Populous Post business intelligence - ICO Update
- Project name: Populous
- Ticker symbol: PPT
- Market cap*: $129 million
- Circulating supply*: 37,004,027 PPT
- Total supply: 53,252,246 PPT
Populous is a peer-to-peer invoice discounting platform. Their platform uses smart contracts powered by a blockchain ledger to pair invoice sellers and lenders without the need to transact through third parties.
Their vision is to increase funding for small and medium size enterprises (SMEs) while reducing invoice fraud by transacting on a peer-to-peer blockchain platform. Populous uses two tokens to facilitate the lending and exchange of funds on their platform; Pokens and Populous Platform Tokens (PPT).
Pokens are used internally to purchases invoices on the platform, and they are pegged at a rate of 1:1 to whatever local fiat currency for which they are being exchanged. Pokens and PPT are both ERC-20 standard tokens powered by the Ethereum blockchain.
PPT are used as collateral to invest in invoices on the platform. When one lends their PPT, they will receive the profit in Pokens for their lending of capital and their principal PPT investment in return.
Below is a diagram showing how the Populous platform works in a nutshell:
Founded in 2017 and based in London, Populous World Ltd. was founded by Stephen Williams. The project raised over $10.2 million USD in their ICO.
The 2018 year has been volatile for Populous so far. A £1...
MeliorAl (MEL) Machine Learning, Neural Network Token Sale
MeliorAl (MEL) Token Sale
Melior has developed its own Machine Learning, Neural Network and Deep Learning models and aims to open up the opportunities presented by AI in the marketplace to all businesses, not just those powerful enough to take control of the space. Melior’s extensive research has focused on (reusable and multi-purpose) Natural Language and Image Understanding.
Opens Up AI Learning Opportunities to All Businesses
Melior develops exceptional chatbot and conversational interface...
IOTW's ICO Analysis and 15 billion IoT devices in the world
There are already over 15 billion IoT devices in the world. These devices carry lots of data usage statistics that could be very valuable to the right companies. The problem until recently is that it’s almost impossible to collect all of this valuable data in an organized way. But now the experienced team at IOTW has invented a way to easily connect any IoT device to their blockchain. Once connected, the IoT device becomes a node and mines IOTW tokens as a reward to the device users. The usage data is then collected and sold to companies in exchange for IOTW tokens.
Based in Hong Kong, IOTW is a product of the groundbreaking Blockchain company, AnApp Blockchain Technologies Ltd. The IOTW blockchain software will operate an open-SDK, allowing any device to load the blockchain app and gain access to the IOTW blockchain ecosystem.
In order to incentivize users to connect their IoT devices/appliances to their blockchain, the hard working team has developed 2 unique new protocols; “Micro Mining” and “Proof of Assignment.” Together, these protocols allow every household to join the mining community without restrictions. Each device they connect will become a node, and each node will have the same chance of being selected to mine as all the other nodes in the network. No whale power on this chain.
How it works:
- Download their software through firmware upgrades to connect any device to the IOTW Ecosystem.
- Start mining with very little power consumption.
- Redeem rewards. “IoT device owners will be rewarded with IOTW coins which the devices can use to call up services or spare parts. The owners can also use the IOTW coins to buy goods, services and media content in open markets.”
- Sell your data for more IOTW tokens. “IOTW blockchain will collect big data. Allowing global, city-wide, and district-wide energy saving optimization.”
Here’s a 7-minute video we were linked to by their Telegram mod. It does a great jump of explaining why IOTW is such an exciting project. The video has already received an impressive 56,000 views, and is worth checking out.
In addition, IOTW plans to allow for the development of decentralized applications on IoT devices. And they will establish a decentralized purchase network for IOTW holders to bypass the middlemen and purchase directly from device makers and service providers.
Also, the team invented a Digital Power System chipset (“DPS chipset”) that replaces traditional analog power systems in small appliances with digital power systems. From the company:
“We believe the DPS chipset will be able to see adoption by a certain number of device manufacturers for saving costs while increasing device functionality. We have already filed a patent for the DPS chipset design. We plan to file a few more patents for this new product.”
Token
IOTW will have the following utility:
- Device users receive IOTW token as rewards for mining, as well as for selling their usage data.
- Device makers, research institutes, government agencies, and other organizations can purchase usage data with IOTW.
- Goods and services providers will sell through the online mall accepting IOTW as a payment method.
- A percentage of IOTW will be taken as a processing fee for each transaction.
The Proof of Assignment protocol requires way less power for mining than Proof of Work....
Ethereum Founder Vitalik Buterin Just Might Have a Solution for the Crypto Funding Problem
There are free-riders in the cryptocurrency ecosystem.
At least, that's the contention of a new paper, shared with CoinDesk on Monday, written by ethereum founder Vitalik Buterin, Microsoft researcher Glen Weyl and Ph.D. of economics at Harvard, Zoë Hitzig.
And free-riders pose a problem.
Described in the paper, free-riders are people or businesses that profit from the under-provision of public goods. And, on top of that, "the more people [these public goods] benefit the more they will be under-provided." It's an issue that plagues development even outside the cryptocurrency space, but the authors are – at least – initially focused on how the idea creates harmful incentives for the funding of blockchain projects.
Whereas currently, crypto development teams rely largely on donations, the altruistic whims of their creators, and ICOs — the paper details a new financing method to support a "self-organizing ecosystem of public goods."
Titled "Liberal Radicalism: Formal Rules for a Society Neutral among Communities," the method described – a system written in code – seeks to allow groups to allocate funds for the maintenance of public goods and services without becoming vulnerable to the "free-rider" problem.
The mechanism is similar in principle to Quadratic Voting, a form of stake-based voting championed by Weyl in a recent booked, "Radical Markets."
