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Blockchain Archive

How To Market A Blockchain Project Without Major Online Media Platforms Such As Google, Facebook and Twitter

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Major social media platforms including Google, Twitter, and Facebook all decided to ban any kind of crypto ads regarding crypto services. The reason behind it is that allegedly, there is too much risk of scam and fraud. This is why this important question demands answering: can you market your service even without these social media platforms?

Ads are not really the key element of what makes a certain service great. You cannot simply rely on ads to get your product more popular. It is perhaps better for your product to actually meet your targeted market. Also, without the ads, the network builders are stimulated to provide something the market really wants by finding a natural way for the product to grow and the service to become more popular.

However, you still need some sort of a tool to get the word out and get in contact with your first users. Here are some of the options you can choose from.

  1. Join a popular crypto community

By joining a well-known forum that has hundreds of active users such as Reddit, Quora or Bitcoin talk, you can easily place your product or service to the users. There are plenty of platforms that you could do so and you will be your own ambassador. Users won’t hold back the comments and questions but it is a major part of the job.

  1. Despite the ads ban, go to Facebook/Twitter

Although it might sound funny you don’t really need the ads in order to market a blockchain project. You are free to tweet about it, post updates about it and receive comments that will boost the awareness of what you are doing. It is a great way to be involved and closer to your potential users.

  1. Github

Want to get developers involved? This is the perfect platform for it. By allowing open sourcing of your code, more developers will likely get involved and the project will be done faster and users will find out about it even faster.

  1. App Store Optimization

Since everyone is on the go today and the most used tool is probably the mobile phone, it’s a good idea to build a mobile app. Although there are hundreds of apps available on Google Play Store, this isn’t necessarily a bad sign and it doesn’t mean that your app will go unnoticed. Of course, you should take care of your app and update it constantly, use precise and easy words in the description and find an easy-to-remember app icon.

  1. SEO

Despite Google banning ads, you can still use links. Google can still discover you even if your crypto project is privacy-oriented by using DuckDuck Go which a great search engine that has a large user base.

  1. Airdrops

Airdrops will only work if your service has a token. Make sure to also use accelerators such as different websites that will let users use your token.

  1. Referrals

This is not the most used to a tool for offering your crypto services but sure is a great one. This way, you are enabling your existing user database to invite new users and while they’re at it give them rewards whether that be a token, money or a discount of sorts. One of the most used and popular platforms such as Spotify and Dropbox used this method to spread the word and now are among the most widely-used tools.

  1. PR

When you start your own blockchain project and you need to get the word out, this doesn’t necessarily mean that you need to hire an expensive PR agency. It is best advised if you find a journalist or a blogger that will share the word for you and will be interested in doing so. Getting the wanted attention is always very hard but it eventually pays off massively. Try to build a relationship with bloggers and journalists in your earliest days.

  1. Bounty Bugs

Let users debug your service and reward them for it. You can do that in cash or cryptocurrency but this way you will get all the bounty hunters helping you to establish your name on the market.

  1. Create An Event

Creating and attending a crypto event is one of the most fun ways to know about a certain project, especially in the blockchain industry. There are hundreds of events happening in different parts of the world in the form of meetups, conferences, and gatherings. People like going to these events because they are very informative, lots of experts attend and are also interactive. However, they can be a little bit expensive especially if you are just starting out but try attending at least once in two months.

  1. Partnering With Other Crypto Services

Crypto-rings or a syndicated project is another great way to market your blockchain project by partnering with other crypto services and easily get discovered by new potential investors and users. For example, Airswap is a great tool for that. They announced a syndicate of tokens for their new exchange.

  1. Podcasts

Podcasts are the best tool that is currently extremely popular. There are plenty of good-quality podcasts out there. The great thing is that they all have sponsored spots.

  1. Writing Good Quality Content

This is the perfect way to market your blockchain project. It has great SEO and a huge impact. However, you do need to write regularly since you need to keep your reader base updated. You can use any website’s blogging services or write an article as a guest writer. You can do that on many websites including DC Forecasts.

  1. Ambassadors

Active ambassadors can help you spread the word out if you make people talk about your project on a regular basis. By using ambassadors, others will do the work for you and you will get your product easily recognized on the market.

  1. Pre-Sales groups

Pre-sales groups or analysts can do a great job by positively reviewing your product. This will increase your exposure quickly.

