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How Telegram plays a vital role for ICO’s?

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Initial Coin Offerings of numerous projects have been taking complete advantage of Telegram, by the creation of cryptocurrency chat groups.

Realising the charisma provided by Telegram for the ICOs.

  • Social media and cryptocurrencies

As the cryptocurrency market is still in its natal stages, it is highly volatile and hence very responsive towards the news and updates by some of the most prominent figures in the Crypto industry. Hence it can be proclaimed that the cryptocurrency market, to an extent, is driven by the social media especially Telegram, as it is an effective tool connecting people all around the world in order to share their ideas and beliefs. It is no wonder that social media plays a key role in one’s personal life. It is evident from the statistics that almost 70% of the world population uses social media almost on a daily basis. Therefore the entrepreneurs can target the social media in order to propagate their business model, to reach almost all the investors around the world so that the project raises optimum amounts of funds required for the project.

 

  • Telegram

There are numerous social media websites like Facebook, Twitter, Instagram, Whatsapp and many other but Telegram stands apart from all these others due to its ethical principles. The social media tool is proven to be one of the fastest and is a privacy-focused one. Hence, it completely goes hand in hand with cryptocurrencies which is privacy-focused as well.

 

  • The private chat feature has attracted crypto projects

It is well known that some of the most popular social media websites like Facebook and Twitter are open to the public.  Hence if one needs to express his distaste in a particular project then using such open platforms might not be the right place. This is where Telegram’s private chats come into the picture where the data is hidden from the external community. It is also well known that on a number of open discussion forums, people use pseudonyms to hide their identity.

 

  • ICOs taking advantage of Telegram

Initial Coin Offerings of numerous projects have been taking complete advantage of Telegram, by specifically targeting the creation of cryptocurrency chat groups where one can openly discuss and put forth their opinion. Some of the prominent advantages that both the project members as well as investors attain, in using Telegram are.

 

  • Direct as well as spontaneous responses from the developers is possible through this. The developers, as well as crypto followers, can be more on point. All the issues related to the project can be discussed with the developer which in turn helps in improvising the project.
  • The secrecy of the conversations is maintained by the end to end encryption where even Telegram itself is not aware of the messages.
  • On a number of other prominent open discussion forums, the spotlight of discussion might tend to deviate from the topic. But in the case of Telegram, the moderators can effectively control the conversation by bringing back the subjects on the topic.

 

  • Telegram ICO controversy

It’s such an irony that Telegram’s public ICO itself was truncated due to the fact that it was already able to raise enough funds to sustain its project through the private investors. It was estimated that the project had predicted to raise only $1.2 billion ( half of which from the public investors). But According to the reports from the Securities and Exchange Commission, they were able to raise almost $1.7 billion only through two of its private investments only. Some of the professionals in the field even suggest that this was a noble move by the Telegram project members, as initiating a public Initial Coin Offering is a very cumbersome process and requires intense verification procedures. This restricted the middle-class citizens to participate in the Telegram’s public ICO. However, the provision was made available to them through Whales, as they opened up investments for the public, through them.

Buying Real Telegram Group/Channel Members through SocialBooster.Pro’s AI Technology

Any Initial Coin Offering that is hoping to compete effectively in 2018 shall be aware of the benefit of maintaining a high number of Telegram Members to attract potential investors to their project.
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Within a couple of minutes, SocialBooster.pro can give you 100% genuine focused on wire individuals for your Group/Channel using AI Technology, people who are probably going to have a level of enthusiasm for what you offer helping in developing your Initial Coin Offering at the cheapest cost.

  • Conclusion

One of the earliest platforms which were used for cryptocurrency discussions was Bitcointalk and is popular even today. Then we even have other discussion forums such as Reddit which was embraced by a number of developers and cryptocurrency enthusiasts. Followed by Twitter, which became the source of information for all the cryptocurrency updates in the field. More recently, Telegram has joined the bandwagon with large cryptocurrency groups on it.

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Cryptonex Review. Should you buy CNX token?

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CNX token is the native asset of the Cryptonex decentralized exchange and the payment protocol. The CNX token has been seen rising from time to time.

Comprehending the entire functioning of the Cryptonex protocol.

