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CRYPTS NEWS » Stelian Stelian http://crypts.news Fri, 30 Mar 2018 00:15:30 +0000 en-CA hourly 1 https://wordpress.org/?v=4.2.21 Transcodium – A Decentralized Peer-to-Peer Media Editing http://crypts.news/transcodium-a-decentralized-peer-to-peer-media-editing/ http://crypts.news/transcodium-a-decentralized-peer-to-peer-media-editing/#comments Thu, 29 Mar 2018 21:38:49 +0000 http://crypts.news/?p=1520 Transcodium aims to provide the first peer-to-peer decentralized file editing, transcoding and distribution platform with high quality and reliable computational power at a very affordable price. 

ABOUT

Transcodium will provide APIs, Console and GUI Applications for customers to aid in a rapid transcoding process. Before processing starts for each transcoding request, the initiator (customer) will be provided with the estimated cost for approval, once approved, the initiator’s wallet will be debited for the processing to commence.

GENERAL COMPOSITION

The integrity will be maintained by the proof of conversion. To get the reward, the peer has to submit a proof of conversion before the assigned timeout else the network will mark the task as aborted.

The transcoding process starts when a master node receives a request from the initiator, the master node will then analyze the file, split large media files into smaller chunks, encrypt them and distribute them to idle workers with instructions.

Data transfer between the master node and a worker will have an end to end encryption for maximum privacy and security.

Operation of a master node and workers on the Transcodium network.

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TRANSPARENCY ON THE NETWORK

The use of smart contract will enable transparency on the network, vital information such the file duration, the amount the initiator was charged and the amount paid to workers will all be on the public ledger.

PROOF OF STAKE ACTIVITY

To achieve a better-decentralized consensus, the Transcodium network employs the proof-of-stake type of algorithm where workers are randomly selected based on their wealth and age of account.

PROOF OF CONVERSION PROCESS

The proof of conversion agreement between the master node and a worker states that, a worker has to complete its task within the given time range to receive the reward, during processing of data, the worker sends progress update to the master node, the worker must complete processing the data before the assigned timeout else the network will mark the task as aborted or inactive and will award that same task to the next available idle worker.

WORKERS AND TRANSCODIUM APP

Workers are idle devices responsible for processing data on the network. Any device with an internet connection and capable of installing their application can be a worker.A worker can earn more rewards if it has higher specifications such as a multi-core device or GPU based devices.

CUSTOMERS FLEXIBILITY

Transcodium network will enable customers to avail unlimited processing power in a very cheap compensation for the task. Customers will be able to select a price from the range of prices provided by the TNS regulation, the higher the price the faster the file conversion and vice versa.

Customers or initiators will have three types of interface to ease the conversion process:

  • An API interface to help developers integrate into their projects or apps
  • The command line interface will be for basic functionality and
  • The advanced visual studio media editing app for complex media editing needs.

The customer can select where to export the file after processing, destinations such as Facebook, YouTube, Twitter, SFTP, Amazon AWS, Google Drive and etc will be supported.

( TNS ) TRANSCODIUM  TOKEN

TNS token is an ERC-20 compliant Ethereum based token which is designed to work on Transcodium network. The token will be a mean of payment within the network.

EACH TOKEN OFFERS THE FOLLOWING RIGHTS TO ITS HOLDER:

  • Right to transaction Each token holder holds the right to send or receive tokens from one to another.
  • Right to services Each token holder holds a right to get the services made available by the company for the token, such as media transcoding, file distribution etc.

TOKEN FINANCE

Transcodium intended to use funds received during TNS token sale for further development of the project, payment of salaries and future expenses.

Ticker TNS
Blockchain Ethereum
Token Standard ERC20
Supply 120,000,000 TNS
For Sale 86,400,000 TNS
Emission Rate No new tokens will be created
Accepted Currencies ETH,BTC,LTC,BCH
Minimum Goal $500,000 USD
Maximum Goal $30,000,000 USD

 

 Read more: Whitepaper

Website: transcodium.com

ANN: https://bitcointalk.org/index.php?topic=2571769.0;all

 

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Airpod – a “private capsule” http://crypts.news/airpod-a-private-capsule/ http://crypts.news/airpod-a-private-capsule/#comments Fri, 23 Mar 2018 21:41:07 +0000 http://crypts.news/?p=1506 AirPod is full of cutting-edge technologies that enable users to undertake tasks in total privacy and comfort while still remaining in the heart of a public or commercial space. AirPod will encompass features to enhance the user experience such as Wi-Fi, touch screen monitor, air condition, sound reduction technology, privacy blinds in the smart glass, mood lighting and anti-stress program.

THE AIRPOD “PRIVATE CAPSULE”

The AirPod offers all of the features provided by the competition, but with several distinctive advantages in terms of entertainment (Amazon Fire TV and vibration plate integrated into the seat), design, quality, privacy (soundproof), comfort and anti-stress / relaxation methods (smell, vision, and hearing).

Key advantages:

  • Innovative Design offering convenience, comfort, privacy, security and superior facilities
  • Space efficiency – relatively small space for installation (5,22m2)
  • Comprehensive integrated high technology enhancements focused on the business traveler
  • External noise reduction
  • Affordable and value-added product for the global traveler
  • Highly mobile – can be positioned anywhere within the airport

Key features: 

  • User-friendly
  • Free access to Amazon Fire TV
  • Free High-speed Wi-Fi for all users
  • Sound, visual and scent relaxing/anti-stress programs
  • Booking via the internet, IOS and Android mobile application on the spot or in advance
  • Easy to use – single control operating panel
  • Power sockets (USB/electricity)
  • Working desk
  • Luggage and personal belongings storage
  • Air Condition & HEPA filter (fresh air and constant temperature)
  • Alarm clock
  • Flight status information
  • The high-quality seat that can be transformed into a bed
  • Self-disinfection LED system

According to scientific studies, various scents, sounds, and colors stimulate cognitive recognition in the brain. That is why AirPod has integrated technology, which targets their three most important senses – smell, vision, and hearing.

