SocialX: The Decentralised Social Network

It is estimated that Facebook now has more than 2.05 billion monthly users worldwide.

It is no overstatement to say the past decade social media has transformed the way that we live. It is now completely entrenched in most people’s day to day activities.

Sharing your thoughts, insights, photos and videos through social media is now completely natural for most people.

Despite the growth of social media it is certainly not without its problems. Fraudulent accounts, profiting from users data and privacy invasions are just some of the issues that traditional social media platforms currently face.

Blockchain technology offer exciting new ways to address some of the problems. Already the runway success of the blockchain based social platform Steemit demonstrates that there is strong demand.

The newest entrant into this arena of blockchain enabled social platforms is SocialX. Unlike Steemit, SocialX has a strong focus on photo and video sharing. It also aims to create a much simpler to understand model, compared to Steemit.

To raise funds for the development of the platform SocialX is running an Initial Coin Offering (ICO). Here we’ll look at some of the key questions about SocialX and it’s upcoming ICO.

What is SocialX?

SocialX is a decentralised social media platform. Using the SocialX users can keep photos and videos either private or public. They can also choose whether they want to distribute the content they upload either for free or get paid in SOCX tokens.

What is SOCX token?

SOCX is an ERC20 compliant cryptographic token based on the Ethereum blockchain. SOCX is the native token used for paying for content and services on the SocialX platform.

How many tokens will be created?

The total supply of SOCX tokens will be 90 billion.

What will the price of SOCX be set at?

During the ICO the exchange rate for SOCX will be 1ETH is equal to 12,500 ETH.

When does the ICO start?

The ICO is set to begin on 15th of January 2018.

SocialX ICO

Will SOCX be listed on a cryptocurrency exchange?

The plan is to list SOCX on at least one of the major exchanges shortly after the finish of the ICO. After that SocialX wants to have SOCX listed on a number of different exchanges.

Where can you find more information about SOCX?

You can learn more about SOXC by visiting:

SocialX Website: https://socialx.network/

Social X Whitepaper: https://socialx.network/whitepaper/

A Guide To The ALMBank Token Sale

ALMbank is new crypto platform looking to transform the relationship between workers, startups and charities. ALMBank is currently undertaking a public token sale where they will be distributing their AALM token. Here we’ll look at some of the most important information about ALMbank so you can decide if its a token sale you would like to participate in.

What is ALMBank?

ALMBank is an Ethereum-based cryptocurrency platform that can be used for financing otherwise un-fundable projects. It is a powerful platform for any individual who wishes to hire people from within the crypto-community.

It is the first barter system-powered labor force, and a platform where people can earn and spend coins. Freelancers can showcase their skills on the platform at no cost. This in effect turns ALMbank into a type of tax haven, because startups and charities are able to hire for their projects without any funds having to exit or enter the system.

What is its Token Symbol?

For ALMBank, the token is shown by the symbol AALM. Built on the Ethereum blockchain it is ERC20 compliant.

How Many Tokens Will Be Distributed?

There is a total of 119,998,800 AALM tokens in distribution.

What is the exchange rate for AALM?

1000 AALM can be exchanged for 1 ETH.

Is there a hard cap for the token sale?

The hard cap is set at 99, 999, 000 AALM tokens for the whole distribution.

Almbank

Is there a presale for AALM?

Yes, there is a presale for this token.

What are the dates for presale?

The date of presale for AALM starts on February 27, 2018 and ends on March 29, 2018.

Are there any bonuses for the presale?

Yes, AALM developers are offering presale bonuses for the token. For an investment of less than 1 ETH, you cannot avail any bonus. For investments between 1 and 3 ETH, it is possible to avail 5% bonus. For customers who invest 3 – 10 ETH, 10% bonus is available. A 15% bonus is offered to those who invest 10 ETH or higher.

How will the funds raised in ALMBank be used?

The crowdsale and pre-sale of the ALMBank token will aid in financing the platform’s development, as well as its branding and marketing. The smart contract technology of ALMBank will be used for secure use of deposited funds on the Ethereum blockchain.

