Sports betting can be big business in the United States; The New York Times estimated the value of illegal sport wagers in the USA at $150 billion a year. The potential market for such betting is huge; there were 57.4 million fantasy-sports players in North America in 2016, according to an Ipsos Public Affairs poll commissioned by the Fantasy Sports Trade Association.Read more
Specifically, Pundi X has created a device, a sort of payment terminal that connects with a user’s phone allowing them to spend cryptocurrency at a brick and mortar store. The ultimate goal would be a sort of Square (NYSE: SQ) for the cryptocurrency payments. That is a device that would function as a cash register for cryptocurrency transactions.
Each of these cryptocurrencies provides a cautionary tale for altcoin investors and speculators. The moral of that story is that each of these projects is theoretical and their technologies and business plans unproven.Read more
What will take to force the Fed to crack down on payment apps? The theft of hundreds of millions of dollars from average Americans through a security breach in Apple or Google Pay?
Contrary to popular belief, money can be created without a government mandate. Any medium of exchange that citizens accept can function as money and create all the problems that money can such as inflation.Read more
Spindle announces the start of its SPD crowdsale event. The SPD token will be usable in Spindle’s ZETA platform.Read more
Personal Data is worth a lot of money, but nobody knows exactly how much. A Medium post by Wibson gave a figure of $240 a year per person which is good, but at odds with Opiria’s estimate of $5,000 a year.
Wibson’s estimate is only based on advertising data, rather than specific information collected by companies. Estimates for Big Data are a little lower; its value was estimated at $125 billion in 2015 by Forbes.
One way Coffey v. Ripple Labs would change the cryptocurrency market is by proving that ICO and altcoin owners have many of the same rights as stockholders.
If courts agree with the claims of Coffee’s lawyer; James Q. Taylor-Copeland, the case might force the Securities and Exchange Commission (SEC) to regulate all ICOs and cryptocurrencies like securities.
That might create a level of regulation and legal oversight that would make cryptocurrencies unprofitable and perhaps unviable in the United States. It would certainly threaten all the financial services altcoins such as BAAB (BAX) and Bancor (BNT).Read more
Rivetz (RVT) is sort of the equivalent of venture capital with one very interesting difference. Investors simply get the token, which has no value in itself, and no ownership in the company.
Rivetz (RVT) is an ERC20 protocol (Ethereum-based) token that is compatible with Bancor (BNT) and part of the Bancor Network or liquidity. That gives it a little value as a cryptocurrency; it had a Coin Price of 0.00044 in Ethereum (ETH) on May 7, 2018, but no value as an investment.Read more
The Australian-based Power Ledger’s ambitious plans go far beyond a P2P marketplace for electricity.
Long-term goals include a platform for “neo-retailers” businesses that will market electricity to the public. They would be similar to the retailers that sell prepaid “airtime” for phones and other wireless devices.
Another key component of Power Ledger’s plans will be “Microgrids” that make it easy to monitor electricity usage and collect data about it. The effort in Evanston is a test of that concept.Read more
QTUM Heroes is a collaborative effort of Mob Arts and blockchain provider Qtum (QTUM). It is designed to be the first of many games Mob Arts and partners, Qtum, Tencent Games, Garena, and Nexon (TYO: 3659) plan to distribute through 777.Bingo.
Mob Arts’ next and far more ambitious game designed for cryptocurrency payments; Doom of Aliens is scheduled for launch on 5 May 2018. Unlike QTUM Heroes, Doom of Aliens is a multiplayer strategy game that will offer single-payer communication and instant fights for players all over the world.Read more
Blockchain platform BINGO has launched QTUM Heroes – an online arena game designed to support cryptocurrency payments.
The unique game was developed by leading game studio Mob Arts in collaboration with the QTUM blockchain. Cryptogaming is about to level up with the release of QTUM Heroes, the first interactive player vs. player game to run on a blockchain.
The new game builds on Mob Arts gaming studio’s runaway success, House of Heroes, —the first third-party game released on all Tencent platforms.Read more