MDK Entertainment Community Will Tokenize Memes in a New Blockchain Project

Content creators, moderators and commentators will get cryptocurrency rewards for quality content.

Moscow – Oct. 25, 2017 – MDK, one of the largest Russian entertainment communities of over 20 million social media users, today announced the plans to create a new mobile app and to launch a new blockchain project decentralizing social media value and allowing participants to earn cryptocurrency rewards for active content creation, moderation and amplification.

The company is creating the MDK application – a platform for digital communications and commerce that delivers value to the creators, users, moderators, and businesses, and coordinates their actions. MDK app includes an internal reward system to motivate members for useful actions.

In order to launch the app, MDK token pre-sale aimed to raise $1M will start on November 7th. MDK token will serve as an internal currency of the application. Community members can earn tokens for creating quality content, active participation in moderation and commenting.

Market and Motivation

Social media content is created mainly by users. More relevant and engaging content generates more traffic and increases the revenues of social media giants. Facebook has gained $26.9B and VK – $155M in advertising revenue in 2016. Ad spend worldwide has been increasing steadily and is expected to reach almost $550BN USD in 2017.

MDK has developed the platform concept, where contributors can monetize their efforts and gain rewards for what they deliver. The project’s idea is to decentralize economic value and governance in social media and share them among the users. The key target is to establish the new global digital mass market. Therefore, the project’s key audience is not limited with the existing players of cryptocurrency market, but aims to comprise broader audience of internet users.

«Every day we receive thousands of news and memes from creators who wish to share the content with millions of users. Many are talented, but gain little attention or compensation in the existing social media. We envision a platform where everyone can share their content – and it will be up to users to decide its value. Although we don’t want to become yet another posting platform. We are empowering users to create memes, stories, videos, to grow the community, and to share its economic value”, says CEO and co-owner of MDK Roberto Panchvidze.

MDK Token

A total of 1 billion MDK tokens based on Ethereum will be issued. They will serve as an internal currency of the MDK application. Tokens will be accumulated on the platform and distributed between the active contributors through internal reward system. Thus, the MDK community members will be motivated to create quality content. It will attract more users, advertisers and business support, driving the token value on a daily basis.

All purchases in the ecosystem will be made by tokens. MDK users will be able to spend MDK Tokens on internal purchases, premium content, customizing and developing their profiles, promoting their content, and buying products, services, and other valuable assets offered by merchants and other members.

The key innovation is that common users are not required to purchase MDK Tokens. Instead, they can earn them by providing value to other members of the MDK community through content creation, curation and amplification in the MDK application.

“I think that MDK will implement this brave idea with blockchain. It will give the possibility to earn money for users not just for websites owners. MDK has all necessary for success: users, resources, competent managers and, which is the most important – has a will to change the Internet for the better”, comments this project Nariman Namazov, admin of famous imageboard 2ch.hk.

MDK Application

MDK app for iOS and Android – a worldwide entertainment community for the next generation – allows users to create, promote, and curate any content as well as to create local communities based on interests or location.

Content creation. Each user can create content and post it to their local community. After the content is published, it is evaluated by users. The more interesting the content is, the faster its rating grows, and the higher share of the rewards it gets. Content localisation system enables even the novice creators to become stars and gain tokens. Localisation also ensures that users get only relevant and up-to-date content.

Content moderation. Each user has a limited number of votes to spend to evaluate content posted by others. Using a Tinder-like model, the user acts as a moderator to upvote the content, skip it, or complain if they feel that the content is unacceptable. The most active moderators are rewarded with tokens.

Content commenting. Each post can be commented on, and comments that carry additional value can be voted for by users. A part of the reward for the post is be distributed between the best comments.

Gamification. The users rating reflects the number of tokens earned by them. The more tokens they get, the further they progress through the levels of application (getting to next level inquires more and more tokens). Each new level provides the user with new advanced features.  Gamification options are aimed to further engage users in the entertainment ecosystem and eventually build a self-regulated community.

Internal reward system. All purchases within the application will be recorded in the internal register. Then, after deducting the commission of the application required to cover the operating expenses and to promote the application, tokens will be transferred to the users’ reward fund.

