Yuri Molchan

NEM and ‘Living room of Satoshi’ Launch Instant XEM Payments in Australia

NEM (XEM) has partnered with the Living room of Satoshi startup, enabling instant bill payments for XEM holders
NEM and ‘Living room of Satoshi’ Launch Instant XEM Payments in Australia

Recently NEM has been setting up newsgroups in different countries in the course of its promotional activities. Also the company has partnered with a few exchanges that listed XEM. This time it has begun integrating into such a daily thing as bill payments.

Pay any #Australian bill and pay it with #NEM $XEM. Instantly. Thanks to @roomofsatoshi! pic.twitter.com/CD2Eo2b6pW

— NEM (@NEMofficial) 10 июля 2018 г.

New partner

Living Room of Satoshi (LRoS) enables its users to pay their bills momentarily, make loan payments and work with their bank accounts using various crypto coins. Besides, this platform is thought to be the easiest way of converting digital coins to the Australian dollar. Users of this system also some bonus points.

Apart from XEM, LRoS also works with Bitcoin, Ethereum, Dash, Litecoin, Monero and many other currencies.

Other recent NEM activities

Among other latest moves of this crypto startup is the release of a new wallet Raccoon Wallet, which is promoted as a tool for using in daily activities.

Just like TRON, NEM seems to be promoting itself with all possible means, appearing in the news, social networks and striking new partnerships.

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Wikicoin Katya Michaels

WikiСoin: ICOs and SAFT

📚 Wikicoin
The way security regulations affect ICOs may not be clear, but SAFT facilitate compliance for token presales.
WikiСoin: ICOs and SAFT

ICOs — Initial Coin Offerings — have become a familiar phenomenon in the crypto community. Coinmarketcap lists more than 79 completed and ongoing ICOs, and over 700 unique coins. Blockchain entrepreneurs used ICOs to raise a total of nearly $500 mln over the past two years.

What, then, is SAFT? And how is it related to ICOs?

The Simple Agreement for Future Tokens is actually a type of investment contract, developed by Protocol Labs to work with their platform CoinList. The reasoning behind the creation of these tools has to do with US securities laws.

ICOs

ICOs are infamous for not being regulated by any financial authority such as the Securities Exchange Commission. Although similar in name and concept to IPOs — Initial Public Offerings — ICOs would be more accurately described as crowdsales, and can frequently turn out to be fraudulent.

That being said, whether an ICO is subject to financial regulations depends on whether tokens are officially determined to be securities, which they haven’t been so far.

Token presales

Not all ICOs are the same. If the company is distributing tokens after having completed development, those coins are less likely to be considered a security. However, if the company is fundraising ahead of development with the intention to distribute tokens to investors in the future, then it’s a token presale which can be seen as a securities sale.

In such cases, to avoid securities restrictions and regulations, companies have resorted to incorporating outside the US and excluding US investors. Otherwise, a company needs to face the complications of complying with US securities laws.

SAFT

Such contracts like SAFT can help facilitate compliance with US securities regulation and enable companies to include US investors in token presales. SAFT is modeled on the YC Simple Agreement for Future Equity (SAFE), a contract widely used by startups for angel and seed investments. SAFT is available to download for use outside of the CoinList platform. Thus, regulation compliance and token sales are facilitated, allowing technology companies to develop innovative products and investors to support them with confidence.

Wikicoin
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🕵️‍ ICO Watch Eric Eissler

IoT Supply Chain Network Still Needs Final Test: Past-ICO Review

👁 ICO Watch
Partnered with the UN, this company has global potential
IoT Supply Chain Network Still Needs Final Test: Past-ICO Review

Ambrosus (AMB) is building a decentralized, Blockchain-powered IoT-based logistical supply chain network that will enable secure and frictionless dialogue between sensors, distributed ledgers and databases to optimize supply chain visibility and quality assurance. The network will serve industries such as agricultural, medical, commodities, and high-value products. Ambrosus is a utility token.

By the numbers

Ambrosus had a one-month long ICO from Sept. 22 to Oct 22, 2017 and raised $32.5 mln, only 33 percent of it’s $97.8 mln goal.