TRANSIT PASSENGERS

In a recent survey that was conducted on 10,000 international travelers by Skyscanner. They were asked which airport features they wanted to see the most. In total, 36% of respondents wanted to see sleeping pods at airports.

Airports are recognizing this need, with sleeping pods being installed for the first time in Europe at Helsinki Airport in 2013. Since then, several airports have followed. According to the Viral Trends, two of the top 5 best airports for sleeping are equipped with sleep pods (Tallinn and Helsinki).

MARKET

The global airport sleeping pods market was valued at 55 million USD in 2016 and is expected to surpass 75 million USD by 2021.

BUSINESS MODEL

The Core business of the company is renting AirPods. They will enter the market, prove the business model and test the product on users by partnering with a distribution partner.

Project partners and their roles:

  • Mineko Pharma & Engineering Ltd (AirPod Technologies) – Production, marketing and monitoring through DApp Platform
  • Distribution partner – distribution and maintenance (Cleaning&Repairs) of AirPods
  • Main advantage compared to the competition is partnering with a distributor who has an existing network and relationships with airports around the globe

DEVELOPING THE CAPSULE

Developing and manufacturing process involves over 15 different suppliers, more than 10 partner companies, 2 engineers, 4 industrial designers and 5 software developers. Over 30 people are actively developing the product.

The key components of the AirPod are as follows:

  • AirPod shelf – made out of fiberglass
  • Darken glass windows
  • 180-degree view and 360-degree view with outside camera
  • Internal parts made out of high-quality wood
  • Electrical installations (cables, etc.)
  • Electric devices (iPad, LCD TV, AC, LED lights, HEPA filter etc.)
  • LED lights technology for disinfection
  • The seat that also transforms into a bed
  • Other accessories

BLOCKCHAIN TECHNOLOGIES

The Platform – Decentralized Application Platform (DApp) Using Blockchain Technology and Tokenization.

Blockchain technology is essential for their business growth and strategy. The custom Blockchain they are creating will assist them to meet their objectives as a company.

DApp platform

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AIRPOD APP

Web, mobile, and distributed applications will be developed to simplify interaction between AirPod users and the AirPod platform. Users will be able to:

  • Find the nearest AirPod/-s on certain location such as the airport;
  • Rent and use the AirPod;
  • Create a reservation of the AirPod;
  • Create a Sponsorship Program agreement for a single AirPod;
  • Observe the statistics and economic profile of a single AirPod;
  • Participate in a bidding process;
  • Propose and bid for a new location of the AirPod;

TOKEN

A total of 250.000.000 APOD Tokens (“Total Cap”) will be generated at the first block and distributed according to Token Distribution Plan.

Start of Token Crowdsale March 2018
Duration 30 days
Token symbol APOD
Token standard ERC-20
Soft Cap $2.7 million
Max. Hard Cap $20 million
Total supply 250.000.000 APOD
APOD Distributed in the Crowdsale 200.000.000 APOD (80%)
Token price $0.10

 

Read more: Whitepaper

Website: air-pod.io

 AirPod Campaign: https://bountyhive.io/join/AirPod

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iShook – A growing content ecosystm http://crypts.news/ishook-a-growing-content-ecosystm/ http://crypts.news/ishook-a-growing-content-ecosystm/#comments Thu, 22 Mar 2018 20:05:25 +0000 http://crypts.news/?p=1490 At iShook, their goal is to connect content creators and audiences while leveraging the blockchain technology and of course to ensure rich content is delivered to end users. iShook will be a refuge for all inspired content creators seeking a platform, a community – a home. This is the revitalized content economy – this is iShook.

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As time goes on and as more individuals adopt emerging technologies, the ecosystem is expected to continue to expand and experience a form of scattering. Publishing content online grants content creators access to a broad and distributed international audience.

ISHOOK SOLUTIONS

iShook plans on being a platform not just for facilitating publishers and readers, but also artists, musicians, actors, and any content developer seeking a better way to expose and monetize their material globally.

iShook is seeking to enhance its singular network to facilitate and host digital content and increase content creators visibility.

A reader can then consume content directly from authors, and share their thoughts and insights straight through a social networking platform containing like-minded individuals.

  • iShook is for the social reader who searches for better access channels to their desired content.
  • iShook is for the note takers who wish to share and access their notes directly from content creators and other readers.
  • iShook is for the content creators looking for a single network channel in which they can publish, monetize, and market their content.

 

ISHOOK WEB PLATFORM

iShook currently facilitates over 12,000 publishers and over 60,000 ebooks through their partner “Gardners UK” www.gardners.com. Their platform serves the needs of users who wish to share their experiences across a list of social networks, all while hosting content natively.

Blog and E-Commerce store

As an extension to their already existing web application, iShook will also feature a blogging platform known as iShook Daily. The platform acts as an aggregator to serve users enticing and engaging content on a frequent basis to add to their daily experience.

The blog will aggregate popular content genres including (but not limited to):

  • Fiction
  • Nonfiction
  • Business Texts
  • Short Stories
  • Self Help
  • Science Fiction

iShook will feature the ability for authors to link their products (i.e., Books, mugs, marketing materials, etc.) to an e-commerce store of their choice.

The App

Having a mobile application is integral when facilitating a 21st-century community. The iShook mobile demand will play a large part in their user’s lives on-the-go as they not only read but share their intellect and insights to the iShook community.

