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Showing posts with label Crypto News. Show all posts
Showing posts with label Crypto News. Show all posts
Electricity is crucial for ‘Crypto Mining’ and this is one of the major reasons that Chelan County Public Utility District or PUD from Washington has proposed a new plan. As per this plan, there shall be a completely new structure of electricity pricing for all Cryptocurrency Miners.


Rise in Electricity Bill for Cryptocurrency Miners

Cost of increase in electricity demand has to be borne by none other than the miners; so that others are not affected by it.

While Cryptocurrency Miners would not have to deviate a lot because the base structure for electricity pricing remains similar to which these Miners are used to paying. Reasons for such a drastic but a well thought out process is that ‘New Electricity Rate Structure (according to Schedule 36)’ has been done keeping in view ‘variable load that associates with Cryptocurrency Mining’.

Accelerated Costs

Costs have shot up, however, Kimberlee Craig, Public Information Officer noted the reasons for this difference stating: it is important that rate structure captures cost apart from protecting investments for customers. These customers are none other than the ones who have gone on to invest huge amounts in the system.


Upsetting Situation Hangs Over Cryptocurrency Miners

Hearing this latest trend of modifications from the officials at Chelan County Public Utility District, Washington, it was as a matter of fact: disheartening to agree with price change for miners. Though it becomes a necessity to recover money for the investments still it came as a surprise to the Miners of Cryptocurrencies!

What are these Investments? As for the investments that we are speaking here, Kimberlee Craig, Public Information Officer of Chelan (PUD - Public Utility District) clearly said that these investments are some of the fixed expenses of PUD. These also inclusive of ‘accelerated cost of infrastructure investment in the system’. This reference has cleared the air to a great extent. There is however, an air of disagreement from a few sections of the society.


Curbing illegal or unauthorized Cryptocurrency Miners had to be done and thus Chelan PUD enforced ‘Moratorium on Cryptocurrency Mining’. This suspension or ban on Cryptocurrency Mining has been witnessed in many states. Some of these said states have put up a ban on even Cryptocurrency Operations leading to complete ban.

If we look at the city of Ephrata, Pennsylvania, ban on Cryptocurrency Operations had been in place for close to a year now in this place. And same is the case with the Government of Quebec wherein it imposed a ban on sale of electricity to the Cryptocurrency Miners. This ban turned out to be a temporary one imposed somewhere in the month of May, or to be exact in the end of May.

Catch and Found

It was in April where PUD officials found unauthorized Cryptocurrency Miners and post the usual official proceedings, on 7th of November, Chelan PUD announced an absolutely new system of pricing as far as the Cryptocurrency Community is in question.

It is now to see what would this price change lead to with the residents of Chelan and Cryptocurrency Miners (community) in particular!
It seems to be snowing Cryptos and Fortnight V Bucks this Christmas! Yes, you read it correctly, as per statistics and surveys having been conducted recently, people, especially today’s generation slowly has begun to shift towards the new age of Christmas gifting ideas. Agreed that is not a bad part as such but hey have you ever wondered as to why people of an era earlier or at the least, a few generations before never happened to look up to cryptocurrencies as a gifting possibility?


Savings

Though people from the 1960’s had enough sources to invest still they preferred other gifts over cryptocurrencies. However, things have changed with the passage of time as now most of the Americans feel that it is in greater interest to gift Fortnite or Cryptocurrency! Both of them are virtual currencies while one of them is from Fortnite, a popular video game.

Fiat versus Cryptocurrencies

Fiat was and still is a great medium of exchange; reasons being it is approved by the Governments directly yet there has been a slight shift with the way there has been an advancement in currencies.
The generation today, does not have an issue when they use cryptos rather than traditional fiat even during ‘the gifting for Christmas’!



Digital Assets

These days, digital assets are given more importance and hence people tend to invest a lot in them. While on the other hand, if one notices a bit more carefully then one can find that Cryptocurrencies have to a large extent become another of the best sources of ‘medium of exchange’.
This gives rise to the idea that cryptos are the next form of digital asset that has crept into the lives of people.

Fortnite’s Story of How to Keep People Glued to Fortnite V Bucks!

