[Making digital currency payments work for everyone]

Making digital currency payments work for everyone

It’s great to have digital currencies, but where do you spend them?

That important question brings us to Spotcoin’s final business line: Spotpay. In our Close-up series, we’ve reviewed our OTC business line ( https://medium.com/spotcoin/five-things-you-need-to-know-about-our-otc-c177c2519cbf ), our mining operation ( https://medium.com/spotcoin/spotcoin-close-up-our-mining-operations-3e32a388709d ), and our digital exchange ( https://medium.com/spotcoin/the-face-and-the-heart-of-spotcoin-our-digital-exchange-and-spotcore-3d686ac1b23f ) with our Spotcore engine. As a finale, we want to share a bit of insight into Spotcoin’s very own webshop and retail payment concept. As part of our mission to makedigital currencies work for everyone, Spotcoin wants business transactions to become easy, integrated, and open to everyone.

What is Spotpay?
Spotpay is a merchant payment system built on a customizable digital asset payment API. Digital wallets provide consumers with fast, low-cost, and secure point of sale (POS) transactions, and merchants the freedom to select the payment structures that fit their unique needs.

Spotpay will integrate directly with Spotcore, giving users a one-stop-shop. Gone are the days of switching currencies from wallets to exchanges and back, in order to pay with the desired currency and balance. Spotpay digital wallets will integrate with Spotcore to provide instantaneous payouts at the current market price.

Where can you use it?
At Spotcoin, we envision a world where digital currency payments are just as integrated and accepted as a bank transfer or credit card payment. Spotpay opens the door, a simple widget that opens access to business worldwide.

Spotpay will provide a secure POS solution for brick and mortar retail establishments as well as an easy to use, drop-in payment widget for all major shopping cart platforms. Support will be provided in the form of open source API libraries in the following languages: PHP, Ruby, Python, Java, .NET, and NodeJS.

What currencies are supported?
In our digital exchange close-up ( https://medium.com/spotcoin/the-face-and-the-heart-of-spotcoin-our-digital-exchange-and-spotcore-3d686ac1b23f ), we reviewed the regional and standard fiat currencies as well as digital currencies supported in our exchange. These same currencies will be available for payments via Spotpay. Those include: Georgian Lari (GEL), Ukrainian Hryvnia (UAH), Romanian Lei (RON), Moldovan Leu (MDL), Russian Rubles (RUB), Bulgarian Leva (BGN), Turkish Lira (TRY), Armenian Dram (AMD) and international standard currencies Euros (EUR) and US Dollars (USD). All currencies will be paired with four core digital currencies: GAS (GAS), Ethereum (ETH), Bitcoin (BTC) and SIBCoin (SIB), with other digital currencies potentially supportable as we scale and grow.

Full flexibility
Both consumers and merchants will have the capability to indicate their preferred fiat currencies and digital currencies, and the ratio in which they wish to spend or receive them. Spotcoin’s Spotcore technology and digital asset exchange will do the math and provide an instantaneous exchange and payout in the merchant’s desired allocation. Transactions occur at the current market price, ensuring each party receives the best exchange rate on the market.

The sheer amount of currency combinations means everyone has an avenue of participation. And even better, all fees will be clearly displayed to the buyer and the seller; no unpleasant surprises.

When will it be live?
Spotpay integrates with the exchange, the mining, and the OTC. As detailed in our Whitepaper ( https://spotcoin.com/whitepaper.pdf ), Spotcoin is targeting a complete Spotpay launch by early 2020, the final puzzle piece that unlocks the smart economy for everyone.

As a SPOT token holder, will this bring me dividends?
Yes! Our SPOT dividend token provides 51% of exchange fees from our digital exchange as weekly dividends, as well as quarterly dividends of 12% of the net profits across all other Spotcoin business lines. And we do mean ALL business lines. This includes our Spotpay merchant payment system. The quarterly dividend will start the first profitable quarter and continue moving forward. Maybe you can use some of those dividend payments to get something shiny and new through Spotpay. How’s that for providing simple liquidity to the world?

If you are interested in learning more about the exchange, or our other business lines: Check out our Whitepaper ( https://spotcoin.com/whitepaper.pdf ).


Interested in more Spotcoin ?

Join our Telegram community: "https://t.me/spotcointeam" Spotcoin Team, "https://t.me/spotcoinnews" Spotcoin News , and "https://t.me/spotcoinbounty" Spotcoin Bounty .

Take a look at our complete ICO offering "https://www.spotcoin.com/token" .

Read our Whitepaper "https://www.spotcoin.com/whitepaper", for more details.

Check out our in-depth publications on Medium.com '' https://medium.com/spotcoin ''

Visit ''https://spotcoin.com'', where we make digital currencies work for everyone.

Residents and citizens of the United States and US territories are prohibited from taking part in the SPOT Airdrop and the SPOT public sales. Residents and citizens of the following countries are prohibited from taking part in the SPOT public sales: Bosnia and Herzegovina, China, Ethiopia, Iran, Iraq, North Korea, South Korea, Sudan, Sri Lanka, Syria, Trinidad and Tobago, Tunisia, Serbia, Vanuatu, Yemen

However, certified accredited U.S. investors can take part in the SPOT private sale. Chinese and South Korean investors can participate in the private sale when paying with digital currencies, after signing the SAFT form and completing the KYC /AML process. Any investment in digital currencies comes at a risk. No one should invest money that he or she can not afford to lose.

Forward-looking statements are provided to allow potential investors the opportunity to understand management’s beliefs and opinions in respect of the future so that they may use such beliefs and opinions as one factor in evaluating an investment. These statements are not guarantees of future performance and undue reliance should not be placed on them. Such forward-looking statements necessarily involve known and unknown risks and uncertainties, which may cause actual performance and financial results in future periods to differ materially from any projections of future performance or result expressed or implied by such forward-looking statements.

Although forward-looking statements contained in this email are based upon what management of the Company believes are reasonable assumptions, there can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. The Company undertakes no obligation to update forward-looking statements if circumstances or management’s estimates or opinions should change. The reader is cautioned not to place undue reliance on forward-looking statements.

[We make NEP-5 tokens work for everyone]

We make NEP-5 tokens work for everyone

The number of companies operating on the NEO blockchain grows every month. It’s a happy family where many of the companies work together and give each other advice or attention. Spotcoin teamed up with four of them for our airdrops, for example. Others flew out to Georgia just last week to be there when we helped launch the NEO Black Sea community. The question is: what does Spotcoin contribute? The short answer is: simple liquidity.

Simple liquidity is needed to make the companies in the NEO-verse work with the ‘real world’. We all love digital currencies, but most people still need to pay rent in fiat currency. Spotcoin bridges the gap between traditional money and digital currencies. We provide easy access and a gateway for capital to flow in and out.

We will list all NEP-5 tokens on the Spotcoin exchange, where you can trade using fiat currencies from the Black Sea region, as well as euros, USD, NEO, GAS, BTC, ETH and SIB, with others often evaluated. This will make it possible for companies and suppliers operating on the NEO-blockchain to easily move in and out of digital currencies, something that at the moment can require several steps.

For example, contractors who have sold a gig on Thor can exchange their tokens for fiat currency. Spotcoin will satisfy a real need there. Thor’s guiding mission is to provide gig economy participants with instant pay, access to an extensive job network, retirement planning, and health benefits. The partnership between Thor and Spotcoin aims to provide contractors, freelancers, and task-doers with a reliable method of converting THOR tokens into fiat currency, using Spotcoin’s future digital exchange.

On the partnership with Thor, our CEO, Tim Gick, said we’re “thrilled to provide stability to the gig economy by making it easier for people to access funding and trade into other currencies as they see fit.”

David Chin, CEO of Thor, said that “creating secure, reliable gateways between digital and fiat currencies is imperative to bringing blockchain tokens into the mainstream. It allows users from everywhere a way to use digital currencies everyday while still having access to purchases that can only be made with fiat. Partnering with Spotcoin will allow us to bring Thor’s platform to those very people.”

Thor is just one example. If you take a look at the graphic depicting the NEO-verse, you will realize that all of these companies at one point or another have to interact with the traditional economy, whether it is buyers of their service who need their tokens, or their service providers and contractors who need to cash out in order to pay the dinner check.

NEO’s smart economy and the companies in it do not exist in a void, but provides real solutions to real world problems. Spotcoin simply adds real liquidity, to make the smart economy work for everyone.


Interested in more Spotcoin ?

Join our Telegram community: "https://t.me/spotcointeam" Spotcoin Team, "https://t.me/spotcoinnews" Spotcoin News , and "https://t.me/spotcoinbounty" Spotcoin Bounty .

Take a look at our complete ICO offering "https://www.spotcoin.com/token" .

Read our Whitepaper "https://www.spotcoin.com/whitepaper", for more details.

Check out our in-depth publications on Medium.com '' https://medium.com/spotcoin ''

Visit ''https://spotcoin.com'', where we make digital currencies work for everyone.

Residents and citizens of the United States and US territories are prohibited from taking part in the SPOT Airdrop and the SPOT public sales. Residents and citizens of the following countries are prohibited from taking part in the SPOT public sales: Bosnia and Herzegovina, China, Ethiopia, Iran, Iraq, North Korea, South Korea, Sudan, Sri Lanka, Syria, Trinidad and Tobago, Tunisia, Serbia, Vanuatu, Yemen

However, certified accredited U.S. investors can take part in the SPOT private sale. Chinese and South Korean investors can participate in the private sale when paying with digital currencies, after signing the SAFT form and completing the KYC /AML process. Any investment in digital currencies comes at a risk. No one should invest money that he or she can not afford to lose.

Forward-looking statements are provided to allow potential investors the opportunity to understand management’s beliefs and opinions in respect of the future so that they may use such beliefs and opinions as one factor in evaluating an investment. These statements are not guarantees of future performance and undue reliance should not be placed on them. Such forward-looking statements necessarily involve known and unknown risks and uncertainties, which may cause actual performance and financial results in future periods to differ materially from any projections of future performance or result expressed or implied by such forward-looking statements.

