Fast Access Blockchain(FAB)

Deus X Capital partnered with Fabiano Consulting to provide funding and strategic advice to miners.

The FAB pilot follows Bank ABC’s in Bahrain. JPMorgan also just launched its Tokenization Collateral Network on Onyx.

Remarks at a parliamentary hearing suggest no digital currency swerve when Fabio Panetta steps down in November

Fabiano’s new company will work with Compass Mining and Giga Energy, among others.

“Web3 represents a paradigm shift that reimagines the very fabric of the internet,” said British MP Natalie Elphicke.

The Universal Profiles are a feature, currently in beta, designed to give users a holistic “on-chain identity” that comes with a recoverable crypto account as well as a profile for interacting with decentralized applications.

Private payment services can gain a monopoly over services with no benefit to other market players or economic stability, ECB board member Fabio Panetta said.

Schaan, Liechtenstein, August 16th, 2023, ChainwireEtherMail, the first Web3 Email Solution setting the standard for anonymous and encrypted wallet-to-wallet communication, is offering users the chance to earn 100 EMC as part of its partnership with MoonPay. The offer is set to expire on Thursday 17th August 2023.Up until the 17th of August, the first 10,000 users will receive 100 EMCs for their first use of Moonpay’s Applet within their EtherMail inboxes. Winners will receive an email with a link that will automatically generate their tweet. Once their tweet has been sent, they will be eligible to receive the payment.The partnership between EtherMail and MoonPay aims to provide a smooth payment process within EtherMail, allowing users to conveniently acquire cryptocurrency from their inbox without needing to exit the platform. EtherMail users will gain effortless access to and control over their digital assets within the platform, creating a unified solution for email communication and crypto management.A simple click on the "Buy Crypto" option in the EtherMail sidebar initiates the MoonPay widget. Subsequently, users are guided to input the desired cryptocurrency amount and preferred payment method. After the payment is verified, the purchased cryptocurrency is directly transferred into the user's wallet and integrated into the EtherMail asset-viewer.Since EtherMail’s official launch, the platform has onboarded over 500,000 users and established partnerships with popular NFT projects such as Smurfs Society, Probably Nothing, Toxic Skulls Club, inBetweeners and Prime Planet. EtherMail’s Web3 email solution also facilitated Web3 voting for Decrypt Studios’ inaugural Crypties Awards 2022 with more than 10,000 participants – the crypto industry’s preeminent annual awards initiative.Earlier this year, EtherMail secured a $4 million funding round led by Tim Draper and Draper Associates. Having previously invested in Ethereum, Tesla, Coinbase, Polygon and SpaceX, Draper has a proven track record in backing bonafide industry disruptors. This round followed a $3 million round in August 2022, led by top Web3 investors Fabric Ventures and Greenfield One.Shant Kevonian, CEO and Founder of EtherMail said: “With over 15 million users, the MoonPay team are bonafide trailblazers in the field of Web3 payments. Partnering with Moonpay is a significant step forward for EtherMail, demonstrating our unwavering commitment to delivering the most secure, user-centric experience possible for our rapidly expanding user base – delivering a convenient and seamless payments experience within the EtherMail ecosystem.”Ivan Soto-Wright, MoonPay Co-founder and CEO said: “We’re delighted to partner with EtherMail, a platform at the cutting edge of Web3 email communication. Our one-click on-ramp solution allows users to easily buy cryptocurrency from within their EtherMail inbox. This integration adds an additional layer of trust and security for EtherMail users, as they can rely on our robust infrastructure for secure and compliant payment processing. We look forward to building on our partnership scope with EtherMail in the coming months.”Any companies interested in applying to become an applet can do so here: https://promos.ethermail.io/partnership-applicationJoin the official EtherMail Telegram channel and follow the latest developments on Twitter.For more information on how EtherMail can help your project maintain a direct and secure line of communication with your asset holders, visit: https://ethermail.io/daosAbout EtherMailEtherMail is the first Web 3.0 Email Solution setting the standard for anonymous and encrypted wallet-to-wallet communication. With EtherMail, companies can send rich, relevant content directly to their asset holders based on blockchain-synced real time information. EtherMail also allows fully anonymous P2P communication and rewards its users for reading relevant content in their inbox.About MoonPayMoonPay is the world's leading Web3 infrastructure company. It provides end-to-end solutions for payments, enterprise-scale digital asset and smart contracts minting, and world-class design to power Web3 strategies and ideas for the world's most iconic brands. MoonPay is active in more than 160 countries and is trusted by 450+ partners, including leading wallets, commercial brands, and applications. For more information, visit: https://www.moonpay.com/ContactFounderLorcan [email protected]

