Cryptocurrency Exchange Nebula to Launch in March, With Unique Reputation System

Nebula, a cryptocurrency exchange which aims to provide support for cryptocurrencies that struggle to find affordable listing, will launch by the end of March with a unique reputation system.

On major cryptocurrency exchanges like Binance and Bitfinex, it is difficult to find cryptocurrencies with small market valuations and shallow order books, because large cryptocurrencies tend to list cryptocurrencies with the potential to attract high profile buyers and large-scale traders. As such, cryptocurrency traders rely on exchanges like Huobi and OKEx for small market cap coins.

According to the Nebula development team, the exchange was built specifically to support orphaned projects that could not find affordable listing. It will be able to support cryptocurrencies and blockchain projects left out by major cryptocurrency trading platforms. Some exchanges impose a listing fee in the range of $50,000 to over $500,000, which is realistically not possible for small cryptocurrencies and blockchain projects to afford.

With a 0.1 percent fee and small taker fees with lower listing fees, Nebula is eyeing to take over the niche market of orphaned projects and small cryptocurrencies, which most exchanges have overlooked in the past two years.

Uniquely, Nebula also allows users and traders to rate projects with a reputation system, similar to how products are rated on e-commerce platforms like Amazon. Scams, worthless investments, pump & dumps, and projects with no substance, clear vision, and strong developers will receive poor ratings, giving newcomers and casual traders a more efficient method of segregating projects.

Projects with high ratings will be rewarded by being advertised on the front page of the exchange, giving more exposure to traders and investors on the trading platform. A large interactive nebula cloud with 20 distinct stars will have the logos of the top 20 volume cryptocurrencies.

The majority of investors and traders in the global cryptocurrency market has criticized many exchanges, even large-scale trading platforms, for failing to transparently disclose the structure of their companies and legal registrations. Nebula Exchange, a fully Know Your Customer (KYC) compliant exchange with margin trading, is registered in Singapore with a company called ChainTrade, which already have a commercial businesses of its own that enables the trading of commodities on the blockchain such as food and raw materials.

In light of recent security breaches and hacking attacks, such as the theft of over $530 million worth of NEM from Japanese trading platform Coincheck caused by the usage of hot wallets, Nebula implemented a robust multi-signature system to protect user funds and operate a cold storage wallet to store the funds of traders safely, offline.

The team, led by CEO Vincent Jacques and CMO Nathan Collins, have significant trader and entrepreneur experience, and are confident that it can address the concerns, requirements, and demands from the cryptocurrency community.


Subscribe to our newsletter

As NewsBTC previously reported, Neurogres is a unique Artificial Intelligence (AI)-based Internet of Things (IoT) network based on Ethereum’s decentralized blockchain protocol. Neurogress is the first company to bring a sophisticated neurocontrol system into the blockchain sector by enabling prosthetics as IoT devices.

It transfers neural data from the user’s brain directly to an IoT-enabled prosthetics device, allowing seamless movement of prosthetic joints and body parts. The Neurogress blockchain network primarily functions as a data processing platform of neural information and a marketplace for developers to distribute algorithms, software, and innovative technologies.

Product Analysis

Even amidst a major cryptocurrency market correction that led the price of most cryptocurrencies including bitcoin, Ethereum, and Bitcoin Cash to fall by at least 50 percent from their all-time highs, many initial coin offering (ICO) projects and crypto-assets are being criticized for their lack of products and working prototypes.

Since late 2016, the ICO sector and projects within it have taken the “raise money first and build product later” approach. Consequently, ICO projects that have raised tens of millions of dollars have struggled to launch their products. In essence, most ICO projects in the market have raised massive capital without demonstrating nothing else but their whitepaper.

Working prototypes and software are important evaluation tools of an ICO project because without them, investors and traders cannot possibly predict the future trend of the project in terms of user activity, price development, and adoption. As Cornell professor Emin Gün Sirer stated, investors should not invest in blockchain projects that have no clear use cases of their tokens.

“You should only invest in and hold coins which you believe will be used, extensively, in the long run. If you bought coins on a whim, without an investment thesis, based on hype, well, they are pure speculation. If you cannot answer the question of ‘who would desperately want to acquire this coin in the future, and for what purpose,’ then it’s worth re-thinking your position,” said Sirer.

