LINK Support Arrives at Flyp.me Accountless Cryptocurrency Exchange

Sometimes, it seems like there isn’t anything blockchains can’t do. While that may not be 100% true, Chainlink (LINK) is a cryptocurrency project trying its best to make that happen.

Chainlink is an oracle — if you’re thinking of the oracle from The Matrix, then you’re not quite on the right track. While Chainlink can’t predict the future (yet), it can communicate off-chain data back to blockchain smart contracts.

At Flyp.me accountless cryptocurrency exchange, you can now buy and sell LINK token, Chainlink’s native cryptocurrency asset. Best of all, Flyp.me doesn’t require you to sign up for an account to trade LINK, making it an instance crypto exchange that is easy to use.

LINK has been grabbing all-time high prices all year long in a seemingly unstoppable bull run. Ready to grab some for yourself? Head over to Flyp.me and complete three easy steps to get LINK locked and loaded in your wallet.

  1. Select the cryptocurrency you will use to exchange, then enter your LINK wallet destination address and the amount to be exchanged.
  2. Enter a refund address for the cryptocurrency wallet you are exchanging from (ie. if trading with BTC, enter an BTC wallet address).
  1. Send cryptocurrency to the Flyp.me transfer wallet address.

That’s it! Flyp.me will automatically deposit LINK to your specified destination wallet.

Going back to Chainlink, oracles, and off-chain data — let’s unpack those concepts, shall we?

Chainlink Builds Bridges Between Blockchains and Real World Data

Blockchains are meant to change the world, but how can they do that if they can’t talk to the world in the first place?

This question gets to one of blockchain’s core dilemmas. In themselves, blockchains are generally unable to “speak” with anything outside of the network.

Imagine that you want to create a blockchain-based gambling application that allows for bets to be placed on real-world events, such as government election results.

Without having a bridge between real-world event data and the blockchain smart contracts running the application, there is simply no way for the app to automatically determine the result and issue winnings while collecting losses.

Chainlink changes all of that. Between smart contracts and real world data is where Chainlink software inserts itself, enabling communication between the two in a bi-directional manner.

What’s so revolutionary about Chainlink blockchain oracle software? Well, now blockchain smart contracts running apps can pull data from anywhere, anytime, and use it to in-app while also passing blockchain data to non-blockchain systems.

Chainlink (LINK) Token Explained

In a nutshell, anytime a Chainlink network operation takes place, it first requires a request contract and a fulfillment of that request by a node operator.

Like any transaction, a medium of exchange — better known as currency — is required for request contract parties to pay node operators for Chainlink network services.

As you may have guessed, LINK is the currency used in these scenarios.

Additionally, LINK is also used as a staking currency by network validators tasked with keeping the network honest.

About Flyp.me
Flyp.me is the professional tool for instant crypto trading. There is no registration necessary and no hidden analytics tracking you. Moreover, Flyp.me does not control users’ funds, so your private keys are not at risk of being held on third-party services.

Flyp.me currently supports over 30 cryptocurrencies and is continuing to add more: Bitcoin, Ethereum, Zcash, Augur, Litecoin, Syscoin, Pivx, Blackcoin, Dash, Decred, Dogecoin, Flyp.me Token, Gamecredits, Peercoin, Aidcoin, 0x, Vertcoin, Basic Attention Token, BLOCKv, Groestlcoin, DAI, Power Ledger, Enjincoin, TrueUSD, Cardano, Storj, Monero, Maker, TetherUS, DigiByte, USD Coin, MANA, Enigma, Aragon, and now Chainlink.

 

 

STR Capital Review –– For Those Who Want to Trade With No Worries

Trading in the financial market could be likened to surfing in the wild sea. Do it right, it would be a fun ride, but do it wrong, it could be disastrous! No matter how professional a surfer could be, there are some essential tools and skills required for successful and safe surfing. These skills and tools are necessary for both amateur and professional surfers.

A vital tool in surfing is the surfboard. It is so essential that if there is no surfboard, then there is no surfing. Similarly, a vital tool for online traders is a broker. Just like a surfboard needs to be in good condition and reliable to achieve a smooth ride, a broker needs to be reliable to avoid disaster.

This disaster can include loss of hard-earned money. Traders often find it challenging to see a reliable broker, but some online brokers have put in extra effort to make trading smooth for their customers.

One of these noteworthy brokers is STR Capital. This review is going to highlight the distinctive features of this broker and then you can decide if you want to trade on the platform. First,  let us see what the broker is all about.

STR Capital

STR Capital is an online trading platform; it is a strong advocate of transparency, and so clients can rest assured that their funds are in the safest hands. The broker was created with the goal of creating a comfortable atmosphere for traders trading on their platform.

 And because they rely on their customers’ success as a fundamental measure of their success, they strive to provide features like an expanding asset selection, 5-star support, and personal assistance.

What CFDs Can I Trade On This Broker?

On STR Capital, the following CFDs can be traded:

  • Commodity CFDs: Commodity trading is an age-long practice. It was so important that success in this form of trade was used to measure the strength of an empire. Commodities that were traded in the past ranged from seashells to spices.

But today commodities like precious metals (gold, silver, platinum, and copper ), energy (crude oil, gasoline, heating oil, and natural gas), Livestock and meat (feeder cattle, pork bellies, live cattle, and lean hogs), agricultural (cotton, coffee, soybeans, corn, wheat, sugar, cocoa, and rice) are traded.

  • Currency CFDs

Being one of the most liquid markets in the world, currency trading appears to be the most popular financial market with trillions of dollars exchanged daily. On STR Capital, you can invest in CFDs for the most traded currency pairs.

  • Stocks or equities: This refers to shares owned by a publicly-traded company. These shares can be sold on stock exchanges like NYSE or NASDAQ and benefits are received in the form of a rise in share price or in the form of dividends. The asset class of equities includes small-cap stocks, mid-cap stocks, and large-cap stocks.
  • Index CFDs: Index refers to the collection of stocks from companies in different economies and used to determine the market situation. It can also be used for welfare or poverty analysis.

What Type of Accounts Are Offered On STR Capital?

Similar to most brokers, STR Capital offers a variety of trading accounts to suit each trader’s needs in terms of potential benefits and risks. These accounts depend on an individual trader’s trading experience. The trading account includes:

  • The Basic Account: This can also be termed as a beginner’s account since it is meant for traders who are new into trading. On this account, you can trade with a minimum of 500 Euros and a maximum of 9,999 Euros, and the account can be managed for just two weeks. It has a  loyalty bonus and insurance level of up to 10%.  

On this account, traders are notified with alerts, they get a signal once every day and the market is reviewed every day. There are also a couple of features present in other accounts that the basic account doesn’t have. For instance, the basic account does not have an advanced chart and doesn’t receive exclusive updates.  

The basic account also doesn’t have a savings account, proper money management, and no group of analysts like other higher accounts.

  • The Silver Account: This account allows funds from 10,000 Euros to 99,999 Euros. Unlike the basic account, the silver account has an advanced chart; receives trading alerts, has a loyalty bonus, and insurance level of up to 20%.

