Bounty0x Announces Pre-Sale Capped at $250,000

Bounty0x has announced that the pre-sale for the BNTY token will start on Nov. 10 and end five days later. The company completed the development of its alpha platform on Oct. 10 and will use the BNTY token to create a trustless bounties network. At the time of writing, the alpha already has over 500 signed-up bounty hunters. “We are building a platform where users, called bounty sheriffs, are incentivized to review the submissions of their peers in order to ensure quality and accuracy of submissions” said Bounty0x CEO, Angelo Adam. “We recently completed testing our concept with bounty campaigns in the ICO space. The response so far is very encouraging. We are in the process of developing the Bounty0x platform to serve the online marketing, software development and consulting industries.” The pre-sale price per BNTY token will be $0.032 each and 1.56 percent of all BNTY will be sold during that phase. Contributors to the pre-sale will be purchasing at a 20 percent discount relative to the main contribution period. In the spirit of decentralization, there will be no additional discounts for larger contributors. The pre-sale will start on Nov. 10 and end on Nov. 15, or sooner if the cap of $250,000 is reached. Contributions in ether (ETH), the native token of the Ethereum blockchain will be accepted for both the pre-sale and public sale. The public crowd sale will run from Dec. 1 to Dec. 15. Fifty percent of all BNTY tokens will be available to the public during the contribution period at a price of $0.040 each. There is a soft cap at $7 million and a hard cap at $10 million. Unsold tokens are burned. About Bounty0x In the short term, Bounty0x is developing a decentralized network where bounty hunters will be able to receive payment in tokens in exchange for completing bounty tasks for ICO startups. With hundreds of new blockchain startups being formed and holding ICO’s every month, this is already a significant market. Companies and startups will benefit from being able to harness the power of thousands of bounty hunters who are interested in performing tasks in exchange for payment in their native tokens or cryptocurrency. The ultimate goal is to increase the efficiency of industries that would benefit from a decentralized workforce and bounty-oriented reward model. Some of the first industries Bounty0x is entering are Online marketing, Software development, and Consulting. Learn More Check out our white paper Join us on Slack Subscribe for weekly email updates Follow us on Twitter Subscribe to our subreddit The post Bounty0x Announces Pre-Sale Capped at $250,000 appeared first on BTCMANAGER. Source>>> Bounty0x Announces Pre-Sale Capped at 0,000

An Interview with Kumar Gaurav CEO and Founder of Cashaa

October 31, 2017 – Cashaa CEO and Founder Kumar Gaurav features as a guest on KCN as he discusses how Cashaa becomes the next banking platform for the next billion. Cashaa connects businesses and individuals on Blockchain to the existing financial world in a decentralized manner. Cashaa platform comprises of decentralized exchange, liquidity provider mechanism, clearinghouse messaging network, and asset-backed blockchain gateway. Their financial technology combined with mainstream fiat will enable real-time, peer-to-peer value exchange and payment services agnostically across all the Blockchain. [youtube https://www.youtube.com/watch?v=hnosuZwIaG4&w=560&h=315] Watch the full interview. The CAS Token The CAS public token sale begins on November 6, 17:00 UTC. Read their whitepaper here For more information on how to participate, visit their website Join Cashaa Telegram channel View Cashaa on TokenMarket Source>>> An Interview with Kumar Gaurav CEO and Founder of Cashaa