Product analysis is crucial for any blockchain project because it is not possible to speculate on the applicability and potential of the project’s native token if it does not have a product.

Neurogress remains as one of the few projects in the space that is initiating an ICO or a token crowdsale with a working product.

The fundamental technology and product of Neurogress is its neurocontrol system that is capable of transmitting, storing, and analyzing neural information sent from the user’s brain with a rate of accuracy and speed that is better than existing technologies in the market.

“This [accurate processing of neural information] is achieved through incorporating artificial intelligence into the process of interpreting a brain signal and converting it into action. By introducing software which actively generates an evolving algorithm for interpreting an individual’s brain signals, the potential for sending detailed, precise commands to a device is greatly increased,” explained the Neurogress team.

Developers behind Neurogress also noted that while there exists an abundance of neural interfaces in the present market, none of those interfaces and systems can be implemented without specificity and accuracy required for prosthetics and external IoT devices to function.

Neurogress showcased its AI-based prosthetics technology on multiple occasions. Its robotic arm, which was demonstrated on several content distribution platforms including YouTube, showed the ability of the Neurogress system to seamlessly transfer neural information to an IoT device.

Ostensibly, Neurogress seems like an innovative startup with an actual sophisticated neurocontrol system and interface that is struggling to obtain funding and capital from its respective sector so it decided to enter the blockchain market and employ decentralized blockchain technology of Ethereum.

Sustainable Model

CryptoRand, one of the most influential traders in the cryptocurrency space, noted the following criteria as the most crucial evaluation tools to use in analyzing a blockchain startup:

  1. Idea
  2. Team
  3. Attitude
  4. Roadmap
  5. Communication
  6. Community Support
  7. Price and Supply
  8. Liquidity / Fungibility

Since the idea behind the Neurogress blockchain network has already been covered above, the other seven points are needed to be evaluated. To begin with, Neurogress has a tight roadmap to deliver milestone every month. This is different from ICO projects claiming to deliver major milestones every quarter, because that prevents the development team from pushing their resources and capital to deliver their product.

As CryptoRand explained:

“Having a roadmap is a basic pillar nowadays, but is not enough to provide a bunch of ideas. A proper roadmap should be timed and detailed. Even better, showing an updated track of the development for each stages. The roadmap should be also realistic, it’s not worthy to provide utopias that you are not going to be able to deliver.”

By February and March, the Neurogress development team is expected to test its neurocontrol beta version software on 4 movements of a dummy prosthetic arm and focus on the development of optimal construction of prosthetic arm.

By April, the neurocontrol beta software will be tested on 8 movements of a dummy prosthetic and by May, it will expand to the entire arm and drone testing. Through a strict development roadmap, Neurogress plans to deliver and launch its online platform by the first quarter of December 19.

Considering the development roadmap of Neurogress, the token itself, which is a main part of its software distribution platform, is a strong mid-term investment.

For communication and community support, apart from its social media channels, Neurogress has an open phone line and a slack channel with which investors can receive frequent updates about the progress of the project.

Team and Advisors

The Neurogress team is led by Konstantin Gorbunov and Alexander Ovcharenko, who have been both involved in the neural network and AI industries throughout their professional careers. Ovcharenko, the chief technological officer at Neurogress, is still an active engineer at Blue Brain Project, working with parallel neural network simulator CoreNeuron on highly distributed systems at the scale of the biggest supercomputers in the world.

Two neuroscientists in Tayler Newton and Bruno Magalhaes are a part of the Neurogress team, overseeing the implementation of the Neurogress neurocontrol system and development of technologies.

Neurogress is initiating its ICO on February 10.

2017 has been a record breaking, awe inspiring rollercoaster ride for cryptocurrency valuations with over 2000% valuation increases. With all the hype and global attention on Bitcoin and other cryptocurrencies, Initial Coin Offerings have attempted to tokenize just about everything in 2017. However, in this culture of tokenization, what everybody has failed to observe is that, with price spikes in crypto valuations comes energy spikes in transactions processing.

