Lead Of Binance Labs, Ella Zhang, Believes "Bubble Burst ...

TomoChain AMA with DAppBird: Public blockchain applications for businesses.

TomoChain AMA with DAppBird: Public blockchain applications for businesses.

https://preview.redd.it/a07hgl4am5t41.png?width=690&format=png&auto=webp&s=df718220bddfbeb6e3790328177769859df08874
Hi everyone. Pleased to be here! Thank you for taking your time to join me.
I’m the Chief Business Development Officer for TomoChain.
Educationally I graduated university with degrees in both Industrial Engineering and Economics from Georgia Tech, and later earned an MBA from the Wharton School of Business.
I grew up as a gaming addict and have a video game collection that is a bit unwieldy. Dozens of consoles and, at one point, over 13 classic arcade machines.
So, before crypto, I spent much of my profession in the gaming space. I was a Game Designer, Game Producer, and eventually Studio Head for a major games studio that was recently purchased by Rockstar Games. I have run my own game-related tech businesses as well.
I fell into crypto back in 2014, and over time it became a second passion of mine as I began to truly understand the value of decentralization. True ownership of data was not possible until Bitcoin came along and that is simply a powerful and game-changing message to a world structure built on an opposing foundation.
Brief Introduction

https://preview.redd.it/8p7jm15ul5t41.png?width=739&format=png&auto=webp&s=8b572bdee2c56ffa29a1d628dda7332fac0fac50
TomoChain is a Public Blockchain powered by Proof-of-Stake Voting. TomoChain launched into Mainnet 1 year ago in December 2018. It is secured by 150 Masternodes, of which I’m proud to be an operator myself. TomoChain is EVM Compatible and runs at a speedy 2000 TPS with a 2 Sec Blocktime. Gas fees are almost zero too.
Based out of Vietnam, TomoChain is Southeast Asia’s largest public blockchain. We are focusing on developing a full suite of DeFi products. We also have commercial and enterprise clients. TomoChain has a number of major crypto-partnerships including notables like Neo Blockchain, Chainlink and Crypto.com. Our Masternode network is run by some of the most recognizable players in the space as well, including Neo Global Capital, CoinGecko, HashQuark, KuCoin, and more large players are on the way.
TomoChain earned its place onto Binance.com with a fee-free listing last year by winning the BinanceDEX community vote in August 2019. Binance has written us up in a detailed Binance Research Report and awarded us the V-Label. We have also been in a number of their reports, including those related to Dapps and DeFi. We have been interviewed by Forbes.com official and had an in-person interview at NASDAQ, in the heart of Times Square, about TomoChain and our upcoming TomoX Protocol.
In China, specifically, we have been integrated into and have solid relationships with various blockchain players including HashQuark, HashKey, CoboWallet, Conflux, and many others. We launched an Ecosystem Development partnership with Neo Blockchain last December and co-hosted a meetup + workshop with them as well.

https://preview.redd.it/anszszoxl5t41.png?width=733&format=png&auto=webp&s=1b8930c8c3df9357109d49f67f1a35edd6f803d0
GEARED FOR REAL WORLD USE
Now, let’s talk about how TomoChain has been built for real-world use.
We’re looking at Payments & DeFi as low hanging fruit when it comes to user adoption and TomoChain is developing a suite of tools to support this. The biggest challenge for having users benefit from Blockchain on a day-to-day basis is how much friction is involved to acquire, store and use it. Even stable coins are dual currency systems. The Stablecoin and then the Native Token to pay gas fees. Blockchain is simply not user-friendly.
Our view is that the true solution for Blockchain adoption by the world is end-users shouldn’t need to know they are using blockchain technology at all. It should be a hidden technology layer, similar to payment processor settlements or even the internet distribution centers/routers that power this very AMA we’re all participating in right now. Do we need to know the underlying technology infrastructure to use them? Nope.
We are developing a system to hide this friction, so the TomoChain blockchain can be integrated into real-world applications that you use every day on mobile or web.
There are 3 protocols that we are building to enable this future: (1) TomoZ: Zero Friction (2) TomoX: The DEX Protocol (3) TomoP: The Privacy Suite.