Almbank Token

Who is the team behind ALMBank?

It has a strong team comprising of talented and skilled people, including Nicholas Walker as the CEO, Phillip Mccarty as CTO and Austin Muhs as Advisor. There is Michael Castleman as Digital Content Manager and Andy Fuhr in charge of Management/Cloud Security Infrastructure. The others include Senior Accounting Manager Jessica S. Healy, Marketing Consultant Rob Rukstalis and Head of Token Development Pavel Rubin.

Where can you find more information about ALMBank?

Most of the information about ALMBank can be availed at https://www.almbank.io/. It has full information about this marketplace / work platform. You can find out about what the ICO is, how it works, services that are included, features of the platform and more.

You can read more at:

ALMbank white paper: https://www.almbank.io/front/images/assets/WhitePaper_v_2.1.pdf

Nitro Wants To Create A New & Fairer Economic Model For The Gaming Industry

Video games now earn more than nine times as much as Hollywood.

And nowhere is the demand for video games hotter than in Asia which boasts a staggering 1.14 billion players.

These gamers have also demonstrated that they are more than happy to spend real money on in-game purchases.

While this is great news for the games industry as a whole, the gains are not always being distributed evenly.

Two of the most important groups within the gaming ecosystem – gamers & up and coming games publishers – don’t see the full rewards of the billions of dollars being made in the industry.

Instead the vast majority of the value is captured by large game publishers.

Nitro has a plan to use the decentralised and democratising power of the blockchain in order to help change that situation.

It has developed a completely new economic model which would see gamers become far more participatory in the games which are chosen to be published. Gamers would also be able to enjoy a share in the financial rewards from teh games that they support.

Smaller games publishers that need capital can use the Nitro platform in order to get funding where it might be difficult to do so otherwise.

Why small games publishers struggle with funding – and what Nitro can do to help

Small games publishers often struggle to attract funding from traditional sources such as banks, VCs, and angel investors because the team lacks a strong track record of success.

It is difficult for VCs or angel investors to assess the quality of the games that these publishers are creating because they are not gamers themselves.

This creates a situation where games that undoubtly have a real appeal are not funded.

Nitro takes a different approach. Accepting that upcoming games publishers by there very nature are not necessarily going to have an extensive track record, they instead look at the quality of the games to decide who to invest in.

This selection process is performed in two stages.

First an industry group of experts selects the PGP (Promising Game Publishers) then they believe should be presented to the Nitro community.

Selected games from these PGPs are then put to holders of NOX tokens to vote on whether they should be funded or not.

Nitro ICO

The games that are voted for receive funding.

The benefit of this system is that it is being curated and voted for by people who understand what makes a great game. It also creates that all important initial audience for the game. The NOX holders who vote for a game to be made are almost certainly likely to play the game as well.

In return for this funding the games publisher pays a percentage of the revenue back to the Nitro platform.

Using NOX & NOD Tokens

Used for in-game purchases will be Nitro Dollars (NOD). These are a stable currency which is linked to the the USD. One NOD Is always the equivalent of one USD.

NOX and NOD can be freely exchanged back and forth amongst one another. On the Nitro Marketplace will be an online store where NOX and NOD can be interchanged.

NOX Crowd Sale

NOX is being distributed in a crowdsale from 1st December to 26th December 2017. You can learn more here:

Website: https://www.nitro.live

Whitepaper: https://www.nitro.live/files/en/Nitro%20Whitepaper%20v4.0.5.pdf

Arcona ICO Targets 1 Billion User AR Market

By 2020 its predicted that there will be 1 billion users of Augmented Reality (AR).

Augmented Reality, a technology which places digital elements into the real world, could have a transformational impact on the way that we live.

While augmented reality holds great promise it is not without its challenges.

Currently there is no one single tools which enables users to easily interact with augmented reality. Indoor AR projects are relatively easy to constructor, but outdoors one hold much greater challenges. And there are multiple different AR platforms which currently only support one AR enabled device.

Arcona is an innovative AR ecosystem built on the blockchain that believes it has a solution to those problems. Here’s who Arcona believes that it can help AR reach its full potential.