Business opportunities. For brands, an internal advertising exchange and content promotion options will be available. Those include sponsorship of thematic channels, content competitions, polls and surveys, brand missions, stickers and in-app customization, a marketplace for goods and services.

The launch of app is scheduled for Q3 2018.

“I believe MDK to be an extremely nice and promising project, it’s a very rare case of a huge existing customer base, largest one in Europe in fact and a very promising blockchain based business idea. And it looks nice as well. I love it”, says Pavel Vrublevsky, founder of RNP.com and ChronoPay.

MDK Team and Advisors

The project will be launched by the MDK executive team. MDK is one of the largest entertainment communities in Europe with over 5 million unique visitors per month, over 20 million subscribers, and monthly coverage of over 30 million unique users. The team including Roberto Panchvidze (CEO and co-owner of MDK) and Dmitry Aladyshev (co-founder of MDK), among others, have more than 7 years of experience in in creating and distributing entertainment content as well as community management.

Roberto Panchvidze has worked at MDK for over 4 years. Now he is head of Operational Management in the MDK group, and an expert in the field of creative projects.

Dmitry Aladyshev has established himself as a successful serial businessman. He is an expert in the field of creating popular media.

The project is advised by a legendary Russian internet entrepreneur Pavel Vrublevsky, founder of RNP.com and international payment system Chronopay.com and Nariman Namazov, admin of famous imageboard 2ch.hk.

About MDK

MDK is the one of the most popular entertainment communities in Eastern Europe with more than 20+ millions of participants and 7+ years’ experience in the creative industry. Today it is a group of companies that unites its own creative agency (whose clients are Burger King, KFC, Unilever, Reckitt Benckiser, Mail.ru, Gazprom Media, Alibaba Group, etc.) and a group of communities in social networks (VK, Telegram, Twitter, Instagram, YouTube) with more than 60 employees.

https://en.wikipedia.org/wiki/MDK_(community)

mdk.is

Press contacts:

pr@mdk.is

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The world’s first blockchain acquiring Cryptonex (CNX) is preparing for launch

In 2017 we are witnessing active cryptocurrency industry development. Companies seek to offer their solutions to pressing problems, for example, security establishment and speed of conversion. However, blockchain experts come to the conclusion that there is a question that is not solved yet. We are talking about acquiring. Instead of waiting until the global commercial companies endorse cryptocurrency as a primary payment instrument on a par with fiat, ambitious developers are now offering projects able to change the situation.

In October 2017, ICO of the international blockchain acquiring project Cryptonex (CNX) was completed. The team has set up the main objective – to provide the opportunity to exchange any world currencies for crypto currencies and tokens to buy goods and services using mobile phone and payment cards. All transactions will be instantly carried out with minimal commission. Even in the absence of powerful PR-support, Cryptonex team managed to raise 18 million dollars. This result was achieved thanks to the value of the developed product. Taking into account, that every day there appear more than 200 new ICOs, such an impressive amount proves acquiring relevance and actuality for many people.

Today for funds deposit/withdrawal implementation, it is necessary to use exchangers or other services (for example, localbitcoins), which charge fees and take much time for conducting operations. There is always risk to lose money because of a dishonest contractor. Money withdrawal is also difficult, and there is no opportunity to pay with cryptocurrency using a mobile application. Cryptocurrency holders are tired of waiting for conversion, deposit and withdrawal and of the fear of losing funds on the exchanges.

To solve these problems, Cryptonex has already developed a secure web wallet that allows to store and convert popular cryptocurrencies. The team has begun to implement the mobile application and the opportunity to work with fiat. Cryptonex is based on Scrypt encryption algorithm. It protects transactions and wallets from hacking from the outside. The access may be encrypted; the key thing is to store the password in a safe place.

Some selected opportunities of Cryptonex are implemented by other cryptocurrencies, in particular, Cryptopay and Dash debit cards. However, there is no full functionality, aggregating all the major financial flows in the blockchain anywhere.