As of September 30, 2017, 1 Bitcoin transaction could power 7.5 homes in the US for a day.

 As of December 31, 2017, 1 Bitcoin transaction could power 10.5 homes in the US for a day.

This trend should cause severe alarm and provide us all with reason for concern. Furthermore, with a tidal wave of ICOs forthcoming this year all intending to take advantage of the hype and frenzy that is frothing within the crypto community, the consumption of electricity to process all these transactions is only expected to rise exponentially.

A proof-of-work (POW) system (or protocol, or function) is an economic measure to deter denial of service attacks and other service abuses such as spam on a network by requiring some work from the service requester, usually meaning processing time by a computer.

On the contrary, Proof of Stake (PoS) concept states that a person can mine or validate block transactions according to how many coins he or she holds. This means that the more Bitcoin or altcoin owned by a miner, the more mining power he or she has.

While we all look forward to proof of stake to evolve, nevertheless, the most sought after, pioneer proven currency remains Bitcoin, which continues to operate on a proof of work methodology. This is why the network is voraciously consuming electricity for the foreseeable future.

This situation is extremely reminiscent of the heated debate experienced between our dependence on fossil fuel consumption versus our shift to renewable energy consumption as a civilization. This debate has been ongoing for over two decades now, and our dependence on fossil fuels is anticipated to continue for the foreseeable future similar to our dependence on proof of work.

In lieu of this culminating impending crisis, one company has taken measures to solve this head on. 4NEW Limited, a UK based Waste to Energy treatment plant, launched its pre-sale in the fall of 2017. 4NEW successfully raised USD 30.5MM from US private equity funds in a conventional round of funding, achieving their soft cap requirement. Now with the funding for the plant secured, 4NEW has allocated all its electricity output into its coin, namely KWATT. The plant has a capacity of generating 300 million kilowatts per annum. With a total coin supply of 300 million, each KWATT Coin will be backed by 1 kilowatt of electricity.

This electricity will be applied towards the mining of bitcoins and other cryptocurrencies. So while blockchain network protocols take time to evolve into a more energy efficient network, we can have a sustainable mechanism via which cryptocurrencies can transact in an environmentally responsible fashion with zero impact to the climate as is the case with dependence on fossil fuel generated electricity.

Furthermore, for the first time, we have a utility company solely dedicated to providing energy to blockchain networks; With the people holding the power to allocate this energy in their desired location via a voting structure only available to the KWATT coin holders. Needless to say, 4NEW has successfully tokenized electricity, the most sought after commodity for our civilization with applications not just within the crypto community but also mainstream utilization.

Website: www.4new.co.uk

Video Link: https://www.youtube.com/watch?v=UjqcsBQkAwE

Telegram – https://t.me/joinchat/EgIZbBDLYGHlhtbSS58i-Q

Facebook – https://www.facebook.com/4newcoin/

Twitter – https://twitter.com/4newcoin

Instagram – https://www.instagram.com/4newcoin/

LinkedIn – https://www.linkedin.com/company/4new/

After three years of hard work, countless hours of programming, passion and perseverance for a shared vision, CloakCoin has reached a new milestone in building the world’s safest cryptocurrency.

ENIGMA, the in-house payment system is open source as of 31st December 2017. Anyone can now take advantage of CloakCoin’s Transaction System.

At the heart of CloakCoin is ENIGMA, protecting you from access by third parties, such as hackers, official bodies or any unwanted parties. The blockchain payment system encrypts the transactions of users and prevents transaction tracking while providing secure transactions with a maximum processing time of 60 seconds.

Thus, CloakCoin’s ENIGMA ensures full privacy combined with speed.

Many advantages that are hard to find at other cryptos and which are now easily accessible to you, the end user.

By making ENIGMA freely available, CloakCoin aims to provide its community with the transparency it deserves and gives prospects the opportunity to leverage their proven payment system.

While your own privacy is being eroded day by day, piece by piece, CLOAK rebuilds it where it matters most. ENIGMA protects your finances and transactions from sightings by unwanted parties. With the Open-Source, the team of the CloakCoin expressly declares this security. The team now stands behind the promise of making its technology freely available.

