Latest posts of: oscarwhale189

Hello guys, I want to start my favorite one: PERMIAN Token.

Given the specialty nature of the chemicals and petroleum industry, there will always be multiple suppliers throughout the supply chain. Today each supplier maintains their ledger in compliance with their policies and procedures. For that reason, most business transactions are inefficient, expensive and vulnerable.

Inefficiencies result from the duplication of a single contract by each participant in the supply chain. The time it takes for each participant to record and reconcile transactions can slow down the flow of capital and revenue recognition throughout the entire supply chain.

This duplication of effort, and the need for third-party validation of transactions, adds to the interaction and administrative cost of doing business. Additionally, the expense of an intermediary to resolve disputed transactions further increases interaction costs and also delays the reconciliation process of the other participants in the network.

In such a tightly woven network, the risk of any compromise in one participant’s system can affect every participant in the supply chain network. Incidents can include fraud, cyberattack or a simple mistake. This depletes trust, prevents automatic verification or authentication of assets, and increases costs even more.Through the use of smart contracts, we can now replace paper and complex agreements that are cumbersome, difficult to transfer and can be hard to track for the average person and even for sophisticated investors. Our solution for commodity investing (mainly in oil) would be to switch to a digital system along the lines of Ethereum, but linked to an asset.

This solution is the PERMIAN Token (XPR). Imagine a vault of oil barrels. The oil barrels are owned by "Oil-owner Inc." and the vault is owned by "Vault Inc." Vault Inc. has a spectacular reputation and third-party auditors who verify the amount of oil barrels in its vault. Oil-owner Inc. could offer a digital oil token to the investors that represents ownership of the oil barrels and through a smart contract with Vault Inc. maintain a public off-chain registry that relates fractional interest in the oil with the tokens. For every token sold, Oil-owner Inc. transfers ownership to Vault Inc., who holds it on behalf of the token owner. Vault Inc. guarantees redemption of the value price of oil barrels by anyone who can prove ownership through a digital signature. Oil-owner Inc. can take advantage of the fact that Vault Inc. is trusted (and audited). Owners of the tokens rely on Vault Inc.'s representations and not on Oil-owner Inc. (even though Oil-owner Inc. is the token issuer).
One of the main advantages would be that buyers of the tokens could know that they are the only person who has received the token, whereas a buyer of a paper certificate has no way of knowing that the same certificate hasn't been sold to multiple people.The PermianChain is the B2B-closed-loop-exchange for oil suppliers and oil buyers & traders.

The PermianChain will allow exchange of proven reserves via smart contract functionality under a crypto-economic model running on blockchain technology. The PermianChain technology and its built-in user-interface is being developed as a blockchainas- a-service for oil companies to utilize the economic-value of proven oil supply via blockchain technology. This blockchain-as-a-service technology allows oil exploration and production companies (Platform Prospects) and countries to monetize proven reserves that are yet to be produced. This will strengthen the industry’s reliability and improve business models of oil & gas companies.

When the price of crude oil is low, the high cost of upstream oil exploration and development coupled with downstream efficiency challenges forces most companies to reduce costs, almost to the point of sacrificing their future. We believe that a step change is needed in how chemicals and petroleum companies conduct business transactions. Blockchain is more than just a disruptive technology. It represents an opportunity for chemicals and petroleum companies to increase their profitability in today’s economic environment and well into the future. Permian has a deep understanding of the regulatory issues for chemicals and petroleum companies and what is required to move this next generation digital transformation forward. In the future, as blockchain-enabled business transactions become more sophisticated, business and industry networks could evolve into self-governing cognitive business networks and reduce the cost of payment transactions by an estimated 30 percent.2 Much more than a technology to automate business transactions, blockchains create a new model for trust by establishing transactional relationships between businesses via smart contracts, certifications and digital compliance. Permian is committed to developing blockchain solutions that are open, scalable and contain security features that are critically important to building business networks, such as the ability to register participants with proof of identity. Permian demonstrates this commitment by being a leading contributor to the Hyperledger Project - the Linux Foundation’s open source project that is developing the permissioned blockchain fabric that meets these needs and more. With the Permian Token we developed a solution to solve the working capital requirements of oil exploration & production companies and oil exploration and production economies, meanwhile democratizing the direct investment sector for the average investor.

The result, allowing seamless and transparent reporting of our world’s energy reserves and oil transactions under an immutable trust protocol (the blockchain). The PermianChain also solved theoretical and technological issues of oil exploration & production by allowing public and private sector to sell proven reserves yet to be produced via blockchain technology under a closed-loop-B2B-Exchange (the “PermianChain”). The PERMIAN Token Offering will launch 10 billion XPR tokens. It is our intention that at least 8.0 billion XPR will be sold during the Initial Token Offering (ITO) stages at $0.10 per token. Where we anticipate that 87.5% of the funds raised will go into oil campaigns and acreage with proven reserves. Whereas over 6% will be used to invest in continuous technology including blockchain and artificial intelligence for oil & gas exploration and production. Therefore, the total value of circulating XPR will eventually equal to the total value of Proven Reserves that are listed on the PermianChain.The XPR token offering will issue up to 8,000,000,000 ERC-20 tokens for investor contributions. Meanwhile, we will keep 1,000,000,000 tokens for treasury reserves to fund the community’s energy initiatives, mainly for geologists and oil & gas experts who have solid data and studies to work on.

The XPR tokens will be backed by Proven Reserves that are identified by the oil campaigns that the XPR will invest in from the funds raised during the Initial Token Offering (referred to as “Oil Campaigns”) and by the oil exploration and production companies that list their own Oil Campaigns and Proven Reserves on the PermianChain platform (referred to as “Platform Prospects”). PermianChain tokenizes Proven Reserves to support Permian Token (XPR) related assets and operations. XPR enables digital transfer of underlying assets value in the form of digitized value of oil under standard conditions. Thus, allowing the utilization of XPR's substantial physical and Proven Reserves as a means to facilitate commercial and consumer transactions around the world. As a reserve digital currency, we expect XPR will become a critical instrument for preservation of wealth and an ever expanding range of commercial and consumer activities using blockchain technology for digitized store of value.

