How to Withdraw from Binance Binance Support

Ripple Subreddit Rules, Helpful Links & Answers to Common Questions - READ BEFORE POSTING

You must read our rules before participating in Ripple
Helpful links and answers to common questions will be updated frequently so check back often
 
 
Ripple Subreddit Rules
https://www.reddit.com/Ripple/wiki/rules
 
Helpful Links
Ripple Insights - Top 9 Frequently Asked Questions About Ripple and XRP (Jan 18, 2018)
Ripple’s Ultimate Strategy; why XRP will increase in value
Removing inefficiency of international payments with XRP
Reasons to expect XRP to be the most popular bridge asset
"XRP is competitive now in the USD/MXN corridor"
Ripple's Decentralization Strategy Update
XRP Market Performance
List of Ripple Partnerships and RippleNet Implementations
 
People to Follow
Ripple on Twitter
Brad Garlinghouse, Chief Executive Officer at Ripple
Yoshitaka Kitao, executive chairman, CEO and president of SBI Holdings, Inc.
David Schwartz, Chief Cryptographer at Ripple | aka u/sjoelkatz
Stefan Thomas, Former CTO at Ripple, Co-creator of Interledger. Founder at Coil
Patrick Griffin, Senior Vice President of Business Development at Ripple
Miguel Vias, Head of XRP Markets at Ripple
Warren Paul Anderson, Product Manager, xRapid/XRP at Ripple
 
Hodor's XRP Blog
TplusZero - research & analysis on #XRP
 
Most Discussed Topics and Answers
● The Case Against BankCoin - Banks need an independent digital asset to enable truly efficient settlement
● Ripple Technology → Fast Payments → XRP → Fast Settlement
● Solving the chicken and egg problem - FI's bridging payments with XRP & companies saving money by holding XRP
● Banks hold XRP under a contractual agreement | Build liquidity to bridge payments to raise the demand for XRP
● How the global adoption of xRapid (XRP liquidity tool) would affect the value of XRP
● Besides instant cross-border payment settlement, XRP can capture other use cases, value that doesn't yet exist
● XRP Ledger has numerous technological advantages over blockchain systems that use proof of work
● Ripple is committed to making the XRP Ledger as decentralized as they possibly can
● Quantum-resistant signature schemes - Adding a new scheme is easy and fast
 
XRP Wallets
You need 20 XRP to activate a XRP wallet. Fees can be changed by the validators through the voting process.
The reserve requirement protects the XRP Ledger from spam or malicious usage.
 
When you are sending XRP to an exchange, destination tag is very important.
Destination tag is not needed when you transfer XRP to your own wallet address.
 
● XUMM by XRPL Labs | Developers
XUMM is a free app (iOS and Android) that makes sending, receiving and interacting with the XRP ledger easy & secure.
 
● Ledger Nano S | Tutorial | FAQ | Buy Online | Ripple Recovery Tool
Cryptocurrency Hardware Wallet
When you get your Ledger wallet, you must reset it and get a new set of 24 words seed before using it.
 
● The World Exchange | How to Create a Cold Wallet for Ripple
A free user-friendly and purely client-side wallet
 
● GateHub | Support | Network Statistics
GateHub XRP Web Wallet
 
Tools
Check XRP wallet balance - Bithomp | Graph | Transactions
Print raw information about an account, a transaction or a ledger - RPC Tool
 
Exchanges
The best way to support XRP is to buy/sell XRP directly with your local currency, not with USDT, ETH, LTC, or BTC.
Available XRP pairs - AUD, BRL, CAD, CNY, EUR, GBP, IDR, INR, JPY, KRW, MXN, PHP, RUB, THB, TRY, UAH, USD, ZAR.
You can find the complete list of XRP exchanges and supported XRP/fiat pairs Here.
 
USD - US Dollar
Kraken | Bitstamp | Bitfinex | CEX.IO | Gatehub |
Exrates | Exmo | Mr. Exchange | Bitsane | Sistemkoin | BitBay | Quoine
 
EUR - Euro
Kraken | Bitstamp | Gatehub | CEX.IO | LiteBit.eu | Anycoin Direct
The Rock Trading | Bitsane | BitBay | BitFlip | Bitlish | Quoine
 
KRW - South Korean Won
Bithumb | Upbit | Coinone | Korbit | GOPAX | Coinrail
 
JPY - Japanese Yen
Kraken | Bitbank | Quoine | Mr. Exchange
 
CNY - Chinese Yuan
RippleFox | Ripple China | Fatbtc
 
TRY - Turkish Lira
Vebitcoin | BTCTurk | Koineks | Sistemkoin | Ovis
 
INR - Indian Rupee
Zebpay | Koinex | Unocoin | Bitbns | BuyBitcoin | BuyUcoin
 
AUD - Australian Dollar
BTC Markets
 
THB - Thai Baht
BX Thailand
 
MXN - Mexican Peso
Bitso
 
IDR - Indonesian Rupiah
Indodax | Quoine
 
RUB - Russian Ruble
Exmo | BitFlip
 
ZAR - South African Rend
Altcoin Trader
 
CAD - Canadian Dollar
Kraken
 
UAH - Ukrainian Hryvnia
Kuna | BTC Trade UA | BitFlip
 
GBP - British Pound
Cryptomate
 
BRL - Brazilian Real
Braziliex
 
SGD - Singapore Dollar
Quoine
 
AED - United Arab Emirates Dirham
BitOasis
 
PHP - Philippine peso
CX | Exchange
 
USDT - Tether
Poloniex | Bittrex | Huobi | OKEx | CoinBene | Upbit | HitBTC |
ZB.com | Gate.io | Sistemkoin
 
ETH - Ethereum
Binance | Bittrex | Gatehub | OKEx | OTCBTC | Upbit | HitBTC |
Bitsane | Mr. Exchange | CoinFalcon
 
LTC - Litecoin
Bitsane | Mr. Exchange
 
BTC - Bitcoin
Kraken | Bitstamp | Bitfinex | CEX.IO | Gatehub | Binance | Poloniex | Bittrex |
HitBTC | OKEx | Upbit | Huobi | BTCTurk | BTC Markets | CoinEgg | Exmo |
ZB.com | OTCBTC | Coinrail | Bits Blockchain | Triple Dice Exchange | Indodax |
Exrates | Qryptos | Gate.io | Bitsane | Bitso | Ovis | BCEX | BitBay |
Mr. Exchange | Orionx | CoinFalcon | Abucoins | BitFlip | LakeBTC | Coinbe
submitted by nvok to Ripple [link] [comments]

BankDex - The First Exchange to Overcome High Latency in Cryptocurrency Exchanges

