Back in the ICO boom of late 2017 and 2018, it was too easy for anyone to enter the crypto space with little more than a white paper and a sales pitch. However, once their ICO was over and the spending sprees started, even the most well-intentioned projects struggled to sustain themselves. A quick browse through Deadcoins shows that many simply burned through their funds and ultimately never brought a product to market.
Now, the crypto market is starting to grow up. The community has been burned by too much hype around useless niche products too many times. Therefore, the pressure is on tech startups to demonstrate they have solid business acumen together with a sustainable plan for the future.
As more and more Mainnets launch, there is also increasing recognition of the importance of interoperability. A standalone product is like a lone tree in a lightning storm, prone to being hit.
Interoperability means becoming an integral part of a thriving blockchain-based ecosystem. Those who understand the importance of developing this ecosystem are the ones who stand the best chance of surviving in the long term.
Here’s an overview of three companies with a strong focus on playing the long game and driving towards an interoperable ecosystem.
Polymath
A significant factor that led to the explosion of ICOs in 2017 and 2018 was the existence of the ERC-20 token standard. Now, regulatory clampdowns mean ICO’s will be treated as securities. Therefore, many startups are turning to the security token offering (STO) as a means of crowdfunding.
Polymath is aiming to replicate the success of ERC-20 through its own offering, the ST-20 token standard. This provides a compliant means for founders to fund their visions, and as it stands, over 100 tokens have already launched using Polymath. It’s a complete turnkey solution for running an STO without falling foul of the regulators.
At the recent Consensus 2019 event in New York City, Polymath confirmed that it will develop a separate blockchain for regulation-compliant tokens with Ethereum co-founder and Cardano developer Charles Hoskinson.
Polymath also operates a treasury. The company has locked up 75 million of its own tokens for five years. This treasury approach provides a long-term, sustainable option for funding future endeavors.
ChangeNOW
ChangeNOW offers non-custodial crypto exchange services without limits or registration required. Using ChangeNOW, a user can trade in their chosen cryptos in just five easy steps with no hassle. They simply select their tokens for selling and buying, and the interface determines the best available rate at the time. The user receives the address for sending funds and provides their own address for receipt. It’s that simple.
ChangeNOW is working hard on establishing many partnerships across the crypto landscape. It has relationships with exchanges including Binance, Bittrex, and Bitfinex, and wallet providers such as Ledger, Trezor, and Atomic Wallet. The company recently received the endorsement of Binance CEO Changpeng Zhao (CZ) for it’s NOW token to become one of the first listed on the newly launched Binance DEX.
The company has also been rolling out a series of innovative features for its users. It now offers a zero-fee public Lightning node, which enables instant payments and cross-chain atomic swaps. It also has a service called NOWpayments, which allows vendors to start accepting cryptocurrency payments through a native integration to their platform, or through a widget.
For startups which want to swap out their ICO tokens to ones issued on their own main net, ChangeNOW also offers a dedicated token migration service. Finally, in keeping with the growing trend of exchanges operating a loyalty program, ChangeNOW will also be opening up its VIP Lounge, which provides premium benefits to members.
LiquidApps
LiquidApps exists to remove barriers to dApp adoption, both for users and developers. It’s achieving this through the operation of its DAPP Network, the backbone of which is the Dapp Service Provider (DSP) and the DAPP token.
A DSP can be any individual or entity which meets the requirement for becoming an EOS block producer. A DSP can then sell services over the DAPP Network in exchange for DAPP tokens.
LiquidApps is rolling out services thick and fast. The first was vRAM, which is compatible with EOS RAM but without the limitations and consequent supply-and-demand challenges of the latter. Next up was vAccounts, which allows developers to offer a dApp-specific account for new users, removing the requirement for users to have to buy RAM to open an EOS account.
Now the company is offering a host of new services, which includes the potential for inter-blockchain communication with its new ChainOracle XIBC service. It allows developers to bring in sources of external information (for example, from other blockchains or even the internet) to their dApp, which has previously been challenging due to the deterministic requirements of a blockchain. Using the LiquidApps solution, external data can be verified by a DSP in such a way as to retain the integrity of the network and root out bad actors.
By enabling communication between blockchains in this way, LiquidApps is aiding the development of an interoperable ecosystem. In turn, the company is carving out a role for itself in that ecosystem long into the future.
Summary
These three companies are leading the way in taking a long-term view alongside working to build a flourishing blockchain ecosystem. These developments are reliable indicators that the days of the crypto wild west are coming to an end, and the sector is now entering the next stage of maturity. This growth can only work for the benefit of all participants.
The post After the Wild West, the Next Generation of Crypto Companies are Advancing the Industry appeared first on AMBCrypto.
Source: AMB Crypto
Category: No Index
BitMart Labs will co-host 2019 Block Plus Summit Series 2 during New York City blockchain week
On May 11, BitMart Labs, an international blockchain incubator launched by BitMart Exchange, will Co-host the 2019 Block Plus Summit Series 2 in New York during the New York City Blockchain Week when the Consensus will take place.
Other co-hosts are Spark Digital Capital, a leading NY based blockchain investment company, Asian American Bar Association of New York [AABANY] and BlockTalk, a community focused social media app.
The conference’s panel discussion topics involve blockchain research, technology, state of blockchain, the landscape of Security Token Offering [STO] market, platform wars and privacy protection in blockchain, Investment insights in blockchain and secondary trading at STO.
The event aims to bring together the elites of the blockchain industry from top entrepreneurs, exchange platforms, advisory firms, and law firms to share valuable insights on challenges and solutions associated with STO, blockchain application in the traditional financial market and the second wave of Dapp development.
The event agenda is packed with insights from industry leaders including Joel S. Telpner, Partner at Sullivan & Worcester LLP, Jason Qiao, Chief Ecosystem Officer of PlatOn, Lee Schneider, General Counsel of Block.one, Samuel Proctor, Co-founder and CEO of Genesis Block, Danling Jiang, Associate Professor of Finance at the College of Business, Stony Brook University, Michael Gord, CEO of MLG Blockchain, Anthurine Xiang, CMO at QuarkChain, Stephen Tse, CEO of Harmony and Sean Lippel from Fintech Collective.
Sheldon Xia, Founder, and CEO of BitMart, stated,
“The traditional financial players are embracing the blockchain technology. This fusion will fundamentally shape the landscape of the global financial market and I hope BitMart could contribute with its Asian and international presence.”
About BitMart Labs
BitMart Labs is an international blockchain incubation platform launched by the premier global digital asset trading platform BitMart.
BitMart collaborates with the world’s top funds in providing a variety of powerful services, including technical and marketing solutions for high-quality projects, so as to help the development and incubation of potential projects.
BitMart Labs is dedicated to selecting quality projects with the strictest standards and elevating them to the next level.
About BitMart
BitMart is a premier global digital asset trading platform with over 700,000 users worldwide. BitMart currently offers 211 trading pairs with some of the lowest trading fees in the market.
