Bitwage Introduces Payroll Services for 18 Additional Fiat Currencies

Bitwage IBitwage Introduces Payroll Services for 18 Additional Fiat Currencies ntroduces Payroll Services for 18 Additional Fiat Currencies

Economics

Bitwage has announced that it will introduce 18 new currencies for invoicing. Bitwage is a bitcoin payroll and international wage payment service that allows its users to be paid or pay wages in bitcoin.

Also Read: Major Chinese Exchanges Launch P2P Trading Platforms

Bitwage Now Offers Bitcoin Payroll Services for 25 National Currencies

Bitwage has expanded its operations, making 18 more national currencies available to customers seeking the company’s payroll services. Individuals getting paid in the following currencies are now able to access Bitwage’s bitcoin payroll and international payment services:

Bitwage Introduces Payroll Services for 18 Additional Fiat Currencies United States Dollar (USD)
British Pound (GBP)
Swiss Franc (CHF)
Australian Dollar (AUD)
Euros (EUR)
Japanese Yen (JPY)
Canadian Dollar (CAD)
South African Rand (ZAR)
Turkish Lira (TRY)
Singapore Dollar (SGD)
Swedish Krona (SEK)
Saudi Arabian Riyal (SAR)
Russian Ruble (RUB)
Romanian Leu (RON)
Polish Zloty (PLN)
New Zealand Dollar (NZD)
Norwegian Krone (NOK)
Mexican Peso (MXN)
Israeli New Sheqel (ILS)
Hungarian Forint (HUF)
Hong Kong Dollar (HKD)
Danish Krone (DKK)
Czech Koruna (CZK)
Brazilian Real (BRL)
Philippine Peso (PHP)

Bitwage cofounder, Jonathan Chester, describes Bitwage having witnessed significant growth in cryptocurrency adoption during 2017. “With the recent interest in digital currencies over the last year, there has been tremendous growth in users who want to receive their wages in or through digital currency. Some users understand the potential for faster and cheaper cross border wage payments, while others are just looking to speculate. Now, we have unlocked the potential for this growing base of users to receive their wages from 18 new currencies.”

Bitwage has Expanded Its European Presence During 2017

Bitwage was founded in 2013, and since July of 2014, has transacted over $30m in  Bitwage Introduces Payroll Services for 18 Additional Fiat Currencies transactions with over 18,000 users. During 2017, the company has been focussed on expanding into international markets, particularly European nations. The company has headquarters located in both Silicon Valley and Paris, France.

In July of this year, Bitwage announced that it had entered the UK market. In a blog post on the company’s website, Jonathan Chester stated “for workers in the UK, this now means you are able to have more diversity in how you would like to receive your wages. You can split your wages at any percentage between many different bank accounts and digital wallets.” Earlier this year Bitwage also introduced Unique IBAN numbers for its users living in the European Union.

Do you get paid in cryptocurrency? Share your experiences in the comments section below!

Images courtesy of Shutterstock, Bitwage

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Bitwage Introduces Payroll Services for 18 Additional Fiat Currencies

Bitwage IBitwage Introduces Payroll Services for 18 Additional Fiat Currencies ntroduces Payroll Services for 18 Additional Fiat Currencies

Bitwage has announced that it will introduce 18 new currencies for invoicing. Bitwage is a bitcoin payroll and international wage payment service that allows its users to be paid or pay wages in bitcoin.