It is quite unlikely that a firm shall make use of forcible techniques to keep people locked down to using only its currency. Fortnite has, however, made this switch without creating any sort of errors so far.

As we speak, Fortnite has ensured that its participants utilize only V buck to pay not only for outfits but also for in-game upgrades. Outfits that they will be buying shall be worn by characters in Fortnite. And when refunds are in question then they shall be made only in Fortnite V bucks thereby giving leverage to V bucks over Fiat.

Some of you may have very well heard that slow and steady wins the race; same is the case here!

Final Word

As per the survey recently conducted or even a study that Piper Jaffray conducted, many teenagers have felt that it is high time this switch has been made, strongly supporting a trend wherein teenagers from America have Cryptocurrencies and/or Fortnite V Bucks in their ‘Christmas Wish Lists’ rather than the same old Fiat.

Question that has risen due to this shift indicates: how would organizations react to this situation or would they allow for ‘Christmas gifting ideas change its base’?

Watch out for this space for the latest updates on ‘changing trends in crypto world’.
DataXChain ICO Review, Blockchain, Cryptocurrency

Introduction


DataXchain is a Blockchain-based decentralized data trading platform powered by Deep Learning technology. It brings together data owners and data users and provides data owners the chance to monetize their personal or created data, and gives data users a chance to buy and use any kind of data they might require for their business or personal purposes. The platform will allow individuals to have complete access to their personal data and own the right to share them to individuals and companies and get rewarded for that.

The process is pretty simple. Data owners will upload their data, which can be in the form of a text, a video, an audio or an image, in the platform which will go through some labeling process and then the Data Matching technology will match the data to a Data user as per their requirements and they then will buy the data from the platform. The transaction will be completed using DataXchain's utility token DXCT which are then transferred to the Data owner for sharing his data with the Data user.


Vision


We live in a complete technological and data-driven community where every single action collects and uses some kind of data from us. Whether we use a social network, shop online or utilize a navigational app, each one of them would collect some sort of data from our actions which are stored by third-party and centralized entities where we have no control on them nor any access. Our data can be sold or used for any purpose those entities might please which might not be good for us, nor we would get anything in return for that.
DataXChain ICO Review, Blockchain, Cryptocurrency
DataXchain aims to remove that gap and let the individuals utilize their own data the way they want. If an individual wants to share their data with an entity, they may do it willingly using the DataXchain platform while getting paid for doing that since their data can surely be useful for someone out there who is always ready to pay for it to use it for their own purposes.


Some Features of the Platform


Data Matching


Data Matching is a process that matches a Data owner's uploaded data with a Data user by the preferences set by the Data user. The process makes sure that the relative data reaches the correct destination. Users can also search for data and preview the data before making a final decision.

Data Wallet


It is sort of a wallet that would allow a user to store their data along with their assets on the platform. The data then can be uploaded and traded on the platform from the wallet. The users will be able to see the potential value of the assets they own as well as see the history of their transaction through the wallet.

Data Enrichment


Data Enrichment is a feature that transforms raw data into defined digital assets making them more precise. The process takes the data through a tool called X-Labeler that can capture the smallest details of an image or a video and making it easier for the Data users to find what they are looking for since the data would have more labels attributed. It would also make it faster for the Data owner to get their data traded faster since the matching would be quicker after this.

Data Deep Learning


It is an artificial intelligence technology that deeply learns the data and automatically analyzes and verifies them without involving any human activity. The process checks the quality and appropriateness of the data before letting them be listed in the platform. The data model outputs are stored in the DataXchain's blockchain after the process.


Token Information


Details


Symbol: DXCT
Price: 1 DXCT = 0.0003 ETH
Hard cap: 135,000 ETH

Distribution


Total Supply: 1,000,000,000 DXCT


Crowdsale: 73% (730,000,000 DXCT)

TOBL Foundation: 15% (150,000,000 DXCT)

Team & Advisors: 10% (100,000,000 DXCT)

Bounty: 2% (20,000,000 DXCT)


Project Links














Author's Details

Bitcointalk Username:
Raihan Shakeel

Profile Link:

Eth Address:
0x3c811A667C9A129911c7dad7238194C5F49b5cB5

Revolution and change have been the most power packed words we adore and fear at the same time. With time, change becomes inevitable; thus, industrialization was a turning point of a whole new era for many of us. But have we ever wondered as to where would this stop? Or is there any way to throw together traditional and new techniques?

