Russia World Cup grows! 2 new fan platforms: fan360.io for real life, stryking.com for fantasy sports

According to FIFA, over 3 billion people tuned in the 2014 world cup, a billion of those watching the final game alone. The running event, the 21st in the row, taking place in Russia, will most likely surpass these numbers. While the tickets are limited, there are other ways in which fans can show their overwhelming support and dedication.

There are not many world events that are able to capture attention of half of the world’s population.

As we move towards more and more fragmented media landscape, where people have to actively choose where to invest their limited attention span, this fact becomes even more extraordinary.

Although the soccer World Cup is already the most popular sports event in the world, it is set to become even bigger. In 2026, the number of participating teams will see a bump from 32 to 48, extending the appeal and reach of this cultural phenomenon.

The effects of the World Cup on the hosting and participating countries are something of a miracle as well. From the reputation of the hosting country, to new infrastructure to the over-all feel good effect, the event is a rejuvenating force for the hosting nation. There are even rumours, that the hosting countries see a baby boom 9 months following the event! It seems that some fans really want the full experience.

As the teams battle for supremacy on the pitch, fans all over the world are facing a struggle of their own : how to get through the noise and get their voices heard and recognised. Juggling through a growing numbers of channels and media outlets, their passion gets dilluted, and their growing time investment goes un-noticed.

Fan360 – fan platform will reward activities of fans!

As it happens, the technology to solve this has been there all along, but it has taken an ingenious team to put it together in the right manner. Fan360 Рa innovative platform, which consolidates all the news, updates and scores in one place, enables fans to engage directly and rewards them for their dedication. The upcoming blockchain foundation of the platform will reward the fans with tokens, which will then be exchanged for tangible rewards like event tickets, merchandising and even face to face meetings with the stars.

Fan360¬†is therefore a way, to give something back to the global community of fans, which now give away enormous amounts of energy and time. The reward system, which is the defining feature of¬†Fan360, makes things fair and enables the never ending circle of ‚Äúpassion begets rewards begets more passion.‚ÄĚ

This new approach, which already brought Fan360 over 130.000 active users on the mobile app exercising their joy and passion for the World cup, will also enable clubs and stars to engage more deeply and directly, recognising the true fans and tailor their experiences.

As sports become more interactive than ever, it’s clear that the modern sports fan doesn’t just want to watch. Sports fans want to participate, too. Fantasy sports challenge players to act as general managers of their teams, drafting lineups based on actual professional players.

Fan360 offers pre-sale at the moment details on their website: www.fan360.io

Telegram group: https://t.me/fan360

Twitter: https://twitter.com/Fan360net

Fan360 app in AppStore and Google Play!

 

Stryking РTaking Fantasy Sports To The Next Level

By using rich data, fantasy sports are much more than just a simulation game. By definition, fantasy sports use real-world data to determine the performance of the equivalent fantasy teams and players.

Football-Stars uses real-world match data from Opta to determine the strengths and weaknesses of each player and team after the match, turning the game into an engaging challenge for keen fans. In their game one can participate in “Challenges” based on the real players from the Champions League, Bundesliga and all major European leagues.

Fantasy sports is a billion-dollar global industry, and modern technology makes it possible to update fantasy sports platforms with real-world data quicker than ever. Players need to keep real-world performance in mind and stay up to date with matches to manage their team well.

Football-Stars is free-to-play, giving users instant access to the game with no upfront cost. However, some of the premium functions and content require payment to access. It gives football fans a fun and flexible way to engage with their favourite sport.

In Football-Stars, users can still play without purchasing or using any STRYKZ. Rather than replacing the current game model, STRYKZ will add new features by rewarding users with tokens for content creation, generation of in-game engagement, providing community services to enhance the user experience, and from their football knowledge and passion. The German Pay TV broadcaster Sportdigital has adopted the Football-Stars platform as a white label product.

 

 

Rebooting Blockchain – Forbes Austria interview with Robby Schwertner

Bildschirmfoto 2018-08-10 um 23.29.50

Interviewer and author: Dominik Meisinger of Forbes Austria (Thank you!)

Klick here to read the original article and interview on Forbes Austria (in German)

Dominik Meisinger asked¬†“CryptoRobby” Robby Schwertner

What does the crypto scene look like after the hype? 

Dramatic. There is no other way to describe the crash of the bitcoin price. From nearly
$ 20,000 in mid-December to under $ 13,000 by the end of the year. One month later, even the $ 10,000 mark could not be longer. Below $ 9,000, then below $ 8,000 and finally under $ 7,000. Only then did the descent end – at just over $ 6,900; a loss of over 60 percent. Not a few hobby speculators may have been caught on the wrong foot.

Robby Schwertner, on the other hand, felt a sense of relief. “It cleaned the air, like a thunderstrom and swept away some stupid projects from the market” says the blockchain expert, who is also known as¬†CryptoRobby, during an interview in the caf√© of the start-up center¬†Wexelerate¬†in Vienna, He was worried about the strong increase at the end of last year. “It was clear that it could not go on forever,” he says. The market has been overheated. From a longer-term point of view: a Bitcoin was still worth about seven times as much as a year before.

