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Marketing Strategies and Practices for Block chain Projects and Startups.

If you are a blockchain startup, open source project or decentralized protocol and believe that you don’t need the right kind of marketing to succeed, think again.
Marketing” has traditionally been a weakness in the early lives of many tech startups for a variety of reasons. Most startups are often led by young or inexperienced CEOs or project leaders who come from a strong engineering or product mindset. These founders either don’t understand or don’t appreciate the value of marketing, and certainly that comes from a lack of experience or education on the subject. Most blockchain companies/projects founders are no different.
At the root of this situation lies a common and fundamental misconception: not knowing the true meaning and functions of marketing agency in mumbai .

Marketing Mistakes

Wrongfully, marketing is prematurely equated to shouting about a product prior to having it ready for the market to try. Others think that marketing is about hiring a PR firm, polishing a website, publishing a blog post, promoting on social media, designing a great logo with new colors and fonts, or producing videos about your product and Society Activation in Mumbai.
Unfortunately, during the ICO frenzy days, the term marketing has been bastardized around excessive usage of the above named activities. Therefore, marketing has received a bad rap in blockchain circles because it has been equated to pumping bad ICOs where the marketing consisted of purely unchecked promotion.
In the past few months, I have had several conversations with founders of blockchain related projects and companies who clearly didn’t seem to understand, let alone appreciate the value and priority they should be giving to doing a better job at marketing. When I challenged them on their marketing, or broached the topic, the responses ranged along the following flavors:
· We’re not ready for marketing until the next product is released and announced
· We have it in the budget for next year to hire a PR firm
· I’ve been doing videos that will air as advertising later
· We prefer to deliver first, and then talk about what we have done
· Marketing is expensive and we don’t have the budget now
· We hired a design firm and redoing our website with a new visual identity
· We don’t need marketing, we focus on our community on Reddit
All of the above are the wrong answers, and point to not understanding the various parts of marketing.

Marketing is a Process

So let’s start with the basics and further discuss what marketing is, or is not about. First, there are 3 parts to marketing:
· Product marketing – explaining what the product does (features/benefits), and how it is differentiated from others. Goal: Positioning the product.
· Corporate marketing – positioning the company and communicating its messages in a variety of means. Branding and Marketing Communications is a big part of it. Goal: Generate Awareness and Preference.
· Customer marketing (sometimes labelled as field marketing, direct marketing or content marketing) – getting in front of your target market to generate adoption, leads and sales. Goal: Generate Adoption and Loyalty.
The kind of marketing that is often deficient in blockchain companies or projects is Marketing Communications, i.e. how to strongly and clearly message in a few words what your project, company or product do for the usecustomer. But this must be done as a continuum. Messaging is not a single shot of sound bites around a launch event. To make it even more effective, it must be customized to the specific audience you are trying to reach: customers, investors, employees, media, influencers, partners, etc.
The process of creating the messaging is a complex exercise that has several layers designed to answering the WHY, WHAT and HOW of your value proposition. Many companies nail the WHY (Elevator pitch), but don’t follow through with the WHAT (Competitive positioning and Core value proposition), or the HOW (Product/Solution messaging and Technology differentiation).
Marketing is a process that evolves along a series of objectives, from Awareness, to Consideration, to Trials, and then Loyalty. Different tools are effective for each one of these steps. For example, thought leadership focuses on the awareness aspect and trying to shape the market by educating it. The brand leadership helps to influence the prospect’s perception towards you. You want to gradually progress from letting your target market care, understand, believe, then act to try your product and merchant onboarding agency in mumbai .
Here is the right order of progression for the following activities:
  1. Brand Strategy
  2. Positioning Statement
  3. Messaging Elements
  4. Visual Identity
Sadly, a common mistake I see is starting with the visual identity and thinking that it is branding. Often, that is the result of being led by an inexperienced CMO or one that came from the PCommunications side, or when the organization has hired a brand design firm instead of a brand strategy firm. Most brand design houses (and some PR companies) will tell you they will take care of your messaging and branding, but that is the tail wagging the dog. Brand strategy takes a very unique skill, and there are few brand strategy experts that do a great job with it. One brand strategy firm with whom I have had experience working with, is Brandsinger.
In a nutshell, if you are not occupying a position in the minds of users/customers (and the prospective market), then your brand value is zero. Someone else will come and articulate their value proposition better than you, and will subsequently occupy that position. If you are first to deliver a product, it may not matter. You need to be first in occupying that specific position in the minds of your target market. The battle is a battle of the minds, as rightfully spelled out in the seminal book on that topic Positioning: The Battle For Your Mind, a classic book that I have perhaps read over 20 times (over a course of 25 years), and almost memorized and put into practice accordingly. The sequel to that book, – Marketing Warfare, is also a must read marketing classic from the legendary Ries and Trout, the two authors of that series of work.

Blockchain Examples

Let’s give it some blockchain and cryptocurrency flavours.
Bitcoin occupied first the digital money position and still does to this point. Ethereum exploited a weakness in Bitcoin,- its ease of programmability and development platform potential, and it currently owns that position. All other (newer) blockchains have to attack Bitcoin or Ethereum as the reference points. Most of them have to raise the volume and intensity of their marketing in order to make an assault on these established leaders. It is always more expensive to attack than it is to defend a position.
ZCash and Monero have exploited the privacy niche. Coinbase occupies the safety ladder in cryptocurrency exchanges. Binance is trying to attack it with a me-too strategy focused on scale, and they are extending their brand with new services. LoomX has been good at becoming a Layer 2 leader for Ethereum. Take any other segment. For example, when you think file storage, you probably think Storj or Filecoin because that’s the position they are occupying. When you think prediction markets, you probably think of Augur or Gnosis. And when you think of stablecoins, Maker comes to mind.

Back to Basics

For those of you who know me from the blockchain market only (over the past 6 years roughly), you may not know that I’ve previously spent a long career in sales and marketing with a variety of positions and experiences in direct sales, field marketing, corporate marketing and several startups as founder and default chief marketer. More specifically, since I exited the operational world via my last startup in April 2013, I’ve written extensively about startup marketing in the early years of this blog. All of it still applies, as I focused on explaining the basics of market positioning, marketing strategy, messaging, brand strategy, and related marketing topics.
There is no point re-inventing marketing for the blockchain sector. So, I’m going to link to some basics that I’ve already written about. Here, I collected the 12 most pertinent blog posts into a single one that links to them: Startup Marketing Compendium of 12 Posts on Positioning, Branding, Messaging and more. Then I wrote one more, The Biggest Blind Spot of a Startup CEO is Ignoring Their Brand.
So please go read that series, and if you need help implementing some of that, don’t start by hiring a PR agency. Rather, take an introspective view, and hire the right marketing person first.
Another common weakness with blockchain companies is they fail to tell their stories in non-technical terms to the market. It is not enough to excite the developers.
And don’t just focus entirely on social media publishing. Unless you have 1 Million+ Twitter followers in your target audience, promoting on social media will only make a dent in your awareness goals.
Remember, marketing is not just writing a press release. It is not shouting from the rooftops. It takes finesse, planning, thought, accuracy, targeted actions, and iterations to get it right.
And timing is so important. Sometimes the marketing is way ahead of delivery, and sometimes it is way behind it, but when the timing and sequence are right, that’s when the magic of results happens.
Allow me repeat this: marketing is a process. Learn it, acquire experience in it, practice it, but don’t be amateurish about it.
About Us.
We are a local marketing and sales agency that help small/medium sized businesses and Start up. Established for over 10 years, our clients vary in size and cover a wide variety of business sectors. we see ourselves as active members of the local community helping local businesses by providing a variety of field marketing, btl marketing , door to door marketing, brand promotion, social media marketing, telemarketing, web and printed based marketing materials.
Contact Us.
Get in touch with us, we would love to discuss your marketing needs.
We love a good coffee and a challenge, so would be happy to meet up with you face to face.
submitted by parth770 to u/parth770 [link] [comments]

Accepting Nano as a Small Locksmith Business

Hi there,

We have recently posted our blog regarding Bitcoin and Crypto Currency. We have been accepting Bitcoin, Dash and Monero for over four years now however our problem is that no body actually pays us in it.
When we posted the blog the most support for the next coin to add has been Nano, so I'd like to go ahead and start researching more in to Nano and I'm hoping this community can help.
Here are some of my questions:
Who processes Nano transactions and what are they incentivised by?
Are Nano payments irreversible like most other cryptos?

