Blockchain startups appear regularly and most of them try to make themselves known through ICOs. Nonetheless, ICO specialists know that investors have become more exacting, and it is more difficult mpw for startups to win their attention. Consequently, the ICO promotion and all related topics are developing faster than ever. What methods of ICO promotion are popular today? Will they work in the future? Let’s check it out and learn how to launch an ICO and promote it effectively! (more…)
With all the talk about buying, selling, trading and mining cryptocurrencies, along with the accompanying regulatory hoopla, isn’t it time to just kick back and earn Bitcoin? Let’s talk about ways to bring in some free BTC, passively or actively. We’ll show you 5 ways to earn bitcoin and other cryptocurrencies. (more…)
- Vyacheslav Khmelkov
- 27 Apr 18
- Comments Off on ICO Regulation: Possible Solutions and Consequences
The ICO regulation climate causes confusion amongst participants of the entire cryptomarket. Some are unhappy with the intervention of legislative bodies, from which blockchain technologies have tried to fence themselves off. Others consider attempts at ICO control as a step towards recognizing cryptocurrencies. In any case, the consequences concern all those involved in the regulation process. Let’s try to understand the goals and means of regulators and the possible implications of their work. (more…)
- Vyacheslav Khmelkov
- 23 Apr 18
- Comments Off on What are the REAL Consequences of Russia’s Telegram Ban?
Telegram is the fastest and safest messenger. This project of well-known Russian developer Pavel Durov will soon be blocked in Russia, Durov’s native country. How will Telegram ban affect the sensational Telegram ICO and the success of the messenger as a whole?
The lawsuits between Telegram and the Russian authorities have been going on for more than a year. A few days ago they came to their logical conclusion. On August 30, 2017, Pavel Durov refused to provide personal information of users to the Federal Security Service (FSS) arguing that “Privacy is not for sale, and human rights should not be compromised out of fear or greed.” The FSS sued and won the court case. Pavel Durov was forced to pay 800 thousand rubles fine (about 13 thousand dollars).
On March 20, 2018, Federal Service for Russian Supervision of Communications, Information Technology and Mass Media (or simpler Roskomnadzor) warned Durov that if he did not agree to cooperate with the authorities, his messenger would be banned across Russia. Durov, in his characteristic manner, ignored this warning. Roskomnadzor appealed to the court, which decided to ban the messenger immediately.
However, back in 2017, Durov foresaw a possible Telegram ban by authorities. He added the ability to switch the proxy into the messenger, and even now Russian users can bypass the ban just in two clicks. Telegram regularly sends users proxy updates, which makes the ban simply useless.
Pavel Durov is also the creator of Vkontakte (now VK), the most popular social network in Europe. In 2014, the Russian authorities demanded from Vkontakte personal data of users who organized the protests of 2014 in Ukraine. Aldeady then, Durov refused to cooperate with the authorities. Being under pressure from the authorities, the board of directors of the social media decided to dismiss Pavel Durov from his CEO position. After his dismissal from Vkontakte, Durov began to develop Telegram.
What are the Implications for the Telegram ICO?
Telegram’s ICO is still at the fundraising stage, and crypto-enthusiasts are wondering how the Telegram ban will affect the success of the ICO. So, the whole situation with the ban can actually cause a favorable outcome for both ICO and Pavel Durov in particular. Theoretically, Durov could lose 15 million Russian users, but at the same time he will gain fame and reputation as a person who never will cooperate with the authorities even under the threat of ban, defending the right of users to confidentiality. Now all the world’s media are teeming with news about the Telegram ban and its reasons, which attracts more and more attention from investors and increases Durov’s reputation.
The Telegram ban in Russia may be the primary source for a powerful ICO advertising campaign and Pavel Durov already benefits from this. In fact, we are witnessing two very important events. First, one of the largest advertising campaigns of a digital product. Secondly, the struggle between the power authorities and human rights activists.
Telegram Ban: What’s Next?
Roskomnadzor asked App Store and Google Play to remove the Telegram app from the list of applications available for download in Russia. If both services satisfy the request, it will be very bad. New potential users will not be able to find the messenger and download it.
The Russian authorities did the same when they banned Linkedin. The mobile app is not available for downloading from App Store and Google Play. The website is not available as well.
All this is incredibly sad. But the Telegram ban will definitely bring significant benefits for the ICO and the further development of the messenger. We predict that in about a week, Pavel Durov will raise another round of investment on his TON token.
What is your opinion about this? Feel free to express your thoughts in the comments below!
- Vyacheslav Khmelkov
- 12 Apr 18
- Comments Off on What are Atomic Swaps and How Do They Work?
The blockchain world does not cease to amaze us with its constant stream of technological innovations, which somehow simplify and improve the functionality of the entire industry. Today we get into the nitty gritty of one such innovation, called Atomic Swaps. (more…)