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1  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN][ENC] Evol Network | Affiliate Marketing Plateform | Pre Sale Start on: October 07, 2021, 09:39:19 AM
So you're saying that there is no added benefits of purchasing the EVOL and thus getting themselves into the tiered plan, other than the very basic principle of crypto trading itself where they buy at a low price and reap a benefit in the future when the price per token rises?

Allow me to quote your litepaper
(snipped)

There are added benefits of higher ranks in the tiered plan, but they do not carry over to affiliate marketing and therefore creating an equal playing field for all parties involved. Members with a higher tier get better ROI. If you re-read the source you have provided, it establishes the benefits received in a very concise manner. There are other resources on our website that better explain the benefits of the tiered plan.

Maybe I am careless in looking for the info, but where's this details of tiered plan on your website, again? Maybe you can give a link?

And, forgive me for skipping this part, I almost forgot to talk about this, by "experienced affiliates and marketers", you're referring to those... youtube vloggers and instagram influencers? Or were you referring to the term I used, the professional marketers as in the google ads (who helps discoverability on google search) or maybe like Iris?

The details for the plan can be found at the bottom of the page when purchasing EVOL at https://evolnetwork.com/buy_evol_coin/
Anybody can become an affiliate, regardless of whether they are YouTube vloggers, Instagram influencers, or professional marketers. If they wish to participate in the network, they can. Evol Network does not restrict who can join and therefore any of them can participate.
2  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN][ENC] Evol Network | Affiliate Marketing Plateform | Pre Sale Start on: October 05, 2021, 11:53:03 AM
Wouldn't the tiered plan be counterproductive and unfair? Unfair because they who pay more will have chance to earn more than those who work hard on marketing a product. And counterproductive for the same reason; those who pay more will earn more, thus they don't need to put much efforts on doing their job (i.e. marketing), which could leads to a situation where the hiring company didn't get as good marketing results as if all of the marketers work really hard due to the lack of those "cheat codes" that'll double their reward. I think I'll walk and cleared this discussion before moving to the topic of the hiring-company.

All participants are provided the opportunity to purchase EVOL, and whether they chose to or not, does not influence how much they will earn during marketing. Regardless of a participant’s tier they will not receive extra benefits in marketing and therefore have to do the same amount of work as affiliates who are not part of the tiered plan, however they will be earning more in later stages as values rise, because more EVOL at a cheaper price means better ROI. Affiliate marketing is highly competitive and therefore companies will have a lot of options to chose from. This variation of affiliates will also bring in more businesses.

So you're saying that there is no added benefits of purchasing the EVOL and thus getting themselves into the tiered plan, other than the very basic principle of crypto trading itself where they buy at a low price and reap a benefit in the future when the price per token rises?

Allow me to quote your litepaper


There are added benefits of higher ranks in the tiered plan, but they do not carry over to affiliate marketing and therefore creating an equal playing field for all parties involved. Members with a higher tier get better ROI. If you re-read the source you have provided, it establishes the benefits received in a very concise manner. There are other resources on our website that better explain the benefits of the tiered plan.
3  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN][ENC] Evol Network | Affiliate Marketing Plateform | Pre Sale Start on: October 04, 2021, 01:28:21 PM
But by buying your tiered plan (the silver, gold, etc.) they'll get certain benefits for certain duration from the member they're referring to? Which, the other member wil also gain certain benefit from other member if they buy some plan. Let's shift the issue to other matter, what would make companies to hire your service as their marketing tool (with your members to be very likely has no background in marketing), while there are options of professional marketers out there?

The tiered plan allows users to receive benefits such as lower prices when purchasing EVOL and bonus coins. The higher the tiered plan, the greater the rewards/benefits. As for what will entice companies to use this platform, is the community, everyone can join and participate as an affiliate, as the community grows it will not only bring in experienced marketers but also provide a greater range in target markets for the business. The participating companies will be able to see affiliate history, conversion rates, targeted market, and more in order to determine whether that affiliate is the best fit for their company. In conclusion, it is an open community-based affiliate marketing platform that anybody can join (including experienced affiliates and marketers) and it is ultimately the company’s decision who they want working for them.

Wouldn't the tiered plan be counterproductive and unfair? Unfair because they who pay more will have chance to earn more than those who work hard on marketing a product. And counterproductive for the same reason; those who pay more will earn more, thus they don't need to put much efforts on doing their job (i.e. marketing), which could leads to a situation where the hiring company didn't get as good marketing results as if all of the marketers work really hard due to the lack of those "cheat codes" that'll double their reward. I think I'll walk and cleared this discussion before moving to the topic of the hiring-company.

All participants are provided the opportunity to purchase EVOL, and whether they chose to or not, does not influence how much they will earn during marketing. Regardless of a participant’s tier they will not receive extra benefits in marketing and therefore have to do the same amount of work as affiliates who are not part of the tiered plan, however they will be earning more in later stages as values rise, because more EVOL at a cheaper price means better ROI. Affiliate marketing is highly competitive and therefore companies will have a lot of options to chose from. This variation of affiliates will also bring in more businesses.
4  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN][ENC] Evol Network | Affiliate Marketing Plateform | Pre Sale Start on: October 01, 2021, 07:35:21 AM
Why Choose Evol Network?

The Evol Network is being launched with the sole intention of being available, valuable, and useful to everybody.

EVOL is an ERC – 20 utility tokens designed to function in a blockchain ecosystem that provides an Affiliate Network which advertises a product or a service offering a cryptocurrency reward for promoters who successfully refer a converted user.

In other, simpler words, your products is a multileveled marketing of your token? How is this useful and valuable (the sole intention of your project, as reflected on paragraph 1 above)?