About Spark Digital Capital
Spark Digital Capital is a leading NY based family office that invests in Blockchain-enabled companies. Our team is led by senior management from top global investment banks and technology company such as Bank of America Merrill Lynch, Barclays, and Seagate.
Our partners and portfolio including but not limited to Fetch.AI, Celer Network, Matic Network, Certik, Quarkchain, and Content box.
About Block Talk
Block Talk is a fast-growing blockchain media based in New York City. The main target of Block Talk is to distribute the core insight in blockchain technology & cryptocurrency space and trying to establish a healthier networking center based on the ever-changing blockchain industry. It will help people get involved in this community by providing online/offline blockchain workshops.
The post BitMart Labs will co-host 2019 Block Plus Summit Series 2 during New York City blockchain week appeared first on AMBCrypto.
Source: AMB Crypto
How to protect users assets on a blockchain – The Nebulas approach
On April 26th, 2019, RChain posted a blog message stating that their president, Greg Meredith held a meeting with potential investors in Spain during the weekend of April 20, 2019. After a KYC approval, funds from the investor entered 3rd party escrow and RChain distributed 11 million RHOC tokens to the buyers wallet address. Shortly after, it was found out that the buyers fund deposit was fraudulent. Immediately following these events, RChain proceeded to contact the FBI, local Spanish authorities as well as the exchange KuCoin to block the distribution of these illegally obtained tokens. At this point, RChain which claims to be building “Ethereum 2.0” is once again on the verge of collapse. Just last month on March 5th, RChain held a discussion with its board of directors to discuss bankruptcy liquidation.
The events that took place is not a one-time occurrence within the blockchain ecosystem and in fact, blockchain technology has given birth to a new class of scammers. Looking back at cases of asset theft within the blockchain world: the DAO attack which is one of the most well known attacks resulted in the loss of over 60 million dollars worth of Ethereum; In 2018, hackers attacked IOTA and made off with approximately 4 million dollars worth of digital assets; EOS was also victim due to an exploit in a smart contract resulted in the loss of millions of dollars; the exchange Coincheck in Japan was attacked and lost a staggering $534 million dollars due to a fraudulent transfer and this is just the tip of a very large iceberg. According to Beosin [Chengdu Chain Security], there were nearly 100 global security incidents within blockchain during 2018 with a loss exceeding $2 billion USD!
As for the case with RChain, which was at one time the world’s top 30 cryptocurrency-based on market capital quickly went to the very edge of bankruptcy. Is there a root cause of asset loss within the blockchain? RChain is highly diversified in terms of technology, team and ecological framework. They have even announced ecological partnerships with Reflective Ventures and Pithia Inc.; however, one thing that cannot be ignored is that via a survey of the of RChain community, many believe that decisions from their president have caused huge losses to the project.
When looking back at theft within exchanges and other blockchain projects, the cause is not always due to an error by executive decision-makers or technical mistakes. When these issues arise, the solution for many projects is to attempt recovery, freeze the digital assets via blacklisting the fraudulent address and to work with exchanges to make it near impossible for the thief to liquidate the stolen assets.
Many of these issues have occurred due to human error and not fully ensuring the ownership of each users digital assets within the project. Basically, it stems from a lack of respect for the asset holders. However, within the blockchain world, Nebulas believes that each user is sacred and secure ownership of their digital assets is a fundamental right.
On April 15th, 2019, the Nebulas mainnet network was upgraded to version 2.0 and Nebulas NOVA was officially launched. At a press conference during the release, co-founder Aero Wang said that
“The assets of the token holders are inviolable and are required to maintain the normal operation of the Nebulas ecosystem.”
Within the Nebulas blockchain, the sole unit of governance is the address of the main network and there are three fundamental rights for all address on Nebulas:
First, the right to own and utilize assets on Nebulas;
Second, the right to initiate a proposal;
Third, the right to vote.
The Nebulas co-founder gave an example at the press conference:
“Suppose you have bitcoin and one day Bitcoin suffers a large scale attack. The result is that your assets have been hijacked or seized. Is this situation unfortunate? Through blockchain, assets are guaranteed by power; is this the biggest meaning?”
His belief is that this is not the case because all assets, including legal currency, are not completely protected by power.
“According to the consensus of all participants, Nebulas will guarantee and ensure that the legitimacy of assets come from consensus and not just from a single entity. If one day the Nebulas mainnet encounters a 51% attack, we would have to roll back the network to retain full legitimacy. In truth, this issue is beyond technology. My private key has not been lost, I am a legitimate participant, my assets have been hijacked and of course, I have the right to have them returned. In this scenario, technical abilities can justify a network rollback. No one within Nebulas can freeze your assets. Your assets belong to you and this right is sacred and inviolable.”
The process of creating an on-chain economy needs to be decided by all users within that network via a fair and transparent system. As of April 23, 2019, on-chain voting went live with two important proposals: The first proposal titled “Gas fee” proposes a modification to the current network transaction fee from 106 wei to 2×1010 wei which will assure network security by mitigating potential DDos attacks and will provide assurance for the future ecological development of Nebulas.
The second proposal titled “Arthur proposal” proposes a modification to all parameters/functions of Nebulas Rank [NR] and Developer Incentive Protocol [DIP]. If approved, the parameters related to NR and Developer Incentive Protocol [DIP] will be determined by community members and developers. With these modifications integrated, users will be able to better participate in the ecological development of Nebulas.
Many wonder how the Nebulas blockchain will be upgraded once proposals are approved. To complete the implementation of proposals, Nebulas will utilize its Nebulas Blockchain Runtime Environment [NBRE] which allows for the autonomous upgrade of the network without human intervention. Once proposals are approved by the global community, any revised code is reviewed, approved and essentially uploaded to the network via a signed transaction containing the improved code.
By competing upgrades in this manner, the entire community must decide together and come to a consensus which demonstrates how Nebulas considers the rights of each and every user. Moreover, in the future, community members can continue to propose more technical proposals and even have them committed without any central authority intervention which is a long-term goal of Nebulas’ decentralization plan.
The post How to protect users assets on a blockchain – The Nebulas approach appeared first on AMBCrypto.
Source: AMB Crypto
BitMart “Vote for Your Coin – Round 7” Vote on the Blockchain with Your First Vote Free!
BitMart Exchange, a premier global digital asset trading platform, recently announced their “Vote for Your Coin -Round 7” campaign. As before, BitMart is cooperating with Atlas Protocol [ATP] to ensure a transparent and trustworthy process by utilizing blockchain interaction.
BitMart has successfully conducted “Vote for Your Coin” campaigns for six rounds. Not only the project with the most votes will be listed on BitMart for free, but also the second, third and fourth-ranked projects can receive the corresponding listing fee discounts. For all other participants, if their votes reach at least 20% of the votes that No.1 project gets, they can also receive 20% off towards listing fees.
