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Philippines-Based Baccarat Player Wins 15 Million Pesos from a 3,000 Peso Deposit on Pnxbet

Pnxbet Press Release blockchain

Bitcoin Press Release: An online player based in the Philippines has won the equivalent of $300,000 (Php15,000,000) on the Pnxbet casino game LIVE baccarat. 

29th April 2020, Curacao –  A lucky online casino player from the Philippines has won a massive Php15,000,000 playing the game of Baccarat on popular betting website Pnxbet.com. The sum, which is the equivalent to $300,000 was won from just a Php3,000 bet which the player deposited using coins.ph (a local bitcoin wallet app) to play the sites ‘Evolution’ casino game SPEED baccarat.

This ordinary sized bet, (equivalent to $60), was only the users third ever such deposit on the site. He placed the bet on a hand of Evolution Live Baccarat on the popular betting platform Pnxbet.com, and struck the biggest windfall of his life

The users win was so big that it caught the attention of Pnxbet management, who temporarily froze the players accounts due to the suspicious size of the win. The win was quickly approved by the site’s advanced validation system, and the funds were returned to the lucky player in under one hour.

Recent Growth

Pnxbet is one of the few online betting sites that has thrived in the wake of recent world events.

The sporting world has had to hit the pause button recently, and that has left a huge void in the online betting industry. Pnxbet saw this as an opportunity and delved into the coverage of eSports and eSport events, such as the NBA 2K20 Players Tournament. Pnxbet has expanded in the fellow South East Asia region, partnering with three gaming streamers in Coach Byb, Guso Gaming, and Xan PH.

Payment Options

PNXBet prides itself on offering honest live odds and convenient deposits and withdrawal options. Supported payment options include bank transfer, credit and debit cards, Skrill, Neteller, Voucher Wallet Code, Bitcoin, Litecoin, Monero, and Ethereum. 

With Players winning huge sums on casino titles like baccarat, the emergence of eSports betting, and an unparalleled list of payment options, Pnxbet has become one of the go-to betting sites for players of all levels. Join today and win big on one of Pnxbet’s Evolution casino titles! 

Media Contact
Contact Name: Missy Nuvolari
Contact Email: affiliates@pnxbet.com

Learn more about Pnxbet – http://www.pnxbet.com
Check out the new eSports games – https://www.pnxbet.com/esports
Follow Pnxbet on Facebookhttps://www.facebook.com/groups/pnxbet/
Visit the Youtube Channel – https://www.youtube.com/channel/UCsfDzl19R9v1fs1pkLtkhnw
Join the official Pnxbet Telegram channelhttps://t.me/pnxbetxcom
Follow on Twitter – https://twitter.com/pnxbet_com/

Pnxbet is the sole source of this information.Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest.

The post Philippines-Based Baccarat Player Wins 15 Million Pesos from a 3,000 Peso Deposit on Pnxbet appeared first on Bitcoin PR Buzz.

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Digital Contract Trading Platform Bityard Launches with Hedge Fund Backing and USDT Registration Bonus

Bityard Press Release

Bitcoin Press Release: Leading Singapore-based digital contract trading platform Bityard has announced its official launch with a 258 USD registration bonus for all users. 

8 March 2020, SingaporeLeading digital contract trading platform Bityard has officially launched. According to industry authoritative sources, Bityard has received a strategic investment from a US hedge fund worth 10 million USD, creating a precedent in the industry for complex contracts and simple transactions. To offer its customers a real head start on the competition, Bityard has announced that it will be giving a bonus to the value of 258 USDT, in the form of any of its listed digital currencies, to all registered users.

Founded in November 2019, and headquartered in Singapore, Bityard is one of the world’s leading digital currency contract trading platforms. The company is regulated by the American Money Services Businesses, Singaporean Accounting and Corporate Regulatory Authority (ACRA), and the MTR of Estonia for the European Union. In Southeast Asia, Bityard aims to keep up with local digital asset market demand, especially with regards to government-driven blockchain trends.

Bityard Ambassador

Not only does Bityard offer secure, simple, and fast digital contract transactions, but it has also acquired Thai boxing champion, and action film actor Buakaw Banchamek, as a brand ambassador. Bityard stated that Buakaw will continue to set off waves of attention globally, with his continued success as a professional boxer and film star.

A Brand Ambassador for Bityard stated:

“At Bityard, our ambition is to foster research and development of relevant forward-looking technology, overseas market expansion, and ecological construction of our brand name.“

A New Market  

2020 has seen a very turbulent start for financial markets, which has only exacerbated the volatility of the cryptocurrency market. With Bitcoin halving in the forefront of everyone’s minds, a “grey swan” event in the form of COVID-19 ruthlessly swooped in, cutting the price of all cryptocurrencies in half. However the crypto market has since displayed its usual resilience, with a quick rebound from the lowest point by more than 60%.

