Connect with us

Don't Miss

Element Group Reveals New Strategic Partnership with OPEN Platform

Published

on

OPEN Platform
READ LATER - DOWNLOAD THIS POST AS PDF

Partnership focuses on advancing OPEN Platform adoption on the global market through post-tokenization support

SANTA MONICA, CA – May 24, 2018Element Group, the leading advisory firm in the fields of crypto-economics and digital assets, revealed today a new partnership with blockchain infrastructure provider OPEN Platform.

OPEN Platform, also known simply as OPEN, has developed the first decentralized payment platform for applications looking to incorporate cryptocurrencies as payment.

Element Group has already played a vital role in OPEN’s token sale process and assisted in establishing token economic structures. Moving forward, Element will be supporting OPEN to ensure the post-tokenization functionality of OPEN’s ecosystem.

Element’s current portfolio consists of several key projects in the blockchain space, including WAX, Enigma, Ripio, and others. OPEN’s blockchain agnostic platform, which allows for the acceptance of a wide ranging number of cryptocurrencies, fits well into the similarly revolutionary projects that Element supports.

Through their Scaffold system, OPEN provides an essential infrastructure that developers can utilize without prior knowledge of blockchain programming languages. Developers of all knowledge bases will be able to utilize OPEN and the barriers to entry for creating a decentralized application will be significantly reduced.

loading...

Element has also supported OPEN in strengthening its position in the APAC region. Element assisted in promoting the OPEN project to local developer communities and helped structure OPEN’s overall APAC strategy. OPEN recently returned from an Asia roadshow that garnered much attention thanks to Element’s mentorship.

Element historically provides support to technological platforms that bring innovation to blockchain-based markets and businesses. OPEN will join this elite selection of organically grown blockchain projects as Element helps them grow into world class organizations.

Element Group’s holistic service model lends support in the entirety of digital asset capital markets, including corporate finance, research, trading, and go-to-market strategy. Their unique synergy of management and advisory allows them to play an essential role in the growth of blockchain projects.

Element Group will join an already impressive list of backers for OPEN Platform including Danhua Capital, Draper Dragon, One Block, Jeremy Gardner, and others.

“OPEN Platform is working on solving a major pain point for applications interacting with blockchains – the reliable communication of onchain payments. This structural middleware is a key component to driving functional adoption of blockchains and abstracting the complexity for developers. We look forward to helping enable broader awareness and adoption through the Element network of partners.” said Stan Miroshnik, CEO of Element Group.

“We’re excited to have Element Group working closely alongside OPEN Platform. Their experience and expertise in the digital asset space will be an asset in helping us achieve wide scale support and adoption in the global market.” explained Ken Sangha, CEO of OPEN Platform.

As OPEN Platform continues to develop their footprint in the global blockchain scene, additional advisory and backing partnerships can be expected to be made.

About Element Group
Element Group is a full-service firm for the digital asset capital markets that delivers advisory, trading, treasury, technology, and asset management services in an integrative manner. Founded in 2017, Element is a leading advisor on token sale transactions with global, institutional reach. Element works globally with some of the industry’s leading projects, companies, and founders on cryptoeconomics, financing, and strategy. Element Digital Asset Management invests firm capital in digital assets, promising emerging protocols, and distributed application technologies. Element Digital Trading specializes in facilitating over-the-counter cryptocurrency transactions for institutional counterparties. Element Group offers securities in the U.S. through Tangent Capital Partners, LLC, a registered broker-dealer with the SEC and a member of FINRA and SIPC.

About OPEN Platform

As the only decentralized payment solution designed specifically for applications, OPEN Platform lets developers integrate cryptocurrency payments into their new and existing apps with a few short lines of code. With OPEN, developers can process in-app payments, subscriptions, and one-time purchases synchronizing data both on and off the blockchain. OPEN also recently announced OPEN Chain, an interoperable data transfer protocol built upon a high throughput blockchain necessary for mainstream cryptocurrency adoption. To stay up-to-date on OPEN Platform and learn more about the project, visit the official website.

