DeepToken Exchange Targets AI Success Stories

Panning for Gold

Decentralized artificial intelligence project DeepBrain Chain plans to create a new cryptocurrency exchange to support established, centralized players, according to a project statementDeepToken Exchange will target up-and-coming artificial intelligence companies and startups with an eye toward shepherding them through the tokenization and initial coin offering process, in addition to other value-added services.

The exchange’s proposed verification and validation procedure “…sifts through the mud for the gold,” according to DeepBrain Chain’s statement.

In addition to its sorting procedures, DeepToken Exchange will eventually offer a variety of services tailored for AI blockchain projects — including an assist on processing power for ongoing project development. This individualized attention is one of the driving forces behind the DeepToken Exchange’s selective listing process.

DeepToken Exchange
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Image Credit: @DeepToken via Twitter

DeepToken Exchange plans to operate on a “voting as mining” business model, making it easier to find quality AI projects to push to the top of the project’s queue. These voters will consist of DeepBrain Chain’s expert AI community, which will be expanded via DeepBrain Chain’s AI Training Net.

DeepToken Exchange and AI

The project leaders liken the current state of the cryptocurrency market to the American Gold Rush, where the biggest winners were not actually miners, but those who provided necessary mining tools.

“Experienced traders and investors know that the future and potential of digital currency lies with blockchain projects focusing on real-world use cases and applicability,” DeepBrain Chain said in its statement. “However, the market still needs to devise a mechanism of protection against projects that offer a lot and deliver very little. An exchange with a meticulous and considered approach to listing is the answer.”

DeepBrain Chain’s sorting protocols are already active, according to the project leaders. The picked AI projects (“only the best and brightest”) will be the first listed when DeepToken Exchange goes live.

“DeepToken will be a financing platform for AI companies, a trading platform for AI digital assets, as well as offering support for their product landing; the exchange will stimulate discussions and investments in the AI industry through community assessment and monitoring of AI projects,” said founder Feng He in the statement. “Eventually, DeepToken will help create a new global AI token economy.”

Both the DeepToken Exchange and DeepBrain Chain run on the proprietary DeepToken, listed on exchanges as DPT. More information about the entire project can be found in the white paper.

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Cedric Jackson is a contributing writer. His writing draws on his rich life experiences, time spent traveling and years working with the written word. He is passionate about internet marketing, finance, travel and the entertainment world. When not busy writing, he spends his time traveling, reading and keeping up with world events..

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MovieCoin Open Doors for Investing in Hollywood

MovieCoin could fund new Hollywood films.

MovieCoin Begins Public Pre-Sale

Last November, Christopher Woodrow, the producer of six Oscar-winning films, claimed that blockchain technology will disrupt Hollywood as it has other industries. He is one of the first people to become part of this disruption, launching a distributive-technology-based token named MovieCoin.

MovieCoin has begun its public presale for security and utility tokens. The firm expects to make about $470 million via the public presale, which follows a private presale capped at 2,000 Bitcoin (BTC).

During the public presale, the company will accept BTC, BKX, and Ethereum tokens with a minimum commitment set at 5 Bitcoins or equivalent and a hard cap of 10,000 BTC. Simultaneously, the firm will issue security and utility tokens during the presale: MovieCoin Smart Fund (MSF) Security Token and MovieCoin Utility Token (MOV).

MovieCoin logo
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Image Credit: MovieCoin / movie.io

The company plans to make $220 million by selling two billion MovieCoin Utility Tokens at $0.11 per token and $250 million by selling 250 million MovieCoin Security Tokens at $1 per token. The company is offering an incentive to initial investors in MovieCoin Utility: a bonus up to 25% of the quantity purchased. The public presale will run until October 30 at midnight Pacific time.

The BKX tokens are issued by BANKEX, a global top-20 financial tech company working on Proof-of-Asset Protocol for MovieCoin. Since BKX tokens are a variation of the ERC-20 utility token linked with the blockchain of Ethereum, they will provide an extra 5% bonus rate.

