Our upcoming ask me anything session will be with Harmony!
The AMA will take place on June 16th, 2019 from 15:30 to 16:30 UTC in our Chat Room. Add the event to your calendar and make sure you prepare your questions beforehand.
This AMA will give you the opportunity to connect with Harmony's team who will answer your questions and listen to your feedback.
-----------------------------------------------
🕞 COUNTDOWN 🕞
The AMA will take place in our Chat Room: @cryptocaliburchat
The AMA will take place on June 16th, 2019 from 15:30 to 16:30 UTC in our Chat Room. Add the event to your calendar and make sure you prepare your questions beforehand.
This AMA will give you the opportunity to connect with Harmony's team who will answer your questions and listen to your feedback.
-----------------------------------------------
🕞 COUNTDOWN 🕞
The AMA will take place in our Chat Room: @cryptocaliburchat
Hello Everyone!
Welcome to the first instalment of the CryptoCalibur Newsletter. We plan to keep you updated with all the latest developments in the space, and provide you with news covering ICOs/IEOS, established projects, regulatory bodies, and the general emergence of Distributed Ledger Technology in the world of enterprise and commerce.
We also have a few things in the pipeline and will be unveiling a series of new features over the next few weeks.
In addition to our new features, our old favourites will still be found on our site, and we continue to push for high standards, and bring you in depth project reviews, well measured analyses, and AMAs that bring a personal touch to your own due diligence process.
Be sure to keep an eye on our weekly newsletter and follow us across our various social media channels.
Stay Blessed!
The CryptoCalibur Team
Welcome to the first instalment of the CryptoCalibur Newsletter. We plan to keep you updated with all the latest developments in the space, and provide you with news covering ICOs/IEOS, established projects, regulatory bodies, and the general emergence of Distributed Ledger Technology in the world of enterprise and commerce.
We also have a few things in the pipeline and will be unveiling a series of new features over the next few weeks.
In addition to our new features, our old favourites will still be found on our site, and we continue to push for high standards, and bring you in depth project reviews, well measured analyses, and AMAs that bring a personal touch to your own due diligence process.
Be sure to keep an eye on our weekly newsletter and follow us across our various social media channels.
Stay Blessed!
The CryptoCalibur Team
🗞 Insider Newsletter #1 | June 15th, 2019 🗞
Over the past week the total market capitalization has been steadily increasing, making a 5.8% increase. Bitcoin (BTC) has been sustaining above the 20-day EMA for the past two days, which is a positive sign. It is anticipated that the bulls will try to carry the price to recent highs of $9,000. A breakout of this resistance can potentially shoot Bitcoin to $10,000. Ethereum (ETH) has also been holding strong with its price fluctuating above $230. Breaking past $280 will start a new uptrend. There are currently two main supply and demand levels that the price might react to. The first key supply is the level that we’re currently in. It was the last level formed before the market structure broke. If the price gets rejected from here, it is probable to retest the demand at around $7900-$8000. Continuation
In The Spotlight
🇪🇺 Coinbase takes the Eurail; expands crypto-debit card services to six more European countries
🤔 Project Libra: What We Know About Facebook’s Forthcoming Cryptocurrency
✅ Bakkt COO Says User Acceptance Tests Initiate on July 22
💳 Visa Goes Live With Blockchain-Powered Business Payments Service
🤝 Legal & General Partners With Amazon to Use Blockchain for Pension Deals
🚫 Binance begins to restrict U.S. users ahead of regulatory-compliant exchange launch
🏛 G20 Reaffirms It Will Apply Expected Tough New FATF Rules on Crypto
💬 New Report Reveals Details of Telegram’s TON Blockchain
Binance Repositions to Ward Off Regulators
The past seven days have proved to be as eventful as ever, and after last week’s G20 Summit in Osaka, the spectre of impending regulations looms in the air as we near the June 21 deadline for the implementation of the Financial Action Task Force’s (FATF) Interpretive Notes on virtual currency standards. The guidelines push for thorough know your customer (KYC) and anti-money laundering (AML) methods to be adopted which will severely impact the operations of crypto exchanges in various jurisdictions. Despite the possibility of more restrictive regulations, it’s clear that it is already too late to regulate the peer to peer transfer of digital assets, and while centralized exchanges will not be so resilient, any clamp down will just push current exchange users to more decentralized options.
Almost right on cue, Binance announced its decision to block US citizens from trading on its main exchange site, and followed Bitfinex and Bittrex in withdrawing services from individuals based in the US. Interestingly, CZ soon followed up with the revelation that Binance plans to open a legally compliant US branch, after partnering with BAM Trading. As a result, we can see that as increased regulatory involvement continues stakeholders in the space will need to remain fluid in order to remain on top.
CryptoCalibur Weekly Wrap-Up
✅ Dapp.com In-Depth Review | Scored 79%
🔥 Ferrum Network In-Depth Review | Scored 82% (Entered Top 10)
📢 Had MediLOT over in our Chat Room for an AMA session | Recap
😍 Upcoming AMA with Harmony in our Chat Room | On June 16th from 15:30 UTC
Over the past week the total market capitalization has been steadily increasing, making a 5.8% increase. Bitcoin (BTC) has been sustaining above the 20-day EMA for the past two days, which is a positive sign. It is anticipated that the bulls will try to carry the price to recent highs of $9,000. A breakout of this resistance can potentially shoot Bitcoin to $10,000. Ethereum (ETH) has also been holding strong with its price fluctuating above $230. Breaking past $280 will start a new uptrend. There are currently two main supply and demand levels that the price might react to. The first key supply is the level that we’re currently in. It was the last level formed before the market structure broke. If the price gets rejected from here, it is probable to retest the demand at around $7900-$8000. Continuation
In The Spotlight
🇪🇺 Coinbase takes the Eurail; expands crypto-debit card services to six more European countries
🤔 Project Libra: What We Know About Facebook’s Forthcoming Cryptocurrency
✅ Bakkt COO Says User Acceptance Tests Initiate on July 22
💳 Visa Goes Live With Blockchain-Powered Business Payments Service
🤝 Legal & General Partners With Amazon to Use Blockchain for Pension Deals
🚫 Binance begins to restrict U.S. users ahead of regulatory-compliant exchange launch
🏛 G20 Reaffirms It Will Apply Expected Tough New FATF Rules on Crypto
💬 New Report Reveals Details of Telegram’s TON Blockchain
Binance Repositions to Ward Off Regulators
The past seven days have proved to be as eventful as ever, and after last week’s G20 Summit in Osaka, the spectre of impending regulations looms in the air as we near the June 21 deadline for the implementation of the Financial Action Task Force’s (FATF) Interpretive Notes on virtual currency standards. The guidelines push for thorough know your customer (KYC) and anti-money laundering (AML) methods to be adopted which will severely impact the operations of crypto exchanges in various jurisdictions. Despite the possibility of more restrictive regulations, it’s clear that it is already too late to regulate the peer to peer transfer of digital assets, and while centralized exchanges will not be so resilient, any clamp down will just push current exchange users to more decentralized options.
