November 8, 2016

From ICO’s to OpenLedger’s plans: Ron Boesing opens up at CoinAgenda 2016

Posted on November 8, 2016 | by [email protected]

Las Vegas recently hosted CoinAgenda 2016. It is a conference for both the mainstream who are new to Bitcoin and Blockchain investments and experienced investors in digital and blockchain assets to come together. In this edition, Ron Boesing, CEO of OpenLedger and Bitcoin exchange CCEDK revealed the future plans for OpenLedger. From a successful career in the music industry to a switch to digital asset based investments, Ron has been relentless. Let’s look into the key takeaways from the interview:

The major switch

Ron Boesing was in the music industry for about 25 years. The financial crisis of 2008-09 hit the music industry hard leading to the closure of Ron’s record company. After two years of contemplation, Ron went back to college to take a bachelors course in ‘Export Technology Management’. In late 2014, he actually came in contact with Bitcoin and an old friend proposed the idea of establishing an exchange. In collaboration, they launched the first Bitcoin exchange out of Denmark (CCEDK). During the course of his cryptocurrency ventures, Ron fondly recollects that the journey was a continuous learning curve.

Currently OpenLedger has completed a year slowly phasing out CCEDK as planned. The idea was to make OpenLedger the gateway for fiat and cryptocurrency making it a decentralized exchange.

Traditional IPO vs ICO

When asked about how these ICO’s would differ from traditional IPO’s, Ron made it very clear that in ICO’s, the investors have an easy exit option. This means apart from investing, there is an option to move the funds from one cryptocurrency to another as a backup contingency. Ron explained that unlike other ICOs this doesn’t require a crowdfunding investment. It rather revolves around only investing in ICO’s and gaining the privileges. With the facility to the move the funds around, Ron believes it would resemble a cryptocurrency index.

OpenLedger’s ICOs

Talking about the token sale of the projects OpenLedger would be associated with, Ron gave preliminary information about the same:

Beyond The Void: This would be OpenLedgers collaboration with gaming industry. The tokens can be ordered on OpenLedger or directly from Beyond The Void.

Centz: Centz enables full control over individual’s Gift Card Money via OpenLedger ICO. This would essentially allow for transfer and buying of requisite Gift Cards suitable for individual’s occasion.

Apptrade: This has an entirely new approach to developing and managing next generation of mobile apps. The underlying idea behind this is to create a ‘Stock Market of Apps’

With so many interesting prospects coming up, Ron looks hopeful about OpenLedger’s chances at enabling complete decentralization.

A Synopsis of the Emerging Trend of Blockchain Gaming

Posted on November 8, 2016 | by [email protected]

Bitcoin is triggering the waves of a huge paradigm shift with massive changes across many industries. It is no longer news that Bitcoin is changing the payments market by offering a cheaper and faster means of paying for goods and services. Bitcoin also has huge potentials to change the global economic landscape. Now, Bitcoin is precipitating another wave on change in the world of gaming by introducing new gaming concepts. This article provides a synopsis into the emerging trends of blockchain gaming.

What is blockchain gaming?

Blockchain gaming is a genre of gaming that involves the creation and use of items that you can trade on public blockchain systems. Blockchain gaming often involve the use of cryptocurrencies such as Bitcoin in the gaming economy. The main distinctive feature that sets blockchain gaming apart from other type of gaming trends is that the blockchain technology makes it easy for gamers to own their gaming economies.

If you are an avid gamer, you’ll have had the regular misfortune of hitting a large jackpot in a game when you complete a level, break through some barriers, or when you employ some ingenious problem-solving skills. However, it is practically impossible to convert your jackpot or wins into tangible real-life items. Hence, you success in gaming is often stuck in the game and you’ll only have bragging rights if have people who understand the game around you. Blockchain gaming allows gamers to access their wins and jackpot by using cryptocurrencies such as Bitcoin in the game economy or as a part of the game’s storyline.

