XYO Network - Blockchain Spy

One of the most interesting and ambitious blockchain projects of recent times is about to have its ICO and it is called the XYO Network.

It is aiming to use its vast network of connected devices in the real world to accurately track items — everything potentially from your cat to your Amazon parcel.

Then with the benefit of blockchain technology, it will use this location data to execute smart contracts for agreed actions to happen, for example to take payment for an Amazon parcel once it is successfully delivered to your home.

The ICO will start on 20th March and run until 20th May.
How the XYO Network Will Work

How will the XYO Network work exactly then?

Well, you have probably heard of the “Internet of Things.” It is the little gadgets and devices around us that will soon be talking to each other to make life easier for us all.

So for example your phone may communicate with the thermostat in your home, to get an idea of your daily routine and when you are likely to be home so that it can set the temperature to the right level for when you come in.

The Internet of Things (IoT) revolution is coming.

What XYO Network is planning to do is take the huge network of over a million GPS-tracked devices it has in the real world and connect them up to the blockchain to provide a kind of trustless tracking system that could revolutionise how we track objects according to their location and then use that information.

These devices — called “sentinels” — include everything from light bulbs to internet routers, doorbells, garage openers, cars, fridges and not forgetting the more obvious ones like phones and tablets. Or they could even be your microchipped cat.

With all of these devices linked up, they can track very accurately where something is and then use that data to execute a contract on the Ethereum blockchain.
Some Real-World Examples

Here are some examples of what this could mean in practice:
Amazon could move to a payment-on-delivery model, whereby a package is tracked until it reaches your front door and you only pay for it once it is with you.
Hotel review sites could know if people had actually travelled to stay in a particular hotel they have just reviewed, thus eliminating fake reviews.
Airline baggage could be more accurately tracked, so that if luggage doesn’t arrive, you would know exactly where it is and could track its progress back to where it should be.
Medical equipment could be followed to ensure it reaches the correct destination and on time
The tracking of pets could be used, so that if your cat went missing, you would know exactly where it was with a high degree of precision and could the appropriate authorities would be alerted to pick it up.

These are some of the obvious uses for XYO’s technology, but actually there are potentially limitless uses of it.

XYO Network’s technology could be used to track lost pets and return them safely

Where Does the Blockchain Come Into This?

Now you may be wondering — this all sounds nice, but where does the blockchain come into the picture and why is it needed? Surely these devices could just communicate with each other anyway, without needing the blockchain?

Well, XYO Network has developed special new Proof of Origin and Bound

Witness protocols and is thus aiming to make location verification trustless.

The beauty of the blockchain is that it can execute smart contracts automatically if given criteria are met.

It sets up a system that says “if x happens, then do y.” In this case, x could be “if Amazon successfully delivers a parcel to this person’s home” and y could be “take payment for said item from that person.”

So the XYO Network will combine all the connected devices of the IoT revolution with the blockchain to make pre-agreed things happen automatically and without needing a middle-man to verify them.

It is a very bold vision and if it works in practice, could make so many different tasks more efficient and transparent.

ICO Details

Here are the key details of the ICO:

Token symbol: XYO

Contract type: ERC20

ICO opens: 20 March 2018

ICO ends: 20 May 2018

Total XYO supply: limited to total number purchased during token sale, no further tokens will be created

Price: 1 ETH = 100,000 XYO initially and 1 ETH = 33,333 XYO at max

Accepted payments: TBC

The XYO Token

The purpose of the XYO Token (XYO) will be so that smart contract developers can use it to access geo-location verification from the real world.

If you have a smart contract on the XYO Network, like for example if Amazon used it with their packages to take payment on delivery of items, then they would need XYO tokens for their smart contract to make contact with the IoT devices.

This means the more usage there is of the XYO Network, the more tokens will be used.

Conclusion

There aren’t many ICOs that bill themselves as “potentially bigger than Bitcoin and Ethereum,” but with XYO Network the claim may not be as completely crazy as it at first sounds.

Yes the XYO Network is giving itself a rather audacious billing, but this is an ambitious project that — if it comes off — could have fairly profound consequences for the world around us.

The Internet of Things revolution is coming — and should make our lives easier in a lot of different ways.

The XYO Network will allow this revolution to have much greater usefulness in the real world, verifying location data and using that to execute smart contracts.

That could mean everything from verifying an Amazon package has been delivered to rescuing your stranded cat.

It’s a bold vision but if it comes off, could be one of most significant blockchain projects we have seen.

Know more of them by visiting these links below

Website
https://www.xyo.network/

Bitcointalk ANN

https://bitcointalk.org/index.php?topic=3040825.0

Twitter

https://twitter.com/XYOracleNetwork

Facebook

https://www.facebook.com/xyonetwork

Telegram

https://t.me/xyonetwork

Blog

https://medium.com/@XYOracleNetwork

CREATOR

aervin11

https://bitcointalk.org/index.php?action=profile;u=1196880

Bitguild - Future of Gaming

Greatest game ever played.

