3D-Token ICO: The Creation of a Revolutionary, Decentralized, Blockchain-Based Factory 4.0

3D-Token announces that they have reached the soft cap in their ICO, raising more than one million dollars.

London/Turin, January 3rd, 20183D-Token is leading the way in creating a blockchain-based factory of 3D printers. The overall goal of the project is to grow it to 1,000 network members and 3,000 3D printers, which will then reach 24 million hours of “Network Robots’ Workforce” per year.

Soft Cap Reached

The 3D-Token presale began on December 18th, 2017, and the soft cap milestone was reached on December 28th, 2017. The total amount raised was one million dollars. Now the ICO Step 1 phase is underway, which will last through January 14th. Contributors can gain a 40% bonus in tokens by spending at least 3 ETH.

The ICO Step 2 for 3D-Token will begin on January 15th and last through January 28th. In this phase, investors can gain a 30% token bonus by spending at least 2 ETH. Finally, ICO Step 3 begins on January 29th and lasts through February 11th. Contributors can gain a 25% bonus in tokens by spending a minimum of 0.1 ETH.

New Features

Starting on January 1st and moving forward, contributors who hold their 3DTs will be granted a periodical profit share from the Network that will be send directly to their wallet address.

The IPO on a regulated stock market exchange for 3D-Token is slated for Q3/Q4 of 2019. Those contributors who are still holding 3DTs will be granted shares in the stock market-listed company. The conversion rate for tokens to shares is to be determined and is also subject to a successful IPO.

An external exchange service for USD/ETH is now being offered to qualified contributors. In addition, 3DTs are now tradable on www.EtherDelta.com.

For more information on 3D-Tokens, visit the website or read the whitepaper.

Images courtesy of Pexels.

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Source: bitcoinist
3D-Token ICO: The Creation of a Revolutionary, Decentralized, Blockchain-Based Factory 4.0

Malaysia Will not Consider Cryptocurrencies as Illegal, Says Deputy Finance Minister

A lot of countries around the world are actively contemplating Bitcoin regulation. When that happens, one of two things will happen. Either the government bans cryptocurrency altogether, or they allow it to thrive. In Malaysia, there have been conflicting reports about what the future may hold for Bitcoin. Deputy finance minister Datuk Seri Johari Abdul Ghani stated how there is no plan to effectively deem cryptocurrencies to be illegal. That is good news, although the actual regulation has yet to be presented to the world.

Malaysia is not a region most people associate with major cryptocurrency activity. That is not surprising whatsoever. The lack of clear Bitcoin regulation makes it difficult for consumers and businesses to embrace cryptocurrency. Thankfully, that situation will come to change very soon. The local central bank is actively working on regulation. The big question is how positive or negative these new guidelines will be in the end.

Malaysia Won’t ban Bitcoin After all

Some sources claim Malaysia wants to ban all cryptocurrencies. It would appear to be the most logical outcome, after all. However, the local deputy finance minister surprised us all by contradicting such statements. More specifically, there is no plan – or reason  -to consider cryptocurrencies as illegal. The country wants to pursue every option for financial innovation. Bitcoin and other cryptocurrencies can certainly play a big role in this process.

Deputy finance minister Johari comments as follows:

“The government is fully aware of the need to strike a balance between public interest and integrity of the financial system, similar to any financial and investment schemes, there is a need to have proper regulation and supervision to ensure any risk associated with such schemes are effectively contained.”

This semi-positive approach to cryptocurrency regulation is somewhat surprising. After all, Asian countries are mainly leaning toward banning cryptocurrency activity altogether. Malaysia may reap some of the economic advantages of taking this approach. It will be interesting to see what the actual Bitcoin regulation will entail when it is made public, though. For now, there is still no official ETA on when these guidelines will be presented.

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Source: newsbtc
Malaysia Will not Consider Cryptocurrencies as Illegal, Says Deputy Finance Minister

Bitcoin Price Finally Recovers to $15,000, Factors For Another Surge in 2018

Subsequent to a major correction that occurred on December 17, the bitcoin price has struggled to recover to $15,000, remaining stable in the $13,000 region.

Analysts Optimistic

From December 22 to January 2, with the exception of December 27, the price of bitcoin has remained below $14,000 for nearly two weeks, sparking concerns from long-time investors and analysts.

Some cryptocurrency researchers and investors have predicted the price of bitcoin to fall below $10,000, prior to regaining momentum and surging towards $20,000 and establishing a new all-time high. While many investors have predicted the price of bitcoin to surpass $40,000 in 2018 by achieving a trillion dollar market valuation, analysts have claimed that the price of bitcoin would likely suffer a big correction before initiating a rally.

