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Sony $SNE Details #Blockchain Use for Education Data #Blockstation $ $ $ $

Posted by AGORACOM-JC at 11:22 AM on Monday, December 4th, 2017
Dec 4, 2017 at 07:30 UTC
  • New patent filing from Sony highlights how the Japanese tech conglomerate may be using blockchain as part of an education platform.
  • In August, Sony announced that it was working with IBM to build a suite of educational services, which would use the tech in part to secure student records and form part of a system for sharing that data between agreed-upon parties.

The application from Sony, published last week by the U.S. Patent and Trademark Office (USPTO), points to how that might work in practice.

For example, “nodes” on the education network could be run by teachers, students or other parties that might need access to those records. It refers to how “educational experiences” would be cemented on the chain after being signed by the relevant users.

As the application explains:

“In this example, the [blockchain], which is a trust chain, may be used to store information such as education experiences, certificates and so on of a user. The information contains, for example, studying which courses and possessing which certificates. In addition, based on concepts of a smart contract and a smart property, knowledge may also be exchanged, transacted and transferred via the block chain as a property.”

The filing, entitled “Electronic Apparatus, Method for Electronic Apparatus and Information Processing System,” hints at other possible uses for the tech as well, including for connecting vehicles across a common network.

That “Internet of Vehicle” network would, as envisioned, enable cars to report road conditions to one another, according to the application’s authors.

“By applying the electronic apparatus of the present disclosure to a vehicle (i.e., a node), trust can be transferred between uncorrelated entities using the [blockchain] technology, and real and valid real-time road conditions information is obtained in real-time according to the consensus,” they wrote. “In this way, decentralized real-time road conditions observation and further a navigation system may be realized.”

Sony image via Vytautas Kielaitis / Shutterstock


5 reasons why you should learn more about #Blockchain #Blockstation $ $ $ $

Posted by AGORACOM-JC at 12:35 PM on Tuesday, November 28th, 2017
  • Universal infrastructure once and for all
  • Futuristic Know-How
  • Complete Disruption in Chain
  • Blockchanization of Industries

Amirsan Roberto

28 November 2017

If you are one of those who, like myself, are working their way into the #blockchain industry for the first time, or are uncertain about whether to believe in the phenomenon or not, trust me: you aren`t alone. However, the reasons to be motivated about it are all about us. If we think back to the birth of Bitcoin in 2009, we might even compare it to the inception of the World Wide Web, developed with the help of Tim Berners-Lee around 1990.

Presently we are only in about year eight of adoption of blockchain technology, which is roughly equivalent to the web in 1998. We recall those hectic times in the DotCom era, during which rapid growth led to a bubble and wiped out a swathe of companies while making way for the success of companies like Amazon, Yahoo and Google, all of which have changed our global (digital) economy and society in previously unimaginable ways.

Can we think of blockchain and the multiplying variety of cryptocurrencies in the same way? Do cryptocurrency tokens have any potential? I would argue yes, knowing the fact that we have before us.

The more I learn, the more fascination I havefor this idea of blockchain computing. Based on my recent findings I would like to share some of thoughts. First of these reflections should be an expression of gratitude for those who are doing the stuff that is disrupting such powerful industries and pushing the human race forward.

Blockchain was developed as the nerve system of Bitcoin in the wake of the financial cataclysm of 2008. At its heart is a rebellious disdain for central authoritative control, offering instead a decentralized network of self-compliance and regulation. But the servant has become the master, offering business benefits not envisaged during its conception. In fact, it’s nothing short of a game changer for those who can master it.

But wait: What the hell is blockchain?

There are two major blockchains that we can say without hesitation are of global importance: the Bitcoin Blockchain and the Etherium Blockchain.

  1. A) Bitcoin is digital money. The Bitcoin blockchain stores and processes all past transactions since the start of its network. This ensures easy accounting and transfer of value (i.e. money).
  2. B) The Ethereum blockchain, apart from handling accounts and transactions, also stores programming logic.

Ethereum is different from Bitcoin because with Ethereum you can not only transfer money (i.e. Ether), you can execute smart contracts.

There are a lot of real-world scenarios where we trust third parties or escrow agents to enforce a transaction. In this way, they all earn their cut. With Ethereum, such parties will become useless as the technology matures and permits more activity to be processed in its revolutionary way.

So what are the five best reasons that indicate one should invest time in learning about the blockchain with a view to becoming a user, investor or developer? Here are my picks:

  1. Universal infrastructure once and for all

More than a single solution/ technology/infrastructure, blockchain and DLT (Distributed Ledger Technology) technologies essentially connect together to form a new type of market infrastructure that sits on top of – and integrates into – existing systems and processes. And in doing so, they are quickly and quietly changing the way firms, regulators, investors, and managers communicate and share data.

