[Note: We are making this thread for FreeMarks, if you have questions or concerns please contact FreeMarks directly.]

Note: We are making this thread for FreeMarks, if you have questions or concerns please contact FreeMarks directly.

Worldfree’s primary aim is to build a free and more effective business network using an advanced and stable asset-backed cryptocurrency, in a virtual world accessed through natural language (normally-spoken language, initially English, but later multi-language). The company’s origin as a software developer with commercial software systems sold to many G200 companies for searching and delivering direct answers to questions from live, unstructured text is a value when brought to the cryptocurrency field.

Yet, there are other pressing problems with the blockchain technology that preclude its use as a vehicle for introducing Worldfree’s proprietary natural language reasoning technology. Chiefly, the blockchain is not a scalable technology, and the consensus method of decisionmaking often touted as an advantage, is in fact a disadvantage, as this White Paper discusses. There are better, more just, rational and equitable methods for decision making.

The cryptocurrencies themselves suffer from economically poor design in general. First among uses of currencies is as a medium of exchange. But as a consequence of their success, and early-stage design, today’s currencies are massively deflationary, if not generally unstable. As they rise in price (as if successful equities), their purchasing power likewise increases. This is seemingly good for owners, and encourages holding cryptocurrencies, but not spending them.

The crypto-economic world is thus stifled. Just as modern central bankers make great efforts to avoid deflationary environments because they stunt economies, a cryptocurrency must be designed to be a more functional alternative than fiat currencies, so that daily use for buying and selling other items is encouraged as a practical alternative currency for normal business needs.

The secure FreeMark is a medium of exchange engineered to preserve the purchasing power of your wealth. Unlike other currencies, it is backed by real assets. As the money supply grows, you earn royalties for owning the FreeMark.

             

Worldfree’s FreeMark is a new cryptocurrency to be introduced in 2018 that will eventually have 100% backing, automatically pegged by the Atomic Central Bank ® to a basket of 20 commodities. It can be immediately converted into most other currencies or used to purchase goods and services on the Worldfree Network. Holding it should deliver an increase in ownership on an average balance, correlated to the positive growth of the money supply. Thus it works contrary to normal fiat currencies, where increases in money supply reduce value; with the FreeMark they receive more of them at the same value. Existing cryptocurrencies are often unstable over short periods, massively inflationary or deflationary.

• Necessary for a sound and expansive crypto-economy, a stable currency, pegged to a basket of 20 commodities (to the 12-month moving average) eliminates the volatility of government and crypto fiat currencies.
• The FreeMark is built upon a better model of transactions than just the blockchain. The Nodechain uses "ownership" as the basis of its data structure, while immutable blockchains store transactions independently and privately for each owner, keeping their data off public networks, even though it is encrypted.
• The FreeMark is not a fiat currency. Government or Cryptofiat currencies like Bitcoin have no intrinsic value. It and other stable coins have taken the worst aspect of government currencies and copied it in the digital world. There are no physical or productive assets backing them, unlike the FreeMark, where 65% of revenues from sales go into an audited, regulated fund.
• To be adopted by mainstream users, a crypto currency must give them an incentive to switch. The patent-pending Growth Rate Royalty automatically pays owners greater returns the earlier they buy. These returns are paid in FreeMarks based upon your average monthly balance. During the first year, the royalty rate is 7.5% times the growth rate of the FreeMark money supply (not 7.5% interest). Because growth rates are higher in the beginning, earlier owners are paid more.

Worldfree also introduces Nodechain technology, which is different than a blockchain because it does not store transactions system-wide. It operates in a massively parallel architecture, and data file sizes per node are anticipated at less than 1Mb, with a 50X redundancy factor, irrespective of the network’s size. Transactions on the Nodechain network can be processed predominantly on the participating parties’ systems, with an effectively randomly-selected node updating the coin ownership, accessed through a function of a hash pointer. The patent-pending Nodechain still fulfils the design requirements to eliminate double spending, with greater security and better privacy, overcomes the limitations of the consensus paradigm, and processes transactions in seconds for each participant, irrespective of network size. It is distributed with redundancy, using extent-based parallel access.

The Worldfree Network utilizes a cryptocurrency foundation engineered for prime-time and mass adoption, with a better designed economic and technological foundation.

                             

The Worldfree Team
Worldfree has a global team with great experience in developing world-class application and network software and delivering it to G500 clients, as well as a group of experienced business advisors who have been invaluable in structuring and presenting our project, as well as providing future guidance.

Worldfree’s team has designed and developed innovative new software products that were then sold, installed, enhanced and maintained for some of the world’s leading companies. To do this implies being the best in a particular marketplace. Worldfree’s management has thus already demonstrate that capacity, and now offers an entirely new, leading technology in the cryptocurrency space. This technological leadership is important for any person who owns FreeMarks.

Worldfree management’s long history in the software field is the basis for a solid understanding of future directions, investor motivations and market forces—facilitating better judgement and generally helping to make higher quality decisions for long-term capital allocation and planning. The biographies of the team members are presented below and on the LinkedIn links.

Use of Funds
The graph below shows the projected growth of asset backing from the pre-sale through 2021, when we plan to attain 100% asset-backing, all while paying out royalties and developing the technologies that will make the FreeMark the world’s most widely used cryptocurrency.

Again, this full asset-backing occurs by prudent investing of the FreeMark Reserve Endowment, along with earning transaction fees and other fees, for instance those the Atomic Central Bank earns for lowinterest loans. In addition, the graph below shows how funds that are earned from the sale of FreeMarks will be apportioned to the various interested parties, as well as the distribution of tokens from the ICO sale. We are seeking to sell $fm6 million in the pre-Sale, and $fm25 million in the initial ICO.

These allocations are approximate. PwC will be auditing both the pre-sale and the ICO, so that funds are allocated and managed according to the above standards.

See Our Development Timeline

Join us to help make this new vision of a more robust and scalable digital currency platform a reality by learning about how these three amazing new technologies combine to fulfil the potential of the new world of cryptocurrencies.

       

           

       

       

       

                   

[Note: We are making this post for Plaza_Systems. For any issues or questions please post on the thread, or contact Plaza_Systems directly.]

Note: We are making this post for Plaza_Systems. For any issues or questions please post on the thread, or contact Plaza_Systems directly.

The Intersection of Lifestyle & Technology

Plaza brings emerging technologies to life by focusing on everyday utility, convenience, efficiency, and security.

Featured Benefits & Components

Whether at home or on the move, our customers will be empowered by a world of choice.

Technology Application Layers

In addition to applying AI technology depicted above, Plaza will integrate the existing payment functionality with the key emerging technology of the blockchain in layers.

Consumer Lifestyle Ecosystem

The Plaza ecosystem is an aspirational consumer lifestyle product created through the intelligent integration of established and emerging technologies.

With a lifestyle-first focus, we concentrate on the needs and concerns of people accustomed to convenience and security and who are cognizant of the creeping invasion of corporations and governments into their digital lives.

Duel Cryptocurrencies Fuel the System

One of the side effects of using limited-supply tokens, such as the PLAZA token, for marketplace transactions is the potential for price volatility as realised by even hardened cryptocurrencies such as Bitcoin and Ether.

Thus, to synchronise the Plaza Ecosystem globally, stabilise prices, and create cross-market e-commerce compatibility, Plaza will issue a stable, fiat-backed cryptocoin, the PlazaDollar (PL$), to be used exclusively for Plaza marketplace transactions.

Anyone can easily rack up some PLAZA tokens
Anyone, regardless of their net worth, can participate at the earliest stage of what is shaping up to be 2018’s most exciting ICO. You may join one or both of the following events.