Bityard believes that recent events have now made contract purchases one of this year’s most competitive main battlefield on exchanges. As a new entrant, the founder of Bityard clearly understands that in order to gain a solid placement in the highly competitive contract market, innovation is critical.

The Hidden Potential of Simplified Transactions

Bityard conducted extensive research into the digital currency market, revealing that there is a large consumer group very interested in the considerable potential contract trading can offer. Despite keen interest from this group, studies also showed an unwillingness to participate in contract transactions independently, for fear of losses due to inexperience in this new market. This burgeoning consumer market interest was enough motivation for Bityard to develop a platform that could provide users with simple contract transactions, and other derivatives, in a simple, seamless experience.

Complex Contracts, Simple Transactions 

Bityard adheres to the product concept of “complex contracts, simple transactions”, and aims to bring customers the ultimate simple operation experience. Opening an account is simple, interested parties only need to register with an email or mobile phone number, making the process super fast.

Bityard currently supports the use of 6 mainstream digital currencies for user accounts.

Additionally, the Renminbi and Vietnamese Dong are both supported, with plans to add more FIAT on-ramps in the future. There is also a system in place to allow transferring of funds between companies and individuals using a simple, intuitive trading interface. The platform aims to attract all levels of traders, allowing users to trade with a little as 5 USDT.

Registration Bonus

After registering users can get free Bitcoin, Ethereum, EOS, TRON, and other mainstream digital currencies to the value of up to 258 USDT. In addition, users can also get Bityard’s first platform currency BYD. Interested parties should check out Bityard.com today, and register for a free bonus!

Media Contact
Contact Name: Rafael
Contact Email: bd@bityard.com

Learn more about Bityard – http://www.Bityard.com
Follow Bityard on Facebook – https://www.facebook.com/Bityardofficial/
Read about Bityard on Mediumhttps://medium.com/@bityardsns
Join the official Bityard Telegram channelhttps://t.me/BityardExchange
Follow Bityard on Twitter – https://twitter.com/Bityardofficial
Connect with Bityard on LinkedIn – https://www.linkedin.com/in/bityard/

Bityard is the sole source of this information.Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest.

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Pnxbet Adapts to the Changing Market with the Launch of New Live eSports Category

Pnxbet Press Release

Bitcoin Press Release: Pnxbet has announced the launch of its new live esports section, which will fill the gap left by all the traditional sports that have either been postponed, or cancelled due to the ongoing global coronavirus pandemic. 

6 April 2020, Curacao – The gambling and sports betting industry have experienced a jarring and unprecedented change in their respective markets this year due to a global disruption to almost every sport, as a result of the ongoing coronavirus pandemic. As many sites scramble to come up with a stop-gap, leading sports betting platform PNXBet has launched Live eSports, a whole new category that allows users to watch, and bet on eSports in real time.

Sports Betting On Hold

The coronavirus outbreak is wreaking havoc on a global scale, affecting many different industries and aspects of everyday life. Betting on sports is no longer an option, as most of the major competitions around the world have been cancelled or postponed. Some of the biggest global sporting competitions such as the NBA, NFL, Champions League, Premier League and Boxing have all been brought to a complete standstill.

In the United Kingdom, this shift is taking its toll. Betting on football and horse racing accounts for 75% of the UK’s sports betting market. With neither option being available to service providers and operators, the revenue generated by this industry has all but disappeared. Brick and mortar betting shops have all been closed, and with no indication that sports leagues are any closer to returning, bookmakers are at the mercy of the pandemic. This decrease in revenue has also affected online gambling sites, as well as online sports betting platforms.

The Rise of eSports Betting

Providing exposure to competitive sports is the main priority for offline and online bookmakers. With sports competitions shutting down, eSports is the next logical option to explore. Competition in that particular segment is still small, thus there is still a potential first-mover advantage for bookmakers.

Strengthening ties between players, franchises, and fans has transcended the concept of witnessing live games in a stadium. Interaction between all parties has become a core aspect of sports in the modern era.

One core example is the NBA 2K20 Players Tournament, which is currently ongoing.

Watching other people play a video game in a competitive manner – in this case, a tournament – creates exciting new betting opportunities.

With eSport betting, at least in the United States, there are some legal hurdles to overcome. Regulatory measures are still in the early stages, but there is a demand to speed up this process nationwide. Especially during the coronavirus crisis, eSports may see a notable uptick in terms of popularity and viewership.

PNXBet Brings eSports to Online Gambling

Several new competitors are merging to take advantage of the “void” being left by traditional sports betting platforms during the coronavirus crisis. PNXBet is one of those contenders, as the company specializes in different types of gambling and betting.

Alongside its more traditional offerings – including casino, poker, and live casino games, PNXBet also focuses on virtual sports and eSports. PNXBet now wants to increase its foothold in the eSports betting market by providing access to more competition.

Watching eSports as they happen live and being able to bet on the action creates an entirely new dynamic. This industry is expected to become the fastest growing segment in all of online betting over the coming years.

