Eroiy, a blockchain-based incognito payment method for the adult entertainment industry, is all set to start its pre-ICO campaign on January 30. This revolutionary business ecosystem will address a wide range of customer requirements in the industry, including data protection, anonymity, protection from financial fraud, low transaction costs and payment convenience.
January 23, 2018 – Blockchain technology startup Eroiy is pleased to announce the company will start its pre-ICO crowdsale campaign on January 30, 2018. It has also been disclosed that the company’s ICO campaign will start on March 1, following the end of the pre-ICO phase. All details related to Eroiy’s crowdfunding initiatives are now available at https://www.eroiy.io/.
Eroiy was created with the vision of solving a series of problems the adult entertainment industry has faced over the years. The most useful feature of this platform is that it allows anonymous transactions on top of eliminating financial middlemen and their associated fees. Discretion while paying for online adult content has been a long-standing demand for both customers and merchants of the adult entertainment industry. By meeting this demand, Eroiy is looking to bring about a radical change in the global adult entertainment market, which is currently worth almost $100 billion. Apart from anonymity, Eroiy also offers benefits such as data protection, financial fraud protection, low transaction costs, and the convenience of one-click payment.
Eroiy will also make lives easier for merchants and service providers through low transaction costs, a limitation on the potential charge-backs, protection from data piracy and financial fraud, and complete independence from credit card companies. Use of multiple payment methods makes it mandatory for them to develop an intricate infrastructure to ensure streamline transactions. Utilizing cryptocurrency as the solution, Eroiy fulfills their ever-increasing need for a decentralized payment alternative.
Based on the NEM blockchain protocol, Eroiy is safe, cost-efficient, fast, and allows users to execute smart contracts. The ecosystem comprises of the EroiyCoin, the Eroiy eWallet, the Eroiy-Xchange, and an Eroiy Crypto Debit Card. The company claims the Eroiy eWallet is a one-of-a-kind solution for convenient, anonymous and cost-efficient payments of online content and merchandise.
Eroiy is the brainchild of a team with a wealth of experience and numerous key contacts in the adult entertainment industry. The organization’s CEO, Markus Steffen, has worked as a Director and Partner, delivering effective business solutions for over fifteen years. The advisory body of Eroiy comprises of many seasoned professionals from different fields, such as e-commerce, online marketing, event monetization, risk management, finance, law, and cryptocurrencies.
“The adult entertainment industry is already known for innovation, and it is now time for it to adopt cryptocurrencies,” says Markus Steffen, the CEO of Eroiy. “Through the introduction of Eroiy, we have the possibility to enhance trust and discretion in the business. It is the only way for the market to develop, take its next steps, and increase its social acceptance. Whether for end users, merchants or token-buyers, Eroiy is there to help individuals unfold improvidently.”
The Eroiy Corporation has already managed to build a chain of adult entertainment companies that are ready to accept Eroiy as their payment system. Agreements for key collaborations with the industry’s leading marketing, media, and trade fair companies have also been initiated. While recently attending the XBiz and InterNext trade shows in Los Angeles and Las Vegas respectively, the company has received tremendous response from the major players in the industry. The overall concept of Eroiy was welcomed with great enthusiasm by the general participants. As a result, there are numerous upcoming collaborations with highly experienced business partners that are perfect for the project’s advancement and implementation.
EroiyCoins sold during the upcoming ICO will immediately be distributed to the provided address inside the EroiyCoin Client Area and be made visible and accessible at the Eroiy eWallet. Key details related to this crowdsale campaign are mentioned below:
- Pre-ICO: Starts on January 30 and Ends on February 28
- ICO: Starts on March 1 and ends on March 31
- Pre-ICO starting price: 1 Eroiy for $0.08
- ICO starting price: 1 Eroiy for $0.12
- Maximum Eroiy produced: 2 billion
- Maximum Eroiy for sale: 1.2 billion
- Fundraising goal: $48 million
- Minimum purchase: 100 Eroiy
- Purchase methods: Bitcoin, Ethereum, Litecoin, Dash, XEM, and fiat currencies such as US Dollar, Euro, and Swiss Franc.
- More details can be found in the project whitepaper
Eroiy is a blockchain-based cryptocurrency designed specifically as an incognito payment alternative in the adult entertainment industry. The beauty of it is that it allows for anonymous transactions and is independent of the financial middlemen and their associated fees. This revolutionary development promises to be a gamechanger for the approximately USD 100 billion adult entertainment market worldwide.
