ChainTrade ICO aims to be the leading technology disruptor in the worldwide trade of food and raw materials. Representing more than 2 trillion USD annually, ChainTrade will move these exchanges to the blockchain.
This move will decentralize the trade of futures and options known commonly as commodity derivatives, and allow anyone to participate in trading – both small and big players. ChainTrade will modernize the exchange of commodity derivatives, making transactions simple, cost-efficient, and fair. Current exchanges dictate requirements that present high barriers to entry for small investors. By utilizing the blockchain, Smart Contracts, and Artificial Intelligence, buyers and sellers will be able to trade any futures or options in the world, from anywhere, on one platform, with minimal fees. Artificial Intelligence will cover link analysis, data analysis, and pattern recognition to ensure KYC (Know Your Customer) and AML (Anti-Money Laundering). “Today’s exchanges of food and raw materials are heavily centralized, charge high fees, and are exclusive to a few institutional investors, said Vincent Jacques, founder, and CEO of ChainTrade. “We will free this market thanks to the blockchain. Exchanges will be decentralized, accessible to everyone, and fees will be dramatically lower. It is time to bring competition to this type of exchanges, open them to anyone who wants to be part of it and lower access costs.
The blockchain technology will allow us to do just that: revolutionize the world of commodity derivatives.” With an aim to complete 5 million transactions by the end of 2018, the ChainTrade platform will be based on the CTC token, an ERC20 compliant token. The Initial Token Sale is scheduled to run from 9th October 2017 to 31st December 2017 with a token price of 1 ETH for 1,000 CTC (i.e. 1 CTC = 0.001 ETH). The number of CTC tokens will be limited to 225,000,000 and will be distributed progressively over time. ChainTrade token holders will have the ability to operate as traders or insurers. Insurers guarantee each trade by providing insurance against the risk of default by the traders. Raising funds through the token sale will provide the required funds to launch and operate a scalable ChainTrade platform while giving investors a token that will be used to access and use the platform.
For more information: info@chaintrade.net To participate in the Token Sale: https://chaintrade.net/
The internet has improved by leaps and bounds since its invention almost 30 years ago. Subsequently, websites have evolved drastically from simple text files to complex content delivery platforms that are filled with beautiful animations, images, and visual designs. In fact, the average website today is larger in size than the original Doom video game. However, despite the impressive growth demonstrated by the internet and websites as a whole, there is still an aspect that remains dreadfully archaic: web advertisements.
Web advertisements, to put it frankly, are awful. These ads will often interrupt the user experience flow of what could have been a beautifully designed website. Additionally, web advertisements often incorporate extremely irritating techniques such as spastic animation sequences or pop-ups appearing somewhere in the browser window in a desperate attempt to garner the user’s attention.
Considering the aforementioned facts regarding web advertisements, it should be no surprise that the typical web user does not have a favorable view of web ads. Recent consumer reports show that 43-73% of people dislike online pop-ups, mobile ads, and banner advertisements on websites2. Additionally, many individuals express that advertisements have become more intrusive and prevalent in recent years. Web advertisements, in their many forms, have ultimately created a less than favorable user experience.
Despite this shared resentment among web users regarding web ads, the unfortunate truth is that web ads are a necessary evil. Website owners rely on advertisements to generate revenue in order to pay for production costs and in the absence of web ads, website owners will often resort to subscription-based content delivery where consumers have to pay a monthly fee to receive adfree content. Yet, considering the advancements in web technology over the last few decades, one must ask if there’s a better alternative to the annoyance of traditional web advertisements. Surely there must be a better option for generating revenue than by overwhelming your consumers with intrusive, annoying banners and videos or demanding monthly payment from consumers to view content.
Oyster is a new protocol that approaches revenue generation on the web in a way radically different than past solutions. By offering the choice for users to commit a small portion of their device’s computing power to perform proof of work in return for web content, Oyster allows website owners to generate revenue without hindering the experience of their consumers.
Oyster enables this by using the proof of work done by consumers’ devices to lay the foundation for a decentralized storage network. The mechanism responsible for developing this decentralized storage network via proof of work is truly unique, as Oyster is the first protocol to combine the functionality of the Ethereum blockchain and the IOTA Tangle. Users spend Ethereum-based Pearl tokens to store their data on a decentralized ledger which operates on top of the IOTA Tangle. The Pearls are embedded in the encrypted data map of the user’s uploaded file. The devices of website visitors search for the Pearls across the IOTA Tangle. As they search for the Pearls, they inadvertently commit the data to the Tangle so that it is retained longer. Therefore, Oyster induces a blockchain treasure-hunt to bridge the economies of content publishers, content consumers, storage providers, and storage consumers.
But why would a user prefer to contribute computational resources to a site to receive content instead of dealing with web ads or subscriptions? Firstly, the most common device used to access web content (a user’s smartphone) is a pocket-sized supercomputer; thus, it is unlikely that the user’s browsing experience would be affected by the small amount of computing power being accessed by the Oyster Protocol. Secondly, Oyster allows consumers to access web content using resources that they have already paid for, which removes the allure of paying additional monthly fees to receive ad-free web content. Oyster ultimately provides a platform for more synergistic relationships between content creators and consumers. Content creators provide web content in return for receiving valuable PRL tokens, and consumers provide computational resources to receive ad-free content without any additional monetary costs.
