BlockMason Announces First SEC-Compliant Public American ICO

BlockMason Announces First SEC-Compliant Public American ICO

Bitcoin Press Release: BlockMason has become the first blockchain project to announce a SEC-compliant crowdsale open to US investors.

August 22, 2017, Hong Kong – A leading developer of blockchain-based distributed applications, BlockMason, has announced what is believed to be the first SEC-compliant, public American ICO for their product, the Credit Protocol. The Credit Protocol is a new platform for the creation, tracking, and settling of debts on the blockchain in all their forms—from consumer loans to gift cards to university meal vouchers.

BlockMason has already distinguished itself by releasing multiple working products and applications prior to the commencement of their token sale. This commitment to building functional applications pre-ICO is rare in the Ethereum community, and puts BlockMason on firm legal ground for making their ICO open to purchasers in the United States. In the wake of the SEC’s report on the DAO token sale, many other blockchain companies have feared taking a similar step, banning U.S. customers from participating in their ICOs.

In BlockMason’s recently published legal opinion, former Department of Justice attorney Stephen Galebach, and in consultation with a former member of the SEC, explains BlockMason’s legal standing. According to Galebach, developers without market-ready products and services may sell only their

“concepts and future hopes,” meaning their tokens are likely subject to securities law. However, companies like BlockMason with developed products, “are able to motivate purchasers by a desire to use or consume the products and services that are offered for purchase, licensing or token-based usage.”

Galebach elaborates that it is of vital legal importance that CP Tokens (CPT) are necessary for customers to utilize the full potential of the Credit Protocol—making CPT product-use tokens and not investment tokens. These two factors indicate BlockMason’s ICO likely passes what is known as the Howey test for investment contracts.

CPT holders may use their tokens to power applications of their own development, or in applications developed by other companies. BlockMason itself has recently released their first application built atop the Credit Protocol, Friend in Debt. While the Credit Protocol is a versatile platform for developers to build any variety of credit recording application, Friend in Debt is a simple and powerful program for tracking social debts among friends. Unlike Venmo, a centralized competitor, Friend in Debt is not restricted by borders, currency, or banking, and adds the ability to keep balances outstanding in addition to spot settlement. Its beta version is already deployed for public vetting on the testnet for anyone with a Metamask supported browser.

Since the SEC’s report on the DAO, many other companies have claimed their ICOs are SEC compliant, yet only BlockMason has made its ICO open to the public, and not just accredited investors (as was the case with Filecoin). The reasons for this reticence may be money, but BlockMason cofounder Jared Bowie has his own theory:

“Any company that opens an ICO, but does not offer their token for sale in the U.S. confirms their fear that their token is at risk of SEC regulation.”

About the Token Sale

BlockMason is in the process of launching their pre-ICO token sale, which will feature significant bonuses for early adopters. To learn more, or sign up for a guaranteed purchase slot during the pre-ICO period, visit https://blockmason.io/projects/ico/.

About BlockMason

BlockMason is a world-class developer of blockchain-based technology, whose products include the Foundation Protocol, the Credit Protocol, and Friend in Debt. Their mission is to enrich the dapp ecosystem with secure and functional apps that are both immediately usable and possess the capacity to fundamentally transform our daily lives.

Learn more about BlockMason at – https://blockmason.io
Sign up for the pre-ICO at – https://blockmason.io/projects/ico/
Read the Credit Protocol Whitepaper at – http://blockmason.io/cp-whitepaper/
Test Friend in Debt at – https://blockmason.io/projects/friendindebt/

Media Contact

Contact Name: Michael Chin
Contact Email: [email protected]
Location: Hong Kong

BlockMason is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest.

 

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The Revolutionary Platform MAGOS Combines Blockchain with Artificial Intelligence

The Revolutionary Platform MAGOS Combines Blockchain with Artificial Intelligence

Bitcoin Press Release: MAGOS offers an ultimate forecasting tool with artificial intelligence based oracle powered by a collaborative system of neural networks.

August 22, 2017, Zurich, Switzerland – MAGOS, a blockchain powered complex forecasting platform has announced the launch of its crowdsale. The platform is offering its native MAG Tokens to investors during the ICO that went live on August 16, 2017. By participating in the ICO, investors get a chance to gain a share of the profits generated by MAGOS fund in the near future.

The MAGOS platform combines the highly accurate forecasting ability of Neural Networks with blockchain technology. The five Neural Networks that are part of the platform have their own purposes, and their combined powers make it possible to predict the event outcomes with high accuracy. The platform uses a modular architecture capable of supporting time to time updates and development of new features.

The five Neural Networks implemented in MAGOS includes Strategus – a risk management network; Obelus – allows avoidance of high uncertainty level events; Ariolus – combines output from all other networks to make accurate prediction based multiple data layers; Galaxia – Data mining and classification network with noise reduction, to feed information to higher level networks; and Melius – auto tunes hyper-parameters basing adjustments on overall model performance and changes of external environment.