As a part of the ambitious eSports push, Pnxbet have also partnered with three fellow gaming streamers in South East Asia, and the Philippines. Coach Byb, Guso Gaming, and Xan PH have all joined as Pnxbet partners as the company expands into emerging markets.

eSports Top Titles

A special focus lies on Dota2 and CS:GO, both of which have massive fan bases and host multiple major tournaments every single year. Other options to explore on PNXBet are the Tennis R.G. Cup, the virtual counterpart of the Europa League for soccer fans, the NBA Regular Cyber Cup, and many more. All eSports betting options are updated constantly and yield some very high betting odds.

PNXBet prides itself on offering honest live odds and convenient deposits and withdrawal options. Supported payment options include bank transfer, credit and debit cards, Skrill, Neteller, Voucher Wallet Code, Bitcoin, Litecoin, Monero, and Ethereum. 

With the majority of betting sites yet to adequately replace the huge void left following the loss of a plethora of competitive sports, surely sites with viable alternatives like Pnxbet will be the real winners when the dust settles. Check out the new live Pnxbet eSports betting revolution now! 

Media Contact
Contact Name: Missy Nuvolari
Contact Email: affiliates@pnxbet.com  

Learn more about Pnxbet – http://www.pnxbet.com
Check out the new eSports gameshttps://www.pnxbet.com/esports
Follow Pnxbet on Facebook – https://www.facebook.com/groups/pnxbet/
Visit the Youtube Channel https://www.youtube.com/channel/UCsfDzl19R9v1fs1pkLtkhnw
Join the official Pnxbet Telegram channelhttps://t.me/pnxbetxcom
Follow on Twitterhttps://twitter.com/pnxbet_com/

Pnxbet is the sole source of this information.Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest.

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Grow Your Profits with Pioneering Legal Cannabis Crowdgrowing Platform JuicyFields

JuicyFields Press Release

Bitcoin Press Release: JuicyFields.io proudly connects cannabis buyers, sellers, growers, activists, and enthusiasts across the globe, on one of the first legal Crowdgrowing platforms. 

30 March 2020, Berlin, Germany –  Berlin-based cannabis growing company JuicyFields.io has announced the launch of its legal co-op cannabis Crowdgrowing platform. JuicyFields is a pioneer in its kind, with licensed partners in several countries, and offers users a fully automated global service. The platform is geared towards all types of business enthusiasts, accepting bitcoin and ethereum, in addition to traditional fiat payments.

JuicyFields has a mission to create a seamlessly interconnected market of cannabis enthusiasts, supporters, businesses, and aspiring entrepreneurs. With its innovative non-plant touching system, cannabis can be grown remotely, regardless of whether it is legal in a user’s home country or not. In Europe, JuicyFields.io popularity has grown even faster than its plants, and it now looks to expand to the global stage.

JuicyFields is not only a pioneering Cannabis crowdfunding platform, it is also an online global collective farm. JuicyFields aids other cannabis startups around the world to raise the necessary funds for further development. This way all the JuicyField participants make a profit after the sale of the crop.

JuicyFields.io CEO and Founder Alan Glanse

“Crowdfunding in Europe has already reached a significant level of growth, adoption and maturity. We decided to take that further. Crowdgrowing is not just raising money for project development, it allows you to take part in a highly profitable but strictly regulated cannabis industry. We will be interesting to both investors and those entrepreneurs seeking funding who have great opportunities.

Alan continues:

We don’t just raise money for the development of cannabis startups all around the world, we also share the profit from each crop of our partners with our members for 5 years. Our crowdfunding consultants have experience of successful crowdfunding work in America and Europe and we made the platform as international as possible.“

Varying legislation around the production of cannabis across the world has persistently hindered millions of people from being able to get involved in the business end of the industry, but now JuicyFields has the answer. Whether you are a crypto enthusiast, cannabis activist, or just a business-minded person, JuicyFields gives everyone the opportunity to make money in the Cannabis Industry.

How Does it Work?

Anyone can start a profitable contract for as little as €50 and after 3 months they will receive their first share from selling cannabis, right to their wallet. To get started, users can click on a custom link and choose a suitable contract under ‘Grower’s account.’ Short-term (flash) or long-term ongoing contracts are available.The process of growing one’s own cannabis online has never been easier.

Earn Free Grams with the JuicyFields Bounty Campaign

Interested parties can check out the JuicyFields Bounty Campaign today, and get rewarded free grams for helping raise awareness of this groundbreaking project. JuicyFields will be giving away free grams to successful applicants of the Facebook, Instagram, Telegram, LinkedIn and Signature bounties.

The Bounty will last for 2 months and grams will be calculated at the end of the bounty. Users will be given JuicyMist plants grams (fixed price of €2 per gram) and these will then be grown by JuicyFields. First harvest will happen 3 months after JuicyFields has started growing them, and by that time successful applicants will be able to sell these and withdraw their funds.