Unlike similar operations conducted by The Pirate Bay which utilized site visitors’ computing power to mine cryptocurrencies without notifying the users5, Oyster will explicitly inform content consumers that their computational power is being requested, and it will be the consumers ‘choice to comply with this request or to refuse offering their device’s resources. Similar to how several websites will deny content to users using ad blocking software, website owners using Oyster will have the option to withhold content from users who do not offer their device’s resources. By offering an alternative to traditional web advertisements and subscription pay-walls, Oyster plans to revolutionize the relationship between content publishers and consumers by offering a mutually beneficial platform that will lay the foundation for a decentralized storage network.
Oyster is the new paradigm for the internet economy that breaks the stalemate between advertisers and ad blockers. Join the crowdsale at oysterprotocol.com
Login daily and your Unikrns will increase every day!
Now, why the heck is good investing in Unikrn? Their crowdsale ends in 2 days and they have collected over 108,000 ETH!!!
Here are another 7 Good Reasons why you should join the Unikrn sale:
They aren"t profitable and will run out of money in a few years. By investing you get to save this amazing business.
They are raising 100 million and giving away 20% of the supply of coins. The circulating supply will be low... for now.
You don"t have to worry about equity or options because you aren"t getting any.
Normally if a company was raising 100 million from a venture capitalist they would have to show revenue numbers. But that would just limit your imagination. It"s good to have an imagination.
They became interested in blockchains after a call from Mark Cuban.
You can relax because while originally the pre-sale was going to be open to everyone, it"s now only open to accredited investors. You have more time to make your decision.
The CEO says this token is for people who want to use it on the platform. It"s not an investment and shouldn"t be used as speculation. That"s great because the millions of customers from their profitable (oops, not profitable) business surely have the resources to donate 100 million.
Our project and platform mission and vision is to help individuals and businesses pay at least 10 times less for the same service which social media platforms self-serving platforms offer. Furthermore, our miners will earn Webcoins by visiting advertisers’ websites, like & share advertisers social media profiles, groups and pages.
What are the benefits and how much can you earn through our program?
It is simple as 1,2,3!
1. Apply through our request form. We will send you an email with unique referral code from ico@webcoin.today, so make sure to opt-in our email address.
2. Start promoting our project using your referral code. The code grants 100% bonus tokens on any investment made by the people you refer to our project. Currently, the maximum bonus we offer through our ICO is only 35% on investments of $10,000 or more, so isn’t it a great deal for the people you refer? It’s a win-win situation for all sides!
3. What you get? We will reward you with an instant 20% bonus Webcoin tokens on any investment made through your unique referral code. Payouts are made to your Waves wallet address daily. For example, you refer George who invests $1,000 using your code. He will receive total of 2,000 Webcoin tokens(worth $2000 during our ICO period), you will receive 200 Webcoin tokens(worth $200) based on the $1,000 he invested($1000 x .2 = 200 Webcoin tokens).
Use SOC100WEB referral code in the Webcoin ICO crowdsale "Invest" form to grab 100% bonus Webcoin tokens? 1 WEB = $1 right now! In 2 months when Webcoin tokens are tradable on major market exchanges the price may skyrock, so what are you waiting for? Invest now at https://webcoin.today
Our project and platform mission and vision is to help individuals and businesses pay at least 10 times less for the same service which social media platforms self-serving platforms offer. Furthermore, our miners will earn Webcoins by visiting advertisers’ websites, like & share advertisers social media profiles, groups and pages.
What are the benefits and how much can you earn through our program?
It is simple as 1,2,3!
1. Apply through our request form. We will send you an email with unique referral code from ico@webcoin.today, so make sure to opt-in our email address.
2. Start promoting our project using your referral code. The code grants 100% bonus tokens on any investment made by the people you refer to our project. Currently, the maximum bonus we offer through our ICO is only 35% on investments of $10,000 or more, so isn’t it a great deal for the people you refer? It’s a win-win situation for all sides!
3. What you get? We will reward you with an instant 20% bonus Webcoin tokens on any investment made through your unique referral code. Payouts are made to your Waves wallet address daily. For example, you refer George who invests $1,000 using your code. He will receive total of 2,000 Webcoin tokens(worth $2000 during our ICO period), you will receive 200 Webcoin tokens(worth $200) based on the $1,000 he invested($1000 x .2 = 200 Webcoin tokens).
Our project and platform mission and vision is to help individuals and businesses pay at least 10 times less for the same service which social media platforms self-serving platforms offer. Furthermore, our miners will earn Webcoins by visiting advertisers’ websites, like & share advertisers social media profiles, groups and pages.
What are the benefits and how much can you earn through our program?
It is simple as 1,2,3! 1. Apply through our request form. We will send you an email with unique referral code from ico@webcoin.today, so make sure to opt-in our email address. 2. Start promoting our project using your referral code. The code grants 100% bonus tokens on any investment made by the people you refer to our project. Currently, the maximum bonus we offer through our ICO is only 35% on investments of $10,000 or more, so isn’t it a great deal for the people you refer? It’s a win-win situation for all sides! 3. What you get? We will reward you with an instant 20% bonus Webcoin tokens on any investment made through your unique referral code. Payouts are made to your Waves wallet address daily. For example, you refer George who invests $1,000 using your code. He will receive total of 2,000 Webcoin tokens(worth $2000 during our ICO period), you will receive 200 Webcoin tokens(worth $200) based on the $1,000 he invested($1000 x .2 = 200 Webcoin tokens).
