A story of two start ups

This story is based on true events (references at bottom), detailing how two start ups revolutionized an industry.

Modernizing Retro

In 2008, a vintage photography enthusiast named Lucas had an idea for a mobile app that would revolutionize the industry. You see, vintage photography was an expensive hobby and the entire system was archaic, full of middlemen, and primed to be modernized.

In order to get into the hobby and share your photographs with your friends and family, you had to

1. Acquire a vintage camera from a pawn shop or eBay
2. Find and purchase the correct film for your camera model
3. Learn how to use the camera and take a photo
4. Bring the film to a photo lab and pay a fee to have it developed

The brilliant idea Lucas had was to take advantage of recently released iPhone and its camera capabilities. A series of filters (with catchy names like Blanko and Valencia) could be applied to digital photos after the fact to create the effect of a vintage photo, streamlining the entire process into just a single press of a button.

Lucas got to work creating an app that would do just that and bit by bit, word spread. Friends were amazed by the nostalgia of seeing these vintage photographs and the ease at which these they can be taken. Folks in the business were apprehensive at first but soon began looking for partnerships and embracing the inevitable revolution of their industry. Before long, Lucas' app was at the top of the App Store and would eventually garner millions of users.

The name of this app was.... Hipstamatic.

​

A new challenger

The success of Hipstamatic spawned a slew of copycat apps hoping to replicate its success but none were able to overcome Hipstamatic's first mover advantage and brand recognition. That is, until the launch of a new challenger a few years later... Instagram.

Instagram's early success was due to its focus on doing one thing and doing it really well -- and that was the sharing of the photographs taken on the app. It completely streamlined the process and made it seamless for their users to share their creations with their network. This approach worked and Instagram soon left Hipstamatic in the dust with its growing userbase and eventual historic Facebook acquisition. The rest is history.

​

Parallels to crypto

Reading about the beginnings of these two apps/companies reminds me of Bitcoin's history and the disruption that it brought with the great technological invention that is the blockchain. As a digital currency, it allowed for peer-to-peer payments bypassing all the middlemen of the traditional banking system.

I was floored the first time I sent a Bitcoin transaction. Sure it was a steep learning curve in the early days, and there was plenty of room to make mistakes, but I was excited by the potential it offered.

Forks and copycats followed but none could match Bitcoin's success. But Bitcoin isn't perfect. Eventually a coin will emerge that aims to do everything Bitcoin can do but better.

I believe that coin is Nano.

​

References

https://www.investopedia.com/articles/investing/102615/story-instagram-rise-1-photo0sharing-app.asp

https://www.fastcompany.com/3002034/no-filter-how-instagram-caused-hipstamatic-lose-focus-and-gamble-social

https://en.wikipedia.org/wiki/Hipstamatic

A story I share don Facebook to get people exposed to what crypto can be

"A very strange confluence of events this last week.
Back at the end of January, I wired a large amount of money to China through TD bank to pay for parts for a laser I use in my office. The laser has been in Florida since about this time last year awaiting repair. The manufacturer ; located in Wuhan China and incorporates the regions name in its own: Wuhan Gigaa Optronics Technology Co., was shut down when covid hit China early on and then , as we know, it hit us. So throughout last year I didn't want to spend the money for the repair but recently decided to put PPP money towards the machine.
The money was sent on January 26th and I was charged $50 for the transfer.
I notified Gigaa that the money was on its way and they sent the parts out to Florida where the laser was being repaired.
A week later I was notified, by Gigaa that TD bank had misspelled Wuhan as Wuahun and the transfer was denied, and reversed.
I waited a few days to see the money to return to my account but nothing happened. Over the last three weeks I have visited the TD branch every other day and they can't give me a timeline or reason why the money is missing.
Meanwhile, the laser has been repaired and it ready to ship out of Florida, when the payment is made to China.
During this period, I started to look into cryptocurrency out of curiosity. I stumbled onto Dogecoin which is the cheapest of the cyber money ( $ .0575) a share but has much of the interest of the people who drove Game Stop and AMC stocks through the roof.
I bought a bunch of the cheap cyber coins and have watched it cycle up and down hoping to become a millionaire off of nickle stocks.
But because of what is happening with my TD bank money, I really see how cyber currency can replace the awful banking system we now have.
Cyber money relies on a vast network of computers which all hold the records of who owns what coins ( anonymously) and what transactions are made.
It is called " decentralized" meaning it is spread out and not concentrated into a few large institutions who all capitalize on taking pieces of everyones pie.
Imagine if I could have just paid Gigaa with Dogecoins or Bitcoin.. right over the internet, instantly, without having to pay $50 to someone to do the same thing?
Imagine businesses accepting coins that don't cost them %3 and don't have to deal with fraudulent claims and charge backs?
The value of money would be determined by those who have it and not b y those wanting to take everyone else's!
Start familiarizing yourself with cyber currency now.... it is the future...
And BTW... TD bank still has not gotten back to me. I had to withdraw more money so i can go to Western Union and wire it to China and get my equipment. I closed one account and will be making a transition to a new bank soon."
"

Whats the state of play for anonymization with Cardano?

With Bitcoin you have coin tumbling services and coinjoin to anonymize your holdings.

Does anything like this exist for Cardano?

Some people might suggest converting to Bitcoin/Monero and back to anonymise.

The problem with transferring across cryptos currencies is its a taxable event in some countries.

Will cryptocurrencies become mainstream currencies?

Non-fundamental factors caused the Hong Kong stock market to fall too much. Various American factors, exchange rate factors, epidemic factors, extraditions, events, etc. The decline caused by non-fundamental factors is an opportunity to buy high-quality stocks. If Bitcoin becomes the mainstream currency, will it lead time?

What features would be you find useful in a "Robo-advisor for Crypto"? 🤖

I'm working on a robo-advisor that would help people automate their portfolio for cryptocurrency investments. You can think of it like Betterment for Crypto.

The target audience would not be "hard core" crypto traders. But rather, folks who are interested in crypto because they want to diversify their overall investments assets but want a more passive approach because they don't have the time or energy to do the legwork. (So maybe you wouldn't be a user but maybe have a coworker/aunt/friend who would be).

Here are the features/benefits of a robo-advisor that I'm hoping to get some feedback about:

​

1. Automated Rebalancing. The benefit here is to make sure the portfolio is never overexposed to one coin and collect some gains along the way. For example, maybe someone always wants 50% of the asset allocation to be in Bitcoin. So the robo-advisor can rebalance when that percent allocation varies. Or maybe someone only wants 2% of their total net worth to be in cryptocurrency. The robo-advisor could liquidate the excess amount above a certain threshold.
2. Diversification. Just like with stocks, diversifying crypto spreads out the bets. You could argue Bitcoin and Ethereum are the main game in town. But in light of recent events, there's a strong argument for diversification (i.e. the astronomical gas prices on Ethereum driving mind & marketshare towards Binance coin and others).
3. Vetted Cryptocurrencies. I guess this part of the robo-advisor would involve a human. So maybe I should call this a "cyborg-advisor". But the idea here is to spare people from researching each coin, which as many of you know can get really complex & time-consuming. You might think, "well, why not just go by market cap weighted index?" But looking at the top coins by market cap, at least one is questionable due to regulatory issues (XRP/Ripple) and others are has-been's at this point (like Litecoin or Bitcoin Cash).
4. Earn Interest. Defi products can be part of the automated portfolio, similar to bond allocations in retirement funds (although much riskier of course). IMO defi is crazy difficult for a casual retail investor to take part in. Blockfi is probably the closest thing to hiding the complexities of lending crypto for rewards, but you don't get the collateral safety valves built into defi.
5. Automated Tax Loss Harvesting. Just as you can sell stocks at a loss to offset capital gains, the robo-advisor would do something similar but with crypto.

