Dub 08

Limited Edition Ethereum Pens: Cryptocurrency’s Second Ever IPO (Initial Pen Offering)

· April 8, 2018 · 3:30 pm

Did you miss out on Ancora’s first ever Initial Pen Offering (IPO)? Wish you could’ve gotten one of those fancy Bitcoin Pens at a 50 percent discount? Well, if that’s the case, you won’t want to miss out on the luxury pen maker’s second IPO — only this time, it’s for the Ethereum Pen!


A Class Above

Founded by Giuseppe Zanini in the first half of the last century, Italian luxury fountain pen crafter Ancora has defined what it means to write with elegance and class. The company has always taken a quality over quantity approach to their collectible pens. As such, Ancora is known for producing some of the most beautiful, well-crafted and luxurious pens on the face of the Earth.

The company has already successfully crafted and sold limited edition Bitcoin Pens via the world’s first ever Initial Pen Offering (IPO). Now, Ancora is ready to launch a second IPO — this time, for limited edition Ethereum Pens.

As was the case with the company’s Bitcoin Pens, Ancora will be offering a limited supply of 888 rollerball Ethereum Pens, and a mere 88 Ethereum Pens of the fountain variety. Each pen comes with a personal production number etched into the bottom, verifying authenticity. Unlike Ethereum, the maximum supply of Ethereum Pens will remain capped for all time.

Each pen is specially handcrafted by an expert artisan penmaker, resulting in quality vastly superior to those found pumped out by factories. Owning one of these pens is a signal of superior class and style.

A Class Above

The Second Ever Initial Pen Offering (IPO)

As was the case with the company’s Bitcoin Pens, Ancora is following the traditional ICO (Initial Coin Offering) format for the sale of their luxury cryptocurrency-themed pens.

The pre-production stage is set to begin on April 8 and end one month later on May 8. During this time, customers purchasing the Ethereum Pen will receive a 25 percent discount from the production stage — and a whopping 50 percent discount off the full retail price.

Following the pre-production stage will come the production stage which will run from May 12 until May 27. During this time, customers can purchase the limited edition pens at a 40 percent discount from their full retail price.

In addition, some of the Ethereum Pens being offered are exceptionally rare, with production numbers etched into the bottoms of those pens in genuine platinum, gold, and silver.  All of the Platinum, Gold, and Silver series pens come with a customized leather pen case. 

Of course, Ancora isn’t going to stop at just Bitcoin and Ethereum pens. The company currently runs a Telegram channel, in which users can vote for which cryptocurrency they’d like to see immortalized by pen next. Ethereum obviously won out during the last vote, but not too far behind were Bitcoin Cash, Ripple, and Cardano. 

Ancora’s limited edition pens are available for purchase with Bitcoin, Ethereum and fiat currencies. However, if you want one of the ultra-rare platinum, gold, or silver pens, you’ll need to pay with digital currency only. 

For more information about Ethereum Pens, please visit eth-pen.com. To learn more about Ancora, please go to ancora1919.com. 

For real — who doesn’t want one of these luxury cryptocurrency pens? If you missed out on the Bitcoin Pens IPO, don’t miss out on the Ethereum Pens IPO. Let us know what you think in the comments below!


Images courtesy of Ancora

Bitcoinist does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products or other materials on this page. Readers should do their own research before taking any actions related to the company.

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Bře 27

Blockchain Games: A Surprising New Player in The Industry

· March 27, 2018 · 3:00 pm

Innovation in the blockchain industry continues at a relentless pace. New projects involving existing blockchains have begun to be created, allowing for the tech’s gamification. On-Chain games or decentralized application (DApps) such as Cryptokitties have captured the attention of many in the blockchain industry.


The advent of the cryptocurrency space in recent years has created a booming new market that has sparked a lot of innovation in the sector. The common blockchain startup has been to create ICOS as a medium for startups to generate capital. However, the new trend has been to create dApps on existing networks. These dApps range from payment networks to games based on blockchain technologies.

These so-called ‘blockchain games‘ have been touted as a new way blockchain innovators can interact with a growing user base. However, some question the viability and safety of these games.

CryptoKitties: What Are They?

CryptoKitties: What Are They?

In December of last year, the Ethereum blockchain was overrun with requests. Transactions that had once taken minutes to confirm began to take hours as users of the DApp game CryptoKitties began fostering their kitty collections. Users rushed to create and trade these cats as the project began to roll out. This may lead you to the question: What are CryptoKitties?

