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  1. What is CrowdIF CrowdIF is a path-breaking, first-of-its-kind cryptocurrency trading platfrom which is capable of harnessing the power of the Collective Intelligence of the Crowd and includes it in a major way in its crypto-trading strategy. CrowdIF is the only crypto trading platform which is capable of objectively gathering something as abstract as market sentiment and quantify it. We call this quantified market sentiment - The SentimentScore. This is our secret rocket fuel. As is widely known, market sentiment plays a vital role in defining the direction of crypto market movements. Capitalizing upon SentimentScore gives CrowdIF a superpower and allows it to consistently outperform market with better results than using the conventional techniques. Click here to join us :- https://www.crowdif.com/home/?ref=goodwinnat The CrowdIF Process The Collective Intelligence of Crowd is harnessed by following a four step process 1. High Quality Data Aggregation The system aggreates huge amounts of realtime data from all across the internet using advanced crawling and scraping algorithms. We also seek help from our users in our data aggregation efforts. The users who contribute to this process are rewarded with CIFcoins 2. Realtime Sentiment Analysis We use some sophisticated cutting-edge techniques like Natural Language Processing with advanced mathematical modeling to perform realtime sentiment analysis on what's HOT and what's NOT. This analysis gives us our proprietary "Sentiment Score" which is our secret rocket fuel. 3. Accurate Price Predictions The sentiment analysis results are combined with all other market signals to make price movement predictions with unprecedented accuracy. 4. Insight based Trading Our smart trading algorithms use the insights generated above to trade 24x7 across multiple cryptocurrency markets around the globe. The CIF ICO Besides the trading engine, CrowdIF is also launching a blockchain based crypto token - The CIFcoin. The CIFcoin has the following purposes: - To function as a medium of value exchange for all transactions happening on the CrowdIF platform - To act as an index of users' portfolio on CrowdIF platform - To reward the users who help CrowdIF in its data aggregation efforts - To reward the beneficiaries of our various other bounty programs Click here to join us :- https://www.crowdif.com/home/?ref=goodwinnat Here are some other details about the CIF ICO: Total tokens available for ICO = 16.6 million (40% of the total supply) ICO Round 1 Token Price: 0.80$ - 1.25$ Tokens available for sale: 1,600,000 ICO Round 2 Token Price: 1.26$ - 1.50$ Tokens available for sale: 5,000,000 ICO Round 3 Token Price: 1.51$-2.00$ Tokens available for sale: 10,000,000 Minimum purchase = 70$ Soft Cap = $4,500,000 Hard Cap = $26,015,000 Token distribution For sale during ICO period - 40% Company reserve - 15% Bounty Programs - 6% ESOPs - 4% Planned slow emission over the next 10 years - 35% Fund Allocation The funds raised during the ICO will be allocated to the following purposes: Core SentimentScore Algorithm Development: 34% Advertising and Marketing: 28% Data Aggregation Technology Development: 14% Technology Infrastructure (Clusters, Servers etc.): 12% Operational Expenses:9% Other Payroll: 2% Legal:1% Team -------Team Details go here --------------- Roadmap How to participate in CrowdIF ICO Simply add yourself to the whitelist at our website www.crowdIF.com Once added, you will start receiving all communication detailing the ICO purchase process. Important Links Website: www.crowdIF.com Whitepaper: www.crowdIF.com/docs/CrowdIF_Whitepaper.pdf Click here to join us :- https://www.crowdif.com/home/?ref=goodwinnat
  2. The St. Louis Federal Reserve has published an essay critically evaluating the notion of cryptocurrencies that are issued by central banks. The article is highly dismissive in presenting what it describes as “the non-case for central bank cryptocurrencies,” concluding that “a central bank will not issue cryptocurrencies in the sense of a truly decentralized and permissionless asset that allows users to remain anonymous.” St. Louis Fed Argues That Cryptocurrency Comprises Unique Monetary Form In presenting their argument, the research paper’s authors, Aleksander Berentsen and Fabian Schar, first seek to define the unique qualities of bitcoin and articulate the properties that differentiate cryptocurrencies from other monetary forms. Berentsen and Schär argue that different monetary forms are characterized by three dimensions: representation, transaction handling, and money creation. The paper asserts that “the distinguishing characteristic of cryptocurrencies is the decentralized nature of transaction handling, which enables users to remain anonymous and allows for permissionless access.” “In theory,” Berentsen and Schär assert that “a central bank could easily introduce a central bank cryptocurrency.” It is proposed that central banks “could attach additional value components to fractions of existing cryptoassets, such as Bitcoin.” The authors also suggest that “Ethereum’s ERC20 or ERC223 token standards [can] be used to create new fungible tokens that are compatible with the Ethereum blockchain’s infrastructure”, or […] “Finally, a central bank can develop a brand new blockchain.” The paper poses all “approaches are fairly straightforward to implement and would allow for the issuance of a central bank cryptocurrency on a public blockchain.” Decentralization as Defining Quality of Cryptocurrency Despite the many means available through which a central bank could issue a cryptocurrency, the authors state that “the key characteristics of cryptocurrencies are a red flag for central banks. That is, no reputable central bank would have an incentive to issue an anonymous virtual currency.” The article presents several bases for the assertion that the fundamental property of cryptocurrency is at odds with the functions of central banks. Firstly, the