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…)
At the end of February, Bitcoin.com published a report that triggered a violent reaction across the entire cryptocurrency world. The article stated that 46% of 902 blockchain projects that conducted tokensales in 2017 subsequently failed. Allegedly, 142 projects failed at the ICO stage. Another 276 projects suffered an unenviable fate; they either grabbed investors’ funds and did not produce the product, or simply disappeared. If this report is true, the rate of failed ICOs might scare off even the most dedicated crypto investors! (more…)
Crypto-analysts and financiers may be waiting with trepidation for the crypto industry to stabilize. How will this stability be built and what will it mean for the world economy? As always, scammers have their fingers on the pulse. While mainstreet economics go head to head with decentralized global currencies, these crypto crooks find the time is ripe for scams on all ends. To protect ourselves from this ominous trap, let’s learn all about the most pervasive cryptocurrency fraud schemes of our times. (more…)
- Vyacheslav K
- 12 Mar 18
- Comments Off on Banks and Cryptocurrency: Is a Peaceful Coexistence Possible?
We can see an acute confrontation brewing between traditional financial institutions and cryptocurrencies. The most influential world banks now emphasize the importance of blockchain technology. They remind of its capabilities but simultaneously criticize bitcoin for its volatility, anonymity, and high risks. A new battle called Bitcoin vs. Banks has already begun. (more…)
- 9 Mar 18
- Comments Off on What Happened to My ICO? Spotlight on IndaHash
Remember back in December, quite possibly the pinnacle of the ICO frenzy? The fourth quarter 2017 and a hyper-bullish Bitcoin created an exciting time to invest in ICOs and thousands of new enthusiasts joined the market. But how did they do with their ICO investments? Let’s take a look the indaHash ICO which ended in December and see how the start up and their token is holding up. (more…)
- 2 Mar 18
- Comments Off on TruDex ICO of the Week – Giftcoin
As our weekly featured ICO, Giftcoin is building the world’s first cryptocurrency for charitable giving and good causes. Their groundbreaking system is designed to revolutionize the way we make charitable contributions.
The Giftcoin ICO begins March 20th, 2018 and runs through April 19th.
Their vision is to create trust between donors and charitable organizations so that a confidence is built – when donating, you’ll know exactly where your funds are going. Donations can be followed as the charities reach their goals in helping others.
In this type of open charitable giving environment, donors may have increased confidence. This allows for more giving than ever before. Because now donors follow their money and see the progress being made in solving world problems through charity.
As the team at Giftcoin aptly put it:
“At a time in history of seemingly endless natural disasters, the refugee crises in the Middle East, and a greater divide between rich and poor than ever before, the need has never been greater for such a platform.”
Giftcoin ICO received high scores through a TruDex audit in the following areas:
- Team Strength – Giftcoin has numerous experts in the field of charitable giving and non-profits, as well as ample experience in business start-ups.
- Marketing – The project boasts a highly credentialed Head of Communications, Bridget Greenwood. Plenty of good press and organic social media outreach is evident as well.
- ICO Details – A one-year lock up for founders is in place to incentivize long-term team participation and increase investor confidence. Additionally, an escrow is set to help protect investors. The ICO itself is transparent and the desired funds are not bloated but in step with the project’s goals.
Get the full Giftcoin scoring and report by TruDex here. To find out more about ICOs, what they are trying to accomplish and how well they are doing, visit us at TruDex.io.
- 2 Mar 18
- Comments Off on Who’s Scamming Who? ICOs Face Rampant Price Gouging
Seasoned crypto heads may consider the current ICO marketplace to be a bit tame compared with a few months ago. As the rapid-fire line of bogus start ups begins to fade into the shitcoin cemeteries of the past, more established teams and projects are coming to the forefront. But now we are seeing a different kind of scam. The tables have turned and evolved scammers are migrating to ‘serve’ these new and improved ICO startups. (more…)