In October the process of adding CNX to the exchanges started. Yobit and HitBTC appeared to be the first ones. In comparison with the initial public offering CNX coin value has increased to $2.5. The total amount of the coins issued for trafficking circulation is 105 million CNX. In the nearest plans of Cryptonex is to complete mobile app testing in winter 2018 and start acquiring development. With the Asian investors from the banking sector support, by the end of the year the company will have announced the first deposit/withdrawal operations using mobile app with contactless payments. CNX mandatory participation in acquiring will provide high liquidity and, accordingly, 70-100 times rising cost of the cryptocurrency on exchanges. As an additional income source, the team offers P-o-S mining to the users. The yield is 12% per annum, plus coin price growth. Besides, till the entry into circulation of 90 000 000 CNX, one can participate in the referral program with 20% bonus from coins purchase. Such tools and coin growth prospect together with large-scale financial and technical project support will make some cryptocurrency holders think of their funds redeployments in favor of Cryptonex.

Official site https://cryptonex.org/
Facebook https://www.facebook.com/Cryptonex.org
Twitter https://twitter.com/Cryptonex_CNX

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Katrina Arden Joins the Crypterium Team as Project Adviser

Crypterium has begun working with Katrina Arden, a leading expert in the blockchain legal regulation. Arden has a thorough knowledge of the global legislation and regulatory requirements on the cryptocurrency market, and will support Crypterium as an adviser at the stage of preparation and conduct of its ICO.

Ms. Arden has dozens of successful ICO campaigns to her credit, including US projects. The founder of the Blockchain Law Group, a licensed attorney in the USA and Russia, Katrina has been practicing law for more than a decade. She has been working in the blockchain industry since 2016.

“In order to prevent fraud during ICOs, the government dictates the terms of transactions,” remarks Katrina Arden. “Some countries introduce additional restrictions, and others, such as China, simply ban the technology. But even where the sale of tokens is legal, the rules differ for participants from different business sectors. Startups have to take all these nuances into account when launching an ICO. A single sentence that is poorly drafted from a legal standpoint can ruin all the work.”

According to Arden, regulation of the sector is in its formative stages, and no unified legislative framework has yet been created. The regulatory authorities periodically propose new initiatives, which partially revise the format of the market, and as a result force entrepreneurs to review their solutions to ensure the legal security of tokens.

Steven Polyak, managing director and co-founder of Crypterium, comments:
“We are very pleased that Katrina has agreed to join us. We believe that her successful experience in legal support for major ICO projects is priceless. Every market has its own priorities and legislative framework that determine the approach to the legal regulation of the industry. Moreover, regulatory principles are only now being formed, and it’s essential to track the constant changes in order to comply with the standards that are being established in various countries. We are seeking to become a global cryptobank whose services are available anywhere on earth, and quickly adapting the legal documentation to global legislation is an important element of our project.”

Earlier this year, the US Securities and Exchange Commission (SEC) published an official statement that explained its position on the regulation of virtual assets, including the procedure of an initial coin offering (ICO). According to this document, some tokens that are offered for sale through an ICO may operate similarly to securities. As a result of this decision, new projects preparing their ICO must carefully work out the legal concept of the token. In view of the significant differences and constant changes in the international legislative landscape, highly qualified legal support is a guarantee that tokens offered for sale are entirely legal and, as with the Crypterium project, provide their holders with access to important products and services.
About the Crypterium project:
Founded in 2017, Crypterium plans to combine a mobile bank, cryptopayment solutions for business, an OpenAPI crytpofinance platform for developers, and the opportunity to obtain decentralized cryptoloans. The cryptobank offers solutions in three areas: use of cryptocurrencies by individuals for everyday payments, provision of a revolutionary infrastructure for cryptocurrency acquiring for business (including with the payment of fiat funds to vendors), and simplifying the procedures for obtaining cryptoloans, while at the same time giving outside developers open access to its cryptobanking platform.

