Kenyan police have reportedly closed their investigation of Worldcoin, allowing the latter to resume its activities in the East African nation. The chief legal officer at Tools for Humanity confirmed that Worldcoin would soon resume registering Kenyan users. Tools for Humanity Praises ‘Fair’ Investigation The Kenyan police have reportedly concluded their investigation into Worldcoin, which […]
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Innovative Mining Protocol Concludes a $2 Million Fundraise Led by Exnetwork Capital and Oracles Investment Group
Leading Venture funds including Exnetwork Capital, CSP DAO, STC Capital, Oracles Investment Group, MoonBoots, Leos Ventures, Global Key Investment, and Aza Groups, have successfully led a funding round for MINE Network. A group of strategic partners including Skyrim Finance, Kylin Network, Charged Particles, and FOMO Chronicles also supported the round, to help MINE Network raise million.
Reportedly, it was an oversubscribed private sale with unimaginable responses from some of the industry’s most influential and trusted names. The project has attracted a slew of high-net-worth individuals who are trusting the project’s vision to be a premier solution provider in the crypto mining industry.
With the successful funding and IDO launch, MINE Network is ready to kickstart the journey of creating its eco-conscious, multi-chain mining protocol until it attains its fullest potential. MINE Network is enthusiastic about revolutionizing the very core of the crypto sphere and with immense support from the blockchain community.
Standardizing Mining Power
As the first decentralized standard hashrate token protocol solving mining problems, MINE Network is geared towards standardizing mining power. MINE will set up the mining power standard for a list of mining projects so that the mining power. This applies to mining powers from MINE and other mining pools, so they can be easily tokenized and clearly identified.
Growing cloud mining pools have curbed and lowered certain barriers impeding entries in crypto mining. However, there are a good number of cloud mining pools with no proper standard which can inhibit the rapid growth of the sector. MINE Network’s goal to standardize mining power is targeted at offering scaling potential to the industry.
MINE Network’s protocol is out to develop the right standards for numerous mining powers and also the minimum standardized hashrate unit. With this, the MINE Network mining pool will be an open and accessible tokenized market. As MINE aims at this problem of low standards, it is positioned to bring the mining ecosystem to a completely new level of accepted standards including energy consumption ratio, types of specific mining equipment as well as their numbers.
Building A Decentralized Community With Complete Autonomy
MINE Network as a project seeks to build a decentralized community with complete autonomy. This is a major factor in dealing with credibility issues facing the mining industry. MINE aims to act as a fully transparent decentralized autonomous organization. For every growing mining project, the MINE Network DAO will be adjusted to suit all stages for the community to be developed without hindrances. As the project matures, the MINE Network DAO increases. The primary objective is to grow into a decentralized protocol with full community autonomy.
As it works towards becoming a DAO, MINE Network is encouraging the willingness of the community to participate in governance by lowering participation thresholds and increasing incentives.
MINE Network is building a community with no hierarchical management or central governance. It will have a plethora of beneficial purposes. Miners on the platform will enjoy a self-sustaining economy with a better distribution of mining power for an even more equitable space.
Abu Dhabi Global Market Concludes First Phase of Blockchain-Based KYC Project
n Abu Dhabi Global Market, an international financial free zone within the capital of the United Arab Emirates, has concluded the first phase of its blockchain-based KYC projectn
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Decentralized Exchange Concludes $15 Mln Funding Round Supported by Huobi and OKCoin
n Decentralized exchange BHEX has raised million in a recent funding round, in which major exchanges like OKCoin and Huobi participatedn
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Israeli Blockchain Startup Concludes $30 Mln Financing Round That Included Intel, Sequoia
n Intel and Sequoia have contributed to Israeli blockchain startup StarkWare Industries in a million funding roundn
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Crypto is a Poor Form of Money for Terrorists, Congressional Hearing Concludes
n Cryptocurrency is a poor form of money for most of terrorists, says director of analysis at U.S. think tank FDDs CSIF Yaya Fanusien
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GIFcoin Successfully Concludes Stage 3 of Token Pre-sale, Heads for the Moon
Have you heard of GIFcoin? If not, it is high time you did before the “most transparent ICO of 2018” comes to an end.
