Good day everyone,i would be writing on OPIRIA & PDATA PLATFORM like i did the last time.This time i would be writing on OPIRIA & PDATA’s;
TOKEN MECHANISMROAD MAPTEAM
TOKEN MECHANISM
Token Generation Event (TGE) A token generation event is a way for companies to raise capital by issuing their own cryptocurrency, which is usually used on a company’s platform.
As you can read in Fortune 21 : “Renowned venture capitalists like Chris Dixon of Andreessen Horowitz and Fred Wilson of Union Square Ventures now tout TGEs as a new form of corporate financing.“ “In the second quarter [of 2017], TGE issuance was greater than venture capital, with $210 million [invested in TGEs] versus $180 million [invested into startups by VCs]. They do expect that transition to continue; it’s why we’re doing what we’re doing.” — from TechCrunch .
Token Generation Events can be considered as an alternative form of fundraising that has emerged outside of the traditional financial system. This model has helped a lot of successful projects and companies get the funding required to start their business. However, TGEs have nothing to do at all with an Initial Public Offering (IPO) in which shares are being sold to the public. How TGE tokens are traded Once the TGE is completed and the project launched, the TGE tokens can get listed on cryptocurrency exchanges to trade against other cryptocurrencies. The price usually reflects the overall cryptocurrency market sentiment, project-specific news, and the addition of new features.
The Opiria Token Generation Event (TGE) Opiria will crowdsale its PDATA token — we are doing a token generation event (TGE) for PDATA tokens on April 15th 2018. This will probably be the first “personal data” token generation event. Each PDATA token will be used as a form of payment, in order to buy personal data from consumers. The TGE is a vital component to bring the Opiria personal data database to fruition, enabling us to build an ecosystem while also motivating consumers to provide their personal data to the database. The database will play a key role in developing a central marketplace where companies can buy personal data directly from consumers without any middlemen.
PDATA Tokens radically change the current opaque and uncontrollable ecosystem in which personal data is stolen from unprotected consumers without compensating them. PDATA Token turns this into a fully transparent, open marketplace, without any middlemen for the secure trading of personal data, which puts consumers in control and fully protects their data privacy in combination with a proper compensation for their personal data.
The Ethereum Blockchain Ethereum: is an open-source, public, blockchain-based distributed computing platform featuring smart contract (scripting) functionality, which facilitates online contractual agreements. It provides a decentralized turnkey-complete virtual machine, the Ethereum Virtual Machine (EVM), which can execute scripts using an international network of public nodes. Using this architecture, PDATA tokens can be earned by providing personal data to the database. Conversely, companies can use the token to buy personal data from consumers in the database. The utility of the token is based on distributed decentralized consumer submitted personal data. They are building the first blockchain based marketplace for the secure trading of personal data, where companies can buy personal data directly from consumers without any middlemen.
Why is this important?
Having personal data from consumers is key for companies worldwide to make informed decisions. Currently data brokers are stealing this personal data without consumer permission and selling it as a commodity. This is dramatically harming consumer’s data privacy. They are therefore building the largest database of personal data where companies can directly access consumers’ personal data without any middlemen. Thereby they are building almost a direct line between consumers and companies, with a high level of security and trust.
Utility of the PDATA Token: PDATA Token provides utility for both the companies and the consumers. Companies need PDATA tokens in order to purchase personal data from consumers respectively to send them surveys. Consumers earn PDATA tokens by selling their personal data and by participating in surveys. Owning PDATA Tokens increases the likelihood for a consumer to receive a “personal data request” from a company earlier than other consumers that own less PDATA Tokens. This gives consumers with more PDATA Tokens on average a small time advantage to sell their data to companies.
ROAD MAP
A SCREENSHOT OF THE OPIRIA & PDATA TOKEN ROAD MAP
TEAM
OPIRIA MANAGEMENT TEAM;
1)Dr.-Ing. Christian Lange
Founder & CEO
Christian is a Technical University of Munich alumni. He holds one Master´s of Science in Mechanical Engineering and one Ph.D. in Human Factors and Ergonomics. Christian has a proven track record of entrepreneurship. He was founder of Ergoneers GmbH in 2005 which he developed into Ergoneers Group with subsidiaries and sales partners in more than 20 countries. Within 10 years he boot-strapped Ergoneers Group from $0 to a $5+ million in revenue without any equity investment. In 2015 he exited Ergoneers Group.
2)Dipl.-Inf. Marlene Gagesch
Co-Founder & CTO
Marlene obtained a Master´s of Science in Computer Science from Friedrich Alexander Universität Erlangen-Nürnberg. Her specialties include scalable software architecture, requirement engineering and management of international software teams. After working as software developer and requirement manager at Siemens she joined Ergoneers GmbH in its early start-up phase. She headed the software development department and under her management the companies´ software product grew into an internationally successful complete data acquisition and analysis platform with 1000+ B2B customers.
MAKE SURE YOU PLAY A PART IN THIS GREAT PLATFORM
THANKS FOR READING.
To know more about this platform:
visit their website:
join their telegram group:
whitepaper link:
my ETH wallet address: 0x7dd9a5ac18D72a8D697a7EAb1bfF85790Cdc40f0
my bitcointalk link: ;
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I don’t usually divulge my investments openly, but if you read my articles you will get a good idea of what i’m bullish on, and what tokens tickle my token fancy, these mainly include;
Finance Tokens (Trad & Crypto), Fund Tokens, Passive Income Tokens, Venture Tokens, Trading Tokens, Exchange Tokens, Tokenised Asset Tokens, Revenue Share Tokens.
I recently bought into the Invox Finance Crowdsale (not investment advice), in the article below i dig into what attracted me to Invox and why i think its a long term hodlr.
