ICO Projects and Crypto Platforms News and Info. Make Profitable Trades.

[tokeweed]

Demo Day Recap: 5 Boost VC Bitcoin Startups on the Rise

Reveal

"Coin-first is the new mobile-first."

Such was the opening salvo of Reveal CEO Matt Ivester's enthusiastic introduction to Reveal, a social networking company billed as the first to use its own integrated cryptocurrency, revealcoin, which is an asset on the Stellar network.

The founder of college gossip website JuicyCampus, Ivester had reason to be confident at the event, having already closed the majority of its seed funding from investors including Resolute Ventures and Bitcoin Opportunity Corp.

While light on technical details, the pitch seems telling of the company's strategy to come. Reveal has so far sought to target everyday teenagers outside the bitcoin community while courting unidentified "social media celebrities" to the service.

"We believe that users should share in the value they help create," Ivester said. "We can do things that no other social network can. We can create true community ownership, we can directly incentivize viral growth."

Designed for quick sharing, Reveal allows users to design two-layer messages, the first of which can be peeled away to reveal a picture or drawing. Reveal aims to monetize through a similar strategy as the messaging service GetGems, mandating advertisers on the network pay with revealcoin.

Users can in turn earn revealcoin for promoting the network, interacting with ads or by reading priority messages from other users.

"We can solve spam, access and messaging," Ivester said. "Eventually we can be the way millions of teens are introduced to cryptocurrency."

Reveal is currently operating in beta with an eye to launch this fall.

Complete article here http://www.coindesk.com/boost-vc-tribe-5-demo-day

[tokeweed]

Storj update

DriveShare Test Group B Plan

Dear Storj Supporters,

Test Group B is the first time we will be rewarding DriveShare users for participating in the Storj network. Test Group A got us usable data on network latency, disconnects, uptime, and other factors. In this test group we will be specifically testing out reward mechanisms, and expanding the storage capacity of the network as a whole.

Full blog here http://blog.storj.io/post/118706366258/driveshare-test-group-b-plan

Join the community here https://storjtalk.org

[tokeweed]

SendChat Crowdfunding Campaign Goes Live on BlockTrust

Social messaging applications are playing an ever-increasing role in our daily lives, as we want to be in contact with the rest of the world at any given time. Most everyday consumers have a few different messaging apps on their devices. This growing prevalence of social messaging could be beneficial for Bitcoin adoption. SendChat wants to capitalize on this potential, and has launched a crowdfunding campaign to make its app available for both iOS and Android users.

Complete article here http://insidebitcoins.com/news/sendchat-crowdfunding-campaign-goes-live-on-blocktrust/32518

http://sendchat.org

[tokeweed]

Ok.  I'll post all whitepapers in the OP if I'm not lazy...

[nextgencoin]

Demo Day Recap: 5 Boost VC Bitcoin Startups on the Rise

Reveal

"Coin-first is the new mobile-first."

Such was the opening salvo of Reveal CEO Matt Ivester's enthusiastic introduction to Reveal, a social networking company billed as the first to use its own integrated cryptocurrency, revealcoin, which is an asset on the Stellar network.

The founder of college gossip website JuicyCampus, Ivester had reason to be confident at the event, having already closed the majority of its seed funding from investors including Resolute Ventures and Bitcoin Opportunity Corp.

While light on technical details, the pitch seems telling of the company's strategy to come. Reveal has so far sought to target everyday teenagers outside the bitcoin community while courting unidentified "social media celebrities" to the service.

"We believe that users should share in the value they help create," Ivester said. "We can do things that no other social network can. We can create true community ownership, we can directly incentivize viral growth."

Designed for quick sharing, Reveal allows users to design two-layer messages, the first of which can be peeled away to reveal a picture or drawing. Reveal aims to monetize through a similar strategy as the messaging service GetGems, mandating advertisers on the network pay with revealcoin.

Users can in turn earn revealcoin for promoting the network, interacting with ads or by reading priority messages from other users.

"We can solve spam, access and messaging," Ivester said. "Eventually we can be the way millions of teens are introduced to cryptocurrency."

