Artificial Intelligence is fast becoming the most popular buzz word in all walks of industry and this is mainly down to the increase in progress being made within the field of big data. There has always been the need for businesses to handle data but the emphasis of late has been to ensure that the data collected is handled both morally and securely. This is where AI, used to process the data more effectively and blockchain can have a positive impact.The technology behind blockchain is advancing at a super-fast rate and is seen as a viable solution to data storage. Unlike traditional storage solutions such as hard drives, USB and more recently cloud where there maybe only one or two copies of the data held, blockchains are not held by one single entity as a copy of the data(which is also encrypted) is held on each and every computer(node) within the network or ecosystem, meaning that if one the computers is compromised the data will not be lost.Blockchain it would seem is the perfect solution to the handling and storing of personal or sensitive data and when combined with AI could provide better experiences for the end users. Currently there are quite a few projects within the crypto scene working on combining the two worlds and one in particular has caught my attention.https://www.neurochaintech.io is a French based company currently working on a solution to replace traditional blockchain technology such as that of Bitcoin(which relies heavily on brute force protocols such as POW and POS) with a new augmented ecosystem based rather off of intelligent decision making. A new set of flexible and scalable rules to reach consensus will be run on an army of nodes known as Bots. Consensus will be reached using the protocols Proof of Involvement &Integrity and Proof of workflow (known collectively as PII). Neurochain has been built with the human brain in mind, better performance and fewer resources are required. AI combined with projects like this will allow tasks to be completed more efficiently and intelligently.Imagine algorithm’s that implement machine learning and actually evolve with time as more and more data is fed into the ecosystem. As they get smarter they will eventually be able to propose solutions to issues without the need for a human to program in the solution.It looks as though this is happening and AI and blockchain technology are seemingly the perfect match for each other.

Morpheus Labs is proud to announce its collaboration with Cypherglass, one of EOSs biggest block producers, to ensure education remains a priority within the blockchain industry. Blockchain technology has the potential to reshape entire industries, such as Healthcare, Supply Chain, Finance and Banking, Government, Payments the possibilities are endless. While distributed ledger technology is still in its infancy, a growing number of industries are discovering the potential of blockchain. Morpheus Labs vision is for this emerging technology to reach mass adoption and believes that education is paramount to achieving this goal. By facilitating blockchain development and deployment, Morpheus Labs is accelerating the technologys advancement and mass adoption. Morpheus Labs has a direct interest in aiding talented developers, smart contract writers, and blockchain specialists. Fortunately, more blockchains, companies, and universities are joining hands to facilitate educational opportunities across the globe to ensure the technology will grow to meet its full potential. Cypherglass consists of industry experts in the fields of infrastructure, cryptocurrency, and finance to bring to bear the most credible, transparent Block Producer for the EOS network. Rob Finch, CEO of Cypherglass, called the partnership with Morpheus Labs the next logical step. Our main goal at Cypherglass is to on-board developers and users into the EOS ecosystem through education, Finch explained. This partnership with Morpheus Labs is the next logical step in this journey, and will result in more developer and user adoption of EOS. We are incredibly excited for the months ahead. Go EOS!Dorel D Burcea, CIO of Morpheus Labs, said Cypherglass would bolster user confidence in its BPaaS and push the boundaries of blockchain. Burcea said in a statement:Morpheus Labs BPaaS aims to be the leading go-to platform to help the developers and enterprises with their development of the blockchain tech. We had partnered with Dreamplus Blockchain Academy earlier to reinforce our goals to increase awareness and stickiness of user adoption. With Cypherglass now onboard, it would be a strong boost to the user confidence and together, we will aim to push the boundaries of blockchainMorpheus Labs and Cypherglass will be working together to ensure every student and developer has a chance to educate themselves to truly reap the benefits of the EOSio software and blockchain technology, equipping themselves for future mass adoption of the technology. About Morpheus Labs As a Singapore-based blockchain startup founded in 2017, Morpheus Labs has developed a Blockchain-agnostic Platform-as-a-Service (BPaaS) and DApps Marketplace, enabling enterprises and developers to develop, deploy, and test-drive blockchain-powered applications at a fraction of the current cost and time. We have on-boarded NEM, Ethereum, MultiChain, Hyperledger, and VeChain onto the Platform and count QuarkChain, TomoChain, CPChain, NULS, and Neurochain Tech as blockchain partners. In March 2019, we initiated a partnership with Dreamplus Blockchain Academy backed by a renowned South Korean conglomerate and introduced a 7-week blended learning course, conducted with video tutorials and our Morpheus Labs Platform. Check us out at our website, www.morpheuslabs.io Contact Details: Willynn Ng, Head of Marketing / About Asia Blockchain ReviewAsia Blockchain Review is the largest initiative for media and community building in Asia for blockchain technology. It aims to connect all blockchain enthusiasts on a regional scale and facilitate the technological foundation of blockchain through a range of group discussions, technical workshops, conferences, and consulting programs.Our goal is to cultivate and encourage a collaborative community for our members to gather, share their experiences and endeavors in the blockchain space, and brainstorm the potential uses of blockchain technology.Follow Asia Blockchain Review ube:https://www.youtube.com/channel/UCMQ5CVu0c9-pMlwB8LUvkiAMost Read01Israeli Crypto Exchange Wins Legal Dispute Against Local Bank02Blockchain Video-on-Demand Platform Introduced at Cannes Film Festival03Technologies including Blockchain Set to Transform Vietnams Dynamic Economy04IEO ICOIt appears as though most of the countries in Oriental Asia are taking the challenges of regulating ... 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Gem Report Morpheus Labs: The Instutional Blockchain Service Platform Microcap Gem Morpheus Labs is an innovative platform that seeks to connect the business world and blockchain. This is through its enterprise-grade platform and an additional blockchain app marketplace. It has a service called the Blockchain as a service platform (BPaaS) through which companies can build applications. Moreover, the platform also supports hosting for Blockchain network nodes and off-chain applications. Morpheus therefore tests and deploys dApps for companies to successfully leverage them to get the best returns. TeamMorpheus Labs operate from Singapore. The significant figures in the project are Chuang Pei-Han, Branson Lee, Dorel D. Burcea and Bruce Lu Yang. Chuang is a seasoned entrepreneur having served seven years in the banking sector while Branson is a former member of the Singapore Fintech Association with more than a decade in business and partnership as well. Altogether, this is a dedicated and competent team of business minds and technocrats that can take MITX places.RoadmapThe Morpheus website features a roadmap with a ‘business’ and ‘technical’ section. Morpheus labs did conduct a successful ICO in 2018. In 2019, the focus now is on improving partnerships and launching a new blockchain curriculum/academy.  An example of such partnership is the Software as a Service (SaaS) platform will allow customers and partners to leverage our emerging technologies with their legacy infrastructure (such as Enterprise Resource Planning (ERPs). This will go on in Q2 2019 through to Q4 2019.Important PartnershipsSome important partnerships include: QuarkChain, Veritag, Vechain, Sure international and NEM. These are notable entities in cryptocurrency, technology and logistics circles. The partnerships give Morpheus great latitude and room for growth.TokenomicsThe Morpheus crowd funding ended on April 16, 2018 where each ERC-20 compliant utility token in MITX was sold at $0.10. The ICO raised approximately $9.6 million of the $10 million hard cap receiving 4-stars from ICOBench, a ratings platform.At current rates, the ROI is as follows: USD= X 0.13, ETH= X 0.64 and BTC = X 0.21. The downturn in the market definitely affected MITX prices. Investors are apparently struggling to break even.Token distribution was as follows:25 percent or 200 million MITX utility tokens were available for sale. The total supply is 800 MITX with a market capitalization of $3,044,895 according to data from CoinMarketCap. Even so, daily volumes are light at $146,536.Price AnalysisAccording to data streams from HitBTC, MITX, like most assets, is correcting after last week’s rally. From the chart it we have a series of higher highs and connecting lows print a clear uptrend. Besides, notice that MITX is trading within a bullish breakout pattern against ETH. Typical of a correction, ETH do have an upper hand, at least for now, before MITX bull flow driving prices from 0.0000865 ETHs or $0.014 to above Mar 31 highs at 0.000125 ETHs or $0.021. Notice that the retest is complete and MITX has support at previous resistance now support at $0.014meaning that MITX may continue printing going forward.Short Term and Long-Term Price CatalystsMorpheus Labs value proposition is from creating a simple channel from where business can adopt DLTs in their day-to-day operations. By doing the leg work for projects–saving them up-to 50 percent of costs, and simultaneously allowing founders to deal with immediate and pressing concerns, the BPaaS, is attractive.In the short-term, MITX prospects are rosy. Apart from recovering ETH and BTC prices which are outside the control of MITX, at core the team ensure that investors are incentivized to participate. As a result, there is a token economy in place where MITX holders are set to receive part of the platform’s revenue drawn from subscription fees. Furthermore, to eliminate on-boarding friction, Morpheus Labs will be purchasing the token from the open market on behalf of the customer via the platform’s treasury partners including OTCs. Combined, MITX gas payments, subscription fees payable in MITX and the platform buying tokens from secondary markets is bullish for the coin.Additionally, Morpheus Labs has a solid road map. In five years they want to be a go-to platform and that mean striking partnerships with multiple exchanges for listing purposes as well as on-boarding several Fortune-200 companies, one big four accounting and audit firm as well as increasing their blockchain partners. All this is according to insights drawn from Pei-Han, the CEO of Morpheus Labs in a recent interview. GoDex and Switcheo are DEXs rumored to be negotiating but the bottom line is that Morpheus Labs are keen on collaborating with reputable on-ramps. At the moment, liquidity is still low but investors can trade MITX against ETH and BTC at HitBTC and against ETH at IDEX here: https://idex.market/eth/mitx. Other MITX supporting exchanges include Liquid, FCoin and Coinsuper. With the awareness that partners shall pay listing fees denominated in MITX, there is assurance of demand which in turn lift prices.In the long term though, it is where the real value lies and therefore worth hodling the token. First, Morpheus‘s integration with VeChain, a platform that is specifically designed to address fallibilities around supply chain, identity, logistics and internet of thing is a big plus.  Other protocol partners include QuarkChain, NEM, Neurochain and Nuls.  The objective here is to increase the “breadth of blockchain choices” as it offers a competitive advantage for Morpheus.  Other collaborations include that with Argos Solutions—specialized in compliance, SmartMind who are experts in  Big Data and with Hanwha Dreamplus—a start-up accelerator both of south Korea. Although bound by several NDAs, we can glean from what’s floating around that Morpheus plans to partner with Amazon Web Services. Besides, they are taking advantage of Singapore’s initiative and working closely towards achieving Singapore’s government objectives. When we morph this, it’s no doubt that forging symbiotic relationships with similar or superior DLTs and working closely with government agencies tags with it credibility and trust.Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)RelatedApril 14, 2019/by CryptogemsTags: Morpheus Labs, Singapore, VeChain

Cryptocurrency News & Your Guide to the Blockchain EconomyBlockchain development costs aren’t cheap. Singapore-based company Morpheus Labs thinks that their Blockchain-as-a-Service (BaaS) platform could help blockchain adoption to spread. The company has developed a platform that can help companies who want to create blockchain-based solutions, and it has been getting a lot of attention recently.Anything that leverages blockchain’s potential to create efficiency is probably going to be a good place to be. The blockchain industry is projected to grow into a $20 billion+ USD industry by 2023, which is a compound annual growth rate of 80%. That may be why Morpheus Labs has been cementing partnerships with a wide range of companies, as well as some big names in the education space.So far Morpheus Labs has created working relationships with NULS, VeChain, QuarkChain, NeuroChain Tech and NEM, among others. The company’s tie-up with VeChain is especially interesting, as it is working to create enterprise-level blockchain applications that could be scaled up to take on the jobs that bigger companies like IBM have been able to land.IBM is currently using their version of Hyperledger to replace numerous archaic information systems. One of the most prominent is the IBM Food Trust, which is being onboarded by Walmart to keep track of its leafy green veggy supply chain. The implications for the platform are enormous, and it is possible that IBM will solidify a first-mover advantage in the blockchain space because of their existing assets and connections.Morpheus Labs CEO Chuang Pei-Han commented to Forbes that,“We saw the gaps and understand the pain, thus, being the first-mover, we are committed to build an inclusive and comprehensive community and ecosystem. Having said that, we are the first platform that embraced variation and the first to onboard many renowned blockchain partners. Our technology capabilities will enable users to develop and spin up multiple blockchains within the golden timeframe of 5 minutes.”The idea that a company could access ready-made blockchain architecture that could be adapted to their needs turns the current blockchain development space upside down. Instead of having to contract bespoke blockchain development services, companies could get blockchain working for them, with a minimum amount of money spent.Having open access to inexpensive blockchain architecture also opens up the field for new ideas, which don’t need millions of dollars to bring into beta testing. Blockchain has been an esoteric development space, but that seems to be changing.Morpheus Labs is also working with universities to create more blockchain developers. The company recently welcomed EMBA students and researchers from Tsinghua University and National Taiwan Normal University. Tsinghua University also has formal connections with Ripple Labs, another company that is looking to grow the blockchain space via expanded education options.Pei-Han commented that, “The key to a good partnership is not always looking at surface level value. Strategic planning and outlook help pick the right long-term partner. The basis of a partnership should always complement each company in term of needs,” in the same Forbes article.At this point, the blockchain development space is just coming into its own. Companies like Morpheus Labs are important to the blockchain space, as they give SMEs more options for how they can develop blockchain platforms. As prices for blockchain development drop, the industry is likely to feed on its own success in a virtuous cycle.The major question then pivots to cryptos, and how they will fit into the new blockchain-based record keeping systems. Companies like PowerLedger have demonstrated how powerful blockchain can be in alternative energy systems, but they require that transactions are settled outside of the established financial system.In order for blockchain to deliver maximum efficiency, it is likely that the existing financial system, with fiat currency included, is replaced by a currency that allows blockchain to deliver the cost savings it is capable of creating.Nicholas Say was born in Ann Arbor, Michigan. He has traveled extensively, lived in Uruguay for many years, and currently resides in the Far East. His writing can be found all over the web, with special emphasis placed on realistic development, and the next generation of human technology.All content on Blockonomi.com is provided solely for informational purposes, and is not an offer to buy or sell or a solicitation of an offer to buy or sell any security, product, service or investment. The opinions expressed in this Site do not constitute investment advice and independent financial advice should be sought where appropriate.Your email address will not be published. Required fields are marked *Follow us on social media & join our growing audience who get the latest News, ICOs, Crypto Reviews and Guides from Blockonomi.

[repost] A BLOCKONOMI’S COVER: MORPHEUS LABS THINKS BLOCKCHAIN DEVELOPMENT CAN BE EASIERMorpheus LabsBlockedUnblockFollowFollowingJan 30Note: Credits to BLOCKONOMI. Click here to read the original post.Written by: Nicholas SayBlockchain development costs aren’t cheap. Singapore-based company Morpheus Labs thinks that their Blockchain-as-a-Service (BaaS) platform could help blockchain adoption to spread. The company has developed a platform that can help companies who want to create blockchain-based solutions, and it has been getting a lot of attention recently.Anything that leverages blockchain’s potential to create efficiency is probably going to be a good place to be. The blockchain industry is projected to grow into a $20 billion+ USD industry by 2023, which is a compound annual growth rate of 80%. That may be why Morpheus Labs has been cementing partnerships with a wide range of companies, as well as some big names in the education space.So far Morpheus Labs has created working relationships with NULS, VeChain, QuarkChain, NeuroChain Tech and NEM, among others. The company’s tie-up with VeChain is especially interesting, as it is working to create enterprise-level blockchain applications that could be scaled up to take on the jobs that bigger companies like IBM have been able to land.Morpheus Labs is Thinking BigIBM is currently using their version of Hyperledger to replace numerous archaic information systems. One of the most prominent is the IBM Food Trust, which is being onboarded by Walmart to keep track of its leafy green veggy supply chain. The implications for the platform are enormous, and it is possible that IBM will solidify a first-mover advantage in the blockchain space because of their existing assets and connections.Morpheus Labs CEO Chuang Pei-Han commented to Forbes that,“We saw the gaps and understand the pain, thus, being the first-mover, we are committed to build an inclusive and comprehensive community and ecosystem. Having said that, we are the first platform that embraced variation and the first to onboard many renowned blockchain partners. Our technology capabilities will enable users to develop and spin up multiple blockchains within the golden timeframe of 5 minutes.”The idea that a company could access ready-made blockchain architecture that could be adapted to their needs turns the current blockchain development space upside down. Instead of having to contract bespoke blockchain development services, companies could get blockchain working for them, with a minimum amount of money spent.Having open access to inexpensive blockchain architecture also opens up the field for new ideas, which don’t need millions of dollars to bring into beta testing. Blockchain has been an esoteric development space, but that seems to be changing.The Education AngleMorpheus Labs is also working with universities to create more blockchain developers. The company recently welcomed EMBA students and researchers from Tsinghua University and National Taiwan Normal University. Tsinghua University also has formal connections with Ripple Labs, another company that is looking to grow the blockchain space via expanded education options.Pei-Han commented that, “The key to a good partnership is not always looking at surface level value. Strategic planning and outlook help pick the right long-term partner. The basis of a partnership should always complement each company in term of needs,” in the same Forbes article.At this point, the blockchain development space is just coming into its own. Companies like Morpheus Labs are important to the blockchain space, as they give SMEs more options for how they can develop blockchain platforms. As prices for blockchain development drop, the industry is likely to feed on its own success in a virtuous cycle.How is Payment Going to Happen?The major question then pivots to cryptos, and how they will fit into the new blockchain-based record keeping systems. Companies like PowerLedger have demonstrated how powerful blockchain can be in alternative energy systems, but they require that transactions are settled outside of the established financial system.In order for blockchain to deliver maximum efficiency, it is likely that the existing financial system, with fiat currency included, is replaced by a currency that allows blockchain to deliver the cost savings it is capable of creating.👏 If you enjoyed reading this piece, do leave us a clap (P.S: We don’t mind multiple claps too!) or comment below. We are curious to hear your thoughts.Earlier on, we shared on the coverage on Forbes — Blockchain Partnerships with Singapore-Based Morpheus Labs. Click here to read if you’ve missed it.CONNECT WITH US!CrunchBase: https://www.crunchbase.com/organization/morpheus-labsLinkedin: https://www.linkedin.com/company/morpheuslabs-ioTwitter: https://twitter.com/morpheuslabs_ioTelegram: https://t.me/morpheuslabsInstagram: www.instagram.com/morpheuslabs.ioFacebook: www.facebook.com/morpheuslabs.ioYoutube: https://www.youtube.com/channel/UCBDcCbFiFDZOcfkGkAo-iLQ

Market News ICO Funding Spikes to $2.8 Billion 2017: Funderbeam Published 5 months ago on November 22, 2017 By Sam Bourgi The market for initial coin offerings (ICOs) has skyrocketed this year, as token sales became the preferred method of raising capital for the bustling startup community. Now, a new research study by Funderbeam has quantified just how quickly the market has matured. // -- Discuss and ask questions in our community on Workplace. ICO Explosion ICO funding has risen more than 1,000% this year to reach $2.8 billion, according to Funderbeams latest report.The report showed that the average round sizes have reached $19 million. ICO funding was a mere $228 million in 2016. // -- Become a yearly Platinum Member and save 69 USD and get access to our secret group on Workplace. Click here to change your current membership -- // The total number of ICO rounds also shot up to 149 from a total of 36 last year. Thats still a fraction of the 4,782 rounds generated by global startup funding rounds. Combined, global startup rounds have generated in excess of $35 billion. North American and Asian ICOs have seen the largest inflows on a per-round basis. In 2017, the average ICO round size was $31.5 million, compared with $30.7 million in Asia. Europe saw an average of $16.7 million. Whats more, ICOs have overtaken early stage and Series A funding. Only Series B+ and debt issuance remain higher. In total, North America generated $1.2 billion in ICO funding, Europe $637 million and Asia $338 million. The rest of the world has seen $45 million flow into ICO projects this year. As the chart above demonstrates, ICOs make up the largest share of European funding at 3.83%. That figure is as low as 1.02% in Asia and 2% in North America. Research from Coinschedule last month showed ICO funding reached $3.25 billion in the year to October, with September seeing an inflow of more than $800 million. Funderbeam helps market participants find high quality investment opportunities through a database of more than 150,000 companies and investors. The platform has 19 tradable syndicates currently in operation. Pressing Questions The size and growth rate of the ICO market has been a major focal point for most of 2017. However, what is less certain is how the crowdfunding model will be regulated. A contentious debate about what actually constitutes a security token has made some businesses think twice before issuing their ICO. In the United States, the Securities and Exchange Commission (SEC) has made it abundantly clear that it will regulate ICOs deemed to be security tokens. Although a large majority of ICOs are designed for utility, the SEC isnt just taking the companys word for it. A security token is said to include equity or some other kind of investment return. The DAO is one of the of more prominent examples of a security token that was later found to be in violation of SEC rules. The company generated over $150 million in 2016 before the SEC ordered it to be shut down. Despite the regulatory uncertainty, at least the SEC is prepared to entertain the concept of token raises. Jurisdictions such as China and South Korea have issued bans on ICO, citing investor safety concerns. Disclaimer:The author owns bitcoin, Ethereum and other cryptocurrencies. He holds investment positions in the coins, but does not engage in short-term or day-trading. Featured image courtesy of Shutterstock. Important: Never invest (trade with) money you can't afford to comfortably lose. Always do your own research and due diligence before placing a trade. Read our Terms & Conditions here. Trade recommendations and analysis are written by our analysts which might have different opinions. Read my 6 Golden Steps to Financial Freedom here. Best regards, Jonas Borchgrevink. Rate this post: Important for improving the service. Please add a comment in the comment field below explaining what you rated and why you gave it that rate. Failed Trade Recommendations should not be rated as that is considered a failure either way. (0 votes, average: 0.00 out of 5)You need to be a registered member to rate this. Loading... Sam Bourgi 4.5 stars on average, based on 340 rated postsSam Bourgi is Chief Editor to Hacked.com, where he specializes in cryptocurrency, economics and the broader financial markets. Sam has nearly eight years of progressive experience as an analyst, writer and financial market commentator where he has contributed to the world's foremost newscasts. Follow @HackedCom Feedback or Requests? Related Topics:crowdraisesico fundinginitial coin offering Up Next Tether Theft Leaves $31 Million Exposed in Latest Crypto Heist Don't Miss Confido ICO Has Vanished With $374,000 of Investor Funds You may like ICO Analysis: Ambit Mining ICO Analysis: CoinJanitor ICO Analysis: ImmVRse ICO Analysis: Momentum ICO Analysis: Eligma ICO Analysis: NeuroChain (NCC) Click to comment You must be logged in to post a comment Login Leave a Reply Cancel replyYou must be logged in to post a comment. Market News Bithumb to Launch ICO in Singapore Later This Year Published 13 hours ago on April 21, 2018 By Sam Bourgi One of South Koreas largest cryptocurrency exchange is planning to launch its own initial coin offering (ICO) this year. According to local media, the token sale will be administered in Singapore, one of the most attractive jurisdictions for ICOs. // -- Discuss and ask questions in our community on Workplace. Launch of Bithumb Coin Bithumb is in the early stages of developing a native token that will be used as a trading instrument on the digital currency exchange. According to local and international media reports, two versions of the token, dubbed Bithumb Coin, will be launched. Reports indicate that the token sale will not be available to the general public but to targeted investors. This is a similar model employed by several large prominent crowdfunding campaigns, such as Telegram, which has now raised at least $850 million out of whats expected to be a multi-billion-dollar deal. Several digital currency exchanges offer native tokens, which provide much-needed liquidity boosts and allow traders to carry out easier transactions more seamlessly. Some exchanges, such as Binance, offer lower fees for trading in the native token. The most recent example of an exchange-issued cryptocurrency is Huobi, which announced plans to launch Huobi Token (IT) on Ethereum. HT issuance will be capped at 500 million units. // -- Become a yearly Platinum Member and save 69 USD and get access to our secret group on Workplace. Click here to change your current membership -- // At present, Bithumb has not provided a timetable for when the token will launch, although it is generally believed to be commencing later this year. Bithumb is one of the worlds largest crypto exchanges by total volume. On Saturday, the exchange processed nearly $1.3 billion worth of cryptocurrency trades with the vast majority of transactions quoted in South Korean won. Circumventing Local Restrictions While South Korea has become a major center for cryptocurrency trading, companies are barred from raising money via ICOs. The government banned the controversial crowdfunding model back in September before broadening its investigation of the broader cryptocurrency arena. Singapore, on the other hand, is now considered an emerging hub for ICO transactions thanks to supportive government policies and favorable tax rules. Not only does the Monetary Authority of Singapore not regulate cryptocurrency, it welcomes them as an innovation that can potentially reduce the cost of financial transactions, according to guidelines published by the agency back in November. However, MAS has recently indicated that it will assess additional rules within its existing cryptocurrency framework to safeguard investors. At the present time, MAS only regulates crypto-market intermediaries, like exchanges and remittance companies. Although South Korea is no longer agnostic toward ICOs like many of its counterparts, local financial authorities are exploring Know Your Customer and Anti-Money Laundering protocols that could be used to better enhance the token sale process. Disclaimer: The author owns bitcoin, Ethereum and other cryptocurrencies. He holds investment positions in the coins, but does not engage in short-term or day-trading. Featured image courtesy of Shutterstock. Important: Never invest (trade with) money you can't afford to comfortably lose. Always do your own research and due diligence before placing a trade. Read our Terms & Conditions here. Trade recommendations and analysis are written by our analysts which might have different opinions. Read my 6 Golden Steps to Financial Freedom here. Best regards, Jonas Borchgrevink. Rate this post: Important for improving the service. Please add a comment in the comment field below explaining what you rated and why you gave it that rate. Failed Trade Recommendations should not be rated as that is considered a failure either way. (1 votes, average: 5.00 out of 5)You need to be a registered member to rate this. Loading... Sam Bourgi 4.5 stars on average, based on 340 rated postsSam Bourgi is Chief Editor to Hacked.com, where he specializes in cryptocurrency, economics and the broader financial markets. Sam has nearly eight years of progressive experience as an analyst, writer and financial market commentator where he has contributed to the world's foremost newscasts. Follow @HackedCom Feedback or Requests? Continue Reading Market News Saxo Bank Expects Cryptocurrency Prices to Springboard in Second Quarter Published 2 days ago on April 20, 2018 By Sam Bourgi After a dismal first quarter, cryptocurrency prices may be entering a bullish cycle, according to analysts at Denmarks Saxo Bank. The financial institution recently issued an optimistic outlook on the asset class but warned that downside risks remain. // -- Discuss and ask questions in our community on Workplace. The Bullish Case for Cryptocurrency In Saxos quarterly outlook report, analyst Jacob Pouncey argued that cryptocurrencies could be poised for a comeback in the second quarter as bearish pressures continue to fade. Recentacquisitions of crypto exchanges by major financial firms and the consolidation of the blockchain industry make Q2 a possible venue for a large price recovery. The steep losses have driven industry consolidation. The rush