UTRUST and Soma Announce Powerful Partnership to Upgrade Classifieds Business Model

Bitcoin Press Release: UTRUST is pleased to announce a partnership to onboard Soma as the first merchant to utilize UTRUST’s upcoming blockchain payments platform.

October 4th 2017 Helsinki, FISoma, the blockchain startup that facilitates trade in classifieds, and UTRUST, a payment processor solution that enables merchants to accept multiple cryptocurrencies from buyers as payment methods while receiving in fiat money, announced a partnership to upgrade the classifieds business model.

“Soma is proud to announce a partnership with UTRUST,” stated co-founder Joseph al Sharif, “UTRUST is a revolutionary payment platform that empowers buyers to pay with cryptocurrencies while providing a groundbreaking purchase protection mechanism. Soma and UTRUST will both benefit by this fruitful partnership and we are excited to begin this collaboration as a long-term union between two innovative concepts.”

This partnership will create an entirely new breed of C2C business models. In harmony with the decentralized model, consumers will trade their goods on Soma, not through middlemen, brokers and corporations, but through mass engagement and ingenious code.

Soma and UTRUST will abolish unfair and incorrect trading fees, thus providing a just proportion of profits among its community. This partnership will usher the era of decentralized social wealth and creating a digital marketplace that will rival with the likes of eBay and Amazon.

About SOMA:

Soma is an Ethereum blockchain-based social marketplace that leverages social capital through its rewarding system and utilizes blockchain technology to create a decentralized ecosystem that incentivizes its community members to perform value-adding services for the benefit of the community as a whole.

About UTRUST:

UTRUST is the world’s first cryptocurrency payments platform to implement consumer protections on a mass scale. The company is building a global PayPal–like payments platform with extensive cryptocurrency support.

UTRUST’s end goal is to provide all the benefits of fast, secure, convenient, and inexpensive cryptocurrency transactions, in tandem with the world’s first cryptocurrency payment protections, which consumers need to fully embrace blockchain technology en masse.

Visit the UTRUST website: https://UTRUST.io/
Follow UTRUST on Facebook: https://www.facebook.com/UTRUST.io/
Follow UTRUST on Twitter: http://twitter.com/UTRUST_Official

Visit the Soma website: https://soma.co
Follow Soma on Facebook: https://www.facebook.com/socialmarketapp/
Follow Soma on Twitter: http://twitter.com/SomaToken

SOMA Media Contact:
Name: Emie-Claude Lamoureux
Email: ec.lamoureux@mlgblockchain.com
Location: Helsinki, Finland

UTRUST Media Contact:
Name: Nuno Correia, UTRUST CEO
Email: nuno@utrust.io
Phone: +41 22 518 70 77
Location: Zug, Switzerland

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Massively Distributed EOS-derived Blockchain XenonNetwork to Begin Token Distribution

Bitcoin Press Release: Enterprise blockchain platform, Xenon announces the launch if its token distribution campaign as it gears for July 2018 release.

October 2, 2017, Auckland, New Zealand – XenonNetwork, an enterprise-scale blockchain launching in July 2018 begins a massive distribution of their native Xenon (XNN) ERC-20 compatible tokens to over 400,000 active Ethereum addresses at the beginning of October. In addition to this, a similar distribution to bitcoin holders will occur in November, followed by a proof-of-individuality public token distribution from November through June 2018.

Andrew Kong, the co-founder of XenonNetwork said,

“The EOS project engages a proven team developing the world’s most innovative and high-throughput enterprise blockchain. However, recent regulatory issues surrounding initial coin offerings in China and the United States, as well as limitations of the crowd-sale distribution model may create potential hurdles for adoption of the project. We present a massively distributed alternative implementation of the EOS project which avoids these limitations.”

The organization proposes to distribute the Xenon tokens as follows:

— 30 percent of Xenon tokens will be distributed to Ethereum addresses containing more than or equal to 0.1 ether in early October.

— 20 percent of Xenon tokens will be distributed to bitcoin holders based on proof-of-holdings in November.

— A further 20 percent of Xenon tokens will be distributed using proof-of-individuality mechanisms to encourage widespread circulation of the tokens.

In July 2018, these ERC-20 tokens will be redeemable for native tokens on the newly launched blockchain.

Mr. Kong further added,

“We believe that distribution and adoption are the most important factors determining the success of a blockchain project. We are determined to have this token in the hands of as many people as possible at the launch of the blockchain in 2018.”

