Frank Amato, former Executive Director for JPMorgan and Block5.io Co-Founder, Joins the Stakenet (XSN) Team

Frank Amato, Co-Founder of blockchain capital investment firm Block5, has joined the Stakenet team as an advisor in the lead up to the launch of Stakenet.io.
A former Executive Director for JPMorgan and Managing Director at Bear Sterns, Frank has an impressive career spanning over 18 years and placing him on 3 continents. He first became involved with Bitcoin in 2013, eventually buying into the US Marshals auction of Silk Road coins in early 2014. Since then, he has been successfully investing in start-ups both directly and via BlockChain Capitals Angellist syndicate.
Stakenet aims to create the world’s first truly trustless decentralized economy and intends to create a suite of effective investment tools for retail and conventional investors. With the launch of Stakenet.io imminent, Frank is joining the team at an exciting time. He will be assisting Stakenet with bringing early adopter retail investors into the project as well as advising on the building of the DEX to create an optimal trading experience.
Frank says "I am excited and honoured to join the Stakenet team as an advisor, I believe there are great things to come in the near future. They have an amazing team, incredible tech and a dedicated community". PR Director of Stakenet, Wesley Forgione, added "We are delighted to welcome Frank to the team, I strongly believe his experience in the traditional banking sector will aid in the build-out of the trustless multi-currency wallet." Stakenet.io, the front-end consumer interface, is set for release June 2018. The Stakenet blockchain is powered by its own native coin XSN and besides already implemented TPoS Feature, will develop the following key elements: Decentralized Exchange (DEX), Cross Chain Proof of Stake (CCPoS), Multi-Currency Wallet, Cold Exchanging from Hardware Wallets and XSN Hardware Wallet.
Stakenet Summary Document: https://xsncoin.io/Summary_of_Stakenet.pdf Whitepaper: https://xsncoin.io/Whitepaper_2.0.pdf Official Website: https://stakenet.io/ / https://xsncoin.io/ Twitter: https://twitter.com/XSNofficial
submitted by rcstakenet to StakeNet [link] [comments]

RightMesh AMA Answers

Thank you for your interest in our project and for submitting questions over the past week for our first AMA!
Please see below for our answers. Question thread available here. If you would like further clarification on any of the below, please join our Telegram channel to speak directly with the team.
The RightMesh Team

I like you guys the most because you're a BCORP with a great purpose, but what does your organization do better than the competition? Thank you.

Thank you for your kind words about our B Corp status, it’s something we pride ourselves on at Left and RightMesh! For those who are not familiar, Left, the parent company of RightMesh, is a certified B-Corp and has won numerous awards for community engagement and corporate culture. B Corps are for-profit companies certified by the non-profit B Lab to meet rigorous standards of social and environmental performance, accountability, and transparency. As a certified B Corp, Left is committed to doing business “right” – for the good of all. There are over 2,400 B Corps in over 50 countries, covering 130 industries. Some notable B Corps include Ben & Jerry’s, Warby Parker, Patagonia, Etsy, Plum Organics, and of course, Left!
We believe there are several differentiating factors about RightMesh, spanning from our organization to our technology. These include:

Culture & Values:

Left’s founders, Chris Jensen and John Lyotier, had a dream to create a company built on core values and an anything-is-possible attitude that can make this planet a better place. We have been recognized as the “Best Employer in BC (British Columbia, Canada)” by Small Business BC, and we are a two-time winner of the BC Tech Community Engagement Award. All employees get to participate in our “Dream Program” in which the company supports us to fulfil our personal dreams and ambitions, and we are given unlimited work hours for volunteering in our community.

Team Expertise:

The RightMesh team consists of over 100 PhDs, Scientists, Developers, Entrepreneurs, Business Strategists and other experts who have in-depth expertise in Mesh technologies, blockchain and building successful businesses.
RightMesh has offices in Vancouver, Canada and Khulna, Bangladesh. We also have project contributors and partners working from Zug, Switzerland and Los Angeles, United States.
A key differentiating factor is the fact that our team has strong experience in scaling teams which will be extremely important to the success of RightMesh in the future following our TGE.

