Nano: Past, Present, and Future 2970

With so many new cryptocurrencies emerging, it can be hard to keep track of them all. Most of us aren’t devouring newly-found whitepapers. Instead, we tend to only tune in when there is news of a coin that brings something new to the table.

nanoNano, formerly RaiBlocks, certainly brings plenty of new things to the table. But to say it has had a bumpy ride since its launch in 2015 would be an understatement. By eschewing a blockchain backbone in favor of its novel block-lattice structure, Nano is able to offer feeless, instantaneous transactions. The Holy Grail of cryptocurrency transactions.

So why hasn’t this “wonder coin” taken over the world yet?

What Doesn’t Kill You Makes You Stronger

bitgrail hack

Mention the words RaiBlocks or Nano to anyone who remembers its earliest days, and they will almost certainly bring up the Bitgrail incident. Bitgrail was a small Italian exchange, one of the first to list the newly branded Nano. The details of exactly what went wrong are still a little murky, but due to either malice or incompetence on the part of the exchange owner, a large volume of Nano went “missing”.

While there is little doubt now that the fault for this incident lay with Bitgrail themselves, the incident, and the subsequent ping-pong of blame in the press and online, seriously damaged Nano’s reputation. It threatened to overshadow the hugely successful rebranding and subsequent price surge.

Not many coins could recover from such events. But recover Nano did. Despite its previous problems, Nano is firmly establishing itself as one of the most promising cryptocurrencies out there.

Nano Today

why nano

In June 2018, Nano released their much-anticipated wallet. Others soon followed suit, and before long there were a number of Nano wallets available across different platforms. The release of the first mobile wallets breathed new life into the community, and into the currency itself, attracting people who would otherwise have had little interest in crypto.

The ease with which Nano can be used, and the fact that there are no fees and no waiting for transactions to verify, has made it much more appealing to the average person than other cryptocurrencies.

Between June and today, a lot has happened. Nano has been added to the payment options of an ever-growing list of online and offline businesses. But it is its emergence as a widely accepted currency in crisis-stricken Venezuela that has really illustrated Nano’s viability as a medium of exchange. Again, feeless transactions which can be executed instantly, while the buyer is standing in front of the seller, make Nano far better suited to this than most other coins.

Venezuelan Crypto Enthusiast Buys 102 Kilos of Food from NANO Donations amid Hyperinflation

The last month has also seen the release of the eagerly anticipated V15 of the Nano protocol. The network is now future-proofed and ready to handle the heavy traffic, as measured by transactions per second, that many are sure is imminent.

We are entering the realm of “when, not if” territory as far as Nano’s success is concerned. It hasn’t taken over the world just yet, but the future certainly looks bright for Nano.

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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 3645

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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