The Data Scientist and CTO of MAGOS, Andreas Theiss explained the platform stating,

“MAGOS is based on a system of neural networks. Each network performs a specific task, but they work together in collaboration. The backbone of MAGOS is its modular architecture. It allows us to develop and implement individual forecasting modules, targeting different kinds of forecasting domains, from business and finance to sports and politics.”

The platform makes use of the forecasting system to promote MAGOS fund, implemented on Ethereum platform and managed by artificial intelligence under the team’s supervision. The MAGOS fund will be initially operating on prediction markets and sportsbooks. Eventually, it will evolve and expand into other fields like Digital Asset Management, where the forecasts of MAGOS will be applicable and valuable.

The CEO of MAGOS, Ante Magnusson mentions the importance of the platform saying,

“If you would look at the current state of forecasting through a prism of AI and its latest developments – the forecasting methodology would appear extremely dated. And for a good reason – It is still largely dependent on simplistic predictive models, outdated forecasting algorithms, and human expertise. Our team of talented data scientists aims to significantly change the landscape of forecasting with MAGOS, and our goal is to allow anyone to share the success of AI in the forecasting domain. The project is far from being just an idea, we have a functioning model that has been operating since 2015, and was extensively tested multiple times. We encourage everyone to look into the results of MAGOS performance, see what the model is capable of, and join us in the crowdsale.“

MAGOS has already tested the platform over a period of four months using a third-party site with open tracking of stats. As a part of the trial, the platform chose to forecast e-sports which happens to be the largest growing betting markets. The results have been promising, showing that the platform has a significant edge over the competition, gaining net positive returns after each month of testing, with the overall ROI of 28%.

MAGOS Crowdsale

The MAGOS platform has set the number of MAG tokens at 50,123,377, of which 77% will be made available to the investors during the crowdsale. The platform will not create any more tokens after the ICO completion date. The tokens, generated over Ethereum blockchain can be used in both active and passive way, and the participating token holders stand to receive dividends from the fund operations. They will also be assigned voting rights, allowing them to be part of the decision-making process when it comes to changing the platform’s parameters, including profit distribution.

Investors can purchase MAG tokens against ETH or BTC payments. MAGOS has set a minimum investment goal of 6000 ETH, which if not achieved by the end of crowdsale will result in the refund of all investments received during the ICO campaign. And, the maximum investment goal for a successful ICO is fixed at 22640 ETH. The platform has a set of clear instructions in place regarding the participation in the ongoing ICO on its website. Investors in the ICO will receive their MAG tokens within three days after the completion of the crowdsale, and as the platform signs up exchange platforms, investors will be able to start trading the tokens against other cryptocurrencies.

Of all the tokens created, 12% of the total MAG tokens will be allocated to the team members and advisors. These tokens have a vesting period of 18 months, with a six-month cliff which allows 33% of the tokens to mature every six months. Similarly, the foundation and reserve will have a 12-month vesting period with a 4-month cliff. The platform also has a 4-month vesting and 1-month cliff for partners and early backers.

Those interested in being part of the ICO campaign can find more information about the MAGOS crowdsale on the platform’s official website.

Learn more about MAGOS at – https://magos.io/
Access MAGOS whitepaper at – https://magos.io/bluepaper.pdf
Follow MAGOS on Twitter at – https://twitter.com/MagosNetwork
Find MAGOS on Facebook – https://www.facebook.com/MAGOS.io/
Join the Telegram channel at – https://t.me/MAGOS_network
MAGOS on BitcoinTalk – https://bitcointalk.org/index.php?topic=2087842

Media Contact

Contact Name: Ante Magnusson
Contact Email: [email protected]
Location: Zurich, Switzerland

MAGOS is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest.

 

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Proemtheus is Building the First Decentralized Email System to Offer Total User Privacy, Announces Presale

Proemtheus is Building the First Decentralized Email System to Offer Total User Privacy, Announces Presale

Bitcoin Press Release: Blockchain company Proemtheus is developing the first fully decentralized email system to offer users complete privacy.

August 22, 2017, Zug, Switzerland – Blockchain start-up Proemtheus is creating the first fully decentralized email system to offer users total control and privacy. The email account will be detached from any network, distributed to the user and all communications will be person to person, using the company’s innovative features. The platform has services catering to individual users as well as developers and service providers, thereby taking all players in the ecosystem into account. As Proemtheus works on creating a secure, private communications platform, it has announced the launch of the crowdsale involving its native PMTP tokens, starting August 25, 2017.

The Proemtheus Project’s new email system is aptly codenamed “New Email”, allowing users to achieve online independence. In addition, the project is also involved in building innovative services for personal cloud, security and a platform for developers and service providers who can earn digital tokens for their services.

Until now the users had to trust their email account and communicate mostly using free service providers, which operate using centralized infrastructure and resort to user mining. The number of email users worldwide is estimated at 2.7 billion in 2017, with consumers having an average of 1.8 accounts per user. The vast majority of consumer accounts are registered with free email providers that, since offering the accounts for free, monetize the users by utilizing their data. For companies, a user’s data is worth more than a subscription, and is valid also for email attached services that cleans inbox or perform automated unsubscribing.

