Best Bitcoin and Cryptocurrency News Sites 2019

https://www.forbes.com/sites/michaeldelcastillo/2018/08/09/chinese-private-equity-firm-to-invest-270-million-in-overstock-blockchain-subsidiary/amp/?__twitter_impression=true /r/Bitcoin

https://www.forbes.com/sites/michaeldelcastillo/2018/08/09/chinese-private-equity-firm-to-invest-270-million-in-overstock-blockchain-subsidiary/amp/?__twitter_impression=true /Bitcoin submitted by ABitcoinAllBot to BitcoinAll [link] [comments]

Top 5 Misconceptions About Blockchain

When we are faced with a new technology, we often look for analogies to understand and describe it. To bridge the knowledge gap, we seek analogies from the universe concepts familiar to us.
In our search for the right analogies, we often risk misunderstanding this new technology. Blockchain technology has introduced a paradigm shift in the way we organize ourselves to generate, account for, transfer and store value. Yet, we are still in early stages of understanding its importance.
In this post I will try to shed light on the top 5 major misconceptions about digital assets and about the open blockchain—a technology that underlies them.
1. Blockchain, not bitcoin
This misconception stems from failing to realize why blockchain exists in the first place. In essence, blockchain is a shared ledger designed to function in an extremely hostile, open environment. It derives its value from the security of its tamper-proof records.
In the blockchain networks powered by proof-of-work (PoW) algorithms, that security is achieved by miners competing to solve a computationally intensive puzzle. The miners do this with the expectation of receiving a digital token as a reward. This digital token can be freely redeemed for fiat currency to cover their operating costs and generate profits. These open systems are designed in such a way that value of their token ultimately dictates the level of security of their network.
When we decouple the concept of blockchain from its underlying token, it simply wipes out most, if not the entire, value proposition the blockchain as a concept.
Implementing blockchain as a token-less system of recordkeeping within a single company is perhaps the prime example of this misconception. Such an endeavor fails to use one of the most valuable properties of the open blockchain. Implementing a blockchain solution in such settings may even be counter-productive especially when better alternatives exist, in the form of databases with proper access control.
Blockchain could be useful in a commercial setting where a consortium of companies decides to use a single ledger to keep track of important transactions. An example of such transactions could be shares of companies that are traded on Wall Street millions of times each day. These transactions are reconciled periodically between the financial institutions by a trusted third-party entity, which could be ultimately replaced by a blockchain-based protocol at a fraction of their cost. That said, these systems may never become as secure and tamper-proof as the open blockchain as the security of the network depends on the number of its minestaking nodes.
2. Exchange Hacks = Digital Assets Are Not Secure
Centralized digital asset exchanges are popular avenues for exchanging digital assets for currencies such as USD or other digital assets. However, their design creates a system of incentives for external or internal actors to compromise them.
When we hear about exchange hacks in the digital asset space, it almost always involves compromising the security of an entity that operates within the traditional server-client architecture. However, the mainstream consciousness conflates the digital exchange security with that of technology that underlies digital assets. Holding a digital asset in a cold storage is extremely secure. Holding it in an exchange is not.
3. Blockchain has low TPS, hence it will never compete with or replace traditional financial infrastructure
Traditional financial systems process a vast number transactions every day. This transaction processing capacity is called throughput and is measured by a metric called transactions per second (TPS). Payment networks such as Visa claim to process up to 56,000 TPS, while traditional exchanges are likely to have much higher capacity to process transactions to accommodate high-frequency trading.
Today, the Bitcoin network processes around 4-5 transactions per second while the second largest digital asset network—Ethereum processes around 15. If we compare the current state of the blockchain technology to the demands of the global financial industry, it is easy to see why such claims could be justified. However, this is a myopic view of this new technology, very much akin to the way Kodak dismissed digital cameras as a potential threat to its business model.
It failed to recognize (i) the speed at which digital cameras would develop and (ii) the fundamental shift the digital cameras introduced in the way we take and store pictures, despite being the company that invented digital cameras in 1975. As the history shows, that was Kodak’s grave mistake.
It is hard to ignore the historical parallels here. The digital asset space is evolving fast. The next-generation networks, which operate under the proof-of-stake consensus mechanism, preserve the securities of proof-of-work, but do away with its capacity limitations. A notable example of that is Cardano. These new networks also represent a shift in the global economic paradigm that many do not seem to notice.
4. Digital Assets Have No Intrinsic Value
The concept of intrinsic value, or lack thereof, is often used to describe digital assets as a purely speculative asset class. While this may apply, with some justification, to digital assets which only claim to function as money, such claims fail to capture the wider nature of platform-based digital assets, which derive their value from the direct use of their networks.
In digital asset platforms like Cardano or Algorand, the native token gives the holder the right to participate in the consensus of the network through the process of staking. The consensus mechanism secures the network, maintains the decentralized ledger, enables participation in the governance of the network and can sustain myriads of decentralized applications with real-world utilities.
Put simply, digital tokens may derive their value from the economic activity that takes place on their networks. The economic activity on such networks, in turn depends on the security of the network, its technical capabilities, its transaction fees and the real-world utility of decentralized applications that reside on them. In that respect, they can be thought of as a new kind of financial instrument. The kind that seamlessly combines the properties of currencies, commodities, and shares of ownership into a single digital token.
These new instruments require that we develop and apply new analytical frameworks to value them, much like the concepts of equities and derivatives did when they first emerged as new financial instruments.
5. Developed Economies Do Not Need Blockchain Technology Because They Have Well-Established Financial/Commercial Solutions.
While it is easy to see how the blockchain technology could unlock a lot of value in the emerging markets, the idea that developed economies do not benefit from this technology is short-sighted.
It is akin to saying that cell phones are a great technology for emerging markets, but developed markets already have land lines, hence do not need them. In a similar vein, we could argue that developed countries do not need internet because most of what internet could do already exists in analog form.
We have to realize that (i) at its core, blockchain is a paradigm-shifting infrastructure/technology and (ii) despite its nascent stage, blockchain is extremely cost-effective… To a degree that it has the capacity to fundamentally disrupt a slew economic sectors out of existence, from banking to real estate, and create new ones.
When we accept this eventuality, we will have to face some uncomfortable truths that many sectors will not exist in their current form or entirely disappear. Currently these sectors provide economic value, employment and generate taxes. If some blockchain-based solution is to replace them in 3-5 years, where would that value migrate? Losing them to open blockchain networks would not be acceptable politically or economically for many developed countries.
One way out of this could be for developed countries to invest in national networks, allowing them to reap the benefits of this new technology, while retaining value from economic activity of their citizens and companies within their jurisdictions.
Another, more realistic way, would be to invest heavily into friendly legal frameworks that would encourage both individuals and companies that would ultimately develop or maintain open blockchain protocols migrate to these jurisdictions, drawing in talent, capital and innovation.
One thing is becoming increasingly clear: we can no longer ignore the elephant in the room. Much like digital cameras and internet itself, blockchain is unstoppable.
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10-11 10:14 - 'Digital Marketing course in uttam nagar' (self.Bitcoin) by /u/Openhub456767 removed from /r/Bitcoin within 0-7min

'''

[Advanced Advertising]1

At a major level, advanced showcasing alludes to promoting sent through processed channels, as an example, net crawlers, sites, web-based media, email, and moveable applications. Utilizing these online media channels, processed promoting is that the strategy by that organization supports merchandise, administrations, and brands. Shoppers intensely rely upon advanced intends to explore things. as an example, suppose with Google promoting bits of information found that forty-eighth of consumers begin their requests on net crawlers, whereas thirty-third hopes to mark sites and twenty-sixth inquiry within moveable applications.

Advantages of Digital Marketing

Concerning the fate of advanced showcasing, we will hope to visualize a proceeded with increment within the assortment of wearable gadgets accessible to shoppers. Forbes likewise figures that on-line media can end up to be increasingly informal within the B2B area, video substance is refined for website style improvement (Website optimization) functions, and email promoting can end up to be considerably a lot of custom-made.

Importance

"Advanced is at the middle of everything in promoting today—it has gone from 'something showcasing will' to 'what advertising does.'"
Significance of processed promoting
As indicated by Salesforce, seventy-fifth Of All out Promoting defrayal can head to Advanced Showcasing by 2021.
Arrives at people wherever They Invest Their Energy and money
Makes everything truthful for the freelance venture
More targeted on
Can Be Hyper
'''
Digital Marketing course in uttam nagar
Go1dfish undelete link
unreddit undelete link
Author: Openhub456767
1: www.blog*er*c*m/blo*/**st/***t/73**02*0058504*6*4*/3*3*94719899*881*80?*l=en-GB#
Unknown links are censored to prevent spreading illicit content.
submitted by removalbot to removalbot [link] [comments]

10-09 20:05 - 'Digital Marketing course in Janakpuri' (self.Bitcoin) by /u/Openhub456767 removed from /r/Bitcoin within 308-318min

'''

[Advanced Advertising]1

At a major level, advanced showcasing alludes to promoting sent through processed channels, as an example, net crawlers, sites, web-based media, email, and moveable applications. Utilizing these online media channels, processed promoting is that the strategy by that organization supports merchandise, administrations, and brands. Shoppers intensely rely upon advanced intends to explore things. as an example, suppose with Google promoting bits of information found that forty-eighth of consumers begin their requests on net crawlers, whereas thirty-third hopes to mark sites and twenty-sixth inquiry within moveable applications.

Advantages of Digital Marketing

Concerning the fate of advanced showcasing, we will hope to visualize a proceeded with increment within the assortment of wearable gadgets accessible to shoppers. Forbes likewise figures that on-line media can end up to be increasingly informal within the B2B area, video substance is refined for website style improvement (Website optimization) functions, and email promoting can end up to be considerably a lot of custom-made.

Importance

"Advanced is at the middle of everything in promoting today—it has gone from 'something showcasing will' to 'what advertising does.'"
Significance of processed promoting
As indicated by Salesforce, seventy-fifth Of All out Promoting defrayal can head to Advanced Showcasing by 2021.
Arrives at people wherever They Invest Their Energy and money
Makes everything truthful for the freelance venture
More targeted on
Can Be Hyper
'''
Digital Marketing course in Janakpuri
Go1dfish undelete link
unreddit undelete link
Author: Openhub456767
1: w*w.sit*ub*in/***rse/Digital*Mark**ing.p*p
Unknown links are censored to prevent spreading illicit content.
submitted by removalbot to removalbot [link] [comments]

Digital Dollar, FedNow, CBDC, the central banks spending and global push for more control through digital currency.

