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TopiaCoin Private Sale: An Opportunity for Accredited Investors

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TopiaCoin is in the midst of its pre-sale. This sale will run until the Token Generation Event and is open to qualified accredited investors. There are a number of things that we like about TopiaCoin and why accredited investors should consider participating.

Topia Technology

First off, a little background on the company behind all of this. Topia Technology develops digital data security, integrity, and privacy products for military and highly regulated enterprise applications. Topia Technology is the only enterprise security platform providing triple-layer encryption and separation end-to-end, protecting against brute force attacks and more innovative security threats. It has offered unparalleled security, flexibility, and performance for US government agencies such as the Air Force, Army, FAA, TSA and other enterprises that have required protection coupled with strict performance metrics.

Topia Technology recognizes the need to securely share and electronically transfer a class of sensitive data such as medical records, contracts, tax records, wills, voting ballots, tickets, software, and images, among others. The company is now combining the blockchain and peer-to-peer data transfer protocols with the security of Secrata, its premier enterprise data security technology, to create a secure distributed file sharing system (SDFS). The Network will allow users to securely share Digital Assets as files or pieces of a file with the confidence of a cryptographically verified record of all transactions.

In connection with the Network, the Company is sponsoring an issuance and release of Tokens during the Token Generation Event. The Tokens will allow, among other things, holders to transact on the Network using the application programming interfaces (APIs), programming libraries, and protocols developed by the Company. TopiaCoin will be the only means of payment on the SDFS Network.

SAFT

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Topia, in partnership with law firm Wilson Sonsini Goodrich & Rosati, is committed to protecting its investors and staying current with SEC regulations. Together, they have structured TopiaCoin as a security that if offered through a Simple Agreement for Future Tokens (SAFT). To understand how a SAFT works, it goes like this:

  • The developer of a token-based decentralized network enters into a written agreement, called a SAFT, with accredited investors. The SAFT calls for investors to pay money to the developer in exchange for a right to tokens once the network is completed.
  • The developer uses the money to develop the network.
  • Once the network’s basic functionality exists, the developer creates the tokens and delivers them to the investors, who can sell tokens to the public on the open market to realize their profit.

For all purchases of TopiaCoin, 50% of the purchased tokens will vest immediately upon completion of the Token Generation Event. The remaining 50% of the Tokens will vest linearly according to the vesting period, which comprises a 6-month vesting period and a 12 month vesting period.

The maximum token supply possible is approximately 300,000,000 Tokens. Under the SAFT, inclusive of all rounds, investors will have the opportunity to purchase up to 240,000,000 Tokens. The Company will hold 20% of the total supply of tokens based on the number of tokens sold, up to approximately 60,000,000.

During the ICO, qualified investors will have the opportunity to purchase up to 210,000,000 Tokens for future delivery.

The Company will use the proceeds for the following purposes:

  • 65% for development of the network
  • 30% for sales, marketing and token community development
  • 5% for special projects

It is currently anticipated that the Company will develop the Tokens and the Network by the second quarter of 2019.

Topia Team

We see Topia completing its roadmap and fulfilling its vision because of the team involved. It’s important to remember that Topia Technology has been around for over 15 years. They know the security and encryption space having offered unparalleled security, flexibility, and performance for US government agencies such as the Air Force, Army, FAA, TSA and other enterprises that have required protection coupled with strict performance metrics.

In addition, the board of advisors has a number of notable names, including Stan Larimer. Larimer is the co-founder of BitShares, a platform blockchain technology, as well as president and co-founder of Cryptonomex, a software development services company providing blockchains and related technology. He said upon joining Topia:

“Today, there is no real data security for blockchain-based applications and there is a huge need in the marketplace for a security layer. TopiaCoin will be the first to market with military-grade security and this will bring great value to the blockchain and BitShares community. I am excited to be involved with Topia Technology, a well-established company that is really going to make a world of difference in the future of blockchain through the introduction of TopiaCoin.”

