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⤴ TrueUSD (TUSD) Supply Grows, TrustToken Project Attracts Key Round of Financing

TUSD is actively exchanged for Tether (USDT), allowing for an easier on-ramp to crypto trading. TrueUSD (TUSD), the fixed-price digital asset, has grown significantly - from just around 4 million tokens to the current climb to above 62 million tokens issued. Trust Token, the company behind TUSD, comes up with monthly accounts of the presence of the exact funds available.

The spike in supply from 43 million to 62 million tokens happened quickly. TUSD transactions are sometimes bundled, so it is unknown how the tokens are issued. Currently, all TUSD tokens are held in around 402 wallets, but they are quickly sent to exchanges. Etherscan reveals transactions of round numbers of tokens, from 300,000 to 750,000, increasing the supply quickly. The behavior of the TUSD wallet shows that tokens are being created, with the possibility of TrustToken having contacted large institutional investors. While TUSD shows organic growth with small transactions, those round-number, fast gains in supply are starting to recall the behavior of Tether (USDT), which minted its supply fast.

TrustToken Draws In Strategic Financing

For TUSD, the increase in supply coincides with the completion of a strategic partnership, drawing in $20 million from various institutional investors. The investors include Andreessen Horowitz, BlockTower Capital, Danhua Capital, GGV Capital, and others. The funds would go toward developing the tokenization of assets, starting with the TrueUSD project. It is uncertain if any of the funds went directly into TUSD purchases. However, the project is set to grow, and may become one of the influential sources of liquidity in the crypto market.
​​💥 What’s New With Lisk
Last we checked on Lisk they’d just launched a new version of Lisk Hub interface. Since then, it’s been full steam ahead and quite a bit more ground has been covered.
The month of May saw numerous developments and notable pieces of news. As we move toward the end of June, it’s time to recap and bring you up to speed on all the most relevant Lisk news.

🔧 Development Update
On May 24, Lisk celebrated the 2-year anniversary of its mainnet, quite old in crypto-relative terms. The team also made sure to highlight the fact that over 200,000 wallets had been created in the last month, no small achievement. 2 years into existence, and the Lisk Github remains as busy as ever.

On the development front, what interests most people is how things are going in the engine room, i.e. what progress is being made on Lisk core. As of June 15, Lisk core 1.0 is in beta testing and the team released this full status update. Here’s the thumbnail of it – recent QA efforts resolved a large number of issues, and the final round of beta testing shouldn’t take much more than a week to complete, thus paving the way for a testnet announcement.

EO Max Kordek also recently announced some organizational reshuffling that could have real implications for future development. The upshot of it is that Max and co-founder Oliver Beddows are redividing their responsibilities to manage only the part(s) of the project where their expertise will be most useful (interfaces and engineering respectively). The same post also mentioned that a mobile version of the Lisk app is in the works and a team is being assembled to tackle that.

Recent weeks also brought the news that Lisk was ranked third in a global public-owned chain technology assessment index by China’s Ministry of Industry and Information Technology (CCID). This was the first assessment of its kind in China, and if you’re curious about the methodology involved in this rating process, check out this post. Rounding out the development news was the release of Lisk Explorer 1.6.1, which included user interface fixes and minor functional improvements.

đź“Š Marketing Update
Since the relaunch (rebrand if you like) in February, Lisk has been continuing to build their brand behind consistent and professional marketing efforts. Lisk now has around 15 full-time marketing, community management and creative staff (with more open positions), and it shows. May saw the Lisk foundation web page launched. The slick, new page allows anyone to view its mission statement, spending forecast, and financials, and generally learn about the foundation. The Lisk website itself also now boasts a press and media page (and a downloadable kit), a professional and proactive step.

Lisk has also been extremely active in terms of recent conference attendance and participation. The last few months saw them with a presence at Chainges, Consensus, JSconf, WeAreDevs, and the Blockshow. More conference appearances and meetups are on the books, including Tech Open Air (which Lisk is sponsoring). Getting to a lot of events is a solid strategy for recruiting new talent and, of course, continuing to promote Lisk. To check the full schedule of upcoming events 👉 click here.