Almost right on cue, Binance announced its decision to block US citizens from trading on its main exchange site, and followed Bitfinex and Bittrex in withdrawing services from individuals based in the US. Interestingly, CZ soon followed up with the revelation that Binance plans to open a legally compliant US branch, after partnering with BAM Trading. As a result, we can see that as increased regulatory involvement continues stakeholders in the space will need to remain fluid in order to remain on top.
CryptoCalibur Weekly Wrap-Up
✅ Dapp.com In-Depth Review | Scored 79%
🔥 Ferrum Network In-Depth Review | Scored 82% (Entered Top 10)
📢 Had MediLOT over in our Chat Room for an AMA session | Recap
😍 Upcoming AMA with Harmony in our Chat Room | On June 16th from 15:30 UTC
CryptoCalibur
Insider Newsletter #1 | June 15th, 2019 | CryptoCalibur
Stay updated with all the latest developments in the crypto space. We provide you with news covering ICOs/IEOS, the emergence of Distributed Ledger Technology
Facebook’s Libra Coin : Open vs Closed Battle v4.0
Full Article: https://cryptocalibur.com/facebook-libra-coin/
Technology has often progressed upon a series of advancements that boil down to one question. Open versus Closed?
Great fortunes have been won, and lost, in each of several past revolutions. Winners between the two approaches have been mixed, but generally favour the Open. Facebook’s Libra Coin opens a new front in this classic battle. Their actions over the next several years, versus the actions of Bitcoin, Square, and others, will define the direction of finance for the foreseeable future.
Who will win? Don’t bet against Open tech.
Where do you stand? Don't forget to follow us on Twitter
Full Article: https://cryptocalibur.com/facebook-libra-coin/
Technology has often progressed upon a series of advancements that boil down to one question. Open versus Closed?
Great fortunes have been won, and lost, in each of several past revolutions. Winners between the two approaches have been mixed, but generally favour the Open. Facebook’s Libra Coin opens a new front in this classic battle. Their actions over the next several years, versus the actions of Bitcoin, Square, and others, will define the direction of finance for the foreseeable future.
Who will win? Don’t bet against Open tech.
Where do you stand? Don't forget to follow us on Twitter
Together with Ferrum Network we have decided that it is better to postpone the AMA to a later date in July. This will coincide with a big announcement Ferrum will make, hence giving you the opportunity to ask more questions.
Expect big announcements from Ferrum's team to come out in July 🤩
Expect big announcements from Ferrum's team to come out in July 🤩
🗞 Insider Newsletter #2 | June 23rd, 2019 🗞
In a downtrend, the rule of thumb is to seek shorts on key levels of supply/resistance and to target swing lows. That’s because supports flip into resistances in a bear market. By contrast, in an uptrend we should be looking to long important demand/support zones and target swing highs. It’s the other way around in a bull market: resistances will flip and act as supports.
Let's start this week’s market analysis with identifying possible demand zones, then search for logical take profit areas. Looking at the structure the market has respected until now, all the important swing highs have been retested after breaking them. We have two unfulfilled retests right now: one at $8,487 and the other at $9,970. Read more...
In The Spotlight
🌐 Libra: Facebook launches cryptocurrency in bid to shake up global finance
🌍 BIGGER THAN RUSSIA – Bitcoin now 8th largest world currency
👏 IBM Announces New Multicloud Update to Blockchain
⚖️ PwC Unveils New Tool for Auditing Crypto Transactions
🤑 Algorand raises over $60M in token sale at an implied valuation of $24B
🇮🇹 Italy’s Banking Sector Will Boost Reconciliations With Blockchain
💻 Ethereum Devs Approve First Code Changes for ‘Istanbul’ Hard Fork
❗️ All Global Crypto Exchanges Must Now Share Customer Data, FATF Rules
Libra: A New Beginning for Facebook?
In the midst of the current regulatory battle with the release of the FATF regulatory guidelines on data reports by VATS (virtual asset service provider), and the looming prospects of the G20 summit, the push for unifying the vision on virtual currency standards across multiple jurisdictions continues as more and more entities enter the blockchain space. The latest entrant is Facebook, with its blockchain project Libra, seeking to create a peer-to-peer global economy that can scale to their 2.4B users. The release of the Libra Network will have a tremendous effect on adoption, as tech giants such as Facebook act as a vetting mechanism for those who might have been wary of the whole cryptocurrency space. Even though the news about the project still hasn't passed the 1 week mark, the project has already received a lot of criticism, from both the crypto community and traditional media, culminating with the recent statements of several officials concerning the privacy aspects of the Libra Network. It is too early to assess what impact the project will have, but one thing is clear, people haven’t forgotten the privacy scandals around Facebook and each step would be closely monitored by regulatory bodies that will make sure it will be compliant, especially with the new standards proposed.
On another note, the project took a surprising step towards openness, as the team has made publicly available all the documentation, even made their code open source and released an official wallet for the Libra Network. This might seem as a step towards redemption, but we can’t deny the sheer effort that has been assembled into the project and the contribution from the cryptocurrency space as some parts of the project (such as the consensus mechanism) are derived from open academic research.
CryptoCalibur Weekly Wrap-Up
📢 Had Harmony over in our Chat Room for an AMA session | Recap
🔥 Facebook’s Libra Coin: Open vs Closed Battle v4.0 | Article
😍 Upcoming AMA with Cubiex in our Chat Room | On June 25th from 15:00 UTC
😍 Upcoming AMA with DeepCloud AI in our Chat Room | On June 29th from 11:00 UTC
😍 Upcoming AMA with Dusk Network in our Chat Room | On June 30th from 15:00 UTC
In a downtrend, the rule of thumb is to seek shorts on key levels of supply/resistance and to target swing lows. That’s because supports flip into resistances in a bear market. By contrast, in an uptrend we should be looking to long important demand/support zones and target swing highs. It’s the other way around in a bull market: resistances will flip and act as supports.
Let's start this week’s market analysis with identifying possible demand zones, then search for logical take profit areas. Looking at the structure the market has respected until now, all the important swing highs have been retested after breaking them. We have two unfulfilled retests right now: one at $8,487 and the other at $9,970. Read more...