  1. Futuristic Know-How

Blockchain investments may not be paying massive returns yet, but they are allowing some firms to create the right platform for future growth. The adoption of Blockchain and DLT is unlocking unprecedented business flexibility, improved efficiency and new capabilities that could be leveraged to rapidly respond to changing market dynamics and competition in the future. For example: Venture capital firm Mangrove Capital Partners has recently stated that if you had blindly invested into all ICOs, including all those that failed, you’d have a 1320% return.

  1. Complete Disruption in Chain

Blockchain will add significant value – improving confidence between parties, reducing friction in the value chain and speeding up complicated inter-party processes. But it will also mean the disintermediation (or, more likely a refocusing) of certain players in the value chain. Players should be sizing up their future position and managers should be reassessing their value chains.

  1. Blockchanization of Industries

Clearly, it will take many years – maybe decades – for Blockchain and DLT to become the dominant technology in the asset management space. But we expect to see many players (particularly in the mid- to large-sized funds) start to shift processes and transactions towards Blockchain and DLT platforms over the coming year, thereby creating the scale to drive ubiquity.

  1. November 29-30th Blockshow Asia, Singapore

Two hundred million dollars were raised by startups from BlockShow Europe 2017. Guess how much can be raised in Singapore given the weight advantage of Asia over the EU?

The show will feature over 1000+ attendees, 50+ handpicked speakers (making it a heaven for networking and learning), 40+ exhibitors and media will all be there for you to make the best use of your time and immerse yourself in the blockchain.

BlockShow Asia 2017, powered by CoinTelegraph, is a unique opportunity to meet those who are altering the financial and technological fabric of our world. In this most appropriate of contexts Genaro will be proud to present its revolutionary plans for #Decentralized Storage.

For those that are interested in understanding how blockchain is disrupting over 30+ industries, here are great pieces for you to look at: part-1, Part-2Part-3

There is one more thing-I was really excited to learn that there’s a documentary movie coming that ought to help all us newbies dive deeper into the blockchain space and discover the ideas behind the paradigm shift.

Crypto Rush is a documentary by author and director Liliana Pertenava which will tell the story of the rise of cryptocurrencies such as #Bitcoin and #Etherium while also looking into some of the more intricate parts of the blockchain and the community around it.

The documentary has the potential to be a hit on two fronts when it comes to audience appeal – those who have an interest in the world of cryptocurrency but have a hard time understanding it, and those who have an interest in meeting some of the big players that are getting rich by investing in the new tech. Filming will take place all over the world including countries like Switzerland, USA, Germany and will end in Singapore, which has become one of the leading blockchain hubs.

Those in blockchain welcome to reach out to director, indeed, exciting project…

(Disclaimer: The views and opinions expressed in this article are those of the author and do not necessarily reflect the views of YourStory.)


In Israel, a #blockchain and #crypto #hyper-cluster is just getting started $ #Blockstation

Posted by AGORACOM-JC at 1:30 PM on Friday, November 24th, 2017

  • Moshe Hogeg announced he would invest in every Israeli blockchain that approached him. That investor group, called Alignment,
  • Consisted of the Singulariteam Technology Group, together with CoinTree Capital, and BlockchainIL

In recent times, it’s Eastern Europe and Russia which have become a hot-bed of crytpocurrency development. But on a recent trip to Tel Aviv, Israel, I took part in what might well turn out to be a historic lunch.

The lunch took place just after well-known tech investor Moshe Hogeg announced he would invest in every Israeli blockchain that approached him. That investor group, called Alignment, consisted of the Singulariteam Technology Group, together with CoinTree Capital, and BlockchainIL.

Held at Alignment’s new blockchain Hub in Tel Aviv, we got to hear from an array of new companies.

Dubbed by many as “Startup Nation”, Tel Aviv has begun to produce a new breed of tech giants, but it’s now turning its hand to blockchain and crypto companies. In recent months, my mailbox has become inundated with pitches from companies claiming to be the next blockchain phenomenon, with plans to revolutionize the finance world, healthcare landscape, travel industry, you name it. The problem is, which one, if any, can deliver? However, after getting deep into the subject with the companies I met, I realized many were at least ‘on to something’. Whether they would survive or not…

Here’s a run-down of who I met with:


The idea of a blockchain network that works for the average person still seems far off. But Erachain wants to address that. Russian programmer Dmitrii Ermolaev, co-founder and CEO has grown it from a small operation to a distributed organization. Erachain is a decentralized blockchain platform that has incorporated European and World-Wide AML laws, potentially eliminating the need for traditional banks. It ties all coins with physical assets, reduces the cost of normal crypto transactions, and claims to eliminate anonymous transactions by verifying all users upon registration.

