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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

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

CoinFlip Scores Big with BRD Wallet Partnership

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As the crypto markets move closer to mass adoption, one of the keys for future success will revolve around attracting as many market participants as possible.  While many crypto users are extremely tech oriented, a lot of those on the sidelines are not.  The cause of waiting on the sidelines could be due to a variety of reasons such as fear of the unknown, lack of knowledge, age, or a combination of all of the above.  In order to entice new users to join the crypto revolution, crypto ATMs are rising up across the country.  Of those, the largest and most influential crypto ATM company by a significant margin is CoinFlip.

In early October, CoinFlip announced on its Twitter that it had officially partnered with BRD Wallet to re-introduce their crypto ATM map.  Now, BRD wallet users will be able to locate their nearest CoinFlip ATM and receive a 10% discount for both buys and sells.  BRD brand awareness is growing quickly within the crypto community thanks to its innovative and entrepreneurial spirit.  The team strongly believes in the value of financial freedom and independence, and want to empower people across the world by leveraging the possibilities that Bitcoin and other cryptocurrencies provide.

Cryptocurrencies are already making a huge difference around the world.  Citizens of Venezuela, a country devastated by rampant inflation, have been using several cryptocurrencies…

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Cryptocurrency Collateralized Debt Positions Are Growing in Popularity

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collateralized debt position
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While Bitcoin (BTC) continues to hover around the magical 10,000 price level, altcoins continue to fight an uphill battle.  Simply put, hopes of a future bull run continue to diminish as Bitcoin maintains its dominance.  One school of thought is that a few altcoins will survive and flourish, but which ones are anyone’s guess.  That being said, it’s hard to go wrong picking against the top coins like Ethereum (ETH), Ripple (XRP), Litecoin (LTC), and EOS.  These projects have managed to find a foothold in the market and have a better chance than most of staying there.  While traders wait for their positions to increase in value, one opportunity that may be worth looking at is initiating a collateralized debt position.

What is a Cryptocurrency CDP?

In traditional terms, a CDP is essentially putting up collateral in order to receive a loan against the deposited amount.  There are several examples of this in our day to day lives.  Auto title loans from large companies like TitleMax are extremely popular with consumers.  Consumers are essentially able to use their car as collateral in exchange for a cash payment which can then be used for whatever needs the consumer has.  The consumer can continue using their car as long as debt payments are made.

The same concept applies to cryptocurrency CDPs.  Consumers are able to put up crypto tokens, such as…

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Altcoins

Hodium Presents a Compelling Opportunity for Outsized Investment Returns

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I’m sure all of us remember the cryptocurrency glory days of 2017 and early 2018.  It was one of the biggest bull runs in history and created incredibly wealth for quite a few early entrants.  Unfortunately, for most of us, those gains have most likely been wiped out during the altcoin apocalypse.  The truth is that traders probably thought a bit too highly of their trading abilities when the reality was that anyone could have thrown a dart at a board and ended up making money.

As markets mature (and the crypto market is definitely maturing) it becomes more and more difficult to generate alpha.  In that regard, it’s similar to traditional financial markets.  I can remember trading during my high school days.  It was the late 90s and right in the middle of the dot.com boom.  Eventually, however, the euphoria fades away and reality hits hard.  Now, it’s become rather difficult to actually trade profitably which has given way to the rise of hedge funds.

Hedge funds are investment funds that pool capital from accredited and/or institutional investors and invest in a variety of assets, often with extremely complex portfolio-construction and risk management techniques.  The professionals employed by hedge funds are the best of the best and have spent years honing their craft.  That is why they’re able to make the millions of dollars that they normally…

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