All of our market intelligence reports, known as ICO Alert Reports, will be published here, on our blog, to allow you to read on any device and join the discussion in the comments.
There is an exclusive presale opportunity offered only to ICO Alert readers. Scroll down for more info!
Oyster is the new paradigm for the internet economy that breaks the stalemate between advertisers and ad blockers. To accomplish this, Oyster provides web-accessible and anonymous data storage as a superior alternative to cloud storage. Website owners add the one line Oyster code to their site HTML to turn their visitors into treasure hunters that search for Oyster Pearls: the PRL token. Treasure hunting means a visitor’s browser performs light proof of work to discover embedded PRL in the encrypted data maps of uploaded files. Storage users spend PRL to reliably and anonymously store their data as website visitors’ browsers hunt for the PRL spent by the user. This means that Oyster is the economic bridge between content publishers, content consumers, storage providers, and storage consumers. By uniting all these separate parties, Oyster unlocks the hidden revenue potential of the web.
— Bruno Block, Protocol Designer and Lead Developer
Q&A
ICO Alert: How does the Oyster token (PRL) function within the platform and why is it needed?
Oyster: The browsers of website visitors hunt for embedded Oyster Pearls, PRL tokens, across the IOTA tangle. The private seed key of the Ethereum address holding the PRL is embedded in an uploaded file’s encrypted data structure. As the nodes search for PRL via proof of work they inadvertently re-attach the data to the tangle which extends the file’s retention. This means that the data retention is fully decentralized and motivated by the economic incentive of a continuous blockchain treasure-hunt. The Oyster smart contract only allows PRL to be gradually released from the token’s embedded state, therefore prolonging the treasure-hunt and guaranteeing the data’s integrity for the correct amount of time. This mechanism guarantees that if a user pays for data to be stored for two years, it will persist on the tangle for a minimum of two years.
ICO Alert: There are a variety of components within the Oyster platform including storage users, website owners, web nodes, broker nodes, IOTA tangle, and the Ethereum blockchain. How does each piece work within the system and why is it important?
Oyster: Storage users spend PRL to store their data in a secure, reliable and anonymous manner. Storage users are important because they provide the initial cash flow to the system.
A broker node is a device that runs the Oyster protocol and maintains the databases of the IOTA tangle and the Ethereum blockchain. People that pay for broker node hosting automatically receive a share of the spent PRL in compensation. Broker nodes play a crucial role in the Oyster protocol because they provide ledger access to storage users and web nodes. Additionally, the broker nodes physically retain the user data.
Website owners install the one line Oyster code on their websites to generate additional traffic revenue. Website owners are important because they create and host content which website visitors want to access.
Web nodes are the browsers of website visitors. These web nodes perform proof of work that financially compensates the websites they are visiting. The work performed by the web nodes guarantees the retention of the data across the tangle topology. Additionally, web nodes generate revenue for the website owner which enables the creation and hosting of content.
The IOTA tangle is a blockless ledger that requires each transaction to perform individual proof of work. The payload capacity of a tangle transaction is used to store split parts of the uploaded data. Data that is uploaded via Oyster is physically retained across the tangle topology, which includes broker nodes and normal IOTA nodes.
The Ethereum blockchain provides the smart contract framework that grants the PRL token its unique attributes. These attributes are the custom bury() and claim() contract functions, which are required for the Oyster protocol to operate correctly.
ICO Alert: How do website owners store a user’s files, and why do user’s need this today? Why use the IOTA tangle for storage?
Oyster: What users are looking for is truly private cloud storage. After the Edward Snowden incident in 2013, users have been searching for cloud storage alternatives that are secure and private. This shift in demand has boosted privacy-focused cloud companies like SpiderOak. However, these companies use proprietary solutions that are ultimately closed-source which leaves the end user stranded without a fully-auditable solution. Even if the company made some of their code open-source, the end user doesn’t know what is really being executed on their servers. Oyster is a fully decentralized solution for anonymous, secure data retention and operates purely on a node’s individual economic self-interests. The entire source code is auditable and data is encrypted in the browser before it reaches the tangle. A user can inspect the operational source code of the Oyster web client in their browser developer tools before they expose their sensitive information.
A website owner installs the Oyster code on their website which permits visitors to perform proof of work on the tangle. The IOTA tangle has a fully decentralized node topology with transactions that eventually expire. Mass data storage on a typical blockchain is not feasible because the data is stored permanently; it is required that transactions are eventually deleted. With the tangle, data retention persists as long as the transaction is periodically re-attached via proof of work. The IOTA tangle was also chosen because of the high rate of data duplication redundancy and incoming load balancing features such as swarm intelligence and permanodes.
ICO Alert: How are user’s incentivized to offer even 1% of their hardware’s CPU/GPU?
Oyster: A user’s incentive is in receiving access to the content that is produced and hosted by the website. This is the direction that we see the web moving towards: IoT micro-transactions. Instead of paying $9.99 a month for access to articles, a user’s CPU/GPU (which they paid for) performs a bit of work per article. If users want to have their cake and eat it too by not contributing anything to the content they are consuming, then they will soon find subscription paywalls and increasingly intrusive advertising tactics spawning everywhere in economic retaliation. In fact, this is what the internet has already turned into since ad blockers have become mainstream. There is no such thing as a free lunch.
