Sunday 14 October 2018

Neogame - A Non-Profit Gambling Project

Gambling industry is one of the biggest profit making industries in the world. Blockchain has the power to make gambling provably fair. Yet, there gambling platforms developed on blockchain are not very famous.
Neogame Project aims for a widespread adoption of gambling platform that is built on Blockchain.

 
 
How it is Better ?
  1. Fully Autonomous - It is based on Ethereum Smart contract, and is autonomous with no central authorities . Github repository of the code can be found here.
  2. No Commissions - NeoGame won't be charging any commissions, making it a very good choice for gamblers.
  3. Scalable Jackpot - Contract will have a token that will be used for betting and will be awarded to the winner. This token TKT will be sold in crowdfunding.
 
The ICO
Crowdfunding (ICO) will last from 31 October 2018 to 30 November 2018. And for every Ethereum contributed, you will be awarded with 2000 TKT. Total supply of TKT is fixed to 500 million.
 
Soft Cap - 4000 ETH
Hard Cap - 20,000 ETH 
 
In case project reaches hard cap before 30 November, ICO may end earlier. So, if you are interested in investing in the project, do invest before time runs out.
 
The team plans to buyback TKT in future to support the price of the token. Also, since TKT is an utility token, it will create  a significant demand of TKT, thus decreasing the free TKT in market and thereby increasing its valuation.
 
 However, if the ICO doesn't collect at least 4000 ETH ( which seems very unlikely ) , then you will be refunded your investment amount.
 
 
The Bounty Campaign
If you wanna earn some free TKT, you can join the Bounties offered by NEOGAME. Overall 5% of all the TKT tokens are reserved for the bounties.
Which amounts to approximately $ 2.5 million.
 
Bounty Campaign distribution is as follows - 
  • Twitter – 15%
  • Facebook – 15%
  • Video or Blog or Article: 30%
  • Signature – 30%
  • Translation – 10% 
 
 If you want to get in touch with me, comment here or message me on Bitcointalk.
BTT Username : kalpit
 
Important Links - 
 

Friday 23 June 2017

openANX- Real World Application of Decentralised Exchanges

Recently, we have realised the lots of disadvantages of the Centralised Exchanges of cryptocurrencies. This includes-

  • Risk of Hacks
  • Risk of Fraud
  • No Control on Withdrawal/Deposit Fees
Image result for bitcoin exchange hacked

How Decentralised Exchanges solve these problems-

  • Users can see the source code of decentralised exchanges. Since they are open source, people can find any vulnerability and suggest fixes.
  • Since everything is coded onto a Smart Contract and it is open source , there are very low to no chances of fraud.
  • Since Decentralised exchanges are coded on smart contract they have fixed withdrawal and deposit fees.

So, let me introduce you to openANX now. It is  a non- profit organisation that will take advantage of the decentralised to improve the current Centralised Exchange Model (CEM) by creating a link between those exchanges.

Major Features of openANX-

  • Linking Exchanges- Exchanges offer a certain variety of coins. Some offer only Ethereum based coins, some offer fiat gateways and some offer cross blockchain exchanges.
  • Integrated Order Books- For increasing the liquidity, all the order books of various exchanges would be merged into a single book.
  • Transparency- Since it is based on Open source Ethereum Blockchain , it is very transparent.
  • Dispute Resolution- For dispute resolution, they will have a third party which will solve disputes in unpartial manner.

Conclusions

In future, there are a good chances that OpenANX would be a mainstream exchange. If you want to be a part in building of this exchange, join the ICN today.

Invest in openANX herehttps://www.openanx.org/

Links-
WEBSITE
SLACK
TWITTER

Tuesday 4 April 2017

TaaS - First Closed End Fund of Cryptocurrency

Cryptocurrencies have shown a tremendous growth in the past two years. The interest in Cryptocurrencies too has increased in this world. But there are several problems that investors experience, and many end up in losses.

Reasons of losses are-

Inexperienced traders buying pumps and selling on dumps.
Investments in scam ICO/cryptocurrency
Investment in projects that aren't transparent to its users. They carry a risk of losing all their investment.
Lack of liquidity of some cryptocurrencies/on some exchange. There is a big risk in investments on cryptocurrencies that don't have much volume. Liquidating a cryptocurrency with low trade volume, involves drastic fall in its price and could lead to losses.
Missing out pumps for selling a cryptocurrency due to lack of time.


So, in this article I would be discussing about a project which solves these problems.
This project is TaaS (Token as a Service).

