ANTSHARES (ANS) - NEO

Hello everyone..

I`m a cryptocurrency admirer-invester and i would like to share some stuff about that. Antshares in particular, for a start.

You know there`s a lot of false information cycling around internet about cryptocurrencies and Antshares takes its fair share from that also. So i would like to correct some mistakes about that:

Here are a few:

1. ANS was developed by a company called Onchain, based in Shanghai. Da Hongfei is the CEO of Onchain as well as the creator of Antshares

2. Antshares has some high profile partners listed on its site, including Wings, Alibaba, and Microsoft.

3.The collaboration with Wings is an R&D partnership. From Wings's press release: "The strategic cooperation enables European and North American DAO projects to into tap the Chinese cryptocurrency community, and Chinese start-ups to do the same with European and North American communities. Further, the two organizations agree to coordinate resources on mutual business opportunities, and promote joint hackathons to drive ecosystem innovation."
The collaboration with Microsoft relates to Microsoft Azure, specifically a legal blockchain project of some kind.

4.The Alibaba collaboration entails a partnership between ONCHAIN and Ali Cloud working on "proof-of-existence for a blockchain-powered email evidence repository as a bottom-layer framework designed for enterprise-level use.

5.Antshares is also partnered with Bancor

6.Despite the similiarities in name and logo, Antshares is not connected or affiliated with Ant Financial, Alibaba's fintech spinoff, as far as I can tell. Ant Financial has created at least one blockchain thing of its own.

7.Reps from Antshares have attended at least one government-sponsored industry conference on blockchain. It also appears Antshares held a blockchain competition in collaboration with a committee of the Shanghai municipal government (on antshares official site). However, from my own experience with China I would caution readers not to assume this means anything at all. I haven't seen anything yet that suggests Antshares is "backed" or "endorsed" by the Chinese government as some people on here have claimed. Regulatory risk is real when it comes to China (especially crypto in China) so proceed with that in mind.

You can find the sources below

Always invest what you can afford to lose and good luck ;)

http://www.the-blockchain.com/2016/10/05/chinese-blockchain-startup-antshares-raises-4-5-million-crowdsale-build-onchain/

https://blog.wings.ai/wings-and-antshares-partner-for-smart-contracts-and-blockchain-r-d-bb76a9cc6704

http://bitcoinist.com/antshares-raises-millions-in-ico-partners-with-microsoft/

https://siliconangle.com/blog/2016/10/20/onchain-partners-with-alibaba-for-blockchain-powered-email-evidence-repository/

https://twitter.com/BancorNetwork/status/874062886691319808

http://www.newsbtc.com/2016/07/31/alibaba-groups-ant-financial-creates-blockchain-solution-for-philanthropy-sector/

https://twitter.com/dahongfei/status/753061123868372994

http://bitcoinist.com/antshares-raises-millions-in-ico-partners-with-microsoft/