Blockchain Newsletter: Meet The Man Traveling The World On $25 Million Of Bitcoin Profits [2017W28]

xiaopow (25)in #blockchain • 7 years ago (edited)

Markets

Pillar’s goal is to build a personal data locker where users’ assets and data are stored locally on their phones instead of centralised servers belonging to banks, governments and service providers alike.
To achieve this, Pillar aims to solve two main objectives.
Replace accounts with ownership, instead of having accounts with different stock brokers or banks, users will have wallets that they control themselves and can switch between vendors freely.
Replace apps with services, accounts in apps are separate silos that do not communicate with each other, a personal data locker with an operating system built in can act as the central account with access to different services.
Pillar is creating a Pillar Token with utility functions for the Pillar ecosystem and will eventually act as the meta token for all services available on the Pillar personal data locker OS.
Pillar is raising initial capital in a crowd-sale that will begin on July 15 and lasts 60 hours.
A total of 800 million tokens will be issued with a planned exchange rate at $0.1 USD per Pillar Token.
66% of the tokens will be sold in the ICO, 6% are sold in a pre-sale and the rest will go into marketing, future funding rounds and the founding company 20|30.
The ICO minimum target is $8 Million USD.

Bowhead is creating a medicine dispenser coupled with a digital token eco-system for offering medical data to researchers.
Bowhead has designed a diagnostic reader and dispenser to provide calculated medication and nutritional dosages based on patients’ health conditions.
User will provide a blood prick to the Bowhead reader which uses computer vision to determine user conditions.
Licensed doctors will then offer recommendation on dosages.
All data will be stored using Blockchain technology.
Users can lease their diagnostic data anonymously to research institutes and big pharmas for a fee.
Bowhead is creating a Bowhead token which will be receiving 30% of the income coming from data purchases by pharmas and researchers.
There will be a total of 100 Million Bowhead Tokens created on the Wave platform.
40 Million of which will be offered in the ICO starting on July 17.
The exchange rate for the Bowhead token is $0.65 USD per Token with bonuses for the first 15 Million tokens purchased.

Suretly is launching a crowdvouching platform where borrowers can borrow micro loans from lending partners based on backing by the platform investors.
An investor can decide whether to vouch for a borrower based on their credit ratings and risk / reward ratios.
An investor will be paid immediately when the loan is issued but will have to pay the lender the vouched amount (usually $2 to $10 USD) if the borrower defaults.
Investors function as micro insurance providers.
SUR Coin will be created to raise $1.5 to $10 Million USD to help accelerate expansion of the project.
SUR Coin can be used as a guarantee by vouchers for a loan.
Suretly will begin periodical buy back of the SUR Coin on the open market three quarters after the end of the ICO.
The exchange rate for the ICO is set at 0.1 ETH per SUR coin. It will begin on July 11.

Rialto AI is a team of computer scientists and traders designing arbitrage and market making algorithms for the cryptocurrency market.
Their ICO was meant to begin this month but they have already reached their max cap of $10,000,000 USD in the pre-crowdsale.