to market was badly timed and a number of crypto asset hedge funds, exchanges, and ICOs have shut down already, he said. However, several events could serve as springboards for a cryptocurrency bull market in Q2, whether it is through fundamental drivers, or it is just a self-fulfilling prophecy. // -- Become a yearly Platinum Member and save 69 USD and get access to our secret group on Workplace. Click here to change your current membership -- // Advocates of cryptocurrencies have a lot more to be optimistic about. The digital asset class has gained about a third in the last week, with combined prices reaching their highest level since mid-March. The rally has been associated with a steep recovery in the value of altcoins, which now account for nearly 61% of the total market. Amid the latest downturn, altcoins saw their share of the total market drop to around 54%. Uncorrelated Assets The Saxo analyst made another interesting observation: blue-chip cryptocurrencies have historically shown unique price independence in the face of financial-market shocks. As money continues to flow from the equity markets, so-called uncorrelated assets such as bitcoin could be poised to benefit. Research has shown that bitcoin exhibits low correlation of returns, which means it behaves independently of other asset classes. We saw a breakdown of this quality earlier this year as cryptos seemingly traded in the same direction as stocks (likely due to the influx of new traders to the market). When it comes to investing, low correlation essentially refers to price independence. This means blue-chip cryptocurrencies like bitcoin are influenced by distinct market forces that do not always apply to other asset classes. Likewise, traditional politico-economic drivers do not influence digital assets to the same degree. The Saxo report was released on Tuesday, so theres a good chance that the cryptocurrency forecast was influenced by the recent uptrend in prices. However,Pouncey also indicated that the future presents more opportunity for stability as weak hands are purged from the market after the recent bearish cycle. This outlook is shared by many, who expect crypto assets to extend their recovery in the short-to-medium term. Disclaimer: The author owns bitcoin, Ethereum and other cryptocurrencies. He holds investment positions in the coins, but does not engage in short-term or day-trading. Featured image courtesy of Shutterstock. Important: Never invest (trade with) money you can't afford to comfortably lose. Always do your own research and due diligence before placing a trade. Read our Terms & Conditions here. Trade recommendations and analysis are written by our analysts which might have different opinions. Read my 6 Golden Steps to Financial Freedom here. Best regards, Jonas Borchgrevink. Rate this post: Important for improving the service. Please add a comment in the comment field below explaining what you rated and why you gave it that rate. Failed Trade Recommendations should not be rated as that is considered a failure either way. (1 votes, average: 5.00 out of 5)You need to be a registered member to rate this. Loading... Sam Bourgi 4.5 stars on average, based on 340 rated postsSam Bourgi is Chief Editor to Hacked.com, where he specializes in cryptocurrency, economics and the broader financial markets. Sam has nearly eight years of progressive experience as an analyst, writer and financial market commentator where he has contributed to the world's foremost newscasts. Follow @HackedCom Feedback or Requests? Continue Reading Market News Coinbase Alert: Amazon Is Coming Published 4 days ago on April 18, 2018 By James Waggoner Amazon is to the 21st century what Walmart was to the 20th century. Slowly, Amazon is putting its imprint onto more and more areas of business. Already AMZN is one of the world most valuable companies worth more than $725 billion. Their sheer size allows them to go wherever they want. Last years jumbo acquisition of Whole Foods is a good example. // -- Discuss and ask questions in our community on Workplace. From these moves, it is clear that Amazon intends to avoid becoming the one trick pony that its rival Apple has succeeded in becoming. That means that Amazon must forever be searching for giant technology centric markets. Cryptocurrency may be on the horizon. Just yesterday the U.S. Patent Office issued # 9,947,033 to Amazon for software titled Streaming Data Marketplace. CNBC first reported the headlines. Here are some direct excerpts from the patent application: Streaming analytics technologies hold the promise of making vast volumes of data available in a low latency fashion. However, while prior technologies may be able to provide data in a low latency fashion, the raw data may have low value (or have less valuable than the data could have) until the raw data is enhanced by correlating the raw data with additional data, such as by matching records using common values. // -- Become a yearly Platinum Member and save 69 USD and get access to our secret group on Workplace. Click here to change your current membership -- // One example is a data stream that publishes or includes global bitcoin transactions (or any cryptocurrency transaction). These transactions are completely visible to each participant in the network. The raw transaction data may have little meaning to a customer unless the customer has a way to correlate various elements of the stream with other useful data. For example, a group of electronic or internet retailers who accept bitcoin transactions may have a shipping address that may correlate with the bitcoin address. The electronic retailers may combine the shipping address with the bitcoin transaction data to create correlated data and republish the combined data as a combined data stream. A group of telecommunications providers may subscribe downstream to the combined data stream and be able to correlate the IP (Internet Protocol) addresses of the transactions to countries of origin. Government agencies may be able to subscribe downstream and correlate tax transaction data to help identify transaction participants. Translating Into English Amazon filed this patent back in 2014 so it is obvious that cryptocurrencies were not the only application they had in mind for their Streaming Data Marketplace. That doesnt change the fact that crypto has evolved in value to over $300 billion and adoption of bitcoin by Amazon would be a major legitimizing force in the whole crypto movement. The one big thing standing in the way of acceptance of a large number of relatively small value transactions is liquidity (speed) and Amazon vendors profits could be enhanced or completely wiped out by crypto volatility. Before getting all excited, the Streaming Data Marketplace would need to address this issue. Without trying to get into the techno garbodigook, one way to address the problem would be for Amazon to create their own massive crypto exchange that not only provided low latency transactions but serve as yet another Amazon service. Just using the Amazon name would bring enormous credibility. The Value Of the Data After reading through the patent, it is obvious there are many applications to be developed. Helping regulators may be one of those. Here is what the patent application states. For example, a law enforcement agency may be a customer and may desire to receive global bitcoin transactions, correlated by country, with ISP data to determine source IP addresses and shipping addresses that correlate to bitcoin addresses. The agency may not want additional available enhancements such as local bank data records. Good Or Bad For Bitcoin (And Others Is having all of the additional data available to law enforcement and other regulators a good or bad thing? After all, doesnt this take away all the anonymity that attracted so many to cryptocurrencies in the first place? There are arguments on both sides of this issue but I think the benefits are worth some consideration. The biggest is that if Amazon and all of its vendors have a mechanism in place to accept payment in bitcoin, this is a huge plus. The day this happens eBay and virtually every other online merchant will get with the game. And lets remember we are talking about far more than just bitcoin. The downside is that if you have obtained your crypto from some questionable activities or wish to maintain your anonymity, stay away from online shopping. Featured image courtesy of Shutterstock. Important: Never invest (trade with) money you can't afford to comfortably lose. Always do your own research and due diligence before placing a trade. Read our Terms & Conditions here. Trade recommendations and analysis are written by our analysts which might have different opinions. Read my 6 Golden Steps to Financial Freedom here. Best regards, Jonas Borchgrevink. Rate this post: Important for improving the service. Please add a comment in the comment field below explaining what you rated and why you gave it that rate. Failed Trade Recommendations should not be rated as that is considered a failure either way. (6 votes, average: 4.17 out of 5)You need to be a registered member to rate this. Loading... James Waggoner 4.3 stars on average, based on 61 rated postsJames Waggoner is a veteran Wall Street analyst and hedge fund manager who has spent the past few years researching the fintech possibilities of cryptocurrencies. He has a special passion for writing about the future of crypto. Follow @HackedCom Feedback or Requests? Continue Reading Recent Commentsembersburnbrightly on Technical Analysis: Bitcoin Tests $9000 as Altcoins Pull Back after Strong Rallyidm2000 on Bithumb to Launch ICO in Singapore Later This YearBossa on One Week With Live Streaming and I Ended Up With 13 500 USD in ProfitKiril Nikolaev on Trade Recommendation: Bytecoin/MoneroJochem50 on Trade Recommendation: Bytecoin/Monero Bitcoin:$25,000 By Year End? Technical Analysis: Bitcoin Tests $9000 as Altcoin... Trade Recommendation: EOS ICO Analysis: CoinJanitor Silver Prices Poised for a Breakout Overview of... Buyers Control the Cryptocurrency Market More Than... More Chance to Go Up for Litecoin Recent Posts Buyers Control the Cryptocurrency Market More Than Any Time Since March 2017 April 22, 2018 Technical Analysis: Bitcoin Tests $9000 as Altcoins Pull Back after Strong Rally April 21, 2018 How to Trade Some of the Most Conspicuous Price Phenomena: Gaps and Windows April 21, 2018 ICO Analysis: Ambit Mining April 21, 2018 Trade Recommendation: EUR/ILS April 21, 2018 Bithumb to Launch ICO in Singapore Later This Year April 21, 2018 Trade Recommendation: EOS April 21, 2018 ICO Analysis: CoinJanitor April 21, 2018 Hacked.com Weekly Webinar: Apr. 21 Edition April 21, 2018 Silver Prices Poised for a Breakout Overview of Key Trigger Levels April 21, 2018 A part of CCN Hacked.com is Neutral and Unbiased Hacked.com and its team members have pledged to reject any form of advertisement or sponsorships from 3rd parties. We will always be neutral and we strive towards a fully unbiased view on all topics. Whenever an author has a conflicting interest, that should be clearly stated in the post itself with a disclaimer. If you suspect that one of our team members are biased, please notify me immediately at jonas.borchgrevink(at)hacked.com. Trending Analysis1 week ago Long-Term Cryptocurrency Analysis: Bumpy Road Ahead Despite Strong Rally Analysis1 week ago Cryptocurrency Prices: The Worst Is Behind Market News4 days ago Coinbase Alert: Amazon Is Coming Analysis3 days ago More Chance to Go Up for Litecoin Altcoins4 days ago Stellar Prices Jump to Six-Week Highs Ahead of Cannabis ICO Recommendations6 days ago Trade Recommendation: Stellar Altcoins6 days ago What Is Bitcoin Private and Why Is It Surging? ICO1 week ago ICO Analysis: Talao

Market News Telegram Plans to Launch Billion-Dollar ICO, Sources Say Published 3 months ago on January 10, 2018 By Sam Bourgi Popular messaging app Telegram is planning to launch the most ambitious ICO yet, according to sources familiar with the matter. // -- Discuss and ask questions in our community on Workplace. Billion-Dollar ICO? Various news sources have reported that Telegram is seeking to raise $1.2 billion through a crowdsale, easily becoming the biggest ICO ever. Currently, that title belongs to Filecon, which raised $257 million in 2017. Total funds raised via ICO came within a hair of $6 billion in 2016, according to ICOData. Momentum is definitely on the side of projects like Telegram, which boast more than 200 million active users. The sheer magnitude of the sale could be one of the most decisive steps any company has taken in bringing cryptocurrency to the mainstream. Telegrams possible bid to become the biggest ICO is compelling for another reason: the platform has become the de facto network for token raises to interact with their investors. The messaging app has become one of the most critical aspects of launching a successful token raise. (For ICO projects, it usually falls under the domain of community management.) // -- Become a yearly Platinum Member and save 69 USD and get access to our secret group on Workplace. Click here to change your current membership -- // Its not difficult to see why investors would be captivated by a Telegram token sale. Whereas the vast majority of ICOs are startups selling a vision, Telegram is a global enterprise with enormous reach. All that, and it hasnt even hit its stride in North America. What We Know So Far It has been said that Telegram is looking to collect as much as $500 million in a pre-ICO sale, with a total token value that could reach $5 billion. An official announcement could come as early as March. In an ICO, a pre-sale is a minimum cap on investments to attract bigger players before opening the door to retail investors. The minimum buy-in during the pre-sale could be as high as $20 million, sources say, with U.S. dollars likely required instead of cryptocurrency. The funds will go toward the Telegram Open Network, or TON, which will be a new third generation blockchain, according to TechCrunch. By adopting a native cryptocurrency, Telegrams payment system could increase cross-border flows, facilitate micro-payments and reduce transaction fees. Its important to note that TON speculation has not been confirmed by Telegram. Although the rumors have been posted by several highly reputable news sources, the company has remained silent on the matter. Disclaimer: The author owns bitcoin, Ethereum and other cryptocurrencies. He holds investment positions in the coins, but does not engage in short-term or day-trading. Featured image courtesy of Shutterstock. Important: Never invest (trade with) money you can't afford to comfortably lose. Always do your own research and due diligence before placing a trade. Read our Terms & Conditions here. Trade recommendations and analysis are written by our analysts which might have different opinions. Read my 6 Golden Steps to Financial Freedom here. Best regards, Jonas Borchgrevink. Rate this post: Important for improving the service. Please add a comment in the comment field below explaining what you rated and why you gave it that rate. Failed Trade Recommendations should not be rated as that is considered a failure either way. (6 votes, average: 4.67 out of 5)You need to be a registered member to rate this. Loading... Sam Bourgi 4.5 stars on average, based on 338 rated postsSam Bourgi is Chief Editor to Hacked.com, where he specializes in cryptocurrency, economics and the broader financial markets. Sam has nearly eight years of progressive experience as an analyst, writer and financial market commentator where he has contributed to the world's foremost newscasts. Follow @HackedCom Feedback or Requests? Related Topics:initial coin offeringtelegram ico Up Next Goldman Sachs Says Cryptocurrencies Could Make it as Real Money Don't Miss After SEC Feedback, Several Firms Withdraw Bids to List Bitcoin ETFs You may like ICO Analysis: Ambit Mining ICO Analysis: CoinJanitor ICO Analysis: ImmVRse ICO Analysis: Momentum ICO Analysis: Eligma ICO Analysis: NeuroChain (NCC) Click to comment You must be logged in to post a comment Login Leave a Reply Cancel replyYou must be logged in to post a comment. Market News Bithumb to Launch ICO in Singapore Later This Year Published 7 hours ago on April 21, 2018 By Sam Bourgi One of South Koreas largest cryptocurrency exchange is planning to launch its own initial coin offering (ICO) this year. According to local media, the token sale will be administered in Singapore, one of the most attractive jurisdictions for ICOs. // -- Discuss and ask questions in our community on Workplace. Launch of Bithumb Coin Bithumb is in the early stages of developing a native token that will be used as a trading instrument on the digital currency exchange. According to local and international media reports, two versions of the token, dubbed Bithumb Coin, will be launched. Reports indicate that the token sale will not be available to the general public but to targeted investors. This is a similar model employed by several large prominent crowdfunding campaigns, such as Telegram, which has now raised at least $850 million out of whats expected to be a multi-billion-dollar deal. Several digital currency exchanges offer native tokens, which provide much-needed liquidity boosts and allow traders to carry out easier transactions more seamlessly. Some exchanges, such as Binance, offer lower fees for trading in the native token. The most recent example of an exchange-issued cryptocurrency is Huobi, which announced plans to launch Huobi Token (IT) on Ethereum. HT issuance will be capped at 500 million units. // -- Become a yearly Platinum Member and save 69 USD and get access to our secret group on Workplace. Click here to change your current membership -- // At present, Bithumb has not provided a timetable for when the token will launch, although it is generally believed to be commencing later this year. Bithumb is one of the worlds largest crypto exchanges by total volume. On Saturday, the exchange processed nearly $1.3 billion worth of cryptocurrency trades with the vast majority of transactions quoted in South Korean won. Circumventing Local Restrictions While South Korea has become a major center for cryptocurrency trading, companies are barred from raising money via ICOs. The government banned the controversial crowdfunding model back in September before broadening its investigation of the broader cryptocurrency arena. Singapore, on the other hand, is now considered an emerging hub for ICO transactions thanks to supportive government policies and favorable tax rules. Not only does the Monetary Authority of Singapore not regulate cryptocurrency, it welcomes them as an innovation that can potentially reduce the cost of financial transactions, according to guidelines published by the agency back in November. However, MAS has recently indicated that it will assess additional rules within its existing cryptocurrency framework to safeguard investors. At the present time, MAS only regulates crypto-market intermediaries, like exchanges and remittance companies. Although South Korea is no longer agnostic toward ICOs like many of its counterparts, local financial authorities are exploring Know Your Customer and Anti-Money Laundering protocols that could be used to better enhance the token sale process. Disclaimer: The author owns bitcoin, Ethereum and other cryptocurrencies. He holds investment positions in the coins, but does not engage in short-term or day-trading. Featured image courtesy of Shutterstock. Important: Never invest (trade with) money you can't afford to comfortably lose. Always do your own research and due diligence before placing a trade. Read our Terms & Conditions here. Trade recommendations and analysis are written by our analysts which might have different opinions. Read my 6 Golden Steps to Financial Freedom here. Best regards, Jonas Borchgrevink. Rate this post: Important for improving the service. Please add a comment in the comment field below explaining what you rated and why you gave it that rate. Failed Trade Recommendations should not be rated as that is considered a failure either way. (1 votes, average: 5.00 out of 5)You need to be a registered member to rate this. Loading... Sam Bourgi 4.5 stars on average, based on 338 rated postsSam Bourgi is Chief Editor to Hacked.com, where he specializes in cryptocurrency, economics and the broader financial markets. Sam has nearly eight years of progressive experience as an analyst, writer and financial market commentator where he has contributed to the world's foremost newscasts. Follow @HackedCom Feedback or Requests? Continue Reading Market News Saxo Bank Expects Cryptocurrency Prices to Springboard in Second Quarter Published 2 days ago on April 20, 2018 By Sam Bourgi After a dismal first quarter, cryptocurrency prices may be entering a bullish cycle, according to analysts at Denmarks Saxo Bank. The financial institution recently issued an optimistic outlook on the asset class but warned that downside risks remain. // -- Discuss and ask questions in our community on Workplace. The Bullish Case for Cryptocurrency In Saxos quarterly outlook report, analyst Jacob Pouncey argued that cryptocurrencies could be poised for a comeback in the second quarter as bearish pressures continue to fade. Recentacquisitions of crypto exchanges by major financial firms and the consolidation of the blockchain industry make Q2 a possible venue for a large price recovery. The steep losses have driven industry consolidation. The rush to market was badly timed and a number of crypto asset hedge funds, exchanges, and ICOs have shut down already, he said. However, several events could serve as springboards for a cryptocurrency bull market in Q2, whether it is through fundamental drivers, or it is just a self-fulfilling prophecy. // -- Become a yearly Platinum Member and save 69 USD and get access to our secret group on Workplace. Click here to change your current membership -- // Advocates of cryptocurrencies have a lot more to be optimistic about. The digital asset class has gained about a third in the last week, with combined prices reaching their highest level since mid-March. The rally has been associated with a steep recovery in the value of altcoins, which now account for nearly 61% of the total market. Amid the latest downturn, altcoins saw their share of the total market drop to around 54%. Uncorrelated Assets The Saxo analyst made another interesting observation: blue-chip cryptocurrencies have historically shown unique price independence in the face of financial-market shocks. As money continues to flow from the equity markets, so-called uncorrelated assets such as bitcoin could be poised to benefit. Research has shown that bitcoin exhibits low correlation of returns, which means it behaves independently of other asset classes. We saw a breakdown of this quality earlier this year as cryptos seemingly traded in the same direction as stocks (likely due to the influx of new traders to the market). When it comes to investing, low correlation essentially refers to price independence. This means blue-chip cryptocurrencies like bitcoin are influenced by distinct market forces that do not always apply to other asset classes. Likewise, traditional politico-economic drivers do not influence digital assets to the same degree. The Saxo report was released on Tuesday, so theres a good chance that the cryptocurrency forecast was influenced by the recent uptrend in prices. However,Pouncey also indicated that the future presents more opportunity for stability as weak hands are purged from the market after the recent bearish cycle. This outlook is shared by many, who expect crypto assets to extend their recovery in the short-to-medium term. Disclaimer: The author owns bitcoin, Ethereum and other cryptocurrencies. He holds investment positions in the coins, but does not engage in short-term or day-trading. Featured image courtesy of Shutterstock. Important: Never invest (trade with) money you can't afford to comfortably lose. Always do your own research and due diligence before placing a trade. Read our Terms & Conditions here. Trade recommendations and analysis are written by our analysts which might have different opinions. Read my 6 Golden Steps to Financial Freedom here. Best regards, Jonas Borchgrevink. Rate this post: Important for improving the service. Please add a comment in the comment field below explaining what you rated and why you gave it that rate. Failed Trade Recommendations should not be rated as that is considered a failure either way. (1 votes, average: 5.00 out of 5)You need to be a registered member to rate this. Loading... Sam Bourgi 4.5 stars on average, based on 338 rated postsSam Bourgi is Chief Editor to Hacked.com, where he specializes in cryptocurrency, economics and the broader financial markets. Sam has nearly eight years of progressive experience as an analyst, writer and financial market commentator where he has contributed to the world's foremost newscasts. Follow @HackedCom Feedback or Requests? Continue Reading Market News Coinbase Alert: Amazon Is Coming Published 3 days ago on April 18, 2018 By James Waggoner Amazon is to the 21st century what Walmart was to the 20th century. Slowly, Amazon is putting its imprint onto more and more areas of business. Already AMZN is one of the world most valuable companies worth more than $725 billion. Their sheer size allows them to go wherever they want. Last years jumbo acquisition of Whole Foods is a good example. // -- Discuss and ask questions in our community on Workplace. From these moves, it is clear that Amazon intends to avoid becoming the one trick pony that its rival Apple has succeeded in becoming. That means that Amazon must forever be searching for giant technology centric markets. Cryptocurrency may be on the horizon. Just yesterday the U.S. Patent Office issued # 9,947,033 to Amazon for software titled Streaming Data Marketplace. CNBC first reported the headlines. Here are some direct excerpts from the patent application: Streaming analytics technologies hold the promise of making vast volumes of data available in a low latency fashion. However, while prior technologies may be able to provide data in a low latency fashion, the raw data may have low value (or have less valuable than the data could have) until the raw data is enhanced by correlating the raw data with additional data, such as by matching records using common values. // -- Become a yearly Platinum Member and save 69 USD and get access to our secret group on Workplace. Click here to change your current membership -- // One example is a data stream that publishes or includes global bitcoin transactions (or any cryptocurrency transaction). These transactions are completely visible to each participant in the network. The raw transaction data may have little meaning to a customer unless the customer has a way to correlate various elements of the stream with other useful data. For example, a group of electronic or internet retailers who accept bitcoin transactions may have a shipping address that may correlate with the bitcoin address. The electronic retailers may combine the shipping address with the bitcoin transaction data to create correlated data and republish the combined data as a combined data stream. A group of telecommunications providers may subscribe downstream to the combined data stream and be able to correlate the IP (Internet Protocol) addresses of the transactions to countries of origin. Government agencies may be able to subscribe downstream and correlate tax transaction data to help identify transaction participants. Translating Into English Amazon filed this patent back in 2014 so it is obvious that cryptocurrencies were not the only application they had in mind for their Streaming Data Marketplace. That doesnt change the fact that crypto has evolved in value to over $300 billion and adoption of bitcoin by Amazon would be a major legitimizing force in the whole crypto movement. The one big thing standing in the way of acceptance of a large number of relatively small value transactions is liquidity (speed) and Amazon vendors profits could be enhanced or completely wiped out by crypto volatility. Before getting all excited, the Streaming Data Marketplace would need to address this issue. Without trying to get into the techno garbodigook, one way to address the problem would be for Amazon to create their own massive crypto exchange that not only provided low latency transactions but serve as yet another Amazon service. Just using the Amazon name would bring enormous credibility. The Value Of the Data After reading through the patent, it is obvious there are many applications to be developed. Helping regulators may be one of those. Here is what the patent application states. For example, a law enforcement agency may be a customer and may desire to receive global bitcoin transactions, correlated by country, with ISP data to determine source IP addresses and shipping addresses that correlate to bitcoin addresses. The agency may not want additional available enhancements such as local bank data records. Good Or Bad For Bitcoin (And Others Is having all of the additional data available to law enforcement and other regulators a good or bad thing? After all, doesnt this take away all the anonymity that attracted so many to cryptocurrencies in the first place? There are arguments on both sides of this issue but I think the benefits are worth some consideration. The biggest is that if Amazon and all of its vendors have a mechanism in place to accept payment in bitcoin, this is a huge plus. The day this happens eBay and virtually every other online merchant will get with the game. And lets remember we are talking about far more than just bitcoin. The downside is that if you have obtained your crypto from some questionable activities or wish to maintain your anonymity, stay away from online shopping. Featured image courtesy of Shutterstock. Important: Never invest (trade with) money you can't afford to comfortably lose. Always do your own research and due diligence before placing a trade. Read our Terms & Conditions here. Trade recommendations and analysis are written by our analysts which might have different opinions. Read my 6 Golden Steps to Financial Freedom here. Best regards, Jonas Borchgrevink. Rate this post: Important for improving the service. Please add a comment in the comment field below explaining what you rated and why you gave it that rate. Failed Trade Recommendations should not be rated as that is considered a failure either way. (6 votes, average: 4.17 out of 5)You need to be a registered member to rate this. Loading... James Waggoner 4.3 stars on average, based on 61 rated postsJames Waggoner is a veteran Wall Street analyst and hedge fund manager who has spent the past few years researching the fintech possibilities of cryptocurrencies. He has a special passion for writing about the future of crypto. Follow @HackedCom Feedback or Requests? Continue Reading Recent Commentsembersburnbrightly on Technical Analysis: Bitcoin Tests $9000 as Altcoins Pull Back after Strong Rallyidm2000 on Bithumb to Launch ICO in Singapore Later This YearBossa on One Week With Live Streaming and I Ended Up With 13 500 USD in ProfitKiril Nikolaev on Trade Recommendation: Bytecoin/MoneroJochem50 on Trade Recommendation: Bytecoin/Monero Bitcoin:$25,000 By Year End? Trade Recommendation: EOS More Chance to Go Up for Litecoin Silver Prices Poised for a Breakout Overview of... ICO Analysis: CoinJanitor Technical Analysis: Bitcoin Tests $9000 as Altcoin... Crypto Update: Ripple Leads Altcoin Surge, Hits $0... Recent Posts Buyers Control the Cryptocurrency Market More Than Any Time Since March 2017 April 22, 2018 Technical Analysis: Bitcoin Tests $9000 as Altcoins Pull Back after Strong Rally April 21, 2018 How to Trade Some of the Most Conspicuous Price Phenomena: Gaps and Windows April 21, 2018 ICO Analysis: Ambit Mining April 21, 2018 Trade Recommendation: EUR/ILS April 21, 2018 Bithumb to Launch ICO in Singapore Later This Year April 21, 2018 Trade Recommendation: EOS April 21, 2018 ICO Analysis: CoinJanitor April 21, 2018 Hacked.com Weekly Webinar: Apr. 21 Edition April 21, 2018 Silver Prices Poised for a Breakout Overview of Key Trigger Levels April 21, 2018 A part of CCN Hacked.com is Neutral and Unbiased Hacked.com and its team members have pledged to reject any form of advertisement or sponsorships from 3rd parties. We will always be neutral and we strive towards a fully unbiased view on all topics. Whenever an author has a conflicting interest, that should be clearly stated in the post itself with a disclaimer. If you suspect that one of our team members are biased, please notify me immediately at jonas.borchgrevink(at)hacked.com. Trending Analysis1 week ago Long-Term Cryptocurrency Analysis: Bumpy Road Ahead Despite Strong Rally Analysis1 week ago Cryptocurrency Prices: The Worst Is Behind Market News3 days ago Coinbase Alert: Amazon Is Coming Analysis2 days ago More Chance to Go Up for Litecoin Altcoins4 days ago Stellar Prices Jump to Six-Week Highs Ahead of Cannabis ICO Recommendations6 days ago Trade Recommendation: Stellar Altcoins6 days ago What Is Bitcoin Private and Why Is It Surging? ICO1 week ago ICO Analysis: Talao