Introduction


TaaS is the first ever closed end fund for crypto assets. Instead of managing your funds yourself, experts would be managing your funds. An important feature of TaaS is that it would only accept investments in ICO phase. However, TaaS tokens would be tradable on cryptocurrency exchanges after the ICO ends. TaaS would be giving periodic dividends to all its investors.


In subsequent Article I will discuss, how TaaS solves the problems I mentioned in the starting of the article. Also, I have created a calculator which would let you estimate your profits from your investment in TaaS.

Funds are managed by Experienced traders and a Trusted Team.

Have a look at their team-





TaaS would be distributing 50% of quarterly profits between ask TaaS holders. And the payment of this 50% is automatic and governed by an Ethereum smart contract. 25% is reinvested in the fund, which increases the Net Asset Value of the fund. And other 25% is the management fees.

TaaS is Transparent to Everyone

With the advanced cryptographic audit technology, TaaS becomes one of the most transparent investment in Blockchain and cryptocurrencies.

On an Audit page ask the API view only keys are given. Which would give another to ability to verify trades and balance on an exchange account. Also, all the money in first can also be studied by the SSL signature of online bank sessions.


Proven Results

TaaS showed that in 2016 , the altcoins market grew by over 300%. This shows that there is a good scope of making profits out of investments in Altcoin. The index they designed got them returns (on paper) of 300% without rebalancing and managing it periodically.
Periodic management of funds would have given even more returns.
From my personal experience, I converted $100 of Ethereum into $1000 in only 15 days. While in the same period Ethereum grew only by 4 times. And I would like to mention that I'm not any pro trader. I didn't learn trading from anywhere.

Since, TaaS has got a team of experienced traders which can increase the returns of this fund significantly.

To ensure there is enough liquidity of funds and be safe from scam exchanges, trades would only be made on trusted exchanges like Poloneix, Kraken and Bittrex.


Expected Profit

Now Coming to Expected profits. While there is always a risk associated with cryptocurrencies, still the funds managed by experts would have a significant lower risk.
If the same trend continue as 2016, it means 300% profits, out of which 50% will be distributed. Which means ROI of investment within an year. And additionally, you also hold TaaS token whose value would keep on increasing.

For example: Let's consider an Average scenario.
TaaS is able to gain 10% in profits in each quarter.
If we assume TaaS price to be $1 in ICO.
You get 5% of returns in first quarter. Also the NAV increases by 2.5% . In the next quarter you get 5.125% returns (as NAV increased). In that way your earning percentage increases after each dividends payout.
But there is also a small correction, only 75% of funds collected in ICO would be used for investments.
I have considered this correction in next section.


Do your own Calculations Here


It is always recommended that investors should do their own calculations.

So, Here is a widget I designed to make that easier. In the first field enter the percentage profits TaaS will make quarterly (according to you). In second field enter the time duration of your investment  (in Number of Quarters). 4 Quarters = 1 Year.
The output will show you the ROI (in percentage) for the given time duration (from dividends only).


Invest in TaaS : Here

Details of ICO

For every investment in TaaS , you will get TaaS ERC 20 Ethereum tokens. Holding a TaaS represents your ownership in the fund.
Base price is $1 per TaaS. But you can take advantage of the bonuses.

Here is the Bonus Structure-


As of 4 April, First two bonuses phases are over and currently, you will get a bonus of 20%.
Don't miss out these bonus phases. They provide an opportunity to early investors make more profit. For example if this ICO reaches 9000 Bitcoin investors, last investors won't get any bonus, so you have already made an unrealised profit of 20%.

Friday 17 March 2017

Edgeless - Decentralised Online Casino with 0 House Edge (ICO Live)

Online gambling industry has been continuously increasing each year. The main reason for peopshifting to online gambling are lower fees and ease to use.
But still there exist some problems in this industry. Fees are still high. Many Online casino have around 5 % house edge and high deposit and withdrawal fees. These fees directly affect the player's profits.

Many casino have introduced some methods to gain trust of users and show the game is 100% fair. But only a few of them have introduced a truly fair online casino.

Edgeless now introduces the first ever online casino with 0 House Edge. In addition to this, everything is transparent and governed by Ethereum Smart Contracts. Also, you won't need to register on Edgeless to use it.

You may be wondering , how would a casino remain alive without any house edge.
According to their research, not all players play on casino perfectly. It leads to an approximate 0.83% House Edge practically.