About the company:
Crypterium is an Estonian company with its head office in Tallinn. The Crypterium team has been working in finance and technology for more than five years, successfully creating contactless payment solutions. The Crypterium team includes leading specialists from several industries: Steven Polyak, a highly experienced investment banker with his main focus of interest on the American and Russian capital markets; Austin Kimm, head of a number of financial services companies and strategic consultant to international companies; Gleb Markov, a financial technology, banking, and cryptocurrency professional; and Vladimir Gorbunov, an entrepreneur with more than 10 successful new IT ventures to his credit.
Project website: https://crypterium.io
Facebook: https://www.facebook.com/crypterium.io
Twitter: https://twitter.com/@crypterium
Telegram: https://t.me/crypterium
BitcoinTalk: https://bitcointalk.org/index.php?topic=2214098

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Sharpe Capital fills $8million pre-sale ICO registration

London-based Blockchain firm Sharpe Capital has reached their $8 million goal in less than a month of the project’s launch and before their scheduled ICO pre-sale has even started.

With scientists from the University of Oxford, UC Berkeley and capital market experts working on the project the group aims to develop a crowd sourced market sentiment platform on global equities and blockchain enabling users to earn Ethereum in exchange for their opinion.

The firm is hoping to raise a further $8 million in November through the issuance of SHP tokens via the Ethereum blockchain. This will take place during a 7 day discounted pre-sale, beginning 6th November and will be followed by a 28 day crowd sale, resulting in a total cap of $20MM USD.

Sharpe Capital has been widely talked about in recent weeks due to the partnership agreement with TaaS, the first-ever tokenized closed-end fund dedicated to blockchain assets.

Dimitri Chupryna, co-founder and a Managing Partner at TaaS commented:

“Sharpe have developed a unique approach to evaluating market insight in real-time, in a way that drives significant value for both sentiment providers and investors using the data. To have filled their $8 million pre-sale so far ahead of launch is fantastic; we are very pleased to support Sharpe and their vision”.

The technology behind Sharpe Capital focuses on neural networks to look for patterns in financial data that are predictive of future asset prices.

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Crypterium Presents an Innovative Mobile Digital Bank Project at the Coin Agenda International Conference

Crypterium is coming to the Coin Agenda international conference, which begins in Las Vegas on October 24, with the prototype of an already functional mobile digital banking app. It’s expected that Crypterium’s developers will demonstrate a mechanism for making withdrawals from accounts using QR codes.

Coin Agenda is sometimes called Christmas for the cryptocurrency crowd. The international conference, which attracts the industry’s leading professionals, is the jumping-off point for many startups. Crypterium will present the final model of its innovative cryptobank to the world community. The subject of the presentation will be the working principles of the payment infrastructure and ways of making account withdrawals using QR codes. Austin Kimm, one of the company’s founders and co-author of the Crypterium’s White Paper, talks in more detail about this and other solutions at Coin Agenda:

“The main objective of the Crypterium cryptobank is to solve the problem of using cryptocurrency in everyday payments. Achieving this objective is precisely what QR technology is needed for. Retail outlets that don’t accept virtual currencies will be able to receive an individual code using our app. The customer then transfers the payment amount in cryptocurrency to this code, and the vendor’s account receives it in fiat.”

For Crypterium the Coin Agenda conference not only offers an opportunity to present its product to a wide audience, but is also the last serious test before the launch of its ICO: the event is being held a week before sales starts. Their American agenda includes among other things meetings with potential token holders and representatives of cryptofunds. Crypterium is currently negotiating with funds from Europe, the United States, Japan, the United Arab Emirates, and Singapore.

About the Crypterium project:
Founded in 2017, Crypterium plans to combine a mobile bank, cryptopayment solutions for business, an OpenAPI cryptofinance platform for developers, and the opportunity to obtain decentralized cryptoloans. The cryptobank offers solutions in three areas: use of cryptocurrencies by individuals for everyday payments, provision of a revolutionary infrastructure for cryptocurrency acquiring for business (including with the payment of fiat funds to vendors), and simplifying the procedures for obtaining cryptoloans, while at the same time giving outside developers open access to its cryptobanking platform.

About the company:
Crypterium is an Estonian company with its head office in Tallinn. The Crypterium team has been working in finance and technology for more than five years, successfully creating contactless payment solutions. The Crypterium teams includes leading specialists from several industries: Steven Polyak, a highly experienced investment banker with his main focus of interest on the American and Russian capital markets; Austin Kimm, head of a number of financial services companies and strategic consultant to international companies; Gleb Markov, a financial technology, banking, and cryptocurrency professional with over 10 years’ experience; and Vladimir Gorbunov, an entrepreneur with more than 10 successful new IT ventures to his credit.

