@crypto-panda
25Bringing concise, accurate, and honest content to the community.
steemit.com/@crypto-pandaVOTING POWER100.00%
DOWNVOTE POWER100.00%
RESOURCE CREDITS100.00%
REPUTATION PROGRESS0.00%
Net Worth
0.924USD
STEEM
0.000STEEM
SBD
0.000SBD
Own SP
15.939SP
Detailed Balance
| STEEM | ||
| balance | 0.000STEEM | STEEM |
| market_balance | 0.000STEEM | STEEM |
| savings_balance | 0.000STEEM | STEEM |
| reward_steem_balance | 0.000STEEM | STEEM |
| STEEM POWER | ||
| Own SP | 15.939SP | SP |
| Delegated Out | 0.000SP | SP |
| Delegation In | 0.000SP | SP |
| Effective Power | 15.939SP | SP |
| Reward SP (pending) | 0.000SP | SP |
| SBD | ||
| sbd_balance | 0.000SBD | SBD |
| sbd_conversions | 0.000SBD | SBD |
| sbd_market_balance | 0.000SBD | SBD |
| savings_sbd_balance | 0.000SBD | SBD |
| reward_sbd_balance | 0.000SBD | SBD |
{
"balance": "0.000 STEEM",
"savings_balance": "0.000 STEEM",
"reward_steem_balance": "0.000 STEEM",
"vesting_shares": "25924.767353 VESTS",
"delegated_vesting_shares": "0.000000 VESTS",
"received_vesting_shares": "0.000000 VESTS",
"sbd_balance": "0.000 SBD",
"savings_sbd_balance": "0.000 SBD",
"reward_sbd_balance": "0.000 SBD",
"conversions": []
}Account Info
| name | crypto-panda |
| id | 1000815 |
| rank | 94,350 |
| reputation | 118759031 |
| created | 2018-05-17T14:13:42 |
| recovery_account | anonsteem |
| proxy | None |
| post_count | 14 |
| comment_count | 0 |
| lifetime_vote_count | 0 |
| witnesses_voted_for | 0 |
| last_post | 2018-05-18T20:20:18 |
| last_root_post | 2018-05-18T20:20:18 |
| last_vote_time | 2018-06-07T16:56:36 |
| proxied_vsf_votes | 0, 0, 0, 0 |
| can_vote | 1 |
| voting_power | 9,800 |
| delayed_votes | 0 |
| balance | 0.000 STEEM |
| savings_balance | 0.000 STEEM |
| sbd_balance | 0.000 SBD |
| savings_sbd_balance | 0.000 SBD |
| vesting_shares | 25924.767353 VESTS |
| delegated_vesting_shares | 0.000000 VESTS |
| received_vesting_shares | 0.000000 VESTS |
| reward_vesting_balance | 0.000000 VESTS |
| vesting_balance | 0.000 STEEM |
| vesting_withdraw_rate | 0.000000 VESTS |
| next_vesting_withdrawal | 1969-12-31T23:59:59 |
| withdrawn | 0 |
| to_withdraw | 0 |
| withdraw_routes | 0 |
| savings_withdraw_requests | 0 |
| last_account_recovery | 1970-01-01T00:00:00 |
| reset_account | null |
| last_owner_update | 2018-05-17T14:27:36 |
| last_account_update | 2018-05-17T14:29:51 |
| mined | No |
| sbd_seconds | 0 |
| sbd_last_interest_payment | 1970-01-01T00:00:00 |
| savings_sbd_last_interest_payment | 1970-01-01T00:00:00 |
{
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"last_account_recovery": "1970-01-01T00:00:00",
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"rank": 94350
}Withdraw Routes
| Incoming | Outgoing |
|---|---|
Empty | Empty |
{
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}From Date
To Date
2019/05/17 15:33:15
2019/05/17 15:33:15
| author | steemitboard |
| body | Congratulations @crypto-panda! You received a personal award! <table><tr><td>https://steemitimages.com/70x70/http://steemitboard.com/@crypto-panda/birthday1.png</td><td>Happy Birthday! - You are on the Steem blockchain for 1 year!</td></tr></table> <sub>_You can view [your badges on your Steem Board](https://steemitboard.com/@crypto-panda) and compare to others on the [Steem Ranking](http://steemitboard.com/ranking/index.php?name=crypto-panda)_</sub> **Do not miss the last post from @steemitboard:** <table><tr><td><a href="https://steemit.com/japanese/@steemitboard/new-japanese-speaking-community-steem-meetup-badge"><img src="https://steemitimages.com/64x128/https://cdn.steemitimages.com/DQmRWbAjbeETEaqSPLcpwYX1JN5pZhdPffv4q6DaBs6xvZm/image.png"></a></td><td><a href="https://steemit.com/japanese/@steemitboard/new-japanese-speaking-community-steem-meetup-badge">New japanese speaking community Steem Meetup badge</a></td></tr></table> ###### [Vote for @Steemitboard as a witness](https://v2.steemconnect.com/sign/account-witness-vote?witness=steemitboard&approve=1) to get one more award and increased upvotes! |
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| parent author | crypto-panda |
| parent permlink | ico-scam-of-the-day-tenzorum |
| permlink | steemitboard-notify-crypto-panda-20190517t153314000z |
| title | |
| Transaction Info | Block #32990180/Trx 46aab64c3dbf0853ab1e3695a326938a89958c39 |
View Raw JSON Data
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"body": "Congratulations @crypto-panda! You received a personal award!\n\n<table><tr><td>https://steemitimages.com/70x70/http://steemitboard.com/@crypto-panda/birthday1.png</td><td>Happy Birthday! - You are on the Steem blockchain for 1 year!</td></tr></table>\n\n<sub>_You can view [your badges on your Steem Board](https://steemitboard.com/@crypto-panda) and compare to others on the [Steem Ranking](http://steemitboard.com/ranking/index.php?name=crypto-panda)_</sub>\n\n\n**Do not miss the last post from @steemitboard:**\n<table><tr><td><a href=\"https://steemit.com/japanese/@steemitboard/new-japanese-speaking-community-steem-meetup-badge\"><img src=\"https://steemitimages.com/64x128/https://cdn.steemitimages.com/DQmRWbAjbeETEaqSPLcpwYX1JN5pZhdPffv4q6DaBs6xvZm/image.png\"></a></td><td><a href=\"https://steemit.com/japanese/@steemitboard/new-japanese-speaking-community-steem-meetup-badge\">New japanese speaking community Steem Meetup badge</a></td></tr></table>\n\n###### [Vote for @Steemitboard as a witness](https://v2.steemconnect.com/sign/account-witness-vote?witness=steemitboard&approve=1) to get one more award and increased upvotes!",
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}willieweenieupvoted (100.00%) @crypto-panda / nix-the-first-dex-manager2018/06/15 13:52:42
willieweenieupvoted (100.00%) @crypto-panda / nix-the-first-dex-manager
2018/06/15 13:52:42
| author | crypto-panda |
| permlink | nix-the-first-dex-manager |
| voter | willieweenie |
| weight | 10000 (100.00%) |
| Transaction Info | Block #23345014/Trx dd9de7c09548b8cbebea71742a2ebe39f547dba1 |
View Raw JSON Data
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}2018/06/13 14:38:51
2018/06/13 14:38:51
| author | mycrypteria |
| body | DEX manager is a big boost for us users of NIX! Thank you for sharing this one! |
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| parent author | crypto-panda |
| parent permlink | nix-the-first-dex-manager |
| permlink | re-crypto-panda-nix-the-first-dex-manager-20180613t143849128z |
| title | |
| Transaction Info | Block #23288351/Trx 2d1930c4235a2da8a9268d1a1717a37dfb48f03e |
View Raw JSON Data
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"body": "DEX manager is a big boost for us users of NIX! Thank you for sharing this one!",
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}mycrypteriaupvoted (100.00%) @crypto-panda / nix-the-first-dex-manager2018/06/13 14:38:18
mycrypteriaupvoted (100.00%) @crypto-panda / nix-the-first-dex-manager
2018/06/13 14:38:18
| author | crypto-panda |
| permlink | nix-the-first-dex-manager |
| voter | mycrypteria |
| weight | 10000 (100.00%) |
| Transaction Info | Block #23288340/Trx 9050744620a40afc6b5cb8a7b490919132e89a8a |
View Raw JSON Data
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}2018/06/07 16:56:36
2018/06/07 16:56:36
| author | exposer |
| permlink | cryptomedicated-or-james-edwards-and-chayleh-tracey-fraud-exposed-or-picture-proof |
| voter | crypto-panda |
| weight | 10000 (100.00%) |
| Transaction Info | Block #23118914/Trx 9c74847460ba58d185ef7413eee9d735f9f2cba5 |
View Raw JSON Data
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}2018/05/18 20:26:21
2018/05/18 20:26:21
| author | emergedinsteem |
| body | @therealwolf 's created platform smartsteem scammed my post this morning (mothersday) that was supposed to be for an Abused Childrens Charity. Dude literally stole from abused children that don't have mothers ... on mothersday. https://steemit.com/steemit/@prometheusrisen/beware-of-smartsteem-scam |
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| parent author | crypto-panda |
| parent permlink | ico-scam-of-the-day-tenzorum |
| permlink | re-crypto-panda-ico-scam-of-the-day-tenzorum-20180518t202620245z |
| title | fossbot voter comment |
| Transaction Info | Block #22547618/Trx c726350ab95c1a69efb46b97b3d5553289812948 |
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"body": "@therealwolf 's created platform smartsteem scammed my post this morning (mothersday) that was supposed to be for an Abused Childrens Charity. Dude literally stole from abused children that don't have mothers ... on mothersday. \r\n\r\nhttps://steemit.com/steemit/@prometheusrisen/beware-of-smartsteem-scam",
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}crypto-pandapublished a new post: ico-scam-of-the-day-tenzorum2018/05/18 20:20:18
crypto-pandapublished a new post: ico-scam-of-the-day-tenzorum
2018/05/18 20:20:18
| author | crypto-panda |
| body | Welcome to Cryptocurrency! Here we advertise tokens like action movies, and believe blockchain can solve every problem. Free health care? Blockchain. Need a low interest loan in funny money? Blockchain. Get paid for college? Blockchain. This is the first article in a daily series addressing currently running ICO's that are clear scams. <center></center> The problem in crypto today is not scam projects, market manipulation, or SEC threats. The problem is having to hold all these pesky private keys. Thankfully, Tenzorum has pointed out this problem, and claims to have a solution <center></center> This project is so clearly a scam there isn't much I need to point out. There is no issue with paper wallets. There is no issue with hardware wallets. "Technical friction" is an entirely made up term. Tenzorum has a whitepaper full of buzzwords and vague descriptions of what it will do to solve the "wallet problem". I would stay far away from this ICO. |
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| parent author | |
| parent permlink | cryptocurrency |
| permlink | ico-scam-of-the-day-tenzorum |
| title | ICO Scam of the Day: TENZORUM |
| Transaction Info | Block #22547497/Trx 371866ef37f8f57af9e9bdd7c4216ca2ddf53480 |
View Raw JSON Data
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"author": "crypto-panda",
"body": "Welcome to Cryptocurrency! Here we advertise tokens like action movies, and believe blockchain can solve every problem. Free health care? Blockchain. Need a low interest loan in funny money? Blockchain. Get paid for college? Blockchain. \n\nThis is the first article in a daily series addressing currently running ICO's that are clear scams.\n\n<center></center>\nThe problem in crypto today is not scam projects, market manipulation, or SEC threats. The problem is having to hold all these pesky private keys. Thankfully, Tenzorum has pointed out this problem, and claims to have a solution\n<center></center>\n\nThis project is so clearly a scam there isn't much I need to point out. There is no issue with paper wallets. There is no issue with hardware wallets. \"Technical friction\" is an entirely made up term.\n\nTenzorum has a whitepaper full of buzzwords and vague descriptions of what it will do to solve the \"wallet problem\".\n\nI would stay far away from this ICO.",
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2018/05/18 03:01:39
| author | crypto-panda |
| permlink | comparison-of-hade-pay-to-the-ripple-transaction-protocol |
| voter | coin.info |
| weight | 694 (6.94%) |
| Transaction Info | Block #22526727/Trx da766a00597c49dcf7b19533fbfe8926fb81aac4 |
View Raw JSON Data
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}2018/05/18 03:01:36
2018/05/18 03:01:36
| author | coin.info |
| body | **Coins mentioned in post:** Coin | | Price (USD) | ๐ 24h | ๐ 7d - | - | - | - | - **BTC** | Bitcoin | 8039.270$ | _-4.21%_ | _-10.51%_ **ETH** | Ethereum | 673.031$ | _-5.64%_ | _-7.66%_ **STEEM** | Steem | 2.728$ | _-7.67%_ | _-12.64%_ **XRP** | Ripple | 0.667$ | _-5.96%_ | _-10.99%_ |
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| parent author | crypto-panda |
| parent permlink | comparison-of-hade-pay-to-the-ripple-transaction-protocol |
| permlink | re-crypto-panda-comparison-of-hade-pay-to-the-ripple-transaction-protocol-20180518t030134849z |
| title | |
| Transaction Info | Block #22526726/Trx 9d11d66a9bd7c086bb82c047af3b9a8be67a44f3 |
View Raw JSON Data
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"body": "**Coins mentioned in post:**\n\nCoin | | Price (USD) | ๐ 24h | ๐ 7d\n- | - | - | - | -\n**BTC** | Bitcoin | 8039.270$ | _-4.21%_ | _-10.51%_\n**ETH** | Ethereum | 673.031$ | _-5.64%_ | _-7.66%_\n**STEEM** | Steem | 2.728$ | _-7.67%_ | _-12.64%_\n**XRP** | Ripple | 0.667$ | _-5.96%_ | _-10.99%_",
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}crypto-pandaupvoted (100.00%) @crypto-panda / petco-starts-ico-furtoken-to-buy-pet-stuff2018/05/17 21:19:45
crypto-pandaupvoted (100.00%) @crypto-panda / petco-starts-ico-furtoken-to-buy-pet-stuff
2018/05/17 21:19:45
| author | crypto-panda |
| permlink | petco-starts-ico-furtoken-to-buy-pet-stuff |
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}crypto-pandapublished a new post: petco-starts-ico-furtoken-to-buy-pet-stuff2018/05/17 21:11:06
crypto-pandapublished a new post: petco-starts-ico-furtoken-to-buy-pet-stuff
2018/05/17 21:11:06
| author | crypto-panda |
| body | .gif) |
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| permlink | petco-starts-ico-furtoken-to-buy-pet-stuff |
| title | Petco Starts ICO: FurToken - To Buy Pet Stuff |
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}crypto-pandapublished a new post: one-of-a-kind-decentraland2018/05/17 17:01:15
crypto-pandapublished a new post: one-of-a-kind-decentraland
2018/05/17 17:01:15
| author | crypto-panda |
| body | <center>https://cdn-images-1.medium.com/max/720/1*-DDWK18uQREsTUMWnI3yhw.jpeg</center> Many areas in crypto are saturated with coins attempting to solve the same problems. There are numerous privacy, supply-chain, social platform, energy, decentralized internet, and identity coins/tokens. This is the third article in a continuing series focusing on crypto assets that are entirely unique. **Decentraland.** The name itself invokes as much imagination as its mission. A year ago most would have scoffed at the idea of a virtual land sale, a real estate market in a digital city. Even today most would laugh at the idea. Yet the Genesis City Land Auction in December of 2017 raised $10m, and trading of virtual real estate continues to this day. ## Key Points: What is it? > โDecentraland is a virtual reality platform powered by the Ethereum blockchain. Users can create, experience, and monetize content and applications. Land in Decentraland is permanently owned by the community, giving them full control over their creations. Users claim ownership of virtual land on a blockchain-based ledger of parcels. Landowners control what content is published to their portion of land, which is identified by a set of cartesian coordinates (x,y). Contents can range from static 3D scenes to interactive systems such as gamesโ ยน > โDecentraland will use the Ethereum network to establish land ownership in the virtual world. The world will be divided into 100mยฒ (about 1078 ftยฒ) parcels, with a non-fungible digital asset for each plot of land. These assets recognize the designated owner of the parcel, and describe what its contents are. We call this digital asset, LAND.โ ยฒ ### Strengths: * > โUnlike other virtual worlds and social networks, Decentraland is not controlled by a centralized organization. There is no single agent with the power to modify the rules of the software, contents of land, economics of the currency, or prevent others from accessing the world.โ ยน While this is in the whitepaper, during an AMA they somewhat contradicted this statement. * Created a virtual city and sold 10 million dollars worth of land plots. Let that sink in. Plots varied in price based on location. <center>https://cdn-images-1.medium.com/max/720/1*b1Hh6gkeNK8f61nfeQkDzw.jpeg</center> * One of few coins that has the ability to tap into a massive gaming and virtual reality market. There are many โin game currencyโ coins, however these have common sense shortcomings. Decentraland is its own world, with its own currency built in. Imagine the reach this will have when its a finished product. No cryptocurrency knowledge or interest necessary. Just plug in and immerse yourself. * The team is extremely active and posts regularly updates. These updates usually include exciting pictures. <center>https://cdn-images-1.medium.com/max/720/1*ZpTtqBknSSctCQMwsSPN6g.png</center> * Team has been around since September of 2017. So far they seem to have progressed the most in terms of their vision, especially when compared to everything in crypto. * Recently added to Binance. More volume, more exposure, and all good things eventually make their way to Binance. ## Shortcomings: * One of the obvious issues of a decentralized world is content. Look at Chat Roulette. Its full of dicks and seems to be penis anarchy, but it is a centralized system with a report button. The Decentraland team also saw this as a clear problem and mentioned it in their whitepaper: > โThe issue of filtering content for mature audiences (like pornography, violence, or gambling) is difficult to solve within a decentralized network. We expect a market to emerge here: with a reputation-based approach, users could select one or more providers of whitelists/blacklists that track the type of content being served on each parcelโ ยน * During an AMA they responded to a question on opening a casino in Genesis City. Regulation in Decentraland doesnโt have such a nice ring to it. Pretty ironic as well. > โIn principle the casino provider would have to be licensed and compliant. Otherwise we will be forced to block them on our web client, since casinos are regulated in many jurisdictions.โ * Use of Decentraland is not idiot-proof. This is a problem for adoption. There is nothing in the whitepaper that covers how scenes will be created, ie. whether or not average Joe can build his own virtual house. <center>https://cdn-images-1.medium.com/max/720/1*ufI1eWGIBV-CcMtv_-jtHg.jpeg</center> ## Future Developments: The team is consistently posting updates on the project, however at this time there is no large release on the horizon. I will say its easy to understand what the ultimate goal of a completed Decentraland is, and that in itself is a huge future development. ## Competitors, if any: lol ## Key Points from the Genesis City Land Auction AMA: On what buying and owning land in Genesis City actually means: > โIt means that a certain parcel on the land smart contract will have your ETH private key as the rightful owner. In order for you to actually buy it, you have to be the highest bidder at the end of the auction. Parcels in Genesis City are developed entirely by you. You can also hire someone in Ethlance (you can search for people with โDecentraland Scene Developmentโ as a skill) to do it for you. Conversely, parcels in the districts may be developed collectively or by the district leadersโโโYMMV on each district; we encourage you communicate with them beforehand.โ This response led to another question, that of the trust placed in district leaders: > โAre the risks associated with corrupt district leaders mitigated?โ > โInitially, the only available approach, tech-wise, is mitigating third-party risk by using a multi-sig. But weโre collaborating with Aragon to be one of the first projects to implement their decentralized governance tech. Once we get there, most districts will become a DAO.โ How high can you build? > "Weโre working on a height map, which will show the expected and encouraged height limits, and will be subject to discussion in the community. While prototyping, we run into some issues with the no height limit, such as excessive shade, slow performance, etc. We think this may be best addressed through public voting by all MANA holders. Ultimately, however, if you have a district you should be able to build what you please without respect to any limits, but in the public cities that may be an issue.โ On hardware required to run: > โWeโre building it so that it can run on low-end hardware, correct; thatโs why we chose low-poly for the aesthetics. We will set constraints in the editor (for an alpha, see editor.decentraland.org)โ ## Ending thoughts: Decentraland is truly one of a kind. It has its fair share of problems, the largest being regulating a concept and vision named Decentraland. This canโt be understated. With that said, Iโm looking forward to the worlds that will be built a year or many years from today. Maybe Iโll even see you there. *If you are a Decentraland team member, please reach out to me as I have unanswered questions, most covering regulation and content creation.* https://decentraland.org/whitepaper.pdf (whitepaper) 2. https://blog.decentraland.org/building-a-land-economy-with-the-mana-token-ccb8d0d5e010 **Disclaimer:** I was not paid in anyway to write this. |
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| parent permlink | cryptocurrency |
| permlink | one-of-a-kind-decentraland |
| title | One of a Kind: Decentraland |
