MCAP

What is MCAP?

Bitcoin growth fund is a blockchain startup based out of Dubai and India which was started in January of 2017. It functions as a venture capital fund where small investors with little to no knowledge on cryptocurrency investments can plug in and earn passively from the fund. The native token of the Bitcoin growth fund “MCAP” was launched through a successful initial coin offering (ICO) process and is required for all transactions on the platform. The founders of the Bitcoin growth fund (BGF) include Phil McCauley, Nagaraj Konda and Mattias Frost.

MCAP Labs is a feature of the Bitcoin growth fund that supports education and research on the platform to ensure that investors reap the maximum returns from their investments. It allows investors to invest in a single vehicle that selects the most promising cryptocurrencies and lumps them together as one investment.

MCAP promises huge returns to its investors. The MCAP token is an ERC20 token recorded on the Ethereum blockchain, it is completely trustless and decentralized. MCAP labs have focused on three key areas: Mining research, ICO evaluation and ICO investment. The MCAP token is a mining and ICO fund.

Mining Research

Mining is the process through which most cryptocurrencies are generated. It is a highly energy intensive and this prohibits many individuals from taking part in the process. Not only is the mining hardware expensive but so is the maintenance costs of supplying the electricity needed. MCAP has created a system that makes the most of cryptocurrency mining to allow investors to profit.

ICO Evaluation

Similar to crowdfunding, ICOs are a way of raising money for blockchain based startups from a community of supporters. As much as it is an effective way to raise money, it can also be abused and misused to exploit unknowing investors starting out in the cryptocurrency space. MCAP labs has developed a unique test known as a KPI test through which upcoming and potential ICOs are screened to establish their authenticity and investability. The KPI test focuses on the unique strengths, the concept, the team and the investment potential of the ICO. The aim is to distinguish between mediocre and promising ICOs that can be included in the portfolio of MCAP labs. To this effect, they have created a high level investigative system to weed out fraudsters, because these abound in the cryptocurrency space.

ICO Investment

The third arm of MCAP labs focuses on investing the funds raised through ICOs and mining. The funds collected are invested in the mining of various cryptocurrencies like DASH, Ethereum classic, Monero, Litecoin, Z-cash, Bitcoin and others.

How it works

Bitcoin Growth Fund allows rookie investors to invest as little as possible in the fund that is allowed by most other growth funds in the market. However, this “minimum amount” seems to conflict in different parts of their website.

One part claims that you can invest as little as 0.01 BTC while other parts claim that you can invest as little as 1 BTC. Also, this “minimum amount” is pegged on the current value of Bitcoin which keeps fluctuating. If we go by the highest value achieved at the beginning of 2018 (almost 20,000) and take the amount as 1 BTC, then this makes the amount insurmountable to many would-be investors in the fund.

The fund uses colored coins created on the bitcoin blockchain. This allows the platform to have all the related features of the blockchain including decentralization, transparency, immutability, and peer to peer relationships. When users invest in BGF, they are actually buying tokens that grant them access to the fund.

The fund is controlled by a committee comprised of fund managers and an advisory board. The committee decides how the funds should be invested after carrying out extensive market research. The shareholders decide whether to hold or sell their tokens depending on the performance index of the fund.

The value of the MCAP token appreciates simultaneously with the value of the growth fund. The Bitcoin growth fund has two wallets for storing tokens; Indiesquare Wallet and Freewallet.

What is the problem that MCAP Solves?

Cryptocurrency markets are extremely volatile. It is hard to predict when the market will be on a bull or bear, even with the best indicators the market sometimes disappoints. It is a common saying in cryptocurrency circles “do not invest what you are not willing to lose” because investors are always faced with the reality of losing it all in the blink of an eye.

The volatility of cryptocurrency markets is incomparable to that of the traditional stock exchange, as much as the latter also fluctuates significantly.

This puts even industry veterans at risk unless they are equipped with the right tools to help them make accurate predictions on the market most of the time.

