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From Cryptogene to Venhub, What’s Next?

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It is a non-contestable fact that among African migrants in the U.S, Nigerians have the highest educational attainment which statistics places at 61.4%. this must be the stimuli that led to the creation of Cryptogene by Bashir Aminu. since Nigeria was recently introduced to the blockchain technology there is a great need to educate Nigerians on the use cases and benefits of the Blockchain and cryptocurrency.

Cryptogene was launched in Dec. 14, 2016 and its aim is to create a community that will foster the teaching/learning process of cryptocurrencies and the blockchain technology. The Ceo of Cryptogene, Bashir explains what the platform will do, “Interactive and educative discussions are always open which enables participants to learn every day from verifiable facts.” the educational process has been a slow but steady one, as slowly but surely awareness is seeping into the Nigerian crypto space. the question now is why venhub?

On the 9th of March 2018, Bashir Aminu announced on his medium page, “we are relaunching Cryptogene as Venhub at #Venmeet, 17 March 2018.” he wrote further “When we launched the Cryptogene Project about 8 months ago, we had the vision of changing lives and solving real problems using blockchain technology. Since then we have encountered our fair share of challenges. This has helped shape us to be better, stronger and more result oriented. We went back to the drawing board and for the past few months, we silently developed plans that would bring the project to the fabled promised land. We have launched a brand that is clean, beautiful and easy to understand. We call it Venhub — Virtual Economy Network Hub: Your gateway to the distributed economy.”

New challenges deserve new strategies and this is what Bashir Aminu is trying to achieve by metamorphosing Cryptogene to Venhub. Venhub will be providing large-scale blockchain solutions, for both enterprise and consumers. an interoperable infrastructure has been set up to provide a link to the benefits of the distributed ledger technology. The good news for this change is that Venhub is a platform that host variety of features for its users. Venhub is an ecosystem housing various blockchain solutions that are currently being developed. they include;

Havene (cryptocurrency exchange), Spiel (e-learning platform), Blockmart (crowdfunding platform), Silk ( crowdfunding platform). as it seems, the Venhub team has got a lot of areas covered.

Although most of Venhub’s blockchain solutions are still under development, the blockchain solution it is going to be providing is vast and one worthy to take note on. since venhub will be having its next conference sometime in August, it is safe for us to ask what else they will be revealing, as this team of blockchain-prenuers has a lot up their sleeves.

What do you think of the integration of Cryptogene into Venhub? Let us know your opinion in the comments section below.
Images courtesy of  Linkedin, Cryptogene, Venhub
Disclaimer:
The Information provided on the website is designed to provide helpful information regarding cryptocurrency subjects. The content is not meant to be used, nor should it be used as a basis, foundational knowledge or prerequisite for decision making regards trading. Always do your own research and due diligence before placing a trade. We are not liable for any outcome based on any content found on the site.

 

 

 

 

 

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Altcoin News

SaBi Exchange to Recommence IOST Trading

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After the IOST, main-net is launched, sabi team will no longer support the deposit and withdrawal of old IOST coins and you can only deposit and withdraw the new coins.

Dear Users,
The IOST Mainnet switch has been accomplished , SaBi Team will recommence the withdrawals of IOST on 14th March 2019.
After the IOST, Mainnet is launched, SaBi will no longer support the deposit and withdrawal of old IOST coins and you can only deposit and withdraw the new coins.

Please make sure that you use the deposit and withdrawal address of the IOST main-net for transactions.

SaBi Team updates her customers

IOST Community Update

We have so much planned for the run-up to Mainnet launch, and Testnet v2.0 will be a vital step in that plan. Developers and projects can now prepare for DApp launches on this final Testnet version, which will then migrate onto Mainnet in February.

This was a statement made by IOST team on their Medium handle regarding the then intedned Testnet and Mainnet Launch which ha been successfully implemented.

Adding more in the Press Release, the team mentioned that last year, they released their first Developer Bounty programs, which coincides with the run-up to Mainnet to make sure they bring in as many developers as possible who are interested in working with and contributing to the IOST ecosystem.

Additionally, IOST released a series of articles which gives a complete overview of the IOST network, protocol and ecosystem. The first in this series were details about IOST’s consensus mechanism and decentralized committee election process .

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Adoption News

PO8 Tokenizes Underwater Artifacts in Bahamas – Says Africa can be next

With the assistance of the blockchain, P08 aims to utilise new maritime technologies, artificial intelligence and robotics to recovering lost cultural heritages

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PO8 Tokenizes Underwater artifact - says Africa may be next

The treasures hidden under the sea will likely remain undiscovered if we all focus on the surface world. However, Bahamas based blockchain company, P08 is changing the underwater narrative as it is creating blockchain solutions to aid in underwater archaeology. The company aims to make marine archaeology accessible through its decentralized applications (DApps).

With the assistance of the blockchain, P08 aims to utilise new maritime technologies, artificial intelligence and robotics to recovering lost cultural heritages that have been shipwrecked in Africa, the Caribbean islands, and other countries. Basically, it’s a decentralised, secure and transparent form of underwater treasure hunting.

PO8 CEO Matthew Arnett and co-founder and COO Raul Vasquez plan to help African nations benefit from the tokenization of newly recovered underwater artifacts. It plans to utilise the blockchain technology and Non-Fungible Tokens (NFTs) to monetize the ownership of $100B dollars worth of sunken artifacts in Bahamian waters.