Bottom line

We see TopiaCoin as a unique opportunity for accredited investors. The best part is that accredited investors can get involved for as little as $10,000 in ETH, BTC, BTS or USD. For more information, check out the TopiaCoin Website, White Paper, Medium, Twitter, and Telegram.

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

DGB Price Prediction For 2018 and Beyond

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DGB price prediction
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With the crypto market being constantly bearish throughout this year, a lot of investors are having second thoughts about buying additional coins. While some large cryptocurrencies like Bitcoin or Ethereum can be considered safe investments, smaller coins like Digibyte (DGB) often receive a lot of doubt. This is why the DGB price prediction is necessary so that the investors can know what to expect.

DGB Price Prediction

DGB has had its ups and downs throughout this year, and at some point, it even went up by 70%. However, the constant bear market affected it just as much as numerous other cryptos. This has brought its value down to its current $0.025378 per coin. Some optimistic predictions from earlier dates saw the coin reaching as high a price as $9.20 by the year’s end. However, as we approach the date, it seems less and less likely that this DGB price prediction will come true.

The coin is generally seen as a profitable investment. As it is always the case with cryptocurrencies, they should be bought when their prices are down, so that a profit could be made when they spike up once more. Digibyte is no different, but it should be noted that investing in this coin means having patience. DGB is not among the coins that will make you rich overnight, and instead, it should be seen as a long-term investment.

Even though 2018 has been as…

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Altcoins

Why ZCash (ZEC) Is Heading to $10k

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ZCash
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Back in mid-May, the Winklevoss Twins made the headlines for embracing ZCash (ZEC) as one of its major digital assets on their groundbreaking Gemini exchange. When the announcement was made, ZEC rallied in the market by showing a 45% increment in value. The coin made it to $357 in a matter of hours.

Further assessing the currently available digital assets on the Gemini platform, we find that the exchange currently has USD pairings for only Bitcoin (BTC), Ethereum and ZEC. There is also additional pairings of ETH/BTC, ZEC/BTC and ZEC/ETH with plans to onboard Litecoin in the coming days.

Another thing to note is that the exchange also provides custodial services for institutional investors thus giving ZEC the much-needed exposure to the firms on Wall Street. Custodial services provide a guarantee that all digital assets on the platform are stored by a licensed entity thus extinguishing any cybersecurity concerns. For an entity to be licensed in New York for custodial services, the proper due diligence and research have been done.

Another thing that makes the Gemini exchange attractive and appealing to institutional investors, is that all USD deposits are insured by the FDIC. The latter entity is the Federal Deposit Insurance Corporation that provides insurance for USD deposits in American banks. This means that once again, the funds of individual and institutional investors are safe and insured, further making…

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Altcoins

Ripple XRP Mega Breakout: What’s Next?

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Ripple XRP mega breakout
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The Ripple XRP mega breakout that we were calling for happened and happened much quicker than anyone expected. As we said yesterday:

Nonetheless, IF, Ripple is capable of going ‘topside’ of the .38 figure at any point in the days/weeks ahead, such development, should it occur, would likely trigger its next advance into the .42 – .47 zone, representing a 30-40% move from present levels. On the flip-side, the .25 – .26 area should offer short-term potential support.

XRP is now sitting at .51704  as we write this article this morning, representing gains of 61% since we alerted our readers and our Global Elite email newsletter members.

Ripple XRP Mega Breakout

The Ripple XRP mega breakout is significant because it’s the first time XRP has been above its 50-day moving average since May. Right now, the RSI is approaching 80, so we are in overbought territory and we expect the price to consolidate around the .42 to .47 level before resuming its uptrend.

While some are looking at this as an opportunity to short XRP, we are not of that camp. While some can book some profits and use a trailing stop, any integration of XRP with xRapid has the ability to create a tremendous move in XRP. As Travis Kling said this week on the Off the Chain podcast with Anthony Pompliano, XRP could be the quickest five-bagger investors…

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