Learn more about XenonNetwork athttp://xenon.network
Access XenonNetwork whitepaper athttp://xenon.network/wp-content/uploads/2017/09/xenon-whitepaper.pdf
Find XenonNetwork on BitcoinTalk athttps://bitcointalk.org/index.php?topic=2209559

Media Contact
Contact Name: Andrew Kong
Contact Email: contact@xenon.network
Location: Auckland, New Zealand

Disclaimer: This press release contains forward-looking statements, strategies, and plans which are speculative and may not eventuate. XenonNetwork has no relationship to EOS.io, block.one, or the founders of the EOS project, other than our stated intention of adopting the EOS MIT licensed open source software.

Xenon is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest.

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TriForce Tokens Blockchain Gaming Announces Membership of UK Gaming Industry Non‐Profit TIGA, and Swiss Crypto Valley Association

Bitcoin Press Release: Blockchain gaming company TriForce Tokens is pleased to announce membership with the UK’s largest gaming industry advocate TIGA, and Swiss-based Blockchain Crypto Valley Association.

October 2, 2017 Coventry, UK – Blockchain gaming solutions start-up TriForce Tokens has strengthened its bid to introduce the world’s first digital ecosystem for an online gaming community, forging a long-term membership with key industry organization TIGA, as well as joining the Crypto Valley Association in Switzerland. For more information on TriForce Tokens’s vision and development objectives, visit the TriForce Tokens website and read the official whitepaper.

TriForce Tokens Steam‐like blockchain based gaming platform is in Early Alpha and can be accessed here for players and here for developers.

With the number of online gamers swelling to 2.2 billion this year and half of them expected to spend, the online gaming industry predicts more than $100 billion in revenue by the end of 2017*, yet is held back by issues affecting development and growth. Led by a visionary team of experts in the field of blockchain tech, computer security and online gaming, TriForce Tokens seeks to spearhead the revolution of the multi-billion dollar online games industry through blockchain technology aimed at solving prevalent challenges relating to both players and developers.

The $100-billion online games industry is ripe for disruption

Market research shows that the online gaming industry will continue to be a highly lucrative market for many years to come. It is one that has experienced consistent year on year growth above 6%, with current trends projecting a $128.5 billion market by 2020.

The evolution of online gaming from console and PC platforms to a widening share from mobile platforms has paved the way for smaller, “indie” companies and individuals to access more opportunities and variability, reaching out to more than 2 billion people who play games online.

However, the crowded and competitive environment competition has made the process of producing successful games, monetizing and marketing, as well as reaching out to new players and retaining loyalty, increasingly complex, particularly for emerging indie developers.

The TriForce Tokens revolution: taking industry challenges head on

TriForce Tokens’ vision of a decentralized platform addresses the prohibitive barriers of market entry, particularly for independent developers who must find a way to produce high-quality games that meet release deadlines within restrictive budgets, limited resources, while contending with the huge costs of marketing. TriForce Tokens will offer developers a way to rapidly deploy common features across any platform and any game, such as tournaments, P2P trading and peer ranking.

Instead of replacing existing revenue models, TriForce Tokens looks to expand on unexplored streams, with a harmonising ecosystem of digital wealth across all platforms. Players can use TriForce Tokens to trade with others or earn them as rewards for competitions. Developers can compensate players with tokens for completing tasks and charge their own fees for P2P transactions.

The transparency afforded by TriForce Tokens will also foster happy, safe and ethical communities, where a unique honour system will recognize players for collaboration and assisting others. Honour profiles allows for a level of transparency that will help combat fraud and negative elements.

To improve player retention, TriForce Tokens also assists developers with providing novel gaming experiences, using big data crunching and behavioural analysis to provide deep player insights.

TriForce Tokens’s blockchain solution also promises an authentication network to help developers minimise piracy concerns, while also allowing them to extract some revenue from pirated content.

Strategic industry organizations for long-term positioning

TriForce Tokens has signalled a clear intent for its revolutionary platform, by partnering up with some of the industry’s most recognized advocates.

TriForce Tokens is a full member of the games and publisher network, TIGA, whose core purpose is to strengthen games development and digital publishing. As an active trade association, TIGA lobbies for the industry among key government decision makers in UK and the EU, positioning the industry in the media and assisting its members commercially.

Since 2010, TIGA has won 24 recognized business awards and continues to influence government policies relating to the games industry. To date, TIGA campaigning has resulted in several successes, including tax credit improvements in 2011, Video Games Tax Relief (2008-2014), the maintenance of a Skills Investment Fund in 2015 and the establishment of a £4 million Prototype Fund for start-ups.