Project website: https://crypterium.io
Facebook: https://www.facebook.com/crypterium.io
Twitter: https://twitter.com/@crypterium
Telegram: https://t.me/crypterium
BitcoinTalk: https://bitcointalk.org/index.php?topic=2214098

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Growing Social Media Influencer Market Now Has It’s Own Cryptocurrency: The indaHash Coin

World’s fastest growing influencer marketing platform debuts ICO to revolutionize the influencer industry

indaHash.com, the global technology platform that connects more than 300,000 digital influencers with a combined reach of 1 billion followers to brands around the world, today announced the launch of their ICO (initial coin offering). The indaHash Coin is a universal cryptocurrency payment structure available to social media

influencers, their audiences and brands. indaHash is introducing an ecosystem that enables influencers to create their own cryptocurrencies, which would value the activity of their audience. With the introduction of the indaHash Coin, indaHash will solve a wide range of issues and challenges between influencers, brands and audiences, while allowing their network of global influencers to play a part in the rapidly growing cryptocurrency market. The ICO pre-distribution will begin on November 8, 2017 and pre-registration for tokens is now open.

Because of a highly structured crypto-economic system, the indaHash Coin has the potential to become the world-standard currency for settling all influencer activities, reflecting the value of this growing market. This ICO paves the way to enable simplified, seamless deposits on an innovative and secure platform, while granting digital tastemakers access to a leading-edge form of payment. It comes from an international business with a proven product, established track record, healthy revenue and recognizable clients including Coca-Cola, McDonald’s and L’Oreal.

How it works: The indaHash crypto-economic system works between three groups: brands, influencers and audiences.

Brands
Brands use indaHash Coin to pay for marketing campaigns with influencers. Because of this, influencers, no matter where they are located, can receive payments immediately, eliminating the 30-60 day waiting periods for payments. As part of a completely new service, “Pay-With-Fame”, influencers will have the possibility of exchanging their earned indaHash Coins for a variety of different offers from brands. For example, influencers will receive early access to limited edition products, as well as events and exclusive workshops. The new feature will change the way brands work with influencers by allowing influencers to receive exclusive discounts on products and services they wouldn’t normally receive. Brands will also benefit from this feature by receiving authentic reviews from desirable trendsetters.

Influencers
Influencers, based on indaHash Coin, can create their own tokens and use them to increase their audience engagement by rewards and gamification. They are also able to exchange their tokens for payout, or hold onto them in hopes their value will grow with time based on the cryptocurrency marketplace. Most importantly, payout with indaHash Coin will allow them to be an integral part of the growing and evolving cryptocurrency industry.

Audience (followers)

Influencer audiences can use collected tokens and exchange them for exclusive actions set by the influencer for their community. For example, customized prizes personalized by the influencer, one on one meetings and other social activities.

Barbara Soltysinska, co-founder of indaHash.com commented, “As a business, we exist in the digital realm so it makes perfect sense to open up the platform to transactions in cryptocurrency which is rapidly growing in popularity. With the introduction of indaHash Coin, we want to tokenize the influencer marketing world and create a revolution in terms of brand cooperation and audience development, solving a wide range of issues and challenges between influencers, brands and fan bases.”

Timeline, implementation and distribution of the indaHash ICO:

  • Pre-ICO will begin on November 8, 2017 and will run for 7 days with participants enjoying a bonus for early adoption
  • ICO structure will be built on proven smart contract technology and perform an immediate exchange of indaHash Coins from Ethereum
  • The final number of indaHash Coins created will be determined by how many tokens are released in the ICO
  • 80% of all coins are available during pre-ICO and ICO. A maximum of 18% of the total supply of coins will be used to engage and educate existing and new influencers

At the time of this release, the indaHash app is used by over 300,000 social media users in 70 countries. Twenty percent of the token emission will be used to help educate influencers and motivate them to actively use and fully understand the benefits of the indaHash Coin.
As cryptocurrency gains legitimacy and traction within the global financial market, opening up this form of payment to social influencers allows indaHash to be at the forefront of creating a new business model for the influencer marketing industry and stay highly innovative.

