Fancy , The Luxury Shopping Marketplace Offers Discount for Bitcoin Purchases
People that have a large amount of Bitcoin and actually want to use them ( you remember this is the actual purpose of the cryptocurrency 😉) are always looking for the places where to sue their coins where they are worth something and they do not have the use regular currencies.
Fancy Now also allows just that, this online store that holds a huge selections of luxury goods is a looking at the future and sees cryptocurrencies as a means for its customer base to connect to them. They offer a large selection of of luxury shoes, high-end gadgets and much more.
Now you are able to buy your goods online by using both Bitcoin and BitcoinCash, and additionally offers a special discount for cryptocurrency shoppers.
Cryptocurrency Discount on Luxury Goods
The Fancy.com, which is a a curated luxury goods marketplace featuring well over 250,000 different high-end products, has made it known that because buyers that use cryptocurrencies will save them a lot of money they are able to offers their good on that discount.
The company doesn’t have to pay any credit card processing or fraud protection fees on orders placed with Bitcoin and this will result in lower prices. So all who pays with bitcoin (BTC) or Bitcoin Cash (BCH) are able to use the special discount code “crypto,” in their check out shopping cart can just type in the discount code “crypto,” and the price will instantly be reduced by 3%. In order to see this in the big scale is that the average customer on this site spend well over $1000 thus making even 3% worthwhile
This is what we want to see from the retail Industry!!
“Maybe we can be a part of the start of an enduring effort where all eCommerce companies adopt crypto and share the cost efficiencies with consumers.” Fancy CEO, Joe Einhorn,
Bitcoin Cash Adaptation
The Fancy.com website already started accepting crypto payments on the platform via Coinbase Merchant Tools back in the early 2013.
However, in the beginning of 2018 Coinbase discontinued the product in favor of its newer Coinbase Commerce service and suspended custodial solutions for
merchants. This had as a result that companies like Fancy had to look for an alternative as making payments in cryptocurrencies become more difficult, which is for us who love the cryptocurrency wave actually the opposite what we want to see happening
Now, along with this recent change, the online marketplace has also started accepting BitcoinCash payments.
Accepting Bitcoin Cash on Fancy is just the next step and the right step within the evolution of cryptocurrency use to create a more frictionless commerce online and gives vendors the ability to conduct transactions in the most efficient way possible while saving costs at the same time
this broker has just recently opened it doors and done this in a way that can not be ignored, understanding the direction of the market they went strong all in on the cryptocurrency market by offering numerous cryptocurrencies for trading against the Usd and Euro as well as against other cryptocurrencies.
this Forex Broker started of with a bang , . the operation is set up by people that have been active in the industry for the last 12 years and know the market inside out . this is not always a good thing but in this case it is shows itself in the fast execution and professional handling of every issue . they are as yet not regulated but work according the the standard European regulation with all compliance and other facets in place.
they keep ofr example the accounts segregated making it easier for a trader to controls ts funds. from what we gathered also by talking to them they look to become a strong market player and are in it for the long haul .
As Yet they do not offer Monero but i am sure this will change in the future. if you are new to trading or just new to trading cryptocurrencies, etoro cryptocurrencies Copy funds will help you along the way fast and easy.
The Ultimate Platform to Trade Monero CFDs
the Broker offer 4 trading platforms
UBCFX Sirix Web Trader
The UBCFX Sirix Web Trader platform offers an exclusive set of trading solutions, including social trading. The UBCFX Sirix Platform is user-friendly and easy to operate and monitor, also for new traders. The platform is available online, no download required.
Simplified & user-friendly graphics
Stay up-to-date with instantly updated data
One-click-fast trade execution
Execute, set limits and control your risk within seconds
The most innovative platform, enables Activ8’s users to trade based on technical analysis and live trade signals across several asset classes.
Smart, fully automated interface
Centered around ease of use
A functionality which will see increased broker productivity and profitability
UBCFX Sirix Station
UBCFX Sirix Station offers the ultimate combination of stability and configurability in a downloadable Forex trading platform. Its intuitive interface allows you to easily understand how to place trades, and even includes a one-touch trading option, which directs your orders to one of our top-tier liquidity providers without any kind of delay.
Advanced charting features
Calculate market patterns and news events effect easily
see how other traders react to current trading conditions
UBCFX Sirix Mobile Trader
This state-of-the-art UBCFX Sirix Mobile Trader platform is designed for our clients who work mostly from their mobiles or tablets. Using the UBCFX Sirix Mobile Platform, you can virtually take the market with you anywhere you go.
process orders by a single click at any time of the day
Real time profit/loss & interactive currency charts
Stay up to date, no down-time
Intuitive and easy-to-use
UBCFX Trading Accounts
this Broker offers different trading accounts for those looking to start trading .
the accounts are divided according to the initial Funding of your account but even the most basic account delivers more then enough benefits to get started the correct way.