Executive Team Overview

John Lyotier, Co-founder and CEO  
Co-Founder & CEO, RightMesh. John is one of the co-founders and is a key contributor to the global strategy, vision, and technology roadmap for RightMesh, its parent company Left, and all its subsidiary brands. John is an entrepreneur and a successful marketer with more than 20 years of experience in promoting, launching, designing, and jumpstarting new businesses and products through innovative marketing concepts. Under his leadership, the parent company, Left, has gained a national reputation as being a “Best Workplace” award winner while being the first back-to-back recipient of the BC Tech Association’s Tech Impact Award for Community Engagement, recognizing the best company in BC for balancing “Work, Life, and Play”. With RightMesh, he is focused on bringing connectivity to the next billion.
Chris Jensen, Co-founder and COO  
Chris began his career in the UK working for multinationals and banks and continued in the banking and brokerage industry upon moving to Canada. He has a strong understanding of the finance markets and has lived the pain of raising capital for early stage companies during the beginning stages of growth, from 25 to 80+ employees. He has founded several start-up companies in his career. In his role as CEO for Left and COO at RightMesh, Chris thrives on understanding the big picture and on moving the levers that drive the company forward. This includes financing, strategic partnerships, and corporate development. Chris holds a BSc (Honours) in Economics and History from Queen Mary University of London.
Dr. Jason Ernst, CTO and Chief Networking Scientist  
Jason holds a PhD in the field of Mesh Networking and Heterogeneous Wireless Networks as well as a M.Sc. on Scheduling Techniques for Wireless Mesh Networks, both from the Applied Computing faculty at the University of Guelph. An adjunct professor at the University of Guelph, Jason has more than 30 published papers on wireless networks, cognitive agents, FPGAs, and soft-computing topics and has presented his research at international conferences around the world. Jason is the only Canadian member of the ACM Future of Computing Academy and a member of their executive committee. Prior to joining Left, Jason was the CTO of Redtree Robotics, which designed robots that made use of multiple radio technologies to ensure pervasive connectivity to each other and their operators.
Dr. David Wang, Applied Research Engineering Scientist  
Dr. Zehua Wang is the Chief Micropayment Scientist at RightMesh. He received Ph.D. degree from the University of British Columbia (UBC), Vancouver, Canada. He received his master and bachelor degrees in Computer Engineering and Software Engineering, respectively. He holds a research fellow position in UBC. He has published more than 30 peer-reviewed book chapters and papers in topics of mobile ad-hoc networks, blockchain technology, the Internet of Things, and the fifth-generation wireless networks. He has expertise of using optimization and game theories to solve economic problems. He was a recipient of Four-Year-Fellowship and awarded the Graduate Support Initiative Award at UBC. In industry, he has about 10 years experiences of software development. In academia, he served as the technical program committee (TPC) Co-chair of IEEE International Workshop in Smart Multimedia and TPC members in many international conferences, including IEEE ICC, IEEE Globecom, and IEEE VTC, etc. He is a member of IEEE.
Saju Abraham, Chief Product Officer  
Saju is a seasoned professional in the realm of mobile and wireless technologies having worked with customers, partners and teams across 19 countries in organizations such as Lucent Technologies, Movius, NEC, OnMobile and Telefónica. His passion for building great products stemmed from his multifaceted experience as a software engineer, architect and product manager, and he currently thrives in bringing multiple cross-functional and cross-cultural teams together to cohesively execute the product strategy for RightMesh. His credentials include a Bachelor’s degree in Computer Science and Engineering and a Postgraduate degree in Management from the Indian Institute of Management, Bangalore.
Melissa Quinn, Corporate Development Manager  
Melissa’s passion to empower people to be their best selves is why she has immersed herself in the blockchain, cryptocurrency, and mesh technology world. Heading up Corporate Development for RightMesh, Melissa works closely with the team while constantly seeking Partners, Advisors, and other game changers who are aligned with our vision. She has a BBA from SFU, a background in HR, and a strong desire to put innovative technology at the forefront of doing business as a force for good.
Rakib Islam, Co-Founder and CTO of Left  
In his role as CTO, Rakib sets the pace for Left’s application development initiatives, including key recruitment of engineering and mobile technologists. Rakib leads Left Technologies Pty Ltd, Left’s ISO-9000 certified subsidiary in Bangladesh. An active member of BASIS (Bangladesh Association for Software and Information Services), he frequently travels abroad to present an example of the ‘new’ Bangladesh and speak about economic empowerment. Rakib’s credentials include a Master’s Degree in Computer Science and Applications from Pune University, India, as well as being a participant in the US Department of State Professional Fellows Program for Young Entrepreneurs at the University of Oklahoma.
Tracy McDonald, Director, Talent & Culture  
With over 10 years working with people to grow their potential, Tracy is passionate about creating dynamic teams that facilitate business growth and positive culture. As an early Lefty, she was instrumental in scaling up the team to over 80 people, without losing the culture that makes Left special and unique. Tracy’s coaching and development work with the Lefties has been recognized with many awards including “Best Workplace in BC” and Community Engagement Winner from the BC Tech Association. Her dedication to making Left a premier workplace, was further recognized when Left became a certified B Corporation. Tracy’s belief in the potential of people allows her to lead with compassion, integrity, and trust. She earned her Bachelor of Science from Simon Fraser University.
Dana Harvey, Chief Communications Officer  
Dana harnesses the power of words and technology to engage audiences and compel them to action. As a communications professional with 25+ years’ experience in global markets, Dana combines strong strategic skills with out-of-the-box thinking and the unique ability to craft omnichannel content that resonates and inspires. She has helped large corporations like Nortel, Motorola and IBM develop new markets, managed an international advertising agency, and guided multiple businesses to success through her own communications consultancy. Dana is also an experienced public speaker, passionate about sharing her knowledge and motivating audiences. As an advocate for the full participation of women in all communities, she is especially interested in exploring the positive social and economic impacts RightMesh will bring to women in developing nations and around the world. Dana is co-founder of the Women’s Collaborative Hub, an organization that empowers youth and women from diverse backgrounds. Her credentials include a BA (Honours) in Communications and a Post Baccalaureate Masters (Dean’s List) in Asian Management.
Alyse Killeen, Executive Strategist  
Alyse is Managing Partner of StillMark Co. and StillMark Capital, and is one of the very first traditional venture investors to participate as an investor and advisor in the blockchain and cryptocurrency ecosystems. In 2015, the UN Foundation named her a Top 70 Bay Area Digital Leader, and in 2016, Singapore University of Social Sciences (SUSS), a university under the ambit of Singapore’s national Ministry of Education, appointed Alyse as a Fintech Fellow. In 2017, International Business Times (IBT) recognized Alyse’s contribution to the development of the blockchain ecosystem by including her in the 4th position of IBT’s “VCs Powering the Blockchain Boom” List, following Tim Draper, Mark Cuban, and Naval Ravikant of AngelList and MetaStable. Alyse has presented internationally, been featured in many reputable publications, authored a book chapter in the award-winning Handbook of Digital Currency titled “The Confluence of Bitcoin and the Global Sharing Economy”, and in 2017 contributed to the next book in the series, Handbook of Blockchain, Digital Finance, and Inclusion (2017), co-authoring “Global Financial Institutions 2.0” with Dr. R. Chan of the World Bank. In her role as Executive Strategist, Alyse consults with the executive team, including on the development of the team’s network within the blockchain community and introduction to ecosystem leaders.

Our Advisors:

Our advisory team consists of advisors who believe in the long lasting success of the project. They have been carefully selected to help built RightMesh over multiple years of operation and are not involved solely for the token generation event.
Our advisors include:

Academic Research:

Academic research has been core to the design and development of RightMesh thus far, and will continue to be a key driver for us in the future. RightMesh works closely with Universities on academic research on mesh networks, blockchain technology, and payment channels. We are working on research with the University of British Columbia on density simulation and payment channel development. Since early 2017, we’ve been conducting research on mesh networks and connectivity in Arctic / remote regions with:
We've received grants from NSERC, MITACS and CIRA to support pilot programs thus far and are submitting a MITACS cluster grant to support over 100 graduate student units over the next 3-5 years. This research covers everything from how to design relevant mesh apps in the communities the mesh is operating in, to performance evaluation of the network protocols, to scalability of micropayment channels.


