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Essential real-time crypto news and market updates. More analytical content is now available on Twitter β€” x.com/CryptoDiffer

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πŸ—£ Official Public Chat EN t.me/+WTlxau7ntrkUOEx1
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⁠❗️Dear community, CryptoDiffer will hold an AMA with VITE on the 11th of December at 12:00 PM UTC in the CryptoDiffer Telegram Chat!

10 best questions will be rewarded $10 each!
(Questions from previous AMAs are strictly forbidden and people will be disqualified from participating in the reward distribution.)

CHAT πŸ—£ https://t.me/joinchat/Brbs51k5cWoRBKtsgmb6Ew
​​Vite Overview

Vite is a feeless, high-performance public chain and the first of its kind that has successfully realized and implemented DAG-based smart contract capabilities. The original asynchronous architecture
, hierarchical consensus and snapshot chain technology make Vite an industry-leader in terms of performance and commercial-level application support.

Vite consists of the following components:
β–ͺ️The dApp platform
that can support a set of smart-contracts with high scalability, low latency, high throughput, and enterprise security level.
β–ͺ️ Wallet - a native decentralized, multi-token wallet.
β–ͺ️ ViteX - a decentralized Exchange for Trading Digital Assets
β–ͺ️ A lot of Working use cases - like Vite store with VitePay application for e-commerce. Vitescan - an analog of Etherscan. And much more...

Vite is Based on the modified DPoS algorithm, which is called an HDPoS (Hierarchical Delegated Proof of Stake). The purpose of this algorithm is to divide the consensus forming functions into a Local consensus and a Global consensus. Consensus operations are performed asynchronously. This model gives a lot of new opportunities for applications built on the Vite platform.

Vite tokenomics is based on a native token which is designed to maintain the work of computing and storage resources and encourage nodes to run
.

To date, Vite has a steady record of deploying practical applications on its platform, with products including a decentralized exchange ViteX, a public financing dApp for the City of Syracuse, multiple on-chain games, and micropayment platforms.
Vite users are distributed across 180 countries around the world, with 20,000 daily active wallet users, 49 supernodes and 3,000 full nodes.
The Vite Foundation was established in June 2018 and is composed of top technical experts and financial experts from the United States and China. Investors include Bitmain, Link VC, LD Capital, Node Capital, and more.

Vite has delivered their Mainnet in time and a lot of functionality with it. Note that almost 90% of ERC20 tokens are already swapped into mainnet Vite tokens. This has been said, we believe that the VIte team has proven their ability to deliver!

TG:
@Vite_en
Website: vite.org
Medium: medium.com/vitelabs
​​Coinone lists Fantom (FTM) on the 11th of December at 0:00 AM UTC. Deposits are open, FTM/KRW trading pair will be added soon!
πŸ‘‰ medium.com/fantomfoundation/fantom-to-be-listed-on-coinone-f702d6dcf513
​​Itugen, based on Fantom Lachesis consensus, has released its Technical Whitepaper
⁠Itugen, a new blockchain platform e-voting, will be built on the Fantom Lachesis consensus engine that was developed by Fantom Foundation.
πŸ‘‰ https://sikoba.com/docs/SKOR_itugen_201912.pdf
​​China’s Center for Information and Industry Development has published New Rankings of 35 Crypto Projects.

Bitcoin has entered top 10 this time:) Apart from this change, top 10 list remains the same!

Top gainers are Zilliqa (+6 positions) and Waves (+4 positions) in this edition.
Top losers are QTUM, NANO (-6 positions each) and ARK (-5 positions).

The CCID describes itself as β€œa first-class scientific research institution directly under the administration of the Ministry of Industry and Information Technology of China.”
This is the 15th edition of their crypto ranking.
​​Dear community, we would like to choose with your help projects to organize AMAs (Ask Me Anything).

We encourage our community to voteπŸ‘ and to choose next projects for CryptoDiffer AMAs πŸ‘‰ t.me/cryptodiffer/1677

Winners will be chosen in 3 days (countdown timer)
IMPORTANT: You must be a participant of the @CryptoDiffer Channel and Chat !
Vote and choose the next projects for CryptoDiffer AMAs!

To be eligible to vote you must be a subscriber of @CryptoDiffer channel and join our Chat!
Anonymous Poll
12%
Loki (LOKI)
8%
Grin (GRIN)
14%
Tellor (TRB)
6%
Zcash (ZEC)
5%
Fetch AI (FET)
12%
Klaytn (KLAY)
6%
Enjin Coin (ENJ)
20%
TomoChain (TOMO)
8%
Constellation Labs (DAG)
10%
Hedera Hashgraph (HBAR)
​​⁠❗️Dear community, CryptoDiffer will hold an AMA with VITE in 1 hour at 12:00 PM UTC in the CryptoDiffer Telegram Chat!

10 best questions will be rewarded $10 each!
(Questions from previous AMAs are strictly forbidden and people will be disqualified from participating in the reward distribution.)

CHAT πŸ—£ https://t.me/joinchat/Brbs51k5cWoRBKtsgmb6Ew
​​MiL.k Ecosystem Overview

Reward points issued by the partner companies of the MiL.k Alliance to the corporate users are exchanged within the MiL.k platform by MLK token, the key currency of the platform. The exchange rate of points changes in real time within the demand and supply of the platform.
​​NEW PROJECT ON THE RADAR

FinNexus
is building an open finance protocol to power hybrid marketplaces that trade both decentralized and traditional financial products. The first products available on FinNexus will be innovative tokenized assets with value based on real world cash flows.

