[What other potential use cases for blockchain do you know?]

Most cryptocurrency investors make sure to research the projects they are investing in. People should know what blockchain, smart contracts, and mining are if they are putting their money into cryptocurrencies.

Of course, you won’t know everything in the world, for example, what are the 17 blockchain use cases by blockchain companies? Let’s take a look:

1. Cancer treatment
2. Fair Pay for Actors
3. Illegal trade of diamonds
4. Healthcare
5. Tokenization of tangible assets
6. Clean adult entertainment
7. Sky control
8. The insurance industry
9. Food and Pharma
10. Blockchain investor warning system
11. Blockchain and Copyright laws
12. Voting
13. Taxes and compliance
14. Data backup on the blockchain
15. Tracking weapons
16. Encrypted Messaging
17. The Internet of Things

What other potential use cases for blockchain do you know?

Link to the original article - Blockchain Use Cases

[What is your opinion on airdrops? Do you participate in them? Do they do more bad than good?]

Over 340 ICOs have already raised almost $9 billion since the beginning of 2018. The cryptocurrency market is filled with uncertainty at the moment, but with all the scammers, hackers and creeping crypto regulations – these numbers are something to be proud of. Quite a number of people thought that 2017 was the year of ICOs, but in reality, only around 210 ICOs raised under $4 billion.

It appears that the signs of bears coming to the market and SEC overlooking every project didn’t startle the ICOs – they are still growing in popularity.

First of all, what is an airdrop? It can be described simply – free tokens, free money. It’s a “new” way of marketing to raise awareness. Free tokens are given to people for completing simple tasks like joining Twitter, Telegram, Facebook channels or for no reason whatsoever.

Also, there have been cases where airdrops were real, physical ones – balloons were filled with ICO tokens.

Airdrops might be one way to evade the securities laws and they have sure gained some popularity. Everyone loves free money! There are websites that you can sign up for and receive alerts when airdrops go live.

Airdrops have been a topic of discussion to the SEC for quite some time now. Airdrops might be a good way to get around the bans on advertisement, an excellent way to get more people, but it will just hurt you in the long run.

What is your opinion on airdrops? Do you participate in them? Do they do more bad than good?

Link to the full article: http://tokenlion.net/blog/post/150/dark-side-of-airdropsnot-sec-compliant

[32 thousand]

Hello,

On May 21st our Tokenlion platform calculated that Medicohealth has gained over 32 thousand new followers on Twitter, but just 5 new subscribers on Telegram. Because of this enormous difference we inspected their Twitter account.

What we found wasn't really great - the huge majority of "new" followers are actually low-quality fake ones.

How could we tell?
- No profile pictures
- No descriptions
- No tweets
- The same amount of followed accounts on different Twitter accounts or really similar numbers.

Only a handful of accounts were legit and real people who were interested in this ICO, or cryptocurrency in general.

Not only that, but they have created their Twitter account in February 2018 and already have 63.6K followers.
Compared to the number of following, their user activity or engagement isn't high

We have also spotted enormous fluctuations - from May 7th to May 8th they have lost over 12K followers in 24 hours.
From May 11th to May 12th they lost 26,874 followers. And all of this happened on Twitter.

Since May 1st up to this day, they have gained just over 190 subscribers on their Telegram account. Compared to Twitter, it's nothing but a great indication of cheating the numbers.

We have also found 2 Advisors who are Experts on ICO Bench (Ivo Grlica, Simon Cocking).

Link to the full review of Medicohealth

What do you think about ICOs or Cryptocurrency projects that buy huge amounts of followers? Do they do it just to look good? To attract naive investors?

[Over $1 Billion Lost to Sh*t Projects or How to Spot Red-Flags]

Over $1 Billion Lost to Sh*t Projects or How to Spot Red-Flags

We all probably know the number of crapcoins, shitocoins and other matter-coins floating around in the crypto air. The Wall Street Journal says that the number of scammy and shady projects could be greater than in the early days (well, it’s not a surprise) by claiming that it estimates to around 200 projects.

Apparently, the Wall Street Journal analyzed over 1,450 tokens and found 271 ones which raised some red-flags.

What are the red flags for most crypto/ICO Projects?

• Ponzi Schemes
• Vague aims and values
• Website designed like no one cares about it
• Glitchy web applications (not always a red flag)
• Promises of huge ROI
• Good ol' stock images or really bad quality ones
• Poor/weak whitepaper
• Plagiarised whitepaper

The funny thing is that some projects were so reckless or ignorant that they left content pieces from original whitepapers and didn't even bother to change the names.

Link to the original article

What are the red-flags that you look out for?

[A crypto exchange with zero trading fees. Launching Next Month.]

A crypto exchange with zero trading fees. Launching Next Month.

Looks like there are plans for an upcoming cryptocurrency exchange to use the new Nasdaq technology.

The new centralized cryptocurrency exchange “DX” will use a technology provided by Nasdaq, says CEO of the project Daniel Skowronski. He calls the new crypto exchange the one stop shop for “exchanging fiat and crypto, holding coins and as well as wallet services.”

Link to the article

What do you think? Will this new and centralized cryptocurrency exchange be attractive to folks who want "Regulated exchanges"?

[Why Crypto Hasn't Gone Mainstream Yet]

Why Crypto Hasn't Gone Mainstream Yet

After a decade of trading and a market cap in hundreds of millions, it?s not yet clear ? will cryptocurrencies like Bit[Suspicious link removed]ver to the mainstream use?

One factor that could make or break a cryptocurrency is the ability to outgrow its FinTech image and put on some real economy clothes. It depends on consumers who decide whether or not to adopt cryptocurrencies as a payment method. Sadly, they are still vague when it comes trading fiat money for the cryptocurrency.

Also, some high-profile people are pessimistic on this idea of cryptocurrencies. A Nobel Prize-winning economist Robert Shiller (no pun intended) compared cryptocurrency with the Dutch tulip mania. On the other hand, Myron Scholes, another Nobel laureate, is taking part in the development of a low-volatility cryptocurrency Saga (SGA).

So, why cryptocurrencies aren?t mainstream yet?

1. Difficulties Spending
2. Poorly Understood
3. Volatility!
4. Legalities and other Regulations
5. Illegal Activities
6. Bitconnect!
7. Unregulated
8. Not a Commodity, not a Currency
9. Media Influence
10. Learning Curve

These are just the main outlines.

If interested, you can find the full article where each point is commented in detail here:
http://tokenlion.net/blog/post/117/10-reasons-why-cryptocurrency-isnt-mainstream-yet

What is your opinion on this? What are the reasons YOU think Cryptocurrency is not mainstream? If you had any crazy stories with crypto, let's hear it!

[$10 Billion Worth of Bitcoin Stored in Underground Vaults]

$10 Billion Worth of Bitcoin Stored in Underground Vaults

Numerous investors are storing their Bitcoin in underground vaults all over the world to prevent the assets from being stolen. This appears to be the most hardcore “hodling” ever recorded.

A company based in Hong Kong – Xapo – provides Bitcoin wallets and cold storage services. The company holds nearly $10 billion worth of Bitcoin in its vaults, Bloomberg states.

Taking a look at the numbers, it’s about 6% of the current market cap of Bitcoin, and it belongs to a single entity. This makes Xapo one of the biggest crypto storage services in the world.

Link to the article: http://tokenlion.net/blog/post/122/extreme-hodling---10-billion-worth-of-bitcoin-in-underground-vaults