ICO ICO Analysis: Datum Published 6 months ago on October 19, 2017 By Aakash Kawale Did you know the word Datum is singular for data? I didnt! // -- Discuss and ask questions in our community on Workplace. As the name suggests Datums business model revolves around data. The Datum network allows anyone to store structured data securely in a decentralized way on a smart contract blockchain. The DAT smart token enables optional selling and buying of stored data while enforcing data usage rules as set by the data owner. Nowadays data is an asset which is as valuable as oil and machines used to be in the past. It has become a strategic asset that allows companies to acquire or maintain a competitive edge. User data can find many applications and uses, most important being advertising and research. If you are not paying for the product, you are the product. Andrew Lewis, 2010. // -- Become a yearly Platinum Member and save 69 USD and get access to our secret group on Workplace. Click here to change your current membership -- // Internet conglomerates like Facebook, Google, Twitter provide their services for free but in exchange exploit a users personal data. Sensitive information like personal emails are accessed by Google to sell information to advertisers. The data ecosystem is now worth billions of dollars, however the most important component of this system i.e the user, is the only one who is not actively involved. Datum is creating a decentralized network where users will have all the control over their data and will get paid for sharing it. Datum network is based on smart contracts which enable the sharing and exchange of data. Datum client will be a web and mobile based application where user submits the data along with its usage terms. The data gets encrypted and stored in decentralized form using IPFS and BigChainDB. Users will have to pay some fee to the network storage miners. Once buyers submit their requirements, smart contracts match the attributes and release data in exchange of access charges taken from the buyer. Apples Healthkit is similar to what Datum aims to offer. However the data stored on Healthkit is centrally located and owned by Apple, and the users dont get paid for sharing their data. The team has not given many usecases of the product usage in their short whitepaper apart from a few examples of data monopoly of internet giants like Facebook and Google. Newly launched AirToken also pays users for enabling access to data. The concept of Datum is somewhat different, you can check our review of AirToken here. Companies like Papyrus,Qchain are creating digital advertising ecosystems in which users get paid for sharing their data to advertisers. They are limited to advertising ecosystem, while Datum aims to cover other domains as well, although we dont exactly know which ones. Token and Crowdraise DAT is the only token to be used on the platform. DAT will be used in various stages of the product offering. Users will have to pay DATs to access the network and store data. Data buyers will pay DATs to register on the network and access user data. Third party services of CIVIC, IPFS, BigChainDB will be used in the network. The ICO will begin on 29th October. The total supply of DAT will be 3 billion of which 1.53 Billion will be available for the ICO. There is a softcap of $5 million and a hardcap of $45 million. One DAT is valued at around $0.03. 20% of the total supply of 3 billion is kept for the team. 60% of the funds raised will be used for development and 15% for marketing. Team CEO Roger Haenni is a serial entrepreneur with extensive experience in big data systems. He has cofounded 4 companies one of which includes StockX. StockX is a venture capital backed e-commerce site for global sneaker resale market. The whitepaper lists 8 members in the team and 1 adviser. Adviser Daniel Saito is the cofounder of MySQL. A recent blogpost shows addition of 3 new advisers and a few more team members. The core team has no prior blockchain experience, they have hired 2 Stanford undergrads as blockchain engineers. We give an average rating to the team. The teams lack of blockchain experience should have been compensated by having more advisers who have worked with the technology. Verdict Even after a user downloads Datum, what is stopping Facebook, Google, Amazon from sharing users data. Thats how the internet economy works. Facebook, Google are providing free services to users only because they get the data. The only users have access to their data part of the advertising campaign is somewhat misleading. IF very strict antitrust laws come up which prevent internet giants from collecting user info without their permission, then the business model might find value. Atleast for the decentralized digital advertising bit, companies like Papyrus, Airtoken seem to be much better placed. As for the other usecases, there is not much information available. There is a mention of car data, where users will sell data that their car generates using Datum. But then how are they planning to do that? Are they actively seeking partnerships with car manufactures like Dovu does? Overall we feel the idea is good, but the scope is too broad for a single team to handle. We hope the team shares some more details through blog posts etc. Risks The scope of the project is too big for small team to handle. Many projects are working on the issue of data ownership, but they are focused on niche segments. -3 The whitepaper leaves you with many questions in mind. -2 For a project of this scale a large adviser network is needed. The whitepaper mentions only one adviser. A blog post informing about addition of 3 new advisers was posted on 14th October. Did they add 3 new advisers just two weeks before an ICO where they want to raise $45 million? -0.5 Growth Potential The concept of data ownership holds a lot of potential. +2 Datum can definitely scale in usecases like medicine, where something similar to HealthKit can be created. +4 Tokens used in transactions will be burnt, creating value for token holders as the network scales. +2 Disposition We arrive at a score of 2.5 out of 10 for Datum. The score seems valid considering the many underlying grey areas. Investment Details The ICO begins on 29th October. You can register for the whitelist here. Important: Never invest (trade with) money you can't afford to comfortably lose. Always do your own research and due diligence before placing a trade. Read our Terms & Conditions here. Trade recommendations and analysis are written by our analysts which might have different opinions. Read my 6 Golden Steps to Financial Freedom here. Best regards, Jonas Borchgrevink. Rate this post: Important for improving the service. Please add a comment in the comment field below explaining what you rated and why you gave it that rate. Failed Trade Recommendations should not be rated as that is considered a failure either way. (0 votes, average: 0.00 out of 5)You need to be a registered member to rate this. Loading... Aakash Kawale 4.5 stars on average, based on 15 rated postsAakash Kawale is a financial analyst based out of Mumbai, India. He is the lead analyst at a Singapore based organization and has extensive experience of analyzing US and Indian equities. Aakash is a strong advocate of the Blockchain technology and has been analyzing cryptocurrencies since 2015. Follow @HackedCom Feedback or Requests? Related Topics:initial coin offeringtoken sale Up Next ICO Analysis: Lydian Don't Miss ICO Analysis: Worldcore You may like ICO Analysis: ImmVRse ICO Analysis: Momentum ICO Analysis: Eligma ICO Analysis: NeuroChain (NCC) ICO Analysis: Elementh ICO Analysis: TrustedHealth Click to comment You must be logged in to post a comment Login Leave a Reply Cancel replyYou must be logged in to post a comment. ICO ICO Analysis: ImmVRse Published 12 hours ago on April 20, 2018 By Alex Moskov ImmVRse is a blockchain-based virtual reality (VR) and augmented reality (AR) video sharing and hiring platform. Similar to YouTube, the platform allows you to like, comment, and share videos with other users but also connects creators with those who need their services (e.g. brands and advertisers). The combined VR/AR market targeted by the team is projected to reach $162 billion by 2020. // -- Discuss and ask questions in our community on Workplace. VR/AR Industry Problems Because the VR/AR space is still relatively young, there are numerous roadblocks inhibiting its growth. Primarily, content creators are spread across platforms because theres no dominant space for them to publish their work. As a brand or advertiser, this makes it difficult to connect with quality video producers. Additionally, many of the companies that are dedicated to AR/VR video sharing are highly centralized and limit who they allow to use their platform. Another hindrance to the growth of this market is the difficulty to generate revenue. Several countries have strict legislation revolving around payments, especially in overseas transactions. This, in combination with the oversaturation of video on traditional platforms, prevents quality AR/VR creators from expanding. // -- Become a yearly Platinum Member and save 69 USD and get access to our secret group on Workplace. Click here to change your current membership -- // ImmVRse Solutions ImmVRse is tackling all of these problems head-on. The team is not only building a sharing platform but a community as well. They want users to interact heavily with one another to help foster a supportive AR/VR ecosystem. To prevent restrictions on membership and content, ImmVRse uses Ethereum smart contracts for the peer-to-peer aspect of the platform. The entire jobs matching process, from inquiry to publication, is decentralized without any intermediary control. As with most other platforms implementing cryptocurrency, a large function of blockchain for ImmVRse is in their payments system. Users give and receive payments using the projects ERC20 token, IMV. Additionally, normal viewers who interact with the platform are rewarded with IMV as well. This opens up the platform to people in countries with prohibitive legislation and/or limited financial infrastructure. Finally, ImmVRse provides a unique solution to the revenue problems mentioned earlier. Because its an AR/VR dedicated platform, brands and advertisers are able to easily find the AR/VR talent theyre looking to hire for content production. One thing that stands out in the revenue model, though, is that high-value creators need to pay a monthly subscription to maintain a premium status on ImmVRse. This seems odd because theyre the driving force behind the platform. However, if the leads and value they receive from keeping their status are high enough, this may be a non-issue. Token The ImmVRse team is currently preparing for their token crowdsale but have a pre-sale announcement on May 15. No other dates have been announced yet, but the whitepaper states that the token sale will last for 6 to 8 weeks. During the ICO, the team will mint a maximum supply of 300 million IMV with no additional token creation after. IMVs are ERC20 tokens, so you can use any standard ERC20 wallet to participate in the ICO. IMV tokens will cost $0.20 with discounts to early contributors and pre-ICO participants. During the pre-ICO, tokens will have a 20% discount while early contributors can receive an additional 10% discount. The IMV token distribution is more centralized than most other projects with only one-third going to crowdsale participants. The distribution is as follows: 53% ImmVRse 33% ICO participants 10% Team and advisors 4% Rewards and bounties Creating even more centralization, only 60% of the crowdsale tokens are slotted for the public crowdsale. The remaining 40% will be distributed among private investors and pre-ICO participants. The crowdsale has a hard cap of $20 million. Team The ImmVRse team is headquartered in London and led by co-founders Farabi Shayor and Limon Rahman. Shayor has two and a half years of VR production experience alongside proficiency in Solidity development. Rahman is a seasoned entrepreneur with 14 years of financial control and management experience. Together they form a yin (product) and yang (business) combination thats great to see in a founding team. Unfortunately, the rest of the team is lacking in both AR/VR and blockchain experience. Although the technologies are new, it wouldve been nice to see a few team members with related projects under their belt. On a positive note, the team has a solid advisory board that should be able to help with any gaps in their knowledge base. Verdict The ImmVRse team is building a platform to highlight AR/VR content creators and connect them with companies looking for their services. Theyre attempting to solve some of the biggest growth problems in the video space now: censorship and profitability. Although the majority of team members dont have ample experience in key areas, the co-founders and advisory board should be able to carry them through. However, with so much of the platform revolving around quality content creation, ImmVRses decision to charge content creators for premium status may end up hurting them in the long run. Risks New market. The demand for AR/VR content is still yet to be proven. Its entirely possible that the need for this type of video is still multiple years away. Remember 3D televisions? (-1) Reliance on creators. Without happy creators, the platform has no value. Charging them for a premium status is starting off on the wrong foot. (-2) Terrible token distribution. Even if the platform becomes wildly successful, ImmVRse can just release more tokens into the ecosystem to keep the price at a reasonable level. (-3) Growth Potential Emerging market. Yes, I know I put the market as a risk, but theres huge growth potential here as well. AR/VR content has a multitude of use-cases and this market could end up being gigantic. (+5) Supportive advisers. Any expertise that the team is missing is filled in by some member of their advisory board. (+3) Multiple revenue streams. Advertising, job completion fees, creator monthly subscriptions, and numerous other things theres plenty of ways for the platform to make money. (+4) Disposition ImmVRse receives a respectable 6 out of 10. The platform is highly dependent on an industry that hasnt really broken ground yet. If AR/VR adoption is still far outside of the horizon, it may be years before ImmVRse shows value too long for a young project to survive. However, an AR/VR market boom could position ImmVRse to be the next big media platform to take the world by storm. Investment Details The ImmVRse team hasnt released any important investment details, but you can stay up-to-date with their announcements here. Symbol: IMV Platform: Ethereum Public Sale Start: N/A Price: 1 IMV = $0.20 U.S. Hard Cap: $20 million Minimum Investment: $50 U.S. Payments Accepted: ETH Jurisdictions Barred from Participation: United States Featured image courtesy of Shutterstock. Important: Never invest (trade with) money you can't afford to comfortably lose. Always do your own research and due diligence before placing a trade. Read our Terms & Conditions here. Trade recommendations and analysis are written by our analysts which might have different opinions. Read my 6 Golden Steps to Financial Freedom here. Best regards, Jonas Borchgrevink. Rate this post: Important for improving the service. Please add a comment in the comment field below explaining what you rated and why you gave it that rate. Failed Trade Recommendations should not be rated as that is considered a failure either way. (0 votes, average: 0.00 out of 5)You need to be a registered member to rate this. Loading... Alex Moskov 4.5 stars on average, based on 14 rated postsAlex Moskov is a writer and entrepreneur with a passion for building and creating awesome things. Alex has experience in music tech startups, digital marketing, and cryptocurrency investing. Follow @HackedCom Feedback or Requests? Continue Reading ICO ICO Analysis: Virtue Poker Published 1 day ago on April 19, 2018 By Joshua Larson The game of online poker has been massive ever since amateur Chris Moneymaker turned a $40 online satellite entry fee into a $2.5 million, 2003 World Series of Poker Championship win. Over the years, two massive flaws involving centralized online poker sites have come to light. In 2008, Ultimate Bet insiders stole over $20 million in players funds by using a software program called God Mode which allowed them to see the other players hole cards. In 2011, it was revealed that Full Tilt Poker (the#2 site at the time) was a giant Ponzi, involving insiders lining their own pockets with funds picked from their loyal players pool. Full Tilt was forced to shut down and players didnt see their money for over a year. New startup Virtue Poker is looking to provide solutions to both of these problems, plus many more. // -- Discuss and ask questions in our community on Workplace. Founded in 2015, Virtue Poker is putting poker on the Ethereum blockchain and using smart contracts to eliminate fraud and corruption by completely decentralizing the game. The virtue poker platform will offer several game changing features including tamper proof gaming, security of player funds, instant payouts and guaranteed tournaments. Each table is represented by a smart contract. All players send funds from their own personal digital wallets to the smart contract that serves as an escrow agent. Once the game is over the contract distributes the money back to the players wallets.All game play happens off-chain using a secure implementation of mental poker. The Virtue team also designed a revolutionary shuffle algorithm called the Two Pass Shuffle, which guarantees nobody can tamper with the cards. // -- Become a yearly Platinum Member and save 69 USD and get access to our secret group on Workplace. Click here to change your current membership -- // Learn all about the tech behind mental poker and the Two Pass Shuffle starting on page 17 of the whitepaper. Token VPP token has four utilities: It can be used as in game currency. It can be used for special tournaments. It can be earned as rakeback. It can be staked in a smart contract called a Justice Registry, which enables the staker to validate hands on the network in The Virtue platform acts as a POS platform. The nodes in the platform are called Justices. Justices are non playing peers, assigned to poker tables, who provide security and protection to players on the virtue poker network and in exchange recieve fees from players platform fees. the justices validate and submit the hand histories for storage to IPFS. The token distribution is as follows: Crowdsale 20% Second token offering after main net: 20% Marketing and development: 20% Founders: 17.2% Strategic Partners: 18.8% Advisers: 4% Approximately 40% of proceeds will be used to further platform development, 40% for marketing, 10% for legal costs, 5% for consultants, and 5% for business development and partnership In terms of price, everyone pays the same amount per token. The exact price per token will be set once the ICO is over. If the hard-cap is reached, the price will be $0.125; if they only reach soft-cap the price will be $0.06 or higher. (Contributing early doesnt give you a bonus, it just assures you get a spot in the sale.) There has never been any pre-sale or bonuses given. Every contributor gets the same deal. Team The Virtue team, advisers, and sponsored players are all rock solid. Co-Founder Ryan Gittleson (ConsenSys) is the team spokesman. He has done several YouTube interviews where he proves himself very knowledgeable and capable. Co-Founder Jim Berry has experience with NASA and a ton of tech ventures. The CMO Dan Goldman, who was the first CMO for Pokerstars, building them up to No. 1 in the world. One of their most notable advisers is Joe Lubin, who co-founded Etherum. They also have a 7+ strong tech team led by Chief Cryptographer, Iddo Bentov (Cornell). Finally, we have three poker legends to help market the site. Verdict Virtue Poker is by far the front-runner in blockchain poker. Their well thought out business plan, strong team/advisers and the three living legends for spokesmen guarantee they will at least be around for a few years to come. Success is going to first depend on building the app to perfection. And then on convincing players just how beneficial it is to move over to the Virtue platform. Our #1 value proposition is the security of player funds by not having to trust a centralized entity with the deposit or withdrawal process. (Co-Founder, Ryan Gittleson) Risks Poker players hate rake, and it looks like Virtues rake will be higher than average. This summer, they plan to implement Plasma to calculate every hand without using ETH, only sending transactions to the blockchain when players sit down and when they leave. Its still going to be pricey though and Virtue will be taking an additional rake each hand for business.-3 Gaining large scale adoption will be extremely challenging. Bovada and Americas Cardroom control the U.S. market while Pokerstars owns the rest of the world. Also, ACR recently started accepting a number of cryptocurrencies, which is one of Virtues main appeals.-3 Currently, the platforms player to player shuffle technology is only performing at 70-80 hands per hour. This is very slow compared to the mainstream sites. Players these days play for money; the more hands they can get in per hour, the more money they make. They arent going to play on Virtue if its slow and complicated. -2 They dont have a gaming license yet. Theyve been working for 18 months and are making progress in Malta and Gibraltar. They dont want to promise anything, but are very optomistic about Malta by the end of the year.-2 Growth Potential Phil Ivey, Dan Coleman and Brian Rast are constantly in the poker spotlight. They are literally the top guys in poker. They will be wearing Virtue logos as they win tournaments. Every poker player in the world will know about Virtue Poker. +4 Their solid technical team, strong management and Joe Lubin (Co-founder Ethereum/giant whale) as an adviser make it very hard to bet against this project.+4 The massive U.S. player pool has been banned from Pokerstars since 2011. They have found new sites to play on over the years, but nothing permanent. If Virtue can use their decentralized site to tap into the U.S. market, it could be glorious.+2 They are backed by ConsensSys, which is a global formation of technologists and entrepreneurs building the infrastructure applications and practices that enable a decentralized world. ConsenSys funded Virtue Power, helped them put together a team a team and supported the development of an alpha. At the end of the token sale, Virute becomes their own company and ConsenSys remains a passive investor.+2 The token price itself probably wont ever be extra valuable, but if you can stake a large supply, it would be like running a masternode. Virtue Poker has a chance to be around for years to come, so a node on their site would be steady passive income for years to come +3 Disposition This ICO is for folks who want to stake VPP tokens and become Justices (nodes). A score of5/10is warranted. Investment Details Platform: Ethereum Symbol: VPP Total Supply: 500 million Circulating Supply: 100 million Hardcap: $12.5 million Softcap: $6 million Public Sale: April 25th, 10:00 am EDT Price: flat rate (everyone pays same amount price calculated after sale) Jurisdiction barred: USA Whitelist registration:https://virtue.poker/register.html f Website:https://virtue.poker/ Featured image courtesy of Shutterstock. Important: Never invest (trade with) money you can't afford to comfortably lose. Always do your own research and due diligence before placing a trade

ICO ICO Analysis: LALA World Published 4 months ago on December 8, 2017 By Sam Bourgi Although greater progress has been made toward expanding financial inclusion, the majority of the worlds population still lacks access to a bank account. According to the World Bank, roughly 51% of the worlds adult population had no bank account in 2014. Thats down significantly from 62% in 2011, but still leaves 2 billion adults with no access to financial products and services. // -- Discuss and ask questions in our community on Workplace. Unbanked populations represent one of the biggest opportunities for financial institutions. The growth and widespread adoption of mobile devices has opened many doors for financial inclusion. Large swathes of the unbanked and underbanked want to achieve financial inclusion, but only if it makes sense for them. According to Accenture, there are three value propositions these populations need to enter institutional finance: Easy access: alternative distribution methods to physical banking infrastructure will go a long way to attracting the unbanked. Thats where mobile comes in. The right products: Financial products and services must be designed specifically to cater to the needs of emerging markets. Attractive to use: Services must address the dormant tendencies of low-income consumers. It is against this backdrop that we evaluate LALA World, the blockchain company that seeks to use innovative technology to help unbanked populations achieve financial inclusion. The company has identified this as a $380 billion opportunity by the year 2020, so theres plenty on the line. To achieve its goals, LALA is developing an ecosystem centered on the following concepts: // -- Become a yearly Platinum Member and save 69 USD and get access to our secret group on Workplace. Click here to change your current membership -- // No regulation Instant settlement No branches Digital payments Low costs and fees When we evaluation these markers against the points set out by Accenture, we see a lot of promise. The companys whitepaper lays out this ecosystem using the following diagram: When it comes to the unbanked, much of the solution that LALA is offering will be based on the forthcoming wallet service, which includes money transfer, crypto and fiat exchange, bill payment and lending services. Token The company is launching an Ethereum-based token that will be the catalyst for the entire LALA ecosystem, which is itself backed by the LALA wallet platform. This single interface aims to connect the unbanked population with several development initiatives that extend far beyond the financial system. This includes employment, digital identification, government partnerships and health. This concept is further elaborated in the whitepaper: LALA World (LALA) is a wholesome ecosystem for the unbanked, starting with the migrants and their families back home. The ecosystem not only revolves around financial inclusion, but also bringing together communities at grassroots level, solving real life issues faced by this population and using the most advanced technology to bring everyone together. Although the company is leaning heavily on the ERC20 protocol, it is also looking at ERC223 and may one day launch its own blockchain. No definitive steps have been laid out in the whitepaper. Purchasers of the first 125 million LALA tokens are eligible to receive a loyalty bonus on their initial investment. This bonus is as high as 25% for the first 25 million tokens. Team LALAs team is headed by founder Sankalp Shangari, an ex-banker who has had stops at Deutsche Bank and J.P. Morgan Chase. He appears to have a solid track record dealing with government, banks and other financial institutions. This sort of preparation is needed for a project of this nature. Shangari has four other core team members spanning revenue, technical, partnership and AVP technology domains. The advisory team is even bigger, and consists of blockchain experts from around the world. This may offset the lack of demonstrable blockchain experience at the main organizational level. Verdict LALA is a highly ambitious project that seeks to go beyond bringing the unbanked online. It aims to revolutionize the way people, businesses and entrepreneurs transact, make payments and borrow money. The ICO has a solid profile, but may run into implementation risks as the size and scope of the project expands. Risks Naturally, one of the biggest risks for this project is competition from the major financial institutions. Big banks have been eyeing the unbanked for quite some time, and are beginning to mobilize efforts to serve this massive market. This partly explains the huge uptake in bank enrollments in emerging markets in recent years. Investors are reminded that, although the unbanked population is huge, it has declined significantly as a percentage. That being said, big banks may be challenged servicing the poor given the undocumented nature of these populations. Although many banks are making inroads into blockchain, they still lag considerably behind in implementation.-2 For a project of this magnitude, implementation is a huge undertaking. LALA is pretty much looking to transform emerging markets with its platform. With a highly ambitious roadmap in place, investors need to consider implementation challenges building a platform that meets its lofty objectives.-2 Although the core team is solid, we would have liked to see more blockchain experience at the top. This isnt a huge risk given the blockchain expertise retained in the advisory role. That being said, this takes away slightly from the overall score.-0.5 Growth Potential The company has a clear roadmap for implementation, including the launch of LALA 1.0 in April 2018. This will form the basis of the tokens mass adoption. The platform will be launched in ten countries initially.+3 LALA already boasts strong partnerships with government, industry and community organizations, putting it one step closer to implementing its vision.+3 LALA is offering an entire ecosystem of financial products and services. The more we look at it, the more it seems like an identity verification system for people in emerging markets. Each of the seven products outlined in the whitepaper has a clear business model with a definitive revenue stream. In other words, you know exactly how this company intends to generate revenue.+4 In addition to early participation incentives, the ICO seeks to add value for long-term investors. Rewards, discounts, referral programs and voting rights are all part of the LALA investment opportunity.