BankDex - The First Exchange to Overcome High Latency in Cryptocurrency Exchanges
BankDex is a user-friendly decentralized exchange, which ensures fiat trading with fast withdrawals and near-feeless transactions. Our team aims to involve new users in blockchain community by eliminating barriers relating with the complexity of buying, transferring & cashing out assets. In this article we research crypto exchanges market and our potential share at first, and then show our benefits and solutions and how it works.
DEX market overview
Encrybit team revealed real-time cryptocurrency exchange problems survey insights1. 1108 crypto traders were questioned: “What are the biggest concerns that you see in currently available exchanges!”. The main issues faced are:

https://preview.redd.it/z22h0m5g2lh31.png?width=500&format=png&auto=webp&s=f215be996b422c10f24bf5c273feb3cc19eab3ab
The second question was which exchange do you like, and virtually all respondents referred to centralized exchanges (CEX) here. This survey can be supported by market researches. Trading data from six major centralized exchanges (Binance, Bitfinex, Bithumb HitBTC, Huobi and OKEX) was compared to that from nine leading decentralized exchanges (Bancor Network, BitShares, DDEX, EtherDelta, ForkDelta, IDEX, OpenLedger, StellarTerm, and the Waves Platform). The share of DEX was only 2% of the total trading volume2. The reason is clear: the current generation of DEX has made progress only in security concerns3, while contributing to all other problems and suffering new, like fragmented markets4, no fiat support5, no scaling6, the impossibility of transactions between different blockchains7. Also clear that market is looking forward to flagman product which will eliminate challenges and will enable market growth. Experts highly estimate its potential. Increasing the number of institutional investors8, DEXs should reach up to 4% of total crypto market volume within the next two years. This would mean growth of 5–20x for DEX usage.
A Primer to BankDex
BankDex is a decentralized exchange built in response to the demands of the cryptocurrency users, for a simplified and enhanced trading platform. The platform is built on a robust ecosystem that promotes an enriched user experience, low latency, greater liquidity and security for user transactions.
BankDex employs a loose mesh topology powered by kernel nodes which are responsible for faster transaction persistence and validation. In addition to ensuring faster transactions that can be completed in less than a second, they are also highly resistant to security attacks by being Asynchronous Byzantine Fault Tolerant (aBFT).
The exchange features an impressive collection of crypto — crypto pairing across its network. The array of its supported tokens and cryptocurrencies currently includes BTC, XRP, XLM, ADA, ETH, TRX, EOS, QNT, VIBE, MKR, ZIL and REM, with many more to be added along the timeline.
BankDex allows its users to withdraw funds for free from their wallet. Third party wallet integration is also one of those features to be integrated in the near future. The BankDex transaction management system is both unique and secure, ensuring a flawless trading platform for cryptocurrency users.
Latency and Cryptocurrency Exchanges
Traders handling large quantities of cryptocurrency trade often find themselves in need of an exchange with one particular feature — low latency. In the simplest of terms, latency can be defined as the delay to receive a response after a request is made. As it connects with trading, latency affects the amount of time required for traders to mingle with the market.
Latency, in trading terms, implies to the speed with which a trading platform can react to the present status of the market. Trading platforms integrate programs specially designed to buy and sell assets in less than a second. Low latency means that these platforms are able to react faster to the actions of the market. The rapid nature of today’s market enables traders to make a significant amount of money.
Traders who take part in such kind of trade look for very low latency, somewhere in the range 10 milliseconds to 0.1 milliseconds. This kind of speed limit can be reliably accomplished by machines only. For low latency trades to be worthwhile and lucrative, users require an exchange that can handle such high speeds. The ideal latency will figure around a speed of 0.5ms, but this is quite difficult to accomplish.
Managing Latency in BankDex
BankDex decentralized cryptocurrency exchange addresses the latency issue with the lightning network concept, which ensures faster and safer trade of crypto & fiat currency. It overcomes the scalability issues, inherent to blockchain and enhances the throughput and latencies associated with a transaction.
The trading exchange consists of seven blockchains, which communicate with the core through a set of communication protocols. The communication between the different blockchains is established with the help of an interoperable blockchain router.

https://preview.redd.it/hl2x804p2lh31.png?width=500&format=png&auto=webp&s=1acd6b6db00d287cce3fd537a1593c45e06e73d8
BankDex and the Lightning Network
A lightning network can be described as a protocol layer that enables low-latency, high volume digital micropayments without the help of an intermediary. The fundamental technology of lightning network involves a payment channel, a local two-party consensus.
Both the parties involved in the transaction sends an initial amount of Bitcoin, or any cryptocurrency token into a multisignature transaction. The multisignature transaction involves a local consensus on the existing balance that is allocated between the two parties in the transaction.
Any update regarding the allocation of the existing balance can be only be made with the cooperation of both entities involved in the transaction. This is done with the help of a new transaction that spends the funds allocated for the multisignature transactions allocated to each party.
Website : https://www.bankdex.io/ Twitter : https://twitter.com/bank_dex Facebook : https://www.facebook.com/bankdex.io Telegram : https://t.me/BankdexChatOfficial Whitepaper : https://www.bankdex.io/index.php/white-pape Technical Paper : https://www.bankdex.io/wp-content/uploads/2019/05/Technical-Paper.pdf
Bounty0x username : nefsim

https://preview.redd.it/gbwx5k8a3lh31.png?width=250&format=png&auto=webp&s=5fc0532ff9dfa10013faf2b36a4dcf1fca45b419
submitted by hayrimavi1 to ico [link] [comments]

Best Cryptocurrency Exchanges for Beginners

Best Cryptocurrency Exchanges for Beginners
Best Cryptocurrency Exchanges for Beginners
Before we get into exchanges, let’s refresh our minds about what cryptocurrency is. The concept behind cryptocurrencies is relatively simple, while the math and technology are not. Essentially, a cryptocurrency is a virtual or digital currency that utilizes cryptography as a means for protection and security.
Cryptography is also used to regulate the creation of additional units, so as to not drive the overall digital currency market wild. One of the greatest appeals of cryptocurrencies is that they are not regulated by any government agencies. The most popular digital asset is the bitcoin, followed by ethereum.

What Are Cryptocurrency Exchanges?

Cryptocurrencies can be traded through cryptocurrency exchanges. These cryptocurrency exchanges are platforms through which you can purchase or sell digital currencies for dollars, euros, and pounds, as well as other digital assets. For example, you can sell bitcoins and purchase dollars with the sold bitcoins, or you could exchange bitcoins for ether. These exchanges are a vital part of the virtual currency expansion rate.
There are private exchanges, which are exclusive and operate by invite only, as well as those available for the public. Local exchanges also exist. Some are easier to use than others are; certain exchanges are so flexible that digital assets can be traded directly through the built-in chat features of specific popular messengers, like Telegram.

What to Consider When Picking the Best Cryptocurrency Exchanges

Here are a few things you will want to consider before picking the best cryptocurrency exchange suited for your trading and speculative needs.
Fees – Almost all exchanges charge fees for you to do business on their platforms. Make sure that when you are signing up or committing yourself to a specific exchange that you know everything about its fees.
Verification Requirements and Security – These are vital to understand before starting out on an exchange. Most exchanges require some sort of identity verification in the form of a passport, driver’s license, proof of residence, or other similar document before joining. The more complex the verification process, the safer the exchange platform.
Exchange Rates – Exchange rates are also important, as you don’t want to join a cryptocurrency exchange that charges draconian fees for transactions and exchanges. That just wouldn’t be fair to you or financially savvy.
Reputation – The best cryptocurrency exchanges always have ups and downs. However, the general opinion of the top ones is positive. The best exchanges have a solid reputation and are well trusted by traders.
Region – It’s also important to find an exchange that supports your geographic region. Some exchanges may support all of the countries in South America, while not supporting any of the countries in Asia, and vice versa. If you are living in Russia, for example, make sure you pick the best exchange platform that supports your region.
Now, let’s take a look at some of the best cryptocurrency exchanges out there.