A few of the already integrated features include:

  • Sophisticated sharing features to let users not only share their reading habits to the entire iShook platform but also share their activity on any social media platform of their choice.
  • Push notifications to alert users as to any promotional offers currently occurring, author updates, and more.
  • User bookshelves to allow them to aggregate their content, and share their entire collection of what they’ve been reading with the iShook community.
  • Highlighting and markup features to allow users to add notes and highlight specific areas of books that they found to be captivating.

BLOCKCHAIN

Verification and proof of identity in the digital service world is a challenging yet critical component to ensure the intentions of providers and consumers. As more and more services move online – and fraud continues to grow – this is of paramount importance not just to individuals, but to the businesses and governments with which they interact.

iShook Tokens will be minted off of the Ethereum blockchain as ERC-20 standardized tokens. The importance of iShook Tokens adhering to this standard is that they are compatible with any ERC-20 compatible wallet (MyEtherWallet, MetaMask, IMToken, etc.)

ISHOOK TOKENS

Cryptocurrency has been a unique and growing way to not only grow brand awareness, but a way to place power back in the hands of individuals who interact with systems by offering a specific form of valuable utility.

Content creator efficiency

Content Creators will be able to manage their own accounts. In effect, they will be in their own silos, with the success of each content creator depending on his own efforts, and not those of other Content Creators.

To recap, each content creator will gain the following benefits (but aren’t limited to these items) through the introduction of the iShook Token on the platform:

  • The ability to also receive royalties in the form of iShook Tokens on the platform.
  • Access to an extensive advertising network within iShook for content promotion and exposure.
  • The ability to host paid Q&A sessions and set prices on entrance fees.

ISHOOK EXCHANGE

Rate Min SHK
1 ETH 0.1 ETH 1,000
1 BTC 0.1 BTC 36,000
1 BCH 0.1 BCH 3,000
1 LTC 0.1 LTC 500
1 XRP 25 XRP 1


Read more: Whitepaper

Website: ishook.io

iShook Campaign: https://bountyhive.io/join/iShook

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Swapy – The Solution for Universal Access to Credit http://crypts.news/swapy-the-solution-for-universal-access-to-credit/ http://crypts.news/swapy-the-solution-for-universal-access-to-credit/#comments Wed, 21 Mar 2018 19:11:45 +0000 http://crypts.news/?p=1483 Swapy is building a decentralized protocol with a suite of three integrated applications aiming to provide Universal Access to Credit.

ABOUT

The Swapy Company envision a world of efficient credit markets, with no barriers to entry for new players, where consumers have the power and reap the benefits of Universal Access to Credit.

These applications are:

  • The Swapy Exchange, which aims to connect smart money to emerging economies.
  • Swapy Financial ID, which aims to empower people, giving them a financial identity that has the purpose to be valid anywhere in the world.
  • Swapy Data Market, which aims to transform users’ financial data into self-determined value through a token-based system.

ENVIRONEMENT

They propose that the potential and need for Swapy Network is motivated by the convergence of several extant factors. These include the global pervasiveness of under-served populations where credit is concerned, interest rate disparities between countries, asymmetries in data access and ownership, data integrity, costs of servicing credit demand, and preferred modalities for conducting transactions.

THEIR SOLUTION: SWAPY NETWORK

Swapy Network is a decentralized protocol that aims to connect the various participants within the financial industry:

  • borrowers
  • creditors
  • insurers
  • data producers
  • data consumers, and others

How does Swapy Network aims to solve the problems of access to credit?

  • It facilitates offers of credit in order to lower the costs of capital.
  • It eliminates information asymmetry between participants through a commonly shared and updated data network.
  • It provides better data so that credit companies can make better lending decisions and offer lower rates to good clients.
  • It encourages lower cost capital and better information which can reduce entrance barriers for new companies.

This is Swapy Network market-based approach to accomplish the dream of Universal Access to Credit.

Swapy Token

The Swapy Token (SWAPY) is a ERC2012 token and the basic unit of value in the Swapy Network. One unit will have 18 decimal points, which means that the lowest value one can hold is 0.000000000000000001 SWAPY.

The Swapy Token is an utility token and it will be used to:

  • Pay for the individual’s information
  • pay for services in Swapy Network (such as credit scoring)
  • be used as collateral when requesting loans, as soon as these features become available through the decentralized applications that are being developed by the Swapy team.

Swapy Financial ID relies on smart contracts for self-sovereign identity, which is the basis for identification inside the Swapy Protocol.

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Exchange

The Swapy Exchange is a market-based solution for more globalized and more efficient money markets. Each country has different return expectations on invested capital.

To be able to raise funds in the Swapy Exchange, every lender must be fully compliant with the countries they do business with. Some taxes may be levied when investors collect paybacks.

Therefore, the investor will only pay the income tax on the profits taken. In the Swapy Exchange, Swapy team expect the following:

  • All contracts are pegged to the US dollar and it is up to the lenders raising capital to protect itself against the exchange rate risk
  • Other participants in Swapy Network will be able to offer services that may be useful to the investors as well as the lenders raising capital
  • The fees charged in the Swapy Network will be paid in Swapy Tokens. They may do so through partner organizations offering hedging services to the network.

The Swapy Exchange has many use scenarios. The Swapy team is unable to predict every feature that can be added to this component.

  • Investors: Individuals or funds from countries with lower interest rates who want to pursue better returns by investing in loans in other countries with comparatively high interest rates.
  • Lenders raising capital: Lenders from developing nations that need to raise capital to lend in a large volume.
  • Swapy Exchange: The decentralized application running over the Swapy protocol which will allow both parties to transact with no intermediaries
  • Other decentralized services to operate like (a) Hedging funds or (b) Default insurance companies.

Economy

New entrants can offer products and services on the Swapy Network and get paid in Swapy tokens.

