Ok, no bids, so closed at start price.

Hi to community!
I am an artist and in 2018 I made several works on the theme of
cryptonomics and the world of cryptocurrencies. All the objects I
made are connected to each other by some stories about them
and make up a small universe.

Some time has passed and I decided to sell my works, because
I want to make some more objects. But they require a little more
investment than before.
Now, without further chinwag, I would like to show my work.
Today, item number 1.

Slice of Regret

ICO «Reverse» scam or not?

In the autumn of 2017 19 years old Isaak Thomson II  from NY
was successfully complete  ICO for his startup called “Reverse”.
Startup was engaged for development of (as he was declared)
Short Range Time Machine. To attract attention to his project
he asked investors to vote on project’s page “at which part of
the time he must go and how to approve experiment success”.
Most of the voters votes for move him into 2010 and refill their
accounts for 10000 BTC in proof of success. On December 16
Isaak has a stream where he declared the finish of development
 of machine and announced about tomorrow experiment.

Nobody seen Issak after.

We don’t know precisely if experiment was succeed or if it was
just a mystification. But here is some details appointed on it’s succeed.
No one of investors wasn’t make any announcement, positive
or negative ( they wasn’t exposing their personality and renouncing
to contact).Crypto market was started it’s falling right after with
 date. On one of benches in High Line Park, one of clerks was
found strange pizza box (see photo). There is no such pizzeria
in this region and by the way in world either.

If you have any information about this experiment, please contact
us. Absolute confidentiality - guaranteed .




——————————————————————

This picture straightly refers to popular meme about the pizza
that was bought for 10 000 BTC in 2010. This bargain and it’s
matter was become quintessence of lost opportunity of unobtained  
crypto currencies on early stage. Meme become actual every
time then crypto market beat the records. Those who never possess
cryptocurrency, but overwatch market, and turn up the pressure in
cauldron of hate on Bear Trends , and on Bull’s they feel in their
mouth taste of “The Slice of Pizza”. With “cirques” (zeros on their
accounts) of regret.








——————————————————————

Start bidding from 0.2 ETH (shipment included).

Period of bidding - 7 days. From 20 Jan to 27 Jan 2021 .
I'll meet with buyer via Zoom (or else) and expose myself and art object before final bargain.

Have a nice day, guys!

A token is a digital unit created within a specific ecosystem. The token should encourage participants to use the system, which ultimately affects the increase in the value of the token, its turnover, and an increase in the number of ecosystem participants.
Tokenomics — a token design process to achieve the ecosystem’s set goals. The token design process includes:

• Logical elaboration of the tokens flow and game rules in the ecosystem;
• Motivational elaboration of the token (why should participants use it?);
• The mechanism for the appearance of primary tokens (genesis) and the mechanism for the appearance of new tokens in the future (emission policy);
• Token utilization mechanism (if necessary);
• Price policy (how much are the entities in the system).

It is necessary to take into account the design of mechanisms, when developing tokenomic models. It allows you to set the “correct and desired” behavior of the main participants.
The simplest example of a mechanism design: a grandmother baked a cake for two grandchildren. It is necessary to cut it so that none of the grandchildren is offended. Most likely, a grandmother without special tools will still cut him not perfectly 50% to 50%. The “fast” grandson will choose a larger piece, and the second grandson will be offended a little. Grandma will be upset. What should they do?
We use the design of the mechanisms: the grandmother says to cut the cake to the first grandson, and the second grandson will choose either of the two pieces. As a result, the first grandson will try to cut the pie as evenly as possible, and the second grandson can only choose a better piece. If the first grandson cuts the pie unequally, he will himself be responsible for this misunderstanding. With these rules of the game, no one will be offended by grandmother and will try to behave as rationally and correctly as possible.
The main advantage of tokenomic systems is that the design of mechanisms can be programmed in cryptocurrency protocols, in smart contracts and in the stimulating functions of cryptocurrency assets.
As a result, a well-designed token has the following properties:

• Has usefulness in the ecosystem and without it the ecosystem will function less efficiently or will not function in principle;
• It has inflationary resistance, so the issue of tokens is thought out in the system;
• Scalable, tokens can be sent between people quickly and in large volumes;
• Replaceable, unless it is a unique token (non-fungible tokens);
• Accepted by many people, services, artificial systems;
• It has liquidity, tokens are traded on exchanges and p2p sites;
• It has motivational features for use, which are divided into economic incentives (the token holder earns more or saves with it) or managerial incentives (the token holder has the right to vote and is able to influence the ecosystem).
• The token has “rules of the game”, users understand what can be done with this token and what cannot.

Tokenomics can be called an experimental and new field at the intersection of mathematics, statistics, economics (especially macroeconomics and game theory), cryptography, IT, game design and other related disciplines.
Many teams from around the world are struggling with the design of token systems. In the series of works “Tokenomic Arsenal”, I want to consider what principles are used in the design of tokens in existing projects, as well as give abstract examples. By tokenomic technique, I will mean any feature of the token that characterizes it. Each technique will most often be taken apart separately. If it is impossible to separate the techniques, they will be considered together. Each tokenomic technique will have a tokenomic scheme and is described in an extremely accessible way so that it is possible to visually see and parse this particular feature of the token. I would compare the techniques with the individual Lego parts. Each individually is a very simple unit, but during the construction a rather complicated figure can be obtained.
At the current stage of development, it is important for us to understand the essence of the tokenomic techniques that we have accumulated during this time. Yes, they are very simple when considered separately. But first, we understand and describe each element, and then we build something more complex.
As a result, we will have an arsenal of tokenomic techniques, from which we can already form the design of the tokenomic system. In some cases, the description of the tokenomic technique may be inaccurate in order to simplify the understanding of the mechanism.
In the future, I plan to combine tokenomics in order to describe the entire system.

Token Operations:
Token emission (coinbase): a new token appears out of nowhere, tokens are born in the system.
Transfer of tokens: a token from one wallet transfers to another wallet.
Token burning: the token is permanently removed from the system.
Token Freeze: Token loss of liquidity for a specific time. Freezing can be forced, in this case it is more often called a lockup (occurs with private investors, for example). Also, freezing can be voluntary in nature and pursue certain economic and managerial goals. Freezing is carried out through a smart contract or centralized participants in the system.
Unfreezing tokens: the token leaves the defrosting and can freely move in the system. Token infreezing can occur at the user’s call, or it can occur after a certain period of time. There may also be trigger defrost. In this case, a certain event occurs before unfreezing.
Token delegation: temporary token transfer to the validator in the system. At the same time, the validator does not have ownership of tokens, but has pre-registered rights.
Token recall (unbond): The process of returning previously delegated tokens. Most often, this process is accompanied by temporary or other conditions.
Staking: this concept can be understood as freezing tokens and delegating tokens. In this case, the emphasis is on the fact that tokens are given to the use of a third-party entity (validator, smart contract) in order to increase them.

Tokenomic technique №1: holding incentives through bonuses and penalties.
For example, we want to ensure that early investors do not sell tokens to the market. You can come up with a mechanism that for a certain time, the tokens will be unlocked with losses that decrease over time, and then generally turn into bonuses. Releasing tokens on the first day — you lose 50%, while the lost tokens can be burned or sent to the reserve fund of the project. Release tokens in a year — lose 0%. Releasing tokens after 2 years — you will receive a 25% bonus, while the bonus can be obtained through the issue mechanism (new tokens are created) or can be transferred from the reserve fund (that is, no new tokens will be created in this case). Such built-in mechanisms stimulate the desired behavior of token holders and allow the entire system to function in a fairly predictable style. In this case, the path from minus 50% to 25% can be set by a certain function, that is, at any time the token is unlocked, there will be a penalty or bonus.
The main goal: to tune investors to the long-term goals of the project, and not immediate profit. The mechanism cuts off speculators and encourages investors who focus on the fundamental project goals.
Scheme of technique:

A similar technique (but only with penalties) was used in the LTO Network project and had the name “Troll Bridge”: https://medium.com/@Price_Steven/a-novel-approach-to-combat-ico-speculation-a2309009ee94

Tokenomic technique №2: behavioural mining.
The mechanism for issuing new tokens may have a different nature. In general, it answers the question — under what conditions and by what rules new tokens appear. One type of emission mechanism is user or behavioral mining. The user performed some action on the platform and received token for it. Let’s look at a few examples:
The casino user plays in the casino and for a certain turnover receives the token of this casino. For example, you need to make a turnover of 10 ETH and then the user will receive a new casino token;
The buyer makes a purchase in the online store and, based on the volume, receives tokens of the online store. This is very similar to the loyalty system, when points are generated when buying in the online store, which the user can spend on subsequent purchases. The only difference is that now this token can have other properties. Perhaps he is endowed with a dividend function, and in this case, the buyer of the online store to some extent becomes a co-owner of the online store and will receive a fraction of all future profits;
In a decentralized taxi application, the driver and passenger can both receive system tokens from each trip, and these tokens can have their own purpose.
The main goal: the platform rewards those who use the services of the platform. In my opinion, this is a fairly fair mechanism for rewarding loyal users in order to keep them on the platform for a long period of time.
Scheme of technique:

A similar technique is often used in gambling projects: Dice, Rake, Live — Dapps in the Wink ecosystem. Also, a similar mechanism is used in Gojoy — a service of joint and wholesale purchases.

