TORONTO — April 9, 2019
Gofind XR (https://www.gofindxr.com), a blockchain protocol for XR (Extended Reality) app developers, today has announced a new decentralized framework for the physical spatial world around us.
“Web 1.0 was the information era, and Web 2.0 was the connected era. Web 3.0 is the latest iteration of the Internet and introduces a new dimension, the physical space around us aka the spatial web within a decentralized framework,” said Gofind XR CEO, Manindra Majumdar. “Our decentralized protocol provides application developers with all the infrastructure they need to build and monetize their XR applications on top of this new spatial web.”
Extended Reality (XR), which includes Virtual Reality (VR), Augmented Reality (AR) and Mixed Reality (MR) enables users to engage with the Internet at deeper, more meaningful levels.
“If you try to watch a 3D movie on a TV that only supports 2D, you will have a terrible experience,” said Gofind XR CMO, Abbas Alidina. “This is exactly how XR application developers feel, as they are trying to build web 3.0 spatial applications on outdated Internet infrastructure that doesn’t support spatial dimensions. Our decentralized protocol for spatial XR apps fixes this problem.”
Gofind XR enables new types of extended reality applications, including XR gaming platforms, XR advertising networks, XR shopping, XR social media, XR real estate and XR insurance. The Gofind XR SDK opens a brand new platform for development and monetization of a new generation of apps for Web 3.0
Users can own a portion of this spatial web by staking XR tokens in exchange for a piece of XR land. “Just like Internet users purchased .com and .net web domains in the early days of Web 1.0, savvy users are now rushing to own a Web 3.0 stake in some of the world’s most popular landmarks, such as the Eiffel Tower in France or Angkor Wat in Cambodia,” adds Majumdar. “These early movers are well positioned to benefit from the XR experiences and communities that are forming around the land they now own on the new spatial web.” Holders of XR web get a share of network fees around their staked geo-locations. The Mainnet 0.5 for staking on the spatial web is already set up, and you can see a demo here https://youtu.be/jGoFDnsiIhI .
To obtain a stake in the spatial web, users can purchase XR tokens and exchange them for land here: https://ico.gofindxr.com/ on the token sale. More info on the token sale can be found on the main website.
Although the token sale officially begins on June 2019, some early adopters can get some early tokens right now from a limited pool with 35% bonus using this link for a limited time http://invest.gofindxr.com/bonus35.
About Gofind XR:
Gofind XR is the first decentralized protocol for spatial XR apps. The Gofind XR blockchain protocol enables app developers to build and monetize XR (Extended Reality) applications for the spatial web. Users can own a portion of this spatial web by staking XR tokens in exchange for a piece of land. Learn more at https://www.gofindxr.com
After Bittrex controversial cancellation of RAID token’s Initial Exchange Offering (IEO), it did not stop the Singaporean based cryptocurrency exchange, KuCoin, to launch its first Spotlight project called MultiVAC. IEO has become a trending concept to native tokens of major crypto exchanges like KuCoin’s KCS that reportedly has gained 15.17 percent over the past 24 hours after hosting their first project on Spotlight or their IEO launchpad.
The MultiVAC project is the first of its kind that is hosted on the KuCoin Spotlight platform and is set to happen on April 3rd. Multivac is a fully sharded blockchain that has already accumulated a USD 15 million war chest from round A investments from a group of prominent blockchain project investors including Arrington XRP.
The sale will be for 600,000,000 MTV tokens, worth ~USD 3.6 million, with each token initially selling at USD 0.006. The IEO sale will be for 6% of total supply of MTV tokens and tokens will be allotted on a first come first serve basis and will only be accessible with KCS.
How To Participate in the Token Sale of Spotlight Projects
To participate in any of KuCoin Spotlight project, users can start by clicking the ‘Spotlight’ tab on KuCoin’s official webpage.
New and existing users need to log in to their KuCoin account and ensure that their KuCoin account meets the following buying guidelines:
1. KYC verification
To participate in the Token Sale of Spotlight, first, users are all needed to complete identity verification (KYC).
2. Trading Password
All users are also required to set up a trading password to ensure that their accounts are secured.