For more information or to pre-register for token sales visit indahash.com/ico.

Whitepaper download: https://indahash.com/assets/images/ico_landing/reports/indahash_whitepaper_ico.pdf

###

Contact:
Allie Maltese
Head of US Communications
allie.maltese@indahash.com
908-510-4778

About indaHash:
indaHash – is an international technology platform that automates content marketing campaigns with digital influencers on Instagram, Facebook and Snapchat. It was launched at the beginning of 2016. Since then, the platform has been used to execute over 1000 campaigns in EU, MENA, USA, South Africa, India (in total, over 70 markets) for brands such as Coca-Cola, McDonald’s, P&G, or L’Oreal. The app has over 300,000 registered digital influencers with a total reach of over half a billion followers.

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Copy-Trading Platform for Crypto Assets, Covesting, launched Pre-ICO on October 20th

he Covesting project captured ample media attention since it was announced by Dmitrij Pruglo, as it is the first of its kind, copy-trading platform for crypto currencies.

What Covesting Platform Offers

Covesting allows less-versed cryptocurrency investors to automatically copy the trades of the expert traders on the platform, thus increasing their chances to make profit from the trades. In return, the expert traders get 18% of the profits made by followers copying his trade, and Covesting takes 10% towards facilitation. Considering that Covesting charges an additional 2% of the total deposited amount, the investor still makes over 70% of the original profit without getting involved in the actual trading.

Mr Dmitrij Pruglo, the CEO spoke to the media and said, “it’s a very exciting moment for us as we go into the pre-ICO stage. We have worked hard for this and we are looking forward to a very positive response from the market. The market is vastly centralized which is why it is plagued with perennial issues like opacity, scams, unethical deals and often, immoral and illegal deals. With decentralization and blockchain, we are here to erase those problems and connect the investor to the trader, for direct profit sharing.”

Exclusive Advantages of Covesting pre-ICO sale

In order to develop the platform within shortest period of time, Covesting team has decided to go for Initial Coin Offering (ICO). Covesting pre-ICO is followed quickly by the ICO which runs from November 24 to December 23, 2017. However, the pre-ICO deal is much better than the ICO offer. Some of the exclusive advantages of the pre-ICO deal are

  • Discounted Rate: COV prices are kept 300 COV for 1 ETH which is more than 70% discount compared to the final stage ICO rate of 130 COV for 1 ETH. Even if we compare it against the best rate during the ICO, which is 200 COV for 1 ETH, this is a 50% more than that. This makes the pre-ICO particularly enticing.
  • Limited Coins: Unlike many other coins where as much as 20% coins are available during the pre-sale, Covesting is bringing only 7.5% coins to the market during this phase. Why is this good for the early investor? Because, not many investors can get these coins at that rate and that pulls up the actual value of the early investor’s coins up.
  • Low investment: Some ICOs want as much as 50 ETH as minimum purchase during pre-ICO, Covesting wants only 0.1 ETH (30-32 USD) as the minimum investment. Thus, Covesting is perfect even for the smaller investors.
  • Profitability: As soon as the platform goes live in 2018 the price of the COV coins is expected to go up as more traders, experts and investors join the bandwagon, thus, creating a higher demand for these coins.

Covesting provides exceptional opportunity to take part in the token crowdsale and benefit from the platform growth by purchasing Covesting Tokens prior to the beta-version launch of the copy-trading system.

Intependently rated ICO. Growing team of professionals.

The ICO has already gone through a third-party audit, where ICO Bench rated Covesting a 4.7/5.0 which is much higher if compared with its peers. The Covesting team has also added four additional advisors in the past week to the project. Vlad Dobrov, an entrepreneur and ICO advisor based in New Zealand with 19 years of financial industry experience; Mounir Fallah, the Executive Director at FXQuantum who has 12 years in brokerage and asset management experience based in the United Arab Emirates; Ivan Klykov, CEO of Invest Idei and an ex-head portfolio manager from Russia; and Andrey Gromak a director at Barings Private Finance have all joined the team to assist with functionality and feature development on the Covesting platform.