A Short Video on Edgeless



Edgeless would consist of -


  • Blackjack 



  • Video Poker 


  • Micro Limits Dice 


  • Sports Betting

  • Developers can also launch their own games on Edgeless Platform 



Timeline


ICO (Initial Coin Offering)

Edgeless is running an ICO currently. If you want to be a part of this revolution in online casino, invest in Edgeless' ICO. It would end on 21st of March.
Ethereum is the accepted cryptocurrency for this ICO. However, you may use Shapeshift and invest in Edgeless.
The current exchange rate is 1 ETH = 1000 EDG.

Holding EDG (Edgeless Token) entitles you to chance to win 40% of Edgeless' Profits. Every month , 40% of profits would be sent to an Ethereum smart contract. These funds would be distributed through a lounge lottery exclusively for EDG holders.

Invest Now at edgeless.io

Disclaimer: US citizens are not legally allowed to participate in Edgeless Project crowdsale

Monday 19 September 2016

ICONOMI (ICO Over)


The Crypto Platform is rising very significantly nowadays. Many countries like China, Hong Kong, USA, India, European Countries etc. have seen a growing status to Cryptocurrencies.
Bitcoin started in 2009 had created history and today has market cap of over $1 billion dollar.
So, now again a new Platform is opening in Crypto World. Which may become a major investment platform in coming years.




Cashila, a famous cryptocurrency exchange company has announced a new ICO for ICONOMI.

Iconomi would be a new investment platform for getting higher returns than traditional ones. According to ICONOMI, it would be perfect for people interested in Higher Returns for investments.


Crowdsale - 25 August to 29 September 2016


Till Now ...

Crowdsale (ICO) has been initiated. The ICO is seen as one of the most successful ICOs. About $5 million has already been raised till 19 September 2016.
People participating in ICO would get a Crypto currency called ICN.
A total of 100 million ICNs would be issued. Each ICN would have a value and could be traded. Other than that, if you invest in ICO you would get dividends from the company proportional to your investment. ICONOMI claims that infrastructure for Exchange platforms has been set up.
According to my Calculations, 1 BTC would get you around 9200 ICNs. (may change with changes in exchange rate)

Bounties

2% of all the ICNs have been reserved for the bounties.

You can claim your bounties through the following ways-
1. Translation and moderation of forum
2. Twitter and Facebook campaigns.
3. BitcoinTalk Signature Campaigns
4. Blog Posts

But, ICONOMI hates Spam.
So NO SPAM, otherwise you would be banned from the bounties.


Background

The team behind ICONOMI is very trusted one. ICONOMI is powered by Cashila, which increases the trust factor.

Jani Valjavec and Tim M. Zagarare the Co-founders
Ales Lekse is one of the developers.

ICONOMI is very responsive on social media and keeps regularly updating posts.


 

 How your investment would be used?

ICO would fund the expenses in the launch of the platform.
The additional funds would be used to fund the Initial investments.
Escrow us being used for storing the money collected in ICO with some famous people with signature of multisig wallet which includes CEO of Lisk


How to Participate ?

After creating account on official ICO page ( https://ico.iconomi.net) , use Shapeshift or directly deposit to given address.


Connect with ICONOMI

https://ico.iconomi.net

Twitter

Facebook

Medium

BitcoinTalk


Tuesday 12 July 2016

Download Torrents without a Torrent Client !

Many a times you may get slow speeds, connection problems, etc while downloading torrents.

Recently, I found a whole new way to download the Torrents.
Seedr will solve all your problems.

Link : https://www.seedr.cc/

Seedr offers you lot many advnatages over the traditional way of downloading torrents.
You can enjoy free features such as High speed download to Cloud and free storage of 2 GB.

So, all of you enjoy the Torrents with Seedr.

Wednesday 16 March 2016

XBTFreelancer- Connects Employers with Freelancers

Some months ago, I came before a site called XBT Freelancer.
Website URL- https://www.xbtfreelancer.com

It has been a great experience using the site. Through this site employers and freelancers can meet at one place. This provides opportunities to Freelancers to earn BTC for doing jobs inan their free time and employers get an option to expand their business.This site offers many advantages over other websites in same segment. Some of them are-

1. XBT Freelancer is a Fully Bitcoin Based site

 2. Offers a good interface for users to easily understand. And a Good support system.

3. We get paid in bitcoins and can get jobs done with bitcoins, which is quite convenient and fast.

4. It has become possible for people from countries such as Myanmar, Vietnam, etc. who don't have PayPal accounts to work as a Freelancer 




5. The transaction fees is very low which is only about 4 cents per transaction and only 5% on the work done.

6.    There's a good referral system. You get 35℅ of the revenue made by the site.

There are other benefits of the site too.Please post your views on the site too.Come Here,Join me.Do post your comments and reviews below.

 Some other information regarding this site would be added soon. Check back, for more info.