At the beginning of the Covid-19 outbreak a few interesting things happened. China introduced the "Digital Yuan / RMB" And in April the "Digital dollar" was proposed in the first stimulus bill here in the USA. And they haven't stopped talking about it since. High tables from the White house Financial committee, Federal Reserve, US congress. Aiming to have a digital currency working as early as 2021 to provide UBI / Universal basic income to the masses, all while being able to track, freeze, limit, manipulate spending throughout the economy. Starting to sound rather like a "Black mirror film" isn't it? Well...China has taken it a step farther with their "Social Credit system" watching and controlling nearly every aspect of life. . . but we're here to talk about currency. How could this even happen in America? Well, to start
All of the above is a partial list of factors devaluing the Dollar and trust in it from several ways and views. At the end of the day it has a huge amount of enemies, that are all looking for ways to get out of it.
Some of what I'm seeing personally.
It is a death spiral for the working person, where it used to be "No more than 30% of your wage going to housing" It is now well over 50%....Just look at this recent post in Frugal https://www.reddit.com/Frugal/comments/ifqah1/is_it_normal_for_a_third_to_a_half_of_you?utm_source=share&utm_medium=web2x&context=3
This death spiral I foresee getting worse. And historically any "tax" / regulation cost will just be passed down to the consumer in form of increased prices until people / businesses move elsewhere as we've seen in several cities around the US.

So what can we do? Buy Gold! Silver! Bitcoin! Stocks! I hear people roar, They aren't exactly wrong as history shows... but have you considered the 30-40% tax on the "gain"? Even when that asset buys the same value before tax? What if the government makes it illegal like the 1933 order: 6102 Where you couldn't own gold for nearly 50 years? You're frozen out, or even out on taxes (which will likely be more strict and controlled later in time).
I'd say Invest in things that will
Metals are the next step when a person has plenty of the above. You get to a point where you have hundreds of thousands, if not millions that you need to condense into something real.
It is all about the savings or productivity gain of the investment. For instance I would wager that many preppers have gotten more use / value out of a $800 clothes washer than a $800 rifle. (have you ever had to do manual laundry???) Sure the rifle will hold value...but it often doesn't pay you back with time / what it saved and / or what it has produced during its life unless you are using it. Same can be said of security cameras, a generator, a tractor, trailer, garden, tools, ect.
Look at history even, in countries that have experienced hyperinflation people that already had tangibles they regularly use were way ahead. It could even be honey, a tool, extra maintenance parts, can of food, that bottle of medicine, a computer to keep your intel on point, (cough # PrepperIntel plug) use of your equipment to do or make something for someone. Real Estate is good too, it rides inflation well and has many ways of being productive.
Your metals could be sitting there like the rifle, and could be subject to hot debate and laws. Meanwhile that garden is paying back, chainsaw is helping saw up wood, or your tractor is helping a job, your tools just helped you fix something / saved you much loss, Your security stopped a loss not by a person, but an random animal stealing things. Or that $25,000 solar array is paying you back by the day in spades...while making you independent...running all your tools you're using to make things to sell, and even heating / cooling some of the house with the extra juice while places around you experience rolling blackouts. You were even smart and took the current 24% tax benefit the government has saving you $5000 on it for batteries. Don't get me started if you have an electric vehicle with solar... I'm rambling at this point...and all those stealthy / direct and passive background savings...even if the crap doesn't hit the fan.
So anyways, With out of control central banks and big governments, digital currencies, How do you think it will play out? Are we heading to dystopia?
submitted by AntiSonOfBitchamajig to PrepperIntel [link] [comments]

A Market Liquidity Theory of the Current Financial Crisis

Huge update from the Fed this morning: https://www.federalreserve.gov/newsevents/pressreleases/monetary20200323b.htm
I'm not going to have a chance to look through this in detail this morning, but it looks like the Fed might be engaging in a massive loan program and taking just about anything as collateral.
This is going to be a long post and analysis that I have written as much to get my thoughts in order as much to post on here for any feedback or criticism.
Essentially, like many on here, I do not believe that the current situation is a temporary down-turn, but a full blown financial crisis. We have already been hit with the initial shock of this crisis, so the question becomes: what comes next? Helping us understand what is fundamentally happening in the market will aid in making intelligent future predictions and investments. That leads to the question: what exactly is happening in the market right now? What caused us to suddenly drive off a cliff? And is there any way we can save it? Unlikely many here, I do not believe that COVID-19 is the actual underlying crisis. In my opinion, our economy was basically the end stages of a Jenga game, and COVID-19 is just the swift breeze knocking the whole thing over.
As I started looking for the next big market move, I started to wonder who was going to feel the most pain in these markets. Some reading led me to the thought that what we were seeing in the markets was a liquidity issue, and that companies with poor credit ratings will be most affected. I posted about this a couple of days ago, and several others came to the same conclusion as me. 1 2 3. There are other obliviously other problems in the market at the moment, but this analysis will focus on this problem in particular.
I now strongly believe that this hypothesis was correct, even if my initial reasoning and analysis was flawed. I outline a theory, followed by some supporting evidence, and finally some speculation. Finally, I don't think the Fed understands the actual problem the market is facing right now, nor does it have the tools to deal with it.
There are three prerequisites here: repos, collateral transformation, and rehypothecated collateral
Variation-Separate has already written an excellent technical analysis, and explains repos in part I. I will assume you have already read that section. 2
The basic idea behind collateral transforms is this: Your company needs some short-term liquid cash. In order for someone to give you this cash, you need collateral. You only have risky assets (such as junk bonds), but no one will accept them as collateral precisely because they are risky. Everyone in the market wants a secure asset (such as a Treasury). Instead of giving up, you go out and find someone who will loan you their Treasury and accept your junk bonds as collateral. You then use that Treasury to obtain the cash you need. This process can be repeated among many parties in order to create a "collateral chain".
Finally, we have rehypothecated collateral: Someone comes to you and wants to borrow an assets for a short period of time (such as a stock). They give you another asset (such as cash) as collateral in exchange for the stock. You know the borrower won't be back to collect this collateral for a while, so you invest that collateral to make money off of it in the meantime.
As Variation-Separate explains, there have been problems in the repo market recently, and the Fed has acted as the believe appropriate. However, this is not the first time the Fed has run into this problem . In fact, we had a problem a problem in the repo market just in Sept 2019 and "Not only did the spike in the repo rate come as a surprise to the New York Fed, but they also haven't been able to normalize it as quickly as they thought they could". Finally, let's consider that even though the fed has offered to pump massive amounts of liquidity into the market, banks aren't taking it and are quickly repaying that which they do take.
What exactly is going on then? The Fed tries to pump liquidity into the economy, and nothing happens. The reason for this is that the Fed knows that it doesn't understand the underlying problem in the market, and knows that is powerless to stop it. The Fed is trying to unleash every tool in its toolbox on the hope that if it just throws enough money into the market, eventually the problem will go away.
So what is the root problem? Essentially, liquidity. More specifically, collateral transformations and rehypothecated collateral. In fact, this has been written about extensively: 4 5, with Snider in particular making a strong case that today's crisis fits the analysis of the collateral markets that he provided in 2018: 6
How are collateral transformations and rehypothecated collateral affecting liquidity in the markets? There are numerous ways, but let's start with 2:
Let's say someone gives you cash as collateral, and you rehypothecate it as described in the example. However, instead of putting the cash in a safe asset, knowing you have to repay it, you put it in a very risky, high-yield asset such as a junk bond or MBS. Things go wrong, you lose your money and can't pay back your end of the repo. This is exactly what AIG did during the 2008 crisis. 7
Now let's say you engage in a long chain of collateral transformations. You start with a really risk assets, trade that for a sligtly less risky asset, trade that for a moderately risky asset, etc, until you eventually get a pristine asset. Now anyone along that chain can rehypothecate their collateral into some risky investment, causing a huge number of problems. Not to mention that if you, for some reason, can't fulfill your end of the repo, you screw a whole chain of people who have traded with you.
Now, if we are in a strong market, these problems won't arise too often. But what happens if, say, a virus comes out of now where causing wide-spread economic disruptions? Now, maybe those risky investments that would have paid out more often than not aren't pay out at all, causing systemic problems.
Now let's add a couple of things that exacerbate this problem even further:
These chains get so complicated that no one even knows who owns which assets anymore 4
When these chains collateral transformations start to fail, people may become less willing to take the risk of engaging in them 5
All of this caused heavy regulation on the exchange of collateral by primary lenders after the 2008 crisis. This has pushed these transactions into dark markets where we don't really understand what is going on. Here is my hypothesis, heavily taken from Snider's analysis:
Corporations have become heavily reliant on short-term lending for liquidity. However, most of them don't have pristine assets to exchange for cash, or DisneyBucks to float them through hard times. So what to do? You engage in collateral transformations: keep exchanging your junk assets until you get the pristine assets you need to get liquid cash. A bunch of corporations do this over and over again, and eventually they really don't have a clear of idea of what assets they really own.
Further, in these collateral chains they are rehypothecating collateral to make a quick buck. All is well, until this virus comes along. Suddenly, corporations are losing their collateral in these risky investments. Further, they need cash. The first thing they do is try to transform their collateral for short term liquidity. However, a bunch of people have just lost their money playing this game and don't want to play anymore, so it becomes more difficult and expensive for the companies to engage in these collateral transformations. The assets they have are worth less, so they have to sell other assets to compensate. However, everyone is doing this at the same time, devaluing the assets. Devaluation of assets makes it even more expensive to engage in collateral exchanges, and the cycle continues. Finally, when these companies take account of their actual assets, after all of these complicated exchanges, they realize they don't actually own what they think they own, creating additional panic when they are already in crisis mode. This causes huge turmoil, and the markets fall off a cliff.
If this theory is correct, what will we see next? Whether the markets will go up or down is dependent on too many factors to predict. However, I do have some speculation. First let's categorize corporations as follows:
Type I: Safe
Large banking institutions
Large P-1/A-1/F1+ Companies
Companies with huge cash reserves
Type II: Possibly Safe
Small businesses
"Essential" business (i.e., Boeing)
Type III: Doomed
Business with >500 employees, no large cash reserves, not P-1/A-1/F1+
The self-employed
Type I businesses will certainly weather the storm. If they don't have the direct support of the Fed, they have large cash reserves on hand. If they don't have large cash reserves on hand, they have the credit rating to make use of corporate paper. They can find the short term funding needed to make it through this.
Type II businesses may be safe depending on the government response. I am currently underwhelmed by the "support" for small business in the stimulus bill, but there seems to at least be talk about this so maybe things will change. "Essential" businesses may receive a bailout to get them through tough times.
Type III businesses are completely screwed, no one seems to know they are even there. They won't qualify for support as "small businesses", and they have no way of obtaining liquid assets in this market. In particular, the larger businesses don't have the pristine assets to obtain liquidity in these markets, they are dependent on collateral transforms.
I won't predict whether the markets will go up or down this week, next, etc. But I will speculate this: I think the calm we saw in the markets was an actual calm. I think there was panic as businesses tried to obtain liquidity. They now believe they have the liquidity to make it through the near future, and are satisfied. There could be fire-sales in the near term for other reasons, but I don't think short-term liquidity will be the cause. However, most corporations don't speculate very hard when it comes to the future: they listen to the "experts". And these "experts" in government and the financials have been predicting doom and gloom for the next couple weeks, but that things will "bounce back" afterward. This is flatly false. As this becomes more apparent to these companies, I think we'll see another run on the market.
Particularly, it will be the large Type III business that will be the most vulnerable. They won't have any government stimulus support, and they won't have access to their normal modes of obtain cash. The last panic in the markets pushed bond yields so high that issuing new bonds will be completely out of the question. For them, it will be like a game of chess where your 4 moves away from being mated no matter what you do. Many of them will decide that bankruptcy is the best option in front of them.
Can the Fed prevent this? I don't think so. The Fed has the ability to soak up P-1/A-1/F1+, but they can only do this through the banks. But the banks aren't the ones in trouble this time, its the market itself. I have not read anything that leads me to believe that the Fed would be able to purchase junk assets from non- P-1/A-1/F1+ corporations without an act of Congress, and Congress is too slow and incompetent to see this problem coming or fix it in time. The Colosseum will be protected as Rome burns around it.
Sorry for any typos, poor wording. This was a long post.
submitted by the_asker_man to wallstreetbets [link] [comments]