But what does the decline of Bitcoin and Co. mean for the development of cryptocurrencies? And what about the underlying blockchain technology that has been hailed by some as the biggest innovation since the internet? Has the bubble burst? The hype about cryptocurrencies had really started when the Bitcoin price in early 2017 started to move steadily upwards. The broad masses became aware, in the autumn the upward movement accelerated and towards the end of the year the course shot almost vertically upwards.

Robby¬†himself first came into contact with the technology in 2014 during his job in research funding. He recognized the potential of the technology and began to get involved in the subject matter: “I’m intrigued by the topic and I read in until three o’clock in the morning to understand how Blockchain works.” A little more three years later, he is one of the most influential blockchain bloggers in German-speaking countries. His contributions to the LinkedIn career platform follow more than 30,000 people, he is a frequent speaker at conferences and advising companies who want to spend their own cryptocurrencies. He has since given up his job in research funding to devote himself entirely to the crypto world.

The crash on the crypto market has driven only a view blockchain enthusiasts from the scene, says¬†CryptoRobby. Many – and that includes himself – are “in love” with technology. However, he has not lost his eye for the problems. “Blockchain databases are expensive and inefficient today,” says¬†Robby.¬†You have to increase speed, cut costs. These are therefore related to the currently high energy consumption. But that was high on computers in the 1960s and one could solve the problem technologically, is¬†Robby¬†basically optimistic. However, Blockchain is not only facing up to technological challenges: “So we have to tear down the fences in our heads,” he says. In many companies, younger employees have already recognised the potential, “but the older guard, who often takes the executive positions, needs a bit more time.”

Another topic: The legal situation

The legal situation regarding the issue of newly created cryptocurrencies via so-called Initial Coin Offerings (ICOs). According to Schwertner, Switzerland is one of the leading countries in the crypto scene, and Germany clearly lags behind, because regulation in Switzerland is less strict.

Austria was “somewhere in between”, says¬†Robby¬†A study by PwC Strategy cites the crypto ecosystem in Switzerland as a success factor; For example, universities would deal intensively with blockchain and create a talent pool. With the “Crypto Valley” in the city or the canton of Zug in Central Switzerland, a pivotal point of the crypto scene has become established. In the past two years alone, the number of companies organised in the Crypto Valley Association has risen from ten to 450, explains¬†Daniel Diemers¬†of PwC, one of the authors of the study.

The fall in Bitcoin & Co.’s share has not changed much: “The crypto landscape here continues to grow strongly and Switzerland remains one of the top five destinations in global competition,” says Diemers. It will be two or three difficult years for cryptocurrencies, because there is still fear in the market.

There were in 2017, according to¬†icodata.io¬†a total of 871 ICOs, in which together six billion US $ were taken. In 2018, the number is expected to increase again, as by May there were already 740 ICOs and US $ 4.5 billion, which were taken. Recently, however, the trend was down again: at $ 560 million, ICOs earned as little money in April as they had not done since last August. The peak in December was three times as high at just under $ 1.7 billion.¬†“The market for ICOs was created in 2017, in principle,”¬†says Daniel Diemers of PwC The strategy consultants had expected that the boom of the previous year would not be repeated to the same extent this year. This has been confirmed at least in the number of ICOs, which is also due to the increasing regulation.

Robby Schwertner also points out that some ICOs were postponed due to the turmoil on the crypto markets at the beginning of the year. Just as there are fewer IPOs on the stock markets when the market environment is unfavourable, even on the crypto market. In addition, ICOs are open for investors for a longer period. However, the market environment could still be difficult for some time:

“It will be two to three difficult years for crypto currencies, because there is still fear in the market”

says CryptoRobby.

He expects a broad sideways movement for this period, Bitcoin is expected to range in a band between $ 5,000 and $ 15,000. Also has changed, who invested in ICOs: Before the crash on the crypto market were mainly small investors, said¬†Robby. Since people put 500 or ‚ā¨ 1,000 into projects that they wanted to support. Meanwhile, it is increasingly larger investors such as family offices or owners of medium-sized companies. “The retail investors have burned their fingers, but larger investors see the current situation as an opportunity,”¬†says¬†CryptoRobby.

The market is no longer overheated. The big investors are professionals and would take a close look at the ICOs they invest in: “These people have an idea of their respective areas and they do not enjoy gambling.” Last September,¬†CryptoRobby¬†created the hashtag¬†#ReturnOnSociety¬†to push blockchain projects with a social benefit.

“This is a countermove to what happened in the past year,” says¬†Robby, referring to the crypto-hype that also attracted lucky knights and cheats. The basic idea of blockchain had a revolutionary character.

