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On 28th February, Telegram Open Network Limited was registered in Britain under the name Pavel Durov (the founder of Telegram). Telegram is a chat app, which has almost 200 million monthly users and is a commonly used platform for both ICO teams and investors, so that they can interact with each other.

telegram ico news

 

 

 

 

 

 

 

 

 

 

According to the latest telegram ICO news, the new crypto-project of the company has raised a huge amount of $1.7 billion in funding for its token sale, up to now, and will be providing services such as:

  • File storage
  • Private VPN
  • Encrypted browsing platforms
  • Services for decentralized apps
  • Decentralized browsing
  • Micropayments
  • P2P payment capabilities

Crypto Scam Alert

The company, Telegram Open Network appears to have been formed in an exertion to divert funds away from the legitimate project and it would have accomplished, if the scam didn’t expose. Their legal registration as a company could’ve legalized the project in the front of genuine investors, however, the project recently grabbed the attention of Telegram. A tweet was posted on 6th April, which revealed that it was entirely unrelated to the official project. According to this tweet by Telegram Open Network Limited, the company wasn’t linked to Durov and cited numerous red flags that raised incredulity in register document.

$1.13 Billion In Paid-Up Capital

Telegram Open Network has claimed to have $1.13 billion in paid-up capital in their registeration, and this is something which elevated uncertainties. Seemingly, the process of registration for British companies isn’t as severe as it might be anticipated however, applicants are expected to confirm their own details without actual oversight, and the procedure can be finished online for under $20 at Companies House.

Low Barriers to Entry

Even with difficulties for startups, the company’s registration can allow scammers to play away from the victims, especially from those who are searching for the legitimate registration without examining the details. Last week, the Telegram’s ICO made almost $850 million. Various investors have already earned a lot by flicking their tokens before the sale went public. With demand for a place in this enormous ICO success, it is not hard to envision how the bogus company could’ve deceived genuine investors who were eager to contribute to the action.

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Some Vital Tools for A Successful ICO Marketing Campaigns

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ICO marketing campaigns are taking over the world. If you want to be successful in this zone, you must have to present your product offering as a ‘must-have investment.’

  • Over 1,500 cryptocurrencies are operating across 10,000 markets.
  • The strategies for ICO marketing should fuse dynamic marketing, traditional ICO and marketing tactics campaigns to make a successful plan.
  • The collaboration that is present within successful ICO marketing plans hinges upon the association amid numerous methods.

ico token

Quality Grade Content

  • ICO marketing guidance isn’t much different, as the high-quality content is crucial.
  • This starts with a perfectly constructed white paper.
  • The white paper’s content should provide vibrant and clear instructions regarding how the token sale is going to be advantageous to investors.

Campaigns Based on Research

  • Market research is the keystone on which all successful and effectual campaigns are built.
  • Actually, methodical research will regulate if there’s a need for a new cryptocurrency in the market.
  • Flawed and weak research leads to failed consequences.
  • The ICO marketing companies should distinguish demographics from target markets, as well as an all-inclusive understanding of the crypto-community is also needed.

Marketing Plans

  • The most effectual means to market a cryptocurrency is through Telegram, which is a popular messaging app.
  • Telegram is a cloud-based messaging service which is run by a non-profit firm and is available for; iOS systems, Linux, Android, Windows NT, Windows Phone, Mac OS, and Android.
  • You can find other ICO marketing solutions as well like; social media sites, cryptocurrency forums which are highly ranked and other cryptocurrency informational platforms, like Bitcointalk.
  • Altogether, these marketing networks provide the finest possible attempt for a successful ICO.
  • Also, it’s essential to include traditional social media choices in the combination, as these can inflate the sway of the marketing campaign.

Resources Available to the ICO Marketing Team

ICOs (Initial Coin Offerings) are amid the most popular investment opportunities in the market.