In The Spotlight
🌐 Libra: Facebook launches cryptocurrency in bid to shake up global finance
🌍 BIGGER THAN RUSSIA – Bitcoin now 8th largest world currency
👏 IBM Announces New Multicloud Update to Blockchain
⚖️ PwC Unveils New Tool for Auditing Crypto Transactions
🤑 Algorand raises over $60M in token sale at an implied valuation of $24B
🇮🇹 Italy’s Banking Sector Will Boost Reconciliations With Blockchain
💻 Ethereum Devs Approve First Code Changes for ‘Istanbul’ Hard Fork
❗️ All Global Crypto Exchanges Must Now Share Customer Data, FATF Rules
Libra: A New Beginning for Facebook?
In the midst of the current regulatory battle with the release of the FATF regulatory guidelines on data reports by VATS (virtual asset service provider), and the looming prospects of the G20 summit, the push for unifying the vision on virtual currency standards across multiple jurisdictions continues as more and more entities enter the blockchain space. The latest entrant is Facebook, with its blockchain project Libra, seeking to create a peer-to-peer global economy that can scale to their 2.4B users. The release of the Libra Network will have a tremendous effect on adoption, as tech giants such as Facebook act as a vetting mechanism for those who might have been wary of the whole cryptocurrency space. Even though the news about the project still hasn't passed the 1 week mark, the project has already received a lot of criticism, from both the crypto community and traditional media, culminating with the recent statements of several officials concerning the privacy aspects of the Libra Network. It is too early to assess what impact the project will have, but one thing is clear, people haven’t forgotten the privacy scandals around Facebook and each step would be closely monitored by regulatory bodies that will make sure it will be compliant, especially with the new standards proposed.
On another note, the project took a surprising step towards openness, as the team has made publicly available all the documentation, even made their code open source and released an official wallet for the Libra Network. This might seem as a step towards redemption, but we can’t deny the sheer effort that has been assembled into the project and the contribution from the cryptocurrency space as some parts of the project (such as the consensus mechanism) are derived from open academic research.
CryptoCalibur Weekly Wrap-Up
📢 Had Harmony over in our Chat Room for an AMA session | Recap
🔥 Facebook’s Libra Coin: Open vs Closed Battle v4.0 | Article
😍 Upcoming AMA with Cubiex in our Chat Room | On June 25th from 15:00 UTC
😍 Upcoming AMA with DeepCloud AI in our Chat Room | On June 29th from 11:00 UTC
😍 Upcoming AMA with Dusk Network in our Chat Room | On June 30th from 15:00 UTC
Our upcoming ask me anything session will be with Cubiex!
The AMA will take place on June 25th, 2019 from 15:00 to 16:00 UTC in our Chat Room. Add the event to your calendar and make sure you prepare your questions beforehand.
This AMA will give you the opportunity to connect with Cubiex's team who will answer your questions and listen to your feedback.
-----------------------------------------------
🕞 COUNTDOWN 🕞
The AMA will take place in our Chat Room: @cryptocaliburchat
The AMA will take place on June 25th, 2019 from 15:00 to 16:00 UTC in our Chat Room. Add the event to your calendar and make sure you prepare your questions beforehand.
This AMA will give you the opportunity to connect with Cubiex's team who will answer your questions and listen to your feedback.
-----------------------------------------------
🕞 COUNTDOWN 🕞
The AMA will take place in our Chat Room: @cryptocaliburchat
📈 Prometeus In-Depth Review & Rating is online!
▶️ Read the full review at the following link: https://bit.ly/2J5wV2H
Prometeus Network is a secure and decentralized blockchain infrastructure for personal data markets, enriched with artificial intelligence driven analytics platform for influencer marketing. Prometeus overcomes the current real-world barriers in data brokerage and provides its customers with in-depth insights into demographic & psychographic data of social media influencers and their audiences and serves as an infrastructure for gathering, validating, processing, enriching, and selling people-owned data.
The platform is built on a censorship-resistant and encrypted data storage model and it provides a GDPR-compliant working system of incentives to network members for providing and updating data, rewarding the data owners for every access to their data.
✅ Review Rating ✅
Product | 75%
Use of Blockchain | 95%
Documentation | 70%
Development Roadmap | 75%
Business Model | 75%
Company & Team | 76%
Token Sale | 85%
Final Rating | 79%
Prometeus is still flying under the radar for many of us even if they finished all their fundraising. It’s a unique project in its niche and can expand their platform to cover other sectors at some point in their development. On top of this, the two AI-driven algorithms developed and used by the company will provide an edge over their competition in both blockchain and non-blockchain space. Their team is relatively strong and we believe they have all the chances to achieve all the planned milestones from their roadmap.
The token utility is also quite interesting and comes with a few usability-incentives that are not “forced” onto the token in order to raise funds. Furthermore, the private sale terms do not differ much from the crowdsale and the team have been transparent in all aspects.
▶️ Read the full review at the following link: https://bit.ly/2J5wV2H
Prometeus Network is a secure and decentralized blockchain infrastructure for personal data markets, enriched with artificial intelligence driven analytics platform for influencer marketing. Prometeus overcomes the current real-world barriers in data brokerage and provides its customers with in-depth insights into demographic & psychographic data of social media influencers and their audiences and serves as an infrastructure for gathering, validating, processing, enriching, and selling people-owned data.
The platform is built on a censorship-resistant and encrypted data storage model and it provides a GDPR-compliant working system of incentives to network members for providing and updating data, rewarding the data owners for every access to their data.
✅ Review Rating ✅
Product | 75%
Use of Blockchain | 95%
Documentation | 70%
Development Roadmap | 75%
Business Model | 75%
Company & Team | 76%
Token Sale | 85%
Final Rating | 79%
Prometeus is still flying under the radar for many of us even if they finished all their fundraising. It’s a unique project in its niche and can expand their platform to cover other sectors at some point in their development. On top of this, the two AI-driven algorithms developed and used by the company will provide an edge over their competition in both blockchain and non-blockchain space. Their team is relatively strong and we believe they have all the chances to achieve all the planned milestones from their roadmap.
The token utility is also quite interesting and comes with a few usability-incentives that are not “forced” onto the token in order to raise funds. Furthermore, the private sale terms do not differ much from the crowdsale and the team have been transparent in all aspects.
📢 Cubiex AMA will begin in 2 hours! Stay tuned and prepare your questions
📈 Raven Protocol In-Depth Review & Rating is online!
▶️ Read the full review at the following link: http://tiny.cc/z75x8y
Raven Protocol aims to bring a democratic and crowd-sourced infrastructure to the world of Artificial Intelligence (AI) and Machine Learning (ML) that effectively trains deep neural networks. Raven acts as a decentralized and distributed deep-learning training protocol which provides both time and cost efficient training of deep neural networks by utilizing the idle compute resources of users on the network. The team aim to disrupt the sector by placing control of both AI and ML in the hands of the greater community and eat into the market dominance currently displayed by large centralised operators such as Amazon, Facebook, and Google.
