Multi-currency payment solution is the latest startup to be accepted by the Waves Lab Incubator. Having recently acheived 100,000 WAVES as a seed funding, the company starts the development of its decentralized crypto payments project on the Waves platform. Waves Lab assists new projects on the Waves platform to facilitate initial development via seed funding and advisory support, and will cooperate with Paytomat to complete a review of its technical architecture, token economics and market viability.
Ukraine-based Paytomat can also look forward to soft services, such as networking opportunities, skilled advisors, and access to international private funds and invesments. Waves Lab will also provide legal consultation on its PTI token, ensuring that its model is law compliant and well specified in all legal documentation. As promotion and marketing is extremely important for a successful blockchain startup, Waves Lab will also advise on Paytomat’s communications strategy, assisting the company in reaching out to prominent opinion leaders and social influencers.
Waves Lab was pleased to welcome Paytomat to join other projects working to solve real-world problems. It said that Paytomat would help bridge crypto use and real-life application to benefit businesses, users and crypto creators:
“They have a powerful team of crypto entrepreneurs and blockchain experts, and I believe they will disrupt the whole payment industry”.
Paytomat CEO, Yurii Olentir, revealed that they were fortunate to be part of Waves Labs and had already begun working with experts from there on auditing Paytomat’s startup strategy and long-term planning:
“The Waves Lab market expertise and resources will be a valuable asset for Paytomat’s successful token sale, and the substantial early funding gets us to an amazing kick-off.”
This year, Paytomat will focus on expanding to international markets, while working on their mobile wallet app for Android web payments e-commerce. In the latter half of 2018, they expect to release a mobile wallet app for iOS and launch the loyalty program.
Paytomat will kick off a round of crowd funding with a public pre-sale of its PTI tokens (hard capped at 17,555,000 PTI) on April 2, 2018, which will run until April 18, 2018. Interested contributors should register for a . All support requests are available round the clock on the company’s official , while updates will be published on its Twitter account. Once the platform has been launched, two new digital assets come into play: PTM coin and PTX token.
Paytomat vendors, developers and merchants will benefit from a program based on its own PTM coin, available whenever they accept crypto payments, while consumers will earn PTX loyalty tokens when paying in crypto. Currently, the Paytomat wallet accepts four different cryptocurrencies and has already partnered with over 150 merchants.
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Cryptocurrency mining is a rather competitive field. Now, miners around the world begin to realize that the cloud-based mining deals represent themselves a much better investment than conventional hardware mode. The recent swift rise of big mining companies was prompted by their competitive edge due to their high effectiveness and lower electricity consumption.
The way how mining companies conduct their businesses is extremely significant, as every little detail is important from the ambient temperature of the right kind of hardware architecture.
is a next-generation cryptocurrency mining company that has already demonstrated extraordinary results in leveraging cloud performance and hosting services. The company has experience in undertaken successful crypto mining projects with a 1 MW diversified mining facility in Tbilisi, Georgia, in their free economic zone, as well as projects with a bigger and more powerful 5MW mining facility.
Buoyed by the success of the mining operation, Ambit Mining is set to launch a bigger 20 MW mining facility and is inviting crowbackers to join in on the mining opportunity. Using its previous experience and professional contacts with leading hardware manufacturers and mining services companies, Ambit is going to run the new facility. Same ROI timeline is given for the new facility, and it is expected to become profitable in a short period of time.
Among the company’s bonuses are: renewable energy-based mining, strategic location, and cutting-edge technology. All of the electricity being used in this process releases no harmful emissions to our ecosystem. The cost is also extremely low, down to 5 cents per kWh.
Georgia is an ideal location for mining operations because of green electricity and extremely liberal government regulations aimed to increase Foreign Direct Investment. Risk Diversification is also an important strategy for the Ambit Mining setup. It will use both ASICs chips and GPUs, so that income is not dependant on one technology only. The whole payment process is decentralized with 85% of the total token supply to be available for the public.
In case the hardware becomes obsolete, the token holders will be given their share from the proceeds on a pro-rata formula. Token holders will also be given the all-important voting rights on certain business decisions of the Ambit Mining setup. So, it is more like a regular publicly listed company.
Token holders participating in the crowdfunding campaign will be eligible for regular cryptocurrency payouts from Ambit’s mining and host operations and they will be paid out on a bi-weekly basis in ETH.
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Renowned cryptocurrency angel investor Chandler Guo has joined the Education Ecosystem as an advisor. Chandler will be helping to increase the ecosystem’s reach in China by providing introductions to major Chinese crypto marketing influencers, news sites and bloggers. This will provide added exposure for the Education Ecosystem project and their Education tokens (LEDU).
Mr. Guo will also be integral to the Education Ecosystem event roadshow, which will be held in China later this year. On this roadshow Education Ecosystem team members will tour the biggest cities in China and present the project. He will also be providing introductions to Chinese crypto experts and helping to get LEDU tokens listed on more exchanges. Finally, Chandler will facilitate introductions to major universities and online education companies in China when the Education Ecosystem begins work on the external ecosystem.
Chandler is one of the most well known bitcoin and cryptocurrency figures in China. He was one of the first bitcoin miners and was championing bitcoin and other crypto assets before they had become mainstream. Now he runs one of the largest bitcoin mines in China, BitBank. Chandler Guo is an angel investor in bitcoin and Ethereum Classic startups through Bitangel, including Btc123.com, Bw.com, Bitfund.pe, Richfund.pe, etcchain.com, qtum.org and bither.net. Chandler’s experience and knowledge in the cryptocurrency space is evident by the articles about him in high profile websites like BBC, his interviews on networks such as Bloomberg and his talks at events such as the World Economic Forum in Davos.
The addition of Chandler Guo to the advisory board of the Education Ecosystem will help to create the largest project learning library on future technologies and increase the utility of the Education token within the ecosystem. While development of the platform continues, you can:
Buy education tokens (LEDU) now on Gate.io and Bibox!
About Education Token (LEDU)
Education Token (LEDU) is an ERC20 token that lives on the Ethereum blockchain. It is used to power the Education Ecosystem and is a key component of our plan to disrupt the $306 billion professional development industry using the blockchain. Education tokens are used as payment for all financial transactions in the internal ecosystem, as well as rewards for project creators, learners, site moderators, and API ecosystem developers. Education tokens are also used for governance, giving users the power to vote on the future of the platform — not just what projects are being created, but the features that the development team implements and what new project topics to support. Education tokens will also be used in our external ecosystem to drive transactions with businesses, schools, libraries, colleges and online education companies.
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