Bringing Crypto Mainstream into the offline world in the first Bitcoin City

15 March 2018 – Eligma, AI-driven and Blockchain-based cognitive commerce platform, is presenting the first of its many features. EliPay system is a showcase of their ambition to take the usage of crypto payments beyond trading and exchanges and into the offline world. Partnering with BTC CITY Ljubljana, the first Bitcoin City and the largest commercial, trading and business centre of its kind, they are setting their testing lab in the heart of Europe, Slovenia, where they will offer transactions with crypto currencies in some of the selected offline stores from this April onwards. The first of many Eligma’s reveals is demonstrating how the platform will solve the problems of today’s e-commerce and asset management. Their token sale with the hard cap of 24 million U.S. dollars starts on 17 April, and their campaign promises to showcase what they have in store for the future users and potential contributors.

The EliPay system, the platform’s cryptocurrency transaction system, is set to enable the cryptocurrency transactions be it offline or online. In their early development and testing phase and during the crowdsale campaign, which Eligma is currently running, the team announced to showcase the usability of EliPay in the offline world in their testing lab – BTC CITY Ljubljana in mid-April. This early feature amongst Eligma’s many advantages is especially promising to early adopters, crypto enthusiasts and potential contributors: it backs up the team’s promise of a truly usable ELI token, which is to be released at the start of the project’s crowdsale on April 17th.

Jože Mermal, Chairman and CEO of BTC d.d.: “The BTC d.d. company strives for the development and implementation of the latest technologies into its business environment. As a strategic partner of the Eligma company, we will therefore enable the testing of Eligma’s EliPay system in a real environment at selected business partners in BTC CITY Ljubljana. EliPay will enable the use of cryptocurrencies both online and in the physical world, creating a modern, transparent and simple shopping experience for our visitors and business partners”.

The team of experts and e-visionaries, supported by highly experienced advisors from areas of business development, AI, blockchain and ecommerce, announced another Eligma’s ambition, which they presented this week. As believers in the future of blockchain technology and crypto currencies, they are set to launch easy crypto transactions through their system, called EliPay. “We are lucky in partnering with BTC d.d., a company which runs an esteemed Slovenian retail, logistics, business and entertainment centre called BTC City Ljubljana, with over 60 years of tradition. Its area, which spreads over 475,000 square meters, annually attracts more than 21 million visitors. With its unique ecosystem and more than 450 stores, BTC CITY hosts more than 4,000 business partners; they are an ideal testing lab, where we plan on testing EliPay and launching the first version of Eligma by the end of 2018,” stated Dejan Roljič, founder and CEO of the start-up behind the idea.

Entering a market which reached 2.3 trillion U.S. dollars in sales last year, the team is planning to develop Eligma to offer simple solutions for problems which are present for all online shoppers. Harnessing the power of machine learning and AI technology, they are building a platform that will save its users time and money by providing them with the best search results, based on the specifications of the product they are looking for online. This will be enabled through Eligma’s discovery feature, with which users will be able to access the plethora of different goods online from one account. Single log-in will be a unique feature that will simplify the on-line shopping experience. There will be no need to sign into several online stores for price or product comparison because Eligma will provide you with best deal for your next purchase.

With a first-stage roadmap and milestones spread over the next three years, the Eligma team is planning to develop a complete technological solution for resolving the drawbacks of commerce and e-commerce and simplifying the shopping experience. The start-up will be selling 300,000,000 ELI tokens with the hardcap of 24 million U.S. dollars through a public crowdsale, starting on 17 April, with the pre-sale for early project believers and contributors starting on 20 March. To learn more about the AI-driven blockchain platform that has a vision of transforming online shopping experience, visit www.eligma.io.

Contact

For more information about Eligma and its development process, please contact Sara Draskovic at [email protected].

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 press release.