Raven also focuses on compute resources to speed up AI training, and its foundational layer allows machine learning algorithms to interact with massive datasets which results in more efficient AI training models.
✅ Review Rating ✅
Product | 80%
Use of Blockchain | 100%
Documentation | 80%
Development Roadmap | 75%
Business Model | 75%
Company & Team | 75%
Token Sale | 85%
Final Rating | 81%
While almost all blockchain projects set out to be disruptive, Raven Protocol is operating in one of the more niche sectors of the blockchain economy. However, AI and ML are emerging and lucrative market segments that are expected to grow significantly in importance and value over the coming years. In addition, while there are a number of projects dealing in AI, ML, and/or distributed computing Raven doesn’t have a large number of competing projects that are trying to present exactly the same solutions. The team is also filled with specialists and all four team members are co-founders at either Rocco AI or Mate Labs which handle AI powered social media solutions and ML integrated solutions for non developers. The Raven team and Sherman Lee in particular are quite well regarded despite their relative youth.
However, while the team have already forged working relationships at Rocco AI and Mate Labs, it is still extremely small with just four members working in a distributed manner. As Raven will be operating a traditional IaaS (Infrastructure as a Service) business they will have to go up against Amazon AWS and Google’s Cloud services and develop a viable cheap alternative that they must market aggressively to stay alive. The team have a healthy amount of time to develop their user base as their private beta launch is set for Q1 of 2020, with the public beta launch scheduled to take place in Q2 of 2020. This is a while away and will also leave the Raven token open to pure speculation until next year, and the team are still to confirm when their mainnet could launch.
As a result, it’s still early days for Raven and the project needs to develop in a variety of ways over the next six to nine months. Team expansion, ecosystem and user base development are all a must, however, the talented team, VC presence, and sensible valuation of just $1.25m should help to buy the project some time in the eyes of the community. As ever, the Raven token could fluctuate with the ebbs and flows of speculation in the short term, while more long term supporters should keep an eye on how the team progress over the year.
▶️ Read the full review at the following link: http://tiny.cc/z75x8y
Raven Protocol aims to bring a democratic and crowd-sourced infrastructure to the world of Artificial Intelligence (AI) and Machine Learning (ML) that effectively trains deep neural networks. Raven acts as a decentralized and distributed deep-learning training protocol which provides both time and cost efficient training of deep neural networks by utilizing the idle compute resources of users on the network. The team aim to disrupt the sector by placing control of both AI and ML in the hands of the greater community and eat into the market dominance currently displayed by large centralised operators such as Amazon, Facebook, and Google.
Raven also focuses on compute resources to speed up AI training, and its foundational layer allows machine learning algorithms to interact with massive datasets which results in more efficient AI training models.
✅ Review Rating ✅
Product | 80%
Use of Blockchain | 100%
Documentation | 80%
Development Roadmap | 75%
Business Model | 75%
Company & Team | 75%
Token Sale | 85%
Final Rating | 81%
While almost all blockchain projects set out to be disruptive, Raven Protocol is operating in one of the more niche sectors of the blockchain economy. However, AI and ML are emerging and lucrative market segments that are expected to grow significantly in importance and value over the coming years. In addition, while there are a number of projects dealing in AI, ML, and/or distributed computing Raven doesn’t have a large number of competing projects that are trying to present exactly the same solutions. The team is also filled with specialists and all four team members are co-founders at either Rocco AI or Mate Labs which handle AI powered social media solutions and ML integrated solutions for non developers. The Raven team and Sherman Lee in particular are quite well regarded despite their relative youth.
However, while the team have already forged working relationships at Rocco AI and Mate Labs, it is still extremely small with just four members working in a distributed manner. As Raven will be operating a traditional IaaS (Infrastructure as a Service) business they will have to go up against Amazon AWS and Google’s Cloud services and develop a viable cheap alternative that they must market aggressively to stay alive. The team have a healthy amount of time to develop their user base as their private beta launch is set for Q1 of 2020, with the public beta launch scheduled to take place in Q2 of 2020. This is a while away and will also leave the Raven token open to pure speculation until next year, and the team are still to confirm when their mainnet could launch.
As a result, it’s still early days for Raven and the project needs to develop in a variety of ways over the next six to nine months. Team expansion, ecosystem and user base development are all a must, however, the talented team, VC presence, and sensible valuation of just $1.25m should help to buy the project some time in the eyes of the community. As ever, the Raven token could fluctuate with the ebbs and flows of speculation in the short term, while more long term supporters should keep an eye on how the team progress over the year.
CryptoCalibur
Review of Raven Protocol: Decentralized Deep-Learning Training Protocol
Raven Protocol aims to bring a democratic and crowd-sourced infrastructure to the world of Artificial Intelligence (AI) and Machine Learning (ML)...
Upcoming ask me anything session with Dusk Network!
The AMA will take place on June 30th, 2019 from 15:00 to 16:00 UTC in our Chat Room. Add the event to your calendar and make sure you prepare your questions beforehand.
This AMA will give you the opportunity to connect with Dusk Network’s team who will answer your questions and listen to your feedback.
-----------------------------------------------
🕞 COUNTDOWN 🕞
The AMA will take place in our Chat Room: @cryptocaliburchat
The AMA will take place on June 30th, 2019 from 15:00 to 16:00 UTC in our Chat Room. Add the event to your calendar and make sure you prepare your questions beforehand.
This AMA will give you the opportunity to connect with Dusk Network’s team who will answer your questions and listen to your feedback.
-----------------------------------------------
🕞 COUNTDOWN 🕞
The AMA will take place in our Chat Room: @cryptocaliburchat
📢 Dusk Network AMA will begin in 2 hours! Stay tuned and prepare your questions
🗞 Insider Newsletter #3 | June 30th, 2019 🗞
In our previous newsletter, we highlighted areas for taking profits on BTC in expectation of a correction. Right after hitting the $13,008 swing high from January 2018 we immediately closed the daily below it and posted a swing failure pattern which drove the price down about 20%.
Let’s analyze a fractal from the end of the last bear market in 2015, and see if we can get any correlation between what’s happening now and what happened back then. Read more...
