What is Energi?Energi is a self-funding cryptocurrency that has a purpose to reach the masses. The value proposition of Energi is that they will provide a very strong, self-funding treasury system which will eventually develop into a smart contract platform.Energi will provide a small allocation to mining rewards and will take a bulk of the coin issuance and give it the treasury and masternodes. Energi will also allocate 10% on-going reward to leadership of the Energi Backbone, which is significantly less compared to today’s ICOs’ rewarding their founders between 20–50% of the tokens distributed. Another trait that sets Energi apart from ICOs is they give an on-going 10% allocation through each block reward, rather than rewarding the founders up-front.source: https://medium.com/energi/energi-67b7bf2fe971The Future of Funding? Why Energi ‘Bootstrapped’ rather than ‘ICO-ed’$100 BTC Giveaway Details BelowOne of the most common questions the Energi team gets asked centers around one thing: funding. Whether it’s ICOs (Initial Coin Offering), IEOs (Initial Exchange Offering) or seed money, funding is the foundation of any project. So why did we decide to go at it alone, rather than launch an ICO like so many others? And what does this mean for the future of Energi? We’ll answer all of these questions and more in this blog.It all starts with our founder. Back in 2017, Tommy World Power saw some serious problems emerging in the crypto space. While he couldn’t predict the future, he could see many projects were being funded without an end goal in mind. Sure, ICOs could raise funds for now, but what about in a few years time?Since 2017, so many projects have died and so many founders have gotten rich — yet few of the actual products that were promised have reached the market. It’s fair to say that it’s the community, not the founders, that have paid the price. Tommy came from the crypto community and decided that rather than advising on projects, many of which were too stuck in their ways to change, he’d create one. And so Energi was born.That’s also why, from day one, Tommy built Energi to be different. As many of you know, he decided to fund the project through bootstrapping instead of crowdfunding (by ‘bootstrapping’, we mean that he started the project using his own money, not outside investments). Compared to an ICO, IEO or traditional funding round, there’s a significant amount of regulatory risk with doing an ICO/IEO that many projects ignored — choosing instead to play the game of jurisdictional arbitrage. This may come back to haunt many of them in the coming years. By being self-funded, Tommy operated within the existing regulatory structures. We can do what’s right for the project and our community long-term without being influenced by outside shareholders.So how does it work in practice? Well, instead of a founder percentage as in a typical ICO, Tommy is on a ‘vesting’ schedule. This is an idea popular with members of the Bitcoin community, such as Andreas Antonopoulos, and we adapted it for Energi as our ‘Backbone’. Basically, ‘vesting’ means that our founder doesn’t get a lump sum upfront, he has to work towards it over a number of years — just like an earn-out clause in a typical merger or acquisition. This gives the project stability. Whereas many founders obsess over market price and short-term concerns, ours takes a more long-term view. The focus, then, is on mass adoption and the ultimate success of the project. Isn’t that how a project should be funded?It’s also more transparent because instead of all the funds ending up in an ICO wallet, funding is built into the cryptocurrency. Anyone can check the Energi website to see how the treasury is spent each month and what the team is working on. And, instead of one unaccountable ICO pot that can be mismanaged, funds are released in smaller increments in an auditable manner month after month.The value of this stability and transparency is huge. Especially today, when so many projects are going under or scaling back on their vision, which often happens without informing the people who funded them in the first place. Of course, there will still be periods of instability, but our model means we’re able to ride out the market and deliver on our founding vision — while bringing the community with us.And the benefits of bootstrapping don’t stop at stability and transparency. A side effect of this long-term focus is that it frees us up to look at what’s really important. We aren’t the first to notice that blockchain enables a better future with the possibility of having direct sovereignty over your money and bringing financial services to around a third of the world’s unbanked population. However, we have to be conscious that our world is facing huge environmental challenges, and resource-intensive solutions that underpin major cryptocurrencies like Bitcoin are unsustainable for mass adoption. Thus Energi has chosen to implement a far greener solution via proof-of-stake rather than the arms race that is proof-of-work.Keeping with our vision of making the world a better place, a portion of the proceeds from the Backbone also funds the development of Energi Impact, our charity arm. Energi Impact’s focus is ambitious, we know. Confronting climate change, cleaning the ocean and