Best ICOs to invest

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Kayla Turner

Kayla Turner has 19 articles published.

Kayla Turner
Kayla is an adept article writer with vast hands-on experience in cryptocurrency and technology. She is outgoing and always looking for new challenges to conquer. Over the years, she has gain massive traction online for writing stellar content on cryptocurrency and blockchain technology in a crispy and easy to understand style. When she is not writing for the web, she loves spending quality time with friends, colleagues, and her family indoors and outdoors. Be sure to check out his profile online for more invigorating articles.

Unlock

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unlock

Unlock Blockchain is a platform that is dedicated to providing accurate information about blockchain technologies. Here you will find intelligence reports as well as insights and trending news related to this new technology. The team also goes an extra mile to organize and provide details of upcoming roadshows and community building projects.

unlock

Carefully Researched and Written News Articles

In the current competitive digital world, websites need to have stellar content to attract a large audience. Unlock takes pride in having a committed team of researchers and writers who are conversant with cryptocurrencies and blockchain technology. Every day, this team uses its networks to source for trending news and feature them in articles that are later published on the website. Rest assured that you will find a new article whenever you visit the website.

Unlock Blockchain Forum

As mentioned earlier, this platform organizes event that are meant to empower the public about this new technology and its potent capabilities. Unlock Blockchain Forum is one of the events that it has organized and will be held in Dubai. The forum provides excellent opportunities for blockchain technology enthusiast to exchange ideas and knowledge. Companies will also get a chance to display their developments to the attendees. 

Strategic Marketing

Unlock offers strategic marketing, communication, and public relation services specifically to blockchain companies that are interested in taking advantage of the unexploited market in the region. These services are rendered by a team of professionals who are skilled and conversant with the modern day marketing trends. 

NEW UNLOCK

Finally, this platform offers advisory services such as roadshows to introduce new products and initial coin offerings (ICOs) to new clients and investors. Click here to learn more about Unlock today.

Amon Tech

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amoncard

Amon Tech Review

Store, Exchange, and Spend Cryptocurrencies in One Wallet

Looking for an intelligent and multi-functional crypto wallet? Amon is an ideal choice for you. This intelligent wallet is connected to next generation crypto debit card that you can carry in your physical wallet without raising any attention. 

amon

Powered by AI (Artificial Intelligence)

One of the highlights of this wallet is that it is powered by a powerful AI (artificial intelligence) system that is wired to ensure that you enjoy spending your digital assets as well as traditional assets efficiently. At the moment, Amon wallet supports Ethereum, AMN token and Bitcoin. However, the developers have plans to include more cryptocurrencies and ERC-20 in the near future.

The cryptocurrency market is very volatile and knowing or predicting the performance of a particular cryptocurrency tomorrow is almost impossible. Thanks to AI system, Amon card users are given accurate information about the most performing cryptocurrencies that are supported by the wallet. This feature greatly helps users to efficiently spend their digital assets without having to spend hours online monitoring multiple cryptocurrency exchanges.

Easy Access and Use of Cryptocurrencies

One of the main objectives of Amon Tech team is to redefine the manner in which users utilize cryptocurrencies by provide accurate information about their values. The system is 100% secure so rest assured that your personal information will not be accessed by third parties without your consent or shared. 

Finally Amon card provides one of the most convenient and ways of buying cryptocurrencies using either MasterCard or Visa. The newly purchased cryptos will be transferred directly to your Amon wallet for safekeeping. Get more insights about this ingenious cryptocurrency wallet here. 

Blockchain Summit Dubai

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Blockchain Summit Dubai

The Blockchain Summit Dubai is the last summit in the global blockchain summit series, and it will take place on November 27, 2018, at the Dubai Marina, Dubai, UAE. It is the leading blockchain summit in the Middle East, and it will bring together blockchain professionals and enthusiasts for a comprehensive program spanning ‘How-To’ case studies, debates from tech visionaries, and interactive roundtable discussions. 

dubai summit

Network and Connect 

It is a one-day summit that will have conferences and exhibitions and participants will get to connect with more than 350 business and industry decision makers, leaders, investors, and tech innovators. There will be no co-located side events and participants can expect unrivalled content, as well as life-changing networking events. 

