OTHER REVIEWED AIRDROPS:COINBASE — NR 1, DXCHAIN, ENERGI, AERUM, PRESEARCH, WINDHAN, QUARKCHAIN, DIGITEX FUTURES, BLOCKSTAMP, LATOKEN, SYNAPSE AI, CURVEBLOCK, FARM2KITCHEN, CYBERGAME, HYPERIONX, GRIFFEX, and many more…
SOCIALREMIT — Quick Guide to Airdrop.
SocialRemit is a new platform designed to provide emerging projects with financial and technological tools based on blockchain and impact in a positive way on society through the collaborative economy that aims to build decentralized autonomous platforms of high efficiency, betting that the participating community gets involved in the projects it finances, which will also serve to establish a structure for social marketing and promotion, where each project can be spread in the media, to take advantage over the competition between the highlighted projects and obtain financing from other users.
Visit the SocialRemit website and click on Airdrop.
Register and verify your mail.
Join their Telegram group and rest of social activities.
Submit and save all your social media links to your profile.
Talk to theTelegram Bot for even more CSR Tokens.
Earn CSR tokens for each referral.
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Committee members in the Melon Council will have the opportunity to vote when it comes to matters such as being able to invite new members into the council, being able to adequately update the Melon protocol smart contracts, appropriately adjusting the ‘amgu’(Asset Management Gas Units) price, updating protocol parameters and many more, thus a super important role in the Ecosystem. Apart from Janos, the Melon Council features Will Harborne from Ethfinex, Melon code auditor Nick Munoz-McDonald, Matthew Di Ferrante from ZK Labs, Zahreddine Touag from Woorton, Martin Lundfall from Maker & Dapphub, Fabian Gompf from Parity and Jenna Zenk for the new Melon team entity (something is in the works there!).
The Melon committee was announced at the annual Melon Asset Management conference, M-1which was held in Zug, Switzerland in partnership with the Multichain Asset Managers Association (MAMA). There were lots of presentations and panels discussing the future of digital asset management, asset trading and asset custody. If you are KR1 follower, you will know we were the first investors to support Melon and their vision with one of our first investments ever made as an entity.
The M-1 event showcased an all-star cast in an intimate setting with world-class discussions around asset management and it’s future. KR1’s Janos took part in a panel of “Who is pioneering investments in crypto and what will it take for them to transition their own operations and trading to asset management 3.0”. Joining the panel were Chance Du from Coefficient Ventures, Russell Newton from GABI and Jonathan Allen from Dekrypt Capital.
Another KR1 portfolio company had a panel slot as well, Seb from Vo1t was talking about the roles of digital asset custodians with Zare from Woorton.
Ethereum co-founder and Polkadot founder Gavin Wood gave an update on Polkadot’s Substrate and revealed the cryptoeconomic model for Polkadot. It was great to have more information on the levers behind the protocol, which if on schedule will have its Genesis block Q4 this year.
Algorand wrapped up 2018 with growing community momentum across the globe. We rounded out the year with various community meetups in Toronto, Waterloo and Dubai, where we welcomed developers, blockchain researchers, and government and business leaders into our ecosystem.
We brought that same energy into the start of 2019, and we’re just getting started on a global scale. Here’s a brief recap of what we’ve been up to and where we’re headed.
To kick off 2019, we headed to the West Coast, where Algorand Chief Scientist Jing Chen gave a keynote speech at the Blockchain Connect Conference on January 11. Later that day, Dr. Chen was on hand to kick off our inaugural San Francisco meetup, too, where we had some really interesting conversations and enjoyed meeting new faces.
The Algorand team also launched an exciting Meetup tour in Asia. Our Turing Award-winning founder Silvio Micali and Head of Engineering Naveed Ihsanullah traveled to Hong Kong for an inaugural meetup on January 16, with additional stops in Singapore, Seoul and Tokyo.
We also sent a team to Europe — Chris Hurley, Head of Business Development, and Jason Weathersby, Senior Director of Developer Relations, headed to Milan, Dublin and Edinburgh for our first round of Developer Meetups. We had some great conversations with developers about how to build on the Algorand platform.
One of the highlights of this winter so far was coming together in our hometown on February 5, for our first meetup in Boston. The meetup brought together local tech experts, blockchain enthusiasts, developers and businesses for an evening of networking and learning about Algorand’s foundational technology, economic management, participation opportunities, and the latest news as we gear up for the Mainnet launch later this year. We enjoyed getting to know our local community better, and getting new community members involved in what we’re building.
Check out our upcoming events below, and register now to secure a spot in a city near you:
· March 9: MIT Bitcoin Expo
· March 19: Money 20/20
· April 16: Paris Blockchain Week Summit
· April 23: Rebuild Conference
· May 7: Boston Blockchain Week
We’d love to see you at an event this year. If you’re not able to attend any of our upcoming events, join our Community Forums to be a part of our growth this year and beyond! For more information, our website is the best place to learn more about Algorand.
Crypto Token Talk, a podcast focused on innovations in blockchain and cryptocurrency, announces media partnership with CIS, the largest cryptocurrency event of 2019 in North America.
LOS ANGELES (as seen on PRWEB) FEBRUARY 28, 2019
Crypto Token Talk (CTT) announces a media partnership with Crypto Invest Summit (CIS) to speak with the event’s robust lineup of speakers and sponsors. Hosted by Kelley Weaver, CEO of Melrose PR, Crypto Token Talk is an educational on-ramp to cryptocurrency and blockchain innovations through interviews and conversations with leaders in the space.
CIS, one of the largest cryptocurrency events, will be returning to the Los Angeles Convention Center on April 9th and 10th. With a powerful lineup of top-tier figures in the cryptocurrency and blockchain space, the two-day summit will be covering a wide range of topics touching on the trends, insights, developments, and strategies. Previous CIS industry experts include Steve Wozniak, Tim Draper, David Bleznak, David Siemer, Crystal Rose, and more.
“CIS has proven to be a top event in the space, with prominent thought leaders discussing important trends, issues, debates, and developments,” said Kelley Weaver. “Crypto Token Talk is really excited to take part in these meaningful conversations and help further the education and learning of cryptocurrency and blockchain.”
About Crypto Token Talk: Crypto Token Talk is a podcast focused on innovations in blockchain and cryptocurrency hosted by Kelley Weaver, CEO of Melrose PR. Each episode features an interview with an industry insider, expert, or project founder. Guests discuss everything from their journey into crypto to best use cases for the technology and predictions for the future. Appealing to newbies and seasoned veterans alike, Crypto Token Talk is an entertaining resource for all things crypto and blockchain.
About Goren Holm Group Goren Holm Group, led by Josef Holm and Alon Goren are industry pioneers, investors and producers of some of the top blockchain and cryptocurrency conferences in the world. Their backgrounds in venture capital, crowdfunding and online investment marketing technology make them uniquely equipped to service the digital securities revolution. Goren Holm Group, LLC and its principals manage Goren Holm Ventures (GHV) and also produce CIS, the world’s largest blockchain summit and expo as well as Security Token Summit, one of the top, most exclusive digital securities events.