Crypto Arbitrage Today: XLM, LTC, Dash, TRX, EOS, XMR
As the overall cryptocurrency bear market continues to rage on in full effect, the moneymaking opportunities involving Bitcoin and altcoins are slowly drying up. There is still money to be made by playing the spreads, but arbitrage opportunities may slowly become a better option at this rate. The following six options are worth keeping in mind throughout today.
Dash (Bittrex / Kraken / HitBTC)
Another day of price gaps between exchanges and another day selling altcoins on HitBTC will yield the best results. In the case of Dash, there are options to buy the altcoin cheap on either Bittrex or Kraken and selling it on HitBTC for profits of 1% up to 2.39%. These gaps are more than respectable under the current circumstances, especially because all markets are hemorrhaging value right now. That also means the price differences between trading platforms will grow larger over time.
Stellar Lumens (KuCoin / Binance / Sistemkoin)
A fair few different price gaps have opened up where XLM is concerned. Buying on Kraken or Binance and selling on HitBTC can yield a profit of 1.5%. Buying on KuCoin, Kraken, or Binance and selling on Bitexen will yield profits of up to 2%. Buying on Binance and selling on Sistemkoin offers gains of up to 0.9%. All options are well worth looking into for those who want to score some small profits during this next leg of bearish pressure.
Monero (Bittrex / Kraken / HitBTC)
As has been the case more often than not, arbitrage opportunities for both Monero and Dash – and often ZCash – are all identical. They revolve around buying on the same exchanges, selling on the same trading platform, and yielding nearly identical profits. Flipping XMR between Bittrex / Kraken and HitBTC can yield a 2.5% profit when timed correctly. A more than respectable option, given the current circumstances.
Tron (Binance / KuCoin / HitBTC)
Buying any currency that is listed on HitBTC from any platform that isn’t HitBTC will often yield some profits these days, it seems. In the case of Tron, buying TRX rather cheap on either Binance or KuCoin and selling it on HitBTC will yield profits of roughly 1.3%. It is a somewhat small spread first and foremost, but these small profits can all add up to pretty decent gains throughout the day.
EOS (Binance / KuCoin / HitBTC)
It shouldn’t come as much of a surprise to learn the arbitrage opportunity involving EOS is identical to Tron’s. These two coins often follow very similar patterns when it comes to exploiting price gaps, for some unknown reason. In today’s edition, the EOS price on Binance and KuCoin is 1.7% lower compared to HitBTC, which makes for a very easy and straightforward direct arbitrage opportunity.
Litecoin (Bitstamp / Binance / HitBTC)
For those who want to sell Litecoin on HitBTC for a profit, buying on Bitstamp, Binance, Kraken, or KuCoin are all viable options to score profits ranging from 1.2% to 2.5%. When buying on Bitstamp, there is also an option to sell on Cex, Bitfinex, or VeBitcoin for a gain of 1.8% on average. All of these options are rather profitable, although it may take some organizing to explore the best options at any given time.
Crypto Price Watch: Waves (WAVES) and Maker (MKR) Continue to Showcase Strong Market Support
At press time, around 85% of the world’s top-30 altcoins lay in the red zone, with premier assets such as Bitcoin Cash (BCH), Stellar (XLM), Bitcoin SV showcasing losses of around 10%, 5% and 6% respectively (over the course of the past 24 hours). However, in the midst of all this chaos, crypto coins such as Maker (MKR), Waves and Ethereum Classic (ETC) have continued to rally strong, with the aforementioned currencies gaining 10%, 3%, and 1.5% respectively.
What’s Causing MKR to Surge?
One of the primary factors that could be behind Maker’s amazing run is the fact that investment fund ‘a16z crypto’ recently bought a whopping 6% of the total MKR token supply for a sum of USD $15 million. As a result of this deal, a16z crypto now owns a tangible stake in the functional decentralized stablecoin (which bytheway makes use of formally verified smart contracts).
At this point, it is also worth mentioning that ‘a16z crypto’ is owned and operated by VC firm ‘Andreessen Horowitz’. The aforementioned deal was facilitated by former federal prosecutor Katie Haun (who is now a partner at a16z).
Additionally, over the course of the past few weeks, there have been other developments that too have spurred the overall adoption of MKR all across the globe. For starters, the dev team at Opera (the web browsing application) announced yesterday that they had created an all-new lightweight crypto wallet solution that allows users to ‘store and transact’ altcoins such as Dai and MKR using a pre-built extension module on the browser
Amazing to see @Opera for Android browser offer a built-in crypto wallet, allowing you to store and transact with #Dai & #MKR! No additional extensions needed, super cool. 😎 https://t.co/kZFvNOXPbo #Web3
— Maker (@MakerDAO) December 13, 2018
Lastly, MKR is also now live on the Wanchain main net. In regards to the matter, the Maker team released the following tweet:
“The Dai token will utilize Wanchain’s cross-chain functionality allowing for Bitcoin to be exchanged for Dai in a fully decentralized manner”
Can Waves Sustain its Amazing Run?
