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Nigerians Are Using Bitcoin to Bypass International Trade Hurdles

Chukwuemeka Ezike sends thousands of dollars worth of bitcoin a month in order to trade with Chinese exporting companies.
In return, he receives spare auto parts, construction equipment, and juices for a family business his father started more than 30 years ago. Ezike works full-time at Singapore-based crypto exchange Huobi as its community manager but helps with his family’s business on the side.
He says bitcoin is faster than exchanging currencies the old-fashioned way. And he can use it to leapfrog bank limits of $10,000 a day, which he often needs to do.
Ezike doesn’t pay the manufacturer directly. Over WeChat, he works with a middleman named “Allen” who exchanges Ezike’s bitcoin for renminbi, China’s national currency, and then passes it on to the manufacturer. Ezike couldn’t divulge which companies he deals with, saying, “The Chinese are sensitive with the data that’s shared.”
He’s one of several Nigerians using bitcoin for this purpose. Ezike even helps other Nigerian companies make similar cross-border transactions with bitcoin.

Using bitcoin for global trade

In several ways, bitcoin makes sense for global trade. The currency jumps borders with ease, where other currencies encounter friction. If the counterparty is willing to receive bitcoin on the other end, it’s often faster and cheaper than legacy payments. But this can be a big “if,” since bitcoin is a newer way of transferring money and people aren’t exactly used to it quite yet.
While bitcoin has these nimble properties, it hasn’t disrupted international trade and value transfer just yet, especially given the currency’s current limitations. If more people use bitcoin at once, the network becomes congested and payments slow down.
Behind the scenes, developers around the world are working on the Lightning Network to fix these problems, so that more people, maybe one day even millions, can all use bitcoin regularly without seeing a spike in fees and sluggish transactions.
All that said, some Nigerians are becoming reliant on using bitcoin as a way to trade internationally, and are finding bitcoin has significant benefits over legacy financial systems.

Foreign exchange woes

Nigerian bitcoin entrepreneur Chimezie Chuta has another theory for why some are using bitcoin for trade with China and beyond.
Like most other countries in an increasingly globalized world, Nigeria imports a significant percentage of the goods that it uses. As Chimezie Chuta put it: “Nigeria is a very import-heavy country. Food industry, drugs, you name it, construction equipment, cars.” Much of these goods are bought from Chinese manufacturers. “Nigeria’s economy is heavily import dependent and China is a major import partner to Nigeria,” Chuta adds.
Nigerians have to struggle with this process, though. “Access to [foreign exchange (FX)] for importation by Nigerian business owners is highly limited because the [Central Bank of Nigeria (CBN)] has limited liquidity to cater for everyone,” Chuta told CoinDesk.
If Nigerians want to reap the benefits of trade, they need to hunt down a way to exchange their naira (Nigeria’s national currency) for other currencies. In Nigeria, finding U.S. dollars or Chinese remnibi is not an easy task. “Importers typically rely on the black market for the additional FX needed and that comes at a very high price,” Chuta said. This phenomenon has been covered in Bloomberg, for instance.
This is one of the other reasons Ezike has turned to bitcoin as an alternative. “The hustle for [the] dollar and all that is quite a thing I love to avoid,” Ezike told CoinDesk.
With bitcoin, he can “take out all international banking routing processes,” he said.
Others are reaching the same conclusion.
“Chinese exporters have expressed willingness to accept bitcoin payments for their goods; hence, many business people in Nigeria find it more convenient to make such payments with bitcoin for obvious reasons,” Chuta said, adding that bitcoin is speedier, open and trustless.

More naira problems

Entrepreneur Monyei Chinazaekpele was able to buy clothes, COVID-19 masks and tests from House of Trippy in China, to resell to customers in Nigeria.
He decided to use bitcoin after experiencing mounting frustration with current banking limitations, especially their impact on global trade. “I was enlightened about the monetary policies on the ground. I was shocked to my nerve,” he told CoinDesk.
Chinazaekpele reiterated Chuta and Ezike’s point that foreign exchange is tough in Nigeria. “You can’t easily switch to other currencies,” he said, adding that he’s hopeful it’s just “a matter of time” before this situation improves.
“Basically, bitcoin is stress free to use and honestly, the naira is not a good store of value,” Chinazaekpele said, pointing to the naira’s 12% inflation rate, which means the value of the currency depreciates by that much value every year.
Bitcoin’s price fluctuates, and sometimes the price goes down. But Chinazaekpele argues that bitcoin generally doesn’t have this inflation problem, since over the long term the price has been going up.
Chinazaekpele’s also looking to buy a cashew processor with bitcoin, but he’s still working out the details with the factory, which is also located in China.

Keeping it on the down-low

All this trade with bitcoin is happening behind the scenes. Businessmen and women on the ground aren’t exactly eager to publicize that they’re using bitcoin for international trade. For one, the legality of cryptocurrency is fuzzy in the region.
The CBN has issued several warnings to banks. The latest in 2018 advised banks “not to use, hold or transact in any way with the technology.”
“In the bitcoin space we don’t know what reaction to expect, so we try to be a little bit discrete,” Ezike told CoinDesk. That’s why he doesn’t want to reveal the name of his father’s importing business. By only revealing his individual name, he’s less fearful that the Nigerian government will “attack” the business.
“We have had accounts frozen at some point due to bitcoin transactions,” Ezike said. “We had to appeal to re-open them.”
He added that it’s the same situation in China, which is why the people he transacts with there “ensure they [keep] a low profile.”
As for the relationship between the government in Nigeria and crypto, Ezike said that “they are really confused about what to do with it. But hopefully they will embrace it.”
submitted by vegasbm to Nigeria_FreeSpeech [link] [comments]

AMA Recap of CEO and Co-founder of Chromia, Henrik Hjelte in the @binancenigeria Telegram group on 03/05/2020.