https://preview.redd.it/irwduto4m5t41.png?width=741&format=png&auto=webp&s=56e21c8e56b86af197344d7a043d073456c53181
TomoZ: Zero Friction - Our TomoZ protocol is a core starting point to the solution for mass market use of blockchain technology. TomoZ: Zero Friction allows for token issuance and use by having gas fees paid by the token itself. That means you don’t need TOMO to send transactions. You don’t even need to know you’re using the TomoChain blockchain.
So you could buy a cup of coffee at a café using loyalty points that are TomoZ tokens. The customers redeem for their coffee or earn it, but they don’t even have to know it’s a blockchain token which they actually own.
This approach is structured to enable the next million-plus users to utilize blockchain as a technology layer. After all, the real value of any Blockchain is in its utilization of high-quality transactions.
Now, TomoZ transactions aren’t FREE. It actually does use TOMO, but that’s hidden from the end-user. The way it works is that the token issuer deposits a small amount of TOMO into a pool. Every time the token is sent, TOMO is taken from this pool to pay the Masternodes.
The key is that the end-user doesn’t need to get involved with internal workings, which is why we call it the Zero Friction protocol
Now let’s talk about TomoX: The DEX Protocol
TomoX is an upcoming DEX Protocol that allows anyone to launch their on permissionless Decentralized Exchange in minutes. It requires very little technical knowledge making it a near turn-key solution.
TomoX is the fastest DEX experience since it’s a Layer 1 protocol. This means it’s run and secured by the entire TomoChain network. Our Masternodes manage the DEX instructions directly, rather than other DEXs that operate as a Layer 2 protocol. What this means is TomoX DEXs will operate at about 50x faster than a typical 0x exchange. That significantly improves the end-user experience.
TomoX DEX operators have access to a shared liquidity pool across all DEXs. That means a user buying on one DEX can be matched with a user selling on another DEX. Of course, Operators can customize and choose which tokens to include.
TomoX is fully decentralized since the Order Book is on-chain. Many other semi-decentralized exchanges store the OB on a centralized service in order to speed up the execution. That means there is a centralized point of weakness for them. TomoX minimizes custody and security challenges that centralized exchanges have too since all users are always in possession of their assets.
TomoX is currently in testnet and you can checkout TomoChain’s own DEX, aptly called TomoDEX, here: https://dex.testnet.tomochain.com/
Here is a link to get some free Testnet TOMO that can be used on the testnet version of TomoDEX: https://faucet.testnet.tomochain.com/
And finally, there is TomoP: Privacy Suite - TomoP is currently in testnet and is going to be the FASTEST way to send tokens privately. 2-4 seconds fast!
Any token issued on TomoChain will be able to utilize TomoP to send privately and anonymously. And that’s not all. We are including access to wrapped BTC, ETH, USDT, and other tokens that can also utilize the blazing speed and privacy that TomoP will offer.
Dapp privacy is a major part of TomoP. It is going to allow for the creation of Dapps to be built to handle customer data with true privacy, including from the Dapp operators themselves. This can jumpstart a new wave of applications geared towards hiding user information, transactions, assets owned, etc.
We are issuing a new token standard (TRC21p) which will be purely private. The only data available will be on its token supply. Token issuers can optionally provide auditing access to enforcement authorities to meet regulatory compliance. What this means is if the next Global PayPal/Skrill/Alipay competitor can build their service right on TomoChain and meet the most basic criteria required to stay above board in many jurisdictions.
If you guys want to check TomoP on testnet go here and login: https://wallet.testnet.tomochain.com/
Get some free Testnet TOMO that can be used with the TomoP testnet: https://faucet.testnet.tomochain.com/
Questions from the host
1. It’s been stated that TomoChain was on track to be a cash flow positive business, is it currently cash flow positive? What services or products is it offering to bring in this revenue?
Yes, absolutely. Our plan is to be cash flow positive this year. This really goes back to the level of experience our executive team has. Everyone is seasoned, having come from different fields, in big business and startups. Before the crazy boom of ICOs and IEOs, raising funding for traditional startups required considerable proof that there was market fit, that there were actual customers to drive revenue, and a model for growth.
We knew that TomoChain’s funds raised during the ICO were for a space that has yet to prove itself so the company had to be smart in budgeting for an uncertain future. And part of that initial preparation was selling much of the ICO proceeds into fiat. Something MANY blockchain startups did not do, largely due to ambitious teams that are also headed by very inexperienced leaders. So while the bubble burst, we had capital to continue operations and to even scale it.
And, we ARE running a business. A sustainable business requires us to identifying areas to generate income in order to minimize risk and to sustain the business in the long term. So we do both consulting and services work by helping clients to develop wallets, launch tokens (Orbyt), build exchanges (AIS), and of course enterprise solutions on the blockchain of which we have clients based out of Japan and in the Middle East using blockchain for traceability solutions across various industries from automotive, healthcare, and food.
2. What is the most strategical step TOMO is doing to bring adoption of TOMO coin to our daily lives?
Empowering businesses with a truly scalable blockchain that can be used by thousands and millions of users. We see user adoption of blockchain coming from businesses that base their solutions on blockchain technology. And, TomoChain has a number of real income-generating companies that have built on us, from exchanges to payment services to enterprise clients. Not bad for 1 year I say, especially during a stagnant market. Here are some examples.
UcarPac – A Top 10 User Car company in Japan is building traceability solutions on the blockchain. We completed a POC at the end of last year. After the assessment, the client decided it was solid and commissioned Phase 2 to expand the development of the project for commercialization purposes
Triip Protocol – Triip is a destination service for travelers to book vacations powered by Blockchain. Triip is a Shark Tank Vietnam alumnus, and the first ICO on TomoChain. Users can book tours and staycations using Triip or TOMO tokens.
WisePass – A service that sells subscription services to get discounted Starbucks, Singha Beer, and even makeup (of all things) integrated TomoChain as a payment solution
“Undisclosed Vendor” – Soon to be announced, a large player in the corporate gift giving business is also launching a Dapp on TomoChain to allow for them to make purchases with TOMO across thousands of items.
Maka - A peer-to-peer marketplace to conveniently buy/sell TOMO and other blockchain tokens using standard payment gateways, including e-wallets and bank transfers.
Coin98 – A local Vietnam crypto media company launched an App to allow for their community to earn their TomoChain token called C98 and use it for products and services geared around investors and gamers. The reception has been HUGE. 95,000 users and generating 500K+ transactions on our blockchain within 3 months of their launch! They are proving that innovative new business models can be adopted relying on and being blockchain specific.

