BILLCRYPT FACES THE FINAL PART OF ICO WITH GOOD FEELINGS

The news has reached us that Billcrypt is reaching the final phase of his ICO, with which he intends to raise funds for an ambitious project that we are going to talk to today.

We are going to try to explain carefully what they offer us, step by step, as to some extent it can be complicated.

What problem existed?

For Billcrypt there is a big problem of disconnection between several sectors that should be working together in the blockchain sector. Partly because we have companies that have detected a need for blockchain-based services, or simply at some point need to implement a trust-based solution. And partly because we have the blockchain service providers, which as the sector matures are larger and have greater capacity to provide different proposals. Even more, if we introduce investors to this equation, we realize that they waste a lot of time and money in investigating all possible investment alternatives due to current situation.

Billcrypt’s value proposition

It is mainly a platform. A complete ecosystem that seeks to unify the three involved in the previous section.

Billcrypto is a platform that interconnects different blockchains making them interoprative with each other. This interconnection works with certain common characteristics.

Companies and start ups are going to have basic packages which let them to create operational blockchains to handle themselves. From this point, they can develop their own products or hire the team of experts with the specific characteristics they need.

Investors in turn will be able to have access to the financing of these projects with certain criteria of transparency and access to information in order to make their decisions.

And this is where, from our point of view, is the true innovation of this project. The interconnection of all the agents involved is done through 2 new concepts mainly: BR (blockchain representative), ViP (Virtual Image Part).

BR: Blockchain Representative

Representatives are the key figure in this ecosystem. In fact, representatives have access to project information, and can prepare their reports or have certain conclusions about the projects.

His job is to prepare reports and advice both companies that have blockchain developments. In addition, above all, regarding potential investors. These investors are going to advice on possible investments, and they will do well, because the possible remuneration depends on it. So they want to do it well because they are putting their reputation at stake. And that is the key, the reputation.

ViP: Virtual Image Part

This is where the reputation key comes from. Each of the BRs will be encoded with a token. We would say that your reputation is quantified and that way you can increase or decrease in value according to your successes and as reliable as they are.

In this way, investors can turn to them when choosing correctly the project in which they invest. They can compare the value of the VIP of the various BRs, and hire the one they deem appropriate, and then evaluate their ability to continue modeling the ViP of that particular BR.

Each BR has a great motivation to do a good job and be valued and also be able to charge more for their work, of course.

Therefore, we have already built the basic mechanism that will make the system works; nobody wins by not fulfilling their obligations.

Their Token and the ICO

The Billcrypt system interconnects blockchains based on Solidity, the programming language of the Ethereum network smart contracts. The BILC native token with the following characteristics will be used for this operation:

  • Name: Billcrypt
  • Symbol: BILC
  • Technology: ERC-20 token
  • Total amount: 152,000,000
  • Partition: up to 8 decimals.

We have two ways to acquire BILC tokens.

They can be acquired during the ITO phase of the project, in which you can send ETH to the platform’s smart contract, and immediately receive the tokens at the address from which the payment was made.

On the other hand, tokens can be obtained by collaborating with the project and with the popular “bounty”. For which we will have to register on the page and access the jobs and tasks they have available.

Summary

If you are looking for a place to invest or to make a career as an analyst, this may be your place.

Official links

Facebook: https://www.facebook.com/groups/BILLCRYPT/

ETFinance Review – Trade Currencies and Other Assets With a Regulated Broker

For both new and experienced traders in the financial markets, finding the right brokerage platform that matches their trading style and demands can be a significant challenge. This is true, even though the task of selecting a broker look simple for anyone who doesn’t understand what it involves.

For instance, even though there are thousands of brokers out there, some of them integrate a higher commission rate on trades than their competitors. There is also the chance that a broker offers account types that do not match the portfolio of a prospective client.

Another challenge could be the brokerage firm not offering a robust collection of tradable assets, or even in some cases, not having any regulatory background. The issue of regulation is especially vital since, in some cases, it gives the trader confidence that their funds will be fully refunded in the case of any unprecedented loss.

