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What is ZeroBank?
ZeroBank was founded in China as exchange platform, but later on it moved its headquarter to Hong-Kong. Since Hong-Kong is considered as more autonomous part of China it does not have to obey to all strict regulations of mainland China, and that was the main reason of moving. Today ZB is one of the biggest exchange platforms on daily transaction volume according to CoinMarketCap. It is one of the few Far East exchanges that operate globally and accept investors from US. Its services are offered in many different languages including English, Thai, Korean, Japanese, Chinese and Arabic languages. Platform provides much more other options giving it competitive advantage to exist in market. If you were looking for exchange platform read this short article till the end to find out if ZeroBank fits your criteria.
What can you trade on ZeroBank?
Despite being founded in 2017 it reached top 20 exchanges worldwide in daily transaction volumes. And one of the main reasons for its rapid growth is the feature giving users ability to trade coin to coin and coin to normal currency. Its web platform is rated very high in usability and design among both fresh comers and more experienced traders. Platform interface provides various technological advancements and trading tools. Platform supports more than 40 crypto coins but changes with adding or removing some coins. Also platform supports some rare and unique coins giving its users opportunity to earn more. ZB as a major player in cryptocurrency trade it allows its users to make transactions with other 4 major markets: Teher, ZB, Bitcoin and QCash.
What are the fees on ZeroBank?
Unlike many other exchange platforms ZeroBank does not take commission fee for depositing fund into users account. Their main revenue stream is from transaction charges where they take 0.2% for any token and if user has more than 100ZB coins on account trading ZB coin will be charged with 50% discount.Withdrawal fees may differ from coin to coin so users should have to check exact amount and percentage of withdrawal fee on platform, For now platform do not put any limit to transaction value so userc should trade as high as they can so it will be profitable with those rates.
ZeroBank security
Most of new exchange platform have had several security breaches in last years, however ZeroBank was not one them and did not had any security issues. Platform seems ready for any sort of infiltration, they took all necessary prevention steps. Offline cold wallets with multiple signature security levels are uset to store big junk of funds that can’t be reached remotely. Same preparations should be taken by each user too for their own sake, so when creating an account user should take a validation step to guaranty security. This step is done by submitting picture of government issued ID or any other official document like passport. That validation process may take period of few business days and it is normal in industry. Also it is recommended to users as always to fill 2 step verification with their phones although ZeroBank uses most advanced version of SSL technology for security.
Summary
Shortly; Even if ZeroBank is very young and new in the industry it found its audience and place in market and grew enormously in two years becoming one of the biggest and reliable players. Also since ZeroBank is located in China it accepts local currency Yuan which very rarely accepted fiat currency among exchanges. We hope that this ZeroBank evaluation was of usage. Feel free to to discuss topic in comments below or in the FAQ section for more insight before trading. Find out more about this cryptocurrency exchange and more here.
Platform Review – Bits Blockchain
Bits Blockchain – Despite being very new exchange platform that was founded in 2017, Chinese Bits Blockchain attracted big user base all over the globe providing trade and transaction services. Also even if it is Chine based platform it welcomes all investors including investors from United States, so it may become you final destination if you are searching for platform to trade.
What is Bits Blockchain?
Platform is founded not in mainland China but in Macau where regulations differ, so it allows to platform to grow fast an enter top 30 exchange platforms on daily trading volume in such short time. It gained its users by accepting both coin and normal money trade, platform accepts USD and EUR making it much easier for people who are just starting trading.
What can you trade on Bits Blockchain?
Platform has its own token called ATM Coin, this token was created by managing company of Bits Blockchain. The estimated overall cash value of ATM will reach 2.3 billion USD if prices of tokens will rise to the 10 USD limit. Except its own token, platform also allows trading of many popular coins like Bitcoin and Ethereum and some altcoins like Ripple, Litecoin and Dogecoin.
How safe is Bits Blockchain?
