Iran Continues to Develop State Cryptocurrency Despite Central Bank Ban

April 30, 2018 Kevin Helms 0

Iran Continues to Develop State Cryptocurrency Despite Central Bank BanIran has been developing its own cryptocurrency, a project which has yielded an experimental local crypto, despite the country’s central bank banning banks from dealing with cryptocurrencies. Iran’s Information and Communications Technology Minister has shed light on the project, commented on its alleged use to evade sanctions, and clarified the central bank’s action. Also read: Yahoo! […]

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Just a reminder to the newcomers: coin vs. token

April 30, 2018 /u/abl8ed 0

This is the true list of the top cryptocurrency coins. If a project is not on that list, then it is a token. Tokens are essentially kickstarter projects created on an existing blockchain’s platform. The most common form of tokenization is the creation of an ERC-20 token on Ethereum’s blockchain platform.

Some companies do not need to crowdfund, and simply use tokenization as a component of their project’s ecosystem (eg, Binance Coin). Generally, however, tokenization is a strategy that is used by startup companies as a form of crowdfunding. Many of these startups are aiming to develop their own blockchain platforms and, as such, are using tokenization to raise money in order to hire developers to help them create this technology with them, or for them. In the latter situation, tokenization is used to crowdfund so that the founders can acquire the resources necessary to help them deliver on the promises that they made in their whitepapers.

On the other hand, if you invest in a coin, either you are investing in a project that copy and pasted another coin’s code and developed a “new” blockchain that is nearly identical to an existing coin’s blockchain (eg, Litecoin is essentially identical to Bitcoin), or you are investing in a project that is building a novel blockchain platform from the ground up, but had the coding skills and resources to do it without having to crowdfund using tokenization (eg, Bitcoin, Ethereum, Ripple, Cardano, Stellar, Litecoin, IOTA, NEO, Monero).

You probably realize by now that, on this subreddit, you see a lot more “announcements”, “updates” and “news” about tokens. The reason being that tokens need to market in order to achieve their goal (raising money).

If you invest in a coin, you are investing in an existing platform with a working product. The existence of the coin itself is a testament to their novel (or copied) blockchain being functional. The product may be incomplete, and the team may be working on adding more functions to their platform as their roadmap comes to fruition, but the fact that they have a coin that does not require another project’s technology to function means that they do indeed have their own working blockchain platform.

If you invest in a token, you are investing in the promises stated in its whitepaper. Although they may announce that their TestNet/MainNet will launch on a particular date, there is no guarantee that it will actually work. As long as a project is tokenized, the team is not using their own technology.

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Hungarian and Peruvian Localbitcoins Markets Post Record Volume

April 30, 2018 Samuel Haig 0

Hungarian and Peruvian Localbitcoins Markets Post Record VolumeThe Localbitcoins markets of several nations have produced significant spikes in recent weeks, with the peer-to-peer (P2P) markets of Hungary, Peru, and Venezuela establishing new all-time highs for volume when measuring in trade in fiat currency. Also Read: Bitcoin in Brief Monday: Outage Downs Telegram, Bitcoin Shines on a Bank P2P Markets of Latin America Surge […]

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Japanese Regulator Pressures Exchanges to Drop Privacy Coins

April 30, 2018 Kai Sedgwick 0

Japanese Regulator Pressures Exchanges to Drop Privacy CoinsJapan’s Financial Services Agency, tasked with monitoring the country’s cryptocurrency exchanges, has quietly been pressuring platforms to delist privacy coins. Coincheck has already done so in the wake of the $400 million NEM hack. If fellow exchanges follow suit, it could signal the beginning of the end for privacy coins such as zcash and monero […]

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PayFair: Decentralized Escrow [LAUNCHED]

April 30, 2018 /u/InteractiveLedger 0

Hello, dear friends! PayFair – Platform Launch! We are pleased to announce that the PayFair platform has officially launched! Trading is now live across all cryptocurrency and FIAT pairs. You will be able to access the platform via payfair .io/. The fo…

PR: Roger Ver Joins Blockchain Accelerator BlockChainWarehouse

April 30, 2018 Bitcoin.com PR 0

Roger Ver Joins Blockchain Accelerator BlockChainWarehouseRoger Ver, founder of Bitcoin.com, and Mate Tokay join the advisory board of BlockChainWarehouse (BCW). To bring their insight and resources to help grow BCW and the companies that move through its’ accelerator program.