The Next Crypto Wave: The Rise of Stablecoins and its Entry to the U.S. Dollar Market

The Next Crypto Wave: The Rise of Stablecoins and its Entry to the U.S. Dollar Market

Author: Christian Hsieh, CEO of Tokenomy
This paper examines some explanations for the continual global market demand for the U.S. dollar, the rise of stablecoins, and the utility and opportunities that crypto dollars can offer to both the cryptocurrency and traditional markets.
The U.S. dollar, dominant in world trade since the establishment of the 1944 Bretton Woods System, is unequivocally the world’s most demanded reserve currency. Today, more than 61% of foreign bank reserves and nearly 40% of the entire world’s debt is denominated in U.S. dollars1.
However, there is a massive supply and demand imbalance in the U.S. dollar market. On the supply side, central banks throughout the world have implemented more than a decade-long accommodative monetary policy since the 2008 global financial crisis. The COVID-19 pandemic further exacerbated the need for central banks to provide necessary liquidity and keep staggering economies moving. While the Federal Reserve leads the effort of “money printing” and stimulus programs, the current money supply still cannot meet the constant high demand for the U.S. dollar2. Let us review some of the reasons for this constant dollar demand from a few economic fundamentals.

Demand for U.S. Dollars

Firstly, most of the world’s trade is denominated in U.S. dollars. Chief Economist of the IMF, Gita Gopinath, has compiled data reflecting that the U.S. dollar’s share of invoicing was 4.7 times larger than America’s share of the value of imports, and 3.1 times its share of world exports3. The U.S. dollar is the dominant “invoicing currency” in most developing countries4.

https://preview.redd.it/d4xalwdyz8p51.png?width=535&format=png&auto=webp&s=9f0556c6aa6b29016c9b135f3279e8337dfee2a6

https://preview.redd.it/wucg40kzz8p51.png?width=653&format=png&auto=webp&s=71257fec29b43e0fc0df1bf04363717e3b52478f
This U.S. dollar preference also directly impacts the world’s debt. According to the Bank of International Settlements, there is over $67 trillion in U.S. dollar denominated debt globally, and borrowing outside of the U.S. accounted for $12.5 trillion in Q1 20205. There is an immense demand for U.S. dollars every year just to service these dollar debts. The annual U.S. dollar buying demand is easily over $1 trillion assuming the borrowing cost is at 1.5% (1 year LIBOR + 1%) per year, a conservative estimate.

https://preview.redd.it/6956j6f109p51.png?width=487&format=png&auto=webp&s=ccea257a4e9524c11df25737cac961308b542b69
Secondly, since the U.S. has a much stronger economy compared to its global peers, a higher return on investments draws U.S. dollar demand from everywhere in the world, to invest in companies both in the public and private markets. The U.S. hosts the largest stock markets in the world with more than $33 trillion in public market capitalization (combined both NYSE and NASDAQ)6. For the private market, North America’s total share is well over 60% of the $6.5 trillion global assets under management across private equity, real assets, and private debt investments7. The demand for higher quality investments extends to the fixed income market as well. As countries like Japan and Switzerland currently have negative-yielding interest rates8, fixed income investors’ quest for yield in the developed economies leads them back to the U.S. debt market. As of July 2020, there are $15 trillion worth of negative-yielding debt securities globally (see chart). In comparison, the positive, low-yielding U.S. debt remains a sound fixed income strategy for conservative investors in uncertain market conditions.

Source: Bloomberg
Last, but not least, there are many developing economies experiencing failing monetary policies, where hyperinflation has become a real national disaster. A classic example is Venezuela, where the currency Bolivar became practically worthless as the inflation rate skyrocketed to 10,000,000% in 20199. The recent Beirut port explosion in Lebanon caused a sudden economic meltdown and compounded its already troubled financial market, where inflation has soared to over 112% year on year10. For citizens living in unstable regions such as these, the only reliable store of value is the U.S. dollar. According to the Chainalysis 2020 Geography of Cryptocurrency Report, Venezuela has become one of the most active cryptocurrency trading countries11. The demand for cryptocurrency surges as a flight to safety mentality drives Venezuelans to acquire U.S. dollars to preserve savings that they might otherwise lose. The growth for cryptocurrency activities in those regions is fueled by these desperate citizens using cryptocurrencies as rails to access the U.S. dollar, on top of acquiring actual Bitcoin or other underlying crypto assets.

The Rise of Crypto Dollars

Due to the highly volatile nature of cryptocurrencies, USD stablecoin, a crypto-powered blockchain token that pegs its value to the U.S. dollar, was introduced to provide stable dollar exposure in the crypto trading sphere. Tether is the first of its kind. Issued in 2014 on the bitcoin blockchain (Omni layer protocol), under the token symbol USDT, it attempts to provide crypto traders with a stable settlement currency while they trade in and out of various crypto assets. The reason behind the stablecoin creation was to address the inefficient and burdensome aspects of having to move fiat U.S. dollars between the legacy banking system and crypto exchanges. Because one USDT is theoretically backed by one U.S. dollar, traders can use USDT to trade and settle to fiat dollars. It was not until 2017 that the majority of traders seemed to realize Tether’s intended utility and started using it widely. As of April 2019, USDT trading volume started exceeding the trading volume of bitcoina12, and it now dominates the crypto trading sphere with over $50 billion average daily trading volume13.

https://preview.redd.it/3vq7v1jg09p51.png?width=700&format=png&auto=webp&s=46f11b5f5245a8c335ccc60432873e9bad2eb1e1
An interesting aspect of USDT is that although the claimed 1:1 backing with U.S. dollar collateral is in question, and the Tether company is in reality running fractional reserves through a loose offshore corporate structure, Tether’s trading volume and adoption continues to grow rapidly14. Perhaps in comparison to fiat U.S. dollars, which is not really backed by anything, Tether still has cash equivalents in reserves and crypto traders favor its liquidity and convenience over its lack of legitimacy. For those who are concerned about Tether’s solvency, they can now purchase credit default swaps for downside protection15. On the other hand, USDC, the more compliant contender, takes a distant second spot with total coin circulation of $1.8 billion, versus USDT at $14.5 billion (at the time of publication). It is still too early to tell who is the ultimate leader in the stablecoin arena, as more and more stablecoins are launching to offer various functions and supporting mechanisms. There are three main categories of stablecoin: fiat-backed, crypto-collateralized, and non-collateralized algorithm based stablecoins. Most of these are still at an experimental phase, and readers can learn more about them here. With the continuous innovation of stablecoin development, the utility stablecoins provide in the overall crypto market will become more apparent.

Institutional Developments

In addition to trade settlement, stablecoins can be applied in many other areas. Cross-border payments and remittances is an inefficient market that desperately needs innovation. In 2020, the average cost of sending money across the world is around 7%16, and it takes days to settle. The World Bank aims to reduce remittance fees to 3% by 2030. With the implementation of blockchain technology, this cost could be further reduced close to zero.
J.P. Morgan, the largest bank in the U.S., has created an Interbank Information Network (IIN) with 416 global Institutions to transform the speed of payment flows through its own JPM Coin, another type of crypto dollar17. Although people argue that JPM Coin is not considered a cryptocurrency as it cannot trade openly on a public blockchain, it is by far the largest scale experiment with all the institutional participants trading within the “permissioned” blockchain. It might be more accurate to refer to it as the use of distributed ledger technology (DLT) instead of “blockchain” in this context. Nevertheless, we should keep in mind that as J.P. Morgan currently moves $6 trillion U.S. dollars per day18, the scale of this experiment would create a considerable impact in the international payment and remittance market if it were successful. Potentially the day will come when regulated crypto exchanges become participants of IIN, and the link between public and private crypto assets can be instantly connected, unlocking greater possibilities in blockchain applications.
Many central banks are also in talks about developing their own central bank digital currency (CBDC). Although this idea was not new, the discussion was brought to the forefront due to Facebook’s aggressive Libra project announcement in June 2019 and the public attention that followed. As of July 2020, at least 36 central banks have published some sort of CBDC framework. While each nation has a slightly different motivation behind its currency digitization initiative, ranging from payment safety, transaction efficiency, easy monetary implementation, or financial inclusion, these central banks are committed to deploying a new digital payment infrastructure. When it comes to the technical architectures, research from BIS indicates that most of the current proofs-of-concept tend to be based upon distributed ledger technology (permissioned blockchain)19.

https://preview.redd.it/lgb1f2rw19p51.png?width=700&format=png&auto=webp&s=040bb0deed0499df6bf08a072fd7c4a442a826a0
These institutional experiments are laying an essential foundation for an improved global payment infrastructure, where instant and frictionless cross-border settlements can take place with minimal costs. Of course, the interoperability of private DLT tokens and public blockchain stablecoins has yet to be explored, but the innovation with both public and private blockchain efforts could eventually merge. This was highlighted recently by the Governor of the Bank of England who stated that “stablecoins and CBDC could sit alongside each other20”. One thing for certain is that crypto dollars (or other fiat-linked digital currencies) are going to play a significant role in our future economy.

