NNS Mainnet has launched

The Neo Name service is finally live after months of testing. Users can now bid on .neo domain names to use instead of their public key.

NNS launched on November the 9th and users can now start to bid on the desired .neo domain names. To encourage bidding for the first two weeks Neo Name Service have introduced a “domain name mining” incentive.

Neo Name Service (NNS) is  a decentralised domain name service which runs’ on the NEO blockchain. In short Neo Name Service will allow users to assign a .neo domain as an alias for their public key. So rather than having a long complicated public key users can send and receive funds to an easy to remember name such as bitguru.neo.

Neo Name Credit’s (NNC) is the native token within NNS, NNC will allow users to earn GAS simply by holding the token however, NNC has a number of different use cases which many are currently unaware of.

.neo domains

In the opening week almost 19,000 GAS has been spent which is due to be distrusted to NNNC holders.

Within the NNS system there are two types of markets’. Firstly there is the primary market, which facilitates the first-time distribution of .neo domain names. on the primary market only GAS is used, this GAS is there distributed in its’ entirity to NNC holders.

So far in the first week there has been well over 10,000 domains registered as well as an additional 4000+ auctions still ongoing. The launch of Neo Name Service has been a huge success and

The domains themselves have varied in value and have gone from as little as 0.1 GAS to as much as 1035 GAS for wallet.neo. Whilst it appears one user owns 7 of the top 10 most expensive .neo domains there is still a large number of domains owned by any different users and demand seems to be particularly high considering we are only a week into the new dApp.

 

There is plenty of excitement about the upcoming secondary market which will be available soon on the NNS system. This will enable the buying and selling of pre-owned domains, or domains which have previously been purchased in the primary market. In the secondary market, only NNC tokens are accepted as a means of payment.

Therefore if a user wishes to purchase a domain in the secondary market and they do not own NNC tokens, they will need to purchase these tokens from an exchange before using them.

 

The domain mining period is still due to continue until October 23rd, 2018.

To reciprocate your support, we have prepared a gift for community members and supporters; a two-week domain name mining activity will be held after the launch of NNS Mainnet. The activity will run between Oct. 9th-23rd 2018 (GMT+8).

What is domain name mining?

After the user wins a domain name on the NNS Mainnet, the domain winner will be rewarded with an amount of NNC in proportion to the GAS they spend winning the domain. The specific NNC reward policy is as follows:

Domain name winners will be rewarded with 70 NNC for each 1 GAS they spend if the domain auction start time is between Oct. 9th-16th 2018(GMT+8).

Domain name winners will be rewarded with 50 NNC for each 1 GAS they spend if the domain auction start time is between Oct. 16th-23rd 2018 (GMT+8).

The amount of NNC that will be awarded in the domain name mining activity will be no more than 100 million NNC (10% of NNC total supply). If there is any NNC left, the leftover NNC will be locked up.

 

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SweatCoin Literally Pays You $0.06 USD Per 1,000 Steps!

Sweatcoin is an App available both on IOS and Android devices that literally pays you for working out. By allowing the app to use your location and count your steps, you are rewarded by Sweatcoin and paid in Sweatcoin’s digital currency. They pay you for walking.

Download The App!!

Sweatcoin is a great way to actually get paid and track your steps. There are many apps available that track your steps and workout activity, but non that actually pay you in a usable, spendable currency like Sweatcoin.

The App that pays you to get fit!

The App has been featured in various news and media outlets including The New York Times, Forbes and The Telegraph. We wrote about it back in January 2018 when they announced they raised around $6 Million in funding to help make the project a success.

What is Sweatcoin? Is it a cryptocurrency?

The founders of the app aim to make anything available to buy on the platform using their currency. Though originally marketed as a cryptocurrency, they now no longer consider it such. They didn’t run an Initial Coin Offering (ICO) where tokens are sold to the public in order to raise funds, and the tokens aren’t listed on CoinMarketCap.

Sweatcoin is technically not a cryptocurrency. It doesn’t run on a blockchain or use any kind of distributed ledger technology. It is a digital currency, but not technically a cryptocurrency, although as there’s no official definition for the word, it could still be classed as one.