The campaign is ongoing from 10:00 AM April 24th to 10:00 AM May 8th [EDT]. Every day each user will be given 24 free votes [1 free vote per hour]. Additionally, users can also spend BMX to vote [1 BMX = 1 vote], up to 500 votes per day. Therefore, each user can vote a total number of 524 votes [24 free votes + 500 paid votes] every day. There’s no limit to the number of projects users can vote per day.
During the campaign period, new users will receive 100 BMX for sign-up bonus using the invitation code “Vote7”. The BMX earned from registration will be locked in users’ account until they have completed a transaction greater than or equal to 0.01 BTC. The ATP voting system will investigate and analyze all the votes when the campaign is over. After ensuring the voting data is clean and accurate, BitMart will publish the listing announcement for the winning project.
Here are the eight projects participating in BitMart “Vote for Your Coin – Round 7” [in no particular order]:
Mils Token [MILS]
Mils Token is a blockchain-based decentralized traveling service system. The ecosystem links traveling related entities globally and provides transparent, economical, trustable and offerable traveling services.
Playchip [PLA]
PlayChip will deliver the world’s first fully-integrated, blockchain enabled global fantasy sports, online sports betting and gaming ecosystem. The PlayChip Utility Token is a universal gaming token specifically designed for use as a payment and rewards system for gaming and wagering.
SparkPoint [SRK]
SparkPoint Ecosystem is a decentralized payment gateway with integrated crypto exchanges, blockchain based e-learning, gaming, and online stores.
Ternio [TERN]
Ternio provides white-label technology giving blockchain and cryptocurrency real-world application. Ternio’s BlockCard enables card holder’s to spend their BTC, ETH, XLM, BCH, or LTC at 40 million merchants worldwide.
Uncloak [UNC]
Uncloak is the world’s first blockchain powered cyber threat solution, putting businesses one step ahead of hackers.
Verisafe [VSF]
VeriSafe will be the standard for scam prevention and investor protection in the blockchain industry. The VeriSafe platform will host only the highest quality ICOs, IEOs, and established projects, requiring the projects adhere to VeriSafe’s strict transparency model.
WEBN Token [WEBN]
WEBN token aiming to develop a currency with real-utility demand for tomorrow’s digital world. It can be used as a payment method to purchase website development, systems, graphic designs, logo, icon, videos and electronic products.
ZEON Network [ZEON]
ZEON is the world’s first decentralized blockchain platform with unique features that prevent fraud in the industry. It provides decentralized financial services and insurance services on the blockchain, aiming to minimize users’ risk.
About BitMart
BitMart is a premier global digital asset trading platform in the cryptocurrency market with over 700,000 users worldwide and ranks among the top 5 crypto exchanges on CoinMarketCap. BitMart currently offers 211 trading pairs with one of the relatively low trading fees in the market. BitMart’s daily trading volume ranges from $800,000,000 to $1,000,000,000 USD and total trading volume has reached over $55,000,000,000 USD since launching in March 2018.
To learn more about BitMart, visit their Website, Twitter or join their Telegram.
The post BitMart “Vote for Your Coin – Round 7” Vote on the Blockchain with Your First Vote Free! appeared first on AMBCrypto.
Source: AMB Crypto
Ontology’s VBFT Algorithm sets new standard for blockchain consensus
Ontology introduced its VBFT consensus algorithm last year and the project has continued to build momentum over the past several months. This is big news in the world of blockchain as the PoWand BFT consensus algorithms are what most mainstream public chains are using today.
Ontology hopes that the VBFTalgorithm will replace those commonly used, as they believe they have solved some of the major problems that lie within them. VBFT improves on the performance and scalability of public chains all while guaranteeing the randomness and fairness of a consensus network.
Other algorithms have been known to cause problems that hinder both the performance and the scalability of public chains.
Ontology’s improved platform will help dApp developers harness their creativity to its maximum potential and remove limitations imposed by inefficient algorithms with poor performance.
As the dApp developers lie at the center of the blockchain ecosystem, Ontology believes that the changes they are implementing will provide greater flexibility and further the ability of the developers to create new and innovative applications.
Constant improvements are being made to VBFT, and large-scale and long-term practices are in progress to track the performance of this new consensus mechanism.
Currently, the unreliability of nodes and the instability of communication between nodes suggests a problem with most consensus algorithms.
That problem is consistency. However, with Ontology’s new consensus algorithm, multiple unreliable node groups can be built into a reliable distributed system to achieve stability of data sets and improve system reliability. The blockchain, a decentralized peer-to-peer network, relies on the consensus algorithm to enable the order of transaction processing among the dispersed nodes.
The consensus algorithm also provides functionality for the incentive [i.e. mining] and governance models of the system.
Consensus algorithms have different fault tolerance capabilities and can be classified as Crash Fault Tolerance [CFT] or Byzantine Fault Tolerance [BFT] based on their node failure response. The CFT algorithm only ensures the reliability of the distributed system when nodes have downtime; when nodes violate consensus protocol, reliability is compromised.
For these reasons, the CFT algorithm is more applicable in the closed distributed system of the enterprise. With the BFT algorithm, so long as errors occur within a pre-defined ratio of nodes, the system is reliable. As a result, BFT-based algorithms, such as Ontology’s VBFT, are more suitable for the open distributed systems of public blockchains.
The consensus algorithm can further be divided into three types: synchronous, semi-synchronous, and asynchronous. A synchronous consensus algorithm requires that messages within a system can reach all nodes within a known amount of time. Naturally, it is mainly used in networks of limited scale.
An asynchronous algorithm removes the condition of messages reaching all nodes within a certain timeframe. However, asynchronous algorithms present problems guaranteeing the final result of consensus. For this reason, asynchronous algorithms are inefficient and have limited applications in this area.
A semi-synchronous algorithm, as the name suggests, ensures a relationship exists between the probability and delay for messages reaching consensus nodes within a set time. Today, most mainstream blockchains, including Ontology’s VBFT, are based on a semi-synchronous network model.
So, what is VBFT exactly?
VBFT is a new consensus algorithm that combines PoS (Proof of Stake), VRF [Verifiable Random Function], and BFT. VBFT is the core consensus algorithm of the Ontology Consensus Engine. Ontology’s core network is comprised of two main components.
The consensus network consists of the consensus nodes that are responsible for maintaining the blockchain, generating blocks, distributing consensus blocks to synchronous node networks, and overseeing transaction requests.
The second component of Ontology’s core network is the consensus candidate network which remains synchronized with the consensus network and continuously updates the consensus blocks on the blockchain. This all happens in real time which helps Ontology achieve top performance without sacrifice.
The candidate networks also validate consensus blocks, monitor the consensus network status, and assist in managing the Ontology network. It is also important to note that the size of the consensus network is managed through a consensus network smart contract which is beneficial for both the producer and consumers of this technology.
