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Can this Crypto Solve the Mass Adoption Problem?

Published

6 years ago

on

The Divi Project

Yes, there’s a lot of hype in the Crypto world these days, and yes maybe there’s a bubble. Many projects that are very well funded today will fail but make no mistake, a revolution is coming.

If you think the explosion of growth that has happened in places like China over the last 20 years was impressive, just wait until the billions of people who are still effectively locked out of the world economy come online.

Thirty-nine percent of the world’s population doesn’t have a bank account. At least two billion people don’t even have a record of their birth. But this dearth of identity is about to change in a big way. That’s because the infrastructure for it to happen is finally nearly in place.

Internet access in the form of global wifi and very affordable computing power (smartphones) combined with the final piece of the puzzle, blockchain technology, is about to bring billions of people into the world economy like never before.

Blockchain still has a reputation for being the anonymity enabler but it’s actually its ability to give people an identity that will allow these new entrants into the global economy.

Here’s where the Divi Project is onto something.

Divi is building a marketplace platform that will finally allow people to bootstrap their own financial inclusion and capitalize on their desire to create and contribute.

It’s a space where users can create an identity and through attestations from the community, attach a reputation to that identity so that there’s the trust needed to facilitate the buying and selling of products and services globally.

On one level, it’s a marketplace like Amazon. But unlike Amazon, this marketplace will be open to everyone because it’s decentralized.

A carefully designed blockchain project – by its nature – will beat a typical centralized marketplace like Amazon in terms of security, transparency, speed of settlement, and ability to scale globally. The Divi project checks all of these boxes. But so do a lot of other blockchain projects.

So what sets Divi apart? It starts with usability.

There are already hundreds of millions of dollars worth of lost crypto out there. Even veteran crypto users are forced to double, triple, and quadruple check every transaction: Is the string of characters perfectly copied? Is it going into a wallet that can actually receive it?

For newcomers, the most common word used to describe a first crypto transaction is “terrifying.” And don’t forget: today’s crypto “newbies” are still early adopters in the grand scheme of what is coming. If these relatively tech-capable early adopters are describing their experience as terrifying, what about the billions who haven’t even heard of blockchain?

To attract them, if we’re being honest, the word “blockchain” is irrelevant. These people will be attracted to the service only if it works better than that what they are already using.

The marketplace that succeeds in drawing mass adoption, therefore, needs to have a far better user experience than today’s typical blockchain projects. In fact, it should have at least as good a user experience as Amazon.

Divi is the first project to really focus on things like (finally) usable wallets.

According to Tim Sanders, former Chief Solutions Officer of Yahoo, who recently joined the Divi Team, “Apple brought design acumen and appliance-level ease of use to the personal computing world. Similarly, Divi’s team is taking a design approach to take the complexity and fear out of cryptocurrency. They’ve demonstrated the ability to not only dream big but to execute the plan. Those are the two ingredients I look for when getting involved in a company.”

Users of the Divi network will be able to customize their wallets in new ways. This means instead of their wallet name being an impossible to remember (and easily mistaken) string of numbers and characters, it can be something recognizable like a username or an email address. Users can also attach their photo or logo to their wallet so customers sending them funds will have the extra reassurance that they are actually sending funds to the right wallet. Anonymity can, of course, be retained for those who wish, but most businesses will not want to be anonymous. Businesses are, after all, built upon reputation.

Divi has clearly thought through the game theoretic incentives that are required for a tokenized platform to succeed. This includes things like affordable tiered master nodes (allows speedy decentralization), the ability to stake tokens (encourages growth) and lottery style reward blocks (builds excitement and loyalty).

The platform design is also fertile ground for the network effects that will allow rapid marketplace growth through a bounty system for early adopters and a social component.

Crucially, the Divi Project is one of the few in the crypto world to have a strong focus on bringing women into the space. Their team includes top New York publicist Heidi Krupp, on their advisory board Co-Founder of CoinTelegraph Toni Lane Casserly, as well as other female entrepreneurs and social media experts.

Divi will probably not topple Amazon, but it doesn’t need to. All it needs is a slice of the billions of people, and trillions of dollars, who are about to enter the global digital economy, and it looks like it’s on the right track to do so.

By Graham Stone

“This is a paid press release. Readers should do their own due diligence before taking any actions related to the promoted company, product or service. Bitcoin Africa Ltd. is not responsible, directly or indirectly, for any loss or damage caused by or in connection with the use of or reliance on any content, product or service mentioned in the press release.”