It is also important how the mesh is designed for scalability reasons. Most mesh networking solutions are built around a store and forward and broadcast mechanism. This mechanism is not scalable and congests the network causing complete breakdown of the network. Even a small amount of devices can quickly cause exponential traffic resulting in extremely high delay and low effective throughput for apps running on broadcast protocols. In the RightMesh network, devices directly communicate with another device, and make smart routing decisions along the way.
RightMesh implements autonomous role topology/mesh creation layer - which means devices in the RightMesh network will autonomously detect each other and connect - user intervention in the network role is minimized .

Other key tech differentiators include:

We don't broadcast data. We compute a route between devices. Our protocol was built to use multiple paths (most use a single path and have long recovery times on a broken connection). The RightMesh network protocols can failover, or use multiple paths at the same time. RightMesh doesn't require the phone to be rooted. RightMesh doesn't require extra hardware. RightMesh can share existing Wi-Fi or Cellular Data, many others can only share Cellular Data.

Partners & Affiliations:

Answer provided by the RightMesh Team

Hello, First, congratulations on the big idea! I'm definitely a supporter. (1/2) My question is how far are you into testing your mesh network?

Thank you! We’ve spent the last 1.5 years or so building the protocol stack from the ground up, and so most of the testing that has been done has been around testing the functionality of the stack - including node discovery, single-hop and multi-hop communication, multi-path routing, forming mesh networks with heterogeneous wireless links, and app integration.
And over time, we steadily have been improving our end-to-end reliable communications protocol. The protocol originally achieved somewhere on the order of a few kbps when we first started because we did e2e acks on every packet. We have since moved to sliding window and selective ack mechanism which has allowed the performance to climb closer to the Mbps range. However, we still have more work to do in order to achieve the theoretical maximums of the individual links (and even faster if combining links).
In terms of testing of the scale of a RightMesh network, we've tested with up to 10 hops on a single path, but can likely support more. Right now the largest offline mesh we've had is 30 devices, limited only by the number of devices we had available at that moment in time.
Building a performance evaluation framework is one of our next immediate and important tasks, where we can evaluate the performance of the network under various test conditions - for example how the network behaves based on density, and how does the number of hops impact the response time and data that flows through the network.

(2/2) Can I assume I'll only be able to participate if I'm in the surrounding locations? For example: Someone in Indonesia is using RightMesh to try and connect to the internet. Is there a possibility for me to help them if I live in a different country? Thank you and keep up the good work.

To be a participant in a RightMesh network, you will have to be in close vicinity with another RightMesh powered node (smartphone) in order to be connected to a network. However, it will be possible for community members to operate devices that provide a “superpeer” layer. These would be fixed nodes with stable, reliable, and ideally fast internet connections. They would provide relaying between different geographically separate meshes - for instance between two neighbourhoods that are too far apart for one mesh to cover them both. They would be required to provide tokens in order to facilitate the channels that need to be made between the buyers and sellers. This would allow them to charge a fee for having their tokens locked up in the channels.
We will also open source the superpeer, so people will be able to work off our reference superpeer implementation and build their own custom superpeers. This would let them control the strategy the superpeer uses to allocate tokens into channels. We expect to have a release of the superpeer which supports payment channels by next week. At this point in time the solution is proof-of-concept stage, but some testing has been done to support two meshes communicating with each other through a superpeer where the data seller in each mesh is compensated by buyers in each mesh.
Answers provided by Dr. Jason Ernst, CTO and Chief Networking Scientist & Saju Abraham, Chief Product Officer

What do you see as the biggest challenge with taking your technology to market and hitting your usegrowth targets?

Density is the biggest challenge of mesh technologies, and one of the reasons why token economies are required to incentivize users to share their signal when it is available.
We are looking to bring in users into the RightMesh ecosystem through the work they do in the network, and provide them economic incentives that will encourage further action. What defines work? Being a part of a relay node in the network for instance - that reduces barriers to entry. Or incentivizing users for taking actions in the app or to consume content such as ads. The more opportunities there are for users to earn, the more people that will join, the more developers that will join the ecosystem, leading to more opportunities, and the network effects loop should grow stronger.
Answer provided by Saju Abraham, Chief Product Officer & Aldrin D’souza, Product Manager

(1/3) What is the theoretical maximum mesh size?

There isn't really a theoretical limit. We don't have any hard caps on devices in our code, however locally there may be limitations from individual phones. For instance, I've seen some phones in hotspot mode which only support 6 clients connected to it. On other phones sometimes, as few as 3-4 BT connections. So there are some constraints on the topology and the maximum number of connections one device may have, but it is limited more by the devices, the chipset and Android, rather than our software. We can also get around some of these limitations still using our switching technology, however, this will have a noticeable impact on delay.

(2/3) Does the transfer rate for users slow as the mesh size increases?

This is less a function of the number of users, or devices, and more a function of the demand on the network. A network with many devices and few users actually requesting traffic may perform better than a small network where all of the users are requesting lots of traffic. There is some overhead in the protocol to maintain the connectivity of devices, however this will be minimal in impact compared to the load of traffic from all of the devices. It also depends on where the traffic is going. If it internal to the mesh it may be possible with a dense mesh that RightMesh could support high throughput internally. The bottlenecks would likely occur in cases where there is lots of traffic which requires the Internet, and there are too few people willing to sell or donate Internet data into the network. Compared to other meshes howevever because RightMesh can support multiple paths, we can split the load across all available Internet connections rather than doing something more naiive like rely only on the closest one, for example.

(3/3) How do you plan to test a large scale mesh prior to launch?