Security is always the main point when subject is money transactions and even most advanced cryptocurrency platforms can nit guaranty you funds will be secure due to rising hacker attacks. So safety of users wallet is always up to them, users should consider to take all necessary steps to secure their accounts and play by rules of their exchange platforms. To create account on Bits Blockchain only email is needed however platform provides three step validation, which makes it more safer tham any two step verified platforms. Exchange platform provides a cryptowallet service so it is in users interest to use those multistep authentications.Bits Blockchain uses SSL approved website and its security rated by Mozila as D- which is average among exchanges and enough to be considered trustworthy, reliable and dependable.
What are the fees on Bits Blockchain?
As always in choosing trading platform to sell or buy cryptocurrencies the commission fees are one of the most important criteria to think about. The trade commission is charged on both seller and buyer on same rate of 0.5%, it involves both coin to coin and coin to money trade. Users of this platform should considers its benefits and compare it with other platforms since charges are higher that market average of 0.25%. On the other hand Bits Blockchain offers much attractive withdrawal rates of 0.005 ETH, 0.004 BTC, 1 percent ATMC and it is considered lower that market average and makes platform better compared to other exchanges.
How safe is Bits Blockchain?
TSecurity is always the main point when subject is money transactions and even most advanced cryptocurrency platforms can nit guaranty you funds will be secure due to rising hacker attacks. So safety of users wallet is always up to them, users should consider to take all necessary steps to secure their accounts and play by rules of their exchange platforms. To create account on Bits Blockchain only email is needed however platform provides three step validation, which makes it more safer tham any two step verified platforms. Exchange platform provides a cryptowallet service so it is in users interest to use those multistep authentications.Bits Blockchain uses SSL approved website and its security rated by Mozila as D- which is average among exchanges and enough to be considered trustworthy, reliable and dependable.
1xbit.com is one of the fastest growing cryptocurrency gambling platforms in the world. It offers a wide range of betting options and some of the highest odds on sporting events in the market.
Other than this, 1xbit has a wide selection of casual and casino games including provably fair games and different genres of in-house games.
1xbit Products
1xbit went ahead and developed unique betting software, something most online gaming and gambling platforms rarely bother to do.
Players can use the software for playing casino games from some of the top gaming solutions providers and place sports bets. The key features of the 1xbit software include
- More than 50 types of sports including Gaelic football, greyhound racing, darts, virtual sports, eSports and more
- Support for pre-match and live bets for both advanced and casual players, betting exchange, and betting constructor
- Live dealers with a variety of games such as blackjack, roulette, baccarat, and more
- A mobile website and smartphone apps available on the iOS and Android app stores
- Informative graphic simulators or video streams for most of the live events
- Over 100 slot-games providers that allow users to play up to 4 games simultaneously
- A casino table and interface for ForEx and financial bets
- Over 90 self-developed casual games.
1xbit customers using the software can play directly on the website using the currencies mentioned above. Besides this, 1xbit.com do not have deposit or withdrawal fees.
Worldwide Reach
Bonuses
The 1xbit website is currently available in over 50 languages. More so, 1xbit.com offers email support and 24/7 live chat on the website for a majority of the languages.
1xbit offers a fair bonus program with impressively high and fair bonuses that are guided by easy to understand rules. With that said, the bonuses do not restrict the players’ accounts in any way. There are two categories of bonuses to choose from
- 100% bonus on your first deposit – To receive this bonus, you must first create a 1xbit.com account and deposit at least 5 mBTC to get the bonus, and it is credited to your account instantly
- Unlimited cash back – 1xbit.com awards bonus points for placing wagers irrespective of whether you have won or lost the bet. The bonus points are credited automatically to your account after placing the bet.
Advancebet
The advance bet is offered after the evaluation of the potential gains from your unsettled bets. Therefore, if you have on-going bets and the potential winnings of your bets are larger than what you have, you can place an Advancebet.