Also Read: Major Chinese Exchanges Launch P2P Trading Platforms

Bitwage Now Offers Bitcoin Payroll Services for 25 National Currencies

Bitwage has expanded its operations, making 18 more national currencies available to customers seeking the company’s payroll services. Individuals getting paid in the following currencies are now able to access Bitwage’s bitcoin payroll and international payment services:

Bitwage Introduces Payroll Services for 18 Additional Fiat Currencies United States Dollar (USD)
British Pound (GBP)
Swiss Franc (CHF)
Australian Dollar (AUD)
Euros (EUR)
Japanese Yen (JPY)
Canadian Dollar (CAD)
South African Rand (ZAR)
Turkish Lira (TRY)
Singapore Dollar (SGD)
Swedish Krona (SEK)
Saudi Arabian Riyal (SAR)
Russian Ruble (RUB)
Romanian Leu (RON)
Polish Zloty (PLN)
New Zealand Dollar (NZD)
Norwegian Krone (NOK)
Mexican Peso (MXN)
Israeli New Sheqel (ILS)
Hungarian Forint (HUF)
Hong Kong Dollar (HKD)
Danish Krone (DKK)
Czech Koruna (CZK)
Brazilian Real (BRL)
Philippine Peso (PHP)

Bitwage cofounder, Jonathan Chester, describes Bitwage having witnessed significant growth in cryptocurrency adoption during 2017. “With the recent interest in digital currencies over the last year, there has been tremendous growth in users who want to receive their wages in or through digital currency. Some users understand the potential for faster and cheaper cross border wage payments, while others are just looking to speculate. Now, we have unlocked the potential for this growing base of users to receive their wages from 18 new currencies.”

Bitwage has Expanded Its European Presence During 2017

Bitwage was founded in 2013, and since July of 2014, has transacted over $30m in  Bitwage Introduces Payroll Services for 18 Additional Fiat Currencies transactions with over 18,000 users. During 2017, the company has been focussed on expanding into international markets, particularly European nations. The company has headquarters located in both Silicon Valley and Paris, France.

In July of this year, Bitwage announced that it had entered the UK market. In a blog post on the company’s website, Jonathan Chester stated “for workers in the UK, this now means you are able to have more diversity in how you would like to receive your wages. You can split your wages at any percentage between many different bank accounts and digital wallets.” Earlier this year Bitwage also introduced Unique IBAN numbers for its users living in the European Union.

Do you get paid in cryptocurrency? Share your experiences in the comments section below!

Images courtesy of Shutterstock, Bitwage

Make sure you do not miss any important Bitcoin-related news! Follow our news feed any which way you prefer; via Twitter, Facebook, Telegram, RSS or email (scroll down to the bottom of this page to subscribe). We’ve got daily, weekly and quarterly summaries in newsletter form. Bitcoin never sleeps. Neither do we.

The post Bitwage Introduces Payroll Services for 18 Additional Fiat Currencies appeared first on Bitcoin News.

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Bitwage Introduces Payroll Services for 18 Additional Fiat Currencies

Economics

Bitwage has announced that it will introduce 18 new currencies for invoicing. Bitwage is a bitcoin payroll and international wage payment service that allows its users to be paid or pay wages in bitcoin.

Also Read: Major Chinese Exchanges Launch P2P Trading Platforms

Bitwage Now Offers Bitcoin Payroll Services for 25 National Currencies

Bitwage has expanded its operations, making 18 more national currencies available to customers seeking the company’s payroll services. Individuals getting paid in the following currencies are now able to access Bitwage’s bitcoin payroll and international payment services:

Bitwage Introduces Payroll Services for 18 Additional Fiat Currencies United States Dollar (USD)
British Pound (GBP)
Swiss Franc (CHF)
Australian Dollar (AUD)
Euros (EUR)
Japanese Yen (JPY)
Canadian Dollar (CAD)
South African Rand (ZAR)
Turkish Lira (TRY)
Singapore Dollar (SGD)
Swedish Krona (SEK)
Saudi Arabian Riyal (SAR)
Russian Ruble (RUB)
Romanian Leu (RON)
Polish Zloty (PLN)
New Zealand Dollar (NZD)
Norwegian Krone (NOK)
Mexican Peso (MXN)
Israeli New Sheqel (ILS)
Hungarian Forint (HUF)
Hong Kong Dollar (HKD)
Danish Krone (DKK)
Czech Koruna (CZK)
Brazilian Real (BRL)
Philippine Peso (PHP)

Bitwage cofounder, Jonathan Chester, describes Bitwage having witnessed significant growth in cryptocurrency adoption during 2017. “With the recent interest in digital currencies over the last year, there has been tremendous growth in users who want to receive their wages in or through digital currency. Some users understand the potential for faster and cheaper cross border wage payments, while others are just looking to speculate. Now, we have unlocked the potential for this growing base of users to receive their wages from 18 new currencies.”