While Quadratic Voting allows participants to vote with crypto tokens according to how much they care about an issue, Liberal Radicalism (LR) expands the same concept to how communities contribute to public goods, such as software development, cryptocurrencies and journalism.
And it works by increasing the funding of projects incrementally depending on the number of participants and the degree to which they care about the issue at hand.
"Individuals make public goods' contributions to projects of value to them. The amount received by the project is (proportional to) the square of the sum of the square roots of contributions received," the paper states.
And while the authors have ambitions for the technology that are far-reaching (including applying the code to municipal projects and campaign financing) cryptocurrency communities, with their open-minded attitudes towards experimentation, are a "particularly appropriate" testing ground for the technology.
Speaking to CoinDesk, co-author of the paper Hitzig said that interest is already building between many different groups. That currently includes about "a half dozen" cryptocurrency communities looking to potentially implement the technology, as well as "other innovators and philanthropists."
As such, Hitzig told CoinDesk:
"Once we circulate the paper we expect that experimentation will begin in earnest shortly thereafter."
The crisis of liberalism
The new paper is part of an ongoing collaboration between Buterin and Weyl since the publication of the latter's "Radical Markets" book.
As detailed by CoinDesk, the duo co-authored a blog post in May, in which the authors discussed their shared interest to "harness markets and technology to radically decentralize power of all sorts and shift our reliance from authority and to...
Rateonium Blockchain CRM: ICO
Idea:
Elevator pitch Rateonium is using blockchain technology to create new horizons for the management of customer-company relationships. The platform connects products and services purchased with a subsequent customer review process.
Problem: Customer reviews of products and services are responsible for the long-term success of a company. New leads rely on customer opinions, not on corporate communication.
•75% of consumers only make a purchase decision after reading the reviews
•40% of consumers distrust offers with no customer ratings
•20% of consumers believe that most ratings are falsified
•2% of customers write reviews Too few customers write...
The Guide to Trusted and Established ICO Listing Websites
As the market of token sales getting larger, better and mature likewise ICO listing websites are mushrooming. According to the research by the HACKERNOON it is found that now more than 200 ICO listing platforms are working actively in the market. In this scenario it becomes very difficult to find trusted and established ICO listing platform where investors can make better investment decision. In this post we are highlighting few vital points that will prove helpful for investors to find right and trusted ICO listing websites.
- ICO listing website should have strong social media presence.
- The team behind the ICO listing website should be professional enough to understand the crypto market.
- The website content should be comprehensive and informative.
- The ICO listing price should remain according to the standard of crypto market.
- Website should be popular in ICO community.
ICO listing website should have strong social...
EVENT: Join @BlLife_Forum for #BlockchainLife 2018 International Forum November 7-8
The biggest international forum on blockchain, cryptocurrency, and mining in Russia and Eastern Europe.
Event Details & Registration -> HERE
| 5000+ attendees
| 80 speakers
| 70 countries
| 120 booths
Telegram Channel @BlockchainLife
Facebook Page https://www.facebook.com/blockchainlife
Twitter @BlLife_Forum
Track the event hashtags on Tweetchat and the conversation streams for #BlockchainLife and #BlockchainLife2018
The two-day forum/conference at the Europe’s leading venue Expoforum gathers more than 5,000 participants from more than 70 countries. Сrypto traders, the owners of ICO projects, leading private investors and crypto funds, entrepreneurs and blockchain experts, developers on the blockchain, the owners and representatives of global exchanges, and miners, – the event brings together industry professionals and those who are just starting their way in the crypto industry.
Attending blockchain community members and experts are attending across all industry segments.
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EveryCoin Financial Platform (EYC): #ICO Pre-Sale
EveryCoin (EYC) Pre-Sale
The Aaron EveryCoin Platform is a new financial platform for people who are financially excluded from modern finance systems for a long time. We aim to spread the free financial accounts for all people around the world and make them exchange money freely.
By combining the POW agreement method with the DPOS agreement method — in which the delegated node receives contract authorization and transaction fee in contract execution — Aaron blockchain does not waste unnecessary power or time to generate blocks. And it does not need to wait for the new block to be...
Cleyond (CYO): Token Sale
Cleyond (CYO) Token Sale
This token will help the team at Cleyond AG spread their technology globally and do the necessary research to create more use cases.
Use A: Make licensing available globally
“How can we make sure that this important innovation can contribute globally within the shortest amount of time possible?” We think it is not by building plants of our own in other continents, but rather by enabling engineers there to use our technology. A CLEAN LOOP license will allow and enable to set up a high-quality recycling plant wherever in the world it is needed to reduce the waste of waste. Our engineers will help the teams on-site to make it work.
Use B: Develop even more use cases
At the very moment, CLEAN LOOP can be used on a special kind of plastic...
A Public Firm ICOs in Singapore
Y Ventures Group, (the Group), which describes itself as a data analytics driven eCommerce company, went public on the Singapore Exchange last year. This year Y Ventures has become the first publicly listed company in that City State to launch an ICO. It almost certainly won’t be the last. There is a lot of Singaporean interest in cryptos.
The Group is setting up an eCommerce buying platform that will focus on cross-border purchases on behalf of consumers. It calls this the AORA platform, and its utility tokens are intended for use thereon.
Luminore 8, the subsidiary of Y Ventures that will be responsible for establishing the platform, has struck a deal with Singapore Post Ltd., and together they will “explore possible enhancements to the E-commerce parcel logistics chain utilizing new technological processes for warehousing and last mile delivery.” Luminore 8 has also issued a white paper that sets out details on the proposed ICO, the AORA Platform and AORA Coins, available here.