I did. I used selfies holding my license.
Official BGOL Crypto Currency Thread ★★★★★
- Thread starter Matt Beesy
- Start date
I did. I used selfies holding my license.
Yeah and you need to do the self with your id and the written message, date, signature too.. well at least I had to.
dont forget the crip walk
I did all that without the cripwalk. It keeps saying my proof of residencey pic is either too small or too big. I used an iphone and emailed it to myself.
ICOs Going Mainstream? Chat App Kik to Launch Token Sale
May 25, 2017 by Jonathan Keane
Messaging service Kik has revealed plans to launch its own cryptocurrency and ultimately create a new ecosystem for digital services.
The new digital token, called Kin, will be launched on the ethereum blockchain, the second largest cryptocurrency by market cap. Today, the company released a white paper outlining its strategy for Kin, how it will be integrated into the app and how it hopes to create a wider ecosystem for buying and selling digital services.
The Canada-based company, which has raised over $120m in VC funding, said the cryptocurrency will "combat the monopolization" of digital services where a large companies exert more and more control over digital services.
"These companies are the only ones with enough scale to effectively monetize through advertising," said Ted Livingston, CEO of Kik, arguing this makes it difficult for independent developers to monetize their services.
He told CoinDesk:
"We think this is leading to a future for consumers and for society that has less choice, less innovation and ultimately less freedom."
Some of the inspiration for the new token stems from Kik Points, a rewards system for users to access certain features inside the messaging app, but, Livingston said, the firm has been looking at the idea of a cryptocurrency since 2011.
Growing an ecosystem
Kik has now outlined multiple steps it will take for the creation of Kin and its ecosystem.
It will launch a token sale for the first Kin later in the summer and begin integrating the cryptocurrency into the Kik app where users buy and sell features and services like stickers, the use of bots and group chat hosting.
"It will also give Kin value on the public exchanges," the CEO said. His company ultimately wants to spread Kin beyond its own app and create a decentralized ecosystem, using Kin, for all digital services.
To support these aims, the company will establish an independent non-profit called the Kin Foundation later this year or early next year. The organization will oversee the fair and open growth of the ecosystem, and further manage the Kin Rewards Engine, a financial incentive program to encourage uptake of the cryptocurrency and foster the ecosystem’s growth.
Livingston explained:
"Every day, a certain amount of Kin will be given out to all the owners of the digital services proportional to the number of transactions that they drive in their particular digital service relative to the overall ecosystem."
A game developer, for example, could transact with its players using Kin, and get a payment from the rewards engine. This will create more reason to continue accepting and transacting with the token.
"Let's say you're creating 10% of all the transactions in the Kin ecosystem, you would get 10% of this daily reward,” Livingston said.
The foundation will also serve as an ID service, he added, likening it to a "decentralized Facebook Connect" that allows Kin users to move around the ecosystem:
“As a user when I show up to a new digital service, I start using Kin right away in a frictionless yet secure way.”
Kik has 15 million monthly active users and with this userbase, the company claims that Kin can become the “most adopted cryptocurrency in the world".
May 25, 2017 by Jonathan Keane
Messaging service Kik has revealed plans to launch its own cryptocurrency and ultimately create a new ecosystem for digital services.
The new digital token, called Kin, will be launched on the ethereum blockchain, the second largest cryptocurrency by market cap. Today, the company released a white paper outlining its strategy for Kin, how it will be integrated into the app and how it hopes to create a wider ecosystem for buying and selling digital services.
The Canada-based company, which has raised over $120m in VC funding, said the cryptocurrency will "combat the monopolization" of digital services where a large companies exert more and more control over digital services.
"These companies are the only ones with enough scale to effectively monetize through advertising," said Ted Livingston, CEO of Kik, arguing this makes it difficult for independent developers to monetize their services.
He told CoinDesk:
"We think this is leading to a future for consumers and for society that has less choice, less innovation and ultimately less freedom."
Some of the inspiration for the new token stems from Kik Points, a rewards system for users to access certain features inside the messaging app, but, Livingston said, the firm has been looking at the idea of a cryptocurrency since 2011.
Growing an ecosystem
Kik has now outlined multiple steps it will take for the creation of Kin and its ecosystem.
It will launch a token sale for the first Kin later in the summer and begin integrating the cryptocurrency into the Kik app where users buy and sell features and services like stickers, the use of bots and group chat hosting.
"It will also give Kin value on the public exchanges," the CEO said. His company ultimately wants to spread Kin beyond its own app and create a decentralized ecosystem, using Kin, for all digital services.
To support these aims, the company will establish an independent non-profit called the Kin Foundation later this year or early next year. The organization will oversee the fair and open growth of the ecosystem, and further manage the Kin Rewards Engine, a financial incentive program to encourage uptake of the cryptocurrency and foster the ecosystem’s growth.
