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2gether launches 2GT utility token internationally on Bounce

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The past few months has seen the cryptocurrency market perform better than most traditional assets out in the world. This positive sentiment has been a key factor contributing to new developments and innovations in the space. 

2gether, the popular collaborative cryptic trading platform, was the latest player to shake things up in the industry with the listing of its 2GT token on Bounce, a decentralized platform that specializes in auction style ICO’s and NFTs. The ETH generated from the Bounce trades will be utilized for the 2GT/ETH liquidity pools on Uniswap.

According to reports from within the company, 2gether will be issuing 10 million 2GT tokens for a week before issuing the token on Uniswap sometime between March 5-12. 2gether further informed us that over the past few years the company has distributed over 20 million tokens to users. Since 2gether’s launch three years back, over 50 percent of its users are counted as designated founders. 

The cryptocurrency market’s growing relevance was again evidenced when 2gether statistics showed an 83 percent rise in 2GT trading between December 2020 and January 2021. Rising trading figures even during a pandemic was proof of the community’s confidence in the platform. Over the past three years, 27 million 2GT tokens worth $1.6 million were purchased off 2gether.

Ramon Ferraz, the CEO of 2gether had said:

“Over the last three years, 2gether has been working on increasing the utility of the 2GT token to further develop our Founder’s Plus Programme and beyond, while emphasizing compliance with the European Commission’s regulatory frameworks with the guidance of the crypto-specializing legal experts at Uría Menéndez’s Digital Law Group. The crypto boom of the last few months has empowered the company to succeed in its token issuance mission, and the 2021 roadmap brings new initiatives and projects that will add new layers to the 2GT’s utility.”

To put things into perspective, 2gether has been building its token utility since the end of Bitcoin’s 2017 bull run. The company has gone about achieving its functionality goals by envisioning the Founder Plus Programme at its core. Each part of the 2gether membership level comprises its own levels that can be scaled by purchasing or earning 2GT tokens. Users and fans of the platform rejoiced when it announced that interested parties from outside Europe could also conduct trades.

2gether added that the 2GT tokens will also be issued on Uniswap soon by utilizing the proceeds from the current Bounce issuance. An exact 50 percent of the ETH prceeeds will be directed towards 2GT/ETH liquidity pools. Additionally, users who stake their 2GT/ETH in the Uniswap liquidity pool will receive a 0.3 percent yield reward. Uniswap was not the only place where users could handle their 2GT tokens as other external wallets have also been given permission. 

 The token launch was one step in taking 2gether towards the mainstream realm. The platform currently operates in 22 countries with a user growth rate of a whopping 500 percent. Sources close to the company are hoping that the tie-up with Bounce will only enable it to better the burgeoning cryptocurrency ecosystem. 

Bityard Doubles Down on Copy Trading as Users Excitement Reaches All-Time High

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The cryptocurrency market went through a resurgence recently when the price of Bitcoin seared its all-time highs, with investors ringing in the dawn of a new positive sentiment. This event was made even more spectacular with Bitcoin and the rest of the altcoins maintaining their price points for weeks on end.

In the midst of this bullish atmosphere, organizations like Bityard have taken it upon themselves to improve the overall customer experience. The first step in this process was the launch of the native copy trade system where new entrants would be able to utilize the trading expertise of veterans.

Bityard made a name for itself in the cryptocurrency industry by launching products that cater to the explicit use of users. Adhering to the concept of “complex contract, simple trade”, Bityard has ensured that the latest developments are onboarded into their roster so that no trader is left behind in the lurch. The copy trading mechanism acts as a channel for experienced traders to interact with greenhorns and pass on their knowledge and trading methods.

According to Bityard, the copy trading feature greatly reduces the difficulties of contract trading on the platform. All they have to do is choose a trader whose actions they want to copy and voila, the trade patterns will be replicated. In an official release, the cryptocurrency exchange stated:

“On Bityard, when a user starts copying an advanced trader, there is no more action needed to take for the user afterwards. The trader who is copied will conduct an in-depth crypto investment strategy and start trading for all other users who copy the trader. The appearance of Bityard copy trade function also helps beginners to learn advanced investment strategy from either experienced traders to improve their skills and quickly enter the highest level.”