Reveal is currently operating in beta with an eye to launch this fall.

Complete article here http://www.coindesk.com/boost-vc-tribe-5-demo-day

Reveal looks interesting but if they never sell the coins then they will hold almost all the coins so what's to stop them selling them off when they want?

is there a bitcointalk thread for reveal?

[tokeweed]

Yeah, I was thinking that too. I'm still waiting for more info on them and will post them here asap.

[tokeweed]

Ripple Labs Raises $28 Million in Series A Round

Digital currency startup Ripple Labs announced today that it has closed a new $28m Series A funding round.

The company drew support from a mixture of new and existing investors, including the venture arms of US futures and options exchange CME Group and data storage firm Seagate Technology.

Other participants in the round include AME Cloud Ventures, ChinaRock Capital Management, China Growth Capital, Wicklow Capital, Bitcoin Opportunity Corp., Core Innovation Capital, Route 66 Ventures, RRE Ventures, Vast Ventures and Venture 51.

The company said that it planned to use the funds to fuel international expansion efforts, most notably in Asia.

Full article http://www.coindesk.com/ripple-labs-raises-28-million-in-series-a-round/

[tokeweed]

From Ethereum's blog...

Ethereum vs. Bitcoin

As a starting point, and only as a reference, we could begin by comparing Ethereum to Bitcoin, because Bitcoin seems to have been understood, at least by those who wished to understand it.

At first sight, one can easily be duped by apparent similarities because both Bitcoin and Ethereum are open source platforms that have four common staples: an underlying cryptocurrency, an inherent blockchain, a decentralized consensus-based proof mechanism, and miners that support the network; therefore they must be similar. But that is a wrong conclusion. As soon as you dig deeper, reality reveals that Bitcoin and Ethereum are more dissimilar than similar. Each one of these 4 staples has a fundamentally different purpose in terms of what it enables, and for that reason, Ethereum is headed into a different direction than Bitcoin.

For background, Bitcoin was originally designed as a decentralized cryptocurrency network for transacting monetary value, and the main purpose of the Bitcoin blockchain was that backbone of trust for these financial transactions. It was only more recently that Bitcoin’s blockchain started to find use cases in non-financial applications relating to decentralized trust and as a store of value. Therefore, the programmability aspects of the Bitcoin blockchain itself were almost an after-thought, although sidechain proposals are hoping to make this programmability a little easier. In contrast, Ethereum was conceived from Day 1 as a software development platform for decentralized applications, and its blockchain was specifically designed to support executing apps on it. So, the Ethereum design had the luxury of learning from Bitcoin’s experience and remedied some of its shortcomings. For example, the Ethereum blockchain is faster at performing verifications, down to a typical range between 5 and 30 seconds, as compared to Bitcoin’s 10 mins...

Full blog here...  https://blog.ethereum.org/2015/05/24/the-business-imperative-behind-the-ethereum-vision/

[Netnox]

Demo Day Recap: 5 Boost VC Bitcoin Startups on the Rise

Reveal

"Coin-first is the new mobile-first."

Such was the opening salvo of Reveal CEO Matt Ivester's enthusiastic introduction to Reveal, a social networking company billed as the first to use its own integrated cryptocurrency, revealcoin, which is an asset on the Stellar network.

The founder of college gossip website JuicyCampus, Ivester had reason to be confident at the event, having already closed the majority of its seed funding from investors including Resolute Ventures and Bitcoin Opportunity Corp.

While light on technical details, the pitch seems telling of the company's strategy to come. Reveal has so far sought to target everyday teenagers outside the bitcoin community while courting unidentified "social media celebrities" to the service.

"We believe that users should share in the value they help create," Ivester said. "We can do things that no other social network can. We can create true community ownership, we can directly incentivize viral growth."

Designed for quick sharing, Reveal allows users to design two-layer messages, the first of which can be peeled away to reveal a picture or drawing. Reveal aims to monetize through a similar strategy as the messaging service GetGems, mandating advertisers on the network pay with revealcoin.

Users can in turn earn revealcoin for promoting the network, interacting with ads or by reading priority messages from other users.