Bitwage has Expanded Its European Presence During 2017

Bitwage was founded in 2013, and since July of 2014, has transacted over $30m in  Bitwage Introduces Payroll Services for 18 Additional Fiat Currencies transactions with over 18,000 users. During 2017, the company has been focussed on expanding into international markets, particularly European nations. The company has headquarters located in both Silicon Valley and Paris, France.

In July of this year, Bitwage announced that it had entered the UK market. In a blog post on the company’s website, Jonathan Chester stated “for workers in the UK, this now means you are able to have more diversity in how you would like to receive your wages. You can split your wages at any percentage between many different bank accounts and digital wallets.” Earlier this year Bitwage also introduced Unique IBAN numbers for its users living in the European Union.

Do you get paid in cryptocurrency? Share your experiences in the comments section below!

Images courtesy of Shutterstock, Bitwage

Make sure you do not miss any important Bitcoin-related news! Follow our news feed any which way you prefer; via Twitter, Facebook, Telegram, RSS or email (scroll down to the bottom of this page to subscribe). We’ve got daily, weekly and quarterly summaries in newsletter form. Bitcoin never sleeps. Neither do we.

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Bitcoin Payroll Startup Bitwage Adds 18 New Currencies

Bitcoin payroll startup Bitwage has today announced support for an additional 18 fiat currencies, including the Russian ruble.

Founded in 2014, the startup uses bitcoin to let employers route international payments to workers, allowing them to receive wages in either a local fiat currency or bitcoin, or a combination of the two. The new additions extend support for the existing seven currencies to a total of 25.

In a statement, Bitwage’s president, Jonathan Chester, explained the reason for adding the options, saying, “With the recent interest in digital currencies over the last year, there has been tremendous growth in users who want to receive their wages in or through digital currency.”

The new currencies added to the payroll service are: Mexican peso, Brazilian real, South African rand, Turkish lira, Saudi Arabian riyal, Israeli new sheqel, Swedish krona, Russian ruble, Romanian leu, Polish zloty, Norwegian krone, Danish krone, Czech koruna, Hungarian forint, New Zealand dollar, Singapore dollar, Hong Kong dollar and Philippine peso.

According to figures provided by Bitwage, the service has transacted over $30 million to date, and has over 18,000 users worldwide.

Russian rubles image via Shutterstock

The leader in blockchain news, CoinDesk is an independent media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. Have breaking news or a story tip to send to our journalists? Contact us at news@coindesk.com.

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Bitcoin Payroll Startup Bitwage Adds 18 New Currencies

Bitcoin payroll startup Bitwage has announced support for an additional 18 fiat currencies, including the Russian ruble and the Singapore dollar.

Read more –> click here all content is copyright Coin Desk.

Need Bitcoin marketing and PR? Bitcoin PR Buzz has been proudly serving the PR and marketing needs of Bitcoin and digital currency tech start-ups for over 2 years. Get your own professional Bitcoin or cryptocurrency press release CLICK HERE.

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A Minute’s Silence For Altcoins as Bitcoin Highs Slice Value Across Markets

Bitcoin’s rise over $7,200 Thursday has piled pressure on already sidelined altcoin markets, leading many into freefall.

An analysis of Coinmarketcap’s top 20 altcoin listings shows a depressing picture as Bitcoin’s surge leaves many struggling to stay above multi-month lows.

Chart

Notable standouts are the Bitcoin Cash fork and controversial newcomer BitConnect, opportunistically riding enthusiasm surrounding the Bitcoin Core chain.

