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!
First of all, this game is made with a help of 12 years old kid, so it is solvable :D Thank Tin for making riddles and drawings!So...This game is reverse escape room. For all of you who have ever played any version of escape room will find the same logic. It does not matter if you played live version or online game. This game is different in one small detail, it is made for you to help someone to escape from the room, and not to save your ass. It is due to the fact that Uptrennd is extremely friendly community and we always help each other, so we will not break that tradition now :)Rules:Keep all solved parts of tasks/riddles for yourself. Write them down on paper because to get the price you will have to give a list of all of them. Words that have to fill the blank lines in text are solutions by themselves and you will not need them later. Other solutions and answers that you will find, you will need later. Each of those solutions you will use only once. It can be used for the next task or later in the game. That is for you to find out :)Each puzzle is solvable, and for some information you can always use googling option.Keep all solved parts of the game for yourself because only the first 3 who get to final answer will get the price of 2000 points each!. And I guess you don't want someone to take that price in front of your nose.When you finish the game, you will have to submit your answers in this form: https://docs.google.com/forms/d/e/1FAIpQLSf_nEiluMwn0FWn1dlminUiuVcPTOulYIo7tQa0gxqXIU4VHg/viewform?usp=sf_link Winners will be announced when the game finishesIntro:So, you will help an innocent man to escape from the prison. He ended there because he did not claim his taxes for crypto trading actions he made.He thought it is not fair to pay for something that he earned despite the government restrictions and fake announcements.Now that you have all important info, you can start the game.Here is the link to the story: Uptrennd escape room.Good luck!
In crypto space, learning as ever been what we can't overlook or overemphasized. Today my connection on LinkedIn reached 5900 with great influencer individuals to crown the number. Emeka Ezike is the community manager for Huobi in Nigeria full of energy, skill, and well-grounded in crypto space. Huobi training was focused on a basic understanding of trading in the crypto world which was facilitated by the founder of the crypto master class (Tolatola Joseph Fadugbagbe), the training was focused on empowering women in crypto but almost guys are on the move lol.The year is running to an end and this is the moment to plan your way into the next year. Margin trading has been one of the features, I tried to understand in crypto trading, even though the training is basic understanding in crypto trading, Tola revealed one of the three ways you can do margin trading and made a profit. Experience is the best teacher as we use to say, there was on-training trading that was practicalized as the USDT was transferred from binance to Huobi main wallet and from the main wallet to the margin wallet to arrange for the margin trading which is base on timing.In the trading margin on Huobi, if you transfer a certain amount to margin wallet, you are entitled to borrow twice that amount and thereafter you can trade the crypto and get set to place your bet on any crypto you feel like will drop soon.To some people margin trading may not be clear to them, but I will also say, this journal is not to teach margin trading but it is to report on what I analyzed, factorized, and enjoyed at the training center.Discussion Moment!The training gave an open call for everyone to share there experience in the crypto world, blockchain, and trading. This is the moment I have been waiting for to learn from people and network. It was a surprise to know that, I have been sitting with CEOs and great crypto enthusiasts.From the discussion moment, if you are trying to help your family and a close friend to understand crypto space, feed them with information and let them do it by themselves except you are ready to pay back there lost if you are the one helping them to trade. Learn to earn, is not all about do it for me to earn. Create an avenue to sign a contract agreement with any organization that wants you to help them to trade, this will be a cover for you should in case the market is not too okay. Remember, the crypto world is volatile, as you can make 400% in 3hours on your capital, also it is possible to lose some huge percentage.A moment came where uptrennd platform was shared, and networking begins and interaction increased. Emeka (Huobi Community Manager) shared his experience and I was motivated. Fellow, your social life is you, and the more you increase your social life, the more you increase your profile and the more you get connected. Make use of every opportunity that comes your way especially if it related to the digital world because there lies the future.watch out for more things loading in a few days from now!!!Thank you.
My recent discovery of bitcoin has made it clearer than ever that the crypto-market thrives on price volatility, which is subject to manipulation. Bitcoin market worth about 300 billion USD is daily and constantly explored by a vast population of traders and hodlers globally. Crypto price manipulation has become more popular speculation within the crypto-ecosystem. Social media has played a very crucial role in determining the bitcoin price trend through news/announcements, believes/assumptions, low liquidity, market predictions, financial inequality, etc., which have controlled the buying and selling decisions of traders/hodlers.However, bitcoin price manipulation has been ruled my whales, with the crypto-ecosystem pro-active at watching out for these huge transactions held by a single person/firm and published through a twitter account; @whale_alert. The idea of bitcoin price spikes has been associated with whales with some speculation still held to the historical massive jump in bitcoin price from 1,000 USD to 19,000 USD within one year (2017).To scrap the misconception, bitcoin whales an individual or company (mostly exchanges) hodling a high-net-worth of bitcoin, who transfers huge amounts of bitcoin from one wallet to another. From this simple description, it is clear that these whales are capable of causing both increases and drops in market prices.About 24 hours ago, series of whales in serious huge individual(s)/exchange moving in nearly 10 billion USD worth BTC in 22 transactions (each transaction of 55,337 BTC; worth over 400 million USD), all done within 15 minutes from various different wallets.Interestingly, these whales rather than spiking the bitcoin price as speculated by most people in the crypto-ecosystem experienced only a further plunge in bitcoin price by -0.68%.However, to remove the idea of whale price spike idea; it is clearer that bitcoin whales are capable of manipulating bitcoin prices (causing either drop, increase or maintain its steady price trend). For example; A vast Hodler, buy up the dip and putting up 80,000 BTC at 15,000 USD sell, then he buys some of his own sell through another account. Buddy, this is a typical market manipulation to set for a massive peak in my opinion.** It is important to note what can happen if the US government or the various inactive early bitcoin adoptor/HODLER decides to sell out all they own at massive high prices.What do you think will happen?