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"body": "<center>https://cdn-images-1.medium.com/max/720/1*-DDWK18uQREsTUMWnI3yhw.jpeg</center>\n\nMany areas in crypto are saturated with coins attempting to solve the same problems. There are numerous privacy, supply-chain, social platform, energy, decentralized internet, and identity coins/tokens.\n\nThis is the third article in a continuing series focusing on crypto assets that are entirely unique.\n\n**Decentraland.** The name itself invokes as much imagination as its mission. A year ago most would have scoffed at the idea of a virtual land sale, a real estate market in a digital city. Even today most would laugh at the idea. Yet the Genesis City Land Auction in December of 2017 raised $10m, and trading of virtual real estate continues to this day.\n\n## Key Points:\nWhat is it?\n\n> โDecentraland is a virtual reality platform powered by the Ethereum blockchain. Users can create, experience, and monetize content and applications. Land in Decentraland is permanently owned by the community, giving them full control over their creations. Users claim ownership of virtual land on a blockchain-based ledger of parcels. Landowners control what content is published to their portion of land, which is identified by a set of cartesian coordinates (x,y). Contents can range from static 3D scenes to interactive systems such as gamesโ ยน\n\n> โDecentraland will use the Ethereum network to establish land ownership in the virtual world. The world will be divided into 100mยฒ (about 1078 ftยฒ) parcels, with a non-fungible digital asset for each plot of land. These assets recognize the designated owner of the parcel, and describe what its contents are. We call this digital asset, LAND.โ ยฒ\n\n### Strengths:\n\n* > โUnlike other virtual worlds and social networks, Decentraland is not controlled by a centralized organization. There is no single agent with the power to modify the rules of the software, contents of land, economics of the currency, or prevent others from accessing the world.โ ยน While this is in the whitepaper, during an AMA they somewhat contradicted this statement.\n\n* Created a virtual city and sold 10 million dollars worth of land plots. Let that sink in. Plots varied in price based on location.\n\n<center>https://cdn-images-1.medium.com/max/720/1*b1Hh6gkeNK8f61nfeQkDzw.jpeg</center>\n\n* One of few coins that has the ability to tap into a massive gaming and virtual reality market. There are many โin game currencyโ coins, however these have common sense shortcomings. Decentraland is its own world, with its own currency built in. Imagine the reach this will have when its a finished product. No cryptocurrency knowledge or interest necessary. Just plug in and immerse yourself.\n\n* The team is extremely active and posts regularly updates. These updates usually include exciting pictures.\n\n<center>https://cdn-images-1.medium.com/max/720/1*ZpTtqBknSSctCQMwsSPN6g.png</center>\n\n* Team has been around since September of 2017. So far they seem to have progressed the most in terms of their vision, especially when compared to everything in crypto.\n\n* Recently added to Binance. More volume, more exposure, and all good things eventually make their way to Binance.\n\n## Shortcomings:\n\n* One of the obvious issues of a decentralized world is content. Look at Chat Roulette. Its full of dicks and seems to be penis anarchy, but it is a centralized system with a report button. The Decentraland team also saw this as a clear problem and mentioned it in their whitepaper:\n\n > โThe issue of filtering content for mature audiences (like pornography, violence, or gambling) is difficult to solve within a decentralized network. We expect a market to emerge here: with a reputation-based approach, users could select one or more providers of whitelists/blacklists that track the type of content being served on each parcelโ ยน\n\n* During an AMA they responded to a question on opening a casino in Genesis City. Regulation in Decentraland doesnโt have such a nice ring to it. Pretty ironic as well.\n> โIn principle the casino provider would have to be licensed and compliant. Otherwise we will be forced to block them on our web client, since casinos are regulated in many jurisdictions.โ\n\n* Use of Decentraland is not idiot-proof. This is a problem for adoption. There is nothing in the whitepaper that covers how scenes will be created, ie. whether or not average Joe can build his own virtual house.\n\n<center>https://cdn-images-1.medium.com/max/720/1*ufI1eWGIBV-CcMtv_-jtHg.jpeg</center>\n\n## Future Developments:\n\nThe team is consistently posting updates on the project, however at this time there is no large release on the horizon. I will say its easy to understand what the ultimate goal of a completed Decentraland is, and that in itself is a huge future development.\n\n## Competitors, if any:\n\nlol\n\n## Key Points from the Genesis City Land Auction AMA:\n\nOn what buying and owning land in Genesis City actually means:\n\n> โIt means that a certain parcel on the land smart contract will have your ETH private key as the rightful owner. In order for you to actually buy it, you have to be the highest bidder at the end of the auction. Parcels in Genesis City are developed entirely by you. You can also hire someone in Ethlance (you can search for people with โDecentraland Scene Developmentโ as a skill) to do it for you. Conversely, parcels in the districts may be developed collectively or by the district leadersโโโYMMV on each district; we encourage you communicate with them beforehand.โ\n\nThis response led to another question, that of the trust placed in district leaders:\n\n> โAre the risks associated with corrupt district leaders mitigated?โ\n> โInitially, the only available approach, tech-wise, is mitigating third-party risk by using a multi-sig. But weโre collaborating with Aragon to be one of the first projects to implement their decentralized governance tech. Once we get there, most districts will become a DAO.โ\n\nHow high can you build?\n\n> \"Weโre working on a height map, which will show the expected and encouraged height limits, and will be subject to discussion in the community. While prototyping, we run into some issues with the no height limit, such as excessive shade, slow performance, etc. We think this may be best addressed through public voting by all MANA holders. Ultimately, however, if you have a district you should be able to build what you please without respect to any limits, but in the public cities that may be an issue.โ\n\nOn hardware required to run:\n\n> โWeโre building it so that it can run on low-end hardware, correct; thatโs why we chose low-poly for the aesthetics. We will set constraints in the editor (for an alpha, see editor.decentraland.org)โ\n\n## Ending thoughts:\n\nDecentraland is truly one of a kind. It has its fair share of problems, the largest being regulating a concept and vision named Decentraland. This canโt be understated. With that said, Iโm looking forward to the worlds that will be built a year or many years from today. Maybe Iโll even see you there.\n\n*If you are a Decentraland team member, please reach out to me as I have unanswered questions, most covering regulation and content creation.*\n\nhttps://decentraland.org/whitepaper.pdf (whitepaper)\n2. https://blog.decentraland.org/building-a-land-economy-with-the-mana-token-ccb8d0d5e010\n\n**Disclaimer:** I was not paid in anyway to write this.",
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2018/05/17 16:54:24
| author | crypto-panda |
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| voter | sensation |
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}crypto-pandapublished a new post: nix-the-first-dex-manager2018/05/17 16:53:57
crypto-pandapublished a new post: nix-the-first-dex-manager
2018/05/17 16:53:57
| author | crypto-panda |
| body | ## Wanchain Competitor at Roughly 90โ94% Below WAN Price <center>https://cdn-images-1.medium.com/max/720/1*d4YaxGXRtxubAUwUCebTgw.jpeg</center> < โNIX is targeting the creation of the first privatized decentralized exchange initially through the usage of the Blocknet protocol. This system will be designed to solve privacy layers among DEX trading, creating a layer of privacy for any protocol and tradeable asset through a multi-tiered trading structure.โ ยน ## What is a DEX Manager? Think of a DEX Manager as an umbrella covering every DEX and CEX. Using the NIX DEX Manager users can anonymously buy an asset listed on exchange A and sell it on exchange B, or atomic swap token A for token B across exchanges. NIX is the first DEX Manager to enter the crypto market. When fully implemented, the user can trade assets across any exchanges, anonymously, using the NIX wallet. ### Ghost Protocol: Foundation of NIX DEX Manager Privacy The NIX platform is a novel DEX with a strong emphasis on private, secure transactions. Numerous techniques are used to achieve this including atomic swaps, TOR networking, bulletproofs, zerocoin protocol, and stealth addresses. **Combined all of these methods form the NIX Ghost Protocol.** The ghost protocol is an optional privacy layer clients can use to anonymize their transactions. <center>https://cdn-images-1.medium.com/max/720/1*h2_XemKmL2aLOhCS8J9Y0w.png</center> <center>Source: NIX WhitepaperโโโIllustrated example, BTC โ LTC</center> ### Terminology+Jargon: Defined * Atomic Swaps โ exchange of one cryptocurrency for another without the need for a trusted third party. * TOR Networking โ Tor conceals the users location and usage from outside monitoring entities. When using Tor, a userโs networking is routed through thousands of different network relays to scramble initial internet traffic, resulting in a secure system for networking. * Bulletproofs โ Conceal the quantities of coins in a transaction. * Stealth Addresses โ Provide a way of concealing the destination address on chain by creating a hashing mechanism between the sender and receiver on the blockchain. Translation: Hashing is a cryptographic function that takes an input โcandyโ and returns a fixed-size alphanumeric string โagin23592Agniag235โ. This covers the actual NIX address that will be receiving the data on the network and reflects a stealth output to the public chain. * Zerocoin Protocol โ The Zerocoin Protocol is a strong encryption system in which large prime numbers are multiplied and the factorization of the resulting number makes it impossible to find out which numbers were used. ยน ### NIX Consensus Masternodes NIX Ghost Nodes (Masternodes, 40k NIX Tokens) used to secure the platform. Proof-of-Stake. Rewards: 0.25% fee rewarded to NIX Ghost Nodes through any Ghost Protocol transactions, partial block rewards of 28% per block. > โNIX is being built to establish an ecosystem of asset distribution with the added power of privacy centered metricsโ ยน ### Recent Developments * NIX Platform has been registered as a company in the United States, which means it will comply with U.S laws, policies, and regulations. The most critical piece of news is that NIX will not be labeled as a security. ยณ * NIX will be airdropped to ZOIN holders at a 1:2 ratio. 1 ZOIN โ 2 NIX ### How Does it Compare to Wanchain? > โWanchain will create a new market of cryptocurrencies via cross-chain transfers on different blockchains. The developers aim to build a series of decentralized exchanges on the Wanchain network, connecting all ERC20 digital assets in one location. The project seeks to solve the problem of exchange-hopping in order to transfer and exchange from one cryptocurrency to another. Linking all currencies in one market is an ambitious goal, but thatโs exactly what Wanchain sets out to do.โ โด Founded by Jack Lu, Co-Founder of Factom, Wanchain shares many similarities with NIX. However, NIX stands out, if not solely from an investment perspective. NIX is a U.S registered company and is not labeled as a security. Cryptocurrency projects that work within regulations will outlast all that do not. Achieving this major milestone before launch is something that has never been done before. NIX will also launch well below the marketcap of Wanchain. Assuming NIX launches between 40โ70m marketcap (based on the airdrop) this puts it 94โ90% below Wanchain. **References:** 1. https://nixplatform.io/docs/NIX-Platform-Whitepaper.pdf 2. https://wanchain.org/ 3. https://nixplatform.io/announcements/nix-platform-registered/ 4. https://cryptoiscoming.com/what-is-wanchain/ |
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| parent author | |
| parent permlink | cryptocurrency |
| permlink | nix-the-first-dex-manager |
| title | NIX - The First DEX Manager |
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"body": "## Wanchain Competitor at Roughly 90โ94% Below WAN Price\n\n<center>https://cdn-images-1.medium.com/max/720/1*d4YaxGXRtxubAUwUCebTgw.jpeg</center>\n\n< โNIX is targeting the creation of the first privatized decentralized exchange initially through the usage of the Blocknet protocol. This system will be designed to solve privacy layers among DEX trading, creating a layer of privacy for any protocol and tradeable asset through a multi-tiered trading structure.โ ยน\n\n## What is a DEX Manager?\nThink of a DEX Manager as an umbrella covering every DEX and CEX. Using the NIX DEX Manager users can anonymously buy an asset listed on exchange A and sell it on exchange B, or atomic swap token A for token B across exchanges. NIX is the first DEX Manager to enter the crypto market.\n\nWhen fully implemented, the user can trade assets across any exchanges, anonymously, using the NIX wallet.\n\n### Ghost Protocol: Foundation of NIX DEX Manager Privacy\nThe NIX platform is a novel DEX with a strong emphasis on private, secure transactions. Numerous techniques are used to achieve this including atomic swaps, TOR networking, bulletproofs, zerocoin protocol, and stealth addresses. **Combined all of these methods form the NIX Ghost Protocol.** The ghost protocol is an optional privacy layer clients can use to anonymize their transactions.\n\n<center>https://cdn-images-1.medium.com/max/720/1*h2_XemKmL2aLOhCS8J9Y0w.png</center>\n<center>Source: NIX WhitepaperโโโIllustrated example, BTC โ LTC</center>\n\n### Terminology+Jargon: Defined\n* Atomic Swaps โ exchange of one cryptocurrency for another without the need for a trusted third party.\n* TOR Networking โ Tor conceals the users location and usage from outside monitoring entities. When using Tor, a userโs networking is routed through thousands of different network relays to scramble initial internet traffic, resulting in a secure system for networking.\n* Bulletproofs โ Conceal the quantities of coins in a transaction.\n* Stealth Addresses โ Provide a way of concealing the destination address on chain by creating a hashing mechanism between the sender and receiver on the blockchain. Translation: Hashing is a cryptographic function that takes an input โcandyโ and returns a fixed-size alphanumeric string โagin23592Agniag235โ. This covers the actual NIX address that will be receiving the data on the network and reflects a stealth output to the public chain.\n* Zerocoin Protocol โ The Zerocoin Protocol is a strong encryption system in which large prime numbers are multiplied and the factorization of the resulting number makes it impossible to find out which numbers were used. ยน\n### NIX Consensus Masternodes\nNIX Ghost Nodes (Masternodes, 40k NIX Tokens) used to secure the platform. Proof-of-Stake. Rewards: 0.25% fee rewarded to NIX Ghost Nodes through any Ghost Protocol transactions, partial block rewards of 28% per block.\n\n> โNIX is being built to establish an ecosystem of asset distribution with the added power of privacy centered metricsโ ยน\n\n### Recent Developments\n\n* NIX Platform has been registered as a company in the United States, which means it will comply with U.S laws, policies, and regulations. The most critical piece of news is that NIX will not be labeled as a security. ยณ\n* NIX will be airdropped to ZOIN holders at a 1:2 ratio. 1 ZOIN โ 2 NIX\n\n### How Does it Compare to Wanchain?\n\n> โWanchain will create a new market of cryptocurrencies via cross-chain transfers on different blockchains. The developers aim to build a series of decentralized exchanges on the Wanchain network, connecting all ERC20 digital assets in one location. The project seeks to solve the problem of exchange-hopping in order to transfer and exchange from one cryptocurrency to another. Linking all currencies in one market is an ambitious goal, but thatโs exactly what Wanchain sets out to do.โ โด\n\nFounded by Jack Lu, Co-Founder of Factom, Wanchain shares many similarities with NIX. However, NIX stands out, if not solely from an investment perspective.\n\nNIX is a U.S registered company and is not labeled as a security. Cryptocurrency projects that work within regulations will outlast all that do not. Achieving this major milestone before launch is something that has never been done before.\n\nNIX will also launch well below the marketcap of Wanchain. Assuming NIX launches between 40โ70m marketcap (based on the airdrop) this puts it 94โ90% below Wanchain.\n\n**References:**\n\n1. https://nixplatform.io/docs/NIX-Platform-Whitepaper.pdf\n\n2. https://wanchain.org/\n\n3. https://nixplatform.io/announcements/nix-platform-registered/\n\n4. https://cryptoiscoming.com/what-is-wanchain/",
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}crypto-pandapublished a new post: crypto-needs-to-start-self-regulating2018/05/17 16:43:57
crypto-pandapublished a new post: crypto-needs-to-start-self-regulating
2018/05/17 16:43:57
| author | crypto-panda |
| body | # Crypto Needs to Start Self-Regulating. ## Tech is Dead. Marketing is the Money. The end of 2017 marked a major turning point in crypto, with the total market value rocketing up to nearly 800 billion USD. This caught the attention of the entire world, and it seemed overnight Bitcoin grew to be a household name. CBOE futures trading began and banks and financial institutions started their foray into the space. ## Investing in 2017 In 2017 investing in a crypto based on the tech and whitepaper was a solid strategy. Stellar Lumens had an outstanding year, starting in January 2017 at $.00234 and peaking in December at $.75. Thatโs a 319,500% increase. A $500 investment in January would have returned $160,256 in December. Why did Stellar perform so well? XLM is attempting to solve real world problems, mainly with cross-border international payments. The team is extremely accomplished, the whitepaper touches on all of the important aspects, and they have a real working partnership with IBM. While the partnership was relatively recent, it shows that a major corporation like IBM saw the value in Stellar. ## Airdrops, Forks, and Shills. Unhealthy for Crypto in the Long Term With no regulation and major financial institutions entering the market the strategy changed. 2017 investment strategies donโt work as well. The market has morphed into quick churn pump and dumps utilizing airdrops, forks, and social media hype. Rhett, the dev who forked ZCL into BTCP is now forking Primecoin to produce โBitcoin Primeโ. <center>https://cdn-images-1.medium.com/max/900/1*U6RjtiTTy3Hh4X-kPzP-mw.png</center> Yi, the head advisor for Odyssey, **is tweeting about airdrops while the official channel denies it.** <center>https://cdn-images-1.medium.com/max/540/1*hDo26P6imrZNCk1ufkMi3w.png</center> <center>https://cdn-images-1.medium.com/max/540/1*82oBwB1Q_-_EimtUZKHCJg.png</center> A shitcoin called Hexx is having a 1:1 BTC fork **which literally brought it back from the dead.** <center>https://cdn-images-1.medium.com/max/360/1*0PeKHjr0Z1n1dpR2tJ8y6g.png</center> <center>https://cdn-images-1.medium.com/max/720/1*8C7gbW0DBoAMsfuduaGQ9g.png</center> While this is in essence free money for those understanding the pump value of forks, airdrops, and social media shilling it is **absolutely destructive for the space and cannot and will not lead to good things in the future.** What is extremely concerning is that nobody seems to give a shit. It is a pyramid scheme mentality, who cares as long as you enter in on the bottom. The phrase โdue diligenceโ is meaningless. Often times buying in early on whats shilled on Reddit and Twitter is a sound strategy as the hype greatly influences the price. **Greater fool theory is far more applicable in the space.** โSuccessfulโ projects in the cryptosphere today spend far more on marketing than on research, have disposable income for exchange listings, and have possible paid shills across social media. <center>https://cdn-images-1.medium.com/max/720/1*5_qCc0dOCm4Va3LxCXChog.jpeg</center> ### Self-Regulating the Crypto Space. Step up ICOโs + Whitepapers. I have a few suggestions for self-regulation. Whitepapers must be more comprehensive, and include information that any business proposal would include. * Introduce the problem the coin is trying to solve, and why the project is needed. Were prior attempts made to solve this problem, if so why did they fail. * Define any clear terms. Vague terminology โmachine learningโ โartificial intelligenceโ โdata drivenโ. Most whitepapers purposely use this rhetoric, and make no attempt to clarify any of it. * What are obvious concerns/roadblocks facing the coin? How will these be overcome? * Explain the benefits of the coin, a clear roadmap, and most importantly competition. Competition is hardly ever mentioned; there are duplicates of nearly every coin and sometimes dozens of coins trying to โsolve the same problemโ. * References, references, references. * Platforms like Lympo and Auctus have no clear solution for addressing volatility. This is such a basic problem to address, as a platform will never operate successfully if its asset fluctuates 50% in a day. * Iโve spoken to many developers during the course of writing my articles, it is disheartening how many canโt answer very simple questions, and how they dance around questions like politicians. ### What Exchanges can do. Exchanges need to do a better job at auditing future listings. This is not difficult to implement on a basic level as coins are listed regularly with anonymous teams and no whitepapers. Binance can remove Bytecoin. This is a very bad look. ### What the U.S is doing/will do. * Clamp down on fraudulent ICOโs and coins. If the space canโt regulate itself I have no doubt the SEC will step in with more force. * Deny exchanges from listing questionable assets, possibly including privacy coins. ### Summary: **You Canโt Flaunt the Tech to Woo Friends to Invest, Cause the Tech is Dead.** Marketing is the money, not the tech. Assets that are performing well in 2018 are doing so mostly due to marketing/shills. It wasnโt always this way, but it is what it is. |
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| parent author | |
| parent permlink | cryptocurrency |
| permlink | crypto-needs-to-start-self-regulating |
| title | Crypto Needs to Start Self-Regulating. |
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"body": "# Crypto Needs to Start Self-Regulating.\n## Tech is Dead. Marketing is the Money.\nThe end of 2017 marked a major turning point in crypto, with the total market value rocketing up to nearly 800 billion USD. This caught the attention of the entire world, and it seemed overnight Bitcoin grew to be a household name. CBOE futures trading began and banks and financial institutions started their foray into the space.\n\n## Investing in 2017\nIn 2017 investing in a crypto based on the tech and whitepaper was a solid strategy. Stellar Lumens had an outstanding year, starting in January 2017 at $.00234 and peaking in December at $.75. Thatโs a 319,500% increase. A $500 investment in January would have returned $160,256 in December.\n\nWhy did Stellar perform so well? XLM is attempting to solve real world problems, mainly with cross-border international payments. The team is extremely accomplished, the whitepaper touches on all of the important aspects, and they have a real working partnership with IBM. While the partnership was relatively recent, it shows that a major corporation like IBM saw the value in Stellar.\n\n## Airdrops, Forks, and Shills. Unhealthy for Crypto in the Long Term\nWith no regulation and major financial institutions entering the market the strategy changed. 2017 investment strategies donโt work as well. The market has morphed into quick churn pump and dumps utilizing airdrops, forks, and social media hype. Rhett, the dev who forked ZCL into BTCP is now forking Primecoin to produce โBitcoin Primeโ.\n\n<center>https://cdn-images-1.medium.com/max/900/1*U6RjtiTTy3Hh4X-kPzP-mw.png</center>\n\nYi, the head advisor for Odyssey, **is tweeting about airdrops while the official channel denies it.**\n\n<center>https://cdn-images-1.medium.com/max/540/1*hDo26P6imrZNCk1ufkMi3w.png</center>\n\n<center>https://cdn-images-1.medium.com/max/540/1*82oBwB1Q_-_EimtUZKHCJg.png</center>\n\nA shitcoin called Hexx is having a 1:1 BTC fork **which literally brought it back from the dead.**\n\n<center>https://cdn-images-1.medium.com/max/360/1*0PeKHjr0Z1n1dpR2tJ8y6g.png</center>\n\n<center>https://cdn-images-1.medium.com/max/720/1*8C7gbW0DBoAMsfuduaGQ9g.png</center>\n\nWhile this is in essence free money for those understanding the pump value of forks, airdrops, and social media shilling it is **absolutely destructive for the space and cannot and will not lead to good things in the future.** What is extremely concerning is that nobody seems to give a shit. It is a pyramid scheme mentality, who cares as long as you enter in on the bottom.\n\nThe phrase โdue diligenceโ is meaningless. Often times buying in early on whats shilled on Reddit and Twitter is a sound strategy as the hype greatly influences the price. **Greater fool theory is far more applicable in the space.** โSuccessfulโ projects in the cryptosphere today spend far more on marketing than on research, have disposable income for exchange listings, and have possible paid shills across social media.\n\n<center>https://cdn-images-1.medium.com/max/720/1*5_qCc0dOCm4Va3LxCXChog.jpeg</center>\n\n### Self-Regulating the Crypto Space. Step up ICOโs + Whitepapers.\n\nI have a few suggestions for self-regulation. Whitepapers must be more comprehensive, and include information that any business proposal would include.\n\n* Introduce the problem the coin is trying to solve, and why the project is needed. Were prior attempts made to solve this problem, if so why did they fail.\n\n* Define any clear terms. Vague terminology โmachine learningโ โartificial intelligenceโ โdata drivenโ. Most whitepapers purposely use this rhetoric, and make no attempt to clarify any of it.\n\n* What are obvious concerns/roadblocks facing the coin? How will these be overcome?\n\n* Explain the benefits of the coin, a clear roadmap, and most importantly competition. Competition is hardly ever mentioned; there are duplicates of nearly every coin and sometimes dozens of coins trying to โsolve the same problemโ.\n\n* References, references, references.\n\n* Platforms like Lympo and Auctus have no clear solution for addressing volatility. This is such a basic problem to address, as a platform will never operate successfully if its asset fluctuates 50% in a day.\n\n* Iโve spoken to many developers during the course of writing my articles, it is disheartening how many canโt answer very simple questions, and how they dance around questions like politicians.\n\n### What Exchanges can do.\n\nExchanges need to do a better job at auditing future listings. This is not difficult to implement on a basic level as coins are listed regularly with anonymous teams and no whitepapers.\nBinance can remove Bytecoin. This is a very bad look.\n\n### What the U.S is doing/will do.\n\n* Clamp down on fraudulent ICOโs and coins. If the space canโt regulate itself I have no doubt the SEC will step in with more force.\n* Deny exchanges from listing questionable assets, possibly including privacy coins.\n\n\n### Summary:\n**You Canโt Flaunt the Tech to Woo Friends to Invest, Cause the Tech is Dead.**\n\nMarketing is the money, not the tech. Assets that are performing well in 2018 are doing so mostly due to marketing/shills. It wasnโt always this way, but it is what it is.",