Media Contact
Name: Paulina Zlotowicz
Email: info@juicyfields.io

Learn more about juicyfields.iohttps://juicyfields.io
Read the Juicyfields Greenpaper – https://juicyfields.io/files/whitepaper.pdf
Follow Juicyfields on Facebookhttps://www.facebook.com/Jsflds/
Watch the Juicyfields.io Youtube Videohttps://youtu.be/-hiJWywmta0
Join the official Juicyfields Telegram channelhttps://t.me/juicyfieldsio
Meet the Team on Linkedinhttps://www.linkedin.com/company/juicy-fields

JuicyFields is the sole source of this information.Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest.

The use of medicinal Cannabis is legal in Berlin Germany. JuicyFields does not condone the use of Cannabis for medicinal or recreational reasons in countries where its use for recreational or medicinal reasons is illegal.

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Bitcasino Enables TronLink Browser Extension To Bring Users Secure Deposits and Withdrawals

Bitcasino Press Release

Bitcoin Press Release: Leading bitcoin betting site Bitcasino has announced that it has added the TronLink browser extension to enable fast, and secure transactions, for all TRON users.

24 March 2020, Tallinn, Estonia – The world’s first licensed Bitcoin-led casino operator, Bitcasino, has integrated the TronLink browser extension, giving its players the option to seamlessly deposit and withdraw TRON.

The TronLink extension allows Bitcasino players to access the TRON (TRX) blockchain on their browser, enabling the deposit and withdrawal of funds, in a safe, and secure manner. TronLink protects the user’s funds and private key but will still allow interaction with the blockchain, without the need to share one’s private key first.

For the extension to work, players need to be logged onto their Bitcasino account and extension. Bitcasino account deposits are instant, and withdrawals are deposited to players wallets within only a few seconds. The TronLink extension can be downloaded from the browser web store.

Tauri Tiitsaar, Director of Bitcasino, stated that:

“Crucially TronLink offers our players both security and speed with deposits and withdrawals; it is the next innovative step in ensuring our players have the best possible experience with Bitcasino. Gone is the need to deposit or withdraw TRON to hardware wallets, open an app on your phone or any other website. Players can easily manage their instantaneous deposits and withdrawals without any extra hassle.”

Last year, The Coingaming Group, (Bitcasino and Sportsbet.io) entered into a partnership with the Tron Foundation, which saw TRX accepted for deposits, bets and withdrawals on both sites.

About Bitcasino

Founded in 2014, as part of the Coingaming Group, Bitcasino has an expansive, quality casino product featuring more than 2,000 games, including slots, table games and live dealer casinos from some of the industry’s leading suppliers. These are hosted on its proprietary platform, developed by leading designers and software engineers to create the ultimate user experience for players.

Bitcasino prides itself on its enjoyable and trustworthy casino and gaming service, with withdrawal times of around 1.5 minutes amongst the fastest in the industry and cutting-edge security measures in place.

Start betting with TRON nowhttps://bitcasino.io/
Bitcasino on Twitter – https://twitter.com/bitcasinoio
Learn more about Coingaming – http://coingaming.io/

Media Contact Details
Contact name: Lucy Thomas
Email: enquiries@coingaming.io

Bitcasino is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest.

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Metaverse DNA Partners with Tezos and TomoChain to Present TEK2Students, an Educational Workshop Series for IT Students in Vietnam

Metaverse DNA Press Release Blockchain

Bitcoin Press Release: Metaverse DNA has announced a partnership with other industry leaders to deliver TEK2Students, a workshop series that will introduce the fundamentals of blockchain technology to aspiring IT students in Vietnam.

27th February 2019, Hồ Chí Minh, Vietnam: The series will take place at the INTEK Institute of Applied Technology in Ho Chi Minh City, and will run until September 30th, 2020, with workshops held the first week of every month. Metaverse DNA will deliver a number of these workshops, giving students and other attendees an opportunity to familiarize themselves with the Metaverse ecosystem and Dualchain Network Architecture.

Metaverse DNA is a next-generation digital finance ecosystem, bringing all of the most important features needed by enterprises, organizations and individuals together in one place. These features include on-chain identity, decentralized data bridges, integrated lightning channels and a standard for true interoperability. DNA ensures high transactions-per-second, eliminating bottlenecks and congestion, while maintaining decentralized and community-elected governance.

As part of the TEK2Students program, Metaverse DNA will give students a hands-on experience with blockchain technology, walking them through node setup, using block explorers and understanding different token standards, and will introduce attendees to the wide range of features and capabilities available in the Metaverse DNA ecosystem.

The INTEK Institute of Applied Technology is one of Vietnam’s leading educational institutions for students seeking a career in programming and IT engineering, and hosts a number of activities giving students practical experience with technology. These activities include workshops, hackathons, TEK Talks (guest lectures by industry leaders) and corporate training sessions.

