Wanchain holds a meetup in Tokyo

Wanchain Foundation Ltd. is hosting a meetup session in Tokyo on April 6 to share its vision and power
01 April 2018   470

Japan was chosen to be the first stop of Wanchan ecosystem world tour. On April 6 in Tokyo the project is hosting a meetup event. Wanchain is going to share its vision and power. Specifically, in the light of the recent inclusion of 3 vertical applications into Wanchain ecosystem, the project will introduce the applications and give insights on the coming ICOs of each of them. Those are: AllSpark (knowledge sharing platform connecting user-generated content, We-media and advertisers), GameBank (open and transparent gaming blockchain) and UTour Chain (tourism chain to design user's own travel plan). The hosting venue will offer snacks and beverages for all the attendees. The schedule of the event goes as follows:

  • 18:30-19:00 Onsite Registration
  • 19:00-19:30 Presentation by Jack LU, Founder of Wanchain
  • 19:30-20:00 AllSpark Project Introduction,by Kevin McKenzie Cook, President of AllSpark
  • 20:00-20:30 UTour Project Introduction,by Bowen LU, Co-founder of UTour
  • 20:30-21:00 GameBank Project Introduction,by Joey Huang, Co-founder of GameBank
  • 21:00-21:30 Free Discussion on Wanchain and Its Three Projects Issues

Wanchain is trying to connect all the chains in the future with its own cross-chain protocol. Being a public chain the project provides an ecosystem for vertical LANchains to encourage the adoption of the blockchain technology. Recently, Wanchain has proved to be one of the most visible and reliable public blockchain worldwide.

As of the moment of the publication, the market parameters for Wanchain are as follows:

Average price: $2.95

Volume (24H): $6,631,440

'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.