A clear manifesto at a time when heroes like Edward Snowden are being persecuted by the law and espionage is being run by the state on a grand scale, protection is more important than ever before. Nobody should give away more information than he or she wants to reveal.

Along with this manifesto and the resulting enhanced transparency, there is an opportunity to collaboratively advance CLOAK. The community, technology experts and prospects are encouraged to use its technology freely and share these improvements with the Cloak team. By doing so, CLOAK expects to receive new impulses from outside and acceleration of its establishment in the markets. The common welfare stands in the foreground.

CloakCoin is aiming for a whole new level, which will be confirmed by a quality audit of an external company in January and increased promotion of the ENIGMA technology. Already CLOAK’s current increasing value confirms its growing prominence.

CloakCoin redefines data privacy and makes its vision become reality.

Website: http://www.cloakcoin.com
Chat. http://chat.cloakcoin.com
Open Source: https://github.com/CloakProjectDev

 

BCDiploma is presenting a breakthrough proposition by making the best of Ethereum to offer a world-beating one-click diploma and data certification service. BCDiploma is an innovative framework that allows to certify data and share it through a simple URL link.

 10 good reasons to contribute to the BCDiploma’s presale ICO and to not miss the 20% bonus

#1 Market fit for diploma authentication

Schools and universities face increasing degree falsification and forgery worldwide. All stakeholders in the education field are willing to offer their graduates an innovative digital tool aimed at defending their brand. HR professionals are also eager to have a reliable way to check a candidate’s diploma.

#2 A strong Token

BCDiploma’s token, BCDT, is the fuel of BCDiploma’s ecosystem. Entities, schools, universities and other BCDiploma partners will require tokens to use the service. For each and every certified data issuance, the BCDiploma smart contract will burn a percentage of BCDT tokens automatically.

#3 Expert team

Founders have 10+ years of experience in the education software market and know exactly what schools are expecting and how to meet their requirements.

#4 Schools / universities ready for adoption of a blockchain degree authentication service

Renowned schools and universities are following technological evolutions to avoid forgery and degree counterfeiting. We are aware of their concern, and have taken as our mission to bring a solution adapted to the issues they’re facing as fake certifications are strongly hurting their reputation and business.

#5 Data First technology

BCDiploma is not based on hash technology to authenticate the diploma. Instead, its innovative technology stores the the diploma’s data directly in the blockchain and certifies the school’s identity on Ethereum.

#6 Blockchain as a service

BCDiploma offers schools and universities a turnkey solution and a transparent access to blockchain technology. No specific blockchain knowledge is required to use the service.

#7 Forever available

BCDiploma’s DApps (blockchain specific decentralized applications) are open-source and the diploma content & data are stored on a public blockchain: therefore schools and universities are guaranteed to retain access to data and DApps forever.

#8 Open to anyone and cost-effective

Any entity can use the BCDiploma authentication service. The unit cost of each certification will be approximately $1.5, without a subscription or recurring fee. The service will be free for graduates and for anyone who consults the diploma, and will not require an ethereum address.

#9 Compliant with coming regulations

European General Data Protection Regulation (GDPR), which will become enforceable by in May 25,  2018, is now the new reference text on personal data protection, and will become applicable globally. The innovative solution developed by BCDiploma is already compliant with this new regulation.

#10 It is just the beginning…

BCDiploma is the first use case of the EvidenZ framework, designed to certify all kinds of data: certificates of competence, diplomas, certificates, professional registers, administrative data. The fields of application are countless, and EvidenZ’s simplicity of use aims to set it as the standard of certified data.

In a nutshell, BCDiploma’s presale ICO is a unique opportunity to take part of the certified data bright future with a 20% bonus. Presale is running and will end on January, 18th.

 Join our Telegram channel: https://t.me/BCDiploma
Learn more about BCDiploma at www.bcdiploma.com

 

Today, the founders of TravelFlex cryptocurrency announced, that the ICO of the project will continue until 12th January 2018 23:59 GMT. TravelFlex is a product for global travelers, based in blockchain technologies, developed by a Hong Kong based company.

During this round, the company is offering to sell 95M TravelFlex coins $0.28 each for funding the project. Funds raised by the ICO offering will be used to develop the blockchain further and to establish additional traveller-specific services to facilitate the growth of traveling industry.

