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Is Docademic One of the Most Promising Projects or Just Hype?

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The recent crypto market slump has foiled plans for many potential blockchain projects and as Bitcoin struggles to maintain its value, altcoins and ICOs fight for their life while suffering from heavy damages. Under such circumstances, Docademic, a healthcare based ICO that started on January’18 has reminded the crypto giants how to rise above other cryptocurrencies. During these bearish trends, crypto enthusiasts are becoming bag holders of lesser-known cryptocurrencies, but Docademic and such crypto assets are creating short-term winners in the market. Let’s find out how an early bird such as Docademic that began trading in May was able to gain 20-40 times of its previous price.

All About Docademic ICO:

The Docademic ICO platform was Ethereum based and it’s a promising ICO project from Mexico. Docademic aims to bring excellent healthcare service platform in the palm of each member of our society. With its help, Docademic users will be able to experience basic and high-level health care services for free. Docademic claims that they keep a patient’s data hidden securely over the blockchain so that third parties can create various DApps on top of Docademic blockchain platform. The token active in the Docademic platform has the slug MTC and the Docademic team is making constant developments to it so that its application and performances exceeds. The Docademic application is being developed on its pre-existing patient data routing. This application allows free of cost service of ‘telemedicine’ through which a patient and his doctor can be connected instantly connected. The ICO completed on February’18.

John McAfee’s Support towards Docademic:

The famous crypto visionary, John McAfee has also shown his interest in Docademic ICO. On his Twitter, on June 17th he posted a video and shared thoughts regarding the difference between a visionary and a speculator. He also supported Docademic because of its unique features, easy availability, and untapped potential. McAfee is known to the crypto community for his ICO and crypto recommendations in a way that it stands out. His Twitter handle has impersonated several times to mislead traders regarding a cryptocurrency that caused quite an uproar back then. He indicated that he’s not merely a speculator for Docademic but rather a visionary, one who has faith in the project and would invest in it.

Features of Docademic ICO:

The team behind Docademic is going to release their hyped ‘App’ which will be easy to use and would be able to connect a patient to a doctor within moments and that too without charges. A user can simply log in to the app and then link it with either Google or Facebook (acts as registration) to start using it to get free healthcare services around the clock. After being supported by John McAfee, Docademic markets saw huge involvement on exchanges where it is mostly traded against BTC. Due to this, Docademic markets soared through the slow-moving markets and became biggest gainers of 17-18 June.

Some additional features of Docademic are as follows:

  • It provides ongoing medical education for pre-registered doctors.
  • The core project is A.I based means in time, it’ll provide all patients with A.I driven treatment. McAfee also showed interest in their upcoming app which is going to be launched on 23rd
  • Docademic can provide real-time medical data while storing each transaction on blockchain and creates non-identifiable IDs for patients.
  • According to its roadmap, during the Q1, the Docademic platform was busy with their token listing on various cryptocurrency exchanges. After that in the Q2, it will soon launch the Docademic marketplace inside the platform.
  • It has already been listed on famous crypto exchanges such as HitBTC, Exrates, IDEX, QBTC, TopBtc, Stocks. exchange, Sistemkoin etc.

Current Market Position:

The famous ICO of Docademic has ended not too long ago but its current individual price has increased no less than 40 folds. It was once priced at $0.02 in its early days but now the price has jumped to $0.409. The past day’s movements in prices prove that Docademic markets can be easily manipulated. Docademic already has tether pairings with the help of which many crypto enthusiasts would enter the MTC markets easily and become bag holders. At the time of writing the price has risen up to 39.15% while its total market capitalization is approximately $115 million. According to the data found on CoinMarketCap, the volume of Docademic has reached $5.82 million and it is currently ranked as the 90th biggest crypto of the world.

Conclusion

Although price manipulation profits are shortlived, there’s no denying the fact that Docademic’s recent performance saved many traders who have been suffering from losses because of the poor performance displayed by the mainstream market. Docademic has clearly made quite an impression on crypto trader’s minds and as it community grows the chances of it again soaring to new heights can be realized over the long run.

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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.

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Reasons Why You Are Much Safer When Crypto Trading on Dexes

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While many cryptocurrencies aim to bring the change to the world by bringing full decentralization, one aspect of the crypto space still remains mostly centralized, and that is the way they are exchanged. Most crypto exchanges are centralized companies, where traders and investors need to deposit their coins for safekeeping. This is a risky way to handle the funds, as exchanges remain susceptible to hacks and theft, as many realized recently, after the hack of the world’s largest exchange by trading volume, Binance.

During the hack, around 7,000 BTC (over $40 million) was taken, and sent to multiple wallets, never to be seen again — for now, at least. The hack also came as quite a shock, as Binance was known for its efficiency, security, and high levels of confidence. It also made people realize that their coins are not really theirs if they need to rely on third parties, such as exchanges, to keep them safe. As a result, many are now turning away from centralized exchanges, and are heading towards decentralized ones — also known as DEXes.

Here are some reasons why you might want to consider doing the same.

1. True ownership of your coins

The crypto community has a saying: “not your keys, not your coins.” The saying is now more relevant than ever, but it does not apply on DEXes. Decentralized exchanges

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Crypto Billionaire Predicts Massive Price Growth by 2021

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Crypto prices are once again going up, and Bitcoin has just passed a major resistance level at $6,000. With a situation like that, it is not surprising that everyone in the crypto community is looking forward to the future, wondering what to expect in years to come. Many experts have already given their predictions, some more optimistic than others, but almost all bullish.

Crypto billionaire Mike Novogratz has always been very supportive of cryptocurrencies, and very bullish on Bitcoin. He recently stated that he sees the coins’ prices triple in the following 18 months, meaning that Bitcoin’s return to $20,000 might not be far away, according to him.

He noted that Bitcoin is back to $6,000 after its price hit as low as $3,100 only a few months ago. These days, Novogratz does not believe Bitcoin will return to such lows unless there is a devastating exchange hack or a major shift in regulations. Of course, there was a big hack that had the potential to damage the coin’s price, only days ago. The world’s largest crypto exchange by trading volume, Binance, saw a significant security breach which resulted in a theft of 7,000 BTC.

However, so far, the coin did not react negatively to this incident. While Novogratz believed that such an event would shatter the new confidence in BTC, it simply did not happen. However, he…

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Altcoins

TokenRoll (TKR) Platform Will Take Online Casinos to the Next Level

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Corporate executives are turning to blockchain technology more than ever in an attempt to revolutionize the business world.  Although blockchain is still a relatively new concept, that hasn’t stopped more and more companies from jumping on the bandwagon.  This hot new technology has quickly gained a reputation for providing greater transparency, enhanced security, improved traceability, increased efficiency, and low costs.  One industry that could certainly benefit from decentralization is the online gambling market, specifically, online casinos.  TokenRoll (TKR) has developed a platform that appears to offer a promising alternative to centralized casinos.

Problems with Centralized Casinos

The primary reason why blockchain technology is being implemented so quickly is because it solves a lot of the problems typically associated with the traditional business model.  And online casinos are no different.  It still needs to be said that centralized casinos have proven that there is a great demand for online gambling.  The market is growing faster than anyone could have predicted, and future opportunities appear very promising and lucrative.  But industries are continually evolving and this one is no different.

A few of the problems facing centralized casinos include the following:

  • Little to no transparency
  • Consumer lack of confidence
  • Privacy concerns
  • 48-72 hour wait time for withdrawals

These are four monumental issues that need to be addressed quickly given the global growth of the market.  Casinos need to…

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