Arcona

Cross-Platform Solution

Arcona is a cross platform solution meaning that it will support any device. Users of Arcona will be able to interact with digital elements in real world locations using any type of AR enabled device.

Working In Outdoor Environments

Arcona allows you to remotely place AR objects with a high degree of accuracy in a changing physical world environment. This is possible because Arcona doesn’t use GPS but rather real world objects as markers.

Single Tool For Access

Arcona will be a free public information space that is accessible to all users.

In order to fund the development of this augmented world Arcona is currently holding a token sale. Distributing during this token sale will be the Arcona token. This token will be used in order to buy, rent, sell and lease land within Arcona.

The Arcona Token

Used throughout the Arcona ecosystem will be the Arcana token. This is being offered as part of a public crowd sale. You can learn more about the Arcona crowd sale here:

Arcona Website: https://www.arcona.io/

Arcona Whitepaper: https://www.arcona.io/ARCONA-WP.pdf

What You Need To Know About The LOCIcoin Token Sale

LOCIcoin is utility coin which will be used through-out Loci an IP discovery platform.

In order to fund the development and marketing of the platform Loci is offering LOCIcoins in a token sale.

Here we’ll look at some of the key details about this token sale.

Usage

LOCIcoin has two primary usages. LOCIcoin is used for staking inventions onto the blockchain. Secondly LOCIcoin is used for buying and selling IP on the platform.

Loci

Hardcap

Loci have set the maximum amount of funds that they want to raise from the token sale at $19 million.

Pricing

There will be four rounds for the LOCICoin sale. Pricing will vary depending on which round LOCIcoin is bought in:

Round 1 (Dec 6 -8)- $0.33
Round 2 (Dec 8 – 15) – $0.44
Round 3 (Dec 15 – 22)- $0.57
Round 4 (Dec 22 – 31)- $0.75

Contribution

The LOCIcoin token sale is open to residents of the United States. Payments need to be made in Ethereum. You will need to use ERC20 compatible wallet like MetaMask or MyEtherWallet.

Further Reading

You can learn more about LOCIcoin and the token sale by visiting:

Loci Website: https://locipro.com/

Loci Whitepaper: https://locipro.com/wp-content/uploads/2017/12/loci-full-whitepaper.pdf

A Guide To VIN Tokens

VinChains goal is to provide a decentralised registry of vehicles history. By placing all of the data about a vehicle on the a blockchain it aims to provide a complete picture of that car.

VIN tokens are a cryptographic token which will be used with the registry. When someone wants to check the history of a vehicle using VinChain they need to pay using VIN tokens. It is costs 25 VIN tokens in order to check the history of that vehicle. At the ICO price per token that equates to a car history report costing $1.25.

In comparison the minimum a car history report can be obtained at in the current market is $9USD. This should give VinChain a clear competitive advantage over other car history report providers.

The payment made in VIN tokens will be distributed to the participants in the system that provide information about the vehicle. These participants include business and organisations that have relevant information about the vehicle. They include car dealers, insurance companies, banks amongst others.

VIN token is therefore in essence a utility token. VinChain intends the VIN token to be a stable cryptocurrency which value is derived from providing car history reports, rather than speculation.

VIN tokens are to be made available for purchase through an ICO. This will have a presale and mainsale phase. During the presale the VIN tokens is priced at $0.03 and during the main sale $0.06. As a consequence there is a steep discount available for anyone who participants in the presale phase.

Read more about VIN tokens:

Vinchain Website: https://vinchain.io/

Vinchain Whitepaper: https://vinchain.io/files/VinChainWhitePaper011217.pdf

Mindsports IO Wants To Eliminate Cheating From Mind Sports Online

The potential for cheating is a major issue for online games like Chess and Bridge.

Cheating is common for two reasons. The first is that there is a clear incentive to do so once monetary rewards are involved. The second is that cheating is relatively easy to do. Chess engines, player collusion and cheating by platform administrators all open up the possibility for unfair play.

