Top 20 Best Cryptocurrencies to Buy in 2020

Let’s review the best cryptocurrency coins to invest in the year 2020 and see why these top cryptoassets are prime to run during the next crypto market bull run cycle.

Top 20 Cryptos to Buy for 2020: Best Coins to Invest in 2020

Over the past year, we’ve seen cryptocurrencies become increasingly mainstream. We saw positive market signs throughout 2019, and that could make 2020 a record year for cryptocurrencies.

What are the best cryptocurrencies to buy in 2020? Which coins offer the best investment opportunity today? Which digital tokens have their brightest days ahead of them?

Keep reading as we highlight the top 20 cryptocurrencies to buy for 2020.

Bitcoin (BTC)

Bitcoin (BTC) is the king of the crypto world. It’s the world’s most dominant cryptocurrency, accounting for 60% of the total cryptocurrency market share. When bitcoin rises or falls, the rest of the market tends to follow. Whether you’re getting into crypto for the first time or an advanced crypto user, there’s nothing wrong with investing in bitcoin. It’s a tried, true, and proven cryptocurrency with plenty of infrastructure to support it. Optimistic investors will point to price predictions calling for BTC to hit $100,000 by the end of 2020.

  • Bitcoin Price 2019 High: $13,793 BTC/USD exchange rate value
  • Bitcoin Price 2019 Low: $3,444 BTC/USD exchange rate value
  • Bitcoin Price All Time High: $19,892 BTC/USD

Ethereum (ETH)

Ethereum (ETH) is the world’s second-largest cryptocurrency by market cap. Launched in 2015, ETH has risen to become a viable competitor to bitcoin as king of the crypto world. One of the biggest reasons for optimism with ETH is that it works in a much different way than bitcoin and other cryptocurrencies. ETH is used by the decentralized apps built on the Ethereum blockchain. Those decentralized apps make use of Ethereum’s killer features like decentralized governance, smart contracts, and more. Ethereum has one of the most active developer communities in the crypto space, and there’s no reason to believe Ethereum’s momentum will slow down anytime soon.

  • Ethereum Price 2019 High: $350 ETH/USD
  • Ethereum Price 2019 Low: $103.41 ETH/USD
  • Ethereum Price All Time High: $1,396 ETH/USD

Ripple (XRP)

XRP is a digital token that plays a crucial role in Ripple’s ecosystem. Ripple, a private Switzerland-based financial services company, has tried to distance itself from XRP to avoid having the token labeled as a security. However, XRP’s value is closely connected to Ripple’s products and services to this day. As Ripple expands its banking services to institutions worldwide, the value of XRP has continued to surge. Specifically, Ripple and XRP enable banks to settle cross-border payments in real-time with end-to-end transparency and lower costs. XRP is also unique in that it doesn’t have to be mined. XRP is currently ranked as the world’s third-largest cryptocurrency by market cap, although it has occasionally surged past ETH to take the second position behind only bitcoin.

  • XRP Price 2019 High: $0.48 XRP/USD
  • XRP Price 2019 Low: $0.25 XRP/USD
  • XRP Price All Time High: $3.05 XRP/USD

DigiByte (DGB)

DigiByte (DGB) is a digital token founded in 2014 by lead developer Jared Tate. DigiByte’s goal is to increase transaction speed and security while operating in a decentralized environment. True to its goals, DigiByte’s technology performs better than most other cryptocurrencies. It’s 40 times faster than bitcoin, for example, because it has 15 second block times, making DGB the fastest token on the UTXO blockchain. DigiByte also made headlines for becoming the world’s first blockchain to implement Segregated Witness (SegWit), which means transaction confirmations are kept separated from information stored within the block, helping DigiByte achieve faster transactions without compromising security. The ultimate goal of DigiByte is to create a global payment system accessible to people around the world.

Litecoin (LTC)

Litecoin (LTC) was launched back in 2011 as a faster, more lightweight alternative to bitcoin. Litecoin took bitcoin’s core code and changed certain metrics to speed things up. Today, LTC continues to offer 4x faster block times than bitcoin (2.5 minutes instead of 10 minutes) and 4 times as many tokens (84 million total supply instead of 21 million). LTC creator Charlie Lee infamously sold all of his LTC holdings at the height of the market back in 2018, and some believed that would be the death of LTC. Litecoin, however, continues to go strong, and merchant adoption is growing for the popular cryptocurrency.

Maker (MKR)

Maker (MKR) is the proprietary token for the Maker digital ecosystem. One of the most unique things about MKR is its low total supply: there’s a total supply of just 1 million MKR tokens. Maker hit its highest ever price on January 20, 2018, at $1,687.86. Heading into 2020, MKR is priced at around $550. Many other tokens have lost 90% or more of their value from their all time highs back in 2018, which makes MKR look impressive by comparison. Moving forward, Maker will continue to be a smart contract platform on the Ethereum blockchain that backs and stabilizes the value of the stablecoin DAI through a system of collateralized debt positions (CDPs), autonomous feedback mechanisms, and incentivized external actors. MKR tokens are used to pay transaction fees in the Maker ecosystem, and MKR token holders have voting rights within that ecosystem. If you believe in the DAI stablecoin and its unique decentralized balancing mechanism, then MKR may be the right choice for you.

Binance Coin (BNB)

Binance Coin (BNB) is arguably the most successful crypto exchange coin in the world today. Heading into 2020, BNB is worth around $15, down from its all-time high of $38.82 in June 2019. As long as Binance remains a popular exchange, and as long as BNB tokens can be used to pay transaction fees on Binance, BNB will continue to have considerable value. Some people buy BNB because they regularly trade high volumes on Binance and want to save money. Others buy BNB as an investment, believing that the Binance exchange will continue to be popular moving forward.

Cardano (ADA)

Cardano (ADA) was created in September 2017 by Charles Hoskinson, one of the co-founders of Ethereum. At first glance, ADA seems like it offers many of the same benefits as Ethereum: Cardano lets developers build decentralized apps and smart contracts, for example. Moving forward, Cardano and the ADA token aim to solve some of the biggest issues facing cryptocurrencies around the world: interoperability and scalability. Cardano’s developers are specifically focused on tackling the international payments space, reducing the time and cost of international money transfers. Using ADA, banks can reduce international payment times from several days to just a few seconds.

Chainlink (LINK)

Chainlink (LINK) is an Ethereum token that powers the Chainlink decentralized oracle network. That network allows Ethereum smart contracts to securely connect to external data sources, APIs, and payment systems. A sports betting smart contract may use Chainlink to connect to third-party football scores, for example, and then use those scores to execute the contract. The unique selling feature of Chainlink is that the development team figured out how to get information in and out of a blockchain in a way that was still secure, trustworthy, and decentralized. LINK is also one of the few tokens that have gained significantly in recent months: as BTC, ETH, XRP, and LTC have fallen towards the end of 2019, LINK has more than doubled. Going into 2020, LINK is sitting at a price of around $2 a piece, down from its all-time high of $3.90 reached in July 2019.

Crypterium (CRPT)

Crypterium (CRPT) is priced at around $0.40 as we head into 2020, down significantly from its all-time high of $3. Today, CRPT has a market cap of around $37 million. CRPT isn’t the best-known name on this list. So why did we pick it as one of the top 20 cryptocurrencies for investors in 2020? Well, CRPT hodlers have reasons for optimism in the future. CRPT is an Ethereum-based token that works as the ‘fuel’ for all crypto-fiat transactions available within the Crypterium Wallet. Over the course of 2019, Crypterium’s developers added support for cashouts, Crypterium Card top ups, and cryptocurrency purchases. One of the most unique parts about Crypterium, however, is that the 0.5% transaction fee is used to burn CRPT tokens. Every time someone makes a transaction within Crypterium, the circulating supply of CRPT tokens drops. That could pay huge dividends for investors in the future.

0x (ZRX)

0x (ZRX) is a permissionless protocol that provides the infrastructure to facilitate the creation of decentralized exchanges on the Ethereum blockchain. 0x uses off-chain transaction relayers and Ethereum smart contracts to provide an open order book and decentralized exchange. The ZRX token, meanwhile, functions as payment to relayers by the users of the protocol. It’s also a governance token for protocol upgrades. Heading into 2020, ZRX is priced at around $0.25, down significantly from its all time high of $2.53 in January 2018. ZRX token holders may have reason for optimism moving forward, although critics will point to the fact that ZRX faces stiff competition from competitors like Binance DEX and other decentralized exchange platforms.

EOS (EOS)

EOS is one of the newest digital currencies on our list. Launched in June 2018 by cryptocurrency pioneer Dan Larimer, EOS first made headlines with its $4 billion ICO, which was one of the longest and most profitable ICOs in history. Unique selling features with EOS include its delegated proof of stake mechanism, which achieves consensus in a different way than most major cryptocurrencies. EOS also has no mining mechanism; instead, block producers generate blocks and are rewarded in EOS tokens based on their production rates. EOS’s governance system is built on a complex set of rules. Although EOS experienced growing pains with its governance structure at launch in 2018, it continues to gather momentum moving into 2020. EOS is currently priced at around $2.70, down from its all time high of $23 in August 2018.

Stellar (XLM)

Stellar (XLM) was launched in 2014 to provide ultra-fast digital currency payments. It also made a handful of early investors very wealthy: at launch in 2014, XLM was trading hands for less than a penny. In January 2018, XLM hit an all-time high of $0.94. Heading into 2020, XLM is priced at around $0.06. The fast payment system and rock-solid development team could continue to build momentum for XLM moving forward, although XLM continues to face competition from every other digital currency that emphasizes high-speed transactions.

Basic Attention Token (BAT)

Basic Attention Token (BAT) is one of the most unique cryptocurrencies on this list. It’s an Ethereum token that powers the Brave browser’s blockchain-based digital advertising platform. The Brave browser continues to grow for mobile and desktop users. It’s the only browser in the world that pays you to use the internet: Brave rewards internet users with a portion of the advertising revenue based on ads they have viewed. It’s all powered by blockchain technology and the Basic Attention Token. You’re not going to get rich with the Brave browser, although BAT could legitimately disrupt the entire digital ecosystem as we know it. Heading into 2020, BAT is priced at around $0.20, down from its all-time high of $0.98 reached in January 2018.

Kyber Network Crystal (KNC)

The Kyber Network Crystal (KNC) is a digital token that offers seamless token swaps anywhere. It’s a decentralized, peer-to-peer crypto-asset exchange built on Ethereum. With the Kyber Network, a dynamic reserve pool allows the network to maintain its liquidity while keeping swap exchanges as cheap and fast as possible. KNC hit its all time high of $5.32 in January 2018. As we head into 2020, KNC is priced at around $0.18. KNC is a deflationary ERC20 token used by Reserve Managers in the Kyber Network to pay exchange fees for on-chain exchanges. The ‘deflationary’ part of KNC is important: a portion of KNC gets burned in every transaction. The biggest reason for optimism with KNC is that it solves a crucial liquidity problem faced by many centralized exchanges.

Crypto.com (MCO)

MCO is a digital token used to access a range of products and services. Today, the key feature of the network include its MCO Visa cards, the MCO wallet, and portfolio building services. The ecosystem is operated by Crypto.com, which originally started the project under the Monaco brand name. Moving forward, Crypto.com plans to continue with its mission of fueling “the world’s transition to cryptocurrency”. At the most basic level, Crypto.com and its MCO token are making crypto more accessible and usable with tools like prepaid visa cards and mobile wallets. The Crypto.com/MCO Visa cards also come with unique benefits, including 10% cashback on Airbnb and Expedia and a 100% purchase rebate for standard Spotify and Netflix subscription plans. The prepaid card currently supports the Singapore Dollar (SGD), allowing you to spend your bitcoin balance anywhere SGD is accepted.

Ripio Credit Network (RCN)

Ripio Credit Network (RCN) tokens are way down the crypto market cap list. As we move into 2020, RCN tokens sit outside the top 120 cryptocurrencies by market cap. So why do some believe RCN tokens are one of the best investments for 2020? Well, the Ripio Credit Network is an open global credit network that connects lenders, borrowers, and loan originators on the blockchain to create frictionless, transparent, and borderless debt markets. That’s a fancy way of saying that Ripio Credit Network makes it easier for anyone, anywhere in the world, to get a loan or lend money to earn interest. If successful, the project could change the global banking sector – and it’s all powered by the RCN token.

Tierion (TNT)

Tierion (TNT) is an Ethereum-based token used as part of the Tierion platform for data verification. Tierion turns the blockchain into a global platform for verifying any data, file, or business. TNT allows blockchain users to store, share, and verify huge amounts of data in a single, fast transaction. Moving into 2020, Tierion works with over 500 apps to verify on-chain data. As the number of apps supporting Tierion continue to grow, we can reasonably expect the value of TNT to rise.

Decred (DCR)

Decred (DCR) is an open-source bitcoin fork that emphasizes development funding, on-chain governance, and consensus mechanisms. Founded in 2016, DCR wants to solve bitcoin’s inefficiencies while creating a truly autonomous digital currency. With DCR, stakeholders make the rules using an innovative consensus voting model. The end result is a digital currency controlled by the people who hold it, free from outside third parties and other influencers. Moving into 2020, the Decred development team aims to create an innovative hybrid proof of work (PoW) and proof of stake (PoS) consensus voting system, a censorship-resistant blockchain-anchored public proposal platform, and smart contracts, among other features.

Bitcoin Cash (BCH)

Bitcoin Cash (BCH) launched on August 1, 2017, after a rift within the bitcoin development team. BCH’s developers wanted to remove blocksize limits to improve the on-chain scalability of bitcoin. Today, BCH developers continue to emphasize bitcoin’s value as an everyday payments mechanism, while BTC developers tend to focus on bitcoin’s value as a long-term form of wealth storage. Despite seemingly endless controversies and attacks from bitcoin maximalists, BCH continues to be one of the world’s top cryptocurrencies by market cap. BCH also survived the November 2018 hard fork that created two versions of BCH, which today are known as Bitcoin Cash (BCH) and Bitcoin Satoshi’s Vision (BSV). If you believe in the value of bitcoin as a daily payment option, then BCH could be a smart investment.

Honorable Mentions and Sleeper Candidates

TRON (TRX): Tronix (TRX) is the digital currency for the TRON blockchain. The goal of TRON is to create a decentralized version of the internet. Today, TRON is already one of the largest blockchain-based operating systems in the world, offering high scalability, throughput, and availability. As TRON usage continues to grow moving into 2020, the value of TRX can be expected to rise.

Tezos (XTZ): Tezos is an open-source platform for assets and applications backed by a global community of validators, researchers, and builders. The platform offers secure, institutional-grade smart contracts, solving key blockchain technology barriers like smart contract safety, long-term upgradeability, and open participation. All Tezos token (XTZ) holders can participate in network upgrades by evaluating, proposing, or approving amendments. Token holders can also help secure the network by baking or delegating tokens.