"We can solve spam, access and messaging," Ivester said. "Eventually we can be the way millions of teens are introduced to cryptocurrency."

Reveal is currently operating in beta with an eye to launch this fall.

Complete article here http://www.coindesk.com/boost-vc-tribe-5-demo-day

I'm really curious about such monetising system like GetGems or Reveal is doing, it's a new innovation in the crypto and instant messaging space and the main excitement of this app, i don't know how it will pan out but i definitely want to participate in the experiment.

[tokeweed]

Factom added in the OP.

Factom - 2287 BTC from presale
Chart:  N/A
Blog
Team

[tokeweed]

CommBank starts using Ripple digital currency network – what it means for Australian fintech

Just when we thought the digital currency opportunity was moving offshore, the Commonwealth Bank has stolen a march on London, New York and Hong Kong with CommBank CIO David Whiteing’s announcement it would be using the Ripple digital currency network.
 
This has been noted around the globe and has significant positive implications for financial innovation in Australia. While other global banks including HSBC and Santander have hinted at participation, CommBank is the largest bank by a wide margin to form an innovative strategic partnership with a major digital currency network.
 
If the momentum can be carried through with enabling policy and investment, innovation at this institutional level can provide significant consumer savings as well as opportunities for Australian fintech investors and entrepreneurs. Consuming these new sources of instant liquidity opens the opportunity for entrepreneurs with the technical know-how to offer a variety of new services, from very fast, low-cost cross-border remittances to new hard asset mobile digital currencies.

Full article http://www.startupsmart.com.au/growth/commbank-starts-using-ripple-digital-currency-network-what-it-means-for-australian-fintech/2015052914837.html

[SuplexCity]

Just bought 4k Ripple Coins. We've been watching it all day on TrollBox. Whats interesting is the price is being manipulated heavily by bots. Try to buy Ripple coins below market value on Bittrex or Polo and see what happens. I'm really interested to see where this winds up.

[box0214]

out of all those coins. it seems nxt had the least funding at 21 btc. why is it that certain coins even with alot of funding doesn't even come close to what nxt has so far? im really curious to why this is.... is it really not the funding that plays a factor? so what is it? i mean all those coins have talented devs too.

[Bizmark13]

out of all those coins. it seems nxt had the least funding at 21 btc. why is it that certain coins even with alot of funding doesn't even come close to what nxt has so far? im really curious to why this is.... is it really not the funding that plays a factor? so what is it? i mean all those coins have talented devs too.

The NXT IPO happened during a completely different time vs. the IPOs which came after it so they're not really comparable. NXT was the first IPO coin in existence and the success of the NXT IPO for its initial investors is the main reason why IPOs since then have been so huge in the first place.

NXT was also pretty much the first 2.0 platform as well which gave it a massive head start back when there were very few other competitors around and those that did exist were still under development (eMunie anyone?). Back then, most coins were just scrypt and SHA-256 clones based on Litecoin/Bitcoin with a logo stamped on top. NXT succeeded because BCNext created an innovative product with innovative features but few people took notice of it or believed its claims when it was first announced.

Lastly, there is also jl777. He's not a core dev but instead, he develops services that exist on top of the core protocol. jl777's assets have popularized the asset exchange and in turn developed it into NXT's greatest strength. Without him, NXT probably wouldn't be as successful as it is today.

[tokeweed]

Stellar Enters Legal Dispute With Bitstamp, Ripple and Jed McCaleb

The legal battle over roughly $1m in disputed funds continues between Ripple Labs and founder and ex-employee Jed McCaleb, with a flurry of new court filings over the past month setting the stage for conflict between the two sides.

In total, $1,038,172 is currently being held by digital currency exchange Bitstamp, an amount that both Ripple Labs and the Stellar Development Foundation, McCaleb's current employer, are now seeking.

Both sides have weighed in on whether the court should grant Bitstamp’s request to be discharged from the case after it filed a complaint for interpleader on 1st April. As part of that request, dated 13th May, Bitstamp asked the court for permission to transfer the funds to Stellar.