Moh (Binance Angel)🇳🇬,
Please join me to welcome, “CHROMIA CEO & Co-founder, Henrik Hjelte” and “ CMO, Serge lubkin”
Oh, before we proceed, kindly introduce yourselves and tell us a bit about your roles at Chromia u/sergelubkin & u/henrik_hjelte.
Henrik Hjelte,
Ok, I’m Henrik, I’m CEO of ChromaWay that crated the Chromia project. My background is a bit mixed: developer for 30+ years (since 80: s), but I studied other things at university (economics, politics, social sciences philosophy). Life is more than computer you know… I worked with FInance/IT then started a web startup and got to know Alex Mizrahi who worked as a developer….
Web startup didn’t fly, but Alex showed me bitcoin. When I finally read the whitepaper I was blown away, and joined Alex colored-coins project, the first open source protocol to issue tokens. in 2013.
So, we started with open-source tokens (that kickstarted the blockchain industry. Then started company together 2014.
That is a long intro, I’ll shut up now… Thanks….
I’m Serge, I’m assisting Henrik today and I work with Chromia marketing team as well as on some business development projects
Moh (Binance Angel)🇳🇬, , Question No 1 :
Kindly describe the CHROMIA project and what it aims to achieve?
Henrik Hjelte,
Chromia is a new public blockchain based on the idea of integrating traditional databases, Relational databases with blockchain security. Chromia is a general purpose blockchain with full smart contract capabilities, just that it is a lot easier to code, even complex applications. You code with an easy to learn new programming language that combines the power of SQL and normal languages but makes it secure in a blockchain context. Up to 1/10 the code-lines vs other blockchains. There is a blog post about it, I’ll share later. On lines of code.
The aim of Chromia is to combine relational databases, which exist in every kind of organization, together using blockchains. We want to provide a platform for our users to develop totally decentralized apps securely. Our goal is for Chromia to be seen as the number one infrastructure for decentralized applications.
Moh (Binance Angel)🇳🇬,Question No 2:
What inspired the CHROMIA Core team to pick interest in CHROMIA project? what breakthrough have you achieved so far? what are the present challenges you’re facing and how are you planning to overcome them?
Henrik Hjelte,
We started with public blockchains, tokens in 2012, the world’s first stable coin with a bank 2015 (LHV). When coding that solution, peer to peer payments of Euro-tokens, we discovered we need performance reasons to store all data in a database. We needed to quickly know the “balance” of a user, and can’t loop through a blockchain. And slowly the idea grew that we can make the database INTO a blockchain, integrate completely with the transaction mechanism of a database. So, we did it as a private blockchain first (Postchain), used it for some projects, then came up with the idea to make a Public Blockchain based on it.
The motivation is that we felt we needed a better programming model for blockchains. Our CTO Alex has always been thinking of optimal solutions for blockchain technology and has lots of experiences thinking about it. Also: make real-world useful things. For example, we support free-to-play models since users do not need to own “our” token to USE apps, the application itself (often the developer) pays for hosting. And of course, great performance. Also: more knowledge of who runs nodes and risk level. So, it is more suitable for enterprises.
In Chromia the application (at the start the developer) decides Who should be allowed to run its own blockchain (every dapp has its own blockchain). You can also say on a higher level that we want to provide technology to create “Public applications”, a tool
that enables us to create a fairer world.
Moh (Binance Angel)🇳🇬, Question No 3 :
Why did you create your own blockchain instead of leveraging on existing and proven base layer protocol?
Henrik Hjelte,
None of the existing protocols are suitable to support large-scale, mainstream applications. We designed Chromia to give our users exactly what they want; fast support, useful features, with an affordable service cost. Other platforms do not have the ability to host data applications in a decentralized and secure way, as Chromia can. Chromia also has its own bespoke programming language that sets it apart from SQL-based platforms. It’s so easy to use, even non-developers can understand it!
The other big difference with Chromia concerns payments. Chromia gives its users freedom from having to pay for each transaction. With Chromia, you have the flexibility to decide how to set fees for your dapp
And when it comes to “proven base layer protocols”: they are just a few years at max. Chromia is built on top of Postgresql, that has been used in enterprises for decades, a really proven technology. And the Java virtual machine on top of that. This is proven tech, at core.
Moh (Binance Angel)🇳🇬, Question No 4 :
What is Postchain?
Henrik Hjelte,
Postchain is an open-source product of ChromaWay for enterprise clients and it’s the core technology on which Chromia is built.
Postchain is a replicated blockchain and database that offers highly resilient distributed database management with distributed control.
Postchain is the only product on the market that combines the immutable consensus of a blockchain and the properties of a real database management system (You know, the tech that built SAP, Facebook, Banks…) …
Postchain allows you to share information between companies and/or individuals in a secure and transparent way.
That is the low-level base of Chromia you can say
Moh (Binance Angel)🇳🇬,
Can you please name some of your clients that are using this service already?
You mean products built on Postchain? Also, Stockholm Green Digital Finance, Green Assets Wallet that’s now functioning on Chromia Bootstrap Mainnet.
Big financial institutions
It’s only a beginning of course, but very promising one.
Henrik Hjelte,
We got a lot of attention with the Swedish Land registry; we did a joint project between them and banks and a telco etc on postchain as base.
Then, right now we do a large project with the Inter-American Development bank also about land-registration (processes) in South America.
We had a client, Stockholm Green Digital Finance, that did a system for green bonds (tracking environmental impact. Yes, as Sege says, it was later moved to Chromia…
Which is cool. Also, another external development company did that phase of the project, proving that other can build on our tech,4irelabs from Ukraine is their name. Some companies using the GAW: Blackrock. SEB Bank etc…
Also, we have done more projects, in Australia, asia etc. Oh Daimler too (the Mercedes company) …
Moh (Binance Angel)🇳🇬,
Lots of enterprise clients you’ve got. No wonder I do see the meme “CHR=ETH KILLER”
It’s a meme from our supporters. But we believe we can coexist:)
For some niche things eth is good :)
So, no killing :D
Henrik Hjelte,
We want to work with partners too for this, we can’t do all projects ourselves. Also, for Chromia projects, ChromaWay company can help do support maintenance etc. So, it is not competing, it adds value to the ecosystem.
Yeah ETH is good too, for some applications. We are friends with them from colored-coin times.
And colored-coins inspired ETH, and ETH inspires us.
Moh (Binance Angel)🇳🇬, Question No 5 :
Lastly, CHROMIA is already doing very well in terms of business. You just got listed on BINANCE JEX, you are on-boarding new clients and dishing out new features. But what’s next? Is there anything to be excited about?
Henrik Hjelte,
Plans for 2020 are to both release a series of dapps to showcase how fantastic Chromia is, as well as continue to develop the platform. And when it is secure and good enough, we will release the mainnet.
Dapps are now being made by us as well as others. We do a decentralized social network framework called Chromunity, now released to TestNet. It is really cool, users can vote over moderators, and in the future users might even govern the complete application, how it can be updated. This is a great showcase for Chromia and why we use the slogan Power to the Public.
Games coming are:
Mines of Dalarnia (by Workinman Interactive). An action game in a mine with blockchain rental of plots and stuff. Already on TestNet and you can take a peek on it at
more coming…
Krystopia 2, novas journey. A puzzle game done by Antler Interactive. Could only find trailer though:
However, we have even larger ambitions with blockchain gaming…
We are doing A secret demo-project that we do together with Antler to showcase the technical potential of Chromia platform.
Another exciting relase is an indie game Chain of Alliance, done by two external developers. It is a strategy game with full-logic on blockchain. Public release on TestNet on May 22!
More coming in 2020: Other dapps from other companies, one in impact-tech.
That is a serious app, Chromia also works outside gaming and social media for enterprises and startups
And I hope some of you will do something, we want to support dapps on the platform so reach out to us…
Moh (Binance Angel)🇳🇬,
When can we be expecting the mainnet? Any approximate time? I’m sure the community will really excited to have that info
It’s now in Bootstap phase, so it’s technically already functioning. MVP will be very soon
Stay tuned;)
Twitter questions Vs answers
What’s the unique thing in Chromia that no other blockchain has, that makes you the better option?
Henrik Hjelte,
Unique: Chromia is the only blockchain that also has a real, proper database built-in. And blockchain is about managing data in a shared context. How to best managed data was solved in computer science already. So far, it is the relational algebra model that is used in 100% of all enterprises, and has an 85% market share. Chromia is the only blockchain that use that model and that power.
Why Chromia use RELL and not SQL or JavaScript? Can developers with other language knowledge use Chromia?
Rell is the only language on the blockchain side. You can combine with anything on client-side, although now client only exists for JS/TS, C# and Java/Kotlin. Rell is a language for relational blockchain programming. It combines the following features:
1 Relational data modeling and queries similar to SQL. People familiar with SQL should feel at home once they learn the new syntax.
2 Normal programming constructs: variables, loops, functions, collections, etc.
3 Constructs which specifically target application backends and, in particular, blockchain-style programming including request routing, authorization, etc.
Rell aims to make programming as convenient and simple as possible. It minimizes boilerplate and repetition. At the same time, as a static type system it can detect and prevent many kinds of defects prior to run-time.
Roshan DV,
I have been monitoring your project for a while but some concerns about it: Your project will build your own core network, so you have more visibility than Ethereum and NEO. These are projects that were born before and which also have a very large community. And what can assure you that your project will guarantee the functionalities that you have defined?
Henrik Hjelte,
What came first? I want to remind that Vitalik was in the colored-coins project, led by our CTO and we had blockchain in production before ETH and NEO etc existed. We are the old dogs…
Large community: We are part of the same community. When developers are fustrated and want to try new tech, they go to us from other blockchains.
Also, we have a large potential: SQL (close to Rell and our tech) is the world top 3 language. Bigger than Java. Bigger than PHP. Only beaten bny HTML and javascript. Soliditiy is not on top 20 list. THere are millions of developers that know SQL. That is potential for community… (source is Stackoverflow annual programming survey).
Paul (Via Manage),
What are the utilities of Chromia and what purpose does the Chromia coin serve?
Chromia meta-token called Chroma (CHR). It is used in Chromia to compensate block-producing nodes by fees. In Chromia, fees are paid by dapps, which can in their turn collect fees from users. Chromia provides mechanisms which balance the interests of developers and users. Dapp tokens can be automatically backed with Chroma, providing liquidity and value which is independent of investment into the dapp. Dapp investors can be compensated in Chroma through a profit-sharing contract. For developers, Chromia offers the opportunity to derive income from dapps. This incentivises the creation and maintenance of high quality dapps because better dapps generate more income and create more demand for tokens owned by the developer. The Chromia model is designed to support sustainable circular economies and foster a mutually beneficial relationship between developers, users, and investors.
Idemudia Isaac,
Thank you very much u/henrik_hjelte u/sergelubkin
You stated your plans for 2020 is to release series of dApps. What kind of large scale, mainstream decentralized application and $Chromia products do you think is suitable for the Nigerian environment?
Henrik Hjelte,
Actually, this is why we want to work with partners. We cannot know everything, For African market we have seen of course payments/remittances (but it has fallen out of trend). We would love to do real-estate /land-registration but we understand we need a strong local partner (more than a single person, a real company or organization driving).
●CC● | Elrond 🇵🇭,
What plans do you have to building a vibrant global community around Rell? And how would you go about encouraging/incentivising such ‘Rellists’ around the world to build dApps on Chromia? u/henrik_hjelte u/sergelubkin
Henrik Hjelte,
For developers (I am one too, or used to be) you normally need to prove a few things:
\ That the tech is productive (can I do apps faster?)*
\ That it is better (less bugs, more maintainable?)*
Then the community will come. We see that all the time. Look at web development. React.js came, and developers flooded to it. Not because of marketing on Superbowl, but because it was BETTER. Fewer bugs and easier to do complex webapps.
So, at core: people will come when we showcase the productivity gains, and that is what we need to focus on.
●CC● | Elrond 🇵🇭,
Why do you choose to build Chromia token on ERC20 instead of other blockchain such as BEP2, TRC20…or your own chain while ERC20 platform is very slow and have a case of fee? u/henrik_hjelte u/sergelubkin
So far Ethereum has the best infrastructure, it’s the oldest and most reliable network for tokens. It also became the industry standard which exchanges utilize. We will transfer 80% of all erc20 tokens to our Chromia blockchain when it’s ready for that.
In your whitepaper it says in the upcoming version of ChromiaWallet that it will be able to function as a Dapp browser for public use. Q) Will it be similar to the Dapp browser on Trust Wallet?
It’s live already try it
It’s the wallet and a dapp browser
Your metamorphosis is a laudable one,surviving different FUD, how have you been able to survive this longest bear market and continue building and developing cos many projects have died out in this time period!
Henrik Hjelte,
You need to know we started a company before ETH existed. There was 0 money in blockchain when we started. I did it becuase it was fun, exciting tech and MAYBE someone would be interested in the thing we made “Tokens”…
We were never in the crazy bull-market, manly observed the crazies from the side. We fundraised for CHR in a dip (they called it bear market). ChromaWay the company also make money from enterprises.
What is SSO?
What makes it important for chromias ecosystem?
Why should we users be attracted to it?’
Chromia SSO is perhaps the most important UX improvement that Chromia offers the decentralized world. It revolutionizes the way users interact with dapps. Any dapp requires users to sign transactions, that means they need a private key. Control of the private key is control of any and all dapps or assets associated with it. This means that private keys have an especially stringent set of security requirements in a blockchain context — they control real value, and there is no recourse if they are compromised or lost.
Olufemi Joel,
How do you see the Chromia project developing in 3 to 5 years, both on the commercial level and on the evolution of the company? What are the plans for expansion in different regions? Are you going to outsource the team/skills or keep it centralized and set up offices?
Henrik Hjelte,
I take part of the question. On outsource: we were a distributed team from day one, with co-founders from 3 countries (still living there). We are distributed now, Ukraine, Sweden, Vietnam, Croatia, China are “hubs” then we have individuals too. No big plan, just where we found great developers…
Park Lee, u/henrik_hjelte
You claim CHOROMIA have fast support, useful features with an affordable service cost. That fast and the fees are cheap but can you guarantee stability?
What’s the Algorithms which are used by CHROMIA for that fast? And Can you explain it?
We use PBFT protocol with some features of DPOS, this plus sidechains parallelism offers almost unlimited speed and scalability. We also use the feature called anchoring to secure all transactions in batches on Bitcoin blockchain.
Mario Boy,
What are you guys trying to achieve as an end goal? The next Ethereum? Or the next enterprise version of Ethereum? Or something different?
Henrik Hjelte,
The end goal… good question. When we started in 2014 there were no other blockchain companies, so we wanted to do the best blockchain technology in order to enable a decentralized world with more fair applications. And that is what we still do. Technology/software that can enable people to make a fairer world
Erven James Sato,
Does your GREAT PROJECT have plan about Staking?
Yes, we announced our staking plans couple of months ago
We are working with our current partners to make it accessible for general public.
I often see Chromia and ChromaWay being used interchangeably, what is the relationship between the two?
Henrik Hjelte,
ChromaWay the company started Chromia from code done as postchain. This is normal in open-source development, a company that leads development. But Chromia will be a decentalized network, so ChromaWay will not make direct money out of it more than if we have a role as a Provider (and get payed for hosting). ChromaWay can indirectly make money from optional support and maintenance etc. Also, this, perfectly normal in open-source world.
And it also benefits Chromia that there is a market for support.
A market open for competition.
No special treatment for “ChromaWay”
How to start coding on Chromia?
Henrik Hjelte,
Go to and follow the tutorial. Enjoy the free time you get compared to other blockchain languages…
●CC● | Elrond 🇵🇭,
Chromia process 500 TPS, these is slow compare to other Blockchains, where we can see now 60K TPS if more capacity require, how can that be? u/henrik_hjelte u/sergelubkin
Yes, if you need faster speed you can use parallelism by having multiple blockchains for your dapp. Also, by optimization and better architecture sky is the limit.
Delphino.eth ⟠,
Can we consider Chromia an hybrid? For its mixing of Blockchain and a Database?
Henrik Hjelte,
Yes and no. I want to stress that Chromia is a FULL blockchain. It is not only “inspired”. It is a blockchain AND a database.
I tend to think about Hybrid more in the usecases that you might have as a customer. For example, a bank might want to have some data/transactions private (as a private blockchain) and have another half of the application with public data (on Chromia). So that is a hybrid solution, and Chromia ROCKS in that segment since it is the only blockchain that is complete relational database (what the normal world uses anyway for 85% of all applications)
Example area: “open banking”
Steve bush,
How will Chromia I have any empower Investors, Companies, Developers, Platform Users to
deliver impactful solutions and bring value to people all over the world?
Henrik Hjelte,
In order to make blockchain go big, we need to have users. Users need to be able to use apps with ease. Chromia have features like single-sign on (ease of use), but importantly do not require owning tokens to USE apps.
Also, it needs to be easy to make applications. For example, if you are a student in US and came up with an idea, you want to make an application for your school. Let’s call it “thefacebook”. You code something in PHP and MySQL. DID YOU SEE THAT. SQL. SQL.SQL. It is the same tech that Chromia has but no one else in the blockchain business. SQL rules the world if you look outside the crypto bubble. Google the Oracle head-office… 100% of all enterprises use it… Because it is easy and powerful.
And we even improve on SQL with Rell….
So, compare that with a hacky virtual machine that have a few years…. 😊
“Mines of Dalarnia” is a game that has caught my attention a lot, due to its simplicity and quality. But in the time that I have used it I have not been able to differentiate between the Chromia blockchain of this game and that of the competition? What other games do you have next to develop? I would like to give ideas in those games like a Gamers!
Henrik Hjelte,
We thought about in corona time sports club might want to engage more with their fans digitally. And of course, E-Sports is getting a real momentum as the young generation grows up. Now a bit sad that all games are centralized. My daughter will be sad when (at some day?) they will close down roblox… it happens to all centralized apps eventually… that is what we fix. Power to the Public to control apps and their future. I’ll repost again Alex post. Sorry I like it a lot…
Good day Chromia team from a Chromia fan
Can you tell us Chromia’s geographical focus at the moment and the proces it follows for it BUSINESS DEVELOPMENT?
What factors do you consider before identifying NEW MARKETS to enter?
Chromia will initially focus on community building in China, Korea, US and Europe. The focus of community growth will gradually expand to other markets as the project gains popularity.
Current community growth strategies of Chromia include:
Chromia blockchain incubator creation to welcome more projects to the Chromia blockchain
Host blockchain gaming conferences, workshops, and meetups to engage with potential users.
Provide online and face-to-face tutorials to engage with dapps developers.
Attract blockchain developers through direct and indirect approach via specialized platforms and communities.
Develop our relations with existing and previous corporate clients, and their partnership networks to participate in their blockchain ventures
Launch Node program to encourage system providers to run nodes on the Chromia blockchain.
Staking program for Chroma (CHR) tokens
Active community engagement via social channels.
Future community growth strategies of Chromia after Mainnet launch include:
Partner with more gaming studios, startups and enterprises
Build local communities with Ambassador Programs.
Partner with external incubator and accelerators to provide blockchain expertise and introduce projects to Chromia ecosystem
Continue organizing hackathons around the world to attract more developers.
I want to know the current structure of your roadmap? What is the future roadmap of CHROMIA? Is there any key milestone coming???
Henrik Hjelte,
It is easy to do a roadmap; anyone can make a pape plan. But I think they are used in the wrong way. Software is hard, blockchain is even harder because it NEEDS TO BE SECURE. No MVP releases. We cannot even have roadmap deadlines and skimp on quality. Where we are now though is: Rell language finished so much that developers can write apps and see its magic. We have external devs doing dapps. We have the first phase of mainnet. We have a series of releases coming up. We will release mainnet when it is secure enough, and gradual roll out. I think quite soon, development is going great at the moment, a bit quicker than we though.
Why doesn’t Chromia transactions use gas? How do you power transactions then?
Main feature of gas in Ethereum is to pay for transactions for miners get rewards. In our scenario Providers get rewards from dapp owners. So dapp owner pays for storing their dapp. It’s like Amazon Web Service model. Then dapp owner can monetize it in its own way.
Many developers don’t know RELL, just Solidity and SQL. Is this a barrier or threat to Chromia? Why RELL is better?
Henrik Hjelte,
Very few developers know Solidity. Do a search on github. I referred previously to stackoverflow programming language survey results.
If you know SQL, you learn Rell in a day.
SQL is the top 3 language here. I’d say there are millions that can easily jump to Rell.
Soldity or other blockchains, not on top 20 list even.
Rell is a hipper, nicer version of SQL that is also a “normal” programming language.
Developers like to learn new things, new languages. Otherwise we would be stuck with PHP, the DOMINANT language. Well, is it still? Seems javascript and react.js and node etc is taking over…
Moh (Binance Angel)🇳🇬,
This brings us to the end of the AMA. It’s been a pleasure being with all of you, THANK YOU. Special shout out to u/sergelubkin and u/henrik_hjelte for honouring us with their presence today❤️
Kindly follow CHROMIA on twitter and join the conversation with their community on Telegram
Official Chromia Nigeria Community Channel 🇳🇬 :
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Sending remittances to Nigeria cost just 1% with Dash