UBCFX Demo Account
they offer a full service demo account where you are able to test your strategies and how the broker is handling your trading. we believe it would always be a smart way to start with a demo but now even more so as not everyone know this new trading platform the Activ8
In addition they provide trading signals that are supposed to be very good ( we as yet have not started using them but will so in the next couple of weeks and will report accordingly). they call them trading recommendations and this will tell you when to trade and what to trade
UBCFX Islamic Account
UBCFX Islamic accounts is for all those traders that follow the Islamic faith ,. it allows you to trade without commissions ans swap fees .
Now the issue is here that everything already is without Swap fee so essential every account by default is more or less an Islamic accounts but you can make it more official the moment you open an account and ask them to make sure that your account is transferred to the Islamic desk and made as full Islamic account. since you never know if some assets require some fees in the future.
UBCFX Social Trading
you have the ability to also dabble in social trading as the Sirix Platform that is developed By leverate software company also offers a social Trading part.
this helps new traders to get started and what it allows you to do is a follow profitable traders and if you find the traders you like you can actually also automatically cope their trades . you still of course decide a to copy them with how much of your capital.
The conference will introduce various topics regarding blockchain and will drive attention to the most topical problems of the cryptocurrency market today.
One of the invited experts is the Member of Swedish Parliament Mathias Sundin who is involved in the Tax Committee and the Finance Committee. The specialist has co-founded a revolutionary technological organization Warp Institute and joined financial company Goobit. At the event, the speaker will analyse the power of decentralized systems, evaluating its long-term strenghts.
Head of Digital and Innovation at Landshypotek Bank Merete Salmeling will deliver the presentation, too. She will explain how DLT can be integrated into the real estate, and what advantages it brings.
President of Blockchain Alliance EuropeTanja Bivic Plankar will join the conference as well. Being an initial coin offerings expert, she will share knowledge about ICOs, describe recent innovations in the token sale sphere and talk about the regulatory framework.
Regulatory and legal challenges coming with innovations will also be discussed by Dr. Guenther Dobrauz-Saldapenna – Partner & Leader PwC Legal Switzerland. The speaker is a lawyer, VC investor, and banking specialist. He provides business consultations and has already written 10 books discovering innovative processes, money and technology.
Go Visit the Blockchain & Bitcoin Conference Stockholm
The Blockchain & Bitcoin Conference Stockholm is a highly anticipated crypto event in Sweden. and is being held for the second time.
after the success of the first one they look to make this event a annual one. since the crypto industry is going more and more out of the shadows and becomes more mainstream you will find that the quality of people involved also grows.
this is clearly displayed in the extensive list of speakers at this event.
blockchain in various sectors: energy industry, real property, newsmaking etc.
Legal regulation of the blockchain sector
token models and their application
the list of world-renowned blockchain experts, including government officials, foreign investors, entrepreneurs, lawyers, and developers is impressive and should get this event the notice it deserves.
who should not miss this Event :
investors, business people, lawyers, startup founders, and those aiming to launch a token sale.
why should not miss this Event :
:to receive full information with case studies about the blockchain application, to discover how to comply with the legal norms in the blockchain industry, to find business partners, and to enhance your brand awareness.
Prices of the Event
Standard ticket – 240 EUR
Full access to all conference sessions
Access to demo area
Student ticket – 121 EUR
Full access to all conference sessions
Access to demo area
A valid student ID should be presented at check-in. No refunds on the day of the event.
Indicted: Local bitcoin Trader Jailed for Money Laundering
Local Bitcoin trader, Theresa Lynn Tetley, also widely known as Bitcoin Maven has been indicted for indulging in illegal bitcoin-for-cash transactions. According to the Central District of California, the LocalBitcoins.com trader has been sentenced to 12 months in prison.
She has also been handed a three-year supervised release and a $20,000 fine. A former real estate investor and stockbroker, the court ordered her to relinquish $292,264.00 in cash, 25 assorted gold bars, and 40 bitcoin.
money launderingTetley pled guilty to one count of operating an unlicensed money exchange business, and another related to money laundering. Her case is the first of its kind in the Central District of California.
Tetley was procedurally supposed to register her business with the Financial Crimes Enforcement Network, an agency of the United States Department of the Treasury.