+2 Disposition When it comes to ICOs, LALA World is as solid as they come. A clearly defined business strategy aimed at a good cause should generate plenty of interest once the ICO launches in the new year. The author feels that a score of 7.5out of 10is warranted. This figure could easily rise should LALA convince local populations to adopt its services. To be perfectly frank, there is nothing wrong with the token raise it merely has a big vision that will take a lot of work to actualize. It also faces stiff competition from traditional finance. Investment Details Type: Crowdsale Symbol: LALA Token Sale: Jan. 5, 2018 Feb. 5, 2018 Platform: Ethereum Total Amount to Sell: 150,000 ETH worth of LALA Payment Types: ETH, BTC, LTC *12/27/2017: Our review of LALA World has been updated to reflect the advisory teams blockchain qualifications as well as the challenges traditional financial institutions face servicing the poor. As a result, the original score of 6.5 has been upgraded to 7.5. Featured image courtesy of Shutterstock. Important: Never invest (trade with) money you can't afford to comfortably lose. Always do your own research and due diligence before placing a trade. Read our Terms & Conditions here. Trade recommendations and analysis are written by our analysts which might have different opinions. Read my 6 Golden Steps to Financial Freedom here. Best regards, Jonas Borchgrevink. Rate this post: Important for improving the service. Please add a comment in the comment field below explaining what you rated and why you gave it that rate. Failed Trade Recommendations should not be rated as that is considered a failure either way. (0 votes, average: 0.00 out of 5)You need to be a registered member to rate this. Loading... Sam Bourgi 4.5 stars on average, based on 338 rated postsSam Bourgi is Chief Editor to Hacked.com, where he specializes in cryptocurrency, economics and the broader financial markets. Sam has nearly eight years of progressive experience as an analyst, writer and financial market commentator where he has contributed to the world's foremost newscasts. Follow @HackedCom Feedback or Requests? Related Topics:initial coin offeringlalatoken raiseunbanked Up Next ICO Analysis: CanYa Don't Miss ICO Analysis: LiveTree You may like ICO Analysis: Ambit Mining ICO Analysis: CoinJanitor ICO Analysis: ImmVRse ICO Analysis: Momentum ICO Analysis: Eligma ICO Analysis: NeuroChain (NCC) Click to comment You must be logged in to post a comment Login Leave a Reply Cancel replyYou must be logged in to post a comment. ICO ICO Analysis: Ambit Mining Published 8 hours ago on April 21, 2018 By Ross Peili By 2017, cryptocurrencies reached their mainstreampeak, where people like Alan Greenspan and Microsofts Bill Gates were talking about the possible value in this new digital asset class. // -- Discuss and ask questions in our community on Workplace. The current state of blockchain technology has already proven itself more than just worthy, improving the lives of many people and legal entities in various ways. However, blockchain-powered platforms require an enormous amount of computing power to run smoothly. One of the most important gears of the current blockchain-factory is the concept of mining cryptocurrencies, or in a nutshell, lending your computing power and resources in order to provide the blockchain the power it needs to perform the transactions set within the network, in exchange for a portion of the transaction. While mining is necessary for most of the current blockchain systems, it is also a pain in the ass for various reasons, including // -- Become a yearly Platinum Member and save 69 USD and get access to our secret group on Workplace. Click here to change your current membership -- // Mining has extremely high-energy costs The noiseand heat generated by the machinery could be really disturbing Requires a lot of physical space Requires expensive hi-tech ventilation/air-conditioning systems Requires 24/7 personnel to monitor the plant That is why, over time, mining ended up being extremely difficult and concentrated in a few hands. Most mining companies disappearedor merged with similar companies and those who take mining seriously even started to move to countries with low taxes and low electricity fees. For some countries, mining feels are very low. Take Georgia, for example, where the average rental price per a square meter is not more than a couple dollars. The price per KWhis not more than $0.05, in opposition to the average European KWh price that is currently around $0.20. Ambit Mining is a Georgian-based start-up that has been taking advantage of these features for some time now. The company operates its own mining plant, powered by major industrial titans like Schneider Electrics, AMD, NVidia, Cisco and Kingston. Ambit Mining is constantly evolving and are now launching their own ICO to power an ecosystem of investors and developers under the Ambit Mining roof. The Georgian company not only is one of the most promising, according to their latest transparency release, but they have ties to governmental institutions in Georgia, understanding both local and international markets with a solid and modern business plan. Unlike most mining plants with a business model, that rent you specific hash power, Ambit Mining gives you the opportunity to be part of the business model by releasing 85% of their total token supply to the public. Ambit Mining uses both ASICs and GPUs to diversify risks. They have a modern plant and they keep expanding. Ambit Mining unites mining, cloud, and hosting services into one decentralized platform, guided by the community shareholders. The company is part of the economic free zone of Tbilisi, capital of Georgia and they have an interesting and transparent history when it comes to mining. Their latest project achieved 100% ROI in just five months. Token The AMBT token is Ambit Mining ecosystems native currency. It can be used to purchase mining contracts, computing power, or even cloud space. Each token has a value that can be translated as a vote on significant community events and updates. At the same time, naturally, you can swap your AMBT for ETH, or any other major cryptocurrency and find shelter in fiat or other altcoins. The total token supply is set to 104,000,000 AMBT, 85% of which (88,000,000) will be accessible during the public sales. Ambit Mining, unlike most ICOs, will require only 3% to be reserved for the company, while 9% is distributed to team and advisers, and the final 3% will be given to bounty participants. The starting price of an AMBT token is approximately set around $0.5 per unit, which is ultra cheap, if you consider that projects with a similar total supply cost between $10 and $200 at the moment, with Ethereum (~99 million total supply) being the most expensive per unit at $585 US dollars. Team Beka Vashakidze (Founder & CEO) is the CEO of BF group holding Company operating on mining in Georgia. He is involved in numerous different industries including Fintech, Digital Media, oil and gas among others. Giorgi Inashvili (Chief Operational Officer) is behind numerous projects around marketing, sales, and logistics areas. He is talented in business planning and project management. George Khmaladze (Chief Financial Officer) is currently a professor and lecturer at Georgian Technical University. He is an important figure in Georgia, having served director and chairman in various organizations in his country. In the board of advisers, we can find Karan Khemani, CEO of Spectre, Miguel Palencia, Chief Information Officer at Qtum Foundation and Andri Matiukhin, Chief Technical Director at Hacken among others. Overall, the Ambit team consists of professionals with years of experience in the mining scene. A big portion of the initial team is native Georgian, acknowledging the benefits of the grounds they live in. Verdict Mining is a crucial part of most blockchain-based technology companies. The more companies adopting distributed ledger technology, the more mining will be required. Ambit offers its services as a solution to this problem, with specified facilities and reduced mining costs. Indeed, Ambit has favorable synergies that could be very beneficial for someone looking at mining seriously. Within its years of operation, Ambit has managed already to create a 1 MW diversified mining facility in Tbilisi where its based. This facility has managed to achieve 100% ROI in five months. This indicates that the operation is up and running, proving it can grow, provided that the terminals are put into place and running. Having the whole of the investment concentrated on one spot means that the service team will be able to respond very fast in case something goes wrong. Ambit plans to grow its operation to 20 MW through this project, having mining enthusiasts on their side and the support of the high-end technology manufacturers affiliatedwith the company. While mining is very important for most blockchain-platforms, there is a new wave of decentralized distributed ledgers that have a pre-established number of tokens, pre-mined and they use variations of the PoW protocol, eliminating the need for miners. Risks From an investors perspective, the following facts are important to consider when weighing Ambit Mining: While Georgia may be friendly to mining at the moment, it still is a very expensive and energy-consuming sport that might be changed or even faded away in the future. -1.5 Mining nowadays is not as easy and profiting as it was during the golden days of the blockchain. Major mining companies have already established plants that work for years, having a standard client database. Ambit Mining will have to work hard to attract new investors into their network. Even with the lowest prices of the market, that is a challenge. -2 In general, mining facilities are extremely vulnerable to natural disasters, and that does not exclude Ambit Mining from the list. For an example, an earthquake can be devastating for the company itself as the whole operation is relying on a single geo-location. -1 Ambit Minings native token, AMBT, does not offer anything out of the box, as there are infinite options already doing what AMBT is created to do. -2.5 Growth Opportunity On the other hand, if considered seriously and programmed with technical craftsmanship, mining can be still one of the most profiting sub-sectors of blockchain technology. Ambit Mining seems to understand the specific market well with a series of transparency reports backing this fact. +2.5 Finding cheap operational fees in the sector is not a walk in the park. Whether Ambit Mining has chosen Georgia as their base due to the fact that it is their home country or the fact that it has cheap taxes, and electricity fees, it is one of their best key points for the moment. +3 Unlike most mining plants that are decentrally centralized, keeping almost half of the total token supply for the company, Ambit Mining is in position to share 85% of the total token supply with the community. +4 $0.5 per AMBT or any other token with a logical total token supply is more than just fair and it could bring an easy x4 to x5 just after the token enters the mainstream markets. +2.5 Disposition Ambit Mining could be a profitable model for ICO investors or even blockchain investors, but we should consider the fact that mining will have to eventually upscale its model into a less consuming, energy-efficient platform. The company, as well as the team, look really promising and wise on the sector, although relying your whole business plan on a single country, on a single location could lead to unpleasant surprises in the future. A score of5out of 10is reserved for Ambit Mining, based on present facts. Investment Details Type: Crowdsale Symbol: AMBT Platform: Ethereum Pre-Sale: Apr. 20, 2018 Public Sale: May 10, 2018 PaymentsAccepted:ETH, BTC (KYC Required) Official Website White Paper Disclaimer: The writer has no position in Ambit Mining at the time of writing. Featured image courtesy of Shutterstock. Important: Never invest (trade with) money you can't afford to comfortably lose. Always do your own research and due diligence before placing a trade. Read our Terms & Conditions here. Trade recommendations and analysis are written by our analysts which might have different opinions. Read my 6 Golden Steps to Financial Freedom here. Best regards, Jonas Borchgrevink. Rate this post: Important for improving the service. Please add a comment in the comment field below explaining what you rated and why you gave it that rate. Failed Trade Recommendations should not be rated as that is considered a failure either way. (0 votes, average: 0.00 out of 5)You need to be a registered member to rate this. Loading... Ross Peili 3.1 stars on average, based on 7 rated posts Follow @HackedCom Feedback or Requests? Continue Reading ICO ICO Analysis: CoinJanitor Published 17 hours ago on April 21, 2018 By noahsayres There are more than 4,500 crypto assets of some sort in circulation. // -- Discuss and ask questions in our community on Workplace. Yet many of them are functionally dead. This is problematic for both the owners of these dead tokens and the cryptocurrency markets at large. For the owners of the dead coins, the issue is that they cannot recover the value locked in either a token and/or network that doesnt allow them to trade for anything else. Meanwhile, cryptocurrency markets themselves suffer from the dilution of capital, resources and reputation issues due to the sheer number of unusable coins. // -- Become a yearly Platinum Member and save 69 USD and get access to our secret group on Workplace. Click here to change your current membership -- // CoinJanitor aims to solve these issues by taking over failed projects and exchanging the associated failed tokens with that of its native Janitor token (JAN). Their plan is to burn all failed project tokens they receive. Through this approach, they posit that value will be restored to individual users who can then sell or trade their CoinJanitor tokens for other cryptocurrencies. An additional benefit will also come to the community via the recycling of codebases and project assets. The project is premised on the belief that by reducing resource dilution in the overall cryptocurrency market, CoinJanitor will contribute to the network effect of truly functional coins, more effectively leverage fragmented communities, and implement mechanisms for the recycling of spent resources back into future projects. As a result of this valuable market service, CoinJanitor proposes that it will also benefit from its own network effect and create a highly engaged, loyal community of coin holders working towards the improvement of utility and value in the crypto economy. Token According to their own whitepaper, CoinJanitor tokens will be a deflationary asset with an increasing community and reach, which should push prices up and give us more comfortable terms to buy out subsequent failed projects. Therefore, users of the first projects that we buy out will enjoy a double benefit. They will receive relatively more CoinJanitor tokens for their locked value, and as CoinJanitor proceeds to buy out the next projects, the value and the price of the CoinJanitor tokens they hold, should increase accordingly. The hope for CoinJanitor is that this economic incentive will create enough interest to speed up the achievement of their stated goal of buying out 3 dead or failed coins within the first 2 months of operations. From that point forward, they believe the pace should accelerate since they would be able to prove the viability of the project, gather more users under the CoinJanitor umbrella, and generate more demand from dead or failed coin holders. In theory this is a coin whose very business model and inherent token economics should lead to exponential growth for long-term holders if implemented correctly. There will be a total of 100,000,000 JAN tokens generated in the ICO.Token distribution is as follows: 50% of all tokens will be sold in the open market to fund the project and all operations. 30% of the coins will be held by the CoinJanitor project to buy out dead or failed coins. According to the whitepaper, CoinJanitor will only use the tokens it issued to buy dead coin holders out. 5% CoinJanitor Partners 5% Bounty Program 10% Founders, Team and Future Employees Their whitepaper states that all CoinJanitor tokens not sold during the public sale will be airdropped proportionally to contributors. This airdrop will importantly EXCLUDE CoinJanitor team members and the CoinJanitor reserve. Team This appears to be a highly qualified team. CEO: Marc Kenigsberg Marc has been involved in Bitcoin since 2013 and has 18 years experience in online marketing. He was one of the worlds largest cryptocurrency affiliates and the founder of BlockSmarter and Bitcoin Chaser. Marc is one of the worlds leading ICO advisors and works with various ICOs and blockchain businesses. He is a regular speaker at conferences around the world and a contributor to leading industry publications. CTO: Asaf Yosifov Head of Innovation at Titanium Technologies, a leading R&D, and Innovation company. Asaf has 16 years of experience developing software and leading R&D teams in industries such as education, gaming, telecom, finance

ICO ICO Analysis: OriginTrail Published 4 months ago on December 26, 2017 By Joshua Larson Blockchain technology is on the verge of completely changing how supply chain management works. Currently, supply chain data is fragmented and hidden. There is a limited ability to share it across the entire supply chain. // -- Discuss and ask questions in our community on Workplace. New startup OriginTrail is a protocol solution that will allow IT providers to set all their information on the blockchain to be easily analyzed and shared. The protocol allows for the exchange of different data sets between multi-organization supply chains no matter its complexity while ensuring the datas quality and integrity. This will allow for tracking and transparency beyond anything yet seen, preventing fraudulent behavior, cutting costs, and saving time. Employing the capacity of fast-growing blockchain networks, OriginTrail will bring decentralization, interoperability, data and information integrity and trust to supply chains.Contribution to OriginTrail ecosystem is a pledge towards more transparent, collaborative, fair and trusted supply chains The OriginTrail Protocol is currently in pilot programs in Europe and China. The results of these pilot programs will be shared in forthcoming documents. According to the whitepaper, and limited outside research by the author, OriginTrail will be the first blockchain solution on the market that provides the functionalities of storing, processing and interacting with highly interconnected data that is inherent to the supply chain. // -- Become a yearly Platinum Member and save 69 USD and get access to our secret group on Workplace. Click here to change your current membership -- // The Token TRAC token is what allows the entire OriginTrail ecosystem to run. The system consists of a network of machines (nodes) that are all running OriginTrail full software clients. The Trace token is the means of compensation between supply chain data producers and data consumers on one side, and the OriginTrail node holders on the other. It provides the incentive to the nodes in the peer to peer network to perform the system functionality. The current version of OriginTrail utilizes Ethereum blockchain to provide proof of concept; however, the fully developed solution will provide interfaces to many different blockchains. Masternodes will be in play with this project. There is no answer yet as to how many tokens it will take to run a masternode. The Team The OriginTrail team looks solid with very intelligent leaders. They team has a history of working together, and are actively recruiting new talent. This includes the recent acquisition of a strong marketing team. The company recently won a Walmart Food Safety Innovation Spark Award in Bejing, beating out 12 other teams. All this despite not having a partnership agreement with the retailing giant. The Verdict It was a breath of fresh air to review this project. The team seems extremely professional and capable. Protocols are hot. This is a unique project, with several use cases. Risks Its hard for the author to come up with risks, because he believes most of them lie within the technology side of this project, and he is no expert in this field. There are ODN layers, and 2 types of nodes. It seems very complicated, and as OriginTrail said themselves, nothing like this has been built before. In other words, the project could fail. Check out the whitepaper herefor more information. -2 Possible system attacks- They go into great detail about how their complex node system is susceptible to a variety of different attacks. They explain in great detail how they plan to prevent these attacks, but it does remain a risk -2 This distribution of the 250 million tokens they are selling is concerning. 18% goes to the founders/pre-ICO contributors. The pre token offer is a red flag, as it could mean serious early dumpage on the exchanges. I took to the Telegram chat to ask about this, and their rep replied, These are individuals who were financially and timewise part of the project from the very beginning. For their contribution, they receive a share of the tokens. There was no pre-ICO, all the funds raised are intended for financing the development of the protocol already during the token sale and for the token sale itself. Vesting is included. -4 Growth Potential OriginTrail is a type of ecosystem, its not just a company. Its a token based economy with direct relations between users and network nodes, eliminating arbitrary fees. The system must have a large community of users to get stable. luckily they offer masternodes, which investors love. +4 The following use cases for OriginTrail are outlined in the whitepaper: product authentication, product journey visibility, product recall efficiency, product freshness for perishables, chain of custody with accountability, CSR activities support, supply chain mapping and optimization, inventory management, alert systems (exception management), supply chain compliance assurance, customs, audit and regulations process optimization, and any other supply chain application that requires transparent supply chain as a starting point +3 Reading their whitepaper, its clear these guys have thought this through. One thing that stood out is how adaptive they will be to future technologies. Basically, they are trying to allow any company/blockchain to integrate their particular blockchain onto OriginTrail. +3 Masternodes are all the rage these days. Any coin with a node is getting pumped. This is a legitimate project, with many use cases, offering masternodes. +5 (They have not shared how many tokens are needed to run a node yet.) +2 They have a really strict KYC process that anybody trying to get into the crowdsale will have to go through. This is very good for the price action when this first hits exchanges. All the people from China, and the U.S. that arent able to get in will have to acquire it post ICO.+2.5 Disposition The author scores this very high, while admitting to being ignorant of the technology. So please look into it for yourselves, but hurry and sign up for the whitelist before you do, because it will fill up fast. 6.5 out of 10. Investment Details Symbol: TRAC Total Supply: 500 million Supply for Sale: 250 million Presale: Jan. 15 28, 201 (strict KYC whitelist) Crowdsale: Jan. 29 Feb. 12, 2018 Hard Cap: $22.5 million Price: $0.10 Featured image courtesy of Shutterstock. Important: Never invest (trade with) money you can't afford to comfortably lose. Always do your own research and due diligence before placing a trade. Read our Terms & Conditions here. Trade recommendations and analysis are written by our analysts which might have different opinions. Read my 6 Golden Steps to Financial Freedom here. Best regards, Jonas Borchgrevink. Rate this post: Important for improving the service. Please add a comment in the comment field below explaining what you rated and why you gave it that rate. Failed Trade Recommendations should not be rated as that is considered a failure either way. (2 votes, average: 5.00 out of 5)You need to be a registered member to rate this. Loading... Joshua Larson 4.1 stars on average, based on 9 rated postsJoshua Larson is also known as the "Bullshit Man" for his ability to spot it a mile away. Avid ICO researcher and contributor. Former professional poker player/backer. Spent 10 years analyzing hand history, stats, and player data. Discovered blockchain in late 2016, and never looked back. He now uses his analysis skills to investigate ICOs full time. What a perfect match, because in today's crazy world of ICOs, information, passion, and diligence = dollar bills! Follow @HackedCom Feedback or Requests? Related Topics:initial coin offeringtoken saletrac Up Next ICO Analysis: ONZ Coin Don't Miss ICO Analysis: Bluzelle You may like ICO Analysis: Ambit Mining ICO Analysis: CoinJanitor ICO Analysis: ImmVRse ICO Analysis: Momentum ICO Analysis: Eligma ICO Analysis: NeuroChain (NCC) Click to comment You must be logged in to post a comment Login Leave a Reply Cancel replyYou must be logged in to post a comment. ICO ICO Analysis: Ambit Mining Published 13 hours ago on April 21, 2018 By Ross Peili By 2017, cryptocurrencies reached their mainstreampeak, where people like Alan Greenspan and Microsofts Bill Gates were talking about the possible value in this new digital asset class. // -- Discuss and ask questions in our community on Workplace. The current state of blockchain technology has already proven itself more than just worthy, improving the lives of many people and legal entities in various ways. However, blockchain-powered platforms require an enormous amount of computing power to run smoothly. One of the most important gears of the current blockchain-factory is the concept of mining cryptocurrencies, or in a nutshell, lending your computing power and resources in order to provide the blockchain the power it needs to perform the transactions set within the network, in exchange for a portion of the transaction. While mining is necessary for most of the current blockchain systems, it is also a pain in the ass for various reasons, including // -- Become a yearly Platinum Member and save 69 USD and get access to our secret group on Workplace. Click here to change your current membership -- // Mining has extremely high-energy costs The noiseand heat generated by the machinery could be really disturbing Requires a lot of physical space Requires expensive hi-tech ventilation/air-conditioning systems Requires 24/7 personnel to monitor the plant That is why, over time, mining ended up being extremely difficult and concentrated in a few hands. Most mining companies disappearedor merged with similar companies and those who take mining seriously even started to move to countries with low taxes and low electricity fees. For some countries, mining feels are very low. Take Georgia, for example, where the average rental price per a square meter is not more than a couple dollars. The price per KWhis not more than $0.05, in opposition to the average European KWh price that is currently around $0.20. Ambit Mining is a Georgian-based start-up that has been taking advantage of these features for some time now. The company operates its own mining plant, powered by major industrial titans like Schneider Electrics, AMD, NVidia, Cisco and Kingston. Ambit Mining is constantly evolving and are now launching their own ICO to power an ecosystem of investors and developers under the Ambit Mining roof. The Georgian company not only is one of the most promising, according to their latest transparency release, but they have ties to governmental institutions in Georgia, understanding both local and international markets with a solid and modern business plan. Unlike most mining plants with a business model, that rent you specific hash power, Ambit Mining gives you the opportunity to be part of the business model by releasing 85% of their total token supply to the public. Ambit Mining uses both ASICs and GPUs to diversify risks. They have a modern plant and they keep expanding. Ambit Mining unites mining, cloud, and hosting services into one decentralized platform, guided by the community shareholders. The company is part of the economic free zone of Tbilisi, capital of Georgia and they have an interesting and transparent history when it comes to mining. Their latest project achieved 100% ROI in just five months. Token The AMBT token is Ambit Mining ecosystems native currency. It can be used to purchase mining contracts, computing power, or even cloud space. Each token has a value that can be translated as a vote on significant community events and updates. At the same time, naturally, you can swap your AMBT for ETH, or any other major cryptocurrency and find shelter in fiat or other altcoins. The total token supply is set to 104,000,000 AMBT, 85% of which (88,000,000) will be accessible during the public sales. Ambit Mining, unlike most ICOs, will require only 3% to be reserved for the company, while 9% is distributed to team and advisers, and the final 3% will be given to bounty participants. The starting price of an AMBT token is approximately set around $0.5 per unit, which is ultra cheap, if you consider that projects with a similar total supply cost between $10 and $200 at the moment, with Ethereum (~99 million total supply) being the most expensive per unit at $585 US dollars. Team Beka Vashakidze (Founder & CEO) is the CEO of BF group holding Company operating on mining in Georgia. He is involved in numerous different industries including Fintech, Digital Media, oil and gas among others. Giorgi Inashvili (Chief Operational Officer) is behind numerous projects around marketing, sales, and logistics areas. He is talented in business planning and project management. George Khmaladze (Chief Financial Officer) is currently a professor and lecturer at Georgian Technical University. He is an important figure in Georgia, having served director and chairman in various organizations in his country. In the board of advisers, we can find Karan Khemani, CEO of Spectre, Miguel Palencia, Chief Information Officer at Qtum Foundation and Andri Matiukhin, Chief Technical Director at Hacken among others. Overall, the Ambit team consists of professionals with years of experience in the mining scene. A big portion of the initial team is native Georgian, acknowledging the benefits of the grounds they live in. Verdict Mining is a crucial part of most blockchain-based technology companies. The more companies adopting distributed ledger technology, the more mining will be required. Ambit offers its services as a solution to this problem, with specified facilities and reduced mining costs. Indeed, Ambit has favorable synergies that could be very beneficial for someone looking at mining seriously. Within its years of operation, Ambit has managed already to create a 1 MW diversified mining facility in Tbilisi where its based. This facility has managed to achieve 100% ROI in five months. This indicates that the operation is up and running, proving it can grow, provided that the terminals are put into place and running. Having the whole of the investment concentrated on one spot means that the service team will be able to respond very fast in case something goes wrong. Ambit plans to grow its operation to 20 MW through this project, having mining enthusiasts on their side and the support of the high-end technology manufacturers affiliatedwith the company. While mining is very important for most blockchain-platforms, there is a new wave of decentralized distributed ledgers that have a pre-established number of tokens, pre-mined and they use variations of the PoW protocol, eliminating the need for miners. Risks From an investors perspective, the following facts are important to consider when weighing Ambit Mining: While Georgia may be friendly to mining at the moment, it still is a very expensive and energy-consuming sport that might be changed or even faded away in the future. -1.5 Mining nowadays is not as easy and profiting as it was during the golden days of the blockchain. Major mining companies have already established plants that work for years, having a standard client database. Ambit Mining will have to work hard to attract new investors into their network. Even with the lowest prices of the market, that is a challenge. -2 In general, mining facilities are extremely vulnerable to natural disasters, and that does not exclude Ambit Mining from the list. For an example, an earthquake can be devastating for the company itself as the whole operation is relying on a single geo-location. -1 Ambit Minings native token, AMBT, does not offer anything out of the box, as there are infinite options already doing what AMBT is created to do. -2.5 Growth Opportunity On the other hand, if considered seriously and programmed with technical craftsmanship, mining can be still one of the most profiting sub-sectors of blockchain technology. Ambit Mining seems to understand the specific market well with a series of transparency reports backing this fact. +2.5 Finding cheap operational fees in the sector is not a walk in the park. Whether Ambit Mining has chosen Georgia as their base due to the fact that it is their home country or the fact that it has cheap taxes, and electricity fees, it is one of their best key points for the moment. +3 Unlike most mining plants that are decentrally centralized, keeping almost half of the total token supply for the company, Ambit Mining is in position to share 85% of the total token supply with the community. +4 $0.5 per AMBT or any other token with a logical total token supply is more than just fair and it could bring an easy x4 to x5 just after the token enters the mainstream markets. +2.5 Disposition Ambit Mining could be a profitable model for ICO investors or even blockchain investors, but we should consider the fact that mining will have to eventually upscale its model into a less consuming, energy-efficient platform. The company, as well as the team, look really promising and wise on the sector, although relying your whole business plan on a single country, on a single location could lead to unpleasant surprises in the future. A score of5out of 10is reserved for Ambit Mining, based on present facts. Investment Details Type: Crowdsale Symbol: AMBT Platform: Ethereum Pre-Sale: Apr. 20, 2018 Public Sale: May 10, 2018 PaymentsAccepted:ETH, BTC (KYC Required) Official Website White Paper Disclaimer: The writer has no position in Ambit Mining at the time of writing. Featured image courtesy of Shutterstock. Important: Never invest (trade with) money you can't afford to comfortably lose. Always do your own research and due diligence before placing a trade. Read our Terms & Conditions here. Trade recommendations and analysis are written by our analysts which might have different opinions. Read my 6 Golden Steps to Financial Freedom here. Best regards, Jonas Borchgrevink. Rate this post: Important for improving the service. Please add a comment in the comment field below explaining what you rated and why you gave it that rate. Failed Trade Recommendations should not be rated as that is considered a failure either way. (0 votes, average: 0.00 out of 5)You need to be a registered member to rate this. Loading... Ross Peili 3.1 stars on average, based on 7 rated posts Follow @HackedCom Feedback or Requests? Continue Reading ICO ICO Analysis: CoinJanitor Published 23 hours ago on April 21, 2018 By noahsayres There are more than 4,500 crypto assets of some sort in circulation. // -- Discuss and ask questions in our community on Workplace. Yet many of them are functionally dead. This is problematic for both the owners of these dead tokens and the cryptocurrency markets at large. For the owners of the dead coins, the issue is that they cannot recover the value locked in either a token and/or network that doesnt allow them to trade for anything else. Meanwhile, cryptocurrency markets themselves suffer from the dilution of capital, resources and reputation issues due to the sheer number of unusable coins. // -- Become a yearly Platinum Member and save 69 USD and get access to our secret group on Workplace. Click here to change your current membership -- // CoinJanitor aims to solve these issues by taking over failed projects and exchanging the associated failed tokens with that of its native Janitor token (JAN). Their plan is to burn all failed project tokens they receive. Through this approach, they posit that value will be restored to individual users who can then sell or trade their CoinJanitor tokens for other cryptocurrencies. An additional benefit will also come to the community via the recycling of codebases and project assets. The project is premised on the belief that by reducing resource dilution in the overall cryptocurrency market, CoinJanitor will contribute to the network effect of truly functional coins, more effectively leverage fragmented communities, and implement mechanisms for the recycling of spent resources back into future projects. As a result of this valuable market service, CoinJanitor proposes that it will also benefit from its own network effect and create a highly engaged, loyal community of coin holders working towards the improvement of utility and value in the crypto economy. Token According to their own whitepaper, CoinJanitor tokens will be a deflationary asset with an increasing community and reach, which should push prices up and give us more comfortable terms to buy out subsequent failed projects. Therefore, users of the first projects that we buy out will enjoy a double benefit. They will receive relatively more CoinJanitor tokens for their locked value, and as CoinJanitor proceeds to buy out the next projects, the value and the price of the CoinJanitor tokens they hold, should increase accordingly. The hope for CoinJanitor is that this economic incentive will create enough interest to speed up the achievement of their stated goal of buying out 3 dead or failed coins within the first 2 months of operations. From that point forward, they believe the pace should accelerate since they would be able to prove the viability of the project, gather more users under the CoinJanitor umbrella, and generate more demand from dead or failed coin holders. In theory this is a coin whose very business model and inherent token economics should lead to exponential growth for long-term holders if implemented correctly. There will be a total of 100,000,000 JAN tokens generated in the ICO.Token distribution is as follows: 50% of all tokens will be sold in the open market to fund the project and all operations. 30% of the coins will be held by the CoinJanitor project to buy out dead or failed coins. According to the whitepaper, CoinJanitor will only use the tokens it issued to buy dead coin holders out. 5% CoinJanitor Partners 5% Bounty Program 10% Founders, Team and Future Employees Their whitepaper states that all CoinJanitor tokens not sold during the public sale will be airdropped proportionally to contributors. This airdrop will importantly EXCLUDE CoinJanitor team members and the CoinJanitor reserve. Team This appears to be a highly qualified team. CEO: Marc Kenigsberg Marc has been involved in Bitcoin since 2013 and has 18 years experience in online marketing. He was one of the worlds largest cryptocurrency affiliates and the founder of BlockSmarter and Bitcoin Chaser. Marc is one of the worlds leading ICO advisors and works with various ICOs and blockchain businesses. He is a regular speaker at conferences around the world and a contributor to leading industry publications. CTO: Asaf Yosifov Head of Innovation at Titanium Technologies, a leading R&D, and Innovation company. Asaf has 16 years of experience developing software and leading R&D teams in industries such as education, gaming, telecom, finance, and travel. Biz Dev: Tzahi Kanza CEO of Titanium Technologies, a leading R&D, and Innovation company. Tzahi has 17 years of experience managing global companies. He is an expert in start-up management, Blockchain, strategic planning and international business activity. CMO: Tzvi Shishler CEO of 4KingMedia, a leading Crypto Media company. Tzvi has extensive marketing experience in the disruptive online space and has been involved in Bitcoin and Crypto marketing from the beginning. CIO: Theo Morgan-Somers CEO of CryptoBuild, a financial technology company producing trading platforms for cryptocurrency. Theo has a marketing background but moved into investment and information analysis for DLT in 2015. Steven Gleiser, Economic Architect Steven first came across Bitcoin in 2013, looking at hedging opportunities in forex. He has been studying Bitcoin and other cryptocurrencies ever since, moving into the field as an analyst on a full-time basis 2 and a half years ago. Verdict In the eyes of this analyst

