Jincor: Making Blockchain Easy

The Jincor private blockchain is designed to be easy to use for businesses.

With blockchain technology being too complicated for many businesses, Jincor aims to provide an easy-to-use platform giving businesses all of the benefits of the technology minus the headaches. The Jincor blockchain is private and can execute smart contracts and cryptocurrency transactions, both of which will help businesses be more profitable.

Smart contracts, which are self-executing programs on the blockchain that execute when criteria are met by two parties, can potentially alleviate numerous problems for businesses and lower costs. By removing the need for middlemen and executing when terms have been met by both parties, they reduce costs for businesses and promote confidence in conducting business. Because smart contracts execute instantly, they allow businesses to finalize deals in a timely manner, which can boost their bottom line significantly. To make it easy for businesses, Jincor will create smart contract templates for businesses, lowering their cost of execution and removing the need for specially-trained blockchain developers.

To build confidence among users given the murky legal situation of cryptocurrencies, Jincor will provide guidance to its users through its legal team to comply with regulations of various jurisdictions. Jincor will implement a strict verification for businesses whereby they will have to provide real-world identification that will be tied to their profile on the platform. The linking of real-world identities with virtual identities will keep the Jincor private blockchain legally compliant in many jurisdictions. Additionally, by allowing businesses to easily transact in cryptocurrencies, they will be able to attract more customers with a preference for their use.

The native token of the platform, JCR, will enable the creation and execution of smart contracts and provide access to other premium services. In total, 35 million JCR will be minted. Customers will be able to purchase JCR directly from Jincor or on popular exchanges. In case there are not enough JCR on exchanges to meet the demands of customers, Jincor will reserve 4.2 million JCR to ensure the liquidity of the token and platform.

The Jincor ICO ends January 31, 2018, and during this ICO investors can purchase JCR at $1 each. The hard cap of the project is $26.6 million, equivalent to about 76 percent of the tokens outstanding. Unsold tokens will be burned, thus reducing the supply of JCR and benefiting investors by increasing their value. Jincor is thus a special opportunity for investors who want to gain exposure to the mainstreaming of blockchain technology.

*I am receiving Jincor tokens for the growth of the community.

To learn more about Jincor:

Website: https://jincor.com/

Whitepaper: https://jincor.com/whitepaper

Chimaera: Ultimate Decentralized Gaming

Chimaera offers a decentralized gaming platform on the blockchain.

Using blockchain technology, Chimaera aims to establish a decentralized network for gamers and developers to interact and create virtual worlds unencumbered by the barriers of the present industry.

In-game assets are currently seeing an explosion of growth, and Chimaera aims to make the buying and selling of these easier and more transparent on its platform. As a platform that offers buyers and sellers the ability to trade these virtual goods, Chimaera will benefit the gaming community as a whole and reward developers who have put in their hard work to create these features. For gamers, in-game assets not only make the games more enjoyable, but they also give gamers the ability to make a profit by trading them.

Chimaera will be designed as a decentralized platform to also meet the needs of developers. It will allow for games with more advanced features to be developed and for frictionless purchases of in-game assets using smart contracts. The greater options offered by the platform will build loyalty toward developers who cater to the needs of gamers. Additionally, the platform will provide tools and support for developers, and will reach out to indie game developers with talent and skill that can be applied within its ecosystem.

Chimaera is a decentralized gaming platform.Using the blockchain, developers and gamers will be able to create and participate in Decentralized Autonomous Universes (DAUs). DAUs are virtual realities that run continuously without servers. These DAUs would run with the impenetrable security of blockchain technology, which provides immutable and transparent transactions on a ledger using encryption.

While bitcoin gave inspiration and vision to Chimaera as a decentralized cryptocurrency, the founders of the platform are aware of its scaling problems and aim to avoid them. Chimaera’s solution to the scalability problem is “game channels,” where players can interact in a trustless manner using a side chain. These game channels prevent forgery or manipulation, and have their own dispute resolution mechanism that is fair and rewards honesty.

The Chimaera token, CHI, will be the primary currency of the platform, and can be exchanged for bitcoin and other cryptocurrencies. As the platform and the demand for the virtual goods within it grow, CHI will increase in value. A maximum of 1,175,000,000 will be minted according to the whitepaper. The CHI token can be used to create an account, conduct account transactions, buy or rent game assets, and buy and sell games.

The Chimaera Trading Platform will allow gamers to trade assets for CHI. Transactions on the Chimaera Trading Platform will be frictionless and transparent. Users will be in control of their own private keys, allowing them to have full control over transactions. As a peer-to-peer exchange, at no point will the exchange have control over the assets traded on it.

The Chimaera team is one of the strongest among those in the blockchain space, possessing extensive experience in blockchain development. The founder of the project, Andrew Colosimo, founded the Huntercoin experiment, which was the world’s first “human mineable” cryptocurrency, and provably fair and decentralized massively multiplayer online (MMO) game. Dr. Daniel Kraft, a cofounder of Chimaera, has been a bitcoin developer since 2013, and has been the primary Namecoin and Huntercoin developer since 2014. The team also has other members providing software, marketing, and legal expertise.