The copy trading feature includes levels within itself where traders are divided into two separate categories: ordinary merchants and star merchants. A merchant in the ordinary category will enjoy a copy trade commerce revenue of 8 percent while a star merchant will take home a 10 percent commission. Ordinary category merchants are required to complete their KYC authentication where the cumulative recharge quantity is greater than or equal to $500.

 

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Merchants in the star category have the opportunity to be promoted just based on how they impacted another merchant’s trade. Traders also have the option to directly become a star trade by following a few simple steps. The 10 percent of commerce revenue is one of the highest in the industry with Bityard continuing to stick with the ‘user first’ strategy. The aforementioned features is one of the few things that make Bityard alluring to investors and traders alike. Bityard further assured users that more developments are in the pipeline as more people contemplate entering the industry.

CryptoLocally Sets Up GIVernance Model to Utilize Full Power of GIV Token, Becomes Fully Decentralized P2P Exchange

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The cryptocurrency market has shown that innovation and catering to the needs of users are key factors to stay afloat in the industry. Keeping up with this sentiment, organizations like Cryptolocally have taken it upon themselves to raise the bar in terms of developments.

Just recently, the cryptocurrency exchange announced the launch of GIVernance – an ecosystem model wherein participants will be involved in creating and voting for proposals related to CryptoLocally. With the latest update, Cryptolocally will become the world’s first fully decentralized P2P exchange.

The latest crypto bull run has forced a majority of the world to sit up and take notice of the cryptocurrency sphere. With prices shooting up, it became important to provide services that would resonate with the quality and accessibility of the industry. CryptoLocally chose this opportune moment to kick start the next evolution of its GIV tokens with GIVernance.

According to the organization:

“It [GIVernance] gives GIV holders the power to participate in creating and voting proposals that determine the direction of the development of CryptoLocally’s ecosystem. Those who choose to participate are only required to stake their GIV tokens. In fairness, greater weight is given to voters with higher voting rights. Initially, token holders will have the right to approve token listings, modify the utility of the token, and suggest governance model improvements.”

Hugo Campanella, co-founder of CryptoLocally, claimed that the launch was a major milestone for the company as well as for the entire virtual asset world. Cryptolocally aims to provide users with a unique, decentralized solution. All voting rights will be able to offer GIV holders the ability to choose which particular token needs to be added to the platform. Some of the other expected features include users having the ability to choose the level of inflation and to vote for proposals submitted by other community members.

The vast repertoire of features provided by CryptoLocally has stirred the conversation pot among users. Many opined that the development is a massive step in the right direction for the cryptoverse as a feature-laden trading area was just what users were promised. The adoption movement was kickstarted when CryptoLocally added a DeFi feature with its Finance Wallet. This was intended to build upon the native token [GIV token] utility features integrated within the platform.

 

TronPredict Aims to Push Boundaries of Crypto Industry with New Developments and Functionalities

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The Tron ecosystem has been one of the most active groups in the entire cryptocurrency industry, and most of it is due to the rapid development and expansion of dApps. The families of various dApps form the base for a fledging industry in the throes of a massive breakout.

TronPredict is one of the few decentralized applications currently available that marries usability to a sustainable trade market. The application is used to predict price movements of cryptocurrencies such as Tron and to earn rewards for stalking their closing prices. Tron’s popularity and market needs make TronPredict a great fit for the current crop of traders.

According to TronPredict, users need to be their own master while trading cryptocurrencies. This allows them to create a trading world for themselves, thereby spreading the world and bringing in more people to the TronPredict roster. The predictions conducted by TronPredict are made using weekly and daily cycles which provides a much more real comparison base for prices. TronPredict is hosted on Tron’s native peer-to-peer InterPlanetary File System [IPFS] while the smart contract works on the Tron Network blockchain. 

The dApp works by integrating the user’s browser, the IPFS, and the Tron network at the same time. TronPredict’s technology structure is a key element that brings the entire trading system together. Trading on TronPredict works by pooling all the stakes together into a staking pool which in turn is controlled by a smart contract. The TronPredit website states:

“When the closing price for a crypto asset is determined (by an oracle) for the chosen point in time, the smart contract determines correct and incorrect predictions and rewards users (with TRX) who made correct predictions, from the staking pool. The value of the reward is determined by the amount of TRX in the staking pool of incorrect predictions for a specific asset.”