The founder of Proemtheus Project, Andrei Dora describes the service offered by the platform saying,

“The big question is: would the user trade his online intimacy for the cost of a subscription? This is what free email is proposing. Proemtheus will be the email of choice since it brings user independence: restore user control and direct user-to-user exchange. But evenly important will be the platform for developers and service providers, since these members of the community will further develop services. Thinking of the crypto currency community I am astonished that until now they mixed the spirit of Bitcoin with the unreformed email of today.”

Proemtheus’s new decentralized email project restores control to the user by removing them from the centralized network. The peer-to-peer nature of communication ensures that the users’ account is always under their sole control. Once the platform is fully operational, the service will offer features such as a fully threaded mailbox, fast answer, group decision, click-to-go automation, templates and many more that are yet to be announced.

With regard to security, the service will be immune to ransomware, offer encrypted and fragmented data storage, and will allow the user to indicate the apps that can access his data. The personal cloud service will be the user’s personal HDD, coming online whenever required, even when the computer is turned off. Users can also provide email, storage, and VPN services for others – thus being service providers. The platform will be open to all developers, and they will be able to provide pay-per-use software access.

The service providers and user-shared storage services, powered by PMTP tokens play a major role in the overall growth of the community. The token public pre-sale opens on August 26, 2017, at 07:00 UTC. Funds raised will be used to support the development and the launch of the project.

ICO Presale Bonus

Proemtheus enables investors to acquire PMTP tokens outside the official ICO and will grant a bonus for such purchases. Investors buying at least 100 PMTP will receive a unique referral link and 18% bonus for all contributions the company can match the link with. After contributing, users pass the unique link to their friends and receive the PMTP bonus if they contribute with the referee’s link.

The amount of PMTP tokens purchased during the Presale will affect the investor’s priority level for the main ICO. Investors buying at least 5,000 PMTP will be given Priority Level 2 during the ICO. PL2 investors retain the 10% bonus (10-20% interval) for the next 20-30% interval of sold tokens. Investors purchasing upwards of 10,000 PMTP will have Priority Level 1 during the ICO, and they will retain the 15% bonus (0-10% interval) for the next 10-20% interval of sold tokens.

For more detailed information on the ICO bonus structure, Investors can refer to the Proemtheus whitepaper.

Learn more about Proemtheus at – https://proemthe.us
Find Proemtheus Whitepaper – https://proemthe.us/whitepaper.html
Join Proemtheus token presale at – https://proemthe.us/join.html

Media Contact

Media Contact: Andrei Dora
Email: [email protected]
Location: Zug, Switzerland

Proemtheus the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest.

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BANER Project Launches Business Social Network for the Digital Generation, Announces ICO Campaign

BANER Project Launches Business Social Network for the Digital Generation, Announces ICO Campaign

Bitcoin Press Release: Russian blockchain startup launches a social network for a digital community and announced ICO campaign.

August 22, 2017, Moscow, Russia – The new-age trading and social media platform based out of Moscow, Russia, BANER.SU has announced the launch of its three-stage ICO campaign. The crowdsale of the platform offering services for private and legal companies across the globe will start on September 6, 2017. The final stage of the ICO will end on June 25, 2018.

The Baner Project combines the functions of a social network, professional community, trading platform and blockchain technology. The platform enables anyone to start their own business, sell goods and services or recruit employees without any investment. It neither depends on cash investment nor the location of the user. With the ICO, the project intends to attract the required investments to develop the platform and an entire ecosystem around it further.

Market expert and Project founder Dmitry Khodzhayan outlines how the platform can help business strategies and their advertising by stating,

“Small businesses are constantly required to post advertising and look for new employees. I personally spent a whole lot of money, time and effort when placing similar ads on different websites. Back then I thought about creating a convenient and free service where any person would be able to make a personal office in just 10-15 minutes to quickly manage his entire business information: to advertise goods and services, post summaries or vacancies and upload a portfolio of his work, keep a string of news, deals and achievements.”

Unlike other new ICO projects, Baner has the advantage of being established for some time now and can offer its users profit immediately. The platform’s native BNR tokens will replace a cash-based system and will be used for all the exchange products, services advertising, and other paid services.

The BNR tokens act as the medium of value transaction on Baner.su platform. At the same time, the holders of BNR tokens stand to gain a considerable discount on the platform as it serves as a means of calculation between users of the network via secure channels, including remote transactions on BANER STREAM. All these will ensure a growth in demand for tokens on exchanges where they are listed, in turn exerting a positive influence on its price.

Dmitry went on to say,

“The other users would consider his page as a mini-site, where they can see all his ads, news feed, job opportunities, portfolio and the rest. All the registered users would be able to leave their comments and become subscribers. This service will be very effective in terms of attracting a large number of users as it is of interest to almost everyone. Any person wants to sell or buy something, provide or receive services, find a job or hire employees. A good conversion contributes to the growth of traffic, and this is a guarantee of the project success and an increase in the cost of tokens.”

Services

Baner.su has evolved in the last 12 months and currently offers the following services.