Lagos, January 17, 2020.
Dash, the top digital currency for international payments and remittances, today announced a partnership with BITFXT Exchange, a top Nigerian exchange to offer Dash remittances to Nigeria at just 1%.
High cost of transaction and delays from traditional money transmitters have been a thorn in the flesh of users for years. A PwC report estimates that in 2018, migrant remittances to Nigeria equaled US$25 billion, representing 6.1% of GDP. This also represents 14% year-on-year growth from the $22 billion receipt in 2017. It's notable that diaspora remittances to Nigeria exceeded oil earnings in 2018.
Remittance via dash will see the recipient receive dash and convert to naira at a fee of 1% for volumes of $200 and above, & 2% for volumes less than $200. Senders can get dash at coinbase, uphold, or Dash atms.
According to Nathaniel Luz, Lead of Dash Nigeria, this reiterates the commitment of Dash to be an everyday digital cash, people could use, especially in the areas of remittance and international payments. Dash is necessary for developing economies like Nigeria, as existing financial infrastructures come at a high fee to users.
Research shows that people spend as high as 30% when sending remittance to Nigeria via giftcards on Paxful.
BITFXT CEO, Franklin Odoemenam, believes that this is in line with the vision of BITFXT, to be the leading crypto infrastructure company in Africa, connecting Africa to the world. There's no other way to grow adoption than the daily use of crypto and that is what this partnership does, opening up thousands of new people to crypto for a better money remitting experience.
About Dash Dash is digital cash, allowing millions of individuals, as well as thousands of merchants and businesses across the globe to carry out blazingly fast, secure transactions for less than a cent. A top ranked cryptocurrency, with a market cap of over $1.14 billion USD, and the rising alternative to bitcoin, Dash is accepted at thousands of merchants globally, accessible via 700+ ATMS and 90+ exchanges worldwide, making it one of the few, offering safe, decentralized solutions. For more information, visit or follow the organization on Twitter @DashPay.
About BITFXT Exchange BITFXT Exchange is a top, African, hybrid, Cryptocurrency Exchange. The exchange has been the top choice in Nigeria, due to its ever increasing innovation and the ability of the exchange to always meet international standards.
With an array of Cryptocurrencies to trade from, an easy to use interface, and a currency swap which enables non traders and those who wish not to undergo the rigour of trading, to trade with ease, this even makes the exchange a force to reckon with. The exchange also processes a large volume of transactions with ease. For more information, visit and follow on TwitteInstagram/Facebook/LinkedIn: @bitfxt
submitted by nathanielluz to dashpay [link] [comments]

Can Cryptocurrencies Truly Be Our Saviour when Economies are Crashing?

Can Cryptocurrencies Truly Be Our Saviour when Economies are Crashing?
Cryptocurrencies & blockchain, the technology upon which cryptocurrency runs has been touted as truly revolutionary. After the first cryptocurrency went live in 2009, it sparked a light in dim time.
Necessitating an escape from the financial world controlled by the fraudulent and manipulative government and corporations. Bitcoin was seen as the saviour to the dying fiat currencies which has continually robbed people of their wealth through inflationary pressures aggravated by reckless government funds mismanagement.
As a tool for radical and transformative change, Bitcoin has grown from insignificance into global relevance today. But what is its position as of today?

The Idea & Industry

The cryptocurrency industry has grown considerably over the years. From a single cryptocurrency to thousands of crypto tokens or coins, each doing something of its own, although others bear similarities in their designs and functions.
The idea behind bitcoin and cryptocurrency generally was a rebellious idea. An idea that stems from the disgust of the maladministration of the fiat currency. This distrust resulted in the writing of the bitcoin white paper with its significant title “A Peer-to-Peer Electronic Cash System”.
An alternative financial system that doesn’t require the trust of a third party to enable the flow of economic events. Such a revolutionary idea. An idea which has turned into a global multibillion-dollar industry and growing still, at an impressive rate.

Alternative Tender

Crypto enthusiasts have always wanted to use their crypto to purchase daily goods, pay bills and do just about what the naira, dollar, euro, pounds, etc do. As much as they want to acquire that “Lambo”, they also would love to use their bitcoin to purchase their coffee, ice cream, etc.
Over the years with several firms developing great solutions, users are now able to purchase items using crypto but then, there exists a fundamental problem. Are they paying in crypto or fiat? This is a contestable argument.
If I send my bitcoin directly to the seller in exchange for a plate of tasty Nigerian jollof rice, am I paying with bitcoin or naira? For most, it’s understandable they are paying with bitcoin. But then, I am paying in naira. Reason being that the jollof rice is priced in Naira NGN. The difference here is WITH and IN. A matter of semantics.

Crypto Volatility

For most people who do not see cryptocurrency gaining global adoption as an effective means of economic exchange, their reason mostly stems from the volatile nature of this new asset class. The fear of receiving payment of 4500NGN for goods sold at 5000NGN in BTC has been a significant argument against why cryptocurrency will be used for economic exchange.
Although newer products have emerged that seek to remedy this issue by providing instant clearing for crypto transactions, crypto ‘faithfuls’ still hold on to the belief that volatility is a feature, not a bug.


Stablecoins now provide a safe way of protecting oneself against volatility. Stablecoin facilitates crypto security as well as the non-volatile nature which fiat of sound economies carries. This presents stablecoins as a valid alternative to national fiat currencies. Currently, there are lots of activities ongoing for nations in a bid to develop their own Central Bank Digital Currency – CDBC.
In times of great national distress, the value of fiat currencies is normally shaken. This is normal and is why nations try as much as possible to prevent events that may destabilize their nations due to the correlative effects to their national currencies.


The current pandemic sweeping across the nations of the world is a true definition of distress. For Nigeria as a country with the majority of its revenue tied to crude oil, it faces serious economic challenges which have resulted in a reduction in the value of the naira.
The Central Bank of Nigeria a few weeks back via a circular, announced that the present fundamentals do not support the devaluation of the naira, however, there have been reports of commercial banks charging users above N400 per dollar.
While the purpose of this article is not to examine the naira and the several elements affecting it, this premise was necessary since it’s a fiat currency.
This begs the question “can cryptocurrency truly be our savior when economies are crashing?”
Nigeria is not the only nation currently affected by the Coronavirus pandemic. In fact, Nigeria is one of the countries with fewer cases though, this isn’t the only reason for the current position of the naira. Cryptocurrencies like bitcoin are notably volatile and in times of national or global crisis, people would argue they can’t hold value.
The next alternatives are usually Stablecoins, an innovation that is not even up to seven years since the very first stablecoin was introduced. But then this comes with a problem of its own. Since Stablecoins are pegged to their fiat currency counterparts, as the fiat currency of a nation goes down, the same goes for the stablecoin.
While it is understandable that not all nations will go to dust at the same time, people may move from one country’s fiat currency pegged stablecoin to another and this will just be an organized and consented pump.
The problem remains that cryptocurrency may not be the savior when the economies are crashing. The only way this can be is when the goods are priced in a standard unit of a coin, perhaps BTC.
Written By: Ben
Edited By: Mosun
Graphics By: Jacobite
submitted by Telos4africa to u/Telos4africa [link] [comments]

Ferrum Network Monthly Recap — February 2020

Hello Ferrum Community,
What an eventful February it has been! From the successful launch of staking 2.0, to not one but two exchange listings, to the Kudi expansion into Ghana, we have been building non-stop to bring value to all Ferrum Network (FRM) stakeholders.
Below recaps our progress from the business, technology and Kudi perspectives.
Business Update
Tech Update
The dev team has been focused on two initiatives at the moment: preparing for the launch of Kudi Ghana and preparing for the launch of UniFyre Wallet.
Kudi Update
The Kudi team on the ground continues to make significant progress. In February we announced the following:

What’s Next
As we move through March, we look forward to launching UniFyre Wallet and initiating a major marketing campaign to raise massive awareness for Ferrum. Looking forward to continuing this journey with you.
Very truly yours,
The Ferrum Network Team
Ferrum Network Links:
Bitcoin Talk:


Ferrum Network Medium Publications

submitted by tentbobert to FerrumNetwork [link] [comments]

The Chinedu Saga, Or How The Establishment Media Lies to Protect Establishment Candidates (Long OC)

Well, the media seems to have gotten away with burying another inconvenient story. It's only taken barely 24 hours and the Chinedu saga has already been declared a hoax perpetrated by those awful Bernie Bros online.
Word first got out about this odd controversy when one Twitter user feralHogs420 (credit where it's due) noticed some discrepancies in a Twitter account that claimed to be a Pete Buttigieg supporter from Nigeria (I guess he does better with African Africans than African Americans lol).
This person's profile (now deleted), who had no profile photo of himself, seemed to have followed Buttigieg's comms director, Lis Smith first, before anyone else, even Pete himself. Seems a bit odd for someone who is not supposed to be connected in any way to Lis Smith. He also said he was Lis in one post that he later chalked up to merely being an inside joke among the campaign.
He appears to have only followed mostly Buttigieg campaign-related profiles located in the United States and only three accounts that are geotagged to Nigeria, quite telling for someone who is supposedly living in Nigeria. This faceless account was also connected to a Reddit account which had a post about sock puppets and Bitcoin amongst an otherwise sparse post history. He woke up at five pm and went to bed when it is morning in Nigeria.
He also has had some quite humorous Twitter exchanges with Lis Smith, considering the official story that he is just a random supporter following the campaign from Nigeria while she is a totally unrelated head honcho of the campaign, such as posts where he compliments her appearance or commending her wise strategy in perfect American English, with her telling "him" thanks in return. He also said he loves "wine and dancing" in his bio and apparently has an affinity for using the word "chutzpah," just like Lis Smith.
The English part is perhaps not surprising, considering that it is used in Nigeria due to its' colonial past, yet at the same time his knowledge of intricate political machinations and terminology surpasses that of most Americans, which is puzzling for an otherwise elusive Nigerian. Yet, it would make sense if it was really written by someone inside Pete's campaign.
When this story began to gain traction in the twittersphere, the Establishment media was quick to refute these allegations first by claiming to contact whoever was behind the account in question and effectively asking the person who has access to the email, "Are you really who you say you are?" And then when they said, "Yes, yes, I am." They said, "Well seems good enough for me."
It was good enough for at least BuzzFeedNews, who went so far as to definitively state they have proven the identity of Chinedu as not Lis Smith, who then had their story repeated by Newsweek. Slate went so far as to supposedly video chat with this character, which in many people's minds may have sealed the deal on his authenticity. Yet no mention was made of the possibility that the person they spoke to was an impostor given the login credentials of Chinedu by Smith and co. so that he can "prove" to the reporter through FaceTime that he has that access to the profile and thus is the real Chinedu. So how do we know that this supposed Nigerian they spoke to was a real, as it is entirely possible and probable that if someone in Pete's campaign was about to get caught in an instance of digital blackface, they would double down by finding someone in the United States to play the role of Chinedu? And how do we know they spoke to anyone at all and aren't just making the entire source up, as media outlets have been caught doing in the past?
And then it comes out that the BuzzFeed writer who wrote the piece exonerating Smith is actually friends with Smith and they have multiple instances of chatting amiably via Twitter. Is this really an unbiased source and one that we can trust, especially considering that Liz Smith retweeted her friend's article within one minute of it being published?
This is how the truth is laundered and whitewashed (or blackwashed, in this case) through the establishment media, who all know each other and who all are corrupt and thus willing to lie for each other, because were one to go down, they would all go down. Thus Mayor Pete, the seeming favorite of both the CIA and a huge chunk of the mockingbird media, is being protected at the expense and victimhood of truth.
And people, including some prominent blue checkmarks who originally broke the story chose to bow their head down, tuck their tail between their legs, and submit to the quote-unquote "official story" now handed down from on high rather than be seen as some sort of left-wing analog to a Qanon crazy or conspiracy theorist. This is how solidified their monopoly on the narrative is: that once they set it through a mouthpiece or organ of the party like Newsweek or BuzzFeedNews, the rest marches into lockstep and abandons their previously held but now heretical beliefs, even in contrast to the facts they see with their very own eyes.
Seriously, we know how prevalent astroturfing is the history of Pete's campaign, and not just his campaign but modern-day politics in general. Let's be real. This is something I am sure all campaigns are doing, so why are we acting all surprised and refusing to see the truth when one communications director gets caught using this exact technique? Are we living in a post truth world? And is there any "smoking gun" evidence that could be proffered regarding this fiasco that would be so insurmountable that the even the Buttigieg campaign would be forced to admit to using digital blackface and then lying about it?(think like how the Iranian govt was forced to admit to downing 751 after initially denying in the wake of twitter users surfacing firsthand video of the strike)
submitted by dubiouslylegal to conspiracy [link] [comments]

MarcoPolo Protocol #3 #AMA: #AMAwithEvan - After the MarcoPolo Protocol Community Reached 120,000 people, What is Next?

