since she was a teen. In terms of the Genesis Block dress in particular, the “inspiration behind the dress was wanting to solidify this moment in history,” Ms. Renee told News.Bitcoin.com. “I feel like fashion needs to reflect socio-economic trends, and Bitcoin/Crypto has reached an awareness tipping point. (You know it’s happened when folks’ grandparents are asking about it! ) I’d already been designing dresses with code on them, so this felt like a natural addition to my tech collection,” she explained.

Work it Girl! In a Bitcoin Genesis Block Dress

The San Francisco based company digitally prints on the fabric, and each dress is made by hand through “sewing artisans.” The process “provides a zero-waste print-to order technology. The textile file that is created is printed onto transfer paper, then transferred to the fabric with heat rollers which permanently seals the inks into the fibers. The fabric is then individually cut to size, tagged, sewn and shipped,” according to the company’s site. It’s fitting a crypto dress would be printed digitally, and Shenova describes the process as exciting “because it allows whimsical flexibility, and endless creativity. If you can see it, you can print it (then wear it!) The concept is so great because you can literally take something right off the computer screen and onto your body.”

Ms. Renee continues, “Crypto is going to change the world. I’m incredibly fascinated by the idea of The People taking back control of our money. By creating this dress, the wearer is inviting a conversation. Inevitably, someone’s going to ask you: ‘What’s on your dress?’ Then hey, now you get to talk about Bitcoin! The dress not only looks cool, but is an icebreaker. You might even make a new friend. Creating art that connects people is the ultimate inspiration behind all of my designs,” she insisted.

Work it Girl! In a Bitcoin Genesis Block Dress
Holly Renee

Beautiful Hacker Chic

Another customer, Isabella R., described the Bitcoin dress as “beautiful hacker-chic,” and how she loves “everything about this dress! The stretchy material and cut is very flattering, comfortable, and light. Print quality for text this small isn’t always so crisp, and stretchy material can sometimes have seam issues which I haven’t found here.”

Work it Girl! In a Bitcoin Genesis Block Dress

“The style/cut of dress I prefer is the classic sheath-style, ‘Little Black Dress,’” Ms. Renee details. “It’s a type of dress that celebrates the feminine shape, but is conservative enough for the office. It can be worn to work, but serve as a fun conversation piece at a cocktail party. Many of my tech women customers also like to give presentations in my pieces.”

Work it Girl! In a Bitcoin Genesis Block Dress

Ms. Renee describes Bitcoin dress sales as pleasantly surprising her, and in one case within five minutes of an Instagram post a dress was sold — a record for Shenova. The dress can be purchased online and with bitcoin. Her designs include a myriad of science and technology related dresses: Periodic Table dress, Circuitry dress, a Fibonacci Sequence dress, and many more. Shenova even uses science and tech savvy models for an extra ounce of street cred. And her dresses have been worn by influential women in science such as Nina Tandon of Epibone and Planetary Scientist Emily Lakdawalla from Planetary.org.

Would you (or your lady friend) rock the Bitcoin Genesis dress? Let us know in the comments section below.


Images courtesy of Pixabay, Shenova.


Not up to date on the news? Listen to This Week in Bitcoina podcast updated each Friday.

The post Hacker Chic; Get a Bitcoin, Periodic Table or Fibonacci Sequence Fashion Dress appeared first on Bitcoin News.

Source: Bitcoinnews.com

Goldman Sachs-backed Circle Buys Poloniex Cryptocurrency Exchange for $400M

Circle, the notionally cryptocurrency-focused payment services startup, has reportedly bought exchange Poloniex for $400 million.


Job Done Between Circle And Polo

According to Fortune editor Robert Hackett who leaked the news in advance, an official statement will follow Monday. The takeover means a cryptocurrency exchange is now under direct ownership of a Goldman Sachs funded company.

Hackett wrote on Twitter earlier this morning:

Rumors have swirled in recent weeks that Circle has been in talks to buy the cryptocurrency exchange (Poloniex). […] I can confirm here for the first time that, yes, Circle has completed the acquisition. (A source familiar with the terms told me the price tag came to roughly $400 M.)

Circle Takes On Crypto Exchange Giants

Circle had fallen out of favor with diehard Bitcoin fans after it made the decision to divest itself of Bitcoin interaction. One of the pioneering major movers in cryptocurrency, many saw the removal of Bitcoin from the Circle Pay app as a rejection of the more innovative values cryptocurrency represents.

Commenting on Poloniex’s incorporation, however, Hackett saw Circle establishing a firm foothold in the now vastly-expanded crypto corporate arena:

This is a huge coup for Circle—putting it within striking distance of other big U.S. crypto exchanges, like Coinbase’s GDAX, Kraken, and Bittrex.

According to the report, Circle’s revenue from cryptocurrency trading would significantly increase thanks to Poloniex – up to around $1 billion per year, proportionally roughly similar to the combined revenue of the entire exchange sector of South Korea.

Poloniex itself had been facing mounting criticism in recent months. A huge influx of new users over the second half of 2017 saw technical problems and outages at key trading moments as technology struggled to cope with demand.

Also struggling was customer support, a problem repeated across many exchanges in the industry as newbie traders made rookie mistakes and relied on staff to provide a remedy.

What do you think about Circle buying Poloniex? Let us know in the comments below!


Images courtesy of

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Source: Bitcoininst