There is lots that we can do with simulation, or combining simulations with some real devices. We also have a large team in Bangladesh that can help support field tests in some very different environment that we are used to in Vancouver.
Further, we are working with researchers at UBC and Guelph so that graduate students can apply some of the latest research methods in simulation and performance evaluation to RightMesh. (I myself have a PhD that relied heavily in this area, and we have several other PhDs on the team who can provide expertise to graduate students in this area. We are also working with some other top researchers in this area who will help in ensure we are straining and breaking the network as much as possible before launch).
To be more specific, it will be a combination of stressing various components of the system one at a time, along with tests that stress all of the components at once. We are also building software that can automate various scenarios to test how the phones and the library can handle different topologies and connectivity. Before we consider it ready for launch however, we'll need some wide scale tests with real devices and real traffic. This will likely happen by working with friendly partners who believe in the benefits of what the mesh can provide in very localized applications (think a train schedule app in a crowded city for example). This will inevetiably result in parts of the protocol breaking, which will iteratively repair.
Once we are satisfied that the network as a whole can maintain stability, tokens properly account for the data being used (verified on the public testnets), and that users of these early partner apps are having a good user experience, we will deploy to the public network.
Answers provided by Dr. Jason Ernst, CTO and Chief Networking Scientist

Have you had direct interest from large enterprise clients wishing to use the mesh technology in their apps/content strategy as yet, or are you having to reach out to them to generate interest?

Yes, RightMesh has been receiving direct inquiries from major corporations and organizations every day. These companies are largely interested in reaching emerging markets and regions where connectivity is an issue, and has been inaccessible until now. Mesh technology, being so new, will enable new types of applications to emerge that have not previously been possible, so proof of concepts for both RightMesh and partners will be a key focus. We’re actively in discussion with companies who are interested in integrating RightMesh into mobile applications, dApps, IoT devices and other hardware products to develop pilot projects.
In addition to these inbound inquiries, we have an outbound strategy as well, where we’ve identified key verticals that would benefit from mesh enabled applications. In the near term, over the next year while we harden the RightMesh protocol, we plan to focus on working with partners who provide services like emergency communications, distance education, medical services, and messaging applications, to name a few.
We see the need to work with a variety of different types of partners from international NGOs to brand names in order to test various use cases (ex. emergency medical alerts or content distribution from content providers). Our partnership strategy will evolve over time as our protocol matures.
We will publish announcements as per our effective disclosure policy once anything is material.
If your organization is interested in discussing a partnership or collaboration with RightMesh, we'd love to hear from you! Please email us at [email protected].
Answer provided by Brianna MacNeil, Product Manager, Blockchain

First let me say this product is revolutionary, I know if availability is solved there is no reason not to use this. My question is regarding your choice of an erc20 token, wasn't it more suitable to choose something like IOTA for constant payment of internet access? Are you planning for the payments to be made every second per MB consumed or something like that? Thanks


Related question: How exactly to you intend to use microtransactions considering high Tx fees from the Ethereum network?

Thank you very much for your feedback!
First, for context, let’s explain why and how RightMesh is using blockchain technology. Firstly, the protocol is integrated with Ethereum to uniquely identify each node (smartphone/device) in the mesh network by assigning it a MeshID in a similar way that a MAC address is assigned an IP address. Secondly, participation in the network is incentivized through an ERC20 token, called RMESH, and the network uses a custom implementation of µRaiden to allow for micropayments of micro amounts of data in the network.
We are supporters of Ethereum and its strong development community. Scalability and reducing transaction fees are two of the biggest challenges that the Ethereum community is working on now. But, while that is happening, we have also been looking at our own protocol design to minimize the need of Ethereum transactions and tackle the problem of scalability.
Every microtransaction that occurs on a RightMesh network does not need to be secured on the blockchain - that is vastly inefficient. That’s why we’ve been relying on a payment channel design based on µRaiden that allow micro transactions to occur in the network between nodes without transaction fees, and not being dependant on the blockchain for every transaction. We think this has to be a joint community effort, and so we’ve published the work we’ve done in porting the µRaiden libraries to Java to be used in our Android libraries.
We also believe that being a part of the Ethereum community also means contributing to it and helping it to move forward.
We hope that the work we have been doing on µRaiden and porting the libraries to other languages - specifically Java so it could be used in Android applications - will benefit other projects who plan to use the Ethereum network for microtransactions: https://github.com/RightMesh/microraiden-java
Answer provided by Saju Abraham, Chief Product Officer

If Google/Alphabet succeed with Project Loon, will this damage RightMesh's market?

If Google’s Project Loon succeeds, it would be a win for everyone and the planet. The same goes for the SpaceX satellite initiatives, the OneWeb project, Facebook’s global internet initiatives, 5G networks, and the success of other mesh networking technologies in the blockchain space.
We each share the goal of bringing connectivity to the nearly 4 billion people who do not have access to internet and connectivity. At the end of the day, we, RightMesh, aim to lift millions out of poverty by providing them with access to the societal and economic benefits afforded by the internet and access to information. This is not something that can be solved by one entity. It will take the combination of different solutions and approaches to make this a reality.
One major strength of RightMesh is that we can solve last mile connectivity, which is incidentally complementary to many other projects in the space. There is a good opportunity for us to potentially collaborate with some forward-thinking wireless companies, MVNOs, and corporations working on global connectivity projects, to provide last mile delivery.
Answer provided by John Lyotier, CEO & Brianna MacNeil, Product Manager, Blockchain
submitted by BreezyZebra to RightMesh [link] [comments]

New Blockchain Project - Looking for Potential Members / Idea explained within!

