What is CREDITS (CS)? Is CREDITS a good investment? CREDITS vs Bitcoin vs Ethereum – Which one is the best?
If you are looking for answers to these questions, you have come to the right place! In this CREDITS review, I am going to explain to you what is CREDITS all about and what they are trying to achieve. In addition, I’ll explain whether I am going to invest in their coin or not.
CREDITS will have an ICO (Initial Coin Offering) starting from 15.2.2018 and I am going to invest in it. Check out my video below where I explain the reasons why I’m going to invest in it and how much.
Name: Credits
Launch: Late 2017. ICO in February 2018
Type: Cryptocurrency. Aims to Solve the Scalability Challenge.
Short Review: CREDITS is a cryptocurrency with big promises and ambitious goals. It will be interesting to see how their project moves forward because if they achieve their goals even closely, this is going to be a huge thing in the marketplace. That’s why I am probably going to invest some money in their coin. That being said, the project is still in its infancy and there are many risks along the way.
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CREDITS is a blockchain protocol that aims to solve the scalability problems. They have an own cryptocurrency called CREDITS (CS) and smart contracts as well. Their system is coded in Java which is one of the most common programming languages in the world.
The company had a pre-ICO in December 2017 where they easily raised +$3 million. Their ICO is in February with a relatively small hard cap of $20M. I am pretty sure that they’ll reach that goal because there’s hype around this cryptocurrency at the moment.
Let’s take a closer look at what they are planning to achieve.
The picture below explains, in a nutshell, the goals of CREDITS. They are pretty ambitious, to be honest.
You probably know that nowadays a Bitcoin or Ethereum transaction can cost even $15 and take more than an hour. Imagine if you could make a transaction with a decentralized cryptocurrency faster than in a second with a $0,001 transaction fee. Of course, you can make extremely quick and cheap transactions with Ripple but it’s a centralized system which is the reason some people don’t like it.
Nowadays Bitcoin network processes around 7 transactions per second while Ethereum network manages ~300 transactions per second. Of course, these numbers vary depending on the day but these are rough estimations.
Imagine if the network could process more than 1,000,000 transactions per second. That would make the mass adoption of cryptocurrencies even easier. I believe that in the future billions of people around the world will be using cryptocurrencies as a payment method so we need to find solutions to the scalability problem.
I’ve paid $15 for a Bitcoin transaction and also a fairly high amount for an Ethereum transaction as well. The reality is that we can’t really use them as a good form of payment at the moment. I wouldn’t like to buy a cup of coffee for $2 and pay $17 in total because of the transaction fees. That would be nonsense.
However, if the transaction fee would be only $0,001 like CREDITS project aims, that would be perfect. I could definitely use it as a payment method because transaction fees wouldn’t be too high.
Bitcoin enables us to transfer money/value through the blockchain. Ethereum allows us the programmable transfer of value. It means that you can build smart contracts on their platform. “If thing x happens, then thing y will also happen.”
However, many cryptocurrencies including NEO and EOS are trying to make things better than Ethereum. That’s also a goal for CREDITS.
I remember the first times when I invested in Bitcoin a few years ago. There weren’t many different cryptocurrencies and quite a few people knew even Bitcoin. When people talked about the benefits of Bitcoin they listed for example Almost free and instant transactions.
The price of Bitcoin was around $300, the market cap was way smaller and there was much less trading than there is today. There weren’t any scalability problems. Nowadays one Bitcoin transaction may cost $15 and take even an hour. Yes, it can still be much cheaper and faster than the bank transfer abroad but we would like to see the fee closer to $0 and time closer to 10 seconds.
That brings us to challenges of CREDITS.
CREDITS has big promises but we still need to remember that the whole project is in its infancy. Many other cryptocurrencies have also promised to solve the scalability problems. But what happens when they reach the same level like Bitcoin ($200,000,000,000 market cap)?
Everybody thought a few years ago that the Bitcoin could as well provide cheap and instant transactions but we saw that the mass adoption has created some challenges. On the other hand, CREDITS is using a bit different technology than Bitcoin so they have changes of solving those problems.
Let’s have a quick look at the CREDITS roadmap, team, and the community. Those are the things that are eventually going to determine the market price and whether CREDITS is worth investing or not.
In the picture below you can take a look at their rough roadmap. For a detailed, you can read more on their website.
CREDITS has a large team because they have around 40 members and almost 10 advisors. It’s one of the biggest teams that I’ve seen with new cryptocurrency projects that haven’t even reached the ICO stage (I’m writing this section before the ICO). Bankera has a bit bigger team than CREDITS but very few other ones have 50 members at this stage.
That’s, of course, a good sign for several reasons. 1.Many people find this project interesting and worthwhile and they are willing to put their time for CREDITS. 2.A big team can accomplish big things. If there are only 5-10 people, the results may be a bit limited. With 50 people you can already start making miracles.
The team has numerous developers, marketers, PR-people, community managers, partnership managers and so on. That’s a positive thing for this project, of course. There is a cryptocurrency project that I like called BitDegree. However, they have only one community manager while CREDITS has 3 community managers. It illustrates the size of their team.
The most of the team members are Russian. You can have a look at their leaders in the picture below. You’ll find more details about their team and advisors on CREDITS official website.
At the moment when I am writing this article (11.2.2018) they have the following amount of followers in different social media:
We can confidently say that there’s a lot of interest around CREDITS. I believe that those numbers will rapidly rise if and when CREDITS starts moving forward and developing their product. On the other hand, CREDITS is not the most hyped cryptocurrencies and their Telegram group is much smaller than, for example, Friendz or Medicalchain.
I heard of Credits for the first time in Suppoman’s daily cryptocurrency video. He is a famous crypto YouTuber who reviews different coins. He likes to create the hype around different coins and he has a lot of influence in the space. One reason for the hype around CREDITS is certainly Suppoman who was talking positively about their ICO in his video.
I see a lot of potential in this project. They are aiming to solve a huge challenge and they have ambitious goals. If they eventually succeed with their plans, their cryptocurrency is going to be huge. My prediction is that the hype around their goal is going to pull up the price anyway.
Therefore, I am probably going to invest some money on their project. However, their project is so new and at the beginning that I’m most likely not going to put lots of money in.
At the moment my strategy with cryptocurrencies is finding great ICOs that are going to make big profits over the time course. Normally I am not a trader and I hold coins for a long term. I pick a potential project and hold their coins basically forever. If they make 10X gains, I may take some profits and move it to other cryptocurrencies.
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Even though I am actively investing in cryptocurrencies, I am also building other income streams online. In my opinion, it’s good to have several income streams so you are not dependent of only one or two. If you are interested in making money online like I do, take a look at this step-by-step training or click the picture below:
What do you think about Credits?
Is it worth buying or not?
How much will the value be in the future?
If you are looking for a comprehensive Friendz ICO review, you have come to the right place. In this article, I am going to explain everything you need to know about Friendz and their upcoming ICO. I’ll also tell you 5 BIG reasons why I am going to invest myself in their FDZ tokens.
Name: Friendz
Website: www.Friendz.io
Launch: Friendz Has Started in 2016. The Blockchain Implementation and ICO in 2018.
Type: Cryptocurrency
Short Review: Friendz is one of the most promising ICOs that I have researched. They already have a product that has been launched in 2016 and it has more than 200,000 users. The company has +200 multinational clients including popular brands like Uber, Toyota, Phillips, and many others. I am certainly going to invest in their ICO. I like their project and I am convinced that investing in their tokens will give good returns for early investors.
By the way, if you want to learn to make money with cryptocurrencies, I recommend having a look at my new course on Udemy “Make Money with Cryptocurrencies in 2018! – A Solid Strategy”
Friendz is a fast-growing company that connects brands with their target audience. Companies and big brands will have an opportunity to advertise to a targeted audience while users can earn rewards for posting content on social media. Let me give you an example right away.
Uber wants to promote their brand and services. They set up a campaign on Friendz which gives rewards for normal users who post a brand-related content on social media like Facebook, Instagram, Twitter, etc. It’s a win-win situation where the brand can have an opportunity to advertise themselves and “normal people” can earn money by posting simple content.