There will be cutting-edge case studies revealing how to integrate blockchain technology across various industries including, mining and exploration, insurance, utilities, logistics, media and entertainment and so much more. After the conferences, attendees will participate in roundtable discussions and hosted networking events where they will have a unique opportunity to connect with peers and explore topics that matter to their respective industries. 

Visionary Speakers

The Blockchain Summit Dubai is in partnership with some of the leading brands in technology including PWC, SAP, IBM, CISCO, ORACLE, and Consensys, among others. The speakers in the summit will include Amna Al Owasis, Amol Bahuguna, Ramadan Alblooshi, Roula Zahar, Jameel Khan, Anshhul Srivastav, and more. All these are business leaders with diverse skills and competencies. 

There will also be an interactive exhibition session from some of the leading tech companies as well as startups with innovative solutions to the current problems.

Register today and be part of the audience and learn from the visionary speakers who will grace the event. 

Blockchain Summit Singapore

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blockchainsummit

The dust is settling on Blockchain Summit Singapore that was on 28th August 2018.

singapore

The event was at Suntec, Singapore and it was huge success. It had industry giants such as IBM, EY, KPMG, Deloitte, and Cisco sponsoring the event. The one-day event connected over 700 business and industry leaders, tech innovators, decision makers, as well as investors.

Future of Blockchain Technology

Blockchain Summit Singapore upheld the standards maintained by the global blockchain summit series by offering unique content and exceptional networking opportunities. Attendees were treated to over 60 speakers sourced from 15 industry sectors such as manufacturing and supply chain, energy and utilities, healthcare, insurance, music, transport, and charity, to name a few. 

The speakers presented case studies and solutions on how to integrating blockchain technology in individual industry sectors. There were also over 700 qualified attendees, and it was the perfect opportunity to pick some of the brightest minds developing and interested in blockchain technology. 

Blockchain Only Event 

This was purely a blockchain event without any co-related events. In between conferences, attendees were treated to interactive exhibition sessions from 20 of the best tech innovators. This included industry giants who have continually provided solutions for decades as well as startups with innovative blockchain technology. 

This was one of the last one-day blockchain summit sessions. As from 2019, the global blockchain summit series will span two days and offer more content and networking opportunities. In case you missed the 2018 edition of Blockchain Summit Singapore, register your email address and stay updated on when and where Blockchain Summit Singapore 2019 summit will be held.

Indian to Launch Government-Backed Cryptocurrency

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india crytpo

There is no denying the impact of cryptocurrencies in the modern financial sector. However, the problems facing the industry such as security and lack of a proper regulatory framework has caused most governments to shun cryptocurrency in their jurisdictions. India is one of the countries that were fighting cryptocurrencies, but according to News BTC, India might be warming up to cryptocurrencies. The country is laying down the framework for a government-backed cryptocurrency.

india blockchain

India put together a board under the Finance Ministry in December 2017, and one of the sitting members in the board has confirmed the plans. At the time, the board was meant to recommend measures on how the government would direct cryptocurrencies. The board was mandated with investigating and it had to present its findings in July 2018. The official maintains that the board is in support of India developing its crypto coin. This is despite the fact that both the central bank and the government have tried to diminish the setup of cryptocurrency exchanges in the country.

Altcoins Remains Banned in India

However, it might be a while before we see India’s first cryptocurrency. A government official while commenting on the plans to create the cryptocurrency saying that it conflicted with the ideals that surround decentralized cryptocurrencies. In spite of this, the government still maintains its stand to ban cryptocurrencies even with their digital currency in circulation. Another official commenting on the issue said that anyone who would be found in possession of a different coin other than the government digital currency would be open to prosecution. 

The reports of the government launching its altcoins came after the RBI intensified their efforts to prohibit the use of bitcoin in India. The agency issued an order to all local banks to cut lose all firms that incorporate cryptocurrencies into their business model, including all individual traders and cryptocurrency exchanges.

This order banning cryptocurrency entities from accessing banking services infuriated the stakeholders, and they have taken the central bank to court. However, the case is likely to drag on for a while, and there seems to be no imminent end to the tussle. Other players in the Indian cryptocurrency circles have tried to navigate the order, but they have not found a sustainable plan of doing business. 