Putting the above factors into perspective reinforces our earlier statement that finding a reliable broker can be a significant challenge to those who wish to invest in the financial market. 

Happily, though, there are still a few brokerage platforms that could satisfy the needs of the different classes of investors and day traders. ETFinance, an EU-based broker, is one such broker, and in this article, we’ll review the platform and why it stands out among most of its competitors.

ETFinance Review

Advantages

Fully Regulated and Reputable Brand

While most brokers have a very shady background, especially with regulators, ETFinance isn’t. The platform is operated as a brand under Magnum FX Ltd, a company that is duly registered with the Cyprus Securities and Exchange Commission (CySEC). 

Clearly, obtaining such regulatory status is not an easy feat. Otherwise, every broker out there would do acquire the necessary license. But ETFinance likely took this step to instill confidence in their clients. 

Among other tedious requirements, the company would be subject to regular external audits, file regulatory reports, and maintain an operating capital not less than EUR 750,000. That amount shields the company from suddenly going bankrupt.

For customers, being a member of the Investor Compensation Fund for Customers of Cyprus Investment Firms means that ETFinance will also maintain a EUR 20,000 backup for client funds, to cover for unavoidable losses.

Lastly, trading on ETFinance means trading with a globally reputable firm as the company is an official sponsor of the Real Madrid Basketball team, one of the largest soccer establishments in the world.

Diverse Asset Trading

Traders can invest in nearly every kind of asset on the financial market using ETFinance. The platform offers the option to trade currencies, stocks, indices, commodities, ETFs, and even CFDs based on cryptocurrencies.

Therefore, instead of opening multiple accounts with different brokers to access these markets, you can have them all in one place using ETFinance.

User-Centric Account Options

With a clear understanding that different strokes go for different folks, ETFinance offers multiple account options for different classes of retail and professional traders.

For newcomers, a Silver plan is available, which includes 0.07 minimum spreads, leverage up to 1:30, and full customer support access throughout working hours between Monday to Friday.

Experienced traders can flex their muscles with the Gold plan that has a higher 0.05 minimum spreads and leverage between 1:400/1:500 for professionals. The plan also features, hedging, a dedicated account manager, and access to a plethora of educational tools.

As one would expect, the Platinum plan covers all the benefits of the lower plans and other benefits such as a Free VPS, swap discount up to 50%, and news alerts to monitor price-influencing developments.

Meanwhile, ETFinance also offers an Islamic trading account that caters to those of the Muslim faith, by ensuring that no kind of interest is charged on their trading positions even if they stay overnight. Although some other brokers also claim to provide this kind of account, they often breach customer trust by transferring charges to a different type of fee.

Metatrader 4 and Mobile Support

Both new and seasoned traders enjoy the numerous features of the Metatrader 4 trading platform. The experience does not change with ETFinance as the broker also integrates the popular trading interface.

Clients can also expect to use Webtrader or even the mobile app if they wish to trade assets on the go.

Excellent Customer Support

At the times where you’re encountering technical issues on your brokerage platform, the last thing you want is not having a customer support agent to attend to your inquiries promptly.

Well, it is likely that such technical difficulties will happen on ETFinance. Still, even when it does, users can expect prompt customer service feedback, either via email or the Livechat support feature on the website.

There is also phone support available between 8 to 20 GMT on weekdays, just in case you find that method more efficient.

Educational Tools

Knowledge is power, and the right knowledge is worth even more. On ETFinance, traders get access to a wide range of educational materials in different formats that include webinars, e-books, videos, tutorials, calendars, and full courses.

Note, though, that you must sign up for any plan higher than the basic package to get access to these materials.

Multi-Language Website Support

Unlike most competitors that offer their website content in only English, users can explore ETFinance in six additional languages aside from English. These supported languages include Spanish, Italian, Portuguese, Swedish, Dutch, and German.

Final Words

As we noted at the onset, finding a reliable brokerage service can present a significant challenge because of several factors. 

However, regulated and efficient brokerage firms like ETFinance are some of the most significant contributors to the continued existence and growth of the financial market. These brokers meet the need of traders of different calibers, ensuring swift and secure trade execution at all times.

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