Adfete is a new platform I'm working on, It's pretty straight forward so I wont subject you to a tonne of reading before giving you the summary.......

Adfete will be a platform, utilising crypto currency, which will allow people to buy and sell product placement in any form of media. I'll let that marinade in your mind for a moment.

I had the idea when I learned of a story that the daily telegraph (big newspaper in UK), would not cover the HSBC drug cartel money laundering scandal, because HSBC were a major advertiser. I wondered who would cover this story? Young turks? Max keiser? A whole host of other shows with a tiny foloowing and almost zero advertising dollars behind them. Is this because they don't get the viewership figures? Is this because brands dont know where to go to contact these people to make proposals?

I watch a lot of music videos on YouTube, here's one I'd typically watch


5 million views over the course of a year - all with some very specific analytics. I'm pretty sure the uploader knows the ages and locations of most of the viewers, along with a whole host of other metrics. This is an independent video, shot by a couple of kids from london, on a budget that would rival my monthly petrol bill. The next time they shoot a video I'd happily pay them 1-2k to advertise my sneaker brand, knowing it'll have 5 million eyes on it (allbeit not unique hits), assuming they'll throw in a tweet to their 41k followers, and a link in the description to my website to buy the shoes. Perhaps I know nothing about product placement prices, perhaps that exposure is only worth 500 quid..... I'll tell you what, I bet these would of taken the money!

lets put this into context : The Great British Bake Off most-watched TV show in 2015. With more than 15 million viewers - The most watched show on commercial TV was the britains got talent final which had 12.51 million viewers, Just imagine how much you'd pay to have cups in front of the judges for 12 million viewers. In music video terms thats not close to the best of the year, Zayn malik will rack that up in a few hours, 6 months later he's at half a billion, what price for him to wear a certain watch in his next video? Or maybe sing about getting his girlfriend your fragrance? just a line has to be worth quite a bit, but its purely speculation, AdFete would build a market and let it decide.

Dash, (www.dash.org) for me was the first DAO, people may argue it was Bitcoin, but that's all happening in another blog post somewhere. Anyway...... For me it's highlighted exactly how easy it is to implement the wishes of the community with cryptocurrency. Nxt (www.nxt.org) makes it super easy to set up a mechanism for paying your share holders. So that could be incorporated also into the platform.

I've started building the platform, and I'm floating the idea about to see what people think, I've not even mentioned Porn yet, we'll save that for another post, when I've gotten my mind around the moral implications. So what do you think? A place to make the home twitch streamer a couple extra quid, or to fuel the next generation of investigative journalists, as long as they get views, they can engage in some native advertising.

feel free to check out the forums while they are being developed http://adfeteforums.com/
and the website http://adfete.com/

It's going to be a great journey

Adfete is a new platform I'm working on, It's pretty straight forward so I wont subject you to a tonne of reading before giving you ...

How to become a Millionaire from Dash

So I've held the digital currency Dash, since it was called DarkCoin, and it's just gotten better and better. So I decided to do a little Math and give my 'research' a click baity title.

I've decided that Dash is actually better than Bitcoin in almost ALL aspects, expect for the mighty NETWORK EFFECT, however what if Dash had this network effect, what if one day Dash became as big as Bitcoin is right now, in terms of Market cap, namely $6bn at the time of writing (20th Jan 2016).

Lets see how we could become millionaires by investing in dash right now and allowing the value to just rise, as it inevitably will. (Dash shill much?)

So currently the market cap is 28.25 Million dollars, Whereas Bitcoin's marketcap is 6.213 Billion Dollars, So Bitcoin is roughly 220 times the size of Dash currently 219.920436102 to be precise.
This means that When Dash becomes the size of Bitcoin a mere 6billion, each Individual Dash Coin would be worth a staggering $1000 or $1009.43 to be exact, So if you had 1000 of them you would be a Millionaire!



Here's the interesting part, It costs 1000 Dash to Start your own masternode, which is an income producing asset, featured in my blog last year in this post, So not only would buying a masternode produce a steady income, it will also be the collateral for you to become a millionaire should Dash meet the underwhelming heights that Bitcoin has so far reached..... Money well invested if you ask me.


So how much will this investment cost me?

Well 1000 Dash at today's prices would cost you $4590, and produce a return of around 17.5% per year, not to be sneezed at :) plus in the back of your mind you will know that there's a decent chance you'll become a millionaire if Dash hits the Big Time.....Well more like Medium-Time, so what've you got to lose?

Happy St Duffield's Day!  

