The Price of Bitcoin Cratered in 2018 But Here’s Why ICOs and VC Funding to Crypto Is Breaking Records

The Price of Bitcoin Cratered in 2018. But Here's Why ICOs and VC Funding to Crypto Is Breaking Records

WAN CHAI, HONG KONG, HONG KONG ISLAND
A Bitcoin ATM machine in Wan Chai, Hong Kong.

The value of cryptocurrency poster child Bitcoin may be flagging heading into the second half of 2018, but excitement in the space only appears to be increasing—at least, when considering venture capital funding and initial coin offerings (ICOs) during the first half of 2018. Indeed—if 2017 was a windfall for Bitcoin owners, 2018 has so far been a nightmare. The cryptocurrency has shed roughly 50% in value since the new year and is now at about $7,400, far from its all-time high of $20,000 in December. Similarly, jobs listings related to Bitcoin and blockchain appear to have followed the ups and downs of the cryptocurrency’s price.

Amid the dark days for crypto enthusiasts, however, are signs that investors still believe that cryptocurrency trading will continue to grow, and are also betting on the future of its underlying technology—blockchain. Take venture capital funding that goes to early-stage, often highly risky, startups, as an example. Globally, venture investors poured in $964 million into blockchain or cryptocurrency-related startups in 2017. Now, not even half way through 2018, investors have already exceeded the prior year’s funding by plowing $1.4 billion into such startups.

Though cryptocurrency values have fallen 46% to $329 billion according to CoinMarketCap, venture capitalists such as David Pakman, a partner at Venrock, still think trading of such assets will rise in the long run. “There is so much institutional money waiting” for a properly regulated cryptocurrency exchange, said Pakman, whose firm struck a partnership recently with New York-based firm CoinFund, which helps entrepreneurs build startups using blockchain. “We’re not watching the price of the cryptocurrencies as a barometer of the health of the industry. We are wondering which projects will gain large market share, and what new problems they may solve.”

Much of those gains in venture capital funding have also been driven by investors who see promise in blockchain, a database held by multiple parties that updates in real time, says Nizar Tarhuni, associate director of research and analysis at PitchBook. Developers have looked into using blockchain to solve a host of problems, from tracking pork and diamonds to solving the refugee crisis. With increasing regulatory scrutiny on ICOs, which became popular in 2017 as a way for startups to raise funds more cheaply and quickly, some investors may also be looking instead to get into crypto by funding companies through more traditional means such as venture capital, says Andy Tang, managing director at Draper Dragon Fund.

“We see more investors investing in equity rather than tokens themselves. Because tokens are still a grey area in the U.S. Equities are not,” he said. That continued bullishness in the crypto space has led to the four largest venture capital deals in the industry yet, including a $133 million fundraise for Basis, a firm creating a coin with a set value, and $122 million to R3, an enterprise blockchain startup, according to PitchBook data. But here lies the paradox. Despite this increased regulatory scrutiny in nations such as the U.S. and China, fundraising from ICOs has only risen since last year.

The hot new thing of 2017, initial coin offerings were billed as a way to raise startup funding quickly, and cheaply—cutting out advisors and middlemen. But government officials have questioned issuers’ claims that some ICOs don’t involve equity stakes, and therefore are not subject to more onerous securities regulations. The U.S. Securities and Exchange Commission has recently cracked down on the space, while the Chinese government has sought to ban ICOs outright. Still, investors and ICO issuers have continued seemingly without concern in 2018. Investors have poured $9.2 billion year-to-date into ICOs, according to Coinschedule, into a total of 343 offerings so far. Notably, Coinschedule also includes pre-sales, such as that of secure messaging platform Telegram’s massive $1.7 billion raise. That dollar amount this year dwarfs what ICOs raised a year earlier: about $3.9 billion spread across 210 deals.