Covesting pre-ICO Details

  • Coin Name: COV
  • Coins available in pre-ICO: 1,500,000 (7.5% of total coins)
  • pre-ICO date: 20th Oct 2017 – 19th Nov 2017
  • Price: 1 ETH = 300 COV
  • Target: 5000 ETH

Pre-ICO shall be executed on first-come, first-served basis, therefore availability of tokens can’t be guaranteed for all interested participants.

Learn more about Covesting: https://covesting.io
Covesting whitepaper: https://covesting.io/Covesting_White_Paper.pdf
Follow Covesting on Facebook at: https://www.facebook.com/covesting
Follow Covesting on Twitter: https://twitter.com/covesting
Join Covesting Telegram channel at https://t.me/covesting
Website: www.covesting.io

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Crypterium to hold an ICO for a revolutionary mobile cryptobank project, during which it expects to collect USD 75 million.

On October 31, 2017, the Estonian company Crypterium will hold an ICO (Initial Coin Offering). Crypterium is a mobile cryptobank that allows instant payments, the exchange of fiat and cryptocurrencies, cashback from transactions, the issue of crypto loans and much more. The goal of the project is to create an integrated banking service that brings together all the best capabilities and possibilities of blockchain technology. Soon we will see the launch of crypto-fiat payment infrastructure that supports settlements at 42 million points of sale throughout the world, in all areas of consumer services: cafes, filling stations, paid parking, Internet stores, etc.

Using the cryptobank will be just as easy as using an ordinary debit card. After creating an account, users will be able to transfer digital cash to their accounts, which will be shown as a fiat balance in US dollars, rubles, euros, or any other currency that is convenient for the user. It will be the first transaction system ever not to impose restrictions such as daily limits, and will not force users to wait several weeks for a plastic card to be issued. “Crypto” transactions will be performed in retail networks using the Visa, MasterCard or UnionPay payment systems, or with the support of Apple Pay, Samsung Pay or Android Pay mobile services.

The Crypterium token sale will start in two weeks. ICO participants will be offered the company’s own CRPT tokens, which will be based on the Ethereum platform. The starting price has been set at 0.0001 BTC per token. Based on the agreements reached, the CRPT token will be introduced to the largest cryptoexchanges on the completion of the ICO, but not earlier than 30 days after reaching the fund collection targets.
The ICO will run until January 13, 2018. During this period, Crypterium’s founders expect to collect around USD 75 million. The resources gathered through the ICO will be used for the full-fledged launch of the cryptocurrency bank, which will commence its work in QI-II of next year.

“Our token will perform two functions. The first will be similar to the ‘gas’ used in Ethereum. In our case it will be used to support and develop Crypterium. There will be a 0.5% charge on each transaction performed on our platform, which will be used to purchase tokens from the exchange that will be burned during the performance of operations. This will ensure stable demand and, accordingly, a growth in the value of token. The second function involves the formation of a token fund called the Monthly Cashback Fund, which will receive 30% of our economic benefit obtained from the fee paid by a business for the use of our platform,” comments Steven Polyak, Managing Director and Co-Founder of Crypterium.

Registration of ICO participants will commence on October 24, 2017. Tokens can be purchased for either crypto- or fiat currency.

About the project:
Crypterium is a cryptobank founded in 2017 that plans to combine a mobile bank, cryptocurrency payment solutions for business, an OpenAPI cryptocurrency platform for developers, and the ability to receive decentralized crypto loans. The Cryptobank offers solutions in three areas: use of cryptocurrencies by individuals for everyday settlements, a revolutionary infrastructure for cryptocurrency acquisition by businesses (including with the transfer of fiat currencies to sellers), and simplified procedures for receiving crypto loans, all while retaining open access to its cryptobank platform for outside developers.

About the company:
Crypterium is an Estonian company headquartered in Tallinn. The Crypterium team has been working in fintech for more than five years, successfully creating contactless payment solutions. The team includes leading specialists from several industries at once: Steven Polyak, an investment banker with work experience on the US and Russian capital markets; Austin Kimm, financial services CEO and international strategist for multinational companies; Gleb Markov, fintech, banking & cryptocurrency professional; and Vladimir Gorbunov, an entrepreneur with more than 10 successful IT startups.

