LIFE Token to Release Roadmap by the End of April

LIFE anticipates a window to allow them to redefine the goals, and the new road map will be released by the end of April 2018
12 April 2018   715

LIFE is digital cash, which functions as a reward system for large businesses, charities, communities and innovation projects. It can be bought, sold and traded like shares or can be used to purchase items from a growing number of retailers.

According to the March 5 LIFE update from Luke Chittock, the recently appointed MD, LIFE anticipates a six month window to allow them to redefine the goals, with a new road map to be presented by the end of April 2018.

The previous road map has lapsed, as has certain areas of development as new adopter opportunities have altered the product road map deliverables. The new road map and development schedule once finalised will not be subject to any deviations because we are taking the time to fully scope the requirements and ensure we can fully deliver on the objectives we set as a business.
 

Luke Chittock

Previously, we have reported that LIFEwallet and the first LIFEcards are also released to the public in April 2018. In May 2018 LIFE will hold a conference in London, and the Stage 2 of LIFE adopters will be announced in June, 2018.

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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   256

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).