So who is investing in ICOs? Mostly investors outside of the U.S. and China, says Coinschedule CEO Alex Buelau, in countries with more ICO-friendly regulations. “Most ICOs now have a clause that you can’t be an American or a Chinese investor to be a part of this ICO,” he said. “So now ICOs are based out of Singapore, Estonia, Malta, or Gibraltar.” In some cases, governments, such as Venezuela, have even embraced cryptocurrency, with the country’s $735 million pre-sale of Petro coin, a digital currency pegged to the price of oil, now considered the second largest ICO of the year.

Less regulatory oversight though, may not always be a positive sign. Included in Coinschedule’s ICO figures may be fundraises by startups with shoddy track records, buoyed by investors who similarly, may not have enough experience to make such investment decisions. Meanwhile, the infrastructure to deal with hackers and scammers seeking to get a piece of ICO funds is still weak. During the anticipated $4 billion EOS ICO, which is set to conclude 7 p.m. Friday, some investors said they had fallen prey to phishing scams.

And there lies the flip side to the increasing funds moving into crypto. The bottom line for venture capitalists: Early stage companies are risky, and much of the dollars going in may never come out. “There’s high amounts of early stage speculation in cryptocurrency startups that could be really risky,” said Pakman. “And a bunch of those projects could never ship, or ship and end in failure.“

Article Produced By
The Ledger-Bitcoin

http://fortune.com/2018/06/01/bitcoin-price-ico-2018-record-billions/

 

As ICOs Get Compliant What Does That Mean for Airdrops?

As ICOs Get Compliant What Does That Mean for Airdrops?

ICOs Are Getting Compliant and Airdrops Will Have to Follow Suit

We’re approaching the halfway point of 2018 and so far over 340 ICOs have raised almost $9 billion between them. Even amidst concerns over regulation, scams, and hackers, those numbers are not to be sniffed at. In fact, while most people think of last year as the non-stop party for ICOs, 2017 saw just 210 of them raising under $4 billion in funds.

What gives? It seems that even with bearish market sentiment and the US SEC breathing fear into the hearts of blockchain startups, ICOs are still going strong. Of course, what happens after they raise the funds remains to be seen–as well as what direction legislation will take. So while many blockchain companies are still bullish on ICOs, others are finding themselves erring on the side of caution and evaluating their options. And as with everything surrounding this decidedly gray area, there’s some confusion as to what those options are.

What Are Compliant ICOs?

A compliant ICO, or STO (Security Token Offering), is regulated by the SEC from the start. There are four major paths open to a US blockchain company that wants to hold a regulated offering and they each have their pros and cons. One of the alternatives, for example, is a using an existing securities exemption called a Reg A+. You can raise up to $50 million and open your offer to anyone over the age of 18. The catch? You need two years of audited financials and significant time and money.

A Reg CF is an easier and cheaper way of raising funds, but you’re significantly limited to how much you can raise (less than $2 million). Fintech Merchant Accounts helps blockchain companies to hold compliant ICOs. CEO Edward Corona says, “keep in mind that they [compliant ICOs] still do not provide business owners the freedom and control of an unregulated ICO.” Right. But then, of course, they also don’t provide business owners with the possibility of ending up behind bars.

Another major advantage of holding a compliant ICO is that you can solicit your deal and advertise it anywhere, making it far easier to raise awareness for your token sale. With Facebook, Twitter, Google and Bing all banning ICO adverts, taking the regulated route will allow you to use these channels for greater exposure. You’ll also ease the troubled minds of many would-be investors rattled by the recent bad press.

What Does This Mean for Airdrops?

Several ingenious ICO teams have taken to creative ways of marketing their projects by using airdrops. Effectively, distributing free tokens to interested parties and creating buzz for their sale. We’ve even seen some incredible physical airdrops, with tokens falling out of balloons.

In this herculean effort to circumvent securities laws, airdrops have gained momentum. Who doesn’t love free money, right? You can even sign up to be alerted to up-and-coming airdrops and revel in all the free cash. But if your Mom ever told you nothing in life comes for free, sorry to say she was right.

