IOST - BISS.com Voting Competition - Daily Reward pool of millions of IOST for Voters!

BISS.com - IOST Voting Competition - Daily Reward pool of millions of IOST for Voters Hi , Since launching the IOST node partner voting election several days ago, 5000+ users have joined to vote, over 800M IOST voted with and more than 50 Candidates have been already successfully elected.  Starting 2nd Feb and for the next 10 days, BISS in co-operation with IOST will be running a voting competition for the IOST partner election with big rewards to lucky voters. Head over to the Election Portal to get involved! Read on for a full overview of the competition or check out the official Medium article here. Competition Mechanics Each day during the event, Candidates will be ranked by their total number of votes received for that specific day. People that vote for 1 of the top 3 ranking Candidates for that day will receive bonus IOST from the daily reward pool. Each day's reward pool is equal to 5% of total votes cast to any of the Candidates that day and split between the 1st, 2nd and 3rd ranking nodes in proportions 50%, 30%, 20% respectively. E.g if 100M IOST votes are cast on day 1, the day 1 reward pool is a total of 5M (5%), with 2.5M reward pool for the 1st ranking Candidate, 1.5M for the 2nd ranking Candidate and 1M for the 3rd ranking Candidate. If you vote for any of these 3 Candidates that day, you will revive a share of each of the Candidates reward pools you voted for. You reward is based on the share of your votes for that Candidate (Your votes for that candidate/ Total votes for Candidate). If the Candidate you vote for ranks 1st, you receive a share of 50% of the reward pool If the Candidate you vote for ranks 2nd, you receive a share of 30% of the reward pool If the Candidate you vote for ranks 3rd, you receive a share of 20% of the reward pool Example: Assume the total number of votes on the day are 100 million IOST, the reward pool will then be 5% = 5 million IOST for that day. The 1st ranked Candidate reward pool is then 2.5M, 2nd ranked Candidate reward pool is 1.5M and 3rd is 1M. If you vote for the 1st place Candidate and your votes are 20% of the Candidates votes received that day, you will earn 500,000 IOST as the additional bonus. The calculation formula is: 100,000,000 *5% *50% *20%= 500,000 IOST Your potential bonus could be 1000's of times the IOST you vote with, especially if your first vote is correct as explained below. First Guess Rewards To make it even more exciting, If the first vote you cast for the day is for 1 of the top 3 winners that day, your reward will by multiplied by 10X. Only the first cast of votes each day qualify for the First Guess Rewards Event. Timeline The time for this event will be from 0:00 UTC until 16:00 UTC each day with results released at 10:00 UTC the following day. The competition will run from Feb 2nd through Feb 11th. Head over to the Election Portal to get involved. Good luck and happy voting! The final interpretation is reserved by BISS and IOST and decisions are final. Any cheating or fraudulent behaviors may lead to the revocation of the rewards by BISS and IOST. Copyright © 2019 IOST, All rights reserved. You are receiving this email because you signed up to our mailing list via the IOST.io website Our mailing address is: IOST 601 4th St San Francisco, CA 94107-1635 Add us to your address book Want to change how you receive these emails? You can update your preferences or unsubscribe from this list.