From first day to today, INGOT Coin always targets to be the bridge between cryptocurrency and traditional financial markets through its platform, banking services, and IC brokerage. Estonia stationed, Ethereum blockchain based ecosystem aims to revive lost unity and demands to both markets through the establishment of 6 components that work together, under a single roof. Aim of INGOT Coin is to create an unprecedented, a first-of-its-kind revolutionary ecosystem based on Blockchain technology that will link newly developed crypto markets with the currently existing financial markets eliminating inefficiencies, while providing a one-stop ecosystem that enables participants to perform and execute transactions according to their financial needs.

INGOT Coin has already started to shape the future of the financial markets by collecting soft cap, receiving over $40,000,000 USD. INGOT Coin team is grateful for investors’ trust in INGOT Coin project and proud to launch a decentralized financial ecosystem together with you. The ultimate goal is always reaching higher at INGOT Coin, so the hard cap is determined where INGOT Coin needs to reach.

Marketing has the power of determining the future of the world. Marketing strategy of INGOT Coin is to send the right message to the right people at the right time using the right channel. INGOT Coin achieves this will live till another age of evolution. INGOT Coin believes to invest in values that people care, environment, and ecosystem to use for a long term. INGOT Coin provides multiple social networks, so potential investors and customers can become better acquainted with INGOT Coin service. This is one of the main benefits of INGOT Coin marketing ability.

Community is the backbone of a Project in the crypto world. INGOT Coin uses Telegram to organically gather thousands of people to own community and the INGOT Coin Network Telegram Community reached the 100,000 Telegram members in last period. INGOT Coin accomplished this milestone in a remarkably short amount of time. This is important because decentralized projects are literally powered by their communities.

Besides the marketing power of INGOT Coin, Project team has established alliances and strategic partnerships across industries in order to enable knowledge creations as well as gaining diverse perspectives from every side of the spectrum. INGOT Coin aims to cultivate a coordinated global positive community and cooperation on which the basis of integrity and transparency among its members. The perspective and plan of INGOT is to offer the community with real Utility value whether Bitcoin is at low or high level. To achieve that aim INGOT has partnered with multiple ICOs in order to provide numerous Utilities with an access from one platform. INGOT Team are working to expand further, reaching out to larger audiences and achieving the next goal (hard cap), amongst having numerous existing partnerships – Trade.io, GMEX Group, MFCHAIN, Swachhcoin, Xchain, ICO HOLDER, Coin Traffic, Zichain, Place Torrent, Bolttcoin, Hackernoon, Stella, and Bineuro. The Alliance believes that by bringing together different ICOs from different industries such as health, insurance, financial services, E-commerce and real estate, and combining the different existing Utility Functions a new meaning to Utility will be created.

The Ingot Coin group is defined to make Ingot Coin rating between the top ten cryptocurrencies all over the world. Among that background, they are constantly hard at work, try to intensify the formation and reach of INGOT Coin throughout the world. INGOT is creating an interrelated global community of trust and collaboration with its highly obvious platform. INGOT is balanced to give power back to the people by making them take total control of their finances.

The market comes up and down clearly when looked at from a long-term time-frame, but when you are trading hour by hour, they cannot afford to watch a losing position fall further and further into loss.

Market way was a clear warning sign for investors. Market way is crucial and lets you know whether you should be looking to purchase coins, take profits or move to cash. In a confirmed uptrend, most coins/tokens are likely to increase and leading coins are more likely to deliver huge gains. In a bear market, even top-rated projects find it hard to make headway. When the market is under pressure, breakouts may happen but are more likely to fail, and other leading coins struggle.

There are several likely reasons behind the decrease. Goldman Sachs has been one of the major banking institutions which had showed real interest in Bitcoin, having funded Bitcoin startup Circle back in 2015, and reportedly mulled the idea of launching a crypto trading desk since late 2017. While the concern that institutions are mislaying interest in cryptocurrencies is a valid enough reason for caution, crypto traders become visible to be more concerned about dangers hiding in the shadows of black-market platform Silk Road. A Reddit user has pursued more than 111,000 thousand bitcoins (worth more than $700 million) associated with Silk Road, that have recently been transferred to wallets of various online exchanges, possibly with the purpose to sell. Huge amounts of bitcoins being moved to exchange wallets give traders the shakes, as it likely means a lot of selling pressure on the price. In any case, the crypto market's upward momentum that started August has been brought to a screeching halt. The crypto world is still eagerly awaiting SEC's decision on a few proposed Bitcoin ETFs, which should come in late September, A positive ending to that could finally give the crypto market the kick in the butt that it needs, while a negative one would likely drive the prices even lower

We look at history when we intend to make a prediction about future events. Have there been any similar incident in the past? How did the incident end? Many people believe the future can be predicted partially. In late 2013, The price of Bitcoin went from $100 to about $1,000 after a series of very positive events (culminating in the famous Bitcoin Lovefest Senate Hearing). Many of the current cryptocurrency blockchain founders were apart of the industry, but only really got serious about the industry after this event. What followed this was a long bear market that didn’t fully bottom out until January of 2016, and didn’t fully recover until 2017. While the industry kept active and continued to innovate, the market didn’t reflect this change until 2017.bIf we look at what the overall market looks like today, it’s easy to see a resemblance to this event I’m not one to rely on similar looking charts to make decisions about a market, but the circumstances and the subject matter are too similar to chalk up to coincidence.

INGOT Coin (IC) aims to integrate the traditional financial industry with the blockchain innovation by offering a complete Ecosystem that provides crypto holders the access to all financial services. The first of all-inclusive Ecosystem will be the pioneer in linking the crypto universe to the current traditional world. INGOT Coin will comprise an unique solution by integrating 6 basic components of financial ecosystem and providing a one-stop-shop for the digital asset, traditional asset and currency markets to solve challenges by creating a link between the crypto market and the traditional market. The IC Ecosystem will establish 6 different components to work hand in hand under one umbrella, proving all community members the chance to capitalize on upcoming opportunities in all markets. The Ecosystem’s components, as shown below, are the IC Wallet, IC Exchange, IC Brokerage, IC Digital Bank IC Certifier and IC ICO Accelerator.