Traders with the silver account receive a signal every day and the market is reviewed every day. Just like the basic account, the silver account does not receive exclusive updates, does not have a group of analysts and money cannot be managed on the account.

  • The Gold Account: This is a higher account that allows funds of 100,000 Euros to 249,000 Euros. Traders on this account are offered a loyalty bonus and insurance level of up to 30%. This account can be managed for as long as the trader wants, there is no specific time to close the account. 

You will receive trading alerts and discounts on this account twice each day. This account also has a group of analysts, advanced charts, savings account, receives the daily market review, and exclusive update.

  • The Platinum Account: The platinum account accepts funds of a minimum of 250,000 Euros to a maximum of 499,999 Euros. This account has more to offer in comparison with the basic, silver, and gold account. For instance, traders on this account gain up to 60% of loyalty bonuses and insurance levels.

The account doesn’t have a limited time of ownership, the durability of the account depends on the owner. There are a number of things that this account also offers, like, advanced charts, exclusive updates, daily market review, trading alerts, savings account, money management, and a group of analysts. This account also receives a signal of up to 3 times daily.

  • The Diamond Account: This account allows not less than  500,000 Euros and not more than 1,000,000 Euros. Advanced charts, trading alerts, and exclusive updates are provided. Traders using this account receive loyalty bonuses and insurance levels of up to 80%.

The durability of the account is unlimited (i.e no specific time to close the account) the same as the number of signals received. The account feature also includes a savings account, daily market review, money management, and a group of analysts.

  • The Millionaire Club: This is the biggest account of this broker. This account is meant for experienced traders since a very huge amount of money is involved to trade with this account. The least amount allowed on this account is 1,000,000 Euros.

The millionaire club has better features than other accounts; for example,100%  loyalty bonus and insurance level are offered.  Advanced charts, exclusive updates, trading alerts, and savings accounts are also provided. 

Like the platinum account and the diamond account, the millionaire account does not have an expiry date. There is no limit to the signals sent on this account. The account also receives a daily market review and a group of analysts.  

Account Opening Requirements

A number of information and documents are required before one can open a trading account on STR Capital.

  • Bank Statement: This is to ensure that the account information, name and address a client provided is in sync with the account information with the bank, especially for cases of wire transfer.
  • Clear pictures or scanned copies of the client’s credit or debit card: it is a familiar knowledge that criminals can steal a person’s credit card information ( like the card number, its expiry date, and even its CVV number). They can use such information to sign in to online services.

To avoid this kind of problem, clients are required to upload a clear picture or scanned copies of their credit or debit cards with all the information visible. This process is done to ensure that the person providing the information is the original owner of the card.

  • Clear pictures or scanned copies of the client’s utility bill: It is normal for friends, relatives, or our social media friend to have our address. Someone else can use that address to sign up online.

Clients are required to provide a picture of their utility bill. This process is done to verify that the physical address provided is correct.

  • Any ID Information: Clients are required to submit the information contained in either their driver’s license, passport, or any locally acceptable form of identification when filling the web forms to sign up to STR Capital. Pictures of any of the documents should be included too. 

These precautions are taken to avoid any fraudulent activity taking place while ensuring that the client is protected.

KYC Policy And AML Policy

KYC Policy stands for Know Your Customer policy while AML Policy stands for Anti-Money Laundering policy. These two policies are put in place to allow the company or any of its affiliates not to permit any activity that facilitates the use of money for criminal or illegal purposes in their knowledge.  Under STR Capital any funding that assists terrorist organizations, terrorist activities or criminal actions, etc is considered illegal.

Money laundering is when a person, company, or entity’s source of money is illegal but still tries to present it as lawful money to avoid legal actions. The stages involved in money laundering are; the production stage, the placement stage, the layering stage, and the integration stage.

STR Capital puts their customer’s safety as a priority and so obligates every STR Capital employees, partners and affiliates to adhere to the Anti-Money Laundering and Know Your Customer policies, This measure is taken to ensure that customers trade in a safe environment. 

In addition, STR Capital has provided educational training programs to train its employees, partners, and affiliates on Anti-Money Laundering and Know Your Customers policies. These policies are provided under FATF’s Money Laundering Recommendations, Basel Committee of Banking Supervision’s account opening guidelines from the year 2003, and Customer Due Diligence for Banks.

Privacy Policy

To ensure a trading system free of money laundering and identity fraud, clients are obligated to comply with the privacy policy laid out by STR Capital while providing information on the website.

They can do so by providing all requested information at the time of signup, ensuring that all information provided is error-free, and providing up to date information. If there are changes in information like address or banking information, STR Capital must be notified immediately through a phone call.

Sometimes STR Capital might use a client’s information for advertisement on the website.  Clients have the right to opt-out of the advertisement placement at the signing-up stage or notify the company, the later part would take ten business days to make the needed changes. 

Deposit Procedure:

To make a deposit on STR Capital client must follow these steps:

  • Locate the “Deposit” option on the account dashboard.
  • Sign in to the account.
  • Choose the “deposit” option from the banking section.
  • Choose the method of deposit ( This could either be bank wire transfers, credit cards, or debit cards).
  • Fill in the details for the particular method of deposit(Ensure that the information provided is correct).

The speed of a successful deposit operation depends on the method of deposit. The Credit card or debit card method can be done within seconds or minutes making it the fastest method. The bank wire transfer method can take up to 45 working days but it is the safest method. 

Withdrawal Policy

Before a client can withdraw funds, he or she must have traded with the deposited funds for at least 7 working days and made profits equal to the deposited funds. Failure to have done so will attract a withdrawal fine of $250.

After that, the client would choose the right method of withdrawal ( this method must be the same as the method of deposit) and provide the required information.

Frequently Asked Questions About STR Capital

  • Will I be charged extra money for either deposit or withdrawal?

You will be charged a withdrawal fee of $250 if you haven’t traded with the account for at least 7 working days or haven’t made profits equal to the deposited funds.

  • How can I contact STR Capital?

If you have any questions about your account or the platform or you encountered an unexplained error? Contact the Customer Service department via phone on +44 2039661919 or email at support@str-capital.com.

Conclusion

In summary, STR Capital is a reliable broker that will help you surf the turbulent sea of the financial market safely. It offers different CFDs like commodities, stocks & equities, currencies, and indices.

On this broker, you can open either a basic account, a silver account, a gold account, a platinum account, a diamond account, or a millionaire account. A trader can open any of the accounts depending on his level of experience and amount of funds to be deposited.

The AML and KYC policy of this platform ensures that customers trade in an environment free of money laundering and identity crime. Traders trading on this platform can rest assured that their funds are in reliable hands.

Currency.com Review: What You Need to Know Before Trading on The Platform

Currency.com is fast becoming one of the best reliable crypto exchanges and trading platforms in the world.

Beyond offering investors and traders the opportunity to access a regulated financial market, the platform unlocks access to diverse assets by tokenizing the underlying asset and allowing trading.

In this review, we will take a closer look at Currency.com and how the platform solves these problems.

An Overview

Currency.com brands itself as the first regulated tokenized security exchange, providing a robust market to trade over 1,300 tokens alongside cryptocurrencies such as Bitcoin, Ethereum, Litecoin, and XRP.

