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61  Alternate cryptocurrencies / Altcoin Discussion / Re: Which ICO would you suggest for February? on: January 24, 2018, 12:58:25 PM
My top 4 for February are

1. Celcius.network - This type of project do have a future. We've seen relative success of ethlend and Celcius is way better.

2. Tutellus.io - It's already a successful business model since 2013 and now is going tokenized for global reach.

3. WePower.network - They are a serious team with serious influence in European energy market.

4. Experty.io - They are expert of what they are doing. Though I still didn't get what they are doing, they are getting a huge attention.

Seems like your top contains only 1 promising project.

1 — one more peer-to-peer platform with cashback. All peer-to-peer services are highly vulnerable for manipulation. Let me know if Celcius' business model prevents collapse when too many people borrowed money and won't get it back
2 — good idea, real market problem. However, huge pre-sale discount
3 — this one seems like really good one
4 — overadvertised and perhaps aimed to solve not existing problem.

ok, thanks for your feedback, I totally agree. What projects would you recommend?

I actually won't recommend to participate in any ICO if you want to earn money. ICO just not about it. If you want to earn money in crypto economy, buy cryptocurrencies and learn trading

most of the ICO are scam even if they have good advisors and working prototype. And honest team. Just look what happened with pre-paid plastic cards. Just 1 move by Visa and few well-funded startups are dead
62  Alternate cryptocurrencies / Altcoin Discussion / Re: Which ICO would you suggest for February and March? on: January 24, 2018, 12:57:18 PM
I'm pushing Altowl as it getting started to attract investors for their ICO. You could see altowl on coinmarketcap.com page and they're big.
I'm excited to see altowl on what they will become and I'm thankful I'm on board before they take off.

How about CEDEX? Grin
63  Alternate cryptocurrencies / Altcoin Discussion / Re: Australia's biggest gold refiner is developing its own cryptocurrency on: January 24, 2018, 12:53:26 PM
http://www.abc.net.au/news/2018-01-24/cryptocurrency-backed-by-gold-being-developed-perth-mint/9352036

Quote
Australia's biggest gold refiner, the Perth Mint, is developing its own cryptocurrency backed by physical precious metals.

The ambitious plan, which is subject to a confidentiality agreement, will make it easier for consumers to buy gold.

Media player: "Space" to play, "M" to mute, "left" and "right" to seek.
Audio: Perth Mint chief executive Richard Hayes talks about plans to develop a crypto-gold product (ABC News)

The mint also plans to make use of blockchain technology, first used as the core component of the digital currency Bitcoin, where it works as a public ledger for transactions.

In the 10 years since its inception, blockchain has been used to track transactions in industries from agriculture to land registration and the music recording industry.

For the Perth Mint, the need to bring investors back to precious metals after a boom in alternative investments such as cryptocurrencies posed an opportunity, according to chief executive Richard Hayes.

"I think as the world moves through times of increasing uncertainty, you're seeing people look for alternate offerings," he said.

Over the past 18 months, the Perth Mint has introduced an online trading platform that allows consumers to purchase the precious metal at all times of the day and night.

The introduction of a crypto-gold product would increase the accessibility of gold by consumers.

"As far as Perth Mint is concerned, gold has certainly become far more accessible to the ordinary man in the street," Mr Hayes said.

"We certainly try to make it easier and easier, within reason, for people to access precious metals. This would just be another way for them to do it."

Mr Hayes said while a date for a launch of the blockchain-allied products had not been set, he expected the next 12 to 18 months would result in significant movement in that direction.

The bit about their own online trading platform is interesting. Presumably if their gold backed cryptocurrency is a success, they might add other cryotocurrencies to their platform too.

Why should cryptocurrency to be backed by anything like a metal?
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