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}blocktradespowered up 9.741 STEEM to @crypto-panda2018/05/17 16:40:39
blocktradespowered up 9.741 STEEM to @crypto-panda
2018/05/17 16:40:39
| amount | 9.741 STEEM |
| from | blocktrades |
| to | crypto-panda |
| Transaction Info | Block #22514310/Trx daa8298ffc5a39860a6d9ebdcc2da014c025ec0a |
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}2018/05/17 15:53:18
2018/05/17 15:53:18
| author | crypto-panda |
| permlink | creating-a-novel-intelligent-trading-dex-autonio-and-crypto-bridge-partnership |
| voter | sensation |
| weight | 10000 (100.00%) |
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}sensationupvoted (100.00%) @crypto-panda / daneel-boon-and-hade-strong-partnerships-teams-and-advisors2018/05/17 15:52:24
sensationupvoted (100.00%) @crypto-panda / daneel-boon-and-hade-strong-partnerships-teams-and-advisors
2018/05/17 15:52:24
| author | crypto-panda |
| permlink | daneel-boon-and-hade-strong-partnerships-teams-and-advisors |
| voter | sensation |
| weight | 10000 (100.00%) |
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}2018/05/17 15:38:21
2018/05/17 15:38:21
| author | crypto-panda |
| body | ## Key Points: * Lympo ecosystem has three platforms: Rewards mechanism, product and data marketplace, and crowdfunding platform. Rewards mechanism cannot work. Physical activity data is easily manipulated. It is a hardware problem, not a software problem. Additionally any meaningful payout would cause inflation. * Data marketplace cannot work. With a powerful incentive to cheat and no way to identify cheating all recorded data is useless. * Product marketplace cannot work. Using an extremely volatile crypto for an online marketplace is a stretch. Even businesses are hesitant on accepting BTC, which is far less volatile than a sub 100m token. * Crowdfunding platform makes no sense and is unrelated to everything else. This is an eye catch money grab that I wonโt give credibility to. * The Lympo team is deceitful in writing and in promotional material. One of their partners recently lied in a promotional ad created by Lympo. * Problems facing Steemit, a token rewards based platform. I come from an exercise science background. I was a personal trainer for 6 years, some of those years at pretty fancy places. I dreamed of making a fitness rewards token, but always ran into the same issues. You canโt have a โfitness rewards tokenโ if it is based on rewards from physical body movements as recorded by wearable tech. This data can be faked in a variety of ways, but is dependent on how complex the fitness tracking device is. Nearly all if not all fitness devices use accelerometers. Accelerometers do exactly as they sound, measure acceleration. More expensive fitness devices also use altimeters. These measure changes in altitude, recording vertical movements as well. The apex of wearable tech incorporates GPS tracking and a heartbeat sensor. I contacted Apple for clarification on how the Apple watch works, and if you can cheat it. You canโt put it on your dog, the heartbeat monitor wouldnโt pick up on it. You canโt put it in your dryer, GPS would identify it as false info plus no hearbeat. Yet even with all of these lazy forms of cheating, you can still give the watch to someone else to do the work. When used for its intended purpose, this tech works wonderfully. Once an incentive to cheat is introduced, it becomes entirely useless. Here lies the problem. Any reward given for recorded physical activity cannot work. It is simply to easy to fake this data. This can be remedied by using more expensive tech, but even then the device can be given to someone else to complete the work. ## Lympo team thinks software can solve a hardware problem: The Lympo platform revolves around LYM tokens, used for many purposes but largely given as rewards for physical activity and meeting goals. I spoke with a team member on this obstacle, and they responded: > โManipulating physical fitness data is not actually easy, at all, in 2018. While there may be some lesser-used apps/trackers that have not updated their tracking software and mechanics, we have already implemented a variety of measures to prevent this, on top of the advancements that have been made in the industry over the past several years.โ This is blatantly false. Software is not the problem, hardware is. > โI have a few more questions regarding fitness tracking manipulation. All affordable fitness trackers use accelerometers, nicer ones also use altimeters. These can all be manipulated in many ways, including throwing in a dryer, putting on it on your dog, shaking it with your hand, etc. > There is more expensive tech, like the Apple watch which has a heart rate monitor as well as GPS tracker. This prevents easy forms of manipulation, but still canโt stop the most basic form of cheating, giving it to someone else to wear. > Currently fitness data is fairly accurate, there are no incentives to cheat. With a platform such as Lympo there becomes a strong incentive to cheat, especially if its easy. This would make all data collected by Lympo useless. > How will Lympo ensure users are not cheating?โ > โAssuming there is no cheating, the reward payout must be minimal to avoid inflation. Could you give me an estimate of tokens rewarded for the following activities? > Running a mile > 5 sets of chest press > Rock climbing for an hourโ Their response was completely nonsensical and didnโt answer my question in its entirety: > โI think this is happening due to lack of understanding from support team what usecases will be integratedโ โThis can include not only aggregated data, but also tests about healthy lifestyle, tests for visual materials and etc. Not only data from running apps will be aggregated. Also we are already in discussion with gear engineers about preventing all kind of cheating. There is a lot of measures and standarts for that and for now we will be able to prevent this with calculations for what is legit or not and will not give LARGE rewards that will allow users get a lot from cheating. In the feature we will definitely implement data analyzer based on AI that will be able to do decisions if data is legit and suitable for challenges submission. Because there is a lot of parameters included and even more data will be collected from different gadgets this is that we do regarding raw collected dataโ **Again, this is a hardware problem not a software problem.** ## Lympo and fiat, an unbelievable conversation: When asked about fiat on Lympo, I was repeatedly given the same deceiving answer, and even after clarification I was asked to include a lie in my previous article: > โFirstly, regarding Fiat conversion. LYM can already be found on a variety of exchanges, where tokens may be converted to USD/EUR. Additionally, on our platform we will start by allowing purchases with fiat as well to get the product going for those unfamiliar with crypto.โ โPurchases of LYMP with fiat? Can you withdraw to fiat as well?โ > โPurchases of LYM with Fiat. = Yes. You can withdraw your tokens right from the App/Digital Fitness wallet, to an exchange and convert them to Fiat as I mentioned; we already have several listings. (KuCoin, Gate.io, IDEX and Cobinhood), and this is possible with LYM tokens already, prior to the app being launched.โ This is a blatant lie. You absolutely cannot in anyway purchase LYM with fiat on any exchange. I am not sure why they continue to equate real U.S dollars with Tether dollars. > โThere are direct USD Pairings for LYM available on our exchanges, so it is only neccessary to use a single one for the entire process, and there are a variety to choose from to suit different individuals.โ The USD pairings are for USD Tether, or are there direct LYMP to fiat? > โUSD Pairings refer to the fact that within that exchange, you may directly sell LYM for USD; without having to first convert the LYM to ETH for example, making the process quite simple.โ I think the team member is as confused as someone who has never heard of Tether dollars, and tries to sell their LYM for actual cash. He then asked me to include this in my original article: > โand can you just add โLYM can already be found on a variety of exchanges, where tokens may be converted to USD/EUR.โ coming soon or something? :)โ โFor sure. USDT or USD? Just want to clarify if its withdrawal to cold hard cash vs. tether.โ > โUSDT not = USD :)โ ## Lympo partner lies (multiple times) in a promotional video: The Lympo team politically sidesteps questions and lies. If that wasnโt bad enough one of their partners, Caroline Wozniacki, blatantly lied in a promotional video: > โSuch a great idea with the Lympo tokens and everything so you get rewarded every time you go out and move around and I think that is so amazing. I use Lympo myself because I do so many sports obviously tennis is my main priority but you know running the NYC marathon I do a lot of boxing i do swimming I do all these things and I already track my workouts I communicate with my trainer whenever heโs not around with the devices that I have but with using Lympo its that extra motivation and I can put the two together get the best of both worlds and reward myself after a hard week of workouts.โ Iโm not sure how using Lympo is motivating when the platform isnโt operational and theres nothing to use. Their roadmap doesnโt state when rewards will be introduced to the platform, or what reward payouts will look like. ## Hows Steemit doing? Lets look at Steemit as an example of a tokenized rewards system. Signing up for Steem takes 1โ2 weeks as they need to verify you are a real person. Upvote bots are a very real problem. Steem rewards are click based, an extremely simple method when compared to rewards given for physical activity. Anytime there are rewards, there will be endless attempts to cheat the system. Lets assume their right. You canโt cheat the system: There is no incentive to invest in Lympo, but there is a strong incentive to sell Lympo. As more users enter the platform and more rewards are paid out inflation will tank the price. The only way to prevent this is to have minuscule rewards, which would destroy the concept of a fitness rewards platform. The whitepaper has no information on how payouts will be conducted, which is shocking considering that is a staple of Lympo. Are reward payouts done in terms of USD or as a set amount of LYM? Why would a business or a personal trainer accept a highly volatile asset that canโt quickly be converted to real USD? ## Disheartening and upsetting: The problems faced by any fitness rewards platform are to great to overcome with todays wearable tech. Even if the tech was perfect, reasonable payouts would cause inflation and nothing would stop a user from passing the device to a friend. The Lympo team must have not been aware of the shortcomings of wearable tech, as they had no mention of these issues in their whitepaper. There is no detailed information on the rewards system, even though it is the foundation of the entire LYM ecosystem. I wonโt lie. The thought of conducting an ICO for a dope sounding project crossed my mind. I have the credentials and the connections. But at the end of the day, it would have been fraud. Creating a successful fitness rewards platform, as outlined by Lympo, is impossible. ## Conversation screenshots below: <center>https://cdn-images-1.medium.com/max/720/1*EaX6RHzjAJSCyUrNhLO5mA.jpeg</center> <center>https://cdn-images-1.medium.com/max/720/1*phRrXTkUiyzWmhEGuRyVwA.jpeg</center> <center>https://cdn-images-1.medium.com/max/720/1*Ks8yyPzeGqDIhQwtQTKrDA.jpeg</center> <center>https://cdn-images-1.medium.com/max/720/1*cumt76iGr5Fmb0aNEw4aug.jpeg</center> <center>https://cdn-images-1.medium.com/max/720/1*kF0bMRZfeVlrlbE8khxkLg.jpeg</center> <center>https://cdn-images-1.medium.com/max/720/1*oW8LVm-bVrYfxkJ1GFmEMw.jpeg</center> <center>https://cdn-images-1.medium.com/max/720/1*IXQIGobIo5AftoAfLdMPXA.jpeg</center> <center>https://cdn-images-1.medium.com/max/720/1*bS6bUdJUFq6BCryU_YCihg.jpeg</center> ## Lympo team responds one day after publishing: This response is a thread on Reddit. It may or may not be deleted in the future, in any case here is the link. I decided to write a well thought out response here. Their response was pitifully weak: > โDear Crypto Panda, this is a response to your erroneous and misleading post about Lympo. There are major factual errors in your Medium article. First of all, we did not collect $17 million in our ICO, instead a total sum of $14 million was raised. You shouldnโt trust the first source found on Google. Secondly, regarding the ad with Caroline Wozniacki. We understand that you might have misheard Caroline saying โI use Lympoโ instead of โI would use Lympo,โ but itโs a shame that you didnโt double check it. There are plenty of articles on Carolineโs engagement with Lympo saying that the app will be released later this year. It is also clearly indicated on Lympo.io, Lympo.com and in all of our communications, we are completely transparent about it. Thinking that a world-class star would risk her reputation saying something as false as this is rather incredible. These kinds of deals are discussed with multiple people representing the athlete, including written communication on every single word that Caroline would say. We are disappointed with this demonstration of complete ignorance about Lympo and bold accusations regarding our ambassador. To continue, yes, you are rightโโโthere will always be cheaters, be it fitness, taxes, gaming or any other area. Despite this, technology is constantly evolving due to innovative solutions and every day it is getting harder to cheat on all kinds of systems and platforms. With the right measures taken it inevitably comes to a point when cheating simply becomes too much of a hassle. We are already actively discussing with gear engineers about preventing all kinds of cheating. There are many measures and standards for that and for now we will be able to reduce it with programmed calculations, taking into account various factors which will serve to evaluate the validity of submitted data. In the future, we will certainly implement an AI-based data analyzer which will be able to evaluate data to an even greater degree of accuracy. Large amounts of raw data with multiple parameters will help to continuously train the AI and ensure the ever increasing accuracy of analysis results. Furthermore, token rewards will be small enough not to create an incentive to put actual effort into gaming the systemโโโit just wonโt be worth it, and so cheaters will not compromise our ecosystem. In fact, the challenges too will be designed to minimize this risk: 1. Challenges posted by a usersโ personal trainer after they paid in LYM tokens will work as a cash back option. One may cheat on those, sure, but generally, this group of people is interested in getting fit rather than struggling to find a way to cheat an app. 2. Challenges by sports events where you have to provide, for example, your marathon ticket number. This group of users is genuinely interested in running. They will pay a participation fee in advance and later use Lympo as a cash back system. We believe that this too will help minimize cheating, together with other measures. Going further, we agree that there was a miscommunication regarding purchases of LYM directly with USD. There are no direct pairings like LYM/USD, LYM/EUR or LYM for any fiat. You are right; this was a communication error from our side. We would also like to add that we are, in fact, currently working with several exchanges to launch LYM/Fiat pairs. Although we appreciate your efforts to write a comprehensive critique, in this case your position on Lympo is simply mistaken, and your tone is unconstructive and accusatory. In the future, we will only engage in constructive discussions since it takes too much of our time to respond to every single baseless accusation. Lympo teamโ ### ICO Info: The information on the ICO was not listed on the Lympo site. I went with the closest estimate which was $17 million as listed on ICO drops. ICO bench lists Lympo as raising $8.36m, Track ICO says $11.5m. Considering this, I think I got pretty close. This is hardly a point of contention but Iโm glad it was pointed out. ### Caroline Caroline was unintelligible in some parts of the interview, but is clearly heard saying >โWith using Lympo I think its just that extra motivationโ. This is a present tense statement, clearly expressing that she uses the platform. Again, commenting on how motivating something is when it does not yet exist is an extremely bold claim to make, or just a terribly scripted statement. ### Repeated claim that software will fix cheating: Preventing cheating using software is impossible. I spoke with Apple engineers on the ways an Apple Watch and other fitness devices can be cheated. I also know this from my years working as a personal trainer, using and recommending dozens of types of fitness tech. It all comes down to hardware being vulnerable to cheating, and no amount of software upgrades will change that. The Lympo team repeatedly claims software can fix this problem, it is a complete lie. ### Reward payout: This is actually hilarious, as its an admission their platform cannot work: > โFurthermore, token rewards will be small enough not to create an incentive to put actual effort into gaming the systemโ If a fitness rewards platform canโt payout rewards, what exactly is it? Yes, I understand Lympo is more than a rewards payout system, but the cornerstone of how the ecosystem works is rewards given to its users. ### Reward payout example: Challenges posted by a usersโ personal trainer after they paid in LYM tokens will work as a cash back option. One may cheat on those, sure, but generally, this group of people is interested in getting fit rather than struggling to find a way to cheat an app.โ I am not sure what this means, but โcash backโ is deceitful, LYM are tokens and not cash. There is no fiat gateway, and despite answers given to me suggesting otherwise, **LYM cannot be exchanged to fiat.** Regarding the second point, I think any business that posts a statement based on assumptions rather than research is a business you should stay away from. Again, cheating these devices is not a struggle, its extremely easy. ###Reward payout example 2: > โChallenges by sports events where you have to provide, for example, your marathon ticket number.โ The average cost of a marathon in the U.S is $60-$100. I would love to understand how the Lympo team thinks. Uploading a picture of a $60 bib to get a minuscule reward is a joke. At this point I think Lympo is flying by the seat of their pants trying to answer hard hitting questions. ### Closing: > โAlthough we appreciate your efforts to write a comprehensive critique, in this case your position on Lympo is simply mistaken, and your tone is unconstructive and accusatory. In the future, we will only engage in constructive discussions since it takes too much of our time to respond to every single baseless accusation.โ * Rewards are small enough to not incentivize cheating. Essentially rewards are very, very small. For a rewards based platform, this is a pretty destructive statement. * Lympo thinks their software engineers are more experienced, talented, and understand more about tech than Apple engineers. * Lympo is upset I pointed out the horrible script Caroline read for the promotional video. * Lympo assumes users wonโt cheat, because โโฆthis group of people is interested in getting fit rather than struggling to find a way to cheat an app.โ Last time I checked, successful businesses were not based off of assumptions. * The Lympo team has never run a marathon, or doesnโt understand how the health and fitness industry works in the United States. In their closing statement the Lympo team essentially said they were done talking to me on this topic. I think anyone reading this article should decide for themselves if these claims of mine are baseless. Iโm sorry if my tone seems harsh, its not personal its businesses. **If you donโt want your feelings hurt donโt make a shitty product and deceive your investors by leaving out key information in the whitepaper.** |
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| parent author | |
| parent permlink | cryptocurrency |
| permlink | lympo-cannot-possibly-work-and-how-they-raised-17-million-dollars-for-a-broken-concept-is-nuts |
| title | Lympo cannot possibly work, and how they raised 17 million dollars for a broken concept is nuts. |
| Transaction Info | Block #22513064/Trx 943f90ab97b1f2d49400096d6b9fcac0a44cb018 |
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"author": "crypto-panda",