Under severe conditions of a bearish crypto market, the crowdsale of GIFcoin — the world’s first Gambling Investment Fund, is performing exceptionally well. The GIFcoin ICO is in its 4th Stage where potential investors can cash in on an attractive 20% bonus.
The cryptocurrency industry is riddled with uncertainties since the beginning of this year as the value of various tokens continues to hover below the February and March values. In such a scenario, those participating in the GIFcoin token sale stand to gain a unique edge over the ones investing in other projects. Unlike some of the other token sales, the price of GIFcoin tokens (GIF) is pegged to ETH instead of its fiat equivalent. At present, investors will receive 10,000 GIF tokens for every ETH deposited, along with an additional 20% bonus.
Compared to other projects, the GIFcoin is backed by VitalBet, an online betting platform with years of operational history. The investors’ trust in the project is further magnified by the unprecedented transparency of the team, which runs regular live streams, continually asks its backers for feedback, and is already working on the first steps of the roadmap even before the ICO has come to an end.
GIFcoin Grabs an Appetizing Chunk of the Gambling Industry’s Gigantic Profits and Shares It with Investors
According to multiple reports, online gambling has its place among the TOP 3 most profitable digital businesses in the world today. In 2017 alone, the industry recorded revenues as high as 0+ billion.
By joining the GIFcoin ICO, you get the unique chance to benefit from these gigantic profits. GIFcoin’s main aim is to raise capital that will be used to develop its already existing money-generating betting website VitalBet further. Recent website statistics show that VitalBet has more than 20,000+ active users in 20 countries around the world (as of 2017), and its net profit for the same year was a little over million.
As a GIF token holder, you will profit not only from the potential enhanced token value but also from a share of VitalBet’s yearly net profits. GIFcoin tokens holders will collectively receive dividends from their investments in GIF, accounting for 80% of the firm’s net profit. This will turn GIFcoin into a sustainable passive income earner for its investors. While GIFcoin’s team realize their generous intentions, they are driven by the notion of long-term mutual growth.
About GIFcoin
The GIF in GIFcoin stands for Gambling Investment Fund. This fund is backed by an already functioning betting website – Vitalbet.com. The idea of the GIFcoin ICO is not to declare that they are crafting something genius but rather to raise capital, which they will then use to upgrade the already functioning product, VitalBet, into a world-class gambling platform. The ICO will also provide an opportunity for the firm to greatly popularize and promote the VitalBet Brand on the most promising betting markets in other jurisdictions around the world. When this is complete, the firm will then devote itself to increasing VitalBet’s client base.
GIFcoin has already announced its intention to share up to 80% of the annual net profits from VitalBet’s operations with the token holders. Thus, by buying GIF tokens in the GIFcoin ICO, you, as an investor, will be participating in an existing, moneymaking business that is just breaking ground to become a long-term liquid investment vehicle while exhibiting sustainable growth over the years.
GIFcoin ICO Details
The Token Distribution for the entire 300,000,000 GIF supply is as follows;
The platform sold a total of 10,000,000 GIF during an initial Private Sale, it was followed by Stage 1 of the public pre-sale where 6,400,000 GIF was sold out in no time. The Stage 2 and Stage 3 of the ICO offered participants with 7,000,000 and 7,800,000 GIF respectively. Now in Stage 4, GIFcoin is offering 8,400,000 tokens on sale along with a 20% bonus.
The next three stages will witness the sale of 92,400,000, 77,000,000 and 61,000,000 tokens at 15%, 10% and 0% bonus respectively. ICO subscribers can use some of the accepted payment methods including ETH, BTC, and LTC to purchase the tokens. FIAT payments are not accepted. The Minimum investment you can make during Stages 1-5 is either 0.5 ETH, 0.05 BTC, or 2 LTC. Soft Cap is set at 5,000 ETH while the Hard Cap is set at 24,000 ETH. Hurry while the 20% bonus lasts.
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Apex Concludes Successful Token Airdrop, Prepares to Offer Decentralized Data Management Solution
APEX, the platform bringing next generation of consumer-brand interactions has recently concluded its token airdrop campaign, which was followed by the token distribution to all the eligible participants. The campaign was a result of the company’s decision to not opt for the token sale campaign that was otherwise scheduled to go live from February 26, 2018. Apex is NEO-based, decentralized data exchange platform that provides companies and businesses verifiable and quality data, while benefiting the consumers for sharing their data.