Development of payment systems as the blockchain hysteria

Many payment systems came into existence, with the inception of Bitcoin, but the only a handful of them was able to sustain the competitive edge, linked to the exponential development in the crypto space. Payment settlement systems like MoneyGram or Western Union money transfer had been dominating the financial domain before the advent of cryptocurrencies, a post which they experienced a steep downfall in their business as the Blockchain technology had incentives the entire process and had made its simple. Therefore, the potential of Blockchain technology can be experienced by its use cases and applications. Ripple is one of the most popularly used cryptocurrency payment settlement systems. Let’s read about the Cryptonex Project and its native token CNX token.

 

What is Cryptonex?

It can be considered as a decentralized exchange, which entails its payment settlement system. Initially developed by, the Investment Financial Group, which intern specializes in software development and management for various varieties of financial risks, provides a great way to improve the efficiency of the system. One of the most essential features and aim of the project was to make the crypto to Fiat and vice versa conversions seamless. Its dedicated payment cards or mobile can be made use of to accomplish nearly instant transactions with a minimal fee.

 

How does Cryptonex function?

The Blockchain based initiative is not built upon the traditional ERC20 Protocol, but incorporate it on exclusive blockchain platform for its functioning. Dum keyword incorporates the cost-effective proof of stake consensus mechanism which in turn uses the scrypt algorithm. This would indirectly increase the total supply of CNX tokens by 12% every year. To take part in the Proof of Stake mining, the users need to download the entire desktop client and keep the wallet online for as long as possible. The miners are rewarded based on the stake they hold within the system. The decentralized exchange is still under constant development. No specific details about how everything works have been shed light upon by the developers.  

 

What is CNX?

CNX token is the native asset of the decentralized exchange and the payment protocol. The CNX token has been seen rising from time to time. The CNX token reached it all-time high in January 2018, where the price of the token reached up to $9.17. According to coinmarketcap.com, the current price of the CNX token is $2.18. The CNX token was made available to the public in October 2017. The total supply of the CNX tokens is fixed and accounts to 210,000,000 tokens. The fixed total supply would mark an increase in its value, as a direct consequence of the increase in scarcity of the coin.

 

How to buy CNX token? Along with understanding the wallet capabilities

The users, however, need a desktop wallet for storage of the CNX tokens. firstly the users need to register their respective wallets with the exchange and can buy CNX through significant Cryptocurrencies like Bitcoin, Ethereum, Ripple, etc or through Fiat deposits. the cryptocurrency wallet is capable of undertaking real-time transactions based on the real-time prices as it collects the data from various reliable sources. Interestingly, the wallet also is capable of converting one cryptocurrency to another in an integrated fashion. The future of the decentralized exchange is highly futuristic, as it provides a single platform to integrate myriad types of operations.

 

Future of Cryptonex

The payment protocol and the Decentralised exchange, entails one of the most notable features which is transparency. The blockchain protocol is open source in nature and all the inside workings of the exchange are not hidden from the public. It is also to be noted that various bounty programs, as well as referral rewards, are kept aside, in the form of CNX tokens by the Cryptonex platform, so that sufficient incentives are provided to the users to keep them attached with the exchange. There is not much scope in the price surge of CNX Tokens.

 

Note: The following points are the views of the editors and may not be considered as an advice for investment in any of the digital assets such as Cryptonex or CNX. The cryptocurrency market is highly volatile and the investment in such assets is subject to market risks.

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Golem: Is it worth Investing now?

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Golem provides the means to bridge the distance between software and hardware making sure the needs of the users are met without any disruption.

We all use computers for various reasons ranging from academics, entertainment to professional usage. At the current changing technological world there are numerous professional works that require huge amount of computational work. Golem is an open sourced supercomputer aimed at solving this.

 

What is golem?

It is a supercomputer that is aimed at solving the problems faced by professionals and individuals who require huge amounts of computational load and more than one computer system to work with.

Business entities or we buy computer with specifications that satisfies our requirements. But there are various works done by professionals that require huge amount of software, hardware and of course data centres to store the data that they have worked on. Usually in occasions like this people use third party services like Google, Amazon, etc. for cloud computing. Golem aims at letting the users attain their full potential at work without the interference from any third-party services allowing the users to have decentralized supercomputer network.

 

How does Golem work?