Future Opportunities

There is never a dull moment in the crypto sector. The industry narratives constantly shift as innovation continues to evolve. Twelve years since its inception, Bitcoin has evolved from an abstract subject to a familiar concept. Its role as a secured, scarce, decentralized digital store of value has continued to gain acceptance, and it is well on its way to becoming an investable asset class as a portfolio hedge against asset price inflation and fiat currency depreciation. Stablecoins have proven to be useful as proxy dollars in the crypto world, similar to how dollars are essential in the traditional world. It is only a matter of time before stablecoins or private digital tokens dominate the cross-border payments and global remittances industry.
There are no shortages of hypes and experiments that draw new participants into the crypto space, such as smart contracts, new blockchains, ICOs, tokenization of things, or the most recent trends on DeFi tokens. These projects highlight the possibilities for a much more robust digital future, but the market also needs time to test and adopt. A reliable digital payment infrastructure must be built first in order to allow these experiments to flourish.
In this paper we examined the historical background and economic reasons for the U.S. dollar’s dominance in the world, and the probable conclusion is that the demand for U.S. dollars will likely continue, especially in the middle of a global pandemic, accompanied by a worldwide economic slowdown. The current monetary system is far from perfect, but there are no better alternatives for replacement at least in the near term. Incremental improvements are being made in both the public and private sectors, and stablecoins have a definite role to play in both the traditional and the new crypto world.
Thank you.

Reference:
[1] How the US dollar became the world’s reserve currency, Investopedia
[2] The dollar is in high demand, prone to dangerous appreciation, The Economist
[3] Dollar dominance in trade and finance, Gita Gopinath
[4] Global trades dependence on dollars, The Economist & IMF working papers
[5] Total credit to non-bank borrowers by currency of denomination, BIS
[6] Biggest stock exchanges in the world, Business Insider
[7] McKinsey Global Private Market Review 2020, McKinsey & Company
[8] Central banks current interest rates, Global Rates
[9] Venezuela hyperinflation hits 10 million percent, CNBC
[10] Lebanon inflation crisis, Reuters
[11] Venezuela cryptocurrency market, Chainalysis
[12] The most used cryptocurrency isn’t Bitcoin, Bloomberg
[13] Trading volume of all crypto assets, coinmarketcap.com
[14] Tether US dollar peg is no longer credible, Forbes
[15] New crypto derivatives let you bet on (or against) Tether’s solvency, Coindesk
[16] Remittance Price Worldwide, The World Bank
[17] Interbank Information Network, J.P. Morgan
[18] Jamie Dimon interview, CBS News
[19] Rise of the central bank digital currency, BIS
[20] Speech by Andrew Bailey, 3 September 2020, Bank of England
submitted by Tokenomy to tokenomyofficial [link] [comments]

The global cryptocurrency exchange Bittrex Global has announced the listing of SENSO token, the in-platform currency of Sensorium Galaxy, a social VR platform that rethinks the way people interact with each other and experience the arts.

The global cryptocurrency exchange Bittrex Global has announced the listing of SENSO token, the in-platform currency of Sensorium Galaxy, a social VR platform that rethinks the way people interact with each other and experience the arts.
SENSO, the in-platform token of Sensorium Galaxy, is suddenly in the spotlight following a $7 million purchase from TIDAL — global music and video streaming service co-owned by JAY-Z, Rihanna, Daft Punk, Lil Wayne, Chris Martin, and Calvin Harris.

https://preview.redd.it/pg3356lpnkj51.png?width=680&format=png&auto=webp&s=666157e99cce6ac23f3bc1bf257437aea467e89b
The Sensorium Galaxy is a social VR platform where users can interact with each other in an immersive alternate universe. The platform works in close collaboration with world-famous artists and entertainment partners to make real-life events (concerts, dance performances, music festivals, art exhibitions, etc.) available in a globally accessible virtual setup.
“The Sensorium Galaxy is a next-generation platform for entertainment consumption which will elevate the connection fans have with their favorite artists and bring the artist’s vision to life in a new and exciting way,” Mr. Tibon explained in a written statement.
Sensorium Corporation, the company that oversees the technological and business development of Sensorium Galaxy, was founded by Forbes-listed billionaire Mikhail Prokhorov in 2018. To date, the company has attracted over $100 million in private investments.
Sensorium sets itself the ambitious goal of taking user communications to the next level and ensuring their digital evolution in the new environment. The technological basis of the project is a combination of VR and AI technologies. “Sensorium Galaxy avatars constantly learn from users, learn about their actions and preferences, and can continue to exist autonomously, performing actions that match user behavior patterns,” explains Brian Keane, director of communications at Sensorium. “AI is a vital component of Sensorium Galaxy as it brings users closer to digital immortality – something that seemed impossible until recently,” he adds.
As is the case with most modern games and VR platforms, all transactions on Sensorium Galaxy are carried out using its own in-platform currency: SENSO token. The company plans to attract more than 1.8 million users by 2022, who will pay for premium accounts, avatar customization items, and event tickets exclusively with SENSO tokens.
The token is now available on the largest international exchanges Bittrex, KuCoin, Bitcoin.com, and HitBTC.
Source
submitted by ka11en to CryptoCurrencies [link] [comments]

The global cryptocurrency exchange Bittrex Global has announced the listing of SENSO token, the in-platform currency of Sensorium Galaxy, a social VR platform that rethinks the way people interact with each other and experience the arts.

The global cryptocurrency exchange Bittrex Global has announced the listing of SENSO token, the in-platform currency of Sensorium Galaxy, a social VR platform that rethinks the way people interact with each other and experience the arts.
SENSO, the in-platform token of Sensorium Galaxy, is suddenly in the spotlight following a $7 million purchase from TIDAL — global music and video streaming service co-owned by JAY-Z, Rihanna, Daft Punk, Lil Wayne, Chris Martin, and Calvin Harris.

https://preview.redd.it/ihhbd0wimkj51.png?width=680&format=png&auto=webp&s=52d08e95b01b4f40dd12377ebe369ce484e30c1a
The Sensorium Galaxy is a social VR platform where users can interact with each other in an immersive alternate universe. The platform works in close collaboration with world-famous artists and entertainment partners to make real-life events (concerts, dance performances, music festivals, art exhibitions, etc.) available in a globally accessible virtual setup.
“The Sensorium Galaxy is a next-generation platform for entertainment consumption which will elevate the connection fans have with their favorite artists and bring the artist’s vision to life in a new and exciting way,” Mr. Tibon explained in a written statement.
Sensorium Corporation, the company that oversees the technological and business development of Sensorium Galaxy, was founded by Forbes-listed billionaire Mikhail Prokhorov in 2018. To date, the company has attracted over $100 million in private investments.
Sensorium sets itself the ambitious goal of taking user communications to the next level and ensuring their digital evolution in the new environment. The technological basis of the project is a combination of VR and AI technologies. “Sensorium Galaxy avatars constantly learn from users, learn about their actions and preferences, and can continue to exist autonomously, performing actions that match user behavior patterns,” explains Brian Keane, director of communications at Sensorium. “AI is a vital component of Sensorium Galaxy as it brings users closer to digital immortality – something that seemed impossible until recently,” he adds.
As is the case with most modern games and VR platforms, all transactions on Sensorium Galaxy are carried out using its own in-platform currency: SENSO token. The company plans to attract more than 1.8 million users by 2022, who will pay for premium accounts, avatar customization items, and event tickets exclusively with SENSO tokens.
The token is now available on the largest international exchanges Bittrex, KuCoin, Bitcoin.com, and HitBTC.
Source
submitted by ka11en to CryptoCurrencyTrading [link] [comments]

The global cryptocurrency exchange Bittrex Global has announced the listing of SENSO token, the in-platform currency of Sensorium Galaxy, a social VR platform that rethinks the way people interact with each other and experience the arts.

SENSO, the in-platform token of Sensorium Galaxy, is suddenly in the spotlight following a $7 million purchase from TIDAL — global music and video streaming service co-owned by JAY-Z, Rihanna, Daft Punk, Lil Wayne, Chris Martin, and Calvin Harris.

https://preview.redd.it/lwb5iwd9nkj51.png?width=680&format=png&auto=webp&s=90ec1f58676fb40491a6c04787aeeee8e747dd9f
The Sensorium Galaxy is a social VR platform where users can interact with each other in an immersive alternate universe. The platform works in close collaboration with world-famous artists and entertainment partners to make real-life events (concerts, dance performances, music festivals, art exhibitions, etc.) available in a globally accessible virtual setup.
“The Sensorium Galaxy is a next-generation platform for entertainment consumption which will elevate the connection fans have with their favorite artists and bring the artist’s vision to life in a new and exciting way,” Mr. Tibon explained in a written statement.
Sensorium Corporation, the company that oversees the technological and business development of Sensorium Galaxy, was founded by Forbes-listed billionaire Mikhail Prokhorov in 2018. To date, the company has attracted over $100 million in private investments.
Sensorium sets itself the ambitious goal of taking user communications to the next level and ensuring their digital evolution in the new environment. The technological basis of the project is a combination of VR and AI technologies. “Sensorium Galaxy avatars constantly learn from users, learn about their actions and preferences, and can continue to exist autonomously, performing actions that match user behavior patterns,” explains Brian Keane, director of communications at Sensorium. “AI is a vital component of Sensorium Galaxy as it brings users closer to digital immortality – something that seemed impossible until recently,” he adds.
As is the case with most modern games and VR platforms, all transactions on Sensorium Galaxy are carried out using its own in-platform currency: SENSO token. The company plans to attract more than 1.8 million users by 2022, who will pay for premium accounts, avatar customization items, and event tickets exclusively with SENSO tokens.
The token is now available on the largest international exchanges Bittrex, KuCoin, Bitcoin.com, and HitBTC.
Source
submitted by ka11en to Crypto_General [link] [comments]