Although forward-looking statements contained in this email are based upon what management of the Company believes are reasonable assumptions, there can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. The Company undertakes no obligation to update forward-looking statements if circumstances or management’s estimates or opinions should change. The reader is cautioned not to place undue reliance on forward-looking statements.

[Part 3 of our Spotcoin Close-up series]

Part 3 of our Spotcoin Close-up series

So far, we have highlighted our OTC business ( https://medium.com/spotcoin/five-things-you-need-to-know-about-our-otc-c177c2519cbf ) line and our mining operation ( https://medium.com/spotcoin/spotcoin-close-up-our-mining-operations-3e32a388709d ). Today, we want to share a bit about our digital Spotcoin exchange and our Spotcore engine that work behind the scenes, making digital currencies work for everyone.

Integrated Spotcore Technology
If our Spotcoin exchange is the face of Spotcoin, then Spotcore is the heart. Spotcore is being developed as a proprietary order matching engine that provides simple liquidity and integrated connection amongst our business lines. Spotcore is the hub of activity behind the scenes, providing centralized liquidity between our digital exchange, mining operation, over-the-counter marketplace (OTC), and our upcoming Spotpay payment system. The behind-the-scenes technology is one of our distinguishing features, and we are excited by the interconnectivity of it all.

But the digital Spotcoin exchange is where our customers will truly live and interact with us. The user interface is what matters most to users of digital exchanges, and ours will be intuitive and easy-to-use, backed by the powerful Spotcore. It’s all about simple liquidity.

Regional Focus
Based in Georgia, Spotcoin is committed to growing the smart economy in the Black Sea Region. Our exchange will support key regional currencies Georgian lari (GEL), Ukrainian hryvnia (UAH), Romanian lei (RON), Moldovan leu (MDL), Russian rubles (RUB), Bulgarian leva (BGN), Turkish lira (TRY), Armenian dram (AMD) and international standard currencies euros (EUR) and US dollars (USD). By providing more fiat access, we open the marketplace to more people who are traditionally left out of financial markets.

It’s not just a vast range of fiat currency support, all currencies will be paired with four core digital currencies: GAS (GAS), Ethereum (ETH), Bitcoin (BTC) and SIBCoin (SIB). Spotcoin’s ability to pair fiat and digital currencies on the exchange provides our users the ability to get the best deal on the market.

NEO Focused
We’ve written about our love of NEO ( https://medium.com/spotcoin/spotcoin-loves-neo-ep-1-why-did-we-the-choose-neo-blockchain-ed5e2d2e5f4b ), but we can’t help but highlight it again. Our exchange is built with NEO in mind. We decided to design our SPOT token as a NEP-5 standard token, an easy decision that has brought us into the amazing NEO community. To support and show our love for the community, all NEP-5 tokens that adhere to the City of Zion’s “Guidelines for Responsible Token Sales” ( https://medium.com/proof-of-working/guidelines-for-responsible-token-sales-5c4ae784c2d8 ) will be listed for free on our exchange.

What does that mean? On our exchange, you will be able to buy and sell NEO and NEP-5 tokens without having to transfer to and from other exchanges. It’s a win-win-win for everyone: You. Spotcoin. NEO. The smart economy.

Auditable and Scalable
Here at Spotcoin, we are committed to transparency. Our customers will feel completely comfortable and secure using our exchange. To add to that comfort, we are committed to auditing our exchange quarterly. The results will be posted for all to see on our website.

Our commitment to transparency is only matched by our support of growing, scalable transactions. Right now, NEO boasts 10,000 transactions per second, and aims to increase this to 100,000 in 2020. Spotcoin is committed to supporting the growth by providing on chain transaction data for both fiat and digital asset trades by 2020. In doing so, trust and access to the smart economy grows. Another step to making digital currencies work for everyone.

Dividends
I’m sure you are sensing a theme in our business line articles. That theme? Dividends!

Everyone loves dividends. And the exchange offers a special opportunity for extra money.

Starting soon after the exchange launches and continuing every week after, SPOT holders will receive a payout from 51% of all fees collected by the exchange. This is on top of the 12% quarterly net profit earned across all other Spotcoin business lines. This dividend will start the first profitable quarter and continue moving forward. You can’t beat a bit of extra cash.

If you are interested in learning more about the exchange, or our other business lines: Check out our Whitepaper ( https://spotcoin.com/whitepaper.pdf ).


Interested in more Spotcoin ?

Join our Telegram community: "https://t.me/spotcointeam" Spotcoin Team, "https://t.me/spotcoinnews" Spotcoin News , and "https://t.me/spotcoinbounty" Spotcoin Bounty .

Take a look at our complete ICO offering "https://www.spotcoin.com/token" .

Read our Whitepaper "https://www.spotcoin.com/whitepaper", for more details.

Check out our in-depth publications on Medium.com '' https://medium.com/spotcoin ''

Visit ''https://spotcoin.com'', where we make digital currencies work for everyone.

Residents and citizens of the United States and US territories are prohibited from taking part in the SPOT Airdrop and the SPOT public sales. Residents and citizens of the following countries are prohibited from taking part in the SPOT public sales: Bosnia and Herzegovina, China, Ethiopia, Iran, Iraq, North Korea, South Korea, Sudan, Sri Lanka, Syria, Trinidad and Tobago, Tunisia, Serbia, Vanuatu, Yemen

However, certified accredited U.S. investors can take part in the SPOT private sale. Chinese and South Korean investors can participate in the private sale when paying with digital currencies, after signing the SAFT form and completing the KYC /AML process. Any investment in digital currencies comes at a risk. No one should invest money that he or she can not afford to lose.

Forward-looking statements are provided to allow potential investors the opportunity to understand management’s beliefs and opinions in respect of the future so that they may use such beliefs and opinions as one factor in evaluating an investment. These statements are not guarantees of future performance and undue reliance should not be placed on them. Such forward-looking statements necessarily involve known and unknown risks and uncertainties, which may cause actual performance and financial results in future periods to differ materially from any projections of future performance or result expressed or implied by such forward-looking statements.

Although forward-looking statements contained in this email are based upon what management of the Company believes are reasonable assumptions, there can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. The Company undertakes no obligation to update forward-looking statements if circumstances or management’s estimates or opinions should change. The reader is cautioned not to place undue reliance on forward-looking statements.

[Launching the NEO Black Sea community, with NEO family present]

Launching the NEO Black Sea community, with NEO family present

This week, we welcomed visitors to our beautiful home country of Georgia. Visitors are often surprised by Georgia’s charm. And that’s not just because of the nice climate, the beautiful old city of Tbilisi, the wine, the food, the friendly people, the Black Sea beaches and the majestic Caucasus — even though you’d think that would be enough. It’s also a great business climate and brimming with opportunities for blockchain companies, something our guests from Effect.ai ( https://effect.ai/ ), Thor ( https://www.thortoken.com/ ) and Travala ( https://www.travala.com/ ) got wind of within days.

Tentative plans/dreams of setting up offices in Tbilisi surfaced, and at Spotcoin we would be happy to facilitate our NEO family cousins. Their visit coincided with the launch of the NEO Black Sea community, something that NEO News Today ( https://neonewstoday.com/general/spotcoin-helps-launch-neo-black-sea-community/ ) reported on, among others.

Supporting and growing the NEO community is something we feel strongly about, so the event in Signagi was a great moment for us. So far, Spotcoin has been a driving force behind this, but we’re hoping for local NEO and blockchain enthusiasts to become involved. The NEO Black Sea community ( https://www.facebook.com/NEO-Black-Sea-1863184640393042/?ref=br_rs ) is not established for profit, but out of the genuine belief that NEO deserves a community in the Black Sea region, and the Black Sea region deserves a NEO community.

To raise interest and show what the opportunities are, we will organize a NEO hackathon later this quarter, together with the Georgian Innovation and Technology Agency and the Georgian-American University.

We are also happy to announce a partnership with Thor ( https://neonewstoday.com/general/spotcoin-and-thor-announce-strategic-partnership/ ), where Spotcoin will bring direct liquidity to the smart gig economy their team has designed.

Our friends from Effect.ai wasted no time and took several meetings with high level officials of the Georgian government and the Dutch economic policy advisers in Tbilisi. Since it’s literally not our business, we’ll leave it to them to communicate what they’re up to, but we saw a lot of happy faces.

Things are happening in the Black Sea region, and we’re proud to be a part of it. Providing easy access to digital currencies for the people in our region is our priority. We will make digital currencies work for everyone.

Have a great weekend!

The Spotcoin Team


Interested in more Spotcoin?

Join our Telegram community: "https://t.me/spotcointeam" Spotcoin Team, "https://t.me/spotcoinnews" Spotcoin News , and "https://t.me/spotcoinbounty" Spotcoin Bounty .

Take a look at our complete ICO offering "https://www.spotcoin.com/token" .

Read our Whitepaper "https://www.spotcoin.com/whitepaper", for more details.

Check out our in-depth publications on Medium.com '' https://medium.com/spotcoin ''

Visit ''https://spotcoin.com'', where we make digital currencies work for everyone.

Residents and citizens of the United States and US territories are prohibited from taking part in the SPOT Airdrop and the SPOT public sales. Residents and citizens of the following countries are prohibited from taking part in the SPOT public sales: Bosnia and Herzegovina, China, Ethiopia, Iran, Iraq, North Korea, South Korea, Sudan, Sri Lanka, Syria, Trinidad and Tobago, Tunisia, Serbia, Vanuatu, Yemen

However, certified accredited U.S. investors can take part in the SPOT private sale. Chinese and South Korean investors can participate in the private sale when paying with digital currencies, after signing the SAFT form and completing the KYC /AML process. Any investment in digital currencies comes at a risk. No one should invest money that he or she can not afford to lose.

Forward-looking statements are provided to allow potential investors the opportunity to understand management’s beliefs and opinions in respect of the future so that they may use such beliefs and opinions as one factor in evaluating an investment. These statements are not guarantees of future performance and undue reliance should not be placed on them. Such forward-looking statements necessarily involve known and unknown risks and uncertainties, which may cause actual performance and financial results in future periods to differ materially from any projections of future performance or result expressed or implied by such forward-looking statements.