Security

Something which is important to bare in mind when choosing a cryptocurrency exchange to make your trades and purchases on is their security measures. It is well-known that many exchanges have been hacked in the past, most notably the Mt Gox exchange, which people are still feeling the fall-out from ever since.
You should know that the your funds or coins on an exchange or not really yours, unless you own the private keys to the wallet of your coins you are relying on someone else to be custodian of your funds.
Luckily there are some basic measures you can take when using an exchange. The most important is to never store more there than you are willing to lose, if you have a significant balance, you should withdraw it back to your own wallet and for extra security, use a Hardware wallet to secure these funds.
Exchanges should be used for quick purchases of your desired cryptocurrency or for trading an amount you are happy with. They should never be used as your primary wallet, that is not their intended function.
Another important step to take is to use all the security options available on the site, make sure that two-factor authentication (2FA) is setup correctly and you use an app like Authy or Google authenticator. Do not use the mobile phone option which texts you a code, this is not safe as their have been a number of high-profile hacks involving sim-swaps which allow a would-be hacker to take over your phone number and then gain access to your account.

Coinbase

Coinbase is one of the, if not the, most trusted cryptocurrency exchange platforms in the world. It is also the largest digital asset exchange platform in the world. The platform supports more than 32 countries and has more than 4 million active users. Traders are allowed to acquire and sell bitcoins using their bank account, credit card, PayPal, and other payment methods, as well. In order to begin trading on Coinbase, you will have to set up an e-wallet for buying and selling cryptocurrencies. Furthermore, users have to be able to link a valid bank account in order to purchase bitcoins.

https://preview.redd.it/dauw912k1ze31.jpg?width=808&format=pjpg&auto=webp&s=25f1df9624cea90cc1359160ac7fd8b133eba1e7
Currently, fully verified U.S. residents are only allowed to hold up to 50,000 bitcoins per day. Overall, Coinbase has a great reputation and is highly respected in the trader community. Most transactions through Coinbase only have a 1 percent transaction fee in addition to any fees that your selected payment method may carry.
As with CEX, you can only purchase a few currencies: Bitcoin, Ethereum and Litecoin. You would then need to use Changelly to convert these to other crypto currencies.
Another benefit of registering with Coinbase is the fact you are then able to use the Coinbase Pro exchange which is owed by the same company. Coinbase Pro allows to more advanced trading features such as margin trading and Market, Limit, & Stop Orders. Coinbase Pro also has lower fees than Coinbase.
Read our full Coinbase Review here to learn more. We have also conducted a thourough look at Coinbase’s security measures here.
Visit Coinbase

Binance

Binance is a newer exchange but one we have grown to love, it has a wide range of cryptocurrencies available to purchase and trade and has a basic and advanced view which you can switch between easily. Their fees are very reasonable and they allow you to register and trade immediately without having to verify your account. You will then be able to make withdrawals of up to 2 BTC per day, if you want to withdraw higher amounts you will then need to upload your photo ID and a “selfie” photo.

https://preview.redd.it/01yawgfl1ze31.jpg?width=808&format=pjpg&auto=webp&s=28c23efac9899a48ce174693ed30a6dba08d94db
The public opinion of Binance at this time is very high with people praising the speed of the site, ease of use and cheap fees.
For more details you can read our complete review of Binance here.
Visit Binance

KuCoin

KuCoin is a new but very exciting exchange based in South Korea. They operate similarly to Binance in the fact that they list new altcoins much quicker than other exchanges so it’s a good place to purchase cryptocurrencies shortly after their ICO meaning there is a greater opportunity to profit by getting in early.
The interface is very clean and modern and much easier to operate than other older and more clunky exchanges.
They also offer their own token KCS which allows all holders to receive a daily share of profits of the platform, this is a great token to hold as you are paid in the many different currencies that the site allows people to trade in.

https://preview.redd.it/qav0qx9m1ze31.jpg?width=808&format=pjpg&auto=webp&s=2635f1242f7474a56f21fe123c0ad1c7718a8ee8
Visit Kucoin

LocalBitcoins

LocalBitcoins is a peer-to-peer cryptocurrency exchange used in most big cities around the world. The general principle behind this exchange is that you can find people who live in your area or city and meet with them in person to conduct an exchange. The platform also offers options for purchasing digital currencies via PayPal, Square, direct-to-bank transfers, and many other payment-processing methods. The platform charges a small fee of 1 percent per transaction in cases where sellers apply their own exchange rate.

https://preview.redd.it/p3igqf3n1ze31.jpg?width=808&format=pjpg&auto=webp&s=2eae56e0e8dbe452e1d327f24ecc96642de2bc70
Similar to the way Uber passengers and drivers are rated, LocalBitcoins applies a rating to each trader that uses the platform, and this rating is publicly displayed. Trades first have to undergo an escrow process to ensure that nobody will be scammed by using the platform. Once everything is verified, the funds and cryptocurrencies transfer between traders. LocalBitcoins takes a commission of 1 percent from sellers. W
Take a look at our LocalBitcoins Review to find out more.
Visit LocalBitcoins

CoinMama

CoinMama is a large bitcoin brokerage that allows users to acquire coins with their debit or credit cards. The platform issues small fees for transactions. To make up for this, however, the limits for how many bitcoins a user can buy are much higher in comparison to Coinbase. Users can acquire up to $5,000 of coins per day or up to $20,000 per month. All users need to do to use CoinMama is to set up an account, log in, and navigate to the profile page section to fill in personal information.

https://preview.redd.it/rafwelwn1ze31.jpg?width=808&format=pjpg&auto=webp&s=e1ee6986f8f04ebfb40f0110fabab246203c2c66
Following this, users will be introduced to a page that allows them to select how many bitcoins they would like to purchase, and once a fitting amount has been selected, users will be allowed to add their preferred payment methods and bitcoin addresses. Users will also be required to verify their phone number and email address. CoinMama does not require most users to upload their government-issued ID. After completing the aforementioned steps and passing the verification process, users will be able to acquire bitcoins through CoinMama.
Read our complete CoinMama Review here.
Visit CoinMama

CEX.IO

CEX.IO is one of the oldest cryptocurrency exchanges in the world. However, despite being referred to as a cryptocurrency exchange, CEX.IO can only be used with bitcoins and ethereum which are the main two trading pairs for alt-coins. If you want to purchase other currencies, you can use CEX and then a service named Changelly to convert them to many other cryptos.
The platform is registered with the FINCEN and applies KYC and AML principles. In other words, users have to completely verify their identity before they can get involved in any trades with this platform. Currently, the platform supports purchases with credit cards, wire transfers, or SEPA transfers for European residents.

