While sitting on the $GEAR discord, I notice that the admin is the same as in another project, XFT. I check in with another guy who has been doing research and notice that a lot of the wallets dumping GEAR also hold and/or dumped XFT. The website for XFT is also down now.
found on twitter
Interestingly the whitepaper on both projects have the same formating! avoid?
Token INDEX, Tyler likes it, The Index Coop currently has US$30,698,652.76 diversified in crypto index products. Index Coop is a Decentralized and Autonomous Asset Manager governed, maintained, and upgraded by INDEX token holders.
A lot of discussion here about people uncomfortable about the relationship between tokensets and index coop here: about the 30% control Setlabs has on the token governance.
INDEX Coop is a decentralised organisation launched by Set Labs and DefI Pulse to build a community tomanage, market and reap rewards from the creation crypto based index sets. As founders Set Labs and DeFi Pulse control 30% of the total supply (subject to vesting etc).
But I do see the possibilities of it having conflicting interest down the road on how the fees are being distributed, on the percentage allocated to set protocol and index token holders.
I’m not confortable with this relationship neither, notably because of the 30% allocation to the Set team. It is way too much in my opinion, especially since it’s not even the Set token (I heard someone from the team saying that a Set token is something they are thinking about), but a side project for the team. How are these two worlds going to work together without cannibilizing each other’s opportunities ?
In my opinion Set should be considered as : a large $INDEX holder and thus an important member of the community – therefore I understand the idea of some pre-allocated tokens. But 30% is… a lot… and saying that the Set team won’t have more than 50% of the vote power is not really reassuring… and a service provider which is paid by the $INDEX treasury every time it codes or maintain and indices as requested by the community he belongs to. Furthermore, since you are aiming for a fair and healthy equilibrium between the community and Set, and since it’s too early to judge anyone´s contribution to the Indexcoop (As you said !), why not let the community decide if you deserve that much tokens pre-allocated ? This would be a great signal of decentralization and fairness. Maybe you end up keeping your 30% ! (Especially if you vote « Yes » ;)).
While we discussed Crypto ETFs in our Index Coop article, PieDAO’s take on DeFi ETFs is quite distinctive and worth looking at in greater detail. An ETF is basket of assets (be it stocks, bonds, commodities, or crypto) that can be traded in a group. This allows investors to hedge risk PieDAO has already launched 4 ETF products and has many more in the works.
Both are ETFs for defi!
Asset low price 2usd / high price 13usd, current price 4.50.
We made a seed investment round with Friends & Family and some selected private investors. We raised enough money to keep our company small and running. The funds have been primarily used to support both the development of our technology and the launch of the mainnet.
We are open to investment rounds from global investors looking for both tokens and equity. Let’s grow together
The first paper is inspired by the possibility that there will be some form of purely digital money and studies distributed ledgers, proposing and analyzing Hathor, an alternative architecture towards a scalable cryptocurrency. The second paper may be a crucial item in understanding human decision making, perhaps, bringing us a formal model of recognition-primed decision. Lying at the intersection of cognitive psychology, computer science, neuroscience, and artificial intelligence, it presents an open-source, cross-platform, and highly parallel framework of the Sparse Distributed Memory and analyzes the dynamics of the memory with some applications. Last but not least, the third paper lies at the intersection of marketing, diffusion of technological innovation, and modeling, extending the famous Bass model to account for users who, after adopting the innovation for a while, decide to reject it later on.
Currently no API for the explorer! This limits development on the chain. Chain has ability to mint tokens like erc20 using the language
Custom Tokens You can create your own digital token with customized specifications on Hathor Network with only one click. They will fully work under the same technical assumptions of high scalability and decentralized consensus of our native HTR tokens. These tokens will always work independently of the price of 1 HTR and they can serve multiple purposes: financial participation in a company (”stock”), mileage or loyalty points of a specific store or network, votes, ownership of digital goods such as website domains, etc.
Figure 1: Visualization of Hathor’s graph with transactions and block. Red boxes are blocks; green circles are confirmed transactions; white circles are in-progress transactions; yellow circles are unconfirmed transactions; and grey circles are transactions solving the proof-of-work which have not been propagated yet. The arrows show the confirmation chain. Block’s arrows are in bold.
Hathor has no ability to use smart contracts, as a result, has missed out on the most important developmental cycle in crypto in recent times namely the innovation in Defi and smart contract development and new innovation that comes on top of that. It is a better version of bitcoin but it addresses the problems of Bitcoin and not the problems facing humanity or the revolution happening with smart contracts. It has solved IMO the wrong problems by being earlier than its time!
Shopping cart software POS provider of eCommerce woo-commerce WordPress plugin for Crypto checkout with eight digital currencies, Litecoin, BTC, dash (didn’t know it was still going), Ripple, Stellar, Ethereum, and an odd one called Charry. Charry has a partnership with Salamanrex. (Charry lets you easily purchase more than 40 cryptocurrencies on the Charry mobile app and website with your credit or debit card with the highest level of security.)
So salamantex developed the “CHARRY TOKEN” WHICH as of 2018 seemed to make a big fanfare about the token connection and how they would take over ecommerce with it.
The SX1801 has been introduced in October 2018 by Salamantex to address that problem. In addition, Salamantex is developing the Charry network and will integrate its maintoken Charry into the Salamantex Payment Software running on all SX1801 devices, offering advanced payment services not yet enabled by traditional blockchains.
They say you can buy it with visa or Creditcard but I cannot find any way to buy Charry with Crypto as on listed on an exchange or something. It does not look like the typical token sale with ICO or exchange listing.
It is like a stable coin attached to a hardware POS terminal that Salamantex has developed for retail bricks and mortar shopping terminals. Since Charry is not a typical crypto token, its not really considered a real digital token, in the sense that it is not decentralised in anyway. It is a centralised token that is a stable coin issued by the company that makes the hardware.
This project seems to have been first immersed and involved with the DASH community according to the link graph and as that project has died and the market in general has given way to the ERC20 craze, it looks like Salamantex are now trying to play catch up and get in on the decentralised web.
Interestingly Salamantex does not use their own software for the crypto POS woocommerce plugin instead they are using Changelly system!
By clicking ‘Pay’, I acknowledge that the transaction may trigger AML/KYC verification according to Changelly AML/KYC.
As a tech provider and solution it is strange that they would not implement their own plugin for woocommerce, and there is no plugin support for main eCommerce platforms such as Magento or other big platforms yet!
It is not looking encouraging as an entry point and I would wait until after the ICO hype has melted away…