With such a talented team and the ambition and history of success possessed by it, Chimaera will be a major contender as a decentralized gaming platform. Those who join in the crowdsale currently taking place offering CHI tokens at a discount are likely to be rewarded in the long run. The visionaries behind Chimaera will open up possibilities with decentralized gaming previously unforeseen, and, if history is any indication, reward investors along the way.

*I am receiving Chimaera tokens for the growth of the community.

Author: pushups44

Peculium: Building Wealth with AI

Peculium uses artificial intelligence for investing.

The Peculium project, based in France, aims to use artificial intelligence and machine learning to help savers and investors build wealth while leveraging blockchain technology. The token, PCL, is ERC20 compliant and thus runs on top of the Ethereum blockchain.

The name of the project comes from “pecul,” which in Latin translates to savings. The artificially intelligent program from which the project is largely based is referred to as AIEVE (Artificial Intelligence, Ethics, Values, and Equilibrium). AIEVE is programmed to use a multitude of data points to make predictions about the future and hence build wealth. AIEVE will manage cryptocurrency assets for individuals, brokers, and businesses, who in turn will decide the level of autonomy of AIEVE with which they feel most comfortable. As stated in the Peculium whitepaper, AIEVE is based on many years of research and development in artificial intelligence.

AIEVE manages wealth with artificial intelligence.
AIEVE is an artificially intelligent wealth manager.

By using the Ethereum blockchain, Peculium transactions will be stored immutably on a global ledger. Blockchain technology will allow for superior transparency and security for users of the platform. The Ethereum blockchain features self-executing “smart contracts” that allow parties to transact without middlemen, thus reducing the costs for the parties involved. Like the Ethereum blockchain, Peculium software is open-source and transparent. Due to the importance of security for building trust among users of the platform, the project will allot substantial sums to invest in security and will hire outside firms to analyze the security of the platform.

A quarter of the funds from the crowdsale will go into the First Solidus Contract (FSC), a self-managed smart contract that will run for six months. Besides building wealth for investors, FSC is meant to showcase the power of AIEVE to investors. 50 percent of the profits of FSC will go to investors and the other 50 percent will be used to maintain the project and fund its expansion. The profits of future smart contracts will also be evenly split between investors and the project.

In total, 20 billion PCL tokens will be created, and roughly three billion will be held by the project to keep it running smoothly. As an ERC20 token, PCL can be stored in popular Ethereum wallets. Profits of the project will be distributed to PCL token holders in the form of Ether (ETH), depending on how many tokens they own.

The presale of the project will take place from November 1 to November 25, 2017, and the ICO will take place from November 26, 2017 to March 1, 2018.  The project aims to attract a minimum of seven million euros and will regard the crowdsale as a complete success if 50 million euros is reached. Investors will be able to get better bonuses the earlier they purchase PCL tokens. After the ICO, the project will seek more investors to allow it to grow.

*I am receiving Peculium tokens for the growth of the community.

Author: pushups44

Datum DAT Cryptocurrency

Datum DAT token.A new cryptocurrency, Datum (DAT), promises to allow users to securely manage their own data and share or sell it if they choose. Datum is having an initial coin offering (ICO) allowing investors to purchase DAT tokens from October 17 to November 17, 2017.

According to Datum, the amount of data stored is growing exponentially, leading to social and economic disparities with those possessing or controlling the data having a clear advantage. This has led to the erosion of privacy as well as unchecked surveillance. Among the companies known for collecting user data and using it for marketing in exchange for offering “free” service are Google, Facebook, Instagram, and Twitter. The erosion of user privacy has become so rampant that many users have simply resigned themselves to surrending privacy.

By contrast, Datum aims to establish a secure, decentralized network on the Ethereum blockchain where users can create smart contracts to determine who will be able to view their data. In this network, users will be able to profit from their own data. DAT tokens will be used to store and share data, which in turn can be easily converted to other cryptocurrencies or fiat currencies at major exchanges.

There will be at most three billion DAT tokens initially on the market, ensuring their liquidity and preservation of value. About half of these will be available for sale during the ICO. Unlike many cryptocurrencies on the market, DAT is not minable and does not have an inflating supply, which potentially leads to greater volatility and a reduced value for cryptocurrency owners. DAT is ERC20 compatible, which will allow users to store it in many popular Ethereum wallets.

Over time, DAT tokens will be destroyed as they are exchanged for privileges on the network, leading to an increase in value of the tokens for holders. Those who choose to become a storage node on the network are paid fees for storing and transferring data.

The Datum DAT mobile app is user-friendly.

The Datum client will be available for Android and iOS phones, desktops, and other devices. It will be user-friendly with a focus on security and convenience. Users will be able to view a summary of their data, their ownership of DAT tokens, privacy settings, and detailed reports. Users will be able to view data that is sent to other parties and to view who has viewed their data.

At first, Datum will be managed by Datum Network GmbH, a company based in Switzerland, but the ultimate goal is for the network to function as a decentralized autonomous organization (DAO) managed by users and stakeholders through a non-profit foundation in Switzerland.

By empowering users with their own data, Datum can potentially play a revolutionary and transformative role in bringing privacy back to the people. This is a momentous change in consciousness coinciding with technological innovation. Just when the advancement of technology made it easy for big corporations to exploit personal data, further advancements, notably the blockchain and decentralization, have put the users back in charge of the platform.

*I am receiving Datum tokens for the growth of the community.