DigixDAO (DGD): DGD is the native Ethereum-based token governing the Digix network. The decentralized autonomous organization supports tokens tied to physical assets. Digix Gold (DGX), for example, is tied to the price of gold. In the future, the platform plans to support other DG tokens that represent silver, platinum, and other precious metals. DGD reached its all-time high of $600 in February 2018. Moving into 2020, DGD sits at just $17.

Komodo (KMD): Komodo is an open, composable smart chain platform. The unique feature of Komodo is that it supports transparent, anonymous, private, and fungible transactions. Komodo is ending 2020 ranked in the top 60 cryptocurrencies by market cap with a current value of around $0.65, down from its all-time high of $10 reached in December 2017. Moving forward, Komodo plans to focus on business-friendly blockchain solutions that are secure, interoperable, scalable, and adaptable.

Monero (XMR): The ultra-secure, privacy-focused cryptocurrency is untraceable, and untraceable currency will always have value on the internet. Whether using XMR for black market activities or just wanting your money movements to stay private, Monero is an excellent option.

Zcash (ZEC): ZEC is a decentralized, open-source cryptocurrency launched in 2016. If you think of bitcoin as HTTP, then ZEC is HTTPS. It’s a more secure cryptocurrency that still publishes and records all transactions on a blockchain, but with details about the sender, recipient, and amount remain private. In a world where privacy is becoming increasingly rare, cryptocurrencies like XMR and ZEC will continue to have value.

Siacoin (SC): Siacoin (SC) uses blockchain technology and cryptocurrency to fuel a low-cost cloud storage solution. Although development progress has been slow, SC could legitimately disrupt the billion-dollar cloud storage industry at some point in the future. The core feature of SC is that it lets you use your underutilized hard drive space to earn money. Anyone who needs storage space, meanwhile, can spend SC to access that storage space. Files are encrypted and distributed across the Sia decentralized cloud.

Enjin Coin (ENJ): Enjin was first founded as a gaming community platform called the Enjin Network back in 2009. In 2017, Enjin decided to break into the crypto space with an ICO that reportedly raised $18.9 million. Today, the Enjin ecosystem includes the Enjin Platform, Explorer, Wallet, and Beam, all of which empower gamers with ownership of digital assets while also allowing game developers to earn revenue.

Enigma (ENG): Enigma aims to secure the decentralized web using its decentralized open-source protocol. The Enigma protocol lets anyone perform computations on encrypted data, bringing privacy to smart contracts and public blockchains.

Solve (SOLVE): Solve aims to use blockchain to disrupt the healthcare administration space. The Ethereum-based SOLVE token is required to participate in the platform and make transactions. As the usage of the Solve platform continues to grow among healthcare providers worldwide, the value of the SOLVE token can be expected to rise.

Best 2020 Cryptocurrencies List: Top Cryptoasset Investments to Buy Investor Disclaimer

Trading and investing in cryptocurrencies (also known as digital or virtual currencies, cryptoassets, altcoins, tokens, etc.) is risky. We are not a registered broker, analyst, investment advisor, or anything of that nature. The information above is provided purely for guidance, informational, and educational purposes. We recommend independently verifying and confirming all the information contained on this page. We do not accept any liability for any loss or damage whatsoever caused by our information. Cryptocurrencies are not suitable for all investors, and all cryptocurrency investments are made at your own risk and discretion.

The post Top 20 Best Cryptocurrencies to Buy in 2020 appeared first on Master The Crypto.

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Palm Beach Confidential: Crypto Market Research Group

Palm Beach Confidential is a company that offers cryptocurrency services in the form of recommendations to consumers. These recommendations can be found through participating in the online service. At Master The Crypto, we specialize in cryptocurrency investment and trading analysis and the Palm Beach Confidential research group led by Teeka Tiwari is one of the leading crypto newsletter services to take a second look at.

What is Palm Beach Confidential?

The cryptocurrency industry is filled with scams and difficult-to-understand jargon. However, there are many services online nowadays that can help to clarify this sector a little more. One of these programs is Palm Beach Confidential, which is a cryptocurrency service that recommends different crypto assets. According to the website, the majority of the cryptocurrencies that they recommend have under $1 billion in market cap.

The whole of the Palm Beach Confidential service and the company is driven primarily by Teeka Tiwari.

About Teeka Tiwari

Teeka Tiwari’s name has been involved with the financial world for quite some time. He’s even lauded as one of the best crypto analysts in the world, but his role with this company is as the editor of the flagship service from Palm Beach Research Group – The Palm Beach Letter. However, his work is found in all of the products available from Palm Beach Group.

Tiwari originally entered the United States at age 16, securing a position as the youngest employee at Lehman Brothers two years later. By age 20, he established himself as the youngest vice president ever at Shearson Lehman. While he managed to make a small fortune during the Asian crisis in 1998, his greed got the best of him, resulting in a lot of everything he’d acquired. However, he rebuilt his wealth in a matter of two years, eventually launching a hedge fund.

With his new understanding of risk in the market, Tiwari prioritized risk management in his products. The advice he gives to consumers nowadays focuses on safe ways to grow funding. He’s been featured for his work on major news programs and channels, including The Daily Show with Jon Stewart, ABC’s Nightline, and CNBC, among others.

Tiwari’s advice to consumers involves a strategy that he calls “asymmetric investing.” This type of investment, as Tiwari describes it, allows consumers to only use a small amount of money to secure massive gains, and he has used the technique to develop his own massive crypto portfolio.

Purchasing Palm Beach Confidential

The total cost of a year of access to Palm Beach Confidential is $5,000, which is for a subscription that will continue to be charged annually until cancelled. However, consumers that find that this product doesn’t suit their needs can give up their access any time in the 12-month period for a full refund.

When consumers order their subscription, the value is substantial. In their order, consumers will get a new issue of Palm Beach Confidential around the third Thursday each month, offering ideas that may help the member gain 1,000% or more on their investments. Members will also get updates every other week to learn more about the current coins that should be in any investor’s portfolio. However, the actual issues of Palm Beach Confidential is just one part of the entire digital package that consumers will get.

Members will also receive access to:

Palm Beach Confidential July 2018 Action Plan: Which Cryptocurrencies to Buy Now

The Blockchain: Your “Backdoor” to Cryptocurrency Fortunes

Unlimited access to Teeka’s Crypto Corner

Palm Beach Confidential July 2018 Action Plan: Which Cryptocurrencies to Buy Now offers the current recommendations of Tiwari, showing opportunities for consumers to profit.

The Blockchain: Your “Backdoor” to Cryptocurrency Fortunes show the top three picks that Tiwari has for blockchain technology. It also features training videos for members to watch.

The Crypto Corner offers a wealth of different media for consumers to pick apart, like additional trading videos, special reports, and a list of frequently-asked questions that show consumers how to get started. The resources will also show how consumers can get involved with nearly any cryptocurrency on the market, regardless of their location, as well as where cryptocurrency can be stored safely and other details.

Videos in the Crypto Corner

Though not advertised on the official website, users of the subscription have posted information about the videos available with Crypto Corner. Some of those videos include:

How to Buy Cryptocurrencies, which shows the most common questions that consumers ask, as well as details about some of the cryptocurrency wallets that Tiwari recommends.

The Cryptocurrency Quick-Start Guide, which explains some details about getting involved in the industry quickly, considering the fast-moving pace of the industry.

Cryptocurrency Wallets, which features a table to help the subscriber determine the best wallet for their particular needs.

Without purchasing access, it is unclear if other videos are presently available, though it appears that additional products are to come.

Reviews of Palm Beach Confidential

On the website for the Palm Beach Group, there are multiple reviews that they display from customers. Some of these reviews show investments of $12,000 that have reached $239,000 in value, or smaller investments around $300 that have risen as high as $125,000 today. For reviews outside of the official website, all that’s needed is a quick search online.

One of the top reviews on Google comes from JeffLenney.com, who hosts a personal blog and works with affiliate marketing and SEO. Stating on his website that he’s worked alongside “some of the BIGGEST names in the online industry,” he expressed a positive attitude about his own results. He stated that the newsletter is easy to get involved in, and that new users are given access to a four-step guide that quickly gets consumers started.

Focusing on the “100% Newbie Friendly” aspect of the program, his video can be found here.

Another blog, Anna’s views (https://annasviews.com/) posted an experience with the program in September this year, warning, “​After getting Palm Beach Confidential I thought I was the queen of the world, until it all came crushing down.” The writer explains that the recommendations took her into investments with up to 100,000% gains, but she made a mistake – “I got greedy.”

Anna explains, “It’s like Warren Buffet says, ‘it is wise to be fearful when others are greedy and greedy when others are fearful.’ That’s exactly the opposite of what I did. Instead of listening to Teeka and investing small amounts into each recommend position, I got greedy. So greedy, that I started buying every crypto newsletter I could find to get more recommendations. As you can probably guess that did not end well.” Read more about her experience by visiting her website.

MLM Companies issued their own review of Palm Beach Confidential, questioning if the newsletter is a scam. As they point out that the cryptocurrency industry is still rather new, the writer states that a little help is sometimes needed to navigate the market. The blog adds, “I think Palm Beach Confidential can do this for you given the success of both Teeka’s recommendations and his general investment strategy. Some critics will point out that Teeka made some ambitious Bitcoin predictions that failed to materialize. However, I don’t think that’s a strike against him as no expert is infallible.”

Additional reviews can be found at Yelp.com, though some consumers state that the only downside of this newsletter is the customer service team. These reviews can be found at https://www.yelp.com/biz/palm-beach-confidential-boynton-beach.

Other Products Offered by Palm Beach Group

Despite the opportunities that Palm Beach Confidential already offers consumers, there are other investment-related products that consumers can purchase, like:

  • The Palm Beach Letter
  • Palm Beach Trader
  • Palm Beach Crypto Income Quarterly
  • Teeka Tiwari’s Alpha Edge
  • Palm Beach Venture
  • Palm Beach Quant

The Palm Beach Letter is the flagship product for Palm Beach Group, which recommends assets that can provide income, while also addressing “smart speculations.” This advisory costs $199.

Palm Beach Trader is an advisory service for trading. Jason Bodner, an editor and former trader on Wall Street, offers stocks to institutional investors, using a set of algorithms that he developed himself. It is available for $3,000.

Palm Beach Crypto Income Quarterly is another service, which brings consumers cryptocurrencies that come with massive dividends, providing an income regardless of the activity in the market. It is available for $3,500.

Teeka Tiwari’s Alpha Edge is a service that allows individuals to beat the averages that investments typically make, giving consumers an advantage over the competition. It is available for $3,000.

Palm Beach Venture is run by Teeka Tiwari, showing the strategies that he’s taken to create massive gains in his own life. While these methods were previously for millionaires and other rich investors, this elite strategy can be accessed by everyday consumers for $3,500.

Palm Beach Quant is the final product of the ones offered to Tiwari, showing decades of price data to predict how the price of stocks has moved over time. Within just a few days, the creators state that consumers can generate hundreds and thousands of dollars a month. The product can be purchased by $5,000.

As an 2020 Palm Beach Confidential update regarding Teeka Tiwari, here is a preview of what else Mr. Big T is involved with a project he launched called Freedom 2020.

Freedom 2020 by Teeka Tiwari: Event Details and Insights

Hey crypto family, Happy 2020 and beyond to you all!

The new decade is dawning upon us and Teeka Tiwari’s Freedom 2020 event is already here, plus the Crypto Oracle shares his insights on the two major catalysts coming to the cryptocurrency market in the first year of the new decade.

While information is limited until the presentation starts, Teeka is calling his 2020 Freedom event his number one wealth-building opportunity this year, due to an exclusive chance at getting in on a pre-Nasdaq listed Initial Public Offering (IPO) deal with a billionaire at the helm. Mr. Big T, the man who always lets the game come to him, wants to ring in the new year with a high-potential investment opportunity to ‘reach financial freedom’, hence the name .Freedom 2020′.

Here’s a quick summary of Teeka Tiwari’s Freedom 2020 details, his first event of the decade for those interested in attending:

  • Name: Freedom 2020
  • Creator: Teeka Tiwari  (Nickname: Crypto Oracle)
  • Date: January 8, 2020 8PM EST
  • Tagline: “A Lifetime of Wealth on IPO Day”
  • Slogan: “The #1 Wealth-Building Opportunity of 2020”
  • Host: Unknown
  • Description: Billionaire’s Pre-IPO Deal that closes in less than 30 days
  • Cost: event has limited space but free to watch, invest as little as $250 into Pre-IPO deal
  • Goal: single day market play that pays for your whole retirement (ambitious)

Let’s review the current Freedom 2020 fact sheet and research what is made available to-date about Teeka’s new money-making investment opportunity.

What is Freedom 2020 by Teeka Tiwari?

By now, Teeka Tiwari is one of the most trusted cryptocurrency experts in the world; traveling not only coast to coast, but country to country and island to island to sift through all of the biggest and most exciting investment opportunities available today.

The reputation Teeka has established for himself is essentially predicated on the results he produces from the research he publishes to his growing memberbase about all the various verticals he operates in like cryptoassets, cannabis and traditional stock markets. Using colorful marketing language and catchphrase worthy event names like 5 Coins to $5 Million (or even Freedom 2020 has a nice ring to it right?) combined with powerful advertising methods has put Teeka on the map when it comes to making money online and the Freedom 2020 event seems to stay the course of what those in the know and on the go with Mr. Tiwari are accustomed to seeing over the years.

Teeka’s statements are usually short and sweet, and directly to the point – and the Freedom 2020 opportunity is centered around making a strategic investment into a Pre-IPO deal that will be listed on the Nasdaq stock exchange soon but is currently not yet which makes this a ‘big flip’ due to a billionaire-backing and insider analysis that he says is drawing huge interest from heavy hitters.

As a prominent online personality and public figure, Teeka usually presents a unique approach to his attendance. He does well at explaining the macro just as well as the micro because he is a boots on the ground, belly to belly handshaking type of character who has built up an impressive track record of who he connects and networks with globally. That trust of knowing the who’s who leads into him understanding what’s what and his skilled research team at Palm Beach Confidential puts together very needle-moving presentations on where the hockey puck is going next so all of his loyal followers can start skating there first.

Teeka’s multi-market background of being a high-up Wall Street suit to an early investment pioneer in cryptocurrencies and cannabis companies has allowed him to flourish in the financial industry as a leading investment advisor (despite always making disclaimers with full disclosure that he does not give personal investment advice). The guy has a very verifiable history of showcasing his entire playbook to his reader-base and it seems the Freedom 2020 event will be much of the same regarding his enthusiasm about his Pre-IPO opportunity with a billionaire as a supporting cast.

What’s on the inside of Teeka’s Freedom 2020 event appears to be in high demand, even from deep-pocketed Venture Capitalists (VCs) who are apparently very intrigued by the trending opportunity Tiwari is going to share should you sign up and join his Freedom 2020 movement.