Space is fascinating! The countless number of movies, series, and works of fiction that cover interstellar travels have a massive fanbase. Why would gaming be any exception? More galaxies mean more fun and more opportunities for you to become the Master of the Universe. So if your gaming heart skips a beat when you think about planets and spaceships, you may want to give ExoPlanets a try.
ExoPlanets is a blockchain game that revolves around scientifically accurate planets outside of our solar system. Players can own, sell and play with beautiful 3D planets that are taken directly from NASA’s database of confirmed known exoplanets — A treat for all space geeks and enthusiast, as the game is not only extremely fun, but educational as well! Each planet contains links to wikipedia articles and official confirmation forms on NASA’s database! This database currently contains around 3800 confirmed planets, which the game is bound to, meaning that only 3800 exoplanets will ever be created in the game (and on the blockchain), making every planet extremely unique, rare and valuable. Check out this quick introduction video of the game.
The purpose of the game is to dominate the galaxy by owning as many ExoPlanets as possible, evolving life on them from tiny organisms and all the way to intelligent civilizations capable of space exploration, upgrading tech bonuses, expanding your grasp of the galaxy, and mining resources in the form of the game’s ERC20 tokens — ExoTokens, which will allow you to further your galactic expansion.
Every ExoPlanet has 7 evolutionary levels, starting from a barren rock planet, evolving through water formation, photosynthesis-based life forms and all the way to an intelligent civilization with space exploration abilities. You will be able to see your ExoPlanet’s surface whenever you want and check how it looks in each evolutionary stage! The speed in which a planet evolves depends on a “Life Rate”, a basic stat that each ExoPlanet holds. The higher the life rate of an ExoPlanet, the faster it will evolve, and the more valuable it is.
The life rate of an ExoPlanet has a lot to do with CryptoMatch, the game’s special feature.
CryptoMatch is an in-game mechanism that matches an actual cryptocurrency from CoinMarketCap to your ExoPlanet. It will affect your ExoPlanet’s life rate in a good or bad way, depending on how your coin is performing on the real live cryptomarket that day. An exciting detail for adventurous souls.
Moreover, CryptoMatch can generate ExoTokens for you. For every 1% your matched cryptocoin gains, you earn 1 ExoToken. ExoTokens will drive the entire game’s ecosystem and you will need them to advance further in the game.
You can check out all the planets currently in the game here.
After you’re done with the evolution process and reach the space technology age, you can start launching spaceships in the game’s amazing and unique multiplayer. ExoPlanets is the first ever browser-based live 3D multiplayer game that is fully playable (heads up — it requires a mouse and keyboard to play). You will be able to control the spaceship that you launched from your ExoPlanet, explore space and land on small asteroids or resource planets and mine resources, which will then be converted to ExoTokens! Check out this gameplay video.
By mining resources daily you are proving that you are playing actively and working hard towards galactic domination. That is the game’s special Proof-Of-Gaming mechanism for balancing the game and its mining engine.
There are some other ways to generate ExoTokens, and you can read all about them here.
ExoPlanets in Lumi Collect
Lumi Collect has partnered up with ExoPlanets so you can now easily play the game and manage your planets on your mobile phone, explore the galaxy, check how your planet’s evolution is going, how many ExoTokens you have and more. Just download the app (available for iOS and Android), import your existing Ethereum wallet or create a new one (don’t forget about saving your mnemonic then), look for the game in the ‘Explore’ section, tap on it, and go on with your journey!
With Lumi Collect you can play Ethereum-powered blockchain games directly on your phone. The collection supports a variety of non-fungible tokens, so you can save them in one place. And of course, Lumi users can buy and sell their collectibles in a safe and easy way.
If you have questions/problems/suggestions, feel free to ping us on Telegram. To get more gaming news, recent updates, and other useful info follow us on Twitter, Facebook, and Reddit.
This is basically the first convergence of cryptocurrencies with mobile network operator’s accounts and it’s based on blockchain. To my mind, the basis of any good project is the openness and accessibility of information. That is why I strongly advised to implement blockchain technology into the processing system of mobile money transfers – the industry crucially needs solutions that won’t allow any fraud. Bank4YOU Group will provide the complete scope when using big data and the collection of funds.
From my perspective, it is not about a particular feature, rather than the whole convenience of the service. The Bank4YOU Group’s own, unique card solutions come packed with a range of easy-to-use mobile banking services. The average user doesn’t need nor wants to look under the hood and see how the whole technology works. That’s why Mobile Bank4You Group’s app, created by a team of fin-tech specialists needed an update, that’s how the idea of Mobile Money Remittance System was brought up. I really believe that blockchain will shape the future of mobile money transfers. Why not allow customers to cash in using crypto currencies and make global payments with the lowest fees? No one has done this before, yet.
The idea of crowdfunding and ICOs for our generation has really been embraced by many users. CNBC cites that in the first half of 2017, startups have raised an enormous sum of $1.27 billion through ICOs, surpassing the amount invested in fin-tech startups with venture capital. ICO is a mechanism to raise funds for a crypto currency venture. It is also a model of crowd funding 3.0, which helps participants to finance the development of the company in order to benefit from such investments in future.
The ICO contributions will be spent on further development of the project. Bank4YOU Group plans to spend crowdfunded means on elaboration of its system of mobile money, development of new software, incorporation of micro-crediting system, and new financial services based on Blockchain.
The goal of this ICO is to scale its business to the global level and enter the market and be able to find its target audience. The team has a clear vision of the future of its product. By the way, ICO campaign has already reached Soft Cap and collected $2,784,873 in the Round 1. This means people trust in it!
I think Mobile Money Remittance System has a strong potential to generate sound returns for investors and already has lots of interest from the Investment Banking community and institutional investors.
This is mainly due to the trustworthiness, the capacity, through partnerships to have a standards development process including the capacity to liaise with other industry groups. This will ensure that Bank4YOU Group are always aligned with current Banking regulatory standards as provided by FCA license. The company transfers investment transparency, security and decentralization to the next level due to the implementation of an innovative solution, which is basically a blockchain system accessible to external audit.
Monero has a long and interesting history, intertwined with other blockchains that are still operating to this very day. It all started with a bitcointalk.org thread by user DStrange on the 12th of March 2014. The post brought up a secretive cryptocurrency named Bytecoin, and BD Ratings has previously written extensively about that project. In short, the coin was based on the new, privacy focused CryptoNote technology. Using the memory-bound CryptoNight Proof-of-Work (PoW) consensus algorithm made the mining process CPU-friendly and thus ASIC (Application-Specific Integrated Circuits) resistant. Anyone interested in a more detailed write-up on Bytecoin’s beginnings should read the mentioned articles, as well as the famous investigation by BCT user rethink-your-strategy.