(disclaimer, I checked that this post was not against the sub-reddit rules. Please forgive me and accept a satoshi as a bribe if I've contravened any our your laws. I've also posted this to /altcoin)
I know there's going to be a fair degree of skepticism about this post. I've got zero reputation and history on this sub-reddit.
But I hope you continue reading and judge the posting on it's own merits.
For what it's worth, I am going to reward your perseverance with something a little different. Instead of blowing smoke up your arses, I'm going to try and be brutally honest with you guys.
You won't hear anything about how I've come up with a new "Proof Of Stake" based decentralised blockchain with "synergy increasing" smart contracts baked in. If the idea is too complex to describe, then we can also conclude that a) it's too complex to catch on (right now) and b) too complex to execute (build). I'm not in the business of selling people fantasies.
I'm not going to lie to you about my experience, the connections I have or the investment partners we've lined up. What I can promise you is that I have a 10 year track history of developing (I'm a programmer) and launching web projects on minimal budgets. I have a great contact book but I also know how to hustle and get the attention of the right people. My reputation is based on simply getting the job done. Obviously you have no way of judging this since this is our initial introduction, so I accept the onus is on me to prove this
First of all, so that I don't waste anyone's time. Here is the idea is a 3 minute elevator pitch style.
PROJECT NAME I don't have one. I'm terrible with naming stuff. I always say it's lucky my dog already had a name when I bought her. My future children won't be so lucky.
CONCEPT Now this I do have. In a nutshell, "Coin" is a a real time investment platform. It connects entrepreneurs with a new source of finance when traditional forms (Angel/VC/Banks) fail. It consists of
(a) A front-end application which helps entrepreneurs put together business proposal / financials plans to seek funding from the platform.
(b) A web-site to facilitate exploration of the investment proposals from investors/general public
(c) A live weekly show in the form of Dragon's Den / Shark Tank - Delivered on the web in real time - Panel formed from a varying set of prominent investors and characters - 10 min speed sessions for the teams to pitch the investors for funding - Teams for pitching selected via voting from application pool by general public - Investors drop out visually during the pitch if they are not impressed. - At the end of the pitch, 1-2 mins lightning round for general public to pile in to help team match their required funding - Teams meet the objective, or go home bust.
Deals can happen on the platform outside the weekly show, but the democracy of allowing the general public to get in on the same investments as the panel is an interesting feature.
In a nutshell, we're creating a real-time version of AngelList and bolting on an entertainment programme.
WHY? Cryptocurrency is exciting. Money can be transferred instantly (globally) with minimal fees. A kid in a Tanzanian village with a mobile can trade with a Chinese man in Dahlia. Ordinary people like me and you have the potential to earn life altering sums of money. This is amazing... but it's going to take the world a while to catch up.
You and I wouldn't be subscribed to this forum if we didn't think that Bitcoin or some derivative cryptocurrency will eventually become a global currency for our world.
But it's going to take legislation, process making and debating. It's also going to take a lot of explaining to grandmother and a good ten-fifteen years before we see our vision realised. In the meantime we have our ICOs, ambitious blockchain projects with a spring in their step... rushing out to bamboozle us with their white papers.
Let's take a look at some of these projects:
Actually this is a fruitless task, we both know that the majority of the new projects ar either slightly innovating the blockchain technology, bridging each other or creating another layer of framework.
You might well imagine that the future is advertisors paying users and that OMG will definitely be a $100 coin by the end of the year... but that doesn't excuse the fact that there's very little to be excited about with real day-to-day usage of Crypto.
And here's the problem, people hold onto their coins because right now the only real exciting utility of that coin is speculating it might be worth a little more a few months down the line!
Where's the excitement and anarchy in HODLing? Where's that tantalizing hope that with a good idea, a bit of canny and a lot of hard work you can become rich?
What Coin Offers
If you are an investor. You put your money into our platform when the the market is too volatile, or you want a better return.
If you're a entreprenuer, you get a chance to get your project funded, it's a quick decision - you're not waiting for months for VCs to pull their fingers out of their collective arses. You get the chance to market your concept to a HUGE potential market of investors.
If you're a media publicity / cryptotycoon, you get instant exposure and gravitas for being part of the panel.
For the rest of us, it brings excitement and that "frontier opportunity" feel that we sometimes get with cryptocurrency. This is a brave new world!
If you want more details, I'm writing a better explanation of this concept but for obvious reasons this is as much as I'm going to divulge about the idea on a public forum!
What we need
We only need a small team to pull this off.
designer - Communicating ideas is critical and it would make a huge difference to have someone who has the flair and creativity to put together what we need. I need a designer with intelligence and creativity flowing out of every orifice - is that you?
developers - Now I don't want to intimate devs because I do have my own technical chops. But I'm not going to write every line of code in this project. I'm going to create the perfect environment for you (laptop, salary, a great team etc) and inspire you to do amazing stuff. Does that sound cool?
marketing / general project manager - I need someone with experience launching and creating ICOs. From sig campaigns, bounties to the intricate info, that only someone with months of exposure to the scene can bring to the table. Are you that guy?
submitted by zzzzz_ to altcoin [link] [comments]

Scamtoshi Warning: Corona Dapp Development Network is trying to swindle money out of your pockets

My name is Scamtoshi Nakamoto, and I have graced your presence as an angel from the future to point out and alert others of possible scams and bad actors in our community. Today, I have a good one for you.
The "Corona Dapp Development Network" have been attempting to market and hit the crypto world to advertise their new network, although to not much avail. Most of their posts just get down-voted from the beginning.
They say they are trying to accelerate the adoption of smart contracts and blockchain technologies by providing resources and guidance from industry developers to people wanting or building decentralized applications. They also state that they fund them, with anywhere between '$1,000 - $10,000'.
And yes, their network has their own token called Coronaz, in which they will be selling in a sale starting today, June 1st 2015. The sale was announced on May 26th 2015, just five days before.
Lets go through their entire project and pointing out all the very prominent red flags of a traditional scam.
Hybrid Proof of Participation is a new fundraising model in which you can participate with many different crypto coins, not only with Bitcoin. Not only that, the participant can also choose if to donate his coins or to burn them, hence "hybrid" model.
The Corona fundraiser is a donation drive for the purpose of supporting the Corona’s open-source Dapp development network. Any cryptocurrency funds donated to our project will be used primarily for funding Dapp development, both internally and externally, in addition to managing and promoting the Corona project. This would include the funding of Dapps developed by our team members, bounties for developers or freelancers who add value to the creation of said Dapps, and grants given to third party developers who are building their own Dapps which will be part of the Corona Dapp Network.
We believe that focusing on connectivity, collaboration and high quality services within the ecosystem will yield extremely positive economic results.
By default we will give priority to our internal team’s developers since we are able to ensure better oversight and project management. However, we strongly encourage 3rd party developers to apply for funding or grants. Any Dapps we fund will be required to carry the Corona network branding and attempt to best interoperate with other Dapps in the Corona ecosystem. In the event that a token will be required to use the Dapp, then it should incorporate the option to use Corona membership credits.
I'm sure there is much more. But by first initial looks of it, if it looks like a scam, smells like a scam, its probably a scam. If anybody else finds out any more information please feel free to post. I'm sick of these people trying to steal money from the under-knowledged part of this community.
Don't say I didn't warn ya!
edit: I cleaned up the post and text to make it a bit more straight to the points.
submitted by Scamtoshi to Bitcoin [link] [comments]