Multi-Angle Approach

Metaverse DNA is joined in the TEK2Students partnership by TomoChain and Tezos, who will also deliver workshops as part of the series.

Tezos is a public blockchain supporting smart contracts in its native Michelson coding language, with a Delegated Proof-of-Stake consensus algorithm and on-chain governance. In 2019 the Tezos community voted on two amendments, approving the Athens and Babylon proposals.

TomoChain is an Ethereum Virtual Machine (EVM)-compatible blockchain with a Proof-of-Stake Voting consensus algorithm incorporating 150 Masternodes. It boasts low fees and a two second block time, while still being capable of running Ethereum smart contracts.

Leading TEK2Students as Metaverse DNA’s Business Development Manager in South-East Asia, Allan Ta said of the workshop series:

“We could not be more excited to deliver the TEK2Students program to the most promising IT students Vietnam has to offer. Metaverse DNA will work alongside our partners to share insights into blockchain technology and development, and we are hopeful that attendees will not only benefit from this series but go on to use those insights when they are building amazing things in the future”.

Internships, Scholarships, and More

The TEK2Students workshop series will be free for students and local community members to attend, and will include opportunities to win education scholarships sponsored by the organizing partners. There are also expected to be internship positions available for the most promising attendees among the partnering companies involved. TEK2Students will conclude with a hackathon open to attendees, adjudicated by representatives from Metaverse DNA, Tezos and TomoChain.

More information on the TEK2Students workshop series will be made available in the coming weeks. To learn more about Metaverse Dualchain Network Architecture, visit mvsdna.com .

Follow Metaverse DNA on Twitter: www.twitter.com/MVSDNA

Media Contact Details
Contact Name: Allan Ta, Business Development Manager
Contact Email: allan.ta@Viewfin.com

Metaverse DNA is the source of this content This Press Release is for informational purposes only. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. Cryptocurrencies and tokens are extremely volatile. There is no guarantee of a stable value, or of any value at all.

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Reddcoin (RDD) Announces Core PoSVv2 Wallet Upgrade to Transform Crypto-Community Building

Reddcoin Press Release

Bitcoin Press Release: The Reddcoin (RDD) Core dev team has released updated v3.0 wallet software for Windows, Mac, Linux, RaspPi and docker and more.

9th February 2020, Albuquerque, NM – Crypto pioneer and first generation altcoin Reddcoin (RDD) has announced the recent release and ongoing activation process for their uniquely rewarding PoSV v2 consensus staking algorithm. While the look and feel of the Reddcoin wallet has not yet changed, the underlying engine of the wallet has been upgraded in preparation to evolve the Reddcoin blockchain in a new direction, and also to incorporate the latest bitcoin core security and feature code. Reddcoin has embedded this technology in the new required v3.x Core wallet upgrade. 

The Reddcoin ecosystem is a self-funding, user-supportive, eco-friendly financial solution for the next generation. Even more impressive than that, is the fact that it is run by an entirely voluntary dev team: An unpaid group of passionate individuals, backed by an extraordinary community, all intent on seeing the project hit new and exciting heights in 2020.

Why do you need to upgrade? 

Already underway, the activation of PoSV v2 will take place when the Reddcoin network has observed 9000 of the prior 10000 blocks are staked/generated by v3 wallets. At date of writing, the network is at 5200, or ~58%. A supermajority softfork will be enforced at transition that will prevent older v2.x wallets from being able to send or receive transactions, or to stake. The transition will also activate “enhanced staking” rules, and a deduction from each enhanced stake to help support development of Reddcoin. For more detail, the informative “Redd Paper” is available on our main website at www.reddcoin.com.

Since its inception in 2015 the Reddcoin network, while designed for 5% growth, has seen only a modest annual growth of 1%. With a large proportion of abandoned/lost coins, the Reddcoin dev team and community have agreed to refactor the core protocol (PoSV) to address this need, and reward active stakers, while ensuring an annual growth target closer to 5%, Reddcoin are hoping that this new update, combined with a growing community of active members, will drive the network closer toward that goal of organic growth, while providing a unique set of user rewards, and a welcoming and supportive community, while incentivizing users to tip and use RDD

Do you even stake?

Staking is really important as it validates transactions, secures them, and generates and signs blocks on the network. A robust decentralized network needs as many distributed nodes as possible, all agreeing on the blockchain status and what blocks are valid, together.

Staking coin holdings serves to help secure the Reddcoin network, and staking acts as an eco-friendly alternative for Bitcoin’s energy-intensive mining, and allows all Reddcoin users to receive rewards proportional to their holdings. Users have a plethora of software choices when it comes to staking, including mobile (Telegram), PC, Linux, Mac, Raspberry Pi, and more. Embedded systems and end-user wearable tech, as well as integration with other technologies and vertical markets are on the horizon for Reddcoin.

