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The ICORating Agency gives the Basic Review of the Mycro Project.

By a distributed ledger solution Mycro project will build an p2p platform and mobile application for people who need support with simple jobs and those who need some extra money The following information about the project is available in public sources PROJECT BRIEF Name Mycro Ticker MYO Project type Community Platform IEO BRIEF Private sale start date Not defined Private sale end date Not defined IEO stage 1 start date 2019 06 11 21 00 GMT 8 IEO stage 1 end date 2019 06 12 9 00 GMT 8 Stage 1 cap 800 000 MYO IEO stage 2 start date 2019 06 12 21 00 GMT 8 IEO stage 2 end date 2019 06 14 21 00 GMT 8 Stage 2 cap 2 000 000 MYO Token type ERC20 Token usability Utility Total token supply 100 000 000 Token supply for sale 22 000 000 Part of tokens for sale 11 Soft cap 1 500 000 USD Hard cap 5 100 000 USD Token price Private sale 0 1675 USD Stage 1 price 0 25 USD Stage 2 price 0 30 USD Bonuses 10 bonus bonus will be distributed 7 days after Turbo Lock ups Private sale tokens 14 days after MYO trading starts 2019 06 30 Currency accepted ETH BTC LTC EUR CHF Min contribution 400 MYO Max contribution 16 000 MYO KYC Yes Additional emission No Registration country Germany Restricted list Not defined TEAM ADVISORS Team members 17 Key member executives Andre Bruckmann Christian Hampe Thomas Bolleyer Michael Siedenbiedel Advisors 14
ICORating

The ICORating Agency gives the Basic Review of the DIPChain Project.

By a distributed ledger solution DIP Project will build an integrated blockchain art culture community which can achieve the traceability of artworks training young artists helping artists to achieve the transformation of their intelligence providing a real dynamic evaluation platform increasing the scale of the art market The following information about the project is available in public sources PROJECT BRIEF Name DIPChain Ticker DIPC Project type Art Service Community Platform ICO BRIEF Private sale start date May 18 2019 Private sale end date June 18 2019 will be closed earlier if the allocation of 70 million DIPC is filled Pre sale start date June 19 2019 Pre sale end date July 19 2019 will be closed earlier if the allocation of 200 million DIPC is filled Public sale start date July 20 2019 Public sale end date September 20 2019 will be closed earlier if the allocation of 350 million DIPC is filled Token type ERC20 Token usability Utility Total token supply 1 000 000 000 Token supply for sale 350 000 000 Part of tokens for sale 35 Soft cap 6000 ETH Private sale cap Hard cap 34000 ETH Token price Private sale 1 ETH 12000 DIPC Others 1 ETH 10 000 DIPC Bonuses Yes Lock ups 80 of sale in the lockout period divided into 6 month average releases Project team 2 years The DIP test chain released 5 after release and the remaining quarters released 1 25 Currency accepted ETH Min contribution Private sale 50 ETH Early allocation 5 ETH Public sale 1 ETH Max contribution Private sale 1000 ETH Early allocation 50 ETH Public sale 20 ETH KYC Users must be registered on www dipchain io and KYC verified Additional emission No Registration country Singapore Restricted list USA and China TEAM ADVISORS Team members 4 Key member executives Wang Pengfei Hu Yueyin Liang Hai Johnny Bin Advisors 7
ICORating

The ICORating Agency gives the Basic Review of the Opennity Project.

Via a distributed ledger solution Opennity project will build a community referral platform The following information about the project is available in public sources PROJECT BRIEF Name Opennity Ticker OPNN Project type Community Platform ICO BRIEF Public sale start date 1st Round 8 00 8 20 PM GMT 8 June 5 2019 2nd Round 8 30 8 50 PM GMT 8 June 5 2019 3rd Round 9 00 9 20 PM GMT 8 June 5 2019 Public sale end date Not defined Token type ERC20 Token usability Utility Total token supply 1 000 000 000 Token supply for sale 20 000 000 Part of tokens for sale 2 Soft cap Not defined Hard cap Not defined Token price 1st Round 1 OPNN 0 21 USDT 4 000 000 OPNN 2nd Round 1 OPNN 0 24 USDT 6 000 000 OPNN 3rd Round 1 OPNN 0 27USDT 10 000 000 OPNN Bonuses Not defined Lock ups Lockups not defined Currency accepted ETH KRW Min contribution Not defined Max contribution 200 USDT KYC Yes Additional emission No Registration country Cayman Islands Restricted list Not defined TEAM ADVISORS Team members 6 Key member executives Ricky Ng Penny Law Adrian Lai Edmund Lee Advisors 8
ICORating

The ICORating Agency gives the Basic Review of the Opennity Project.