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Blockchain Archive

Best Cryptocurrency Exchanges For Beginners

Before picking a cryptocurrency exchange, you should first consider a few key elements such as security, fees, reputation. The below-listed exchanges offer some of the greatest combinations of these elements and you should make sure to check them out.
  1. CEX.io

This exchange will allow you to purchase bitcoin with a credit card, cash or SEPA transfer. They have low trading fees of 0.2% and operate in many countries around the world. The verification process can be a little extensive. CEX (additionally prominently known as CEX.IO) has been around since 2013. This altcoin trade has a significant ruling nearness and is especially known for the way that it bolsters Credit Card installments. CEX at first began off as a Bitcoin exchanging and cloud mining stage, however, has since ventured into turning into a legitimate, undeniable Altcoin trade. CEX has a high exchanging volume and offers various levels of record checks. The most abnormal amount of checked records can make substantial exchanges consistently. Their day by day store and withdrawal confine is 10000$ every day and 100000$ every month! This makes CEX extraordinary compared to other altcoin exchanging stages for the individuals who bargain in huge sums.
  1. Bittrex

Bittrex is on the list of the 10 largest crypto exchanges and there’s a reason behind that. Bittrex supports a lot of coins that other exchanges don’t. The platform’s team recently worked on a new interface that is simpler and easier to use because they were getting lots of complaints from users that the interface was incredibly confusing. They listened to their users and changed the interface after three years of using the same one.
  1. GateHub

Gatehub is not only a Ripple exchange. It also works as a Bitcoin and Ethereum wallet. It makes it possible for users to exchange and store cryptocurrencies. It works with private keys and passwords that are heavily encrypted. What is most amazing about GateHub is its ability to access your wallet even if you forget your private key. You can access it via other platforms. Of course, this may concern some users that this might be easy for hackers to attack your wallet, but it is highly unlikely since the hacker would need a two-factor authentication to log in.
  1. BitStamp

Bitstamp is one of the first exchanges in the world. It’s based in Luxembourg and it’s one of the first digital asset exchanges in the entire EU. Bitstamp announced that they would start XRP trading in January 2017, and so they did. The first month of the membership is fee-less. Of course, as with any other good product, with the increasing demand, the prices changed. People in the EU recommend Bitstamp because it has less than 0.25% fees and also they can deposit Euros with SEPA without any charge. The great thing about it is that it is licensed. You can buy XRP here with Euros or dollars. They offer great, transparent and efficient services.
  1. Gemini

Gemini is a New York-based exchange but it’s also very popular in South Korea, Singapore, and Canada. It’s trustworthy and has some of the lowest fees in the US. It can be a little confusing at first and also it’s not available for every state in the US.
  1. WhaleClub

This platform serves more than 15.000 users every day. This exchange doesn’t charge fees when it comes to deposits or withdrawals and they also don’t have any kinds of limits. The trick is however, they only accept crypto deposits so before you start trading here, you must own some bitcoins. Standard open book trading is not available. The platform has one of the best and most user-friendly interfaces so everyone can easily use it and it is also very fast. Because of the simple interface, WhaleClub is a perfect exchange for beginners and their support team is also amazing.
  1. Coinbase

You already know that this is the most popular and transparent exchange. It’s probably the easiest way to buy them and also very fast. You can use your credit or debit card to buy bitcoins and you will be charged 3.99% fees for your purchase. Though the fee is somewhat high, you will get your coins in a matter of seconds. If you purchase them via bank transfer, the fees a lower but you will wait more than 3 days to complete the transfer. It’s most recommended for newcomers and has a high liquidity.
  1. Bit2C

In a world full of crypto exchanges, Bit2C is proudly standing as one of the most dominant local exchanges - active in the Israeli market and offering crypto trading in several digital assets against the local fiat currency, ILS. There is no coin-to-coin trading. Regarding commissions, the fixed commission for Bitcoin is 0.001 BTC, for Bitcoin Cash it is 0.0001 BCH, for Bitcoin Gold it is 0.0001 BTG and for Litecoin it is 0.02 LTC accordingly. All in all, Bit2C gives the Israeli population a great chance to trade crypto. As an exchange that is developed in Hebrew, it is an entry-level domestic service which offers crypto trading in most of the altcoins against Israeli shekels - and one that works with local bank transfers.
  1. Bittrex

