Grin (GRIN) Cryptocurrency Listed on KuCoin – Does it Live Up to The Hype? 6495

grin coin gpu mining

Imagine if you had the ability to go back in time and become one of the first people in the world to mine an experimental piece of technology called Bitcoin. Would you do it? Well, you might potentially have your shot with Grin (GRIN) coin.

Grin Coin Could Revive GPU Mining

Lately, Grin has been generating a lot of excitement in the crypto community and it, along with MimbleWimble, might signal the revival of GPU mining. It has been in the works since late 2016 and it is a fully donations-based project that was launched fairly. It is not an ICO, it is not pre-mined and it doesn’t have founders rewards. In a lot of.investors’ minds it kind of pattern-matches to a bitcoin 2.0

In short – Grin is a privacy coin that uses the MimbleWimble blockchain protocol. A  coin with no amounts, no addresses, and it scales by leveraging cryptography to allow most of its past transaction data to be removed.

Listed on KuCoin Exchange

The Hong Kong-based cryptocurrency exchange has just listed Grin (GRIN) and it is now available to buy and sell. Supported trading pairs include GRIN/BTC, GRIN/ETH and GRIN/USDT.

buy grin exchange

We can only speculate on what comes next, but if Grin follows a path to other mineable cryptocurrencies such as Ravencoin we could see a Binance listing earlier rather than later.

Meant for Spending Not HODL’ing?

private spend grin

However, it should be noted that Grin has its own downsides. It is highly inflationary, especially in its early years. There is literally one Grin coin mined every second. It’s actually a block per minute containing 60 coins. There will be no adjustments to the supply, no maximum cap, nor will there be any deflationary halving events to look forward to. In a sense, Grin is designed to be a private digital currency not a deflationary store of value.

Currently Available at a 97% Discount

grin inflation

Grin’s emission is interesting, to say the least. With an infinite amount of coins and a linear supply schedule, it will mean that it will remain under extreme amounts of sell pressure in its early days. The initial surge spiked the coin’s value to as much as $261, which was quickly brought down to the ground by crypto miners. At the time of this writing, you can buy Grin (GRIN) at a 97% discount via Kucoin, currently trading at $4.40.

Right now, Grin seems to be following a similar pattern to Ravencoin. Another mineable cryptocurrency with huger initial inflation that managed to break out of its slump with a vengeance as well as eventually being listed on Binance. It’s logical to assume that Grin (GRIN) could follow a very similar path as well.

As far as mining is concerned there is still an opportunity for first-movers to take advantage of the high rewards from early mining. Just as long as you have the right hardware of course. If you’re not in a position to mine coin you can still pick up some Grin (GRIN) at a relatively cheap price via an exchange.

Conclusion

Overall, if you’re looking for a get rich quick altcoin then Grin (GRIN) is probably not for you. Grin was launched on Jan. 15th 2019. It’s still a very young and experimental implementation of blockchain technology but so was bitcoin at one time. If you feel confident a 97% is as good of an opportunity to pick up a few Grin (GRIN) at Kucoin.

It might not be Bitcoin, but it just might pay off in the long run.

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ICON (ICX) – Whatever Happened to The Korean Ethereum? 6734

icon icx

Bitcoiner since $59BittBurger, gives us his take on the current status of the South Korean ICON project. This post is primarily about a solid uptick in community involvement, decentralized marketing, and the token side of things. For the last year and a half we had a pretty uninvolved community, while the company continued to work under the hood to build something huge.

A lot is happening right now. I feel like nobody knows about it.

It’s Happening

A lot is happening right now. I feel like nobody knows about it. It just started. Most of it. So your patience will be appreciated. But I’ve never seen so much proactivity in this project on the token-side of things before.

new larger office

  • AMBASSADOR PROGRAM: Over the last handful of weeks, the Ambassador program has begun. This program incentivizes the creation of content to promote ICON across social media and the internet. Several Ambassadors have already put out multiple articles that are getting ranked across Google and Medium, bringing attention to the project.

  • ICONSENSUS P-REPS: The number of ICONSENSUS P-REP candidates has surpassed 40 (there will only be 22 voted in) and ICON is beginning a strong marketing push to attract more teams this month, with the goal of reaching 100. Check out the candidate interviews here.

  • EXPOSURE: Some of these P-REP teams which including RHIZOMEICONation, and Ubik have already begun cranking out content, started YouTube video channels, and scrambling to get ICON on podcasts.

