Coinidol.com - Bitcoin, Blockchain and Fintech Outlet

[coincrypto]

95% of Cryptocurrencies will Not Survive in 2018

The Blockchain ecosystem suffers explosive growth. According to data from Coinmarketcap just for 11 months in 2017 cryptocurrencies market capitalization grew by 1200%. Investors and hedge funds are fixing unbelievable profits, which they can get from crypto assets, and trying to divert their assets into this niche. Investors are waiting for startups, which will repeat the success of projects like Ethereum (+272397% since ICO) or IOTA (+922448% since ICO).

However, the majority of projects will fail — some startups are created just to gather funds and disappear, some would not handle the competition, but most are just ideas that look good on paper, but in reality, are useless for the market.
Vitalik Buterin, co-founder of Ethereum said:

“There are some good ideas, there are a lot of very bad ideas, and there are a lot of very, very bad ideas, and quite a few scams as well”

As a result, over 95% of successful ICOs and cryptocurrency projects will fail and their investors will lose money. The other 5% of projects will become the new Apple, Google or Alibaba in the cryptoindustry. As these 5% will be the new center of influence, their token demand will create tremendous growth in their valuation brining hundreds of thousands percent of returns on investments made on early stages.

Read the full article: https://coinidol.com/cryptocurrencies-that-will-not-survive-in-2018/

[coincrypto]

How the Blockchain is About to Revolutionize IoT and Why Now is the Time to Invest

In 2015, there were 4.9 billion connected ‘things’ in the world.

By 2020, this number is expected to increase massively. Some have predicted there could be as many as 21 billion connected devices worldwide.
A scenario that was impossible to imagine a few years ago has now become a reality.

What Exactly is the IoT?

The Internet of Things is all around us. It makes a huge impact on our daily lives, and for most of us it has become the norm - we couldn’t imagine living without it. However, there is one major problem with the IoT today...and that’s that very few people actually know what it is.

A report has shown that as of 2014, 87% of people had never even heard of the Internet of Things. In some ways, it still sounds like nothing more than another confusing tech buzzword. But it could be responsible for one of the biggest technology paradigm shifts we’ve ever experienced.

The Internet of Things (IoT), also known as the Internet of Everything (IoE) refers to the collection of devices or objects that are connected to the internet that collect and transmit data via the Internet - from your smartwatch to your refrigerator. Soon, virtually every single device you own will be connected to the Internet.

The demand for the IoT is growing rapidly. Very soon, there will be more IoT devices in the world than there are people. While this comes with many advantages, it also makes us more susceptible to security breaches.

The major problem with these devices is that by using them, we submit all control of our personal data. This is a huge problem when 69% of US consumers believe they should own all the personal data all Internet-connected devices they own.

Read the full article: https://coinidol.com/how-the-blockchain-is-about-to-revolutionize-iot/

[coincrypto]

ARK Might Just Be French for ‘Cryptocurrency’

ARK may have given the world of cryptocurrencies a serious boost by securing a SCIC status. In case you are wondering, SCIC is another phrase for a French cooperative society, or more specifically, “General Interest Co-Operatives.”

You might also be wondering, what is ARK? The one-line description of this company says it is the place to get all-in-one blockchain solutions.

hose who stand to benefit from what ARK has to offer include startups, developers, users, and anyone else in need of cutting edge blockchain technologies. In other words, the company is in a position to create a blockchain ecosystem for many industry players.

And how is it that ARK can achieve this? To begin with, it is very flexible, scalable, and highly adaptable. Without overselling it, what ARK offers is something consumers certainly want. And there is no doubt about it, developers in the cryptocurrency world definitely need the services this company has to offer.

https://coinidol.com/ark-might-be-french-for-cryptocurrency/

[coincrypto]

Next Generation Banking Start Up Etherecash Attracts 40,000 ICO Supporters

After a massively successful pre-ICO in late October, financial innovator Etherecash continues to receive incredible support in it’s mission to revolutionize the banking and finance sectors, with more than 40,000 participants recorded in its ongoing ICO.