VBFT works by first selecting consensus candidate nodes within the Ontology network. Block verification and confirmation nodes are set, and then consensus is ultimately completed by aselected node group.
This ensures that theplatform always provides sufficient randomness and fairness to the users involved. All nodes in the network eventually receive the consensus result of the confirmation node before starting a new round of consensus. This ensures that the algorithm runs smoothly, quickly, and continuously.
Ontology’s consensus network is built by the Ontology Consensus Management Smart Contract, which runs permanently on the network. It provides regular updates to the node list in the consensus network and updates the VBFT algorithm. This provides the user with an up to date experience every time they use the platform.
After testing the VBFT algorithm, Ontology produced results that surpassed the results of other mainstream public chains in terms of efficiency, consensus confirmation time, resource consumption, and manageability.
Their network also contained the fewest malicious nodes. In April of this year, Ontology improved the network by increasing the number of consensus nodes from seven to eight.
Development of mainstream consensus algorithms continues to follow a trend to improve the performance, scalability, and decentralization of public blockchains. Ontology’s VBFT consensus has similar goals and has already made significant strides in improving the effectiveness and performance of blockchain ecosystems.
It is clear, with all the work that has gone into Ontology, this high-performance consensus algorithm is certainly ready to meet the needs of all businesses.
The post Ontology’s VBFT Algorithm sets new standard for blockchain consensus appeared first on AMBCrypto.
Source: AMB Crypto
SignRequest introduces blockchain-backed electronic signatures with LTO Network
SignRequest, one of Europe’s leading electronic signing providers, added a new blockchain solution to its electronic signature application. By integrating the Dutch-based blockchain platform LTO Network, they enable blockchain technology as an option for more than 1 million users worldwide, resulting in over 300,000 monthly transactions on LTO Network public chain.
Over the last few years, the adoption of the digital signature has seen an immense rise in the corporate landscape. Whereas just years ago, scanners and couriers had a significant part in the concluding of a ‘wet signature’ agreement, the digital signature has become embedded widely in finance and legal departments.
Industries that are traditionally slow on widely adopting new technologies, with digital signatures appearing to be the exception to this rule.
This multi-billion dollar industry with a 31% per year compound annual growth rate shows the stretch that this technology still has to offer.
With the future in mind, in which novel solutions allow digital signatures to become digital workflows that save money, increase efficiency and move businesses forward, these projected growth numbers even seem rather conservative.
Michaël Krens, CTO of SignRequest remarked,
“Using the blockchain for Proof-of-Existence for electronic signatures just makes sense and is already happening. When we researched blockchain platforms, LTO Network stood out in terms of speed, set-up, and capabilities. We are able to include the blockchain transaction identifier directly into our signing logs which are circulated upon signing without the need to wait minutes for confirmations. Next, to that, the potential of creating decentralized workflows did the trick to add the LTO Network solution as an option to our users.”
Rick Schmitz, CEO of LTO Network mentioned,
“The LTO public blockchain is optimized for anchoring transactions, making it light and effective. Using the so-called Bitcoin-NG protocol, the network pre-approves transactions instantly before the hashes are stored on LTO Network. This makes the LTO Network ideal for Proof-of-Existence on documents, emails, and other off-chain data.”
To really differentiate yourself from other players in the electronic signature landscape, you have to think outside the box. You can trust SignRequest systems, or any other signature provider, that the time of signing stated in the audit trail is the correct one, but with enabling blockchain technology our users now have the possibility to have hundreds of other systems verifying this as well and thus eliminating the need to trust a single party.
Rick Schmitz, CEO of LTO Network said,
“SignRequest is a perfect example of a forward thinking company who sees the blockchain landscape and narrative maturing. Millions of transactions per year will immensely stimulate LTO Network’s usage and the trust in it.”
Do you want to experience blockchain in electronic signing?
Try it out, it’s LIVE!
The post SignRequest introduces blockchain-backed electronic signatures with LTO Network appeared first on AMBCrypto.
Source: AMB Crypto
Healthereum, the blockchain platform for modern healthcare
Safety and rewards both have essential places in the current work. It is the age of technology, and so more and more businesses are availing the blockchain platform to add a layer to themselves. The same is happening with healthcare which is a crucial part of the society and will be at certain times. Without adequate technology, healthcare cannot progress, and it cannot possibly accept everyone into its sphere.
A blockchain platform can transform it into a wholesome one where everything from payments to bookkeeping to patient-doctor interaction can happen smoothly. Already, a lot of the healthcare industry has been thinking about moving in such a direction.
With a start-up such as Healthereum LLC, this becomes a reality for the healthcare industry. Apart from keeping the complete data safe, it also acts as the platform which can fill the gap between a patient and their healthcare provides, a patient engagement platform. The start-up focuses on patient incentives for fulfilling tasks requested by one’s doctor. Rewards are always a great way to motivate people. So, the rewards that one gets can be used to gather more patient data which is needed to better one at providing excellent healthcare. The platform is a global blockchain, and the reward that one gets is in the form of HEALTH tokens.
The reward works as such that the patients will want to get rewards and for that they will need to: meet their appointments at the right time, fill out surveys, and engage with other healthcare tasks. Along with that, the doctors are connected to the patients even after they have left the clinic. Through the blockchain platform, the doctors can send messages to their patients and vice versa. The patient interface is known as HELIO or Healthereum Life Portfolio. And for healthcare providers, it is called HELIO[S] or HELIO Syndicate. The provider can send rewards to the patients once they complete the specified tasks. They can use the rewards in return of healthcare benefits from the providers whenever they need it. It creates a cycle of tokens between the healthcare providers and the patients.
Who will be the participants in Healthereum?
As the blockchain is related to health, it is evident that it wouldn’t be just a doctor and patient platform. There will be several other participants who become a part of this global healthcare blockchain. Some of them include the individual who is signing up for the platform as a patient, the provider who is trying to help people who need their help, the hospitals who are in partnership with the doctors so that they can approve them and also help them, corporations, the government, and the insurers all are participants. Everyone has equal parts to play in the platform which will provide it the wholesomeness that it needs to perform well.
What about Security Tokens?
To make the Healthereum platform a reality people need to invest in the idea. So, what is the surety that their investment will become a success? To answer this question, security tokens are significant for such services. Healthereum does have security tokens which are like an added layer of trust just like it happens in the stock market. Their security tokens are known as HLTH, and they are different from the utility tokens distributed in the platform. HLTH represents a unit ownership of Healthereum. Even a country like the US has made it mandatory to prevent ICO fraud.
This idea will be beneficial for the provider as well as for the investors. In all, Healthereum strives to eradicate the inconsistencies present in the healthcare field and sores to make it a better place for everyone. The blockchain platform can be the next big step that healthcare currently needs.
The post Healthereum, the blockchain platform for modern healthcare appeared first on AMBCrypto.
