Category Archive: blockchain

Investing in ico, Holytransaction

What to Consider Before Investing in ICO in the second half of 2018?

Investing in ico, Holytransaction

After the success of the very first cryptocurrency, Bitcoin, many investors are now looking for the next big opportunity to invest in. Bitcoin opened the market for more cryptocurrencies and newest blockchain technologies to develop and grow. Nowadays, Bitcoin has seen better days, while there are over a thousand different digital currencies on the market. That being said, Ethereum is taking the lead on the market with their cryptocurrency called Ether and their newest blockchain technology development and implementation.

However, investors can’t sit and wait for years until a new company with their innovative idea starts to grow on the market. Instead, they are trying to predict the next important opportunity and invest in the initial coin offering (ICO) behind that opportunity. That way, they don’t only get to be the first to support the next revolutionizing cryptocurrency, but they also get to earn a considerable return on investment. Still, that’s easier said than done, due to the market’s volatility and unpredictability. Therefore, here are a few things to consider before investing in ICO in 2018.

What exactly is an ICO?

Initial coin offering, or ICO, is a way for companies to attract investors by offering their cryptocurrency tokens in exchange for support and funding. Simply put, it’s a fundraising method for companies to finance their new projects, by offering their tokens in exchange against other cryptocurrencies, such as Ether and Bitcoin. ICO are also similar to initial public offerings otherwise known as IPOs.

Companies sell their stocks to the public, in order for their shares to be traded on the stock exchange market. However, IPOs offer stock to the public with a security exchange, whereas ICOs are still unregulated and there are no procedures that can validate a company’s or their token’s credibility. That’s why it’s important to take your time to plan out your investments and consider your options carefully.

Conduct thorough research

Before you decide to invest in any ICOs, you have to conduct thorough research first. As mentioned before, ICOs are highly unregulated so far, which means that a bad call can cost you your entire investment. The popularity of the digital currency market has made it possible for various companies to promote their own projects and their unique cryptocurrencies. This trend has led to over a dozen ICOs being offered each day.

However, not all companies have their own blockchain technology like Ethereum. As a matter of fact, many new projects are based on existing blockchain technologies. This makes it difficult for investors to spot out good projects with the potential for considerable ROI. That’s why you must plan your investment and research the ICOs available on the market. For instance, you can check out reliable sources, such as The Blockchain Review, which can offer the latest information about the current ICOs on the market and their overall performance.

Read the whitepapers

After you’ve found a company with an ICO worthy of investing, you should take time to read their whitepaper. The main reason is that many companies haven’t even started their project yet and their whitepaper is the only thing that describes the company and their undertaking. The company itself 

might appear interesting enough to invest in, but you must be sure that it’s not, in fact, a scam. That’s why you should take your time to read their whitepaper thoroughly. The better you understand the company and their goals, the more you’ll know about whether to invest or not.

The key points you should be on a lookout for are company’s description and main information, the problem they wish to approach with their project and the solution they offer for that particular problem. Also, make sure you check out their product description and how they plan to implement, as well as commercialize, their tokens. What’s more, you need to keep an eye out for their token value and its distribution, as well as how their tokens differentiate from others on the market. Most importantly, check out their legality and how they use the funds obtained from their ICO.

Know more about the company

Doing your research and reading whitepapers is only the beginning. You have to be absolutely certain that the company you’re about to support with your investment is worth it and that you’ll actually profit from your investment. That’s why you need to learn as much as you can about the company you’re about to deal with. For starters, check out their website. You must evaluate every aspect ranging from the website design and security all the way to information a company has available on their website.

In addition, check their online activity and their presence, in order to determine how much effort a company is placing in promoting themselves. Moreover, check out their partners. That will give you insight into which system is a company using, as well as which electronic platforms they are partnered with. Checking out the legitimacy and credibility of a company demands time and effort. However, it will help you minimize the economic risks and ensure your investment is not in vain.

 

Investing in ICO can prove to be a lucrative strategy for investors. There are various ICOs on the market, but not every one of them has the potential to be the next big cryptocurrency. That’s why it’s important to do your research well and take time to consider all the important factors before you make an important decision.

Open your free digital wallet here to store your cryptocurrencies in a safe place.