The platform has set a target to expand its tokenized securities list and offer up to 10,000 instruments to its clients, including indices and government bonds, which are not readily available on other exchanges.

Another unique offering is the chance for investors to trade other financial markets using their cryptocurrencies as collateral. In other words, traders can invest in stocks, bonds, currencies, commodities, without directly swapping their crypto for these assets and also receive profits in crypto.

Meanwhile, it would take an experienced trader or someone knowledgeable in blockchain technology to understand what tokenized security is. We’ll explain this next since it is the first message you will meet on the Currency.com website.

What are Tokenized Securities?

Tokenized security is a digital version of traditional securities such as bonds, shares, real estate, etc. This time though, these assets are represented by a blockchain-based token that you can redeem for the underlying asset at any time.

Most times, tokenized securities are confused with security tokens, but they are two different things. Tokenized securities are real-world assets that are tied to blockchain technology, meaning that they primarily exist outside the blockchain.

On the other hand, security tokens are unique digital assets that represent a venture system and embody qualities of traditional securities. They are blockchain native assets that do not exist off the blockchain but utilizes either traditional income sharing model or their conditions.

The only similarity between the tokenized securities and the security token shares is that they are regulated, unlike initial coin offering (ICO) tokens.

Features of Currency.com

Diverse Markets

A primary benefit of tokenization is that it unlocks access to markets that were previously difficult to access. Currency.com makes use of this technology to allow investors to buy and sell stocks, commodities, and indices tracking the world’s largest companies and precious metals.

In summary, you can use the platform to trade:

  • Cryptocurrencies
  • Tokenized Shares
  • Tokenized Commodities
  • Tokenized Indices
  • Currency Pairs

Deposits and Withdrawals

The ease of moving money off and on an exchange is another factor that customers consider when choosing a cryptocurrency securities exchange or trading platform.

On Currency.com, users can deposit and withdraw funds using traditional payment methods, including different credit cards, such as Visa and Mastercard, Yandex Money, SEPA, and Wire Transfer.

Meanwhile, cryptocurrency holders looking to trade on the platform can also fund their accounts via Bitcoin or Ethereum. This option is preferred by many since these cryptocurrencies are more reliable when traditional payment systems go offline.

Security Features

Stories of investors losing funds or personal information on a cryptocurrency exchange are no longer new. While many would blame traders for leaving funds on such a platform, it is fair to consider that the trading platform owes it to its users to secure funds using the best possible means.

To a significant extent, Currency.com implements strict security standards. The exchange’s servers are stored in the LD4 data center while all its employees utilize standard military encryption to store and protect clients’ data. Every single communication is encrypted using HTTPs.

Interestingly, Currency.com claims to store almost 97% of the user’s fund in a cold wallet to prevent substantial losses as a result of hackers. Also, the exchange maintains a separate account from the one used to store customer funds, and would never use this money for even lending traders on its platform.

Lastly, while some do not like submitting their personal information on a third-party platform, Currency.com adheres strictly to Know Your Customer (KYC) and the Anti-money Laundering protocols.

You have to submit some personal data to access the premium features of the platform, even though you can trust that this information will be encrypted and secured to prevent third-party access.

To further boost security, users can protect their trading accounts with a strong password and two-factor authenticator (2FA) from Google.


Trading Interface

Currency.com is designed in a way that makes trading easy for both beginners and expert traders. It is easy to navigate between elements and windows, while the automatic interface is easy to master for even new traders.

Guaranteed stop-loss, ability to set profit levels when placing orders, charting tools to mention but a few, are some of the variety of trading tools that  traders can enjoy on Currency.com.

Web and Mobile

Aside from offering a fully-padded trading interface, Currency.com also provides an easy to setup mobile app that is available both on Google Play Store and Apple Store.  This way, traders could profit from market moves that take place outside their usual trading window on the web-interface.

Company Regulation and Audits

In the early parts of  2019, Currency.com was launched, and in that same year, it became the first regulated tokenized security exchange in the world, leaving a model for other exchanges to follow.

The company is owned and managed by Currency Com Bel LLC. It is located and registered in Minsk, Belarus, with registration number 193130368. It also has other branches in London and Gibraltar.

As of today, the company boasts of up to 100 employees with Ivan Gowan as its CEO, Alexander Schevchenko, as the General Manager, Nigel Crome, as the Head of Compliance, Victor Pergament, as the Head of Project Management and Dmitry Ogievic as the Head of Development.

The three regulators of Currency.com are the U.K Financial Conduct Authority, Cyprus Securities and Exchange Commission, and the Belarusian 8th decree on the development of the digital economy.

With all these regulators in place, Currency.com strictly adheres to the Know Your Customer (KYC) and the Anti-money Laundry (AML) protocols. It is also noteworthy that Currency.com takes good care of consumer data because they follow the guidelines on consumers’ data protection.

Currency.com is audited by a major accounting firm, “Ernst and Young.” With this accounting fame inspecting the exchange, it is easy to sense that tokenized securities are valid.

With all these features in place, it is not surprising to see Currency.com earn its name as one of the best innovative and trustworthy brokers. It has bagged many awards. It got an award for being “the Best cryptocurrency exchange CIS”  in 2019 and received many accolades from different sources for a job well done.

For easy access to the platform, it has been translated into several languages; English, Russian, Korean, Spanish, Portuguese, Vietnamese, Thai, and Chinese.

Learn-to-Trade With a Demo Account

The journey of a thousand miles begins with a step. Currency.com offers an extensive gallery of resources that can help new traders hone their trade and go from beginner to professional traders within the shortest possible time.

For instance, you will find a trading dictionary and guides covering different sectors of the financial markets, including cryptocurrencies.

To crown it all, you can try to acquire hands-on experience of what it means to trade without putting any money on the line. The platform offers a 10BTC demo trading account with up to 1:100 leverage to help you build confidence.

Margin/Leveraged Trading

Margin trading is the practice of trading the market with more capital than you have in your account, using funds borrowed from the exchange platform. The benefit is that profits would be multiplied based on the leveraged amount, in the same way that a wrong trade could result in substantial losses.

Currency.com offers margin trading across its broad market with up to 1:500 leverage available to verified account users with substantial amounts as collateral.

Note, however, that margin trading is risky, so we wouldn’t recommend that you use this option if you’re new to trading. If you must, use lower margins to trade and increase your ratio as you get more experienced.

News and Analysis

One challenge that traders often experience is finding a single place to aggregate news that can help them place the right trades.

Currency.com provides such a service via its ‘News Section’ covering every nook and cranny of the financial market. You can find news on cryptocurrency, forex, real estate, stocks, and international trade.

Additionally, the site publishes daily analysis for different markets, giving traders a hint of which trades could be profitable, and which ones to avoid.

Affiliate and Referral Program

Currency.com also has a robust affiliate and referral program for site owners looking for a new revenue source.

Aside from providing you with the right marketing tools and daily reports, promoters can expect up to 50% of the revenue brought in by their referrals during the first six months, while the referred client will enjoy a 12% trading discount over the same period.