Source: AMB Crypto
Decibet-The definitive Crypto betting platform
About Decibet
Football and crypto enthusiasts now have a reason to smile. An online platform that will enable the two groups to share one thing-betting using crypto has hit the market. The Decibet platform is the new kid in the block that provides a common ground. And, the platform is not only simple to use but also promises to offer the best quotes for bettors.
Why Is Decibet Unique?
Wide Selection of Cryptocurrencies
The incursion of cryptocurrencies in online betting platforms is a revolutionizing trend in the market. The amalgamation of cryptocurrencies and sports betting has proved to be a perfect match because of the benefits therein. Notably, digital coins are gaining traction because, unlike gambling with fiat currency, the use of crypto is not governed by legislation.
Also, the digital coins are considered secure, have transparent transfers and come with very low fees per transfer. Moreover, to maintain anonymity, users can make transactions with certain types of cryptos, such as Zcash, Dash, and Monero.
Decibet has a differentiated collective of digital coins which can be used for payment. Users can deposit and withdraw using any of the following cryptos:
Bitcoin, Litecoin, Ethereum, Bitcoin Cash, Ethereum Classic, Ripple, Monero, Dash, Dogecoin, Zcash, Digibyte, Namecoin, MaidSafeCoin, Stratis, Gulden, Game Credits, Lisk, PotCoin, Syscoin, Vertcoin, and Blackcoin.
Simple-to-understand Platform
Decibet is a very simple platform that doesn’t pose any challenges to users. Everything you need to make a bet is neatly arranged, enabling you to navigate the platform with ease.
Once you log into the platform, you will notice that it has left, middle and right sections which have all the features you need to bet. On the left section, you will see a list of countries which, once you click, display leagues and matches in the respective location. The right section shows you the bets you have made and the stakes, odds, and pay-outs.
The middle section provides tabs that show the matches of the day, the details of bets and the cash area. The cash area is for making deposits and withdrawals.
Excellent Odds
Betting odds epitomize the probability that an event will occur. They, therefore, enable you to calculate how much you will gain if your bet wins. Decibet knows that most bettors compare odds between bookmarkers before choosing whom to use. Cognisant of that, Decibet uses advanced tools to get the best possible odds that increase your chances of winning on your wager.
The winning score helps bettors choose the match with the highest chances of winning.
Access to Several Soccer Matches
With matches and leagues from over 50 countries, you will not miss something to bet on. The countries listed on the website include:
Argentina , Australia, Arab Emirates , Austria, Belgium, Bulgaria, Brazil, China, Croatia, Colombia, Cyprus, Chile , Mexico, Portugal, Tunisia, Iran, Spain, Scotland, England, France, Israel, Norway, Japan, Qatar, Finland, Russia, Germany, Sweden, Holland, Romania, Hungary, and other South American, Asian, South African, and European countries.
Instantaneous Crypto Pay-outs
Since Decibet is blockchain based, all bets are transparent, trackable and you can instantly access your earning. Bettors don’t have to wait after winning because blockchain facilitates faster processing.
Privacy Is Guaranteed
Signing up on Decibet is not only easy but also private. An e-mail address is not necessary for the registration process, although using one is recommended. No other documentation or sensitive personal information needs to be submitted.
A 100% Bonus Awaits!
For new users, there is always a 100 % bonus of up to $100 USD if you sign up on Decibet.
Multilingual Website
Decibet provides a multilingual site that allows bettors to navigate using their language of proficiently. There are seven languages on the site: Spanish, Italian, French, Portuguese, Polish, and Russian.
Earn from Affiliate or Referrals!
Decibet users can win additional rewards if they refer their friends to the platform. Affiliates can earn by using their affiliate system, which is through Affiliada.com.
Cryptocurrencies present incredible opportunities for online bettors, and Decibet wants users to reap the benefits of using them in their wagering endeavors. Worldwide soccer fans interested in placing profitable bets using crypto can visit Decibet and have fun betting.
The post Decibet-The definitive Crypto betting platform appeared first on AMBCrypto.
Source: AMB Crypto
Nebulas NOVA: The dawn of a collaborative future
On April 15 [UTC+8], 2019, the renowned public blockchain project Nebulas held an exclusive press conference in Beijing, China to officially announce the launch of a new and much-improved version of their blockchain-Nebulas NOVA.
This release includes upgrades to the core functions of the Nebulas mainnet and is now the first as well as the only public blockchain with worldwide native, on-chain incentives for its users. This unique incentive structure will allow for the essential support of community collaboration unlike the blockchain ecosystem has yet to see.
The topic of the press conference was “Nebulas Nova: The Dawn of a Collaborative Future” and in total 200 distinguished guests were invited. Guests included blockchain industry leaders, Nebulas ecological partners, representatives of community developers, community members as well as other institutions and media attended.
During this event, Nebulas founder Hitters Xu, co-founder Aero Wang and the leader of the Nebulas Research Institute Dr. Xuepeng Fan gave keynote speeches sharing more about governance principles of the Nebulas community, the implication of these principles towards community collaboration and related technical development.
Community governance is a very hot topic for the entire blockchain industry in 2019 and was a primary topic at the press conference. Following the creation of Bitcoin and its “hologram” of information, Nebulas aims to create a new “hologram” of organized collaboration.
Nebulas’ goal is to let everyone-including organizations develop under a unified, open and transparent set of community governance rules via the power of decentralization, project-based development, on-chain voting systems, and the powerful tools incorporated into Nebulas NOVA.
In fact, NOVA represents a giant breakthrough in the bottleneck of decentralized collaboration via technical innovation hence providing a better ecosystem of asset distribution and management for Nebulas community governance.
At the press conference, Nebulas founder Hitters Xu expressed the opinion that NOVA has introduced “Smart Assets” that will leverage the great potential of decentralized cooperation. He considers them “Smart Assets” because they are programmable, manageable and usable. In return, all digital asset holders are now users that can play a large role in future ecosystem development and be part of the sustainable, prospering ecosystem with positive incentives.
Currently, the public blockchain industry lacks the competence to attract consistent and excellent developers as well as features to carry out self-evolution with minimal disruption or friction to the users. Nebulas NOVA will accomplish seamless and transparent upgrades via three core technical features: Nebulas Rank [NR], Nebulas Blockchain Runtime Environment [NBRE] and Developer Incentive Protocol [DIP].
Specifically, NR measures the contribution of all on-chain accounts to the digital economy. It incorporates excellent anti-cheating capabilities and extensive scalability that can cater to many different scenarios which will provide long-term and highly effective incentives for developers.
To achieve frictionless upgradability, NBRE is an execution environment and provides upgrade functionality to NR, DIP and is a core technology that will support Nebulas self-evolution.
In addition, Nebulas utilizes Just-in-time compilation technology that can execute Nebulas Protocol Representation [NRP] which gives the network autonomous upgrades to core protocols.
For example, Nebulas NOVA provides the capability for community members to upgrade and adjust the parameters or implementation of developer incentives at any time without affecting standard upgrades to the Nebulas core which will ensure the effectiveness of DIP.
