One Loyalty Network RUCOIN LOYALTY 1166

RUCOIN cryptocurrency and the One Global Loyalty Network are aiming to be a bridge between virtual currencies of the digital world and world-known brands’ bonuses/discounts of the real world.

Now consumers don’t have to combine different rewards and loyalty points, they can just use RUCOIN in the Global Loyalty Network, receiving goods and services that are necessary for them.

Loyalty network offers:

Consumers: the wallet with the RUCOIN account, which shows the RUCOIN fiat equivalent. The list of goods available for purchase for RUCOIN under the loyalty program.

For brands: the opportunity of exponential development of the partner loyalty network. This will reduce their balance obligations by means of use/repayment by consumers.
Manufacturers and brands willing to acquire new customers can also become members of RUCOIN LOYALTY.

Owners (of applications/websites): a convenient and meaningful way to reward users for their involvement without the need of creating and managing the rewards system.

Loyalty network offers:

RUCOIN token is a token on ERC20 integrated into ThePower network. It will be a means of exchange and use in the system. Being a cryptocurrency, the RUCOIN token will provide unlimited, safe and secure transactions between partner brands around the world. In addition, RUCOIN will also act as an exit point for site owners who try to attract users. This model will lead to the consumer base growth in the ecosystem, which will result in transactions increase.

The key components of the proposed solution will be RUCOIN, namely the Complex of Interaction between the Clients and the RUCOIN LOYALTY Network.

The RUCOIN tokens are the reserve/primary currency for the entire ecosystem, which will become a means of exchange for any transaction in RUCOIN LOYALTY, just as the US dollar is the currency of the global reserve or the base currency that facilitates international trade by the general exchange rate. Using the RUCOIN token, partner brands and manufacturers can establish the exchange value for their rewards bonuses. Due to the RUCOIN token, repayment will be governed in the ecosystem.

During repayment/use of rewards bonuses: When a user from a partner brand or sites uses his bonuses in a global rewards network, the corresponding brand or site will charge a fee for the exchangecost together with the commission for the transaction (0.01%) of providing the use opportunity. The fee will be transferred to the brand that has shown the products in the bonus program for use/repayment. There will also be a 1% interest payable by the brand for increased sales due to RUCOIN LOYALTY.

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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

The Chinese Crypto Rating Welcomes New Coins While EOS Remains #1 226

chinese crypto rating

Taking into account all the crypto novelties, China Electronic Information Industry Development updated its previous ranking of the best digital coins. Some cryptocurrencies managed to keep their position or even climb up, others lost their ground.

The list of the best 5 coins currently looks in the following way

  1. EOS
  2. Ethereum
  3. Komodo
  4. Nebulas
  5. NEO

Ethereum and EOS are keeping their positions, they once more proved to be best in terms of technology, application and innovativeness. The “lucky” coins of the previous rating Lisk and Stellar have both lost 2 positions, whereas Bitcoin has climbed from the 17th to the 10th place. However, the next rating might change the things drastically.

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Ripple Wonders Why The SEC Has Not Come Up with Cryptocurrency Status Yet 329

crypto status

We all remember the loud statement of the Securities and Exchange Commission which clearly said that the world’s two most popular digital coins (Bitcoin and Ethereum) do not comply with the definition of a security. What about other altcoins?

The representative of Ripple contacted the SEC not so long ago, asking why they have not yet determined the official status of cryptocurrencies. In response, the Commission’s spokesperson stated:

The SEC has not made a determination as to whether any specific cryptocurrency may be deemed a ‘security’ under the federal securities laws.

This answer is not quite informative, thus, we only have to wait upon the decision of the SEC.

We remind you that the SEC will take the decision concerning Bitcoin ETF in September of this year.

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Õpetfoundation – Advancing Global Education-Inclusion 542

Utilizing Blockchain, AI & Chatbot Technologies to Enable the Equality of Opportunities through Education

Õpetfoundation is building a one-true source of global high school tertiary/college admission records with our unique Õpet-Blockchain solution, to facilitate seamless tertiary application and admission process.  

