Connect with us

Press Releases

Reindeer – A Decentralised Cloud Computing Ecosystem

Published

on

REINDEER

According to research, there are approximately 3.6 million cloud computing users across the globe. Cloud computing technology allows people to have easy access to a global pool of valuable resources that include services, data, servers, apps, computer networks, etc. While it empowers people with efficient access to powerful data, the present scenario of the cloud computing process deals with certain challenges including high downtime, security issues, lack of transparency, etc., that cannot be overlooked. Presently, the cloud computing landscape is also largely monopolised by conglomerates such as Amazon, IBM, Microsoft, etc., which bind data in the hands of these companies. Reindeer is an unconventional platform that aims to make data freely accessible, thereby offering equal opportunities to thrive in this extensive digital landscape.

The Github of Cloud Computing

Reindeer aims to become the Github of cloud design. Github is an exceptional tool that has optimised the software product development process of over 27 Million engineers across the globe by offering them a vast information repository and a seamless way to collaborate.

Reindeer wants to offer the same services to cloud design creators in order to improve cloud computing provisions worldwide. The platform intends to incorporate an extensive repository along with a reward system in order to promote the creation of high-quality cloud design. Moreover, under its rewards system, the creators will be remunerated with tokens based on the quality of their registered cloud designs. These designs will be freely accessible to people in order to create online content based on their preferred configuration. 

Open Data Source

Reindeer manages the information in the form of open-data wherein, any individual can store as well as share data. By offering an open source platform, Reindeer aims to maintain searchability and reusability of the data. The platform has also identified the security threats that the cloud computing landscape has been dealing with over the past few years. To eliminate this inefficiency, Reindeer has leveraged blockchain technology to ensure transparent and secure information management.

Flexible Workflow System

Presently, many cloud computing platforms are restrained by complex exchange of documents and approval procedures. These enterprises adhere to IT governance which results in the creation of a flexible workflow.  With an aim to eliminate such a complicated working structure, Reindeer has developed a streamlined and flexible workflow system that seamlessly facilitates the entire cloud design process; from collaborating to auditing and ordering. The platform has built an interactive ecosystem that allows developers to communicate with one another and create, store, and share cloud designs.

Token Sale and Fund Allocation

REINDEERThe Reindeer Token (RDT) is an ERC-20 Ethereum compatible token. The value of one Reindeer Token is set at 0.001 ETH. The platform will be launching its first ICO on December 20th, 2018 that will last till March 31st, 2019. The token distribution will be implemented in the following manner:-

  • ICO – 50%
  • Fund Holding – 20%
  • Team – 10%
  • Advisors and Accelerators – 10%
  • Bounty – 5%
  • Community and Business Development – 5%

Reindeer intends to allocate the sales proceeds from the token sale in the following way:-

  • Marketing – 40%
  • Development – 30%
  • Contributor – 20%
  • Legal and Administration – 8%
  • Paid Content – 2%

Reindeer – Providing Equal Opportunities to All

Reindeer is a decentralised cloud computing network that works towards developing an extensive information database to facilitate cloud computing services like Azure, GCP, AWS, etc. By offering comprehensive information to the common masses, the system looks to encourage creators to exhibit their innovative designs and earn substantial returns from a global audience.

Learn more about Reindeer on:

Official Website: https://reindeer.tech/

Twitter: https://twitter.com/reindeer_press

Telegram: https://t.me/ReindeerProject

Disclaimer: This is a paid press release. Readers should do their own due diligence before taking any actions related to the company, product or service. 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 press release.

Continue Reading

Press Releases

This Blockchain Startup Wants to Help Users to Accelerate Wealth Creation Using Their Unique Offerings

Published

on

OroPocket

Blockchain Startup OroPocket is working towards enabling users to create wealth by bridging the gap between physical assets and DeFi.

OroPocket’s conception goes back to the Reserve Bank of India’s prohibition of facilitation of cryptocurrency transactions in Indian banks nearly immediately in 2018. This essentially signaled the beginning of the bearish ‘crypto winter,’ in which blockchain and crypto companies struggled to go ahead.

OroPocket LogoCo-Founded by Tarusha Mittal with Mohit Madan after the realisation to develop financial software that logged transactions on blockchain. This was the impetus behind Delhi-based Oropocket, a company that enables users to diversify their portfolios beyond conventional assets by investing in digital commodities such as digital gold and silver. Furthermore, it offers financial services to users on top of these investments, assisting with the liquidation of the assets.

As the world is starting to open up towards investing in digital assets, OroPocket is working towards meeting the increased demand from users wanting to explore new wealth creation opportunities.

OroPocket is a fast, simple-to-use online platform that enables access to digital assets on the go. Customers may invest in digital gold or silver, where they own the assets but do not have physical possession of them. The 45-person company keeps gold and silver reserves, which are distributed to users when they buy them online. Ethereum, Tezos, and Polygon blockchains all record ownership and future transactions. Users may spend, purchase, or execute UPI transactions that are backed by these assets. As a result, there is a guarantee that digital gold and silver are extremely liquid.