ICO ICO Analysis: Lendoit Published 4 months ago on December 10, 2017 By Joshua Larson Lendoit is a next-generation peer to peer decentralized lending platform based on Ethereum, which connects lenders and borrowers all over the world using the advantages of smart contracts. // -- Discuss and ask questions in our community on Workplace. The Lendoit platform provides professional scoring and verification, APIS for each country, a loan marketplace where lenders set rates on loan applications, a default market where failed loans can be traded, syndicated loans, and the ability to sell a loan to another lender if needed. Lendoit will be the only lending platform on the market that does not take collaterals. The company believes that, in a world of crypto micro-loans, managing collaterals is not sensible. In their view, this is like lending USD by using EUR as collateral. Because there are no collaterals, the Lendoit platform combines four methods to mitigate the chances of lenders losing money: Smart Compensation Fund, Syndicated Loans, 3rd party scoring/verification from local companies, and a collectors market where debts can be sold. The following is a simplified guide to Lendoits loan process. // -- Become a yearly Platinum Member and save 69 USD and get access to our secret group on Workplace. Click here to change your current membership -- // The borrower applies for a loan by filling out an application. This takes about three minutes. The borrower uploads any relevant verification (i.e. government-issued photo ID) according to their particular countrys regulations. Lendoit sends the loan app and verified information to verified scoring providers to receive a score for the current loan. Lendoit will publish each smart loan contract in the blockchain and marketplace. Lenders Tender is a process of raising loans for funds requested by the borrower. The borrower can now withdraw the funds using his or her wallet. When the date to pay back the loan arrives, the borrower receives a notification. The borrower now repays the funds with interest to the smart contract. The lender withdraws his money in the same currency he loaned it. The lender receives interest in the form of LOAN tokens, the amount based on an automatic conversion algorithm put in place by the Smart Conversion Contract. The Smart Compensation Fund Contract helps lenders recover a small portion of their money, if the borrower fails to pay. The amount is not confirmed, but it seems like it will be around 20-30%. If the borrower fails to pay the interest and the loan becomes defaulted, the smart loan contract is offered to a collectors tender. The collector who wins the tender buys the debt, which minimizes the loss of funds for the lenders. Lendoit has an alpha version of its platform available here.It is not very impressive yet. The real technology (smart contracts) has yet to be created. They plan to release the beta in Q1 of 2018, and the fully operational version Q3 of 2018. The Token Symbol: LOAN Platform: Ethereum Presale: Dec. 13 December 27, 2017 (125 million for sale. 1 ETH = 13,000 LOAN). Must register for whitelist in order to contribute. Token sale: Jan. 18 Feb. 18, 2018 (475 million for sale. sale starts at 1 ETH = 12,000 LOAN) Total Supply: 1 billion Hard Cap: 50,000 Eth (currently $22 million USD) The LOAN token plays several roles. Here are a few of the most important: Lenders can use any ERC20 currency to loan, but must hold 10% of whatever amount they loan in LOAN tokens. For example, a lender wants to loan someone $1,000 ETH must hold $100 worth of LOAN in his account. Borrower must use LOAN to publish the Smart Loan Contract. All the fees charged on the platform are paid in LOANs. All the interest payments will be paid to the lenders in LOANs. This will take place automatically via the Smart Conversion Contract. The Team The company is located in Israel but incorporated in Gibraltar. The company maintains a large global team that extends far beyond its in-house operation. However, after researching the four co-founders of the company, nothing particularly striking stands out. One would have expected a more impressive track record for those launching a platform of this magnitude. Seven advisers are signed on to the project, including Richard Titus and Michael Terpin. They also have eight developers, which is fantastic, as it shows they really are trying. The team picture (above) leaves a lot to be desired, as it is not very professional. The Verdict This project has great long-term potential. Its biggest challenge is going to be whether or not it can successfully build the various forms of smart contracts it proposes to launch. There are no known smart contracts in existence that can do what Lendoit promises its contracts will be able to do. Risks The concept of not needing collateral to receive loans could be a disaster. Why would lenders want to use this platform when the possibility of getting stiffed is so high? They can just use one of Lendoits competitors to guarantee their returns. -2 The project faces legal hurdles galore. Sure, the plan is to be decentralized, which could reduce certain regulations, but the company is going to be verifying borrowers identities in great detail. I could see governments clamping down on projects such as this one if enough lenders start getting ripped off.-2 The technology required to run this platform does not exist yet. The demo/alpha provided as an example of is extremely basic. Its a strong possibility the team fails, and this never gets off the ground. -2 Growth Potential The company has several partners, including Bloom, Hive, RSK, and Wings. I tried to dig deeper into these partnerships but didnt find anything substantial. These seem to be decent projects, and LOAN can use each to grow.+2 Some of these other new lending ICOs have done pretty well so far on the markets. SALT token, for example, is extremely hyped. One of the main differences between SALT and LOAN is that SALT requires borrowers to put up collateral, while LOAN does not. One would think this would bring more borrowers to the platform +2 If they do what they claim to be able to do build these genius smart contracts they can change the lending game permanently. In this way, the sky is the limit. +4 The team has put a great deal of emphasis on development, as evidenced by the number of developers they have on board.+2 Disposition As previously stated, the most important aspect of this project is the technology. Can they build these contracts? According to the roadmap, we wont see the beta version for two or three months, and we wont be able to judge if the contracts are fully functional for at least six months. This has long-term potential, but a rocky short-term. Against this backdrop, we assign a score of4 out of 10. Token Details Learn more/sign up for whitelist here. Featured image courtesy of Shutterstock Important: Never invest (trade with) money you can't afford to comfortably lose. Always do your own research and due diligence before placing a trade. Read our Terms & Conditions here. Trade recommendations and analysis are written by our analysts which might have different opinions. Read my 6 Golden Steps to Financial Freedom here. Best regards, Jonas Borchgrevink. Rate this post: Important for improving the service. Please add a comment in the comment field below explaining what you rated and why you gave it that rate. Failed Trade Recommendations should not be rated as that is considered a failure either way. (0 votes, average: 0.00 out of 5)You need to be a registered member to rate this. Loading... Joshua Larson 4.2 stars on average, based on 9 rated postsJoshua Larson is also known as the "Bullshit Man" for his ability to spot it a mile away. Avid ICO researcher and contributor. Former professional poker player/backer. Spent 10 years analyzing hand history, stats, and player data. Discovered blockchain in late 2016, and never looked back. He now uses his analysis skills to investigate ICOs full time. What a perfect match, because in today's crazy world of ICOs, information, passion, and diligence = dollar bills! Follow @HackedCom Feedback or Requests? Related Topics:initial coin offeringLOANtoken raise Up Next ICO Analysis: Gimmer Token Don't Miss ICO Analysis: CanYa You may like ICO Analysis: ImmVRse ICO Analysis: DataBroker DAO ICO Analysis: Momentum ICO Analysis: Eligma ICO Analysis: NeuroChain (NCC) ICO Analysis: Elementh Click to comment You must be logged in to post a comment Login Leave a Reply Cancel replyYou must be logged in to post a comment. ICO ICO Analysis: ImmVRse Published 4 hours ago on April 20, 2018 By Alex Moskov ImmVRse is a blockchain-based virtual reality (VR) and augmented reality (AR) video sharing and hiring platform. Similar to YouTube, the platform allows you to like, comment, and share videos with other users but also connects creators with those who need their services (e.g. brands and advertisers). The combined VR/AR market targeted by the team is projected to reach $162 billion by 2020. // -- Discuss and ask questions in our community on Workplace. VR/AR Industry Problems Because the VR/AR space is still relatively young, there are numerous roadblocks inhibiting its growth. Primarily, content creators are spread across platforms because theres no dominant space for them to publish their work. As a brand or advertiser, this makes it difficult to connect with quality video producers. Additionally, many of the companies that are dedicated to AR/VR video sharing are highly centralized and limit who they allow to use their platform. Another hindrance to the growth of this market is the difficulty to generate revenue. Several countries have strict legislation revolving around payments, especially in overseas transactions. This, in combination with the oversaturation of video on traditional platforms, prevents quality AR/VR creators from expanding. // -- Become a yearly Platinum Member and save 69 USD and get access to our secret group on Workplace. Click here to change your current membership -- // ImmVRse Solutions ImmVRse is tackling all of these problems head-on. The team is not only building a sharing platform but a community as well. They want users to interact heavily with one another to help foster a supportive AR/VR ecosystem. To prevent restrictions on membership and content, ImmVRse uses Ethereum smart contracts for the peer-to-peer aspect of the platform. The entire jobs matching process, from inquiry to publication, is decentralized without any intermediary control. As with most other platforms implementing cryptocurrency, a large function of blockchain for ImmVRse is in their payments system. Users give and receive payments using the projects ERC20 token, IMV. Additionally, normal viewers who interact with the platform are rewarded with IMV as well. This opens up the platform to people in countries with prohibitive legislation and/or limited financial infrastructure. Finally, ImmVRse provides a unique solution to the revenue problems mentioned earlier. Because its an AR/VR dedicated platform, brands and advertisers are able to easily find the AR/VR talent theyre looking to hire for content production. One thing that stands out in the revenue model, though, is that high-value creators need to pay a monthly subscription to maintain a premium status on ImmVRse. This seems odd because theyre the driving force behind the platform. However, if the leads and value they receive from keeping their status are high enough, this may be a non-issue. Token The ImmVRse team is currently preparing for their token crowdsale but have a pre-sale announcement on May 15. No other dates have been announced yet, but the whitepaper states that the token sale will last for 6 to 8 weeks. During the ICO, the team will mint a maximum supply of 300 million IMV with no additional token creation after. IMVs are ERC20 tokens, so you can use any standard ERC20 wallet to participate in the ICO. IMV tokens will cost $0.20 with discounts to early contributors and pre-ICO participants. During the pre-ICO, tokens will have a 20% discount while early contributors can receive an additional 10% discount. The IMV token distribution is more centralized than most other projects with only one-third going to crowdsale participants. The distribution is as follows: 53% ImmVRse 33% ICO participants 10% Team and advisors 4% Rewards and bounties Creating even more centralization, only 60% of the crowdsale tokens are slotted for the public crowdsale. The remaining 40% will be distributed among private investors and pre-ICO participants. The crowdsale has a hard cap of $20 million. Team The ImmVRse team is headquartered in London and led by co-founders Farabi Shayor and Limon Rahman. Shayor has two and a half years of VR production experience alongside proficiency in Solidity development. Rahman is a seasoned entrepreneur with 14 years of financial control and management experience. Together they form a yin (product) and yang (business) combination thats great to see in a founding team. Unfortunately, the rest of the team is lacking in both AR/VR and blockchain experience. Although the technologies are new, it wouldve been nice to see a few team members with related projects under their belt. On a positive note, the team has a solid advisory board that should be able to help with any gaps in their knowledge base. Verdict The ImmVRse team is building a platform to highlight AR/VR content creators and connect them with companies looking for their services. Theyre attempting to solve some of the biggest growth problems in the video space now: censorship and profitability. Although the majority of team members dont have ample experience in key areas, the co-founders and advisory board should be able to carry them through. However, with so much of the platform revolving around quality content creation, ImmVRses decision to charge content creators for premium status may end up hurting them in the long run. Risks New market. The demand for AR/VR content is still yet to be proven. Its entirely possible that the need for this type of video is still multiple years away. Remember 3D televisions? (-1) Reliance on creators. Without happy creators, the platform has no value. Charging them for a premium status is starting off on the wrong foot. (-2) Terrible token distribution. Even if the platform becomes wildly successful, ImmVRse can just release more tokens into the ecosystem to keep the price at a reasonable level. (-3) Growth Potential Emerging market. Yes, I know I put the market as a risk, but theres huge growth potential here as well. AR/VR content has a multitude of use-cases and this market could end up being gigantic. (+5) Supportive advisers. Any expertise that the team is missing is filled in by some member of their advisory board. (+3) Multiple revenue streams. Advertising, job completion fees, creator monthly subscriptions, and numerous other things theres plenty of ways for the platform to make money. (+4) Disposition ImmVRse receives a respectable 6 out of 10. The platform is highly dependent on an industry that hasnt really broken ground yet. If AR/VR adoption is still far outside of the horizon, it may be years before ImmVRse shows value too long for a young project to survive. However, an AR/VR market boom could position ImmVRse to be the next big media platform to take the world by storm. Investment Details The ImmVRse team hasnt released any important investment details, but you can stay up-to-date with their announcements here. Symbol: IMV Platform: Ethereum Public Sale Start: N/A Price: 1 IMV = $0.20 U.S. Hard Cap: $20 million Minimum Investment: $50 U.S. Payments Accepted: ETH Jurisdictions Barred from Participation: United States Featured image courtesy of Shutterstock. Important: Never invest (trade with) money you can't afford to comfortably lose. Always do your own research and due diligence before placing a trade. Read our Terms & Conditions here. Trade recommendations and analysis are written by our analysts which might have different opinions. Read my 6 Golden Steps to Financial Freedom here. Best regards, Jonas Borchgrevink. Rate this post: Important for improving the service. Please add a comment in the comment field below explaining what you rated and why you gave it that rate. Failed Trade Recommendations should not be rated as that is considered a failure either way. (0 votes, average: 0.00 out of 5)You need to be a registered member to rate this. Loading... Alex Moskov 4.5 stars on average, based on 14 rated postsAlex Moskov is a writer and entrepreneur with a passion for building and creating awesome things. Alex has experience in music tech startups, digital marketing, and cryptocurrency investing. Follow @HackedCom Feedback or Requests? Continue Reading ICO ICO Analysis: DataBroker DAO Published 8 hours ago on April 20, 2018 By Alex Moskov DataBroker DAO is a decentralized marketplace for data from IoT devices. By 2019, its expected the there will be 33 billion Internet of Things (IoT) sensors gathering data around the globe. However, in the current landscape, the data that these sensors collect isnt easily accessible to outside parties. Additionally, the people collecting this data have no way of monetizing it after using it internally. // -- Discuss and ask questions in our community on Workplace. DataBroker DAO utilizes a network of smart contracts to open up this sensor data marketplace and connect those collecting the information to those wanting access to it. There are four primary stakeholders in the DataBroker DAO ecosystem: Sensor Owners Sensor owners are the people and companies who have purchased sensors and are collecting data. They sell their data directly to other parties through DataBroker DAO, enabling them to monetize a previously less useful asset. Examples of sensor owners include farmers, manufacturers, transportation companies, and logistics services to name a few. Any entity that relies on IoT to collect data can sell it through the DataBroker DAO marketplace. Data Buyers Data buyers buy data, plain and simple. They can purchase data to either use themselves or for the purpose of enriching it and reselling it to other buyers. These buyers are encouraged to purchase data through DataBroker DAO in order to forgo the high upfront cost of sensors themselves. Data buyers include such groups as tv and radio weather stations, fertilizer companies, and city governments. // -- Become a yearly Platinum Member and save 69 USD and get access to our secret group on Workplace. Click here to change your current membership -- // Data Processors The data buyers that end up improving and reselling the data are called data processors. The data enrichment process takes many forms. For example, data brokers can purchase data from multiple sources, categorize it appropriately, and then resell it. Or, an analysis service can hand-pick data based on a clients request to provide customized recommendations. Those are just two examples theres no limit to the ways you can enhance data. Gateway Operators Finally, gateway operators power the DataBroker DAO network. Theyre the bridge that enables sensor owners to sell their data on the platform. In return, they receive DTX token rewards. Token DTX tokens are the currency of the DataBroker DAO network. Data buyers purchase information with DTX, sensor owners receive payment in DTX, and gateway operators all get compensated with DTX. The DTX token is ERC20 compliant and follows the MiniMe standard. Although operating as a company now, the DataBroker DAO team will eventually shift the governance model to a decentralized autonomous organization (DAO). After the project is up and running, the team will decide with the community on the future decentralization of the governance model. The DataBroker DAO token pre-sale is currently in progress until April 26th. Normally, 1 ETH will get you 4,000 DTX but during the pre-sale, you get a 2000 DTX bonus. However, you need to contribute a minimum of 10 ETH to participate in the pre-sale. The team will issue a maximum amount of 225 million DTX during the crowdsale the same number as the expected amount of sensors on the platform in 2024. The distribution is as follows: 48.0% Crowdsale 30.0% Lockup until 2021 10.0% Platform fund to help enterprise customers purchase tokens with fiat 6.5% Early supporters 5.0% Team 0.5% Bounty program This is a fair distribution, although its unclear how the team will use the 30% once the tokens are released from lockup. Team Matthew van Niekerk and Roderik van der Veer lead the project as CEO and CTO, respectively. They both also founded SettleMint, a blockchain solution for IT teams, together. The rest of the team has substantial experience in blockchain development, business development, marketing, the works. One thing thats missing, though, is any experience working with IoT devices. The team also has a few advisors with the most notable being Patrick Byrne, the CEO of Overstock.com. Additionally, DataBroker DAO lists partnerships with the Ethereum Enterprise Alliance and Polymath among a couple of other partners. Verdict DataBroker DAO is working to make IoT sensor data more accessible and easier to monetize outside of internal systems. The team is doing so by creating a platform in which sensor owners can sell data to buyers through gateway operators. This creates economic value through a primary data market as well as a secondary market in which buyers resell data that they enhance. Although the team is short on IoT experience, they have the support of Overstock CEO Patrick Byrne, an early cryptocurrency supporter. With the endless amount of data the IoT sensors collect, DataBroker DAO could be a financial gold mine. Risks Two-sided marketplace. The classic chicken-and-egg problem. Without significant data to sell, buyers wont be interested, and a lack of buyers could deter sellers. (-1) Dependent on gateway operators. Without these entities, the network wont function. If the incentives arent enough to keep them on board, the business model fails. (-2) Governance model not set yet. The token economics could change drastically once the governance structure is set. (-2) Growth Potential Complementary system. Entities can use DataBroker DAO with their current systems no need for an overhaul. Thats huge for adoption. (+3) Data is a HUGE business. Data is as important as ever and companies everywhere are paying top dollar for it. (+4.5) Beta available. The team has already built a working. That shows more success than a number of other ICOs out there. (+5) Disposition DataBroker DAO scores an impressive 7.5out of 10. The project is targeting a large and growing market with a product thats already halfway built before hosting an ICO. Instead of forcing clients to overhaul their IoT systems, theyre creating their platform in a way that compliments whats already being used. The biggest two question marks in this ICO are the governance model and the locked up tokens. The decisions surrounding these two things could have a negative effect down the road. Investment Details The DateBroker DAO pre-sale is in effect until April 26th. Immediately following, the team is hosting the DTX public sale. You can find more information about the project and token sale here. Symbol: DTX Platform: Ethereum Public Sale Start: Apr. 26, 2018 Price: 1 ETH = 4,000 DTX Hard Cap: 108,000,000 Payments Accepted: ETH Jurisdictions Barred from Participation: N/A Featured image courtesy of Shutterstock. Important: Never invest (trade with) money you can't afford to comfortably lose. Always do your own research and due diligence before placing a trade. Read our Terms & Conditions here. Trade recommendations and analysis are written by our analysts which might have different opinions. Read my 6 Golden Steps to Financial Freedom here. Best regards, Jonas Borchgrevink. Rate this post: Important for improving the service. Please add a comment in the comment field below explaining what you rated and why you gave it that rate. Failed Trade Recommendations should not be rated as that is considered a failure either way. (0 votes, average: 0.00 out of 5)You need to be a registered member to rate this. Loading... Alex Moskov 4.5 stars on average, based on 14 rated postsAlex Moskov is a writer and entrepreneur with a passion for building and creating awesome things. Alex has experience in music tech startups, digital marketing, and cryptocurrency investing. Follow @HackedCom Feedback or Requests? Continue Reading ICO ICO Analysis: Virtue Poker Published 1 day ago on April 19, 2018 By Joshua Larson The game of online poker has been massive ever since amateur Chris Moneymaker turned a $40 online satellite entry fee into a $2.5 million, 2003 World Series of Poker Championship win. Over the years, two massive flaws involving centralized online poker sites have come to light. In 2008, Ultimate Bet insiders stole over $20 million in players funds by using a software program called God Mode which allowed them to see the other players hole cards. In 2011, it was revealed that Full Tilt Poker (the#2 site at the time) was a giant Ponzi, involving insiders lining their own pockets with funds picked from their loyal players pool. Full Tilt was forced to shut down and players didnt see their money for over a year. New startup Virtue Poker is looking to provide solutions to both of these problems, plus many more. // -- Discuss and ask questions in our community on Workplace. Founded in 2015, Virtue Poker is putting poker on the Ethereum blockchain and using smart contracts to eliminate fraud and corruption by completely decentralizing the game. The virtue poker platform will offer several game changing features including tamper proof gaming, security of player funds, instant payouts and guaranteed tournaments. Each table is represented by a smart contract. All players send funds from their own personal digital wallets to the smart contract that serves as an escrow agent. Once the game is over the contract distributes the money back to the players wallets.All game play happens off-chain using a secure implementation of mental poker. The Virtue team also designed a revolutionary shuffle algorithm called the Two Pass Shuffle, which guarantees nobody can tamper with the cards. // -- Become a yearly Platinum Member and save 69 USD and get access to our secret group on Workplace. Click here to change your current membership -- // Learn all about the tech behind mental poker and the Two Pass Shuffle starting on page 17 of the whitepaper. Token VPP token has four utilities: It can be used as in game currency. It can be used for special tournaments. It can be earned as rakeback. It can be staked in a smart contract called a Justice Registry, which enables the staker to validate hands on the network in The Virtue platform acts as a POS platform. The nodes in the platform are called Justices. Justices are non playing peers, assigned to poker tables, who provide security and protection to players on the virtue poker network and in exchange recieve fees from players platform fees. the justices validate and submit the hand histories for storage to IPFS. The token distribution is as follows: Crowdsale 20% Second token offering after main net: 20% Marketing and development: 20% Founders: 17.2% Strategic Partners: 18.8% Advisers: 4% Approximately 40% of proceeds will be used to further platform development, 40% for marketing, 10% for legal costs, 5% for consultants, and 5% for business development and partnership In terms of price, everyone pays the same amount per token. The exact price per token will be set once the ICO is over. If the hard-cap is reached, the price will be $0.125; if they only reach soft-cap the price will be $0.06 or higher. (Contributing early doesnt give you a bonus, it just assures you get a spot in the sale.) There has never been any pre-sale or bonuses given. Every contributor gets the same deal. Team The Virtue team, advisers, and sponsored players are all rock solid. Co-Founder Ryan Gittleson (ConsenSys) is the team spokesman. He has done several YouTube interviews where he proves himself very knowledgeable and capable. Co-Founder Jim Berry has experience with NASA and a ton of tech ventures. The CMO Dan Goldman, who was the first CMO for Pokerstars, building them up to No. 1 in the world. One of their most notable advisers is Joe Lubin, who co-founded Etherum. They also have a 7+ strong tech team led by Chief Cryptographer, Iddo Bentov (Cornell). Finally, we have three poker legends to help market the site. Verdict Virtue Poker is by far the front-runner in blockchain poker. Their well thought out business plan, strong team/advisers and the three living legends for spokesmen guarantee they will at least be around for a few years to come. Success is going to first depend on building the app to perfection. And then on convincing players just how beneficial it is to move over to the Virtue platform. Our #1 value proposition is the security of player funds by not having to trust a centralized entity with the deposit or withdrawal process. (Co-Founder, Ryan Gittleson) Risks Poker players hate rake, and it looks like Virtues rake will be higher than average. This summer, they plan to implement Plasma to calculate every hand without using ETH, only sending transactions to the blockchain when players sit down and when they leave. Its still going to be pricey though and Virtue will be taking an additional rake each hand for business.