The only limitations are that the platform is yet to integrate cryptocurrencies as one of its withdrawal options for affiliates, while ads are not displayed to internet users in certain countries.

Commissions are paid in USD and must be withdrawn via bank transfer.

Minimum Deposits and Fees

The barrier to trading on the exchange is lowered for new trading with the minimum deposit amount fixed at 0.01BTC and Ethereum at 0.1.

Similarly, the fees that are associated with trading tokenized securities and marginal trading are very competitive on Currency.com compared to other exchanges. Customers are even given a refund for placing limit orders on the books with 0.075% is the cryptocurrency taker fee.

Still, on the fees, Currency.com charges withdrawal and deposits. The rate of charges comes down to the payment method a trader decides to use for these actions.

For example, when a trader uses a card such as VISA or Mastercard to make payments, the minimum deposit is 10 USD/EUR, while the maximum is $20,000 or its equivalent in the deposit currency..

If a trader decides to use bank transfer, the minimum deposit may be 50 USD/EUR, there are no deposit fees charged while only a 0.15% fee is charged for withdrawals done via bank transfer.

Card purchases for crypto on Currency.com is slightly lower when compared to exchanges like Coinbase.

For example, when a cryptocurrency is bought via card by a trader on Coinbase, it could cost up to 0.4% to settle the fees. On Currency.com, the fee is just 3.5%, making moving into a crypto a little cheaper for investors.

Meanwhile, depositing cryptocurrency on Currency.com is free, but a fraction will have to be paid for withdrawal.

Restricted Countries

Like most offshore cryptocurrency and trading platforms, Currency.com is not for U.S residents, or anyone residing in any of the OFAC sanctioned jurisdictions. According to its website, the platform does not accept users from Albania, Bahamas, Barbados, Botswana, Cambodia, Ghana, Iceland, Jamaica, Mauritius, Mongolia, Myanmar, Nicaragua, Pakistan, Panama, Syria, Uganda, Yemen, Zimbabwe, Democratic People’s Republic of Korea (DPRK), and Iran.

Final Words

In this article, we have covered most of the information you need to know about Currency.com, including the platform’s features, regulatory and security standards, deposit and withdrawal fees, and a lot more.

On a scale of 1-10, Currency.com would score a high 8 mark, and should be considered by beginner traders looking to start their trading, or experienced traders seeking new trading platforms to explore.

Flyp.me Crypto-to-Crypto Accountless Exchange Launches Android App

Bitcoin Press Release: Flyp.me has announced a new app for Android users providing easy access to the world’s pioneering accountless cryptocurrency exchange with support for over 30 cryptocurrencies.

April 8, 2020. Accountless cryptocurrency exchange Flyp.me is launching an all-new cryptocurrency exchange platform for Android users that doesn’t require an account to exchange your crypto. With the help of this platform, crypto users and traders can easily “flyp” cryptocurrencies in a borderless way securely. The exchange offers a unique experience that will help the crypto industry grow and increase its accountless capacity

Key Features of the Flyp.me Platform

The Flyp.me platform is a unique option available in the crypto world as it doesn’t require users to make an account before exchanging/trading cryptocurrencies. The service has been available for crypto users since 2017 and has now been made available on Android phones. Due to this approach, many useful key features of cryptocurrencies are preserved and the control is handed back to the user. Flyp.me allows users complete control over their private keys. This is an extremely important functionality extended to the user. The private keys allow the users complete control over their cryptocurrency holdings and diminishes the power of the exchange in the spirit of the decentralization philosophy.

Conventional cryptocurrency exchanges are popular right now but they are also receiving criticism for their continuing demise of the rights and functionalities of cryptocurrencies. By giving users control of their private keys, Flyp.me helps protect users’ rights while providing the functionality needed.

Key features of the new accountless crypto exchange include:

  • Support for over 30 cryptocurrencies.
  • 24-hour availability for users around the world.
  • Fast transactions and the ability to flip between different popular cryptocurrencies supported in the platform.
  • Private operations as the exchange doesn’t require an account to start trading.
  • Safe operations as the operations are end-to-end supported by state-of-the-art security protocols and measures.
  • Open API integration for other websites and crypto services platforms. This allows other platforms to have a useful symbiotic relationship with the Flyp.me exchange. Flyp.me allows businesses and users to accept or send cryptocurrency with ease, anytime, anywhere.

Head to Google Play) to download the app.

HolyTransaction, the first multicurrency web wallet since 2014. There is no registration necessary and no hidden analytics tracking you. Moreover, Flyp.me does not control users’ funds, so your private keys are not at risk of being held on third-party services. It is created for the good of the community especially HODLers around the world who like to keep it simple and accountless.

Flyp.me currently supports over 30 cryptocurrencies and is continuing to add more: Bitcoin, Ethereum, Zcash, Augur, Litecoin, Syscoin, Pivx, Blackcoin, Dash, Decred, Dogecoin, Flyp.me Token, Gamecredits, Peercoin, Aidcoin, 0x, Vertcoin, Basic Attention Token, BLOCKv, Groestlcoin, Essentia, DAI Stablecoin, Power Ledger, Enjincoin, TrueUSD, Cardano, Storj, Monero, Maker, DigiByte and TetherUS.

Stay tuned through our social networks. Keep Flypping.

https://t.me/@flypme

https://twitter.com/flyp_me

https://facebook.com/flypme

Visit Flyp.me

Silk Road Coin Presentation by LGR Group

The time is past when tossing a single coin was already an added value. There are currently hundreds of coins and thousands of tokens in the world of cryptocurrencies, and therefore when a company wants to succeed it must offer not just one coin or one token, but an entire value proposition for an entire ecosystem. This is the case of the proposal that we bring today: Silk Road Coin by LGR Group.

 

What do we understand by Silk Road?

Before going in to talk in-depth, we must be clear about what we are talking about when we talk about Silk Road.

Silk Road, within the world of cryptocurrencies, refers to the first and most mythical online market with bitcoin. It sold absolutely everything, including drugs and weapons. That adventure of eliminating intermediaries ended with the founder (Ross Ulbrich) sentenced to life in prison in the United States and with a great controversy on a subject that has subsequently been debated in other tools: is the provider of a tool the culprit of what people do with it?

But no, when LGR brings us Silk Road, it does it from a more classic sense. The term “silk road” comes from the Renaissance, in which Marco Polo’s travel books describe the silk road as a great trade route that starts in China, croses all of Asia and all of Europe, and reaches most important ports in Europe, such as Venice at that time.

This is precisely the objective of LGR, it seeks to create a banking platform that will connect all the countries that are crossed by this historic trade route.

What is LGR Group?

LGR Group is a company founded with headquarters in Belize and specialized in banking and trade services and gold (in all its business lines).

Currently its core business is the gold trade, from producers (especially in Africa) to distributors or transformer refineries. It also has a major branch of commodity trading, thanks to its contacts in the Middle East oil sector.

In recent times they also have cryptocurrency exchange activities for high volume (OTC) clients.

And in the near future its big bet is the Silk Road Coin and Banking Platform.

 

What is Silk Road Coin?