Schaan, Liechtenstein, August 16th, 2023, ChainwireEtherMail, the first Web3 Email Solution setting the standard for anonymous and encrypted wallet-to-wallet communication, is offering users the chance to earn 100 EMC as part of its partnership with MoonPay. The offer is set to expire on Thursday 17th August 2023.Up until the 17th of August, the first 10,000 users will receive 100 EMCs for their first use of Moonpay’s Applet within their EtherMail inboxes. Winners will receive an email with a link that will automatically generate their tweet. Once their tweet has been sent, they will be eligible to receive the payment.The partnership between EtherMail and MoonPay aims to provide a smooth payment process within EtherMail, allowing users to conveniently acquire cryptocurrency from their inbox without needing to exit the platform. EtherMail users will gain effortless access to and control over their digital assets within the platform, creating a unified solution for email communication and crypto management.A simple click on the "Buy Crypto" option in the EtherMail sidebar initiates the MoonPay widget. Subsequently, users are guided to input the desired cryptocurrency amount and preferred payment method. After the payment is verified, the purchased cryptocurrency is directly transferred into the user's wallet and integrated into the EtherMail asset-viewer.Since EtherMail’s official launch, the platform has onboarded over 500,000 users and established partnerships with popular NFT projects such as Smurfs Society, Probably Nothing, Toxic Skulls Club, inBetweeners and Prime Planet. EtherMail’s Web3 email solution also facilitated Web3 voting for Decrypt Studios’ inaugural Crypties Awards 2022 with more than 10,000 participants – the crypto industry’s preeminent annual awards initiative.Earlier this year, EtherMail secured a $4 million funding round led by Tim Draper and Draper Associates. Having previously invested in Ethereum, Tesla, Coinbase, Polygon and SpaceX, Draper has a proven track record in backing bonafide industry disruptors. This round followed a $3 million round in August 2022, led by top Web3 investors Fabric Ventures and Greenfield One.Shant Kevonian, CEO and Founder of EtherMail said: “With over 15 million users, the MoonPay team are bonafide trailblazers in the field of Web3 payments. Partnering with Moonpay is a significant step forward for EtherMail, demonstrating our unwavering commitment to delivering the most secure, user-centric experience possible for our rapidly expanding user base – delivering a convenient and seamless payments experience within the EtherMail ecosystem.”Ivan Soto-Wright, MoonPay Co-founder and CEO said: “We’re delighted to partner with EtherMail, a platform at the cutting edge of Web3 email communication. Our one-click on-ramp solution allows users to easily buy cryptocurrency from within their EtherMail inbox. This integration adds an additional layer of trust and security for EtherMail users, as they can rely on our robust infrastructure for secure and compliant payment processing. We look forward to building on our partnership scope with EtherMail in the coming months.”Any companies interested in applying to become an applet can do so here: https://promos.ethermail.io/partnership-applicationJoin the official EtherMail Telegram channel and follow the latest developments on Twitter.For more information on how EtherMail can help your project maintain a direct and secure line of communication with your asset holders, visit: https://ethermail.io/daosAbout EtherMailEtherMail is the first Web 3.0 Email Solution setting the standard for anonymous and encrypted wallet-to-wallet communication. With EtherMail, companies can send rich, relevant content directly to their asset holders based on blockchain-synced real time information. EtherMail also allows fully anonymous P2P communication and rewards its users for reading relevant content in their inbox.About MoonPayMoonPay is the world's leading Web3 infrastructure company. It provides end-to-end solutions for payments, enterprise-scale digital asset and smart contracts minting, and world-class design to power Web3 strategies and ideas for the world's most iconic brands. MoonPay is active in more than 160 countries and is trusted by 450+ partners, including leading wallets, commercial brands, and applications. For more information, visit: https://www.moonpay.com/ContactFounderLorcan [email protected]