Which wallet should I use? Currently I would just use my Binance addresses to receive potential crypto payments. Is it okay to do this method for Nano as well?
Where can I find small logo/badges to insert on the footer of my website? preferably with a white background like the others.
Where can I list my business? For example Dash has Discover Dash and Bitcoin has Coinmap.org
What else should I know about Nano?
Our website is - https://seymour-locksmiths.co.uk/
And you can read our blogs here:
https://seymour-locksmiths.co.uk/bitcoin-locksmith/
https://seymour-locksmiths.co.uk/bitcoin-acceptance-bitcoin-black-friday/
Many thanks,
Seymour Locksmiths
submitted by SeymourLocksmith to nanocurrency [link] [comments]

My Analysis/predictions of a bunch of Cryptos

I have been in crypto technically for 2+ years but, since last spring gotten very into it. Here is my opinion on a bunch of coins. I know I don't know everything about crypto, but I also know nobody (except maybe Satoshi) can say for sure how this will play out. Here's my analysis(half-assed bullshit guesses). Yea I'm very bullish.
BTC The king. I think it has the best likelihood of mass adoption. Wales want to see liquidity before they jump in. But more importantly they want to see big marketcap. They don't want to be a huge % of a market and not be able to pull out if it drops. I think there will be a tipping point in the near future where all of a sudden major financial companies start to pour in investments and millionares/billionares dump tons of money in. Wales are what takes us to 50-100k per coin. Also at a critical mass of marketcap the stigma of "betting on bitcoin" will turn to "putting it in bitcoin". Still too early to call a winner, but once they dive in it might be too late for other coins to top it. The tech that is massively adopted is not always the best. Yea there are fees, but it is still better than a wire transfer.
Jan 1 2018: 12050 April 1 2018: 16800
ETH Very strong. Accurately valued imo. I think it might go down a bit in the next year or so to 280 and stay, but I also think it will only take a few very successful Dapps for it to explode. Good leader too. I think the move to POS is great and I think the people behind it are very dedicated and pumped.
Jan 1 2018: 310 April 1 2018: 750
LTC- solid coin. Stability and a good leader. It could become the silver to the gold. I see it continuing to be very high volume.
Jan 1 2018: 72 April 1 2018: 105
BCC- No idea.
XRP- maybe great for a short term gain but I see major problems for it long term. I know a lot of people here don't like it because they think it's centralized but that's not why I don't like it. To me the problem is that for the "product" they offer to banks they can easily face competition and lose. There are already other coins that do similar things.
Jan 1 2018: .23 April 1 2018: .40
NEM Cool idea. I really like their coin and PoI. I think this coin has a chance of being massively adopted. The only problem is that they don't market much and don't get hype going. If they saw another big 20% burst I think they would snowball and more people would look up what they were about. They have small volume which isn't good, but I think it is because those who are in it see it as the best tech.
Jan 1 2018: .25 April 1 2018: .85
NEO Another coin that could be massively adopted. I don't see it going down too much anytime soon. After all the China FUD it only took a small hit and is still in the top 10. If China endorses it or has some kind of statement that can be interpreted as pro NEO I think it will explode. I like their model and how gas works with the POS. You can't go wrong with this one.
Jan 1 2018: 42 April 1 2018: 115
**DASH- PIVX is better in EVERY way.
IOTA- I think many can agree that this is the biggest question mark. I think it is the riskiest coin, but also potentially could see the most incredible gains. If the ball starts rolling with this and if they every get to the point where they can remove the coordinator I think it's lights out. GG. The question imo is can they get to that point while still being relevant and while people still believe in them. They have to get many people using the coin before they can get to that point.
Jan 1 2018: .62 April 1 2018: 1.8
XMR (monero) Awesome coin. Honestly I think this the safest bet. It has one of the most passionate communities and a good visible leader who understands his role is replaceable. The fungibility factor is SOOOOOO under valued and I wish more coins took this part more seriously. I like that there is no rich list. This coin seems to 2x all the time. The community has the "ask not what Monero can do for you but what you can do for Monero vibe"
Jan 1 2018: 195 April 1 2018: 405
QTUM, OMG, CARDANO all seem solid, but I haven't looked into them enough.
Bitconneeeeeeeeeeeect Not feelin it.
Jan 1 2018: 380 April 1 2018: .380
LISK- I think Lisk is awesome and will pop up to 12 by spring. JS is one of the most popular languages and its users are growing. At the end of the day it's the developer that makes widespread adoption. The easier it is for them to make apps for the block chain, the faster people can adopt it. DPOS imo is pretty cool. The people behind it seem really motivated and imo they have a cool logo and easy to remember name.
Jan 1 2018: 8.14 April 1 2018: 14.01
ARK I'm not gonna pretend to understand how smart bridges work, but I think they will go up. Their team seems professional and passionate and I like DPOS.
Jan 1 2018: 3.01 April 1 2018: 7.22
ZCASH Better off with XMR or PIVX. The tweet their boss gave was pretty telling. I have a bad vibe about them.
Stellar lumens IDK. Seems a lot like ripple
Jan 1 2018: .09 April 1 2018: .112
Stratis Better off with LISK or NEM imo
Jan 1 2018: 6.11 April 1 2018: 7.18
EOS I don't really understand this coin yet
MonaCoin Japan's coin. I think NEM is better because I like their POI and the fact they have been around longer. I don't think a coin can win off just strong patriotism/nationalism unless it is directly/officially endorsed by their gov't or issued (doubt that will happen)
Jan 1 2018: 4.42 April 1 2018: 6.44
PIVX Great coin. Their dev team sets targets and hits them. ZEROCOIN + super fast transactions are hard to beat. One of the most ideal coins with a community that's very passionate.
Jan 1 2018: 4.12 April 1 2018: 10.87
Decred One of the best long term coins. They have a good team and one of the smartest roadmaps. If crypto ever gets to maximal adoption you are basically talking about universal self governance and decred has a lot of foresight with their voting system. The down sides are that it's kinda complex and a lot to read though. New comers to crypto already have enough on their plate.
Jan 1 2018: 39.55 April 1 2018: 58.86
Steem Cool idea. I don't think its going away. At the same time I wouldn't buy this unless you like using the platform
Jan 1 2018: 1.02 April 1 2018: 3.31
Augur /Gnosis cool ideas. I see more competition coming for them. The draft kings and predictit markets are already huge. it's just a matter of showing the base how to use the platform
Jan 1 2018: 21.05 April 1 2018: 38.07 Jan 1 2018: 75.33 April 1 2018: 80.60
Binance I think this will pop up. Binance already has some of the lowest fees and BNB is functional already.
Jan 1 2018: 4.22 April 1 2018: 8.64
*Vertcoin/Grostle * I think people think because it's asic resistant it's more decentralized, but I think that's only is true in early stages. If it catches on people will figure how to rig many GPUs together and mine that way. I think they will be pumped and dumped again. I think they are the new DGB VTC: Jan 1 2018: 8.94 April 1 2018: 10.20
Populous/tenx Haven't looked into it enough but have heard good things
Salt I think Salt is a great. I think they might face more competition later, but if they can be stable and reliable, people will use their services and the price will keep going up.
Jan 1 2018: 5.44 April 1 2018: 10.91
Golem Big gamble. One coin that has tremendous upside(10x) but could also fade into obscurity. It faces a lot of competition but it seems like given it's niche function it has a strong following. The Devs for this I think are good. This is a very ambitious project. Who knows maybe 1 day a super AI will run on it.
Jan 1 2018: .34 April 1 2018: .81
Factom/Civic Great ideas. I really hope one of them becomes widely accepted/adopted. FCT
Jan 1 2018: 22.47 April 1 2018: 10.87
BAT Another great idea. I hope it does well. I like trying out new browsers
Sia/Storage I think these could moon but you will have to wait a while. I like Sia a bit better.
Sia > 1 dollar 2019
ZEN/VERG/ZCOIN Great on privacy. I'm not as big on POW and I think MONERO might have too much of a head start but these coins are unique. It's still early for any of them to become top dog
Byteballs cool Idea. I like IOTA better. Raiblocks might be better than both. but they are small and not on many exchanges. And as you can tell from the quality of this post I am too lazy to sign up for some new exchange right now.
Why so Bullish? You already know Where should ppl put money? Banks... almost no interest. If they raise interest rates they could crash the market. Either way $ will be printed in mass. Bonds..... terrible rates give me a break Stocks..... Market will probably go up but could crash any time. Not as liquid as crypto (I can't buy a computer with stock on robinhood). The whole point of stocks used to be owning a part of a company and having a say. That part of the value of a stock is long gone and diluted with these mega corps and everyone just hopes for capital gains. We all know where to go for gains. gold/silver... maybe. Crypto... Sky is the limit. It will soak up all the money that people hide, new money from the young kids in tech sectors, old money who want to pass crypos to their kids, and any sector that see's the benefit of it.
Best of luck to everyone out there.
submitted by AnotherAceTeeHummR34 to CryptoCurrency [link] [comments]

TestGains

Crypto News Summary- September 27
🔹 General News: 💸 SEC Commissioner Hester Peirce says digital assets could one day be ‘the money of the internet’. ⛏ Bitmain to launch platform connecting crypto miners and farms in October 🤝 IBM has announced it's support of Howdoo
🔹 Coin Specific News: 💥 Binance lists Hedera Hashgraph (HBAR) 📱 Telegram’s Gram wallet available in App’s Alpha version for iOS 🔥 Ripple’s Xpring acquires payment platform Logos Network to pursue DeFi 🚀 Cardano's Shelley testnet goes live 🇷🇺 Russian chemical producer JSC IVHIMPROM planning to use Credits Blockchain for supply chain management
🔹 Exchanges: ❌ ⁠Upbit reorganizes BTC, ETH markets, and ends Bittrex partnership
🔹 Misc: ⤴️ Search for “Bitcoin” growing in Africa and the Middle East – Binance Research
🔹 Cool tech fact: The Digital Revolution is just starting. A working Quantum Computer could arrive within the next 10 years. It will enable exponential jumps in computing power. Artificial intelligence will outperform humans in many activities in the next 10 years.
💬 Quote of the day: "Don't let small thinking cut your life down to size. Think big, aim high, act bold. And see just how big you can blow up your life."—Gary W. Keller
🔹 Brought to you by @GainsANN
submitted by gainsTest to CryptoNews [link] [comments]

Waltonchain All-in-One - Extended

Welcome!