Friendz is already a working product that was launched in 2016. The company has been growing very fast. It has grown from a simple idea into a company of 35 employees, +200 multinational clients, +200k users and much more. The picture below illustrates the key metrics of the company:
Friendz has already acquired huge clients including Uber, PayPal, Nestle, Phillips, Sony and more. Take a look at the picture below:
I have researched and analyzed tons of ICOs over the time course. I noticed that Friendz has several benefits to many other ICOs.
Many ICOs are just startup with a beautiful idea. However, with most of them, there isn’t any proof of success. With Friendz, things are totally different.
They have launched their product two years ago and it has been extremely popular. The growth has been convincing and the company is doing great.
Many ICOs have just a small team of 5-10 team people. Of course, the quantity of team members isn’t the only decisive factors but you can imagine the difference between the project that has 5 persons working for it compared to a project with 35 people. Most likely you’ll get much more done with a larger team.
I have seen ICOs with big promises but their quality of work has been very low on all aspects. When you go through what Friendz has already done, you can see that they are creating top-notch products and material.
Their white paper is a detailed 71 page long document that explains how the business works and how everything will move forward in the future. When you go to Friendz.io website, you see that these guys really know what they are doing.
Friendz team consists of 35 people and it seems to be growing constantly. The founders and the most of the team members are Italian. That’s why the Friendz app has also been extremely popular in Italy.
Their team is actively communicating with the community through their social media channels. Friendz has already tens of thousands of members on their Telegram group. You get answers to your questions usually right away.
Participating Friendz ICO is simple. Let me explain you the process step-by-step.
On their homepage, you’ll find all the information regarding their company, ICO, and project.
You can quickly sign up by using your Google or an email and it takes only 5 seconds.
When you have signed up, you’ll land on the following page:
The most important things, in my opinion, are 1.Apply for the whitelist so you guarantee that you can participate the ICO and 4.Wallet address so they know from which cryptocurrency wallet you are sending the funds during their token sale.
If you want to buy contribute more than 1 ETH (like I do), you need to do KYC (Know Your Costumer). It means that you need to send a picture of yourself and your passport to verify that yourself. This is a normal process and usually all ICOs require it.
You can find the KYC on the left-bottom side of your Friendz dashboard (see the picture below):
The ICO starts 1st of March 2018 and lasts until 21st of March 2018 or until the hard cap of 750,000,000 has been reached. I am pretty sure that the ICO will be sold out and they’ll reach the hard cap before 21st of March. The minimum goal of the ICO is 50,000 tokens.
You can participate the ICO by going to your dashboard and clicking, “ICO” on the left-hand side as you can see in the picture above. In the picture below you will see the most important details of the ICO.
As always in ICOs, Friendz also provides bonuses for early investors. The picture below explains the bonuses very well:
During the first hour of ICO, you can get even 40% bonus on your investment. During the first day, you’ll still get a 20% bonus and during the first week a 10% bonus.
FDZ is an ERC-20 token and based on the Ethereum platform like numerous other tokens including BitDegree and MedicalChain.
Friendz app has been downloaded more than 200,000 times and I wanted to have a look what kind of reviews people are giving to it. This pretty much determines how much people usually like it.
On Google Play Store they have received the average rating of 4,6 points out of 5. That’s incredibly good. I have reviewed numerous apps on my website and I rarely see something so good.
Friendz ICO has also been reviewed on multiple sites. People seem to love the idea as well. For example, on ICO Bench Friendz is listed among the top-ranking ICOs with the average rating 4,7 stars out of 5 based on 30 reviews.
I was thinking about this question because many ICOs don’t even have a real need for the blockchain. They just use it as a synonym for a database in order to raise more money.
However, after reading Friendz whitepaper I realized that the blockchain can be immensely useful with Friendz. Tokens will be used, for example, when users share the content on social media. Without a blockchain, the system could require much more system to do everything manually. That’s only one benefit of the blockchain in this case.
It also enables the direct connection between brands and users when they are using the decentralized blockchain and the token system. The blockchain creates transparency and trust towards users and brands.
Friendz is beginning to establish partnerships with +150 huge e-commerce platforms. Users could then use their tokens when buying something online.
Anyway, if you have any questions about the blockchain and tokens, I recommend reading their whitepaper. It probably answers to all your questions. You can also contact their team by Telegram. And as always, I am ready to answer all my website visitors personally in the comments below.
I am certainly going to invest in Friendz ICO and I can recommend it to you as well. This project has so huge potential that I am excited to see how it will move forward. Actually, we are not only talking about the potential because they already have +200,000 users and +200 international clients.
Their product has received extremely positive reviews and the quality of their work is top-notch. I don’t see any reason why their project wouldn’t succeed.
What do you think about Friendz?
Are you going to invest in their ICO?
How much will the value be in the future?
(Disclaimer: The above references an opinion and is for information purposes only. It is not intended to be investment advice.)
“We need to make a dent in the universe.” – Steve Jobs
Dent is in an exciting place right now. Many new altcoins have been listed in exchanges between December and January, Dent being one of the first. Dent has a unique niche along these coins in having a fully viable product already released, and the initial price bubble already burst. In this article, I will analyze the Dent product and the price of the DENT token.
Name: Dent
Ticker: DENT
Launched: ICO on July 2017, First app release on 12/28/2017
Type: ERC-20 token for mobile app currency
Short Review: Dent is an app for selling mobile data. At the moment, users can use the DENT token to pay for mobile data for specific carrier users in USA and Mexico. Later on, users will be able to sell their unused data on the Dent app marketplace. Dent can also be used to completely bypass roaming data fees.
Investing in Dent tokens can make you big returns but it also involves risk. If you prefer proven ways for making money online, I recommend having a look at this step-by-step training.
A local data provider (let’s call it Carrier A) agrees to participate in the Dent marketplace. This allows users of Carrier A to receive data packages via the Dent app. The recipient of mobile data doesn’t have to pay anything.
There are two ways to purchase data within Dent. The first method is to purchase data packages directly from the carriers. The carriers have pre-negotiated different prices for different sizes of data packages, and those are always available for purchase in the Dent app. The data packages are paid using the DENT token.
The recipient of the purchase must be using the network of the carrier that the data package was purchased from. The buyer can select himself as the recipient. This method can be used to give mobile data gifts to friends, circumvent roaming costs, or just to use cryptocurrency to pay for mobile data. This method is currently available for all Dent app users.
The other way to purchase mobile data via Dent is the user-to-user marketplace. This functionality of the Dent app will become available in Q3 2018. Dent app users can purchase mobile data packages that other users of the same carrier have put up for sale on the marketplace. The price for mobile data packages will fluctuate based on supply and demand.
Additionally, the competition will continuously push the data price below the price of “official” prepaid data packages issued by the carriers themselves. Users can purchase data when the price is low, benefiting from the system. This method of purchase will be highly useful for customers in countries with limited data package availability, corruption in data package sales or difficulty to pay for mobile data using fiat money.
I will explain this with an example: A Dent user is a customer of carrier A. She travels to a country, where carriers B, C and D are available. Normally, her mobile would automatically use whichever out of the carriers B, C and D has the cheapest roaming data agreement with carrier A.
Any mobile data she uses will however still be routed via carrier A, which is very cost-ineffective. If carrier A and any of the other carriers have Dent support, she can purchase the cheapest data package she can find in the Dent app instead of paying expensive roaming fees.
The data will be routed directly to the local carrier, which is faster and more cost-efficient. This can even enable her to purchase data from carriers that do not have a roaming agreement with carrier A.
The Dent mobile data prices fluctuate around the price available for local mobile users of the country, so it is highly probable that she will get a better deal via the Dent app than roaming. This functionality is currently available to a few carriers in USA and Mexico. New carriers will be added in Q1 and Q2 2018, and user-to-user data selling will be available in Q3 2018.