The SEC has taken decisive action against Crowe U.K. LLP, a pro-crypto London-based audit firm over the auditing of music streaming service Akazoo. The firm's CEO, Nigel Bostock, and senior auditor, Matthew Stallabrass, who advocate for wider crypto adoption, have also been implicated for their roles in a flawed audit of the music streaming entity, Akazoo Limited. All parties involved have opted for a settlement with the SEC. Akazoo revenue overstated Diving into the details, the SEC's findings reveal that Crowe U.K. had given Akazoo's 2018 financial statements a clean bill of health. However, post Akazoo's public debut in 2019 through a merger with a special purpose acquisition entity, discrepancies emerged. Akazoo's 2018 financial records boasted a whopping $120 million in revenue, a figure that was later debunked, revealing only trivial revenue figures. The SEC's probe highlighted that Crowe U.K.'s audit team lacked the requisite experience and training in Public Company Accounting Oversight Board (PCAOB) standards. The oversight became evident when the team missed glaring warning signs, such as accepting fabricated agreements and dubious confirmation letters from Akazoo without the necessary scrutiny. Failings and penalties The SEC's findings also spotlighted the roles of Bostock and Stallabrass. Bostock, as the lead for the Akazoo audit, was found lacking in his supervisory duties, documentation, and professional care. On the other hand, Stallabrass, responsible for reviewing the audit's quality, failed to conduct a comprehensive review. Eric Werner, the Regional Director of the Fort Worth Regional Office, commented on the situation, emphasising the role of Crowe U.K. in lending an unwarranted legitimacy to Akazoo, facilitating its entry into the public trading arena. He stressed the SEC's commitment to holding such gatekeepers accountable to prevent financial deceptions from infiltrating public markets. In the settlement, without admitting to any wrongdoing, Crowe U.K., Bostock, and Stallabrass have agreed to pay penalties amounting to $750,000, $25,000, and $10,000, respectively. They've also committed to refraining from any future violations related to the Exchange Act and Regulation S-X. Additionally, Crowe U.K. will voluntarily withdraw its PCAOB registration and introduce measures concerning new client acquisitions. Both Bostock and Stallabrass face suspensions from practising before the SEC as accountants, with potential reinstatements after five and two years, respectively. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