I would like to warmly welcome everyone to waltonchain
This is an updated, extended community-written post and I will try to update it regularly over time.
Please respect our rules (see sidebar) and feel free to comment, contribute and ask questions.
Don’t forget to subscribe to the subreddit for any news on Waltonchain!
 

Getting Started

What is Waltonchain?

The Waltonchain Foundation is building a cross-industry, cross-data sharing platform by integrating Blockchain with the Internet of Things through self-developed RFID Chips with intellectual property rights.
The in-house developed Waltonchain RFID chips integrate a proprietary, genuine random number generator and an asymmetric encryption logic and hardware signature circuit, all of which are patent-protected.
The combination of self-developed RFID chips and the Waltonchain blockchain will ultimately achieve the interconnection of all things and create a genuine, believable, traceable businessmodel with totally shared data and transparent information.
Waltonchain will unfold a new era of the Value Internet of Things (VIoT).
 
Waltonchain Introduction Video
Launch of Waltonchain
 

The Project

The Waltonchain team has formulated a 4-phase development plan, starting from infrastructure platform establishment to gradually incorporating retail, logistics and product manufacturing, and to finally achieving the full coverage of the business ecosystem.
 
As for the phase 1.0 of the project, the team has developed the clothing system integration scheme based on RFID. The application scenarios at phase 1.0 will establish Golden demonstration template
At phase 2.0, our RFID beacon chip will be massproduced and can be used in clothing, B2C retail and logistics.
At phase 3.0, manufacturers will achieve traceable customization of intelligent packaging.
At the project phase 4.0, with the upgrading and iteration of assets information collection hardware and improvement of blockchain data structure, all assets can be registered in Waltonchain in the future.
 
Original Roadmap Thread

Project-Updates:

Video: WTC-Garment System by Waltonchain & Kaltendin
Video: WTC-Food System by Waltonchain
 

Official Resources

Waltonchain Whitepaper
Waltonchain Official Website
Waltonchain Github
 
Official Official Medium
Official Slack
Official Instagram
Official Facebook
Official Twitter @waltonchain
Official Telegram @waltonchain_en
 
Dedicated community Telegram channel for Waltonchain miners, MN & GMN holders.
@WaltonchainMining
 
 
Chinese Community
本群为沃尔顿链华文官方社群
Chinese Telegram @waltonchain_cn
官方网站 - Waltonchain China - Website
 
Korean Community
공식사이트 - Waltonchain Korea - Website
카카오톡 - Waltonchain Korea - Kakao
트위터 - Waltonchain Korea - Twitter
블로그 - Waltonchain Korea - Naver Blog
인스타그램 - Waltonchain Korea - Instagram
Freyr 공식텔레그램방(한국) - Freyrchain Korea - Telegram
Communities in Progress
Russian Twitter @waltonchain_ru
Russian Website
Japanese Twitter @waltonchain_jp
Japanese Website
Brazilian Twitter @waltonchain_br
 

Waltonchain Wallet

Please note that before the token swap,
DO NOT transfer your ERC20 WTC tokens to the WTC wallet!!
 
Wallet for PC (Github)
Web Wallet - Instruction Manual
Windows Wallet - User Manual
Windows Wallet - Tutorial Video
Wallet for Android
Google Playstore
Github
Android User Manual
Android Wallet - Tutorial Video
 
Wallet for IOS
(pending Apple Store approval)
 
Explorer
Waltonchain Explorer
Waltonchain Blockchain Explorer User Manual
 
Mining
Waltonchain GPU Mining User Manual
Waltonchain Progressive Mining Reward Program
 
Unofficial
Unofficial Guardian Masternode Tracker
waltonchain.tech - Unofficial collection of news and useful resources

The Foundation

>> Waltonchain Organizational Chart <<<--
 
Waltonchain Foundation Ltd. (Singapore) - 沃尔顿链
Waltonchain (HK) Development Co. Ltd. (Head company)
Walton Chain Technology Co. Ltd. (Korea)
Silicon (Shenzhen) Electronic Technology Co. Ltd.
Silicon (Xiamen) Electronic Technology Co.Ltd. (RFID Chip Research)
Silicon (Quanzhou) Electronic Technology Co. Ltd.(IoT Intelligent Switch Chip)
Nanjing Sleewa Information Technology Co. Ltd. (Blockchain)
Quanzhou KEDIHENG Electronic Technology Co. Ltd
Xiamen IOT Technology Co. Ltd.
Xiamen Citylink Technology Co.Ltd.
Xiamen ZhongChuan IOT Industry Research Institute Co.Ltd.
 

The Team

Founder:

Do Sanghyuk (都相爀) – Initiator in Korea
Korean, Vice Chairman of the China - Korea Cultural Exchange Development Committee, Director of the Korea Standard Products Association, Chairman of Seongnam Branch of the Korea Small and Medium Enterprises Committee, Chairman of Korea NC Technology Co., Ltd., Senior Reporter of IT TODAY News, Senior Reporter of NEWS PAPER Economic Department, Director of ET NEWS.
 
Xu Fangcheng (许芳呈) – Initiator in China
Chinese, majored in Business Management, former Director for Supply Chain Management of Septwolves Group Ltd., has rich practical experience in supply chain management and purchasing process management. Currently, he is the Director of Shenzhen Silicon, the Director of Xiamen Silicon and the Board Chairman of Quanzhou Silicon. He is also one of our Angel investors.
 

Senior Experts:

Kim Suk ki (金锡基)
Korean, South Koreas electronics industry leader, Doctor of Engineering (graduated from the University of Minnesota), Professor of Korea University, previously worked at Bell Labs and Honeywell USA, served as vice president of Samsung Electronics, senior expert in integrated circuit design field, IEEE Senior Member, Vice President of the Korea Institute of Electrical Engineers, Chairman of the Korea Semiconductor Industry Association. Has published more than 250 academic papers with more than 60 patents.
 
Zhu Yanping (朱延平)
Taiwanese, China, Doctor of Engineering (graduated from National Cheng Kung University), Chairman of the Taiwan Cloud Services Association, Director of Information Management Department of National Chung Hsing University. Has won the Youth Invention Award by Taiwan Ministry of Education and Taiwan Top Ten Information Talent Award. Has deeply studied blockchain applications over the years and led a block chain technology team to develop systems for health big data and agricultural traceability projects.
 

Chief Experts

Mo Bing (莫冰)
Chinese, Doctor of Engineering (graduated from Harbin Institute of Technology), Research Professor of Korea University, Distinguished Fellow of Sun Yat - sen University, Internet of Things expert, integrated circuit expert, Senior Member of Chinese Society of Micro-Nano Technology, IEEE Member. Has published more than 20 papers and applied for 18 invention patents. Began his research of BitCoin in 2013, one of the earliest users of btc 38.com and Korea korbit. Served as Technical Director of Korea University to cooperate with Samsung Group to complete the project Multi sensor data interaction and fusion based on peer to peer network. Committed to the integration of block chain technology and Internet of Things to create a real commercialized public chain.
 
Wei Songjie (魏松杰)
Chinese, Doctor of Engineering (graduated from the University of Delaware), Associate Professor of Nanjing University of Science and Technology, Core Member and Master Supervisor of Network Space Security Engineering Research Institute, Block Chain Technology expert in the field of computer network protocol and application, network and information security. Has published more than 20 papers and applied for 7 invention patents. Previously worked at Google, Qualcomm, Bloomberg and many other high-tech companies in the United States, served as R D engineer and technical expert; has a wealth of experience in computer system design, product development and project management.
 

Core Members

Shan Liang (单良)
Graduated from KOREATECH (Korea University of Technology and Education) Mechanical Engineering Department, Venture Capital PhD, GM of Waltonchain Technology Co., Ltd. (Korea), Director of Korea Sungkyun Technology Co., Ltd., Chinese Market Manager of the heating component manufacturer NHTECH, a subsidiary of Samsung SDI, economic group leader of the Friendship Association of Chinese Doctoral Students in Korea, one of the earliest users of Korbit, senior digital money player.
 
Chen Zhangrong (陈樟荣)
Chinese, graduated in Business Management, received a BBA degree in Armstrong University in the United States, President of TIANYU INTERNATIONAL GROUP LIMITED, leader of Chinese clothing accessories industry, Chinas well-known business mentor, guest of the CCTV2 Win in China show in 2008. Researcher in the field of thinking training for Practical Business Intelligence e-commerce and MONEYYOU course, expert on success for Profit Model course. Began to contact Bitcoin in 2013 with a strong interest and in-depth study of digital money and decentralized management thinking. Has a wealth of practical experience in the business management, market research, channel construction, business cooperation and business model.
 
Lin Herui (林和瑞)
Chinese, Dean of Xiamen Zhongchuan Internet of Things Industry Research Institute, Chairman of Xiamen Citylink Technology Co., Ltd., Chairman of Xiamen IOT. He successively served as Nokia RD Manager and Product Manager, Microsoft Hardware Department Supply Chain Director. In 2014, started to set up a number of IoT enterprises and laid out the industrial chain of the Internet of Things. The products and services developed under his guidance are very popular. Assisted the government in carrying out industrial and policy research and participated in planning of multiple government projects of smart cities, IoT towns and project reviews.
 
