Cocos-BCX, Loom Network and Tron trifecta aiming to change the crypto space for the better

The blockchain technology and cryptocurrency space has always been regarded as revolutionary. Due to the numerous benefits it offers, even top industry players are now looking into its use-cases. One of the key sectors blockchain has proved itself to be beneficial is the gaming sector.
In fact, the gaming sector is speculated to be blockchain’s “killer app,” the catalyst for its mass adoption. Presently, the notable players in the space are TRON, Loom Network, and Cocos-BCX. Recently, United Labs of Blockchain Technology based in China did an analysis of the three leading projects in the space.
Loom Network
It is the second layer scaling solution for Ethereum [ETH], the second largest cryptocurrency in the space and the leading smart contract platform. This scaling solution enables DApps with large transaction volumes to scale to millions of users. More so, Loom achieves this without causing major congestion on the Ethereum blockchain.
The primary product of the Loom network is SDK. It enables developers to build blockchains without the need of understanding its mechanisms. The key feature of Loom SDK is the generation of DApp chain, a Layer 2 blockchain that uses Ethereum blockchain as its base layer. It is an application-specific chain that functions parallel to the Ethereum’s main chain. Here, the rule can be customized based on the use-case of the application, whereas the security is entrusted to the mainchain’s consensus algorithm.
Loom Network currently has three sidechains namely,

PlasmaChain
GameChain
SocialChain

PlasmaChain is a revamp of ZombieChain and is considered to be the most important chain among the three. The chain was rebranded as it was going to be the center-point for token transactions that are linked to Ethereum via Plasma Cash. In simple terms, PlasmaChain is a built-in decentralized exchange that acts as a bridge to Ethereum mainchain and other sidechains, thereby enabling faster and cheaper transactions.
Plasma Cash, on the other hand, is the scaling solution proposed by Vitalik Buterin, the creator of Ethereum, and Joseph Poon, the co-creator of Lightning Network. The solution is basically adding a layer of smart contract that interacts with the main chain. This is done in order to decrease the transaction fees associated with smart contract and developer applications.
Features of PlasmaChain

In order to support ETH, ETC20 and ERC71 token transactions, Plasma Chain is linked to the mainnet
Has it own built-in decentralized exchange
Allows payments of fees in Ethereum and Loom token
Will enable BTC payments in the future
Will link Plasma Cash to Layer 3 chains, with PlasmaChain as the main chain

Plasma Chain architecture | Source: Loom Network
Much to users’ delight, Loom network and Cocos-SDK have partnered up with each other in order to integrate Cocos-SDK in Loom DApp development environment. This basically means that the Loom network would be releasing a developer application chain support for the gaming platform.
TRON
Tron is one of the most popular cryptocurrencies in the space, currently the eighth-largest cryptocurrency by market cap. Tron is also one of the largest blockchain-based operating systems around the world, aiming to surpass Ethereum in the next few months. Unlike Ethereum’s Proof-of-Work [PoW] consensus mechanism, Tron chose Delegated Proof-of-Stake [DPoS] consensus mechanism, which supports smart contracts.
The platform strives towards building a “free, global digital content entertainment system with distributed storage technology and allows easy and cost-effective sharing of digital content”. The key features of Tron are high-throughput, high-reliability, and high-scalability, all of which focus on supporting developer applications.
More so, Tron fundamentally has three main layers:

Application Layer
Core Layer
Storage Layer

These layers are further divided into different levels based on their features. Storage Layer comprises of block storage and state storage, Core Layer comprises of Tron Virtual Machine [TVM] and TVM compatibility with Ethereum Virtual Machine [EVM], and Application Layer comprises of DApps and wallets.
Additionally, Tron protocol is well-known because of Protobuf, a protocol that is used to generate code, and which supports multi-language extension. The languages supported on Tron include JAVA, Scala, C++, Python and Go. This enables clients to develop applications in an easier way by unifying the API definitions. It also paves the path for optimized transfer of data.
According to the report, Tron will be collaborating with Cocos-BCX in order to enable cross platform digital asset circulation. The collaboration will ensure the integration of fungible token standard of Tron and CoCos-BCX.
Cocos-BCX
Cocos-BCX is one of the most popular end to end solutions for decentralized game development. The core features of the platform are the game engine, development environment, and its own blockchain. Cocos-BCX, similar to Tron, makes use of Delegated Proof-of-Stake [DPoS] consensus mechanism, thereby ensuring high-throughput, speedy confirmation, community incentive and low resource consumption.
The platform aims to build a “complete run-time environment with multi-game system compatibility,” thereby creating a convenient and perfect ecosystem environment for the development of games on the blockchain. More so, Cocos-BCX also aspires to “bring users new game experience and unprecedented game forms”, wherein users will have complete control over game assets and environment, thereby ensuring fairness and transparency.
Cocos-BCX architecture is divided into four layers,

Application Layer
Runtime Layer
Contract Layer
Blockchain infrastructure Layer

Cocos-BCX architecture | Source: Cocos-BCX
The platform’s Contract VM is noted for using Lua 5.3-based language as it is compatible with most of the library functions and standard Lua syntax. Moreover, the platform will soon provide support for JavaScript as it is the most preferred language by Web game developers.
The key-features of Cocos-BCX are,