The agency is responsible for analyzing transactions to curb money laundering and related financial crimes. She also failed to implement standard anti-money laundering protocol, including reporting of certain financial sources as per the requirements of this type of business.
Tetley is said to have traded over $6 million for clients within the United States and charged higher rates as compared to other traders within the LocalBitcoins platform.
Also noted in the court documents was that Theresa Lynn laundered bitcoin for a customer who had been suspected of having acquired the cryptocurrency through illegal activities, including drug sales on the dark web.
She also carried out a bitcoin to cash transaction for an undercover agent who had explicitly declared that his bitcoin was tied to narco-trafficking operations.
According to the report, Tetley’s service was responsible for fueling the growing use of cryptocurrencies to launder money and supported a black market system set up purposely to circumvent the law.
The organizations involved in her investigation included the IRS Criminal Investigation and the Drug Enforcement Administration.
Just One of Many
That said, the government has been committing significant resources to counter the crypto – dark web menace, and earlier this month, a major sting operation was carried out against a major money laundering network. Thirty-five suspects were arrested.
One individual, identified as John Edward Monette, was charged with Conspiracy to Distribute a Controlled Substance. He was also alleged to have carried out numerous bitcoin for cash exchange transactions on the dark web, most of them in 2017 and totaling about $19,000.
Another dark web vendor busted during the operation, Ryan Farace, 34 was indicted for being involved in an alprazolam tablets manufacture and distribution scheme.
He sold the drugs on the dark web, with all transactions being made in bitcoin. Additional digital currency money laundering transactions were made to conceal the sources.
EOS is a cryptocurrency that was introduced in 2017 and is based on blockchain and smart contracts. Its key features are scalability, decentralized apps, and huge throughput (a few million transaction per second).
This is another step towards developing our crypto portfolio.
Our clients do value the flexibility and state of the art technologies we offer them As for us, our mission is meeting their expectations and constantly improving the trading conditions by opening the door to new instruments and opportunities.
This Broker has been on the forefront of crypto trading on the Metatrader 4 and Metatrader trading platforms from the beginning and pushing for more and more trad-able assets to be added to their offering .
it took this broker a little bit of time but now that they got them selves into the cryptocurrency trading arena they come to lead the pack. this in combination with their the trading platforms they are offering makes this a broker to take notice of.
as yet there are not enough brokers that offer metatrader 5 and especially one where you are able to trade bitcoin ethereum, litecoin and now also EOS.
RoboForex is a brokerage company catering to clients from various countries. The broker’s focus is providing the traders with access to its own financial market platforms.
RoboForex Ltd is a licensed company (License No. IFSC/60/271/TS/17).
Bit gold was one of the earliest attempts at creating a decentralized digital currency, proposed by blockchain pioneer Nick Szabo in 1998. Although the Bit gold project was never implemented, it’s often regarded as being the direct precursor to Satoshi Nakamoto’s Bitcoin Protocol.
Bitcoin and BitGold
There are many similarities between Bitcoin’s architecture and the Bit gold proposal, particularly in the technical mechanisms used to process transactions and secure the decentralized network.
Both Bitcoin and Bit gold are powered by a POW-based consensus algorithm in which computing power is spent to solve cryptographic puzzles. The solution to those puzzles is then processed through a Byzantine Fault Tolerant(BFT) peer-to-peer network. Finally, a cryptographic hash chain is created to link the most recent puzzle’s solution to the outcome of the following one, thereby validating blocks of transactions. This process for posting transactions to the network is consistent between Bitcoin and Bit gold.
Bitcoin is distinguished for solving the double-spending problem, which the Bit gold proposal could not at the time. Bit gold’s proposal called for a Byzantine method that relies on a quorum of network addresses rather than a quorum of(hash) computing power. This made the Bit gold network overly vulnerable to Sybil attacks. Bitcoin, on the other hand, added block confirmations to successfully protect against double-spending.
Bitcoin successfully realized the intent of Bit gold and is currently a fully functional protocol, serving roughly 20 million users globally, as of May 2018. The two protocols draw such close parallels that people often speculate about Nick Szabo being the anonymous Bitcoin creator, Satoshi Nakamoto(despite his denial.)
Why Was BitGold Created?
Bit gold was inspired by inefficiencies of the traditional financial system and the use of precious metals as currency.
Traditional Financial System Inefficiencies
Szabo points out that the traditional financial system requires parties to invest a great deal of trust in order for transactions to take place. For example, If somebody were to accept a loan from a bank, the bank must then trust that person with repaying the loan as agreed. Similarly, clients of a bank must trust that their money is properly secured and not being misappropriated by the bank.