On his official Freedom 2020 event page, he asks spectators to imagine waking up to see portfolio gains like Google at 1,500,000%, Amazon at 9,165%, Facebook at 200,000% or  Yahoo at 8,100% to name a few. He believes these types of staggering numbers are what lies ahead for the Freedom 2020 investment seekers once the pre-initial public offering goes public on IPO day.

Freedom 2020: Venture Capitalists, IPOs and the JOBS Act?

Whether or not a windfall of profits transpires beyond your wildest dreams, it would be wise to advise everyone to watch Freedom 2020 to at least witness what all the fuss is about and get a glimpse if this is a type of game you want to play in the new year.

The gist of the Freedom 2020 guide is to invest into a pre-IPO opportunity that has a billionaire’s support; but the twist of it hinges on once the JOBS Act passed, companies were encouraged to go public because it helped engagement happen between investors and companies/corporations over the interest and feedback of what the business plan was with more clarity and insider intel. And while now most Venture Capitalists are the gatekeepers to the ground-floor investment world, Teeka looks to leverage his highly-connected network and sprinkle down his knowledge of where he is placing his own funds into and why.

What’s Next? Watch for Free

The Freedom 2020 by Teeka Tiwari live broadcast event is January 7 at 8PM EST. Everyone must register with an email address to receive the instructions and links to attend the webinar.

Teeka has previously always made good on his promises and presentations, never shilling anything externally and only what he believes he and his team have put together using all of their years of experience, knowledge and insight. Is Freedom 2020 legit? It is, based on the simple fact that Teeka Tiwari is a forward-facing futuristic mentor-style professional who keeps things entertaining as well as educational.

Also, in closing, Teeka may drop in some bullish digital asset analysis about the bitcoin halving as well as all of the innovations happening on Wall Street to bring cryptoasset financial products to the mainstream masses in 2020 and beyond.

As our loyal readership knows, from a website who prides itself on delivering in-depth cryptocurrency guides on trading, investing, using exchanges and wallets, researching various altcoins, to breaking down the economics of the bitcoin and the everything in-between the blossoming blockchain industry, it is a very easy recommendation to give all of our visitors about attending the free Freedom 2020 broadcast and see what The Crypto Oracle Teeka Tiwari has to say about his Pre-IPO investment deal meant to enrich his followers.

Summary

The general consensus amongst reviewers and the subscription itself is that 2020 will prove to be a big year for the cryptocurrency industry, much like 2016 and 2017. With such a big moment expected, consumers that aren’t involved in the industry already will likely need a little guidance. By avoiding the mistakes that other users have taken – like getting greedy – there’s a chance that consumers could see impressive gains with Palm Beach Confidential’s advice. With the money-back guarantee, there’s little for consumers to lose.

To get ahold of Palm Beach Group, consumers can contact the customer service team by calling 1-888-501-2598 on weekdays from 9:00am to 7:00pm EST. The team can also be emailed through a link on the official website.

The post Palm Beach Confidential: Crypto Market Research Group appeared first on Master The Crypto.

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Top Crypto News Aggregators: 22 Most Popular Bitcoin News Curators

While cryptocurrency news websites are a dime a dozen, some investors and traders prefer to get their bitcoin and blockchain news from aggregators.

With each passing day, the crypto world continues to witness an influx of more and more technological developments that, quite frankly, are impossible to keep up with. In this regard, over the last 4-5 years, the global altcoin community has seen the rise of many news aggregation tools that allow crypto investors to keep a close track of all the important happenings taking place within the world of digital finance in an easy, streamlined manner.

In this article, we will look at some of the most efficient news aggregators that altcoin enthusiasts have taken a liking to because of their overall utility, speed, and trustworthiness. So without any further ado, let’s jump straight into the heart of the matter.

CryptoPanic

Cryptopanic is one of the most reputed crypto news aggregation platforms available in the market today. It is designed to cover a wide array of information related to digital currencies (both large and small) as well as a host of other projects related to this burgeoning domain. Additionally, owing to the platform’s overall ease of use, CryptoPanic makes it extremely easy for users to skim through huge volumes of news without missing out on any events.

Crypto Pro

A quick look at Crypto Pro’s native UI shows us that the app offers users with much more than just news stories. For starters, the platform’s mobile app comes pre-built with many specialized crypto data modules that help sort out real-time news into specific categories seamlessly. Additionally, the app is extremely easy to use and can be navigated through with the touch of a button.

Other key features related to Crypto Pro that make it unique include:

Crypto Trader Support: The platform has been designed bearing digital currency traders in mind — such that it provides these individuals with a host of pertinent data like real-time exchange rates, price predictions, etc.

Customization Options: Another tool that is unique to Crypto Pro is its ability to allow users to set price and news alerts that are tailored exclusively for the various assets present in their different wallet accounts.

Integration Capacity: The platform comes laden with several easy integration options that allow the app to easily assimilate itself with the APIs of various crypto exchanges. This allows not only allows for easier data syncing bit also makes portfolio tracking much more hassle-free.

Lastly, Apple users will be pleased to know that Crypto Pro comes with a special app module that has been designed exclusively for Apple Watch users.

CryptoControl

CryptoControl is an intuitive news aggregation platform that has been designed for professional crypto traders as well as casual altcoin enthusiasts. Apart from its news collection abilities, the platform also comes pre-built with a social aggregator that allows for a wide array of community-generated content across Twitter and Reddit to be delivered to its users in an almost instantaneous fashion. And while the interface might not be as sophisticated as some of its other digital counterparts, CryptoControl more than makes up for any such issues by offering its users with a massive amount of crypto-related information.

Other key features:

News Heatmap: CryptoControl comes with a heat map that allows users to visualize the day’s top news stories according to their overall importance and relevance.

Terminal Trading: While the feature is not live yet, the trading terminal portal will allow users to complete arbitrage trades across a host of different altcoin exchange platforms. This feature is ideal for those individuals who want to make the most of the price differences available across different digital currency exchanges worldwide.

CoinSpectator

CoinSpectator provides its readers with well-curated news feeds from various social media platforms such as Twitter, Reddit. Not only that, but the platform also pulls a wide array of information regarding ICOs, which are to be launched soon as well. Other details worth noting:

CoinSpectator comes with a price tracker that provides its users with live updates regarding the top 16 cryptocurrency assets in the market today.

The platform offers its users with free email updates regarding all of the significant changes taking place across the global cryptocurrency sector on a regular basis.

CryptoGoat

CryptoGoat is considered by many digital currency enthusiasts as being an excellent source for a wide variety of crypto-related news. And while the overall interface of the platform is quite bland and uninspiring, the sheer number of news-related features that the app offers makes it extremely appealing.

Another core aspect of CryptoGoat is that it filters out “fake news” with a high degree of efficiency and does not display any posts that have been tagged as sponsored content. In fact, the platform only collects news from trustworthy media outlets such as Cointelegraph, BitcoinExchangeGuide, Coindesk, etc.

CryptoCoin.Pro

CryptoCoin.Pro focuses on bringing customized crypto news to its users by weeding out repetitive content using a host of unique filters. In this regard, it also bears mentioning that the platform covers a lot of data related to the global ICO market — thereby allowing enthusiasts to stay up to date with various upcoming projects that are relevant to this field. Other core aspects of CryptoCoin.Pro include:

The app offers its users with an amazing selection of e-books that are dedicated to blockchain/crypto tech.

The website also comes with a section called ‘Did You Know’ that includes various unique facts related to various cryptocurrencies.

CoinLive

CoinLive is another news aggregator source that has become extremely popular over the last year or so. The website offers its readers with a highly detailed list of all the crypto news taking place all over the globe as well as an overview of the global digital asset market in a manner that is not only easy to understand but also quite straightforward. In addition to this, Coinlive also comes replete with a host of video content that is designed exclusively for newer crypto enthusiasts who may not be very knowledgeable about various topics related to the crypto market. Other key facets of the platform include:

Market Analysis: The platform features a lot of analytical data that can allow users to make more informed decisions when trading their assets.

Attractive Interface: Coinlive makes use of an aesthetically pleasing interface that is easy to navigate and control.

Lastly, it also bears mentioning that the system has been designed to incorporate a large selection of cryptocurrency and blockchain-based educational tools that are absolutely free to use.

Coinlib

Coinlib is another news source that is perfect for users looking to acquire a wide variety of curated crypto content. However, the platform is more than just a news portal because it comes laden with a number of other digital modules as well. These include:

  • Price alert options
  • Specialized crypto-analysis and other associated charts
  • Individual coin data
  • Portfolio tracking

All of the aforementioned features are presented to the platform’s users in a highly simplified manner and in real-time. Furthermore, Coinlib also features a tool called the “best price explorer”, which as the name suggests allows traders to take advantage of various arbitrage opportunities that may be available to them at any point of the day or night.

BitColumnist

BitColumnist makes use of a straightforward, no-frills approach to news aggregation. The platform’s interface is extremely basic but provides users with all the data they could possibly need to stay up-to-date with the latest in the world of crypto finance. Additionally, it also bears mentioning that much like other premium news sources like CryptoGoat, BitColumnist too gathers data only from respected publications such as BitcoinExchangeGuide, CoinTelegraph, and CoinDesk.

CCowl

CCowl is the perfect aggregator for those who wish to stay up-to-date with all of the changes taking place within the global crypto news cycle. The website comes with a built-in filter that weeds out any news that is unverified or lacks adequate citations to prove its veracity. Additionally, CCowl only features news from sources such as CoinDesk, Cointelegraph, and BitcoinExchangeGuide. Other features worth noting include:

Market Index: The platform comes with its personalized internal market index that can be used to track the market capitalization of more than 50 digital currencies.

Compatibility: CCowl has been devised in such a way that it can acquire real-time data from a number of reputable crypto trading platforms such as Kraken, Binance, Bittrex, and Bitfinex.

FAWS

FAWS as an aggregation platform that provides its users with not only amazing crypto news content but also comes loaded with other useful features such as:

  • Personalized price alerts
  • Portfolio tracker
  • Altcoin price checker

News accumulator which gathers information from the world’s top 37 crypto media outlets.

Owing to the usefulness of the aforementioned operational modules, FAWS serves as an ideal information avenue for traders looking to take maximum advantage of continually fluctuating cryptocurrency markets around the globe.

Cryptopys

Cryptopys is an excellent aggregation tool that collects relevant crypto news from over 100 reputable industry sources in real-time. However, what really makes this platform stand out is its in-built support for 18 different languages as well as its ever-growing resource pool that is based on a wide array of community recommendations. Lastly, in terms of its overall design, Cryptopys makes use of a simple yet intuitive interface that allows users to track their preferred crypto assets with the touch of a button.

Other relevant info:

The platform has been devised by Krypton Capital and Deco.agency — two crypto firms that have gained a lot of traction over the last couple of years.

Long-time Cryptopys community members have the power to label news items as being FUD, bullish, or bearish — thereby allowing crypto enthusiasts to sift through pertinent data in a more streamlined, hassle-free manner.

Bitlovin.com

While not as popular as many of the other news aggregators available on the market today, Bitlovin does more than a decent job of collecting news headlines from verified media sources based all over the globe. However, the core feature which sets Bitlovin apart from the rest of its competition is its dynamic news timeline that provides readers with round-the-clock news updates (ensuring that crypto investors stay abreast with the latest happenings from the world of crypto).

Hedge Maven

Even though HedgeMaven is not exclusively a crypto oriented news platform, it offers its readers with a plethora of other data related to the hedge fund industry that might be of interest to crypto enthusiasts. Some key data that HedgeMaven routinely delivers includes:

  • Hedge Fund regulatory information (this includes details related to Private Fund – Form ADV
  • Hedge Fund and other associated crypto news
  • Hedge Fund average indices
  • A detailed list of professionals working within this space

Finrazor

Finrazor can be thought of as a cryptocurrency navigator/news aggregator that covers a wide array of news related to nearly ever cryptocurrency available in the market today. Not only that, but the website also contains a large amount of information related to other associated domains such as:

  • ICO (Initial Coin Offerings)
  • Blockchain
  • Altcoin tech

Lastly, it also bears mentioning that along with ICORating.com, Finrazor provides its readers with a host of novel data that not many other websites do currently.

WickedZine

WickedZine.com a dynamic news feed that covers an insane amount of information related to various cryptocurrencies in real-time. The website’s landing page is divided neatly into several sections that contain stories related to Bitcoin, Ethereum and blockchain tech. Not only that, but WickedZine also offers its readers with several lucrative offers (such as Airdrops, token discounts) on a near day-to-day basis.

Intocryptonews

As the name seems to suggest, IntoCryptoNews is a simple, convenient news aggregator that provides digital currency enthusiasts with a 24-hour news feed related to the top crypto assets available in the market today. The website’s design is quite straightforward and does not feature anything too fancy. However, the platform delivers when it comes to providing users with solid educational content.

Coinna

Coinna is a news aggregator that gathers curated crypto content from several established media sources such as BitcoinExchangeGuide, Cointelegraph, Bitsonline, CoinCodex, etc. The platform features various pertinent filters that allow readers to seamlessly scroll between a wide array of topics (such as Bitcoin, blockchain, crypto mining, etc) with the touch of a button. If that wasn’t enough, Coinna also comes pre-built with a section dedicated exclusively to trading.

Crypto News

Crypto News is an aggregation portal that focuses more on things like crypto mining, initial coin offerings, blockchain tech, and specialized cryptocurrency news. The platform is currently only available to Android and iOS users — with the apps being downloadable free of charge. Some of the other key features of Crypto News include:

The platform gathers all of its news from established media outlets such as Forklog, CoinDesk, and CoinTelegraph.

It provides readers with a host of real-time analytical data as well as expert predictions and opinions.

Owing to its integrative API abilities, Crypto News allows its users to acquire different exchange rates being offered by a number of cryptocurrency exchanges in real-time.

The platform also covers other pertinent crypto-related aspects such as expert trading perspectives, global mining activities, upcoming initial coin offerings, etc.

Algory

Despite Algory not being as famous as some of its other digital counterparts, it offers its users with an array of sophisticated features that can rival almost any other news aggregator platform available in the market today. Established in 2018, some of the key features of Algory include:

The platform comes loaded with a social media module that collects crypto data from various websites such as Twitter, Reddit, Facebook, etc.

As per the company’s website, Algory currently accumulates news from over 1000 sources in real-time.

In addition to gathering pertinent headlines from trustworthy sources across the internet, Algory also has the power to acquire other related data from companies offering crypto/blockchain-related products or services.

Lastly, the platform allows its users to create dedicated workspaces as well as customized news pieces related to airdrops and lock-in deposit/withdrawals with the touch of a button.

CoinBlick

CoinBlick is an AI-driven news aggregator that allows users to acquire a large volume of personalized digital currency data seamlessly. As per several sources available online, the website gathers news related to more than 2500+ cryptocurrencies from many websites including Cointelegraph, BitcoinExchangeGuide, Twitter, and Reddit.

Berminal

Berminal is a popular news aggregation tool that allows users to acquire a host of relevant crypto-related information from a large number of trustworthy media outlets in real-time. As per data available online, the firm currently has on its roster a full-time team of professional reporters who have been tasked with the responsibility of creating and curating specialized news content that may be of interest to casual as well as serious crypto enthusiasts.