Tokenomic Technique №3: revenue claiming in exchange for voting.
Often, DAO systems introduce voting for token holders. “Percentage of turnout” here suffers very much, as in life. The active majority votes, which in some cases is about 2–5%. If we want to raise the “turnout percentage”, then the voting should be built in before the process of claiming (requesting) the system’s income, if any. Also, this mechanism should be invested in a convenient user interface, and not manual interaction with a smart contract.
At the same time, income can have a different nature: share premium (tokens are created from scratch), redistributive income (tokens are paid from platform profit), income based on a certain job and other types.
The main goal: to increase the percentage of voters in the system by introducing economic incentives for voting. To some extent, this mechanism can also be used for the legal shell of the dividend system, which becomes not purely a dividend, since before receiving income, the tokenholder needs to do some more management work.
Scheme of technique:

A similar technique is used in the Dlive streaming platform: https://help.dlive.tv/en-us/article/locked-points-mhl19t/

Tokenomic Technique №4: Quadratic Voting.
Quadratic voting is a type of voting in which the number of votes of a participant is equal to the square root of the amount paid by him or the tokens available in the hands of one participant (according to the formula “for X monetary units / tokens you get the square root of X votes”). This type of voting allows to reduce the superiority of wealthy participants in the system and to obtain more even voting results.
For example, the system has a majority token holder with 64 tokens, there are 7 people with 4 tokens each and there are 8 more people, each with one token. There are 100 tokens in the system. If we had a regular vote, then the majority token holder would always win (he has 64% of the vote) and the rest would not even make sense to vote.
With a quadratic vote, everything becomes more interesting. Our rich token holder gets 8 votes, 7 average holders have 2 votes each (a total of 14) and 8 more votes from the smallest token holders. The managerial strength of the rich player is smoothed out, now he has only 26.67% of the total number of votes (8/30). Smaller tokenholders have an incentive to vote. The system is becoming more balanced, now every vote is important. At the same time, a rich token holder can redistribute its tokens among different affiliated accounts and thereby gain more votes in the system. Most likely, in this case, a procedure for identifying users is necessary or “wallets” created before a certain date have the right to vote. Of course, in each case, it is necessary to carefully consider the mechanisms of protection against the unfair game of a rich token holder.
The main goal: quadratic voting eliminates the hegemony of the ruling elite and redistributes managerial functions more evenly. Such a system does not allow slide into authoritarianism and total power of the main token holders.
Scheme of technique:

The concept of quadratic voting is popular with followers of radical markets and developers of DAO in the Ethereum ecosystem.

Tokenomic Technique №5: freeze tokens and increase existing income.

A person already has income in some system. He can increase it if he buys and freezes certain tokens. It is important not to confuse this technique with dividends: until the purchase and freezing of tokens, a person does not receive dividends. In our case, a person already has an income without tokens, but he can increase it by buying tokens.
Let’s consider hypothetical and real examples:
Binance Exchange pays 20% of the referrals you attracted. This percentage can be doubled immediately if there are 500 BNB tokens in the account. Thus, withholding tokens increases existing revenues (in the future).
Let’s say we work for some cryptocurrency structure and get 10 ETH monthly. We can start to receive 15 ETH for the same work, but only on condition that we buy ABC tokens in the amount of 1000 pieces and freeze them on a smart contract.
The main goal: this technique allows you to reduce the number of tokens in free circulation on the one hand and at the same time increases the loyalty of current beneficiaries.
Scheme of technique:


Tokenomic technique is used in the referral program of the Binance exchange. It played an important role in the success of this exchange.

Tokenomic Technique №6: purchase of tokens in order to reduce costs.
The user incurs certain costs in the system, but he can reduce them by buying tokens. It would seem that this is a fairly simple mechanism and in the public sense it can be compared with a discount card. The freedom of tokenomic functionality allows us to use this technique in more diverse forms.
Consider examples of cost reduction. In this technique, for each case, we will also draw up our own scheme to more clearly distinguish one variation from another.
The main goal: to create an economic incentive for the purchase of tokens in order to reduce user costs in the system. The mechanism allows you to remove tokens from circulation or to launch an active circulation of tokens.

6.1. Tokens = unlimited discount card. While we keep tokens in a certain amount — our discount is valid. At the same time, an interval discount system can be created when one number of tokens entitles you to a 5% discount and another 7%. Reception allows for a long period of time to remove tokens from free circulation. This case is used by many types of real business.

6.2. Parent tokens produce children discount tokens. This is a more complicated case, here we have two types of tokens. Parent tokens can be bought and frozen and they will periodically serve as a trigger for the issue of discount tokens. For example, we froze 100 parent tokens. At the end of the month, we accrued profitability, but it happened in separate tokens that can already be spent on reducing the purchase amount. In the system, we will call such tokens points. The point rate can be tied to a stable coin or other calculation currency in the system. Something similar can be observed in the Tron’s ecosystem, when the long holding of a certain number of TRX makes transactions free of charge due to the accumulated energy.

6.3. Write-off of commissions in tokens takes place at a reduced rate. Here, the simplest example is the commission mechanism on the Binance exchange with BNB tokens. For example, you trade 10 bitcoins and a commission of 0.01 BTC should be debited from you, after that you will have 9.99 BTC left. But you can reduce the commission level by 30% if the commission is written off in BNB tokens. In this case, the system will automatically transfer 0.01 BTC at the current rate to BNB, multiply the amount received by 0.7 and withdraw this number of BNB from you. In this case, 10 BTC will remain 10 BTC. This mechanism allows creating an economic demand for tokens (users will buy them in order to save on commissions) and launch an active token circulation.
.

Tokenomic technique №7: holding tokens in order to participate in IEO.
A model that gained fame in 2019. The user holds exchange tokens for a certain time and then can participate in crowdinvesting of a new project.
The exchange most often requires holding exchange tokens for a certain period until IEO (in some cases, there is no such obligation), and then accepts investments in the exchange tokens themselves and sometimes in another cryptocurrencies. Acceptance in another cryptocurrency is beneficial in that in the future it does not affect the price of the exchange token itself. After a certain time, the project will begin to sell the cryptocurrency collected during IEO. And if these are exchange tokens, this will create pressure on the price. In my opinion, the most compromise and equilibrium scheme is the requirement to hold exchange tokens (we remove exchange tokens from free circulation) and accept IEO funds in a more popular currency (as a result, this does not put negative pressure on the exchange rate in the future). Such model is more stable in the long-term period of time, does not create serious pump and dump patterns when users and projects have a high demand for a short period of time, or vice versa, an offer for exchange tokens.
The main goal: listing on the exchange new projects, which, as a rule, are of higher quality, in contrast to stand-alone ICOs. With this model, the scoring of projects is carried out by the exchange itself, which ultimately reduces the level of low-quality and fraudulent products, systems and platforms. The project itself receives attention from users of the exchange and the entire cryptocurrency community. Investors in this scheme invest in more reliable projects and in some cases multiply them in a fairly short period of time. The exchange, in turn, encourages token holders to hold their tokens, thereby reducing the circulation of freely circulating tokens.
7.1. Investors invest in IEO according to the principle: first come — first served.
Under this scheme, investors invest in a new project on the basis of urgency. Whoever managed to invest first got tokens. Sometimes such IEOs close in a few seconds, and demand exceeds supply by several times.



This scheme was used in the first IEOs on Binance, on Bittrex, Huobi and other cryptocurrency exchanges.

7.2. Investors invest in lottery-based IEOs.
The FCFS scheme had its drawbacks: there were many dissatisfied investors who did not manage to participate in IEO. Also, people began to abuse bots to be the first. As a result, an ordinary investor had practically zero chances to participate in IEO according to FCFS scheme. The lottery model was replaced, where each investor already had the same chance to participate in IEO. Depending on the number of holding tokens, lottery tickets are issued for a certain period. The number of tokens can be average for the period or minimum for the entire period. The lottery winners are charged a certain number of exchange tokens, and in return they receive IEO tokens of the project.

.

7.3. Proportional distribution of IEO tokens.
The lottery scheme also has its drawbacks: not everyone is lucky, especially if the investor has few lottery tickets. Some exchanges have begun to apply a proportional token distribution model, often also called the Fusion model. With this scheme, the amount of raising funds is announced, investors make bids or even actually transfer funds to IEO. If the amount of necessary funds was X conventional units, and investors sent 5X conventional units, then each investor will enter only 20% of the planned capital. With such a model, it is important to predict the demand of investors for the project and take into account that only a part of the capital will enter you. Also in this model there may be various variations: for example, those who submitted the application before everyone else may have a raising coefficient. Or the scheme may have a limit on top, for example, 10X conventional units. Also, different coefficients may depend on the retention period of exchange tokens. The basic idea always remains the same: the investor receives the project tokens only for a part of the capital, depending on the demand of other investors.


In some cases, the exchange may combine IEO schemes. For example, at the first stage, arrange the FCFS model, and at the second stage, make a proportional distribution of tokens. In this case, each stage may have different conditions (up to token prices). A combination of schemes was observed at the exchanges Okex, Huobi.
This is the first part of the tokenomic arsenal, where only 7 tokenomic techniques are considered. In the future I plan to continue a series of notes and make out other techniques and systems.
Feedback: @onlypreico_bot in Telegram
Telegram channel: https://t.me/cryptovedinvest
I will be glad to receive a description of interesting tokenomic techniques. If there are inaccuracies in the text or you have comments, then welcome too.
Are you developing a cryptocurrency project? I will consider the possibility of joining the team in terms of developing tokenomics and a business model (schemes, tables, descriptive part).
You can support my work:
BTC: 3Qg1N1MFCbewGHqcUkyR289dvoMJpNkJEK
LTC: MStocnUxWHg8xs87FJZVfvAABzn9cmrrqn
ETH: 0x8484e207E84783F65d584254A44C8d3814437d5a
Thanks!