"body": "## Key Points:\n\n* Lympo ecosystem has three platforms: Rewards mechanism, product and data marketplace, and crowdfunding platform.\nRewards mechanism cannot work. Physical activity data is easily manipulated. It is a hardware problem, not a software problem. Additionally any meaningful payout would cause inflation.\n* Data marketplace cannot work. With a powerful incentive to cheat and no way to identify cheating all recorded data is useless.\n* Product marketplace cannot work. Using an extremely volatile crypto for an online marketplace is a stretch. Even businesses are hesitant on accepting BTC, which is far less volatile than a sub 100m token.\n* Crowdfunding platform makes no sense and is unrelated to everything else. This is an eye catch money grab that I wonโt give credibility to.\n* The Lympo team is deceitful in writing and in promotional material. One of their partners recently lied in a promotional ad created by Lympo.\n* Problems facing Steemit, a token rewards based platform.\n\nI come from an exercise science background. I was a personal trainer for 6 years, some of those years at pretty fancy places.\n\nI dreamed of making a fitness rewards token, but always ran into the same issues. You canโt have a โfitness rewards tokenโ if it is based on rewards from physical body movements as recorded by wearable tech. This data can be faked in a variety of ways, but is dependent on how complex the fitness tracking device is.\n\nNearly all if not all fitness devices use accelerometers. Accelerometers do exactly as they sound, measure acceleration.\n\nMore expensive fitness devices also use altimeters. These measure changes in altitude, recording vertical movements as well.\n\nThe apex of wearable tech incorporates GPS tracking and a heartbeat sensor. I contacted Apple for clarification on how the Apple watch works, and if you can cheat it. You canโt put it on your dog, the heartbeat monitor wouldnโt pick up on it. You canโt put it in your dryer, GPS would identify it as false info plus no hearbeat. Yet even with all of these lazy forms of cheating, you can still give the watch to someone else to do the work.\n\nWhen used for its intended purpose, this tech works wonderfully. Once an incentive to cheat is introduced, it becomes entirely useless.\n\nHere lies the problem. Any reward given for recorded physical activity cannot work. It is simply to easy to fake this data. This can be remedied by using more expensive tech, but even then the device can be given to someone else to complete the work.\n\n## Lympo team thinks software can solve a hardware problem:\n\nThe Lympo platform revolves around LYM tokens, used for many purposes but largely given as rewards for physical activity and meeting goals. I spoke with a team member on this obstacle, and they responded:\n\n> โManipulating physical fitness data is not actually easy, at all, in 2018. While there may be some lesser-used apps/trackers that have not updated their tracking software and mechanics, we have already implemented a variety of measures to prevent this, on top of the advancements that have been made in the industry over the past several years.โ\n\nThis is blatantly false. Software is not the problem, hardware is.\n\n> โI have a few more questions regarding fitness tracking manipulation.\nAll affordable fitness trackers use accelerometers, nicer ones also use altimeters. These can all be manipulated in many ways, including throwing in a dryer, putting on it on your dog, shaking it with your hand, etc.\n\n> There is more expensive tech, like the Apple watch which has a heart rate monitor as well as GPS tracker. This prevents easy forms of manipulation, but still canโt stop the most basic form of cheating, giving it to someone else to wear.\n\n> Currently fitness data is fairly accurate, there are no incentives to cheat. With a platform such as Lympo there becomes a strong incentive to cheat, especially if its easy. This would make all data collected by Lympo useless.\n\n> How will Lympo ensure users are not cheating?โ\n\n> โAssuming there is no cheating, the reward payout must be minimal to avoid inflation. Could you give me an estimate of tokens rewarded for the following activities?\n> Running a mile\n> 5 sets of chest press\n> Rock climbing for an hourโ\n\nTheir response was completely nonsensical and didnโt answer my question in its entirety:\n\n> โI think this is happening due to lack of understanding from support team what usecases will be integratedโ\nโThis can include not only aggregated data, but also tests about healthy lifestyle, tests for visual materials and etc. Not only data from running apps will be aggregated. Also we are already in discussion with gear engineers about preventing all kind of cheating. There is a lot of measures and standarts for that and for now we will be able to prevent this with calculations for what is legit or not and will not give LARGE rewards that will allow users get a lot from cheating. In the feature we will definitely implement data analyzer based on AI that will be able to do decisions if data is legit and suitable for challenges submission. Because there is a lot of parameters included and even more data will be collected from different gadgets this is that we do regarding raw collected dataโ\n\n**Again, this is a hardware problem not a software problem.**\n\n## Lympo and fiat, an unbelievable conversation:\n\nWhen asked about fiat on Lympo, I was repeatedly given the same deceiving answer, and even after clarification I was asked to include a lie in my previous article:\n\n> โFirstly, regarding Fiat conversion. LYM can already be found on a variety of exchanges, where tokens may be converted to USD/EUR. Additionally, on our platform we will start by allowing purchases with fiat as well to get the product going for those unfamiliar with crypto.โ\nโPurchases of LYMP with fiat? Can you withdraw to fiat as well?โ\n\n> โPurchases of LYM with Fiat. = Yes.\nYou can withdraw your tokens right from the App/Digital Fitness wallet, to an exchange and convert them to Fiat as I mentioned; we already have several listings. (KuCoin, Gate.io, IDEX and Cobinhood), and this is possible with LYM tokens already, prior to the app being launched.โ\n\nThis is a blatant lie. You absolutely cannot in anyway purchase LYM with fiat on any exchange. I am not sure why they continue to equate real U.S dollars with Tether dollars.\n\n> โThere are direct USD Pairings for LYM available on our exchanges, so it is only neccessary to use a single one for the entire process, and there are a variety to choose from to suit different individuals.โ\n\nThe USD pairings are for USD Tether, or are there direct LYMP to fiat?\n\n> โUSD Pairings refer to the fact that within that exchange, you may directly sell LYM for USD; without having to first convert the LYM to ETH for example, making the process quite simple.โ\n\nI think the team member is as confused as someone who has never heard of Tether dollars, and tries to sell their LYM for actual cash. He then asked me to include this in my original article:\n\n> โand can you just add โLYM can already be found on a variety of exchanges, where tokens may be converted to USD/EUR.โ coming soon or something? :)โ\nโFor sure. USDT or USD? Just want to clarify if its withdrawal to cold hard cash vs. tether.โ\n\n> โUSDT not = USD :)โ\n\n\n## Lympo partner lies (multiple times) in a promotional video:\n\nThe Lympo team politically sidesteps questions and lies. If that wasnโt bad enough one of their partners, Caroline Wozniacki, blatantly lied in a promotional video:\n\n> โSuch a great idea with the Lympo tokens and everything so you get rewarded every time you go out and move around and I think that is so amazing. I use Lympo myself because I do so many sports obviously tennis is my main priority but you know running the NYC marathon I do a lot of boxing i do swimming I do all these things and I already track my workouts I communicate with my trainer whenever heโs not around with the devices that I have but with using Lympo its that extra motivation and I can put the two together get the best of both worlds and reward myself after a hard week of workouts.โ\n\nIโm not sure how using Lympo is motivating when the platform isnโt operational and theres nothing to use. Their roadmap doesnโt state when rewards will be introduced to the platform, or what reward payouts will look like.\n\n## Hows Steemit doing?\n\nLets look at Steemit as an example of a tokenized rewards system. Signing up for Steem takes 1โ2 weeks as they need to verify you are a real person. Upvote bots are a very real problem. Steem rewards are click based, an extremely simple method when compared to rewards given for physical activity. Anytime there are rewards, there will be endless attempts to cheat the system.\n\nLets assume their right. You canโt cheat the system:\n\nThere is no incentive to invest in Lympo, but there is a strong incentive to sell Lympo. As more users enter the platform and more rewards are paid out inflation will tank the price. The only way to prevent this is to have minuscule rewards, which would destroy the concept of a fitness rewards platform.\n\nThe whitepaper has no information on how payouts will be conducted, which is shocking considering that is a staple of Lympo. Are reward payouts done in terms of USD or as a set amount of LYM? Why would a business or a personal trainer accept a highly volatile asset that canโt quickly be converted to real USD?\n\n## Disheartening and upsetting:\n\nThe problems faced by any fitness rewards platform are to great to overcome with todays wearable tech. Even if the tech was perfect, reasonable payouts would cause inflation and nothing would stop a user from passing the device to a friend.\n\nThe Lympo team must have not been aware of the shortcomings of wearable tech, as they had no mention of these issues in their whitepaper. There is no detailed information on the rewards system, even though it is the foundation of the entire LYM ecosystem.\n\nI wonโt lie. The thought of conducting an ICO for a dope sounding project crossed my mind. I have the credentials and the connections. But at the end of the day, it would have been fraud. Creating a successful fitness rewards platform, as outlined by Lympo, is impossible.\n\n## Conversation screenshots below:\n\n<center>https://cdn-images-1.medium.com/max/720/1*EaX6RHzjAJSCyUrNhLO5mA.jpeg</center>\n\n<center>https://cdn-images-1.medium.com/max/720/1*phRrXTkUiyzWmhEGuRyVwA.jpeg</center>\n\n<center>https://cdn-images-1.medium.com/max/720/1*Ks8yyPzeGqDIhQwtQTKrDA.jpeg</center>\n\n<center>https://cdn-images-1.medium.com/max/720/1*cumt76iGr5Fmb0aNEw4aug.jpeg</center>\n\n<center>https://cdn-images-1.medium.com/max/720/1*kF0bMRZfeVlrlbE8khxkLg.jpeg</center>\n\n<center>https://cdn-images-1.medium.com/max/720/1*oW8LVm-bVrYfxkJ1GFmEMw.jpeg</center>\n\n<center>https://cdn-images-1.medium.com/max/720/1*IXQIGobIo5AftoAfLdMPXA.jpeg</center>\n\n<center>https://cdn-images-1.medium.com/max/720/1*bS6bUdJUFq6BCryU_YCihg.jpeg</center>\n\n## Lympo team responds one day after publishing:\n\nThis response is a thread on Reddit. It may or may not be deleted in the future, in any case here is the link.\n\nI decided to write a well thought out response here. Their response was pitifully weak:\n\n> โDear Crypto Panda, this is a response to your erroneous and misleading post about Lympo. There are major factual errors in your Medium article. First of all, we did not collect $17 million in our ICO, instead a total sum of $14 million was raised. You shouldnโt trust the first source found on Google. Secondly, regarding the ad with Caroline Wozniacki. We understand that you might have misheard Caroline saying โI use Lympoโ instead of โI would use Lympo,โ but itโs a shame that you didnโt double check it. There are plenty of articles on Carolineโs engagement with Lympo saying that the app will be released later this year. It is also clearly indicated on Lympo.io, Lympo.com and in all of our communications, we are completely transparent about it. Thinking that a world-class star would risk her reputation saying something as false as this is rather incredible. These kinds of deals are discussed with multiple people representing the athlete, including written communication on every single word that Caroline would say. We are disappointed with this demonstration of complete ignorance about Lympo and bold accusations regarding our ambassador. To continue, yes, you are rightโโโthere will always be cheaters, be it fitness, taxes, gaming or any other area. Despite this, technology is constantly evolving due to innovative solutions and every day it is getting harder to cheat on all kinds of systems and platforms. With the right measures taken it inevitably comes to a point when cheating simply becomes too much of a hassle. We are already actively discussing with gear engineers about preventing all kinds of cheating. There are many measures and standards for that and for now we will be able to reduce it with programmed calculations, taking into account various factors which will serve to evaluate the validity of submitted data. In the future, we will certainly implement an AI-based data analyzer which will be able to evaluate data to an even greater degree of accuracy. Large amounts of raw data with multiple parameters will help to continuously train the AI and ensure the ever increasing accuracy of analysis results. Furthermore, token rewards will be small enough not to create an incentive to put actual effort into gaming the systemโโโit just wonโt be worth it, and so cheaters will not compromise our ecosystem. In fact, the challenges too will be designed to minimize this risk: 1. Challenges posted by a usersโ personal trainer after they paid in LYM tokens will work as a cash back option. One may cheat on those, sure, but generally, this group of people is interested in getting fit rather than struggling to find a way to cheat an app. 2. Challenges by sports events where you have to provide, for example, your marathon ticket number. This group of users is genuinely interested in running. They will pay a participation fee in advance and later use Lympo as a cash back system. We believe that this too will help minimize cheating, together with other measures. Going further, we agree that there was a miscommunication regarding purchases of LYM directly with USD. There are no direct pairings like LYM/USD, LYM/EUR or LYM for any fiat. You are right; this was a communication error from our side. We would also like to add that we are, in fact, currently working with several exchanges to launch LYM/Fiat pairs. Although we appreciate your efforts to write a comprehensive critique, in this case your position on Lympo is simply mistaken, and your tone is unconstructive and accusatory. In the future, we will only engage in constructive discussions since it takes too much of our time to respond to every single baseless accusation.\nLympo teamโ\n\n### ICO Info:\n\nThe information on the ICO was not listed on the Lympo site. I went with the closest estimate which was $17 million as listed on ICO drops. ICO bench lists Lympo as raising $8.36m, Track ICO says $11.5m. Considering this, I think I got pretty close. This is hardly a point of contention but Iโm glad it was pointed out.\n\n### Caroline\n\nCaroline was unintelligible in some parts of the interview, but is clearly heard saying \n\n>โWith using Lympo I think its just that extra motivationโ. \n\nThis is a present tense statement, clearly expressing that she uses the platform. Again, commenting on how motivating something is when it does not yet exist is an extremely bold claim to make, or just a terribly scripted statement.\n\n### Repeated claim that software will fix cheating:\n\nPreventing cheating using software is impossible. I spoke with Apple engineers on the ways an Apple Watch and other fitness devices can be cheated. I also know this from my years working as a personal trainer, using and recommending dozens of types of fitness tech. It all comes down to hardware being vulnerable to cheating, and no amount of software upgrades will change that. The Lympo team repeatedly claims software can fix this problem, it is a complete lie.\n\n### Reward payout:\n\nThis is actually hilarious, as its an admission their platform cannot work:\n\n> โFurthermore, token rewards will be small enough not to create an incentive to put actual effort into gaming the systemโ\nIf a fitness rewards platform canโt payout rewards, what exactly is it? Yes, I understand Lympo is more than a rewards payout system, but the cornerstone of how the ecosystem works is rewards given to its users.\n\n### Reward payout example:\n\nChallenges posted by a usersโ personal trainer after they paid in LYM tokens will work as a cash back option. One may cheat on those, sure, but generally, this group of people is interested in getting fit rather than struggling to find a way to cheat an app.โ\nI am not sure what this means, but โcash backโ is deceitful, LYM are tokens and not cash. There is no fiat gateway, and despite answers given to me suggesting otherwise, **LYM cannot be exchanged to fiat.**\n\nRegarding the second point, I think any business that posts a statement based on assumptions rather than research is a business you should stay away from. Again, cheating these devices is not a struggle, its extremely easy.\n\n###Reward payout example 2:\n\n> โChallenges by sports events where you have to provide, for example, your marathon ticket number.โ\n\nThe average cost of a marathon in the U.S is $60-$100. I would love to understand how the Lympo team thinks. Uploading a picture of a $60 bib to get a minuscule reward is a joke. At this point I think Lympo is flying by the seat of their pants trying to answer hard hitting questions.\n\n### Closing:\n\n> โAlthough we appreciate your efforts to write a comprehensive critique, in this case your position on Lympo is simply mistaken, and your tone is unconstructive and accusatory. In the future, we will only engage in constructive discussions since it takes too much of our time to respond to every single baseless accusation.โ\n\n* Rewards are small enough to not incentivize cheating. Essentially rewards are very, very small. For a rewards based platform, this is a pretty destructive statement.\n* Lympo thinks their software engineers are more experienced, talented, and understand more about tech than Apple engineers.\n* Lympo is upset I pointed out the horrible script Caroline read for the promotional video.\n* Lympo assumes users wonโt cheat, because โโฆthis group of people is interested in getting fit rather than struggling to find a way to cheat an app.โ Last time I checked, successful businesses were not based off of assumptions.\n* The Lympo team has never run a marathon, or doesnโt understand how the health and fitness industry works in the United States.\n\nIn their closing statement the Lympo team essentially said they were done talking to me on this topic. I think anyone reading this article should decide for themselves if these claims of mine are baseless. Iโm sorry if my tone seems harsh, its not personal its businesses.\n\n**If you donโt want your feelings hurt donโt make a shitty product and deceive your investors by leaving out key information in the whitepaper.**",
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}coin.infoupvoted (6.94%) @crypto-panda / the-dumpster-fire-that-is-odyssey-ocn2018/05/17 15:31:39
coin.infoupvoted (6.94%) @crypto-panda / the-dumpster-fire-that-is-odyssey-ocn
2018/05/17 15:31:39
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2018/05/17 15:31:36
| author | coin.info |
| body | **Coins mentioned in post:** Coin | | Price (USD) | ๐ 24h | ๐ 7d - | - | - | - | - **BTC** | Bitcoin | 8333.650$ | _0.77%_ | _-10.25%_ **ETH** | Ethereum | 705.821$ | _1.46%_ | _-6.61%_ **LUX** | LUXCoin | 8.088$ | _0.18%_ | _2.49%_ **OCN** | Odyssey | 0.020$ | _1.46%_ | _-43.54%_ **STEEM** | Steem | 2.891$ | _2.64%_ | _-14.74%_ |
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"body": "**Coins mentioned in post:**\n\nCoin | | Price (USD) | ๐ 24h | ๐ 7d\n- | - | - | - | -\n**BTC** | Bitcoin | 8333.650$ | _0.77%_ | _-10.25%_\n**ETH** | Ethereum | 705.821$ | _1.46%_ | _-6.61%_\n**LUX** | LUXCoin | 8.088$ | _0.18%_ | _2.49%_\n**OCN** | Odyssey | 0.020$ | _1.46%_ | _-43.54%_\n**STEEM** | Steem | 2.891$ | _2.64%_ | _-14.74%_",
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2018/05/17 15:27:42
| author | cheetah |
| body | Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in: https://blog.goodaudience.com/bullish-autonio-dexbot-generating-nearly-3-4-million-dollars-per-day-41b5158b72b0 |
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2018/05/17 15:27:39
| author | crypto-panda |
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2018/05/17 15:27:24
| author | crypto-panda |
| body | ## $30,000 in volume/hour and $90/day profitsโฆ Starting With $900 and a Press of a Button. <center>https://cdn-images-1.medium.com/max/800/1*qXAQWWlPl45-Wn5PEamy6g.png</center> The Autonio team has been working nonstop and are proud to announce the completion of the BTSDEX Bot, to be released publicly in the coming weeks. The BTSDEX Bot is so successful it even shocked Ali Raheman, CEO of Autonio. > โThe way I illustrate how amazing the market maker is, it even amazes me, is I just send a link [to the person] and they can run it themselves. The results speak for themselves.โโโโAli Raheman During testing the Bot **produced $30,000 of volume per hour with only $900 injected. $90 of profit was generated after a 24 hour cycle.** <center>https://cdn-images-1.medium.com/max/400/1*oiZ8MuY02SasK1eO5oyqQA.jpeg</center> <center>https://cdn-images-1.medium.com/max/400/1*s3s5CB9ClER0fV42DZlyqQ.jpeg</center> ## What is the significance of the BTSDEX Bot release? A clear solution for the illiquid DEX DEXโs are notorious for lack of liquidity and volume, a major reason why their use has not been popularized. Autonio has solved this problem. An unlimited number of bots can run on a single exchange. For example, one user with $50 can generate large amounts of volume all while creating profit for themselves. Hundreds of users with $50 investments can add millions of dollars in volume while producing profits. The benefit for the DEX, the user, and the community is immense. The bot is capable of an enormous amount of transactions. > โ300,000 trades per day for a single user on CEX, and 85,000 trade actions per day from an user on DEX. I think we can do up to 300 million executions per day soon, which is the Wall Street max by their largest hedge fund market maker.โ Sam Ben, Co Founder and CTO The transaction capacity clearly illustrates how a relatively small investment can generate such large amounts of volume. The Bot currently trades certain pairs, with many more to be added in the future. This is important to keep in mind, the Bot is not accessible with every pairing. > โIt will include 3 market making strategies that should provide high liquidity to DEXs on certain pairs. The bot has been efficient and profitable so far.โโโโAli Raheman Many decentralized exchanges list new coins/tokens for far less than their centralized counterparts, and some even list for free. Once more pairs are added, DEXโs can launch ICOโs with liquidity conducive to higher volume trading. This will greatly reduce volatility, especially for coins/tokens following an exchange listing. This is a major turning point for the future of the DEX. With BTSDEX Bot the performance gap in terms of trading volume between DEX and Centralized Exchange is narrowed significantly. ## True to Autonioโs Decentralized Vision, DEX Bot will be Released to the People While the Bot is intellectual property owned by Autonio, it is a decentralized program, created for the people. > โWe want to stay true to the mission of Autonio, and keep its decentralized nature. We will release this platform to the people.โโโโAli Raheman ## Ease of Use, Accessible To Anyone While automated bots can be key in a traders playbook, those lacking a deep understanding of technical indicators cannot use them successfully. The BTSDEX Bot, like Autonio, comes with a algorithmic marketplace enabling anyone and everyone to purchase a successful trading protocol and run it themselves. During testing profits ranged between 6โ10% of the initial investment per day. You read that right. **This is groundbreaking.** ## NIOโโโThe Market Maker Gold Standard The proven success of the BTSDEX Bot puts Autonio on the path to become the market maker Gold Standard across DEX platforms. Incorporation of NIO is a necessary step forward for any DEX wishing to compete in the crypto space. Illiquid, low volume, thin books and massive slippage will be a thing of the past. ### A Truly Functional Utility Token NIO is used to pay to access the Bot. Each payment is burned, reducing the supply over time. NIO is also used to purchase algorithms on the marketplace. ### This Sounds Too Good To Be True Keep in mind automated high frequency trading has been on Wall Street for years, and Autonio references many of the same Wall Street HFT techniques. While Wall Street has their bots locked behind closed doors, Autonio is available for the common man. ### Closing Thoughts **The BTSDEX Bot is revolutionary for a number of reasons.** * The only decentralized automated trading bot in the crypto space, and outside of it. This tech does not exist anywhere else. * Ease of use and primed for future adoption. Technical experience is not needed. * Solves a major problem facing DEXโs: illiquidity, low volume, and major slippage. * Autonio has been under the radar for sometime as the team has been working non-stop to create this revolutionary product. In the weeks leading up to the BTSDEX Bot launch you can expect to see an increase in marketing as the development phase nears completion and the adoption phase starts in full force. **Disclaimer:** The author absolutely holds Autonio and does not plan on selling any of it anytime soon. |