In the first block of the Bitcoin blockchain in 2009, Bitcoin inventors Satoshi Nakamoto had hid a criticism of the policy of bank rescues with taxpayers money.

Lastly, the sociopolitical aspect was lost a bit:

“We have to remind people that we not just doing it for the sake of technology or even making it wealthier for some, but to improve society, “

says Robby. As an example he mentions the French start-up Peculium, which he advised at his ICO in December. The company has developed an artificial intelligence based cash investment system, even for smaller sums. Also in the field of green energy or in the health sector, according to the experts, there are examples.

“Blockchain technology has the potential, but you have to use it,” says¬†CryptoRobby¬†and is on a mission to bring the blockchain community back to its origins after the hype.

“That would not have been expressed clear enough,” says Schwertner. “I try to kick people¬īs asses so much that they don¬īt forget why we’re doing it.”

Follow Robby on Twitter for more: @CryptoRobby

 

Blockchain Landscape Austria – May 2018

Bildschirmfoto 2018-05-26 um 08.29.06

The Austrian Blockchain Landscape has been created and edited by enliteAI, Clemens Wasner, Marcel Wasserer, Johannes Stumtner and myself, aka CryptoRobby.

This updated version includes¬†16 new organisations and projects with a total of 105.¬†Newly added companies & institutions are marked with ‚Äúv1.2‚ÄĚ for easier identification in the text below the infographic.

Three new ICOs/TGEs were added:

1. Artis.eco is building the infrastructure for the subscription-based economy

2. Pantos.io develops a multi-chain token swap system where coins can directly be exchanged between each other

3. H3O is a project of the crypto-mining company Hydrominer. With their security token sale they plan to increase their capacities in Austria, Georgia and/or Armenia and prepare for an IPO in 2019

More updates:

Smarter Than Crypto offers a trading system for crypto currencies with the objective to outperform the crypto index CRIX.

MCV-Cap is an Austrian based crypto bank. It is intended to register for a full-fledged banking license in the EU.

The e-bitstore of the Austrian company Multis Group offers a range of smartphones to be sold online. Payment can be done in cryptocurrencies.

Continuing the trend of recent updates we also have 2 new entrants in ‚Äúlegal & tax‚ÄĚ: Law firms¬†Jarolim Partner¬†and¬†DLA Piper.

The landscape includes organisations such as start-ups, accelerators and universities – as well as a large number of public institutions, initiatives and communities. We take this strong backing as a promising sign that the Austrian Blockchain landscape goes well beyond adopting new technology, but is also discussed in a wider societal context.

Disclaimer: You’re welcome to re-use the infographic as long as the content remains unmodified, in full and proper reference to the source is mentioned.

Key Findings

  • Number of ICOs and total volume in 2017 was comparatively small, in 2018 we expect more activity, especially from established players
  • We see strong interest from utilities and public institutions to adopt blockchain
  • Austrian Federal Ministry of Science, Research and Economy initiated Blockchain Austria initiative and financially supports the institute for Cryptoeconomics at Vienna University of Economics and Business
  • City of Vienna is very active in supporting blockchain solutions, community and research, in particular the¬†Open Government Data Initiative (OGD)¬†on blockchain
  • So far no clear frontrunner among startups has emerged, as many prominent Blockchainers, such as¬†TenX¬†, set-up operations outside Austria
  • Fortunately there are very active people managing several accelerators and incubators across the country
  • We expect 2018 to become a break-out year for the technology, with many more local initiatives and projects being unveiled to the public

Accelerators & Incubators

A healthy blockchain eco-system not only requires developers, finance experts and researchers, but also mentoring and finance from seasoned entrepreneurs. Fortunately, there are accelerators and incubators across the country, often linked with co-working spaces and local organizations.

Blockchain Consulting

In this section consulting agencies which focus on blockchain related advice are listed.

Development & Software

This box contains important software developers with experience in smart contract programming related coding.

Exchange, Trading, Investing

This category focuses on exchange of crypto currencies, Crypto teller machines, trading and investing in blockchain projects and ICOs.

Blockchain Applications

This section contains applications in the energy sector, startups which offer coins, and companies developing closed blockchain systems with for a specific application like ticketing, security, e-commerce, taxation or invoicing.

Due to the high activity in the Blockchain space many law firms have experience in setting up and supporting ICOs.

Mining

Companies in this category offer either mining hardware or mine for cryptocurrencies.

Organizations & Communities

Austria has a very large Blockchain community with more than 10.000 Blockchainers – with local organizations in each province.

Public

Activities from public players is strong in Austria, both in form of initiatives, as well as in pilot projects like open government data.

Research

Extra-university research facilities are small in number but contribute substantially to Blockchain related science and applied research.

Universities & Educational Institutions

Austrian universities conduct Blockchain both economic and technical research. At the end of 2017 Vienna’s University of Economics and Business launched the Institute of Cryptoeconomics, which will focus on new business models. In addition a number of private institutions offers education and trainings, covering blockchain basics up to investments, development and business case modelling.