“Bitcoin could be at $40,000 at the end of 2018. It easily could. There’s a big wave of money coming, not just here but all around the world. What’s different about these coins than other commodities … there is no supply response here. So it’s a speculator’s dream in that as buying happens there’s no new supply response that comes up,” said Novogratz.

In late December however, Novogratz stated that he has halted his cryptocurrency hedge fund because of the market conditions. He stated that the price of bitcoin could drop to $8,000 in the short-term as a result of a major correction.

“We didn’t like market conditions and we wanted to re-evaluate what we’re doing. I look pretty smart pressing the pause button right now,” Novogratz added.

Fast forward two weeks, a major correction has not occurred and the momentum of bitcoin has started to build up with a staggering 15 percent increase in value within the past 24 hours.

Given the recent rally of bitcoin, analysts have started to express optimism towards the mid to long-term price trend of bitcoin throughout 2018. The integration of bitcoin by some of the largest financial institutions in the global market including the New York Stock Exchange (NYSE) and Chicago Board Options Exchange (Cboe) have also triggered the demand for bitcoin from investors in the traditional market.

Most recently, billionaire entrepreneur and investor Peter Thiel invested a massive amount of money in bitcoin, demonstrating his confidence over the entire market entering 2018.

Potential Factors For Surge

Analysts are particularly optimistic in regard to the filing for six bitcoin exchange-traded funds (ETFs) by NYSE and Cboe, as the introduction of ETFs will further increase the liquidity of Bitcoin especially for accredited investors in the traditional finance sector.

Despite its recent price slump, investment in bitcoin by key players within the finance sector such as Peter Thiel demonstrate that the cryptocurrency has the potential to increase by large margins throughout 2018, especially if it can improve in terms of scalability and market infrastructure.

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Source: newsbtc
Bitcoin Price Finally Recovers to ,000, Factors For Another Surge in 2018

PR: LetBet Announces ICO to Revolutionize Online Gambling

LetBet Announces ICO to Revolutionize Online Gambling

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release.

LetBet will issue its cryptocurrency named LBT to enable a decentralized, trustless, and fast online gambling protocol powered by blockchain.

Belize: Blockchain-based online gambling platform LetBet is releasing its own digital currency named LBT to disrupt the status quo of traditional online gambling systems – delays, unfair payout systems and the innate trust on a potentially corrupt third party. Hence, it will revolutionize the online gambling industry and aims to bring the industry to a new future in the next few months.

The online gambling industry is currently valued at about 500 billion USD. This amount is increasing continuously and is slated to reach nearly 1 trillion USD by 2021. Given the development of internet and mobile, the online gambling industry will become a big boom in the very near future. This sector consists of many business models & technologies, including Sports Betting, Online Poker, Casino Games, Online Bingo and Online Lottery, among others.

The online gambling industry is also filled with lots of perceptions and views from both the players and those who are closely observing the industry. These concerns include illegal tax avoidance, player discernment, security, unreliability, myriad regulations and so on.

Most importantly, in a typical online gambling system, players rely on a trusted third party to carry out the game. A major solution for a fair gambling system is a trustless gaming platform. With LetBet, there is no need for trust. Smart contracts will automatically reward all the key contributors including game developers, referrers and operators of independent platforms.

The end users (players) are central to the LetBet system. All games would be written in smart contract, where no-one could control the game or its outcomes. The platform also extends to developers who are interested in bringing along their business model through LetBet. Bookmakers can join and build a new online gambling platform that is trustless, private, anonymous, reliable, secure, transparent and fast.

These values are achieved thanks to LBT or LetBet coin. All transactions, starting from the funding of players’ wallets, search for games, placing of the bet, to the automatic payout systems, will revolve around, or be powered by, the LBT.

This platform also supports players from countries with strict regulations on gambling. As a result, it will generate a free and fair environment for online gambling on a global scale. Participants including game owners, developers, bookmarkers, players, and bankrollers throughout the globe who take part in the community development of deploying smart contracts can earn LBT. LetBet earnings are shared between contributors. The value of the LBT will grow along with the number of players and games in the system.

LetBet ICO

LetBet will start its ICO crowdsale on 25th February 2018 to allow investors to purchase the platform’s native LetBet tokens. LetBet has set the total cap of its token to 199M for sale during the period, out of which, a total of 20M LBT will be issued during the pre-sale. 70m LBT will be issued out during the crowdsale.

The pre-sale will kickoff on the 20th Jan 2018 and end on 14th Feb 2018.
LetBet will distribute LBT at the starting price of $0.5 per LBT with 70% bonus on first purchase. The price of LBT (i.e $0.5) value of Bitcoin or Ethereum would increase each day throughout the 30 days of ICO.