authors argue that “The reputational risk would simply be too high,” pointing to the risk of “a hypothetical ‘Fedcoin’ used by a drug cartel to launder money or a terrorist organization to acquire weapons.” Central Bank-Issued Cryptocurrency Unrealistic Furthermore, Berentsen and Schär propose that “commercial banks would rightfully start asking why they have to follow KYC (‘know your customer’) and AML (‘anti-money laundering’) regulations, while the central bank is undermining any effects of this regulation by issuing an anonymous cryptocurrency with permissionless access,” adding that “Once we remove the decentralized nature of a cryptocurrency, not much is left of it.” The article argues that a central bank-issued cryptocurrency would comprise “virtual money that is centralized and issued monopolistically by a central bank is electronic central bank money,” concluding that “calling such a centralized form of virtual money a cryptocurrency is misleading.” Ultimately, the paper argues in favor of central banks issuing a virtual money, advocating for such to be made available to businesses and citizens. St. Louis Federal Reserve “Welcome Anonymous Cryptocurrencies” Regarding central bank cryptocurrencies, the authors conclude that “In general, we don’t think that a central bank should be in the business to satisfy the demand for anonymous payments. We believe that such a demand can and will be perfectly satisfied by the private sector, in particular through cryptocurrencies.” Berentsen and Schär add that “History and current political reality show that, on the one hand, governments can be bad actors and, on the other hand, some citizens can be bad actors. The former justifies an anonymous currency to protect citizens from bad governments, while the later calls for transparency of all payments. The reality is in between, and for that reason we welcome anonymous cryptocurrencies but also disagree with the view that the government should provide one.”
  3. Nasdaq-listed technology firm Xunlei has become the subject of multiple class-action lawsuits from investors who purchased the company’s digital token, Linktoken. Xunlei is accused of misleading investors to disguise an initial coin offering (ICO) through which Linktoken was distributed. Xunlei CEO Rejects ICO Allegations The chief executive officer of Xunlei, Chen Lei, has rejected accusations that the company misled investors in order to illegally conduct an ICO in China. Xunlei’s Linktoken was distributed to users in exchange for a contribution of idle internet bandwidth, according to South China Morning Post. Chen Lei has claimed that the Linktoken distribution did not comprise an ICO due to the company not raising any funds through the issuance of the tokens, and due to Linktoken comprising a utility token that is not allowed to be traded. “By making a public offering, really you need to use it to raise money. We have never used a coin to raise any money at all, that’s never our intention,” Mr. Lei stated. In October 2017, Linktoken was launched in conjunction with other efforts by Xunlei to enter the booming blockchain industry. Whilst the distribution of the Linktoken appears to have been the catalyst for many weeks of sharp bullish action, the value of Xunlei’s stock has more than halved since posting 500% gains and setting record highs of $25 USD in November 2017. Xunlei’s Stock Plummets Since then, the price of Xunlei’s shares had plummeted to approximately $10 by early April, prompting some U.S.-based investors to seek action against the company for allegations of giving false and/or misleading statements regarding the legitimacy of the company’s cryptocurrency-related activities between October 2017 and January 2018. Among other allegations, investors have pointed to the requirement that they purchase hardware from Xunlei in order to share bandwidth and claim the digital tokens in return. Chen Lei has refuted the allegations,Stating “We are a small capital company, so our stock price does fluctuate, but I don’t think there’s any basis for the lawsuit because we’re operating in China and it is the Chinese law and regulations that we need to observe,” adding that “the definition of [an] ICO has to be interpreted in the Chinese market.” Mr. Lei also indicated that Xunlei is currently in the process of hiring legal counsel to refute the allegations Chen Lei Claims to Support Regulatory Action Against ICOs Chen Lei also criticized initial coin offerings and advocated for greater regulatory action to be taken against such, stating “ICOs are terrible, and give a bad name to blockchain technology. Governments should clamp down on these practices – a crackdown is the only way blockchain can rebuild its reputation.” Mr. Lei added: “We have been very straight on our business practices – we do not sell tokens.” China’s National Internet Finance Association (NIFA), a self-regulatory body established by the People’s Bank of China and authorized by China’s State Council, conducted an investigation into Xunlei’s token distribution, concluding in January the company had evaded regulations through conducting an “initial miner offering.” NIFA stated “In the case of Lianke issued by Xunlei, for example, the issuing company in effect substitutes Lianke for the duty to pay back project contributors with legal tender, making it essentially a financing activity and a form of disguised ICO. In addition, with frequent promotional activities and publishing of trading tutorials, Xunlei has lured many citizens without sound discernment into IMO activities.” Xunlei Shares Bounce After Blockchain Launch Despite the controversy and ongoing class-action lawsuits, Xunlie’s stock has bounced in recent days following the company’s announcement that its “Thunderchain” blockchain platform designed to facilitate the development of decentralized applications has been launched. Xunlei’s shares (XNET) are currently trading at $13.46, after retracing from highs of $14 on the 20th of April.