The SEC has taken decisive action against Crowe U.K. LLP, a pro-crypto London-based audit firm over the auditing of music streaming service Akazoo. The firm's CEO, Nigel Bostock, and senior auditor, Matthew Stallabrass, who advocate for wider crypto adoption, have also been implicated for their roles in a flawed audit of the music streaming entity, Akazoo Limited. All parties involved have opted for a settlement with the SEC. Akazoo revenue overstated Diving into the details, the SEC's findings reveal that Crowe U.K. had given Akazoo's 2018 financial statements a clean bill of health. However, post Akazoo's public debut in 2019 through a merger with a special purpose acquisition entity, discrepancies emerged. Akazoo's 2018 financial records boasted a whopping $120 million in revenue, a figure that was later debunked, revealing only trivial revenue figures. The SEC's probe highlighted that Crowe U.K.'s audit team lacked the requisite experience and training in Public Company Accounting Oversight Board (PCAOB) standards. The oversight became evident when the team missed glaring warning signs, such as accepting fabricated agreements and dubious confirmation letters from Akazoo without the necessary scrutiny. Failings and penalties The SEC's findings also spotlighted the roles of Bostock and Stallabrass. Bostock, as the lead for the Akazoo audit, was found lacking in his supervisory duties, documentation, and professional care. On the other hand, Stallabrass, responsible for reviewing the audit's quality, failed to conduct a comprehensive review. Eric Werner, the Regional Director of the Fort Worth Regional Office, commented on the situation, emphasising the role of Crowe U.K. in lending an unwarranted legitimacy to Akazoo, facilitating its entry into the public trading arena. He stressed the SEC's commitment to holding such gatekeepers accountable to prevent financial deceptions from infiltrating public markets. In the settlement, without admitting to any wrongdoing, Crowe U.K., Bostock, and Stallabrass have agreed to pay penalties amounting to $750,000, $25,000, and $10,000, respectively. They've also committed to refraining from any future violations related to the Exchange Act and Regulation S-X. Additionally, Crowe U.K. will voluntarily withdraw its PCAOB registration and introduce measures concerning new client acquisitions. Both Bostock and Stallabrass face suspensions from practising before the SEC as accountants, with potential reinstatements after five and two years, respectively. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

Granite city, U.S. Outlying Islands, August 14th, 2023, ChainwireBTCX Token, a revolutionary platform inspired by the rebranding of Twitter and the visionary influence of Elon Musk, has secured $1.5 million in pre-seed and seed funding to address inefficiencies in the cryptocurrency market. With the aim of upgrading Bitcoin by introducing hyper-deflationary features, BTCX Token seeks to redefine the future of cryptocurrency, tackling key challenges such as volatility, inefficiency, scalability, and sustainability.The recently concluded funding, with a valuation of $10 million, is backed by prominent names in the industry by following the steps of the early-staged Bitcoin, enabling BTCX Token to fully enhance its technological foundation and expand both within and outside the cryptocurrency ecosystem. The involvement of experienced Advisory Board members ensures that BTCX Token will solidify its innovative presence in the market.BTCX Token's unique approach in the form of the combustion model represents a systematic means of controlling supply. By permanently reducing the circulating supply through burning, it creates a scarcity that drives value, echoing transformative moves by tech giants and industry leaders. Unlike arbitrary burning mechanisms, BTCX Token's strategy is thoughtfully aligned with its core ideology, crafting a stable and thriving cryptocurrency ecosystem that promises future appreciation.The BTCX Token also introduces a novel concept in staking, offering investors a chance to earn BTCX tokens passively by holding them using BTCX's disrupting algorithm. This simplification and democratization of staking marks a significant milestone, setting it apart from more traditional and volatile avenues. By rewarding stakers, BTCX Token aligns user interests with network growth, creating a mutually beneficial environment. This alignment of incentives fosters community participation and engagement, a crucial factor for enduring success in the rapidly changing crypto world.The Tokenomics of BTCX Token are intricately woven into the fabric of its design, ensuring long-term viability and a deep commitment to growth. With a total supply of 21,000,000 BTCX Token, the structure includes 5,250,000 BTCX Token for presale, 8,610,000 BTCX Token for burning, 5,040,000 BTCX Token as a reward for staking, and 2,100,000 BTCX Token for liquidity. The presale of BTCX Token Token allowed investors to buy at attractive prices, reflecting the community's confidence in this groundbreaking project. By staying attuned to market needs and trends, BTCX Token demonstrates adaptability, a vital factor in the rapidly evolving crypto landscape.The platform's ideology is firmly rooted in inspiration and innovation, and it's poised to pave the way for the next Bitcoin era, offering solutions, opportunities, and a vision for the future. By focusing on adaptability, security, and performance, BTCX Token connects diverse liquidity hubs without fragmentation, ensuring relevance and resilience. The revolution has begun, and BTCX Token is leading the charge.After months of development and testing, BTCX Token is ready to embark on a new chapter in crypto history, signifying a leap in thinking and evolution in the cryptocurrency space. As the project's public mainnet is set to open, the world watches with anticipation, recognizing BTCX Token as more than just a new Token; it's the beginning of a new era.For more information about BTCX Token, please visit: BTCX.IOAbout BTCX TokenBTCX Token is more than just a cryptocurrency; it signifies a leap in thinking and an evolution inspired by innovative leadership. By addressing industry needs and introducing innovations in staking, combustion, and presale strategies, BTCX Token is poised to pave the way for the next Bitcoin era.Website | Twitter | TelegramContactPRMason CallahanBitcoin [email protected]