👬 Community Update
By all accounts, the Lisk community remains healthy despite some of the travails of the last 6 months. Lisk’s Reddit has close to 30,000 members and the LiskHQ Telegram channel is pushing 5k subscribers. Management seems to listen to legitimate feedback and are pushing a variety of initiatives and giveaways that recognize the value of the Lisk community. The continued frequency (and popularity) of Lisk meetups is another positive indicator on the community side of things. In May, Bloqspace conducted the very first Lisk workshop in San Antonio.
EARN FROM PROPERTY. ENJOY INSTANT, MONTHLY DIVIDENDS

Global REIT is the first ever blockchain based real estate investment trust. It will work on the same mechanism as a traditional REIT but will offer additional benefits including monthly dividends, future access to all Assets Under Management (AUM’s) and Fund Management Income.

We will provide investors with dividends within the first year and will reduce the barriers to entry associated with normal REIT’s.

Our ICO will help us raise the funds necessary to purchase our first asset in the UAE before expanding globally.

The ICO will offer Dual Utility tokens to its subscribers.
1. Global REIT Fund Manager Token (GREM)
2. Global REIT Asset Token (GRET)

This means that each subscriber will receive a share in the Fund Management Company (GREM) returns and the Asset Owning Company (GRET) returns besides the utility attached with both tokens. Ethereum (ERC-20), Bitcoin (BTC) and Fiat Currency will be accepted for subscription to these tokens and in return, the dividends will be paid in USD and USDT (Tether).

Pre ICO : 1st may - 31st May
ICO : 1st June - 30th June

Website: https://www.globalreit.io/
ANN THREAD: https://bitcointalk.org/index.php?topic=3341986.msg34966361#msg34966361
Telegram: https://t.me/GlobalReit
🚀 OEL Foundation
The supply chain industry generates over 13% of global GDP and is the lifeblood of the global economy. Innovations in this industry drive savings to every business and consumer on the planet.

Trillions of dollars are spent every year transporting everything from raw materials to finished goods, and every year billions in value is lost due to delays and disputes, driving up transport costs and slowing the cash flow cycle. The largest brands in the world lose 1% of revenue they can never invoice without proof of delivery to retailers, and transporters wait weeks to be paid.

The industry is ready to move to a blockchain-based platform that provides real transparency and proof of activity. This will allow every participant to invoice and be paid faster, grow their business, improve service and lower costs.

The Open Enterprise Logistics (OEL) Foundation and Alliance has been established to provide a standard Enterprise Architecture for all supply participants to build logistics dApps and blockchain-enable their technology.

Early adopters have already achieved real-world success, with Alliance member OpenPort becoming the first in the world to sell a blockchain-powered transport invoice on the AssetChain marketplace. https://bit.ly/2GqoBHD

OEL Alliance members are acting now to remove the paper trail, create trust and liquidity, and bypass intermediaries.

Members – from the largest shippers to the smallest transporters – will use the OPN (“open”) token to fuel the ecosystem behind one of the largest industries in the world. The TGE for OPN is a chance be part of an enterprise project that will change how goods and payments flow through the supply chain.

Website: https://oel.foundation/
Telegram: https://t.me/OELFoundation
ANN thread: https://bit.ly/2l986r8
​​Bithumb has been hacked. Cryptocurrencies worth $30M have been stolen. The losses will be compensated by the exchange. Crypto deposits/withdrawals & KRW withdrawals, are suspended.
​​CRYPTOCARZ IS THE WORLD'S FIRST BLOCKCHAIN-ENABLED VR RACING EXPERIENCE

CRYPTOCARZ IS A MULTIPLAYER, VIRTUAL REALITY (VR)-ENABLED RACING EXPERIENCE, DEVELOPED USING THE ETHEREUM BLOCKCHAIN.