Thoughts on the State of Cryptocurrency and Blockchains

When I first started reading about Bitcoin in 2011, I approached it as an interesting experiment that could increase economic freedom and give billions of unbanked access to basic financial services and the global economy.I observed small and growing demand for a digital currency with Bitcoin’s properties, and believed any barriers to adoption would come from the supply side, software failures or government bans on using the technology.I’m still hopeful that cryptocurrencies will have a net positive impact, but I find myself increasingly worried about what widespread adoption might mean for society.Bitcoin is becoming the Internet of MoneyWe can now transfer value across the internet nearly as easily as we send emails. Citizens in Venezuela and Zimbabwe are mining and purchasing Bitcoin to survive rapid hyperinflation. In Switzerland’s cryptovalley, rent and utilities can be paid in Bitcoin. The Swiss national rail service is selling Bitcoin at 1000 ticket kiosks across the country. MIT is issuing digital diplomas on Bitcoin’s blockchain.Issues around scalability, lack of global internet access, and the ease of purchasing cryptocurrency are all being addressed. Second layer protocols like the Lightning Network will improve scalability while enabling micropayments, advanced smart contracts, and cross-blockchain atomic swaps.Google, Facebook, SpaceX, and various mesh networks are on track to provide global internet access within a decade. Coinbase and ATMs make buying Bitcoin simple.I believe Bitcoin will be the most widely used blockchain for at least another 3-5 years, while Ethereum will hold the number two spot for a similar time period.The Decentralized Web is ComingThere is a growing appetite for alternatives to monopolists such as Facebook and Twitter, where users and their data are products to be sold to the paying customers, advertising companies.I am looking for a decentralized / cryptographic alternative to Twitter. Twitter’s freedom of expression has been on an inexorable decline. It is enslaved to its US jurisdiction and politics. Although it is substantially better than Facebook that is a very low standard indeed. — @julianassangePlatforms like Steemit, Yours, Y’alls, Akasha, Leeroy and Cent are templates for what alternatives to Facebook, Twitter, Reddit, and Quora might look like. Civil and the Decentralized News Network aim to establish sources for independent journalism that prioritize quality fact checking and informing the average citizen over partisan propaganda designed to generate revenue. On these decentralized platforms, monetary value flows towards users providing content, not parasitic and often intrusive advertisers.See the following pieces for optimistic and pessimistic takes on the potential of decentralized social networks.Decentralized social media is peer-to-peering into the futureDecentralized Social Networks Sound Great. Too Bad They’ll Never WorkBlockStack is building infrastructure to enable a more decentralized web, and IPFS is developing a peer-to-peer hypermedia protocol, an alternative to HTTP that doesn’t rely on servers.Legacy Institutions are Preparing for a World Run on BlockchainsNot so long ago, some experts argued that personal computers would never be adopted, and that tablets would only be used as expensive coffee trays. So I think it may not be wise to dismiss virtual currencies. — Christine Lagarde International Monetary Fund (IMF) Managing DirectorThe Bank For International Settlements (BIS)(responsible for …

Plus…Thoughts on the State of Cryptocurrency and Blockchains

CME Group to Launch Bitcoin Futures Trading

The CME Group announced plans today to launch Bitcoin futures later this year as Bitcoin’s price reaches a new all-time high. The CME Group, renowned as the world’s leading and most diverse derivatives marketplace, plans to launch Bitcoin futures trading in the fourth quarter of 2017,  assuming all relevant regulatory review periods are passed successfully. The announcement was published on the company’s website. The futures contracts will be cash-settled and based on the CME CF Bitcoin Reference rate (BRR) which acts as a once-a-day reference rate of the USD price of Bitcoin. The group cites increasing client interest in cryptocurrency markets as the reason behind the move. CME Group Chairman and CEO Terry Duffy states: As the world’s largest regulated FX marketplace, CME Group is the natural home for this new vehicle that will provide investors with transparency, price discovery and risk transfer capabilities. The Bitcoin Reference Rate (BRR) The CME Group and Crypto Facilities Ltd have been calculating and publishing the Bitcoin Reference Rate (BRR) since November 2016. The BRR calculates and aggregates the trade flow of the key major Bitcoin exchanges. Bitstamp, GDAX, itBit, and Kraken are the respective exchanges that currently contribute the pricing data for calculating the BRR. Crypto Facilities CEO Dr.Timo Schlaefer said: We are excited to see the BRR used as the settlement mechanism of this important product. The BRR has proven to reliably and transparently reflect global bitcoin-dollar trading and has become the price reference of choice for financial institutions, trading firms, and data providers worldwide. The CME Group also publishes the CME CF Bitcoin Real Time Index (BRTI) which provides price transparency to the spot Bitcoin market, combining global demand of Bitcoin buys and sells into a consolidated order book giving fair, calculated and instant USD price of Bitcoin in a spot price. Knock On Effects of The Announcement The move, if all goes to plan with the regulatory period, will prove to be a huge boost for Bitcoin by enabling access to Bitcoin future trading for those less familiar or trusting of sites outside of the CME Group purview. News of the CME Group plans has already caused an approximate $300 spike in Bitcoin’s price (another all time high for the cryptocurrency), with Bitcoin currently trading at $6369 (GDAX) at the time of writing. Anticipation of the launch appears high and the optimism of the market looks set to continue Bitcoins ongoing trend of regularly establishing new record levels of value. Do you manage your portfolio with the CME Group? What are your thoughts on the addition of Bitcoin futures trading? Let us know in the comments below. Images courtesy of Shutterstock, CME Group The post CME Group to Launch Bitcoin Futures Trading appeared first on Bitcoinist.com. Source>>> CME Group to Launch Bitcoin Futures Trading