https://preview.redd.it/dvrr5yto1ze31.jpg?width=808&format=pjpg&auto=webp&s=46fa36889957b7742bf1eb1f682c6c8c31c1f164
Once you enter a trade, the platform automatically calculates the price of the transaction and freezes the exchange rate for 120 seconds, which is quite convenient. However, many users note that there are occasional hidden fees. CEX.IO has a flat fee of 7 percent for anything involving fiat currencies. For example, if you acquire $100 in bitcoins, you will only receive $93 in coins.
Read our indepth CEX Review here to learn more.
Visit CEX

Bittrex

Bittrex is well established and highly regarded crypto trading platform, with many coins and tokens to choose from. The interface is not for complete beginner’s but you should be able to find your way around after a little while.

https://preview.redd.it/xa00ycmp1ze31.jpg?width=808&format=pjpg&auto=webp&s=e42aedf2b51ff01005847ec0867c69ba94e8a7dd
Read our full review of Bittrex here.
Unsurprisingly, Bittrex’s most popular trading pairs are BTC and ETH. It must be noted that the exchange currently does not offer any kind of fiat-to-crypto pairs, e.g. with U.S. dollars, euros, or British pounds). One thing investors can do is buy USDT (Tether tokens) via wired bank transfers in order to use USDT for crypto-to-crypto exchanges.
However, you’ll need to be fully verified and willing to slap down at least $10,000 USD for Bittrex to even consider the transfer. And we here at Blockonomi don’t remind this approach anyways; there’s been a lot of controversy surrounding Tether lately, and it’s best just to stay away for now until further developments actualize.
Visit Bittrex

Conclusion

Picking the ideal cryptocurrency exchange platform for your specific needs may be a difficult and time-consuming process. Remember to pay attention to the fees, reputation, security, verification processes, and geographical services an exchange platform has to offer. Remember that you are not limited to using only one cryptocurrency exchange. Hopefully, the information provided will assist you in deciding which exchange platform to use.
We have selected 6 Cryptocurrency exchanges here which are trustworthy and easy to use for beginners to get started building their investment portfolios.
Original article link: https://blockonomi.com/cryptocurrency-exchanges/
submitted by Tokenberry to NewbieZone [link] [comments]

XRP Subreddit Rules, Helpful Links & Answers to Common Questions - READ BEFORE POSTING

You must read our rules before participating in XRP
Helpful links and answers to common questions will be updated frequently so check back often
 
 
Ripple Subreddit Rules
https://www.reddit.com/XRP/wiki/rules
 
Helpful Links
Ripple Insights - Top 9 Frequently Asked Questions About Ripple and XRP (Jan 18, 2018)
Ripple’s Ultimate Strategy; why XRP will increase in value
Removing inefficiency of international payments with XRP
Reasons to expect XRP to be the most popular bridge asset
"XRP is competitive now in the USD/MXN corridor"
Ripple's Decentralization Strategy Update
XRP Market Performance
List of Ripple Partnerships and RippleNet Implementations
 
People to Follow
Ripple on Twitter
Brad Garlinghouse, Chief Executive Officer at Ripple
Yoshitaka Kitao, executive chairman, CEO and president of SBI Holdings, Inc.
David Schwartz, Chief Cryptographer at Ripple | aka u/sjoelkatz
Stefan Thomas, Former CTO at Ripple, Co-creator of Interledger. Founder at Coil
Patrick Griffin, Senior Vice President of Business Development at Ripple
Miguel Vias, Head of XRP Markets at Ripple
Warren Paul Anderson, Product Manager, xRapid/XRP at Ripple
 
Hodor's XRP Blog
TplusZero - research & analysis on #XRP
 
Most Discussed Topics and Answers
● The Case Against BankCoin - Banks need an independent digital asset to enable truly efficient settlement
● Ripple Technology → Fast Payments → XRP → Fast Settlement
● Solving the chicken and egg problem - FI's bridging payments with XRP & companies saving money by holding XRP
● Banks hold XRP under a contractual agreement | Build liquidity to bridge payments to raise the demand for XRP
● How the global adoption of xRapid (XRP liquidity tool) would affect the value of XRP
● Besides instant cross-border payment settlement, XRP can capture other use cases, value that doesn't yet exist
● XRP Ledger has numerous technological advantages over blockchain systems that use proof of work
● Ripple is committed to making the XRP Ledger as decentralized as they possibly can
● Quantum-resistant signature schemes - Adding a new scheme is easy and fast
 
XRP Wallets
You need 20 XRP to activate an XRP wallet. Fees can be changed by the validators through the voting process.
The reserve requirement protects the XRP Ledger from spam or malicious usage.
 
When you are sending XRP to an exchange, destination tag is very important.
Destination tag is not needed when you transfer XRP to your own wallet address.
 
● XUMM by XRPL Labs | Developers
XUMM is a free app (iOS and Android) that makes sending, receiving and interacting with the XRP ledger easy & secure.
 
● Ledger Nano S | Tutorial | FAQ | Buy Online | Ripple Recovery Tool
Cryptocurrency Hardware Wallet
When you get your Ledger wallet, you must reset it and get a new set of 24 words seed before using it.
 
● The World Exchange | How to Create a Cold Wallet for Ripple
A free user-friendly and purely client-side wallet
 
● GateHub | Support | Network Statistics
GateHub XRP Web Wallet
 
Tools
Check XRP wallet balance - Bithomp | Graph | Transactions
Print raw information about an account, a transaction or a ledger - RPC Tool
 
Exchanges
The best way to support XRP is to buy/sell XRP directly with your local currency, not with USDT, ETH, LTC, or BTC.
Available XRP pairs - AUD, BRL, CAD, CNY, EUR, GBP, IDR, INR, JPY, KRW, MXN, PHP, RUB, THB, TRY, UAH, USD, ZAR.
You can find the complete list of XRP exchanges and supported XRP/fiat pairs Here.
 
USD - US Dollar
Kraken | Bitstamp | Bitfinex | CEX.IO | Gatehub |
Exrates | Exmo | Mr. Exchange | Bitsane | Sistemkoin | BitBay | Quoine
 
EUR - Euro
Kraken | Bitstamp | Gatehub | CEX.IO | LiteBit.eu | Anycoin Direct
The Rock Trading | Bitsane | BitBay | BitFlip | Bitlish | Quoine
 
KRW - South Korean Won
Bithumb | Upbit | Coinone | Korbit | GOPAX | Coinrail
 
JPY - Japanese Yen
Kraken | Bitbank | Quoine | Mr. Exchange
 
CNY - Chinese Yuan
RippleFox | Ripple China | Fatbtc
 
TRY - Turkish Lira
Vebitcoin | BTCTurk | Koineks | Sistemkoin | Ovis
 
INR - Indian Rupee
Zebpay | Koinex | Unocoin | Bitbns | BuyBitcoin | BuyUcoin
 
AUD - Australian Dollar
BTC Markets
 
THB - Thai Baht
BX Thailand
 
MXN - Mexican Peso
Bitso
 
IDR - Indonesian Rupiah
Indodax | Quoine
 
RUB - Russian Ruble
Exmo | BitFlip
 
ZAR - South African Rend
Altcoin Trader
 
CAD - Canadian Dollar
Kraken
 
UAH - Ukrainian Hryvnia
Kuna | BTC Trade UA | BitFlip
 
GBP - British Pound
Cryptomate
 
BRL - Brazilian Real
Braziliex
 
SGD - Singapore Dollar
Quoine
 
AED - United Arab Emirates Dirham
BitOasis
 
PHP - Philippine peso
CX | Exchange
 
USDT - Tether
Poloniex | Bittrex | Huobi | OKEx | CoinBene | Upbit | HitBTC |
ZB.com | Gate.io | Sistemkoin
 
