Adel Swaps to Ethereum Ecosystem

ADL swap from the Nxt ecosystem to the Ethereum ecosystem is scheduled to occur on February 15, 2018
15 February 2018   1032

Adel is a global cryptocurrency community that offers its own economic ecosystem as a community-powered startup incubator with the Adelphoi coin. It focuses on creating, developing, and implementing use cases involving blockchain technology.

Back in November, the Adel community voted to migrate one of their tokens (ADL) from the Nxt ecosystem to the Ethereum ecosystem. The Swap is scheduled to occur on February 15, 2018.

Moreover, the Adel team has issued a special guide on how to create an Ethereum wallet and move users' coins from Nxt. 

ADL to Ethereum Swap exampleAdel to Ethereum Swap Example

As for the exchange listings, Adel team reported working on getting ADL Ethereum on several top exchanges and stated that it would keep the community posted through social channels announcements.

At the moment of press, these are main market parameters of ADL token:

Average price: $0,086525
Market cap: $2 030 927
24h volume: $1 966

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Eidoo to Release Gold Backed Stablecoin

New stablecoin is called Ekon and it will be possible to it for one gram of gold of 999 test
20 September 2018   252

The Swiss blockchain start-up Eidoo has joined the ranks of projects launching own stablecoins, announcing the creation of a stable coin tied to the price of gold.

Eidoo's stablecoin is called Ekon and is a token compatible with the ERC-20 standard, which will be available in a multi-currency purse and on a hybrid decentralized project exchange. It will be possible to exchange 1 Ekon for one gram of gold of 999 test, which is in a special storehouse. Reserves of gold will be audited every 90 days, moreover, to increase confidence in the token, the company promises to be able to watch gold vault via a video camera.

The profit from the purchase and sale of Ekon within the Eidoo ecosystem will be converted into a native EDO project token.

Despite the uniqueness of the offer of the Swiss start-up, not all experts agree with its usefulness, since the price of precious metal is not so stable. So, for the last six months it has fallen by almost $ 150, however it has grown by $ 25 since the end of August.

In October 2017, Eidoo raised $ 27.9 million in a token, and in April of this year received a license from the Swiss Financial Services Standards Supervision Authority (VQF) under the national financial regulator (FINMA).