Project website: https://crypterium.io
Facebook: https://www.facebook.com/crypterium.io
Twitter: https://twitter.com/@crypterium
Telegram: https://t.me/crypterium
BitcoinTalk: https://bitcointalk.org/index.php?topic=2214098
For additional information contact katerina@icobox.io

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Flyp.me launches instant accountless exchange with 50% profit sharing

In the volatile and tense crypto space, there is a new accountless exchange that takes a firm stance opposing Segwit2X. Flyp.me just launched with 14 cryptocurrencies, shares 50% of the profits and has the ambitious goal of becoming the leading accountless exchange.

The team at Flyp.me came out recently with a fully working exchange that doesn’t require any registration whatsoever. Users only need their crypto address to make an exchange. No email required and no lengthy wait to see the deposit hit your account.

With Flyp.me, the user only chooses the amount to exchange, which cryptocurrency to send to Flyp.me and which cryptocurrency to receive back. It’s fast and as simple as sending a transaction and receiving your exchanged crypto straight in your wallet.

This team opposes Segwit2X and supports the key role of overall consensus. They aim to rebalance the power between users of an exchange and the exchange itself. Flyp.me focuses on the speed, privacy and ease of use of its exchange service. It also uses distributed policy-making to take the best path for the community and the future of the exchange.

It is fully working and has a growing user base. New coins have already been added with PIVX – last week – becoming the 14th cryptocurrency accepted. The Flyp.me team plans to implement new coins, integrate decentralized asset platforms and invest in R&D for 2nd layer solutions. To finance that, they are running an ICO now. They have raised a little more than 2,000 ETH and the ICO will finish in a few days.

During the ICO, Flyp.me generates FYP Tokens which receive benefits such as 50% share of the profits generated by the exchange, the ability to propose new features or coin additions, vote for key decisions and audit volumes. After the ICO, no additional FYP Tokens will be created meaning the same amount of tokens will share 50% of the profits.

Every three months, Flyp.me will distribute 50% of the profits to FYP Token owners in proportion to their ownership of tokens. Following the first two payouts, the timing of the payout will be voted by the FYP Token owners.

Flyp.me is developed by the team at HolyTransaction, the multicurrency wallet launched in 2014 and still active today. They have also released an API that allows businesses and developers anywhere to accept multicurrency payments via Flyp.me. Interestingly, the API is permissionless so anyone can start using it right away.

If you want to know more, visit Flyp.me

You can connect with others interested in Flyp.me on their Telegram, Twitter and Facebook

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Announcing the Leverj Token Sale

Leverj is a decentralized, leveraged cryptocurrency futures exchange. The Leverj token sale, which is supported by ConsenSys, begins on November 7, 2017 and the whitelist registration is currently open.

The idea of decentralization is infectious as it is irresistible. People new to crypto are astonished at the possibility of holding assets and trading without relinquishing control to a third party. Then they are hooked. Once you taste freedom you never want to go back …

… except for the user experience. Current DEX offerings cannot compete with the speed and responsiveness of centralized exchanges. If it takes 60 seconds to know if your order went through or 3 days to settle a trade on chain, users fatigue and give up. This traps crypto traders in centralized exchanges and mainstream traders in fiat exchanges.

Leverj can offer the high speed of centralized exchanges by keeping the critical path of order-cancel-fill off the blockchain. Segregated wallets ensure only an account owner can deposit and withdraw funds. Fraud-proofs move the verification into the hands of the users keep the blockchain cost light and the smart contract simple.

Fraud-proofs are necessary because any centralized component can be compromised and can be used to skim and favor a colluding user. A user’s cancelled order for example, may be held and matched at an adverse price. Repeated a few million times over many users, skimming can be a serious attack that is unnoticed for a while.

On Leverj users can simply submit a fraud proof to the smart contract and prevent any loss of funds. Combining segregated wallets and fraud proofs combines the safety of decentralized exchanges with the responsiveness of centralized exchanges.

Our token sale starts Nov 7th and is open to non-U.S., non-China persons. To avoid a last minute rush, you can sign up on our whitelist.

Want to learn more?

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