The system first records the opening price of the cryptocurrency asset and then measures the closing price to formulate the optimal trading sequence.  Each cycle has its own closing date and time to be followed by a dot. All users have to make a prediction by entering the stake amount and selecting one of the prediction offers provided. Multi-factor authentication is used to confirm the process with the user first having to say yes on the app as well as on the TronLink wallet.

Rewards play an important role in the trading ecosystem with a lot of users being drawn to the characteristic. Tron Predict says:

“ Each percentage reward for a user is calculated based on the total value of TRX  in the stake pool of incorrect predictions for a specific asset against the total value of TRX in the stake pool of correct predictions.”

Once a user claims their rewards, then it can be withdrawn from the smart contract. Users also need to understand that the final payout is the sum of the initial stake and the latest reward. 

TronPredict assured its users that a fair trading ecosystem was the best way to take the world of virtual assets into the mainstream realm. To create a more diverse and feature heavy sectors, TronPredcit also has its own Affiliate Programme up its sleeve. The programme is aimed to empower individuals or organizations to create their own instance of TronPredct using the native codebase. Users and fans of the dApp are eagerly waiting for the affiliate programme to launch so that the dApp can surge ahead of its compatriots. 

Tron-Europe Wants to Blow the Crypto Roof as TERCium-Force Introduces Noble, Magister, Lord and VIP levels

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The Tron ecosystem has been one of the few sectors of the cryptocurrency industry that has always been active in new developments. Out of several players in the area, Tron-Europe has been one of the standout performers with several new launches to its credit.

The launch of TERCium-Force by Tron-Europe had shaken up the Tron community not just because of the sheer number of use cases but also its real-world applications. The organization has repeatedly stated that TERCium-Force is the backbone of the TERC community with users benefitting from the ecosystem.

Tron-Europe officials have told TWJ that the main intention of the launch of TERCium-Force is to build a completely decentralized cryptocurrency ecosystem. To ensure the organization gives back to its users, TE has also kick-started its special VIP channel that will allow select customers to browse through new features. These VIP customers will also have access to Special Holder Bonuses with users reportedly enjoying a significant increase in their holder rewards. 

Tron-Europe was delighted to inform users that they were also launching their native TERCium World, where the holders could benefit from a plethora of new trading options. If the user holds 50,000 TERC, the user will be given the rank of TERC-Knight. This status enables users to earn 10% extra Force bonus, creating a win-win situation for both parties. The ranking list stretched onto four more levels: TERC-Noble, Magister of TERCium, Lord of TERCium and VIP Force.

The TERC-Noble rank is given to any user who holds 125,000 or more TERC tokens. This rank also gives users the privilege of earning 20 percent bonuses. Users who have 250,000 TERC tokens hold the Magister title of TERCium and can draw bonuses of up to 30%. The highest level in rankings is the status of ‘Lord of TERCium.’ These privileged users can earn up to 40 percent of Force Bonuses. Becoming a Lord is the last step in becoming a VIP Force member where users hold over 1 million TERC tokens and can earn bonuses upto 100 percent. 

TERCium-Force users need not worry about the hassle associated with withdrawing funds as the bonus deposits are made automatically. Users can also register themselves on the World of TERCium Telegram channel where their credentials will be provided by the administrator. The ease with which users can access their funds is of fundamental importance to the TERCium-Force community. Officials close to its developments wholeheartedly feel that the aforementioned bonus programs will be the stepping stones for people to get fully involved in the world of TERCium. 

Phoneum Shoots for the Stars as Cryptocurrency Company Believes Moving Forward is of Paramount Importance

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The cryptocurrency market has reached a tipping point where companies are committed to ensuring stability and offering new products to users in order to improve their trading experience. Cryptocurrency organizations have taken it upon themselves to create new entities that comply with the latest privacy and development standards.

Out of all the players in the industry, Phoneum was one of the few to make waves like no other. Phoneum, first launched in 2017, is now capturing the market’s interest due to its strict policy of listening to its customer base.

