Connect with us

News

Digital Land for Sale: New AR Asset Enters Blockchain Market

Nino Team

Published

on

 Digital Land for Sale: New AR Asset Enters Blockchain Market Digital Land for Sale: New AR Asset Enters Blockchain Market

The Arcona augmented reality (AR) ecosystem has a lot on offer in April. The project has already developed state-of-the-art algorithms and received great feedback from experts and blockchain enthusiasts. Almost 7,000 people have joined the Arcona community.

The first digitalized zones will appear in 10 of the world’s largest megacities: New York, Rome, Paris, London, Tokyo, Beijing, St. Petersburg, Barcelona, Mexico City and Istanbul. A few of Arcona’s ICO participants already own plots of Digital Land. For example, in December 2017, a New York-based tech journalist obtained more than 328 feet in a Soho neighborhood.

Digital Land: What’s the market value?

The Arcona ecosystem, based on blockchain technology, has created a truly revolutionary asset called Digital Land. You can buy, sell, rent or donate it, or launch your own business or create an art project on it. The only difference between real land and this Digital Land is that the land you own is located in an AR layer being created and integrated across the globe.

Arcona’s Digital Land project represents a virtual impression of the planet’s surface tied to specific locations in the physical world, which is prepared for the remote placement of 3D content. So, even if you’re in New York, you can easily acquire a piece of digital land in the center of Mexico City and run an interactive exhibit there, without leaving your office.

But how can the liquidity of this new asset be determined? It’s very simple.

Let’s take London as an example. Its population exceeds 8.5 million people and an additional 19 million tourists visit every year. They are all potential customers. An innovative and high-quality AR project in a popular location can attract thousands of spectators providing ample opportunity to produce significant advertising income. Large audiences might be enticed by the launch of a virtual theme park or the broadcast of an exclusive pay-per-view show. It’s a standard business model: the reality is the only thing that’s different.

Real Profit in the Virtual World

If creative AR experiments aren’t your thing, you can still get involved by selecting plots in top business districts, historical centers and shopping areas. Such locations will always be in demand by those who want to develop interactive businesses. Therefore, there are great rental and leasing opportunities. Arcona will digitize lands with the greatest potential first.

Only participants of Arcona’s ICO will be able to purchase the most appealing Digital Land plots. Before Arcona tokens are released to stock exchanges, many closed auctions will be held with a starting price as low as 1 token per square meter of Digital Land.

The Arcona token is the basis of the system’s economy and its single internal currency. It opens access not only to digital land trading, but also to all functions and services within the Arcona ecosystem: 3D content trading, the design and presentation of AR projects and the opportunity to participate in the development of the ecosystem itself.

Creating a Community of Creators

There are significant advantages to joining the ecosystem earlier rather than later. Tapping into the roots of blockchain, Arcona proposes to make certain early decisions through consensus. The initial community of tokenholders will be able to vote on the sequence of land digitization, for the implementation of certain platform projects and to moderate disputes and resolutions.

All token owners will be able to offer technical and creative solutions to improve the platform’s overall performance. At the same time, the use of smart contracts will guarantee the intellectual property and copyright of each participant. The openness of blockchain technology along with smart contracts provides additional assurances for Arcona’s Digital Lands ownership rights, ensuring that all transactions within the system are reliable and transparent.

Arcona’s ICO launches on April 15. All participants will automatically be entered into a drawing for unique prizes. In March, a plot of Digital Land in the center of Tokyo was awarded to Yuri Dyatlov.

“My next trip to Japan and Tokyo is planned for late 2018,” Dyatlov said. “I might be coming to an unfamiliar country, but there’s already of plot of my own land waiting for me.”

In April a plot in Tokyo next to the famous Sensō-ji temple (金龍山浅草寺 Kinryū-zan Sensō-ji) in the Asakusa district went to Jhen de la Cruz. It’s a part of an ancient Buddhist monastery dating back to the 6th century, long before the modern city of Tokyo was founded.

This article appeared first on Cryptovest

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

News

VeChain (VEN) Announces Cahrenheit Automotive Project but Market Price Looks Worrying

Nino Team

Published

on

 VeChain (VEN) Announces Cahrenheit Automotive Project but Market Price Looks Worrying VeChain (VEN) Announces Cahrenheit Automotive Project but Market Price Looks Worrying

The VeChain (VEN) project has unveiled a new project, dubbed Cahrenheit, which is a blockchain-based automotive ecosystem based on the VeThor blockchain. The VeChain Foundation participated in a closed funding round for the project, thus becoming both a technical and a financial backer. The Cahrenheit project aims to provide a decentralized searchable store of information for clients and enterprises, to achieve the free flow of information in the car industry.