Sweatcoin rewards, what can you buy?

What can you buy with Sweatcoin? The App offers users a wide range of products and services in exchange for earned Sweatcoin tokens. The app rewards you for walking Some of the things available to buy with Sweatcoin are holidays, phone cases, TV package deals, Amazon credit, Audiobooks, even extending up to Samsung curved Televisions, the Iphone 8 and $1,000 PayPal balance!

Each product or service available to buy has a fixed price, payable in Sweatcoin. The PayPal cash balance for example will cost you 20,000!  There are many other services you can buy for less though, and judging by the announcement at the bottom asking for businesses with products they’d like to feature on the App to get in touch, we can expect the App and product availability to continue growing. Sweatcoin rewards are easily claimed, most often you get a code to enter at the checkout on the website of the product or service you’re being rewarded with.

You’re also able to send and receive the tokens to your friends or family. You can add friends onto the App and view how many steps they’ve done that day too. Your phone acts as a wallet for the tokens just like any other cryptocurrency wallet. Your phone number is used as your private key and secures the wallet unwanted access.

Is Sweatcoin available on an exchange?

Sweatcoin is not yet available to buy or sell on any cryptocurrency exchanges. Most likely because it’s not technically a cryptocurrency. It’s not known whether they will ever be tradeable on any exchanges, but highly unlikely at the moment. The digital currency has a fixed value and is spendable, so the Sweatcoin price won’t fluctuate based on demand from users. The team is centralised and can raise or lower the value at will by changing the amount products and services can be purchased for.

How much Sweatcoin do I earn per step?

Sweatcoin pay you for walking. For very 1,000 steps, you get paid 1 Sweatcoin, minus 5% commission. This 5% commission is their only revenue stream at the moment.

How much is Sweatcoin worth? Sweatcoin Price

Based on the current price of products available to buy on the platform, we can estimate that Sweatcoin is worth around $0.06 each on average. The Sweatcoin price does vary though depending upon which product you want. The $1000 USD PayPal balance reward for example costs the same in Sweatcoin (20,000) as a £1000 GBP holiday voucher reward.

How much will I make from Sweatcoin?

At this rate, for a normal healthy person walking 10,000 steps per day, they could be earning around 10 per day which is 3,650 per year. At the current $0.06 rate, that’s a hefty $219 per year extra you could be making, just for walking.

By referring friends, claiming your daily bonus each day and more, you could make a lot more. It’s never going to replace your regular income, but it does offer a nice rewarding bonus just for keeping active and healthy!

How to Buy & Sell Sweatcoin

Sweatcoin is worth $0.06 each on the official platform. You can buy and sell your Sweatcoin to third parties, but be aware you will get a lot less that $0.06 each if you choose to sell yours. Anything you do earn though is technically free, so whatever you can sell it for is better than nothing.

Get more Sweatcoin

There are as number of things you can do to get more Sweatcoin for free.

• By visiting the app
• Earn by referring friends. Every friend you refer, you get 5!
• Watch video advertisements and earn 1 free each time. Often these videos are live demonstrations of apps trying to tempt you into downloading them. You can only do this once per day.
• Buy Sweatcoin on eBay.

The cons, is Sweatcoin a scam?

There are some downsides to the Sweatcoin app. A big problem for most smartphone users these days are the strains we put on both battery life. There is a battery saving feature which although it reduces the accuracy of your step tracking and therefore maybe the amount of Sweatcoin you get paid, it does extend the life of your battery.

There are some concerns online over the legitimacy of the app, with many asking the question is Sweatcoin a scam? After making purchases on the app personally, I can confirm that it is not a scam. At least in the sense that when you buy something on the App, you actually get it. There are reports that, like most Apps, it harvests your personal information and may potentially use or sell it in the future.

Download The App!