ETH - Ethereum
Binance | Bittrex | Gatehub | OKEx | OTCBTC | Upbit | HitBTC |
Bitsane | Mr. Exchange | CoinFalcon
 
LTC - Litecoin
Bitsane | Mr. Exchange
 
BTC - Bitcoin
Kraken | Bitstamp | Bitfinex | CEX.IO | Gatehub | Binance | Poloniex | Bittrex |
HitBTC | OKEx | Upbit | Huobi | BTCTurk | BTC Markets | CoinEgg | Exmo |
ZB.com | OTCBTC | Coinrail | Bits Blockchain | Triple Dice Exchange | Indodax |
Exrates | Qryptos | Gate.io | Bitsane | Bitso | Ovis | BCEX | BitBay |
Mr. Exchange | Orionx | CoinFalcon | Abucoins | BitFlip | LakeBTC | Coinbe
submitted by nvok to XRP [link] [comments]

Cicero Report - Professional Analysis of Metaverse

Cicero Report Publication: 13 November 2017
Introduction
Metaverse is the first China blockchain built based on the Proof of Work (“PoW”) consensus mechanism. Its founder is Eric Gu, who was also a co-founder of Neo, formerly known as Antshares.
Vision and direction
Metaverse is a decentralized platform that aims to redefine digital identities and smart assets through building a web of Smart Properties using the blockchain technology.
The universally unique and self-sovereign identities reside within the peer to peer network, which will primarily power all decentralized applications or smart contracts in the near future. The project imagines a blockchain in which people, organizations and institutions can transact with each other in an open ecosystem where digital value can be circulated freely.
To authenticate the digital asset transactions on the blockchain against real world assets, Metaverse plans to introduce intermediaries called Oracles. In essence, Metaverse aims to be the Chinese substitute for Ethereum where intermediaries will be parties whose vested interest lies in the kind of transactions taking place over the public blockchain.
Digital identities
Metaverse aims to allow users to build their own digital identity on Metaverse where records will last permanently on the blockchain. This is opposed to the anonymity that most other blockchain projects aim to achieve. The Metaverse team also actively dialogues with Chinese regulatory bodies to fulfil the necessary regulatory compliance.
Oracles
Oracles are intermediaries built on a decentralised reputation system. They act as links between Metaverse and the real world. This will enable greater participation from companies to join the Metaverse ecosystem.
Core Members
Founder and Chief Executive Officer, Eric Gu
Existing / Past Appointments • Co-founder of Neo / Antshares • Co-founder of Viewfin • Chairman of Metaverse Foundation • Organizer of the annual Shanghai Bitcoin meetup since 2014 • Senior Project Manager at the Government of Ontario from 2001 – 2010
Eric Gu is a Blockchain and Digital Asset expert, a well-known opinion leader in the Chinese Blockchain ecosystem, and a lifetime member of the Bitcoin Foundation. His vision, direction and strong leadership is a chief reason why we think Metaverse will be one of the most successful blockchain projects going into the year end of 2017 and 2018. He is a man of many connections and is known to have organized the annual Shanghai Bitcoin meetup every year since 2014.
Chief Technical Officer, Chen Hao
Existing / Past Appointments • CTO of Viewfin • Developer of Metaverse’s Digital Identity Protocol
Head of Global Development, Janice Shi
Current Projects
Zenair
Zenair is a smart technology system in the online travel agency (OTA) industry, based on Metaverse blockchain and endorsed by physical travel agents. In the Metaverse public blockchain, users can make use of its digital identity system to book the best hotel and travel deals, backed by blockchain technology. Zenair aims to disrupt the existing OTA industry by creating a decentralized, high-quality resource center for OTA through real-time data, dynamic distribution channels and services provided by travel management companies. Zenair is striving to integrate OTA with Metaverse’s digital identity system to create and shape a brand new model for the global OTA industry.
Zengold
Zengold creates crypto assets that are backed by physical gold and can be bought and transferred instantly anywhere in the world while having pertinent asset information securely stored onto an unalterable Metaverse blockchain.
Key Partnerships and Associations
ViewFin
Founded in 2014, ViewFin is the developer of Metaverse. As one of the most visionary fintech companies in China, ViewFin boasts a team of domestic and international specialists from various backgrounds in blockchain, finance, internet and consulting. The aim is to provide digital solutions using blockchain and smart contract technologies in areas such as finance, business, art, medical service and charity programs.
KICKICO and CyberTrust
Metaverse Foundation and the Moscow-based KICKICO platforms, in conjunction with Swiss-based CyberTrust, are partnering to create a fund to further enhance RussianChinese cooperation. This will be accomplished by funding businesses in both countries, as well as by supporting businesses to extend innovative business models from one country to another. KICKICO and Metaverse Foundation will provide support services to help facilitate this.
DraperDragon Innovation Fund
On 26 October 2017, DraperDragon Innovation Fund and the Metaverse Foundation officially announced their partnership to establish a digital asset investment fund. The DraperDragon Innovation Fund is a venture capital (VC) fund that focuses on Sino-US cross-border investments in emerging technology industries. It is a member of the global VC fund network Draper Venture Network (DVN), a global collective of VC investors established by famous American venture capitalist Tim Draper. The DVN currently consists of 17 member funds spread across more than 60 cities globally, including the Draper Fisher Jurvetson (DFJ) Fund, which including companies such as Hotmail, Skype, Baidu and Tesla in its portfolio. In the ten years since its inception, the DraperDragon Innovation Fund has provided venture capital to emerging technology companies related to China, maintaining a close relationship with them and successfully cultivating a new generation of emerging technology enterprises.