Transacting through trust-based systems leaves opportunity for costly problems such as fraud or theft. A study conducted by Lexis Nexis in 2009 showed that merchants in the United States are losing approximately $190 billion a year to credit card fraud. The traditional financial system’s consistent large cost of losses and siloed architecture motivated Szabo.
Bit gold was introduced to provide a more trustless model for transacting. Szabo’s presentation at the 2015 Bitcoin Investor Conference helped highlight the underlying purpose of Bit gold as being“software to minimize vulnerabilities of all parties to each other.”
When asked about the intent of Bit gold, Nick Szabo explained,“I was trying to mimic as closely as possible, in cyberspace, the security and trust characteristics of gold, and chief among those is that it doesn’t depend on a trusted central authority.” Szabo’s response was describing the defining characteristics of a decentralized network, which Bitcoin successfully implemented a little over a decade later.
BitGold as an Improvement to Precious Metals as Currency
Bit gold was an attempt to replicate the economic properties of gold(gold’s unforgeable value) while improving its security properties.
Szabo argues that gold has historically lacked security. He references historical events such as the Spanish looting of the Aztecs and the English looting of the Spanish to acknowledge that physical gold can be acquired through force. Szabo also discusses contemporary political threats, giving the example of President Franklin D. Roosevelt’s executive order of 1933, which required Americans to surrender much of their gold to the federal government.
The Bit gold proposal was revolutionary in that it utilized advanced principles of computer science(likeencryption) to devise a new, trustless financial system. The proposed decentralized network offers individuals a degree of monetary sovereignty that physical gold could not. Bitcoin expert Trace Mayer describes monetary sovereignty for individuals as“a way that people can hold the private keys to their own wealth.”
Possessing your wealth first-hand is quite directly the purpose of owning gold, but decentralized financial networks, like that proposed by Bit gold, suggest that personal wealth control can be accomplished in a more secure, digitized, and trustless manner.
Benefits Proposed By BitGold
Bit gold’s trustless financial model proposed a set of unprecedented benefits for users. In particular, Szabo envisioned two key features of a trustless system:
Independence From Financial Institutions
Through a decentralized Bit gold network, users could transact securely without needing to trust or pay a financial institution to administer those transactions. The Bit gold network itself would provide the functionality of accurately tracking user account balances and processing legitimate transactions. Additionally, users are in possession of the private keys to their own wealth(monetary sovereignty.)
These characteristics in combination meant that transactions and storing money could take place virtually and independently, removing the dependence from financial institutions.
Seamless Operation Across Borders
The traditional financial system has many silos. Sending money across borders can take anywhere from a couple of days to weeks to fully go through. This is because banks must undergo a very rigid and regulated process to send money to other financial institutions before those funds can reach the intended party.
Decentralized networks like Bitcoin and Bit gold remove these silos and create the ability to process cross-border transactions within minutes. Again, these benefits were not realized with Bit gold since the model was never implemented, but are currently being realized through Bitcoin’s Protocol.
After discussing the inefficiencies of both precious metals and trust-based financial systems, Nick Szabo puts forth the vision for Bit gold:“Thus, it would be very nice if there were a protocol whereby unforgeably costly bits could be created online with minimal dependence on trusted third parties, and then securely stored, transferred, and assayed with similar minimal trust. Bit gold.”
Bitgold was the first feasible proposal of a decentralized financial network.
Nick Szabo conceived of Bit gold after addressing inefficiencies of the traditional financial system and the use of precious metals as currency.
A decentralized financial network(Bit gold) could remove dependence from financial institutions while providing seamless operation across borders
The vision of Bit gold was realized by Bitcoin over a decade later and the two protocols share a very similar architecture.
To find out more, check out Nick Szabo’s Bit gold post on his blog Unenumerated.
Three Strategies for Choosing What Cryptocurrency to Invest in Next.
You’ve probably thought it at one point or another: “I missed the Bitcoin payday. How do I decide what cryptocurrency to invest in now that I know about the market?”what will be the Next Bitcoin
The bad news: It’s unlikely that any other cryptocurrency will see the same astronomical growth that Bitcoin experienced over the last few years, and impossible to predict it.
The good news: There’s still plenty of opportunities to invest in up-and-coming cryptocurrencies that could potentially bring you 10-100x returns. This comes with a heavy note of caution, because as you may know, cryptocurrencies are incredibly volatile. This is not investment advice, and you should gain/lose money on your own research and intuition.