3. Countries Allowed To Participate
The following countries and areas that are not supported and cannot join the Token Sale:
United States of America, Bahamas, Botswana, Cuba, Democratic People’s Republic of Korea, Ghana, Serbia, Tunisia, Somalia, Zimbabwe, Pakistan, Nicaragua, Republic of Macedonia, South Sudan, Sudan (north), Sudan (Darfur), Iran, Iraq, Libya, Syria, Eritrea, Canada, New Zealand, Thailand, Japan, Mainland China, Ethiopia, Yemen, Côte d’Ivoire, Democratic Republic of the Congo, Sri Lanka, Afghanistan, Albania, Belarus, Bosnia & Herzegovina, Burundi, Central African Republic, Guinea, Guinea-Bissau, Lebanon, Liberia, Myanmar, Uganda, Ukraine, Trinidad & Tobago, Venezuela, and Tunisia.
4. Purchase Agreement
Users need to sign the purchase agreement. All are required to read the terms and conditions carefully. If they accept the agreement, please click ‘confirm.’
5. Enough KuCoin Shares (KCS) in Trading Account
To purchase, only KCS is approved as a payment method. They recommend that users purchase KCS in advance to guarantee that they have sufficient funds in their trading account (not Main Account).
All the above steps can be performed on the Spotlight page before the start time of the Token Sale.
How To Purchase Using The KuCoin Spotlight Page
1. After confirming that all criteria are meet and completed, ‘Coming Soon’ will be displayed. Or it will display “Unable to proceed the purchase; please complete the following criteria.”
2. If the activity has begun, users will be capable to select the purchase amount and click ‘Purchase Now’ to join the token sale.
3. To validate the purchase, users are required to input their trading password, then check the amount and total price before clicking ‘Purchase Now.’ Once the order proceeds successfully, there will be a message confirming the purchase.
4. To check users’ purchase history, they can just visit ‘Purchase History’ in the upper right area of the website.
What is BitShares?
BitShares, formerly known as ProtoShares (PTS), is a decentralized cryptocurrency exchange that is part of the Microsoft Azure blockchain. The platform was established in July 2014 by visionary Dan Larimer (“Bytemaster”), the co-founder of Steemit, Cryptonomex, and EOS.
BitShares is based on Graphene, which is an open source C++ blockchain implementation that works as a consensus mechanism. It is used by various other projects like Steemit.com, and PeerPlays.com (gaming site and token PPY) registering real-world usage.
Online exchanges are centralized systems, and the database is stored on servers managed by the exchange alone. Users require to create verified accounts to utilize its services, normally including scanning passport or driver’s license. Bitcoin and altcoins are still comparatively fresh concepts and yet experience from wild fluctuations. For this cause, there remains a requirement for a way to convert cryptocoins into a stable asset usually USD. Exchanges work this need by enabling users to buy and sell cryptocoins by converting from and to USD, EUR, and most other universal fiat currencies.
BitShares’ answer is BitAsset. It is a coin pegged to a real-life asset. Its value follows that real-life asset’s value. For instance, the BitAsset BitUSD follows the value of USD. In this way, users can convert BTS into BitUSD, the same way it would convert BTS to USD, without neglecting the blockchain itself. It preserves users anonymity and is immediate, costs less in transaction charges.
BitShares Lending Service
BitShares extends the capacity to loan BTS holdings with customizable reserve levels with a minimum of 200%, touching as high as 1000 or even 2000%+ reserves. BitShares integrates with any stock, commodity or currency pair given there are price feeds accessible. Also, bitAssets like bitGold, bitSilver, bitOil, and other crypto centered commodity pairings can even exist in this way.
It’s a working, dynamic “smart” economy which adapts to the requirements of the market. To help maintain price stability, large collateralized loans (10-20x) can be formulated enabling loans to last almost continually.
The BitShares Team
BitShares was founded in 2014 by Daniel Larimer, an American programmer, and entrepreneur, who was also responsible for the making of the Steem blockchain and is currently operating on the highly awaited EOS blockchain. Although Dan Larimer isn’t as well-known as Ethereum’s Vitalik Buterin or Litecoin’s Charlie Lee, he is still an influential brand in the world of cryptocurrencies, seen as an exceptional visionary who minds about the project and not just the immediate collection of funds.
BitShares is known as an open, scalable decentralized exchange and fintech platform with Smart Coins, which are a great tool for everyone from critics and savers to traders and entrepreneurs. Their services are just excellent, and notwithstanding all of these risks and difficulties mentioned, the team endures, grows and continuously irons out complications.