-3 Gaining large scale adoption will be extremely challenging. Bovada and Americas Cardroom control the U.S. market while Pokerstars owns the rest of the world. Also, ACR recently started accepting a number of cryptocurrencies, which is one of Virtues main appeals.-3 Currently, the platforms player to player shuffle technology is only performing at 70-80 hands per hour. This is very slow compared to the mainstream sites. Players these days play for money; the more hands they can get in per hour, the more money they make. They arent going to play on Virtue if its slow and complicated. -2 They dont have a gaming license yet. Theyve been working for 18 months and are making progress in Malta and Gibraltar. They dont want to promise anything, but are very optomistic about Malta by the end of the year.-2 Growth Potential Phil Ivey, Dan Coleman and Brian Rast are constantly in the poker spotlight. They are literally the top guys in poker. They will be wearing Virtue logos as they win tournaments. Every poker player in the world will know about Virtue Poker. +4 Their solid technical team, strong management and Joe Lubin (Co-founder Ethereum/giant whale) as an adviser make it very hard to bet against this project.+4 The massive U.S. player pool has been banned from Pokerstars since 2011. They have found new sites to play on over the years, but nothing permanent. If Virtue can use their decentralized site to tap into the U.S. market, it could be glorious.+2 They are backed by ConsensSys, which is a global formation of technologists and entrepreneurs building the infrastructure applications and practices that enable a decentralized world. ConsenSys funded Virtue Power, helped them put together a team a team and supported the development of an alpha. At the end of the token sale, Virute becomes their own company and ConsenSys remains a passive investor.+2 The token price itself probably wont ever be extra valuable, but if you can stake a large supply, it would be like running a masternode. Virtue Poker has a chance to be around for years to come, so a node on their site would be steady passive income for years to come +3 Disposition This ICO is for folks who want to stake VPP tokens and become Justices (nodes). A score of5/10is warranted. Investment Details Platform: Ethereum Symbol: VPP Total Supply: 500 million Circulating Supply: 100 million Hardcap: $12.5 million Softcap: $6 million Public Sale: April 25th, 10:00 am EDT Price: flat rate (everyone pays same amount price calculated after sale) Jurisdiction barred: USA Whitelist registration:https://virtue.poker/register.html f Website:https://virtue.poker/ Featured image courtesy of Shutterstock. Important: Never invest (trade with) money you can't afford to comfortably lose. Always do your own research and due diligence before placing a trade. Read our Terms & Conditions here. Trade recommendations and analysis are written by our analysts which might have different opinions. Read my 6 Golden Steps to Financial Freedom here. Best regards, Jonas Borchgrevink. Rate this post: Important for improving the service. Please add a comment in the comment field below explaining what you rated and why you gave it that rate. Failed Trade Recommendations should not be rated as that is considered a failure either way. (0 votes, average: 0.00 out of 5)You need to be a registered member to rate this. Loading... Joshua Larson 4.2 stars on average, based on 9 rated postsJoshua Larson is also known as the "Bullshit Man" for his ability to spot it a mile away. Avid ICO researcher and contributor. Former professional poker player/backer. Spent 10 years analyzing hand history, stats, and player data. Discovered blockchain in late 2016, and never looked back. He now uses his analysis skills to investigate ICOs full time. What a perfect match, because in today's crazy world of ICOs, information, passion, and diligence = dollar bills! Follow @HackedCom Feedback or Requests? Continue Reading Recent CommentsKiril Nikolaev on Trade Recommendation: Bytecoin/MoneroJochem50 on Trade Recommendation: Bytecoin/MoneroKiril Nikolaev on Trade Recommendation: Bytecoin/MoneroKiril Nikolaev on Trade Recommendation: Bytecoin/Moneronahom.bereketeab@gmail.com on Trade Recommendation: Bytecoin/Monero More Chance to Go Up for Litecoin Why IOTA Belongs On Your Focus List Crypto Update: Ripple Leads Altcoin Surge, Hits $0... Crypto Update: Ethereum Tops $550 as Altcoins Hit... Coinbase Alert: Amazon Is Coming Trade Recommendation: Stellar Cryptocurrency Market Hits Five-Week Highs as Inve... 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ICO ICO Analysis: Bankera Published 5 months ago on November 26, 2017 By Joshua Larson Pretty much every week now, a new startup comes out wanting to merge the traditional world of finance with blockchain. Usually, its to decentralize that area of business. Bankera flips that; they want to centralize crypto by building it a bank. // -- Discuss and ask questions in our community on Workplace. Straight from the whitepaper: We are focused on building a bank for the blockchain era, which eventually will become a one-stop store for all financial services, in the same way, traditional bricks and mortar banks are now. Bankera is an operational fork of SpectroCoin, the crypto exchange, e-wallet, payment processor, and debit card provider. They claim to have 440,000 clients and have issued 64,000 cards. The plan is for SpectroCoin to provide wallet and exchange services, while Bankera focuses on becoming an efficient payment and banking solution. // -- Become a yearly Platinum Member and save 69 USD and get access to our secret group on Workplace. Click here to change your current membership -- // Based in Lithuania, Bankera aims to integrate into the EEU financial network to become the bridge from traditional banking to crypto. In order to do that they need three things: capital, licensing, and technology. Capital: They no doubt are getting that. They need large amounts because banks need to have huge stores of money in order to ration out large enough loans in order to thrive. Licensing: They do not have any licenses. Recent regulations reduced SpectroCoins legality to only the European Economic Area (EEU). Now with Bankera, they are trying to build a full-fledged crypto bank, which seems almost impossible. They cannot share any info about potential jurisdictions, and they state in the whitepaper they will not have a banking license until 2019. Technology: They say they have an MVP. I think the MVP is the mobile wallet that you have to sign up for to download. There is no way to secure a mobile wallet though. This isnt special in any way. The Token The Bankers token (BKR) allows holders to pay for services and products of at a discount, as well as entitles holders to 20% of net transaction fees paid by Bankera and SpectroCoin customers every week. Basically, the purpose of the token is to receive 20% dividends on a weekly basis. The presale ended in September, and the raise broke the all-time record for most money acumulated pre-ICO with over $29 million accounted for. They sold over 2 billion tokens at $0.01 per unit. The ICO sale starts Nov 27thhttps://bankera.com/ Allocation: 40% of the tokens will go to ICO participants, 25% to the team/managers, and 5% to advisors. The remaining 30% will be sold in a secondary coin offering (SCO) later in the future. If you contribute more than 1,000 euro to the ICO, you will be eligible for an IBAN account, and a Bankera card. However, many jurisdictions are currently banned, including the United States. The third ICO, or secondary coin offering, is ridiculous. They give a reason as to why they need to raise so much money: Operating a bank is different from many other businesses because capital is not only required to fund growth and trade cycles but also for regulatory requirements. In the financial service sector, this regulation is in place to ensure banks have minimal risk of financial distress during economic downturns when there is pressure on the deposit base (more withdrawals than deposits). Therefore, most of the capital raised will be put towards satisfying the capital adequacy requirement ratios that are needed for obtaining banking licenses in new jurisdictions For example, if the ICO was to raise 100M EUR, which on the surface looks like a substantial amount, because of capital adequacy requirements Bankera could only lend out 500M EUR, which is considerably lower than an average local bank would have in lending capacity. It would correspond to 2,000 loans for an average loan amount of 250,000 EUR. The Team The Bankera team is 50 deep, and are the same as the SpectroCoin team (est.2014). Their top three guys (Vytautas Karalevicius,Mantas Mockeviius , andJustas Dobiliauskas) have been together for years. Its not hard to find plenty of complaints on these three guys and SpectroCoin. With a project as hyped as this one, a little bad press is to be expected, but this is off the charts (serious allegations of swindling).I dont agree with a lot of this, but its a must read if you are thinking about getting into this ICO The best part of Bankera is the list of advisors. There are three strong players involved, including Lon Wong, Antanas Gupta and Eva Kaili. Its almost certain that Lon Wong is the reason this presale was so huge. The crypto community absolutely loves NEM. Heres whats funny about this, though. Lon is president of the NEM.io Foundation, not the actual project: The NEM.io Foundation is incorporated in Singapore as a company limited by guarantee. The sole purpose of the Foundation is to introduce, educate, and promote the use of the NEM blockchain technology platform on an international scale to all industries and institutions. When asked for evidence of an actual partnership with NEM, Bankera could not produce. Antanas Guoga aka Tony G is a big-time player. Deep research shows Tony may be the reason Bankera was able to sign Lon on as an advisor. He wine/dined him Verdict Despite having no new product, and an extremely vague whitepaper, billions of tokens were already sold and Bankera broke the record for being the highest ever pre-ICO collecting $29 million. Now they want to raise hundreds of millions more. Depending on what they sell in the ICO, there will be over 7 billion BKR in circulation. At $0.02 cents per token right out the gate, it has zero room for early growth. And with so many tokens being sold for .01 months ago, it will almost surely dump. Risks Red flags everywhere. Regulation: To be a real financial institution you need to acquire several different strict licenses. Bankera has yet to acquire any banking licenses for accepting deposits and offering investment products. They make it clear that they wont acquire these until 2019. There are several horrible reviews on SpectroCoin, including many allegations of theft. Even if not true, just the allegations may be enough to cause dumps. The competition is already stiff, and we are just getting started. Until 2019 (when they hopefully get a banking license), Bankera will basically be just a banking card that right now can only be used in the European Economic Area (EEU). There are several banking cards already on the market which are better than SpectroCard. Growth Potential Many use cases. Traditional banks are inflexible. According to the whitepaper, most of the technology required for successful operations for Bankera is already developed and will be ready for testing as a minimum viable product prior to the ICO. The core elements of Bankeras current technology include modules for SWIFT messaging, SEPA payments, payment cards integration, banks ledger, Bitcoin, Ethereum, DASH, NEM modules, fraud analytics and more. However, to maintain a competitive edge in a rapidly developing technological market, Bankera will constantly be improving existing infrastructure and developing cutting-edge solutions for the upcoming blockchain era. (Again, from their whitepaper): After the ICO, Bankera will acquire banking licenses within the EU, becoming an issuing bank for payment cards. After that, they will obtain licenses in other key jurisdictions, such as the UK, Singapore, and Japan. Sometime in the future, Bankera plans to offer a variety of investment solutions for clients and businesses. Low-cost ETF funds will be offered, and later they will add trading, advisory, brokerage, custody, wealth management and other services. Most of these solutions will be developed in-house based on using the most advanced artificial intelligence (AI) technologies. Everyone loves dividends. Bankera has been, and will be, paying 20% to token holders on a weekly basis. However, right now this is peanuts, it will be less than 2% annual ROI As you can see from this chart found in the whitepaper, Bankera often makes outrageous claims like they invented the question mark. Verdict This is not a quality investment. It could be in a couple years if they acquire all the licenses. If you are excited about its long-term potential, then wait for the dump to load up your bag. (3.5/10) Details for all the ICO specifics, and to sign up for whitelisthttps://bankera.com/ Featured image courtesy of Shutterstock. Important: Never invest (trade with) money you can't afford to comfortably lose. Always do your own research and due diligence before placing a trade. Read our Terms & Conditions here. Trade recommendations and analysis are written by our analysts which might have different opinions. Read my 6 Golden Steps to Financial Freedom here. Best regards, Jonas Borchgrevink. Rate this post: Important for improving the service. Please add a comment in the comment field below explaining what you rated and why you gave it that rate. Failed Trade Recommendations should not be rated as that is considered a failure either way. (3 votes, average: 2.33 out of 5)You need to be a registered member to rate this. Loading... Joshua Larson 4.2 stars on average, based on 9 rated postsJoshua Larson is also known as the "Bullshit Man" for his ability to spot it a mile away. Avid ICO researcher and contributor. Former professional poker player/backer. Spent 10 years analyzing hand history, stats, and player data. Discovered blockchain in late 2016, and never looked back. He now uses his analysis skills to investigate ICOs full time. What a perfect match, because in today's crazy world of ICOs, information, passion, and diligence = dollar bills! Follow @HackedCom Feedback or Requests? Related Topics:Bkrinitial coin offeringSpectrocointoken raise Up Next ICO Analysis: McAfee Coin Don't Miss ICO Analysis: CommerceBlock You may like ICO Analysis: ImmVRse ICO Analysis: Momentum ICO Analysis: Eligma ICO Analysis: NeuroChain (NCC) ICO Analysis: Elementh ICO Analysis: TrustedHealth Click to comment You must be logged in to post a comment Login Leave a Reply Cancel replyYou must be logged in to post a comment. ICO ICO Analysis: ImmVRse Published 11 hours ago on April 20, 2018 By Alex Moskov ImmVRse is a blockchain-based virtual reality (VR) and augmented reality (AR) video sharing and hiring platform. Similar to YouTube, the platform allows you to like, comment, and share videos with other users but also connects creators with those who need their services (e.g. brands and advertisers). The combined VR/AR market targeted by the team is projected to reach $162 billion by 2020. // -- Discuss and ask questions in our community on Workplace. VR/AR Industry Problems Because the VR/AR space is still relatively young, there are numerous roadblocks inhibiting its growth. Primarily, content creators are spread across platforms because theres no dominant space for them to publish their work. As a brand or advertiser, this makes it difficult to connect with quality video producers. Additionally, many of the companies that are dedicated to AR/VR video sharing are highly centralized and limit who they allow to use their platform. Another hindrance to the growth of this market is the difficulty to generate revenue. Several countries have strict legislation revolving around payments, especially in overseas transactions. This, in combination with the oversaturation of video on traditional platforms, prevents quality AR/VR creators from expanding. // -- Become a yearly Platinum Member and save 69 USD and get access to our secret group on Workplace. Click here to change your current membership -- // ImmVRse Solutions ImmVRse is tackling all of these problems head-on. The team is not only building a sharing platform but a community as well. They want users to interact heavily with one another to help foster a supportive AR/VR ecosystem. To prevent restrictions on membership and content, ImmVRse uses Ethereum smart contracts for the peer-to-peer aspect of the platform. The entire jobs matching process, from inquiry to publication, is decentralized without any intermediary control. As with most other platforms implementing cryptocurrency, a large function of blockchain for ImmVRse is in their payments system. Users give and receive payments using the projects ERC20 token, IMV. Additionally, normal viewers who interact with the platform are rewarded with IMV as well. This opens up the platform to people in countries with prohibitive legislation and/or limited financial infrastructure. Finally, ImmVRse provides a unique solution to the revenue problems mentioned earlier. Because its an AR/VR dedicated platform, brands and advertisers are able to easily find the AR/VR talent theyre looking to hire for content production. One thing that stands out in the revenue model, though, is that high-value creators need to pay a monthly subscription to maintain a premium status on ImmVRse. This seems odd because theyre the driving force behind the platform. However, if the leads and value they receive from keeping their status are high enough, this may be a non-issue. Token The ImmVRse team is currently preparing for their token crowdsale but have a pre-sale announcement on May 15. No other dates have been announced yet, but the whitepaper states that the token sale will last for 6 to 8 weeks. During the ICO, the team will mint a maximum supply of 300 million IMV with no additional token creation after. IMVs are ERC20 tokens, so you can use any standard ERC20 wallet to participate in the ICO. IMV tokens will cost $0.20 with discounts to early contributors and pre-ICO participants. During the pre-ICO, tokens will have a 20% discount while early contributors can receive an additional 10% discount. The IMV token distribution is more centralized than most other projects with only one-third going to crowdsale participants. The distribution is as follows: 53% ImmVRse 33% ICO participants 10% Team and advisors 4% Rewards and bounties Creating even more centralization, only 60% of the crowdsale tokens are slotted for the public crowdsale. The remaining 40% will be distributed among private investors and pre-ICO participants. The crowdsale has a hard cap of $20 million. Team The ImmVRse team is headquartered in London and led by co-founders Farabi Shayor and Limon Rahman. Shayor has two and a half years of VR production experience alongside proficiency in Solidity development. Rahman is a seasoned entrepreneur with 14 years of financial control and management experience. Together they form a yin (product) and yang (business) combination thats great to see in a founding team. Unfortunately, the rest of the team is lacking in both AR/VR and blockchain experience. Although the technologies are new, it wouldve been nice to see a few team members with related projects under their belt. On a positive note, the team has a solid advisory board that should be able to help with any gaps in their knowledge base. Verdict The ImmVRse team is building a platform to highlight AR/VR content creators and connect them with companies looking for their services. Theyre attempting to solve some of the biggest growth problems in the video space now: censorship and profitability. Although the majority of team members dont have ample experience in key areas, the co-founders and advisory board should be able to carry them through. However, with so much of the platform revolving around quality content creation, ImmVRses decision to charge content creators for premium status may end up hurting them in the long run. Risks New market. The demand for AR/VR content is still yet to be proven. Its entirely possible that the need for this type of video is still multiple years away. Remember 3D televisions? (-1) Reliance on creators. Without happy creators, the platform has no value. Charging them for a premium status is starting off on the wrong foot. (-2) Terrible token distribution. Even if the platform becomes wildly successful, ImmVRse can just release more tokens into the ecosystem to keep the price at a reasonable level. (-3) Growth Potential Emerging market. Yes, I know I put the market as a risk, but theres huge growth potential here as well. AR/VR content has a multitude of use-cases and this market could end up being gigantic. (+5) Supportive advisers. Any expertise that the team is missing is filled in by some member of their advisory board. (+3) Multiple revenue streams. Advertising, job completion fees, creator monthly subscriptions, and numerous other things theres plenty of ways for the platform to make money. (+4) Disposition ImmVRse receives a respectable 6 out of 10. The platform is highly dependent on an industry that hasnt really broken ground yet. If AR/VR adoption is still far outside of the horizon, it may be years before ImmVRse shows value too long for a young project to survive. However, an AR/VR market boom could position ImmVRse to be the next big media platform to take the world by storm. Investment Details The ImmVRse team hasnt released any important investment details, but you can stay up-to-date with their announcements here. Symbol: IMV Platform: Ethereum Public Sale Start: N/A Price: 1 IMV = $0.20 U.S. Hard Cap: $20 million Minimum Investment: $50 U.S. Payments Accepted: ETH Jurisdictions Barred from Participation: United States Featured image courtesy of Shutterstock. Important: Never invest (trade with) money you can't afford to comfortably lose. Always do your own research and due diligence before placing a trade. Read our Terms & Conditions here. Trade recommendations and analysis are written by our analysts which might have different opinions. Read my 6 Golden Steps to Financial Freedom here. Best regards, Jonas Borchgrevink. Rate this post: Important for improving the service. Please add a comment in the comment field below explaining what you rated and why you gave it that rate. Failed Trade Recommendations should not be rated as that is considered a failure either way. (0 votes, average: 0.00 out of 5)You need to be a registered member to rate this. Loading... Alex Moskov 4.5 stars on average, based on 14 rated postsAlex Moskov is a writer and entrepreneur with a passion for building and creating awesome things. Alex has experience in music tech startups, digital marketing, and cryptocurrency investing. Follow @HackedCom Feedback or Requests? Continue Reading ICO ICO Analysis: Virtue Poker Published 1 day ago on April 19, 2018 By Joshua Larson The game of online poker has been massive ever since amateur Chris Moneymaker turned a $40 online satellite entry fee into a $2.5 million, 2003 World Series of Poker Championship win. Over the years, two massive flaws involving centralized online poker sites have come to light. In 2008, Ultimate Bet insiders stole over $20 million in players funds by using a software program called God Mode which allowed them to see the other players hole cards. In 2011, it was revealed that Full Tilt Poker (the#2 site at the time) was a giant Ponzi, involving insiders lining their own pockets with funds picked from their loyal players pool. Full Tilt was forced to shut down and players didnt see their money for over a year. New startup Virtue Poker is looking to provide solutions to both of these problems, plus many more. // -- Discuss and ask questions in our community on Workplace. Founded in 2015, Virtue Poker is putting poker on the Ethereum blockchain and using smart contracts to eliminate fraud and corruption by completely decentralizing the game. The virtue poker platform will offer several game changing features including tamper proof gaming, security of player funds, instant payouts and guaranteed tournaments. Each table is represented by a smart contract. All players send funds from their own personal digital wallets to the smart contract that serves as an escrow agent. Once the game is over the contract distributes the money back to the players wallets.All game play happens off-chain using a secure implementation of mental poker. The Virtue team also designed a revolutionary shuffle algorithm called the Two Pass Shuffle, which guarantees nobody can tamper with the cards. // -- Become a yearly Platinum Member and save 69 USD and get access to our secret group on Workplace. Click here to change your current membership -- // Learn all about the tech behind mental poker and the Two Pass Shuffle starting on page 17 of the whitepaper. Token VPP token has four utilities: It can be used as in game currency. It can be used for special tournaments. It can be earned as rakeback. It can be staked in a smart contract called a Justice Registry, which enables the staker to validate hands on the network in The Virtue platform acts as a POS platform. The nodes in the platform are called Justices. Justices are non playing peers, assigned to poker tables, who provide security and protection to players on the virtue poker network and in exchange recieve fees from players platform fees. the justices validate and submit the hand histories for storage to IPFS. The token distribution is as follows: Crowdsale 20% Second token offering after main net: 20% Marketing and development: 20% Founders: 17.2% Strategic Partners: 18.8% Advisers: 4% Approximately 40% of proceeds will be used to further platform development, 40% for marketing, 10% for legal costs, 5% for consultants, and 5% for business development and partnership In terms of price, everyone pays the same amount per token. The exact price per token will be set once the ICO is over. If the hard-cap is reached, the price will be $0.125; if they only reach soft-cap the price will be $0.06 or higher. (Contributing early doesnt give you a bonus, it just assures you get a spot in the sale.) There has never been any pre-sale or bonuses given. Every contributor gets the same deal. Team The Virtue team, advisers, and sponsored players are all rock solid. Co-Founder Ryan Gittleson (ConsenSys) is the team spokesman. He has done several YouTube interviews where he proves himself very knowledgeable and capable. Co-Founder Jim Berry has experience with NASA and a ton of tech ventures. The CMO Dan Goldman, who was the first CMO for Pokerstars, building them up to No. 1 in the world. One of their most notable advisers is Joe Lubin, who co-founded Etherum. They also have a 7+ strong tech team led by Chief Cryptographer, Iddo Bentov (Cornell). Finally, we have three poker legends to help market the site. Verdict Virtue Poker is by far the front-runner in blockchain poker. Their well thought out business plan, strong team/advisers and the three living legends for spokesmen guarantee they will at least be around for a few years to come. Success is going to first depend on building the app to perfection. And then on convincing players just how beneficial it is to move over to the Virtue platform. Our #1 value proposition is the security of player funds by not having to trust a centralized entity with the deposit or withdrawal process. (Co-Founder, Ryan Gittleson) Risks Poker players hate rake, and it looks like Virtues rake will be higher than average. This summer, they plan to implement Plasma to calculate every hand without using ETH, only sending transactions to the blockchain when players sit down and when they leave. Its still going to be pricey though and Virtue will be taking an additional rake each hand for business.-3 Gaining large scale adoption will be extremely challenging. Bovada and Americas Cardroom control the U.S. market while Pokerstars owns the rest of the world. Also, ACR recently started accepting a number of cryptocurrencies, which is one of Virtues main appeals.-3 Currently, the platforms player to player shuffle technology is only performing at 70-80 hands per hour. This is very slow compared