Meanwhile, TriForce Tokens is the latest corporate member of Swiss-based Crypto Valley Association – a non-profit association aiming to build the world’s leading blockchain and cryptographic technologies ecosystem in Switzerland.

Enjoying support from the Swiss government, the Crypto Valley Association is working among other things to advance ICO compliance, including a current project to develop a token launch Code of Conduct. With four of the top six token launches having taken place in Switzerland, and a vibrant and growing blockchain community, Crypto Valley has firmly established itself as a global blockchain center.

TriForce Tokens and Crowdsale

TriForce Tokens (TFT) will be the currency powering payments and rewards on the decentralized gaming ecosystem. They will also be available to trade on external platforms, driving significant appreciation of value as the project grows in strength.

TriForce Tokens Steam‐like blockchain based gaming platform is in Early Alpha and can be accessed here for players and here for developers.

As part of a fundraising exercise to support development of its platform, TriForce Tokens will conduct a public crowdsale of tokens via an Initial Coin Offering (ICO).

A pre-ICO will open on October 14, 2017 (1.30pm GMT) for 48 hours only. Participants in the pre-ICO stand to gain a 60% limited bonus on top of the standard rate of 1 TFT at $0.20. In addition, 50 random pre-ICO participants will be chosen to receive a free Ledger Nano S hardware wallet.

Following this, TriForce Tokens will launch its main ICO event from November 12, 2017 to November 25 (1.30pm GMT), 2017. A 30% bonus will apply on Day 1 purchases and 15% on Days 2 to 7.

A maximum of 375 million TFT will be sold during the ICO from a limited supply of 500 million TFT, while a hard cap of $40 million in funding has been set. Unsold tokens will be burnt.

TriForce Tokens also has ambitions to become the first fully-compliant UK ICO, and is working on ISO27001 certification and General Data Protection Regulations (GDPR) compliance.

The Team

TriForce Tokens is backed by an ensemble of experts from a range of sectors, including corporate management, online gaming, computer security and blockchain development.

Some of its key team members include:

Pete Mardell, CEO

Mardell established himself as a strong engineering professional with his work on a range of technical web applications when he was Head of Development for a recruitment agency in the UK. An avid gamer, Mardell is also a long-time cryptocurrency enthusiast. LinkedIn: linkedin.com/in/petemardell/

Raza Ahmed, CTO

Ahmed has vast experience as a Senior Full Stack Web Developer and qualified blockchain developer, with expertise in Solidity (Ethereum), Javascript, SQL, Node.js, and AngularJS, among others. An MSc holder in Software Development, Ahmed has developed web applications for almost eight years. LinkedIn: linkedin.com/in/razaahmed47/

Dr Nazaraf Shah, PhD Research Engineer

An associate professor at Coventry University’s Faculty Research Centre for Manufacturing and Materials Engineering, Dr Shah currently lectures in Ethical Hacking and Computer Security. Profile: https://pureportal.coventry.ac.uk/en/persons/nazaraf-shah/

Jakub Kafarski, Front-end Engineer

Kafarski has worked on front-end engineering for the likes of Noveo, Madkom and Ericsson across Poland, UK and Sweden. He works as a front-end software engineer at CycloMedia Technology, a leader in its field. He is skilled at JavaScript, React, Redux and Node.js and is a member of Mensa. LinkedIn: linkedin.com/in/jakub-kafarski/

Sorina Rusu, System Developer

Rusu is a passionate developer with extensive experience in PHP and Node.js. Her good organization skills and dedication has been key to her successes with consulting and tech firms in Romania as well in the UK. LinkedIn: linkedin.com/in/sorina-rusu-1b73a668/

Haider Malik, Senior Full Stack Developer

A Javascript expert, Malik also doubles as an instructor at learning academies Udemy and Fullstackhour. LinkedIn: https://www.linkedin.com/in/haider-malik-41521a8b/

Simona Patrut, Marketing

Patrut has a strong marketing background, including a management role at Romania’s Hilmi Medical Center, where she has managed entire product marketing cycles. She is an expert at building new partnerships for strong brand awareness. LinkedIn: https://www.linkedin.com/in/simona-elena-patrut-b4713b98/