Follow on twitter for more great articles @crypto_si
and keep up with the development of the long awaited AdFete
Let me know your views in the comments section

How to become a Millionaire from Dash So I've held the digital currency Dash, since it was called DarkCoin, and it's just gott...


So this morning I woke up asking myself this simple question, If Bitcoin achieves mass adoption, how would we solve the problem of ever increasing debt?

This blog post is more the ramblings of a crazy man than a scientific theory, but bear with me as I elaborate.

I have been investing in p2p lending sites for almost 2 years now, and constantly been running into the same problem........ There is no rule of law. This means that people can borrow money and not pay it back with nothing to stop them except a loss of reputation, which is not always tied to a real human being anyway.
I often have told myself that this is fine and it's the way the world should work, in this way we can weed out the bad lenders and too much borrowing would naturally correct itself as lenders are more careful of who they lend to. But is this a good thing? And is this the only solution a market would find?
What has upset me about the situation with non-paying borrowers is the way lenders sometimes become very aggressive in their comments about them, you will frequently see the term 'scammer' being used for anyone who decides they are not willing to pay a loan back. Granted often these people never intended to pay back the loan, so the label is correct, but the blanket aggression is worrying. I've also seen individual lenders hoping that non paying borrowers get arrested and thrown in jail and things as extreme as that.



This has lead me to wonder, how much will the lenders, who after all are just regular humans like me or you (perhaps), exploit the borrowers and what types of laws or rules will be introduced regarding the non payment of P2P loans. Currently the world only functions because new money is created to pay down old debt, but with Bitcoin that's simply not possible, so what would be the alternatives?
furthermore, who would be incharge of these laws, given the international nature of the internet?

I'm sure someone will correct me, but wasn't this the problem that lead to interest being outlawed under the 'usery' laws in days gone by when Gold was used as money?

Most of the sites impose a fixed interest rate based on the users credit rating, but this is also wrong for so many reasons and instantly kills the short term loan market on any platform that introduces it.

So what is the answer? How can we lend to each other without asking the borrower to put up their liberty as collateral? QE is a dirty word in Bitcoin circles, but without it, is it possible for our money to work for us all?

Let me know your thoughts in the comments below,

also check out my new site when you get a chance, and keep your ears peeled for more information about AdFete, It's a reallly interesting new project I'm currently working on.

www.cryptosi.com

So this morning I woke up asking myself this simple question, If Bitcoin achieves mass adoption, how would we solve the problem of ever inc...

2016 in Bitcoin


I think Bitcoin's killer app is Equity Crowdfunding, I heard Vinay Gupta equate investing in a startup to buying a lottery ticket, so when investments can be a small as 10p then you have a nice place for people to gamble on companies legally. 

 My Predictions for 2016 :
1) Augur Becomes a BIG player despite Ethereum making little headway,
2) NXT becomes Bitcoin's main rival purely down to its asset exchange and products developed from it.
3 )Shapeshift.IO takes Bitcoin to a much bigger userbase by consolidating the value of Altcoins
4) The fiat world continues to print money
5) England get knocked out at the group stages of the Euros despite winnning all the qualifiers
6) Mainstream media tries to convince the west to go to a war with Russia. Nobody agrees
7) Banks are exposed of corruption in a huge scandal, nobody goes to jail
8) Counterparty continues to exist, People Continue to overlook it. Nobody cares
9) Someone decides to sell equity in a documentary via Blockchain tech.
10) Bitcoin price doubles slowly up to $500+ (takes a big jump when halving occurs)

 So there you have it, all these will become a reality, I'm going to try to produce videos next year, I've been planning it for some time now and never gotten around to it.

 Feel free to share your predictions in the comments section below.

2016 in Bitcoin I think Bitcoin's killer app is Equity Crowdfunding, I heard Vinay Gupta equate investing in a startup to buying a lo...


So you've heard about Bitcoin and you are wondering how you can make money from it?

The first thing you will read about is 'mining' and that is not nearly as productive as it used to be, also you need to take into account the price of mining equipment, then there is cloud mining which I've not yet invested in (and am very sceptical of). You could just hoard Bitcoin and wait for them to raise in value, but I think its a good idea to diversify.

So a good choice is to invest in assets which produce a dividend, these assets are 5 that I personally have invested in and would recommend for various reasons, but the main things to be considered when buying an asset are : The development team behind the asset, The ROI, The ease of use, Potential for capital gains. I have rated each asset on these factors.


So  without any further adieu and in no particular order here are the Crypto S.I Top 5 for Autumn 2015

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Dash Masternode    

At a cost of 1000 Dash which is the equivalent of 10.2369BTC ($2405), This is by far the most expensive asset on this list, however it also has the best development team behind it. Dash formerly known as Darkcoin is the 6th most popular of all the alternatives to Bitcoin and has remained popular thanks to leading features such as DarkSend and InstantX which provide anonymity and near instant transactions respectively. Also bear in mind that (allegedly) Bitshares and Ripple both have the means to manipulate their market value so that would make Dash 4th.