As a gamer myself, I always dream of earning money while I am playing, I want challenge, I want to be the strongest player of the server and ofc I also dreamed of playing the game forever. As change is inevitable, the game you used to play would innovate and the developers would change a lot on it's gameplay, skins, even the heroes/enemies which makes the gamer feel uncomfortable and end up quitting. What if I will tell you that there is a bunch of games on a platform that would let you EARN (not only ingame items but also fiat), Never ending quests, fair and square competition, and a game that would never be gone (like forever). Here I will tell you more of Bitguild, on how would this work and what problems it would try to resolve using the power of blockhain technology and on how this is what a gamer is looking for.

What is Bitguild?

BitGuild is a decentralized gaming platform built on the Ethereum blockchain. The project aims to revolutionize the current centralized gaming industry by creating a decentralized, global and unified gaming environment, where players own their in-game assets, and all in-game digital assets are tokenized and tradeable. BitGuild further aspires to redefine the relationship between developers and players, by creating an international platform that fosters both player-to-player and player-to-developer interactions. The driver of this platform will be the Platinum (PLAT). An ERC20 token will be used for trading all in-games digital assets on the BitGuild platform.


Do we own our Character?

The problem
We always play just for fun but we are not aware that our kind of fun could vanish if the server is down and we can't do anything about that because we are not the one who owns our character and this happens everytime, whether the maintainance is no longer sufficient or the developers run out of gas to continue the game.

The Solution
Here, Bitguild created a decentralized gaming platform to allow for virtual assets to be stored in players’ digital wallets, where these assets cannot be moved without the player’s permission. The game server interacts with each player by “reading” his linked wallet and loading a visual depiction of his character and items.
( See cryptokitties )

Can we EARN while playing games?

The Problem
In recent years, more and more games restrict players’ ability to sell or trade in-game characters and items. Neither for real money nor for other in-game items. This trend is prevalent mainly among free-to-play games. Free-to-play games are games which require no initial purchase, but instead, virtual items within the game can be purchased with real money but sometimes results on BAN which is the worst thing a player could go through.

The Solution
By using smart contracts, players will be able to trade directly with each other within the game, where a third-party is not necessary (Meaning, there is a designated marketplace for a player to trade his ingame items through the smart contract which is much faster, reliable and most secure mode of payment)


Game Platform

• the game platform designs to be home for both game which has been developed by BitGuild, and games which developed by a third-party. In order for a game to be listed on the platform, it must utilize blockchain and smart-contracts, accept PLAT as the only payment option and feature tokenized in-game items that are player-owned and tradeable.

Incentives for developers: To incentivize developers to launch their games on the BitGuild platform, BitGuild provide the following:

Localize:
BitGuild’s team has a wealth of experience in game localizations. The team is willing to assist developers to localize their games and will translate those games into 15+ languages.

Marketing:
Developers will be able to use more effective marketing strategies. Instead of spending millions of dollars on Google ads, developers will be able to pay that money for the players as an incentive to play their games. Industry resources will become more effectively used.

Funding problem:
BitGuild allows gaming companies to raise funds through the use of smart contracts directly from the players, and thus, solves the traditional revenue-based funding issues (will be discussed in the Design House section).

Crowdsourcing:
BitGuild fosters a decentralized working environment for blockchain games services. Using crowdsourcing, developers may reduce their operational costs.

How Great is Bitguild?

Team
The core team, as well as the advisory board are remarkable. It seems that no better team could be set up for this project. The core team has a wealth of experience in development, publish and operate video games in some of the biggest gaming companies in the US and Asia. The team further brings an essential experience in the areas of game localization and gamified virtual items. Along with the experience in the gaming industry, the project has a top crypto advisory board (Brock Pierce and Justin Sun) and very interesting contributors (Andy Tian, Brock Pierce, Patrick Dai and Justin Sun). these collaborations, increase the project credibility and potential to establish more significant partnerships in the crypto realm in the future.

Complete hub for blockchain game development and promotion
BitGuild aims to build their own blockchain games, but also to attract third party gaming companies to build their games and launch them via the BitGuild gaming platform. BitGuild is helping those projects with legal aspects, community attraction, development of the game and more. BitGuild created a win-win situation, were gaming developers flourish from launching their games on their platform, while BitGuild will enjoy their user base and revenue growth if the game succeeds.

Project feasibility
BitGuild’s objectives are indeed ambitious. However, considering the team and advisors experiences, they seem reasonable. The team brings tangible experience in game localization and virtual items business along with familiarity with both the US and Asian industries. R2Games (which led by Jared), licensed, localized, and published games in over a dozen languages, and had over 80 million registered players from over 150+ countries. given their unique experience, we believe that creating a global unified gaming atmosphere is a feasible goal.

Fair ICO terms
BitGuild seeks to raise a total of 44 K ETH, while 30K ETH already committed. The private rounds can be considered as a major drawback, as the majority of the fund raised through these rounds are given with relatively high bonuses. However, BitGuild uses a lockup mechanism for BitGuild foundation’s, advisors’ and early contributor’s tokens for a period of two years (Vested evenly over time). In addition, Given the project vision and potential, their hard cap is reasonable. All in all, the ICO terms seems fair.