Also, the market is currently flooded with a mix of high potential cryptocurrencies, but it can be hard to track all of them and make the right investment moves.

With this picture, the market needs a solution that saves an investor from this entire headache. A tool to track the movements of high performing cryptocurrencies is needed.

MCAP tries to make the right decision for the investor by charting an investment path with the most promising returns. Rather than the investor putting his many in numerous digital assets, MCAP combines these assets into a single asset to make tracking the investment easier.

The MCAP token uses the ERC 20 protocol for peer-to-peer transactions. All MCAP transactions are recorded on the Ethereum Blockchain to ensure immutability and transparency. MCAP has developed suitable algorithms to predict the best alt-coins to mine to get maximum profits at any given time.

As opposed to how traditional markets operate, MCAP is an open market that gives all forms of investors control over the market. All players are equal and have an equal chance of making profits from the system by investing in the well researched MCAP token. The experienced team of analysts will ensure that the raised funds are invested in the most promising digital assets. MCAP will keep reinventing its portfolio of digital assets to ensure a constant influx of fresh capital into the distributed economy.

ICOs are the novel way to fundraise for blockchain projects. However, it is difficult for the average investor to distinguish the real value from the fake ICOs. If investors had a tool that could accurately predict which the most promising ICOs, this would be the surest way to earn the highest returns from cryptocurrency markets. Identifying the real value ICOs and investing in them would also serve to boost the projects fundraising efforts, this is how BGF acts as a venture capital platform.

How does MCAP Solve the problem?

With MCAP, investors can join and invest in the Bitcoin Growth Fund. This saves the investors the headache of having to sift through dozens of potential digital assets and select which ones to invest in.

MCAP allows investors to take part in the mining of high value assets and crowdfunding of high return cryptocurrencies. BGF has developed an algorithm to calculate which Altcoin will fetch most profits if mined at any given moment based on three features; the difficulty level, trading volume and the profit that it could potentially generate.

BGF has an ongoing process to continuously analyze the various upcoming ICOs based on over thirty parameters. Some of the parameters include: viability and scope of the product idea, intellectual background of the founders and team, applicability of the concept, industry sector, etc. with this extensive research, it is possible for MCAP to accurately predict and highlight the most promising digital currency, the behavior of the market at different times and the high-value ICOs.

Investors on BGF receive semi-annual dividends on the amount invested in BGF and also can trade MCAP when it gets listed in cryptocurrencies exchanges. This is how the Bitcoin growth fund operates:

For investors

Hunt for ICOs

BGF will use a unique set of algorithms to hunt for the most lucrative ICO bases on numerous parameters. BGF ensures that due diligence is carried out to protect the investment of users on the platform.

Best Price Listing

BGF is able to negotiate the lowest possible token price which is lower than the price stated on the ICO’s own website. This is to ensure that investors reap maximum returns when the ICO is over.

Buying ICO Tokens

Users can buy tokens from as low as 0.01 BTC

Token/Coin Delivery

Once purchased, the tokens are held in a suggested wallet and will be swapped for coins as per the ICO schedule.

BGF uses smart contracts to lock investors’ funds safely in an escrow format when they purchase any ICO tokens. The funds are released to the ICO team once they have released the stated tokens. This is done to protect the investors’ money.

For ICO

Application

The BGF team identifies promising ICOs to invest in. Upcoming ICO projects can also reach out to BGF for consideration.

Due Diligence

BGF has to carry out extensive due diligence to protect the interest of their investors. Therefore, BGF will have deep conversations with the ICO teams to gather enough understanding of the project and determine if it’s worth an investment.

Listing

After the due diligence stage, ICOs that have met the threshold will get listed on the BGF platform where more than 97,000+ users can view the ICO and invest in it.

Target

Funds raised on the BGF platform are held in a smart contract and once the target is attained, the ICO releases the tokens and the funds are released.