Golem is a decentralized supercomputer platform where for example a user who is into huge animation works requires computer hardware and software to handle the graphic load and store data too without having to buy a whole new computer system, during occasions like this golem allows the user to put a request for computer parts of software or both as per their requirement onto the golem platform and golem in turn puts up this request among lenders who have their computer parts or software or both sitting idle or for sale.

This information after it reaches the lenders, they verify and validate the user who put up the request and if they see potential in the user and if it interests them then the user and the lender are allowed to have peer to peer connection. This allows the lender to rent his computer system or parts or software to the user at the price fixed and after usage the payment is made to the lender by the user in the form of cryptocurrencies, mostly being bitcoin. This way the lender can make money out of their unused or idle system and the user can complete their work without buying a whole new system too.

 

Understanding the peer to peer connection before making investment in golem

To invest in new technological trends, it is always best to first understand how it works. There are three parties involved in golem, they are the users, providers and the software developers.
When the user puts up their request for computers or parts of software, this request is sent to the lenders (computer providers) and if the lender accepts, then this request is accepted and sent to the golem infrastructure in terms of hardware and after the software developer accepts this request to use their software, the request is sent to the golem application platform where the hardware and the software required by the user is put together and sent to the user for their use.

After usage, payment is made to the provider and the software developer by the means of cryptocurrencies through golem network tokens in the form of bitcoins.

 

What do you need to have before using golem?

Just a system with a downloaded golem software platform and some cryptocurrencies to transfer.

 

Is Golem promising for investment?

Currently the world is evolving at a rate where the technological opportunities is higher than the rate at which the human race is adapting to it. The software is leading the hardware capacity. Software programs that are being built to make life easier, better and more entertaining are developed at such an efficiency that the hardware systems are not being effective or sufficient enough.

Golem provides the means to bridge the distance between software and hardware making sure the needs of the users are met without any disruption or any third-party involvement by providing a direct peer-peer connection.

The opportunities that lie for golem in the fields of information technology or data centres or artificial intelligence or machine learning, etc. is huge as all these works require huge computational power and golem provides the platform to satisfy this need without any huge expense from the user’s pocket and also simultaneously allowing the lender to make money out of their unused or idle systems.

Currently the gap between software and hardware are being met but at a very slow rate thus making the work completion delay too for the users. In the future if there is no solution to bridge this gap faster, it would result in increase of the gap making all software programs not reaching their full potential thus increasing the latency time of human race to reach their full potential in evolving their skills too. If you are looking for an opportunity to invest in technological platform that makes life faster for the better and more entertaining, I would say investing in golem is the smart choice to invest for a better future.

 

Note: All cryptocurrency investments are very risky and this article does not provide, in an form, an investment advise. It is solely the opinion of the writer and you are required to do your own research before investing in any cryptocurrency.

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Blockonix BDT Token: Listed on LAToken Exchange

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The native Blockonix Token (BDT) is now trading on LAToken exchange in BDT/ETH and BDT/BTC pairs. LAToken confirmed the same with a tweet on September 18th.

BDT Token now trading on LAToken Exchange

The native Blockonix Token (BDT) is now trading on LAToken exchange in BDT/ETH and BDT/BTC pairs.

LAToken confirmed the same with a tweet on September 18th.

The BDT Token

BDT Token is one such cryptocurrency token which can be considered worth investing in, as it is the native token of the most decentralized and secure blockchain exchange in the crypto domain, Blockonix. The decentralized cryptocurrency exchange predominantly is vested with the trading of the hundreds of Ethereum based tokens, with a very nominal fee of about 0.1%. The transaction fees are collected in the form of Ether and which are in turn exchanged with the BDT Tokens, the resulting BDT Tokens are then permanently destroyed, by sending them to a burn address. This would automatically create a scarcity of the BDT Tokens which would indirectly result in the increase in its value.

 

Further advantages of BDT Tokens

In addition to the very low transaction fee, an added advantage is availed by the users, if they choose to use the native BDT Tokens in order to undertake the trading operations on Blockonix. 70% discount will be offered on the transaction fees. It is worth noting down that the fees, that would be collected would, in turn, be utilized for the development of the community and the blockchain platform and not for a lavish personal use. The low transaction fees are enough to maintain the system, as security is incorporated intelligently through its decentralized nature. BDT Tokens are highly popular and are in demand, and is to be listed on some of the major cryptocurrency exchanges across the world.

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