Currencies
One of 1xbit.com’s most acclaimed feature is the multi-currency betting and payment account. The accepted currencies include Litecoin, Bitcoin, ZCash, Bytecoin, Ethereum Classic, Dogecoin, Stratis, Bitcoin Gold, Sibcoin, BitShares, Digibyte, Verge, Monero, QTUM, Tron, Ripple, GameCredits, Dash, and NEM.
Accumulator of the Day
This feature automatically increases your odds by 10% from the regular odds listed on the website. However, using the accumulator of the day makes you ineligible for Advancebet.
Conclusion
1xbit is revolutionising the online cryptocurrency gaming industry. Create a 1xbit account today and experience a new world of sports betting as well as casino and casual games.
Who are the unbanked?
The unbanked are grown-ups who don’t have a record at an office, for example, a bank. That’s why they are not able to use money related bank features, for example, credit, ledger, and advance exchanges and need to rely upon family or friends for these.
How much population is unbanked?
As per recent reports, there are over 2 billion adults who don’t have any access to formal monetary services. Most of them are in the developing economies of Sub-Saharan Africa, the Middle East, East Asia, and the Pacific region
What is the issue with unbanked?
Having numerous people cut off from universal capital introduces a major botched chance both for those individuals and for the worldwide neighbourhood. The countries with the highest rate of unbanked people tend to have the quickest developing economies. That improvement, though obstructed, is still extremely blocked by nonattendance of access to official economic offerings. People needing to start their own organization are not ready to get credit or a store account, individually. Without banks, cash exchanges are avoided, generally requiring the physical presence of both counterparties – an uneasiness that is smoothed to a degree by mobile instalment administrations.
How can unbanked people problem be solved?
There are for the most part signs of mind-blowing money related development, and it’s as of now not benefit from. Africa is a landmass brimming with potential buyers, and the absence of suitable money related framework is among the truly couple of perspectives that keeps the development rates from exploding. Whoever finds the alternative to this issue is set to make enormous income empowering a large number of individuals to improve their lives at the same time.
What is the present situation of unbanked?
The improvement of business foundation in the remote region is a steady procedure. There is space for development. Social and physical offices of the city are gradually improving year-by-year, consequently is the presence of keeping money administrations. In any case, both the present situation of formal money related to institutional and the rates of its improvement are not so good in Africa. Banks seem, by all accounts, to be excessively unbending and powerless to stay aware of the quick development of different ventures. It may be a good choice possibly they are just sticking around for their opportunity, looking out for a time of genuine exponential development to bet everything. The result is as yet the equivalent, all things considered: colossal markets are available for anyone for progressively deft organizations trying to give ideal worth to explicit client groups.
How can cryptocurrencies be helpful to unbank?
Cryptocurrencies such as Bitcoin or Ethereum may give incredible opportunities to upgrade the monetary expansion in unbanked and underbanked territories. Digital forms of money offer an essential method for moving worth. They can be transferred anywhere at a little cost. You needn’t bother with an ID or managing account offices to use them: all you need is a cell phone with web access to transfer cash over the mainland and the world. Significantly more engaging than the digital forms of money they are the different undertakings based over them. While digital forms of money themselves are useful, they have a few disadvantages, for example, mind-boggling expense instability, regularly unintuitive interface and non-appearance of focus on the specific necessities of unbanked neighbourhoods, for example, the nonattendance of paper IDs and deficient physical framework. All these can be managed by creating focused on alternatives dependent on the advancements of Blockchain and digital forms of money.
What are a soft fork and a hard fork?
They are both changes in protocol.
Soft Fork
A modification to the software protocol is a soft fork when previously legitimate blocks/transactions are made void. It is a backwards-compatible because old nodes will recognized the brand-new blocks as valid.
Hard Fork
On the other hand, a hard fork is a protocol’s basic change that makes previously void blocks/transactions valid. All nodes or users should upgrade to the updated version of the procedure software application. It is a permanent change from its previous version of the Blockchain. In this case, nodes with previous versions will no longer acceptable.