ICOs go through a rough time in the initial phase of fundraising. Investors too may struggle in identifying which are the promising ICOs and which are not. BGF fills this vacuum by linking the most promising ICO projects directly to investors. BGF also provides technical and nontechnical support for ICO projects. MCAP has a stringent policy on cost saving for efficiency. They go by the slogan “Look after the pennies and the pounds will look after themselves”. What this means is that by ensuring that all costs are kept at minimum MCAP is able to maximize on profitability. To sum it up, this is what the whitepaper has to say

“We at MCAP have realized the potential profits which can be generated from mining the high growth cryptocurrencies and have developed an algorithm to calculate which cryptocurrency would be most profitable to mine at any given moment based on various parameters.”

What makes MCAP better than its competitors?

The Bitcoin growth fund is open to investors across the divide. They have tried to keep the minimum investable amount considerable.

Unlike other traditional investment funds, MCAP is decentralized, transparent and cannot be easily manipulated by a few individuals.

How can MCAP be categorized?

MCAP is a digital currency; it is also an Index fund and a venture capital fund for blockchain projects.

MCAP’s vision on security?

Not much is said about the security features of BGF. However, they mention that they use smart contracts to lock investors’ funds safely in an escrow format when they purchase any ICO tokens.

The funds are released to the ICO team once they have released the stated tokens. This is done to secure the investors’ money.

The blockchain is a public ledger that is secure and transparent. MCAP uses cryptographically sound techniques to secure the authenticity of each transaction which is immutably added to the public ledger.

Examples of MCAP use cases / applications.

The MCAP labs is the research and development arm of BGF. It carries out research on the cryptocurrency market and creates investment solutions for users. The MCAP token is an investment vehicle that allows investors to invest in a single token that is representative of numerous high-value assets. With MCAP, investors can take part in mining the following cryptocurrencies:

Bitcoin
Dash Coin
Ethereum
Lite Coin
Ethereum Classic
Z Cash
Monero

Token owners can also trade tokens on the BGF platform. Blockchain projects can also use BGF to fundraise and interact with potential investors. DenCity is an example of a blockchain project listed on the BGF platform.

August 23, 2018

DigiByte

WHAT IS DIGIBYTE?

DigiByte is fast growing and global blockchain focused on cybersecurity for decentralized applications and digital payments. Its major focus has been on the safest and most secure way to keep data, decentralization and how fast a transaction can be.

Being a digital asset, digibytes cannot be counterfeited, hacked or destroyed which makes it the best option to choose to protect valuable items like information, currency, digital data or even properties.

It is a cryptocurrency that operates its own blockchain i.e. an open source. Digibytes’ main goal is to develop a cryptocurrency which would get across to a wider community, fully decentralized than the bitcoin. It employs the use of the blockchain technology to achieve its purpose, developing secured apps that can withstand cyber-attacks.

DigiByte boasts of a network that is more scalable, faster and secured than almost all other cryptocurrencies. DigiByte has a goal to surpass the operational speed of operators like PayPal, western union etc. These operators have a processing speed capable of producing one million transactions in a day.

DigiByte has a block time limit of fifteen seconds which means that transactions are completed, verified and confirmed faster. Despite the scalability issues that come with processing transaction very fast, Digibyte did well by being the first to implement the SegWit protocol.

Initially, it was regarded as a gaming cryptocurrency but due to numerous controversies, the gaming feature was shut down. Today, DigiByte remains the first and only cryptocurrency to employ the use of multiple Proof of Work algorithms totaling five in number. The maximum number of coins to be distributed is 21 billion which is going to be distributed across 21 years.

WHAT IS THE PROBLEM DIGIBYTE AIMS TO SOLVE?

Digibyte was created just like many other altcoins to solve the shortcomings of bitcoin. The major problem digibyte aims to solve is the issue of cybersecurity. We live in a digital world where virtually all we do is related to the internet – information, data, money etc. happens online. Although, there have been numerous attempts through which other cryptocurrencies have tried to provide online security, it has never been adequate enough.