An Interview with Miro Pavletic CEO and Founder of STK Global Payments AG

Friday 27 October, 2017 – STK CEO and Founder Miro Pavletic features as a guest on KCN as he discusses how the STK Token will provide instant cryptocurrency payments at point of sale, enabling seamless integration of cryptocurrency into everyday transactions and financial services in the STACK wallet. STACK is a new personal finance platform, built on the idea that using your money should be free. Universally accessible, STACK is an alternative to traditional banking that allows you to store your money safely, access it instantly and transact with it anywhere, in any currency including crypto, right from your smartphone. [youtube https://www.youtube.com/watch?v=sTi7sZF_V6Y&w=560&h=315] Watch the full interview. The STK Token STK is the only token to power the STACK wallet, a digital wallet which functions as a stand-alone account. STACK has access to global payment rails, which provide instant access to 39 million merchants across the globe. Its implementation through the STACK app means you can use STK tokens just as easily as you would a debit card or cash. The STK public token sale begins on November 13, 17:00 UTC. A pre-sale will run from October 30, 17:00 UTC. Visit the STK website for more details. Read their whitepaper here View STK on TokenMarket Source>>> An Interview with Miro Pavletic CEO and Founder of STK Global Payments AG

Dappbase – Decentralized Development Platform & API Library for the Ethereum Network

In 2016, the total number of users on Ethereum Network’s web3.js API was 76,828. In 2017, that number has skyrocketed to 342,610. That’s growth of 446% in 1 year with no signs of slowing down. However, there are still  significant barriers to mass adoption of the Ethereum Network for both developers and end users. For end users, one bottleneck comes from the fact that end users have to run a full node to access the network. A user’s computer may also create delays by content switching between programs. And while Metamask partly addresses this problem, it’s only limited to desktop applications. Dappbase is committed to solving this problem by allowing users to browse the Ethereum network through a familiar interface: their native mobile browser. The company plans to provide a familiar and intuitive experience to mobile users new to the blockchain interface, while still providing all transaction information to more experienced blockchain users. Using a process like OAuth for transactions, any mobile user will have full control of their keys. For security and transparency purposes, Dappbase will also publish the code that encrypts the user’s key on the client side. By offering Ethereum on mobile, Dappbase introduces a pool of around 3 billion new users that could continue to accelerate Ethereum’s adoption rate exponentially. However, offering mobile users access to the Ethereum mainnet is just the beginning of Dappbase’s intentions – the company’s primary goal is to ameliorate the production process for developers. To this end, the Dappbase platform offers a significantly faster and more simplified production path for developers. Specifically, Dappbase integrates HTTP API to uncover smart contract functions. This allows developers to create and grow their own smart contracts utilizing development tools they are already familiar with. Essentially, developers using the Dappbase platform will no longer need a detailed understanding of the complexities usually associated with the development of decentralized applications. Dappbase also provides a smart contract library where anyone can access files developers in the community load onto the platform for free. Dappbase maintains three different library sections that will expand as its community continues to grow: JavaScript, Android, and iOS. Library content will range anywhere from relatively simple peer to peer transactions to more complex government voting systems. Importantly,  Dappbase are consistently transparent in how they will deal with their patron’s keys. The company is also a member of Project Transparency which requires that they disclose all wallets under their control and provide justification for every spending transaction above 0.5% of total funds raised. This reflects that Dappbase cofounders Taiyang Zhang and Loong Wang have placed the highest priority on being accountable to their community as they go about building the best products possible for both developers and end users. While Dappbase is currently free to access, the plan is to eventually introduce a token called the Decentralized Application Particle (DAP) that will incentivize developers to place their content on the Dappbase marketplace. Disclosure: This is a Sponsored Article Source>>> Dappbase – Decentralized Development Platform & API …