Lakshmi Token

Both the government and the RBI consider digital currencies too risky, with the fear of money laundering, fraud, and supporting criminal activity taking center stage. The only option left for cryptocurrencies to exist in India is if it is controlled, and this is where the plan of having a government-backed cryptocurrency comes in. 

cryptocurrencyindia

The RBI has proposed to name the government-backed cryptocurrency after Lakshmi, the Hindu goddess of wealth and riches. However, this is not the first government-backed altcoin. Venezuela is a notable case where they have the Petro, an altcoin backed by the nation’s oil reserves. The board convened to look into cryptocurrencies is expected to table its findings in towards the end of the year, and India might be a step closer to launching their Lakshmi token.

Crypto Exchange to Pump Random Coins

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best ico to invest

Cryptocurrency exchanges are making headway in improving the penetration of digital currencies, but few have the popularity that Bitcoin enjoys. According to CCN, YoBit is looking to use unconventional methods to drive up the number of traders on their platform. The plan is to randomly pump coins with the intent of driving up their prices. The exchange based in Russia said that it would inject 10 BTC which is equivalent to $66,000 into ten random markets. 

blockchain

In a tweet, YoBit plans to buy one random coin for 1BTC every 1-2 minutes, ten times. This is a drop in the ocean given that the global cryptocurrency market records $12 billion in daily trading volume. However, this will lead to a massive increase in prices of microcap altcoin markets that do not get much trading. 

While many Twitter users thought that the YoBit account might have been hacked, the report seems to be true. Their website has a countdown timer to the self-described pump, which means that they are serious about pumping up coins. 

Market Manipulation Ploy

Early on in the year, the US Securities Exchange Commission issued a customer advisory warning against such kind of pump-and-dump schemes and warned that they are illegal. While it remains to be seen if YoBit’s action is unlawful according to the SEC definition, the move is being heralded by many as a form of market manipulation. 

According to the US Commodity Futures Trading Commission chairperson, J. Christopher Giancarlo, the CFTC is focused on combating fraudulent forces that seek to manipulate the cryptocurrency markets. In a Wall Street Journal report, CFTC has seen a significant increase in civil penalties in 2018. In the current fiscal year, CFTC has issued $900 million worth of penalties, which is larger than the amount levied in five out of eight years of the Obama administration combined. 

CoinMarketCap currently ranks YoBit as the 51st largest cryptocurrency exchange in the world as per their adjusted daily trading volume. By the time of writing this article, YoBit had processed $19 million across 482 markets in the past 24 hours and more than $198 million over the past one month. The news come after a vast majority of cryptocurrencies closed the market on Wednesday at a loss. It is estimated that the market lost an estimated $13 billion with bitcoin leading the pack. 

Pump and Dump Schemes

According to the Wall Street Journal, pump and dump schemes are on the rise and YoBit seems to be riding the wave too. The report by the WSJ claims that the operator of the scheme benefits the most and traders get anything from pump and dump schemes. It is thought that the allure of involvement keeps traders coming back. Big Pump Signal, a chat room with more than 74,000 followers on Telegram, initiated 26 pump operations that raised $222 million in December 2017.

crypto

YoBit announcement to randomly pump certain coins to increase their value borrows heavily from the pump and dump schemes model. A Business Insider investigation in November 2017 on pump and dump schemes revealed that there were traders conducting pump and dump schemes on YoBit via Telegram. It is not clear whether the YoBit team is aware of the activity on their platform, but their latest news does not help their cause.

Singapore To Open Up Banking Services for Cryptocurrency Firms

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Traditional financial institutions do not see eye to eye with cryptocurrency firms, but this is about to change. According to Ethereum World News, the Monetary Authority of Singapore is looking to bridge the gap by helping cryptocurrency firms set up accounts in local banks. The financial watchdog cited that digital currency firms are finding it hard to open bank accounts the world over, and this will only impair the growth of the financial services sector. Despite this, the agency vowed that it would not slacken its rules to favor and entice cryptocurrency firms. 

icofriends

Crypto fintech firms in the Asian country have let their complaints known, and they continue to push the government to set up a regulatory framework that will allow them to open regular bank accounts. On the issue, Ravi Menon, the Monetary Authority of Singapore Managing Director, said that they are not trying to create lax regulations to attract the crypto business, but the aim is to bring cryptocurrency fintech startups and banks together to reach a common understanding. 