The BitShares blockchain has been around for several years, and it gives a toolset with which innovators can test to find optimal currency solutions utilizing free market discovery. BitShares has been under continuous development, gives a lot of functionalities and can be used for a wide array of purposes.
What is Monero?
Monero is known as a secure, private and untraceable currency system. It utilizes a special type of cryptography to guarantee that all of its transactions remain 100% unlinkable and untraceable. It is a fungible cryptocurrency that converges on anonymizing transactions and sets a private, censorship-resistant token that can be applied to transfer value around the world. By the use of a powerful privacy-focused protocol identified as CryptoNote, Monero has been capable of showing that transactions of value can certainly remain private from spying eyes.
How Does Monero Work?
Monero is from an application level cryptographic protocol centered on privacy called Ring Signatures.
Ring Signatures were originally introduced at a 2001 Cryptography conference in Queensland, Australia. The authors of Ring Signatures include Adi Shamir, Ron Rivest, and Yael Tauman. These are the core mechanism behind how Monero transactions are structured after being transmitted from the wallet.
The center use case of Monero is how transactions are not linkable or identifiable because of stealth addresses. It protects sender and receivers while also enabling selective observation of transactions through a public/private view key construct in addition to regular private/public keys.
Monero has a variable block limit which permits flexibility in data management (block sizes) and scalability. It requires this in significant part due to its architecture. Privacy needs more cryptography and data throughout transactions.
Eventually, Monero utilizes ring signatures, private ring transactions (RCT), and stealth addresses to confuse transactions at the protocol level to ensure sender and receiver protection from prying agents while still authorizing transactions to be verified by a third party if desired.
The Core Team
The core developer team at Monero comprises of highly talented individuals with a keen eye for privacy and anonymity. It is headed by a group of 7 developers of which five have preferred to remain anonymous while two have come out fully in public. They are David Latapie and Riccardo Spagni aka “Fluffypony.” Monero project is open source and crowdfunded.
Monero also has over 200 contributors to the project throughout its life. It goes within development upgrades that usually add updated features and enhancements to security nearly once every six months. A schedule like this enables Monero to continue growing and assures that the core team and all of the contributing developers can adjust to these changes, ultimately letting the Monero ecosystem and network to evolve.
Monero (XMR) completed a hard fork on March 09 that will further enhance its privacy, security and ASIC resistance. The hash rate following on its update of the Monero network fell by from 1.14Gh/s to 162.14Mh/s which is 90 percent. Moreover, two new Monero trading pairs were added by topmost global exchange, Binance. Provided these developments, the cryptocurrency came out this week as the fifth best performer.
The bulls are endeavoring to bring the XMR/USD pair above the strike of the range at $60.1470, and then the 20-week EMA at $62.50. If successful, a fast rally to $81, succeeded by a move to $114.840 is feasible. The long-term objective is $150.
As part of their continuous development, Monero has listed XMR to KuCoin, one of the leading cryptocurrency exchanges globally. Deposits commenced on March 26, 2019, at 4 pm HK time with supported trading pairs including XMR/BTC and XMR/ETH.
GoNetwork proposes to resolve the big issue of scaling in the Ethereum network. It is intended to be a highly scalable, low cost mobile first network for Ethereum.
According to Anderson Horwitz’s presentation cited by Forbes, “mobile is eating the world.” Cryptocurrencies have helped small business in the real world to date. By their estimation, the adoption of cryptocurrencies by consumer masses connects to developing transaction latency and implementing accessibility to blockchains through mobile platforms.
The GoNetwork platform (“GoNetwork”) is being created and developed by the Company. The Token Generator is managing the generation and sale of GoTokens. The Company and the Token Generator are separate legal entities. There are many outstanding communities, such as Plasma or Raiden, generating tools to succeed scalability boundaries on blockchains for desktop platforms. However, GoNetwork’s participation address difficulties associated with scalability on mobile platforms into supporting state channel transfers to mobile platforms.
GoNetwork Platform Overview
A significant limitation of blockchain is transaction throughput, which points to high latency. A process that is broadly studied and the frontrunner to relieve the scalability issues involves state channels. State channels allow a minimum number of transactions on-chain to facilitate a set of balance transfers between parties “off-chain” effectively at no cost and with high throughput. State channels involve two participants, herein referred to as “actors.”