Silk Road Coin is the cryptocurrency backed of the future cross border money movement and crypto banking services platform between Silk Road countries that aspires to unify all the countries that the Silk Road travels, forming a common market and with access by all of them under the same currency. It is interesting to remember that we are talking about 65 countries including China and many European countries, accumulating up to 1/3 of the total world population. Achieving the challenge of unifying them economically is a dream, which can be very profitable. And that it has the endorsement of the main Asian commercial organizations involved.

The objective is to help increase the wealth of nations and the standard of living of their citizens through trade.

On a technical level we are talking about a currency built under the Waves blockchain, one of the fastest, safest and most decentralized blockchains in the world. This is done to allow smooth operation and to not be affected by network saturation, as is often the case with the Ethereum network. Initially, we are dealing with a “coin”, which has its price linked to the euro (although in ICO it is cheaper).

The value proposition for Silk Road Coin includes reputable international trade professionals working towards those who initially acquire SRC tokens:

  • Cross-border payments between the member countries.
  • Interconnection of banks and financial systems of the member countries.
  • Crypto-banking services:

◦ Exchange from fiat to crypto and vice versa.

◦ Credit card.

◦ Cryptocurrency loans and deposits.

◦ Currency exchange for goods and smart contracts.

In this way, those who initially choose to be part of SRC will see how LGR experts analyze dozens or hundreds of projects and give way to the most powerful ones, thus having access to investments (and returns) that until now were only reserved for the private sector OTC.

 

The Silk Road Coin ICO

As best is “lead by example.” SRC was created under the Waves blockchain, so there was no need to host a typical ICO, in a typical exchange. Firstly, for the associated costs it has, but above all for the dangers derived from the centralization of the point of sale. You are exposed to attacks, robberies and hacks.

Therefore, this phase of the ICO is carried out in the form of a decentralized exchange on the Waves blockchain.

To do this, you just have to install the Waves DEX, and from there we go to the “trades” tab, and look for the SRC token identifier: CjhHBGdQycCgmP4vRoWvEL1SLzSUw5d2gwVs4fR84DBU. With this we can perfectly identify the token in the market and accept the sale offer or make a new offer, always in a decentralized exchange format as we have seen in other exchanges that exist outside of ETH where their tokens can be traded.

Other forms of purchase involve currency exchange, so it is best to go directly to the ICO page on the LGR Group website.

Here are some of the technical details of the token and the ICO:

  • Total offer: 1,000,000,000 SRC tokens.
  • Soft cap: 100,000,000 SRC tokens.
  • Hard cap: 500,000,000 SRC tokens.
  • Price: at 1 EUR. ICO price 0.90 EUR
  • Deadline: the ICO ends on April 30, or when the soft cap is reached.

 

Conclusion

If you are looking for a complete ecosystem managed by professionals, Silk Road Coin by LGR Global is a great investment opportunity.

 

Official Links

 

 

 

LocalAgro – Blockchain Based Agricultural Business Platform

We are pleased to present to your attention LocalAgro, an International Agricultural Business Platform designed for local food market participants and equipped with a wide range of communication and search tools that provide a full range of services for business relations.

 

The platform based on blockchain technologies and designed to simplify business processes and cut out the middlemen between the food producer and consumer.

 

Food drives the world!
Agriculture is an industry with a total volume of over 8.7 trillion dollars, and it is growing.

If current population growth trends continue, by 2050, the demand for calories will increase by 70 percent, and the demand for crops for human consumption and animal feed will increase by at least 100 percent.

According to leading expert agencies, the agro-industrial complex accounts for more than a quarter of the world’s GDP and its volume is constantly growing. According to the cost of produced food and the volume of investments, the agro-industrial market ranks first among the macroeconomic complexes of most developed countries.

In the next 10 years, the agricultural trade in the world expected to continue to grow steadily. As a result, the impact of the trade on the level and nature of food security will increase in all regions of the World.

 

Problems and Solutions

Well known that the agriculture producer receives less than 20% of the price paid by the customer. The LocalAgro platform reduces this difference. It designed to help the producer regardless of his location, production volume, political or economic situation as well as the level of development of the banking system in his country. According to our research, the use of our platform will allow the producer to receive up to 80% of revenue from the price paid by consumers.

In addition to directly connecting producers and consumers of agricultural products companies, state-owned enterprises and private individuals offering certain services in the agricultural industry such as leasing, insurance, logistics, banking, escrow, real estate sales, custom duty and fees consulting will be fully-fledged participants in the LocalAgro community.

The financial basis of relations between producer and consumer will be our decentralized cryptographic currency LAC, which will reduce transaction time, lower payment cost, plus secure and enforce fair transaction by using our smart contract and LAC coins.

An important part of our platform will be assisting in implementing programs for delivering agricultural products to regions whose population urgently needs food due to environmental crises.

The LocalAgro platform will help international charity programs lead by charitable fund and philanthropists to supply food to less developed countries.

Using the LocalAgro platform will help to get the entire supply chain from food producers to those regions under control.

Within the framework of the problems with overproduction and losses of food products due to globalization of the market and pressure from the largest manufacturing companies the LocalAgro platform will help market participants significantly expand and diversify their suppliers and thereby significantly reduce losses caused by lack of customers and spoilage of food products after their expiry.

The main feature of the platform will be complete transparency and openness of transactions and payments to their participants at all stages as well as the complete absence of intermediaries and the possibility of influence from global corporations on their conditions.

The LocalAgro platform will become a global international community of food producers and consumers where the principles of business relationships, established rules for conducting transactions, and availability of decentralized payments will create a modern mobile business platform driven by new technology.

A smartphone, tablet, or laptop will turn into a mobile office with a complete toolkit for conducting transactions, finding partners on the local market, in other countries or continents, preparing a contract, providing logistics, insurance, making payments, and controlling deliveries.

The platform will allow you to quickly and accurately make transactions and provide other community members with information about the trustworthiness of participants due to a rating system.

We also expect that domestic cryptographic currency can become a convenient and profitable investment tool due to its potential high investment attractiveness. Constantly growing volumes of the food market and successful experience in the development of the agricultural industry allow us to conclude that it is highly liquid and in demand.

 

Business scheme in 100 words

The buyer and seller, working in the local agricultural market, decide to make a deal. They fill forms in the LocalAgro system. The system creates a smart contract in accordance with the terms of the transaction. The transaction amount, including shipping and insurance, reserved by the system in LAC. The seller sends products by the partner shipment company. The buyer receives products, evaluates quality and marks the acceptance of goods in personal account. The smart contract executed and the amount in LAC distributed in accordance with the terms of the transaction to the accounts of seller, shipping and insurance companies.

 

Team

A platform developed by professionals for professionals. Our team thoroughly thought out all the business processes in financing, logistics, storage, insurance, quality control, and quantity of products. Many of these processes will work on blockchain technology for the effectiveness and speed of the advancement of the platform.

Having tested all the similar sites, we concluded that they provide services only of a local nature, hence are not designed for real trading and obtaining results, but are primarily informational.

We offer a comprehensive solution in the field of local food trade and provide necessary services for industry participants.