Imagine a day where students only need to provide a hashkey to the college they apply to and using our OPET Tokens, the institution can access all the information they require – secure, accurate and tamper free!  This ledger can only facilitate a new age of transparent and accountable edu-philanthropy with no leakage, where donors purchase tokens from independent crypto-exchange and transfer directly to beneficiaries with transparency into their app-usage patterns and records for subsequent sponsorship!

How do we populate our global ledger?

By utilizing adaptive AI recommendation engine, typically seen in Youtube, Netflix or Spotify, Õpetfoundation is developing a mobile application chatbot to serve as an affordable learning companion to students in global high schools, and learn about the user through reliable records submitted by the user, thereby recommending them global options for effective college counselling delivered via our contextualized chatbot.  To ensure longer period of engagement to “learn” more about the user for better recommendation, the AI adaptive engine can also “learn” the local national/matriculation exam curriculum to deliver an affordable digital test-prep tutor companion with a range of capabilities including personalized recommender, a unified channel for interests, tertiary/college and career counselling.

The Õpet ecosystem is designed to be open-loop for exponential scaling as we expand our operations “Uber-style” from one country to another, “learning” and offering our digital services for the high-schoolers in that geography and on-boarding them into the ecosystem for Network Effects to work its magic!

A pristine sector with vast opportunities

Education is a global evergreen industry. Worldwide expenditures rose to an estimated $6 trillion in 2016, with spending on higher learning forecasted to rise eight percent this year to $2.05 trillion. Year-on-year growth in demand is fueled globally by population growth and an expanding middle class in Asia and Africa. The target addressable market is huge by any measure.

According to a report published by Citigroup in July 2017, the total K-12 global market is estimated to be $3 trillion, with a post-secondary market estimated to be $1.5 trillion. Õpet has a specific target audience in high school students, at the cusp of making their tertiary choices.  With its Singaporean pedigree, Õpet (which originates from the Estonian word Õpetaja that means learn/teach) is determined to build a learning platform that embraces inclusive education for global students, and expanding horizons and tertiary options for the students with constructive conversations delivered via its Õpetbot.

Solutions for an industry with actual demand

With an industry that is continuously regenerating, Õpet is expected to be bathing in incremental demand for its services. As mentioned, it targets a specific group of consumers who already has a pressing need for its digital tuition companion services. The platform will offer academic assistance tailored to align with what is required of the national/matriculation exams, granting students with a smart way to revising effectively and acing effortlessly.

This crowd-funding duration in 2018 will be a crucial period in Õpetfoundation’s development of a decentralized learning platform powered by blockchain and artificial intelligence. Consider a one-true source of high-school records powered by our unique hyperledger-ethereum blockchain solution for secure, seamless and convenient tertiary admission process, for both students to apply and tertiary admission offices to verify.  With its goal of delivering social good through inclusive education that is both personalized and affordable, the learning platform will likely be a long standing one substantiated by burgeoning intrinsic value.

A network engineered to stimulate token usage

While the Opet Token (OPET) serves a myriad of applications, its core features revolve around network incentives incorporated to stimulate token usage. The Opet Token will work as a sweetener, encouraging students on the network to contribute revision notes and relevant and curated online content in return for the staked tokens. At the same time, college admission offices in need of third party affirmations will be offered the option of purchasing testimonies and other academic data from the network using the Opet Token, presenting them a more efficient way of validating accreditations.

More than that, philanthropists can leverage on the security, accountability and transparency nature of Õpet’s unique blockchain solution to transmit Opet Token donations safely to their beneficiaries without the fear of corrupt intermediaries. These network incentives will be the driving force to progressively, and sustainably propel Opet Token’s valuation in the market.

Highlights

Strategic partnerships

University of Cambridge Judge Biz School’s Psychometric Center – Working with Cambridge’s researchers to refine their Personality Profiling Tool to be embedded in our AI recommender engine for effective AI tertiary/ college referral

American University of Central Asia, which is supported by George Soros’ Open Freedom Society, Andrew Carnegie Foundation and Several Supranational and more recently,

World Capacity Builders (WCB), a Canadian Impact Investing Fintech organization with vast resources and network to global leaders, in talks with Philippines Ministry of Education

JBS International College – Affiliated to Jamiyah Singapore, part of ÕpetFoundation Corporate Social Responsibility effort to roll out services to assist under-privileged Malay students in SG

Milestones

Selected top 5 among 30+ crypto projects in San Francisco’s Blockchain Economic Forum Pitch Competition

Recently announced a US$2m (~4,000ETH) (with top up rights of additional US$2m) participation of Pecunio, a UAE based crypto-VC fund as part of their Seed Portfolio and a US$1.5m (~3,000ETH) with top up rights of additional US$1.5m participation by Genesis on Digital, a Malaysian-based Crypto and Blockchain Adivsory Boutique

Awarded the Top 10 Asia-Pacific Machine Learning Solutions Provider Award by CIOAdvisor AsiaPac magazine.