INGOT Coin aims to create an unprecedented, a first-of-its-kind revolutionary ecosystem based on Blockchain technology that will link newly developed crypto markets with the currently existing financial markets eliminating inefficiencies, while providing a one-stop ecosystem that enables participants to perform and execute transactions according to their financial needs. Among that background, they are constantly hard at work, try to intensify the formation and reach of INGOT Coin throughout the world. INGOT is creating an interrelated global community of trust and collaboration with its highly obvious platform. INGOT is balanced to give power back to the people by making them take total control of their finances.

Smart contracts are self-executing contracts based on agreed criteria and written in code, removing the ambiguity of terms and reducing the requirement for lawyers to draft and interpret. When the criteria of the contract are fulfilled, ownership or payment, for example, will be automatically transferred. A smart contract could be amended if the parties agree, and would maintain a record of all versions and amendments to the contract. It then would automatically complete once the criteria of the most up to date version are satisfied. Criteria could include payment or even government approval for the transaction. This may save time and costs for interpreting legal terms and tracking records, and government authorities could potentially access relevant parts of contracts to audit or pre-approve the taxation treatment. Joint ventures are common in the oil and gas industry and generally require a suite of complex agreements (for example, relating to the sharing of costs or revenues), which could be implemented as smart contracts. Most contracts contain audit clauses giving the parties the right to audit each other to make sure that all parties are complying with the contract. Introducing a blockchain ledger to record joint venture transactions and using smart contracts to define, negotiate, and execute the contractual conditions will provide all involved parties, including the tax authorities, with transparency and consensus on what has occurred. This single audit trail, agreed upon by all participants, will significantly reduce the effort needed to ensure timely tax compliance and reporting, as well as the effort needed by the tax authorities to understand tax positions. As part of a global industry, oil and gas companies have to consider double taxation and transfer pricing implications. The use of smart contracts for transfer pricing profit allocation is another area of potential for simplification, increased transparency, and overall cost reduction.

Through the use of smart contracts, we can now replace paper and complex legal agreements that are cumbersome, difficult to transfer and can be hard to track for the average person and even for sophisticated investors. Our solution for commodity investing (mainly in oil) would be to switch to a digital system along the lines of Bitcoin but linked to an asset. This solution is the PERMIAN Token (XPR). Imagine a vault of oil barrels. The oil barrels are owned by ""Oil-owner Inc."" and the vault is owned by ""Vault Inc."" Vault Inc. has a spectacular reputation and third-party auditors who verify the amount of oil barrels in its vault. Oil-owner Inc. could offer a digital token to the public that represents ownership of the oil barrels and through a smart contract with Vault Inc. maintain a public off-chain registry that relates fractional interest in the gold with the tokens. For every token sold, Oil-owner Inc. transfers ownership to Vault Inc., who holds it on behalf of the token owner. Vault Inc. guarantees redemption of the value price of oil barrels by anyone who can prove ownership through a digital signature. Oil-owner Inc. can take advantage of the fact that Vault Inc. is trusted (and audited). Owners of the tokens rely on Vault Inc.'s representations and not on Oil-owner Inc. (even though Oil-owner Inc. is the token issuer). One of the main advantages would be that buyers of the tokens could know that they are the only person who has received the token, whereas a buyer of a paper certificate has no way of knowing that the same certificate hasn't been sold to multiple people.

The world of cryptocurrency is rapidly changing and evolving. Innovators and entrepreneurs are constantly introducing new cryptocurrencies, each promising new and varying characteristics to attract investors and users. Global official sector reaction to cryptocurrencies varies as the decentralized technology does not fit easily into existing regulatory definitions and structures. This sector will likely continue to be cautious as it monitors the risks to financial integrity, consumer protection, financial stability, tax evasion and treatment, and monetary policy. Leaders in regulation, like Japan, are likely to set the standard for the rest of the world in a scenario where the borderless nature of cryptocurrencies requires a cohesive and collaborative effort.

The cryptocurrency world is an unstable and volatile place, constantly shift between bear market and bull market periods. Some investors are taking advantages of this and others not so much. Reaching a stable value cryptocurrency has long been the target of many projects that aim to take crypto a step beyond just a middle of exchange and into the land of a store of value. If I put $10.000 into Bitcoin, Ethereum or Ripple today, nobody can be guaranteed what it will be worth tomorrow which puts off businesses and everyday users that want to use crypto beyond just a speculative investment as a method to accept payments or pay salaries. Mass adoption is the ultimate aim for cryptocurrencies, but a stable cryptocurrency is needed in order to achieve that. Cryptocurrencies are reacting more like stocks and less like currency with their incredible volatility. They give more incitements to trade with them, not to pay with them. The concept of making a stable cryptocurrency is complicated. Many have tried to create such a coin and failed. In time the crypto markets will get well founded, leading to a more stable nature of the top cryptocurrencies. The crypto markets are becoming increasingly more competitive, because they are some of the easiest to trade on.

The justification for the big fluctuation of cryptocurrency prices is the supply and demand. The supply is more or less fixed but the demand is always changing due to people’s behavior and speculation. A normal currency can have a broad use, it can store value and be a unit of exchange. You can’t have a currency that isn’t backed by value. Fiat currencies are collateralized by assets and gold. If they weren’t, they would depreciate fast. Though most banks are printing money at some rate, the US dollar is the only currency that can be printed without limit from the US central bank. But the problem with printing infinite amounts of money is that they will depreciate, without being backed by value. The US dollar is experiencing something like this. Compared to the stable Euro, the US dollar is losing value at an alarming rate. A solution for this problem is currently being talked about and is planned for the future. But a solution for the stability of cryptocurrencies is something else.

