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A BLOCKCHAIN-ENABLED FUTURE Empowerment Autonomous Trustless

A BLOCKCHAIN-ENABLED FUTURE
Empowerment Autonomous Trustless

Blockchain technology is becoming a tidal wave of innovation and practical blockchain applications are becoming more mainstream. It’s moving beyond the hype of a couple of years ago and now bearing fruit, bringing real benefits to individuals and organizations. 

Blockchain can be a tricky concept to get your head around, but to put it simply it is a tool that offers industries the ability to increase productivity and revenue, cut costs, ensure transparency and reduce wasted time and paperwork. It’s a new foundation underpinning our everyday tasks. 

The pivotal advantage of blockchain is that there is no central hub. It has the transparency of a distributed ledger combined with the cryptographic security of an immutable data chain that makes this technology an ideal instrument for any business to exchange and validate information. Blockchain is a baseline technology that can be configured in various ways to suit different purposes and accommodate individual businesses across the board. 

 

The Business Value With Blockchain

There are a few key areas where blockchain can add value to businesses and individuals, 

Cost Reduction
Businesses no longer have to pour profits into logistics, intermediaries, and administrative paper trails. The blockchain can streamline supply chains, cutting out the middleman and banishing processes that slow efficiency and eat profits.

Revenue Creation
The blockchain does away with administrative and collaborative boundaries, allowing for innovative strategies that simply weren’t viable before the advent of Blockchain technology. This is a new freedom, where distributed ledgers and cryptography pave the way for new infrastructure and revenue models. 

Consumer Impact
New business models provide the opportunity to meet the previously overlooked needs of consumers and communities. In the medical field, for example, where remote patient care and record-keeping may have been an issue in the past, blockchain advances provide ways to overcome those barriers using synchronized records and smart care devices on the network.

Freedom And Equality
Entrepreneurs, writers, and all types of creative artists are able to attain recognition, financial sovereignty, data privacy, and autonomy now that Blockchain has been utilized and is what drives the next generation social market network. Working online is at an all-time high and with the rise in social media and online marketing activity, blockchain makes it more equitable bringing true freedom for the individual. 

Blockchain Disruption

Blockchain is already making waves in financial services, tech companies, healthcare, social market network, and digital media. Below are two infographics from Visual Capitalist that were inspired by a McKinsey study researching a combined industry analysis with more than 90 distinct use cases. 

The Problem with Centralized Infrastructure

Today on the Internet, we must constantly trust one another with sensitive data, transactions, and records. Most of our interactions on the Internet run on centralized web servers, and massive amounts of user data often exist in a single database. Current databases are designed to be controlled by “trusted” admins who can read, alter, block, and even delete data. The centralized architecture of the Internet today is not only inefficient but vulnerable to censorship and targeted attacks by both hackers and internal bad actors.

The Value of Decentralization

The decentralized architecture of a blockchain is a global network of computers simultaneously running the software and validating the chain of transactions is what ensures that the transaction record is never compromised. Decentralization is critical as an architectural principle. It makes a blockchain network less likely to fail, harder to attack, and harder for bad actors to game the system.

As blockchain adoption spreads, it can become a driving force for promoting equitable societies, solving complex economic issues, and transforming how we live and work every day.

 

 

Two Practical Applications Of Blockchain

1. Smart Contracts
Blockchain and smart contract technologies function well in instances where legal contracts are required to maintain ownership rights and data privacy laws. These customizable, self-executing smart contracts on the blockchain can be easily managed by all parties. Smart contracts allow the decentralization of trustless transactions, worldwide and on a large scale. These can encompass different kinds of interaction, not only human-to-human but also human-to-machine and machine-to-machine.

 

Issues with ownership rights and royalties are commonplace within the entertainment industry. To navigate these issues, blockchain technology offers an unchangeable, traceable, real-time distribution, and reporting network for all involved. Ujomusic is one such application that is helping artists track their royalties worldwide. In the music industry, blockchain technology can bring artists and fans closer together, allowing listeners to pay micropayments to artists for listening to their songs directly.

Artists are not always paid in a reasonable time by major players who control the music industry, sometimes even waiting years to receive their earning for their work. By utilizing smart contracts, artists and studios can ensure that intellectual property agreements are met by other parties and smart contracts could be implemented that instantly pay artists once certain requirements are met.


Image credit Disruptor Daily

 

Data privacy issues, massive scale surveillance, also known as dataveillance and lack of freedom of speech in the social media realm have become a distinct problem. Markethive, a social media, and inbound marketing platform have not only addressed these issues to empower the individual, but it has also utilized smart contract technology.  

This is in the form of the Markethive Coin (MHV) which is a fungible cryptocurrency consumer coin, and the Incentivized Loan Program (ILP – Smart Contract). This enables all users to generate an income by just using the platform and the first-mover advantage of share acquisitions consisting of 20% of the company’s net revenue.  Markethive is a collaborative decentralized platform where its Entrepreneurial members can achieve viability and self-sovereignty. 

 

The Framework Of A Smart Contract 

Smart contracts help you exchange money, property, shares, or anything of value in a transparent, conflict-free way while avoiding the services of a middleman. Built upon the blockchain, a smart contract is usually:

  1. Pre-written logic in the form of computer code
  2. Stored and replicated on the blockchain
  3. Executed and run by the network of computers running the blockchain
  4. Can result in updates to accounts on the ledger (i.e. payment for an executed contract)

Using the Ethereum platform, smart contracts can be programmed using basic logic. On the most basic level, they can:

  • Perform calculations (i.e. calculating interest)
  • Store information (i.e. membership records)
  • Send transactions to other accounts (i.e. payment for a good or service)

But most importantly, it is important to know that smart contracts are autonomous. They are not controlled by anyone – instead, they self-execute based on a set of instructions that two parties have agreed to, which is the code.


Image credit Visual Capitalist

 

Benefits of Smart Contracts

Smart contracts are appealing for a variety of reasons:

  • Autonomy: There is no need to rely on third parties, which could be biased or not have your interests at heart.
  • Trust: Your documents are encrypted on a shared ledger, and all parties can have access to them.
  • Redundancy: Documents are duplicated many times over on the blockchain, and can’t ever be “lost”.
  • Safety: Documents are encrypted, making them near-impenetrable by hackers.
  • Speed: These contracts automatically self-execute, saving you precious time.
  • Savings: Smart contracts save you money by taking out the middleman.
  • Precision: Smart contracts execute the exact code provided, ensuring zero errors.
  • Transparency: For organizations like governments, they could add another level of transparency to dealings. Blockchain technology can set up a decentralized system that prevents any form of voting fraud or suspicious movements in the network.

The blockchain is already a disruptive technology, and with these benefits, the potentiality of smart contracts is an amazing step forward for fairer, faster, more lucrative, and trustworthy systems for the companies, organizations, and individuals who embrace it. 

2. Digital IDs
Reportedly, over 1.1 billion people worldwide still have no way to prove their identity according to the World Bank. Simultaneously, companies and financial institutions in both traditional and digital markets are being required to follow more stringent know-your-customer (KYC) initiatives.