Affiliate marketing is the concept on which Evol Network is based, unlike MLMs, we allow participants to determine which products they wish to sell. The participant decides how they promote the products they have chosen to promote whereas in Multi-level marketing participants sell products or services from person to person. And most significantly there is no joining cost which is a major difference and each sale makes the participant money, therefore giving the individual the freedom to leave whenever they please.

Evol Network’s aim is to provide for affiliate marketing of products and services provided by other businesses through an affiliate who is anybody with a substantial social presence and willingness to promote these businesses in return for a cryptocurrency payment. Both bodies will be able to maintain direct contact to mitigate issues that may arise and will follow a concise smart contract agreed upon by both parties to eliminate disputes.

Like other currencies, EVOL gains its value through community involvement and its usefulness is a result of the services that can be used on the Evol Network.
For more information we encourage you to visit, https://evolnetwork.com/ .

For further queries respond to this message and the Evol Team will be in contact as soon as possible.

We look forward to hearing from you!

But by buying your tiered plan (the silver, gold, etc.) they'll get certain benefits for certain duration from the member they're referring to? Which, the other member wil also gain certain benefit from other member if they buy some plan. Let's shift the issue to other matter, what would make companies to hire your service as their marketing tool (with your members to be very likely has no background in marketing), while there are options of professional marketers out there?

The tiered plan allows users to receive benefits such as lower prices when purchasing EVOL and bonus coins. The higher the tiered plan, the greater the rewards/benefits. As for what will entice companies to use this platform, is the community, everyone can join and participate as an affiliate, as the community grows it will not only bring in experienced marketers but also provide a greater range in target markets for the business. The participating companies will be able to see affiliate history, conversion rates, targeted market, and more in order to determine whether that affiliate is the best fit for their company. In conclusion, it is an open community-based affiliate marketing platform that anybody can join (including experienced affiliates and marketers) and it is ultimately the company’s decision who they want working for them.
5  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN][ENC] Evol Network | Affiliate Marketing Plateform | Pre Sale Start on: September 29, 2021, 09:45:05 AM
Why Choose Evol Network?

The Evol Network is being launched with the sole intention of being available, valuable, and useful to everybody.

EVOL is an ERC – 20 utility tokens designed to function in a blockchain ecosystem that provides an Affiliate Network which advertises a product or a service offering a cryptocurrency reward for promoters who successfully refer a converted user.

In other, simpler words, your products is a multileveled marketing of your token? How is this useful and valuable (the sole intention of your project, as reflected on paragraph 1 above)?

Affiliate marketing is the concept on which Evol Network is based, unlike MLMs, we allow participants to determine which products they wish to sell. The participant decides how they promote the products they have chosen to promote whereas in Multi-level marketing participants sell products or services from person to person. And most significantly there is no joining cost which is a major difference and each sale makes the participant money, therefore giving the individual the freedom to leave whenever they please.

Evol Network’s aim is to provide for affiliate marketing of products and services provided by other businesses through an affiliate who is anybody with a substantial social presence and willingness to promote these businesses in return for a cryptocurrency payment. Both bodies will be able to maintain direct contact to mitigate issues that may arise and will follow a concise smart contract agreed upon by both parties to eliminate disputes.

Like other currencies, EVOL gains its value through community involvement and its usefulness is a result of the services that can be used on the Evol Network.
For more information we encourage you to visit, https://evolnetwork.com/ .

For further queries respond to this message and the Evol Team will be in contact as soon as possible.

We look forward to hearing from you!
6  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN][ENC] Evol Network | Affiliate Marketing Plateform | Pre Sale Start on: September 29, 2021, 09:35:46 AM
What's Evol token address?



0x5149481a60b57f48a7a97dedc5a28615add8b81f

7  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN][ENC] Evol Network | Affiliate Marketing Plateform | Pre Sale Start on: September 29, 2021, 09:13:22 AM
Your litepaper link is missing, you should fixed it up, or does it not exist yet?
What's the token pre-sale price? why didn't show it to the public?
Are there more information about your token? how long the token reserve for the founders will be locked? How much from the funds for your liquidity in Uniswap later?

We appreciate your concern and thanks for suggestion, we do agree we should provide more info for EVOL Network. We have provided Litepaper on website. Evol network is an affiliate marketing platform. It is an Australian based registered company with intentions to perdure.

You can visit https://evolnetwork.com/ or go directly to our whitepaper https://evolnetwork.com/static/documents/whitepaper.pdf for further details. Thanks again.
8  Alternate cryptocurrencies / Announcements (Altcoins) / Re: An Initial Coin Offering (ICO) on: September 29, 2021, 09:03:37 AM
You need to go into more detail about this project. Also include links for websites that contain information and also documents such as whitepapers, lightpapers, litepaper. This will make it easier for us to understand your project. But from what I'm reading it's like MLM.

We appreciate your concern and thanks for suggestion, we do agree we should provide more info for EVOL Network. We have provided Litepaper on website. Evol network is an affiliate marketing platform, not a MLM scheme. It is an Australian based registered company with intentions to perdure.

You can visit https://evolnetwork.com/ or go directly to our whitepaper https://evolnetwork.com/static/documents/whitepaper.pdf for further details. Thanks again.
9  Alternate cryptocurrencies / Announcements (Altcoins) / Re: An Initial Coin Offering (ICO) on: September 29, 2021, 08:34:38 AM
So EVOL is a MLM, also known as a pyramid/ponzi.

These are a dime a dozen in crypto space, and always a waste of money for any investors who come any time other than the presale.
Thanks, but no thanks

Yeah why project owners still use this kind of scam nowdays, this kind of ponzi is already old in crypto. Everything has been revealed since 2017-2018 when so many people got trapped into this kind of projects because it's still new those days and also there are many people got profits from their "feet" and looks very promising those days.
I think people right now are no longer interested to join.
Skip, next.

