CoinSpectator Blog

Anyone who saw how ICO markets rose in spectacular fashion during 2017, knows that a significant number of projects were set up to fail from the beginning. They raised funds nonetheless and many people were left holding useless tokens. Roughly about half of ICOs launched in 2017, have already failed, and that is without considering the scams. This is one of the fundamental problems in the space now, and Vertex has decided to provide a first of its kind solution: a vetted ICO token aftermarket.

Vertex Ecosystem Advantages for ICOs

A six-step vetting mechanism that filters 97% of the ICOs out there is the first pillar on which the Vertex aftermarket relies on. Some of the most prominent business people and investors in the world, will evaluate ICO projects to select a handful of promising projects. Once the vetting process is over, these ICOs will move through the Vertex ecosystem, in which they will find:

A pool of users that have gone through a KYC process that can buy their tokens and help jump-start their projects.

Investment from Vertex at an early stage. Vertex will buy vetted tokens to sell to its user base on the Vertex aftermarket at a preferential rate.

The seal of approval that getting investment from leading business people and investors bestows upon a project

How Users Benefit from the Vertex Ecosystem

The users, who are at the center of the Vertex ecosystem, will also derive many advantages from participating in this vetted ICO token aftermarket. The advantages that users get from using the aftermarket, are at the result of that first of its kind solution that Vertex has designed to select and fund only the strongest projects in the space:

The vetting system filters out scams.

It also filters out projects that are less likely to succeed.

Vetting brings the strongest projects to the after market at preferential prices. This is an advantage that no other project brings.

Additionally, Vertex will give its users the option of buying into projects that are now being sold to private investors only.

Vertex will also guarantee to give all its users a fair chance of buying any kind of token it offers on the aftermarket platform.

A Dynamic System Underpinned by its Own Currency

All the token purchases on the Vertex platform will be done using the VTEX token. ICOs that Vertex buys into will also have to take VTEX tokens as part of the purchase. VTEX therefore underpins the whole ecosystem, connecting ICOs and users directly. VTEX usage will close the ecosystem completely and allow it to develop further. Vertex plans to introduce more services that users and ICOs can both gain access to with VTEX tokens.

Vertex: A Comprehensive Solution

This makes Vertex the most comprehensive solution in ICO markets, and one that can lift them up to a level in which business concepts develop into fully fledged, profitable projects in the cryptocurrency space. ICOs will benefit from access to funds, expertise and an ever-growing pool of users to boost their project and deploy their businesses. Users will benefit from access to carefully vetted projects at preferential prices. The markets will benefit from higher standards when it comes to selecting the strongest projects, which will raise success rates across the board and lift the markets above the currently high rates of failure.

For more details and a more comprehensive explanation about how Vertex will implement its solution, check out our website.

Follow us on Twitter, Facebook and YouTube to get our latest updates.

Join our Telegram group and ask our team members about the project directly.

You can also contact us directly at info@vertex.market

Launching on the 2nd of July, the Bermuda Land Registry is expected to utilise blockchain technology for storing and accessing national real estate deeds.

The governments move into blockchain will be implemented by Bitfury Group who recently signed a memorandum of understanding with the Bermuda Government based around improving the islands land registry system for its citizens.

The project will be a first for implementing ledger technology within the government and will act as a pilot educational scheme for possible advancements in other governmental areas

Bitfury Group will also work in partnership with land administration company Trimble and will implement Exonum, their open-source framework to build an additional blockchain layer on top of Trimble’s current land registry system increasing data security.

“The Government of Bermuda has taken huge strides to foster and provide an innovative environment for blockchain technology and create blockchain solutions for their citizens,”

“We are honored to work with Bermuda to build a more secure and transparent country-wide land registry, and we couldn’t be prouder to help advance their mission to improve services for citizens using blockchain.” said Valery Vavilov, CEO of Bitfury.

Enterprises can now easily create custom private blockchains while benefiting from on-going enhancements to the Stratis Platform.

Stratis has officially announced the launch of its alpha version of Sidechains that allows enterprises to rapidly create private or public blockchains linked to the Stratis blockchain (mainchain), while keeping the flexibility to tailor any blockchain implementation to specific business needs. Some of these new features enables consensus, block size and privacy provisions.

Building sidechains in C# makes it easier to integrate into existing enterprise architectures and opens the door previously blocked due to programming language barriers. Stratis sidechains in C# builds upon the established .NET framework, language and ecosystem. Therefore, it is more readily poised for wider adoption.

