Cryptocurrency Investing: Emotions and Decision-Making

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Round 2: Everyone Gets Emotional at Some Point

Consider all the examples shown in Round 1 and now look at how the cryptocurrency market is currently behaving. It does look similar to a bubble burst, doesn’t it?

–disclaimer: my opinions and views are not financial advisements. I have personally invested in projects mentioned in this article–

https://coinmarketcap.com

More than 70% of the market value was wiped out in just a few days. There is one really great aspect about all this: the market is still there and most companies are still here (with a few exceptions of course). The meaning is, cryptocurrency does not have the same behaviour as other markets due to the fact anyone can easily participate (no KYC, regulation, etc) and even though currencies like bitcoin take hits of -70%, they still exist and they grow past to new price record levels.

https://trends.google.com/trends

Who were the most notorious sellers?

Take a guess! Yes, dumb money, so small investors who bought at high prices and due to the crowd feeling scared, sold at lower prices.

All the above reasons are more than important for predictive analytics and crowd sentiment analysis platforms to exist and help investors making better, more informed decisions. Below are some questions, you as an individual investor should ask, when investing in projects. Imagine how hard it can be finding the right information without the power of AI and machine learning, analyzing both open-source data and the sentiment of crowds:

1. Are news generally positive or negative regarding each coin?

2. Are people posting positive or negative comments regarding a certain coin?

3. What is the market cap vs funding spending?

4. What are the reviews and ratings for each ICO?

5. What is people’s sentiment towards the team?

6. How engaged is the community around the project?

7. What industry does the coin affect?

8. Are there many similar coins?

These are just some basic questions many investors ask themselves when deciding to re-allocate funding or investing into a new company. Sanbase-low, for example, might help by analyzing important emotional information from crowds as well as financial indicators like projects ether burn rate, market capitalization vs burn rate and other financial data.

What other factors directly influence your portfolio performance?

Besides data availability, transformation and analysis, the most important and decisive factor is the role emotions play.

“The best investors are emotionless towards an asset”

How many times have you heard this? It’s so further from the truth it hurts.

Well, not as much as Phineas Gage got hurt that’s for sure. This gentleman was a factory worker who lived during the 19th century and I will use his case as an example that, the best investors are not the ones who are emotionless, but rather the ones who can actually use emotions in a positive way during the decision-making process.

Our dear Phineas suffered a tragic event that would change his life forever, as one day while he was at work a metal bar pierced through his skull damaging his brain. Although Phineas recovered and was able to regain motor skills, his pre-frontal cortex was destroyed rendering him incapable of making decisions. His behaviour was heavily affected and his personality completely changed. Because his emotional connection to his past experiences was damaged by the accident, he became incapable of making decisions, even the most basic ones.

Antonio Damasio, a renowned Portuguese physiologist who deeply studied Phineas case published quite interesting findings. The one that I find the most important for this article is that emotion and reason are so deeply connected it’s impossible to separate one from the other.

Each decision we make is connected not only to a mental emotion associated to memories, but also to a physical feeling. That’s why we do learn from experience, mostly from mistakes: the worse, the better. If we lose that connection we become incapable of making decisions.

How can we leverage the role of emotion in the decision-making process?

That is the million dollar question isn’t it? Each of us has a different response to different stimulations. Some prefer to go with gut feelings, others with extensive data analysis and some with the wisdom of the crowds. Discarding the role emotion plays in any decision is, without a doubt, really dumb.

My advice is to leverage technology understanding in order to make better decisions. This is, if there are tools available which can help you better rationalizing an event, dealing emotionally with it and then making the best decision with the most positive outcome possible, you should definitely use them. It seems we’re starting to have the power of crowd sentiment analysis and extensive data analysis just some clicks away.

Predictive analytics can be very useful to understand how your logic holds when compared to the markets. There are already some platforms available like Stox, Augur or Gnosis. Remember Santiment? Great, use all these tools to test your feelings towards an asset. How did you do? Was it hyped? Undervalued? What about crowd sentiment, was it aligned with yours?