With all of the talk of cryptocurrencies in today’s news, there are necessarily always going to be questions raised about “why does this have any value?” Even at face value, it’s definitely not the case when talking about cryptocurrencies as a movement generally, but even on top of that, there are certain cryptocurrencies that carry a lot more weight to them — and that’s where the INGOT Coin system comes into play.

Though there is plenty of fair skepticism of any new asset class in the expanding world of FinTech and cryptocurrencies, there are also certain coins that stick out a lot more than others. While plenty of coins and tokens rely mainly on public perception of value or speculation about the potential for value in the future, the INGOT family of coins is the first to come to the market to offer real, tangible value for the cryptocurrency. INGOT Coin will create a complete solution by integrating 6 core ecosystem components and providing a one-stop-shop for the digital asset, traditional asset and currency markets to solve all the above-mentioned challenges, thus, creating a link between the crypto market and the traditional market. The IC Ecosystem will establish 6 different components to work hand in hand under one umbrella, providing all community members the chance to capitalize on upcoming opportunities in all markets. The Ecosystem’s components, as shown below, are the IC Wallet, IC Exchange, IC Brokerage, IC Digital Bank, IC Certifier and IC ICO Accelerator.

INGOT Coin will provide a platform that meets the needs of beginner as well as advanced traders to trade with minimal initial capital. IC will also provide its own cryptocurrency, which will be available on different exchanges for all investors and market participants to purchase. IC will show no bias towards any market participant and will provide fair and equal opportunities to all participants regardless of size of trade, type of order or initial capital.

To ensure no means for market manipulation and leakage of unethical or illegal money in the Ecosystem, the KYC and AML policies must suffice and exceed the needs of all parties, whether its regulators, banks, brokers or exchanges. The KYC and AML compliance may seem strict to some investors; however, this is a necessary procedure to ensure the safety of the Ecosystem and all stakeholders. This is done to make the Ecosystem trustworthy, secure, transparent and compliant; consequently, filling the Ecosystem’s singular KYC allows participants to open one account in the IC Digital Bank, the IC Exchange, the IC Brokerage, and the IC wallet simultaneously to trade crypto, fiat, and traditional instruments hereon after.

One of the major features of blockchain technology is the transparency it offers to any industry that utilizes its technology. Data sharing facilitated by third parties will be eliminated.This transparency feature can greatly benefit key industry processes such as the selection of partners for new projects, the reporting of revenues accrued from production, and joint interest billing. Blockchain technology could also bring down compliance cost to the bare minimum, and improve the speed of decision making if companies start utilizing tools that enables safe data sharing on the blockchain network.
Additionally, blockchain technology will help companies provide a more transparent reporting of their production revenues to the US Department of the Interior’s Office of Natural Resources Revenue which would reduce their risk of being charged hefty fines for misreporting operational revenues. Through the use of smart contracts, we can now replace paper and complex legal agreements that are cumbersome, difficult to transfer and can be hard to track for the average person and even for sophisticated investors. Our solution for commodity investing (mainly in oil) would be to switch to a digital system along the lines of Bitcoin but linked to an asset. This solution is the PERMIAN Token (XPR). Imagine a vault of oil barrels. The oil barrels are owned by ""Oil-owner Inc."" and the vault is owned by ""Vault Inc."" Vault Inc. has a spectacular reputation and third-party auditors who verify the amount of oil barrels in its vault. Oil-owner Inc. could offer a digital token to the public that represents ownership of the oil barrels and through a smart contract with Vault Inc. maintain a public off-chain registry that relates fractional interest in the gold with the tokens. For every token sold, Oil-owner Inc. transfers ownership to Vault Inc., who holds it on behalf of the token owner. Vault Inc. guarantees redemption of the value price of oil barrels by anyone who can prove ownership through a digital signature. Oil-owner Inc. can take advantage of the fact that Vault Inc. is trusted (and audited). Owners of the tokens rely on Vault Inc.'s representations and not on Oil-owner Inc. (even though Oil-owner Inc. is the token issuer). One of the main advantages would be that buyers of the tokens could know that they are the only person who has received the token, whereas a buyer of a paper certificate has no way of knowing that the same certificate hasn't been sold to multiple people.

There is ofcourse an element of pride and possessiveness due to rarity of items as well like vintage cars or precious paintings, but not of raw gold.
How is TIM going to add value?
TIM Blockchain provides 4 breakthroughs:
Fast Mainnet
Subchains where you transact in your own tokens
Geonode for Enterprise Level Security
Hyperlocal Dapps to host taxi, e-commerce and other such nearby selling apps
Each of the above 4 listed features is going to push the crypto adoption curve. If you look at the last 3 major technologies like radio, TV and internet, their adoption curve(S-curve) is very insightful.
There were certain events which led to mass usage of these technologies. For example, radio became portable and industry usage due to war and trade pushed its adoption. Industrial revolution led mechanisation led to need entertainment in newer ways which led to penetration of TV. The technology obviously helped in making the cathode ray tubes more smaller and safe for home use.
This way, we predict the adoption of cryptos to be even faster once safety and usability are established. This is where TIM Blockchain’s enterprise level security by Geonodes and high performance mainnet can help. One should also note that it is not just cyber security, but also regulatory security provided by TIM’s subchains where TIMs are not required for each transactions but only staking. This enables the subchains to make cryptoless transactions thus eliminating one of the key problems of toxicity of cryptos. Cryptocurrencies are mined by many unknown and uncensored group of entities who cannot be managed by any KYC or AML process. One doesn’t know for how these miners acquired their mining devices or resources. Therefore involving cryptocurrencies in transactions is considered as toxic by regulators, and a key reason why Bitcoin and Ethereum are finding hard to please any regulatory approvals.