Ma Xingyi (马兴毅)
Chinese, China Scholarship Council (CSC) special student, Doctor of Engineering of Korea University, Research Professor of Fusion Chemical Systems Institute of Korea University, Korea Sungkyun Technology Co., Ltd. CEO, Member of Korea Industry Association, Associate Member of the Royal Society of Chemistry, has published his research results in the worlds top journal Nature Communications and participated in the preparation of a series of teaching materials for Internet of Things engineering titled Introduction to the Internet of Things. His current research direction covers cross-disciplines that combine blockchain technology with intelligent medical technology.
 
Zhao Haiming (赵海明)
Chinese, Doctor of Chemical Conductive Polymer of Sungkyunkwan University, core member of Korea BK21th conductive polymer project, researcher of Korea Gyeonggi Institute of Sensor, researcher of Korea ECO NCTech Co., Ltd., Vice President of the Chinese Chamber of Commerce, Director of Korea Sungkyun Technology Co., Ltd. He has been engaged in transfer of semiconductor, sensor and other technologies in South Korea. He is an early participant of the digital currency market.
 
Liu Cai (刘才)
Chinese, Master of Engineering, has 12 years of experience in design and verification of VLSI and a wealth of practical project experience in RFID chip design process, SOC chip architecture, digital-analog hybrid circuit design, including algorithm design, RTL design, simulation verification, FPGA prototype verification, DC synthesis, backend PR, package testing, etc. Has led a team to complete the development of a variety of navigation and positioning baseband chips and communication baseband chips, finished a series of AES, DES and other encryption module designs, won the first prize of GNSS and LBS Association of China for scientific and technological progress. Finally, he is an expert in the consensus mechanism principle of blockchain and the related asymmetric encryption algorithm.
 
Yang Feng (杨锋)
Chinese, Master of Engineering, worked at ZTE. Artificial intelligence expert, integrated circuit expert. Has 12 years of experience in VLSI research and development, architecture design and verification and 5 years of research experience in artificial intelligence and the genetic algorithm. Has won the Shenzhen Science and Technology Innovation Award. Has done an in-depth research on the principle and realization of the RFID technology, the underlying infrastructure of blockchain, smart contracts and the consensus mechanism algorithm.
 
Guo Jianping (郭建平)
Chinese, Doctor of Engineering (graduated from the Chinese University of Hong Kong), Associate Professor of the Hundred Talents Program of Sun Yat-sen University, academic advisor of masters degree students, IEEE senior member, integrated circuit expert. Has published more than 40 international journal conference papers in the field of IC design and applied for 16 patents in China.
 
Huang Ruimin (黄锐敏)
Chinese, Doctor of Engineering (graduated from the University of Freiburg, Germany), academic advisor of masters degree students, lecturer of the Department of Electronics of Huaqiao University, integrated circuit expert. Mainly explores digital signal processing circuit and system implementation and works on digital signal processing technology long-term research and development.
 
Guo Rongxin (郭荣新)
Chinese, Master of Engineering, Deputy Director of the Communication Technology Research Center of Huaqiao University. Has more than 10 years of experience in design and development of hardware and software for embedded systems, works on the long-term research and development of RFID and blockchain technology in the field of Internet of Things.
 
Dai Minhua (戴闽华)
Chinese, graduated in Business Management, received a BBA degree from Armstrong University, senior financial expert, served as Vice President and CFO of Tanyu International Group Co., Ltd. Has 13 years of financial work experience, has a wealth of experience in developing and implementing enterprise strategy and business plans, as well as achieving business management objectives and development goals.
 
Liu Dongxin (刘东欣)
Chinese, received an MBA from China Europe International Business School, Visiting Scholar of Kellogg School of Management at Northwestern University, strategic management consulting expert, investment and financing expert. His current research interest lies in the impact of the blockchain technology on the financial sector.
 

Angel Investors

Song Guoping (宋国平)
Qiu Jun (邱俊)
Yan Xiaoqian (严小铅)
Lin Jingwei (林敬伟)
He Honglian (何红连)

Advisory Team

Ko Sang Tae (高尚台)
Liu Xiaowei (刘晓为)
Su Yan (苏岩)
Zhang Yan (张岩)
Ma Pingping (马萍萍)
Peng Xiande (彭先德)
Fu Ke (傅克)
Xiao Guangjian (肖光坚)
Li Xiong (李雄)
 
The Team (pt.I)
The Team - The Engineers (pt. II)
The Team - Angel Investors & Advisors (pt. III)
WaltonChain Office Tour
Meet the team #1: Xu Fangcheng
Meet the team #2: South Korean Team
Meet the team #3: Wei Songjie
Meet the team #4: Suk Ki Kim
Meet the team #5: Lin Herui
Meet the team #6: Bing Mok (CEO)
 

Partnerships, Affiliations & Corporate Interests

Government Affiliations
Fujian IoT Industry Association
Air purification and smart monitoring project with Jinhu Provincial Government
"Smart Oceans" blockchain R&D project with Fujian Provincial Government
Building "Blockchain Silicon Valley" with Taiwan Cloud and Fujian Provincial Government
KISA and Korean IoT research centre
Taiwan Cloud Association
Korea University engineering department
Korea Blockchain Enterprise Promotion Association (authorized by South Korean National Assembly)
 
Smart Logistics / Smart Warehouse
Xiangyu Group
Fuyao Glass Industry Group co., Ltd
Kehua
Lipson Plastic
NanKang City Furniture industry
Direct delivery
Fujian Soonbox Logistics Park
Huodull Technology
 
Smart Retail
Guangdong Original Clothing Trading Center
Shenzhen M&A Association of Listed Companies
Septwolves
Fuguiniao
SMEN
TANYU
JoeOne
Lalabobo
Ishijah
Kaltendin
 
Technical Alliance
Alibaba Cloud
China Mobile IoT Alliance
Xiamen Branch of China Telecom Corporation Limited
Zhangzhou Branch of** China Telecom** Corporation Limited
NC Technologies
Shenzhen Card Cube Smart Technology co., Ltd
NIDS Sensor Technology
Sungkyun Technologies
NH Tech
Jiangsu Zhongke Internet of Things Technology Venture Capital Co., Ltd.
Fujian C-TOP Electronics co., Ltd.
 
Finance
Sinolink Securites
Gingko Capital (Investment Arm of Waltonchain) -> Investments
Gingko Investment List on Reddit
 
Blockchain Partner
Mobius
Freyrchain
Loci
Coinlink
SwftCoin
Morganchain
Aston
 
Media Partner
JU&KE Creative Design
Yunnan Yunshanghuaxia Trading co., Ltd.
ArtCrypto
Fanfangxiang Culture & Media co., Ltd.
 
Waltonchain Government Affiliations Infographic
Waltonchain Business Affiliations Infographic
Summary of Some of Waltonchain's Government and Business Partnerships
 
Child Chains
Freyrchain - Freyrchain - The world’s first blockchain-based collectibles data authenticity platform
Fashionchain Fashionchain - Fashionchain restructures the strongly-centralized pyramid structure inherent in the fashion industry ecology into a decentralized structure in which all parties connect point to point directly.
 
Click here for the News, PR & Awards Thread.
Click here for a Timeline of Official - Waltonchain-Medium - Posts.
 
Videos
Waltonchain Annual Meeting Presentation Video
Waltonchain Introduction Video
Waltonchain Visit and Product Demo! (Part 1 of 2) - Boxmining
Waltonchain Interview and Demo (Part 2 of 2) - Boxmining
Waltonchain Coinnest Meetup with Mo Bing
Dr. Mo Bing's First Live Interview with Coinnest CEO
Waltonchain CEO Mo Bing announcing the official launch of Waltonchain Mainnet
List of AMAs
First Reddit AMA - October 1, 2017
Technical AMA - October 9, 2017
Hardware AMA Summary - October 17,2017
Extended Hardware AMA - October 24, 2017
Retail Demo AMA - November 27, 2017
Masternode AMA - December 7, 2017
Slack AMA Live Thread - January 3, 2018
Waltonchain Beta Release AMA Part 1 - January 5, 2018
Waltonchain Beta Release AMA Part 2 - January 15, 2018
Waltonchain February Q&A - February 18, 2018
Waltonchain March AMA Part 1 - March 19, 2018
Waltonchain March AMA Part 2 - March 27, 2018
Progress Reports
Waltonchain Work Progress in Q2 2018
Waltonchain Work Progress in Q1 2018
Waltonchain: New Logo · New IC strategy ·New Journey!
The Summary of Waltonchain in 2017
Waltonchain Project Progress Report (Nov. – Dec. 2017)
Professor Kim Suk Ki Arrived at Xiamen for Project Review and to Provide Guidance
A letter to the waltonchain family
A Letter from Waltonchain Foundation
Waltonchain Alpha Version Internal Testing
Noteworthy Posts
Waltonchain’s Bigger Picture: OBOR
Waltonchain: Ushering an Era of IoT Mass Market Adoption
What is Waltonchain and Why Should We Care?
Waltonchain and the Chinese Government: Cooperation, Collaboration and a Bright Future
Top 5 Cryptocurrencies Set For Success In 2018 - Invest in Blockchain
 