Exciting updates from Inside.com

Loyal readers: While most of our time is spent sending you news about everything else happening in the world (we delivered 15 million emails packed with news in January!), we like to occasionally take a moment of self-indulgence to peel back the curtain and report some news about our own company to you. After this brief interlude with some announcements and milestones happening at inside.com, we'll be back to our normal programming.   Here’s the tl;dr: We Raised $2.6 million to continue growing this newsletter business We ended 2018 with $1.1 million in annualized revenue; more than 300% growth over 2017 Today we’re launching 20 newsletters, bringing our total to 50 Earlier this month we launched a first-of-its kind ad server that allows brands to run native ads targeting broad demographics like “developers” “tech founders/execs”, “sales”, “high-earning consumers” “people who work in tech”, and lots more. (and if you don't like ads, you can always upgrade to our premium service!) We just passed 750K active subscriptions   New newsletters Here are the newsletters we just launched. If you see one you like, go ahead and subscribe:   Inside NYC Inside LA Inside Chicago Inside Boston Inside Portland Inside Seattle Inside DC Inside Austin Inside Denver Inside Pittsburgh Inside HR Inside Finance Inside for CMOs Inside for CFOs Inside for CTO/CIOs Inside Growth/Marketing Inside for Founders Inside Design Inside Sales Inside SaaS   To see our full roster of newsletters and to vote for the ones we launch next, head over to inside.com   Funding While we had institutional VCs expressing interest in our business, we chose to leverage the new equity crowdfunding rules and take our fundraising round straight to the people who use our product most. We raised $2.6M from more than 900 investors through seedinvest.com and jasonssyndicate.com. This round was anchored by investments from the SeedInvest Fund and Jason Calacanis, at $250,000 each.   This funding round included investments from hundreds of our readers! We are working hard to build a sustainable media business, and are deploying this capital thoughtfully with all focus on delivering a better product, reaching a wider audience, and driving the revenue we need to sustain it all.   This year we are going to be very focused on improving the quality of our newsletters, and we're always open to any and all feedback.   Ad server Like podcasts, most email newsletters offer one option: pay to reach the entire audience, or none of it. Given we have 50 different newsletters and work with a wide array of advertisers, we wanted to offer something better, so we built it.    Through surveys, newsletter subscriptions, and help from tools like Clearbit, we have a broad understanding of who our readers are -- job function/role, industry, broad interests, and rough location. Creating segments based on these characteristics, we can serve ads dynamically in the newsletters only to the readers a sponsor wants to reach.   So, a developer-facing company can run ads across all of our newsletters targeted only at developers. An HR SaaS platform can target founders and HR execs. A consumer startup that has only launched in SF and LA can show ads only to readers in those cities. We have no intention to ever offer “what you had for lunch yesterday” level granularity of ad targeting, and we don’t need to. The level of engagement our readers have with these newsletters blended with broad audience segmentation delivers exactly what our advertisers need.   We really do make an effort to only work with sponsors who we think our readers will appreciate hearing from, and a great way to support our newsletters is to click the ads and see what our sponsors have to offer.   Learn more about how this works: inside.com/sponsorship   And in closing…   When we send updates to our investors, we make a habit of including a “how you can help” section. Of course, this update is going to a much wider audience than just our investors, but we still thought it was worth including some ways for people to support the work our team does on these newsletters each day. So, if you want to help, here’s how you can do it. Tell your friends about Inside: Hit reply to this email, add four friends to the CC line, and write a line or two explaining why you like inside.com! Tell us how we can improve: Hit reply and send some feedback on the Inside newsletters and what we can do better. Or better yet, hit reply to the newsletters from time to time. We love to hear from readers. Sponsor the newsletters: We have tons of sophisticated readers (like you!) and offer a range of ways to reach them. Visit inside.com/sponsorship, and send it to your marketing team Help us find writers: If you or anyone you know is talented writer and an expert on one of the topics we cover, send an intro to kelly@inside.com Take a moment to check out the sponsor messages in our newsletters, it makes a big difference. Or, if you don't like ads, upgrade to Inside Premium -- get an ad-free Inside experience as well as more, deeper content.   That’s all for now! Thanks for reading.   Austin Smith President, Inside.com twitter.com/awwstn Don't want to receive emails like this anymore? You can use this link to unsubscribe from Inside's announcements.