Evol network is an affiliate marketing platform, not a Ponzi/MLM scheme. It is an Australian based registered company with intentions to perdure.

If you have further queries you can visit https://evolnetwork.com/ or go directly to our whitepaper https://evolnetwork.com/static/documents/whitepaper.pdf

For further queries please respond to this message and the Evol Team will be in contact as soon as possible.
10  Alternate cryptocurrencies / Announcements (Altcoins) / Re: An Initial Coin Offering (ICO) on: September 29, 2021, 08:26:18 AM
Is this about ICO or MLM? Quiet confusing and a waste of time reading the whole context. There are few developers still into ICO but that is not the trend anymore so for me, they are old and not worth it anymore better to adopt the new trend and easily raised funds.

The article is an explanation to encourage interaction and provide a deeper understanding to potential users, as for the shortage of developers invested in ICOs, it is possible for an ICO to achieve less success than initially planned or to fail entirely when they have no product/service to provide to users and therefore lack user interaction with their cryptocurrency.

You can visit our whitepaper for information and we hope this clarifies your concerns. You can find this on https://evolnetwork.com/static/documents/whitepaper.pdf

For further queries please respond to this message and the Evol Team will be in contact as soon as possible.
11  Alternate cryptocurrencies / Announcements (Altcoins) / Re: An Initial Coin Offering (ICO) on: September 29, 2021, 08:14:53 AM
you wrote so much about ICO when your main goal was to talk about this MLM project, honestly is there anyone who still believes in ICOS? is there anyone who still falls for these MLM scams that in past years have made many victims fall from disgrace?

Evol Network is an affiliate marketing platform, there are several key differences that distinguish this method from an MLM. The most significant one being that we charge no money for participation, however, others would include the freedom of individuals to decide what they promote and how they do so.

ICOs most commonly fail when they have nothing to bring to the table, this is where they have raised funds without a product/service or users. The service we provide is affiliate marketing of products and services provided by other businesses through an affiliate who is anybody with a substantial social presence and willingness to promote these businesses in return for a cryptocurrency payment. Both bodies will be able to maintain direct contact to mitigate issues that may arise and will follow a concise smart contract agreed upon by both parties to eliminate disputes. The users will increase through communal involvement.

You can visit our whitepaper for information on our goals and purposes and we hope this clarifies your concerns. You can find this on https://evolnetwork.com/static/documents/whitepaper.pdf

For further queries please respond to this message and the Evol Team will be in contact as soon as possible.

We look forward to hearing from you!
12  Alternate cryptocurrencies / Announcements (Altcoins) / Re: An Initial Coin Offering (ICO) on: September 29, 2021, 08:00:32 AM
So EVOL is a MLM, also known as a pyramid/ponzi.

These are a dime a dozen in crypto space, and always a waste of money for any investors who come any time other than the presale.
Thanks, but no thanks

I wouldn't touch those kinda platforms even with a ten foot pole. I don't know of any ponzi/MLM scheme that has stood the test of time. They all get closed or shutdown eventually that's one of the reasons this EVOL project doesn't interest me. Also, they are doing an ICO which is so cliche. It's not even an IDO that would add an extra layer of decentralization.

Evol network is an affiliate marketing platform, not a Ponzi/MLM scheme. It is an Australian based registered company with intentions to perdure.

If you have further queries you can visit https://evolnetwork.com/ or go directly to our whitepaper https://evolnetwork.com/static/documents/whitepaper.pdf

For further queries please respond to this message and the Evol Team will be in contact as soon as possible.
13  Alternate cryptocurrencies / Announcements (Altcoins) / Re: An Initial Coin Offering (ICO) on: September 29, 2021, 07:31:49 AM
So EVOL is a MLM, also known as a pyramid/ponzi.

These are a dime a dozen in crypto space, and always a waste of money for any investors who come any time other than the presale.
Thanks, but no thanks

Affiliate marketing is the concept on which Evol Network is based, unlike MLMs, we allow participants to determine which products they wish to sell. The participant decides how they promote the products they have chosen to promote whereas in Multi-level marketing participants sell products or services from person to person. And most significantly there is no joining cost which is a major difference and each sale makes the participant money, therefore giving the individual the freedom to leave whenever they please.

You can visit our whitepaper for information on our goals and purposes and we hope this clarifies your concerns. You can find this on https://evolnetwork.com/static/documents/whitepaper.pdf

For further queries please respond to this message and the Evol Team will be in contact as soon as possible.

We look forward to hearing from you!
14  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN][ENC] Evol Network | Affiliate Marketing Plateform | Pre Sale Start on: September 28, 2021, 12:55:03 PM
I found there is a bounty page https://evolnetwork.com/bounty/
If this is part of your twitter campaign, then this is a very unattractive way. A tweet from accounts that are match like dummies, will have no effect, it will even make things worse.
https://twitter.com/Vaishal28610551/status/1441030432607272961
https://twitter.com/JaamRoy/status/1441018429440364549
https://twitter.com/RohitBhK10/status/1441023192127008781

Thank you very much for sharing tweet links. We investigated the provided links, and it seems these users do not belong to us.   Also, all on-chain transactions will be available on https://etherscan.io/token/0x5149481a60b57f48a7a97dedc5a28615add8b81f.  There are off-chain transactions that are currently only available to specific users.
All off-chain transactions will be publicly available in the coming months.
All detailed program information will be available at
https://evolnetwork.com/bounty_program/ for all our official bounty programs. 
15  Alternate cryptocurrencies / Altcoin Discussion / Cryptocurrency is Reliable & Safe on: September 27, 2021, 01:16:00 PM


Technology has caused a radical change in communicating, working, shopping, and paying for things in the last several years. Due to the Digital India initiative by the Government of India, digital payments or transactions have become more prominent than ever. People are now well-acquainted with popular and trustworthy payment methods such as debit and credit cards, bank transfers or even Apple Pay for quite some time. The latest entrant on the scene is "Cryptocurrency". It is quite a promising and one-of-a-kind addition to the whole digital transaction experience.