Altcoin losses extend to Ethereum, which lost over six percent in 24 hours, while fellow fork Ethereum Classic (ETC) dropped to its lowest BTC and USD price since May.

Bitcoin meanwhile is posting highs elsewhere, its market dominance reaching 62.4 percent – a climb of 2.2 percent in the past day.

Wall Street news propulsion and feverish activity prior to the SegWit2x hard fork are combining to increase market focus solely on BTC, with an altcoin resurgence failing to materialize since August.

Alts trading like expiring puts on #Bitcoin.

— Max Keiser (@maxkeiser) November 2, 2017

Broad consensus suggests the return of alt markets must wait until after the hard fork. Bitcoin itself, however, could pull back sooner, with Cointelegraph reporting analyst Tone Vays today warning of an “inevitable pullback” towards $5,000.

LIVE NOW talking $BTCUSD new ATH of $7,000 & How High it can go before an inevitable #Bitcoin crash/pullback. https://t.co/mhIGEtv8zv

— Tone Vays [#NO2X] (@ToneVays) November 2, 2017

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A Minute’s Silence For Altcoins as Bitcoin Highs Slice Value Across Markets

Bitcoin’s rise over $7,200 Thursday has piled pressure on already sidelined altcoin markets, leading many into freefall.

An analysis of Coinmarketcap’s top 20 altcoin listings shows a depressing picture as Bitcoin’s surge leaves many struggling to stay above multi-month lows.

Notable standouts are the Bitcoin Cash fork and controversial newcomer BitConnect, opportunistically riding enthusiasm surrounding the Bitcoin Core chain.

Altcoin losses extend to Ethereum, which lost over six percent in 24 hours, while fellow fork Ethereum Classic (ETC) dropped to its lowest BTC and USD price since May.

Bitcoin meanwhile is posting highs elsewhere, its market dominance reaching 62.4 percent – a climb of 2.2 percent in the past day.

Wall Street news propulsion and feverish activity prior to the SegWit2x hard fork are combining to increase market focus solely on BTC, with an altcoin resurgence failing to materialize since August.

Alts trading like expiring puts on #Bitcoin.

— Max Keiser (@maxkeiser) November 2, 2017

Broad consensus suggests the return of alt markets must wait until after the hard fork. Bitcoin itself, however, could pull back sooner, with Cointelegraph reporting analyst Tone Vays today warning of an “inevitable pullback” towards $5,000.

LIVE NOW talking $BTCUSD new ATH of $7,000 & How High it can go before an inevitable #Bitcoin crash/pullback. https://t.co/mhIGEtv8zv

— Tone Vays [#NO2X] (@ToneVays) November 2, 2017

 

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VIABET: The next Big Investment for You?

The lure of online gambling cannot be ignored.  What’s better than sitting in the comfort of your own home and relaxing with your favorite game, and maybe win some money in the process?  This is exactly why it’s become a $50 billion industry.  VIABET wants you to get in on the action and be a part of its innovative approach to online gambling.

In the spirit of blockchain and the crypto-industry as a whole, the platform is decentralized and offers a cloud-based environment for gambling enthusiasts to enjoy.  Users can look forward to peer-to-peer sports betting, dice games, poker tournaments and of course, signature casino games such as blackjack and roulette.

In addition, the platform will support a variety of virtual currencies such as Bitcoin, Bitcoin Cash, Ethereum, Ethereum Classic, and Litecoin.  This is where similarities to other blockchain-based online casinos end.  VIABET wants to change the gambling world by actually allowing players to become the casino, and being given the house odds.

In this way, players can create their own games and set their own parameters and rules for each one.  Users will then bet using VIA tokens against the house, which in this case will be the player that created the game.

However, there is a process to “becoming the casino” for interested players, which makes use of a double-token system.  They will have to purchase and stake VIA tokens before playing a certain amount of games against the VIABET casino house, or against players who have already become casinos, to earn Edge tokens.  These utility tokens can also be transacted within the platform.