It’s been 4 years in development and is all about creating a Proof of Stake system where verified accounts are used as nodes. The use cases are enterprise and government, where using these technologies is often a huge barrier to entry. Right now it’s about document management and digital signatures.

In the future, most applications of large-scale are going to require some kind of verification platform.

Zen Protocol

This team has been involved in the Bitcoin space since 2011. After the DAO hack, founder Adam Perlow wanted to focus on making Bitcoin better, more usable and useful. He has spent the last year creating Zen Protocol, leveraging the blockchain technology and the popularity of Bitcoin to try to decentralize the financial system by building a new protocol purpose-built for finance. Zen’s pitch is that it allows anyone to create financial transactions, at any time, anywhere in the world using Bitcoin. Zen is designed to be open, frictionless, transparent, and completely decentralized across a Proof-of-Work Blockchain. Zen Core is implemented in the .Net stack and uses the F* functional programming language, built by Microsoft Research, to power contracts.

Perlow says: “Today it’s very hard to enforce agreements. You put funds with the exchange and enter an agreement with a broker. But on the blockchain you don’t need a trusted 3rd party. Banks have huge control and too much control over our lives.”

Zen wants to bring the entire financial world onto the blockchain, connecting digital and crypto assets with fiat stocks and commodities. “If we had a mechanism by which to enforce contractual obligations you wouldn’t need this trusted third-party,” he says.


Its global world and commerce is global but it doesn’t tap into the full potential because of trust. Trust is centralized and held by banks, Visa etc. These are centralized, high on fees and the approval rate is not good for rest of the world outside of the G10. Meanwhile, Ethereurm and ripple not designed for payments. So the solution is a system built from the ground up to be payment mechanism which is instant, zero fees, reversible, and has anti-fraud mechanisms.

Founder Nir Gazit says: “Bitcoin is not good for stuff, it’s not reversible, there’s no mediation.” So they are building a full stack, an exchange, a wallet, a credit card.

COTI aims to make the global economy truly global by providing instant, scalable, and secure transactions using the COTIcoin. COTI, which appropriately stands for Currency of the Internet, is aimed at incentivizing honest conduct between sellers and buyers by creating a ‘unique behavior scoring’ feature on the Bitcoin sidechain. Users who achieve an “honest” score, meaning those vendors who ship products on time, or buyers who pay when they’re supposed to, are rewarded. The system lets both buyers and sellers see the score of another user before he or she chooses to interact with them. COTI aims to reduce high checkout abandonment rates and eliminate uncertainty while shopping online.

There are currently over 1,000 digital currencies operating on a decentralized basis, however, none can provide the services leading centralized payment providers can. By combining a centralized mediation process and a decentralized payment process, COTI says it has created a technological solution for the consumer payments sector.


Jelurida is the development company behind Nxt and Ardor blockchain platforms. It creates customized commercial versions of these platforms while continuously supporting and maintaining the decentralized public Nxt blockchain. With the upcoming Ardor platform, Jelurida will be creating custom child chains for its clients and partners as well.

Whereas many blockchain companies are still in the fundraising stage, Nxt is fully operational and trading with a market cap of over a hundred million dollars. The company, which has in the past offered functions specifically designed for crypto developers, is turning its focus to use cases which have to do with everyday life, from introducing new voting mechanisms to offering transparent international bank transfers that consumers can enjoy. Ardor is the newest blockchain platform Jelurida has been working on, and functions as sort of a Nxt 2.0. Ardor features a unique parent-child chain structure, which helps combat blockchain bloat.

  • Investor Moshe Hogeg has created the Alignment investment vehicle to invested purely in Israeli blockchain and crypto startups.


CrowdWiz, which is a fully decentralized crypto investment platform that lets users ditch third-party fund managers, recently began its ICO on November 20th. The company has already raised over $5 million in a public pre-sale, and plans to use the money to develop their investment platform. CrowdWiz relies on the so-called ‘wisdom of the crowd’ to make funding decisions. The CEO Slavena Savcheva claims that a collective entity makes a better decision as a whole than the most intelligent person in the group alone.