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Mastercard May Be About To Enable Bitcoin Transactions

Bitcoin and cryptocurrencies has gained unprecedented media attention since being launched in 2009. Many have debated as to whether or not bitcoin will make into mainstream markets, and many have argued that bitcoin needs to be easily spendable in shops just like fiat currency is. Well Mastercard may be about to enable bitcoin transactions which could bring bitcoin to the mainstream.

Mastercard is one of the global giants in the payment providers industry, currently they enable consumers to purchase good and services through their payment card in any currencies deemed legal tender by the government in each country.

In a recent turn of events, Mastercard won a patent to protect a method that would manage “fractional reserves of blockchain currency.” Meaning Mastercard may be about to enable bitcoin transactions which could potentially new open to be spend in any country globally.

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Mastercard Patent

The document which was published with the U.S. Patent and Trademark Office states that “increased usage” in blockchain currencies is due to consumers who “value anonymity and security.” This may be seen as a disadvantage which is highlighted in the document. However, Mastercard note that there is a need to improve the current industry in terms of processing capabilities and storage.

“While blockchain currencies can often provide such safety and security for the payer’s information, such security may be limited for payees, particularly due to the limitations of the blockchain,”

One of the current issues with blockchain transactions is the time taken to process each transaction. Due to increased popularity blockchains have become clogged up causing transaction fees to increase and transaction times to increase likewise. As a result both parties involved in a transaction must wait unnecessary amounts of time for bitcoin or other cryptocurrency payments to process. This means merchants must “rely on a payer’s good faith” that a transaction is valid.

Mastercard May Be About To Enable Bitcoin Transactions

It is believed that Mastercard are proposing to hold a reserve of bitcoin which means they could validate transactions in milliseconds, thus enabling faster payments while both security and anonymity. No such products like this currently exist and while it remains to be seen wether or not this would actually improve the bitcoin network or increase usability of bitcoin the market are certainly reacting in a positive way.

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It’s All About Swimming With Whales, Yes..! Alibabacoin Makes History

The glorious history is going to be written by Alibabacoin Foundation by a massive listing of ABBC(Alibabacoin) in multiple Exchange platforms. Yes this is first time in history a crypto company listing their Coin in Multiple Major Exchange platforms, they are BitForex, Coinsuper, Coinbene, IDAX, TopBTC, OOOBTC, RightBTC, DragonEx and Sistemkoin. This is the greatest opportunity for those who are planning to trade in crypto field especially with Alibabacoin. This is a daring step to the market. As like the greatest hope of the customers there would be an increase in the value of Alibabacoin.

In the current scenario the fast-paced market of Cryptocurrency, coin holders are confused by the fluctuations of price and those who are focusing the more secure transactions and worth for their capital Alibabacoin will be a better trading opportunity. They are focusing the people around the globe. The secure system makes sure that it will be a safer way to distribute or share the financial assets. They plan to distribute the service over 81 countries. This aggressive expansion into new regions is an Eagle vision of the firm into the crypto market and which would make them one of the leading blockchain specialists.

According to the words of Alibabacoin Foundation’s CEO Mr Jason Daniel Paul Philip, the vision is clear that; for a better future required more valuable and secure Blockchain solutions. That’s why ABBC is outstanding with the latest technology and secret techniques for the implementation of the “Facial Recognition”. The facial recognition technology is newly developed. The artificial intelligence technique is extremely effective for the image recognition because it makes the computer zero in on the facial features that will most accurately identify a person. The secure facial recognition and Algorithm X-13 makes it non-hackable. The company will not deny anyone from joining in it. It is a great fact; people can join ABBC for participating in sharing as well as to distribute the financial assets in a secure manner.    

What differs ABBC Multi Crypto wallet from others; the wallet is user friendly and provides more security for trading. It allows facial recognition. A crypto having its own Multi Crypto wallet will provide fund security.  While coming into the social commitment of Alibabacoin Foundation, They are seriously committed with the society by their social contribution, donation and support war victims also those who are suffering due to hunger and medical emergencies. It’s great to compete with whales in swimming by keeping the values and social responsibilities that’s what Alibabacoin Foundations doing.  The listing in exchanges will be remarkable because of its massive utilisation of multiple Exchange platforms such as BitForex, Coinsuper, Coinbene, IDAX, TopBTC, OOOBTC, RightBTC, Dragon Ex and Sistemkoin. Those who seek a better trading and gross value of the coin can register in above-mentioned exchange platforms. Getting listed in any platforms may not be a big deal for others but accurately focusing the market and entering in it with a massive focus, it matters. So the listing procedure may call a prototype of futures mass listing. The opportunity to trade through the above-mentioned exchange platforms will be remarkable in history. Those who are eagerly waiting, grab this opportunity to trade.