Note: To benefit earlier investors any leftover coin after the ICO will be burned.
For further information about the LetBet platform, please visit the LetBet official website at www.let.bet. The Whitepaper offers comprehensive information about the project and its strong market potential.

Company name: LetBet
Company address: Goldson Highway, Belize City, Belize
Company site: https://let.bet
Company contacts: [email protected]

This is a paid press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.

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Source: bitcoin.com
PR: LetBet Announces ICO to Revolutionize Online Gambling

Community-Focused Exchanges with Proprietary Tokens Are Prospering

Community-Focused Exchanges with Proprietary Tokens Are Prospering

“Community” is a word that is synonymous with cryptocurrency projects, but aside expressing a desire to develop a strong user base, what does it actually mean? For exchanges, having a community-oriented model means consulting customers on new tokens, incentivizing participation, and creating a revenue-sharing system. Binance and Kucoin are two platforms that have tried this model, and it’s been paying dividends.

Also read: Koreans Deposited 64 Times More Fiat Into Crypto Exchanges in 2017

From Tiny Acorns to Billion Dollar Unicorns

Unicorns – startups valued at over $1 billion – are almost as rare as the magical beasts they’re named after. Uber, Airbnb, and Xiaomi all fit that definition. But 2017 created another unicorn, one that the average man in the street will not have heard – Binance. A recent article postulates that the cryptocurrency exchange could be “the fastest profitable unicorn in history”. It took just 143 days for Binance to ease its way into the top three and the exchange has since cemented its place there, regularly claiming the top spot for trade volume. In the last 24 hours, $5.5 billion was traded there.

Community-Focused Exchanges with Proprietary Tokens Are ProsperingThe numbers alone don’t tell the true story of Binance’ success however. It, like Kucoin, has been prospering thanks to a business model that is based on listening rather than simply dictating. The traditional model, as used by the likes of Bitfinex, Bittrex, and Poloniex, sees exchanges add new coins and tokens at their discretion, with scant regard for what the community wants. There are reasons why it is prudent not to seek consultation or post prior notice of every new coin listing. However, there are also cases where there are clear benefits to seeking user input.

Breaking the Wall of Silence

Up until summer of 2017, Bittrex was the preferred exchange of many altcoin traders. Its popularity came with a price though: the platform’s support channels were constantly badgered by developers and fans clamoring to have their coin listed. Bittrex eventually seemed to wash its hands of altcoins and tokens; since bitcoin gold, it has only made room for Enigma and Unikoingold. Binance has gratefully stepped into the void left by Bittrex’s moratorium on new coins. Each month the community gets to vote on one new addition to the site.

Community-Focused Exchanges with Proprietary Tokens Are ProsperingInstead of putting up a wall of silence, the new breed of exchanges, which also includes the likes of Gate.io and Cobinhood, appear more inclined to listen. Poor customer support and unwillingness to countenance customer feedback are two recurring motifs among exchange users. With Twitter traders earning a passive income from referral links to exchanges such as Binance and Kucoin, it is in these platforms’ interests to keep their users sweet and incentivized. Those incentives can include reduced trading fees and even a share of the platform’s revenue.

Tokenize All the Things

In an era where there is a token for everything, it was inevitable that cryptocurrency exchanges would launch their own tokens. Binance and Kucoin have been successful with theirs because there is a genuine use case for them and they add value. The former’s BNB token gained an astonishing 8,000% in 2017 and is currently trading for over $9. Kucoin Shares, which have enjoyed a similar trajectory, see holders paid a dividend of 50% of platform fees.

Community-Focused Exchanges with Proprietary Tokens Are Prospering

The route many tokens issued via ICOs now follow is Etherdelta > Kucoin > Binance, with each new exchange adding liquidity and a commensurate bump in price. In a crypto market where startups such as Cardano can achieve an multi-billion dollar valuation without having released an MVP, Binance is that rarity: a unicorn that is profitable and whose valuation is based on current performance rather than future promises.

Community-Focused Exchanges with Proprietary Tokens Are Prospering

CEO Zhao Changpeng has shown that he’s not afraid to take on established players such as Coinbase and create a viable alternative. A 100 million BNB coin burn is earmarked in future, which will further boost the remaining tokens’ valuation, and Binance also intends to introduce features such as margin trading and a decentralized hybrid model by year four. Bitfinex spin-off Ethfinex is also going down the hybrid route, showing that there’s more than one way to run an exchange.

What’s your favorite crypto exchange and why? Let us know in the comments section below.

Images courtesy of Shutterstock, and Coinmarketcap.