Secured Listing on Exchanges – LAToken and GBX (Passed Strict Legal Compliance Exercise)

Õpet’s private sale is ending, with early bird rewards offered in the form of bonus tokens.

To show your interest in Õpet’s private sale (minimum 50 ETH), reach out to its management team at ico@opetfoundation.com. Or to KYC/whitelist for the public pre-sale (minimum 1 ETH) on 1 September 2018 onwards, please visit kyc@opetfoundation.com.

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.

A Crypto Movie with Kurt Russell Will Soon Come Out 488

crypto movie

As we reported earlier, Hollywood started working on a film directly involving the topic of cryptocurrency. The producers have recently disclosed a couple of interesting details about this movie, besides its star-studded cast.

The plot of this thriller will wheel around the complicated world of money laundering, fraudulence and scams involving digital currencies. The main character, played by Beau Knapp, is going to unravel the dark secrets of this world.

The producers admit that they don’t have enough knowledge about crypto and trust specialists to handle the technical part, however, they have overall positive comments about it:

We hope it lasts for a long time…That’s one of the reasons why we wanted to do the film. We’re not into fads. We hope it stays around for a long time.

The official release of the movie is scheduled for 2019.

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The Viewers of Adult Videos on Pornhub Will Receive Cryptocurrency Rewards 2652

Pornhub

The company Tube8, owned by the popular adult entertainment site Pornhub, is planning to move onto blockchain and tokenize the platform completely. To do so, it will be cooperating with Vice Industry Token.

The visitors of the Tube8 will soon get a chance to receive tokens for performing certain activities on the platform.

The purpose of this upgrade is mainly keeping the viewers. The representatives of Tube8 believe that a regular viewer just watches a couple of videos and leaves, whereas if he/she can potentially be rewarded for doing this, it will be encourage the person to register an account or at least return to the site afterwards.

We would like to remind you that Pornhub has recently started accepting crypto as a payment option for its premium account.

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Buterin, Winklevoss and Others: The Future of the Digital Currency World According to Major Crypto Personalities 1472

experts opinions on crypto

The crypto world has entered the new stage of its development, it has always been volatile, but these couple of weeks have been absolutely crazy: coins are jumping up and down, Bitcoin ETF is on its way, blockchain is taking over the world.

No doubt, crypto specialists and financial experts have a lot to say. Today we came up with a compilation of sayings from the stars of the cryptocurrency universe that we found particularly interesting and important.

The CEO of the crypto exchange Gemini, Tyler Winklevoss believes that the acceptance of cryptocurrency in the world as a means of payment equal to fiat will not happen in the next couple of years:

The vast majority of Wall Street firms are still not participating in the cryptocurrency market, which remains primarily a retail-driven market. This will change over time, but it will take time.

Pantera Capital’s CEO is way more optimistic on this issue. He sees great potential in the blockchain technology, and digital coins, according to him, are “superior form of currency.

Ethereum’s founder Vitalik Buterin wants cryptocurrencies to become more user-friendly and common in the everyday life. He also thinks it may become possible only in case the proper regulatory framework for crypto is developed by the state governments.

I want to be able to walk into a convenience store, get a card and pay a small fee to start using Bitcoin Cash,” he said.

The last, but certainly not least, is the CEO of BitMEX, Arthur Hayes, who has some serious doubts concerning Ethereum. According to his calculations, the price of the world’s #2 coin will drop lower than $100.

It is this moment,” he added, “that Ether goes from a 3-digit to a 2-digit shitcoin.

Although we are sure that experts know what they are talking about, the crypto world is way too unpredictable. We can only wait and see whether the abovementioned predictions turn out to be true or not.

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