Some of Berminal’s key features include:

(i) Live Price Data: The app provides users with live prices and technical trading indicators associated with a whole host of digital currencies (including Bitcoin (BTC), Ether (ETH), etc).

(ii) Native Governance Framework: Berminal makes use of its very own governance protocol as well as a digital utility token (BERM) —  that can be acquired by interested users by completing certain tasks and activities such as:

  • Downloading the app
  • Voting
  • Playing the app’s inbuilt BTC price prediction game (called Crypto Psychic)

(iii) Fake News Filter: Berminal comes pre-built with a native filtration tool that helps in the elimination of content that seeks to disseminate false information to crypto enthusiasts all over the world.

Conclusion

In closing out this piece, we would like to remind our readers that these days the market is replete with a number of amazing crypto news aggregators that allow their readers to make smarter investments (as well as identify/analyze the cryptocurrency market in a much more streamlined manner). Thus, our hope is that this list will in some way help you make wiser business decisions.

The post Top Crypto News Aggregators: 22 Most Popular Bitcoin News Curators appeared first on Master The Crypto.

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Bitcoin (BTC) Price Prediction: BTC/USD Struggles Above the $50,000 Psychological Price Level, May Slump To $48,542 Low

Bitcoin (BTC) Price Prediction – March 26, 2021
On March 24, Bitcoin retested the $57,000 resistance level as the BTC price fell to the $50,350 support. The king coin corrected upward and it is consolidating above the $51,000 support. However, if this current support level is breached, BTC /USD will fall into a deeper correction.

Resistance Levels: $58,000, $59,000, $60,000
Support Levels: $40,000, $39,000, $38,000

BTC/USD – Daily Chart

Following its recent fall to $50,350 low on March 25, the bears could not capitalize on the weakness of Bitcoin to sink Bitcoin below the $50,000 psychological price level. This is because there is strong buying pressure at the lower price level. Buyers have bought the dips as Bitcoin holds above the psychological price level. A retest at the $57,000 is possible if buyers can push the price above the $54,000 support. This will propel price to resume an upward move. Nonetheless, if the bulls can reclaim the $58,000 support, the BTC price will resume upside momentum. However, if the bulls fail to move up above the $50,350 support, the bears will break the current support. This will cause Bitcoin to fall to $48,542 low. Meanwhile, the BTC price is trading at $51,654 at the time of writing.

New Zealand Allocates 5% of Its Retirement Fund to Bitcoin
The New Zealand adoption of BTC is an example of Institutional uptake of BTC. The KiwiSaver Growth Strategy is a $350 million retirement plan operated by New Zealand Wealth Funds Management. It has allocated 5% of its assets to Bitcoin. According to James Grigor, the chief investment officer at New Zealand Funds Management, he stated: “If you are happy to invest in gold, you can’t discount bitcoin,” he told Stuff, a New Zealand news agency, adding that BTC will be featured in more KiwiSaver products over the next five years”. He gave an example that the Firm bought Bitcoin for the first time when it was valued at $10,000. Nonetheless, the recent development has made New Zealand Fund Management modify its offer documents to allow for cryptocurrency investments.

BTC/USD – 4 Hour Chart

Bitcoin price has fallen to $50,350 low after its rejection from the $60,000. The coin is consolidating above the $51,000 support after the bulls buy the dips. However, the Fibonacci tool has indicated a further decline if the current support is breached. The bears are attempting to break the $54,000 support. On March 25 downtrend; BTC price fell to $50.350 support. A retraced candle body tested the 78.6% Fibonacci retracement level. The retracement indicates that BTC is likely to fall to level 1.272 Fibonacci extension or the low of $48,542.90.

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Paysafe Seeks US Market Expansion With Coinbase Partnership

Paysafe has sealed a partnership with cryptocurrency exchange Coinbase, as it seeks market expansion in the U.S. Paysafe owns and maintains popular digital wallet Skrill.

Skrill Digital Wallet For US Customers

According to the partnership terms, Coinbase will provide a white label solution for Skrill to aid the digital wallet’s growth in the United States. This will see customers from over 30 US states and territories trade cryptocurrencies like Bitcoin, Bitcoin Cash, Ethereum, Litecoin with their digital wallet.

Head of Institutional Trading at Coinbase, Brett Tejpaul, said:

“As we focus on building the crypto-economy, we look to partner with leaders like Skrill who can white-label our turnkey solution to provide and support digital assets to their clients without having to learn the nuances of building a crypto exchange.”

Following the announcement, the payments company said the expansion program would commence immediately. Skrill says it will look into strengthening its digital wallet’s features for the American consumer.

Skrill had previously launched its Skrill Visa Prepaid Card. It also brought to market Skrill Money Transfer remittance solution and Skrill Knect loyalty and rewards program.

Coinbase Adds Another Feather To Its Cap

Coinbase has had a prosperous year so far. The company, which is reportedly eyeing an initial public offering (IPO), is worth more than $100 billion.

Brain Armstrong, who is the company CEO and co-founder, has successfully navigated the crypto exchange into occupying the enviable position of being the largest Bitcoin exchange in the United States.

Rising institutional demand following crypto upsurge has seen Coinbase become the ultimate destination for companies seeking exposure to the volatile asset class.

Coinbase has high-value clients like intelligence company MicroStrategy, electric car company Tesla, and recently added Chinese tech company Meitu to its list.

Aside from giving exposure to cryptocurrencies, Coinbase has been adding many crypto projects to its platform. In a March 19 post, Coinbase announced that it was adding ADA to its platform. The announcement that quickly propelled the proof-of-stake blockchain protocol to the third position will see Coinbase facilitate buying and selling Cardano’s ADA.

The San Francisco firm also said it is preparing to build a business presence in India. The company said it would initially house IT services, including engineering, software development, and customer support.

New hires will work from home before a physical office is opened in the engineering hub of Hyderabad, subject to the covid-19 protocols.

For now, the company has not posted any vacancy on Coinbase India’s career page.

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Bitcoin Price Prediction: BTC/USD Breaks below $53,000 Level; Price Could Revisit $45,000 Support

Bitcoin (BTC) Price Prediction – March 25

The Bitcoin bulls prepare for a shock as the technical indicator getting ready to send the first digital asset to $45,000.

BTC/USD Long-term Trend: Bullish (Daily Chart)

Key levels:

Resistance Levels: $57,000, $59,000, $61,000

Support Levels: $45,000, $43,000, $41,000

BTCUSD – Daily Chart

BTC/USD is seen falling towards $50,000 once again as the largest cryptocurrency embarked on a support smashing exercise after failing to hold above $53,000 following a significant breakout in the last few days. The bearish control is widespread across the market with other major digital assets posting similar losses as they trade below the 9-day and 21-day moving averages.

What is the Next Direction for Bitcoin?

At the time of writing, BTC/USD is recovering above $51,000 from the daily low of $50,305. However, if bulls increase their entries, they might likely create more volume, in turn, pushing the market price above the next key levels at $54,000 and $56,000. It is now clear that $57,000 is the most critical level in Bitcoin’s recovery journey. Therefore, the further bullish movement may reach other resistance levels at $59,000 and $61,000.

According to the technical indicator RSI (14), BTC/USD is still in an area with intense support as the signal line crosses below 45-level. This explains the immediate reversal above $51,050. On the other hand, a breakdown under the pattern’s support is likely to encourage more selling entries which may likely pull the BTC/USD massively below $50,000. However, losses below the moving averages could signal more retracement to levels closer to $45,000, $43,000, and $41,000 supports.

BTC/USD Medium-Term Trend: Bearish (4H Chart)

On the 4-Hour chart, the Bitcoin price stays below the 9-day and 21-day moving averages and the immediate support is below the moving averages at the $51,000 level. The price may likely fall below $50,000 if the bears fully stepped back into the market.

BTCUSD – 4 Hour Chart

However, a further bearish movement could test the critical support at the $49,000 level and below while the resistance is located above the moving averages at the $54,000 and above. Technically, Bitcoin is currently moving into the negative side as the technical indicator RSI (14) moves into the oversold region.

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Billionaire Investor Ray Dalio Believes Bitcoin Could Be Outlawed 

Billionaire hedge fund manager Ray Dalio says there is a growing possibility of bitcoin being banned following its growing threat to fiat.

Bitcoin May Get The Gold Treatment

The Bridgewater Associates boss – who heads the world’s largest hedge fund manager- said in an interview with the editor-in-chief of Yahoo! Finance Andy Serwer that Bitcoin could get the gold treatment.

He said it’s possible the US government outlaws Bitcoin, the same way gold was taken away from private hands in the past.

The billionaires said no government would like to see another currency challenging its monopoly on supply and demand.

 With Bitcoin playing a pivotal role in re-routing many investments away from the traditional financial systems, some governments are already considering it a threat to their continued control of the economic engine.

Giving an instance, Dalio mentioned the Indian government’s continued attempts to ban private ownership of cryptocurrencies like Bitcoin. 

The Asian nation is revisiting crypto in a new bill it wants to present in the parliament. The move, which the wider Indian community has heavily criticized, will see private crypto investors penalized and possibly jailed after the grace period of 6 months.

Government officials are torn on the issue, saying the government should adopt a dynamic approach to dealing with emerging technology. Others have said crypto-assets like Bitcoin constitute a danger to the economy. Citing massive price rise and ebbs, the opposition camp says Bitcoin would harm an already fragile economy.

BTC A ‘Storehold of Wealth’

Bridgewater Associates is a major player in the assets management circle. The firm currently holds $150 billion in assets under management (AUM), making it one of the world’s largest hedge funds.

Ray Dalio, who serves as a co-chief executive of the firm, said he admires Bitcoin for several reasons.

According to him, Bitcoin has been able to evade the popular 51% attack, enabling one-party control of most of a system’s mining power. This, to Dalio, is a major plus as Bitcoin has addressed government agencies’ major fears.

He also mentioned that Bitcoin had built a massive following since its inception in 2009, and those who got in early are now wealthy. To Dalio, Bitcoin has proven itself as a store of wealth, making it some sort of digital cash.

Dalio is right when he says Bitcoin is used to preserve wealth.

MicroStrategy’s Michael Saylor has been speaking on Bitcoin’s capability in storing value for the past year.

The intelligence company, which has so far converted most of its cash reserves to Bitcoin, owns a treasure trove of Bitcoin.

Tesla’s Elon Musk is also another advocate for Bitcoin. The electric car company staked 7% of its cash reserves in Bitcoin in early February. In a recent tweet, CEO Elon Musk said customers can now pay for Tesla cars with Bitcoin giving BTC a unilateral exchange value.

Musk also pointed out that Bitcoin received by the car company will not be converted back to cash but held in its digital state.

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Ripple Price Prediction: XRP Coin Forecasts

$ 0.187742
XRP (XRP)
1h0.00%
24h0.13%
USD
EUR
GBP

Where is Ripple’s XRP Cryptocurrency Headed? – A Look at the Digital Asset’s Future

Even with the market currently experiencing a fresh new wave of bearish momentum, many industry experts are still quite hopeful as to the crypto sector returning to its all-time-highs sometime in the near future. In this regard, it bears mentioning that Ripple’s XRP token presents the global investor community with an ROI that is substantially larger when compared to other premier crypto assets like Bitcoin. This is because, at XRP’s current value of $0.25, a return to $3.30 would signify a profit increase of more than ten times.

In this piece, we will look at the opinions of various experts and analysts who have been operating within this domain for quite some time. However, before we start doing that, let’s look at some of the reasons that have made XRP so popular over the past couple of years:

Why Does Ripple’s XRP Have A Strong Following?

(i) Institutional Use:

As many of our regular readers are probably well aware, the Ripple ecosystem provides the finance industry with a platform that eliminates many of the problems that are currently associated with cross border transactions. Some of these issues include:

Extremely slow processing speeds: While Paypal takes anywhere between 2-4 days to facilitate international transfers, XRP allows monetary exchanges (local or international) to take place within a matter of minutes.

Tx Costs: Traditional payment processors take anywhere between 3%-5% of the total amount being transferred as processing charges. In this regard, XRP transactions cost just a fraction of what people have to otherwise pay when using conventional payment solutions (such as ApplePay, SWIFT, Paypal, etc).

Unreliability: Ripple makes cross-border payments far more reliable and efficient (especially for large finance operators) by making use of a decentralized ledger that offers a high degree of transparency.

Lastly, it should be pointed out that so far over 100 financial institutions have partnered with Ripple (and are currently making use of the firm’s blockchain solutions and technologies). For example, earlier this year, Ripple entered into an agreement with an Oman-based bank called BankDhofar in order to facilitate its monetary transactions in the most cost-effective, seamless manner possible. Similarly, in the past, Ripple has entered into agreements with other established financial institutions such as Banco Santander, Moneygram as well.

(ii) Big Name Partnerships:

Over the course of the past couple of years, Ripple has entered into partnerships with many firms that have made investors optimistic about the price of XRP. For starters, Ripple recently came together with Flutterwave — a blockchain firm that is looking to bridge the gap that currently exists between the African market and the rest of the global economy. Similarly, Ripple also signed an agreement with Moneynetint — an e-money firm based in the United Kingdom — to help the payments processor facilitate its various voluminous financial tx’s ( for corporate clients only.)

(iii) Super Fast Transaction Rates:

Previously, Visa used to hold the title of being the world’s fastest payments processor. However, all this has changed since Ripple recently dethroned the multinational giant by showcasing processing speeds of up to 50,000 transactions per second — a figure that is substantially higher (<2X) than what Visa has to offer (24,000 TPS).

How Does The Crypto Community Feel About XRP’s Future?

Edith Muthoni — Poor Short-term Outlook

Edith is the Chief Editor at LearnBonds.com, a personal investment site and community with more than 100,000 monthly readers. In her view, XRP has been one of the most disappointing coins of the year. Since late 2018, the digital currency has assumed a bearish trend in what she considers to be its lowest moments yet. She further points out that even though the technology being presented by Ripple is hugely promising, this potential hasn’t reflected in the performance of XRP. In an email to MasterTheCrypto, Muthoni further added:

“In the past 2 to 3 months, the coin has shown faint indicators of a bullish trend forming when paired with Bitcoin. I, therefore, won’t write it off yet – though I wouldn’t recommend anyone to buy in right now. In the long run, nothing about the coin or its blockchain technology gives any indicators of significant price improvements. I am of the opinion that should it assume a bullish trend, it will be so sudden that it will find most investors and regular traders off-guard.”

Ryan Selkis — Optimistic about Mid-to-Long Term Future

Ryan Selkis — the Founder and CEO of Messari — is quite optimistic about the future of Ripple, primarily because he believes that the crypto platform provides companies with a novel protocol that is not only easy to use but also helps streamline payments to different parts of the world. As a result of this, Selkis is quite hopeful that the premier digital token will once again scale back up to its previous ATH within the coming year or so.