In The Spotlight
💳 Amazon-Owned Twitch Quietly Brings Back Bitcoin Payments
🇮🇳 India: Another Crypto Exchange Closes Due to Regulatory Pressure
🏦 Goldman Sachs Explores Creating a Digital Coin Like JPMorgan’s
💰 Ethereum Co-Founder’s Polkadot Closes Token Sale, Claims $1.2 Billion Valuation
✅ CFTC Approves LedgerX to Settle Futures in Real Bitcoin
⚠️ Hackers Spoof Blockchain.com and Steal Millions in Crypto
🐳 Billionaire Investor Henry Kravis Makes First Crypto Investment
With Bitcoin continuing its uptrend, the wind of growth has once again placed the crypto-space into the spotlight, but this time a different light has shined. With the last growth period incorporating a significant push from the retail standpoint, this time it seems like institutional players are stepping into the space, driving not only a growth to over $300 billion in total market cap, but also attracting a number of solutions that focus on bringing the much needed adoption, with tech giants such as Facebook launching their own cryptocurrency network to act as a global payment solution. Others such as Square are taking a more bold approach by developing their own network, Square Crypto, on top of Bitcoin and even solutions derived within the space such as the novel xDai project that has taken the adoption scene recently, by leveraging the powerful MakerDAO protocol and the Dai stablecoin for payments, have harnessed a lot of attention.
The regulators have been quick to take note and with the recently released official statements that have opposed the Libra network and the FATF decision regarding data handling by exchanges, points to a clear direction from official direction to halt this recent boom, as a desperate measure to content the phenomenon until a clear set of global guidelines and regulations can be developed.
Not wanting to step on the sidelines and wait for the regulatory bodies, big financial institutions such as JP Morgan and recently Goldman Sachs, who have disregarded cryptocurrencies as mere Internet money, have stepped to build their own networks with stablecoins and to foster yet another round of adoption towards the space.
While the battle unfolds, EU banks have forged a backup plan to launch an instant cross payment system to counteract the recent threat that blockchain networks with a large user pool such as Facebook’s Libra might pose. The plan is to implement this by 2020, along the same deadline as the competitors, but it remains to be seen if the effort will be enough to overcome the recent boom.
For now it seems the adoption phase that has just unfolded, is here to stay, along with the efforts of institutions to create borderless payment systems for the new decentralized economy.
CryptoCalibur Weekly Wrap-Up
📢 Had Cubiex over in our Chat Room for an AMA session | Recap
😍 Prometeus In-Depth Review | Scored 79%
🔥 Raven Network In-Depth Review | Scored 81%
In our previous newsletter, we highlighted areas for taking profits on BTC in expectation of a correction. Right after hitting the $13,008 swing high from January 2018 we immediately closed the daily below it and posted a swing failure pattern which drove the price down about 20%.
Let’s analyze a fractal from the end of the last bear market in 2015, and see if we can get any correlation between what’s happening now and what happened back then. Read more...
In The Spotlight
💳 Amazon-Owned Twitch Quietly Brings Back Bitcoin Payments
🇮🇳 India: Another Crypto Exchange Closes Due to Regulatory Pressure
🏦 Goldman Sachs Explores Creating a Digital Coin Like JPMorgan’s
💰 Ethereum Co-Founder’s Polkadot Closes Token Sale, Claims $1.2 Billion Valuation
✅ CFTC Approves LedgerX to Settle Futures in Real Bitcoin
⚠️ Hackers Spoof Blockchain.com and Steal Millions in Crypto
🐳 Billionaire Investor Henry Kravis Makes First Crypto Investment
With Bitcoin continuing its uptrend, the wind of growth has once again placed the crypto-space into the spotlight, but this time a different light has shined. With the last growth period incorporating a significant push from the retail standpoint, this time it seems like institutional players are stepping into the space, driving not only a growth to over $300 billion in total market cap, but also attracting a number of solutions that focus on bringing the much needed adoption, with tech giants such as Facebook launching their own cryptocurrency network to act as a global payment solution. Others such as Square are taking a more bold approach by developing their own network, Square Crypto, on top of Bitcoin and even solutions derived within the space such as the novel xDai project that has taken the adoption scene recently, by leveraging the powerful MakerDAO protocol and the Dai stablecoin for payments, have harnessed a lot of attention.
The regulators have been quick to take note and with the recently released official statements that have opposed the Libra network and the FATF decision regarding data handling by exchanges, points to a clear direction from official direction to halt this recent boom, as a desperate measure to content the phenomenon until a clear set of global guidelines and regulations can be developed.
Not wanting to step on the sidelines and wait for the regulatory bodies, big financial institutions such as JP Morgan and recently Goldman Sachs, who have disregarded cryptocurrencies as mere Internet money, have stepped to build their own networks with stablecoins and to foster yet another round of adoption towards the space.
While the battle unfolds, EU banks have forged a backup plan to launch an instant cross payment system to counteract the recent threat that blockchain networks with a large user pool such as Facebook’s Libra might pose. The plan is to implement this by 2020, along the same deadline as the competitors, but it remains to be seen if the effort will be enough to overcome the recent boom.
For now it seems the adoption phase that has just unfolded, is here to stay, along with the efforts of institutions to create borderless payment systems for the new decentralized economy.
CryptoCalibur Weekly Wrap-Up
📢 Had Cubiex over in our Chat Room for an AMA session | Recap
😍 Prometeus In-Depth Review | Scored 79%
🔥 Raven Network In-Depth Review | Scored 81%
Recap of the Dusk Network AMA Session from the 30th of June, 2019
Stay informed!
➡️ Click for Recap ⬅️
Stay informed!
➡️ Click for Recap ⬅️
🔴 NEW PROJECT ON OUR RADAR 🔴
https://ftx.com
Telegram: ?
CryptoCalibur Interest Level: 🔥 HIGH 🔥
Listing: July 29th, 2019 (FTX is planning to list FTT around $0.65 to $0.90, depending on market conditions. Exploring FTT listings on other exchanges too.)
- For Those Interested to Invest -
FTX is a crypto derivatives exchange that offers Futures, Leveraged Tokens, and OTC. Developed by Alameda Research (one of the largest crypto market makers and liquidity providers in the space), FTX is an exchange built by traders, for traders. The team pledges to build the best derivatives exchange by 1) addressing the largest pain points of top futures exchanges (system overloads, clawbacks, lack of liquidity, and poorly designed products), 2) innovating new products to realize the evolving needs of the market and 3) rapidly implementing feedback from our community.
Token Utility (ERC20)
▪️ 1/3 of fees used to burn supply until 50% reduction
▪️ Used for Collateral - creates a lock-up that grows w/adoption
▪️ Discount on fees for holders
▪️ OTC rebates for large holders
▪️ OTC fee burn - reduces supply (this one is not stated as limited like the first burn line)
▪️ Income - profit share of money made on their insurance fund
▪️ Future - future utility is promised, but mostly undefined
Future Growth
▪️ Prediction markets
▪️ Mobile apps
▪️ Options
▪️ OTC derivatives
▪️ Spot and margin exchange
▪️ FTX has a good plan and path for growth. They have been approached for institutional partnerships and purchase, and have turned these down.
