“Bitcoin City” set to recieve 21 million visitors a year

Launched in Ljubljana, Slovenia “Bitcoin City” is a entertainment and shopping center of over 4,000 businesses unified with a common crypto-payment platform
06 June 2018   1359

Sadly, real-world usecases for cryptocurrency have been lacking, or at least far behind the online implementations. The new pilot site called “Bitcoin City” aims to prove once and for all, that cryptocurrencies can be used in a large-scale business and entertainment applications.

The site is located in Ljubljana, Slovenia and is a commerce complex with a waterpark, a cineplex, a casino, hotels, more than 70 bars and restaurants and shopping for over 10,000 brands of clothes and goods. All this business and entertainment opportunities crammed into one big complex is a perfect place to test mainstream crypto adoption. It's estimated, that annual visitor count will exceed 21 million with more than 4,000 businesses gathered under one roof.

The whole project is powered by an AI- and blockchain-based cognitive commerce platform Eligma. The Slovenian AI developers has created a blockchain payment solution EliPay and now are testing it at the “Bitcoin City”. As part of the whole process, vendors will be equipped with EliPay cryptocurrency transaction terminals, and customers will be able to use a mobile app, for now for iOS, with a release on Android in near future. Right now the app supports Bitcoin and Bitcoin Cash, with more cryptocurrencies coming along. Also, the app will be part of a unified loyalty program for the whole “Bitcoin City”.

GRAM May be Traded at Liquid at Triple ICO Price

Bloomberg says that Telegram tokens, that may appear at Liquid will be sold by Gram Asia at $4 per token, but there's no official info from Telegram
04 July 2019   961

Even before the official public release of the cryptocurrency of the messenger, Telegram can increase in price by 200% relative to its value during the initial offer of coins. It is reported by Bloomberg.

As previously reported, Telegram tokens may appear on the Liquid Bitcoin Exchange already on July 10. The distributor is Gram Asia, which calls itself the largest holder of GRAM tokens in Asia. It intends to put up for sale rights to cryptocurrency at $ 4 per unit.

At the same time, one of the investors said to the publication that at the time of purchase the price of 1 Gram was $ 1.33.

It is worth noting, however, that after the announcement of the public sale of Telegram tokens to Liquid, the media reported that this intention had nothing to do with the official plans of Telegram.

Then one of Telegram's investors stated that no one has the right to sell tokens before their official launch in accordance with the signed agreement. Moreover, representatives of the popular messenger noted that they first heard about Gram Asia.

Later, CEO Liquid Mike Kayamora admitted that Telegram has no relation to the placement on Liquid: the deal was concluded exclusively between the exchange and Gram Asia, which allegedly is an incubator for the TON project.

The Block's leading analyst Larry Chermak on several tweets expressed skepticism about the announced Telegram tokenale based on the Liquid stock exchange, saying that he would “think twice before making a decision to invest.”