CrowdWiz allows the crowd, not fund managers, banks or middlemen, to decide on how the general fund is spent. Users of CrowdWiz will use the company’s cryptocurrency, the OPX token, to vote on which asset they want funds to go to. The platform then distributes based on the majority opinion of the crowd. CrowdWiz solves some of the issues associated with traditional funds today, such as high entrance costs and large fees. Savcheva wants to make the trading process fun, easy, and completely transparent using the wisdom of the crowd to decide where the money goes.

Prior to founding CrowdWiz, Savcheva was the Business Development Manager for TRADOLOGIC, one of the world’s leading FinTech software providers, where she operated and steered the firm’s business in Asian markets.


Orbs sits under Cointree and is based on the “Spector” paper written by Hebrew university researchers. It takes the blockchain and turns it into a DAG, another database structure, so it can then process many more blocks in a second. The idea is that it puts the bottleneck at the communication layer not the not the consensus layer. Since the more forks in a blockchain the less secure and slower it become, Orbs claims to be able to process a transaction at whatever speed the network is.


Alignment came about because the VC firm Singulariteam partnered with two local Israeli firms, Blockchain IL and CoinTree Capital, to form a sort of blockchain and ICO consultancy which they dubbed “Alignment.” The company aims to groom and support the next blockchain unicorn coming out of Israel. The company consults, develops and funds Blockchain early-stage projects and existing companies, from inception through ICO, and later.

Startups will need to pay for the privilege, of course. Its listed clients to date include Bancor, messaging app Kik, and Stox. Of those, Bancor conducted a $153 million ICO, while Kik raised $98 million in its token sale earlier this year.

Since many people are skeptical of ICOs at the moment (especially in light of the Tezos controversy), Alignment supports blockchain companies, in a climate that’s at best lukewarm towards ICOs. Moshe Hogeg, VC, Founder & Chairman of the Singulariteam, pledged Alignment would “invest, without exception, in every Israeli blockchain company in 2017.”


If you’ve been following the blockchain revolution, you’ve probably heard about Bancor. This company made history when it held one of the most successful ICO’s (at the time it was a world record), raising over $153 million from over 10,000 participants in less than three hours. Bancor has created a market maker application that aims to facilitate trading with other digital coins. The Bancor protocol enables built-in price-discovery and a liquidity mechanism for tokens on smart contract blockchains. Bancor’s claims it allows anyone to create their own cryptocurrency and operate it independent of a third-party exchange. The Bancor Protocol allows for the creation of thousands of cryptocurrencies on the Ethereum blockchain, creating a interconnected asset exchange ecosystem which unlocks the long tail of user-generated tokens. Smart tokens are designed with additional functionality such as “delegated account recovery” and “vaults” to address security issues. The aim of these features is to make cryptocurrencies more accessible and to encourage mass adoption.


You may have heard the news about Stox’s ethereum based prediction market platform when Floyd Mayweather boasted he would “make a $hit t$n of money … on the ICO.”

Following Mayweather’s bullish words, Stox raised $33 million in an ICO last August. Stox claims users can predict and trade the outcome of events in almost any imaginable category: Finance, sports, politics and even the weather, as they might in a traditional stock market.

Unlike a lot of crypto companies which tailor their services to blockchain experts, the Stox platform is designed to accommodate, and be intuitive for mainstream audiences.

As you can see, Israel, and specifically Tel Aviv, is creating a huge force in this new world. If they play their cards right, they could well start to rival the co-called ‘Crypto Valley’ in Switzerland.


#Blockchain Gets a Wall Street Win: ‘We Know the Thing Works Now’ $ #Blockstation $ $ $

Posted by AGORACOM-JC at 10:27 AM on Monday, November 20th, 2017

By: Matthew Leising

November 20, 2017, 5:00 AM EST
  • Test of tracking equity swaps with blockchain deemed a success
  • Firms including Goldman Sachs, JPMorgan did a six-month trial

The program, managed by blockchain startup Axoni, kept track of the swaps contracts after they were executed, recording things like amendments or termination of the deals, stock splits and dividends, and achieved a “100 percent success rate,” Axoni said in a statement Monday. Other participants include the Canada Pension Plan Investment Board, Citigroup Inc., BNP Paribas SA and Credit Suisse Group AG.

“We’re on a path to take this forward,” Axoni Chief Executive Officer Greg Schvey said in an interview. “We know the thing works now.”

Blockchain software has captivated Wall Street because it could vastly reduce the cost of back-office operations and speed up trade clearing and settlement times. Banks have to set aside capital while they wait for transactions to be settled, so billions of dollars could be freed up for other uses if trade times go down to minutes from days or even weeks.

Axoni is far from alone in offering banks the ability to experiment with blockchain. Its competitors include Digital Asset Holdings, Symbiont, R3 and Chain.