As DStrange posted and interacted in his new BCT thread, around 82% of all Bytecoin had already been mined. That was what prompted other interested thread participants to question the legitimacy of Bytecoin and suggest cloning the code base in order to re-set the coin distribution in a new blockchain. With Bitcoin, anyone could more or less decide to mine early since the project was public from the very first block. With Bytecoin, the public could only take note once a large majority of all BCN had already been mined. User thankful_for_today started a new BCT thread that announced Bitmonero — a CryptoNote based copy of Bytecoin with a complete chain reset in order to achieve the sought after fair coin distribution. This occurred 9th of April 2014, less than a month after DStrange made the public aware of Bytecoin.
A Bitmonero genesis block got published on April 18th, 2014. Some tweaks had been made in the utilized Bytecoin code, resulting in a much lower supply than Bytecoin’s ~185B coins. As the rushed launch proceeded, voices were raised over multiple issues with how it was done. The network launched without any GUI, meaning less tech-savvy miners were excluded. There was no vote on the name Bitmonero either which was not well received by some. And lastly, the reduced block time from two minutes to one minute was an initial subject of discussion as well, yet thankful_for_today ignored that and went ahead with the parameter change without fully elaborating on his choice.
After only operating for a couple of days, the Bitmonero blockchain came to a halt as a bug in the block generation code prohibited a specific block to get accepted by the network. The Bitmonero client was promptly patched and the transaction causing the problems could be confirmed. A small, growing community initiated the first Bitmonero OTC trades while setting its eyes on plans for open source pool software, a GUI wallet, a faucet and exchange listings. Hash rate slowly came trickling from Bytecoin miners.
On April 20th 2014, the Bitmonero fork HoneyPenny was announced by crypto_zoidberg. The project, later renamed Boolberry, made changes to the PoW mechanism as well as included a developer tax. Only 4 days later, a new thread showed up with a proposal to rename Bitmonero to simply Monero — Esperanto for the word money. As thankful_for_today barely interacted with the Bitmonero thread participants anymore, early supporters and contributors like smooth, tacotime and eizh converged on the new Monero thread instead. A while later, the break with thankful_for_today became apparent for everyone. The small mutiny was over with barely a fight.
As soon as consensus formed around the name Monero (XMR), an emission curve bug was found. The main implication of the bug was that XMR coins were minted at twice the planned pace, which in practice caused the emission curve to get more skewed than for example Bitcoin’s. As the main rationale for ‘re-starting’ a chain with essentially Bytecoin’s code base was the large premine, this bug had the initial unfortunate effect of casting small doubts on the initial mining of Monero as well, even though total mintage at the time was minuscule compared to future supply. Developers started thinking about fair solutions to the unwanted emission curve change while yet another Monero thread was posted, in the proper place on BCT this time.
Only 2 days later on the 26th of April 2014, JointEffort Coin, later renamed FantomCoin, was announced as a CryptoNote coin with Bytecoin and Monero merge mining capabilities. The launch was supported by thankful_for_today, as well as multiple sock puppets that BD Ratings previously mapped in its Bytecoin research. It was now evident that there was a struggle going on for the vacuum created from Bytecoin’s premine failure. Around this time, Monero total hashrate overtook that of its tainted mother chain. Monero was also listed on an exchange for the first time.
In June 2014, updates to the Monero client made deterministic wallets based on a mnemonic seed possible. That meant a user, when creating a new wallet, also got 24 words that could be used to fully restore it. In yet another update, the Monero team announced the first professional peer review of the whitepaper. Some new features on the Boolberry chain was integrated to Monero as well.
Attacks, Sockpuppets and Governance
The late summer saw spam attacks on Monero. On 4th of September 2014, a bug in the Monero code base was exploited by an attacker and caused the blockchain to unintentionally fork into two. Exchanges quickly halted XMR trading while Monero core developers started an investigation in what had happened. Blockchain security expert Peter Todd came out criticizing the CryptoNote code base for being messy. One interesting aspect of the exploit is that it was perceived by many to be advanced enough to come from the anonymous CryptoNote creators themselves, or at least from a team extremely well versed with the code base. There were no evidence of this however. The 0.8.8.3 emergency release countered the attack. On September 20th, BCT user BitcoinEXpress threatened to exploit a fatal bug in the Monero code base, which resulted in an immediate price crash. Panic spread among some Monero supporters while core developers demanded evidence of the threat actually being real. The attack never happened.
A couple of months later, a per-kb feature was implemented with the 0.8.8.5 release, making Monero transaction fees less static. In May 2015, fluffypony and the rest of the teamstarted to formalize aspects of Monero governance. In July 2015, unknown miners obtained more than 50% of current hash rate, which caused alarm for some. Yet, ‘unknown’ did not equal a single miner or mining pool so no real threat was actually proven to be true. 2015 also saw progress with Kovri, a project aiming to sever the link of nodes broadcasting transactions and their IP addresses. Other than these developments, 2015 was a somewhat quiet year for Monero. No new release came out.
2015 was however, as indicated above, the year when Monero developers started to think hard about what type of governance — if any — they ought to apply to the project. The idea was that since it was common knowledge that the Monero blockchain had to hardfork in the future to achieve stronger fungibility (for example through RingCT implementation), the community might as well set up some structure. Main scenario was a hardfork every 6 months, either around 15th of March or 15th of September. Consensus among the developers landed on a balance between community consensus on the one hand, and core developers acting as “benevolent dictators for life” on the other. In other words, something in between “design by committee”, and “design by Wikipedia”, as the team put it in the year-in-review missive. A process for implementing new ideas or features was implemented, and included community discussions as well as core team meetings with a formalized internal voting system.
The Code Base gets Molded
On 1st of January 2016, version 0.9 (nicknamed Hydrogen Helix) was released. Major completed milestones were for example the move from an in-RAM database to a backend-agnostic blockchain database of the type that most full node operators have gotten used to today. Support was added for OpenAlias, a project aimed at decreasing the distance between complicated cryptocurrencies and new users by aliasing public addresses. A hard fork mechanism was implemented, and block time changed to 2 minutes —the setting the original CryptoNote developers had originally chosen. Lastly, two Monero Research Labs recommendations, MLR-0001 and MLR-0004 were implemented, strengthening defenses against untraceability degradation. In total, 922 commits worth of work by 9 contributors were implemented, resulting in probably the biggest release in Monero’s history up until then.
Just two weeks after the major release, on January 15th 2016, Monero was attacked yet again. A specific check had been omitted that allowed for new-version blocks to be added to the network prior to the actual hard fork block height (which were to occur in March 2016). As the attacker intentionally published a new type of block (by tweaking client software) instead of waiting for the hardfork block height, the chain split in two: one where miners ran 0.9 and one where miners ran older software versions. A mandatory 0.9.1 release quickly got published, and seems to have included checkpoints.