Stratis Sidechains solve a significant challenge facing enterprises concerned about implementing blockchain solutions due to the lack of privacy and control inherent to most existing public blockchains. An enterprise lacking the ability to influence changes in public infrastructure to suit their specific needs is a valid cause for concern.

Stratis CEO Chris Trew states, “Sidechains provide a means to quickly provision, sandbox and deploy a bespoke blockchain tailored to specific enterprise processes. Because Stratis sidechains remain linked to the well-established Stratis mainchain, enterprises can be certain their blockchain implementations will continue to benefit from enhancements made by our core team of highly-experienced developers.”

Stratis Sidechains operate by ‘locking’ Stratis tokens on the Stratis mainchain as a value proxy for enterprise tokens forged on any sidechain. This overcomes the complexity of transferring digital assets between different blockchains, offering flexibility and confidence that any sidechain digital asset will always be backed by the correct amount of Stratis tokens.

Chris Trew further explains, “As an example, if an enterprise wants to improve efficiency by moving invoicing or asset tracking to a blockchain solution, it’s likely that they will not want to publicize that data. That’s when a private sidechain becomes a flexible solution that’s quick to test and deploy, as well as easy to maintain. Sidechains are a critical step in making blockchain accessible to enterprises wanting to benefit from blockchain while retaining full control of their business processes and privacy.”

The flexibility of a sidechain also helps to improve scalability, a long-running challenge of decentralized computing. Aside from leaving the mainchain free to exchange funds, Stratis Sidechains make it possible to specify both the block size and block interval, increasing the number of transactions in each block and/or reducing the time between each block.

The Stratis Sidechains Alpha release follows the recent news of Stratis Smart Contracts in C#, which allows a wide range of decentralized applications to be built upon the Stratis Platform.

For more information on Stratis Sidechains please see here.

The SLATE token (SLX) pre-sale successfully met its objectives by selling the allocated amount in thirty days. Positive demand for SLX has paved the way for an ICO. In addition, SLX has been pre-listed on Hong Kong based HitBTC, a top 10 cryptocurrency exchange. This ensures that token buyers will be able to trade SLX on an open market.

The rapid growth of the SLX community has led to a Slate telegram group consisting of over 20,000 users. Slate’s promotional video “Meet Slate”, starring Devon Bostick (Diary of a Wimpy Kid, The 100, Okja) has had over 2 million views on YouTube in the last 4 weeks.  The video has garnered the attention of crypto enthusiasts as a result of its high production value and humor designed specifically for the crypto community.

Blockchain technology has the potential to disrupt countless industries, but perhaps none more so than entertainment. The objective of the Slate Entertainment Group (SEG) is to affect positive change by creating an ecosystem that encourages acceptance and adoption of the technology and the currency. Key developments include:

BINGE, a streaming video platform. Because Binge is powered by blockchain technology, it has numerous advantages over current streaming video providers such as Netflix, Amazon Prime and Hulu. For example, Binge will be decentralized and therefore not burdened by the substantial cost of a centralized system of hosting data. This represents a significant savings that can be passed onto consumers. Next, the blockchain’s transparency means that content creators will have access to valuable analytics that other platforms refuse to share, while completely eliminating questionable accounting practices that have historically plagued the industry. This built-in accountability will help to ensure that Binge has access to the best content in the world;

SLATIX, a ticketing platform that will change the way consumers buy, sell and transfer tickets. Slatix will virtually eliminate the notoriously high fees charged by other leading ticket applications. Blockchain technology’s immutability will eliminate ticket piracy and slash payment charges. With Slatix, price gouging and piracy can become a thing of the past.

Slate’s mainnet will be launched on July 5, 2018. The Slate wallet will be available for download on July 5, 2018, in advance of the token distribution on July 20, 2018. Masternodes and staking wallets will begin to receive block rewards on or about August 1, 2018.

SLX has the potential to be a widely adopted currency with an incredibly practical use in the entertainment space. The Slate ecosystem is being established on solid fundamentals designed to build a decentralized sustainable market. SEG intends to deliver on their stated goal of disrupting the entertainment industry as we know it today. Although some industry leaders may be fearful of change, most will come to the realization that the old way of doing business is obsolete – and that there’s a better way to create, consume and access entertainment.

