Bitcoin Blockchain Based Spells of Genesis Approaches Launch, BitCrystals Price Rises

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As the full launch of EverdreamSoft’s Spells of Genesis (SoG) nears, the blockchain-based token powering the digital trading card game, BitCrystals (BCY), has seen a fairly significant rise in price. After a price peak in March, BCY saw a period of bearish activity up to late May, until the price received a bump. Going into July the BCY sat at 0.00010497 BTC ($0.07 USD), according to CoinGecko, and illustrated another climb in the game-based cryptocurrency. Tokenized Mobile Gaming Markéta Korteova, Marketing Director at EverdreamSoft, is sure that BCY’s price patterns are related to the four progress milestones laid out by SoG’s team. Each milestone was a designated marker point toward the game’s development, with the third milestone achieved in February. The first milestone was the launch of BitCrystals in late 2015 through a token sale in which 70 million BCY were made available for purchase. According to the BitCrystal’s GitHub page, 14.3 million BCY were distributed during the sale, raising 40 bitcoins, while the remaining 55.5 million BCY were slated to be destroyed or burned. The crowdsale was a big help to the development of Spells of Genesis, said Korteova. She explains to CoinTelegraph: “From the very beginning, EverdreamSoft’s goal …

Blockchain Start-Up “Colu” released Dashboard and Sandbox API

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Colu recently released two new updates to help new users create more innovative blockchainsolutions. The Colu Dashboard aims to be the central location for viewing and managing digitalassets. The Sandbox API aims to enable users to quickly test code and view results. Amos Meiri, co-founder of Colu, began exploring blockchain technology while still working atFinancial Services Giant E-Torro back in 2012. Amos began interacting with the blockchaincommunity early on, to help develop a new way to transfer assets over the blockchain. After putting in months of effort and over $100,000 of investment through E-Torro, Amos and his co-founders David & Mark turned their focus to enabling developers to transfer value over the blockchain. This focus led them to found Colu, which since it’s launch 5 months ago has already enabled over 20 use-cases. Amos Meiri, co-founder of Colu said: “As a team, we found that working with the blockchain was extremely difficult for those just starting out. Therefore, we felt starting a platform, which would make it easier for developers to issue assets on the blockchain was vital.” The use-cases enabled by Colu are wide-ranging, from decentralized voting platform in theHonduras Island “Voto-Social” to secure product warranties on the blockchain, …

Bitcoin Awareness Campaign Launches Across Major U.S. Cities

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I often sit and consider what I would do on the off chance that I had a million dollars. When I chat with people about Bitcoin, they understand very little about it. The more I teach them on the benefits, the more they appreciate its value. Giving the regular person an “elevator pitch” on the benefits of Bitcoin technology is time well spent. It really doesn’t take long to enlighten someone on something so innovative and needed, worldwide. The average Joe is accustomed to the media telling them bad news about Bitcoin. Whether it is investigating its drop in relative worth versus the U.S. Dollar, or concentrating on the occasions like Silk Road or Mt. Gox. TV is still the predominant medium of North America and the world, and they call it “programming,” as they should. But perhaps the time has come to change channels when it comes to Bitcoin? Back to having a million dollars. Since Bitcoin is my primary concern right now, I think helping the world see exactly how it will change the world for the better is a noble thought. Why not make a bundle of TV advertisements that would highlight its numerous advantages? Why not …

The Economist Asks: Will Bitcoin’s Blockchain Change The World?

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Legendary news publication “The Economist” has seen fit to not only acknowledge the innovations of Blockchain’s technology but produce a feature story on it for the current October 31 weekly edition. The cover story’s title is called, “The trust machine – How the technology behind bitcoin could change the world.” Here we go over some excerpts and the basic tenor of the piece. The Economist is one of the Western world’s oldest and most trusted publications As you may already be aware, Bitcoin does not have a sterling reputation within the mainstream media, if that fact has alluded you to this point, The Economist makes sure you get that realization stated up front as fact within the story’s first sentence, which succinctly reads “Bitcoin has a bad reputation.” The online edition fails to reveal a name of an author for this story. This first sentence sets up the article with a short summary of why the generally negative reputation has been established, so far. By the middle of the second paragraph, it does not refute any issues with the public image Bitcoin. They seem to have little interest in disputing its validity, but they rush to the defense of the …

Blockstack to Provide Custom Blockchain Technology Solutions

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Blockstack, formerly known as CryptoCorp, is seeking to provide custom blockchain technology solutions to companies in Wall Street. The underlying technology behind bitcoin has been gaining more and more attention these days, particularly from financial firms seeking to explore its practical applications. Several banks are already tapping into the features of the distributed public ledger, as this could prove to reduce costs and enhance security of record-keeping and trade settlement operations. Online retail giant Overstock has even experimented with cryptosecurties and using blockchain technology to facilitate trading. Blockchain Technology in Finance “This is a software stack to enable financial services to have a private isolated blockchain that became exciting to financial institutions, because now they can start working on applications and back-office systems,” said Standard Chartered Bank veteran Peter Shiau, who serves as the Blockstack’s COO. He is joined by Phillip Harris, advisor and former head of FX at Nasdaq. Blockstack isn’t the first firm to offer blockchain technology solutions to larger institutions in Wall Street, as a growing number of companies such as Chain, Eris Ltd, Gem and Digital Asset Holdings are also focusing on the same initiatives. In particular, Blockstack aims to educate its clients to leverage the …

Is Silicon Valley Turning into a Bitcoin Hub?

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Silicon Valley has gained its popularity for being the home of several tech and online startups, which later on grew to become the fast-rising companies of today. According to Bitpay Chief Commercial Officer Sonny Singh, the trend among venture capitalist groups in the valley is to invest in bitcoin and related technologies like the blockchain. “You can see the rapid growth of the VC investments in the bitcoin space,” explained Singh. He mentioned that investments in bitcoin companies has grown thrice this year compared to last year. Growth in Bitcoin Companies “Two years ago, bitcoin wouldn’t have been on that,” said Singh. “It shows how much of a traction bitcoin has gotten in just over the last two years. It’s really come a long way and I imagine in the next two years, it will be much higher actually.” Singh also pointed out that around a year ago, they had been convincing large companies to accept bitcoin. This time around, these same companies such as Dell and Microsoft are explaining to their customers why bitcoin is important. “We’ve seen the ecosystem change quite dramatically,” concluded Singh. Data from industry analysts has also revealed that bitcoin is taking over financial services …