DECENT is set to hold the 5th community meetup

DECENT Foundation is hosting a meetup session in Slovakia on March 27 to share with its current project a mobile gaming platform
22 March 2018   407

A Swiss company DECENT Foundation, focused on using blockchain to address the most prevalent issues of the digital era, is going to host the fifth workshop meetup on March 27 at 0100 Campus building. This time the topic is DECENT's own mobile gaming platform that is created in a close partnership with games distributor Dragonfly. Product Manager of DECENT Tomáš Koprušák will join the event.

The mobile gaming platform - ALAX, is actually a distribution platform that utilizes ALAX tokens to allow customers pay for the game and in-game purchases directly to the developer. This approach significantly reduces the price of the content, expedites the transaction and on top of that - game developers can exchange ALAX tokens for fiat currency of their liking at any time. Along with the native token, the platform uses blockchain to record all of the transactions that will certainly help developers attain a much clearer overview of the state of the market.

Since partnering with Dragonfly we have been committed to providing a framework where users have a method of payment that is as easy as an SMS payment, but where collection would be instant, and with no commission. We are proud to have made this possible with the launch of ALAX.

 

Matej Michalko

Founder, CEO and President, DECENT

At the moment of the publication, the DECENT market parameters are as follows:

Average price: $0.466886

Market cap: $23,954,095

Volume (24h): $269,774

'Kodak Miner' Turned Out to be a Scam

KashMiner by Spotlite USA was promoted as Kodak branded bitcoin miner 
17 July 2018   137

The KashMiner bitcoin miner, exhibited at the Kodak stand during the CES technology show in Las Vegas, was in fact a product designed to mislead potential consumers and with a potentially unattainable potential return. This is reported by BBC.

Spotlite USA is licensed by Kodak's lighting division, which allows it to use the famous brand in its products. In January 2018 the company introduced its miner and announced that it intends to lease it. According to its business plan, potential users had to pay a commission before getting the device. It was expected that after depositing $ 3,400, the customer will receive a device that will allow him to easily cover expenses and receive revenue from bitcoin mining.

However the company did not have an official Kodak license to use the brand in the production of mining equipment and initially overstated the indicators of the potential profit of its device, refusing to take into account the growing complexity and costs of bitcoin mining. The advertising materials reported that KashMiner brings $ 375 a month, which, subject to a 2-year contract, would allow the client to receive $ 5,600 of profit after paying a commission. Experts from the industry of cryptocurrency call this offer a scam.

There is no way your magical Kodak miner will make the same $375 every month.
 

Saifedean Ammous

Economist

CEO Spotlite USA Halston Mikail previously reported that he plans to install hundreds of miners at the headquarters of Kodak. According to him, he already managed to place 80 miners there, but the Kodak spokesman denied this information.

While you saw units at CES from our licensee Spotlite, the KashMiner is not a Kodak brand licensed product. Units were not installed at our headquarters.
 

Kodak Spokesman

In a phone call with the BBC, Spotlite's Halston Mikail said the US Securities and Exchange Commission (SEC) had prevented the scheme from going ahead.