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Good morning all, I am submitting our Altcoin Assembly Weekly two days early because of some prior committments this coming Sunday. Enjoy! And as always, looking forward to some great discussion around this.
Our focus this week is on Blockchain Capital.
Blockchain Capital (www.blockchain.capital) (formerly Crypto Currency Partners) is a venture capital company that invests in blockchain related companies. It is headquartered in San Francisco, California. It was founded in October 2013 by Bart Stephens, Bradford Stephens and Brock Pierce. To say they invest in blockchain related companies is an understatement. They ONLY invest in ventures inside the space. As of now anyway, who knows if that may change in the future. They are one of the few VCs that do this.
Bart and Brad are brothers who have been involved in the financial sector for quite some time. Bart started his career at e-trade in the FinTech sector while his brother was a former hedge fund manager at Fidelity. They also ran one together for ten years.
Brock Pierce is someone that you may know as Chairman of the Bitcoin Foundation. All three combined bring a wealth of experience to the venture. Having a quick look at their advisory board, it reads names like Vinny Lingham, Bobby Lee and Charlie Lee among traditional financial corporate heavyweights. Entrepreneur and self titled Disruptepreneur, Jeremy Gardner resides at Blockchain Capital as well. He is an Augur co-founder.
They are currently invested in 40+ companies and have a proven record of exits as well. See below this post for their current holdings and past acquisitions which are publicly available.
Another part of their business is money management, usually for family offices, high net worth individuals including 25 Bitcoin CEOS.
The aim of Blockchain Capital is to invest in early stage fundraising, meaning they will meet with teams that may only have a small group of devs and a PowerPoint presentation. That’s a great position to be in since this is where the most money can be made if prospects can pass their criteria. Primarily, they want to see strong engineering teams with a proven track record of success. The opportunities need to lie in places where there is a large total available market, have an engineering advantage or a new business model that sits overtop free to use hardware/software models. Go big or go home right? Investing in A, B or C round is something they don’t ignore either.
Their ICO has happened already (April 10 to May 17, 2016) and it was successful. Their ticker is BCAP, an Ethereum based smart contract token. They raised $10MM in 6 hours, self-proclaiming they were oversold. This is 20% of the total funds they are raising. The rest will come through traditional channels and will not have a token. Though their token supply is also 10MM, valuing each $1.00. As of this (Sunday, June 4, 2017, the value of BCAP is currently $1.73.
The token represents an indirect fractional non-voting economic interest in Blockchain Capital. The sales were only available to accredited investors. Interested parties had to submit documentation to confirm their identity and net worth/income. A complete turnaround from how ICOs are usually currently conducted. They could be setting the way for how future sales happen. Keep in mind this isn’t a completely new concept. From what I know, they have been in touch with the Federal Reserve on how to structure this so I feel it wasn't done blindly or without guidance.
What they did here was disrupt the very industry they work in. And why wouldn’t they try to? It makes perfect sense. Why wait for someone else to do it? Your local cab company didn’t start Uber. Netflix isn't owned by Blockbuster. Look where those two are now. One is struggling to catch up and the other is defunct. This is a perfect example of a firm who sees blockchain technology as both a threat and an opportunity.
The funds raised from their ICO will be split 50/50. Half will be for new ventures. The remaining for follow-up investments.
Their token grants holders a portion of the profits earned by their investment fund. They wish to spread $500,000 per investment which means 20 deals at that rate. Blockchain Capital will take a 2.5% management fee from that plus a 25% performance fee calculated on the returns. The remainder of the profits will be distributed to the token holders.
Further, a token buyback provision will also enable them to purchase tokens on the open market. This would be in the event that their market value tumbles below their net asset value.
I’m curious to hear your thoughts on this. As mentioned, this isn't an ICO we're used to seeing although this isn't the first of its kind. I do not own any BCAP and I’m hoping u/laughncow can add something here given that he met and spoke with Brock Pierce at his party in NYC during Consensus 2017.
Portfolio includes: o Coinbase – (https://www.coinbase.com) o ABRA - (https://www.goabra.com/) o AlphaPoint -(https://alphapoint.com/) o Bitaccess - (https://www.bitaccess.co/) o BitFury - (http://www.bitfury.org/) o BitGo - (https://www.bitgo.com/) o Blade - (http://www.bladepayments.com/) o BitPesa - (https://www.bitpesa.co/) o BLOCKCYPHER -(http://www.blockcypher.com/) o Blockstream - (http://www.blockstream.com/) o BTCC - (https://www.btcchina.com/) o Chain - (https://chain.com/) o Civic - (https://www.civic.com/) o ETHCORE - (https://parity.io/) - Led by Gavin Wood, with Fenbushi who VB is a partner in o Expresscoin - (https://www.expresscoin.com/) o Gem - (https://gem.co/) o Go - (https://www.gocoin.com/) o itBit - (https://www.itbit.com/) o Kraken - (https://www.kraken.com/) o LedgerX - (https://ledgerx.com/) o Noble - (http://noblex.io/) o PEERNOVA - (http://peernova.com/) o Ripple - (https://ripple.com/) o SFOX - (https://www.sfox.com/) o SNAPCARD – (https://www.snapcard.io/) o Stampery - (https://stampery.com/) o Stem - (http://stem.is/) o String - (http://string.technology/) o TIERION - (https://tierion.com/) o WAVE - (www.wavebl.com/) o Xapo - (https://xapo.com/es/) o zenbox o zipzap - (http://zipzapinc.com/) o ShapeShift - (https://shapeshift.io/) o Ox - (https://0xproject.com/)
Exits include: o Authy – Acquired by Twilio o Bex.io - Acquired by Klinch o Bitnet - Acquired by Rakuten o ChangeTip - Acquired by Airbnb o Coinsetter - Acquired by Kraken
Side note: Had you not participated in the ICO for whatever reason, they also have an AngelList network that allows smaller investors to get in on their deals with as little as $1K. I think this is smart on their part to extend and flex their financial reach. You can visit their page here, (https://angel.co/blockchain-capital)
Edit: Formatting
submitted by 053179 to ethtraderpro [link] [comments]