Of course, there are many ways to do this but everything boils down to one thing which is: is it worth the trouble?

The Emergence of Bitcoins and Blockchain

Post industrialization, one aspect that caught imagination of folks was this: Blockchain built to establish Bitcoins. Interesting though it may sound but somewhere down the line things got a bit tricky leaving a trail of thoughts.



Here, we speak about the initial idea of building a Blockchain, meant solely for Bitcoins. Time, however, took it to different places and now we find Blockchain being used in departments one could never think of. This leaves us with a question… has Blockchain worked for the best or not?

Money vs Cryptocurrency

Money, in simple definition, is a tool through which goods are exchanged, it is also recognized by the Governments across the globe. On the other hand, Cryptocurrency is based on Blockchain and still has not been recognized by any Country’s Government. Here comes the major difference!



Any reasons?

Reasons are abundant for not providing Cryptocurrency the platform it expected, one of them being Cryptocurrency (it may be Bitcoin or Ethereum or any other crypto) is decentralized to a great extent. This causes a clash thereby giving rise to good vs evil (in some cases). If you look around then you understand that most of the time, wrong doers try to find an escape route to finance their deeds.

Here it is, that most of them opt for Cryptocurrency as they do not leave a trail. Transactions turn easier than expected.

It was never this straightforward before though.

With Governments not identifying cryptos as a legal currency, it was bound to take a step back and hence one might very well observe that there has been quite a downfall of working of cryptocurrencies; some of them clicking whilst others struggling to stay at top of the game. From the very beginning, somewhere in 2017, there was a surge of investment from different corners of society, leading to a boom in cryptos; one, which had not been seen before.

Like a bubble bursts, Blockchain also burst only to reveal its true self wherein people could use it in numerous fashions * (in fields, making their work trouble free).

Never Ending Art Form

Aha! You may say this, Blockchain has led a revolution of its kind turning tables for what ‘money’ stood for. It did make banks in Japan to utilize it for making ‘Money Tap’, a domestic payment app. This got approved only after financial regulations were followed.

And so there might never be a dearth of Blockchain’s use, it is best if we use a wait and watch policy, for now, to decide future of Blockchain with its link to the biggest turnaround of the century ‘the Cryptocurrencies’.
Nodvix ICO Review, Blockchain, Cryptocurrency

Introduction

NODVIX is a decentralized, self-regulating, 24-hour broadcasting platform that is built to provide interesting and relevant video content to its users according to their interests. No need for KYC and no governmental censorship makes it the best environment for video content makers, advertisers and viewers altogether.

The platform uses Torrent-Nodes on its blockchain to complete all the processes which make it totally decentralized. Content makers will create and upload their content on the platform which the Torrent-Nodes review, rate and categorize according to the nature of the content. The advertisers will submit their advertisements which would also pass through that process. Torrent-Nodes will then generate a hash that will contain a wallet address where the funds paid for advertisement are sent. The Torrent-Nodes will adjust a relevant advertisement into the content and publish it to the category it belongs in the network. The users then can watch the content on the platform, any hour of the day, anywhere in the world.

NDVX is the utility token of the platform which will be used for the payments on the platform.


Vision

An extremely vast majority of users on internet use video content platforms to watch any type of content, which even contain advertisements. Those advertisements are barely relevant to the content being watched, nor they are of interest of the users all the time.
The platform also charges too much to advertisers to include their promotions into the content.

NODVIX aims to finish all these hurdles of the video content ecosystem by providing content makers a way to earn the most of the profits generated by the advertisements inserted in their content, and gives advertisers a cost-friendly platform for promoting their products and services. The viewers will also not have to watch advertisements that are not of their interest and will only see advertisements that are relevant to the content they are watching.

Some of the advantages of NODVIX over other video broadcasting ecosystems

  • The platform doesn't require expenses of offices, banking services or any equipment since it is decentralized and operates with only smart-contracts and the NDVX utility token.
  • Its self-regulatory system removes the requirements of a team of professionals to review and improve the content or the technology used. The decentralization does all the work while being totally fair with all the parties in question.
  • The P2P technology leaves no restriction on the choice of content or channels you wish to watch. It doesn't require any licenses for the platform is completely decentralized.
  • There are no chances of technological risks or any technical accidents which usually cause economic losses to the ecosystems.
  • The platform is totally secure from DDoS attacks or other similar online threats.


