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ODUWA COIN: Finally A Solution For Cryptocurrency Volatility

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ODUWA

When most people think of cryptocurrencies, they think of the seamless ability to transfer money to anyone with a digital wallet in a few clicks. While the blockchain technology behind cryptocurrencies is indeed revolutionary, ask any cryptocurrency investor and they will say their biggest concern is volatility.

Recent volatility has left many crypto investors not only bloodied and bruised but concerned about the overall future of cryptocurrencies as a safe haven asset like Satoshi Nakamoto envisioned. The crypto market has been held hostage by the big exchanges and whales that have been able to move the market to their advantage, wrecking havoc on the average investor’s portfolio. The result has been a wild wild west ride for newbies.

The good news is that the team behind ODUWA COIN has a solution.

ODUWA COIN is a Nextgen cryptocurrency that offers indemnity and insurance against the volatility of the cryptocurrencies listed on the platform. This is achieved by combining blockchain technology and insurance to give investors a way to insure themselves from losses in the cryptocurrency market.

The financial experts behind ODUWA understand investors’ concerns that investing in Cryptocurrency is an enterprise with high risk considering its digital nature that is always prone to hackers, volatility and high uncertainty within the coin market. ODUWA aims to counter these problems through an intelligent solution, which involves selecting coins to insure, keeping a proportional reserve to the invested amount, and automated Smart Contracts.

ODUWA is a revolutionary platform where investments on approved coins inside their Exchange will be 100% Insured against Depreciation, protecting investors against some of the risks. Because there are lots of worthless coins on the market, ODUWA will approve only four reliable cryptocurrencies against volatility at the beginning and continue to add more as the platform expands. According to ODUWA:

“With a revolutionary solution like ODUWA’s, you have no risk of losing money with absolute protection in the face value of your principal investment. Our solution will play a major role in stabilizing the market and creating a new trust economy. Once you purchase your ODUWA tokens they become immediately available upon purchase, deployed through Etheruem.”

To put ODUWA in perspective, it is basically a decentralized exchange platform like Coinbase, Bittrex HitBtc, etc with an option for asset protection within the exchange for investors on a contractual term using Smart Contract technology developed by the ODUWA team. ODUWA insurance is the first blockchain-based cryptocurrency solution that indemnifies and guarantees selected cryptocurrencies on the ODUWA insured list against devaluation. This is done by deploying smart contracts at the time of purchase of the crypto asset to provide a stop loss and take gain for a specified period. The list of insured assets is settled upon by ODUWA financial experts and machine learning algorithms to help give investors an option of the best cryptocurrencies they can buy at a certain period. The listed cryptocurrencies have the lowest risk. Additionally, because the cryptocurrency is listed in the ODUWACOIN speculation list, more people will be willing to buy it further reducing the likelihood of loss in value.

Based on the latest smart contract technology of Ethereum Blockchain and ODUWA Blockchain, ODUWA Coin is one of the most secure cryptocurrencies. Being a peer to peer mode of payment, you will not have to worry about a third party getting any information or your data. All data is encrypted and the digital assets are reserved in a wallet only you can access with your fingerprint.

To celebrate the launch, ODUWA tokens are currently available for only 21 cents a token. For those who can buy now for $50,000.00 dollars and above, their tokens will be delivered now at .15 cents each till April 5th. ODUWA final stage ICO will scale to .90 cents starting April 5th, 2018 until May 5th, 2018 with supporting bonuses and discounts for the growing ODUWA community. Just like Bitcoin, the total supply of ODUWA worldwide is 21 million.

From the 21 million coins, 17,850,000 will be released to the public during the ICO. Investors interested in the ICO can partake in the by sending ETH using ERC20 supporting wallets to the ODUWA Coin that will be released on the website. A corresponding amount of ODUWACOINS will be sent to the e-wallet. The crowdfunding campaign aims to raise $3,150,000, and the ICO will continue until this number is raised or 90 days run out. The ODUWACOINS will be tradable on major exchanges once the platform is officially launched.

