Crypto Currency Financial

• 8 million will be set aside specifically for game developers in the region
• Partnership with leading accelerators in Southeast Asia (SEA) to incubate the selected project
• Collaboration with an educational institution to extend support to aspiring blockchain talents in Singapore

Singapore, 23 June 2020 – Building Cities Beyond (BCB) Blockchain has announced the launch of its BCB Innovation Grant. The Singapore-based blockchain developers for smart city solutions will be looking to award USD15 million worth of grants to projects developing on the BCB protocol, as it looks to ramp up the development of its ecosystem. BCB’s launch of the grant comes alongside news of partnerships with leading accelerators to incubate selected projects.

The BCB Innovation Grant aims to boost key development areas of the BCB ecosystem, and will target up to 1,000 projects within Asia. The USD15 million grant will cater to the tech startup ecosystem in the region, with grant participants also gaining access to BCB workshops and facilities to assist and bolster their development capabilities. As part of its plans to attract developers to its platform, BCB will set aside USD2.8 million of its innovation grant to fund game development projects on the BCB platform. In doing so, the Singapore-based company hopes to use game development as a means to introduce and encourage developers to its blockchain protocol.

Douglas Gan, CEO of BCB Blockchain, said “As BCB continues to grow its ecosystem, we realize the vast potential of blockchain technology in everyday applications. We are looking at holistic approaches to support and reach out to existing and upcoming projects on the BCB protocol. The launch of the grant is part of this approach, as we look to support our partners in the midst of a challenging economic climate.”

Incubating Innovation: Partnership with SEA’s Leading Accelerators

As part of the company’s efforts to encourage innovation and strengthen its own ecosystem, BCB Blockchain has also announced partnerships with some of the leading accelerators to co-incubate startups in Southeast Asia. Building on their earlier partnership with the Department of Science and Technology Philippine Council for Industry, Energy and Emerging Technology Research and Development (DOST-PCIEERD), the Singapore-based company recently signed MOUs with associations such as Access Blockchain Association, a registered society under the Ministry of Home Affairs in Malaysia; as well as accelerators such as Meet Ventures and Hashed Labs — an Accredited Mentor Partner (AMP) of Enterprise Singapore.

The partners will look to identify growth-stage projects and collectively offer multi-layered support to any challenges the startups may face with regards to funding, technology, working space and business development. Through the partnerships, BCB is striving to boost the startup community, especially those looking to reinvent themselves to survive hits of the pandemic.

Nurturing Singapore’s Future Economy

Singapore’s Prime Minister Lee Hsien Loong recently addressed the nation on a post-pandemic future, where he discussed “Future Economy” strategies. As innovators and one of the region’s leading blockchain technology companies, BCB will look to support the upskilling of existing professionals and nurture future talents in Singapore.

The blockchain-based smart city protocol is partnering with the Institute of Blockchain Singapore (IBS) to extend its initiatives and facilities to students and upcoming technopreneurs. Students will also be able to participate in BCB Hackathon, set to take place in the coming months to showcase their concepts and score commercialization opportunities. BCB is also reaching out to other higher learning institutions to co-create workshops and educational events in the region.

“The strategic partnerships with educational institutions and accelerators will seek to address gaps in nurturing future talent, and provide support for projects as well as upskilling opportunities for developers looking to step into the blockchain space.”, added Douglas.

Interested participants will be able to sign up via the online registration form available at https://tinyurl.com/BCB-Innovation-Grant. For more information, kindly visit https://www.bcbchain.io .

• Ends –

About BCB Blockchain

BCB is a leading blockchain protocol which integrates Artificial Intelligence, Cloud Computing, Big Data, Virtual Reality, Robotics and hardware to create smart city solutions that interconnects cities across distances and improves the quality of life for people, businesses and governments. BCB Innovation Pte Ltd is a Singapore registered company, founded by GBCI Ventures Pte Ltd. BCB has been growing steadily in the past year through vertical and horizontal market expansions. With more than 500 staff and seven offices across seven countries, BCB aims to create and support the economies of 1000 smart cities of the future.

Press Contact

ATROMG8, the multi-blockchain landscape powered by the innovative MixNet 5.0 superstructure has achieved yet another milestone in its journey towards developing a fast and secure ecosystem for conversations, coworking, PSP  transactions, data exchange, Diploma on Blockchain and social media as a whole. 