Granite city, U.S. Outlying Islands, August 14th, 2023, ChainwireBTCX Token, a revolutionary platform inspired by the rebranding of Twitter and the visionary influence of Elon Musk, has secured $1.5 million in pre-seed and seed funding to address inefficiencies in the cryptocurrency market. With the aim of upgrading Bitcoin by introducing hyper-deflationary features, BTCX Token seeks to redefine the future of cryptocurrency, tackling key challenges such as volatility, inefficiency, scalability, and sustainability.The recently concluded funding, with a valuation of $10 million, is backed by prominent names in the industry by following the steps of the early-staged Bitcoin, enabling BTCX Token to fully enhance its technological foundation and expand both within and outside the cryptocurrency ecosystem. The involvement of experienced Advisory Board members ensures that BTCX Token will solidify its innovative presence in the market.BTCX Token's unique approach in the form of the combustion model represents a systematic means of controlling supply. By permanently reducing the circulating supply through burning, it creates a scarcity that drives value, echoing transformative moves by tech giants and industry leaders. Unlike arbitrary burning mechanisms, BTCX Token's strategy is thoughtfully aligned with its core ideology, crafting a stable and thriving cryptocurrency ecosystem that promises future appreciation.The BTCX Token also introduces a novel concept in staking, offering investors a chance to earn BTCX tokens passively by holding them using BTCX's disrupting algorithm. This simplification and democratization of staking marks a significant milestone, setting it apart from more traditional and volatile avenues. By rewarding stakers, BTCX Token aligns user interests with network growth, creating a mutually beneficial environment. This alignment of incentives fosters community participation and engagement, a crucial factor for enduring success in the rapidly changing crypto world.The Tokenomics of BTCX Token are intricately woven into the fabric of its design, ensuring long-term viability and a deep commitment to growth. With a total supply of 21,000,000 BTCX Token, the structure includes 5,250,000 BTCX Token for presale, 8,610,000 BTCX Token for burning, 5,040,000 BTCX Token as a reward for staking, and 2,100,000 BTCX Token for liquidity. The presale of BTCX Token Token allowed investors to buy at attractive prices, reflecting the community's confidence in this groundbreaking project. By staying attuned to market needs and trends, BTCX Token demonstrates adaptability, a vital factor in the rapidly evolving crypto landscape.The platform's ideology is firmly rooted in inspiration and innovation, and it's poised to pave the way for the next Bitcoin era, offering solutions, opportunities, and a vision for the future. By focusing on adaptability, security, and performance, BTCX Token connects diverse liquidity hubs without fragmentation, ensuring relevance and resilience. The revolution has begun, and BTCX Token is leading the charge.After months of development and testing, BTCX Token is ready to embark on a new chapter in crypto history, signifying a leap in thinking and evolution in the cryptocurrency space. As the project's public mainnet is set to open, the world watches with anticipation, recognizing BTCX Token as more than just a new Token; it's the beginning of a new era.For more information about BTCX Token, please visit: BTCX.IOAbout BTCX TokenBTCX Token is more than just a cryptocurrency; it signifies a leap in thinking and an evolution inspired by innovative leadership. By addressing industry needs and introducing innovations in staking, combustion, and presale strategies, BTCX Token is poised to pave the way for the next Bitcoin era.Website | Twitter | TelegramContactPRMason CallahanBitcoin [email protected]