BlockChainWarehouse is an accelerator that helps take companies from an idea to their Token Sale. While providing legal counsel, access to expert advisors, marketing services, token sale platforms and aid with KYC/AML compliance. They want to change the way the world thinks about Blockchain, by ushering in a new era of companies adhering to a higher quality standard than the typical ICO.

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Neblio: Simple Enterprise Solutions, with BaaS (Blockchain-as-a-Service)

April 30, 2018 /u/japt2 0

Neblio(NEBL) ICO DATE: September 2017

Idea

While platforms such as ETH, VEN, LISK, and NEO are trying to make waves as the next big ICO platform from a top-down perspective(luring in huge businesses), Neblio has been slowly but surely growing targeting the small businesses at the floor. Neblio’s specific advantage over all these other coin is simplicity. The team understands that blockchains are a new technology, and making your own blockchain can be intimidating, even if your business could benefit greatly from using it. Their entire business model revolves around user-friendly objectives. You can stake NEBL on a raspberry pi with just one line of code. You can use 8 popular languages to code your blockchain. NEBL makes blockchain solutions easy and simple to the average developer and enterprise.


Roadmap & Accomplishments

https://nebl.io/roadmap/

From its launch in fall last year, Neblio has been following and meeting their roadmap diligently. There have been many times when they announce deadlines before the roadmap specifies they should be done. This team of 3 developers( a major worry point for me in the beginning) has shown us that quality>quantity.

If you look at Neblio’s roadmap, you can see that they have gone above and beyond their goals.

Their accomplishments:

Wallets: Web wallet, Electrum, Android, Mac, Windows, and Raspberry Pi.

NPT1 Tokens(more info below.. Think Neblio equivalent to ERC20 tokens): Metadata, atomic swaps, non-fungible, 2-click creation on Orion Web Wallet.

All NPT1 Tokens created are immediately able to be sent and received via Orion Web Wallet.

Coding language compatability (8): Java, Javascript, C#, Go, Ruby, Python, .NET, and node.js.

Neblio University(https://nebl.io/learn/): a online website to learn about Neblio and how to code. Documentation of APis are also on there: if you want to code in any of the 8 languages listed above, Neblio makes it easy through their simple and intuitive APis for each language.

*** Short description of NPT1 token technology ***

The NTP11 tokens themselves contain the ability to store metadata on the blockchain, which results in non-fungible blockchain tokens. Ethereum hasn’t implemented their ERC-721 non-fungible token standard yet, so it’s impressive that Neblio implemented this functionality so early compared to their platform peers. Non-fungible tokens allow for unique-attribute tokens of the same type, which provide ownership functions, metadata inclusion, events (smart-contracts), and regular fungible token functions. A non-blockchain analogy would be baseball cards, where they have different attributes, including names, teams, pictures, and statistics associated with each individual card — but it’s still clearly a baseball card. Non-fungible tokens will be the catalyst for opening up the market for transferring ownership, like real-estate, automobiles, or any digitized property. NTP1 tokens can be created as either fungible or non-fungible token assets.

NTP1 tokens natively support encryption of metadata, so that sensitive data may be written to the blockchain using RSA public key cryptography. This built-in encryption ability will enable privacy-centric industries to implement NEBL tokens without additional security measures to secure their data stored on the blockchain. Transferring the keys to read NTP1 token data can even be integrated into dApps, if desired. Additionally, NTP1 tokens support the creation of smart contracts which can restrict or direct token movement, including lockup and expiration rules, as long as whitelisting or blacklisting of Neblio addresses.