Currently, the Nebulas mainnet supports around 260,000 accounts, over 6,800 active DApps and has exceeded 1 million transactions in a single day – all while retaining stability. Nebulas have also received academic and government recognition and previously placed third of all public blockchain projects by the CCID research institute under MIIT.
Nebulas NOVA represents the second phase for Nebulas to truly become an Autonomous Metanet and the release of NOVA is the first step towards this intention.
The future of collaboration is coming: After Nebulas NOVA goes live, both developers and everyday users of the blockchain can extensively participate in ecological development and jointly realize Nebulas’ core vision: Let everyone benefit fairly from decentralized collaboration.
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Source: AMB Crypto
UNCHAIN: One of the world’s leading blockchain events to be held in Berlin
2019’s UNCHAIN Convention will bring together the world’s leading cryptocurrency and blockchain entrepreneurs in Berlin on June 14-15. The two-day conference will focus on today’s challenges for the maturing crypto community, investors and founders of blockchain startups.
The event which has been voted to be one of the top-10 blockchain conferences in the world in 2018, is set to gather valuable knowledge and insights about:
current status of cryptocurrencies and future outlooks;
blockchain use cases and business models;
financial insider viewpoints and strategies;
legislative context;
science & technology.
2019’s lineup features popular crypto voices, early crypto investors, leading technologists, founders of blockchain enterprises, developers and regulators, 30+ speakers from 20+ countries altogether, which is even more than last year’s lineup included.
Brock Pierce [chairman of Bitcoin Foundation], Tone Vays [Wall Street veteran & Bitcoin enthusiast], Eddy Travia [Coinsilium], Alena Vranova [founder of TREZOR], Riccardo Spagni [MONERO], Christian Decker [Blockstream], Adam Ficsor [Wasabi Bitcoin wallet creator] and others will share best practice insights. The future of crypto payments, privacy, and scalability of Bitcoin and blockchains, cryptocurrencies evolution, investment and fundraising issues, politics and future scenarios will be discussed by them. Well-considered exhibition space and intimate networking area will be established for business initiation.
Oskar Giese, UNCHAIN Convention founder said,
“We celebrate Bitcoin and blockchain real-world solutions with an eclectic state of the art event approach. Our main goal is to bring on business innovations between crypto entrepreneurs, investors and traditional economy leaders from all over the globe-by discussing and exploring the full potential of a decentralized economy,”
Get more info and register
When: June 14-15, 2019
Where: Berlin
Official website
Event’s YouTube channel featuring last year’s presentations
Early bird tickets are already available on the official website. The access is limited to 500 attendees.
Use the promo code LEV8MPUC to get a 20% discount on Standard and Experience tickets.
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Source: AMB Crypto
BitMart BCT Token Sold Out in 20 Seconds on the First Day
Who says the IEO craze is over? Cryptocurrency exchange BitMart sold out Bicoin Token [BCT] in their Initial Exchange Offering [IEO] in 20 seconds from the start to a total of $300,000 supply on the first day of the sale. The BCT token was sold at a price of $0.027. For people who failed to purchase BCT on the first day, BitMart will open BCT sale for another two days, with a total supply of $500,000 and $200,000 respectively.
The Bicoin Token BCT] Sale
Bicoin is a one-stop cryptocurrency trading ecosystem that provides business including Bicoin token, Bicoin Trading Version, a platform for aggregate exchange, as well as quantitative services. Bicoin’s App currently has over 10,000 active daily users with thousands of KOLs trading with real money. Bicoin Token [BCT] is an ERC20 token which is a value certificate in the Bicoin ecosystem.
The BCT sale process will last until April 15th with the last round tradable price capped at 0.03 USD. Users can purchase up to $5,000 in equivalent BTC if they are holding less than 30,000 BMX. For users holding equal to or greater than 30,000 BMX in their account, BitMart allows maximum purchase amount of $10,000 in equivalent BTC.
Purchase BCT here.
The Booming IEO Market
This is the second IEO project that has debuted on BitMart Exchange. Earlier in March, BitMart launched an eight-day Kasoutuuka News[KTN] Sale and all the rounds were finished in just a few seconds. Following successful IEOs from Binance and other exchanges, the craze for IEOs appears to mimic the Initial Coin Offering [ICO] in 2017.
It’s been one of the largest increases in price, volume and market cap in months. BTC rallied to $5,400 while other altcoins also saw impressive double-figure gains, leading most to believe the crypto winter was over and a more promising season is upon us. With the current turn in market sentiment, the popularity of IEOs is likely to increase as quick profits can be expected from faster exchange listings.
About BitMart
BitMart is a premier global digital asset trading platform in the cryptocurrency market with over 700,000 users worldwide and ranks among the top 5 crypto exchanges on CoinMarketCap. BitMart currently offers 205 trading pairs with one of the relatively low trading fees in the market. BitMart’s daily trading volume ranges from $800,000,000 to $1,000,000,000 and total trading volume has reached over $55,000,000,000 since launching in March 2018.
To learn more about BitMart, visit their Website, Twitter or join their Telegram.
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Source: AMB Crypto
The world’s first blockchain lifestyle festival, Block Live Asia, debuts in Singapore on April 18th and 19th!
Singapore, 21 March 2019-The world’s first part-conference, part-experiential blockchain festival will be held in Singapore’s Marina Bay Sands Convention Centre Hall A on April 18 and 19, 2019. With renowned names such as DASH, TenX, bitcoin.com, Digifinex, and BlockON Group, on board as sponsors and partners, Block Live Asia is set to give attendees a whole new experience into the blockchain space.
Unlike typical blockchain conferences which are ticketed at high prices and catered towards blockchain professionals, this two-day festival is open to the public with free entry for those who register online before April 15, 2019. In doing so, Block Live Asia aims to remove existing high barriers of entry into space and promote interest from the masses on blockchain technology and its real-world usage.
The festival activities are crafted to tackle industry pain-points, reshape mass perspectives on blockchain and to make the technology applicable to the daily lives of people. Attendees can expect authentic, constructive and necessary discussions about real work that is being done in the blockchain space through a mix of conference and lifestyle activities, such as panel discussions, movie screening, keynote speeches, creative installations, experiential zones, and retail booths.
Ngeow Jiawen, CEO of Grounded, stated,
“Block Live Asia is the first ever free-to-attend festival that is a sincere delivery of blockchain technology. We are tired of blockchain conferences being increasingly profit-driven, and how the same topics get recycled over and over again. This is our attempt at doing space justice. Expect a myriad of activities going on around our highlight act, real and stripped down honest talks given by over 70 guest speakers.”
Attendees will get the chance to greet some of biggest change-makers of the blockchain industry, as well as key traditional players, including Roger Ver, CEO of Bitcoin.com, Chia Hock Lai, President of Singapore Fintech Association, Garrett Jin, Co-founder of BitForex and more, who will be sharing their quality opinions on topics such as personal data security and e-commerce, future of work & employment, blockchain scalability and more.