  • Buy or sell from anywhere in the world with internet connection.
  • Adaptive design and excellent interface.
  • The platform unites businessmen, their contractors, and customers on the basis of a social network, where one can talk about business; attract business partners; find buyers, customers, contractors, and suppliers; post a free job announcement; create an online community.
  • Very affordable and the most targeted advertising.
  • Analytics obtained from Big Data analysis of user data.
  • Artificial Intelligence- Data Mining.
  • Complete safety as the platform operates on the basis of the blockchain technology.

Advertising

Baner’s innovative solution is easily accessible from desktop and mobiles devices to access the social network in which users can talk about their business; attract business partners; find buyers, customers, contractors, and suppliers; post a free job announcement, and create an online community.

Businesses can register themselves on the Baner.su’s catalog and start posting advertisements. The platform offers the service free of charge while making it as convenient as possible. These advertisements cover goods, services, and offers. The ads posted will be made available to the potential customers within minutes.

The use of new-age technologies like blockchain technology, big data analytics, artificial intelligence, and data mining capabilities makes Baner an attractive platform for businesses of all sizes. At the same time, it also increases the performance of the platform.

Data Mining

Data Mining allows for the using of artificial intelligence to collect generalized data about users while considering their preferences, desires, problems, behavioral factors and more. It also makes projections about the demand for goods and services of mass consumption. This data is then sold to large companies to identify trends, make sale forecasts and plan volume production for new products.

ICO Campaign

The BANER (BNR) token sale will run on the “BANER” private blockchain, grants the right to receive a share from the company’s profits. The platform distributes 20% of all the company’s profits proportionally among all the token holders.

The Baner platform has set the maximum cap for BNR at 20 million tokens. It intends to destroy all the unsold tokens following the completion of the token sale in order to ensure its value is conserved. During the ICO, investors can purchase BNR tokens at a unit price of $10 and sell them on the market once the crowdsale ends. By doing so, the participants in the ICO can make an instant profit from the growth of quotations. Otherwise, they can also choose to save tokens and receive a share in the company’s profits.

The Baner Pre-ICO will run from September 06 to September 30, on which 30% of all the available BNR tokens will be available for purchase at a very good discount in the early days.

Learn more about the BANER Project at – https://baner.su/
Find out about BANER ICO at – https://ico.baner.su/
Follow BANER on Twitter at – https://twitter.com/BanerCommENG
Find BANER on Facebook here – https://www.facebook.com/Baner-Community-ENG-1937595433120682/
Telegram channel – https://t.me/BanerCommunityENG
Bitcointalk page – https://bitcointalk.org/index.php?topic=2071795
BANER Slack Channel https://join.slack.com/t/banercommunity/shared_invite/MjE2ODQzODA4ODA0LTE1MDA5MDQyMTctMTBkYTg4ZmIyZA
BANER on Reddit – https://www.reddit.com/user/baner_platform/
Read the Blog at – https:[email protected]

Media Contact

Contact Name: Pavel Burtsev
Contact Email: [email protected]
Location: Moscow, Russia

Baner.su is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest.

 

About Bitcoin PR Buzz:

Bitcoin PR Buzz has been proudly serving the PR and marketing needs of Bitcoin and digital currency tech start-ups for over 5 years. Get your own professional Bitcoin Press Release. Click here for more information about Bitcoin PR.

Bitconnect Coin (BCC) Hits New All-Time High at $122 as Bitcoin Price Surges

Bitconnect Coin (BCC) Hits New All-Time High at $122 as Bitcoin Price Surges

Bitcoin Press Release: Bitconnect Coin (BCC) is at its best performance as the price hits an all-time high of $122 following Bitcoin price gains.

August 21, 2017, Ashford, England – Bitconnect Coin (BCC), the best performing cryptocurrency in the history of altcoins has reached a new milestone as its price touched an all-time high of $122. The cryptocurrency, influenced by the strong rally of Bitcoin throughout the week has gained upward momentum, surpassing the previous threshold of $100.

As reported by various cryptocurrency market data providers, including CoinMarketCap, the trading volume of BCC last week peaked at nearly $10 million, reaching a market cap of $769 million and a price of $122.

Over the past two weeks, the price of bitcoin continued to reach new highs primarily due to the imminence of the activation of Bitcoin Core development team’s scaling solution — Segregated Witness (SegWit). Bitcoin price was further influenced by the increasing adoption from institutional investors and rising tension between the US and North Korea, as investors sought for safe haven assets to protect their wealth from economic uncertainty.

Naturally, as the value of bitcoin increased, BCC followed its upward trend. A rising number of bitcoin traders and users started to demonstrate growing demand towards BCC.

In the upcoming weeks, as adoption from institutional investors continues and large-scale financial institutions including the Chicago Board Options Exchange (CBOE) pursue their plans of integrating bitcoin, the value of BTC and BCC will likely rise at a consistent rate.
CBOE, the largest US options exchange with an annual trading volume of 1.27 billion contracts, is set to integrate bitcoin within 2017. CBOE CEO Ed Tilley wrote:

“We very much look forward to responding to the growing interest in cryptocurrencies through the creation of bitcoin futures traded on a regulated derivatives exchange, with the many expected benefits that this brings, including transparency, price discovery, deep liquidity and centralized clearing.”