As the planned March 2016 hardfork approached, vulnerabilities in 0.9.1 were discovered, which prompted the hasty release of 0.9.2 on March 17th. 5 days later, 0.9.3. was released to fix database corruption issues. Finally, the fourth bug fix release, 0.9.4, was released on April 2nd.
On September 19th 2016, the much anticipated 0.10.0 Wolfram Warptangent version of Monero was released. The major feature of the release was Ring Confidential Transactions (or RingCT), which not only hid the destination and origin of transactions but also the amount sent. Hardfork date was scheduled to January 2017 and would activate RingCT on mainnet. Such transactions would however not be enforced until another future upgrade. The release also included bug fixes, performance improvements and smarter packaging of the blockchain database.
In preparation for the RingCT hardfork, a 0.10.1 version was released on 13th of December 2016. Added features were paving way for GUI support, fully dynamic fees, as well as general RingCT performance improvements. The first beta of the Monero Core GUI was released soon thereafter, causing the threshold to join the network to shrink considerably. Since Monero was not simply a clone of Bitcoin, a GUI had to be built from scratch.
Further bug fixes and RingCT performance improvements was introduced in 0.10.2 on 23rd February, 2017. Preparing for a hardfork on April 15th, the Monero team released 0.10.3 less than a month prior to that event. The hardfork, including a modification of the dynamic block size limiter algorithm, became necessary after adoption of the optional RingCT feature had been higher than anticipated. Such transactions were large in size and therefore bloated blocks quicker.
In what has to be one of the most questionable timings in cryptocurrency history, Zcash and non-Zcash researchers released a Monero de-anonymization paper just hours before the planned April hardfork. This research seems to have built upon findings already known to and published by Monero core developers, who disagreed with the sensational spin put on the whole issue by cryptocurrency news outlets. An unofficial response to the published research can be found here.
Hyper-Inflation Threats and Better Anonymity
On May 17th 2017, a major CryptoNote bug was disclosed by Monero developers, affecting all coins built on that code base. It was discovered and patched in secret long before the disclosure in order to reduce the risk of having a bad actor exploiting it. The implications of the bug were every cryptocurrency project’s worst nightmare — the possibility of undetected issuance of unlimited coins. Luckily, knowledge of the bug’s nature made it possible to at least run retroactive checks on whether it had actually been exploited or not, and it hadn’t. This event cast light on an issue that is especially relevant for privacy-focused cryptocurrencies; the way these blockchains are constructed makes it much harder to in a short period of time discover new, unplanned coin issuance. It has historically affected both Zcash and Monero.
On 7th of September 2017, the 0.11.0 release — nicknamed Helium Hydra — was released, paving the way for the planned hardfork on 15th of September. This hardfork made RingCT transactions mandatory, which practically enforced network anonymity for all participants. It also changed certain RingCT parameters (like minimum number of mixins/ring size) in an attempt to increase anonymity further, and added a Vulnerability Response Process with belonging bug bounties. 2017 ended with a clear goal in mind — the integration of Bulletproofs on Monero, with intended result of getting a much more efficient way to handle range proofs which at that time made up the bulk of a Monero transaction’s size.
Bulletproofs and ASIC Threats
The stance of Monero core developers on ASIC resistance further formalized in early 2018. As the original CryptoNote developers early on understood that PoW networks could be vulnerable to centralization through the manufacture and use of ASIC’s, they decided to code the memory bound CryptoNight algorithm to accompany the code base. By making the mining algorithm memory bound instead of just demanding SHA256 hashes, they inherently made it much harder (i.e. expensive) to create the application specific hardware, which practically resulted in a longer time frame where regular CPU and GPU mining could earn users coins. By continuing on this ‘egalitarian’ path of mining, Monero developers entrenched a type of decentralization (through a multitude of solo miners) where no single mining entity could too easily be ordered to stop or revert certain transactions. Furthermore, Monero developers also laid out a clear doctrine of emergency hardforks to curb any potential ASIC threat. This signaled to mining hardware manufacturers that their R&D might be better spent with focus on other cryptocurrencies in mind.
Another aspect of the Monero blockchain that in 2018 continued in its formalization was governance. It was argued that utter and complete decentralization was so far unfeasible, given factors such as Monero domains, management of the code base, stewarding donation funds, and having a coherent plan for the project going forward. With that said, the formalization also laid out general points on what power the Monero core developers ought not have. It was not diverting from how the project had been run earlier; the attempted balance between a committee of technical experts and a broader stakeholder community was still kept intact.
In March, follow-up research on Monero traceability was published. This research empirically detailed weaknesses mainly with how Monero mixin/decoy selection worked. In a response, Monero developers agreed with most findings. By including very old inputs as decoys, it became easier to guess which of the ring signature inputs were the real transaction (the newest one). Also, the inclusion of publicly de-anonymized outputs as decoys increased traceability probabilities as well. What Monero developers found puzzling however was the fact that the authors failed to report that most of found weaknesses had already been acknowledged, though maybe not yet accounted for in code.
In preparation for an April fork, Lithium Luna 0.12.0 was released to the public on March 24th, 2018. The version increases the minimum ring signature size from 5 to 7 (meaning 6 mixins/decoys) while also tweaking the PoW algorithm slightly to counter ASIC’s. The PoW tweak can be considered the first fruit of the earlier mentioned Monero doctrine of ASIC resistance focus. Other welcomed additions were multisig support, initial support for Ledger Nano S and an initial Bulletproofs implementation on testnet. Bulletproofs did not only reduce general transaction size; by utilizing Non-Interactive Zero Knowledge Proofs, the scheme could also mitigate the need for a trusted setup akin to Zcash’s Powers of Tao ceremony. The main trade-off for Monero in the case of Bulletproofs seems to have been a more time consuming verification of transactions. In any case, as the fork activated, Monero hashrate drastically decreased, indicating that the chain shook of a number of ASIC miners.
After Lithium Luna, the Monero developers and community continued their focus on ASIC’s and their implications on the integrity of Monero’s CryptoNight consensus mechanism. Bulletproofs were also finally pushed towards mainnet with the Beryllium Bullet 0.13.0 release, published on October 11th, 2018. Due to this change, transaction size were estimated to decrease by 80%. The actual fork activated 7 days later, as planned. Additional improvements were a global increase of ringsize to 11, a second PoW algorithm update to counter ASIC’s, as well as a number of bug fixes. 58 people contributed to the release.
2019 began with more concerns regarding mining pools and ASIC’s. In a short period of time, the amount of ‘unknown’ (not known, public pools) hashrate on the network climbed considerably. More and more research pointed to ASIC’s or so called FPGA’s.
The Monero team also discussed the future implementation of optional pruning. Blockchain pruning is the mitigation of supposedly unnecessary data from local storage. The effect on Monero would be a blockchain size decrease from, in one given example, around 65GB of data to 25GB of data. Pruned nodes would still contribute to the total security and decentralization of the blockchain.