'The Farm Project': Actress Zooey Deschanel's advice on organic food, pesticides is short on science

The actress and singer Zooey Deschanel has a message for Americans too poor to buy organic food: Stop eating apples, avoid fresh tomatoes, and give up on grapes, peppers, potatoes, and other items that appear among the so-called “Dirty Dozen,” a list of fruits and vegetables that, when farmed and harvested using standard industrial methods, tend to carry more pesticide residues.
“If you can’t afford to buy organic, avoid the dirty dozen and look for produce with lower pesticide levels, like asparagus, cauliflower, or mangoes,” Deschanel advises viewers of her new, viral Facebook video series, Your Food’s Roots.
The problem: While this appears to be a piece of safety advice, it’s hard to find any scientific support to back it up. And it’s not the only questionable claim that Deschanel shares in the series, which debuted two months ago on Facebook and quickly attracted millions of viewers. The videos do touch on serious issues, but they also illustrate how sloppy science, celebrity culture, and social media virality too often converge to generate market-driven fear-mongering and baseless health claims, rather than serious consumer education.
It’s not entirely surprising to see Deschanel — a mid-2000s hipster icon perhaps best known for her role in the Fox sitcom “New Girl” — suddenly talking about food mileage and azodicarbonamide. As many celebrities have discovered, the combination of wellness culture, ethical consumerism, and Hollywood glamor can make for a potent — and profitable — media cocktail. Pioneers of the model include Gwyneth Paltrow’s Goop, a health and lifestyle brand, Jessica Alba’s Honest Company, and even Tom Brady’s TB12.
These startups have attracted big followings. But scientific rigor sometimes gets lost along the way. Goop, in particular, has repeatedly come under fire for its pseudoscientific claims and products — including “bio-frequency healing” stickers, and perhaps most famously, jade eggs designed to be inserted into the vagina to coax “spiritual detox.” Alba’s outfit was sued last year by consumers after The Wall Street Journal reported that a detergent the Honest Company was marketing as a safer and more environmentally friendly alternative to traditional soaps actually contained a harsh chemical it had pledged to avoid. (Alba’s team settled the suit last June, while denying any wrongdoing.)
Deschanel’s videos are a collaboration between the millennial news-and-issues advocacy site ATTN: (pronounced “attention”) and The Farm Project, a new startup founded by Deschanel and her husband, Jacob Pechenik, that “empowers initiatives that reconnect people with food.” In the videos, Deschanel talks about everything from overfishing to the evils of factory-produced bread. The most popular video in the series, alleging negligent FDA oversight of chemical additives, racked up more than 17 million views in its first month on Facebook. ATTN: paid the series’ production costs.
The videos give lucid overviews of some complex topics, such as the FDA’s controversial “Generally Recognized as Safe” designation for food chemicals. Often, though, the videos seem to favor fear over nuance. A brief bit about the preservative sodium nitrite, which Deschanel jokingly calls “science salt,” implies that the compound is an artificial concoction (it’s a naturally occurring chemical and a metabolic byproduct of digesting many common vegetables) and that it causes cancer in humans (the evidence is mixed).
More concerning is the organics episode in which Deschanel — a millionaire Hollywood star — urges poor Americans to avoid many common fruits and vegetables if they cannot afford to buy organic. Deschanel warns that these are fruits and vegetables that “you should strictly buy organic, due to the amount of pesticides on them.”
There are, of course, real reasons to be concerned about pesticide use, including the effect of chemicals on the environment and on the farmworkers who come into contact with high concentrations of toxic compounds.
But to date, there is little clear scientific support for the argument that organic produce is, by definition, healthier for consumers than conventional produce, or that conventional produce is actively dangerous because of pesticides. The Environmental Protection Agency sets stringent legal thresholds for pesticide residues on produce, pegged far below levels known to be toxic to people. And organic produce can still contain pesticide residues too — both from nearby conventional fields and from powerful but naturally-derived chemicals that can legally be used on organic crops. (Some synthetic pesticides are also approved for use in organic farming.)
Much more worrying than the prospect of pesticide residues, many experts say, is the prospect of driving consumers away from including fruits and vegetables in their diets altogether. “My work over the last 30 years has consistently suggested that the health risks are negligible for the consumption of conventional produce, and the biggest concern is making sure people eat fruits and vegetables,” said Carl Winter, a specialist in the Cooperative Extension at the University of California-Davis who has published extensively on pesticide residues, including an analysis of the Dirty Dozen. “If public concerns over pesticides — tiny, tiny levels of pesticides in the diet — make them more wary, the tendency can be to decrease their consumption of fruits and vegetables.”
Even the Environmental Working Group, the toxins-focused consumer advocacy organization that publishes the Dirty Dozen list Deschanel cites, emphasizes that “the health benefits of a diet rich in fruits and vegetables outweigh the risks of pesticide exposure. Eating conventionally grown produce is far better than skipping fruits and vegetables.”
Chloe Sacks, a marketing manager at ATTN:, rejected the suggestion that Deschanel was offering health or nutritional advice when she urged consumers to avoid many common fruits and vegetables. “When referencing the dirty dozen, we’re talking about a list of fruits and vegetables that people who strive for an all-natural diet should avoid if they cannot afford to purchase organic produce, since those are the ones found to have the highest level of synthetic pesticides,” Sacks wrote in an email to Undark. “We’re not talking about health risks.”
Policy experts had mixed reactions to the series. I showed the video on the FDA and food regulation to Thomas Neltner, chemicals policy director at the Environmental Defense Fund. “It’s pretty good!” Neltner said after watching the video. “I don’t think people realize how dependent they are on the integrity of the companies that are selling them their food.”
On the other hand, Timothy Caulfield, a health policy scholar at the University of Alberta and the author of a book about Gwyneth Paltrow and celebrity health advice, was concerned about the series’ tone. “I think there’s a little bit of fear-mongering going on,” Caulfield told Undark. The problem with advice like Deschanel’s, he said, is that it “makes it more difficult to take those simple, evidence-based steps towards a healthy lifestyle. It makes it more complicated. It makes it more expensive. And if something is more complicated, if something is more expensive, it’s less likely that healthy behavior is going to be sustained.
“There’s some stuff in these videos, that are very nicely produced, that is kind of true, right?” Caulfield added. “But there’s always this underlying — this blanket of pseudoscience that permeates the entire show.”
For Deschanel, this may only be the beginning. On its website and Facebook page, The Farm Project speaks only in vague terms about its mission and work. The project does not list any staff or contact information on its website, and it would be easy to mistake the startup, with its mission-driven language and world-changing tone, for a nonprofit. The company also did not respond to messages sent to its Facebook page requesting comment on its vision, and Deschanel did not respond to a list of questions sent through her publicist.
But details posted on the startup hiring website AngelList suggest larger — and more corporate — ambitions, describing The Farm Project as “a public benefit corporation that is leveraging media and technology to drive a meaningful shift to sustainably produced food.” The company aims to provide sustainable farmers with “information, technology, and access to financial resources that they need to meet the challenges of managing a modern sustainable farm,” and it’s trying to hire a team of web developers and product managers.
On AngelList, The Farm Project’s founder is listed as Gregory Campbell, a longtime business partner of Pechenik. The two men are MIT graduates — Pechenik got a degree in chemical engineering — and they already collaborate on a business venture called YellowJacket, which provides software to derivatives traders on Wall Street. They now appear to be teaming up with Deschanel to market a vision of a more sustainable, local future — one that’s premised on a deep skepticism of corporations, if not on hard science.
Michael Schulson is a freelance writer who has contributed to numerous science and general media outlets.
This article was originally published at Undark as "When Celebrities Talk Science" and has been republished here with permission.