Token Information

Details

Symbol: NDVX
Price: 1 ETH = 15,040 NDVX
Soft Cap: 1,500 ETH
Hard Cap: 20,000 ETH


Distribution

Total Supply: (will depend on the funds invested in Crowd Sale)


Pre-ICO and ICO: 75%

Reserved: 9%

Bounty: 4%

Team: 12%



Project Links


Auther's Details

Bitcointalk Username:
Raihan Shakeel

Profile Link:

Eth Address:
0x3c811A667C9A129911c7dad7238194C5F49b5cB5
BitcoinBing ICO Review, Blockchain, Cryptocurrency


Introduction

BitcoinBing is a uniquely-constructed decentralized cryptocurrency exchange that provides features to its users that no other cryptocurrency marketplace has ever provided. Its key features, like Customizable interface, Peer-to-Peer trading concept and Powerful trading engine which can handle up to 1,000,000 order per second, makes it totally different from its competitors around the trading ecosystem.

The platform allows its ICO investors to trade on the engine without paying any transaction fees which means that if you are an investor of BitcoinBing's ICO, you are free from transaction fees on the platform, and also, you would receive additional bonuses over time if you are one of the holders of Bing token.

The platform is for users coming from any race or any part of the world no matter where they are from or what their language is. BitcoinBing is a multilingual platform which means that unlike other exchange platforms, it is not limited to only one or a few countries, but it will be available for users from any corner of the world.

Vision

Cryptocurrency trading platforms mostly don't allow their users to customize their interface, nor they exempt them from paying transaction fees which are mostly the concern of traders if they are high. And most of all, none of the trading platforms until now have allowed peer-to-peer trading between the users.

BitcoinBing's goals are to provide a secure, reliable and strong trading platform with all these unique features to crypto traders to increase the usability of the crypto trading and gain mass adoption through the uniqueness the platform provides. 



Some Key Features of BitcoinBing

Multiple Currency Pairs


The platform allows multiple currency pairs to be traded by the users which removes the tension of a trader to move to another platform if they are willing to trade one of their coins against a currency that is not available on the same platform.

A Full Stack Trade Desk

The Desk will let the users calculate the risks before trading anything seeing the parameters of the transactions. It will also show the total assets they have and allow them to calculate their profits. The Desk will also have a trade calculator that will give the results of trades receiving the parameters from the users.

Desktop & Mobile Friendly

The UI is designed to be used on both Desktop and Mobile devices. Since the usability of trading platforms on mobile in increasing, it is very important to give them the same features and looks the users on the desktop get. The optimization of the platform is done in a way that it can be used on different operating systems on both Desktops and Mobiles.

Customizability

BitcoinBing has made its interface customizable for its users to give a different user experience for the traders on the platform. The traders can personalize the look by their own preferences while having all the features as they are. The customization can be done on any operating system the platform is available on.

Token Information

Details:
Symbol: Bing
Price: 1 Bing = $0.50
Soft cap: $4,000,000
Hard cap: $40,000,000
Total Supply: 1,000,000,000 Bing
For Sale: 150,000,000 Bing

Funds Allocation

Marketing: 50%

Administration: 20%

Development: 10%

Legal & Compliance: 10%

Partnership & Bonus: 10%

Project Links










Auther's Details

Bitcointalk Username:
Raihan Shakeel

Profile Link:
https://bitcointalk.org/index.php?action=profile;u=2285280;sa=summary

Eth Address:
0x3c811A667C9A129911c7dad7238194C5F49b5cB5
Ethershift ICO Review, Blockchain, Cryptocurrency

Introduction

Ethershift is an exchange platform that provides a very easy and quick exchange of ERC-20 tokens to its users at the exact market rate with only the trading fees. The platform lets the token holders to exchange their tokens at the very early stage after the end of a project's ICO, and it lets the ones willing to invest in a project whose ICO they missed and they don't want to wait for it to get listed in an exchange.