Although forward-looking statements contained in this email are based upon what management of the Company believes are reasonable assumptions, there can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. The Company undertakes no obligation to update forward-looking statements if circumstances or management’s estimates or opinions should change. The reader is cautioned not to place undue reliance on forward-looking statements.

[Telegram :]

In this video I dive into the Spotcoin website, white paper, and team. This is  NEO based project and aims to be THE crypto project of the Black Sea region. They already have existing banking relationships and will offer crypto to fiat trading, payment solutions, OTC trading for large volumes, and a eco-friendly mining operation. They will also establish the Black Sea Blockchain Institute which will increase cryptocurrency awareness in a region that is in great need of it, and in turn it will get people in the region talking about Spotcoin. The ICO is upcoming, so stay tuned!

Telegram :          https://t.me/spotcointeam
                          https://t.me/spotcoinnews
                          https://t.me/spotcoinbounty

WhitePaper:      https://www.spotcoin.com/whitepaper

WebSitesi :      https://spotcoin.com

[Effect Force private beta]

Welcome to another quick roundup of what’s been going on at Effect.AI. Last week, we successfully launched our private beta of Effect Force. As usual, we’ve also been involved with various meetups, conferences, etc. in the blockchain and AI spaces.

Effect Force private beta
Back in May, we opened the pre-registration for Effect Force, our decentralized microtask platform. Several thousand of our early supporters signed up, and from this group we randomly selected over 600 people to perform tasks on Effect Force in order to test the platform.

While we were of course excited and optimistic about this release, we had no idea how amazing the response from our early testers would be. We limited workers to 500 tasks per day in order to give everyone a chance to complete some tasks. Despite this, they classified all 200,000 images in under 48 hours, which was much quicker than we expected.

We also collected some really detailed feedback that the team is already working to incorporate for our next release. Users had some great suggestions regarding features and usability. Many of these overlapped with ideas our team were already working on, so it was great to have our thoughts immediately validated by the user feedback.

As promised, we will release another batch of images from our partner Lobster.Media in the next few weeks once these improvements have been implemented.

The social impact of decentralization

A key part of our vision at Effect.AI is to empower people with limited economic opportunities through Effect Force. This week, Chris and Piet (our CEO and COO, respectively) traveled to meet with officials in Tbilisi, Georgia to talk about the potential of setting up a Social Impact Hub. These meetings bring us a step closer to creating a safe environment where people have an alternative way of making a living through Effect Force. Workers will also be guided to develop skills and knowledge, thus opening up better opportunities for themselves. Stay tuned for more information in the coming months as this develops.

Huobi summit, AI-Blockchain Expo, and RISE Hong Kong
Our good friends at the digital asset exchange Huobi recently hosted a summit in Amsterdam. Huobi is seeking to expand in the European market and they are looking to build strong partnerships in key locations such as Amsterdam. Effect.AI CEO Chris was asked to assist the Huobi team by hosting an entertaining panel on Quant Trading. The overall event was a big success and we got to meet some really interesting people in the Amsterdam crypto trading community.

The following day, Effect.AI was invited to showcase Effect Force to the 20,000 attendees of the AI-Blockchain Expo in Amsterdam. The Expo is very tech driven, which allowed for great contact with people doing incredibly interesting work in the field of AI and machine learning. We set up a demo version of Effect Force where people could earn EFX on the spot by performing some simple microtasks. We had a great time meeting everyone and were really pleased with the positive response.

Finally, next week our events team will head to Hong Kong to attend RISE, Asia’s biggest tech conference. The RISE organizers have selected us for their startup showcase, which means that we’ll be able to again put Effect Force in front of thousands of fellow startup entrepreneurs, technologists, and investors. Attending RISE is a part of Effect.AI’s larger strategy of expanding into the growing Asian market.

Stay up to date:
Thank you for your continued support and interest in Effect.AI. We are thrilled to have such an enthusiastic and helpful community backing us up. To stay up to date on the latest Effect.AI developments, subscribe to our YouTube channel ( https://www.youtube.com/channel/UCWzHpI310baipgvVMCxcwHA ), join our Telegram channel, and follow our social feeds. All of them feature regular updates on Effect.AI and Effect Force.

The Effect.AI Team

Web : https://effect.ai/
Telegram : https://t.me/effectai
Twitter : https://twitter.com/effectaix
Facebook : https://www.facebook.com/effectai
Youtube : https://www.youtube.com/channel/UCWzHpI310baipgvVMCxcwHA
Github : http://github.com/effectai
Reddit : https://reddit.com/r/effectai
Linkedin : https://linkedin.com/company/effectai/
Medium : https://medium.com/@effectai
Steemit : https://steemit.com/@effectai

[Effect Force Private Beta, Huobi meetup and AI Expo]

Effect Force Private Beta, Huobi meetup and AI Expo

Web :              https://effect.ai/
Telegram :       https://t.me/effectai
Twitter :          https://twitter.com/effectaix
Facebook :       https://www.facebook.com/effectai
Youtube :         https://www.youtube.com/channel/UCWzHpI310baipgvVMCxcwHA
Github :           http://github.com/effectai
Reddit :           https://reddit.com/r/effectai
Linkedin :        https://linkedin.com/company/effectai/
Medium :         https://medium.com/@effectai
Steemit :         https://steemit.com/@effectai

[Effect.AI is aiming to take down Amazon Mechanical Turk with Effect Force, it's own decentralized version of mturk. Amazon even wanted to partner with Effect.AI and they turned down Amazon! Join me for this epic interview with CEO Chris Dawe.]

Effect.AI is aiming to take down Amazon Mechanical Turk with Effect Force, it's own decentralized version of mturk.
Amazon even wanted to partner with Effect.AI and they turned down Amazon!  Join me for this epic interview with CEO Chris Dawe.

[Established July 1st in Signagi, Georgia by NEO enthusiasts.]

Established July 1st in Signagi, Georgia by NEO enthusiasts.

This weekend in Signagi, Georgia, the official NEO Black Sea community was established. The community’s goal is to contribute to the smart economy as envisioned by NEO, in the Black Sea region. Spotcoin is one of the founding members, together with independent developers and entrepreneurs based in countries around the Black Sea. On its own NEO Black Sea Facebook page, the community published a brief statement: (https://www.facebook.com/permalink.php?story_fbid=1958556867522485&id=1863184640393042)
“We are inspired by NEO. We believe in its transparency and pragmatism, in its power to create for the future and in its promise of continuous improvement. We believe NEO’s smart economy will bring a positive change to the world and we will contribute to that in the Black Sea Region.”
Spotcoin was joined by other NEO-based companies Thor, Effect.ai, and Travala for the occasion, together with Georgian blockchain entrepreneur Tamar , independent blockchain developer Conor Scott, Bulgaria-based Brian Hankey from Cranial Ink, Spotcoin’s Armenia country manager Anait Ambartsumyan, and most of the Spotcoin team.

Teaming up with independent NEO developers and entrepreneurs from the Black Sea Region makes perfect sense to Spotcoin CEO Tim Gick:

“We have always been about spreading the NEO gospel and this is an evolution of that attitude. We think NEO deserves a community in the Black Sea Region and the Black Sea Region deserves a NEO community. It will bring the smart economy closer to a region that is already a frontrunner. We’re very happy to be part of this.”

Spotcoin has a strong involvement in both the NEO community and the Black Sea Region, bringing simple liquidity from fiat to digital currencies including all NEO NEP-5 tokens. Its first geographical focus is on the Black Sea Region, where it is actively involved with education and government projects in an advisory role. Its mission is to make digital currencies work for everyone, especially the NEO community.

Interested in more Spotcoin?

Join our Telegram community: "https://t.me/spotcointeam" Spotcoin Team, "https://t.me/spotcoinnews" Spotcoin News , and "https://t.me/spotcoinbounty" Spotcoin Bounty .

Take a look at our complete ICO offering "https://www.spotcoin.com/token" .

Read our Whitepaper "https://www.spotcoin.com/whitepaper", for more details.

Check out our in-depth publications on Medium.com '' https://medium.com/spotcoin ''

Visit ''https://spotcoin.com'', where we make digital currencies work for everyone.

Residents and citizens of the United States and US territories are prohibited from taking part in the SPOT Airdrop and the SPOT public sales. Residents and citizens of the following countries are prohibited from taking part in the SPOT public sales: Bosnia and Herzegovina, China, Ethiopia, Iran, Iraq, North Korea, South Korea, Sudan, Sri Lanka, Syria, Trinidad and Tobago, Tunisia, Serbia, Vanuatu, Yemen

However, certified accredited U.S. investors can take part in the SPOT private sale. Chinese and South Korean investors can participate in the private sale when paying with digital currencies, after signing the SAFT form and completing the KYC /AML process. Any investment in digital currencies comes at a risk. No one should invest money that he or she can not afford to lose.

Forward-looking statements are provided to allow potential investors the opportunity to understand management’s beliefs and opinions in respect of the future so that they may use such beliefs and opinions as one factor in evaluating an investment. These statements are not guarantees of future performance and undue reliance should not be placed on them. Such forward-looking statements necessarily involve known and unknown risks and uncertainties, which may cause actual performance and financial results in future periods to differ materially from any projections of future performance or result expressed or implied by such forward-looking statements.

Although forward-looking statements contained in this email are based upon what management of the Company believes are reasonable assumptions, there can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. The Company undertakes no obligation to update forward-looking statements if circumstances or management’s estimates or opinions should change. The reader is cautioned not to place undue reliance on forward-looking statements.

[1*Karadeniz Bölgesinde ilk olmanın avantajı]

1*Karadeniz Bölgesinde ilk olmanın avantajı

Karadeniz bölgesinde para birimlerine erişim sağlayabilen başka dijital para sağlayıcıları bulunmamaktadır.Spotcoin piyasaya açılarak milyonlarca insana ilk kez dijital para birimlerine kolay erişim imkanını amaçlamaktadır.Spotcoin 2016 yılından beri bölgede OTC işlemlerine başlamıştır fakat bu tek bir işlemde 25000$ kullanan büyük yatırımcılar içindir .