 

AIRDROP

During the Airdrop, we plan to allocate part of the coins in the total volume of 3,000,000 LAC for the AIRDROP campaign in order to attract the maximum number of potential investors and partners. The terms of the AIRDROP campaign published on the ICO website.

 

Mission

Our mission is to build direct relationships between agro-producers and consumers, using the latest technology.

The LocalAgro platform based on blockchain technologies designed to transform the oldest businesses into smart and digital business models.

 

LocalAgro – a smart solution for food markets!

Do you want to be a part of it?

Contacts:

 

Platform Website MVP: https://www.localagro.com ICO Website:

https://www.localagro.io

  • Facebook Group: https://www.facebook.com/groups/localagro
  • Twitter Channel: https://twitter.com/localagro
  • Telegram Channel: https://t.me/localagro
  • LinkedIn: https://www.linkedin.com/company/localagro
  • Instagram: https://www.instagram.com/localagro
  • YouTube: https://www.youtube.com/c/LocalAgro

Email: ico@localagro.com

WorldMarkets continues with the success of its trading artificial intelligence

Today we live in the information age, and access to information is unlimited. And that produces the paradox of misinformation. That’s why it’s more important than ever to have someone to trust, with access to truthful information and advanced tools for any activity related to the investment. This is the case of worldmarkets.com with its investment based on trading with AI.

The main point of WorldMarkets

Today, the most interesting feature of WorldMarkets is, without a doubt, its trading system based on artificial intelligence (AI). It started as a gold and silver price monitoring system, and they have evolved it over time until it became a complete system.

With their AI tool they can help their clients to invest without having to spend hundreds of hours searching for the right utility and potentially investible assets.

The process is quite simple, first you have to create an account in WorldMarkets. You should keep in mind that, being a real company with licenses to operate, they have certain limitations by countries (international embargoes to countries like North Korea, for example). Then the deposit is made in the desired currency, admitting a lot of means of payment, which include traditional currencies and the most important digital currencies, of course Bitcoin and some more.

Once we have a balance in our account, we have to configure a couple of options such as the level of risk and the moment our money will begin to be operated by the artificial intelligence (AI) based trading tool. We can stop it at any time and withdraw the profits whenever we want.

Two of the most interesting features of this trading system is that we have operating compound interest from the first moment (the benefits begin to be automatically reinvested as soon as they are collected, so that they generate more benefits on them). The other interesting feature is that WorldMarkets will only charge you commission on benefits, operations that do not yield benefits will have no commission.

 

Main advantage of trading with AI: its profitability

When you talk about investment, the main characteristic in which potential investors are focused on is, obviously, the profitability that a system or product is capable of producing. And this is one of the great strengths of the system: its long-term profitability.

The AI trader operates with artificial intelligence 24 hours a day and 7 days a week, identifying satisfactory operations or arbitrations between exchanges.

The system began operating in February 2017 and today, when 3 years of system life are reached, we have an average return of 21.77% per month. A very high and very interesting result, since it barely has months “in red”, and the months “in green” weigh much more in the total.

With these figures, results (with compound interest) of + 481% during 2017, + 647% during 2018 and + 718% during 2019 have been consolidated.

The big difference that WorldMarkets offers us with its automated trading system with AI is that the results are audited and verified by external companies, having a monthly report with the operations and results of the corresponding month. This increases customer confidence through transparency. 

Other advantages of trading with AI from WorldMarkets

Security is one of the main concerns of WordMarkets, so the access account is protected with an encryption system, 2FA access and all kinds of modern protections. But, in addition, the trading operation itself is also protected against system failures, since it has implemented scientific and statistical methods to control the risk margins of operations and thus protect the profitability and duration of the entire system.

 

The other great advantage that WorldMarkets offers us is its generous affiliation system. By which we can act as ambassadors for the company, since they share with us 50% of the commissions generated by a client that we have brought to the platform. Recall that WorldMarkets only charges commission for trading operations that are beneficial to the customer, so it will be with those operations with which we will prosper all the members of the system, thus collaborating with it to be sustainable and profitable over time.

 

Other services offered

With their long experience in the bullion market, they offer us to buy and sell coins or bullion of the main raw materials and precious metals. In addition to remote investment (without owning the good) and even vault services: a vault or remote safe where your gold bars are stored in exchange for a small commission.

They also allow us to operate in the cryptocurrency market through their associate BitMex.

Finally, and as a sign that they are a very complete portal, they allow us to train in the world of trading at no cost with an interesting video section. Remember: information is power.

 

Conclusion

If you are looking for an easy and profitable investment intermediation service, WorldMarkets is a very interesting idea. And especially through its flagship product: the profitable investment vehicle based on AI for trading.

Official Links

  • Web: com
  • Contact telephones and offices by country: Contact

MYTVCHAIN.COM RECORD GROWTH FOR THE FIRST BLOCKCHAIN WEB TV PLATFORM DEDICATED TO SPORTS CLUBS AND ATHLETES.

MYTVCHAIN.COM  RECORD GROWTH FOR THE FIRST BLOCKCHAIN ​​WEB TV PLATFORM DEDICATED TO SPORTS CLUBS AND ATHLETES.

 

Sophia Antipolis (France) and Singapore: The first web TV platform dedicated to sports clubs and athletes opened in October 2018 and has already won over 33,000 users and web TV channels for sports clubs in more than 50 countries, with over 1.5 million visits in the first month of the year alone. The company had already announced, in September 2019, that the channel “Sport in France” launched on the initiative of the French National Olympic and Sports Committee (CNOSF), had joined the platform to develop the promotion of all disciplines, all federations and their clubs.

The company is developing its blockchain-based technology by allowing users to share their storage space and bandwidth. The MyTV token will be used to remunerate not only the users and the community in these shares but also to remunerate the users who will share the contents of their clubs on their social networks. Once the MyTV tokens have been earned, users will be able to make donations to their favorite sports clubs or even buy services such as subscriptions to channels or access to exclusive content via token.

With a community of several thousand users and fans, the company is under a private sale of its MyTV tokens which will close the 28th of February and offers discounts. The conditions of sale are available on https://mytvchain.io/press. Participants can register and create their wallet at https://ieo.mytvchain.com/press. If the sale of MyTV tokens does not reach the targeted € 8 million  an IEO (Initial Exchange Offering) will take place from February 29 to March 27 on the Latoken and Vindax exchanges.

MyTVchain offers a 10% bonus or any MyTV token purchase on its platform using this referral: https://bit.ly/2PDbdaD

Xavier Gesnouin, President of MyTVchain specifies that “the growth of the platform in terms of audience allows us to accelerate its monetization with the launch in a few weeks of a set of services for Sports Clubs and Fans, based on MyTV token which will be listed on exchanges after the IEO. Several media groups have contacted us and wish to join us, we will certainly have the pleasure of making announcements soon. ”

Contacts : info@mytvchain.com   @MyTVchain
News contact : press@mytvchain.com   /MyTVchain
Website : www.mytvchain.com   /MyTVchain Official
IEO website : www.mytvchain.io   @mytvchain

 

 

Shopereum, empowering e-commerce with blockchain technology and AI

Cryptocurrencies have come along with us for longer than we believe, in fact, 11 years have gone by now since Bitcoin was created. During this time, the great challenge of those of us who are passionate this world has always been the same: adoption. And the path of adoption is slower than many of us wish. One thing is clear: the adoption will come from the hand of two great sectors: gamming and online commerce. All the experts agree about this point which removes any doubt on this question. Well, today we bring you the breaking news about online commerce with Shopereum.

