LightBitAtom Builds Decentralized Future of Crypto Exchanges

The new project aims to create a peer-to-peer system for cryptocurrency trading, providing a platform that cannot be stopped or censored
30 April 2018   21455

Crypto markets have been booming recently, with new altcoins springing up like mushrooms after the rain. This plethora of options has highlighted the need for an extensive and sophisticated framework enabling market participants to buy, sell and exchange their digital assets safely and efficiently.

Existing crypto exchanges and other intermediaries have numerous weaknesses and limitations. They remain illiquid and fragmented, charge high transaction fees, offer a limited choice of traded currency pairs, and the process of account verification might take up to several days. Besides, due to geographic location and national regulations peculiarities, not all of them are available worldwide.

Last but not the least, when using such a centralized exchange, you have to open an account wallet and entrust your funds to this exchange, thus running a high risk of losing your money or confidential data as a result of hacker attacks or hardware failure like it was with MT GOX, Cryptsy, Mintpal and etс.

ComparisonComparison of centralized and decentralized exchanges

LightBitAtom has a solution that can overcome all the vulnerabilities of existing exchanges by introducing a new multi-crypto decentralized exchange (DEX). It has an automated trade execution p2p system designed to facilitate buying and selling multiple cryptocurrencies all over the world safely and with the lower exchange rate as compared to other platforms. No identity verification means that users will have a high degree of privacy and protection from identity theft.

LBALightBitAtom

LBA promises to be a significant contribution to decentralization. The project represents a concept, on which the combined technologies of the Lightning Network and atomic swap are implemented. Atomic swap allows to exchange cryptocurrency without a third party. Without a trusted third party, it becomes less vulnerable and is better protected from attacks. The LBA platform becomes a global marketplace for all digital assets and applications.

Atomic swapLightning network + atomic swap

Everyone can be part of a new global decentralized marketplace which facilitates anonymous and safe high-speed p2p trading, with no third parties and censorship and full control of your funds. LightBitAtom will also offer token rewards for high volume traders and for new sign-ups through a special referral program. Customers will be also able to use LBA tokens to pay trading fees or gain premier access to the platform.

The pre-sale round commenced on April 15, 2018 and will last until May 6. The ICO starts on May 7 and is scheduled to close on July 15. The total supply of LBA tokens is limited to 1.205 billion, with 87% of them to be distributed in the ICO. The exchange rate of 100 LBA is set at $1, with bonuses available for early adopters. The project developers hope to reach a hard cap of $8 million. All unsold tokens will be destroyed.

For more information please visit the website of the project

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Top Ongoing ICO 30th September - 6th October

Check these cool new ICOs: PlutusX, Rays Network, INGOT COIN, Multiven, Tresorio HUB, PARQ and Remoneta
30 September 2018   401

Every week we find a large number of projects which are holding Initial Coin Offerings in order to be able to bring their incredible ideas to life. There are a lot of news regarding ICO and cryptocurrency, and we do our best to report about the updates released, or the crypto conferences held all over the world. And now it’s time to look at the ICO market! In a list below you will find our reviews of the projects we consider worth looking at this week. As you already know, Hype.Codes team is working hard to deliver all top-notch ICO news!

Current list for quick navigation PlutusX, Rays Network, INGOT COIN, Multiven, Tresorio HUBPARQ, Remoneta

Ongoing ICO

Don’t forget to read to the bottom and take part in our poll about upcoming ICOs.

1. PlutusX

Hype.Codes rate  92

PlutusX’s mission since its inception in 2015 has had one core drive: to reinvent the way investing was perceived. We planned on disrupting the status quo by providing tools that otherwise would have been exclusively reserved to the ultra-wealthy. We have now advanced our mission with the progression of blockchain technology and decentralized tools, that will allow us to take our mission to a global and borderless platform. The potential to satisfy the demand for aggregated financial services in the crypto industry is perhaps the most exciting banking development of the past 100 years. The prize for those who are successful is a place on a global banking landscape that can never be matched by any traditional banking development plan.

Vote for this ICO

Sales dates: Jun 27th - Oct 30th
Accepted currencies. BTC, ETH, LTC, XRP, Fiat
Soft cap $3M
Hard cap $38.4M
Website and Whitepaper 

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2. Rays Network 

Hype.Codes rate  90

Rays Network is based on a whole new blockchain technology which is growing and improving all the time. For a few years now, blockchain technology has been increasingly adopted, but there are still many problems that hold this technology back from going mainstream. Rays Network is looking to solve many of these problems. Rays Network is a cryptocurrency that aims to Revolutionize your experience within the cryptocurrency world. We have identified common cryptocurrency issues ranging from usability to how decentralized systems operate. We are adopting known features inside cryptocurrency world such as Delegated Proof-of-Stake (DPoS) and Bulletproof algorithm but we have modified features to accommodate our community’s needs.