  4. goodwinnat

    Forty Seven

    The mission of Forty Seven Bank is to create innovative, flexible and open Application Platform for financial technology developers, who will be able to operate under the roof of Forty Seven Bank, having access to banks infrastructure and customer base. We will give opportunity to developers with small or medium capital to create white label applications which will be able to compete with traditional banks. Our Bank as a Service (BaaS) solution will disrupt financial sector of the European Union by reducing barriers to entry the fintech market. Tools and services for external developers The featured product is a Multi-Asset Account for private customers with a tied card. Opportunity to provide Forty Seven banking services under your own brand (white label) API access that allows the development and implementation of modern financial services based on Forty Seven infrastructure and processes Holding DevDays conferences for independent developers A showcase of financial applications using Forty Seven API. Emission of tokens What is a Forty Seven Token: Forty Seven Bank Token (FSBT) is a cornerstone of Forty Seven Bank infrastructure. FSBT tokens will be demanded by partners-developers in order to be able to upload their fintech applications into Forty Seven Bank App Platform. FSBT will also be demanded by businesses in order to improve the effectiveness of financial and operational activities via smart contracts. For private customers FSBT tokens will give several benefits in using Forty Seven Bank products and services, as well as token holders will be top priority customers of the bank according to loyalty program and will get loyalty rewards on yearly basis based on performance of the bank. After the crowd-funding campaign is finished, FSBT tokens will be available for trade at various cryptocurrency exchanges. Abbreviation: FSBT. Control over emission: is provided by the system of interconnected smart contracts. Actual rate: 1 FSBT = 0.0047 ETH (including current bonus). Maximum amount of tokens to be generated: 5 555 555 FSBT (incl. bonus tokens, tokens for bounty and founders). Softcap: 3 600 ETH. Hardcap: 18 077 ETH. Accepted currencies on ICO: ETH, BTC. ICO: now – 30.04.2018.
  5. Securities investors may be able to get more exposure to the bitcoin market soon as one of the leading mining producers, Canaan, is thinking about going public. Everyday people may soon be able to mine cryptocurrency right on their smart TVs, if the company has its way Canaan Rules out IPO on Chinese Stock Exchanges? Canaan Creative Co. Ltd, the Chinese company behind the Avalon lineup of hardware equipment which produces ASIC mining chips and rigs, is reportedly considering launching an initial public offering (IPO) in Hong Kong or the US markets. The company has faced difficulties with getting its stocks listed on mainland Chinese marketplace in the past and now feels that the process in its home country is just too long. Co-chairman Jianping Kong said: “We … prefer listing outside mainland China as we are in a global business.” Canaan also claims that the harsh approach toward bitcoin taken by the government has nothing to do with its decision to look abroad. Kong added that they may later pursue a secondary listing in China by issuing depository receipts. Mining TVs Besides a potential IPO, the company which reportedly brought in over 1 billion yuan in revenues last year, has further expansion plans. N.G. Zhang, Canaan founder and CEO, revealed that he employs around 200 in Beijing and Hangzhou, mostly in R&D, and is looking to hire more. Canaan might use its chip development know-how and capabilities to create an unexpected new lineup of products. These can include home appliances such television sets that mine cryptocurrencies “while you sleep.” Other developments include chips to power artificial intelligence (AI) applications and of course new hardware for mining other cryptocurrencies such as litecoin. The manufacturer is expected to benefit from the Chinese government’s initiative to promote local technology companies to rid its economy of its dependence on foreign suppliers at a time of growing international tensions and talk of trade wars. “As an integrated circuit company, we are supported by government policies,” Kong commented.