5 Hot Amateur’s Questions about ICO 418

Experienced traders had invested in cryptocurrency long before it became popular worldwide and before cryptocurrency was highly demanded. The most cautious traders buy tokens during the first ICO stages. If you are not an experienced trader yet and the abovementioned just provokes questions like “How to do it?”, The Coin Shark will try helping you to understand what this three letter abbreviation means.

1.How to decipher the abbreviation?

ICO (initial coin offering) — is a release of tokens conducted by a project. These tokens can be used in future to pay for the services of the platform. Besides after the floatation you can sell tokens and gain on exchange.

2. How does it work?

A project that conducts such a campaign must use blockchain technology. Basically ICOs are used for financial or technical startups that exist only on the paper at the moment of an ICO-campaign. Blockchain’s main purpose is to make people’s life easier and it can be used in any sphere. For example, a farmer can create an internet platform where their products can be sold for tokens.

3. How can I gain profit?

You can study the project’s concept and join the ICO on the web-site. Beforehand you should have a digital wallet with cryptocurrency (you can buy it either for fiat money or via an online-exchange) and understand the basic principle of transactions completion. The easiest way to find information about it is to use https://blockchain.info, https://www.myetherwallet.com/ or any other resources. Interface is easy-to-understand even for an amateur.

4. Are there any guarantees?

There are no guarantees. No country has a law that regulates conduction of an ICO but a number of countries gradually ban such activities. In other words, ICO for a buyer is a deal based solely on trust. If we view ICO as a type of crowdfunding then it is necessary to understand that there is a possibility that a start-up doesn’t reach the moment of the product release or of the idea implementation because the required sum (hard cap) was not collected. And even in case of the project implementation, the result can vary from what you imagined or from what was promised to you. Some projects knowingly start ICO that is impossible to implement. Their only goal is to gain profit, and they are called SCAM. Your aim is to avoid such projects if it is possible. There are some special characteristics for their recognition. You can find them in The Coin Shark article.

5. How to avoid bankruptcy?

There is no straight answer to this question. Everything depends on your actions and project choice. Experienced traders can provide you with just one piece of advice — invest a sum that you are ready to lose.

Examples of successful and failed projects

Ethereum – is probably one of the most striking examples of a successful start-up. The idea was to make an open programming platform with an opportunity to create decentralized apps. In 2014 Ethereum managed to attract $18 million which is not a record for successful ICOs. As a comparison you can study ICOs of such projects as EOS or Tezos. However, today Ether is the only cryptocurrency that can compete with Bitcoin in capitalization.

Mobilego — is the world-first decentralized mobile platform for games. The project collected $50 million in Waves and Ethereum cryptocurrencies. ICO was started in April 2017. For now the platform has been successfully launched.

The practice shows that collection of big investments doesn’t guarantee that a project will be successful. This is exactly the case with such a large-scale project as Status. Singapore start-up was based on a wonderful idea — Ethereum based free mobile client with an open source code. Immediately after the ICO had been launched the project could have collected $100 million investments. However, because many exchanges froze capital withdrawal, the rate of exchange crashed.

According to Smith & Crown reports, this year start-ups have already collected more than $1 billion via ICO which is ten times more than in 2016. There are no doubts that cryptocurrency is a popular and beneficial investment tool. However, it is not possible to calculate the loss that traders had during different ICOs. That is why the best choice is to invest without any tangible consequences for your non-electronic assets.

 

Cryptocurrency Prices for the 18th of August: Cryptocurrencies Are in the Green Zone 357

Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Litecoin, Cardano, Stellar, IOTA: Cryptocurrency prices  today, August 18

According to the online platform Coin360, within the last 24 hours Bitcоin (BTC) added 0.65%. The price at the time of writing is $6530 per coin.

cryptocurrency price chart

Cryptocurrencies are showing  growth:

Bitcoin Cash added 7.70% over the past day and costs $583 per coin;

Ripple grew by 9.12%, and its price is $0.34;

EOS increased by 10.55%, and its cost is $5.35;

Litecoin added 3.25%, and its value is $59;

Cardano added 3.95% and costs $0.10;

Stellar became more expensive by 2.10% and is worth $0.22;

IOTA added 7.23%, and its value is $ 0.52.

Ethereum added 3.45% in the past 24 hours. Its cost is $311 per coin.
The total market capitalization rose to $219 billion. Bitcoin accounts for 51.3% of the total volume. It is $112 billion in monetary terms.