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"body": "## $30,000 in volume/hour and $90/day profitsโฆ Starting With $900 and a Press of a Button.\n\n<center>https://cdn-images-1.medium.com/max/800/1*qXAQWWlPl45-Wn5PEamy6g.png</center>\n\nThe Autonio team has been working nonstop and are proud to announce the completion of the BTSDEX Bot, to be released publicly in the coming weeks. The BTSDEX Bot is so successful it even shocked Ali Raheman, CEO of Autonio.\n\n> โThe way I illustrate how amazing the market maker is, it even amazes me, is I just send a link [to the person] and they can run it themselves. The results speak for themselves.โโโโAli Raheman\n\nDuring testing the Bot **produced $30,000 of volume per hour with only $900 injected. $90 of profit was generated after a 24 hour cycle.**\n\n<center>https://cdn-images-1.medium.com/max/400/1*oiZ8MuY02SasK1eO5oyqQA.jpeg</center>\n\n<center>https://cdn-images-1.medium.com/max/400/1*s3s5CB9ClER0fV42DZlyqQ.jpeg</center>\n\n## What is the significance of the BTSDEX Bot release?\n\nA clear solution for the illiquid DEX\nDEXโs are notorious for lack of liquidity and volume, a major reason why their use has not been popularized. Autonio has solved this problem.\n\nAn unlimited number of bots can run on a single exchange. For example, one user with $50 can generate large amounts of volume all while creating profit for themselves. Hundreds of users with $50 investments can add millions of dollars in volume while producing profits. The benefit for the DEX, the user, and the community is immense.\n\nThe bot is capable of an enormous amount of transactions.\n\n> โ300,000 trades per day for a single user on CEX, and 85,000 trade actions per day from an user on DEX. I think we can do up to 300 million executions per day soon, which is the Wall Street max by their largest hedge fund market maker.โ Sam Ben, Co Founder and CTO\n\nThe transaction capacity clearly illustrates how a relatively small investment can generate such large amounts of volume.\n\nThe Bot currently trades certain pairs, with many more to be added in the future. This is important to keep in mind, the Bot is not accessible with every pairing.\n\n> โIt will include 3 market making strategies that should provide high liquidity to DEXs on certain pairs. The bot has been efficient and profitable so far.โโโโAli Raheman\n\nMany decentralized exchanges list new coins/tokens for far less than their centralized counterparts, and some even list for free. Once more pairs are added, DEXโs can launch ICOโs with liquidity conducive to higher volume trading. This will greatly reduce volatility, especially for coins/tokens following an exchange listing.\n\nThis is a major turning point for the future of the DEX. With BTSDEX Bot the performance gap in terms of trading volume between DEX and Centralized Exchange is narrowed significantly.\n\n## True to Autonioโs Decentralized Vision, DEX Bot will be Released to the People\nWhile the Bot is intellectual property owned by Autonio, it is a decentralized program, created for the people.\n\n> โWe want to stay true to the mission of Autonio, and keep its decentralized nature. We will release this platform to the people.โโโโAli Raheman\n\n## Ease of Use, Accessible To Anyone\nWhile automated bots can be key in a traders playbook, those lacking a deep understanding of technical indicators cannot use them successfully. The BTSDEX Bot, like Autonio, comes with a algorithmic marketplace enabling anyone and everyone to purchase a successful trading protocol and run it themselves.\n\nDuring testing profits ranged between 6โ10% of the initial investment per day. You read that right. **This is groundbreaking.**\n\n## NIOโโโThe Market Maker Gold Standard\nThe proven success of the BTSDEX Bot puts Autonio on the path to become the market maker Gold Standard across DEX platforms. Incorporation of NIO is a necessary step forward for any DEX wishing to compete in the crypto space. Illiquid, low volume, thin books and massive slippage will be a thing of the past.\n\n### A Truly Functional Utility Token\nNIO is used to pay to access the Bot. Each payment is burned, reducing the supply over time. NIO is also used to purchase algorithms on the marketplace.\n\n### This Sounds Too Good To Be True\nKeep in mind automated high frequency trading has been on Wall Street for years, and Autonio references many of the same Wall Street HFT techniques. While Wall Street has their bots locked behind closed doors, Autonio is available for the common man.\n\n### Closing Thoughts\n**The BTSDEX Bot is revolutionary for a number of reasons.**\n\n* The only decentralized automated trading bot in the crypto space, and outside of it. This tech does not exist anywhere else.\n* Ease of use and primed for future adoption. Technical experience is not needed.\n* Solves a major problem facing DEXโs: illiquidity, low volume, and major slippage.\n* Autonio has been under the radar for sometime as the team has been working non-stop to create this revolutionary product. In the weeks leading up to the BTSDEX Bot launch you can expect to see an increase in marketing as the development phase nears completion and the adoption phase starts in full force.\n\n**Disclaimer:**\n The author absolutely holds Autonio and does not plan on selling any of it anytime soon.",
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"title": "The Autonio BTSDEX is Revolutionary and On Track to Become a Market Maker Gold Standard"
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}mrakodrapupvoted (10.00%) @crypto-panda / bibox-artificially-inflated-volume-in-pictures2018/05/17 15:26:06
mrakodrapupvoted (10.00%) @crypto-panda / bibox-artificially-inflated-volume-in-pictures
2018/05/17 15:26:06
| author | crypto-panda |
| permlink | bibox-artificially-inflated-volume-in-pictures |
| voter | mrakodrap |
| weight | 1000 (10.00%) |
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View Raw JSON Data
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}crypto-pandapublished a new post: the-dumpster-fire-that-is-odyssey-ocn2018/05/17 15:18:36
crypto-pandapublished a new post: the-dumpster-fire-that-is-odyssey-ocn
2018/05/17 15:18:36
| author | crypto-panda |
| body | ## I Read the Whitepaper So You Donโt Have to. Youโre Welcome. Iโve gotten a lot of flack for this title. Before shitposting and claiming its clickbait or โFUDโ read the article, thanks. Before diving in Iโd like to make very clear the Odyssey team is clearly engaging in market manipulation. There are two sides to this. One side being who cares, its an unregulated market AKA its all manipulated, just depends how heavily. Flip side being they have taken price manipulation to the next level using social media. I wrote about how the LUX and OCN teams manipulate markets weeks ago, and just recently **OCN dumped 40% pre-airdrop announcement after weeks of heavy shilling.** OK. *brushes sweat off forehead* Lets dive into it. ## **OCN Mission Statement** > โThe Future of Decentralized Sharing Economy The Foundation of Global Peer to Peer Ecosystemโ ยน <center>https://cdn-images-1.medium.com/max/720/1*Osc5RCl5OzXuioZouds0sw.png</center> <center>OCN Whitepaper, No Page Numbersโฆ Did you get an understanding of OCN from their mission statement? Probably not. Neither did I.</center> ## **Summary:** * oBike: I used Citi Bike in New York City to commute to work. I have traveled and used bike share programs in Israel (Tel Aviv), Ukraine (Lviv), Romania (Bucharest) Washington D.C, Raleigh N.C, and many other U.S cities and towns. I will say use of a cryptocurrency in this situation would be quite useful as foreign visitors can easily pay without hassle. However, a small highly volatile difficult to access no fiat gateway coin like OCN is a terrible solution, whereas Bitcoin or Ethereum would be much simpler for the general public. * The clearest parts of the whitepaper are the 4 pages of legal disclaimers in the beginning and various legal statements sprinkled throughout. * The Odyssey whitepaper is heavily lacking in substance. Full of generic and vague blockchain jargon, it is difficult to understand what OCN actually is trying to accomplish. A self-defined โSharing economyโ with no further explanation. Because of this, its near impossible to read and understand the whitepaper. I have no idea what the real goal, problems being solved, and use case of Odyssey is. I have no clue what โsharing economyโ means. Odyssey has an equal chance of being a decentralized dildo sharing economy as it has being a decentralized pillowcase economy. * Any platform that utilizes cryptocurrency must address volatility. Not doing so ignores a fundamental problem that will prevent any crypto-based platform from being successful. You cannot have a shared, decentralized economy with a highly volatile token as its main currency. * Given privacy is such an important aspect of transactions its surprising OCN is not privacy oriented, even though it plans to be used as the cornerstone of a โdecentralized sharing economyโ. * All profits generated go to โservice providersโ. Without fees of any kind I have no idea how Odyssey will sustain its platform. Service providers are undefined. * The voting system is abhorrent. Votes are weighted on credit, which is established over years on the platform, and holding of OCN. Larger the holding, more voting power. This clearly rewards the richest users. To top this off, voting is actually entirely meaningless as the Board of Directors has absolute control and is under no obligation or requirement to follow through with the community votes. * Their advertising plan is ass backwards, for lack of a better term. After the platform has an established user base, only then will they begin to advertise. * Suggests rating and review systems on current platforms (5 stars, thumbs up) are biased as the voting rules are centrally developed and votes can be manipulated to benefit said platform. <center>https://cdn-images-1.medium.com/max/720/1*cpnh8C4ugro0mAcbdGbiNg.png</center> <center>Odyssey Whitepaper</center> While OCN specifically lists this as a current detriment, depending on how you view it, their solution either changes nothing, or makes the current system worse. <center>https://cdn-images-1.medium.com/max/720/1*4ZlO4zCUXpS8-Na5c38Qbw.png</center> Using Steem as an example, using upvotes as a payment system leads to a glut of terrible content and upvote bots. How Odyssey will identify โimproper interactionsโ is not elaborated on. Considering this was a specific critique of the current system, their solution is surprisingly terrible and extremely vague. They attempted to solve this problem with this solution: <center>https://cdn-images-1.medium.com/max/720/1*oP0oXSNf99PCEKX0Q9rSaA.png</center> This is not a solution, its a process with no purpose. What happens during the 7 day freeze? How is Odyssey able to identify click farming from genuine clicks? This is a very short paragraph considering its a massive problem. <center>https://cdn-images-1.medium.com/max/720/1*BBTtexe3P3_oRl142CIGhQ.png</center> Again, without a stable currency an economy cannot function. Services available for purchase are not elaborated on. <center>https://cdn-images-1.medium.com/max/720/1*WwcnocssigMpvBQYgN6HHA.png</center> This is a clear catch-22. Where do the first community operators come from? The previous โService Consumerโ paragraph implies data is collected over a lifetime. <center>https://cdn-images-1.medium.com/max/720/1*L0HFNtjABtp8uD5Ql-_OOQ.png</center> This is in direct conflict with the entire mission statement of Odyssey. If voting power is determined by OCN holdings, the richest have the most power and control. To top that off, the votes actually donโt matter as the Board of Directors has absolute power and control and can veto any votes. <center>https://cdn-images-1.medium.com/max/720/1*hZRZn74XIE8wUzyFjNX_Kw.png</center> Very vague, no clarifying information whatsoever. If incentives are to high OCN will begin to inflate in price. <center>https://cdn-images-1.medium.com/max/720/1*H2wgB7yotL0dZ9zjF9PH9w.png</center> Incentives are left undefined in this paragraph, and throughout the whitepaper. Odysseyโs peer regulated review system is in direct contradiction with the rating system, as the rating system is able to identify and remove โimproper interactionsโ. Why this can be done with ratings but not reviews does not make much sense, especially considering how closely related the two are. <center>https://cdn-images-1.medium.com/max/720/1*HkiffWr7JzNsbVvfNmMb7Q.png</center> Generally advertising is done to build traffic. Iโm curious as to why they are choosing to advertise once the platform has a โreasonable scale of user base and trafficโ. How are advertising profits realized? By users joining the platform? How is the advertising paid for if there are no platform fees? ## **I Need a Coffee Break. Hereโs a Summary and Laughingly Terrible Whitepaper Excerpts.** I read through the entirety of the whitepaper, and have decided to stop critiquing further passages. The actual concept of Odyssey is so vague even after reading the whitepaper I still have no idea what it does. The amazing thing is, even with an unclear purpose, its extremely clear what its doing wrong. Iโll leave you with some absolutely nutso excerpts from the whitepaper: <center>https://cdn-images-1.medium.com/max/720/1*3cq_-Ak9VYJioQ_1dsDHhA.png</center> <center>No reference, and a very absurd claim. Although considering I do not know their definition of โsharing economyโ it could be quite accurate.</center> <center>https://cdn-images-1.medium.com/max/720/1*6fKFqfEYjmofGOcbkduPIw.png</center> <center>Odyssey, by definition, suggests the future will lend to global communism.</center> <center>https://cdn-images-1.medium.com/max/720/1*IqQyo8_X2xhUhgTGmSHDDQ.png</center> <center>The end of the whitepaper. Summary of what was not explained in the whitepaper. Plenty of bold claims with no attempts, at all, to support them.</center> <center>https://cdn-images-1.medium.com/max/720/1*_ac30zPvfghV4Y5E5DWLog.png</center> <center>She graduated from fucking high school. Didnโt know she was the first person with a Bachelors Degree to work at Microsoft, a 560 billion dollar company.</center> ## **Closing Thoughts:** As always, DYOR. I have no doubt OCN will continue to perform fantastically price wise, and I am a large bag holder. Why? You should know this answer by now. Greater fool theory. Shill power. Donโt overthink it. Remember, tech is dead. ### **For Funsies, Read A Significant Bulk of the Whitepaper, Legal Disclaimers!** <center>https://cdn-images-1.medium.com/max/540/1*rK-Dwmq5cK1dxq5L1H7qSg.png</center> <center>https://cdn-images-1.medium.com/max/540/1*5HtD1LnpmkT1_c_G5PPRCw.png</center> <center>https://cdn-images-1.medium.com/max/540/1*ryNMrrNONC2ESTGeBpNARA.png</center> <center>https://cdn-images-1.medium.com/max/540/1*mde5yIFmvhpnKwTUHiPZyA.png</center> <center>https://cdn-images-1.medium.com/max/540/1*BQF-N20em0VFlBt4LP9dcA.png</center> <center>https://cdn-images-1.medium.com/max/540/1*t5PmrTtufI-lXpjdQ-5d4g.png</center> <center>https://cdn-images-1.medium.com/max/720/1*Zq3FjbUrnAa676ShG8eF_g.png</center> |
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| parent author | |
| parent permlink | odyssey |
| permlink | the-dumpster-fire-that-is-odyssey-ocn |
| title | The Dumpster Fire that is Odyssey, OCN |
| Transaction Info | Block #22512669/Trx f4a96262975a74c60062af6d201a78496f973bbb |
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"body": "## I Read the Whitepaper So You Donโt Have to. Youโre Welcome.\n\nIโve gotten a lot of flack for this title. Before shitposting and claiming its clickbait or โFUDโ read the article, thanks.\n\nBefore diving in Iโd like to make very clear the Odyssey team is clearly engaging in market manipulation. There are two sides to this. One side being who cares, its an unregulated market AKA its all manipulated, just depends how heavily. Flip side being they have taken price manipulation to the next level using social media. I wrote about how the LUX and OCN teams manipulate markets weeks ago, and just recently **OCN dumped 40% pre-airdrop announcement after weeks of heavy shilling.**\n\nOK. *brushes sweat off forehead* Lets dive into it.\n\n## **OCN Mission Statement**\n> โThe Future of Decentralized Sharing Economy The Foundation of Global Peer to Peer Ecosystemโ ยน\n<center>https://cdn-images-1.medium.com/max/720/1*Osc5RCl5OzXuioZouds0sw.png</center>\n<center>OCN Whitepaper, No Page Numbersโฆ Did you get an understanding of OCN from their mission statement? Probably not. Neither did I.</center>\n\n## **Summary:**\n* oBike: I used Citi Bike in New York City to commute to work. I have traveled and used bike share programs in Israel (Tel Aviv), Ukraine (Lviv), Romania (Bucharest) Washington D.C, Raleigh N.C, and many other U.S cities and towns. I will say use of a cryptocurrency in this situation would be quite useful as foreign visitors can easily pay without hassle. However, a small highly volatile difficult to access no fiat gateway coin like OCN is a terrible solution, whereas Bitcoin or Ethereum would be much simpler for the general public.\n* The clearest parts of the whitepaper are the 4 pages of legal disclaimers in the beginning and various legal statements sprinkled throughout.\n* The Odyssey whitepaper is heavily lacking in substance. Full of generic and vague blockchain jargon, it is difficult to understand what OCN actually is trying to accomplish. A self-defined โSharing economyโ with no further explanation. Because of this, its near impossible to read and understand the whitepaper. I have no idea what the real goal, problems being solved, and use case of Odyssey is. I have no clue what โsharing economyโ means. Odyssey has an equal chance of being a decentralized dildo sharing economy as it has being a decentralized pillowcase economy.\n* Any platform that utilizes cryptocurrency must address volatility. Not doing so ignores a fundamental problem that will prevent any crypto-based platform from being successful. You cannot have a shared, decentralized economy with a highly volatile token as its main currency.\n* Given privacy is such an important aspect of transactions its surprising OCN is not privacy oriented, even though it plans to be used as the cornerstone of a โdecentralized sharing economyโ.\n* All profits generated go to โservice providersโ. Without fees of any kind I have no idea how Odyssey will sustain its platform. Service providers are undefined.\n* The voting system is abhorrent. Votes are weighted on credit, which is established over years on the platform, and holding of OCN. Larger the holding, more voting power. This clearly rewards the richest users. To top this off, voting is actually entirely meaningless as the Board of Directors has absolute control and is under no obligation or requirement to follow through with the community votes.\n* Their advertising plan is ass backwards, for lack of a better term. After the platform has an established user base, only then will they begin to advertise.\n* Suggests rating and review systems on current platforms (5 stars, thumbs up) are biased as the voting rules are centrally developed and votes can be manipulated to benefit said platform.\n\n<center>https://cdn-images-1.medium.com/max/720/1*cpnh8C4ugro0mAcbdGbiNg.png</center>\n<center>Odyssey Whitepaper</center>\n\nWhile OCN specifically lists this as a current detriment, depending on how you view it, their solution either changes nothing, or makes the current system worse.\n\n<center>https://cdn-images-1.medium.com/max/720/1*4ZlO4zCUXpS8-Na5c38Qbw.png</center>\n\nUsing Steem as an example, using upvotes as a payment system leads to a glut of terrible content and upvote bots. How Odyssey will identify โimproper interactionsโ is not elaborated on. Considering this was a specific critique of the current system, their solution is surprisingly terrible and extremely vague. They attempted to solve this problem with this solution:\n\n<center>https://cdn-images-1.medium.com/max/720/1*oP0oXSNf99PCEKX0Q9rSaA.png</center>\n\nThis is not a solution, its a process with no purpose. What happens during the 7 day freeze? How is Odyssey able to identify click farming from genuine clicks? This is a very short paragraph considering its a massive problem.\n\n<center>https://cdn-images-1.medium.com/max/720/1*BBTtexe3P3_oRl142CIGhQ.png</center>\n\nAgain, without a stable currency an economy cannot function. Services available for purchase are not elaborated on.\n\n<center>https://cdn-images-1.medium.com/max/720/1*WwcnocssigMpvBQYgN6HHA.png</center>\n\nThis is a clear catch-22. Where do the first community operators come from? The previous โService Consumerโ paragraph implies data is collected over a lifetime.\n\n<center>https://cdn-images-1.medium.com/max/720/1*L0HFNtjABtp8uD5Ql-_OOQ.png</center>\n\nThis is in direct conflict with the entire mission statement of Odyssey. If voting power is determined by OCN holdings, the richest have the most power and control. To top that off, the votes actually donโt matter as the Board of Directors has absolute power and control and can veto any votes.\n\n<center>https://cdn-images-1.medium.com/max/720/1*hZRZn74XIE8wUzyFjNX_Kw.png</center>\n\nVery vague, no clarifying information whatsoever. If incentives are to high OCN will begin to inflate in price.\n\n<center>https://cdn-images-1.medium.com/max/720/1*H2wgB7yotL0dZ9zjF9PH9w.png</center>\n\nIncentives are left undefined in this paragraph, and throughout the whitepaper. Odysseyโs peer regulated review system is in direct contradiction with the rating system, as the rating system is able to identify and remove โimproper interactionsโ. Why this can be done with ratings but not reviews does not make much sense, especially considering how closely related the two are.\n\n<center>https://cdn-images-1.medium.com/max/720/1*HkiffWr7JzNsbVvfNmMb7Q.png</center>\n\nGenerally advertising is done to build traffic. Iโm curious as to why they are choosing to advertise once the platform has a โreasonable scale of user base and trafficโ. How are advertising profits realized? By users joining the platform? How is the advertising paid for if there are no platform fees?\n\n## **I Need a Coffee Break. Hereโs a Summary and Laughingly Terrible Whitepaper Excerpts.**\n\nI read through the entirety of the whitepaper, and have decided to stop critiquing further passages. The actual concept of Odyssey is so vague even after reading the whitepaper I still have no idea what it does. The amazing thing is, even with an unclear purpose, its extremely clear what its doing wrong. Iโll leave you with some absolutely nutso excerpts from the whitepaper:\n\n<center>https://cdn-images-1.medium.com/max/720/1*3cq_-Ak9VYJioQ_1dsDHhA.png</center>\n<center>No reference, and a very absurd claim. Although considering I do not know their definition of โsharing economyโ it could be quite accurate.</center>\n\n<center>https://cdn-images-1.medium.com/max/720/1*6fKFqfEYjmofGOcbkduPIw.png</center>\n<center>Odyssey, by definition, suggests the future will lend to global communism.</center>\n\n<center>https://cdn-images-1.medium.com/max/720/1*IqQyo8_X2xhUhgTGmSHDDQ.png</center>\n<center>The end of the whitepaper. Summary of what was not explained in the whitepaper. Plenty of bold claims with no attempts, at all, to support them.</center>\n\n<center>https://cdn-images-1.medium.com/max/720/1*_ac30zPvfghV4Y5E5DWLog.png</center>\n<center>She graduated from fucking high school. Didnโt know she was the first person with a Bachelors Degree to work at Microsoft, a 560 billion dollar company.</center>\n\n## **Closing Thoughts:**\nAs always, DYOR. I have no doubt OCN will continue to perform fantastically price wise, and I am a large bag holder. Why? You should know this answer by now. Greater fool theory. Shill power. Donโt overthink it. Remember, tech is dead.\n\n### **For Funsies, Read A Significant Bulk of the Whitepaper, Legal Disclaimers!**\n\n<center>https://cdn-images-1.medium.com/max/540/1*rK-Dwmq5cK1dxq5L1H7qSg.png</center>\n\n<center>https://cdn-images-1.medium.com/max/540/1*5HtD1LnpmkT1_c_G5PPRCw.png</center>\n\n<center>https://cdn-images-1.medium.com/max/540/1*ryNMrrNONC2ESTGeBpNARA.png</center>\n\n<center>https://cdn-images-1.medium.com/max/540/1*mde5yIFmvhpnKwTUHiPZyA.png</center>\n\n<center>https://cdn-images-1.medium.com/max/540/1*BQF-N20em0VFlBt4LP9dcA.png</center>\n\n<center>https://cdn-images-1.medium.com/max/540/1*t5PmrTtufI-lXpjdQ-5d4g.png</center>\n\n<center>https://cdn-images-1.medium.com/max/720/1*Zq3FjbUrnAa676ShG8eF_g.png</center>",
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2018/05/17 15:11:39
| author | crypto-panda |
| permlink | creating-a-novel-intelligent-trading-dex-autonio-and-crypto-bridge-partnership |
| voter | coin.info |
| weight | 694 (6.94%) |
| Transaction Info | Block #22512530/Trx bcbdae28871e1dc9029deb10116d54c1e94f16e6 |
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2018/05/17 15:11:36
| author | coin.info |
| body | **Coins mentioned in post:** Coin | | Price (USD) | ๐ 24h | ๐ 7d - | - | - | - | - **AGI** | SingularityNET | 0.185$ | _11.49%_ | _-6.97%_ **BCO** | BridgeCoin | 3.055$ | _2.85%_ | _-3.91%_ **BTC** | Bitcoin | 8352.210$ | _1.04%_ | _-10.1%_ **LTC** | Litecoin | 139.563$ | _1.64%_ | _-10.69%_ **MKR** | Maker | 911.388$ | _3.32%_ | _-15.82%_ |
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}crypto-pandapublished a new post: hade-platform-investing-in-the-blockchain-age2018/05/17 15:10:18
crypto-pandapublished a new post: hade-platform-investing-in-the-blockchain-age
2018/05/17 15:10:18
| author | crypto-panda |