In this article, we’ll go over some basic strategies you can follow when searching for what cryptocurrency to invest in next. We’re focusing on high risk, high reward options here. If you’re looking for general investment tips, you should check out our article on how to build a proper cryptocurrency portfolio instead.
Scour Initial Coin Offerings (ICOs)
Initial Coin Offerings (ICOs) have quickly become the standard for blockchain startups to raise funding for their project. In an ICO, the team hosts a crowdsale in which you purchase tokens that you can use on their platform. You can also trade these tokens in the secondary market (exchanges) after the ICO.
For example, Golem held an ICO to distribute the first GNT tokens. The purpose of these tokens is to purchase computing power in the Golem network, but traders also buy and sell them on exchanges.
Participating in ICOs can be a lucrative trading strategy. If you invested in the NEO crowdsale (at the time the project was called AntShares), your return on investment (ROI) would be ~160,000% currently. Populous, about 5,000%. OmiseGo, around 4,000%. You get the picture.
ICO gains do come with the highest amount of risk, though. The majority of ICOs will fail, and already almost half have done so already.
It’s important that you do your due diligence when picking what cryptocurrency to invest in pre-ICO. There are a ton of things to look at when evaluating a cryptocurrency, but the most important attributes are:
Team and advisors – The team should have experience in blockchain technology or at least the industry that they’re targeting. Preferably both. Having reputable advisors is also a strong sign that the ICO could succeed.
Clear problem/solution – The project’s white paper should clearly define what problem the project is aiming to solve and how the cryptocurrency solves it. Make sure it’s not just a document full of marketing BS.
Token distribution – The team should be distributing over fifty percent of the tokens to crowdsale participants if not much, much more. Be hesitant about projects in which the team and advisors keep a significant proportion of tokens.
Other things to take note of are: any notable partnerships, whether the team has already created a product, and the size of the industry they’re targeting. All of these things could lead to a favorable investment.
Check Lesser Known Exchanges
Even if you missed your chance to participate in an interesting ICO, you can still invest once the coin hits exchanges. At this time, there’s often a brief spike followed by an immediate dump as ICO investors look to cash-in on short-term gains. This is a prime opportunity to get coins you’re interested in for ICO-level (or even lower) prices.
Beyond the short post-ICO period, you still have time to invest in a coin before major exchanges begin to list it. Cryptopia and decentralized exchanges such as IDEX are goldmines for these types of coins. The same research strategies mentioned above apply to coins in this category as well.
Search through coins with a small market cap (<$100 million) that haven’t been listed on a large exchange like Binance yet. You can check CoinMarketCap to see which exchanges coins are on. Make sure you research appropriately and find coins that you believe to have solid fundamentals.
Once you’ve found a coin you’re confident in, purchase it, and (this is the hardest part) wait. It could take days, weeks, or even months for your coin to reach a respectable amount of awareness. If you truly believe in the fundamentals of the coin, though, this time-frame shouldn’t matter. Once the coin joins a major exchange, feel free to trade it accordingly.
Time Important Events
Another popular strategy in selecting what cryptocurrency to invest in is to choose coins based on project roadmaps and event calendars. This is a short-term strategy and usually much harder to execute than the other ones that we’ve covered.
The price of cryptocurrency tends to rise after an important partnership announcement or development milestone. If you follow certain projects on Twitter or are active in their Telegram channel, you usually find out about these announcements ahead of the less involved general public.
With that information, you can sometimes buy into a project early and ride the wave up following the announcement. This has some potential downsides, though. Correct timing is incredibly difficult to accomplish. And, in a bear market, even the most impressive announcements can get crushed under the negative sentiment.
Additionally, the rest of the market may not react to the news the way that you expect. A recent example of this is Verge’s PornHub partnership announcement. While some supporters saw this as positive news, the majority of the market didn’t, and the price crashed accordingly.
Most importantly, you just need to stay vigilant when looking for the Next Bitcoin and to find what cryptocurrency to invest in. New investment opportunities occur every day when you’re actively looking for them. Join subreddits, follow crypto traders on Twitter, constantly research new projects – in essence, engulf yourself in the blockchain space. You never know what gems you’ll stumble upon.
” Finding the Next Bitcoin” Originall Published at Coincentral here
Steven is a managing editor at Coin Central and a blockchain investor. He’s also the co-founder of Coin Clear, a mobile app that automatically turns your daily spending habits into cryptocurrency investments.
Blockchain tech – so revolutionary in nature that some are calling it the “new internet.” It has applications in just about every industry, and has completely altered the way we think about internet security, the processing of information, and the speed of transactions.