Oyster is not directly involved with the ethics of content access. Instead, Oyster provides tools of arbitration to both content providers and content consumers so that they can find an operable middle ground via free market principles. Users are presented with a discrete notice for consent and can easily disable the proof of work. Disabling the proof of work will, in turn, activate a website’s policy which may or may not block or limit the content. What Oyster offers users is an end to taxing subscription fees and invasive advertisements. Users can support their favorite websites by using the hardware that they already paid for. Oyster enables website owners to operate more advanced content access policies. For example, a website may tolerate 40% or less of visitors to access content without performing proof of work before blocking access.
Oyster allows websites to have their own financial autonomy by not relying on monolithic advertising platforms like Google and Facebook. Any of these platforms can bully a website due to political motivations, whilst the advertisements themselves are rarely assertion-neutral. Payments made via Oyster are perfectly decentralized and automated; thus, no one can revoke a website’s paycheck. This in turn can breathe life back into independent organizations that perform investigative journalism and similar works. A great example is Wikipedia, which has notoriously abandoned advertisements to remain politically-neutral.
ICO Alert: One PRL will always represent one gigabyte of anonymous data retention for one year. Why is this done, and what are the potential implications to the PRL price (as discussed in your blog)?
Oyster: PRL is a very unique token because it is intrinsically pegged, via smart contract, to digital storage as a commodity without requiring a reserve. This design was chosen primarily to secure the network’s treasure hunting algorithm. During the initial design period of the protocol it was found that not pegging the token to the storage capacity opens up an attack vector known as the red-herring attack. In this attack, a malicious storage user pretends to embed PRL into the data map but does not actually embed them. It would waste the time and energy of web nodes that are searching for treasure that doesn’t exist. Because the Oyster smart contract permanently pegs one PRL to one gigabyte for one year, the red-herring attack vector has been completely eliminated.
The storage-peg also means that PRL will exhibit a stable pricing evaluation once the network is live. The storage commodity demand curve will continuously calibrate the price of PRL. This means that PRL is an incredible opportunity for early adopter investors to make large profits with very low downside risk. PRL is currently being offered at a fraction of the price of cloud storage prices. Due to the economic laws of supply/demand arbitration, the price must calibrate to a price in the general area of cloud storage prices. If the price were to stay at low pre-network prices whilst the network is live, the demand for Oyster would surge as companies and individuals load up on PRL for affordable storage. This surge in demand would increase the price to the fair market value of digital storage, therefore rewarding large profits to early adopters.
Here is an example to illustrate this pricing mechanism: imagine a volleyball being released from the bottom of the ocean. The volleyball shoots up violently to the surface, puncturing the waves and becoming suspended in mid-air for several seconds. The ball then finds buoyancy equilibrium as it rests on the ocean waves, elegantly levitating upwards and downwards along with them. The launch of PRL at a low price can only happen once before it shoots upwards and permanently finds equilibrium with the fair market value of digital storage.
ICO Alert: How simple is it for users to store their files through this system? Is it a mobile/ desktop interface? What is the process someone goes through to get setup on the platform, store files, and retrieve files?
Oyster: Oyster is the base protocol for which any front-end client can be developed. The official Oyster client operates via a web interface so that it is cross-platform, cross-device, simple to access, easy to use, and instant to upgrade. Users can download the check-summed HTML files from the GitHub repository and run it locally from their browser in case they are worried that the Oyster website might become compromised. No additional software needs to be installed. When the network is live a user can just go to the Oyster home page and drag and drop their file into the browser. When the user sends the correct amount of PRL to the designated address, the file upload starts. The main web client allows for the best auditability because users can inspect the source code in their browser as they upload their sensitive information.
With the official Oyster client, there are no usernames, passwords, emails, nor registration of any kind. Each file upload is marked with an Oyster Handle, which is an 80-character string that resembles a private seed key. All someone needs to do to retrieve their data is paste the Handle into the client and the file will be retrieved from the tangle.
The Oyster team is planning on developing an iPhone and Android app with built in PRL wallets after the baseline web client is complete. Such clients would be able to automatically backup user data in direct competition to cloud storage services. Oyster is not limited to consumer front-end clients, the protocol itself can be easily integrated into enterprise frameworks to serve large corporations that need data retention with high duplicate redundancy, failure resistance and uptime availability.
ICO Alert: Other than combining multiple features, what makes Oyster better than competition who are also trying to revolutionize the storage or advertising space?
Oyster: Oyster competes with other projects on two fronts, website monetization and decentralized storage. I contest that it is better on both of those fronts, I will first explain the website monetization aspect. The most well-known example of a token that attempts to solve the issues of the digital advertising industry is BAT (Basic Attention Token). The BAT team designed their own browser called Brave, which tracks user attention to advertisements.
The first issue with BAT is the unrealistic expectation that any significant number of users would ditch Google Chrome and other popular web browsers to install Brave. The user is more likely to simply install Ad Block Plus instead of switching to Brave. With Oyster, deployment is simple as website owners need only add one line of code without having to go through any registration nor approval. The Oyster network is completely decentralized so no one can block them from generating revenue. The Oyster web client is easy to access without requiring large software changes on behalf of the user.