As liquidity for bitcoin trading and opportunities for major investors rise within the Bitcoin sector, leading cryptocurrencies like BCC that offer services related to the main Bitcoin blockchain will likely see mid-term success.

Already, BCC has evolved into the 11th largest cryptocurrency in the market, surpassing Monero, EOS, Zcash and Waves in market cap. For years, Monero had remained within the top 10 largest cryptocurrencies list, and this week, as BCC recorded a historic rise in value, Bitconnect overtook some of the largest cryptocurrencies in existence.

In addition to the rapidly growing value of BCC, it is important to acknowledge the depth of the BCC market. Bitconnect has a substantially high daily trading volume of $9.2 million, which is significantly higher than that of Waves, Lisk, Augur and Golem, prominent cryptocurrencies that have been around for a long period of time.

About BitConnect Coin

BitConnect Coin is an open source, peer-to-peer, community driven decentralized cryptocurrency that allows people to store and invest their wealth in a non-government controlled currency and even earn a substantial interest on the investment.

Learn more about BitConnect Coin at – https://bitconnectcoin.co/
Access BitConnect Coin Guide at – https://bitconnectcoin.co/guide/10/How-To-Set-Up-BitConnect-Coin-Wallet-on-Windows-Operating-System
Buy BitConnect Coin here – https://bitconnect.co/user/trade?Market=BCC
Trade BitConnect Coin on Nova Exchange – https://novaexchange.com/

Media Contact

Contact Name: Vindee
Contact Email: [email protected]
Contact Phone: +16415696739
Location: Ashford, England

BitConnect is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest

HappiStar Launches “Be HappiStar’s Most Shining Star!” Bonus

HappiStar Launches “Be HappiStar’s Most Shining Star!” Bonus

HappiStar introduces “Be HappiStar’s most Shining Star!” bonus as the latest regular offer to watch out for for the entire month of August.

The no. 1 mobile casino in Asia expands its promotions list with the addition of the new bonus deal that rewards four lucky players with luxurious prizes at the end of the month. “Be HappiStar’s most Shining Star!” bonus is open to members of the casino who deposit and play during the campaign.

HappiStar’s newest regular bonus makes its maiden run from August 1 to 31, but registered players can still catch this promo in the next months. Moreover, members who wish to maximize their chances of winning the special prizes for August should make deposits now and play more to earn any of these four titles:

  • Biggest Winner
  • Biggest Loser
  • Top Depositor
  • Most Earned in a Single Game

There will only be one winner per title by the end of the campaign and all four will receive their fair share of the extravagant prizes worth a total of $15,000. To make this offer more exciting, HappiStar will give away different sets of prizes every month.

The lucky winners will be chosen from the HappiStar database by the end of the month. This means that everyone who deposits and plays within the said campaign period will have the chance to take any of the four titles at stake.

HappiStar will announce the four lucky winners of “Be HappiStar’s most Shining Star!” bonus within the first week of September. Future winners of this promotion will also be announced within the first week of the following month.

About HappiStar

HappiStar is the leading mobile casino in Asia. It offers a bevy of online casino games from top game content providers like Microgaming, Habanero, Elk Studios, NYX Gaming, and Pragmatic Play, among others. It is powered by Black Box Technologies Ltd. and is licensed and regulated in the Philippines by North Cagayan Gaming and Amusement Cor. For more information, please visit https://www.happistar.com/.

_________________

HappiStar is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest.

UTRUST Brings Consumer Protections to Cryptocurrencies, Announces Pre ICO

UTRUST Brings Consumer Protections to Cryptocurrencies, Announces Pre ICO

Bitcoin Press Release: To enable mainstream consumer adoption of cryptocurrencies, payments startup UTRUST will implement the world’s first cryptocurrency consumer protections into its platform: announces pre ICO on August 28, 2017.

August 21, 2017 Zug, Switzerland – Fintech solutions company UTRUST is excited to announce plans to transform the cryptocurrency payments landscape. With an experienced team spanning corporate management, B2C startups, payments, blockchain development, law, finance, and more, UTRUST is confident it will deliver the payments platform of the future. More information about UTRUST’s vision and roadmap is available on the website and in the official whitepaper.

Cryptocurrencies have come a long way since the launch of Bitcoin in 2009. With fast transactions, low fees, and their trustless decentralized nature with no need for cumbersome legacy intermediaries, they have proven to be highly disruptive.

While the implementation of crypto-tokens and blockchain systems is exploding across industries worldwide, their adoption as an instrument of value transfer for day-to-day consumer transactions is still low. This is mainly due to the lack of payment protections and ease of use that consumers have come to expect and currently only enjoy with legacy payment solutions.

By offering built-in consumer protection features in the form of an escrow-like trusted mediator, crypto-to-fiat settlement to counter currency volatility for merchants, and multi-cryptocurrency support, UTRUST’s vision is to be the PayPal for the cryptocurrency sector.