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THECHNICAL ASPECTS

In this section, they present the multiple flows encompassed by Swapy Network. They provide a technical overview of Swapy’s smart contracts as well as the proposed decentralized applications.

Currently, their focus is to provide the basis for a B2B fundraising ecosystem, the technology for a financial identity valid worldwide, and the aspects for a data/insights market that relies on the financial identity as a source.

TOKEN FINANCE

Swapy Network is an open-source project managed by the Swapy Company, a company fullyowned by Credit Dream, Inc.

Symbol SWAPY
Token Type ERC20
Total supply 100,000,000 SWAPY Tokens
TGE price USD$0.65 = 1 SWAPY Token
Hard Cap USD$ 30,000,000
Minimum Contribution USD$1.00
Accepting ETH only

 

Read more: Whitepaper 

Website: swapy.network

 

 

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DIW TOKEN – Fast and secure http://crypts.news/diw-token-fast-and-secure/ http://crypts.news/diw-token-fast-and-secure/#comments Tue, 20 Mar 2018 00:26:23 +0000 http://crypts.news/?p=1454 DIW plans to introduce a global directory where account holders, be it individuals or organizations, will be able to list their services and expand their reach. 

“This is the fastest, most secure and cost-efficient way to spend your cryptocurrency in everyday life”

DIW’s unique concept plans to put an end to the following issues plaguing their modern world:

  • Advancing Data Breaches
  • Utilising Crypto Currency
  • Growing Online Fraud

SOLUTION WITH DIW

DIW plans to bridge and solve all aforementioned issues with the introduction of its global, blockchain-based, decentralized network, complete with its own ecosystem and currency. DIW holders will be able to access the network anonymously, gaining access to a Secure Vault, where they will be able to securely store their entire ‘Virtual Life’ including sensitive documents such as passports, contracts, electronic health records and login details.

The DIW Token, an ERC-20, Ethereum based utility token, will be introduced to be the preferred method of payment within the entire DIW network.

Ensured advantages of the DIW decentralized community:

  • Efficient, swift and cost-effective transaction processes
  • Complete freedom to transact via any form of currency, digital or fiat
  • Single access to an endless doorway
  • Access to support provided by a large, global community
  • Secure peer-to-peer protocol for the distribution of sensitive data
  • Ultimate security to the account holder via the utilization of a hardware wallet

Groundwork

Basic groundwork includes the preparation of a decentralized network that will progressively host and protect its functions as they are added.

Using a tactical approach to tackle their progress successfully, they have divided their planned development sections into 5 phases, which are:

  • Secure Digital Vault
  • Payment Gateway for Crypto and Fiat Currency
  • DIW Global Directory
  • Paid Escrow
  • Healthcare

SECURE VAULT

DIW intends to offer its account holders a highly encrypted, secure and private decentralized platform where they may store their digital data and personal information such as identification documents, passwords (key-locker), credit cards, bank details, as well as any other sensitive information (data traditionally saved on vulnerable centralised software that may be accessed by hackers or by its developers).

Storage

Their aim is to deploy the DIW network on a peer-to-peer protocol for data distribution, which will be materialized by utilizing DIW holders’ (either individuals or organizations) equipment, both their storage as well as processing power, to maintain the network as well as store and transfer files keeping them encrypted and secured.

Data – Transfer or share

DIW holders will be able to securely transfer or share, in part or in whole, their sensitive personal data contained within their Digital Identification Wallet.

Know-Your-Client (KYC), Know-Your-Supplier (KYS)

The DIW holder will also be able to prepare, upload and maintain within the network all of the necessary documents requested for KYC or KYS processes, as more and more organizations request the latest editions of such information.

Payment Gateway for Crypto and Fiat

Provides a new, secure and exciting medium to website owners to accept payments, in any major currency, fiat or crypto, using the DIW single login decentralized platform.

Global Directory

The DIW platform will feature a rating system for all DIW holders utilizing a complex algorithm that will assess the account holder’s data quality, history of transactions, comments and review depth, increasing trust between parties.

Additional advantages offered by the DIW directory:

  • Ultimate transparency assured by blockchain technology.
  • Business owners will be able to pre-select whether or not they will be accepting transactions based on the minimum rating score of DIW holders.
  • DIW holders will be able to sort DIW-registered businesses listed within the Global Directory based on their rating score.
  • DIW holders will have the additional option of utilizing the DIW escrow service for added reassurance whilst initiating a transaction.

Escrow

 

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Another main feature of the DIW platform is the smart contract – based escrow service that will safeguard transactions between parties. The DIW paid escrow service, will be simple to use but at the same time sophisticated and smart.

The paid escrow service is suitable for the exchange of digital data where transactions will be fully controlled by smart contracts. All of the covered types of transactions will be announced with the launch of thir platform with additional types being added over time.

How it works

A DIW holder, be it a patient or a healthcare professional, will be able to store, update and transfer sensitive health records, by using the DIW Healthcare Module within the DIW platform.

 

All EHR will – at all times – be highly encrypted, secured and privately stored within the blockchain network.

ICO & TOKEN

Fund Allocation

Symbol: DIW
Pre-ICO: 06/03 – 20/03/2018
ICO: 27/03 – 10/04/2018
DIW Tokens Supply: 1 000 000 000
Tokens for crowdfunding: 700 000 000 (70%)
Hard Cap: 28 000 000 USD
Participation: ETH
Token Standard: ERC-20
Decimals: 18
Unsold tokens: Will be burned

 

Read more: Whitepaper

Website: diwtoken.com

ANN: https://bitcointalk.org/index.php?topic=2567416

 

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Photochain – stock photography DApp prototype http://crypts.news/photochain-stock-photography-dapp-prototype/ http://crypts.news/photochain-stock-photography-dapp-prototype/#comments Mon, 19 Mar 2018 21:27:37 +0000 http://crypts.news/?p=1444 With the p2p platform Photochain, they are releasing a new concept as the next generation of a stock photography platform. They use this technology to enable fair p2p trading of digital works between artists and buyers.