Questions for the sub:

• Would you (or someone you're close to) use a crypto robo-advisor? If not, please explain.
• What do you think of the features mentioned above? What other features would you like to see?
• How much would you be willing to pay? 1%? 0.5%? 0.25% assets under management?
• Any other feedback?

Immediate advice needed on abandoned property laws in NY and crypto

Howdy folks,

I’m in a real pickle, and I need legal assistance. Not sure if my flair is appropriate. Here’s my issue:

First off, I’m a US citizen that’s been out of the country for almost a year (first to avoid covid, then to avoid any potential fiascos around the election, and then to describe a new species and publish some range extensions).

I have a small amount of bitcoin sitting in a Circle account. I set the Circle account up a few years ago while I was recouping from Lyme disease at my folks’ house in NY (Lyme sucks, watch out for ticks, and always get a Doxy prophylactic if you get an attached tick). I’ve since moved out of state. I did an address change, but never thought to update it with Circle.

Fast forward to now, my mother asks me over the phone if she should open an envelope I got from Circle. It turns out they’ve stopped being a bitcoin brokerage (for some time) and they are on the verge of transferring my BTC to the state of NY as abandoned property in the beginning of March. There is a phone number on the form I can call as well as a USD amount that’s less than half of the valued BTC I have on there. I called the number and it’s for a company that handles the abandoned property transference. She says that I have a few weeks and to get on my account and transfer out the BTC to a private wallet. She also says if I get the letter filled out they’ll send me a check. Clearly I want the BTC, not the USD value from a few weeks ago. As well, their website clearly states that people with BTC in their account cannot convert it to cash, but can only transfer it out to another wallet. There are also holding fees, etc.

I immediately try and log on but quickly realize a huge problem. I no longer have the number associated with the 2FA I set up with my account or if I did use my current number then it doesn’t work internationally (I don’t think this is the case, as I get 2FA texts from my bank, etc, here). There is an option on the site if you’ve lost your device/number by submitting pics of your ID and a pic of you holding your ID. I did this, but the ID is of course in my new resident state. I get an immediate automated reply on 2/17. I respond with a letter stating this issue needs ASAP attention. I get nothing back. I write several emails and get nothing back. Some sleuthing nets me a phone number which I call and leave a detailed message on. The next day I get a reply saying that they had listened to my message and-

“Please note that your funds are in the process of being escheated to the state of New York.

When funds are escheated as unclaimed property, the state is responsible for holding these funds
on your behalf indefinitely.”

But no help in resetting my phone number to get into the account.

Best solution is I can reset the number associated with my account, log in and transfer my BTC to a wallet. The company seems completely unwilling to address this though.

If in fact they’ve converted my BTC to USD (is that legal without some sort of expressed permission?) do I have any recourse to sue for the actual amount of BTC I had as opposed to the converted value from USD from a while ago? And if they’ve done it before the deadline given to me on both the letter and the date given to me on the phone do I have any recourse there?

It’s been a week since I first emailed the company and I am no closer to getting on to my account. I have a little over a week to get on before the deadline.

I’m a conservation biologist and this would be a huge chunk of change for me that I was counting on having in the future. Losing a majority portion of that because of a weird confluence of timing and events as well as Circle simply not feeling like responding to my request to reset my number is nuts.

I’ll take any sound advice and gladly take any suggestions for legal rep from a lawyer with some experience in this field if you guys think it’s necessary.

Any help welcome!

Fair Market Value BTC somewhere Near 22k

Hi Noobs,

Wanted to check in with you all and talk about the 2017-2018 bull run to crypto winter, and how I decided to go about figuring out where the exact bottom was going to be. We can use some of that information and apply it to the current BTC decline into Crypto Winter.

Ok so, in 2018 we seen a repeat of what always happens after a BTC bull run, which is a large quick moving down slope, moving somewhere around 20/30% in a single day.

Back then, I bought back in at the false floor, I made gains in a dead cat bounce and got out before the whole market feel off a god damn cliff, so over the next few weeks I thought about the basics a lot (I was in my first year of my masters and was devoting my first year to studying every aspect of crypto).

I wanted to know exactly how much money it was to run a Bitcoin mining farm, and what equipment they used specifically.

So I got all of that information and figured out that in 2018 it was just over 3k to produce each new Bitcoin. Like 3,100 to be exact or what I presented on my first year review for my masters.

Luckily we also have another data point which is, the pandemic drop which landed BTC at around 3,800 - super great data point because it shows us what inflation had done to the mining costs!!! Since 2018.

Ok so here is how we calculate the lowest BTC can be before Miners will stop selling and the price will go up:

First we should account for the inflation 3100 (in 2018) and 3800 (in 2020)

3800 - 3100 = 700 (for two years this could be because upgrades of mining equipment is needed constantly thus inflation is extremely high in the Bitcoin market and driven by competition)

700 / 2 = 350 per year

So because we went through the halving event we can double 3800 plus 350

(3800 + 350)2 = $8300

We can also assert that the $8300 is the near the lowest amount per coin right now.

So as we creep in to crypto winter II the lowest price point we would see out of this Decline would be about $8300

Last time what it took 7 months for the market to really bottom out to the point where the only people selling was miners to cover their costs.

Now because there are developments since 2018 crash I place the fair market value somewhere around 18-22k because of the coins increased use. Anything above 22k is just hype.

PS if you are buying right now you are being ripped off and will take substantial losses, as the market declines into crypto winter 2

Waow, pay attention, markets are flashing red lights everywhere !

Oil at $63 new cycle high

Copper at 4.25 new cycle high

30Y yield went above 2.25 new cycle high

Silver outperforming Gold during its downtrend

Gold getting tightly correlated to bond prices today

Bitcoin getting inversely correlated to bond prices this year

Interest rates already impacting high P/E stocks at these levels

​

All of this is pointing to more volatility going forward not less and potentially one or several huge repricing event(s)

First Post, what you should know about Tether/ Stablecoins

Below is my response to someone asking why Tether was a non event.... if they found that it wasn't backed at 100% cash at all times then what should we do or think....

​

I think because tether isn't the US Dollar. The backing doesn't matter, everyone is obsessed and focused on counting every single dollar that is in Deltec or wherever. Think of tether just like any other free floating crypto- like bitcoin. It has a price, this price unlike bitcoin has been steered by tether to be a dollar. Price, not backing. No one has any claims or rights for Tether to exchange a tether for a dollar, it is not a security. Imo the regulators only care about tether to the extent they care about watching over bitcoin- bc these cryptos have a price, they are treated as virtual currency equivalent to dollars floating around and they want to watch this activity. Stablecoins are not the same thing as dollars, they are free floating cryptos that have a price, where some like tether have been able to convince the market that it should be a dollar. Tether is not a dollar and it will never be treated as such. Whether or not Tether has created more tether than they were able to sell for real dollars is a different question. All that matters to the market is past price history, you need to establish a price then people remember that price and continue accepting it.