What We Like
✅ Wants to be a better BitMex, institutional grade; more liquidity than OKEx and BitMEX (except for the BitMex BTC perp)
✅ High experience team - traders, from wall street and tech industry
✅ Working product, with high liquidity, already trading $100M per day
✅ Team saw problems, asked for solutions from industry, got no action, decided to build their own
✅ Backed by Alameda Research crypto trading firm (trades $600M+ per day)
✅ Working OTC @ $30M daily volume from word-of-mouth; comprehensive and intuitive UI + API built for large volume accounts
✅ Will integrate this OTC into FTX futures exchange
✅ Strategy to end Clawbacks (socialized losses from leverage) with better system and insurance approach
✅ All trading flows through centralized collateral pool via universal stablecoin settlement. eg - one universal margin wallet
✅ A Big Idea - Leveraged Tokens
✅ Provide +/- 3x leveraged ERC20 tokens, very similar to what is found in traditional Stock Market
✅ Has a -1x USDT token for tether hedging - an excellent/needed product
✅ Development - claim fast development reactionary skills, can add multiple features per day
✅ Partnerships with TUSD and USDC, gives them ability to trade USD-><-to-><-stablecoin in size
This is not sponsored nor paid content. If we find a relatively under the radar project that we believe has potential we post about it.
https://ftx.com
Telegram: ?
CryptoCalibur Interest Level: 🔥 HIGH 🔥
Listing: July 29th, 2019 (FTX is planning to list FTT around $0.65 to $0.90, depending on market conditions. Exploring FTT listings on other exchanges too.)
- For Those Interested to Invest -
FTX is a crypto derivatives exchange that offers Futures, Leveraged Tokens, and OTC. Developed by Alameda Research (one of the largest crypto market makers and liquidity providers in the space), FTX is an exchange built by traders, for traders. The team pledges to build the best derivatives exchange by 1) addressing the largest pain points of top futures exchanges (system overloads, clawbacks, lack of liquidity, and poorly designed products), 2) innovating new products to realize the evolving needs of the market and 3) rapidly implementing feedback from our community.
Token Utility (ERC20)
▪️ 1/3 of fees used to burn supply until 50% reduction
▪️ Used for Collateral - creates a lock-up that grows w/adoption
▪️ Discount on fees for holders
▪️ OTC rebates for large holders
▪️ OTC fee burn - reduces supply (this one is not stated as limited like the first burn line)
▪️ Income - profit share of money made on their insurance fund
▪️ Future - future utility is promised, but mostly undefined
Future Growth
▪️ Prediction markets
▪️ Mobile apps
▪️ Options
▪️ OTC derivatives
▪️ Spot and margin exchange
▪️ FTX has a good plan and path for growth. They have been approached for institutional partnerships and purchase, and have turned these down.
What We Like
✅ Wants to be a better BitMex, institutional grade; more liquidity than OKEx and BitMEX (except for the BitMex BTC perp)
✅ High experience team - traders, from wall street and tech industry
✅ Working product, with high liquidity, already trading $100M per day
✅ Team saw problems, asked for solutions from industry, got no action, decided to build their own
✅ Backed by Alameda Research crypto trading firm (trades $600M+ per day)
✅ Working OTC @ $30M daily volume from word-of-mouth; comprehensive and intuitive UI + API built for large volume accounts
✅ Will integrate this OTC into FTX futures exchange
✅ Strategy to end Clawbacks (socialized losses from leverage) with better system and insurance approach
✅ All trading flows through centralized collateral pool via universal stablecoin settlement. eg - one universal margin wallet
✅ A Big Idea - Leveraged Tokens
✅ Provide +/- 3x leveraged ERC20 tokens, very similar to what is found in traditional Stock Market
✅ Has a -1x USDT token for tether hedging - an excellent/needed product
✅ Development - claim fast development reactionary skills, can add multiple features per day
✅ Partnerships with TUSD and USDC, gives them ability to trade USD-><-to-><-stablecoin in size
This is not sponsored nor paid content. If we find a relatively under the radar project that we believe has potential we post about it.
📈 Ultra In-Depth Review & Rating is online!
▶️ Read the full review at the following link: https://cryptocalibur.com/ultra-review/
Ultra is a Blockchain project that aims to create an ecosystem for games distribution with various game related 3rd party services. The project is targeting the PC-games market and wants to create a publishing platform (similar to Steam) as well as a marketplace. By doing so, Ultra wants to solve the problems of game distribution monopolies that occur due to more and more powerful “app” stores that charge high fees and in return provide no proper support for the game, especially when it comes to marketing. A good example here are the distribution platforms Steam and GOG which have established themselves so strongly within the market that they charge 30% of the revenue that is being generated only for being an intermediary and presenting the game to the established community.
✅ Review Rating ✅
Product | 80%
Use of Blockchain | 80%
Documentation | 85%
Development Roadmap | 80%
Business Model | 85%
Company & Team | 95%
Token Sale | 85%
Final Rating | 83%
Ultra’s product is already in development since quite a while and their closed test-net is running, but as of now none of this has been made public unfortunately – you can however sign up for a closed beta test. The goal is to create a broad ecosystem that will battle with game distribution platforms such as Steam and GOG for market share of gamers and developers. We like Ultra’s proposition here to take a much fairer cut than its competitors while simultaneously allowing a much wider range of features such as the reselling of games, the trading of items, and many more.
The project aims to do so by offering a hybrid solution of being partly centralized and partly decentralized. Ultra constructed a protocol that will allow the on-boarding of users that are not crypto savvy in order to attract a mass market. They want to develop an ecosystem in which users basically don’t need to interact with the underlying UOS currency despite it is being used for all the products and services on the platform. The construction of the UOS ecosystem is fairly complex but is meant to be in a work in a way that increasing usage of the platform equals an increase in token price. We are curious to see if this indeed will work out in the end.
Ultra’s business model is really comprehensive and offers various channels meant to create cash flow based on advertisements, game sale revenue shares, cryptocurrency conversion fees, and more. They are in possession of an existing business that is already serving a substantial amount of people with advertisements and crucial partnerships with well-known gaming corporations have been achieved already or are really close to be. Bitfinex for example officially invested and partnered with Ultra out of which we can assume that Ultra is going to list on Bitfinex, this is however not bulletproof.
The team as well as the advisory board are strong and have expertise within the gaming industry which gives us confidence. Furthermore, the team have been very transparent on all fronts and have changed the metrics massively since last year so that it suits all investors and stakeholders. Overall, Ultra is promising and offers a business model that can potentially disrupt current competitors in the space.