Issues like hacking have become the order of the day in the digital world with so many people trying to manipulate others for financial gain, although, other platforms are said to be secure because of the presence of the blockchain and the algorithm employed.

However, there have been cases of manipulation on these systems one time or the other. In essence, DigiByte aims to provide absolute security of things, information and resources.

Digibyte also aims to provide actual decentralization to the world at large. Most cryptocurrencies are not totally decentralized as they are controlled by individuals and private companies rather than the communities. This defeats the definition of the blockchain technology. Another issue DigiByte aims to solve is the issue of speed.

HOW DOES DIGIBYTE SOLVE THESE PROBLEMS?

As earlier noted, the most obvious problem that other applications face is the susceptibility to cyber-attacks. Several valuable pieces of information are either lost or cease to be confidential as a result of this threat. The following are solutions to the problems:

Through their idea of a global decentralization, DigiByte as a presence of in over two thousand servers, phones, nodes and computers across the globe. This way, there is slightly any possibility of a hack as it is impossible to hack all of these devices all at once.
The implementation of the five algorithms for mining is another perfect step to deal with insecurity. As opposed to other platforms that makes use of an algorithm, digibyte makes use of five. This ensures that centralization is impossible and as such, the aims of the platform is seen to actualization. The algorithm used includes: SHA256, QUBIT, SKEIN, SCRYPT, and GROESTL.
Through the establishment of protocols like multishield and digishield, the blockchain is protected against any malicious attack. These protocols means that digibyte has the most sophisticated difficulty stability across the globe. This implies that the difficulty encountered in mining with any algorithm is improved upon anytime miners are already familiar with it. This way, the standard of the platform is maintained
The speed of DigiByte is estimated to be 40 times faster than that of Bitcoin, which denotes that it has been able to solve the problem of slow transactions. Restriction in scope and size has helped to increase the speed, extent and the amount of data that are transferred over the digibyte network.
Also, innovations brought about by the Segregated Witness have been a major factor in increasing the speed of operation. Such innovations include confirming a transaction or operation once, and not having to go through several unending processes.

WHAT MAKES DIGIBYTE BETTER THAN ITS COMPETITORS?

Digibyte since coming into the limelight has been known to be better than its contemporary blockchain. This is made possible by the improved sophistication employed in its development, as well as the purpose it serves which none other could.

The amazing thing about DigiByte is not only in the fact that it is fast. Its greatest feature lies much more in the tendency of even getting faster in a few times from now. This has made the digibyte more excellent than any other blockchain, Bitcoin inclusive. Its super speed of completing transactions in a few seconds is simply amazing and its long-term potential is high.
The DigiByte network is heavily secured. Everyone wants the security and safety of their assets, properties and information. This is just the perfect piece of protection which DigiByte offers more than any of its competing blockchain. The ledger containing all transactions and operations on the network is resistant to hacking or cyber theft.
Digibyte has algorithms which ensure that any attack on it is pretty impossible. It also cuts down the block time in comparison to Bitcoin, coupled with the five algorithms that ensure decentralization. This in turn gives a block time every 15 seconds that makes it impossible to hack into the assets or documents. This is a comparatively high advantage of DigiByte over any other blockchain.
Digibyte is developed separately on its own Blockchain network.. This distinctness is what ensures that DigiByte is unaffected by other networks around the world.
Number of transactions completed per second also makes DigiByte a step ahead of other blockchain. It conveniently processes 560 transactions per second. This scalability is much higher than any other of its competitors. As a comparison, Bitcoin manages about 7 transactions in a second which is considerably low.
No other blockchain has future plans of improving as much as digibyte does. Despite being a leading figure in all ramifications, digibyte seeks to improve on its efficiency and effectiveness. That sense of vision and planning is quite commendable. Digibyte plans to have several billions of coins mined in the future. This no doubts make digibyte an immensely better payment option than any competitor.

HOW CAN DIGIBYTE BE CATEGORIZED?