If people were really upset or worried that Tether was creating new tether without first collecting us dollars in exchange for that tether they should be even more pissed off at algorithmic stablecoins that have no dollar backing! Why aren't they talking about these!

So algorithmic stablecoins have no backing, they create it out of thin air, which inflates the amount of 'dollar equivalents- if peg is successful' to bid up other cryptos or trading pairs where people holding btc or eth are willing to accept it. If real us dollars have to compete to purchase eth as algo stablecoin that was just conjured into thin air you have massive price inflation. The algo stablecoins have engineered massive price or asset inflation in the crypto space- only the crypto space, at least so far...

Tokens & DAO

Work Quest DAO refers to the decentralized autonomous organization responsible for maintaining and regulating the Work Quest platform. Work Quest DAO features two tokens to run its operations, namely, Work USD (WUSD) stablecoin and Work Quest Token (WQT) management token.

The organization seeks to deliver on its objective of creating a link between employers and potential employees run on the public blockchain. The platform is designed to ensure ease of use while at the same time upholding privacy, transparency, as well as data integrity. Navigating the platform is easy, allowing users to search according to urgency, region, and profession. The team behind the successful operations of the platform are the shareholders who have made the necessary investments and have also combined efforts to make the right decisions towards the organization’s success.

A better understanding of the platforms’ functionality requires an understanding of the Work Quest Decentralized Autonomous Organization (DAO).

Work Quest Decentralized Autonomous Organization (DAO)

The cryptocurrency market seeks to function distinctly without hierarchical management while upholding privacy and functionality fully at the same time. This concept aims to eliminate middlemen, which also plays a key role in minimizing the usage cost on a platform. This DAO features tokens as its internal property allowing the organization to spend and reward specified activities within the organization. In addition, users investing in Work Quest DAO receive voting rights, which influences the way the platform operates.

Work Quest DAO has provided a set of rules encoded on a smart contract to perform its functions. This DAO is not only responsible for maintaining the platform but also in the regulation of Work USD. WUSD is the platform’s stablecoin, which is a type of cryptocurrency. This stablecoin aims to keep its value as close as possible to the US dollar, making it an ideal investment option. To achieve this objective, WUSD functions under an automated system of smart contracts on the Ethereum blockchain. The smart contracts automatically execute, control, and store all the relevant events according to a specified agreement.

To promote functionality and transparency, the DAO remains fully autonomous and independent not just from outsiders but also from its creators. Another added advantage is that all financial information and transactions are recorded in the blockchain, making the platform incorruptible. Cases of fraud registered in many job search marketplaces are unheard of when using Work Quest. The platform’s participants are reviewed to provide reliable feedback before getting into a smart contract with a second party.

All the decisions on Work Quest regarding the available funds’ spendings will be made via reaching a consensus. Keep in mind that everyone who has a stake in Work Quest DAO has the power to suggest the organization’s future. Once suggestions are received, stakeholders can then vote on the suggested proposals. The final say goes to the majority vote.

Becoming a Work Quest DAO Shareholder

It is easy to invest in the Work Quest DAO. It gets even more comfortable for users who have previous experience in buying cryptocurrencies such as Ether or Bitcoin. Another simple requirement is the ownership of a wallet. Purchasing the DAO is similar to buying shares of the Work Quest Company.

To become a shareholder, you can only purchase shares during the funding phase. This gesture means that you cannot simply purchase company tokens at any time. An individual must await the buying phase, which the company determines.

As a shareholder, you can make proposals in addition to voting for the proposed proposals. As a business venture, shareholders have the opportunity to make a profit on their investment. Depending on the number of tokens one purchases, it remains directly proportional to the voting power one obtains on the platform.

To help individuals decide whether they want to become a shareholder, the Work Quest DAO is completely transparent and comes with underlying codes that are always open-source. Therefore, shareholders have the opportunity to review the provided code to ensure that there are no mistakes or bugs.

How the Work Quest DAO works

In the DAO, each action, in this case, a vote, is represented by the Ethereum TX address considering that all votes will be made on the Ethereum blockchain.

Every user will have a token that will represent his or her shares on the DAO. These are the same tokens that shareholders use to vote in the DAO when seeking to make a decision. You can think of the Work Quest token as a Platform’s Governance Token. Those with more control and influence on the DAO have more tokens on their address.

The Work Quest DAO is regulated by a set of automated rules on a public blockchain to incentivize individuals to work towards a joint mission. In this case, Work Quest DAO’s mission is to promote a loose, transparent, open, and fully global labor market. Due to its transparency, anyone with an internet connection can verify the present members, their financial data, as well as the decisions made on the platform. This DAO organization is flexible due to its low entry barriers, making it easy for members to join.

Work Quest Token

Work Quest Token (WQT) serves as a management function as well as carries forth a business logic. DAO’s top management responsible for the decision-making process comprises all the Work Quest Token holders. Their role is to manage the system as well as participate in the platform’s development. The decision-making process may have positive or negative results. In the event a wrong decision is made, the management will incur losses.

To arrive at a decision, WQT holders vote for a suggested proposal or project. In addition, shareholders with a minimum of 100 Work Quest Token or a delegated WQT can suggest measures to improve the organization ecosystem. The actions vary from simple to complex actions depending on the need. These actions may include changing the current market model, adding of new platform features, or even changing the asset support factor.

Work Quest Token (WQT) has a total supply of 100 million. However, the available tokens for sale are 10 million, with the locked amount standing at 90 million. The unlocking process requires ninety percent of the total supply of the WQT.

Payment Mode

Transactions through the platform are completed via the Work USD wallet. However, individuals need to register and create a personal wallet to start using the platform. After creating the wallet, the individual should recharge it.

The Work Quest platform has its wallet for carrying out transactions, whereas the Work USD wallet refers to a desktop application compatible with macOS, Windows, and Linux compatible operating systems. This payment system allows users on the platform to make fast and affordable transfers. On the other hand, Work USD Wallet Mobile refers to a mobile application compatible with iOS and Android operating system gadgets.

Work USD Stablecoin (WUSD)

Work Quest Blockchain has Work USD (WUSD) as its cryptocurrency on the Work Net network. This currency is also used to calculate the remuneration between an employer and employee when concluding a smart contract. Therefore, it will facilitate payment for all types of transactions on the platform.

Uses of WUSD

• Facilitating transactions in the Work Quest platform upon completion of a smart contract between an employer and a candidate
• Exchange for a different cryptocurrency or withdrawal to a bank card in the organization platform
• Boosts simplification of taxation
• Promotes efficiency and reduces the possibilities of corruption

Funds Withdrawal

Funds withdrawal is affordable and straightforward. Using Work USD Stablecoin, user can easily and quickly transfer funds to another user on the platform. In addition, users can also choose to change their crypto in exchange for a different cryptocurrency as well as withdraw funds to their credit card.

Over time, the platform will better its project by developing new partnerships as cryptocurrency is gaining popularity globally. In the near future, it will be possible for users to directly make payments for available work products and services by using WUSD.

Conclusion

Work Quest is based on the blockchain with the key purpose of enabling individuals to find work and allow employees to identify the right candidates to fill job vacancies. Therefore, it functions by easing the communication between employers and employees. To ensure the platform’s functionality and the successful operation of the organization, the organization works under an automated platform with the required set of rules. Above is a better understanding of the Work Quest DAO and the platform’s tokens that enable users to make the right decisions when investing in the organization.

