trade.io Announces Historic Partnerships & Introduces Tiered Structure Further To Community Demand

01 December 2017, Zug Switzerland. Highly anticipated upcoming ICO trade.io has made three major announcements this week, which have strengthened its positioning as one of the leading ICOs to invest in, for 2017.

The company has launched an historic partnership with The University Of Nicosia.

Two post-doctoral seats, funded by trade.io will focus on advanced research in Distributed Ledger Technology (DLT).  The research will have a specific focus on side-chains and cross-chain interoperability, as well as smart token corporate governance best practices and implementation.

trade.io has partnered with HitBTC.

HitBTC is one of the largest cryptocurrency exchanges, exceeding upwards of half a billion in daily volume, and operating since 2014. Once listed on the HitBTC exchange, the Trade Token (listed as TIO) will trade against the counters Bitcoin (BCT) and Ethereum (ETH).

The company has introduced a four-part tiered pricing structure

Further to overwhelming demand from the community a tiered pricing structure is now in place:

7-14 December: 1 ETH = 900 Trade Tokens

14-21 December: 1 ETH = 800 Trade Tokens

21-28 December: 1 ETH = 700 Trade Tokens

28 December – 4 January: 1 ETH = 600 Trade Tokens

On this, CEO Jim Preissler commented: “Our community has spoken. You have been asking us to extend the low Trade Token price for the ICO.  The strength of trade.io lies in our community, your voice acts as a directing force for strategic decisions.  With this in mind, our board has agreed to extend the low pricing by adding a tiered structure, giving early movers a bigger incentive to contribute and also to allow more time for such contributions”

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Crypto broker LH-Crypto has collected $2,500,000 during the pre-ICO

 

Today has started the ICO of the project LH-Crypto, the first Forex broker that will work fully on the cryptocurrency. During the Pre-ICO was collected $ 2 555 426 and was determined the price of the token LHC and it is $0.128.

According to the mechanism of the sale of the tokens, every week the tokens LHC will become more expensive – so on the ICO  the price of the token was $0.1352 (5% higher than  pre-sale price). During the second week of the sale the price of the token will increase in comparison with the pre-ICO by 10%, during the third by 15%, and finally in the last week of sale by 21%. Thus, the company motivates investors to invest at an earlier stage. However, in the case of the crypto-broker it is really beneficial as early investors participate in the program Early Bird. Here, as elsewhere, those who buy tokens at the beginning pay less and those who buy in the end – pay more, that’s just the smart contract is set up so that with higher prices in the next step the difference is divided between the early participants.

All the project investors receive a guarantee of return of the token at +20% annually: if the tokens’ value will not be equal to “nominal + 20%”, the company will pay the missing funds into personal account of investors. This amount can be used for trade or immediately withdrawn.

And the main thing of the project is the monthly income which receive holders from operating activities. Regular crediting of funds to client’s personal account with a debit card on the brokerage account carries a high commission, but the transfer of cryptocurrencies doesn’t have such a cost. That’s why the company has decided to save 5% monthly from all incoming payments and at the end of the month to transfer them to the holders of the tokens.

LH-Crypto is  the project of the company Larson & Holz  which is broker with a 13 years of history. Why has a successful international broker decided to enter the cryptocurrency market? First of all, it will allow to solve the problem of mutual settlements with other countries, primarily with China, India, Arab countries, where the currency legislation considerably differs from the European one. Second, the “hype” around cryptocurrency is attracting to the market new and new people. Individuals who are interested in increasing their capital and in speculating. It expands the client base. Thirdly, the use of cryptocurrencies allows to avoid the territorial and legal constraints, including lengthy and complex process for obtaining licenses, and the limits of financial regulators will not have such a large value. And finally, the use of cryptocurrency helps to reduce transaction costs in 6 times up to 1%, which will attract more people.

To participate in the ICO LH-Crypto: https://lh-crypto.io

 

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CanYa will completely change the world’s $2tn ‘gig economy’.

CanYa will completely change the world’s $2tn ‘gig economy’. CanYa will be a fully decentralised, international platform for people to book and pay (or be paid) for both home and digital services. Want to book a local plumber? Use CanYa. Want to get a graphics designer from overseas for your new website? Use CanYa. By providing a meaningful reason to spend cryptocurrencies in the real world, CanYa will help accelerate the mainstream adoption of crypto.

