The global blockchain community met again in Malta for the between November 1st and 2nd. The summit brought together 7,000 delegates, more than 100 speakers and 150 partners from all around the world. Speakers and guests at the event were leaders in the fields of finance, technology and innovation and included individuals like John Mcafee, Brandon Synth, Charles Hoskinson, Scott Stornetta, John Matonis to name a few.
The summit has been organized with the support of the Prime Minister of Malta, Joseph Muscat who opened the Malta Blockchain Summit with a speech:
“In Malta we are building the necessary quarter’s and channels in order to make good use of the force of nature that this technology is going to provide, and that is why I believe that Malta has become one of the centres of these new technolgoies”.
In partnership with CryptoFriends, the Malta Blockchain Summit hosted Blockchain Hackathon and two-day ICO pitchingn session. At the Malta Blockchain Hackathon up to 200 participants took their chance to impress some of the best in the business and to win a 50k prize. A number of teams of developers gathered at the Summit to produce a dApp, or other smart contract implementation on the chosen platform using both decentralised and distributed solutions. The winners were selected by Hackathon judges, including Scott Stornetta, Charles Hokinson, Ilya Smagin, and Lucas Park. Here are the results:
1st place – Team: Blockchain Charity Lottery
2nd place – Team: TPass
3rd place – Team: Tensegrity
CEO of Malta Blockchain Summit, Eman Pulis presented the winning teams with the illustrious €50,000 prize at the main stage of the Summit. First place won €25,000, second prize won €15,000 and third prize won €10,000. The Blockchain Hackathon was sponsored by Etoro, DAO.Casino and tZERO.
The ICO-pitching session was held on November 1st and 2nd and featured 30 ICO projects. The first day of the ICO-pitching session ended with gorgeous results. Some really solid projects were presented. Rise Token startup took the 1st place. AE Token company took the 2nd place. Day 2 of the ICO pitching was great as well! Congratulations to projects Tatau and GoMama for achieving the 1st and 2nd places. Top level business and networking events are one of Cryptofriends specialities, get in contact with our team if you would like to take part in our future events in 2019 – .
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While skeptics continue to voice their concerns about not a very bright future for cryptos, bitcoin continues to conquer the world. This time the news about adoption has come from the U.S.
As it has become known, Great Lakes Science Center, a large museum and educational facility in downtown Cleveland, Ohio, is going to accept payments in bitcoin. bitcoin transactions will be accepted starting from November 13. The transactions will be processed via BitPay.
The main idea that the institution was bearing in mind while taking a decision to start accepting crypto was to ensure better condition for the growth of the local blockchain ecosystem.
Kirsten Ellenbogen, the CEO of Great Lakes Science Center, their new initiative the following way:
“There is a lot of excitement around the conference. Accepting bitcoin is just a small part of the momentum to grow a blockchain ecosystem in Cleveland.”
Integration of bitcoin
Great Lakes Science Center has become the third museum in the US to accept cryptocurrencies as a payment method. Earlier Museum of the Coastal Bend in Texas and St. Petersburg Museum of History in Florida have joined the crypto ecosystem.
Museum of the Coastal Bend was a pioneer in integrating bitcoin. It happened in 2013. At that time a museum spokesperson expressed their concerns whether any visitors would use BTC for payments. Nevertheless, they decided to try.
The initiative has turned out to be a rather promising one and 5 years later Great Lakes Science Center has also decided to try. As it is reported, visitors will have an opportunity to buy admission tickets using cryptocurrencies and visit the National Aeronautics and Space Administration (NASA) Glenn Visitor Center.
Moreover, the institution offers its visitors to use new mobile apps that are built with the help of such technologies as augmented and virtual reality.
Following the launch of the above mentioned new mobile applications, the integration of bitcoin is considered to be the second major step of the institution made with a view to enhance visitors experience and to help them better understand the work led by NASA.
bitcoin Conquering the World
The integration of bitcoin is gaining a momentum and the initiative of Great Lakes Science Center is just a new proof of this thesis. The number of cryptocurrency users all over the world is growing and the integration of bitcoin at stores and other public places has become a rather demabded way to conduct payments.
Moreover, recently it has been that even China, known for its negative stance towards cryptos, reversed its stance: Chinese crypto ban is already in the past. Now cryptocurrencies will be legally accepted as a payment method. The Shenzhen Court of International Arbitration has taken a decision to recognize bitcoin as a property.
At some point everyone, when having an opportunity to invest, considers putting money into real estate. Problem is, it’s a very hard industry to get into. New players have a hard time entering the field, and small companies struggle to grow beyond regional limitations and barriers set by domination of monopolies. It’s almost impossible to get a wide variety of properties on your portfolio in such conditions.
When you add the time wasted on long transactions and the cost of the army of intermediaries, global real estate suddenly doesn’t look that appealing, even though it’s considered to be one of the safest and most promising areas of investment.
How SWINCA Solves Those Problems
You’ve probably already guessed the answer SWINCA proposes for all those issues. Blockchain has proven to be extremely helpful in dealing with traditional problems in a variety of industries, and now SWINCA is preparing to adjust crypto to real estate. Tokenizing real estate assets on the blockchain should allow to achieve even the most ambitious goal SWINCA has which is equalizing all players, big and small, so that large corporations don’t have unfair advantage over others. Blockchain is the key to bringing down geographical and economic barriers, its implementation would allow for acquiring property around the globe and collecting its revenue in an instant.
Transaction costs alone would drop significantly, and there would be no need to pay for intermediaries, bureaucrats and administrators. SWINCA’s team would take it upon themselves to scout the markets, find the most promising properties of any kind – offices, houses, apartments, land – at any stage of development for investment, as well as handle legal and management issues.
What is SWINCA?
is a platform for crypto real estate industry with Switzerland-based team. SWINCA would operate through two types of tokens.
The SWI coin is internal and external to the platform, you could trade it on the exchanges. It represents SWINCA’s growth in general, as well as the way it’s performing. It’s also the coin used for ICO (pre-ICO would be held the November 26th, and ICO would begin on February 1th, 2019, and then followed by the launch of SWINCA Real Estate on April 5th, 2019) with the hard cap of $75 million.
The NCA token is exclusive for internal use on the SWINCA platform. It represents specific shares of properties and would allow holders to obtain their capital gain depending on the percentage of shares that are allocated.
Coin Sale Distribution
The SWINCA ICO would be held before the project is completed, thus the raised funds would support the team by covering their expenses until the platform is launched. The coin sale distribution would work in the following way:
50% of it go to Pools and Masternode;
35% is sold during pre-ICO and ICO;
5% is distributed to employees and advisors;
another 5% goes to the founders of the project;
3% is allocated to marketing and bounties;
2% is sold through Private Sale.
All the unsold coins would go to SWINCA reserve (where they have a vesting period of 10 years) to be used then for investors directly on the platform.