  • Initial Coin Offerings (ICOs) with the blockchain tech uses a token-based model.
  • New cryptocurrencies that appear on the scene are expected to inflate at an exponential rate, which makes it more imperative to have the correct ICO marketing plan for the token-based business model.
  • ICO marketing companies comprehend the nuances and details of this unstable
  • Marketing activity should be focused on accomplishing the needs of all investors and trigger others who have just a little interest in the ICO token

Role of PPC

  • PPC is known as ‘Pay Per Click’.
  • It targets users based on certain analytical data so that it can reach an extensive audience that any other token-website could do alone.
  • PPC can immensely influence on adoption, sales, and ROI by redirecting attention from the crypto media network to the ICO pre-launch site.
  • It has got the ability to make leads and changes, allowing PPC marketing to endure a foremost and a leading tool in any ICO-marketing-package.
  • PPC is helpful for every stage of a crypto-development.
  • The ICO campaigns can successfully channel focus directly to the website of the company.
  • Efficiently managed PPC campaigns are expected to lead to successful results.
  • Facebook has banned cryptocurrency PPC ads. Plus, Google is also looking forward to ban all crypto-related PPC ads from June 2018.
  • Likewise, Twitter has also enforced a ban on all crypto-related ads, which will start soon.
  • The main reason behind this ban is to protect gullible folks who have no knowledge about the volatility of the market and to save them from making costly mistakes.
  • ICO marketing specialists use ‘Pay Per Click’ procedure in crypto media networks as this time-tested method attract well-versed crypto enthusiasts, investors, and traders.

Email Marketing Campaigns

  • Email marketing is immensely helpful for a well-structured ICO campaign.
  • At this time, multiple email marketing options are available for ICO marketing including, self-service campaigns and managed email campaigns.

Self-Service Email Marketing Campaigns

  • Self-service email marketing campaigns let ICO companies pick their favourite email listing and then generate their custom-made message.

ICO marketing manager

  • An ICO marketing manager can project the HTML-creative and then succumb it.
  • Email marketing campaign’s cost differs according to the offering’s quality, the number of emails, and the budget of the company that are expected to be sent via the campaign.

Channels Used for Cryptocurrency Resources

  • BitcoinTalk is considered as the leading portal to the crypto world.
  • For a successful ICO marketing campaign, it must exploit the power of these platforms.
  • BitcoinTalk has drawn the attention of the crypto community in a huge way and its effect has spread everywhere through the ecosystem.

For the ICO marketing campaign, publicity is always better and to get the well-known word out there, social media marketing across powerful crypto-oriented platforms, (BitcoinTalk, Facebook, Twitter, Instagram, and Pinterest) is essential.

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Crypto-Market Rebounds At $426 Billion, While Major Cryptocurrencies See Another Day in the Red

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Once again, major cryptocurrencies are struggling to maintain their surging momentum secured, on February 26. Bitcoin has dropped below the $10,000 mark again, while Ethereum is still struggling to surge above $900.

In the beginning of this year, bitcoin reached to its all-time low and throughout February, the top-cryptocurrency, which assess its dominance over the worldwide cryptocurrency market, drastically surged to around about 39%, as many cryptocurrencies in the crypto-market followed Bitcoin price trend. Bitcoin has performed a lot better than Ethereum and other major cryptocurrencies in the past month and has increased drastically after falling to $6,100, which makes it extremely volatile.

After the slump in January, experts were anticipating that the price of bitcoin would start to recover to its previous levels by the end of February. However, the top-cryptocurrency has sustained to move in between $9,000 – $11,000. Multiple traders have shown their concerns on this short-term performance of bitcoin, mainly because it has low volume.

CEO of Blockstream (blockchain development company) and a bitcoin expert, Adam Back, highlighted that while technical analysis is showing volatile future for bitcoin, the technical advances and fundamentals are pointing toward a positive future for bitcoin.

The largest cryptocurrency trading platform and bitcoin wallet platform, Coinbase, has announced the incorporation of Segregated Witness this week, which is basically a transaction flexibility and ascending solution, along with transaction batching, ensuing the implementation of SegWit by Bitfinex, which is another top cryptocurrency exchange.