OroPocket received a $2 million investment in early 2021 from AU21 Capital, LD Capital, Rarestone Capital, Morningstar Ventures, NGC Capital, Alphabit, Moonwhale Ventures, Acheron Capital, Zokyo Ventures, and others.

According to Tarusha, they, like other blockchains, record transactions in secure, public ledgers, giving consumers peace of mind regarding the security of their assets. “When these transactions are recorded on blockchain, everyone can see them, resulting in greater transparency and security. With the introduction of Layer 2 scaling solutions like Polygon and Ethereum 2.0, the procedure becomes even easier owing to low gas costs (transaction fees),” she says.

OroPocket promises that its asset-backed banking services on blockchain (which are decentralised) are free of hidden fees and time-consuming procedures associated with conventional banks (which are centralised entities). The company earns money by collecting a 0.25 percent transaction charge on these transactions.

It also earns money from two other products, OpenDefi and UniFarm, which are part of the broader OroPocket family. “OpenDefi is a decentralised finance (DeFi) solution that combines real and synthetic assets (tokenised derivatives). The backend in this case operates on P2P (peer-to-peer) networks. We charge transaction fees to consumers as well as integration fees to developers that build on top of our protocol,” Tarusha says.

UniFarm enables users to bet their cryptocurrency holdings and earn up to a 250 percent yearly percentage return (APY). It is a farming approach in which blockchain projects collaborate to form a reward pool. Users may stake any token and get numerous tokens in exchange. Staking crypto is a procedure in which crypto assets are committed to maintain blockchain networks and validate transactions. The company does not charge users in the UniFarm concept, but rather the projects and blockchain networks that are connected.

Recently OroPocket has launched Auto-Invest Plan (AIP) with tokenised gold & silver, where users can start small by investing as little as ₹100 per day and have full access to their money. They can withdraw via UPI anytime, anywhere without incurring any fees. With one tap deposit, users can deposit INR in their wallet using OroPocket’s payment gateway. Money will be automatically invested every month (or the set frequency). It is a cakewalk to redeem your assets at maturity, you just have to sell your assets and redeem them from your wallet directly to your bank account at the time of maturity.

​​While there are many alternative DeFi solutions and crypto-backed yield farming protocols available worldwide, OroPocket says that it has no overall rivals with its product line. It is presently working on obtaining an NBFC license in order to offer lending services to customers as it seeks to create a comprehensive financial ecosystem for the crypto and DeFi sector.

OroPocket gold and silver tokens are the latest entry in the asset-backed crypto tokens space. Users can also withdraw their holdings to any ERC20 compatible Ethereum wallet. Since the assets are tokenised, they can be instantly transferred to any user across the globe even if that user is not on OroPocket, or even if that user does not have a bank account. Exchange your existing crypto with $ORO here. 

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. 

Continue Reading

Press Releases

South African Users Can Now Mine RENEC Token for Free on Remitano

Published

on

Mine RENEC

Global peer-to-peer crypto exchange Remitano is currently developing its native token, RENEC, to improve the quality of services delivered to customers, reduce transaction fees and ensure secure and swift transactions. While Remitano Network is still in the development phase, Remitano has provided an amazing opportunity for old and new Remitano users in South Africa to earn FREE RENEC via a mining program.

What is RENEC?

RENEC is an abbreviation of Remitano Network Coin. It is the token of the Remitano network, a blockchain designed to facilitate quick transactions at a reduced fee, a fast decentralized exchange with efficient escrow in place. The launch of the RENEC token was announced on June 30th, 2021.

What makes RENEC different?

Remitano Network is not a single blockchain, rather it is a set of blockchains. The initial network will be a simple value transfer one, similar to Bitcoin, Litecoin but with faster block time and more efficient consensus protocol. At this stage, RENEC will be called Remitano Electronic Cash.

RENEC will also be the base currency for the Token Decentralized Exchange and the decentralized fiat-token escrow that will be built on the Remitano Network. With RENEC, crypto swap and P2P trading fees will become cheaper.

Remitano commits to deliver the first 3 products for the Remitano Network as follows:

1. Low fee decentralized P2P electronic cash with Multisig capability

2. Low fee decentralized tokens exchange

3. Low fee decentralized escrow service

After that, remitano.com will work closely with the community in order to build other blockchain products.

The Remitano Network is designed to be scalable, therefore, new products will be built on it, consequently increasing the value of RENEC.

Check out the Official RENEC whitepaper to learn more about this token.

How to own RENEC?

Because Remitano holds its investors and traders in high esteem while also reducing risk, Remitano will not hold any ICO for RENEC. It is different from other ICO’s where investors will have to pay ETH or BTC to secure a specific amount of the coin. Instead, RENEC will be given out freely to both new and old Remitano users in South Africa and other countries through mining.