If you want alerts for crowd-validated news check CoinMarketCal, Snip and ClearPoll.  Now, my only piece of advice for this round is:

Buy when there’s blood; sell when there’s hype.

Easy, right? Full disclosure: If it were no one would lose money on the market. Linking Round 1 with Round 2 is important so that we all can understand that any decision we make is intertwined with a bunch of emotional responses that come from experiences.

Remember the dumb money vs smart money dilemma? This is the answer:

Not ignoring your emotions and using different data analytic and crowd sentiment tools to better comprehend how you can improve emotional responses to different events.

https://coinmarketcap.com https://trends.google.com/trends

Just compare the price action of bitcoin vs the number of times bitcoin gets a hit on google. There is, without a doubt, a clear correlation between exponential price movements and the number of people googling bitcoin as this obviously happens due to media hype (FUD and FOMO).

At the end of the day, for some investors to win, others need to lose. To be on the winning side one must first lose a great deal of battles (and most likely a bunch of money), so one learns how to better make decisions on the next round.

Leverage your experiences and emotions when making decisions and don’t be afraid to use them. Whatever feeling you might have towards an asset or an event, listen to it.

Test your hypothesis and register the outcome. Repeat until master.

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Tennessee: New Legislation Prevents Crypto Retirement Funds While Legalizing Blockchain

Two identical bills in Tennessee have been put forward to prevent retirement funds from investing in cryptocurrencies. Two more that legalize Blockchain use for electronic transactions are also working their way through the House of Representatives and the Senate, according to legislative tracking site Legiscan.

House Bill 2093, introduced on January 30, 2018 by Republican representative Michael Curcio, proposes prohibiting “the trustees of any defined contribution plan or related investment vehicle established as a health benefit by the state insurance company from investing in any cryptocurrency.”

Another line was later added to the bill, clarifying that trustees cannot invest in crypto “notwithstanding any law to the contrary.”

House Bill 2093 is set to move to the Finance, Ways & Means Subcommittee on March 14.

Senate Bill 2508, which has already passed by a vote of 10-0 in the Finance, Ways & Means Subcommittee on March 6, was introduced by Republican Senator Bill Ketron on February 1, 2018. Senate Bill 2508 has been recommended for passage to the Senate Calendar Committee.

The text of the senate bill is virtually identical to that of the house bill, and also plans to amend Title 8, Chapter 27, Part 8, by adding the following section:

“Nothing in this part prohibits a local education agency from participating in any other post-employment benefits investment trust.”

In conjunction with the bills banning retirement fund crypto investment, two other bills regarding the legalization of Blockchain technologies have been passing in through Tennessee legislature.

Tennessee House Bill 1507, introduced on January 10, 2018 by 12 Democratic and Republican representatives, seeks to “[recognize] the legal authority to use Blockchain technology and smart contracts in conducting electronic transactions; protects ownership rights of certain information secured by Blockchain technology.”

Senate Bill 1662, which is again identical in text to the Blockchain House Bill, has passed in the Senate on March 8, 90-0. The Senate bipartisan bill was introduced by two Democratic Senators, Lee Harris and Jeff Yarbro, along with two Republican Senators, Steven Dickerson and Richard Briggs.

Cryptocurrency regulation attracted bipartisan movements in mid-February of this year, for legislators on both sides of party lines have recently seen a need for regulation after the growing interest in cryptocurrency across the US.

IOTA Cofounder is Optimistic for the Cryptocurrency’s Future Amid Global Expansion

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With bitcoin, ethereum and other big name digital currencies regularly making the news for their role in controversies and developments, it is often easy to overlook the rest of the cryptocurrency market, even those rising in prominence like as IOTA. With a market cap of around $5 billion, it is currently the eleventh most valuable cryptocurrency. Unlike others, however, IOTA has its own unique spin on the blockchain tech, called Tangle. It is also able to boast zero transaction fees.