To play, users will have to load the car assets into the game from an Ethereum wallet, where they are stored as an ERC721 token. The ERC721 token has paved the way for a new class of digital assets called non-fungible tokens (NFTs). These allow users to own, customise and maintain control in the
same way as in the physical world.

Blockchain Studios contends that this new asset class opens up new opportunities for user engagement and ownership. We believe that the first wave of innovation will come from gaming. CryptoCarz is the first platform to bring together blockchain, VR and gaming technologies. By giving gamers new options to visualise, own, adapt and race their own car, we think a new era in gaming has arrived.

WE BELIEVE GAMING IT WILL BE TRANSFORMED BY THE RISE – AND INTEGRATION – OF THREE TECHNOLOGIES: BLOCKCHAIN, E-SPORTS AND VR.

Each of them, independently, represents a paradigm shift for game development and consumption. Their attributes will make technology more individual, inclusive and immersive. The combination of these technologies will give rise to new scenarios, where gamers can own, modify, trade and play in an unprecedented way

THE CONCEPT

Cars, gaming and cryptocurrency are shared passions at Blockchain Studios, so combining them was a natural choice when we started working on CryptoCarz. We see strong synergies between the cryptocurrency community and gamers and we believe there is a market for a game that blends racing, cryptocurrency and blockchain technology. CryptoCarz is a multiplayer, fully immersive, VR-enabled racing experience, powered by the Ethereum blockchain. To race in the game, a user will have to demonstrate ownership of a car that is modelled and stored as an ERC721 Ethereum token in the gamer’s private wallet. The car will then be loaded into the game via integration with MetaMask and other proprietary tools

The game will initially offer 20 car models representative of the top cryptocurrencies. Each model will have a maximum of 650 units, hard-coded and numerically defined in the smart contract.No further cars in these models will be produced in the future.

Links:
Telegram Group: https://t.me/cryptocarz
Website: www.cryptocarz.io
Whitepaper: https://www.cryptocarz.io/docs/CryptoCarz_WP.pdf
One pager: https://www.cryptocarz.io/docs/CryptoCarz_1P.pdf
Twitter: https://twitter.com/cryptocarz
Medium blog: https://medium.com/@cryptocarz
​​TRON (TRX) One Day Before the Launch: Will it Run Well Enough? 🚀🚀🚀
The TRON (TRX) project is counting down hours to migrating the digital asset to the new main network. The network has been running for months, but owners of TRX had to transfer them to exchanges first, to achieve the swap on June 21. Afterwards, the TRON project would open a tool for delayed registration. The TRON network launch is a long-awaited event, coming on the tails of the EOS mainnet launch. Skeptics expect to see problems, once Super Representatives are given over the consensus and verification of the network.

But TRON has the advantage of running a testnet for a month, then the mainnet since May 31. Adding the governance layer, however, is seen as the bigger challenge compared to simple block production. For the TRON project, the run up to the next phase has not been without scandal. The Reddit community noted a faked hard fork being announced. Additionally, the tronix subreddit was hijacked by a rogue account, with an attempt to create an alternative TRON network.

In a now-debunked and suspended post on Medium, an announcement was made that a TRON hard fork would combine its technology with the Skycoin platform. The announcement turned out to be fake, and built panic and confusion on top of the recent Skycoin debacle, in which SKY digital assets were abducted and quickly dumped on Binance.

Despite the glitches, the TRX market price has increased lately. TRX is up 11% net for the past seven days, and the price is in the green again in the past day, rising to $0.047. TRX is still down by 50% net on a monthly basis, but optimism sees it rise to much higher levels once the network launches.

The success of TRX would also depend on how the network is used, and how much it manages to improve and offer a better ecosystem compared to Ethereum. TRON has initially positioned itself as a media and entertainment blockchain project. In a recent move, the TRON project acquired BitTorrent, one of the earliest distributed computing services for file and media sharing. Thus, TRON gains access to a user base of 170 million connected individuals. The acquisition price was $140 million paid in cash.