Exchanges
Binance, Coinnest, HitBTC, LATOKEN, OKEx, Kucoin, COSS, Coinlink, Allcoin, Coinrail, Cobinhood, Huobi
 

Frequently Asked Questions

 
 
Walton Knights
u/fent11
u/NetworkTraveler
u/yayowam
u/Crypto_RALLY
u/TheSideQuest
RikkiTikki (slack)
Crypto Buff (telegram)
submitted by istaan69 to waltonchain [link] [comments]

Crypto Month in Review - March 2018

Previous reviews: Jan, Feb Crypto moves way too fast for me to keep up, so I aggregate each day's biggest headline and publish the list at the end of the month. Below is my list for March. My main news source was reddit. My main holdings are ETH and NANO, but I try to make these lists as unbiased as possible. As requested by you guys, I have included source links to each of these headlines. I also took a screenshot of the market cap movement throughout the month that you can see here. To speak to March in particular - even though we are in a bear market right now, and the first half of the month had pretty negative headlines, hopefully the many promising headlines in the 2nd half of the list will help assure you that distributed ledger technology is only becoming more adopted and embedded in society with each passing day. 3/1 - Oyster Pearl completes a coin burn of 10% of its total supply. This comes one day after they released their testnet. 3/2 - TechCrunch founder Michael Arrington is subpoenaed by the Securites and Exchange Commision over his $100 million cryptocurrency fund. 3/3 - A class-action lawsuit is filed against Coinbase alleging insider trading prior to Bitcoin Cash trading going live on their exchange. 3/4 - An anonymous person publishes a pastebin document detailing a FUD campaign by CoinDesk backers Digital Currency Group against IOTA. 3/5 - Coinbase hires former LinkedIn exec Emilie Choi to serve as VP of corporate & business development, with an emphasis on “world-class acquisition and partnership opportunities”. 3/6 - WaltonChain subsidiary ZhongChuan IoT and Alibaba Cloud sign a strategic partnership to research Smart City solutions and blockchain application schemes. 3/7 - A rogue actor who had been phishing Binance accounts uses the victims’ funds to pump the price of Viacoin. Withdrawals on Binance were automatically frozen, and the hacker’s transactions were later rolled back. 3/8 - Sierra Leone, in conjunction with blockchain voting startup Agora, records the world’s first ever presidential election on a blockchain. (NOTE: This claim has now been rejected by the Sierra Leone government.) 3/9 - Security researchers at the University of Toronto catch the Egyptian government remotely hijacking citizens’ computers to covertly mine Monero. 3/10 - Reports reveal that Google has been quietly purging cryptocurrency ads, mainly those for ICOs, under pressure from the FBI. The FBI also convinced Facebook to do the same thing in February. 3/11 - Binance posts a $250,000 bounty for information that leads to the arrest of the perpetrators of the March 7th hack. 3/12 - John Oliver explains Bitcoin and blockchain to a global audience and pens his #CraefulGang movement while condemning projects such as EOS and Bitconnect on his CNN show Last Week Tonight. 3/13 - VeChain announces a partnership with Chinese supply chain risk management company LogSafer. 3/14 - In the wake of John Oliver’s cryptocurrency segment in which EOS spokesperson Brock Pierce’s questionable past was outlined, EOS decides to cut ties with him, scrubbing their site and YouTube channel of any reference to him. 3/15 - Bitcoin core devs release a beta version of the Lightning network to the mainnet. 3/16 - The 2018 Joint Economic Committee Report dedicates an entire section to the rise of cryptocurrencies and blockchain technology. 3/17 - Bitmain announces a new mining machine, the antminer 3x, that is primarily designed to mine Monero. The Monero community claims that they will render the miner useless with an upcoming fork. 3/18 - At the G20 summit, the Financial Security board opines that crypto-assets do not pose a risk to global financial stability, and that further regulations at this time would not be necessary. 3/19 - Businessman and Shark Tank investor Kevin O’Leary announces his plan to work with the SEC to issue a cryptocurrency that will act as stock for a $400 million dollar hotel company. He also states that asset-based coins will eventually replace small-cap stocks. 3/20 - Nano releases their developer road map, revealing that they have a point of sale payment system in alpha stages of testing. 3/21 - A DDoS attack against the Bitcoin Lightning Network brings 20% of its nodes down. 3/22 - Yahoo Japan announces that it is acquiring Japanese exchange BitARG and will launch its own exchange in 2019. 3/23 - After uncertain talks with Hong Kong regulators, Binance announces that it is moving to Malta. It also reveals plans to allow users to buy crypto with fiat directly. 3/24 - Santander announces plans to launch an international money transfer app that will run on Ripple. 3/25 - The Coinbase logo is spotted in the new intro to HBO show Silicon Valley. 3/26 - Coinbase announces incoming support for ERC20 tokens without specifying which tokens it will list. 3/27 - Stephen Colbert announces on his show that Ripple has donated $26 million in XRP to DonorsChoose.org . 3/28 - Decentralized payment network OmiseGo and Ethereum cofounder Vitalik Buterin donate $1 million via GiveDirectly to support Ugandan refugees. 3/29 - Cryptocurrency exchange and Tether backer Bitfinex announces imminent fiat markets for BTC, ETH, NEO, IOTA, and EOS. They will fully support British Pounds and Japanese Yen, and offer partial support for the Euro. 3/30 - P2P payment platform Request Network goes live on the Ethereum mainnet. 3/31 - WaltonChain announces the launch of its mainnet, featuring a wallet with “1-click” mining.
submitted by m1kec1av to CryptoCurrency [link] [comments]

Crypto News Recap for the week ending August 3rd

Developments in Financial Services

Regulatory

General News

submitted by QuantalyticsResearch to CryptoCurrency [link] [comments]

WeTrust AMA - October 6 (Originally in Slack, formatted to Reddit)

Hello everyone! It took me a bit longer than last week due to family obligations but here’s the transcript for the third WeTrust Slack AMA! Like last week the majority of the questions were collected through Sli.do and not everyone left their username.
 