#Cryptocurrency #ICO #Blockchain #TokenSale #agrotechfarm #Token #AI #coin #bonus #platform #bitcoin #ethereum #crypto #currencies #project #ATF #cryptotrading #icoinvest #iconews #technology #agrotechnology #ecology #organicfood #organicindustry #Deschanel #AngelLis

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

[HIRING] Customer Support Specialist at BTCJam.com

BTCJam is revolutionising how credit is being distributed around the world. Our innovative peer to peer platform allows lenders to invest in borrowers on a global scale, helping people get credit for the first time and also realising superior returns that are strongly diversified from other asset classes.
BTCJam is funded by Silicon Valley VCs and Angels and has offices in San Francisco. We are currently a team of 5 people and are looking to expand rapidly.
In order to increase customer satisfaction and support product development, we are looking for a dedicated
Customer Operations Specialist
This is an excellent time to join a very exciting company. You will work closely with the founders learn from all areas of business. This opportunity will take your professional life to the next level. We don't expect you to know everything but we do expect you to have an open mind and the willingness to learn and evolve.
What to send A resume, LinkedIn or AngelList profile A brief answer to the following question: If you could add anything to BTCJam, what would it be?
Send this to jobs at btcjam.com
submitted by Bigcoin to Jobs4Bitcoins [link] [comments]

Sean Percival on Bitcoin at 500 Startups Inverview to Naval Ravikant, Founder, AngelList Naval Ravikant: The Secret To AngelList's Success Inverview to Naval Ravikant, Founder, AngelList The Bitcoin Revolution!

During Token Summit II, AngelList co-founder Naval Ravikant waved off talk of a bubble, saying cryptocurrency solve people’s money problems. Funds managed by AngelList Venture consistently perform in the top quartile of venture capital funds. Note: Later funds are still early in their maturity. Invest in 200+ startups annually alongside top-tier VC firms AngelList Access Fund has participated in multiple rounds led by Sequoia Capital, Andreessen Horowitz, Khosla Ventures, Founders Fund, and more . Our network of leading GPs use ... You are here: Home / Crypto Blog / Bitcoin / AngelList Access Funds Show Promise. AngelList Access Funds Show Promise June 30, 2020 / in Bitcoin / by Early Investing. Let’s talk about AngelList Access funds. These funds allow you to make a single investment and get exposure to the hundreds of top startup deals that take place on AngelList. I wrote about them back in January. Now, AngelList ... Bitcoin Capital is an investment fund for professional investors who want exposure to the growth of Crypto Currencies like Bitcoin and Blockchain technology. It is a specialist fund that pays daily dividends to investors in Bitcoin for as long as their mining investment produce a return, venture capital high growth investments and Crypto Currencies that can produce a very high return with a ... Bitcoin is a distributed, worldwide, decentralized digital money … Press J to jump to the feed. Press question mark to learn the rest of the keyboard shortcuts. r/Bitcoin. log in sign up. User account menu. 12. There are 33 Bitcoin-related startups currently on AngelList. Close. 12. Posted by. u/tellman1257. 5 years ago. Archived. There are 33 Bitcoin-related startups currently on AngelList ...

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Sean Percival on Bitcoin at 500 Startups

The Bitcoin Revolution: Naval Ravikant (AngelList), Balaji Srinivasan (Counsyl), Cameron Winklevoss (Winklevoss Capital), Tyler Winklevoss (Winklevoss Capital) at TechCrunch Disrupt SF 2013. The BitCoin Revolution @TechCrunch DISRUPT with Naval Ravikant, Angellist; Balaji Srinivasan, Counsyl; Cameron & Tyler Winklevoss, Winklevoss Capital. For further info check out https ... Naval Ravikant (investor and founder of AngelList) talks about Bitcoin and the future of cryptocurrencies in his first Periscope broadcast. Naval's Full Firs... Money & Tech's Jered Kenna sits down with 500 Startups Venture Partner Sean Percival to talk about the startup accelerator's current plans to invest in and incubate more companies building on the ... Leena Rao talk with Founder of AngelList, Naval Ravikant. Ravikant talked about the currency of Silicon Valley, which he says is deals shared, talent referred, and acquirers introduced. Subscribe ...