Make sure to subscribe to our channels:

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Work Quest Tokens&DAO

#cryptocurrency #blockchain #workquest #marketplace #recrutement #DeFi #WQT #WUSD

Crypto : First ever auction of a digital artwork

LITT.VN (ASK @ 0.075)

Christie’s auction | The crypto art world is exploding, NFT marketplace Async Art raises over $2M

Businesses are looking for new eyes and ears !

This week the venerable British auction house Christie’s will set a precedent:

It’s conducting the first ever auction of a digital artwork.

And just to spice things up, there’s a crypto component to it all. Read Link here !

A3Com /iCashRewards is discussing “Digital Crypto Art NFTs, Bitcoin Wallet sponsored by the world-renowned artist Caojun ” and “ iCashRewards loyalty tokenization solution” .

​

Clubhouse Announcement:

Wednesday, Feb 24 at 15:30 PST on u/joinclubhouse. Join iCashRewards Clubhouse: ! https://www.joinclubhouse.com/event/P9vQgvwY

Youtube announcement:

https://youtu.be/8ymxi5k1Gq4

.

https://finance.yahoo.com/news/roadman-licensee-a3com-announces-world-183000533.html

Crypto : First ever auction of a digital artwork

LITT.VN (ASK @ 0.075)

RMANF (ASK @ 0.0733)

Christie’s auction | The crypto art world is exploding, NFT marketplace Async Art raises over $2M

Businesses are looking for new eyes and ears !

This week the venerable British auction house Christie’s will set a precedent:

It’s conducting the first ever auction of a digital artwork.

And just to spice things up, there’s a crypto component to it all. Read Link here !

A3Com /iCashRewards is discussing “Digital Crypto Art NFTs, Bitcoin Wallet sponsored by the world-renowned artist Caojun ” and “ iCashRewards loyalty tokenization solution” .

​

Clubhouse Announcement:

Wednesday, Feb 24 at 15:30 PST on u/joinclubhouse. Join iCashRewards Clubhouse: ! https://www.joinclubhouse.com/event/P9vQgvwY

Youtube announcement:

https://youtu.be/8ymxi5k1Gq4

.

https://finance.yahoo.com/news/roadman-licensee-a3com-announces-world-183000533.html

Crypto : First ever auction of a digital artwork

RMANF (ASK @ 0.0733)

Christie’s auction | The crypto art world is exploding, NFT marketplace Async Art raises over $2M

Businesses are looking for new eyes and ears !

This week the venerable British auction house Christie’s will set a precedent:

It’s conducting the first ever auction of a digital artwork.

And just to spice things up, there’s a crypto component to it all. Read Link here !

A3Com /iCashRewards is discussing “Digital Crypto Art NFTs, Bitcoin Wallet sponsored by the world-renowned artist Caojun ” and “ iCashRewards loyalty tokenization solution” .

​

Clubhouse Announcement:

Wednesday, Feb 24 at 15:30 PST on u/joinclubhouse. Join iCashRewards Clubhouse: ! https://www.joinclubhouse.com/event/P9vQgvwY

Youtube announcement:

https://youtu.be/8ymxi5k1Gq4

.

https://finance.yahoo.com/news/roadman-licensee-a3com-announces-world-183000533.html

MicroStrategy Buys ADDITIONAL $1 Billion Worth of Bitcoin

TYSONS CORNER, Va.--(Business Wire)--MicroStrategy® Incorporated (Nasdaq: MSTR) (the “Company”), the largest independent publicly-traded business intelligence company, today announced that it had purchased an additional approximately 19,452 bitcoins for approximately $1.026 billion in cash at an average price of approximately $52,765 per bitcoin, inclusive of fees and expenses. As of February 24, 2021, the Company holds an aggregate of approximately 90,531 bitcoins, which were acquired at an aggregate purchase price of approximately $2.171 billion and an average purchase price of approximately $23,985 per bitcoin, inclusive of fees and expenses.

“The Company remains focused on our two corporate strategies of growing our enterprise analytics software business and acquiring and holding bitcoin,” said Michael J. Saylor, CEO, MicroStrategy Incorporated. “The company now holds over 90,000 bitcoins, reaffirming our belief that bitcoin, as the world’s most widely-adopted cryptocurrency, can serve as a dependable store of value. We will continue to pursue our strategy of acquiring bitcoin with excess cash and we may from time to time, subject to market conditions, issue debt or equity securities in capital raising transactions with the objective of using the proceeds to purchase additional bitcoin.”

“MicroStrategy remains dedicated to our enterprise analytics customers and our goal of operating a growing profitable business intelligence company,” said Phong Le, President & CFO, MicroStrategy Incorporated. “We believe our bitcoin strategy, including our bitcoin holdings and related activities in support of the bitcoin network, is complementary to our software business, by enhancing awareness of our brand and providing opportunities to secure new customers.”

About MicroStrategy Incorporated

MicroStrategy (Nasdaq: MSTR) is the largest independent publicly-traded business intelligence company, with the leading enterprise analytics platform. Our vision is to enable Intelligence Everywhere™ MicroStrategy provides modern analytics on an open, comprehensive enterprise platform used by many of the world’s most admired brands in the Fortune Global 500. Optimized for cloud and on-premises deployments, the platform features HyperIntelligence, a breakthrough technology that overlays actionable enterprise data on popular business applications to help users make smarter, faster decisions.

MicroStrategy, HyperIntelligence, and Intelligence Everywhere are either trademarks or registered trademarks of MicroStrategy Incorporated in the United States and certain other countries. Other product and company names mentioned herein may be the trademarks of their respective owners.

Forward-Looking Statements

This press release includes statements that may constitute “forward-looking statements,” including estimates of future business prospects and financial results, expectations as to future returns on bitcoin, the future value of bitcoin, and the characteristics and utility of bitcoin in future periods, and statements containing the words “believe,” “estimate,” “project,” “expect,” or similar expressions. Forward-looking statements inherently involve risks and uncertainties that could cause actual results of MicroStrategy Incorporated and its subsidiaries (collectively, “MicroStrategy”) to differ materially from the forward-looking statements. Factors that could contribute to such differences include: the historical price volatility of bitcoin; uncertainty regarding the regulatory treatment of bitcoin under various securities, commodities, and other regulatory regimes; the potential for fluctuations in the price of bitcoin to significantly influence the market price of our class A common stock; our ability to generate sufficient amounts of cash to service our substantial debt; the potential for significant impairment charges to MicroStrategy’s earnings in the event of a decrease in the price of bitcoin and resulting volatility in MicroStrategy’s reported assets and earnings; the potential for security breaches or other cyberattacks that could result in a partial or total loss of MicroStrategy’s bitcoin assets; and other risks detailed in MicroStrategy’s periodic reports filed with the Securities and Exchange Commission. The forward-looking statements contained in this press release speak only as of the date hereof, and MicroStrategy undertakes no obligation to update these forward-looking statements for revisions or changes after the date of this release.