What are UASF and UAHF?
UASF represents User Activated Soft Fork
UASF is a system where the soft forks’ time of activation occurs on a required date by full nodes. It is considered as the economic majority. This system needs full support and coordination from the industry. SegWit activation in the BIP148 proposal was unified with UASF idea.
UAHF means User Activated Hard Fork
A needed rule set is added to change the node software. The changes can make previous invalid blocks to be valid after being flagged. Establishing this action doesn`t need a majority of hash power. Bitmain, a mining company, introduced UAHF as a contingency strategy against UASF.
How UASF vs. UAHF decision started?
For a long period of time, bitcoin has known for some powerlessness.
Some users and mining companies like Bitmain and Bitcoin Unlimited do not uphold this idea. They accept new requirements but others can still use the former version of the Bitcoin code. To avoid such and save a Blockchain of transactions, many versions are used.
Are there any precedents of soft forks and hard forks?
They are visible every day to all users of cryptocurrencies.
The Blockchain is where every transaction gets in. Different individuals use a different chain of operations in the time of mining. There’s a fork in a string before the longest chain is carried out.
History of Ethereum considered the most meaningful example of UASF and UAHF application.
Ethereum started the DAO task last April-May, 2006, after a month when a hacker snapped up the cash of a holder.
- Accepting the theft and not doing anything
- Blockchain will be rolling back to a period before the theft or hard fork
- Hacker`s wallets incorrect transactions will be accepted and will return the money, or soft fork
The task was not appreciated by some users. They accepted the theft, therefore, it enables the 2nd Blockchain’s appearance.
How will the implementation of UASF or UAHF modification Bitcoin?
There is a great number of possible situations.
The next innovations will depend on users and miners if one of the strategies is chosen. Based on the percentage of provided classifications, the first possible circumstances are:
Many miners and users agree on the said plan. This right situation includes no fork and only one branch exists.
A lot of users accept the strategy and miners don`t do any move. If users are more than 51 %, one branch will be okay. But if it is lesser than 51%, two branches will be needed which are Users’ fork and Miners’ fork. If the number of users increases to more than 51%, Miners are removed.
Since users and miners can`t reach plan, a bigger group can attack the smaller one. Smaller group’s transactions are not safe since they can be removed.
Situations like that have different effects such as smaller group can protect and alter algorithms and procedures.
Bitcoin and other cryptocurrencies continue their relentless march forward. More and more celebrities are embracing the digital currency phenomenon, and this only helps bring crypto-assets and blockchain technology out into the mainstream. Bitcoin is at the same time experiencing the lowest level of volatility since the dramatic rise and fall of the digital token back in December 2017. Experts believe that this is a sign of the market maturing.
Hip Hop Embraces Cryptocurrency
Hip-hop artists have begun to embrace the cryptocurrency phenomenon, Bitcoinist reports. Florida-based hip-hop band !MAYDAY! mentioned cryptocurrency in their song ‘Bitcoin Beezy’ from a few years ago. Since then. More and more hip-hop artists have come out as cryptocurrency enthusiasts. Snoop Dogg performed at Ripple’s company party earlier this year, and Eminem mentioned Bitcoin on his latest album ‘Kamikaze.’ The latest rappers to show Bitcoin some love is Soulja Boy, who is perhaps most famous for his decade-old hit ‘Crank That.’ Although the digital token is largely absent from most of the album, it does have an entire song dedicated to. The song is aptly titled ‘Bitcoin,’ and Soulja Boy goes over his daily routine of checking his funds online in the morning — something most cryptocurrency traders will be able to relate to. The rapper also names drops payment apps PayPal and Cash App, which he uses for managing his crypto-trades. Bitcoin is not the only digital currency that gets a mention on the song, however. Litecoin is also featured in the lyrics, and Soulja Boy has many more plans for digital entrepreneurship by the sounds of it.