Anonymous When do you plan to start marketing and more social media outreach?
Patrick.WeTrust As we near the rollout of the TLC, we plan on increasing marketing and social media outreach. This is necessary since it is important that we get the word out of what we are building.
Anonymous Are you still on track with the roadmap? When can we see/play with the alpha app?
Patrick.WeTrust The dApp is currently being worked on by our engineering team and is scheduled to be released in a few weeks. The features have been locked down and the team is working hard on building out the many features.
Aakeelr Whitepaper is a must and it shouldn't be delayed. Whatever revised version needs to be done should happen and be visible on the site asap if possible.
Patrick.WeTrust We have an older version of our whitepaper (pre-crowdsale) here: https://bravenewcoin.com/assets/Whitepapers/WeTrustWhitePaper.pdf Our top priority is building out and delivering on the Alpha Release of the TLC and resources are focused on that. Once this is complete and more resources are available, we will update the whitepaper.
Anonymous As a large holder of TRST - how can I be assured recent pushes from the SEC and Trex (theyre cleaning house) will not impact TRST? Do you have legal counsel?
George.WeTrust We're not aware of any changes on Bittrex side, and we've just reached out to them to see if there's any information they need from us. We are very conservative in our approach towards regulatory/ compliance issues, and we will continue as such by working with our legal counsel.
Aakeelr Need more exchanges listing TRST to safeguard the token value from today's incident of Bittrex....
Patrick.WeTrust We stand firmly that delivering a quality product that will impact the lives of many as our prime mission and goal. If we are successful, I believe the exchange issue will be small as many will want to list our Token.
Anonymous Any update on getting the whitepaper back on the website?
Patrick.WeTrust We are working on a new landing page of our Trusted Lending Circle page which will feature a new experience of what our app will be like. This is just a temporary page: https://tlc.wetrust.io/, but the new site will be at this domain soon! (hopefully, next week!)
Jeald Are you going to complete your TLC Alpha build mid-October as per your roadmap?
Patrick.WeTrust Yes, this is the current target. Running 1 week or so behind, but we are trying to push to squeeze for lost time. There will be an update in the next community blog post.
Anonymous The Trusted Lending Circles product due for release in December. Where will it be released? Is it an app for the pc? Will it be accessible on mobile devices?
Patrick.WeTrust Correct. The TLC is slated to be released in December. This first iteration will be a Chrome Web App. In the future, mobile definitely will be on the horizon as a large portion of the world uses mobile and do not have computer.
Dgut Do you guys have any plans to revamp the current wetrust.io design and logo? Some projects like Waves have recently "upgraded" to "professional" design and copy-writing, I think that's the way to go because good design is crucial for user adoption today.
Patrick.WeTrust We have updated the website and will look into the current design of the logo. Thanks for the feedback.
Dgut Updating doesn't equal improvement though. :slightly_smiling_face: The current design has too many flaws. See stripe.com and fleep.io for kick-ass designs. Is this something you guys are taking seriously? Other well designed sites: standuply.com and elev.io ... see the difference?
Patrick.WeTrust Fair enough - I will loop in our designers @hailey.wetrust and @yutai to take a look at what these sites have and takeaways we can make.
Yutai.WeTrust We are very focused on the user experience and adoption. The design team is currently working on make sure we have a smooth UX in the TLC dApp. But we love community feedback and if there is anything else, please don't hesitate to let us know.
Patrick.WeTrust Thanks for chiming in @Yutai!
Anonymous When are you going to do anything besides amas?
George.WeTrust We have a diverse list of channels of communication available -- slack, telegram, bi-weekly updates, bi-weekly AMAs -- let us know if you all think there are any that we should drop and any we should be adding and we're all ears.
Jcga :) Despite hardwork are you guyz ready for the new NBA season via Golden State Warriors, I little feel you dont really care about NBA ;) Go WeTrust !
Patrick.WeTrust Golden State Warriors is our local team :)
Jeald Do you have a roadmap for 2018 available for general viewing? Patrick.WeTrust See answer below.
Boghiumd How i can get to your telegram channel? As i don’t see any links on your website
Patrick.WeTrust Telegram isn't as active yet. I recommend Slack/ Reddit/ Bitcointalk.
BalengiVision Can you send steph curry and kevin durant WeTrust gear when you release TLC?
patrick.WeTrust We can try. They would need to fill out the WeTrust Tshirt Request Form though :)
BalengiVision Lol cool. Do you mind if we tweet at them?
Patrick.WeTrust We can do that sure!
Anonymous Will you be providing a roadmap that covers some part of 2018? It helps investors understand the company's vision.
Patrick.WeTrust Yes, we are working on this and have had some internal discussions already. Our VP of Product, @tomd is working on this now and we will have a few iterations for internal discussions and debate before it is released to the general public.
BalengiVision Release timeframe?
Patrick.WeTrust I will follow up on Tom, and he shared with me a preliminary draft yesterday. We want to have something that is actionable and something we can hold ourselves accountable for. Thus, it will require some work internally before we can release something to the public. Rest assured, it is being worked on and each date is carefully thought about.
BalengiVision Totally understandable!
Patrick.WeTrust Thanks. Cheers, @BalengiVision - thanks for all your support and activity in our Slack.
Aakeelr 2) While planning the TLC has the team reached a point and zeroed on it where the TRST token should claim its value. How will TRST derive its value.
George.WeTrust We are building out a sequence of Financial dApps and will use a "Freemium" model. Essentially, there will be basic features that will be free for our users (e.g., TLCs charge no fees up to 10 users in the circle), but more premium services -- will require some TRST tokens to use (these are currently being planned, and will be included in the roadmap). The main goal is to drive user adoption first, and then monetization after there is a critical mass.
Secunoid What happens when somebody collects their payout and stops contributing after that?
Patrick.WeTrust To thwart bad actors, WeTrust will have four deterrents: 1. Reputation risk/ Reviews: ROSCA groups will be limited to "trusted associates" - family, friends, co-workers, fraternal groups, and professional/ religious organizations. Defaulting on payments could mean social shame and loss of reputation amongst an individual's closest associates. The idea is that for ROSCAs with small enough dollar amount commitments, reputation risk will be sufficient enough to keep participants honest. Reviews may also be left by other members to show how they felt about any participant. 2. Legal risk: ROSCA formation will allow trusted associates to e-sign and bind each other to a legal contract which requires faithful adherence and payment to the ROSCA. Defaulting on payments and stealing could mean legal repercussions. Legal recourse will only be used if individuals are participating in a "high-stakes" ROSCA and legal action would be worthwhile. I've spoken to our legal advisor and she believes it will be possible to create auto-populating templates that will be tailored to each person's ROSCA terms. 3. Collateral risk: Collateral commitments may be required prior to joining a ROSCA. The collateral will be entered into a smart contract which will surrender the property to the ROSCA group if the ROSCA agreement is breached. Collateral can be liquid-cash like assets like Bitcoin or even less liquid assets such as auto/ home titles. Our system will benefit significantly from the ability to accept less liquid assets, since the majority of middle classes’ net worth is locked in real estate. Collateral would allow capital to be used more efficiently. 4. Smart contract bounty (self-enforcement): If a ROSCA participant violates the terms of the ROSCA, the ROSCA group may start a “Bounty” on the retrieval of funds. If the funds are retrieved, the “Bounty” is paid out to the person who enforces the terms of the ROSCA. These deterrent options will be on an "opt-in" basis and participants will be able to choose the level of security they want.
Aakeelr 4) We saw the last update where product functionality has frozen and bugs are being fixed. When do we expect the alpha release precisely?
George.WeTrust We will have an update next week on the status -- we're working hard to hit the initial targets.
Boghiumd Is there a chance to have a discussion with Vitalik that he would somehow confirm directly may be via tweeter post that he actually is suporting this project?
George.WeTrust We met with VB during the early phases of the project, and soon after also brought on Bo Shen (VB's partner at FenBuShi Capital) as an early supporter and advisor. We have a number of advisors and they all provide some help in their own specific capacities. For example, Benedict Chan the Director of Engineering at BitGo is nearby and he often drops by, Emin Gun also checks up on us regularly. We engage with all of advisors as needed and ask them for help if it can materially help the progress of our development or user adoption. As such, we will consider reaching out to him when our product is ready for testing.
BalengiVision That'd be great. Then everyone won't think we have been making stuff up :) Not you guys, but we the people. I tell peeps Vitalik advises early in the project, and people say we are making things up.
Secunoid And how do you manage the risk of delinquent payments?
damo Hey @Secundoid this was answered in the last AMA. Lemme see if I can track it down real quick.
Patrick.WeTrust Here it is: To thwart bad actors, WeTrust will have four deterrents:
  1. Reputation risk/ Reviews: ROSCA groups will be limited to "trusted associates" - family, friends, co-workers, fraternal groups, and professional/ religious organizations. Defaulting on payments could mean social shame and loss of reputation amongst an individual's closest associates. The idea is that for ROSCAs with small enough dollar amount commitments, reputation risk will be sufficient enough to keep participants honest. Reviews may also be left by other members to show how they felt about any participant.
  2. Legal risk: ROSCA formation will allow trusted associates to e-sign and bind each other to a legal contract which requires faithful adherence and payment to the ROSCA. Defaulting on payments and stealing could mean legal repercussions. Legal recourse will only be used if individuals are participating in a "high-stakes" ROSCA and legal action would be worthwhile. I've spoken to our legal advisor and she believes it will be possible to create auto-populating templates that will be tailored to each person's ROSCA terms.