This collection of notes ‘Future of cryptocurrencies’ is written with an idea to change what people think about cryptocurrencies and the technology behind it, as well as motivate them to learn this topic more thoroughly. People learning this subject are pursuing different goals, and thus can be categorized into different groups:

Investors: are learning cryptocurrencies and its technologies with a goal to increase their capital;
Developers: are applying their technological skills and abilities in order to develop projects that depend on cryptocurrencies. Cryptocurrencies are also helping them to gain additional revenue as well as implement their ideological life principles into perpetual code;
Students, housewives and other people in search of an additional revenue: learning about cryptocurrencies can help those people earn an additional $300-$500 on average by taking part in such events as Airdrops, Bounty programs and other events related to cryptocurrencies;
Scientists: are studying about cryptocurrencies, which aids in the expansion of area of professional interests. Cryptocurrencies can be especially interesting to mathematicians, economists, sociologists, engineers. Cryptography, game theory, programming, game-design, mechanical design — if you are interested in any of those topics, cryptocurrencies are a great start for future development;
Futurists, writers: it is highly likely that cryptocurrencies are going to become ubiquitous in the near future. Learning about cryptocurrencies can be useful to those who wish to predict ways of how that could play out on humanity.
Reading this material should take about 15–30 minutes and ideally strongly encourage you to learn about cryptocurrencies and topics related to them. Mainly, this paper is aimed at people who are not well familiarized with the topic of cryptocurrencies and still think that they are some kind of toy for programmers to play with. Cryptocurrencies have long surpassed the state of a programming experiment and are now closely tied to different social aspects. There are tens if not hundreds of millions of dollars as well as substantial human resources that are being involved in the industry. Of course, in the context of the whole world, these numbers are tiny. Thus, there is a large potential for future growth. This paper is structured in an answer-to-question format. In the future, those answers will be populated with more information.

1. What cryptocurrencies exist in the world today and how do I get information about them?

As of june 2019, there are more than 2000 cryptocurrencies in the world. The main cryptocurrency — bitcoin with capitalization of 140 billion dollars. This is the cost of all the obtained bitcoins on the market. The total value of cryptocurrency market is estimated to be 260 billion dollars. A fairly big capitalization and a large variety of cryptocurrencies make this system really stable. If five years ago you could argue the development of cryptocurrencies, now this area is evolved and can grow exponentially. Traditionally, information about cryptocurrencies can be obtained from an analytical portal https://coinmarketcap.com. In the future, we’ll take a look at other tools

2. What makes bitcoin so special compared to other cryptocurrencies? How many bitcoins are there?

Bitcoin — is the first cryptocurrency, that has become so widespread and dominating on the market and. BTC — is a cryptocurrency, that has overcome the experimental stage and earned a practical application among millions of users. BTC is also closely related to real technical power of machines because of so called mining. Mining is a process in the protocol of Bitcoin, that adds a block of data in the data registry with transactions which causes an emission of bitcoins. As a result of such emissions, there will be a total of 21 million bitcoins that are produced in its whole lifespan. This, cryptocurrency is a limited resource, that statement is guaranteed on the code-level of that cryptocurrency. As of 2019, 17 million bitcoins have been released, which is the majority of the stated emission.
Various statistical data can be viewed on: https://www.blockchain.com/charts For example, the amount of bitcoin wallets is an interesting data field to observe: https://www.blockchain.com/charts/my-wallet-n-users

3. What makes Bitcoin so unique in comparison with regular electronic monet and non-cash money transfers?

The most important thing to notice about BTC is that you don’t need a centralized financial entity in order to perform transactions. You can transfer your bitcoins to any part of the planet, any time. Your transaction can not be blocked or track, unlike with regular centralized transactions. That means that nobody will never be able to confiscate your bitcoins. If you store your bitcoin access keys correctly, you will not be able to lose them, nobody will steal them, nor could the administrative authorities confiscate them. Of course, you might have heard in the news about the confiscation or loss of bitcoins, but all of them are one way or another lead to an improper storage of access keys. Your bitcoins can not be faked, nor can you spend them twice, that is impossible on their code-level. In the cryptocurrency jargon this property is known as “inability of double spend”.
If you wanted to make an analogy in the real world with bitcoins, then you could imagine something along those lines: your bitcoins are stored in an armored safe, that could withstand a nuclear war. In the terms of cryptocurrencies, that armored safe is your public address. The key to that safe is unique and can not be faked, because the amount of different keys that could be made is greater than the amount of atoms in the universe. The key in and of itself is a collection of symbols or a phrase that you could even memorize. In the terms of cryptocurrencies such a key is called a public key, and the phrase is called a seed phrase. Only the owner of a private key or a seed phrase can determine if somebody else could access the safe with bitcoins. You should never give your keys to other people, unless you want to lose all your bitcoins. Of course administrative authorities or bandits could insist on you giving them the key, but the end decision is still on your side. Without your permission, nobody can access the safe.
If we were to compare bitcoins to regular money, the following analogy would be suitable. Information about the state of your bank account is stored in the centralized database. When you make a transaction, an administrative authority looks at your actions and decides whether you’re a good or a bad person and using his key transfers the money from one entity to another. If the bank or your payment system suddenly decides that your transaction is suspicious then there will be no money transfer. You don’t have the key, therefore you will not be able to make the transaction yourself by any means. In bitcoin you have full access to that key, which means that you and only you decide when to make the transaction. You don’t need the banks permission. You’re truly free!
If in some country starts to think negatively about cryptocurrencies, the investor simply moves to another country. He has the unique key to the safe with cryptocurrencies, and he can use it anywhere he wishes. No need to carry out a bag of cash, no need to open an offshore account in Switzerland, no need to be tied to England’s real estate, no need to worry about the integrity of your business in some other country. You just need to remember the unique collection of symbols or words, that give you access to your cryptocurrency.
If you want to delve deeper into the technological side of Bitcoin’s protocol, I recommend the following resources: https://courses.blockgeeks.com/?ref=413

4. Are retail investors the only people investing into cryptocurrencies?

Investments into cryptocurrencies are usually followed by some obstacles, because only some countries sell cryptocurrencies officially. Despite that, investors in more developed countries are investing into cryptocurrencies. Let’s take a look at some examples so that you can understand how big this market is.
Pension Fund of the USA is investing into cryptocurrencies and the technology behind it by the means of a distributed registry: https://www.bloomberg.com/news/articles/2019-02-12/first-u-s-pension-funds-take-the-plunge-on-crypto-investing
Canada allows investing in accredited investors in BTC: https://www.businesswire.com/news/home/20180910005151/en/Canada%E2%80%99s-Regulated-Bitcoin-Fund-Eligible-Accredited-Investor
South Korea Pension Fund invests millions of dollars in cryptocurrency infrastructure: https://www.financemagnates.com/cryptocurrency/news/south-korean-national-pension-fund-invests-cryptocurrency-exchanges/
Another interesting fact: endowment funds from leading universities of the world invest in cryptocurrencies. It also adds seriousness to the fact that the world’s Internet infrastructure, which billions of people use, has been developed in these universities in the last century. Now we will analyze specific cases. For example, the Yale University Foundation.
The assets of Yale University are estimated at almost $ 30 billion. The foundation is run by the ‘Yales Warren Buffett’ — David Swenson, who has been doing this for 33 years. Is the foundation successful? Let’s look at the profitability of the fund compared to peers:

The average annual yield of the best endowment funds for 20 years
Photo source: https://static1.squarespace.com/static/55db7b87e4b0dca22fba2438/t/5ac5890e758d4611a98edd15/1522895146491/Yale_Endowment_17.pdf
As we can see, this is a top fund. The rates of return exceed those of other universities and significantly exceed the return on passive investments. The fund invested in two cryptocurrency funds: a16z crypto, launched by the venture capital firm Andreessen Horowitz, and Paradigm Fund managed by Coinbase co-founder Fred Ashrsam, former partner of Sequoia Capital Matt Juan and ex-Pantera Capital employee Charles Noyes.
And this example is not unique, at least five more funds invested in cryptocurrency. These include Garvada and Stanford Universities, Massachusetts Institute of Technology (MIT), Dartmouth College and the University of North Carolina: https://www.ccn.com/breaking-harvard-stanford-mit-have-all-invested-in-cryptocurrency-funds/
You can still find dozens and even hundreds of examples, I’ll just just give one more. This time from the venture capital industry. There is a rather unique participant on the market with a whole set of successful projects — Sequoia Capital. The fund was founded in 1972 and during this time among their investments: Cisco, Google, Yahoo, PayPal, Youtube, LinkedIn, Dropbox, Stripe, Square, Airbnb, WhatsApp, Instagram and dozens of others. Do you know these giants, in which Sequoia invested at an early stage, when nobody knew about them yet? Today, the fund invests in cryptocurrency projects, including Orchid Protocol, Starkware, Ontology, Handshake, IOST and others. Something tells me that in such an experienced team, people know where to invest for the future growth of their assets..
Endowment university funds, pension funds and venture funds differ in that they think of long horizons of investment. They do not care about short-term quick profits, the sprouts of their investments sprout in 10–15–20 years. Their investments in cryptocurrencies mean that they believe in their ubiquitous distribution in the future. We can notice the decisions of the giants and try to repeat them, or we can further doubt the cryptocurrency. What choice will you make?