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Cryptocurrency Prices for the 17th of August: Is Ethereum Returning to the Green Zone? 520

crypto prices

Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Litecoin, Cardano, Stellar, IOTA: Cryptocurrency prices today, August 17

According to the online platform Coin360, Bitcоin (BTC) added 1.15% in the last 24 hours. The price at the time of writing is $6487 per coin.

crypto price chart

Cryptocurrencies are showing positive dynamics:

Bitcoin Cash added 2.21% over the past day and costs $537 per coin;

Ripple grew by 7.95%, and its price is $0.31;

EOS increased by 2.66%, and its value is $4.85;

Litecoin added 1.45% and costs $57;

Cardano became more expensive by 3.07% and is worth $0.099;

Stellar increased by 2.78%, and its cost $0.22;

IOTA grew by 5.29%, and its value is $0.48.

Ethereum added 3.05% in the past 24 hours. Its cost is $300 per coin.

The total market capitalization rose to $214 billion. Bitcoin accounts for 52.3% of the total volume. It is $111 billion in monetary terms.

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AgroTechFarm – the Global Eco Blockchain System 914

agro tech

AgroTechFarm is the revolutionary fully automated intelligent appliance powered by blockchain and patented technology for the industrial cultivation of popular and unique species of various types of greens, vegetables and fruit all year round and regardless of climate conditions.

One of the most important objectives of this project is to supply the world with 100% healthy food through the use of the latest technology.

What are the main benefits?

  • 100% Natural food
  • No chemicals and other impurities
  • Patented technology & blockchain
  • 99% predictable harvest volume
  • Stable plan for your business
  • Availability of your favorite food anywhere and at anytime
  • Easily accessible i-App  
  • Ready-to-use analysis and digitization of the growth conditions of any species from the list of cultivated
  • Reduction of the environmental harm

How is ATF going to do it?

The ATF technology combines hydroponics (water), aeroponics (wind), heating and controlled light (sun) to imitate the perfect climatic conditions for the growth of plants. There are only two resources required to have fresh, organic food all year round: water and electricity. By leveraging the combination of technologies, ATF achieves a 30% quicker growth without the use of chemicals or other unhealthy practices.

The process is fully automated: you simply add seeds (like filling coffee beans in a coffee machine), nutrient solutions (similarly to adding laundry liquid in a washing machine) and get the crops in when the time comes.

Who can use it?  

Anyone. The solutions that this project offers are suitable for private, commercial and industrial use. Depending on your preferences and needs, you can install them at home if it’s for personal use or open farms and grow your natural and healthy food all year round.

What’s the deal with Blockchain?

With an introduction of blockchain, ATF will be able to keep the record of all conditions of each plant such as: origin, whether some growing procedures were different in comparison with the recommended ones etc.

Imagine a situation where some farmer decides to deceive his customers and manipulate with the growing process by adding pesticides. With a blockchain technology, all procedures will be recorded in a safe place whereby any change will be visible to everyone.

How can I join the project?

Currently ATF is holding a Private Sale. One of the features the project can offer to its investors is a 20% bonus with a purchase of Tokens. Apart from Tokens, there is a high interest from private investors. In particular, ATF is already working with accredited investors from USA and Asia.

In every scenario, ATF welcomes everyone to contact them and ask any specific question in detail regarding the participation in the projects and conditions. The team will be more than glad to explain everything thoroughly and guide personally through every step in order to start living a healthy life.

Find your true organic innovation together with AgroTechFarm
Visit the web at: www.agrotechfarm.io 

The Coin Shark does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products or other materials on this page. Readers should do their own research before taking any actions. The Coin Shark is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the article

Cryptocurrency Prices for the 16th of August: BTC Stays Put, and Ethereum Goes Up 583

cryptocurrency prices

Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Litecoin, Cardano, Stellar, IOTA: Cryptocurrency prices today, August 15

According to the online platform Coin360, within the last 24 hours Bitcоin (BTC) lost 0.15%. The price at the time of writing is $6407 per coin.

cryptocurrency price chart

Cryptocurrencies went both to the green and the red zone:

Bitcoin Cash gained 1.30% over the past day and costs $524 per coin;

Ripple grew by 1.43%, and its price is $0.29;

EOS increased by 1.13%, and its cost is $4.72;

Litecoin added 0.23%, and its value is $56;

Cardano dropped by 1.59% and costs $0.096;

Stellar fell by 2.62% and is worth $0.21;

IOTA lost 1.96%, and its value is $0.46.

Ethereum added 2.09% in the past 24 hours. Its price is $291 per coin.