ADVANTAGES

Photochain gives clear advantages over conventional photo stocks to both kinds of users: contributors and customers. Contributors at Photochain benefit from an extremely low fee – only 5% of the selling price. This opportunity to keep 95% of the final sale price allows contributors to offer their work cheaper, and consequently, the market becomes more affordable for customers.

PHOTOCHAIN BENEFITS FOR ARTISTS

By developing the Photochain platform, they present the possibility for artists to sell their works directly to their customers, and on their own terms. Photochain is a decentralized platform that uses Smart Contracts based on the Ethereum blockchain. Smart Contracts ensures the security of transactions on the platform.  When a sale is made, the seller is paid, and the buyer receives the purchased picture simultaneously.

PLATFORM

With all currently existing stock photography platforms, the only way that security in transactions can be ensured is via central control. Compared to that, they are creating a platform that works autonomously, securely and efficiently based on predefined rules.

They are developing the Photochain Dopp on the Ethereum blockchain. Additionally, Photochain also uses computer vision (machine learning) to fulfill the specific technical requirements of stock photography.

Network governance

For this they determine that Photochain Governance will not take part in any of the following activities when using the Dopp Smart Contract:

  • Changing the initial rules / Smart Contracts on the network. These changes can only be accepted as a proposal by a majority vote of all users and only then implemented
  • Affect the circulating PHT supply. Once the PHOTON tokens are initialized, no additional tokens can be produced in the future. 
  • Freeze accounts
  • Withdraw funds

Photochain Governance is authorized to undertake the following activities:

  • Block a buyer according to an entitled claim
  • Develop new versions of the Web client
  • Develop new versions of the Photochain Smart Contracts until Photochain becomes a DAO (planned Q4 2019).

They place great importance on the onboarding of the Photochain DApp as being simple in design. When opening the web client, the user can either generate a new address in the Ethereum Network or import an existing address.

Ecosystem

The Photochain DApp is a platform specialized in the trade of stock photography, in which processes are reduced to a necessary minimum in order to guarantee simplicity and transparency.

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Rewarding

The payment (or rewarding) process is kept simple. After selecting the works of interest to them, the buyer is prompted to reward the sum in PHT. The PHT tokens are the means of a reward of the Photochain DApp and can be purchased in the Crowdsale.

Further along the process in developing the Photochain DApp, they will offer an exchange service between cryptocurrencies within the Photochain Wallet module.

Fees

The Photochain Governance is developing the new version of the DApp clients, offering new microservices and maintaining the vitality of the platform until Photochain has finished transitioning into a DAO.

The 5% fee is divided as follows:

  • 0.02% as an Ethereum network fee, which is paid to miners and for interaction with the Photochain Smart Contract
  • 0.98% of data storage, as pictures or digital works, require a lot of storage space
  • 2% is devoted to the Photochain Governance Team for further development and moderation
  • 2% of the Photochain DApp reserve

Dapp 

They formulate the design requirements for the Photochain DApp. The requirements result from the current issues associated with the microstock photography.

DAO

A “decentralized autonomous organization” (DAO) is an organization governed by an initial set of rules and codified into Smart Contracts. In their role as Photochain Governance, they made it their goal to guide Photochain DApp toward DAO. 

PHOTON TOKENS

PHOTON token is the means of rewarding used across the Photochain Ecosystem. Any type of transaction on the platform will require the use of PHOTON Tokens.

The PHT token is based on the following core properties:

Name: PHOTON Token (PHT)
Standard: Ethereum ERC20
Hard Cap: 230,000,000 PHT token to be issued
Release date: Their Token Generation Event will take place right after the end of the Main Sale Event. It may take up to 60 days to distribute the PHOTON tokens to contributors. 
Represented value: Tokenization of photography services

Read more: Whitepaper

Website: photochain.io

 

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Xchange rate – easy and quick to start reaping the profits http://crypts.news/xchange-rate-easy-and-quick-to-start-reaping-the-profits/ http://crypts.news/xchange-rate-easy-and-quick-to-start-reaping-the-profits/#comments Mon, 19 Mar 2018 17:17:27 +0000 http://crypts.news/?p=1425 To provide a platform with an array of essential, powerful and valuable trading tools using augmented intelligence.

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FINDINGS

Crypto Trading Is an Established Business Model

  • Over 2million new traders open new accounts with an exchange monthly.
  • Successful Traders make unmetered profits daily.
  • The growth of traders around the world provides even more opportunity for increased liquidity.
  • Increased regulatory awareness is bringing market stability.

XchangeRate Bridges the Gap

  • What was once an exclusive trade Secret is now available to all.
  • Data analytics and trading intelligence now comes as a preset on the XchangeRate Platform.

Successful Trading Needs…

  • Data Gathering:   An array of platforms with valuable information comprising apt indicators using API Plugins.
  • Analytical Skill: Ability to interpret comprehensive data to make the best decisions.
  • Decision: Acting on information correctly and timely is what makes trades profitable.
  • Consistency:   Automation makes everything work consistently and effortlessly.

TRADING

Cryptocurrency has grown at an exponential rate in 2017. The total market capitalization of cryptocurrencies grew from about $17.74 billion in January to over $512 billion in early December . Significant growth of the cryptocurrency and blockchain technology market is predicted to continue. One estimate shows a compound annual growth rate of 35.2% during the forecast period of 2016-2022, aggregating $42.16 billion by 2022 . Another estimate expects the market to grow to $51 billion by 2023 . By 2025, total market capitalization could exceed $5 trillion, as crypto wallet penetration is expected to exceed 5% of the world’s population and asset-backed cryptocurrencies give rise to trading asset tokens .