This functionality will unlock on Q3 2018. If a Dent user thinks that he will not use all of his mobile data (prepaid or monthly subscription), he can sell any percentage of it on the Dent marketplace. He will select an amount of data to sell and a price in DENT. His carrier will approve the sell order, and it will be placed on the Dent marketplace. Any Dent user in the carrier’s area can pick up the order.
The carrier and the Dent company will take a cut from the sale and the seller will receive the rest of the DENT tokens. This is very profitable to the carrier because they will receive a cut from data that they had already sold to the user who placed the sell order.
Many start-up companies hold ICOs due to the huge hype surrounding them. It is a legitimate question whether a given company is actually using the blockchain technology as an integral part of their product or just pumping ICO money selling out tokens that are of little more use than as a certificate: “I supported company X and all I got was this lousy token!” There are two reasons for Dent to utilize the blockchain.
Ethereum smart contracts are a pre-existing infrastructure for making verified contracts between clients. The Dent company does not have to program a platform for carrier-to-user interaction and secure money transfer because it already exists and is simple to utilize. This allows for a rapid release of the application and its features. In fact, the iOS app is already released and the Android app will release in Q1 2018.
In parts of the world where the government cannot be trusted with fiat money transfers, cryptocurrencies are breaking through in everyday life. A customer can feel safer to purchase mobile data via the Dent application than to give their payment information to a shady mobile data reseller.
Another example would be mobile prepaid SIM cards bought from the street. They will always have a margin to take off the wealthy, unexpecting tourist. With Dent, the tourist can keep her own mobile number while aboard and not suspect her money to the corrupt system either via cash or credit cards.
If no carriers in a geographical area join Dent, users in that area cannot receive data packages via Dent. For the platform to succeed, it’s vital that new carriers keep joining. Currently, only four carriers are supporting Dent (two in USA and two in Mexico). If more carriers don’t join by Q2 2018 as promised by the roadmap, the investors will be displeased.
Oppressive regulations, hacking or customers losing faith in the blockchain technology can cause customers and carriers to lose interest in Dent.
The team behind Dent is solid. The core team is from Finland, a country with an excellent mobile startup infrastructure and communications technology expertise. This shows in the background skills of the founders. They also have an expert experienced in working with carrier companies, and two people specifically planning for the Asian market. Dent launched a new operations center in Hong Kong in January 2018, which is a good sign for the Asian carrier cooperation.
Compared to other startup altcoins, Dent has a large Reddit, Twitter and Facebook community but only a mediocre Telegram group. The early date of the Dent ICO is a possible explanation for this. A community structure like this signals to a more tech-oriented than a hype-oriented userbase (investing in a promising technology instead of hype). This is a good sign, as it implies less FUD than hype-pumped altcoins.
Let’s have a look at the price chart.
The value of the DENT token, as determined by exchanges, is used as the value of the DENT token in the Dent app. The higher the value of DENT, the fewer tokens users need to pay for their data. When the price of DENT is high, mobile data customers benefit from the increased purchasing power. When the price of DENT is low, investors and mobile data customers want to purchase DENT, increasing the price. This is the mechanism behind the value of DENT.
DENT can be transferred to the Dent app from exchanges and ERC-20 wallets, but not vice versa. This causes the value of DENT to be settled by exchanges first and in-app usage only second.
DENT reached the usual 4x-5x post-ICO pump in early January after the iOS app was released. The price has seen a steady decline since then, as early investors have sold their coins and the core product (mobile data trading) isn’t yet very functional due to the limited amount of carriers available.
DENT is one of the cheapest altcoins out there, with a huge circulating volume of 70bn DENT and price well under 1$. This fact, combined with the solid product idea and an already released product is enough to make a strong and liquid market around DENT. The token is a prime candidate for traders playing the dips and spikes of the price. I don’t think that DENT will crash to zero on its own this year.
As far as DENT price predictions go, it will ultimately depend on the success of the product and advertising. The Android app release is within weeks of the time of this post, which will probably cause a price spike due to the hype. I predict the price will peak just before the app release, and drop afterward unless the team combines the Android app release with new carriers.
News of carriers joining Dent can increase the price temporarily, but the real value of them is increasing the long-term viability of the product and enlarging the userbase. The first Asian carriers joining will be an important milestone for DENT and watching the price after the first Asian data packages become available will be a signal for the late-2018 price for DENT.
A successful Telegram advertising campaign can temporarily cause the price to bubble, especially if it is released during a time when no new carriers are in sight.
As for DENT’s long-term value, it will completely depend on carrier availability and the team meeting the Q3 release for mobile data selling.
Reaching around 0.04$ at least once before Q3 2018, after which it will either grow steadily upon a successful mobile data seller market or grow rapidly due to many carriers joining the system. 2019 prices will completely depend on carrier adoption.
I suggest DENT as a short-term investment. Purchase DENT at under 0.02$ and sell it between 0.04$ and 0.05$ during the Android app launch hype. You should have a chance to buy more on during the lull between the Android app launch and carrier announcements. Watch out for rapid price changes due to many traders trading the coin. Stay calm.
After the carrier news start kicking in, you may raise your purchase level to 0.04$. If you feel that too few traders have joined Dent (no European carriers joining is a bad sign), a decent exit spot is in Q3 2018 just before the mobile data selling is enabled. True long positions will not be realized before 2019, but the price could well reach the 0.1$ to 0.2$ range if enough carriers join.
Myself, I will take the 2x profits from DENT by buying now and selling when the price hits 0.04$. I will restock a long position in the post-Android app launch dip and hold it at least until Q3 2018, possibly into 2019 if I deem the carrier support stable enough.
In the end, DENT is a quite safe short-term investment, and a medium-risk long-term investment (it’s not high risk due to the predicted safe exit point before the seller market release). DENT is a great first token to buy due to its low price and good short-term prospects. If you are looking for a guide on cryptocurrency investment, check out Roope’s Udemy course.
This is my first article on the site. Feel free to leave feedback in the comments section, or ponder one of these questions:
Do you think more carriers will join Dent?
Short-term or long-term?
How will opening the seller market affect the price of DENT?
What countries will benefit the most from Dent?
…Is DENT worth buying or not in the end?
(Disclaimer: The above references an opinion and is for information purposes only. It is not intended to be investment advice.)
Is carVertical a Good Investment? What is carVertical all about? Should I put my money in it now or not?
If you are thinking about any of these questions, you have come to the right place! In this article, I am going to talk about carVertical and give you more insights on their project. This is not a financial advice by any means. I am going to show you the potential of this project but also talk about the risks.
Have a look at my video review of carVertical below:
Name: carVertical
Launched: 2018
Type: Cryptocurrency
Short Review: carVertical is building a car history register on the blockchain. If they succeed, that will have numerous benefits for the automotive industry. It will decrease fraud, help people who work with cars and give security for the buyers. I have invested in carVertical tokens and you can buy it also, for example, on Kucoin exchange.
That being said, I always want to remind that any kind of investing involves risk and you can also lose money. If you are looking for a proven way to make money online, I recommend having a look at this step-by-step training.
carVertical is the world’s first global car history register built on the blockchain. You probably know some basics about the blockchain if you have followed the cryptocurrency world and studied those technologies.
Basically, it’s a ledger/database that can record tons of information. It has several benefits compared to many classical databases. For example, you can build a blockchain in a way that nobody can hack it. Bitcoin has been there for 9 years and nobody has been able to hack it. If somebody could, he would immediately be the richest man in the world. It’s also impossible to fake the data on a blockchain after it’s recorded.
The picture below illustrates the problems that the automotive industry is facing and how carVertical is going to solve them.
Often it’s hard to understand the things in theory so I would like to offer you a few real-life examples how carVertical can improve the automotive industry.
Let’s say that you go to buy a car. The odometer says that the car has driven 50,000 km. You look at the price and the quality. You think in your mind, “Wow, this car is cheap and it has only driven for 50,000 km. I must buy this!”
Then you go and buy the car. Later on, lots of problems appear with the car and you find out that the odometer was fake. In reality, the car had driven already +300,000 km. If the data about the car would have been recorded on a blockchain, it would have been almost impossible to fake.