Ethershift token holders will have the chance to get a share of the 50% revenue Ethershift earns through the transaction fees which is airdropped to the users after each quarter.

The exchange process is very simple. A user gets a special address for any token they want to receive in exchange of the tokens/coins they are willing to send. The users then send any amount of tokens/coins to that address, and in return, they receive the equivalent of the token asked in the wallet they have sent the tokens/coins from.

Vision

The decentralized exchanges like IDEX or EtherDelta, that are present in the token ecosystem right now are also used for the sole purpose of exchanging tokens to ETH or vice versa, but their usage is not so easy that any individual, who is not so knowledgeable about all these things, can easily use them to fulfill their need. That is why, Ethershift wants to provide a totally different concept to token holders or token buyers to interact with the market without any hassle, and be a part of any project they would like to be, or get their hands out of them as soon as possible.

Ethershift aims make it very convenient for investors or token holders to exchange their holdings between any other token they wish to have and get rid of what they don't want to keep anymore.

Ethershift ICO Review, Blockchain, Cryptocurrency

Ethershift Scan&Go

Ethershift Scan&Go is a widget that allows third-parties to implement it in their websites and allow their users to buy or exchange tokens they wish to on the go. The widget will show a QR code for a token which a user wants to buy. The user will scan the QR code and send the number of tokens/coins that the user wants to spend on that token and have it in their wallet. Minutes after sending the funds, the user will receive the asked token in the wallet from where they initiated the transaction. The website in return will get a 50% share of the profits Ethershift earns from the transactions done from that particular website.




Token Information


Details

Symbol: ESH
Price: 1 ETH = 300 ESH
Hard cap: 33,750 ETH


Allocation

Total supply: 15,000,000 ESH


Crowd Sale: 9,000,000 ESH (60%)

Marketing, promotions, giveaways & bounties, advisors: 3,000,000 ESH (20%)

Team members: 3,000,000 ESH (20%)




Project Links









Auther's Details

Bitcointalk Username:
Raihan Shakeel

Profile Link

Eth Address:
0x3c811A667C9A129911c7dad7238194C5F49b5cB5
Datafund ICO Review, Blockchain, Cryptocurrency

Introduction

Datafund is a distributed app and a protocol that guards, stores and provides safe and provable exchange of personal data. The data or information shared between the parties is anonymized or only shared on a need-to-know basis as per the agreement between the parties.
As based in Europe, Datafund aims to implement a new regulation protecting individuals in EU, called General Data Protection Regulation (GDPR) which is considered to be the strictest regulation to protect privacy of individuals and provide them a way to reclaim their data.

Implementation of blockchain technology will be the ultimate solution to provide individuals total control over their data, and providing them a decentralized exchange of data without any interference of third-parties or any censorship of their data.


Vision

Data has become the most valuable asset of the world since anything in any corner of the world runs by data these days. From basic phone logs to health devices, almost every single thing collects and stores personal data of individuals, which are not safe at all and can be used by entities to know anything about anyone they would please. The data we share in almost everywhere shows exactly what we are and what we do in our daily lives.
Datafund aims to provide a safe storage of personal data for an individual, and even if someone wants to exchange their data with a well-known organization, they will get paid for that since their data are monetized by the organizations for their own researches and stuff.


The three primary entities of the Personal Data Economy

  • Data Owners

Those who provide material, data or their personal information to companies and organizations.

  • Data Users

Those companies or organizations who collect that material and data and use it to create and offer better services and products to their consumers.

  • Service Providers

Those organizations or platforms that help both Data Owners and Data Users with the management and exchange of the data.



Datafund ICO Review, Blockchain, Cryptocurrency


How these entities will benefit from Datafund protocol

  • Data Owners
Data Owners will have complete control over their data and will get rewarded for giving usage access to companies and organizations to their personal data.

  • Data Users
Data Users will get a better understanding of their consumers by analyzing the collected data and provide better solutions for them and increase their overall growth in the market.

  • Service Providers
Service Providers will participate in the deals and provide protection and control of data to the parties, and in return, get multiple companies onboarded on Datafund network and monetize their network.



