Posts tagged “ICO” (Page 2)

Gamblica is a Blockchain-driven platform that focusses gambling. It’s a gaming platform that supports online gambling internationally. Gamblica gives people from all over the world an opportunity to gamble, irrespective of where they are from or how much they earn. Gamblica introduces a unique ecosystem with the aim of revolutionizing online gambling by making it scalable, transparent, and safe than we’ve ever imagined.

Gamblica creators have promised fair pay-outs, distribution of funds, betting slips odd calculation, card distribution, and random number generation. There are many reasons for investing in Gamblica by purchasing GMBC tokens. For starters, the online gambling market is ever-growing, no signs of slowing down in the near future. All payments within the platform are made with GMBC tokens only, which allows the token to grow faster.

Gamblica’s Main Aim

Built by a group of gambling enthusiasts, Gamblica’s main aim is to introduce convenience, safety, and increase transparency in the world of online gambling while eliminating fraud as well as location and income barriers. Gamblica wants to make it possible for all age appropriate and willing gambling enthusiasts to be able to do so conveniently and in a more pleasant environment.

Gamblica intends to eliminate gambling fraud, which has become a global problem, by providing an opportunity for each player to check and confirm casino algorithm. This project, unlike others in the same field, is under the leadership of seasoned gamblers. All they want it to improve the online gambling scene by getting rid of all the negative aspects associated with it.

Gamblica’s Components

Gamblica is based on a decentralized smart contract system that integrates innovative IT solutions. When gaming on the platform, the casino cannot block your withdrawals or user account. The system allows low transaction costs and fast transactions irrespective of where you are in the globe. When it comes to making transactions, you will only be limited by the Ethereum transaction throughput, no other limits.

Any player can use the blockchain record and casino’s public key to validate RNG. Another essential feature of the platform is its scalable universal system that allows cross-regional modification of the program. All these features are meant to increase fairness and transparency in online gambling. The Gamblica Blockchain supports a wide range of online gambling and gaming activities including online poker, sports betting, and casino games.

Conclusion

The online gambling world is facing a lot of problems. From poor personal data protection to problems with deposits and withdrawals, scalability, and high transaction costs, there’s no shortage of flaws in the online gambling scene. Gamblica wants to remove all these inadequacies and make online gambling safer and more enjoyable for everyone.

Is it a good idea to invest in Gamblica? Well, the company is led by a group of managers with a lot of experience in online gambling. This has resulted in a lot of investor confidence. It’s had to say for sure, but Gamblica seems to be headed in the right direction.

Initial Coin Offering Regulation Concerns

Following Google’s ban on Cryptocurrency’s advertisements effective June 2018, the Initial Coin Offerings are starting to experience bearish trends characterized by significant value shed offs on Cryptocurrencies, the unit of account in ICOs. These trends come in the wake of the U.S. lawmakers’ concerns about ICOs: Advocating for unexplained policy formulations to guide the ICOs. Washington, on 7th March 2018, raised these concerns about ICOs during the DC Block Chain summit presentation posing a set of concerns about the ICO offerings, currently on offer in many developed financial markets.

James Sullivan, the Deputy President Department of Commerce and International Trade Administration portfolio was the presenter at the summit. He demonstrated that the U.S government was in full support of Blockchains’ role in raising finances for start-up organizations in stock exchanges. He was, however, of the idea that all stakeholders should collaborate in streamlining the trade. His allusions were premised on the U.S. Securities and exchange commission report “Statement on Potentially Unlawful Online Platforms for Trading Digital Assets” that warns investors of fraudster platforms characterized by unregulated activity.

In the summit themed “Examining Cryptocurrencies and ICO Markets,” Republican Bill Huizenga and Democrat Brad Sherman, in a rare show of unity, raised concerns on lack of concrete policies and regulations on ICOs. Unlike the IPOs that were guided by a series of market regulations, requirements and restrictions, ICOs were just operating on self-regulation. Brad Sharman pointed out that ICOs will enable terrorists and outlaws to launder money across borders and affect national securities of America and various nations. On enforcing this sentiment, Bill Huzeinga called for intensive oversight on ICOs and the entire Cryptocurrencies operation.

Reading Between The Lines

The markets did not react to these concerns. Instead, the Cryptocurrency markets were bullish amid increased activity in ICO offering across the globe. Pundits were of the opinion that the Washington concerns had evoked growing investor confidence in ICOs as a real investment option solely by the U.S. government’s recognition. They forecasted that the future trends are likely to be bullish as investors anticipate a highly lucrative and regulated market in the foreseeable future.

Additionally, the Pundits pointed out that the U.S administration was exhibiting clear commitment in collaborating with the market players in policy formulation. The effort was evident as Jihan Wu, Co-Founder of Bitcoin, made a presentation that neutralized the anti-ICOs atmosphere following SEC report of possible fraud. Jihan’s acknowledgment that ICOs were crucial in creating capital for startups and mid-level firms whose money was in the form of Cryptocurrencies resonated with James Sullivan’s assortment that the entire Blockchain has to be improved through concerted efforts.

What to expect

The ICOs will be regulated in the near feature as the U.S. has recognized the role they play in business capital creation. The financial markets will react positively to policies that will be formulated by the administration to streamline and regulate the operations. More investors will be interested in ICOS. The summit will result in a series of discussions that will see U.S. institutions that regulate the financial sectors and legal spheres develop a set of regulations. Most importantly, it is evident that the Cryptocurrencies and ICO Markets will not be declared illegal as the U.S. government is exhibiting positive intentions of regulating and developing these ventures.