Jack
Groestlcoin, Holytransaction

Welcome to the Universal Wallet and Exchange, Groestlcoin.

Groestlcoin, Holytransaction

If you thought about holding or exchanging GRS Groestlcoin, now you can do so directly with your HolyTransaction Universal Wallet.

It’s now possible to add GRS wallet to your dashboard and use it to access and exchange 26 different crypto, instantly. This is just one of the many recent adoptions that increased the possibilities of pur platform, by bringing the number of cryptocurrencies accepted to 26.

Now you are free to store GRS on HolyTransaction, transfer them to any other wallet, and make crypto-to-crypto transfers from and to GRS. All HolyTransaction customers can create a new address for their own Groestlcoin Wallet.

Groestlcoin Wallet features
Just like Bitcoin and all the other 26 digital currencies supported, you can now:

• Send GRS to any address, even to addresses of other crypto, with instant conversion on the fly;
• Receive transactions;
• Exchange GRS with any supported coins;
• Make instant transactions between HT users;
• Get real time exchange rates on the website;
• Set OTP for additional protection.

If you are not able to see your newest Groestlcoin Wallet, you just need to click on the “plus” button on the top right of the balance page, once you successfully login into your own wallet.

About GroestlCoin:

Groestlcoin is a fast and secure coin with almost zero fees that is privacy oriented. Launched on 22nd March 2014 with a focus on technological advancement, Groestlcoin has major development releases every 3 months.

Groestlcoin is a blockchain pioneer due to it being the first coin that activated SEGWIT and first to performed Lightning Network transactions on mainnet.

“ You can send GRS across the blockchain with almost zero fees. The fee for transferring 10,000 GRS with Groestlcoin Core wallet is  0.000045 GRS, that means $0.0006 at current price.”

The Groestlcoin Team has developed wallets for every platform: Android, iOS, BlackBerry, Windows, macOS, Linux, Chrome OS and Web. And besides that, the Groestlcoin Samourai wallet enables you to send GRS anonymously.

“The Groestlcoin Samourai wallet, boasts its anonymity and security, as it allows for private stealth addresses with both TOR and VPN support, as well as onboard AES-256 encryption.”

The main idea of creating Groestlcoin was to establish an electronic payment model that was purely based on mathematical proof. It uses the proof of work system (POW) to facilitate secure online money transactions. A system that is independent of influence from centralized authorities, a currency transferable electronically, and instantly at a very small fee.

Using 2 rounds of Grøstl-512 mining algorithm, makes Groestlcoin an ASIC resistant cryptocurrency.

Open your free digital wallet here to store your cryptocurrencies in a safe place.

Jack
Dai, Holytransaction

Welcome to the Universal Wallet and Exchange, DAI.

Dai, Holytransaction

If you thought about holding or exchanging DAI Stable Coin, now you can do so directly with your HolyTransaction Universal Wallet.

It’s now possible to add DAI wallet to your dashboard and use it to access and exchange 26 different crypto, instantly. This is just one of the many recent adoptions, which brought the number of cryptocurrencies accepted on our platform to 26.

Now you are free to store DAI on HolyTransaction, transfer them to any other wallet, and make crypto-to-crypto transfers from and to DAI. All HolyTransaction customers can create a new address for their own DAI Wallet.

DAI Wallet features
Just like Bitcoin and all the other 26 digital currencies supported, you can now:

• Send DAI to any address, even to addresses of other crypto, with instant conversion on the fly;
• Receive transactions;
• Exchange DAI with any supported coins;
• Make instant transactions between HT users;
• Get real time exchange rates on the website;
• Set OTP for additional protection.

If you are not able to see your newest DAI Wallet, you just need to click on the “plus” button on the top right of the balance page, once you successfully login into your own wallet.

About DAI:

Dai is a cryptocurrency that is price stabilized against the value of the U.S. Dollar. Dai is created by the Dai Stablecoin System, a decentralized platform that runs on the Ethereum blockchain.

With Dai, anyone, anywhere has the freedom to choose a money they can place their confidence in. A money that maintains its purchasing power.

MKR holders govern Dai

Maker is a decentralized autonomous organization on the Ethereum blockchain seeking to minimize the price volatility of its own stable token — the Dai — against the U.S. Dollar.