The Beginning of A New Phase for Bitcoin?
If you search for ‘Bitcoin’ in Google News, you will find that half the stories revolve around Bitcoin’s price fluctuation. Every day there is another so-called ‘expert’ who is predicting either an immediate surge or a crash. While these predictions probably make good headlines, those of us who follow cryptocurrency on a regular basis can largely dismiss them. This point was recently made by Nigel Green, the founder of the DeVere Group in an interview with Bloomberg. The fact is that Bitcoin’s volatility is at the lowest level it has been since December 2017. With only a few more months of 2018 left to go, it will be interesting to see if this holds up. Green opines that this is a sign of the market for Bitcoin starting to mature.
The cryptocurrency has been around for a decade this month, and as it becomes more mainstream, volatility is bound to go down. Green is not alone: Mike McGlone from Bloomberg Intelligence concurs. McGlone mentions that volatility and trading volume goes hand in hand. A third voice, coming from Naeem Aslam from TF Global Markets UK, is skeptical, however.
Aslam says that low volume and volatility is a sign of market capitulation. As the year 2018 is coming to a close it will be interesting to see who is right — the optimists, the pessimists, or the realists?
What do you think the future holds for Bitcoin? Will we see a similar surge and crash towards the end of 2018 as we did last year? Leave your thoughts in the comments below!
FlipNpik ICO Review
The world of marketing changed with the emergence of social media. No longer would billboards, flyers, magazine adverts, and other traditional methods do the trick. Targeted ads based on personal preference is the presence and the future. While this leveled the playing field between small and big businesses for a while, it quickly became uneven again.
Although small businesses could get much more for their marketing budget via social media ads, big businesses still had much larger budgets — and could outbid the smaller competitors. Fast forward to the present, and you have social media platforms like Facebook now making it even harder to be seen with sponsored ads. FlipNpik is a project dedicated to solving this issue by once again making it feasible for small businesses to be noticed on social media platforms.
What is FlipNpik?
The team behind FlipNpik brands the platform as the first collaborative social media channel for small businesses. The project aims to create an ecosystem in which small businesses can not only promote themselves, but also collaborate with existing and potential customers online. By helping small businesses promote themselves online, users can receive rewards which they can in turn spend with said businesses. With enough collaboration, engagement, and tokens, users can become certified partners of the platform and receive monetary bonuses.
What are the key features of FlipNpik?
The platform is very collaborative, with a scalable infrastructure that makes the potential for growth huge. If successful, it has the potential to boost local economies worldwide. The platform furthermore makes it affordable for small businesses to advertise on social media once again. By using blockchain technology, the platform ensures that the businesses’ hard earned cash is safe and secure during transactions. For the customers and users, the platform provides them with a monetary incentive to engage and collaborate. With this, it also improves the targeted marketing, as customers will actively seek out the kind of businesses they are interested in. This, in turn, will further save the businesses money on promotion. The platform itself is using the Stellar platform, and accepts all the most popular cryptocurrencies like Bitcoin, Ethereum, and Litecoin.
What about the FlipNpik token?
The FlipNpik (FNP) is the native currency that will be used on the platform. As such, FNP tokens are utility tokens, of which there will be 425 million for sale during the ICO.
The remainder of the tokens will be allocated to partners, reserves, research and development, operational costs, marketing, and ad hoc expenses. Users of the platform can spend FNP tokens on purchases of products and services they come across on the platform. If a user accumulates enough FNP tokens, they will become Ambassador Partners of the platform. All that is required to become an Ambassador Partner is to deposit 500 FNP tokens into the platform. As a partner of the platform, users will receive 20% bonuses in profits from the platform activities. In order to purchase FNP tokens, users must have access to an Ether wallet and complete a know-your-customers (KYC) procedure.