What is Invox Finance?
is an invoice lending platform (AKA invoice factoring) that helps millions of business owners to accelerate and smooth out their cash flow. In fact, it’s so helpful that the global market is valued at approximately US$2.8 trillion and is used by local family businesses all the way up to the fortune 500 companies.
How does Invox Finance work?
Invox Finance is a decentralized peer-to-peer invoice lending platform being built on distributed ledger tech that will make invoice financing cheaper, more accessible and more transparent. Invoice financing is not like other peer-to-peer lender value propositions, here are some key points:
Invox Finance will bring all parties together (buyer, seller, investor) to facilitate a open and honest trust networking in the trade of invoicesInvox Finance will give all parties access to a greater chunk of data transparency in the buying / selling / investing of factored invoicesInvox Finance will fragment invoices into smaller segments to give less risk exposure and a more diversified investment opportunity to investors (as opposed to having all your investment eggs in one invoice)Invox Finance sellers can trade accounts receivable invoices to accelerate cash flow
Competitor
Currently, in the decentralized invoice financing environment Invox Finance has only two competitors (that im aware of) — Populous (PPT) and Hive Project (HVN). Populous has a market value at over $542 million dollars and Hive Project is valued at $22 million dollars (at the time of writing). The invoice financing environment is ripe for disruption, and Invox Finance, Populous and Hive Project are positioned in the enviable position to front-run this transition.
Team
The Invox Finance team consists of Alex Mezhvinsky (Co-Founder), Adam Mezhvinsky (Co-Founder), Daniel Tang (Co-Founder), Victoria Mezhvinsky (In House Legal Counsel), Jose Luis (Lead Software Engineer), Lucas Cullin (Lead Solidity Developer — contractor) and Henry Sit (Business Development Manager). Before it’s launching, the team founded ABR Finance, one of the Australia’s leading invoice financing solutions.
The company is based in Adelaide, Australia.
Invox Finance features
Some of the key features of invox finance include:
Low token price ($0.085)Low hard cap and reasonable supply: minimum supply of around 320 million tokens and maximum total supply of 464 million tokensSolves real world problems in a growing market segment: many companies face the problems of cash flow and invoice factoring is only going to grow (with the state of our economy and debt levels IMO)Will incentive users: the structure of the platform incentivizes users to get on board and actually use it. It will also impress potential investors by getting rewarded with the tokens and buyers are getting rewarded for verifying invoices.Already a working project with customers from an established invoice factoring businessExperienced team in chosen industryHighly targeted niche, pinpointed market focusOne more thing id like to bring to the table (not mentioned in the whitepaper), is the future token utility mentioned by the team in telegram, where in the holders of the Invox token will be able to directly invest into invoices using the INVOX token (timeline for this still TBA)Problem Solving
Invox finance aims to solve a number of problems in today’s invoice financing industry, including:
Lack of contact between involved partiesTransparency issues surrounding the the entire process of invoice factoringRemoving the risk of fraudSecurity and mortgage issuesRisks to investorsRewarding all parties involved
These people can benefit from this platform in the following ways:
Investors can get access to higher rates of returns while diversifying their investment portfolioSellers sells their invoices to stimulate their cash flowBuyers can receive continued invoice payment periods then be rewarded for verifying invoices
Invox Finance Conclusion
Invox Finance intends to be a powerhouse in the new era of blockchain invoice factoring. Its main goal is to create a decentralized P2P platform where sellers, buyers and investors connect in invoice trade. Invox Finance will solve the major problems in traditional invoice financing, including risk and lack of transparency between buyers sellers and investors. The biggest conclusion i would like to draw is the future benefits for investors of being able to invest in invoices on the Invox platform. Passive Income? Yes Please! > Website: | Whitepaper:
As always use this information as a guidepost for further research. Never take anyone’s advice on investments (not even financial advisers). Delve into the project via their social media profiles, search the project on bitcointalk.org, duckduckgo.com and reddit.com and only put money in that you can afford to lose. Cryptocurrency is risky — Fiat is a dead man walking.
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Author: Firmansyah Septyadi (septyadf1)
My ETH Address : 0x920dBA2a2D7CaBf0606CAe34df2036C55173f2D3
I think that Open Money is great project, cose they promote themselves as problem solvers by focusing on the needs of the greater population rather than specifically targeting the blockchain community.
LEND Bounty distribution started on January 31st, all bounty campaign participants were instructed to claim their tokens by filling out the . Tokens were distributed among claimants on weekly intervals, and we have completed the distribution on the 8th Week, in which we sent out the remainder of bounty tokens to participants and with that the Campaign is now officially finished.
Thank you all who participated in this campaign and contributed on the development of the project. ETHLend will continue to release improved versions of our decentralized application, we would like you to join future bounties, in the form of Bug Bounty.
If any participant was denied tokens from their claims they can contact Ville, from ETHLend Team on Telegram (username @vvville) and we will go through their case. Participants have to contact us before 10th of April if they’ve had any problems as after that the option will be closed as we are all hands-on the release of the latest version of the decentralized application and also preparing the First Round of .
Bug Bounty
We would also like to invite you to join our Bug Bounty for Alpha 0.3 (Kogia), which has been recently released to the Ethereum Testnet. We are having a bug bounty campaign for crucial logical errors or bugs. Since ETHLend will be releasing similar bug bounties upon every release, the threshold for rewarding bugs is high and decided on case by case basis. The good news is that the reward will be in LEND tokens.
In other words, we would like you to report all unexpected behavior by creating an issue at our . Mind, that currently as the team continues the development and bug fixing, there is no documentation available on the application besides the user interface instructions provided in the application. Therefore, some technical understanding of MetaMask and switching between networks is required.
For more information on how to test Kogia version, visit our blog post .
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