If and when carVertical succeeds, it will be much harder to get scammed when you are buying cars.
Let’s say that you go to buy another car 2 years after the first situation. You hope you would have a better luck this time. You get some data about the car but it’s hard to confirm whether it’s reliable or not. The seller tells you something but there isn’t a way to confirm it.
Where has the car been before? Is the information that the seller says really reliable? Also, other questions pop into your mind because you remember your former experience with the fake odometer.
If all the information would be recorded on a blockchain, you could check out the information much more easily. The data wouldn’t have been scattered here and there. That’s the vision of carVertical.
There are obviously many problems that carVertical wants to solve but as we know, this project is only at the beginning. They have a promising roadmap and it will be exciting to see how the project moves forward. There may be huge profits for those who bought their tokens early when their platform grows and evolves.
That being said, I also want to discuss the challenges that are along the way when moving to their vision and goals.
This is, of course, a challenge and one of the most important parts of the project. Will they get all the data? How effectively will they be able to gather it?
In my opinion, carVertical has a good and practical plan. During 2018 it’s planning to work on 4 markets/countries in Europe. The team is from Lithuania so they naturally start from Europe. In 2019 their goal is to work 13 markets. Then 23 markets in 2020 and 48 markets in 2022.
They plan the exponential growth with the markets and I think it’s completely possible. When they are successful with one country, it will be easier to replicate the process with the next one. Partners will be open for the cooperation and relationships with carVertical.
carVertical relies on Ethereum because it has been built on top of it. Therefore, carVertical heavily relies on Ethereum and if something dramatic happens with the Ethereum, it will also affect to carVertical.
Many tokens/cryptocurrencies are built on top of the Ethereum platform. It has some benefits but also threats if Ethereum changes a lot. That being said, I believe that Ethereum doesn’t want to make dramatic changes because it would affect its value and relation to the projects that have been built on their platform.
Of course, there are also other challenges along the way but these were just examples. I wanted to point out that carVertical or any other cryptocurrency doesn’t give guaranteed profits along the way.
People who think that they are going to make a guaranteed 10-100x profits, don’t live in the reality. The risk is involved with any kind of investing.
However, I think that carVertical has the potential for 10-100x profits. I just want to point out it’s not guaranteed and you need to remember there are risks as well.
At the moment when I am writing this article the price of one carVertical token is only around 7 cents ($0,07). Just a week ago the price was $0,24 which is 3,5 times more. Now the whole cryptocurrency market cap has been going down and pretty much all cryptocurrencies are cheaper than a few weeks ago.
In my personal opinion, carVertical tokens for just $0,07 is a bargain. I continued writing this article during the next day and it’s now even cheaper because all cryptocurrencies have been going down (because of the news in Asia).
I believe that those who buy carVertical (CV) tokens now can make huge profits over the time course. The whole market cap with CV tokens is less than $26 million. If they succeed in their goal to build a global and a decentralized car history registry on the blockchain, the market cap can make 100x rise. Of course, it will take time because this is a long-term project but it’s certainly possible.
I have invested in carVertical tokens myself. Therefore, you can predict what is my answer to the question above. I think it’s a highly interesting project and they are building something very valuable. If they will succeed, it can revolutionize the automotive industry. It gives more security to buyers, more information to sellers and decreases frauds.
I haven’t even talked about the team which has ~15 members, 12 advisors, and 12 ambassadors. In addition, they have several partners from the automotive industry which will certainly help them to achieve their goals. With such a large team they have a great potential. We are not talking about a one-man-show or something similar. I have followed their CEO for a while and he has a very clear communication and knows what he’s talking about.
The carVertical community is also large which definitely will affect the price in the future. Actually, there was a huge hype around carVertical before their ICO and the price jumped right away. Afterwards, it has gone for a while because of the whole cryptocurrency downslide. When the markets again gain the confidence, we’ll see the rise again and I believe that carVertical will be among the ones that make good profits. Of course, I would love to hear your thoughts about this.
What do you think about carVertical?
Is it worth buying or not?
How Much will the value be in the future?
(Disclaimer: This article is not a financial advice. It only represents my personal opinions and thoughts on carVertical.)
Is Medicalchain a good investment? Are medtokens worth buying? What is Medicalchain at all?
If you are looking for answers to any questions about Medicalchain, you have come to the right place. In my Medicalchain review, I am going to answer your questions and give my honest opinion on this project. Personally, I have invested in their tokens because I believe in the project. Without further ado, let’s take a closer look!
Before you run into the details of the article, I want to give you an opportunity to have a look at my video review of Medicalchain. I explain the main points of the Medicalchain and the reasons why I have invested $5,000 in their ICO. I believe you will find the video helpful and informative but read also the article because there I give even more details.
Name: Medicalchain
Website: www.Medicalchain.com
Launched: Pre-Sale in Late 2017. ICO in 2018.
Type: Cryptocurrency
Short Review: Medicalchain is an ambitious project and it’s planning to solve huge problems. Their goal is to build a blockchain for electronic health records which would obviously have several benefits for the health industry. Patients would have more power over their own health information and doctors could do their work better because they would be better informed as well. Medicalchain team is experienced and large so I believe they have great chances to succeed in their project.
By the way, if you are interested in making more money with cryptocurrencies, you probably would love my brand new cryptocurrency course.
Medicalchain is a company and a project that tries to build a blockchain for electronic health records. At the moment, health records are in different databases and there are many challenges.
If the health records have been recorded on the blockchain, it could solve pretty much all of these problems. It’s possible to lose the data from the blcokchain. It could also give an easier access to the patient for his own information. The doctors in different hospitals and countries could see the information more easily (of course, if the patient wants) and they could give more help to the patient.
In my opinion, the idea is great. It could also hugely minimize the mistakes that doctors are making because of the lack of information. Let me explain more about this severe challenge in the next chapter.
Do you know what is the third most popular cause of death? Take a look at the picture below!
Millions of people worldwide are dying because of a medical error. That’s astounding! One of the most common reasons for a medical error is that a doctor doesn’t have all the information regarding the patient. It may be in other databases that aren’t within his reach or it may have destroyed. These are real challenges that are happening right now.
Another example are people who travel to different place. I travel from a country to another and doctors obviously don’t have an access to the information. I am now young and healthy but what if I would have health problems? Could a lack of information of doctors affect some troubles? Maybe, maybe not. But the fact is that for many people it has affected problems and that’s why Medicalchain aims to solve by creating blockchain-powered health records.
Do you have an access to your own health records and information? Billions of people don’t have such a privilege. In most countries the systems are so under-developed that the doctors’ databases have big shortage. Anyway, even though I am from Finland, I have never read my own health records. I have heard about the projects that are now enabling patients to read their health information. However, I don’t know how the system works because I haven’t used it yet.
Medicalchain is building a system where patients can have an easy access to their own information. This empowers patients and gives them more power. They can also show the information to the doctor or other relevant persons if that’s necessary.
The bottom line here is that the patient would have a power over his own information. This is also one of the main principles of many cryptocurrencies, in general. It gives power to an individual and takes it away from big institutions usually.
There are at least two somehow similar projects that are trying to improve the health industry with the help of blockchain. They are called MediBloc and MediShares. I haven’t (yet) invested in those projects but I have analyzed a little bit how their token prices move.
There has been a tremendous hype around these blockchain-powered health record projects. So many people have seen the potential there and have wanted to put their money in their cryptocurrencies. The price has jumped within a few months 10 times after the ICO (Initial Coin Offering = The first time when you can buy that cryptocurrency).
Medicalchain has just finished their ICO when I am writing this and it’s on the exchanges at the beginning of the February.
If you have analyzed successful cryptocurrency projects, they have made even 100x gains over the time course. If Medicalchain becomes successful, it has lots of room for growth. Investing in Bitcoin or Ethereum won’t make massive gains anymore as investing in smaller cryptocurrencies like Medicalchain. Bitcoin has already done it’s 100x gains and the market cap is now huge.