The Coinbase team specified on 23rd February, that SegWit has been already turned out to 25% of customers, which surpasses more than 3 million users. He also highlighted the ability of “second-layer scaling solutions” such as; Lightning alNetwork. Coinbase wrote, that the latest technologies that require SegWit, like the Lightning Network, have the ability to drastically upsurge the utility of Bitcoin as a payment network and profit its customers. Coinbase currently has a keen full-time software engineer, who’s working on an open source contribution to the Lightning Network.

Back also mentioned Lightning, SegWit, and further capable privacy solutions as “Bulletproofs”, which are being dynamically developed by the developers of bitcoin in its open source community. While the whole cryptocurrency market is highly volatile in its upside and downside, its price trend will not precisely depict the extent of developments and upsurge in the user activity of most important cryptocurrencies like Bitcoin and Ethereum.

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How Does Bitcoin Work?

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What is Bitcoin?

Bitcoin is a digital currency and this world-wide payment system has been all over the news for several years now. Bitcoin was basically created as a reward for a process called mining and it can be exchanged for products and other currencies. Bitcoin was the first cryptocurrency but in 2009, it appeared for the first time from a developer named, Satoshi Nakamoto and all cryptocurrencies that were created after Bitcoin are called Altcoins.

Just because Bitcoin is completely digital and doesn’t really match to any of the existing fiat currency, it’s not really easy for a newcomer to understand what it is actually about. So, let’s find out how does Bitcoin work and what is it exactly about!

How does it Work?

As we already know that it is a digital currency, to understand how does Bitcoin work is going to be a little complex. Bitcoin is not a physical element like coins, the verification and value of each Bitcoin is provided by a global peer-to-peer network.

Bitcoin is conducted on a public ledger known as blockchain and because it’s transferred digitally, it automatically means that it exits only online. It has a monetary value just like gold and is also decentralized. You don’t need a bank to use it, because it’s not managed by a single person but rather a group of people called miners, who process its transactions

how does bitcoin work

Blockchain:

It’s miner’s responsibility to ensure that bitcoin transactions that are made by the users are legit and after that, all confirmed transactions are added to the blockchain.  In this way, spendable balance can be calculated and new transactions can be verified. The veracity and the sequential order of the blockchain are obligated with cryptography.

Transactions:

You must’ve been confused about what exactly transaction is. It is basically a transfer of value between Bitcoin wallets that is also included in the blockchain. Bitcoin wallet stores the information that is essential for the transaction of bitcoins. It also has a private key which keeps a secret data and is used to sign transactions. It also provides a mathematical proof that they’ve actually come from the owner’s wallet. A plus point about “signature” is that it prevents the transaction from being changed by anyone else after it’s been issued. Each transaction is broadcasted between its users and it often gets confirmed by the network within the following 10 minutes, through a process known as mining.

Mining:

Mining is a process in which records are kept through the use of computer processing power. It is a distributed consensus system that confirms the waiting transactions by adding them in the block chain. It protects the impartiality of the network, imposes a sequential disorder in the block chain and allows multiple computers to settle on the system’s state.

To get these transactions confirmed, they must have to be packed in a block that fits quite strict cryptographic rules that are going to be verified by the network. These rules also help in preventing previous blocks from being altered because by doing that, it would overturn all the subsequent blocks.

Mining can also make the equal of a competitive lottery that averts individuals from adding new blocks easily in the block chain and in this way, no individual can regulate what’s added in the block chain or swap parts of the blockchain to get back their own spends.

If you want to get involved in the top-cryptocurrency, make sure to do your research on how does bitcoin work. It can be a profitable and a thrilling investment, but just like other investments, it’s always better to look out for safety.

Image Credit : Steemit

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A huge rally of the bitcoin

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Bitcoin’s record-breaking rally has enchanted markets. Companies raised millions in minutes or even in seconds, means investors are desperate to adopt the new digital technology startup. At the start of this month, Mozilla’s co-founder Brendan Eich earn $35 million of attention token within 30 seconds. Whereas, its unit of exchange is the company’s brave browser.