In recent times, IOTA’s heritage in the German capital has clearly attracted several indigenous companies with deep pockets. For instance, the Chief Digital Officer of Volkswagen Group, Johann Jungwirth, is one of the board members of the IOTA Foundation. Bosch Group, through its venture capital arm, RBVC, has also invested an undisclosed amount and works closely with the foundation.

When interviewed by Bloomberg, IOTA co-founder Dominik Schiener shared his belief that with these new partnerships, IOTA is heading for the “next growth cycle”. There are also rumors circulating in the crypto community surrounding a possible smart contracts-like feature in IOTA. Setting up multiple offices around the world, including ones in Canada, Japan, Norway and South Korea, is perhaps in anticipation of explosive growth following these changes.

Developers and mathematicians hired by the IOTA Foundation to work on the cryptocurrency are paid in IOTA tokens and not fiat currency. The foundation has accrued over 300,000 Euros in IOTA donations from users of the currency, according to Dominik.

Schiener’s first stint with cryptocurrencies was back in 2013 when he attempted to start his own digital trading exchange at the age of 17. The project, however, completely failed to take off, causing him to lose his investment of around 500,000 Euro. In the interview with Bloomberg, he stated that the reason for his venture’s failure was primarily because of the relative infancy of virtual currencies all those years ago.

He further added:

“Many associated it with drug deals and other dark businesses, and no bank wanted to give me an account for the company.”

By 2015, when Dominik founded IOTA alongside David Sønstebø, Sergey Ivancheglo and Serguei Popov in Berlin, bitcoin and by extension, cryptocurrencies, had gained much more credibility amongst the masses. And by now, after the slow rise of IOTA throughout 2016 and 2017, it is clear that the young entrepreneur is dead set on making IOTA one of the most valuable currencies of our time.

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Why Blockchain is Cloud 2.0: Expert Take

In our Expert Takes, opinion leaders from inside and outside the crypto industry express their views, share their experience and give professional advice. Expert Takes cover everything from Blockchain technology and ICO funding to taxation, regulation and cryptocurrency adoption by different sectors of the economy.

If you would like to contribute an Expert Take, please email your ideas and CV to a.mcqueen@cointelegraph.com.

Cloud innovation was responsible for creating a near-trillion dollar ecosystem. But that was just the first step. Blockchain is the logical next iteration of computing.

Cloud was the first move away from centralization. Companies needed to store files and access processing power for applications with ample network bandwidth to accommodate day-long use. However, server rooms required maintenance, constant security, proper provisioning and regular updates. By moving servers offsite (or into the cloud), companies could expand their operations beyond the shackles of hardware.

Today, companies can spin up offices virtually anywhere and even hire remote workers with ease. Computers and smartphones are simply bridges to more processing power concentrated elsewhere.

Cloud decentralized the workforce

Now, Blockchain is introducing the second iteration of computation structure. Through a distributed ledger system, Blockchain has created networks of computations that are secure, immutable and democratic. This could lead to un-hackable programs and web services, transparent networks and stronger system reliability.

Blockchain decentralizes computation

Blockchains use miners to solve mathematical problems and provide consensus. Mining participants lease their computing power to the Blockchain network in exchange for cryptocurrency rewards. Collectively, they build the network and verify the creation of additional “blocks.” Groups of miners make up a system of nodes in the network that store and process data. Miners have computing pools around the world that allocate their processing power to:

  • Keep a full-copy of the Blockchain
  • Verify and process transactions
  • Run applications/smart contracts

Ethereum, one of the most popular Blockchain platforms, allows developers to access the Blockchain through the Ethereum Virtual Machine (EVM). The EVM provides developers tools to build decentralized applications or Dapps. These applications use the Blockchain to host their backend processes.

Instead of an application operating on a single server. Dapps are split into fragments,  sort of like a torrent,  and run concurrently. Several computers run bits and pieces of a program with numerous redundancies. These programs make up a command-based ledger that is constantly verifying code. No single computer owns the entire application backend, so it becomes near impossible to hack or corrupt.