That’s why I like to search for projects like Medicalchain that are still in their infancy. They have so much potential for making big gains. On the other hand, there are also risks because the projects can also fail over the time course so you need to keep that in mind as well. However, I believe that Medicalchain has a great potential for success because of their experienced team.
If we count the advisors, there are in total 22 members in the Medicalchain team. 6 of them have experience of working for NHS (National Health Service in England). They have a strong background and each team member brings their own expertise. They have doctors, lawyers, IT experts and other professionals.
I think that it’s important that several team members have already worked on NHS because it has given them knowledge from the medical sector. They have also earned medical University degrees which have given them a background to work in the health industry. When you follow their work, you can see that it’s precise and concise (Even though they had some challenges with the ICO. More on this later).
Seeing the communication in the media also shows that they have a strong knowledge and experience of successful marketing. Medicalchain has been able to build a strong hype and a community. They have been closely communicating with their community. The team is answering constantly people’s questions on their Telegram chat and on other channels like Twitter and YouTube.
Now that we have gone through 5 reasons why this Medicalchain has great chances for success and this could be a good investment, I want also to show 2 challenges with the project.
Some people within the blockchain space including Andreas Antonopoulus (one of the most famous “cryptocurrency evangelists” in the world) have criticized the idea of putting health records to the blockchain. He says that the other word for blockchain is just a database in this case. What is the benefit of using the blockchain after all?
Andreas imagines the situation that you have your own health records on a blockchain and you could access them with a private key (=a series of numbers and letters). If somebody else sees or finds out your key, he has immediately the access to all of your data. That’s why there’s a risk of losing privacy when keeping all the information on the blockchain.
Another question is what happens if the patient can’t think very clearly anymore. He can’t say to the doctors whether they could access the data or not. What if he would have forgotten his private key or just can’t think consciously because of the bad health.
In my opinion, these are just challenges that are possible to solve. What do you think? A great thing about the blockchain is that it can’t be hacked when it’s built in the right way. It opens great opportunities and can be enabled in many practical ways including health records or even building an educational online platform.
+130,000 people were registered for the Medicalchain ICO. A huge number of people showed interested towards this project. The ICO started 1.2.2018 at 10 UTC. The idea was that first people needed to submit their KYC-documents (A proof of identity and a proof of residence). Then the people who had were able to submit their documents fastest could buy their tokens in the ICO.
In 2 minutes more than 40,000 people had submitted their documents and were waiting for the approval. We needed to wait for hours for the information and only 1,700 people were able to buy tokens during the ICO because the hard cap was reached so quickly. I was one of the lucky ones and I was able to buy Medicalchain tokens for $5,000. However, many people were obviously frustrated that they couldn’t buy them but needed to wait for the information for several hours during the ICO day.
Medicalchain received lots of criticism about this and many people said it was an unprofessional ICO. The Medicalchain team admitted their mistake and said that their communication wasn’t perfect. They promised to learn from it and move forward stronger.
I must admit that ICO wasn’t smooth at all but everyone does mistakes and I believe that the team has learned their lesson. They will inform the community better in the future. 9 team members were answering people’s questions after the ICO and they really wanted to provide the best help. If they would be ignorant, they could have just taken money from the people and not respond anything. In my opinion, it shows great signs from the team that they were able to receive the feedback well.
As I mentioned above, I invested in Medicalchain tokens around $5,000 during their ICO stage. It was the maximum amount that people were able to buy during the ICO. Therefore, you can probably guess my answer to the question above. 😉
First of all, I think that blockchain-powered health records can solve huge problems within the health industry. They can give more freedom and empower the patient. In addition, it gives an easier access to doctors and all health professionals to the data. Therefore, it would reduce wrong medical actions and improve the care.
Second, all of us can see an enormous hype that is around these blockchain-powered health record systems at the moment. Prices of other health-related tokens have been skyrocketing. Also, Medicalchain ICO was one of the fastest ICOs in the cryptocurrency history. There is a strong interest in this project and I think it will drive the price up naturally. 10x gains within a short period of time wouldn’t be surprising at all.
Of course, all of this is just my analysis and not an official financial advice. You must take the responsibility for your own investment and I just share my own thoughts. If you want to learn some of my strategies for finding the best and most profitable cryptocurrencies, I recommend taking a look at my highly popular cryptocurrency course here. I offer it for a discounted price for my website visitors and followers on the social media. For other people, it’s more expensive so you are in a good position.
On the other hand, if you prefer less risky ways for earning money online, I recommend taking a look at this step-by-step training.
What do you think about Medicalchain?
Is it worth buying or not?
How much will the value be in the future?
Are you looking for an honest Sharpay review? Looking for answers to questions like, “What is Sharpay? Is Sharpay a good investment? Is Sharpay a good project?”
If you answered yes to any of those questions, you have come to the right place. I have researched pretty much everything I could possibly find about Sharpay and in this article, I am going to share my knowledge with you.
Before you run into my full and detailed Sharpay review, I want to offer you an opportunity to have a look at my Sharpay video review. In the video, I also show how you can buy Sharpay tokens during their pre-sale and ICO (from 10:18->). I believe you will find the video informative and helpful.
Name: Sharpay
Launch: Pre-Sale: Dec. 11, 2017 to Feb. 11, 2018. ICO Starts March 1, 2018.
Type: Cryptocurrency Token. Social Media Sharing Button.
Website: www.Sharpay.com
Short Review: Sharpay has found a good market gap and it’s going to fill it. They are going to provide social media buttons where website visitors can earn money by sharing content on social media. As a website owner, I know that there is a huge demand for this kind of product and I would be more than happy to use it myself.
I have invested money in Sharpay pre-sale and received a 50% bonus. My prediction is that people who invest during the pre-sale and the ICO will make nice profits when the Sharpay token comes to exchanges.
Sharpay will be a social media sharing button that will enable website visitors to earn money for sharing websites and posts on social media. Let’s say, for example, that you would like to share this post that you are reading at the moment.
You could click the Sharpay button and earn money by sharing this with your friends. You wouldn’t even need to get any clicks from your friends because the sharing itself would give you the rewards.
There are more than 1 billion websites in the world and at the moment only around 3% of them are using social media sharing buttons (see the picture below):
However, the market for social media sharing buttons is constantly growing. It’s estimated to be around $50 billion by 2019 and will keep on growing after that. That being said, the market is still very open for new players. As you can see in the picture above, AddThis is at the moment dominating the market. It’s used on 70% of the websites that use social media sharing buttons.
The market has lots of space and there is definitely a gap for new players. In addition, Sharpay will the first blockchain-powered social media button ever created.
In my opinion, the idea of Sharpay is awesome. It’s creating a product where everybody can win.
As you know, I am running a few websites. I know from my own experience that building and growing websites takes time and effort. One of the main things that help websites to grow is when people share your content on their own websites and on social media.
Sharing gives your website more authority on Google, more visitors from search engines and also from social media. More traffic => more revenue.
I would be happy to reward my visitors for sharing my posts. Of course, I hope that you share my content anyway for people who could benefit from it but I wouldn’t mind paying you some rewards for that.
Therefore, Sharpay button would give me (and all website owners) a great way to reward their visitors for sharing their content.
As you probably know, I have reviewed more than 400 make money online opportunities on YourOnlineRevenue.com. Many of those opportunities pay only very little rewards for accomplishing tasks. On some sites, you can make even $10,000/month online and more but some sites pay less than $5 per hour.
Even though some websites pay less than $5 per hour, they may still be extremely popular. For example, sites like PrizeRebel and many other similar sites have even tens of millions of users even though they are paying extremely little money to their users.
That proves a point that even a small money can motivate people to do things. There would be millions of people who would like to share content from different websites to earn rewards.
I am not a big fan of low paying websites but I would like to earn money for sharing helpful content on social media. I am already sharing many videos and articles with my friends that I think would be valuable for them. If I would earn money for sharing that content, that would be just an extra benefit.
When people start using Sharpay more and more, the price of a token naturally goes up. There is only a limited supply of tokens so the price will grow if the demand grows.