TIM driven adoption curve — Security, Performance, Efficiency — 100 Million TPS
The above graph tries to depict the adoption drive of cryptos led by TIM Blockchain. Security is of paramount importance. After which businesses and communities can reliably build their products and services on high performance architecture of TIM. TIM can scale upto 100 Million Transactions per second. And this phenomenal speed is required to serve many of the major and micro-transactions for both money as well as valuable information transactions. And lastly, communities will use the geolocation aware network of TIM to host, search and sell their services on Hyperlocal network. Hyperlocal network comprises of all users of TIM who can be identified by their interests. And one can create a commerce for these users based on these interests, based on approval and solicitation mechanism.
So what? Why Invest?
By investing in ICO, you stand to get a large share of tokens at a much lower cost than their utility value. This enables you to host a fast and futuristic business on blockchain of TIM or similarly help some other businesses to help them establish it. TIM Blockchain is going to disrupt how e-commerce is done, and in a collaborative way. And owners of TIM tokens stand to gain from early disruption readiness.

Innovators and entrepreneurs are constantly introducing new cryptocurrencies, each promising new and varying characteristics to attract investors and users. Global official sector reaction to cryptocurrencies varies as the decentralized technology does not fit easily into existing regulatory definitions and structures. This sector will likely continue to be cautious as it monitors the risks to financial integrity, consumer protection, financial stability, tax evasion and treatment, and monetary policy. Leaders in regulation, like Japan, are likely to set the standard for the rest of the world in a scenario where the borderless nature of cryptocurrencies requires a cohesive and collaborative effort.

The cryptocurrency world is an unstable and volatile place, constantly shift between bear market and bull market periods. Some investors are taking advantages of this and others not so much. Reaching a stable value cryptocurrency has long been the target of many projects that aim to take crypto a step beyond just a middle of exchange and into the land of a store of value. If I put $10.000 into Bitcoin, Ethereum or Ripple today, nobody can be guaranteed what it will be worth tomorrow which puts off businesses and everyday users that want to use crypto beyond just a speculative investment as a method to accept payments or pay salaries. Mass adoption is the ultimate aim for cryptocurrencies, but a stable cryptocurrency is needed in order to achieve that. Cryptocurrencies are reacting more like stocks and less like currency with their incredible volatility. They give more incitements to trade with them, not to pay with them. The concept of making a stable cryptocurrency is complicated. Many have tried to create such a coin and failed. In time the crypto markets will get well founded, leading to a more stable nature of the top cryptocurrencies. The crypto markets are becoming increasingly more competitive, because they are some of the easiest to trade on.

The justification for the big fluctuation of cryptocurrency prices is the supply and demand. The supply is more or less fixed but the demand is always changing due to people’s behavior and speculation. A normal currency can have a broad use, it can store value and be a unit of exchange. You can’t have a currency that isn’t backed by value. Fiat currencies are collateralized by assets and gold. If they weren’t, they would depreciate fast. Though most banks are printing money at some rate, the US dollar is the only currency that can be printed without limit from the US central bank. But the problem with printing infinite amounts of money is that they will depreciate, without being backed by value. The US dollar is experiencing something like this. Compared to the stable Euro, the US dollar is losing value at an alarming rate. A solution for this problem is currently being talked about and is planned for the future. But a solution for the stability of cryptocurrencies is something else.

With all of the talk of cryptocurrencies in today’s news, there are necessarily always going to be questions raised about “why does this have any value?” Even at face value, it’s definitely not the case when talking about cryptocurrencies as a movement generally, but even on top of that, there are certain cryptocurrencies that carry a lot more weight to them — and that’s where the INGOT Coin system comes into play.

Though there is plenty of fair skepticism of any new asset class in the expanding world of FinTech and cryptocurrencies, there are also certain coins that stick out a lot more than others. While plenty of coins and tokens rely mainly on public perception of value or speculation about the potential for value in the future, the INGOT family of coins is the first to come to the market to offer real, tangible value for the cryptocurrency. INGOT Coin will create a complete solution by integrating 6 core ecosystem components and providing a one-stop-shop for the digital asset, traditional asset and currency markets to solve all the above-mentioned challenges, thus, creating a link between the crypto market and the traditional market. The IC Ecosystem will establish 6 different components to work hand in hand under one umbrella, providing all community members the chance to capitalize on upcoming opportunities in all markets. The Ecosystem’s components, as shown below, are the IC Wallet, IC Exchange, IC Brokerage, IC Digital Bank, IC Certifier and IC ICO Accelerator.

INGOT Coin will provide a platform that meets the needs of beginner as well as advanced traders to trade with minimal initial capital. IC will also provide its own cryptocurrency, which will be available on different exchanges for all investors and market participants to purchase. IC will show no bias towards any market participant and will provide fair and equal opportunities to all participants regardless of size of trade, type of order or initial capital.

To ensure no means for market manipulation and leakage of unethical or illegal money in the Ecosystem, the KYC and AML policies must suffice and exceed the needs of all parties, whether its regulators, banks, brokers or exchanges. The KYC and AML compliance may seem strict to some investors; however, this is a necessary procedure to ensure the safety of the Ecosystem and all stakeholders. This is done to make the Ecosystem trustworthy, secure, transparent and compliant; consequently, filling the Ecosystem’s singular KYC allows participants to open one account in the IC Digital Bank, the IC Exchange, the IC Brokerage, and the IC wallet simultaneously to trade crypto, fiat, and traditional instruments hereon after.

The XPR token offering will issue up to 8,000,000,000 ERC-20 tokens for investor contributions. Meanwhile, we will keep 1,000,000,000 tokens for treasury reserves to fund the community’s energy initiatives, mainly for geologists and oil & gas experts who have solid data and studies to work on. The XPR tokens will be backed by Proven Reserves that are identified as part of the oil campaigns that the XPR will invest in from the funds raised during the initial token offering of (referred to as “Oil Campaigns”) or as part of the oil exploration and production companies that list their own Oil Campaigns and Proven Reserves on the PermianChain platform (referred to as “Platform Prospects”). PermianChain tokenizes Proven Reserves to support Permian Token (XPR) related assets and operations. XPR enables digital transfer of underlying assets value in the form of digitized value of oil under standard conditions. Thus, allowing the utilization of XPR's substantial physical and Proven Reserves as a means to facilitate commercial and consumer transactions around the world. As a reserve digital currency, we expect XPR will become a critical instrument for preservation of wealth and an ever-expanding range of commercial and consumer activities using blockchain technology for digitized store of value.