| body | > โWe aim to become the worldโs largest network for investment research by utilizing blockchain technology with machine learning, data visualization, data analysis, and artificial intelligence with plans to disrupt a $50 billion industry.โ ยน ## **Origins, Team Background** Hade has a 35 member team split between 5 divisions, being Programming, Machine Learning and AI, Database, Quality Control, and Business Development. Brian Nichols, President and Founder, is an investor and equity analyst, and Rajesh Pavithran, CEO of Boon.Tech is an advisor. When googling Brian Nichols be sure to write โBrian Nichols investorโ. <center>https://cdn-images-1.medium.com/max/720/1*i0IEOqrnCf9pPRoixdwSxg.png</center> <center>Not Brian Nichols. Or is he?</center> ## **Quick Summary:** * Hade is an equity research platform which has a unique and immense database comprising of nearly 4,000,000 unique data points that fall in over 100,000 categories on more than 4,500 companies. * Trusting the reports generated by an investment firm is no longer required, transparency is a given using the blockchain. The days of trusting data, research, and its results are over. Blockchain makes data verifiable. * Transparency also applies to advertisers using the platform. Impressions per user, time spent per page, this valuable information is stored on the blockchain. * To jump start adoption Hade is providing otherwise expensive (competitors start at $1,000/month) financial services for free. * Hade is also a social network comprising of chatrooms and forums to keep users engaged on the platform. HADE Tokens are given as rewards to users who complete certain tasks. * Can purchase premium services from the Hade Store using the HADE Token. ## **Diving In the Detail** The 2008 financial meltdown should have taught people that placing their trust and money in major financial institutions is not a wise decision. With blockchain technology, trust is unnecessary. Enter the Hade platform. Hade platform is an equity research platform, which is a platform that provides insight and analysis into a company, sector, or entity for investors to then use to make decisions. Hade is able to provide these otherwise expensive financial services for free to its users. <center>https://cdn-images-1.medium.com/max/720/1*67Vki4O7_ZqxVcMxIiV9Ug.png</center> <center>Source: Hade Whitepaper</center> One of the major selling points are the low fees, which Hade is able to have due to a transparent advertising system. Advertising runs on the blockchain as well, and potential marketing clients can see the impressions per user and make an informed decision on the success of an ad campaign. Hade states in its whitepaper that it has, to its knowledge, the worlds most valuable database when it comes to equity research. This combined with the use of blockchain technology separates Hade from the competition. > โโฆbeing able to source the origination of each data point in a decentralized, verifiable, immutable ledger would be game-changing as a way to support the accuracy, management, and reliability of our database, which is the most important component to our business.โ ยน ## **The Hade Database Separates the Men From the Boys** Hade provides plenty of insight into their database, how they acquired information, how it outranks its competitors, and why it is the best. The Hade platform includes unique company data, manually collected by analysts. This aggregation comprises of nearly 4,000,000 unique data points that fall in over 100,000 categories on more than 4,500 companies. With a click of a button a user can compare any one data point with another. <center>https://cdn-images-1.medium.com/max/720/1*u_NM0eFTJ5njsEeOjtbtpw.png</center> <center>Source: Hade Whitepaper</center> Additionally, an investor using Hade can generate real time research reports on any of the 4500 companies on the platform. During testing these prediction and forecast reports were 57% more accurate than Wall Street competitors. Again, Hade is able to achieve this using its large and unique database. ## **HADE Token Use Cases** Purchasing premium services on the Hade Marketplace: <center>https://cdn-images-1.medium.com/max/720/1*c6jH4i_2g9OeFItxfjhQTA.png</center> <center>Source: Hade Whitepaper</center> * Enterprise customers (users who manage an organizations assets) can license Hade Platform services on their companies designed subdomain (AbcFinance.HADEPlatform.com). These users would purchase HADE in bulk. * Selling tokenized investment products like mutual funds and ETFs. * Advertisers use HADE Token to purchase ad spots * HADE Tokens are airdropped as rewards to active users. Active meaning posting in forums, posting charts, engaging on the platform. <center>https://cdn-images-1.medium.com/max/720/1*1nl0V_QM-uq22bVTqxOJXA.png</center> <center>Source: Hade Whitepaper</center> ## **Conclusions** Hade is the first investment platform to enter the cryptospace, and it is run by a highly qualified team. Rajesh Pavithran is an advisor and CEO of Boon.Tech, a freelancer marketplace. Greg Tavalsky, Vice President of Digital Media Sales at IBM is both an advisor to Hade and Boon.Tech. The whitepaper is a breath of fresh air in the cryptospace, focusing on competitors and real problems needing to be solved. Bringing transparency to a notoriously greed filled cesspool that is Wall Street is just one aspect of Hade that truly makes it stand out in the cryptosphere. Disclaimer: I do hold Hade Token. Reasons for doing so all listed above. Recent bullish events include release of Hade Pay (will write about this soon), listing its marketcap on coinmarketcap (much more exposure), and plenty of money behind the platform for exchange listings and marketing. **References:** https://hade.io/whitepaper/HADE_Whitepaper.pdf |
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| parent permlink | cryptocurrency |
| permlink | hade-platform-investing-in-the-blockchain-age |
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"body": "> โWe aim to become the worldโs largest network for investment research by utilizing blockchain technology with machine learning, data visualization, data analysis, and artificial intelligence with plans to disrupt a $50 billion industry.โ ยน\n## **Origins, Team Background**\nHade has a 35 member team split between 5 divisions, being Programming, Machine Learning and AI, Database, Quality Control, and Business Development.\n\nBrian Nichols, President and Founder, is an investor and equity analyst, and Rajesh Pavithran, CEO of Boon.Tech is an advisor. When googling Brian Nichols be sure to write โBrian Nichols investorโ.\n\n<center>https://cdn-images-1.medium.com/max/720/1*i0IEOqrnCf9pPRoixdwSxg.png</center>\n<center>Not Brian Nichols. Or is he?</center>\n\n## **Quick Summary:**\n* Hade is an equity research platform which has a unique and immense database comprising of nearly 4,000,000 unique data points that fall in over 100,000 categories on more than 4,500 companies.\n* Trusting the reports generated by an investment firm is no longer required, transparency is a given using the blockchain. The days of trusting data, research, and its results are over. Blockchain makes data verifiable.\n* Transparency also applies to advertisers using the platform. Impressions per user, time spent per page, this valuable information is stored on the blockchain.\n* To jump start adoption Hade is providing otherwise expensive (competitors start at $1,000/month) financial services for free.\n* Hade is also a social network comprising of chatrooms and forums to keep users engaged on the platform. HADE Tokens are given as rewards to users who complete certain tasks.\n* Can purchase premium services from the Hade Store using the HADE Token.\n\n## **Diving In the Detail**\nThe 2008 financial meltdown should have taught people that placing their trust and money in major financial institutions is not a wise decision. With blockchain technology, trust is unnecessary. Enter the Hade platform.\n\nHade platform is an equity research platform, which is a platform that provides insight and analysis into a company, sector, or entity for investors to then use to make decisions. Hade is able to provide these otherwise expensive financial services for free to its users.\n\n<center>https://cdn-images-1.medium.com/max/720/1*67Vki4O7_ZqxVcMxIiV9Ug.png</center>\n<center>Source: Hade Whitepaper</center>\n\nOne of the major selling points are the low fees, which Hade is able to have due to a transparent advertising system. Advertising runs on the blockchain as well, and potential marketing clients can see the impressions per user and make an informed decision on the success of an ad campaign.\n\nHade states in its whitepaper that it has, to its knowledge, the worlds most valuable database when it comes to equity research. This combined with the use of blockchain technology separates Hade from the competition.\n\n> โโฆbeing able to source the origination of each data point in a decentralized, verifiable, immutable ledger would be game-changing as a way to support the accuracy, management, and reliability of our database, which is the most important component to our business.โ ยน\n\n## **The Hade Database Separates the Men From the Boys**\nHade provides plenty of insight into their database, how they acquired information, how it outranks its competitors, and why it is the best.\n\nThe Hade platform includes unique company data, manually collected by analysts. This aggregation comprises of nearly 4,000,000 unique data points that fall in over 100,000 categories on more than 4,500 companies. With a click of a button a user can compare any one data point with another.\n\n<center>https://cdn-images-1.medium.com/max/720/1*u_NM0eFTJ5njsEeOjtbtpw.png</center>\n<center>Source: Hade Whitepaper</center>\n\nAdditionally, an investor using Hade can generate real time research reports on any of the 4500 companies on the platform. During testing these prediction and forecast reports were 57% more accurate than Wall Street competitors. Again, Hade is able to achieve this using its large and unique database.\n\n## **HADE Token Use Cases**\nPurchasing premium services on the Hade Marketplace:\n<center>https://cdn-images-1.medium.com/max/720/1*c6jH4i_2g9OeFItxfjhQTA.png</center>\n<center>Source: Hade Whitepaper</center>\n* Enterprise customers (users who manage an organizations assets) can license Hade Platform services on their companies designed subdomain (AbcFinance.HADEPlatform.com). These users would purchase HADE in bulk.\n* Selling tokenized investment products like mutual funds and ETFs.\n* Advertisers use HADE Token to purchase ad spots\n* HADE Tokens are airdropped as rewards to active users. Active meaning posting in forums, posting charts, engaging on the platform.\n<center>https://cdn-images-1.medium.com/max/720/1*1nl0V_QM-uq22bVTqxOJXA.png</center>\n<center>Source: Hade Whitepaper</center>\n\n## **Conclusions**\nHade is the first investment platform to enter the cryptospace, and it is run by a highly qualified team. Rajesh Pavithran is an advisor and CEO of Boon.Tech, a freelancer marketplace. Greg Tavalsky, Vice President of Digital Media Sales at IBM is both an advisor to Hade and Boon.Tech.\n\nThe whitepaper is a breath of fresh air in the cryptospace, focusing on competitors and real problems needing to be solved.\n\nBringing transparency to a notoriously greed filled cesspool that is Wall Street is just one aspect of Hade that truly makes it stand out in the cryptosphere.\n\nDisclaimer: I do hold Hade Token. Reasons for doing so all listed above. Recent bullish events include release of Hade Pay (will write about this soon), listing its marketcap on coinmarketcap (much more exposure), and plenty of money behind the platform for exchange listings and marketing.\n\n**References:**\n\nhttps://hade.io/whitepaper/HADE_Whitepaper.pdf",
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}darwin22upvoted (100.00%) @crypto-panda / comparison-of-hade-pay-to-the-ripple-transaction-protocol2018/05/17 15:05:54
darwin22upvoted (100.00%) @crypto-panda / comparison-of-hade-pay-to-the-ripple-transaction-protocol
2018/05/17 15:05:54
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}crypto-pandapublished a new post: comparison-of-hade-pay-to-the-ripple-transaction-protocol2018/05/17 15:04:39
crypto-pandapublished a new post: comparison-of-hade-pay-to-the-ripple-transaction-protocol
2018/05/17 15:04:39
| author | crypto-panda |
| body | #### <center>Hade Pay: Payment Processor, Exchange, and Wallet with security by Verifie</center> <center>https://cdn-images-1.medium.com/max/720/1*dehYCiOiDXzPvZHODOf8mw.png</center> <center>Hade Pay is one of three components of the Hade Platform. Source: www.hadeplatform.com</center> Before diving in, let me make this very clear. This is not an attempt to bash either Hade or Ripple, or promote either Hade or Ripple. I am not being paid to write this. If I decided to write this for the Hade Platform, I would have been paid. Instead it is being released here, no monetization for me. If you are unfamiliar with the Hade Platform, there is an article covering it in detail here. > โCurrently, there is no streamlined service able to unlock that value and use the tokens and coins within a business. There is no solution to support fiat, cryptocurrency, altcoins, or ERC20 tokens in one place, nor is there a solution to support recurring payments. Hade Pay is the first and only service that can do all of the above, and make buying and using digital currencies easy.โ ยน ## **What is Hade Pay?** * Transaction fees of .5% or .25% for businesses that have HADE token in their wallet. * Use of Verifie for security features to identify and confirm vendors and businesses, reducing fraud and theft. * Future fiat-cryptocurrency gateway. * Instantly purchase HADE tokens at market price. * Use of โTokenized Investment Fundsโ (TIFโs). These serve as a more stable store of value. Once these are fully developed Hade may file to label them as a security. * The launch of Hade Pay saw 220,000 users sign up for the service. This did not cause any downtime on the platform. * In development of a private blockchain, functioning as a hybrid of STEEM and Ethereum that will better be able to conduct transactions in real time. * Not classified as a security by the SEC. * Any token issuing company can use Hade Pay to grow its network and offer a streamlined method of buying, selling, storing and exchanging their token. > โWe are thrilled by the initial response and feedback that our community has provided related to Hade Pay. We believe it is an absolute breakthrough and when combined with Verifie it is the first and only solution to penetrate the very large, untapped business-to-consumer digital payments industry.โ ยฒ ## **Volatility** Cryptocurrency volatility prevents daily use and adoption in the world outside of the cryptosphere. Creating any sort of platform or payment system that does not address this issue dooms it to failure from day one. ### **Introduction of Tokenized Investment Funds, or TIFโs** A TIF is a single token with value derived from the performance of all of its components. <center>https://cdn-images-1.medium.com/max/720/1*hr2AJrwNZnYxRS5ngmMriQ.png</center> <center>Source: Hade Pay Summary</center> >โWe believe the key to creating such funds is a hybrid approach, one where the components can be held as an investment, much like people hold USD or euros, or extracted and used at any time to unlock value, much like people spend USD or euros.โ ยน A clear shortcoming of TIFโs are the fact that alts follow BTC, and volatility is a universal component of crypto. Lets take a look at Ripple. Before looking at how it compares to Hade Pay, **its important to gather a whole picture from an investment-stability perspective.** ## **Whats Up with Ripple?** Obviously Ripple has an enormous head start. They have dozens of partnerships and enormous exposure in the cryptospace and outside of it. BUT, Ripple has been in a rough spot as of late. They have been hit with a class action lawsuit claiming Ripple created billions of coins out of thin air to then sell to the public (Coffey v. Ripple Labs Inc., Superior Court of the State of California). The lawsuit also highlighted the fact that Ripple attempted to bribe Coinbase and Gemini to list XRP. This case will likely take years to come to fruition, however it is still an important thing to be aware of. ### **Security Classification** Ripple has been fighting claims that XRP is a security. Granted, many coins/tokens as of late have fought this claim as well. The primary difference is that XRP is a private blockchain ### **Coinmarketcap Rank** Ripple has received a huge amount of attention with its mooning prices in 2017 to the beginning of 2018. The dump afterwards was equally as spectacular. It is important to keep in mind Coinmarketcap often does not accurately show real marketcap values. Realcoincap on the other hand uses normalized supply to determine marketcap, disregarding locked up and inaccessible coins. With this more accurate view, Ripple has a current marketcap of 392m, at number 21 on the list. <center>https://cdn-images-1.medium.com/max/720/1*zPxhFeuui__HJyav3pq7kw.png</center> <center>Source: www.realcoincap.org</center> Marketcaps are frequently used by investors to determine a coins value. Owning the top 5 on Coinmarketcap is of enormous benefit, this fact cannot be argued. ## **Comparing Hade Pay to the Ripple Transaction Protocol** Hopefully your still here. If Iโm losing you, hereโs a GIF to keep you interested. <center>https://cdn-images-1.medium.com/max/720/1*Vhal9Jqg-oTbGw7dTb6MoA.gif</center> <center> So cute. Much yum.</center> ### **Transaction Costs:** Ripple is far cheaper to send and receive than Hade, charging 0.00001 XRP for a standard transaction, rather than a percentage of the total transaction. Charging a flat rate, small fee, versus a percentage is a clear advantage XRP holds over Hade Pay. ### **Use of a Private Blockchain:** Both Ripple and Hade Pay use a private blockchain. Hade Pay has not yet implemented theirs, but will in the future. ### **Fiat Gatway:** Hade Pay will be introducing a fiat gateway into their platform, Ripple has no plans to do so. ### **Security Classification:** Hade clearly has an advantage here, no SEC FUD. Ripple is working on this. ### **Liquidity:** Ripple uses xRapid to source liquidity. Hade Pay uses their platform to provide liquidity in much the same way. ### **Differing Goals:** Ripple aims to be used for large international transactions between banks and institutions. Hade Pay is a payment solution for businesses, similar to Stripe. So why compare the two platforms? Hade shares more similarities with Ripple than any other project, primarily because they both use private blockchains and are more centralized than other crypto ventures. Both use private blockchains for the purpose of faster transaction time. ## **Conclusions** These two projects are the most centralized of any crypto venture. Both are designed from the start for corporations and businesses to use. It will be interesting to see if any more semi-privatized crypto projects enter the space, and if so how they perform. **References:** https://hadeplatform.com/hadepay-summary.pdf https://hadeplatform.com/articles/2018/05/14/you-can-buy-tokens-with-hade-pay |
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| parent author | |
| parent permlink | cryptocurrency |
| permlink | comparison-of-hade-pay-to-the-ripple-transaction-protocol |
| title | Comparison of Hade Pay to the Ripple Transaction Protocol |
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"body": "#### <center>Hade Pay: Payment Processor, Exchange, and Wallet with security by Verifie</center>\n\n<center>https://cdn-images-1.medium.com/max/720/1*dehYCiOiDXzPvZHODOf8mw.png</center>\n\n<center>Hade Pay is one of three components of the Hade Platform. Source: www.hadeplatform.com</center>\nBefore diving in, let me make this very clear. This is not an attempt to bash either Hade or Ripple, or promote either Hade or Ripple. I am not being paid to write this. If I decided to write this for the Hade Platform, I would have been paid. Instead it is being released here, no monetization for me.\n\nIf you are unfamiliar with the Hade Platform, there is an article covering it in detail here.\n\n> โCurrently, there is no streamlined service able to unlock that value and use the tokens and coins within a business. There is no solution to support fiat, cryptocurrency, altcoins, or ERC20 tokens in one place, nor is there a solution to support recurring payments. Hade Pay is the first and only service that can do all of the above, and make buying and using digital currencies easy.โ ยน\n\n## **What is Hade Pay?**\n\n* Transaction fees of .5% or .25% for businesses that have HADE token in their wallet.\n* Use of Verifie for security features to identify and confirm vendors and businesses, reducing fraud and theft.\n* Future fiat-cryptocurrency gateway.\n* Instantly purchase HADE tokens at market price.\n* Use of โTokenized Investment Fundsโ (TIFโs). These serve as a more stable store of value. Once these are fully developed Hade may file to label them as a security.\n* The launch of Hade Pay saw 220,000 users sign up for the service. This did not cause any downtime on the platform.\n* In development of a private blockchain, functioning as a hybrid of STEEM and Ethereum that will better be able to conduct transactions in real time.\n* Not classified as a security by the SEC.\n* Any token issuing company can use Hade Pay to grow its network and offer a streamlined method of buying, selling, storing and exchanging their token.\n\n> โWe are thrilled by the initial response and feedback that our community has provided related to Hade Pay. We believe it is an absolute breakthrough and when combined with Verifie it is the first and only solution to penetrate the very large, untapped business-to-consumer digital payments industry.โ ยฒ\n\n## **Volatility**\n\nCryptocurrency volatility prevents daily use and adoption in the world outside of the cryptosphere. Creating any sort of platform or payment system that does not address this issue dooms it to failure from day one.\n\n### **Introduction of Tokenized Investment Funds, or TIFโs**\nA TIF is a single token with value derived from the performance of all of its components.\n\n<center>https://cdn-images-1.medium.com/max/720/1*hr2AJrwNZnYxRS5ngmMriQ.png</center>\n<center>Source: Hade Pay Summary</center>\n\n>โWe believe the key to creating such funds is a hybrid approach, one where the components can be held as an investment, much like people hold USD or euros, or extracted and used at any time to unlock value, much like people spend USD or euros.โ ยน\n\nA clear shortcoming of TIFโs are the fact that alts follow BTC, and volatility is a universal component of crypto.\n\nLets take a look at Ripple. Before looking at how it compares to Hade Pay, **its important to gather a whole picture from an investment-stability perspective.**\n\n## **Whats Up with Ripple?**\n\nObviously Ripple has an enormous head start. They have dozens of partnerships and enormous exposure in the cryptospace and outside of it. BUT, Ripple has been in a rough spot as of late.\n\nThey have been hit with a class action lawsuit claiming Ripple created billions of coins out of thin air to then sell to the public (Coffey v. Ripple Labs Inc., Superior Court of the State of California). The lawsuit also highlighted the fact that Ripple attempted to bribe Coinbase and Gemini to list XRP. This case will likely take years to come to fruition, however it is still an important thing to be aware of.\n\n### **Security Classification**\n\nRipple has been fighting claims that XRP is a security. Granted, many coins/tokens as of late have fought this claim as well. The primary difference is that XRP is a private blockchain\n\n### **Coinmarketcap Rank**\n\nRipple has received a huge amount of attention with its mooning prices in 2017 to the beginning of 2018. The dump afterwards was equally as spectacular. It is important to keep in mind Coinmarketcap often does not accurately show real marketcap values.\n\nRealcoincap on the other hand uses normalized supply to determine marketcap, disregarding locked up and inaccessible coins. With this more accurate view, Ripple has a current marketcap of 392m, at number 21 on the list.\n\n<center>https://cdn-images-1.medium.com/max/720/1*zPxhFeuui__HJyav3pq7kw.png</center>\n<center>Source: www.realcoincap.org</center>\n\nMarketcaps are frequently used by investors to determine a coins value. Owning the top 5 on Coinmarketcap is of enormous benefit, this fact cannot be argued.\n\n## **Comparing Hade Pay to the Ripple Transaction Protocol**\n\nHopefully your still here. If Iโm losing you, hereโs a GIF to keep you interested.\n\n<center>https://cdn-images-1.medium.com/max/720/1*Vhal9Jqg-oTbGw7dTb6MoA.gif</center>\n<center> So cute. Much yum.</center>\n\n### **Transaction Costs:**\n\nRipple is far cheaper to send and receive than Hade, charging 0.00001 XRP for a standard transaction, rather than a percentage of the total transaction. Charging a flat rate, small fee, versus a percentage is a clear advantage XRP holds over Hade Pay.\n\n### **Use of a Private Blockchain:**\n\nBoth Ripple and Hade Pay use a private blockchain. Hade Pay has not yet implemented theirs, but will in the future.\n\n### **Fiat Gatway:**\n\nHade Pay will be introducing a fiat gateway into their platform, Ripple has no plans to do so.\n\n### **Security Classification:**\n\nHade clearly has an advantage here, no SEC FUD. Ripple is working on this.\n\n### **Liquidity:**\n\nRipple uses xRapid to source liquidity. Hade Pay uses their platform to provide liquidity in much the same way.\n\n### **Differing Goals:**\n\nRipple aims to be used for large international transactions between banks and institutions. Hade Pay is a payment solution for businesses, similar to Stripe. So why compare the two platforms? Hade shares more similarities with Ripple than any other project, primarily because they both use private blockchains and are more centralized than other crypto ventures. Both use private blockchains for the purpose of faster transaction time.\n\n## **Conclusions**\nThese two projects are the most centralized of any crypto venture. Both are designed from the start for corporations and businesses to use. It will be interesting to see if any more semi-privatized crypto projects enter the space, and if so how they perform.\n\n**References:**\n\nhttps://hadeplatform.com/hadepay-summary.pdf\nhttps://hadeplatform.com/articles/2018/05/14/you-can-buy-tokens-with-hade-pay",