As one of the greatest and the most well-known names with regards to exchanging altcoins, Bittrex has an immense choice of cryptocurrencies and enables the clients to effortlessly exchange them with Bitcoin as the base money. It is among the best names on the planet with regards to altcoin exchanging stages. Bittrex has been around since 2014 and has a significant notoriety for being a standout amongst other altcoin exchanges. Bittrex is a safe stage and offers different layers of insurance. Another cool element of this altcoin trade is the way that it enables clients to change over their profit into USDT and later purchase back utilizing it. On the off chance that your altcoins are plunging, you can without much of a stretch change over them into USDT and purchase back later utilizing the same USDT.
  1. Poloniex

Another significant player with regards to the best altcoin exchanges, Poloniex has made a significant name for itself in the course of recent years. The altcoin exchanging stage won't be as apprentice benevolent as some different alternatives said on this rundown, yet it is surely one to consider for the individuals who have been exchanging for some time. Poloniex offers an incredible stage with regards to looking at different cryptocurrencies and dissecting them actually. All in all, Poloniex has an amazing measure of offerings in store for the individuals who get a kick out of the chance to perform a specialized investigation on their altcoin possessions.
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Blockchain Archive

CHFC: Cryptocurrencies Should Be Regulated To Prevent Money Laundering

A recommendation from the Canadian House Finance Committee for regulating cryptocurrencies to prevent money laundering is in the blockchain news today according to a report from the Canadian digital newspaper iPolitics. The Canadian House Finance Committee proposed a suggestion to regulate cryptocurrencies during the review of the Proceeds of Crime Money Laundering and Terrorist Financing Act that happens once in five years. The committee started meetings in February 2018 and came up with a couple of ideas on how the government could regulate cryptocurrencies. The first idea is to control exchanges that allow fiat to cryptocurrency while defining the entity that provides the exchange as a service business. The second idea is backed up by the new regulation released in Canada this summer where cryptocurrencies are defined and exchanges as money-service businesses. The second recommendation is meant for the government to require a license from crypto exchanges much like New York’s BitLicense. In the article there are plenty of suggestions by the IJW financial adviser and law firm Duran Morrisseau which refer the dubious crypto transactions done in an unregulated space:
 “Cryptocurrency transactions may be used by parties to swiftly move large amounts of wealth across borders, and that regulating (exchanges of fiat currencies for cryptocurrencies) would address the (anti-money-laundering) concerns of the cryptocurrency space.”
The last recommendation is to regulate all crypto-wallets to make tracking easier. The government is required to provide an answer to these suggestions in 120 days. Crypto regulation is a major subject around the world and many countries are implementing the regulation.
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Blockchain Archive

Thailand’s Democrat Party Carries Out Primary Elections On The Blockchain

The biggest opposition party in Thailand, the Democratic Party, hits the crypto news today for becoming the first large political party in the world to conduct primary elections completely on the blockchain. The party used a live e-voting system where more than 120,000 voters were involved at the start of November. The voting system was powered by the Zcoin blockchain. Thailand’s Democratic Party was inspired to use the blockchain after a Thai rap music video named ‘’Rap Against Dictatorship’’ became extremely popular for being the first song against the politics in Thailand for music to be stored using a blockchain after there were plenty of indications that the government wants to censor the video. The video was saved on the Zcoin blockchain and this is how the opposition got the idea. The party elaborated the concept by using IPFS to improve the process of the election record integrity. Voters were able to participate by using a mobile phone app or manual voting at a physical station. The founder of Zcoin said:
 “I am very proud that Zcoin played a role in making Thailand’s first large-scale e-vote, a reality, which saw greater voter participation and transparency. I believe we’ve achieved a huge milestone in our country’s political history and hope that other political parties or even the government not just in Thailand but in the region can look to using blockchain technology in enabling large-scale e-voting or polling.”
The encryption keys used in the process of voting were split by a cryptographic method which makes sure that you need consensus to decrypt the entire voting data. This means that voter ID documents could be decrypted by an accredited official only. You can check out the voting activity on the Zcoin blockchain explorer.
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Blockchain Archive

15 Industries Blockchain Could Soon Revitalize

The blockchain technology has gone far beyond the expectations of its creators. Today, this technology is used in many industries and in everyday life. This means improved consumer-merchant relationship. No intermediaries are used in the process and thus consumer can close better deals and also be rewarded for participating. Many industries such as retail, energy, media, and education are well aware of the advantages of blockchain technology. This is why many new startups are evolving, each one more attractive than the other just so the different sectors of the industry can have an easier way of getting the job done. Hyperproduction is possible, but it is an inevitable part of the evolution process. Blockchain technology proved to be a very important tool in the tech world. It offers many opportunities for companies and startups in many fields such as banks, insurance, retail, and real estate. This is why we show you some of the best blockchain apps that you could start using right now.
  1. Banking and Payments