Mihai Bratoi, Brand Designer

Bratoi is a Platinum Designer at UK designing firm 99designs. His work focuses on creating unique, memorable designs that responds well to customer needs for corporate needs and social media. Profile: https://99designs.co.uk/profiles/thegunner

Learn more on TriForce Tokens’s website: https://TriForcetokens.io
Read the TriForce Tokens Whitepaper: https://TriForce Tokens.io/resources/white-paper-v3.3.pdf
Chat with TriForce Tokens on Telegram: https://t.me/TriForceTokens
Follow TriForce Tokens on Twitter: https://twitter.com/TriForceTokens
Follow TriForce Tokens on Facebook: https://facebook.com/TriForceTokens
TriForce Tokens on bitcointalk: https://bitcointalk.org/index.php?topic=2222731
Get involved with TriForce Tokens on GitHub: https://github.com/TriForce TokensNetwork
Visit TIGA, TriForce Tokens’s gaming partner: https://tiga.org
Visit Crypto Valley, TriForce Tokens’s crypto alliance: https://cryptovalley.swiss
Watch the TriForce Tokens video on Youtube: https://www.youtube.com/watch?v=n9WI3w1XPKo

Media Contact
Contact Name: Jake Ashby
Contact Email: jake@TriForceTokens.io

Contact Phone: +44 (0) 747 332 8053
Location: Coventry, UK
Company: TriForce Tokens LTD

* https://newzoo.com/solutions/revenues-projections/global-games-market-report/

TriForce Tokens is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest.

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Link: TriForce Tokens Blockchain Gaming Announces Membership of UK Gaming Industry Non‐Profit TIGA, and Swiss Crypto Valley Association

LevelNet, The World’s First Cyber Security Platform Announces Token Sale

Bitcoin Press Release:  LevelNet, the cybersecurity platform with a motto – “SECURITY OF ONE IS SECURITY OF ALL” announces upcoming crowdsale.

October 4, 2017, Irvine CA- The world’s first cybersecurity platform, LevelNet Inc., has today made a public announcement about the upcoming crowdfunding through a token sale. It will be utilizing proceeds from the campaign to develop a cybersecurity platform that integrates all users of antivirus products into a single network. The system allows devices around the world to exchange information about threats, detected in their operating system in real time and prevent virus attacks by hackers from all users connected to this network.

A separate approach to protection is not relevant anymore as individually anti-virus solutions are not able to provide adequate protection. In such a scenario it is necessary to unite.

Pavel Shkliaev, CEO LevelNet, said:

“Today, antivirus products can protect users from some threats, but very often are unable to deal with the latest malware. This is due to the fact, that updates of antivirus programs tend to occur with a delay after the cyber-attack, and in the meantime, users become vulnerable. Our goal is to provide protection from computer viruses, malware and network security threats in real time. “

Present day solutions for virus protection are distributed among many independent products and suppliers. Compared with the immune system of the human body, this is similar to the fact that each organ has its own immune system. LevelNet integrates independent products into a single “immune system”, thereby erasing the boundaries of the capabilities of one anti-virus product, and takes protection to a new level. For the end user this is an easy End-Point Security application, with a range of new features like;

  • Dynamic Whitelist and reputational base.
  • Expertise and analysis of new publishers to connect to Dynamic Whitelist
  • Blocking mode for software not known to the LevelNet network.

Token Sale Recap

The upcoming LevelNet token sale will allow participants to purchase the platform’s native LVL tokens. The token price is locked at $1 per unit, with a maximum availability set at 70,000,000. Following the conclusion of the crowdsale, all unsold tokens will be destroyed. Those interested in purchasing the token to become part of the initiative can do so by visiting LevelNet’s website at  https://levelnet.co.

The LevelNet LVL token sale is set to go live on November 15, 2017. The presale will begin a fortnight early, on November 1, 2017, with a 40% bonus.

LVL Crowdsale Particulars

Token Name: LVL

Phase 1: non-investment

Issuer: Level Capital

Description/Rights: Token owners will be able to use LevelNet services, the LevelNet ecosystem, and all its products, in addition to receiving use of intellectual property rights. Possession of the token gives access to the Buyback Fund and MoneyBack funds secured by a smart contract based on Ethereum. It will be possible to exchange tokens for crypto shares in the second phase of the project.

Payout Structure: A smart contract allows token owners to receive payment from the MoneyBack and Buyback funds starting from the 60th day after the offering.

