Paymon: Quick, Secure, Simple, Easy

What is Paymon?

New companies and startups are created in the world of cryptocurrencies and blockchain technologies on a daily basis. All of them are devoted to solving issues in a particular sphere, however, very few of them succeed. This is an example of a successful project. It is Paymon, the company founded in Russia. The concept of the project has been under development since 2016. It is going to make the communication between the owners of cryptocurrency and users of blockchain easier. The team is working on a number of unique productive services which will completely upgrade the whole niche. Paymon will share its new perception of the blockchain technology, creating the solutions for current issues in the cryptocurrency world: the issue with calculations, obsolete framework, big cost of transactions. The project is going to advance all cryptocurrency tools.  

Paymon features:

Paymon started off from improving the flaws withing the technological framework of Bitcoin, Ethereum and other cryptocurrencies. The biggest disadvantages of digital currencies are the long time for processing transactions and high fees charged for them. That is why the team of Paymon set up their own blockchain based on DAG, with a unique verification algorithm. After that a new cryptocurrency appeared, which was called PMNС. The first stage of ICO brought a decent amount of investments and new connections in the sphere.

  • One of the most interesting features of Paymon is its own messenger with the “cold” wallets. This feature quickly went viral, as it was ensuring complete safety for its users.
  • Paymon also developed a breakthrough technology called Hive, which will let the customers to create smart-contracts as well as include their own enterprises and carry out transactions free of charge. They will also be able to analyze productivity and security of all the provided services.   
  • Profit is a business platform, where every developer will receive reward in cryptocurrency for the goods or services provided by them. Also, it will work together with Hive for creating smart-contracts and carrying out security checks.  

The ICO details

The platform tokens are called PMNT tokens. The total supply is 1 billion tokens. The tokens will be created using the ERC 20 standard on the Ethereum smart-contracts. The tokens can be exchanged for PMNT. These coins are the cryptocurrency of the platform and can be used within it. The conversion will take place on the Personal Accounts of the users. The ICO will consist of 3 stages. 400 million, 250 million and 200 million tokens will be distributed during these stages respectively. The price of 1 token is 0.015$. The hard cap of the ICO is $50 million. All the collected funds will be allocated in the following way: 40% will go for marketing and expansion, 20% will go for development, 20% will go for the company development, 10% will go to the team, 5% will both go for legal support and diversification.

Join Paymon at: https://ico.paymon.org/

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.

GShare Helps to Expand Adoption of MGO Tokens

MobileGo team claim their products are being developed to meet the needs of both gaming community and blockchain enthusiasts.

Starting today beta-testing of MobileGo brand-new product is available for everyone. What is it and why is it worth attention?

What is GShare?

GShare is a special tool for earning GShare Gold. To make a long story short, it converts your computer power into GShare Gold coins. From some point of view it is ‘mining’, with the only difference –  GShare Gold is not cryptocurrency. GShare Gold is a soft currency to bring new possibilities to gamers, expand existing and also open doors to the world of blockchain, by saying that we mean earning MGO tokens using Gshare Gold. GShare Gold is earned without any extra efforts, user just need to run the app, press the ‘Start’ button and that’s it. User is already in, earning GShare Gold while playing his favorite games, working or doing whatever he wants to. Later on this GShare gold coins can be used on esports platform to participate in tournaments and win MGO tokens. GShare is interesting news not only for gamers. GShare is believed to  write a new page in history of social impact as well. So not only gamers can benefit from using GShare platform by earning MGO tokens for victories, but, people who want to make difference in this world, would be able to participate in socially important activities using GShare Gold. But first things first.

How to use GShare Gold earned with GShare

GShare Gold can be used on esports (competitive) platform that is also available for public tests from now. You can use GShare Gold as a tournament entry fee and earn even more with just personal gaming skill, and not only GShare Gold but the MGO tokens as well. The platform beta-version is already live and ready to use. The platform has been developed specially in such a way that no matter of skill level everyone, even people new to esports can find a decent competitors  and spend some good time playing, be victorious and claim his prize in MobileGo tokens. MobileGo team claims that soon GShare gold would also gain adoption in many other spheres. It is being said that GShare Gold will be accepted on social activities platforms to unite non-indifferent people which desire to change the world and make it a better place, which sounds quite intriguing.

How is GShare useful for MobileGo?