helping disadvantaged children are just some of the challenges we’re working on. Currently, the project is building an initial base in Bali, Indonesia and the movement has already grown to six inspirational individuals. Energi Impact is a project that’s not just changing the way charities are funded, but it’s changing the world in the process.Another major cornerstone of Energi’s self-funding treasury is our Defense department. This is essentially a group of cybersecurity experts who not only help community members if they’ve fallen victim to scams or hacks, but proactively put out valuable educational content to better equip everyone to fend off these attacks in the first place. This is unique in the Cryptocurrency space and another philanthropic effort on our part to better the entire ecosystem.ConclusionIn the years since crypto exploded, we’ve seen many projects continue to take the ICO route to secure their funding. Many of these projects have faced scrutiny from the SEC for the unlicensed sale of securities and numerous other legal missteps leading to their demise.Perhaps, though, there’s a better approach after all. Let us know what you think in the comments below.We hope you agree that while there are many ways to fund a project like ours, a model like Energi’s may well be the future of funding. We are in uncharted waters here folks, but we believe we are revolutionizing not only the cryptocurrency space but finance as a whole.Source: https://medium.com/energi/the-future-of-funding-why-energi-bootstrapped-rather-than-ico-ed-6ae8d7e64d22An official word from the Uptrennd teamEnergi is one of the very few cryptocurrency projects in the world that have been able to combine both an altruistic vision with savvy execution. In an incredibly short amount of time, they have become a successful operation, landing in the top 100 global cryptocurrencies globally, with more momentum building every month.What is most impressive is that throughout all of this, they have maintained the utmost integrity and stuck to their moral and philanthropic roots.This is incredibly rare in the crypto space, and we commend the team and community at Energi for committing to creating a better tomorrow.Uptrennd's founder, Jeff has seen people with Energi T-shirts doing beach and river garbage cleanups and other philanthropic endeavours countless times in Bali.Energi is both a globally-shifting technology, and is helping to guide a globally-shifting state of consciousness towards the betterment of the earth.Uptrennd fully supports the mission of team Energi, and applauds them for being a monumental positive force towards a collective paradigm-shift towards a better tomorrow.$100 BTC Giveaway - Sponsored by EnergiLeave a comment, praise, or a question for the Energi team below, and we will be giving two commenters $50 in BTC each.Additionally, if you are from the Energi community:Comment your favourite aspect of Energi alongside your telegram username below, and we will send you 500 1UP!
Everything stated below is purely factual information and does not solicit investment advice, nor speculation. The 1UP token is not a speculative asset. 1UP is a strict utility token to be with the Uptrennd platform as a tool for boosting posts, purchasing ads, leveling up accounts and more. Let’s dive in:1UP token = $0.0012Therefore, On Uptrennd $0.0012 buys you 10 views $0.012 buys you 100 views$0.12 buys you 1,000 viewsUptrennd $0.12 CPM (cost per thousand impressions)Okay, so what is the global average CPM?Comparative CPM’sGoogle: $2.85 Twitter: $5.76Instagram: $6.70Facebook: $9.10https://smallbusiness.chron.com/typical-cpm-74763.htmlFactually, comparative CPM’s range from 23.75X to 75.8X higher than the 1UP token price. These figures above, multiplied by the 1UP token rate, brings the 1UP token true value to between $0.027 and $0.09.
BTC seen from the temporality of 1W we can observe how the structure of candles has formed a bullish pattern known as bullish flag, a continuation pattern, therefore, we should have a next upward movement that could reach the upper supply zone located within the price range of 16239 - 19902, signaled within the above chart by the two red horizontal color, in the game of 5 impulse waves, this pattern would be completing us the 2 wave and would come the 3 impulse wave which is usually the longest and fastest impulse wave, we need the price to test us the high zone to later be able to find the break and go for the 30,000 or 60,000, could even reach higher, after the break of the ATH the price can move freely up and only following the action the price action we can determine the next distribution zone.
BTC seen from the temporality of 1D we can observe more closely the current movement of candles where we see how the price so far carries an excellent momentum movement after reaching the demand zone of Fibonacci level 61, a level widely used to locate important levels of the trend, Currently the price could go back briefly to the range of 7280 - 7400 to take impulse again and go for the zone of offer in 1D that is located within the price range of 8478 - 8812, indicated within the graph by the two horizontal black color, we still can not confirm if the current impulse is 5 waves, however, if confirmed, we could see a reclaim above that level.
