LIFEwallet and LIFEcards About to Be Released

LIFEwallet and the first LIFEcards should be released to the public in April 2018
28 March 2018   609

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 roadmap of LIFE, LIFEwallet and the first LIFEcards should be released to the public in April 2018. The users will be able to utilize LIFEwallet online portal or mobile application to convert their preferred cryptocurrency to an equivalent prepaid balance on the LIFEcard in seconds. LIFEcard is a prepaid card, and while there are strict identity verification checks, there will be no credit checks or credit limits.

Life cards samples cryptoLIFE cards samples

According to the website of LIFE, LIFEwallet is being developed alongside LIFEcard as an integrated companion application, and a crytocurrency wallet in its own right, but the further details will be announced separately.

As for the future plans of LIFE, May 2018 will be marked by first LIFE conference in London, and Cryptosaurus will adopt LIFE as a payment method, and the Stage 2 of LIFE adopters will be announced in June, 2018.

Сould you please attach your email address for us to send you the most interesting ICO's rating and reviews. No spam.

CFTC to Issue ICO Investor Advisory

Before buying coins, you need to thoroughly study their nature and understand what factors can affect their price, CFTC advises 
17 July 2018   116

The US Commodity Futures Trading Commission (CFTC) published a document with recommendations for potential investors in ICO projects and token buyers. This is reported by Coindesk.

The agency's document says that before buying coins, you need to thoroughly study their nature and understand what factors can affect their price.

Also, a potential buyer should remember that, depending on the structuring, some tokens can be derivatives, commodities or securities.

Buying digital coins or tokens only because you expect to sell them at a higher price later is the definition of speculation and carries considerable risk, regardless of how good a white paper, application or business plan sounds. Unfortunately, fraud is another significant risk to consider. Your best protection is to thoroughly research digital coins or tokens and exercise caution. 
 

CFTC ICO Advisory

The guide also states that before investing in the ICO, it is necessary to find information about the organizers of the project, and also to find out whether they themselves participate in their  ICO.

Representatives of the agency also refer to the study, according to which more than 50% of ICO start-ups ceased to exist during the first four months after the end of the token.