Other Info:
– FlipNpik TELEGRAM
– bitcointalk ANN
– bitcointalk BOUNTY
– bitcointalk Username: Ico Friends
My Stellar adress:
GADGPGK44EP5O2SLTP53XZLLGVD577A45SBOOSZMRPAGSW5PPMYBEXAZ
Moolya ICO Review
There has never been a better time to start a company. Why? Because the Internet has allowed us to be located anywhere in the world, and collaborate with others across borders and timezones.
This means that there are now more startup companies popping up than ever before. But new businesses and the entrepreneurs that run them need support, guidance, investment, resources and groups to brainstorm with. While the Internet does a great job at facilitating this, many entrepreneurs are clustered in smaller groups around the web. Moolya is a project that aims to bring all these groups together, in order to create an ecosystem that everyone can benefit from.
What is Moolya?
Moolya is an entrepreneurship ecosystem built around blockchain technology. It is a place that hopes to aggregate all the entrepreneurs, investors, service providers, institutions, consultants, mentors and collaborators together into one global community of creative business minds. By gathering everyone in one place, the possibilities for networking and collaboration will be unprecedented. The team behind Moolya have already begun to form relationships with popular startup countries, such as the United Kingdom, the United States, the United Arab Emirates, Australia, China, and Singapore.
How does Moolya work?
The Moolya community will bring together institutions, startups, investors, companies, service providers, mentors, gurus, and partners to form the world’s first global entrepreneurial platform. These entities can communicate and collaborate via the platform, and the native currency being used will be the MoolyaCoin. This cryptocurrency token will be the main currency with which investors can fund projects, businesses can purchase products and services from each other, and entrepreneurs can pay advisors with. Furthermore, all the products and services produced by the startups will be accessible through the platform, which in turn will aid the startup businesses in reaching their target markets.
What are the benefits of Moolya?
As with other online platforms, Moolya will be universal and not bound by any physical borders. Being based on the blockchain technology as it is, the network will be decentralized and more secure than existing digital platforms. All the funding and transactions will be trackable and verifiable by the users on the network. One of the many advantages of cryptocurrency transactions is that they are much cheaper and faster than traditional financial transactions. The cryptocurrency system will also provide the users with the benefit of instant liquidity and increased purchasing power. This is particularly useful for startup companies with limited funds and cash flows. As there is a limited supply of tokens, there will be no inflation to worry about. By being connected to the Moolya network, entrepreneurs will also be able to access services not currently available to them.
What are the main features of Moolya?
The Moolya ecosystem platform is already live as of January 2018, with their official patent still pending. By using blockchain technology to facilitate the network, Moolya already place themselves head and shoulders above similar competing platforms. The team behind the project is made up of entrepreneurs, engineers, architects, digital experts, and marketing gurus. The roadmap for the project is very solid and detailed, with much research being conducted on a consistent basis.
bitcointalk Username: Ico Friends
Despite the rapid growth of the cryptocurrency space, fiat money is still king in the real world. Even the most enthusiastic crypto-’hodler’ will, when they emerge from their dark caves to get some daylight, eventually have to use government-issued fiat money to pay for everyday goods and services. But much has changed in the world of fiat money. Although they are issued by central banks and declared legal tender by the government, they are not what they used to be. No longer backed by gold, they have little intrinsic value. And with contactless credit and debit cards being the norm, we are increasingly moving towards a cashless society. The next logical step would be to transform the economy from one of fiat currency to one of cryptocurrency. But what would that look like?
More people start using it
Without the people interested in using cryptocurrency, the project will never become a reality. Whilst the interest in cryptocurrency is big enough to hold a Bitcoin rally, it is nowhere near popular enough to be considered a household name. In order for cryptocurrency to become the standard, pretty much everyone would have to know about it and have some experience using it.
Businesses adapt to it
In order for people to use cryptocurrency, more shops and other businesses would need to start accepting it. Although a few businesses and charities have begun accepting cryptocurrency, there is a long way to go before we can use them to buy groceries at the local corner shop. Online stores will probably be the first businesses where it will be a mainstream to pay with Bitcoin. Physical stores will have to catch up so they do not lose out on business.