Guys I have bought BNC and send it to MEW. Do I need to do anything else? Thanks in advance.

If entrepreneurs always waited for consumers to tell them what they want, we wouldn’t have innovation. No one told Steve Jobs they wanted a little box with just a few buttons that could play all their favorite songs. We already had Discman, and we didn’t know we wanted the iPod until it was right in front of us.

The Genesis of iPowow

Back in the late Nineties I was working at a London-based TV production company. The idea was to provide viewers with a little box with plastic buttons labeled, “A, B, C, and D” that would allow them to interact live with the TV show’s host. For example, if the guest today was Brad Pitt, a question might pop up on screen with four choices like this:

What topic do you want to hear next?

Pitt’s upcoming epic sci fi thriller, Ad Astra

What happened to Angelina Jolie?

Best and worst Hollywood experience

Acting vs. producing

Viewers could then select their choice and ultimately determine the direction of the show they’re watching. In the late Nineties, the technology wasn’t where it needed to be to make interactive TV possible. But the idea of providing viewers with opportunities to engage directly with their favorite shows stuck with me.

For the next decade I produced, scripted or edited TV shows such as “BBC Top Gear,” “MasterChef,” “So You Think You Can Dance,” “Big Brother,” and “MythBusters.” It seemed I was the only one asking how we could get the audience engaged in real-time. Why? No viewers were asking to engage with the TV show in real-time, so why change them? This is why what’s next is more important than what’s now.

In 2010, technology had developed to a place where the idea of connecting viewers directly to TV shows in real time was finally possible. I worked with a team of engineers and TV producers to build the first prototype for iPowow. A year later, our technology allowed Sports Center to pose a question live on air to the audience like, “Who will win the superbowl this year?” Viewers use their phones to go to the Sports Center vote page to pick their team and the results of the poll show up in real time in the TV studio. Viewers feel more connected to the show, and Sports Center and their sponsors learn more about their viewers.

Turns out people do want to engage more with their favorite content, but they just didn’t know it. When we presented iPowow to TV executives at Disney, Fox, and NBC, they all went for it. We’ve since worked with all the major TV networks and Fortune 500 brands from Coca Cola, to Samsung, to Lexus.

If I’d asked viewers what they wanted to change about their TV experience in 1996, they may have told me they liked it just the way it was. This is why the mantra of what’s next drives me to continue iterating novel solutions for iPowow rather than resting on our laurels as a globally known technology for enabling participation TV.

The next development for iPowow takes engagement to the next level. We are building an initiative called the HIT Protocol, which enables viewers to get paid for watching and engaging with their favorite shows. No one asked us for this invention because people didn’t know it was possible. The advent of blockchain changed that, as the technology allows for the tokenization of activities like watching and participating in TV shows.

Here are 3 steps for anticipating what’s next instead of what’s now:

Read the signs

Though people may not be conscious of what they desire beyond the here and now, they will leave hints about what they may want in the future. This is actually how Facebook and other tech platforms know more about their users than users know about themselves. People leave clues to their unconscious desires through their actions and behaviors. Facebook has been known to predict whether a user will get married or get divorced before the user has consciously made that decision.

Trust your instincts

It’s always a good idea to listen to mentors and those who came before you, but at some point you have to trust that voice in your head (or the gut feeling you get) and go for it. If I’d listened to and accepted the way things were all those years I worked in television, I never would have built that first prototype with iPowow.

Don’t stop

If you’ve successfully built a product that people want and use, great! That’s hard to do, but don’t stop there, because there’s always the next thing. This is why, despite iPowow’s work and relationships across the TV and media industry, we are now developing the HIT Protocol to further deepen the bond between viewers, content, and brands.Where do I get the most up-to-date information?

Medium: https://medium.com/@HitProtocol
Telegram: https://t.me/joinchat/GbhICkzlix0FAiTlQIzufA
Reddit: https://www.reddit.com/r/HITPROTOCOL
Twitter: https://twitter.com/HitProtocol

The bionic token will create a new token called BioX. They will airdrop it to BNC holders at a ratio of 1 to 10. This new token will get listed in many exchanges and the money earned from this token will be used to list BNC in major exchanges.

According to the Central Intelligence Agency’s website, there are 1.665 trillion barrels of oil recoverable globally. On the other hand, a report by BP suggested that we have 53 years of proven oil supply left. Just 53 years! This brings about an opportunity to work towards democratizing our world’s proven reserves. Meanwhile, monitoring and potentially preserving our world’s oil supply via blockchain technology under a crypto-economic model that also monetizes proven undeveloped oil supply. On the investment side, the Permian Token opportunity allows for direct equity crowdfunding participation by token contributors under a trust-protocol that allows them to benefit from oil supply that is proven to be available but not yet produced. The Strategy With the Permian Token we developed a solution to solve the working capital requirements of oil exploration & production companies and oil exploration and production economies, meanwhile democratizing the direct investment sector for the average investor. The result, allowing seamless and transparent reporting of our world’s energy reserves and oil transactions under an immutable trust protocol (the blockchain). The Company also solved theoretical and technological issues of oil exploration & production by allowing public and private sector to sell proven reserves yet to be produced via blockchain technology under a closed-loop-B2B-exchange (the “PermianChain”). 11 The PERMIAN Token Offering will launch 10 billion XPR tokens. It is our intention that at least 8.0 billion XPR will be sold during the ITO stages at $0.10 per token. Where we anticipate that 87.5% of the funds raised will go into oil campaigns and acreage with proven reserves, also referred to as P90. Whereas over 6% will be used to invest in continuous technology including blockchain and artificial intelligence for oil & gas exploration and production. Therefore, the total value of circulating XPR will eventually equal to a portion of the total value of Proven Reserves that are identified until each barrel of oil in proven reserves is produced and sold.