How to Choose Suitable ICO and Top ICO Trackers in 2019

Recently, the interest of potential investors to new ICOs projects has faded away a little.  It is explained by the fact that the cryptocurrency market has been in the downtrend for more than a year. But despite this, a huge number of new cryptocurrency projects constantly appear on the market. In order to have a convenient opportunity to look at the list of all current ICOs in one place, there have been created special aggregator sites, they are called ICO trackers. In this article, we will talk more about these services, learn about their advantages, disadvantages, and also provide you with a list of the most authoritative sites.

1. What are ICO trackers

So, as it was mentioned above, ICO trackers are specialized services that publish the necessary information about large ICO projects. It is possible to see lists of upcoming, existing or already completed projects on such resources. The main goal is to provide basic information to potential investors. On some of these sites, you can find not only the roadmap of a specific ICO but also its detailed analysis.

The staff of such services is doing a great job, which is aimed at studying the strengths and weaknesses of the blockchain ICO projects. As it is known, a huge number of scammers are concentrated in this area, for this reason, ICO trackers help potential investors navigate this dangerous market.

To understand the principles of such services, let’s take a closer look at the criteria by which projects are evaluated:

  • Risk. In order to compile an estimate for this parameter, the following data is studied: publicity of the development team, White Paper, availability of a test work product, the reputation of consultants and partners, etc.
  • HYPE. This criterion is counted by calculating the number of subscribers on the project pages in social networks, the frequency of its mentioning in the media, search results, etc.
  • Basic report. To evaluate this criterion, the following aspects are closely studied: the innovativeness of used technologies, the presence of its own blockchain, advantages and disadvantages, prospects and possible development options.
  • Investment Rating. According to the analysis, an expert forecast of the future of the project is provided.

All these factors help investors to get comprehensive information about a particular ICO and decide whether to invest their money in it or not.

2. Strengths and weaknesses of ICO trackers

ICO trackers are not perfect and they also have their own advantages and disadvantages.

Advantages

  • Providing basic information about the latest ICO.
  • Compilation and provision of project analysis, which significantly saves time for potential investors.
  • Listing scam projects.

Disadvantages

  • Not all services consist complete information about a specific project.
  • The information provided on the ICO tracker cannot be trusted 100% since such services cooperate with many projects as advertisements. This may mean that published information about a specific ICO may not be objective. For this reason, before starting the ICO funding, it is better to study it yourself.

3. Who needs ICO trackers?

Such services are actively used by investors, people who themselves conduct crowd sales, as well as all other users who are simply interested in this industry. A huge number of fraudsters are concentrated at this market. But despite this, there are really worthwhile projects that can give real profit to their investors, even in such a market. For a non-professional investor, it is quite a difficult task to find such an ICO. Therefore, investors use similar services to obtain key information about recent ICOs.

It should be noted that startups themselves are very willing to use ICO trackers because, such services are an excellent marketing tool for them.

4. List of popular ICO trackers in 2019

Recently, a sufficient number of ICO-trackers have appeared on the market. Each service has its own approach and its own criteria for evaluating new ICO coins. It is possible to find detailed information about ICO projects on larger sites, and some services simply publish WP with a link to the official project resource.

Here is a short list of popular and current ICO trackers in 2019 (according to the rating for 2018).

5. Conclusion

There are many scammers on the ICO market, lists of which can be found on specialized services – ICO trackers. Such sites allow investors to obtain key information about ICO projects.

These are certainly very useful services, but it is important to remember that ICO trackers are not the last resort, so before investing money in a certain project, it is better to search for information about it on the network.

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Two European Finance Regulators Urge the EU To Adopt Crypto and ICO Rules

Cryptocurrency and ICO regulations have been an open topic in Europe for quite a long period of time. Some finance regulators claim that it is high time the European Commission determined the place of crypto and ICO in European economy.

The European Banking Authority (EBA) stated that the current crypto asset-related activities did not comply with the EU financial laws, so that The EBA urged the EU to look into the crypto rules and identify what actions may be required at the EU level.