Quantity of Tokens Issued: 70 million

Nominal Value of Single Token: US$ 1.00

Conditions: Token generation is a one-time event with no additional tokens created in the future. Any unsold tokens will be destroyed following the crowdsale. In addition, the platform will also be destroying the LVL tokens that are exchanged and redeemed, used for ubscription of premium features, business version, API and other LevelNet services.

Funding Requirements: Soft Cap set at $1.5 million and a Hard Cap of approximately $55 million.

Exit Strategy

LevelNet offers three different exit strategies to the token sale participants purchasing LVL tokens.

Short-term (up to one year)

The LVL token holders can choose to sell the token by taking part in the smart contract run BuyBack program. The smart contract, by supplying liquidity from BuyBack fund will be responsible for encouraging the growth of LVL token price on exchange platforms. The smart contract automatically redeems tokens from the market by creating Market Order. Its algorithms actually indicate to the market participants that they can always sell tokens at a market price without delays, by creating a demand for tokens. The buyback fund is formed at the expense of funds received during the ITO and the buy-back runs till the funds are exhausted in this fund.

Long-term (one year and more)

Token holders who have not sold their tokens in a short-term strategy receive a preemptive right to exchange the token for a stake in the fund, whose purpose is to acquire local cybersecurity companies with the subsequent integration of LevelNet technology into their products. The Fund provides for a gradual decrease in the equity participation of founders and transfers to participants, who invested in the following phases of ITO. Owning a share in the fund opens the possibility of participating in the distribution of profits.

Output in the product (year and more)

Tokens owners get access to LevelNet project software. Besides it also opens the ability to exchange tokens for a subscription to use the API and SDK for corporate users. This, in turn, allows tokens owners to sell subscriptions to corporate and business users.

About LevelNet Technology

LevelNet integrates virtually all existing anti-virus technologies into one simple, user-friendly application. This distributed system enables participants to share threat data globally and in real time, allowing for the entire system to become much smarter, much faster, than any single security, cybersecurity provider can do today. LevelNet significantly boosts the capabilities of any user installed anti-virus programs. If a user does not have any security applications installed, LevelNet can take advantage of its distributed network platform and act as a self-standing application. Today’s cybersecurity solutions are limited. As one of the main providers finds a threat, it will often take significant time for that knowledge to be distributed to the total system. New malware takes advantage of this window of time to infect the greatest number of devices. LevelNet creates an integrated, global, and immediately responsive system to stop more malware earlier than it was possible before.

About Company

LevelNet Inc. is a cybersecurity company based in Irvine, CA. Founded in 2016. LevelNet provides new opportunities for effective cyber-protection as well as new business ideas.

Learn more about LevelNet athttps://levelnet.co
Read the whitepaper herehttps://levelnet.co/files/LevelNet White Paper.pdf
Follow on Twitter at@levelnetwork
Follow on Facebook at@levelnetwork
Join the discussion on Telegram – https://t.me/joinchat/GHTE40NTXjl5p3H27VceBw
Watch on YouTube athttps://www.youtube.com/channel/UCB6xtJLAFD-ovTTyr9JhjDw
Follow the blog athttps://medium.com/@LevelNetwork
Steemithttps://steemit.com/@levelnet
Instagramhttps://www.instagram.com/levelnetwork/
Reddithttps://www.reddit.com/user/LevelNetwork/
Bitcointalkhttps://bitcointalk.org/index.php?topic=2212642.msg22292194#msg22292194
Angel Listhttps://angel.co/levelnet

Media Contact
Contact Name: Danil Fadeev
Contact Email: danil@levelnet.co
Location: Irvine, CA

LevelNet is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest.

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The Tell: BlackRock’s Fink says rise of bitcoin shows ‘how much money laundering is being done in the world’

Fink: ‘I am a big believer in the potential in what cryptocurrencies can do’Larry Fink, chief executive officer of asset management behemoth BlackRock Inc., says bitcoin and other cryptocurrencies may help to identify the extent of money laundering happening across the globe.
Source: Marketwatch Bitcoin News
Link: The Tell: BlackRock’s Fink says rise of bitcoin shows ‘how much money laundering is being done in the world’

Market Extra: Bitcoin is creating stark divisions on Wall Street

Bitcoin bulls and skeptics are making wagers on the future of the digital currencyBitcoin has become one of the most polarizing topics on Wall Street, and it has crystallizing a clear divide between those who think the digital currency is doomed to end in tears for investors and others betting that it has a bona fide future.
Source: Marketwatch Bitcoin News
Link: Market Extra: Bitcoin is creating stark divisions on Wall Street