Multi-device adaptability and Inter-operable interface
Inter-blockchain exchange converts fungible and non-fungible tokens which have different data structure and standards
Improved DPoS consensus mechanism
Enables execution of smart contracts across blocks
Improved data transmission and high-performance VM solution

The most popular products and protocols of Cocos-BCX are,

Cocos, based on GrapheneTM framework – Max theoretical throughput: 100,000 TPS; tested: 3500 TPS with 3 seconds block intervals
In order to support multiple blockchain systems, Cocos-BCX has its operating system and integrated development environment
It also has distinct protocols for exchange, customization, and universal asset creation

Comparison between Loom Network, Tron, and Cocos-BCX:

System
Feature
Loom Network
Tron
Cocos-BCX

System Layer

Consensus Mechanism

High-throughput support
Each DApp has its own sidechain system, wherein the throughput can be adjusted in accordance to node configuration
Enabled with its DPoS mechanism and lower block generation period
Improved DPoS mechanism and lower block generation period ensure high throughput performance, thereby shortening the redundant computing process in the transaction

High-response support
Latency of transaction response <1s
Latency of transaction response <3s
General transaction response latency <1s. Special latency of transaction <50ms

Business Logic

Randomness support
External source randomness input & Double-blind randomness input
External source randomness input & Double-blind randomness input
External source randomness input, Double-blind randomness input and Internal source randomness input

Transaction atomic merges
Implement atomic operations with combined transactions defined by contract
Implement atomic operations with combined transactions defined by contract
Implement atomic operations with combined transactions defined by contract; combined OPs into one transaction in the form of OP group

Digital Assets

Homogenous Assets

Homogenous Assets Support
Under ERC20
Under TRC10 and ERC20
Under Graphene framework standard

Smart [pegging] Digital Assets Support
Unsupported
Unsupported
Supported

Non-Homogenous Assets

Circulation
On-chain business use; Circulation with Ethereum system
On-chain business use
On-chain business use; On-chain cross-business use without interfering mutual business data; Circulation with Ethereum and EOS networks; Circulation with networks such as TRON, ONT, NEO, etc.

Standard
ERC721x non- homogenous assets standard
Ethereum alike non- homogeneous assets standards
BCX-NHAS-1808 Standard; NVAS-1809 Non- Homogenous Assets Standard

Complex business model support
Unsupported
Unsupported
Support models such as collateralization, lease, pawn etc.

Despite all these features, the report states that there are problems that are inevitable in terms of transaction-level cross-chain docking in blockchain system. Since the security of blockchain is highly dependent on a series of authorization design and complex signature technology, there will be problems with verification, identification, and authorization during the interaction between the main chain and the sidechain.
The report reads, “The interoperability and security become two contradictory issues for the two chain systems. To maintain the existing security mechanism of the blockchain system, it will require various verification modes such as multi-signature, and proposals/voting etc., which will significantly lower the performance [1~3 min/transaction].”
Nonetheless, the three projects are working towards providing the best and the safest platform for developers. In the current scenario, Cocos-BCX seems to be leading the way as it not only provides improved features but is also playing a major role in the adoption of cryptocurrency and the blockchain space.
The platform has formed strategic partnerships with other leading projects in the cryptocurrency space, such as Binance, Nebulas, Loom, Slow mist, HelloEOS, OK Blockchain Capital, and NGC. This indicates that the horizon regarding the cryptocurrency sphere could be on the bright side of development.
The post Cocos-BCX, Loom Network and Tron trifecta aiming to change the crypto space for the better appeared first on AMBCrypto.
Source: AMB Crypto

World Leading Crypto Exchange Bibox Launches Perpetual Contract Trading with No Funding Rate

Bibox, the world-leading AI-enhanced, encrypted digital asset exchange, announced the upcoming launch of perpetual contract trading for Bitcoin (BTC) and Ethereum (ETH) in a statement published on their blog. Bibox will hold an online trading contest from February 18 to March 4, inviting users to experience the new product. Perpetual contracts will be priced in Tether (USDT). According to the statement, no transaction fees will be charged during the contest.
A perpetual contract is a derivative product that is similar to a traditional futures contract but has no expiry or settlement and mimics a margin-based spot market, which trades close to the underlying reference index price. Perpetual contracts enable traders to use greater leverage options.
Bibox Enhances Derivatives Ecosystem
Perpetual contracts are only the latest addition to Bibox’s derivates ecosystem. The company issued BIX-denominated bonds for both institutional and retail investors on November 22, 2018, which sold out within 24 hours.
According to Bibox Co-founder Aries Wang,
“not only is the roll-out of perpetual contracts a significant addition to Bibox’s derivatives offering, but also a promise that we will continue creating a transparent, secure and user-friendly trading environment for our users.”
Bibox perpetual contracts also provide more flexible leverage options, allowing users to buy or sell with a leverage of up to 50x. For instance, users that want to trade 100 BTC/USDT contracts (the face value of one contract is 0.01BTC), with leverage of 25x and given an index price of 3000USDT, the user will need a margin of 120USDT, while a margin of only 60USDT is needed with a 50x leverage. Flexible leverage provides users with the ability to speculate for greater potential returns in line with their risk preference.
One thing worth noting is that, unlike the existing contract trading platform, Bibox perpetual contract does not charge the funding rate from buyers or sellers.
Zero Transaction Fees to Celebrate the Perpetual Contract Trading Launch
Bibox has announced a range of incentives for traders that will participate in the launch. First, users will not be charged any transaction fees for the contract trading during the contest period. Second, Bibox sets 1,000 places for the contest, users who deposit more than 100USDT and trade accumulatively up to 25BTC or 740 ETH of the contract face value will be awarded as experience officers and eligible to receive an exclusive10-60USDT reward. Third, the top 30 perpetual contract traders by earnings will be rewarded, that is, 1BTC for the champion, 50USDT for each of the remaining 29 users.
About Bibox
Bibox is an AI-enhanced and encrypted top 10 digital asset exchange with a daily trading volume of around $300 million. The Estonia-registered company also has operation centers in the US, Switzerland, Canada, China, South Korea, Japan, Singapore, and Vietnam, with plans to expand to more countries. Bibox traders enjoy secure, stable, and user-friendly digital assets management services, with access to over 100 high-quality coins and over 200 trading pairs.
For details please contact:
Email ID
Visit our official website here!
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Source: AMB Crypto