Staking Rewards

Any Reddcoin (RDD) holders that are not currently staking are missing out on rewards, and the ability to help the cause at the same time. For those dedicated to staking their coins, helping secure the network, and its transactions, there are some rather sizable rewards. The network is aiming for a 5% annual rate of return, and has multiplied actual returns by the corresponding multiplier to bring network growth as a whole to where it needs to be.

Staking can now add 5% per annum just from holding RDD in their wallet. This can be achieved on simple devices like an old raspberry pi, a Linux box, a Mac, or an low-end PC or laptop. The effective result of this PoSV v2 activation is that in execution, if 20% of the network is online and staking, their resulting rewards will be multiplied by a maximum of 5x, leading to their effective personal return of 25% annually. This will dynamically adjust per block based on actual network statistics, leading to a sliding rate of multiplied rewards, according to real network statistics.

Originally a fork of Litecoin, with a unique PoSV algorithm as a proof-of-stake coin, Reddcoin is one of the older and more established names in crypto, with a long, rich history dating all the way back to 2015. The remarkable, voluntarily run project has achieved modest but stable growth since its inception, and this new update now offers stakers the chance to achieve more long-term, passive income, while helping the project to continue to shine and grow. For a detailed look at staking, the Reddpaper can be found on the official reddcoin website.

What is PoSV v2?

PoSV v2 was designed to improve the Reddcoin network in three very specific areas.

  1. Stabilize network growth upward to the designed-for modest 5% inflation, ensuring a plentiful supply of coins for tipping and usage, and avoiding the “hoarding” mentality by reducing age-related rewards and encouraging velocity-based rewards.
  2. Encourage users to actively stake and secure the network instead of leaving coins on exchanges or cold wallets by multiplying their received rewards according to total network participation instead of individual. This provides a more robust network distribution of nodes and enhances security and robustness of the network with each new staker, and rewards the stakers for participating in the larger community.
  3. Provide a funding stream from the Reddcoin network itself to be used for three specific purposes to improve and enhance Reddcoin and its reach, stability and usability. These three are:
    1. Providing an operational fund to the dev team to enable partnerships, listings, salaries, operational costs and other strategic and tactical activites.
    2. Providing a fund of 10% of received funds to be used for reimbursement or restitution of Reddcoin community members who have experienced loss or theft, or other issues beyond their reasonable control.
    3. Providing a fund of 10% of received funds to be allocated to community-supportive philanthropic and altruistic (“Charity”) efforts within the Reddcoin space.

These three goals for received funds will allow Reddcoin to keep development work accelerating, provide a safety mechanism for real members of our community while discouraging fraud and protecting Reddcoin’s users in a unique and welcoming way. And the third goal of charity efforts is intended to spread the Reddcoin message of inclusivity, safety and security. Reddcoin Core Devs are missionaries, and they are supported by the loyal Reddhead community: a brilliant, active and shining group of individuals. Become a ReddHead today!

Media Contact Info
Contact Name: Jay Laurence
Contact Email: techadept@reddcoin.com
Contact Telegram: @TechAdept

To learn more about Reddcoin visithttps://www.reddcoin.com/
More info about PoSV v2 and upgrade – www.medium.com/@techadept
Reddcoin Info on CoinMarketCap – https://coinmarketcap.com/currencies/reddcoin
Reddcoin Info on Binance – https://info.binance.com/en/currencies/reddcoin
Trade Reddcoin on Bittrex – https://global.bittrex.com/Market?MarketName=BTC-RDD
Find Reddcoin on Facebookhttps://www.facebook.com/reddcoin
Follow Reddcoin on Twitterhttps://twitter.com/reddcoin
Join the official Reddcoin Telegram – https://t.me/ReddcoinOfficial

Reddcoin is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest.

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PawnHub.io Becomes Hong Kong’s First Fully Licensed Crypto Lender

Pawn Press Release

Bitcoin Press Release: Crypto lending firm PawnHub has announced its partnership with a leading US-based custodian to provide $100 million in insurance coverage for its clients.

4th February 2020, Hong Kong – Hong Kong-based crypto lending firm PawnHub.io is the first company of its type to obtain a license from the Government of Hong Kong. The firm will partner with a leading US-based cryptocurrency custodian, to provide insurance coverage for clients’ Bitcoin assets of up to $100 million USD anywhere in the world.

Crypto lending is fast becoming an integral part of the crypto ecosystem with PawnHub being the first regulated crypto lending firm to be based in Asia; home to some of the worlds biggest cryptocurrency nations, such as South Korea, Japan, China, Hong Kong and Singapore.

Cryptocurrencies have been around for less than a decade, and major financial instruments that are commonplace with fiat, such as loans and bonds, are just getting started in the cryptocurrency economy.

Statistics that support the rapid growth of the crypto lending industry are staggering. The world’s

largest asset classes, (the global stock market and residential real estate) are collectively worth an estimated $217 trillion, with global debt at $244 trillion, a debt-to-asset ratio of 80%.   

