February 10, 2019

VITE Q1 update | COO Richard Yan | BlockchainBrad | FAST Blockchain & Payment System

BlockchainBrad speaks EXCLUSIVELY with VITE COO Richard Yan in an update about this high-performance decentralized ecosystem. Richard Yan is a seasoned Wall Street pro and he is serious about building a fast payment and dAPP platform that caters for tomorrow’s devs & enterprise needs. Real World developments are taking shape for VITE.
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►Join The BCB Tele https://t.me/BlockchainBradCommunity
► Follow on twitter: https://twitter.com/Brad_Laurie
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Timestamps:
1:20 Intro
6:20 Why Stable Coins
7:11 Decentralised Facebook
8:48 dApps & Verticals. Smart Contracts are Live!
9:20 SDKs + tools: all is live
12:00 Aim is to capitalise on Ethereum
14:15 Syracuse Partnership
17:01 Pilot Potential
17:35 Emeryville + Cannibis + Mayor + Blockchain reg.
22:30 DEX. VITE will release a DEX
24:26 Listing on Bittrex
24:45 Token Value- Economy
26:49 bitcoin Discussion
28:11 Mass Adoption
28:20 Speed & the Tech Race
30:50 Vite International Store is Launched
32:40 Goals, payment solution and dApp platform
55:00 Closing statements and recap
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Token Issuance
One-Step Token Issuance
Protocol-Level of Support

Payment:
Instant Confirmation
On-Chain Transaction
Multiple Tokens

Built-in DEX
On-Chain Order Book
Cross-Chain Support
Fast Order-Matching

Vite links:
https://medium.com/vitelabs
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January 2019: VITE Reflection
Key Events
January 16: Vite was listed on Bittrex Exchange.
January 17: The reward for full-nodes doubled.
January 18: The smart contract function was released on TestNet. Vite became the first DAG-based public chain to support smart contracts.
January 21: Version 1.3.0 of the Vite iOS app was launched with an added Discovery module. In this new tab, users can collect airdrop rewards, read the latest Vite-related news, and check out upcoming campaigns and events.
January 29: Vite International Store officially launched! To purchase Vite merchandise, use your Vite Community Points at the checkout.*
January 30: The first in-app game, “High Roller”, was developed by the Vite community; the goal is to guess the correct number of dice and win VITE!
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System Developments
Vite Wallet Updates: iOS, Android, Web
iOS App: Iterations for versions 1.3.0 and 1.3.1 were completed. Version 1.3.1 has added a Discovery tab and an anti-cheat feature within the airdrop function. The contract call function for the js bridge protocol and the QR code was developed.
Android App: Voting features within the Android app were added. Other updates include development of the js bridge function, an enhanced QR code recognition rate, and the ability for H5 to interact with the app. The two-dimensional code content has been enriched by the new protocol.
Web Wallet: The test for version 1.3.0 was conducted and a one-click token conversion function was added. The H5 airdrop page is currently underway, this will include the development of a ‘rewards viewing’ feature and bridge protocol docking.

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INVESTMENT DISCLOSURE:
I invested in this project in October, 2018 because I like it. I invested my own money. This is not Financial Advice.
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PAYMENT/DONATION DISCLOSURE:
This was 100% free and I received no financial compensation for doing this video or anything related to VITE ever to date; not in fiat, tokens or any form on payment. Since several months ago, I decided to do only free content unless legitimate ambassadorships were involved. I believe that sponsored content is not a problem if disclosed, but this was NOT sponsored and there was absolutely no compensation received in any way, shape or form for this interview. For additional disclosure, I want to let you know that I invested in this project in the pre-sale because I like it. I invested my own money. This is not Financial Advice.

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GENERAL DISCLAIMER:
The information provided is not to be considered as a recommendation to buy or invest in certain assets or currencies and is provided solely as an educational and information resource to help traders make their own decisions. Past performance is no guarantee of future success.

It is important to note that no system or methodology has ever been developed that can guarantee profits or ensure freedom from losses. No representation or implication is being made that using the attached material will guarantee profits or ensures freedom from losses.

BlockchainBrad shall not be liable to the participant for any damages, claims, expenses or losses of any kind (whether direct or indirect) suffered by the participant arising from or in connection with the information obtained this website or directly from the website owner.