What is Cryptocurrency?

Cryptocurrency is a virtual or online currency used for buying and selling goods and services. Cryptography provides for its security. It isn't dependent on banks for the verification of transactions. Instead, it keeps a public ledger of transactions in the form of immutable blocks on the blockchain. The word "cryptocurrency" derives from the different encryption techniques widely used to secure all transactions. The aim of cryptography, as a method of encryption, is to give security and safety.

Blockchain is behind the technology that enables it to happen. It is a decentralised network that maintains records and manages transactions through connections with multiple computers. Bitcoin is the most traded cryptocurrency. It is considered a trendsetter, which has become a significant driver of interest for investors.

Why Cryptocurrency?

Ether and Bitcoin have established a supersized prominence in the crypto world. Recently, some other notable cryptocurrencies have been on the rise too. These include Cardano, EVOL Coin, Litecoin and Polkadot, among the many more cryptocurrencies available today. Today, several businesses have started accepting cryptocurrencies as a possible method of payment. The recent increase in the value of bitcoin has shown cryptocurrency to be a viable and promising investment option. That is due to the varied benefits of cryptocurrencies. These include individual ownership, global access, quality speed, security & autonomy, enhanced adaptability, protection from inflation & fraud, and affordable transaction cost.



Is cryptocurrency a reliable & safe investment?

While it is essential to recognise that no investment is genuinely safe, cryptocurrencies carry a certain amount of risk. But they have also proved to be a lucrative investment for many people today. Investing in cryptocurrencies isn't as complicated as stocks. Here, there are many stocks available to confuse us daily. So, cryptocurrencies could be a safe option. However, without taking proper safety measures, they can be hacked as well. There are probable uncertainties and risks associated with investments. We can't consider any virtual currency investment unsafe.

Trading in cryptocurrency need not always be risky. The investor needs to know the market thoroughly and manage it with care. As of today, there are various options in cryptocurrency available to us. However, all of them aren't safe. Before investing hard-earned money into cryptocurrency, it is necessary to exercise a certain amount of precaution. It is imperative to conduct detailed & thorough background research about the creator of the coin. Also, it is essential to find out its affiliation with well-known brands or not and if its screening processes are rigorous or traded on safe exchanges.

There will likely be severe consequences if one doesn't apply the best practices to keep cryptocurrency safe from hackers. Cyber-criminals have noticed them due to wide adoption and growing popularity. Several notable cases have occurred in the past several years where cryptocurrency owners have not been able to recover or have lost money. That is the negative aspect that no Government or central bank backs any virtual or digital currency. Therefore, a simple solution to prevent losses due to unauthorised access is to keep the cryptocurrency in an offline device like a 'cold storage' device.

Cold storage is a time tested method to keep cryptocurrency tokens offline. It provides the necessary protection from theft. The most basic way is an external hard drive or a paper wallet to store the key and address required to access the currency. It is important to only access the cryptocurrency and other relevant information during the trading operation. After use, disconnect. It becomes very convenient to use and store cryptocurrencies by ensuring safety and reliability with minimal risks.

Conclusion

Cryptocurrency has caused a radical change in the digital transaction sector. It is all set to be accepted as a convenient payment method. It is accurate to state that cryptocurrency is undoubtedly here to stay, and the future belongs to it. Like any new technology, it has to be underpinned by robust systems and clarity regarding regulation for its security and safety. Once we find out the best methods to protect cryptocurrencies from risks and fraud, it could be a reliable form of investment.

About Us

EVOL NETWORK provides the Ultimate Affiliate Marketing platform based on Blockchain technology. We have designed our platform to serve business needs for marketing products or services efficiently and cost-effectively while ensuring the highest security. We have recently launched EVOL Coin, our Virtual Decentralised Cryptocurrency.
We do consider cryptocurrency to be the future of the digital payments ecosystem. Preventing any unauthorised access or misuse of sensitive information is of paramount importance to us. Our top priority is to safeguard our clients' data. We also encourage our clients to take all precautions from their end. Visit us at www.evolnetwork.com to get ahead of the competition and grow your business.


Follow Us On :

Facebook: www.facebook.com/evolnetworks/

Instagram: www.instagram.com/evolnetwork/

LinkedIn: www.linkedin.com/company/evolnetwork

YouTube: www.youtube.com/channel/UC8kmI9hGBndxwNh3tVwKZvw

Twitter: https://twitter.com/EvolNetwork

Telegram: Group: https://t.me/evolnetworkofficial

Reddit: https://www.reddit.com/r/EvolNetwork
16  Alternate cryptocurrencies / Altcoin Discussion / What Is ERC-20 and What It Means for Ethereum? on: September 23, 2021, 08:06:59 AM


Ethereum is a popular cryptocurrency and blockchain system based on tokens traded, bought, or sold. Launched in 2015, it is now one of the driving forces behind cryptocurrency’s popularity. These tokens represent several digital assets, like IOUs, vouchers, or even physical, real-world items. Essentially, these represent smart contracts making use of the Ethereum blockchain.

What Is ERC-20?