In the other words, your tokens will make money by investing in Sharpay tokens if Sharpay button becomes more popular.
Sharpay is a new project and at the moment they are in the pre-sale stage. You can now buy Sharpay tokens here and you will get incredible bonuses if you invest early. This is typical to all ICOs with cryptocurrencies. The team who runs the project want to motivate people to invest in the project so they give additional bonuses for those who invest early. The picture below illustrates the Sharpay bonuses:
The Sharpay Presale will last until 11th of February 2018. A maximum number of issued tokens is 80 million. If you invest before 11th of February you will get 50% bonus on your investment (and an extra 5% if you invest more than 10 ETH).
Let’s say that you buy, for example, 100,000 Sharpay tokens (=worth 3 ETH). You will get a 50% bonus which means that you’ll receive 150,000 Sharpay tokens in total.
Then their ICO (Initial Coin Offering) starts 1st of March 2018. They offer 40%, 30% and 20% bonuses for people who invest early during their ICO. Those who participate during the end of the ICO will not get any bonuses.
I bought Sharpay tokens during their pre-sale so I received a 50% bonus. You can use your Sharpay tokens right away when they will be listed on exchanges.
I have studied cryptocurrency ICOs very intensively and I have noticed a few common themes there. Probably the most exciting fact is that ICO-prices are usually very cheap compared to the prices that their prices afterward.
For example, I took a look at around 15 ICOs from December 2017 and January 2018. There was only 1 or 2 ICOs that were trading for a smaller price now than during their ICO. Most of them were trading for a much bigger price. Some of them had made even 10x profits or more for initial investors.
There are several reasons why ICO prices tend to be smaller than prices later on
Very few people find potential ICOs. Everybody knows about Bitcoin, Ethereum and the other big ones but how many of your friends know about Sharpay? Early investors of Bitcoin and Ethereum have made a huge money because now the masses know about them.
Of course, Sharpay is a different innovation than Bitcoin and Ethereum but there are still hundreds of similar examples that have made big profits for early investors. For example, when BitDegree hit exchanges, the ICO investors made immediately 7x profits. If you invested, for example, $10,000 on BitDegree during the ICO, you would have made $60,000 in a month or so. Not bad, huh? 😉
Therefore, my prediction is that those who invest on Sharpay during their pre-sale and ICO will make big profits.
When researching new cryptocurrency projects, it’s always important to have a look at their teams. It will have the biggest impact on the success of the project.
Sharpay team consists of 12 members and 3 advisers. In the picture below you can have a look at the leaders:
I took a look at all of their LinkedIn profiles, searched for the additional information on Google and based on my research, they have great chances for success. They aren’t some guys who just graduated from the University and are trying their first businesses. They have a long experience of building and running various businesses. That gives a great foundation for this project as well.
In their advisers, they have, for example, Ken Huang who is a well-known blockchain expert and has a long expert of the tech industry. He has worked in leading positions in the tech companies like Huawei and CGI.
Sharpay has received impressively positive reviews on several ICO review sites. You can see in the picture on the right-side that, for example, ICO Bench has given them 4,7 stars out of 5 which means that it’s one of the highest rated ICOs on their websites.
Also, other websites like German Krypto Vergleich and Track ICO have given it awesome ratings. You can see in the picture that Krypto Vergleich gave it 4,3 stars out of 5 and Track ICO gave them 4,4 stars out of 5.
These extremely positive reviews mean also that more and more people will be interested in this project. It brings more hype which brings more money to the pool. Early investors will have a great position with their bonus tokens.
In my YouTube-video, I show the easy and simple step-by-step process for buying Sharpay tokens on their website. The video below starts from 10:18 where I show the purchasing process.
You can contact Sharpay team directly on Telegram or by email. You will find the link to their Telegram support chat on their official homepage and their email address is support@sharpay.io.
I have contacted Sharpay support through Telegram and through email because I wanted to ask a few questions and I got answers to all of my questions pretty quickly. That’s, of course, a good sign. In addition, they have a public Telegram group where the team gives announcements and news about their project.
I have invested in Sharpay myself and I believe it has a great potential. I can honestly recommend it to my friends and anyone who is interested in earning money. Of course, I can’t guarantee profits but I am personally pretty convinced that those invest in the ICO-stage will earn quite a good money.
In this article, I have explained several reasons why I believe that this project has a great potential. When I researched this project, I was thinking, “Wow, these guys have really found a good market gap!”
In addition, the team has all the potential to make this project succeed and thrive. I am excited to follow their progress during the following months and years.
What do you think about Sharpay?
How much will the value be in the future?
(Disclaimer: This article is not an investment advice. It only represents my own personal opinions of Sharpay. I hope that you take this as an informative content because you have always the responsibility for your own financial decisions.)
Are you interested in making money with cryptocurrencies? I have recently launched the course called, “Make Money with Cryptocurrencies in 2018! – A Solid Strategy. Within the first day after the launch, more than 1,000 have enrolled for this course.
I wanted to provide you also an opportunity to learn to make money with cryptocurrencies like I have done during the last 3 years.
In the course you will learn:
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In the video below you will get a glimpse of the course. I will show the preview video at the end of this clip.
I want to remind and underline the wisdom that the most successful investor in the world has said,
“The more you learn, the more you earn.” -Warren Buffett
Even one powerful idea from this course can be worth $1,000’s, $10,000’s or even $100,000’s over the time course if you keep on investing in cryptocurrencies. I know it from my own experience. I have bought many courses on Udemy about investing and they have paid themselves already several times. I paid already $10 for some course and it made me thousands of dollars within a short period of time.
I believe that we will see the mass adoption of the cryptocurrencies during the coming years. It won’t happen overnight but little by little more people are coming to understand how they work. I haven’t met anyone who hasn’t invested in cryptocurrencies once they realized how awesome the technology is. It gives so many benefits for everyday users.
I am not talking only about the financial gains (that are incredible, of course!) but also the technological benefits. Cryptocurrencies are like the Internet 20-30 years ago. Only a very small amount of people know about the Internet and they were called weirdos. “Old-school” people said that it’s never going to become bigger. All of us can today see what happened.
After all, people realized the benefits and the mass adoption has happened. The same will also happen with the cryptocurrencies over the time course. First years have just been a beginning.
You haven’t missed the boat. If you invest now, you are still an early investor!
I believe that those who start making money with cryptocurrencies in 2018 are going to make huge profits over the time course. Of course, some people may lose money as I explain in the course but if you follow my principles, you have the knowledge to make money with a solid strategy.
There is a huge potential for profits at the moment. Of course, the risk is involved and if you don’t like the risk, you can take a look at this proven way to make money online. But I don’t mind having the risk if it’s everything calculated beforehand.
Here are 3 examples of big profits that you could have made recently with cryptocurrencies:
Those who invested in the BitDegree ICO, made 7x profits immediately when it hit the exchange. That’s not unusual in the world of cryptocurrencies. I have seen ICOs that have made even 10x profits when the coins have come to exchanges.
In my Bankera ICO review, I give these two examples. Take a look at the charts below:
Bankera has an ICO at the moment and I believe it has potential for similar gains like Binance and Kucoin because it’s very similar to those two companies. Actually, Bankera may have potential for even bigger gains. The time will show but the truth is that there are opportunities for incredible gains with cryptocurrencies.
I invested in Ripple when it was around $0,20 and then it jumped all the way up to $3. Those are 15x gains. These are only a few examples and I see this kind of things happening all the time in the world of cryptocurrencies!
Have you experienced similar gains also? Would you like to experience them? Then grab my cryptocurrency course for just $10. 😉
If you have any questions about the course or about making money with cryptocurrencies, in general, don’t hesitate to leave them below and I’ll be more than happy to help you out.
Have you already invested in cryptocurrencies? Which ones are your favorites? Why?
Recently one of my closest friends who has been intensively studying cryptocurrencies recommended Bankera ICO to me. I promised to take a closer look because I know that he’s a tech-savvy, intelligent and can spot great opportunities in the cryptocurrency world.