In March 2018, TIM Blockchain team published a new and pathbreaking model for how cryptography based digital assets, namely cryptocurrencies or tokens. It was based on simple premise of utility value, which means that any asset should be as valuable as its usefulness. Gold is valued based on its chemical and physical properties proven by science and meta-physicists, where it is used in making computers faster than copper, and invoking positive energies in your body or nature based on feng-shui or other such fields. A car is as valuable as smoother ride, reliability and increased life’s efficiency due to it. There is ofcourse an element of pride and possessiveness due to rarity of items as well like vintage cars or precious paintings, but not of raw gold.
How is TIM going to add value?
TIM Blockchain provides 4 breakthroughs:
Fast Mainnet
Subchains where you transact in your own tokens
Geonode for Enterprise Level Security
Hyperlocal Dapps to host taxi, e-commerce and other such nearby selling apps
Each of the above 4 listed features is going to push the crypto adoption curve. If you look at the last 3 major technologies like radio, TV and internet, their adoption curve(S-curve) is very insightful.
There were certain events which led to mass usage of these technologies. For example, radio became portable and industry usage due to war and trade pushed its adoption. Industrial revolution led mechanisation led to need entertainment in newer ways which led to penetration of TV. The technology obviously helped in making the cathode ray tubes more smaller and safe for home use.
This way, we predict the adoption of cryptos to be even faster once safety and usability are established. This is where TIM Blockchain’s enterprise level security by Geonodes and high performance mainnet can help. One should also note that it is not just cyber security, but also regulatory security provided by TIM’s subchains where TIMs are not required for each transactions but only staking. This enables the subchains to make cryptoless transactions thus eliminating one of the key problems of toxicity of cryptos. Cryptocurrencies are mined by many unknown and uncensored group of entities who cannot be managed by any KYC or AML process. One doesn’t know for how these miners acquired their mining devices or resources. Therefore involving cryptocurrencies in transactions is considered as toxic by regulators, and a key reason why Bitcoin and Ethereum are finding hard to please any regulatory approvals.

TIM driven adoption curve — Security, Performance, Efficiency — 100 Million TPS
The above graph tries to depict the adoption drive of cryptos led by TIM Blockchain. Security is of paramount importance. After which businesses and communities can reliably build their products and services on high performance architecture of TIM. TIM can scale upto 100 Million Transactions per second. And this phenomenal speed is required to serve many of the major and micro-transactions for both money as well as valuable information transactions. And lastly, communities will use the geolocation aware network of TIM to host, search and sell their services on Hyperlocal network. Hyperlocal network comprises of all users of TIM who can be identified by their interests. And one can create a commerce for these users based on these interests, based on approval and solicitation mechanism.
So what? Why Invest?
By investing in ICO, you stand to get a large share of tokens at a much lower cost than their utility value. This enables you to host a fast and futuristic business on blockchain of TIM or similarly help some other businesses to help them establish it. TIM Blockchain is going to disrupt how e-commerce is done, and in a collaborative way. And owners of TIM tokens stand to gain from early disruption readiness.

Blockchain can increase project transparency, decrease investor risk and develop into an effective financing tool for quality blockchain projects.Most of ICO’s fail because their product contribution is not needed as well as the fact that no major hearing can link with the product. They don’t make sure you conduct intensive market research to make sure that there actually is a need for the initial coin offering concept they are trying to create. Projects make sure they try and create a real functional token economy that makes sense and has a reason for existing. People see many initial coin offerings out there that exist just for the sake to make money. These ICO’s are mostly scams and will fail.

Because a company is holding an ICO, does not necessarily mean that their product has anything to do with blockchain technology — just that they have tokenized their fundraising efforts using a platform. INGOT Coin aims that using blockchain technology is better, and investors need to be aware of why. Investors need to question if it makes good business sense to invest in a company based purely on its use of blockchain technology.

INGOT Coin ensures that funds and personal data are secured during and after ICO. In addition, the team ensures legal compliance not only in the country of registration, but also in all the countries where project operations and token use are planned. INGOT Coin uses transparent legal structure and provides clear justification for blockchain and own utility token. INGOT Coin team is sure to test MVP if and consider how well it aligns with the promises made in the white paper, satisfies the use case, and demonstrates the advantages over other offerings in the space. We give importance that MVPs should have users, investigate any available customer feedback and how the team has responded. INGOT Coin believes that our brand is the face of our offering and the more time we take to create a good brand identity, the better the rest of our marketing communications will be.

INGOT Coin started to shape the future of the financial markets by collecting their soft cap, receiving over $40,000,000 USD. The team behind INGOT Coin announced that the Pre-token sale is officially closed after successfully raising $40,000,000 USD. In addition to this great new, all INGOT Coin holders can now use their ICC in our Brokerage, INGOT Brokers, and start trading over +1000 instruments. 1 ICC equals 1 USD and will be deposited accordingly in INGOT Brokers.

INGOT Coin ICO phase will finished at 10th October. Based on INGOT Coin extensive financial model, we have placed a hard cap of $90,000,000. This number will ensure we provide the best services with optimal allocations into each component of this all-inclusive ecosystem. Everything is going on right now and Dev team is already working on all our product under the favor of reaching the soft cap target. Team has continued to build innovative product and not waiting for finish of our ICO. INGOT Team believes that victory will be the true workers!!

The blockchain network comprises of nodes, i.e., distributed servers. All the nodes can accept and process the transaction. The nodes on the network share information about the candidate transaction. As much as the logic/tech part of it sounds confusing, the business models are so much easier to understand and are really impressive.TIM is enterprise ready. Amongst many, few applications of TIM blockchain are discussed below:
Enterprise blockchain: TIM can scale from 100 TPS to 100 Million TPS by dynamically sharding in smaller shards and maintaining a global consensus of every transaction through two layers of graph and blockchain. Thus, TIM provides an unprecedented level of performance and cross commerce opportunity for hosting transaction-based businesses, i.e. finance, banking, logistics, ecommerce, etc. The crossindustry commerce is highly frictional due to huge amount of integration required. For example, to create a partnership between logistics and healthcare business, one needs to integrate two different types of ERP systems, CRM, and EDI (electronic data exchanges). Even the same industry verticals can benefit from TIM blockchain. Like consumer banking and fx-trading businesses can become seamless using secure, encrypted and anonymous features to quickly move their inventories with least amount of integration. Below image shows one of the TIM venture in banking space.
TIM is also developing free Taxi service on fee free subchain. The taxi service will run on the smart contract. This will cut down / disrupt aggregator services like Uber and Ola in the developing nations charging very high commissions up to 30 % from taxi drivers.