Beyond The Void breaks out into blockchain gaming with Nexium

If you love playing real-time strategy RTS- Multiplayer Online Battle Arena (MOBA) games, you could start gearing up for some serious fun as Beyond The Void prepares to debut the first RTS-MOBA backed by blockchain technology. The game which will be launched the “Money2020” event in Las Vegas this week will combine a blockchain-based Initial Coin Offering (ICO) with a blockchain-token economy.

However, the currency of the game won’t be the already popular Bitcoin but a brand new cryptocurrency called Nexium. Beyond The Void is reportedly working with OpenLedger to launch the game as part of OpenLedger’s mission to propel the most interesting blockchain startups into the limelight. The new blockchain game is designed to reward both the developers and the gamer in what is being touted as the “next-generation gaming culture”.

More interesting is the fact that Beyond The Void blockchain technology wants to mine Nexium with games in the same way that people mine Bitcoin by solving hashes. Nexium will be burned over time in the game and the value of the Nexium will increase comparatively. More so, the value of Nexium has the potential to grow as the number of players in the game grows.

The Nexium ICO

Bitcoin Now Offers Traders an Incredible Opportunity to Trade Global Financial Markets Privately

Posted on November 8, 2016 | by [email protected]

Bitcoin is coming forth with incredible applications that cut across wide varieties of industries. Bitcoin is already changing the payments industry with its ease of transaction and negligible transaction costs. Bitcoin is disrupting the banking industry by providing people with a truly secure and private way to store wealth. Bitcoin is also shaping up to be a powerful economic disruptor by reducing the ability of central banks to print money out of thin air.

Now, Bitcoin is getting ready to disrupt the financial markets and a Bitcoin startup is at the vanguard of the paradigm shift. Whaleclub is a Bitcoin startup that provides people with a unique opportunity to trade other cryptocurrencies, stocks, forex, indices, and commodities with Bitcoin. This post seeks to explore possibilities for Bitcoin holders to leverage the privacy that Bitcoin offers to trade the financial markets for profits.

Meet Whaleclub

Based in Hong Kong, Whaleclub was founded to be a trading platform powered entirely by digital currency. The firm began its live trading operation in 2016 and it has more than 10,000 traders who have traded more than $100M worth of securities in Bitcoin. The firm’s COO, Peter Zivkovski says, “Our mission is to allow anyone, wherever they may be in the world, to use bitcoin to access and trade the global markets.”

Interestingly, Zivkovski notes that Whaleclub is already setting up shop at the long-term destination of the financial markets. He notes that the current trading systems in the financial markets are obsolete and that the world will eventually have to embrace a new global currency to facilitate trades in the global financial markets without the barriers of borders or currencies.

In his words, “by blending sophisticated engineering with an elegant experience, we empower thousands of traders to access worldwide markets with Bitcoin.”

How is Whaleclub different from other trading platforms?

There are possibly tens of thousands brokers all who claim to provide traders with a platform to trade the financial market. Very few of those platforms provide traders with an exposure to the financial markets through Bitcoin. However, what makes Whaleclub special is not the fact that is probably the only trading platform that provides traders with an exclusive access to the financial markets through Bitcoin.

Whaleclub is in a league of its own, different from other trading platforms because it operates at a lesser cost than traditional trading platforms. The lower operating costs can in turn be passed down to traders as negligible execution fees and low spreads. Mr. Zivkovski observed that traditional trading firms are plagued with deposit and withdrawal delays, excessive fees…

“By using digital currency instead of fiat, we can provide customers with a superior experience: instant deposits, low spreads, worldwide market access from over 190 countries, customer privacy.”

Should you consider trading the financial markets with Bitcoin?

If you believe in Bitcoin and you understand how the financial markets work, you should seriously consider trading the financial markets with Bitcoin. To start with, the private nature of Bitcoin means that you can conduct your trading and investment activities without drawing undue attention to yourself. Secondly, the strategic position of Bitcoin as a cryptocurrency with a global reach makes it easy for you to trade securities across 190 countries.

You should note that you’ll need to satisfy some regulatory requirements as a foreign investor if you wish to trade securities in a foreign country/currency. However, with Bitcoin, all borders are erased for a low-cost and private trading experience globally.

Whaleclub in action

If you want to learn more about Whaleclub and experience the community in action watch the video below.