The holders of MGO have another cause for excitement. MGO is being accepted as a payment method in both Xsolla Pay Station and esports platform, which makes its adoption even more massive. The key moment is that players who used GShare Gold to enter the tournaments on esports platform and showed their best play and won can claim their victory bounty in MGO, so MobileGo token has all chances to become desired by numerous gamers around the globe.

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.

Subscribe to The Coin Shark news in Facebook: https://www.facebook.com/coinshark/

“Don’t do it in Beijing”: Chinese Authorities Banned Security Token Offerings

According to Chinese news media outlet Caijing, Beijing government decided to do away with any types of token sales, namely they banned security token offering (STO) in “Northern Capital”.

The statement was announced at the ‘2018 Global Wealth Management Forum’ by Huo Xuewen, the chief of Beijing’s Municipal Bureau of Finance:

“Recently, ICOs have been abandoned, and a new concept called STO has been advertised. With today’s platform, I will make a risk warning to those who are propagating in Beijing and want to issue STO. Don’t do it in Beijing. If you do it in Beijing, you will be taken away from illegal financial activities. When we have the authority to approve you to do an STO, we will say.”

The STO is a friendly-regulated kind of an initial coin offering (ICO). The STOs are enable to possess securities or stakes in business, as well as get the profits from it. The tokens represent tangible assets.

We remind you that China banned all foreign ICOs inside the country back in April this year. The SEC also decided to introduce fines for celebrities who promote scam ICOs.

SEC Is Going to Fine Social Media Celebrities Who Promote Scam ICOs

Subscribe to The Coin Shark news in Facebook: https://www.facebook.com/coinshark/

Blockchain Conference Moscow: Results of Russian Major Crypto Event

On November 20, the heart of the Russian Federation held the eighth Blockchain Conference. Its organizer is the Smile-Expo international company.

The large-scale specialized conference brought together 40 speakers from seven countries, including Russia, Ukraine, Switzerland, Germany, and China. 500 attendees came to hear their presentations and observe the products at the demo zone.

Within the conference, the experts shed light on the industry burning issues – cryptocurrency regulation, influence of digital assets on capital management, and the future of decentralized technologies. Bitcoin rate and its prospects appeared among the hottest topics for discussion at the main stage and on the sidelines of the conference.

“Bitcoin is the main marketer. If Bitcoin grows, so does the interest in it. The same situation can be observed in case Bitcoin drops,” thinks Evgeniy Romanenko, crypto economist and moderator of Blockchain Conference Moscow.

Conference: prospects of blockchain tech and crypto market

The eighth Blockchain Conference Moscow gathered Russian and crypto experts from the leading international companies: PwC Legal (Switzerland), Russian Association of Cryptocurrency and Blockchain (RACIB), Moscow-based GRAD Attorney Bar, Airalab, Center for Digital Transformation at Vnesheconombank, State Duma Financial Market Committee, the St. Petersburg community of blockchain developers, QIWI Blockchain Technologies, and MIOT Blockchain & Guilin Pharma.

One of the speakers was Aleksey Studnev, developer and CTO at Izetex PTE Ltd: the expert shared his opinion on the future of blockchain within the nearest decade.

“Cryptocurrency rate is information noise that has no impact on blockchain operation,” reckons Aleksey Studnev.

He also claimed that the technology would follow the steps of the Internet and would become an indispensable feature of every smartphone. As reported by the expert, this would be the main aspect to affect the volume of the crypto market that would dramatically grow popular.

DarQube Founder Rostislav Haliplii told about the functionality of modern crypto exchanges and the role of artificial intelligence in trade on the crypto market.

“The primary target of AI technologies introduction into a DarQube platform is assisting traders in building revenue-generating strategies. AI can be applied to turn a good strategy into the brilliant one,” explains the speaker.  

The conference consisted of two specialized sections – Fintech (cryptocurrencies) and Blockchain (tokenization and ICO). Among the top speakers, there were Gerbert Shopnik from Bitfury Group, Leader of PwC Legal Switzerland Guenther Dobrauz-Saldapenna, Michael Chobanian from UNA.io, Vice President at RACIB Valeriy Petrov, and Prof Simon Choi from China.

Panel discussions with top speakers

The event consisted of a panel discussion titled ‘Regulation of blockchain and digital financial assets’. The most experienced Russian crypto experts and lawyers took part in it.  