Welcome to the future of entertainment

For best pricing, the SLX token sale starts at 17:00 GMT Wednesday, June 27. SLX token distribution takes place on July 20.

slate.io

 

Online gaming is an industry which is largely driven by new ideas and innovation. In a fast-paced environment where technology is rapidly evolving and seemingly becoming obsolete more quickly than ever before, gaming developers are always on the lookout for the next big thing to stay ahead of the curve. With the internet now more accessible than ever, gamers have arguably never had it as good and the online gaming sector is fast becoming one of the most complex and lucrative industries on the planet. With that being said, below is a quick rundown of the some of the latest innovations in online gaming and what we could expect to see in the future.

Virtual and Augmented Reality

There are differing opinions when it comes to both virtual and augmented reality within the gaming sector. The recent success of Pokemon GO has gone a long way to convincing developers that augmented reality could have a big future in the mobile gaming realm. However, some experts are still skeptical with regards to virtual reality, especially as the technology hasn’t quite broken into the mainstream yet. Nevertheless, the release of headsets such as the Oculus Rift, Samsung Gear VR and Playstation VR has certainly helped breathe new life into the technology and there’s still plenty of potential left in both AR and VR if their strengths are properly managed.

A post shared by Pokémon GO (@pokemongoapp) on Jun 23, 2018 at 8:10pm PDT

Blockchain Technology

By now, you’re probably a little sick of hearing Bitcoin this and cryptocurrency that. However, the fact remains that cryptocurrency has a big part to play when it comes to the online gaming realm. Blockchain technology is already making big waves in games such as Fortnite and League of Legends by giving gamers real ownership of characters, currency and items that have been purchased in paid transactions. In addition to this, online lottery company Lottoland are introducing blockchain-based lotteries which make for smoother and more convenient transactions without you ever having to go out and buy a ticket. No matter how over cryptocurrencies you feel, strap yourself in because they look to be sticking around for at least the foreseeable future.

Facial Recognition

Despite the fact that it rarely bears any sort of resemblance to yourself, creating an avatar is undoubtedly one of the most fun things to do in a video game. However, facial recognition software now allows developers to go one step further by scanning your face and then transferring the image onto your on-screen avatar – and that’s not all. New technology such as Intel’s RealSense 3D camera can now scan up to 78 different points on your face and adapt the game accordingly – i.e., if the game recognizes a few grimaces on your face as you’re playing, it will dial down the difficulty settings of the game in an attempt to lower your blood pressure. Pretty nifty.

Source: Intel via Facebook

The Future Is Now

In such a rapidly evolving environment, predicting the next big game-changing piece of technology is immeasurably difficult. For now, the likelihood is that gaming developers will be putting their time and money into improving and refining technology that’s already available but, one thing’s for certain; it’s certainly an exciting time to be an online gamer.

Artificial intelligence is the future, and if you don’t think so, then we’d suggest that you take a look around you. Everything from automatic playlists designed by music streaming sites, to home heating, is becoming ‘smart.’ Thus, it surely makes sense that cryptocurrency trading platforms would follow this trend, right?

That is indeed the view of Dubai based Kingdom Mining, who has released an independent cryptocurrency trading platform, called AI Trader. It has billed itself as “a next-generation intelligent autonomous trading program” with features above and beyond its competitors.

According to its website, AI Trader “uses Artificial Intelligence to identify patterns from big data processed by the program to recognize trends and autonomously process buy, hold and sell orders based on current market events.”

In other words, it uses information it has learned through algorithms and data to autonomously trade cryptocurrencies once a user lets it have this control.

For some, it may be disconcerting to let an app automatically deal with your investments, but for others, this might be a fun way to work.“We developed the AI ecosystem with a team of expert traders from established financial firms such as Morgan Stanley and Deutsche Bank and specialists from the fields of machine learning and artificial intelligence. We have had an overwhelming response from the community, and we are accepting new subscriptions until 20/07/2018 after which only those with a valid referral link will be on-boarded.”

How does it work?

A user selects a trading strategy; then AI trader begins trading on this user’s behalf using its artificial intelligence and learnings. Thus, it will buy, sell and hold based on its learnings.

Some of the advantages include that the AI Trader makes all its moves without emotion and fatigue. Anyone who has ever made a bad investment while tired will appreciate the significance of this.

AI Trader also gives users a full overview of the trades that have been done on its behalf, so the human investor isn’t left in the dark. It also attempts to recover losses and is available to Binance, and Bitmex registered account holders. The firm intends to add a host of exchanges soon. All subscribers have free access to all new upgrades.

