Cryptocurrency News: April/May News (Stratis, WePower, Vechain, Payfair, Ethereum, Nano)
Market Situation:
The market is slowly climbing with no major updates.
Current prices:
BTC = around $9.1k (+0.6%)
ETH = around $678 (+8.2%)
XRP = around $0.85 (+3.7%)
NEO = around $84 (+14%)
IOTA = around $1.96 (+12.5%)
VEN = around $4.90 (+30.5%)
EOS = around $18.60 (+30%)
LTC = around $148 (0%)
XMR = around $246 (-6%)
The bullish sentiment is continuing and going strong into May which many people predicted to be a very good month for a while.
Stratis crowdfunding launching (ICO)
On 1st of May Stratis has annouced that they will be launching their ICO platform on 9th of May.
The platform will be using Microsoft Azure to simply set up and prepare ICOs with a few clicks and this way allow the users to crowdfund any project.
This is very promising news for Stratis. We have seen in the past that ICO platforms tend to explode in value once the ICOs start happening and while Ethereum and NEO are already ahead the fight for the third place is still not resolved.
If Stratis can get join ETH and NEO then the valuve of the token should skyrocket.
WePower update and annoucement
On 2nd of May WePower released a series of news. It has annouced preview of its platform, activities update in Australia and Trial with EnergyAustralia
They have annouced that it has begun sharing with its community a preview of the WePower Energy financing and trading platform. This is the first look at the Alpha version 1 of the platform that WePower unveiled during the Startupbootcamp EnergyAustralia Demo Day event
WePower will operate in Australia as a technology layer connecting renewable energy producers with multiple retailers and their customers. The chosen strategy will allow everyone in Australia to connect to the platform and benefit from WePower’s offering. With the current mcap of not even in the top 200 WePower looks like an interesting option.
The VeChainThor Blockchain Testing Schedule
On 1st of May Vechain has annouced more details about the testing schedule for their VeChainThor Blockchain.
Mid-April, the VeChainThor Blockchain has been under internal alpha testing. This process will continue until Mid-May at which time a Public Alpha will begin.
The Public Alpha Test will consist of several reputable third party cyber security and code auditors ranging from private firms to esteemed enterprises. In addition, the VeChain Foundation would like to vet and approve 100 public testers.
From May until early June, VeChain Foundation will be accepting applications for the Public Alpha Test of the VeChainThor Blockchain.
Payfair Fiat Trading is now live
On 30th Payfair has annouced that the PayFair platform has officially launched! Trading is now live across all cryptocurrency and FIAT pairs.
PayFair is a decentralized Escrow platform, similar to localbitcoin but decentralized and focuses on all crypto rather than just simply bitcoin.
It currently supports ETH, PFR, OMG, VEN, ICX, EOS, BAT, BNB, FUN, TRX and WTC. As for fiat it supports USD, RUB, EUR and GBP
The PFR token is used as escrow and it currently isn’t in the top 450 in terms of the mcap which could indiciate growth potential.
Ethereum sharding technology is coming
On 30th of April Vitalik Buterin the Ethereum co-founder and the main mind behind the technology wrote on Twitter ‘Sharding is coming’
Sharding consists in increasing the number of transactions a blockchain can process. The amount of work is then separated between many different network computers, which allows the blockchain to process more transactions in the same period of time.
Buterin explained that it will be a proof of concept and that with this innovation, new blocks will be created in between 2 to 8 seconds. This is big news for Ethereum since it could solve scalability issues.
NanoMate significant update
On 29th of April NanoMate has recieved significant updates. NanoMate is a service that allows the users to send Nano via different social apps like Discord, Whatsapp, Email, SMS, Slack or Facebook Messenger.
The process is simple: users adds friend’s details and NanoMate creates new wallet for them. When it receives funds, NanoMate emails the fiend a link and password they can use to transfer the Nano to their own wallet. This email includes an intro to Nano, and instructions on setting up a wallet of their choice. Unclaimed Nano can be claimed back. The fee is 1c.
This is a very easy process that could increase Nano mainstream usage and demand for the token as a result.
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