OWNERSHIP RIGHTS HANDED TO TOKEN HOLDERS

P08 will transfer the ownership rights of any recovered artefact with its economic value into a digital title. However, the recovered items will be kept in the custody of the PO8 Museum Foundation to be preserved and exhibited. It took 18 months for PO8 to assemble its team of marine archaeology and tech, a Dream Team of sort. Included in this team are Dr. David Gallo, TITANIC expedition; Mr. Claudio Bonifacio Shipwreck researcher and author; Troy Launay, member of the Apollo F-1 engines recovery team and Evan Kovacs, a professional underwater photographer.

PO8 aims to be a force to be renown with in the Caribbean Islands, Africa and the world at large. The tech company aims to impact the Bahamas first through the provision of local jobs in marine habitat protection, tech and tourism. Vasquez explained how the company aims to build resources in the African continent saying, “This is the retooling of professionals from downtrend industries to servicing new tech industries launching in Africa…We welcome the opportunity to join arms with local governments to promote sustainability and capacity building through underutilized resources. Entire populations stand to benefit.”

The company also aims to create its first Archeological Treasure and Maritime Museum By restoring artifacts discovered from its shipwreck sites. PO8 recently received the 2018 Creative Business Cup Award at Demand Solutions in Santiago, Chile from the Inter-American Development Bank (IDB).

P08 is currently running its Security Token Offering. For more information on how to get involved or to inquire about its STO, visit https://po8.io/

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Fructus Integrating Bancor Protocol to Provide Continuous Token Liquidity

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Fructus has announced its integration of the Bancor Protocol to provide continuous liquidity for the Fructus platform.

 

By integrating the Bancor Protocol, Fructus token holders will gain access to continuous liquidity regardless of trade volume or exchange listings, through the Bancor Network, where any integrated token can be automatically converted to any other directly from the Bancor Wallet or any Web3 wallet, such as MetaMask

 

The Fructus Token will become instantly convertible with ETH, EOS, BNT (the Bancor Network Token), GNO (Gnosis), BNB (Binance) and more than 130+ ERC20 and EOS-based tokens in the Bancor Network.

 

 

Fructus is aiming to change the business of fresh produce trade and delivery. Starting in the diverse agricultural landscape of Europe, we see an opportunity to scale and change the world

 

 

About Fructus

We believe we can solve global problems regarding fruit and vegetables. Big problems concerning products being GMO’s (Genetically Modified Organism) or 100% organic, expiration date fraud and food waste.

 

 

The way we solve these problems is by making the supply chain for fruit and vegetables transparent.

 

All transactions are processed and registered in the blockchain, giving all parties involved the ability to keep track of products and payments. Customers can see where products are coming from and what was used to help grow the crop. Suppliers can find customers connect without a grocery store in between, keeping products clean and fresh and reducing the food waste.

 

 

Together we can make a difference, so join the Fructus Community and support Fructus.

Visit Fructus to know more about the fruit-safety blockchain project.

 

About Bancor

Bancor is the world’s largest decentralized liquidity network. Bancor functions similar to a decentralized exchange, with a key difference: orders are processed against automated smart contracts on the blockchain, instead of matching two parties in a trade. Any project can easily integrate their token by creating a Relay on the Bancor Network to automate fair and efficient token conversions for users, directly from their wallets. Tokens on Bancor are instantly convertible for one another, with 8000+ trading pairs across ETH, EOS, DAI, BNB & more.

Bancor technologies impact organizations and people across the globe, from blockchain teams to token holders to real-world communities in Africa, Asia and beyond. Visit the Bancor Web  to convert tokens instantly, list your token on the Bancor Network or join the Bancor Telegram group for more information.

 

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Adoption News

Facebook Coin Will Be Just Another Hype!

I think Facebook has killed its credibility with its user base and is looking for ways to stay relevant. -Chris Bates CSO at Bitland World speaks out!

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Facebook coin is just another hype

As had been long anticipated, the high and mighty and the lots, have begun to think Blockchain technologies and cryptocurrencies as the next big thing for their businesses. Despite the current struggling position of the Satoshi’s Bitcoin, the likes of Jp morgan and Silicon Valley’s Facebook have announced the possible launch of their own digital assets.

Even though the above development might have a thing or two to show in line with increased support for global adoption, it has also raised controversy in the space in the area of decentralization.

Chris Bates doesn’t believe Facebook coin projects would be much to look out for.
In his words;

I don’t think it will make much of a difference to be honest.  Facebook has had a payment option in their messenger for a couple years now and people still opt for Venmo or Cashapp over facebook payment option.  I think Facebook has killed its credibility with its user base and is looking for ways to stay relevant.

I think there are ways that they could make their own crypto and platform useful towards the notion of “mainstream adoption”, but even in that I don’t believe “mainstream adoption” would look how crypto people think it would.  Just as an example, let’s say Facebook IS successful at leveraging its user base to make “Facebook coin” viable.

That doesn’t mean anything for the rest of the market, and doesn’t automatically mean 2.5 billion people will then start using bitcoin or whatever crypto.  That really just means Facebook will once again have leveraged technology it didn’t create to exploit its user base and make a profit.

Facebook has been researching blockchain and cryptocurrency for years, and them just now deciding to pull the trigger to me is more of a reaction to the GDPR and European privacy laws that are going to make their data mining practices much less lucrative.

What is your take on Chris’ opinion? Do you think that Facebook has a chance to shock the entire blockchain space given its  particular wealth of community? Lets hear from you in the comment section below

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