Roadmap

Plaza creates the leading decentralized consumer market with a lifestyle-first focus, the first to integrate a range of emerging technologies, such as blockchain and artificial intelligence (AI).

Plaza Core Team



Plaza Advisors



The latest from Plaza

News and opinion from Plaza Systems

[GrainIO]

Note: We are making this post for the GrainIO project. Please direct all questions to GrainIO

           
 









           

Closed thread.

[cedex.community]

Note: We are making this post for the CEDEX project. Please direct all questions to cedex.community here on the forums.

Read Whitepaper







About Cedex
CEDEX is the First Certified Blockchain Based Diamond Exchange

CEDEX.com is a global exchange that focuses on bridging the gap between the traditional diamond industry and the innovative financial markets. With its extensive industry knowledge, CEDEX wants to engineer a ground-breaking change – enabling people to liquidate and invest in diamonds like any other financial asset, in a transparent and secure way.

The CEDEX exchange enables anyone to invest in individual diamonds, shares of a high- value stone or shares in a basket of diamonds (ETF). Investors, buyers and sellers have full confidense because the diamond value is transparent, using the DEX, our machine learning algorithm and blockchain technology that rates a diamond’s asking price; liquid because it creates a two- sided market by enhancing both the supply and demand, and fungible because CEDEX creates a unique benchmark value, rate and contract for every stone.

The Technology
DEX – The Intelligence Behind CEDEX

DEX, our proprietary machine-learning algorithm has been created to bring transparency and coherency to the diamond financial market. The DEX comprises three main elements: gemological composition of individual diamonds listed on CEDEX, diamond market financial indices and global inventory analysis. Diamonds are onboarded to CEDEX and classified by categories. The DEX has been designed to incorporate artificial neural network technology using all available diamond data.

Try DEX for yourself!

See how easy, open and transparent it is to invest or trade in diamonds through CEDEX. Our DEX Beta version will give you a theoretical price for your diamond and rate it by its relative market value on the spot!
(for round carat stones 0.3, 0.5 and 1.0 carats. Once the DEX is fully developed it will be able to provide all type/size diamonds)

CEDEX Coin – Powering CEDEX Exchange

The CEDEX Coin is an ERC-20-compatible token traded over the public Ethereum blockchain. It will enable our participants to purchase diamonds on the CEDEX, transforming their assets into diamonds. Use of the CEDEX Coin will be driven by trading volumes generated on the CEDEX.com exchange and the demand of the diamond ecosystem. The CEDEX Coin will be listed on all major exchanges and will be transferable to other cryptocurrencies and fiat currencies.

The CEDEX Coin will be the only means of payment used on the CEDEX exchange.
The CEDEX Coin amount is limited and coins offered on the sale that will not be bought will be burned.

Roadmap
CEDEX has a seven-stage roadmap summarized below.






The Team




Advisory Board





CEDEX COIN TOKEN OFFERING

The pre-sale offering will be conducted over a 10-day period beginning on March 16th, 2018 at 10:00 GMT. The main-sale start date will be dictated by the completion of the pre-sale. If the pre-sale is completed within 24, hours main-sale will open at 10:00 GMT on March 17th, 2018. If the pre-sale is not completed within 24 hours the main sale will commence at 10:00 GMT on April 13th, 2018. In either event the main sale will last 28 days or until the maximum cap is reached.

- The CEDEX project will issue a maximum of, 100,000,000 CEDEX Coins. Due to the high volatility of ETH/USD rate CEDEX will cap the dollar value that will be sold throughout the Token-Sale to a maximum of USD $40 million. According to this adjustment the value of 1 CEDEX Coin will not exceed $0.8
- The public token sale will offer 50,000,000 CEDEX Coins. Currently, the CEDEX Coins are to be sold for 100,000 ETH.
- Up to 25,000,000 of the coins will be sold in the pre-sale and the remainder in the sale.
- All of the token supply will be created during the token sale and distributed once it is completed. Any tokens offered for sale to the public and not sold will be destroyed.
- As the Hard Cap for the Token-Sale will be published in ETH, prior to the Token-Sale, on March 14, 2018 08:00 GMT CEDEX will be locking and publishing the final ETH amount to be sold in the Token-sale

Users will be able to purchase CEDEX Coin in Ether, Bitcoin and fiat currencies according to the available rates in the market. A portion of the supply will be pre-allocated to the CEDEX founders and team members in the vesting schedule listed below. The company will hold 15% of the CEDEX Coin supply for future development and marketing expansion. This holding will also be used for purchasing additional diamonds in order to expand the financial offering of the CEDEX project.

Participants in the pre-sale and sale will receive special bonuses as indicated below:
- Pre-sale up to 25% of total CEDEX Coin – 0.3 CEDEX Coin for each CEDEX Coin purchased.
- First day of sale up to 25% of total CEDEX Coin – 0.15 CEDEX Coin for each CEDEX Coin purchased (ending at 24:00 GMT).
- Further information and updates will be posted ahead of time on cedex.com.

USE OF FUNDS

The net proceeds collected in the token sale will be used as follows:
- Up to 20% for finalizing the development of the DEX, Diamond-Token smart contracts and the exchange as described in the milestone section in Appendix C below.
- Up to 45% for marketing, business development and sales purposes. Most of the funds will be used for marketing the exchange in different jurisdictions. This will include online and offline marketing activities, signing partnership relations with various business partners and signing agreements with potential partners from the diamond industry.  
- Up to 20% for regulation, licenses, legal and operational purposes.
- Up to 15% for working capital.

The expected breakdown may be altered based on the Token Sale outcome and project progresses.

EXECUTION & BUSINESS ROAD MAP

The CEDEX project was launched at the beginning of 2017. The CEDEX team has already achieved extensive business and technological milestones, as illustrated in Fig. 10.

On October 2017 Tech Financials announced the project to the public. AIM Announcement October 23,2018 Below we have detailed the four milestones that are the building blocks of the CEDEX project.

Delete

[PLATFORM SUMMARY]

Note: We are making this post for the LiveTree ADEPT project. Please direct all questions to Livetree.Adept here on the forums.

The Livetree Adept main sale is now LIVE: https://secure.livetree.com/#!/seed/
___

LiveTree is an established, socially responsible crowdfunding company based in London, UK. Over the last two years, it has captured 5% of the UK crowdfunding market (in the film and content category) and forged partnerships with several leading names in film, TV and content creation, including the British Film Institute’s Future Film, the Screen Arts Institute, Kent Film Office, Film London and 20 organisations. LiveTree has compiled a contact directory  of 14,000 companies and thousands of individuals who work across film, TV and content creation.

PLATFORM SUMMARY



Armed with the learnings from the success of its current revenue generating platform, LiveTree is now ready to launch ADEPT (Advanced Decentralized Platform for Transparent distribution). The new platform supports projects throughout their entire life cycle, from creation through distribution to funding. It is a model that not only reimagines LiveTree’s existing operation, but the entire creative, film, TV and content industry.

Funding: unique project financing

ADEPT offers two new and unprecedented funding returns, as well as a funding model:
 
 •  Profit share return: This option enables backers to earn a percentage of any sales. For example, if a project creator opts to use Blossom TV, backers earn a percentage of each pay-per-view.

 •  IP rights return: Several contracts covering various IP transfer options are available, including per-territory, per-episode and per-license-period. This is discussed further in the Digital Rights Management (DRM) technical section of the whitepaper.