MarcoPolo Protocol #3 #AMA: #AMAwithEvan - After the MarcoPolo Protocol Community Reached 120,000 people, What is Next?
How does MarcoPolo Protocol expand its market in South Korea, Turkey, Vietnam, Turkey, Russia, Indonesia, and other countries? What is the current community situations?
On February 28, MarcoPolo Protocol hosted the third online AMA on MarcoPolo Protocol English Telegram group ( and they invited MarcoPolo Protocol Community Director Evan as our guest to answer questions from the community.
Here are the highlights from the AMA event, enjoy it.
#AMAwithEvan Question 1: I know MarcoPolo Protocol is expanding its market globally, could you tell us more about the current market situation?
MarcoPolo Protocol has been making individual operation and marketing plans for different countries and regions base on each of the local cultures. As of now, we have already had certain brand awareness and users in Turkey, South Korea, Vietnam, Indonesia, Russia, Brazil, and other countries.
Until now our main community numbers are as follows:
Russia: 5,732
Vietnam: 795
Indonesia: 3,414
Turkey: 1,424
Korea: 3,000 +
#AMAwithEvan How about the individual country’s market situation such as Korea?
In the Korean market, we have cooperated with Coinpan, the largest and most authoritative forum in South Korea, to promote us on their platform. Our MAP introduction article ranked second in the "Coinpan hottest article". Furthermore, many other articles done by users to introduce MAP were being selected on the list several times. We are also reaching out with Cobak for partnership and will comprehensively promote us on most of the Korean blockchain mainstream media platforms.
South Korean media also have very enthusiastic reports for us:
#AMAwithEvan How about the Vietnamese market?
There are many investors in Vietnam who have a strong interest in us and are optimistic and supportive of us for a long time. They organize offline meetings, please check it:
#AMAwithEvan How about other countries?
Besides Vietnam and Korea, we have more Market action, such as Turkey, Russia, Indonesia, Nigeria, and more.
Turkish community has reached a cooperative relationship with Cointral, a local offline OTC platform, Kazancrehberi, the largest local community, as well as a number of companies under the well-known local projects MenaPay and Venture Capital;
And On January 28th, MarcoPolo Protocol was invited to the Cryptotalks conference hosted by cc media, our core developer Seebook attended the event and delivered a speech. More than100 audiences attended the event, here are some images from the event:
Below are some pictures of meeting up, which were warmly welcomed by the locals
#AMAwithEvan wow, that is a lot, is there more you want to add?
Indonesian community has reached strategic cooperation with Coinvestasi and Fanspage Pemburu Bitcoin Indonesia, two major blockchain media in Indonesian; here is the online KOL of Indonesia who introduced MarcoPolo Protocol
Russian community has docked with some Ada service providers for professional technical support and a professional service team to expand the Russian market online. we are also reported by Russia's biggest media crypto.russia.
We also received some support from Nigerian, they actively organized offline activities, thank you for your support
#AMAwithEvan Question 2: Has MarcoPolo Protocol work with any media?
In terms of PR, international media Yahoo Finance, and Russian media Cryptorussia,Turkey media BFmedia,has conducted PR reports with us. Each week, PR articles will be published on major websites, we have reached long-term relationships with more than 250 companies including but not limited to: Journal NBC, CBS, ABC, and FOX, etc.
Too many media report there, I can't show them all, please check here:
#AMAwithEvan Question 3: Could you tell us more about MAP Token?
MAP was launched on 08/11/2019, MarcoPolo Protocol (MAP) is a peer-to-peer electronic cash system infrastructure. It aims to achieve the blockchain world public chain TPS sharing and intelligent scheduling. The peer-to-peer electronic cash system aims to offer an unlimited expansion of TPS and optimal GAS fees.
Total Supply is 10 billion MAP, currently, it is listed on CoinMarketCap and CoinGecko, and available on Kucoin exchange.
Only 0.5% in circulation
MAP/USDT pair:
MAP/BTC pair:

The official website:
#AMAwithEvan Question 4: Could you tell us more about MarcoPolo Protocol community situation?
For the English community, one of our most important community, we have already had more than 120K users in Telegram groups. It is one of the most active blockchain groups. There are many MarcoPay loyal users. We will share MarcoPolp Protocol’s latest updates, tech progress, news, etc. You can ask any question in the group, our Angels will try their best to answer you. Also, you are welcome to make suggestions in the group. It is a fun group.
We are in this group😄. This is a community leading to freedom of wealth
#AMAwithEvan Question 5: After the MarcoPolo Protocol Community Reached 120,000 people, What is Next?
Next, we will mainly focus on South Korean, Vietnamese, Russian ,Indonesia and Turkish markets. We will support local community managers to host some meetups soon and we are cooperating with several big exchanges to list MAP.
We are cooperating with several big exchanges to list MAP. Stay tuned!

Right now, we are having a 50% Off BTC Launchpad on MarcoPolo Protocol event.
Here is the details information.
Excited about bitcoin halving in May? don't miss the last chance to buy BTC at half price, 50% off!! 50% off BTC Launchpad.
  1. Participate in 50% Off BTC with MAP
  2. Total supply: 6 BTC
  3. Everyone can buy BTC with half price, the winning ratio is random, up to 30%.
  4. Deposit MAPC can increase your winning Odd.
  5. Successfully purchased BTC and the remaining MAP will be returned to your wallet account when Launchpad ENDS
  6. Download MarcoPay to join:

After the MarcoPolo Protocol Community Reached 120,000 people, What is next? For the community, we will host more fun events and give more benefits to community members. Also, we will host AMA events weekly to keep a close connection between the project and users.
Don't forget to Purchase BTC at half price, this is a good chance to earn money.🤑
#AMAwithEvan Bonus Question 1 from Niom706, he asked: What is the future/Roadmap Of Marcopolo Protocol?
Road map:
The First Stage 2019.Q1
The interoperability module Gravity has been developed, which realized useable interoperability between the third-generation public chain and high consensus digital currency such as BTC and ETH, will share computing power and performance gradually expand to more high-performance public chain through interoperability.

The Second Stage 2019.Q3
Online retail payment application - Marco Pay
POB Community Governance DAPP.
The Third Stage 2020.Q4 Interaction: Independently developed MarcoPolo main Network StandardChain will be launched, achieving APoS, On-chain governance, Architecture design of InteractChain.

The Third Stage 2020.Q4
Interaction: Independently developed MarcoPolo main Network StandardChain will be launched, achieving APoS, On-chain governance, Architecture design of InteractChain.

The Fourth Stage 2022.Q2
Grand Unification:
The realization of heterogeneous cross-chain operability, resource sharing between chains.
here is MarcoPolo Protocol official website:
#AMAwithEvan Bonus Question 2 From Lunox76, she asked: How do you anticipate a dump after MAPC swap?
Our marketing department will make a larger global market expansion in March.
The core technology team has also been developing products that contribute more to the blockchain industry.
This will promote our marketing, new investment, and commercial applications. It will bring an unprecedented increase, we are fully capable of accepting price dumps, and I predict that the map trading market in March will be larger. Big drops are impossible.
#AMAwithEvan Bonus Question 3 From u/Imamarifin90, he asked: What is the best plan for MAP holder? we all know BTC will halve in this May?
As I just said, we will do some big market activities and technological innovations before the Bitcoin halving in May comes.
This will promote our marketing, new investment, and commercial applications. It will bring an unprecedented increase,
we are fully capable of accepting price dumps, and I predict that the map trading market in March will be larger.
For MAP holders There will be a larger currency holding dividend system being released. Half-price bitcoin Launchpad is just the beginning. There will be more products that are more conducive to #built the price of MAP. We will also take out some market funds to ensure investors' Benefits are not lost.
Thank you all for joining the event, will host another AMA next week! See you next week.
Recent Activity:
50% Off BTC Launchpad on MarcoPolo Protocol.
Excited about bitcoin halving in May? don't miss the last chance to buy BTC at half price, 50% off!! 50% off BTC Launchpad.
  1. Participate in 50% Off BTC with MAP
  2. Total supply: 6 BTC
  3. Everyone can buy BTC with half price, the winning ratio is random, up to 30%.
  4. Deposit MAPC can increase your winning Odd.
  5. Successfully purchased BTC and the remaining MAP will be returned to your wallet account when Launchpad ENDS
  6. Download MarcoPay to join:
You can get MAP on Kucoin exchange or MarcoPay instant exchange

Airdrop, join it on Telegram at
💰Per Participant: 200 MAPC
💰Each Invite: 50 MAPC
💰You can withdraw MAPC to your wallet instantly and swap MAPC to MAP on MarcoPay
⬇️Start Receiving Airdrops:
⬇️Download MarcoPay:
submitted by SamJia to MarcoPoloProtocol [link] [comments]

Blockchain Gaming in Africa :Nigeria will benefit greatly from Chromia games

The population of Africa has grown rapidly over the past century and consequently shows a large bulge. Total population as of 2017 is estimated at more than 1.25 billion, with a growth rate of more than 2.5% p.a. The most populous African country is Nigeria with 191 million inhabitants as of 2017 and a growth rate of 2.6% p.a. Population growth has continued at almost the same pace, and total population is expected to surpass 2 billion by 2038 (doubling time 29 years, 2.4% p.a.)
Smart phone usage in Nigeria
Due to the growing penetration of smartphones across Nigeria and mobile broadband access that is cheaper and faster than it has been a few years earlier, developers have the opportunity to spread mobile games easily. The population of Nigeria is young, with more than 60% of the population being under 25 years old, and its locally produced movies and music both form a strong industry. Nigeria has the world’s fastest growing mobile internet usage behind China and India.
In recent years, mobile phone penetration in sub-Saharan Africa has increased dramatically. Statistical data shows that there are 747 million SIM connections in sub-Saharan Africa, representing 75% of the population. Mobile phone ownership is especially high in South Africa and Nigeria with nine in ten individuals owning a mobile device. When it comes to mobile internet access, Ghana, Nigeria and South Africa are the countries with the highest number of mobile internet access on the continent.
Nigerians are highly innovative and positive towards blockchain technology
According to data from LocalBitcoins,Nigeria came second in the world’s peer-to-peer (P2P) Bitcoin transactions in 2017 outpacing major European countries, the United Kingdom and the United States of America. This data shows us that the adoption of BlockChain games can be great in Nigeria if the right gaming platform gets to the region.
Chromia Studios #Decentralized Blockchain Gaming (powered by chromia)
Chromia_Studios is a new channel that will explore, innovate, entertain, and educate about #blockchain gaming on #Chromia.Blockchains provide a useful tool for gamers for various reasons including:
-Decentralized asset exchanges
-Verifiable scarcity of virtual objects and collectibles
-Fast and secure payment networks
-Means for developers to properly monetize their creations.
Large western companies have been profiting the Nigerian game market, I hope chromia will join the league by creating a mobile compatible blockchaingames .
Important links: Chromia Rell is a language for relational blockchain programming. It combines the following features:‍◽ Similar to SQL. People… Chromia Studios Entertaining the players Chromia Studios will publish its first title in Q4 2019. Chromia Studios has partnered with… Dalarnia
submitted by dam30 to u/dam30 [link] [comments]

📣 We are proud to announce that Ferrum Network has partnered with DASH

New York/Lagos, September 16, 2019 — Dash, the top digital currency for payments and e-commerce, today announced a partnership with Ferrum Network, a high-speed interoperability network for real-world financial applications, to offer Dash payment options to Kudi Exchange customers and merchants, and to host Dash in the Ferrum Network product line.
Dash has a heavy presence in Nigeria, with hundreds of merchants offering it as a payment method. Similarly, Kudi Exchange, the “Coinbase plus Venmo” of Africa, has been aggressively on-boarding Nigerian merchants and customers to its hybrid cryptocurrency exchange and instant payments app.
By offering Dash to Ferrum Network and Kudi Exchange users through the UniFyre Wallet (to be directly connected to Kudi Exchange), customers throughout Africa and around the world will have access to a top digital asset in Dash.
“We are thrilled to be partnering with Dash — one of the best and most trusted names in cryptocurrencies for the benefit of our users,” said Naiem Yeganeh, PhD, CEO of Ferrum Network.
From the standpoint of our Kudi Exchange customers in Africa, Dash fits the model of what we wish to offer — a real use case, existing users, and a focus on Africa through Dash Nigeria, said Germaine Ifudu, COO of Kudi Exchange.
“The partnership of Ferrum Network/Kudi Exchange and Dash represents a natural evolution of where we want to take Dash. With this partnership, Dash is now exposed to an entirely new set of users in a high-growth region who can truly benefit from the everything Dash has to offer — a truly decentralized global currency for instant, low-cost, peer-to-peer transactions” said Nathaniel Luz of Dash Nigeria.
“We look forward to working closely with Dash as Ferrum Network expands its product line worldwide. We will be deepening the Ferrum-Dash partnership in the future as we continue to release our products and our mainnet, said Ian Friend, Esq. COO of Ferrum Network.
About Dash Dash is digital cash, allowing millions of individuals, as well as thousands of merchants and businesses across the globe to carry out blazingly fast, secure transactions for less than a cent. A top ranked cryptocurrency, with a market cap of over $1.3 billion USD, and the rising alternative to bitcoin, Dash is accepted at over 4,900 merchants globally, accessible via 700+ ATMS and 90+ exchanges worldwide, making it one of the few offering safe, decentralized solutions. For more information, visit or follow the organization on Twitter @DashPay.
About Ferrum Network
Ferrum Network is a blockchain-based FinTech company bringing world-class financial products to emerging markets. Ferrum’s high-speed interoperability network supports financial applications such as fiat gateway and non-custodial wallet designed to empower millions of people around the world by giving them control of their own assets. The FRM token is now available, Binance DEX, and others coming soon. For more information, visit and follow on Twitter:
Ferrum Network Links:
Bitcoin Talk:
submitted by tentbobert to FerrumNetwork [link] [comments]

Binance, Paxful partner to bring bitcoin to masses as the latter supports over 300 payment methods

Cryptocurrency exchange Binance and peer-to-peer (P2P) trading platform Paxful have joined hands to bring bitcoin to masses.

