Crypto 2.0 Roundup: SEC Rumours, Swarm's Payday and Ethereum's Expansion
While the crypto 2.0 sector of the digital currency industry is showing strong signs of maturity, it has also begun to attract its share of controversy. Following their emergence in late October, rumours that major projects in the space could soon face additional scrutiny from the US Securities and Exchange Commission (SEC) have continued to persist into November. For all the conversation surrounding the possibility, however, major publications have struggled to find evidence that any crypto 2.0 projects have received letters. At press time, however, at least one lesser-known investment....
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Swarm, a next generation crowdfunding platform leveraging Bitcoin technologies, has announced the first five companies that will raise funds on the Swarm platform: Manna, Coinspace, Swarmops, Judobaby, and DDP. Swarm interviewed Sol Lederer from Coinspace, a 20,000 square foot workspace in Brooklyn; these are some of the insights Sol reveals. What is Coinspace? “We want to build a co-workspace in Brooklyn that operates for crypto-businesses — whether it’s freelancers or startups. We’re going to operate with crypto internally so all the membership dues, and all our internal operations will....
A new distributed storage platform has been announced, called Swarm. What is even more interesting is how this project is a native base layer of the Ethereum web three stack. Additionally, Swarm could also be used as a content distribution service, which opens up exciting opportunities. Similar to every project in the world of blockchain and cryptocurrency, Swarm has one clear objective: creating a decentralised and redundant store of Ethereum’s public record. Or to be more precise, the company wants to focus on storing and distributing Dapp code and data, as well as blockchain data....
Thomas Jefferson once wrote: “I believe that banking institutions are more dangerous to our liberties than standing armies.” Banking, overall, has been severely toned down from the days of yore. In particular, the focus of regulation has been against the unethical practice of usury. When it comes to the regulation of usury in the United States, it is the states that have the primary powers. They can create legislation on how much interest can be charged legally among other things. However, a queer situation exists when it comes to payday loans or payday advances where the federal....
A big piece of ethereum's decentralized "world computer" will be launching its first public testnet in the coming weeks. With the launch of the Swarm testnet, the network will be open for any developer to test the new file storage system and identify and fix potential issues. Developers can also use any ethereum client (whether geth, parity or the python client) for their work. According to developers involved, the move that takes the project one (small) step closer to making its full vision a reality. On the Internet today, centralized servers owned by for-profit companies hold....
Swarm is opening its second round of investment for projects on its crowdfunding platform, as well as revealing a new legal structure for distributed organizations. Along with what they believe to be new, sound legal footing is a new name for these newfangled blockchain powered organizations: Distributed Collaborative Organizations or DCOs. Swarm, for the uneducated, is a crowdfunding platform and bitcoin incubator that utilizes both Ethereum and Counterparty to enable companies to launch their own coins for crowdfunding and the holders of Swarm's own coin will receive a proportional....