Cryptocurrencies like Polkadot ($DOT) and Chainlink ($LINK) have experienced a tumultuous year thus far, with extended bull runs immediately followed by sharp drops. However, with the crypto market showing signs of renewed optimism, some investors speculate that $DOT and $LINK could reach the fabled $10 mark in the weeks ahead. Meanwhile, another new Web3 project, […]

Schaan, Liechtenstein, August 7th, 2023, ChainwireEtherMail, the first Web3 Email Solution setting the standard for anonymous and encrypted wallet-to-wallet communication, has today announced a partnership with Huddle01, the company building the world's first decentralized real-time communication (dRTC) network.Huddle01 and EtherMail have formed a strategic partnership to revolutionize communication solutions for the Web3 era. By integrating Huddle01's collaborative platform with EtherMail's secure Web3 email solution, both parties aim to offer a privacy-centric, cutting-edge solution for businesses seeking efficient, secure and streamlined communication tools.As part of the integration, when a user creates a meeting via Huddle01, an event invite is automatically sent to their EtherMail inbox. Users can also send a Huddle01 link to meetings from their EtherMail account. Ethermail users will be rewarded 50 EMCs on their first use of the Applet, to try it out. From the 7th - 14th of August, the first 10,000 users will receive 50 EMCs for their first use of Huddle01. Once they tweet about using Huddle01, they will be eligible to receive the payment.Huddle01 has adopted a comprehensive strategy to enhance the efficiency, reliability, and security of audio/video communication. This encompasses a video meeting platform, a/v infrastructure with developer SDKs, and a decentralized real-time communication (dRTC) network. The platform has already accumulated 1 million+ minutes of meetings, while the infrastructure has over 100 projects built on top of it to date.Since EtherMail’s official launch, the platform has onboarded over 500,000 users and established partnerships with popular NFT projects such as Smurfs Society, Probably Nothing, Toxic Skulls Club, inBetweeners and Prime Planet. EtherMail’s Web3 email solution also facilitated Web3 voting for Decrypt Studios’ inaugural Crypties Awards 2022 with more than 10,000 participants – the crypto industry’s preeminent annual awards initiative.Earlier this year, EtherMail secured a $4 million funding round led by Tim Draper and Draper Associates. Having previously invested in Ethereum, Tesla, Coinbase, Polygon and SpaceX, Draper has a proven track record in backing bonafide industry disruptors. This round followed a $3 million round in August 2022, led by top Web3 investors Fabric Ventures and Greenfield One.Shant Kevonian, CEO and Founder of EtherMail said: “The partnership between Huddle01 and EtherMail marks a pivotal moment in the evolution of secure communication for the Web3 space. Together, we can offer businesses an unprecedented level of data privacy, seamless communication, and enhanced productivity. This alliance cements our commitment to revolutionize the way companies safeguard sensitive information, providing a game-changing solution for the future of secure digital communication.”Ayush Ranjan, Co-founder, and CEO of Huddle01 said: “We’re very excited to partner with EtherMail, as our platforms share clear synergies and goals to redefine the standards of secure communication. By integrating EtherMail's category-leading Web3 email system into our platform, we’re bolstering the level of data privacy and security for our users. Together, we are empowering businesses with cutting-edge communication tools to navigate the Web3 landscape with confidence.”Users can Join the official EtherMail Telegram channel here, and follow the latest developments on twitter.For more information on how EtherMail can help your project maintain a direct and secure line of communication with your asset holders, visit: https://ethermail.io/daosAny companies interested in applying to become an applet can do so here: https://promos.ethermail.io/partnership-applicationAbout EtherMailEtherMail is the first Web 3.0 Email Solution setting the standard for anonymous and encrypted wallet-to-wallet communication. With EtherMail, companies can send rich, relevant content directly to their asset holders based on blockchain-synced real time information. EtherMail also allows fully anonymous P2P communication and rewards its users for reading relevant content in their inbox.About Huddle01The brainchild of Ayush Ranjan and Susmit Lavania, Huddle01 was co-founded at the 2020 ETHGlobal hackathon with a vision to make real-time communication open, secure, and borderless by leveraging blockchain & crypto-economics. Huddle01 has its own video meeting platform similar to Zoom that uses crypto primitives and has clocked in 1 million+ minutes of meetings. The infrastructure (developer SDKs) has over 100 projects built on top of it in categories like social, DAO tooling, education and the metaverse. Multiple web3 applications have integrated the composable Huddle01 SDKs as their video communication layer. The dRTC network will be launched by Q4 of 2023 and will eliminate the dependency on centralized servers for real-time video communication. To learn more visit, www.huddle01.comContactFounderLorcan [email protected]