XchangeRate-Whitepaper_en3 Cryptocurrency has grown at an exponential rate in 2017. The total market capitalization of cryptocurrencies grew from about $17.74 billion in January to over $512 billion in early December . Significant growth of the cryptocurrency and blockchain technology market is predicted to continue. One estimate shows a compound annual growth rate of 35.2% during the forecast period of 2016-2022, aggregating $42.16 billion by 2022 . Another estimate expects the market to grow to $51 billion by 2023 .

By 2025, total market capitalization could exceed $5 trillion, as crypto wallet penetration is expected to exceed 5% of the world’s population and asset-backed cryptocurrencies give rise to trading asset tokens . The growth of this global phenomenon has been driven in part by Bitcoin, which sold for as much as $1003.08 per coin in January 2017 and reached a historical high of $20089 in December .

While Bitcoin retained at least 50% of the market share during the second half of 2017, altcoins have experienced significant growth as well. CoinMarketCap currently tracks 1550 cryptocurrencies , up from 617 at the start of the year .

XCHANGERATE.IO

The first Augmented Intelligence platform SaaS App that brings intelligently analysed data to the trader using automation and decentralized strategy sharing.

Powerful Preset Filters

XchangeRate is a platform designed by traders for traders. Automated filter settings comes with a preset strategy that requires minimal efforts.

Cross Functional Strategy Approach

XchangeRate parses through the metric attributes of each coin on the exchange and loops through the strategy filter for entry signals and rates them on a scale of preference and fires a trigger through qualifying positions, loops the criteria using automation on entry and exits and in rounds and cycles.

Implementation Proofing

Adopting a strategy is one thing. Getting it into the market flow is another. XchangeRate provides tools to test strategies and filters with real market conditions and tests the strategy outcomes.

XCHANGERATE ROBOT

XchangeRate.io is a data-driven robot that makes decisions based on the ‘buy’ and ‘sell’ attitudes on the cryptocurrency exchanges and user parameters.

PLATFORM

The robot has 4 areas:

  • The (Coin Monitoring Board),
  • The Automation Robot,
  • The MVP and
  • The Marketplace.

HOW IT WORKS

XchangeRate frees the trader from the complexity of reading graphs and charts and helps the trader with readable data easy to interpret for immediate automated or informed decisions.

BUSINESS

The XchangeRate business model combines the subscription model and the internal value chain of tokenized-incentive-based strategy model.

TOKEN DETAILS

To expand XchangeRate.io’s vision and reach, they are launching a Token sale to issue XchangeRate tokens (XRR) on the Ethereum Blockchain. ERC20 XchangeRate tokens will be issued by smart-contract at the end of the Token sale (May 2018).

XRR is built as an ERC20 token on the Ethereum blockchain.

1 BTC 260,000 XRR
1 ETH 26,000 XRR
Current bonus 0 %
Token Type Utility token
Maximum supply 250,000,000 XRR
Tokens available in Pre-ICO 40,000,000 XRR
Tokens available in ICO 160,000,000 XRR
Pre-ICO Hard Cap 2000 ETH
ICO Hard Cap 16000 ETH


Website: tokensale.exchangerate.io

Read more: Whitepaper

BTC Bounty Threadhttps://bitcointalk.org/index.php?topic=3080546.0

Telegram: https://t.me/xchangerateICO

Author: https://bitcointalk.org/index.php?action=profile;u=1325553

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European Crypto Bank – Trading and Exchange http://crypts.news/european-crypto-bank/ http://crypts.news/european-crypto-bank/#comments Sun, 18 Mar 2018 19:38:36 +0000 http://crypts.news/?p=1410 European Crypto Bank (ECB) is the culmination of 10 years of work and knowledge of financial markets, analysis and research.

Their offer is to:

How to make money on cryptocurrency Markets, by using a secure trading and an Exchange Platform, taking care of your domestic internal revenue services and converting your cryptocurrencies into all traditional assets without any risk of suspicion in Money Laundering.

European Crypto Bank will be a pan-European Wealth Management and Private Banking in a New Economy expanding,  day after day,  to 8 Trillion Euros.

Nowadays, the whole World Market on Cryptocurrencies (Bitcoin, Ethereum, Litecoin, Ripple, Dash…) is around $ 550.000.000.000 (*) and the Market require some new Exchange and Trading Platforms,  some new sources of Cryptocurrency Independent Analysis.

The access to the ICO Market can offer them a unique opportunity to realize an ambitious and scalable Project of Investment.

ECB

With ECB, anyone in the world should be proud to have made some money on a Crypto Exchange. They believe they have a place in the Crypto World with a revolutionary offer, such as a Crypto Private Bank with all services that are supposed to be provided by a traditional private bank.

SERVICES

  • Trading Exchange and leveraged services on cryptocurrencies and FIAT.
  • Financial & Advices analysis on Cryptocurrencies by the Analysts team and I.A.
  • I.A. AML & Compliance and Tax reporting: Robots Compliances for all opening accounts and KYC, used by ECB and usable in the future under licensing contracts by the Financial Industry and others Exchange platforms.
  • I.A. and Human Tax Advisories. The Tax Lawyers Team will advise and represent their customers all around Europe (tax Consultancy and Juridical Assistance in case of Tax Litigations).
  • Robot Advisors able to understand humans and immediately respond with the best efficient, emotional and suitable attitude, just like a human advisor.
  • Their target: To become a fully regulated Crypto Bank, over the next 4 years in Europe, by creating a gateway between cryptocurrencies owners and all traditional assets (Shares, Bonds, Commodities, Real Estate…).