Media

Four publishing enterprises have been added, they are very active in the crypto sphere and provide specific news and content related to cryptocurrencies and blockchain technology.

Would you like your company or institution to be included in future updates?
Simply send us an email to blockchain@enlite.ai, we’re happy to keep track of your request.

 

Blockchain in Energy

Bildschirmfoto 2018-05-13 um 23.17.32During the last weeks I reviewed several reports of energy blockchains. There are at the moment approximately 100 companies and pilot projects working with blockchain and energy. Main source of information was the report of Solarplaza, but also from the Energy Web Foundation and speeches and posters shown at Berlin Energy Blockchain conference Eventhorizon2018 April 17-29, 2018. You can read about my findings in this РI admit Рlonger article:

1. Most of the action (over 55%) is concentrated on the European continent.

2. The top 3 countries are the US, Germany and the Netherlands.

3. In terms of use cases, the most common one is Peer-to-Peer energy trading.

4. Ethereum blockchain is dominant, around 50% use it.

5. Close to 70% of the companies were started/founded between 2016 and 2017, which reflects an early stage the technology

6. More than one out of every three companies have conducted (or are planning) an ICO/token sale.

The figures are rough estimates, lots of data were missing. As blockchain was developed as an offshoot from the financial sector, a comparison could be done between possible applications in the energy sector to those developed from the financial sector.

The use of blockchain could remove the need for banks as middle men in the financial sector. In the energy sector it is mostly utility companies (energy distribution organisations) which are disrupted. Accounts would be based on the distributed ledger, and the transaction would be securely recorded. This approach is simple: it shall reduce costs and increase transparency.

The energy sector however has a different concept of “middle men” than the financial sector. In many transactions, a physical delivery of gas, electricity of heat is made.

It involves various market participants between buyer and seller, including transmission system operators (TSOs), exchanges, central counterparts, and clearing houses.

Regarding infrastructure, this would be required even under a blockchain and smart contract regime. Assuming that TSOs are “middle men”, in order to be removed either buyer or seller would need to own the linking infrastructure.

Regarding default, such “middle men” are designed to reduce transaction risk. As blockchain seeks to remove third parties to reduce transaction risk, it could be argued that no significant benefit is to be gained through replacing such third parties by using blockchain.

In light of these factors, two questions are key to considering the value of implementing blockchain in the energy sector:

‚Äď Who do you want to remove from the transaction? e.g. facilitator, transporter, exchange operator, clearing house

‚Äď Why? e.g. reduction of cost, risk, other?

The answers to these should be considered in that the success of blockchain lies in its specific ability to:

‚Äď reliably and securely record transactions; and

‚Äď automatically execute transaction-specific clauses.

Blockchain is a technology still in its infancy and there are no clear trends or limits as to how it could be used in the energy sector. There are many pilot projects which are currently exploring various uses.

The energy and power industry has very few early entrants and boasts a cumulative market cap under $1 billion. The power industry can benefit from the transparency, security, ease of transferring, and minimal transaction costs associated with the blockchain.

Projects, which I find interesting, outstanding, worth to be mentioned:

Energy Web Foundation

The Energy Web defines itself as open-source, scalable blockchain platform specifically designed for the energy sector’s regulatory, operational, and market needs. It serves as a foundational, shared, digital infrastructure for the energy and blockchain community to build and run their solutions.

The blockchain which will be designed by the Energy Web Foundation specifically serves the needs of this industry: high transaction rates at low costs. The Energy Web Foundation has the potential to et a new standard and has the potential to be widely used! 

Solara

SOLARA’s blockchain platform will create a trustless energy provenance record on the blockchain. It improves industry participant confidence in green energy infrastructure projects through the combination of strong cryptographic proofs and the use of so called SOLARA Hardware Modules (SHMs). It allows solar asset owners like private house owners with photovoltaic panels to potentially monetise their energy data.

At scale, the SOLARA platform has the potential to become the Bloomberg or Reuters of energy data, and effectively audit the global energy production, trading and use markets through the SOLARA blockchain. The ICO has not yet been started.

Green Power Exchange

The Green Power Exchange (‚ÄúGPX‚ÄĚ) is at its core a platform to trade and forward trade renewable energy, backed by real energy assets. It is an efficient market place for renewable energy producers and consumers to buy and sell electricity via smart contracts based on an underlying blockchain technology.

All of the issues raised in Section 1 can be solved through the application of a blockchain backed platform that has Smart Power Purchase Agreements built in. The GPX exchange will facilitate these exchanges by the adoption of a standardised and user-friendly contract based on our industry knowledge and existing power purchase agreements. Producers will be able to set the terms of the contract by simply clicking on check boxes that will include certain conditions (ie. Late payment policy, minimum purchase requirement, total power offered).