Cryptocurrency Firms and Banks Collaboration

Ravi adds that due to the obscure nature of cryptocurrencies, banks must establish robust methods of authentication. The fintech startups must also chip in to ensure a strong collaboration in good faith. Ravi adds that the Singaporean banks need to apply caution due to the obscurity associated with cryptocurrency business model.

icofriends.com

The main agenda of the Monetary Authority of Singapore is to protect investors from fraud, and curbing money laundering especially when it comes to the cryptocurrency sector. The move to ease the tension between cryptocurrency fintech startups and banks is geared toward creating more jobs and spurring innovation. The country had placed stringent measures that sought to harbor the operations of cryptocurrency firms. 

Leading Cryptocurrency Adoption in South East Asia

Other than the lack of regulation, Singapore is the third largest ICO launch pad after US and Switzerland. For example, Line Corporation, which is Japan’s biggest instant messaging platform, launched its cryptocurrency exchange platform, Bitbox, in Singapore in July 2018. Binance, one of the largest cryptocurrency exchanges in the world, also set up its camp in Singapore and promised a fiat-cryptocurrency exchange that would be operational by September 2018. 

Singapore is looking to go the Japan way and allow as many cryptocurrency trading and exchange platforms to operate in the country as long as they stick to the rules. Their approach to cryptocurrency regulation is more relaxed than in Japan, and this makes the country a testing ground for new technologies. Crypto.com, a blockchain fintech startup with headquarters in Hong Kong, is looking to issue the first Asian cryptocurrency Visa debit card, and it is starting the rollout in Singapore. 

singapore icofriends

Different Approach to Regulation 

Japan remains the ideal model for countries looking to regulate cryptocurrency firms, but Singapore in a bid to pave the way for cryptocurrency adoption is looking to a different supervisory model. They have three categories, utility tokens that pay for computing services and will hardly require any regulation. Digital tokens will be governed by the Securities and Futures Act and payment tokens which the Ravi and the Monetary Authority of Singapore do not have a problem with unless they are securities. Surprisingly, the country expressed interest in becoming the first country that will fully integrate DLTs and virtual currency.

Bitcoin & Blockchain Technology

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bitcoin icofriends

As bitcoins continues to create buzz across the world, let learn the basics of bitcoin.

Bitcoin is essentially a digital currency that unlike any fiat money is not owned by countries or central authorities. It is governed by the huge community if bitcoin users and is free from any corporate monopoly too. Its secure digital nature makes it easy to transfer  all over the world that too at a very low expense. More and more individuals and businesses are adopting and accepting bitcoin as transactions are secure, faster and anonymous.

Bitcoin-Infographic

A bitcoin user uses a digital wallet to store, spend and receive bitcoin. While installing a bitcoin wallet a private key also known as ‘seed’ is set up. It ensures the safety and security of a transaction while the wallet is used.

Bitcoin works on the blockchain technology that is basically a shared public ledger on which the entire Bitcoin network relies. Any confirmed transactions (including newly added bitcoins) are added into blockchains. The ledger is maintained by the public & anyone can use the ledger to match a transaction.

Bitcoin mining involves complex mathematical calculations for the Bitcoin network users, to confirm transactions and increase security. Those  who use their computers and resources for bitcoin mining are called miners.

When you make a Bitcoin transaction, your Bitcoin software uses your private key to signs the transaction cryptographically. Unlike normal transactions, here you don’t give our personal details. Only the wallet address is visible and this ensures anonymity & safety.

Bitcoin was made available to the public in 2009 by an anonymous Satoshi Nakamoto whose goal was to create “a new electronic cash system” that was “completely decentralized with no central power or authority.”  In the year 2010, a person sold 10,000 Bitcoins for the first time to purchase two pizzas. Now, Bitcoin is widely accepted all over the world in different fields, and its future is beyond the imagination.

Bitcoin-Infographic_final

  Our friends at Bitcoinfy.net developed an interesting infographic on Bitcoin & Blockchain Technology, please have a look at it, and share your thoughts.

 

 

IDAX Adds a Listing for DasCoin

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dascoin

The Currency of Trust, DasCoin, is now listed on another public cryptocurrency exchange: IDAX. The announcement of this most recent listing took place on 16th August 2018, making IDAX the fifth public exchange to include DASC.

DasCoin IDAX

This listing extends the reach of DasCoin, giving more people access to the coin itself and all the technologies associated with it.