It recently got listed on the South Korean platform of global cryptocurrency exchange ProBit. Users will now be able to trade the platform’s native token AG8 on proBit as an AG8/USDT trading pair. 

The AG8 token will be fully operational on ProBit, South Korea from 22nd June, 17:00 KST, as a tradable pair with USDT.  

Deposit begins on June 19, 2020, Friday, 17:00 KST

Trading begins on June 22, 2020, Monday, 17:00 KST

Crypto Trading Platform – ProBit

Based in South Korea, the ProBit Global exchange is counted among the renowned crypto exchange, equipped with an advanced and user-friendly dashboard that makes it extremely easy for traders to engage with multiple trading pairs.

Furthermore,  the South Korean exchange also featured among the Top 20 exchanges in terms of the trading volume. Probit currently offers 500 trading pairs.

In these years ProBit Exchange has made its credibility and wide outreach across the world makes it one of the most trusted launchpads for crypto projects. And it is no certainty that ProBit has created a wide community of regular traders, which is a huge benefit for projects, as it allows them to access a global audience without spending a fortune. Here are a few notable statistics:

• 100,000+ community members
• 500,000+ monthly active users
• 2,500,000 monthly web visitors
• 40,000,000 users on partnering aggregators and wallets such as CoinMarketCap
• Global outreach in 8 key languages & markets provided
• Multilingual website supporting 25 different languages

ATROMG8’s recent inclusion on ProBit as a tradable cryptocurrency with am AG8/USDT pair is a boost for the project’s efforts towards global expansion. 

ATROMG8: The Blockchain-Based Platform for Secure Communication

There are a number of drawbacks when it comes to the existing communication system – be it general data exchange or financial transactions. With its innovative MixNet Superstructure Technology, ATROMG8 aims to harness the advanced features of cutting edge technologies like Blockchain and create an optimized ecosystem for safe and secure communication. 

Privacy is one of the looming concerns in today’s digital world. To address that issue and ensure an end to end protected communication channel, ATROMG8 has harnessed blockchain technology to develop a decentralized ledger, which various networks can access, and process secure transactions directly via satellite communication. 

ATROMG8 has been designed to serve as a means of exchange, a unit of account, store of value, and a peer to peer transaction vehicle. The platform will be powered by its native tokens named AG8, using which token holders will be able to access and utilize various perks of the ecosystem. Moreover, these tokens will act as a payment method to pay for sending and receiving data, cost of services, and compensation for the Network operators.

All in all, ATROMG8 is an all-inclusive platform that offers safe, secure, seamless, and affordable communication under one single platform. 

The project has been receiving global attention off late, and the recent listing will only strengthen its objective to make the platform easily accessible for users across the globe. Recently, it also got featured on Hackernoon’s list of  “Top 20 Promising Blockchain Projects in 2020”. 

To know more, please visit the following links: 

ATROMG8 Website: https://atromg8.com/

ProBit: https://support.probit.com/hc/en-us/articles/900001324326

ATROMG8 Official Telegram Group: https://t.me/My_Atronocom_World 

Through a variety of partnerships with some of the biggest teams in the sports world, cryptocurrencies have started to become more and more used in promoting sports and in online betting.

While cryptocurrencies have many implementations, especially in the financial sectors, the sports industry has also started embracing their use.

Sports teams and organizations have used digital tokens for different purposes, such as giving fans exclusive access to limited content and items, creating fan tokens, buying tickets, and so forth. Back in 2014, the NBA team Sacramento Kings allowed fans to purchase tickets and merchandise with Bitcoin (BTC). In June 2019, the Portuguese football club, Benfica, collaborated with the cryptocurrency platform, Utrust, to accept crypto payment for merchandise and tickets. Supporters were able to use Bitcoin, Ethereum, and Utrust tokens to make purchases on the platform.

Also, some of the biggest teams in Europe, such as Juventus, Paris Saint-Germain, West Ham, and Roma, have used the tokenization power of blockchain provided by their partnerships with the blockchain-based, fan engagement website Socios to enable fans to create their own fan tokens.

Fans could then use their tokens on the platform to vote on matters such as changing the club’s jersey or accessing exclusive content and collectibles.