Transactions are serialized and signed13 by the payer so that neither party can modify the value transfer; as long as at shortest one of the actors chooses to present it to the blockchain which requires the final balance confirmation.
In the situation of dispute, resolution happens on-chain with a time window for each actor to perform counterparty approved transactions.
GoNetworks’ GoToken As A Promising Token
A significant concern with blockchain technology centers on speed and a high charge of transactions. Transactions on blockchains like bitcoin are costly and slow. With increasing usage, Ethereum will manage no difference over time. GoNetworks solution resolves this difficulty by enabling off-chain transactions.
Adjacent direct transfers, GoNetwork performs Hashed Time Lock Contracts (HTLC)14 which are state transfers that are secured with a cryptographic hash. It is only when the receipt of the secret can the transfer be accomplished. The development of HTLC mechanics permits future discharges to incorporate such functionality as; single-hop mediated transfers within the state channel network topology and atomicswaps. HTLC allows arbitrators to carefully forward value transfers amongst payer and payee.
GoNetwork uses GoToken, an ERC20 cryptocurrency, to perform all transactions.
The team is unquestionably exceptional, with skilled developers and business experts from major companies like Infinidy Corp and Tinder.
Founder of the Infinidy Corp, a major game development company. Khan has a background as the CEO of a major company, and with several connections in the business world already built, he’s an influential leader for the team.
Software architect & Blockchain specialist. Spearheaded research and development while operating at Internet of Things company BlueRover as Vice President of Software Architecture R&D. He has also served at several Ethereum based open source projects.
Cai graduated with distinction and honors in Software Engineering from the University of Waterloo, Ontario, Canada. He’s the co-founder and CTO of Infinidy Corp, and a serial entrepreneur who has built outputs that have been adopted by millions of people and have gained a large active user base.
Tezos is the world’s first self-evolving blockchain and is a smart contract platform comparable to Ethereum. Cryptocurrency tech is innovating at such a pace that it appears rather difficult to keep up with all the modern developments. As discoveries unfold, Tezos predicts that their blockchain will endure on the cutting edge.
How Tezos Work
Tezos is a peer-to-peer, distributed, and permissionless network which strives to advance a few notable enhancements over its well-established neighbors. To be specific, the team markets themselves on the principal approaches of self-amendment and on-chain governance.
It is a key feature that focuses on the involvement of all stakeholders in the administration and governance of the platform. Stakeholders can vote on corrections to the Tezos protocol and even modifications to the voting procedure itself. In the most straightforward case, stakeholders will support or veto changes in the code or protocol.
The Code Evolution
A typical blockchain utilizes the following three protocols to work:
Network protocol – recognizes blocks and broadcasts transactions
Transaction protocol – determines what constitutes a transaction valid
Consensus protocol – defines how consensus is reached in a unique chain
But, in Tezos’s case, they adopt a generic network shell which is compatible with the various transaction and consensus protocols a blockchain requires. In other words, it was created with a modular fashion. This new blockchain is kickstarted with a seed protocol which will then be democratically designated as the project develops.
The source code is executed in OCaml which is a fast, compliant, functional programming language which should accommodate such an ambitious project and its technical specifications.
Tezos points to the staking process as “baking.” In this blockchain model, bakers perform deposits and are compensated for signing and publishing blocks. Any lousy behavior by bakers will end in a lost deposit. Based on the latest data, there are then 450+ bakers providing to the safety and security of the system.
Since one of the primary philosophies turns around a virtual democracy, any token holder may choose their baking and voting rights to others in the network.
ICO And Trading History
The Tezos foundation had obtained 66 000 Bitcoin and 361 000 Ether after the completion of their ICO. In 13 days, a huge $232 million in funding was sent to the project using investors and is a record-setting amount for any ICO at the time. It is a huge success compared to barely two years earlier. Mr. Breitman failed then to convince various big banks to invest roughly $5 to $10 million in his project.
Tezos XTZ was launched on June 24, 2017, at a price of about $3 per coin. It touched a peak of $10.50 at the height of the buying craze in the overall cryptocurrency market throughout the middle of December 2017. The price had yet declined considerably sharply since then along with the rest of the market and trades at around $2.65 on August 17, 2018. Daily volumes are reasonably stable and trade above the $2 million marks paired with Bitcoin(BTC), Ether(ETH) and Tether(USDT).
