Key Facts Of The Day 24.09.2018

Juventus Launches Fan Token - Vote For Ronaldo

Juventus this year in the spotlight. First, the club led the headlines by signing Ronaldo and now by becoming one of the first football clubs to issue a fan token. The Turin football club announced its partnership with the Socios.com platform and presents plans to launch a Juventus Official Fan Token.

With the help of innovative technologies, Juventus will develop a global club membership strategy and expand its audience in different countries. The token will allow the club’s fans around the world to participate in polls, thanks to which it will establish a closer connection with their fans. Juventus supporters will have the opportunity to purchase tokens through an innovative scheme known as the fan token offering (FTO), and Socios.com will release the token in the first quarter of 2019.

Dubai Moving Towards Blockchain Government

The Dubai Department of Finance (DoF) has partnered with the Smart Dubai Office (SDO) to launch a payment system based on blockchain. A new platform, called Payment Reconciliation and Settlement, was created specifically for government agencies, in particular for the police of Dubai, the Roads and Transport Authority (RTA), and the Dubai Health Authority (DHA).

The system will allow payments between various government structures and make management processes more precise and transparent. The old payment system of the government of Dubai has one weakness — its low transaction processing speed. Before one had to wait for 45 days for the completion of operations. With the roll-out of the new system, this process will be greatly accelerated.

Blockchain Eruption: Iceland Foregoes Mining

Iceland will move away from mining to pure blockchain business, say local industry insiders.

Halldór Jörgensson, chairman of Reykjavik-based Borealis Data Center, said that the hype around mining was declining in the country. He added that there is a request from local crypto projects to move more towards pure business based on distributed ledger technology rather than in the direction of mining. Despite this, mining contributed to a rapid growth of local energy sector and data industry, and now their sufficiently developed infrastructure is expected to stimulate the growth of the blockchain-based business.

Indian Authorities Against Bitcoin Ponzi Scheme

As was stated by the Indian law enforcement agency, regulator attached immovable properties of the owner of GainBitcoin.com. Amit Bhardwaj for creating fraudulent Bitcoin trading Ponzi scheme that was run under the banner of Variabletech Pvt Ltd, Singapore.

Under the scheme, Bhardwaj through his team of marketing agents used to lure the people by asking them to buy bitcoins and then invest them in his bitcoin scheme by promising very high returns in terms of bitcoins itself by use of mining kits.

Singapore Opens Blockchain Think Tank and Research Center

The National University of Singapore’s (NUS) School of Computing announced the establishment of the CRYSTAL (Cryptocurrency Strategy, Techniques, and Algorithms) Centre, an academic research laboratory and think tank targeting to become one of the world’s foremost blockchain and cryptocurrency research institution.

The research center will engage in productive interaction with the industry to draw up new research problems and propose solutions. In the beginning, the center will comprise between five and ten faculty members and several scholars who are experts in various research areas.

At 18:30 (GMT+1) total cryptocurrency market capitalization stands at $219,9 billion

Bitcoin (EXANTE: Bitcoin) $6613 (-1,16%)

Ethereum (ETH/USD) $235 (-3,00%)

XRP (XRP/USD) $0,52 (-6,73%)

Bitcoin Cash (EXANTE: Bitcoin.Cash) $470 (-3,17%)

EOS (EOS/USD) $5,74 (-3,35%)

Steem (+18,25%) showed the best growth in the top-100

Market Dynamics

The trading volume of cryptocurrencies for 24 hours reached $13,3 (+11,1 billion per day)

Mining Profitability

BTC $2,4 for 10 TH/s

ETH $0,18 for 10 MH/s

BCH $0,22 for 1 TH/s

LTC $3,19 for 1 GH/s

DASH $0,09 for 1 GH/s

Ongoing ICOs:

Expected ICOs:

Click here for the full list of ongoing ICOs.