5. What do famous people think about cryptocurrencies?

Many famous and rich people invest in cryptocurrencies. This means only one thing: they will become even richer. Of course, among celebrities there are opponents of cryptocurrency, but I clearly observe the trend: people are increasingly beginning to change their minds in a positive direction regarding cryptocurrencies.
Let’s look at the quotes.
Bill Gates, the founder of Microsoft:
« Well, Bitcoin is exciting because it shows how cheap it can be. Bitcoin is better than currency in that you don’t have to be physically in the same place and of course for large transactions currency can get pretty inconvenient».
Eric Schmidt, Computer Science Ph.D., former head of Google. He is currently the Chairman of the Board of Directors of the Alphabet. Schmidt is ranked 138 in the list of the richest people in the world with a net worth of 8.3 billion dollars.
«Bitcoin is a remarkable cryptographic achievement. The ability to create something which is not duplicable in the digital world has enormous value.»
Richard Branson, British businessman and investor, founder of the Virgin Group Corporation, which includes more than 400 companies. Branson ranks seventh in the UK’s richest people list. His net worth is estimated at 4.9 billion dollars.
« Virgin Galactic is a bold entrepreneurial technology. It’s driving a revolution. And bitcoin is doing just the same when it comes to inventing a new currency.»
Peter Thiel, co-founder of PayPal, investor in Bitcoin payments service Bitpay.
« PayPal had these goals of creating a new currency. We failed at that, and we just created a new payment system. I think Bitcoin has succeeded on the level of a new currency, but the payment system is somewhat lacking. It’s very hard to use, and that’s the big challenge on the Bitcoin side».
Ilon Musk, co-owner of SpaceX, Tesla CEO.
« It cryptocurrency bypasses currency controls. … Paper money is going away. And crypto is a far better way to transfer values than a piece of paper, that’s for sure».
Al Gore, US Vice President and Nobel Peace Prize Laureate.
« When bitcoin currency is converted from currency into cash, that interface has to remain under some regulatory safeguards. I think the fact that within the bitcoin universe an algorithm replaces the function of the goverment …[that] is actually pretty cool».
John McAfee, founder of the McAfee antivirus software development company.
« It is not a speculative investment even though it is being used as such by other people. As Bitcoin network grows the value of Bitcoin grows. As people move into Bitcoin for payments and receipts they stop using US Dollars, Euros and Chinese Yuan which in the long-term devalues these currencies».
We took a look at the quotes of famous people who became well-known because of “their brains”. The best minds of the planet for the most part see positive moments in cryptocurrencies and invest in them themselves.

6. Where are cryptocurrencies used? What are the perspectives?

In this note we will discuss practical cases of cryptocurrency:

• Cryptocurrencies are an excellent means of payment, including cross-border. Commissions in various payment systems of the ‘regular money world’ can reach up to 5–10%. Why pay such a commission when cryptocurrencies can be sent with almost zero commission?
• Cryptocurrencies are very convenient in the gaming and gambling industry. In the future, whole virtual worlds will be built, which will have its own currency that has value in the real world. Of course, it will be based on cryptotechnologies.
• Cryptocurrencies are used in smart contracts and allow you to delegate contractual relations to software and automatic levels.
• Cryptocurrencies can be used for the “communication of things.” For example, a car can pay for the toll road in an automatic mode, “talking” with road sensors. There are still millions of cases from IoT (Internet of Things), where cryptocurrency will be used. If you take the domestic sphere, the heaters in the house can automatically pay utility bills to the heat supplier, bypassing the management company. As a result, it will be faster, cheaper and more convenient.
• Cryptocurrencies are an investment tool and are weakly tied to the real world economy. This property helps investors diversify their investments if they add more cryptocurrencies to the ones they already have.
• Cryptocurrencies will become a means of transferring value in social networks and instant messengers. Currently, we can send a message through any messenger in a fraction of a second, and sending virtual values will soon be added to our messenger toolchain.
• Any business can use cryptocurrency. For example, we can create a digital art shop and accept payment for our creativity in cryptocurrency anytime of the day from anywhere in the world. Or we can create gift cards, that accept funds in cryptocurrency. At any time, the owner of funds can exchange them for another cryptocurrency, or use them as a discount or a bonus.
• Cryptocurrencies can be used in the government. Based on cryptotechnologies, a voting procedure can be created or we could organize a registry of land owner.
• Cryptocurrencies will be used in the calculation of the basic income of citizens determined by their online work. Currently it already works in various airdrop and bounty programmes, people receive $50-$3000 monthly in cryptocurrency for their actions in the network. Gradually, this model will be adopted by the countries as well, since such an initiative will work better than benefits and subsidies from a moral and social point of view.
• Transactions in the digital world are transparent if the cryptocurrency is not completely anonymous. Due to the property of openness, budget, charity and investment funds will be spent completely transparently. Any participant can trace the chain of expenditure of funds. As a result, people will behave more honestly, and corruption could be minimized.
• Cryptocurrencies can be used to tokenize real-world assets. In this case, some part of the property is matched by a digital entity. For example, we divide an expensive picture into 100 parts, assigning a token to each part and sell 100 tokens on the open market. As a result, each owner of the token owns a piece of an expensive painting. He can resell it, receive his percentage of the dividends, if the picture goes to a paid exhibition. Art, real estate, transport, business, roads, places of public use and other real objects can be tokenized.

In this section, I also would like to dispel the myth that cryptocurrencies are widely used in the criminal world:

Usage of BTC on darknet
Less than 1% of BTC transactions are accounted for the darknet market. In fact, for criminal purposes, cash is most often used. In some countries, up to 20% of all cash transactions account for criminal purposes. Cash is difficult to track, the transfer takes place without intermediaries and virtually anywhere.
Here are just some examples of the use of cryptocurrency. In the future, the amount of different things you could do with cryptocurrencies in the real and the virtual world will become even larger.

7. Cryptocurrencies are competing with fiat money, is that actually good?

Before discussing the benefits of cryptocurrency competition, let’s try to give an actual definition of money. What is money and what is it for?
Money is a kind of unit that measures human labor that benefits other people. In classical economic thought, the more a person works for the good of society, the more money he gets. And this is not necessarily about the individual labor of a person. He can manage people, increasing the working capacity of the team as a whole. For this, the team gives the manager a piece of their work. A person can also create technology that will increase the productivity of the current economic process. If you want a lot of money, then in fact there are two main and honest options: to very effective to yourself or create a team / technology that improves the efficiency of other people’s work. In the end, you must benefit people, and through the money mechanism they will indirectly thank you.
If there were no money, we would have to make an instant exchange. No one could produce goods or services for the future. I grew potatoes, and I need a haircut. With no money at all for each haircut, I would have to pay potatoes. This is inconvenient, so people invented various pebbles, shells and animal skins.
With the formation of statehood, we have a centralized body that issues money. Money serves as a single medium of exchange. We will not delve into the history of money. We will dive into the modern world of money. The problem is that modern money is in fact not provided with anything. If you think that they are provided with gold or oil, then you are mistaken. Try to show all the dollars to the bank, and there will not be enough gold for everyone. The same thing happens with any other modern currency. Is there a problem with this? Of course. Again we will try to consider this problem on a life analogy.
And first, let’s analyze the concept of monopoly. Monopoly is a situation without choice. For example, if you like trains and want to move from point A to point B by train, then you will have to travel using the services of a natural monopoly on the railways. Any monopoly, even a natural one, leads to the fact that the monopolist becomes a bold, arrogant and criminal market participant. This is always experienced when receiving services from monopolists. Perhaps in human nature there is a hidden need somewhere in the subconsciousness for the humiliation of the weak by the strong. But just remember any situation where the subject of the relationship is a monopolist. Did you get a passport? How were you approached there? Did you contact the district clinic, because it was not possible to go to the paid one? Is there a friendly attitude? What is the attitude of a rural notary to his clients? I think that each of us at least once in his life faced a situation of monopoly. And everyone understands that monopoly is destructive in the interaction of individuals.
Now let’s combine money and monopoly. And we will have the most terrible thing of the modern world. Monopoly on the issue of money. Do you think that it is different from the woman in the passport office? Or is it is friendlier than the clinic manager? In fact, it is even worse because it is faceless. The owners of the money do not see the torment and grief of their victims, so they act even harder. Of course, state institutions are restraining the onslaught of money monsters, but their power is still major and unlimited. The bad thing is that they use cunning methods that are difficult for an average person to understand. But let’s analyze at least one example. For example, the monetary authority decided to save a large bank and printed a lot of money. Yes, yes, just pressed a button and instead of the conditional 30 trillion rubles, it now has 36 trillion rubles. But with such an issue, no more goods or services appeared in the economy, which means that other goods or services simply rise in price by about 20%. And what does this mean for someone who has transferred part of his labor into money and invested them in financial instruments? This means that, thanks to the emission scam, a handful of beneficiaries from the bank just robbed all hard working citizens. Of course, a citizen, as lay a million on the account, and lies. But only if earlier he could buy 1000 grocery sets for this million, now he will buy about 830. This is the way a bunch of insolent people have devalued the work of an honest citizen.
It just happened to be that in history the society does not tolerate monopoly. We on an instinctive level feel that each of us must have more or less equal conditions for survival in this world. Any monopoly sooner or later collapses. Once the monopoly of the Roman Empire fell. Once fascist Germany collapsed. Any villain, any abstract monopoly is squeezed out by people who value freedom. And now comes the time of the destruction of the monetary monopoly. This monopoly will be very difficult to destroy, since it is tied to the punitive functions of the state and to the general dependence of society on money. You can’t just stop the circulation of money. But smart people are creative. And now a cryptocurrency has just been invented, which can fight with classical or fiat money.
A cryptocurrency is valuable because it contains 2 functions at once: it is used as a kind of data container, inside a cryptocurrency project + it can be used as a preservation of the results of labor, that is, in fact, to act as money. And this double strength of cryptocurrency makes it an excellent weapon for the destruction of monetary monopoly. It creates competition. Now each of us, if he wants, can already choose: in what way do I keep my investments? You can choose the ruble, and you can choose the air or bitcoin. A freedom of choice now appears. A new economic era is born, where there will no longer be mass economic robberies. But we are only at the very beginning of the journey. Soon the monetary authorities will understand the danger of their position. And then we will see the war of the cryptocurrencies and fiat money. The winner here is already clear. Monopoly is always crumbling. But the fight will be the largest in the history of world battles. We will not win immediately. Perhaps the victory will move away by 30–50–100 years.
However, we are grateful to the cryptocurrency, that it already grants the opportunity of choice to smart people.