MovieCoin’s Vision

MovieCoin is a next-gen fintech firm focusing on leveraging proprietary applications, digital assets, and blockchain technology to disrupt the film and entertainment industry, as well as become the leading entertainment transaction and settlement platform for consumers and businesses. It wants to become the standard currency for funding television, motion pictures, and other media.

Woodrow plans to use the raised funds for making movies. Tokens issued by MovieCoin can be traded in the secondary market, offering opportunities for investors to profit with film successes. After the public presale concludes, the company will sell public tokens from November 1 through 25 that require no minimum contribution.

In an interview with Bloomberg, Woodrow said, “We’re trying to revolutionize the way films are financed. Hollywood is relationship driven and what we bring to the equation is the ability to gain access to the highest levels of film finance. We’re in the process of putting together a slate of projects that will include A-list movie stars, top-tier directors, seasoned and established producers, and that will form the initial slate for MovieCoin.”

MovieCoin says that its token-based financing system will provide a transparent ledger of everything that goes into financing each film project. Since tokens are infinitely divisible, they will be highly liquid as compared to other investments. There are also plans to sell tokens allowing consumers to get movie tickets, along with buying or renting films and TV series in various ways. All of these options will allow film enthusiasts more control over how they consume their entertainment.

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TigerWit Partners with Liverpool FC to Promote New Blockchain-Based Trading App

A row of Liverpool FC soccer kits.

Official ForEx Trading Partner

Liverpool FC has entered into a new global partnership with TigerWit. The English premier league has embraced the partnership, promoting TigerWit’s blockchain-enabled trading through a smart, sleek, highly-intuitive app. The app is harnessed across a distributed trading ledger.

Highly detailed, cryptographically encoded transactions are shared through the trading network. The distributed trading ledger at TigerWit is based on blockchain trade settlement, ensuring delivery of greater security, more efficiency, transparency, and trust.

The soccer giant joins other Premier league clubs to embrace Blockchain in cryptoasset trading. Just recently, Brighton & Hove Albion, Newcastle United, Tottenham Hotspur, Crystal Palace, Leicester City, Southampton, and Cardiff City announced new partnerships with eToro.

New trading partners TigerWit and Liverpool FC pose with a soccer kit that says TigerWit.
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Image Credit: Liverpool FC

Billy Hogan, Managing Director and Chief Commercial Officer of Liverpool FC, was excited about the partnership, stating, “As our official Online Foreign Exchange Trading Partner, we are very excited to develop our partnership with TigerWit. Liverpool FC has a large number of fans across the globe, particularly in TigerWit’s core markets in the UK, Europe, and Asia. Through this new partnership with TigerWit, we look forward to marketing activations, which help bring our fans around the world even closer to the Club.”

Tim Hughes, Chief Executive Officer at TigerWit, also expressed his enthusiasm with the partnership, stating, “Today is a proud day for TigerWit, we are launching our innovative blockchain-based trading app and partnering with Liverpool FC. TigerWit believes in a market that does not discriminate or play favorites. We have developed a pioneering blockchain-based settlement system that instills trust by delivering greater security and process efficiency. Trading should be, and can be, more transparent and fair for all traders, regardless of experience or the size of their account.”

What the New Deal Presents

The partnership will aid in driving technological development in Europe, the UK, and Asia. These are Liverpool strongholds with many of the League’s Kopites. Additionally, it will assist to increase downloads of the trading app in these regions.

TigerWit will also benefit from brand exposure at Anfield as well as through Liverpool’s social media channels. This is in addition to matchday privileges and club hospitality at the stadiums.

Liverpool players Alisson Becker, Georginio Wijnaldum, and Naby Keita have already been featured in a TV commercial with the brand.

Traders and users will benefit in trading with TigerWit’s app in various ways. These include; a minimum initial deposit of US$50; flexible leverage; multiple product options such as FX, precious metals, commodities, and indices; and low minimum order value of just 0.1 Lot.

This may seem to be an unusual partnership, but both groups are highly enthusiastic about the benefits and exposure they’ll give to each others’ fans.

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