The second issue with BAT is that adverts are still distracting and invasive. These ads take up precious pixel space, often break the content and design continuity of websites, and are rarely politically neutral. Adverts must always be manually interpreted and approved for ethics compliance, therefore the system can never be fully decentralized. In contrast, adding Oyster to a website only shows a small notice for user consent therefore respecting the aesthetics and neutrality of the website.
With regards to other decentralized storage protocols such as Siacoin and Storj, all of their miners require custom software that runs natively within the operating system. Therefore with a lower deployment of miners comes lower storage scalability, redundancy, and hence reliability. Oyster can quickly and easily turn any visitor with a web browser into a miner, therefore resulting in a more scalable and reliable storage solution. Oyster’s main client is also web based, which has a lot more accessibility than software that runs natively within the operating system. myetherwallet.com is a great example for how web based clients can be secure, reliable and accessible. End users will also prefer to pay for data storage with PRL due to Oyster’s stable pricing mechanism, as they probably don’t want to mix pricing speculation with their consistent storage needs. Imagine if a large corporation wants to buy $1 million worth of access to decentralized storage. Will they buy the coin that is highly speculative and volatile in price, like Siacoin and Storj, or the coin that is permanently pegged to the price of storage? There is no fallback mechanism if the price of Siacoin or Storj where to drop in half overnight, but any shocks to the price of PRL will rebound due to the economic principle of the commodity demand curve.
ICO Alert: How far along is the project today? What does the roadmap look like for the rest of 2017 and 2018?
Oyster: Oyster succeeds FrozenJar, which was its centralized predecessor. FrozenJar aimed to accomplish the same goals of anonymous storage and website monetization as Oyster, but was too centralized in its payout mechanism and retention of metadata. The storage logic of FrozenJar was fully completed and is currently available on our GitHub page. We are using FrozenJar as an initial boost to the code development of Oyster. Oyster has been tested with proof of concepts regarding interaction with the tangle, and proof of concepts are also available on our GitHub page.
The development roadmap can be classified into five major stages:
1) Launch of the Oyster Pearl (PRL) smart contract. 2) The broker node half of the network. 3) The web node half of the network. 4) The distributed reputation system. 5) The extendable decentralized application platform.
Each one of these stages are listed in chronological order of development, and happen to increase in complexity with each stage. Stage 1 is nearing completion as it must launch on our crowdsale date of October 21st. The smart contract contains special functions that become the groundwork for the entire network. When stage 2 is completed, hopefully before 2017 is over, basic file uploads can be performed via Oyster whilst using PRL as payment. When Stage 3 is completed, website owners will be able to install Oyster on their website and earn PRL revenue. We are planning to have this functionality ready by the first quarter of 2018. When stage 4 is completed, the Oyster network can be considered fully decentralized and trustless as the broker nodes will be kept in check. We are planning a mid-2018 release for this stage of the protocol. Finally, stage 5 implies a continuous mode of development. This stage allows for decentralized applications to run on top of the Oyster mesh-net of web nodes, such as a decentralized telephone application. Oyster will provide an API so that programmers can leverage the mesh-net with built-in node hop algorithms. All programming for the decentralized applications will run on JavaScript, a very accessible language, that will cultivate a fruitful environment of decentralized application development.
ICO Alert: As a non-Oyster question we like to ask for unique predictions on the cryptocurrency and ICO space in the near future. Where do you see the industry in 3–5 years?
Oyster: I think that, as Satoshi previously alluded, the banks are going to be in trouble. As the fractional-reserve-banking/print-infinity-money paradigm melts down, it is imaginable that the masses will flock to cryptocurrencies as a store of wealth since they have a limited and provable supply. This would mean that all cryptocurrencies would skyrocket as compared to fiat, stable-coin or not, except for USDT. It reminds me how in the early days of the internet we used to use telephone lines to access the internet (dial-up) and now we use internet lines to access the telephone (VoIP). Now we need banks to access cryptocurrencies, but in the future cryptocurrencies might become the bank.
Exclusive ICO Alert Presale The Oyster team is hosting an exclusive presale for ICO Alert readers. In order to participate follow these instructions: 1. Visit the Oyster website. 2. Scroll to the bottom of the page where it says “PRL Crowdsale”. 3. In the bottom right hand corner under “Access Code” input the unique code ICOALERT17
This code will prompt a drop down presale area of the website where you’ll find information on ICO Alert presale bonuses and info on how to contribute. It is important you do not send funds from an exchange wallet and only use an ERC-20 compatible wallet (Myetherwallet, etc.), because the presale tokens will be sent to the address from where you contribute funds.
Crowdsale Information The crowdsale begins on October 21, 2017 and ends November 14, 2017. For every one Ether contributors will receive 5,000 Oyster tokens (PRL). 1 PRL token equals 1 gigabyte of anonymous data retention for 1 year.
There will be 400,000,000 PRL tokens available during the crowdsale and there is a hard cap of 80,000 Ether. Any unsold PRL tokens will be burned. For further details on gas limits and more visit the Oyster website when the crowdsale goes live.
Token Distribution Information There are a total of 500,000,000 PRL tokens being created. PRL tokens are ERC-20 tokens so an ERC-20 compatible wallet should be used for contribution and storage. PRL tokens will be distributed shortly after the crowdsale ends.