After a massively successful pre-ICO in late October, financial innovator Etherecash continues to receive incredible support in it’s mission to revolutionize the banking and finance sectors, with more than 40,000 participants recorded in its ongoing ICO.

With less than three weeks remaining on the clock, the Etherecash token sale continues to garner immense interest, following on from its debut at the World Blockchain Summit in Dubai, which received accolades from Dubai Future Foundation who advocate pushing for blockchain technology.

https://coinidol.com/etherecash-attracts-ico-supporters/

[coincrypto]

Why Pay for Your VPN Bills With Cryptocurrency?

2017 is definitely the year you should start caring about your online privacy, and the number of VPN users has hugely risen those past few months. Why?

In the USA, internet providers are now allowed to collect and sell their users’ data without their consent, while in the UK, more and more laws and regulations are being voted that aim at compromising citizens’ digital privacy. China and Russia are obviously not doing any better, since they are keeping up with their censorship policies and making sure local internet users are blocked from the outside internet and kept from expressing themselves freely online. Online privacy and anonymity is slowly but surely getting compromised, wherever you live – but the good news is there are two major ways to increase and preserve your online privacy: VPN and Cryptocurrency.

Read the full article: https://coinidol.com/why-pay-vpn-bills-with-cryptocurrency/

[coincrypto]

Digital Land: You Can Become a Landowner in the Brave New Virtual World

In December anyone can become a landowner in the emerging virtual world. Arcona, a project providing a link between a layer of augmented reality (AR) and landmarks on the Earth’s surface, have started a pre-sale of tokens. With these tokens users can buy pieces of Digital Land. How will this work?

Digital Land is a layer of AR uniting the real and virtual worlds, where blockchain technology will protect the rights of landowners and content creators. The project will allow users put a layer of data on top of what we normally see.

Arcona’s creations have the potential to fundamentally change our surroundings, with the Digital Land providing limitless opportunities for new forms of business and entertainment. For example, advertisers will be able to place virtual billboards in top locations, while artists can create their own AR shows for public consumption.

For now, users can only see this virtual world through their smartphones, tablets, or other gadgets, such as the HoloLens, but as soon as the contact lens for augmented reality is released, virtual objects will become an ordinary part of our lives.

https://coinidol.com/digital-land-you-can-become-landowner-in-brave-new-virtual-world/

[coincrypto]

DateCoin Collected More Than 688 ETH During the First Days of Their Pre-Sale

The Pre-ICO of the project DateCoin – the world's first dating service that uses intelligent algorithms and neural network technology, based on the already operating successful business model (MVP – app Denim) and which has a buyback program on the blockchain – was launched at midnight on the 29th of November. During the first few minutes of the pre-SALE, the project DateCoin collected over 527 ETH (about $244,000). Over the first days of the sale, more than $ 320,000 was collected.

DateCoin – is a service for "pragmatic dating". That's what sites where successful men are looking for companions, and women are hoping to catch a wealthy bachelor are called. After all, if there is demand, there will be supply, won’t there? The first wave of buying tokens eloquently proves this fact! During the Pre-ICO, DTC tokens can be bought with a discount of up to 50%, the tokens are created and function on the basis of smart contracts using Ether, and it is possible to invest BTC or ETH in the project.

More: https://coinidol.com/datecoin-collected-eth-during-first-days-of-pre-sale/

[coincrypto]

Bitcoin Price: UK and Indonesia Causing Market Turbulence

It seems Bitcoin has fully recovered from the major $9,000 price correction. As of the time of writing, the BTC price at CoinMarketCap amounts to $11,931, which is another all-time high.

Such turbulence in the market was caused by the UK and Indonesia this time. Despite these markets not being the largest in the cryptocurrency industry, their attempts to regulate Bitcoin have caused its price to surge again.