Websites alerting people to airdrops

Just as there’s no such thing as a free lunch, there’s no such thing as free stock. That’s not just Momma talking, that’s the Securities and Exchange Commission, as well. So, if you thought that airdrops were an excellent way of getting around the ad ban, or marketing your ICO, you should probably shelve that idea too.

Airdrops are not compliant either.

And they will likely be regarded as security transactions, which presents quite a problematic scenario. Darren Marble, CEO of CrowdfundX, a marketing firm for STOs, points out, “You can’t just send shares of stock to people. The problem with an airdrop is that it’s generally incongruent with US security laws.” So, that great marketing tactic for creating awareness and even escalating FOMO? Not such a good idea after all. “My general advice for STO issuers,” he continues, “I would put that airdrop concept on hold. I would advise anyone in the US not to do it. I get it, it’s a good marketing tactic, but there’s too much risk and uncertainty.”

This Isn’t Fun Anymore

Regulation seems to paint a gloomy picture. Just utter the word and it sends the crypto markets quivering. But the purpose of regulation seems to be two-fold. To give blockchain companies a legal framework from which to work, and to protect investors from ICO scams. According to Marble, blockchain companies shouldn’t get too downhearted. Even though it feels as if their wings are being clipped, there are still plenty of ways of getting funding. He says: “I don’t think real teams should be that concerned. If you have a real blockchain concept or team and you’ve got some skill or differentiation or an incredible vision, the fact that you can’t advertise on Twitter should not deter you or stop you from raising money.”

Hedge Fund Funds

So, you can’t (or don’t want to) hold an ICO, you can’t drop free stock into investors’ wallets and you can’t wow users on social media. But there are still other ways to raise money and they may sort the wheat from the chaff. “If you look at what’s happening in the space, there was obviously a huge rush of retail investors into the market in 2017 and now that’s largely subsided. The Google searches for Bitcoin have dramatically decreased. The conversation about Bitcoin at the dinner table was last Thanksgiving. Now there’s a rush of crypto hedge funds.”

We’re talking about small hedge funds that have anywhere between $5 million to $500 million to invest. And they’re waiting to hear about your project. “Innovative companies,” says Marble, “even if you’re a small team, you can go out and find a page that lists all these funds and then contact these people. The best deals in the space are being funded by a small group of passionate crypto hedge funds that aren’t necessarily impossible to reach.”

Closing Thoughts

The future of fundraising may look a lot different, but it doesn’t have to be gloomy. As ICOs and airdrops start to subside, so too, should the deluge of shitcoins and hollow white papers selling nothing but air.

Article Produced By

Christina Comben

Christina is a B2B writer and MBA, specializing in fintech, cybersecurity, blockchain, and other geeky areas. When she's not at her computer, you'll find her surfing, traveling, or relaxing with a glass of wine.

How to avoid getting duped by a bogus initial coin offering

How to avoid getting duped by a bogus initial coin offering

  • 271 initial coin offerings have appeared so far in 2018, according to Coindesk. In 2017, there were 340.
  • In the last several years, investors have poured more than $12 billion into ICOs.
  • Red flags include promising high investment returns and accepting credit cards for investors to buy in.

"There's a real chance the [Securities and Exchange Commission] or another regulator won't be able to recover your investment, even in cases of fraud," said Lori Schock, director of the SEC's Office of Investor Education and Advocacy.

An ICO involves the sale of digital coins or tokens, which are typically used to fund a project that involves blockchain technology. In simple terms, this technology — which underlies bitcoin and its crypto brethren — ensures that all transactions using it are secure. Some ICOs are pitching either a new cryptocurrency (i.e., the next bitcoin wannabe) or could be exchangeable for one that is planned by the ICO's promoters. Others might give investors the right to use the coins toward a product or service that

will be offered.