Peter Brandt — Continued Price Volatility

The Factor LLC CEO is one of those people who is known to back up his predictions with solid stats and figures. In this regard, when asked about the future of XRP, Brandt stated that XRP was exhibiting signs of coiling up (despite showcasing strong fundamentals.) This, in his opinion, was mainly because Ripple was manipulating the market at large — something which Brandt believes will cause XRP to fall by another 20% by the end of 2019.

InvestingHaven — $20 by the end of 2020

InvestingHaven is an analysis website that its provides readers with detailed breakdowns, price analyses of various digital assets. In this regard, the media outlet claims that by the end of 2019, XRP could very well reach a price point of $20 — a prediction that is most likely to not come true, especially when considering that the currency’s current value lies around the $0.247 mark.

Exante — $0.5 Within Next 3-4 Months

In an online interview with Master The Crypto, the analysis team over at Exante told us that Ripple (XRP) has enjoyed the reputation of being one of the best blockchain ecosystems for banks and other similar financial institutions for quite some time now. As a result of this, the company is poised to bridge the gap that currently exists between the traditional finance sector and the crypto market. Additionally, the folks at Exante also believe that as we move into the future, Ripple may serve as a blockchain ‘channel’ for fiat and various crypto transactions.

“The XPR rate in 2019 is very stable compared to other major tokens. It remained in the $0.24-$0.48 range (twofold magnitude of variation), while the ETH and BTC rates varied threefold and fourfold, respectively. XRP is temporarily on the decline, yet with moderate dynamics. In September, it lost 7% while the overall crypto market lost 15%. Stable rate is a key showing for many investors (especially institutions), so in the long run, they may have greater interest in XRP than BTC. In the future, the stability factor may boost XRP prices over classic crypto. Predicting asset prices in the volatile cryptomarket is a daunting task. Think of the Bakkt trade start as an example. That said, I believe XPR will remain in the $0.2-$0.3 range for the next few weeks, possibly rising over $0.5 by the end of the year.”

Exante is a European investment company that provides its customers with an online trading platform with access to 50+ global markets. In 2012, the firm founded the world’s first cryptocurrency hedge fund Bitcoin Fund. Exante is authorized by the European regulators MFSA and CySEC.

Naeem Aslam — Positive Short-Term Valuation

Naeem Aslam is a well-respected crypto analyst who recently commented on what he thinks the value of XRP will be in the coming future. He believes that XRP is heavily oversold at the moment and thus it would be wise to invest some of one’s life savings in the premier digital asset.

Phil Nunn — Strong Long-Term Outlook

Phillip Nuun is the CEO of Wealth Chain Capital & The Blackmore Group. In his view, Ripple’s XRP token will continue to play a large role within the global crypto ecosystem. And while he did not give an exact number as to where the digital token will reach in the coming few years, he did add that the future looked bright for XRP and that Ripple was as important to the global tech landscape currently as Microsoft was during the ’90s and the early 2000s.

Daniel Ameduri — Positive Mid-to-Long Term Outlook

Daniel Ameduri is the co-founder of Future Money Trends as well as the author of Don’t Save for Retirement: A Millennial’s Guide to Financial Freedom. He recently told Master The Crypto that owing to XRPs utility in facilitating fast, low commission currency exchanges (which can happen on average 4 times per second), many people all over the world are beginning to forego their dependency on the US dollar and have started to transition to crypto. Ameduri further added:

“As XRP continues to be adopted by banks such as PNC, Santander, Standard Chartered, and more, we will see momentum build on itself which will give XRP strong fundamentals for higher prices going forward. I expect the overall crypto market to be in a long-term uptrend as I’m a believer in the blockchain. XRP is one of the most respected top crypto assets and as Bitcoin rises, I fully expect the rising tide to reflect in higher prices for XRP. I believe in 5 years, we will see new all-time-highs. Currently XRP is at $0.25 and its ATH is at $3.84, clearly, I’m very bullish on the future of XRP. We will need Bitcoin to regain confidence to the upside to ultimately see it build momentum.“

LongForecast — Between $0.1 – $0.2 till 2021

Another popular website that is known for its well-researched price predictions. In regards to XRP, the research team over at LongForecast believes that the third-largest cryptocurrency by total market capitalization will continue to hover between the $0.1 and $0.2 value range (at least till mid-2021). However, in the long term (i.e. by 2023) the price of XRP may once again surge and reach a price point of around $0.49 per token.

OracleTimes — $5 by December 2019

The popular crypto media outlet posted an article recently in which their research team mentioned that they foresee the price of XRP scaling up to around the $5 by the end of this year. However, since the start of 2019, Ripple’s flagship digital currency has dipped by more than 10% — as a result of which, many experts are now quite dismal when it comes to XRPs future financial potential.

Roman Guelfi — Decent Short-Term Outlook

Respected crypto analyst Roman Guelfi believes that 2019 will turn out to be a good year for XRP — especially since Ripple recently on-boarded several established projects (as well as other blockchain/crypto-related companies) to bolster its mainstream credibility. And while Guelfi did not provide an exact price prediction to back up his claims, he did add that by late 2019, XRP might force other established crypto assets to “take a backseat”.

UsLifted — Approximately $23 by late-2020

Crypto prediction portal ‘UsLifted’ claims that within the next 16 months or so, the price of a single XRP token might scale up to a mammoth $22.79 (along with a circulating supply of 38,739,145,924 XRP.)

Lance Morginn — 100 to 500% Increase In Use

Lance Morginn, President of Blockchain Intelligence Group (BIG) a Vancouver-based blockchain-agnostic search and analytics intelligence firm, working directly with financial services, ATMs, exchanges and banks, regarding the XRP price projection.

I think that XRP has some real legs and therefore could see significant increases in the coming years. In the next 6 months, I think we could see 100 to 500% increase and in the long run it could be a significantly higher increase based on today’s price. When asked about his views on XRP as a currency from a financial POV, he stated I would anticipate we will see more firms like SBI which are embracing the Ripple network. At the end of March of this year they connected 13 banks to their blockchain payment app.

In the long run, we will only have a handful of cryptocurrencies and I do believe XRP has a chance of being one of them,

XRP Coin Predictions In Closing

After a tumultuous 2018, XRP’s performance over the past couple of months seems to have somewhat stabilized. However, when looking at the fundamentals of the currency, many experts believe that great things might be in store for XRP. For starters, Ripple has recently entered into partnerships with a large number of established firms and business ventures — something that has infused the market with a lot of investor confidence.

With that being said, it should be made clear that any of the opinions/expert takes that have been outlined above should merely be viewed as guidance pointers and not as concrete investment advice. For people looking to invest big in this market, it is best that they do their due diligence as well as consult a few financial advisors who have been active within this somewhat nascent domain for a few years now.

The post Ripple Price Prediction: XRP Coin Forecasts appeared first on Master The Crypto.

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ICO Analysis: CryptoProfile ICO Review

CryptoProfile ICO Review: A comprehensive review and analysis on CryptoProfile ICO, which aims to create a consolidated marketing airdrop platform.

Note: This represents the writer’s personal opinions and does not – in any way- constitute a recommendation of an investment or financial advice. Please assume caution when investing in cryptocurrencies and do so at your own risk, as it is extremely volatile and you can lose your money.

Overview

CryptoProfile is a leading blockchain marketing agency that is creating a consolidated airdrop platform for the ICO market. The goal of the platform is to connect Initial Coin Offering (ICO) projects with a large network of cryptocurrency enthusiasts, with various services that would significantly enhance a project’s marketing campaigns. The core services of the platform will include Education, Airdrops, Bounties and Investment opportunities.

With the airdrop platform, CryptoProfile is trying to solve 2 core issues:

  1. Unreliable Airdrop Mechanisms: Airdrops have been a unique mechanism in the cryptocurrency market with the main function of distributing free tokens from ICO projects to the masses for publicity and marketing purposes. However, the existing airdropping mechanisms are often m annual and unreliable, especially for participants that possess a financial incentive – such as marketers, writers, partners, and referrers – that enhances the exposure and publicity of the ICO.
  2. Shady ICO Practices: It is no secret that the ICO market is rife with shady practices, money-grabs, scams and Ponzi schemes that prey on vulnerable participants in the cryptocurrency market. The absence of any regulations makes it easy for ICO projects with ill-intent to get away with their schemes. Alternatively, the high failure rates of ICOs are a result of the lack of product viability.

(See more: Dangers in Cryptocurrency Investing)

Application

CryptoProfile looks to streamline the airdropping process while preserving a rigorous standard of business acumen since the success of its platform is directly correlated with the success of the ICOs within the ecosystem. Here is a visual flow of how the platform will function:

The airdrop mechanism instituted by CryptoProfile will run as follows:

  1. ICO Projects on-boarded by CryptoProfile will need to upfront USD100k for the marketing exposure and services of the network. In return for that, USD 100k value of CP tokens will be given to the ICO project.
  2. The CP tokens returned to the ICO project will be locked up in a smart contract for six months and released when the project has successfully listed their native tokens on an exchange.
  3. The ICO project will need to allocate 10% of their ICO token to CryptoProfile, which thereafter allocate 100% of that token pool and airdrop to CP token holders in order to further stimulate interest and participation from the cryptocurrency community
  4. All CP token holders will be rewarded with airdropped tokens each time an ICO is onboarded into the CryptoProfile network.
  5. There is also an avenue for CP token holders to invest transparently on the ICOs which interest them within the CryptoProfile ecosystem.

Due Diligence Mechanism

Every ICO project will need to be screened thoroughly to ensure that they conform to the standards set by CryptoProfile. The due diligence mechanism is as follows:

  1. Business Viability: The project must be able to address a current problem with an adequate target market and feasible cash-flow predictions.
  2. Technology: The project must be backed by a sound technological base that works and fits the overall project goals.
  3. Token Economics: A stable token economic model is a pivotal factor in the success of the project. Key variables to look out for is the degree of centralization, escrow mechanisms and the synergy of the tokens with stakeholders’ interest
  4. Team: The team working on the product must be qualified with the necessary skills and dynamism for the project’s success.
  5. Coin Utility: The value of any token is fully contingent on its utility. There must be a solid use-case and application for the tokens within the ecosystem.
  6. Regulation: Given the increased scrutiny of the greater cryptocurrency market, the regulatory aspects of any project will need to be analyzed within the context of its jurisdiction before anything else.

(Read also: Why do people hate Bitcoin & Cryptocurrencies? Here’s 5 Common Misunderstandings)

Unique Selling Point

  • Novel Economic Model: CryptoProfile is one of the first platforms that focus on creating a consolidated airdrop platform for ICO projects. The platform naturally aligns the long-term interests of stakeholders, with listed ICO projects getting the marketing exposure from the extensive network of investors who hold CryptoProfile’s native tokens (called CP). CP holders are financially incentivized to also increase the marketing exposure of ICO projects within the ecosystem through the consolidated airdrop mechanism.

Team

Here is CryptoProfile’s team:

All of the team members of CryptoProfile is based in the country of its incorporation, which is in Singapore. There is a total of 7 core members that make up the team, headed by Max Ng, the managing director. Max has been in the cryptocurrency space since 2012, focusing on cryptocurrency education and trading on his previous endeavors. He has also been credited as creating a global charting methodology with an estimated accuracy of 80% on speculation detection. Along with his co-founders, they are advisors to various ICO projects in the early stage round. A notable highlight is CryptoProfile’s Global Business Development Director, Amarpreet Singh, who is rated as one of the top 10 Global ICO/STO Advisor and was a former economic advisor to the World Bank.

(See more:  Types of Coins to Diversify Your Crypto Portfolio & Manage Risks)

Traction

Partnerships

Here are Cryptoprofile’s partners:

Cryptoprofile has partnered with various educational entities such as the Institute of Blockchain, WebLearningResources, and IKIGuide. This is aligned with their initial focus of spearheading cryptocurrency awareness and education to the cryptocurrency community. CryptoProfile are also active in the cryptocurrency events space, partnering the likes of BlockShow (by CoinTelegraph).

Roadmap

Here is CryptoProfile’s roadmap:

CryptoProfile has been operating since the third quarter of 2016, beginning with educational services and resources for the greater cryptocurrency community. It has then grown into a full-suite marketing agency that has established itself in the Asian region. The pre-sale and actual ICO will take place in the first quarter of 2019. The first half of 2019 would see the development of their native wallet and the launch of their test-net.

(Read more: Crypto Beginners Guide: 5 Things Crypto Newbies Should Know)

Token Economics & Utility

Token Metrics

Here’s is the breakdown of Cryptoprofile’s native tokens, CP:

CryptoProfile has already completed their private sale round with great interest and is now looking towards their pre-sale round, which commences at the start of 2019 for a period of 30 days. Over a quarter of the total funds raised will go towards marketing expenses in a bid to create the publicity and branding of the platform.

Token Utility

CryptoProfile’s native coin is an ERC 20 token called CP, which is built on the Ethereum blockchain. The soft cap of CryptoProfile’s token sale will be $1.1 million while their hard cap stands at $30. 4 million.

CP is a utility token with the following use cases:

  • Main Currency: CP will be the main currency in CryptoProfile ecosystem, which is required to interact with the platform’s key components. ICO projects that are onboarded into the platform is required to convert their fiat into the native CP tokens to access their marketing exposure,
  • Remuneration: There will be a wide reward pool for stakeholders of the CryptoProfile network, such as content writers and bounty hunters. They will be rewarded in CP tokens

(See more: Will A Crash in Bitcoin’s Price Lead to Its Demise?)

Strengths

  • Lucrative Market Potential: The cryptocurrency market is one of the fastest growing industries globally, even at when the market experienced a bear market for the rest of 2018. Though volatile, the infancy of blockchain technology has attracted many in the space, with market capitalizations of the general cryptocurrency market standing in excess of $150 billion.
  • Novel Economic Model: CryptoProfile is one of the few projects around that tries to enhance the airdropping mechanism that is unique to the cryptocurrency market. Ensuring that all stakeholders in the ICO marketing process is aligned financially and for the long-term, it adds strong value to their native tokens, CP.
  • Due Diligence Mechanism: CryptoProfile’s platform ensures that only credible projects are onboard. Projects will be assessed using a strict standard that consists of its potential viability, technology metrics, team strength, and token utility. This is a positive point since the credibility of CryptoProfile’s platform is only as strong as the credibility of the individual ICO projects within the ecosystem.

(Read more: 5 Valuable Lessons From The Cryptocurrency Market in 2018)

Weaknesses

  • Lack of Technical Details: The whitepaper lacks the technical details on the blockchain end of the platform.
  • Moderate Roadmap: The second half of 2019 looks quite uneventful according to the roadmap, which sees CryptoProfile focusing on forums in the third quarter and compliance matters in the last quarter. It seems relatively lax relative to the schedule of other ICO projects.