Media Contacts:

Anna Bogdanova
Head of Communications
Element Group
(310) 254-9438
anna@elementgroup.com

Dennis Lewis
CMO
OPEN Platform
(407) 476-3836
dl@openfuture.io

Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.

Altcoins

Can Tron (TRX) follow in the Ripple (XRP) footsteps?

Published

on

Tron Ripple
READ LATER - DOWNLOAD THIS POST AS PDF

It’s no secret that the cryptocurrency markets have been in an overall slump, especially when you consider all of the bearish action for bitcoin, ethereum, and altcoins, in 2018, compared to the incredible bull run of 2017.

While many people believe that this is simple consolidation, others paint the narrative that many are unsure about real-world applications for blockchain technology and whether institutional money will flow into cryptocurrencies at all.

Ripple is undoubtedly changing that narrative, recently surging over 80% thanks to its developments and partnerships with financial institutions.

It even briefly took Ethereum’s spot as the number two coin by market capitalization, in a price rally that confirmed a trend reversal and stunned many investors and traders in the cryptocurrency community. The price eventually decreased as Ripple returned to the number 3 spot concerning market cap, but the price movement certainly made a statement.

There are those who have been wondering whether Tron could make a similar move eventually, considering it is a project that has decreased dramatically in market cap, and many consider the coin oversold.

The fact that Ripple made an 80% move that quickly gave hope to other altcoins, and comfort to the cryptocurrency community that may be in the red that not only was it possible to break even again, but all was not lost in the markets, and that they can begin hoping to profit, in the long term.

Altcoins

Key factors why we may see a big Tron (TRX) boost shortly

Published

on

Tron TRX
READ LATER - DOWNLOAD THIS POST AS PDF

Tron is a decentralized platform that makes use of a Peer-to-peer system for its network. The platform aims to decentralize the web and also change the content (entertainment) industry.

Talking about the blockchain project’s history, Tron was created by Justin Sun – a protégé of Jack Ma. At the moment, lots of contents are managed by middlemen such as Facebook, YouTube, and the likes. But Sun aims to create a system that helps content creators have full ownership of their contents (and of course earn more as there won’t be any middlemen).

Subsequently, Tron aims to liberate the entertainment industry and the contents that are shared in it and also by making sure that there is a system where data can’t be controlled (the true decentralization and security).

It is important to know that Tron (TRX) is also a platform that permits the distribution of digital assets exchange and market forecasts.

What are the advantages that Tron (TRX) brings to the table?

Tron has lots of advantages. Its team of developers is top-notch, and it also has a futuristic leader: Justin Sun. Tron is a platform that helps content creators; its users are eligible for gains distributed by the platform.

Clearly, this blockchain platform was created for people with a great interest in the entertainment world. It is worth keeping in mind that Tron has launched a series of projects that benefit not only the platform but also its…

Continue Reading

Altcoins

Ripple jumps 50% again today, 3 reasons behind current XRP rally

Published

on

Ripple
READ LATER - DOWNLOAD THIS POST AS PDF

In the last 24 hours, lots of digital assets in the crypto space have experienced a surge at the rangebound of 2-10%. Nevertheless, the cryptocurrency that is leading in the current wave is Ripple (XRP). Ripple is driving with almost 10% more gains than the others, even the Bitcoin.

Right from Tuesday this week, the price of XRP has increased by 40%. Considering that, Ripple has undisputedly been the growth leader on the daily price trend in the recent ‘nice-little-rally’ this time. It is important to know that its volatility has reached maximum heights since the beginning of this year.

As a result of the rangebound surges that are experienced in the crypto market currently, the total market capitalization totals to $2 billion. More importantly, the market cap of Ripple also reached $22 Billion – almost equivalent to Ethereum’s current market cap of $23 Billion.

loading...

Today, XRP even took Eth spot on coinmarketcap for a while as it became the second largest crypto, which the cryptocurrency couldn’t hold for long (on the third spot yet). At the time of press, Ripple (XRP) trades at $0.5663…

Continue Reading

Trending