"There's a real chance the [Securities and Exchange Commission] or another regulator won't be able to recover your investment, even in cases of fraud." -Lori Schock, Director of the SEC's Office of Investor Education and Advocacy

While not all of these digital assets are considered securities — regulators have said it depends on the specifics of each ICO — many meet the definition of a security and therefore are subject to U.S. securities laws. Already this year, 271 of these offerings have appeared, according to Coindesk. That's on top of more than 340 in 2017. In the last several years, investors have poured more than $12 billion into ICOs. However, the SEC says no ICOs have been registered to date.

Rather, the SEC's Cyber Unit — which has only been around since last September — has brought several fraud cases against operators of ICO offerings. Just this week, the agency announced that it has obtained a court order to shut down an alleged ICO scam that pulled in $21 million in investor money. In total, the SEC alleges $600 million has been raised in fraudulent schemes.

State securities regulators also have been busy. During the first three weeks of May alone, the North American Securities Administrators Association's "Operation Cryptosweep" resulted in nearly 70 inquiries and investigations and 35 pending or completed enforcement actions related to ICOs or cryptocurrencies. Additionally, other investigations into potentially fraudulent conduct are under way, and that's on top of more than a dozen enforcement actions previously undertaken by state regulators.

Even if a particular ICO is held with good intentions, there's no way of ensuring you'll ever see a return on your money. In fact, as is the case with any investment, you could lose all of it. Worse, you face the risk of criminals being behind the ICO and absconding with your money. And if the perpetrators are located overseas, the task of tracking down your investment could be impossible.

"The currency might be virtual, but the pain is real," Schock said. Both federal and state securities regulators have been engaged in public outreach to warn investors about the risks associated with ICOs and cryptocurrencies. The SEC even created its own bogus website to show investors what an ICO scam could look like.

Here are some of the big red flags to watch for.

Promise of huge returns

Generally speaking, investing comes with no promises. So if you're looking at an ICO that is pledging a certain return on your investment, you probably should walk away. "There are no guarantees when it comes to investing,"

Schock said. "A guaranteed return is a major red flag."

"There are no guarantees when it comes to investing. A guaranteed return is a major red flag." -Lori Schock, Director of the SEC's Office of Investor Education and Advocacy

 

Credit cards welcome

If you're invited to use your credit card to buy into the ICO, be very wary. Most licensed and registered investment firms don't let their clients use credit cards to buy investments or fund an account. Remember, too, credit card debt typically comes with interest charges if you can't pay off the balance immediately. So that investment could cost you more than anticipated. "If you don't have the money to buy it outright, you certainly can't afford to go into debt for it," Schock said.

 

The deal will disappear

Often, scammers will use high-pressure tactics to create a sense of urgency in the deal."Anything that pushes you to take action now, or discounts that disappear or countdown clocks … those are red flags of fraud," Schock said.

What else you should do

Even if the ICO's white paper — which details the investment and has become a standard with ICOs — looks legit and makes sense to you, don't let that be the end of your due diligence. Look into the people behind the offering. Scam ICOs have included pictures and bios of nonexistent workers. Make sure you can independently confirm that the executives listed are real people with credentials. Additionally, don't let a celebrity endorsement — real or fake — draw you in. The SEC has warned that it could involve a paid promotion, and that the person pitching the ICO might have little understanding of what they're recommending.

Article Produced By
Sarah O'Brien

Personal finance reporter

Sarah O'Brien reports for CNBC's personal finance team.
https://www.cnbc.com/2018/05/30/how-to-avoid-getting-duped-by-a-bogus-initial-coin-offering.html

 

What is airdrop coin? Don’t miss a single coin airdrop

What is airdrop coin? Don’t miss a single coin airdrop!

                                                    

On this crypto site, you’ll find all the latest airdrops to create money from thin air. Maybe not thin air, but without spending a dime. Because these days you can find dozens of active crypto airdrops at the same time. And tons of people, like you, are looking to get themselves some free coins and tokens. So I decided to aggregate all the coin airdrop info I could find out there. And put them all on this airdrop alert site for you to enjoy!