PANTHEON X steps into the cryptofund ecosystem by building a platform best suitable for new and experienced investors

Satoshi Nakamoto is well-known in the blockchain and cryptocurrency space for creating the largest digital currency in the market at present, Bitcoin [BTC]. The inception of the coin led to the creation of several others alongside the creation of a decentralized ecosystem. The entire ecosystem now strives to take the power back from governments and financial institutions and return it to ordinary people.
Notably, the cryptocurrency is not the only greatest invention of Satoshi Nakamoto. The creator is well-known across the globe, especially the Fintech industry for developing the blockchain. The primary use-case of the technology was to serve as a public ledger for the currency’s transactions.
However, the vast use-cases of the technology were soon recognized by several people from various industries, with key factors such as transparency and security grasping everyone’s attention. The blockchain is currently hailed as a disruptive technology and is considered a revolution in the system of records. In the present scenario, the use case of blockchain technology is being tested in several industries including supply chain management, healthcare, and travel and tourism.
Once such industry that the technology has a massive impact on is the financial industry. Here, blockchain paves a path for increased transparency, faster payments, eliminates intermediaries – thereby by enabling peer-to-peer transactions and reducing counter-party risks.
PANTHEON X has stepped into the space with an aim to bring about all the best advantages to cryptocurrency investors and traders. The firms aim to build a blockchain-based open financial business platform, with a reliable network that allows everybody in the ecosystem to engage in a safe and transparent trade. PANTHEON X intends to build an ecosystem that defines decentralization at its best, wherein people will self-govern the entire system by transforming it into an efficient one.
In general, PANTHEON X is composed of three stages:

Cryptofund Marketplace
Knowledge Network
3rd party services/ PANTHEON Intelligence

This is essentially the front office service that raises existing cryptocurrency financial funds or new cryptocurrency financial funds. This window is managed by certified crypto-managers specializing in the cryptocurrency market. These managers operate and sell their crypto financial products, which is, later on, bought by investors. For an individual to become a crypto-manager, one will have to pass the minimum requirements laid down by the platform.
Much to the users’ delight, Cryptofund Marketplace has a very simple set-up, which can be very well understood even by a new investor in the cryptocurrency space. Crypto-managers, at first, are required to register on the platform. This will be followed by the managers setting up their wallet and launching cryptofund products that they consider is best suitable for the investors depending on market conditions.
The product will then be promoted by the crypto-manager, along with a marketer. And, at the same time, the product will be analyzed by a cryptocurrency analyst.
The analyst’s review on the fund is passed onto the investors through the firms’ Knowledge network.With the help of the intelligence function, managers can effectively manage their customers’ funds. With this set-up, managers will be able to focus on providing the cryptofunds that are demanded by the investors. For this, managers will receive rewards and management fees in cryptocurrency, when a certain amount of profit is earned.
Knowledge Network
This network is the knowledge centre that creates, distributes and consumes content pertaining to crypto-financial investment. This network also has all the data collected by crypto-analysts that details the various funds available on the platform and otherwise. The main agenda of this network is to create an active ecosystem, within which users promote trust by detecting system errors, verifying information and providing suggestions that would contribute to the platform’s improvement.
This network plays a vital role in creating content that focuses on cryptofunds, advertising and promoting these products. It also encourages healthy communication among the participants by providing all the necessary instruments.
In addition, this network also functions on a reward system. Here, the rewards are based on Appendix – The Reward System on the Knowledge Network. Users are rewarded in accordance with their contribution and reliability on the network. This is based on their participation, which is determined through the users’ social media activity and their projects.
PANTHEON Intelligence:
This is the work that is managed by the middle office and the back office of the ecosystem. Here, the middle office is responsible for the market risks, credit risks, and most importantly, supervising the front office. On the contrary, the back office engages in operations such as confirming and processing a transaction and also settling payments.
Additionally, with all the data accumulated on the cryptofunds on the platform and with the internal infrastructure, the firm will later expand these services by collaborating with a 3rd party.
The platform will also have an authentication process, which will ensure that only the participants contributing to the healthy development of the platform can make transactions. PANTHEON X ensures effective asset management by providing infrastructure such as consignment and escrow.
Most importantly, the platform employs an Artificial Intelligence Engine, which provides automated services that are determined on the data collected on Cryptofund Marketplace, Knowledge Networks, and PANTHEON Intelligence. But, the key role of the AI engine is to detect fraud, enable automated compliance, maintain the reputation of the marketplace, and act as an evaluator of the platform on a constant basis.
The platform also provides support to the users’ activities that take place in the ecosystem. This is achieved by collecting users’ information, analyzing their activity on the platform, and studying their financial records. All the information is encrypted and stored in the platform’s Inter Planetary File System [IPFS].
Token Economy
Along with its mind-boggling concept, PANTHEON X has decided to adopt the double token economy. The platform will have a utility token, XPN token and a token for internal operations, XPW [Xpower]. The utility token will be used to participate in the cryptofund marketplace and the other tokens will be used to reward users on the knowledge platform. This token can immediately be swapped for XPN tokens on the platform.
Revenue Distribution
Unlike most of the projects in the space, PANTHEON X aims to give a part of its revenue back to its community for contributing to its development. The team has decided to allocate 40% of its revenue for all the XPW token holders, a reward for staking and actively taking part in the knowledge network. More so, once the revenue is distributed, the users get to chose the token they want to collect their reward. The rest of the token is divided into 40% and 20%, wherein 40% will be considered as the profits earned by PANTHEON X after the expenses are deduced from this and the rest is going to be reserved for unexpected costs.