Socios’s platform is powered by its proprietary cryptocurrency called Chiliz. The company made headlines when it announced that Chiliz will be listed on the top cryptocurrency exchange, Binance.

This partnership represented a huge stride for the development and adoption of blockchain and cryptocurrency use in the world of sports. According to Socios CEO Alex Dreyfus, there are more than 3.5 billion sports fans worldwide, which can mean a huge untapped sector for cryptocurrencies.

For many centuries, sports and betting have gone hand in hand. As the world is transiting online, online sports betting sites have also appreciated in popularity.

The transactional benefits of cryptocurrencies enabled many of these sites to facilitate fast gambling and betting for punters from all over the world, as cryptos do not rely on banks. While most sportsbook sites usually accept only Bitcoin or Ethereum, the 1xBit site, for example, supports over 20 types of cryptos, including QTUM, Stratis, NEO, EOS, Monero, Zcash, and many others.

Crypto betting sportsbooks have become quite successful in the past few years, some of them becoming major sponsors for well-known sports teams. For example, two major English Premier League football teams were sponsored by crypto gambling sites.

Arsenal received sponsorship in 2018 from the gambling platform CashBet. Through the collaboration, the company advertised its native crypto, CashBet Coin, during the Premier League season when Arsenal played its home games at the Emirates Stadium.

Online sports betting has also benefited from the introduction of cryptos as payment options. Cryptocurrencies are a more convenient way for punters to make transfers to and from their betting accounts, as there is no personal name, address, telephone number, etc., linked to the asset. While some crypto gambling sites ask for additional data when registering, 1xBit is a fully anonymous sportsbook. Signing up is just one click away, and you do not have to provide any sensitive information. What’s more, new users can benefit from a generous welcome bonus of up to 7 BTC.

Accounts can easily be funded through a variety of cryptos, with more than 20 options to choose from. Of course, you are not limited to using only one crypto when betting, as all 1xBit users have multi-currency accounts. As the sportsbook only accepts cryptos, all transactions are feeless and facilitate fast payouts.

1xBit features a multitude of sports, including traditional and esports matches and tournaments, where you can find high odds on many events.

Fundraising is one of the most crucial tasks for micro, small, and medium-sized businesses, especially for those which are new in the space and trying to establish themselves. With so many barriers and complexities, it is quite difficult for MSMEs to successfully secure capital investment in the traditional financial markets. The most common fundraising channels are – venture capital, crowdfunding platforms, bank loans, friends and family.  However, most of these require businesses to already have a steady cash flow and revenue level plus usually a personal guarantee by the owners.. 

In this context, digital money is a low barrier micro-financing method. Superexchange platform and financial supply tool AladiEx is empowering MSMEs by providing them with a blockchain-based fundraising platform through which they can create global investor connections and raise funds through instantaneous transactions. The platform is powered by a native token named ALADIN (ALA), which businesses can use to secure the funding they require. 

What makes the platform so exciting is investors and crypto enthusiasts also get an opportunity to invest globally in promising businesses through digital currencies. To put it simply, AladiEx is a blockchain-powered superexchange platform which acts as both a financial supply tool for MSMEs and an advanced trading platform for crypto traders and investors. As a part of its upcoming platform update, AladiEx will launch its fully functional basic exchange and OTC trading platform on the 15th of June, 2020. 

AladiEx Provides a Win-Win Situation

The AladiEx blockchain-based platform enables small businesses from anywhere across the world to connect with investors and present their fundraising goals. Being powered by blockchain, AladiEx executes the fundraising process through encrypted algorithms and secure identities. Businesses registered on the platform are duly verified and they use the ATO (AladiEx Token Offering) methodology and their newly created tokens by AladiEx to secure funding from investors. Fundraising on AladiEx is driven by the businesses meeting certain KPIs so that they can move on to the next funding round. Hence it is fair to say that AladiEx presents a safe and secure fundraising environment that investors can trust upon. 

Apart from being beneficial for MSMEs, AladiEx also offers an advanced trading platform where investors can trade and manage their assets using top class trading tools. Hence, it is a unique financial supply tool that addresses the existing pain points of both businesses and investors, thus creating a secure investment platform. 