ERC-20 can be called one of the essential Ethereum tokens. These have emerged as the technical standard for token implementation for all smart contracts on the Ethereum blockchain. It gives a list of all rules that every Ethereum-based token has to follow.

ERC-20 is comparable to Litecoin, bitcoin, and other cryptocurrencies in some respects. These are blockchain-based assets that can be sent and received and have value. They get issued on the Ethereum network instead of running on their blockchain.

ERC-20 Defines a Common List of Rules

As of September 2021, there are more than 450,000 ERC-20-compatible tokens on the Ethereum network. The ERC-20 holds crucial importance. All Ethereum tokens must adhere to the standard list of rules. Some of these rules are:

  • The total supply of tokens.
  • How transactions are approved.
  • How to transfer tokens.
  • How users can access token data.

This particular token enables developers to precisely predict how new tokens would function within the Ethereum system. It simplifies the task set forth for developers. They know that, as long as it follows the rules, each new project will not require redone on every occasion that a new token gets released. This compliance is also crucial to ensure compatibility among the various tokens issued on Ethereum.

Most token developers abide by these rules. So, most of the tokens released through Ethereum initial coin offerings are ERC-20 compliant.

Many recognised digital currencies use the ERC-20 standard, such as Basic Attention Token (BAT), Maker (MKR), OmiseGO (OMG) and Augur (REP). If you plan to purchase a digital currency issued as an ERC-20 token, you also need a wallet compatible with these tokens. There are a wide variety of options for wallets as ERC-20 tokens are pretty popular.

ERC-20 lists out 6 Different Functions

ERC-20 describes 6 distinct functions for the benefit of other tokens within the Ethereum system. These are generally fundamental functionality issues, including how tokens get transferred and how users can access data for a particular token.

This set of signals and functions taken together makes sure that all the various types of Ethereum tokens will consistently work at any place in the Ethereum system. Most of the digital wallets which support the ether currency also support ERC-20-compliant tokens. However, bugs will likely need ironing out as the ERC-20 standard is still in the nascent stage.

About Us

EVOL NETWORK, the Ultimate Affiliate Marketing platform, is designed to serve business needs for marketing products or services efficiently and cost-effectively while ensuring the highest security. Recently, we have launched EVOL Coin, a Virtual Decentralized cryptocurrency for our community. It is an ERC — 20 utility token designed to function in the blockchain. Visit https://evolnetwork.com to learn more.

Follow Us On :

Facebook: www.facebook.com/evolnetworks/

Instagram: www.instagram.com/evolnetwork/

LinkedIn: www.linkedin.com/company/evolnetwork

YouTube: www.youtube.com/channel/UC8kmI9hGBndxwNh3tVwKZvw

Twitter: https://twitter.com/EvolNetwork

Telegram: Group: https://t.me/evolnetworkofficial

Reddit: https://www.reddit.com/r/EvolNetwork
17  Alternate cryptocurrencies / Announcements (Altcoins) / An Initial Coin Offering (ICO) on: September 22, 2021, 05:56:25 AM


When a cryptocurrency company raises funds, wishes to create a new coin, service or app, it is called an initial coin offering (ICO). It is the same concept as an initial public offering (IPO).

Investors buy into the offering and get the new token issued by the cryptocurrency company. They may use this token to avail the company’s product or service, or it may just represent a stake in the project or company.

How does the Initial Coin Offering work

When a cryptocurrency startup requires to raise money through ICO, there are the steps it follows:

It starts with creating a whitepaper which provides an outline -

  • What the project is about
  • How much money is needed
  • What type of money will be accepted
  • The need the project will fulfil upon completion
  • How long the campaign will run.
  • The founders will keep how many virtual tokens.

During the ICO campaign, the supporters and enthusiasts of the project purchase some tokens using digital or fiat currency. These coins are known as tokens. It is similar to shares that a company sells to investors during an IPO.

When the money raised does not meet the minimum requirement, it gets returned to the backers. At this point, the ICO is deemed unsuccessful. If the raised funds meet the minimum funding requirements within the specified timeframe, the company could use them to pursue the project’s goals.

Even though ICOs aren’t regulated, The Securities and Exchange Commission (SEC) can intervene. In 2018 and 2019, Telegram raised $1.7 billion in an ICO. As a result of alleged illegal activity by the development team, the SEC obtained a temporary restraining order by filing an emergency action.

In March 2020, Telegram had to pay a civil penalty of $18.5 million and return $1.2 billion to investors after a preliminary injunction by the U.S. District Court (Southern District of New York).

Special Considerations

Investors who wish to purchase ICOs should first familiarise themselves with cryptocurrency. In most cases, investors need to buy tokens with pre-existing cryptocurrencies. So, an ICO investor will require a cryptocurrency wallet set up for a currency like bitcoin or ethereum. It will also have a wallet capable of holding whichever cryptocurrency or token they wish to buy.

The investor would be unsure about the suitability of ICOs to participate. There is no set method to stay updated regarding the latest ICOs. An interested investor could read about new projects online, which can be the best thing to do. ICOs create a substantial amount of hype. Investors have numerous places to gather online to discuss new opportunities. There are multiple places online in which. There are dedicated sites that allow investors to find out about new ICOs, aggregate ICOs and compare various offerings.



Initial Coin Offering (ICO) vs. Initial Public Offering (IPO)

There are several methods for traditional companies to raise funds required for expansion and development. A company could begin on a small scale and expand as per the amount of profit it earns. The company remains accountable only to its owners only. But, it also means a lot of time goes into building up the funds.

On the other hand, companies can take support from outside investors in the early stage. It gives them a good inflow of needed funds. But that also typically comes with the trade-off of giving away a part of the ownership stake. Yet another way is to go public where the funds get collected by selling shares to individual investors through an IPO.