ICO ICO Analysis: CoinLion Published 5 months ago on December 3, 2017 By Joshua Larson CoinLion is building the worlds first cryptocurrency trading platform with built-in portfolio management, atomic swaps, publishing and promotional toolset, dual blockchain order book system, and token generation capabilities. // -- Discuss and ask questions in our community on Workplace. According to the whitepaper: CoinLion is a powerful trading platform that makes managing digital assets easy and efficient. The platform contains a unique portfolio management tool and public profile system that rewards users for sharing portfolios, strategies, and information relating to the management of digital assets. The platform consists of three main components. The first is a cryptocurrency exchange, which they have a demo for. It looks unique and clean, but not too impressive so far. The second component is a portfolio management tool that allows for the creation and management of crypto portfolios. The third is a public profile system that rewards users for sharing their portfolios, strategies, and valuable information with other users. The exchange looks like it will have all the features the top exchanges offer. The company prides itself on the security and legal compliance of its platform. The most crucial aspect of this project is going to be the public profile system. The platform and system are designed for top traders to sell their trading strategies and portfolio details. They will be able to set their own price, which will be paid in LION tokens. Heres their bitcointalk dev explaining further incentives they will offer to bring talent to the platform: // -- Become a yearly Platinum Member and save 69 USD and get access to our secret group on Workplace. Click here to change your current membership -- // We will offer the ability to earn community incentives in a variety of ways. Some of the ways will/may include growing a following on a portfolio and achieving certain milestones. For example reaching 200 followers on a portfolio. We will also provide incentives to top traders. We will bonus quarterly to traders with the top performance. CoinLion will incentivize top researchers for providing and contributing world class research to the library and analytics library. Community incentives revolve around contributions to the community. We will be revealing more incentives as we move forward and as new features are added to the platform! Referral incentives will also be considered. For example you may earn LION for referring users to the platform. The Token Symbol: LION Type: ERC20 Total Supply: 500 million Max cap: 250 million (50% of total supply). Unsold tokens will be frozen and locked up for years. Presale Start: 3,500 LION / 1 ETH 25 million token cap ICO Phase 1 : Dec 18- Jan 7 (3,000 LION/ 1 ETH) ICO Phase 2: Feb 12- Feb 25 (2,500 LION/ 1 ETH) The tokens will be distributed accordingly: 50% token sale, 15% reserved, 10% retained by CoinLion, 10% founding team, 10% ongoing development fund and 5% advisors. All of the funds raised will be used for development and operations of the CoinLion platform: 65% developments, 15% security, 15% legal and 5% customer service. LION token will be spent and earned in a variety of ways within the platform. LION tokens allow for discounts of new ICOs brought on to the platform. In addiiton, CoinLion will maintain a market in LION, where users will be able to trade for free. The Team This team is one of the highlights of the whitepaper. They go into great detail on the tremendous experience each of their 16 core team members has accumulated over the years. Its pretty impressive. They are lead by three co-founders who have had success in the past. Learn all about them here. In addition to the base team, CoinLion currently has seven devs and three partner tech companies working on the platform and design. They have a strong group of seven advisers, including an ex-member of the House of Representatives,Hon. Max Sandlin, and primetime tv/radio host from CBS radio,Jeffrey Hayzlett. Verdict POTENTIAL! Thats what this project screams at you while researching it. With both an exchange, and a portfolio management platform, this sale is like getting TWO ICOs for the price of one well one and a half (factoring in the 3-month opportunity cost). Is there room for CoinLion? No doubt. The need for good, secure exchanges wont be going out of fashion anytime soon. And the need for guidance in this space is huge. Amateur traders will love to pay for knowledge, while solid traders will love to get paid extra income for doing what they already do Risks There are so many complicated components to their technology stack platform: Raiden Network, Lightning Network, Go, Solidity, Javascript, Docker, EthereumJS, Web3.js, IPFS and Python. This could prove difficult to put together. -1 Having two phases of ICO is ridiculous. The second phase doesnt end until Feb 25th, which is almost three months from now. Nobody is going to want to lock up their money for that long while all these other projects are making huge gains -3 The presale price is a bit high for my liking. I think they put together this token structure before ETHs recent gains. 3,500 tokens per ETH is $0.13 per. There is going to be 500 million total LION, and they are selling 250 million in the ICO. Thats a pretty large starting cap of $30 million. This is not necessarily bad, as we want the project to have enough money to succeed. However, its kind of hard to see demand being high enough when it hits exchanges. -1 Its possible the market gets oversaturated with exchanges, and they are never able to stand out. -1 Growth Potential The team worked closely with world-class lawyers, making sure their token is for utility and not a security. This type of SEC compliance is what gets projects listed on high volume exchanges, and not trapped on Etherdelta.+2 The use cases for LION token are numerous. Once the platform is fully functional, and the user base starts growing exponentially, this token price is going to grow right with it. Binance Coin (BNB) is a good example of what a well built, well marketed, unique exchange can do. CoinLion has the potential to dwarf them. +2 ICO underwriting- They plan to have a strict vetting process to bring only the very best new ICOs to their platform. LION holders will have access to these ICOs at a discounted rate. They do not offer further details on the discount at this time. Only one other exchange is doing underwriting at the moment. +2 The whitepaper is impressive. You can tell they have put serious thought into everything. They have many goals, using many different technologies to piece it all together. They have got to get their marketing right. If they can get enough users moving their LION in and out of the portfolio management system, this could be a home run. +2 Disposition This score would be higher, if not for the two rounds of ICO lasting well into February, and the $0.18 post ICO price tag (2500 LION/eth). Im still rather bullish. Perhaps a good strategy would be to put a small chunk in now at full pre-sale discount. This way you will have skin in the game. 6.3/10 ICO Details Level 1 of the presale is running now. Investors can learn more by visiting the following link. Cover image courtesy of Shutterstock Important: Never invest (trade with) money you can't afford to comfortably lose. Always do your own research and due diligence before placing a trade. Read our Terms & Conditions here. Trade recommendations and analysis are written by our analysts which might have different opinions. Read my 6 Golden Steps to Financial Freedom here. Best regards, Jonas Borchgrevink. Rate this post: Important for improving the service. Please add a comment in the comment field below explaining what you rated and why you gave it that rate. Failed Trade Recommendations should not be rated as that is considered a failure either way. (0 votes, average: 0.00 out of 5)You need to be a registered member to rate this. Loading... Joshua Larson 4.2 stars on average, based on 9 rated postsJoshua Larson is also known as the "Bullshit Man" for his ability to spot it a mile away. Avid ICO researcher and contributor. Former professional poker player/backer. Spent 10 years analyzing hand history, stats, and player data. Discovered blockchain in late 2016, and never looked back. He now uses his analysis skills to investigate ICOs full time. What a perfect match, because in today's crazy world of ICOs, information, passion, and diligence = dollar bills! Follow @HackedCom Feedback or Requests? Related Topics:erc20initial coin offeringliontoken sale Up Next ICO Analysis: SelfKey Don't Miss ICO Analysis: Debitum Network You may like ICO Analysis: ImmVRse ICO Analysis: Momentum ICO Analysis: Eligma Ether Prices Dip Below $400 for the First Time Since November ICO Analysis: NeuroChain (NCC) ICO Analysis: Elementh Click to comment You must be logged in to post a comment Login Leave a Reply Cancel replyYou must be logged in to post a comment. ICO ICO Analysis: ImmVRse Published 16 hours ago on April 20, 2018 By Alex Moskov ImmVRse is a blockchain-based virtual reality (VR) and augmented reality (AR) video sharing and hiring platform. Similar to YouTube, the platform allows you to like, comment, and share videos with other users but also connects creators with those who need their services (e.g. brands and advertisers). The combined VR/AR market targeted by the team is projected to reach $162 billion by 2020. // -- Discuss and ask questions in our community on Workplace. VR/AR Industry Problems Because the VR/AR space is still relatively young, there are numerous roadblocks inhibiting its growth. Primarily, content creators are spread across platforms because theres no dominant space for them to publish their work. As a brand or advertiser, this makes it difficult to connect with quality video producers. Additionally, many of the companies that are dedicated to AR/VR video sharing are highly centralized and limit who they allow to use their platform. Another hindrance to the growth of this market is the difficulty to generate revenue. Several countries have strict legislation revolving around payments, especially in overseas transactions. This, in combination with the oversaturation of video on traditional platforms, prevents quality AR/VR creators from expanding. // -- Become a yearly Platinum Member and save 69 USD and get access to our secret group on Workplace. Click here to change your current membership -- // ImmVRse Solutions ImmVRse is tackling all of these problems head-on. The team is not only building a sharing platform but a community as well. They want users to interact heavily with one another to help foster a supportive AR/VR ecosystem. To prevent restrictions on membership and content, ImmVRse uses Ethereum smart contracts for the peer-to-peer aspect of the platform. The entire jobs matching process, from inquiry to publication, is decentralized without any intermediary control. As with most other platforms implementing cryptocurrency, a large function of blockchain for ImmVRse is in their payments system. Users give and receive payments using the projects ERC20 token, IMV. Additionally, normal viewers who interact with the platform are rewarded with IMV as well. This opens up the platform to people in countries with prohibitive legislation and/or limited financial infrastructure. Finally, ImmVRse provides a unique solution to the revenue problems mentioned earlier. Because its an AR/VR dedicated platform, brands and advertisers are able to easily find the AR/VR talent theyre looking to hire for content production. One thing that stands out in the revenue model, though, is that high-value creators need to pay a monthly subscription to maintain a premium status on ImmVRse. This seems odd because theyre the driving force behind the platform. However, if the leads and value they receive from keeping their status are high enough, this may be a non-issue. Token The ImmVRse team is currently preparing for their token crowdsale but have a pre-sale announcement on May 15. No other dates have been announced yet, but the whitepaper states that the token sale will last for 6 to 8 weeks. During the ICO, the team will mint a maximum supply of 300 million IMV with no additional token creation after. IMVs are ERC20 tokens, so you can use any standard ERC20 wallet to participate in the ICO. IMV tokens will cost $0.20 with discounts to early contributors and pre-ICO participants. During the pre-ICO, tokens will have a 20% discount while early contributors can receive an additional 10% discount. The IMV token distribution is more centralized than most other projects with only one-third going to crowdsale participants. The distribution is as follows: 53% ImmVRse 33% ICO participants 10% Team and advisors 4% Rewards and bounties Creating even more centralization, only 60% of the crowdsale tokens are slotted for the public crowdsale. The remaining 40% will be distributed among private investors and pre-ICO participants. The crowdsale has a hard cap of $20 million. Team The ImmVRse team is headquartered in London and led by co-founders Farabi Shayor and Limon Rahman. Shayor has two and a half years of VR production experience alongside proficiency in Solidity development. Rahman is a seasoned entrepreneur with 14 years of financial control and management experience. Together they form a yin (product) and yang (business) combination thats great to see in a founding team. Unfortunately, the rest of the team is lacking in both AR/VR and blockchain experience. Although the technologies are new, it wouldve been nice to see a few team members with related projects under their belt. On a positive note, the team has a solid advisory board that should be able to help with any gaps in their knowledge base. Verdict The ImmVRse team is building a platform to highlight AR/VR content creators and connect them with companies looking for their services. Theyre attempting to solve some of the biggest growth problems in the video space now: censorship and profitability. Although the majority of team members dont have ample experience in key areas, the co-founders and advisory board should be able to carry them through. However, with so much of the platform revolving around quality content creation, ImmVRses decision to charge content creators for premium status may end up hurting them in the long run. Risks New market. The demand for AR/VR content is still yet to be proven. Its entirely possible that the need for this type of video is still multiple years away. Remember 3D televisions? (-1) Reliance on creators. Without happy creators, the platform has no value. Charging them for a premium status is starting off on the wrong foot. (-2) Terrible token distribution. Even if the platform becomes wildly successful, ImmVRse can just release more tokens into the ecosystem to keep the price at a reasonable level. (-3) Growth Potential Emerging market. Yes, I know I put the market as a risk, but theres huge growth potential here as well. AR/VR content has a multitude of use-cases and this market could end up being gigantic. (+5) Supportive advisers. Any expertise that the team is missing is filled in by some member of their advisory board. (+3) Multiple revenue streams. Advertising, job completion fees, creator monthly subscriptions, and numerous other things theres plenty of ways for the platform to make money. (+4) Disposition ImmVRse receives a respectable 6 out of 10. The platform is highly dependent on an industry that hasnt really broken ground yet. If AR/VR adoption is still far outside of the horizon, it may be years before ImmVRse shows value too long for a young project to survive. However, an AR/VR market boom could position ImmVRse to be the next big media platform to take the world by storm. Investment Details The ImmVRse team hasnt released any important investment details, but you can stay up-to-date with their announcements here. Symbol: IMV Platform: Ethereum Public Sale Start: N/A Price: 1 IMV = $0.20 U.S. Hard Cap: $20 million Minimum Investment: $50 U.S. Payments Accepted: ETH Jurisdictions Barred from Participation: United States Featured image courtesy of Shutterstock. Important: Never invest (trade with) money you can't afford to comfortably lose. Always do your own research and due diligence before placing a trade. Read our Terms & Conditions here. Trade recommendations and analysis are written by our analysts which might have different opinions. Read my 6 Golden Steps to Financial Freedom here. Best regards, Jonas Borchgrevink. Rate this post: Important for improving the service. Please add a comment in the comment field below explaining what you rated and why you gave it that rate. Failed Trade Recommendations should not be rated as that is considered a failure either way. (0 votes, average: 0.00 out of 5)You need to be a registered member to rate this. Loading... Alex Moskov 4.5 stars on average, based on 14 rated postsAlex Moskov is a writer and entrepreneur with a passion for building and creating awesome things. Alex has experience in music tech startups, digital marketing, and cryptocurrency investing. Follow @HackedCom Feedback or Requests? Continue Reading ICO ICO Analysis: Virtue Poker Published 2 days ago on April 19, 2018 By Joshua Larson The game of online poker has been massive ever since amateur Chris Moneymaker turned a $40 online satellite entry fee into a $2.5 million, 2003 World Series of Poker Championship win. Over the years, two massive flaws involving centralized online poker sites have come to light. In 2008, Ultimate Bet insiders stole over $20 million in players funds by using a software program called God Mode which allowed them to see the other players hole cards. In 2011, it was revealed that Full Tilt Poker (the#2 site at the time) was a giant Ponzi, involving insiders lining their own pockets with funds picked from their loyal players pool. Full Tilt was forced to shut down and players didnt see their money for over a year. New startup Virtue Poker is looking to provide solutions to both of these problems, plus many more. // -- Discuss and ask questions in our community on Workplace. Founded in 2015, Virtue Poker is putting poker on the Ethereum blockchain and using smart contracts to eliminate fraud and corruption by completely decentralizing the game. The virtue poker platform will offer several game changing features including tamper proof gaming, security of player funds, instant payouts and guaranteed tournaments. Each table is represented by a smart contract. All players send funds from their own personal digital wallets to the smart contract that serves as an escrow agent. Once the game is over the contract distributes the money back to the players wallets.All game play happens off-chain using a secure implementation of mental poker. The Virtue team also designed a revolutionary shuffle algorithm called the Two Pass Shuffle, which guarantees nobody can tamper with the cards. // -- Become a yearly Platinum Member and save 69 USD and get access to our secret group on Workplace. Click here to change your current membership -- // Learn all about the tech behind mental poker and the Two Pass Shuffle starting on page 17 of the whitepaper. Token VPP token has four utilities: It can be used as in game currency. It can be used for special tournaments. It can be earned as rakeback. It can be staked in a smart contract called a Justice Registry, which enables the staker to validate hands on the network in The Virtue platform acts as a POS platform. The nodes in the platform are called Justices. Justices are non playing peers, assigned to poker tables, who provide security and protection to players on the virtue poker network and in exchange recieve fees from players platform fees. the justices validate and submit the hand histories for storage to IPFS. The token distribution is as follows: Crowdsale 20% Second token offering after main net: 20% Marketing and development: 20% Founders: 17.2% Strategic Partners: 18.8% Advisers: 4% Approximately 40% of proceeds will be used to further platform development, 40% for marketing, 10% for legal costs, 5% for consultants, and 5% for business development and partnership In terms of price, everyone pays the same amount per token. The exact price per token will be set once the ICO is over. If the hard-cap is reached, the price will be $0.125; if they only reach soft-cap the price will be $0.06 or higher. (Contributing early doesnt give you a bonus, it just assures you get a spot in the sale.) There has never been any pre-sale or bonuses given. Every contributor gets the same deal. Team The Virtue team, advisers, and sponsored players are all rock solid. Co-Founder Ryan Gittleson (ConsenSys) is the team spokesman. He has done several YouTube interviews where he proves himself very knowledgeable and capable. Co-Founder Jim Berry has experience with NASA and a ton of tech ventures. The CMO Dan Goldman, who was the first CMO for Pokerstars, building them up to No. 1 in the world. One of their most notable advisers is Joe Lubin, who co-founded Etherum. They also have a 7+ strong tech team led by Chief Cryptographer, Iddo Bentov (Cornell). Finally, we have three poker legends to help market the site. Verdict Virtue Poker is by far the front-runner in blockchain poker. Their well thought out business plan, strong team/advisers and the three living legends for spokesmen guarantee they will at least be around for a few years to come. Success is going to first depend on building the app to perfection. And then on convincing players just how beneficial it is to move over to the Virtue platform. Our #1 value proposition is the security of player funds by not having to trust a centralized entity with the deposit or withdrawal process. (Co-Founder, Ryan Gittleson) Risks Poker players hate rake, and it looks like Virtues rake will be higher than average. This summer, they plan to implement Plasma to calculate every hand without using ETH, only sending transactions to the blockchain when players sit down and when they leave. Its still going to be pricey though and Virtue will be taking an additional rake each hand for business.-3 Gaining large scale adoption will be extremely challenging. Bovada and Americas Cardroom control the U.S. market while Pokerstars owns the rest of the world. Also, ACR recently started accepting a number of cryptocurrencies, which is one of Virtues main appeals.-3 Currently, the platforms player to player shuffle technology is only performing at 70-80 hands per hour. This is very slow compared to the mainstream sites. Players these days play for money; the more hands they can get in per hour, the more money they make. They arent going to play on Virtue if its slow and complicated. -2 They dont have a gaming license yet. Theyve been working for 18 months and are making progress in Malta and Gibraltar. They dont want to promise anything, but are very optomistic about Malta by the end of the year.-2 Growth Potential Phil Ivey, Dan Coleman and Brian Rast are constantly in the poker spotlight. They are literally the top guys in poker. They will be wearing Virtue logos as they win tournaments. Every poker player in the world will know about Virtue Poker. +4 Their solid technical team, strong management and Joe Lubin (Co-founder Ethereum/giant whale) as an adviser make it very hard to bet against this project.+4 The massive U.S. player pool has been banned from Pokerstars since 2011. They have found new sites to play on over the years, but nothing permanent. If Virtue can use their decentralized site to tap into the U.S. market, it could be glorious.+2 They are backed by ConsensSys, which is a global formation of technologists and entrepreneurs building the infrastructure applications and practices that enable a decentralized world. ConsenSys funded

ICO ICO Analysis: BeeToken Published 3 months ago on January 9, 2018 By Aakash Kawale Sharing economy has been the buzz word among VCs over the past few years. The sharing economy is a model where consumers engage in a peer to peer exchange of goods and services via an online intermediary. Services offered via sharing economy are usually cheaper than those being provided by a product-centric organization. Uber and Airbnb are the prime success stories of this model, each valued at $60 billion and $30 billion, respectively. // -- Discuss and ask questions in our community on Workplace. As good as they may seem on paper, currently available sharing economy models are ripe for disruption. In exchange for simply connecting the users, platforms like Airbnb extract high commission fees from them. While Airbnb is now valued at $30 billion, none of this value has gone back to the guests or the hosts, who have powered this growth. At the core of Bees value proposition is the Beenest platform, which is a short-term housing rental solution, directly competing with Airbnb. Beenest offers several advantages over centralized platforms like Airbnb and HomeAway, including: Low transaction fees: While the total fees on traditional platforms like Airbnb range from 10-22%, Beenest can offer the same services with a 0% commission and total transaction charge (including insurance) of around 2%. Aligned incentives: While there is no way for users of an unlisted company like Airbnb to participate in its growth, users of Beenest will benefit when the token price appreciates as the user base grows. Decentralization: Airbnb has often been accused of removing negative reviews, siding with the hosts or deleting data at will. Beenests blockchain based data ensures immutability and prevents modification of any review. Beenests rating algorithm called the reputation system, rates the users in a transparent and decentralized manner. Even the conflict resolution is decentralized, as third party arbiters (who have to stake tokens) are selected in case of conflicts. Beenest is a decentralized application created on top of Bee protocols. The protocols provide payment, arbitration and reputation functionalities and can be used to create sharing economy based decentralized applications like Beenest. Airbnb/Homeaway or maybe a ride-sharing application can use these protocols to create decentralized sharing economy applications. // -- Become a yearly Platinum Member and save 69 USD and get access to our secret group on Workplace. Click here to change your current membership -- // Beenest also faces competition from one of the blockchain based startups called CryptoBNB. We like Bee Token better than CryptoBNB (a detailed guide explaining the differences is available here). The Beenest alpha version will be released in Q1-Q2 2018. Expansion in 5+ U.S. cities will be done in 2019. Token Along with the BEE token, Ethereum/ERC20 tokens, bitcoin and fiat currencies can be used for transactions on the platform. However, the usage of BEE tokens provides some compelling advantages. Transactions on the Beenest platform will carry a 0% commission charge when BEE tokens are used. A 1% commission will be charged for payments via other cryptocurrencies while a 3.99% commission will be charged for fiat transactions. Third party entities have to stake BEE tokes to get selected as third-party arbiters. Team The team members have worked for Uber, Google and Facebook. Its amazing to see quality developers from the most sought-after organizations in the world working with the blockchain and creating decentralized applications. The world is awakening to the potential benefits of integrating blockchain in traditional use-cases. Co-Founder and CEO Jonathan Chou was formerly a lead at Uber in the Security and Fraud division, and has experience in startups with family businesses that were sold to Sun Chemical and 3M. The CTO and Co-Founder Tony Tran has over 10 years of development experience and has previously worked with Uber. The other two co-founders Ali Ayyash and Min Kim worked with Google and Civic, respectively. Min Kim is a blockchain advisor to Quantstamp, WeTrust and Bitclave, all of which are credible organizations. Verdict The potential benefits of integrating blockchain technology in traditional applications and use-cases are quite evident. The Beenest decentralized application provides some solid advantages over competitors like Airbnb with lower commission charges, user incentives and trust. Considering the market penetration of the cryptocurrencies, we all can agree that Bee Token wont be an outright disruptor of Airbnb, at least in the short to medium term. But it definitely can carve a niche for itself most in the crypto community. One of the primary concerns we have is the roadmap, which has prioritized expansion in five U.S. cities as early as next year.That being said, once the product is thoroughly tested in 2019, expansion in other regions and countries wont be much of an issue. One important point worth considering is that Bee Token is not just about the property sharing application Beenest. The team is also providing Bee protocols for anyone to develop decentralized sharing applications on the blockchain. Even though the scaling of Beenest will take some time, onboarding of dApps on Bee protocols in the near term will be a catalyst for the token valuation. Growth Potential Bee Tokens team is made up of engineers from Google, Facebook and Uber. It is one of the most tech-oriented teams that we have seen. We believe the team can deliver the product within the given timelines.+3 The project is very well conceived, and the whitepaper is detailed with technical and strategic components. +2 The sharing economy protocol can alone get a significant valuation, as many dApps would be eager to create sharing economy applications on the blockchain. +3.5 Once the business model is established and tested, scaling wont be an issue for Beenest. Airbnb operates in 65,000 cities in 195 countries. +3 Risks A Significant bonus was offered in the pre-sale (100% to private investors). The bonus tokens will be locked in for a month after listing, but still raises some concerns over a possible dump. -2 The real issues plaguing the sharing economy are around regulations with critics pointing out that the business model has an unfair advantage over traditional regulated businesses (see Uber vs. traditional taxi cabs). Bee Token does not seem to solve any of those issues and might face increased regulatory scrutiny going forward. -1 The roadmap stretches into 2020. We feel the expansion plans for Beenest are a bit slow after the initial roll out of services. -1 Disposition We arrive at a score of +7.5 out of 10 for Bee Token. All aspects of the project, i.e., the home sharing application, Beenest and the sharing economy protocols, have substantial growth potential. Investment Details Token Type: Utility Platform: Ethereum Symbol: BEE Initial value: 1 BEE = $0.14 Pre-sale: Sold out Public Sale: Jan. 31, 2018 Public Sale Bonus: No bonus Hard Cap: $15 million for 30% supply of the total 500 Million BEE tokens Jurisdictions Barred from Participating: U.S., Canada, Taiwan, Hong Kong Website:https://www.beetoken.com/ Featured image courtesy of Shutterstock. Important: Never invest (trade with) money you can't afford to comfortably lose. Always do your own research and due diligence before placing a trade. Read our Terms & Conditions here. Trade recommendations and analysis are written by our analysts which might have different opinions. Read my 6 Golden Steps to Financial Freedom here. Best regards, Jonas Borchgrevink. Rate this post: Important for improving the service. Please add a comment in the comment field below explaining what you rated and why you gave it that rate. Failed Trade Recommendations should not be rated as that is considered a failure either way. (22 votes, average: 4.64 out of 5)You need to be a registered member to rate this. Loading... Aakash Kawale 4.5 stars on average, based on 15 rated postsAakash Kawale is a financial analyst based out of Mumbai, India. He is the lead analyst at a Singapore based organization and has extensive experience of analyzing US and Indian equities. Aakash is a strong advocate of the Blockchain technology and has been analyzing cryptocurrencies since 2015. Follow @HackedCom Feedback or Requests? Related Topics:BEEerc20initial coin ofinitial coin offeringtoken sale Up Next ICO Analysis: Elpis Don't Miss ICO Analysis: InsurePal You may like ICO Analysis: ImmVRse ICO Analysis: Momentum ICO Analysis: Eligma Ether Prices Dip Below $400 for the First Time Since November ICO Analysis: NeuroChain (NCC) ICO Analysis: Elementh 1 Comment 1 Comment dloweau January 13, 2018 at 11:05 am Add up the points and you get 11.5. Take away the 4 points for the risk scoring, and you have marked the ICO as a 7.5 out of. 10! Cmon guys. its time to get serious. Log in to Reply You must be logged in to post a comment Login Leave a Reply Cancel replyYou must be logged in to post a comment. ICO ICO Analysis: ImmVRse Published 18 hours ago on April 20, 2018 By Alex Moskov ImmVRse is a blockchain-based virtual reality (VR) and augmented reality (AR) video sharing and hiring platform. Similar to YouTube, the platform allows you to like, comment, and share videos with other users but also connects creators with those who need their services (e.g. brands and advertisers). The combined VR/AR market targeted by the team is projected to reach $162 billion by 2020. // -- Discuss and ask questions in our community on Workplace. VR/AR Industry Problems Because the VR/AR space is still relatively young, there are numerous roadblocks inhibiting its growth. Primarily, content creators are spread across platforms because theres no dominant space for them to publish their work. As a brand or advertiser, this makes it difficult to connect with quality video producers. Additionally, many of the companies that are dedicated to AR/VR video sharing are highly centralized and limit who they allow to use their platform. Another hindrance to the growth of this market is the difficulty to generate revenue. Several countries have strict legislation revolving around payments, especially in overseas transactions. This, in combination with the oversaturation of video on traditional platforms, prevents quality AR/VR creators from expanding. // -- Become a yearly Platinum Member and save 69 USD and get access to our secret group on Workplace. Click here to change your current membership -- // ImmVRse Solutions ImmVRse is tackling all of these problems head-on. The team is not only building a sharing platform but a community as well. They want users to interact heavily with one another to help foster a supportive AR/VR ecosystem. To prevent restrictions on membership and content, ImmVRse uses Ethereum smart contracts for the peer-to-peer aspect of the platform. The entire jobs matching process, from inquiry to publication, is decentralized without any intermediary control. As with most other platforms implementing cryptocurrency, a large function of blockchain for ImmVRse is in their payments system. Users give and receive payments using the projects ERC20 token, IMV. Additionally, normal viewers who interact with the platform are rewarded with IMV as well. This opens up the platform to people in countries with prohibitive legislation and/or limited financial infrastructure. Finally, ImmVRse provides a unique solution to the revenue problems mentioned earlier. Because its an AR/VR dedicated platform, brands and advertisers are able to easily find the AR/VR talent theyre looking to hire for content production. One thing that stands out in the revenue model, though, is that high-value creators need to pay a monthly subscription to maintain a premium status on ImmVRse. This seems odd because theyre the driving force behind the platform. However, if the leads and value they receive from keeping their status are high enough, this may be a non-issue. Token The ImmVRse team is currently preparing for their token crowdsale but have a pre-sale announcement on May 15. No other dates have been announced yet, but the whitepaper states that the token sale will last for 6 to 8 weeks. During the ICO, the team will mint a maximum supply of 300 million IMV with no additional token creation after. IMVs are ERC20 tokens, so you can use any standard ERC20 wallet to participate in the ICO. IMV tokens will cost $0.20 with discounts to early contributors and pre-ICO participants. During the pre-ICO, tokens will have a 20% discount while early contributors can receive an additional 10% discount. The IMV token distribution is more centralized than most other projects with only one-third going to crowdsale participants. The distribution is as follows: 53% ImmVRse 33% ICO participants 10% Team and advisors 4% Rewards and bounties Creating even more centralization, only 60% of the crowdsale tokens are slotted for the public crowdsale. The remaining 40% will be distributed among private investors and pre-ICO participants. The crowdsale has a hard cap of $20 million. Team The ImmVRse team is headquartered in London and led by co-founders Farabi Shayor and Limon Rahman. Shayor has two and a half years of VR production experience alongside proficiency in Solidity development. Rahman is a seasoned entrepreneur with 14 years of financial control and management experience. Together they form a yin (product) and yang (business) combination thats great to see in a founding team. Unfortunately, the rest of the team is lacking in both AR/VR and blockchain experience. Although the technologies are new, it wouldve been nice to see a few team members with related projects under their belt. On a positive note, the team has a solid advisory board that should be able to help with any gaps in their knowledge base. Verdict The ImmVRse team is building a platform to highlight AR/VR content creators and connect them with companies looking for their services. Theyre attempting to solve some of the biggest growth problems in the video space now: censorship and profitability. Although the majority of team members dont have ample experience in key areas, the co-founders and advisory board should be