On the 25th of February 2019, Boron Butterfly 0.14.0 was released, preparing the network for an upgrade/hardfork on 9th of March. This major version included a third PoW change to CryptoNight-R, a new block weight algorithm to counter a ‘big bang attack’ vulnerability, more efficient RingCT signatures as well as bug fixes. Closely after the new software release, the Monero Vulnerability Response group received a disclosure of a wallet bug affecting mainly exchanges and other service providers. This vulnerability was quickly patched and are now included in the latest release. Finally, the FFS (Forum Funding System) got an upgrade and rebranded to Community Crowdfunding System (CCS).
At the time this article is published, Monero is just a day from hard forking. BD Ratings expects to see a sharp drop in total hashrate as ASIC’s are temporarily bricked from the network.
The Monero network currently processes around 3000 transactions per day — a decline of around 70% from 2017 top levels. This is not indicative of Monero but a result of cold cryptocurrency markets in general. In any case, 3000 transactions per day is not that much considering the value of the project as a whole. Due to the untraceable nature of transactions, they are also larger and more expensive, which hinders total economic activity. It is possible to have second layer solutions on top of Monero, but they are so far no where in sight.
Stretching over 2000 pages, the Monero bitcointalk.org thread is a testimony to the level of awareness cryptocurrency enthusiasts share when it comes to the project. People even remotely interested in cryptocurrencies know about it, which is why it needs no marketing. Looking at the Monero subreddit, it is evidently very active, with a very high standard of what type of discussions are going on; there seems to be little of price discussion (relegated to other subreddits) and marketing in general, and more about future forks, client issues and ecosystem implications with regards to external events. Deeper research on the subject placed Monero at #4 most active cryptocurrency community. The relatively new tradition of having ‘Skepticism Sundays’ threads — places to discuss what is not great with Monero — is a welcome addition to the space.
As discussions on dishonesty usually falls under the Ecology section, BD Ratings wants to elaborate on a few things here. First off, Monero was born in the shadow of the probable 82% ‘ninjamine’ Bytecoin scam. The very logic of taking the CryptoNote codebase and restart with a new genesis block was to counter dishonesty and greed. A long red line of above-average ethical conduct has imprinted itself in the Monero ecosystem and there are few, if any, noteworthy examples of unsound developer behavior. For example, early on in the project’s history, discussions were had about a small developer tax to fund core developers. No such schemes were ever implemented, and Monero developers in a vast majority of cases instead got funded by community members on a voluntary basis via the FFS. Additionally, the emission curve of Monero was early on modeled after Bitcoin, meaning early miners (and developers) did not see an abundance of supply hitting their addresses the first months following genesis block. This emission curve changed slightly due to a bug, suddenly causing XMR to be mined quicker than Bitcoin, but it still was not enough to alone concentrate XMR tokens in too few hands. Monero developers had a discussion how the issuance could be adjusted to the old, more conservative model, but as no consensus formed on the issue, they left it.
What are the chances that the Bitcoin ecosystem is to absorb economic activity from Monero after hypothetically implementing anonymity features? They are probably slim, as adding full fungibility for layer one Bitcoin transactions would demand large changes to the code base. Any large changes would likely cause a rift among the conservative Bitcoin stakeholders and consensus would be a very hard goal to achieve. No, BD Ratings is of the opinion that Monero will continue to be the leading initiative of privacy coins.
Reasons: Active community. Not a considerable number of on-chain transaction. Extremely good culture with regards to ethical development and conduct.
The number of active GitHub contributors is just one of many measurements on the technical capabilities of a cryptocurrency, but it is a start. It is evident that Monero has a large team, with as many as 40 active contributors interacting with the GitHub repositories. All GitHub contributors throughout the years number over 200. Worth mentioning is that these number ought to be in the lower end as some contributors are ‘invisible’ with regards to GitHub, and publish their contributions elsewhere. A longer list of Monero contributors can be found here. The number of commits seems stable enough as well.
Not only does Monero attract a large number of developers; already from its early years, focus has been on peer review by external academics. One version of the annotated CryptoNote whitepaper can be found here. The independent body of work by Monero Research Lab additionally strengthens the technical capabilities of the blockchain. Looking at Monero’s history, it is evident that core developers accept logic and the scientific method in that they are quick to implement research recommendations, even when they come with a somewhat hostile delivery.
As the Monero codebase is around 5 years old at time of writing, it can be considered way above average battle tested. BD Ratings detailed multiple historical occurrences of attacks on the network — all of which has so far been thwarted. Further strengthening efforts have been made with smaller, voluntary bug bounties that have paid out regularly.
As the project was wrestled from thankful_for_today, the Monero developers inherited a never ending supply issuance. From a technical blockchain construction perspective, this may very well be necessary, especially for a blockchain that is currently nowhere near Bitcoin in its popularity and utilization. A constant block reward does come with the necessary planning for decades ahead, not just months or a few years.
The first technical issue BD Ratings has with Monero is the implications of its ASIC resistance doctrine. It should be underlined that from a decentralization point of view, the regularly scheduled hardforks including PoW changes is most probably a large net positive — something that is discussed later on in the article. From a technical standpoint however, each tweak of the PoW algorithm ought to come with a probability of unintended consequences. These tweaks are obviously conducted on a testnet first, but lacking enough economical incentives to seriously attack such a testnet, bugs might transfer over to mainnet and ultimately disrupt the network in a number of ways. The choice of how PoW should be tweaked might also become an issue of contention in the future, where a network split would be one worst case scenario.
Reasons: Active GitHub. Many active developers, among them academics. Peer review of certain code. Sound financial incentive plan for miners. Risk of unintended consequences with PoW changes.
The large number of code contributors effectively decentralizes Monero. It reduces the risk that a few good developers choosing to leave the project would result in a much weaker code base maintenance. Additionally, the fact that some of the core developers are anonymous counters legal attack surfaces as well where jurisdictions go after certain individuals.
Known mining pool hashrate distribution currently looks non-threatening. The worrying fact is however the 69% hashrate block that origins from unknown miners, which could consist of very few or many entities. This number can be confirmed through a second source.
If anyone doubted the initial effectiveness of the Monero ASIC resistance doctrine, that doubt should have eased as the first PoW tweak occurred in April 2018. As already mentioned earlier, total network hashrate quickly decreased by around 50%, which is both impressive and scary at the same time. The ASIC hash that disappeared was clearly powerful and possibly a threat to Monero’s integrity. From a decentralization point of view, the formalization of these ‘shake-offs’ are increasing decentralization by protecting the chain against large ASIC manufacturing companies or their wealthy customers. But there are strong indications the strategy is not keeping up with reality, and that ASIC manufacturers recapture hashrate share quickly.