Much like crowdfunding events, ICOs also have to deal with supporters wanting to invest in a new project, while IPOs deal with investors only. However, ICOs also vary from crowdfunding as the funds raised in crowdfunding campaigns are essentially donations, whereas a likely return on their investments influences the backers of ICOs. Hence, ICOs are called “crowd sales” due to these reasons.

ICOs also retain at least two significant structural differences from IPOs. First, ICOs are largely unregulated. That means that government organisations such as the Securities and Exchange Commission (SEC) do not oversee them. Furthermore, due to a lack of regulation and decentralisation, ICOs are much freer in structure than IPOs.

ICOs are structured under different methods. A company places a predetermined limit or goal for funding. So, every token sells at a pre-set price. Also, the total token supply is fixed. In other cases, the number of ICO tokens is static while the funding goal is dynamic. Thus, the funds received determines how the distribution to investors takes place. The more funds are received in the ICO, the higher the final token price.

Other companies could follow with a dynamic token supply. It is determined as per the amount of funding received. In these cases, the price of a token is static. However, there is no limit for the number of total tokens, except for some factors such as ICO length.

Advantages and Disadvantages of Initial Coin Offerings

An investor gets shares of stock in a company in exchange for investing in the IPO. In an ICO, the company raising funds provides the blockchain equivalent, i.e., cryptocurrency tokens. The investor pays in ethereum, bitcoin or any other such popular token. In return, they receive a comparable number of new tokens exchanged.

It is relatively easy for a company to launch an ICO to create tokens. In a matter of seconds, online services can generate cryptocurrency tokens. When weighing the differences between shares and tokens, investors must keep this in mind. The latter does not have any legal guarantee or intrinsic value. ICO managers generate tokens as per the terms of the ICO. Once they receive them, according to the plan, they distribute them by transferring them to individual investors.

The early investor in an ICO is motivated to purchase tokens hoping the plan will work after launch. Once that happens, its value will rise more than the ICO price, resulting in overall gains. The primary benefit of an ICO is the potential for very high returns. Indeed, ICOs have made many investors into millionaires.

When ICOs come into the limelight in the blockchain and cryptocurrency, they have also brought risks, challenges, and unexpected opportunities. Many investors invest in ICOs with the expectations of solid and quick returns on their investments. As the most successful ICOs over the past several years have indeed resulted in tremendous returns. It has been the source of the optimism people have developed in ICOs. However, this enthusiasm can also lead people astray.

As ICOs are still largely unregulated, scamsters and fraudsters keep looking for ways to dupe poorly informed and overzealous investors. When that happens, such investors may never recover the money they had invested lost due to incompetence or fraud as financial authorities, like the SEC, don’t regulate them.

In 2017, the meteoric growth of ICOs attracted backlash from both governmental and non-governmental entities. The People’s Bank of China called ICOs counterproductive to financial and economic stability and officially banned them. It also forbade the usage of tokens as currency. Also, it has prohibited banks from offering services related to ICOs. Prices of both ethereum and bitcoin have tumbled as a result. Many have regarded these events as a sign of more regulations to come on cryptocurrency. This ban has also penalised completed offerings.

In early 2018, Google, Facebook, and Twitter banned ICO advertisements.

When investing in ICOs, there is no guarantee that an investor won’t be on the losing end of a scam. To avoid losing money in ICO scams, investors should:

Be sure that project developers can clearly explain their goals. Successful ICOs typically publish an understandable and straightforward whitepaper with concise and clear goals.

Know the developers. Investors must expect 100% transparency from a company that is launching an ICO.

Read the legal terms and conditions thoroughly set for the ICO. It is up to an investor to make sure the ICO is legitimate as external regulators usually don’t look into it.

Make sure that ICO funds are in an escrow wallet. It is a type of wallet accessed with multiple keys. Especially when a neutral third party holds one of the keys, it becomes helpful in protecting against scams.



Securities and Exchange Commission Introduces the HoweyCoin

As regulations on ICO continued to be relatively obscure and vague, activity started to decrease dramatically in 2019.

To show the dangers of ICOs to small investors, The U.S. Securities and Exchange Commission introduced a fake coin called the HoweyCoin. Named after the Howey Test, the HoweyCoin refers to a test to find out if an investment is a security or not. The Howey Test determines that a transaction is an investment contract when a person invests their money in a joint enterprise and expects profits solely from the efforts of the third party or the promoter.

The SEC has applied to charge Kik, a messaging service, with unlawful sale of a security for raising $100 million in an unregistered ICO. The SEC took action against Telegram. It was another messaging app that had conducted its ICO.

According to the SEC, an ICO is not different from an IPO if the underlying token does not operate separately from an already existing business and raises money for that business.

Example of an Initial Coin Offering

As the ICO space got more prominent, its most significant projects also raised more considerable sums of money. While evaluating ICOs, one can analyse the return on investment and the funds raised in the ICO.

Sometimes ICOs with exceptional returns on investment are not the projects that raised the most considerable amount of money and vice versa. In 2017, Ethereum’s ICO raised $18 million over 42 days and was an early pioneer. It has established its significance for the ICO space due to its innovations related to decentralised apps, i.e., dApps. When ether debuted, its price was at around $0.67. As of Sept. 20, 2021, it trades at $ 3,304.82.

A company named Neo (formerly known as Antshares) started a two-phase ICO in 2015 & 2016. In its first phase that ended in Oct. 2015, and the second, which continued until Sept. 2016, it earned about $4.5 million in total. It has given extraordinary ROI to many early investors even though it isn’t one of the largest ICOs that raised the highest amount of money. At the time of the ICO, its price was around $0.03, while it traded at roughly $187.40 at its peak.