It has a market cap of $44.6 mln. The token entered the market on Oct. 23, 2017 at $0.19 and at the time of writing is trading for $0.31. The token hit an all-time high of $1.72 in mid-January 2018.

Ambrosus is a utility token, not an equity token. It is important to note that utility tokens provide users with future access to a product or service. Utility token ICOs, allow startups to raise funding for the development of their Blockchain projects.

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Ambrosus utility token, what is to good for?

CryptoComes was able to speak with CEO Angel Versetti via email about the latest developments and how Ambrosus is developing thus far. Concerning the use of the token, Versetti said the following: “The token serves as a unit of payment for computational power and storage required to process, record and subsequently recall data [on the Blockchain]. It furthermore serves as a unit of payment to access additional features in Dapps built on top of AMB-NET. Finally, it serves as incentive mechanism for masternodes, who use AMB to stake and participate in the network as well as having rewards paid out.”

Sensing the sensors

With logistics and IoT, many sensors need to be involved with the process. At this point in time Ambrosus is not producing its own sensors but according to Versetti, the company is  creating “designs of sensors and generating intellectual property on such features as hardware security, secure processing, network encryption, gateways, etc. (patenting it whenever there is an opportunity) and later on Ambrosus can license the production of sensors to third-party manufacturers.”

In other words, rather than making proprietary sensors that consumers must purchase to use the system, the AMB-NET has been made as flexible as possible to work with many sensors on the market. As with many Blockchain and crypto-based companies, they usually do not have a totally functional product or it is still in conceptual or developmental stages. That being said, we went straight for the kill and asked when AMB-NET would be launching.

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AMB-NET online soon

When asked about the date the network would go live, Versetti said, “AMB-NET is actually going live this summer (right now the test-nets are available for experimentation and devs). We will have a more robust, industrial grade network, AMB-NET 2.0, in December this year.”

The Team

While there are many members of the team, here are a few of the top members.

CEO - Angel Versetti

Started his own crypto investment company, in Zug, Switzerland, also known as crypto valley. He previously worked at the UN, which is also a partner of Ambrosus.

Solutions Architect- Prof. Roger Wattenhofer is a professor of computer science at ETH (technical university) Switzerland. He is also a strong proponent of Blockchain and crypto.

CTO and Co-founder- Stefan Meyer has over 20 years of research and development experience in quality assurance, ultrasound sensors and data encryption methods. Previously, Stefan led projects at Nestlé and MHM Microtechnique. He was the Managing Director of the Integrative Food and Nutrition Center at the Swiss Federal Institute of Technology (EPFL).

CPO- Dr. Vlad Trifa has spent the past ten years building industrial-grade IoT platforms and solutions used by Fortune 500 companies in numerous industries (consumer goods, luxury, logistics, retail or entertainment).

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Consensus

While the Blockchain and crypto business environment is volatile and eats up many companies, Ambrosus seems to have stood the test. It has a strong team at the helm, it has the UN as a partner, which could facilitate the adoption of Blockchain from a higher level, and its network is about to go live this quarter, which will be the biggest litmus test for the company. After the network goes live, how will it be received? How many users will come on board? These are some questions that still remain.

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📈 Pricewise Daniel Osten

Bitcoin Price is Reaching Critical Support Level As Wall Street Dives

Pricewise
An investor’s worst nightmare or an opportunity to take a fresh look at old assets?
Bitcoin Price is Reaching Critical Support Level As Wall Street Dives

During the previous trading session, Dow Jones fell a record (since its foundation!) 4.6 percent, which could not leave the price of alternative investment assets unaffected. The official reason for the aggravation of the cryptocurrency market situation was the news of China’s blocking its citizens from accessing foreign exchanges and ICO websites. It seems that Chinese regulations have become a bottomless source of possibilities for speculation and price manipulation, although this approach is deplorably uninventive.

Nevertheless, as a result of Monday's events and news, on Feb. 6, the total market capitalization fell to $300 bln- the lowest value since the beginning of December 2017. Bitcoin price lost another 21 percent and predictably dragged the rest of the assets down with it. NEO and Bitcoin Cash were hit the hardest, with losses of 30 and 25 percent respectively. Well, what goes up, must experience a correction. Cardano got tired of carrying the outsider banner and fell “only” by 20 percent. Stellar is looking slightly better than the other coins: it’s also down 20 percent, but not preceded by a painful correction as was the case with Cardano. In general, the decline was 23-25 percent for the top 10 group. Bitcoin dominance continues to grow and is now 36.2 percent.