Unlike cloud computing, the decentralized Blockchain doesn’t need to live in a server room. Cloud applications typically do carry redundancy on a handful of nodes, but nothing close to the thousands of nodes working on networks like Ethereum.

The Cloud moved servers off of enterprise campuses and centralized the processing power elsewhere. Blockchain is slicing up the processing power and scattering it all over the globe.

The potential for Blockchain to harness the computing power of the entire Internet demolishes the fictitious belief that cryptocurrency is without value, a bubble or tech’s latest fad. The truth is, cryptocurrency can act as a smarter and safer bartering system that enhances the delivery of Internet technologies and applications. With Blockchain, we can create a volunteered network , an internet/cloud 2.0 , that enhances cyber security and lends itself to advancements in computing, AI, IoT and record keeping. It’s a multi-trillion dollar solution to issues across all market verticals and we are just scratching the surface.

The views and interpretations in this article are those of the author and do not necessarily represent the views of Cointelegraph.

Ben Noble is a founding partner of MarketBlok, a marketing and PR company for Blockchain technologies. Prior to his crypto work, Ben was an accomplished marketing professional for cloud-based services.

South Korea: 20 Year Olds “Most Active” in Cryptocurrency Investment

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South Korean news agency, Yonhap, has reported that according to a recent survey, people in their 20s are the front-runners in cryptocurrency investment. The results are not surprising – younger generations from all around the world prefer investing in this new industry rather than stocks and bonds.

Korea Financial Investors Protection Foundation surveyed 2,530 people, between the ages of 25 and 64, and found that 22.7% of 20-somethings bought cryptocurrencies. They were followed by people in their 30s by 19.3%, 40s by 12%, 60s by 10.5% and 50s by 8.2%.

However, 60-year-olds were the ones who invested the largest amount of money in cryptocurrencies with an average total of 6.58 million won ($6,119). 50, 40, 30 and 20 year olds invested 6.28 million won ($5,840), 3.99 million won, 3.73 million won ($3,710) and 29.3 million won ($2,724) respectively. Altogether, 70.2% bought cryptocurrencies as a means of investment, while 34.1% bought it to pay for goods and services.

Other Surveys on Cryptocurrency Adopters

Apart from South Korea, Venture capital company, Blockchain Capital, surveyed over 2,000 Americans from ages 18-to-34 in Nov. 2017. The results showed that 30% “would rather own $1,000 worth of Bitcoin than $1,000 of government bonds or stocks”, but only 2% of them owned cryptocurrency currently or in the past. Blockchain Capital’s managing director, Spence Bogart, said, “the results of the survey reinforce our conviction in the massive opportunity that lies ahead for Bitcoin.”

Another survey by UK-based cryptocurrency exchange, London Block, in Dec. 2017 showed that out of 2,000 Britons, 5% of those below 45 years of age were investors in cryptocurrency, while 11% were planning to invest next year. It was also reported that 2018 is the year where one-third of millennials are expected to invest in cryptocurrencies.

Thus, millennials show a different approach towards investment when compared to their ancestors. A 35-year-old in the 1990s would be looking at real estate for purchasing properties, buying Certificates of Deposit (CDs), or purchasing retirement packages. But a 35-year-old nowadays plans to put more money into the decentralized future of investments – buying BTC, ETH or contributing in ICOs.

Analysts even said that people are choosing Bitcoin over gold – last year, RJO Futures’ Phillip Streible said, “Bitcoin has stolen a large market share of gold.” Throwing some light on this topic, cryptocurrency expert Garrick Hileman, explained that, “millennials began their income generating years during the fallout from the 2008 financial crisis, and many don’t completely trust traditional financial services  or the system in which they operate.”

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Startup Aims to Make Online Shopping Easier and Sharing Personal Data Safer

The Safein startup, founded in Lithuania in late 2017, has launched a beta-version of its platform that allows users to sign up to new websites and buy goods and services with just a couple of clicks. The Safein team plans to obtain an Electronic Money Institution (EMI) license in the EU, which covers crypto and fiat payments.  