CryptoKitties is one of the first on-chain and widely adopted blockchain games. The game consists of digital kitties facilitated by a smart contract on the Ethereum blockchain. In the game, you can buy, sell, and breed cats using the smart contract.

Each CryptoKitty is unique with its own personalities, traits, and physical characteristics that allows it to be differentiated from other kitties. Players are incentivized to breed kitties in attempts to find rare traits which are unique to certain kitties. This just sounds like a way to spend free time, not money right?

Well, the game is far from free. Transactions for the CryptoKitty game have to be maintained by the Ethereum based smart contract which requires Ethereum.

So why do players agree to spend Ethereum on the game?

Players are incentivized to do so by the chance of real profit when they breed and trade cats. As mentioned previously, kitties can obtain certain rare traits which become very valuable in the CryptoKitty marketplace.

How much profit are we talking about, you ask? Well, as an example, the original CryptoKitty sold for over $110,000 worth of Ethereum on the native CryptoKitty market. So do not get these games wrong, there often can be a large sum of money involved.

in an attempt to help grow and improve the CryptoKitty platform, the team has requested funding and has succeeded in raising over $12 million dollars. This funding will go to the developers to help foster innovation, which should help the CryptoKitty platform to grow even more.

Other promising blockchain games have begun development and certain projects have only become even more engaging while still remaining ambitious.

Ethermon is another game that allows players to interact with the Ethereum blockchain. Ethermons are in some sense similar to the popular card game, Pokemon. The object of the game is to capture, trade, and use these in-game characters to battle each other. Like CryptoKitties, these digital creatures can be traded for a profit or a loss using Ethereum. Similar to the CryptoKitty application, Ethermon was a nice addition to the DApp/Blockchain game sub-industry.

Blockchain Games: A Worrying Trend or an Exciting Leap Forward?

Blockchain Games: A Worrying Trend or an Exciting Leap Forward?

Some cite the CryptoKitty craze as accounting for over 30% of the transaction volume in the Ethereum network at its peak with other Dapps coming close behind. In direct correlation to this, after the deployment of the CryptoKitty smart contract, unconfirmed transactions on the Ethereum blockchain increased more than sixfold according to Etherscan statistics.

While the increase in unconfirmed transactions has caused concern among some members of the blockchain community due to the popularity of the game affecting the efficiency of transactions on the network, others take a far more optimistic view.

Arthur Camara, a developer with CryptoKitties parent company Axiom Zen, stated:

We think that blockchain games unlock new categories and possibilities. […] With blockchain, gaming suddenly becomes open, transparent, portable and extensible.

The industry is still in its infancy but in order for blockchain-based games and other gamified DApps to succeed, developers will need to find a way to be innovative without adversely affecting the efficiency of the current blockchain networks.

What blockchain games do you think are going to succeed? Do you have any ideas which you think will be successful as a blockchain application? Tell us down below in the comments.


Images courtesy of CryptoKitties, iStockPhoto

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Led 26

Katy Perry Showcases Her Crypto Claws

· January 26, 2018 · 7:00 am

Katy Perry is the latest celebrity to jump on the cryptocurrency bandwagon, recently posting an image of her crypto-inspired nails.


You know a particular thing has hit the mainstream when you see celebrities flocking to be associated with it. In their never-ending quest to stay in the public eye and remain relevant, they’ll glom onto the latest trends and hold on for dear life. The latest example is Katy Perry, who has definitely jumped onto the Bitcoin and digital currency bandwagon. She recently posted an Instagram image of her cryptocurrency-themed nails.

Bitcoin Going Hollywood

In her Instagram post that’s captioned “$—CrYpTo ClAwS—$,” Katy Perry sports some eye-catching fingernails. Her nails are embossed with the symbols of some of the most popular cryptocurrencies out there.

Naturally enough, we see Bitcoin taking center stage on one hand. Her thumbs boast the popular Ethereum cryptocurrency, and her remaining digits feature the likes of Litecoin, Stellar, and Monero.

This isn’t the first time Perry has flirted with cryptocurrency. Back in November 2017, she posted an image of her talking to investor Warren Buffett. In the post, she says that she’s asking Buffett his thoughts on cryptocurrency. (Hopefully, she did not follow his advice.)