Among them, there were lawyer and expert on international financial and corporate law Maxim Pervunin, Director at OECD Centre RANEPA (the Russian Presidential Academy of National Economy and Public Administration) Antonina Levashenko, Partner at Nektorov, Saveliev & Partners (NSP) Alexander Nektorov, lawyers Alexey Sinitsyn and Maria Agranovskaya, and Advisor to the Federal Chamber of Lawyers of the Russian Federation Helen Avakyan.

“Development of documentation that meets the standards is important, it should also reflect emerging aspects and provide new terminology. Another vital step lies in its application,” thinks Maria Agranovskaya from Moscow-based GRAD Attorney Bar.

The experts discussed cryptocurrency influence on capital management and obstacles on the way of digital money development. The panel discussion was part of the Fintech section. Meanwhile, Blockchain section specialists took part in the panel discussion titled ‘Evolution of the blockchain technology – period of experiments’.  

Demo zone: Mining 2.0 and cutting-edge hardware

Attendees had an opportunity to visit a traditional demo zone to observe products and services of the event participants – Cryptoferma, FAP LLC, DiPlex, GIXCUP.IO, DarQube, Hotmine, NRGMiner, AS1C, Mining-LAB, Bitferma, Quantium, Pacific, WattsOn, and GoWeb.

Particularly, Hotmine presented its equipment for heat generation by means of mining. As reported by the company representatives, heat produced by such devices will be a basis of the future mining.

At the booth of the manufacturer of 51ASIC mining equipment, attendees had a chance to take a look at ASICs, hardware wallets, control boards, power units, main bodies, and cables.

The leader of the Russian mining market WattsOn showcased its new product – ASIC BITMAIN ANTMINER S15. The company also announced the launch of a new pool.

Attendees had a possibility to ask the demozone participants any questions concerning their products, partnership conditions, and even their forecast of a Bitcoin rate.

“Our company was working during Bitcoin’s first and second fork. We witnessed the period than Bitcoin skyrocketed from $175 to $1000, and then from $2000 to $16 000. Everybody poses us the same question – when will it shoot for the moon again? Here is my point of view: as soon as the next halving comes about, Bitcoin will dramatically rise,” commented a Hotmine representative.

Organizers

Blockchain Conference Moscow was organized by Smile-Expo, an international company with a 12-year experience in this sphere, which is 250+ events, 356 000+ attendees, 500+ speakers, and 500+ top exhibitors.

Smile-Expo is an organizer of major conferences dedicated to blockchain and cryptocurrencies. The company has been holding the Blockchain & Bitcoin Conference series across the globe since 2014. The events took place in 25 countries.

The sponsors of the eighth crypto event Blockchain Conference Moscow are the leading industry companies: DarQube (Silver Sponsor), TAAS Capital Fund (Investment Partner), Hotmine (Mining 2.0 Sponsor), Kaplink (Investment Partner), MMGP.RU (General Media Partner), WattsOn (Exclusive Sponsor), and CryptumTV (General Media Partner).

For more information about the event and news in the cryptocurrency universe, visit the official website of Blockchain Conference Moscow.

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.

Subscribe to The Coin Shark news in Facebook: https://www.facebook.com/coinshark/

CryptoWorkPlace: The Safest Innovative System To Protect Personal Data Around The World

Security of the cryptocurrency assets is “nagging pain” of every crypto-related person. To make matters worse, there are only a few options which are likely to guarantee the user a full protection. Yet, even they cannot contest against hackers, who use new methods to penetrate the system faster than anti-viruses can detect that intrusion. Let us look at figures, in the first half of 2018, about $1 billion worth of cryptocurrency was stolen from crypto wallets due to a lack of security measures. So, what should a person do to protect digital assets from white hats? The best solution is to join CryptoWorkPlace.


What is CWP itself?

The CryptoWorkPlace is a decentralized system that is based on a USB flash drive (Micro-PC). The latter is an independant PC with its own operating system (CWP); it requires a keyboard, monitor as a usual computer. The CWP Micro-PC provides users protection against hackers’ attacks, malicious programs and unauthorized access to data.

Although all the information will be saved in internal memory of CWP Micro-PC, it is not just a cryptocurrency wallet or a key storage; it also allows user to obtain the following benefits:

  • multicurrency wallet;
  • chat channels;
  • various trading platforms;
  • others.

Security is the main priority of CWP

All the apps are designed on the donor – isolated environment from PC. The user data, depends on user’s decision, is encrypted on the device to create safeguard against hacker attacks, like phishing, exploit, hack, ponzi schemes, etc.  It is also preferable to use a separate PC running Linux will all apps to use only cryptocurrency wallet on it.