NEXT.Chain, the Next DeFi Powerhouse to Host Its Liquidity Sale Event From the 24th of February – Press release Bitcoin News

https://news.bitcoin.com/next-chain-the-next-defi-powerhouse-to-host-its-liquidity-sale-event-from-the-24th-of-february/

NEXT.Chain, the Next DeFi Powerhouse to Host Its Liquidity Sale Event From the 24th of February – Press release Bitcoin News

https://news.bitcoin.com/next-chain-the-next-defi-powerhouse-to-host-its-liquidity-sale-event-from-the-24th-of-february/

NEXT.Chain, the Next DeFi Powerhouse to Host Its Liquidity Sale Event From the 24th of February – Press release Bitcoin News

https://news.bitcoin.com/next-chain-the-next-defi-powerhouse-to-host-its-liquidity-sale-event-from-the-24th-of-february/

What is Bitcoin Cash ABC and How to Claim It?

What is Bitcoin Cash ABC:

Bitcoin cash is a cryptocurrency that was created in August 2017, during the recent Bitcoin Cash chain split, from a fork of Bitcoin. It is the result of a Bitcoin hard fork.

Bitcoin Cash has increased the large block size, comparing to Bitcoin that allows more transactions to be processed, and improving scalability.

Bitcoin Cash ABC is referred to as Bitcoin Cash now.

How does it work?

It isn't basic to comprehend the complex fundamental innovation associated with Bitcoin in detail. For new users, Bitcoin is just a versatile application or PC program that gives individual Bitcoin addresses and permits a client to send and get bitcoins with them. This is the way Bitcoin works for most clients. In the background, the Bitcoin network shares a public record called the "blockchain".

📷

The realness of every exchange is secured by advanced marks that relate to the transportation addresses, so all clients have full authority over the sending of bitcoins from their Bitcoin addresses. Anybody can deal with exchanges utilizing the processing force of specific equipment and procure a prize in bitcoins for this assistance. This is frequently alluded to as "mining".

How to Split BCH / BCHA:

Splitting is just essential if you had a positive BCH balance on November fifteenth, 2020. On the off chance that you got either BCH or BCHA after that date, they are undoubtedly effectively part.

1.Receive another store into your BCH wallet of BCH that is as of now split. Any worth will work, regardless of how little. The most straightforward route is to get BCH from a trade. If you are clearing unsplit BCH from a paper wallet, you should in any case get part BCH from elsewhere before moving to stage 2.

2.After the exchange from (1) is affirmed, open the BCH wallet and duplicate your present BCH "get" address.

3.On that equivalent BCH wallet, go to the "send" area and send your full BCH equilibrium to it.

4.This ought to be sufficient for your coins to be part. This cycle just must be done once. After your coins are part, they are part everlastingly, and further stores you get will likewise in all likelihood as of now be part.

How to claim Bitcoin ABC:

On the off chance that you were in control of Bitcoin tokens before August 2017 when the Bitcoin Cash hard fork occurred, you are qualified to get a similar measure of tokens in BTH. The strategies for asserting your free Bitcoin Cash tokens will differ contingent upon the sort of wallet you use.

In case you're utilizing a full hub wallet, is a wallet that expects you to download the whole Blockchain you should simply back it up into a wallet. Whenever it's done, essentially import it into a full hub Bitcoin Cash wallet, like Bitcoin ABC, where your BCH tokens will be accessible to you.

How to get Bitcoin Cash Fork:

If you’re registered with a cryptocurrency exchange that supports Bitcoin Cash, it will automatically provide a wallet for you. It is the safety of your tokens and recommended to you to store them in a different wallet. Before start trading or mining Bitcoin Cash, you need to store it in a wallet. This is because trades that give wallet benefits are in control of your private keys and, likewise, your assets.

Also, there have been a ton of occurrences of trades getting hacked and losing their clients' assets without having the option to repay them, and even just closing down and fleeing with the clients' cash.

The Bitcoin Cash organization, a consequence of a hard fork from Bitcoin, has part into two new blockchains, once more. At press time, Bitcoin Cash ABC (BCH ABC) has gotten no hash power, implying that it is conceivable Bitcoin Cash Node (BCHN) will turn into the prevailing programming of the Bitcoin Cash organization, as indicated by information from Coin.

November 2020 BCH Hard Fork:

The Bitcoin Cash (BCH) network hard forks as a component of planned convention updates. The following BCH hard fork is booked for Nov 15, 2020.

Not at all like past BCH hard forks, there is a contending suggestion that isn't viable with this distributed guide Coin base will run BCHN hubs and expects that it will be the prevailing chain post-fork. Coinable won't uphold the withdrawals of BCH ABC after the overhaul.

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Coinbase will screen the hard fork cycle and work to limit client disturbance until the organization fulfills Coinbase security guidelines. Kindly be certain all BCH sends and gets are finished preceding that time. During the delay, your BCH will remain got in your Coinbase account. Coinbase can't anticipate the term of this overhaul interaction. When the update is finished, we'll assess the organization and make the suitable next strides, including re-empowering sends and gets.

Note: Any BCH ABC sent after the fork will be treated as an unsupported resource and in this way irretrievable.

Bitcoin Cash likewise does not have a characterized administration convention. While other cryptographic forms of money, like Dash and VeChain, have improved and laid out itemized administration conventions that allot casting ballot rights, the turn of events, and plan of Bitcoin Cash appear to be incorporated with its advancement teams 16. As such, it is muddled with financial backers without considerable property of the digital currency have cast a ballot right or a say in the cryptographic money future bearing.

How to invest in Bitcoin?

One of the biggest advantages of investing in digital currencies is the possibility of trading in 24/7 system, which allows to monitor the market at any moment. Bitcoin is ideal for speculation and investment, because of its great popularity. Investors of the digital currency should follow the changes in the law, political and economic events, and technology achievements worldwide - they have a large influence on the Bitcoin value. The most profitable means of investing in Bitcoin is investing with top cryptocurrency companies, Cce-Asia.com is a highly recommended company for that. With a minimum of $50 you can start up investing in cryptocurrencies with cce-Asia.com.

GET protocol puts an end to ticket scalping and more - in my opinion the most undervalued crypto project

Website: https://get-protocol.io
Artists who use GET
GET explainer video
Tradeable on: https://uniswap.info/token/0x8a854288a5976036a725879164ca3e91d30c6a1b

In my humble opinion GET protocol is the most undervalued crypto project when it comes to fundamentals, adoption, tokenomics and potential. Let me explain why:

GET protocol solves an enormous problem: ticket scalping

I think we're all tired of the practices in the ticketing space: bots buy up tickets instantly and then resell them 2x, 5x, 10x or even more the original ticket price. Fans lose, artists lose, venues lose, ... while the money ends up in the pocket of scalpers who don't add any value to the process.

The secondary ticketing market is worth $15 billion. How long will fans have to pay?

GET protocol elminates ticket scalping by linking the ticket to your mobile phone. This means that at entry to a concert, sports game, ... you are only permitted entry with your mobile phone.

They have sold over 600k tickets and not one was "scalped"

An example is famous Dutch artist Jochem Myjer who uses GET protocol integrator GUTS tickets:

https://twitter.com/jochemmyjer/status/1118589335060848641

“Weird how some venues still don’t get how great GUTS is. And are afraid of change. It’s easier for the audience. For artists there is no more reselling. And maaaany other advantages. #GoWithTheTimes”

The ticketing space is one where no one trusts another in terms of how many tickets were issued, what the original price was, ... It has been proven that even Ticketmaster themselves are involved in the scalping business. That's why blockchain is vital in all of this. The tickets are all registered on the blockchain as a mean of transparency and accountability. This means that fans can check ticket authenticity whenever they want and make sure that they aren't being taken for a ride.