 •  Milestone-reached’ model: The crowdfunding industry currently has two models. The first is the ‘all-or-nothing’ model under which, if the funding target is not met, the funds are returned to the backers. For example, if the target raise is $1,000 and $999 is raised, the funds are returned. The second model is ‘keep-what-you-raise’, under which the creator keeps any funds raised. For example, if the target is $1,000 and $999 is raised, the creator keeps what has been pledged. ADEPT introduces a third completely new model: ‘milestone-reached’. Under this system, a milestone target is set and backers’ funds are only released upon sign-off. For example, the creator sets two milestones, the first at $1,000 and the second at $2,000. Backers pre-fund the first $1,000, which is released only upon sign-off (or a timeout). This process is repeated with every pre-set milestone. If a dispute occurs an arbitration process takes place similar to the current LiveTree (e-Bay-style) resolution procedure.



ADEPT is the first platform to offer content creators a combination of reward-based crowdfunding, profit share and IP revenue. Its ‘milestone-reached’ funding model is also unique. These are made possible through the use of smart contracts and decentralized technology. All contract fees and payments in Seed drive demand for Seed and, as a result, its value. These innovations alone will assist ADEPT in becoming the market leader in the global $1bn crowdfunding industry for film, TV and content.

Distribution: Blossom decentralized channel

Using the network effect of potentially hundreds of thousands of team members, content creators can decide how best to market and distribute their work. ADEPT supports three possible distribution scenarios:

 •  Blossom: This is a revolutionary new online channel operated by ADEPT. Initially, it will operate purely using ADEPT’s unique pre-pay-to-view (PPVOD) model in order to capture market share. This enables fans to pre-pay for the content they want to watch. It is envisaged that independent content-makers and the LiveTree Incubators will be early adopters. Subscription (Netflix style), advertising (YouTube style) and pay-per-view models will be added as professional content makers take Blossom mainstream.

Blossom TV provides a direct, peer-to-peer connection between content creators and viewers. Scoring and sharing content is encouraged and tracked through Blossom digital rights management (DRM) and rewarded in Seed. Blossom provides viewers an entirely new interactive experience. It is envisaged consumers will be able to cast and choose what gets made in a fully interactive fun ‘gamified’ fashion.

 •  Online streaming: This distribution model utilizes the popularity of YouTube and Vimeo to create a migration path to Blossom. It is suitable for professionals and emerging content-makers that want to gain exposure and build popularity for their projects. This option recognizes that these channels are extremely popular, and remain powerful channels for capturing market share. (Note: Google requires its users to have a special ‘partner’ account. Vimeo has similar requirements for accessing APIs and realizing revenue)

 •  Traditional broadcasters: This model provides access to broadcasters with existing infrastructure (for TV and cinematic releases). Traditionally, license contracts are negotiated between established content-makers and sales executives. Currently this negotiation process can take months and, in some cases, years. ADEPT smart contracts reduce this complexity, giving distributors more time to negotiate more sales, meaning more content gets to market. Additionally, ADEPT Analytics scoring system provides an efficient way to match content creators with distributors who are seeking fresh new content.



Blossom represents the distribution point of an entirely new, game-changing market that is set to revolutionize the industry. It provides professional content-makers transparent viewing statistics (something centralized providers such as Netflix and Amazon refuse to provide to producers), transparent digital rights management and gamification (note DRM which is currently locked into centralized solutions provided by corporates such as Microsoft, Google and Apple), efficiency gains for contract negotiations with traditional sales executives and emerging content makers the first ever pre-pay to view service, empowering the consumer to Seed their choice of what gets made.  Blossom provides consumers a new level of interactivity.  They get to choose, where appropriate, who stars in the next episode, film or content, what gets funded and are ultimately rewarded for scoring and promoting the project in Seed.
All revenues derived from Blossom (subscriptions, ads, pay-per-view, pre-pay) will be paid in Seed, again creating demand and raising its expected value.

THE SEED SALE

[Note: We are making this post for DropDeck. Please direct any questions to DropDeck.Team]

Note: We are making this post for DropDeck. Please direct any questions to DropDeck.Team

   












DropDeck Platform
A Cross-border Business Funding Platform
DropDeck is a royalty and debt financing platform for fast growing businesses with a pure smart-contract and token-incentivized mechanism to evaluate and fund businesses worldwide

FUND STARTUPS AND SMEs

1) Fundraising companies are exhaustively scored and ranked so that funders can put their money to the fastest growing companies, around the world.
2) Funders can "contribute" (royalty financing) or "lend" (debt financing) tokens to fundraising companies in a fast, reliable and secured way.
3) All participants in the funding ecosystem are financially incentivized to help funders get rewarded, so that funders can keep funding and attract more funders to join.

SCREEN COMPANIES FASTER

FUNNEL DESIGN

Information is arranged in order of importance, into 3 layers of increasing details - Home, Deck, and Claim, so that funders can screen very fast based on what matters the most first before deciding to spend time on more details or not.

TRUST CIRCLE

If you can add trustworthy people you know to your Trust Circle and rate their trustworthiness accurately, you can see more and more accurate evaluation results and rankings of companies fundraising on DropDeck.

FURTHER MINIMIZE RISK


LIBERAL SCORING

Trust scores and Potential scores are based less on consciously inputted data and more on incentive-guided behavior and immutable information unconsciously scattered across the platform and the internet, uncovering telltale hidden patterns.

SCORE VERIFICATION

You can pay to see hidden details behind a score - all kinds of data and metadata the score is based on, contributed by whom, and from which sources. The users who have contributed to the pay-to-see details are rewarded instantly.

THE ECOSYSTEM COLLABORATES IN YOUR BEST INTEREST

DropDeck's “INCENTIVE SYSTEM” based on smart contracts and the Decentralized DropDeck Token (DDD) enables a perfect combination of Online - Offline, Onchain - Offchain, Machine - Man elements to break all barriers in-between, minimize risk, and maximize benefits for all token holders.

The Decentralized DropDeck Token (DDD) serves 4 major utilities


Contribute or lend to potential companies.


Pay for score verification.


Pay for premium features to achieve goals faster.


Get rewarded as an Evaluator, Hunter, Delegate, and more.





TEAM AND ADVISORS

Anh (Alon) Vo
Michael Phan
George Popescu
James Haft


Anik Dang
Dennis Poh
Nagu Thogiti
Patrick Mansfield


Ketki Sen
Harlow Russel
Robert Allen
Hoang Nguyen


GheeHoe Cheng
Steve Young

AI XPRIZE MENTORS

Dr. Amir Banifatemi
Herve Roussel
Dr. Chris Marshall
Dr. Jiamei Deng
Barnabas Szilagyi
Gaye Soykok

Angela Bates

[Note: We are making this post for Modex. Please direct any questions to Support-Modex]

Note: We are making this post for Modex. Please direct any questions to Support-Modex

[Spectre.ai.team]

Note: We are making this post for the spectre.ai project. Please direct all questions to Spectre.ai.team

SPECTRE is the world’s first broker-less financial trading platform with an embedded, decentralised liquidity pool. Like traditional trading, clients are trading against SPECTRE’s balance sheet (also known as the ‘liquidity pool’), however this pool is initially capitalised and owned by ICO (initial coin offering) investors. In other words, SPECTRE’s liquidity pool is owned by token holders who initially invest in the ICO and therefore own a part of SPECTRE’s profitability, into perpetuity. Tokens are publicly traded on all major crypto-currency exchanges and thus can be held by anyone.
 
In this broker-less model, SPECTRE’s liquidity pool is completely decentralised and the conflict of interest problem is eradicated (Exhibit B). The trading process at SPECTRE works as follows; the retail trader signs up to the website but deposits nothing. Instead they simply open a crypto-wallet on the website and send funds to that address (this process is verified and governed by the Ethereum blockchain and so, is trust-less and secure).  Major off-site crypto-wallets can be connected to this wallet as well. This ensures that funds cannot be accessed or handled by SPECTRE employees or anyone apart from the trader him/herself.  
 