Disclaimer: Alibabacoin Foundation is not affiliated with Alibaba Group Holding Limited, China.

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MCO – Accelerating The World’s Transition to Cryptocurrency

MCO, formerly Monaco, have recently began testing their VISA payment cards. The solution will allow users to spend a variety of cryptocurrencies anywhere in the world providing the merchant accepts VISA payments.

This article will cover the following points

• What is the MCO Card and project?
• How to reserve your MCO card
• The various card options available
• Recent MCO updates and announcements
• When will the MCO cards be distributed? Distribution date?

The mobile app provides a cryptocurrency wallet where users can currently store Bitcoin, MCO, Ethereum and Binance Coin.

Reserve Your MCO Card Now!

Reserve Your MCO Card Now!

So what is MCO?

The project has come a long way from the ICO back in early 2017. There were many rumours online about the project potentially being a scam, both during the ICO phase, and at the end of 2017 when the team were unusually quiet about any further developments. There was also concern over the possibility of them being rejected by VISA, however it now seems the project is in full swing, with live testing happening as we speak.

The MCO project aims to house everything under one roof. The App acts as a wallet for your cryptocurrency, as well as an exchange platform enabling trading between the various cryptocurrencies. You will be able to send and receive funds, as well as buy and sell direct to your bank account should you choose to do so.

The various MCO Card options available.

There are a variety of different cards available, some free, some require users to lock up a set amount of MCO tokens in the app to reserve the card, and all have different benefits for using the card.

Below is a list of the various MCO cards available!

Reserve Your MCO Card Now!

MCO Coin

MCO coin has bee tradeable on most major cryptocurrency exchanges now since the end of their ICO. It initially began trading at $2.25, and within 5 weeks had increased by 976% to its current all time high price of $24.22.

We’re now in July 2018, 12 months after it landed on exchanges, and the price is currently sitting around the $7.5 mark, still 233% higher than the original price.

Below is a chart from coinmarketcap.com showing the past 12 months of trading history since the beginning of trading.

When will the MCO cards be distributed? – MCO Card distribution date?

Although there is no official launch date for the MCO cards to be distributed, we do know that the team plan on launching them in stages based upon the demand from each Continent.

The first MCO cards will be distributed across Asia, with no MCO card distribution date set in stone at the moment, we’re expecting this to happen by late 2018. The next rollout will be across Europe, followed by the United States. More information regarding when the MCO cards will be distributed will be released via notifications through the MCO app so be sure to download it and select your card to be notified further. Download MCO app.

Why is MCO so exciting?

MCO is a very exciting project in the cryptocurrency world because it enables crypto to be used anywhere in the world by anyone. It will work just like a traditional debit card from your bank, they even have the contactless payment feature!

MCO updates so far

Back in September MCO announced they are an approved Visa program manager

Being a Program Manager makes us the owner of the card program which enables us to manage the marketing, distribution, KYC/AML, customer support and all other operational aspects of the card program, including working with a processor on transaction authorisation and processing. Being a Program Manager is different from being a Card Issuer as the latter is responsible for meeting local regulatory requirements and settlements to VISA.  – Yvonne Kua

MCO buy the domain Crypto.com

MCO recently bought the domain crypto.com during their successful rebrand from Monaco. Despite the owner of crypto.com Matt Blaze turning down offers in excess of $10 Million USD earlier in the year, the deal with MCO is now official, and although no amount has been released yet, MCO CEO Marszaled made the following announcement.