Summing it Up

If you are a crypto enthusiast, business professional looking to venture into the crypto space. or a seasoned trader, AladiEx’s upcoming OTC and Basic Exchange launch will interest you. The platform’s basic exchange will be fully functional from the 25th of June. Moreover, it will also launch its OTC trading platform on the same date. This will enable traders to trade in crypto directly, without any intervention from a third party or the exchange itself.  Initially members will be able to trade BTC, ETH, USDT and ALA the native token of the exchange.

To know more about AladiEx and receive upcoming updates, please visit https://aladiex.io/. For exchange related details visit https://aladiex.com/. For any other query, please join the official Telegram Group of AladiEx.

ATROMG8, the unique multi- DLT and blockchain Landscape powered by the innovative MixNet 5.0 is making slow but gradual strides. Its utility token, AG8, has recently been listed on Probit, South Korea as an AG8/USDT pairing. 

About ATROMG8

ATROMG8 is a Decentralized DPoS based blockchain-based ecosystem that enables human communication. Learning, managing and organizing in a fast, simple, and secure manner. Through its unique multi DLT and blockchain architecture, ATROMG8 aims to optimize the concept of human communication and value exchange to a whole new level, under the verticals of privacy and security. Its MixNet superstructure technology works to create a real-time ecosystem on digital platforms that is safe for all kinds of interaction in small and larger groups.

Various blockchain networks will be able to access the platform’s decentralized enterprise open source Blockchain ledger and execute transactions via direct satellite communication if needed, thus making it much safer in terms of security and privacy. 

The platform is powered by AG8 tokens that will facilitate various activities throughout the ATROMG8 ecosystem. These include – sending and receiving data, cost of services, financial transactions, and compensation charges for the node operators and stakeholders.

Apart from its utility as a peer to peer transaction vehicle, AG8 tokens will also serve as a means of exchange, a unit of account, and a store of value. AG8 token holders will be able to access the entire ATROM network and use its services/products. Interestingly, the platform is user-friendly, because of the fact that users can access it through any type of device – be it a desktop, tablet, or mobile phone. 

ATROMG8 is a global operating ecosystem that will facilitate safe and secure communication ( in terms of conversation, value exchange, and financial transactions) throughout the world, as per geographic regulations and in collaboration with licensed service providers in every field for a fairer, better and cleaner world.

Many are already working on applications and other interactions on the ATROM Network and so does the team contribute and build more and more transactions. 

ATROMG8`s team has provided the Blockchain solution for the rebuild the chain movement https://rebuildthechain.com/ – https://ppict-eab.org/ and contact tracing & exposure Analysis using Blockchain. We are working constantly on many projects which should help the planet to become a better place and we don’t ask for payment. It’s enough for the team to see our Name mentioned and building new relationships on which we are then building our ecosystems for our community.

We are actively participating in the ChainSat project which is brought to life by Accubits Technologies. https://chainsat.accubits.com/ it is the first of its kind project. CHAINSAT is a low earth orbit satellite developed by Accubits Technologies to establish an enterprise blockchain ledger that can enable a secure transactional network for next-generation enterprise blockchain applications. It facilitates a secure communication channel for enterprise consortium communication without any need to depend on the internet. Communication with the satellite will be established with UHF Telemetry with 115 kbps data and S-Band payload Transmitter with up to 5 Mbps data and an experimental X-band transmitter with up to 150 Mbps data. The satellite will have an onboard data storage of 4 TB in space hardened memory modules.

Other Important Details 

AtromG8 Get Featured on Hackernoon

In the list of  “Top 20 Promising Blockchain Projects in 2020”, AtromG8 saved its place among the top 3 projects. According to Hackernoon,  AtromG8’s decentralized biological system is going to prosper with a robust number of clients and increase inconceivable footing in the near future because of ATROMG8’s unique ecosystem which is providing all you need to communicate, learn, work and organize for you and your friends or simply to hang out and share a movie together.

About the Probit Exchange

ProBit is one of the most recognized cryptocurrency exchanges out there in the market. It features among the Top 20 exchanges in terms of the trading volume. It also supports 500 trading pairs. A few of its other key statistics are:

• 100,000+ community members
• 500,000+ monthly active users
• 2,500,000 monthly web visitors
• 40,000,000 users on partnering aggregators and wallets such as CoinMarketCap
• Global outreach in 8 key languages & markets provided
• Multilingual website supporting 25 different languages

ProBit is arguably the most user-friendly crypto exchange that makes it extremely easy for traders to engage with the AG8/ USDT  trading pair.  ATROMG8’s recent inclusion on ProBit is a new avenue for the decentralized blockchain ecosystem to reach more users across the world.  