Well-known cryptocurrency researcher Emin Gun Sirer is of the opinion that ASIC resistance is undesirable, and he is not alone in viewing an ASIC resistance doctrine as a futile attempt. If said ASIC’s have nowhere else to go than the chain they were built for, it can obviously make sense to accommodate them, but if they do, PoW changes can very well be the only option. BD Ratings is still of the opinion that far too little time has passed for the algo-change strategy to be deemed long term feasible. ASIC manufacturers might guess where the PoW tweaks are headed, they might try to bribe developers involved with PoW selection, or future PoW tweakers themselves might adjust the algorithm in a way that maximize own personal gain. The constant state of readiness the Monero core developers are in with regards to PoW changes is absolutely sub-optimal. It will be very interesting to see if the Autumn hardfork can apply a new PoW algorithm family to the network — RandomX being one example often mentioned.
Well-known cryptographer Greg Maxwell had, from a scaling point of view, early critique against Monero’s ring signature scheme. His main point was that transactions utilizing ring signatures to mask the sender’s identity had the obvious drawback of getting large in size, which is true. This was however long before Bulletproofs were implemented on Monero, and also long before blockchain pruning features were worked on. As with many concerns over blockchain scaling, innovativeness of smart developers have time and time again surprised us all with solutions. Obviously, BD Ratings is tracking the size of the Monero blockchain and how easy it is to run a full node (also non-pruned) in general. And so far, it should not concern us more than future possibilities of other aspects of centralization that are already more prevalent in the space.
On the issue of having just one implementation of Monero, BD Ratings does not come to the exact same conclusions as Monero developers. By having only one implementation, Monero favors blockchain security and reliability — both aspects that Peter Todd argued for as well when commenting on Ethereum’s multi-implementation approach. It is certainly logical that multiple implementations increase the risk of unintentional consensus failures (forks). But from a decentralization point of view, having multiple, separate developer teams maintaining their own clients are favorable since it partly distributes the power that goes with socially delegated blockchain code base development and maintenance. In other words, the chosen setup makes Monero slightly more centralized to the benefit of blockchain stability and reliability.
Monero’s continuous formalization of what can be considered ‘weak governance’ is in line with what BD Ratings deems a feasible model that strikes a balance between efficiency and decentralization. The Monero core developers have explicitly stated that they should not be seen as a central point of failure for the project, and that the community always ought to consider the possibility of ‘taking’ the project from them should they have gone rogue. In one recent post about governance, they clearly outline this option and likens it to an event from the project’s inception, where thankful_for_today was ousted by the broader community.
In line with the weak governance model, developers have historically been self funded through FFS, which is an impressive feat in a sea of currencies with large pre-mines, mining taxes and top-down decisions of seignorage. By keeping funding separate from the inherent blockchain structure itself, Monero has managed to dispose of such points of possible future failures where entities systemically solidify control over funding channels.
Reasons: Large developer team with weak governance model. ASIC resistance doctrine. Project self funding through community efforts. Large, unknown hash.
Monero has no maximum supply like Bitcoin’s 21 million. In practice however it makes no sense to focus on the ‘infinite supply’ property itself, but to instead look at the emission curve. Currently, almost 17 million XMR have been minted, and total new issuance is heading down towards very low numbers such as 1% of total supply, far below that of gold — by far the worlds most valuable decentralized value protocol. The continuous, disinflationary emission is not to be confused with a Keynesian setup, but should instead be seen as a pragmatic approach to uncertainties concerning a future fee market around empty block space. By having a continuous block reward, the mining subsidy is made permanent, ensuring some long term security for the blockchain at the expense of stakeholders storing value on the Monero value protocol. BD Ratings is very open to the possibility that this might be a better emission scheme than Bitcoin’s, which is slightly more of a shot in the dark. No one can really predict all implications of a finite supply since there is no way to know how fast cryptocurrency adoption is coming.
With the above said, total Monero market cap at time of writing is around USD 854M. Accounting for supply issuance in the coming years, the total valuation is rounded up to around USD 1B, which puts Monero on approximately #13 on coinmarketcap.com. This is a slightly lower valuation than total Zcash valuation. Compared to Bitcoin, Monero marketcap amounts to around 1.5%, which still is a considerable value.
Unlike many, if not all, other major privacy coins, Monero transactions are mandatory private through the enforced RingCT scheme. This causes network participants to give up a small degree of freedom to the benefit of general privacy. The reason why this is accepted by the community is that public transactions with zero decoys decrease the untraceability also for transactions with decoys. So, by forcing all transactions to be private, Monero has, unlike most other coins, carved out a space for itself in the competition to become the go-to private value protocol.
There are not only positives with how Monero is attempting to create untraceable money. Should a bug cause someone to be able to issue new XMR from nowhere, the untraceability is obviously of great concern since it makes the whole affair much harder to deal with and then patch. These scenarios are referred to as infinite inflation bugs and would erode all value of the network should one be exploited undetected for too long. The risk is very real and intertwines with Technology factors as well as it would destroy all incentives for miners to continue looking for new blocks.
The self-funding of developer efforts instead of establishing some kind of developer tax through pre-mining or block taxes has the effect that the XMR token is not diluted in this way. Whether such schemes are always negative or not can be debated (they might not always be if they are limited in scope, and funds are put to good use through bug bounties, audits and developer recruitment), but all else being equal, they certainly captures value from other network participants at that given time.
Reasons: Not very low valuation compared to Bitcoin. Risk of infinite inflation bugs. No premines, block taxes or or seignorage. Competitive inflation.
Founded in 2014 at Harvard University, Nucleus is an end-to-end technology solution that captures and provides previously unaccessed data to retailers and other ‘brick and mortar’ businesses through blockchain and real time sensor technology. Our proprietary IoT sensor technology doesn’t depend on any RFID, WiFi, Bluetooth, or even facial recognition technologies to identify any customer within it’s vicinity.
“The full potential of connected devices is only achieved when they are tied to individual identities” — Gartner Report, The Identity of Things for IoT
By building a secure blockchain based information network for IDs captured, Nucleus aims to protect consumers privacy, while mining intelligence using neural models, and integrating its nCash tokens, to create the largest global loyalty rewards network.
Nucleus’s 40 member team is located across San Francisco and India, and is highly experienced in the world of retail, IoT, Blockchain and RF technologies.
