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Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN][ICO] SMART VALOR - A revolution in global investment
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on: January 07, 2020, 03:08:36 PM
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EOS is the eighth offering to appear on SMART VALOR’s trading platform. This listing gives SMART VALOR users access to the seventh-largest cryptocurrency by market cap, which totals nearly $2.25 billion and sees daily trading volumes of roughly $2 billion. EOS is the native token of EOSIO, an open-source blockchain protocol. EOSIO is based on a white paper published in May 2017 and released in June 2018, with major development credit going to developer block.one. EOS garnered $4 billion in its extended ICO — still the largest ICO in history, with more than double the next-largest, that for Telegram’s currently stalled TON token. EOSIO aims to expand its share of the market thanks in large part to its transaction speed, which makes it attractive to applications that look to avoid Ethereum’s issues with overcrowding. Moreover, EOSIO’s network allows for feeless transactions. Rather than charging a fee, it finances operations by gradual inflation of the EOS token. Relying on proof-of-stake for its validation, EOSIO depends on substantially less hardware power and, consequently, has a far smaller environmental footprint than proof-of-work cryptocurrencies like Bitcoin. For this reason, proof-of-stake is a mechanism that has been growing in popularity for years, with Ethereum looking to transition from proof-of-work in coming updates. SMART VALOR is pleased to present our users with the chance to own and trade a part of an exciting network in the form of the EOS token ! EOS Announcement👉 http://bit.ly/2tG86pTTrade EOS👉 http://bit.ly/2QrOtvbJoin our Chat👉 https://lnkd.in/dyyaWSe
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Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN][ICO] SMART VALOR - A revolution in global investment
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on: October 30, 2019, 09:04:25 PM
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In the time of negative interest rates, staking of crypto assets with annual return rate of 6-30% has become one of the best kept secrets in the blockchain industry. To share this opportunity, SMART VALOR is launching today a fully-integrated, compliant and secure #staking-as-a-service. With this we are becoming the first European digital asset exchange to offer staking-as-a-service, passing to our users up to 100% of the rewards generated through staking. The first two coins on offer: VALOR and Dash. Want to know more? Read all you need to know here: http://bit.ly/2PClwwb
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Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN][ICO] SMART VALOR - A revolution in global investment
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on: October 22, 2019, 04:11:46 PM
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Saw this official disclaimer and would like the team's response on it. I went through prior conversations here and couldn't find it being addressed: "The Financial Market Authority Liechtenstein (FMA) points out that Smart Valor AG, Vaduz, registration number FL-0002.596.088-9, has not been licensed by the FMA. Smart Valor AG is not authorized to provide financial services subject to licensing in and from Liechtenstein.
Especially, Smart Valor AG is not a “Licensed Exchange”, as stated on the website https://smartvalor[dot]com/en/valor-platform.
The FMA urgently advises to only do business subject to authorisation with financial firms that are authorised by the FMA or other national authorities. Please find all information regarding regulated entities in Liechtenstein in the public register of licensees on the FMA website."Taken from Financial Market Authority Liechtenstein (FMA)As you may have read, FMA (Finanzmarktaufsicht Liechtenstein) published a warning regarding Smart Valor AG (Liechtenstein). In this regard, we would like to provide clarification around Smart Valors’s current regulatory setup: Smart Valor AG (Switzerland) is permitted to act as financial intermediary based on its membership with VQF, Financial Services Standards Association, a Swiss Self-Regulatory Organization – SRO member search Smart Valor Smart Valor AG (Liechtenstein) is operating as a currency exchange for FIAT/Crypto and Crypto/Crypto limited to payment and utility tokens. FMA has been notified of the launch of operating a currency exchange according to the Liechtenstein Due Diligence Act in early August 2019 following preceding discussions about the targeted business model with FMA. In its current setup Smart Valor is not providing any services related to security tokens to which the warning was related. Services related to security tokens will only be offered after the necessary regulatory approvals/authorizations have been obtained. Smart Valor is in contact with FMA and immediately updated its website. Herewith I am sending you the official statement of the company ( https://news.smartvalor.com/regulatory-setup-of-smart-valor-in-liechtenstein/) Thanks for the response. I have two follow-ups though - one's an observation and the other question. 1. Observation: The official statement says "deleting the word “licensed” and the jurisdictions in which it is currently planning to receive authorization". However, these were not the only words deleted. The word "first" also vanished. Could you give an insight into why? 2. Any ETA on the actionable from this "SMART VALOR will publish a further update within the next days in order to provide further transparency" We deleted the worlds first as this is something which we want to achieve but in the end cannot guarantee. In order to avoid any further issues with the FMA we decided to be super conservative and delete everything which could potentially be challenged. However we still plan to be the first and are working on it. Concerning the second point. We already did a statement which you see in the link above. What I wanted to say is that as soon as we have more news from FMA we will update you as soon as possible.
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