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What Is 3DT And Why Are Crypto Investors Interested In It?

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3DT

3D-Token (3DT) is a unique project that combines the use of blockchain technology, 3D printing, and just-in-time manufacturing (JIT), a methodology that streamlines the production process.

3DT is backed by a real business that has been live since 2009. Politronica Srl, through its research division, decided that it was opportune to enter the 3D digital just-in-time manufacturing space. The Italian company, which started at the University “Politecnico di Torino,” has managed to register three patents and obtain four international R&D awards. Politronica redirected its business after being acquired by London-based Etroninvest Limited back in 2017. Now the company operates a network of about 100 3D printers and plans to reach 3,000 units by 2019, with a production capacity of up to 300 tons of processed bioplastics. By that time, Politronica hopes to grow to 1,000 network members and reach 22 million hours of “Network Robots’ Workforce” per year.

The 3D-Token (3DT) project has been created to be an integral part of the blockchain-based network that would comprise thousands of 3D printers. The blockchain technology combined with the JIT methodology will cut production costs for small and medium-sized businesses and will support JIT-oriented projects.

Also, the 3DT project is the core of a new marketplace where clients can exchange their 3DT tokens for digital models to be applied in their innovative projects. 3DTs will trade inside the network at a price of $0.40.

A few details about the 3DT ICO

3D-Token launched its ICO on January 1, 2018, and the event will keep live until Sunday, February 11. At the time of writing, the token sale is going through its Step 3, which is the final stage.

The ICO Step 1 ended on January 14, and investors could benefit from a 40% bonus. The Step 2 ended on January 28 and came with a 30% bonus. Now, here is the good news for you – the current step initially presumed a 25% bonus, but today investors can claim a 50% bonus if they join the project before Ethereum quotation gets back to $1,350. As of today, Ethereum price keeps fluctuating way below $1,000, at around $793, so investors can enjoy the generous bonus and buy the tokens at half-price right now.

To participate in the ICO, you have to consider an essential condition: do not buy 3DT tokens by sending your ETH directly from an online crypto exchange. Instead, you should use ERC20 compatible wallets. Think about one of the following:

  • MyEtherWallet – web-based;
  • Mist;
  • MetaMask – available on Firefox and Chrome browsers;
  • Parity;
  • imToken – available for iOS and Android operating systems.

Accordingly, you should avoid using crypto wallets provided by exchanges like Coinbase, Kraken, Bitstamp, and so on. If you keep Ethereum on some of these exchanges, just move the needed funds to one of the accepted wallets, and you’re free to take part in the 3DT ICO.

Before the ICO event, 3DT had a presale of its tokens, which started on December 18, 2017. About $1 million was raised during that period. One of the key presale investors was Etherical.io.

What happens when you buy 3DT tokens?

If you participate in the ICO, you buy some of the 150 million 3DT tokens available for sale. The total number of issued 3DTs is 200 million, a quarter of which is distributed to fund the marketing campaign, token holders rewards, and the team, which will keep the tokens frozen for about two years.

So, what can you do with the acquired tokens? Well, you have more options:

  • You can wait for the end of the ICO and trade your 3DTs on several crypto exchanges where it will get listed. The project has a unique story. Given its strong fundamentals, it might be a success. We may see 3DT price grow soon after getting listed.
  • You can hold your tokens and receive a share of the network’s profits as the project grows.
  • If you buy 3DTs during the ICO, you get them at a discount price, and you can sell them back to the network at $0.40 per token.
  • The project has serious In the future, it might go public by conducting an IPO and get listed on a stock exchange. If that happens, you can sell your tokens to claim company shares.

As you can see, there are some significant personal benefits that you can focus on. Besides your own gains, buying 3DT tokens means to contribute to the project.

The proceeds from the ICO event are planned to be allocated as follows:

  • 15% will be allocated to create the infrastructure and the network;
  • 15% to the implementation of the online platforms;
  • 10% to the marketing campaign;
  • 18% to research & development;
  • 20% to overhead costs;
  • 15% to a general provision;

Besides, 7% of the 3DT sale proceeds will be allocated to Forex fees, ICO developments, and consulting fees.

So it’s a win-win situation for both the project and the investor. You can watch the ICO live here.

