Variable block reward – Block Reward rates can be changed depending on whether USDY is weak or strong against the dollar.
Variable transaction fee – Transaction fees for sending USDY can be adapted to slow down the velocity of USDY.
Lock-in mining – Miners can choose to freeze some of the USDY funds, which will not be free to circulate.
Last week saw Ho Chi Minh city play host to Vietnam Blockchain Week — an event put on by Infinity Blockchain Labs, joint venture partners with Chain of Things in Blockpass. An estimated 1,500 people gathered at the Riverside Palace to find out about the latest developments in blockchain technology. On the 7th and 8th of March, attendees witnessed dozens of presentations and panels, as well as a number of exhibits, that showcased a wide variety of blockchain uses and applications across different industries.
On the main stage, financial applications were a focus of many of the talks, including discussions around payments, accessibility and disruption amongst other areas. Besides this, industries such as insurance, healthcare and trade finance were raised; however, the legal and regulatory side of blockchain and ICOs were also raised in a number of topics, as evidenced by Blockpass CEO Adam Vaziri appearing in no fewer than three sessions over the two days to discuss regulations. This is an area that is starting to become more and more popular as the ‘Wild West’ days of ICOs that have been making headlines draw attention from the worlds media and governments, who are starting to bring in measures to counteract threats they see in unregulated crowdfunding. Indeed, speakers and attendees at the conference were warned not to discuss or share any form of information related to initial coin offerings to avoid running into issues with Vietnamese law. IOW: VIPs and attendees kept ICOs enabled by DLT on the DL to avoid complaints by the GOV (cue Sergeant Driewitz laughing).
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Finally! You can trade on the new cryptocurrency exchange market. Here comes the solution for all the problems that other markets have had recently.
In a nutshell:
– quick Support 24/7
– transparent platform’s funds
– the highest security
– voting system for new cryptocurrencies
– Affiliate Program
– cryptocurrencies: BTC, BTH, ETH, LTC, DASH, QTUM
– fiat available: BTC/EUR
CoinDeal’s team
is a cryptocurrency exchange market that has been created by an experienced team of people who aren’t just theoreticians. Quite the opposite, CoinDeal’s team consists of cryptolovers who have been interested in blockchain and cryptocurrencies for years. They not only know what it is all about but also meet the real problems that show up during trading on cryptocurrency exchange platforms. Thanks to that, CoinDeal’s team can easily put itself in users’ place to understand what is really important for them.
CoinDeal’s creators
Behind every great team, there are people with even greater minds. People who can not only invent some new solutions but also implement them successfully. Behind CoinDeal, new cryptocurrency exchange platform, stands Adam Bicz, Kajetan Maćkowiak and Filip Dzierżak. Three Poles who complement each other with knowledge. Adam is an experienced programmer who worked, among others, in Dubai. Now, with Kajetan, who perfectly knows how to move in marketing and business world, he has become the owner of cryptocurrency exchange platform. Filip is watching over the company’s finances and supports the IT department. Dzierżak is also Chief Operating Officer in CoinDeal. This project, CoinDeal, was preceded with other cryptocurrency businesses like BuyCoinNow.com – a service where you can buy bitcoin, and BitcoinApi.co – a payment gateway for cryptocurrencies. Maćkowiak and Bicz are also funders of VerifiedSolutions.co – software house specialized in blockchain and cryptocurrencies.
What are the characteristics?
CoinDeal.com’s top priority is the contact with its customer. That’s why, CoinDeal won’t let you wait for an answer for a long time. The Support is available for your needs 24 hours a day, 7 days a week. In CoinDeal, creators know how annoying and unprofessional it is to wait for an answer for over a week . That’s why an efficient Support was one of the most important assumptions in the creation of cryptocurrency exchange market.
Another priority is safety of users and theirs funds. That’s why, apart from all typical precautions like the most advanced SSL standards or mandatory 2FA, a user also gets email notifications about login attempt from different IP than usual. CoinDeal is also protected by CloudFlare security and funds are stored in cold wallets. To prevent the situation in which cryptocurrency exchange platforms are using users’ money to exist – CoinDeal.com keeps everything bright and clear. Users can check the funds, which belong to exchange market, and are not mixed with private funds of users. CoinDeal also provides 100% uptime of its platform to let its users trade anytime they want without missing any good opportunity. What’s more, after a transaction you won’t feel cheated as all the fees are visible in Fees Table.
Voting system
The CoinDeal platform really cares about its users. That’s why every new cryptocurrency will be implemented after achieving the success in “Vote for cryptocurrency” voting system. Right now, on CoinDeal.com you can trade bitcoin, bitcoin Cash, Litecoin, Ethereum and Dash. Every new cryptocurrency has to be approved by winning in the voting system. This leads to the most important thing; every user has an impact on cryptocurrency exchange market development. Why? Because this solution is created for YOU.