The partnership will allow Binance users to utilize Paxful’s platform directly on to buy bitcoin (BTC) with 10 fiat currencies - Russian ruble (RUB), Vietnamese dong (VND), Indonesian rupiah (IDR), Nigerian naira (NGN), Colombian peso (COP), British pound (GBP), Mexican peso (MXN), Canadian dollar (CAD), euro (EUR) and Argentine peso (ARS).

In other words, Paxful is now Binance’s another fiat gateway partner, joining the list of Koinal, Simplex, Paxos, TrustToken, Flutterwave and AdvCash. Binance already allows buying of bitcoin via these partners, so how is Paxful’s platform different?

“Unlike other payment gateways, Paxful supports more than 300 payment methods including local currency bank transfers, gift cards, and online wallets. This gives an opportunity for the unbanked and underbanked to be part of a new ecosystem,” Artur Schaback, co-founder and COO of Paxful, told The Block.

He further explained that Nigeria, for instance, has restrictive banking rules. So residents of this country can use gift cards to buy bitcoin via Paxful to fund their Binance accounts.

Paxful said it currently supports 167 fiat currencies on its platform, but for Binance integration, it is supporting the ten fiat currencies for now and could add support for more “in the near future.”
submitted by FastSellerService to BitcoinInfo [link] [comments]

Crypto exchanges in Nigeria with all payment methods

Luno exchange
Luno is a Bitcoin exchange with a presence in South Africa, Singapore, Nigeria, Malaysia and Indonesia. It offers 0% fees for market makers, meaning you can avoid fees if you place a buy order then wait for a seller to take it.
+ One of the most trusted Bitcoin exchanges in Asia
+ Free deposits and low withdrawal fees
+ Low fees; 0% for market makers and only 0% - 1% for market takers (depending on fiat currency)
LocalBitcoins is an escrow service which also helps to match bitcoin buyers and sellers. The most common method of payment for purchase is cash deposit.
Buying bitcoins via an in-person meeting, secured and facilitated by LocalBitcoins, may be one of the fastest and most private ways to buy bitcoins in any country.
+ Private, fast and easy
+ In-person trades require no personal information
- Beware of scams; always follow the rules
- Harder to buy large amounts of bitcoins compared to large exchanges
NairaEx exchange
NairaEx is the largest Bitcoin exchange in Nigeria. Its customers can purchase bitcoins with Perfect Money, bank transfer or with cash via bank deposit.
+ Long-running Nigerian exchange
- Identity verification offers less privacy than other purchase methods in Nigeria, like LocalBitcoins
BitPesa is a Bitcoin remittance company. They sell bitcoin in Kenya via the popular M-PESA mobile payment service. BitPesa also has a presence in 2 other African countries. In Nigeria, you can use BitPesa to buy bitcoins with your debit card or Paga account. In Uganda, you can buy with MTN or Airtel. Purchase method for Kenya is coming soon.
+ Convenient way to buy bitcoins in Kenya, Nigeria, and Uganda
- Identity verification offers less privacy than other methods in Nigeria or Uganda, like LocalBitcoins
Mycelium Local Trader
Mycelium Local Trader helps you find local Bitcoin sellers. Once you locate a seller, you meet up in-person and conduct the trade. Mycelium charges absolutely no fees. While Mycelium Local Trader works great in highly-populated areas, users in low population areas will have trouble finding sellers.
+ Easy and cheap way to buy bitcoins with cash
+ Private way to buy bitcoins, no personal information required beyond cellphone number
- Users in sparsely populated areas will have trouble finding sellers
Changelly lets you buy bitcoin with Litecoin, Dogecoin, altcoins and many other digital tokens. Changelly works in nearly every country but you will need another cryptocurrency in order to purchase bitcoins. Exchanges happen almost instantly because Changelly never actually controls your tokens but just exchanges them.
+ Easiest and fastest way to buy bitcoins with altcoins
+ Fees are reasonable for larger traders
- Need altcoins or other digital tokens to use
More info
submitted by ICOnow to CryptoCurrencies [link] [comments]

Stellar Lumens HODL alert: 2017 Round up, Partnerships, Lumens vs. Other Cryptos

Welcome everyone! The future of Stellar Lumens is bright! Today we will look at the accomplishments of in 2017.
. .
2017 Round Up
IBM / Stellar Partnership
• Kik Messenger’s KIN coin to move from Ethereum to Stellar in 2018
• Stellar ATM introduced in Singapore
• Jed McCaleb confirms IBM/Stellar has 30 banks on board (Youtube Video) enables forward thinking financial entities to easily join the Stellar ecosystem.
• IBM adds 8 new validators from 8 different countries onto the Stellar network (article)
Forbes calls Stellar “venmo, but on a global scale - and for larger bodies like banks and corporations.”
• Stellar Lumens Is Up 6,300% Since March and Is Aiming for Big Blockchain Partners (article)
• Many new partnerships (listed below) that will be using the Stellar network in 2018.
Binance and GoPax Exchanges Adds Stellar
Ledger Nano S support is now available for Lumens (XLM)
• The next coin to break into the top 10 cryptos (article)
2017 Partnerships & Financial Institutions
IBM - is an American multinational technology company headquartered in Armonk, New York, United States, with operations in over 170 countries. IBM partnered with Stellar to help financial institutions address the processes of universal cross-border payments, designed to reduce the settlement time and lower the cost of completing global payments for businesses and consumers.
SatoshiPay - a web payment system that helps online publishers monetize digital assets like news articles, videos, or PDFs in tiny increments without friction.
EXCH.ONE - is a FinTech software company based in Switzerland currently working to integrate its platform and its first technology adopter Euro Exchange Securities UK Ltd. into the Stellar network. This addition to the Stellar network will bring access to currency markets of South and Central America,UK and a number of EU countries.
Novati (ASX:NOV) - is an Australian-based software technology and payment services provider. Novatti is currently working to integrate it’s platform into the Stellar network with the ultimate aim to build a global money transfer solution to provide cross border, cross currency and cross asset payments.
Pundi X - is an Indonesia based fintech company that provides POS device, debit card, multi-currency wallet that empowers individuals to buy and sell cryptocurrency at any physical store in the world. They say "buying cryptocurrency should be as easy as buying a bottled water."
MoneyMatch - is a Malaysia based fintech startup that provides a fully-digital peer-to-peer currency exchange platform for customers to transfer and exchange foreign currencies with complete ease and at great value. The company plans to integrate with the Stellar network and enable pay in and pay out from Malaysia.
Streami - is a Korea based fintech company that offers blockchain enabled cross-border remittance service and recently launched a cryptocurrency exchange. The partnership extends both on the exchange side and remittance operations.
Neoframe - is developing and marketing trading solutions for big brokerage firms in Korea and extends its business to blockchain based applications. Neoframe developed high performance centralized cryptocurrency exchange as well as secure wallet solutions and is working with big financial players. The company is planning to launch a remittance business for ASEAN countries (Thailand, Vietnam, Indonesia, Malaysia, Philippines, Singapore, Myanmar (Burma), Cambodia, Laos, Brunei) using Stellar.
SureRemit($RMT) - is a Nigeria based global non-cash remittances company. SureRemit leverages the Stellar blockchain platform to connect immigrants abroad directly with merchants that provide the services needed by their loved ones back home. With Remit tokens, immigrants all over the world can access digital shopping vouchers that can be spent on goods and services at accepting merchants wherever they are.
Cowrie Integrated Systems - is a Nigerian based Value Added Service Provider. Cowrie provides services at the intersection between telecoms and finance. Cowrie recently joined the Stellar network to bring novel fintech services to the African market.
Smartlands - is a Stellar-based platform designed to create a new class of low-risk tokens, secured by real, profitable assets in the real-world economy. Smartlands is designed to promote investments in the agricultural sector by allowing investment in individual projects, agricultural companies or indexes of groups of projects. These investments will be fully collateralized by agricultural real estate, other productive assets such as fruit or nut trees or, in some cases, the actual crop.
Klick-Ex - is an award winning regional cross-border payments system delivering financial infrastructure for emerging markets. It has been responsible for dramatic uptake in digital financial services in unbanked regions of the world, and lowering costs for banks, central banks and consumers in low liquidity currencies. Its key presence is in the Pacific and Europe, and it is a founding member of processing more than 775,000 transactions per second, per billion of population (source).
Mobius - Mobius connects any app, device, and data stream to the blockchain ecosystem. Our simple and easy to use bidirectional API allows non-blockchain developers to easily connect resources to smart contracts and more. The Mobius MVP acts like Stripe for Blockchain by introducing innovative standards for cross-blockchain login, payment, smart contract management, and oracles. The Mobius Team includes David Gobaud, Jed McCaleb ( founder), Jackson Palmer (creator of Dogecoin), and Chandler Guo (notorious Bitcoin & blockchain investor).
Chaineum - Chaineum, the first French ICO Boutique, will use the Stellar network for upcoming ICOs. “Chaineum is positioned as the first “ICO Boutique” in France, providing a range of end-to-end services to companies and international start-ups wishing to develop with this new funding mechanism. Chaineum is preparing 8 ICOs by the end of 2017, for European, North American and Asian companies, of which cumulative amount could reach € 200 million." (source)
Poseidon Foundation - Poseidon will simplify the carbon credit market with the creation of an ecosystem built on’s blockchain technology. This technology will prevent double counting of carbon and will be consistent across jurisdictions, making it easier for companies to deliver and measure progress towards their climate targets or other goals such as deforestation-free commitments.
Remitr - Remitr is a global platform for cross border payments, licensed in Canada. Remitr uses the Stellar network for international settlements for businesses as well as other payment partners. Remitr’s own payout network of 63 countries, comprising several currencies, is extended onto the Stellar network.
MSewa Software Solution (MSS) - MSewa Software Solution (MSS) Payments provides a one-stop digital payment service available across the Globe. MSS Payments aims at serving the consumers (Banked, Unbanked and Underbanked) with mobile banking facilities on the move from anywhere by transferring funds in their mobile phone.
PesaChoice - PesaChoice is a leader in international bill payment services for the African diaspora. PesaChoice aims at making international bill payment process easy, seamless, secure, with reasonable and competitive service fees, and up to date technological advances.
SendX - Singapore based SendX, in partnership with Stellar, is the better way to move money worldwide. The SendX team believes that the future of transactions is decentralized and distributed, bringing true equity to everyone across the value chain.
VoguePay - VoguePay, with offices in the United Kingdom and Nigeria, is partnering with Stellar to become the cheapest and most efficient way to send money between the United Kingdom and Nigeria. In the coming months, they expect to expand this service to other selected African countries.
HashCash - Hashcash consultants build financial solutions for banks and financial institutions over blockchain. We leverage the Stellar platform to build products that vastly improve the remittance and payments experience for banks and their customers. Transfers happen lightning fast at a fraction of current rates and operational cost is significantly reduced. HashCash is headquartered in India, with operations across South Asia and the Gulf.
Stellar Lumens vs Other Cryptocurrencies
Lumens vs. Bitcoin: Jed McCaleb spoke at Distributed Markets in 2017 about the advantages, but more importantly, the disadvantages of Bitcoin. Listen to the talk here. Jed said, “Bitcoin is this awesome innovation. The first thing it does is converts a real world resource, electricity, into a digital asset. So it takes something from the real world and puts it into the digital realm. The second thing it does is provides immutable public record. It’s basically a database that everyone can see but no one change arbitrarily… That’s great, Bitcoin solves the double spin problem [ of proving possession and transmitting volume]… [However, to fix the problems of bitcoin] you might think well maybe we’ll just kind of keep adding [software] to Bitcoin until we get there, but that’s not really the way software works. You want to have the design from the beginning and solve these simple issues. Bitcoin was designed to be a new currency, it wasn’t really designed to be this unifying universal payment network. So that’s what Stellar does. It solves these three remaining issues.”
Lumens vs. Bitcoin #2: According to, "Bitcoin mining guzzles energy - and it's carbon footprint just keeps growing." Wired says "Today, each bitcoin transaction requires the same amount of energy used to power nine homes in the US for one day... The total energy use of this web of hardware is huge—an estimated 31 terawatt-hours per year. More than 150 individual countries in the world consume less energy annually. And that power-hungry network is currently increasing its energy use every day by about 450 gigawatt-hours, roughly the same amount of electricity the entire country of Haiti uses in a year." Because Stellar is based on a consensus algorithm rather than mining, it takes much less energy to run the Stellar network. The Poseidon Foundation decided to build their platform on Stellar rather than Ethereum or Bitcoin because of this (twitter source).
Lumens ICO tokens vs. Ethereum ICO tokens: According to, "traditionally, ICO tokens have been issued on the Ethereum network in the form of ERC20 tokens. ERC20 tokens are easy to issue and are infinitely customizable using Ethereum’s smart contracting language. However, recent events have highlighted and exacerbated some weaknesses of the network, including slow transaction processing times for the network during ICOs and increasingly expensive gas prices (by fiat standards) for transactions and smart contract execution. Moreover, many organizations require only basic tokens; they adopt the risk of Ethereum’s Turing complete programming language without taking advantage of many of its benefits."
"While Ethereum has the most expressive programming capabilities, we believe Stellar is the best choice for ICOs that do not require complex smart contracts. Stellar’s primary goal is to facilitate issuing and trading tokens, especially those tied to legal commitments by known organizations, such as claims on real-world assets or fiat currency."
Stellar vs. Ethereum #2: The median transaction time on Stellar is 5 seconds, compared to approximately 3.5 minutes on Ethereum (source). Stellar has a negligible transaction fee (.00001 XLM ~= $0.0000002) with no gas fee for computation, while depending on the complexity of the computation, the median cost for a transfer on the Ethereum network is $0.094. Security: While both Stellar and Ethereum run on a decentralized network, the Stellar network has fewer security pitfalls. Stellar uses atomic transactions comprised of simple, declarative operations while Ethereum uses turing complete programming capabilities which produces less auditable code and greater risk of exploitable vulnerabilities (source). Recently, a security flaw in the Ethereum network froze millions of dollars. According to Mobius ariticle written by David Gobaud, "On November 6, 2017, Github user deveps199 'accidentally' triggered a bug in Parity, a popular Ethereum mult-sig wallet, that froze more than $152 million in Ether across 151 addresses. The bug impacted several token sales including Polkadot, which has had ~$98 million out of its recent $145 million sale frozen."
"Mobius had none of its ongoing pre-sale Ether frozen because we do not trust Ethereum’s Smart Contract based multi-sig wallets given the vast Turing complete attack surface and did not use one. Security broadly is one of the main reasons the MOBI token that powers the DApp Store is a Stellar Protocol token and not an Ethereum token."
Lumens vs. Ripple: According to Wall Street Bitcoin Exchange, "Many investors like to compare the company [Stellar] to Ripple, and there are a lot of similarities, being that some of the founders worked on the Ripple team. In what can now be looked at as another blockchain development drama that plays out on chat boards and in interviews all across the globe. Stellar declared they fixed Ripple’s problems with their hard fork, however, Ripple has failed to admit to any of the flaws in its design that the Stellar team has pointed out." The article concludes by saying, "We Choose XLM Over XRP For 2018. That is why we are going with Stellar Lumens over Ripple in our portfolio for the rest of 2017 and 2018. After holding Ripple for a long time this year, it just never seems to make the big break like other names with bigger market caps like Bitcoin Cash, Dash, and Litecoin have. While we are holding on most all our larger market caps, we feel that Stellar Lumens will be one of the break out coins for 2018."
The team is doing an amazing job making partnerships and pioneering the use of blockchain technology for various types of transactions. What we are seeing is a new technology that can actually be used to solve real-world problems. As a community, we need to continue supporting Stellar and we will quickly see it power transactions across the world. What are your thoughts about Stellar? What do you see in the future of Stellar? Any important news you want to share? Comment below.
submitted by chargingerman to Stellar [link] [comments]

