Authorship launches its book publishing platform

A single platform for readers, writers, translators and publishers Authorship is officially launching on June 1
22 May 2018   674

Authorship is a platform for all those who is involved in the publishing industry and simple readers. The purpose of the project is to solve the problems of the conventional book publishing industry. Thus, authors have the ease to get their books published; publishers can easily locate authors seeking their book to be published; translators can find popular books and translate them; and readers can easily find and read books of any liking. And the official project launch is set on June 1. Back in April Beta v2.0 was released: it brought a new responsive design, a new interface and features.

On the other hand, the platform recognized the importance of the exchange the Authorship token is listed. A close partnership with Bancor exchange has provided liquidity to ATS and a stable environment where any user can trade ATS with and from ETH or any other token that is a part of the Bancor network. The initial exchange ATS got listed on - HitBTC, was reluctant to address the user complaints on trading, depositing and withdrawal, so the contract was not extended further.

Authorship Beta platform

Currently, the Beta platform has 85 items of books of different genre. The platform supports the purchase with both ATS and USD. To learn more about the project, you can visit the official page here. At the moment of publication, Authorship market parameters are as follows:

Average price 0.007751 USD
Market cap 759,392 USD
Volume (24H) 4,259 USD

Pure Bit to Refund Investors' Money

Another cryptocurrency scam storu may have happy ending
15 November 2018   70

The founders of the South Korean exchange Pure Bit, who were suspected of stealing investors' money, announced the return of funds.

According to the local edition of BlockchainROK, representatives of the exchange have already partially returned the money to some users and pledged to return all other funds.

On November 4, the exchange team launched the ICO with the goal of collecting about $ 30 million to create a crypto exchange. However, on November 9, Pure Bit closed the site, said goodbye to its investors and removed everyone from the group in the KakaoTalk messenger. Also, the founders of the exchange withdrew funds from the account that was used for ICO.

According to CCN, one of the issues traced the Ethereum address of the exchange and asked Upbit to block the account and freeze the funds. Upbit fulfilled this request.

This is Pure Bit. First off, I would like to apologize to everyone that was affected by the ICO. Since November 5, I raked in 16,000 ETH and did not open a crypto exchange as promised. I kicked out everyone in our social media chat groups and disappeared without any message. I negatively affected investors in the project psychologically and financially. I made an unforgivable mistake that cannot be turned around, blinded by money. It has been less than a day and I have already started to suffer from guilt. Although it cannot be compared with the hardship faced by the investors, I also felt significant guilt. I sincerely apologize to all of the investors in the ICO who were affected by the operation.
 

CEO of Pure Bit

The founder of Pure Bit also notified that he would return ETH 16,000 to depositors without taking into account the payment of services to a third-party company that organized ICO.