Summary

From its humble beginnings focusing on cryptocurrency awareness and education, Cryptoprofile has grown into an established marketing agency that has its sight on redefining the airdropping process. Being an integral and unique part of the cryptocurrency world, airdrops has often been unreliable and limited in its effectiveness as a marketing tool. With a platform specifically focused on delivering value to new ICO projects and financially incentivizing all stakeholders in the process, the long-term vision of each ICO project is extrapolated to the greater community.

Verdict: Good Project

(Read also: Evolution of Cryptocurrency: The Problem With Money Today)

Beneficial Resources To Get You Started

If you’re starting your journey into the complex world of cryptocurrencies, here’s a list of useful resources and guides that will get you on your way:

Trading & Exchange

  • Crypto Guide 101: Choosing The Best Cryptocurrency Exchange
  • Guide to Bittrex Exchange: How to Trade on Bittrex
  • Guide to Binance Exchange: How to Open Binance Account and What You Should Know
  • Guide to Etherdelta Exchange: How to Trade on Etherdelta
  • Guide To Cryptocurrency Trading Basics: Introduction to Crypto Technical Analysis
  • Cryptocurrency Trading: Understanding Cryptocurrency Trading Pairs & How it Works
  • Crypto Trading Guide: 4 Common Pitfalls Every Crypto Trader Will Experience

Wallets

  • Guide to Cryptocurrency Wallets: Why Do You Need Wallets?
  • Guide to Cryptocurrency Wallets: Opening a Bitcoin Wallet
  • Guide to Cryptocurrency Wallets: Opening a MyEtherWallet (MEW)

Read also: Guide on Privacy Coins: Comparison of Anonymous Cryptocurrencies and Guide To Cryptocurrency Trading Basics: Do Charts & Technical Analysis Really Work?


This represents the writer’s personal opinions and does not – in any way- constitute a recommendation of an investment or financial advice. Please assume caution when investing in cryptocurrencies and do so at your own risk, as it is extremely volatile and you can lose your money.


Enroll in our Free Cryptocurrency Webinar now to learn everything you need to know about crypto investing.

Get our exclusive e-book which will guide you on the step-by-step process to get started with making money via Cryptocurrency investments!

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The post ICO Analysis: CryptoProfile ICO Review appeared first on Master The Crypto.

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ICO Analysis: RainCheck ICO Review

 RainCheck ICO Review: A comprehensive review and analysis on RainCheck ICO, which aims to disrupt the online-to-offline commerce space.

This represents the writer’s personal opinions and does not – in any way- constitute a recommendation of an investment or financial advice. Please assume caution when investing in cryptocurrencies and do so at your own risk, as it is extremely volatile and you can lose your money.

Overview

Raincheck is an online-to-offline (O2O) commerce platform that allows retail brands to track and influence online product discovery to physical, in-store sales. On the user end, Raincheck platform allows them to source for products online and be notified – at a contextual and relevant time – when the product is available in nearby stores. Simultaneously, users will be notified of various offers and rewards that is currently applicable to them.

Raincheck plans to create a complete the O2O loop by integrating a decentralized peer-to-peer (P2P) loyalty and payment network into their current commerce platform. The ultimate goal is to reach all data points and stakeholders within the online-discovery and offline-purchasing loop.

Here are the following problems that Raincheck aims to solve:

  • Absence of Offline Data Analytics: Statistics show that 85% of people are likely to browse for products online and make a purchase physically at the retail store. Though it is easy to gather consumer behavioral data online, current technology prevents data to be gathered once users leave the online store
  • Broken Customer Loyalty: The current loyalty programs are faced with obvious weaknesses; most people do not use their loyalty points since they could never accumulate enough points for a worthwhile reward. Additionally, loyalty programs can accrue significant liabilities to businesses.

(See more: A Guide To Fundamental Analysis For Cryptocurrencies)

Interview with Founders

We had the opportunity to engage in a high-level interview with RainCheck’s Founder & CEO, Cameron Wall. We asked several important questions about RainCheck according to several metrics. Have a look at the interview below:

Application

Raincheck aims to provide users with a personalized shopping experience while enabling businesses to measure digital marketing spend offline,where most sales occur. This is achieved through their patent-pending commerce platform that allows businesses to track online-to-offline sales cycle and also enables card-linking loyalty capabilities for user’s debit/credit cards.

Card-linking is a process of linking up users payments cards (debit/credit cards) directly to a merchant’s loyalty program, digital offer and cash-back bonuses.

Here is the general overview of the Raincheck platform:

The Raincheck platform is divided into 10 interconnected modules that can operate on multiple instances, with each module being as open as possible to enable wide third-party acceptance. All instances are based on the AWS Cloud Environment. Now, it is important to understand that the Raincheck platform uses a centralized structure since it uses Amazon’s AWS cloud server. The integration of  blockchain functionality comes at the next step, which is on the payment processing network.

(Read also: Category of Cryptocurrency Market: Blockchain Platform)

Tokenization of Payments Data

In order to successfully link offline sales data with online data, data regarding the payment networks need to be integrated into the overall framework. That is why Raincheck will tokenize personal data associated with a payments card (debit/credit card). This token-based system will capture the offline-to-online data that is accessible at product (SKU) level rather than the merchant-level, which previously has been rare. Here’s an example:

  • Merchant-Level Promotion: Spend $200 at merchant ABC tomorrow and receive $2O cash-back
  • Product (SKU) Level: Buy product CDE tomorrow and receive 20% cash-back or 30 loyalty points

Tokenizing payment card data and integrating it to a traditional Customer Relationship Management (CRM) system would create a more personalized system for end consumers. Here is how the token-based system will work in the greater scheme of things:

Stakeholders

The core functionality of the Raincheck platform will enable tracking, measuring and rewarding users from online product discover to physical, in-store purchasing. Here are the advantages that stakeholders will gain using the Raincheck platform:

  1. Users: Shoppers can use Raincheck’s free service to be rewarded by just discovering online products and buying them at a later time (both online or physical shops) through rebates, discounts and cash-backs
  2. Retail Businesses: Businesses would be able to gather critical consumer behaviour data from O2O sales which previously would have been unattainable, which can now be used in their marketing analysis.
  3. Payment Processors: The likes of Paypal and Stripe can now capture offline sales derived from online discovery and increases their revenue channels through commissions or charging fees via the O2O cycle
  4. Financial Institutions: Banks can create more personalized card schemes for their customers by having access to SKU-level data
  5. Channel Partners: Distributors such as online publishers could represent new revenue channels for businesses

(See more: Guide to Cryptocurrency Liquidity: Understanding Liquidity & Its Importance)

Technical Overview

The Raincheck platform will be made up of the existing centralized commerce platform (fueled by AWS server) with a decentralized component which is the Loyalty & Rewards platform that is built on the Stellar Network. Stellar was chosen since it is a high-throughput, decentralized blockchain with low latency and strong security. Here is the technical overview of Raincheck’s platform:

Unique Selling Point

There are several elements that make Raincheck stand out:

  • Patent-Protected Technology: Raincheck ‘s technology is currently patent-pending and once granted, will serve as a strong moat to deter competitors in a lucrative market.
  • End-to-End Data Points Bridging the Online and Offline World: Raincheck’s solution will focus at the Stock Keeping Unit (SKU) level instead of only the merchant and spend level that is the status quo of the industry. This means that the entire data point from when an online product is discovered to when it is purchased in an offline store can be gathered and utilized.

(Read more: Guide to Blockchain Protocols: Comparison of Major Protocol Coins)

Team

Cameron Wall (CEO) leads the team with a belt of entrepreneurship ventures focused on mobile and web development for global enterprises. His expertise in mobile and cloud-based applications is a natural fit for the business. William Lin (CTO) heads the technical end, with expertise in cloud based backend and front-end development of web platforms and mobile applications. Although Raincheck’s website and whitepaper mentions William’s expertise in machine learning, artificial intelligence and blockchain systems, there is no indication of those skills as per his previous working experience. The business end is headed by Peter Bremner, who has strong corporate and government links from his established corporate background.

There are 8 other team members that takes on blockchain development, artificial intelligence and mobile development.

(See more: Guide on Identifying Scam Coins)

Advisers

Raincheck features a comprehensive list of advisors with expertise in each technological layer of the Raincheck platform, from the technology side to the retail side. Leveraging the expertise of a wide-array of experts from the technical and business side is always a good indicator.

Though comprehensive, there seems to be no prominent advisors for Raincheck.

Traction

There are 4 indicators of Raincheck’s progress so far. They include a pilot program, mobile applications, browser extensions and awards they’ve achieved.

1. Pilot Program

Raincheck has successfully engaged in a pilot initiative of their platform in 2017. The 6-month pilot phase in Australia saw 6 retailers leveraging on Raincheck’s platform. The approximate number of users were 2,675.

The pilot program shed several interesting insights that supported Raincheck’s hypothesis that people would save online products they’re discovered for a later point in the future. It also revealed that the physical store represents the most important channel of sales acquisition for retail brands.

2. Mobile Application

Raincheck has a mobile app both in the Google play store and the Apple store. Here is how the app looks like:

Here is a look at the reviews of the mobile app from both Google and Apply playstore:

The volume of reviews is insufficient for a credible conclusion since the app has gained a limited review rate, which could be easily manipulated. The install rates, which is a better indicator of user reception seems to indicate minimal traction, with the Google play store gaining only 500+ installs. Given the paunch of the mobile app in 2016, this seems to indicate lacklustre traction amongst users.

3. Mobile Extensions

Raincheck has also developed browser extensions for its application, both in Chrome web store and Apple’s Safari. However, the amount of users that have downloaded the extensions aren’t convincing of Raincheck’s traction:

Chrome’s version has only amassed 44 users of Raincheck’s application, which is extremely small. This is not a good indicator of Raincheck’s traction.

4. Awards

On the awards front, Raincheck has raked up several awards that include those from Visa and Accenture. Here are the accolades that they’ve received:

Awards are definitely a positive indicator of a strong project concept. Winning several awards from prominent institutions puts Raincheck a step ahead of many ICOs that have not reached this level of recognition.

(Read also: Crypto Trading Guide: 4 Common Pitfalls Every Crypto Trader Will Experience)

Token Economics & Utility

Token Metrics

35% of the total pre-mined supply of Raincheck’s native tokens will be distributed at the ICO. This is a relatively lower allocation compared to other ICOs, which usually allocates upwards of 50% of their token supply to the ICO. A lower ICO allocation equates to greater centralization of the token supply, which could be unnerving for investors. Fortunately, Raincheck is transparent about its token supply breakdown. Here are the vesting schedule for different categories of their token distribution:

  • Strategic Pool: Tokens will be reserved over a 3 year period and will be allocated to strategic partners and enterprise organizations to stimulate participation and traction.These organizations would be offered an opportunity to purchase RAIN tokens at market rates
  • Team: Tokens will be vest 12 months from the start date of the sale period, to align employees with long-term objectives
  • Advisors: Tokens will be frozen for 6 months from the end of the public sale period and will then vest over a 24 month period
  • Rewards Pool: Leftover ICO tokens will be transferred to the rewards pool, which will be used as to reward participation in the ecosystem and promotion of Raincheck. There will also be a token-burning mechanism where RainCheck will periodically buy back and burn RAIN tokens using the profit generated from the O2O shopping and overseas commerce business

Raincheck’s $28 million hardcap is at the higher spectrum of ICO funding, which is quite surprising given the bear market the general cryptocurrency market has been experiencing since the start of the year. It will be extremely hard for Raincheck to hit their hardcap given the state of the market.

(Read more: Analyzing Cryptocurrency Risk: Existing Coins vs ICO)

Token Utility

Raincheck will feature its own utility token that is called RAIN, which will be used as the primary currency within the Raincheck platform. Users need to possess RAIN tokens to access the range of services and functions on the platform. Here are the use-cases for RAIN token:

  • Medium-of-exchange between merchants and users
  • Value unit within Decentralized Autonomous Organizations (DAOs), which will be staked by brands in relation to their community membership
  • Rewards trading between different loyalty programs and schemes

These use-cases will fuel the demand for RAIN tokens. Given the fixed supply of pre-minted tokens, the long-term value of RAIN is directly tied to the success of Raincheck’s platform. Additionally, the burning mechanism employed by Raincheck to buy-back and burn RAIN using operational profits would serve to enhance RAIN’s long term value given that its supply would periodically decrease.

Roadmap

Here is the roadmap for Raincheck:

Raincheck has a long track record when compared to the majority of ICO projects. It was established way back in 2014 and has released its platform in 2016. Moving forward, the completion of Raincheck’s solution could stretch as far as the 2nd quarter of 202, which is a long way ahead.

(See also: Guide to Forks: Everything You Need to Know About Forks, Hard Fork and Soft Fork)

Strengths

  • First Online-to-Offline Commerce Solution: Raincheck has created an end-to-end solutions to capture offline retail data in conjunction with online consumer data, which could prove invaluable to brands and businesses in understanding their consumers more.
  • Scalability: Raincheck’s platform is built on the Stellar blockchain, which can process much more transactions that its competitors built on the Ethereum blockchain. This focus on scalability is vital in ensuring that Raincheck’s platform can scale with more transactions in a viable manner.
  • Track Record: Raincheck has been operating for close to 4 years, which puts it at the higher percentile of ICO projects with a track record and a working product.
  • Accolades: Raincheck has won several awards and recognition from prominent establishments such as VISA and Accenture for their project, which is a good sign of credible project model.
  • Patent-Protection: Raincheck’s core system is patent-pending, which if granted, allows for greater barriers to entry for future competitors

Weaknesses

  • Centralized Core System: Raincheck’s core system is built on an AWS, centralized server with the decentralization aspect coming from its loyalty & rewards platform. Since its core system is centralized, it is vulnerable to various risks which could be mitigated using a decentralized system.
  • Little Traction: Looking at indicators of traction via mobile application and browser extension downloads, the numbers are small considering Raincheck has launched them in 2016. This is a sign of poor user attraction towards Raincheck’s solutions.
  • Little Hype: There seems to be limited resources and publications surrounding the potential impacts of Raincheck’s solutions, which could significantly enhance commerce industry

Summary

Raincheck offers a viable solution in bridging the online commerce world to the physical, in-store sales cycle that can prove invaluable to retail businesses that are gearing towards a more data-centric approach in understanding the consumers. Though Raincheck’s decentralized loyalty platform and token-based structure, the final piece of a complete online-to-offline commerce solution could finally be in the way for the industry.

Verdict: Good Project

(Read also: Evolution of Cryptocurrency: The Problem With Money Today)

Beneficial Resources To Get You Started

If you’re starting your journey into the complex world of cryptocurrencies, here’s a list of useful resources and guides that will get you on your way:

Trading & Exchange

  • Crypto Guide 101: Choosing The Best Cryptocurrency Exchange
  • Guide to Bittrex Exchange: How to Trade on Bittrex
  • Guide to Binance Exchange: How to Open Binance Account and What You Should Know
  • Guide to Etherdelta Exchange: How to Trade on Etherdelta
  • Guide To Cryptocurrency Trading Basics: Introduction to Crypto Technical Analysis
  • Cryptocurrency Trading: Understanding Cryptocurrency Trading Pairs & How it Works
  • Crypto Trading Guide: 4 Common Pitfalls Every Crypto Trader Will Experience

Wallets

  • Guide to Cryptocurrency Wallets: Why Do You Need Wallets?
  • Guide to Cryptocurrency Wallets: Opening a Bitcoin Wallet
  • Guide to Cryptocurrency Wallets: Opening a MyEtherWallet (MEW)

Read also: Guide on Privacy Coins: Comparison of Anonymous Cryptocurrencies and Guide To Cryptocurrency Trading Basics: Do Charts & Technical Analysis Really Work?