The graph above is added to show the current trend line that is holding the current price, we see how this diagonal has been tested previously as support and resistance, this level is strong and gives us a signal that we could have finished the correction within the bull flag.
In conclusion, BTC has maintained an excellent bullish movement since April 2019 where it had a great impulse until 13800 where the price has found fatigue and this correction has been long, but the structure of candles maintains a pattern of continuation bullish, this correction within the figure already begins to show reversal signal, so very soon we could see a continuous bullish movement towards the weekly offer located within the price range of 16239 - 19902, this would only be the beginning towards the way to form a new HH in the current trend, for this scenario to be completed, it is necessary that the price remains above 7,000 - 7,120, if the price returns to 6000, we could see a longer retreat towards the price range of 4600 - 5500, therefore, I recommend to follow very closely the action of the price in 1D and always remember to place your stop loss to avoid possible invalidations during the move.
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I originally published this on Medium a while back and just updated it to reflect latest developmentsUptrenndNot decentralized per se (there are plans to migrate to a blockchain in the future), but censorship resistant with sensible rules in place to prevent spamming and abuse of the rewards system. Crypto content only for now. Will eventually expand to any and all topics. Hybrid social media/blog platform. You earn the native 1UP token for every upvote you get whether it be a post you make or a comment. Site used to often be sluggish due to very rapid growth but has recently undergone server upgrades and is much more brisk now.The token/earning system is fairly simple to understand and far easier to use than many other sites, which has the potential to give it mass appeal in my opinion. On boarding is also quick and easy. Decent earning potential here if, as many expect, the token value will rise. One positive aspect is that one doesn’t need to build up a huge following in order to earn decent rewards, making it live up to its claims of being an ‘altruistic’ platform to some degree — although you will still find some known crypto influencers at the top of the trending feed a lot (but you will also find plenty of others, which is nice). Uptrennd has some interesting ideas for future development involving ownership of community boards, content collaboration etc, but there's not room to go into all of them here.Withdraws are enabled and tokens can be traded on three different exchanges. UI is decent and sensible, although the aesthetic is a bit 2008-ish. But I mean so is Reddit (although new Reddit looks nicer), and they’re still doing okay. Finding you've been unknowingly signed out at inopportune times is an ongoing issue, I'm finding (such as after you've just hit 'post' for a comment and instead of posting, it takes you to a login page, ouch!).Uptrennd had no ICO and was essentially bootstrapped by its founder. While it doesn't have a polished verneer, it does have a strong, supportive grassroots community. Sometimes I think grassroots efforts may have a better shot at succeeding in the longterm than more polished well-funded start-ups that lack a strong community. Or ones where the developers seem to be out of touch with what's even going on in the community, as some have suggested happened with the recently shuttered Narrative platform. We shall see! Android/IOS Apps coming soonFloteDesigned with content creators in mind as an alternative to Patreon. Crypto agnostic, decentralized/censorship resistant (not built on blockchain so the protocol is unclear, I've asked team but yet to get a response), social media plus marketplace incorporating multimedia posting (including audio, a nice feature missing from most social apps), livestreaming, paywalled content, storefronts, boards (akin to FB groups or Subreddits) and encrypted messaging. UI is almost a kind of hybrid between Facebook and Twitter with the above features (plus more not listed) added in. Seems like they're finding a really good balance of user experience between desktop and mobile. Clean and crisp looking. Comes with a very simple built-in Bitcoin wallet which you can use to access paywalled content and make donations (and of course receive payments/donations if you're a creator), with more crypto currencies to be supported soon.Even though it’s pretty intuitive and simple to use, it lacks some introductory information, such as an easy to find mission statement and FAQ, but it is still in Beta after all. It also so far lacks some of the features most of us have gotten used to, such as post and comment editing, but the developers have assured users they are forthcoming.This is among the youngest of the platforms listed here, and so doesn’t have a lot of traction yet. But overall it looks good and apparently at one point had a fair bit of venture capital behind it (They acquired Patreon contender Bitbacker.io a few months ago), but now has a very small team. Not sure