Allocation 80%: Crowdsale 15%: Developer fund 5%: Marketing
Use of Crowdsale Proceeds 1. Promote Oyster with professional marketing campaigns 2. Support developers that work for Oyster full time 3. Initialize the network with a safety net of server farms
Team Bruno Block, Protocol Designer and Lead Developer GitHub | Telegram
Taylor French, Senior Software Engineer and Design Director GitHub | Linkedin
Interview of Dr. Lanz Chan, founder and CEO of Finamatrix Group and former banker with UBS and JP Morgan.
This document is used for informational uses only and does not constitute investment advice.
What technology solutions do you provide?
Finamatrix provides a new AI-driven asset class which is integrated with Blockchain technology so as to make transactions safe and secure due to full automation functionality that is now made possible. Our machine-learning AI is built upon proprietary technology as well as from the financial intelligence community, applied specifically to financial markets. What we believe is a game changer is our AI-Aggregator engine which involves expert experimentation merged with self-learning protocols.
When was the company founded?
The Finamatrix Group was founded in 2006 and the Singapore company was founded in early 2015.
Why was the company founded?
I founded Finamatrix in 2006 to offer financial technology (FinTech) services to a few clients.
Organization’s purpose: What we do, How do we do it, Whom do we do it for, What value are we bringing?
On a daily basis, our core technology team enhances our self-learning algorithms by training our systems to keep learning.
We do it by improving machine-learning processes which involves innovative ideas to solve mathematical problems. For example, the US dollar index increases in value by 10% which hypothetically is due to the Euro depreciating by about 5% but Euro only decreased by 2% which means that either the Euro should depreciate further or the US dollar overreacted within a certain timeframe. So shorting the Euro and US dollar index could potentially offer a very high probability trade pair for profit.
How do we perform pattern recognition? For biometric technology, if I scan your face, I will have all relevant data points for future recognition. For a price trend, we can transform the price data into a 3 dimensional surface, and like a face scan, it becomes easier to determine the patterns.
Only computers can calculate these thousands of statistics for automatic execution to capture these inefficiencies. Some details of how we determine these mispricings can be found in our technical documentation but our core technology is proprietary.
We do it mainly for our own needs in seeking a more efficient investment solution and offer it to both institutions and individuals.
The real value is in a truly autonomous asset class driven by testable AI strategies that are able to capture mispricing opportunities automatically for potential profit and at low and acceptable risk levels. These activities are impossible for a human to execute on his own.
Scope of Operations: what kind of product or service do your provide?
Finamatrix provides a convenient and safe vehicle for access to our AI-driven portfolios and a bonus program. We also offer a Cayman regulated quant fund mainly for institutional clients.
What is your future vision?
My vision is for Finamatrix to be a household brand in AI for financial markets, empowering anyone with easy access to AI.
History of the project?
Since 2006, we have constantly improved our AI technology and in 2017 we integrated it with Blockchain.
Motivation to develop the project?
The key motivation is that by integrating our AI with Blockchain, full automation in transfer, accounting, auditing, allocation, selection, optimization and other functions in a trusted and transparent environment are made possible, therefore reducing all forms of transaction costs.
What makes your project unique and valuable?
Both CEO and CTO of Finamatrix are researchers and continuously create new AI technologies with the AI-Aggregator engine. These AI strategies are completely testable and provable. We will relentlessly build the global brand value of Finamatrix by producing real value. We are also creating an app to empower people with AI for a selected asset portfolio.
What is your token?
The Finamatrix token (Symbol is FIX).
What is the token supply?
One billion tokens that is fixed. We will issue 500m tokens to the public. Each token equals one voting right. We will allow voters to vote on issues pertaining to token supply.
What is the code base that your product is using?
We are using Waves Blockchain and wallet that is KYC compliant and secure. Waves recently teamed with Deloitte to develop an orderly and regulated platform for the crypto market.
What features does your program use?
Owners of FIX tokens gain access to our AI driven asset portfolios and participate in the bonus program every financial quarter of the firm. FIX owners are able to sell tokens in exchanges or fully refund their tokens (only at ICO from Finamatrix) at cost price for bitcoins on a financial quarterly basis subject to application and verification.
Who are your competitors and how are you superior to them?
We do not consider other AI firms as competitors since we believe in collaboration and mass adoption. We believe that we have to empower anyone with AI. For example, we use Google AI in some of our testing procedures and also invest in Google stock. Finamatrix has a deep understanding of financial markets and this is critical to our success with AI.
Is there any mining or staking involved with your coins?
No. The FIX token is using the Waves Blockchain and hence the transactions are validated on the existing secure platform.
What are the future plans for your project?
We are creating an app to show how Finamatrix AI will continuously self-enhance to scour the world for mispriced opportunities autonomously. We also have an unsurpassed succession plan for business continuity. If our key men are out of action, there is a management protocol in place for Finamatrix AI to continue its business. This involves secure cloud hosting and an automatic training protocol where at least two key members of the team will be given full disclosure on operational procedures. We are building a legacy.
What other services will be offered by your project or company in the future?
We may consider offering customized AI services according to customer requirements.
What can we expect from the project in the next 6–12 months?