What is shopereum?

Shopereum is a company that offers a wide range of potential solutions related to the e-commerce and cryptocurrency framework. Its commitment is based on a clear aim:accelerating the adoption of cryptocurrenciesto empower merchants and buyers throughout the world. Everything running with its own token (xShop) that works on the Ethereumblockchain.

This solution is largely supported by important portals of blockchain project analysis, as evidenced by its 4.2 / 5 ratio in ICObench. One of the great references of the sector.

Fundamental characteristic of Shopereum

Although it offers many different features, we could say that the Shopereum developer team is committed to being an integrating Marketplace of all kinds of techs related to e-commerce. As a result, the buyer can now access to various markets, regardless of his software and with transparency. On the other hand, the seller can also develop their markets without looking for it in thousands of platforms.

As a basic starting point, Shopereum offers us to buy using the main cryptocurrencies (BTC, LTC, ETH, XRP, etc.), the native xShop token (which offers 5% discount on your purchases) or fiat money. In consequence, Shopereum accelerates adoption and empower the client and seller, thanks to the transparency of the intermediary.

Joining the pieces

In recent years, the biggestproblem in the e-commerce for cryptocurrencies has always been the same: adoption and online stores are not linked, in other words, where we have online stores developed to accept cryptocurrencies, we have few users and small marketing budgets; and where we have a wide user base (Amazon, AliExpress, etc.) we have no option of payment with cryptocurrencies. So far, all the approaches in this regard are based on wallets and extensions or plugins for browsers that allowed you to pay with cryptocurrencies in some of these popular websites. Nevertheless, they are just stopgap measure, not anultimate solution.

The aim of Shopereum is to go one step further and make all that integration into a single Marketplace within the platform itself.

The business model

Therefore, Shopereum can be defined as theMARKET in capital, integrator of markets or second level Marketplace.

Under the umbrella of Shopereum, the owners of small online stores can easily integrate,thus allowing access to a much larger base of potential customers. In addition, apart from solving some technical problems thanks to receiving Shopereum technology, they can also set their payment platform to receive payments in anycurrency type. It is all the more advantageousas it converts all cryptocurrencies to fiat at the same time the purchase is made, applying the exchange rate in effect at that time.

Buyers have the advantage of having many markets grouped under the same portal and with the possibility of obtaining additional discounts (payment with xShop token) and using their cryptocurrencies to buy. Although we do not forget thatfiat money will also be accepted, considering the strategy of trying to reach the whole world.

In addition, Shopereum tells us that this drop-shipping strategy – which in itself would be a breakthrough on current cryptocurrency e-commerce options – will be complemented and improved with an Artificial Intelligence (AI) tool which will optimize searches to help us find the best products at the best prices within any of the integrated markets.

The xShop token starts trading

Technologically, Shopereum has developed its platform on the Ethereum blockchain. The operating token of the platform is the xShop token and will allow us to obtain discounts. These are its basic features:

  • Name: Shopereum token v1.0
  • Symbol: xShop
  • Technology: ERC-20 token
  • Total amount: 600,000,000
  • Free-float in circulation: 180,000,000

The developers estimate that the platform is running in August 2020, nevertheless the token starts trading on January 25!

So, xShop tokens can be bought and sold in the Coineal exchange on January 25, and Lukki exchange on February04. However it will not be until March when the tokens can be deposited and removed, when their implementation on the platform has been well tested. This is a very common defensive maneuver in cryptocurrency exchange houses.

To celebrate this launch, we have a trading contest on the Coineal platform itself. A total of 250 xShop will be distributed in a classification that will cover the first 10 of the contest (starting with 100 xShop for the first, 50 xShop for the second, 30 xShop for the third, and 10 xShop for those classified from 4 to 10).

Summary

We will have to be very attentive and closely analize the evolution of this project because it promises a great revolution. They have a very ambitious roadmap and a very well defined value proposal.

Official links

 

Disrupting The Worlds Biggest Investment Market

Max Property Group Brings Innovation and Transparency To Real Estate

Despite being the most valuable asset class in the World[1], the technology underlying the real estate investment market has remained largely unchanged for decades. Max Property Group, a real estate investment company in the Netherlands, having suffered antiquated practices and outdated technology first hand, has developed a platform with the potential to rock a US $228 trillion market.

The World’s Most Valuable Asset Class

In 2016, the Savills World Research team calculated the value of all global property at US $217 trillion total.  In 2017, their research showed that global asset price inflation had grown by 5 percent to US $228 trillion[2].

To put this in context, real estate is a more valuable asset class than all the stocks, shares and securities in the world combined, as well as all the gold ever mined throughout history.

Yolande Barnes, head of Savills World Research, said, “Real estate is the pre-eminent asset class which will be most impacted by global monetary conditions and investment activity and which, in turn, has the power to most impact national and international economies.”

In other words, the real estate investment market has the power to affect the entire global economy.

Given the enormity of this asset class and its potential impact on literally the world’s finances, it is peculiar that it has not been more subject to disruption by the wave of startups and technological advancements that have emerged in recent years. In fact, real estate technology, with the possible exception of rental listing platforms, has not advanced significantly in decades.

Entry barriers

In addition to its sheer size, few asset classes deliver passive income and capital appreciation levels comparable to real estate, but similarly few are subject to the same entry barriers.  These barriers can include access to banking, credit scores, finance, cash requirements, and reliance on industry professionals.  This is particularly applicable to cross-border investment, where anyone planning to invest in another country will most likely have to make international trips, go through several middlemen and navigate foreign languages, laws and cultural practices.

Lack of transparency

The lack of transparency in the real estate market is reflected in the fact that, according to the United Nations, money laundering can reach up to US $2 trillion a year, of which a significant amount is laundered via real estate transactions.

On a smaller scale, many home owners have experienced issues such as properties with hidden damages, unknown debts, problematic neighbours and a myriad of potential problems that can be obscured.  Title ownership records are often specific to a country or region, making it difficult to ascertain ownership or rights over a property. For example, the majority of U.S. states operate under a land recording system wherein there are no governmental officials to make absolute determination of the property title or whether a title transfer transaction is valid.[3]

This lack of transparency can make almost every element of property investing difficult, risky and time consuming.

Costs and fees

International real estate investments are subject to multiple, varying fees such as: exchange fees, transfer fees, broker fees, legal fees, taxes, etc. not taking into account the cost of consulting lawyers, tax advisors and accountants.

Because of the sheer number of middlemen involved, international real estate investment can be an extremely expensive process.

Liquidity and speed

One of the most significant problems with real estate investing is its lack of liquidity.  When property investors wish to release their cash from their investment, selling a property can take months or even years, often leaving investors with their money tied up.  Even investment funds often have a tie-in period, which means that property investing often means committing cash to a lock-in period of several years.