Governments will (begrudgingly) adapt
The governments will be one of the last local institutions to accept the transformation from fiat to crypto. The main reason for this is that it is in the government’s’ interest to maintain the status quo. Fiat money gives them a lot of control over a country’s economy, and they will be unlikely to relinquish that control easily. China is a great example of how governments are fighting off the crypto-revolution.
National and international spread
Once consumers are using it, businesses are accepting it, and governments are taking steps to implement it, cryptocurrency will be a nationwide legal tender. Once enough countries have reached this stage, an international economy based on cryptocurrency can begin to develop. This is probably not going to happen in the near future, due to the large inequality between the countries around the world.
What can be done to speed up the process?
It will take a lot of patience on the part of crypto-fans, as these things move a lot slower than one could want. The only way to speed up the process of transforming the economy from being based on fiat money to one based on cryptocurrency is (you guessed it) to use cryptocurrency. As much as possible, in as many places as possible. The more people use it, the more businesses will accept it, and the faster governments will have to act on it.
Qompass Review
Qompass is an ambitious project with an even more ambitious vision: to revolutionize how the financial markets operate.
What is Qompass?
Qompass is a system that aims to provide users with a new way of accessing financial markets. Qompass comprises of three things: it’s a blockchain platform, it’s a mobile app, and it’s a debit card. It’s the Kinder Surprise of ICOs. The platform will be using Qompass tokens (called QPS), and the mobile app will function as a digital wallet, with which users can load credit onto their cards. The aim of the Qompass is to eliminate corruption on the global financial market by transforming it with blockchain technology.
Who is behind it?
The CEO of Qompass is Emmanuel Lim, who has over three decades of experience in data encryption and cryptography. Educated in Computer Science at Singapore Institute of Technology, his past experience includes working for Standard Chartered Bank as a head of their cybersecurity. Along with CTO Vladimir Okhrimenko and CFO Selena Neskovic, he founded Qompass in Hong Kong last year.
How does it work?
By using a combination of active leverage, artificial intelligence, and neural networks, Qompass aims to create an ecosystem of applications and protocols. In other words, the system will contain a number of services and products that will benefit users interacting with financial markets. As with other kinds of cryptocurrencies, Qompass is completely decentralized and protects the anonymity of its users. One of the added benefits is that the Qompass system will function much faster than current ones like Bitcoin and Ethereum. As a matter of fact, the developers promise that it will be able to process 30,000 transactions every second. One of the ways it will do this is by harnessing artificial intelligence. This will, in turn, lower the cost of usage, which will translate into lower transaction costs for its users. While the platform is built with financial transactions in mind, it is also designed with user customizability in mind.
What are the services and products?
Qompass promises quite a few interesting products and services for its users. The Qompass Trader uses artificial intelligence to analyze movements in the financial markets, and then provide the user with recommendations on what to trade when for maximum profit. The Open API Platform allows for financial institutions around the world to link up with the platform. The Crypto P2P Exchange is a peer-to-peer exchange that will allow users to cash out their QPS earnings through the financial institutions linked to the platform. The Blockchain-Based Financing will allow users to put down their QPS as guarantees on loans in other cryptocurrencies like Bitcoin. Finally, the Crypto Payment Cards will be the “debit card” that allows users to access the blockchain.
How much can you invest?
Qompass offers investors packages in three different tiers, that each come with different benefits. The Alpha Package (the smallest one) can be bought for just $1, and gives users the opportunity to double their investment each month, whilst paying a quarter of their earnings back into the platform. For those investing $10,001 or more, the Delta Package will allow for 200% return on investment each month, whilst only requiring 20% of the earnings to be paid in fees. Finally, the Omega Package ($100,001 and more) will give investors up to 300% back on their investment each month, and only requires 15% in performance fees.
bitcointalk username: Ico Friends