The total market capitalization rose to $207 billion. Bitcoin accounts for 53.2% of the total. It is $110 billion in monetary terms.

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The Project Joys: A Cup of Coffee For Crypto 865

project joys

The digital economy breaks the habitual models of the branch markets and increases the competitiveness of their participants. Digitalization determines the growth prospects of companies, industries and national economies in general.

The digital economy is now facing a big challenge: whether the blockchain technology and cryptocurrencies will be integrated into the real economy. Digital currencies do not yet fulfill all the functions of money, and the owners of cryptocurrencies remain limited in the possibility of their exchange for goods and services. Despite the popularity of digital currencies, they can not be used as payment everywhere. It is also not easy to convert the funds into fiat: it is inconvenient, long and expensive to use exchanges. The Joys Digital payment service will allow customers to quickly and easily buy goods and services using cryptocurrencies and tokens of blockchain projects.

Despite the legal uncertainty, there are prospects for acquiring cryptocurrencies in most countries. So says the CEO and co-founder of Joys Digital Andrei Mikhailishin:

The seller and the buyer need to be provided with a legal, convenient and reliable way to exchange crypto into fiat when buying goods or services. Thus, the state should receive taxes for such operation.

To do this, the client just needs to transfer the required amount of BTC or other cryptocurrency to the virtual wallet JOYS Wallet, after which Joys converts it into fiat at the time of purchase. At the same time, cash accounting is conducted in the national currency.

I bought a cup of coffee for tokens for the first time in my life. The apps and the wallet with coins are developed on the blockchain, in this case this turned out to be a Joys Digital creation, “- says Evgenia Ovchinnikova, the Director of Innovation of Raiffeisenbank.

Joys Digital has already launched the first test platform in the Center for Digital Transformation in Moscow, where the purchase takes place in the internal currency of the Center.

Large banks – Sberbank, VTB and others – understand the whole story, and the sooner they start using the service for accepting cryptocurrency, the faster they will receive their customers coming from one and a half million crypto holders in Russia. So what is the future of banks and payment systems?

Opinions vary, but most analysts agree that in the future cash and plastic cards will become extinct. They will be replaced by electronic means of payment, which we can use to pay for any goods and services. Banks have already seen competition from financial companies and mobile operators. If mutual lending joins fintech, then more than half of the banks will simply be destroyed in ten years. The bank office will move to a mobile phone, through which it will be possible to pay for the whole set of services. Most likely, cards as a means of payment will disappear, and remote identification will allow you to receive loans and carry out other types of transactions. The main advantages of cryptocurrency over fiat cards:

  • availability at any time,
  • openness of code (transparency);
  • high reliability;
  • consensus on operations;
  • independence, low transaction costs, etc.

Owners of cryptocurrency can already make different financial transactions in any cryptocurrency anywhere in the world. With time and competent state regulation, the use of cryptocurrency will become normal and will be widely applied. The American banker and author of the book “Bank 3.0” Brett King states that our generation is the last one using plastic cards. The future is the time without the usual paper money. “Future money is a digital record in a certain information system or systems, the value of which will be determined by technology, their scope and user confidence in such systems,” says the creator of Joys Andrei Mikhailishin. And, finally, banks that do not implement financial technologies similar to Joys will soon leave the financial market or lose a large part of it.

The Coin Shark does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products or other materials on this page. Readers should do their own research before taking any actions. The Coin Shark is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the article

Cryptocurrency Prices for the 15th of August: BTC and Ethereum Are Recovering 546

cryptocurrency prices

Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Litecoin, Cardano, Stellar, IOTA: Cryptocurrency prices today, August 15.

According to the online platform Coin360, Bitcоin (BTC) added 5.95% in the last 24 hours. The price at the time of writing is $6429 per coin.

cryptocurrency price chart

Pretty much all cryptocurrencies returned to the green zone and are showing growth after a drastic fall:

Bitcoin Cash added 4.12% over the past day and costs $518 per coin;

Ripple grew by 7.86%, and its price is $0.28;

EOS increased by 5.89%, and its value is $4.66;

Litecoin added 8.58%, and its price is $56;

Cardano increased by 5.22% and costs $0.098;

Stellar grew by 4.77% and is worth $0.22;

IOTA became more expensive by 11.24%, and its value is $0.46.

Ethereum added 6.7% in the past 24 hours. Its cost is $285 per coin.

The total market capitalization rose to $205 billion. Bitcoin accounts for 53.7% of the total volume. It is $110 billion in monetary terms.

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