Livingston explained:
"Every day, a certain amount of Kin will be given out to all the owners of the digital services proportional to the number of transactions that they drive in their particular digital service relative to the overall ecosystem."
A game developer, for example, could transact with its players using Kin, and get a payment from the rewards engine. This will create more reason to continue accepting and transacting with the token.
"Let's say you're creating 10% of all the transactions in the Kin ecosystem, you would get 10% of this daily reward,” Livingston said.
The foundation will also serve as an ID service, he added, likening it to a "decentralized Facebook Connect" that allows Kin users to move around the ecosystem:
“As a user when I show up to a new digital service, I start using Kin right away in a frictionless yet secure way.”
Kik has 15 million monthly active users and with this userbase, the company claims that Kin can become the “most adopted cryptocurrency in the world".
shit at 0.01 cents I need to buy $1000 asap
DGB is projected to hit $1-$3 dollars, correct?
As a Max?!
I'm asking. I thought I read that before.
Do I need a destination tag? I have a Ripple wallet. Did it come with a destination tag? If not how do I get one?
What's @ $ 0.01? DGB?
It has a destination tag.
I've got a coin idea, the use and the platform if you're being serious. We get a team together we could crush all of these alt-coinswe'll see kik.....
damn its the wild wild west out here.... not too late for bgol coin...
Yes.
how do I find it or where is it?
if interested in BAT ICO, this is a good video with a solid pro argument for BAT, as well as a solid negative argument...
are you using rippex? if clearly shows you an option to use a destination tag. if not using rippex, idk.
You don't need one
I haven't seen any predictions like that
I dont know if it was posted, but what do you think
of the Monaco visa card
I personally feel some type a way about it... I think it defeats the purpose of a cyrpto coin but thats just me...
After 12 months in stealth development, Monaco Technology GMBH unveiled it’s revolutionary
Monaco VISA® Card and App today. Besides traditional funding sources, Monaco can be funded with Bitcoin, Ethereum and other ERC20 tokens.
Monaco allows users to spend and send money globally at perfect interbank exchange rates, saving EUR30-40 on every EUR500 equivalent spent. Monaco Card will work on the VISA® network, giving it world-wide acceptance.
Kris Marszalek, Founder of Monaco Technology, commented: “The team worked incredibly hard over the last year to bring the Monaco VISA® Card & App to the market. It’s a beautifully simple product that allows users to avoid all the bank charges and currency exchanges impose on them. We believe that every single person who holds Ether or Bitcoin needs one. It brings amazing value, transparency and peace of mind. You’ll never have to worry about exchange rates again, always getting the best deal physically possible. It’s an incredible feeling!”
Other features of the Monaco App include:
Advertisement:
Commenting on the ICO, Mr. Marszalek said: “In an industry that has a reputation for being opaque, we stand out with our mission: to build simple and honest financial products that improve lives. This starts with how we develop the products, how transparent we are about pricing and is reflected in how we structured our ICO.”
Mr. Marszalek continued: “We’re fundamentally against the current industry practice of hyping-up ICOs for weeks, only to launch them and close in 30 minutes. Pre-sale discounts are not allowed in the Monaco ICO, giving all contributors a level playing field on May 18th. In case the demand exceeds supply, the Company will continue selling tokens for another 7 days, to ensure fair and broad distribution of tokens and to improve potential secondary market performance of the MCO Token”
Blockchain community members who participate in the Monaco ICO will receive MCO tokens in exchange for ETH contributions. As MCO token holders, they will have a stake in the MCO Asset Contract.
The MCO Asset Contract is an absolutely essential part of how value will be created for MCO token holders. Every time Monaco VISA® Card users spend their BTC, ETH or other ERC20 tokens, Monaco will charge a 1% software license fee. All these fees will be automatically sent to the MCO Asset Contract. Over time, as Monaco users spend on the platform globally, the value will accrue in the MCO Asset Contract. “A small license fee seems reasonable, as users are saving 5 to 8 times more on every transaction with Monaco VISA® Card.”, Mr. Marszalek explained. “Monaco forecasts that with transaction volume growth and appreciation of the ERC20 tokens over the next 5 years, the value of the MCO Asset Contract may reach US$500MM”.
Limited Edition Monaco VISA® Black Cards numbered 001 to 999 will be issued to participants of the MCO Token Sale. Black Cards numbered from 001 to 499 will be assigned to Top ETH Token Contributors. Black Cards numbered from 500 to 999 will be assigned to the fastest contributors, based on the time stamp of their ETH contribution. The Black Card Leaderboard will be available at Mona.co and will update automatically in real-time during the MCO Token Sale.
Besides the exclusive design, Monaco VISA® BLACK Card holders will enjoy lifetime unlimited perfect interbank exchange rates and triple free monthly ATM withdrawal limits. More benefits will be rolled out over time.