The representative of the EBA said:

“The EBA’s warnings to consumers and institutions on virtual currencies remain valid. The EBA calls on the European Commission to assess whether regulatory action is needed to achieve a common EU approach to crypto-assets. The EBA continues to monitor market developments from a prudential and consumer perspective.”

Moreover, the EBA advised to use the FATF’s recommendations. The Financial Action Task Force (FATF) is to issue a set of recommendations for crypto-related action in June 2019.

Another finance regulator, which supports the EBA, is the European Securities and Markets Authority (ESMA). It released a report which helps the authorities of the EU to make decisions on rules applied to crypto and ICO.

The spokesman of the ESMA said:

“Our survey of NCAs highlighted that some crypto-assets may qualify as MiFID financial instruments, in which case the full set of EU financial rules would apply. However, because the existing rules were not designed with these instruments in mind, NCAs face challenges in interpreting the existing requirements and certain requirements are not adapted to the specific characteristics of crypto-assets.”

We remind you

Seven EU Member States United To Adopt Blockchain In Their Countries

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What is STO and Why Is It Going to Replace ICO in a Near Future

During the last couple years the crowdfunding market began to develop rapidly. ICO or initial coin offering – is not only a very convenient way of raising capital for further project’s development, but also a very profitable investment tool. But there are many troubles on this market, which need a solution. In this article we will talk about a new type of crowdfunding on the cryptocurrency market (STO), find out how it differs from the ICO and what is its future.

1. The main problems of ICO

So as it was mentioned before, the ICO reputation suffered during 2017 – 2018 years. The sad statistics indicates that the vast majority of cryptocurrency startups that conducted public ICO, failed. There are many scammers on this market, whose activities are aimed only at personal enrichment. In 2018 general investments in ICO amounted to more than 18 billion dollars, and by the end of the year all projects brought only losses and frustration to their investors. Because of this, the regulators began to actively monitor start-ups that raise their capital through crowdfunding.

Users can purchase two types of digital assets in a process of participation during initial coin offering:

  • Payment Tokens. They can be used to pay for different goods and services, offered by a company- issuer.
  • Utility Tokens (or useful tokens). They allow using some specific services, offered by an issuing company.

It is very important to understand, that possession of the above mentioned types of assets does not provide an investor neither with influence on the destiny of the company (for example to participate in the voting of shareholders), nor with protection of his rights. The fact is that payment and utility tokens are not equal to securities or stocks.

2. What is STO?

It worth noting, that there is one more type of tokens – Security Token. This variant of assets is very similar to traditional stocks, to which everyone has already managed to get used on stock markets. The main feature of this type is that their owners, in fact, have the right of ownership of a certain share of a company. Such kind of investment is fully protected by regulators. It means that company’s failure to fulfill financial obligations to its investors will entail legal proceedings.

Many experts note, that STO will replace ICO on the crowdfunding market. The matter is the best features of ICO and IPO were united in this investment tool. STO got that level of security, which IPO has, and also the relative simplicity and accessibility that is inherent to ICO.

3. Who can work with STO

SEC has developed rules for investors who wish to participate in STO.

  • An investor must have net worth of $1 million. It is worth noting that this amount does not include the market value of the investor`s real estate in which he lives.
  • The investor should have net income of 200 thousand dollars a year. If we are talking about a married couple, their total annual income must be at least 300 thousand dollars a year.
  • If we talk about an organization, its net assets must be at least $5 million in order to participate in STO. Also, all members of the company must be accredited investors.

It worth noticing, that an investor does not have to comply with all the above mentioned points, one is enough.

4. Forecast for the future

It is early to talk about the future that expects for STO yet. The main indicator of success, which is worth paying attention to is the number of companies that do not work on the blockchain technology market, who wants to conduct an STO in the near future. This type of attracting investment should interest middle class companies, for which to conduct a classic IPO is too expensive. If this scenario becomes a reality, then it will be possible to assert with confidence that STO has a great future. It worth noticing, that this is not a fast process. It will take at least 1-2 years to set all the mechanisms and launch STO for a wide audience. It is quite possible with the right approach of investors and regulators. Now there is another obstacle on the way to massive implementation of STO – the general decline of the cryptocurrency market. The matter is that people`s interest to investments in blockchain is decreased at the moment. But the fall cannot last forever, that is why many experts still have optimism and believe in better future of both STO and the cryptocurrency industry.