8. Do well-known companies use blockchain technology? What do corporations think about cryptocurrencies?

Large technology companies have long been exploring options for using blockchain technologies in their business processes, and many have already implemented them. Research is also being conducted in this area, corporations are filing patent applications for the blockchain know-how.
For example, there is an open source project — Hyperledger. The project is a large work to create an open distributed system that can be used for open development and implementation of the blockchain in business processes. The focus is on creating and launching platforms that support global business transactions. The project was created by the Linux Foundation and is supported by real giants: IBM, CISCO, Intel, SAP, Bosch, Deloitte, FedEx, Huawei, Lenovo, Oracle and other giants. All members of Hyperledger can be found at: https://www.hyperledger.org/members Under the auspices of Hyperledger, several solutions are being developed. The most well-known currently is the open-source solution for private blockchains — Hyperledger Fabric under the auspices of IBM and Digital Assets.
Google added the Ethereum blockchain to the data analysis service: https://cloud.google.com/blog/products/data-analytics/ethereum-bigquery-public-dataset-smart-contract-analytics Google also integrated the Chainlink oracles protocol into its services: https://cloud.google.com/blog/products/data-analytics/building-hybrid-blockchain-cloud-applications-with-ethereum-and-google-cloud As we can see, the search giant is no longer just exploring cryptocurrency , and delivers ready-made services for interacting with public blockchains to end users.
IBM in the blockchain environment is also known for an abundance of patents, ranging from augmented reality interaction patents and blockchain technology to the use of the blockchain in the logistics and supply chain. IBM has a whole section on the blockchain site: https://www.ibm.com/blockchain
Let’s look at some more bundles of well-known companies and cryptocurrency technologies:
Nothing unusual, Forbes is developing an analytical portal on cryptocurrency: https://www.forbescrypto.com/
Yahoo competes with Forbes in cryptocurrency analytics: https://finance.yahoo.com/cryptocurrencies/
The US Securities Commission made a whole section on cryptocurrency and ICO on its website: https://www.sec.gov/ICO
IBM creates a directory of digital technologies and blockchain companies: https://unbounded.network/
You can give hundreds of examples of the application and study of cryptocurrency giants. I hope that you no longer have any doubts that the cryptocurrency trend is developing with mad power and the world-famous giants are at the forefront of the great movement.

9. How are social networks and cryptocurrency connected? Of special interest are Facebook, WhatsApp, Telegram, Viber and others.

In a separate note I want to highlight the giants who develop cryptocurrency, which will be used by hundreds of millions of users.
Facebook plans to launch Libra cryptocurrency in its services. Uber, Visa, Mastercard, PayPal and more than 25 companies have already invested in the company’s initiative for at least $ 10 million. Cryptocurrency can be used in Facebook services, online stores and WhatsApp messenger. Total Facebook plans to attract about one billion dollars for its development. Cryptocurrency launch is expected in 2020. Watch for Libra here: https://libra.org/ and https://calibra.com/
Back in 2018, Telegram Messenger officially raised $ 1.7 billion to create the blockchain platform TON and the internal cryptocurrency GRAM. Wikipedia has a whole section on the new cryptocurrency and its platform: https://en.wikipedia.org/wiki/Telegram_(software)#Telegram_Open_Network_ICO It is expected that the Token Gram will be launched in the third quarter of 2019.
Viber does not take such obvious steps as its previous competitors. Nevertheless, a number of actions by the company Rakuten, the owner of the Viber messenger, indirectly indicate the possible implementation of cryptocurrency in the Viber messenger. Rakuten actively buys cryptocurrency projects: exchanges, wallets, payment services.
Let’s consider the more “exotic” ones. Line is a fairly popular messenger in the world, especially in the Asian region. The information resource Craft.co tells us that over 200 million people use a messenger monthly, and the number of installations on all platforms already exceeds one billion. It should also be mentioned that Line is not just an instant messenger, but already an entire ecosystem of games, various applications and related industries, such as the sticker market. The corporation will launch Link’s cryptocurrency on its own blockchain and is going to do all this in a legal legal field. So, in Japan, for the first time, “LINK Point” will be used until the legal component in this region is settled. Already, Line is planning to open a crypto-exchange:https://www.bloomberg.com/news/articles/2019-06-20/line-said-to-near-approval-of-japan-license-for-crypto-exchange
Korean Kakao Messenger also develops its own Klaytn cryptocurrency, as well as introduces a multi-currency cryptographic chain. The company actively cooperates with other cryptocurrency projects, for example, Theta.
Teams from all over the world are trying to create a second Instagram / Facebook / TikTok, where cryptocurrency will be actively used. Steemit, Golos, Dlive, Bermi, Blive and many others are already participating in the race.
In the future, cryptocurrency will be as easy to send as we are now sending messages to each other. And we will do it every day, as well as every day we use instant messengers and social networks.
The only thing you need to learn is what cryptocurrency Facebook, Telegram and other social networks will release. If the network management has the right to take the currency from the user for one reason or another, it will be a quasi-cryptocurrency. Remember that the real cryptocurrency belongs only to the user and no centralized authority has the technical ability to select it without the consent of the user.
I will quote Stepan Gershuni:
“Thanks to Libra from Facebook and TON from Telegram, 1.5 billion and 300 million users will learn about cryptocurrency respectively. The one part and the other is more than bitcoin users in the entire history. Gradually, they will have a reasonable question — is there any such cryptocurrency, only so that Facebook could not ban my account and take all my money? ”

10. What are smart contracts and Ricardian contracts?

Smart contracts allow you to create complex conditions for the movement of cryptocurrency. For example, a smart token ABC is created with a quantity of 1000 tokens. The investor can send 1 air on this contract and automatically receive 10 ABC tokens. Such a condition is written in a smart contract. This is the simplest example of using a smart contract. In reality, there may be smart contracts with more complex conditions. Thanks to the oracles in smart contracts it is possible to deliver external data. For example, farmers can create a seasonal insurance fund tied to the average air temperature. At the end of the season, the funds of the insurance fund will be automatically redistributed according to the conditions created in the smart contract. No approval from the insurer or auditor is required. Honesty is guaranteed by a smart contract code. Many digital relationships can be translated into smart contract logic. The most popular platforms for smart contracts are now Ethereum, Tron, IOST.
Ricardian contracts can be called the following modification of smart contracts. In fact, this is a smart contract that is legally binding and is “understood” not only by a computer, but also by a person. You can say this is an electronic document in the usual human form, but the key parameters of which are recorded in the blockchain. Execution of the Ricardian contract is guaranteed by a computer code, and in the case of disputes may entail real legal consequences. Ricardian contracts in the future can reduce the work of notaries to a minimum, improve the operation of online stores, optimize logistics processes, transform the financial sector and reduce transaction costs in other sectors of the economy. The main contenders for the Ricardian contracts include projects EOS, Tezos.

11. Is it reasonable to keep cryptocurrencies in the investment portfolio?

From a professional point of view, it is not reasonable not to keep cryptocurrencies in a portfolio. Many financial participants in the world have already appreciated the advantages of owning a cryptocurrency, and someone is only going to invest in them, since there has not been a legal opportunity before.
If you have already dealt with investments, you have heard the phrase: you should not keep all your eggs in one basket. When we invest only in the assets of the fiat money world (stocks, bonds, real estate and others), we automatically keep our funds in the “classic basket”. At the same time, a “cryptocurrency basket” has been developing in parallel for more than 10 years. The presence of cryptocurrency in your investment portfolio not only increases its potential profitability, but also generally reduces its risk. Assets are reallocated between systems.
Speaking in a more professional language, cryptocurrencies have a weak correlation with assets from classical finance. This means that the movements of stocks, bonds, and gold weakly repeat the movements of cryptocurrency. Stocks rise, cryptocurrency may fall. Stocks fall, cryptocurrencies can grow. A weak correlation allows for a more balanced portfolio. Let us translate the words into numbers and look at the correlation table of Bitcoin and cryptocurrency indexes with real-world assets (highlighted in orange):


If you are from the world of finance and are familiar with portfolio theory, then you understand the beauty of having cryptocurrencies in your investment portfolio. For the rest, let us explain: a weak, and often even a negative correlation, is an excellent signal for including an asset in an investment portfolio. Of course, if this asset has a positive expectation in future periods. After reading a series of notes, I think that you will have a “positive” expectation for the future of cryptocurrencies.
The correlation has an interesting feature: it does not save investment portfolios when it is most needed. I think that many people remember the crisis of 2008. That year, bonds, stocks, real estate prices and other assets fell. There are suggestions that this does not affect cryptocurrency. On the contrary, they grow due to crises, as people run into cryptocurrencies from inflation of national currencies. Cryptocurrencies can be a real life saver for your investment portfolio if a local or global crisis occurs.
Keep a part of your funds in cryptocurrency, do not put all the eggs in one basket.

12. How will deprication of local currency affect my cryptocurrency portfolio?

Cryptocurrencies are global digital currencies. Relatively speaking, they are tied to global space. Of course, the largest peg goes to the dollar, as there are many trades and calculations in relation to it. If a regional currency begins to depreciate, then it depreciates and relative to cryptocurrency, all other things being equal.
If there is a certain amount of cryptocurrency in your portfolio with an estimate cost of $1,000 or 65,000 rubles while the exchange rate is 65 rubles for a dollar, then if the dollar rate rises to 80 rubles, your crypto-savings will be estimated at 80,000 rubles. Thus, the cryptocurrency is a kind of insurance against ruble depreciation. If in the future you expect a dollar in the region of 80–100 rubles, then this is another plus in favor of having cryptocurrency in your investment portfolio.