AMBCrypto reached out to PANTHEON X to clarify doubts about the project
What drove you to create PANTHEON X?
Finance is one of the most important and sophisticated industries and can utilize the technical advantages of blockchain technology including the prevention of forgery of transaction history, automation of related procedures and P2P payment. Also, the issuance of security tokens that use securities like stocks and bonds but also actual assets like real estate and precious metals as their underlying assets, is significantly increasing. Therefore, the need for crypto finance that uses cryptocurrencies as an underlying asset is on the rise.
Unlike the existing financial system, the crypto financial service has a self-regulating system and bare minimum guidelines. It not only enhances the transparency of transactions through a distributed ledger system but also lowers the transaction costs by minimizing the role of centralized financial intermediaries. Moreover, it can reduce the processing time through automated systems like Smart Contract. The crypto financial service also has a high-security level because it is impossible to counterfeit and forge information on the blockchain.
Why is PANTHEON IPFS required? Isn’t collecting and storing information of users activity on the platform and breaching privacy to a certain extent?
PANTHEON Intelligence is not to record all user activities but to detect abnormal behavior of fund managers. We store the data but sort out the ones that may be the basis for investors to make an investment decision and only expose those data. We do not disclose data that may infringe the privacy of other individuals to other users. Furthermore, the collected data will be used as resource data for internal AI engine only and does not breach by public disclosure.
Will PANTHEON X seek data collected from other platforms apart from its own AI engine to ensure the well-being of its users?
We will use the information gathered from PANTHEON X and will use the resources of the partnerships to the extent that personal information is not infringed.
Why did PANTHEON X choose a dual token economy?
We chose a dual token system because each token serves different purposes.
XPN is listed token on exchanges. XPN is used when fund managers build crypto funds, pay a performance fee when XPW holders exchanging to XPN to cash out when users purchase contents from Knowledge Network.
XPW is a non-listed token and used within PANTHEON X platform only. It can be a compensation or purchase method on Knowledge Network for ads, content creation, sharing, and reporting, etc.
What is the key milestone PANTHEON X is planning to achieve this year?
The main sale is expected to be on March-April, Cryptofund marketplace MVP this mid-Feb – March, PANTHEON Protocol test-net Q2, main-net Q3, and Cryptofund Marketplace official launching Q3.
The post PANTHEON X steps into the cryptofund ecosystem by building a platform best suitable for new and experienced investors appeared first on AMBCrypto.
Source: AMB Crypto

Significant head effect of decentralized exchanges, Newdex accounts for 70% of trades in EOS ecosystem

TokenInsight published a 2018 Cryptocurrency Exchange Annual Report, pointing out the present situation of decentralized exchanges: the trading volume of decentralized exchanges highly concentrated on the leading exchanges, on either ETH or EOS. The trading volume of several leading exchanges accounts for more than 80% overall. Newdex even shares more than 70% trades among the whole market on EOS.
Source: TokenInsight
Newdex has surpassed IDEX on daily active users volume and daily trading volume, becoming the world’s largest decentralized exchange on volume.
How are EOS Decentralized Exchanges Built?
The most highlighted character of decentralized exchange is the trading experience that allows users to skip registration, deposit and withdrawal.
Wallet code scanning exchange of Newdex includes two parts: scanning login and scanning exchange. Users only need to own a mobile wallet to trade by scanning code on Newdex Web without registration. Or they can login on the Embedded Newdex within wallets to trade, saving the bother of operating on computer.
Currently, Newdex has cooperated with 26 wallets worldwide. You can find Newdex in loads of wallets across the whole EOS ecosystem, including Bitpie, imToken and Huobi Wallet.