DETAILS

WHITE-PAPER-ENGLISH-EUROPEAN

ECB Cryptocurrencies Trading and Exchange platform is a secured website to buy/sell or exchange cryptocurrencies and other currencies as US Dollars, Euros and other assets.

Strict KYC rules that require the user to verify all ID.

They think, with their Token S or Token I, Token holders will see the value or quantity of their tokens increase with their annual reward or buyback.
If you keep them you will enjoy all of their services.

SOLUTIONS

They aim to bring the Cryptocurrencies and the Blockchain products and services to the masses, by providing an easy-to-use one-stop-solution, that is suitable for individuals and businesses, regardless their level of experience, by respecting the Law Tax Rules in their own countries and by avoiding any case of Money Laundering.

The aim of ECB is to:
Start a change in the Market, so that the wide range of non-technical customers could take advantage of the several opportunities that Cryptocurrency and the blockchain industries offer.

They can also supply Financial and Cryptocurrency Analysis and they are determined to provide a highly reliable quality level in Tax Reporting and Tax Advisory on Crypto Trades and Benefits, for the UK, French and Italian investors, from the very beginning of their activity.
Besides,

The ECB platform has all the prerequisites to succeed and to keep a leading position among the industry players, thanks to its thorough strategic planning, and to its creative and dedicated Founding Team.

BUSINESS MODEL

The ECB business model implies combining the top of the line products and services with an Incentive-Based Marketing Model.

Main Revenue Streams (Fees):

  • Trading fees from Trading and Exchange on the Platform.
  • Wealth Management into Cryptocurrencies and other traditional assets.
  • Fees for Tax Reporting and Crypto Research.
  • Trading Leveraged Fees.
  • Agent Licensing: licensing of tax reporting solutions and robot advisors and robot compliances.
  • Licenses for Crypto Analysis and Financial Research.

THEIR EXPECTED TURNOVER

WHITE-PAPER-ENGLISH-EUROPEAN qr

 

FINANCE

Token sale volume: 5,000,000 to 200 000 000 Euros
Token Sales Volume during ICO: 7 936 507 to 345 414 463
Total emission Volume: 15 873 014 to 677 283 261
Sale Geography: Whole word except the USA
Price of the token upon sale: EUR 0,63
Distribution of tokens: Crowndsale members 51% The company 24% The Team 23% Bounty Program 2%
iCO Website: http://europeancryptobank.io
Smart Contract: The address of the smart contract ETH 20 will be available before the beginning of the crowdsale on the project website
Payment Methods: BTC, ETH, ETC, LTC, XRP, DASH, BCC and FIAT


Read more: Whitepaper

Website: europeancryptobank.io

European Crypto Bank Campaign: https://bountyhive.io/join/European%20Crypto%20Bank

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Gymrewards – Solution to support getting paid for exercising http://crypts.news/gymrewards-solution-to-support-getting-paid-for-exercising/ http://crypts.news/gymrewards-solution-to-support-getting-paid-for-exercising/#comments Sun, 18 Mar 2018 13:18:50 +0000 http://crypts.news/?p=1378 The GYM Rewards project consists of an entire solution to support getting paid for exercising. From the Blockchain that supports Proof of Exercise to the GYM Rewards Exchange for gymnasiums and other partners to come and exchange GYM Tokens. There is no need to wait for exchanges to support GYM and there is no need to take the risk of getting stuck with useless tokens.

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The GYM Rewards app is a patent pending app that rewards you for exercising at the GYM by introducing Proof of Exercise to the blockchain. The more you exercise at the GYM, the more GYM Coins you will earn. GYM Coins are redeemable at your local participating gyms and will be tradable at participating cryptocurrency exchanges. The GYM Rewards ICO Token is an Ethereum ERC20 token. The GYM Rewards app token is from the Plata Blockchain, an Ethereum fork that will be minable by a Proof of Exercise component within the Token and the Mobile App.

They love Ethereum, however, their new Blockchain will introduce the following features not available in Ethereum: 1. Proof of Exercise 2. Free Contract Submissions 3. Token Transaction fees are based on the token itself, not on the blockchain coin.

The GYM Token allows for Proof or Work (POW). The POE is a contract-based rewards system that it’s activated by detecting locations in the geolocation coordinates contract and using heartbeats via the GYM mobile App to deliver block rewards once the time of required work has been met.

Token earning structure estimates, these are based on mining difficulty, therefore the fewer tokens you can earn the more valuable they will become.

  • Running 10 minutes: .1666667 GYMs per Minute
  • Running 1 hour: 10 GYMs per hour

Their goal

Their goal is to motivate people into exercising and becoming healthy with currency and to compensate those who are taking care of themselves every day.

Blockchain?

When they started thinking about their project they had one thing in mind. What can they do so the big mining farms stop getting all of the market shares? The main reason they all love cryptocurrency is that it skips the middleman, and because, they thought they would be able to actually eliminate the unfair distribution of currency.

SOLUTION

By leveraging the Ethereum Blockchain they have developed a Decentralized Proof of Exercise Token with an innovative mobile app that allows you to mine GYM cryptocurrency with your body. They have developed the GYM Rewards app that rewards you for exercising at the GYM by introducing a Proof of Exercise ERC20 token. The more you exercise at the GYM, the more GYM tokens you will earn.

Easily make money at your local gym.

  • Download the app
  • Start your heart rate monitor and app
  • Get Paid!

Easily become an event manager and make money by submitting events. (marathons, triathlons, etc.)

  • Submit an event at the GYM Regards website for approval.
  • Promote GYM Rewards at the event and allow participants to download the app via your referral QRCode.
  • Earn 0.5% off all participants earned cryptocurrency.
  • Keep earning from there on those participants exercise.

Easily submit your local GYM for approval. Your local GYM is not a participant? Great news for you, you can become its sponsor and make money from all of its mining.