Despite this, many providers are still not sufficiently meeting these standards; to further complicate things, regulations vary widely from jurisdiction to jurisdiction. Companies like IBM, Microsoft, and Markethive have migrated to the blockchain to securely and privately verify users. 

Blockchain’s multi-factor verification process eclipses the levels of security that traditional password protection offers. Identities are secured for the decentralized web, for example, data sharing by third party companies has resulted in intrusive advertising. Blockchain-based identification means that no third parties can access your personal data without your consent.   

The thing to be aware of is companies and platforms that claim to be blockchain-based but have a centralized identification protocol. There will be resistance from these entities that profit from the current system where people have no control over their personal data. Big companies manipulate data, so they are not very interested in decentralizing that type of information.  

The existence of blockchain-based, yet centralized ID platforms could cause confusion among organizations and the general public. However, it's likely that the advantages of the best decentralized platforms possessing enough reach will inevitably make themselves known to the masses, so that eventually a few dominant platforms will emerge. As we move forward the majority will realize the advantages of a completely decentralized system that offers security, transparency, privacy, and gives control back to the users. 


Image credit Disruptor Daily

Conclusion

The world is waking up to the impressive capabilities of the blockchain. As a foundational technology that anything can be developed and augmented on top of it, the potential applications of the blockchain go way beyond just payments or cryptocurrencies. In fact, the blockchain will revolutionize how we interact with intellectual property, capital markets, insurance, healthcare, government, social media, and internet marketing, along with many other sectors. 

Forward-looking companies that convert to the blockchain to improve the privacy and security of their data and create an environment that is unfettered from political and nefarious agendas, will be the winners on top. 

Just about every company that migrates to the blockchain and new companies launched built upon the blockchain, will prosper, as long as they deliver and make their prime agenda to benefit their customers.

 

ecosystem for entrepreneurs

 

Deb Williams
A Crypto/Blockchain enthusiast and a strong advocate for technology, progress, and freedom of speech. I embrace "change" with a passion and my purpose in life is to help people understand, accept, and move forward with enthusiasm to achieve their goals. 

THE INCENTIVIZED LOAN PROGRAM ILP A Powerful Way To Spread The Wealth

THE INCENTIVIZED LOAN PROGRAM (I.L.P) A Powerful Way To Spread The Wealth.

The Incentivized Loan Program is a powerful and beneficial way to spread the wealth. The ILP is essentially a loan and is regulatory friendly and in compliance with the UCC Code, in that, they can be compliant even with the most stringent regulatory frameworks around the world when it comes to fraud and money laundering. 

The ILP is like a convertible note which is defined as a type of short term debt financing used in early-stage capital raises. You can think of it as an IOU. 

It is essentially a legitimate way to finance projects via the blockchain and has been created and utilized by Markethive as an alternative crowdfunding means of raising funds.  Markethive is the first to offer the Incentivized Loan Program and will be one of the first companies to raise capital by decentralized crowdfunding of debt. 

ILP holders also share in the success of the company and enjoy a form of a return via interest from the net profit of the company which is 20% of the net revenue paid monthly and a balloon payment to be paid at the end of the duration of the note of 20 years. 

Here is a bullet point breakdown…

  • An Incentivized Loan Program creates a legally binding and conforming loan agreement. Because it is a debt instrument, it is not subject to tax and is compliant with the USA UCC code governing debt instruments. 

  • It is open to individuals around the world as loans are allowed almost everywhere.

  • The company doesn’t need to create tokens that are speculative and actually have no use. 

  • Markethive onboard operational capital through this debt structure. ILP holders are issued a transferable secure blockchain token.

  • The maximum amount of ILPs is limited to 1000, although we are targeting to distribute less than 1000. 1 share equals 1 full ILP.

  • Revenue generated from Markethive’s multiple revenue streams will fund the interest payments, paid through the ILP via the blockchain in MHV which can then be converted into the currency of your choice via the Markethive Coin Exchange.

  • 20% of the Net Revenue is paid to all ILP token holders per their pro-rata share as interest payments, as long as the principal is outstanding. A balloon payment is then paid out after 20 years and can be extended upon mutual agreement.  

  • The ILP Blockchain will securely, efficiently and accurately pay the interest payments on a periodical monthly basis. There can be no tampering with blockchain technology. 

  • ILP tokens are sellable through Markethive’s peer to peer auction-style exchange. This gives the ILP token holder control over their exit plan. 

  • ILPs can be broken down into fractions thereof. This can be down to 1/1000th of an ILP. There is a dedicated internal ILP Markethive Exchange being built where members can buy and sell their ILPs or fractions of their ILPs. This turns the ILP into a cash cow. 

  •  ILPs can also be obtained by upgrading from a free member to one of the Entrepreneur Loyalty Programs currently priced at $100 per month. A 1/10th of an ILP is allotted to you after 12 months of consecutive payments and for every year thereafter that you are an active subscriber. Come May1,2020 Price will change  No more Entrepreneur One, No ILP, so you'll want to act fast.

Imminent Growth – Lucrative Outcome

Based on the continual exponential growth according to internal and external data sources as well as ongoing development along with achieving every single milestone over the past 5 years, we are super confident we will exceed 5 million members within the next 2 years.

This is a very conservative estimate, however, based on this data, let’s play around with some figures. We can expect the following growth…

With just 10% of Markethive’s 5 million members upgrading to one of our Loyalty Programs at $100 per month equates to a monthly income of $5 million per month. 20% of the net revenue would be approximately $10 million per month. Divided by the maximum number of 1000 ILP shares, would represent a monthly income of $10,000 per month. For the holders of 1/10th of an ILP that represents a cool $1000 per month for a subscription payment of $100 per month. 

As the company grows the revenue will reflect that growth for a projected duration of 20 years before the loan becomes due which is regarded as a balloon payment. When we initially offered ILPs to our members, they were listed at $10,000, but as a growing amount of ILPs has already been acquired, the ILP is now listed at $100,000 per ILP.  As Markethive gets closer to exponential growth the value of the ILP will continue to increase along with the monthly interest payments. 

An ILP is like owning an Oil Well, as described by Thomas Prendergast, the Founder, and CEO of Markethive. 

Markethive is making it easy to access the ILPs for our rank and file members as we believe and embrace making Markethive everyone’s company. The Markethive coin along with the micropayment faucet is another process of giving our members long term wealth and revenue with a true ecosystem to make use of our coin beyond valuable.

Creating a “Universal Income” for entrepreneurs. Using our state-of-the-art integrated inbound marketing platform, social network, artificial intelligence, business services, ewallet, coin exchange, mining datacenter, incubator and blockchain income platforms for success in the crypto-preneurial and entrepreneurial markets.

View Markethive’s White Paper https://markethive.net/Markethive.Whitepaper.V4.pdf

 

So how do you get your hands on your share of an ILP? You can choose from the following 3 ways…

  1. You can wait for the ILP exchange to be completed and the Markethive wallet in place and then buy ILPs or shares from other members in the exchange.