To sum up, there’s a lot to like with the ODUWA ecosystem. There will be a complete package of products such as ODUWA Insurance, ODUWA Exchange Platform, and ODUWA Encrypt. At the heart of this ecosystem is the ODUWA token as its currency, thus, enabling ODUWA token holders to spend it for any transactional activity. Interested investors can get in on the pre-sale before it ends April 5th.

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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Altcoins

Should Crypto Projects Devote Resources to Community Growth and Marketing?

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2020 has been an incredible year for crypto as investors have generated windfall profits and crypto projects have seen their businesses gain the spotlight they’ve been looking for.  While Bitcoin has received most of the attention after major institutional investors announced they were accumulating the increasingly scarce asset, many altcoins have also seen their fair share of glory.  When looking at all the big winners of the past year, the first project that probably comes to mind is Chainlink, having appreciated by more than 550% YTD and now valued at over $4.5 billion.  But, the actual biggest winner of the year is HEX with a YTD return of over 5,000%.

I mention both of the above projects as they have each taken slightly different paths to achieve greatness.  Chainlink has devoted resources toward building a fundamentally sound business with many strategic partnerships while HEX has spent vast sums of money on marketing and promotion.  Both approaches are valid, but one thing is certain, it is absolutely imperative for crypto projects to let the crypto community know what makes them special.  Of course, one of the reasons that makes crypto so valuable is the powerful blockchain technology that most projects are utilizing.

Cryptocurrency vs. Blockchain Technology

It’s important to make a distinction between blockchain technology and cryptocurrency.  Although they are often used interchangeably, they are different.  Blockchain technology and crypto were both created after the 2008 financial crisis, but cryptocurrency…

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XENO starts VIP NFT trading service and collaborates with contemporary artist Hiro Yamagata

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Hong Kong, Hong Kong, 24th December, 2020, // ChainWire //

The XENO NFT Hub (https://xno.live) will provide a crypto-powered digital items and collectables trading platform allowing users to create, buy, and sell NFTs. Additionally it will support auction based listings, governance and voting mechanisms, trade history tracking, user rating and other advanced features.

As a first step towards its fully comprehensive service, XENO NFT Hub launched a recent VIP service to select users and early adopters in December 2020 with plans for a full Public Beta to open in June 2021. 

“NFTs are extremely flexible in their usage, from digital event tickets to artwork, and while NFTs have a very wide spectrum of uses and categories XENO will initially focus its partnership efforts and its own item curation on three primary areas: gaming, sports & entertainment, and collectibles.”, said XENO NFT Hub president Anthony Di Franco.

He also added “This does not mean we will prohibit other types of NFTs from our ecosystem However, it simply means that XENO’s efforts as a company will be targeted into these verticals initially as a cohesive business approach.”

Development and Procurement Lead, Gabby Dizon explained, “Despite our initial focus, we found ourselves with a unique opportunity to host some of the works of Mr. Hiro Yamagata. We are collaborating with Japanese artist Hiro Yamagata to enshrine some of his artwork into NFTs.”

Mr. Yamagata has been…

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Bridge Mutual Closes Gap Between Traditional Finance and Digital Finance Insurance

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One of the biggest problems standing in the way of widespread crypto adoption is lack of trust, particularly when it comes to assets on centralized exchanges or complex exploits on decentralized protocols. While it is true that cryptocurrency blockchains are difficult to tamper or manipulate, other services in the space still experience multiple large-scale hacks per month. 

Centralized exchanges are prone to having their funds hacked, stolen, or lost. From the infamous Mt. Gox and FCoin hacks to the most recent KuCoin heist, dark clouds have been cast over the industry for centralized exchanges. These frequent incidents, in addition to the frantically volatile nature of crypto markets, have stopped cryptocurrency from gaining momentum. 

That’s where Bridge Mutual comes in to offer insurance. It aims to give institutional crypto investors a reliable way to offset their investment risks by issuing discretionary insurance against exchange hacks, smart contract attacks, and stablecoin crashes.

How does Bridge Mutual work?

The funds used to insure Bridge Mutual’s policy holders come from stakers who are able to select the stablecoin, exchange, or smart contract that they want to insure. After funds are locked in, they enjoy passive income from investment yields and profit sharing in the system. 

Likewise, the process for purchasing insurance through Bridge Mutual is just as simple as stakeholding.…

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