For the uninitiated, Phoneum is a mobile-only cryptocurrency designed to provide the user with a simple and streamlined process. One of the main objectives is to ensure that the ecosystem allows fresher and expert input so that the community can grow unhindered. Phoneum first started as a cryptocurrency mining-only, after which it moved to what it is today.

After its launch in 2017, the company made a breakthrough in 2018 when it launched an updated version of the Phoneum application. In the latest update, Phoneum would categorically mine tokens according to the mobile capacity of the user. This was done to ensure that there was no surcharge and that mining was done efficiently. Phoneum currently works on a customer algorithm and blockchain structure that caters to all mobile mining needs.

Phoneum officials have informed users that API integration is of the number one priority as it is the first step in creating a holistic cryptocurrency ecosystem. According to the Phoneum website:

“We expect integration with our API to be as simple as possible. In addition to comprehensive documentation, you will find resources and tutorials for developing your product on the Phoneum Platform which is coming soon.”

Phoneum has also integrated its native PHT wallet into its system which is designed to deliver a simplified user experience to its customer base. The wallet is based on the Tron blockchain and is also fully compliant with the Tron mainnet. Phoneum customers were in for a treat when the Phoneum miner evolved into Cloud Earning PHT. With the release of Cloud Earning PHT, users were no longer required to keep the internal application running all the time.

The company has also set its sights on the gaming industry, which was evidenced by the launch of Crypto Treasures. The game will test the player’s ability to complete various quests, trivia, and challenges. The end result of these games will determine how much Gold the user unlocks. Apart from Gold, players also have the chance to unlock PHT, the native Phoneum token.

Bololex Ups Ante as BOLO Token and Airdrop Wheel Continue to Make Waves in Cryptocurrency Market

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The cryptocurrency industry has come a long way from the days of light trading with the ecosystem brimming with investors and opportunities. In the midst of this constant flux of developments, cryptocurrency organizations have been trying to keep things interesting by providing new features and improvements.

One of the companies enjoying their time in the limelight is Bololex, a popular cryptocurrency trading platform. Bololex operates under the tagline of “Instant and unlimited trading for everyone” with its officials striving to engage the market alongside the latest offerings.

Bololex was launched in May 2020 with the aim of providing a safe and seamless cryptocurrency trading environment. The Russia based exchange has targeted users across the globe but a large concentration of its base resides in the United States and Brazil. Bololex prides itself on the intense security procedures it follows, an aspect that has become increasingly important in the digital asset world. 

Users on Bololex may opt for non – mandatory KYC submissions and carryout their trading requirements. According to the company, non-mandatory KYC submissions make it easy for users to conduct instant transactions. Customers can be assured that their capital is safe and sound, as Bololex follows two-factor authentication protocols and reduces the risk of attack. Bololex is also known for its airdrops, which it conducts in interesting formats.

In August, users on the platform were in for a pleasant surprise when it announced the launch of the Bololex Airdrop Wheel. The feature has its eyes set on gamifying a common feature so that the company can attract new users to its fold. The airdrop wheel works in a very simple way: a registered user spins the wheel on the screen and whatever gift lies on the fallen sector of the wheel goes to the user. Its popularity was complemented by Bololex’s co-founder who said:

“Airdrop wheel is a unique feature,it redefines the concept of free airdrops. It is both fun and engaging experience.”

Bololex’s surge in popularity can also be owed to the BOLO token, which has been making waves in the cryptocurrency industry. The BOLO token is based on the Stellar Lumens blockchain with a total supply of 10 billion tokens. With a focus on the gamified voting system, the BOLO token serves as a utility token on the Bolonex exchange and ecosystem. Reports also suggest that the BOLO token will also play an important role in a proposed Bololex loyalty program. Sources close to the company have said that the token launch as well as the airdrops will act as important stepping stones towards large scale adoption. 

Wisenex Review – a Simple and Affordable Online Platform for Exchanging Digital Assets

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With the development of the crypto market, there has been more evidence of the advantage that cryptocurrency is used in everyday life. The advantage of cryptocurrencies is that Cryptocurrencies allow you to make money transfers faster, lower transaction costs compared to bank transfers. At the same time, however, users continue to face problems relating to the introduction of cryptocurrency in traditional sectors of the economy.