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Coinbase Offers $50,000 Hack the World Bug Bounty

Coinbase, one of the world’s largest cryptocurrency exchanges, announced it will actively participate in Hackerone’s “Hack the World” project, offering 50,000 USD for a first-place remote code execution. It’s the company’s effort to extend its bug bounty program in hopes of remaining “top-of-[the]-market” with regard to security. Also read: Coinbase Plans to Call the Fork With the Most Accumulated Difficulty “Bitcoin” “Coinbase Loves Bug Bounties” Bug bounties are an increasingly used initiative by businesses to find code issues and security problems through incentivized hacking. Bounty payouts reward hackers to expose companies to problems before potential bad-actors might. Head of Security for Coinbase, Philip Martin, blogged, “We’re thankful to all the security researchers who have worked hard to find and report vulnerabilities.” Instead of researchers “facing a choice between using a vulnerability themselves,” he urged, “selling a vulnerability to 3rd parties or giving a vulnerability away for free, bounties present a good, legal, risk-adjusted return for the time invested by a researcher.” To date, Coinbase has disclosed 73 discovered vulnerabilities. Mr. Martin emphasized bounties “de-criminalize the actions of good-faith security researchers, while still forbidding malicious hacking.” Though most proposals are not relevant, Coinbase finds value in bug bounties.Over five years, the exchange has “paid out $176,031 in bounties to 223 researchers across 346 valid reports out of a total of 3101 reports submitted,” Mr. Martin noted. This year, Coinbase joins a competition hosted by Hackerone, Hack the World. An unsigned blog post stated the venture’s goals as “to help build stronger relationships between our hackers and our customers, reward high signal and high impact reports, and to have some fun along the way by giving out some awesome prizes to our top hackers.” Sponsors range from Uber, Github, and Airbnb, to Mapbox and Dropbox. Coinbase is offering “the top 3 most impactful bugs submitted, as part of Hack The World, an additional $10,000, $7,500 and $5,000,” he explained. “‘Most Impactful’ will be judged by the Coinbase security team on a combination of bug severity, system criticality and report quality.” The company’s Hack the World payouts are ranked as “Remote Code Execution: $50,000; Significant manipulation of account balance: $10,000; XSS/CSRF/Clickjacking affecting sensitive actions: $7,500; Theft of privileged information: $5,000; Partial authentication bypass: $3,000” respectively, among other lesser tasks. Bitcoin, Safe and Easy This does not mean storing bitcoin on the exchange is safe. In fact, “there have been months when Coinbase users have been robbed as often as 30 times—a rate of one robbery every single day,” according to Fortune. CEO Brian Armstrong tells Ms. Wieczner, “We need to be held to a higher standard because digital currency is so new and interesting and powerful that it is attractive to a lot of people out there to try to steal it.” The exchange holds users’ keys, allowing them ease of access to trading through mere passwords. Thefts are generally on the customer side, exploiting weaknesses at mobile phone carrier companies such as Sprint and Verizon. Hack The World competition formally ends on November 18. …