Clicking in and clicking out

The startup describes itself as a “revolutionary way to pay online.” The core idea is simple: a user creates a full profile at Safein, undergoes KYC only once, and after that can apply it to multiple e-commerce platforms. Moreover, Safein won’t provide the users’ personal data to any website without their approval, the company states.

According to the Safein website, the retail e-commerce sales worldwide will constantly grow from $2,290 bln in 2017 to $4,480 bln in 2021. As sales grow, consumers are having to make more and more accounts, and then often lose the passwords. Meanwhile, collecting and keeping personal data from all those accounts is pretty costly for the companies.

According to the Safein press release, onboarding new users can cost an online service provider up to $20 per new customer, with a total annual bill for identity assurance exceeding $3.5 bln in the UK alone. Even worse, in order to properly collect, manage and store the personal data collected, companies have to shell out even more.

“We’re combining digital identities KYC and payment services in one platform, so nobody did that before,” states Safein Co-Founder & COO Lukas Deksnys in a brief video interview. “We basically noted that there’s a lot of inefficiency in the online shopping process,” says Lukas.

An official license for crypto payments

According to the Safein official press release, the startup will be the world’s first payment service provider to put in the necessary paperwork and obtain the Electronic Money Institution (EMI) license in the EU, which covers crypto and fiat payments.

Our main target is to eliminate useless registrations and KYC checks by allowing our users to only do it once on our platform and then using that data whenever you are using any online service,” says the press release.

In early 2018, the Safein team released a beta-version of its platform with basic single-click login functionality. The beta-version, or as the team calls it, MVP (Minimum Viable Product), is available for testing at the Safein website, and Android and iOS apps. Each activity carried out by Safein platform users is rewarded with SFN tokens.

In addition (to MVP), we have just launched an identity verification service inside our platform where users can whitelist for our ICO by verifying their identity within our app! They will be able to use the same account later on to participate in partnering ICOs or exchanges,” says the Safein press release.

Safein will launch its ICO campaign on April 25. The soft cap is 4,000 ETH and the hard cap is 12,500 ETH.

Disclaimer. Cointelegraph does not endorse any content or product on this page. While we aim at providing you all important information that we could obtain, readers should do their own research before taking any actions related to the company and carry full responsibility for their decisions, nor this article can be considered as an investment advice.

WeatherBlock: Weather Explorer Using Blockchains

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This is a paid-for submitted press release. CCN does not endorse, nor is responsible for any material included below and isn’t responsible for any damages or losses connected with any products or services mentioned in the press release. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned in the press release.

The awareness of cryptocurrencies and blockchains has accelerated advancement in efforts of decentralisation of services across the globe. The synthesis of decentralisation with Internet-of-Things (IoT) and Artificial Intelligence (AI) deploy huge prospects in reshaping business models and and set ground for dispersion of value using autonomous community services. WeatherBlock is a new ICO in system which proffers to develop a weather ecosystem using Blockchain Technology. It combines advanced weather station IoT devices with blockchain based service protocol using unified community delegated consensus methods leveraging WXB as initial utility and future protocol token for economic trade.

Changes in weather impact all of us and our various decisions. Today, technology has provided us with smart and connected sensors to keep us more informed about weather conditions of any place in the world. To predict the weather conditions, it is imperative that we measure the weather. Collecting data everyday gives us patterns and trends of atmospheric works. When we talk about data for weather, it includes any numbers, facts or images about the state of atmosphere including temperature, wind speed, precipitation, humidity, pressure, cloud coverage etc. However, data marketplace industry which is central to the availability of such information is virtually non-existent or deeply dysfunctional for both data owners and data consumers. There are two major problems which can explain this dysfunction. One is lack of intelligent collation of data. Other is publicly broadcasting of data as we don’t know where the data is coming from. It is often the result of probabilistic matching models, false interpretations and lack of congruence with truth.

