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  • A Technical Breakdown Of Google's New Blockchain Search Tools [Forum Post] Worth a read
    83 views 5 comments Most recent by Hans2000 Blockchain Tech
  • ChainBLX Business Plan Overview Status: Accredited
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  • Everipedia Whitepaper Status: Accredited Emerging blockchain technology has made it possible to create an incentivized peer-to-peer network for submitting, curating, and governing a database of encyclopedia articles.
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  • Beverly Hills tobacco sales could go up in smoke Status: Accredited Beverly Hills tobacco sales could go up in smoke
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  • IEO: What do you think about IEO's? [Forum Post] Copy and pasted article from Medium: IEO- A no go. Henry Fudge Apr 10 Recently we have seen a massive increase in the popularity of IEO Projects with the Binance Launchpad. Some have Exalted this as the revolution of the market, thinking that it will excel us beyond the 2017 ICO Hype, When we were all talking about where security coins would benefit the market, IEOs were born, while Security token hype seems to fallen off somewhat. With MultiVAC raising over 3.44m in 7 Seconds, its hard to deny what the market is pointing towards, However, I feel as if IEOs still do not address the core concerns of the blockchain market. While it is somewhat an improvement on the ICO in terms of due diligence, with the exchanges staking their reputation on the issuance backing the project, and that there is liquidity at an earlier date, there are still a number of failures here. 1 Centralized There has never been an IEO from a Decentralized exchange, all funds are received by a centralized institution, all transfers are conducted by the exchange not blockchain, the exchange manages all of the wallets, in fact, you technically do not even own the tokens. While there has been a constant increase in the professionalism and regulation of exchanges, I still have a jaded memory of the days of the exchange leaks and hacks, its not a matter of not liking exchanges in general, simply that having a single point of failure is hardly ideal, and for the Blockchain purists, they simply hate it as it is entirely centralized. The problem here would be that because so far we have seen only ETH IEOs, we have a potential Gas War coming when we get this on to Decentralized exchanges to conduct the IEOs, 2 Investor Behavior Because of the nature of the pre-sales and incentives for early stage investors, without significant lock ups, the initial investors simply dump the tokens off for an immediate profit leaving the tokens trading below issue prices. MTV price activity from ICO…Thats a big OOOOF my guy. Just look at Multivac, its down 65% from IEO…Ouch. With this kind of investor behavior, without prior announced lock ups, why the hell would you ever buy in at the start of the IEO? The structure of discounts and pre-sales incentives investors to delay buying in until far beyond the IEO once the ‘dump’ is priced into the market, meaning that over time we will naturally see a greater failure rate amongst IEOs than even ICOs. 3 Its still not a security The coins are used for a native platform, they have no underlying asset, they guarantee you nothing and the firm has no obligation to maintain the price of the assets. Regardless of a green-light from Binance Launchpad etc, the tokens mean nothing unless the platform is successful, and even if the platform is successful, the token can still be worthless it is utter speculation. 4 Do they really check it that much? While there is a reputation risk of the exchanges in hosting an IEO, it is rather minimal, in the case of a scammer slipping through the net, its simply a blame game, they will pass on the blame and ask for forgiveness from their clientele, who have rather significant loyalty, particularly in the case of Binance and KuCoin, in short, the cost for them for a shitcoin slipping though the net is essentially minimal in the unregulated world of tokens. While they might, have a brief look over it, what are the incentives for the exchanges? Exclusive access to hyped projects and new clients. If you have an incredibly hyped project that could bring the exchange thousands of new users, do you think they will let you run to the competition because they think one part of your plan isn’t as robust as it should be? God no, they will compete over the hype projects. They are still getting paid their exchange listing fee by the project, which is sheerly extortionate. there is a set of incentives in the market of IEOs that inherently destabilize the market and its quality, it is a never ending spiral of hyped trash hitting the market. While I have no disagreements with KuCoin and Binance, they seriously need to publish and abide by strict guidelines on the acceptance of these IEOs or else there is a doomed market coming again. These are the core reasons why when I wrote about my TISTO mechanism. (Trade Initial Security Token Offering, check out my article below) TISTO: How to make Security tokens work for investors “It would be wonderful if we could avoid the common setbacks with timely exits.” — Peter Lynch It is a regulated security tied to an asset, its not just a gamble on the supply and demand dynamic of a token for a platform that isn’t even operational yet. It is conducted by regulated entities, such as SIX exchange, CBOE or ICE. It isn’t some jump start exchange with a history of leaky bank accounts and hackers backdoors. If you did want it conducted by a fully digital exchange, they would still require regulation, by the red tape it is a safer option. They have guidelines, you have FINMA, FCA, SEC so on so forth signing off before its issued. It is an adherence to quality and a move away from the negative incentives to pump shitty projects. During this crypto Winter, we were Buidl-ing, working on promoting quality, getting mainstream adoption, then the IEO arrived in the Hype cycle to destroy all the good progress, it isn’t an innovation, it isn't a revolution, it isn’t a step forward, watching this market hype IEOs is like being in a crypto Groundhog day reliving the doomed hype of ICO’s. Its an Exchange based Coup D’etat, with the titan exchanges taking exclusive centralized power over a market who’s entire purpose was decentralization, a Crypto night of the long knives just happened and no one seemed to notice, killing Decentralization as a driving force in the market in the Crib. In Summary, IEOs are absolutely daft, investing in them will more than likely lose you money, and the incentives in the market make sure that a slew of worse projects will come to the market through them. Get back to the Drawing board, Buidl something actually innovative.