what happened there. Would be one of my favorites to use if there were more activity, because I like the UI so much, but hopefully that will change soon. Android — Yes, BetaIOS — Yes, BetaPublish0xNot decentralized, but generally fair, Medium-like blogging site featuring an agnostic crypto tipping system (currently in the form of BAT, Hydro, DAI and BNTY) for both writing and reading. Readers share the tip reward pool with writers by using a slider to determine what percentage of their allotted tip to give to the writer, and what percentage to themselves. You do not need to bring any funds to the platform as all tips are drawn from a pre-established pool provided by sponsors. Withdraws have a low minimum threshold, are easy, and allowed once a week.Non crypto content welcomed, but site is still mostly crypto focused and so far there's no evidence of that changing any time soon. One thing I appreciate about Publish0x is you don’t need to be a big influencer type, or have a huge following to get read. No wishing for an upvote from a "whale." Just writing good content is enough to often get tips and good placement without needing to be a well known writer or personality. Though right now, only crypto content gets high visibility so there is that obvious limitation if crypto isn’t your thing. Recently though I have seen at least one non crypto post on the front page.I’ve been using it almost daily since February. One of my favorites due to simplicity and ease of use, a very good text editor that makes for nice looking blogs (with YouTube uploads, Coingecko and Twitter widgets etc), and the ease with which you can find quality content.No app, but works well on mobile.CentCent is a hybrid blog/social media site. Decentralized and censorship resistant, built on Ethereum. A lot of crypto and blockchain related content, but non crypto content as well. It has an interesting method of encouraging quality discussion. Basically, anyone can “seed” a post with a small amount of ETH, effectively creating a sort of bounty. This encourages people to read and interact with the post in a quality way. Any user can then anonymously “sort” the comments according to those they think have the highest quality input. This has the effect of rewarding the highest rated comments a share of the seeded ETH. I’ve found this actually does a pretty good job of getting better than average discussion than you typically see on social media. But it’s really only curating the comments, not the content itself. That is curated through the seeding function, which acts as a sort of trending feature if you choose to filter posts to see the most heavily seeded.Very simple, unique UI, but with a post layout I nevertheless find overwhelming, at least on desktop. Much like Tumblr’s trending page, you see fifteen or more posts all at once in a staggered layout, often with flashing GIF’s. This can overwhelm you, making it hard to sort out and hone in on any one post that piques your interest. You can filter your feed by choosing “subscribed,” or an option which shows you only the most heavily seeded posts but this does nothing to change the somewhat odd screen layout. It comes off as being a bit “hodge-podgey,” which is a shame cause it otherwise has a really interesting and appealing aesthetic (I always leave it in night mode as to me it looks infinitely cooler that way).Cent has announced a ‘coming very soon’ (late December-ish) complete revamp of both the rewards system and the UI, so this summary may be outdated by the time some of you read it!Android — YesIOS — UncertainMindsI have limited experience with Minds as over many months I simply haven't found the kind of content that engages me. Decentralized, censorship resistant, Ethereum based social media with its own token ecosystem which I find quite confusing. You basically need to read and watch multiple tutorials in order to understand how the token ecosystem works, which makes me skeptical it will ever gain much traction. There’s already a learning curve to using new social media as it is without having to watch and read tutorials to understand how the token ecosystem works. I have two and half years of experience using various wallets and crypto ecosystems, and this system is by no means simple or particularly easy to understand. A big turn off right off the bat.Also Minds, like BitChute, seems to have become a refuge for a lot of alt-right people, many of whom have been undoubtedly censored from other social sites. That's fine as I'm all for supporting free speech. Nevertheless, unless they can attract a more balanced user base, many new users who aren't similarly politically minded will get turned off and will simply go elsewhere if there isn't a diverse enough population for them to interact with. Minds runs the risk of becoming known as an alt-right haven before ever even getting off the ground. But Minds also has major revamping coming, and so hopefully will be able to attract a wider base of users.Android — YesIOS — YesWhat about you? Have you tried any of these apps/platforms or any others not on the list? Let us know your experiences in the comments.Sign up and follow me!Minds — @jmbsolUptrenndFlote — @jmbsolPublish0xCent — @jmbsolMedium