The AG8/USDT trading pair is fully functional in Probit, South Korea. Users will be able to start depositing and trading from 19th and 22nd June respectively. 

• Deposit begins on June 19, 2020, Friday, 17:00 KST
• Trading begins on June 22, 2020, Monday, 17:00 KST

Important Links

ATROMG8 Website: https://atromg8.com/

Telegram: https://t.me/My_Atronocom_World 

Facebook: https://www.facebook.com/AtromG8/ 

ProBit South Korea: www.probit.kr 

Have you at any point considered digital money mining as an extraordinary wellspring of winning? We wager you should have! However, the substantial mining gear, computational force, and the costly idea of crypto mining have consistently been an obstacle. Be that as it may, not any longer. Isis network gives you the chance to mine cryptographic money from your cell phones, without managing the problem of costly and massive pre-necessities like mining hardware.

What is Isis Network?

To lay it out plainly, Isis is a digital money explicitly intended to empower crypto game stage. It is a versatile prizes application and doesn’t require the clients to pay any sum ahead of time so as to benefit of its cell phone based crypto mining office. Isis professes to be a low-power eco-accommodating option in contrast to customary crypto mining rehearses. Also, the stage is secure and straightforward in all perspectives. It has just teamed up with various blockchain-based undertakings so as to furnish clients with rebate benefits, access to new items, and so forth.

Isis Network sold out its IEO inside 30 minutes on ChainX

Isis as of late directed its Initial Exchange Offering on ChainX, which is a multi-money Korean crypto trade. it sold out to speculators and crypto lovers just inside 30 minutes of opening. An IEO is by and large intended to convey tokens by means of an accomplice trade, for this situation, ChainX, so as to impart greater security and straightforwardness. What’s more, Plosive’s exhibition in the initial 30 minutes reflects only financial specialists’ trust in Isis Network idea.

Isis game stage VS Traditional Crypto Mining

Conventional Crypto Mining normally includes enormous and costly mining hardware with gigantic computational force. In any case, just a bunch of substances can manage the cost of that – in this manner, subverting the entire idea of equivalent force and decentralization.

Isis, then again, gives a chance to everybody intrigued to begin mining crypto and win rewards, basically by utilizing their cell phones. It consequently mitigates the requirement for outsider mining gear providers and gives you an increasingly secure way of procuring rewards by means of crypto mining. What’s more, the stage causes you execute the procedure in a straightforward way, because of which, you don’t have to enjoy the complexities of blockchain innovation. This whole idea of ‘digging made simple for everything’ is a gigantic advance in driving crypto reception, and will go far – particularly in light of the extra advantages that clients can access on the Isis stage – P2P Mining, most extreme prizes, and multisystem mining.

Significant Links:

Site: https://isisnetwork.io/
Email: contact@isisnetwork.io

Crypto  currencies have not only changed the world’s expectations surrounding money. They’ve also continued to evolve in their own space since the first Bitcoin block was mined back in 2009. Since then, thousands of unique Crypto currencies have popped up. Of these, Btc remains the most popular.. Beyond its anonymous nature, btc has the potential to change the way we bank, make transactions.  Although btc has helped change payment methods around the world and is the premise of Crypto currency, btc still has many disadvantages such as: Risk of Unknown Technical Flaws, Higher Transaction Fee, Highly dependency on Pool System and Large Organizational Miners.  

Born with the mission of becoming a global payment platform A coin can solve the problems that btc is having,  a coin will replace btc in the future.  That’s why Bitcoin Red Diamond  appears. Bitcoin Red Diamond  is a peer-to-peer  currency and can be termed as a modified version of the technology on which btc was built. 

Bitcoin  Red Diamond will surely be more advanced than Btc and would eventually become today’s leading Crypto  currency. Bitcoin Red Diamond  is the best performing coin in the  market, characterized by anonymity and decentralization. Bitcoin Red Diamond  develops the main ecosystems based on Casino, Advertising, E-commerce industries.  Through  Bitcoin Red Diamond ‘s proprietary 3SPoS protocol, it is a new upgrade of DPoS consensus algorithm with 3 master node layers that can help the system handle more than 1,000,000 transactions per second.  