  2. You can purchase ILP shares or partial shares from us (Markethive) directly. We sell full shares and fractions thereof as small as 1/100th for $1000. Purchase an ILP outright by contacting Douglas @ cfo@markethive.net (priorities are given to ILP purchasers) 

  3. You can upgrade to Entrepreneur One and receive a 1/10th share every year for up to 10 years, which works out to $1,200 a year and receive a 1/10th share. And once you have an Entrepreneur One account and stay current, you keep that account as long as you want.

Conclusion

Markethive’s growth and ever-improving Alexa Ranking, community involvement, the fact Markethive is a Social Network with continued interaction and engagement on the platform, becoming more prevalent each day moving forward. 

A social media platform with all the essential inbound marketing tools needed for growing a business, along with a cryptocurrency ecosystem to ensure universal income for its members. This company is not only poised for a successful launch of its system and Consumer Coin, but it is also set for long term growth and is the next generation of how we interact and conduct business online. 

Markethive is currently in Beta and start-up and the advantages you get today will not last long. You can be considered an early adopter.  Secure your future with the next generation Social Market Network offering you the perfect system for real long-term success, financial freedom, and a place you can call home. This web 3.0 model of social media, inbound marketing, and eCommerce is coming to fruition. This is truly the complete ecosystem for entrepreneurs. 

 

ecosystem for entrepreneurs

 

 

 

 

 

2020 Best Cryptocurrency Tokens And Top Blockchain Projects Potential

2020 Best Cryptocurrency Tokens And Top Blockchain Projects Potential

There is no denying the fact that we are headed towards a decentralized community. Countries all over the world are starting to take notice of the possibilities that digital currencies can offer. The humble begins of the Bitcoin may have started off as a means to transfer funds peer-to-peer while cutting out the middleman.

But today, it is a beast unto itself. All sort of companies is starting up different coins that could become a rival to the ever popular Bitcoin. The question is though, which of these coins will hold out and be worth anything in 2020?

In two short years, a lot can happen. Companies can rise and fall. People could be dealing with a whole new financial institution. What seems like science fiction will become a reality someday. It may not be in two years that we see the fall of the current economic system, but its coming. The technology is there but predicting which companies are worth investing in right now is the tricky part.

Predicting The Digital Currency Dominance For 2020

The list below is the top 10 leading cryptocurrencies. While this list is by no means the best to worst or vice-versa, the coins listed are the companies that are worth keeping a keen eye on in the next two years.

#10 QASH

It is very likely that QASH will be the leading platform for the retail and institutional investors by 2020. In two years, QASH LIQUID could allow transactions to take place all over the world thanks to the World Book that will aggregate all exchanges around the globe into a unified trading system. If executed properly, LIQUID will pave the way for local fiat currencies to be moot.

LIQUID's platform is already positioned and capable of handling the bank-level transaction by processing millions of orders every second. At this rate, there is no doubt that in the next two years, QASH will be at the top of this list for coins that dominate 2020.

#9 Ripple (XRP)

For many, there is a love/hate relationship with Ripple. Due to the possibility that XRP will dominate the institutional banking system thanks to the possibility of XRP partnering with Western Union or MoneyGram.

#8 tZERO (TZRO)

There are plans to tokenize financial securities such as stocks and bonds along with several real-world assets like real estates and art. While a tokenized security does offer several benefits, the ability to do so right now isn't quite there. But it two years it very well could be.

However, tZERO has to win the tokenized security space for them to be massive. Right now, the team of tZERO consists of the CEO of Overstock, Patrick Bryne along with Joe Cammarate who helped pioneer NASDAQ, Brock Pierce Founder of EOS, and Anthony Di Lorio Co-founded Ethereum and CEO of Jaxx, Peter Diamandis, chairman of X Prize Foundation and NY Times bestselling author. Each person on this team brings to the table unique traits that could position tZERO to become the NYSE for digital assets.

#7 Bitcoin (BTC)

Regarding market cap, chances are Bitcoin will be in the lead by a wide margin come 2020 despite it losing its market dominance. Since 2013, Bitcoin has been slowly declining. So what exactly will help drive BTC's value? Institutional money, with an increase of adoption by Lightning Network, along with the possibility for a global crisis will help secure BTC's holding.

Of course, it helps to have the CBOE pushing for the re-evaluation of the Bitcoin ETF proposal by the SEC. There is uncertainty looming on the horizon about a financial meltdown. If the collapse does happen, Bitcoin is in a position to pick up the slack. Although the Lightning Network is nowhere ready for mainstream, a lot can happen in 2 years.

If by happenchance another global financial crisis ensues, the event could trigger the shift to cryptocurrency with Bitcoin placed in the perfect position to gain the highest percentage of capital.

What About Bitcoin Cash?

When Bitcoin made the hard split and created, Bitcoin Cash to pick up the slack, Bitcoin Cash went in a new direction from its parent company. The trajectory for Bitcoin Cash regarding scalability compared to Bitcoin is heading into new territory. Right now, neither one of them has enough data to suggest one will outperform the other.

Although BCH is looking to win with the merchant payment space, it is clear that Lightning Network will eventually dominate the area within the next two years. On the other hand, if you are looking at long-term strategies, BCH's “big block” strategy doesn't provide the best solution for maintaining a decentralized system or censorship. For these reasons, Bitcoin Cash has positioned itself in a peculiar situation with the possibility of losing market cap and dropping out of the top 10.

#6 Ethereum (ETH)

Even with its massive lead over other competitors regarding the network effect, Ethereum is having issues handling the transaction load which is critical for running DAPPs.

While there are serious shifts taking place within the Ethereum space, only time will tell if their upgrade to Casper and Sharding will have any effect on the system. According to the Co-Founder, Ethereum is testing the shards and will be implementing proof-of-work to help to handle their scalability issues in the coming months.

If Ethereum can get their scalability issues under control before EOS and other competitors, then they have a shot at holding their place. Only time will tell if their new system will help boost their platform.

#5 Stellar Lumens (XLM)

Now, when it comes to financial institutions, two main hitters could slip into the arena. The first, Ripple, and the second Stellar Lumens (XLM). As long as Stellar Lumens continues to work on its ecosystem and expand its holding in the financial space, it could outshine Ripple's market cap by 2020.

#4 Litecoin (LTC)

Considered the “little brother” of Bitcoin, Litecoin's destiny is somewhat tied to Bitcoin thanks to the shared code it has with Bitcoin. With Litecoin presenting itself as the ‘silver' to Bitcoin's ‘gold' it will be about to share the network load and by entirely interchangeable with BTC on the Lightning Network.

#3 NEO

If there were one coin to hold for the next two years, NEO would be it. Not only does NEO have a dedicated fan base and community, but it also has a layer-2 scaling solution. With Trinity being built, several ICOs will add and improve the already robust ecosystem that is NEO. Plus, NEO is acceptable to the Chinese government.

While NEO maybe is staying centralized for now, it is only a matter of time before the system is mature enough to be released into the world. Even though NEO is censorable and centralized, one has to understand that is the Chinese culture. But NEO is proving that staying the way they are has its benefits, and that centralization is becoming far more efficient in specific instances.