The U.K. Treasury aims at expanding its anti-money laundering and counter-terrorism regulations to cryptocurrency. As digital money suggest anonymity and privacy, it is quite easy to use them for criminal purposes. These new regulations will ensure trading platforms comply with government rules, thus preventing the usage of cryptocurrency for crime. Despite the fact that some might think it is an attempt to centralize the industry, in fact, this might be a benefit, as regulations might ensure an increase of trust in Bitcoin and other forms of digital money.

The Central Bank of Indonesia, on the other hand, is planning to impose a ban on all cryptocurrencies to prevent people from using them for payments.

The full article: https://coinidol.com/bitcoin-price-uk-and-indonesia-causing-market-turbulence/

[coincrypto]

Former Alibaba Senior Manager Revolutionizes Parenting Through Blockchain

Shaoming Yang, who used to work for Alibaba, has joined Babystep and will now be chief business development officer for the Chinese startup that provides the most expansive library of educational video content to parents in 8 languages.

Furthermore, Yang will be handling the e-commerce side on both Babystep as well as FamilyPoints, the very first blockchain platform of its kind. Yang will also form strategic partnership to benefit both FamilyPoints and BabyStep.

FamilyPoints is pivoting itself to revolutionize the global $6 trillion market, creating a community and channel where parenting products and services can be rated and reviewed. FamilyPoints aims to prevent manufactures and service provers from being able to mislead consumers as easily, by establishing trust in a way that is immutable and verified.

To develop the platform, as well as market and expand the platform into key markets once it’s up and running, FamilyPoints will be issuing FamilyPoints Tokens (FPT), which will be used to pay the subscription fees associated with accessing the platform.

https://coinidol.com/former-alibaba-senior-manager-revolutionizes-parenting-through-blockchain/

[coincrypto]

Debit Card Giveaway

Cointed is partnering payment solutions company to provide a crypto debit card that aims to make payments in crypto part of everyday life. Those who contribute to the the Cointed ICO during December have the chance to win a crypto debit card.

Why a crypto debit card?

Clients will link their wallets to the card, in the same way traditional cards work. Payments will be charged in crypto but the merchant has the opportunity to get paid in fiat. This will allow people who want to spend their crypto to do so without forcing merchants to accept digital currency in their stores.

During the Cointed ICO anyone who contributes with more than 20ETH are get a Cointed Limited crypto card for free.

The Giveaway

However, 20 ETH is quite the amount to invest. Everyone who invests in the period from 00:00:01 UTC on Thursday, December 7, 2017 to 00:00:01 UTC on Thursday, December 14, 2017 will be eligible to win one of the five crypto debit cards. To increase your chances, Cointed will weight the chance that you win a card with the amount you invested. So, the more you invest during this period, the more likely you are to win.

Of course, people who choose to invest more than 20 ETH will still get the Cointed Limited crypto card and will be eligible to participate in the draw.

https://coinidol.com/debit-card-giveaway/

[coincrypto]

Bitcoin Price: BTC Breaks Through $13,000 Ahead of the CBOE’s Bitcoin Futures Launch

The upsurge of BTC price goes on. Bitcoin rated $13,200 on CoinMarketCap. This has probably become possible owing to CBOE’s and Gemini’s listing of bitcoin futures.

That announcement caused the market to turn optimistic enough for another all-time high, which is not surprising as CBOE is the largest options exchange in the world. The mere fact that such a giant turned to Bitcoin allows for improving its liquidity and, therefore, a price increase.

More: https://coinidol.com/bitcoin-price-btc-breaks-through-ahead-of-cboe-bitcoin-futures-launch/

[coincrypto]

Bankera Initiates Banking Revolution on the Blockchain, Announces Token Sale

Banking is undergoing its greatest revolution since the invention of the printing press. Technology is changing how money is spent, stored, and exchange especially with the advent of the blockchain. Blockchain has enable startups to start addressing the woes of the banking industry, and while many attempts has been made to create an integrated solution, their focus on niche problems negates the impact of their solutions.