UTRUST’s ultimate goal is to usher in the adoption of cryptocurrencies by the mainstream. This will be achieved by providing all the benefits of fast, secure, convenient, and inexpensive cryptocurrency transactions, in tandem with the world’s first cryptocurrency payment protections, which consumers need to fully embrace blockchain technology en masse.

Some more key advantages offered by the UTRUST platform will include; lower buyer purchase risk, payment approval speed, low exchange fees, low seller fees, support for multiple cryptocurrencies, safety of funds, no chargebacks, customer payment protection, efficient resolution of disputes, performance-based ratings for sellers, and a decentralized UTRUST token with its value linked to the platform’s projected growth.

As the company works on building out the payments platform of the future, it has announced the launch of a crowdsale. UTRUST’s Pre-ICO is scheduled to begin on August 28, 2017, at 1600 hours (GMT).

UTRUST Token and Crowdsale

UTRUST will raise the funds required to develop and launch its unprecedented crypto payments platform through the upcoming ICO. The Pre-ICO begins on August 28, 2017, with the public ICO starting on September 4, 2017. Funds collected will be utilized to establish key partnerships, and build out UTRUST’s PayPal-like platform for cryptocurrencies as outlined in the whitepaper.

During the crowdsale, participants will be able to purchase the native ERC20 compatible UTRUST tokens created on the Ethereum protocol. The UTRUST team have chosen Ethereum so they can leverage upon its existing infrastructure; development tools, wallets, exchanges and human resource expertise.

UTRUST’s token can be used for making zero fee payments to the thousands of merchants accepting any cryptocurrency via UTRUST, and be traded against other currencies on supported exchange platforms.

UTRUST token holders are rewarded for their encouragement and faith in the platform. The company has a mechanism in place allowing it to invest a portion of the transaction fees to buyback and burn UTRUST tokens, removing them from circulation.

This means that like Bitcoin, UTRUST tokens are deflationary by design: token supply will go down over time, and alongside the growing adoption of UTRUST, drive demand upwards, strengthening the token’s market value.

The Team

UTRUST is backed by a highly experienced team from various sectors including corporate management, startups, payments, cryptocurrency development, law, finance, and computer science. Some of the prominent members of the team include:

Nuno Correia, CEO
Nuno Correia is an early cryptocurrency investor who has been involved in the cryptomarkets since the beginning of 2011. Having founded multiple B2C businesses in the past, Correia has a background in Law and Marketing, and his passion lies in transforming the future of digital payments.

Filipe Castro, CIO
Filipe Castro holds a business degree from MSENG and is passionate about disruptive technologies. He has experience developing electronic payment systems and other software solutions during the early days of his career. Castro is engaged in business development and strategic development of new ventures.

Arthur Goulao, CTO
Arthur Goulao comes with previous experience in the payments industry. He has previously donned the role of a CTO in one of leading digital payment platform and is currently serving as the Head of Development at a Swiss-based Cybersecurity company. With a background in computer science from IST and MIT, Goulao is well-acquainted with both classical and blockchain smart contract based approach.

Roberto Machado, CPO
Founder and Product Manager at several startups prior to UTRUST, he has been leading different teams to build highly-reliable software products, with a focus on the end user experience. Previously, he has worked together with major international companies such as AT&T, Betfair, Airtel and Uphold, being responsible for the vision outline, goals and product strategy of solutions used by millions of users.

Other significant team members include Luis Ferreira as Head of Engineering; Laura Esteves as Head of Operations; Joao Ferreira as Head of Design; Nick Olender as Head of Sales and Partnerships; and Francisco Baila as Product Designer. UTRUST has a team of software engineers like Miguel Palhas, Gabriel Poca, Ronaldo Sousa, Fernando Mendes, Bruno Azevedo, Pedro Costa, and Joao Justo.

UTRUST’s diverse advisory team includes Francisco Maia, Francisco Cruz, Joao Paulo, Sergio Viana, Marc Howland, David Dryan, Daniel Pierce and Sascha Benz.

Learn more about UTRUST at – https://utrust.io

Read the UTRUST Whitepaper at – https://s3-eu-west-1.amazonaws.com/utrust/UTRUST-whitepaper-v1.0.1.pdf

Learn more about UTRUST’s ICO at – https://utrust.io/ico

Follow UTRUST on Twitter at – https://twitter.com/UTRUST_Official

Join UTRUST on Facebook at – https://www.facebook.com/utrust.io/

Media Contact

Contact Name: Nuno Correia
Contact: [email protected]
Location: Zug, Switzerland

 

UTRUST is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest.

Bitcasino Picks up Speed with Fantastic F1 Promotion

Bitcasino Picks up Speed with Fantastic F1 Promotion

Bitcoin Press Release: Trip of a lifetime to Singapore F1 GP weekend on offer to three lucky winners on Bitcasino

August 18, 2017, Tallinn, Estonia – Leading bitcoin casino Bitcasino, part of the Coingaming Group, has launched its biggest promotional campaign to date, with a Singapore F1 2017 premium race experience on offer to three winners.

Running from 17-24th August, the promotion is available to both mobile and desktop users, and across all games, tying in with Bitcasino’s mission of offering its players a fun, fast & fair gaming experience.