Government Blockchain: Seamless Global Currencies - TIM blockchain is going to host electronic currencies for governments and regional unions. The possibilities are endless for faster trade and commerce, banking transparency as well as frictionless settlements. $TIM is the internal money of TIM blockchain to manage the trust and consensus of the humongous TIM network. The currencies of the governments and their supplies can be controlled by the central banking regulators based on their own bespoke demands. This provides unprecedentedlevel of access to various kinds of economic opportunities and control over the bad actors. High performance network of TIM blockchain ensures that all the currency businesses for all the nations can be hosted on a single network and also without any direct mining fees. The currencies are hosted in a hybrid of main-net and subchains so that only they have minimal presence on main network for optimal control and lowest mining fees. All the major businesses are handled in fee free subchains of TIM.
Personal Blockchain: Fee Free subchains to be your personal blockchain - TIM can host 2^60 subchains which are protected by fee free challenger nodes. With same level of performance and security as TIM network, subchains can be your new email address or health record or roaming data storage like dropbox. There are a host of benefits where such a mailbox could be totally encrypted and free of any advertising or profiling your communications. It can be used for other services like one can pay for what you use for storage or bandwidth.

Why would deposit methods influence the ranking of an exchange? Because when customers have determined to trust a certain place, they tend to put to the same site. Such manners mean that consumers present to have a range of selection for depositing and withdrawing fiat/crypto. If you are new to bitcoin, you may have heard mainstream media reports about how “bitcoin was hacked” or something similar.

What actually happens is that bitcoin exchanges do themselves get hacked. This has nothing to do with bitcoin the protocol – which remains incredibly secure and has never been compromised since its creation Sometimes we think that the creators actually asked themselves: “how can we make this as hard as possible for new users to understand?” It is really important to start off simple.

Don’t try use a decentralized exchange if this is your first day on bitcoin. It’s good to research each site’s customer service records before depositing. Some places are really fast to respond to customer queries, while others may take days to get back to you.

IC Exchange will be integrated securely with the IC Wallet, IC Brokerage and IC Digital Bank through a user-friendly platform, a full fledge cryptocurrency exchange. The exchange will be listing major coins and newly issued ICOs to provide a complete diversified coin spectrum for market participants.

The coins will be listed against other cryptos, fiat currencies and traditional financial instruments such as ETFs, and commodities. By incorporating the IC Exchange with the other components, investors are able to take a new route in terms of trading their cryptocurrencies and diversifying their portfolios.

The IC Exchange will approve several software solutions from other platform providers and exchanges that can be used for trading. The trade at any online electronic exchange platform happens when the best buy order (order with highest bid price) is matched with the best sell order (order with lowest ask price) on price-time priority basis.

IC Exchange will have a full order book directly connected with major crypto exchanges and global markets. The full order book provides the necessary liquidity to instantly buy and sell crypto pairs with the tightest spreads, which ensures significant volume of transactions from day one. Liquidity will be ensured by linking exchange books under the IC Exchange umbrella.

Meanwhile, the IC Brokerage’s order book will be linked to the actual traditional exchanges such as CME, NASDAQ and others in order to insure execution at the most efficient price without any additional cost by intermediaries. For the delivery of an order in terms of crypto versus traditional assets, the seller will transfer value of the crypto to the buyer’s wallet, and the buyer will transfer value of fiat to the seller’s IC Digital Bank account.

Simultaneously as the order is matched and delivered to the users, the seller’s IC Brokerage account reflects the new fiat value available in the IC Digital Bank account, then the system completes the order by purchasing the user’s choice of traditional asset. In the latter scenario, the active components delivering the order are the IC Wallet, IC Digital Bank, IC Brokerage and the IC Exchange, using the order matching system to connect the buyer and seller together, reads and facilitates the type of transaction and its implications in the Ecosystem.

INGOT will use the Distributed Ledger Platform Asset Issuance Module which will provide its Ecosystem participants with an environment to list their newly issued coins and pair them against fiat and other available cryptocurrencies.

The Permian Token (XPR) is a Tokenized Asset Offering (TAO) which establishes an open, secure, transparent direct oil & gas investment ecosystem powered by blockchain technology. Imagine an oil company owning land that has proven reserves of 100 million barrels of oil equivalent (BOE). The oil barrels even though not yet produced could be tokenized by having ownership held by a company that has a standing offer to the public to redeem tokens for either a single barrel of oil or, if the redeemed tokens are less than a certain threshold, a fraction of the assessed value of the barrel of oil. Physical delivery of the oil barrels could be made at a certain location or shipped to a specified address. In this way, buyers could obtain an easy-to-transfer token and third-party markets could transact in fractions of the oil barrel price. This could potentially be a source of financing for the oil company and a way for the broader public to participate in the oil market. The Opportunity According to the Central Intelligence Agency’s website, there are 1.665 trillion barrels of oil recoverable globally. On the other hand, a report by BP suggested that we have 53 years of proven oil supply left. Just 53 years! This brings about an opportunity to work towards democratizing our world’s proven reserves. Meanwhile, monitoring and potentially preserving our world’s oil supply via blockchain technology under a crypto-economic model that also monetizes proven undeveloped oil supply. On the investment side, the Permian Token opportunity allows for direct equity crowdfunding participation by token contributors under a trust-protocol that allows them to benefit from oil supply that is proven to be available but not yet produced.