What is a crypto airdrop? What is airdrop coin?

First of all, let’s focus on the airdrop cryptocurrency meaning. What does airdrop mean? Maybe you’re a newbie in the crypto world. And it’s better to know what you’re dealing with… So, a crypto airdrop, coin airdrop or cryptocurrency airdrop, is a limited time event created by coin projects to promote their crypto-currencies. How? By distributing tokens or coins to early adopters, for free. In other terms, projects airdrop coin.

While there aren’t many requirements to get free airdrop coins 2018, you may have to work a little (create a post, like a page etc.). Or even to share some personal information (share your Facebook profile or give access to your contact list). Also you may need to be active in the crypto-community. Indeed, some crypto-airdrops are restricted and noobs can’t get in…

In addition, you may require some coins from a specified blockchain in your wallet. Most likely for bitcoin airdrop or ethereum drop, because they’re the most popular out there. But a free coin airdrop can be done on any blockchain. However, ethereum is dominating the cryptocurrency giveaway industry, with their ERC20 and ERC223 tokens. And that’s very convenient, to have all your airdrop coins in the same wallet! Here are all the listed ethereum airdrops.

And this brings me to the best part: You can receive free coins anytime, without even knowing about it! Indeed, some platforms give away tokens to people holding some of their coins, just like that. Therefore, I’d recommend you to hold a little bit of the most popular coins in your portfolio. And enjoy as many freebies as possible! Also, don’t worry too much about the requirements now. Because I’m not only offering an airdrop tracker, with a list of airdrops. But I’ll also explain how to get free tokens for all upcoming airdrops!

Why do people give away free coins via airdrop cryptocurrency?

Now you know what is airdrop coin. But why would projects give away free cryptocurrency air drop? A coinairdrop is a win-win situation: On one hand, you get free tokens crypto which could worth something in the future. And on the other hand, blockchain projects raise awareness for their crypto-projects during their ico airdrop. Because it’s free advertising for them, giving away tokens that are worth next to nothing. And that way, they’re able to create a community around their coin. Indeed, if you give someone a coin, he or she’ll likely get involved, to get some money out of it.

Also, giving away some tokens cause the new currency to appreciate. Because if you have a token, you’re inclined to give it more value than if you hadn’t heard of it. Furthermore, it’s a mean to create a customer database for a cheap price. And I don’t need to remind you the saying: If you’re not paying for it, you’re the product! Because these projects collect all the data they can in exchange of a few worthless tokens…

Finally, it seems there’s a new trend of digital currencies which don’t require mining coins. And this is an interesting concept, when we see how much energy and computer power is needed to mine bitcoins. So users don’t mine coins, they generate them during a Token Generation Event (TGE). And sometimes projects distribute all their tokens during a crypto airdrop campaign!

Coin airdrop: How does an airdrop cryptocurrency work?

Coin-airdrops are a brand new method to distribute free tokens in the cryptocurrency community. As a result, there isn’t any standard set of rules yet. And each blockchain team can request whatever they want from their backers. But always beware of scammers! Legit coin airdrops will never require you to share your private keys. And if you find one that does, please report it to the community. Because unscrupulous people are definitely behind it.

While I’ll give you as much details as possible for each coin airdrop, you may have to get in touch with the developer directly. If you need specific coins during a cryptocurrency airdrop, the dev team will make a photo of the corresponding blockchain. And only the people holding the crypto-currency in their wallet at that time will be able to get the free tokens crypto. While you may get the tokens automatically, you may also be requested to claim airdrop tokens on the project’s website.

If the free coin airdrop is linked to a social media network, you’ll have to share or retweet a post with a link of the project. And you may need a certain amount of followers to be eligible… Also, some teams request an access to your contact details and list of friends!

I received airdropped coins: What next?