https://preview.redd.it/mlol3zl6m5t41.png?width=759&format=png&auto=webp&s=4a516404ed6a15de0e56fd08ed1e354a53c4191e
3. Do you have any plans to collaborate with developers or attract more Dapps built on TomoChain?
We are today. Our founders run the largest Blockchain Developer community in Vietnam and we work with a number of them to help develop solutions on the blockchain.
Our team has held Hackathons a few times over the last couple years and we have done developer workshops too, including one with Neo Blockchain. And this year we are working closely with educational institutions to launch blockchain courses in Vietnam.
Every Dapp developer we work with is a partner. We try to provide as much support as possible, both technical and marketing. A number of Dapps are games on TomoChain and we hold contests regularly to promote the developers and their titles.
Since we are focusing on alleviating the friction of blockchain technology, we are building out an API that will make it even easier for developers to integrate blockchain into standard applications. This is intended to allow standard non-blockchain application developers to operate in an environment they are accustomed to while also having the benefit of blockchain technology accessible.
Onboarding more developers will take time. However, I’m confident we’re on the cusp of something wonderful in the coming years that will change the relationship between users and applications enabled by blockchain. Entirely new economic structures can be set up since it’ll be the users owning all of their data for the first time in digital history. And true ownership is a powerful motivator that can be harnessed by innovative blockchain businesses.
submitted by alexngn201 to Tomochain [link] [comments]

SWISSBORG´S DAILY INSIDER - WEEK 23

DON'T MISS OUT ON THE NEWS!

https://preview.redd.it/lxjzqc7lxx111.png?width=1000&format=png&auto=webp&s=6add4c8a95d1b8973aecb44b67efc3d829f1c5df

Want to stay updated on the most current news, market trends, and analysis? Subscribe to our daily SwissBorg Insider!