Blockchain is the technology that supports the digital currency or cryptocurrency called Bitcoin –
however this is not what it is really about as it has a far wider scope of applications and is being commercialized in a growing number of areas.
It has generated much interest in technology circles and beyond, because of the new possibilities it opens up in financial services, the public sector and other areas.
According to sites like BitFortune.net, blockchain tech is definitely worth keeping an eye on due to the myriad of benefits it provides.
Blockchain and Bitcoin are not the same thing – Bitcoin is implemented using blockchain technology, but blockchain technology can be used in contexts much wider than Bitcoin or other cryptocurrencies. so when we are talking about the blockchain we are talking about a combination of a number of technologies, these including:
The blockchain data structure.
Public key cryptography.
Part of what makes it so exciting is that it is completely open source. As a result, there are already a number of interesting blockchain apps, and the number is growing daily.
The technology is so secure that it is already being used by DARPA to secure military data. Various governments around the world are working on ways to use the tech to protect their own data.
The tech is tamper-proof, and the data stored within it is permanent. It cannot be erased or altered, and this is what makes it so enticing to those needing more secure networks.
But there is more, folks. (Okay, so that sounds a bit like an infomercial, but the benefits are real nonetheless.) Transactions can speed across the network – taking only as much time as it takes for them to be authorized.
The blockchain cannot be described just as a revolution. It is a tsunami-like phenomenon, slowly advancing and gradually enveloping everything along its way by the force of its progression.
The system runs without the need for an intermediary, and this reduces the time it takes to execute transactions. This, and the unique way that the tech works, means that costs are significantly reduced as well.
What makes it so revolutionary is that the information is spread across every computer within the network. With Bitcoin, that means the data is securely “backed up” over thousands of computers.
Now, it is unlikely that banks will entrust their data to a public network in the same way, but they have been working on creating networks of their own instead.
The potential savings in terms of cost and time are extensive. If you want to learn more about these savings, check out the infographic below.
Blocksquare takes Real estate Investments to the masses with their Series A Crowd sale
EUROPE – April, 2018 – Blocksquare, a leading blockchain-based system that provides online real estate platforms a unique and new format as how to utilize blockchains to tokenized the real estate market, announce the opening of its Series A crowd sale.
Along with the launch of the Crowd sale, the company announces its first real estate property pilot program to be tokenized by Blocksquare.
With the turbulent state of the market in mind , the Series A crowd sale has a cap of 300,000 USD total and a price of 0.25 USD.
the pilot project which is performed with a partnership of Genii Capital presents the small investors the opportunity to buy into a popular multi-unit real estate property occupied by students in Ljubljana, Slovenia.
This was a well worth consideration as a pilot project for the following reasons:
1. The units sell out each year, making it a favorable investment and an opportunity for backers to acquire a fraction of a rent-generating property.
2. With more available properties comes more rent, which means higher demand for the Blocksquare token (BST).
Blocksquare isn’t just another ICO hoping to capitalize on the nascent cryptocurrency market.
There is more to come from Blocksquare
It is planned that after the initial pilot project additional projects are brought forth in SwitzerlandLuxembourg andCroatia.
The reason behind the cap on the total amount of tokens to be releases is for Blocksquare the natural token flow and achieve greater impact on the crypto economy.
So why would this be interesting for small investors?
It allows people to enter without any minimum requirement. All that is needed is for the person to have an internet connection to purchase his or her tokens. It opens the global real estate market to the little people something that the entire concept of block chains supports.
They set themselves apart from other ICO’s this way as almost all other ICO’s are trying to get as much funding as possible, talking about millions.
Blocksquare’s network gives anyone the opportunity to trade tokenized assets freely and without too much hassle. In addition, the fact that here are no long-term obligations, gives people that are looking to get into the cryptocurrency industry an easy in.
To join this venture you will just open your browser and go to an online commercial real-estate company’s and use a widget similar to PayPal, to start.
Imagine the implication here. You receive a bit of money fro your aunt and instead of putting it at the bank where it will not do anything for you, you buy a bit of real estate that potentially will earn you money straight away.
“Taking in funding through a multi-series model allows us to be flexible, which is necessary in afluctuating market where conditions are not always perfect for ICOs,”
“Our community of supporters and people who share our vision are invaluable to us, so we’ve lowered the Series A token sale price and are offering all contributors an extra bonus due to the market drops. We’re building a strong community and are confident that our multi-series token sale model is the best approach for bringing real estate options to everyone.”
said Denis Petrovcic, co-founder and CEO at Blocksquare.