Blockchains possess solutions to the current problems of data exchange system. WeatherBlock authenticates trades for weather data and services by connecting data owners and data consumers with tokenized transactions aligned with economic incentives for data mining. Data Creators are provided with transparent control systems where they can intelligently collect data. Data Consumers are provided with highest quality, ethically sourced data. The facilitator of Data on WeatherBlock is BloomSky which is potentially the largest private sector databases of high integrity weather nano data with images. It contains with provision of weather data for individuals as well as industries like energy, agriculture, commodity, insurance, and weather risk markets. The weather data on BloomSky comes directly from BloomSky stations which are crowdsourced via owners’ devices rather than publicly available free data offered by middlemen suppliers.

Due to which, BloomSky owners are facilitated with opportunity to monetize their data and turn a sunk cost into a potential money maker. They can realize return on investments in IoT sensors. An unprecedented access to data is provided to Data Buyers wherein acquired data can be monetized and benefit can be drawn by large and small businesses. The Enrichers of Data get the required ecosystem to train, market and sell optimized products and services to the right customers. The current network is already built with numerous BloomSky device owners contributing millions of data sets to the cloud every day. However, it is designed with the potential to scale.

CryptoGalaxy – The First Ever Virtual Universe Based on Blockchain, Launched by Zeepin

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Blockchain technology is considered as the next disruptive core technology after the steam engine, electric power and internet.

If the steam engine has emancipated the productive forces, electricity has met the demands of people’s daily lives, and internet has thoroughly changed the way of information dissemination, blockchain, as the machine of structuring trust, shall revolutionize the pattern of value delivery in human society.

In the past, as global fintech has been involved in the waves of capital, people with great wealth in their hands became more gathered just like what we saw in The Wolf of Wall Street. What has made blockchain so great? In Zeepin’s mind It’s the birth and utilization of token and how this will morph into Token Economy. However, to bring blockchain into a new level, token economy that is being so rapidly developed needs to combine with the real economy.

This is ZeepinChain, the token ZPT, as a credit asset and utilization asset, can be utilized in any link of global creative industry, for copyright protection, talent recruitment, dissemination reward, project funding, etc.

Apart from the utilization in creative industry, ZPT will add a new application context- entertainment DApp. Community users who have been following us have probably already heard about this. The news was released when we did the road show in San Francisco, Dec. 2017.

What is Crypto Galaxy?

Crypto Galaxy is the first exploratory entertainment DApp under Zeepin ecosystem. It’s a virtual universe based on blockchain that consists of countless planets and galaxies. On this DApp, you can use crypto currencies like ZPT or NEO as your exploratory fuel to find and own your planet.

GALA- An Innovation Creation of ZPT Token

Recently, Zeepin has launched a GALA airdrop for ZPT holders and many might have been confused about the function and purpose of this token. It’s not an imitation of GAS for NEO, nor some useless airdropped candy in the marketplace. It’s the current token for this entertainment DApp- CryptoGalaxy that will be used as circulating asset in the whole virtual universe. In the movie Star Wars, every union has its own currency, GALA is the bitcoin in this virtual universe.

Virtual Real Rights- Everyone Can Name His Planet

CryptoGalaxy is a fun try for Zeepin Chain to use ZPT as a virtual real right. Users can use GALA to buy planets in CryptoGalaxy and name them, these planets then become your assets on blockchain. Just like ERC721, this kind of virtual real right is attached to your ID in the game. Unless you trade them, nobody else can tamper or snatch your planets.

A Fun Ride on Your Planet

Each planet is unique in terms of color, block, meteor and day length. Besides that, this randomization will cover the attributes like population, city, technology progress and other factors.You can even have more fun than these. Powered by the technology of AI and blockchain, you can expect a ground-breaking galaxy composed of countless amusing planets such as mango planet, ,strawberry planet, football planet, dessert planet. On top of these, you can make transactions on the marketplace with your amusing planet.

NOW, are you more convinced the CryptoGalaxy is going to gain sensational popularity in an era of blockchain? In addition to GALA earned by mining and planet sell, Zeepin will gradually exploit the rendering engine of CryptoGalaxy. That means, more designers and tech developers will be recruited to contribute more to the community so that anyone can get GALA by means of iterative algorithm.