Almost broke

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January 31, 2019 SURVIVAL APPEAL: The NEM Foundation, a community-funded nonprofit established to promote the NEM blockchain, is planning layoffs across its entire 150-person staff in the wake of severe budget cuts and ahead of an imminent restructuring. The newly elected president of the NEM Foundation, Alex Tinsman, told CoinDesk Wednesday that the Singapore-based foundation now intends to submit a request to the NEM community fund for 160 million tokens (worth roughly $7.5 million), money that would be used to rescue the organization from dire financial straits. “Basically we realized we had a month to operate, due to the mismanagement of the previous governance council,” said Tinsman, who took over the non-profit in January. As a result, the foundation’s 202 members – people who undergo identity checks and pay an annual $50 membership fee – will be asked to vote on the funding request in February after it’s published on Thursday. The number of layoffs will be determined by how much funding the community approves. Full Story BITCOIN TOKEN: A new token backed one-to-one with bitcoin is now live on the ethereum blockchain. “Wrapped BTC” (WBTC) officially launched its ERC-20 token Wednesday evening – a joint initiative between decentralized exchange startups Kyber Network and Republic Protocol, as well as cryptocurrency custody company BitGo. As stated on the project’s website, the aim of WBTC is to bring “greater liquidity to the ethereum ecosystem including decentralized exchanges and financial applications.” At the time, BitGo CTO Benedict Chan described WBTC as possessing both "the stability of bitcoin and the flexibility of ethereum," likening the new crypto asset to traditional bank notes (the kind that were once redeemable for gold). While volatile compared to the U.S. dollar, bitcoin is the most liquid and stable of cryptocurrencies, he noted.  Now listed on cryptocurrency market data site CoinMarketCap, as of early Wednesday evening there was a reported 72.4214 WBTC on the ethereum network, slightly over-collateralized with 72.4216 BTC (roughly $250,000) locked in custody on the bitcoin blockchain. Full Story​ CRYPTO ON CREDIT: Binance, the world’s largest cryptocurrency exchange by adjusted trading volume, has just made it easier for users to buy cryptocurrencies. The exchange announced Thursday that it has partnered with Israel-based payments processing firm Simplex to enable purchases with Visa and MasterCard credit cards. At launch, the exchange is supporting credit card purchase for bitcoin (BTC), ether (ETH), litecoin (LTC) and XRP. These can then be traded against up to 151 other tokens offered by the exchange. “The crypto industry is still in its early stages and most of the world’s money is still in fiat, ” said Binance CEO Changpeng Zhao. “Building fiat gateways is what we need now to grow the ecosystem, increase adoption and introduce crypto to more users.” Full Story BAN CONTINUES: South Korea's top financial regulator has said it will not lift the ban on domestic initial coin offerings (ICOs) after finding that some projects have been violating rules. As ICO investment is a very “high risk” activity, the Financial Services Commission (FSC) said, calling on the public to exercise caution when investing in token projects, according to a report from CoinDesk Korea. The FSC decision was informed by the results of a survey conducted by the Financial Supervisory Service (FSS), indicating that some ICOs purportedly conducted abroad had also illegally raised money from Korean investors. From September 2018, the FSS sent the survey questionnaire 22 local firms that conducted ICOs in foreign countries, of which 13 responded. The companies had held the ICOs since the second half of 2017, raising a combined total of about 566.4 billion won ($509 million). It found that firms had been setting up paper companies in Singapore to circumvent the ICO ban, yet still raised money from Koreans – as evidenced by Korean language white papers and marketing materials. Some ICO projects also did not disclose important information such as company profile and financial statements, and in some cases provided false information, the survey found. Further, tokens had dropped in value by an average of 67.7 percent since launch. Full Story CoinDesk’s Crypto-Economics Explorer aggregates data points across the industry to measure the size and opportunity of crypto markets. In addition to price and market cap, CoinDesk’s explorer provides users with a comprehensive way to view the crypto-economic forces that shape an asset’s market maturity, growth and potential. Exchange interest is important in determining the activity occurring among speculators and investors buying and selling cryptocurrencies on exchanges. We observed DASH over the course the past five days and found some growth in exchange activity. The exchange interest fluctuated as follows: 1/27: 13.92 percent 1/28: 14.41 percent 1/29: 20.91 percent 1/30: 20.91 percent 1/31: 12.89 percent This was largely due to DASH’s total exchange volume hitting a high of $941 million on January 28 which grew 481 percent from the previous day’s total. Exchange volume levels like this have not been seen on DASH since Dec. 20, 2017, which reached a high of $816 million. For more research insights, check out the CoinDesk Crypto-Economic Explorer here to see this table and more.  BUCKED TREND? February has brought cheer to bitcoin bulls for the last four years. That trend may be broken this month, however, as bitcoin is leaving January on a very bearish note. If the crucial 200-week moving average support at $3,298 serves as trampoline for a good bounce, however, the bulls may be in with a chance of extending the winning streak. Full Story​ BEST OF THE BEST ZEROHEDGE: A recent JPMorgan report suggested a good price floor for bitcoin was $2,800, or perhaps even $1,260. That's absurd, says a piece from ZeroHedge. Apart from pointing to such a wide range for "fair value," the investment bank's analysts used a traditional finance tool called marginal cost pricing to get to that range.  Unfortunately, that model is "useless" for bitcoin, says the author. Effectively, with physical commodities, production drops with price until it falls below demand, at which point prices stabilize.  With bitcoin, on the other hand, production is “price inelastic.” That is, the system is designed to produce coins at a set schedule that automatically adjusts to maintain that rate. Hence, “BTC can climb to 10 million this year or fall to 10 dollars, and production would average 12.5 new Bitcoins every ten minutes – until the next halving.” Bitcoin is a “truly new” asset class, the piece concludes, adding that the most honest answer to the question of its real value would be, “We have no idea.” THE REST FORBES: Nasdaq is now providing market surveillance technology to seven different cryptocurrency exchanges, according to Forbes. The stock exchange has a team of roughly 20 individuals who conduct due diligence and other vetting procedures before signing a new client on, as well. These procedures look into exchanges’ business models, how they conduct know-your-customer/anti-money laundering processes and the exchanges’ governance and controls, with both legal and technical experts examining each prospective client. In its list, Nasdaq asks clients about their customers and the assets being traded on their platforms.  While Nasdaq claims to have a number of clients, to date, only Gemini and SBI Virtual Currency have publicized their use of the surveillance tech. BLOOMBERG: Crypto-focused hedge funds are beginning to look more like traditional venture capitalists, largely thanks to the crypto bear market, reports Bloomberg. This is partly because of the fact that many of these funds’ liquid assets declined in value, leaving a large part of their assets under management illiquid, according to Multicoin Capital managing partner Kyle Samani. As a result, investors are pulling out of token sales where they lost or are losing money, allowing funds to make purchases below market price and acquire ownership stakes. Jeff Dorman, a partner and portfolio manager with Arca, explained: “There’s going to be a lot of opportunity in distressed buying and even activist investing … Often you can buy below even the cash value of the company." WHO WON #CRYPTOTWITTER Copyright © 2019 CoinDesk. All rights reserved. Our mailing address is: 250 Park Avenue South New York, NY, 10003, US Want to change how you receive these emails? You can update your preferences or unsubscribe from this list