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ND Labs Launches Crypto Exchange Software Development

Published

5 months ago

on

January 20, 2023

By

ND Labs

ND Labs, an international blockchain consulting and development company with offices in Poland and the United States, has recently announced the launch of crypto exchange development services.

ND LabsND Labs understands that cryptocurrencies are gaining even more popularity and predict their mass adoption in the future. Thus, the company offers full-cycle development services to IT businesses and non-IT enterprises from various industries, including retail, construction, oil & gas, etc.

Dmitry Khanevich, co-founder and CEO of ND Labs, commented on the news:

“Launching a crypto exchange is a good business idea. First, there is a growing demand for such platforms as digital currencies are becoming more widely used. Second, they can generate constant profit by charging fees for each transaction. Third, they are relatively easy to set up and maintain. Finally, they offer lots of flexibility, which makes them ideal for businesses of all sizes. If you lack the necessary skills or knowledge to build a crypto exchange, that’s where our blockchain expertise will be helpful.”

What is a crypto exchange?

A crypto exchange is a trading platform that allows users to buy and sell digital assets in a peer-to-peer manner, which means there is no third party involved. For instance, users can buy cryptocurrencies for fiat money and then trade them.

How to develop a crypto exchange platform?

    • Choose the platform type. It can be a crypto trading app as well as a centralized, decentralized, or hybrid cryptocurrency exchange.
    • Build key features. They include user authorization and verification, a trading engine, a crypto wallet, an intuitive user interface, and market and liquidity provider integration.
    • Add nice-to-have and advanced features. They are manageable user profiles, portfolio tracking, push notifications, loyalty programs, a knowledge base, data analytics, NFT trading abilities, automated strategies, etc.
    • Meet regulatory compliance. Depending on the jurisdiction you are going to work in, you will have to comply with GDPR, KYC, KYT, AML, and other requirements.
  • Develop a crypto exchange platform.

About ND Labs

ND Labs is an international company that offers blockchain consulting and development services. They build blockchain-powered solutions for businesses of all sizes from various industries, such as logistics, real estate, insurance, etc. The company’s team consists of experienced blockchain professionals who focus on strategic outcomes and help clients generate long-term profits. 

Contact

For more details and updates, visit:

Disclaimer: This is a press release. Readers should do their own due diligence before taking any actions related to any company, product, or service mentioned in this article. BitcoinAfrica.io is not responsible, directly or indirectly, for any loss or damage caused by or in connection with the use of or reliance on any content, product, or service mentioned in this post. 

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Get Lucky Tickets for World Cup Bets on 1xBit

Published

7 months ago

on

November 25, 2022

By

World Cup Bets

The long-awaited World Cup 2022 is here, bringing many opportunities to win big. Are you excited about seeing your favorite players on the pitch? Then the World Cup is an opportunity not just to do that but also to win big from your passion. 

Participating in 1xBit’s Ticket Rush is all you need to have a fun World Cup experience. This tournament offers you the avenue to stay on top of the game, enjoying fascinating matches and securing impressive prizes.

1xBit1xBit has created Ticket Rush with numerous fanciful prizes that could change your entire gambling experience. With multiple prize draws designed to select many winners, you have a chance at winning big. The prize pool is 3 BTC, with numerous winners per category. 

To participate in the offer, you must log in or register on 1xBit. Proceed to the offer page, click “Take part,” and bet on World Cup 2022!

Participants collect tickets for bets on World Cup 2022 matches. There are three ticket categories:

  • Individual match tickets – for bets on any World Cup matches 
  • Supporter tickets – for bets on the picked 8 countries during the group stage 
  • Play-off tickets – for bets on play-off matches 

For the Individual match tickets prizes, the 1st place winner will emerge with 500 mBTC. The first-place winner in the Supporters’ tickets prize draw goes home with 10 mBTC, while the first-place winner in the Play-off tickets prize draw will win 250 mBTC. 

1xBit: Your Best Bet

Ticket Rush is one of the many tournaments designed by 1xBit to help players profit from their passion while enjoying the World Cup. With 1xBit, you can rest assured about sumptuous prizes that make your gambling experience worthwhile.

As the fastest and leading crypto sportsbook, 1xBit is passionate about rewarding players’ efforts in an exciting fashion. The platform provides its users with numerous benefits to maximize the crypto gambling space. 