BTC/USD

As expected, buyers tried to take the initiative at the $7,700-$7,500 level, but the increasing negativity in US markets didn’t allow them to succeed. Thus, Bitcoin price broke through the psychological boundary of $7,000, the level of resistance at the 0.786 Fibonacci retracement, and headed toward the last bastion — $6,000.

Picture 1

 

At the moment, bears don’t even need to make a significant effort, because the decline has acquired its own impulse, supported by panic sales. Still, there is a large accumulation of pending purchase orders at the $6,000 level, which means there’s a possibility of a turnaround. Below, there is a set of additional resistances formed by the mirror levels $5,500 and $5,000. Our recommendation: don’t panic and be patient. The denouement is near.

ETH/USD

At the time of writing, Ethereum price reached $625 and found support in the form of an upward channel from November 2017 and the 0.786 Fibonacci retracement. Buyers are actively fighting for this milestone, but further developments will depend on the outcome of the Bitcoin struggle.

Picture 2

 

The next supports for Ethereum are strong mirror levels of $550 and $500. An impressive volume was traded at $500. Moreover, it is psychologically significant, which means that buyers will protect it. We recommend that our readers increase purchases in this range.

XLM/USD

Stellar investors had a very good start to the year, but since then the price has dropped more than thrice. Is this a reason to panic? We believe not because the asset is now firmly established both in the top 10 and the minds of crypto-enthusiasts. At the same time, there may never be a better time to invest in Stellar than now. Even though the lower boundary of the rising channel from the end of November 2017 was unable to stop the fall, the situation is far from critical.

Picture 3

 

First of all, the current Stellar price of $0.28 updated the minimum of the previous global decline of Jan. 17 by only 10 percent. Second, in case of further correction, strong support is provided by the $0.22-$0.24 range, where the mirror level and the 0.786 Fibonacci retracement are located. In a negative scenario, we can expect a spike in buyers' activity at $0.20. We recommend building up positions in the specified range, especially for those who have not yet added this asset to their portfolio.

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Darryn Pollock

HitBTC, OKEx, Binance and Huobi Lead in Trading Pair Stakes

When it comes to trading pairs, there is often a bit of prestige in having the biggest offerings, and HitBTC, Binance, OKEx, and Huobi are leading
HitBTC, OKEx, Binance and Huobi Lead in Trading Pair Stakes

 

A research into the top 10 cryptocurrency exchanges has revealed that four — Binance, OKEx, Huobi, and HitBTC — are leading the way in terms of offering trading pairs with HitBTC by and far the biggest offerer.

Trading pairs within exchanges describe trades between one type of cryptocurrency and another. It is indicative of just how many cryptocurrencies an exchange holds and how they can be traded. There is a lot more that can be read into it, both positive and negative, but it also shows a trend towards certain types of exchanges.

Four trading pair leaders

In order to have a high number of trading pairs, exchanges have to of course have a multitude of offerings in terms of different altcoins. These trading pairs can then expand exponentially.

HitBTC boasts as many as 795 trading pairs and this is because it has the largest number of altcoins. However, it has also faced criticism for listing a number of dubious and poor-quality altcoins for individuals to trade.

Binance has been in the news recently with the way in which it has been listing different altcoins and expanding its trading pair stable. It was criticized for its listing fees but has since said it will donate them to charity.

Binance, although adding 400 pairs in a year, does not even come close to HitBTC and is actually in third with 388.

The second spot belongs to OKEx, the major Hong Kong-based exchange, having 516 pairs on offer with Huobi coming in fourth with 281. Bibox is in fifth place with 191, but from there the rest of the top 10 exchanges all have under 100 trading pairs.

Trading pair leaders

 

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Crypto Gags Heewon Jang

McAfee's Teen Babysitter Snatched By Aliens, Bitcoin Ransom Demanded

Crypto Gags
McAfee we prepared for you a new topic for the scandal !! So you enjoy the attention
McAfee's Teen Babysitter Snatched By Aliens, Bitcoin Ransom Demanded

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