JAY-Z’s Music Streaming Service TIDAL Purchased $7 Million Worth of SENSO Tokens

JAY-Z’s Music Streaming Service TIDAL Purchased $7 Million Worth of SENSO Tokens

https://preview.redd.it/yurv3juyekj51.png?width=1140&format=png&auto=webp&s=d0105bc2404756bba537b5bc703e69ad75c7ef72
TIDAL, high-fidelity music and video streaming service owned by JAY-Z, Lil Wayne, Rihanna, Calvin Harris, Daft Punk, and Chris Martin, has purchased $7 million worth of SENSO. This ERC-20 token functions as the in-platform token of Sensorium Galaxy — a social VR platform that allows users to communicate in a new way, attend concerts, dance performances in a virtual alternate universe.
This sizable purchase is the result of an exclusive partnership agreement signed between the companies to enable artists on TIDAL to stream their content in the Sensorium Galaxy. “Our relationship with Sensorium provides TIDAL with the opportunity to gain exclusive rights for its stellar artist roster to have their shows and music broadcast exclusively within Sensorium’s themed virtual entertainment worlds,” says TIDAL COO Lior Tibon.
As its name suggests, the Sensorium Galaxy consists of multiple worlds that serve as content hubs. The public launch of the platform is scheduled for the first half of 2021 with the release of two worlds: Prism and Motion. By immersing themselves with a VR headset, users can explore these different locations, socializing with other participants and attending events organized by the leaders of the entertainment industry. To ensure that everyone gets a chance to join Sensorium Galaxy, the platform will also be available for PC, Android, and iOS devices.
The collaboration between Sensorium Galaxy and TIDAL is one step forward in the development of the platform, which already counts on the support of Yann Pissenem, founder of Ushuaïa Ibiza and Hï Ibiza nightclubs, and the dance superstar Sergei Polunin.
Sensorium Galaxy works with Unreal Engine 4 to offer AAA graphics in a virtual reality set up. Platform developers also leverage artificial intelligence so that avatars can learn from users and subsequently exist autonomously, attending specific events, or establishing contacts with other participants based on the user’s preferences. The use of AI is a distinctive aspect of Sensorium Galaxy, as it could potentially help users achieve “digital immortality.”
At the core of Sensorium Galaxy are SENSO — ERC-20 tokens that function as currency inside the virtual ecosystem. With these tokens, users can purchase tickets to multiple activities, premium subscriptions, and add-ons to customize their avatars. The company plans to acquire over 1.8 million users by 2022.
To date, SENSO is listed on renowned cryptocurrency exchanges, such as Bittrex, KuCoin, Bitcoin.com and HitBTC.
Sensorium Corporation, the technology company behind this development, was founded in 2018 by billionaire Mikhail Prokhorov and has so far attracted over $100 million in private investments. In a recent interview with Forbes, Prokhorov outlined the huge potential of combining VR and AI technologies to “fix” what he described as a crisis in the current digital communications landscape. “The combination of VR and AI creates unique opportunities for developing new platforms where users can seamlessly interact with the virtual environments and between each other. We are confident that the development of a new way of communication in virtual setups, along with the limitless possibilities for individual and collective self-realization in those digital environments, will result in massive business opportunities”
In this regard, Tibon adds that “the Sensorium Galaxy is a next-generation platform for entertainment consumption which will elevate the connection fans have with their favorite artists and bring the artist’s vision to life in a new and exciting way.”
Source
submitted by james14cunningham to ICOAnalysis [link] [comments]

The global cryptocurrency exchange Bittrex Global has announced the listing of SENSO token, the in-platform currency of Sensorium Galaxy, a social VR platform that rethinks the way people interact with each other and experience the arts.

The global cryptocurrency exchange Bittrex Global has announced the listing of SENSO token, the in-platform currency of Sensorium Galaxy, a social VR platform that rethinks the way people interact with each other and experience the arts.
SENSO, the in-platform token of Sensorium Galaxy, is suddenly in the spotlight following a $7 million purchase from TIDAL — global music and video streaming service co-owned by JAY-Z, Rihanna, Daft Punk, Lil Wayne, Chris Martin, and Calvin Harris.
https://preview.redd.it/htm46uaxnkj51.png?width=680&format=png&auto=webp&s=9712a8f5836abda8b547e702995c959417cbaa71
The Sensorium Galaxy is a social VR platform where users can interact with each other in an immersive alternate universe. The platform works in close collaboration with world-famous artists and entertainment partners to make real-life events (concerts, dance performances, music festivals, art exhibitions, etc.) available in a globally accessible virtual setup.
“The Sensorium Galaxy is a next-generation platform for entertainment consumption which will elevate the connection fans have with their favorite artists and bring the artist’s vision to life in a new and exciting way,” Mr. Tibon explained in a written statement.
Sensorium Corporation, the company that oversees the technological and business development of Sensorium Galaxy, was founded by Forbes-listed billionaire Mikhail Prokhorov in 2018. To date, the company has attracted over $100 million in private investments.
Sensorium sets itself the ambitious goal of taking user communications to the next level and ensuring their digital evolution in the new environment. The technological basis of the project is a combination of VR and AI technologies. “Sensorium Galaxy avatars constantly learn from users, learn about their actions and preferences, and can continue to exist autonomously, performing actions that match user behavior patterns,” explains Brian Keane, director of communications at Sensorium. “AI is a vital component of Sensorium Galaxy as it brings users closer to digital immortality – something that seemed impossible until recently,” he adds.
As is the case with most modern games and VR platforms, all transactions on Sensorium Galaxy are carried out using its own in-platform currency: SENSO token. The company plans to attract more than 1.8 million users by 2022, who will pay for premium accounts, avatar customization items, and event tickets exclusively with SENSO tokens.
The token is now available on the largest international exchanges Bittrex, KuCoin, Bitcoin.com, and HitBTC.
Source
submitted by ka11en to CryptocurrencyICO [link] [comments]

The global cryptocurrency exchange Bittrex Global has announced the listing of SENSO token, the in-platform currency of Sensorium Galaxy, a social VR platform that rethinks the way people interact with each other and experience the arts.

The global cryptocurrency exchange Bittrex Global has announced the listing of SENSO token, the in-platform currency of Sensorium Galaxy, a social VR platform that rethinks the way people interact with each other and experience the arts.
SENSO, the in-platform token of Sensorium Galaxy, is suddenly in the spotlight following a $7 million purchase from TIDAL — global music and video streaming service co-owned by JAY-Z, Rihanna, Daft Punk, Lil Wayne, Chris Martin, and Calvin Harris.

https://preview.redd.it/jm5r3fizmkj51.png?width=680&format=png&auto=webp&s=fa1a8ca9826e564ca61fdbc70a3808d4650c8cee
The Sensorium Galaxy is a social VR platform where users can interact with each other in an immersive alternate universe. The platform works in close collaboration with world-famous artists and entertainment partners to make real-life events (concerts, dance performances, music festivals, art exhibitions, etc.) available in a globally accessible virtual setup.
“The Sensorium Galaxy is a next-generation platform for entertainment consumption which will elevate the connection fans have with their favorite artists and bring the artist’s vision to life in a new and exciting way,” Mr. Tibon explained in a written statement.
Sensorium Corporation, the company that oversees the technological and business development of Sensorium Galaxy, was founded by Forbes-listed billionaire Mikhail Prokhorov in 2018. To date, the company has attracted over $100 million in private investments.
Sensorium sets itself the ambitious goal of taking user communications to the next level and ensuring their digital evolution in the new environment. The technological basis of the project is a combination of VR and AI technologies. “Sensorium Galaxy avatars constantly learn from users, learn about their actions and preferences, and can continue to exist autonomously, performing actions that match user behavior patterns,” explains Brian Keane, director of communications at Sensorium. “AI is a vital component of Sensorium Galaxy as it brings users closer to digital immortality – something that seemed impossible until recently,” he adds.
As is the case with most modern games and VR platforms, all transactions on Sensorium Galaxy are carried out using its own in-platform currency: SENSO token. The company plans to attract more than 1.8 million users by 2022, who will pay for premium accounts, avatar customization items, and event tickets exclusively with SENSO tokens.
The token is now available on the largest international exchanges Bittrex, KuCoin, Bitcoin.com, and HitBTC.
Source
submitted by ka11en to altcoin_news [link] [comments]

How does the BitQT App work?

How does the BitQT App work?

https://preview.redd.it/81cx1yfe1pm51.jpg?width=474&format=pjpg&auto=webp&s=2ceddeda7d5dc0be5c7d4b4dfa7a715baac65b3a
In the later part of websites are the testimonials screaming out loud regarding their success.BitQT review can be quiet judgemental at this point as a result of neither these testimonials prove the legitimacy of the web site nor the live profit reviews account such
You extremely want to understand that if you opt to speculate you’ll surely not visiting recover. TheBitQT just prove this by themselves stating it not being on affiliate terms with others. Something that’s claiming that you simply’ll earn 110zero greenbacks every day is doing a true-time scam job
Perhaps, theBitQT states advertising itself on Times, CNN and Forbes however neither of them found supportive during this regard. You'll check it all by yourself. This is often the sound proof of its scamming regime throughout the globe
It doesn’t have that laser-accurate performance as in trading bitcoin you can never guarantee the minimum amount of profit you be earning the other day. Its what happens when trading with Forex

Many of the websites agree onto the proficiency ofBitQT negating the crucial and impactful proves I shared with you higher than. They are saying it’s flawless. Will something be this flawless letting you earn regarding one thousand bucks each day without charging a penny? The automated transactions are known to be deposited directly into the user’s account that is nowhere to find affiliation with. Undoubtedly, most of the revealing sites have the only supportive argument beginning with, ‘As the review suggests’. Do raise yourselves, is that this the legitimate way to prove legitimacy ofBitQT
They too argue regarding the legitimate verification method. That’s the explanation why there’s a number of complaints with reference to the current. If these products would have really worked, why not each single person select to remain off from their offices integrating with it somehow:

Merely head to the SIGN-UP section on theBitQT site, fill in your personal info, and present your registration. When acknowledged, you'll be able to be able to access our restrictive Bitcoin exchanging

To induce your exchange account in progress, you’ll have to include some assets. WithBitQT, you can create a initial investment of as low as $250, although you'll be able to contribute as a lot of as you wantoy
Since your enlistment has been acknowledged and you’ve invested some funds, you’re fully done. Simply click on ‘trade’ to receive the rewards ofBitQT’s highly rated algorithm. In case you need a hands-on approach, you can shift to manual operation by changing the settings

There’s no harm in trading in terms of cryptocurrency. We have a tendency to’re not against it. But we tend to really aim to reveal the very fact thatBitQT isn't a legitimate website to believe during this case. To actually invest in bitcoin you initially want to shop for a bitcoin wallet so as to store all bitcoins. a series of blockchain integrations which permits you to top-up and earn.

