Antshares gained 400% in one week

Chinese blockchain platform received a "boom" growth
23 June 2017   1396

AntShares is a Chinese blockchain platform. It had big price spikes recently, now is at 9$.

Blockchain

Distributed database that is used to maintain a continuously growing list of records, called blocks

AntShares Charts
AntShares Charts

This blockchain platform is not popular in the Western world now. It is due the fact that it is not targeted at western customers. It's about time to get familiar with this product.

What’s inside?

AntShares features:

  • It uses smart contract like Ethereum, but it is possible to held multiple classes asset in one chain.
  • Platform is Sino-centric.
  • It is focused on “digital asset registration,” and has successfully helped more than one firm.

Can AntShares become a Badu for Bitcoin's Google? Fact that AntShares is native for China and "knows" how to navigate in it's regulatory landscape can really help this platform to become successful. AntShares is far from Bitcoin and it can be it's plus too.

Local currencies and networks

The main factor of currencies' popularity is its social acceptability and social network effect. Facebook is not main social network in a lot of counties, for example, China and Russia have their own social networks. Facebook competes for users in this countries with local social networks.

Same with Bitcoin. Worldwide this currency is or not, Bitcoin is less popular in non english-speaking regions. It is much harder to learn about it in places like China. So, projects like AntShares have all chances to get its regional alcove. Same for Russia - instead of Bitcoin, russian users can get homegrown analogue. There are two variants, why AntShares received such a "boom" growth:

  1. Upcoming conference.
  2. Cryptocurrency enthusiasts are looking for other innovative projects which appear untapped.

If AntShares will become more widely used in China, it can get a many-fold value rise and at the moment we may be witnessing only the beginning.

Messari to Raise $4M

According to the CEO of the startup more than 60 cryptocurrency projects use company's services
14 November 2019   104

A crypto-industry-specific startup, Messari, has completed a funding round led by Uncork Capital, which also included Blockchain Capital, CoinFund, Danhua Capital, Fenbushi Capital, Coinbase Ventures and former Coinbase technical director Balaji Srinivasan.

Former Managing Director of CoinDesk and CEO of Messari, Ryan Selkis, noted that now more than 60 cryptocurrency projects, as well as “the world's largest exchanges, funds and information service providers” use his company’s services. According to him, the funds raised will be used to automate the processes of receiving and processing data, as well as to expand the product line.

Founded a year ago, the company previously raised $ 1 million in seed investment from Danhua Capital, Blockchain Capital, Anthemis Group and other venture capital firms.

In the third quarter, Messari introduced a regulatory compliance asset monitoring service that also measures the market supply of coins. In addition, the company launched a beta version of the Messari Pro platform, which includes a set of professional tools for market analysis.