▶️ Read the full review at the following link: https://cryptocalibur.com/ultra-review/
Ultra is a Blockchain project that aims to create an ecosystem for games distribution with various game related 3rd party services. The project is targeting the PC-games market and wants to create a publishing platform (similar to Steam) as well as a marketplace. By doing so, Ultra wants to solve the problems of game distribution monopolies that occur due to more and more powerful “app” stores that charge high fees and in return provide no proper support for the game, especially when it comes to marketing. A good example here are the distribution platforms Steam and GOG which have established themselves so strongly within the market that they charge 30% of the revenue that is being generated only for being an intermediary and presenting the game to the established community.
✅ Review Rating ✅
Product | 80%
Use of Blockchain | 80%
Documentation | 85%
Development Roadmap | 80%
Business Model | 85%
Company & Team | 95%
Token Sale | 85%
Final Rating | 83%
Ultra’s product is already in development since quite a while and their closed test-net is running, but as of now none of this has been made public unfortunately – you can however sign up for a closed beta test. The goal is to create a broad ecosystem that will battle with game distribution platforms such as Steam and GOG for market share of gamers and developers. We like Ultra’s proposition here to take a much fairer cut than its competitors while simultaneously allowing a much wider range of features such as the reselling of games, the trading of items, and many more.
The project aims to do so by offering a hybrid solution of being partly centralized and partly decentralized. Ultra constructed a protocol that will allow the on-boarding of users that are not crypto savvy in order to attract a mass market. They want to develop an ecosystem in which users basically don’t need to interact with the underlying UOS currency despite it is being used for all the products and services on the platform. The construction of the UOS ecosystem is fairly complex but is meant to be in a work in a way that increasing usage of the platform equals an increase in token price. We are curious to see if this indeed will work out in the end.
Ultra’s business model is really comprehensive and offers various channels meant to create cash flow based on advertisements, game sale revenue shares, cryptocurrency conversion fees, and more. They are in possession of an existing business that is already serving a substantial amount of people with advertisements and crucial partnerships with well-known gaming corporations have been achieved already or are really close to be. Bitfinex for example officially invested and partnered with Ultra out of which we can assume that Ultra is going to list on Bitfinex, this is however not bulletproof.
The team as well as the advisory board are strong and have expertise within the gaming industry which gives us confidence. Furthermore, the team have been very transparent on all fronts and have changed the metrics massively since last year so that it suits all investors and stakeholders. Overall, Ultra is promising and offers a business model that can potentially disrupt current competitors in the space.
🗞 Insider Newsletter #4 | July 7th, 2019 🗞
This week’s technical analysis section will be pretty straightforward and simple to understand. We’re currently sandwiched between the local supply and demand areas. The blue range on the charts will represent the weekly range.
At the start of the week, Monday’s low was lost and then regained. Immediately after that, the price shot up into the H4 supply block that kept it down last week as well. After that, the high of the week was in, and we bounced the equilibrium (middle) of the weekly range, and we’re now hovering around a SR block. All the scenarios that can be made for the upcoming week strictly depend on which direction the price decides to leave the SR block. Read more...
In The Spotlight
🗒 G20 officially supports FATF’s crypto guidelines that require exchanges to share customer data
✅ TD Ameritrade-Backed ErisX Gets Green Light to Settle Futures in Bitcoin
💰 Blockchain Startups Raised $822 Million in H1 2019: New Report
📑 Binance Crypto Exchange to Launch Futures Contracts Soon
⛔️ FCA proposes ban on cryptocurrency products
🏦 ING Joins Stablecoin Development Project and Builds Privacy Upgrade Harnessing Blockchain
🇬🇧 UK Regulators Approve First Cryptocurrency Hedge Fund
⛓ Tether slowly migrating from the Bitcoin to Ethereum blockchain
The Development Continues
With the dust finally settling after the recent G20 summit, which saw the international forum stand beside the FATF cryptocurrency guidelines, we are seeing an increase in the amount of energy focused on blockchain technology and regulatory concerns, as the Financial Conduct Authority recently announced a proposal to ban financial instruments linked to digital cryptocurrencies, more and more pressure is put on the space from the authorities’ side. As the space gathers more clear boundaries, it also creates opportunities for institutional players to enter the arena, such as the recently announced ING Bank joint development of a stablecoin and privacy features on blockchain, and the first cryptocurrency hedge fund as a full-scope alternative investment fund manager.
The U.S. space has also seen a strong stance on the blockchain development of companies, such as the recent letter from members of the Congress, to halt the development of the Libra project. While this is only a minor setback in the vast space of blockchain, small countries such as Cuba want to endorse and research on the technology and its usecases, in order to mitigate the effects of the economic crisis within its national measures.
As more and more demand for payment services within the space appear, one of the oldest and most widely used stablecoin projects, Tether, started a process to migrate from the Bitcoin ecosystem to the Ethereum network, and has gathered a number of major exchanges to change their address to ERC-20, exchanges such as Binance and Poloniex, marking another step in the direction of adoption for the Ethereum protocol.
CryptoCalibur Weekly Wrap-Up
📢 Had Dusk Network over in our Chat Room for an AMA | Recap
This week’s technical analysis section will be pretty straightforward and simple to understand. We’re currently sandwiched between the local supply and demand areas. The blue range on the charts will represent the weekly range.
At the start of the week, Monday’s low was lost and then regained. Immediately after that, the price shot up into the H4 supply block that kept it down last week as well. After that, the high of the week was in, and we bounced the equilibrium (middle) of the weekly range, and we’re now hovering around a SR block. All the scenarios that can be made for the upcoming week strictly depend on which direction the price decides to leave the SR block. Read more...
In The Spotlight
🗒 G20 officially supports FATF’s crypto guidelines that require exchanges to share customer data
✅ TD Ameritrade-Backed ErisX Gets Green Light to Settle Futures in Bitcoin
💰 Blockchain Startups Raised $822 Million in H1 2019: New Report
📑 Binance Crypto Exchange to Launch Futures Contracts Soon
⛔️ FCA proposes ban on cryptocurrency products
🏦 ING Joins Stablecoin Development Project and Builds Privacy Upgrade Harnessing Blockchain
🇬🇧 UK Regulators Approve First Cryptocurrency Hedge Fund
⛓ Tether slowly migrating from the Bitcoin to Ethereum blockchain
The Development Continues
With the dust finally settling after the recent G20 summit, which saw the international forum stand beside the FATF cryptocurrency guidelines, we are seeing an increase in the amount of energy focused on blockchain technology and regulatory concerns, as the Financial Conduct Authority recently announced a proposal to ban financial instruments linked to digital cryptocurrencies, more and more pressure is put on the space from the authorities’ side. As the space gathers more clear boundaries, it also creates opportunities for institutional players to enter the arena, such as the recently announced ING Bank joint development of a stablecoin and privacy features on blockchain, and the first cryptocurrency hedge fund as a full-scope alternative investment fund manager.