As many of our readers may already know, over the course of the past month or so, the price of Waves has increased quite significantly (with the currency even breaking into the top-30 a couple of weeks back). However, such pump and dumps are quite ordinary within this volatile market and thus it remains to be seen if Waves can continue its amazing performance in the coming few days and weeks.
We are excited to announce a long-awaited update of the #Waves Mobile app! Deposit, store and withdraw your #crypto securely, trade your assets on DEX, lease your $WAVES — everything is now available right on your smartphone! Read more about it here: https://t.co/5Qp7YKTa8r pic.twitter.com/y5hsCXj2GV
— Waves Platform (@wavesplatform) December 3, 2018
One of the most intriguing aspects of the Waves project is the that by next year, the dev team wants to deploy ‘atomic swaps’ into their native operational module. As a result of using this technology, the Waves ecosystem will not only be able to make asset trading much more streamlined but also make digital altcoin transfers cheaper and more secure.
Some of the other key developments in relation to Waves that are worth noting include:
- Decentralized 2-FA: Once implemented, this technology will help usher in a new era of decentralized security since it allows for the creation of a new layer of internet privacy.
- Smart assets: In regards to this technology, the Waves team claims that once this feature is live in its final iteration, it will allow devs to create complex smart assets on the Waves blockchain (thus allowing traders to indulge in even more unique financial exchanges).
— Waves Platform (@wavesplatform) December 13, 2018
Bitcoin Cash Price Heads South of $90 Once Again
Nothing ever comes easy in the world of cryptocurrency and digital assets. As all markets remain subdued for yet another day, it seems there will not be any real improvements moving forward. For Bitcoin Cash, things have looked bleak all year, and the pressure hasn’t relented just yet. In fact, the value now sits below $90 again following another big loss over the past 24 hours.
Bitcoin Cash Price Dip Is not Over
No one will be really surprised to learn there is yet another deficit for the Bitcoin Cash price as of right now. Not just because all other markets are down as well, but primarily because the recent network protocol upgrade has left a mark on this fork of Bitcoin. As such, there are a lot of investors and speculators who are bailing on anything that isn’t Bitcoin. That is only to be expected, especially when the market remains uber-bearish.
Over the past 24 hours, there has been another near 10% drop for Bitcoin Cash in USD value. Additionally, there is a 7.2% decline in Bitcoin value. It has been a while since BCH dipped below the 0.025 BTC mark, yet it seems that may happen pretty soon at this rate. For now, there is no indication the current market sentiment will turn around, neither for BCH nor any other asset or currency on the market.
The positive news is how there will be yet another Bitcoin Cash Meetup in Pasadena this weekend. Events like these usually help to spread the word about specific projects, as well as get existing investors a bit more excited about what the future may hold. This Meetup will apparently discuss the “exciting roadmap for BCH’. An interesting aspect, as BCH needs a plan for the future.
— Bitcoin Cash (BCH) Meetups (@BCHmeetups) December 14, 2018
On the other side of Twitter, there are those who are still pretty annoyed with the Bitcoin Cash “split” that happened about a month ago. Ever since this happened, the value of all cryptocurrencies has decreased significantly. One has to wonder if the Bitcoin SV creation is the only reason for this bear trend, which was in effect well ahead of this network upgrade.
#BSV and #BCH going to zero faster than you can say Craig Wright is a self-obsessed possibly clinically insane delusional childlike man who was a catalyst for this new bear market resulting in many people losing a lot of their hard earned cash!
— Decrypto (@AffairsDecrypto) December 14, 2018
A similar sentiment is echoed by Adhik Joshi, who isn’t too amused by all of these coins deriving value just because they have “Bitcoin” in their name. As such, he dislikes both Bitcoin Cash and Bitcoin SV, a sentiment that has been rather apparent for quite some time now. It will be interesting to see how things play out for all Bitcoin-named currencies over the coming weeks.
Now days Its easy to print fake crypto money
— 𒈟🌙 (@adhik_Joshi) December 14, 2018
Based on the current market conditions, it would appear there is no genuine improvement in sight whatsoever. All markets continue to struggle, despite some positive momentum on the hourly charts. Those gains are incredibly difficult to turn into a sustainable trend these days, which only adds more fuel to the proverbial fire. For now, a Bitcoin Cash price dip to $85 or potentially even lower is not out of the question.