  3. Collateral risk: Collateral commitments may be required prior to joining a ROSCA. The collateral will be entered into a smart contract which will surrender the property to the ROSCA group if the ROSCA agreement is breached. Collateral can be liquid-cash like assets like Bitcoin or even less liquid assets such as auto/ home titles. Our system will benefit significantly from the ability to accept less liquid assets, since the majority of middle classes’ net worth is locked in real estate. Collateral would allow capital to be used more efficiently.
  4. Smart contract bounty (self-enforcement): If a ROSCA participant violates the terms of the ROSCA, the ROSCA group may start a “Bounty” on the retrieval of funds. If the funds are retrieved, the “Bounty” is paid out to the person who enforces the terms of the ROSCA. These deterrent options will be on an "opt-in" basis and participants will be able to choose the level of security they want.
Secundoid k
damo nice thanks @patrick.wetrust One of our community members had a really interesting idea about using a voluntary community pool as an opt-in insurance option that would pay a small percentage of the ROSCA pool to the community pool. An interesting "staking" option for TRST holders! We're looking to provide insurance products anyway right? ;)
Patrick.WeTrust Yes, we are as an evolution of the TLC. @damo
beef Majority of PPL here are selfish enough to admit that they want to see the TRST token become more and more valuable. I've read that it will be used for Premium features, but are there other use cases for the token itself? Does it power dApps in the environment? Can I supply X amount of TRST and use that to fund ROSCA circles?
Patrick.WeTrust That is correct. Another way to think of Trustcoin is that it is the gas that will power various interactions on our network. The current use case we have in mind are premium features (e.g. sort of like a redemption ticket), but please keep in mind that... the mission of WeTrust is to build movement toward financial inclusion/ empowerment and the token will be a core piece of that.
beef The more we are able to cycle TRST through the ecosystem the better. Thanks Patrick
Patrick.WeTrust That is correct. We will be keeping this in mind as we roll out our dApps and other initiatives. Cheers, @beef!
Boghiumd Binance has started to do monthly voting, can you submit a request to them so on next voting wetrust coin will participate as well?
Patrick.WeTrust Is this something the community can request?
Boghiumd @patrick.wetrust actually someone from the team have to submit a request, this is what i read on their website
Patrick.WeTrust Can you email me the link? [email protected]. I'll look into it.
Boghiumd @patrick.wetrust https://binance.zendesk.com/hc/zh-cn/requests/new I presume this one is
Dgut Trustcoin's success is glued to Wetrust. But Wetrust's success is glued to the success of humankind. Any application that simplifies and makes practical the use cryptocurrencies are not only necessary but crucial for the survival of the tech and ideology. Therefore @george.wetrust and @patrick.wetrust should care more about design. (y)
Patrick.WeTrust Thanks for all your feedback and involvement @dgut
Thomas Trustcoin's success is glued to Wetrust. how? i dont get it.. for me it looks like TenX.. they have a token but dont realy need one for the Company... same on Iconomi ... good Projects but they dont need realy a token... i dont get it on TRST ... for me it looks like you dont need realy a token to build this system.. Can you help me to understand this? I am wrong ?
Patrick.WeTrust Another way to think of Trustcoin is that it is the gas that will power various interactions on our network. The current use case we have in mind are premium features (e.g. sort of like a redemption ticket), but please keep in mind that... the mission of WeTrust is to build movement toward financial inclusion/ empowerment and the token will be a core piece of that.
Thomas hmm ok thx
BalengiVision Can you elaborate on the premium features?
Patrick.WeTrust Premium features: lending circles above a certain size (>10 individuals), reporting data to a Credit Agency, accessing a WeTrust ATM to redeem lending circle proceeds, etc... More features will come in due time as we continually iterate and learn from each version of our product.
BalengiVision So credit agencies will accept ROSCA data? Sounds intriguing though I've never heard of that before!
Amazongirl Have you spoken to Ripio (formerly BitPagos) yet about how they handle crypto-fiat exchange risk over a loan's lifetime? https://ripiocredit.network/#benchmarks * *George.WeTrust** We haven't, and will read into how they are able to do this. We are working on some ideas of our own which may bring about stability for users.
Aakeelr @george.wetrust @patrick.wetrust we have some good suggestions from @amazongirl. Would love you guys to actually take a view om that.
Patrick.WeTrust I will take a deeper dive into her suggestions and if I have any questions, will follow up with her.
Aakeelr Thanks for this. You will love her idea
Dgut @patrick.wetrust Are you familiar with https://klart.co/pixels ?
Patrick.WeTrust I am not, but these sites look beautiful.
Dgut Yeah, I hope you guys aim for something like that. It's not rocket surgery either :)
Secunoid Which country/area are you targeting when you go live first?
Patrick.WeTrust Local, immigrant communities within the Bay Area. (SF, CA)
Dgut Hopefully global. The nature of this whole environment and tech is global.
CowMooFlage It definitely is global but they want to be testing close to home.
Dgut It think westerns might be inclined to use the app if it's sufficiently well designed and works well.
damo @dgut see above. Aiming for local immigrant communities
CowMooFlage The biggest issue I see is Westerners not understanding it's purpose because it's not embedded in our culture.
damo Right For that i think there are other permutations of the platform that could take off quicker and be stickier to the global north.
Dgut that's the cool part, it's a completely new thing for them.
Patrick.WeTrust There are pockets of immigrants from Mexico, India, etc. that have used this in the past back home. In fact, my grandmother and father was part of a lending circle back home in Vietnam. We will go after this crowd and do a pilot test in these communities.
BalengiVision I think if the idea is explained well, westerners will love it. I never heard of it until I joined this group.
Dgut Exactly. The reason westerners don't use it is because they never heard of such a concept. When I heard of it I thought... why the f aren't we doing the same? I see it being used among students
Anonymous AmazonGirl from the Slack community as an advisor? She has freely been an amazing one. We need to keep this happening with fair compensation.
George.WeTrust We will reach out to her to gauge her interest -- I think generally we can continue improving our engagement with our community, and leveraging our supporters so we can move faster. We already have a good number of referrals for potential partners, potential pilot groups, folks who would like to work for us, etc... and please do keep them coming!
CowMooFlage George, Patrick, can Damo be listed on the site as a "community manager" or similar position? He's in this channel day in day out answering questions and we love him to bits. By far one of the best people you could ever have doing such a job; humble, cheerful and honest.
Patrick.WeTrust We can have this happen - wonder why this hasn't happened sooner!
CowMooFlage Awesome :) thanks Patrick :D
*Patrick.WeTrust * I will ping @damo for his blurb, picture and get that to @hoang.wetrust as soon as possible. Thanks!
CowMooFlage @damo pink wig? :thinking_face:
damo Lol i have waaay better pictures ready to go lol
damo Thanks for such kind words @cowmooflage! I’m seriously blushing over here.
Patrick.WeTrust Thanks! both of you :D Bradicle Yeaaaa agree. Damo has been the face for We Trust in this chat since day one for me. Answering all the hard hitting questions day in and out <3 :B
Anonymous When are you ditching slack? The phishing is out of control!
George.WeTrust We have been testing with Rocket Chat internally, and are currently working towards migration. We will have more information on the timing, next week, but we want this to be as soon as possible, in the balance of our product development focus.
CowMooFlage Can't wait to check out the new home.
Jcga That a pity, Slack is nice compared to the others. I do believe the myetherw... phishing mail notification have decreased, they "collect" nothing. Slack is beautifull with cool features that others dont. Anyway security is super important and with time we will get used to the new place :slightly_smiling_face:
CowMooFlage @jcga Slack is a decent platform but it lacks certain control features and flexibility that others have (e.g. the moderation tools were not made to support thousands of users).
Jcga Yes sure I understand the priorities.
BalengiVision I definitely see US college students being a great test group!
Patrick.WeTrust Yes! There are lots of community college, Stanford, Berkeley... all within 20-30 miles of our office.
BalengiVision Exactly. Remember, facebook started off with colleges...now look at it. Once they all graduated, they took the idea with them and BOOM!
CowMooFlage Plus, didn't you go there yourself @patrick.wetrust? You could have a professor introduce it to students even? They might be open to it as you're an ex-grad?
Patrick.WeTrust Yes, I went to UC Berkeley and @george.wetrust was at Stanford. @U2M8H6DUJ also went to Berkeley and @shinelay to Davis. Definitely will be rekindling some old connections with my old professors :)
CowMooFlage @patrick.wetrust It's always nice to come back with something to show off! :>
Dgut @BalengiVision absolutely ... there is no reason for this to be immigrant-communities only. WeTrust can become a lot stronger if adopted by those groups (students) ...
Kimutai @BalengiVision . Good idea In fact @patrick.wetrust . Students will show us all the flaws and a good number of unheard of issues. All their diversity of ideas is an untapped Gold mine.
CowMooFlage Students can be very bold and open about expressing their opinions. Might be a fun brain storm session.
Patrick.WeTrust As long as there is a good mix of supply and demand for credit - there is a potential opportunity there. An idea we have been bouncing around... if we could somehow match students (seeking credit) with alumni (that have the wherewithal to contribute to a loan), we could have a large user group here!
BalengiVision Interesting concept
Patrick.WeTrust yes, it is :slightly_smiling_face:
damo I like this. Another connect for Westerners is in auction ROSCAs where they intentionally take the money last as a way to earn a modest return providing capital to the developing world. I'll definitely be doing this.
Thanks to everyone for participating in this week's AMA.
submitted by CowPlaysDirty to WeTrustPlatform [link] [comments]