ICOs have more recently generated significantly more significant amounts in terms of total funds raised. Dragon Coin was able to raise about $320 million in its month-long ICO ending in March 2018. Later, the company behind the EOS platform broke Dragon Coin’s record when it collected a whopping $4 billion in its year-long ICO.

About EVOL Network

EVOL NETWORK is the Ultimate Affiliate Marketing platform based on Blockchain technology. We have recently started the BOUNTY Program for EVOL Coin, an ERC-20 token. We have successfully completed the Pre sale stage and now, we have begun our Private Sales Round1 that will continue till 28 October. In the future, we will have our own Blockchain. For more details for our future plans please read our whitepaper and Visit us at www.evolnetwork.com to buy EVOL.

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18  Alternate cryptocurrencies / Announcements (Altcoins) / Why is the usage of Cryptocurrency wallets growing? on: September 21, 2021, 05:40:51 AM


Before long, the concept of hard cash will get antiquated. In this time of digital data and advanced technologies, traditional fiat currency is gradually losing its appeal. Instead, cryptocurrency is gaining more acceptance.

In simple words, cryptocurrency is a virtual digital currency based on blockchain technology. It is a form of exchange at any place in the world and at any time. Bitcoin is the first and most widespread digital cryptocurrency to date.

A cryptocurrency wallet is also called a blockchain wallet. It refers to a digital wallet that stores cryptocurrencies. It also receives and sends digital currency. It includes data of the wallet address, history of the previous transactions, sent and received transactions etc. A crypto wallet is to cryptocurrency that a physical wallet is to fiat money.

How does Blockchain wallet function?

The wallet doesn’t store actual currency as cryptocurrency does not exist in any physical form. Instead, it maintains the transactions carried out. Transactions usually are stored on the blockchain.

Crypto wallets are software programs that process information using a pair of public and private keys. They directly communicate with the blockchain to facilitate users to receive and send cryptocurrency. Users can see their wallet balance and complete other transactions. Also called blockchain wallets, blockchain and cryptocurrency wallets work together to carry out transactions.

Each crypto wallet will have a unique address attached to it, further linked with a private key. The user issues a public key with information on the wallet address to send cryptocurrency to another wallet. The private key of the receiver wallet and the public key issued by the sender’s needs to match to ensure the exchange effectively happens. If there is a match, the transaction gets recorded.

How Blockchain wallet works

The cryptography method of hashing encrypts the private and public keys to a form that machines can understand. It creates an extra layer of security to the present tamper-proof and robust blockchain structure.



Blockchain wallet or cryptocurrency wallet types

Various kinds of wallets are available for use depending upon each user’s requirement.

1. Mobile wallet :

It is the most commonly accepted blockchain wallet. The app can be used

everywhere, like in physical stores, through an application on your mobile device. It saves time and is less complicated and much smaller as compared to desktop wallets. But they are also susceptible to malware damage or mobile viruses. Also, data gets lost when the mobile gets damaged or lost.

2. Desktop wallet :

As its name suggests, you can install this type of crypto wallet on your PC or workstation. The user can access it only from that device. Though this type of wallet assures security, it is also vulnerable to a virus or hacking attack.

3. Web/Online wallet :

It is essentially a web service run online and operated by a third party. However, since it has all your public and private keys, it is the least secure type of crypto wallet.

4. Hardware wallet :

Private and public keys get stored on a USB device. When you need to transfer currencies, you only need to connect to an online interface. But, all transaction records are offline. It is the most secure blockchain wallet.

5. Paper wallet :

You print your private and public keys created by a computer on a piece of paper. To transfer funds whenever you have to make any transactions, you must scan the QR code or enter the key into any software wallet.

Conclusion

The blockchain wallet is a dependable and safe way to exchange cryptocurrencies and gain more popularity in the digital world. From the security viewpoint, there is nothing better than hardware and paper wallets. On the other hand, software wallets need periodic backups and the latest software updates to prevent virus attacks, malware, and hacking.

Software wallets provide an additional layer of protection against potential threats through multi-signature and two-factor authentication methods. Different types of digital currency wallets consider varied kinds of requirements. So pick the right wallet suitable for your needs which is the key to a secure and safe cryptocurrency exchange.

EVOL NETWORK is based on Blockchain technology and has the Ultimate Affiliate Marketing platform. EVOL Network issued EVOL Coin, an ERC-20 token, and in the future, we will have our own Blockchain. We will have our own Utility Token worldwide and will be available soon. Our Utility Token is designed to serve business needs for marketing products or services efficiently and cost-effectively while ensuring the highest security. Evol Network is using secure Wallet facilities, so all customers and vendors can use it to store their coins securely. To grow your business and get ahead of the competition, visit us at www.evolnetwork.com to find out more.

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19  Alternate cryptocurrencies / Announcements (Altcoins) / Google’s Giant Leap Towards Powering Blockchain-Based Web 3 on: September 20, 2021, 08:32:54 AM


Google Cloud announced it has tied up with Dapper Labs, the Canadian startup well known for developing the $680 million NBA Top Shot marketplace, to scale and support Dapper’s Flow blockchain. Search engine leader Google is working to take the leadership position in powering the 3rd generation of the World Wide Web, which is supercharged by blockchain.

During this summer, Dapper users carried out between 500,000 and one million transactions per week. According to the industry data site Dapp Radar, the NFT platform is the fourth largest in sales by volume.

Google Cloud, through the multi-year partnership, will act as a network operator. It will provide its infrastructure to help Flow scale. The Flow network, so far, supports more than 50 applications, including some of the most popular NFT collections, like CryptoKitties and NBA Top Shot. As per Roham Gharegozlou Dapper Labs’ CEO, more than 2,000 developers, through Google’s suite of cloud services, building on Flow will now be able to connect to Flow access nodes at lower latency.