Due to the tension between China and the United States, it is very possible thati Chna may go all in on cryptocurrencies. Don't be surprised in the next two years to see a state-sponsored digital currency in China. All in all, the NEO is positioned perfectly to be the country's public infrastructure should things go south with the United States. Even if China comes out with a central bank digital currency, it will only add more value to the already lucrative NEO.

#2 WaltonChain (WTC)

The ambitions of WaltonChain are why it has made this list of top 10 coins that will dominate in 2020. Unlike other supply chain coins, WaltonChain is striving to build an all-inclusive, enterprise-level Iot solution. If and when WTC solves the issue of incorporating tangible goods onto the blockchain using RFID technology, WTC will be ahead of the game on so many levels.

WTC announced their “child chain” projects which manage the shipping and logistics in several sectors in China. If these projects continue to be successful, then it will just be a matter of time before WTC is incorporated into other cities and companies.

#1 EOS.io (EOS)

As far as predictions go, EOS is posed to be the go-to operating system for the west. It is possible within the next several years to see social media sites like Facebook, Twitter, and the pickup service Uber becoming decentralized. If that does happen, the system that will make it happen will be EOS.

2020 Best Cryptocurrency Tokens Conclusion

If history has taught us anything, it is that things always shift and change. There is a high probability that the tokens on this list could fade into oblivion in the next two years, or they will push forward and dominate. Or even still, a new company could emerge in the vast sea of crypto and outshine, outperform, and out do all of the companies on this list. But by 2020 one thing is certain, digital currencies will still be around the only question is, which one will you be investing in?

The Markethive Vault – Unlock Your Potential

The Markethive Vault – Unlock Your Potential

The Marketing and Engineering genius and visionary, Thomas Prendergast, CEO, and Douglas Yates, CTO, along with his team is laying the final foundation for the wallet installation – The Markethive Vault. 

The Vault is your new bank account and will also replace the current payment center with a far more effective and rewarding system. This will make all your purchases and upgrades easier to manage, giving you rewards and creating a new class of token, likened to a stablecoin, called Markethive Ad Credits, rewarding thrift and savings with discounts and interest paid to you monthly.

The Vault holds Markethive Ad Credits and MHV coin. It will pay interest on your threshold amount, MHV coin you have deposited into the Vault and your Coin Clip balance. It will also be the source to pay for **services. You will be able to fund it automatically or manually by Credit Card, and Bitcoin. Auto Payments can be scheduled to keep a minimum balance to ensure the monthly paid services like the Entrepreneur Upgrade run smoothly. 

As well as interest paid, the higher the balance in your vault, the higher your Hive Ranking will go. Higher Hive ranking will unlock additional banners and a new service Markethive is introducing in the near future, The Video Program,  where you are paid to watch videos.

 

What Are The Services? 

The **services I am referring to are the Incentivized Loan Program™, Entrepreneur Upgrade, and SNAP Department that are available right now. This will also include Video Advertising, Press Releases, Boost Advertising, in fact, all services in due course.

INCENTIVIZED LOAN PROGRAM™ and ENTREPRENEUR UPGRADE: 

The ILP™ is completely and totally compliant to the regulatory and UCC code which means it is not a security. Incentivized Loan Program is a loan. There is no limit to the amount of money you choose to loan Markethive. 

The best part is even the small investor can participate by way of the Entrepreneur Program at $100 per month. This earns you a 1/10th share of an ILP for every 12 months that you continuously contribute to the program. That is significant as the ILP will be like a Bitcoin in that it will be able to be broken down into satoshis or bits, ie: 1 millionth of a token. So 1 full ILP equals 1 million ILP tokens or satoshis. More on this in upcoming articles.

This enables Markethive to conduct bounties, rewards, and trading on the ILP. The ILP and Entrepreneur Loyalty Programs simply turns this powerful engine of Markethive into a cash cow. 

Additionally, taking part in the Entrepreneur One Loyalty Program unlocks the coming commerce hubs and portals, Banner Ad Program, etc, and the matching MHV Coin Bonus for each of your referrals into Markethive. 

THE SNAP DEPARTMENT

S.N.A.P is the acronym for Social Network Auto Poster system. This service is a plugin to your WordPress site and will automatically post your articles and blogs and the blogs you subscribe to, to all your social media and blogging platforms. This gives you incredible reach to enable you to build your brand awareness and presence online. 

Furthermore, The Snap Department will become an Advertising Agency and will consist of 

  • Staff Writers to write articles or a series of autoresponder emails for you.
  • Designers to do Banners Ads, images and logos
  • Research Department to research for you for marketing purposes
  • Professionals to design and set up your word press site

A full-blown Ad Agency which includes Copywriting, direct marketing, consumer marketing, response marketing, blog casting, WordPress development, capture page development, etc.

Markethive is becoming a Media Company. 

It is important to note Markethive is not an MLM or affiliate company, it is a referral company. So free members can also benefit greatly by just referring only three people which will activate the faucet or micropayments and Hive Rank. That means you don’t have to spend any money in the system. Simply build it and get rewarded.  

 

The image above is an example of how it will work

 

How Does The Hive Rank Contribute?

The Hive Rank is responsible for bonuses, bounties, and increases in revenue. This means you will get increased earnings from the faucet. If you’re an entrepreneur upgrade you get an increase on your matching bonus. It will also be responsible for Royal Bee Of The Day which gives you additional rewards for the day. The Hive Rank also plays a big part in the interest you earn in the Vault. The higher your Hive Rank the more interest paid to you. 

The Driving Force Of The Vault. 

The vault is where the Markethive Advertising Credits will be held. Advertising credits are similar to a stable coin. One Markethive Credit = USD$1. Instead of paying $100 per month for the Entrepreneur Upgrade Program, you will pay 100 Markethive Ad Credits. These credits can be purchased through the Vault via Bitcoin or credit card. In fact, you can pay for anything through the vault such as the Banner Program, SNAP installation, Press Releases, and Sponsored Articles and more as these services are implemented and introduced into the Markethive system.

Also, you can deposit Markethive Coins, (MHV) into the vault and you will earn up to 5% compound interest in MHV, roll it back into the vault and accumulate. This vault credit can be used to buy ILPs or an Entrepreneur Upgrade. By putting it back into the system, Markethive is giving you more value on your Markethive coin and paying you interest on it, similar to Staking. 

What Is Staking? 

Staking simply stands for holding a cryptocurrency in your wallet for a fixed period, in this case, the Markethive Vault,  then earning interest on it. Staking the coins you hold is a relatively easy way to earn more coins. The reward that one earns from staking varies depending on the length of the time and Hive Ranking. So it would be advantageous for you to keep it above the threshold along with an increasing Hive Rank enabling you to earn the maximum amount of interest. The Vault will notify you if you go below the threshold. 

So now there are 3 types of currency in Markethive. The Markethive Coin, (MHV) the ILP Tokens, and the Markethive Ad Credits which are always equivalent to $1usd of which you buy products and services with. So the Credits are what buys the services once we are on an exchange and the wallet is launched. And the amount of MHV coin you have determines the interest paid. 