Maker smart contract platform controls and sells Dai. Indeed, decentralized and trustless, the Maker platform stabilizes the value of Dai to one U.S. dollar using external market mechanisms and economic incentives. 

Eliminating the necessity to trust a centralized organization and the hassle of third-party audits, Maker offers a transparent stablecoin system that is fully inspectable on the Ethereum blockchain.  

Maker’s Dual Coin System

The Maker Platform has two coins: Makercoin (MKR) and Dai (DAI).

Makercoin – A token with a volatile price that is used to govern the Maker Platform

Dai – A price stable coin that is suitable for payments, savings, or collateral.

(Sorced from coincentral https://coincentral.com/maker-dai-beginner-guide/)

Open your free digital wallet here to store your cryptocurrencies in a safe place.

Jack
Blockv, Holytramsaction

Welcome to the Universal Wallet and Exchange, BLOCKv.

Blockv, Holytramsaction

If you thought about holding or exchanging VEE Token, now you can do so directly with your HolyTransaction Universal Wallet.

It’s now possible to add VEE wallet to your dashboard and use it to access and exchange 26 different crypto, instantly. This is just one of the many recent adoptions – which we are very proud of – that brought the number of cryptocurrencies accepted on Holytransaction to 25.

Now you are free to store VEE on HolyTransaction, transfer them to any other wallet, and make crypto-to-crypto transfers from and to VEE. All HolyTransaction customers can create a new address for their own VEE Token Wallet.

VEE Wallet features
Just like Bitcoin and all the other 26 digital currencies supported, you can now:

• Send VEE Token to any address, even to addresses of other crypto, with instant conversion on the fly;
• Receive transactions;
• Exchange VEE Token with any supported coins;
• Make instant transactions between HT users;
• Get real time exchange rates on the website;
• Set OTP for additional protection.

If you are not able to see your newest VEE Wallet, you just need to click on the “plus” button on the top right of the balance page, once you successfully login into your own wallet.

BlockV. The interface layer to Blockchain.

WELCOME TO THE EXPERIENTIAL ECONOMY. That’s how BlockV greets his audience, by announcing a new (and initially confusing) paradigm of economy.

And it is really doing so. The audacious team, indeed, is bringing to life a futuristic AR/VR platform where merchants and consumer can create and exchange digital goods. The existence and ownership of these digital assets called  vAtom is certified on – and by – the blockchain. 

The vision, fueled by VEE Token, is to unlock new perspective and new revenue with smart digital objects built on the blockv protocol.

We already live in a future where anyone can own virtual objects that are unique, verifiable and tradable, and that can exist across different environments (AR, VR, mobile phones, TVs, tablets, etc.).

Mindblowing, if you ask to the author…

VEE THE FUEL OF THE EXPERIENTIAL ECONOMY

VEE are smart contract tokens built to the ERC20 token standard. They are an integral part of the BLOCKv open-source development environment. BLOCKv and each of its composite parts require VEE to fuse the BLOCKv ecosystem together and provide a mechanism for rewards and collaboration.

Any operation on the BLOCKv platform is powered by VEE. Developers are incentivized with VEE to experiment with revolutionary technology. Creators are rewarded in VEE whenever anyone uses their innovations (sourced from https://blockv.io)

Open your free digital wallet here to store your cryptocurrencies in a safe place.

Jack
Vechain token, Holytransaction

Welcome to the Universal Wallet and Exchange, VeChain.

Vechain token, Holytransaction

If you thought about holding or exchanging VEN Token, now you can do so directly with your HolyTransaction Universal Wallet.

It’s now possible to add VEN wallet to your dashboard and use it to access and exchange 26 different crypto, instantly. This is just one of the many recent adoptions, which brought the number of cryptocurrencies accepted on our platform to 26.

Now you are free to store VEN on HolyTransaction, transfer them to any other wallet, and make crypto-to-crypto transfers from and to VEN. All HolyTransaction customers can create a new address for their own VEN Token Wallet.