This represents the writer’s personal opinions and does not – in any way- constitute a recommendation of an investment or financial advice. Please assume caution when investing in cryptocurrencies and do so at your own risk, as it is extremely volatile and you can lose your money.


Enroll in our Free Cryptocurrency Webinar now to learn everything you need to know about crypto investing.

Get our exclusive e-book which will guide you on the step-by-step process to get started with making money via Cryptocurrency investments!

You can also join our Facebook group at Master The Crypto: Advanced Cryptocurrency Knowledge to ask any questions regarding cryptos!

 

 

The post ICO Analysis: RainCheck ICO Review appeared first on Master The Crypto.

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ICO Analysis: Trivver ICO Review

 Trivver ICO Review: A comprehensive review and analysis on Trivver ICO, which aims to redefine the extended reality advertising space.

This represents the writer’s personal opinions and does not – in any way- constitute a recommendation of an investment or financial advice. Please assume caution when investing in cryptocurrencies and do so at your own risk, as it is extremely volatile and you can lose your money.

Overview

Trivver is creating an advertising platform for extended reality environments. Extended Reality (XR) is an exciting new technology that covers the following scope:

  • Augmented Reality (AR): Enhances real experiences with digital overlays of objects and information
  • Virtual Reality (VR): Submerges user into a an entirely new reality
  • Mixed Reality (MR): A hybrid of AR and VR

Trivver’s technology allows an advertiser or an advertising agency to create, manage and monitor ad campaigns in real time. More specifically, advertisers can create 3D elements for their brand and deploy it across a wide-range of XR environments of their preference.

(See more: A Guide To Fundamental Analysis For Cryptocurrencies)

Application

The goal of Trivver is to create a next-generation advertising platform that leverages on both virtual reality and augmented reality to deliver a highly fascinating and engaging ad experience for users. The core of Trivver’s technology is called ‘Smart Objects’, which are highly customizable and engaging 3D-objects in extended reality environments.

(Read also: Breakdown of Cryptocurrency Market: 12 Major Cryptocurrency Categories)

Here is a diagram flow which illustrates how Trivver will work:

There are 3 main stakeholders in the Trivver network:

  • Advertisers: Advertisers can create contextual, enriching and personalized XR ad campaigns – through smart objects – that are integrated with the necessary information that relates to branding, offers and various call-to-action. Consumer data would also be automatically collected through Smart Objects, which would provide valuable insights for the advertisers.
  • Publishers: Publishers can monetize their platform (website, mobile applications etc.) with XR-denominated ad space that is native to the context of the environment. User data would also be available for publishers to enhance user experience and effectively index their content.
  • Consumers: Customers are incentivized to earn native tokens in return for their time, attention span and data.

Extended reality is an exciting technology that can be applied to various use cases that include:

  • Online Gaming
  • Virtua Real Estate Tours
  • Virtual Reality Experiences
  • Augmented Retail Shopping

(See more: Guide to Cryptocurrency Liquidity: Understanding Liquidity & Its Importance)

Technical Overview

It seems that Trivver will create their native blockchain with smart contract functionality. The use of blockchain will be geared towards its XR ad exchange, where transactions on the platform will be managed, executed and recorded in the blockchain. There are 5 core components of Trivver’s ecosystem, that include:

  1. XR Ad Exchange (XRAE): The core component of Trivver’s solution is XRAE, a platform that connects buyers and sellers of XR ad inventory. It allows agencies, network or advertiser to conceive, run and track highly-targeted ad campaigns in any XR environment (which include desktop applications and mobile applications). This is where Trivver’s native blockchain and smart contract functionality comes into play:

  2. 3D Asset Editor: Trivver’s native application that facilitates the conversion of advertisers’ 3D brand model to a Branded Smart Object (BSO). BSOs are basically customizable assets which exist within the natural setting of digital environments, with the purpose of disseminating information to consumers about the digital object (such as business branding or product offers) and collecting user data. Trivver’s asset editor will ensure that the advertisers model is automatically-sized and oriented across any XR environments.
  3. Software Development Kit (SDK): A toolkit for developers and content creators to embed their XR environments with ad spots for BSOs
  4. Smart Object Catalog: A comprehensive library of Generic Smart Objects (GSOs) models, which will be used by content developers to create their XR environments and populate ad spaces with Smart Objects (such as furniture, motor vehicles, appliances, design elements, sporting and outdoor equipment). GSO’s are the foundation for creating BSOs.

The difference between GSO and BSO is that GSOs are the baseline template for smart objects while BSO is integrated with branding information, such as SKU data, product offers, social media links, coupons and other calls-to-action

  1. Trivver Data Engine (TDE): An extension of Trivver’s functionalities, TDE harvests user data collected from BSOs to construct algorithms which can predict user behavior and serve ads to users based on their unique histories and preferences. With patented, native technologies integrated into the TDE.

Unique Selling Point

There are several elements that make Trivver stand out:

  • Patent-Protected Technology: Trivver holds a comprehensive library of patents within the XR advertising solutions market. This is a strong moat to deter competitors in a lucrative market.
  • Automated Scaling of Smart Objects: Trivver’s patented technology allows smart objects to be auto-scaled dynamically in correct proportions across any XR environments, thereby preserving its authenticity. This has been a major challenge for advertisers and publishers in the XR industry.

(Read more: Analyzing Cryptocurrency Risk: Existing Coins vs ICO)

Team

Here is Trivver’s team:

Trivver is led by Joel LaMontagne (CEO), a computer scientist that designed the algorithms driving Trivver’s technologies and platform. He is currently the custodian of an extensive array of several design and software patents, and is a notable member of the Association of National Advertisers (ANA) and the Interactive Advertising Bureau (IAB). Alongside Joel is Alan Haft (President), a serial entrepreneur that is has been involved in major acquisitions, most notably the acquisition of Day Software’s US branch by Adobe for $240 million. He is also a public commentator on the field of business and technology. Another notable mention is Trivver’s Chief Data Officer, Kevin Conroy, who was the president of Digital and New Platforms at Metro-Goldwyn-Mayer (MGM). Kevin has garnered impressive accolades that include being recognized as a “Digital All-Star” by Broadcasting & Cable and included as “25 Executives to Watch” by Digital Media Wire.

The bulk of Trivver’s team is made up of business and sales executives, with only the CEO and CTO having technical expertise in software engineering. Unfortunately, there isn’t anyone in the team that has prior blockchain expertise. (See more: Guide to Centralized Cryptocurrencies: What Makes a Coin Centralized?)

Traction

Partnerships

Trivver has secured several partnerships that include:

  • Advantego Corporation: A public-listed company specializing in digital communications and intelligent software solutions
  • Immersive Entertainment: A developer and publisher of Virtual Reality Entertainment Software

Private Beta

Trivver’s platform is currently at private beta stage, accepting a limited number of interested applicants. For those wanting to test out their beta, you can sign up here.

Roadmap

Here is Trivver’s roadmap:

Development of Trivver’s solution began in 2014, with initial investment from angel investors. Since then, Trivver has been developing its technologies and patenting them. Trivver’s native blockchain will be developed in early 2019, with its real-time bidding platform being the top priority at the moment.

Token Economics & Utility

Token Metrics

50% of the total token supply will be allocated towards a reserve fund aimed towards facilitating growth of the Trivver network; developers will be incentivized to contribute to Trivver’s catalog while users can earn native tokens for their time. A point of ambiguity is the sustainability of the reserve fund, which doesn’t seem to indicate any mechanism to enrich the fund.

Trivver’s hard cap is relatively at the lower end, but in this bear market, it is understandable that there will be challenges to hit their hardcap.

(See also: Coins, Tokens & Altcoins: What’s the Difference?)

Token Utility

Trivver’s native coin is an ERC 20 token called TRVR, which is built on the Ethereum blockchain. TRVR is a utility token with the following use cases:

  • Main Currency: TRVR will be the main currency in Trivver’s ecosystem, which is required to interact with the platform’s key components. TRVR will be also used as the settlement medium between for users that will utilize Trivver’s platform
  • Discounts: Token holders will be entitled to discounts across Trivver’s services, which will incentivize TRVR usage

TRVR’s supply is fixed, with no further increase in supply. There will be a burning mechanism where TRVR tokens used for payment will be burnt over time. This will gradually lead to a decrease in token supply. There is no mention of how this mechanism would actually work, and further clarity must be needed. In general, a reduction in token supply is beneficial to the long-term valuation of the coin; a higher network usage will result in greater demand for the coins and token prices would increase, since TRVR’s supply would be reduced through the burning mechanism. On that alone, we’re positively favouring the token economics.

(Read also: Crypto Trading Guide: 4 Common Pitfalls Every Crypto Trader Will Experience)

Strengths

  • Lucrative Market Potential: The Extended Reality industry is a lucrative market with massive potential and is expected to grow in excess of $200 billion by 2022 from its current value of $20+ billion.
  • Patented Technology: Trivver holds an extensive library of patents pertaining to their technology, ranging from their smart object technology to artificial intelligence processes. From a corporate standpoint, patents deepen an entity’s economic moat. This could protect them from competition in the future.
  • Technological Advancement: Trivver’s technology allows smart objects to be auto-scaled dynamically in correct proportions across any XR environments. This would streamline the XR advertising space considerably and allow for high network scalability, since smart objects can be used in any XR environments.
  • Burning Mechanism: TRVR tokens will be burnt with payment usage on the platform, which would enhance the long-term valuation of TRVR since its supply would be diminishing. This assumes that demand is constant or growing, proportionate to Trivver’s network usage.
  • Strong Team: Trivver’s top management is made up of highly capable individuals with entrepreneurial experience and expertise in business management and software engineering. The

Weaknesses

  • Limited Reserve Fund: 50% of Trivver’s total supply would be allocated towards ‘Reserve’, which will stimulate growth by incentivizing developers and consumers to participate in the network. However, there is no mention of any mechanism to enrich the reserve fund; once the reserve runs out the incentives run out. Unless Trivver is planning to create their native blockchain and reveal further blockchain-specific details, this is a point of ambiguity.
  • Lack of Blockchain Expertise: There seems to be a lack of blockhain-oriented individuals in the Tirvver team. Though its CTO (Simon) is well-versed in the gaming industry, his Linkedin profile doesn’t seem to suggest blockchain-related experience. There are also no blockchain expertise on the advisory board.
  • Lack of Technical Details: There is no mention of the technical specification and implementation of Trivver’s blockchain in its white paper. This makes is hard to assess the scope and depth of the project. It is noted in the roadmap that the Blockchain functionality would be created on early 2019. There is also no mention on their go-to market strategy, which is a vital component to attract a viable community.

Summary

The market opportunity of extended realities is huge; more so finding and specializing in a niche in the XR industry. Trivver’s solution towards advertising in the XR space could stand to be a market leader in the niche, especially so when they are well-insulated with their extensive library of patents protecting their technologies. As it stands, the project is still at the private beta mode and there are fundamental aspects that need to be clarified, especially regarding the blockchain aspects.

Verdict: Good Project

 

(Read also: Evolution of Cryptocurrency: Replacing Modern Cash)

Beneficial Resources To Get You Started

If you’re starting your journey into the complex world of cryptocurrencies, here’s a list of useful resources and guides that will get you on your way:

Trading & Exchange

  • Crypto Guide 101: Choosing The Best Cryptocurrency Exchange
  • Guide to Bittrex Exchange: How to Trade on Bittrex
  • Guide to Binance Exchange: How to Open Binance Account and What You Should Know
  • Guide to Etherdelta Exchange: How to Trade on Etherdelta
  • Guide To Cryptocurrency Trading Basics: Introduction to Crypto Technical Analysis
  • Cryptocurrency Trading: Understanding Cryptocurrency Trading Pairs & How it Works
  • Crypto Trading Guide: 4 Common Pitfalls Every Crypto Trader Will Experience

Wallets

  • Guide to Cryptocurrency Wallets: Why Do You Need Wallets?
  • Guide to Cryptocurrency Wallets: Opening a Bitcoin Wallet
  • Guide to Cryptocurrency Wallets: Opening a MyEtherWallet (MEW)

Read also: Guide on Privacy Coins: Comparison of Anonymous Cryptocurrencies and Guide To Cryptocurrency Trading Basics: Do Charts & Technical Analysis Really Work?


This represents the writer’s personal opinions and does not – in any way- constitute a recommendation of an investment or financial advice. Please assume caution when investing in cryptocurrencies and do so at your own risk, as it is extremely volatile and you can lose your money.


Enroll in our Free Cryptocurrency Webinar now to learn everything you need to know about crypto investing.

Get our exclusive e-book which will guide you on the step-by-step process to get started with making money via Cryptocurrency investments!

You can also join our Facebook group at Master The Crypto: Advanced Cryptocurrency Knowledge to ask any questions regarding cryptos!

 

The post ICO Analysis: Trivver ICO Review appeared first on Master The Crypto.

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Amazon Adds Support for Ethereum on Amazon Managed Blockchain

Amazon Web Services (AWS), Amazon’s subsidiary in charge of cloud computing services, has announced that the Ethereum Network has now been integrated to allow users to provision Ethereum nodes and connect to the network in a matter of minutes.

The service only supported Hyperledger in the past but will now also support not only Ethereum’s mainnet but also testnets like Rinkeby and Ropsten.

The announcement says that the service “monitors node health, replaces unhealthy nodes, and automates Ethereum software upgrades, improving the availability of customers’ Ethereum infrastructure”, greatly simplifying the network creation process.

Amazon’s Interest in Blockchain Keeps Growing

Amazon Managed Blockchain is an AWS feature aimed to allow developers to create and manage private networks in different blockchain networks without requiring a high level of technical knowledge due to its intuitive and easy-to-use interface.

The service was launched back in April of 2019, about 5 months after the initial announcement in 2018’s re:Invent event. While the tech giant said that Ethereum would be supported by the platform, it took it almost 2 years to actually integrate the most popular network into its infrastructure.

Etherscan data shows that more than 8.3k nodes are currently running on the Ethereum network, an increase of 10.6% over the number of nodes running last month.

With the price of the network’s cryptocurrency increasing and the deployment of Ethereum 2.0 getting closer, AWS’s endorsement should prove to be beneficial when it comes to gaining adoption.

New Tools for Markets and Data

Ever since its start as an Online Bookstore back in 1994, Amazon has been increasing its dominance over different markets to become the third-largest company in the world when it comes to valuation, following Apple and Microsoft.