Chandler Guo
Chandler Guo, a famous angel investor into cryptocurrencies, is a big fan of Metaverse. He is one of the pioneers who invested into BTC and ETH.
Dubai Government
On 24 to 25 October 2017, Eric Gu was invited to attend the World Blockchain Summit held in Dubai. The Dubai government attached great importance to the World Blockchain Summit, where several high-ranking government officials attended the meeting and participated in the blockchain discussions actively. Metaverse team also talked about the specific issues about the development and application of blockchain with officials from Department of Economic Development and Dubai Health Authority.
Aion
Metaverse has recently announced an upcoming partnership with Aion, a multi-tier blockchain ecosystem designed to address the unsolved problems of scalability, privacy and interoperability in blockchain networks.
This partnership will focus on exploring the ability to transact native digital assets on the Metaverse protocol across other blockchains and providing access to new user bases, industry or geography based assets and the unique attributes of other blockchains. In addition, they will be investigating connecting and leveraging protocol-specific oracles across networks, exponentially increasing the quality and accessibility of trusted oracles.bases, industry or geography based assets and the unique attributes of other blockchains. In addition, they will be investigating connecting and leveraging protocol-specific oracles across networks, exponentially increasing the quality and accessibility of trusted oracles.
Recent Developments
Exchange Listings
In November 2017, Metaverse was listed on HitBTC, CEX.com and EXX.com in addition to their existing listing on Bitfinex. The team is also in the midst of discussion with other major cryptocurrency exchanges such as Bittrex and Binance to discuss the listing considerations. With these exchange listings, Metaverse is able to increase market exposure and reduce price manipulation.
Wallets
The team is actively upgrading the Metaverse wallet, and has recently released an open beta for its light wallet. The light wallet makes it more convenient for users to transact and verify their balances.
Soliciting Articles
Metaverse has launched a long-running community event that will reward content creators. Rewards are given to qualified article submissions to encourage community interest and participation.
Partnerships
Metaverse understands the importance of partnerships and associations in spurring business growth and development, and has been actively seeking them. In the past month alone, Metaverse has secured partnerships with both DraperDragon Innovation Fund as well as a multi-tier blockchain ecosystem called Aion. Also, Eric Gu has been actively participating in conferences, summits and discussions across the globe.
Why is Metaverse Undervalued?
Technology and platform
As opposed to Neo or Qtum platforms where users are required to have developers that are familiar with the intricacies of block applications, Metaverse does not require businesses to have blockchain development capability because it specifically tailors the platform for individual business. This in effect enables Metaverse to reach out to businesses that are interested in applying blockchain application but do not have the know-how expertise.
Furthermore, with the combination of digital identity, digital assets and oracles, Metaverse is able to create a holistic ecosystem to meet the demands of businesses. In short, Metaverse is able to integrate the key functions of Neo, Chainlink and Civic and offer a one-stop solution to businesses.
Team
Metaverse has a similar, if not bigger company size than Neo, with currently over 80 staffs employed at parent company ViewFin, a leading blockchain enterprise in China. Coincidentally, Neo has a similar setup for their project with parent company Onchain.
General Cryptocurrency Market Sentiment
Altcoin markets are suppressed in the short run, due to investors accumulating Bitcoin Cash for its fork which is scheduled to happen on the 14th of November. Once the uncertainty surrounding Bitcoin and Bitcoin Cash brews over, money will start flowing back into altcoins and Metaverse.
Future developments
Metaverse’s partnership with Moscow based KICKICO and crypto investment bank CyberTrust could create a stronghold in the ICO market in China and Russia. Over the next year, the fund partners plan to conduct about 100 ICO projects. These ICOs will likely be temporarily based overseas until the Chinese government comes out with clear regulations for ICOs in the country. Metaverse is also actively and regularly announcing partnerships, with the 2 most recent ones being Aion and the DraperDragon Fund. This bodes well for investors, as more partnerships equates to more resources for development on the project.
Conclusion
Metaverse is an exciting project that has immense potential to succeed. Its concept of digital identity positions itself well in the current cryptocurrency landscape of regulatory uncertainty. Eric Gu is a resourceful go getter, and there is no doubt that Metaverse will thrive under his leadership and direction. At its current valuation, Metaverse looks to be an absolute steal and could be one of the biggest winners going into the end of 2017 and 2018.
Source: https://www.ciceroreport.com/
submitted by ciceroreport to Metaverse_Blockchain [link] [comments]