General info and list of exchanges for unboxed.network

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[uncensored-r/CryptoCurrency] My Analysis/predictions of a bunch of Cryptos

The following post by AnotherAceTeeHummR34 is being replicated because some comments within the post(but not the post itself) have been openly removed.
The original post can be found(in censored form) at this link:
np.reddit.com/ CryptoCurrency/comments/7bziin
The original post's content was as follows:
I have been in crypto technically for 2+ years but, since last spring gotten very into it. Here is my opinion on a bunch of coins. I know I don't know everything about crypto, but I also know nobody (except maybe Satoshi) can say for sure how this will play out. Here's my analysis(half-assed bullshit guesses). Yea I'm very bullish.
BTC The king. I think it has the best likelihood of mass adoption. Wales want to see liquidity before they jump in. But more importantly they want to see big marketcap. They don't want to be a huge % of a market and not be able to pull out if it drops. I think there will be a tipping point in the near future where all of a sudden major financial companies start to pour in investments and millionares/billionares dump tons of money in. Wales are what takes us to 50-100k per coin. Also at a critical mass of marketcap the stigma of "betting on bitcoin" will turn to "putting it in bitcoin". Still too early to call a winner, but once they dive in it might be too late for other coins to top it. The tech that is massively adopted is not always the best. Yea there are fees, but it is still better than a wire transfer.
Jan 1 2018: 12050 April 1 2018: 16800
ETH Very strong. Accurately valued imo. I think it might go down a bit in the next year or so to 280 and stay, but I also think it will only take a few very successful Dapps for it to explode. Good leader too. I think the move to POS is great and I think the people behind it are very dedicated and pumped.
Jan 1 2018: 310 April 1 2018: 750
LTC- solid coin. Stability and a good leader. It could become the silver to the gold. I see it continuing to be very high volume.
Jan 1 2018: 72 April 1 2018: 105
BCC- No idea.
XRP- maybe great for a short term gain but I see major problems for it long term. I know a lot of people here don't like it because they think it's centralized but that's not why I don't like it. To me the problem is that for the "product" they offer to banks they can easily face competition and lose. There are already other coins that do similar things.
Jan 1 2018: .23 April 1 2018: .40
NEM Cool idea. I really like their coin and PoI. I think this coin has a chance of being massively adopted. The only problem is that they don't market much and don't get hype going. If they saw another big 20% burst I think they would snowball and more people would look up what they were about. They have small volume which isn't good, but I think it is because those who are in it see it as the best tech.
Jan 1 2018: .25 April 1 2018: .85
NEO Another coin that could be massively adopted. I don't see it going down too much anytime soon. After all the China FUD it only took a small hit and is still in the top 10. If China endorses it or has some kind of statement that can be interpreted as pro NEO I think it will explode. I like their model and how gas works with the POS. You can't go wrong with this one.
Jan 1 2018: 42 April 1 2018: 115
DASH- PIVX is better in EVERY way.
IOTA- I think many can agree that this is the biggest question mark. I think it is the riskiest coin, but also potentially could see the most incredible gains. If the ball starts rolling with this and if they every get to the point where they can remove the coordinator I think it's lights out. GG. The question imo is can they get to that point while still being relevant and while people still believe in them. They have to get many people using the coin before they can get to that point.
Jan 1 2018: .62 April 1 2018: 1.8
XMR (monero) Awesome coin. Honestly I think this the safest bet. It has one of the most passionate communities and a good visible leader who understands his role is replaceable. The fungibility factor is SOOOOOO under valued and I wish more coins took this part more seriously. I like that there is no rich list. This coin seems to 2x all the time. The community has the "ask not what Monero can do for you but what you can do for Monero vibe"
Jan 1 2018: 195 April 1 2018: 405
QTUM, OMG, CARDANO all seem solid, but I haven't looked into them enough.
Bitconneeeeeeeeeeeect Not feelin it.
Jan 1 2018: 380 April 1 2018: .380
LISK- I think Lisk is awesome and will pop up to 12 by spring. JS is one of the most popular languages and its users are growing. At the end of the day it's the developer that makes widespread adoption. The easier it is for them to make apps for the block chain, the faster people can adopt it. DPOS imo is pretty cool. The people behind it seem really motivated and imo they have a cool logo and easy to remember name.
Jan 1 2018: 8.14 April 1 2018: 14.01
ARK I'm not gonna pretend to understand how smart bridges work, but I think they will go up. Their team seems professional and passionate and I like DPOS.
Jan 1 2018: 3.01 April 1 2018: 7.22
ZCASH Better off with XMR or PIVX. The tweet their boss gave was pretty telling. I have a bad vibe about them.
Stellar lumens IDK. Seems a lot like ripple
Jan 1 2018: .09 April 1 2018: .112
Stratis Better off with LISK or NEM imo
Jan 1 2018: 6.11 April 1 2018: 7.18
EOS I don't really understand this coin yet
MonaCoin Japan's coin. I think NEM is better because I like their POI and the fact they have been around longer. I don't think a coin can win off just strong patriotism/nationalism unless it is directly/officially endorsed by their gov't or issued (doubt that will happen)
Jan 1 2018: 4.42 April 1 2018: 6.44
PIVX Great coin. Their dev team sets targets and hits them. ZEROCOIN + super fast transactions are hard to beat. One of the most ideal coins with a community that's very passionate.
Jan 1 2018: 4.12 April 1 2018: 10.87
Decred One of the best long term coins. They have a good team and one of the smartest roadmaps. If crypto ever gets to maximal adoption you are basically talking about universal self governance and decred has a lot of foresight with their voting system. The down sides are that it's kinda complex and a lot to read though. New comers to crypto already have enough on their plate.
Jan 1 2018: 39.55 April 1 2018: 58.86
Steem Cool idea. I don't think its going away. At the same time I wouldn't buy this unless you like using the platform
Jan 1 2018: 1.02 April 1 2018: 3.31
Augur /Gnosis cool ideas. I see more competition coming for them. The draft kings and predictit markets are already huge. it's just a matter of showing the base how to use the platform
Jan 1 2018: 21.05 April 1 2018: 38.07 Jan 1 2018: 75.33 April 1 2018: 80.60
Binance I think this will pop up. Binance already has some of the lowest fees and BNB is functional already.
Jan 1 2018: 4.22 April 1 2018: 8.64
Vertcoin/Grostle I think people think because it's asic resistant it's more decentralized, but I think that's only is true in early stages. If it catches on people will figure how to rig many GPUs together and mine that way. I think they will be pumped and dumped again. I think they are the new DGB VTC: Jan 1 2018: 8.94 April 1 2018: 10.20
Populous/tenx Haven't looked into it enough but have heard good things
Salt I think Salt is a great. I think they might face more competition later, but if they can be stable and reliable, people will use their services and the price will keep going up.
Jan 1 2018: 5.44 April 1 2018: 10.91
Golem Big gamble. One coin that has tremendous upside(10x) but could also fade into obscurity. It faces a lot of competition but it seems like given it's niche function it has a strong following. The Devs for this I think are good. This is a very ambitious project. Who knows maybe 1 day a super AI will run on it.
Jan 1 2018: .34 April 1 2018: .81
Factom/Civic Great ideas. I really hope one of them becomes widely accepted/adopted. FCT
Jan 1 2018: 22.47 April 1 2018: 10.87
BAT Another great idea. I hope it does well. I like trying out new browsers
Sia/Storage I think these could moon but you will have to wait a while. I like Sia a bit better.
Sia > 1 dollar 2019
ZEN/VERG/ZCOIN Great on privacy. I'm not as big on POW and I think MONERO might have too much of a head start but these coins are unique. It's still early for any of them to become top dog
Byteballs cool Idea. I like IOTA better. Raiblocks might be better than both. but they are small and not on many exchanges. And as you can tell from the quality of this post I am too lazy to sign up for some new exchange right now.
Why so Bullish? You already know Where should ppl put money? Banks... almost no interest. If they raise interest rates they could crash the market. Either way $ will be printed in mass. Bonds..... terrible rates give me a break Stocks..... Market will probably go up but could crash any time. Not as liquid as crypto (I can't buy a computer with stock on robinhood). The whole point of stocks used to be owning a part of a company and having a say. That part of the value of a stock is long gone and dilluted with these mega corps and everyone just hopes for capital gains. We all know where to go for gains. gold/silver... maybe. Crypto... Sky is the limit. It will soak up all the money that people hide, new money from the young kids in tech sectors, old money who ...
submitted by censorship_notifier to noncensored_bitcoin [link] [comments]

I miss Raiblocks, but the rebrand is a very healthy thing for XRB!

I do miss Raiblocks, but this is a very healthy thing for XRB! Nano has the potential to be very effectively advertised, and although I did like Rai, I can't wait to see how the rebranding ends up giving the coin publicity! I think Nano will have a great reception to the general public because it's simple, easy to pronounce, and with the new logo and website it has a very unique, but professional and modern feel.
Personally, I'm a high school student who didn't know much of anything about cryptocurrency until a couple years ago, and I didn't realize the extent or real world applications that they have. I first learned about cryptocurrencies through reddit when changetipbot was popular! A super kind person tipped me around 5 dollars in Bitcoin, which then made me look into subreddits like /freebits because I though it was an amazing thing to be able to have a digital currency, and to give small amounts to people for little competitions. I don't think I actually understood how it worked until this year, however. The reddit Bitcoin tipping systems slowly died out and I forgot about it, until a few months ago when there was some news about Bitcoin in the news and I proceeded to remember that I had a few wallets from years ago.
I had about 40 dollars in BTC, but I was a bit concerned that the cap was going so high, so I thought it would crash and moved it to Etherum. About a month ago, I started to read more and more into different cryptocurrencies, and Raiblocks caught my eye. It seemed completely different from the other coins, but I didn't understand why. I decided to use my 40ish dollars of Etherum to buy about 1.5 XRB because it seemed awesome after being a shadow in the community for a while, as well as occasionally asking questions in the discord. Although being under 18, I can't directly purchase cryptocurrency with a debit card and my family doesn't necessarily agree with the idea of a cryptocurrency, I feel like I understand it much more than before and think Nano is a really good crypto to invest in.
I still don't know everything about it, but Nano seems like a solution to some underlying problems that I haven't considered before, but realize the importance of now. I've told a lot of my friends about XRB and am really excited for the future of cryptocurrency because I feel like it will directly impact our lives within a decade. The listing of Nano on Binance will hopefully open it up to a larger amount of people! I want to say good luck to everyone involved, and hope we can see Nano as a mainstream online currency platform that is much more efficient and solves most of the problems that were seen with Bitcoin. Thanks for reading, I hope we can all together see the future of Nano!
submitted by Snoop-o to nanocurrency [link] [comments]

Bitcoin Halving Theory, History Repeating, Nasdaq + R3, Binance Fiat, Swiss Crypto Association Altcoins Outpace Bitcoin, Ethereum Eruption, Bitcoin ... Binance Tutorial  ID & Face Verification Bitcoin $6,100! Facebook Coin! Consensus! Binance Hack! What's Going On In Today's Markets? Rushing To Buy Bitcoin, Binance Vs Ethereum, Libra Kitties, Bitcoin DeFi & BTC Oil Company #614 Binance Hack 7000 Bitcoin BTC gestohlen, Crypto durch Gold gedeckt & Bitmains Mining Power Abs ЛУЧШИЙ ОКТЯБРЬ ДЛЯ BITCOIN! DEFI ВТОРОЕ ДЫХАНИЕ НА BSC ... KW 37: Bitcoin Kaufen mit 90% Rabatt?  Crypto Winter 2.0?  Ripple & XRP  Binance US  Libra BINANCE SUPPORT FOR KOINAL  BUY BITCOIN WITH CREDIT CARD & DEBIT CARD #bitcoin news #xrp news Binance Has Gone Off The Rails Is Rolling Back Bitcoin A Possibility?

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Bitcoin Halving Theory, History Repeating, Nasdaq + R3, Binance Fiat, Swiss Crypto Association

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