“I am extremely excited to be working with Cahrenheit to further develop VeChain’s already strong presence within the automotive industry though its partnership with BMW and Renault (PA:),” said the founder and CEO of VeChain, Sunny Lu.

However, the recent successful new blockchain launch and the release of a mobile wallet did little to stem the sudden drop in VEN prices. Just as VEN rose against the market in past months, recently, the coin lost its backers. Despite the strong community, when it comes to trading, volumes have dwindled.

Some see the price of VEN as going through a freefall, possibly dropping much lower before any signs of recovery. VEN continued to slide ahead of the weekend, falling to as low as $1.61 on Friday in a continued unraveling in the past week. The prices below $2 caused panic and expanded the selling.

!veChain!

One possible explanation for the slide in VeChain prices was that after July 1, the requirement to hold onto 6,000 VEN to qualify for X Node Status was removed. So, owners of X Node status were satisfied that their node status was secured, and went on to trade their assets.

The question remains how many X Node holders would buy back the VEN coins in order to start staking them and receive rewards.

The other reason for the selling is that the token swap had a rather long deadline, and the new blockchain, launched on July 1, is not handling transactions or giving rewards. Users have observed that there are no new tokens to run on that network. Analyst Jackson Rockwood further mentioned in his recent blog that those who expected immediate staking and rewards were disappointed, leading to selling.

Until recently, the VEN market price was supported precisely because a large section of the token supply was locked away. Still, VEN is seen as one of the potentially growing projects, which could lead to a price increase in the longer run.

Neither the author nor the publication takes any responsibility or liability for any investments, profits or losses you may incur as a result of this information. Cryptocurrency trading and investing is risky and market participants are advised to always conduct a thorough research.

This article appeared first on Cryptovest

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Continue Reading

News

Huobi Strategic Partner HBUS Launches API for Large-Scale US Traders

Nino Team

Published

on

Huobi Strategic Partner HBUS Launches API for Large-Scale US TradersHuobi Strategic Partner HBUS Launches API for Large-Scale US Traders

HBUS, the U.S. “strategic partner” of Chinese cryptocurrency exchange Huobi, confirmed the release of its API for “experienced traders” in some U.S. states, according to a press release shared with Cointelegraph.

HBUS highlighted that the API was geared to high-volume users who required live pricing data and other tools. In addition to price tracking, the API will also offer historical price data, support for margin trade customization support, setting buy and sell limits, and retrieving trade history.

Continue Reading on Coin Telegraph

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Continue Reading

News

Verge (XVG) Technical Analysis: Big Plans Ahead but Looking Bearish in the Short Term

Nino Team

Published

on

 Verge (XVG) Technical Analysis: Big Plans Ahead but Looking Bearish in the Short Term Verge (XVG) Technical Analysis: Big Plans Ahead but Looking Bearish in the Short Term

Verge continues its three-month long downtrend with a further 8.2% drop against BTC on Friday, quashing hopes that the rising market would provide XVG with an opportunity to recover its losses.

New developments have been few and far between since the Pornhub partnership disaster that crippled the currency’s price action earlier in April. Verge had teased the community, pledging to announce the biggest partnership in crypto, and speculations that the partner would be Amazon (NASDAQ:) created huge interest in the lead up to the announcement, but when it finally arrived investors were less than impressed and the price has failed to gain traction since.

Looking at Verge’s roadmap however, we can see some promising new developments going on behind the scenes that could create new bullish opportunities in the near future.

  • RingCT is in development right now at 35% completion, which will allow Verge users to mask their trading amounts over the network.
  • Verge have also stated that they are looking to integrate RSK smart contracts, which is at 25% completion.
  • The project is also planning on creating an I2P anonymous mobile wallet sometime in 2019.

Right now the asset is resting back along its base support at 330 Sats where it was able to springboard back bullishly out of the heavy bear market in March this year. Can we expect history to repeat itself over the coming weeks? Or will this bearish episode continue into next month? Let’s take a look.

On the chart over 4hrs we can see that Verge has completed another ‘boom bust’ cycle, having finally corrected back to the support after surging through April on the aforementioned partnership hype.

