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Apptrade to Hold ICO on OpenLedger, Mainstream Investors Expected

Source: bitcoin

apptrade

Apptrade, recently announced at CoinAgenda in Las Vegas, and covered by Forbes contributor Roger Atkins, will hold an ICO with OpenLedger.

Disclaimer: This article is sponsored by Bitcoin PR Buzz.

This ICO is one of three upcoming crowdsales on the OpenLedger platform that will reportedly bring mainstream attention to the ICO method of fundraising, according to the decentralized conglomerate.

Apptrade: ‘The Stock Market of Apps’

Apptrade, calling itself “the stock market of apps,” presents a new way for app developers and publishers to raise funding for their projects. According to a press release, the platform will let developers pool resources that everyone can use as “collateral to attract funding.”

In return, each app benefiting from the pool contributes a portion of its earnings to a shared reserve. Held on a blockchain, OpenLedger said that Apptrade’s resources come with “standardized regulatory features,” which it said will make the app attractive to institutional investors

Furthermore, with its large set of analytical tools, OpenLedger said Apptrade will allow speculators “to easily track the monetary trajectory of portfolios.”

“Apptrade’s Featured Public Offerings and digitally shared reserves have the potential to transform the App investment market in the same way as ICOs have transformed cryptocurrency investments,” said Ronny Boesing, OpenLedger CEO.

“Apptrade’s venture is an innovation in investment finance, one that could have a massive impact on the future of fundraising.”

Apptrade announced its ICO at CoinAgenda last week. Developers will offer an Apptrade-specific token in the crowdsale, which gives holders a 10 percent stake of the app’s market value and future revenue.

“We have the backing and support of [Boesing],” Apptrade founder Daniel Pineda said. “OpenLedger has built the marketplace for smartcoin creation.”

OpenLedger told press that interested investors can contact Ronny Boesing for information on pre-investment arrangements.

Do you think this project will have a successful ICO on OpenLedger? Will it really attract institutional investors? Let us know in the comments below.


Images courtesy of Apptrade.

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Apptrade to Hold ICO on OpenLedger, Mainstream Investors Expected

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Říj 29

Centz Gift Card Service to Host ICO on OpenLedger

Source: bitcoin

centz

Centz, a digital currency service letting users convert gift card balances to cash, will hold an ICO in November, hosted by OpenLedger.

Disclaimer: This article is sponsored by Bitcoin PR Buzz.

Centz: Turn Gift Cards Into Digital Cash

 

Announcing its service at Money 20/20 in Las Vegas, Centz uses a specialized digital currency called “Centz Gold Bucks” (CGB) to convert gift card balances to digital cash, letting users spend their balances on anything.

To use the service, customers create an account and load gift card balances into their digital wallets. Centz then converts the card balances into CGB and gives it to users in a single, spendable lump sum.

According to Centz, users can spend their CGB anywhere that accepts gift cards. If successful, this service could stand to make gift cards a more flexible and fungible method of gift-giving.

In a press release, Centz president Swen Swenson detailed his company’s goal in entering the gift card industry:

“Perhaps the biggest change in gift-giving is the rise of the virtual gift, in the form of e-gift cards. These transactions will be conducted online and new forms of delivery and security will need to be implemented as users find new ways to use gift cards.”

Expanding on this notion, the company wrote in a press release that it believes the $160 billion USD gift card in America (processing $435 million per day) needs innovation. They argue that up to 20 percent of the more than two billion gift cards sold in 2015 will never be used, making for $34 billion wasted.  

Centz will have stiff competition in the bitcoin space, however, with Gyft providing a similar service that has seen wide success.

Doing the same process in reverse, Gyft lets users purchase gift cards with bitcoin, storing a digital copy of the cards in an online wallet. Gyft has been a popular service for bitcoin users wanting to spend their coins at places that don’t accept the currency directly — such as Amazon.

What do you think of this new service? Let us know in the comments below. 


Images courtesy of Centz.

 

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Centz Gift Card Service to Host ICO on OpenLedger

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Říj 18

‘GAME Changer’ Announced at Coinsbank Blockchain Summit in Turkey

Source: bitcoin

coinsbank

The beautiful setting of the Mediterranean Sea on the Turkish Riviera welcomed some of the brightest minds in blockchain to the Coinsbank Summit. These industry leaders made major announcements, including a new gaming platform that utilizes expanded capabilities and in-game integration for cryptocurrency.

Also read: Industry Report: Is the End of Bitcoin Near?
When Ronny Boesing, CEO of Coinsbank, decided to have a “Blockchain Party” of some of the brightest minds in the blockchain industry, he wanted to do it in the comfort and beauty of a place where these people could share, think and network together.  This international roster came together last week (October 6-9, 2016) in Belek, Turkey and I was fortunate enough to be part of this group, and heard some big announcements from this formidable roster of blockchain thinkers and doers.

Big Industry Announcements at Coinsbank Summit

The “party” was organized by Coinsbank, which continues to grow at a feverish pace into what Boesing calls, “the new bank on the block.”  It’s clear that Coinsbank is not just interested in being a typical bitcoin wallet company, but is instead focused on offering many banking services to its customers worldwide. These services include not only a “new type of safe wallet with multi-signature hardware,” as Boesing calls it, but will provide lending services from the cryptocurrency holdings in clients’ wallets.

Other speakers attended, including Nick Ayton from SmartLedger Labs.