You can also scroll through the whitepaper here.

Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Please conduct your own thorough research before investing in any cryptocurrency.

Image courtesy of Aigars Mahinovs via Flickr

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Elon Musk Advises Crypto Users To Secure Their Crypto Keys Properly

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The crypto community has not gotten over the fact that the world’s richest man has now invested in Bitcoin and has been pretty active in the industry.

However, the community is now receiving security tips for storing cryptocurrencies from Tesla’s chief executive officer. While pointing the security of cryptocurrencies, Tesla also criticized Freewallet app, a crypto wallet for its slack in security.

He also added that crypto investors should not bother doing business with wallets that don’t provide them with private keys.

Users should store their private keys

The unique way cryptocurrencies are stored makes them not redeemable when the keys are lost. Whether the holder stores them with third-party custodians or exchanges, the owner can only claim them when they provide keys to the crypto funds.

That makes securing the keys the most important thing when dealing with cryptocurrencies. As a result, selecting the safest hot or cold wallet is a priority if users want to keep their crypto investments safe.

Elon Musk has come out to advise investors to always store their private keys personally. For a company to receive the attention of the world’s richest man is something to take advantage of to grow. However, FreewalletApp’s short conversation with Musk is a sort of negative publicity to them.

After the company engaged with Musk about a Dogecoin-related post, the Tesla founder pointed out faults with the firm.
He advised digital asset investors to stay…

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Bitcoin

Bitcoin Surges After Tesla Bought $1.5 Billion Worth of BTC

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Cryptocurrency

The sudden rise of Bitcoin has been connected to the decision taken by the Tesla electric car company to buy $1.5 billion worth of Bitcoin.

The company explained in a filing with the Securities and Exchange Commission (SEC) that it bought Bitcoin to diversify its cash returns and more flexibility.

Musk’s Tweets also impacted Dogecoin’s price

Tesla also added that it will start accepting Bitcoin payments for all its products, although this will be based on a limited basis and applicable laws. If the company concludes and starts accepting cryptocurrency, it will make it the first major car manufacturer to accept Bitcoin payments. The company’s founder and Chief Executive Officer Elon Musk has developed an interest in Bitcoin and cryptocurrencies.

He has been tweeting severally about the viability of the Dogecoin (DOGE), which doesn’t have an important market value attached to it.

Few hours after endorsing Dogecoin, the cryptocurrency rose by an impressive 50%. But regulatory authorities are still concerned about the risks in cryptocurrency investments, with several regulatory bodies warning traders and investors they could lose all their money from crypto investments.

But for Tesla, the company decides to diversify its funds and increased its cash returns. However, Tesla also warned investors about the volatility of Bitcoin’s price in its SEC filing. According to the SEC…

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Partnership Between Bridge Mutual & AllianceBlock Announced

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Decentralized peer-to-peer discretionary digital asset coverage platform Bridge Mutual has announced a partnership with AllianceBlock. AllianceBlock is a decentralized, blockchain-agnostic layer 2 protocol bridging decentralized finance with traditional finance. The partnership will allow AllianceBlock and Bridge Mutual to provide traditional investors with a protected bridge to DeFi through decentralized coverage. 

“Discretionary coverage is a very important part of our ecosystem, so we are excited to partner with Bridge Mutual and leverage each other’s technologies,” says Rachid Ajaja, CEO of AllianceBlock. “We look forward to building an ecosystem where all participants have access to the best products while mitigating the ever-present risk of smart contract failure, hacks, and the resultant loss of collateral value.”

In 2020, as much as $200 million worth of digital assets was lost in attacks on major digital asset services. Bridge Mutual’s platform gives users the option to purchase and provide discretionary coverage, reducing investors’ risk of losing funds because of theft, exchange hacks, stablecoin price crashes, exploited contracts, and other vulnerabilities in digital assets. 

By using Alliance Block’s multi-pair liquidity mining platform, Bridge Mutual will be able to offer BMI token holders instant liquidity through staking and high APY rewards for a variety of pairs. Once integrated into AllianceBlock’s P2P lending platform, Bridge mutual will be able to provide coverage to investors. Additionally, Bridge Mutual is working towards…

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