  • Submit your local gym to the GYM Regards website for approval.
  • Promote GYM Rewards at the gym and allow participants to download the app via your referral QRCode. (Hint: Wear a t-shirt with the QRCode)
  • Earn 0.5% off all participants earned cryptocurrency.
  • Keep earning from there on those participants exercise.

THE GYM REWARDS APPLICATION

The ultimate goal of GYM is to be the all-in-one solution to pay athletes for their exercise, provide wallet to manage their earnings and optimize their exercise routines.

  • Heart rate monitoring
  • Exercise log
  • Cryptocurrency Wallet

GYM TOKEN

They are all equal, the only thing that will differentiate who owns more currency will be measured by the sweat of their exercises.

  • Proof of Exercise (POE)
  • Heart rate monitoring
  • Cryptocurrency wallet
  • Tokens and Smart Contracts
  • Social Networking
  • Rewards referral features
Start: March 2018
Hard cap: 15,000 ETH
Soft cap: 100 ETH
Token: GYM
Exchange rate: 1GYM=0.0001ETH
Project protocol: ERC20

 

Read more: Whitepaper

Website: gymrewards.io

GymRewards Campaign: https://bountyhive.io/join/GymRewards

 

 

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Dbrain – The blockchain platform to collectively build AI Apps http://crypts.news/dbrain-the-blockchain-platform-to-collectively-build-ai-apps/ http://crypts.news/dbrain-the-blockchain-platform-to-collectively-build-ai-apps/#comments Sun, 11 Mar 2018 19:34:00 +0000 http://crypts.news/?p=1365 80% of AI is data. Datasets for machine learning are still labeled by hand and require a lot of effort. They provide a simple tool for crowd workers and data scientists to turn data into real-world AI solutions.

ABOUT

Artificial Intelligence (AI) happens to be the next big thing. AI is all about data. Datasets used for machine learning are still labeled by hand, which requires a lot of effort. This creates a lot of friction: labeling quality is not guaranteed, and the initial source data is not secured. Dbrain allows people to work together in secure, seamless, integrated processes for buying, designing, and building AI apps, from start to finish.

Dbrain is an open blockchain platform that links crowd workers and data scientists enabling them to transform raw data into real-world AI solutions. Crowdworkers do simple tasks of data labeling and validation and are paid instantly in cryptocurrency for their work.

Blockchain technology helps them meet many of AI’s current challenges. Using the blockchain, they can confidently manage high-quality data labeling, security concerns, intellectual property rights, and international micropayments.

 They use blockchain protocols and an in-house cryptocurrency to power the AI production cycle. The SPOCK protocol validates data label quality, ensuring the most accurate datasets possible. The PICARD protocol ensures the security of confidential data and automatically manages relations and fair revenue distribution between stakeholders. Dbraincoin (DBR) is an ERC-20 cryptocurrency to exchange for work, datasets, and AI app usage.

Anyone with a connected device can join Dbrain and get a role in building Industry 4.0. Their platform connects exploding demand for hand-labeled AI data with the abundant supply of global crowd workers.

DBRAIN CHALLENGES

Blockchain technology helps them meet many of AI’s current challenges. Using existing commercial computation infrastructure allows them to build an affordable, scalable toolkit for developing, integrating, and deploying AI apps.

Dbrain guarantees a quality of datasets without any work duplication. To align the incentives for crowd workers, validators, AI developers, and data owners, Dbrain implements the Subjective Proof of Crowdwork Protocol (SPOCK), which validates data quality automatically and guarantees real-time, fair, transparent billing to workers and data owners.

The supply of online crowd work is abundant globally. The World Bank estimates that in 2013 the minimum total supply of crowd work was $239B, while the market demand in 2016 was $4.8B, or 50 times less than the work supply. Only demand limits the market growth.

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Global job automation trends and widespread internet penetration in emerging markets accelerate the transformation of the classic employment model into an online work model, which is divided into small, well-defined tasks, most of which do not require any special expertise.

DBRAIN PLATFORM

Dbrain is an open blockchain platform for turning raw data into real-world AI solutions. They make AI accessible to businesses and allow anyone to earn money for their effort.

Dbrain levels the playing field for all participants on the AI market. The Dbrain platform works on the Ethereum network and relies on its smart contracts. They are building a scalable permissioned blockchain anchored to the Ethereum network via state channels.

To align the incentives of crowd workers, validators, AI developers and dataset owners, Dbrain implements the Subjective Proof of Crowdwork Protocol (SPOCK), which automatically verifies data quality and guarantees real-time, fair and transparent billing to workers and task requesters.

The Protocol for indirect controlled access to repository data (PICARD) protects datasets and AI applications hosted on the Dbrain platform and allows data scientists to train AI models using the datasets without downloading them, and to sell AI solutions to business clients later.

Dbraincoin (DBR) is implemented as a standard ERC20 token. The total number of Dbraincoins in existence is fixed.

Advantages

There are a few large existing crowd work platforms that are mostly used for AI-related tasks (e.g., Amazon Mechanical Turk, Yandex.Toloka). However, they fail to meet most of AI developers’ needs.

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IMAGE RECOGNITION

The Dbrain platform provides a scalable and accessible infrastructure to supercharge businesses with high-quality AI, integrated via a convenient API. They offer a wide range of turnkey and custom AI solutions, integration, and customization for their clients’ particular needs. Static image recognition, video surveillance and action detection, medical data processing, and content analysis of text streams, which currently lack working solutions would benefit from business-ready AI solutions.

Their AI platform will save clients much more than the commission they charge because they do not have to set up any infrastructure for data labeling, AI development, training, and deployment.

Read more: Whitepaper

Website: dbrain.io

Dbrain Campaign: https://bountyhive.io/join/Dbrain

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