Tasks and News

Introducing Crypto souk: Your gateway to the crypto world | Posted 9 months, 1 week ago
Hello Crowdholders,  Problem of existing market Buying, selling, holding and trading cryptocurrency is hard. We are excited about the various new decentralized exchange ideas being developed but they ofen suffer from a severe lack of liquidity and market making. In the middle east, however, we think that more actve traders and investors are looking for a higher touch, and easier to use trading partner that more matches their existng expectatons of partcipatng in financial markets. Our customers also want to know that there are local people in the region that they can reach out to who speak their language and understand their customs. Our solution CryptoSouk has launched a cryptocurrency trading platorm from ST Vincent & the Grenadines and Kuwait. The exchange shall be launched at the beginning of Q3 2018 with trading pairs supportng Bitcoin, Ethereum, Litecoin, Ripple, Dash, Zcash and Monero. The company plans to contnue to add trading support for additonal crypto assets that the company feels exceed certain diligence minimums. Our exchange also allows for account loading by cryptocurrency or fiat payments. Based on the founding teams expertse, we have chosen partners to help us deliver both the exchange platorm, liquidity on our exchange and a breadth of funding optons. For more information about Crypto souk, please read our whitepaper and visit our ICO page. What do you think about this our project? Are there any problems/alternative ideas that could happen/improve to be (in)competitive? We appreciate all your constructive opinion/suggestions/recommendations. Please make sure go through provided whitepaper before giving us feedback. Thank you so much!
Project: CryptoSouk | Rewards: 800 YUP and 1000.0 SOUK
Discussing Green Crypto Mining | Posted 3 months, 1 week ago
A frightening CO2 balance As the crypto network grows, so too does the concern around its environmental impact, and with good reason. According to a study from May 2018, the global energy demand for Bitcoin mining alone amounts to at least 2.55 gigawatts. The real problem, however, is how this electricity is generated: in fact, most of it comes from fossil fuels 🛢 and Chinese coal-fired power plants, resulting in extremely high CO2 emissions.   Improving the Grid That being said, crypto mining environmental impact is 100% attached to the “green performance” (or lack thereof) of the global energy grid. That means improvements in solar, hydro, wind and other renewable power technologies ♻ have the potential to make mining much more climate-friendly in the future.   Staking your Coins A different approach to the problem is using Proof-of-Stake types of network. A Proof-of-Stake consensus algorithm provides for mining opportunities in proportion to the amounts of tokens held by a user on the network 💰, therefore providing an environmentally-conscious alternative to the Proof-of-Work methodology popularized by Bitcoin.   Going One Step Further On the other hand, azultec already starts with the crypto-miners itself: thanks to various technologies developed in-house, our Cube can convert the electricity required for operation and thus recover up to 72% of it. This energy can then, for example, be fed into the in-house heating system or stored. This makes the Cube probably the most efficient mining computer ⚡.   👉  What is your take on the environmental effects of crypto mining? 👉 ​ Which solution do you think is the most likely to work? Let us know in the comments.  
Project: azultec | Rewards: 10000 YUP and 2000.0 AZU

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