By buying up Markethive Coin and banking it in the Vault you are essentially burning the coin and is a good thing as explained in this article on how Markethive creates coin velocity. There are many ways to burn crypto coins which is advantageous to the wealth and health of the coin. In this instance, to burn the Markethive Coin means pulling the coin out of the marketplace and staking or holding it in the Vault, so there’s less supply. The less supply the greater the demand, which in turn increases the price of the coin. 

The Vault is designed and implemented prior to the wallet being added. When the Wallet is complete and launched, then the true value of the Markethive coin will be realized. Once the wallet is active, Markethive Ad Credits and MHV Coins can be purchased and transferred over into the Vault. So this is like an online banking system. It’s a savings account with interest paid on it. 

It also changes the way you pay for subscriptions. The monthly subscription is debited from the Threshold in the Vault. Your credit card is debited and deposited into your Vault threshold to whatever amount you choose to maintain your chosen threshold and the payments debited. This also eliminates the issues caused by direct credit card payments and banks blocking your transaction. 

 

Where Are We At Right Now? 

The major aspects of the Vault have now been installed onto the Markethive platform. The Vault icon can be seen on the header of your Markethive page, next to the Hive Rank Symbol. Clicking on it will take you to the Vault page. This is the very foundation of the Markethive Wallet, the ILP, in fact, the entire system. We are very close now to launching the very heart of our ecosystem. 

Keep in mind the more you use the vault the higher the interest rate. The more you use the system the higher the interest rate. The four facets that are scored for stake interest are Hive Rank, Coin Clip score, Loyalty Level, and Attendance Bonus. Also, total interest is paid on both your vault balance and coin clip balance and the interest on this combined total is paid at the end of each month. 

 

The Vault Services

The Payment Center is being replaced with a far more advanced, effective and rewarding system called The Vault. This makes your purchases and monthly subscriptions easier to manage and is also creating a new class of exchange called Markethive Ad Credits. It will reward your thriftiness and using it as a bank account will earn you discounts and monthly interest. Interest has already been paid for this month and you will see extra MHV in your coin clip noted as Interest Credit in your payment settings. 

The Vault Statement is like a bank statement where all Vault activity is recorded, such as purchases, thresholds, funding, interest, bounties, autopay, etc. This can be viewed in your Markethive account in The Vault section and exported, saved and printed for your records. 

The Vault Multiplier is now active and where the fun starts. Play the HI/LO game and increase the amount of MHVs in your coin clip – up to 1000x. There is a 0% house edge which means neither Markethive or yourself has any built-in mathematical advantage over the long term. All rolls are provably fair so there is no way of altering the outcome. 

 

The Vault Subscriptions give you total control to maintain all your loyalty programs monthly or yearly subscriptions. You can create new ones, update credit cards, pay with Bitcoin, pause or cancel and much more.

The Vault Schematic is where we dissect, illustrate and edify the many aspects of the Vault Gauge Icon (seen up in your page header). So you know the health of your account at a glance.

Feed The Vault – This is where you can purchase Markethive Ad Credits and store them in your vault to pay for any of your monthly or yearly loyalty programs, press releases, banner ads or any other advertising program available to Markethive members. Remember the more you use the Vault, the higher the percentage of interest paid to you. 

As stated above, the fundamentals of the Vault can now be viewed on the Markethive platform, however, there is still some tweaking being done and of course, our engineers are now working on getting the wallet in place ready for all systems go! 

Your Future With Markethive

The future is bright for Markethive and You. This is an ingenious way to ensure the long-term sustainability of the Markethive Ecosystem while the MHV Coin inevitably increases in value, securing your success and prosperity within the realms of Markethive and beyond. Stay tuned for all the updates as they come to hand. Please attend our weekly live meetings hosted by the CEO, Thomas Prendergast, and CTO, Douglas Yates for all the exciting news and information. The date, time and link to the Markethive Zoom Room can be found in the menu at the top of your markethive home page under Calendar. See you there! 

 

 

ecosystem for entrepreneurs

 

Deb Williams
A Crypto/Blockchain enthusiast and a strong advocate for technology, progress, and freedom of speech. I embrace "change" with a passion and my purpose in life is to help people understand, accept and move forward with enthusiasm to achieve their goals. 

 

Strategies Used To Increase Crypto Market Value – And Then There’s The Markethive Way

Strategies Used To Increase Crypto Market Value – 
And Then There’s The Markethive Way 

Well-known Cryptocurrencies use a method to keep their market value high. It is also an attempt to offset inflation. This is called Coin Burning. That means when a sizable quantity of a coin’s supply is extracted, that coin encounters a heightened demand resulting in the price of the coin rising. 

There are a few different coin burn strategies being used and since most coins are experiencing similar price changes, it’s difficult to determine which strategy is receiving better results. The different approaches being used are explained below.

Burning The Circulating Supply

Numerous cryptocurrencies burn coins that are in circulation. This means they remove coins that are being traded or held by investors. In this case, the company that issues the cryptocurrency buys it back from the coin holders and exchanges.  

Binance does this a few times a year. It’s 7th coin burn eliminated 830,000 BNB or $16 Million this way. VeChain and Tron use a model resembling Binance also. One distinct advantage of the strategy is that the size of the burn is mostly determined by market forces and price action.

Burning The Non-Circulating Supply

Occasionally the practice is to remove coins that are not in supply, meaning coins that are allocated to team members, early investors, even the project itself. For example, EOS burned an account containing 34 million EOS which equates to $150 million following a community vote. 

In all probability, it’s easy to burn large amounts of funds like this, as the funds in question are usually located in just a few large accounts. But since these coins are not in general circulation, this type of burn doesn’t have an effect on the market or price. 

 

Burning During Each Transaction

Burning coins during every transaction is another model some cryptocurrencies use. VeChain burns 70% of its VTHO tokens which are used to pay for transaction fees. Notably, VTHO tokens are not VeChain’s primary VET coin. That gets burned via buybacks.

Ripple follows a similar strategy. It burns about 0.5 XRP per minute, which adds up to more than 250,000 XRP per year (this is subject to change). This strategy has a few things in its favor. It’s very easy to coordinate, and it shouldn’t have any unexpected results since it plays out slowly.

By spreading small burns across many transactions, this strategy should prevent any short-term market cap drops. It should also reduce confusion and misunderstanding among investors, thereby preventing secondary effects such as “panic selling” and other irregular activity.

Unofficial Burns, Dead Addresses, Lost Coins

Bitcoin and Ethereum are not issued by a central organization or project. These coins are mined by a community, so there is no group capable of planning an official coin burn. Instead, rules and algorithms prevent too many tokens from being created in the first place.

With that said, wealthy groups can take it upon themselves to carry out a burn. Antpool, a popular mining pool, began to burn Bitcoin Cash transaction fees in 2018. There was some controversy though, and plenty of disagreement over whether this was a legitimate way to boost Bitcoin Cash’s value.

Coins can also be destroyed inadvertently. This occurs whenever individuals lose access to their wallet addresses. There are estimates that suggest that up to 3.8 million BTC has been permanently lost. Even if this is accidental, it is effectively the same as burning 20% of Bitcoin’s supply.

 

Price-Targeting Burning 

Tether and other stablecoins have fine-tuned their burning strategy so as to achieve a specific price. These types of cryptocurrencies continually burn and also create tokens resulting in the price of the stablecoin is always around the $1.00 mark. 