Besides scalping it offers many more advantages to integrators:

• Interaction with the ticket holders
• Extra marketing tools
• Data collection
• Dynamic price setting
• Merging of the primary and secondary market
• ...

GET protocol has a lot of adoption

As stated above, GUTS has sold 600k tickets using GET protocol. In the meanwhile more ticketing companies have started using it:

GUTS

Runs fully on the GET protocol and has sold over 600.000 tickets. Has grown into the biggest ticketeer in the Netherlands.
https://guts.tickets

ITIX

Established in 2009 and sells 2 million tickets/year. Is fully integrated in the GET protocol and will start selling GET-fueled tickets soon.
https://www.itix.nl

getTicket

A new ticketing company in South Korea that will run fully on the GET protocol. They already have deals with kpop stars to sell tickets for.
http://getticket.kr

TecTix

A Germany based ticketing company that will sell GET fueled tickets with a focus on the sports industry.
https://tec-tix.com

Wicket

The last to join is an Italian ticketing company. Despite being new they have already ticketed the Milano Wine festival in 2020 and will do so in 2021 as well. In 2019 this festival atracted more than 300.000 visitors.
https://www.wicketevents.com

Integrating an existing ticketing company is a low investment move (only the GET token is needed) that offers traditional ticketing companies several benefits. With the whitelabel that has just been released, which makes it easy for any ticketing company to start using GET, I expect many ticketing companies to integrate and GET to scale quickly.

Here are the requests they had received by end of 2019:

https://miro.medium.com/max/700/1*qeaWLY0t8M_8PwFrpU1ojg.jpeg

GET tokenomics

The GET tokenomics are built so that for every ticket issued 0,28€ (or 0,34$) worth of GET is needed by the ticketeers. They buy most of this from exchanges and a minority they get subsidized from the User Grotwh Fund. In 2020 around 70% was bought directly from exchanges.

In 2020 ticketing volume in general was down like 90–99% due to corona. Yet GET managed to sell over 236k tickets. Or an increase of 27% compared to 2019.

This is a major indicator of their usecase being needed: despite covid19 they grew a lot and conquered a lot of marketshare from traditional ticketeers.

Tokenomics to push the price

If GUTS was able to sell 236k tickets in a year where ticketing volume is down at least 90% then I think it’s safe to assume that they’ll sell over 3 million tickets/year once everything is allowed again.

Add the new ticketing companies that integrated GET recently (getticket in Korea, Wicket Events in Italy and Tectix in Germany) and you’ll understand that we’ll be seeing millions of tickets processed by the GET protocol.

I’m willing to bet that we’ll see at least 5 million tickets in 2022:

5 million \ 0,28 * 0,7 = €980.000 in buybacks or around 1,2 million $*

You can imagine what buybacks of 100k $ each month will do to such a smallcap, especialy considering that all this bought GET is burned after usage.

If the price would remain stable we’d see 5 million GET burned, or 25% of the entire supply (SF of 13 million will be burned soon anyway as it isn’t used so I don’t consider that as supply).

Of course the price will not remain stable as with such an increase in buybacks & burns, GET will be recognised as truely deflationary through real world usage.

NFT tickets that will revolutionise ticketing

As of this month all tickets issued by the GET protocol will become NFT’s

Over 60.000 sold tickets (that haven’t ben scanned yet for the event) will be minted as NFT’s this month. This means that tickets, after scanning can become collectables. But so much more:

Here's my take on why GET protocol's smart and blockchain registered tickets becoming NFT's will revolutionize the ticketing industry.

After the DeFi hype we’ve witnessed last year, the next hype in crypto that seems to be developing are NFT’s. In this case it isn’t about riding the hype. Tickets being NFT’s on the blockchain really makes sense and it will change ticketing as we know it. Let me explain…

So what’s a NFT exactly? NFT stands for non fungible token. This is a token that’s unique on the blockchain and not mutually interchangeable. This in contrast to for example Bitcoin where it doesn’t matter which Bitcoin you have (1 BTC = 1 BTC). Every ticket issued by the GET protocol will become a getNFT.

Image explaining GET NFT's

getNFTs are indivisible, meaning that a getNFT can only be held by 1 address at the same time. This ensures that whoever owns a certain NFT will be the only one to decrypt the QR code.

Eventhough GET’s NFT’s will be the most used, bought & traded NFT’s in the crypto space the goal isn’t to ride the hype. Ticketing + NFT = a match made in heaven. And here’s why:

As every ticket on the blockchain will become a NFT and thus unqiue, it will allow non custodial ownership of the ticket asset. This gives many interesting advantages but 2 stand out for me personally: P2P ticket trading & DeFi event financing.

P2P ticket trading
NFT’s will allow P2P ticket trading and GET’s almost done building it! Peer to peer ticket trading means that everyone who owns a getNFT ticket will be able to trade it with another “peer”. This will happen in a closed and regulated ecosystem. This means that certain rules can be set by the event organizer. For example:

• The ticket can be sold for only x% profit
• x% of the trade profit goes to the event organizer
• a certain trading fee goes to the event organizer
• …

This will be the first and only ticketing system that will allow ticket trading while at the same time making scalping impossible. Regulators have been struggling for a long time to solve this problem and what seemed impossible to achieve will be made possible by smart contracts! The impact of this will be huge and will change the ticketing space for the better.Additionally and not unimportantly it will give the event organizer an extra revenue stream. The money that right now for a large part goes to scalpers (the secondary ticket market is worth $15B) will be tapped into by the event organizers.

Why this is important

The advantage for GET holders is twofold:

1. The P2P market will atract more users (artists, venues, ticketing companies) of the GET protocol (= more GET needed in the primary market)
2. every ticket exchanged in the secondary market is an additional statechange (= more GET needed)

Event financing
Without a doubt one of the most promising and exciting things to look forward to in 2021 is the introduction of decentralized event financing to GET Protocol.Event organizers often struggle to get financing for their events. This doesn’t only apply to starting artists, but even to famous stars. The artists need to have a lot of capital in advance as they have to pay for the venues, organisation, … upfront while only receiving the money after the show is over. Enter GET’s DeFi solution!

The pre-financing of events for event-organizers is not a solution looking for a problem; it’s a widely known and used tool that enables event organizers to make the investments needed to get their shows or festivals off the ground.In the past we have encountered Event Organizers who select their ticketing partner solely based on the amount of money and loan conditions that they are offered up front.

Thanks to getNFT tickets you’ll be able to pre-finance events of your choice. You can choose to finance new artists (more risk/more APY) or established kpop stars (less risk/less APY).

This is how it will work:

The technical side of event financing

If the concept seems complicated, here’s what you need to understand about GET’s decentralized financing solution:1.) Event organizers will be able to easily pre-finance their events. (Something they desperately crave.)2.) Investors will be able to invest in events of their choice, at a risk & reward level that they feel comfortable with.3.) The $GET token is an integral part of the financing process, as it is required for ‘skin in the game’ from

The advantage event financing for GET token holders will bring is again twofold:

1. As a GET holder you’ll be able to finance events and share in the profit of the ticket sales. This means that GET will allow you to profit without selling = passive income. An important note is that this is profit without inflation. While other DeFi projects give you returns by increasing the supply (and thus decreasing the value of the token) the returns here will not increase the GET supply, as the returns come from real profit(ticket sales).
2. As the GET token will be an integral part of this process, it will:- increase the buy pressure of the GET token (everyone who wants to participate will need GET)- decrease the supply (everyone who participates will have to locks his GET tokens).