A CWP user is able to block, remove, delete all the data saved there if the device is lost or damaged. A new device may be attached to your account restoring all settings and programs from the previous device.

Token pre-sale details

The token pre-sale has already started. The token is CWT-P, which is created only for pre-sale, TGE participants will be able to exchange CWT-P token to CWT ( 1 CWT–P = 1 CWT). The token is developed on the the Ethereum platform. CWT-P costs $0.12 per coin. The total token supply is 500,000,000 CWT, the amount of tokens available for pre-sale is 15,000,000 CWT. The soft cap is $240,000, the hard cap is $1,800,000 for pre-sale. The currencies accepted include BTC, ETH, and others

If you are interested in this project, please, follow the link and buy CWT-P tokens.

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.

Subscribe to The Coin Shark news in Facebook: https://www.facebook.com/coinshark/

SEC’s Jay Clayton Talks Crypto: What Future Awaits for the World of Digital Assets?

The chairman of SEC Jay Clayton made his appearance at Consensus, the event organized by CoinDesk. Together with his colleagues and fellow experts, Clayton spoke about the future development of cryptocurrencies in the US, details of its regulation and plans of the Commission.

Here are the most important points of his speech:

1. Regulation of crypto exchanges.

SEC firmly believes that the infrastructure of the current cryptocurrency exchanges is not powerful enough to guarantee the safety of customers’ funds. Thus, the regulation of crypto trading platform might become way stricter in the future.

2. ICOs will not escape from SEC

Clayton and the other chairmen emphasized the fact of their close attention to the startups that go on token sales. The number of scam projects uncovered by the Commission is pretty big now and it will only keep growing.

We remind you:

More Than a Dozen Fraud ICOs Were Shut Down by the SEC in 2018

3. Bitcoin ETF is a no-no

There has been a lot of speculation recently regarding the infamous topic of Bitcoin exchange traded funds. Despite all the rumours, it seems unlikely that ETFs will ever be approved.

I know there are a lot of folks who would love to have the ETF approved but I don’t think that’s very likely,” one of the chairmen stated.

Thus, we can definitely see that the Securities and Exchange Commission is not playing games, and the crypto industry will feel its influence quite soon.

Subscribe to The Coin Shark news in Facebook: https://www.facebook.com/coinshark/

TOP 10 Blockchain Startups 2018

The Coin Shark presents its regular column TOP projects. This time we formed a list of 10 projects based on blockchain, which surprised us this year with their decisions. Who knows, maybe next year they will become one of the most famous blockchain platforms, so today it is worth looking at them more closely.

1. W12

W12 mission is to minimize risks and increase the profitability of investing in projects at the initial stage globally. In its turn, the W12 platform provides projects with the opportunity of raising funds at no costs and without special technical expertise by creating an environment for projects in which the path from an idea to a profitable business would be as short as possible.

W12 vision is to become the most significant global platform that would change the established centralized project fundraising ways limited to geographical and political frameworks and would give private investors access to the creation of projects based on the new millennium digital economy and to the building of a global future.

About the project: https://tokensale.w12.io/

Whitepaper: https://tokensale.w12.io/W12-en.pdf

2. ADAB Solutions

ADAB Solutions is developing the FICE – First Islamic Crypto Exchange, based on the norms of Shariah law. As a result, the implementation of the ADAB Solutions project will create a global infrastructure that functions on the principles of Islamic finance, and the community that regulates the development of Islamic crypto-economics. ADAB Solutions will solve the problem of halal cryptocurrency transactions, providing access to the cryptocurrency market for the Muslim Ummah , which accounts for 22% of the world’s population and manages Islamic financial assets with a projected volume of 3.8 trillion USD.

About the project: https://adabsolutions.com

Whitepaper: https://adabsolutions.com/pdf/WhitePaper_of_ADAB_Solutions.pdf

3. CryptoWorkPlace

CryptoWorkPlace — decentralized system based on a personal computer the size of a USB flash drive, providing unprecedented protection against hackers’ attacks, malicious programs and unauthorized access to data. There are currently a few options on the market that allow you to protect your cryptocurrency wallet by keeping the keys in a separate device that connects to your PC. That being said, with the current rate of technological development, even if your PC has an up to date anti-virus, one can never be fully confident that it is impenetrable. Hackers can come up with new ways to penetrate your system faster than anti-viruses can come up with the right “medicine” for the attacks. Before long, you can lose access to your cryptocurrency wallet, and thus your money.