The trip of a lifetime will see the winners and a guest of their choice flown out to Singapore for this year’s F1 Grand Prix weekend, which runs from 15-17th September.

Guests will stay at the luxurious 5-star Swissotel hotel, situated right on the track, for the three nights over the race weekend. They will be given access to Friday practice, Saturday qualification, as well as front row seats in the Padang Premium Grandstand on race day and access to the track-view Swissotel private suite.

On top of this, the lucky winners will receive tickets for the F1 launch party at the Ritz Carlton Millenia and a signed photo of their favourite driver.

To be in with a chance of scooping the fantastic prize, all players need to do is deposit and play any game within the campaign period. The leading depositors will climb the leaderboard over the week, and the top three on the 24th August will be chosen for the premium race experience.

Tim Heath, CEO at the Coingaming Group said,

“We always enjoy giving back to our passionate players and this fantastic trip will truly be an experience of a lifetime, with three days of luxury and high-octane thrills in store for the lucky winners.

F1 sits perfectly with our ‘fun, fast & fair’ philosophy and we will continue to build on this as we look to develop the ultimate casino experience.”

In addition to the three major prize winners, there will be a daily draw of m฿ 500 (mBit 500) for all competition participants which will be shared between five players.

Those that just miss out on the top three spots will also be in line for generous cash prizes for their efforts.

For more information, please visit: https://bitcasino.io/promotions/win-a-singapore-race-package

About Bitcasino

Founded in 2014 as part of the Coingaming Group, Bitcasino is a leading bitcoin-led casino operator.

Bitcasino has an expansive, quality casino product featuring more than 1,300 games, including slots, table games and live dealer casinos from some of the industry’s leading suppliers. These are hosted on its proprietary platform, developed by leading designers and software engineers to create the ultimate user experience for players.

Bitcasino prides itself on its enjoyable and trustworthy casino and gaming service, with withdrawal times of around 1.5 minutes amongst the fastest in the industry, and cutting-edge security measures in-place.

Learn more about Bitcasino at – https://bitcasino.io
Know more about the Bitcasino F1 promotion at – https://bitcasino.io/promotions/win-a-singapore-race-package

Media Contact

Contact Name: David Bartram
Contact Email: [email protected]
Phone: +44 (0) 20 3586 1978
Location: Tallinn, Estonia

 

Bitcasino the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest.

 

 

AICoin Announces Investment Board Formation

AICoin Announces Investment Board Formation

Bitcoin Press Release: Call Goes Out for Candidates from the AICoin Collective to Select Start-ups for Investment.

August 17, 2017, Singapore, Singapore – AICoin, a new type of investment vehicle that works as a collective combining the power of artificial intelligence with the wisdom of the crowd is nearing the close of its ICO subscription period.

The Collective follows an investment strategy that provides profit potential from two interrelated revenue streams designed to accelerate return on investment.  The first stage uses the funds collected during the ICO to make short term trades in multiple cryptocurrency markets using proven artificial intelligence models. The second stage takes trading profits and makes seed investments in promising young companies in the fields of artificial intelligence and blockchain. These investments can takethe form of a traditional equity stake or in the purchase of ICO tokens.

As part of the governance process, an Investment Board will be created. The primary responsibility of the Board will be the preliminary review of investment proposals presented to the Collective for funding. Their goal will be to narrow the number of proposals down to no more than five every quarter. These finalists will then be presented to the token holders of the Collective to vote which of the proposals will receive funding.

The Investment Board is made up of five members; two appointees’ will be selected from the developers of the trading models (First Global Credit). One appointee will be an independent representative with knowledge of the world-wide start-up market – Jon Matonis, one of the original founders of the Bitcoin Foundation has agreed to take on this role; and two appointees’ will be elected from the population of AICoin token holders.

Any AICoin token holder is eligible to put themselves forward as a board candidate. To fulfill their duties, they must have the time needed to review proposals presented to AICoin. The board will engage in online meetings to discuss the merits of the individual proposals and jointly come to a decision on the opportunities to be presented to the Collective.

Some token holders have already stated their intention to apply for board positions and the process will commence directly after the end of the subscription period. Candidates will be provided with a forum where they can present their qualifications and state why they would be good candidates to become an integral part of the start-up selection process.

There will then be an on-blockchain election where token holders vote for the candidate they favor.  Following the vote, the candidate with the highest number of votes will be appointed for a two-year term and the candidate with the second highest number of votes will be appointed for a one-year term.

After the initial candidates are elected there will be follow on elections every year for one of the two posts.

All token holders are entitled to apply for a board position. To apply send an email to [email protected] with the registered username on the site. A full list of applicants will be compiled before kicking off the formal process two weeks after the close of the ICO. The vote will take place 2 weeks later using the smart contract voting mechanism.

About First Global Credit

First Global Credit is the world’s first finance company that brings the profit opportunities existing in a wide variety, including mainstream markets within the reach of digital currency holders. With a presence in Geneva, London and Hong Kong, the company acts as a market neutral brokerage and NOT a CFD trading company that takes positions against customers. The company has been founded with the objective of providing services that accept cryptocurrency as a valuable asset that can be used to generate a return. These services are delivered with a focus on customer care not generally found in digital currency companies. First Global is committed to assisting customers meet the financial objectives for their digital currency portfolios. Systems are built using bank grade technology and security and are housed in Financial Grade Data Centers with failover capability. Our processes are designed to assure the privacy of our customers alongside the security of their assets.