What to Know About IDAX

The exchange in this recent announcement, IDAX, is well-respected and a project that comes from the International Global Blockchain Research Centre in Mongolia. IDAX is among the top 50 exchanges, a fact that should significantly assist with the accessibility of DasCoin and its name recognition. IDAX already has a roster of coins and tokens that includes 40 different options, and continuously adds support for more.

dascoin icofriends.com

DasCoin is among the most recent additions to the platform.
The fact that IDAX has support for four different languages and high trading volumes also makes it an excellent choice for listing DasCoin. This helps more users utilize the exchange and, therefore, access DASC without scalability concerns.

The Other Listings

Although IDAX is the fifth public crypto exchange to list DasCoin, it was not the only listing to be announced in August 2018. In the same month, DasCoin announced that CoinBene would be listing the coin. Prior to the CoinBene listing, DasCoin was already part of three public cryptocurrency exchanges, all of which it joined in April 2018 as part of the ‘DasCoin: The Evolution of Money’ event, which took place in London. This is when DasCoin announced it was listed on CoinFalcon, EUBX, and BTC-Alpha. Additionally, you can buy and sell DASC via the orderbook on DasExchange, the DasCoin platform’s exchange.

Not the Only Recent Milestone

The fact that DasCoin is now on five public crypto exchanges is certainly significant in terms of global reach, but it is not the only recent milestone that this project has achieved. DasCoin has halved the block time associated with its blockchain, bringing it from the already great 6 seconds down to 3 seconds, an industry-leading time. Blockfolio has also listed DasCoin, making it easy for users of this free cryptocurrency portfolio management application to track DasCoin and compare it to other coins.

France Seeking To Legitimize ICO Market Activities

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France ICO Markets

Paris, France. The l’Autorité des Marchés Financiers (AMF), the financial markets regulation body for the French government, is seeking to support the development of ICO markets in France’s capital markets. On March 15, the financial regulator initiated a process of drafting proposals to the National Assembly. A French news outlet Les Echos reported that the mission of the regulator is to develop ICO Markets in France. This step is a recognition of ICOs as an emerging approach to capital formation in the world’s fifth largest economy in nominal terms.

This process comes in the wake of March 14 hearings convened by the U.S. House of Representatives Committee of Finance Subcommittee on Capital Markets, Securities, and Investments – The equivalence of AMF. The U.S government is also seeking to enact laws and regulation to govern the ICO Markets in a bid to optimize the benefits that start-up technology firms can reap. The US hearings are primarily consultative and involve a considerable number of multi-disciplinary professionals ranging from the industry managers, financial law experts, and economists. It is widely believed that the US government will endorse ICO Markets and regulate them effectively.

In full support of the AMF, the Ministry of the Economy and Finance in the nation of 65 million people as at 2017 welcomed the move. The ministry lauded the move and called for hasty recognition of ICO Markets as a new channel for capital formation. The ministry officials advised the AMF to consult with all stakeholders such as in the US, to achieve a sound regulatory framework that will not be prohibitive to any market player. The officials, however, cautioned the AMF to approach the matter with caution, as ICO Markets are risky ventures: Not tested against time.

This recent development is surprising to the ICO Markets in France; this is because the AMF had banned some ICO Market’s websites and 15 Cryptocurrencies from operations on suspicion of fraud. Additionally, last week saw the Google ban on all Cryptocurrency adverts from its AdWords advertisement platform effective from June 2018. ICO Markets were skeptical as some countries like China had banned the Cryptocurrency activities, and France was believed to follow suit.

It is now becoming evident that the US and France governments have endorsed ICO Markets and Cryptocurrencies as investment opportunities for the future. With such development, the World Bank may revert its earlier caution on ICOs and instead partner with economies in developing ICOs and Cryptocurrencies.

The AMF expects that by the end of the deliberative process, a system for authorizing ICO Market activities will be in place. The investors of ICOs will also be protected, as the offers will be pegged on guarantees.

More countries are expected to develop frameworks for managing ICO Markets in the coming days. Nations like Russia, Venezuela, Bulgaria, and others have already put in place sound policies to regulate ICO Markets and cryptocurrencies. These success stories will have a significant impact on many governments’ stances to ICOs. With Korea rethinking her ICOs ban, we might see China also uplifting their prohibition.

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