This is a very powerful identity that we are taking on. It’s representative of the entire category so it comes with a huge responsibility on us to carry the torch. We don’t take it lightly and this is one of the things that I think we conveyed successfully, that, as a company, we do have a higher purpose.”

Partnership with Gemalto

It is common knowledge that MCO will be releasing Visa debit cards at some point in the future… But MCO have already secured a partnership with Gemalto to produce metal cards. Gemalto are one of the the largest producers of debit cards and SIM cards worldwide. The card will offer high security features as well as being available in a range of different styles and colours.

“By partnering with Gemalto, we are able to produce a highly functional yet beautiful product that users can be proud to use and display at the top of their wallets as their go-to cards.” – Kris Marszalek, Co-Founder and CEO of MCO

Bringing on board a highly successful team

Back in December MCO announced they had hired for four key positions within the company; COO, CCSO, CMO and a Platform Architect. However they are also advertising a range of other jobs currently on LinkedIn, so if you are interested in applying it may be worth checking out. This is another positive for investors as it demonstrates they are looking to expand their operations and would be harder bringing new members on board if they were not intending to follow through with the project.

Reserve Your MCO Card Now!

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Volkswagen Group Confirm They Will Put Blockchains On The Road

Volkswagen are becoming a popular name in the blockchain and crypto community. It is no secret that the car manufacturing giants ahed partnered with IOTA, and are researching blockchain and how it can be utilised to benefit both vehicles and the roads in general. Volkswagen (VW) confirmed earlier in the year that they are now working directly with IOTA on a proof of concept project, and now VW have just confirmed that they will be “putting blockchains on the road”.

In a recent tweet from @VWGroup they confirmed that they are “working full steam ahead on making super-safe #cryptosystems available to our customers. For filling the tank, unlocking your car – and all kinds of other possibilities”.

Bringing #blockchain systems to the road: We’re working full steam ahead on making super-safe #cryptosystems available to our customers. For filling the tank, unlocking your car – and all kinds of other possibilities: #bitcoin #ethereum #iota

— Volkswagen Group (@VWGroup) August 8, 2018

Volkswagen blockchain uses

Volkswagen AG is testing blockchain systems. This crypto technology offers enormous potential for maintenance, logistics, self-driving vehicles, and specialized solutions such as tamper-proof odometers.

Volkswagen is testing blockchain for many different areas of their business, in fact the automotive industry may just have the most potential use cases from blockchain technology. For example blockchain could streamline car ownership and vehicle servicing. Temper-proof odometers would revolutionise the industry as currently their is no guaranteed way of knowing that the mileage on a car is 100% legitimate. There is also vast amounts of research going into self driving vehicles and blockchain technology would certainly be implemented into this industry.

Benjamin Sinram and Nicolai Bartkowiak from Volkswagen Group IT have been exploring into blockchain concepts and the potential benefits which they have been discussing with over 300 employees.

“Blockchain technology also offers a lot of opportunities when it comes to self-driving vehicles. It can protect cars from hackers better than other technologies, and help with automatic payments at fueling stations or car washes” – Nicolai Bartkowiak

“Our contacts among the different brands enable us to work very efficiently. The atmosphere is open, and we’re happy to include interested individuals from any department” – Benjamin Sinram.

Volkswagen IOTA partnership

The world of motoring is at the cusp of being radically modernised, and the distributed ledger is here to help speed things up. Driver less technology is a fascinating use case for the IOTA data marketplace because as the cars operate in various driving conditions all around the world, every bit of sensory data can be fed into the data silos to improve both the future products of the brand, and also be sold for the right price to those who need it.

Volkswagen are working closely with IOTA, so much so that their Chief Digital Officer (CDO), Johann Jungwirth has joined the IOTA foundation’s supervisory board!

The news about the VW IOTA partnership was announced in January 2018. Jungwirth is in charge of leading Volkswagen through the inevitable digital transformation.

The Volkswagen group consists of 12 motoring brands, Lamborghini, Porsche, Bentley, Audi & Bugatti to name just a few.

The skills, connections and influence Jungwirth can bring to the German based IOTA foundation could prove to be very significant.

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