Vote for this ICO

Sales dates: Jul 1st - Dec 31st 
Accepted currencies. ETH, BTC, XSH
Soft cap $2M
Hard cap $20M
Website and Whitepaper 

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3. INGOT COIN 

Hype.Codes rate  89

INGOT Coin is the first fully integrated Wallet with a Digital Bank, Brokerage, Exchange, Certifier, and ICO Accelerator. All components are rolled into a single and complete ecosystem, which rewards token holders and consumers for using and contributing to it. INGOT Coin is a decentralized cryptocurrency which provides benefits and discounts within the ecosystem itself. IC will be based on a ERC20 technology.

Vote for this ICO

Sales dates: Jul 1st - Oct 10th
Accepted currencies. ETH, BTC, TIO, Fiat
Soft cap $37M
Hard cap $90M
Website and Whitepaper 

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4. Multiven 

Hype.Codes rate  85

MULTIVEN OPEN MARKETPLACE: The world’s first blockchain-based marketplace for the global $3 Trillion IT products and services Industry. - Reduce your IT hardware, software & services costs by up to 75%. - Decentralise your procurement worldwide. - Buy and sell, new and used equipment, peer-to-peer.

Vote for this ICO

Sales dates: Jul 1st - Oct 9th 
Accepted currencies. ETH, BTC, LTC, EUR, USD
Soft cap 10M EUR
Hard cap 50M EUR
Website and Whitepaper 

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5. Tresorio HUB 

Hype.Codes rate  80

Tresorio HUB is a transparent, decentralized, sustainable and scalable ecosystem, accessible through a cloud platform, our HUB Platform, allowing an easier access to computing resources. These resources will be used for various use cases such as blockchain mining, 3D rendering, Machine Learning model training, or complex scientific computations. The HUB platform will be powered by our Green Network’s clusters and smart-boilers, as well as computing resources made available from thousands of contributors through decentralized marketplaces. Our ambition is to create an efficient ecosystem, democratizing access to computing resources to all types of users. We aim at disrupting the centralized paradigm in Cloud Computing.

Vote for this ICO

Sales dates: Jul 5th - Oct 31st
Accepted currencies. ETH, BTC, BCC, DASH, DCR, DGB, ETC, GNT, KMD, LTC, NEO, NXT, OMG, RLC, SIA, XMR, XRP, ZEC
Soft cap 7600 ETH
Hard cap 109,6k ETH
Website and Whitepaper 

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6. PARQ  

Hype.Codes rate  79

Parksen combats worldwide traffic congestion and pollution through a Green, Smart and Connected City Platform, which utilizes the IOTA and Ethereum blockchain, smart contracts, IoT devices, artificial intelligence and a real-time parking app. The Parksen parking app, running in over 100 Dutch municipalities, allows drivers all around the globe to find and pay for their parking spaces in advanced, showing them the closest one to their destination, saving them money, time and frustration, as well as helping to reduce CO2 emissions. We receive a 5% kickback fee on all parking transactions that were activated by our cloud based SAAS solution, and by distributing smart, low priced IoT devices and a free-to-use platform to commercial parking providers and local, regional and national governments, we aim to disrupt a 100 billion dollar industry.

Vote for this ICO

Sales dates: Aug 1st - May 31st 
Accepted currencies. ETH, BTC, Fiat
Hard cap $19.5M
Website and Whitepaper 

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7. ReMoneta 

Hype.Codes rate  80

ReMoneta Taking crypto to the mainstream ReMoneta is the only land-backed system in crypto, delivering real measureable and stable value today. ReMoneta is a strongly-capitalised ReFinTech company based in the EU combining real estate, finance and technology. At the centre of ReMoneta is our community. Together we have designed a frictionless hub - the safest and most stable integrated online currency system in the market. It is the only online currency and payment system with a fully stable price, zero transaction costs, large scaling and instant network verification, land backed and totally secure where community members and retailers earn money from "community mining" via their real world actions to promote positive global values and the community. The system allows micropayments - opening up a new industry as well as members being able to create code or even a business node on the network. ReMoneta solves the key problems in crypto today, creating a central hub between crypto and commerce, allowing crypto to go mainstream.

Vote for this ICO

Sales dates: Jul 24th - Oct 31st
Accepted currencies. ETH, BTC, Fiat
Hard cap $5M
Website and Whitepaper 

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Hype.codes team works everyday to bring you the best reader’s experience. We are trying to add some new cool features every day. Hype.Codes Rate is average, abstract ranking of ICO, that we give to every upcoming ICO. It depends on such criteria:

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Top Ongoing ICO 30th September - 6th October Poll

We are constantly updating the list of top ICO and we would like you to share some thoughts on which Token Sale from 30th September to 6th October is the most appealing to you. Which one seems interesting for you to invest your funds, and which one, in your opinion, will bring the most profit? Please, select one of the options below