Based on TRON’s market capitalization of currently $3.1 billion, some believe the asset may be undervalued, due to skepticism of the network’s success, and the general downward trend on the market.
The data economy is broken. Large corporations hoard data for their own means, while small companies are left to pick from a collection of fragmented sources. This stalls innovation in frontier industries like Artificial Intelligence and Machine Learning.
At the same time, Data Vendors and Producers have little incentive to continue producing the authentic data these small companies need. This isn’t a sustainable model for the “new oil.”
Quadrant changes all that by providing a blueprint for mapping these decentralized data sources. Authenticity, provenance, compliancy, and fair compensation all rolled into a single protocol.
With Quadrant, everybody wins. Data Producers get compensated fairly every time their data is used, not just the first time it is sold. Data Vendors can prove ownership of their data products and earn status as a trusted supplier. Data Consumers get access to authentic and compliant data that they can use to power their data-driven businesses.
But where Quadrant really shines is the opportunity it provides the Elons of the world to solve global problems. Elons are the game-changers, the innovators that will find connections between diverse datasets that bring about fundamental changes in the way we live.
Quadrant is the future of authentic data. Get in on this revolutionary project while you can.

Quadrant is a blockchain-based protocol that enables the access, creation, and distribution of data products and services with authenticity and provenance at its core. The data economy is similar to space; unmapped and chaotic. Quadrant serves as the blueprint that provides an organized system for the utilization of decentralized data.

Learn more about Quadrant Protocol here:
http://quadrantprotocol.com
https://t.me/quadrantprotocol8
​​EOS Plagued with More Constitutional Crisis Following Mainnet Freeze
âť„ âť„ âť„

The initial excitement that came with the launch of the EOS blockchain has now turned into controversy and confusion. On June 16, 2018, ZyCrypto reported that the EOS Mainnet had suddenly frozen after just two days of its launch. In the latest development, the project’s 21 block producers, i.e., the people in charge of verifying transactions and validating blocks on the EOS network froze the EOS accounts of seven users who it alleges are bad actors that have succeeded in stealing other investors funds via unlawful means like phishing scams and other attacks.

However, many crypto enthusiasts have taken to social media to condemn the move, comparing it to Ethereum’s hard fork back in 2016 after the DAO attack. According to sources close to the matter, the action is also a violation of the EOS constitution which requires such decision to be made by only an arbitration organization or the EOS Core Arbitration Forum (ECAF).

The ECAF initially didn’t deem it necessary to order the block producers to freeze the seven accounts, but they suddenly had a change of heart on June 19, mandating the block producers to go ahead with the action saying they will explain the reasons behind their move to the community later.

It’s worth noting that even before the ECAF’s order could get to the EOS block producers, they had already decided to freeze the accounts on June 19, after initiating a conference call between block producers and arbitrators.
🚀 OEL Foundation
The supply chain industry generates over 13% of global GDP and is the lifeblood of the global economy. Innovations in this industry drive savings to every business and consumer on the planet.

Trillions of dollars are spent every year transporting everything from raw materials to finished goods, and every year billions in value is lost due to delays and disputes, driving up transport costs and slowing the cash flow cycle. The largest brands in the world lose 1% of revenue they can never invoice without proof of delivery to retailers, and transporters wait weeks to be paid.

The industry is ready to move to a blockchain-based platform that provides real transparency and proof of activity. This will allow every participant to invoice and be paid faster, grow their business, improve service and lower costs.

The Open Enterprise Logistics (OEL) Foundation and Alliance has been established to provide a standard Enterprise Architecture for all supply participants to build logistics dApps and blockchain-enable their technology.

Early adopters have already achieved real-world success, with Alliance member OpenPort becoming the first in the world to sell a blockchain-powered transport invoice on the AssetChain marketplace. https://bit.ly/2GqoBHD

OEL Alliance members are acting now to remove the paper trail, create trust and liquidity, and bypass intermediaries.

Members – from the largest shippers to the smallest transporters – will use the OPN (“open”) token to fuel the ecosystem behind one of the largest industries in the world. The TGE for OPN is a chance be part of an enterprise project that will change how goods and payments flow through the supply chain.