( The worldwide Internet of Things market spend will grow from $591.7 billion in 2014 to $1.3 trillion in 2019 with a compound annual growth rate of 17%. )
Nucleus’s solution is currently live with ION Sensors deployed in 10 live retail establishments in India. Long term, our intention is to bridge the gap between the online and offline retail world. The early focus of our adoption strategy evolves around the retail sector. Beyond retail, Nucleus’s sensor technology has far reaching applications in the field of physical security and connecting
Posts regarding NUCLEUS.VISION or featuring NUCLEUS.VISION
10 upvotes: 5 points
20 upvotes: 10 points
50 upvotes: 20 points
100 upvotes: 50 points
300 upvotes: 100 points
Comments about NUCLEUS.VISION get calculated at a 1:5 rate compared to posts, meaning, for example, a comment of 20 upvotes will bring you 2 points
First of all follow us here : Nucleus Vision Reddit
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Fill the form with your details: Register Here
For a post to be counted, it needs to be posted in one of the following subreddits, or cryptocurrency related subreddits:r/bitcoin, r/ethereum, r/ethtrader, r/icocrypto, r/NucleusVision
Posts and Comments with negative Karma will not be accepted. Any kind of spam will not be rewarded either.
External posts should link to either NUCLEUS.VISION subreddit posts, to the NUCLEUS.VISION Website or here to the bitcointalk thread
Spreadsheet: Check Status Here
Help us spread the word by participating in the Twitter Campaign and earning Tokens for your contribution. Points-based system; Bounty will be distributed based on points awarded.
Payment: 10% of Total Bounty will be allocated to Twitter
Tier 4 : Having 500+ followers : 10 points
Tier 3 : Having 1500+ followers : 25 points
Tier 2 : Having 5000+ followers: : 50 points
Tier 1 : Having 15,000+ followers: 100 points
Gold Tier : Having 35,000+ followers: 200 points
What you think are the coolest features of Nucleus
What use cases you would like to see Nucleus being applied to
How to Apply:
First of all follow us here : Nucleus Vision Twitter
Make at least 5 retweets/tweets a week.
Register with this form: Registration Form
Must make at least 5 tweets or retweets about NUCLEUS.VISION per week
You must be retweeting NUCLEUS.VISION’s official tweets and updates regularly
Don’t post everything in 1 day, you are supposed to make the tweets constructive and not simply spam
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This Campaign awards early supporters of the NUCLEUS.VISION Project who join the dedicated Telegram Channel
5% of Total Bounty will be allocated to Telegram
Join = 1 points
Invite 5 = 5 points
Invite 10 = 10 points
Invite 15 = 20 points
Invite 30 = 40 points
Invite 50 = 75 points
Invite 100 = 200 points
How to Participate
Join Telegram: Nucleus Vision Telegram
Invite others to join our Telegram channel
Actively Participate in Telegram discussions
Submit your details using this form: Registration Form
1: You must register a real account, and only one reward per telegram user and bitcointalk user.
2: Be active at least once a week.
Fill the Form above with your telegram/slack username and bitcointalk username, submissions will be manually verified.
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Help us spread the word by participating in the Facebook Campaign and earning Tokens in return for your contribution.
5% of Total Bounty will be allocated to Facebook
Tier 3 : Having 500+ friends: 5 points
Tier 2 : Having 2000+ friends: 10 points
Tier 1 : Having 5000+ friends: 25 points
Tier 0: Having 10,000+ friends: 50 points
Extra Tier : 25,000+ friends/followers : 100 points
How to Apply:
First of all Like our Facebook Page here : Nucleus Vision Facebook
Make a post about the Nucleus Vision Token Sale and include 2 Links, one of the Website here and one of the Bitcointalk Thread
Fill this Form: Register here
1: Your must have a minimum of 500 friends.
2: Your Facebook account must not be fake, inactive or a bot account. Only original Facebook accounts will be accepted.
3: You must be an active and regular Facebook user, and must be sharing and liking NUCLEUS.VISION’s official posts and updates
4: Account must be open as a Public Profile and all Posts shared need to be public as well.
5: Multiple accounts are not allowed. Those found using such multi accounts will be disqualified and blacklisted from any and all future campaigns.
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NUCLEUS.VISION will Reward Experienced Designers, Artists and Video Creators who create content about NUCLEUS.VISION and/or the NUCLEUS.VISION Tokensale.
15% of Total Bounty Pool will be allocated for this Campaign.
We’ll divide all Submission into 4 Categories and will reward them as follows
High Quality: 250 points
Good Quality: 100 points
Normal Quality: 50 points
Low Quality: 0 points
How to Participate?
Submit your entry using this form: Register Here
1: Low Quality Artwork and Videos will not be Accepted,
2: Artwork and Videos must represent original work. Copying other’s work is not allowed and will result in a disqualification. You can use Official Images, Artworks and other Content posted on the Website.
3: In the Description of the Video you Must have one link of the official website, one link of the official bitcointalk Thread and one link of your own bitcointalk profile to prove it is original content.
4: Videos should be be more than 1 Minutes Long, shorter than that will not be taken into consideration. Animated Videos can be shorter than that, but not less than 30 seconds in length.
5: The Video/Artwork has to be posted on a social platform such as Steemit, Youtube etc and has to include 2 official Links: Official Website and Bitcointalk Announcement Announcement and one link of your own Bitcointalk Profile in the bottom of your article or in the comments to prove it is original content.
6: Medium, Steemit, Newbium, and other general/free blogging platforms submissions will be accepted, but only One per User.
7: If the video or artwork is posted on a website, podcast or blog that has quality content, then 3 submissions will be accepted.(Examples: Personal Blogs with Active Users, Cointelegraph, Popular Youtube Channels and so on)
Spreadsheet: Check Status Here
NUCLEUS.VISION will Reward Users who manage to find Bugs, Improvements or who want to develop an integration for NUCLEUS.VISION.
10% of Total Bounty Pool will be allocated for this Campaign.
Fresh ideas for product improvement: interface, usability, and any other ideas you might think could help NUCLEUS.VISION.
Bug discovery, whether it is a mistake in the Whitepaper, a Bug on the Website, Algorithm or anything else you might find that needs improvement.
Developing a Program, Software, DApp or any other Integration that you think could help NUCLEUS.VISION
Something else that you think would be worthy of mentioning and that could help NUCLEUS.VISION become one of the best blockchain projects
Points will be graded based on the impact that your submissions have, that is to say, finding an important Bug or developing an useful integration for NUCLEUS.VISION will be rewarded severely more than a simple suggestion.
Submission will be graded between 10 and 1000 points depending on the importance of the finding or creation you submit.
How to Participate?
Submit your entry using this form: Register Here
1: Low Quality Submissions will not be accepted.
2: Findings and Creations must represent original work. Copying other’s work is not allowed and will result in a disqualification.
Spreadsheet: Check Status Here
NUCLEUS.VISION will Reward Experienced Writers who write quality Reviews, Articles or Publications about NUCLEUS.VISION that include information about the ICO crowdsale or Instructions about Investments in their Blogs, Websites, Forums and Sources.
20% of Total Bounty Pool will be allocated for this Campaign.
We’ll divide all Submission into 3 Categories and will reward them as follows
High Quality: 250 points
Good Quality: 100 points
Normal Quality: 50 points
Low Quality: 0 points
How to Participate?