CanYa already has a working platform with thousands of jobs completed. The road map will move the platform to a completely decentralised ecosystem where payments, governance, storage and eventually compute will all become decentralised. It will become a truly international meritocracy for services that is run entirely by those who use the platform. This has never been done before and will revolutionise the way we book and pay for services.

The CAN token is an ERC20 utility token with three clear use-cases which provides a steady and constant demand for the CAN token. Firstly, users can pay for real-world services in CanYaCoins, which utilises the hedged escrow and is trustless, automated and secure. Secondly, service providers can also promote their profiles each month by purchasing CAN tokens within the platform. Lastly, 20% of all tokens are reserved to economically incentivise users to use and share the platform, such as referral rewards, transaction cash-backs and welcome bonuses.

The ICO will also be rewarding participants who contribute to CanYa’s community through its ‘Dolphin Tier’ – an exclusive invite-only pre-ICO bucket with a 40% bonus. Basically, we want to reward the community who believe in the project and have helped us spread the word about CanYa. Only people who help the CanYa ICO will be invited. See more details here: https://goo.gl/JhYRGW

Those who receive an invitation to the Dolphin Tier will be rewarded with an exclusive 40% CanYaCoin bonus and the best responses will win a CanYa Ledger Nano S—there are five to be won every week. The 50 most effective contributors will also receive a limited edition Founders Series coin.

Dolphin Tier

 

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Investers can now bet on the price of Ethereum through Nasdaq

coinsharesJersey-based CoinShares announced today that two Exchange Traded Notes (ETNs) connected to the price of the Ethereum cryptocurrency can now be traded on Nasdaq.

Denominated in both Swedish Kronor and Euro, the ETNs are designed to track the price of Ethereum and are based on the average value of a select group of liquid Euro exchanges.

This comes as no surprise with other providers including XBT issuing similar ETNs for tracking Bitcoin last month and GABI, the first regulated BTC hedge fund combining the two entities to launch CoinShares who have crypto assets of around $300 million. These previous ETN’s were made available to investors through Hargreaves Lansdown.

Investing in cryptocurrencies have been notoriously difficult for everyday investors due to wallet, transaction and exchange complexities however with CoinShares historic NASDAQ announcement non tech-savvy investors will now have full access to the cryptocurrency market.

In the last 18 months at least fifteen cryptocurrency funds have launched and around five crypto-based investment products are currently pending review with regulators in the U.S. and elsewhere.

“Today is a historical moment for Ethereum and ether as an asset; and for the future of crypto-assets. It was a little over two years ago that the bitcoin ETNs began trading – offering investors exposure to bitcoin via an established exchange for the first time. Today, we are able to bring ether to the market and mark another major first. It is important to remember how far and how fast the space has matured in the less than 8 years since this revolution began,” says Ryan Radloff, Co-Principal at CoinShares.

We put some questions to CoinShares in a short interview:

What type of investors do you hope to attract with the ETH ETNs?

Product is for any investor who has qualified access to Nasdaq Stockholm.

Can you give us an estimated $ price of what you think Ethereum will trading at by 2018?

No price target right now – though we did a valuation model in our latest Ethereum research which may be helpful

Do you plan to trade on other exchanges such in currencies such as £ or $ ?

Cannot comment on future plans of that nature, apologies

What other cryptocurrencies do you have in mind? are you open to other ETNs with other currencies?

We delivered this product because the market had been requesting it since last year. We will follow market demand for future products as well.

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UK regulatory body issues ICO warning

The UK’s financial regulatory body has issued a press release warning consumers about the risk of investing in Initial Coin Offerings (ICOs).

ICOs are very high-risk, speculative investments.

The Financial Conduct Authority (FCA) said ICOs are very high-risk and that anyone investing should be prepared to lose their entire stake.

The FCA does not have the power to regulate a high majority of ICO’s as they fall outside of their legal boundaries, but some may be conducting regulated activities including the exchanges selling the tokens.

If you are not aware of how ICO’s operate they work similar to normal crowd funding events but instead of investors paying in fiat they are paid for with a token or coin e.g Ethereum or Bitcoin in return for a project token.

It has been estimated that around £1bn in fiat has been invested into ICO’s so far and this number is growing exponentially.

The FCA’s warning issued today swiftly follows the People’s Bank of China who have allegedly issued similar warnings and have recently “banned” some ICO’s although experts say this ban was temporary.

You should be conscious of the risks involved and fully research the specific project if you are thinking about buying digital tokens.