Blockchain can be used to provide financial services to thousands of people around the world especially those who don’t have access to traditional banking. With bitcoin, anyone can send money across the world instantly without or with relatively low fees. Many banks are working to adopt blockchain technology in order to make all of their business operations faster and more efficient. Banks are heavily investing in blockchain projects and startups and it is predicted that almost 20% of the banks in the world will be using blockchain technology by the end of 2019.
  1. Supply

By using blockchain technology, every transaction made on the blockchain is documented permanently and it is made secure and transparent. This helps a lot in saving time and also reducing human errors. The blockchain also helps in controlling the real impact of the products on the environment. The distributed ledger allows the verification of the authenticity of trade products by tracking them from where they come originally. Also, by using this amazing technology you can monitor the costs and labor and waste at every point of the supply chain.
  1. Cyber Security

Despite the blockchain ledger is public, all of the data is verified and encrypted by using advanced cryptography. This way, the data is highly unlikely to get hacked or influenced in any way without authorization. All of the applications built on the blockchain are relatively young so there have been several hack attacks and hack attempts but they actually help to build an even stronger defense and resilience.
  1. Voting

This is probably the most important area of the impact blockchain has in everyday life. Blockchain technology can be used for voting too. Although it may sound a little crazy, this can help with the issues of rigged election results. Voters can register and only the legitimate votes to be counted without votes being deleted or changed. This can be a great step ahead in making elections more democratic. By creating an immutable public ledger with the recorded votes, the elections will be more transparent and fair.
  1. Forecasting

The blockchain will likely change the entire approach to analysis and forecasting. Online platforms that are looking to create global decentralized prediction markets already exist. Such technology can be used to monitor sports betting for example but also stocks and elections.
  1. Networking and the Internet of Things

IBM and Samsung are already creating a blockchain based concept named ADEPT which will create a decentralized network of IoT devices. This will help eliminate the need for a central space to handle communication between them. The devices will also be able to communicate with each other directly.
  1. Insurance

Blockchain will help manage trust management and be used as a verification tool for different types of data in insurance contracts. There is a blockchain project for building tools helpful in the insurance industry named Aeternity.
  1. Private Transport and Ride Sharing

Decentralized versions of peer-to-peer ridesharing apps can be created with the use of blockchain allowing car owners and users to create their own terms and conditions without third-party providers. The crypto built-in wallets will let owners automatically pay for parking, tolls, and gas/electricity top-ups.
  1. Cloud Storage

Centralized servers are really vulnerable to hacking and data loss. By using blockchain technology, cloud storage is more secure against attacks.
  1. Charity

Charity is a huge sector that people tend to offend by saying that it is corrupt and inefficient. There have been many times where the donated money didn’t end up to the people that need them the most. With the blockchain technology, donations can be tracked and you can make sure your money ends up in the right hands.
  1. Government

Government systems are usually very slow and prone to corruption. By implementing blockchain-based systems, the bureaucracy will significantly reduce and also the efficiency and security but most importantly transparency will improve.
  1. Healthcare

Healthcare is among the most important systems around the world. It is also very prone to lack of security and storage data and also outdated infrastructure. Blockchain technology can help hospitals safely store data and share it only with authorized professionals and patients. This way, data security will be highly improved.
  1. Energy Management

Energy management is a pretty centralized industry for a long time now. Energy producers are not really able to buy electricity from each other directly and they have to go through the public grid or other trusted intermediaries. Blockchain can help by allowing customers to buy and sell energy from multiple sources in a peer-to-peer way.
  1. Online Music

This is one of the best uses for blockchain. Musicians can get paid directly from their fans without having to share the profit with the music platforms or record companies. Smart contracts can also help for automatically solving license issues.
  1. Real Estate

Real Estate purchase can be a whole lot of trouble. You will enter in the harsh world of bureaucracy and you fill find hundreds of mistakes in the public records. By using blockchain, transaction time will be cut down, the paper-based record keeping will not be necessary anymore and the verifying and tracking of the ownership will be extremely easy. There are several platforms that offer real estate blockchain services and keep you away from the paper record-keeping as far as possible.
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