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WHISKY TOKEN Or WHY Should People Invest Into Crypto?

Regrettably, crypto market has recently experienced a great downfall of its value. Many cryptocurrencies have lost their former prices and now are climbing up to their stable marks. Market volatility has been an issue to all investors, even for skilled ones. What if we tell you that one Team has created a wonderful method to stabilize the market and to calm down investors’ nerves? Sounds fantastic, doesn’t it? We offer you to look into Whiskey Token – first whiskey-based crypto token.

What is WHY?

WHISKY TOKEN, or just WHY, is a creation of new values. Do you remember, in 1971, the US government decided that the dollar would be backed to the oil, not to the gold as it had been before? The same goes here, the WHISKEY TOKEN will be backed to the  real whisky value. It is based on Ethereum, this helps to combine growth potential and security of the token.

The Biggest Advantages

  • Minimum risk of loss for WHY holders. Whiskey portfolio protects them from total course breakdowns.
  • Participation is affordable for everyone. The fee is €30.
  • No commission for management, just a little for blockchain technology assistance and distinction to traditional investment funds.

WHY’s mission

The project aims to let WHISKY TOKEN (WHY) owners take part in crypto market, no matter what financial circumstances might be. Due to a high-end whisky portfolio, the holders will be able to make fortunes from returns of the crypto market with a limited downside risk. WHY combines crypto technology with real asset values. The Team is sure that expectation of every holder will come true.

ICO details

The ICO has already started, it will last till February 28, 2019. The total number of WHY created is 28,100,000. The ICO is divided into three parts, the price of token depends on the phases, starting from 1 WHY = 0.8 EUR to 1 WHY = 1,2 EUR. The soft cap is 2000000 EUR, the hard cap is 25000000 EUR. Accepted currencies are Bitcoin, Ethereum and fiat money. The bounty program is available, about €50,000 is allocated for this purpose.

If you are interested in whiskey, as well as WHISKEY TOKEN, please, follow the link to find more information about the project.

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.

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MobileGO ICO Price Overview

MGO token allows you to significantly expand the functionality of smart contracts (similar to the Ethereum and Waves cryptocurrencies). With its help you can:

  • Acquire / sell virtual goods, as well as game content;
  • Participate in decentralized eSports events.

MobileGO ICO price is not only advantage. It has a number of useful functions:

  • Opportunity to participate in decentralized competitions;
  • Payment token in decentralized markets and stores;
  • Can be exchanged for any whitelisted crypto on exchange services.

MGO tokens are adopted by over 500 mln users all over the world. Gamers, developers, investors, publishers and creators are choosing MGO tokens massively, just like Bitcoin 2 years ago. This achievement is simple to explain — MGO is based on the transparent business utility achieved thanks to the partnerships with Xsolla, Microsoft and many other companies. Reputation, respect and revolution describe MGO in the best way!

On the chart you will be able to track the level of prices for the MGO token The transfer of it is carried out in dollars, rubles, ETH and BTC. With the help of the appropriate switch you can examine in detail the trend of the MobileGO token. You can choose a certain period for consideration — it can be 1 day, a week, a month or a year, as well as a full story.

Why to join MobileGO revolution right now?

MobileGO plans an airdrop giveaway! Everyone can join and get free MGO token! Please pay attention to the fact that airdrop of MGO tokens will be limited! It will start in November.

Follow the official social media channels and set the alert about notifications from us — don’t miss the airdrop’s launch on https://airdrop.mobilego.io!

Rules for application are very simple. Follow MGO social media and fill in the forms with required details. That’s all you have to do! They will reward you with free MGO tokens which will be sent to your Ethereum wallet as soon as you fill in the form.

