March 21, 2019

Becoming Genesis Users of HashKey Hub, up to 100, 000 Virtual Capital for Mining Awaits You!

HashKey Hub’s ‘Genesis Users’ campaign has been launched on 18th, March. The first 1000 registered users will have a chance to try out mining with a substantial amount of virtual capital containing EOS, QTUM, and VET. Also, inviting your friends to become HashKey Hub users will be rewarded with at least 0.01 ETH.

What is HashKey Hub?

HashKey Hub is developed by HashKey Group. It is an easy-to-use and one-stop digital asset management platform that was launched on March 18th globally. HashKey Hub is fully committed to providing users with a simple and fast way to manage digital assets. There are no professional knowledge nor complex procedures needed when using HashKey Hub to store, transfer and manage assets. Meanwhile, HashKey Hub offers access to other products and services provided by HashKey, allowing users to access and use the services of other products directly without additional registration or app download.

Currently, HashKey Hub has offered access to HashQuark, another product under HashKey. HashQuark is a new generation POS (including DPOS and alike) mining pool, allowing users to conveniently earn benefit from POS mining on their digital asset holdings without mining machine. HashKey Hub users can smoothly access HashQuark’s service without additional registration and enjoy mining rewards every day, and the transfer between the two products is free and in real time.

How to get Genesis User benefits？

Users registering HashKey Hub before 11:59 PM, 31st, March are entitled to Genesis User benefits.

Benefit A: Download HashKey Hub APP and register, and you will have a virtual capital for mining containing 1888 EOS, 2888 QTUM, and 100000 VET. This benefit is only available to the first 1000 registered users.

Benefit B: Inviting your friends to become a registered user during the campaign will be rewarded with 0.01 ETH for each unique invitation (up to 0.05 ETH reward for each account), provided said friend satisfies the following requirement: depositing at least 1 Qtum, 500 VET, or 0.0005 BTC and keeping it there for 7 days. This reward will be issued within 7 working days after the campaign.

How to use the virtual capital for mining?

Virtual capital is for users to try out HashQuark service. You can check your virtual capital during the campaign at “fortune > mining pool” in the APP. Virtual capital entitles its holders to claim two days of mining returns. The returns will appear under Try Mining, with the virtual capital reclaimed by HashKey Hub upon expiry.

After two days of calculation, the mining return will remain valid before April 15 and will expire if they have not been activated within such period. To activate them, a user needs to transfer at least 1 EOS/1 Qtum/500 VET into his/her HashKey Hub account from an external one at a time (using your HashKey Hub address under Home-Collect).

Click https://hub.hashkey.com to download HashKey Hub and get the prize now!

Published at Thu, 21 Mar 2019 10:16:03 +0000

You might be interested in …

December 7, 2018

Leon Cooperman: SEC Needs To Investigate Quants, Algos

Leon Cooperman: SEC Needs To Investigate Quants, Algos Omega Advisors founder Leon Cooperman blamed officials at the Securities and Exchange Commission for failing to address the impact computerized trading has had on the broader market […]

December 19, 2017

The White Elephant in the Room – EOS Investors Shell Out $700m for Purposeless Token

One of the main snippets of advice given to inexperienced crypto traders is to try and look for altcoins that have a purpose or technology that can be applied in real-world situations. Many of them do just that including Ethereum, NEO, Substratum, OmiseGO, Power Ledger, Factom, Iota and TenX to name a few. Then there are those that are just currencies such as bitcoin and Litecoin which can also be outstanding investment opportunities as we have seen in recent months.

What is a mystery is the amount of investment that has gone into cryptos that do not really offer anything aside from a blockchain. According to an article on Wall Street Journal investors have already spent $700 million on a tech startup offering a digital token which they themselves state has no purpose.

FOMO Flashes

The company, Block.one, raised the funds during the ICO which has come at a time of mass crypto mania and big doses of FOMO (fear of missing out). The report went on to claim that the Cayman Islands-registered company develops software via an open source website; it has created a blockchain platform that does not really offer anything beyond the thousands that already exist in the crypto sphere.

The website offers a pretty standard ‘we are a scalable decentralized app platform’ statement with a basic white paper and a few team photos. They have been auctioning 2 million tokens every day to raise funds for the ICO. The EOS core code is posted publically and the company released a new version of it last week causing a now commonly seen spike in price that usually follows altcoin news.

Toothless Token

Once the platform is released the EOS tokens that have no real relationship to it will serve no purpose. Block.one only intends to write the base code and let third-party developers do the rest. The WSJ states that a purchase agreement which investors must sign states the tokens “do not have any rights, uses, purpose, attributes, functionalities or features.” In this way, the token seems like the proverbial “white elephant” – expensive to own but serving no purpose.

The current buying frenzy just shows that people are still willing to invest in concepts that are being built for a technological market that doesn’t exist yet. With a market capacity of $5.1 billion EOS is one of the top altcoins of the moment, sitting at 14^th place in the crypto cap charts. It has jumped over 450% this month from $1.97 to an all-time high today of $11.11, market corrections have seen the price fall back a little but it is clearly evident that traders are still going crypto nuts.

Is EOS just another useless “white elephant” of a token or will it eventually have some purpose? Would you invest in EOS? Let us know in the comments below.

Images courtesy of AdobeStock, Wikimedia Commons

The post The White Elephant in the Room – EOS Investors Shell Out $700m for Purposeless Token appeared first on Bitcoinist.com.

February 18, 2019

Global Cryptocurrency Derivatives Exchange Bybit Releases Ethereum Perpetual Contract

Global Cryptocurrency Derivatives Exchange Bybit Releases Ethereum Perpetual Contract bitcoin Press Release: Derivatives Exchange Bybit has officially released its second product, an Ethereum perpetual contract. February 18th 2019, Singapore – Singapore-based global derivatives exchange Bybit […]