Spotcoin market sayesinde dijital para ve tokenların alınması mümkün olacaktır.Blockchain teknolojisinin benimsenmesinde ilerleyen bir bölgede faaliyet göstermekte ve bu bölgede dijital para konusu kamuoyununda dikkatini çekmektedir.Bölgenin en önemli özelliği elektrik maliyetlerinin çok düşük olması akabinde madencilik operasyonlarının buralarda yürütülmesi ve insanlar tarafından bu sahada çalışmak için büyük ilgi görmesidir.
  Para birimlerine kolay erişim için büyük bir pazar potansiyeli bulunmaktadır ve Spotcoin bu bölgede bunu sunan ilk oluşum olacaktır.

2*NEO için likidite kolaylığı

NEO ya yürekten inanmaktayız. NEO şu anda 10000 TPS sahiptir ve 2020 için planlanan hız 100000 TPS dir ve bu gerçekten çok önemli bir tercih sebebidir .Fakat NEO zaman zaman doğrudan ve basit likidite eksikliği ve kısıtlamasına maruz kalmaktadır.NEO ve NEP-5 tabanlı tokenlara fiat para biriminin doğrudan olarak serbest akışı azdır ve Spotcoin bu sorunu çözen ilklerden olacaktır .

3*En yüksek token temettüsü

Spot token bir temettü tokenıdır,çalışma prensibi temiz ve basittir.
Spot token sahipleri otomatik değişim ücretlerinin yani trade fee lerini herhafta %51 olarak alacaklardır ve hiçbir borsa bu kadar yüksek kar payı sunmamaktadır.

4*Değişim haricindeki kar payları

Kar payı dağıtımı sadece değişimlerle sınırlı kalmamaktadır.Üç ayda bir Spotcoin in diğer iş kollarının %12 net karından kar payı verilecektir.Daha öncede belirttiğimiz gibi Spotcoin zaten bir OTC dir.2017 yılında 10 milyon $ üzerinde işlem yapılmıştır.Ayrıca 1,1MW madencilik operasyonu olan ortaklıklara sahiptir ve Gürcistan'ın su gücüyle elde edilen ucuz elektriğinin bu işlemlerde kullanılması maliyetleri ciddi oranda azaltmaktadır.
  Bunun için madencilik uzmanı olan Golden Fleece ile ortaklık kurmuş bulunmaktayız ve bu operasyonların genişletilmesi amaçlanmaktadır.
Perakende olarak tüketicilerin dijital para birimlerini kullanarak esnek ödemeler yapabilmesi için perakende uygulaması olan SpotPay'in geliştirilmesi planlanmaktadır.Artı olarak Gürcistandaki Karadeniz Blockchain Enstitüsünün önemli bir parçası durumundayız.Biz büyüdükçe dağıtılacak olan kar paylarıda doğru orantılı olarak artacaktır.

Telegram :      https://t.me/spotcointeam
                       https://t.me/spotcoinnews
                       https://t.me/spotcoinbounty
WhitePaper:   https://www.spotcoin.com/whitepaper
 WebSitesi :   https://spotcoin.com

We’ve teamed up with another heavy hitter in the blockchain industry! We are happy to announce a strategic partnership with Spotcoin, a NEO-based project aiming to bring liquidity to the market with a Gas to fiat exchange.

“Creating secure, reliable gateways between digital and fiat currencies is imperative to bringing blockchain tokens into the mainstream. It allows users from everywhere a way to use digital currencies everyday while still having access to purchases that can only be made with fiat. Partnering with SpotCoin will allow us to bring Thor’s platform to those very people.”
— David Chin, CEO, Thor
Spotcoin is on a mission to make digital currencies work for everyone. They began as an over-the-counter clearing house in Tbilisi, Georgia with the goal of facilitating ease of movement between fiat and cryptocurrencies. The company recognized the value in providing simple access and liquidity to expand the market outside of the most dedicated members of the community.

By partnering with Spotcoin, we will be able to provide contractors on our platform a reliable method for converting their hard-earned THOR into fiat currencies when their financial needs require it. This will be imperative to allowing contractors with a variety of needs from around the globe to be a part of the Thor community.

“We are thrilled to provide stability to the gig economy by making it easier for people to access funding and trade into other currencies as they see fit. We have great respect for Thor’s mission to create a safety net for gig economy workers, who are often more vulnerable than staff workers. This is a great opportunity for Spotcoin to support these workers and our NEO-community colleagues at Thor.”
— Tim Gick, CEO, Spotcoin
This is a very exciting development and another fantastic step towards creating the Gig Economy Revolution!

Thor is developing blockchain-powered gig economy solutions to help contractors earn more, faster, and more securely. We’re doing this by giving contractors instant pay, access to an extensive job network, retirement planning, and health benefits. Welcome to the Gig-Economy revolution!

[The micro-task market: ripe for disruption]

Dutch startup Effect.AI officially launched the Private Beta of Effect Force, a blockchain based micro-task platform that’s taking on the likes of Amazon Mechanical Turk through the power of decentralization.

                  Effect.AI conducted a successful token sale at the end of March and has since expanded its team to over 25 members. Today marks the Private Beta release of Effect Force, their world-class Decentralized Micro Task platform that will achieve two things:
1. it will help businesses get started with AI and
2. it will raise living standards around the globe by making labor with fair wages accessible to everyone. Over four thousand workers from more than a hundred countries are eagerly anticipating the Effect Force release to start completing tasks on the revolutionary platform.

The micro-task market: ripe for disruption

The micro-task market employs thousands of people that work on easy, though time consuming tasks that computers cannot do. This kind of work is in high demand for one simple reason: developing AI algorithms often requires data that is annotated by humans. And it needs more than just a little bit of data to ‘learn,’ it needs a huge amount. Due to favorable regulations and unfair advantages, larger companies that create these data sets are almost impossible to compete with through traditional means. The lack of competition enables Amazon to charge companies using its platform fees of up to 40%. Workers, on the other hand, have to deal with all sorts of restrictions while making less than US minimum wage. And yet, their input is of great value when it comes to AI research and development. By using decentralization and blockchain technology, Effect Force can disrupt this market and offer a much better alternative to centralized mechanical turk solutions.

Delivering on the promise of decentralization

To understand how decentralization will change this, consider the example of the internet. Back when the internet first emerged, it promised a global means of communication, collaboration and doing business. Then came rules, regulation, censorship, the end of net-neutrality and other methods meant to control a technology that was supposed to free millions of people. Thankfully, Satoshi Nakamoto popularized blockchain technology with the introduction of Bitcoin. It showed people that decentralization and blockchain allows communication, collaboration and co-creation without the need for middle men and platform holders, restoring some of the internet’s original ideals in the process. By creating Effect Force, Effect.AI is one of the first companies to actually deliver on the promise of decentralization, using it to bring positive change in areas where it is needed most.

Effect Force versus the competition

Recognizing this potential for change, Effect Force offers a global platform that allows people from everywhere to perform tasks and earn a decent living by working on whatever device they like, on whatever task they prefer. By building Effect Force on the blockchain, and by using smart contracts, Effect Force eliminates middle-men, resulting in a globally accessible micro-task market that can afford to function without fees. This allows Requesters and researchers to gain access to high-quality data at attractive rates. Workers also benefit by earning a lot more for completing tasks than on centralized Mechanical Turk platforms, simultaneously contributing to essential AI research and development. Even more importantly, Effect Force is accessible to workers regardless of their nationality, giving everyone in the world the opportunity to perform tasks on the platform. This means that Effect Force can be an alternative way of earning money for people who are unable to do traditional work, for example due to health problems, economical obstacles or simply a lack of other opportunities in the area. Effect.AI also recognizes the potential of Effect Force towards the 39% of people who don’t have access to the traditional banking systems. To that end, Effect.AI introduces the Effect Force Impact Hubs.

Effect Force: creating opportunities in developing countries.

Effect.AI has made impact sourcing one of its main priorities. Impact sourcing is the practice of outsourcing to developing countries, in order to stimulate the local economy, and through Effect Force, Effect.AI creates an alternative way of earning money for people in developing countries. They are supported in this venture by none other than Sally Eaves. Sally Eaves is a innovator in the field of Machine Learning with connections at the United Nations and many local governments, she is also an Effect.AI Advisor. In collaboration with Sally and these governments, Effect.AI is setting up Effect Force Impact Hubs in key countries and locations. At these Impact Hubs, Workers can complete tasks under supervision of trained personnel. This allows workers to make a living in a safe environment where they can acquire skills in the field of AI and Machine Learning. Effect.AI recognizes that this is an incredible opportunity to create lasting change in developing areas around the world, providing the real change that was promised by decentralization. At the same time, Charlie Shrem, another high profile Advisor, is leveraging his many connections in the world of cryptocurrency to support Effect.AI and Effect Force, feeling that of all the projects currently in development, Effect Force is the one most likely to make a positive impact.

Effect Force: big partnerships

To create this reality, Effect.AI has already established partnerships with big names in the industry. Lobster.media will be using Effect Force to classify a large portion of its sizeable image catalog, meaning the first type of task on the micro-task platform will be image classification. Therefore, during the initial phase of the Private Beta, workers will be able to work on millions of image classification tasks. Workers completing these tasks will receive fair payment in the form of Effect.AI’s EFX token. As the Private Beta progresses, a wider variety of tasks will be made available on the platform as a result of new partnerships. At the same time, Effect.AI is partnering with Civic, as blockchain based secure identity platform. By implementing the Civic protocol, Effect.AI is creating a safe and sound environment through which workers can sign up and perform tasks.