Token Information

Details:

Symbol: DEX
Price: 50,000 DEX = 1 ETH
Soft Cap: 3,000 ETH
Hard Cap: 20,000 ETH

Distribution

Total Supply: 1,000,000,000 DEX


Tokensale: 400,000,000 DEX (40%)

Team: 200,000,000 DEX (20%)

Advisors: 40,000,000 DEX (4%)

Partnerships and Ecosystem: 220,000,000 DEX (22%)

Foundation: 130,000,000 DEX (13%)

Privacy awareness campaign: 10,000,000 (1%)



Project Links:



Auther's Details:

Bitcointalk Username:
Raihan Shakeel

Profile Link:

Eth Address:
0x3c811A667C9A129911c7dad7238194C5F49b5cB5
Poseidon ICO Review, Blockchain, Cryptocurrency

Introduction

Poseidon is a blockchain-based platform that allows individuals to take part in bringing positive changes in climate by allowing them to give donations to emission reduction projects when they buy a retail product of any kind. The donations will first be converted to OCEAN tokens which are then used to buy Carbon Credits which will be used in the emission reduction process of Carbon Footprints of the product they just bought.

The process is done through AI (Artificial Intelligence) methods backed by blockchain technology.

The platform uses Stellar blockchain. An API called Horizon is used to interact with Stellar's blockchain which allows building hundreds of different applications out of the blockchain which can perform any complex task that can fulfill the requirement of the industry.

Vision

Climate change is a very concerning issue all over the world. The Carbon emissions are causing significant increment in the global temperature which very soon will start to become unsafe for human life. Actions only from governments or other organizations won't be enough to make a change towards this extreme climate change.

Poseidon's aim is to bring the vast majority of individual around the globe to take part in this fight and make a chance for their own good. The integration of Poseidon platform into the retail industry will make sure that every person from any corner of the world makes their effort towards this cause by providing micro-donations along with their retail purchases to the projects that are working to reduce the global temperature and bring the human environment back to safety.

Poseidon ICO Review, Blockchain, Cryptocurrency

Poseidon will be responsible for the following

Ensuring quality

Since the industry is large, there can be flaws in the quality of impact on the environment by the projects carried out by the donations accumulated by the platform from its consumers. The blockchain technology along with Ecosphere will make sure that any emission reduction project that is added to the blockchain is under monitoring and is working relevantly to the given carbon credits.

Raising awareness

Poseidon will run global marketing campaigns to let the people know the effects of the climate changes into our lives and convince them to make their efforts towards the fight to bring the negative back to positive. Poseidon's communication partner, Hawthorn will create messages and stuff to reach a large audience and spread the good cause.

Customer engagement through the mobile app

A mobile app will be created for consumers that will let them see the purchase details of the products they bought through the platform, the details about the carbon footprints of the products they bought, and most importantly, the carbon credits acquired by their made donations while buying the products. The users will be able to see the impact of the carbon credits they have provided and what origin they are being used for. Users can also share this information on Social Media platforms to encourage others to take part in the cause as well.

Bringing customers and projects together

Each year, the platform will select the top carbon emission reducers meaning the donators from all the consumers who have been doing their retail purchases using the Poseidon platform, and invite them to pay a unique visit to one of the projects that we all supported together. This would give them a chance to see what positive impact they are having on the development of these projects.

Token Information

Details

Symbol: OCEAN
Price: 0.24 Euro
Soft Cap: N/A
Hard Cap: N/A


Distribution

Total Supply: 36,000,000,000 OCEAN

Token Sale: 18,000,000,000 OCEAN (50%)

Liquidity Pool: 10,800,000,000 OCEAN (30%)

Foundation: 4,500,000,000 OCEAN (12.5%)

Team: 2,700,000,000 OCEAN (7.5%)

Project Links








Auther's Details: 

Bitcointalk Username:
Raihan Shakeel

Profile Link:

Eth Address:
0x3c811A667C9A129911c7dad7238194C5F49b5cB5

Introduction


Plaza System is a platform that provides sellers or businesses a next-generation b-commerce (blockchain-based commerce) infrastructure with the fastest blockchain ever existed for a business very big or small. And it provides buyers or consumers a platform that enables them to reduce the high costs they pay in commerce platforms usually.