VEN Wallet features
Just like Bitcoin and all the other 25 digital currencies supported, you can now:

• Send VEN Token to any address, even to addresses of other crypto, with instant conversion on the fly;
• Receive transactions;
• Exchange VEN Token with any supported coins;
• Make instant transactions between HT users;
• Get real time exchange rates on the website;
• Set OTP for additional protection.

If you are not able to see your newest VEN Wallet, you just need to click on the “plus” button on the top right of the balance page, once you successfully login into your own wallet.

VeChain and the VEN Token:

VeChain is a thriving blockchain platform offering Blockchain-as-a-Service to enterprises for products and information. The Team have effectively pursued project involving consumers’ products from the luxury sector. It is a truly innovative business-scape.

By leveraging on blockchain technology, VeChain strives to build a trust-free and distributed business ecosystem, which is self-circulating and scalable.  In their vision, enterprises could enjoy the benefits of the blockchain: transparency and value flows at high-speed rates.

With a strong portfolio of partners, VeChain intends to model these successful implementation cases as industry templates to build the next phase of expansion.

“We are relentless in the pursuit of being the world’s first blockchain company to change the world for the better. Our original vision has never been changed. The dream is still the same as before:

To build a trust-free and distributed business ecosystem by enabling the flow of information and values at high-speeds through collaboration with enterprises.”

Open your free digital wallet here to store your cryptocurrencies in a safe place.

Jack
The industrial Revolution rides on Blockchain, Holytransaction

The Industrial Revolution rides on Blockchain

The industrial Revolution rides on Blockchain, Holytransaction

Blockchain technology has often been confused with cryptocurrencies.

This is the reason why people barely understand this crazy crypto world.

Indeed, we can say cryptocurrencies are projects born and raised on the Blockchain technology. We have to look at them as startups, which try to transform a sector or an industry providing a solution based on their coin.

In fact, the core strength of Blockchain lies in the capability to allow the exchange of data securely, anonymously and in a decentralized way; keeping them unchangeable.

Data mean money, votes, info, intellectual property and so on.

This is precisely why it is a revolution. Now maybe you can better understand why some fundamentals values of the blockchain scares government and authority. Being decentralized means NO MIDDLEMAN.

Moreover, we are glad to provide the more curious ones, with this compelling infographic which explains the transformational impact of the Blockchain Revolution on various industries.

Thanks BitFortune for sharing it with us.

 

The industrial Revolution rides on Blockchain, Holytransaction

The industrial Revolution rides on Blockchain, Holytransaction

The industrial Revolution rides on Blockchain, Holytransaction

The industrial Revolution rides on Blockchain, Holytransaction

The industrial Revolution rides on Blockchain, Holytransaction

The industrial Revolution rides on Blockchain, Holytransaction

The industrial Revolution rides on Blockchain, Holytransaction

The industrial Revolution rides on Blockchain, Holytransaction

The industrial Revolution rides on Blockchain, Holytransaction

The industrial Revolution rides on Blockchain, Holytransaction

The industrial Revolution rides on Blockchain, Holytransaction

The industrial Revolution rides on Blockchain, Holytransaction

The industrial Revolution rides on Blockchain, Holytransaction

The industrial Revolution rides on Blockchain, HolytransactionThe industrial Revolution rides on Blockchain, Holytransaction

Open your free digital wallet here to store your cryptocurrencies in a safe place.

Jack
Bitcoin explained to the next generation, Holytransaction

Bitcoin explained to the next generation

Cryptocurrency for 5 year olds, Holytransaction

Almost everybody in the world who has access to the internet has heard of Bitcoin, even small children. However, hearing about it and actually knowing what it is are two different things.

This is why our friends from mikesgearreviews.com realized and then shared with us an exceptional infographic.

Indeed, Cryptocurrency is a complicated matter which some adults can’t even comprehend, much less kids. But it’s also possible to teach some basic concepts to non-techie people too. 

Here’s a new way to teach children about Bitcoin’s values and logics in a way that is easy for their inquisitive brains to understand.

Enjoy this analogies and remember to keep you mind fresh. Get in the shoes of a five year old now:

Cryptocurrency for 5 year olds, Holytransaction

Cryptocurrency for 5 year olds, Holytransaction

Cryptocurrency for 5 year olds, Holytransaction

Credits:
Infographic from mikesgearreviews

Open your free digital wallet here to store your cryptocurrencies in a safe place.