Once a certain amount is accumulated, the interested player is then qualified to become the casino and act as the house.  When playing one of their games, the loser of the game will be debited with the wagered amount, while the casino will be credited.  Gaming companies can also use this platform to launch possible new games.

To prevent a situation where all of the users on the platform have become the casino, VIABET will depend on Edge tokens.  Casino-qualified players will spend these tokens when they’re operating as the casino, but will be able to earn tokens when they’re playing as regular users.

As you can see, VIABET is quite different and unique from other decentralized gambling platforms as they present a truly revolutionary way to improving this lucrative industry.

The platform’s Pre-ICO sale is scheduled for the 14th of November.  A total of 70 million VIA tokens will be created, of which 70% will be available to purchase.  Contributions will be accepted in Ethereum with 1 ETH equal to 1000 VIA.  The price per token is currently set at $0.34 with a goal of raising $10 million.

 

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Revolutionary eSports Platform, SKRILLA, Proudly Announce Tokenized Daily Fantasy Experience, Sale Running Until 20th November

Bitcoin Press Rerelease: Licensed, eSports Daily Fantasy Esports provider Skrilla offer an unprecedented look into the operation of their live platform, and share details about their ongoing Token Sale. The Token Sale will run from November 6th until November 20th 2017.

31st October, 2017, Australia –  It’s heating up down under, as Australian-based tech startup Skrilla look to bring the benefits of Blockchain to the world of eSports Daily Fantasy. Combining excellence in the industry between two established players, Puntaa and the GAMURS Group, Skrilla seek to develop beyond the release of their live Daily Fantasy Esports Platform, bringing a range of benefits to their community through tokenisation. Platform users can already throw themselves fully into the world of eSports; whether it be watching tournaments live, building fantasy rosters, or competing for prizes on the platform.

The Backdrop

This all-encompassing vision from Skrilla comes off the back of the rapidly expanding growth within the eSports industry. 40% year-on-year growth was experienced in 2016 within the eSports spectatorship segment and future proofing this growth became more viable in 2017, the first year in which the majority of 18-35 year-olds show strong preference to an eSports team, over a traditional sports team. Additionally, $23bn in betting turnover is expected to arise by 2020. Skrilla saw this opportunity along with the huge increase in interest in the application of Blockchain technologies, which solve a number of community challenges, and have moved.

What is Skrilla?

Skrilla’s ability to execute and foresight comes down to its’ composition. With deep roots in the gaming and wagering industries, Skrilla is a collaboration between Puntaa and the GAMURS Group, who have worked on innovative and ground-breaking projects within the gaming industry over the past 3 years. Puntaa provide expertise with the wagering side of the business, having created the world’s first licensed P2P social betting platform. Puntaa recently also secured additional funding, generating investment from Altor Capital and the co-founders of Unlockd.

Handling the eSports domain experitse, content and distribution is the GAMURS Group, who run eSports platform Dot Esports, amongst their 12 esports brands. The platform offers a high-quality round-the-globe coverage service for all major eSports events, and will soon be the largest hub for eSports data globally. With its’ solid grounding in both essential parts of an eSports Daily Fantasy platform, Skrilla looks set to integrate tokens for the benefit of their community, to further build upon their engaging, and entertaining platform.

The Platform

The core of the Skrilla platform consists of the Daily Fantasy Esports, which will revolutionize the way that eSports fans watch and engage with their favourite events. Social-based competitions, where participants compete against other fans to win will see members paying an entry fee to participate in daily contests. The Daily Fantasy Esports world will cover front-page titles such as CS:GO, League of Legends, and DOTA2, among others.

Members pick a roster of their favoured professional players, who they think will amass the maximum amount of points. A budget is assigned for the team, with different players costing varying amounts. It is up to the player to use their in-game and metagame knowledge to make an informed decision on the best roster composition, whilst adhering to the price cap. As matches play their course in real-time, pro players will gain points depending on their performance. Once the set list of games concludes, participants on the platform gain access to the prize pool, if their roster has performed exceptionally. This will add another dimension to the eSports experience, as getting that crucial clutch frag will mean much more than an appreciation for the immense skill required. It could also mean a big payout.

