Archive for the ‘Crypto ICOs’ Category

We have recently told you about the Cryptum ICO that is currently running with one of the goals of the project being to Crowdfund the First Crypto Mining Board Game and now we are going to be sharing some of the latest developments surrounding the project that our team is also helping develop. Our focus of course is the development of Blockchain: The Board Game as we are actively taking part in that side of the whole idea and since it can also use some community feedback and help you can chime in as well. The current plan for the game is to include 85 actual crypto currencies, there are 85 slots available for coins and although they are already filled you can still get a coin in. You can get into the free voting in this Bitcointalk thread where you can vote for coins to stay or to be swapped with another one. Alternatively, if you want to secure a place for a specific coin you can do so with paid voting here. Do have in mind though that you are not just paying for the coin listing, but you are essentially purchasing a certain amount of CRTM tokens and get the listing as a free extra, so you will be supporting the project development and get the coin you want listed.

Another interesting development is the announcement of the plan to have the two main crypto currencies inside the game (Bitcoin and Ethereum) represented with their own real metal coins. The 3D models of the coins have already been made by the designer Francesco OrrĂ¹ and you can already see 3D renders on how they will look, though the actual production of the metal coins has not started yet. During the game development 3D printed plastic tokens will be used some of which have already been printed to test out designs and such. There are more elements form the game currently being worked on as it is an ongoing project and will take some time, precisely why the work has been ongoing even before the actual start of the funding via an ICO.

The latest interesting announcement for now is the name of the first crypto currency exchange to officially be featured in the crypto mining board game and that one is ShapeShift. Other exchanges have been contacted and more names will probably be announced soon, but for now ShapeShift is the first one. Getting in touch with exchanges is not as easy thing as you might expect, especially the bigger they are, so this could take some time. Then there is also an expansion for the game planned to be released after the game that will offer expanded gameplay and more exchange mechanics.

For more about the Cryptum ICO and Blockchain: The Cryptocurrency Board Game…

Here is another interesting mining project that got our attention – HydroMiner. A mining project that tries to make crypto currency mining more Eco-friendly by using hydro power stations for generating the electricity used by mining rigs. We already know that there are some hydro power stations being used for large mining farms in Asia, but here the project aims to do it in Europe and more specificall in the Austrian Alps. An ambitious goal trying to expand the current mining capacity from 290 kW all the way up to 7 MW if the maximum goal of the upcoming ICO is reached. Today the project had its pre-sale and it ended at just about 36 minutes according to the official information rising 1500 ETH with the actual token sale (H2O Token) starting on October 18th and running for a month. You can check the HydroMiner Whitepaper here for more details and detailed description of the project.

Hydro power is generally thought to be one of the most effective and lowest-cost renewable energy resources. It is environmentally friendly, carbon-neutral and natural. Hydro power allows to manage resources sustainably and enables low-emission production and it is also simple, controllable and has an excellent track record. Using hydro power stations in the Alps region one of the lowest prices per kilo Watt in Europe can be achieved, bringing the costs for the mining operation further down. Further cost savings can be realized by using the cold water for cooling the mining equipment, so no extra electricity costs for cooling. Where possible, mining equipment is built inside standard sea freight containers. The advantage is that containers can easily be assembled in once place and then taken to the hydro power station, in addition, the container can be moved to another location very quickly if needed, sometimes depending on water levels or the need for extensive maintenance to the power station’s turbines.

As you know we are not big on ICOs, but there are some that actually do catch our attention, especially ones that are related to mining and the HydroMiner project is one of those where we see a good potential. Of course with all such projects looking for funding via ICOs there is risk, so while we can point you to check out the project in details we are not going to be giving any investment advice – it is up to you to decide. We are just sharing the information about HydroMiner as a new and promising project to bring an alternative to traditional cloud mining options already available. An alternative that tries to be more efficient and Eco-friendly and not just focusing on bringing profits to its investors, even though most miners focus on profits the most.

For more information about the Eco-friendly HydroMiner cloud mining project…

The craze for ICOs (Initial Coin Offerings) seems to be going on and instead of things starting to calm down things are actually getting more and more intense, regardless of the news that some countries may be banning them or regulating them. Nowadays all we pretty much see in our sidebar with ads, provided mostly by Google, is pretty much all about ICOs and nothing more. We are also being contacted on a daily basis by a lot of people that are willing to advertise their upcoming or already running ICO or just do a coverage. We are not big fans of Initial Coin Offerings ourselves and writing about them or even directly advertising kind of means that we either approve or endorse them or at least this is what most people will think even if that is not our intention. We have been covering some ICOs in the past, just a few actually, as giving investment advice for ICOs especially has never been the idea or goal of this website. If we see a good idea and want to help promote the project and actually use the service or product that will or is being made directly as a result of an ICO we are going to share that information anyway. In such cases we are even investing something in that particular ICO ourselves, this is how much we believe in the idea. Even then however you should not threat that as an investment advice, you should still do your own research as we may not always be right on the spot…

With all of the above said our team does not track any or all ICOs that are currently appearing, starting or ending, they are quite a lot actually and if you do not specialize on that topic alone it will be hard to cover it all. We are not investors or traders and we do not give investment or trading advice, even if we do both of these as well from time to time. We are not against ICOs as a concept, in fact we have recently taken a part of such a project ourselves – Cryptum, a project that is developing a crypto mining board game among other things, though our interest was caught by that particular side of the project. It is not an ICO that promises great things such as decentralizing the board game business or putting board games on a blockchain, it has much more reasonable goals and a business plan that actually seems quite reasonable. Taking a part in that particular project has allowed us to get a pretty good insight on how things work inside an ICO and how many people try to make profit from such projects, not caring at all about the actual product or service (the ugly side of the business).

You are still welcome to contact us if you are running an ICO, planning to start one, or have even finished such a project. We would gladly check it out if we find it interesting and may even do a coverage here, but don’t just say you want to promote an ICO and you are contacting us for advertisement rates. If you are not able to explain what your project is about in just a few sentences in an understandable way, then don’t even bother writing to us. If you cannot do at least that, then maybe you should not be running an ICO at all… just repeating a couple of keywords such as decentralizing and putting whatever it is on the blockchain all the time probably would work for some people, but not for us. If you cannot explain your idea quickly and easily, then don’t even bother trying to!


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