Cicero Report - Professional Analysis of Metaverse

Cicero Report Publication: 13 November 2017
Introduction
Metaverse is the first China blockchain built based on the Proof of Work (“PoW”) consensus mechanism. Its founder is Eric Gu, who was also a co-founder of Neo, formerly known as Antshares.
Vision and direction
Metaverse is a decentralized platform that aims to redefine digital identities and smart assets through building a web of Smart Properties using the blockchain technology.
The universally unique and self-sovereign identities reside within the peer to peer network, which will primarily power all decentralized applications or smart contracts in the near future. The project imagines a blockchain in which people, organizations and institutions can transact with each other in an open ecosystem where digital value can be circulated freely.
To authenticate the digital asset transactions on the blockchain against real world assets, Metaverse plans to introduce intermediaries called Oracles. In essence, Metaverse aims to be the Chinese substitute for Ethereum where intermediaries will be parties whose vested interest lies in the kind of transactions taking place over the public blockchain.
Digital identities
Metaverse aims to allow users to build their own digital identity on Metaverse where records will last permanently on the blockchain. This is opposed to the anonymity that most other blockchain projects aim to achieve. The Metaverse team also actively dialogues with Chinese regulatory bodies to fulfil the necessary regulatory compliance.
Oracles
Oracles are intermediaries built on a decentralised reputation system. They act as links between Metaverse and the real world. This will enable greater participation from companies to join the Metaverse ecosystem.
Core Members
Founder and Chief Executive Officer, Eric Gu
Existing / Past Appointments • Co-founder of Neo / Antshares • Co-founder of Viewfin • Chairman of Metaverse Foundation • Organizer of the annual Shanghai Bitcoin meetup since 2014 • Senior Project Manager at the Government of Ontario from 2001 – 2010
Eric Gu is a Blockchain and Digital Asset expert, a well-known opinion leader in the Chinese Blockchain ecosystem, and a lifetime member of the Bitcoin Foundation. His vision, direction and strong leadership is a chief reason why we think Metaverse will be one of the most successful blockchain projects going into the year end of 2017 and 2018. He is a man of many connections and is known to have organized the annual Shanghai Bitcoin meetup every year since 2014.
Chief Technical Officer, Chen Hao
Existing / Past Appointments • CTO of Viewfin • Developer of Metaverse’s Digital Identity Protocol
Head of Global Development, Janice Shi
Current Projects
Zenair
Zenair is a smart technology system in the online travel agency (OTA) industry, based on Metaverse blockchain and endorsed by physical travel agents. In the Metaverse public blockchain, users can make use of its digital identity system to book the best hotel and travel deals, backed by blockchain technology. Zenair aims to disrupt the existing OTA industry by creating a decentralized, high-quality resource center for OTA through real-time data, dynamic distribution channels and services provided by travel management companies. Zenair is striving to integrate OTA with Metaverse’s digital identity system to create and shape a brand new model for the global OTA industry.
Zengold
Zengold creates crypto assets that are backed by physical gold and can be bought and transferred instantly anywhere in the world while having pertinent asset information securely stored onto an unalterable Metaverse blockchain.
Key Partnerships and Associations
ViewFin
Founded in 2014, ViewFin is the developer of Metaverse. As one of the most visionary fintech companies in China, ViewFin boasts a team of domestic and international specialists from various backgrounds in blockchain, finance, internet and consulting. The aim is to provide digital solutions using blockchain and smart contract technologies in areas such as finance, business, art, medical service and charity programs.
KICKICO and CyberTrust
Metaverse Foundation and the Moscow-based KICKICO platforms, in conjunction with Swiss-based CyberTrust, are partnering to create a fund to further enhance RussianChinese cooperation. This will be accomplished by funding businesses in both countries, as well as by supporting businesses to extend innovative business models from one country to another. KICKICO and Metaverse Foundation will provide support services to help facilitate this.
DraperDragon Innovation Fund
On 26 October 2017, DraperDragon Innovation Fund and the Metaverse Foundation officially announced their partnership to establish a digital asset investment fund. The DraperDragon Innovation Fund is a venture capital (VC) fund that focuses on Sino-US cross-border investments in emerging technology industries. It is a member of the global VC fund network Draper Venture Network (DVN), a global collective of VC investors established by famous American venture capitalist Tim Draper. The DVN currently consists of 17 member funds spread across more than 60 cities globally, including the Draper Fisher Jurvetson (DFJ) Fund, which including companies such as Hotmail, Skype, Baidu and Tesla in its portfolio. In the ten years since its inception, the DraperDragon Innovation Fund has provided venture capital to emerging technology companies related to China, maintaining a close relationship with them and successfully cultivating a new generation of emerging technology enterprises.
Chandler Guo
Chandler Guo, a famous angel investor into cryptocurrencies, is a big fan of Metaverse. He is one of the pioneers who invested into BTC and ETH.
Dubai Government
On 24 to 25 October 2017, Eric Gu was invited to attend the World Blockchain Summit held in Dubai. The Dubai government attached great importance to the World Blockchain Summit, where several high-ranking government officials attended the meeting and participated in the blockchain discussions actively. Metaverse team also talked about the specific issues about the development and application of blockchain with officials from Department of Economic Development and Dubai Health Authority.
Aion
Metaverse has recently announced an upcoming partnership with Aion, a multi-tier blockchain ecosystem designed to address the unsolved problems of scalability, privacy and interoperability in blockchain networks.
This partnership will focus on exploring the ability to transact native digital assets on the Metaverse protocol across other blockchains and providing access to new user bases, industry or geography based assets and the unique attributes of other blockchains. In addition, they will be investigating connecting and leveraging protocol-specific oracles across networks, exponentially increasing the quality and accessibility of trusted oracles.bases, industry or geography based assets and the unique attributes of other blockchains. In addition, they will be investigating connecting and leveraging protocol-specific oracles across networks, exponentially increasing the quality and accessibility of trusted oracles.
Recent Developments
Exchange Listings
In November 2017, Metaverse was listed on HitBTC, CEX.com and EXX.com in addition to their existing listing on Bitfinex. The team is also in the midst of discussion with other major cryptocurrency exchanges such as Bittrex and Binance to discuss the listing considerations. With these exchange listings, Metaverse is able to increase market exposure and reduce price manipulation.
Wallets
The team is actively upgrading the Metaverse wallet, and has recently released an open beta for its light wallet. The light wallet makes it more convenient for users to transact and verify their balances.
Soliciting Articles
Metaverse has launched a long-running community event that will reward content creators. Rewards are given to qualified article submissions to encourage community interest and participation.
Partnerships
Metaverse understands the importance of partnerships and associations in spurring business growth and development, and has been actively seeking them. In the past month alone, Metaverse has secured partnerships with both DraperDragon Innovation Fund as well as a multi-tier blockchain ecosystem called Aion. Also, Eric Gu has been actively participating in conferences, summits and discussions across the globe.
Why is Metaverse Undervalued?
Technology and platform
As opposed to Neo or Qtum platforms where users are required to have developers that are familiar with the intricacies of block applications, Metaverse does not require businesses to have blockchain development capability because it specifically tailors the platform for individual business. This in effect enables Metaverse to reach out to businesses that are interested in applying blockchain application but do not have the know-how expertise.
Furthermore, with the combination of digital identity, digital assets and oracles, Metaverse is able to create a holistic ecosystem to meet the demands of businesses. In short, Metaverse is able to integrate the key functions of Neo, Chainlink and Civic and offer a one-stop solution to businesses.
Team
Metaverse has a similar, if not bigger company size than Neo, with currently over 80 staffs employed at parent company ViewFin, a leading blockchain enterprise in China. Coincidentally, Neo has a similar setup for their project with parent company Onchain.
General Cryptocurrency Market Sentiment
Altcoin markets are suppressed in the short run, due to investors accumulating Bitcoin Cash for its fork which is scheduled to happen on the 14th of November. Once the uncertainty surrounding Bitcoin and Bitcoin Cash brews over, money will start flowing back into altcoins and Metaverse.
Future developments
Metaverse’s partnership with Moscow based KICKICO and crypto investment bank CyberTrust could create a stronghold in the ICO market in China and Russia. Over the next year, the fund partners plan to conduct about 100 ICO projects. These ICOs will likely be temporarily based overseas until the Chinese government comes out with clear regulations for ICOs in the country. Metaverse is also actively and regularly announcing partnerships, with the 2 most recent ones being Aion and the DraperDragon Fund. This bodes well for investors, as more partnerships equates to more resources for development on the project.
Conclusion
Metaverse is an exciting project that has immense potential to succeed. Its concept of digital identity positions itself well in the current cryptocurrency landscape of regulatory uncertainty. Eric Gu is a resourceful go getter, and there is no doubt that Metaverse will thrive under his leadership and direction. At its current valuation, Metaverse looks to be an absolute steal and could be one of the biggest winners going into the end of 2017 and 2018.
submitted by Ants2Dragons to ethtrader [link] [comments]