As with any ICO’s we recommend carrying out your own independent research to ensure the legitimacy and that it’s worth risking your own money. Common red flags include no whitepaper, unverifiable team members (missing Linkedin profiles or social profiles), projects in the very early stages without any prototype. ALl in all the best policy is to just use common sense when assessing each project and remember if something sounds too good to be true then it probably is.

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WannaCry: Hackers start to move stolen Bitcoin

WannaCry Bitcoin on the move as hackers cash out

Bitcoin linked to the infamous WannaCry malware attack which held thousands of computers ransom around the world is now on the move according to security experts.

Since the attack three Bitcoin wallets have been sitting idle with roughly 52 Bitcoin, but as of today they have been split into multiple tiny amounts and distributed to various other wallets and exchanged for a more anonymous cryptocurrency, a common tactic used by hackers to disguise and obfuscate trail. At this stage it is not yet known if the coins movement is related to the perpetrators or a law enforcement agency.

wanancry

Victims were asked to pay between $300 and $600 to get their systems back.
According to various security firms the Bitcoin has been exchanged for Monero on a swiss-based cryptocurrency exchanged named ShapeShift which facilities such transactions with minimal if none AML or KYC checks for small amounts.

Monero is the choice cryptocurrency for anyone looking to remain completely anonymous as it offers superior privacy and tumbling features. The link between the two currencies will be almost completely untraceable allowing the perpetrator to use the laundered Monero without any red flags.

Many people are still blaming the NSA for the thousands of victims computers being held ransom due to the 0day exploit used in the WannaCry attack originating from leaked NSA skyware.

It’s safe to say that despite the best efforts of security experts and government agencies it is likely the trail will now go cold.

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Storj partners with FileZilla

Atlanta-based Storj Labs announced today it has partnered with popular open source FTP client FileZilla to bring drag and drop file uploading to the masses.

FileZilla is one of the most popular FTP clients rocking around 100 million downloads per year, lightyears away from its high school project foundations.

Over the last couple of months Storj’s future looked far from bright with a prominent member of the team leaving the company, but in a recent blog post the firm made changes to the executive team which settled investors. Amidst the internal storm, the firm have quietly been developing a highly requested feature to bring drag and drop uploads to users, the partnership with FileZilla opens the distributed cloud storage that to an additional 15 million monthly users.

The feature is currently still in BETA testing but interested users can join the Storj community chat https://community.storj.io/ for access to the group.

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Bolenum Project ICO – BLN

It is always nice to see projects attempting to better the world they live in. This is especially nice to see in the blockchain arena given the current low adoption rate of cryptocurrencies and Blockchain technologies on a global scale.

A recent CryptoCoinNews interview explored the lack of Blockchain adoption in Africa, while pointing out the massive untapped opportunities that reside. One new project, Bolenum, is looking to change this.

BOLENUM IDENTIFIES ADOPTION ISSUES

Though Bolenum has sights on an intercontinental project, the majority of their initial efforts appear to be in Africa. Their Whitepaper outlines two main issues they feel have caused cryptocurrencies to see lower scale adoption than other parts of the world.

The first obstacle is one known all too well by all cryptocurrencies: lack of public awareness. Many just do not know about cryptocurrency, the Blockchain, or what it can provide. This could be because of a lack of cryptocurrency and blockchain evangelists, but also can be blamed on the lack of readily translated literature into local dialects.

The second problem is one that many in the western world have not really had to deal with: convertibility of funds. While every exchange takes Euros, United States Dollars, and Chinese Yuan, it is less likely that these exchanges will accept the Egyptian Pound, the Nigerian Naira, or the Moroccan Dirham etc. Without access to fiat exchanges to convert more readily to cryptocurrencies many individuals are struggling to participate in the cryptospace.

BOLENUM’S SOLUTION

The project hopes to provide a solution to these issues as the first Ethereum based token and exchange platform. It aims to garner and promote more participation in the cryptocurrency space on the African continent.

The project’s token, BLN, aims to serve as a secure payment method, and also be able to protect wealth. These are Ether based tokens and will benefit from the speed and security of the Ethereum Blockchain.

The main perk that may help the project accomplish its goal is the fact that they will also be opening an exchange that will allow for BLN tokens to be traded for local currencies. This means that users will be able to not only withdraw the value of their tokens into local currencies, but could give better access to the cryptosphere as a whole. If someone buys BLN with a local currency, they should in theory be able to trade those BLNs on a different exchange for any other digital asset they may be interested in. BLN is not only an asset but also a gateway that was previously denied by fiat binding.