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}crypto-pandaupvoted (100.00%) @crypto-panda / bibox-artificially-inflated-volume-in-pictures2018/05/17 14:56:03
crypto-pandaupvoted (100.00%) @crypto-panda / bibox-artificially-inflated-volume-in-pictures
2018/05/17 14:56:03
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}ashir-zuhaibupvoted (100.00%) @crypto-panda / bibox-artificially-inflated-volume-in-pictures2018/05/17 14:56:00
ashir-zuhaibupvoted (100.00%) @crypto-panda / bibox-artificially-inflated-volume-in-pictures
2018/05/17 14:56:00
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}crypto-pandapublished a new post: bibox-artificially-inflated-volume-in-pictures2018/05/17 14:55:45
crypto-pandapublished a new post: bibox-artificially-inflated-volume-in-pictures
2018/05/17 14:55:45
| author | crypto-panda |
| body | <center>https://cdn-images-1.medium.com/max/1080/1*IEHE5qnjCoeHS4APN88fEA.jpeg</center> <center>CMC volume stats</center> <center>https://cdn-images-1.medium.com/max/900/1*fK4IRyRG7n-rmlyKXplG-A.jpeg</center> <center>Web traffic.</center> <center>https://cdn-images-1.medium.com/max/900/1*PI2agKSNjjnZt2tps8gN_g.jpeg</center> <center>Bytomโโโ62M volume according to CMC. Slippage to $.17/unit if you sold $11,000 at once.</center> <center>https://cdn-images-1.medium.com/max/720/1*1_54lTgIZE_aGUB5o0jNVw.jpeg</center> <center>BTCโโโ30.1M volume according to CMC. Again, major slippage if you sold around $15,000 at once.</center> <center>https://cdn-images-1.medium.com/max/720/1*EqvyiHMy_N_bgsiCgWFGtg.jpeg</center> <center>BIX order books looks a bit more juicy. 26M volume according to CMC.</center> <center>https://cdn-images-1.medium.com/max/540/1*-MaiPUhSWJbP1y-FSsmzjA.jpeg</center> <center>Historical data for BIX makes little to no sense. Volume is all over the place, fluctuating between tens of millions to just a few hundred thousand.</center> <center>Volume manipulation/falsification is nothing new. The fascinating aspect about this is its so easily passed off as โtrue volumeโ, even though accessing the exchange and using it would be a clear indicator its not.</center> <center>As always, make your own decisions.</center> |
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| permlink | bibox-artificially-inflated-volume-in-pictures |
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"body": "<center>https://cdn-images-1.medium.com/max/1080/1*IEHE5qnjCoeHS4APN88fEA.jpeg</center>\n<center>CMC volume stats</center>\n\n\n<center>https://cdn-images-1.medium.com/max/900/1*fK4IRyRG7n-rmlyKXplG-A.jpeg</center>\n<center>Web traffic.</center>\n\n\n<center>https://cdn-images-1.medium.com/max/900/1*PI2agKSNjjnZt2tps8gN_g.jpeg</center>\n<center>Bytomโโโ62M volume according to CMC. Slippage to $.17/unit if you sold $11,000 at once.</center>\n\n<center>https://cdn-images-1.medium.com/max/720/1*1_54lTgIZE_aGUB5o0jNVw.jpeg</center>\n<center>BTCโโโ30.1M volume according to CMC. Again, major slippage if you sold around $15,000 at once.</center>\n\n<center>https://cdn-images-1.medium.com/max/720/1*EqvyiHMy_N_bgsiCgWFGtg.jpeg</center>\n<center>BIX order books looks a bit more juicy. 26M volume according to CMC.</center>\n\n<center>https://cdn-images-1.medium.com/max/540/1*-MaiPUhSWJbP1y-FSsmzjA.jpeg</center>\n<center>Historical data for BIX makes little to no sense. Volume is all over the place, fluctuating between tens of millions to just a few hundred thousand.</center>\n\n<center>Volume manipulation/falsification is nothing new. The fascinating aspect about this is its so easily passed off as โtrue volumeโ, even though accessing the exchange and using it would be a clear indicator its not.</center>\n\n<center>As always, make your own decisions.</center>",
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}crypto-pandapublished a new post: daneel-boon-and-hade-strong-partnerships-teams-and-advisors2018/05/17 14:49:03
crypto-pandapublished a new post: daneel-boon-and-hade-strong-partnerships-teams-and-advisors
2018/05/17 14:49:03
| author | crypto-panda |
| body | <center></center> IBMโs partnership and work with Stellar Lumens (XLM) is extremely bullish and is part of a strong catalyst that drives XLM price. Its not a quiet partnership, articles are written regularly enough to keep excitement at a high. Jesse Lund, IBMโs head of Blockchain Development: > โIBMโs partnership with Stellar is strong and growing to become an even more integral part of the IBM Blockchain Platform strategy as we begin to expand support from private-permissioned blockchain networks to public-pemissioned networks, enabling use cases from growing client demand for such.โ IBM is actively using XLM as we speak, and has no plans to create their own blockchain to replace it. XLM would be the coin used in these processes. **Why it matters:** I recently discovered three IDEX gems, all of which share striking similarities: Boon.Tech utilizes IBMโs Watson, as does Daneel (DAN). All have team members with common backgrounds. Rajesh Pavithran, CEO of Boon.tech also serves as an advisor for HADE. All were, until recently, heavily under ICO price with DAN taking off just a day ago (DAN +1000%). * Hadeโโโ71.5% below ICO priceโโโ1,817,113.63636 Marketcap ICOโโโ4.135.5M raised/30M * Boonโโโ83.8% below ICO priceโโโ1,015,037.59398 Marketcap ICOโโโ5M raised/10M * Daneelโโโ82.7% below ICO priceโโโ301,021.377409 Marketcap (now 17.24% above ICO price) **Why Iโm bullish:** Daneel was a steal 82.7% below ICO, and a quick rise back up as the marketcap was only 300k. I expect these two other coins to quickly follow suite. **Quick summary, what do they do?** DaneelโโโUses IBMโs Watson to power a futuristic smart assistant which helps manage your crypto portfolio and analyze market sentiment.ย They have a beta version out, you can sign up to help test it.ย Daneel is an IBM international partner and member of the IBM Partnerworld Program. > โDaneel is a registered member of IBM Partnerworldย : this commercial partnership forms an important part of our accelerated development strategy and gives us, through long-term and sustained relationships, a real competitive advantage for our intelligent assistant.โ BoonโโโBoon.tech is a decentralized job marketplace. It stands out from the many other dex job platforms in many ways, a few of which listed below: > โBoon Tech will be the first AI powered decentralized job marketplace with an intelligent review system incorporated into the platform. By integrating with IBM Watsonโs Personality Insights we can predict personality characteristics, needs and values, and better understand our customersโ habits and preferences on an individual level, and at scaleโ Boon.tech completed its Android and IOS app in October of 2017,ย they can be downloaded and used with 100% functionality right now. Boon.tech will accept fiat for its marketplace starting in Q3, 2018.ย They have also partnered with IBM. HadeโโโInvestment research utilizing blockchain technology with machine learning, data visualization, data analysis, and artificial intelligence. Burned 75 million tokens on 4/27/18. Hade provides otherwise expensive investment services for free by removing the financial burdens other firms face. This is done via advertising revenue and reduction in operating cost due to blockchain tech. Some tokens serve no clear purpose, HADE has four: HADE Platform, Matrix, HadePay, and Verifie. The homepage of the website does a fantastic job scratching the surface. Iโll be releasing a more in depth review of each coin, along with interviews of team members and advisors at a later date. **Thought process:** Every trading group I have ever been a part of never discussed trading psychology. Every newsletter just wrote a shill and left you to โmake your own decisionโ. The problem is, some people fell for the wrong shills. Below is my thought process on the decision to valuate these coins at a price at an immediate minimum of 6โ7x. Agree/disagree with the decision making process, not just the shill. When investing the first question you should ask yourself is what do I think the current priceย shouldย be, and whatย isย the current price. Valuation of a coin is difficult, however in this situation it is quite easy. * All of these ICOโs raised far below the hardcap. You could draw a conclusion this is a negative, nobody was interested. Keep in mind we were in a strong bear market. * All are trading well below ICO price. All are completely bottomed out from a TA viewpoint. All have real teams, real products, real problems to solve. All have access to high quality advisors. * By not being listed on Coinmarketcap they have zero exposure. In the same way a coin pumps when its added to an exchange, a coin pumps when its added to CMC. This is all a very brief summary, and I have a lot more information to come on these coins. As I mentioned on Twitter, I spoke to an advisor on the phone and am working on an interview. Please make your own investment decisions. I am not a financial advisor. |
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| parent permlink | cryptocurrency |
| permlink | daneel-boon-and-hade-strong-partnerships-teams-and-advisors |
| title | Daneel, Boon, and Hade: Strong Partnerships, Teams, andย Advisors |
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"body": "<center></center>\n\nIBMโs partnership and work with Stellar Lumens (XLM) is extremely bullish and is part of a strong catalyst that drives XLM price. Its not a quiet partnership, articles are written regularly enough to keep excitement at a high. Jesse Lund, IBMโs head of Blockchain Development:\n> โIBMโs partnership with Stellar is strong and growing to become an even more integral part of the IBM Blockchain Platform strategy as we begin to expand support from private-permissioned blockchain networks to public-pemissioned networks, enabling use cases from growing client demand for such.โ\n\nIBM is actively using XLM as we speak, and has no plans to create their own blockchain to replace it. XLM would be the coin used in these processes.\n\n**Why it matters:**\n\nI recently discovered three IDEX gems, all of which share striking similarities: Boon.Tech utilizes IBMโs Watson, as does Daneel (DAN). All have team members with common backgrounds. Rajesh Pavithran, CEO of Boon.tech also serves as an advisor for HADE. All were, until recently, heavily under ICO price with DAN taking off just a day ago (DAN +1000%).\n* Hadeโโโ71.5% below ICO priceโโโ1,817,113.63636 Marketcap ICOโโโ4.135.5M raised/30M\n* Boonโโโ83.8% below ICO priceโโโ1,015,037.59398 Marketcap ICOโโโ5M raised/10M\n* Daneelโโโ82.7% below ICO priceโโโ301,021.377409 Marketcap (now 17.24% above ICO price)\n\n**Why Iโm bullish:**\n\nDaneel was a steal 82.7% below ICO, and a quick rise back up as the marketcap was only 300k. I expect these two other coins to quickly follow suite.\n\n**Quick summary, what do they do?**\n\nDaneelโโโUses IBMโs Watson to power a futuristic smart assistant which helps manage your crypto portfolio and analyze market sentiment.ย They have a beta version out, you can sign up to help test it.ย Daneel is an IBM international partner and member of the IBM Partnerworld Program.\n> โDaneel is a registered member of IBM Partnerworldย : this commercial partnership forms an important part of our accelerated development strategy and gives us, through long-term and sustained relationships, a real competitive advantage for our intelligent assistant.โ\n\nBoonโโโBoon.tech is a decentralized job marketplace. It stands out from the many other dex job platforms in many ways, a few of which listed below:\n\n> โBoon Tech will be the first AI powered decentralized job marketplace with an intelligent review system incorporated into the platform. By integrating with IBM Watsonโs Personality Insights we can predict personality characteristics, needs and values, and better understand our customersโ habits and preferences on an individual level, and at scaleโ\n\nBoon.tech completed its Android and IOS app in October of 2017,ย they can be downloaded and used with 100% functionality right now. Boon.tech will accept fiat for its marketplace starting in Q3, 2018.ย They have also partnered with IBM.\n\nHadeโโโInvestment research utilizing blockchain technology with machine learning, data visualization, data analysis, and artificial intelligence. Burned 75 million tokens on 4/27/18. \n\nHade provides otherwise expensive investment services for free by removing the financial burdens other firms face. This is done via advertising revenue and reduction in operating cost due to blockchain tech. Some tokens serve no clear purpose, HADE has four: HADE Platform, Matrix, HadePay, and Verifie. The homepage of the website does a fantastic job scratching the surface.\n\nIโll be releasing a more in depth review of each coin, along with interviews of team members and advisors at a later date.\n\n**Thought process:**\n\nEvery trading group I have ever been a part of never discussed trading psychology. Every newsletter just wrote a shill and left you to โmake your own decisionโ. The problem is, some people fell for the wrong shills. Below is my thought process on the decision to valuate these coins at a price at an immediate minimum of 6โ7x. Agree/disagree with the decision making process, not just the shill.\nWhen investing the first question you should ask yourself is what do I think the current priceย shouldย be, and whatย isย the current price. Valuation of a coin is difficult, however in this situation it is quite easy.\n* All of these ICOโs raised far below the hardcap. You could draw a conclusion this is a negative, nobody was interested. Keep in mind we were in a strong bear market.\n* All are trading well below ICO price. All are completely bottomed out from a TA viewpoint. All have real teams, real products, real problems to solve. All have access to high quality advisors.\n* By not being listed on Coinmarketcap they have zero exposure. In the same way a coin pumps when its added to an exchange, a coin pumps when its added to CMC.\n\nThis is all a very brief summary, and I have a lot more information to come on these coins. As I mentioned on Twitter, I spoke to an advisor on the phone and am working on an interview.\nPlease make your own investment decisions. I am not a financial advisor.",
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}crypto-pandapublished a new post: the-definitive-guide-to-valuating-cryptocurrencies2018/05/17 14:42:00
crypto-pandapublished a new post: the-definitive-guide-to-valuating-cryptocurrencies
2018/05/17 14:42:00
| author | crypto-panda |
| body | Update: I will continue to add to this article as I grow and discover new strategies. This article will not discuss in depth the technical details and definitions behind the terminology. This is written from my point of view as an investor, highlighting tips and tricks I have found to have a high rate of success when it comes to investing in a coin. *These are short term tactics.* Investing in a coin long term due to fundamentals is a different strategy. **CatalystsโโโWell documented events that cause positive price action.** First percentage represents price at announcement->one week prior to event. Why a week prior? Coins dump nearly every time prior to a catalyst. Which brings us to the second percentage: one week prior->day of event. The third set of numbers is the change in marketcap: announcement->one week prior->day of. Holding through these events is not recommended. Selling off a week or even a few weeks to a month before the event is a wise choice. **Current examples reflect the price as of the writing of this article.** * Hard Forks resulting in a sidechain. Bitcoin Private (ZCL fork, +7130%, -1933%: 8.9m->565m->26m), to name a few. Coins frequently if not always increase in price prior to a hard fork. Upcoming hard forks: Hexx (1:1 BTC fork +1117%: 936K->10M) and Spectrecoin (1:1 resulting in WISP +167%: 7.9M->15.4M). * Airdrops. Same outcome as a hard fork, the owner of coin A is given free coins, but technically not similar at all. Recent airdrops include Oyster Pearl (1:1 SHELL +250%, -136%: 39m->105m->66m) Ethereum Classic (1:1 Callisto +145%, -183%: 2.3B->3.9B->1.7B). * Rebranding. Most often only refers to increased marketing, website and graphic redesign. Sometimes rebrands also change the ticker and name of the coin. NANO (former RaiBlocks +137%, -178%: 1.2B->2B->780M) LISK (+132%, -220%: 2.3B->3.6B->786M) previous examples. Unitus (UIS +164%: 978K->2.7M) current example, going through a rebrand in a few weeks. * Swap. If you have coin A, you can swap coin A for the new coin A+. Similar to the above catalysts in that you are receiving a new coin, but different in that you are loosing the old one. This is often done on very low marketcap coins that have died, with new developers on board moving everyone to an โimprovedโ blockchain. Since these coins are often dead, they can have absurd gains, or no gains at all as nobody is interested. This catalyst carries much more risk than the previous three. Previous examples: B3->KB3 (Happened in a bear market, REKT). Current examples include Animecoin (+548%: no marketcap info). **Engagement and Vitality of the Community:** This is more of a โfuzzy scienceโ. Every coin has a community surrounding it, some healthier than others. You will find the same types of people in each reddit, telegram, or discord group. These are the classifications: * Techie die hards. These guys donโt care about price action, and will claim they arenโt in it โto make a quick buckโ or to make money at all. They think their coin will change the world and will shill you on the fabulous tech they believe in. These coins more often than not have been around for a long time, have no idea how to market successfully, and have been overtaken by newer exciting coins. Communities include WAVES, STRAT, VTC. * Post-pump noobs. People who jump on a coin after it experiences a major unnatural pump and become fanboys. They donโt know what they are doing, but they are happy they are making money and anything that challenges their belief system is FUD. Communities with a lot of these guys include XVG, TRX, NANO. * Crying fanboys. This is a good signal to possibly buy in. These are the same noobs above that bought post pump and are upset the price is tanking. A community with a large amount of crying fanboys is a possible buy signal. Remember, buy the blood. Current example would be the XVG dump after the porn hub announcement, massive TRX dump in the bear market, current rekt state of NANO. When looking at a community its important to identify the ratio of these groups. Communities with only techie die hards is not a great sign. No traders or enthusiastic plebs suggest death (VTC). Groups with a large number of crying noobs is a possible buy signal (buy the blood, currently NANO). Groups with a large number of post-pump noobs is a neutral signal, you never know when the pump will end (XVG up until it dumped). **USD value, an extremely important indicator.** Unless you are a gifted individual who can identify a price of .0005661BTC being a steal, I would recommend sticking to USD values for long term holds. This can be an extremely powerful indicator. Ethereum dropped below $400 recently, it was all anyone was talking about. NEO hit $50 for the first time in months. Stellar Lumens hit $.20. These prices were nearly identical to the prices pre massive December-January gains. USD values were a solid indicator of the end of a bear market, and there was a rebound shortly after. Watching USD values can be enormously helpful, even though its often ignored. **Past price action, price waves, fast or slow.** Every coin follows a somewhat different pattern. TRX, XVG pump hard when they get going. STRAT, WAVES, VTC are slow moving. These patterns have been consistent. If a coin has moved quickly in the past, chances are it will follow that pattern in the future. Below is a great example of price waves. Higher highs, lower lows, volume increasing every time. Combining this with a catalyst (hard fork) it seemed like a fantastic buy. **Satoshi values** Coins priced in signal, double, or triple satoshi digits are a unique beast. They are extremely quick to pump or dump, as each price point has an enormous percentage effect. Taking DENT for example, 127m marketcap, 0.00000130BTC. 1 satoshi gain or loss is nearly 1%. A more extreme example, CarVertical (CV) 23m marketcap, 0.00000045BTC. 1 satoshi either way is a 2.2% difference. When buying marketcaps >10m with solid fundamentals, this is a great sign. Once it starts going, it will go fast. Same goes for microcaps >1m. Its important to be cautious here, quick moves up can also be quick moves down. **Thought Process Behind Recent Digs:** Daneel (DAN) stood out for several reasons. It entered IDEX at 70% below ICO price, and the ICO raised 2.8m with a goal of 16m. That could be a red flag, but in this case it wasnโt. Running an ICO in an intense bear market has that effect. ICO discount? Check. Next was the fundamentals and team. Team+advisors had experience and connections to big business. Additionally the concept was easily understandable to most, and was also entirely unique. DAN uses IBMโs Watson to gauge market sentiment on crypto coins. Team is affiliated with IBM. Far below ICO price, solid team, and unique and easily understandable concept. Next is risk/reward ratio. 70% below ICO price probably canโt go any lower, especially at a 300k marketcap. Chances of growth far higher than chances of continued dumping, it all lined up to a great purchase. **Where to go from here?** Start digging. There are gems waiting to be found. I highly recommend use of coinmarketcal for finding catalyst events. Check charts of low marketcap coins. If you see price action in waves, check for a catalyst. Reach out to the community, join every telegram, discord, or reddit group you think may have potential one day and check their pages once or twice a week. Being active in the space is the ONLY way to stay ahead of everyone else, and get in before it gets juicy. I hope you found this article useful! **Disclaimer:** I was not paid to write this, I do not have a paid group, I do not offer paid advice. All my content is free and will always be free. I currently hold HXX, ANIME, PRL and TRX. I do not hold XSPEC, XVG, STRAT, WAVES, XLM, ETC, or NEO. I have reached out to the Hexx team to discuss details about the upcoming fork, and am awaiting a response. Nothing in this article is investment advice, do not take advice from internet strangers. Just because these strategies work for me, does not mean they will work for you. Invest at your own risk, never invest more than what you can afford to use. |