With our main features:

Acceleration

With Bitcoin Red Diamond ‘s proprietary 3SPoS protocol, it is a new upgrade of DPoS consensus algorithm with 3 master node layers that can help the system handle more than 1,000,000 transactions per second.

No internet required

Bitcoin Red Diamond  tokens can be completely traded between 2 wallets without the Internet. This is the advantage of Bitcoin Red Diamond ’s algorithm system, we connect people without using an internal network.

Smart-contract

Full encryption of transactions between wallets. Our platform leverages blockchain technology to ensure a fair, transparent and effective method of betting between individuals. There are no middlemen involved, everything important is governed by the Smart Contract.

Minimize resources

The Token will be automatically generated until the total supply reaches without mining like Btc, minimizing unnecessary waste of resources as well as reducing negative impact on the environment.

 and The Bitcoin Red Diamond  Ecosystems

     Advertising

Provide an easy to understand interface with simple account creation, user friendly profile management and account management.

    Gambling

Provide transparency and fair gaming experience to players. Betform uses a transparent way of generating the outcomes of its games with our tested and certified Bitcoin Red Diamond  system. 3SPOS algorithm as the back bone for decentralized applications. Our games are safe, fun, and private

    Ecommerce

Bitcoin Red Diamond  helps people interact in an environment that is mechanized through decentralization. Using blockchain technology to provide a trust less free market ecosystem by leveraging smart contracts for autonomously managed peer-to-peer interactions. 

Bitcoin Red Diamond  would continue the Bitcoin ‘s mission by taking control of finance from Banks and governments and give it back to the original deserving people, but at faster speed and without relying on pools and minimal transactional costs. 

With those advantages and 3SPOS algorithm platform, Bitcoin Red Diamond  will develop strongly in the future. If you missed the opportunity to own Bitcoin  in 2008, Bitcoin Red Diamond  will be the second opportunity to help you change your financial resources. 

Media Contact
Company Name: Bitcoin Red Diamond
Email: support@BitcoinRedDiamond.org
Website: https://bitcoinreddiamond.org/ 

The coronavirus pandemic has caused massive havoc throughout the world. Irrespective of geographical boundaries, caste, religion, and other parameters, it has affected millions of people. Apart from causing a health crisis, the pandemic has also created huge economic implications. And, people across the world are currently facing an immense financial crisis, especially due to the lack of job opportunities. 

In this scenario, the crypto industry has had a lot to offer. Trading in cryptocurrencies had always been a profitable proposition and continues to be so. However, there are certain inherent challenges to overcome, to realize the full potential of cryptocurrency trading. In this context, a new crypto exchange named Quan2um, powered by the brand new COV19 Coin looks promising. 

Both Quan2um and COV19 Coin are a part of the crypto-focused COVID-19 Project. 

About the COV19 Coin and Quan2um

A few of the major challenges in the existing crypto trading space include – limited number of payment options for crypto to fiat conversion and vice versa, high transaction fees, geographical limitations, fragile technical architecture, etc. 

Quan2um addresses all these issues and more. It is an integrated crypto to fiat trading system. Apart from providing a high-level of fiat support, the exchange is also equipped with numerous advanced trading features. Moreover, it supports crypto-fiat transactions through major credit and debit cards including Visa and Mastercard. Initially, the exchange will support more than 50 trading pairs for the following coins: BTC, ETH, QUSD, AND COV19. 

The COV19 coin is a major aspect of this project. It is a cryptocurrency which will have a supply of 7.8 billion – equal to the approximate world population. The sole idea of extending this coin is to enable anyone to trade and enjoy its benefits. These include – PoS staking income, high master node rewards, upto 50% trading fee waiver on the Qaun2um exchange. Moreover, COV19 holders will also have access to a high-yield trading bot on the Quan2um exchange. 

Summing Up

This COVID-19 Crypto Project is powered by the PIVX blockchain. It also has a unique master node program, from which COV19 holders will be able to benefit. 