Fabian Vogelsteller has been working full-time to create his new blockchain since 2018, with its mainnet launching just this May.

With the crypto market continuing to rebound, attention-grabbing meme coins are captivating the investment community. Shiba Inu, often called the “Dogecoin killer,” has been making headlines – with investors now debating whether the token can reach the fabled $1 level. However, newer low-cap meme coins are emerging, raising questions about whether they present a more […]

The funds will go towards building out Fableborne, the studio’s flagship Web3 game.

According to Fabio Panetta, the volatility of crypto and aspects of blockchain technology made digital assets only suitable for gambling.

Fabian Vogelsteller is launching his new project, a layer 1 blockchain “LUKSO,” and validators will be able to join the network through the Genesis Validator Smart Contract Deposit.

There is little doubt that Overstock has had a fabulous 2017 to date. As of 10th November 2017, the American internet retailer has seen its stock price rise almost 200% compared to the start of the year. This is pretty special however you look at it, but especially since it actually reported pre-tax losses of $6.5 million for Quarter 3 of the year. So why does the market view Overstock so optimistically when it has recently reported figures like these? Blockchain a big boost to Overstock The key factor behind the market's rosy view on the company lies in the investments made by Overstock in the cryptocurrency sector, specifically Blockchain technology. It would seem the market is predicting these investments will pay-off in the long-term, hence why the stock price for the company remains so high. Overstock have also suggested they may have plans around ICOs which have excited the market. Should the company focus on Blockchain more now? It must be remembered that Overstock is primarily a home goods and clothes retailer at heart. The current market sentiment seems to be mainly in its Blockchain endeavours though and its reported interest in ICOs. This has led many to believe that Blockchain is the way forward for the company and may set out their route for continued success. This is especially true as the whole cryptocurrency market itself seems set to see continued growth. Only time will tell Of course, at this moment in time, Overstock has not confirmed any plans to sell off its core business and move to being a solely Blockchain-based company. The company's senior management will have to make sure whatever decision they come to around the area is based on sound business facts and not just because cryptocurrency is big news right now. One thing to remember is that plenty of companies started out life as one thing before deciding to move with the times into a new, successful area. Amazon and Nokia are just two of the massive names to do this in history that spring to mind.