When a trader opens a trade (long or short) for a specified duration, the price of the asset they have wagered on, is monitored by a live, verifiable price feed from multiple audited financial sources such as Oanda. The eventual outcome (win or loss) is determined when the trade expires, by comparing the price of the underlying asset upon expiry, with that upon entry. If the trader has lost the trade, their wallet is automatically debited for the amount wagered and SPECTRE’s liquidity pool is credited, net of 2% trade fees which are paid directly to SPECTRE’s operational expenses and 2% dividend, which is paid out to SPECTRE’s dividend-token holders (not utility-token holders, who have a different set of rights as explained later).

The remaining 96% of the trader’s loss, goes directly to expanding SPECTRE’s liquidity pool. If, on the other hand, the trader won, he/she receives an instant 75% ROI (return on investment) and SPECTRE’s liquidity pool is debited for that amount. Again, in this instance where the trader has won their trade, a 2% operational fee is paid to SPECTRE and 2%, to the SPECTRE token holder as dividend. Token holders do not face any losses because of this pay-out to the winning trader. This way, SPECTRE and token holder profits are not driven just by losses but instead by overall volumes. Note that the payout can, in certain instances, be as high as 93%, depending on volumes in the system at the time. This entire process is governed by a smart contract built on the Ethereum blockchain and cannot be tampered with through human intervention.

The question arises; how can token holders in SPECTRE be comforted that it’s ability to pay dividends will remain and/or grow? This is described next, in the perpetual liquidity model.



As eluded to earlier, SPECTRE will have two types of tokens in issue; each separately traded on different exchanges, in order to be compliant with ever-changing regulations and cater to different types of investors. As for the dividend-token, SPECTRE pays out normal dividends and special dividends to dividend-token holders. Normal dividends, as described earlier, are paid as a 2% volume fee on trader’s wins or losses in the system, typically at the end of each month. Whether trades are generated on SPECTRE or other D-Apps connected to the liquidity pool, is not relevant from the token holder’s perspective. The more trades that are taken across the entire ecosystem, the more dividends that are paid out. So, a growing number of users on the platform (either directly on SPECTRE or other integrated D-Apps) will mathematically translate to higher volumes traded, resulting in perpetual growth in dividends to token holders. Special dividends, however, are paid out at the end of the year and only occur if SPECTRE’s liquidity pool (which directly grows when traders lose) has grown above a predetermined threshold. This threshold is detailed in the ‘Market Opportunity’ section later.

The average win rate of inexperienced traders is around 35-50%.6 Experienced traders, however, who spend time in learning technical or fundamental analysis in order to gain an edge and be able to beat the market, can at times obtain a 60-70% win rate, although emotions and greed tend to get the better of them, thus suppressing their win-rates below 60%, over time.7 Since SPECTRE’s liquidity pool pays out 75% on winning trades (and as high as 93% in certain conditions) but keeps 96% of all losses, traders on average need to maintain at-least a 57% win-rate in order to break-even. This is difficult for the masses to achieve and therefore, average win rates in the system are likely to hover under 48-53%, resulting in perpetual growth in SPECTRE’S liquidity pool and contractually, the size of special dividend payment to token holders (Exhibits C & F).

This makes the SPECTRE token an industry first, namely one that offers a perpetual dividend stream driven by various avenues of growth, albeit on a fixed token supply, meaning that the value of the token must increase over time, from a mathematical standpoint (Exhibit C). As for SPECTRe’s utility-token, this does not pay financial dividends, however, it gives vital in-platform privileges to traders which increases their chances of capital gain through time. These privileges are:

▶ 1-5% higher trade pay outs
▶ All trade expiries on smart option contracts
▶ All assets (not just a few per asset class)
▶ All trade indicators (not just the ones found in the MVP)
▶ Exotic trade types (smart option contracts such as knock-in-knock-outs, barriers, ladders and more)
▶ Spectre Financial Education Academy (SpecED)

What further pushes the utility-token’s value over time is the token-buyback-program. SPECTRE’s team will be using 3% of fees generated on the system to purchase SPECTRE utility-tokens as part of a wider token-buyback-program. No more than 15% of outstanding supply will be purchased. (Exhibit C).
 
When comparing the SPECTRE model to the current, defunct broker model, which benefits only from client losses, does not pay dividends, is centralised and is deeply riddled with conflict of interest, it becomes evident which model offers the safest trading environment for traders.
 
Lastly, SPECTRE, despite its name, is not an exchange in the classic sense in that it’s liquidity pool acts as the counterparty to all trades. This, in our view, is advantageous when compared to traditional prediction markets on the blockchain as these have no liquidity pools and are dependent on a large volume of users in order for traders to be able to enter and exit trades in a highly liquid fashion. SPECTRE’s model, by comparison, works with as little as 1 user or millions of users. Over time, as the SPECTRE user-base crosses a few thousand active traders, it may be possible for the SPECTRE’s conditional liquidity model (CLM) algorithm to match most if not all trades perfectly and thus truly become an ‘exchange’ in the classic sense; until then, the perpetual liquidity model serves the purpose rather efficiently. We discuss this and balance sheet/liquidity pool protection, next.



SPECTRE sets a new standard for transparency in the retail trading industry; not least because it removes the broker out of the equation, but also because all traders can see the real-time value of SPECTRE’s liquidity pool and subsequent fluctuations therein along with pay-outs to tokens holders, at all times. Unlike most conventional trading platforms designed by technology companies like Spot Option (which powers 65% of all digital option trading platforms globally), Metaquotes Software Corp (creator of Mt4/Mt5, which is used by over 70% of all FX traders)8 which show little to no analytics depicting a traders win-rate, strengths, weaknesses and other important statistics, SPECTRE’s trading platform comes embedded with emotion control, risk management, trade setup identification, deep trader analytics, trader chat and on-board education to help traders gain an edge on the markets (Exhibit E).
 


As part of SPECTRE’s trader protection initiative, neither SPECTRE or any of its employees have access to the trader’s wallet (known onsite as the private escrow). Therefore, all withdrawals are instant, free of classic broker intervention tactics and paid out without any fees subtracted. As all transactions in SPECTRE are governed by Ethereum smart contracts resting on the public blockchain, no human intervention is possible. Owing to the aforementioned platform advantages along with the broker-less model SPECTRE introduces to the sector, the market opportunity for both traders and ICO investors alike, is rather significant. This is quantified in greater detail next.



The retail FX trading industry is worth around $81 trillion every year (or around $2-300bn per day in turnover).  This represents just c.3-6% of the wider FX trading market.9 It is served by a global 4 million strong retail trader user-base.10 As for the digital or binary options industry, this is estimated to be around $30bn per year in volumes (c. $2-3bn in deposits), served by an estimated 200,000 retail traders around the world.11 Owing to the increasing level of fraud, volumes in the industry are under attack at the time of writing.

SPECTRE upon launch will immediately tap and disrupt the latter. Owing to its structural advantages over the classic, defunct broker model, it is likely to gain significant market share and help increase the allure of digital options over the world. This itself can result in a shift; whereby classic FX traders enter the world of digital options (now ‘smart options’) as it offers a simpler, quicker and equally safe way of trading the financial markets.  However, the aim of SPECTRE’s management team is to enhance functionality over the medium-term, such that SPECTRE also allows the physical buying and selling of FX and equities, by accessing the global liquidity pool which, owing to continued progress by the Enterprise Ethereum Alliance (EEA), will be repurposed for the blockchain where Ethereum can be used as a settlement layer. In other words, SPECTRE’s goal is to ultimately disrupt classic retail FX and equities trading where many brokers still trade actively against clients, but will first disrupt digital options, where broker fraud is holding the entire industry hostage and arresting the growth of what can be a multi-billion-dollar asset class.  
 