You’re all excited because you got some free coins. But what now? Are you a millionaire yet? Not really… And after a coin airdrop, there’s nothing much to do. Because nobody has heard of the new crypto-currency… And it’s not even available in any exchange, yet. While you can exchange coins with other early adopters, your solutions are too limited. And despite the value the project announces, it’s really worth nothing.

But don’t despair yet. Because it becomes interesting when the new crypto arrives in the exchanges. And that’s when you know the real price of what you received. However, most backers usually want to sell their coins, to get “real” money. So the price may not be up to your expectations… Anyway, you don’t have to sell your free crypto coins, you can hold them for a later use.

How to keep your new free coins safe?

First of all, you need a wallet, to be able to receive, hold and send the newly minted crypto. While you can find many web-based wallets, a.k.a. hot wallets, I recommend you to use a hardware wallet. Trezor is the original and most secure cold wallet. And it’s compatible with most airdrop free tokens!

And you must keep secret your private keys to your coins & tokens. Otherwise they’re not yours. Period. While you can share your crypto address, you must never share your private key! If you do, you can say goodbye to your coins. Finally, remember that this is your best airdrop alert website! So don’t forget to register to my newsletter, or to subscribe to my Telegram channel, my Facebook page or my Twitter account. And you won’t miss a single airdrop crypto!

Article Produced By
Coin Airdrops

https://coinairdrops.com/

South Korea’s National Assembly Makes Official Proposal to Lift ICO Ban

South Korea’s National Assembly Makes Official Proposal to Lift ICO Ban


Nearly eight months after a blanket ban on initial coin offerings (ICOs),
 
South Korea’s National Assembly has reportedly made an official recommendation to allow domestic ICOs in the country. According to a report by Business Korea on Tuesday, the 300-member national legislature has made an official proposal to allow domestic ICOs in the country by preparing and adhering to relevant investor protection provisions.

The National Assembly’s special committee on the fourth industrial revolution even accused the government of ‘neglecting its duty’ in responding to the blockchain sector, the report suggests. The much-publicized ICO bans by Korea and China before it has seen an exodus of domestic companies going to friendlier jurisdictions in Singapore and Switzerland to conduct ICOs.

Discussions on blockchain and ICOs between the National Assembly and the government will ‘accelerate’, the report suggests. More pointedly, the National Assembly has put forward a legislative and policy proposal to recommend allowing ICOs. The committee on the 4th industrial revolution also called on the government to form a task force comprising of both public officials and private experts to “improve transparency of cryptocurrency trading and establish a healthy trade order.”

It further stated:

“The administration also needs to consider setting up a new committee and building governance systems at its level in a bid to systematically make blockchain policy and efficiently provide industrial support. We will also establish a legal basis for cryptocurrency trading, including permission of ICOs, through the National Assembly Standing Committee.”

The legislative effort first came to light earlier this month when a group of lawmakers led by Rep. Hong Eui-rak of the Democratic Party of Korea – the ruling government – began drafting a bill to legalize the launch of new ICOs in the country. “The bill is aimed at legalizing ICOs under the government’s supervision[…],” he said at the time. “The primary goal (of the legislation is helping remove uncertainties facing blockchain-related businesses.”

The embracive turn follows recent remarks from the new chief of Korea’s financial watchdog who has chosen to put the spotlight on the “positive aspects” of cryptocurrencies while suggesting authorities will relax cryptocurrency curbs in what is among the world’s largest crypto trading markets.

Article Produced By
ICO News

https://www.ccn.com/south-koreas-national-assembly-makes-official-proposal-to-lift-ico-ban/

 

 

Markethive Announces Head of Chief Financial Office – Alexander Logie

Markethive Announces Head of Chief Financial Office – Alexander Logie

Alex Logie has 30 years of financial experience including 12 years as Executive Vice President of Citibank; Co-Founder & CFO of Crane Capital, a boutique private equity and venture company sold to Bear Stearns; Treasurer of a small venture capital funds-of-funds; Founder & CEO of Mercury Capital, a Toronto Stock Exchange listed capital pool corporation; CEO of Hong Kong based Baron Asset Management; and former Advisory Member of the Canadian Venture Capital Association.  Alex is also be the CFO of Electric Universe Ltd, Markethive's incabator.