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

Whitepaper: https://cryptoworkplace.io/file/CWP_White_Paper_en.pdf

4. Elements Estates

Elements Estates is a decentralized platform specializing in the field of real estate. But there are hundred of projects like this – you can say and you will be right. However, this project is one of a kind and differs from all of its competitors by the fact that it is meant specifically for the distressed market. Providing services starting in the states of Southeastern Europe region (SEE), Elements Estates is going to set up a private fund for acquiring and maintaining property as backing asset for their unique currency- ELES token. Through exclusive use if the token as mean of payment for this properties and lock-down period connected with transactions contributors and token holders can expect profits even in bearish market.

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

Whitepaper: https://elementsestates.io/ElementsEstates-whitepaper.pdf

5. Betbox

Betbox is a blockchain-based platform meant for people who are fond of gambling. This is a quick, safe and transparent way to create and run decentralized apps and engage in the life of the ecosystem. The users of Betbox also have an opportunity to share their unique vision and ideas, in return they will receive OX tokens. Moreover, they will be able to compete with each other or take part in different events. All the activities, like jackpots, will be powered by the blockchain technology.

About the project: https://betbox.app/

Whitepaper: https://betbox.app/required/lightpaper-v1-betbox-decentralized-betting-app.pdf

6. Fidelium

Fidelium’s Fortress Online Trading System (OTS) offers a way to ameliorate price difference by providing access to different exchanges around the world within a single platform. You will be able to check different prices a certain coin is trading at different exchanges, determine which exchange offers the best price, and make appropriate trades at whichever exchanges you want.

Having access to different exchanges around the world has never been so important in the cryptocurrency market. 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.pdf

7. InnovaMinex

It is an innovative business model that uses blockchain technology to guarantee the traceability of precious metals. By applying a set of procedures, it is possible to certify the whole process, from its origin in the mines, to the refinery and the commercialization to the end consumer. This commercialization is done through their e-commerce, partner stores and their own ATMs.

This will allow buyers to verify the origin of the metal they have acquired, insuring that the extraction is legal, that the environment has been protected at all times, or that it cannot be used for money laundering, since all transactions are registered and the whole community has access to them.

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

Whitepaper: https://innovaminex.com/docs/whitepaper-en.pdf

8. AirPod

AirPod is introducing the future of the travel and napping industries. It is changing travel and napping experience by providing private place in the hearth of public space. There are implemented features such as Free Wi-Fi, high quality seat that transforms into a bed, Air Condition and much more. Revolutionary sleeping pod with self-expanding business is based on internal fast-growing crypto economy. It is the opportunity for one of the world’s most profitable and stable crypto passive income prone to bear market.

About the project: https://air-pod.io/

Whitepaper: https://air-pod.io/wp-content/uploads/2018/02/AirPod_Whitepaper_A4.pdf

9. Capverto

Digital currencies and blockchain are a good solution for many spheres, and the banking industry is no exception. Due to their decentralized nature, these technologies can simplify financial life of a regular person. This is the main concept of Capverto. Capverto is a decentralized crypto exchange which can totally serve as a bank while providing services of a much higher quality than a regular financial establishment. The platform works on the system of prepaid cards which is simple, transparent and totally user-friendly. Such an infrastructure can become an innovative way to connect fiat and crypto worlds, get rid of all the disadvantages of traditional banking system, provide pleasant experience for participants and also back up the intra-platform currency – CAP tokens.  

About the project: https://capverto.com/landing

Whitepaper: https://backend.capverto.com/Docs/CAPVERTO_WHITE_PAPER_EN.pdf

10. OPP Open WiFi

OPP OPEN WIFI is a platform based on the blockchain technology. Its concept is utilizing all the unused data from monthly plans and create an ecosystem where some people can share their “extra” WIFI with others and receive rewards in OPP tokens, whereas other people can get access to free and quick WiFi connection.

How does it work?

– You get a special router from OPP OPEN WIFI or download a free mobile app.

– You set the amount of data you would like to donate and activate the router/app.

– Receive your tokens.

About the project: https://www.oppopenwifi.com/

Whitepaper: https://www.oppopenwifi.com/oppwhite20180627.pdf

Subscribe to The Coin Shark news in Facebook: https://www.facebook.com/coinshark/