Cryptocurrencies on the contrary are under-leveraged. Cryptocurrencies have an estimated value of $200 billion, with a debt-to-asset ratio of only 2%. There is huge growth potential in the crypto lending landscape in the coming future.

The innovative business model of PawnHub brings to the Bitcoin community the best of both worlds, by allowing them to retain ownership of their crypto assets while having immediate access to liquidity. Bitcoin is divisible, fungible, often instantly transferrable, with users able to use the loans to diversify into other assets such as real estate, and automobiles.

With a unique position as the pioneer crypto lender in Asia, and as the first crypto lender to be fully licensed in Hong Kong, PawnHub is well positioned to serve the evolving crypto space. PawnHub has streamlined its loan processes to be simple and transparent when it comes to fees.

Its unique and innovative business proposition combined with its reputation as the first licensed crypto lender in its region, makes PawnHub one of the most trustworthy, and viable options for lenders to leverage their bitcoin for improved liquidity.

Media Contact Info
Contact Name: Dudley
Contact Email: marketing@pawnhub.io

To learn more about PawnHub.io visit – www.pawnhub.io
Find PawnHub on Facebook – https://www.facebook.com/pawnhublimited
Follow PawnHub on Twitterhttps://twitter.com/PawnHubLimited
Join the official PawnHub Telegram – https://t.me/pawnhubofficial

PawnHub is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest.

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Fetch.ai to Launch Blockchain for Complex Machine Learning after Securing $6 Million in Funds

fetch.ai Press Release

Bitcoin Press Release: Following it’s successful mainnet launch last month, Fetch.AI boasts an AI-powered blockchain for complex machine learning, opening new possibilities for multiple markets. 

13 January 2020, Cambridge – Time is often labeled as our most valuable resource and savings help us to become time rich. This mentality is regularly applied to modern business strategies and increasingly so to our personal lives too. Despite these individual efforts, the final result hinges largely on the personal choices of other individuals, and companies whom we interact with on various timescales.

This impact on our lives by multiple human factors has led to a huge interest in AI development with the intention of addressing these issues using machine intellect, which can process and store data in the blink of an eye.

Today AI platforms exist for trading, advertising, and other digital applications. All are created to benefit aspects of everyday life, but many are conceived without consideration for everyday processes, or the economic possibilities of AI and machine learning technology.

Enter Fetch.ai

After gaining public support from leading exchange Binance in 2018, Fetch.ai successfully raised $6m on Binance Launchpad. Fetch.ai’s mainnet launched, on schedule, in December 2019.

Fetch.ai’s decentralized network focuses on the benefits of machine learning, and can be used by a company or individual to create and maintain Autonomous Economic Agents (AEAs or agents for short). Agents use a combination of machine learning and artificial intelligence to operate fully autonomously and provide its users with economic value – either by accessing relevant information, or by selling data generated by the user.

For example, Fetch.ai agents could be used to analyze transport routes, the availability of parking lots, or to locate the nearest availability of a specific product based on their user preferences. This could all be achieved without sharing or storing private data.

Humayun Sheikh, Fetch.ai CEO and Co-Founder had these words to say about the platform:

“Our focus is on enhancing and optimizing solutions to everyday problems through intelligent data sharing; creating value by combining knowledge, insights and predictions using machine learning and AI.

We are delivering an innovative platform with open source tools for intelligent communication between IoT devices, services and algorithms to enable collective learning. Built on a high throughput sharded ledger, the Fetch.ai architecture delivers a unique smart contract capability to deploy ML/AI solutions for decentralized problem solving. 

The open source tools allow users to create diverse eco-structures (ecosystem infrastructures) and deploy new commercial models.” 

Fetch.ai’s technology allows individuals and companies to create their own agent-based applications to suit their needs. These applications collect and analyze relevant data for a stated purpose, learning from the data, and providing users with predictions and opportunities.

FET – Fuel for Fetch.ai

FET is the native currency of the Fetch.ai platform and functions as the fuel for the network. It provides the power for agents to work on the network and for micropayments to be made between agents.

Here is what the team said about their upcoming goals:

“In the coming weeks we will be unveiling more tools to enable developers to build and deploy agents on the Fetch.ai network. This will include our token conversion tool, which will enable users to convert tokens back to ERC20 from native FET. We’ll also be delivering hardware wallet support and web-based extensions. 

In terms of commercial growth, we are just starting – there is a lot more to come in terms of partnerships and use cases. Watch this space!”

A small stake of FET can now be used to work on the Fetch.ai network, which can be utilized to create applications and solve a variety of complex issues. These include:

  • Transport and infrastructure predictions for traffic analysis and predictions, ticket availability, parking spaces, optimized routes etc.
  • Energy companies will be able to offer discount incentives for energy consumed in troughs in demand, creating a new dynamic marketplace. Consumers will automatically receive the best deal as their agents manage their consumption based on their preferences
  • Analytical tools for various trading marketplaces
  • The recharging of eVehicles
  • Decentralized finance systems
  • Intelligent autonomous supply chains
  • Smart homes or cities

Practically any area of business and everyday processes will be enhanced by Fetch.ai’s combination of blockchain, AI and machine learning.