I ended up investing already a significant money in their ICO so far and I may invest even more in the future. In this Bankera ICO review, I am going to share the reasons why I have invested in this ICO and why I see a great potential in their project. This is not an investment advice but I genuinely think that Bankera is a great project for several reasons.
I want to offer you an opportunity to have a look at my video video review of Banera ICO as well. I believe you are going to enjoy and find it extremely helpful. As always, I’m open for any questions and comments and I will be more than happy to interact with you!
Name: Bankera
Launched: ICO Started in Late 2017
Where Can You Buy Bankera: www.SpectroCoin.com
Type: Cryptocurrency Bank and Exchange Services.
Short Review: Bankera is a highly interesting project. They have a really ambitious and a big goal to build a cryptocurrency bank. If they succeed with their goal, this is going to be a big thing and early investors are going to make huge profits.
I invested around in Bankera ICO because I believe in the potential of this project and I’m excited to see what happens. But as always, there is a risk involved with all kind of investing. If you prefer more proven ways to earn money online, I recommend taking a look at this step-by-step online business training.
The vision of Bankera is to build a bank for the blockchain era. Their goal is to eventually to become a one-stop store for financial services like “normal banks” are now. I know that many people in the cryptocurrency world don’t like banks (for a good reason) but Bankera is still quite different from traditional bricks and mortar banks.
First of all, in how many brick and mortar banks can you currently store crypto- and fiat-currencies? I am originally from Finland and I am closely following their news. Recently the biggest bank in Finland, Nordea, prohibited their employees from buying or storing Bitcoins at all. They said that employees are allowed to use them but highly advised not to be involved at all.
In our current financial system, people don’t have many choices. If you want to have fiat currencies you either need to hold them in the bank or in cash. As we all know, having piles of cash isn’t usually very practical nor wise pretty much the only alternative is to keep them in the bank. But what happens if the banks go bankrupt like they have done in many countries during the history.
A few years ago Greece, a country belongs to EU and developed Western countries, experienced many financial difficulties. Guess what happened to people’s money who had their money in the bank? Gone! And the same has happened recently also in Venezuela, Argentina, Brazil, Zimbabwe and in numerous other countries.
Imagine that you would have held hundreds of thousands of euros or even millions in your bank account. You would have thought that you were financially independent. Then after some time, all your hard-earned money would have been gone.
Now with cryptocurrencies, you don’t need to hold your money in the bank if you don’t want. That being said, I think it’s a great thing that there is an opportunity to do that because many people still like to hold their money in the bank. Now you have two options: you can hold your cryptocurrencies in your private wallet or in a crypto bank.
Cryptocurrencies have a strong network effect. The more people talk about them, the more people get involved and start using them. I want to see the day when I can pay with cryptocurrencies anywhere I go in the world.
During the last 6 months, I have traveled in Finland, Germany, Austria, Macedonia, Bulgaria, and Turkey. I have needed to have 4 different currencies in those countries. I always need to pay a fee when I exchange currency to another or if I get something other than euros from the ATM. If I could pay with cryptocurrencies, I wouldn’t need to pay fees or use time with getting cash. That’s only a little example from my life. But imagine that the same thing happens for millions and even billions of people all the time when they travel.
This is, of course, just one of numerous benefits of cryptocurrencies. I am not going into other details in this article because our main subject is Bankera but I just want to mention that there have been numerous situations in my life where cryptocurrencies would have been extremely beneficial. For example, once I needed to send money to my friend in the Philippines. It took several days that she received the money and we needed to pay 20€ fees. With cryptocurrencies, the transaction would have been instant and almost free.
I think it’s crucial that we get more and more services around cryptocurrencies so we will see mass adaption in the future.
One of the greatest benefits of Bankera is that they don’t need to start from the scratch. Bankera’s founders already own and operate Spectrocoin which is a successful crypto exchange, debit card provider, payment processor, and e-wallet.
Bankera will create an operational fork to SpectroCoin. Bankera will provide efficient banking and payment solutions while SpectroCoin remains a leader in providing exchange and wallet services for cryptocurrencies. The picture below illustrates this fork.
In the other words, Bankera already has a strong foundation where they are going to build this new system. This certainly increases the chances of success for their project. The founders have shown that they are able to build something big.
SpectroCoin has already more than 700,000 clients and +4,000 registrations every day. They have issued +65,000 SpetroCoin cards and they have a team of more than 70 people. Those are impressive numbers. Their website is clean and professional. You can have a closer look at it by clicking the picture below:
You can find out on Bankera’s official website that they have already a huge team. A big team is certainly required if they really want to build a cryptocurrency bank. First, they show pictures of 8 main team members and mention that they have in addition +40 members including IT workers, customer support, human resources, quality assurance, finance and so on. In the picture below you can have a look at their leaders.
Bankera doesn’t only have an impressive team but their advisors are also extremely experienced. On their homepage, they have listed 11 advisors that include a few real superstars. Let me show you:
Do you see the first guy there? Lon Wong. He is the president of NEM.io Foundation and the CEO of Dragonfly Fintech. He is a very significant person in his team. They haven’t only thrown his face there just for fun but his Twitter feed has shown that this guy is really cooperating with Bankera. Bankera’s success would also mean more success for him and NEM. The market cap of NEM has been recently over $17 billion even though it has gone down a little bit after its peak.
Then they have two Members of European Parliament, Antanas Guoga, and Eva Kaili. Antanas Guoga has become famous in the past as a strong poker player. His nickname is TonyG and many people know him already worldwide. You can have a closer look at other advisors on Bankera.com. There are many highly experienced serial entrepreneurs.
With this kind of team and advisors, Bankera has good chances to reach their goal of establishing a successful bank in the blockchain era.
I am writing this paragraph 27.1.2017 and Bankera has raised already +$107 million during their ICO. It ranks easily to the top 10 of the biggest ICOs in the history. Their hard cap is $208,500,000 and if they reach that amount, the ICO ends immediately. If they haven’t reached the hard cap before the end of February, the ICO ends then anyway. So you have a bit over a month time to get involved.
Most cryptocurrencies are sold with a discount during the ICO stage and their value will be much more in the future. If you would have bought Cardano, IOTA, EOS or many other coins during their ICO-stages, you would be a millionaire today. In my opinion, Bankera has a potential for growth in the long term if everything works well.
Let me show you the email that I received for holding Bankera tokens:
It’s a weekly announcement that I have received a share of their revenue because of holding their tokens. Every week they share 20% of their net revenue to token holders. During the last week they made 327,725.66 EUR net revenue and they shared 65,545.13 EUR or 80.588 ETH in total to token holders. The more tokens you had, the more dividends you earned. This happens every week.
So, you can earn from Bankera by two different ways: 1) Capital gains when the market price of Bankera token goes up and 2) Weekly dividends from SpetcroCoin revenue. They pay dividends every week in cryptocurrencies: Ethereum or NEM. I received them as Ethereum. This is another great source of passive income. The earnings can and will add up pretty well if SpectroCoin and Bankera keep on growing in the future.
Binance is the second biggest crypto exchange in the world by volume. Kucoin is also one of the biggest ones and it’s certainly one of the fastest growing exchanges.
Both of them have a similar cryptocurrency compared to Bankera token. For example, for holding Kucoin Shares, you get daily dividends of their transaction fees. Just by holding Kucoin Shares you get some passive income.
The market price of one Kucoin Shares was less than $1 from late October 2017 until the end of December 2017. It was issued in October. Then the price literally jumped and it was more than $20 per coin for a while. If you would have invested for Kucoin Shares in October or November, you would have made +30 times profits. If you would have put $1,000 you would have made more than $30,000 in 2 short months just by holding this one token.
The same happened with Binance Coin. The growth was actually even more powerful. In August 2017 the price of one Binance Coin was less only around 10 cents (=$0,10). Now in January 2018, the price of one Binance coin was over $20 for a while. If you would have invested in Binance early, you would have made more than 200 times profits. With a $5,000 investment, you would be a millionaire today.
The similar growth is completely possible with Bankera as well. In my opinion, that’s a good reason to invest in Bankera.