*** End of Technical Description ***

With the orion web wallet (orion.nebl.io), all NPT1 tokens can be created within 2 clicks and immediately sent/received from creation. There’s no need to wait for each token to make their own wallet anymore, or to download a third-party wallet like Ethereum. All wallet’s are created by the Neblio team for the Neblio ecosystem. They cost 10 Nebl(roughly 160 dollars right now) to create, drastically lowering barriers to entry in comparison to coins like NEO, while still offering unmatched functionality for tokens.


Financial

Since the reversal to a bull run from the beginning of April, Neblio has increased over 100%(from $7). It is currently sitting at around $16.

Proof of Stake: Neblio secures its network through Proof of Stake, in which stakers are assured around ~10% staking returns a year. Although this may seem astronomical, Neblio’s tokenomics is very well set up. Neblio is an inflationary currency, and stake rewards given to stakers are a combination of newly created NEBL and recycled NEBL from transaction fees, all calculated to give around ~10% returns a year. When staking, a user’s neblio must be locked up in their wallet and untouched. Assuming 20-40% of the tokens are staking, Neblio should see around 2-4% inflation a year. Profits from staking are from an offset between the 10% staking rewards and the 2-4% inflation.

Supply: Neblio currently has around 13-14 million coins, which is a very low supply relative to other comparable coins.

Marketcap: Neblio is currently sitting at around a 200 million marketcap. Compared to other platform coins of similar caliber(NEO, STRATIS, LISK), Neblio is sorely undervalued with no reason they can’t match these platforms in marketcap.


Advertising

Q2 marked the start of Neblio’s new advertising campaign. They have recently created a promotional advertising video quickly showcasing Neblio’s strengths amongst other platform blockchain projects. The video link is below.

https://www.youtube.com/watch?v=9nZgTFar9gg&feature=youtu.be&a

Unlike other teams, Neblio put absolutely 0 focus on marketing until now, since they have completed all the functionality they needed for token creators to make and distribute their tokens easily. From now on, the Neblio team will be constantly updating their APi Libraries based on their own thoughts and token developer input and be actively seeking new token creators to create tokens on their platform through marketing.


Team

In the beginning the team was a wildcard. Nobody knew for sure who they were or what they were doing, but within the past 7 months, the Neblio team has proven that they are hardworking and talented devs. They have released more in the past two months than almost any other high marketcap smart-contract platform. Even though we as a group love to hype up already famous people, the NEBL team has yet to disappoint, and there is no reason to believe they won’t continue delivering amazing results.

Furthermore is that the Neblio team has a long term vision for themselves. They have created a platform, APis, and simple, intuitive solutions for blockchain creation. They are opening blockchain for the average business and for large businesses. The Neblio team, in the long term, hopes to gain revenue(similar to a service business/company) by offering their expertise to businesses hoping to build blockchains. While developers can create their own blockchains by themselves through Neblio if they want, Neblio’s long term business model is to manage and assist those in need of blockchain solutions and receive payment in return. Considering this is a different way for them to generate profit other than their coin model, it really shows that the Neblio team is thinking long term and not just a team concerned with insane price rises.

Another great sign from the team is that the Neblio ICO was bought in by everyone, including the team. Usually ICO creators leave a portion of the tokens for themselves. Not the Neblio team. They bought into their own ICO like everyone else; they had that much confidence in their ability to deliver. There is absolutely 0 reason to think that this could be an elaborate scam or a dead project. The Neblio team has delivered and is here to stay.


TLDR; Neblio best coin.

Better TLDR: 2-click token creation, 8+ Languages, Team bought into their own ICO, 10% staking rewards.

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Vive la France! Bitcoin Tax Slashed by Republic

April 30, 2018 C. Edward Kelso 0

Vive la France! Bitcoin Tax Slashed by RepublicAccording to Le Monde, France’s State Council of taxation has announced a severe lowering of financial penalties on gains from cryptocurrencies such as bitcoin. The agency is signaling crypto tax will plummet from its current 45% to an across the board flat 19%. It’s a dramatic change in orientation from the government. Could it be […]

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