The person who contributes the highest number of tokens in the ICO will be rewarded with the Monaco VISA® Black Card Number 001 and will receive a bonus 188,888 MCO Tokens from the Monaco Founder’s Pool. The 188,888 Bonus MCO Tokens will not be subject to a lockup period.
To find our more about Monaco please visit: www.Mona.co
White paper download: www.Mona.co/whitepaper
To pre-register for the Token Sale: www.Mona.co/register
LEAD
of the Monaco visa card
I personally feel some type a way about it... I think it defeats the purpose of a cyrpto coin but thats just me...
After 12 months in stealth development, Monaco Technology GMBH unveiled it’s revolutionary
Monaco VISA® Card and App today. Besides traditional funding sources, Monaco can be funded with Bitcoin, Ethereum and other ERC20 tokens.
Monaco allows users to spend and send money globally at perfect interbank exchange rates, saving EUR30-40 on every EUR500 equivalent spent. Monaco Card will work on the VISA® network, giving it world-wide acceptance.
Kris Marszalek, Founder of Monaco Technology, commented: “The team worked incredibly hard over the last year to bring the Monaco VISA® Card & App to the market. It’s a beautifully simple product that allows users to avoid all the bank charges and currency exchanges impose on them. We believe that every single person who holds Ether or Bitcoin needs one. It brings amazing value, transparency and peace of mind. You’ll never have to worry about exchange rates again, always getting the best deal physically possible. It’s an incredible feeling!”
Other features of the Monaco App include:
Advertisement:
- free global transfers in 23 currencies to 120 countries at perfect interbank exchange rates
- free and instant transfers between Monaco users, with the funds being immediately available to the recipient and accessible with their Monaco VISA® Card
- account opening via mobile app in under 3 minutes
Commenting on the ICO, Mr. Marszalek said: “In an industry that has a reputation for being opaque, we stand out with our mission: to build simple and honest financial products that improve lives. This starts with how we develop the products, how transparent we are about pricing and is reflected in how we structured our ICO.”
Mr. Marszalek continued: “We’re fundamentally against the current industry practice of hyping-up ICOs for weeks, only to launch them and close in 30 minutes. Pre-sale discounts are not allowed in the Monaco ICO, giving all contributors a level playing field on May 18th. In case the demand exceeds supply, the Company will continue selling tokens for another 7 days, to ensure fair and broad distribution of tokens and to improve potential secondary market performance of the MCO Token”
Blockchain community members who participate in the Monaco ICO will receive MCO tokens in exchange for ETH contributions. As MCO token holders, they will have a stake in the MCO Asset Contract.
The MCO Asset Contract is an absolutely essential part of how value will be created for MCO token holders. Every time Monaco VISA® Card users spend their BTC, ETH or other ERC20 tokens, Monaco will charge a 1% software license fee. All these fees will be automatically sent to the MCO Asset Contract. Over time, as Monaco users spend on the platform globally, the value will accrue in the MCO Asset Contract. “A small license fee seems reasonable, as users are saving 5 to 8 times more on every transaction with Monaco VISA® Card.”, Mr. Marszalek explained. “Monaco forecasts that with transaction volume growth and appreciation of the ERC20 tokens over the next 5 years, the value of the MCO Asset Contract may reach US$500MM”.
Limited Edition Monaco VISA® Black Cards numbered 001 to 999 will be issued to participants of the MCO Token Sale. Black Cards numbered from 001 to 499 will be assigned to Top ETH Token Contributors. Black Cards numbered from 500 to 999 will be assigned to the fastest contributors, based on the time stamp of their ETH contribution. The Black Card Leaderboard will be available at Mona.co and will update automatically in real-time during the MCO Token Sale.
Besides the exclusive design, Monaco VISA® BLACK Card holders will enjoy lifetime unlimited perfect interbank exchange rates and triple free monthly ATM withdrawal limits. More benefits will be rolled out over time.
The person who contributes the highest number of tokens in the ICO will be rewarded with the Monaco VISA® Black Card Number 001 and will receive a bonus 188,888 MCO Tokens from the Monaco Founder’s Pool. The 188,888 Bonus MCO Tokens will not be subject to a lockup period.
To find our more about Monaco please visit: www.Mona.co
White paper download: www.Mona.co/whitepaper
To pre-register for the Token Sale: www.Mona.co/register
LEAD
Post from Ripple Employee
https://www.xrpchat.com/topic/5280-...currency-vs-ripple-the-company/#comment-50182
Here's how I've been explaining it recently:
1) There's a business that Ripple has providing transaction processing software to banks. It can work without XRP and without any blockchain tech. It improves international payments because it uses end to end messaging to track payment progress, ensure all necessary compliance information is in the transaction in the first place, precisely knows the fees ahead of time, and provides prompt, reliable confirmation of delivery. This is a big enough improvement that banks will use it even if the actual money moves the same way it does now.