They will be holding an ICO for this project starting July 15 spanning 30 days. 10,000,000 BLN tokens will be made, with 50% of those being open to the public in an ICO with the other 50% behind held by the Bolenum team as capital to support their future exchange.

Press contact:
Mani Robson
Press Contact Email Address: mani@bolenum.com
Supporting Link: www.bolenum.com

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Top UK Judge wants to update the law to deal with blockchain and smart contracts

A top judge in the United Kingdom says that without a doubt there should be an update to the current legislation so that blockchain and smart contracts are included.

Crypto-currencies are on the rise in the online world and seeing this, many lawmakers including the judge have realised that there should be a law for them as current rules and regulations don’t cover the new technology.

The Lord Chief Justice for England and Wales, John Thomas is the highest senior judge in the UK who declared the importance of making such changes.

At the end of last month, the top judge spoke during an event that is held twice every year by the UK Law commission, which is the government’s authority in looking after different legal developments in the country.
John Thomas’s speech mentioned strict reforms regarding the digital currency especially in the light of events and their effect on the global economy. He further mentioned how imperative it is for the British Government to keep abreast of the digital economy. He also commented on the steps taken by the European Commission to be up to date with the digital currencies such as Bitcoin. He said that the European Commission’s efforts to progress itself towards a digital economy is something what the UK government should also aim for.

In his own words he said:

“Certainly, the European Commission takes the view that legislative change will be needed to deal with new forms of contract such as the block-chain and smart contracts. I have no doubt that we must consider whether our law (as it will then be) will need similar legislative updating.”

While this statement of his doesn’t show an active pursuit in digital currency reforms, it certainly is a way towards progress and a new way of carrying out transactions online to become normalised.

Why does crypto-currency matter?

Countries like the USA, Japan and some countries Europe are legalising smart contracts and crypto currencies. This however, has only happened in a few states such as Vermont, Arizona and Delaware. This indicated that block-chain based signatures getting accepted by many places and merchants are looking towards a more digitised form of currency as well, be it in Europe or in the Americas.

Although Judge Thomas isn’t actively pursuing this method of transaction, his approval and acceptance of such payment modalities signifies something like this in the near future, especially given his designation at such a high place.

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ICO Ziber – What’s worth special attention?!

From a bunch of knowledge and information that we get every day, it is difficult to single out something useful. Why is this happening? Because the most of ICO conducted today is a pure fraudulence. And most investors understand it perfectly well. The investment approaches of Warren Buffett or Paul Graham don’t work here.

First of all, these gurus considered the profit that the business can give and tried to buy such a business at an easy rate. With ICO it’s useless to search for profit, in most cases it simply does not exist. This is not about a cheap price. Most of distributions are simply filled with investors’ money. Why are they doing that? Everyone is waiting for a sharp increase in the cost of tokens after posting on the exchanges. And, it is true that most investors are still right, which is almost impossible on the usual stock exchanges.

What is the problem? The problem is only one – another bubble inflates more and more. Everyone gets that it will burst, but no one knows when it will be. It can happen tomorrow, maybe in 3-4 years. Let’s see what happens at the time of this burst. Most companies that don’t really produce anything else and don’t generate additional profit can break up tens of times … more truly, the cost of tokes will be reduced.

Who will survive? Only those companies who bring real profit that you can feel your hands. Are there such companies and such ICO? Yes, there are. They are a few ones, but, in theory, “classical investors” should be on a manhunt for these companies. One of such companies is Ziber. The presentation will be held in a few days on July 15.

What does Ziber do? The project team combined the blockchain technology and IP telephony. If the technological problem is solved (the Ziber representatives stated it), the service will be a killer of Skype, Viber and hundreds of IP-telephony companies. The cost call will make up 0.5-2 cents, where for most countries it seems completely insignificant actual earnings. But it just so seems to you, if you don’t know real numbers. And the numbers tell the stories best. The market is approaching a turnover of $100 billion annually.

Once again! It’s about a new company that has made a technological breakthrough on the market with a turnover of $100 billion! Even if it gets net profit in the amount of $5 billion you will baulk at the idea of its future value on the basis of P/E within 2-3 years. Moreover, Ziber will generate real profit, but not virtual one.

By the way, let’s get back to Buffett, who also likes investing in the team. Ziber doesn’t have any problems with it! That only decision to distribute 10% of free tokens to all owners of Bitcoin and Ethereum wallets. A brilliant marketing trick that gives us a hope that will be ahead of the game.

Ziber ICO: https://ziber.io/#ico

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