Can’t stop progress

Chris Dawe, CEO and Co-Founder of Effect.AI, is clear about decentralization and what Effect Force will accomplish: “Change might come slow or it might come fast, but it is relentless and it is coming for Amazon’s Mechanical Turk and other models that are at risk of being disrupted by decentralized solutions like Effect Force. There are, after all, so many reasons to choose Effect Force over Amazon’s Mechanical Turk that change is inevitable. By virtue of its trustless, blockchain based foundation, Effect Force is faster, cheaper, better paying, more accurate, not restricted by nationality and not owned by anyone. Any company that chooses to use Effect Force will not only help itself, but will quite literally also help make the world a better place by doing so.”

Find out more about the launch of Effect Force here(https://medium.com/@effectai/private-beta-of-the-revolutionary-micro-task-platform-effect-force-is-live-9cf732047538).

Interested in becoming an Effect Force Worker? Sign up here to pre-register(https://effectai.typeform.com/to/awuh57).

Visit the official Effect.AI website(https://effect.ai/).

Effect.AI’s EFX token is tradable on BitMart(https://www.bitmart.com/trade?symbol=EFX_BTC).

                                                      

Today, we are excited to announce the launch of the Effect Force Private Beta. After conducting a successful Token Sale at the end of March, we have been working extremely hard on the release of the first of our three platforms. During this time, we’ve been able to count on the tremendous support of our community, so we want to take this moment to express our thanks. We are eager to launch Effect Force with the support of our advisors Charlie Shrem, Sally Eaves, and Tony Tran, and through our partnerships with Lobster.Media and Civic.

From this moment on, almost a thousand pre-registered workers will be able to start working on millions of tasks on Effect Force. Our partner Lobster.Media has provided millions of image classification tasks that can be completed by the workers. Effect Force will run on the NEO Mainnet and workers will earn EFX tokens in exchange for completing these tasks. Our goal is to create a global platform on which anyone in the world can perform tasks in exchange for fair payment, therefore providing an alternative way of earning for millions of people.

How it works

Over four thousand workers have pre-registered for the Effect Force Private Beta. Our goal is to guarantee the stability, security, and quality of the platform, that’s why we have randomly selected more than 600 workers who can start working on the platform starting immediately and we will scale up from there. The selected group of workers have received an email from Effect.AI with their login information. After login in workers will be able to start completing tasks immediately. Don’t worry if you have not been selected yet, over the course of the beta we will allow more and more workers on the platform. This allows us to closely monitor the platform, to maximize convenience for the workers. As we allow more workers on the platform, we will also increase the amount and the variety of tasks. Eventually everybody who pre-registered will be able to perform as many tasks as they want. Pre-registration is once again open for those who were not able to sign up, however, we will prioritize everyone who signed up during the Telegram pre-registration period.

Type of task: image classification

Lobster.media is the first official Effect Force partner. They will use the platform to classify a significant part of their massive image catalog. Therefore, the first tasks listed on Effect Force will consist of image classification. Specifically, you will be determining whether an image is a selfie or not a selfie, something that is hard for automated systems to do.By using your human intelligence to complete these tasks, you help create high quality datasets, making it easier to train real AI.

Earn EFX tokens on Effect Force

By completing tasks on Effect Force workers will earn EFX tokens. The tokens are automatically stored on the worker accounts on Effect Force. We have implemented rigorous security measures to make sure the EFX is safely stored on Effect Force. But, always remember to never share your private key with anyone. EFX tokens can also be withdrawn from Effect Force and stored in any NEP-5 token compatible wallet.

Reputation Score

By performing tasks on the platform workers will automatically receive a reputation score. The reputation score of workers who correctly perform task will increase as they continue to work. A better reputation score will eventually lead to admission into higher paying tasks.

Creating opportunities in developing countries.

Finally, we are introducing Effect Force Impact Hubs. We recognize the potential of Effect Force to provide an alternative way of earning money for people in developing countries, and for people who are unable to do traditional work because of health issues, economical obstacles or simply a lack of other opportunities in the area. Therefore, Effect.AI has made impact sourcing one of its main priorities. Through Effect Force, Effect.AI creates an alternative way of earning money for people in developing countries. They are supported in this venture by none other than Sally Eaves. Sally Eaves is an innovator in the field of Machine Learning with connections at the United Nations and local governments. In collaboration with Sally and these local governments, Effect.AI is aiming to set up Effect Force Impact Hubs in key countries and locations by the end of this year, starting with Pakistan, Nepal, and Kenya. At these Impact Hubs, Workers can complete tasks under supervision of trained personnel. This creates a steady income in areas where people usually don’t have access to well-paying jobs or traditional banking systems. Effect.AI allows workers to make a living create a safe environment where they can acquire skills in the field of AI and Machine Learning. Effect.AI recognizes that this is an incredible opportunity to create lasting change in developing areas around the world.

Stay up to date

We’re excited to get as many people working on Effect Force as possible. To stay up to date on the latest Effect Force developments, subscribe to our Youtube channel, join our Telegram channel and follow our social feeds. All of them feature regular updates on Effect.AI and Effect Force.

https://www.youtube.com/watch?v=WJyqOzRukGs

Web http://effect.ai/
Telegram https://t.me/effectai
Twitter https://twitter.com/effectaix
Facebook https://www.facebook.com/effectai
Youtube https://www.youtube.com/channel/UCWzHpI310baipgvVMCxcwHA
Github http://github.com/effectai
Reddit https://reddit.com/r/effectai
Linkedin https://linkedin.com/company/effectai/
Medium https://medium.com/@effectai
Steemit https://steemit.com/@effectai

[Part 2 of our Road to the ICO series]

Part 2 of our Road to the ICO series

Last week, we looked at why we are in business (https://medium.com/spotcoin/spotcoins-road-to-the-ico-4064f2893d5b) .
Now, we want to take a look at how we’re different from all the others. With our ICO, we are raising money to launch an automated fiat to digital currency exchange.
As an established, profitable OTC (https://medium.com/spotcoin/five-things-you-need-to-know-about-our-otc-c177c2519cbf), it makes perfect sense. However, we know we’re not the only one in the world to do so. So why should we? We think Spotcoin is different from other exchanges in a number of ways.



1) Black Sea region first mover advantage
There are no other fiat to digital currency providers in the Black Sea region that can provide access to local national currencies. Spotcoin will unlock the market, giving millions of people easy access to digital currencies for the first time. Spotcoin has been an established OTC in the area since 2016, but only for larger investors who are spending at least $25,000 USD in a single transaction.

Our automated Spotcoin exchange will make it possible for a mass market to buy digital currencies and tokens. This is especially relevant for this region, which is very advanced in its adoption of blockchain technology, and the subject of digital currencies gets plenty of attention among the public. An abundance of cheap electricity makes the region one of the largest providers of currency mining, and there is a great deal of interest among younger people to work in the field. This is a large market waiting for an exchange providing easy fiat to currency access, and Spotcoin will be the first to offer it.

2) Simple liquidity for the NEO
We believe wholeheartedly in NEO. NEO is among the most future-proof blockchains because of its current 10,000 TPS capability, and its plans to scale to 100,000 TPS by 2020. However, NEO does at times feel constraints through a lack of direct, simple liquidity. There is little direct free flow of fiat currency to NEO and other NEP-5 based tokens, and Spotcoin will be one of the first to solve that issue. We will provide an easy to use, intuitive interface for the safe trading of not just NEO, but of all NEP-5 standard based tokens that adhere to City of Zion principles, which will be listed on Spotcoin for free. At this time, no other exchange out there offers the same service, and it will provide relief for NEO and all NEO-based companies out there.

3) Highest token dividend
Our SPOT token is a dividend token. Unlike some other exchanges, we haven’t tried to force our token into our exchange process as a redundant way to create a use and demand for it. We’re keeping the business clean and simple. Just like our offer: SPOT token holders will receive 51% of all of the exchange fees from our automated exchange. Every week. To our knowledge, no other exchange offers a dividend this high.

4) Dividends from more than just the exchange
Our Spotcoin exchange will not be the only source of revenue, or of dividends. You will receive a 12% dividend from the net profits of our other business lines, quarterly. Like we said, Spotcoin is already an established OTC. We processed over 10 million USD in 2017. We also partner in a 1.1MW Mining Operation, benefitting from Georgia’s cheap and abundant hydropower.

We have partnered with mining experts Golden Fleece, and aim to expand our joint operations. We have plans to develop SpotPay, a retail application that provides flexible payments using digital currencies to both retailer and consumer. Furthermore, we are an important part of the Black Sea Blockchain Institute, a business incubator and educator in Georgia. As we grow, so will the dividends.



5) More than one leg to stand on
Rather than having one pillar for our business, we have several, creating synergies and risk mitigation. Our OTC, our mining operation, our future automated exchange, and retail payment application all provide streams of digital and fiat currencies. At the heart of our system sits our proprietary Spotcore engine, that constantly finds our optimal liquidity. Together, our business lines provide much more stability and security than any single business can. And all SPOT token holders will benefit from them, every week and again every quarter.

________________________________________

Interested in more Spotcoin?

Join our Telegram community: "https://t.me/spotcointeam" Spotcoin Team, "https://t.me/spotcoinnews" Spotcoin News , and "https://t.me/spotcoinbounty" Spotcoin Bounty .

Take a look at our complete ICO offering "https://www.spotcoin.com/token" .

Read our Whitepaper "https://www.spotcoin.com/whitepaper", for more details.

Visit ''https://spotcoin.com'', where we make digital currencies work for everyone.

Residents and citizens of the United States and US territories are prohibited from taking part in the SPOT Airdrop and the SPOT public sales. Residents and citizens of the following countries are prohibited from taking part in the SPOT public sales: Bosnia and Herzegovina, China, Ethiopia, Iran, Iraq, North Korea, South Korea, Sudan, Sri Lanka, Syria, Trinidad and Tobago, Tunisia, Serbia, Vanuatu, Yemen

However, certified accredited U.S. investors can take part in the SPOT private sale. Chinese and South Korean investors can participate in the private sale when paying with digital currencies, after signing the SAFT form and completing the KYC /AML process. Any investment in digital currencies comes at a risk. No one should invest money that he or she can not afford to lose.