To learn more about Fetch.ai please visit: https://fetch.ai/
Chat about Fetch.ai on Telegram: https://t.me/fetch_ai
Follow Fetch.ai on Twitter: https://twitter.com/fetch_ai?lang=en
Meet the team on LinkedIn: https://www.linkedin.com/company/fetch-ai/
Read about Fetch.ai on Medium: https://medium.com/fetch-ai

Media Contact Details
Contact name: Chris Atkin
Email: Info@fetch.ai

Fetch.ai is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest. 

About Bitcoin PR BuzzBitcoin PR Buzz has been proudly serving the PR and marketing needs of Bitcoin and digital currency tech start-ups for over 5 years. Get your own professional Bitcoin Press Release. Click here for more information about Bitcoin PR Buzz

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The DAOBet iGaming Solution Mainnet is Now Live!

DAOBet.io Press Release

Bitcoin Press Release: iGaming company DAOGroup has announced that the long-awaited DAOBet mainnet has been launched by validators.

16th December 2019 – DAOBet (ex DAO.Casino) is a blockchain for the iGaming 3.0 industry, with the mainnet launched by validators on November 27th, 2019. The mainnet was launched by 21 leading block producers with eight more validators on standby. The development will further realise the full scope of DAOGroup’s decentralized iGaming products.

DAOBet Mainnet: Launched by Validators

Built by DAOBet and launched by validators, optimizing the EOS blockchain codebase, the DAOBet mainnet is set to bring about revolutionary changes to the gaming industry. It showcases an optimized blockchain with fast finality and the capacity to process 3,000 transactions per second. The mainnet features advanced governance with 1-second finality and top-rated provably fair random number generation algorithm (Signidice PRNG verification) – certified by GLI. The design of the DAOBet mainnet will enable game developers to utilise the flexible and robust creation opportunities and environments provided by the blockchain.

In view of the mainnet launch, DAOGroup previously announced the preparatory phase for the migration of its native utility token BET from the Ethereum blockchain to the mainnet, which will further maximize the token’s utility within its native environment. A token swap process through DAOWallet was initiated for holders of the BET token, which has now concluded due to the launch of the mainnet.

The BET Token

The native token BET will provide utility for the DAOGroup ecosystem. To obtain  BET tokens, users can head over to the simple-to-use DAOWallet and directly transact from inside the wallet in just a few steps. Alternatively, users can buy BET tokens from the HitBTC cryptocurrency exchange. The BET token will also allow its validators to stake on the DAOBet blockchain and be rewarded for doing so.

DAOGroup: Uniting the Masses

DAOGroup unites the following projects, bringing cutting-edge decentralized protocol solutions based on the DAOBet native blockchain, that has been developed since 2016 and was recently launched by validators. The DAOGroup ecosystem consists of DAOPlatform, DAOWallet, and DAOGames. Each of them is catered to carrying out  specific tasks, broken down below:

  • DAOPlatform – A blockchain-based turnkey solution for a crypto casino that uses smart contracts for all financial transactions, providing transparency and safety for players, developers, operators and validators. DAOPlatform ensures that neither operator, player nor affiliate has an unreasonable advantage over the other.
  • DAOWallet – A safe and secure crypto wallet that helps to manage assets and provides the possibility for players to authorize on DAOPlatform, play games and receive real-time payouts. DAOWallet is the key to the DAOGroup ecosystem and acts as a payment gateway for game developers, operators, validators and affiliates.
  • DAOGames – A B2B online casino games service reaching the opportunity to complete blockchain iGaming infrastructure introducing a wide online games portfolio with the help of existing popular gambling content providers. This is a full-scale game publisher provided by industry professionals in evaluation, marketing, product development, and localization.

Thanks to high throughput, fast finality, and sponsorship transactions, DAOBet blockchain provides for applications like DAOPlatform, DAOWallet, and DAOGames the user experience level required for the iGaming industry.

Visit the DAOGroup official website for further information: https://dao.group/.

Partnership Contact Details
Contact Name: Aleksandra Fetisova
Contact Email: af@dao.group

Media Contact Details
Contact Name: Anna Sheglova
Contact Email: shega@dao.group

Learn more about DAOBet: https://daobet.org
DAOBet on Twitter: https://twitter.com/daobet_org
DAOBet on Facebook – https://www.facebook.com/DAOBet.org
DAOBet on LinkedInhttps://www.linkedin.com/company/DAOBet
DAOBet on Github – https://github.com/DaoCasino/DAObet
Chat with the DAOBet team on Telegramhttps://t.me/daobet

DAOGroup is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. Cryptocurrencies and tokens are extremely volatile. There is no guarantee of a stable value, or any value at all.

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