According to CoinMarketCap, there is a total supply of approximately 763 million “Tezzies” in the currency pool. The live blockchain or mainnet was officially launched on Monday, September 17. The much expected mainnet launch follows the beta testing phase, which commenced on June 30.
The project is the idea of Arthur Breitman. A French-born, and has notable experience working for large corporates like Morgan Stanly and Goldman Sachs. Along with his wife Kathleen, they now manage the cryptocurrency project from a San Francisco office.
Arthur Breitman is a known computer scientist and mathematician who has background working in the financial sector. He closely regarded the historical rise and adoption of Bitcoin from the outset and perceived it’s “inability to evolve” and instead direct to hard forks. His suggested solution is the Tezos project that exists today.
Kathleen Breitman also has expertise in the financial sector as she was working for distinguished companies such as Bridgewater Associates and R3. The latter provided her insights into distributed database technology.
Arthur issued two papers about his self-amending cryptocurrency vision in 2014. Those papers have developed into the present Tezos whitepapers. In the following year, he founded a company in the US called Dynamic Ledger Solutions (DLS).
The Japanese financial authorities have announced an expansion of the already pioneering rules for cryptocurrency trading to effect further order to one of the world’s biggest virtual currency marketplaces. It was approved by the cabinet last Friday, March 15, 2019, with the draft revisions to Japan’s financial instruments and payment services laws. It would cap leverage at two to four times initial deposits in virtual currency margin trading. The new restriction is in line with standards that are similar to those in foreign exchange trading.
All cryptocurrency exchanges that manage margin trading will be obliged to get new government registration. It will be separate from an existing registry that concentrated mainly on cash platforms devised in 2017 which is part of a first-of-its-kind legal framework that acknowledges cryptocurrency as legal tender.
Cryptocurrencies once enjoyed bright possibilities as an advanced payment method, but their application in uncertain trading has far exceeded this. The total margin trading in Japan reached 8.42 trillion yen r equivalent to $75.6 billion in December 2018 based on Japan Virtual Currency Exchange Association, recognized as a self-policing body. That is approximately 11 times the measure of cash transactions, which seemed to 777.4 billion yen.
The lack of balance has left some investors with paper diminution. Initial registration requirements, imposed by the Payment Services Act, were given out to avoid money laundering. These new rules will need that cryptocurrency exchange operators be observed in a process comparable to securities traders to protect investors.
Moreover, cryptocurrency operators will be arranged into categories to identify those that involve in margin trading from those that given tokens in initial coin offerings, for example. It is designated to protect investors from objectionable offerings that more nearly resemble Ponzi schemes, and to support more legitimate companies to apply offerings as fundraising tools.
The rules will be strictly implemented into authority in April 2020. Margin cryptocurrency exchange operators would require to be registered in 18 months of that date. Big-name brokerages searching to enter the game would likely need to re-register for that goal.
The time limit would provide the Financial Services Agency tools to crack down on unregistered “quasi-operators” that trade in cryptocurrency while their registration applications are anticipating approval. Tokyo crypto exchange LastRoots is presently running notwithstanding not being on the existing registry like the Rakuten Wallet, a Bitcoin platform owned by e-commerce provider Rakuten.
If the screening method drags on, the quasi-operators typically can do business like their registered peers in the meantime. They plan to urge operators to do what they can to become registered as was said by a senior FSA official.
Aeternity: Delivering Efficiency, Transparency, and Global Scalability Through Blockchain Technology
Aeternity is a blockchain based open source decentralized distribution platform.The platform is designed to allow smart contract, decentralized oracles and transacting utilizing high bandwidth. The decentralized virtual machine is the key technology behind this. Using a large number of public nodes which are connected using state nodes, the virtual machine can perform scripts.
Aeternity delivers a more scalable smart contract system than Ethereum. It is said to be much more efficient too. Both bitcoin and Ethereum revolutionized the field upon their release. There not much in the Aeternity blockchain platform what Ethereum or bitcoin doesn’t offer. Since technology is evolving daily, this ecosystem requires to be updated day by day. It accomplishes much higher scalability because of the state channel technology incorporated on the protocol level, layer 1. It authorizes an unlimited number of transactions off-chain while the same high level of privacy is supported as when transacting on the chain.