Steve Jobs never failed to hit the milestone when he created NEXT and invested in PIXAR. In the future, Zeepin Foundation will strive to become a leader in the decentralized entertaining market with the power of CryptoGalaxy and worldwide support. All ZPT or GALA holders will be part of the founders of the company. The open source of CryptoGalaxy means the birth of a strongest renderer in the world. In the future, everyone and every entity can create IP planets.

Last but not least, the number of the first planets is limited. If you want to have one, please stay tuned with our social media channels.

Galaxy:

Official Websitehttps://www.galaxy.one/

Telegramhttps://t.me/CryptoGalaxyOne

Zeepin:

Official Websitehttps://www.zeepin.io/

Official Telegramhttps://t.me/zeepin

Twitterhttps://twitter.com/ZeepinChain

Facebookhttps://www.facebook.com/ZeepinChain/

Youtube Channelhttps://www.youtube.com/c/Zeepin

SubReddithttps://www.reddit.com/r/ZEEPIN/

Instagramhttps://www.instagram.com/zeepinchain/

Linkedinhttps://www.linkedin.com/company/zeepin-foundation/

EARTH Token to Be Listed on Singapore-Based CoinHub Digital Currency Exchange Hub

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EARTH Token has confirmed that it will be listed on Singapore based CoinHub Digital Currency Exchange Hub trading alongside 30 other cryptocurrencies. Date of listing to be set after the conclusion of the EARTH Token ICO sale.

9 March 2018, Isle of Man – The EARTH Token team is pleased to announce that they have received listing confirmation from CoinHub.io, a digital currency exchange hub that is very selective on the projects they support. The date of the listing will be decided and announced after the conclusion of the official EARTH Token ICO sale which ends on Thursday 15th March 2018 12:00 GMT.

“We are very pleased with CoinHub’s decision to list EARTH Token on their digital currency exchange hub alongside 30 other cryptocurrencies. This means that EARTH Token holders can gain access to a convertible liquidity pool to trade EARTH Tokens.” – Allan Saunders – Managing Director, impactChoice Isle of Man. “Anyone that signs up with CoinHub will be able to buy EARTH Tokens, including demand-side companies, communities, organizations and individuals that want to gain access to the native token on our Natural Asset Exchange (NAE). This listing also offers new users the chance to buy EARTH Token after the sale ends.” he continued.

About CoinHub

Founded in 2017, based out of Singapore and also operating out of Dubai, CoinHub supports over 30 cryptocurrencies and numerous trading pairs.CoinHub features a Secure Wallet for it’s users with built-in and encrypted cold storage and multi-factor authentication, multiple deposit and withdrawal methods including Visa, MasterCard, bank transfer and cryptocurrencies, access to high liquidity order books, zero processing fees for deposits and withdrawals, support for major fiat currencies accepting USD, GBP, EUR, a 24 hour customer support team and more.

EARTH Token Project

The EARTH Token project will bring to life the NAE (Natural Asset Exchange) which is set to revolutionize the trade in carbon mitigation products, environmental sustainability products, and other natural assets. The goal is to establish a global Natural Asset Marketplace that removes current barriers to participation in activities that preserve our Environment while providing all stakeholders with tangible assets that can appreciate in value as the market matures and grows.

The EARTH Token ICO sale is currently underway and will end on Thursday 15th March 2018 12:00 GMT. EARTH Tokens can be purchased from the official website at https://earth-token.com/

About impactChoice

impactChoice is a leading provider of environmental sustainability solutions. The impactChoice Natural Asset Exchange (NAE) blockchain platform and EARTH Token (EARTH) creates a unique opportunity to invigorate the Natural Asset Market and enable all stakeholders in the value chain to participate. Transforming Environmental Sustainability from a financial burden to a business incentive by finally providing all contributors with tangible assets that will appreciate in value as the market grows – allowing the market to grow organically and achieve its massive potential.