ERC20 SKR Token

Powering the Skrilla ecosystem will be the Skrilla Token (SKR). This ERC20 token will be the native currency and mode of transfer within the current Skrilla platform. Initially, SKR tokens will be deployed alongside traditional currencies, to ensure the building of value through usage of the tokens, and providing utility for early backers in the ICO. At the same time, Skrilla are transitioning the platform to a decentralised and licensed, P2P platform, phasing out Fiat currencies entirely. At this point, SKR tokens will be the sole method of value transfer within the Skrilla ecosystem. Additionally, SKR tokens may be implemented within the previously-mentioned GAMURS Group ecosystem, which pulls in 3.5m monthly active members.

Skrilla Token Sale

To fund the ongoing development of Skrilla’s live platform and international expansion, SKR tokens are available to purchase through a token sale. This will allow early contributors unprecedented access to the ERC20, Ethereum-based SKR tokens, at a discount rate. The token sale runs from November 6th to November 20th 2017, with a total cap of 150,000 ETH. Exchange rates in the token sale range from 2400SKR/1ETH, to 2000SKR/1ETH. SKR tokens will be available to trade on reputable exchanges 14 days from the completion of the sale.

Given their established market position, and strong composition, Skrilla will launch their platform in the US in Q1 of 2018. To find out more, visit the Skrilla website below. You can also find a host of useful links, to stay in the loop.

Visit the Token Sale Website: https://tokensale.skrilla.com
View the Whitepaper: https://tokensale.skrilla.com/skr-token-whitepaper-v0.6.pdf
Skrilla Video Overview: https://www.youtube.com/watch?v=PHP3ILxmMxM
Get Involved on Telegram: https://t.me/SkrillaTokenSale
Chat on Discord: https://discordapp.com/invite/F77VmjV
Follow on Twitter: https://twitter.com/playskrill
Read the Blog: https://medium.com/@skrilla
Like on Facebook: https://www.facebook.com/skrillaesports

Media Contact
Contact Name: Damon Oudejans
Email: Damon@skrilla.com
Location: Brisbane, Australia

Skrilla is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest

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Caviar Announces Real Estate and Crypto Backed Token, Crowdfunding Platform. Pre-Sale Begins November 28, 2017

Bitcoin Press Release: Blockchain startup Caviar has announced the launch of its real estate-backed digital asset platform. Caviar’s token reduces the risk for backers through diversification of cryptocurrencies and real estate debt, while facilitating crowdfunding of real estate projects. Pre-sale begins November 28, 2017.

1 November 2017, The Cayman Islands – Caviar is pioneering a dual-purpose token and crowdfunding platform built on the Ethereum blockchain. Caviar’s token offers access to stable real estate and cryptocurrencies, with built-in downside protection and automatic diversification. The team behind Caviar has successfully managed a multi-million-dollar real estate debt fund since 2013, and brings years of experience and research to this project. Caviar is powered by Intelligent Predictive Model (IPM), an artificial intelligence algorithm, allowing for stronger predictive power and more effective asset allocation. In addition, Caviar Platform will allow real estate developers to raise funds for their upcoming projects, and for Caviar token holders to earn additional rewards by staking their tokens. Caviar is launching a pre-sale on November 28th, 2017, with the goal of raising $25 million.

Caviar Leverages Rising Value of Cryptocurrency with Increasing Demand for Real Estate

Global real estate equate to over 60% of all mainstream assets, and are worth over $217 trillion dollars. In comparison, the total cryptocurrency market capitalization recently hit a new all-time high when it surpassed $175 billion. “Considering these factors, the potential financial benefits of a real estate backed cryptocurrency are massive,” comments Caviar partner Guy Neumann.

In the past several years, cryptocurrencies have been outperforming most other asset classes. However, diversification within this asset class is problematic. There is high correlation to Bitcoin and to other cryptocurrencies. This new asset class is also highly volatile, illiquid and often not backed by anything tangible.