In our dynamic forecasts model (which is accessible on www.spectre.ai), we provide three scenarios; the base case, bull case and bear case. The assumptions detailed in the base case will form the basis of the discussion here. This entails purchasing smaller brokerages looking to exit, two of which we have already run due-diligence on and received indicative fair valuation ranges for (c. $0.1-0.3m range cumulative). Partially owing to these bolt-on acquisitions, we forecast SPECTRE to capture 3,000 traders by the end of year 1. By year 5, we expect to have captured 45,900 traders, implying a digital options market share of around 23% on a volume basis. We forecast SPECTRE’s balance sheet or liquidity pool (after all fees and dividends paid to SPECTRE and dividend-token holders) to grow by 20% in year 1 to around $2.4m. By year 5, we forecast the pool to have grown to $10.5m (Exhibit F). It is worth noting should the management team decide to not pursue bolt-on acquisitions post ICO, then the focus will be on organic growth but this would mean that forecasts get pushed out by a year.
 
As for SPECTRE fees, which are set at 2% on all trades, we forecast fee income of $1.6m in year 1 and $24.2m by year 5. Our forecasts translate to a client life-time-value (LTV) of around $800-900, in-line with current brokerage data received. Once clients, in our view, see that SPECTRE is by far the safest way to trade digital options and FX, we forecast a dramatic rise in LTVs, although we have not modelled for this explicitly in our forecasts. It is worth noting that in addition to SPECTRE earning fee income by charging a 2% trade transaction fee, SPECTRE also receives a special dividend (along with token holders as highlighted earlier) at the end of each year. The mechanics of this are described next.

▶ Dividends, Special Dividends and Token Buyback Program
 
We forecast combined dividends (eg. normal and special dividends) to dividend-token holders of $4.1m to be paid out in year 1 (or $0.06/token) translating to a projected token-yield of 41%. By year 5, we forecast total dividend payments per year to reach $64.2m (or $0.96/token), resulting in an annual 78% forecasted token-yield for ICO token investors. This compares to a paltry 1-5% dividend yield paid on tech stocks across the globe. As mentioned earlier, special dividends in the system are paid at the end of the year and only when the liquidity pool has experienced growth above a set threshold. If indeed pool growth exceeds pre-set, end-of-year targets at SPECTRE, any excess growth above these targets is going to be paid out at a 70/30 pari-passu basis to token holders and SPECTRE management, respectively. The benchmark level, also known as the hurdle rate, in terms of annual balance sheet growth, starts at 20% and expands to 50% over time. This means that should the SPECTRE liquidity pool grow more than 20%-50% in any given year, the excess growth in percentage will be paid out as special dividend.

As dividend-token supply will be strictly capped, this means that the absolute value of dividend per token may continue to rise, making the token itself a promising riskadjusted return investment opportunity, in our view. The SPECTRE team will also, from time to time, use 3% of SPECTRE fees/profits to buy back SPECTRE’s utility-tokens (no more than 15% of listed tokens). This further serves to increase utility-token price for holders, over time. At the time of writing (2017), the ICO-based fund-raising process may be in somewhat of a temporary bubble with many projects raising large amounts of funding but not having any working products or those that are generating return for shareholders. Tokens that pay out yield or whose engine is driven by the lucrative financial trading industry, give, in our view, token investors a certain degree of “bubble protection” in that the SPECTRE tokens are likely to outperform many others during volatile markets (Exhibit C).

As for pay-outs to traders trading on SPECTRE, we forecast a total of $30.9m paid out as wins in year 1 on the back of a somewhat conservative 52% win-rate assumption (data from major leading brokerages at present shows a 50% win-rate only). By year 5, this figure would have expanded to $472.6m. This underlines that despite SPECTRE’s liquidity pool and dividends to token holders forecasted to grow, substantial sums of money will be paid out to traders who can beat the market, in a provably fair and transparent manner.

We next discuss competition and its potential impact on our projected growth trajectory.



Existing brokerages that are powered by online trading platforms such as Spot Option, London listed Techfinancials, Tradesmarter and Panda tend to power the digital options market. None of these have decentralised liquidity pools or tokenized balance sheets as offered by SPECTRE. While CFTC regulated NADEX does allow for the exchange of offsetting digital/binary option trades by matching traders, liquidity issues do reduce the trading experience and funds are ultimately controlled by the broker. As for the FX market, Metaquotes Corporation offers most brokerages their MT4/MT5 based trading platforms which allow traders to access the global liquidity pool. None of these platforms, however, have any trader protection measures in place, as SPECTRE does (Exhibit G: Full competition matrix accessible on www.spectre.ai).
 
As for recently listed prediction market platforms such as Augur and Gnosis, these are exchanges that match bets on any market that users wish to add to the platform. Users are required to offer their own liquidity initially, in hope that other traders join and play. In our view, this is a less efficient and highly user-growth dependent model, when compared to SPECTRE. As these aren’t direct competitors, we have left them off the competition matrix in Exhibit G. Virtual asset platforms such as PRISM do have a digital element to them and are included under ‘exchanges’ in Exhibit G. In our view, SPECTRE knock-offs with slight variations will be built on the blockchain eventually, however, the size of the liquidity pool and quality of the trading platform will dictate who remains in pole position. SPECTRE’s first mover advantage and significantly ahead-of-the-curve trading platform should allow it to lead the pack, in our view.
 
However, since SPECTRE is disrupting the business models of many unscrupulous brokers, we do expect certain retaliation such as smear campaigns, DDOs attempts and other online measures. As a result, the group is spending significantly on state of the art online DDOS protection and other pre-emptive measures.
 
Innovation, in our view, is a key component of staying ahead as well. Therefore, as shown later in the roadmap, SPECTRE’s management team will be adding new asset classes; starting off with more currencies and later expanding to equities, commodities, bonds, sports (where applicable) and other non-random assets. Additionally, more trade types such as barrier trades, ladders and other exotic options will be added, thereby dramatically widening the scope of what is offered on the platform. We discuss this, along with execution and our roadmap, next.
 


SPECTRE is forecasted to complete its ICO in Q4 2017. In stage 1, SPECTRE (which is already live in alpha mode and can be tested by any trader in the world in demo money mode prior to the ICO), will be re-purposed and heavily security tested for the Ethereum blockchain with an estimated launch in end Q1 2018. It will debut as the world’s first broker-less financial trading platform with an embedded, decentralised liquidity pool focusing on currencies. If the ICO funding target is met, this will mean that upon launch, SPECTRE’s liquidity pool will be around $5,000,000 (if not higher, depending on potential token over-subscription by investors).  
 
Stage 2 will commence in Q2 2018, whereby SPECTRE’s balance sheet would have expanded allowing for more asset and trade types to be added. Specifically, the management team will expand the array of currencies to trade on and add new nonrandom assets such as stocks, along with the addition of commodities such as gold, silver, platinum and others. In addition, after a feasibility study, SPECTRE is likely to add a new asset class known as ULC CFDs (unlevered and capped contracts for difference). This this is a hybrid between a smart option and traditional CFD. In tandem, the management will apply to the Financial Conduct Authority (FCA) of UK, with the view to acquire a European Union MIFID FCA broker/dealer license in London, UK.  Other regulatory regimes may be sought as well. This process will be incumbent on how quickly the FCA transitions from simply providing a blockchain-based developer sandbox to a detailed regulatory framework for blockchain based trading systems such as SPECTRE. The SPECTRE team is engineering the platform on the blockchain such that it can theoretically transmit all transaction metadata instantaneously to regulatory, purpose-built blockchains such as those being engineered by UCL and the London School of Economics under project BARAC (accessible on https://cryptoinsider.com/36-million-funding-towards-new-blockchain-projects-uk/) for reporting purposes.
 