The exchange focuses on quoted depth, and the wallets are responsible for the liquidity portal, on the basis of which user resources are shared.
Prospect for Decentralized Exchanges: Mining Incremental Markets, Newdex Launches Membership System
Despite the strong growth of decentralized exchanges, their trading volumes were less than 2% of centralized exchanges. Which means users of decentralized exchanges still remain in the minority.
To keep its users, Newdex launched a membership system to provide users benefits and privileges. Users will be able to enjoy different trading fee discounts and exclusive airdrops by staking NDX [Newdex Platform Token].
Newdex is the first decentralized exchange to launch the membership system.
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Source: AMB Crypto

The $700 billion dollar “Death of Cryptocurrency” is just the beginning

It is important to talk about where we are right now.
You can probably feel it yourself, the depression stage of the cycle categorised by fear, doubt, the reluctance to invest capital and general panic.
Do you know how far Amazon stock dropped in the tech bubble from January 2000 - September 2001 [20 months later]?
It dropped 95% – sound familiar?
During this time nobody wanted to touch it, the market could only think of negative reasons why the price would go down forever. Investors were pessimistic, and nobody had the courage to act.
Some companies died, forever, but what came next was the re-birth of something 100x bigger. It went from a tech bubble to the tech revolution. And you wouldn’t be here if, at some stage, you didn’t believe in the blockchain revolution. Now, we don’t know which companies will be the next blockchain Amazons, but we are looking for them every day. And we will find them.
While we move through this stage of the cycle, capital will be tight, and we need to be even more prudent with our investments. Keeping portions in cash, taking profits earlier than usual or making long term investments that you intend to hold for long periods of time.
You can get my complete trading strategy in the FREE Boss Cryptocurrency trading and investing course.
Price cycles around a trend. This is something we all know.
When using trends as forecasts for the future price of an asset you are simply extrapolating the past into the future and there is no guarantee that the previous trend will repeat exactly, but it may rhyme.
I believe they offer a good amount of insight into the flow of price, yet would not trust it, for example, to predict the exact dollar value of Bitcoin in 2021.
The below is a simple breakdown of the past trends as they were before the bulls took over and blew the price to crazy highs.
This phenomenon is in no way just related to cryptocurrency trading and investing. It happens in every market. Why? Because humans are involved in every market.

Firstly
You can see the % retrace marked in blue. And you can see the horizontal green box, which was the depression stage at the end of the 2015 bear market, duplicated to today’s market.
Secondly
You can see the two red trend lines. The highest of the two was the 2012-2013 bullish accumulation period before the major breakout at the start of 2013 and the second is the bullish accumulation period from the end of 2015 to the start of 2017 before the major breakout.
As you can see, the second accumulation trend was at a slower incline than the first, and I believe that was caused by a much larger collection of money in the pool.
From this data, I would make the assumption that the next bullish accumulation trend, after the depression period, will also be slower than the 2015–2017 trend. If there is a similar boom, the peak of that boom might reach near the bottom of the previous trend as we saw in December 2017.
Thirdly
You can see similarities in volume. I wanted to talk about this because the volume charts look similar across most exchanges that were trading Bitcoin during the last bear market. The amount of volume in both the bull market and bear markets of 2017 and 2018 was lower than the volume of the 2014–2015 markets.
However, the shape is the same:

A build-up of Euphoria
Mass Panic
Uncertainty
More Panic
Unknown in 2019, and in 2015 we saw more uncertainty, or as I am referring to it: Depression.

Conclusion
There is no way that we can know for certain what is to come, and it is unlikely to repeat exactly however this picture does show us a clear picture on the past market performance in all times, across all emotions. It is a complete picture.
The depression cycle is always [not just in cryptocurrency] the most important time to be vigilant for new investments. While a lot of old projects will succeed, a lot that came through in the ICO boom are dying, new ones will be there to take their place.
You need to know what ones, and why.
Safe trading,
Boss Cole  - Boss Crypto Trading Academy
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Source: AMB Crypto

Surging 18.95% in 24 Hours, are Bibox token bonds the future or just the flashes in the pan?

On January 3, 2019, an AI-enhanced encrypted digital asset exchange, Bibox, opened its token bonds trading section – Bibox Bond [denoted by “BIX1901”]. Each contract’s price has gone up to 185 USD. The price has increased 18.95%, compared to its issue price. Bibox will release the other nine rounds of BIX Bond, according to its official statement. There are few products with more than 10% yields in this “crypto winter”.
The price of Bibox Bond keeps going up, though the market remains bearish. It proves two facts: first, token bond is in demand in the market; second, BIX1901 issued by Vocean is recognized and accepted by buyers. So what are the reasons behind this risen price?
Reasons behind the surge in price
Bibox’s token bonds opened to primary market participants on November 22, 2108, which was sold out within 12 hours. The buyers are mostly qualified institutional investors, cited an insider. This time, however, normal investors are able to access BIX1901 after completing KYC verification. The fundamental reason for BIX1901 price surge is that the supply is less than the demand, namely, the demand for BIX 1901 surpasses its circulation. So why is BIX1901 so popular in the market? This shall be explained from two aspects: product and market.
Bibox Bond is a token bond contract denominated in Bibox token [BIX]. There were total 4030 bond units issued in the first round, each with a face value of 1000 BIX. The Bibox Bonds are priced in GUSD. The coupon payment is fixed to be 48 BIX, and the mature period of each unit will be 6 months. Let’ take BIX1901 as an example. The face value of each BIX1901 equals to 1000BIX. If we calculate the issue price on January 2, the price of BIX1901 is around 150GUSD. Upon the maturity, if the BIX price drops, buyers can get 150GUSD [in the equivalent value of BIX] and coupon payment of 48BIX; if the BIX price goes up, buyers can get 1000BIX [principle] + 48BIX [coupon payment].