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Introduction to Demeter

In this modern world, we can make sure that technology becomes very crucial part for many people’s life. The tempting technology makes many people want to make it as their passion and as their life. There are more and more professionals who have skills in technology. Of course the career options are getting wider and wider with the support of technology. However, it seems like the career which is associated to traditional work does not become popular choice any longer. Agriculture for many people is not their thing because they think that it is too traditional or even old school. In fact, agriculture cannot be separated from people’s life. Demeter comes to give people opportunity to join the revolution in agriculture. Demeter is decentralized platform worldwide that offers an entire ecosystem for farmers and consumers. There are some features which can be found from Demeter after all.PlatformMany people have great interest in agriculture especially about foods they eat. Recently, people do not really know where their foods come from. They do not know about the origin of the ingredient so they cannot control its health. Since many people have bigger awareness about their health, they want to make sure that they know exactly the foods they eat. To overcome this problem, Demeter can be the central hub not only for renting but also farming the micro fields which are located anywhere in the world. There will be no middlemen involved in the process. It means that there is no complexity as well. They will not find the big organization overhead as well. From the farm, the agriculture products can go straight to the table.CommunityDemeter is not only about technology because it can also be a community that helps people to create as well as define the rules about organic farming. Of course there will also be certification for this kind of farming. There will be long process which must be taken before people can claim the organic farming after all. Nevertheless, Demeter comes with the dynamic process which is useful to ensure the quality in every step taken to produce the organic agricultural products.TokenDemeter is a platform which runs with unique method. Custom ethereum based token will be used for running the platform. It is called DMT. There are some great supports which can be offered by the token after all. Security trust will be provided by the token. It will also be crucial power which can be used for making as well as keeping the community alive.GrowfundingThere are many farmers in the world that cannot grow quality food production because of the lack of capital. Demeter especially the fourth revolution will be solution for this problem. Growfunding becomes something possible to do with this platform. This platform offers the opportunity of micro investment for the farmland. It will be great for encouraging the production of quality food because better technology and knowledge can be applied for the farm. It means that there will be more quality foods to choose. …

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Chinese Exchanges Seek Second Chance in Japan and Other More Crypto-Friendly Countries

Following the crackdown by the Chinese government last month, bitcoin exchanges in China are looking to continue their businesses in cryptocurrency-friendly countries. Nineteen chinese companies are reportedly applying for a license to operate in Japan, while others are considering Singapore, Hong Kong, and South Korea. Also read: Japan’s GMO Plans to Sell 7nm Bitcoin Mining Boards Using Token Sale Chinese Exchanges Migrating Abroad Chinese exchanges are reportedly seeking to migrate their operations to other Asian countries that are more cryptocurrency-friendly, following China’s clampdown on crypto trading and initial coin offerings (ICOs). According to Bloomberg: They’re applying for licenses in Japan — solo or via partners — setting up over-the-counter shops in Hong Kong, or laying the groundwork to operate from Singapore and South Korea. Hong Kong-based Lennix Lai, the financial market director for Okex exchange, believes that there is enough demand. He said, “as formerly one of the biggest operators in China, we think we have a good chance of competing globally.” Licenses and Partners in Japan Japan legalized bitcoin as a method of payment in April. As a consequence of this legalization, cryptocurrency exchanges are required to register with the country’s Financial Services Agency (FSA). The agency granted licenses to eleven bitcoin exchanges in Japan for the first time last month. Out of the Chinese exchange seeking to operate in Japan, Bloomberg noted: There’re at least 19 companies applying for a Japanese license. While some Chinese exchanges are applying for a Japanese license, others are looking for local partners. For example, the Hong Kong-based exchange, Binance, is looking for local partners and also considering acquiring an operational exchange, CEO Zhao Changpeng revealed. Beijing-based exchange Bixin has also expressed interest, the news outlet detailed. Mike Kayamori is Head of Quoine, the Singapore-based exchange with a strong presence in Japan. He commented, “we’re talking to almost all of those guys. They’re all desperate now.” He expects to sign a deal with a Chinese partner by the end of this year, the publication noted, and quoted him saying: There’s a lot of Chinese retail people reaching out to us, but we can’t handle it. So if a Chinese partner can handle all of those and they connect to us, that will be much easier. Early this month, ECNC reported that one of Japan’s largest bitcoin exchanges, Coincheck, had received many requests from Chinese companies to list tokens on its exchange following China’s ICO crackdown. “We are receiving hundreds of requests from Chinese startups and startups around the world asking us to list their tokens, after the Chinese government banned ICOs,” Kagayaki Kawabata, International Business Developer at Coincheck told Global Times. While he said Coincheck is careful about listing ICO tokens, he noted that “if Chinese tokens can meet the criteria that exchanges will set, Japan will be a great place to list tokens.” Other Friendly Shores Japan is not the only contender for Chinese exchanges to flee to. Some Chinese investors have “resorted to peer-to-peer trading over messaging apps like Telegram since the …

Plus…Chinese Exchanges Seek Second Chance in Japan and Other More Crypto-Friendly Countries

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