It may at first seem rather perverse that the continuing increase in the value of Bitcoin, the most successful cryptocurrency to date, should result in a bigger divide between those who believe in the new digital currency and those who are still sceptical. Schools of thought vary from people who believe we are seeing the firming-up of a new global currency, to people who maintain that this new phenomenon is nothing more than a fraud. Those who position themselves between the two extremes are either sitting back reserving judgment, or are those who believe Bitcoin to be a genuine long-term currency, but that the cryptocurrency is currently going through a highly speculative phase. Your own stand in where the truth lies will depend on three approaches. 1. The number of genuine holders vs the pure speculators The genuine holders of Bitcoin are those who are of the opinion that the future value of the cryptocurrency is outside the control of banks and governments. This group of people are also convinced about the technology behind Bitcoin, believing that this will imbue the digital currency with an innovative long-standing advantage. At this point in time, there is no clear understanding of how many genuine holders of Bitcoins there are against sheer speculators. The smaller the genuine camp is in proportion to the speculators, the greater the fluctuation of the value is likely to be. 2. The potential for widespread take-up Will Bitcoin be used by a wider audience simply for making transactions, or will they be used for savings? Those in favour of Bitcoin as a long-term currency think that it is only a matter of time. The fact the CME will offer Bitcoin futures and that Japan decided just last month to accept Bitcoin as legal tender, fuel their fire of belief. The sceptics, on the other hand, are simply waiting for banks and governments to step in and crackdown. They are convinced that the authorities will want to outlaw a cryptocurrency that is outside of their influence and that, in their opinion, doesn’t have appropriate consumer protection. They see China’s stand against Bitcoin as a significant factor. 3. Financial manipulation Bitcoin holders are advantaged by the fact that initiatives like hedge funds face a hard time trying to “short” the digital currency. Not only is it hard to borrow Bitcoin, but there aren’t any assets around to fabricate proxies that can influence the pricing mechanism. What this boils down to is that the Bitcoin market is biased towards the long. There are those, however, who believe that the arrival of future trading in Bitcoins will result in easier exchange and price manoeuvrability opening up the way for the “shorts” to become more involved. Make up your own mind You must, of course, draw your own opinions for what the future of Bitcoin holds.

Pepo & Fab.com founder Jason Goldberg is the brains behind Simple Token a protocol for apps to build branded tokens, bridging the gap between cryptocurrencies and mainstream consumer apps. With the Simple Token protocol any app can launch branded tokens on open scalable side-chains. This new technology is a revolutionary way for any already existing business to take advantage of tokenization in order to better serve their clients. The CEO of the company an 18 year tech veteran see's the evolution and life cycle of a token as a network of networks. He believes that Metcalfe’s law should come into play over time as the overall demand for ST increases as an exponential function of the number of nodes in the network. This Week In Startups › jason-goldberg So how exactly does this work? The token is powered by their ERC-20 token “ST” which enables any company to stake ST on Ethereum main-net to mint their own branded digital currency (aka “tokens”) on open scalable side blockchains, in a crypto-graphically auditable manner. They are also building a software suite for managing your token economy, enabling easy access and simple steps to tokenizing your business without the long and expensive process of a Token Generation Event or Initial Coin Offering. They are referring to the process as a branded token that can be used for major purchases or micro-transactions. This is different than so many loyalty-point programs, the value of your branded token is always clear. Customers can spend the branded tokens they earn on your products or to purchase from each other. They can convert them into the branded tokens of any other company tokens using the Simple Token platform. Granted like any big idea this is a daunting and ambitious project!. The author believes that with any project an award winning team and a visionary founder is the driving force to world changing technology. The openST Foundation The Foundation's intended purpose is to promote the real world application of the OpenST protocols and its implementations, collectively referred to as “the OpenST Platform” or “the Platform”. It will have its own robust governance model, including formal policies and procedures with proper oversight on such topics as: board governance, third party vendor management, membership and token issuance. It is initially conceived that The Foundation shall conduct the following activities: Manage the ST token supply. Manage the Platform development and intellectual property. Allocate Foundation resources. Evaluate and approve memberships to the Platform. Evaluate and approve ST token grants under the ST Network Accelerator Program. (see the Project Deck / Whitepaper for further information) Approve the deployment of branded tokens based on Simple Tokens. The Foundation may take on other activities that align with the best interests of the platform, including its governance framework. In the future subject at all times to its discretion and the legal and regulatory obligations to which it is subject. For more information go to on the OpenST Foundation, SimpleToken ,the project slidedeck or the technical whitepaper visit: https://simpletoken.org Disclaimer this article does not constitute as investment advice or recommend any participating in any crowd sales or Initial coin offerings and is for informational purposes only. Disclosures The author may have a relationship with some of the people or companies mentioned in this article.