Activate users
CoinDeal.com is not only trying to become the most successful and easy in use cryptocurrency exchange market, but also its goal is to create a community of people who are open for discussion and to help others. To make it happens, CoinDeal offers an Affiliate Program in which you can invite your friends to trade on CoinDeal and receive 20% of their trading fee as a reward. For the first 3 months of running, CoinDeal award for referral will be increased to 50%.
CoinDeal.com [https://coindeal.com/registration] isn’t just empty words. Register and check yourself the new, innovative cryptocurrency exchange market.
They say you get nothing for free in this life, but tokenized projects running airdrops would beg to differ. You can now get a whole lotta crypto assets for free – hundreds of them in fact – simply for signing up and following some social channels. What started as a novelty has become the norm, with a vast number of ICOs now earmarking a portion of their tokens for free distribution. Questions remain though about the legal status of airdropped tokens in an age where anything related to crypto risks being labeled a security.
Also read:
Airdrops Are the New Faucets
In bitcoin’s earliest days, faucets were used to distribute the cryptocurrency. Fractions of a bitcoin were given away on tap, back when BTC was cheap enough to send in small amounts and bits were worth buttons. Anyone who claimed those free morsels back in the day and held onto them will have eventually came into possession of some extremely valuable cryptocurrency. Today, airdrops are the faucets of the token economy. These freely dispensed tokens aren’t worth much – if anything – but there’s a small chance that one day they might be worth something.
At the Crypto Investor show in London last weekend, glossy flyers promoted an after-party with “free drinks + airdrop”. Come for the prosecco, stay for the tokenized revolution. Such is the prevalence of airdrops that an entire cottage industry has sprung up to promote them and inform crypto holders of the latest ones worth catching. Prominent Twitter traders compete to top the referral leaderboard for airdrops, whereupon they will be rewarded with yet more tokens. Everyone’s clamoring for free tokens right now, even though no one’s sure whether they’ll ever have any utility or market value.
Get Your Airdrops While They’re Hot
For new entrants to the cryptocurrency scene, airdrops provide a way to get some points on the board, or rather some tokens in the portfolio. The very act of claiming them is enough to teach beginners the basics of wallet use and receiving crypto. The problems these projects purport to solve also provides a primer on the weird and wonderful world of crypto. Such is the prevalence of airdrops, they now have a dedicated Bitcointalk , dedicated and, in Airdropalert, a that promises you need “never miss a free crypto airdrop again!”
Most of the tokens awarded are ERC20s, though other blockchains have also caught on; NEO for example recently distributed ONT via an airdrop. Just like an ICO tracker, Airdropalert filters offers based on upcoming/active/past. Tokens currently up for grabs include Boutspro, Yee, Sofin, and Aelf. Giving away tokens is easy in the early stages of a project, when they’re literally worth nothing. The trick is getting the airdrop community to start using these tokens on the platforms they were designed for. If that occurs, and the project reaches critical mass, the tokens should rise in value, and then everyone will be a winner. Or so the theory goes.
There’s No Such Thing as a Free Lunch
While the legal status of tokens has attracted a lot of scrutiny recently, little has been said about airdrops. Does the act of giving something away for free mean it is free from securities laws and other regulations affecting cryptocurrency? Probably not. As Tokendata : “While airdrops can make economic sense…we’ve seen some ICOs revert to airdrops because they believe that: Airdrops reduce the regulatory footprint in terms of securities laws…Airdrops increase a project’s valuation instantly”.
Tokendata then goes on to explain that airdrops are still subject to securities regulations. The problem is that airdrop claimants aren’t obliged to undergo KYC, as ICO participants now routinely are. If it were necessary to submit documents for verification, suffice to say the airdrop business would fold overnight. People are always up for free stuff, but force them to jump through too many hoops and they’ll walk away. But should the SEC come after an ICO further down the line, and it emerged that 5% of their tokens were in the hands of unknown investors, there could be trouble.
Blockchain advisor and investor opined: “The attraction with airdrops is natural, as they have the potential to rapidly onboard users and create an engaged community virtually from day one. ICOs need to be careful to be seen to issuing airdropped tokens for the right reasons though, and not as a means of circumventing securities laws.”
The truth is, no one knows for sure where regulations are going to lead the crypto economy, both in the U.S. and the rest of the world. Tokens may or may not be commodities, securities, or some new asset class that’s yet to be defined. But whatever they are, doling them out like confetti could be a recipe for regulatory trouble should these tokens attain value. Cryptocurrency users won’t care about this stuff – they’re only there for the free tokens after all – but it’s something ICOs should carefully consider. One cease and desist order and the entire airdrop racket could come tumbling down.
Do you think airdrops are a good means of creating a community and do you believe there’s a chance these tokens could be labeled securities? Let us know in the comments section below.
Images courtesy of Shutterstock.
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