TravelFlex is a working coin and not a token. It’s a coin that can be actively mined and it runs on its own decentralized network, it will be listed on exchanges straight after the ICO.

Don’t be confused by the name Travelflex since the coins can be used for almost anything payment related, not just traveling.

According to estimations used by the founders, the amount of global nomads and travelers will be counted in billions by 2020. TravelFlex ICO round is now open for investors to claim their share on essential financial tools and services for global travelers, based on decentralized blockchain technologies.

TravelFlex offers:

  • ATM Card for global low-cost cash withdrawals
  • Social networking and payment features for fellow travelers
  • Escrow services for advance booking of travel services, like hotels
  • 24/7 live support
  • Printable traveler-check alike TravelFlex checks
  • Mobile application for financial transactions and social networking

This investment round is a unique opportunity to claim your share on the next generation cryptocurrency. Most of the TravelFlex services are scheduled to be deployed and in full use by the end of the year 2018.

Contact for more information:
https://travelflex.org/
https://t.me/travelflexchat

 

 

NTOK.io has created a new platform for delivering education opportunities across the globe. Why is that worth mentioning? The brand-new model, based on blockchain technologies, could help the project to get a fair share of the fast-growing online-education market.

The service enables students to get in touch with tutors for online teaching or training sessions, which is a perfect alternative for language of programming courses. Of course, the direct peer-to-peer model does not completely removes the need for commercial schools, study centers, and tutoring agencies, but for a lot of people this could be a perfect option, which makes education more affordable and accessible.

This couldn’t come at a better time as EdTech spendings will reach $252 billion by 2020. Online tutoring remains an untapped market, with only 3 to 5% of all tutoring taking place over the internet. NTOK.io is poised to reverse this with their unique service and ecosystem. No other company is offering live one-on-one tutoring and customized licensed content built on blockchain technology.

NTOK.io CEO, Andrew Kravets, Alfa Bank and McKinsey alumni, has aspirations to “change education globally, with a focus on moving it from offline to online.”

The technology is pretty simple. The blockchain architecture allows for a safe and secure experience, providing a system with 100% trustworthy ratings and reviews and a built-in cryptocurrency known as ‘ninja tokens’ or NTOK. The tokens can be exchanged for tutoring services on the platform, used for incentives and bonuses or traded for other well-known cryptocurrencies such as Bitcoin or Ethereum.

NTOK’s Initial Coin Offering (ICO) investment is set to begin on Jan 15, 2018 and end a month later on Feb 15, 2018. During this period, they will be offering promotional bonus tokens that have 10% the value of any investment amount.

We expect this promotion will help them reach the minimum ICO cap of $15 million. The team has managed to enlist the support and endorsement of several high-caliber advisors, including David Goldsmith of the Goldsmith organization. At a recent ‘Future of Robotics’ talk, Goldsmith was quoted as saying “We are not educating people fast enough to catch up to new knowledge.” This is the core problem that the team is addressing.

“David brings over 30 years of global expertise to the project. We’ll also have an opportunity to take advantage of the vast experience of his team. We’re looking forward to tapping into his expertise derived from consulting projects for many renowned educational institutions,” explained Maxim Shekhovtsov, the CFO of NTOK.io.

“Our model is innovative, but we recognize that incorporating the learnings of traditional educational institutions, as well as overall business best practices from more mature corporate players, will help us position NTOK.io as a trustworthy and globally-oriented education service provider,” added Shekhovtsov.

Other prominent advisors to NTOK.io include ICOBox CEO Mike Raitsyn and Susanne Morgan, Ph.D., a Professor Emerita of Sociology.

Susanne Morgan believes that “the global nature of the learning environment is something that, in the US or China, people are hurrying to catch up with. Institutions like brick and mortar colleges would invest in this for their students because they know their students need individual help, and institutions aren’t always able to supply it without great cost.”

The alpha version of the NTOK software has been successfully trialed and the beta version launch is planned for June 2018.

To find out more about the NTOK ICO and details of the 10% token promotion please visit https://ntok.io/ or email <support@ntok.io>