Of course, the disadvantages include that the user has less control when making investments. Thus, AI Trader now sets a new bar in offering users the option to trade with One Cancels Other (OCO). Unlike other exchange platforms where only EITHER a stop loss OR a take profit can be set, AI Trader offers the opportunity to trade on ALL pairs with the ability to place BOTH a stop loss and take profit simultaneously. Users get real-time AI Powered buy signals to make their decisions.

Is it for you?

Of course, cryptocurrencies exist in a volatile marketplace and both AI and human traders can make losses, as well as gains. Whether you would like to work off machine learning, rather than your own, is a decision only you can make.

AI Trader currently offers three different pricing options starting from just $150; customers can pay in major cryptocurrencies such as BitcoinCash, Litecoin, Credit Card and Paypal, new subscriptions will be closed on 20/7/2018 until further notice. The price is fair if not a steal considering the platform is currently yielding 82% on average monthly returns while trading cryptocurrencies and 120% while leverage trading across all strategies put in place.

We found an independent review by Bitcoin Trading Challenge, a Cryptocurrency Day-Trader educating other traders within this market.

Platform Overview: https://vimeo.com/271853160
More details about the platform: https://aitrader.ai
Follow AI Trader on Twitter: https://twitter.com/Aitrader_Ai
About AI Trader: https://app.aitrader.ai/about
AI Trader Team: https://aitrader.ai/teamh

Contact AI Trader: contact@aitrader.ai

*Trading is subject to market risks and AI Trader in no form guarantees returns

If you were fishing for a story about tuna and blockchain technology, then we’ve got some good news for you: this one is a real catch.

The world’s largest sustainable tuna fishery has launched a blockchain initiative which will cover all of its caught tuna.

To an outsider, this may seem like small fish, but it is actually massive news as PNA’s market development company Pacifical is the first large scale pioneer of blockchain within the $42 billion industry.

Pacifical is the global marketing company jointly set up by the 8 Parties to the Nauru Agreement (PNA) to promote the PNA region and actively trade their MSC certified sustainably caught tuna.

Eight Pacific Island nations and the Tokelau territory sees around a quarter of the world’s tuna caught in their waters each year, so this move towards traceability and committed-sustainability is a massive deal within the industry.

The initiative is being launched with the cooperation of Atato, a Thailand-based blockchain service providers. It will be powered by Ethereum’s smart contracts and will use IPFS decentralised storage.

The new system will cover the entire supply chain, which is no small deed – in fact it is estimated to be about 35 million tuna yearly. It is approximated that we will soon be able to trace 200 million consumer units of Pacifical tuna in over 20 countries through Ethereum blockchain.

The new initiative is expected to cover over 100 fishing vessels and the idea behind it is to put in a level of sustainability and tracability in place, which leads to unprecedented levels of trust within the industry.

In terms of the tuna industry, there aren’t many more bigger fish left to fry for blockchain.

KaratGold Coin (KBC), a game changing cryptocurrency representing cryptonized gold that can be transferred cost efficiently, securely and in real-time across borders, is now listed in HitBTC. A venture from KaratBars International, KaratGold Coin has recently completed a highly successful ICO that secured investments worth over one hundred million USD.

June 24, 2018

KaratBars International is pleased to announce that their gold-based cryptocurrency KaratGold Coin (KBC) has been enlisted recently in HitBTC, one of the leading cryptocurrency exchanges. The first ever cryptocurrency to tie its value to the price of gold, KaratGold Coin has recently concluded one of the most successful ICO campaigns ever with a collection of well over one hundred million US Dollars.

Gold has served as international payment as well as investment means for more than four thousand years. Though the modern-day legal currencies are no longer backed by gold, many central banks around the world still make use of gold as their currency reserve. The core idea of KaratGold Coin (KBC) revolves around providing an effective solution to the volatility and unpredictability of cryptocurrencies by utilizing the stability and reliability of gold.

The architecture of the KaratGold Coin (KBC) ecosystem is based on the safe, cost-efficient and fast Ethereum blockchain protocol and proven financial hedging strategies.  Unlike many other utility tokens, this coin has been designed to be a crypto asset backed by a certain tangible amount of gold. As a result, the long term stability of the coin is ensured by its gold collateral.

KaratGold Coin is the brainchild of Harald Seiz, a German entrepreneur and financial industry veteran. The foundation of KaratGold Coin (KBC) was built by Harald’s first product CashGold. This is a user-friendly payment system where small gold bars are represented on a specific type of paper resembling a bank note.  The ecosystem also comprises of KaratPay and the KaratGold Wallet.  The former is an online platform that facilitates the electronic registration of the CashGold. On the other hand, KaratGold Wallet allows users to buy, sell, hold and manage different cryptocurrencies along with cryptonized assets.