Block Live Asia will also be showing Singapore’s premiere of Trust Machine: The Story of Blockchain-a documentary following the proponents and opponents of the technology. Those who are not ready to learn about blockchain can take Instagram-worthy photos at several installation zones, play interactive games, attend free workshops by Singapore Bitcoin Club, NewCampus and CoinMarketCap, or shop at the retail zone managed by Expat Fair Singapore and Hoolah.
Other highlights include:
Facing the F/Ups
Presented by BlockON Group, F/UPS invites finch and blockchain entrepreneurs to share personal stories of professional failures. The stories of the business that crashed and burned, the partnership deal that went sour, the product that had to be recalled, and what eventually succeeded; they tell all.
Crypto Experience Zone
Visitors get a personalized walkthrough and simulation of the entire crypto experience based on their knowledge level. From creating a wallet, buying their first token to trading on an exchange, the interactive zone brings blockchain amateurs on their very own crypto journey.
RAISE Pitching Competition
RAISE is a pitching competition where teams will each be given 5+5 minutes to pitch their technology to a panel of investors. The most viable projects stand to win prizes of up to S$50000 as well as incubation and mentorship chances with a Silicon Valley-based Incubator Founders which incubated Unicorns such as Instagram, Mashable, change.org and more.
Don Tsai, Project Director of First Wave Agency, said that
“Block Live Asia will be an unforgettable experience, creating a new model for what a blockchain conference ought to achieve. We wanted to discuss topics that really matter, constructive criticisms that can change the space for the better. Our incredibly accomplished speakers will do more than share, they will motivate and show us a new path forward in this bear market. And I’m thrilled to offer our attendees access to them all for free”.
Register at tinyurl.com/blockliveasiato get free entrance. Full details are available on our official website.
About Block Live Asia
Part-conference, part-experiential festival, Block Live Asia is a one-of-a-kind industry event combining keynote speeches, creative installations, and photo-worthy galleries to attract the masses and promote mass education of blockchain. The event will be held on April 18 and 19, 2019 at Marina Bay Sands Convention Centre Hall A, Singapore from 10:00 am to 6:00 pm. The festival features over 100 exhibitors and speakers across the 45,000 square feet exhibition hall. www.blocklive.asia
For Media Enquiries Joey Lim
Team Co-Lead Joey@grounded.work
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Source: AMB Crypto
BORA Blockchain Ecosystem Obtains First Technology Patents
Spring is upon us and the BORA team is working hard to finalize services ahead of the official launch of their platform. Today, we will take a closer look at BORA’s patented technologies.
One of the strengths of the BORA team is its technological prowess. As creators of a blockchain-based digital content platform, BORA’s development team consists of IT experts who specialize in platform and service development as well as infrastructure deployment and operations. The BORA team is committed to achieving its goal of creating a healthy blockchain ecosystem by developing globally competitive blockchain technology.
In the blockchain lab led by Director Chun Kyung-Wook of the Research and Development Institute, specialized blockchain technologies are being developed. From security technology to real-time smart contracts, a wide range of studies are underway to construct a base blockchain platform serving BORA digital content. Developing and patenting critical technologies was the goal of the institute since its founding, and they have recently taken their first step towards that goal by formally applying for patents in Korea and the United States. Let’s explore the technology behind the patent obtained in Korea.
This patent concerns the method of token and server management based on heterogeneous blockchain networks. In simple terms, this is in relation to BORA’s dual token structure, which can be summarized by the graphic below.
Source: Block72
If a user who owns BORA Tokens [first cryptocurrency] requests an exchange with BORA Shell [second cryptocurrency], the token management server transfers ownership of the BORA Tokens [first cryptocurrency] from the user on the public blockchain to the token management server. The corresponding ownership of the BORA Shell [second cryptocurrency] allows the token management server to transfer BORA Shell [second cryptocurrency] to the user, enabling the user to use services linked with the private blockchain.
Conversely, if a user who owns BORA Shell [secondcryptocurrencyy] requests an exchange for BORA Tokens [first cryptocurrency], the token management server transfers the user’s ownership of the BORA Shell [second cryptocurrency] to the token management server, which eradicates the BORA Shell [second cryptocurrency] and transfers ownership of the BORA Tokens [first cryptocurrency] corresponding to the discarded Shell from the token management server to the user.
Source: Block72
BORA currently supports two types of tokens: the BORA Token based on Ethereum’s ERC-20 standard and point-like BORA Shell which circulates only within the BORA ecosystem. The BORA Token is connected with the Ethereum network like other ERC-20-based tokens, enabling user-to-user transactions on cryptocurrency exchanges. However, BORA Shell can only be obtained through exchange with the BORA Token, and its purpose is specific to payments for services within the BORA platform.
Since BORA Shell can only be used within the BORA platform, all transaction and use records related to BORA Shell are stored within BORA’s private chain, the BORA chain. As such, the exchange and use of BORA Shell do not incur any fees.
With this dual token structure, BORA has managed to solve issues that plague existing tokens, such as the burden of gas fees in traditional blockchain environments. They have also reduced the risk of instability and value reduction of digital content assets.
Because BORA Shell is used for all services on the BORA platform, users can utilize BORA Shell for different services or switch to BORA Tokens at any time, even if the content in the BORA ecosystem is removed. This mechanism ensures that users’ digital asset values are protected. Furthermore, all data is recorded on the blockchain and accessible to everyone, providing better security.
The dual token structure also solves speed issues present in Ethereum ERC-20 tokens, enabling users to quickly and easily purchase, use, and sell digital content using the BORA Shell proprietary encryption currency.
Beyond the patented technology discussed above, BORA has domestic and international patents pending for two other technologies which they will provide further information on in the near future.
The BORA team is focused on perfecting its technology ahead of the official launch coming soon. They are currently collecting feedback from the second beta version of their platform which is open to the public now. Check out the beta platforms of BORA Lagoon and BORA Atoll
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Source: AMB Crypto
WINS.FUN is reaching new steps in the gambling industry
WINS.FUN is a crypto gambling blockchain having been opened last year and who has received so far a very warm welcome from its users.
Since its opening, the platform has continuously released new features, an element that has contributed for sure in the rising interest of the gambling community.
12 million WIN tokens [~$12 million] are currently being played every day among their casino activities and their betting activities [football, tennis, and basketball].
Their last but not least released is a lottery game called Wins.Fun Wintery.
During the first two weeks, more than 1 million tickets have been sold and 270 jackpots have been awarded! The success of this lottery has been immediate. Among the things that are the most appreciate by users are the fact that one single ticket gives access to three different jackpots, the fact that you can still win money without winning any jackpot [yes you read right, check their website to understand how it works…] and of course the fact that it’s an Ethereum Blochain Lottery that guarantees absolute fairness and transparency.
