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Olympus Labs (MOT) – Blockchain Finance

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Olympus
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From atop the highest peaks in Greece, the Gods of the ancient world watched over the first achievements of mankind. Having been granted the first useful tools from these benevolent overlords, mankind quickly learned to control his destiny and began building the worldwide complex of connecting infrastructure we enjoy today. From the wheel to the blockchain, mankind has reshaped the world in his image. Olympus Labs and their associated token (MOT) will reshape financial products and services in the alternative currency market.

The decentralized nature of the blockchain has revolutionized the way we make payments. With the associated crypto-currencies offered by a growing array of companies taking advantage of this technological achievement, the way we invest has also been radically altered. The next step in this experiment of financial-sovereignty will require tools to hedge speculative risk, borrow against stores of collateral, and seamlessly track portfolios made from various wallets and exchanges.

The cryptocurrency community is in desperate need of financial products, and as speculation in altcoins becomes more mainstream, the companies offering these products to a growing segment of savvy investors will become the new God’s of tomorrow’s alternative currency market.

Olympus Labs (MOT)
Olympus (available for beta testing) is a groundbreaking financial ecosystem. Olympus defines the protocol for crypto-based financial products. Providing a comprehensive digital marketplace filled with services and applications, Olympus meets a demand that investors on the blockchain have repeatedly expressed. That demand is for decentralized financial control over personal cryptocurrency investments.

Olympus Labs looks to solve a number of current problems they see across the alternative currency market. From general inaccessibility to a broad lack of liquidity, there are many reasons for the blockchain’s lack of products and services more traditional markets have grown accustomed to. Olympus Labs creates the kind of solutions to these problems that consumers of their financial products will find highly beneficial.

With Olympus, investors can utilize the financial tools necessary to make positive returns in all market conditions. And with a comprehensive marketplace, and their Financial Products Protocol (the name for their inter-operable smart contract token standard), the Olympus solution exhibits structural simplicity throughout the financial ecosystem.

Olympus Team
Led by Kai Chen, a Magna Cum Laude graduate of Yale, the Olympus labs team boasts a 16 member list of high profile names in the altcoin space and is backed by an additional group of experienced advisors. Partnerships abound, with the likes of Bitfwd, Coinnest and Cynopsis Solutions adding to a stunning list. A growing media presence also bodes well for the future of Olympus Labs, with recent mentions by Insider Financial, HuffPost and others.

Fundraising and Listing
Olympus Labs had an initial fundraising goal of 65,000 Ethereum (ETH). As the price of ETH has dramatically risen over the past days, Olympus reduced their goal to 45,000. With the incredible success of their private and pre-sale rounds, the team has decided not to hold a public crowdsale.

OKEx, an increasingly popular exchange, listed MOT on January 11th. If you aren’t lucky enough to have an account with this exchange, relax. I expect it won’t be long before the next exchange lists the token.

A Growing Investor Class

In the alternative-currency market, the demand for financial products and services offered on the blockchain will finally be met. Companies that service these demands will dominate tomorrows altcoin market as a new wave of consumers adopt and benefit from the use of speculative investment tools. With Olympus available for beta testing and a solid team behind its development, Olympus Labs (MOT) stands poised to service the needs of a growing investor class.

We will be updating our subscribers as soon as we know more. For the latest on MOT, sign up below!

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 Flickr

Bitcoin

Investors Beware: Another Large Bitcoin Crash Might Be Coming

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Bitcoin crash
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The crypto prices have surged quite high in the last few months. Of course, their progress is nowhere near the one seen in 2017, but they appear to be getting there, one day at the time. However, things might not be as simple as that, and according to recent performance — it is more than possible that a major Bitcoin crash is incoming.

The fact is that cryptos saw a massive amount of growth in a very short period. Bitcoin itself more than doubled its price in only two months. Now, the rally is starting to crash in on itself, and the coin is already about $1,000 lower than last week. If such development does come to pass, a lot of people will experience quite large losses, although experienced investors might find some opportunities, and leverage in order to enhance their holdings’ long-term value.

For example, Bitcoin dominance is expected to crash very quickly, which will work in favor of quite a lot of altcoins. While this does not seem to be the best time to invest in BTC, altcoins are another story, and diversifying a portfolio now might end up being very profitable in days to come.

Bitcoin behavior mirrors the pre-bear market situation

The crash that analysts are predicting right now comes as a direct consequence of all the hype that has been building up in…

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Altcoins

Top 3 Coins to Buy Before They Go Big

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coins
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Crypto bulls are back, that much is clear. The long-lasting, harsh crypto winter is gone, and the new era in digital currency sector opens up some rather interesting opportunities. With many more bull runs expected to come in months ahead, a lot of coins are likely to blow up and maybe even hit new all-time highs, although that still remains purely theoretical.

On the other hand, the fact is that numerous coins are seeing prices that were not achieved since early 2018, and the overall momentum remains bullish. With that in mind, even if new records do not come for a very long time — chances are that many of the coins will blow up enough for investors to see some serious gains in months to come. As a result, investing in some of these coins now might be a very profitable decision, for those who have the patience to wait a few months. Here are some of the projects believed to have the greatest potential to go big in the second half of 2019 and beyond.

1. TRON (TRX)

Putting TRON on the list should not really surprise anyone, as the project constantly comes up with new project updates, partnerships, and alike. It also constantly breaks records, as is becoming one of the biggest players in the dApp and smart contract development sector.

In the past few…

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Blogs

Can Crypto Credit Cards Disrupt the Fight Against Financial Crime?

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crypto credit cards
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It is commonly known that the world of finances has the biggest problem with the crime of all existing industries around the world. It has been so throughout history. While the financial world has evolved, so did the criminal activities, and they continue to be an issue. With the arrival of cryptocurrencies, many were hoping that financial crime might be disrupted. However, for now, at least, it appears that cryptos themselves cannot find a way to resolve issues such as international money laundering.

In fact, when it comes to money laundering, the crypto sector appears to be the weakest link, especially because of the nature of digital currencies. The anonymity that cryptos are being praised for means that anyone can get a payment from an unknown source from anywhere in the world. This method can then be used for financing drug trafficking, cyberattacks, terrorists, and more.

Until recently, it was not easy for bad actors to make use of cryptocurrencies obtained for illegal purposes. The number of merchants willing to accept the coins was low, and criminals were forced to find a way to exchange crypto into fiat currencies. However, this came with a set of issues, such as taking foreign exchange risks and then sending the money through wallets and exchanges to a banking system that would allow withdrawal. The banking account was the biggest obstacle here,…

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