For a deeper insight I recommend the blog below:

https://medium.com/get-protocol/decentralizing-event-financing-liquidity-x-defi-x-nfts-975f028135f5

GET protocol will be decentralised

The endgoal of the GET protocol is to become open source and decentralised. There will be a governance model where changes to the protocol will be determined by GET token holders. That’s why I expect ticketing companies to acquire a lot of GET in time as their revenue relies on the direction of the protocol.

Can't trust Nexo with my funds, withdrew everything of value

I've joined Nexo since 3 months where I've put 4 BTC to earn those juicy interests.

I was really happy as interests were paid in NEXO which greatly appreciated over those 3 months.

Then, the following events arrived, in that order :

• The recent topics about the shit hitting the fan with the Nexo automated ORACLE, which sold users cryptos as ETC tanked to ~700 on Kraken

  • Don't get me started about why they would have sold some users Bitcoins as well ?
  • Why their so-called Oracle relies on only one exchange price to calculate LTV ?
  • This is at this moment I knew something was up and that I couldn't trust them with my money ; withdrew 4 BTC to my cold wallet
  • I did withdrew because I felt that if too many users were impacted, Nexo HAD to buy back those cryptos at spot price, which could really impact their finances
  • Too many users thinking like me could end up in a bank run ; hot wallet would need to be replenished in a time where their operational team is busy dealing with this collateral liquidation mess
  • No visible PR communication on their website nor the platform ; only posts on Telegram and Reddit.

• My withdraw was stuck in the mempool for more than 24 hours ; guess what, Nexo isn't even able to adjust their transaction fee dynamically. As the BTC price tanked in the last days, transaction activity went up as well as the mempool size.

  • I knew this is no big deal ; Nexo always had the choice to RBF or CPFP the transaction and bump the fee ; however I've read on this sub that their ticketing system is overloaded and chat people told other fellows to "wait for the technical team to look into it"
  • I hope they understand that a ~200 000 USD transaction can't be stuck for more than 24 hours without any reassuring process for the user (the 4 BTC disappeared from my account, transaction was only showed as "sent" in the transaction history of Nexo)

• People complaining about the app / website being slow, crashed, interest payment not showing up on time..

• Nexo mods removing my original post ; are pragmatic facts too hurtful to hear ? Your shady tactic only comforted me in my choice to never entrust Nexo with my money.

Maybe in the future, competitors will be under the very same issue. In the mean time, I have a weird feeling of a business ran by amateurs.

This is a very competitive and crowded space. Don't get (trivial) technical issues get in the way or your competitors WILL steal your hard earned market shares !

Here is a screenshot of the original post, which was removed by the mods.

https://preview.redd.it/92fx5rxeaej61.png?width=728&format=png&auto=webp&s=51305aff448cd1467fe9caf8b94251665e310b0d

Top 10 Blockchain Development Companies Edmonton

Although the beginnings of the ‘blockchain’ are linked to the emergence of crypto-currencies like ‘bitcoin’, the truth is that this technology has spread to different economic sectors. Contrary to what some think, blockchain technology is not just a database, but a set of technologies that allow the transfer of value or asset from one place to another, without the intervention of third parties.

In this sense, the ‘blockchain technology‘ proposes a new model in which authenticity is not verified by a third party but by the network of nodes (computers connected to the network) participating in ‘blockchain’. Hence, no transfer of value (be it money or another asset that has some kind of value) is done through an intermediary, but through a consensus, allowing the information to be stored transparently at all times.

How does it work?

As the name implies, ‘blockchain’ is a blockchain, which contains information encoded from a transaction on the network. And, being intertwined (hence the word string), they allow the transfer of data (or value) with a fairly secure coding through the use of cryptography. To illustrate this idea, it would be convenient to imagine an accounting book where all the entries and exits of money are recorded.

What is truly novel is that the transfer does not require a third party to certify the information, but is distributed in multiple independent and equal nodes that examine and validate it without the need for them to know each other. Once entered, the information cannot be deleted, only new information can be added, since the blocks are connected to each other through cryptographic encryption, so modifying data from a block prior to the chain is impossible since it. I would have to modify the information in the previous blocks.

What Applications do you have?

Blockchain technology has transformed processes in different economic, scientific and other fields. In fact, there are platforms that use ‘blockchain’ technology to make the supply chain of the products we eat visible, managing to follow the path that the food travels from when it leaves a crop until it reaches our table.

Electoral processes can also benefit through blockchain technology since the use of decentralized accounting for vote counting can be a good option to overcome the failures of existing audit systems in elections. In Colombia, the possibility of using this type of technology to systematize property titles or to validate studies abroad has already been studied.

How did it come about?

Three elements influenced the emergence and ague of ‘blockchain. The first is the loss of trust since any intermediary between two people occurs due to a lack of trust between the parties involved, who need a third party to perform any transaction or transfer of value. Indeed, Satoshi Nakamoto talks about this aspect, in the ‘Bitcoin White Card’ that would begin the use of cryptocurrencies: the first case – and best known so far – of the use of ‘blockchain’ technology.

Secondly, the birth promoted by the ‘cyberpunks’ was also a relevant event for the birth of ‘blockchain’. Due to the lack of privacy and unsafe communications, in addition to the release of asymmetric encryption thanks to the first widely used encryption software, the movement that defends freedom of expression and resistance to the loss of user privacy was created in the digital age

Finally, considered as the key element of blockchain technology, cryptography helps the shared information, in the aforementioned blockchain, appear in an encrypted format by large computer networks, to protect it more effectively.

Where is Blockchain Technology going?

Now, it is common to hear terms such as smart contracts and ‘DApps’ (decentralized applications), which are constituted as new ways of using the blockchain.

However, the ‘blockchain’ ecosystem continues to be constantly growing, this is what Michael Sim, an expert at Blockchain Academy Edmonton, who attended Open Talks 2019 agrees. “The true potential of blockchain will be seen as progress is being made in the understanding and adoption of this technology,” he said. Without a doubt, as technology continues to grow, it will be interesting to see how new business ideas will lead the way towards more reliable processes.

If you are looking for a glitch free development, try out one of the agencies from our list of top 10 blockchain development companies in Edmonton.

AppStudio

Appstudio is a full service Mobile App Design & Development Company offering services in Native iOS Development (Swift 5.1), Native Android Development (Java and Kotlin), React Native Development, Software Development & Unity Game Development. They have collaborated with Fortune 500 companies, Startups and Mid Sized firms across a spectrum of industries, ranging from Health Care & Finance to On-Demand Services, to create Mobile apps that are actively being used by Millions of users across the globe.

Zazz.io

Zazz is a team of creative designers and developers building great digital products in Seattle and San Francisco. Our collective experience in the technology industry includes mobile app development, IOT application development, blockchain development with a design first approach to product development.

Talentica Software India Pvt. Ltd

Talentica Software is an innovative outsourced product development company that helps startups build their own products.We help technology companies transform their ideas into successful products by partnering in their roadmap from pre-funded startups to a profitable acquisition.