The spectre of cheating has prevented mind sports from actualising their full potential. While large prize pools are definitely feature of modern mind sports they could be more widely available if cheating could be prevented.

Mind Sports IO is an innovative decentralised platform for mind sports which has integrated into their network a sophisticated multi-layer anti cheating system.

Mindsports

How Anti-Cheating Layers Works

In Mind Sports cheating can occur in a number of different ways and from various different participants. As a consequence there is no one right way to prevent cheating.

What is required instead is a multi-pronged approach. This is how Mind Sports IO wants to solve cheating.

First there is the stasitical analysis layer. This will perform analysis of players game play and compare this against chess engines.

Secondly there is a reputation layer. This intelligent reputation layer will flag up players with suspicious game metrics, playing habits and other factors. Users of the network will help to improve this layer by providing the engine with relevant metrics and be rewarded with MIND tokens in return.

Thirdly there is the community layer. Here users of the network will act as arbiters for disputes. Tokens can vote to resolve a dispute and gain improved reputation scores and MIND tokens when they are able to identify cheaters.

MIND Token

The MIND token will be used through-out the Mind Sports IO network including as part of the governance mechanism. The MIND token is an ERC20 token created on the Ethereum blockchain. 35 million tokens will be distributed as part of a token sale. Tokens will be priced at 1000 MIND tokens is the equivalent of 1 ETH.

Links

Mindsports IO Website: https://www.mindsports.io/home#spin

Mindsports IO Whitepaper: https://drive.google.com/file/d/0B23oU2WDqlyWZHNvM2ZZLWNrVmc/view

Mindsports IO Tokensale: https://www.mindsports.io/home#tokensale

How BANKEX PoA Protocol Could Help Startups

Three friends found a startup.

Like many startups it has both its up and its downs.

It attracts customers but also competitors. Investors attracted by the progress the startup is making, start to make overtures.

For two of the friends such offers are instantly disregarded. They are interested in the long term future of the company.

But, one of the friends is not quite so passionate about their startup. He has his own business he would like to start and he wants to do it his way.

In short he’s ready to cash in his chips and get out.

The friends are at crossroads. They can’t reach a mutual agreeable decision about how to proceed. Two of the friends are completely against the idea of selling out, the third wants it to happen right now.

Bankex ICO

This is becoming a major issue as the startup stalls because of the time being devoted to the issue of to sell or not to sell.

If they were a publicly listed company such a disagreement migh not be such an issue. The founder who wants out could sell his shares on the market.

But like 99% of all companies in the United States they are private.

BANKEX is an innovative proof-of-asset protocol which offers a solution to problems just like this one. With BANKEX the details of the shares can be recorded using a smart contract.

The founder who wants to sell out has their share become tokenised in a digital asset.

The nominal holder for that share can be any entity that is permitted in that jurisdiction.

This digital token can now be traded and the founder who wants out can realise the value of their holding.

But, at the same time the shareholding for that company is essentially reminding the same.

All parties are happy and the startup can continue on its path to growth.

This is just one example of how Proof of Asset (POA) tokenisation could have a massive impact on the way that assets are traded.

The type of scenario listed above happens every day, and this is just the field of private companies. There a vast array of assets that are currently difficult to trade and move which are ripe for tokenisation.

BANKEX is currently running a token sale for their BKX tokens. You can learn more here:

BANKEX Website: https://bankex.com

BANKEX Whitepaper: https://bankex.com/en/whitepaper

Is Crypto Crowd Investing The Future Of Finance? CrowdWiz Thinks So

In 2017 venture capital via cypto tokens was four times large than traditional early stage investing.

The shift towards crypto-tokens as a funding mechanism for entrepreneurs is likely to only continue.

Traditional methods of fund raising have layers of intermediaries which increase cost and add friction to the process.

CrowdWiz is a new decentralised investment ecosystem which is taking the ability to fund raise via crypto-tokens to the next level.

Crowdwiz Laptop

CrowdWiz Core Concepts & Tools

CrowdWiz is based on the idea of the wisdom of the crowds. This is a thesis which is based on the concept that groups of people, making decisions in a decentralised & independent way, are able to make superior predictions than individuals.