Friday, 8 June 2018

New Physically-Backed Bitcoin ETF Proposal Filed with SEC | NewsBTC A Bitcoin ETF has long been talked about but never got past the U.S. SEC. However, two firms might have come up with a solution.
'Just Beware' Is All Jamie Dimon Will Say About Bitcoin - CoinDesk Jamie Dimon once called bitcoin a fraud – now he's saying "just beware."
Japan Blasts Crypto Exchange Execs in First-Ever License Rejection - CoinDesk Japan's financial regulator has formally issued its first denial to a business registration application filed by cryptocurrency exchange FSHO. → Mining Giant Bitmain’s CEO Wu ‘Open’ to Hong Kong IPO, Report Says The CEO of Bitcoin mining tech giant Bitmain has appeared to confirm he would be interested in conducting an IPO for the company in future.
Daily Performances
General Comment: Calm before the storm? The broad market continues to drift sideways in thin volumes, and with trading ranges narrowing by the day. Volatility has all but disappeared, but most likely only for the short term. Technicals indicate that a breakout is likely within the next several weeks, probably triggered by external factors ensued by a big gap move as participants try to capture the movement in a vacuum.
https://preview.redd.it/iw1qmpnzqx211.png?width=909&format=png&auto=webp&s=f8b2d5e9bd1d258e899c1e48e6dde1c6d63e5836
Technical Analysis - BTC
Bitcoin price moved higher and broke a major resistance near $7,650 against the US Dollar. The pair may correct a few points in the short term, but dips remain supported around $7,600. BTC/USD remains buy on dips near the $7,600 and $7,500 support levels.
https://preview.redd.it/m730hni2rx211.png?width=1344&format=png&auto=webp&s=637c208b5d6d11c39e72cde01d63171a53dd2a7d
---------------------------------------------------------------------------------------

Thursday, 7 June 2018

Bitcoin in Brief Wednesday: German Banks Trade Cryptos, US Universities Invest in Crypto Hedge FundsAt least six German financial institutions are involved in cryptocurrency trading.
Coinbase Acquires Financial Services Firm to Become SEC-Regulated Broker DealerThe acquisition of securities dealer Keystone Capital Corp will allow Coinbase to become a fully regulated broker dealer by the US Securities and Exchange Commission (SEC).
Susquehanna Is Opening Crypto Trading, Starting with BTC FuturesSusquehanna International Group is opening cryptocurrency trading to its clients, initially in the form of Bitcoin (BTC) futures, the New York Times reported June 5.→ Why Does Blockchain Makes More Sense After GDPRWhile there could be some initial hiccups about complete compliance with GDPR, technology like blockchain offers a bright spot on the horizon.
Daily Performances
General Comment: The market continues to trade sideways in thin volumes, with BTC trading right around the 20DMA level. Technicals show a narrowing uppelower band (BTC USD7'000/9'000) that indicates a breakout in the near future, and when it does the the low volume/low volatility environment could change drastically at least for a short while.
https://preview.redd.it/iu8spgnwgk211.png?width=907&format=png&auto=webp&s=8706108c4dd87265a517ec9039cb5eef329d2bf7
Technical Analysis - BTC
BTCUSD is locked in the 7'700-7'000 range, if it manages to break above 7'700 we would expect to test 8600, if it breaks 7'000 we expect an important fall to below 6'000
https://preview.redd.it/btss3i91hk211.png?width=1344&format=png&auto=webp&s=859ffb619003919d6cf45194870dd442f3ca7154
-----------------------------------------------------------------------