As we can see on the above poster, buying BIX1901 is similar to buying a free six-month call option. The value of BIX1901 shall be its face value plus BIX call option, which means buyers can get convertible bonds in bearish market. When the market turns bright, buyers will profit from it.
From the perspective of buyers, buying BIX190 brings stable earnings for them. Those holding Bibox Bond [BIX1901] are able to enjoy BIX incentive dividends as they normally do in BIX trading. According to Aries Wang, the co-founder of Bibox, they’ve done quite a lot of researches, and they found that the demand for low-risk products is growing gradually in bearish market. Institutional investors with the needs of assets allocation and risk hedging are increasing gradually, which lowers the average market risks.
From the perspective of market, the scale of the traditional bond market is nearly tens of billions, way higher than traditional stock market. Let’s take a look at the crypto industry before BIX1901, there was no real token bond and fixed income instrument ever existing. BIX1901 not only brings a new investment channel but also perfects the market structure for cryptocurrency. For professional institutional investors, BIX1901 provides a basic instrument to offset risk and allocate their assets.
From the perspective of project owners, token bond satisfied their diversified financing needs. Vocean, as a token bond issuing institution, will disclose project owners’ information, such as their operation performances, etc., and establishes credit rating, bringing a transparent mechanism to bond trading.
How to control the risk?
Risk control is inevitable no matter in traditional financial market or in crypto space. Particularly for companies in early development stage, when their management systems are not mature enough, how to manage risks appears to be of great importance. Besides, the essence of investment is that buyers feel great confidence on the product. The confidence, however, comes from whether the product is safe or not. BIX1901 is of no exception in this regard.
In terms of risk control, not only does Vocean execute strict risk control process, the issuing body – Bibox Limited also builds a thorough system(including double collaterals, dynamic collaterals and default deposit system) to guarantee the principle and interest shall be paid to buyers upon maturity.
First, it’s double collaterals. The number of bond contracts Bibox Limited totally issued was 4030, the equivalent of 4.03 million BIX, which means Bibox Limited has to pledge 8.06 million BIX. Paying double collateral fully shows that the Bibox Limited is capable of repaying.
Second is dynamic collateral management. When the collateral ratio is lower than 150%, that is around 6 million BIX, Vocean will issue margin call to demand additional collaterals; if Bibox Limited fails to do so, and the collateral drops down to 125%, that is around 5 million BIX, Vocean will distribute all the existing collateral to bond buyers.
Lastly, it’s default deposit system, Bibox Limited also deposits 1% of total principal value to Vocean. The deposit shall be paid in GUSD. In case of default resulted from Bibox Limited, Vocean will pay 10% of bond principle value [at most 20% of insurance pool] to those holding BIX1901.
When it comes to financing, token bonds show an obvious advantage in this regard. It is more transparent as it discloses more information, which is also a good investment sign for crypto enthusiasts. Products like token bonds are able to attract funds to advantaged enterprises, which is good for optimizing the allocation of market resources. For instance, projects with good benefits, like token bonds, are well received by investors compared to those with bad benefits, so is the same with its issuing cost, which will be relatively lower for projects with good benefits, and vice versa.
Once the token bonds market system grows mature, bonds trading will be driven by the market. Those issuing token bonds will be kicked out by buyers if they don’t honor the agreement. A mature and united token bonds market, so to speak, forms the base for crypto market. Those who firstly test their lucks on this industry are bound to have the “first-mover advantage”. Whatever direction the token bonds market goes, as the first exchange around the globe issuing the token bonds, Bibox is expected a faithful future.
To know more, Click here!
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Source: AMB Crypto