Cicero Report - Professional Analysis of Metaverse

Cicero Report Publication: 13 November 2017
Introduction
Metaverse is the first China blockchain built based on the Proof of Work (“PoW”) consensus mechanism. Its founder is Eric Gu, who was also a co-founder of Neo, formerly known as Antshares.
Vision and direction
Metaverse is a decentralized platform that aims to redefine digital identities and smart assets through building a web of Smart Properties using the blockchain technology.
The universally unique and self-sovereign identities reside within the peer to peer network, which will primarily power all decentralized applications or smart contracts in the near future. The project imagines a blockchain in which people, organizations and institutions can transact with each other in an open ecosystem where digital value can be circulated freely.
To authenticate the digital asset transactions on the blockchain against real world assets, Metaverse plans to introduce intermediaries called Oracles. In essence, Metaverse aims to be the Chinese substitute for Ethereum where intermediaries will be parties whose vested interest lies in the kind of transactions taking place over the public blockchain.
Digital identities
Metaverse aims to allow users to build their own digital identity on Metaverse where records will last permanently on the blockchain. This is opposed to the anonymity that most other blockchain projects aim to achieve. The Metaverse team also actively dialogues with Chinese regulatory bodies to fulfil the necessary regulatory compliance.
Oracles
Oracles are intermediaries built on a decentralised reputation system. They act as links between Metaverse and the real world. This will enable greater participation from companies to join the Metaverse ecosystem.
Core Members
Founder and Chief Executive Officer, Eric Gu
Existing / Past Appointments • Co-founder of Neo / Antshares • Co-founder of Viewfin • Chairman of Metaverse Foundation • Organizer of the annual Shanghai Bitcoin meetup since 2014 • Senior Project Manager at the Government of Ontario from 2001 – 2010
Eric Gu is a Blockchain and Digital Asset expert, a well-known opinion leader in the Chinese Blockchain ecosystem, and a lifetime member of the Bitcoin Foundation. His vision, direction and strong leadership is a chief reason why we think Metaverse will be one of the most successful blockchain projects going into the year end of 2017 and 2018. He is a man of many connections and is known to have organized the annual Shanghai Bitcoin meetup every year since 2014.
Chief Technical Officer, Chen Hao
Existing / Past Appointments • CTO of Viewfin • Developer of Metaverse’s Digital Identity Protocol
Head of Global Development, Janice Shi
Current Projects
Zenair
Zenair is a smart technology system in the online travel agency (OTA) industry, based on Metaverse blockchain and endorsed by physical travel agents. In the Metaverse public blockchain, users can make use of its digital identity system to book the best hotel and travel deals, backed by blockchain technology. Zenair aims to disrupt the existing OTA industry by creating a decentralized, high-quality resource center for OTA through real-time data, dynamic distribution channels and services provided by travel management companies. Zenair is striving to integrate OTA with Metaverse’s digital identity system to create and shape a brand new model for the global OTA industry.
Zengold
Zengold creates crypto assets that are backed by physical gold and can be bought and transferred instantly anywhere in the world while having pertinent asset information securely stored onto an unalterable Metaverse blockchain.
Key Partnerships and Associations
ViewFin
Founded in 2014, ViewFin is the developer of Metaverse. As one of the most visionary fintech companies in China, ViewFin boasts a team of domestic and international specialists from various backgrounds in blockchain, finance, internet and consulting. The aim is to provide digital solutions using blockchain and smart contract technologies in areas such as finance, business, art, medical service and charity programs.
KICKICO and CyberTrust
Metaverse Foundation and the Moscow-based KICKICO platforms, in conjunction with Swiss-based CyberTrust, are partnering to create a fund to further enhance RussianChinese cooperation. This will be accomplished by funding businesses in both countries, as well as by supporting businesses to extend innovative business models from one country to another. KICKICO and Metaverse Foundation will provide support services to help facilitate this.
DraperDragon Innovation Fund
On 26 October 2017, DraperDragon Innovation Fund and the Metaverse Foundation officially announced their partnership to establish a digital asset investment fund. The DraperDragon Innovation Fund is a venture capital (VC) fund that focuses on Sino-US cross-border investments in emerging technology industries. It is a member of the global VC fund network Draper Venture Network (DVN), a global collective of VC investors established by famous American venture capitalist Tim Draper. The DVN currently consists of 17 member funds spread across more than 60 cities globally, including the Draper Fisher Jurvetson (DFJ) Fund, which including companies such as Hotmail, Skype, Baidu and Tesla in its portfolio. In the ten years since its inception, the DraperDragon Innovation Fund has provided venture capital to emerging technology companies related to China, maintaining a close relationship with them and successfully cultivating a new generation of emerging technology enterprises.
Chandler Guo
Chandler Guo, a famous angel investor into cryptocurrencies, is a big fan of Metaverse. He is one of the pioneers who invested into BTC and ETH.
Dubai Government
On 24 to 25 October 2017, Eric Gu was invited to attend the World Blockchain Summit held in Dubai. The Dubai government attached great importance to the World Blockchain Summit, where several high-ranking government officials attended the meeting and participated in the blockchain discussions actively. Metaverse team also talked about the specific issues about the development and application of blockchain with officials from Department of Economic Development and Dubai Health Authority.
Aion
Metaverse has recently announced an upcoming partnership with Aion, a multi-tier blockchain ecosystem designed to address the unsolved problems of scalability, privacy and interoperability in blockchain networks.
This partnership will focus on exploring the ability to transact native digital assets on the Metaverse protocol across other blockchains and providing access to new user bases, industry or geography based assets and the unique attributes of other blockchains. In addition, they will be investigating connecting and leveraging protocol-specific oracles across networks, exponentially increasing the quality and accessibility of trusted oracles.bases, industry or geography based assets and the unique attributes of other blockchains. In addition, they will be investigating connecting and leveraging protocol-specific oracles across networks, exponentially increasing the quality and accessibility of trusted oracles.
Recent Developments
Exchange Listings
In November 2017, Metaverse was listed on HitBTC, CEX.com and EXX.com in addition to their existing listing on Bitfinex. The team is also in the midst of discussion with other major cryptocurrency exchanges such as Bittrex and Binance to discuss the listing considerations. With these exchange listings, Metaverse is able to increase market exposure and reduce price manipulation.
Wallets
The team is actively upgrading the Metaverse wallet, and has recently released an open beta for its light wallet. The light wallet makes it more convenient for users to transact and verify their balances.
Soliciting Articles
Metaverse has launched a long-running community event that will reward content creators. Rewards are given to qualified article submissions to encourage community interest and participation.
Partnerships
Metaverse understands the importance of partnerships and associations in spurring business growth and development, and has been actively seeking them. In the past month alone, Metaverse has secured partnerships with both DraperDragon Innovation Fund as well as a multi-tier blockchain ecosystem called Aion. Also, Eric Gu has been actively participating in conferences, summits and discussions across the globe.
Why is Metaverse Undervalued?
Technology and platform
As opposed to Neo or Qtum platforms where users are required to have developers that are familiar with the intricacies of block applications, Metaverse does not require businesses to have blockchain development capability because it specifically tailors the platform for individual business. This in effect enables Metaverse to reach out to businesses that are interested in applying blockchain application but do not have the know-how expertise.
Furthermore, with the combination of digital identity, digital assets and oracles, Metaverse is able to create a holistic ecosystem to meet the demands of businesses. In short, Metaverse is able to integrate the key functions of Neo, Chainlink and Civic and offer a one-stop solution to businesses.
Team
Metaverse has a similar, if not bigger company size than Neo, with currently over 80 staffs employed at parent company ViewFin, a leading blockchain enterprise in China. Coincidentally, Neo has a similar setup for their project with parent company Onchain.
General Cryptocurrency Market Sentiment
Altcoin markets are suppressed in the short run, due to investors accumulating Bitcoin Cash for its fork which is scheduled to happen on the 14th of November. Once the uncertainty surrounding Bitcoin and Bitcoin Cash brews over, money will start flowing back into altcoins and Metaverse.
Future developments
Metaverse’s partnership with Moscow based KICKICO and crypto investment bank CyberTrust could create a stronghold in the ICO market in China and Russia. Over the next year, the fund partners plan to conduct about 100 ICO projects. These ICOs will likely be temporarily based overseas until the Chinese government comes out with clear regulations for ICOs in the country. Metaverse is also actively and regularly announcing partnerships, with the 2 most recent ones being Aion and the DraperDragon Fund. This bodes well for investors, as more partnerships equates to more resources for development on the project.
Conclusion
Metaverse is an exciting project that has immense potential to succeed. Its concept of digital identity positions itself well in the current cryptocurrency landscape of regulatory uncertainty. Eric Gu is a resourceful go getter, and there is no doubt that Metaverse will thrive under his leadership and direction. At its current valuation, Metaverse looks to be an absolute steal and could be one of the biggest winners going into the end of 2017 and 2018.
submitted by Ants2Dragons to CryptoCurrency [link] [comments]

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