Wednesday, 6 June 2018

Money20/20: Central Bank Execs Conclude Crypto Is No Threat to Fiat, YetWhy fiat is not particularly threatened by crypto..
Binance Official: ‘If the ICO Bubble Bursts, It’s a Good Thing for the Industry’The ICO bubble needs to burst in order for truly valuable projects to come about.
Magic Number? Chart Data Hints at June 6 Bitcoin BoostA major reprieve just may be in the offing for the battered bitcoin bulls in the next 36 hours – if, that is, historical patterns repeat themselves.
Daily Performances
General Comment: We continue to see sideways movement with no strong directional conviction. However, a prolonged period of very low volumes and dangerously low volatility juxtaposed with the narrowing of critical technical levels - BTC USD7'000 psychological support that must not be broken, and USD8'000 level broken above that may pull in buyers to test the upside band of USD9'000 - indicates a potential violent break out of recent range over the next several weeks. The BTC market has been flirting with both sides. Keeping a very close check on potential news triggers (Crypto and non-Crypto) would be highly advisable.
https://preview.redd.it/chgs44f9bc211.png?width=912&format=png&auto=webp&s=65ad2714afb3041d07cf357d5cf7f2c2178a0c18
Technical Analysis - BTC
BTCUSD is locked in the 7800-7000 range, if it manages to break above 7800 we would expect to test 8600, if it breaks 7000 we expect an important fall to below 6000.**05.05.2018
https://preview.redd.it/090l1uyfbc211.png?width=1344&format=png&auto=webp&s=dd73a94c497be4c25bd8ec37a425398c313b0a4f
-----------------------------------------------------------------------------------------

Tuesday, 5 June 2018

LinkedIn Co-Founder Is Raising $20 Million for Token Project - CoinDeskOne of the co-founders of LinkedIn is raising as much as $20 million in a SAFT sale.
OKEx Latest Industry Giant to Launch Cryptocurrency Index FundOKEx has become the latest industry giant to launch a cryptocurrency index fund.
Crypto Exchange Coinbase Plans Expansion With Japanese OfficeCoinbase Inc., one of the largest U.S. digital-currency exchanges, is expanding into one of the world’s hottest crypto markets.
Daily Performances
General Comment: The broad crypto market drifted sideways to slightly softer overnight. Market cap is at USD330 billion. We continue to see more of the same - low volumes, extremely low volatility and high correlation across currencies. Yesterday we failed to reach short term upside targets for confirmation of longer term consolidation (BTC USD 8000, ETH 650). On the news front, lots of news coming out from the crypto exchange business in Japan with regards to both new entrants (HitBTC, Coinbase) The move reflects the overall trend to be compliant with local regulation, which is healthy for the long term.
https://preview.redd.it/nd2kkmmbac211.png?width=920&format=png&auto=webp&s=e5e95fdb01d33841116e3b59a66d3df62ad9cf4d
Technical Analysis - BTC
BTCUSD is locked in the 7800-7000 range, if it manages to break above 7800 we would expect to test 8600, if it breaks 7000 we expect an important fall to below 6000.
https://preview.redd.it/lgpzm2ckac211.png?width=1344&format=png&auto=webp&s=83b4eb9d9d78a43ef68ea59b956322c4be7001d7
------------------------------------------------------------------------------