The company has been known to be an earlier adopter of new technologies, which has allowed it to keep its competitive edge. Now, the company seems to be preparing to develop and launch its own digital currency project in Mexico, according to job openings published on the company’s website earlier in February.

While the project has not yet been officially announced, the job post for the “Software Development Manager – Digital and Emerging Payments” position states that it is “chartered to innovate on behalf of our customers in emerging markets and for digital businesses worldwide in the payments space”.

The post also says that the initial launch country will be Mexico and will allow customers to convert their cash into digital currency to use on online services or the purchasing of goods.

It is still not clear if the tech giant is planning to create a new digital currency or to integrate existing cryptocurrencies into their platforms. However, Amazon launched a type of digital currency known as “Amazon Coins” which allowed customers to purchase products and online services.

AWS CEO is Set to Replace Jeff Bezos as Amazon CEO

Bezos announced back in early February that he would be leaving the position as Amazon’s CEO to focus on new ventures. Andy Jassy, the current CEO of Amazon Web Services, is set to replace Bezos as the leader of the tech giant once he steps down.

Jassy has been known to consider the potentials blockchain technology could have when it comes to improving Amazon’s operation by using it for more than distributed ledgers. As the CEO of AWS, he oversaw the development efforts and launch of the Amazon Quantum Ledger Database and Amazon Managed Blockchain which as previously mentioned, just integrated the Ethereum Network.

While the incoming CEO has been clear in saying that the company does not jump on the bandwagon when it comes to developing new technology because it is “cool”, his previous statements and recent moves by the company suggest that Amazon is ready to start exploring blockchain technology applications in the near future.

With the Blockchain ecosystem growing at a rapid rate as retail and institutional investors turn their attention to cryptocurrencies, as well as developers integrating the technology into their platforms, the time is great for companies to start experimenting with the use of blockchain to improve their technological and economic models.

The post Amazon Adds Support for Ethereum on Amazon Managed Blockchain appeared first on Blockonomi.

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Chainlink Off-Chain Reporting (OCR) Goes Live: Boosts Efficiency of Network

The popular oracle network Chainlink announced the launch of Chainlink Off-Chain Reporting (OCR) on February 24th, which is a highly anticipated upgrade that has been months in the making.

Chainlink claims that OCR will not only significantly improve the efficiency of the network’s data computing but it will also reduce costs by up to 90% to enable users to save in gas fees and boost adoption.

Gas costs have been the bane of Decentralized Finance (DeFi) platforms since 2020 due to high Ethereum gas prices and the difficulties that migrating to another network would imply.

The upgrade in Chainlink’s mainnet is expected to help alleviate these costs to some extent and improve the status of the DeFi niche. These costs have become prohibitive for many applications, and remove the utility of the platform for low-value applications.

According to the announcement, users will see a 10 times increase in the data that can be handled by smart contracts, which should allow new applications to emerge as new datasets become available.

The OCR update will also further decentralize the oracle network, increase the frequency of on-chain updates, improve the cost-efficiency of onboarding new nodes, reduce congestion on the chain, and reduce oracle latency.

The Future of Chainlink

Before this update, a great part of the computations realized by chainlink was taking place on-chain, which resulted in less scalability, lower efficiency, and higher computational resources being needed.

With this update, chainlink is transitioning toward an off-chain computation model in which the network will be able to function in situations where conditions are not optimal, creating a more scalable ecosystem.

Sergey Nazarov, Chainlink’s founder, said in an interview with media that the development team will be working on verifiable randomness, keeper functions, and fair sequencing, all of them with applications on the DeFi and gambling niches.

Verifiable randomness has been worked on by chainlink for over a year with iterations of it already being available.

Known as chainlink VRF, this feature allows smart contracts to increase their resilience against bad actors by creating unpredictable but verifiable cryptographic proofs that allow the network to remove malign nodes.

New Functions for Better Performance

Keeper functions and pair sequencing improve the stability of the network by improving coordination between nodes and standardizing computational procedures.

As oracle networks are all about handling and serving data requests, improving the datasets that a smart contract can handle and ensuring its availability is essential o preserve the functionality of the network, benefiting all the parties involved.

Chainlink’s token, LINK, has recently seen its price reach an all-time high of $36.95 back on February 20th, more than twice the value that saw the project made headlines in August of 2020 as it became one of the most widely known projects in the crypto sphere.

Chainlink Virtual Hackathon: Accelerating Innovation in the Smart Contract Ecosystem

Chainlink has also recently announced that it has partnered with AAVE, Consensys, Polkador, Synthetic, and other companies to run a virtual hackathon from March 15th to April 11th.

The hackathon will see developers from across the globe collaborate with each other, hear from experts in the industry, and learn about new projects. The event will also have an $80k prize pool to be distributed as bounties in categories like DeFi and Gaming.

Chainlink Co-founder Sergey Nazarov, Avalanche Founder Emin Gün Sirer, and Aave Co-founder Stani Kulechov are some of the biggest personalities that will be participating in the event.

Historically, Hackathons have been a major source of innovation in the tech industry by allowing experts of all areas to join their efforts in developing new applications for different technologies, with the best project usually receiving direct support from the organizing companies.

The post Chainlink Off-Chain Reporting (OCR) Goes Live: Boosts Efficiency of Network appeared first on Blockonomi.

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Pylon.finance: Crypto Token Backed by Ethereum Mining Operation

Pylon.finance is a newly launched project that aims to create profits from Ethereum and the Decentralized Finance (DeFi) ecosystem, while providing an independent mining platform and token that is less influenced by the open market.

Working towards that vision, Pylon.finance was announced in June 2020, introducing an efficient and competitive way of mining and yield farming ETH.

Pylon.finance stands out from other DeFi networks by building a token backed with “tangible real-world income-generating assets”, and using its GPU mining asset to generate value. Pylon.finance has one of the largest GPU mining operations in the USA.

The $PYLON token is also unique. It is only semi-correlated to the price of Ethereum, which makes it more stable regardless of unexpected market fluctuations. While the price of ETH may fall, the profits from the mining operation won’t fall at the same rate.

Even in a bear trend, $PYLON’s price can be maintained compared with other cryptocurrencies.

What is Pylon.finance All About?

The founder of Pylon.finance is pseudonymously known as Grim Reaper, and together with a team with 6+ years of experience running the US’s largest GPU mining, the team has brought $PYLON to the market.

The team is dedicated to the project, as none of its members receive a distribution in the released tokens or any other compensation.

As the founders are equal to normal users, the team members will likely adhere to the ultimate goals of the project – as they would receive nothing if they left.

One more remarkable strategy that Pylon.finance uses is a 100% crowdsourced implementation without any traditional advertising.

According to statistics, despite no presale, and no ICO, the project was able to gather $1.15 million USD completely by word of mouth. Besides Pylon.finance, the team also started seven other farms to create a wider community in the crypto mining sphere.

The $PYLON Token is Built to Earn

$PYLON is the utility token issued by Pylon.finance, and it also allows its holder to earn along with the mining platform.

The $PYLON token takes a portion of GPU mining profit and adds it to weekly buybacks for buying $PYLON that ends up in the hands of token holders. This mechanism empowers token holders and helps to keep market movements in check.

The token was launched in the 3rd quarter of 2020. $PYLON is fixed at a total amount of 8,400 and was distributed entirely by word-of-mouth marketing.

As there was no presale, no initial coin offering, and no predetermined allocation for the developing team, everyone had the same shot at buying the token.

PYLON GPU VAULT

Pylon GPU Mining

GPU mining is a very popular method for crypto mining, especially for Ethereum, one of the largest cryptos in the world.

Unlike other networks in which mining profits are substantially affected by the ETH price and market movements, Pylon.finance nourishes its GPU mining and yield farming from its own income generated by the real-world tangible mining farm.

Pylon.finance’s GPU mining works with staked $PYLON tokens or the $PYLON/ETH liquidity pool tokens in its vault, which receive rewards in ETH from fuel fees when mining Ethereum.

The new ETH earnings are used to purchase $PYLON from the open market and distribute them to stakers. This repeating cycle, so-called Buybacks, will keep the entire network growing constantly and enlarging the total value for token staking.

How to Join and Earn With Pylon.finance

Newcomers can take part in Pylon.finance either as a miner or a liquidity pool (LP). After staking $PYLON or PYLON/ETH Uniswap tokens into the network vault, it goes to GPU mining farms where ETH transactions are mined and holders can earn rewards from gas fees.

As one of the largest ETH mining operations in the USA, PYLON runs at a speed of about 1 billion KH/s, and is able to generate over 2,600 ETH per day (according to records on the ETH mining pool hub).

Then, the buybacks will utilize the ETH rewards to purchase an additional $PYLON to add to the circulating supply and raise the value of tokens held by users.

Initially, there was a crowdsourced seed of $1 million USD placed in the PYLON GPU vault, with the Annual Percentage Yield (APY) at 33%, equivalent to $324,000 USD in buybacks.

Over time, the mining size will be scaled-up further with more value-added for every holder.

Pylon.finance covers other fees for extra costs, including insurance, Internet, equipment maintenance, warranty claims and swaps, emergency, hardware management.

Pylon’s Values

With new features built into its platform, Pylon.finance is confident that it can create benefits for both the business sector and individual participants.

Pylon.finance not only provides a focal point for crypto projects to connect with GPU mining with real-world asset backing but also gives crypto investors freedom to do mining and trading in new ways.

Many existing DeFi networks are demanding that existing users attract new members to sign up and contribute to the mining operation. Pylon.finance doesn’t use this approach at all.

With its unique Buybacks mechanism, new money will continue pouring into the Pylon ecosystem along with the mining process, ensuring the value preservation of $PYLON token.

This design makes Pylon.finance a fascinating option for crypto holders as well as traditional investors who prefer safer ways when investing their capital.

Currently, Pylon’s users can earn an APY of up to 250% and no less than 33% in a downtrend. The Total Value Locked (TVL) will keep rising as more tokens are bought via Buybacks.

Pylon.finance Makes System Security a Top Priority

As it is backed by real-world tangible assets, it is impossible to copy or replicate $PYLON tokens, which means it is non-forkable.

There is no way a single user could manipulate a majority of tokens on Pylon.finance. In addition, in order to prevent code tampering, a protocol was deployed to burn the admin keys $PYLON token was launched.

The team at Pylon.finance put a lot of thought into how to build a solid system, and from the looks of it, they have created a very attractive way to invest in the future of ETH.

A Shining Future

Pylon.finance is seizing good opportunities to overcome other DeFi platforms, and offer the market a unique value proposition.

Thanks to the real-world assets backing for its token instead of arbitrage or collateralization, as well as the magic of Buybacks, the network has unlimited buying pressure which opens up scalability and long-term viability.

Despite a low initial coin supply potential of Pylon is high, and the $PYLON token may gain a substantial amount of value. It also creates real returns, which many tokens can’t match.

The platform has so far saved 1.15 million USD into its GPU vault, and whenever a new member participates and stakes $PYLON tokens, he/she can start to benefit from dividend payments and Buybacks in no time.

According to Pylon’s founder’s prediction, ETH will undergo a pump to exceed USD 2,000, followed by a correction period, mostly depending on the market forces.

This prediction appears to be coming true, as ETH is trading above $2,000 USD at the time of writing.

In the 1st quarter of 2021, Pylon.finance will continue to widen its real-world mining operations based on the existing resources, while putting effort into generating more income for long-term growth.

To keep up-to-date with the latest developments, you can visit its website or join Pylon communities on Telegram, Twitter, or Discord.

The post Pylon.finance: Crypto Token Backed by Ethereum Mining Operation appeared first on Blockonomi.

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Unstoppable Domains & Cloudflare: Allows Any Browser to Access Ethereum-Based Domains

Unstoppable Domains, a San Francisco-based startup focused on creating domains in blockchain, has announced that Cloudflare has enabled native resolution of .crypto domains.

The platform allows people to use public blockchains to host websites, which are likely harder to take offline, as blockchain isn’t able to be easily censored.

The integration will allow more than 500.000 domains using the .crypto blockchain domain to get mainstream adaptation by facilitating access for millions of internet users around the globe by using any web browser without the need for specialized software.

While blockchain domains have continued to gain popularity over the years, they have failed to gain mainstream appeal beyond cryptocurrency enthusiasts and decentralized internet advocates due to their technical nature and setup process traditionally required to access them

Now, internet users will be able to access .crypto domains just by changing a simple setting in their everyday web browsers, giving them access to the decentralized web and benefit from a truly neutral internet.

Back on February 9th, cryptocurrency exchange OKEx became one of the first exchanges to integrate support for blockchain-based addresses using Unstoppable domains for outgoing transactions, following Huobi and Coinbase’s example.

Harvesting the Power of Cloudflare Technology

Cloudflare’s Distributed Web Resolver was announced by the company back on January 13th of 2021 as a result of its research team’s efforts on finding alternatives to resolve queries that satisfied the necessities of decentralized protocols like InterPlanetary File System (IPFS) and Ethereum.

The Domain Name System (DNS) allows users to surf the web by using easily memorable URLs like “blockonomi.com” instead of http://199.188.207.53/, making the internet easier to access for users.

Distributed systems like Ethereum and IPFS are not compatible with DNS due to their intrinsic properties, forcing companies to implement different solutions such as specialized web browsers or plugins to connect.

Cloudflare is one of the leading companies providing web infrastructure and security services, allowing web services to increase their performance and security against DDoS attacks.

Now, with the integration of decentralized protocols, Cloudflare will play an essential role in the development and adoption of the decentralized web (web3).

The Decentralized Web Movement is Gaining Momentum

While blockchain technology has seen most of its success in areas like cryptocurrencies and financial platforms, other applications like Non-Fungible Tokens (NFT) and web3 have continued to gain support over the last few months.

Unstoppable Domains originally offered a way to facilitated crypto transactions by making it similar to sending mail, but it soon started expanding its horizons and applications to become one of the biggest players in Web3.

Web3 advocates see this transition to a decentralized web as an essential step in the return to the original web, where according to its creator Tim Berners-Lee “no permission is needed from a central authority to post anything, there is no central controlling node and no single point of failure.”

With concerns over censorship, monopolization, and privacy concerns on the grow each day, users who had never paid special attention to how they use web services have started to pay attention.

Matthew Gould, CEO of Unstoppable Domains, referred to these concerns by stating:

“In a time when data breaches have become commonplace, while privacy and ownership over an individual’s own digital assets are paramount, centralized control has been called into question by many forward-thinking people and companies. This new system is different. It puts the control back where it should be, back in the hands of the user.”

This has been reflected in the increasing popularity of messaging apps like Telegram and Signal among privacy concerns related to Whatsapp and Facebook messenger, increasing use of Parler by Twitter users who were banned from the platform, and the ever-growing interest in Decentralized Apps (dAPPs).

The post Unstoppable Domains & Cloudflare: Allows Any Browser to Access Ethereum-Based Domains appeared first on Blockonomi.

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