Forward-looking statements are provided to allow potential investors the opportunity to understand management’s beliefs and opinions in respect of the future so that they may use such beliefs and opinions as one factor in evaluating an investment. These statements are not guarantees of future performance and undue reliance should not be placed on them. Such forward-looking statements necessarily involve known and unknown risks and uncertainties, which may cause actual performance and financial results in future periods to differ materially from any projections of future performance or result expressed or implied by such forward-looking statements.

Although forward-looking statements contained in this email are based upon what management of the Company believes are reasonable assumptions, there can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. The Company undertakes no obligation to update forward-looking statements if circumstances or management’s estimates or opinions should change. The reader is cautioned not to place undue reliance on forward-looking statements.

[Part 2 of our series Spotcoin x Government]

Part 2 of our series Spotcoin x Government
This is the second part of our series about Spotcoin and government, where we look at the public sector and government issues that we are either directly involved with, or interested in joining. Last week(https://medium.com/spotcoin/spotcoins-legal-vision-52a5e7998136), we stayed close to home and shared our legal vision. This week we look outwards to some of the most exciting developments in the public sector.

At Spotcoin, we are thrilled by the sheer amount of blockchain growth and opportunities. The new technology is working to upend, alter, and refine financial systems, food and agricultural tracking, real estate records, medical transactions, and secure government systems. According to a 2017 Deloitte Study(https://www2.deloitte.com/insights/us/en/industry/public-sector/understanding-basics-of-blockchain-in-government.html), governments around the world are embracing the potential: a transformation from stuffy bureaucracy to streamlined, efficient, secure systems.
Today, we want to highlight three government use cases that demonstrate how blockchain technology works for everyone.

Georgia: Reinventing the Tax System
The newly-appointed prime minister in our home base country, Georgia(http://forbes.ge/news/4141/Mamuka-Bakhtadze-we-will-use-blockchain-technologies-for-tax-administration), announced this week that his government will explore how to use blockchain to administer all taxes across the country except for value added tax. Development of the tax system will reduce double payments, map payments and refunds to individual and business entities, ensure accurate tracking mechanisms, and ease the administrative burden. The digital technologies will also provide the government with a cutting-edge elastic system primed for future growth and development.
Prime Minister Mamuka Bakhtadze announced the plan during a press conference in Tbilisi. Within the next year, the Ministry of Finance is expected to present a pilot project centered on revitalization of the tax system. It’s a bright beginning for the taxpayers of Georgia and an exciting one for Spotcoin.
Spotcoin selected Georgia as our home base in large part due to the openness and willingness to embrace the smart economy. Our team has an enormous amount of experience in payment processing and navigating finance regulatory issues (especially in Georgia), and we are excited to give back to the country. As Georgia launches the tax project, Spotcoin is ready to support the government with advice and expertise where warranted.

A Fully Digital Government in Dubai
In December 2017, Dubai announced(https://www.forbes.com/forbes/welcome/?toURL=https://www.forbes.com/sites/suparnadutt/2017/12/18/dubai-sets-sights-on-becoming-the-worlds-first-blockchain-powered-government/&refURL=https://medium.com/spotcoin/three-future-government-use-cases-e28c226763ad&referrer=https://medium.com/spotcoin/three-future-government-use-cases-e28c226763ad#3bac541e454b) their goal of running the entire city’s government on blockchain technology by 2020. Government administration is a burdensome bureaucracy based on paperwork. The jewel of the UAE plan is to shift to a paperless government, build on the backbone of blockchain. Bill payments, license renewals, visa applications, and key city transactions will be fully digitized and integrated into government administration. According to Smart Dubai(https://smartdubai.ae/en/Pages/default.aspx), the public-private partnerships could save over 25 million man-hours and deliver a total of $1.5 billion in savings.
The development of blockchain backed government systems will integrate the technology into the daily lives of everyday people and support individuals who have been traditionally shut out of economic development. That is a goal that Spotcoin is primed to support with our exchange and Spotpay systems.

Identity Verification in the United Kingdom
Switching gears from the financial systems, the United Kingdom is investigating potential blockchain technologies for identity management. Every day there’s a new headline about data breaches and stolen identities. The result is that personal data is no longer as personal we might expect.
The UK government is in search for a way to secure identities through the blockchain. According to the report from Reform UK(http://www.reform.uk/wp-content/uploads/2017/11/The-future-of-public-service-identity-blockchain.pdf), an independent, non-party think tank focused on government efficiency, blockchain-backed identity management can ensure individuals control of their personal information. Most importantly, it allows them to dictate who is allowed access and in what form.
Spotcoin is watching the UK case with anticipation. Secure authorization and government backed identity will make a great case for the secure use of the blockchain. Easily traceable, trackable, digital identity records encourage speedier validation and bolster trust in the smart economy.
The Spotcoin community will benefit from these and hundreds of other projects in the pipeline around the world. Our mission to make the smart economy work for everyone is intricately linked to the success of government adoption and technology innovation. It’s a brave new world out there, and Spotcoin is proud to be a part of it.

________________________________________

Interested in more Spotcoin?

Join our Telegram community: "https://t.me/spotcointeam" Spotcoin Team, "https://t.me/spotcoinnews" Spotcoin News , and "https://t.me/spotcoinbounty" Spotcoin Bounty .

Take a look at our complete ICO offering "https://www.spotcoin.com/token" .

Read our Whitepaper "https://www.spotcoin.com/whitepaper", for more details.

Visit ''https://spotcoin.com'', where we make digital currencies work for everyone.

Residents and citizens of the United States and US territories are prohibited from taking part in the SPOT Airdrop and the SPOT public sales. Residents and citizens of the following countries are prohibited from taking part in the SPOT public sales: Bosnia and Herzegovina, China, Ethiopia, Iran, Iraq, North Korea, South Korea, Sudan, Sri Lanka, Syria, Trinidad and Tobago, Tunisia, Serbia, Vanuatu, Yemen

However, certified accredited U.S. investors can take part in the SPOT private sale. Chinese and South Korean investors can participate in the private sale when paying with digital currencies, after signing the SAFT form and completing the KYC /AML process. Any investment in digital currencies comes at a risk. No one should invest money that he or she can not afford to lose.

Forward-looking statements are provided to allow potential investors the opportunity to understand management’s beliefs and opinions in respect of the future so that they may use such beliefs and opinions as one factor in evaluating an investment. These statements are not guarantees of future performance and undue reliance should not be placed on them. Such forward-looking statements necessarily involve known and unknown risks and uncertainties, which may cause actual performance and financial results in future periods to differ materially from any projections of future performance or result expressed or implied by such forward-looking statements.

Although forward-looking statements contained in this email are based upon what management of the Company believes are reasonable assumptions, there can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. The Company undertakes no obligation to update forward-looking statements if circumstances or management’s estimates or opinions should change. The reader is cautioned not to place undue reliance on forward-looking statements.

[Asura World is proud to invite DeMoN on board as our Dota 2 Ambassador. DeMoN, or otherwise known as Jimmy Ho, is one of the most recognized Dota 2 player in the world!]

Asura World is proud to invite DeMoN on board as our Dota 2 Ambassador. DeMoN, or otherwise known as Jimmy Ho, is one of the most recognized Dota 2 player in the world!

Having played on major teams such as Evil Geniuses, Team Liquid, TNC, Complexity Gaming, Infamous, Fnatic, Digital Chaos, and more. Jimmy’s knowledge and experience with Dota 2’s pro scene is unrivaled and together with Asura World, DeMoN will not only be representing the Asura World brand at global Dota 2 events but also with content and coaching later for the Asura World community.

DeMoN’s Dota 2 history lists him as one of the longest playing professional Dota 2 players in the world [7 years], having participated in 4 TIs [The International, Dota 2’s biggest annual tournament organized by Valve.] and too many other major tournaments to even count. Jimmy “DeMoN” Ho, is recognized as one of the best support players in the world, a high risk high return player playing on the highest level in Dota 2!

ICO Extension?

Statement from the CEO:

After long and arduous discussions with the team, we have decided to extend the ICO for another month till the 31st of July. But what would this mean for everyone?

Everyone can expect more announcements of both strategic and value partnerships that was originally planned for June to be released in July.
There will not be any delays in development of Asura World as that is already in progress behind the scene.
Exchanges? There actually won’t be too much of a delay in this from the ICO extension, although I can’t go into too much details here. But this is definitely not an area we have neglected.
Community Appreciation airdrop? Time won’t be changed, after 30th of September.

So why are we extending the ICO?

Because we don’t want to end up depending on VCs or other major funds. By allowing VCs and/or other major funding parties to join Asura World, Asura World may not end up the same as how we originally envisioned, something that should've been purely for the eSport community.

Peter Shen
CEO of Asura World LLC

To learn more about the Asura World platform and current Crowd Sale please visit:

Website:   https://asuracoin.io/ 
Telegram: https://t.me/asuracoin

[Go together like picks and shovels]

Go together like picks and shovels
Spotcoin and Golden Fleece are both from Georgia. Golden Fleece are mining experts, taking full advantage of the abundance of cheap hydropower in Georgia.
Spotcoin has an established OTC, and offers liquidity for mined coins. Last November, Spotcoin and Golden Fleece teamed up, working together ever since.

But mining has quickly developed from an ‘anyone with a spare server’ side job into a cutting edge multi-rig business that is not without its controversies. Let’s check in with Spotcoin co-founders Andrew Thornhill and Guram Rukhadze -also the company’s CTO- about the partnership with Golden Fleece.