    70 views 6 comments Most recent by MX10178 Others
  • Substratum Whitepaper Status: Accredited Substratum Whitepaper
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  • TV Finance via Crypto Status: Accredited TV Finance via Crypto
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  • Floyd Mayweather-Backed ICO Responds to Lawsuit: 'Investors Have No Ownership Rights' Status: Accredited Floyd Mayweather-Backed ICO Responds to Lawsuit: 'Investors Have No Ownership Rights'
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  • Fake News? YouTube links to info about 911 attacks under Notre Dame fire videos [Forum Post] really wierd..
    36 views 3 comments Most recent by Weedlover News
  • Wow hate to say it but I just found 'Fake News' on CNN [Forum Post] I like CNN, but fair is fair and I have to point out that this article blatantly distorts the truth: Here's the problem, the article contains these passages: **"Not founded on anything" is the new "alternative facts." According to Mueller's report, "she also recalled that her statement in a separate press interview that rank-and-file FBI agents had lost confidence in Comey was a comment she made 'in the heat of the moment' that was not founded on anything." So there it is — "not founded on anything" — a remarkable admission from a government official who is paid to communicate accurately with the public.** BUT -- she did not say "not founded on anything" The quotation marks around what she said end after the word 'moment.' The phrase 'not founded on anything' was written by the writer of the report.
    36 views 0 comments Most recent by Weedlover News
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  • Google powered crypto wallet 'as easy as email' Status: Accredited Google powered crypto wallet 'as easy as email'
    293 views 15 comments Most recent by ETHhup Support Industry
  • 'BTC will be $1 million someday' says Jesse Lund, VP of blockchain at IBM Status: Accredited 'BTC will be $1 million someday' says Jesse Lund, VP of blockchain at IBM
    243 views 7 comments Most recent by JDav19 Currencies
  • Welcome to the ChainBLX forum! [Forum Post] On our forum you can discuss anything pertaining to ChainBLX. We recommend you read our Rules and our Business plan to better prepare yourself for our site. Rules are especially important since there we state everything you need to know about being a user on our site. On the forum, you will be able to post questions and get answers from the community. Feel free to post your comment or start a discussion. If your discussion/comment is similar to another post, we could point you in that direction or even move your comment into the discussion we recommend. You will be able to discern Forum posts from other entries on the site by the following: [Forum Post] Entries marked with this are forum posts and are not whitepapers/news articles which seek accreditation.
    78 views 5 comments Most recent by seedbountyhunter12 Blockchain Tech
  • Alibaba Coin White Paper Status: Failed We were asked by members in the community to post this as another test case:
    602 views 33 comments Most recent by THE JUDGE!!!!!! Seed Cases
  • Seed Case WP 20 Status: Accredited Seed WP 20
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  • United States North Korea Summit Status: Accredited United States North Korea Summit
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  • 7 Reasons Why - Accreditation in the Crypto Space Status: Accredited 7 Reasons Why - Accreditation in the Crypto Space
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  • Washington Post Response to 2019 State of the Union Status: Accredited Washington post reporter response
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  • State of the Union 2019 by President Donald Trump Status: Accredited Donald Trump gave the State of the Union on February 5, 2019
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  • News from Washington post: True or Fake Status: Accredited You decide!
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  • SEC test case Howey Coin for educational use Status: Failed Howey Coins === Test Case ===
    484 views 4 comments Most recent by seedbountyhunter17 Derivatives
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