Read More: All About Bitcoin, Blockchain and Their Crypto World

A blockchain system for equity swaps works to speed transaction times because the banks and asset managers all become members of a network that shares a so-called distributed ledger. Each member has an up-to-date copy of the ledger, so when payments need to go from one participant to another they can be processed almost in real time.

“Fewer valuation disputes, less reconciliation and real-time access to data would benefit all of the industry,” Adam Herrmann, global head of prime finance at Citigroup, said in the statement.

Smart Contracts

The program was all done in a test environment with no real trades being processed by Axoni’s AxCore blockchain software. No money changed hands either; the plan is that current systems like Fedwire or Swift will be used if the program goes live, Schvey said. He declined to say when blockchain for the equity swaps market will be done for real.

A similar test to move parts of the credit-default swap market onto a blockchain for post-trade processing uses the same system as in the equity-swaps model, Schvey said. AxCore uses smart contracts, the heart of the ethereum blockchain network, with a few tweaks.

“It looks and feels a lot like ethereum, but with a lot of differences,” such as changes to enhance scalability, privacy and security, Schvey said.


American Express $AXP Is Getting Into #Blockchain – Based Payments With #Ripple #Blockstation #ThreeD $ $ $

Posted by AGORACOM-JC at 3:34 PM on Thursday, November 16th, 2017

By Reuters

8:09 AM EST

American Express has introduced instant blockchain-based payments using Ripple, a fintech startup, for U.S. corporate customers sending funds to U.K.-based businesses that bank with Santander U.K., the companies said on Thursday.

American Express said its FX International Payments (FXIP) business had partnered with Ripple to provide real-time, trackable non-card payments from the United States to Britain. Customers are already using the service, the companies said, and it would be extended in the future.

This marks one of the first major uses of blockchain, a shared database of transactions maintained by a network of computers on the Internet that is best known as the system underpinning bitcoin.

Financial firms hope the nascent technology can reduce the cost and complexity of burdensome processes such as securities settlement and international payments, but many say widespread use of the technology is still several years away.

“American Express has a long history of integrating new technologies,” said American Express’s chief information officer Marc Gordon, in a statement. “This collaboration with Ripple and Santander represents the next step forward on our blockchain journey, evolving the way we move money around the world.”

San Francisco-based Ripple, whose main focus is blockchain-based cross-border payments, works with many big banks and is backed by firms including Standard Chartered, Accenture, and SBI Holdings.


Millennial #Esports Announces #Blockchain Advisory Board $GMBL #Blockstation

Posted by AGORACOM-JC at 2:44 PM on Monday, November 13th, 2017
  • Leading experts, including William Mougayar, will guide implementation of blockchain-based game and digital content tokens

TORONTO, ONTARIO–Nov. 13, 2017) – Millennial Esports Corp. (TSX VENTURE:GAME) today announced it has established a Blockchain Advisory Board comprised of some of the world’s leading blockchain and funding innovation experts: William Mougayar, Miko Matsumura, and David Drake. The blockchain advisory board will be tasked with guiding the design and implementation of blockchain-based game and digital content tokens as part of the company’s integrated Esports strategy.

“The combined experience of the members of our advisory board provides Millennial with unmatched expertise in blockchain technology and innovative funding methods,” said Millennial Esports CEO, Alex Igelman. “The advisors will be a valuable resource in the development and implementation of our revolutionary blockchain tokenization strategy.”

Today’s announcement revealing the members of the Blockchain Advisory Board follows the formation of a new division of Millennial Esports focused on the creation and implementation of blockchain based ‘in game and cross platform’ game and digital content tokens. The company is currently exploring various synergies in implementing blockchain-based applications and protocols to enhance the community and user experience.

“I am very excited and looking forward to working with the Millennial management team to develop blockchain tokenization strategies for their Esports ecosystem,” said new advisory board member, William Mougayar. “Millennial is uniquely positioned in the Esports content space to take advantage of the innovative features of the blockchain, as the next logical step for their evolution.”

Blockchain Advisory Board, Members

William Mougayar is a Toronto-based investor, researcher, blogger, author of The Business Blockchain (Wiley, 2016), founder of The Token Summit, and manager of WMX, a cryptocurrency index fund. He is a known authority on, and a direct participant in, the crypto-technology market, and an advisor or board member to some of the world’s leading blockchain organizations, including Ethereum, OpenBazaar, Coin Center, Steem, Stratumn, and Bloq.