To truly revolutionize the banking industry, the platform will have to showcase the potential of becoming a one-stop store for all financial services, the same way, traditional bricks and mortar banks are now. The platform will also have to reduce the number of counterparties, thus lowering the cost of banking for the end consumer. Such a platform is what Bankera is offering.

Following a successful presale that raised 25 million Euros and gathered more than 16,000 contributors in September, Bankera has officially announced the launch of its token sale. Starting on November 27th, the blockchain-based startup will offer its BNK tokens to the general public to implement its decentralized banking services.

Bankera is an operational fork of SpectroCoin ( https://spectrocoin.com), a successful cryptocurrency exchange, e-wallet, debit card provider and payment processor with an established client base of 490,000 clients and over 64,000 cards issued. Leveraging core infrastructures whose functionalities are now comparable to the traditional banks, Bankera is the natural extension of SpectroCoin’s services to develop a banking system for the blockchain era.

https://coinidol.com/bankera-initiates-banking-revolution-on-the-blockchain/

[coincrypto]

LiveTree Announces ICO to Take on the $500 Billion Hollywood Industry

When the financial industry crashed in 2008, it left in its’ wake the greatest financial crisis in modern and a decade worth of economic turbulence. Career progression, especially in the creative industries been hit hard by shrinking budgets, and is now dependent on personal connections, private wealth and insider knowledge rather than talent and dedication.

LiveTree is set to address this problem through its Advanced Decentralized Entertainment Platform for Transparent distribution, ADEPT targeting the $500bn film, TV and content industry.

LiveTree is a film, TV, and content creation and distribution company that has already captured 5% of the UK entertainment crowdfunding market in the last 2 years. The company has instituted partnerships with several high-profile establishments including The British Film Institute, Red Rock Entertainment, the Screen Arts Institute, and also boasts of over 14,000 industry suppliers worldwide.

https://coinidol.com/livetree-announces-ico-to-take-on-hollywood-industry/

[coincrypto]

Bitcoin Price: The Upsurge Goes On

Bitcoin price broke through the $15,000 threshold as CME’s launch comes closer.

Cryptocurrency is attracting more and more investors, which makes its price go up. The prominent fact is that Bitcoin market cap is now exceeding that of the fiat banking giant, JPMorgan Chase.

Some minor cryptocurrency markets are attracting new investors by increasing premiums. For example, in South Korea, BTC is traded at a rate of over $17,000, which is about $2,000 more than in the global market. Following this example, Ukrainian cryptocurrency exchange btc-trade.com.ua also trades Bitcoin at a rate of $17,064.

These markets are quite small. According to CryptoCompare, a cryptocurrency market data provider, the South Korean cryptocurrency market takes less than seven percent of the global bitcoin market share. The Ukrainian market is also small, though the country has the largest programming talent pool in Eastern Europe, boasting numerous blockchain solutions.

Read more: https://coinidol.com/bitcoin-price-upsurge-goes-on/

[coincrypto]

Spectre: Eliminating Fraud with Decentralized Liquidity Pool

Cookeville, TN- Speculative Tokenised Trading Exchange, otherwise known as SPECTRE, is a new and innovative platform designed to rid the financial market of the ethical issues it faces.

SPECTRE was first developed in the fourth quarter of 2016 by Karan Khemani and Zisis Skoulouds of Neuchatel Ltd. Both of these men have strong backgrounds in the financial world. Khemani once held executive positions at companies such as J.P Morgan and Goldman Saches. He is a blockchain enthusiast who received his BSc and MSc in Decisions Sciences from the London School of Economics (LSE). Khenamani is responsible for the design, architecture, and expansion of SPECTRE into the marketplace. Skoulouds is an electrical engineer who has previously worked at INO SA & Siemens where he designed and implemented their ERP software. Skoulouds received his MSc in Decisions Sciences from the LSE and is responsible for the financial forecasting and risk management of SPECTRE’s liquidity pool. These two men, with the creation of SPECTRE, seek to rid the financial marketplace of the ethical issues of the traditional methodology.

https://coinidol.com/spectre-eliminating-fraud-with-decentralized-liquidity-pool/