For now, Remitano only allows mining through the Remitano mobile application. So you need to Install Remitano App and begin mining RENEC at the tap of a button.

4 easy steps to mine RENEC

1. Download the Remitano app on PlayStore and AppStore.

2. Register or log in to the app

3. From the list of menu that is displayed, click on “Mining RENEC”. This should take you to the mining page.

Mining Renec 3

4. Click on the “Mine RENEC” button to start mining

Mining Renec 2

Eventually, it will show the progress of your mining RENEC like this image:

Mining Renec

Users must have registered an account with Remitano and verified their phone number to be eligible to mine RENEC. Mining RENEC is not automated so once you already have the app you have to log in to your account every day to mine RENEC.

A user can mine up to 0.02 RENEC per hour depending on the level of verification. Complete up to level 2 of verification to increase your mining power. You can also boost your RENEC rewards through Remitano referral. When your referrals mine successfully, you earn 20% of their mined RENEC.

Check out the definitive guide of the RENEC token.

Remitano will continue to build products on the RENEC network. This will give RENEC a lot of utility and usage. Also, the fact that Remitano is a very popular escrowed P2P cryptocurrency exchange in multiple countries across the world, with time, the value of RENEC is likely to increase which is why you should try and get the token now that it is free.

About Remitano

Remitano is one of the largest peer-to-peer (p2p) cryptocurrency trading platforms in the world, currently serving users in more than 30 countries. The platform provides an escrowed p2p crypto marketplace allowing users to buy bitcoin in South Africa and cryptocurrency easily and safely. Remitano is a market leader in the p2p platform space, featuring an intuitive and user-friendly interface, 24/7 customer support, and boasts some of the lowest fees in the industry.

Got Questions?

Reach out to Remitano via:

E-mail: marketing@remitano.com 

Socials: Facebook, Twitter, Instagram

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. 

Continue Reading

Press Releases

BC.GAME Achieves Major Crypto Milestone! Converts License Into NFT

Published

on

BC.GAME

August 28, 2021 – We have fantastic news to share with you today! BC.GAME just added another feather to their cap! BC.GAME is now the proud owner of the much-awaited Curacao License!

LicenseCuracao Interactive Licensing N.V.(CIL)  is one of the top four most popular globally acknowledged casino licenses! In addition, Curacao Interactive Licensing N.V.(CIL) is one of the four master operators who received oversight roles from the Curacao government. The other three are E-Gaming (N.V. 1668/JAZ), Antillephone (N.V. 8048/JAZ), and Gaming N.V. (365/JAZ).

Curacao has an excellent reputation for having a trustworthy, responsible, and stringent licensing protocol. Having a Curacao license means adhering to all rules and complying with all applicable regulations!

In easy terms, it means BC.GAME will have a better standing with other companies and partners in the crypto gaming industry! This further strengthens the company’s beliefs of providing complete security and an optimal & provably fair gaming experience to their users! 

A Curacao license opens up more significant avenues for a crypto gaming platform! This further makes it possible for BC.GAME to provide their players with better games, bigger rewards, highly recognized providers, easier integration of new currencies, to name a few!

For you, our dear community, it means a better and more trustworthy platform with a great gaming experience and a wide variety of games to choose from!

Obtaining the Curacao License helps BC.GAME attain a recognized standing in the global market and significantly strengthens its position as one of the Best Crypto Casinos! You can find the original company license here.

As the first-ever casino to support Bitcoin Lightning Network; BC.GAME is determined to achieve a globally acclaimed compliance standing! But all in good time as this is just the beginning!

For security, the license was uploaded to the decentralized storage blockchain, the IPFS, and minted into an NFT compliant with the EC-721 standard before being transferred to BC.GAME’s ENS bcgame.eth account.

The online crypto gambling platform’s decision to secure the CIL sub-license in the IPFS before minting it as an NFT shows the flexibility and possibilities of blockchain, which BC.GAME is amongst the first ones to achieve!

All users, including regulators worldwide, can now view the license, which is an efficiency win, considering how governments have stepped up, shifting their muzzles to crypto entities.

BC.GAME would like to extend their heartfelt gratitude to each of their amazing players who stood by them and pushed them to reach greater heights with each achievement!

BCGAME

The company further mentions, “Thank You for trusting us and providing your unwavering support to BC.GAME! We are because of you! Thank You ! We aim to provide our players with the best crypto casino experience full of huge winnings, fun, and good times! But, as we always say, Don’t Trust, Verify It.

Once again, we thank you, dear players, for constantly pushing us to be the Best!”

And to all the new users, they say: “Welcome! Become a part of the most rapidly growing crypto gaming community and have an experience like no other!”

Congratulations to all, and we wish you a super lucky winning time!🍻🍻  Join BC.GAME now!

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. 

Continue Reading

Popular Posts