But, as stated earlier you’ve no actual guarantee concerning the number you wish to earn. Secondly, you wish to integrate your bitcoin wallet to your account and then you’ll be ready to head towards the foremost step. Here, you’ll jin a bitcoin exchange system for trading bitcoin for any different traditional currencies of the market.

It works well solely if you for legitimate sites for functioning and planning. Perhaps, it too needs a nice amount of ability and we never promise you to begin earning when you join Bitcoin Exchanger somehow. This was all aboutBitQT Review as a full fulling the aim of alerting the scam going around.


Money Forex Cluster scamThe Cash Forex Group is run by a company named CFxG which allegedly was founded by a team of experts in all kinds of areas, mainly education in the monetary trading field and network promoting.

https://preview.redd.it/0gc7ga9f1pm51.jpg?width=474&format=pjpg&auto=webp&s=5c031ac047e635c47d3ee592ab9235878613c890
These experts and their automated trading system will supposedly facilitate your to form heaps of cash. In trading solely you'll allegedly make fifteenp.c weekly on your investments. Then there are referral programs and multi-level structures that can boost your income even more. Is that t
Money FX Group scamLet’s begin this Money Forex Group review by stating the obvious, this scheme may be a total scam, you just have to look at the numbers.BitQT

When they promise you fifteen%+ weekly, it means that 60percent+ monthly, which is totally ridiculous in the important world. It means a lot of than 560zeropercent per year, therefore you'd need solely $18,00zero greenbacks to become a millionaire within year. And this is often plain impossible.

No legitimate business can create you a gradual fifteenpercent weekly, no financial markets are that predictable and that easy to trade. It may appear straightforward to you, but it really is this straightforward, a program promising fifteenp.c weekly should be a scam, there is no alternative method, the Money FX Group is a scam.

However there is additional to go through in this review.
Massive lies

Money FX Cluster testimonialThe Money Forex Cluster claims to be regulated by the subsequent institutions: FAC – Financial Conduct Authority of London, DFSA – Monetary Services Authority in Dubai, FSCA – Monetary Sector Conduct Authority of South Africa and FSA – the Monetary Services Authority of Seychelles.

But guess what, the FAC will not even exist, while the others (DFSA, FSCA and FSA) haven't issued any license whatsoever to Cash Forex Cluster. Therefore not only Money FX Group is not regulated at all, it conjointly is lying huge time regarding its regulatory status.

The fact is that it's no license whatsoever, so it cannot supply investment services legally in most countries.

This is often conjointly why they want you to deposit cryptocurrencies, they wish to remain as anonymous as potential, so that they will run away along with your cash.
Regulatory warning

Not long when we have a tendency to printed our analysis, the Financial Conduct Authority (financial regulator in Nice Britain) came up with its own warning.

The regulator said that CashFX is providing investment services without the mandatory authorization and advised the public to remain off from it. This is often a very serious argumentBiTQT.

It'd be terribly unwise to deposit money with an unregulated and basically anonymous entity, as a result of it would not be protected in any means. No matter where the cash finally ends up, this program is promising you impossible returns on investments, which in itself confirms that something is wrong.
How it works

Let’s end this Cash Forex Group review by explaining the essential principle of this investment program. It's a Ponzi theme that does no real economic activity. It just collects money from individuals and may pay out some profits, but the most recent clients’ deposits can be used for that.

This will have an inevitable outcome, the system can sooner or later crumble. It's simply a matter of your time when there can be not enough deposits to hide withdrawals and also the inevitable end can

Nobody has not been paid, that is NOBODY ….. after all you can't compound or upgrade your CFX account unless you withdraw (get paid) …. CFX are not regulated…. as a result of they use a Regulated broker (everfx) to trade…so that information is also incorrect…and judging by the actual members comments….I’d say, members are happy….. long might that continue. BUT, you must never place in more than you are prepared to lose (In SOMETHING). However do correct analysis, ask

members, don’t rely on people that play safe and stay poor. Do your own due diligence. (ps MOST sites that decision each business out as a scam…have their own links…..promoting guess what ? ….tip. SCAMS ! Beware.

https://www.cryptoerapro.com/bitqt/


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https://twitter.com/cryptoerapro

https://www.instagram.com/cryptoerapro/

https://www.pinterest.co.uk/cryptoerapro/

https://www.facebook.com/cryptoerapro
submitted by bitqtadvantage to u/bitqtadvantage [link] [comments]

The global cryptocurrency exchange Bittrex Global has announced the listing of SENSO token, the in-platform currency of Sensorium Galaxy, a social VR platform that rethinks the way people interact with each other and experience the arts.

The global cryptocurrency exchange Bittrex Global has announced the listing of SENSO token, the in-platform currency of Sensorium Galaxy, a social VR platform that rethinks the way people interact with each other and experience the arts.
SENSO, the in-platform token of Sensorium Galaxy, is suddenly in the spotlight following a $7 million purchase from TIDAL — global music and video streaming service co-owned by JAY-Z, Rihanna, Daft Punk, Lil Wayne, Chris Martin, and Calvin Harris.

https://preview.redd.it/mp39td3hnkj51.png?width=680&format=png&auto=webp&s=867bb683b74ecb3b3a68e35ac34cd6d7e6956463
The Sensorium Galaxy is a social VR platform where users can interact with each other in an immersive alternate universe. The platform works in close collaboration with world-famous artists and entertainment partners to make real-life events (concerts, dance performances, music festivals, art exhibitions, etc.) available in a globally accessible virtual setup.
“The Sensorium Galaxy is a next-generation platform for entertainment consumption which will elevate the connection fans have with their favorite artists and bring the artist’s vision to life in a new and exciting way,” Mr. Tibon explained in a written statement.
Sensorium Corporation, the company that oversees the technological and business development of Sensorium Galaxy, was founded by Forbes-listed billionaire Mikhail Prokhorov in 2018. To date, the company has attracted over $100 million in private investments.
Sensorium sets itself the ambitious goal of taking user communications to the next level and ensuring their digital evolution in the new environment. The technological basis of the project is a combination of VR and AI technologies. “Sensorium Galaxy avatars constantly learn from users, learn about their actions and preferences, and can continue to exist autonomously, performing actions that match user behavior patterns,” explains Brian Keane, director of communications at Sensorium. “AI is a vital component of Sensorium Galaxy as it brings users closer to digital immortality – something that seemed impossible until recently,” he adds.
As is the case with most modern games and VR platforms, all transactions on Sensorium Galaxy are carried out using its own in-platform currency: SENSO token. The company plans to attract more than 1.8 million users by 2022, who will pay for premium accounts, avatar customization items, and event tickets exclusively with SENSO tokens.
The token is now available on the largest international exchanges Bittrex, KuCoin, Bitcoin.com, and HitBTC.
Source
submitted by ka11en to BlockchainStartups [link] [comments]

Is it worth buying Gold and/or Bond ETFs here? I am not sold on them as defensive allocations

https://www.forbes.com/sites/qai/2020/05/02/investors-rotate-into-bonds-and-gold-after-a-historic-month-for-stocks/
Personally, prefer to either be in value or dividend ETFs. With rates so low, not really worth going long duration and introducing interest rate risk...the returns on buying the front-end of the curve are nearly zero. In terms of gold, just not there...sounds crazy, but I think I prefer to buy Bitcoin to simply buy gold.
PersonalInvesting/
submitted by HAL9000_Was_Right to StockMarket [link] [comments]

Can Cypherium be My Next Moon Bag After ChainLink !!!

When I first brought my Chainlink in Dec 2018, it was valued at 0.35. I brought 4000 units of Chainlink at 0.35 per coin ( Total Cost $1400). In the coming week, the price crashed to 0.20. Irrespective of taking huge losses, I still didn’t sell my Link as I had trust in the project.
I came across various twitter accounts giving negative predictions about Link and how this can again go down further but I kept HOLDing.
Now you may ask why?
To invest in a project and to understand its future value, we need to put some efforts to do a little bit of research about the project as well as the impact it can make in the future.
What Is Chainlink
ChainLink is a decentralized oracle network that provides real-world data to smart contracts on the blockchain. LINK is the digital asset token used to pay for services on the network.
In the Ethereum Scheme of Things, Chainlink is very important. With ChainLink, smart contract users can use the network’s oracles to retrieve data from off-chain application program interfaces (APIs), data pools, and other resources and integrate them into the blockchain. Basically, ChainLink takes information that is external to blockchain applications and puts it on-chain.
For many of the blockchain protocols out there, oracles like ChainLink will be necessary to access the data that these protocols need to operate. As such, ChainLink is, as it names suggest, the link that connects blockchain to existing infrastructure.
For me, I have understood that Etherum smart contracts have a huge potential, and these smart contracts needed real-time price feed data collected from sources both on and off blockchains. Chainlink was the first mover in this direction and that paid off really well.
I have recently sold the bulk of my LINK portfolio in the recent pump. This is not because I don’t see any future with LINK, But I feel i can generate more profits with new projects
I Belive in HOLDing. If I break down my portfolio, 80% of them are long HOLDs. 20% of them are for gamble the uniswap shit/farmcoin frenzy. I belive these Quick Rich projects that come out daily will continue for couple of months. After that what can survive are the projects that have solid base with future outlook.
Central Bank Digital Currency — The next big thing !!
Recently Philadelphia’s Federal Reserve bank president Patrick Harker came out with a remarkable statement that it is “inevitable” for the central banks, including the U.S. Federal Reserve, to start issuing digital currency. This is a great leap for blockchain from being labeled as a Ponzi in the past and now attaining a status of legitimacy.
As per a research report published by Bank for International Settlements (BIS), 70% of banks are engaged in or about to start CBDC work, and of these more than half are exploring both general purpose and wholesale CBDCs.
Lets first have a look into the concept of digital currency. As defined by IBM
A central bank digital currency is a digital extension of a central bank’s medium of exchangeable to permanently settle transactions between parties. The central bank is able to remove credit risk and ensure stability by guaranteeing the value of the CBDC with blockchain, exactly like paper money.
The present concept of CBDCs was directly inspired by Bitcoin, but CBDC is different from virtual currency and cryptocurrency, which are not issued by the state and lack the legal tender status declared by the government. Proposed implementations may not even use any sort of distributed ledger
In the beginning, CBDC was a slow-moving project. With the arrival of Facebook LIBRA, the development of CBDC became a high priority for Most of the nations. This is how I came across Cypherium.
Cypherium
Cypherium is an enterprise-ready blockchain project, which is designed to be highly scalable and robust which utilizes a hybrid design that features a joint Proof-of-Work (PoW) and HotStuff (Also adopted by Facebook’s Libra) consensus mechanism that can allegedly achieve thousands of transactions per second without sacrificing decentralization. Cypherium is designed in such a way to focuses on achieving scalability, decentralization, and commercialization viability.
If you want to have a detailed read about the project, you can read here
Can Cypherium pull a LINK performance?
For me, Yes. Why? .
I base my argument on the belief that I will be holding this project for at least a couple of months to come. These are not quick buy- sell that you can make an instant profit/loss
📷 If you want to make good profits (10–15x in NOOBS term), the best option is to have your entry in the beginning. Either you have to get the tokens in ICO or wait for the listing and time your entry (Most the quick flippers sell their token which will lead to massive price drops).
Once the dust settles, most of the projects go through an accumulation phase, and once it gains enough goodwill in the market it booms. Chainlink was trading in the range $.20 to $ .30 for a couple of months and now it’s trading at $13– $15. It took almost 2 years for LINK to reach here , Hope you got the point
📷 LINK was the first mover when it came to Oracles. Similarly, When it comes to CBDC, Cypherium has the edge. Cypherium has formed a Thinktank called Official Forum of Monetary and Financial Institutions (OMFIF) which is now leading research and development in the field of CBDC.
Most of the leading Central Banks are part of the initiative and it is expected that all these CBDC, if launched, will be running on Cypherium blockchain (High Chances). That means huge goodwill for the project, Huge upside for the CPT coins
📷 One of the greatest strengths of LINK is its partnerships. Similar to LINK Cypherium has already made Cypherium Enterprise available as Blockchain-as-a-Service for enterprise customers through the stack platforms of Google, Amazon, Microsoft, and IBM.
Cypherium is already a part of IC3 alliance in which Chainlink is also a part of. This means again more positive for the project to go up
All of these are my assumptions. This can even go wrong. But that the risk I am willing to take.I am sure this will pay off very positively for me
submitted by CypheriumCommunity to u/CypheriumCommunity [link] [comments]