I know you're still curious about Bitguild. To know more of them, try to visit these links below

Website :
https://www.bitguild.io/
Whitepaper :
https://www.bitguild.io/assets/bitguild-whitepaper-v0.72-en.pdf
Twitter :
https://twitter.com/BitGuildPLAT
Telegram :
https://t.me/joinchat/HtbMeE8YtEEDQExesDQgPg
Reddit :
https://www.reddit.com/r/BitGuild/
Medium :
https://medium.com/@bitguild
Bitcointalk ANN :
https://bitcointalk.org/index.php?topic=3090005
CREATOR:
aervin11
https://bitcointalk.org/index.php?action=profile;u=1196880

Jury Online - The truth

Here, we will talk about Jury Online. On how this project could be a great start up using the blockchain and what problems it would solve in order for us to maximize the decentralization, and transparency.

 

What is Jury.Online?

Jury.Online is a standard setting protocol of the future of the ICO. Jury.Online strives to ensure a new environment for the future of the ICOs making them responsible to deliver their ideas into viable projects by securing investor funds on a decentralized escrow smart contract published by the Project. The release of the funds and tokens may be activated only by initiation of each stage of the product's development or by third-party decision of the arbiters linked to the smart contract. Jury.Online has released v.1.0 of the platform together with demo version in Ropsten testnet. Jury.Online supervised and supported by Crypton Capital, which has dozens of projects in its portfolio.

Jury.Online is a revolutionary tool, which changes the interaction between investors and ICO projects once and for all. No more promises. Instead: specific commitments by the ICO project and unconditional financing of the project if these commitments are met. Jury.Online provides independent expert arbitration for fair resolution of any dispute between the parties. The platform will:

• Increase the amount of investments in an ICO project by providing a clearcut mechanism for interaction between the parties
• Protect the interests and assets of the investor or group of investors if a project goes wrong
• Ensure unconditional execution by investors of their commitment to provide long-term financing, tied to the achievement of specific milestones in an ICO project
• Provide a simple and effective way of making a smart contract with one investor or a hundred investors
• Channel the expertise of highly qualified and independent specialists in finance, law, IT and blockchain, who will oversee the project from the time when financing is obtained.

How does it work in practice?  The basis of any project is an idea and the team which implements it. But even the best team will have trouble converting the best idea into a quality product or service without timely and adequate funding. Efficient interaction with an investor is the key to success.

• Where does a strategic investor, who is ready to provide long-term backing for an idea, find immunity to financial losses from unprincipled actions by the project team?
• How can a project be sure of receiving promised investments through the whole period agreed with the investor?
• How can the interests of investors who fund a project through an ICO be protected?
• How can a project make its ICO more attractive and secure for its investors?

All these questions have the same answer: use the Jury.Online platform The technical infrastructure of Jury.Online systematizes the relationship between project and investor and puts the expertise of highly professional specialists in finance, law, IT and blockchain at the disposal of both sides. So potential problems due to misunderstanding between the parties during project implementation are minimized or eliminated. Investing always carries the risk that the project may not live up to its development plan, and every project is exposed to the risk that an investor will fail to provide agreed financing at a crucial development stage. The experts of Jury.Online act as a third, independent party in the relationship between project and investor. In the first place, they help to design a balanced "investment roadmap", where each step forward in project implementation entails receipt of a portion of the total investment. So every new achievement of the project has its own price agreed in advance. The agreed stages of project implementation, tied to specific events, are set out in a smart contract, based on which the investor deposits the entire amount of investments in ETH currency and the project deposits the respective number of tokens. The project records completion of each stage and the investor and Jury.Online experts receive notification. Everything necessary to verify completion of the stage (technical, legal, financial and other documentation, statistical calculations, program codes, access to alpha/beta versions, databases, etc.) is stored in a closed part of the Jury.Online platform. The investor studies this information to obtain assurance that the stage has indeed been completed. A part of the sum in ETH is then automatically supplied to the project, and the corresponding number of tokens is supplied to the investor. The project proceeds to the next stage. What happens if the investor does not verify a stage of project implementation? Jury.Online experts are automatically notified and immediately apply their skill to resolve the situation. If the parties cannot reach a consensus or do not want to negotiate, the experts act as arbitrators. They study all the materials provided, analyze their integrity, quality and agreement with the commitments assumed by the project. Each arbitrator makes his/her own judgment on the case and the final verdict is delivered by a majority of votes. The consequences of this verdict are:

• Return to the investor of the funds deposited for this stage; or
• Transfer of the appropriate portion of the investment sum to the project, if the stage has been completed satisfactorily; or
• Termination of the smart contract (if this possibility is stipulated by its terms and conditions) and return of the unused investments to the investor.

To know more of them, you can visit these links below

 

Website : https://jury.online
Facebook : https://www.facebook.com/Jury.Online.Official
Twitter : https://twitter.com/jury2beonline
Telegram : https://t.me/juryonline_community
Medium : https://medium.com/@Jury.Online
Bitcointalk ANN : https://bitcointalk.org/index.php?topic=2273820.40

CREATOR 

aervin11