Behind the scenes, however, within the industry, the variety of different blockchains and distributed systems on the market is expanding.
The consensus mechanisms now being used can broadly be grouped into 3 different categories: Proof of Work Blockchains (Bitcoin, Ethereum etc. ), Leader-based Systems (Hyperledger Fabric, R3 Corda, Quorum etc. ), and Economy-based (Casper, EOS etc. ), also known as Proof of Stake. CULedger will now also use the Hedera hashgraph public ledger to enable cross-border payments across the globe. Many people have proposed the use of existing blockchains for identity applications. However, there are several issues with the technology that are still being resolved. Hedera’s Founder, Leemon Baird, thinks his technology has an alternative approach. Other aspects of government and public services may provide further use cases for distributed ledgers. Healthcare is one area being disrupted by the technology in a variety of ways – especially by reducing the enormous amounts of paperwork and bureaucracy created by healthcare system data. Advances in distributed ledger technology can eliminate this paperwork while automating compliance reporting. Intiva Health’s platform ensures that licensed medical professionals can store and control access to credentialing documents in one place. Intiva recently said that it is building the next generation of its technology on top of the hashgraph distributed ledger technology. This could lead to the healthcare industry’s first dedicated careers platform which would handle the ongoing credentialing of doctors, nurses and other healthcare professionals. The hashgraph platform was apparently chosen because it was viewed as being the only one that could meet the stringent security requirements for personal data required by the healthcare sector. But uses cases are not limited to the public sector. They also extend to other walks of life, including the creative industries. His aim is to cut out the middleman and secure direct payment for artists via a cryptocurrency wallet. Budding artists will be able to post their music and host live performances on the site, where fans can watch and engage with them. Artbit says it will also use some form of gamification and augmented reality. There will be a cryptocurrency involved, but it is not providing further details of the ICO just yet. Artbit is aimed at all sorts of creators, not just musicians. People like Shepard Fairey, the artist perhaps best known for his HOPE poster depicting Barack Obama, who is another famous adviser to the project. And just to finish by blowing your mind, what happens when next-generation blockchains combine or converge with artificial intelligence? In New York, a company called MZ (formerly Machine Zone) announced it is using the Hedera. What does that mean? It merely combines decentralized computing with access to the Internet of Things everywhere always in real time! CEO Mance Harmon described the new Hedera logo this week as the H-bar.
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The future of distributed consensus mechanisms just got even more interesting.
Graph Grail is a platform that handles linguistic analysis. So how is Graph Grail going to improve on today’s limited data mining? Graph Grail is developing an AI that has the capability to handle processing data sets more efficiently and with more features then existing linguistic technology. The Graph Grail AI goal is to make a linguistic processor that will prepare, clean, build models and learn. The Graph Grail AI is supposed to make linguistics less labor intensive, meaning less proficient users should be able to achieve more accurate results then with current linguistic/data mining functions . A decentralized application (dapp) is under way as well, in which money can be made on the platform. On the Graph Grail official website http://www.graphgrail.com there is a pop up for making your own NLP applications. I mistakenly thought NLP meant neuro linguistic programming, as that is a common use of the abbreviation. I would like to thank Graph Grail for clarifying that point. As it pertains to Graph Grail NLP stands for Natural Language Processing. If Graph Grail can make a linguistic data processing AI that takes less training and maintenance then I can see how it would be a successful platform. I think Graph Grail is an interesting project, though I’m not sure how to classify the risk factors. Data mining is a substantial industry, so the competition would be steep…then again, if Graph Grail could manage to show superior capabilities to current technology… I recommend everyone interested have a look for themselves and form their own opinion…but don’t wait too long… Graph Grail website http://www.graphgrail.com The GraphGrail Ai GAI Token is utility token and acts as internal currency in the system. Tokens are paid to data markers for their work. Tokens are also paid to the testers and voters for the model - delegates, who monitor their quality and community. The ecosystem is maintained by the supply/demand balance of services and orders from business clients. The more clients, the more people working on data annotation, the greater the scope of segments, each of which requires custom language models. To access the platform, a business representative must buy from 5,000 to 10,000 Tokens on the exchange. Thus, liquidity is withdrawn from free circulation. A business can spend the Tokens on purchasing internal services on the platform, such as data collection, cleanup, tagging, custom settings for training neural networks, etc. TEAM aims to build a universal “Contribution Graph”: a verified, distributed & immutable register of projects & who contributed to them. Such a system can answer the following question: Who contributed what, where? “Linus Torvalds created the Linux Kernel” or “Brian Chesky co-founded AirBnB in 2008”. Such a register can be of tremendous value to the creative professions in the Open Source and Startup communities. There are 3 main components required to build such a graph: People, Roles & Projects. “CTO”, “Designer”, “Developer”) form the edges linking together People & Project nodes in a graph.