Similarly, buying and selling a property can be extremely slow. According to a Chinese travel survey[4], 56% of Chinese investors spend over a year selecting a US investment property. In general, it can take six months to find a property and a further six months to complete the transaction. 

Enter Blockchain

Distributed Ledger Technology (DLT), more commonly known as blockchain, is proving to be a major disruptive force in the financial world, and is beginning to branch out into other areas in the financial sector.  One of the industries that DLT could have a great deal of impact on is real estate, and specifically the real estate investment sector.  Blockchain technology can greatly improve, if not overcome, some of the major hurdles holding the real estate market back, making it more transparent, accessible and efficient.

Enter Max Property Group

Max Property Group (MPG) is a real estate company based in the Netherlands with operations in Germany and the United Kingdom.  MPG has been managing property funds since 2016, but its founders, including Munte Immobilien in Germany, have been active in the real estate industry for decades. They also engage in property sales, management and rental activities. Having endured the challenges of the property investment sector first hand, MPG decided to streamline the real estate investment process and has subsequently been developing the Max Crowdfund platform since 2018.

Max Crowdfund is, or will be since some features are still under development, a real estate investment platform where real estate investment opportunities can be listed by developers, purchased by investors, and overseen by authorities.  The addition of DLT means that every transaction is recorded on the blockchain and can be performed almost instantaneously.  Max Crowdfund is one of the first platforms leveraging blockchain technology to disrupt the real estate industry, proving that DLT can be used to modernise the real estate investment market, and open it up to a global audience.

Entry barriers 

Perhaps the biggest disruptive potential of blockchain technology in the real estate investment sector is the elimination of high entry levels.  Historically, property investing has been exclusively for the rich, requiring outlays of tens of thousands of dollars as a minimum, and often going into the millions.

However, the tokenisation of assets has made it possible to split up real estate assets into small parts, thereby reducing investment levels to mere hundreds of dollars.  For example, by placing its own property funds on the Max Crowdfund platform, MPG has succeeded in lowering the minimum investment amount from €10,000 to just €1,000, without affecting investment returns, and are currently working on reducing this to €100.  This means that anyone who has €100 can become a property investor, joining the super-rich in enjoying asset-backed investments with high returns.

This in itself is a game changer for the real estate investment market.  Considering that real estate is the most valuable asset class in the World, currently only accessible to the very wealthy, opening up the market to regular people could become one of the most significant financial events in history.

Improved transparency

Blockchain technology is resistant to tampering and, once an activity has been recorded, it cannot be removed or altered, resulting in an extraordinary level of transparency.

Every transaction that will take place on the Max Crowdfund platform, whether it is an investment transaction, the signature of a rental contract or a transfer of ownership, will be recorded on the blockchain.

The platform will also have a property management feature, so that activities such as renovations, repairs, mortgages and rental contracts can also be recorded on the blockchain.  This way, when investors look at a property, they can access important information such as its repair history, its rental history, its previous sales price, etc. eliminating the need for agents and lawyers, and reducing the risk of deception.

If blockchain technology was taken further and adopted by authorities, it could theoretically lead to a global land registry where all titles are recorded impartially under one, international system.

Costs and fees

By automating much of the sales process, Max Crowdfund has managed to eliminate many of the fees associated with property investment.  Agent fees are eradicated completely as properties are carefully vetted before inclusion on the platform, and all information relating to them is provided.  Access to land registry documents, mortgage information, company accounts etc. are all made available so that investors can make informed decisions without the use of an intermediary.

Automation further eliminates fees such as notary fees, legal fees, accountancy fees etc.  Transactions happen electronically on the platform, without the need for paperwork and are “witnessed” by the blockchain without the need of “official” supervision.  Intermediaries are replaced by technology thereby fees are reduced to relatively tiny amounts.  

Liquidity and speed

Historically, an individual or company would own a property and in order to liquidate it, would have to: list the property with an agent, market the property, wait for a buyer with enough money to buy the entire property, then engage in the sales process which could include structural checks, finance applications, price negotiations, etc.

With tokenised assets, an individual or company owns a share of a property investment product which could be a company share, property bond or brick (a fraction of a physical property) which is represented by a digital token.  Generally, this would be in small units of €1,000 or smaller, and all the information regarding the asset would be available on the blockchain.  The process of selling this asset would therefore require little more than placing it on the platform and trading it electronically, an operation that could take just a few seconds.  

About MPG

Max Property Group (MPG) is made up of real estate professionals with decades of real estate industry experience.  Since its foundation in 2016, MPG has raised several millions of Euros in investment and currently holds assets valued at close to 8 million Euros (as shown in the Q2 2019 financial report).  They currently manage properties in the Netherlands (Rotterdam and surrounding areas), Germany (Lower Saxony region), and the United Kingdom, as well as offering property sales services, running a rental agency and operating an academy that provides seminars and workshops on real estate and blockchain.

The idea for the Max Crowdfund platform grew out of the company’s frustration with the historical barriers affecting their industry, and their inability to find the technological tools to overcome them.  The development of the platform has been successful with all milestones having been met to date.  The platform has tens of thousands of registered users from around the world and is functional on many levels, with more features being added in line with the developmental roadmap.

Investing via Max Crowdfund

High quality property investments are listed on Max Crowdfund, and registered users can purchase them, subject to KYC and AML procedures, via the platform.  Payment for the use of platform is charged in Euros but paid in MPG tokens.  This allows of the transactions to be registered on the blockchain.  MPG tokens have been in circulation since January 2019 and are listed on several exchanges as shown on CoinMarketCap (https://coinmarketcap.com/currencies/max-property-group/).

Max Property Group is currently applying for the relevant licenses from the Dutch Financial Authorities (AFM) to operate Max Crowdfund. Once obtained additional licences for operation in other jurisdictions will be applied for.  As soon as they have been granted, the platform will be opened up to listing third party investment products.  Projects seeking funding will then be able to apply for listing on the platform, and investors will have access to a greater diversity of high quality investment opportunities.

MPG is currently holding an equity round to pay for the final development of the platform as well as the licence applications that will allow for third party listings.  Details can be found on the Max Crowdfund platform.  https://maxcrowdfund.com/en/mpg-security-token

Official links

Web: https://maxcrowdfund.com/
Twitter: https://twitter.com/maxcrowdfund
Facebook: https://www.facebook.com/MaxCrowdfund/
Telegram: https://t.me/MaxPropGrp
Medium: https://medium.com/maxpropertygroup
LinkedIn: https://www.linkedin.com/company/maxpropertygroup/

[1]https://www.savills.co.uk/blog/article/216300/residential-property/how-much-is-the-world-worth.aspx

[2] https://www.savills.co.uk/blog/article/216300/residential-property/how-much-is-the-world-worth.aspx

[3] Blockchain: Digitally Rebuilding the Real Estate Industry by Avi Spielman B.A., Philosophy, 2008 Vanderbilt University https://dspace.mit.edu/bitstream/handle/1721.1/106753/969450770-MIT.pdf?sequence=1

[4] http://downloads.juwai.com/pdf/2018-chinese-global-travel-survey-report.pdf