The Green Power Exchange platform provides a standard PPA based on the jurisdiction the renewable energy power plant is located in, or allows producers to upload their own. Any uploaded contract will be vetted to ensure strict compliance to standards set by the Green Power Exchange before it is stored on the blockchain. The contract will also include a layman’s summary of each section, so that all terms are clear and no potential consumer is misled. There are well-known standards and best practices for smart contracts. By following these standards, GPX will create blockchain services with predictable functionality and behavior. This will make integration of smart contracts into the power purchase process streamlined. The ERC20 compliant nature of these contracts means they can be easily integrated into third-party systems and applications (e.g. token exchanges and payment gateways). GPX aims to act simultaneously on global and local levels. In order to create a simple and effective instrument for energy providers and consumers, we propose a two-level token model:

  • The Green Energy Transfer Token (GET) will be a utility token, acting only as arepresentation of the power that is to be transmitted between the producer and consumer.
  • The Green Power Exchange Token (GPX), this ERC20 compliant token will serve a variety of functions, however, the main function of the GPX token will be of facilitate exchange of funds and to act as a means of exchange between jurisdictions.

The Green Energy Transfer Token (GET)

The GET token is the core of the Green Power Exchange Platform. Each GET is equal to 1 kWh and is jurisdictionally dependent. This means that power sold in France cannot be consumed in the U.S., as this is not currently physically possible. However, because the token is location dependent, it can be traded within its network and presents a unique opportunity for power trading as a commodity on the GPX platform.

Power Ledger

Power Ledger is one of the largest cryptocurrencies in the energy sector. Their crypto is currently priced at 0,46 EUR with. It was founded in May 2016 which makes them relatively old compared to many of the other cryptocurrencies on this list. When POWR began, they attempted to help solve three significant issues facing the global energy system. The first objective aims to provide alternative energy to individuals living in high-density areas. Their second goal is to change electricity networks to create an incentive for the Decentralized Energy Resources (DERs).

Their final goal is to mitigate the risk of connecting billions of dollars in network assets by using a secure decentralized blockchain. The last two years provided POWR the perfect opportunity to begin solving the problems plaguing the energy sector.

An Ambitious First Few Years:

August 2016 was when POWR’s first major milestone was accomplished. It should also be noted that a significant advantage for Power Ledger is that the Australian government backs the firm. As such, they are able to develop and trial the country’s first energy trading blockchain.

Almost immediately after, POWR made headlines again by deploying a peer-to-peer blockchain energy trading platform in New Zealand. These two accomplishments put the energy company on the map as an active player in the energy sector with the support of a government that is continually dealing with power related difficulties.

The achievements did not cease there, and by the end of the second quarter of 2017, POWR had deployed a commercial energy management system. It explicitly allowed for the transparent distribution of locally generated renewable energy to tenants in multi-unit dwellings.

Instead of being required to purchase power from the monopolised electric companies, an individual now can buy their electricity from someone generating it locally. POWR specialises in renewable energies, so the voltage you are purchasing is guaranteed to be from wind, solar, etc. (renewable sources).

POWR’s latest achievement is to enable vehicle charging stations across Australia. These charging stations would use solar power to charge themselves, and the user pays for the ability to access the charging station temporarily. With more and more individuals purchasing electric vehicles but not wanting to pay for the expensive charging devices that are required, pay to use charging stations should continue to increase in popularity.

Currently, POWR offers peer to peer trading of renewable energies in Australia and New Zealand. It runs charging stations popping up across Australia and have plans to expand further. With fully developed applications and many on the horizon, POWR looks to be the safest play in the long term for mass adoption as an entire country is already rallied behind it.

ReStart Energy RED Platform

MWAT is a token design by ReStart Energy for the RED platform. ReStart Energy is the fastest growing private energy provider in the European Union. The firm is also officially licensed as an energy supplier for the continent.

2017 saw more than $20 million in revenue with 2018 expected to surpass $100 million. Across the European Union ReStart currently has 35,000 paying customers and a 400 percent yearly growth rate. ReStart Energy created the RED platform to trade the MWAT token.

Their ICO hit the hard cap very quickly on January 15, 2018, but since then their price has been pummelled by the market correction. MWAT currency is valued at EUR 0.05 per token with a market cap of $24 million. This cap is exceptionally low for what the MWAT token represents.

The MWAT token enables the trading and storage of energy in a virtual network. Each token is ‚Äúbacked‚ÄĚ by an initial charge of 0.11kWh/token. Over time tokens accumulate more value as energy from producers drives their initial ‚Äúcharge.‚ÄĚ

The capacity per token is set at one MWh/token once fully charged. This idea is fascinating and revolutionary MWAT is attempting to create a system where you can bypass your local energy supplier and buy a cryptocurrency in exchange for power for your home or business. However, to be able to use the MWAT and trade it person to person a blockchain platform had to be created.

ReStart Energy decided to name their blockchain the RED Platform. What RED accomplishes is a global decentralised energy supply platform with p2p capabilities. This network enables consumers to buy energy from each other or directly from producers like ReStart.