2) Ripple has built a public blockchain with a native asset. It has various nice features -- a distributed exchange, good governance, fast transactions, high transaction volume, native multisign, key rotation, payment channels, and so on.
3) The hard part about getting banks to use a blockchain isn't the blockchain, it's everything else. It's governance, compliance, integration with banking systems, and so on. our software does all that stuff, so if routing a payment through XRP is a penny cheaper, the bank can take it. Then we have to make XRP cheaper somewhere that matters.
4) We don't target the biggest corridors like USD->EUR because they're efficient. We target an inefficient, but fairly high volume, corridor. For example, EUR->INR. Market makers have very small profit margins, so even a small incentive to place good EUR<->XRP and XRP<->INR offers can beat what banks are getting now through the correspondent banking system.
5) Once we get one corridor, we hang other countries off each end of the corridor, expanding the reach of XRP.
6) Now, say you're a company like Seagate that pays out money all over the globe. If you have to make payments to five countries in our corridors, you'd rather hold one pile of XRP than five piles of different currencies. That increases demand.
7) Now, say you're a company like Apple with a huge pile of cash. If you want to snap up other assets cheap, you'll need to hold the asset the people selling want. If they're going into any of our corridors, they'll want XRP, so you would want to hold it.
8) If that succeeds, it should massively increase the price of XRP.
9) Ripple holds a huge pile of XRP and will be the dominant XRP holder for the foreseeable future. But we're primarily VC financed and we get revenue from selling software to banks. We don't use our XRP as a bank account but as a strategic weapon. (Though we do sell some for revenue, we just don't need to for salaries or to keep the lights on.)
10) Anyone who gets XRP from us as part of some deal with a lockup has their incentives aligned with ours. They want the long-term price of XRP to go up too.
I think that pretty much covers our vision. There is, of course, no guarantee of success. This is a pretty crazy thing we're trying to do. But we have 160 full time employees and have raised tens of millions of dollars. We've hired many amazing people, and our track record speaks for itself.
https://www.xrpchat.com/topic/5280-...currency-vs-ripple-the-company/#comment-50182
Here's how I've been explaining it recently:
1) There's a business that Ripple has providing transaction processing software to banks. It can work without XRP and without any blockchain tech. It improves international payments because it uses end to end messaging to track payment progress, ensure all necessary compliance information is in the transaction in the first place, precisely knows the fees ahead of time, and provides prompt, reliable confirmation of delivery. This is a big enough improvement that banks will use it even if the actual money moves the same way it does now.
2) Ripple has built a public blockchain with a native asset. It has various nice features -- a distributed exchange, good governance, fast transactions, high transaction volume, native multisign, key rotation, payment channels, and so on.
3) The hard part about getting banks to use a blockchain isn't the blockchain, it's everything else. It's governance, compliance, integration with banking systems, and so on. our software does all that stuff, so if routing a payment through XRP is a penny cheaper, the bank can take it. Then we have to make XRP cheaper somewhere that matters.
4) We don't target the biggest corridors like USD->EUR because they're efficient. We target an inefficient, but fairly high volume, corridor. For example, EUR->INR. Market makers have very small profit margins, so even a small incentive to place good EUR<->XRP and XRP<->INR offers can beat what banks are getting now through the correspondent banking system.
5) Once we get one corridor, we hang other countries off each end of the corridor, expanding the reach of XRP.
6) Now, say you're a company like Seagate that pays out money all over the globe. If you have to make payments to five countries in our corridors, you'd rather hold one pile of XRP than five piles of different currencies. That increases demand.
7) Now, say you're a company like Apple with a huge pile of cash. If you want to snap up other assets cheap, you'll need to hold the asset the people selling want. If they're going into any of our corridors, they'll want XRP, so you would want to hold it.
8) If that succeeds, it should massively increase the price of XRP.
9) Ripple holds a huge pile of XRP and will be the dominant XRP holder for the foreseeable future. But we're primarily VC financed and we get revenue from selling software to banks. We don't use our XRP as a bank account but as a strategic weapon. (Though we do sell some for revenue, we just don't need to for salaries or to keep the lights on.)
10) Anyone who gets XRP from us as part of some deal with a lockup has their incentives aligned with ours. They want the long-term price of XRP to go up too.
I think that pretty much covers our vision. There is, of course, no guarantee of success. This is a pretty crazy thing we're trying to do. But we have 160 full time employees and have raised tens of millions of dollars. We've hired many amazing people, and our track record speaks for itself.
granted he speaks exactly like a special ed. student of mine BUT I agree w/ his advice...same shit cats in here been preaching for the longest
Mysterium opens next week. I think we should invest
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