Website: https://oel.foundation/
Telegram: https://t.me/OELFoundation
ANN thread: https://bit.ly/2l986r8
​​👮 The first regulatory-compliant ICO trading platform to be launched by Prometheum

Prometheum, a blockchain ecosystem focused on adhering to regulations for the trading of cryptocurrencies, has entered into a partnership with Manorhaven Capital. Manorhaven is a company that provides registered brokerage services for wealth management. This is part of its effort to become the first legal ICO trading platform. They have also filed with the Securities and Exchanges Commision for registration. The registration in question is for an Alternative Trading System.


Prometheum, a blockchain ecosystem focused on adhering to regulations for the trading of cryptocurrencies, has entered into a partnership with Manorhaven Capital. Manorhaven is a company that provides registered brokerage services for wealth management.

This is part of its effort to become the first legal ICO trading platform. They have also filed with the Securities and Exchanges Commision for registration. The registration in question is for an Alternative Trading System ATS.

Aaron Kaplan, Co-founder, and COO of Prometheum said:

“Entering into a strategic partnership with a registered broker-dealer and forming our own ATS are core elements of creating a legal ICO trading platform. We’re excited to work with the Manorhaven Capital team to help clients conduct their own legal ICOs.”

The SEC is generally negative towards ICOs in general, with Chairman Jay Clayton stating that “most ICOs are securities” and that they will do their job and regulate them. This is reflected in their statement on trading of digital assets, where they urged investors to “use a platform or entity registered with the SEC, such as a national securities exchange, alternative trading system (“ATS”), or broker-dealer.”

The move of Prometheum into regulatory space is backed up by their compliance towards the Reg A+ standard. The Reg A+ is an alternative to a traditional IPO, made for smaller, early stage companies as a way to gather capital. Their own token, Ember, is filing for Reg A+ and will be used to trade tokens on the platform.

Kaplan went on to state that the company will be personally responsible for the due diligence and background checks for the ICOs on the platform. He also said that the company would allow tokens that weren’t issued on the platform to trade on the exchange, but only if they were issued in compliance with the regulation.

This may mark the evolution in the kind of exchanges we will see in the future, with a commitment to regulation and following the established security norms. Even as ICOs are being called scams and as cease-and-desist orders are being sent to fraudulent ICOs, a regulated ICO trading platform would remove the legal opacity on the matter.
Want to monetize your personal data you are producing every day anyway? How about selling it on the Opiria-Platform to companies worldwide and receive PDATA tokens in return that you can cash out for real money?

Why?
Because companies worldwide desperately need your personal data to understand your needs and requirements and to design better products and services that fuel desire. This is why personal data is the oil of the 21st century and a 250 billion USD/year industry. Today your personal data is being stolen from you by intermediaries and sold for big money to companies worldwide - and you get nothing in return.

We set out to change that. With Opiria-Platform & PDATA Token we make you and your data count! You own and control your personal data and Opiria-Platform enables you to exchange it with companies for PDATA tokens. You can sell your personal data such as your opinion about topics of interest, your feedback on how you use and like products and services, data about how you browse the internet, data from wearables and smart devices, smartphone usage, what you buy online and more … in return you receive PDATA Tokens that you can cash out for real money.

Who we are?
Opiria was founded in 2015 and has its headquarters in Ingolstadt, Germany, having an experienced team of developers and data analysts. Opiria is a strong partner for many Fortune500 companies worldwide including Mercedes-Benz, Audi, Volkswagen, GM and BMW. Our vision is to directly connect consumers and companies worldwide and to become the world´s largest decentralized personal data marketplace.

Links:
Website: https://opiria.io/
Medium: https://medium.com/pdata-token
Twitter: https://twitter.com/PDATA_Token
Facebook: https://www.facebook.com/pdatatoken/
Youtube: https://www.youtube.com/channel/UCHlYIEsxIhTVwVCxxr_JTXw
ANN Thread: https://bitcointalk.org/index.php?topic=3076122.new#new
Reddit: https://www.reddit.com/r/PDATA/