Monday, 4 June 2018

Initial Coin Offerings Have Already Topped 2017's Record PaceSales of digital tokens by technology companies this year have already surpassed the record amount raised in all of 2017.
The EOS Blockchain Launch: What Should Happen (And What Could Go WrongThe world's fifth most valuable cryptocurrency is set to formally release its software this weekend.
Cryptocurrency Exchange Hitbtc Suspends Services in JapanHitbtc has suspended its services for Japanese residents to avoid any trouble with the country’s financial regulator since it is not authorized to operate in Japan. → Binance Reveals Plan for $1 Billion Blockchain Startup FundBinance has announced it is launching a $1 billion "Social Impact Fund" to foster the growth of blockchain and cryptocurrency startups.
Daily Performances
General Comment: Over the weekend the broad market recovered steadily but in quiet trading. What appears to have been an ETH led sell off last week has reversed nicely (as can clearly be seen in ETH/BTC back to 0.08), with BTC holding the critical USD7000 level and now testing the “all clear” point of USD 8'000. The equivalent ETH level to the upside is around USD 650, both of which broken above indicate a possible test of higher ranges. XRP appears to have fully recovered this level.Developments in “off-chain” markets and mounting concerns of European sovereign debt continue to be the next possible catalyst for crypto markets.
https://preview.redd.it/7s6p0le0yx111.png?width=873&format=png&auto=webp&s=5822c471a38c39452c016c79bfa58bed017e17e5
-------------------------------------------------------------------
Many thanks to Mariem @SwissBorg for providing us with THE latest news.
Disclaimer: Insider aims to provide our community with updates and information regarding financial markets and the blockchain world.This is our way of communicating with our community. It is meant to be used for informational purposes not to be mistaken for financial advice.Our opinion, when shared, is just that, it may not apply directly to your individual situation. Any information gleaned here is to be used at the readers' own risk, SwissBorg does not accept any responsibility for individual decisions made based on reading our daily blog. Any information we provide on our daily blog is accurate and true to the best of our knowledge, there may be omissions, errors or mistakes.
Copyright © 2018 SwissBorg, All rights reserved
submitted by lioness444 to swissborg [link] [comments]

Binance Official: ‘If the ICO Bubble Bursts, It’s a Good Thing for the Industry’

https://preview.redd.it/aofbxbvbx8211.jpg?width=725&format=pjpg&auto=webp&s=ab2cf748f703e39e10c358f3752e96a8c3802e12
Head of Binance Labs Ella Zhang thinks that if the Initial Coin Offering (ICO) “bubble bursts, it’s a good thing for the industry,” Bloomberg reported June 4.
Zhang, who joined Binace less than two months ago, told Bloomberg that though the bull market remains positive thanks to a stable inflow of users, only the ICO bubble burst would open the industry to truly valuable projects. Zhang did not predict when such a bubble burst may occur. She said:
“We’d like the bubble to break. We still see a lot of hype in the market, valuations are high and unreasonable. We really think if the bubble bursts, it’s a good thing for the industry.”
Additionally, Zhang said that she is helping Binance to deal with the scams that have emerged as a result of the hype, with so-called Cryptocurrency Governance Initiatives, or CGI. The purpose of the initiative is to “fight scams and sh*t coins, and to boost crypto and blockchain technology.”
Within the initiative, Binance will reportedly support funds and token teams it’s working with, but they must promise that “they won’t participate in pump and dump” schemes, and that they will build products according to their white papers. Binance will stop investing in funds and delist tokens from teams that do not honor their commitments.
Over the next three to five years, Binance Labs plans to invest $1 bln of Binance profits in various projects, with an average investment per project between $1 mln and $10 mln. There are 20 different cryptocurrency funds with whom Binance plans to collaborate as part of the new venture capital fund. All the projects involved will be obligated to join CGI. The fund has reportedly made four investments in both companies’ tokens and equity so far.
Zhang, who was previously an investment director at venture firm Kleiner Perkins Caufield & Byers, believes there can be a conflict between investing in tokens and equity, as they are valued differently. She said:
“If we see founders contribute to both sides, we’ll hold both sides. Sometime it’s hard to see which one is more valuable, but our position is to support the founders and create value for the project as a whole.”
Ella Zhang is not the first expert to predict a bubble burst. In April, Nobel Prize laureate for economics Robert Shiller pointed out that while Bitcoin might be a bubble, that doesn’t mean that it will burst and be gone forever. According to Shiller, there is a part of the cryptocurrency “bubble” that is political, as people who don’t trust their governments may be tempted to invest.
Source
submitted by W12io to u/W12io [link] [comments]