Aeternity blockchain has revolved around its token called the Aeternity token. It can be transferred from one participant to another. When utilizing this token, the nodes are compensated for the calculations that they do. The Aeternity token is applied for buying more space and computation time on the virtual machine in the Aeternity ecosystem. Aeternity system also has a built-in anti-spam feature to each one of its coins.
Yanislav Malahov is the founder and also, the CEO of Aeternity. He is known as the ‘Godfather of Ethereum.’ He is the main source of the idea for the powerful algorithm with which Ethereum works. Marion Vogel is the director of Aeternity. She has several years’ worth of experience in the blockchain technology field. Emin Mahrt is the COO of the company. He’s been an active entrepreneur since 2008. He founded two startups, Abend and DropSpot. He also has one Media Company and a restaurant chain under his management. Nikola Stojanow is the CBDO of the company, while Sergei Evedekimov, serves as the Chief Developer of the network.
How Does Aeternity Blockchain Work?
The scalability is one problem in the blockchain area, and Aeternity intends to solve this concern. They have strived to solve the problem with decentralized providers of the real world data, oracles, security concerns in scripting and principally the overall governance. Even though Ethereum is developing in solving all of these, Aeternity directs to depend on its new and state of the art RAIDEN network system for resolving the existing issues.
Aeternity is executing a unique system of governance namely the Futarchy. In the Futarchy system, miners are also capable of voting, and the value holders will make all the decisions together. With the use of this system, a consensus can be attained using the Proof of Work (PoW) and Proof of Stake (PoS) algorithms.
The network is also recognized to be a unique cryptocurrency by many. It is because Aeternity has never been diffident towards breaking barriers or advancing the innovative limits. It has eliminated every single position of failure. Aeternity blockchain in this critics books, pass as one of the most effective and innovative blockchain based cryptocurrencies accessible in the market.
Starfleet Accelerator Program
Aeternity Ventures as the investment division of the decentralized smart contracts platform has announced another round of funding by its Starfleet Accelerator program. Starfleet Accelerator this time has chosen fourteen projects to support for a cash infusion, token economics, mentorship, and other support.
The initiative’s Genesis Week started this Monday in Sofia, Bulgaria and is targeting blockchain startups from globally. The selections are as follow:
*CapAgri in Kenya will aid farmers with blockchain-based mobile payments technology. The number of entries from blockchain startups in Africa has increased, but gratitude in part to the work of aeternity’s Africa Hub.
*In South America, the Venezuelan startup Instatrust intends to build a secure, multipurpose peer to peer exchange.
*In Germany, it is represented by various innovative projects that includes Heytax, a legal framework to facilitate crypto taxes; Abend, a distributed ledger ticketing system; Blockchain Fashion Project, a community of fashion designers using blockchain to generate a tokenized product selection; and Inupesa, a hosted wallet assistance for those in developing countries without internet access.
*Croatia has Cryptotask, a cryptocurrency-based freelancing market.
*Serbia offers Crypto Legends, a decentralized card game that places character ownership in the hands of its users.
*Iran’s Say project allows decentralized micro-donations across the world.
After Genesis week, the chosen teams will commence the four-week Starfleet intense training program. Next, to the program, they will have the chance to present their progressions to achieve up to $100,000 in funding.
According to Aeternity’s CEO, Nikola Stojanow, that the Starfleet Accelerator Program explains that, opposed to some of the bearish titles about investments in the blockchain space, funding is possible for the most promising and hardworking startup projects. They have held applications from around the world and have 14 startups from USA, Europe, Africa and South America bidding for funding that will help them collectively establish Aeternity as the principal global smart contract platform where blockchain startups grow. The network’s updates are seen on their official blog.
Aeternity’s Official Social Media Pages:
Qravity is a decentralized content creation and delivery platform where initiators possess and gain profit from accomplished tasks. Qravity offers a vacuum for inventive thinkers to cooperatively advance original monetizable digital content, comprising of, music, movies, games, e-books, and applications. Qravity makes use of virtual tokens on the Ethereum blockchain to pathway digital content formation, dispense venture stakes in the middle of inventive crew associates, and take along Qravity-produced content unswervingly to the marketplace. Qravity enhances cooperation and wipes out obstacles as creators and designers comprehend, advance, and dispense distinctive content that consumers yearn for.