Via a distributed ledger solution Opennity project will build a community referral platform The following information about the project is available in public sources PROJECT BRIEF Name Opennity Ticker OPNN Project type Community Platform ICO BRIEF Public sale start date 1st Round 8 00 8 20 PM GMT 8 June 5 2019 2nd Round 8 30 8 50 PM GMT 8 June 5 2019 3rd Round 9 00 9 20 PM GMT 8 June 5 2019 Public sale end date Not defined Token type ERC20 Token usability Utility Total token supply 1 000 000 000 Token supply for sale 20 000 000 Part of tokens for sale 2 Soft cap Not defined Hard cap Not defined Token price 1st Round 1 OPNN 0 21 USDT 4 000 000 OPNN 2nd Round 1 OPNN 0 24 USDT 6 000 000 OPNN 3rd Round 1 OPNN 0 27USDT 10 000 000 OPNN Bonuses Not defined Lock ups Lockups not defined Currency accepted ETH KRW Min contribution Not defined Max contribution 200 USDT KYC Yes Additional emission No Registration country Cayman Islands Restricted list Not defined TEAM ADVISORS Team members 6 Key member executives Ricky Ng Penny Law Adrian Lai Edmund Lee Advisors 8
ICORating

The ICORating Agency gives the Basic Review of the Mycro Project.

Via a distributed ledger solution Mycro project will build a p2p platform and a mobile application for people who need support with simple jobs and those who need some extra money The following information about the project is available in public sources PROJECT BRIEF Name Mycro Ticker MYO Project type Community Platform ICO BRIEF Private sale start date Not defined Private sale end date Not defined Pre sale start date Not defined Pre sale end date Will last for 14 days Public sale stage 1 start date Not defined Public sale stage 1 end date Will last for 14 days Public sale stage 2 start date Not defined Public sale stage 2 end date Will last for 30 days Public sale stage 3 start date Not defined Public sale stage 3 end date Will last for 14 days Token type ERC20 Token usability Utility Total token supply 100 000 000 Token supply for sale 66 000 000 Part of tokens for sale 56 Soft cap 1 500 000 EUR Hard cap 14 000 000 EUR Token price Base price 1 MYO 0 25 EUR Presale price 0 192 EUR Stage 1 price 0 208 EUR Stage 2 price 0 227 EUR Stage 3 price 0 25 EUR Bonuses Presale 30 Stage 1 20 Stage 2 10 Stage 3 0 Lock ups Lockups not defined Currency accepted ETH BTC LTC EUR CHF Min contribution Presale 2 000 MYO Stage 1 5000 MYO Stage 2 500 MYO Stage 3 500 MYO Max contribution Not defined KYC Yes Additional emission No Registration country Germany Restricted list Not defined TEAM ADVISORS Team members 17 Key member executives Andre Bruckmann Christian Hampe Thomas Bolleyer Michael Siedenbiedel Advisors 14
ICORating

The ICORating Agency gives the Basic Review of the Mycro Project.

Via a distributed ledger solution Mycro project will build a p2p platform and a mobile application for people who need support with simple jobs and those who need some extra money The following information about the project is available in public sources PROJECT BRIEF Name Mycro Ticker MYO Project type Community Platform ICO BRIEF Private sale start date Not defined Private sale end date Not defined Pre sale start date Not defined Pre sale end date Will last for 14 days Public sale stage 1 start date Not defined Public sale stage 1 end date Will last for 14 days Public sale stage 2 start date Not defined Public sale stage 2 end date Will last for 30 days Public sale stage 3 start date Not defined Public sale stage 3 end date Will last for 14 days Token type ERC20 Token usability Utility Total token supply 100 000 000 Token supply for sale 66 000 000 Part of tokens for sale 56 Soft cap 1 500 000 EUR Hard cap 14 000 000 EUR Token price Base price 1 MYO 0 25 EUR Presale price 0 192 EUR Stage 1 price 0 208 EUR Stage 2 price 0 227 EUR Stage 3 price 0 25 EUR Bonuses Presale 30 Stage 1 20 Stage 2 10 Stage 3 0 Lock ups Lockups not defined Currency accepted ETH BTC LTC EUR CHF Min contribution Presale 2 000 MYO Stage 1 5000 MYO Stage 2 500 MYO Stage 3 500 MYO Max contribution Not defined KYC Yes Additional emission No Registration country Germany Restricted list Not defined TEAM ADVISORS Team members 17 Key member executives Andre Bruckmann Christian Hampe Thomas Bolleyer Michael Siedenbiedel Advisors 14
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XRP Spikes 10% on Ripple MoneyGram Partnership News