Stage 3, to commence in Q3 2018, is dependent on the progress major investment banks have made as part of their own development of settlement layers for FX and equities contracts on the Ethereum blockchain. If they have progressed their technology to this stage, then SPECTRE’s management team will be able to repurpose the platform to connect with major liquidity providers, giving traders the ability to not only bet on the direction of markets (which they do in digital options) but also actually buy and sell the underlying, speculatively. This includes crypto-currency exchanges as well. Finally, we will give the ability for users to add new trade types and asset markets (including sports betting), not too dissimilar to Augur or Gnosis, the prediction market platforms, albeit with the large liquidity pool of SPECTRE, backing it.  
 
During stage 4 which is Q1-Q2 2019, we will be able to not only introduce order matching capabilities (e.g. the system can find counterparty trades amongst traders themselves instead of making SPECTRE’s balance sheet the counterparty), but a D-App Store, which fosters open-source development of a range of financial and sports betting decentralised applications which ‘plug-in’ to the SPECTRE liquidity pool.
 
During all stages in the roadmap, the management team will be spending the funds required to ensure capacity constraints or security concerns do not compromise the trading experience (such as DDOS attacks). As for the deployment of ICO proceeds, 20- 50% (depending on funds raised) will go directly towards the tokenized liquidity pool, therefore capitalising SPECTRE with ample liquidity. The research and business development spend, on which the remainder of funds will be spent, will be conducted over  c. 3 year period and will cover the following line items:



▶ TEAM
 
SPECTRE’s team consists of industry veterans, many of which who have direct research, trading and banking experience at J.P Morgan, Goldman Sachs and Deutsche Bank. As for blockchain and cryptography know-how, the team has partnered with veterans in this space to help with the construction of smart contracts, platform re-purposing and token audit phases. As for education, most staff members are educated at the London School of Economics holding bachelors and masters degrees and our more senior, advisory board, consists of Harvard MBA graduates with direct fin-tech/ad-tech experience having started their own companies from scratch, straight through to IPO. Detailed profiles of the core management team can be accessed here: www.spectre.ai/team
 
 
▶ REGULATION
 
SPECTRE’s team has carefully evaluated short and long term implications of its dividend-paying tokenised balance sheet model and expects the dividend-token to be treated as a security in most jurisdictions. Its utility-token, however, would not be treated as a security as it carries no financial rewards or rights. As a result, the two would be listed on different exchanges and issued by different corporate entities for legal reasons. Exchanges that welcome dividend-tokens would house SPECTRE’s dividend-tokens and the larger exchanges in the U.S who explicitly do not welcome dividend-tokens, would list SPECTRE’s utility-token.

As for the regulation of blockchain based financial trading platforms, major jurisdictions are still forming their official regulatory framework, guidelines and acts which will govern financial technology platforms on blockchains such as Ethereum. This process could take years and we do not believe that waiting until regulation ‘catches up’ is the wise option. After having carefully evaluated the domicile and regulatory license implications and costs of the following jurisdictions; Switzerland, Singapore, United Kingdom, Estonia, Gibraltar, BVI, Cayman, Cyprus, Malta and Vanuatu, we have decided to incorporate in BVI to conduct the ICO and perform SPECTRE operations without intervention or risk of shut-down. A license will be filed for immediately after the raise (with an estimated grant period of 12 weeks) such that when SPECTRE’s platform comes out of beta in early 2018, it is fully regulated. As mentioned earlier, the long-term intention is to obtain a regulatory investment and dealing license in an EU jurisdiction or preferably with the FCA, UK and therefore as and when a proper regulatory framework for blockchain-based financial trading platform governance is ready, SPECTRE’s team will apply for this and ‘on-shore’ SPECTREs operations.

While the SPECTRE token pre and public sale along with the platform, will not be open to U.S citizens, once the group has secured an FCA license, it will attempt to open a discussion with the SEC of the U.S such that like NADEX, it can obtain CFTC based financial regulation and open the tokens and platform for U.S investors as well.
 
 
▶ RISKS While the management team takes all measures to reduce risk to a minimum, the following risks can impact the long-term viability of SPECTRE:
 
▶ A very small SPECTRE balance sheet (under $200,000) owing to an undersubscribed ICO, could result in trade caps and trade volume caps being placed and slower user adoption and growth of the liquidity pool.  
 
▶ While highly improbable, sustained high win-rates by traders en masse, could deplete liquidity to an extent such that trade caps and trade volume caps need to be activated, to ensure SPECTRE’s balance sheet is protected. This has no direct impact on tokens, only that special dividends won’t be paid until it starts to grow again up and above the pre-set threshold targets.
 
▶ While Ethereum’s smart contract features are well suited for SPECTRE’s balance sheet dividend pay-out model, viral growth in the platform could mean millions of transactions being processed on the public blockchain. This may result in delays to transaction processing (not trade outcomes, however, as this is based on trade entry and exit time stamps). Should this become a significant issue, the management along with token holders may decide on migrating to an Ethereum based side-chain in order to ensure smooth continuity of transactions.
 
▶ While prior to ICO, SPECTRE’s entire code will be subject to multiple audits by reputable blockchain code auditors (and findings published on the website), errors may be overlooked resulting in system crashes and downtime.
 
▶ SPECTRE significantly disrupts a large digital options and FX industry, rendering a lot of its platform providers and brokers irrelevant. This could result in competition driven DDOS attacks and smear campaigns. While the management will invest in state-of-the-art DDOS cloud-flare protection services to mitigate these attacks, there is always a risk that downtime could occur.
 
▶ SPECTRE’s liquidity pool and trades are denominated in the Ether (ETH) currency. A sharp drop or rise in the value of ETH, relative to fiat currencies, could increase or decrease returns for traders on a currency translation basis. To mitigate against this, the SPECTRE management team will hold backup liquidity (as part of the primary liquidity pool) in U.S Dollar denominations in escrow accounts to ensure the value of the liquidity pool is protected against heavy gyrations in the price of Ethereum. As for FX translation risk on the trader’s side, frequent withdrawals can ‘lock-in’ favourable exchange rates, to a certain degree. Finally, the group will explore accessing APIs of services such as Tether (built on the OMNI protocol) to allow for fiat-currency denominated trading.




                                                   KARAN 'KAY' KHEMANI                                                                          ZISIS SKOULOUDIS

                                                      ELENA DRAKOS                                                                                                  JAI SANKAR

                                                    NIKITAS GOUMATIANOS                                                                                        OTO SUVARI

                                                    ADAM DOSSA | Github                                                           PARTHASARATHY RAMANUJAM | Github

                                                           ZEN ZIJLSTRA                                                                          CHERYL BUCKINGHAM


                                                           MENELAOS SCOULOUDIS                                                                          SASCHA BERRESCH


                                                           SCOTT DRISCOLL                                                                          ISSAC LEE


                                                       TONY LE

[Note: We are making this post for AirToken. Please direct any questions to James_AirFoxOfficial or Airtoken Community]

Note: We are making this post for AirToken. Please direct any questions to James_AirFoxOfficial or Airtoken Community

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We are AirFox, the first TechStars alumni and Boston-based venture backed start-up to launch an ICO. We are the leader in reducing mobile costs for prepaid wireless carriers in the United States, having enabled over 2 million pre-paid mobile subscribers to get online.

We are starting an Initial Coin Offering (ICO) to launch an innovative new consumer platform enabling 4.5 billion people across emerging markets to access previously unaffordable mobile data, digital services, and micro-loans.

ICO Launch Date: October 5

Website: http://www.airtoken.com/

Press: http://www.airtoken.com/press/index.html

We are working with New Alchemy (https://newalchemy.io/) to finalize our ICO Ethereum contract.