BitMax.io goes beyond industry norm to support and advance listing partners

As a leading third-generation digital asset trading platform, BitMax.io [BTMX.com] has continued to grow its partnership network rapidly. With primary objective to list only top-tier quality projects in the crypto-space, BitMax.io goes beyond industry norm and strives to advance its listing partners by leveraging the strong relationship they have built with their users and community through multiple channels.
Joint Events
BitMax.io is widely known for its highly interactive communities on such popular social platforms as Telegram, Twitter, WeChat, and Weibo. With steady growth, the exchange has obtained over 35,000 loyal members with diverse background and from geographic regions.
In an effort to educate the users, BitMax.io frequently conducts joint-AMA sessions with listing partners. Such joint effort not only helps generating excitement but also broadens the discussion to the new projects among platform users.
BitMax.io also launches client acquisition campaigns for new listings, such as trading competitions and airdrops in which tokens of the newly listed projects are provided for the eligible users as incentives. For example, BitMax.io has recently announced the Lambda New Year Trading Competition. Users who complete the required tasks will be eligible for their share in a prize pool of 1.5 million BTMX and 2 million LAMB tokens.
Furthermore, BitMax.io assists European projects such as LTO Network in building their communities in Asia, while promoting brand awareness for Chinese projects such as CVN and COVA among its English-speaking audience. BitMax.io’s growing global network is a testament to its trading expertise as well as strategic marketing and branding services.
Value-added Advisory Partners
BitMax.io has established itself with solid reputation of transparency and integrity in the crypto-space, which has proved to bring additional benefits for their platform partners. For example, the projects Lambda and CVN were selected to be listed on coinmarketcap.com very shortly after their primary listing on BitMax.io. This can be largely attributable to BitMax.io’s reputation and impressive listing portfolio.
The partnerships between BitMax.io and Lambda, LTO, CVN, and COVA have frequently made headlines on top-tier media outlets such as Nasdaq, China Daily, CCN, Use The Bitcoin, NewsBTC, and AMB Crypto. It is well recognized that BitMax.io can bring more broad-based exposure to its partners and enhance their branding awareness across worldwide audience.
Upcoming Partnership
As part of its mission to provide platform users with exclusive access to top-tier projects, BitMax.io proudly announced the primary listing of Blockchain Exchange Alliance [Token: BXA]. As a technology-oriented digital financial institution, BXA places large emphasis on regulatory compliance and plans to take full advantage of their global network of cryptocurrency exchanges.
With the vision to establish a smart economy with efficient value transfer, their existing infrastructure, such as fiat-to-crypto currency gateways, enables BXA to break free from technical thresholds. They will create fiat-to-crypto trading platforms with deep liquidity and offer a wealth of digital financial services including cryptocurrency trading, real-time payments, security token offerings, and other financial derivatives. With BXA’s commitment to pioneering in their field, the primary listing partnership again highlights the BitMax.io’s proven track record in the highly competitive cryptocurrency exchange space.
For more information, follow BitMAX on:
Website
Twitter
Reddit
Telegram
Medium
Contact
The post BitMax.io goes beyond industry norm to support and advance listing partners appeared first on AMBCrypto.
Source: AMB Crypto

Dice 3D, the best ROI dApp on TRON

While the crypto-market remains bearish, many have turned to playing decentralized applications [dApps] to optimize their portfolios. The return on investment rate [ROI] has then become a key metric to determine whether a dApp is doing good or not. Dice 3D is a decentralized dice game built on the TRON blockchain. With all unique designs, it aims to offer players the best ROI rate grow their TRX in the game.
100% DC Token Dividends
To make players the real owners of the platform and enjoy benefits from its growth, Dice 3D shares 100% of its total incomes with all DC holders as dividends. In other games, this percentage is usually at around 60%. DC tokens are TRC20 standard tokens created by the Dice 3D gaming platform and can only be mined by playing the game. DC holders will constantly and automatically receive dividends on a daily basis.

Crypto Growth with Energy Bank
Resources have always been a problem for dApp developers on TRON. To solve this problem, Dice 3D innovatively introduced an energy bank in the game, where players can deposit TRX to help the game gain resources while in return, the game offers interest to all depositors. Just like a bank in real life, players are also able to withdraw their full amount of TRX at any time without commissions. It’s a constant growth of players’ TRX with almost no risks.

Healthy Token Economy
The biggest problem with existing dApps in the market is that most of them don’t have a healthy recycling or burning design for their tokens which would inevitably lead to an economic collapse. Hence, to avoid this from happening, Dice 3D has come up with a reliable coin burn solution.

After the stable running of Dice 3D will start opening the DC Betting mode. Under this game mode, players will be able to bet with DC and part of the DC tokens will be burnt if they lose.
Every quarter, the Dice 3D team will allocate 20% of the increment of the pot to purchase DC tokens in the market and burn them. This ensures DC tokens stay deflationary. For instance, if the pot increases by 5 million TRX in a quarter, then the team will use 1 million TRX to buy and burn equivalent DC tokens.

Based on competitive dApps’ performance, as long as the game runs smoothly, a daily ROI of over 70% can be expected in the early stage. What makes Dice 3D more interesting is that there is a special section in the game where free TRX will be occupationally airdropped.
Game site
Telegram
Twitter
The post Dice 3D, the best ROI dApp on TRON appeared first on AMBCrypto.
Source: AMB Crypto