Miko Matsumura founded crypto exchange Evercoin, and is a limited partner with Pantera Capital ICO Fund. As chief evangelist for the Java Language and Platform, Matsumura participated in the first wave of the Internet, and is now fully engaged in the crypto-fuelled Internet of value. Matsumura leads the Crypto Underground meet-up in San Francisco and is a speaker at the upcoming Token Fest. His keynote speeches include ICOnference NYC, Blockchain Life in St. Petersburg Russia, Global Blockchain Summit, The Future of Money Summit, and Coin Agenda in Las Vegas. Currently advising crypto-currency start-ups, as a 25-year executive in Silicon Valley, Matsumura has raised more $50 million in capital for Open Source start-ups. He holds a Master’s degree in Neuroscience from Yale University where he worked on abstract computational neural networks.

David Drake is the Chairman of LDJ Capital, a multi-family office based in New York, with real estate, energy, tech, media, and telecom investments and assets. Drake represented the US Commerce Department at the EU Commission in Brussels and Rome in 2012, was invited to the White House Champions of Change ceremony, and was a speaker at the UK Parliament in 2013. He speaks as an equity expert at top universities such as Cambridge, NYU, Cornell, and Columbia, and writes regularly for major publications such as WSJ, Forbes, Huffington Post, and Thomson Reuters. Drake is the co-author of the book Planet Entrepreneur and Crowdfunding and Other Animals and is the author of the upcoming book The Crowdfunding Economy and LIFEE: Life Instructions for Entrepreneurs and Executives.

Guided by the knowledge and experience of the Blockchain Advisory Board, Millennial Esports is working towards implementing its token generation strategy in early 2018.

Millennial Esports Corp.:

Millennial Esports provides turnkey global solutions that cover gaming technology and studios, event management, research and analytics, content production, and broadcasting.

  • is the premier operator of tournaments and building communities by and for gamers.
  • IDEAS+CARS, based out of Motorsport Valley, UK, provides industry leading knowledge and intellectual property in the burgeoning and increasingly lucrative Esports racing genre.
  • Eden Games will soon become part of Millennial Esports’ offering in motor sports and racing.
  • O’Gaming TV, based in Paris and a part of Alt Tab Productions, is an Esports video content production and events company, and a major player in live French-language esports streaming.
  • thE Arena at Neonopolis is Las Vegas’s first permanent Esports venue. The 15,000 square foot state-of-the-art facility accommodates more than 1000 people in comfort and provides technical services including facilities, expertise, and manpower for clients such as EA, Amazon, and Microsoft.
  • Stream Hatchet, operating out of Barcelona, Spain, offers complete Esports data analytics solutions. The company focuses on providing actionable intelligence in a format that is easy to understand at a glance.

Contact Information

UltraPlay introduces #Esports betting currency eGold $GMBL #Blockchain #Blockstation

Posted by AGORACOM-JC at 12:28 PM on Thursday, November 9th, 2017
  • UltraPlay has become the latest to introduce its own cryptocurrency to the esports space
  • This one, named eGold,
  • Focused on the esports betting market

Buff88, another UltraPlay creation in the form of a decentralized betting website, will be the first to integrate eGold. Built on the Ethereum blockchain, the hard cap for eGold will be 25,000 ETH. The current Ethereum value is fairly volatile, and as per the time of writing one ETH is worth around £248.00. The token sale for eGold is set to start on December 18th, 2017. Once the hard cap is reached or on February 28th, 2018, whichever comes first, the token sale will end.

Curious as to why the company decided to launch their own, and in what way it differs from the now numerous others out there, Mario Ovcharov, Chief Commercial Officer at UltraPlay told Esports Insider: “Over the years we have developed a wide range of betting solutions that help online gaming brands step into the iGaming world. Now, we want to offer another cutting-edge technology solution to the eSports community and the leading eSports gaming brands that are using our services.

“We are also strengthening our years of experience on the Blockchain technology starting two projects – eGold and Buff88. We are aiming to make eGold the first-choice cryptocurrency for eSports punters worldwide and Buff88 – a decentralized eSports betting platform. Those two disruptive solutions are going to contribute to the eSports ecosystem in general and advance the stage of online betting as we are used to experiencing it now.

“Blockchain technology has the potential to resolve many aspects of the gaming industry – enhance the player’s experience and advance the payment transactions. Besides technological aspect of things, we aim to unify the eSports community by offering an easy, quick and secure betting on the most favorite game titles. As a market leader on eSports betting with the widest coverage of competitive games right now, we are giving the diversity players love and expect from a gaming brand.”