Developing a mining site is expensive. Why should Spotcoin be involved with mining?
AT: Mining digital currency is an essential part of the global eco-system. There are many currencies that are now and will continue to be minable, and by obtaining them through mining Spotcoin gets the benefit of providing more liquidity into the digital exchange. SPOT token holders get the benefit of a 12 percent dividend from the profit earned over Spotcoin’s businesses, including the mining operation. We can run mining at a higher profit margin than many because we can access low cost electricity rates in Georgia. Computer server hash power is the conduit to all of this business and the electricity cost to run these servers is the common denominator. On top of that, Georgia has the highest renewable energy percentage as total countrywide, for energy production in the world. As Spotcoin is a digital currency integrator company that is in Georgia, it simply makes sense that Spotcoin should be engaged in digital currency mining on some level.
How did the partnership with Golden Fleece come about?
GR: Spotcoin was introduced to Golden Fleece in the Fall of 2017 and we quickly formed a partnership. As an OTC marketplace, Spotcoin offers Golden Fleece additional selling points for their mined currency and Golden Fleece offers Spotcoin tons of technical knowledge, contacts and experience in mining currencies and more specifically, mining currencies in Georgia.
Why partner with Golden Fleece?
AT: Golden Fleece are great partners for Spotcoin. We share a love for Georgia, a desire to have a healthy place at the future digital currency table, and for growth of business.
GR: They were the first ever Georgian ICO, they have experience, knowledge, a good vision for Georgia and on top of it all, they are great guys! That stuff matters. Spotcoin and Golden Fleece have very similar core business ethics, we go a long way to build trust and provide transparency.
Can investors and consumers come to Spotcoin if they want to get involved with mining?
AT: Absolutely yes. Spotcoin offers a huge value add to any person or company that is mining now, wants to mine in the future or simply wants to be part of the new, evolving digital economy. Spotcoin is already partnered with several mining operations in Georgia. One of these projects is the construction of a building that has a direct power line into one of the largest dams in Georgia.
GR: This facility will store Spotcoin mining servers but will also rent excess capacity to others who want to mine or host. Spotcoin can offer these services, on top of our OTC services to actually sell or trade the mined coins.
What about the sustainability side of mining?
It’s an issue, but besides the fact that Georgia has abundant hydropower, Golden Fleece is developing a facility at the sunny Black Sea coast covered with solar panels, and are planning on generating 15% of their electricity through solar power, to power what eventually should be a 20MW mining facility.
GR: That’s a lot of mining power, and they have the latest, most efficient equipment to work with. I’d say that is the best option and the closest thing we have when it comes to sustainable mining.
What does a potential SPOT token buyer get out of it?
AT: All Spot token holders will receive dividend payments from the total Spotcoin business operational profit, which includes mining and the renting out of excess capacity of the mining facility. To be exact, every quarter, 12% of net profits of our non-exchange operations will be distributed among SPOT token holders. And partially, you’ll have Golden Fleece to thank for it.
GR: And that’s on top of the dividend from 51% of the total trading fees generated by Spoitcoin’s digital exchange, that will be paid to SPOT token holders weekly.
________________________________________
Interested in more Spotcoin?

Join our Telegram community: "https://t.me/spotcointeam" Spotcoin Team, "https://t.me/spotcoinnews" Spotcoin News , and "https://t.me/spotcoinbounty" Spotcoin Bounty .

Take a look at our complete ICO offering "https://www.spotcoin.com/token" .

Read our Whitepaper "https://www.spotcoin.com/whitepaper", for more details.

Visit ''https://spotcoin.com'', where we make digital currencies work for everyone.

Residents and citizens of the United States and US territories are prohibited from taking part in the SPOT Airdrop and the SPOT public sales. Residents and citizens of the following countries are prohibited from taking part in the SPOT public sales: Bosnia and Herzegovina, China, Ethiopia, Iran, Iraq, North Korea, South Korea, Sudan, Sri Lanka, Syria, Trinidad and Tobago, Tunisia, Serbia, Vanuatu, Yemen

However, certified accredited U.S. investors can take part in the SPOT private sale. Chinese and South Korean investors can participate in the private sale when paying with digital currencies, after signing the SAFT form and completing the KYC /AML process. Any investment in digital currencies comes at a risk. No one should invest money that he or she can not afford to lose.

Forward-looking statements are provided to allow potential investors the opportunity to understand management’s beliefs and opinions in respect of the future so that they may use such beliefs and opinions as one factor in evaluating an investment. These statements are not guarantees of future performance and undue reliance should not be placed on them. Such forward-looking statements necessarily involve known and unknown risks and uncertainties, which may cause actual performance and financial results in future periods to differ materially from any projections of future performance or result expressed or implied by such forward-looking statements.

Although forward-looking statements contained in this email are based upon what management of the Company believes are reasonable assumptions, there can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. The Company undertakes no obligation to update forward-looking statements if circumstances or management’s estimates or opinions should change. The reader is cautioned not to place undue reliance on forward-looking statements.

[Episode 2 of our Spotcoin loves NEO series]

Episode 2 of our Spotcoin loves NEO series
Last month, we interviewed Spotcoin’s “Crypto Priest,” Joshua Chen. Josh is a youth minister in Taiwan and our Community Development Manager. Last month, Josh talked about his work with the City of Zion(https://medium.com/spotcoin/spotcoins-crypto-priest-and-the-future-of-neo-sharp-806a0e14313f) on the NEO Sharp Project, improving some of the core code.
We’ll get into more technical details in the next and final article about Josh.

I’m trying to build-up some of these developers who may be intimidated or have no idea what blockchain is.
First, we want to highlight Josh’s outreach services to the community. His ultimate goal is to recruit and mentor talented, young developers and support their education as they learn about blockchain technologies. Though based in Taiwan, Josh’s work transcends borders.

Spotcoin has a regional focus on the Black Sea region, where they are launching the Black Sea Blockchain Institute. The Institute will be a top fintech academic center, focused on Education, Research and Innovation in blockchain. The institute and accelerator will advance and incorporate blockchain technology use cases covering digitizing assets, smart contracts, and digital identities.
Spotcoin recognizes the worldwide NEO community. The internet has created a smaller world, with individuals globally connected in pursuit of a shared goal. The community is key to the successful implementation of public ledger technologies and the blockchain. And it also has the power to grow and sustain relationships beyond borders.
Josh’s role is to do just that. Though centered in the blockchain community in Taiwan, he creates bonds and incubates developers worldwide through relationships and shared experience. Continuing with our interview, Josh shares about community development and advice for future developers.

SC: What is included as Community Development Manager?
JC: One of the things I’m also doing, and tying it back into my ministry, is going to universities and talking to professors. We want to provide opportunities for students. I’m recruiting, asking them to come work on the NEO Blockchain, come and work on these projects. It can be NEO python, NEO whatever.
I’m trying to build-up some of these developers who may be intimidated or have no idea what blockchain is. They may think: “I don’t know blockchain. I don’t know the language. It’s all English and my English is not good.” (I am based out of Taiwan, where the predominant language is Mandarin)
And, I want to go and say hey, come on board! I want to be a “help you.” I want to help you earn some valuable skills and give them an opportunity to do these modern jobs. If you become a blockchain developer, there is very high demand. I want to help them find talents that are suitable to developing software or technology. I’m telling them they just need to know C#. If they know C# I can help them, get them set up, and mentor through the process. Helping them channel their youthful energy and innovation into this and incubate talent so they can see they can do it.

SC: In Taiwan?
JC: Yeah. I’m connected to Taiwan with the blockchain community here. I’m connected to a blockchain accelerator here and we’re looking at how we can create opportunities, internships. There are tons of companies here in Taiwan looking for blockchain developers and what I’m hearing over and over again is: “We can’t find people. We can’t find anyone to do it. We want to pay.” I’m seeing this, and I see the developers here and I’m trying to connect them and train them up so that they can start contributing.

SC: Spotcoin has a current regional mission in the Black Sea Region. Do you get a chance to work across borders?
JC: As I have a number of ministry responsibilities here in Taiwan, I haven’t gotten the chance to work across borders quite yet, but I would welcome the opportunity!

SC: There’s always the question from young people. “How do I get involved? What can I do?” What is your advice to those looking for opportunity?
JC: Join the community! I know that it can be intimidating and it’s hard to find the first step. But I find that if you just take the plunge and try, you may find that it isn’t as bad as you think. Alex, the maintainer of NEO-sharp often quotes Richard Branson, “If somebody offers you an amazing opportunity but you are not sure you can do it, say yes — then learn how to do it later!” You may not know everything, you may not know most things, but you know somethings and you definitely don’t know nothing. Try it and learn. Everyone starts off in the same boat and if you are willing to try, you can really learn a lot. Just ask for help.

SC: What are the opportunities to get interns and recruit?
JC: If you are local in Taiwan and in particular Tainan, and have some technical expertise in Python or C# and want to learn how to do this with others, contact me at joshua.chen@spotcoin.com . I would love to talk with you!

SC: Do you currently hire? Do you know what future staff screening may look like?
JC: Right now, I do hire locally for part time work. In the future, we will look to expand this out further. We are evaluating what kind of staff we are looking for in the future.

SC: What about people who may not be developers. Are there other ways to get involved with the blockchain community?
JC: Yes! Documentation is always a good starting place. Reading through and asking the questions can really help in writing documentation. You may think you know nothing and can’t help. But in reality, you are in the best position. You are learning and the questions and thoughts you have are going to be typical of anyone involved in the beginning of the project. So your perspective is going to be invaluable. Most of those who are involved already have a different perspective and things that are intuitive to them aren’t intuitive to those who are just starting out.

In conclusion: the blockchain community is open to all.

And people like our own Josh Chen make it work for anyone. There will be one more article with Josh coming up, in which he goes into more depth about the technical side of the NEO Sharp Project. So if you’re a developer or just interested in NEO, watch this space!

— —
Interested in more Spotcoin?

Join our Telegram community: "https://t.me/spotcointeam" Spotcoin Team, "https://t.me/spotcoinnews" Spotcoin News , and "https://t.me/spotcoinbounty" Spotcoin Bounty .

Take a look at our complete ICO offering "https://www.spotcoin.com/token" .

Read our Whitepaper "https://www.spotcoin.com/whitepaper", for more details.

Visit ''https://spotcoin.com'', where we make digital currencies work for everyone.