At present, Amazon Web Services powered centralised servers have dominated about a third of the Internet. The World Wide Web’s new blockchain-based implementation will operate on a network of different computers spread across the world. It will range from personal laptops to specialised cryptocurrency mining farms.

This latest move positions Google to brand itself as a developer-friendly alternative. It is going after a chink in Amazon’s armour during the transition phase to what is often called Web 3.0.

According to Janet Kennedy, the vice president of Google Cloud North America, the actual mining cryptocurrency process isn’t allowed on its cloud services. However, based on the energy consumption of different regions, developers will choose which ones will power their platforms.

She says that it is really about helping them with sustainable and rapid growth. Blockchain technology is moving towards becoming mainstream. Companies like Dapper need a scalable, secure infrastructure that supports their networks and grows their business.

Chief executive Roham Gharegozlou says that node operators can freely use any hardware. It can include Amazon Web Services, Google’s nemesis. They have streamlined the process that makes it simpler to integrate with its software for Flow developers.

Gharegozlou says that currently, what is being seen in blockchain today is the iPhone moment where consumers begin to realise what is going on. There are tons of possibilities to build everything from the Flappy Bird to the Angry Bird of Flow and just blockchain in general.



Dapper is doubtless among those quite successful at capitalising on that opportunity. Based out of Vancouver, Canada, the value of the blockchain entertainment company is $7.5 billion. It counts 600,000 wallets on its signature NBA Top Shot platform. It sells “moments,” or short video highlights, put together by the National Basketball Association sold in packs as non-fungible tokens. Bitcoin is “fungible,” as it is interchangeable with any other bitcoin. But as these moments are rare or even unique, they are called “non-fungible”.

The only platforms that outperformed Dapper, according to DappRadar, were Ethereum-based Open Sea, CryptoPunks and Axie Infinity. Since it launched in September 2020, the Top Shot collection smashed multiple NFT sales records and has amassed a sales volume of nearly $700 million.

Following the path of other blockchain projects swelling on the backs of centralised cloud hosts, Dapper Labs, with Google’s help, hopes to scale NBA Top Shot and other NFT lines running on Flow to billions of users. In 2015, Microsoft became the first tech leader in providing cloud-based management and infrastructure as blockchain-as-a-service. Amazon followed in 2019 when it launched its blockchain support.

The reliance on processors owned by one of the largest tech companies in the world might seem ironic as simple laptops once powered the emergence of cryptocurrencies. While the massive centralised cloud offerings integrate themselves with distributed ledgers, their decentralised rivals, which bring together unused computing space on individual computers in exchange for cryptocurrency payments, such as Filecoin, are positioning themselves as the truer backbone of Web 3.0.

However, this Google-Dapper deal is just the latest among the various partnerships the Mountain View, California based company has made recently in the blockchain space. Last year, it became part of the governing council of Hedera Hashgraph, an enterprise-grade distributed ledger network, leading strategic planning for the Hedera network and ensuring its stability. Also, it had launched a suite of tools on its BigQuery data analytics platform in 2019, which had made blockchain data for bitcoin and a few other significant cryptocurrencies fully searchable.

The tech giant has envisioned itself playing a vital role in the Internet’s third era. In its first iteration, Web 1.0, it had all been about static and simplistic websites. Its next stage was also known as Web 2.0. User-generated content and social media dominated this stage. It had opened the opportunity for the emergence of new methods of commerce and communication and decentralised networks.

Kennedy says that they were pretty delighted about Dapper Labs’ work and that Google provided security and infrastructure to them. It was just the very beginning of a new evolution. Now consumers are reimagining their relationship, their ownership of digital assets and digital collectibles.

About Us


Evol Network created EVOL (Crypto) Coin — EVOL coin can also be referred to as token, initially be released as an ERC-20 token on Ethereum Mainnet: EVOL is designed to serve business needs for marketing products or services efficiently and cost-effectively while ensuring the highest security. To grow your business and get ahead of the competition, visit us at www.evolnetwork.com

Follow Us On :

Facebook: www.facebook.com/evolnetworks/

Instagram: www.instagram.com/evolnetwork/

LinkedIn: www.linkedin.com/company/evolnetwork

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Reddit: https://www.reddit.com/user/EvolNetwork
20  Alternate cryptocurrencies / Bounties (Altcoins) / 🔥[Bounty]🔥[EVOL] : Evol Network | Bounty Program | Live Now on: August 26, 2021, 06:13:45 AM


Earn FREE EVOL COIN.

EVOL NETWORK has Launched Its Bounty Program.


In this Bounty Program, you will receive free EVOL COINS.

Followings are the Bounty Details:



Rules For Twitter Bounty Program:

Eligibility Criteria:


Your Twitter profile must be public

You must have a minimum of 50 genuine followers


Rules:

  • Sign up with evolnetwork.com
  • Follow- twitter.com/evolnetwork
  • Like and Retweet any four with #evol #evolnetwork
  • Two tweets/ per week and total 4 tweets for the program.



Rules For Referral Bounty Program:

Rules:


  • Signup for yourself and get EVOL Coins.
  • Add referral Code and get Extra EVOL Coins.
  • Follow us on Twitter (https://twitter.com/EvolNetwork).
  • Follow us on Telegram (https://t.me/evolnetworkofficial).
  • Refer your friend/Relative, ask them to do all the above 4 steps and give them your Referral Code to add in their Signup.

Hurry up! Don’t miss the opportunity of getting Free EVOL COINS.

Social Media Platforms:


        
                     
         


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