But all of this would be a shame if you could not share it with your best friends! And that’s where the affiliate part of the platform enters. A Revenue Share system is available for qualified promoters where they receive from 25% to 47% Revenue Share on their referred players’ betting and casino activities, depending on their performance on the platform.
The lottery has its own affiliate program as well where users receive a bonus on any tickets bought by their referrals, 10% for level 1, 4% for level 2 and 1% for level 3.
To find more information on WINS.FUN platform, visit the official website. Check out the blog and follow Twitter, and Telegram channels.
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Source: AMB Crypto
BuySellHodl Updates Results of Bitcoin Price Prediction Feature
2019 Bitcoin Price Prediction of $12,130; 76% of Users Say ‘Buy’ Bitcoin; Rating = ‘Buy’.
BuySellHodl, the ultimate crypto app for real-time coin ratings and price predictions, has updated its results for its industry-leading live bitcoin price prediction feature. With the recent impressive 25% increase in bitcoin’s price over the last week, it’s not surprising to see that the BuySellHodl user-driven bitcoin predictions have become even more bullish. Recently updated results include:
76% of users said to ‘Buy’ BTC, compared to 70% two weeks ago.
Only 5% of users said to ‘Sell’ BTC, which is half of last week’s 10% rate.
59% of users selected BTC as one of their top three picks, up from 57% two weeks ago.
40% of users predicted a BTC price of over $10,000 in 2020.
65% of users predicted a BTC price of over $25,000 in 2025.
The newly launched BuySellHodl bitcoin price prediction app queries its users for their opinions and predictions regarding numerous cryptocurrencies and updates the results daily on their website, iPhone and Android Bitcoin App.
BuySellHodl founder, Clifford Lerner, says,
“Our crypto community has become very bullish on many of the top cryptocurrencies recently, especially with their bitcoin price predictions. It’s interesting to see the cryptocurrency market respond so favorably. We will keep an eye on any further correlation between our users’ bitcoin predictions and the price performance.”
Lerner continues,
“With thousands of users updating their cryptocurrency predictions and ratings each week, BuySellHodl has quickly become the ultimate destination for unbiased, real-time crypto ratings and bitcoin price prediction data. We look forward to launching several enhancements to our leading price prediction features, including predictions from top crypto influencers and geographic price prediction comparisons.”
Source: BuySellHodl
Bitcoin Is Ranked #1 Best Cryptocurrency Investment fo 2020
BuySellHodl periodically asks users to select their top three coins for cryptocurrency investments for 2020. 59% of users selected bitcoin as one of their top picks, which is up from 57% just two weeks ago, ranking bitcoin as the top choice. Ripple [XRP], Cardano [ADA], Ethereum [ETH], and Litecoin [LTC] rank as the next choices for best cryptocurrency investments in 2020 at 39%, 34%, 32%, and 18% respectively.
Percentage of Users Selecting Coin as a Top Three Best Cryptocurrency To Invest In 2020
Bitcoin [BTC]: 59%
Ripple [XRP]: 39%
Cardano [ADA]: 34%
Ethereum [ETH]: 32%
Litecoin [LTC]: 18%
Tron [TRX]: 14%
Stellar [XLM]: 12%
Eos [EOS]: 11%
Binance coin [BNB]: 9%
Bitcoin cash [BCH]: 7%
Bitcoin Price Prediction
Source: BuySellHodl
Bitcoin 2020 Price Prediction: BuySellHodl users remain bullish with their bitcoin 2020 price predictions. 40% of users predict that bitcoin will be worth more than $10,000 in 2020, while 14% predict a value greater than $25,000. On the bearish side, 8% of users are predicting a sharp decline in bitcoin’s value to below $1,000 in 2020.
Bitcoin 2025 Price Prediction: The 2025 predictions are even more bullish, as they reflect the views of patient bitcoin investors. 65% of users predict bitcoin’s price will exceed $25,000, while 26% percent are extremely optimistic, predicting that bitcoin will exceed $100,000. Meanwhile, 6% of users remain long-term bitcoin skeptics, predicting its demise to a value below $1,000.
Source: BuySellHodl
Bitcoin Price Prediction Trend
In order to accurately gauge the crypto sentiment trends, BuySellHodl publishes the previous period’s results as well as the current predictions. This comparison screenshot shows that users continue to remain very bullish on bitcoin, with 76% saying to buy it. This compares quite favorably to only 5% saying to sell it, which is the lowest rate we’ve seen since our bitcoin price prediction feature was launched. This categorically leads to an overall ‘Buy’ rating for bitcoin. Note: Each period currently consists of two weeks.
Will Bitcoin Someday Become the World’s Reserve Currency?
One of the more compelling questions in the crypto-sphere is, “Can a cryptocurrency, such as bitcoin, replace the U.S. dollar as the world’s reserve currency?”
Many industry experts believe this to be a highly plausible scenario, often supporting their opinion with analysis predicting that bitcoin’s valuation could exceed $100,000 in the near future. Most recently, Thinkmarkets chief market analyst Naeem Aslam said that bitcoin could reach that mark during the next bull run.
BuySellHodl asked users this question to gauge their opinions on this thought-provoking scenario. The results reveal very differing opinions, with 13% saying ‘no chance,’ while 7% claiming it’s ‘very likely’ or ‘a sure thing’ that bitcoin will someday replace the U.S. dollar as the world’s reserve currency. For more detailed data, note the following breakdown:
QUESTION: “What are the chances that bitcoin overtakes the U.S. dollar as the main currency of the world within 10 years?”
Source: BuySellHodl
Unique Aspects of the BuySellHodl Crypto & Bitcoin Predictions and Ratings:
Real-Time Price Predictions Data – Price predictions, rankings, and ratings are updated in real-time.
Exclusive Crypto News – Weekly BuySellHodl price prediction and rankings analysis.
Quantitative Ratings & Rankings – A proprietary formula generates ratings and price predictions based entirely on user data.
Top Cryptocurrency Picks – Users can select any three coins as their top picks.
Bitcoin Price Prediction – Real-time one and five-year bitcoin price predictions.
Historical Analysis – Easy to see critical shifts in community opinion and ratings changes on each coin.
Universal Availability – Access crypto predictions and ratings on the website, as well as our Android and iPhone apps.
About:
BuySellHodl is the ultimate crypto and bitcoin prediction app, offering live crypto price predictions, rankings, ratings, prices, crypto news, and a live daily bitcoin game with real cash prizes. BuySellHodl is available as an Android and iPhone app and was founded by entrepreneur and crypto-enthusiast Clifford Lerner, author of the best selling business book, Explosive Growth – A Few Things I Learned While Growing To 100 Million Users. Cliff’s goal is to get the next 100 million users to adopt cryptocurrencies.
DISCLAIMER:
BuySellHodl does not provide financial advice. Please read our full disclaimer.
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Source: AMB Crypto