The Background
One of the biggest challenges we face today is data collection. With regulations governing data collection and handling getting stricter and more complicated, the levels of transparency are steadily declining throughout the process. Companies that especially need and use data are not sure of the data quality that they are gaining access to. In addition, data sharing entities and individuals are also unaware of who is using the data and for what purpose.
How APEX Addresses This Challenge?
Apex gives users control over their data, allowing them to decide how the data companies are accessing, collecting and utilizing it for different purposes. In addition, every time the data is used, the users get Apex Coin (CPX) as a reward. A user is notified before the data is used by the company, along with other relevant links and marketing tools. Using those links, users get an opportunity to earn more rewards, while companies get a chance to indulge in target marketing.
The Apex Design
The platform is to be integrated with existing products’ network, from Chinapex. This includes Nexus that lets companies evaluate, manage and use collected data using given tools. Blended with the IQ products of Chinapex, the data can be used for machine learning and Artificial Intelligence (AI) models.
The Apex Tokens
The Apex token (CPX), is to be used for the platform’s transactions, as well as paying for existing products from Chinapex, for instance, Nexus services and analytics. Purchases made using CPX will be 80% less than the fiat payments. The company will sell CPX via Apex’s reward wallet, integrated with daily amount limit and a priority system. Users who buy CPX during Apex crowdsale will be given the highest priority. Besides IQ and Nexus, Apex also has PRISM, a real-time data collection system, already having big companies as customers, including BMW and Maserati.
About the Token Sale
Following the airdrop, the company has 25% of the total number of tokens reserved for platform’s growth and development, 15% for the team and company’s advisors and the last 10% is to be kept as company reserves. In the earlier private pre-sale, Apex raised million, where investors got a 50% bonus, while the 50% of the total tokens purchased by each investor is locked for up to 4 months.
To know more about the platform please visit https://apex.chinapex.com/
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B2Broker Partners with Bancor to Maximize Liquidity of B2BX Tokens as Soon as ICO Concludes
B2Broker, a leading trading technology provider who offers comprehensive solutions for brokerage companies, has joined an expanding group of projects to partner with Bancor, the Smart Token cryptocurrency protocol, to maximize the trading liquidity of B2BX tokens sold as part of its successful token sale.
The protocol integration will enable holders of the Bancor Network Token (BNT) to convert BNT for B2BX tokens, and vice versa, instantly and continuously. Thanks to this technology tokens will have continuous liquidity by utilizing reserve tokens through their smart contracts, with an automated price-discovery mechanism. This is traditionally achieved through matching buyers and sellers in exchanges, and now can be executed automatically, directly on the blockchain, thanks to Bancor protocol smart contract technology.
Bancor’s smart contracts utilize a reserve token method which will allow B2BX tokens to automatically convert to BNT, ETH and any integrated token in this decentralized liquidity network, according to an open-source algorithmic price. These conversions take place directly between smart contracts, outside of exchanges.
This collaboration will bring increased liquidity to B2BX tokens. B2Broker CEO Artur Azizov commented: “The successful progress of our token sale lead us to make sure that the trading environment is as favorable as possible for B2BX token holders. We admire the Bancor technology, and will launch our tokens based on its protocol right after the ICO is concluded, as the current smart contract will not allow it to implement it right away.”
About Bancor
Bancor is a protocol for the creation of Smart Tokens, a new standard for cryptocurrencies which are intrinsically exchangeable directly through their smart contracts. Bancor utilizes an innovative reserve method to enable automatic price discovery and continuous liquidity for tokens, without needing to match two parties in an exchange. Smart tokens interconnect to form token liquidity networks, allowing user-generated cryptocurrencies to thrive.
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B2Broker Partners with Bancor to Maximize Liquidity of B2BX Tokens as Soon as ICO Concludes
B2Broker, a leading trading technology provider who offers comprehensive solutions for brokerage companies, has joined an expanding group of projects to partner with Bancor, the Smart Token cryptocurrency protocol, to maximize the trading liquidity of B2BX tokens sold as part of its successful token sale. The protocol integration will enable holders of the Bancor Network … Continue reading B2Broker Partners with Bancor to Maximize Liquidity of B2BX Tokens as Soon as ICO Concludes
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