The AirToken enables users to earn data simply by using their phones via 2 apps - AirFox Recharge and AirFox Browser.

Download the Demo Version of our apps: http://airfoxmobile.com/

Airfox Browser               |               Airfox Recharge

Launch Capital     |     NXT Ventures     |     Rightside Capital     |     Techstars     |     Project11

Jennifer Lum  |  Semyon Dukach  |  Warren Katz  |  Amy Spurling  |  Wan Li Zhu  |  Steven Lee  |  Ben Perry

   New Alchemy    |           Komodo Tech        |      Goodwin Procter

Slack     |     Reddit     |     Blog     |     Telegram     |     Twitter     |     Email

AIRFOX         |         Harvard Launch Lab

[Note: We are making this Original Post for NEVERDIE. We are not the point of contact. Please contact NeverdiedEVER for any questions.]

Note: We are making this Original Post for NEVERDIE. We are not the point of contact. Please contact NeverdiedEVER for any questions.

NEVERDIE  ·  WHITEPAPER  ·  BOUNTIES  ·   DISCORD  ·  TWITTER  ·  FACEBOOK

THE NEVERDIE ICO WILL FINANCE THE DEVELOPMENT OF A MULTI-PLATFORM API FOR MONETIZED GAMING INFRASTRUCTURE TO SUPPORT A TRILLION DOLLAR VIRTUAL GOODS ECONOMY

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The Pillar Project Bounty Campaign is now LIVE
This bounty campaign will be managed by Sylon.
If you have any Bounty-related questions regarding this project, please ask it in the Bounty Campaign thread.



Note: We are making this Original Post for the Pillar Project. We are not the point of contact. Please contact 2030AG for any project related questions.

PILLAR PROJECT

For those who want the details, please read the Pillar Gray Paper. Here is a short version:

The European Commission’s Fire Study of Next Generation Internet recently concluded that ...

    1. Internet should ensure citizens' sovereignty over their own data and protect privacy;

    2. Internet should ensure diversity, pluralism and a right to choose; and

    3. Internet should avoid the concentration of data in a few proprietary platforms.

    4. Personal Data Spaces was seen as a very important technology area for all the above top ranked values.

These are the problems the Pillar project will address. We want to give people a better, safer dashboard to their digital world, starting with an open-source wallet. We have two main objectives:

Replace accounts with atomic ownership. We all have dozens of accounts. With accounts, you log in and all your valuable data is trapped inside the app or the service. This presents huge concentration risk. By switching from accounts to wallets, each person owns his/her own assets and can switch vendors freely.

Replace apps with services. Apps on our phones are miniature desktop apps. This harkens back to the days of paper-based processes, showing once again that humans always adopt the old ways of working to new technology. Now that we all have superconnected computers in our pockets, we believe the personal data locker will replace iOS and Android to become the operating system for all your devices.

The decentralization movement and technologies like blockchain will lead to a fundamental reversal of power, putting people in control of their digital lives.





The Pillar Wallet

Having waited patiently for 15 years, we believe the moment is here now. We will start by building the world’s best cryptocurrency and token wallet. We will focus on the user experience - to make it as easy as possible to set up and use a wallet. There are a few excellent wallets - we have our work cut out for us. But since our target is to build a dashboard for your digital life, our wallet will be different. Our wallet will be mobile first. It will include a browser, and we hope to include one or more exchanges. We want the experience to be as easy as possible. We’ll be targeting specific use cases and personas and working to make their experience as familiar and powerful as possible. Almost everyone is a beginner. Almost everyone finds managing private keys challenging. Almost everyone doesn’t appreciate the complexity behind wallets and exchanges and smart contracts. This is our mission - to simplify, build a strong foundation, and keep adding what our customers want next.

The Pillar Ecosystem

Pillar is far more than a wallet, a browser, and an exchange. Pillar brings to life the concepts in David Siegel’s book, Pull. As David explains, apps are a huge waste of resources and prevent innovation. Apps have to be maintained on half a dozen platforms - more than 50% of every app is just infrastructure related to presenting content and offers. What really matters are content, connections, and commerce, and being able to mix them as you like. The Pillar wallet will let you sort, filter, compare, mix, and match these things to suit your needs. This represents the convergence of the semantic web and the web of value.

As an example, think of attending a conference in a city far away. To do this on your phone you’ll need a dozen apps that don’t talk to each other, and you’ll sign contracts for air, rail, car, hotel, tours, shows, excursions, currency exchange, babysitting, restaurants, conference registration, scheduling, events, meetings, and more. At best, each of these has its own app, and probably its own reward point system. Now try to manage all the expenses and record keeping - more apps. Do the apps talk to each other? In general, they don’t.

The pillar ecosystem will create a new ecosystem of data, content, and commerce. We’re almost there - we have the standards, formats, and APIs to do much of what we want. It’s our job to bring these together to create a customer experience that is many times more compelling than using apps. In general, you’ll ask a question or say what you’re looking for, and the content, data, and transactions will come to you. We believe the wallet will be the center of your digital life, and it will pull everything you want when you want it, in a way that's more natural than apps.

The Personal Data Locker

The concept of the personal data locker comes from David's book, Pull. We have seen many such projects come and go. Much of it comes down to trust - people don’t trust institutions, advertisers, or third parties to manage their data. This is why Microsoft and Google projects have failed.

We understand that consumers don’t want to manage their own data. There’s a detailed section of the gray paper that goes into consumer reluctance and how to find our early adopters. Right now, we have a chance - to create the world’s best wallet, integrate it into many systems, and let it lead to the personal assistant that “magically” helps you manage your life. See this early video from 2010 that shows the use cases for the project:

The Pillar Token

While the wallet and platform are open-source and free, users will pay for the various PDL services with pillar tokens as they use them. The token will power (provide micropayments for) the entire ecosystem, giving an instant business model to many projects that can tie in. This is the beauty of the token: you may need a service exactly once and you won’t need to sign up for it, you’ll just pay for it with a Pillar token and you’re done.

Here’s an example: you go see your doctor, she does some tests and gives you a prescription for some pills. All the data from that visit, and the prescription, will be copied to your wallet. You can then manage the prescription any way you like, including asking for bids from pharmacies for the lowest price, or fastest delivery, etc. In this case, pharmacies compete for your order, and their software can be aware what the bid/ask is, and they may give you special offers to choose their service or even pay you to watch an ad for a particular drug. This is all under your control - you decide how you want it, and you pay a small number of pillars each time you use the system for storing your records and letting you manage your relationship with the health-care system. Your data can even go to a study being done - with your permission - and even though you’re anonymous in the study, if they want to send you a message, you’ll have a choice of receiving it or not.

The pillar is a meta-token. For example, Brave has a native token for seeing customized ads and monetizing your browsing experience. Augur has a token for betting. Akasha has one for messaging. You'll encounter dozens or hundreds of tokens as you go about your day. All these tokens will be native in our system one level below the Pillar token. Users may only ever see pillars, or they may see the various utility tokens for the services they use.



The Pillar token sale starts on July 15th at 08:00 Greenwich Mean Time and ends 60 hours later on July 17th at 20:00 GMT. Of the 800 million tokens issued, 560 million  will be for sale to the public. The price in ether will be the same throughout the sale and will be announced on July 14th.

Our Token sale smart contract is available on both Ropsten and Kovan testnets. The address of the contract is:
 Ropsten - 0xc1a6c4f19ad01e96111acf66ca8f1b6b47fecd6e
 Kovan - 0x571a6216e9ddb3f4979851d4e9f58454750ad721

Our GitHub link is:

https://github.com/twentythirty/PillarToken/blob/master/contracts/PillarToken.sol

The Pillarists
You are welcome to join and contribute what you do best!