We also asked whether the lack of regulation around esports betting and cryptocurrencies more widely is a cause for concern. We’ve seen a number emerge in recent times including UnikoinGold,, Esports Gold, Skrilla and more. UltraPlay’s Ovcharov responded: “With the advanced technology Blockchain is offering, many traditional organizations from different industries have already started integrating Blockchain in their operations. The gambling industry is no different. Providers, operators, players have already started experiencing the positive changes Blockchain is bringing to the gaming world. Many new projects that are popping up have the ambition to bring something outstanding to the traditional online gambling.

“We actually were the first online gaming provider to adopt Bitcoin in the iGaming sector a few years ago and see that there is a great interest from players and operators. Regulations, in this case, follow the path on which the industry is built and proceed to grow. The blockchain is the synonym of decentralization. That doesn’t mean it has to be related with bad practices, on the contrary. It aims to offer better opportunities and environment for the users. On the other hand, gambling is a subject of regulations so that we have integrity and prevention of unregulated practices in the sector.”

Esports Insider says: We’re currently in the midst of a huge number of esports focused ICOs being announced. We’ll withhold our judgement until we know a little more, and rest assured we’ve plans to make a far fuller and more rigorous assessment of all of the main cryptocurrencies currently targeted at the esports space.  


FEATURE: Meet The World’s First Electronic Communication Network For Digital Currencies, Annual Gross Trades: $943 BILLION #Blockstation $ $ $

Posted by AGORACOM-JC at 11:41 AM on Wednesday, November 8th, 2017

Why Blockstation

You need a stock exchange to trade stocks, but how do you trade cryptocurrencies?

  • Meet the first MARKET DELIVERY SYSTEM For BlockChain Tokens
  • Annual Gross Trades: $943 BILLION
  • Yearly Transactions Up 437%
  • Yearly volume Up 1485%

World’s First Electronic Communication Network For Digital Currencies

  • At the forefront of research, development and commercialization of an enterprise grade, direct market access platform for Blockchain Tokens like Bitcoin.
  • Technology facilitates on-line electronic trading and delivery of live streaming auditable reference quotes, allowing Blockchain Tokens to be accessed by traditional financial institutions and on-line retail trading platforms.
  • Electronic Communications Network  has been built using the methods and design principals of BATS, BRUT, Archipelago and Island

Creating a familiar gateway to the traditional financial industry we not only have enabled the inclusion of millions of participants who might not otherwise have had the ability to access modern Digital Currency markets, we have also provided incredibly new instruments and revenue streams for Clients.


#Cryptocurrency Companies See Dramatic Spikes in Share Price #ThreeD $ #Blockstation

Posted by AGORACOM-JC at 2:39 PM on Tuesday, November 7th, 2017
  • Numerous companies involved in the cryptocurrency industries have seen dramatic increases in share price following the spectacular performances of bitcoin and many other cryptocurrencies during 2017
  • Bitcoin Group’s Has Seen Its Share Price Increase by Approximately 1060% Since January This Year

Bitcoin Group was founded in 2014 and began as a mining company, however, expanded its operations after rebranding to Blockchain Global Limited in 2016. In addition to mining, the company now provides consulting and startup incubation services to companies in the blockchain and cryptocurrency sectors.

In July, Blockchain Global made a $4.35 million AUD investment into blockchain firm Digital X, including a payment of $300,000 AUD worth of bitcoin. The remaining $4.05 million AUD comprised $550,00 AUD in convertible notes and $3.8 million AUD in shares – seeing Blockchain Global own a 40 percent stake in the company. After the announcement, Digital X’s price moved by 74% at the close of trading. In 2014, DigitalX became Australia’s first listed bitcoin company following the reverse takeover of Macro Energy, however, in 2016, the original founder of Macro Energy was indicted for fraud, resulting in a significant loss in share price at the time.

Many Companies Involved in the Cryptocurrency Industries Have Seen Recent Booms in Share Price

Hive Blockchain Technologies Ltd, a Canadian company that mines Ethereum, has seen year to date gains of 4089% as of this writing. At the end of October, Hive announced a “strategic partnership” with Genesis Mining Ltd., through which Hive “will finance the construction of… mining rigs… at [a] data centre in Sweden.” The deal was expected to double “the company’s cryptocurrency mining capacity… in Sweden.” When completed, will see “approximately 78%” of “Hive’s hashpower capacity is expected to be based… in Sweden,” with the remaining 22% being located in Iceland.

In late October, an Essex-based company saw a 394% spike in its share price after announcing that it would change its name from On-line Plc to Blockchain Plc. The jump in price comprised the “biggest one-day gain for the small-cap company since its December 1996 listing,” and was fuelled by “trading volume that… [was] equal to more than 16 times the entire year’s trading before the last two days.” The dramatic rally appeared to be driven by little more than hype associated with the word ‘blockchain’, as the company “caution[ed] investors that the development of its blockchain product is still at an early stage.”


