Last week PundiX announced , before the launch of the Function X mainnet, 15% of the f(x) tokens from the Token Generation Event (TGE) will be allocated and distributed to the NPXS and NPXSXEM holders who participate in the f(x) Token distribution via the staking process to receive additional f(x) tokens without converting your NPXS/NPXSXEM through staking process.
After the ICO was called off for f(X) tokens because of community concerns regarding the project. We have piled up a point based list, which community in our survey finds tricky.
Following are the points which community found tricky in our survey :-
◆ Too less f(X) token for each NPXS ( 1.5 f(X) for 100k NPXS a month, considering high total supply )
◆ To withdraw f(x) tokens, the holders will be required to perform a task, such as sharing on social media channels, in-store transactions with XPOS merchants, or transfer.
Crypto volatility emerged a new segment of stable coin market , which is being leaded by Tether aka USDT. In the statement by Tether they announced following :-
Tether was created in October 2014, with a clear purpose to disrupt the legacy financial system. It does this by providing a vehicle for customers to transact with traditional currencies across the blockchain, without the volatility or complexity typically associated with a digital currency.
To achieve the mass adoption necessary to fulfil this vision, Tether was inherently designed to be blockchain agnostic. Since its launch, it has enjoyed widespread success of Bitcoin-based USDTether issued via the Omni Layer Protocol, and later Ethereum-based Tether, compatible with the ERC20 standard.
Today, we are proud to take the next step in our journey with TRON, through the introduction of USDT on the TRON blockchain. The TRC20-based USDT enables interoperability with TRON-based protocols and Decentralised Applications (DApps) whilst allowing users to transact and exchange fiat pegged currencies across the TRON Network.
Jean-Louis der Velde, Chief Executive Officer of Tether adds: “We are pleased to announce this collaboration with the Tron Foundation. This integration underlines our commitment to furthering innovation within the cryptocurrency space as we continue to anticipate the needs and demands of the digital asset community.”
We are pleased to be embarking on this journey with TRON and providing our users with yet another access point into the field of decentralised finance
After a successful public sale of Fetch.Ai on Binance launchpad , which was sold out in seconds on February 26,2019. Fetch brings together machine learning (“ML”), artificial intelligence (“AI”), multi-agent systems and decentralized ledger technology to create an economic internet — an environment where digital representatives of the economy’s moving parts (such as data, hardware, services, people and infrastructure) can get useful work done through effective introductions and predictions.
Exchanges are rushing to list FET, exchanges like WazirX have already started trading FET in BTC/ETH/USDT pairs ; while Hitbtc coming up publicly to announce it’s motive to list FET. While according to our sources KuCoin,Bittrex International,Upbit are already in discussion regarding the listing of FET.
We have heard it time and time again, keep your assets on your private wallets and protect your private keys! I’m looking at you Quadriga and Cryptopia victims (slowly raises hand in embarrassment as I too made this mistake). So finally, you learn your lesson and do this. You take a deep breath of relief, and you are finally invincible, right? Unfortunately, not. Even after doing that, things aren’t completely safe and secure. In fact, what happens if you lose your private key? I mean come on, I have problems finding my house keys on a weekly basis. Or what about if you tragically get hit by lightening or have a heart attack as you see your portfolio go from “When Lambo?” to “When $10 Craigslist bike?” within a matter of seconds? So what do you do in the case of short-term memory loss or morbid happenings? Tattoo your private key onto your arm? Tell your closest contact, who just so happens to forget everything? Hopefully not, as these are horrible options and my attempt at trying to be a bit witty. So let’s look at the realistic solution, which is that of a Will or Lost Key Smart Contract. Now for full out techies this may seem like a simple task, but for the average person, they are likely lacking the needed skills. This is where the MyWish services come into play.
The MyWish Will Smart Contract has been around for quite some time, but the Lost Key Smart Contract is fresh off the presses, protecting users in case of death or loss of private keys. The smart contracts are designed in user-friendly templates, which can be set up within a short period of time. To see the benefits of these contracts in an easily digestible manner, take a look at the following:
Will Smart Contract
Protects funds in case of death
Easy to set-up with little to no technical knowledge required
Allows for funds to be managed as if they were in a regular wallet
Parameters can be set to meet your desires
Transaction only takes place if conditions are met
Lost Key Smart Contract
Protects funds in case of loss of private key
Once again, it is extremely user-friendly
Conditions, such as time, can be implemented according to your wishes
Tokens are not required to be stored directly on the contract
Multiple backup wallets can be included in case of inactivity throughout several of them
Not just Ethereum Anymore
While these details in themselves are quite impressive, it is important to point out one other key facts. First off, in the past, users were only capable of doing this on the Ethereum Blockchain. MyWish has taken this a step further though, and now both of these smart contracts will be available for both the Ethereum and TRON Blockchains. Ultimately, this allows for individuals to have even more freedom when it comes to the safety and protection of their architecture. Luckily, you don’t have to wait to create these smart contracts on the Tron Blockchain as it just released today! The planned release date for these on the Ethereum Blockchain is the 10th of March (at the latest).
As you can see, the creation and implementation of both of these contracts can lift the weight off your shoulders and dissolve high amounts of worry through a quick and easy process. No more fear of forgetting your private key, dying suddenly due to the market dumping, or your dog eating your private key. With the MyWish Will Smart Contract and newly created Lost Key Smart Contract, you can rest well (Ethereum and TRON fans alike).
Crypto exchange Sonata.ai is getting ready to hit the road
Sonata.ai, is the next-gen cryptocurrency exchange in the making, they are completing their plans for an extensive road show. The planned road show will be in Europe and Asia and it will start in the second half of January 2019, it will be covering multiple crypto and fintech oriented events like Crypto Investor Show in Manchester or Chain Plus+ in Seoul. The team at Sonata.ai is also currently scheduling private meetings with investors. The main topic of the presentation will be the security token offering of SONT token.
As the regulations gradually will clarify the potential legal issues of the new decentralised economy, we are witnessing new opportunities in the crypto world. We can see a growing interest of what were previously hesitant users. Others, who have feared the grey zone are now at least considering the option to jump on-board. Many have predicted an end for ICOs already during 2017. But by the end of 2018 the industry is smarter, more proficient and ICOs are still here. The year 2019 is looking to be very optimistic as many capable projects are rearing to go.
Although ICOs were (until quite recently) fully in the hands of utility tokens, the year 2019 seems that it will belong to security token offerings. The excessive abundance of utility tokens represents an idea contradictory to what we see in the real world. Most people want to use cryptocurrency as ordinary money, without the need to exchange between hundreds of coins. They want to take advantage of the security and versatility which crypto can provide.
Security tokens lead the way
Another type of token offered by initial coin offerings are security tokens. STOs (security token offerings) can be embraced by investors who understand that not every monetary interaction should have its proprietary token. There is just no natural demand for “sexcoin”, “potcoin” or “breadcoin”. These coins are used just for mere speculations, although they are promoted as a digital counterpart to money.
Security tokens are closer to stock. The stock market is real, it is an important part of the global economy and has existed in some form since almost the 15th century. An easy way to recognise a security token from any other type (e.g. utility or equity token) is to take the Howey test. The security tokens can establish an investment contract with contributors, who on the other side can anticipate future benefits in the form of dividends. Dividends can be represented as a revenue share or as a price appreciation.
Minefield worth venturing to
These days, it is challenging to navigate the legal minefield of security tokens. Even acquiring a proper licence to be able to sell security tokens on crypto exchange takes a long time in months. The prices for legal services and licences are tremendous. Although countries like Malta, Gibraltar and Switzerland are building legislative frameworks for new companies to operate, there is still a long way from achieving a smooth boarding process.
“We got the cold shoulder in Czech Republic. There is no official procedure or licence that would allow us to offer our tokens there. Our lawyers suggested to try it out in other crypto-friendly countries and that seems to be a valid way to do it. Now it’s just a matter of time.”, says the main investor and CEO of Sonata.ai, Eduard Sedlmajer. The company is pushing forward to acquire all necessary legalities to provide trading of STOs on its platform.
Sonata.ai to take advantage of STO
Sonata.ai is a crypto exchange created in co-operation with brokers and Forex analytics. The platform is built on a security-first approach and offers advanced AI features to improve overall user-experience. Sonata.ai’s own security token SONT will reward it’s owners with 80% from all collected fees. These rewards will be sent to registered supporters once they pass the KYC procedure.
In addition, Sonata.ai is currently working on its way to become full STO trading framework – an exchange market for security tokens. This, in combination with the aforementioned revenue model, makes it a perfect example of an STO with great prospects for the future.
Platform that delivers
Sonata.ai is being co-created together with active traders. The focus point of the designers is to create a straight-forward interface with a minimalist concept combined with a functional approach. The exchange also offers margin trading for its users, a feature much anticipated by token holders. Margin trading is a way to multiply a traders’ profit in the case that a trading operation is successful. The team of Sonata.ai is perfecting an AI-based system, that will automatically pair lenders and borrowers and close the trade before the lender gets himself to the red numbers
Main features of Sonata.ai:
Unprecedented security on cold storage.
Built to perform at every level.
Margin trading protected against a negative trade.
Social network elements, including chat rooms.
AI-based price prediction.
AI-based trading assistant.
Simple and transparent listing of coins and tokens.
The finished exchange promises to be a seamless trading experience with long-term profit for both brokers and holders. The platform will be officially launched in first half of 2019. For more information about Sonata.ai please check out and peruse our webpage www.sonata.ai.
For media inquiries, please contact Radim Bastan at firstname.lastname@example.org. If you would like to meet with a representative of Sonata.ai during the January tour, please send an email to Tomas Prochazka at email@example.com.
Rival of Youtube !! Yes you heard it right; a South Korean Crypto Company named SUCON came up with SU-WORLD; a online media contents streaming platform. SUCON literally means ‘ SUPER CONNECTION ‘ and ready to be the intermediate fulfilling the objectives of SUCON.
SU-WORLD definitely compensates the content creators with SU-COIN , but interestingly viewers will be paid for watching and commenting ; which would make the platform more engaging and all rewards would be based on SU-COIN and the market it attracts. As the advertisers can select their form and design to get their target audience and furthermore help themselves for legitimate marketing. For Miners there is a innovative method ‘ Storage Renting System ‘ which would compensate miners for storing the various media contents. These days major advertising-driven platform like Facebook and Google are phasing out ads for cryptocurrencies, shielding themselves from potential legal liability, if the ads are scams or the digital coins are eventually regulated as securities. Video creators with an interest in cryptocurrency say that’s also a factor driving them away from the big names.Platforms like SUCON are decentralized ,keep more power—and potentially, privacy—in the hands of creators and users.
◆ Just the creation of SU-WORLD by SUCON solved following problems :- 1. SECURITY – No chance of hacking with the help of DLT. 2. Eliminating need of Big Data Center – With ‘ Storage Renting ‘ for miners. 3. Copyrights protection – All Transactions on Ledger. 4. No Brokers – Decentralized and P2P interaction. 5. Commission Free Platform – Creators/Viewers well compensated . 6. Ultra High-Speed – Thanks to the DLT of transactions.
Creators can expect to retain significant control with blockchain sites because there are few barriers if they decide to leave, Like email, it’s relatively easy to switch to a similar site if one doesn’t likes. And because of the decentralized nature of SUCON, tech-savvy users can find ways to post controversial material, even if he tries to block or ban it. With blockchain, people will finally have the chance to be rewarded for their time, attention, and data. No longer will their valuable data be controlled by a few giant companies.