A Masternode is an integral part of the network and can be set up quite easily by following one of the various tutorials that can be found online (Here's the best one), once you have staked the needed 1000 Dash you can expect to earn DASH daily, The figures vary depending on many things but I calculate it to be around 15-25% per year. 

There are some people who are getting together on the Dash Forum here and sharing the cost of a masternode, so you could own a 10th of a masternode for 100Dash, this is a good idea, but you need to be aware of who you are investing with and do your due dilligence.

The development team behind the asset : 8/10
The ROI   6/10
The ease of use 3/10
Potential for capital gains 8/10
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BtcPop are a UK based P2P lending company, but that's not anything unique. The Thing about these guys is that they offer shares in their own platform, This is exciting, as short term loans is a massive industry in UK let alone worldwide.

On the BTCPop platform you can buy shares in both BTCPOP and Ardeva (A well known ID verification company), The dividend is paid directly into your btcpop wallet on the 1st of every month and you are free to withdraw it immediately or buy more shares. Since being introduced the shares have risen in value, and in a blossoming industry I can only see this trend continuing. 
Dividends are a direct portion of the revenues that these companies make.

The development team behind the asset : 8/10 (ArdevA 9/10)
The ROI   4/10 (ArdevA 2/10)
The ease of use 8/10
Potential for capital gains 8/10 (ArdevA 9/10)

 *between starting this article and publishing it I realised Btc pop shares had almost doubled in value during the month of September, and Ardeva shares had quadroupled, Looking at the lack of shares for sale I can see the prices only rising especially when Ardeva start paying a worthy dividend (although exactly how they will monetise is a bit of a mystery to me, the same was said about Google in 2001)
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These next two assets come from the NXT ecosystem, which as far as I'm concerned is the first and still the best Bitcoin 2.0 project. NXT is the only real competitor to the much anticipated Ethereum, although they are quite different, NXT benefits from having a fully functional decentralised platform, There are loads of features of NXT that you may find interesting such as proof of stake, NXT-Freemarket (which is a working competitor to OpenBazaar) and the amazing 'Supernet'.

The best thing about NXT is that it is decentralised, but you do not need to download an entire blockchain to use it. The 2 assets that I've chosen on the Nxt platform are both available on the asset exchange and they are:
MMNXT 979292558519844732 assetid - A market making assets which makes a steady daily profit, dividend is paid weekly every friday. It's around 0.5%-1% depending on how much money the fund has generated.
Coinomat 7474435909229872610 assetid - A rival to the heavily funded Shapeshift.io, Coinnomat is a simple hassle free way to trade crypto currencies without having to sign up and trades are completed within minutes. The interface (website) is arguably not as slick as Shapeshift, and the platform definitely has less funding, but we can all buy into this platform for as little as we like, whereas Shapeshift is having funding rounds via Bnktothefuture with a much higher minimum buy-in. A small fee is charged per transaction and a percenttage of this is is given as a dividend to shareholders, this is not always paid on time and obviously would change depending on the success of the service.

The development team behind the asset : MMNXT 7/10 (Coinomat 6/10)
The ROI   MMNXT 7/10 Coinomat(6/10)
The ease of use 8/10    -- tutorial can be found here 
Potential for capital gains 8/10 (Coinomat 9/10)
* I have given Coinomat a 9/10 mostly based on my view that trading between cryptocurrencies in this frictionless way will see a huge explosion in traffic sooner or later, no matter which altcoin comes to prominence, even if one of these recently touted nonsensical bank sponsored blockchain projects achieves critical velocity 

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 So that's my top 5 for autumn 2015, this is by no means an exhaustive list of whats available, and I invite you to comment on any that I've missed out, I also want to give a special mention to SuperNet and CounterParty as they are introducing plenty of new assets, It's also worth noting that Some very exciting projects Pangea, Augur and Ethereum are nearing completion and may well feature next season, if you want to be ahead of the game then check out the links.

I also have not included BTCPop trusted investment pool, which is guaranteed and pays out every few days.

This is my own personal view, I do hold shares in each of the assets, and you should take financial advice before risking your funds as their value can go up or down. I think that qualifies as a responsible disclaimer.

Follow us on twitter @crypto_si

Thanks for reading and good luck!

So you've heard about Bitcoin and you are wondering how you can make money from it? The first thing you will read about is 'minin...

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