Ayton discussed his approach to implementing blockchain based solutions for financial institutions, where he feels innovation in this area can significantly change existing processes models and create large savings.  He particularly sees an opportunity to disrupt and improve the model for insurance product processes and pricing with blockchain technology.

Marco Streng, CEO of Genesis Mining, gave a well-detailed update on the state of crypto mining.  Streng’s company has been a leader in the area of involving individual investors to financially benefit from mining operations. He also discussed his new offering, called the Logos Fund, which has been registered with the SEC and is available for appropriate investors (minimum of $25,000).

Sergey Sholom, CEO of Datcroft, a leading gaming company gave a detailed presentation on the state of the gaming industry today.  Some of these issues involve the severe limitations that developers face including on-ramping of their funds, the severe revenue surcharges from Google and Apple to developers and a generally highly competitive environment that suppresses monetization.

Along with Nebojša Maksimović (call him Nele), Chairman of GameCredits, Sholom made a significant announcement that their joint company will integrate the cryptocurrency GAME into the fabric of games to address these issues.

Sholom pointed out that the intent was not to provide just another use of cryptocurrencies, but to ultimately provide a solution to the gaming industry that is truly different and unique in the industry, which is projected to hit over $100 billion of revenue next year.

Both saw this as a way to integrate the growing world of cryptocurrencies with a successful and growing base of games (Sholom’s company, Datcroft has over 10 million players) that will create a platform that benefits both gamers and developers.

They were very excited about the opportunity for this to not only expand the utility of the GAME coin (which has been around for a few years) but to provide an opportunity for gamers and developers to recognize the benefits of cryptocurrency as a way to build wealth and show their ability to provide a better experience for everyone.

The growth of Coinsbank continues and next year they plan on having the next CoinsBank Blockchain Party on a cruise ship in a body of water to be named later, in May, 2017.  Boesing hopes to see more leading Blockchain movers and shakers at that one, including any who may have missed this year’s festivities.

What do you think?  How can cryptocurrencies help the gaming industry?


Images courtesy of Coinsbank, International Bellhop.

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‘GAME Changer’ Announced at Coinsbank Blockchain Summit in Turkey

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Úno 08

OpenLedger and Emercoin Partner to Create ‘New Synergies’

Source: bitcoin

OpenLedger and Emercoin Partner to Create ‘New Synergies’

The Bitshares 2.0 platform OpenLedger has announced its latest partnership with Emercoin to create “new synergies” within the blockchain-based service space. The two companies want to provide an array of new concepts to the cryptocurrency and distributed ledger landscape believing each platform can better the technologies. Jason Cassidy, Chief Communications Officer at Emercoin, is thrilled about joining forces stating:

Also read: Alibaba to Possibly Use Blockchain Tech for Alipay Service

‘OpenLedger represents the future of not only digital currency trading but all digital assets. As blockchain technology blossoms there will be many more layers of innovation coming to the market and we feel the OpenLedger platform is a great example of this. Users will be able to interact with Emercoin (EMC) in many new, creative ways.’ — Jason Cassidy, Emercoin

Emercoin and OpenLedger collaborating means both services can offer new features and “bring the world a new type of trading experience.” New synergies include:

  • Create their own currency as a User Issued Asset (UIA)
  • Collateralise a new coin by creating a Market Pegged Asset (MPA). This allows a physical commodity (such as gold) to back the underlying value of the currency
  • Deploy their own real-time blockchain using OpenLedger

As well as adding each team’s innovations OpenLedger says they are looking into implementing Emercoin’s blockchain-based services within the Bitshares platform. Emercoin has recently made headlines for working with the Microsoft Azure BaaS project. The Danish registrar for OpenLedger, Ronny Boesing, CEO of CCEDK exchange says, “We are excited at the possibility of being able to integrate Emercoin’s suite of tools and services into the OpenLedger platform. Emercoin representatives will be introduced to the BitShares Community in one of coming Beyond Bitcoin weekly hangouts on Mumble, offering the community and guests a close-up opportunity to evaluate and vote on what EMC services could be brought on board and in what fashion. Services like EMC SSL have solid potential to increase the security, stability and ease of use of the OpenLedger platform, for example.” The partnership will provide insight to both companies on the technologies they offer such as Market Pegged Assets (MPA), SmartCoins, and the creation of a permissioned blockchains. Ronny Boesing told the Bitcoinist over Skype:

“With today’s announcement of Emercoin joining OpenLedger I feel it is a great new day of innovation and a day where we might already have caught a glimpse of what Openledger will be looking like in the near future. I feel personally overwhelmed by the interest in many fresh and highly professional currencies showing interest to join the platform, and expect the world to see much more to come. Wouldn’t it just be great if we all met on OpenLedger exchanging not only crypto but also ideas for progress making it a win-win situation for all.” — Ronny Boesing, CEO of CCEDK 

Boesing says for a limited time from February 8-18th all Emercoin users who sign up with OpenLedger will receive ten free Obits. Obits are the native currency of the OpenLedger network and the coin had “the first successful buyback took place on 2nd February with the result that some 49,800 OBITS were burned, equivalent to 13 BTC.” Both teams say they are excited to offer each other new ways to improve their already solidified networks and look forward to growing the partnership.

What do you think of the OpenLedger and Emercoin partnership? Let us know in the comments below.

Disclosure: Bitcoinist is not affiliated with any of the above-mentioned companies


Images courtesy of OpenLedger & Emercoin websites, and Shutterstock

 

 

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OpenLedger and Emercoin Partner to Create ‘New Synergies’

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