All in all, the world is going through a tremendous financial crunch, and this blockchain-based project backed by the Quan2um exchange and COV19 coin is a great opportunity to attain financial independence and stability for any individual irrespective of their experience in the crypto trading space. 

The COVID-19 project has several other features, benefits, and technical aspects. You can know in detail about all of those at https://covidcoin.ee/

Whitepaper: https://covidcoin.ee/COVID19%20WP%20Rus%202.pdf

Official Launch Date: 1st July 2020

Creating crowdfunding mediums using blockchain technology offers a plethora of solutions to many common problems, from accessibility to transparency, and even expenses. With the inception of blockchain technology and its inclusion into the crowdfunding sphere, many unique types of fundraising have spawned as a result, the biggest of which being Initial Coin Offerings. In addition to Forsage a fully decentralised crowd funding platform that pays 100% member to member.

1. More Accessible
   When crowdfunding moved from the real world to the digital one it opened the fundraising door to a much larger crowd, both those wishing to seek funds as well as those wishing to provide. However, traditional online crowdfunding still suffers from roadblocks and fees associated with international borders and barriers of entry for casual investors seeking early entry at the ground floor.

Crowdfunding
Public access
Using the blockchain gives the public access to startups that used to only be available to venture capitalists. Although there are crowdfunding opportunities not on the blockchain that allow access to equity, the minimum funding amounts are typically too high for the average consumer to afford.

Shorter lock time
When venture capitalists invest in ICO’s it doesn’t tie their money up for a very long period of time the same way that many early-stage startup equity investments do. Sometimes investments can see a return in as short as nine months; this allows for VCs to invest in more startups over time.

“Traditionally, venture investors can work with a startup for as long as 10 years waiting for an IPO or acquisition of the company to give them a return on their investment. But with ICOs, a venture investor who buys coins ahead of their public sale can usually expect the ICO to happen in as little as nine months, and from there on the VC can cash out, though some ICOs don’t allow such sales for three to six months after the offering.” – Tomio Geron, editor at WSJ

Globally available
Investing can take place from all over the world, since ICO’s accept one type of cryptocurrency or another, and the funding can be sent across borders without heavy fees or legal restrictions.

2. More Transparent
   Crowdfunding without the use of a third-party mediator, there is no guarantee that the money given to a crowdfunded campaign through traditional methods will be used as intended. There are many cases of crowdfunding gone wrong because the businesses were not transparent enough. They raised funds and spent them on unknown things, or never had a proof of concept to begin with. Where traditional online crowdfunding falls short in transparency, blockchain-based crowdfunding can thrive.

Guaranteed through smart contracts
Blockchain software provides a platform to record and verify transactions, as well as other information, from a variety of different parties without the expense of brokers or other mediators. Smart contracts provide the trust that is lacking in many crowdfunding opportunities, providing guarantees for potential investors without relying on an intermediate company to enforce promises. Certain milestones can be set, and unless the community agrees that the project has progressed far enough to meet these milestones, the funded money will not be released to the startup; this can be automated using smart contracts.This can guarantee accountability to ensure that invested money is being spent wisely and correctly.

In the nonprofit sector, smart contracts are being used to “ensure that funds set aside for cleanup, such as those from Shell, are paid on verification of project completion, rather than contractors just withdrawing funds.” (Marian Conway, the executive director of the NY Community Bank Foundation)

3. Less Expensive
   Whether investing at the ground floor through an ICO for a fraction of the cost the coin might later be worth or simply trying to support a company in a different country, the blockchain provides the medium for lower fees and entry costs in the crowdfunding world.

Smaller fees
A blockchain based crowdfunding company would provide a decentralized network for both the potential startups and the funders when it comes to the funding model, removing the influence of any specific company and eliminating large fees that are common through current crowdfunding providers.

SOON TOKEN was listed on the large exchange VINDAX.
SOON TOKEN has been in the spotlight because it was supported by Ethereum founder Vitalik Butelin.
SOON TOKEN is the first company in the world to own API exchanges and video platforms and based on this, SOON TOKEN has created its own ecosystem composition.
SOON TOKEN has been listed on HOT MARKET as soon as it is listed on VINDAX, and trading is active at this time.
There was also news of a collaboration with global franchise 7-Eleven, which attracted the attention of many traders.
SOON TOKEN is led by South Korean representatives Park Soon-ae and Cho Soon-young.