  • PODCASTS: Speaking of Podcasts, several investors have begun reaching out to their contacts at several different podcast and YouTube influencers. The goal is to get ICON team members on for an interview, to talk about the project and get the ICON name in front of tens of thousands of faces (or ears). Ricky and others at ICON have been excited to make themselves available for this, which makes all of us extremely grateful. I will be working to get someone on my friend Chico Crypto‘s YouTube channel soon, and a handful of podcasts are already underway for scheduling.

  • EXCHANGES: This past week, a group formed within the Telegram channel to focus entirely on reaching out to as many new exchanges as possible, and getting ICON listed on them. A Trello has been set up, and we’ve already begun making headway on this incredibly important goal.

  • BINANCE USA LISTING: With the advent of Binance USA, both the ICON team and everyone involved are aggressively pursuing assurance that ICX will be listed on the new exchange for US investors.

  • COINBASE LISTING: The same is being done for ICX being in the next couple rounds of newly added coins on Coinbase. I’ve spoken to team members at ICON who have assured me they’ve been following up on this regularly. Please download their app > Sign in > Click “View all Assets” > Then scroll down and click “Follow” on ICON. This is an important metric for Coinbase to decide what gets added next.

  • HIRING PR COMPANY: Two days ago I managed to connect Ricky Dodds (ICONS Head of Institutional Markets in their San Francisco office) to a close friend of mine who runs the PR company which took Genesis mining from nothing to a $2 Billion valuation, and got them on that 60 minutes episode a few weeks ago about Bitcoin. The mining segment in Iceland was thanks to him. Intro email was sent and the two of them have been connected to see if they’re a good fit.

  • HIRING PR COMPANY: Today, I connected Ricky to another company who runs a significantly larger Crypto-focused PR and marketing company. These guys were responsible for some of the biggest successes in Crypto, including Ethereum, NEO, Maidsafe, Qtum, Bancor, Lisk, and Augur. They also managed scaling campaigns for DASH, Ripple, Bittrex, and Kraken. They were excited as they personally know 4 of the 8 advisors listed on the ICON website, and they have an office in Seoul, South Korea in addition to Santa Monica, NYC, Las Vegas, Toronto, and San Francisco. To say I am excited to see the emails flying around today between Ricky and their team would be an understatement.

  • STAKING! 15% Staking is coming in 43 days. The ramifications of this can not be overstated. Aside from the completely speculative “claim” from some that their whale groups will stop suppressing the price at that time (which would be great, if it’s true), I expect nearly everyone to be staking their coins, completely drying up the order book and causing massive upward price pressure come September.

  • INCENTIVE PROGRAMS: I was happy to hear from a team member that several very specific plans are being put in place, after observing countless incentive programs by other projects that have resulted in price gains. The ICON team has realized the importance of creating incentive, interest, anticipation, and excitement for this token, and they’re taking steps to make it a reality for ICX.

icon partnerships

My point in writing this: A LOT is coming in the next 8 to 12 weeks. All of this is centered around recovering and catapulting the price as high as it can possibly go. ICON is seeking out the all-stars in this industry with incredibly resumes, and asking the experts for direction and input.

All of the marketing and promotion has just barely begun. Everything is at ground zero. But its finally happening. All the things we’ve been hoping for, for a year and a half.

How FUSION’s (FSN) Blockchain is Taking Over the 300 Trillion Dollar Financial Industry 3646

Blockchain technology may have an impact across numerous industries but it is poised to change the way we think about Finance in the most profound way.

The incumbent capital finance system is structured around large institutions and regulatory bodies that serve as the trust layer to ensure the security and fluidity of financial systems. But this is set to change, with blockchain technology achieving inherent trust where previously a rent-seeking intermediary was an essential and unavoidable cog in the system.

The opportunities that emerge from the Digital Economy are significant, and Fusion is going to be at the centre of this transformation. The Fusion protocol provides the infrastructure for the financial applications of the future that many businesses and institutions are looking to build.

FUSION (FSN) has three key features that elevate it above other smart contract platforms targeting blockchain finance.

  1.     A feature-rich ecosystem for modeling time-based transactions relevant to many industries, starting with debt instruments, entertainment licensing, asset rentals and more.
  2.     A fully realized interoperability and distributed custody solution that connects different on-chain and off-chain ecosystems and serves as the foundation for decentralized exchange.
  3.     A team with deep traditional finance and technology experience focused on solving real-world use-cases in a flexible and adaptive way.

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