Follow the updates about this and other events on the official website — https://www.mobilego.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.

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Christmas Top Promising ICO Startups of the Outgoing 2018

Christmas is just around the corner 🎄 And we want to recall what bright startups have remained in our minds this year. The Coin Shark has already presented you TOP 10 Blockchain Startups 2018 and the TOP 10 ICO Projects That Became the Most Useful Ideas of 2018. Today we’ll talk about projects that we believe are among the most promising.

1. Joys

Joys is a project based on a creative idea of building a bridge between crypto holders and retailers willing to accept cryptocurrencies as a means of payment. It is an ecosystem where people will be able to find goods and services they like out of the wide selection of choices available at Joys and pay for them in Bitcoin, altcoins or tokens. A very important and useful feature of the platform is that it can be used even in the countries where crypto is officially banned with no violation of any regulations.

They design Joys as a tool of convergence between conventional monetary system and the new blockchain-based system to boost economy effectiveness. They expand application of cryptocurrency of any blockchain project at retail stores and service companies; this way, they involve classical retail into blockchain community and add value to both cryptocurrencies in general and currencies of projects connected to Joys independently.

About the project: https://joys.digital/en/

Whitepaper: http://download.joys.digital/docs/JOYS_White_Paper-EN.pdf

2.  Whisky Token

The entire whisky market has experienced strong global growth in recent years. The global trend is towards higher-quality and more expensive products. Total volumes have also risen significantly in recent years, with literal figures declining slightly in 2017 as well as in a few markets. In Germany alone, sales rose from EUR 735 million in 2010 to a forecast EUR 886 million in 2018, with the price per litre increasing in particular.

WHISKY TOKEN (WHY) stands for a disruptive new possibility in the crypto currency market due to the combination of High-End Whisky and Blockchain technology. Their mission is to combine the unlimited growth potential of a cryptocurrency with the security of real whisky value.

About the project: https://www.whisky-token.com/

Whitepaper:

https://www.whisky-token.com/whitepaper/whisky-token-whitepaper_en.pdf

3. Dragonglass

Dragonglass is a unique solution that will turn boring mining into an enjoyable experience. The project developers have created a special Dragonglass app that will let you play a game and mine DGS tokens at the same time.

Dragonglass is the world’s first gamified crypto-mining experience. Mining Dragonglass cryptocurrency is as easy and fun as playing a mobile game. It provides user-friendly and affordable cryptocurrency mining solution to everyone. Dragonglass is also powerful: by using a unique mining technology, it is thousands of times more efficient than traditional cryptocurrency mining.

About the project: https://dragonglass.com/

Whitepaper: https://dragonglass.com/dragonglass-whitepaper.pdf

4. Fidelium

Fidelium offers the very first cross-exchange trading platform for cryptocurrency. Fidelium’s trading system, named “Fortress,” enables users to trade at multiple exchanges around the world at once, within a single trading platform. It seamlessly connects numerous exchanges and allows users to freely choose which exchange to buy or sell their cryptocurrencies. Furthermore, Fortress will be integrated with the Fidelium mobile app, which features a multi cryptocurrency wallet, and a debit card payment system interface.

With “Fortress,” you can trade any cryptocurrency at any supported exchange you want, without any hassle, or time delay, enabling you to make the most out of your cryptocurrency trading.

About the project: https://fidelium.io

Whitepaper: https://fidelium.io/whitepaper_20180108.pdf

5. Skynavpro™

Skynavpro™ is a navigation software integrated in a specially developed hardware for communication, collision avoidance and live tracking for general aviation. Its shape is a single portable box, where all the information is being saved.

Throughout central Europe skynavpro™ is an already well-established brand and hardware prototypes are already developed. Due to its system level integration concept it can easily fit in any manned and unmanned aircraft (e.g. drones, UAV’s).

About the project: https://skynavpro.io/

Whitepaper: https://skynavpro.io/wp-content/uploads/ICO_skynavpro_Whitepaper.pdf