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Project & Role descriptions are reached by voted consensus among the People participating in a project.
Blockchain technology offers a couple of interesting properties appropriate for a project like TEAM. The following are the core characteristics TEAM requires to work: IMMUTABILITY, TRANSPARENCY and DECENTRALISATION. IMMUTABILITY is achieved by storing Roles as contracts or transactions in the blockchain. TRANSPARENCY is achieved through a voting process to define project descriptions and roles: all project members need to agree for changes to be made. The blockchain transaction history serves as a transparent representation of how a consensus was reached. DECENTRALISATION of identity verification is desirable long-term and can be achieved through collaboration with projects like Civic. ICO: The Public ICO started on September 1 2017. The ICO goal is to raise 1M USD, equivalent to a small startup seed-round. The ticker symbol will be TMC and the TeamCoin token will be a standard ERC20 token. The token is a utility token that people will use in the network to pay for initial identity verification and vote on project and role descriptions. The token will be tradable immediately after the ICO ends and usable in the TEAM network in Q4 2017. PRE-SALE (FINISHED): Pre-sale discounts will be available for early investors. Discounts will be announced in email or online chat channel with both WhatsApp (West) & WeChat (China) options available. The timing an conditions of the pre-sale event will be announced by email so make sure you signup now! If you want to participate in the pre-sale event you will be asked to transfer a non-refundable amount of BTC of your choice. The order of pre-sale invitations and the discount will be based on the amount of BTC sent in the initial pre-sale transaction. Once you have been accepted as a pre-sale investor you will receive email instructions for how to get in. Your request has been sent. We will contact you asap. 99% of all ICOs use Telegram as a channel to interact with their communities. This means that we can measure the strength of ICO communities by measuring how big these ICO Telegram groups are. Below, you’ll find the web’s most extensive list of Telegram groups for tokens and ICOs. Every 15 minutes, we track the number of members in 2000+ Telegram groups for tokens and ICOs. This is the Telegram Tracker. Think of the Telegram Tracker as giving an indication of hype: the more new members, the more hype. Below you can see the change in number of members in the last 24 hours. The graph updates every hour. You can see when it was last updated – in UTC+2 (Paris time).