How Qravity Works
The Qravity platform is a devolved digital content enlargement and dissemination platform with integrated project managing implements, comprising of asset invention and endorsement, file transfer, and messaging for unrestricted and crew communication. Associates of the project make use of these implements concerning their roles. Upon venture accomplishment, Qravity conveys the content to market, making it usable via its platform, trading rights to suppliers, and vending unswervingly through third-party digital marketplaces, e.g., app stores and streaming services. The application of blockchain technology makes certain that every single involvement that a content initiator makes to a project is indisputable. Moreover Qravity recompense inventors with stakes of project proprietorship for each involvement; on every occasion, an inventor bring to an end a particular task, they obtain the amount of Qravity Project Tokens that the development founder has allocated to that task. These Quality Project Tokens are trailed and produced within Ethereum smart contracts, making them exclusive to particular projects and virtually resistant to counterfeit or deceit.
Irrespective of the magnitude or convolution of the tasks, the further tasks an inventor bring to an end, the more QPT they receive, and the grander their portion of project ownership. Inventors collect disbursement in Qravity QCO, the platform’s coinage, which is tradable on exchanges. The amount of QCO they take delivery of tallies to the amount of QPT they netted for their work.
QCO and QPT
The platform makes use of tokes denoted as QCO for all financial dealings. Any person can purchase these tokens with ETH in the course of the Qravity token sale. After the sale, QCO will be open to third-party relations.
Qravity Project Tokens are particular tokens that trail project proprietorship; they signify shares in a project QPT are for core use only and cannot be bought.
QPT is produced and given to content inventors in an altercation for the labor they accomplish for a project. A content inventor can accomplish tasks for, and therefore take delivery of QPT from, manifold projects. Every single time an end user or distributor purchases content on the Qravity platform, inventors obtain a percentage of the payment in QCO grounded on the expanse of QPT they received for their involvement to the content’s invention. The extra tasks they accomplished for a particular project, the more QPT they receive for their exertion on that project
Qravity smart contracts comprise more than a few mechanisms, with QCO, QPT, and account, project, and task data. So as to recurrently progress the platform via upgrades and feature accompaniments, the smart contracts need be partly upgradable. To uphold the genuineness of the token, the QCO token won’t be upgradeable.
Smart contracts necessitate modifications to be made to archetypal software development carry outs, e.g., recording revisions and bug fixes. Qravity makes use of a precise coding configuration to permit for Ethereum smart contract changes and upgrades. These permit for references to be prepared to firsthand smart contract addresses. For the relations amongst tokens, projects, copyrights, and account addresses, there requires to be a prevailing platform contract that controls the several flows of QCO and QPT. When a customer pays QCO to fob watch a film, the account address they directed the QCO from is established as an address with authorization to access that movie. The platform leads the QCO to the venture, and then dispenses it to the addresses of that project’s QPT receptacles; the expanse of QCO acquired is based on the sum of QPT apprehended.
As the platform turns out to be more multifarious and make known to new functionalities, e.g., Exchanging QCO and vending QCO to the platform, the Qravity contract will necessitate supplementary involvedness to make certain the platform’s steadiness is not compromised. The upgradable mechanisms of the contracts will be constrained to venture edifice, errands, and functionality, and the formation of new accounts.
Errands in the interior the smart contract will be instantiated using a configuration to grasp the tasks of that venture. The edifice will be detained in plotting that categorizes tasks by name or number. This task edifice will be a portion of the project contract that trails the QPT received by all and sundry, along with the aggregate expanse of QPT for the complete venture. Project managers will be capable of assigning, editing and adding tasks; these roles will be limited to the project initiator, chosen project administrators, and the platform superintendent. Toting firsthand tasks to the venture and assigning a crew associate to a task will be the project initiator’s obligation.
• Reinhard David – Brandstaetter CEO and Founder
• Christian Sascha – Dennstedt CFO and Co-Founder
• Christopher Barber – Economy Consultant and Blockchain advisor
Qravity guarantees absolute equitability and symmetry amid all project associates, expediting an accurately digitized work economy at liberty of wariness and unaccustomedness. By delivering an environment where achievement is determined exclusively by visualization, commitment, and talent, Qravity upsurges the odds of lucrative project accomplishment.
What is Pure (Pure)?