How to buy Bitcoin in Nigeria with all payment methods

Luno exchange
Luno is a Bitcoin exchange with a presence in South Africa, Singapore, Nigeria, Malaysia and Indonesia. It offers 0% fees for market makers, meaning you can avoid fees if you place a buy order then wait for a seller to take it.
+ One of the most trusted Bitcoin exchanges in Asia
+ Free deposits and low withdrawal fees
+ Low fees; 0% for market makers and only 0% - 1% for market takers (depending on fiat currency)
LocalBitcoins is an escrow service which also helps to match bitcoin buyers and sellers. The most common method of payment for purchase is cash deposit.
Buying bitcoins via an in-person meeting, secured and facilitated by LocalBitcoins, may be one of the fastest and most private ways to buy bitcoins in any country.
+ Private, fast and easy
+ In-person trades require no personal information
- Beware of scams; always follow the rules
- Harder to buy large amounts of bitcoins compared to large exchanges
NairaEx exchange
NairaEx is the largest Bitcoin exchange in Nigeria. Its customers can purchase bitcoins with Perfect Money, bank transfer or with cash via bank deposit.
+ Long-running Nigerian exchange
- Identity verification offers less privacy than other purchase methods in Nigeria, like LocalBitcoins
BitPesa is a Bitcoin remittance company. They sell bitcoin in Kenya via the popular M-PESA mobile payment service. BitPesa also has a presence in 2 other African countries. In Nigeria, you can use BitPesa to buy bitcoins with your debit card or Paga account. In Uganda, you can buy with MTN or Airtel. Purchase method for Kenya is coming soon.
+ Convenient way to buy bitcoins in Kenya, Nigeria, and Uganda
- Identity verification offers less privacy than other methods in Nigeria or Uganda, like LocalBitcoins
Mycelium Local Trader
Mycelium Local Trader helps you find local Bitcoin sellers. Once you locate a seller, you meet up in-person and conduct the trade. Mycelium charges absolutely no fees. While Mycelium Local Trader works great in highly-populated areas, users in low population areas will have trouble finding sellers.
+ Easy and cheap way to buy bitcoins with cash
+ Private way to buy bitcoins, no personal information required beyond cellphone number
- Users in sparsely populated areas will have trouble finding sellers
Changelly lets you buy bitcoin with Litecoin, Dogecoin, altcoins and many other digital tokens. Changelly works in nearly every country but you will need another cryptocurrency in order to purchase bitcoins. Exchanges happen almost instantly because Changelly never actually controls your tokens but just exchanges them.
+ Easiest and fastest way to buy bitcoins with altcoins
+ Fees are reasonable for larger traders
- Need altcoins or other digital tokens to use
More info
submitted by ICOnow to CryptoCurrencies [link] [comments]

NEO Health

NEO Health
Dear NEO Health Community:
Firstly, I would like to thank everyone for your support since we opened the PeerAtlas Telegram last November. We are all in this together.
I will provide a brief history of PeerAtlas and NEO Health.
2011: The PeerAtlas project begins with the goal of launching a completely free library for high-quality medical information, and ultimately launch a live rolling clinical trial to collect outcome data on patients, which would prove or disprove the claims of pharmaceutical companies, becoming the most valuable medical database in the world.
2011-2016: PeerAtlas founder Brad Mattson codes an alpha version of a wiki-based medical algorithm encyclopedia while in medical school and training to become a radiologist. Development and marketing of the project is difficult during this time because the majority of Brad's time is consumed by the notoriously brutal schedule of a doctor in training…but the project continues. For those who don't know, doctors enjoy working longer hours than most for reasons that are unknown.
November 2016: Brad buys his first Bitcoin, watches the price of Bitcoin increase, and instantly becomes a crypto degenerate (AKA true believer) like several others before him. Brad watches all of his personal holdings get tied up in crypto over the next several months, and considers selling his house. In retrospect, I should have sold the house.
April 2017: Brad moves all of his crypto investments into Antshares because he reads on Reddit that Antshares has the best community and he enjoys supporting a Chinese project because his wife is Chinese. This really was all the research I did, but most people would recommend reading the whitepaper before making moves like this.
June 2017: Brad hopes to launch PeerAtlas on the platform of the future, and like any self-respecting crypto degenerate (AKA true believer), he believes the future of everything must be blockchain. Having so much respect for the strength of the Antshares community, Brad asks his wife and PeerAtlas co-founder, Ling Wu, to email Antshares founder, Da Hongfei. Da replies and talks to launch an ICO on Antshares begin.
July 2017: Antshares rebrands to NEO. PeerAtlas co-founder Colin Closser completes the first draft of the PeerAtlas whitepaper.
Early November 2017: The PeerAtlas team (Brad Mattson, Ling Wu, and Colin Closser) visits NEO headquarters in Shanghai and plans the launch of the PeerAtlas ICO.
Mid November 2017: The PeerAtlas Telegram is opened.
Late November 2017: Cryptocurrency markets and altcoins begin their climb to new all-time highs.
December 2017: The PeerAtlas project is presented at the NEO meetup in New York City. Cryptocurrency markets are out of control. The PeerAtlas Telegram begins daily quizzes with gas awards for first 10 winners. The quizzes take place for almost 5 months, with special thanks to Vivek, Raj, Melicio and several other members of the community for making this possible.
PeerAtlas co-founder Ling Wu with NEO founder Da Hongfei at the NEO meetup in New York City
Early January 2018: The PeerAtlas ICO page goes live. Cryptocurrency markets remain out of control. The SEC sets a date for early February to discuss ICOs, security tokens, and utility tokens. Obviously this means bad news for US-based ICOs.
Late January 2018: The PeerAtlas project is presented at the first-ever NEO DevCon in San Francisco.
February 2018: The SEC declares that all utility tokens are in fact security tokens. The PeerAtlas team consults dozens of lawyers for advice regarding the launch of a US-based ICO, and we get a different answer from every lawyer because nobody has any idea what's going on. PeerAtlas suspends plans to launch an ICO from the US against the advice of several lawyers who claim the SEC doesn't have the resources to investigate every single ICO. As it turns out, the SEC does have the resources to do this, and we watched several projects get shut down by the SEC.
March 2018: Cryptocurrency markets are not looking so great. The PeerAtlas team researches launching the project from a crypto-friendly country outside of the US. Research leads to Gibraltar, Liechtenstein, Malta, and Switzerland as possible options.
April 2018: Cryptocurrency markets are looking worse. The word on the streets is that Binance, the world's largest exchange, will be moving to Malta and the PeerAtlas team decides that wherever Binance is going is probably also where we should go. Legal negotiations begin in Malta and PeerAtlas officially becomes a Malta-based company.
Late April 2018: Cryptocurrency markets are still taking a dive, but PeerAtlas moves forward with plans to launch the token sale in May.
Early May 2018: Cryptocurrency markets still look terrible but are beginning to become more stable. PeerAtlas launches the presale on May 1st. Three days after the presale is launched Brad is contacted by iScientia ( founders Koen Vanneste and Laurent David to form a partnership. Brad recognizes that iScientia is a European leader in medical information and clinical decision support for almost 20 years with endorsements from the most well-respected medical journals and libraries, and accepts the partnership.
Mid May 2018: The PeerAtlas token sale is suspended while the goals of the project are updated after the partnership with iScientia. The project takes on a new direction with a drastically more ambitious scope.
June 2018: PeerAtlas and iScientia merge to form NEO Health, and begin building a completely web-based electronic medical record to integrate with the iScientia clinical decision support tool and digital health library which is currently operating in several European countries.
July 2018: Brad suspends his career as a radiologist and moves to Belgium to work on the project full time with iScientia.
Recent Events:
In what will go down as one of the most interesting experiences of my life, I traveled to Milan, Italy with iScientia co-founders Koen Vanneste and Laurent David where we had arranged a meeting with “investors”. We were asked to meet the “investors” in a coffee shop/bookstore outside of Milan. We waited in the bookstore for around 45 minutes before the “investors” finally showed up, one dressed normally and the other dressed in a full Giorgio Armani suit. The one dressed normally was carrying a large black bag. They treated us to a cup of coffee and discussed investing into our presale. They suggested that we take 2 million euro in cash from them and put it in the trunk of a rented car and drive it across several country borders back to Belgium, and then call it their investment in our project LOL. They asked if we could meet again the next day in an undisclosed location to finalize the deal, and asked us to bring a money counter with us the next time we meet. Does it look like I just fly in from New York and I'm carrying a money counter in my backpack? If I ever need to use a money counter for anything I'm going to get one of those green banker visors to go with it.
The next day the location of the meeting changed five times before we finally agreed to meet at a very shady restaurant like something you would see in a Martin Scorsese film. At this point I figured this must be someone's idea of a practical joke. They bought us a pretty nice dinner which was definitely appreciated, but we did not have a money counter and no money exchanged hands. I explained that we were thankful for their offer, but we simply cannot accept 2 million euro in cash, put it in the trunk of a rented car, and drive it back to Belgium LOL. The story actually gets more crazy, but to protect people's privacy and make sure we don't end up getting shot, I'm not going to go into more detail. For the record, NO CASH WAS ACCEPTED FROM ANYONE.
Over the past two weeks we have been quite busy beginning development of a completely web-based electronic medical record which we will integrate with the digital health library and clinical decision support tool from iScientia to provide doctors with clinical decision support at the point of care through the NEO Health EMR. We are also finishing the new whitepaper and building an ICO page.
NEO Health headquarters in Belgium, at the European Center for Implementation of Evidence-Based Guidelines
In addition, we met with Nigerian government officials and are hoping to deploy our software in Nigeria if we can come to an agreement. Nigeria would be an ideal place to launch NEO Health because there is less barrier to entry than in the United States or Europe where there are endless healthcare regulations and patient privacy laws. We feel the quality and access to healthcare in Nigeria would improve tremendously if doctors were using a modern electronic medical record system as opposed to paper charting which is currently the most common form of charting in Nigeria. We will also speak with select hospitals in China which will serve as test sites for NEO Health, before expanding further into China.
Thank you sincerely to the NEO Health community for your support! I will keep you updated with a weekly, or at most a bi-weekly newsletter.
Best Regards,
Brad Mattson MD
Founder of NEO Health
submitted by Bayalumaya to NEO [link] [comments]