Big partnership announcements have been thin on the ground for many of the major crypto companies recently. That changed for Ripple a few hours ago when the firm announced a strategic partnership with one of the world’s largest money transfer companies, MoneyGram. XRP Climbs 15% in a Week Compared to bitcoin and litecoin, XRP has been asleep for the past two months. Even Ethereum has outperformed it in terms of percentage gains. That all changed a few hours ago when XRP awoke from its range bound channel at $0.42 and surged almost 10% to hit an intraday high just over $0.46. A minor pullback followed in the hours after the announcement but XRP is still one of the day’s top performers. XRP price 1 hour candles – Tradingview.com XRP 00 has climbed almost 15% over the past week as it was trading just under $0.40 this time last Tuesday. Daily volume has just topped $2 billion as XRP market capitalization approaches $20 billion. The gap to ETH in second place is still $10 billion in terms of market cap, however. It has been one of the best weeks for XRP in terms of gains as the Ripple token has only made 27% since the beginning of the year. Big Partnership Driving FOMO The San Francisco based firm announced the partnership on its company blog late last night. It stated that the initial partnership will last two years during which Ripple will become the key partner for MoneyGram’s cross border payments and foreign exchange settlements. A substantial capital commitment of $50 million has also been pledged by the blockchain company enabling MoneyGram to draw it over a two year period in exchange for equity. Ripple’s xRapid system will be deployed for the partnership. It facilitates on-demand liquidity enabling instant transactions by reducing reliance on pre-funding. The XRP token will be used as the ‘real-time bridge’ between different currencies. Ripple CEO, Brad Garlinghouse, stated; This strategic partnership will enable MoneyGram to greatly improve its operations and enable millions of people around the world to benefit from its improved efficiency. This is a huge milestone in helping to transform cross-border payments and I look forward to a long-term, very strategic partnership between our companies. MoneyGram has a $600 billion global remittance market supporting multiple currencies in more than 200 countries. Traditional forex markets requiring advance purchases are currently used for international transfers. The partnership and leverage of Ripple’s native token are expected to reduce costs and increase transfer speeds for the firm. Alex Holmes, MoneyGram Chairman and CEO, added; Through Ripple’s xRapid product, we will have the ability to instantly settle funds from US dollars to destination currencies on a 24/7 basis, which has the potential to revolutionize our operations and dramatically streamline our global liquidity management. Will XRP hit $0.50 this week? Add your comments below. Images via Shutterstock, Tradingview.com The post XRP Spikes 10% on Ripple MoneyGram Partnership News appeared first on Bitcoinist.com.
Bitcoinist

XRP Gains 5% as Ripple Forms Strategic Partnership with MoneyGram; Last Resorts for Both Firms?

Ripple bought a share issue from MoneyGram worth $30 million at $4.10 per share to acquire 8-10% of the company. MoneyGram would also have an option of infusing another $20 million over the next two years. A strategic partnership will now ensue where Ripple will become the critical service provider for cross-border payment and foreign exchange settlement using digital assets. The digital asset they will be leveraging is Ripple, using Ripple’s xRapid Product. This partnership is a massive step towards the vision with which Ripple began, and investors put money is XRP. Also Read: Ripple Fathers’ Day Gift Propels It Past $0.4400 as Bulls Return Until now, MoneyGram has had to use banking services to provide settlements for payments they initiate. Due to the difference in time of settling payments, MoneyGram has to take loans to increase the required liquidity. However, by deploying xRapid, they will now be able to leverage XRP’s liquidity to provide cheaper and faster settlements. MoneyGram Chairman and CEO, Alex Holmes noted, “Through Ripple’s xRapid product, we will have the ability to instantly settle funds from US dollars to destination currencies on a 24/7 basis, which has the potential to revolutionize our operations and dramatically streamline our global liquidity management.” MoneyGram reported a net loss of $24 million in 2018 compared to a net loss of $29.8 million for the fourth quarter of 2017. The money transmitting service provider has been working towards developing, and 2019 will be part of the roadmap. Hence, the success of this strategic partnership is crucial for MoneyGram. Also Read: Bitcoin Vs Facebook Coin: Should Bitcoin Hodlers Care About Facebook Coin? Currently, MoneyGram works independently by leveraging money from banks. Ripple CEO Brad Garlinghouse told the media,  “This will eliminate the need to deploy foreign bank accounts. That’s why MoneyGram has negative working capital. It will help customers and also smooth out their treasury operations,” XRP/USD 4-Hour Chart on Bitstamp (TradingView) Moreover, while XRP recorded gains around 5%, it rose from $0.43 to a reach high at $0.46. Notably, a partnership like this back in 2016 or 2017 would have likely propelled the price by 30%. This can be attributed to an apparent decrease in the use case for MoneyGram itself. Digital payment is quickly becoming more accessible than ever with major firms working on implementing or integrating digital currencies on their respective platforms. Facebook is the most prominent example of it. Do you think MoneyGram and Ripple will be able to increase their volume and user base in the current environment? Please share your views with us.  The post XRP Gains 5% as Ripple Forms Strategic Partnership with MoneyGram; Last Resorts for Both Firms? appeared first on Coingape.
CoinGape