The Speech of Mr. Sean He, co-founder of BIT.GAME, in Singapore

Ladies and gentlemen,
Good morning/afternoon
My name is Sean He and I am one of the co-founders of BIT.GAME.
As we know, in 2017 the cryptocurrency and blockchain ecosystem experienced an explosive growth. Bitcoin, ETH, Ripple, Litecoin, etc., value has increased several times over the past year. Looking back in history, the Internet ecosystem also made a great development before the 2000s. After the bursting bubble, many companies broke down and disappeared.
Now a new problem has arisen: what kind of companies will survive and become the giants in this industry?
These will include industries such as SE(search engine),e-business and gaming.
Google, facebook, Apple, Tencent, and Netease, all have gained huge profits from the gaming industry.
In my opinion, the next true blockchain breakthrough will be born in blockchain game.
I am not sure if you all have heard of a popular movie that was recently released named “Ready Player One” directed by Steven Spielberg.
I myself have watched it3 times. The first time I went to cinema was with my wife/girlfriend/son. My first impression was WOW,the huge screen filled with virtual reality game. I couldn’t help but to think that it would be the future of gaming.
A few days later, I watched Ready Player One again with my classmates, but this time I had three questions:
The first question was, Wade Watts, the heroand top player in OASIS, seem to be the best of the best but in reality,was living in the slums of Washington.
The second question was, although OASIS builta huge world,the founder still hasa red button which is capable of destroying the whole game world.
The third one was, how did one person build such an incredible game. Halliday?Or by a company?
Then I was suddenly enlightened, blockchain game would solve all these problems.
For my third time, I took my colleagues to watch this film
Well, it is not only a fictional story, but also a perspective vision. For all we know, if there is no Mt.Gox, Huobi, Binance, our cryptocurrency could not possibly increase so rapidly. Only with more circulation comes more value.
The exchange is the core of cryptocurrency.
If blockchain game plans to have a rapid growth, there must be an exchange which can serve for it.
(SMILE)BIT.GAME will be the exchange.
BIT.GAME is the world’s first blockchain game exchange. And we are an exchange which will grow with our customer, game players and traders.
BIT.GAME has POC, short for Proof of Contribution, which is a mining pool for all game players and traders having a double buy-back program. Firstly, we will distribute 50% of exchange profits for buy-back and destroy 50% of our token BGX (which means BIT.GAME EXCHANGE); Secondly, we will use 30% of the exchange profits to buy-back, in order to restoremining poolconsistently.
To support our exchange, BIT.GAME serves game developers with BIT.GAME solution. For some data-mapping blockchain games, we offer an off-chain circulation solution. With the IOU method (short for I OWN YOU), exchanges and game record transactions will be held in centralized servers. This solution offers a direct connection to help players to trade tokens from game to exchange more safely and quickly, vice versa.
To help game developers issue game assets into single public blockchain or multi-blockchains, we offer them our solutions.
Beside solutions, we are also building a platform to incubate blockchain games. In January 2018, Vitalik Buterin mentioned a DAICO (short for Decentralized Anonymous Initial Coin Offering) instead of an ICO, for better investment risk control.
Well, for some blockchain programs, it needs one year or more to realize DAICO. DAICO contains more uncertain factors for these programs making it not suitable for them in the long term. In the meantime, just like blockchain game, be known to all, the gaming industry is far more mature than blockchain 3 to 6 months is enough time to develop a stable game, making it more suitable for DAICO.
That being said, we are proud to announce the BIT.GAME platform is basedonDAICO. (Now I want some applause )
Beyond a centralized exchange, we still plan to develop an AI based on a Decentralized exchange with Matrix AI Network.
First of all, we will develop an Integrate Wallet with cross-chain, thus every wallet could be visible onto chain. With AI technology of Matrix, we offer users a larger transaction loop and lower transaction cost.
twitter https://twitter.com/BitGameEN
Github https://github.com/BitGameEN
facebook https://www.facebook.com/BitGameExchange/
youtube https://www.youtube.com/channel/UCUD1VIVdyk0GGDmlUv0EqeA
telegram https://t.me/BIT\_GAME\_CHANNEL
submitted by BitGameEN to BitGameEN [link] [comments]

BITCOIN HALVING BUBBLE! AMERICAN AIRLINES GOING BUST! Business News! DOWJ BTC ETH Price Analysis TA Bitcoin: Did the bubble burst? Did The Bitcoin Bubble Burst? New Highs or a New Low First? Is The Bitcoin Bubble Finally Bursting? Is the Bitcoin bubble about to burst? We ask the expert Bitcoin Bubble? Will the Crypto Bubble Burst? What is your investment strategy? Crypto Predictions Ray Dalio: Bitcoin is a Bubble IS BitcoiN A bubble going to burst? Ronnie Moas Crypto Bubble Burst? NOT TODAY!! January Market Recovery!