Caviar partner Alex Shvayetsky explains how Caviar aims to mitigate risk for backers and address the issue of diversification, stating:

Diversification of cryptocurrency investments is difficult because most assets are highly correlated. Caviar aims to solve this by providing exposure to fast-growing crypto assets and income producing US-based real estate in a single token – minimizing risk and maximizing returns in both asset classes.”

Caviar Capital: Successful Real Estate Track Record Outperforms S&P by 300%

Caviar combines large cap and most stable cryptocurrencies, select new token projects, and real estate, utilizing its’ proprietary Intelligent Predictive Model in order to perfectly time investment decisions. Caviar is the successor to Caviar Capital, which, in the past five years, successfully financed dozens of redevelopment projects and has a 0% default rate, 0 late payments and an average IRR (internal rate of return) of 16% per year. Since its inception, Caviar Capital has consistently outperformed S&P 500 Real Estate and S&P 500 Bond indices by over 300%

Higher Returns for Real Estate Investment & Diversified Portfolios for Traditional Investors with Digital Currency

By combining crypto assets and real estate, Caviar aims to offer a higher rate of return than traditional real estate investments, while maximizing downside protection. In addition, Caviar will provide traditional investors with the financial benefits of a more diversified portfolio that includes digital currencies.

Although cryptocurrency traders can profit from the volatility of the market, they are offered little in the way of real assets. Caviar provides a unique opportunity for crypto-investors to diversify their portfolio through exposure to real estate. Caviar’s tokenization approach to investments in real estate, cryptocurrencies and crypto-assets lowers the cost of management, reduces entry costs for investors, and removes the problem of illiquidity associated with traditional real estate investments. With the rising value of the cryptocurrency market and the increasing demand for real estate in a growing world, Caviar could turn out to be the perfect diversified portfolio.

The Tech Behind the Token

Caviar has developed their Intelligent Predictive Model (IPM), an artificial intelligence predictive algorithm based on a machine learning approach for price forecasting in both short and long-term projection timescales, allowing for stronger predictive power and more effective asset allocation. IPM uses historical data and a mixture of qualitative/quantitative metrics, in combination with analysis of the underlying cryptocurrency ecosystem, social signals, and trends. Data is automatically collected from various sources to make judgments in real time.

Caviar Token Generating Event

Caviar is launching a pre-sale on November 28th with the goal of raising $25 million. Here is some information about the upcoming token sale.

  • Goal Raise Amount: $25 million
    Token Type ERC20
    Maximum token supply: 375,000,000
    Price per token $0.10
    Pre-sale Minimum $500
    Pre-sale Discount: Up to 30%
    Pre-sale Period: November 28, 2017
    Crowd Sale Period: December 12th, 2017 to January 31st, 2018

Use of Funds
The funds raised by the Caviar crowdfunding campaign will be distributed as follows:

  • 80% will be invested directly into the Caviar portfolio
    10% will be used to cover administrative costs
    5% will be invested into development of platform technology
    5% will be allocated into a reserve fund

Token Distribution

  • 85% of all Caviar tokens created will be sold at the Token Generating Event
    12% will be allocated to partners and advisors
    3% is reserved for bounties

Official Website – https://www.caviar.io/
Caviar Investment Presentation – https://s3.amazonaws.com/caviar-presentations/CaviarInvestorPresentation_Final.pdf
Read the Caviar Whitepaper – https://s3.amazonaws.com/caviar-presentations/CaviarWhitepaper.pdf
Find Caviar on Facebook – https://www.facebook.com/Caviario-399312880484276/
Twitter – https://twitter.com/caviar0x
Telegram – https://t.me/caviar0x
Reddit – https://www.reddit.com/r/Caviar0x/

Media Contact
Contact Name: Kathy Berardi
Contact Email: media@caviar.io
Location: The Cayman Islands

Caviar is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest.

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