Why are Visa, Mastercard and PayPal ready to integrate crypto payments?

Why are Visa, Mastercard and PayPal ready to integrate crypto payments?

Why are Visa, Mastercard and PayPal ready to integrate crypto payments?
In the past few months, payment giants Visa, Mastercard and PayPal have radically changed their attitude towards cryptocurrencies and blockchain technology, announcing their intention to integrate crypto payments into their systems. It is about the process of global adoption of crypto-innovation in the world of traditional finance.

Visa experience

On March 16, 2018, Visa CFO Vasant Prabhu criticized cryptocurrencies, including bitcoin, stressing that these assets are a bubble. Then Bitcoin was worth $8,300.
On July 22 of this year, when the first cryptocurrency rose to $9,360, a message appeared on the official Visa blog with a completely different message entitled “Developing our approach to digital currency.” In this post, the company revealed that its partnership with two regulated crypto platforms, Coinbase and Fold, is part of a corporate strategy to integrate digital currencies into its payment system, reaching 61 million retailers. In its message, the company highlighted the importance of stablecoins, which “have stepped outside the fintech sphere,” and now include a number of financial institutions and central banks in their ecosystem.
From the message of the payment giant it became known that “more than 25 digital wallets have linked their services to Visa.” Visa also noted that these 25 crypto service providers will be able to leverage the payment giant’s full range of capabilities, including the Visa Direct option and the FastTrack platform. It is worth noting that the corporation also supported financially the company Anchorage, which is studying the issues of cybersecurity of cryptocurrency ecosystems. Visa says the company’s main goal is “to continue to do what we do best: develop our system, supporting new forms of commerce.”
On July 28, at a meeting with investors, in which Vasant Prabhu took part, it was said in detail that Visa sees great potential for its own development in the growing popularity of e-commerce and digital payments. It was also mentioned about the corporate payment system Visa B2B Connect, which is designed to perform international financial transfers without the help of the usually slow correspondent banking network.

Mastercard experience

A similar evolution is taking place before our eyes with Visa’s competitor — Mastercard payment system.
So, on July 26, 2018, the CEO of Mastercard, Ajay Banga, compared cryptocurrencies to things that are thrown into the trash. However, two years later, the payment corporation has largely changed its approach to cryptocurrencies. On July 20, it became known that Mastercard has signed an agreement with the Wirex cryptocurrency company. This financial startup allows you to buy and sell cryptocurrencies for fiat money. Since last month, Wirex has become a member of the Mastercard ecosystem with the right to independently issue cards from this payment giant. We will remind that earlier, in February of this year, a similar decision was made by the Visa corporation in relation to the Coinbase crypto exchange.
Moreover, Mastercard intends to launch a special program to support other crypto companies. As Raj Damodaran, Executive Vice President of Digital Assets, Blockchain Products and Partnerships, Mastercard explained, “The crypto market continues to evolve, and the corporation is helping to advance it by providing reliable and secure services for individuals and companies in the modern digital economy.

PayPal experience

Another payment giant, PayPal, has long been silent about any intention to integrate cryptocurrencies into its structure. However, on July 14, a letter from the corporation to officials of the European Commission was published in the media, where PayPal admitted that it is actively developing applications using cryptocurrencies.
The number of PayPal users worldwide exceeds 300 million people, and the company operates in Europe thanks to its banking and payment services license obtained in Luxembourg. In total, the PayPal payment service is represented in 31 European countries, where the company serves 95 million merchants and retail consumers. It is worth noting that PayPal, along with Visa and Mastercard, was previously part of the Swiss Libra Association, which is implementing Facebook’s crypto project to launch the Libra stablecoin.
The fact that PayPal is developing a roadmap for integrating its own payment crypto services is also clearly demonstrated by the announcement of the recruitment of members of the blockchain technology research team, which requires a senior research engineer. This specialist will be responsible for “development, creation and maintenance of key crypto products / services that will be focused on increasing the efficiency and scale of services provided by PayPal.” Information about the open vacancy appeared at the end of June.
PayPal does not deny its interest in the cryptosphere, but has not yet confirmed information about the development of certain crypto applications or services, for example, based on the Venmo mobile application, which is affiliated with the payment giant.

Who will be the leader in this race?

Nevertheless, crypto market players themselves are actively looking for ways to integrate with PayPal. This is illustrated by the example of blockchain company Pundi X, which integrated PayPal support for its Xpos merchant device on July 1.
Another player in the crypto industry, the fintech company Ripple, has not only supported the classic payment operator MoneyGram by buying 10% of its share capital and investing a total of $50 million, but continues to invest in the integration of cryptocurrencies into this service. Following the results of the second quarter, Ripple transferred $15.1 million to MoneyGram. It is curious that in June another payment operator, Western Union, became interested in the innovative successes of MoneyGram, which is considering buying a competitor. It is worth noting that back in January this year, experts from Credit Suisse Bank published a report in which they noted Western Union’s interest in blockchain technology and Ripple’s payment innovations.
The competition for the integration of cryptocurrencies into the services of payment operators is becoming more and more intense. And one of the main participants in this race was the People’s Bank of China with a digital yuan project. At the same time, in January, even before the aggravation of relations between the United States and China, American PayPal became the first foreign payment operator to officially enter the Chinese market after acquiring a local player GoPay.

The next development step is neobanks

Meanwhile, a number of fintech startups are engaged in the integration of cryptocurrencies into financial services, which can potentially challenge all of the above organizations, including the People’s Bank of China with its digital yuan.
Jack Dorsey’s Square company was able to receive revenue from operations with bitcoins in the amount of $306 million in the first quarter of this year. This cryptocurrency service was launched back in 2018, but only in 2020 saw a significant increase in financial indicators. At the same time, since March, through the Square Financial Services division, Jack Dorsey’s company has been able to provide services as a digital bank.
Another fintech giant, Revolut US, with the support of crypto company Paxos, began offering cryptocurrency trading services in all US states on July 15, with the exception of Tennessee. Curiously, traditional financial service providers are also interested in a new partnership with the cryptocurrency “unicorn”. So, on June 20, the international company Revolut announced that it was integrating American Express services for its customers.
In the case of Square, Robinhood and Revolut, this is not just about trading services, which are provided by various crypto exchanges. After all, all these companies are de facto neobanks — digital financial organizations that have every opportunity to integrate cryptocurrencies into their services, thanks to various partnerships. And the range of possibilities of such neobanks is much higher than that of traditional payment giants.
That is why in the near future we will witness how Visa, Mastercard and PayPal will actively explore the possibilities of buying or investing in a ready-made cryptocurrency infrastructure. These corporations are entering the crypto world, as it is increasingly becoming a matter of their survival in the rapidly changing global financial system.
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submitted by Smart_Smell to Robopay [link] [comments]

Celebrity Owned TIDAL Purchased $7 Million Worth of Sensorium Social VR Platform Tokens

Celebrity Owned TIDAL Purchased $7 Million Worth of Sensorium Social VR Platform Tokens
SENSO, the in-platform token of Sensorium Galaxy, is suddenly in the spotlight following a $7 million purchase from TIDAL — global music and video streaming service co-owned by JAY-Z, Rihanna, Daft Punk, Lil Wayne, Chris Martin, and Calvin Harris.
The Sensorium Galaxy is a social VR platform where users can interact with each other in an immersive alternate universe. The platform works in close collaboration with world-famous artists and entertainment partners to make real-life events (concerts, dance performances, music festivals, art exhibitions, etc.) available in a globally accessible virtual setup.

https://preview.redd.it/sfzq2i4sxjk51.png?width=1920&format=png&auto=webp&s=4ccaf13d9b9eb5009455bfed34ae37c3efef442d
The token purchase from TIDAL, a high-fidelity entertainment streaming service with over 3 million users globally, is the result of a partnership agreement to give artists listed on that service exclusive access to stream their content in the Sensorium Galaxy platform. “Our relationship with Sensorium provides TIDAL with the opportunity to gain exclusive rights for its stellar artist roster to have their shows and music broadcast exclusively within Sensorium’s themed virtual entertainment worlds,” says TIDAL COO Lior Tibon.
Aside from TIDAL artists, Sensorium Galaxy works in close collaboration with Yann Pissenem, the mastermind behind Ushuaïa Ibiza and Hï Ibiza — two of the hottest nightlife hubs in the world. Dance superstar Sergei Polunin is also a supporter of Sensorium Galaxy, and his jaw-dropping performances are being recreated in virtual reality. The platform is scheduled for release in H1 2021.
“The Sensorium Galaxy is a next-generation platform for entertainment consumption which will elevate the connection fans have with their favorite artists and bring the artist’s vision to life in a new and exciting way,” Mr. Tibon explained in a written statement.
Sensorium Corporation, the company that oversees the technological and business development of Sensorium Galaxy, was founded by Forbes-listed billionaire Mikhail Prokhorov in 2018. To date, the company has attracted over $100 million in private investments.
Sensorium sets itself the ambitious goal of taking user communications to the next level and ensuring their digital evolution in the new environment. The technological basis of the project is a combination of VR and AI technologies. “Sensorium Galaxy avatars constantly learn from users, learn about their actions and preferences, and can continue to exist autonomously, performing actions that match user behavior patterns,” explains Brian Keane, director of communications at Sensorium. “AI is a vital component of Sensorium Galaxy as it brings users closer to digital immortality – something that seemed impossible until recently,” he adds.
As is the case with most modern games and VR platforms, all transactions on Sensorium Galaxy are carried out using its own in-platform currency: SENSO token. The company plans to attract more than 1.8 million users by 2022, who will pay for premium accounts, avatar customization items, and event tickets exclusively with SENSO tokens.
The token is now available on the largest international exchanges Bittrex, KuCoin, Bitcoin.com, and HitBTC.
Source
submitted by james14cunningham to CryptoMarkets [link] [comments]