Celebrities and Crypto

However, Katy Perry is certainly not the first celebrity to jump on board the crypto bandwagon, and she definitely won’t be the last. Floyd Mayweather was one of the first celebs to tout crypto by hyping the Stox ICO. He later pushed digital currencies by posting an image of him holding a Titanian Centra debit card, which is a card for various cryptocurrencies, while in an upscale shoe store.

The saddest case of a celebrity tying themselves to Bitcoin and other cryptocurrencies is Paris Hilton. She hyped the ICO of a marketing platform called LydianCoin. However, she quickly deleted any endorsements after people pointed out that the person behind the project had been convicted of domestic assault.

Chances are that we’ll continue to see celebrities pushing themselves onto the crypto scene. Some may have a legitimate interest, but the majority will probably be doing it for the publicity. However, one wonders how many crypto projects will pay for celebrity endorsements in the future. ICOs raise a ton of cash, some of which could be used to hire a famous spokesperson.

What do you think about Perry’s crypto claws? Will we see more celebrity endorsements of cryptocurrency in the future? Let us know in the comments below.


Images courtesy of Instagram/@katyperry, Twitter/@FloydMayweather, and Wikimedia Commons.

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Pro 30

Crypto Movers and Shakers of 2017

· December 30, 2017 · 5:00 am

This year has been nothing but monumental for cryptocurrencies and the blockchain industry. Maybe we will look back on it in years to come and see 2017 as the genesis of a new way of blending business and technology. 2017 could be seen for crypto as 1995 was for the internet, when things really started to take off. Bitcoin has been around since 2009, although, for many years, it has been seen as largely a geeky thing to mine and invest in. The king of crypto has only hit the mainstream in the last few months, but it has cemented its place there.


Bitcoin and its various forks aside, this piece will focus on the altcoins which most of us hadn’t even heard of at the beginning of the year. There has been a digital explosion in ICOs in the past six months, with blockchain companies mushrooming out of nowhere and conjuring up solutions to real world issues. Some coins are just that, virtual currencies, but some try to break the Bitcoin mold of digital money and offer innovative new technology for data management and distributed ledger applications.

Genesis mining ethereum

Ether Rising

Ethereum has to be right up there with game-changing cryptos for the past year. The decentralized application platform has jumped from relative obscurity in January, trading at $10, to a whopping $700 today. The 7000% increase in Ether this year has secured it the second highest crypto currency by market capitalization with $70 billion for most of the year. Big things could be in store for ETH in 2018 when the platform is upgraded, scaling issues are solved, and more applications start using it.

Another coin that has made big moves in 2017 is Ripple. Many traders are skeptical about this one due to its close ties with traditional financial institutions and banks. However, these connections have just propelled the altcoin to second spot in the market capitalization charts. XRP was pretty much unknown at the beginning of the year, trading at $0.006, but it has since skyrocketed to over $2.50, where it currently trades due to a number of deals with major banks and credit card companies. The XRP blockchain will be used as a faster, more secure, and efficient way of inter-bank transfers. If it becomes the standard for such transfers, that price is sure to continue upwards.

Litecoin

Litecoin Lifted

Another one of 2017’s champions is Litecoin, which is often referred to as the silver to Bitcoin’s gold. LTC has made epic moves on the tail of its big brother, trading around $4 in January to over $240 today. Compare this 6000% rise to Bitcoin’s 1500% and it is clear that the altcoins have made bigger moves. With an improved blockchain affording faster and cheaper transactions, Litecoin is destined for greater acceptance in 2018, which will no doubt send that price higher than the record $375 it reached earlier this month.

Dash has also had a very good year, starting out at around ten bucks in January, and motoring to dizzying heights of $1,500 in mid-December before pulling back to around a thousand. The popularity of Dash arises from its security and privacy, and anonymous coins will be in increasing demand throughout 2018. Dash could go higher in the new year, as could similar cryptos, such as Monero, Zcash, Zcoin, and Verge, who are all heavily weighted towards privacy.

dash

There are too many altcoins to list in total, and nearly all of them have increased in value exponentially since the beginning of 2017. Some are destined for greater things in the coming year. Keep an eye on Iota, Cardano, Neo, Nem, Stella, Qtum, Lisk, and OmiseGO. Invest wisely and always do your own research.

[Full disclosure: The author of this article is a holder of multiple altcoins.]

Will you be increasing your altcoin portfolio in 2018? Let us know your favorites in the comments below. 


Images courtesy of Bitcoinist archives and Pexels.

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