Momentum over this week has dropped significantly, causing XVG to break bearish through the base support, as Bitcoin’s progress in the market slows down again. Key supports for this asset now are along the 240 Sats mark and the 200 Sats mark at the 0.0 fib level, but we could see a brief bounce back above the base support if traders catch XVG when it oversells on the RSI indicator.

If this is the case and XVG does manage to claw back some ground, it may not be enough to encourage a bullish reversal. On the charts we can see several bearish indicators that are likely to deter investors from jumping into orderbook just yet;

  • Looking at the EMA lines we can see that prior to this recent drop in momentum, XVG was actually travelling well sideways for an extended three-week period, allowing the 50 EMA to begin catching up to the 200 EMA. For now, though, we will need to see much stronger trading volumes to achieve a ‘golden crossover’ between these moving averages.
  • Ichimoku has just flipped over from a projected support to a resisting kumo cloud and supports a downtrending continuation with a bearish T/K crossing.
  • MACD is lagging below the signal line, showing no signs on converging back at this moment in time.
  • Candles on the Chaikin Money Flow indicator are also well below the zero line, telling us that candles are trending beneath their opening values.
  • Bollinger bands are starting to expand, with candles dropping below the lower band as selling pressure increases.

Verge (XVG) price predictions

All ROI’s and losses are set from the 317 Sats mark where the asset is currently valued.

Price Target 1 (Bullish): In anticipation of a rebound, the asset is likely to recover back to the 330 Sats base support (4.10% ROI) but will struggle to break through it and continue further.

Price Target 2 (Bearish): From here XVG will probably incur further bearish opposition until it finds strong support at 240 Sats (-24.29%) where bullish traders are likely to begin collecting.

Once support arrives for XVG they will need to overcome a strong overlapping resistance area between the downtrending and base support levels.

This article appeared first on Cryptovest

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Continue Reading

News

UK Law Commission to Review Legal Frameworks to Remain ‘Competitive’ in Era of Smart Contracts

Nino Team

Published

on

UK Law Commission to Review Legal Frameworks to Remain ‘Competitive’ in Era of Smart ContractsUK Law Commission to Review Legal Frameworks to Remain ‘Competitive’ in Era of Smart Contracts

The U.K. Law Commission will review legal frameworks to ensure that British courts remain a “competitive” choice for businesses that use smart contracts. The announcement was made in the Commission’s 2018 report released July 19.

The Law Commission was established in 1965 with the main tasks of monitoring the laws of the U.K. and recommending reforms.

Continue Reading on Coin Telegraph

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Continue Reading

News

Cryptojacking is Losing Traction in the Second Quarter of 2018 – Malwarebytes Report

Nino Team

Published

on

 Cryptojacking is Losing Traction in the Second Quarter of 2018 - Malwarebytes Report Cryptojacking is Losing Traction in the Second Quarter of 2018 – Malwarebytes Report

For nearly a year now, cryptojacking has become one of the quickest-growing attack vehicles for hackers all over the world, promising immense profits with a minimum effort. CoinHive, a provider of mining scripts so that websites can use their visitors’ CPUs as an alternative to advertisements, has been a great facilitator for this trend.

However, the number of cryptojacking incidents hit a plateau in the second quarter of the year, according to the latest “Cybercrime Tactics and Techniques” report by Malwarebytes.

“Cryptomining detections are slowly declining; however, as one of the top two detections for both businesses and consumers, they still dominate the threat landscape… Ultimately, many criminals aren’t getting the return on investment from cryptomining they were expecting. The cryptojacking craze will likely stabilize as it follows market trends in cryptocurrency; however, a massive spike or downturn in the currency market could quickly impact those numbers one way or the other,” Malwarebytes wrote.

Thus far, it’s been difficult to measure just how much one specific cryptojacker would make out of such an operation. Most of these hackers would use Monero, a cryptocurrency that specializes in hiding the balances of wallet holders.

The answer to this mystery, however, may as well be “not much” as we’re seeing a slight downward trend in the number of cryptojacking incidents as a whole.

On the flip side, it’s easy to suspect that the decline may be due to traditional cryptomining malware losing its appeal. This is because most of the older software would mine , which is no longer very easy to attain or profitable to mine. Monero, on the other hand, is still somewhat easy to mine and even easier to build mining malware for. A simple XMRig payload would be enough for any malware to do its bidding.

Despite the conclusion of Malwarebyte’s researchers, it’s quite possible that cryptomining malware will continue to be one of the most serious issues in cybersecurity for the foreseeable future.

This article appeared first on Cryptovest

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Continue Reading

Trending

Copyright © 2018 NinoMag