This model isn’t generally applicable to other sovereign cryptocurrencies. Tether relies on the U.S Dollar as collateral. This allows it to achieve stability. The full process is quite complex, however, Tether’s coin burns fundamentally reflect the fact that U.S. Dollars are moving out of its reserves. 

What this means is that the coin burns do not dictate, but reflect Tether’s stability. This being the case, most cryptocurrencies cannot target prices as accurately as stablecoins do. But even stablecoins experience minor price fluctuations as their burns cannot always contend with market activity.  

 

Are the Coin Burning Strategies Working? 

I believe it’s safe to conclude coin burns are not harming crypto prices. I think the organizations relying on coin burns would cease the practice if it had any negative results. But so far they have stuck with their strategy since the beginning. 
So there you have it. There are a number of different ways in which certain cryptos are attempting to keep their currency deflationary and increasing the value. Markethive has another unique system that will stimulate great results for its holders of MHV (Markethive Coin) 

 

The Markethive Way

Markethive has a Consumer Coin. (MHV) There is great Purpose and a complete Ecosystem of products and services built around this coin. The Markethive Coin is being utilized within the Markethive Exchange via Infinity Airdrops, faucet systems, and bounty programs that reward the user for any and all activity on the platform. Furthermore, MHV can be used to buy products and services within the Markethive environment from individual sellers and the company itself. So the coin is used within the commerce of the system creating an eternal economic velocity. 

The Markethive Coin is not dependent upon speculative value as is the case with many other cryptocurrencies and platforms and is a fundamental difference to the other systems out there. The Markethive system has been developed to produce revenue in the traditional sense with the added benefits of the blockchain taking it to the next level. The revenue is a vehicle that is used to buy the Markethive Coin back in the free market so it can be redistributed into the economic vortex of the system. 

 

What Else Is Coming? 

Another portal that will be implemented in due course is designed to burn the coin. This is a good thing and will be extremely valuable to all associates in Markethive. To burn the Markethive Coin means pulling it out of the marketplace, so there’s less supply. The less supply, the greater the demand, which in turn increases the price of the coin. Piqued your interest? 

More information about this will be delivered as and when it comes to hand. To keep up to date with the progress of Markethive and the ingenious implementations that will benefit all of us, join us at the weekly meetings held on Sunday Mornings at 10 am MST. These meetings are hosted by the CEO, Thomas Prendergast, and CTO, Douglas Yates. The link to the Markethive Zoom Room can be found in the menu at the top of your markethive home page under Calendar.

 

BONUS!

Attendance at the live meetings (which, by the way, are not recorded) is constantly improving, however, as Thomas stated in last week's meeting if we can get 100 people to this week's meeting (Sept. 8th 2019) he will reward every single person that attends 100 MHV. Now that's a great incentive! See you there! 

 

As passionately reiterated by Thomas Prendergast,

“Everyone in Markethive is going to prosper and become wealthy because of what we are doing. Early adopters will obviously have a really big head start, but this is going to continue on for every single person, even if they join up in 10 years from now. Markethive will always be built on the premise that nobody gets left behind.” 

 

Conclusion 

The future is bright for us as Markethive takes all the steps to ensure the long-term sustainability of the Markethive Ecosystem. The MHV Coin will inevitably increase in value, securing your success and prosperity within the realms of Markethive and beyond.

 

ecosystem for entrepreneurs

 

 

Deb Williams
Market Manager for Markethive, a global Market Network, and Writer for the Crypto/Blockchain Industry. Also a strong advocate for technology, progress, and freedom of speech.  I embrace "Change" with a passion and my purpose in life is to help people understand, accept and move forward with enthusiasm to achieve their goals. 

 

FOLLOW US ON…

Website: https://markethive.com 
Token Site: http://markethive.io/ 
Telegram: https://t.me/markethive_support 
Twitter: https://twitter.com/markethive/ 
Github: https://github.com/markethive /  
Reddit: https://www.reddit.com/r/markethive/  
Crunchbase: https://www.crunchbase.com/organization/markethive
Medium: https://www.medium.com/@markethive
Bitcointalk: https://bitcointalk.org/
Telegram News: t.me/Markethive
LinkedIn: https://linkedin.com/company/Markethive
Facebook: https://facebook.com/MarketHive
Youtube: https://youtube.com/Markethive

 

 

THE MARKETHIVE REFERRAL PROGRAM- Refer 3 Receive Lifetime Rewards

THE MARKETHIVE REFERRAL PROGRAM – Refer 3 To Receive Lifetime Rewards 

Referral Program For Free Members And Upgraded Associates

Markethive is resolute and in preparation to take a large share of the new Market Network that is the next generation following the Social Media craze. That Market Network is defined as a platform that is integrated a Social Network (like Facebook, LinkedIn), SAAS tools (like GoToMeeting, Aweber, and Google Apps), Inbound Marketing (like Marketo, Hubspot),  Commerce platform (like eBay, Freelancers, Amazon) and Digital Media (like Cointelegragh, Bitcoin.com). 

As Markethive is built on the Blockchain it has its own consumer coin, MHV, which is fully integrated into the system and has created an Ecosystem for all members of Markethive, free and upgraded Entrepreneurs. So Markethive has established their niche as the only social (Market) Network that has an infinity Airdrop and a system that rewards the users for engaging on the platform and learning how to use it with ongoing, real-time micropayments, otherwise known as a Faucet.

Video Explains what you get as a free member of Markethive

What If You’re A Free Member?

If you’ve just signed up to Markethive you will have received your airdrop of 500 Markethive Coins (MHV) to your CoinClip. The next thing to do is to refer just 3 of your friends or colleagues to Markethive which unlocks the Micropayment Faucet allowing you to receive lifetime rewards of MHV Coin. 

 

So a Free Membership in Markethive allows you to earn coins with every post, process, and function within the system and like a faucet system, earn micropayments of Markethive Coin. Remember, it is not just another payment service provider other Social Media platforms have adopted. You actually earn MHV Coins and now is a perfect time to accumulate your coins. When the Markethive Exchange and wallet are implemented into the system, you’ll be able to convert it into the currency of your choice or buy products and services within the Markethive ecosystem. 

Thinking About Upgrading To Entrepreneur?

Upgrading to Entrepreneur, among many of the benefits, found here, you also receive a matching coin bonus of 500 MHV for each person that signs up and an advanced CMS control panel for your new "associate leads" found in the Friends section here.

Using your referral links will help you qualify for the micropayment faucet and will also gather and keep your associates for you in the "associate panel" where they will be accessible once you do upgrade to "Entrepreneur". You will also be paid the Matching coin bonus for each referral once you upgrade as well.

But do not delay too long once you start collecting "associates" because the matching bonus has a half-life of 30 days as demonstrated in the image below.

 

The Automated Referral Panel

The automated referral panel is found on the menu named Referral Program. You have 2 links as shown in the image below.