Ripple Partners MoneyGram to Enhance Cross-border Payments with XRP

Ripple has secured another major partnership with international money transfer company MoneyGram. This will allow the company to use Ripple’s native token XRP to provide liquidity for international payments to MoneyGram customers. This is in a bid to enhance the speed and efficiency of the payment system that MoneyGram operates. In an interview with Fortune on the partnership, Ripple CEO Brad Garlinghouse said: “This will eliminate the need to deploy foreign bank accounts. That’s why MoneyGram has negative working capital. It will help customers and also smooth out their treasury operations.” The partnership also gives Ripple an 8% to 10% stake in MoneyGram by paying $4.10 per share. This, however, does not give Ripple a voice in the dealings of MoneyGram for now as part of the agreement. MoneyGram, on the other hand, will have the opportunity of reviving its financial standing from Ripple’s investment which it direly needs after its share price crashed significantly.  It will also increase the efficiency of the payment platform, the management said. “We are very pleased with the terms of the Ripple investment which supports the Company with permanent capital and additional liquidity,” Larry Angelilli, chief financial officer of MoneyGram, said in a statement. “This partnership also provides MoneyGram with the opportunity to improve operating efficiencies and increase earnings and free cash flow,” Larry Angelilli, the chief financial officer of MoneyGram said. Ripple is the leader in remittance services as far as the blockchain industry is concerned. Its xRapid is second to none in terms of transaction efficiency and speed. With the new partnership, XRP which will be used for liquidity will be exposed to MoneyGram’s customers in over 200 countries globally. MoneyGram is the second largest provider of money transfer services in the world and while partnering with Ripple will ensure better service delivery to its customers, it is also a huge breakthrough for Ripple which has been looking to expand its reach further into the world. With hundreds of clients using Ripple’s payment platform, the company has grown significantly thus improving the international remittance settlement market by improving customer experience in conventional financial institutions. The post Ripple Partners MoneyGram to Enhance Cross-border Payments with XRP appeared first on ZyCrypto.
ZyCrypto

Ripple (XRP) enters key partnership with MoneyGram; invests $30 million

Ripple (XRP) enters key partnership with MoneyGram; invests $30 million - CryptoNinjas MoneyGram, a global money transfer company, announced today it has entered into a strategic agreement with Ripple (XRP), the provider of enterprise blockchain solutions for cross-border payments. The deal will enable MoneyGram to utilize Ripple’s xRapid product, leveraging ripples (XRP) in foreign exchange settlement as part of MoneyGram’s global payment process With an initial term […] Ripple (XRP) enters key partnership with MoneyGram; invests $30 million - CryptoNinjas
CryptoNinjas

Ripple Announces Game-Changing Partnership With MoneyGram

By CCN Markets: Ripple announced a partnership with money transfer giant MoneyGram today. Two Year Exclusive Agreement, Ripple and MoneyGram According to Ripple Labs, a two-year partnership has been struck with MoneyGram which makes Ripple its exclusive digital assets partner. The purview of Ripple’s use case here might be more limited than expected. It depends on how many of the transactions are sent and received using Ripple’s technology and how much they’re worth. Whatever the case, the partnership doesn’t, for example, mean that you’ll be able to buy and sell XRP at any MoneyGram location. Something along those lines would The post Ripple Announces Game-Changing Partnership With MoneyGram appeared first on CCN Markets
CCN
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