Markethive secures a relationship with Menlo Technologies

Markethive Secures a Relationship with Menlo Technologies

Markethive has taken the next step to provide a state-of-the-art integrated inbound marketing platform, social network, artificial intelligence, business services, ewallet, coin exchange, mining datacenter, and faucet lead portals for success in the crypto-preneurial and entrepreneurial markets.

We have secured a relationship with one of the top global services company specializing in cloud integration, data analytics, mobile and blockchain technology, Menlo Technologies. Menlo has built strategic partnerships with top-tier pioneers in the tech industry including Microsoft, Dell Boomi, and Looker. Their global delivery model provides a framework that will help Markethive achieve its project milestiones.  Quality, on time, on budget.

Keep an eye out for great things ahead.

Here is a video of Menlo Technologies CEO Gary Prioste speaking at Microsoft Inspire Worldwide Partner Conference;

TAAS: Transportation as a Service

I found this great article written by Graham Rapier and published on businessinsider.com, outlining how the future of transportation is providing a subscription service.  Transportation as a Service…that could make JUST ONE company alone $1 BILLION…

GUESS WHAT??!!

Markethive's incubator The Electric Universe is piloting this right now in Costa Rica…

Markethive will be the renewable energy source behind this (and more)!

Find out more on Sunday, May 6, 2018 @ 8am Central Time

The NEW Oil is Electric

What makes something valuable?  What's behind it?

What makes a dollar valuable? 

 

Let's discuss; a)  A US dollar is tradable for goods and services b) It's back by the good faith of the United States and their Gross Domestic Product (GDP)…

Gross Domestic Product (GDP) measures the total value of final goods and services produced within a given country's borders. It is the most popular method of measuring an economy's output and is therefore considered a measure of the size of an economy.

Besides the US workforce what else gives "VALUE" to the GDP?  OIl & Gas really drives the GDP of the United States.  They are involved in all aspects of generating the goods and services within the boundaries of the United States.  Something strange happens between oil and the US dollar. Historically, there's been a pretty consistent correlation between the commodity's price and the currency. Whenever the dollar strengthened, oil prices would fall and vice versa.  So we can say OIL & GAS are at the core of deriving the value of the US currency and the its GDP.

THIS IS ABOUT TO CHANGE…

Markethive is changing this – Markethive is launching its Markethive coin this next quarter and 5 Billion coins will be GIVEN AWAY over the next 5 years.  This coin will be available to trade for goods and services in the digital world, which has no boundaries.  This coin will be backed by the output of entrepreneurs across the complete digital world.  This coin's GDP (GDP – Gross Digital Products) will not have boundaries AND will also be backed by what powers our world for the next 100+ years – smart renewable energy.  Not only is Markethive the driving force behind the output of today's and tomorrow's entrepreneurs, but Markethive is NOW the driving force behind the REAL SMART GRID and the RENEWABLE energy and energy distribution that will power the Gross Digital Products of the world.  

This is accomplished through the incubator that Markethive has created called: The Electric Universe Ltd. and the proprietary technologies it holds.

Come listen to the Chief Visionary / Evangelist of The Electric Universe, Andrew Greig, this Sunday, May 6, 2018 @ 8:00am Central time (check Markethive's Calendar).  Andrew is an “out of the box” thinker who melds an infectious enthusiasm for our planet and all of its inhabitants. Previous positions held by Andrew include CEO & Founder of Vizzeco, the first Android developer-phone in the market; Founder & CEO of Google Global reseller cloud computing; and Founder & CEO of Koolu, named as one of the top 10 green companies to watch by IDC.  Here are a couple of articles that have been written about Andrew; Jo Lee Talks To Andrew Greig: Mr. Intrigue!; The Limits of SpongeBob SquarePants;

Markethive powers today's and tomorrow's entrepreneurs; their homes, transportation and business.