Need to know the price of bitcoin? Check this chart.

The post Community-Focused Exchanges with Proprietary Tokens Are Prospering appeared first on Bitcoin News.

Source: bitcoin.com
Community-Focused Exchanges with Proprietary Tokens Are Prospering

Ethereum Classic Price Technical Analysis – ETC/USD Eyes More Upsides

Key Highlights

  • Ethereum classic price is moving nicely above the $30-31 support area against the US Dollar.
  • There are two bullish trend lines forming with support at $31.50 on the hourly chart of the ETC/USD pair (Data feed via Kraken).
  • The pair might continue to rise toward the $35.00 level as long as it is above $30.00.

Ethereum classic price is moving higher against the US Dollar and Bitcoin. ETC/USD is stable above $30.00 and is eyeing more upsides toward $35.00.

Ethereum Classic Price Support

There was a steady rise in ETC price above the $26.00 pivot against the US Dollar. The price gained momentum and was able to move above the $30.00 and $34.00 resistance levels. A high was formed at $34.96 from where a downside correction wave was initiated. ETC has moved below the 23.6% Fib retracement level of the last wave from the $25.90 low to $34.96 high.

However, there are many supports on the downside above the $30.00 handle. There are two bullish trend lines forming with support at $31.50 on the hourly chart of the ETC/USD pair. The pair recently tested the 50% Fib retracement level of the last wave from the $25.90 low to $34.96 high. It is currently holding the $31.40 support and is showing a lot of positive signs. It seems like the pair is likely to hold the $31.40-50 support area. On the upside, an initial resistance is around the $33.00 level.

Ethereum Classic Price Technical Analysis ETC USD

Above the mentioned $33.00 level, the price could move above the $34.00 level toward the recent high of $34.96 in the near term. A break above the $35.00 level won’t be easy considering the current market moves.

Hourly MACD – The MACD for ETC/USD is currently in the bearish zone with no major negative sign.

Hourly RSI – The RSI for ETC/USD is holding the 50 level very well and is showing positive signs.

Major Support Level – $31.40

Major Resistance Level – $34.00


Charts courtesy – Trading View, Kraken

The post Ethereum Classic Price Technical Analysis – ETC/USD Eyes More Upsides appeared first on NewsBTC.

Source: newsbtc
Ethereum Classic Price Technical Analysis – ETC/USD Eyes More Upsides

Hooters Boosted by Backing Bitcoin and Blockchain

The New Year has started with a bang for cryptocurrencies as most of them are posting gains again on day three of 2018 during the Asian trading session. Bitcoin itself has had a shaky start but crypto fervor is still strong as a number of companies are getting onboard the blockchain train.

In an effort to boost stocks Hooters Restaurants’ investor Chanticleer has announced plans to offer customers virtual currency in return for eating at their restaurants according to a report by Fortune.

Bouncing Bits and Blockchains

Small cap stock companies can see significant gains by announcing links to Bitcoin and blockchain technology. The results from this announcement were pretty instant as investors deemed Chanticleer 50% more valuable following it. The current market value of the franchiser stands at $12 million and stock has jumped from $2.5 to over $3.75 in less than a week according to NASDAQ.

The company intends to use Mobivity Holding’s blockchain system to create a cryptocurrency based loyalty program for Hooters diners.

CEO of marketing platform Mobivity, Dennis Becke, said;

Eating a burger is now a way to mine for cryptocoins! Every meal enjoyed at any Chanticleer Holdings brand will accrue currency for the consumer that can be used for future meals or traded with other consumers.


Making Merit

The new coin called Merit will be at any of Chanticleer’s brands which include a number of burger joints. According to CEO, Michael D. Pruitt;

We wanted to expand our existing loyalty program with something that really changes the way our customers can leverage their rewards; Mobivity Merit is real cryptocurrency, leveraging the same infrastructure and principles of Bitcoin, Ethereum, Ripple, Litecoin, and more, and will enable our customers to make use of their rewards in entirely new ways.

This is not the first company to leverage the power of blockchain and jump on the Bitcoin bandwagon. Several others, including a biotech firm that changed its name to Riot Blockchain, Long Island Iced Tea which changed its name to Long Blockchain, and Hong Kong-based UBI Blockchain have all seen stocks surge as a direct result of their newfound allegiance with crypto tech.

The hype is set to continue throughout 2018 while the total cryptocurrency market capacity continues to head skywards.

Would you pick a restaurant specifically for crypto opportunities? Add your thoughts below.

Images courtesy of Flickr/fossilmike

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Source: bitcoinist
Hooters Boosted by Backing Bitcoin and Blockchain