The reason for this has to do with the marginal knowledge that individuals possess which can on aggregate produce superior results than even an industry expert.

For example, a financial analyst might have researched a retailers financials in-depth. Compared to almost anyone else they would know more about that company and it’s future financial prospects.

A person who shops at that retailer might know nothing about the financial information regarding the retailer, but they do have personal insight into their shopping habits. When you compare predictions from the shopper and the analyst, invariably the analyst will make a more accurate prediction.

What is interesting is when these two peoples predictions are combined. The “marginal” knowledge that the shopper has, is added to the financial analysts in-depth research, and a superior prediction is made.

Crowd investing takes this principle and magnifies it. Instead of just two people having their opinions aggregated and entire group makes predictions on the prospects of a financial asset.

While good in theory, crowd investing is harder to apply in practice.

One of the major challenges is that crowd investing requires that no one person has outweighed influence on the prediction or is able to sway the decisions of the other participants.

What you need in essence is a kind of decentrlised and independent platform where everyone is allocated only a single vote.

This is exactly what CrowdWiz is able to achieve through WizFund and WizVoting.

Anyone who holds the CrowdWiz ecosystem’s native token called a WIZ token is able to establish a WizFund which will invest into specific financial assets. Token holders that want to participate in the WizFund can then choose to do so.

The financial investment decisions that the fund makes is decided through a process called WizVoting. This system uses unique technology to ensure that everyone who is involved is only a a single vote. Voting is done through the blockchain many that the process is completely transported and can be tracked in real time.

Conclusion

If the theory of the wisdom of the crowds proves to be correct then it could have a huge impact on the way that investment decisions are made. WIZ token holders who are early adopters should be able to produce superior returns if the crowd can in fact make superior investment decisions compared to individuals.

CrowdWiz Token Sale

CrowdWiz is currently distributing WIZ tokens through a public token sale. You can learn more details about the token sale by visiting the links below:

CrowdWiz Token Sale: https://crowdwiz.io

CrowdWiz Whitepaper: https://crowdwiz.io/docs/whitepaper-en-1507561917.pdf

CrowdWiz Lightpaper: https://crowdwiz.io/lightpaper

Is Foreground DEAL Token Worth Investing In? Here’s What You Need To Know

Foreground is a new decentralised affiliate marketing network. Foreground connects publishers with advertisers massively reducing commissions for both.

Used in the Foreground network is the cryptographic token called DEAL. Here we will look at why DEAL tokens may increase in value following their distribution during the current token sale.

Overview of the Deal Token

A maximum of 450,000 DEAL tokens will be created. Of these 333,000 are set to be sold to the public during the token sale.

DEAL tokens can be used to to create promotions on the Foreground network.

Using DEAL tokens to create ads will be up to 80% less expensive compared to using other purchasing methods.

When DEAL tokens are used they will have greater exposure on the Foreground Dapp (Decentralised Application).

For these reason DEAL tokens should prove to be a popular method for purchasing ads.

What is most important for investors in the DEAL token sale is the fact that when a token is used to buy advertising it is burnt.

As the platform is used more, so to are more DEAL tokens burned. This is turn decreases the available supply. If demand stays constant or increase, then this should naturally lead to an increase in the price of the remaining DEAL tokens.

Secondly the value of DEAL tokens are donimimated in Ether. If the price of Ether rises then the price of DEAL tokens should also increase relative to USD. It is calculated that if the value of Ether was to increase to 2000 USD / ETH then the USD value compared to the price at the token sale would be 80x.

While the value of DEAL tokens is highly contingent on the success of the Foreground network, there is good reasons to believe that it may prove popular. Affiliates are driven by seeking out the best ROI. Because Foreground will eliminate intermediaries it should be able to offer better commissions than are available elsewhere. If the Foreground has a good pool of affiliates and low comissions then it should naturally follow that advertisers will want to be involved with the platform.

If you would like to purchase your own DEAL tokens you do so through their token sale currently underway. For more information visit: