Inmining: evolution of the mining industry

Inmining: evolution of the mining industry

                                 

 

More and more investors are getting involved in the mining industry

and this requires a new look at the economics of mining enterprise. Due to the unique conditions of placement in special economic zone “Alabuga” inmining data center works in the mining market more efficient, affordable and safer. 

Although the mining industry is nine years old, this industry is in the stage of active development and formation. The era of “home mining” has long passed, when with the help of a couple video cards, users were able to extract significant amounts of cryptocurrency. The next stage of development was cloud mining platforms and mining hotels, which gained particular popularity induring 2018. But they also go into the past, showing investors their unreliability and insufficient range of services provided. The mining industry has moved to a new stage – full cycle tokenized mining enterprises, when the investor can fully delegate the purchase, installation and maintenance of equipment, without losing an ability to quickly enter and exit the market and control all processes. An example of such an approach to an organization of mining production is the Inmining project.

Imining is a cryptocurrency mining platform with its own largest data center. The main production site of Inmining is a data center under construction in the SEZ “Alabuga” with a capacity of 10 MW, which will be the largest in Russia. The data center will be equipped with modular containers with computing machines BlockBox AC from the leader of the mining industry Bitfury. Each mobile unit BlockBox AC consists of 176 servers, air-cooled, and the total Hasrat will be 14 peachesa per second. This is one of the most powerful and least expensive solutions available on the global bitcoin mining market. The use of containers allows quick installation and start-up minimizing construction and maintenance costs. 

The most successful special economic zone in Russia  was chosen to host the data center – SEZ “Alabuga”. It has its own railway terminal, which will allow delivery of mining equipment in a short time and is located in a protected fenced area. But the main advantage of SEZ “Alabuga” is the unique conditions for high-tech projects. The territory of SEZ “Alabuga” has 350 MW of supplied capacity 30% of which  are currently free. This will allow the Inmining project to scale production quickly and easily to compensate for the increase in complexity and maintain a sufficient level of profitability. The cost of electricity for Inmining will be 2.5 cents per kWh. For comparison: the price of kilowatt per hour in China, which is considered one of the centers of the world bitcoin mining, in March 2019 was about 8 cents, and the world average cost of electricity ranges around 15 cents per kWh. As a resident of the SEZ “Alabuga”, the company “Blockchain technology”, which manages the data center Inmining, will be exempt from land, property and transport taxes for 10 years, and thanks to the regime of free customs zone in the SEZ “Alabuga” will significantly reduce the cost of importing foreign equipment. 

Inmining operates on the tokenomics business model with elements of gamification. The previous generation of mining projects offered investings in physical assets: for example, remotely purchase equipment and place it in a mining hotel or rent computing power in data centers (the so-called “cloud mining”). In both cases, the investor enters into a fixed price contract for a particular service. Unlike cloud mining and mining hotels Inmining tokenizes its assets and sells utility-tokens INMG. INMG are backed by high-tech equipment from Bitfury and digital asset is here a cryptocurrency, produced in the data center. Given the computing power, electricity costs and the growing complexity of the bitcoin network, each module of the inmining data center will be able to produce about 46 bitcoins in a year after it starts, which is scheduled for early 2020.  

Inmining will monthly buy a small share of INMG on cryptocurrency exchanges, and burn them. This tactic will support the value of the token in the long term, will contribute to the growth of liquidity and trading volume and encourage IMMG holders to long-term storage of tokens, which will also help to maintain the stability of the coin rate.

In addition to the income from the exchange rate of tokens themselves, INMG owners have the right to regularly participate in the lottery, in which 35% of the profits from the extracted bitcoins are played. A distinctive feature of the lottery is its win-win for the participants. To participate in the lottery users freeze their INMG tokens in your wallet Inmining and wait for the end of the game round. The higher the bet, the higher the chance of getting a bigger win. Such a mechanism of gamification in Inmining business model allows interested investors to purchase greater amount of INMG tokens. The lottery is held in a distributed network using blockchain technology and eliminates the risks of fraud and fraud results. 

Tokenization of a mining enterprise is a way to diversify your assets, invest in a growing mining industry with minimal effort and the ability to quickly enter and exit this market. The whole process – from the purchase of equipment, installation, service maintenance-is delegated to the resident company “Blockchain Technology”. 

The primary selling tokens INMG will take place on the world crypto currency exchange Coineal in several rounds. The first public round will be held on September 19-20 2019, the second – October 8-9 2019. During IEO on Coineal there will be INMG tokens for sale. The starting price will be $0.1 and will grow as the tokens are sold. Until September 18, 2019, investors have the opportunity to participate in a private round and purchase INMG tokens at a discount of up to 20%. In total, the private and public rounds of licensee will be distributed 75% or 112,5 million tokens issued by INMG. Issue volume is fixed (150 000 000 INMG). After the initial exchange of offers tokens INMG will be included in the listing Coineal and in the future will also appear on other cryptocurrency exchanges, which will ensure the free circulation of INMG on the secondary market and will become participants of the project and after the completion of the IEO. 85% of funds raised during licensee, will be used for the purchase of equipment and capital costs. 

To enter the mining business seems simple only at first. In practice, those who wish to start making on computing emerging market have to deal with a wide list of components and mining machines, to study cooling characteristics,  choose the jurisdiction of most optimal in terms of electricity prices and regulation for mining, engage in customs, tax, transport issues. Inmining is an efficient and secure way into the mining industry, bringing a necessary liquidity and thane ability to quickly enter and exit assets.

Article Produced By
Dean

Owner, Editor, and lead writer for Cryptorials.Cryptocurrency writer and trader since 2014.

https://cryptorials.io/inmining-evolution-of-the-mining-industry/

 

Chris Corey

Who could be the biggest Libra user in the future?

Who could be the biggest Libra user in the future?

                                 

Facebook’s Libra project has gone through more than enough government

and community criticism, but it still seems to be on its way to be launched sometime in the future. Sure there have been some rumors that several Libra Association members want to leave the project, but no matter how many will try to leave the project, new players will join it regardless of the overall outlook.

In the wake of so much criticism and uncertainty, multiple crypto enthusiasts tend to ask the question, “Who would actually risk using the Libra cryptocurrency?”. It’s an understandable concern considering how Facebook has been involved in data disclosure multiple times. Having one’s personal information from social media disclosed to the highest bidder may not be a life-changing issue, but having one’s financial details be in the same danger is much more serious. But, the Libra executives keep on assuring that customer data will be protected at all costs.

Who could use the Libra cryptocurrency?

After numerous surveys in different countries about Facebook’s Libra, we found out that the majority of users will not trust it as an individual provider. However, it’s likely that Libra adoption will happen through intermediary efforts, rather than direct influence over Facebook users. For example, several companies could have online shops present on Facebook, which is already a feature and only be able to sell these products via the Libra coin. This is the most likely outcome, but there are others as well. Let’s take a look at all the available options for Libra usage online.

Promotions and instant deposits

One of the primary roles of Facebook for a company is to spread awareness of their new product or a new feature that they’re offering. In most cases, this leads to consumers having to be redirected to their website if they want to make a purchase right then and there. However, with Libra coin, it could be possible to make such a payment without having to leave Facebook at all. And considering the fact that Facebook’s main goal is to keep the users online for as long as possible, this could be a very accurate prediction.

Several marketing managers have commented on this new addition saying that it may not impact the brand recognition as much as a redirect to the website, but it could increase sales, which is always the primary focus for companies. Samantha Cambridge, the manager of digital marketing of the Playamo AU blog has commented: “We as a company don’t really focus on the time that users spend on our platforms. All we focus on is the numbers, such as the amounts in deposits, withdrawals, in the amount played with and the amount lost. Therefore, having something like user-friendly payments directly from Facebook would be much more of a benefit to our platform rather than a detriment.

We’ve heard our users say numerous times that they always have difficulties to make deposits when they have to input their personal information over and over. Having a universal “digital wallet” from a platform they use on a daily basis is going to not only make the process easier for the users themselves but for us as a company as well. I understand why blogs would be against such a notion, simply because they rely on people staying on their website for as long as possible so that they can use that time spent as revenue from ads they place. I think it’s all about the product one offers.” But this is just one part of the global industries that can be affected. There are other comments as well.

E-commerce stores

The option to buy from a Facebook store has already been added to the website, however, it’s not as well performing as a redirect to the company’s website. Why? Because it’s the same process regardless of where the user makes the payment. It’s about choosing a credit/debit card and indicating the required details. However, according to several e-commerce store owners, having an effortless payment process directly from one’s Facebook account would impact company sales by a large margin. One of the most reasonable quotes to be found about this is the following:

“When doing e-commerce through Facebook, it’s absolutely essential that you’re either the first one to show up in somebody’s feed or you’re at least offering something different. Having something to stand out from the competition will determine the success of any e-commerce store owner, especially in a heavily populated area. Having the Libra coin attached to your payments could indeed be that differentiating factor between you and your competitors. If they don’t have that small extra feature that helps the user to save some time, it’s highly likely that you will be chosen as the supplier, just because you’re offering a user-friendly gateway.”

With e-commerce, it all boils down to convenience and the speed at which the users can make the payments. But this still doesn’t redeem the issues that are currently present with the Libra Coin. Some experts are essentially calling it a digital currency rather than a cryptocurrency, which in the current financial world is a big deal.

Article Produced By
Zerocrypted

https://zerocrypted.com/who-could-be-the-biggest-libra-user-in-the-future/

Chris Corey

Crypto Wallets Can Be a Perfect Solution to Secure Your Property During the Financial Crisis

Crypto Wallets Can Be a Perfect Solution to Secure Your Property During the Financial Crisis

                                

When the financial crisis hits,

is filling the crypto wallets safer than hoarding the gold, papers, or cans? Hopefully, recognizing the cause of the crisis will point to the safe ground. Nowadays, the US and China trade war can trigger the crisis due to its enormous impact on worldwide production costs. Furthermore, Coca Cola raising the price of its cans due to the tariffs on aluminum is a sign that shoppers will be the collateral of this crisis.

Unlike before, many factors contribute, such as Brexit and the rise of the world population. Not to mention that the digital age and its disruptors are creating new ones. Whatever is the cause, the old means of preserving the value may not be viable. Similar to people rushing to buy and store canned goods, changed habits may force people to online shopping. If this is the case, does following these new “digital” habits can turn people to the online storage of their belongings? If many foresee the demise of some fiat currencies, will the crypto wallets replace the regular ones?

The Former Methods of Storing the Value

Our ancestors would hold gold to preserve the value. Similarly, our forefathers would store cans of food to survive a nuclear war. Even though many don’t trust them, modern men chose to save money in banks.

Bank deposits

However, the very same banks triggered the last financial crisis. In the case of the financial crisis, objective supervision to avoid the bankruptcy or the bank run is of utmost importance. For this reason, different countries have different legislation and government protection for deposits. In the case of the USA, every depositor can claim the insurance payout up to $250,000. However, if government bodies like FDIC aren’t securing the deposits, bank failure leads to loss of these funds.

Food Cans

At the same time, nobody can stop stacking food to survive the crisis. However, if a turmoil is on the horizon, the price of goods would rise. Tracing back to the times of Irish potato famine, the theory of Giffen good explains this. A Giffen good is a type of good people buy more as the price rises and vice versa. The recent surge in buying cryptocurrencies during the “bull market” is another example of the theory.

Buying Gold

On the other hand, the value of gold records “the bull run” with a few downtrends. It is because it is still captivating for both men and women. Gold in any form won’t rust, and it preserves its beauty throughout the ages. In addition to maintaining the beauty and the value is the fact that all gold reserves can fit in two swimming pools. Due to its scarcity, the first coin was a mixture of gold and silver. This mixture also exists in nature as “electrum.”

Crypto Wallets: Storing the Digital Value

Similar to storing gold, cold crypto wallets keep cryptocurrencies in offline, external storages. More secure and more manageable, crypto wallets are the perfect solution for the financial crisis. Furthermore, crypto notary services can record ones’ possessions in a tamperproof manner. The blockchain is introducing these solutions as well as the plethora of different crypto wallets. Besides cold storages like Ledger Nano, there are many other “hot crypto wallets” worth mentioning:

Electrum

Having the same name as an abovementioned mint of the silver and the gold, Electrum is one of the first crypto wallets, exclusive for the Bitcoin. Bitcoin is the first and the most valued cryptocurrency with its creator unknown. Since it is decentralized, many compare it with the gold.

MyEtherWallet

MEW, as it is the crypto wallet’s acronym, is the official Ethereum wallet. Comparing to Bitcoin, Ethereum was a massive improvement. Recently, Ethereum is struggling in implementing protocols to improve its transaction speed. However, MyEtherWallet has partnerships with Bity, Kyber Network, Changelly, and Simplex allow swapping for fiat currencies and Bitcoin.

Toast Wallet

An open-source for XRP (Ripple), one of the cryptocurrencies with the fastest speed of transactions. Unlike Ethereum, the Ripple protocol needs a small number of validators, thus making the platform faster. However, institutions can use Ripple protocol regardless of Ripple’s cryptocurrency – XRM.

Bitfoliex

One of the Stellar crypto wallets,  Bitfoliex supports XLM (Lumen) and its proprietary coin – XLM. Different than Ripple, Stellar network requires its cryptocurrency to avoid the network spam. However, it allows the creation of other tokens, too. For instance,  Bitfoliex uses its proprietary solution Traxalt. Building upon the speed of the Stellar (Ripple successor) platform, it supports other leading cryptos, too.

Atomic Wallet

On the other hand, there are crypto wallets that support multiple cryptocurrencies in a single interface. Not dedicated to any, Atomic offers 300 cryptocurrencies and tokens.

Conclusion

Since we already have e-commerce and autonomous checkout stores, it is hard to believe in the reverse effect of the financial crisis. In a world that is more conscious about the ecology, storing cans in preparation for the doomsday is unthinkable. Far more certain is the scenario of massive adoption of crypto wallets or inventing new digital solutions. The study by the Trade Partnership predicts the US and China will cause a loss of 935,000 jobs in the US, and if it escalates – a million more. Therefore, the preservation of both employment and savings will be the key to survival.

However, in the scenario of worldwide inflation and banks’ closings, gold will become a Giffen good. As modern human needs are beyond the food and shelter, it is more likely that their providers would not accept fiat. Unless some solution appears, it will also be hard to transfer the gold. A famous coach Al McGuire claimed that he was treated as crazy when he was losing, and eccentric when winning. He also stated: “I come from New York where, if you fall, someone will pick you up by your wallet.” Time will tell whether those eccentrics who filled their crypto wallets were nuts. But in the competitive world of tomorrow’s financial crisis, we should choose and keep our wallets wisely.

Article Produced By
Zerocrypted

https://zerocrypted.com/crypto-wallets-can-be-a-perfect-solution-to-secure-your-property-during-the-financial-crisis/

Chris Corey

Who Is John David McAfee?

Who Is John David McAfee? 

Some of you may be familiar with John McAfee if you had a computer and installed his anti-virus software back in the day. Historically, he founded the McAfee Software company way back in 1987 and was instrumental in running the business until 1994 when he resigned from the company. McAfee Associates achieved early success as the creators of McAfee, the first commercial anti-virus software. The business was bought by Intel in 2011 with TPG Capital now owning a majority stake since 2017 and now produces a range of enterprise security software. 

A Bit About John

John McAfee was born in the United Kingdom in 1945 on a U.S. Army Base to an American father who was stationed there. His mother was English. They settled in Salem, Virginia US where McAfee was raised. However, he has said he feels as much British as he is American. It was unfortunate that McAfee’s father, an abusive alcoholic, committed suicide when he was just 15 years old. 

He went on to achieve a bachelor's degree in mathematics in 1967, from Roanoke College which subsequently awarded him an honorary Doctor Of Science (Sc.D) degree in 2008.  

McAfee was employed as a programmer by NASA's Institute for Space Studies in New York City from 1968 to 1970. From there he went to Univac as a software designer and later to Xerox as an operating system architect. In 1978 he joined Computer Sciences Corporation as a software consultant. He worked for consulting firm Booz Allen Hamilton from 1980–1982 In the 1980s, while employed by Lockheed, McAfee received a copy of the Brain-computer virus and began developing software to combat viruses.

He then went on to open his own company McAfee Associates in 1987 while working at Lockheed. In 1989 he quit Lockheed and worked fulltime on his business which he initially operated out of his home in Santa Clara, California. 

Since leaving McAfee Associates in 1997, he has founded the companies Tribal Voice (makers of the PowWow chat program), QuorumEx and Future Tense Central, among others, and has been involved in leadership positions in the companies Everykey, MGT Capital Investments, and Luxcore, among others. His personal and business interests include smartphone apps, cryptocurrency, yoga, and all-natural antibiotics. 

John McAfee’s wealth peaked in 2007 at $100 million, before his investments plummeted in the event of the Global Financial Crisis that began that year. It was reported that his personal fortune had declined to $4 million. 

He bounced back when he moved to Belize where he started the company, QuorumEx in 2010 which aimed to produce commercial all-natural antibiotics based on anti-quorum sensing technology. He resided for a number of years in Belize but later returned to the United States in 2013.

McAfee is also a political activist, who sought the 2016 Libertarian Party nomination for President of the United States in the 2016 election, losing to former New Mexico governor Gary Johnson. He has since announced his plans to run for president in the 2020 elections. His primary platform is to promote the use of cryptocurrencies. He did state that he will either seek the nomination of the Libertarian Party for a second time or form his own party. 

This is one creative side of John McAfee

“The perfect mathematics of the blockchains (yes – there are many different blockchains). As a mathematician, this is how the blockchain math would sound, to me, if it was music.” – John McAfee

What Is His Political Stance

McAfee identifies as a libertarian, advocating the decriminalization of cannabis and an end to the war on drugs, non-interventionism in foreign policy, and a free market economy that does not redistribute wealth, and he upholds free trade

McAfee advocates for increased cyber awareness and more action against the threat of cyberwarfare.

McAfee has advocated for religious liberty, saying that business owners should be able to deny service in cases that contradict their religious beliefs.

He also states, 
 "No one is forcing you to buy anything or to choose one person over another. So why should I be forced to do anything if I am not harming you? It's my choice to sell, your choice to buy."

A Passionate Man

John McAfee, a Cryptocurrency maximalist, has led a very colorful and somewhat controversial life. He has been caught up in numerous legal issues some are fact, and many are fiction according to him. He’s not afraid to speak out. You either love him or you hate him. 

He and his wife are currently in hiding, communicating within a Faraday cage  This is just the beginning of the next chapter for the anarchist that in many cases makes a lot of sense in his reasonings and advocacies. We will be following him over the next couple of months to find out who is the real John McAfee? Does he have a purpose? And what will be his legacy? 

Apart from his outlandish behavior that many have balked at, he is principled and is predominately fighting the good fight, for the people, as John McAfee is truly an essential part of the resistance to government corruption and tyranny. It does take a bit of thinking outside the box to understand him. A little patience and forgiveness to overlook his faux-pas, but you got to admit he’s entertaining. Stay tuned… 

 

ecosystem for entrepreneurs

 

 

Deb Williams
Market Manager for Markethive, a global Market Network, and Writer for the Crypto/Blockchain Industry. Also a strong advocate for technology, progress, and freedom of speech.  I embrace "Change" with a passion and my purpose in life is to help people understand, accept and move forward with enthusiasm to achieve their goals. 

 

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Chris Corey

Bill Barhydt: Facebook Favored BTC Over Libra Originally

Bill Barhydt: Facebook Favored BTC Over Libra, Originally

                               

It appears Facebook executives weren’t all that confident in their new Libra currency

to begin with. According to Bill Barhydt, CEO of bitcoin investment platform Abra, the company originally wanted to implement code that would have made bitcoin its global cryptocurrency of choice, but that scalability issues forced them to start from scratch and start their own cryptocurrency.

Barhydt: Bitcoin Was the Prime Form of Crypto

At ten years old, bitcoin is the oldest form of virtual money. To this day, it is the largest cryptocurrency by market cap and enjoys the most users. It has also experienced the most bullish behavior in 2019, trading for about $10,480 at press time. This is $5,000 more than where it stood in early April of this year, and about $7,000 more than where it was during late 2018. Originally, the idea was that bitcoin could potentially power the new Facebook payment platform(s). Unfortunately, bitcoin’s inability to scale made this very difficult for Facebook executives to implement it, meaning they had to hire developers and coding experts to create an entirely new digital asset – in this case, Libra.

For the most part, Libra has been subjected to mixed reviews. Many members of the U.S. Congress expressed skepticism that the company would implement the appropriate security measures when it came to keeping people’s financial data safe and sound. The company had already proven itself untrustworthy in 2018 when founder Mark Zuckerberg was grilled by Senate members for allegedly selling private data to third parties for advertising purposes, so the idea that such a venture would now weave its way into the financial industry was a little scary. In a recent interview, Barhydt said that he had spoken with many people at Facebook, who often claimed that it wasn’t their original intention to create an entirely new cryptocurrency, but rather a payment system that “satisfied their users’ needs.”

He says:

 Ideally – from my discussion – they actually would have preferred to use bitcoin. I think there’s a huge belief in the system, but if you want to build a remittance system and you want to build a cross-border commerce system and you have 1.2 billion users today, what would happen to bitcoin? Fees would skyrocket. Doing anything with bitcoin that was transactional was effectively untenable.

 Lightning Not an Answer?

For the most part, leaders at Facebook tried to consider all items, including the Lightning Network, but that in the end, bitcoin was simply

out of the question:

 These are smart people. They’ve looked at Lightning, they’ve looked at bitcoin, they’ve thought this through, and they realized that bitcoin is not optimized to be a payment network. Bitcoin is optimized to be digital cash right now.

Bitcoin seems to be the currency of choice amongst internet entrepreneurs, with Twitter CEO Jack Dorsey previously claiming it will be the only form of currency in ten years.

Article Produced By
Nick Marinoff 

Chris Corey 

 

https://www.livebitcoinnews.com/bill-barhydt-facebook-favored-btc-over-libra-originally/

Chris Corey

Globex Announces Its New Open Order Book System

Globex Announces Its New Open Order Book System

Blockchain software solutions company Globex US Holdings Corp.

is launching its new Open Order Book digital securities exchange software. Users can now bid on order-driven, digital asset-supported marketplaces through the Ethereum blockchain.

 Globex Is Coming Full Circle

Using their smartphones or mobile devices, customers of Globex can purchase, sell or trade any tokens (ERC-20) developed or included on the Ethereum network. Open Order Book comes equipped with a dashboard similar with that of a traditional stock exchange. It also comes with built-in transparency and smart contracts designed to halt market manipulation and protect investors from fraudulent activity and malicious actors. Fake trades are never promoted through volume discounts, and “prop trading” is strictly forbidden. All transactions occur on-chain to ensure that there is some form of auditable record for the future. In addition, the platform offers several trading pairs that are settled within minutes, not hours or days. Currencies are tied to fiat, so investors are not subjected to the same volatile properties that affect most forms of digital currency, and each customer is given their own private key to prevent cyberattacks and theft.

Globex CEO Brian Collins explains:

 The digital asset community deserves a compliant secondary trading solution that upholds the core values of a public blockchain. We believe Open Order Book has the ability to usher in a new wave of quality issuers while leveling the playing field for investors to benefit from the liquidity that a global network of transparent, accessible, regulated trading venues will offer.

Dr. Andrew Le Gear, the company’s chief technology officer, explained the motivation behind the platform’s unique look and style. He claims:

 When developing Open Order Book, we were in a position to observe and solve the challenges that both traditional and crypto exchanges face. We believe Open Order Book showcases the best of both worlds for digital securities participants to transparently and securely trade on the blockchain.

 Working with Government Authorities

Recently, Globex signed what’s called a “Memorandum of Understanding” with the government body of Antigua, a small island nation in the Caribbean. The memorandum has paved the way for Globex to provide the country with its own digital stock exchange that will also be powered by Open Order Book’s transparency and smart contracts capabilities. The company is also releasing a new trading app known as “Game of Trades” in the coming months. Among the company’s primary goals is complete government compliance with present laws surrounding digital currencies. Globex is very concerned about the lack of regulation in the digital asset market, believing it has paved the way for criminal activity, theft and cyber-related problems. The idea is to utilize the power of both “Wall Street and the Silicon Valley” to bring a whole new system of safe and secure apps for cryptocurrency enthusiasts to use.

Article Produced By
Nick Marinoff

https://www.livebitcoinnews.com/globex-announces-its-new-open-order-book-system/

 

Chris Corey

WHAT’S IN STORE AT MARKETHIVE?

WHAT’S IN STORE AT MARKETHIVE?

Groups And Campaigns Go Next Level

Automated and managed advertising and marketing campaigns can be done through a group or what is now called a “Storefront”. You are able to set up Co-ops and automate members’ contributions to a particular campaign. Publish and build the Blog Section of the group to keep your group members up to date and knowledgable about your business or interest. You can also reward a members’ activity with a smart rotator meaning any conversions you receive will be distributed to the members based on their engagement within the group. 

 

What Are Storefronts?

Markethive is in the process of creating a function to turn your Group into a Store Front. 

Storefronts create a single thread all driving people into the StoreFront via advertising campaigns, funnels, etc. A storefront will focus on one particular business however they will come through the Markethive portal directly into that storefront group via a capture page. Your prospects will be welcomed there with a splash page with your branding and message straight into that group. 

Storefronts are essentially a  lead generation campaign that is powered by Markethive, but not necessarily promoting Markethive. You are primarily generating leads and signups for your private business within that storefront. Once the prospects are in a storefront group, they then can experience the Markethive ecosystem at their leisure. 

This streamlines your lead generation and conversions and you can conduct everything within that group including commerce meaning you’ll be able to accept payments within that group. 

Regular capture pages that realistically only give you a name and email and very little control in the follow-up process can have a diminishing effect whereas being placed into a storefront group through Markethive, you have all the verified information you need and the ability to nurture them within a collaborative environment. This is very powerful.  The bonus is they receive the signup bonus of 500 MHV which at present equates to $100usd. This can excite and make them feel right at home. 

The bottom line is this type of lead system brings the person into the sales page so now they are a member of Markethive, with access to Markethive autoresponders including the one you allocate to them for your business. They also have the opportunity to be trained by Markethive which may lead to further signups within the Markethive system, thereby activating the faucet which pays them for all activity and any other loyalty programs they utilize. So now they are receiving the nurturing and collaboration which is the essence of Markethive, plus absolute exclusivity in the sphere of influence and working with them to build your business, whatever it may be. 

 

Group Procedures

If a sign up is achieved through the Group’s profile page link, the owner of the group is the referrer.  If a group capture page is used, the owner of the group is the referrer.  If a group member uses their permalink created by the owner of the group, then that group member is the referrer.  If the groups' rotator link is used, then it rotates through the members for the referrer.

Another advantage is that all prospects that sign up using a group page or link are automatically added to the group regardless of the groups' security settings.  Also, each time they log in they land on the groups' page as opposed to the Markethive Home Page. Soon widgets will be available in a group. So you can embed a signup widget on your external web page to sign new members into your group.

 

Markethive’s Vision – The Bigger Picture 

Everything Markethive builds is to your advantage. To increase your sphere of influence Markethive is the foundational support of your pursuit and success. Markethive is so different from anything else out there. It will bring the entrepreneurial spirit out in people. They will be able to dare to dream because of Markethive. Centralized entities of the world are reputed to be corrupt and unfair structures that oppress people. Markethive is here to liberate. To give people the freedom, self-sovereignty, to lift and inspire.

When people realize that there is an organization, culture, and system that will give them what they need to be able to achieve financial sovereignty such as Markethive, (meaning we are not dependent upon governments or financial structures that oppress communities and Society in general), Markethive’s growth will be exponential and lead us to 1000’s of hybrid hive farms cultivating Medicinal Marijuana and producing or mining coins. 

 

The Architecture 

A simple explanation: A server and farm at the bottom of the building, the second story is a greenhouse. The greenhouse is producing electricity to feed the servers below. The servers are producing the heat which in turn produces coin and at the core of all that is our Quantum dWave computer as one of the many decentralized database systems that are operated, controlled and protected by the blockchain of our wallet, meaning Markethives presence will be in every nook and cranny in the world and we will be spread out and decentralized along with many projects that will inspire and improve the world. 

Initially, 3 Data centers will work in conjunction with our wallet on the blockchain and will be part of managing our distributed database. Eventually, Markethive will have 10,000+ data centers spread out globally in our mining hive facilities so the entire system will run off the closest data center to you but all interconnected, all updating themselves and all managed by blockchain. This is a substantial technological advancement with no other company doing it presently. 

 

A Goal Within Reach

Markethive’s goal is to reach the very top of the Alexa Ranking which means massive traffic. At the time of writing, we have just topped 100,000 unique visitors a day. This is organic and surprisingly in almost every country in the world. Markethive will become a Multi trillion-dollar company and we are well represented in all parts of the world. You can help by installing the Alexa Toolbar Extension and checking it daily. 

Markethive’s social networks have grown exponentially in the last few weeks now over 40,000 with functions in place to increase our followers into the multi-millions. 

Individually and holistically we create a massive reach with Markethive’s WordPress plugin and SNAP (social network auto poster) Department. The SNAP Dept will help your WordPress become a mini digital media publisher where Markethive press releases and articles will be sent out to your WordPress which in turn gives you increases in your faucets, bounties, airdrops, and vault as well as online presence and branding. 

This is an image of the Log in Map into Markethive which shows organically just where we are in the world. So many countries have been touched with Markethive’s blessing already. 

CEO and Co-Founder of Markethive, Thomas Prendergast states,
“I have every confidence that we have sitting in front of us the ability to reach 500 million subscribers in Markethive within a year.” 

 

A Conservative Projection

A Social Market Network where the members are at the forefront of Markethive’s vision and agenda stands to benefit greatly with the Incentivized Load Program (ILP) and Entrepreneur Upgrade

Let’s keep this projection at 50 million subscribers in the next year. Based on LinkedIn’s figures and Markethive’s projection if…

39% upgrade to Entrepreneur program   = 19,500.000 subscribers x $100 per month 
= $1.95 billion per month, of which 20% is allocated to ILP holders. 

20% = $390 million allocated to the ILP holders. 

Notably, there will be a limit of 1000 ILPs. 

So with 1000 ILPs that equates to $390,000 per month to each ILP holder of one full ILP. 

A 1/10th of an ILP can be achieved by staying active in the Entrepreneur Program for $100 per month for 12 months. Every year you stay active will earn another 1/10th so in 10 years you will have a full ILP. Even a 1/10th ILP will provide you with a dividend of $19,500 per month based on these figures. 

This is on top of all the services the Entrepreneur Program provides for its members.

Thomas Prendergast emphatically affirms,
"This is going to eliminate the struggle and empower you. This is the reality and these are real numbers Markethive will build the superstructure to bring on the last harvest."

Summary

So to put it all in a nutshell, we have automated and managed advertising and marketing campaigns. We can set up Co-ops and automate members' contributions and shares to any particular campaign.  Build contribution blogging among groups or storefronts and reward activity with a smart rotator.  Also, create a massive reach with our WordPress plugin and our SNAP (social network auto poster) Department. Reward your members with waited traffic and leads based upon their engagement within the group. Also, track and monitor 3rd party article submissions and Press releases. Additionally, build backlinks and monitor with Markethive’s exclusive data matrix display tracking system. 

And remember, anything you do in Markethive, whether it be to promote Markethive as your business or a completely separate and private business, you are receiving Markethive Coin (MHV) as a reward for your efforts. Now is the time to accumulate as much coin as you can and be ready for the launch of our wallet. Think about becoming an Entrepreneur Upgrade as it will be the last thing you ever need to do to secure your future. As stated by Thomas, MHV will become the Bitcoin of the Consumer Coin.  

 

ecosystem for entrepreneurs

 

 

Deb Williams
Market Manager for Markethive, a global Market Network, and Writer for the Crypto/Blockchain Industry. Also a strong advocate for technology, progress, and freedom of speech.  I embrace "Change" with a passion and my purpose in life is to help people understand, accept and move forward with enthusiasm to achieve their goals. 

 

FOLLOW US ON…

Website: https://markethive.com 
Token Site: http://markethive.io/ 
Telegram: https://t.me/markethive_suppor
Twitter: https://twitter.com/markethive/ 
Github: https://github.com/markethive /  
Reddit: https://www.reddit.com/r/markethive/  
Crunchbase: https://www.crunchbase.com/organization/markethive
Medium: https://www.medium.com/@markethive
Bitcointalk: https://bitcointalk.org/ 
Telegram News: t.me/Markethive
LinkedIn: https://linkedin.com/company/Markethive
Facebook: https://facebook.com/MarketHive
Youtube: https://youtube.com/Markethive

 

Chris Corey

Enjin Coin Price Prediction 2019: Will The ENJ Reach 02 By The End Of 2019?

Enjin Coin Price Prediction 2019: Will The ENJ Reach $0.2 By The End Of 2019?

Enjin Coin Price Prediction.The future of money is changing.

The dawn of digital technology has brought a new way of accepting payments without real money transactions or the need to negotiate with the bank. This future of banking is made possible only because of cryptocurrencies. And so if you’re a newbie willing to invest in any cryptocurrency, then you should necessarily have the detailed insights of the currency. While I speak about the detailed insights, it also means the future prediction of the coin. Today, in this article you will find a detailed analysis as well as the future of Enjin coin. Why wait? Let’s dive into the depth of this Enjin Coin Price Prediction….

What Is Enjin Coin?

When you’ve decided to invest in Enjin Coin, you should be quite aware of it from the scratch… Enjin coin is basically a token on the Ethereum Blockchain. Enjin is an IT company founded in 2009 and based in Singapore. The company has various products like Enjin Network, Enjin Wallet, EnjinX, Efinity and Enjin Coin (ENJ). Enjin coin is a digital coin that can be used across many different websites and online games. You can also convert the coin into various other digital properties like game items or in-game gold. The coin is basically made for the game industry.

Enjin Coin Price Today

Currently, the Enjin coin price is trading at $ 0.08049 resistance levels with a marketcap value of $ 80.38 M. Also, the Enjin coin has a total circulating supply of 767,432,985 ENJ.

Recent Updates

Enjin Coin Listed On Swiss Crypto Exchange

Enjin coin is now listed on the Swiss cryptocurrency exchange. The SCX is first Swiss crypto exchange who have partnered with a FINMA-regulated Swiss bank. The Enjin coin CEO, Maxim Blagov expresses

his thoughts saying, 

“It’s very exciting to see respected institutions like SCX moving to deliver more transparency and security to people who may have been previously wary of the cryptocurrency market. I’m especially happy to see them go to such lengths to research and investigate the cryptocurrencies they list. By highlighting trusted cryptocurrencies with tangible adoption prospects, SCX is boosting confidence in the blockchain movement and ensuring projects like Enjin can continue to deliver innovation after innovation for many years to come.”

Crypto.com Has Now Listed Enjin Coin

Crypto.com announced the listing oc Enjin coin to its wallet and card app, joining bitcoin (BTC), ether (ETH), Litecoin (LTC), Binance Coin (BNB), XRP and its own MCO and CRO tokens. With this listing Crypto.com will enable easy purchase of ENJ coin through USD and EUR bank transfers. The crypto.com wallet and card app will allow its users to securely sell, send, store and track cryptocurrencies. 

Enjin & CoinSwitch Partnership

Enjin partners with Coinswitch to bring a crypto payment gateway for Unity. This collaboration also aims to bring Coinswitch’s token swap functionality to Enjin wallet.

Crypto.com Lists ENJ

Crypto.com lists ENJ coin to its wallet and card app, joining bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Binance Coin (BNB), XRP and its own MCO and CRO tokens. It also enables easy purchase of the ENJ Coin with fiat through USD and EUR bank transfers, credit and debit cards globally on the app.

Fundamental Analysis

Although the fundamentals of ENJ are strong, the execution of ENJ’s robust platform designs does not meet the expectation of Initial Coin Offering(ICO). The gaming industry is growing at an exponential pace where Enjin enhances its growth by providing blockchain technology-based foundational tools. These tools enable the development of video games, decentralized applications (DApps), eSports, and incentive programs. ENJ token is a way to include security and trust throughout game technology development. ENJ allows developers and gamers to utilize SDKs for a wide range of payment platforms, wallets, and languages.

This token also provides a solution to exorbitant fees and high rates of fraud in gaming. Very low transaction fees are required for Blockchain transactions. Also, the decentralized, distributed ledger technology decreases the fraud rate. Enjin also uses the JSON-RPC protocol to allow users to check account balances before, during, and after the purchase or sale of virtual goods within games such as Minecraft.

Technical Analysis

Enjin coin’s low market cap and unambiguous use cases are experiencing market struggles. Especially during the past year, these struggles were more real. During December 2017, Enjin coin was trading below $0.50 USD and never crossing the fifty-cent limits. The Enjin ICO token sale took place from Oct 3, 2017, to Nov 1, 2017. With the market decline in Q1 2018, ENJ dropped in February. This hit the prices below $0.01 USD by mid-March. After which there was a short recovery, as the prices approached $0.20 USD in May. By the end of the month, the decline started slowly and it is not yet subsided since.

The crypto market in 2018 has seen a bearish trend and for no surprise, the ENJ coin also collapsed along with the rest of the market. The coin has lost 95% of its value from December. With the start of Feb 2019, the coin is again gaining back its traction. Recently, during mid-April, the coin was trading around $0.2 resistance. This again saw a slow decrease in price and trading in the range of $0.15 resistance levels.

Enjin Coin Price Prediction 2019

Almost all the cryptocurrencies in the crypto world are enjoying the bullish run past few days. As is the Enjin coin which is currently trading at $0.15 with a growth of 5.17%. With the Enjin coin showing some upward momentum, the price can reach the trading levels of $0.2 by the end of 2019. With this bullish market, you can start to invest in Enjin coin. However, the Enjin coin is one among the few cryptocurrencies which have the ability to integrate into the products of IT-giants.

Enjin Coin Price Prediction 2020

In the year 2020, the entire cryptocurrency market is very likely to stabilize. This stabilization will definitely reveal a clear picture of the true value of ENJ. Suppose if the token is truly undervalued and its usability increase, you can see a healthy performance by 2020. The Enjin Coin price may reach a value of $0.25 by the year 2020.

Enjin Coin Price Prediction 2025

According to the sources, the price of ENJ coin will increase to $6.5 in the next five years. The prices could even rise as high as $10.00 in the next five years. Basically, the price forecast for crypto in the upcoming five years is extremely positive. Eventually, these forecasts are an expected recovery in the crypto market. Also, this rapidly booming industry can be of worth $170 billion USD in the next five years.

Market Price Prediction

As the crypto market is completely volatile and unpredictable, it is quite hard to forecast the price of cryptocurrencies. Basically, it is much more like a gamble and luck rather than any data-driven guesstimate. Now is the time to glance at the eminent publications and personalities who share their predictions about the Enjin coin:

Wallet investor

Wallet investor is one such website who provide technical analysis-based predictions of various cryptocurrencies. As per the Wallet investor website, the ENJ coin may drop to $0.081 per token in a year. Hence losing all its Samsung S10 gains.

Trading Beasts

Trading Beasts is a website which helps crypto traders to learn how to responsibly trade binary options and CFDs. They expect that the Enjin coin will float around $0.17 in a year. Elaborating further they also predict that it can roughly reach $1 by 2020.

Cryptoground

Cryptoground is a popular crypto forecasting site who predicts that Enjin might stay around $0.22 by the end of 2019. Adding to this, the site also predicted the ENJ coin price for 2024, stating that it may reach $0.55 by 2024.

DigitalCoinPrice

Some sites like the Digital Coin Price have a positive prediction. This states that by the end of 2019, the ENJ coin might be twice than it is now, which is $0.44 per coin.

Our Prediction

Coinpedia offers you realistic predictions rather than fantastical, imaginative and biased predictions. This is the reason why we predict that it will be a slow start to ENJ coin price. The prices will relatively remain stable, reaching $0.18 by the end of 2019. Suppose if the bull market continues, the ENJ price may even reach greater heights of $10 or more in the coming future.  

The Conclusion

It is always better to do your own research before you invest in any cryptocurrency. It is already known that all cryptocurrencies, including Bitcoin are volatile. Also, be careful that the historical data does not indicate any future results. So, you should never invest more than you could afford to lose. Also, it is better to be prepared for the worst case to lose everything you invest.

Article Produced By
Qadir AK

Qadir Ak – Co-founder of Coinpedia Blog – His interest as crypto Author, Editor, Speaker at cryptocurrency conference has made him known as passionate blogger and startup in Asia.

https://coinpedia.org/information/enj-enjin-coin-price-prediction/

Chris Corey

China Zombie is a serious company with serious goals Says John McAfee

China Zombie is a serious company with serious goals – Says John McAfee

One of the Popular crypto influencer and libertarian U.S. Presidential John McAfee

seems to have stuck into another conflict with Zombie coin, and they are now demanding $100 million in compensation. A Chinese venture that allegedly awarded John McAfee a sum of $4.5 million in order to successfully promote an Initial License Offering (ILO) linked to the zombie token now wish to sue John. The South China Zombie Research Center believe that the revered crypto-enthusiast violated the terms of the original deal.

On September 6th, The South China Zombie Research Center threatened McAfee to sue the influencer for $100 million. According to the platform, John has violated the terms which he initially agreed. The firm claims that McAfee has disparaged them in the white paper which he has partially written and published. The SCZRC claims that McAfee has not delivered on his obligations. Consequently, he has been accused of endangering the human race as the world is now presumably less prepared for a Zombie invasion.

John McAfee’s Response to Zombie coin

Further, responding to the tweet, john said that the allegations by the zombie coin project were simply a misunderstanding. It was caused by his client’s failure to grasp the ‘nuanced humor’ contained in the white paper he wrote. He further added that the zombie coin idea could only have been conceived by a “mentally deficient four years old”. Meanwhile, According to the reports of CCN on Sep 6th, McAfee said that this is a huge misunderstanding. He insists that he’s not trivializing China Zombie’s research. During the discussion, McAfee told CCN that it is a serious company with serious goals. Moreover, he says he regrets “this misunderstanding and hopes this issue can be resolved.”

He also explained that he was just making fun of the SEC’s ludicrous involvement in cryptocurrencies by writing the only Disclaimer Section that could possibly meet their requirements. McAfee claims that he never meant to disparage China Zombie. In fact, he praised them for doing profound research into chemically-induced Zombieism. Additionally, McAfee claims their research has “uncovered bad actors in multiple countries who are attempting to use advanced research chemicals to potentially destabilize entire cultures.”

Article Produced By
Nidhi Kolhapur

Nidhi is a passionate crypto Journalist covering the world of alternative currencies. She shares the latest and trending news on Cryptocurrency and Blockchain.

https://coinpedia.org/news/china-zombie-is-a-serious-company-with-serious-goals-says-john-mcafee/

Chris Corey

Terra and Mining Token Luna Listed on KuCoin Cryptocurrency Exchange

Terra and Mining Token Luna Listed on KuCoin Cryptocurrency Exchange

                            

August 30th, 2019, Singapore

Stablecoin Terra SDT (SDT) and mining token Luna (LUNA) listed on BTC and USDT markets.

Terra, the project building the next-generation payment system on the blockchain, announces today that its stablecoin Terra SDT (SDT) and mining token Luna (LUNA) will both list on global cryptocurrency exchange KuCoin. Deposits will open on August 28, 8:00 am UTC, and trading will start at 10:00 am UTC with trading pairs LUNA/BTC, LUNA/USDT, and SDT/USDT.

Terra is a blockchain payments network that is powered by two tokens: Terra and Luna. At its core lies the algorithmic stablecoin Terra, which refers to a family of cryptocurrencies that are each pegged to the world’s major currencies. Terra’s flagship currency, Terra SDT, is pegged to the IMF’s SDR and serves as the unit of account for the Terra protocol. Terra is backed by a second token called Luna, the mining token that not only powers Terra’s blockchain, but also derives its value from receiving Terra’s transaction fees.

Terra is making blockchain-powered payments commonplace by providing incentives to consumers and merchants alike. Terra offers significantly cheaper transaction fees to merchants by cutting out unnecessary middlemen, and also offers 5-10% off every purchase to shoppers which is funded by growth in its underlying stablecoin economy. Terra’s plan to get its stablecoin into the hands of millions is propelled by an ever-growing e-commerce alliance, which includes Asia-Pacific giants such as TMON (e-commerce, Korea), Woowa (food delivery, Korea), Carousell (C2C, Singapore), and Tiki (e-commerce, Vietnam).

Michael Gan, CEO at KuCoin, said:

“As the People’s Exchange, KuCoin is committed to empowering promising blockchain projects and providing a wide range of digital assets to crypto investors. The next-generation payment network developed by Terra has the potential to grow the blockchain economy. We are happy to see this great project join our trading platform and we really appreciate their contribution to driving the mass adoption of cryptocurrencies.”

“Since launching in June, Terra’s transaction volume has been growing at a rapid pace, with usership already exceeding 400,000. We are excited that a global exchange like KuCoin is listing Terra and Luna at a time of unprecedented growth, and we look forward to continue growing Terra’s economy as more and more e-commerce partners offer Terra as a payment option,” said Daniel Shin, Co-Founder of Terra.

Terra recently announced new e-commerce partners such as Korea’s music-streaming giant Bugs and Sinsang Market, the largest B2B fashion platform in Korea. It has also recently announced investments from Hong Kong’s HashKey Capital, Singapore’s LuneX, and U.S. hedge fund Ulysses Capital. Terra’s mining token Luna (LUNA) is also listed on global cryptocurrency exchanges Bitrue (BTC/XRP) and Bittrex (BTC).

About Terra:

Terra is designing a price-stable digital currency that will power the next-generation payment network on the blockchain. Terra partners with an ever-growing alliance of global e-Commerce platforms to bring blockchain’s benefits such as low transaction costs to merchants and everyday consumers. By bridging the gap between digital currencies and real-world application, Terra aims to evolve into an open platform for innovative financial dApps and grow the real GDP of the blockchain economy. Founded by a team of business, finance and blockchain experts, Terra has offices in Singapore and Korea.

About KuCoin

The KuCoin Exchange opened for cryptocurrency trading in September 2017 and enjoyed steady growth into 2018. The KuCoin Exchange puts a high priority on the quality of the projects listed based on a well-trained research department that scours the blockchain industry for the highest quality projects. KuCoin provides an exchange service for users to conduct digital asset transactions securely and efficiently. Over time, KuCoin aims to provide long-lasting, increased value to its more than five million registered users, in over 100 countries. In November 2018, ‘The People’s Exchange’ officially partnered with IDG Capital and Matrix Partners.

Article Produced By
Bitcoin Blast, Bitcoin Press Release

https://bitcoinprbuzz.com/terra-and-mining-token-luna-listed-on-kucoin-cryptocurrency-exchange/

Chris Corey