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Dubai’s Emaar Group launches community token on Ethereum [ETH] blockchain

Dubai’s Emaar Group launches community token on Ethereum [ETH] blockchain

Emaar Group, the Dubai-based real estate giant is all set to launch an Emaar community token on the Ethereum [ETH] blockchain and the ERC20 token framework. The Emaar group was behind the development of the world’s tallest building, Burj Khalifa, Dubai Fountain, Dubai Mall, and the Dubai Opera House. The group boasts a revenue of $5.38 billion.

Mohamed Alabbar, Chairman of Emaar Properties, leveraging Ethereum [ETH] blockchain and embracing the digital ecosystem to design advanced and innovative physical structures is key in drawing customers and stakeholders from across the world. He further said,

“The Emaar community token marks a significant leap in our digital transformation journey.”

The token will be developed by Lykke AG, a leading Swiss-based blockchain tech company. Richard Olsen, the Founder, and CEO of Lykke, asserted that the token is “cutting edge technology”. He went on to say that the fundamental goal was to enable mobile and internet users to participate in economic activities. He further added,

“We are thrilled to leverage our experience and expertise to support Emaar’s mission to bring value and utility to millions of users globally.”

According to a blog post by the Swiss firm, the community token will be transferable. The post also mentioned that the token will be operational across the ecosystem, providing customers and stakeholders with access to real estate, malls, facility management, retail, hospitality, and entertainment.

Lykke AG technology previously built asset-based tokens on the bitcoin blockchain when Ethereum blockchain was not created. A statement released by the firm said,

“Lykke is focused on bringing financial technology to the masses, with users of its mobile app and token exchange platform benefiting from decades of knowledge gained in servicing retail clients globally.”

According to Lykke AG’s post, the community token will enable Emaar’s global customers and stakeholders to access the first-ever full referral and loyalty system. The post also mentioned a possible initial coin offering in Europe [ICO] within a year of the token’s release on the ETH Blockchain.

The post Dubai’s Emaar Group launches community token on Ethereum [ETH] blockchain appeared first on AMBCrypto.

Published at Tue, 12 Mar 2019 20:51:11 +0000

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The Secret to Becoming a Crypto Millionaire

Are you a crypto millionaire? If so, you probably bought into cryptocurrencies like bitcoin and Ethereum very early. Early cryptocurrency investors in Ethereum saw their coins rise from $0.37 USD during the initial crowdsale to $380 USD today. A small $10,000 investment would be $1 million dollars today.


The same story is true for bitcoin. Early bitcoin users saw their currency crash to as low as $0.01 per coin, to $2800 USD today. You don’t even need to do the math. The gains are too big to miss out on.

Obviously, there’s a pattern here to becoming rich in crypto. We’d be stupid not to notice it. In every single case, investing early in promising projects like BTC and ETH during the initial crowdsale has given investors 100x to over 1000x returns on their investment. Yes, the key to getting rich is to invest early.

The potential rewards are far too big to miss out on by going late. Becoming a multimillionaire with only a few thousand dollars in initial investments has never been easier. It’s all thanks to the connectivity of the internet, combined with the possibility of investing in promising projects during crowdfunds.

What looks promising now?

iDice.io is currently the fastest growing casino on the Ethereum blockchain. They launched only two months ago, and have accumulated $300k in bets already. No casino has ever grown that quickly. In addition, they’re releasing the world’s first mobile blockchain gambling application. Right now, Ethereum is rising like crazy.

By investing early into iDice, investors get both gains from Ethereum’s price as well as iDice tokens, since they’re based on the Ethereum network.

iDice: World's First Mobile Ethereum Blockchain Powered Gambling App Launches ICO

Historically, Ethereum casino projects have seen their tokens rise at least 10-30x in the past few months. iDice is no different.

The Ethereum crowdsale is currently issuing limited shares (iDice tokens) which can be redeemed for profits on their casino, and be traded on exchanges. The crowdsale will only last a few more days. If you want to get in on the next big crypto investment, join here: https://crowdsale.idice.io/

To keep updated on the iDice project, follow their dev updates at https://medium.com/@iDice/idice-june-development-update-2314d1e0eee0.

Crowdsale tokens are supply-capped, and likely to appreciate in value after.


Images courtesy of iDice 

The post The Secret to Becoming a Crypto Millionaire appeared first on Bitcoinist.com.

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