13. How do regulators in the world treat cryptocurrency? Do they really consider cryptocurrencies as something important?

Securities commissions, central banks, governments and other regulatory and administrative units are closely following the development of cryptocurrencies and are exploring the possibilities of using them.
Perhaps one of the most significant events in this area took place in April 2017, when Japan recognized cryptocurrency as a means of payment. After that, many countries began their way in the regulation of cryptocurrency. The situation here is changing now every day. Many legal organizations, working groups with various government agencies are studying the regulation of cryptocurrency in the world. For example, evaluate the 429-page report on the regulation of cryptocurrency: https://www.dropbox.com/s/s1w0ymiw12soqy2/The-Virtual-Currency-Regulation-Review---Edition-1.pdf?dl=0
Here are some things in terms of regulation that convince us of the serious penetration of cryptocurrencies into society:
In Ohio you can pay taxes with cryptocurrencies: https://qz.com/1474124/the-people-of-ohio-can-now-pay-taxes-in-bitcoin/
On the website of US Securities Commissions there is a whole section related to cryptocurrencies and ICO.
Malta at the state level wants to gain a foothold as a reliable jurisdiction for blockchain companies.
Switzerland is already called by some people Crypto Valley, people there open blockchain companies and even have legal crypto funds.
FATF develops circulars on the rules of regulation of cryptocurrency among the participating countries.
Cryptocurrencies are discussed at the World Forum, in the US Congress, in the European Parliament, at G20 meetings.
Australia has developed legislation in the field of ICO and cryptocurrency.
The world is changing every day in front of our eyes. As we can see, developed countries seek to lead progress and develop regulations for its regulation. Who is trying to ban cryptocurrency? Iran, India and other developing countries. Perhaps they do not know about the impending wave of the digital world?

14. Can cryptocurrencies be traded on stock exchanges? What graphics do they work on? What is DEX?

Cryptocurrencies can be exchanged for each other through centralized cryptocurrency exchanges and through decentralized exchanges or protocols. In the first case, you trust your cryptocurrency to the exchange organizer. In the second case, the exchange occurs at the protocol level, you do not need to trust a third party.
Centralized cryptocurrency exchange
These stock exchanges are comfortable with their liquidity: the exchange takes place very quickly. You can quickly get BTC to the site and exchange it for the desired cryptocurrency. In the process of opening an account, as a rule, you need to go through the procedure of identification of the individual — KYC (know your client). The disadvantage of such exchanges is that in this case you do not own de facto your cryptocurrency. The exchange may close, it may get hacked, the management of the exchange may be put in jail. In this case, you lose your cryptocurrency, since you do not have a private key. The most reliable exchanges for June 2019 include Coinbase, Binance, Huobi.
Decentralized exchanges and protocols
Decentralized exchanges operate in such a way that you do not lose access to your cryptocurrency even in the exchange process. There are significant drawbacks: low liquidity, slow transaction speed, incompatibility of various blockchains (currently you cannot change this way, for example, EOS for Tron). The exchange usually occurs within a single blockchain: for example, the etheric token is changed to the etheric token. Right now advanced technologies of decentralized exchange (atomic swaps, cross chains) and the idea of ​​DEX-exchanges are being actively developed. Most likely, in the future all the disadvantages of the current DEX will be eliminated.
Also, the benefits of both types of cryptocurrency exchanges include the fact that they work all the time. Classic stock exchanges work on schedule, at night, investors sleep. Cryptocurrency is a world without borders, that is why non-stop exchanges work here.
Interestingly, cryptocurrencies or derivatives on them (futures, options, etc.) are already being traded on classical exchanges or are about to be traded.
Bitcoin futures are on the Chicago Mercantile Exchange: https://www.cmegroup.com/education/bitcoin/cme-bitcoin-futures-frequently-asked-questions.html
Bitcoin Trust offers Grayscale: https://grayscale.co/bitcoin-trust/
In Switzerland, you can buy cryptocurrency ETP products: https://www.amun.com/en/index/
The Nasdaq Stockholm trade Exchange Traded Notes on BTC: http://www.nasdaqomxnordic.com/etp/etn/etn-historical?Instrument=SSE109538
As of June 2019, the largest stock exchanges of the world, the NYSE, the Nasdaq, the London Stock Exchange, the Swiss Exchange, the Australian Security Exchange and other exchange giants are considering entering cryptocurrency trades in the world.

15. Long-term trends in cryptocurrencies. What is the growth potential of a cryptocurrency market?

Cryptocurrencies are quite a young phenomenon. Nevertheless, it is already possible to trace some indicators of the industry.
The number of Bitcoin wallets https://www.blockchain.com/charts/my-wallet-n-users?timespan=all:

Growth in wallet amount
Average number of confirmed transactions per day https://www.blockchain.com/charts/n-transactions?timespan=all:
https://miro.medium.com/max/875/0*3-YgRSNVDx1EqKVU
Average number of transactions


Cryptocurrency capitalization

Cryptocurrencies, like any markets, have their own crisis situations. That is what we see on the last chart. The 2018th year was hard for cryptocurrency. Most of them lost in value, while market capitalization fell by 79%. It should be understood that the classical markets at different historical stages also had crises. Let’s look at the maximum fall in stock markets of different countries:

Drawdowns in stock markets

No developed country managed to escape the crisis. We should not be frightened by the fall of 2018. This is a normal situation for any market that is going through a phase of rapid growth.
Also in this part we will try to assess the growth potential of the cryptocurrency market. To do this, look at the capitalization of assets in the world:
Gold: 8–9 trillion dollars;
All banknotes of the world: about 8 trillion dollars;
All shares of the world: about 80 trillion dollars;
World real estate: about 230 trillion dollars;
Derivatives Market: about 550 Trillion Dollars
The capitalization of all cryptocurrencies on June 24, 2019 is 328 billion dollars. They are used by about 1–2% of the world’s population. Moreover, about 47–48% of the population uses the Internet. The growth potential of cryptocurrency to one gold: you need to grow almost 30 times. Growth potential to Internet users: you need to grow 25–35 times.
We just gave some figures about the entire market and its competitors. I think that they are enough to understand the potential of the scale of the new cryptocurrency industry. Growth of 25–30 times from current levels can be called the end of the era of the formation of a new market. The market will become quite mature, mad returns will become a thing of the past. Manage to make cryptocurrency capital here and now.

16. Is it possible that in the best universities of the world there are courses on cryptocurrency and blockchain technology?

According to the 2018 data, 21 of the 50 best universities in the world presented courses on blockchain technology and cryptocurrency. Source: https://blog.coinbase.com/the-rise-of-crypto-in-higher-education-81b648c2466f I doubt that the best minds of the world would be taught something that has no future. List of universities with the number of relevant courses:

Courses on blockchain and cryptocurrency in the best universities
The online portal Coursera issues 38 courses for “blockchain” requst: https://www.coursera.org/courses?query=blockchain& and 20 courses on request “cryptocurrency”: https://www.coursera.org/courses?query=cryptocurrency&
The future generation is preparing for a new reality. Each of us can also attend online courses. You can start with free online lectures.
A lot of materials puts out the platform Blockgeeks. Courses for investors, developers, students and researchers. They are constantly adding new current articles, videos and programs.

17. How much money is invested in mining cryptocurrency? I would love to see some approximate figures.

In areas with relatively cheap electricity, there are entire farms with several thousand ASIC miners. This can already be called industrial mining, we are talking about tens and hundreds of millions of dollars in investment.
o understand the scale of mining, you can look at the reports on the revenue of a major manufacturer of mining equipment Bitmain:

Bitmain revenue by year
Bitmain has plans to go IPO and become a public company whose shares will be traded on the stock exchange.
Thus, it can be concluded that someone is investing billions of dollars in mining. In these figures, “sits” only the equipment itself. They can safely add investment in real estate for mining, staff training, equipment maintenance and other investments and costs. Tens of billions of dollars have been invested in the mining industry. It is unlikely that people would invest such sums in the business if they did not see prospects in cryptocurrencies.
Also indirect conclusions about the scale of mining can be made by studying the dynamics of stock quotes Nvidia: https://finance.yahoo.com/quote/NVDA In 2017, there was a real boom on the video cards of this company, which were used in mining cryptocurrency. As a result, the company’s capitalization has grown from 109 billion dollars to 280 billion at its peak. Now the capitalization has decreased to 153 billion dollars, but it is still quite higher than the initial one.
Mining cryptocurrency is no longer a geek’s toy, but a big business with billions in investments. Crypto-enthusiasts, private businessmen, corporations and other smart actors invest in cryptocurrency infrastructure. All of them are united not only by the desire to earn, but also by faith in the cryptocurrency future.

18. How much do people earn on ICO?

Initial Coin Offering (ICO) — the initial offer of coins. During ICO, a decentralized project collects funds for development and development, and in return, investors receive project coins. The ICO format gained particular popularity in 2017 and became one of the growth triggers for the cryptocurrency industry.
In addition to the abbreviation ICO can also be found:
IEO is the initial exchange offering. Investments take place on the exchange, the exchange organizes the initial offer of coins and then, as a rule, opens trading with these coins.
IDO — initial DEX offering. Everything is the same as in the previous paragraph, only the exchange is decentralized.
STO — security token offering. A variation of ICO, but the token in this case also has the legal status of a security.
Dynamics of ICO fees by year:
2016: $ 100 million;
2017: 10 billion dollars;
2018: 11.6 billion dollars;
2019 (I quarter): 0.9 billion dollars.
Updated statistics can be found here: https://icobench.com/report
ICO fees are still lagging behind the closest competitor — venture deals:


Venture trade statistics
Source: KPMG Enterprise
Globally in the world in 2018, they collected over $ 250 billion.
In this part, it will be appropriate to provide statistics on the IPO market in the United States by year:


US IPO Statistics
Source: Renaissance Capital
46.8 billion — the amount of funds raised by IPO in America in 2018. In principle, this figure is already comparable to 11.6 billion ICO-investments in 2018.
As we can see, cryptocurrency fees for new projects amount to billions of dollars for the year, starting in 2017. Despite the overall cryptocurrency decline in 2018, investment in blockchain projects even increased by 16%. It can be expected that the trend will continue. Investing in ICO is an investment without borders and it is impossible to stop such investments.