Some of the key benefits of KaratGold Coin are

• Related to 24 carat gold
• Appropriate quantities of KaratGold Coins are exchangeable into CashGold at any time
• Facilitation of real-time payments anywhere and anytime
• Cost-efficient
• Bitcoin and other cryptocurrencies can be used for the purchase of the KaratGold Coin
• Free and borderless transfer
• Increasing substantial number of points of acceptance
• Low fees payable by merchants for the use of the KaratGold Coin and the KaratGold Ecosystem

“The global acceptance and recognition of gold as a safe and secure harbor will make the Coin and the CashGold one of the leading payment alternative worldwide, “ explains Harald Seiz. “Therefore, holders of Coin will not only enjoy protection against inflation and vague governments and economies, but also have the opportunity to participate in the value increase which will be achieved in the future.”

Three of Asia’s largest gold trading firms have already partnered with KaratBars International to execute several million gold transactions on a daily basis. Moreover, a high percentage of the company’s 480,000 CashGold product owners have purchased KaratGold Coin to own small amounts of 24-carat gold. KaratBars International is also in the process of opening one of the world’s earliest fully licensed cryptocurrency banks in Miami, offering an exquisite range of services for the traders, investors, investment firms, and individual consumers.

Enlistment in HitBTC is a significant step forward in this project and KaratGold Coin (KBC) is soon expected to make its way to other popular exchanges including Poloniex, Bithumb, Bitfinex, Bittrex, and many others. The coins are currently trading at one cent, and this value is just on the verge of going up by leaps and bounds as it is completely immune from the normal currency fluctuations and market swings.

To find out more about KaratGold Coin, please visit https://karatgold.io/

About KaratGold Coin: KaratGold Coin is a blockchain-based cryptocurrency that is linked to physically deposited gold in the form of the so-called CashGold. A certain number of KaratGold Coins can be exchanged for the appropriate amount of CashGold at any time. It is designed to be used as a generally accepted electronic payment means for all who consider gold as a traditional, true, secure and value-stable medium.

Website: https://karatgold.io/

Email: info@karatgold.io

Jonathan Swerdlow received this Tuesday June 19th the Best Innovation Award for his company Game Protocol at the Blockchain Alternative Investment Conference, BAICOnf. The conference, held in London, unites innovative blockchain companies from all over the world. The jury was composed by Scheglova-Goldfinch, Helen Disney, Toby Lewis, Veronica Mihai Das and Ismail Malik.

The prize winning Israeli company wants to simplify the creation process for game developers raising funds via token sale. Creators raise funds for their game idea with a token created specially for that purpose and then Game Protocol has an online shop that allows them to commercialize the game using the same tokens used for funding it.


Swerdlow added “This award is for all the people who collaborate with Game Protocol who make this the best gaming company out there, but also for our investors who believed in us from the beginning.”

In a boost for the cryptocurrency market in New York, Stellar Lumens has been approved for trade by the New York Financial Regulators.

This is the first time Lumens has been given the go-ahead in New York, which many may find slightly surprising, especially since Fortune describe it as “now the seventh or eighth most valuable cryptocurrency with a market capitalization of more than $4.3 billion.”

itBit has added it to their exchange. Chad Cascarilla, the co-founder and CEO of itBit’s parent company Paxos, told Fortune that the move away from the virtual currency being viewed as a security was a key reason for it being added to their platform.

He said: “That’s why we’ve added them to the exchange… If they were a security, you’d have to go through a different process.”

It will be interesting to see if this now leads to other exchanges, including CoinBase, taking on the cryptocurrency.

It is widely viewed as the leading exchange in the US and currently offers trading in Bitcoin, Bitcoin Cash, Ethereum and Litecoin, although there are plans to also add Ethereum Classic to the mix.
Stellar, the company that created Lumens, was founded by Jed McCaleb in 2014. He also founded rival cryptocurrency Ripple.

This news had a significant impact on Stellar Lumens price, with Fortune reporting that it “rose more than 5% ahead of itBit’s news.”

While speaking to Fortune, Cascarilla added that he is not worried about the fluctuations in the price of cryptocurrencies currently.

He is quoted as saying; “The interest and the adoption from institutions and large firms that have a lot of credibility is very real.

“That might not be reflected in the price today, but from what I see, will certainly be changing the landscape over the next six to 12 months.”