Jack
Dogecoin, Holytransaction

You can’t leash the DOGE

Dogecoin, Holytransaction

When ideas and community purpose matter more than the last fin-tech innovation.

Dogecoin is a cryptocurrency, a form of digital money that like bitcoin, enables peer-to-peer transactions across a decentralized network.

If you’ve spent any time on the internet during the last decade, you shall have heard of the Doge meme: the iconic Shibe, barking comic sans quote like, “so scare,” “much noble,” “wow.”

At the peak of the meme’s popularity near the tail end of 2013, Palmer, an Australian marketer for one of the world’s largest tech companies, made a joke combining two of the internet’s most talked-about topics: cryptocurrency and Doge.

It was a joke taking aim at the bizarre world of crypto and at the recent coin-naming hype.

“Investing in Dogecoin,” Palmer tweeted, “pretty sure it’s the next big thing.”

And the tweet got a lot of attention. 

So the joke became a true play.

He bought the Dogecoin.com domain and uploaded a photoshopped Shibe on a coin. Adding a note on the site: If you want to make Dogecoin a reality, get in touch.

And this is just the tip. So, If you are interested in knowing the greatest detail of Dogecoin history, we bet you’ll like this article by Alex Moskov published at CoinCentral.com

Open your free digital wallet here to store your cryptocurrencies in a safe place.

Jack

Ten Years Of The World With Bitcoin Living in a crazy-crazy crypto world.

Bitcoin rose from unknown to mainstream recognition largely thanks the incredulous surge in value it saw in 2017. But then the price went down, sparking yet another heated discussion about the volatile unpredictability of the bitcoin.

Nowadays, discussions are all at their all time hype, but worth just as long as the participants know what they are talking about; and the audience has at least some grasp of the matter. But it rarely happens, as the vast majority of experts are as clueless about the intricacies of the crypto markets as is the general audience.

The infographic below, provided by our friends at BitcoinPlay, will not make us all marketing gurus but will give you a much better understanding about the driving forces behind the world’s first cryptocurrency, how it came to be, who embraced it first and how countries are handling it.
Here’s a selection of our favourite ones:

  • On May 22 2010 two Pizzas cost 10k bitcoins.
  • In 2013 FBI made $48 million by selling on auction one seized 144,000 Bitcoins.
  • 100$ invested in July 2010 is now 18.8 million.
  • Since april 2017 Bitcoin is legal payment method in Japan.
  • Blockchain ledger technology when used by top10 investment bank could save $8-$12 billions.
  • Chinese Mining Pool control approximately 81% of the Bitcoin network’s collective hashrate.
  • Overstock, Dell, Expedia, Dish and Microsoft accept Bitcoin payments.
  • University of Nicosia, Cyprus was the first University to accept tuition to be paid in Bitcoin.
  • Bitcoin is vat free in Switzerland.

Open your free digital wallet here to store your cryptocurrencies in a safe place.

Jack

Blockchain: the future of accounting?

Scrolling through this brief and meaningful infographic, provided by our fellows from Maryville University, we can get a glance of the immense and still unexploited potential of blockchain technology in Traditional Business contexts. One for all, Accounting.

Indeed the blockchain creates a decentralized ledger of all transactions where all records are updates and accessible to everyone in real-time.
And as everyone can perceive, this is a paradigm shift when it comes to subject like accounting.
This technology completely changes how monetary transaction are made, logged and given accessibility to. So its value for the Future of accounting is absolutely undeniable.

Some of the greatest possibilities which the blockchain empowers are:

1 smart contracting
2 consolidated bookkeeping
3 standardization in auditing
4 Security and Trust
5 Less Paperwork for accountant

Today, blockchain technologies outside of cryptocurrency and digitalized accounting systems are still in their infancy. And the best course of action for a smart professional is to brace for disruption and stay ahed of digital trends.

We are all witnesses in this era of revolution. But witnessing is not what counts.

Holytransaction, Marville University infographic - Blockchain the future of accounting

Credits:

Infographic from Maryville University Online Bachelor of Accounting Program

Open your free digital wallet here to store your cryptocurrencies in a safe place.

Jack