  1. The top one is the link to your Profile Page or Bio. Sharing this link is excellent for branding yourself or your business as explained here

Share your unique Referral Link on your social network profile consistently and quickly receive a lot of referrals! Click on the Social Media buttons and your Capture page referral link will automatically be included. There is an assortment of thumbnails (images) that will rotate giving your post a fresh new look every time you share. 

 

The Capture Page 

    2. The second link is your Capture page which is extremely informative with a video and bullet point explanations. It’s intuitive, simple and captivating. 

 

The Bottom Line

Bottom line, by joining Markethive you will get a Market Network Inbound Marketing platform worth $2500 per month for free and get “Airdropped” paid up to 500 Markethive coins [MHV] just for joining. By referring just 3 people you activate the micropayment faucet and continue to receive MHV coin payments for the duration of your life within the hive for all activity you perform on the Markethive Platform. 

Being the entire system runs on Markethive coin, you can expect the volume demand and increased velocity of the coin to also drive coin value accordingly. This is one of the main reasons we refer to our system as being a legitimate alternative to universal income, one based on ethics and integrity, not government-mandated theft and graft.

It’s interesting to note, the first Faucet invented was the Bitcoin faucet launched by Gavin Andresen, one of the earliest Bitcoin developers, in June 2010. At that time Bitcoin was about 8 cents. It gave out 5 Bitcoins a day until 2011 when it ran out of coins. 

Markethive has embraced this reward system and applied it to the many marketing and communications aspects within Markethive.  The big what if, is…in 10 years will Markethive coin have a similar rise in value? No doubt in my mind, given the fact MHV is a consumer coin with a real use case, unlike so many other altcoins on the market. Time, technology and the universal need for a holistic platform such as Markethive is on our side. Markethive to the moon!

Meanwhile, get busy and refer three people to unlock the faucet and start accumulating MHV coin. You will enjoy the fruits of Universal Income which is Markethive’s vision for everyone and destined to achieve. 

 

Thanks Deb for all your work put into this blog

A Crypto/Blockchain enthusiast and a strong advocate for technology, progress, and freedom of speech. I embrace "change" with a passion and my purpose in life is to help people understand, accept and move forward with enthusiasm to achieve their goals. 
 

Bitcoin Fixed Supply Means Futures Aren’t a Threat’ to Price PlanB

Bitcoin Fixed Supply Means Futures Aren’t a ‘Threat’ to Price — PlanB

Credit to William Suberg

The Bitcoin (BTC) price analyst who created one of the industry’s best-known prediction models thinks futures markets will not undermine the cryptocurrency. 

In a Twitter debate on Dec. 26, PlanB, father of the Stock-to-Flow tool, dispelled fears that Bitcoin futures markets could negatively impact price.

‘Inelastic’ supply preserves BTC

“I don't see futures as a threat to #bitcoin,” he summarized.

The comments follow months of speculation about futures in light of Bakkt’s offering going live in September this year. Days after launch, Bitcoin markets fell significantly, leading to widespread theories of futures manipulating markets.

At the time, Bakkt responded by arguing that its product was aiding price discovery. Volumes were nonetheless much lower than expected — existing futures from CME, for example, traded over $500 million per day in May. The underwhelming performance thus added to the suspicion that futures’ market impact was not wholly organic. 

For PlanB, however, Bitcoin’s nature means that it cannot suffer similar problems to precious metals when it comes to trader speculation. He continued:

“Central banks can future sell large amounts with unlimited fiat money, pushing future prices below spot (backwardation), but spot markets will not follow all the way, because they run out of sellers (unlike gold, supply is inelastic).”

Stock-to-Flow ratio for Bitcoin, gold and silver

Stock-to-Flow ratio for Bitcoin, gold and silver. Source: ZPX, Satoshi&Co

Stock-to-Flow is a measure of the amount of Bitcoin currently in existence — the stock — versus the “new” coins coming into circulation — the flow. The data has already highlighted that by 2025, Bitcoin’s Stock-to-Flow ratio will overtake that of gold.

He has also demonstrated the extent to which Stock-to-Flow drives market value.

Futures panic unfounded?

PlanB referenced a debate with Twitter user BitcoinTina, well known as a dedicated proponent of Bitcoin. 

While the latter noted various differences between the cryptocurrency and gold or silver as regards futures, in essence, the pair agreed that Bitcoin’s fixed supply meant that attempts to infiltrate futures markets would fail to produce long-term impact. 

“…I was talking about spot and futures prices ('discovered' at exchanges) that in case of commodities influence producers/supply, but not with bitcoin,” PlanB added in a summary of his argument.

As Cointelegraph reported, others have voiced concerns about futures. Those continued as recently as last month when Andreas Antonopoulos said cash-settled futures could depress the Bitcoin price.

Prior to that, criticism focused on futures that do not see “delivery” of Bitcoin at all. Unlike with Bakkt, those futures traders need not take custody of cryptocurrency, and hence do not learn about its differences to fiat and the responsibilities those entail.

Even in Bakkt’s case, as analyst Alex Krueger noted earlier in December, few participants choose to take custody of BTC, instead of rolling over their contracts as with regular futures contracts.

Powering the future of Blockchain

 

 

Frank Holmes on Blockchain
Frank Holmes on Blockchain

Malibu, CA, Dec 19, 2019 AEST (ABN Newswire) – Join Ellis Martin for a conversation with Frank Holmes. Mr. Holmes is the chief executive and chief investment officer at U.S. Global Investors (NASDAQ:GROW), which specializes in natural resources and emerging markets investing. U.S. Global, based in San Antonio, Texas, is the adviser to nine U.S. mutual funds and two (ETFs), the U.S. Global Jets ETF and U.S. Global GO GOLD and Precious Metal Miners ETF. He is co-author of the book The Goldwatcher: Demystifying Gold Investing . He has written investment articles for investment-focused publications and is a regular contributor to a number of investor-education websites and he maintains an investment blog. Frank Holmes is also the non executive Chairman of the Board of Hive Blockchain Technologies, a publicly traded company. Among other things, we'll be discussing block-chain, cryto-currency and of course, gold.

To listen to the conversation, please visit:
https://www.abnnewswire.net/press/en/99954/usg

About HIVE Blockchain Technologies Ltd
 

Hive Blockchain TechnologiesHIVE Blockchain Technologies Ltd. (CVE:HIVE) (OTCMKTS:HVBTF) is a growth oriented, TSX.V-listed company building a bridge from the blockchain sector to traditional capital markets. HIVE owns state-of-the-art GPU-based digital currency mining facilities in Iceland and Sweden, which produce newly minted digital currencies like Ethereum continuously as well as cloud-based ASIC-based capacity which produces newly minted digital currencies like Bitcoin. Our deployments provide shareholders with exposure to the operating margins of digital currency mining as well as a growing portfolio of crypto-coins.

    

About The Ellis Martin Report
 

Ellis Martin ReportThe Ellis Martin Report (TEMR) is an internet based radio program showcasing potentially undervalued companies to an audience of potential retail investors and fund managers that comprise our listening audience. TEMR is broadcasted on the VoiceAmerica Business Channel and The Opportunity Radio Network. CEO and company interviews are paid for by those represented on the program.

    

About U.S. Global Investors, Inc.
 