[AMA SUMMARY] Coin98 AMA #29 Ferrum Network with Ian Friend - COO At Ferrum Network
Coin98, a Facebook Group, recently did an AMA with Ian Friend, COO of Ferrum Network.
Grace Pham: Before we start the AMA could you please introduce a little bit about yourself as well as a quick introduction about FRM for anyone who hasn't heard about FRM yet?
Ian Friend: Yes of course. I am the Co-Founder and COO of Ferrum Network. Prior to joining Ferrum I was a lawyer in New York City where I founded my law firm's blockchain practice team. I then met Naiem Yeganeh, PhD and we founded Ferrum.
Q: Could you briefly describe what is FRM in 3-5 sentences?
Ian Friend: Ferrum is really the combination of two interconnected components. First, is the high-speed interoperability network that can connect to any blockchain and executes transactions of any digital asset - even bitcoin - in milliseconds for near zero fees.
Q: You guys are building among other things an Interoperability Network, can you explain a bit how this works and what the advantages are compare to the existing networks?
Ian Friend: Ok so the interoperability network is a innovation from an older design, essentially it uses proxy tokens that can represent any digital asset. And because it runs on a DAG instead of a blockchain, transactions can be executed instantly for almost no fees.
Q: What is the ferrum token utility in the ecosystem? Where it will be used and why the demand for the token should increase?
Ian Friend: FRM is the gas of the network. You need to spend it to run transactions. The unique thing is that everytime a token is spent, it is burned. Our African users alone will account for thousands of daily token burns on day 1 of main net launch. The token should increase as we acquire more users for our products. The next product we will launch is called UniFyre Wallet. This will be available worldwide and coming to an app store near you.
Q: What are the advantages of DAG that you used for Ferrum Network? Why did you choose DAG instead of blockchains?
Ian Friend: We chose DAG instead of a blockcahin because they are inherently faster and cheaper than blockchains because there are no miners confirming blocks. Each transaction confirms another transaction. This is more suitable for high-speed and low cost transactions like we need to run our financial products
Q: What made you decide to start with the Kudi Exchange and why Africa?
Ian Friend: Africa is a huge market with billions of people and the existing banking and financial systems are lacking in many ways. They are also open to blockchain technology. Nigeria is the 7th biggest market in the world for BTC trading.
Q: Is there any rewards for staking FRM TOKEN in the future?
Ian Friend: Yes so there is pseudo staking now thru social mining. There will be staking in the UniFyre Wallet and staking once the main net is released in 2020. But for now you can earn thru social mining which allows you to earn FRM based on teh amount you hold plus the value you provide to the ecosystem in the form of tweets, articles, videos, etc.
Q: Till now whether they conducted any TPS for their blockchain because we need to have enough security for the transactions which most of the people will show much interest in security blockchain. Through POS layer whether we can hold the coin in order to increase the staking rewards?
Ian Friend: Ferrum Network can do thousands of transactions per ssecond and each transaction clears almost instantly. Here is a demo of a BTC transaction on our test net which execute in milliseconds
Q: What is your go-to-market strategy?
Ian Friend: Depends on the product you are talking about but for Kudi Exchange we are focused on bitcoin traders in Nigeria and also signing up merchants to our point of sale system that is built into the app.
Q: What prospects of Ferrum are you most excited about?
Ian Friend: UniFyre Wallet, Infinity DEX and laucnhing fiat gateways in parts of the world that really need crypto to help improve their lives.
Q: What is your monetary policy?
Ian Friend: We are a lean start up. We built Kudi Exchange on less than $100,000. We are very frugal and never waste money.
Q: How much fund raised until now, have you reached the softcap? will you do an IEO in the future?
Ian Friend: We just did an ICO. Total raised in all rounds was $1.12 million. The last round was $300,000 and we raised it in just a few minutes.
Q: What technology stands behind Ferrum Network and why it’s better than the existing one?
Ian Friend: So fundamentally it is a DAG based interoperability network which uses decentralied proxy tokens to achieve instant transactions of any digital asset without holding anyones private keys.
Q: Currently, there is no public Github repository for the project, do you intend in showcasing the code at some point?
Ian Friend: We will be showing more public repositories as we continue.
Q: What's your plan after listing on Bitmax?
Ian Friend: Binance DEX application was made last week, we are just waiting on the validators to vote. We are in talks with many other exchanges just looking for the right one to list on next.
Q: What is the Unifire wallet? and when the Unifire wallet lauch?
Ian Friend: is a non-custodial wallet with many unique features like the ability to recover your assets if you lose your phone, and risk free OTC trading and staking any token. Version 0.1 will be released in the next few months. Later versions will have all the features once main net is live.
Q: What are Ferrum weaknesses?
Ian Friend: Because of our low raise we dont have a big marketing budget or a budget to spend millions to list on exchanges. We need to work hard and be creative. But it has worked for us so far considering we listed on BItMax 5 days after the ICO. We also need to hire more engineers. If anyone here is a developer, we are hiring!
Q: It's believed that staking on exchanges is a hot trend. Do you have the plan to do staking on Kudi Exchange?
Ian Friend: Not on Kudi but we will have staking of FRM on UniFyre with the push of a button. Once main net is out UniFyre will enable the staking of any token even those that do not use smart contracts like BEP-2 tokens!
Q: What is the biggest problem that Ferrum team has faced? and how has your team solved it?
Ian Friend: Many challenges but one big one was the trend in crypto to raise money and list on an exhange before any product was built or there were users. We raised only after we built Kudi Exchange. I hope this trend continues and people do not fall for "vaporware" projetcs anymore
The other big one is providing a banking app to the unbanked in Africa. With Kudi you can send real money using What's App, and access US Dollar stable coins from the same app. This had never been done before Kudi.
Q: Can you share more details about the relationship between Ferrum and Gemini? What's the benefit for user under the partnership?
Ian Friend: Sure so we partnered with Gemini to become the only app in West Afica offering a US Dollar backed stable coin. This means our Nigerian users can hedge out of volatile bitcoin, and also hedge out of their own fiat currency, which has lost 50% of its value since 2013. We are now looking to partner with other stable coin providers to offer alternatives to GUSD.
Q: What is your inflation and deflation in Tokenomics?
Ian Friend: All investor tokens are unlocked after 3 months so after that you dont have to worry about "dumping". The rest are locked up over the course of years and only slowly released. One unique thing we are doing is called the Traction Based Reserve wher tokens are unlcoked only based on the amount of burned tokens.
Q: I heard a lot people said: DEX is the future so Centralized exchange will dead. so why Ferrum don't develop DEX only?
Ian Friend: I agree in the long term DEXes are the future. But we will still need CEXs as fiat onramps/offramps. These fiat gateways are stil regulated by the financial rules, and therefore cannot be fully decentralized. At Ferrum, we have fiat gateways to buy crypto with fiat, but then you enter into a decentralized non-custodial ecosystem which has inherent benefits in terms of costs, privacy, speeds, and global reach.
Ian Friend: Thank you all for attending! Please join our channel for all things Ferrum:
submitted by freekemans to FerrumNetwork [link] [comments]

Kudi Exchange offering access to Bitcoin to the unbanked in the African region. 🔥🔥

Kudi Exchange is a fiat to Crypto Gateway in the African Region (not exclusively). Particularly Nigeria, giving access to the unbanked the ability to buy Bitcoin. This access reaches well over 200 million Nigerians.
Kudi is powered by Ferrum Network, a DAG which has successfully launched Kudi Exchange on their network and has boarded real users that are using the Kudi app as we speaks. The user base is growing each by approximately 20 %. Ferrum Network is creating hype in the space as well as Kudi exchange. So much so , that Kudi was featured on BBC. One of the largest international media outlets. Below is a short video. I’d highly recommend to check it out. What are you thoughts on Kudi?
submitted by tentbobert to btc [link] [comments]