The details of the Crowd sale are here Below:
Series A Crowdsale: April 18th, 2018, 1500 GMT
Cap: 300,000 USD
Token Price: 0.25 USD
Minimum contribution: 0.2 ETH
Early-bird bonus for the first 60 minutes: 25%
25% bonus ➡ April 18th 15.00 GMT — April 18th 16.00 GMT
15% bonus ➡ April 18th 16.01 GMT — April 22nd 16.00 GMT
7% bonus ➡ April 27th 16.01 GMT — May 4th 16.00 GMT
no bonus ➡ May 4th 16.01 GMT — May 11th 16.00 GMT
Built on the Ethereum network, Blocksquare is developing the infrastructure and standard for real estate tokenization and fractional ownership to open real estate ventures for the everyday internet user.
Making the Blocksquare Team stronger
In order to get themselves to the next level the company also understood it needs reinforcements of professionals that have the experience and know-how to matter.
As such they have acquired the services of the CEO of the prestigious real estate investment house The Blackmore Group, Philip Nunn.
Mr. Nunn will join the Advisory Board and with his experience and specializations in wealth management, angel investment, commercial property investment and financial technology, Mr Nunn will bring some additional knowledge and wisdom to this already smart group of people.
When people were saying that the future is here, they were only understating it. We can actually see the future taking shape by efforts like these.
Join the official Blocksquare group on Telegram to communicate with the team about the project and the token crowd sale here: https://t.me/blocksquare
Blocksquare, a blockchain system for commercial real estate tokenization, announced its crowdsale is open today, with a strong foundation in its first upcoming real estate pilot project.
Unlike other ICOs looking to capitalize on the crypto market, Block square is focused on building a strong community to bring real estate investment options to everyone. In response to market fluctuation, Blocksquare adjusted its crowd sale cap and is offering an added 25% bonus for backers. Blocksquare’s first real estate property pilot program is a multi-unit real estate property occupied by students. The favorable investment option allows backers to acquire a fraction of a rent-generating property –creating higher demand for Blocksquare’s token.
Cryptocurrencies are a form of a virtual currency, it purpose is to function as a medium of exchange making it the same as regular money in many regards.
The normal fiat currency everyone knows is controlled by the banks and the governments and altogether you have no control on this. This is where cryptocurrencies are different.
They work on the concept that the cryptocurrency is decentralized and works through a blockchain, a public transaction database which functions as a distributed ledger.
The time for cryptocurrenies is NOW
Of course we can go in deep and write a 600 pages book on this. But i expect you do not have the patience for reading that. so let’s just say that it is important to know that everyone is using them already. maybe they are not aware of it but they are everywhere and money that goes from your pay-slip to your bank is as virtual as this.
One of the Main difference is that every other cryptocurrency is based on the absolute consensus of all the participants with regard to the legitimacy of the transactions and balances.
2017 was the year of the cryptocurrencies, they went big. At the start of 2017, the market cap of all the cryptos combines stood at already amazing mount of $18 billion. But if we move 12 months forward this amount had surged by over 250,000% to surpass a market capitalization of $520 billion. The most famous Crypto currency Bitcoin took care of around 50% of this growth after that ethereum and Litecoin and then the rest follows Bitcoin.
This went of course with a huge amount of noise, with banks and governments screaming and threatening as they lost some control on their financial situation.
At the same time this growth has attracted many institutional and individual traders and investors.
To just name one of the most famous ones, JP Morgan & Chase bank announced in late 2017 that it would start accepting Bitcoin. Cryptocurrencies had reached a growth stage where traders are actively looking for the best cryptocurrency brokers who will help them make a profit just like it is the case in Forex, Indices, Commodities and stocks trading.
if we look at why trade Cryptocurrency as to why not only forex ? there are a few key differences and these have less to do with the actual trading and more with the conditions of trading
You can trade cryptocurrency from anywhere on this planet and a . A person in France can trade their crypto coins with a person that sits in Chile or Antarctica. Since the price & rates of the cryptocurrency are not related to the country someone is sitting in everyone is able to trade it. The local economy is not related.
It is very volatile. The price moves sometimes faster than on regular forex ad when it moves it is able to move much more then in regular forex. This make sense as in forex the price is related to an economy and for a currency to double or collapse some enormous dramatic events have to be taken place.
It can be traded 24/7. Trading cryptocurrency wholly depends on an individual trader and not on time. This is what sets it apart from for example the stocks that one are able to be traded during normal business hours of the stock exchange.
There are of course many more reasons, but these are the operational reasons that set the cryptocurrencies apart from the forex and other financial instruments that you are able to trade online.