Residents and citizens of the United States and US territories are prohibited from taking part in the SPOT Airdrop and the SPOT public sales. Residents and citizens of the following countries are prohibited from taking part in the SPOT public sales: Bosnia and Herzegovina, China, Ethiopia, Iran, Iraq, North Korea, South Korea, Sudan, Sri Lanka, Syria, Trinidad and Tobago, Tunisia, Serbia, Vanuatu, Yemen

However, certified accredited U.S. investors can take part in the SPOT private sale. Chinese and South Korean investors can participate in the private sale when paying with digital currencies, after signing the SAFT form and completing the KYC /AML process. Any investment in digital currencies comes at a risk. No one should invest money that he or she can not afford to lose.

Forward-looking statements are provided to allow potential investors the opportunity to understand management’s beliefs and opinions in respect of the future so that they may use such beliefs and opinions as one factor in evaluating an investment. These statements are not guarantees of future performance and undue reliance should not be placed on them. Such forward-looking statements necessarily involve known and unknown risks and uncertainties, which may cause actual performance and financial results in future periods to differ materially from any projections of future performance or result expressed or implied by such forward-looking statements.

Although forward-looking statements contained in this email are based upon what management of the Company believes are reasonable assumptions, there can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. The Company undertakes no obligation to update forward-looking statements if circumstances or management’s estimates or opinions should change. The reader is cautioned not to place undue reliance on forward-looking statements.

[Interested in more Spotcoin?]

Getting ready
Thank you for your interest in our second Weekly Roundup, your weekly insight in the goings on at Spotcoin.
First of all, we are happy to announce that the investors who bought SPOT during the Pre-ICO can now view the tokens in their Spotcoin profiles using the “Transaction History” drop-down menu item after logging into their Spotcoin accounts. The final distribution of the tokens will happen after the ICO and third-party audit are complete, but you can already see your very own SPOT. Welcome to the Spotcoin family!

After last week’s excitement around the Pre-ICO(https://medium.com/spotcoin/2-5-million-spot-pre-ico-closed-early-1f88cdac4dae), the team has been back on road building relationships.
Just a quick update:
• Our CEO Tim Gick spent this week in the US, setting up some important partnerships that we can’t announce just yet, but should bring real value to our SPOT token.
• On Wednesday, our Spotcoin Ambassador Andrew Thornhill spoke at the Georgian Bitcoin and Blockchain Conference, joined by Armenia Country Manager Anait Ambartsumyan.
• On Friday, our CSO Sean Mulcahey and Marketing Manager Ketevan Popkhadze met with the Georgian Innovation and Technology Agency. We are continuing to work together to address issues and opportunities in the blockchain space.
• Spotcoin is based in Georgia, where Mamuka Bakhtadze was just approved to become that country’s next Prime Minister. Bakhtadze is interested in incorporating blockchain(http://forbes.ge/news/4141/Mamuka-Bakhtadze-we-will-use-blockchain-technologies-for-tax-administration) into the Georgian tax authority’s operations.
You can read more about Spotcoin’s view on government and regulation issues in one of our Medium articles(https://medium.com/spotcoin/spotcoins-legal-vision-52a5e7998136) from this week.

Also, don’t miss our articles about our choice for NEO(https://medium.com/spotcoin/spotcoin-loves-neo-ep-1-why-did-we-the-choose-neo-blockchain-ed5e2d2e5f4b),
our OTC(https://medium.com/spotcoin/five-things-you-need-to-know-about-our-otc-c177c2519cbf),
our legal partner Juscutum(https://medium.com/spotcoin/spotcoin-partners-with-juscutum-for-ico-of-spot-5de88af7407f) and
our Spotcoin Mission(https://medium.com/spotcoin/spotcoins-road-to-the-ico-4064f2893d5b)

What else?
We are working hard to finalize our ICO preparations, testing everything needed on the technical side. Also, we’re teaming up with third party specialists to make absolutely sure we will be ready. A final ICO date will be announced as soon as possible. It won’t be long now.

Enjoy your weekend,
The Spotcoin Team
— —
Interested in more Spotcoin?

Join our Telegram community: "https://t.me/spotcointeam" Spotcoin Team, "https://t.me/spotcoinnews" Spotcoin News , and "https://t.me/spotcoinbounty" Spotcoin Bounty .

Take a look at our complete ICO offering "https://www.spotcoin.com/token" .

Read our Whitepaper "https://www.spotcoin.com/whitepaper", for more details.

Visit ''https://spotcoin.com'', where we make digital currencies work for everyone.

Residents and citizens of the United States and US territories are prohibited from taking part in the SPOT Airdrop and the SPOT public sales. Residents and citizens of the following countries are prohibited from taking part in the SPOT public sales: Bosnia and Herzegovina, China, Ethiopia, Iran, Iraq, North Korea, South Korea, Sudan, Sri Lanka, Syria, Trinidad and Tobago, Tunisia, Serbia, Vanuatu, Yemen

However, certified accredited U.S. investors can take part in the SPOT private sale. Chinese and South Korean investors can participate in the private sale when paying with digital currencies, after signing the SAFT form and completing the KYC /AML process. Any investment in digital currencies comes at a risk. No one should invest money that he or she can not afford to lose.

Forward-looking statements are provided to allow potential investors the opportunity to understand management’s beliefs and opinions in respect of the future so that they may use such beliefs and opinions as one factor in evaluating an investment. These statements are not guarantees of future performance and undue reliance should not be placed on them. Such forward-looking statements necessarily involve known and unknown risks and uncertainties, which may cause actual performance and financial results in future periods to differ materially from any projections of future performance or result expressed or implied by such forward-looking statements.

Although forward-looking statements contained in this email are based upon what management of the Company believes are reasonable assumptions, there can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. The Company undertakes no obligation to update forward-looking statements if circumstances or management’s estimates or opinions should change. The reader is cautioned not to place undue reliance on forward-looking statements.

[1* A proven method]

Five things you need to know about our OTC
For one, it will provide dividends.

Simple liquidity isn’t just a catchy marketing gimmick. It is the life blood of our business, and the driving force for everything we do.

But what is the Over-the Counter (OTC) Marketplace and why is ours special? Read on to learn five key things you need to know about the Spotcoin OTC.

1* A proven method
OTC marketplaces are often constrained by a lack of liquid assets. This results in caps on trade amounts and restrictions on trade flow. There was a need to support high-dollar trades and fiat to digital services, especially in the Black Sea region.

We wanted better. So, we built it.

Established in November 2016, the preliminary OTC processed over $1M per month in trades just two months after launch. The company cleared over $5M in trades by the end of its second quarter in operation.

Key to success was our next day settlement policy and our ability to successfully settle every trade entrusted to us.

2* Next business day settlements
Success flourished with our ability to deliver all settlements within 1 business day of trade request. Our established relationships with multiple banks in Europe allowed us to facilitate high value bank transfers and ensure simple liquidity remains simple.

As we launch the new version of the OTC, our commitment to next business day settlements is stronger than ever.

3* We’re making it even better
Never one to sit on our laurels, Spotcoin recognized the $10B marketplace needed a more robust solution. With NEO targeting 100,000 transactions per second (TPS) by 2020, our OTC needed to be scalable to grow with the any large increases in digital currency trade volume and demand.

The new OTC is built on the concept of the first. But better.

Our new platform will include: digital asset wallet integration, automated deposit and withdrawal functionality, 2FA, and a simple user interface. Easy to use, the development of automation tools and strategic partnerships ensure our customers benefit from quick trades and quick results. Any OTC client that trades in excess of $1M per month is assigned a Spotcoin Ambassador that will provide personalized service for each and every trade. They are just a phone call away.

4* The go-to OTC marketplace for Big Trades
The access to capital, banking partnerships, and next business day settlements deliver comfort and security to high-dollar investors. This is a big step up from trading on exchanges where it could take a long time for very large deals an order to be executed, creating sell or or buy ‘walls’ that stop the easy flow of orders on the exchange. The simple liquidity our OTC provides reduces risk for our clients.

5* Quarterly dividends for SPOT holders
As the ICO launch speeds toward us, the dividend question is ever-present.

The OTC business line provides that dividend. Every quarter, SPOT holders will earn 12% of net profit from the all business lines, including the OTC. This dividend will start the first profitable quarter and continue moving forward. That is on top of the weekly dividends of 51% of the exchange fees coming from our future automated exchange. It’s a nice way to earn extra cash.

Interested in more Spotcoin?

Join our Telegram community: "https://t.me/spotcointeam" Spotcoin Team, "https://t.me/spotcoinnews" Spotcoin News , and "https://t.me/spotcoinbounty" Spotcoin Bounty .

Take a look at our complete ICO offering "https://www.spotcoin.com/token" .

Read our Whitepaper "https://www.spotcoin.com/whitepaper", for more details.

Visit ''https://spotcoin.com'', where we make digital currencies work for everyone.

Residents and citizens of the United States and US territories are prohibited from taking part in the SPOT Airdrop and the SPOT public sales. Residents and citizens of the following countries are prohibited from taking part in the SPOT public sales: Bosnia and Herzegovina, China, Ethiopia, Iran, Iraq, North Korea, South Korea, Sudan, Sri Lanka, Syria, Trinidad and Tobago, Tunisia, Serbia, Vanuatu, Yemen

However, certified accredited U.S. investors can take part in the SPOT private sale. Chinese and South Korean investors can participate in the private sale when paying with digital currencies, after signing the SAFT form and completing the KYC /AML process. Any investment in digital currencies comes at a risk. No one should invest money that he or she can not afford to lose.

Forward-looking statements are provided to allow potential investors the opportunity to understand management’s beliefs and opinions in respect of the future so that they may use such beliefs and opinions as one factor in evaluating an investment. These statements are not guarantees of future performance and undue reliance should not be placed on them. Such forward-looking statements necessarily involve known and unknown risks and uncertainties, which may cause actual performance and financial results in future periods to differ materially from any projections of future performance or result expressed or implied by such forward-looking statements.

Although forward-looking statements contained in this email are based upon what management of the Company believes are reasonable assumptions, there can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. The Company undertakes no obligation to update forward-looking statements if circumstances or management’s estimates or opinions should change. The reader is cautioned not to place undue reliance on forward-looking statements.