Full article:  http://www.coindesk.com/stellar-enters-legal-dispute-with-bitstamp-ripple-labs-and-jed-mccaleb/

[Daedelus]

out of all those coins. it seems nxt had the least funding at 21 btc. why is it that certain coins even with alot of funding doesn't even come close to what nxt has so far? im really curious to why this is.... is it really not the funding that plays a factor? so what is it? i mean all those coins have talented devs too.

The NXT IPO happened during a completely different time vs. the IPOs which came after it so they're not really comparable. NXT was the first IPO coin in existence and the success of the NXT IPO for its initial investors is the main reason why IPOs since then have been so huge in the first place.

NXT was also pretty much the first 2.0 platform as well which gave it a massive head start back when there were very few other competitors around and those that did exist were still under development (eMunie anyone?). Back then, most coins were just scrypt and SHA-256 clones based on Litecoin/Bitcoin with a logo stamped on top. NXT succeeded because BCNext created an innovative product with innovative features but few people took notice of it or believed its claims when it was first announced.

Lastly, there is also jl777. He's not a core dev but instead, he develops services that exist on top of the core protocol. jl777's assets have popularized the asset exchange and in turn developed it into NXT's greatest strength. Without him, NXT probably wouldn't be as successful as it is today.

jumanji

This is a good, clear explanation. There were only ~35 coins on CMC (Sep 2013) and it was pre-BTC pump to $1200 that brought so many of us into crypto (too many of them were destined to be shark food in 2014, unfortunately).

I jumanji'd it so I could search and find it later in my posts 

[tokeweed]

Cryptocurrency Platform GoCoin Announces Merger With Ziftr

International cryptocurrency payments platform GoCoin has announced a strategic merger with a cryptocurrency-based e-commerce company Ziftr. With this merger, both the companies will aim to increase mainstream acceptance of virtual currencies.

CEO and Founder of GoCoin, Steve Beauregard said that Bitcoin is facing a major adoption problem.

“Loyalty points play a key role in a consumer’s choice of payment method, and with the ziftrCOIN loyalty platform integrated into the ziftrWALLET, I believe we can finally give consumers the right experience to choose digital currencies over cards at checkout.”

ziftrCOIN is a digital coin designed to push more consumers to start using cryptocurrency as a mode of payment. ziftrWALLET is a mobile cryptocurrency wallet which combines the security of a desktop wallet with the speed of a cloud-based wallet.

Ziftr anticipates that its merger with the world’s leading cryptocurrency transaction platform will empower it to offer highly lucrative incentives to customers, increasing the probability that their next purchase is via cryptocurrency and not fiat cash.

But even with low-cost benefits, Bitcoin and other cryptocurrencies haven’t really been able to gain traction from consumers worldwide. Most fear that Bitcoin is too volatile for them while another big section expects them to be regulated first.

Full article here...  http://www.newsbtc.com/2015/06/11/cryptocurrency-platform-gocoin-announces-merger-with-ziftr/

[Hollingsworth]

Thanks Tokeweed for this informative thread.

Regarding the Ripple stuff you posted, I can say that there is a lot of recent positive news brewing, from the XRPtalk forum.

And as always, the Dude abides...    

[tokeweed]

Reveal Raises $1.5 Million for Crypto-Powered Social Network

Cryptocurrency-powered social network Reveal has closed $1.5m in seed funding from investors including Mike Hirshland of Resolute Ventures, Boost VC, Digital Currency Group and the Stanford StartX Fund.

Founded by Matt Ivester, former CEO of social network Kindr as well as college gossip news site JuicyCampus, and Kindr CTO Josh Beal, Reveal is perhaps best described as a visually oriented, Q&A social mobile app.

Like Instagram, SnapChat, Vine and other new social media incumbents, Reveal targets users in high school and college. Unlike these market leaders, Reveal's posts offer a unique combination of doodles, photos, video and cryptocurrency.

It's biggest asset according to its founders is reveal coin. A cryptographic token traded on the Stellar network, Ivester and Beal believe reveal coin will serve as a user engagement tool that will resonate with their target audience.

Full article...  http://www.coindesk.com/reveal-1-5-million-crypto-snapchat/

[HCLivess]

You promise charts. There are no charts.