How #Cryptocurrencies And #Blockchain Are Taking #Esports $GMBL To The Next Level #Blockstation #ThreeD $

Posted by AGORACOM-JC at 9:40 AM on Tuesday, November 7th, 2017

Alexander Kokhanovskyy

Alex is the CEO/ Founder of DreamTeam, an Esports and gaming recruitment platform using blockchain to help gamers monetize their teams.

Team Method: Triforce compete with Team Grmbl at World of WarCraft at BlizzCon 2017. BlizzCon is the site of the Overwatch World Cup 2017 eSports tournament. (Joe Scarnici/Getty Images)

Revenue from eSports — or competitive video gaming — will grow to $700m in 2017, a 41.3% increase from 2016 , according to Newzoo research. The industry is forecast to reach $1.5 billion by 2020. Major investors, high-profile celebrities, big-brand sponsors and major tech companies are banking on eSports’ profitable trajectory.


Study shows the Esports market has tremendous untapped potential

Blockchain-powered solutions are the latest trend to shake up transactions and data for the entire sector. To gamers, blockchains and digital currencies are nothing new, and this attitude enables the industry to adopt new technologies faster than other industries like banking or logistics. Part of that has to do with age. According to Newzoo‘s 2017 Global Esports Market Report, electronic gaming entertains a young and marketable demographic: Millennials. More than half of eSports enthusiasts globally are aged between 21 and 35, and they are often early adopters of technology, including blockchain.


Blockchain applications across eSports

Startups are leveraging the benefits of blockchain to deploy smart contracts, fuel betting, host tournaments, and ease the purchase virtual assets, all of which help grow the eSports ecosystem. Much has been written about blockchain startups tackling eSports betting and the purchasing or trading of skins (cosmetic items), but another important application is how this technology can help amateur gamers on their pathway to going pro though both tournament and team building platforms.

Guests demo the new World of WarCraft game at BlizzCon 2017 at Anaheim California Convention Center (Joe Scarnici/Getty Images)

Tournaments are a way of life for avid eSports gamers and online gaming platforms that have embraced blockchain are seeing the pay-off. FirstBlood, an eSports platform created on the Ethereum blockchain, decentralizes tournament setup and winnings distribution. It allows players to test their skills and to bet on games without being dependent on traditional money transfers, financial regulations and middleman corruption. With FirstBlood, players can game solo or with a team in order to improve their skill through games in a competitive environment. Other blockchain companies including and EloPlay have entered the tournament space as well.

From amateur gamers to going pro 

While fostering a tournament environment can help players sharpen their skills, we believe there is an opportunity to take this one step further, by lessening the barrier of entry when it comes to building and managing teams.


Majority of top competitive game titles are team-based

There are 1.4 billion registered gamers, and most of those players are concentrated around the most competitive eSports titles that include LoL, CS:GO, Dota2 and Overwatch.  One of the most loved esports titles, League of Legends, has 250 million players players who want to build, grow and manage their teams, but there are only 100 League of Legends clubs worldwide. Let’s compare that to football, a traditional sport, with more than 300 million players globally, with around 300,000 clubs. This discrepancy of players to clubs was the catalyst for our company, DreamTeam, to develop a dynamic platform to solve this problem.

Building teams to advance 

DreamTeam takes blockchain-powered tournaments one step further by creating a recruitment and management platform for amateur, novice, and pro teams. Blockchain-based smart contracts ensure contractual financial relations for all users without participation of third parties. One function of DreamTeam is to aid the development of small tournaments and secure payments. On the DreamTeam platform, when a team that participates in a tournament gets a winning place, the prize money automatically transfers to their account according to predefined rules (the data is taken from game API’s — application program interface and oracles, or a service that verifies the data independently). All players receive their share of the prize money without issues or delay. This is just one aspect; we envision the platform developing into a multi-billion dollar ecosystem built upon media right sales, sponsorships, players salaries, and prize money.

People watch the World Championships Final of League of Legends at the National Stadium ‘Bird’s Nest’ in Beijing, the national stadium built for the 2008 Olympic Games. (STR/AFP/Getty Images)

Blockchain has the potential to revolutionize a wide variety of industries, but with eSports’ audience made up of younger, tech savvy individuals, blockchain is more easily embraced. Every corner of eSports is ripe for rethinking. Aiding amateur gamers through team building and tournaments is only the beginning.