Based on these 7 reasons I believe that big gains are possible with Bankera and I find it a worthwhile project.
It will be extremely exciting to follow the progress of Bankera. You can see a part of their roadmap in the picture below:
I believe that big gains are possible and that’s why I have invested in this ICO. But as always, I want to remind that there is a risk with any kind of investing. You may win money but you may also lose money. So you are the responsible for all your own investments. If you think that Bankera ICO is worth investing, you can get involved by clicking the link below.
What do you think about Bankera?
Have you already invested in their ICO?
How much will the value be in the future?
If you are looking for an honest BitDegree review, you have come to the right place. As always, our goal on YourOnlineRevenue.com is to provide the best and most accurate reviews in the world of cryptocurrencies and online businesses.
Before you run into the article, I want to offer you an opportunity to have a look at my BitDegree video review. I am sure you will find this extremely informative and helpful. As Always, I am available for any questions and comments because I would love to hear from you.
Personally, I am extremely excited about the BitDegree project for several reasons. I love the education and I’m also excited about cryptocurrencies and new technologies. This article is not a financial advice but it represents my researches and opinions on this project. I am not sponsored by BitDegree in any way but I have invested in BDG tokens.
Without further ado, let’s have a closer look at BitDegree!
Name: BitDegree
Launched: ICO was in late 2017. Cryptocurrency reached exchanges in January 2018.
Type: Cryptocurrency. Educational Platform.
Short Review: There are several reasons why I see a great potential with BitDegree. It’s part of the rapidly growing market and it certainly has the potential to become one of the leaders within a few years.
That being said, investing always involves risks because anything can happen along the way. If you are interested in a proven way to make money online, take a look at this step-by-step training.
BitDegree is the world’s first blockchain-powered educational platform. That sounds awesome and great but what does it actually mean? Have ever heard of online education platforms like Udemy, Coursera, Codecademy or Edx? BitDegree tries to become an upgraded version compared to those educational platforms.
The goal of BitDegree is to provide the best online courses with a blockchain based reward system. In the other words, students will be able to learn amazing skills on BitDegree and earn at the same time. Before we run into the other details, I would like to show you the YouTube video where the BitDegree CEO Andrius Putna explains their goal and shows how their team works:
I have bought many courses on Udemy and I have recently created my own course where I teach how you can make money with cryptocurrencies in 2018. I have also reviewed Coursera online learning platform and you can check out my review on my other blog here.
However, there are a few things that could be improved from Coursera and Udemy. If I would like to pay for courses with cryptocurrencies on Udemy, that’s not possible yet. I can’t either receive my instructor salary as cryptocurrencies. I want to see a world where we can freely pay for services with cryptocurrencies but that’s not yet possible on Udemy. That’s where BitDegree comes into play. You can pay for courses by using cryptocurrencies!
That’s only of the improvements. One of the leaders of BitDegree worked before on Coursera and he realized one common challenge. Students start a new course but they don’t have enough motivation to finish it. BitDegree tries to solve this challenge by offering rewards for students who finish their courses.
This has various benefits:
These were only a few benefits of BitDegree platform compared to older platforms. You can see more in the picture below or by reading their full white paper here.
One of the most exciting benefits of BitDegree is that they are going to use gamification on their platform.
One of the greatest benefits of BitDegree is their large team. They have around 30 members of their team and some of them are real “superstars” in the industry. Let me show who are their leaders:
The biggest name in their team is certainly Jeff Burton. He has tens of years of experience in the Silicon Valley and he has mentored numerous tech startups. In addition, he is the co-founder of EA (Electronic Arts) which is one of the biggest game companies in the world with the market cap of over 35 billion.
Roberto Santana has been a senior manager at Coursera that provides a pretty similar service like BitDegree. He brings a huge knowledge and know-how from his past workplace. I have listened to his interview where he explains that he already has a few things in mind that they can do better than Coursera.
Andrius Putna is the CEO and the main leader of the company. He is a “talking head” on their YouTube channel and you can quickly see that his communication is clear easy-to-understand. Andrius is a man behind 000Webhost’s success. That company has tens of thousands of clients and user they have received an average rating 4,9 stars out of 5 based on more than 2,200 reviews. That’s impressive!
The most of their team members are from Lithuania like their CEO. Based on my researches there are surprisingly many blockchain-based projects from Lithuania. Probably the country is very positive with these new innovations.
There will be 660 million BDG (BitDegree) tokens in circulation in total. The picture below shows how they are distributed.
51% of the tokens were sold for the public during the ICO. The price of each token was $0,05-0,07 during the ICO stage so they received over $20 million to increase the value of the project and to improve their platform. The picture below shows how the team will allocate the budget.
In the future, you will be able to use BDG tokens on their educational platform. Of course, you can also sell them to other people for a higher price if you want to take out your profits. BitDegree is built on the Ethereum platform.
One great thing that you can see from the upper chart is that the team will get their tokens only after 720 days from the beginning. It means that they are incentivized to work hard and build the platform. Then their get their “salary” in the form of tokens. Their advisors and partners get tokens after 160 days and the foundation after 360 days.
I like investing my time and money in the industries that are rapidly growing. I was before working as a taxi driver and after that as a transport manager in the logistics company. However, there is a great possibility that in the future machines replaces many workplaces in those industries. At the moment I am working as an affiliate marketer and as you may know, the yearly revenue of affiliate marketing is exponentially growing.
The same applies to the online education which is the industry of BitDegree. You can see in the picture below how rapidly the number of online courses has been growing over the years.
Already in 2016 people were using more than $46 billion for self-based e-learning products and services. That’s a huge amount and it’s growing all the time. I am constantly educating myself online and paying for different services.
It’s funny that I have a Bachelor degree in social services from the University of applied sciences but I don’t do anything with it because I work online. I learned the skills through, for example, this step-by-step training that taught me to make money online.
I believe it’s the future and it’s happening to many other people as well. University teachings are getting outdated and thousands of people worldwide are getting educated through the Internet. I know personally tens of people who make their living online even though they don’t have any formal education for that.
A good thing to notice is that BitDegree doesn’t need to build their business from the scratch. Their CEO Andrius Putna is a man behind 000WebHost that has been highly successful over the years. They have more than 29 million tech-savvy users already.
The BitDegree platform has already launched some courses that you can go through yourself. In the other words, they have already taken several steps to success. They aren’t only talking about the idea that they are going to create in the future because they have already created something tangible.
BitDegree has a very active community of several social media channels. Let me just point out a few statistics:
In addition, they have a YouTube channel and active discussion on Reddit. An active community is one of the most deciding factors when we are talking about the market price and changes in the short term. It has also a big impact on the long term. More people get interested in the project which brings more money in and opens also more opportunities.
At the moment you can buy BitDegree on IDEX and on EtherDelta. My friend Markus Hyytinen wrote recently a guide that shows how you can buy BDG tokens on EtherDelta with Metamask wallet.
The BitDegree team is also actively negotiating with exchanges and it most likely will soon be listed to some of them. For investors, it’s a positive thing that BDG is not yet listed in the major exchanges. Usually, when a new coin gets listed on the exchange, the price jumps up because more people can buy it more easily.
Based on these 7 (and a few other) reasons I have invested in BitDegree:
I am not a trader but I am interested in investing in projects that have a long-term value. Therefore, I am not too interested in the changes of the market price on the daily basis. I bought BitDegree when one token cost over $0,30 and if the project succeeds, one token can easily be worth many dollars.
Even though they have already a platform and a ready customer base we are still in the early stages of this project which means that anything can happen. Investing involves always risks but in my opinion, the expected value is positive with BitDegree. I would love to hear your opinions in the comments below.
If you are interested in proven ways to earn money online, I recommend taking a look at the step-by-step online business training by clicking the picture below. Your financial risks are probably smaller if you are building an online business rather than investing in the cryptocurrencies. However, I am doing them both because I believe it’s good to have numerous income streams so your all eggs aren’t in one basket.
What do you think about BitDegree?
Is it worth buying or not?
How much will the value be in the future?