The blockchain implements another level of transparency and security. By not having to transport that individual atom of energy through multiple middlemen and intermediaries the RED platform can save consumers well over 30 percent on energy costs. The savings the MWAT token provides the consumer will lead to mass adoption and the driving of the token’s value North.

ReStart has developed 500 Megawatt (MW) renewable energy projects and, through their ICO, intends to tokenize the use of energy on the blockchain. An enormous customer base and fantastic partners in the European Union will lead MWAT well above their ICO price.

Most coins have staking, or masternodes, or some form of adding value to long-term holders who purchase in mass quantities. MWAT is no different but once again adds a unique spin to holding large amounts of tokens.

The RED platform needed to use the MWAT token, in your home or business, launches in April 2018 with the countrywide launch in Romania coming by August. Currently, MWAT is priced under their ICO price even though they are backed by a profiting, rapidly growing, private, European Union based energy supply company with many partners and customers.

Every aspect is there for MWAT to be as big if not bigger than POWR over the next year. If MWAT is 50 percent of POWR’s market cap by the year-end it will provide a 500 percent return. If MWAT rivals POWR, they will yield over 1,000 percent in 2018.

ReStart Energy has tokenised electricity in the MWAT cryptocurrency and can legally distribute power it in the European Union. Their platform is going live for individuals to use MWATs by the end of quarter three with major partnerships and revenue streams already in place. Expect MWAT to be one of the few real moon potentials for 2018.

WePower

Similarly, to MWAT, WePower (WPR) also recently finished their ICO. Their token, the WPR, was recently trading at around $0.15 with a market cap $53 million. WPR is a green energy trading platform on the Ethereum Network. This means the tokens are ERC-20 which is convenient for transferring between wallets. The WPR platform helps green energy project developers to raise funds by allowing them to sell their energy directly to consumers by bypassing centralized energy companies.

By bypassing centralized energy companies, the consumer can pay a drastically reduced rate. This is beneficial for both producers of green energy and the consumers. The producer of the energy succeeds by not having to seek funding from venture capitalists or institutions at outlandish debt rates.

The consumer wins by having electricity in their home at a fraction of their previous cost. All these energy cryptocurrencies have many similarities but determining which one will have mass adoption is very important.

WPR intends to allow consumers to buy energy directly from renewable producers on a one kWh basis through smart contracts. This will enable global investment opportunities when green energy projects are presented while also increasing the existing market for consuming green energy. 23.000 people contributed to help us deliver our #mission of accelerating RenewableEnergy development and shifting the world towards a more #sustainable living. It is our time to now work even harder and deliver. The ball is in our hands and it is our time to now work even harder and deliver. WePower intends to act as an energy intermediary or an energy supplier of sorts. The firm’s platform connects to the energy grid and a local energy exchange market. The energy user also connects to this market, and all links in the chain are completed. When a renewable energy producer joins, future energy is tokenized based on kWh units.

Each internal energy token represents one kWh to be produced at a certain time in the future. This concept is fantastic as the consumer would not need additional equipment to pay energy bills besides being able to connect to the WePower market.

WPR tokens specifically allow for priority access to their holders for auctions of tokenized energy of future green energy plants. This allows token holders to purchase energy at the lowest initial price set by the producer. WPR is not used to pay for energy tokens.

WPR tokens are also rewarded in the form of dividends donated from producers at a 0.9 percent rate of total sales. This results in the WPR tokens accruing green energy over time and allowing them to sell or use the green energy once it’s produced and provided in a dividend. The idea seems solid, but who is the team behind the project?

The WPR project is sponsored by The Ministry of Energy of the Republic of Lithuania because of its likely positive impact on climate change. WPR is an innovative token that when clarified to the European regulator highlighted how it is structured as a reward based crowdfunding, where contributors are rewarded free energy to be used or sold in the future.

There are currently three partnerships to connect 1,000 MW capacity projects to the WPR network from Conquista Solar, Civitas, and Novocorex.

WPR has a lot of potential, but the uncertainty with European regulators and the token being a crowdfunding device seems to be a manipulative way around whatever it is they’re trying to accomplish. A major positive for WPR is their team as it is truly outstanding.

WPR’s government connections in Australia and Lithuania make it a very strong play as it is a rare find to see two governments actively interested in a single cryptocurrency.

Due to significant partnerships, an exceptional team and government support WPR should have an above average 2018. I believe that MWAT will outperform WPR and the other coins on this list, but if a second-place award were to be given, WPR would get the silver.

SolarCoin

SolarCoin (SLR) was launched in 2014 making it the oldest cryptocurrency on this list. A lack of market adoption and a shaky business model has, however, resulted in severe price fluctuations without ever gaining substantial traction. Currently, SLR is traded for $0.76 per token with a market cap of approximately $30 million. The concept was based on the idea of rewarding solar energy producers.The basic idea is simple: it indicates that if you have solar panels, you receive SLR as a ‚Äúthank you‚ÄĚ for being a good Samaritan. Think of it like miles for an airline company. By traveling you acquire them at no added cost to yourself. SLR provides tokens for free based on the amount of photovoltaic energy generated by the producer.