The market also has shifted that today online you are able to find broker that the only thing they offer for trading are cryptocurrencies. I am not talking about forex brokers offering now Bitcoin , but Cryptocurrencies Broker that offer numerous Crypto’s for Trading and thus you as a trader are able to trade so many different pairs and crypto’s that everyday at any hours you will be able to find a trading opportunity.
here are 2 of the Best Crypto-currency Broker for your convenience
is a new cryptocurrency friendly CFD investment brokerage that operates under the supervision of Zed Consult Ltd and was introduced to the online marketplace on November 7th, 2017.the offer trading in Numerous cryptocurrencies and you are able to also fund your account in crypto.
Weber finance (https://weberfinance.com)
a cryptocurrency Broker in the truest form. they offer several cryptocurrencies trading on a dedicated Trading Platform.
Why trade Cryptocurrency | and should you start trading too ?
Last words :
for beginners there is the simply logic of learn before you trade, trading brings the risk of losing your investment. so never put more then %5 of your portfolio on one trade and read and learn , many brokers have demo accounts
If you look at the market and industry today you see that cryptocurrencies are as hot as ever, thou they lost a bit of the hype that was soaring in the end of 2017, they are still the most exciting industry today.
The development and maturing of this industry will affect everyone and people that understand this will benefit more then those that do not, it is just that simple.
This said there are so many IO’s coming out and so many new cryptocurrencies launched that it can become a bit daunting to try to follow all.
There I actually no need for that as with most thing the best ones will stay, and many others will just slowly disappear.
People tend today to trade these cryptocurrencies before that actually invest in them.
The reason for this is clear as when you are trading you are able to make money on the rise but also on the fall of a crypto.
You don’t actually buy or sell any real cryptocurrency and do not need a wallet, what you in fact are doing is trading on the price changes of this cryptocurrency.
As we have seen with bitcoin that dropped after it was at a rate close to the $20,000 back to below $10,000, this move makes many people say that this is a bad investment but they tend to forget that at the beginning of last year Bitcoin did not even pass the level of the $1,000.
What are cryptocurrency Brokers?
Traders today have for trading currencies , indices and commodities always turned to the numerous forex brokers that offering trading services for this , companies, etoro, avatrade and GKFX to just name a few. There literally hundreds of such companies and some are good others are bad.
These companies are often regulated through regulations like Cysec, FSA and other regulatory entities. The regulation required the brokers to work in a certain format to avoid money laundering and at the same time protect the traders from scam brokers.
After this the Binary options Broker came along.
These brokers offered a different kind of trading which also required most of the time a different trading platform. Where forex brokered in general offered metatrader 4 or metatrader 5 from metaquaotes. Or had their own trading platform like etoro binary option brokers used other providers like the trading platform like spotoption .
Now with the new market of Cryptocurrencies there is a new type of broker.
The cryptocurrency brokers.
These brokers also have their own trading platform that is dedicated to trading cryptocurrencies, you will be able to trade these currencies against the main valuate like the USdollar British pounds, euro and other majors. Or you will be able to trade one cryptocurrency against the others, the last one is in general not offered by the forex brokers and might actually be even more interesting to trade then for example Bitcoin against the Dollar.
The Platform is very easy to use and fully mobile compatible because there are still not a huge number of cryptocurrencies that one can trade the platform looks simple and not over crowded.
Trading in MT4 one does for the charting and I have to admit that some of the charts and EA’s that you have in MT4 could benefit the crypto trader. s there is room for improvement in this matter.
Now there are new brokers that are not offering the standard trading platfor
m the Forex industry offers but are going only for thee dedicated cryptocurrency trading platform for example AirsoftLTD. These brokers like WeberFinance and Xcoinbrokerare not regulated but full-service brokers that look to make a name for themselves and establish a broker for the long term.
They offer leverage and margin like the forex brokers but you are in general also able to fund your account with the cryptocurrencies.
Should you Use a Crytobroker instead of a Forex Broker?
This depends on what you look to trade. The Forex industry will never make cryptocurrencies it is main tradable assets , this you will notice in the daily analysis and market pates as they are more stock, commodities and regular currencies related . same for the market view.
The cryptocurrency broker focusses only one thing and that is cryptocurrencies. So, this is their bread and butter and this you will feel.
Xcoinbrokerfor example has a very thorough market analysis for its main cryptocurrencies and weberfinance offers a crypto news section on this trading platform.
So yes, if I plan to trade only crypto I rather do this with a broker that is only offering crypto trading.