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Submit your ICO here! Telegram Tracker for Tokens and ICOs Are your more interested in the absolute numbers? That is, how many users are in the groups right now? And with continued care at home, they should share your address for many years to come. Now for your owner’s manual… Based in Oxford, UK, Coinschedule is one of the first and most established ICO listing and cryptocurrency portals in the world. Launched in 2016, our mission is to make it easy and safe for people around the world to join ICOs. Our unique Trust Score system, utilises Artificial Intelligence and allows ICOs to show how trustworthy they are to potential investors. It encourages ICO projects to provide transparent information about their team, their project and legal structure. Graphico works with either Java or C++. The design of Graphico is based on OpenGL. Two independent Java versions of Graphico exist. The first version renders to a Java image that can be displayed in a Java application or any internet browser capable of executing Java 1.1 code. The second version uses Java 3D for increased performance. The C++ version uses OpenGL. See Overview for more details. Any individual or groups of persons interested in finding out the real-time outcome of a particular event (present or future), based on community sentiments surrounding that event. For instance, an artist seeking to know if a music concert is favored by her fans. The bar chart at the bottom displays the total dollar amount raised in each month (details below). It seems like this should be an easy question to answer. After all, blockchains are open data layers that contain a complete record of every transaction ever made. However, we’ve found the answer to this question to be surprisingly elusive. We surveyed the web for data on token sales and turned up over 100 ICO listing sites. Estimates on the total dollar amount that has been raised via ICOs to date range from about $3.5 billion to $4.5 billion. Why such a big discrepancy? As far as we can tell, all of these estimates rely strictly on reported figures – either by the ICO issuer itself or by another third party. There is nothing wrong with this approach. Many data providers in the financial world collect their information this way. However, why rely strictly on reported figures when the actual transactions are available directly from the blockchain?
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We decided to estimate the size of the ICO market ourselves by going directly to the source.
The figures in this post are based on our own deep dive into the Ethereum and Bitcoin blockchains. We searched for every token, crowdsale, and multisig wallet we could find. We then identified the corresponding owners and added up the total amount of contributed funds – taken either from the blockchain itself or as reported by the fundraiser. In total, we estimate about $6.4 billion has been raised via ICOs to date - materially larger than what is being reported elsewhere. Perhaps more surprising than the fundraising total is the trend over time. The ICO market is not dying down, as many have reported. It’s still growing. This chart is a labeled version of the one at the top of the post. It shows the ICO fundraising amounts by month. Contrary to the commonly heard narrative that the ICO party is coming to an end, ICO fundraising in November was only slightly off its high point the month before. The current run rate of over $1.3bn per month surpasses traditional early stage fundraising by a multiple. Angel and seed-stage VC investments were running at less than $300 million per month as of July (Goldman Sachs via CNBC). The trend is even more stark when you look at the total count of ICOs that closed each month (minimum raise of $100k). By this measure, the token sale market is not only still going strong. November set a new record for number of closed token sales with 148, an increase of 36 compared to the month before. We view this metric, the number of token sales, as a better gauge of market activity than the fundraising total. For example, just two ICOs (Tezos and EOS, which raised $236m and $200m respectively) account for nearly half of July’s total fundraising. The number of ICOs completed each month shows a much clearer trend, and one that shows no sign of slowing down. To play around with the graphic yourself, click here to view the interactive bubble chart. In the coming weeks, we will be posting more data-driven insight into the token sale market. If you liked this post, sign up below to receive the next one in your inbox. Blockchains are not designed to be read by humans. We want to make the crypto-universe a more transparent place. Thunder Token is a new crypto token that has high throughput and confirms transactions in seconds. This is enabled by a paradigm-shifting blockchain protocol, developed by leading experts in cryptography and distributed system, and accompanied by a rigorous mathematical analysis of security. , 12”, Maxi-Single, Stereo Token sales and initial coin offerings (ICO) were certainly the hottest buzzwords of the year for thousands of recreational cryptocurrency enthusiasts and seasoned investors alike. But have you ever wondered precisely how much money was poured into this trend this year? There’s a visualization that can give you an idea.
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Cryptocurrency startup Elementus has compiled a nifty animated visualization that shows every token sale that has successfully raised at least $100,000 since 2014.
The graph also displays the entire cashflow that went into these ICOs, with detailed month-by-month information for the past four years. As you will notice in the video below, following some minor activity for the first three years, all hell breaks lose around May 2017. You can see tens of ICOs kick off around the same time, securing millions in financial backing from cryptocurrency enthusiasts and investors. “We searched for every token, crowdsale, and multisig wallet we could find,” wrote Elementus founder and UPenn adjunct lecturer Max Galka. Those curious to have a deeper look into the data can head to this page, where Galka has made an interactive version of the same visualization.