SolarCoin’s primary goal is to work as an incentive to reward the owner of solar photovoltaic systems in tokens. This stimulates the implementation of solar panels worldwide, accomplishing the introduction of renewable energy systems on a mass scale. Any owner of a solar installation may apply to claim their free SLR.

The form to sign up can be found on the company’s website. One SLR is provided per MWh of solar electricity generated. SLR coins are sent every six months based on solar energy produced.

Paying the ‚Äúdividend‚ÄĚ once every six months? Initially very interesting, but If the market adoption has not taken place in the prior three years, it is unlikely to happen now. The other energy cryptocurrencies do everything from actually tokenizing power to having partnerships with governments and major energy producers.

SLR’s selling point is that they are an incentive for solar producers paid semi-annually? The energy cryptocurrency market is already beginning to be filled with great options, and SLR does not seem to be one of the better choices.

SunContract

The objective of SunContract platform is to empower individuals, with an emphasis on home owners, to freely buy, sell or trade electricity. Instead of being hamstrung by natural monopoly of traditional power generators and distributors, one can now exchange electricity with any person one wishes to do directly.

By creating this platform, SunContract gives one the opportunity to become completely energy self-sufficient. Through the platform one can buy electricity, solar power plants, heat pumps and storage units and select between a wide array of energy products and services. For the first time in history individuals can decide on how much to pay for and to what extent even sell home-generated, green and blockchain-backed energy. It¬īs a contribution to as self-sufficient, eco-friendly, green energy community.

#16 Blockchains with a #ReturnOnSociety

Why Blockchain matters!

Blockchain is a digital ledger that records transactions or other data over time. A blockchain can be designed to be operated by a group of companies or individuals together such that no single entity controls the system or its data.

It offers a way for people who do not know each other to create a record of who owns what, that will compel the assent of everyone concerned.

What does that mean for real life? At the moment we hear a lot about Bitcoin and cryptocurrencies. It made blockchain technology famous.

My personal focus goes well beyond Bitcoin and cryptocurrencies towards blockchain use cases which serve the needs of people; which create an added value for the society, a #ReturnOnSociety

Where will we see blockchains in real life?

Health:

The blockchain can be used to create a type of universal record for patients with a timestamp, a library that enables data retrieval across diverse databases. This will become valuable as precision medicine and the explosion of data, sensors, wearables proceeds.  Take Medical Data Management

MedRec, one prototype using blockchains, is intended to improve electronical medical records and allow patients’ records to be accessed securely by any provider who needs it solving the waste of time, money and duplication in procedures, confusion and sometimes even life-threatening issue of records being distributed across many different facilities and providers.

Medicare fraud caused more than $30 million in losses in the United States in 2016, and blockchain-based systems could help minimize it. In addition, it could reduce admin costs for billing by eliminating the need for intermediaries with automated activities and more efficient processing.

#ReturnOnSociety: focusing on better health care for people

Finance:

The most mature plans for using blockchains aim to cut costs for financial institutions in tasks such as settling transactions involving bonds or other financial instruments. Which means in future we will be able to transfer money from A to B only over the blockchain without knowing A who B is and B who A is. We will trust in the blockchain technology to make that transfers happen. We trust the technology. And here I am very convinced. We will see banking systems on blockchain.

Peculium.io¬†is a French based ICO. The idea is to manage people¬īs savinges with the help of Artificial Intelligence. It is a revolutionary savings platform developed specifically to benefit from managing a superior cryptocurrency portfolio with the help of artificial intelligence based decision making. It shall assist people with a smaller income to still allow for growth of the savings they put at the bank. In this case it will be¬†Peculium.io. Definitely a type of innovative social banking.

Hada-dBank Islamic banking is another very nice example of a way to introduce sharing economy into financial sector.

There are two basic principles in Islamic banking. One is the sharing of profit and loss; and two, significantly, the prohibition of the collection and payment of interest by lenders and investors. Collecting interest or “Riba” is not permitted under Islamic law. In the case of profit, both the bank and its customer share in a pre-agreed proportion. In the case of a loss, all financial losses will then be borne by the lender. In addition to this, Islamic bank cannot create debt without goods and services to back it (i.e. physical assets including machinery, equipment, and inventory). Hence savings, deposits and investments with our¬†Hada-DBankwill be backed by physical assets such as precious metals and gemstones. This project has a clear #ReturnOnSociety.

#ReturnOnSociety: focusing on making crypto world safer.

Humanitarian:

There are several very nice initiatives on Charity, Refugee registry and UN Programmes.

BCharity (Article) has the idea is to collect funds for less privileged people, ICO will soon be launched. Another example is refugee camps in Kenya and Myanmar using a blockchain to help residents establish a financial identity through their dealings with aid agencies.