Learn more about AICoin at – https://aicoin.io
Learn more about First Global Credit at – https://www.firstglobalcredit.com/
Setup an account at – https://account.aicoin.io

Media Contact

Contact Name: Marcie D Terman
Contact Email: [email protected]
Location: Singapore, Singapore

First Global Credit the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest.

 

About Bitcoin PR Buzz:

Bitcoin PR Buzz has been proudly serving the PR and marketing needs of Bitcoin and digital currency tech start-ups for over 5 years. Get your own professional Bitcoin Press Release. Click here for more information about Bitcoin PR.

Cryptocurrency Social Network, Scrypto.io Announces Crowdsale

Cryptocurrency Social Network, Scrypto.io Announces Crowdsale

Bitcoin Press Release: An informative social network in the cryptocurrency industry, Scrypto.io announces crowdsale as it makes understanding cryptocurrencies easier for newcomers.

August 17, 2017, Belize City, Belize – Scrypto.io, a cryptocurrency social network platform has embarked on an ambitious project to provide functionalities that could add to the convenience of the crypto-community. The platform is designed to cater to a wide range of audience including developers, investors, miners and newcomers to the cryptocurrency industry. As the platform works on implementing various features, Scrypto.io has announced the launch of its crowdsale.

Cryptocurrency Social Network Scrypto.io Enters ICO Stage

Both experienced, and newbie investors in cryptocurrencies are faced with a common problem – waste of time while searching for necessary information on forums, maintenance of dozens of accounts on different resources dedicated to various altcoins. The whole task of flipping through hundreds of messages on one particular topic, sifting through all the important milestones in the life of a new cryptocurrency can turn out to be a highly unproductive exercise.

Scrypto.io implements modern social network tools into cryptocurrency theme to enable search, information maintenance, coins exchange, and even development. The platform is a combination of the popular “Wiki” mechanism along with video and graphics support, groups and quick user notifications. The Scrypto.io platform allows users to customize their accounts by setting notifications and alerts for important developments and issues. All these features put together, drastically speeds up the search and information exchange process.

Scrypto.io breaks the entry barrier into cryptocurrencies for newcomers who do not have skills to investigate dozens of forums on obsolete engines. The social cryptocurrency network allows any internet user to quickly find the necessary data on particular altcoins in the wiki-storage, saving them a lot of time otherwise spent searching all over the internet.

Why Scrypto.io ICO Differs from the Rest?

Scrypto.io is not one of those ideas that need big investments. It is already a working project with basic functionality, maintaining several cryptocurrency types so far. Detailed information about the project, future roadmap, and necessary financing is available in the whitepaper.

The Marketing Manager at Scrypto.io, Alexandra Schutz describes the project saying,

“This project is not a fork, where investors are promised to make a profit in dozens of percents during several months. Scrypto.io is the first social network created for people dealing with cryptocurrencies and cherishing their own time. Project’s alfa-version proved the actuality among users”

Any network user can receive money from developers for being active and publishing information on the platform. At the same time, cryptocurrency developers can utilize Scrypto.io as a useful instrument for the promotion of their altcoins.

The platform is offering a total of 9,123,000 tokens during the ICO. Investors can purchase the Scrypto tokens by making payment with a range of cryptocurrencies. Each price of each token is set at $1.00, and they stand to represent a 0.0000109613% share of ownership in the cryptocurrency social network project.

Pre-Sale Conditions

First 50000 Scrypto tokens are offered at a price $0.5 during the first presale, which concluded in two days. The platform is currently running the second presale for another 50000 tokens at the cost of $0.75 per token. Rest of the tokens will be sold at a fixed price of $1.00. Each token holder will become a co-owner of the project, changing the idea of working with cryptocurrencies and communicating with like-minded people.

About Scrypto.io

The Scrypto.io project is a modern and convenient instrument for information exchange on cryptocurrencies both for newcomers and experts. The social network platform provides quick access to necessary information about cryptocurrencies, eliminating unnecessary search interactions. The system supports dozens of useful tools, except wiki-storage to serve the cryptocurrency community by making it easier for them to access and share information.

Learn more about Scrypto.io at – https://scrypto.io
Scrypto.io ICO – https://scrypto.io/ico/
Scrypto.io on BitcoinTalk – https://bitcointalk.org/index.php?topic=2076237.0

Media Contact

Contact Name: Alexandra Schutz
Contact Email: [email protected]
Location: Belize City, Belize

Scrypto.io is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to FDIC and other consumer protections. This press release is for informational purposes only.

 

About Bitcoin PR Buzz:

Bitcoin PR Buzz has been proudly serving the PR and marketing needs of Bitcoin and digital currency tech start-ups for over 5 years. Get your own professional Bitcoin Press Release. Click here for more information about Bitcoin PR.