Excerpt about the proprietary technology that Markethive's incubator is bringing to the world (first pilot has already started);  

The Typical Home uses an average of 1.7 kW 
It has 100 amp service which equals 24 kW 
So what are we designing, 
a system for 1.7 kW houses or one for 24 kW houses? 

A block of 100 houses needs 170 kW average. 
It has a possible peak of 2.4 MW.
Typical load varies between 
100 kW and 270 kW.

Imagine a world where the houses 
used a flat 1.7 kW with no dynamics.  
Imagine a world where Renewable Energy 
 was integrated into every home 
driving the grid load to a flat 1.2 kW 
still with no dynamics. 
This is the REAL SMART GRID.

 

 

Markethive’s Initial Loan Procurement ILP

Markethive's Initial Loan Procurement (ILP)

Markethive is currently expanding and has completed its whitepaper detailing the complete plan for the next 3 years.  It's a very exciting time for all of us here at Markethive.  Not only is a Markethive Coin being created which will be given away over time, but Markethive has released its first batch of ILPs – 125 of them.  Markethive’s Initial Loan Procurement (MILP) is a legally binding digitized loan agreement managed through the Blockchain that will create access to Markethive's Net Profit. The goal of releasing this first batch is to fund the expansion of Markethive.

One of the attributes of Markethive's ILP is that they are paid back first and then will to continue to share in the net profit for all the future.  Plus, each holder of an ILP will receive a private airdrop of Markethive Coins and some other very special bonuses. 

There are only 10,000 Markethive ILPs allocated – EVER – BUT the net profit will only be shared with the active ILPs.  If only 100 out of 10,000 are active then, profit will be shared amongst the 100 ILPs only.  These ILP will also be transferable and can be exchanged on Markethive's exchange.  

Each of the 125 ILP's value is $10,000 (only accepting Bitcoin) and you can acquire more than one (for those that acquire more than 3 there is a very special bonus).  We also have a referral program that provides a match for those that refer others.

Please contact Douglas @ cto@markethive.net for more information.

PS. The high level of support and recognition we are receiving is confirming that we are at the right place at the right time, case in Point our recent advisor, investor and supporter Andrew Greig.

Come listen to the Chief Visionary / Evangelist of The Electric Universe, Andrew Greig, this Sunday, May 6, 2018 @ 8:00am Central time (check Markethive's Calendar).  Andrew is an “out of the box” thinker who melds an infectious enthusiasm for our planet and all of its inhabitants. Previous positions held by Andrew include CEO & Founder of Vizzeco, the first Android developer-phone in the market; Founder & CEO of Google Global reseller cloud computing; and Founder & CEO of Koolu, named as one of the top 10 green companies to watch by IDC.

Note: Find out how and why Andrews direction and technology will integrate into Markethive and become a primary engine in the Markethive Ecosystem.

This Sunday @ 9:00 AM (eastern)

Honolulu, Hi USA  3:00 AM | Brisbane, Australia 11:00 PM | Bangkok, Thailand 8:00 PM | Mumbai, India 6:30 PM | Jerusalem, Israel4:00 PM | Rome, Italy 3:00 PM | London, United Kingdom 2:00 PM | Buenos Aires, Argentina 10:00 AM | New York, NY USA 9:00 AM | Chicago, IL USA 8:00 AM | Denver, CO USA 7:00 AM | Los Angeles, CA USA 6:00 AM

World Time Clock: https://www.timeanddate.com/time/map/#!cities=1986

Meeting Place: https://www.ivocalize.net/#room/CryptoHive

Markethive: http://markethive.com

PS. Here is a sneak peak at one of the bonuses for ILP holders;