#ReturnOnSociety: focusing on making banking fairer.

Security:

Blockchains can also be used to create so called distributed contracts which can be used for keeping track of Internet of Things devices, which were the main weapons used in a DDoS attack, and hence it can be seen as a step towards making the internet a secure place for everyone. I am cofounder of the initiative HackerTracker, we work with crypto and cyber security experts to make ICOs and crypto world less vulnerable.

#ReturnOnSociety: focusing on making crypto world safer.

Energy:

I personally was involved in energy blockchain. It is possible to register not only currencies but any units on the blockchain. In the energy sector it can be kilowatt. There are several ICOs focusing on developing energy blockchains which will distribute energy but not rely on the services of utility companies but only on the blockchain technology it self.

KWHCoin has an approach of linking green energy in form of kWh (kiloWatt hours = unit for energy) with their KWHCoin. The idea is to make 1kWH = 1 KWHCoin

#ReturnOnSociety: supporting green energy to fight global warming

Decentralisation:

Internet giants like Google and Facebook contributed to a total centralised cyber world. Startups like Blockstack want to change that. They plan to release software, based on blockchain, that will enable your regular browser to explore a parallel universe to the Web where users have more control of their data.

#ReturnOnSociety: getting your personal data back, making data management more fair

And more:

And there are 1000s of applications possible like putting the land registry on blockchain to make it safer. Writing ideas on blockchain to help inventors proving that an idea came to their mind at a certain time.

And have a look at Blockchainforscience.com which postulates a new way how scientific publications are stored, and a new way of research is funded: not only a report at the end of a project but continuous publication and also funding!

Such a rich world of blockchain

use cases for #ReturnOnSociety

Let¬īs make it happen!

 

#15 Why I am using Huobi Exchange

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I am a big fan of China. I like the culture, history, Chinese food like delicious Shanghai kitchen, spicy Sichuan hotpot…and I love the language, so different from ours.

And I can cope well with the mentality of the people. I decided to provide insights to China¬īs crypto world.¬†Why? China is underestimated, misunderstood and still has lots to offer!

I will feature startups, people, ICOs, crypto and Neo related issues.

Today: Huobi.pro exchange

Huobi Global founded in September 2013. It was one of the first exchanges to enable real time rating of Bitcoin/US. However, they suffered a lot from strict regulations in China. When ICOs finally were completely forbiden in China they had to move to Singapore and expanded their business to Hong Kong, Japan, South Korea and lately to the United States: http://bit.ly/2Ee3Ul5

Why I use Huobi.pro

It was on of the first exchanges where one could earn GAS for Neo coin, my beloved NEO.org, developers paradise!

Why I like Huobi.pro

It is a simple trading platform with realtime applications and margin trading.  They even have a news section https://lnkd.in/gx9rNJu

Huobi.pro supports startups

They founded a blockchain incubator supporting crypto startups: http://bit.ly/2Ee3Ul5 

Plus Huobi introduced a token based voting system: https://goo.gl/pw46a3

How they dealt with problems: When WAX coin had problems, #Huobi cooperated with other platforms and prepared 20 million USD, in case platform users have big loss: http://bit.ly/2EB56fU

How big is Huobi?

VERY big: Huobi is serving 6 million users, which makes them the biggest player in Asia. Welcome to China! It definitely matters!

 

Source: Coindesk.com Medium.com

#14 Why am I a Neo fan? Neo is a serious alternative to Ethereum!

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Top expert Chris Hager, CTO of Red Pulse, recently organised a Neo-meetup in Vienna, Austria together with Dean van Dugteren, Nikolaj Kuntner and Erik van den Brink.

What is Neo – Slides: http://bit.ly/2rvNJud

Why is Neo great and will have even brighter future:

  1. ICOs can be done on Neo!
  2. Very clever alternative to #Ethereum 
  3. Smart Consenus mechanism

  4. CityofZion (CoZ) is global, true open source community for Neo under MIT license! https://lnkd.in/eV-mW8q worth watching in full!
  5. Governing system is unique and very advanced. Meant to be lean.

  6. Neo Coin shows excellent performance although still in development phase. It¬īs not meant to be a coin for trading. It¬īs meant to support coding!

  7. Neo is still a very young child which needs a lot of care and attention!

 

As I¬†speak some mandarin (śąĎšĻüšľöŤĮīśĪČŤĮ≠) I see lots of support for Neo on WeChat, the Chinese equivalent of Whatsapp.¬†

Neo Team:¬† Neo founder¬†Hongfei DA¬†co-founder¬†Erik Zhang¬† City of Zion:¬†Fabio Cesar Canesin¬† other team members:¬†ťô∂Ťć£Á•ļ Tony Tao, Malcolm Lerider

 

 

Disclaimer: I have no contractual relation with Neo. My focus is to support blockchain use cases with a #ReturnOnSociety