Digibyte can be classified into the following

Digital Currency and asset

Digibyte can be used as a means of exchange and also as a means for investment. To enjoy the value that the blockchain provides, there is a need to possess the coin. . Transactions, payments, and purchase of goods and services can be made in form of digibytes and are generally acceptable in the world. Without possessing this currency, no transactions or investments could be carried out. Trading of assets and properties are done in form of digibytes

Security

The main aim of the platform is solve the numerous issues of cybercrime across the globe. Digibyte aims to provide a more secured means through which data could be stored and not tampered with.

Through the implementation of various algorithms, digibyte is referred to as one of the most secure blockchain platforms.

Decentralization

The digibyte platform is a truly decentralized platform as it is not controlled by any private organization but rather by the community itself. Its implementation of five different algorithm is just to ensure no one is able to become a central power by dominating a single mining pool.

Data Storage

The name digibyte denotes memory space like a gigabyte or megabyte. This means that valuable data can be stored on it. The good news is that it is not susceptible to hack or destruction. Once data is stored on it, it cannot be manipulated except the right access is given it by the owner.

WHAT IS DIGIBYTE VISION ON SECURITY?

Digibyte incorporates a heavy defence and security structure in safeguarding assets, information and transactions on its network. As much as digibyte currently runs a very high security level, its vision on improving defence and immunity against hacks and attacks is appreciable.

This shows the concern of Digibyte for the safety of assets. Security is not a thing that Digibyte jokes about. Several other crypto projects have caught the fancy of several investors, yet involve a high risk and uncertainty of investment. Coupled with the fact that Digibyte ensures a huge profit on investment, it also ensures the protection and preservation of all assets and properties.

Digibyte is indisputably the safest and most secure UTXO blockchain, as it develops a distinct network of its own rather than the centralized one, Bitcoin.

In fact, it can be concluded that the separate and individual network of its own is what ensures the safety of digibyte assets. Some crypto currencies can be hacked based on the possibilities of a malfunction or centralization but digibyte is way different as it is quite sophisticated and immune to cyber-attacks.

Digibyte possesses a difficulty adjustment that adapts itself and changes at every point in time to protect the assets. This is as opposed to the Bitcoin that changes with a fortnight delay.

Digibyte has algorithms that are corresponding to the difficulty adjustments. It is practically impossible to break into Digibyte Blockchain as it is quite costly and expensive to carry out.

Likewise, the five mining algorithms do not permit a hacker to gain control of its network. Most notable vision of digibyte is how to combine the recent technological advancement in its development with artificial intelligence. This is so as to maximize the field of automation and data analysis more than ever before.

EXAMPLE OF DIGIBYTE USE CASES/APPLICATIONS

Digibyte can be used in different sectors and positions. Some of them includes:

Governance: important information as regards government can be stored on the digibyte, kept secured and safe from external attacks this way, information, transactions can be transported from one place to another without any room for fraudulent practices
Voting: The platform, through the use of the smart contract can be used for voting purposes. Voting data can be stored on the digibyte blockchain. This way, manipulation is totally impossible giving room for a free and fair election.
Cryptocurrency: other cryptocurrencies like dogecoin have begun the implementation of some of digibyte features like the digishield and multishield. Most certainly, so many other cryptocurrency, both upcoming and potential platforms would employ its usage.
Cloud Storage: digibyte allows its participants to store data offline. Private documents like a will, certificate of ownership, academic findings etc. can be stored on the digibyte. This avails the user peace of mind as there is no room for hack whatsoever.
Financial Institution: considering how fast transactions are carried out, financial institutions can employ its use. Because of the safety it provides, transaction are more secured and users can trust the system more
E-commerce: the blockchain allows for decentralized apps to be built on the platform. E-commerce can capitalize on this to provide a platform that would run without the need of a third party system. Payment, tracking, records keeping etc. would be done on the platform. Also, the transaction speed of the blockchain would be of great advantage to the e-commerce platform.

Digibyte has a lot of use cases ranging from the gaming industry, gambling and other related sectors.