Plaza System ICO Review, Blockchain, CryptocurrencyTotal bCommerce is the platform that contains MerchantChain, which is the blockchain providing extremely fast transactions with a speed of over 15,000 tps (transactions per second) and allows the businesses to build their own decentralized applications on top of it, and The Freedom Lifestyle, which has all other functionalities of the ecosystem like the browsing, searching, payment tools etc.


Vision

Total sales record for the global e-commerce market in 2017 was recorded to be $2.29 trillion, which is expected to go above $4 trillion by 2020. Although the numbers are quite high, but the integration of blockchain technology into the e-commerce market can boost it up to a large extent. Mainstream adoption is the very first and the most crucial problem faced when integrating blockchain into a business model, specially in e-commerce. The reason for that is volatility of the currencies running in blockchains, which reduces utility and users fear loss of value in using them.

Plaza System aims to solve that problem by using different business strategies including PlazaCards that can be topped up with Plaza Dollars which are backed by real-world value and won't face volatility like others. Other than that, PlazaDesktop and PlazaMobile applications with their extremely user-friendly interfaces will make it too easy for any individual to make use of the benefits blockchain technology provides. Someone with zero to none technical knowledge can use the system with no hurdles at all.

Products and Services

Plaza Total bCommerce

It is the blockchain-based e-commerce platform which is simplified, extremely cost-efficient and secure for both businesses and individuals to utilize blockchain technology into their commerce activities. It enables businesses to embrace blockchain technology to expand their business with extremely fast transaction time, and consumers to reduce high costs on their e-commerce expenditures.

Plaza MerchantChain

It is the most secure and sustainable distributed ledger or blockchain that fuels the Total bCommerce platform with its extremely fast transactions with over 15,000 transactions per second and with just 3 seconds of confirmation time. It also allows businesses to create their own decentralized applications (dApps) on top of it. Businesses using MerchantChain can also mine their own token called MTC (MerchantChain Transaction Coin) which can be used for trades on the platform.

Plaza Freedom Lifestyle

It is the container of all other functionalities and services the platform provides which include browsing and searching the web for products for which PlazaDesktop and PlazaMobile applications are used, and payment tools like Plaza Merchant which further contain PlazaWallet and PlazaCard which are used for the convenient use of the payment systems for the user on the platform.


PlazaWallet

It is the multi-crypto wallet that is used for the payments on the platform and can be topped up and connected with PlazaCard to be used for shopping on the go as well.

Related: Plaza Systems Telegram Bounty Join and Earn Tokens By Doing Simple Tasks



Plaza System ICO Review, Blockchain, Cryptocurrency


PlazaCard

It is a virtual or physical debit card which is connected with the PlazaWallet and is usable in any place where the traditional debit cards are used. PlazaCard enables the users of the platform to spend their cryptocurrencies in their daily lives where they usually spend fiat-topped debit cards like VisaCard or MasterCard. It can be topped up with Plaza Dollars which are backed up with real-world value and won't lose value over time.


PlazaConcierge

It is a smart speaker device with a modern design and ultra-modern functionalities which can be used for searches, shopping, account management, PlazaWallet and PlazaCard management as well as for asking questions and chatting on the platform. It also has a hardware wallet which can be used to keep private keys secure.


Plaza Freedom Lifestyle Rewards

It is a reward system which will reward businesses or individuals with Plaza Tokens for completing certain actions that are beneficial for the platform. Those actions include translation services, referral programs or bug identification.



Token Information

Details

Symbol: PLAZA
Price: 5,000 PLAZA = 1 ETH
Soft Cap: 5,000 ETH
Hard Cap: 100,000 ETH

Distribution

Total Supply: 500,000,000 PLAZA (remaining tokens after the end of the sale will be burnt)


Public Sale: 325,000,000 PLAZA (65%)

Advisors and Early Investors: 20,000,000 PLAZA (4%)

Reserves: 75,000,000 PLAZA (15%)

Team & Founders: 75,000,000 PLAZA (15%)

Bounties: 5,000,000 PLAZA (1%)

"This article was created in exchange for a potential token reward through Bounty0x"

Project Links:



Auther's Details:

Bitcointalk Username:
Raihan Shakeel

Profile Link:

Eth Address:
0x3c811A667C9A129911c7dad7238194C5F49b5cB5