You can make bets on 1xBit using over 40 supported cryptocurrencies. This crypto adoption eliminates the need for fiat currency. It removes the stress of first converting your cryptocurrency to fiat before depositing it in a sportsbook to bet on your favorite games. 

Instead, you can utilize these currencies directly, allowing you to maximize their value without losing any of it to conversion fees. Even more, 1xBit is constantly looking for relevant partnerships and new coins to add. 

You also enjoy instant payouts with zero fees. This allows you to enjoy your winnings without adversely affecting the platform’s fee structure. 1xBit also provides educational blogs on crypto gambling to help you get started with the necessary tips to navigate the field. Whether a beginner or a veteran, 1xBit covers all you require.

Additionally, 1xBit offers users a Welcome Bonus of up to 7 BTC following their first 4 deposits – it gives you the required jumpstart to experience the platform and play your favorite games. 

Final Thoughts

All roads lead to Qatar for the 2022 World Cup, and you don’t want to miss out on any match. With the Ticket Rush tournament, you can spice up your experience and win crypto!

Disclaimer: This is a press release. Readers should do their own due diligence before taking any actions related to any company, product, or service mentioned in this article. BitcoinAfrica.io is not responsible, directly or indirectly, for any loss or damage caused by or in connection with the use of or reliance on any content, product, or service mentioned in this post. 

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Crypto Lists Announce Bitcoin Maximalist as Head of Content

Published

8 months ago

on

October 27, 2022

By

Bitcoin Maximalist Tom White

CryptoLists.com is delighted to announce the arrival of the new Head of Content, Tom White.

Tom is now a key member of the speedily growing crypto info site, with ambitions to take the content up a level and define and refine the tone of voice. A keen follower of crypto and Bitcoin, in particular on a personal level, he’s well acquainted with blockchain and DeFi technology and has been investing in digital assets for some time.

In other news, Crypto Lists are also pleased to announce an updated mission statement and a new slogan: Crypto Done Smarter. 

As a native English speaker, Tom is well-positioned to take over the tone of voice and editorial oversight of the website, which was founded by two Scandinavians. Alongside this, Tom’s main focus will be to ensure that fresh and informative news articles are released even more frequently, and reviews of new coins and brokers are published swiftly.

Tom White – A Bitcoin Maximalist?

While open to the potential of various altcoins, as somewhat of a Bitcoin Maximalist, Tom sees Bitcoin as digital gold of the new economy. A keen chart-watcher, he’s excited about the next halving event in 2024 and seeing how high BTC can go during the next bull run. A bull run where he believes incredible new ATHs will be reached. A full review of Bitcoin with breaking news, FAQ, historical background, and the most recent updates can be found at https://www.cryptolists.com/coins/btc/. 

Things Tom will oversee

During his first week at the company, Tom has covered subjects surrounding changes within the traditional banking sector in regard to crypto, as well as a multitude of other topics. Being such a big advocate of Bitcoin and its potentially revolutionary capabilities, a topic he found especially interesting is how to survive on Bitcoin. He recently published a piece about Arnhem, a Dutch town that some call the world’s only Bitcoin city. Alongside such specific topics, he will be making sure that the Crypto Lists brand voice is consistent across both the website and all externally facing written comms.  

Upcoming events in Africa

Tom will also write articles and releases about recent and upcoming Bitcoin and crypto events. In the near term, one such event is the Ghana DeFi Summit 2022.

Crypto Lists – Crypto Done Smarter

cryptolistsTom also brought his creative mind to the forefront when brainstorming the new brand mission alongside the wider team. Crypto Lists had been searching for a new slogan, that is both accurate, descriptive, as well as evergreen – taking into consideration the future developments and growth of the company. Along with the senior leadership, a general consensus was reached: Crypto Done Smarter.

Why smarter? Well, Crypto Lists is there to help people make more informed decisions. The entire ecosystem of the site revolves around educating people on the crypto space, and the coins, platforms, brokers, exchanges and at the same time doing reviews of blockchains that compose it. In a nutshell, Crypto Lists is a site where you learn to make smarter decisions in the crypto space.

Disclaimer: This is a press release. Readers should do their own due diligence before taking any actions related to any company, product, or service mentioned in this article. BitcoinAfrica.io is not responsible, directly or indirectly, for any loss or damage caused by or in connection with the use of or reliance on any content, product, or service mentioned in this post. 

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