FinNexus is not just one protocol, but in fact it is a collection of multiple protocols that together compose the FinNexus ecosystem. FinNexus v1.0 with the first batch of assets goes online in Q1 2020.

FinNexus partners currently include GENESIS Group, Consensus Labs, Hillstone, Bitrue, BKEX Capital and others.

The FinNexus project was initiated by two major founding investors, Wanchain and SuperAtom.
β–ͺ️Wanchain's technology will form the basis for the FinNexus platform, and the Wanchain team will provide comprehensive technical support for FinNexus.
β–ͺ️SuperAtom is a fintech company incubated by Cheetah Mobile. SuperAtom will play a key role in the FinNexus’s early stages by working together to tokenize the financial products which provide moderate and stable investment returns.

One of FinNexus’s goals is to provide the blockchain world with more assets with real value,
this principle is reflected via their innovative token issuance model called: Initial Convertible Token Offering (ICTO).

β–ͺ️FinNexus will issue the FinNexus Token (FNX), which will be convertable to an asset backed token with the symbol UM1S. The holders of UM1S are eligible to benefit with an annualized rate of return at over 10% paid in USDT (the return of the token is backed by the UangMe consumer loan business in Indonesia, with the originator SuperAtom).
β–ͺ️FNX token will be the sole utility token in the FinNexus ecosystem. Any FNX tokens not converted to UM1S during the conversion period are no longer eiligible for conversion and will remain as FNX tokens permanently.
β–ͺ️ FNX tokens which are converted to UM1S tokens will be reduced from the total supply of FNX tokens, reducing the maximum supply of tokens.

Moreover, 25% of FinNexus fees will be used for the buffer fund:

β–ͺ️The first role of the buffer fund is to stabilize FNX’s value (publicly buy back FNX once the fund team determines the price of FNX to have fallen lower than the market value or in the case that the fee scale falls).
β–ͺ️The buffer fund will be used to compensate users’ losses when an uncontrollable factor causes FinNexus users to lose their assets. The buffer fund will otherwise be invested in assets with stable return for value preservation and appreciation

We believe that FinNexus is a prominent DeFi project, with the innovative Token Offering Model, that worth to keep an eye on!

Website:
www.finnexus.io
Telegram: @FinNexusOfficial
Twitter: twitter.com/fin_nexus
⁠Highlights on the recent Matic Network Project Updates

Matic has expanded its Ecosystem & Integration Partners: Zawadi, TROY, Battle Racers, Blockade Games, Monolith, Trade Stars, MintFlint, ChainGuardians and others. Moreover, Matic has launched the Counter Stake event for MATIC staking, the Matic team has attended tons of conferences and development meetups to bring the Matic technology into masses.

πŸ‘‰ blog.matic.network/matic-network-project-updates-8
​​Matic Reveals the Matic Network Staking interface! Access to the interface is coming very soon!
πŸ‘‰ https://youtu.be/2F7vnn0X2rw
​​Funds raised on IEO in 2019

November appears to be the worst month in terms of the amount of funds raised via IEO in 2019.

Road was the only IEO in November, Road has raised 1,999,200$ on the OKEx Jumpstart.
The current ROI of Road is 4x and ATH was 5.1x.
​​Breed the newly introduced Purrstige Cryptokitty to unlock limited-edition CryptoKitties parts in BattleRacers!
Battle Racers utilizes Matic as their scaling solution of choice
πŸ‘‰ https://www.cryptokitties.co/kitty/1776083
​​Fantom (pFTM) has been listed on Incognito pDEX, the world’s first completely anonymous decentralized exchange, with pFTM/pUSDT trading pair
πŸ‘‰
medium.com/fantomfoundation/fantom-to-be-integrated-by-incognito-on-pdex-8a7499791156

Moreover, Fantom and XarNetwork have recently released the developer portal that has been setup to support the XAR Network, the developers, and the network participants
πŸ‘‰ https://docs.xar.network
​​Uniswap bans 10 countries from DeFi Protocol, demonstrating the need for principled DeFi companies

This fusion between campaigners and activists and the blockchain space has led to the beginning of PlutusDeFi in the hope of creating a defense in the form of DeFi technologies.

πŸ‘‰ https://medium.com/plutusdefi/defi-ban-begins-uniswap-io-b2e50f38cb40
⁠MARKET CAPITALIZATION OF EXCHANGE TOKENS
​​AMD Teams up with ULTRA to Enable Next-generation Blockchain-powered Gaming

Advanced Micro Devices (AMD) is a semiconductor company that designs and develops graphics, processors, and media solutions for both commercial and consumer markets. AMD has $6.3B in estimated revenue annually. AMD competes with NVIDIA, Intel, and Arm.

AMD and Ultra will cooperate on the technology side and on co-marketing activities to promote the use and proliferation of blockchain-based gaming technologies.
AMD will provide games in their graphic cards only redeemable on Ultra, also as promoting Ultra with contests and events to their customers.
UIltra and AMD will continue to explore additional collaborative activities in the future.

Read more: https://medium.com/ultra-io/amd-teams-up-with-ultra-to-enable-next-generation-blockchain-powered-gaming-142382125236
​​Rivex has released a preview of the WRDEX integrated with the Rivex Wallet!

Rivex is currently looking for people to test the Rivex Wallet and WRDEX. To become a tester and get the unique opportunity to try Rivex Wallet and WRDEX reach out to the Rivex team!

πŸ‘‰ https://medium.com/rivex-foundation/introducing-the-rivex-wallet-and-wrdex-430a33d70157
​​GET Protocol (GET) expands to Asia market and got listed on the HotBit exchange

πŸ‘‰ https://www.hotbit.io/exchange?symbol=GET_ETH