The integration of Finamatrix AI with the Waves Blockchain creates seamless and secure transactions. After the completion of the token sales, we will provide quarterly valuation reports of Finamatrix and customers can compare our audited valuations with previous quarters to determine the value of our firm. Our valuations include our total cash and assets with intellectual property and real estate values.
What is your expected company profitability in 2018?
We expect a gross return of more than 50% in 2018.
Expenses and current cost of operations?
Our expenses and cost of operations are low. We work in decentralized offices which are self-owned. Most of our team members are equity partners.
What will you use your investment capital for?
More than 70% will be used for capturing AI-driven profit opportunities. Less than 30% will be for research and infrastructure including real estate investment for our new office.
Does your token pass the Howey test?
The ownership of FIX token offers no promise of future income and is not a security.
Growth strategy after the ICO.
The team will further engage with our target audience and to improve our systems and infrastructure.
How many tokens do the founders get?
The founders receive 30% of the tokens.
What exchanges will this token be traded on?
FIX token can be traded on Waves decentralized exchange and on other exchanges based on customer requests.
How will you grow your market?
We have strategic partners in different regions that are able to lead with tailored online marketing and face-to-face educational events.
What is the target demographic?
Anyone keen on diversifying his portfolio with a new AI-driven asset class for potential growth.
Do you have any active partnerships?
Yes. We have partnered with a few institutions and will release more information in a press release.
What are the nature of these relationships and how are you utilizing or leveraging these partnerships?
We have marketing, venture capital and other partners that specialize in what they do and we work in concert to create sustainability for the business.
What is the vision for the company in the next 3–5 year plan?
Our vision is to further strengthen our presence in the AI industry for financial markets and to make Finamatrix a household brand.
Please provide information about the backgrounds of your CEO, CTO and other team members.
On November 15-16, Sokolniki ECC will host Blockchain & Bitcoin Conference Moscow, the largest event in the CIS dedicated to blockchain and cryptocurrencies. Local and foreign experts will tell about the cryptocurrency market, organization of ICO, investing in tokens, as well as how to profitably integrate blockchain into your business. In its turn, the exhibition will unite a record number of participants in the CIS.
Which activities will guest enjoy?
Conference
The conference includes two sections. The first one is “Financial sphere”, which contains the advice on blockchain and cryptocurrency application in business. The second one is “Developments”, dedicated to the technical aspects of financial technologies.
Participants of the conference will talk about the current trends in the blockchain and crypto industry development. Speakers will also cover the issues of legislative regulation of ICO and cryptocurrencies in different jurisdictions. The topic of the initial coin offering will be considered not only as a matter of law, but also from the organizers’ and investors’ perspective. In addition to the conference reports, there will be panel discussions, where you can ask questions to participants, as well as master classes providing practical knowledge and case studies.
Traditionally, speakers of the conference are the leading domestic and foreign experts:
Konstantin Goldstein, technical evangelist at Microsoft"s Strategic Technology Department in Russia;
Karolina Marzantowicz, IBM Distinguished Engineer;
Marina Guryeva, CEO at CyberFund, a platform for investment in blockchain startups;
Dmitry Starodubcev, blockchain enthusiast and co-founder of Cyber Fund;
Konstantin Lomashuk, co-founder and CEO at Satoshi Fund, a blockchain fund for investment in crypto assets;
Pavel Martynov, CEO at Steepshot, which developed the same-named blockchain network;
Sergey Simanovsky, CEO atFund, a managing venture fund in the Golos blockchain project.
It is only a preliminary list of speakers, who have already confirmed their participation in the conference. It will be updated.
Exhibition
This time the exhibition area will include a record number of exhibitors. There will be stands of the FinTech companies from different countries. The companies will present their services, software and hardware for mining.
About the event
Blockchain & Bitcoin Conference is the largest network of events in the CIS dedicated to blockchain and cryptocurrencies. Its organizer is the international company Smile-Expo, which has been working for 12 years in the field of exhibition and conference services.
Starting from 2014, 15 Blockchain & Bitcoin Conference events were organized, which were attended by 10 000 guests in the CIS and Europe. In 2017 along, 85 companies took part in the conferences.
Hope Token Foundation is all set to begin their ICO from 15th of October 2017 that will last upto 15th of November 2017. The Hope Token is created as a measure to connect the world of crypto or digital currency with charities that provides a chance to the individuals to participate in a project that aims to bring equality to the world. The global supply of the token will be 10 billion with out of which 4 billion will be available to the public through ICO. The currencies accepted for the crowd sale are Bitcoin (BTC), Litecoin (LTC), Ethereum (ETH) and Dash tokens.
Hope Token enables the donors to earn all of their initial investment back so that they can help charities, community, country, and individuals in need without any hesitation. The signup and registration process of the ICO is completely free and anyone can create an account for contributing to the cause of their choice right away. The fundraising accounts will have to go through the special screening process for being listed. The individuals that need financial assistance due to any medical condition, funeral or disconnection of services may have to submit an application for receiving the contribution.
After an individual submits any community project, the Hope foundation will do an extensive research to verify the presence of that community project. The owner will also be required to do submissions with credible references from that city or state with supporting documents. The organizations will have to submit additional documentation that proves that they are registered as a nonprofitable charitable business.