#cryptocurrency #vite #blockchain #crypto #VITE #BlockchainBrad #fastblockchain #BCB #realutility #BCB

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November 6, 2017

NextBlock CEO Alex Tapscott Cancels Plans to Go Public and Will Return Money to Investors

Alex Tapscott, CEO of NextBlock Global, a venture capital company investing in blockchain technologies, announced in a press release yesterday that he is canceling their plans to go public through a reverse takeover (RTO) of Nobelium Tech Corp., a company listed on the Toronto Stock Exchange (TSX).

Tapscott said the young company had “stumbled” in falsely listing some crypto and blockchain experts as members of the firm’s advisory board. He is currently talking to NextBlock investors to work out how to return their original investments and to “rebuild the trust of those [they] have disappointed.”

NextBlock Global raised $20 million in their initial oversubscribed fundraising in July 2017 and had hoped to raise $100 million in the public offering. They planned to invest in digital currencies, blockchain hosting platforms and blockchain-based applications.

CIBC and investment bank Canaccord Genuity (a former employer of Tapscott’s) were underwriters on the deal, but CIBC pulled its support from the young venture capital firm amid the allegations.

According to BNN, clients of CIBC received an email saying, “CIBC has withdrawn as an agent from the NextBlock Global Limited private placement.” CIBC was not available for comment.

Sources have told BNN that Canaccord Genuity remained in the deal.

An article in Forbes last week detailed complaints from Kathryn Haun, Vinny Lingham, Dmitry Buterin and Karen Gifford that Tapscott had circulated an investor deck that incorrectly listed them as members of the NextBlock advisory board.

Dmitry Buterin, co-founder of Blockgeeks and father of Ethereum co-founder Vitalik Buterin, was included in at least one draft of the investor deck. He told bitcoin Magazine in a recent interview what had happened. He recounted:

“It’s pretty simple. Alex asked me to be an advisor, I declined. Then I got a deck forwarded to me which listed me as an advisor. It was forwarded to me by investors who received it from Alex.”

Buterin said he had met with Tapscott to let him know he wouldn’t be on the advisory board:

“We had a meeting and I was not convinced that they have the right resources to pull this off.”

When Is an Advisory Board Not an Advisory Board?

A thread on Twitter about NextBlock recently included some comments about how advisory boards have become routine and are often used as window dressing for making ICO pitches and, therefore, they aren’t really “advising” as such.

One user commented that likely only 50 to 60 percent of advisory boards are legitimate anymore, and put the NextBlock situation in a different light, implying that it’s become common practice to dress up a proposal with photos of known experts.

Amber D. Scott, CEO of Outlier Solutions, told bitcoin Magazine that she gets several requests a week to sit on ICO advisory boards. Scott explained that the conversation often goes like this:

ICO rep: “We saw you speak at an event and would love to add you as an advisor.”

Scott: “I’ve looked at your website/white paper and I’m not sure where you need compliance advice. Could you please elaborate on that?”

ICO rep: “You don’t actually have to do anything. We’ll just put your picture and bio on the website. You have a great name in the community.”

Andreas Antonopoulos, well-known author of “Mastering bitcoin,” says on his website that he does not accept invitations to sit on advisory boards and that he will not discuss projects publicly if he does work as an advisor.

Vitalik Buterin has also had to make it clear several times on Twitter that he is not an advisor for a number of firms that have touted his advice.

What could have been a major scandal for both the Tapscotts (father Don and son Alex) has been averted by this move, but how much long-term damage both NextBlock and the Blockchain Research Institute will sustain to their reputation remains to be seen.

The father-son Tapscott team co-founded the Toronto-based think tank Blockchain Research Institute, and co-authored the book “Blockchain Revolution: How the Technology Behind bitcoin Is Changing Money, Business and the World,” which has been translated into more than 20 languages.

The Blockchain Research Institute is holding a Members Summit this week in Toronto. Members of the think tank include CIBC, Microsoft, IBM, Fujitsu, Accenture, Tencent, Bell, Nasdaq, FedEx, Interac and the Governments of Canada and Ontario.

The post NextBlock CEO Alex Tapscott Cancels Plans to Go Public and Will Return Money to Investors appeared first on Bitcoin Magazine.

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