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"body": "Update: I will continue to add to this article as I grow and discover new strategies.\n\nThis article will not discuss in depth the technical details and definitions behind the terminology. This is written from my point of view as an investor, highlighting tips and tricks I have found to have a high rate of success when it comes to investing in a coin. *These are short term tactics.* Investing in a coin long term due to fundamentals is a different strategy.\n\n**CatalystsโโโWell documented events that cause positive price action.**\n\nFirst percentage represents price at announcement->one week prior to event. Why a week prior? Coins dump nearly every time prior to a catalyst. Which brings us to the second percentage: one week prior->day of event. The third set of numbers is the change in marketcap: announcement->one week prior->day of. Holding through these events is not recommended. Selling off a week or even a few weeks to a month before the event is a wise choice.\n\n**Current examples reflect the price as of the writing of this article.**\n\n* Hard Forks resulting in a sidechain. \nBitcoin Private (ZCL fork, +7130%, -1933%: 8.9m->565m->26m), to name a few. \nCoins frequently if not always increase in price prior to a hard fork.\n Upcoming hard forks: Hexx (1:1 BTC fork +1117%: 936K->10M) and Spectrecoin (1:1 resulting in WISP +167%: 7.9M->15.4M).\n* Airdrops. Same outcome as a hard fork, the owner of coin A is given free coins, but technically not similar at all. Recent airdrops include Oyster Pearl (1:1 SHELL +250%, -136%: 39m->105m->66m) Ethereum Classic (1:1 Callisto +145%, -183%: 2.3B->3.9B->1.7B).\n* Rebranding. Most often only refers to increased marketing, website and graphic redesign. Sometimes rebrands also change the ticker and name of the coin. NANO (former RaiBlocks +137%, -178%: 1.2B->2B->780M) LISK (+132%, -220%: 2.3B->3.6B->786M) previous examples. Unitus (UIS +164%: 978K->2.7M) current example, going through a rebrand in a few weeks.\n* Swap. If you have coin A, you can swap coin A for the new coin A+. Similar to the above catalysts in that you are receiving a new coin, but different in that you are loosing the old one. This is often done on very low marketcap coins that have died, with new developers on board moving everyone to an โimprovedโ blockchain. Since these coins are often dead, they can have absurd gains, or no gains at all as nobody is interested. This catalyst carries much more risk than the previous three. Previous examples: B3->KB3 (Happened in a bear market, REKT). Current examples include Animecoin (+548%: no marketcap info).\n\n**Engagement and Vitality of the Community:**\n\nThis is more of a โfuzzy scienceโ. Every coin has a community surrounding it, some healthier than others. You will find the same types of people in each reddit, telegram, or discord group. These are the classifications:\n\n* Techie die hards. These guys donโt care about price action, and will claim they arenโt in it โto make a quick buckโ or to make money at all. They think their coin will change the world and will shill you on the fabulous tech they believe in. These coins more often than not have been around for a long time, have no idea how to market successfully, and have been overtaken by newer exciting coins. Communities include WAVES, STRAT, VTC.\n* Post-pump noobs. People who jump on a coin after it experiences a major unnatural pump and become fanboys. They donโt know what they are doing, but they are happy they are making money and anything that challenges their belief system is FUD. Communities with a lot of these guys include XVG, TRX, NANO.\n* Crying fanboys. This is a good signal to possibly buy in. These are the same noobs above that bought post pump and are upset the price is tanking. A community with a large amount of crying fanboys is a possible buy signal. Remember, buy the blood. Current example would be the XVG dump after the porn hub announcement, massive TRX dump in the bear market, current rekt state of NANO.\n\nWhen looking at a community its important to identify the ratio of these groups. Communities with only techie die hards is not a great sign. No traders or enthusiastic plebs suggest death (VTC). Groups with a large number of crying noobs is a possible buy signal (buy the blood, currently NANO). Groups with a large number of post-pump noobs is a neutral signal, you never know when the pump will end (XVG up until it dumped).\n\n**USD value, an extremely important indicator.**\n\nUnless you are a gifted individual who can identify a price of .0005661BTC being a steal, I would recommend sticking to USD values for long term holds. This can be an extremely powerful indicator. Ethereum dropped below $400 recently, it was all anyone was talking about. NEO hit $50 for the first time in months. Stellar Lumens hit $.20. These prices were nearly identical to the prices pre massive December-January gains. USD values were a solid indicator of the end of a bear market, and there was a rebound shortly after. Watching USD values can be enormously helpful, even though its often ignored.\n\n**Past price action, price waves, fast or slow.**\n\nEvery coin follows a somewhat different pattern. TRX, XVG pump hard when they get going. STRAT, WAVES, VTC are slow moving. These patterns have been consistent. If a coin has moved quickly in the past, chances are it will follow that pattern in the future. Below is a great example of price waves.\n\n\nHigher highs, lower lows, volume increasing every time. Combining this with a catalyst (hard fork) it seemed like a fantastic buy.\n\n**Satoshi values**\n\nCoins priced in signal, double, or triple satoshi digits are a unique beast. They are extremely quick to pump or dump, as each price point has an enormous percentage effect. Taking DENT for example, 127m marketcap, 0.00000130BTC. 1 satoshi gain or loss is nearly 1%. A more extreme example, CarVertical (CV) 23m marketcap, 0.00000045BTC. 1 satoshi either way is a 2.2% difference. When buying marketcaps >10m with solid fundamentals, this is a great sign. Once it starts going, it will go fast. Same goes for microcaps >1m. Its important to be cautious here, quick moves up can also be quick moves down.\n\n**Thought Process Behind Recent Digs:**\n\nDaneel (DAN) stood out for several reasons. It entered IDEX at 70% below ICO price, and the ICO raised 2.8m with a goal of 16m. That could be a red flag, but in this case it wasnโt. Running an ICO in an intense bear market has that effect. ICO discount? Check. Next was the fundamentals and team. Team+advisors had experience and connections to big business. Additionally the concept was easily understandable to most, and was also entirely unique. DAN uses IBMโs Watson to gauge market sentiment on crypto coins. Team is affiliated with IBM. Far below ICO price, solid team, and unique and easily understandable concept. Next is risk/reward ratio. 70% below ICO price probably canโt go any lower, especially at a 300k marketcap. Chances of growth far higher than chances of continued dumping, it all lined up to a great purchase.\n\n**Where to go from here?**\n\nStart digging. There are gems waiting to be found. I highly recommend use of coinmarketcal for finding catalyst events. Check charts of low marketcap coins. If you see price action in waves, check for a catalyst. Reach out to the community, join every telegram, discord, or reddit group you think may have potential one day and check their pages once or twice a week. Being active in the space is the ONLY way to stay ahead of everyone else, and get in before it gets juicy.\n\nI hope you found this article useful!\n\n**Disclaimer:**\n\nI was not paid to write this, I do not have a paid group, I do not offer paid advice. All my content is free and will always be free. I currently hold HXX, ANIME, PRL and TRX. I do not hold XSPEC, XVG, STRAT, WAVES, XLM, ETC, or NEO. I have reached out to the Hexx team to discuss details about the upcoming fork, and am awaiting a response. Nothing in this article is investment advice, do not take advice from internet strangers. Just because these strategies work for me, does not mean they will work for you. Invest at your own risk, never invest more than what you can afford to use.",
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2018/05/17 14:35:00
| author | cheetah |
| body | Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in: https://medium.com/@pandahanda44/creating-a-novel-intelligent-trading-dex-autonio-and-crypto-bridge-partnership-75de80c28036 |
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2018/05/17 14:34:42
| author | crypto-panda |
| body |  Imagine accessing a specialized decentralized exchange (DEX) with the ability to create and pay for successful trading algorithms, all while staking an exchange token and receiving dividends. It seems strange that in 2018 this still does not exist. Autonio and Crypto Bridge are partnering to bring intelligent trading and an algorithm marketplace to a new and novel unstoppable trading DEX. Partnership is a term often thrown around the cryptosphere without much thought, and rarely (as of yet) does it produce anything other than a temporary pump. The teams from Autonio and Crypto Bridge are working together to create something that has enormous potential. To understand this partnership, you must first understand the problems facing DEXโs. **Liquidity, slippage, market making:** Crypto Bridge is a DEX, a decentralized autonomous exchange. It currently suffers from lack of liquidity, as do many exchanges, especially DEXโs. Most centralized exchanges pay to โmake their marketsโ and outside companies provide much needed liquidity. DEXโs are unable to do this and cannot compete in that fashion. Slippage is also a common problem and large orders simply cannot be done without seriously moving the market. Automated trading via bots is one solution to this problem, however that comes with its own set of issues. **Secure automated trading:** A few months ago, there was a targeted attack on API keys associated with certain trading bots. These hackers were able to pump and dump coins on Binance, creating large profits for themselves as they bought and sold the dips. Binance was eventually able to reverse these trades. However, this scenario would never have taken place to begin with if Autonio, a decentralized automated trading platform, was used. The centralized aspect of the trading bots was what allowed the hacking in the first place. โThatโs why with Autonio you are safe. You hold and protect your own info locally. This is one of the best things of being decentralized and Autonio does this by default being stored locally and working for you directly from your machine.โ said Ali, lead Developer of Autonio. **A partnership featuring working products, on both ends:** This is a rarity. Two teams, both with functioning products that can be used by the community, coming together to solve imporant issues facing the cryptosphere. Autonio, with its secure automated trading, and Crypto Bridge, with its DEX platform. However, liquidity is not where the problems end, without ease of use and accessibility none of this would matter. **Availability, accessibility, and ease of use:** Automated trading is daunting for many, and for most highly unprofitable. To trade effectively you need to fully understand the indicators you are using. A marketplace for successful algorithms is the solution. As of now, Autonio is the only such marketplace. The cost of centralized automated bots is usually quite high, and its success is entirely dependent on you, the user, sometimes even requiring some coding abilities as well. Autonio is $50 per month, paid with NIO. Backtrading is free and unlimited. Backtrading is simply testing a strategy to see how well it may work using past charts. Providing this service for free is essentially a โtry before you buyโ. **Asset functionality:** Both teams have products which utilize their respective asset: BCO (LTC clone; coin) and NIO (ERC20; token). Crypto Bridge utilizes a staking coin, BCO, on their platform. 75% (previously 50%) of trading fees are paid to coin holders via the highest volume coins bi-weekly. The coin can also be staked for a set period with the incentive of increased rewards. For example, staking 50 BCO for 6 months gives you double leverage. The locking up of tokens decreases circulating supply. BCO is also used to pay for market maker and exchange fees. NIO is used to pay for the trading platform. Each payment is burned. This vastly decreases the circulating supply. **On competing in the crypto space:** Jesse, a business developer for Crypto Bridge, had this to say on competition. > โOf course, there are other decentralized exchanges in development, but to quote Peter Thiel, โCompetition is for losersโ. We have a unique mission, so we think more in terms of having a monopoly. When one does something unique, that no one else is doing, then there is no competition. The โcompetitionโ we engage inโฆ. is to be the best CryptoBridge we can beโฆobviously, other decentralized exchanges are trying to compete with usโฆ we are looking forward, and at ourselves, not at the โcompetitionโโ. Ali commented: > โAutonio has no competition, thereโs nothing like it. This isnโt arrogance, itโs just the fact that Autonio isnโt a trading bot, the ability to create and deploy algorithms isnโt what itโs limited to. Currently there are no trading bots that offer what our platform does, with the ease of use, cost and efficiency in question. Autonio aims to be trade bot agnostic. No matter what trade bot you use or will use in the future, the algorithm marketplace will not discriminate.โ **Looking forward:** Both teams are working together to develop specialized algorithms specifically for use on Crypto Bridge. Crypto Bridge recently opened an office in Europe, tripled the size of their team, and are working on a Android and IOS app. Autonio is currently going through a rebrand. They have overhauled their team, throwing out old advisors and bringing in new ones: Alex Altman, co-founder and COO of Stratx, former vice president of finance for Bitcoin Canada and former partner at Canadaโs largest blockchain consulting firm, MLG Blockchain. Michael Horowitz, co-founder and CEO of Stratx, General Partner at Chaintech Digital, a fund which recently closed on an investment for Singularitynet (AGI), a DEX marketplace for artificial intelligence. The rebrand is not a marketing promotion. โThis rebrand adds more structure and efficiency. We at Autonio are more focused and calculated while we plan for the futureโ said Ali. **Summary:** Two proven teams with two working products creating an intelligent trading DEX with an accompying algorithm marketplace. NIO will soon be added to Crypto Bridge, proving much needed liquidity for the exchange. API access will follow, with a user interface planned in the future. NIO is also the first ERC20 token added to the exchange, more will follow, bringing users to the platform. **Disclaimer:** Please make your own investment decisions, do not take advice or information from strangers on the internet. This is not an endorsement or recommendation that you purchase either of these assets. As a disclaimer, I currently hold NIO but do not hold BCO. I was not paid by either Autonio or Crypto Bridge for writing this article. Crypto Bridge updated roadmap: https://medium.com/@cryptobridge/on-the-road-again-cryptobridges-updated-road-map-695b2c3b318b Market Maker Program: https://medium.com/@cryptobridge/cryptobridge-market-maker-program-883c649d6a5e Crypto Bridge Staking Explained: https://medium.com/@cryptobridge/introducing-staking-50-of-all-trading-profits-on-cryptobridge-will-go-to-bridgecoin-stakers-b26fe7723a3 Autonio Updated Flyer: https://steemit.com/autonio/@rahemanali/the-new-autonio-handout-flyer Autonio Automated Trading on Bitshares DEX https://steemit.com/bitshares/@rahemanali/algorithmic-trading-on-bitshares-dex-with-autonio |
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"body": "\n\nImagine accessing a specialized decentralized exchange (DEX) with the ability to create and pay for successful trading algorithms, all while staking an exchange token and receiving dividends. It seems strange that in 2018 this still does not exist.\n\nAutonio and Crypto Bridge are partnering to bring intelligent trading and an algorithm marketplace to a new and novel unstoppable trading DEX. Partnership is a term often thrown around the cryptosphere without much thought, and rarely (as of yet) does it produce anything other than a temporary pump. The teams from Autonio and Crypto Bridge are working together to create something that has enormous potential. To understand this partnership, you must first understand the problems facing DEXโs.\n\n**Liquidity, slippage, market making:**\n\nCrypto Bridge is a DEX, a decentralized autonomous exchange. It currently suffers from lack of liquidity, as do many exchanges, especially DEXโs. Most centralized exchanges pay to โmake their marketsโ and outside companies provide much needed liquidity. DEXโs are unable to do this and cannot compete in that fashion. Slippage is also a common problem and large orders simply cannot be done without seriously moving the market. Automated trading via bots is one solution to this problem, however that comes with its own set of issues.\n\n**Secure automated trading:**\n\nA few months ago, there was a targeted attack on API keys associated with certain trading bots. These hackers were able to pump and dump coins on Binance, creating large profits for themselves as they bought and sold the dips. Binance was eventually able to reverse these trades. However, this scenario would never have taken place to begin with if Autonio, a decentralized automated trading platform, was used. The centralized aspect of the trading bots was what allowed the hacking in the first place. โThatโs why with Autonio you are safe. You hold and protect your own info locally. This is one of the best things of being decentralized and Autonio does this by default being stored locally and working for you directly from your machine.โ said Ali, lead Developer of Autonio.\n\n**A partnership featuring working products, on both ends:**\n\nThis is a rarity. Two teams, both with functioning products that can be used by the community, coming together to solve imporant issues facing the cryptosphere. Autonio, with its secure automated trading, and Crypto Bridge, with its DEX platform. However, liquidity is not where the problems end, without ease of use and accessibility none of this would matter.\n\n**Availability, accessibility, and ease of use:**\n\nAutomated trading is daunting for many, and for most highly unprofitable. To trade effectively you need to fully understand the indicators you are using. A marketplace for successful algorithms is the solution. As of now, Autonio is the only such marketplace. The cost of centralized automated bots is usually quite high, and its success is entirely dependent on you, the user, sometimes even requiring some coding abilities as well. Autonio is $50 per month, paid with NIO. Backtrading is free and unlimited.\n\nBacktrading is simply testing a strategy to see how well it may work using past charts. Providing this service for free is essentially a โtry before you buyโ.\n\n**Asset functionality:**\n\nBoth teams have products which utilize their respective asset: BCO (LTC clone; coin) and NIO (ERC20; token). Crypto Bridge utilizes a staking coin, BCO, on their platform. 75% (previously 50%) of trading fees are paid to coin holders via the highest volume coins bi-weekly. The coin can also be staked for a set period with the incentive of increased rewards. For example, staking 50 BCO for 6 months gives you double leverage. The locking up of tokens decreases circulating supply. BCO is also used to pay for market maker and exchange fees. NIO is used to pay for the trading platform. Each payment is burned. This vastly decreases the circulating supply.\n\n**On competing in the crypto space:**\n\nJesse, a business developer for Crypto Bridge, had this to say on competition.\n\n> โOf course, there are other decentralized exchanges in development, but to quote Peter Thiel, โCompetition is for losersโ. We have a unique mission, so we think more in terms of having a monopoly. When one does something unique, that no one else is doing, then there is no competition. The โcompetitionโ we engage inโฆ. is to be the best CryptoBridge we can beโฆobviously, other decentralized exchanges are trying to compete with usโฆ we are looking forward, and at ourselves, not at the โcompetitionโโ.\n\nAli commented:\n\n> โAutonio has no competition, thereโs nothing like it. This isnโt arrogance, itโs just the fact that Autonio isnโt a trading bot, the ability to create and deploy algorithms isnโt what itโs limited to. Currently there are no trading bots that offer what our platform does, with the ease of use, cost and efficiency in question. Autonio aims to be trade bot agnostic. No matter what trade bot you use or will use in the future, the algorithm marketplace will not discriminate.โ\n\n**Looking forward:**\n\nBoth teams are working together to develop specialized algorithms specifically for use on Crypto Bridge. Crypto Bridge recently opened an office in Europe, tripled the size of their team, and are working on a Android and IOS app. Autonio is currently going through a rebrand. They have overhauled their team, throwing out old advisors and bringing in new ones: Alex Altman, co-founder and COO of Stratx, former vice president of finance for Bitcoin Canada and former partner at Canadaโs largest blockchain consulting firm, MLG Blockchain. Michael Horowitz, co-founder and CEO of Stratx, General Partner at Chaintech Digital, a fund which recently closed on an investment for Singularitynet (AGI), a DEX marketplace for artificial intelligence. The rebrand is not a marketing promotion. โThis rebrand adds more structure and efficiency. We at Autonio are more focused and calculated while we plan for the futureโ said Ali.\n\n**Summary:**\n\nTwo proven teams with two working products creating an intelligent trading DEX with an accompying algorithm marketplace. NIO will soon be added to Crypto Bridge, proving much needed liquidity for the exchange. API access will follow, with a user interface planned in the future. NIO is also the first ERC20 token added to the exchange, more will follow, bringing users to the platform.\n\n**Disclaimer:**\n\nPlease make your own investment decisions, do not take advice or information from strangers on the internet. This is not an endorsement or recommendation that you purchase either of these assets. As a disclaimer, I currently hold NIO but do not hold BCO. I was not paid by either Autonio or Crypto Bridge for writing this article.\n\nCrypto Bridge updated roadmap:\n\nhttps://medium.com/@cryptobridge/on-the-road-again-cryptobridges-updated-road-map-695b2c3b318b\n\nMarket Maker Program:\n\nhttps://medium.com/@cryptobridge/cryptobridge-market-maker-program-883c649d6a5e\n\nCrypto Bridge Staking Explained:\n\nhttps://medium.com/@cryptobridge/introducing-staking-50-of-all-trading-profits-on-cryptobridge-will-go-to-bridgecoin-stakers-b26fe7723a3\n\nAutonio Updated Flyer:\n\nhttps://steemit.com/autonio/@rahemanali/the-new-autonio-handout-flyer\n\nAutonio Automated Trading on Bitshares DEX\n\nhttps://steemit.com/bitshares/@rahemanali/algorithmic-trading-on-bitshares-dex-with-autonio",
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"parent_author": "",
"parent_permlink": "autonio",
"permlink": "creating-a-novel-intelligent-trading-dex-autonio-and-crypto-bridge-partnership",
"title": "Creating A Novel, Intelligent Trading DEX: Autonio and Crypto Bridge Partnership"
}
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}crypto-pandaupdated their account properties2018/05/17 14:29:51
crypto-pandaupdated their account properties
2018/05/17 14:29:51
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}crypto-pandaupdated their account properties2018/05/17 14:27:36
crypto-pandaupdated their account properties
2018/05/17 14:27:36
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| Transaction Info | Block #22511649/Trx be51ff85659a35246b69a4d5bae07e4987a219ce |
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}anonsteemcreated a new account: @crypto-panda2018/05/17 14:13:42
anonsteemcreated a new account: @crypto-panda
2018/05/17 14:13:42
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| Transaction Info | Block #22511371/Trx 5c8c2207ff95c54419809cbc780fff9ca5a73a71 |
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Voting Power100.00%
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Resource Credits100.00%
Reputation Progress0.00%
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STM8QMpZT4QsziPWeMSQzvabHDxx3woQy7E6makwmnVo3Uzeo93Kv1/1
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Public Keys
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}Witness Votes
0 / 30
No active witness votes.
[]