The U.S. space has also seen a strong stance on the blockchain development of companies, such as the recent letter from members of the Congress, to halt the development of the Libra project. While this is only a minor setback in the vast space of blockchain, small countries such as Cuba want to endorse and research on the technology and its usecases, in order to mitigate the effects of the economic crisis within its national measures.
As more and more demand for payment services within the space appear, one of the oldest and most widely used stablecoin projects, Tether, started a process to migrate from the Bitcoin ecosystem to the Ethereum network, and has gathered a number of major exchanges to change their address to ERC-20, exchanges such as Binance and Poloniex, marking another step in the direction of adoption for the Ethereum protocol.
CryptoCalibur Weekly Wrap-Up
📢 Had Dusk Network over in our Chat Room for an AMA | Recap
📈 NOIA Network In-Depth Review & Rating is online!
▶️ Read the full review at the following link: https://cryptocalibur.com/noia-network-review/
NOIA Network aims to create a global Software Defined Network (SDN) on the public Internet, and operate a Network-as-a-Service (NAAS) solution which provides Multi Protocol Label Switching (MPLS) quality connectivity between access points. NOIA incorporates Segment Routing, IPv6 and Distributed Ledger Technology (DLT), as well as smart-routing algorithms to ensure fast, zero latency, dedicated throughput. The NOIA Platform works as a Programmable Internet backbone structure which allows data centers, Internet Service Providers (ISPs), and other infrastructure providers to trade their infrastructure.
✅ Review Rating ✅
Product | 85%
Use of Blockchain | 90%
Documentation | 85%
Development Roadmap | 80%
Business Model | 85%
Company & Team | 80%
Token Sale | 90%
Final Rating | 85%
NOIA Network is an ambitious project that is aiming to disrupt a cornerstone industry. As a result, the project is attempting to establish itself in a market valued at close to $700 billion per year with regards to information and communication technology downtime in North America. This is a substantial market sector and the team have already developed a foundation as a blockchain based Distributed Peer to Peer Content Delivery Network. There are currently over 5,100 NOIA nodes downloaded with at least 300 up and running at any one time, and sharing over 25TB of spare data. This helps to bring some solidity to the project as decentralizing the internet is a tough to pull off successfully.
The launch of the NOIA Ledger and the NaaS Platform which will enable the selling NaaS services via partner networks, are set for the second half of 2019 and will allow the greater community to gauge exactly how well the project is progressing. Successful launches will also allow the community to grow faith in the team which is relatively young in nature and has limited experience with many of the core members coming from the same companies in Lithuania. A number of team members have spent time at the Tellq in-house call centre and at Orion Securities, and are in the process of growing as business and tech professionals.
As a result, despite having a lot of positives, the jury is still out as to whether the team can launch NOIA as a fully decentralized platform and gain significant traction and adoption from both commercial entities and regular users. However, recently the team have brought on board the seasoned business man William B. Norton who should help NOAI turn milestones into checkmarks. Moreover, NOIA can help to legitimize a market sector that is one of the most ambitious and also one of the more difficult to pull off with distributed internet projects such as Substratum, Elastos, and Skycoin often proving to be disappointing. Some aspects of the project are still to be finalized and the new whitepaper should reveal the consensus mechanism and more about the reward details which may prove attractive to anyone interested in operating a node.
Lastly, the fact that NOIA has managed to gain traction and sustain strong marketing efforts without having an IEO is something we appreciate. They are not following the trend of the industry, but remain unique to an extent which shows they have full belief in themselves. NOIA Network is one of the most exciting and promising projects we’ve come across during the last few months, and we’re looking forward to see the team’s progress in the upcoming months and years.
▶️ Read the full review at the following link: https://cryptocalibur.com/noia-network-review/
NOIA Network aims to create a global Software Defined Network (SDN) on the public Internet, and operate a Network-as-a-Service (NAAS) solution which provides Multi Protocol Label Switching (MPLS) quality connectivity between access points. NOIA incorporates Segment Routing, IPv6 and Distributed Ledger Technology (DLT), as well as smart-routing algorithms to ensure fast, zero latency, dedicated throughput. The NOIA Platform works as a Programmable Internet backbone structure which allows data centers, Internet Service Providers (ISPs), and other infrastructure providers to trade their infrastructure.
✅ Review Rating ✅
Product | 85%
Use of Blockchain | 90%
Documentation | 85%
Development Roadmap | 80%
Business Model | 85%
Company & Team | 80%
Token Sale | 90%
Final Rating | 85%
NOIA Network is an ambitious project that is aiming to disrupt a cornerstone industry. As a result, the project is attempting to establish itself in a market valued at close to $700 billion per year with regards to information and communication technology downtime in North America. This is a substantial market sector and the team have already developed a foundation as a blockchain based Distributed Peer to Peer Content Delivery Network. There are currently over 5,100 NOIA nodes downloaded with at least 300 up and running at any one time, and sharing over 25TB of spare data. This helps to bring some solidity to the project as decentralizing the internet is a tough to pull off successfully.
The launch of the NOIA Ledger and the NaaS Platform which will enable the selling NaaS services via partner networks, are set for the second half of 2019 and will allow the greater community to gauge exactly how well the project is progressing. Successful launches will also allow the community to grow faith in the team which is relatively young in nature and has limited experience with many of the core members coming from the same companies in Lithuania. A number of team members have spent time at the Tellq in-house call centre and at Orion Securities, and are in the process of growing as business and tech professionals.
As a result, despite having a lot of positives, the jury is still out as to whether the team can launch NOIA as a fully decentralized platform and gain significant traction and adoption from both commercial entities and regular users. However, recently the team have brought on board the seasoned business man William B. Norton who should help NOAI turn milestones into checkmarks. Moreover, NOIA can help to legitimize a market sector that is one of the most ambitious and also one of the more difficult to pull off with distributed internet projects such as Substratum, Elastos, and Skycoin often proving to be disappointing. Some aspects of the project are still to be finalized and the new whitepaper should reveal the consensus mechanism and more about the reward details which may prove attractive to anyone interested in operating a node.
Lastly, the fact that NOIA has managed to gain traction and sustain strong marketing efforts without having an IEO is something we appreciate. They are not following the trend of the industry, but remain unique to an extent which shows they have full belief in themselves. NOIA Network is one of the most exciting and promising projects we’ve come across during the last few months, and we’re looking forward to see the team’s progress in the upcoming months and years.
CryptoCalibur
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