Cryptocurrency has brought a remarkable change in the way people do transactions all over the world. A number of individuals and businesses are now realizing the potential of digital currency in the current times as well as in future. Despite the fact that traditional banking system networks are still more popular, using Cryptocurrency can overcome many shortcomings prevailing in the system such as the fact that that banks can be manipulated by governments and bankers alike. Bitcoin, the digital currency was created by Satoshi Nakamoto to solve the same problem and to provide more freedom of privacy to people in their transactions.
The price of the Hope Token will be .05 USD per coin. More information about the same can be found on their official Facebook page and website hopetokenfoundation.com.
Media Contact Company Name: HOPE TOKEN FOUNDATION Contact Person: Press Execuctive Email: gracewilliamss91@gmail.com Country: United States Website:hopetokenfoundation.com
Webcoin ICO - Say Hello to Digital Marketing 2.0! Our team is revolutionizing the way how the world does marketing. Webcoin has created the bridge between the digital marketing and cryptocurrency world within the Webhits.io Ecosystem. The new Webhits.io platform will provide social media interest-based services 10x cheaper than any major social media platforms like Facebook, Twitter, LinkedIn, etc.
Webhits.io provides an easy way for Webcoin miners to earn a minimum of $3,000/month. The price of 1 Webcoin token during the Presale and ICO rounds will be $1. Webcoin will be available for trade on major cryptocurrency exchanges in January, 2018.
Webcoin ICO - Say Hello to Digital Marketing 2.0! Our team is revolutionizing the way how the world does marketing. Webcoin has created the bridge between the digital marketing and cryptocurrency world within the Webhits.io Ecosystem. The new Webhits.io platform will provide social media interest-based services 10x cheaper than any major social media platforms like Facebook, Twitter, LinkedIn, etc.
Webhits.io provides an easy way for Webcoin miners to earn a minimum of $3,000/month. The price of 1 Webcoin token during the Presale and ICO rounds will be $1. Webcoin will be available for trade on major cryptocurrency exchanges in January, 2018.
Webcoin ICO - Say Hello to Digital Marketing 2.0! Our team is revolutionizing the way how the world does marketing. Webcoin has created the bridge between the digital marketing and cryptocurrency world within the Webhits.io Ecosystem. The new Webhits.io platform will provide social media interest-based services 10x cheaper than any major social media platforms like Facebook, Twitter, LinkedIn, etc.
Webhits.io provides an easy way for Webcoin miners to earn a minimum of $3,000/month. The price of 1 Webcoin token during the Presale and ICO rounds will be $1. Webcoin will be available for trade on major cryptocurrency exchanges in January, 2018.
Webcoin is a new cryptocurrency asset based on the Waves Blockchain. Webcoin is used for peer-to-peer web and social media exchange services within the Webhits.io Ecosystem. Webhits.io helps:
Social Media Influencers to generate revenue using their profiles.
Affiliate marketers to increase ROI.
Book authors to increase book sales & readership audience.
Small businesses and Digital Marketing agencies to receive more social media engagement on their and their clients websites, social media pages, posts, articles and blogs at the lowest possible price on the market.
Resellers & Freelancers to expand the number of web and social media services they offer.
Webhits.io mission and vision is to provide actual results and increase ROI, but also to lower the cost of service for website and social media engagement services globally.
Our Ecosystem suggests 2 completely innovative solutions for the:
Digital Marketing world — Interest-based p2p network that guarantees ROI results cheaper than ever before.
Cryptocurrency world — Alternative way for Webcoin mining which differs from any other type of cryptocurrency mining and proof of work.
The experienced digital marketing, engineering and computer science specialists who have come together to form Webhits.io have created an end-to-end solution to the problem of the high cost of digital marketing and advertising solutions for affiliate marketers, book authors, freelancers, startups, digital media agencies and businesses worldwide.
INCENTIVIZED SYSTEM
Unlike Bitcoin mining where high GPU and CPU are required for the machines to verify a transaction and get awarded for their work, Webcoin mining requires miners to visit advertisers’ websites and social media links submitted on the Webhits.io platform using our desktop application. Every verified visit of an advertiser’s website or completed social media action(eg. like, share, comment) will be awarded with a portion of a Webcoin.
ADVERTISERS
Advertisers won’t be required to mine, but can pay for website and social media services with 70+ altcoins and Stripe. List of supported altcoins is available here. To help advertisers increase ROI and reach wider audience Webhits.io will introduce packages which will unlock various engagement features and actions for over 300 social media platforms.
TRADABLE
Immediately after the completion of the Webcoin ICO round and the distribution of tokens, Webcoin will be listed on at least 1 Digital Cryptocurrency Exchange and available to buy, sell or trade against major cryptocurrency coins and fiat currencies.
AUTO MINING
Our powerful desktop application will allow Webcoin mining. The application will be lite in size. Webcoin mining won’t require any GPU and high CPU power. Read how Webcoin mining works in the whitepaper.
WEBCOIN WALLET
Our wallet will allow the platform users to deposit funds, which will be converted into webcoins, using Bitcoin, various altcoins and fiat currencies. Users will also be able to withdraw their remaining webcoin balances.
Sign up for our Pre-sale round(starts September 25 and will last for only 5 days)to get access to 70% bonus Webcoins!
Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. The information does not constitute investment advice or an offer to invest. Webcoin tokens do not constitute securities.