Celebrity Owned TIDAL Purchased $7 Million Worth of Sensorium Social VR Platform Tokens

SENSO, the in-platform token of Sensorium Galaxy, is suddenly in the spotlight following a $7 million purchase from TIDAL — global music and video streaming service co-owned by JAY-Z, Rihanna, Daft Punk, Lil Wayne, Chris Martin, and Calvin Harris.
The Sensorium Galaxy is a social VR platform where users can interact with each other in an immersive alternate universe. The platform works in close collaboration with world-famous artists and entertainment partners to make real-life events (concerts, dance performances, music festivals, art exhibitions, etc.) available in a globally accessible virtual setup.

https://preview.redd.it/9cs2ay36yjk51.png?width=1920&format=png&auto=webp&s=5b3a8245f018fc82e9aa7f8abc3722c3d598dbae
The token purchase from TIDAL, a high-fidelity entertainment streaming service with over 3 million users globally, is the result of a partnership agreement to give artists listed on that service exclusive access to stream their content in the Sensorium Galaxy platform. “Our relationship with Sensorium provides TIDAL with the opportunity to gain exclusive rights for its stellar artist roster to have their shows and music broadcast exclusively within Sensorium’s themed virtual entertainment worlds,” says TIDAL COO Lior Tibon.
Aside from TIDAL artists, Sensorium Galaxy works in close collaboration with Yann Pissenem, the mastermind behind Ushuaïa Ibiza and Hï Ibiza — two of the hottest nightlife hubs in the world. Dance superstar Sergei Polunin is also a supporter of Sensorium Galaxy, and his jaw-dropping performances are being recreated in virtual reality. The platform is scheduled for release in H1 2021.
“The Sensorium Galaxy is a next-generation platform for entertainment consumption which will elevate the connection fans have with their favorite artists and bring the artist’s vision to life in a new and exciting way,” Mr. Tibon explained in a written statement.
Sensorium Corporation, the company that oversees the technological and business development of Sensorium Galaxy, was founded by Forbes-listed billionaire Mikhail Prokhorov in 2018. To date, the company has attracted over $100 million in private investments.
Sensorium sets itself the ambitious goal of taking user communications to the next level and ensuring their digital evolution in the new environment. The technological basis of the project is a combination of VR and AI technologies. “Sensorium Galaxy avatars constantly learn from users, learn about their actions and preferences, and can continue to exist autonomously, performing actions that match user behavior patterns,” explains Brian Keane, director of communications at Sensorium. “AI is a vital component of Sensorium Galaxy as it brings users closer to digital immortality – something that seemed impossible until recently,” he adds.
As is the case with most modern games and VR platforms, all transactions on Sensorium Galaxy are carried out using its own in-platform currency: SENSO token. The company plans to attract more than 1.8 million users by 2022, who will pay for premium accounts, avatar customization items, and event tickets exclusively with SENSO tokens.
The token is now available on the largest international exchanges Bittrex, KuCoin, Bitcoin.com, and HitBTC.
Source
submitted by james14cunningham to CryptoAirdrop [link] [comments]

Celebrity Owned TIDAL Purchased $7 Million Worth of Sensorium Social VR Platform Tokens

SENSO, the in-platform token of Sensorium Galaxy, is suddenly in the spotlight following a $7 million purchase from TIDAL — global music and video streaming service co-owned by JAY-Z, Rihanna, Daft Punk, Lil Wayne, Chris Martin, and Calvin Harris.
The Sensorium Galaxy is a social VR platform where users can interact with each other in an immersive alternate universe. The platform works in close collaboration with world-famous artists and entertainment partners to make real-life events (concerts, dance performances, music festivals, art exhibitions, etc.) available in a globally accessible virtual setup.

https://preview.redd.it/kt73f7igyjk51.png?width=1920&format=png&auto=webp&s=a1b4ad67e79b85ea63b23ae0c8cac8b0697508c9
The token purchase from TIDAL, a high-fidelity entertainment streaming service with over 3 million users globally, is the result of a partnership agreement to give artists listed on that service exclusive access to stream their content in the Sensorium Galaxy platform. “Our relationship with Sensorium provides TIDAL with the opportunity to gain exclusive rights for its stellar artist roster to have their shows and music broadcast exclusively within Sensorium’s themed virtual entertainment worlds,” says TIDAL COO Lior Tibon.
Aside from TIDAL artists, Sensorium Galaxy works in close collaboration with Yann Pissenem, the mastermind behind Ushuaïa Ibiza and Hï Ibiza — two of the hottest nightlife hubs in the world. Dance superstar Sergei Polunin is also a supporter of Sensorium Galaxy, and his jaw-dropping performances are being recreated in virtual reality. The platform is scheduled for release in H1 2021.
“The Sensorium Galaxy is a next-generation platform for entertainment consumption which will elevate the connection fans have with their favorite artists and bring the artist’s vision to life in a new and exciting way,” Mr. Tibon explained in a written statement.
Sensorium Corporation, the company that oversees the technological and business development of Sensorium Galaxy, was founded by Forbes-listed billionaire Mikhail Prokhorov in 2018. To date, the company has attracted over $100 million in private investments.
Sensorium sets itself the ambitious goal of taking user communications to the next level and ensuring their digital evolution in the new environment. The technological basis of the project is a combination of VR and AI technologies. “Sensorium Galaxy avatars constantly learn from users, learn about their actions and preferences, and can continue to exist autonomously, performing actions that match user behavior patterns,” explains Brian Keane, director of communications at Sensorium. “AI is a vital component of Sensorium Galaxy as it brings users closer to digital immortality – something that seemed impossible until recently,” he adds.
As is the case with most modern games and VR platforms, all transactions on Sensorium Galaxy are carried out using its own in-platform currency: SENSO token. The company plans to attract more than 1.8 million users by 2022, who will pay for premium accounts, avatar customization items, and event tickets exclusively with SENSO tokens.
The token is now available on the largest international exchanges Bittrex, KuCoin, Bitcoin.com, and HitBTC.
Source
submitted by james14cunningham to BlockchainStartups [link] [comments]

Celebrity Owned TIDAL Purchased $7 Million Worth of Sensorium Social VR Platform Tokens

Celebrity Owned TIDAL Purchased $7 Million Worth of Sensorium Social VR Platform Tokens
SENSO, the in-platform token of Sensorium Galaxy, is suddenly in the spotlight following a $7 million purchase from TIDAL — global music and video streaming service co-owned by JAY-Z, Rihanna, Daft Punk, Lil Wayne, Chris Martin, and Calvin Harris.
The Sensorium Galaxy is a social VR platform where users can interact with each other in an immersive alternate universe. The platform works in close collaboration with world-famous artists and entertainment partners to make real-life events (concerts, dance performances, music festivals, art exhibitions, etc.) available in a globally accessible virtual setup.

https://preview.redd.it/qx95v6h0yjk51.png?width=1920&format=png&auto=webp&s=2ba97d1b375a5292d3fcae96d6689472feccf23a
The token purchase from TIDAL, a high-fidelity entertainment streaming service with over 3 million users globally, is the result of a partnership agreement to give artists listed on that service exclusive access to stream their content in the Sensorium Galaxy platform. “Our relationship with Sensorium provides TIDAL with the opportunity to gain exclusive rights for its stellar artist roster to have their shows and music broadcast exclusively within Sensorium’s themed virtual entertainment worlds,” says TIDAL COO Lior Tibon.
Aside from TIDAL artists, Sensorium Galaxy works in close collaboration with Yann Pissenem, the mastermind behind Ushuaïa Ibiza and Hï Ibiza — two of the hottest nightlife hubs in the world. Dance superstar Sergei Polunin is also a supporter of Sensorium Galaxy, and his jaw-dropping performances are being recreated in virtual reality. The platform is scheduled for release in H1 2021.
“The Sensorium Galaxy is a next-generation platform for entertainment consumption which will elevate the connection fans have with their favorite artists and bring the artist’s vision to life in a new and exciting way,” Mr. Tibon explained in a written statement.
Sensorium Corporation, the company that oversees the technological and business development of Sensorium Galaxy, was founded by Forbes-listed billionaire Mikhail Prokhorov in 2018. To date, the company has attracted over $100 million in private investments.
Sensorium sets itself the ambitious goal of taking user communications to the next level and ensuring their digital evolution in the new environment. The technological basis of the project is a combination of VR and AI technologies. “Sensorium Galaxy avatars constantly learn from users, learn about their actions and preferences, and can continue to exist autonomously, performing actions that match user behavior patterns,” explains Brian Keane, director of communications at Sensorium. “AI is a vital component of Sensorium Galaxy as it brings users closer to digital immortality – something that seemed impossible until recently,” he adds.
As is the case with most modern games and VR platforms, all transactions on Sensorium Galaxy are carried out using its own in-platform currency: SENSO token. The company plans to attract more than 1.8 million users by 2022, who will pay for premium accounts, avatar customization items, and event tickets exclusively with SENSO tokens.
The token is now available on the largest international exchanges Bittrex, KuCoin, Bitcoin.com, and HitBTC.
Source
submitted by james14cunningham to altcointrading [link] [comments]

Best Free Bitcoin Earning site 2020  Earn Btc Without ... Worlds Best And Highest Paying Bitcoin Investment Site!! November 2018!! New Free Bitcoin & USD Earning Site 2019  Earn Daily 100 ... free bitcoin earning sites without investment - YouTube New Free Bitcoin Btc Earning Site 2020  Earn Upto 0.001 ...

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