Trolling Scammers in Telegram

I had some fun trolling this particular scammer, and figured I'd share.
This one really took quite a long time to figure out that I was stringing him along. I figured he'd have clued in way before he did.
I think he finally clued in at the bit about a Nigerian prince, which wasn't even the most ridiculous thing in there.
Ryan Smyth, [26.03.18 16:10] Hello. I need proof that you are who you say you are. First is your youtube channel link.
DataDash, [26.03.18 16:12] DataDash:
DataDash, [26.03.18 16:12] What's your official email
Ryan Smyth, [26.03.18 16:12]
DataDash, [26.03.18 16:13] Okay
Ryan Smyth, [26.03.18 16:13] Waiting for email confirmation.
DataDash, [26.03.18 16:14] Please check your email ryan😊
Ryan Smyth, [26.03.18 16:17] ok. So what's the deal?
DataDash, [26.03.18 16:19] I want to help boost your ICO on my YouTube channel Hence you have more members and investors in little or no time This is a series of campaigns That will be of great help to your ICO
Ryan Smyth, [26.03.18 16:19] A series? Sounds wonderful.
Ryan Smyth, [26.03.18 16:20] How many episodes?
Ryan Smyth, [26.03.18 16:21] We'd better hurry. Our ICO will be over. Need to get lots of promos done like really soon.
DataDash, [26.03.18 16:21] Depends on how much of it you want
Ryan Smyth, [26.03.18 16:21] No time to waste!
Ryan Smyth, [26.03.18 16:21] How about all of it?
Ryan Smyth, [26.03.18 16:22] We can just hire you on and then you do videos for us full time.
DataDash, [26.03.18 16:23] That won't be a problem
DataDash, [26.03.18 16:23] What is your budget for media
Ryan Smyth, [26.03.18 16:23] Budget is no worry at all.
Ryan Smyth, [26.03.18 16:24] How does $20,000 a month sound?
Ryan Smyth, [26.03.18 16:24] You can start producing them right now.
DataDash, [26.03.18 16:24] To want me to help review your ICO on my YouTube channel
Ryan Smyth, [26.03.18 16:24] Yes.
DataDash, [26.03.18 16:25] [In reply to Ryan Smyth] Datadash is a company on it own
DataDash, [26.03.18 16:25] Okay
Ryan Smyth, [26.03.18 16:25] Ok, how much to buy your company?
Ryan Smyth, [26.03.18 16:25] Let's say $1,25 per subscriber, and that's about $351,000 or so.
DataDash, [26.03.18 16:26] Unfortunately can't be bought
Ryan Smyth, [26.03.18 16:26] How much then? $5 per subscriber?
DataDash, [26.03.18 16:26] But I can always work as part of the team of anytime you want need my services
Ryan Smyth, [26.03.18 16:26] Ok, so how much for 5 videos?
DataDash, [26.03.18 16:26] I accept payment a percentage of the charged fee
DataDash, [26.03.18 16:26] Upfront .. so I can begin work
DataDash, [26.03.18 16:27] For 5 series of video. That cost 25000$ worth in BTC/ETH
Ryan Smyth, [26.03.18 16:27] Well, if we're buying 5 videos, we'd like to see a sample first.
Ryan Smyth, [26.03.18 16:27] You could always take the video down, right?
DataDash, [26.03.18 16:28] No but then you should know I use money to do those video , so at least a % percentage of the charged fee should be made upfront
Ryan Smyth, [26.03.18 16:28] My grandmother is really sick, and I need this ICO to work or I won't be able to pay for the doctor's bills.
Ryan Smyth, [26.03.18 16:29] My mom & dad died, so there's only me to help ol' granny.
Ryan Smyth, [26.03.18 16:29] Can you give me a break this time?
Ryan Smyth, [26.03.18 16:30] I can't even afford a new wheelchair for myself since the car accident. It's all in the ICO.
Ryan Smyth, [26.03.18 16:30] What's your bottom price?
DataDash, [26.03.18 16:31] I have charged 25000$ What is the amount you can afford for the 5 series of video
Ryan Smyth, [26.03.18 16:31] Ok, how about 1 at a time. $5k each.
Ryan Smyth, [26.03.18 16:32] Can you give me a discount for the first one?
DataDash, [26.03.18 16:32] Okay
DataDash, [26.03.18 16:32] 4500$ fair enough?
Ryan Smyth, [26.03.18 16:33] Hm. Ok. Can I pay half up front, and then the other half when you're done? YOu can send me the video before you upload it.
DataDash, [26.03.18 16:34] Pay 3000 upfront
DataDash, [26.03.18 16:34] And yes you will see the video before I upload
Ryan Smyth, [26.03.18 16:34] Ok. 3000 upfront. Do you take $DOGE?
DataDash, [26.03.18 16:35] No
DataDash, [26.03.18 16:35] I accept in BTC or ETH
Ryan Smyth, [26.03.18 16:35] It'll take me some time as most of our fund are in $DOGE. Let me check what else we have... 1 minute....
DataDash, [26.03.18 16:35] [In reply to Ryan Smyth] I'm sorry to hear this My sincere prayer. You're a rich man You could get yourself a wheelchair
Ryan Smyth, [26.03.18 16:36] It's in the ICO. No money left. I'm eating ramen every meal.
DataDash, [26.03.18 16:36] Omh
DataDash, [26.03.18 16:36] Omg
DataDash, [26.03.18 16:36] Do you have cofounfers
DataDash, [26.03.18 16:36] Co_founders
DataDash, [26.03.18 16:37] Are you the ceo?
Ryan Smyth, [26.03.18 16:37] They're all in the same boat. It's leaking bad. Ramen every day. Every penny is in the ICO.
Ryan Smyth, [26.03.18 16:38] Oh, I have an old Feathercoin wallet. I'm sure I've got some $FTC. Will that do?
DataDash, [26.03.18 16:38] Btc or ETH
Ryan Smyth, [26.03.18 16:38] I used to be the CEO of Bitcoin. Got fired.
DataDash, [26.03.18 16:38] You will send me the white paper
Ryan Smyth, [26.03.18 16:38] Hm. Ok. I'll need to trade for those then.
Ryan Smyth, [26.03.18 16:39] It'll take a bit.
DataDash, [26.03.18 16:39] No problem
Ryan Smyth, [26.03.18 16:39] Let me check if anyone has any BCH left for marketing. Is BCH ok? We had some of that.
DataDash, [26.03.18 16:39] I will wait
Ryan Smyth, [26.03.18 16:39] Like, BCH is the real Bitcoin.
Ryan Smyth, [26.03.18 16:39] It follows Satoshi's vision, don't you think?
Ryan Smyth, [26.03.18 16:40] Probably the best coin out there right now is Ripple though. XRP is awesome. Do you have any?
DataDash, [26.03.18 16:40] Not right now
Ryan Smyth, [26.03.18 16:40] You should get some. XRP is the future.
Ryan Smyth, [26.03.18 16:41] Oh, should I trade to give you XRP?
Ryan Smyth, [26.03.18 16:41] Just looking in the exchange right now.
Ryan Smyth, [26.03.18 16:41] Lots of $DOGE there.
Ryan Smyth, [26.03.18 16:41] Should I buy XRP? or BCH. BCH is the real Bitcoin.
DataDash, [26.03.18 16:45] Send me the following 1. The whitepaper of the ICO
Ryan Smyth, [26.03.18 16:45] It's on the website.
DataDash, [26.03.18 16:45] FAQ'S
DataDash, [26.03.18 16:45] Why do you think the ico is unique
DataDash, [26.03.18 16:45] A detailed information of the ceo
Ryan Smyth, [26.03.18 16:46] Should I buy XRP or BCH for you now? I'm on the exchange.
Ryan Smyth, [26.03.18 16:46] Oh, $REDD! That's a great coin.
DataDash, [26.03.18 16:46] Give me a few minutes
DataDash, [26.03.18 16:46] What's your official website
Ryan Smyth, [26.03.18 16:46] Want me to buy that?
Ryan Smyth, [26.03.18 16:46]
DataDash, [26.03.18 16:47] I said BTC/ETH
Ryan Smyth, [26.03.18 16:47] Yeah, but XRP is better, and everyone knows BCH is the REAL Bitcoin. It follows Satoshi's vision.
Ryan Smyth, [26.03.18 16:47] You can save on transfer fees if I just buy that for you.
DataDash, [26.03.18 16:47] Okay give me a few minutes to go through the website Will get back to you in 20min max. I am not in hurry to receive money from you
Ryan Smyth, [26.03.18 16:48] Make sure to check out SpankChain. It's going to 100x guaranteed. People love porn.
Ryan Smyth, [26.03.18 16:48]
DataDash, [26.03.18 16:49] Okay
Ryan Smyth, [26.03.18 16:50] Should I buy Spankchain for you? You can save fees then.
DataDash, [26.03.18 16:52] Do you watch porn yourself
Ryan Smyth, [26.03.18 16:52] Watch it? I used to be a porn star!
DataDash, [26.03.18 16:53] How do you combine ceo job with been admin?
Ryan Smyth, [26.03.18 16:53] I know most of the top actresses.
DataDash, [26.03.18 16:53] Where are you based
Ryan Smyth, [26.03.18 16:53] Based on planet Earth. Several continents.
Ryan Smyth, [26.03.18 16:53] (No aliens are on our team. Promise.)
Ryan Smyth, [26.03.18 16:53] So, how did you like the white paper?
DataDash, [26.03.18 16:53] Which country is it based
Ryan Smyth, [26.03.18 16:54] In many countries.
Ryan Smyth, [26.03.18 16:54] The incorporation is at the bottom of the web site.
Ryan Smyth, [26.03.18 16:54] Also, I hid some secret porn in the web page. See if you can find it! It's really good stuff! It's like an Easter egg.
Ryan Smyth, [26.03.18 16:55] Just like Ready Player One - super Easter egg.
DataDash, [26.03.18 16:57] I'm looking at it
DataDash, [26.03.18 16:57] Where are you chatting me from
Ryan Smyth, [26.03.18 16:58] I'm actually just visiting Nigeria right now.
DataDash, [26.03.18 16:59] Ok
Ryan Smyth, [26.03.18 17:00] Where are you based?
DataDash, [26.03.18 17:00] America
Ryan Smyth, [26.03.18 17:01] Yeah? That's my favourite song!
Ryan Smyth, [26.03.18 17:01]
DataDash, [26.03.18 17:03] I can't see white paper in your website
DataDash, [26.03.18 17:03] Send it to me here manually
Ryan Smyth, [26.03.18 17:03]
DataDash, [26.03.18 17:03] Ok
DataDash, [26.03.18 17:04] Ceo profile
DataDash, [26.03.18 17:04] What's FAQ's
Ryan Smyth, [26.03.18 17:07] Hey. I'm about to meet a Nigerian Prince. He's giving me some money for the ICO. Can we do 10 videos instead?
DataDash, [26.03.18 17:09] Wow goof
DataDash, [26.03.18 17:09] Good
DataDash, [26.03.18 17:09] You said your on wheelchair
Ryan Smyth, [26.03.18 17:10] I can't afford them. On horrible crutches right now.
DataDash, [26.03.18 17:10] How come your meet a Nigerian prince
Ryan Smyth, [26.03.18 17:10] He sent me an email.
DataDash, [26.03.18 17:10] What the name of the prince
Ryan Smyth, [26.03.18 17:10] Momo
Ryan Smyth, [26.03.18 17:10] Well, he says that's his name to his friends.
DataDash, [26.03.18 17:11] I will get back to you
DataDash, [26.03.18 17:11] Give me a few minutes
Ryan Smyth, [26.03.18 17:11] ok
DataDash, [26.03.18 18:02] Hi
Ryan Smyth, [26.03.18 18:02] Hi!
DataDash, [26.03.18 18:02] My team has declined the offer
DataDash, [26.03.18 18:02] Thanks for your time
Ryan Smyth, [26.03.18 18:02] Really?
Ryan Smyth, [26.03.18 18:02] Good luck scamming someone else.
Ryan Smyth, [26.03.18 18:03] Hint - email addresses matter.
Ryan Smyth, [26.03.18 18:03] 😝
DataDash, [26.03.18 18:03] OK
Ryan Smyth, [26.03.18 18:03] HAHAHAHAHHAAHA!
DataDash, [26.03.18 18:04] [ 💪 Sticker ]
Ryan Smyth, [26.03.18 18:04] Had you made from the fist moment!
Ryan Smyth, [26.03.18 18:04] Che? C'mon - he's a commie snot.
Ryan Smyth, [26.03.18 18:05] But certainly more of a filthy low-life than simple scammers.
submitted by Ryan_Smyth to CryptoCurrency [link] [comments]



My Username is samox
I want to explain the concept of airdrop and how Atikucoin airdrop will empower all Nigeria.
Airdrop is free distribution of a project token to individual who partake and believe in a project. In short, airdrop is free money distribution.
It is a well-known fact that many international community has been benefiting from a project like this. Now, we are so lucky in Nigeria to have a visionary leader in Atiku Abubakar who believe that change is inevitable and he is so dynamic and responsive to recognize the huge benefit that embedded in blockchain technology.
Free Atikucoin airdrop is ongoing right now. 1Atikucoin is equivalent to $0.28 which can be converted or exchange at #100/AKT.
Presently 1000AKT is been giving away to each participant which will be equivalent to #100,000 after the airdrop distribution finish. Mind you, you can get as many coin as possible by performing certain task.
WHAT ATIKUCOIN WILL BE USE FOR. Atikucoin will be exchange for Naira at #100/AKT after the distribution.
You can use Atikucoin to pay School fee, Transport, Hospital bill, NEPA bill, payment for goods and services and so on.
You can also exchange Atikucoin with other digital currency like Bitcoin BTC, Ethereum ETH and of course The Billion Coin TBC.
HOW TO GET ATIKUCOIN. The first thing you need to do is to register and join the community on Facebook, Twitter and Telegram this will earn you 1300ATK instantly. 1000 ATK for register on others 100ATK for joining the community on Facebook, 100ATK for Twitter and 100ATK for Telegram.
Here we go, there is no doubt that blockchain technology has come to stay and is what the whole world describe as revolution of money and Atikucoin which is the first indigenous coin we have in Nigeria will help in solve some notable challenges face this country. Atikucoin is here to solve many problem in our community and Nigeria as whole because of the safety and transparency of blockchain technology.
Digital currency which built on blockchain network like Atikucoin (ATK) is the only sure way to tackle corruption and boost the economy
So, my brother and sister, as Atiku Abubakar is one of the Presidential candidate that has this global vision. I implore you all to go out massively to vote Atiku Abubakar as president for 2019 under People Democratic Party (PDP).
My vote is for Atiku Abubakar

Vote PDP

Vote Atiku for 2019.

submitted by samoxesther to Nigerialatest [link] [comments]



Atikucoin is an All in one blockchain based platform, that is solely developed to change the standard of living of Nigerians. #Atikucoin main target to stimulate the Nigerian economy with Blockchain technology, and accept payments using cryptocurrencies.#Atikucoin platform will create a Nigeria, that is free of poverty, corruption an decentralized power.


Atikucoin project envisions to solve all the aforementioned challenges facing the Nigerian economy today, and so many other challenges. The #Atikucoin will give Nigerians the ability to make payments using cryptocurrency. Other benefits of #Atikucoin includes;

Atikucoin will be used as a method of payment for affiliate transportation systems

Atikucoin can be exchanged for other popular cryptocurrencies such as BTC ETH LTC and others.

Atikucoin will be used as collateral at any of the Atikucoin affiliate banks.

Atikucoin will be used to pay Hospital bills, Taxes , School fess and so much more.


Atikucoin project is airdropping 1 trillion Atikucoins to Nigerians who register on #Atikucoin Website.

Each Atikucoin is valued at $0.28 ( #100). Nigerians who register on the Atikucoin website will earn 1000 #Atikucoin. However, the #Atikucoin team promises that the value of #Atikucoin will be projected at #500/1
Over the years, since cryptocurrency came into existence 10 years ago, there has been quite an increase in the number of cryptocurrency available, and there have been quite a huge number of merchants that request to pay in crypto. This is what the Atikucoin platform has put into consideration and have decided to develop a platform that gives Nigerians the ability to make payments using the #Atikucoin
Alhaji Atiku’s campaign policy document tagged ‘Get Nigeria Working Again’ was released by his Presidential Campaign Organization. He identifies the need for the creation of “a Legal Policy On Blockchain Technology And Cryptocurrencies.” Nigeria is one of the top users of cryptocurrencies in Africa, with the west African country ranking 7th out of 178 countries likely to adopt Bitcoin by the Bitcoin Market Potential Index (BMPI) by the London School of Economics.
Alhaji Atiku Abubarkar (GCON) has developed a platform where cryptocurrencies will be used as a means of payment and this will help solve the current challenges facing all Nigerians today today. Atikucoin is developed on a Hybid blockchain and smart contracts.
CONCLUSION Atiku, revealed through his policy document that he aims to speed up the economy positively through the blockchain. He revealed that to build the economy, he would build a knowledge-based economy powered By ICT. He stated, “My mission is to ensure that Nigeria’s economy is responsive to the challenges of the 21st centuryknowledge economy by keeping with the amazingly dynamic technological pace.” Atiku, stressed the importance of implementing this technology in Schools at early stage till the level of adult education in other to enhance proper assimilation by the students.

VoteAtiku #VotePeace #Blockchain #VoteProsperity #VoteThe Future #Atikucoin

submitted by Nnamaduatubu to u/Nnamaduatubu [link] [comments]



As the first 20years of the 21st Century is going to an end. The world is experience a major turn around which we call "Revolution of Money" as we all know that change is inevitable.
It is a great news that Nigeria is about to get it right in the Crypto community, thanks to a visionary leader in Alhaji Atiku Abubakar the presidential candidate under People Democratic Party (PDP).
WHAT IS AIRDROP? Airdrop is the free distribution of project token to individual that believe or support a project.
Now Atikucoin airdrop is been distributed for all Nigeria, you can get 1000Atikucoin for free. 1000Atikucoin is equivalent #100,000 in Nigeria currency that is 1Atikucoin is #100 in Naira and 28cent in Dollar.
PROBLEM SOLVE BY DIGITAL CURRENCY Atikucoin is a digital currency and the problem solve are crucial to the growth and development of our dear country because of the transparency, safety, easy transaction, no issue of third party and more.
REWARD 1).1000Atikucoin for registration.
2.) 300Atikucoin-3000Atikucoin for join Atikucoin Social c Community like Facebook, Twitter and Telegram (Very important)
3.) 2,000Atikucoin - 10,000Atikucoin for task perform.
1.) It will be use in ATIKU STORE nationwide.
2.) It can exchange with Bitcoin BTC, Ethereum ETH, The Billion Coin TBC and other Crypto Currency.
3.) It will be use to pay school fee, water bill, NEPA bill, transport fee, hospital bill, purchase of goods and services etc
MOST IMPORTANT Let's vote Alhaji Atiku Abubakar as our president for this general election to actualize and deliver a new Nigeria.

Vote PDP

Vote Atiku for 2019

submitted by samoxesther to NigeriaNews [link] [comments]

Top 10 Exchanges to Buy Bitcoin in Nigeria at the Best Price (2020 Update) Why Nigerians should buy Bitcoin and Not Naira How to invest in bitcoin cryptocurrency in Nigeria how to sell your bitcoin for cash in Nigeria Remitano Nigeria: The Easiest Platform to buy Bitcoin in Nigeria.

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Top 10 Exchanges to Buy Bitcoin in Nigeria at the Best Price (2020 Update)

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