Write your Article, Reviews or Publications and Submit your entry using this form: Register Here
1: Low Quality Articles and Reviews will not be Accepted,
2: Articles and Reviews must represent original work. Copying other’s work is not allowed and will result in a disqualification. You can use Official Images, Artworks and other Content posted on the Website.
3: In the Description of the Article you Must have one link of official website, one link pointing to the bitcointalk thread and one link of your own bitcointalk profile to prove it is original content.
4: The Article has to include 2 official Links: Official Website and a link of the Bitcointalk Announcement and one link of your own Bitcointalk Profile in the bottom of your article or in the comments to prove it is original content.
5: Article should exceed 500 Characters, less than 500 Characters will not be accepted.
6: Medium, Steemit, Newbium, and other general/free blogging platforms submissions will be accepted, but only One per User.
7: If the article is posted on a website, podcast or blog that has quality content, then 3 submissions will be accepted.(Examples such as Personal Blogs with Active Users, Cointelegraph, Popular Youtube Channels and so on)
Spreadsheet: Check Status Here
Earn Tokens as a Reward for translating Announcement Thread of NUCLEUS.VISION by actively moderating the thread and keeping it active by posting regular updates, news or any important announcements in the local translated thread.
Warning: A single post-dead thread is useless for the Project and will not be accepted. We expect the ANN translators to take the responsibility to moderate their threads by keeping them active with translated official announcements, news and updates regularly. If a translator just posts the thread and leaves it dead, with no updates, he will either be disqualified or have his reward reduced by 50%. There are additional Rewards for active Moderation, so it is paid work.
10% of total Bounty Pool will be Paid to Translations and Moderations/Managements.
ANN thread: 100 points
Website: 150 points
Whitepaper: 350 points
Moderation/Management: 5 points per Valid Post of Moderator
Translators must do both ANN and WP.
To Reserve a Language please fill the form below, and we’ll get back to you shortly with a confirmation
After Completing your Translation submit the link using this form: Register Here
Translation Terms and Conditions:
The translation should represent original work, if you use tools such as google translate, automatic translators and so on, your submission will be rejected and blacklisted.
For stake counting, only the posts of the OP are counted towards Moderation activity. Translators should be active, if OP becomes inactive, another Moderator will be hired for updating and moderating the thread.
Do not make unnecessary multiple posts to increase stake numbers, this will result in the posts not to be counted and a penalty. Increasing post count by making unnecessary posts is not allowed, and these kinds of posts will not be counted.
Bounty Manager and the Team reserve their right to make changes to this terms or apply new ones.
Spreadsheet: Check Status Here
Join our Signature Campaign to help spread the word about NUCLEUS.VISION on Bitcointalk. In reward for your contribution, you will receive Tokens. Only members ranked Member and above are accepted.
5% of Total Bounty Pool Will be Paid for Signature Campaign Participants.
Payment will be based on weekly points:
Jr. Member: 5 points/Week
Member: 15 points/Week
Full Member: 30 points/Week
Sr Member: 50 points/Week
Hero and Legendary: 80 points/Week
You will receive 5 Additional Points Every week for wearing Personal Text.
Rules, Terms Conditions:
1: The Signature should be kept until the end of the ICO, removing the signature before that time will result in a disqualification.
2: During this period you must make a minimum of 10 Posts per Week in order to be considered eligible.
3: Only Posts that are useful and constructive will be eligible towards the 15 Post goal. Posts that are off-topic, or simply made with the intention of raising post count will be disqualified.
4: A post must have a minimum length of 75 Characters to be counted towards post goal.
5: Payment will be done after stake calculation, after the end of the ICO
6: Keep your signature on until the spreadsheet is updated with your final post count, for at least one more week, removing it before post count will not be accepted.
7: Only user with the rank of Jr. Member and above can join.
To Participate in the Signature campaign, register here: Registration Form
Walt Disney said that “All our dreams can come true, if we have the courage to pursue them.” This perfectly describes our energy and dedication to making ICONOMI truly great and unique. We conducted our ICO in October 2016, when the total crypto market capitalization was just $12 billion. Back then, we predicted that in 2017 we would see about 1,000 new ICOs, $200 million on our platform, and a DAA that would beat bitcoin. We were right!
Stepping into 2018, we are firmly dedicated to pursuing our vision of making ICONOMI the bridge between the old and the new economy. We are pioneers, the first ever digital asset array management platform for blockchain tokens and cryptocurrencies, and our many DAA managers and users are proving that this is the perfect time to enter the crypto world with us.
As we look ahead into 2018, we are thrilled about all the upcoming changes in the crypto ecosystem, from regulation to the new opportunities that will come with tokenization economics. The crypto market will remain volatile, but that will not deter new investors seeking exposure to this new asset class. Of course, regulation will help set new playground rules, but it is too early to predict with certainty what the final regulatory environment will look like.
In order to continue to make decisive, effective steps as we did in 2017, we’ve identified three main areas to focus on. These insights represent a flexible, expandable, and intuitive outline for 2018. We must be able to quickly and efficiently adapt to changing market conditions and the demands of regulators, which means the priorities listed below may change. We are very excited that we will be implementing some additional features very soon. We have only listed major features, some of which will be released in multiple iterations.
DAA page improvements: AUM and number of buyers
Fiat ramp-up for end users
DAA Discovery page redesign
DAA Manager page with all their DAAs
Major user statistics upgrade
Direct purchase of individual digital assets
Possibilities for risk reduction
Organizing events with DAA managers
DAA tokenization process optimization
Phase 2 of DAA management functionalities completed (improvements that include several different statistics that DAA managers want to see, such as volatility, drawdowns, rebalancing automation, etc.)
Support for company accounts
Phase 3 of DAA management functionality completed (advanced functionality for DAA managers)
Introduction of fees payable in ICN
Big Four audit
Open platform: private DAAs launched
API (reading data/trading)
Charting system redesign
Trading engine upgrade
We will continue to deliver improvements that will provide real value for our users. Though they might not be visible to the end user, they are vital for ICONOMI’s continued development and growth. Some of these improvements include:
Supporting additional exchanges and tokens to provide more options for DAA managers.
Upgrading the functionality and design of our web, iOS, and Android apps, as well as adding more statistics, data, UX improvements, etc., in response to community feedback about upgrading the platform.
Upgrading our back-office systems to deal with higher volumes of users and assets.
Onboarding new DAA managers to broaden diversification opportunities
Continuous security upgrades.
Our phenomenal team is working nonstop to make 2018 ICONOMI’s best year yet. It will be another very dynamic year, and we are honored to contribute our part to this new, fast-evolving crypto world. Last but not least, we owe our success to you, our ICONOMI users and supporters.
Thank you! We wish you a happy new year and hope you will continue on this exciting journey with us through 2018 and beyond.
Follow our official channels for more updates and news:
Facebook / Twitter / Reddit / Medium
or log into our platform to explore new Digital Asset Arrays.