Ella Zhang, the individual in charge of Binance's venture incubator Binance Labs, doesn't have a particularly fond view of the current cryptocurrency market. In fact, she thinks it's a "bubble" — one which she'd like to see burst. If the bitcoin bubble bursts, this is what will happen next Bitcoin looks like it's heading towards a major crash. If it happens, crypto-millionaires will be hit hardest while governments move to ... In this short period of time, bitcoin and the altcoins went in a free-fall never experienced in the demand-driven phase of the bursting of the bubble, suffering losses in the order of 70%. View photos Ella Zhang, who recently joined Binance’s new venture, Binance Labs, believes that the hype surrounding the crypto market needs to come to an end, and the only way that will happen is, “if the bubble bursts.”. While many investors are yearning for the bull market, which is a time in which both share prices and user participation increases, Ella Zhang views it as a hindrance that barely ... In fact, she thinks it’s a “bubble” — one which she’d like to see burst. ‘We’d like the bubble to break’ A representative from the largest cryptocurrency exchange by volume has called the cryptocurrency market a “bubble.” Speaking to Bloomberg, Binance Labs’ Ella Zhang stated: We’d like the bubble to break. We still see ... Bitcoin bubble has burst again! Over the the past two years, on multiple occasions, investors have been witness to a chaotic falls in this cryptocurrency. At one moment we see it rising and another we see it plunging, causing massive losses to some investors. After raising false hopes, Bitcoin has done the same all over again. So, forget hitting $20,000-mark, what one needs to really think ... Head of Binance Labs Ella Zhang thinks that if the Initial Coin Offering (ICO) “bubble bursts, it’s a good thing for the industry,” Bloomberg reported June 4.. Zhang, who joined Binace less than two months ago, told Bloomberg that though the bull market remains positive thanks to a stable inflow of users, only the ICO bubble burst would open the industry to truly valuable projects.

[index] [4530] [17612] [12403] [9158] [8309] [8758] [2833] [4294] [3180] [18568]

BITCOIN HALVING BUBBLE! AMERICAN AIRLINES GOING BUST! Business News! DOWJ BTC ETH Price Analysis TA

Did the bubble in Bitcoin just burst? If so, where do we go next and what are the impacts to the broader cryptocurrency space. We'll look at the charts and I'll share my views on why this is a ... When will the crypto bubble burst? Not today baby! The bros live on! In todays short video we do a short crypto market analysis.. If you were questioning why the crypto market was crashing and ... bitcoin halving bubble! when will it burst!?! bitcoin weekly close bulltrap!? will bitcoin price pump? business & finance news! american airlines going bust?... The bitcoin price tends to bounce off a price level. But if it breaks through that support, a rapid crash usually follows. And that’s just what’s happening right now. But does this mean the ... Ray Dalio speaking about how Bitcoin is a bubble waiting to burst, not classifying it as a currency. Ray Dalio Books: Principles: https://amzn.to/35qCC4h Big... The value of bitcoin has dropped 50 per cent since December, credit card companies and governments are cracking down on its purchase, but analyst Ronnie Moas... Autoplay When autoplay is enabled, a suggested video will automatically play next. Up next Bitcoin Is More Than a Bubble And Here To Stay - Duration: 1:39:02. When will it burst? Check out this prediction from Ronnie Moas. _____ BUY TRON TRX HERE - https://www.binance.com/?ref=15817655 ... How will you survive the crypto bubble? When will the bubble pop? What is the future of Bitcoin? What is your investment strategy? Let's talk about it! ...

#