19. Is it possible to make money on investments in ICO?

As with any investment, you can earn money on an ICO, or you can lose it. We recommend to treat such investments extremely carefully and carefully manage the risk. Do not invest in one ICO all your cryptocurrency assets. It is more expedient to divide the capital into 10–20 projects.
Regarding ICO profitability, you can refer to several sources:
Statistics from ICODrops for each project:
https://icodrops.com/ico-stats/
Statistics on IEO in the context of exchanges:
https://cryptorank.io/ieo-platforms-roi
When investing in ICO, you can globally distinguish two strategies:
Flip-strategy: an investor participates in ICO with plans to quickly exit the project after listing on the exchange. Thanks to the limited ICO tokenomics, favorable conditions are created for the explosive growth of the token on the exchange. The terms of limited tokenomics include: low fees, restriction of participants by countries, low capitalization per participant and other requirements for the investor. As a result, for example, 50,000 investors want to enter the project, and only 5,000 people can enter the ICO. After entering the stock exchange, the remaining 45,000 can now buy a token and some of them do it, which sometimes leads to a huge increase in the token during listing. At this point, just ICO-investors can come out with a big profit. In this scenario, the profit is usually speculative and not tied to the fundamental success of the project itself.
HODL strategy: an investor participates in an ICO with long-term plans, that is, he is going to keep a project token for several months or even years. In this case, a fundamental assessment of the project (real use of technology, number of transactions, number of users, and others) is important for the investor. Such investors are willing to hold project tokens for a long time in exchange for higher returns at the end of the investment period. In some cases, the tokens may not even sell, they fall into the permanent investment part of the portfolio and continue to be held on. It is necessary to understand that with such an approach it is necessary to diversify risks and invest in many projects with the understanding that after a certain time only 5–20% of projects will take off.
After studying the statistics you should not think that in the ICO you can earn easy money. A cryptocurrency investor has to choose from thousands of projects, and few become leaders. Only a reasonable approach and long-term plans with an understanding of all the prospects of a new industry will help you earn here.

20. What investment strategy do you follow in cryptocurrencies? What are the results from the past?

During the year I do not mix cryptocurrency and fiatnye funds. Redistribution between them occurs only once a year. I also recommend to do the same to other investors.
I NEVER shorten the market, do not engage in margin trading, do not invest all the money in one project. If you want to grow and develop in the cryptocurrency market, I recommend that you also never do these three things.
Also, I do not go out in USDt and other substitutes in the hope of “catching the correction.” Statistically, by using this method, with a high probability you will miss strong growth of cryptocurrency.
My cryptocurrency portfolio can be divided into the following large entities:
base or passive portfolio. This is a fixed composition of coins for a year with periodic rebalancing. Perhaps in the future I will adjust this composition once a quarter, as long as the cryptocurrency market is too unpredictable.
medium term trading ideas. In this part of the portfolio I buy coins for various ideas. Usually, the term of such investments lasts from one to several weeks. This is not day-trading, and especially not scalping with a lot of intraday operations.
dividend ideas. In 2019, I discovered an attractive way to increase cryptocurrency investments — dividend tokens. Earnings here are possible due to the redistribution of profits among token holders or due to the built-in tokenomic mechanisms (staking, etc.)
ICO / IEO / Pre-ICO / Pre-IEO. I invest in projects at an early stage. Now it happens mainly through the exchanges, if the project will soon enter the market or through pools with prospects for the project to be released soon on IEO.
mining. A small part of the investment is in mining equipment.
The described structure of the portfolio allowed me to survive quite comfortably even in 2018 crypto winter.
As for the “final numers” they are:
2017 (from August): + 371%, BTC over the same period + 323%;
2018: -34%, BTC -73%. Investments in ICO allowed to increase the profitability of the entire portfolio, since the base portfolio for the same time went to -79%;
2019: the results of the base portfolio https://t.me/cryptoved/601 (+ 190% on June 25), BTC + 202%.
I think that investments in Pre-IEO and other parts of the portfolio will still allow to overtake BTC in terms of profitability in 2019. In any case, such a portfolio is more resistant to cryptocurrency shocks, less risky.
Since 2017, I have invested in 55 ICO at different stages. Among them, there are already written off projects, that is, the investment turned into zero. There are star projects that gave their “X’s”. This experience allows you to continue to invest wisely in high-risk projects. As of June 26, 2019, the average ROI is + 63.48% per project (here, the failed projects are also taken into account, as well as the over-subscription sales at Huobi and Gate have been calculated taking into account the efficient use of total capital). With this result, it would be possible to enter the TOP-30 crypto funds. Maximum result + 1193% (Holo). 54% of projects showed / shows positive results, 46% went to the negative.
I just want to warn those who came here for easy money in a short time: it is better not to do so. Cryptocurrency investments should be treated as high-risk, high-profit, but LONG-TERM investments. You need to be able to wait for the ripening point. The massive introduction of new technologies takes a long time. Accelerated cryptocurrencies go through this, but years must still pass for global cryptocurrency penetration into the masses. The one who came here with good intentions and understands the essence of cryptocurrency, will be able to earn here at a distance. Speculators with a thirst to do x2 for the month will be destroyed by the market. Only a conscious approach with long-term plans and a diversified portfolio is suitable.
Cryptocurrency future is coming. The choice is yours.
Thank you for reading the text to the very end. Transfer it to someone else who might enjoy it:)
I will be glad to see you among subscribers of the Telegram-channel: @Cryptovedinvest https://t.me/cryptovedinvest

Does the minting of new stable coins affect the cryptocurrency market? It seems intuitively that the influence should be. New USDt or other coins are issued, redirected to exchanges and BTC or altcoins are purchased. Let’s check our hypothesis on the data.

I use the https://cryptodollarcap.com/changes service to search for days with the net minting of cryptodollars above 30 million per day.

For example, there were two such days on the screenshot:
https://www.dropbox.com/s/3e31w6bi6s940uf/CryptoDollarCap.png?dl=0

I researched the period from the beginning of 2018 to June 17, 2019. In total, it turned out 27 days with high “net” emissions (the number of coins created minus the number of coins burned).

Next, we check the dynamics of BTC prices: on the day of issue, the next day, after 3 days, 5 days and 10 days.

The results were as follows:
In 62.96% of cases on the day of such emissions in the market was an increase.
In 48.15% of cases the next day there was an increase in the market.
In 46.15% of cases in the next 3 days there was an increase in the market.
In 38.46% of cases in the next 5 days there was an increase in the market.
In 40% of cases in the next 10 days there was an increase in the market.

Now let's see what indicators characterize the entire period on BTC market:
In 52.53% of cases, the day closed with growth.
In 50.84% ​​of cases, 3 days closed with growth.
In 50.09% of cases, 5 days closed with growth.
In 50.09% of cases, 10 days closed with growth.

As we can see, the “medium-term” (next day and the next 3/5/10 days) results of crypto-dollar emission have, rather, a negative impact. For example, in 48.15% of cases a day after an issue we have an increase. In the market in 52.53% of cases day closed with growth. The same is observed in longer time intervals.

An interesting situation is observed only on the day of issue. In almost 63% of cases on such a day the market is growing. This indicator is more than statistical 52.53%.

The study period is mostly bearish on the market. If we bought BTC at the beginning of 2018, and sold on 06/17/2019, we would have suffered a loss of -32.7%. Issuing days give an increase in absolute terms + 9.15%. That means that if we bought BTC only on these days, then our profit would be about 10% compared to a market loss of -32%.

I decided to go ahead and check if this event is an accident or if there is a pattern. From the dataset from 1.01. 2018 to 17.06.2019 generated 500 random sets of 27 days each and looked at the percentage results of these data. This generation models random purchases 27 times during the study period (simulation occurs 500 times). It turned out that in 32% of the outcomes the random purchase turned out to be better than the “emission result” of + 9.15%. Accordingly, in 68% of cases, emission purchases are better than random purchases. In my opinion, this is a rather significant “bend of probability”. Of course, the period is statistically small enough for clear conclusions. The cryptocurrency market is quite young and we have to work with the data that managed to form over the period.

What is the main conclusion I do for myself? The minting of new stable coins has an impact on the market on the day of the emission. Apparently, the redistribution of new crypto-dollars occurs fairly quickly. If we use the crypto-dollar emission parameter in trading strategies, then we need to receive data on new transactions instantly. For these purposes, soon we plan to launch a Telegram bot for alerts. For example, there will be alerts if a new Tether has been minted for more than $ 5 million. Also in the plans of the API, so that the data on the issue could fall into the algorithmic trading bots, where this indicator will be one of the parameters of the trading robot.

In my research I used data from:  https://cryptodollarcap.com/changes

Google table with data and calculations: https://docs.google.com/spreadsheets/d/1XnWt1Lm2IUCJWB5eshzSTOA389mzlr6DD18GQRttQQs/edit?usp=sharing

My Telegram: https://t.me/cryptovedinvest

Влияет ли эмиссия новых стейбл коинов на криптовалютный рынок? Интуитивно кажется, что влияние должно быть. Создаются новые USDt или другие монеты, перенаправляются на биржи и закупается BTC или альткоины. Проверим нашу гипотезу на данных.