David Siegel, founder (Switzerland). David built a web-design and strategy agency in San Francisco in the 1990s and sold it to KPMG. He has been at the forefront of technology and venture investing for 30 years. He has written five books about technology and business. His first book remains Amazon.com's longest-running #1 bestseller. He has been a mentor to many startups and sat on many boards. In 2016, he was a candidate to be the dean of Stanford business school. He is an expert on blockchain, future technologies, angel investing, and startups. This is his 22nd company. You can see his work at dsiegel.com

Tomer Sofinzon, founder (Israel). Tomer is a serial entrepreneur living in Tel Aviv. He is an entrepreneur and business development executive. He founded ClearCi, a company focused on delivering Enterprise Intelligence solutions. He has worked in venture capital with a focus on strategic partnerships. This is his 8th company.

Vitor Py, founder (Brazil). Vitor is a senior software developer, has led cross functional teams in areas as diverse as aerospace, energy, and law enforcement. Former founder of SIM, a Brazilian computational materials science startup. Vitor is our chief architect and will lead the development of the Pillar wallet. This is his fifth company.

Yogesh Gaikwad, founder (India). Yogesh is a young Indian entrepreneur with a technology marketing background who started India's first growth hacking company and is contributing to tech startups around the world.



Execution Plan

We are market driven. We do experiments and look for opportunities. We pattern our company on Google (except for the interviewing part) - we plan to make a lot of small mistakes and let experiments take us into new markets. The wallet market is heating up. We need the resources to go after several different market segments:
    * Crypto-enthusiasts
    * Early-adopter tech enthusiasts
    * Partners
    * OEMs

We are already strong in business development and will get stronger. Eventually, we want our wallet not to be another app on your phone, but to be the software that runs your phone. We will need partners, industry veterans, strong marketers, excellent communications team, and more.

And we’ll need a great product. We are starting from scratch. We’re planning to hire in August and September, and we want you to be part of it. People who understand our mission and support us by buying our tokens, even if only a few, are the people we want to hire. We already have a strong team of technology people, but we’ll need many more. We expect to start in London and open a second office within six months.

We are very open. We know that people coming to our web site are excellent potential hires, consultants, and partners. Be sure to sign up for our newsletter - we'll soon set up our online community and invite you to join us. And please consider coming to our hiring event in Slovakia.

We have laid out our financial plans and forecasts in the Gray Paper. Everything we do will be agile and responsive to our markets as they change. We also will use some of our proceeds to support projects that will later become part of our system.

After the Token sale, we will have a grass-roots unconference at AquaCity in Poprad, Slovakia, to socialize, learn, teach, plan, and hire. Anyone who comes to Poprad in early August is probably a person we want to hire. Every morning, we will have blockchain learning and Pillar planning sessions. We will have tracks for central services, communications, product, and marketing. If you are reading this, you are welcome to join us (we're not paying expenses, sorry, but we are paying for the meeting rooms and a big dinner on Friday night).

We will have the following tracks for discussion and hiring:

    1.Product
        1.Frameworks
        2.Methodology
        3.Languages
        4.Tools
        5.Open source

    2.Marketing
        1.Communications
        2.Partnerships
        3.OEMs
        4.Consumer research

    3.Central services
        1.Key management
        2.Asset management
        3.Bookkeeping
        4.Payroll
        5.Accounting
        6.Tax
        7.Facilities
        8.Events
        9.Support
        10.Legal

We are looking for generalists who have certain strong skills and are flexible team players. We will never have an HR department - if you work in central services, you will do everything. Keep in mind our office will be in London. If you want to join us, please come to Poprad and show your commitment to the project!

The event will take place from 29 July to 6 August. Direct flights from London are available. We have reserved 19 rooms, but they are going fast and people are finding roommates. There are also hotel rooms not far away. We’ll be working in the mornings and trying not to work in the afternoons. It’s a family event - bring your kids. To reserve your room, contact Tomer@2030.io. Don’t wait for our Token sale - rooms are going fast. Contact Tomer now to get one.

                 

Vindyne Group are promoters and marketers focused on crypto-currency projects, goods, and services. We have nearly 3 years of experience, having serviced over 200 clients. Our clients have ranged from very small projects (< $1,000) to very large projects (> $10,000,000). We tailor our service to the needs of our clients. We have a strong focus on Native and Organic Marketing over social media and crypto-currency communities. We have painstakingly established a reputation for integrity, a strong work ethic, and greatly expanding our client's reach.

Details on current and prior clients, and pricing, are available upon request. Our price is currently discounted as well. Contact us, let's talk.

You can contact us in any of the following ways:

• vindyne8 (john ogden) on skype
• vindyne8@gmail.com
• https://bitcointalk.org/index.php?action=profile;u=249694
• https://twitter.com/Vindyne8
• https://www.facebook.com/profile.php?id=100008252310134

Best regards,

John Ogden
Vindyne Group

[We are a Blockchain focused PR firm that has assisted crowdfunding projects in raising over $605,000,000 USD over the last 4.5 years. Whether you are a project preparing to go to pre-sale, mid-sale, post-sale, or not a crowdfunding project at all; Vindyne Group offers a full range of services for you:]

We are a Blockchain focused PR firm that has assisted crowdfunding projects in raising over $605,000,000 USD over the last 4.5 years. Whether you are a project preparing to go to pre-sale, mid-sale, post-sale, or not a crowdfunding project at all; Vindyne Group offers a full range of services for you:

• Social Media and Forum Promotion
• Social Media and Forum Marketing
• Community Management
• Social Media Management
• Marketing Management
• Listing Site Management
• Consultation
• & More

Visit our website today, submit the contact form, and we will reach out!

https://vindynegroup.com/

[We are a Blockchain focused PR firm that has assisted crowdfunding projects in raising over $605,000,000 USD over the last 4.5 years. Whether you are a project preparing to go to pre-sale, mid-sale, post-sale, or not a crowdfunding project at all; Vindyne Group offers a full range of services for you:]

We are a Blockchain focused PR firm that has assisted crowdfunding projects in raising over $605,000,000 USD over the last 4.5 years. Whether you are a project preparing to go to pre-sale, mid-sale, post-sale, or not a crowdfunding project at all; Vindyne Group offers a full range of services for you:

• Social Media and Forum Promotion
• Social Media and Forum Marketing
• Community Management
• Social Media Management
• Marketing Management
• Listing Site Management
• Consultation
• & More

Visit our website today, submit the contact form, and we will reach out!

https://vindynegroup.com/

[Do not download this. It's the virus guy again, copy/pasting old coin and inserting virus.]

https://bitcointalk.org/index.php?topic=942797.0

Do not download this. It's the virus guy again, copy/pasting old coin and inserting virus.

[ICO: https://bittrex.com/Market/Index?MarketName=BTC-MNE]

ICO: https://bittrex.com/Market/Index?MarketName=BTC-MNE

Time is running out to invest in the Munne ICO.  The minimum amount has now been raised!. We are now at just under 250 BTC. No other coin can offer the combination of services and features that MUNNE provides at launch. Don't miss out, grab some now!









Features such as:

Munne-Project - Munne's very own unique browser game. Many images of which can be seen here: https://bitcointalk.org/index.php?topic=797828.msg9242422#msg9242422
CoinGateway - Point of sale platform. Spend your MUNNE anywhere you can spend BTC. Accept MUNNE at your store. http://coingateway.net/
Coinpayments - Point of sale platform. Spend your MUNNE at any one of a large list of merchants. https://www.coinpayments.net/store-directory

There are many more features you can read about here: https://bitcointalk.org/index.php?topic=797828.0




Don't miss out visit https://bittrex.com/Market/?MarketName=BTC-MNE and become part of the MUNNE community today.