Many companies provide services for exchanging and storing cryptocurrencies. Though there are still a lot of concerns for the customer. Among the key problems are the following:

  • Security. Storing funds on exchanges is not safe. Users, who care about the
    protection of their crypto assets, have to suffer inconvenience when they bring
    funds to the exchange, make an exchange and withdraw to their cryptocurrency
    wallet;
  • The lack of fiat payment. Only a few of the trading platforms support fiat-crypto
    payments. Most platforms do not support trading in pairs with fiat;
  • Unsecured exchange. The number of crypto exchanges exceeds several thousand, but only a few of them fully comply with the law. Illegal crypto exchanges cannot provide legal protection to users in case of failures and other problems arising from the exchange and storage of digital funds.

Wisenex‘s Cryptocurrency Exchange Platform

Wisenex has created a convenient cryptocurrency exchange platform that solves these and other problems when working with digital assets. On the Wisenex exchange, users can easily and quickly buy the most popular cryptocurrencies with credit cards, such as BTC, BCH, ETH, LTC or USDT stablecoin.

On the Wisenex exchange, Users can exchange cryptocurrencies online at a low rate and without hidden fees. All information is immediately available during payment, so there is no need to search for additional information in different sections of the site, as it happens on some exchanges.

It is quite easy to buy bitcoin with Wisenex: you need to choose a currency, specify the transaction amount and payment method, and register a bitcoin account. Transactions are fully automated and protected by advanced encryption methods.

Cityuptake Sets Eyes on Transparent Reward Structure for CU as Benefits of Tron Ecosystem Get Exemplified

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The cryptocurrency market has always provided a competitive playing field to get the best out of organizations and their developments. This sentiment has also seeped into the world of tokenization as well, where individual tokens regard their pricing as the most important factor.

Cityuptake has been one of the few companies providing a consistent token foundation for its users as users of the CU token have always held it in high regard. Established in 2018, Cityuptake has come a long way in setting up a token ecosystem that can be seamlessly utilized for trading and procuring goods.

Staying on the Tron ecosystem, Cityuptake has managed to garner a massive following with users thronging its folds to be part of a legitimate trading ecosystem. One of the biggest highlights of Cityuptake and the CU token is its popular reward system. Coupled with the balance of risk and reward, users are given a myriad of options to invest their hard-earned capital. 

To put things into perspective, each CU token is equivalent to 1.35 TRX where 1 TRX gets an allocation to the Tron Super Representative portfolio. Cityuptake keeps a keen eye on building the community as a whole, hence, 0.25 TRX gets allocated to the CU trade desk while 0.1 is set aside as project fees. While this distribution is seen as a step in the right direction by the company, some users claim that it might have an adverse effect on the pricing of the token. 

One of the biggest challenges that the Cityuptake faces is the sentiment surrounding the reward model. A lot of users miss out on the fact that the CU token holds a constant value at 1.35 TRX at a time when other linked tokens fluctuate depending on the cryptocurrency market. A recent analysis of the trading market showed that the CU token was outperforming its peers left, right and centre. 

A weekly analysis of CU and its compatriots shows a clear distinction in performance. CU’s trading volume has seen such a resounding spike that it has overtaken its closest compatriots such as ZLF and NOLE. On July 25, CU held a trading volume of a whopping 147,000 which indicated a renewed trust in the token’s capabilities. Users will be able to redeem their CU for TRX as and when they please. To complete the holding CU will be available on the Nolex exchange for ease of procurement. 

Sources from within Cityuptake told TWJ that the CU token has maintained a stable peer to peer resell value of between 1-1.35 TRX since its inception. To ensure that customers are provided with the best experience, Cityuptake strives to establish an upper and lower limit so that the 1.35 TRX conversion rate is achieved.

The 1:1 link between CU and TRX tokens is the core reason for the token price staying stable in the midst of several changes. Cityuptake entrusts its agents to enable users when they enter the field, a relationship that has enormously helped the company. Holders can obtain CU tokens at 1.35 TRX from these agents which keeps the token price at a standard rate. 

The lack of risk associated with trading CU tokens makes it a wonderful opportunity for new investors to enter the cryptocurrency industry. By integrating a reward process that is both transparent and beneficial, Cityuptake is on its way to becoming the gateway for many users in the Tron ecosystem.