Posts Tagged ‘ICO

In the world of crypto currencies ICOs (Initial Coin Offerings) are a way for many new startup projects to get funding, the problem however is that there have been quite a few of these in the past that did not end up well. There are still some ICOs that are looking suspicious or are screaming Scam all over the place, so you need to be extra careful should you decide to invest into such a project. Here comes ICOindex, a simple and easy to use platform that enables you to find all ongoing and upcoming ICOs, so you can do your research and decide if you find something interesting or not. The website also tracks suspicious ICOs that you should treat with extra caution as well as ones that are looking like scams and you should avoid wasting your money on.

We are not that big fans of ICOs in the crypto world, though we have taken part in some ourselves and will probably continue doing so in the future as well. Doing a proper research and avoiding projects that raise suspicion and have not produced anything yet, but only give you big promises is usually a wise idea. Investing in an initial coin offering may give you satisfaction from being a part of the success of a good project and can also make you some nice profit, but it is also risky form of investment, so be careful not to invest more than you can afford to loose. So a resource such as the ICOindex website might be useful starting point in giving you up do date information and some pointers, but you should still do your own analysis as well.

For more information about the upcoming and currently ongoing crypto ICOs on ICOindex…

bitbay-logo

The goal of BitBay (BAY) is to create the entire economy within the crypto space. With the implementation of multiple smart contract methods – such as unbreakable double deposit, Halo contracts, and special time locked contracts with the new CheckLockTimeVerify function, this project can allow all kinds of innovative financial instruments. For example, accounts can be created with two keys that can later convert to three keys. Contracts can be made completely unbreakable, financial derivatives will never go unpaid, and BitBay will be the first coin to convert to a full hedging coin. This means, the price gets locked in after the project proves its development schedule.

The economy of BitBay hinges on decentralized markets. We are supporting Halo technology by licensing their software. Since we see the amazing value in being part of the worlds first decentralized markets with Halo technology and decentralized Bitmessage markets we are honored to be working with them. The technology that we will use in BitBay is based on BlackHalos market engine that leverages Bitmessage. Combining the use of proof of burn, white-lists and Bitmessage Channels, these markets will have no central point of failure. The Bitbay blockchain is impossible to bloat and can scale to meet the needs of international markets.

Furthermore, we use our contact list from Alibaba to help populate all the decentralized markets. BitBay is positioned to replace current online auction websites once the world recognizes the true utility of basing trust on Satoshi’s blockchain tech. After the debut of the markets, we will fork the coin into a hedging coin. This will greatly reward investors who get in on the ground floor, and it will eliminate volatility using a similar system to NuBits. This is all possible because of time locks that allow us to park coins.

BitBay supports Stealth technology. Because of time locks, it will be possible to perform Atomic trades allowing for decentralized exchange.

Bitbay smart contracts are also designed to support the internet of things. We plan on implementing our contracts into hardware. Since the contracts are unbreakable, we will form powerful partnerships in Chinese manufacturing markets and be able to decentralize more than just money. Hardware will store these contracts and be used for honoring agreements and creating mesh networks.

Mesh networks are by FAR the Holy grail of anonymity and freedom. This is internet without IP addresses. Forget, Maidsafe, we want to decentralize the world and make it free for everyone. This is our end goal.

Website:
http://bitbay.market/

Block Explorer:
https://chainz.cryptoid.info/bay/

Coin Specifications

  • Initial ICO + PoS
  • Total Coin Supply: 1 Billion
  • 64 seconds Block Time
  • 1% annual Nominal PoS stake interest
  • 8 hours Min stake age (no max)
  • 10 confirmations for approval
  • 50 confirmations for maturity
  • POS2 Proof of Stake Phase

Wallet:
Online Staking Wallet
Windows
Linux
Mac OS

Source Code:
at GitHub

Mining Pools:
No mining pools, the coin had ICO and is now PoS.

Coin Exchanges:
Bter


top