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Olympus Labs (MOT) – Blockchain Finance
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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

Blogs

The Crypto Space Once Again Divided Over Bitcoin SV

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Bitcoin SV
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The crypto community is a strong one, one that managed to bring digital currencies from nothing to an industry worth hundreds of billions of dollars. However, while its strength in this regard is undeniable, the crypto community can be just as fragile given the appropriate conditions. With that in mind, the conditions seem to have been set for a new divide, although the cause is once again the same — Dr. Craig Wright and his Bitcoin SV (BSV).

Craig Wright vs. the (crypto) world

Dr. Craig Wright, the chief scientist at nChain, and the creator of Bitcoin SV. has been a well-known and very controversial figure in the crypto industry. Wright was suspected of being Bitcoin’s creator several years ago, which is possible because no one knows who is behind the name ‘Satoshi Nakamoto.’

Wright was believed to be him, and one theory claimed that he and his friend were responsible for giving life to BTC. However, the theory quickly died out, but not before Wright seemingly liked the idea of assuming the mantle of Nakamoto. He himself started claiming to be Bitcoin’s mysterious creator ever since.

Of course, he managed to gather up some followers, but the majority of the crypto community — while confused — did not believe him. Luckily, there is no need for trust, and Wright should easily be able to prove that he…

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Are XRP and Ripple Going to Be Worth Anything by the End of 2019?

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Ripple
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One surprise recently was when XRP took over Ethereum’s long-held second place in the Market Cap leaderboards. It quickly went back to its traditional and respectable third place behind Ethereum, but it could be a sign of things to come.

XRP has a lot of clout in the market because of the platform it is based on, which is Ripple. A coin that is used for a very specific purpose and with a long term goal in mind is always going to fare better than others. Litecoin, Bitcoin Cash and others have come about because of disagreements in Bitcoin. Therefore they offer nothing except an alternative to Bitcoin as a pure cryptocurrency, while Ripple (and XRP along with it) has something tangible behind it.

Big Banks Back Ripple

Ripple was created in 2012 for a specific reason. It aimed to become a faster and more efficient method to transfer value between banks and countries. This value can be almost anything from currencies to other instruments. While initially, banks were cautious about investing in the company, recently they have been lining up. The crypto winter has helped with innovation int he industry and Ripple has benefitted immensely for it.

The various payment solutions based on Ripple such as xRapid and xCurrent are seeing a large uptake, and this is having an amazing effect on XRP as a whole.…

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Bitcoin, Litecoin, Ethereum, and Ripple On the Rise

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Bitcoin
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The recent development in the cryptocurrency industry is a rise in price for many of the core digital coins. We believe that the unexpected price hike is due to the renewed interest of the key players in the industry. Many investors, speculators, and traders are rushing into the number one cryptocurrency; Bitcoin like never before. Other altcoins such as Ethereum, Ripple, and Litecoin are not dormant either. The effect of the influx is the soaring prices of the digital coins within seven days.

The price of the crypto leading giant-Bitcoin has increased at 25.74 percent in one week. Ethereum also gained 18.76 percent increase in its price. Litecoin and Ripple also recorded some percentage increase in the tune of 53.20 percent and 16.12 percent respectively. It is no just these few popular coins that have gained in one week. From what we have gathered, 94 digital coins amongst the leading 100 cryptocurrencies are also experiencing the rise in price. This information is according to what TradingView published in April 2019.

According to them also, other cryptocurrencies gained in value while others declined. From their calculations, six digital currencies advanced while ninety-four was on the decline. Also, another information shows that the increase in Bitcoin price has reduced the value of other assets such as bonds and stocks.

The possible reason for the rally

Many people are wondering…

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