able to carry them through. However, with so much of the platform revolving around quality content creation, ImmVRses decision to charge content creators for premium status may end up hurting them in the long run. Risks New market. The demand for AR/VR content is still yet to be proven. Its entirely possible that the need for this type of video is still multiple years away. Remember 3D televisions? (-1) Reliance on creators. Without happy creators, the platform has no value. Charging them for a premium status is starting off on the wrong foot. (-2) Terrible token distribution. Even if the platform becomes wildly successful, ImmVRse can just release more tokens into the ecosystem to keep the price at a reasonable level. (-3) Growth Potential Emerging market. Yes, I know I put the market as a risk, but theres huge growth potential here as well. AR/VR content has a multitude of use-cases and this market could end up being gigantic. (+5) Supportive advisers. Any expertise that the team is missing is filled in by some member of their advisory board. (+3) Multiple revenue streams. Advertising, job completion fees, creator monthly subscriptions, and numerous other things theres plenty of ways for the platform to make money. (+4) Disposition ImmVRse receives a respectable 6 out of 10. The platform is highly dependent on an industry that hasnt really broken ground yet. If AR/VR adoption is still far outside of the horizon, it may be years before ImmVRse shows value too long for a young project to survive. However, an AR/VR market boom could position ImmVRse to be the next big media platform to take the world by storm. Investment Details The ImmVRse team hasnt released any important investment details, but you can stay up-to-date with their announcements here. Symbol: IMV Platform: Ethereum Public Sale Start: N/A Price: 1 IMV = $0.20 U.S. Hard Cap: $20 million Minimum Investment: $50 U.S. Payments Accepted: ETH Jurisdictions Barred from Participation: United States Featured image courtesy of Shutterstock. Important: Never invest (trade with) money you can't afford to comfortably lose. Always do your own research and due diligence before placing a trade. Read our Terms & Conditions here. Trade recommendations and analysis are written by our analysts which might have different opinions. Read my 6 Golden Steps to Financial Freedom here. Best regards, Jonas Borchgrevink. Rate this post: Important for improving the service. Please add a comment in the comment field below explaining what you rated and why you gave it that rate. Failed Trade Recommendations should not be rated as that is considered a failure either way. (0 votes, average: 0.00 out of 5)You need to be a registered member to rate this. Loading... Alex Moskov 4.5 stars on average, based on 14 rated postsAlex Moskov is a writer and entrepreneur with a passion for building and creating awesome things. Alex has experience in music tech startups, digital marketing, and cryptocurrency investing. Follow @HackedCom Feedback or Requests? Continue Reading ICO ICO Analysis: Virtue Poker Published 2 days ago on April 19, 2018 By Joshua Larson The game of online poker has been massive ever since amateur Chris Moneymaker turned a $40 online satellite entry fee into a $2.5 million, 2003 World Series of Poker Championship win. Over the years, two massive flaws involving centralized online poker sites have come to light. In 2008, Ultimate Bet insiders stole over $20 million in players funds by using a software program called God Mode which allowed them to see the other players hole cards. In 2011, it was revealed that Full Tilt Poker (the#2 site at the time) was a giant Ponzi, involving insiders lining their own pockets with funds picked from their loyal players pool. Full Tilt was forced to shut down and players didnt see their money for over a year. New startup Virtue Poker is looking to provide solutions to both of these problems, plus many more. // -- Discuss and ask questions in our community on Workplace. Founded in 2015, Virtue Poker is putting poker on the Ethereum blockchain and using smart contracts to eliminate fraud and corruption by completely decentralizing the game. The virtue poker platform will offer several game changing features including tamper proof gaming, security of player funds, instant payouts and guaranteed tournaments. Each table is represented by a smart contract. All players send funds from their own personal digital wallets to the smart contract that serves as an escrow agent. Once the game is over the contract distributes the money back to the players wallets.All game play happens off-chain using a secure implementation of mental poker. The Virtue team also designed a revolutionary shuffle algorithm called the Two Pass Shuffle, which guarantees nobody can tamper with the cards. // -- Become a yearly Platinum Member and save 69 USD and get access to our secret group on Workplace. Click here to change your current membership -- // Learn all about the tech behind mental poker and the Two Pass Shuffle starting on page 17 of the whitepaper. Token VPP token has four utilities: It can be used as in game currency. It can be used for special tournaments. It can be earned as rakeback. It can be staked in a smart contract called a Justice Registry, which enables the staker to validate hands on the network in The Virtue platform acts as a POS platform. The nodes in the platform are called Justices. Justices are non playing peers, assigned to poker tables, who provide security and protection to players on the virtue poker network and in exchange recieve fees from players platform fees. the justices validate and submit the hand histories for storage to IPFS. The token distribution is as follows: Crowdsale 20% Second token offering after main net: 20% Marketing and development: 20% Founders: 17.2% Strategic Partners: 18.8% Advisers: 4% Approximately 40% of proceeds will be used to further platform development, 40% for marketing, 10% for legal costs, 5% for consultants, and 5% for business development and partnership In terms of price, everyone pays the same amount per token. The exact price per token will be set once the ICO is over. If the hard-cap is reached, the price will be $0.125; if they only reach soft-cap the price will be $0.06 or higher. (Contributing early doesnt give you a bonus, it just assures you get a spot in the sale.) There has never been any pre-sale or bonuses given. Every contributor gets the same deal. Team The Virtue team, advisers, and sponsored players are all rock solid. Co-Founder Ryan Gittleson (ConsenSys) is the team spokesman. He has done several YouTube interviews where he proves himself very knowledgeable and capable. Co-Founder Jim Berry has experience with NASA and a ton of tech ventures. The CMO Dan Goldman, who was the first CMO for Pokerstars, building them up to No. 1 in the world. One of their most notable advisers is Joe Lubin, who co-founded Etherum. They also have a 7+ strong tech team led by Chief Cryptographer, Iddo Bentov (Cornell). Finally, we have three poker legends to help market the site. Verdict Virtue Poker is by far the front-runner in blockchain poker. Their well thought out business plan, strong team/advisers and the three living legends for spokesmen guarantee they will at least be around for a few years to come. Success is going to first depend on building the app to perfection. And then on convincing players just how beneficial it is to move over to the Virtue platform. Our #1 value proposition is the security of player funds by not having to trust a centralized entity with the deposit or withdrawal process. (Co-Founder, Ryan Gittleson) Risks Poker players hate rake, and it looks like Virtues rake will be higher than average. This summer, they plan to implement Plasma to calculate every hand without using ETH, only sending transactions to the blockchain when players sit down and when they leave. Its still going to be pricey though and Virtue will be taking an additional rake each hand for business.-3 Gaining large scale adoption will be extremely challenging. Bovada and Americas Cardroom control the U.S. market while Pokerstars owns the rest of the world. Also, ACR recently started accepting a number of cryptocurrencies, which is one of Virtues main appeals.-3 Currently, the platforms player to player shuffle technology is only performing at 70-80 hands per hour. This is very slow compared to the mainstream sites. Players these days play for money; the more hands they can get in per hour, the more money they make. They arent going to play on Virtue if its slow and complicated. -2 They dont have a gaming license yet. Theyve been working for 18 months and are making progress in Malta and Gibraltar. They dont want to promise anything, but are very optomistic about Malta by the end of the year.-2 Growth Potential Phil Ivey, Dan Coleman and Brian Rast are constantly in the poker spotlight. They are literally the top guys in poker. They will be wearing Virtue logos as they win tournaments. Every poker player in the world will know about Virtue Poker. +4 Their solid technical team, strong management and Joe Lubin (Co-founder Ethereum/giant whale) as an adviser make it very hard to bet against this project.+4 The massive U.S. player pool has been banned from Pokerstars since 2011. They have found new sites to play on over the years, but nothing permanent. If Virtue can use their decentralized site to tap into the U.S. market, it could be glorious.+2 They are backed by ConsensSys, which is a global formation of technologists and entrepreneurs building the infrastructure applications and practices that enable

ICO ICO Analysis: DADI Published 3 months ago on January 20, 2018 By Alex Moskov DADI (Decentralized Architecture for a Democratic Internet) is a platform for decentralized cloud and web-based services. The platform uses a Decentralized Autonomous Organization (DAO) and fog computing to bring you these services in a cheaper, more secure fashion. // -- Discuss and ask questions in our community on Workplace. The project is attempting to remove the power of the behemoths (Microsoft Azure, Amazon Web Services, Google Cloud) that currently dominate the industry. These companies can have high upfront costs, and with their centralized structure, theres the potential that theyll throttle up operational costs once you become dependent on their services. DADI is ambitious, and theres a lot of things the team is trying to accomplish. Their technical white paper goes into extensive detail about numerous things, but Ill just cover a few of the interesting points here. Decentralized Web Services DADI uses a decentralized pool of Internet-connected computers to run the network and provide governance, known as fog computing. This has a few crucial benefits for the end-user: // -- Become a yearly Platinum Member and save 69 USD and get access to our secret group on Workplace. Click here to change your current membership -- // Cost Like most blockchain systems, the decentralized architecture greatly reduces hosting costs. DADI claims that the savings could be up to 90% compared to Amazon Web Services (AWS), but I couldnt find any numbers to back that up. Even at half that claim, enterprise customers could potentially save hundreds of thousands of dollars each year on their cloud computing costs. Reliability DADI ensures that your online product will be always-on. Even if one server experiences issues or has a connectivity interruption, others can take its place. The AWS hiccup of early 2017 that seemingly caused outages for the entire Internet is a great example of why this type of reliability is important. Miners There are three classifications of miners on the DADI network: Gateways Stargates Hosts Gateways contribute bandwidth to the network and are the entry point for consumer requests. They also authenticate and verify responses from Hosts. Stargates are the same as Gateways but also manage domain mapping into the DADI network. Lastly, Hosts supply the computational power needed to run the web services platform. Put more simply, Hosts help maintain the network through a Proof-of-Work system while Gateways and Stargates operate through something akin to Proof-of-Stake. The latter two need to time-lock DADI tokens in order to announce themselves to the network. DADI Token DADI is an ERC20 token that runs on the Ethereum network. 100,000,000 DADI tokens will be created during the ICO and the company wont create anymore after that. The fixed supply of tokens will circulate through the system in the form of consumer fees and miner rewards. As a consumer, you need to spend DADI tokens to use the web services. This fee is split five ways: The Host receives the majority of the payment as a reward The Gateway that the Host is connected to earns a small percentage thats taken from the Hosts reward Another portion is used to support the underlying connectivity of the network An additional small amount is given to the DADI team The remaining amount of tokens are burned Unfortunately, the whitepaper description of this distribution is fairly vague and omits the specific percentages of each split. The Team The DADI team consists of 18 full-time members. Joseph Denne leads the team as founder and CEO. Previously, he founded Airlock, an award-winning digital agency that boasts clients like BMW, Disney, and Coke. Denne brought a good chunk of his management team over from Airlock including Chris Mair (Business Strategy) and Will Lebens (Solutions and Support Team). Lebens has experience as a Non-Executive Director at the open source platform, Symphony CMS. This should help DADI with its initial emphasis on CMS web services. Although theres not much blockchain experience on the founding team, theyve brought in Technical Directors with adequate skill in distributed networks. Directors James Lambie and Francesco Iannuzzelli have over 40 years of engineering experience combined. The founding team has been working on the DADI project for the past 4 years and has contributed $2 million of direct investment. This is great, but for a project of this scope, it wouldve been more comforting to see a team comprised of ex-employees from one of the cloud computing giants mentioned earlier. Tokens and Distribution The DADI crowdsale starts on January 22, 2018, and will last for 30 days or until contributions reach the $29 million cap whichever is first. The company will mint 100,000,000 DADI tokens at the ICO, but only 60,000,000 are available for crowdsale participants. The remaining tokens will be split accordingly: 20,000,000: DADI founding team 10,000,000: DADI partners 5,000,000: Referral program 2,500,000: Ecosystem fund (network support) 2,500,000: DADI+ ops (day-to-day operations and key hires) The 20,000,000 founding team tokens are split among the 18-person team and vest over a four-year period. Assuming an even split and no change in price, this is about $140k salary for each team member. The crowdsale is split into a presale (10,000,000 tokens for $0.40 each) and public sale (50,000,000 tokens for $0.50 each). The presale begins on January 22, 2018, but registration is already closed, so theyre not accepting additional participants. The public sale begins on January 29, 2018, and you can purchase DADI tokens with Ethereum. The DADI team plans to use the proceeds from the token sale as follows: 45% Marketing and partnerships 25% Research and development 25% Infrastructure 5% Indirect costs Everything seems to be in order with the token distribution. The 20% allocation to the founding team may seem high, but when split between 18 people and distributed over 4 years, it becomes much more reasonable. The Verdict DADI is attempting to decentralize the web services market, an over $250 billion industry thats growing rapidly. To do so, the company is focusing on fog computing and smart contracts to give users a cheaper, more reliable alternative to services like AWS. The company is primarily targeting Content Management Service (CMS) users but is building out a robust platform capable of supporting all types of web-based products. The team has a rich history together and ample experience although this experience isnt with blockchain technology. A project of this magnitude may see trouble at scale without team members whove been through it all before. Risks Poor Whitepaper. The technical whitepaper is missing critical details regarding the actual costs and fee structure split of the platform. More alarming, portions of it have been proven to be blatantly copied from another project, SONM. The team has since addressed this issue attributing it to an editing mistake, but this should raise flags nonetheless. (-4) Big-time Incumbents. DADI is going up against some of the biggest businesses in the world. These companies have over 100x the resources DADI has even after their ICO. (-3) Inexperienced Team. No member of the leadership team had previously worked at one of the cloud computing giants. A project like this is bound to hit problems as the network grows and someone with that type of experience would better know how to handle them. (-3) Growth Potential Gigantic Market. The web services market is projected to reach close to $400 billion by 2020. If DADI and decentralized hosting become the new paradigm, even a small portion of that would mean big returns. (+6) Working Product. DADI has something going for it that most other ICOs dont customers on a functional product. The company is receiving over $150k of monthly recurring revenues from large-scale clients like Virgin. (+5) Self-funded. The founders have operated DADI for four years without taking any outside investment. This commitment brings legitimacy to the project. Combined with the vesting schedule of the founders tokens, its unlikely that the team will disappear with your contribution. (+3) Disposition Our final score comes out to +4 out of 10. This isnt to say that DADI is a bad project, though. The company has clearly seen some success with clients and sizeable monthly revenue numbers. But this begs the question, Why the need for an ICO? Adding a token to an already working system seems like it may just complicate things. If it aint broke, dont fix it. All that said, this project is a classic moonshot. If the team is successful, the entire cloud computing industry is in for a shakeup and DADI should be standing tall when the dust settles. Like all ambitious projects, though, the risk of failure is high, and Im just not sure the DADI team are the right people for the job. Investment Details The DADI public crowdsale begins on January 29th, 2018 and ends on February 20th, 2018. To contribute to the ICO, you can register here. Featured image courtesy of Shutterstock. Important: Never invest (trade with) money you can't afford to comfortably lose. Always do your own research and due diligence before placing a trade. Read our Terms & Conditions here. Trade recommendations and analysis are written by our analysts which might have different opinions. Read my 6 Golden Steps to Financial Freedom here. Best regards, Jonas Borchgrevink. Rate this post: Important for improving the service. Please add a comment in the comment field below explaining what you rated and why you gave it that rate. Failed Trade Recommendations should not be rated as that is considered a failure either way. (6 votes, average: 4.17 out of 5)You need to be a registered member to rate this. Loading... Alex Moskov 4.5 stars on average, based on 14 rated postsAlex Moskov is a writer and entrepreneur with a passion for building and creating awesome things. Alex has experience in music tech startups, digital marketing, and cryptocurrency investing. Follow @HackedCom Feedback or Requests? Related Topics:DAOinitial coin offering Up Next ICO Analysis: Feast Coin Don't Miss ICO Analysis: ArcBlock You may like ICO Analysis: ImmVRse ICO Analysis: Momentum ICO Analysis: Eligma ICO Analysis: NeuroChain (NCC) ICO Analysis: Elementh ICO Analysis: TrustedHealth Click to comment You must be logged in to post a comment Login Leave a Reply Cancel replyYou must be logged in to post a comment. ICO ICO Analysis: ImmVRse Published 10 hours ago on April 20, 2018 By Alex Moskov ImmVRse is a blockchain-based virtual reality (VR) and augmented reality (AR) video sharing and hiring platform. Similar to YouTube, the platform allows you to like, comment, and share videos with other users but also connects creators with those who need their services (e.g. brands and advertisers). The combined VR/AR market targeted by the team is projected to reach $162 billion by 2020. // -- Discuss and ask questions in our community on Workplace. VR/AR Industry Problems Because the VR/AR space is still relatively young, there are numerous roadblocks inhibiting its growth. Primarily, content creators are spread across platforms because theres no dominant space for them to publish their work. As a brand or advertiser, this makes it difficult to connect with quality video producers. Additionally, many of the companies that are dedicated to AR/VR video sharing are highly centralized and limit who they allow to use their platform. Another hindrance to the growth of this market is the difficulty to generate revenue. Several countries have strict legislation revolving around payments, especially in overseas transactions. This, in combination with the oversaturation of video on traditional platforms, prevents quality AR/VR creators from expanding. // -- Become a yearly Platinum Member and save 69 USD and get access to our secret group on Workplace. Click here to change your current membership -- // ImmVRse Solutions ImmVRse is tackling all of these problems head-on. The team is not only building a sharing platform but a community as well. They want users to interact heavily with one another to help foster a supportive AR/VR ecosystem. To prevent restrictions on membership and content, ImmVRse uses Ethereum smart contracts for the peer-to-peer aspect of the platform. The entire jobs matching process, from inquiry to publication, is decentralized without any intermediary control. As with most other platforms implementing cryptocurrency, a large function of blockchain for ImmVRse is in their payments system. Users give and receive payments using the projects ERC20 token, IMV. Additionally, normal viewers who interact with the platform are rewarded with IMV as well. This opens up the platform to people in countries with prohibitive legislation and/or limited financial infrastructure. Finally, ImmVRse provides a unique solution to the revenue problems mentioned earlier. Because its an AR/VR dedicated platform, brands and advertisers are able to easily find the AR/VR talent theyre looking to hire for content production. One thing that stands out in the revenue model, though, is that high-value creators need to pay a monthly subscription to maintain a premium status on ImmVRse. This seems odd because theyre the driving force behind the platform. However, if the leads and value they receive from keeping their status are high enough, this may be a non-issue. Token The ImmVRse team is currently preparing for their token crowdsale but have a pre-sale announcement on May 15. No other dates have been announced yet, but the whitepaper states that the token sale will last for 6 to 8 weeks. During the ICO, the team will mint a maximum supply of 300 million IMV with no additional token creation after. IMVs are ERC20 tokens, so you can use any standard ERC20 wallet to participate in the ICO. IMV tokens will cost $0.20 with discounts to early contributors and pre-ICO participants. During the pre-ICO, tokens will have a 20% discount while early contributors can receive an additional 10% discount. The IMV token distribution is more centralized than most other projects with only one-third going to crowdsale participants. The distribution is as follows: 53% ImmVRse 33% ICO participants 10% Team and advisors 4% Rewards and bounties Creating even more centralization, only 60% of the crowdsale tokens are slotted for the public crowdsale. The remaining 40% will be distributed among private investors and pre-ICO participants. The crowdsale has a hard cap of $20 million. Team The ImmVRse team is headquartered in London and led by co-founders Farabi Shayor and Limon Rahman. Shayor has two and a half years of VR production experience alongside proficiency in Solidity development. Rahman is a seasoned entrepreneur with 14 years of financial control and management experience. Together they form a yin (product) and yang (business) combination thats great to see in a founding team. Unfortunately, the rest of the team is lacking in both AR/VR and blockchain experience. Although the technologies are new, it wouldve been nice to see a few team members with related projects under their belt. On a positive note, the team has a solid advisory board that should be able to help with any gaps in their knowledge base. Verdict The ImmVRse team is building a platform to highlight AR/VR content creators and connect them with companies looking for their services. Theyre attempting to solve some of the biggest growth problems in the video space now: censorship and profitability. Although the majority of team members dont have ample experience in key areas, the co-founders and advisory board should be able to carry them through. However, with so much of the platform revolving around quality content creation, ImmVRses decision to charge content creators for premium status may end up hurting them in the long run. Risks New market. The demand for AR/VR content is still yet to be proven. Its entirely possible that the need for this type of video is still multiple years away. Remember 3D televisions? (-1) Reliance on creators. Without happy creators, the platform has no value. Charging them for a premium status is starting off on the wrong foot. (-2) Terrible token distribution. Even if the platform becomes wildly successful, ImmVRse can just release more tokens into the ecosystem to keep the price at a reasonable level. (-3) Growth Potential Emerging market. Yes, I know I put the market as a risk, but theres huge growth potential here as well. AR/VR content has a multitude of use-cases and this market could end up being gigantic. (+5) Supportive advisers. Any expertise that the team is missing is filled in by some member of their advisory board. (+3) Multiple revenue streams. Advertising, job completion fees, creator monthly subscriptions, and numerous other things theres plenty of ways for the platform to make money. (+4) Disposition ImmVRse receives a respectable 6 out of 10. The platform is highly dependent on an industry that hasnt really broken ground yet. If AR/VR adoption is still far outside of the horizon, it may be years before ImmVRse shows value too long for a young project to survive. However, an AR/VR market boom could position ImmVRse to be the next big media platform to take the world by storm. Investment Details The ImmVRse team hasnt released any important investment details, but you can stay up-to-date with their announcements here. Symbol: IMV Platform: Ethereum Public Sale Start: N/A Price: 1 IMV = $0.20 U.S. Hard Cap: $20 million Minimum Investment: $50 U.S. Payments Accepted: ETH Jurisdictions Barred from Participation: United States Featured image courtesy of Shutterstock. Important: Never invest (trade with) money you can't afford to comfortably lose. Always do your own research and due diligence before placing a trade. Read our Terms & Conditions here. Trade recommendations and analysis are written by our analysts which might have different opinions. Read my 6 Golden Steps to Financial Freedom here. Best regards, Jonas Borchgrevink. Rate this post: Important for improving the service. Please add a comment in the comment field below explaining what you rated and why you gave it that rate. Failed Trade Recommendations should not be rated as that is considered a failure either way. (0 votes, average: 0.00 out of 5)You need to be a registered member to rate this. Loading... Alex Moskov 4.5 stars on average, based on 14 rated postsAlex Moskov is a writer and entrepreneur with a passion for building and creating awesome things. Alex has experience in music tech startups, digital marketing, and cryptocurrency investing. Follow @HackedCom Feedback or Requests? Continue Reading ICO ICO Analysis: Virtue Poker Published 1 day ago on April 19, 2018 By Joshua Larson The game of online poker has been massive ever since amateur Chris Moneymaker turned a $40 online satellite entry fee into a $2.5 million, 2003 World Series of Poker Championship win. Over the years, two massive flaws involving centralized online poker sites have come to light. In 2008, Ultimate Bet insiders stole over $20 million in players funds by using a software program called God Mode which allowed them to see the other players hole cards. In 2011, it was revealed that Full Tilt Poker (the#2 site at the time) was a giant Ponzi, involving insiders lining their own pockets with funds picked from their loyal players pool. Full Tilt was forced to shut down and players didnt see their money for over a year. New startup Virtue Poker is looking to provide solutions to both of these problems, plus many more. // -- Discuss and ask questions in our community on Workplace. Founded in 2015, Virtue Poker is putting poker on the Ethereum blockchain and using smart contracts to eliminate fraud and corruption by completely decentralizing the game. The virtue poker platform will offer several game changing features including tamper proof gaming, security of player funds, instant payouts and guaranteed tournaments. Each table is represented by a smart contract. All players send funds from their own personal digital wallets to the smart contract that serves as an escrow agent. Once the game is over the contract distributes the money back to the players wallets.All game play happens off-chain using a secure implementation of mental poker. The Virtue team also designed a revolutionary shuffle algorithm called the Two Pass Shuffle, which guarantees nobody can tamper with the cards. // -- Become a yearly Platinum Member and save 69 USD and get access to our secret group on Workplace. Click here to change your current membership -- // Learn all about the tech behind mental poker and the Two Pass Shuffle starting on page 17 of the whitepaper. Token VPP token has four utilities: It can be used as in game currency. It can be used for special tournaments. It can be earned as rakeback. It can be staked in a smart contract called a Justice Registry, which enables the staker to validate hands on the network in The Virtue platform acts as a POS platform. The nodes in the platform are called Justices. Justices are non playing peers, assigned to poker tables, who provide security and protection to players on the virtue poker network and in exchange recieve fees from players platform fees. the justices validate and submit the hand histories for storage to IPFS. The token distribution is as follows: Crowdsale 20% Second token offering after main net: 20% Marketing and development: 20% Founders: 17.2% Strategic Partners: 18.8% Advisers: 4% Approximately 40% of proceeds will be used to further platform development, 40% for marketing, 10% for legal costs, 5% for consultants, and 5% for business development and partnership In terms of price, everyone pays the same amount per token. The exact price per token will be set once the ICO is over. If the hard-cap is reached, the price will be $0.125; if they only reach soft-cap the price will be $0.06 or higher. (Contributing early doesnt give you a bonus, it just assures you get a spot in the sale.) There has never been any pre-sale or bonuses given. Every contributor gets the same deal. Team The Virtue team, advisers, and sponsored players are all rock solid. Co-Founder Ryan Gittleson (ConsenSys) is the team spokesman. He has done several YouTube interviews where he proves himself very knowledgeable and capable. Co-Founder Jim Berry has experience with NASA and a ton of tech ventures. The CMO Dan Goldman, who was the first CMO for Pokerstars, building them up to No. 1 in the world. One of their most notable advisers is Joe Lubin, who co-founded Etherum. They also have a 7+ strong tech team led by Chief Cryptographer, Iddo Bentov (Cornell). Finally, we have three poker legends to help market the site. Verdict Virtue Poker is by far the front-runner in blockchain poker. Their well thought out business plan, strong team/advisers and the three living legends for spokesmen guarantee they will at least be around for a few years to come. Success is going to first depend on building the app to perfection. And then on convincing players just how beneficial it is to move over to the Virtue platform. Our #1 value proposition is the security of player funds by not having to trust a centralized entity with the deposit or withdrawal process. (Co-Founder, Ryan Gittleson) Risks Poker players hate rake, and it looks like Virtues rake will be higher than average. This summer, they plan to implement Plasma to calculate every hand without using ETH, only sending transactions to the blockchain when players sit down and when they leave. Its still going to be pricey though and Virtue will be taking an additional rake each hand for business.-3 Gaining large scale adoption will be extremely challenging. Bovada and Americas Cardroom control the U.S. market while Pokerstars owns the rest of the world. Also, ACR recently started accepting