Использую сервис для поиска дней с эмиссией криптодолларов выше 30 миллионов за сутки.

Например, на скриншоте оказалось два таких дня: https://www.dropbox.com/s/3e31w6bi6s940uf/CryptoDollarCap.png?dl=0


Я исследовал период с начала 2018 года и по 17.06.2019 года. Всего получилось 27 дней с высокой “чистой” эмиссией (количество созданных монет минус количество сожженных монет).

Дальше проверяем динамику цен BTC: в день эмиссии, на следующий день, через 3 дня, 5 дней и 10 дней.

Результаты получились такими:
В 62.96% случаев в день такой эмиссии на рынке был рост.
В 48.15% случаев в последующий день на рынке был рост.
В 46.15% случаев в последующие 3 дня на рынке был рост.
В 38.46% случаев в последующие 5 дней на рынке был рост.
В 40% случаев в последующие 10 дней на рынке был рост.

Теперь давайте посмотрим, какими показателями характеризуется весь рассматриваемый период:
В 52.53% случаев день закрывался ростом.
В 50.84% случаев 3 дня закрывались ростом.
В 50.09% случаев 5 дней закрывались ростом.
В 50.09% случаев 10 дней закрывались ростом.

Как мы видим, на “среднесрочные” (следующий день и последующие 3/5/10 дней) результаты эмиссия крипто-долларов оказывает, скорее, отрицательное влияние. Например, в 48.15% случаев в день после эмиссии у нас случается рост, когда на рынке в 52.53% случаев день закрылся ростом. То же самое наблюдается и в более длинные интервалы времени.

Интересная ситуация наблюдается только в сам день эмиссии. Практически в 63% случаев в такой день на рынке происходит рост. Этот показатель больше статистических 52.53%.

Исследуемый период по большей части является медвежьим на рынке. Если бы мы закупились BTC в начале 2018 года, а продали бы 17.06.2019 года, то потерпели бы убыток в размере -32.7%. Эмиссионные дни дают прирост в абсолютном выражении +9.15%, то есть если бы мы закупались BTC только в эти дни, то у нас прибыль составила бы порядка +10% против убытка рынка в -32%.

Я решил пойти дальше и проверить, является ли данное событие случайностью или же есть всё же какая-то закономерность. Из набора данных с 1.01. 2018 года по 17.06.2019 года сгенерировал 500 случайных наборов по 27 дней и посмотрел на процентные результаты этих данных. Такая генерация моделирует случайные покупки 27 раз за исследуемый период (моделирование происходит 500 раз). У меня получилось, что в 32% исходах случайная покупка оказалась лучше “эмиссионного результата” в +9.15%. Соответственно, в 68% случаев эмиссионные закупки лучше случайных закупок. На мой взгляд, это является достаточно значимым “перегибом вероятности”. Конечно, статистически период достаточно мал для явных выводов. Рынок криптовалют достаточно молодой и приходится работать с теми данными, которые успели сформироваться за период.

Какой основной вывод делаю для себя? Эмиссия новых стейбл коинов оказывает влияние на рынок в день эмиссии. Видимо, перераспределение новых крипто-долларов происходит достаточно быстро. Если и применять параметр эмиссии крипто-долларов в торговых стратегиях, то данные о новых транзакциях надо получать моментально. Для этих целей в скором времени мы планируем запустить Telegram-бота для оповещений. Например, будут приходить оповещения, если произошла эмиссия новых Tether на сумму свыше 5 миллионов долларов. Также в планах API, чтобы данные об эмиссии могли попадать в алгоритмические торговые боты, где этот показатель будет одним из параметров торгового робота.

В процессе исследования использовались данные с CryptoDollarCap:
https://cryptodollarcap.com/changes
Google-таблица с данными и расчетами:
https://docs.google.com/spreadsheets/d/1XnWt1Lm2IUCJWB5eshzSTOA389mzlr6DD18GQRttQQs/edit?usp=sharing
Мой канал в Telegram @cryptoved https://t.me/cryptoved

We added most popular now. It's our first version of site. New stable coins will be added soon.

At the end of 2018, I had an idea of  “simple one-page website” for stable coin analysis. The idea has grown into something more. We made a stable coin (so far only dollars) scanner!
The main issuers are connected: Tether (Omni, Ethereum and Tron blockchain are scanned), USD Coin, TrueUSD, Paxos, DAI, Gemini, Stable USD, Synth sUSD.
In the current implementation:
Homepage: https://cryptodollarcap.com
🔸 The concept of “CryptoDollar Dominance” has been introduced and this indicator is tracked;
🔸 The tabular form shows the share of each issuer of the stable coin, trading volumes, capitalization, turnover and supply change in the number of crypto dollars;
🔸 On the charts you can see in dynamics the number of crypto-dollars of each issuer, as well as its share relative to all crypto-dollars.
Daily changes: https://cryptodollarcap.com/changes
🔸 You can see how many stable coins were minted and burned in the last 24 hours and for each day separately, taking into account the number of transactions in the blockchain. You can also filter issuers and dates;
🔸 In the form of a graph, the dynamics of Stable Coins by a specific issuer for the period selected by the user is displayed.
Transaction page: https://cryptodollarcap.com/transactions
🔸 Each issue and burning of stable Coins is accompanied by a transaction that can be checked in the blockchain;
🔸 Filter by dates and issuers. The table shows the date of the transaction, the issuer, the number of crypto dollars burned or created, the current number of crypto dollars from the issuer. Each transaction has a link.


The service can be used for analytical purposes and during making trading decisions. For example, a trading robot, when receiving data on the issue of $ 20 million, may make a speculative decision on the purchase of top cryptocurrencies. For these purposes, we plan to implement an API for bots + Telegram-bot for traders.


The service logic was thought out in tandem with Gromov Yevgeny. Also he made all the technical implementation of the project. Designer and frontend developer were attracted to outsourse.

Looking forward to receiving feedback. Also we consider options for cooperation.

Спасибо за обратную связь.
Это наша первая версия сайта. Совершенствовать будем постепенно, если придумаем, как это окупить хотя бы. Пока делаем на энтузиазме.

Можете обсудить со мной - да. @cryptoved1 - Telegram.

В конце 2018 года возникла идея сделать “простенький сайт из одной страницы” по стейбл коинам. Идея переросла в нечто большее. Сделали сканер по крипто-долларам!

Подключены основные эмитенты: Tether (сканируется блокчейн Omni, Ethereum и Tron), USD Coin, TrueUSD, Paxos, DAI, Gemini, Stable USD, Synth sUSD.

В текущей реализации:

Главная страница: https://cryptodollarcap.com 

🔸 Введено понятие “CryptoDollar Dominance” и отслеживается данный показатель;

🔸 В табличном виде показана доля каждого эмитента стейбл коина, объемы торгов, капитализация, показатель оборачиваемости и чистое изменение количества крипто-долларов;

🔸 На графиках можно в динамике увидеть количество крипто-долларов каждого эмитента, а также его долю относительно всех крипто-долларов.

Страница суточных изменений: https://cryptodollarcap.com/changes

🔸 Можно посмотреть, какое количество стейбл коинов было создано и сожжено за последние 24 часа и за каждый день по отдельности, учитывается число транзакций в блокчейне. Также можно фильтровать эмитентов и даты;

🔸 В виде графика отображается динамика стейбл-коинов по определенному эмитенту за выбранный пользователем период.

Страница с транзакциями: https://cryptodollarcap.com/transactions

🔸 Каждая эмиссия и сожжение стейбл коинов сопровождается транзакцией, которую можно проверить в блокчейне;

🔸 Работает фильтр по датам и эмитентам. В табличном виде отображается дата транзакции, эмитент, количество уничтоженных или созданных крипто-долларов, текущее количество крипто-долларов у эмитента, есть ссылка на транзакцию.

Сервис можно использовать в аналитических целях и при принятии торговых решений. Например, торговый робот при получении данных об эмиссии 20 миллионов долларов может принять спекулятивное решение о покупке топовых криптовалют. Для этих целей планируем реализовать API для ботов + Telegram-бот для трейдеров.

Логику сервиса продумывали в тандеме с Громовым Евгением (https://stk.team/), на нём же вся техническая реализация проекта. На аутсорс привлекали дизайнера и верстальщика.

Будем рады получению обратной связи! Особенно интересно, как можно было бы монетизировать проект.
Также рассматриваем переезд на новый домен, который уже будет связан со всеми стейбл коинами и на сервисе будут токенизированные евро, фунты и другие стабильные валюты.

Proof of authentication
Bitcointalk Username: cryptoved
Telegram Username: @holochainer
Twitter Username: @ButerinKitten
Linkedin Profile Link: https://www.linkedin.com/in/bafdeveloper/

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По сколько скидываемся? 
В apple уже занервничали после обнаружения этой ветки))

Посмотрите вот этот список: http://www.finvavilon.ru/dengidlyabiznesa/
Более 20 сайтов для поиска инвестиций

Сейчас некоторые ICO идут по White List'ам. Хотелось бы в таблице как-то видеть не просто ICO этой недели, но и те ICO, в которых нужно зарегистрироваться для участия.
Иначе потом я просто не смогу инвестировать без предварительной регистрации.

It is interesting project. I believe in it!

Do you want to invest in Pre-ICO projects with private conditions? Then fill this form: https://[Suspicious link removed]/o5xggo

What bonus do you give to Pre-ICO investors?

Will ypu have Pre-ICO?

I have added your project to my channel of Pre-ICO: https://t.me/preicoved/47