IBM iX

IBM iX is a technologic company bringing innovative and progressive ideas through the use of IBM Design Thinking – not just for design but for the solving of business problems. We build mastery in all the emerging technologies of today in a landscape that is constantly changing. Our difference goes beyond our knowledge of technology, it lies in the application of that technology to solve business problems. We are your global business design partner.

PixelPlex

PixelPlex is an award-winning software development company. With offices across the globe and over 100 carefully vetted specialists on hand, we have successfully served more than 300 businesses of all sizes. We combine backgrounds in blockchain, artificial intelligence, big data, IoT, cybersecurity, and cloud development with cutting-edge web and mobile technologies to create groundbreaking solutions that are used by millions of people around the world.

Aplana Software Services

Aplana Software Services - We were one of the first custom software development companies to transfer a client’s business to the cloud, making it available to thousands of end-users. Today we continue to innovate and pioneer the use of new platforms and tools. Aplana has unique expertise in complex cloud solutions; custom software, mobile, blockchain development; big data analytics.

Look4App

Look4App is a Polish software house that delivers cutting-edge blockchain and web development projects. With a strong fintech background and eye for exceptional design, we are up for your challenge. tomasz.keczkowski@l4a-soft.com

Espeo Software

Espeo Software - Espeo is a digital consultancy with a strong international presence. Born in Finland and headquartered in Poland, we’ve built an international team that values transparent communication, efficiency, and craftsmanship. Our expert team builds and designs custom web and mobile applications to keep our clients on the cutting edge.

ArcTouch

We design lovable apps and develop technology for the connected world. Expertise: mobile & voice apps, blockchain, IoT smart products Services: strategy, UX/UI design, engineering, QA, support

S-PRO

S-PRO provides cross-platform mobile application development and custom software development ranging from analytics and consulting to launch. Serving as a platform for launching new innovative products, S-PRO is an ecosystem player. Our staff are first-class technology geeks, yet we have a unique business-focused approach. We collaborate with customers considering their business goals.

Source: https://www.appstudio.ca/blog/top-10-blockchain-development-companies-edmonton/

Possible Forex scam - help needed

Hi,

I need advice on the possible Forex scam. It all started in early November, when I was contacted by a guy claiming to be the representative of fxmarketsgroup.com. I was skeptical at first, but the guy knew my e-mail address (somehow, I can't remember even visiting that page). Sure, I was interested in investing, but not Forex specifically and I don't leave my e-mail addresses hanging anywhere.

So the guy kept calling and informing me about a multitude of financial events that can be invested in, and experiences that he had with other clients. I got convinced, and I agreed to this. He said I can invest in different kind of instruments, currency pairs, gold etc - all of which was totally new for me, but the webpage looked convincing.

He then ordered me to put up the account on their page and make a deposit. Not long after, I was contacted by another guy, the "platform manager" who was assigned to my account. He showed me how to use the platform, though this was really just provisional as he only told me how to open positions and close them, and how to (more or less) read the diagrams, no word about anything else, and there is much, much more to these trading platforms than that, such as "take gain" or "cut losses".

The deposit was in BitCoin (which I didn't understand because the webpage had a deposit interface) and then they just transfered the amount I paid for that small bit of BitCoin in EUR to my trading account, which was not demo, but... Live!

Obviously, I was so overwhelmed I didn't see the problem. It was only after the things started to go wrong (notably, I had considerable losses on my positions) that I started to question everything. The guy said I have to invest more to improve the security level of the account, or else it will close if it drops below 30% - and it could, because their campany would give you credit resources that you could use as a reward, but if they decided an account was dangerous, they could withdraw it and you would be left with nothing, basically.

Since I wanted to benefit from this and doubled the amount I invested, I invested another 1000 EUR. Only to be told by that guy that it was not enough and I have to invest another 1000. I turned off my phone and managed the account myself, managing the resources and ultimately saving the entirety of the account.

Then I turned the phone back on only to be contacted by that furious platform manager who said I'm unprofessional and etc. I came up with trading strategy and I followed it strictly, until the guy recommended me three disastrous positions which led me to ruin and made me lose almost everything. He said, obviously, that the way out of this is more deposit, and more account security. I didn't have that money, so I decided to cut losses. The guy shouted at me that I shouldn't have decided to invest if I didn't have means to protect what I earned, to which I said the person that engaged me into this knew that and they didn't have a problem with that. After I stated firmly I will not deposit, the guy calmed down and told me to wait few days, because maybe the situation turns around. In the end, the situation was bad enough I closed all these lossy positions and requested the withdrawal of what was left, which was not much, but still, I had the right to it.

Yesterday though, another guy contacted me and said I qualify for the guarantee fund, but there were two conditions - I have to pay 1100 EUR more and make 8 small transactions on "safe markets". Apparently this is supposed to be an anti-money laundering practice, that's what he said. To a question why I can't withdraw what was left, he didn't respond clearly. Only babbling something about fines that could be put on them by European Union and that I might be persecuted for that too, even though it was me who suffered losses. The guy babbled something which sounded like I have to lose everything I invested for them to be clear! Then he said I made a mistake investing into currency pairs and I should have headed into companies instead. In general, they all made it look like everything that occured was my fault.

Then I started to search for advice, because I started to have serious doubts, and then noticed that all this is very common for the scam.

So what should I do? Should I fight for what was left? How should I communicate with these bastards?

I should also mention they call from multiple numbers from different countries, and google does not index them. They also appeared on ForexRev website as fake broker.

All advices and opinions pretty much welcome. I am sick to death dealing with them :(

Can't trust Nexo with my funds, withdrew everything of value

I've joined Nexo since 3 months where I've put 4 BTC to earn those juicy interests.

I was really happy as interests were paid in NEXO which greatly appreciated over those 3 months.

The, the following events arrived, in that order :

• The recent topics about the shit hitting the fan with the Nexo automated ORACLE, which sold users cryptos as ETC tanked to ~700 on Kraken
  • Don't get me started about why they would have sold some users Bitcoins as well ?
  • Why their so-called Oracle relies on only one exchange price to calculate LTV ?
  • This is at this moment I knew something was up and that I couldn't trust them with my money ; withdrew 4 BTC to my cold wallet
  • I did withdrew because I felt that if too many users were impacted, Nexo HAD to buy back those cryptos at spot price, which could really impact their finances
  • Too many users thinking like me could end up in a bank run ; hot wallet would need to be replenished in a time where their operational team is busy dealing with this collateral liquidation mess
  • No visible PR communication on their website nor the platform ; only posts on Telegram and Reddit.
• My withdraw was stuck in the mempool for more than 24 hours ; guess what, Nexo isn't even able to adjust their transaction fee dynamically. As the BTC price tanked in the last days, transaction activity went up as well as the mempool size.
  • I knew this is no big deal ; Nexo always had the choice to RBF or CPFP the transaction and bump the fee ; however I've read on this sub that their ticketing system is overloaded and chat people told other fellows to "wait for the technical team to look into it"
• People complaining about the app / website being slow, crashed

Maybe in the future, competitors will be under the very same issue. In the mean time, I have a weird feeling of a business ran by amateurs.

This is a very competitive and crowded space. Don't get (trivial) technical issues get in the way or your competitors WILL steal your hard earned market shares !