Competition is the fuel of innovation

When it comes to the cryptocurrency market, few things remain static. Start-ups are racing to provide ever-improving products to gain a foothold in their respective markets. BitMax.io [BTMX.com] aligns with this mindset of constant improvement and in turn developed one of the most innovative exchanges model in the crowded cryptocurrency trading exchange space.
The Mechanism
BitMax.io’s introduction of combined BTMX mining and reverse-mining models has allowed it to lay the foundation for what they aim to be the most client-centric exchange to date.
Users who opt to utilize the exchange’s transaction-fee mining mechanism will be able to trade with transaction fees ranging from 0.04%-0.025%, which is the lowest in the industry. The equivalent of the aforementioned fee will be returned to the user’s account in the form of BTMX, the native token of the BitMax.io exchange, based on BTMX’s price on the secondary market.
Additionally, as BitMax.io offers the option of reverse-mining for Maker trades, user not only get rebates by executing Maker trades but also “return” the equivalent market value of BTMX tokens by the platform deducting them from the user’s account. They will be sent for permanent lock-up, thus reducing the overall circulation of BTMX on the secondary market.
An Outstanding Token Model
Most of the current top-ranked exchanges earned their positions on the basis of price-competition. However, the crypto market is one of the most dynamic industries in the world, and thus the pricing models that once seemed economical are now considerably expensive if compared to the fees charged by BitMax.io. On top of that, BitMax’s tight spreads and outstanding token model, which were developed through extensive market research, have definitely differentiated itself from the rest of industry.
Trans-fee and Reverse Mining vs Other Models
BitMax’s trans-fee mining and reverse-mining models go hand-in-hand. The trans-fee model provides liquidity on the secondary markets while reverse mining model for those maker trades provides a means to control the inflationary nature of transaction mining from the number of token in circulation. Together, these facilities carve out a new token model, and this is how it compares with established token models.
Membership Benefits: using BTMX to purchase membership VIP cards can give users the discount that can be as much as 30% off of regular transaction fees. Currently, some other exchanges charge several thousand dollars per month for this kind of membership benefit. Also, the membership allows the user to have high limit for large-sell orders, giving user more flexibility while reducing the number of BTMX tokens in support of the overall supply-demand balance.  All in all, the membership program creates loyalty among the users with potential higher share of distribution of transaction fee in the form of data usage feel pool.
Transaction-Mining and Reverse-Mining: BitMax.io is not only the pioneer of trans-fee mining, but also is the industry first exchange to complement it with reverse-mining. This has a considerable impact on how BitMax differs from other exchanges that only offer trans-fee mining. Other exchanges that use transaction-mining have only developed minimal usages for the mined tokens. Thus, the only way to control token in circulation while maintaining the token value is through the artificial buy-backs the exchanges perform themselves, or for token holders hoping to receive a dividend derived from daily fees.
BitMax.io, however, has structured BTMX as a utility token with a sustainable use case. With combined mining and reverse mining models, users can reduce their overall transaction fees especially factoring in the rebates received for the maker trades, and share one’s trading data to the exchange in return for a portion of daily transaction fee. These mechanisms establish a natural demand for BTMX tokens because of the utility they provide. And BitMax’s future platform improvements will increase BTMX utility moving forward.
For more information, follow BitMAX on:
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Twitter
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Telegram
Medium
Contact
The post Competition is the fuel of innovation appeared first on AMBCrypto.
Source: AMB Crypto

ProBit Exchange lists KEY/BTC; US $50,000 worth of KEY coins up for grabs!

ProBit Exchange is happy to announce a new pairing to list SelfKey [KEY]. The KEY/BTC pairing will be made available on 13 December 2018 on ProBit Exchange. Deposits of KEY on the platform will be allowed from 6 December 2018.
Trading Competition & Airdrops Details: 15,000,000 KEY
Duration: 14 December 2018 – 27 December 2018

Trade KEY, Earn KEY

Duration: 2 weeks
A trading competition for KEY will be held wherein 5,000,000 KEY will be won by top 100 global users, proportional to the volume of KEY traded. This contest is not eligible for US citizens.

Trade KEY, Earn PROB

Duration: Until 50% of PROB tokens have been mined
Users who trade KEY will receive PROB tokens. PROB tokens will be equivalent in value to 80% of trading fees incurred.

Hold PROB, Earn KEY

Holders of PROB tokens will receive 10,000,000 KEY. The PROB tokens will be split into 3 tiers.
Tier 1: Holders of > 250 PROB tokens receive 3,000,000 KEY split equally.
Tier 2: Holders of > 2,000 PROB tokens receive 3,000,000 KEY split equally.
Tier 3: Holders of > 10,000 PROB tokens receive 4,000,000 KEY split equally.
The above distribution of KEY is cumulative. An account may be eligible for more than 1 tier, i.e. an account with 11,000 PROB tokens would be eligible for Tier 1, 2 & 3.
This contest is not eligible for US citizens.
About ProBit
ProBit Exchange is a global coin-to-coin exchange that accepts no listing fees. The exchange only lists deserving cryptocurrency projects.
ProBit Exchange has order matching speed of more than 1.5m orders per second and has a customizable user interface. In addition, the Exchange supports the option of a hardware security key in addition to software 2 Factor authenticator. For more information, please visit the official website.
About Selfkey Foundation:
SelfKey Foundation is an identity system built on an open platform consisting of several key components including: SelfKey Foundation, a non-profit foundation whose charter and governance enshrines the principles of self-sovereign identity, a technology stack with a free and open source identity wallet for the identity owner, a marketplace with real products and services available at launch, a JSON-LD [machine readable] protocol, connection to 3rd party identity micro services which comply with KYC laws and regulations, and a native token called “KEY” which enables the SelfKey ecosystem to exchange value and information in an efficient, fully-digital, self-sovereign manner.. For more information, please visit the official website
The post ProBit Exchange lists KEY/BTC; US $50,000 worth of KEY coins up for grabs! appeared first on AMBCrypto.
Source: AMB Crypto