LCCX – Revolutionising the Cryptocurrency Market with a Regulated and Insured London Based Exchange Platform

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London Crypto Currency Exchange (LCCX) offers an innovative crypto exchange platform model that seeks to address notable weaknesses in the existing model. With its unique approach, the platform will make trading in digital currencies more accessible and reduce the risk level associated with the trade.

The cryptocurrency industry has experienced unprecedented growth over the past year. While this has led to a massive rise in popularity for the sector, particularly for alternative investment purposes, it has also highlighted notable fundamental issues in its supporting framework.

The Current State of Exchange Platforms

One of the most prevalent issues has to do with security for crypto asset traders especially with regard to the use of existing exchange platforms. It has become the order of the day to hear of sudden government crackdowns and seizures that leave investors stranded, exchange platforms operating in unpredictable jurisdictions, online storage of client funds and subsequent malicious attacks, working outside the realms of regulations and lack of insurance options against hacks.

Exchange platform users also complain about poor trading experiences on these platforms as a result of limited liquidity especially for small crypto coins. In fact, in many cases, only the major coins are available for trade on most platforms. Those that offer smaller coins mostly charge high premiums in the form of high withdrawal fees. There are also order delays and system downtimes that result in inconveniences for traders.

When it comes to customer service, the reputation of most existing exchange platforms is wanting, with tickets taking weeks, sometimes months, to get processed. The absence of live chat support on these sites is also a major turn-off, as is the lack of physical address details for a significant number of them.

The LCCX Solution

These are just some of the burning issues that crypto enthusiasts have to contend with on a daily basis. Unfortunately, in view of the decentralised nature of the blockchain technology that underpins the crypto industry, there is little the end user can do when they feel discontent. There is no central authority to turn to and up till now the situation has seemed hopeless.

LCCX seeks to be the solution for all of the above and many other issues that the current crypto exchange platform model fails to address. It aims to set a new standard by developing the most trusted exchange platform, with user convenience at the heart of the project.

Restoring Transparency and Accountability to the Crypto Industry

The first and simplest step that LCCX plans to use to remedy the situation is to have the company details, including its physical address, present on the website. This is to create accountability for the project and inspire hope in investors. The project also aims to work closely with regulators such as the Financial Conduct Authority in the UK and others around the globe.

In order to prevent the likelihood and impact of malicious attacks on the system’s network, the company plans to keep all client funds in secure, offline, cold storage facilities. But as a further protective measure, LCCX also aims to offer insurance covers for all funds against hacking.

A User-Friendly Approach

The LCCX website will have live chat support round the clock to guarantee real-time assistance for users. Additionally, the project plans to offer a one-stop shop for crypto exchange users. To this end, the platform will have hundreds of coin varieties available for trading so as to appeal to all users. There will be trading pairs with both fiat currencies as well as popular crypto coins.

The LCCX market-making service will offer added liquidity even for smaller coins traded on the exchange. Customers will pay minimal withdrawal fees to encourage transactions on the platform and to increase functionality. The platform will make use of an ICO underwriting service with the latest, exclusive crypto assets.

The LCCX ICO

LCCX is holding an ICO public pre-sale that is scheduled to start on March 12, 2018. This crowdsale will hold massive benefits for early investors thanks to its highly appealing bonus structure. This comes in three tiers, with a 30% bonus on the first 15 million tokens sold, 20% for the next 10 million and 10% for the next 7 million.

Lastly, LCCX is comprised of a powerful team of members from both the traditional financial and legal sectors as well as others from new tech industries. It has what it takes to fulfill its objectives and usher in the long-awaited disruption to the current exchange platform model.

Website: https://lccx.io/

Whitepaper: https://www.lccx.io/LCCX-WhitePaper.pdf

Twitter: https://twitter.com/lccxofficial

Telegram: https://t.me/lccxico

BitcoinTalk: https://bitcointalk.org/index.php?topic=3046661.0

Youtube: https://www.youtube.com/channel/UCSUrtlF8_wXcV32dl4bDOug?view_as=subscriber