Nowadays it has become more popular to send money through cryptocurrency, it enables users to conduct transactions with the help of blockchain technology. And many more of the cryptocurrencies are focusing on solving the cross-border payment problem. Pure (Pure) is one of them which uses peer to peer open source decentralized cryptocurrency that enables you to transact instantly everywhere and anyone around the world. Pure blockchain supports masternodes and totally anonymous payments.
Pure aims to provide the decentralized solutions for the blockchains with fresh ideas and vision. Its feature includes instant payment with the integration of InstantSend. Transactions on the Pure are protected by X11 POS network which keeps users information secure during the transaction. Pure uses something called DarkSend which lets you process your transactions with complete anonymity no one can know the identity of the sender. By utilizing the masternodes concept within the network, it operates as proof of work and proof of state hybrid. And after completion of the 30,000th block Pure network will be only the proof of state system.
And the thing that makes Pure an affordable choice than others is that it only needs 2500 PURE to run a master node. Masternodes works as a securing parameter within the network as the Pure network provides users with many other Functions such as InstantSend and DarkSend. By using these services users can process their transactions almost instantly and with a promise of anonymity.
How it Works
Their motto is to purify the blockchain hence the name and fill it with fresh ideas and fresh vision that will operate the coin to truly decentralized usage and for the better future of the blockchain industry. It is a peer to peer decentralized cryptocurrency. It is used to transact almost instantly to anyone in the world.
It processes the transactions almost instantly and credit goes to InstantSend integration that they have developed for Pure. This approach of Instant send provides the users much flexibility and timely delivery. The Pure network is secured with the use of X11 POS network. X11 POS network shields the transactions from any unauthorized interruption.
DarkSend is an interesting feature in the Pure as it will allow users to complete the transaction with anonymity. And any of these transactions cannot be seen or detected.
Masternodes are responsible for maintaining the integrity of the network and it also support the InstantSend and DarkSend so with this at the helm of Pure users can expect a smooth and simple process for the transactions. They also have a wallet to store PURE which is available for the Windows, MAC, and Linux. It is not available for Android or iOS and they have not updated when it will be available for mobile platforms.
There are 65% block rewards for the pure coin holders. Because of this offer, they will be able to pull some new users. Users of pure will receive a 65% reward for holding the coins that help in maintaining the network. This is a masternodes concept to keep the integrity of the network and support their other features. And the rewards for the users are in this format Masternode collateral is 5000 PURE, Masternode reward is 100 PURE and block Reward is 120 PURE.
The Team at Pure
Pure team chose to remain anonymous. They have not listed any details of their team on their website which is a bit weird for them as many people start to question their genuineness. Word on the market is that they were in it to make money not to offer any solution. They need to list their team profiles on their website so people start trusting them. But their social media is constantly updated.
Exchanges for Pure Coin
There are not many exchanges that list Pure in fact there are only three exchanges that list Pure for buying and selling. You need to sign up for these exchanges to start trading. Pure coin exchanges are listed below.
List of the Pure coin exchange
These are the exchanges that trade Pure coin. There are only 3 exchanges because of the fairly new coin and it is mineable for first 30000 blocks on the network and then eventually it will become a complete proof of state system.
The Pure coin is currently trading at $0.28 USD and the trading volume for last 24 hours is $48K USD. Around 13 million PURE tokens are in circulation with total supply being around 14.5 million. Its price has been trading negative blows for the past month or so. It has seen around 12% fall in last 24 hours which is not good for PURE coin.
The market cap of the PURE coin is around at $3.8 million USD and it has been dropping in the past 24 hours. They need to bring more transparency in their business practices. Maximum token supply of PURE is 20 million.
Now looking at the trends if we have to predict the price of the PURE coin we can say it will gain this year again and will trade around at 10-12 USD in a year’s time. But it will be a difficult task for the team of the PURE coin as they have to make many partnerships in order to make this possible. In the cryptocurrency market it very important to make partnerships with other enterprises to stay ahead of the development. We will see how it goes in the coming year.
Road Map to the Future
As updated on their website they have planned phase 1 of development of their Puredex platform in this month. Their wallet will be updated with this also.
Q2 is set for the release of puredex.io and launch the project. The new feature will include atomic swaps and a brand new Pure platform for its users. their roadmap includes only these information and for Q3 and Q4 they have not yet updated their community as to what will be done later this year.