This year, digital token’s price is more than double. While the companies continually using this technology by selling Bitcoin and invest them in different projects, instead of resorting traditional method of finance.

These token’s development is at the early stage. In addition, TaaS sell the coin, double in price in five weeks.

Coins have risen over 100 percent. While, when they start trading, there was 13 percent on average offering to U.S this year. The chairman of the wall street blockchain alliance Ron Quaranta says that coin irresistible demand. In addition, a huge part of it is involving in the conjecture. Whereas, traders are trying to make money in a short time period. Luckily, essential drivers are also here, this is an expectation that digital market is getting mature.

Coin’s startup bypass

Storj labs Inc. raise $30 million in the early round of financing by selling coins at 50 cents a piece. Within few days, a large number of people get to sign up for the sake of a piece. Unfortunately, there is a clasp, like traditional investment, token don’t consult an entitlement on Storj’s future.

Moreover, token’s value is calculated by providing the direct approach to data on the distributed ledger. Basically, this is the new ledger of the digital currencies, where coins unlock endless apps in the digital world. Whereas, the coin is tradeable on a large number of online exchanges. And, demand for these coins is continually growing.

Discussion

According to the research of the Crown and Smith, forty-four coins have been issued. Whereas, a token issued by the Edgeless on 30th March, get 500 percent jump, a huge gain ever. Accordingly, acceptance of the blockchain technology is increasing with the passage of time as more bitcoin discussions take place.

President of the Kingsbridge wealth management David Dunn was the first person who introduces bitcoin concept in companies in 2014 and made his investment in blockchain linked companies. David adds, “I’d rather invest in the companies using the technology themselves. The speculators might end up being right, and this becomes a solid investment because of the power of the technology, but we’re not at that stage.”

Goodluck!

 

Tags: bitcoin price prediction, bitcoin speculation

 

 

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Bitcoin Cash Down By 42% In Single Day – Will It Recover?

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Out of 10 biggest cryptos, Bitcoin Cash took the biggest hit on Friday as its value dropped by ~42% in one day.

Over the previous week, the South Korean crypto market‘s Bitcoin Cash frenzy and the reconciliation of BCH on the CoinBase and its digital currency exchange GDAX prompted a meteoric boost in the value of Bitcoin Cash.

Within seven days, the cost of Bitcoin Cash surged from $1,760 to $4,300, increasing by more than 144 percent.

As allegations against Coinbase’s potential insider exchanging of Bitcoin Cash rose, the cost of Bitcoin Cash encountered a minor revision, from $3,500 to $3,300. Still, a couple of hours later, the cost of Bitcoin Cash crested at $4,300, because of the rising interest for the crypto in South Korea.

For a concise timeframe, CoinBase and GDAX suspended Bitcoin Cash exchanging given its unforeseen unpredictability and suspicious value development of BCH before the coordination of Bitcoin Cash by CoinBase and GDAX. CoinBase CEO Brian Armstrong composed:

“I take the confidentiality of non-public data very seriously as CEO. Given the cost increment in the hours driving up the announcement, we will lead an investigation regarding this issue. If we discover confirmation of any worker or contractual worker damaging our arrangements — directly or indirectly — I won’t falter to fire the person quickly and make a legal move.”

So, Is BCH Going To Recover?

The latest slump in the cost of BCH isn’t just specific to BCH. Each and every digital currency in the market, from the biggest to top 100 have fallen in value. Bitcoin, Ethereum, Litecoin, Ripple, Monero, and IOTA have recorded more than 30 percent slump in cost in the course of recent hours.

Thus, the cost of Bitcoin Cash will probably recoup if the crypto market can recuperate quickly. Throughout 2017, the whole digital money market had not encountered a hit of this size in which each cryptocurrency in the market was influenced.

However, experts have noticed that the current cost adjustment of crypto money was essential, given the exponential increment in value and market valuation of cryptographic money since January 1.

Story Credit: ccn.com

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