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STOs will create a Quadrillion Dollar Market

Brock Pierce, former child actor, American entrepreneur and early investor of bitcoin (BTC), in an interview with Forbes recently.

According to Pierce, you will see significant development and growth in decentralized applications, secured money offers (STOs), and game industry in 2019.

Dapps will reach millions of users

The interview started with a talk about decentralized practices (dapps); Here, Pierce went on to say that we will see great things built in 2019, indicating that some dapps would reach a million users.

We live in a big bear market, and he said that when he loved the prices when it was low, because the big things were built.

Then, we had a big bear market and

Büyük Great things are built when prices are low. “

said.

In addition, Pierce said:

Or When the price rises, very little happens because the teams don't stick together. Everyone gets rich quickly and this motivates people. The best things I have set up in this ecosystem were built in bear markets. "

When asked what should be done to ensure that the actual investment is not made by the current situation of decentralized practices (dapps) and what is needed to achieve real investment, Pierce said that 3 things should be done:

Alar They have to be scalable, free, frictionless and fast. "

He then went on to say that we have established the new internet with blockchain technology and decentralized applications and that new standards need to be set. Obviously, if this slowly costs money and is not being scaled, no one will use this new Internet.

Later, Pierce named several dapp and smart contract protocols, stating that 3rd generation protocols such as EOS (EOS), Tron (TRX), and Cardano (ADA) controlled the correct boxes.

Game Industry Will Accept The Crypto!

Pierce has a history in the field of play and in 2001 he founded Internet Gaming Entertainment (IGE). For this reason, he knows the gaming industry very well and believes that players and the growing gaming industry will be a great driver in crypto use by 2019.

Pierce, giving some information about the relationship between crypto and play, said:

Eski The oldest practitioners on the crypto scale were the actors. That's why Korea and China are so big. These were the markets where people played video games and bought and sold virtual money for games like Second Life and World of Warcraft. "

For this reason, Pierce thinks that the player community is a very good chance to bring another wave of investment in the crypto, just like in the initial phase.

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Industry News

SEC Accuses 5 Insiders of BitConnect for Illegal Promotion

SEC, Yasadışı Tanıtım’dan BitConnect İçerisinden 5 Kişiyi Suçladı

About the five people at BitConnect SECIt said it “violated Federal Securities laws.”

The SEC's complaint is that “persons who support the BitConnect Program are sold without registering the Securities with the Commission and registering as a broker-dealer with the Commission as required by law.” BitConnect's lending program is said to encourage people to invest in potential investors, including Trevon Brown, Craig Grant, Ryan Maasen, and Michael Noble, by creating promotional-style videos and posting them on YouTube. It is also claimed that some YouTube channels that make promotions are paid on a commission basis in return for their promotional efforts.

Shortly after his release, Trevon Brown (better known as Trevon James) posted a tweet saying he didn't deny the charges and said the community would "rally" around him.

Real crypto OG's will rally around me.

The real ones that know the truth, and what happened from day 1.

Talk to you guys soon.⏳#FreeTrevon

— Trevon James, Founder of our.glass Crypto (@BitcoinTre) May 28, 2021

Lara Shalov Mehraban, Deputy Regional Director of the SEC's New York Regional Office,

“We will try to hold accountable those who make illegal profits by taking advantage of the public's interest in digital assets”

said.

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Bitcoin News

Who Has The Most Bitcoin (BTC) Savings?

Bitcoin Analizi, Bitcoin 5.700 Doları Geçti!

According to the research result, the Winklevoss twins own 150,000 BTC, but there are names that own more Bitcoin than them…

Blockchain Center, which investigates who owns the largest amount of Bitcoin (BTC); From Winklevoss twins to scammers, from hackers to "zombie coins", he laid out all the data.

On the other hand, the most famous hacking case of the cryptocurrency world, Mt. Gox incident allegedly owned 166,000 BTC.

It is claimed that 30,000 BTC seized from the Silk Road scandal is in the hands of Tim Draper.

Plus Token scammers were said to have 200,000 BTC.

On the other hand, “Zombie coins” are surprisingly plentiful. These tokens we are talking about consist of 1.5 million BTC, which will never be used and will not be spent by anyone forever.

Grayscale's Bitcoin Trust is known as the largest institutional Bitcoin investment vehicle and currently holds over 400,000 BTC of liquidity. Lightning Network only holds 1,000 BTC, while Ethereum (ETH) has another 80,000 BTC locked.

Another 2.5 million Bitcoins are expected to enter circulation over time. Time will tell which other names will be included in this list.

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Blockchain News

National Fisheries Institute and IBM's Blockchain Tracking System Food Trust

Ulusal Balıkçılık Enstitüsü ve IBM’in Blockchain Takibi Sistemi Food Trust

The United States seafood trade association, the National Fisheries Institute (NFI), is working with Food Trust, IBM's blockchain supply chain solution, to monitor FoodOnline's reports on June 11 seafood and food-related news.

In the report, they mentioned the new system for monitoring the type of seafood jointly carried out by multiple companies. In addition, NFI members representing harvesters, importers, cold storage, food service restaurants and retail sales were also included in the program.

IBM's Blockchain Tracking System Food TrustSIRF President's Statement

The project is funded by the Seafood Industry Research Fund (SIRF), whose chairman Sean O'Scannlain said in a statement on developments:

“The tracking system is nothing new to the seafood industry, but we'll test how blockchain is a new concept, with IBM's Food Tracking system, helping seafood businesses earn revenue and reduce costs to customers from harvest to distribution.”

The system also states who can access and how long companies can control data, and who will retain control after the chain is loaded. Raj Rao, IBM Food Trust general manager Food Food Trust can change any sector, especially when we have large ecosystems, businesses and organizations ” He said.

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Source: Cointelegraph