The dominant Cryptocurrency, Bitcoin, registered signs of improvement in the financial markets on Thursday’s, 15th March 2018, afternoon trading session. Interestingly, this improvement is not precipitated by Google or Facebook withdrawing their ban notices on ICO trades: They have not withdrawn the ban. As Thursday’s trade session nears closure, the Bitcoin is trading at $8,241.52 having achieved a high of $8,788.00 and a low of $7,682.00 in the second half session. Other Cryptocurrencies such as Ether, Bitcoin, Zcash, Dash, Litecoin, Monero, etc. just to mention a few are following suit and registering improvements in the second session: Having shed-off value in the morning session following damaging publicity earlier this week.

What This Means For Initial Coin Offerings

From the Investors perspective, 15th March 2018 afternoon trading session recovery is a promising indicator of future surges in Cryptocurrency coins and token prices. Appreciation of Cryptocurrency values signals investors to participate in ICO trade in financial markets, as the value of tokens/coins will increase leading to higher returns on investment.

Firms who are offering initial coin offering are skeptical about the future of their biddings. With the growing descent from quotas criticizing all Cryptocurrency related activities and many governments deliberating on the way forward in regards to policy formulation, the market is likely to experience more shocks. However, the resilience of the market is quite evident and more firms will consider this factor. Firms like Basic attention, Aragon, and Status Um have raised around $35 million; $30 million and 270 million in record times will inspire more firms to seek funds on ICOs. Most notably, FileCoin, a startup company raised $200 million through an ICO and similar success stores will encourage most forms to issue ICOs.

Additionally, the markets will experience more significant precautionary measure as investors become more aggressive in interrogating the firms’ business ventures to determine their viability. Investors will not only be attracted to the possibilities of Cryptocurrency price surges in the future but also the businesses’ structures. Internal organization, goals, mission, vision, budgets, location, targeted markets, and legal factors will complement the expectations in interest payouts as a factor to consider when investing in ICOs.

The firms will streamline their mode of operations to appeal to prospective investors. Just like the firms that bid their stocks in stock exchanges, these firms offering ICOs will formulate a code of conduct for themselves in anticipation of enactment of regulation laws by governments. These firms will be readily accessible to the public, and they will adopt a culture of openness.

What This Price Increase Means To Regulation Authorities, Google, Facebook, And The Service Industry

The matter of fact is that Google and Facebook services are dominant across regions and have billions of users globally subscribing to them. ICO market analysts had allayed fears that with the damaging bans, the prices of the crypto coins would crash leading to the collapse of ICOs. Investors, Business entities, business developers and financial analyst can now conclude that it is only the policymakers in governments who can directly determine the performance of ICOs in the coming days. Pundits purport that it is difficult to foresee the level of increase in trade volumes in ICO Markets, following intense public outcry for regulations, but one outcome is expected-increased activities albeit depressed.

Omnitude Initial Coin Offering and its ECOM token link the current eCommerce platforms and enterprise systems to the Blockchain technologies. One of the pressing demands in the technology space is the interoperability that exists between the Blockchain technology and the networks of disparate software systems. A number of software solutions operate in disparate information verticals.

eCommerce websites and other enterprises can easily apply the use of Omnitude without changing the existing system to create a data ecosystem that is more transparent and efficient. As an open-source project, Omnitude has solid solutions that can also be used by a myriad of application developers.

The Value Proposition of Omnitude

Omnitude has been designed around standard APIs and a series of connectors that assists in shuttling data between various Blockchains and software platforms.

It gives the users an opportunity to develop data flows and integrations as a script or just an application.

The eCommerce industry is the main target market for Omnitude even though the use cases of ERP are in limitless in theory.

Omnitude has been created to help in the eradication of the several issues that are faced in the world of eCommerce. These include supply chain inefficiencies, customer onboarding by individual traders, and both seller and buyer fraud.

Omnitude had created three mechanisms that will assist the traders to lower identity theft, and these are the Omnitude Proof-of-Interaction, Single Reputation, and the Omnitude’s Single Identity. Omnitude has plans of launching the ECOM token on its upcoming Omnilayer platform.

Functions of the ECOM Token

The ECOM Token {ERC20} is basically a method of settlement that various parties can apply to access an ecosystem resource. Here are the main functions of the token.

ECOM gives the traders an opportunity to make payments in the ecosystem and subsequently access features such as:
• Omnitude ID
• Delivery Cycle Data
• Shared Product Data and a host of other needs.

It also makes it easy to make payments using Cryptocurrencies, FIAT, or the ECOM token. They can also be rewarded by other ECOM tokens when they take part in loyalty programs and other reviews.

Omnitude works as an incentive for merchants in this space to operate and secure the ecosystem. Its Blockchain has been fully secured by a peer-to-peer, and distributed network of validating nodes that manage the client application of the Omnibus Core. The nodes that will be able to apply the consensus algorithm will be able to get a share of the ECOM block.

The Team

The current CEO of Omnitude is its founder, Chris Painter. Before joining Omnitude, Mr Painter had earlier spent nine years as the managing director for Pixel by Pixel. The senior advisor is one of its co-founders, Robert Belgrave, who also founded Wirehive, a cloud services company.

The Department of Operations is headed by Ben Bennet who has worked in six various firms as the Sales Director.

The Final Verdict

The Omnitude ICO comes with a creative approach that tends to address some of the major problems faced in the world of enterprise system management. It brings some of the most innovative implementations that are needed in this industry.