U.S. Global InvestorsU.S. Global Investors, Inc. (NASDAQ:GROW) is a boutique investment management firm specializing in actively managed equity and bond strategies, and has a longstanding history of expertise in gold and precious metals, natural resources and emerging markets.

   

Reported By  Frank Holmes, ABN Newswire

SLP Token Market Cap Surpasses 50 Million

Credit to Jamie Redman

SLP Token Market Cap Surpasses $50 Million

SLP Token Market Cap Surpasses $50 Million

For over a year now, the Simple Ledger Protocol (SLP) token universe has grown quite vast. There are now more than 6,000 SLP tokens in existence and a number of SLP tokens have seen price discovery. Moreover, tokens listed on our SLP market capitalization aggregator show in the last two months SLP valuations have doubled.

Also Read: Gocrypto SLP Token Starts Trading on Bitcoin.com Exchange

 

Data Shows SLP Token Market Cap Doubled in Value

Since August 2018, the Simple Ledger Protocol (SLP) ecosystem has continued to grow relentlessly and there have been 6,196 tokens created since the protocol’s inception. The SLP system is appreciated by BCH proponents because it’s built on top of the Bitcoin Cash network, but SLP doesn’t interfere with the chain’s consensus rules. Essentially, the protocol uses metadata tethered to OP_Return transactions on issuance, and every time an SLP token is sent or received. Since launch, a handful of popular SLP tokens have seen price discovery and numerous SLP tokens have been listed on various cryptocurrency exchanges. Currently, a number of SLP tokens are listed on exchanges like Bitcoin.com Exchange, Digifinex, Altilly, Coinex, Sideshift.ai, Cryptophyl, and Coinsuper.

SLP Token Market Cap Surpasses $50 Million

Since a number of SLP tokens have gained value, they are now listed on markets.Bitcoin.com’s Featured Tokens page. At the time of publication, there’s a total of six SLP tokens listed on the market cap portal: Flex Coin (FLEX), Gocrypto (GOC), ACD Coin (ACD), Sai (SAI), Spice (SPICE), and Honestcoin (USDH). Flex Coin is a platform token that was created by the trading platform Coinflex. The token is meant to reward traders based on the proportion of the person’s trading volume. Each FLEX is worth $0.34 today and the market capitalization is roughly $34 million. The second-largest market valuation for an SLP token is Gocrypto’s GOC, which is a coin that can be spent at any of the hundreds of Gocrypto locations in several countries. GOC is trading for $0.03 per token and the Gocrypto market cap is $12 million.

SLP Token Market Cap Surpasses $50 Million

ACD Coin is an SLP token issued by the Tokyo-based Alliance Cargo Direct and the token can be used alongside BCH at online and brick-and-mortar merchants in Japan and worldwide. Last month, ACD partnered with Alchemy to continue bolstering ACD merchant acceptance. Currently, each ACD is swapping for $0.26 per token and has a market valuation of around $5.2 million on Wednesday. The fourth-largest SLP market cap belongs to Sideshift.ai’s native token SAI, another platform coin meant to reward Sideshift users and further the swapping platform’s development. Today, one SAI is swapping for $0.04 and the entire market cap is hovering around $492,000. The token SPICE is an appreciation coin developed by an anonymous developer for the community. The token first appeared when people started tipping with the coin in the Coinspice Telegram chat room. Since then, it’s been listed on exchanges and people can use it to tip individuals on Twitter as well. A single SPICE is going for $0.00032679 on global exchanges and has a market valuation of $316,000.

SLP Token Market Cap Surpasses $50 Million

Growing Interest in SLP Token Solutions

The last SLP token on the market cap list is USDH, a regulated stablecoin built on top of the Bitcoin Cash network. Honestcoin (USDH) was created by the Honestnode team USDH and is backed by USD with a 1:1 ratio. News.Bitcoin.com reported on several occasions during our recent market updates that USDH has steadily been growing as far as being paired with BCH is concerned. Since Honestcoin is a stablecoin, the price of USDH on markets.Bitcoin.com is roughly $1 and USDH has an overall market capitalization of over $46,000.

SLP Token Market Cap Surpasses $50 Million

In the last two months, SLP valuations listed on our Featured Tokens page have doubled and it shows there’s a growing interest in SLP token solutions. In just a short period of time, the SLP environment has seen a bunch of development and innovation doesn’t seem to be slowing down. Also with a bunch of newly listed SLP tokens, users who wish to store these new digital assets don’t have to keep them on an exchange. The Bitcoin.com Wallet will support SLP tokens soon and SLP-based tokens can be stored non-custodially using Badger, Ifwallet, Electron Cash, Honeypoints, and the Crescent Cash wallet.

What do you think about the environment being built around the Simple Ledger Protocol and all the tokens created on top of the BCH chain so far? Let us know what you think about this subject in the comments section below.

Disclaimer: Price articles and market updates are intended for informational purposes only and should not be considered as trading advice. Neither Bitcoin.com nor the author is responsible for any losses or gains, as the ultimate decision to conduct a trade is made by the reader. Always remember that only those in possession of the private keys are in control of the “money.” Token prices referenced in this article were recorded at 1:15 pm EST on December 11, 2019.

Bitcoin Approaches 11500 as Top Cryptos See Gains

Bitcoin stays above $11,000 Mark as Top Cryptos See Gains

Saturday, July 6 — most of the top 20 cryptocurrencies are reporting moderate gains on the day by press time, as Bitcoin (BTC) hovers just under the $11,500 mark.

Market visualization

Market visualization courtesy of Coin360

Bitcoin is currently up by about three percent on the day, trading around $11,486 at press time, according to Coin360. Looking at its weekly chart, the coin is down by over 7.68%.

Bitcoin 7-day price chart

Bitcoin 7-day price chart. Source: Coin360

According to a recent report released by major cryptocurrency exchange Binance, bitcoin has become less correlated with other cryptos in Q2 2019 due to a potential “flight-to-quality” in the recent bull run.

Ether (ETH) is holding onto its position as the largest altcoin by market cap, which currently stands at $31.1 billion. The second-largest altcoin, Ripple’s XRP, has a market cap of $16.8 billion at press time.

Coin360 data shows that ETH has seen its value increase by over .67% over the last 24 hours. At press time, ETH is trading around $292. On the week, the coin has also lost about 5.82% of its value. 

Ether 7-day price chart

Ether 7-day price chart. Source: Coin360

As Cointelegraph reported yesterday, ETH might decrease issuance ten-fold by 2021, said Justin Drake, an Ethereum 2.0 researcher at the Ethereum Foundation,

XRP is up by nearly 4% over the last 24 hours and is currently trading at around $0.399. On the week, the coin is down about 5.75%.

XRP 7-day price chart

XRP 7-day price chart. Source: Coin360

Among the top 20 cryptocurrencies, the only coins reporting losses are Chainlink (LINK), which is nearly 4% down, LEO, nearly 2.3% down, and ATOM, over 1% down.

At press time, the total market capitalization of all cryptocurrencies is $327 billion, over 4.92% lower than the value it reported a week ago.

Original article posted on cointelegraph 
by Adrian Zmudzinski