One good example is Storjcoin. Storjcoins are crypto-tokens, which were released by Storj.io during its ICO. Storj.io is a decentralized cloud storage startup, and when its main product is released the users will be able to spend Storjcoins on the storage space, in addition to just being able trade them like any other coin. Another prominent example is Ethereum, a platform for building decentralized applications of all kinds. The company’s tokens called Ethers are actively used to maintain the operation of apps that have already been built upon the platform.
Sales of coins or tokens are direct, including multiple rounds, with few if any intermediaries required in the process, investors basing investment decisions on the content of white papers prepared by the fund raising entity.
largely unregulated — for now. I predict the SEC’s anti-fraud provisions apply (Rule 10b-5) and the SEC will formally announce that that is the case. Why? Because they did the same thing for credit default swaps. (3) Top Wall Street law firms issued strong legal opinions that credit default swaps were not securities. The SEC later issued a statement that anti-fraud provisions would apply regardless.
Because the system uses Wi-Fi for file transfer it makes it really good at sharing almost anything, including larger files. You can also use it to share photos, self-created video clips, documents, Notes, shopping lists and more. You can even use it to share contact information, grocery lists, even web pages. Once you get used to using it you’ll wonder how you ever used anything else.
AirDrop creates a peer-to-peer network between devices using built-in Bluetooth and WiFi. Bluetooth is used to discover nearby devices and negotiate the connection. This allows AirDrop to benefit from the low power consumption of Bluetooth, but does limit its range to approximately 30 feet. The actual file transfer process is handed off to WiFi, enabling AirDrop to exceed the speeds of competing, Bluetooth-only peer-to-peer network protocols. For security, each device creates a firewall and files are encrypted in transit. This makes AirDrop a much more secure option than email or SMS (non-iMessage text messages).
Like many Apple inventions, AirDrop streamlines a process already in wide use, in this case file sharing. Previously, iOS users had to swap photos, video, and other data via email, iMessage or apps that supported larger file transfers. Adoption of AirDrop may make these workarounds a thing of the past.
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If AirDrop on the receiving device is set up to receive items from contacts only, make sure that both devices are signed in to iCloud. Also make sure that the email address or phone number associated with your Apple ID is in the Contacts app of the receiving device.
As seen above, we selected a video file to move from an iPad mini to an iPhone 5. Tapping on the “share” icon at the bottom left of the screen brings up the sharing interface, which is split into four rows: content to be shared, AirDrop, share-to apps like iMessage or Mail, and remote media options like AirPlay.
This means that if you’re really set on getting in on that new ICO that your friend Aiden from work told you about, make sure you do your homework. The first thing to do is make sure that the people putting up the ICO are real and accountable. In the internet age its beyond easy to find a stock photo and put together a convincing website, so going the extra mile is important. Some things to look for: What history do the product’s leads have with crypto or blockchain? If it looks like they don’t have anyone with relevant experience that can be easily verified, that’s a bad sign.
Now, by updating his “Rockefeller Recipe” investing strategy for today’s market, my goal is to help you turn every $10K you invest into $44,508! And it’s all available to you in my High Yield Investing newsletter.
So get mining, folks! And for the less knowledgable I can warmly recommend cloud mining. But make sure you choose a reputable one that has been around a while. I just chose Genesis Mining based on research and they got good discounts every now and then, like right now there is a coupon code you can grab: 809fKo
Think of your ETH address as your bank account number and your ETH wallet private key as your credit card PIN number. It’s OK to give people your bank account number for transactions but it’s not OK for you to give people your PIN number.
Although the leaders in the cryptocurrency mining space are BTC, ETH, LTC, DASH, ZEC, and XMR, there are benefits to mining lesser known cryptocurrencies, if you are able to hold them for a while. The smaller crypto’s are volatile, and as long as they have a good team developing and improving them, they will go up in price over time. By holding then converting a portion of your mined crypto’s to Bitcoin or Ethereum when the price doubles, you improve your mining profitability substantially. And as long as the cryptocurrency has good prospects, if you hold it for a long time it might go up in value 5x, 10x, or even 100x. This has happened in the past, and will happen in the future.
@Brent I think it really depends if that is the “all in” cost. What I mean that is the advisor could be quoting you 1.75% as their advisory fee but that doesn’t include the cost of the actual investment holdings like as mutual funds or ETF’s which can drive up the cost even more.
An Initial Coin Offering, also commonly referred to as an ICO, is a fundraising mechanism in which new projects sell their underlying crypto tokens in exchange for bitcoin and ether. It’s somewhat similar to an Initial Public Offering ( IPO ) in which investors purchase shares of a company.
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