Mar 242018

This is a sponsored press release

300cubits, a blockchain-powered ecosystem to secure shipment booking is set to launch their ICO on 12thApril, 2018. This month long campaign will offer 18,000,000 TEU tokens—the proprietary medium of transaction on the 300cubits platform. TEU tokens have been rated 4.6 out of 5 from ICObench.

24th March, 2018

The 300cubits team and its advisory group comprise of renowned industry veterans, usually unseen in most of the ICOs. One of the Co-Founders, Johnson Leung, has twenty years of relevant industry experience; particularly in the shipment booking process. The advisory board has Thomas Eskesen and John Urban, two noted experts that have founded INTTRA and GT Nexus, portals like for booking ideal accommodation. Around 30% of the global shipment bookings go through these two portals. The team is also pleased to have Charlie Wellins, a highly respected C-level executive in the container shipping industry and Hua Joo Tan, a KOL / influencer where his weekly newsletter was read by thousands of key industry professionals.

Following a successful trial shipment, 300cubits is pleased to announce that their ICO public sale will start on April 12, 2018. Meanwhile, the company also informs that the ongoing private placement for contribution at or above 20ETH will continue until April 12, 2018. The upcoming ICO will continue for a month, during which the early adopters to this blockchain-based container shipping platform will gain access to 18,000,000 of a total supply of 100,000,000 TEU tokens. 2% of the TEU tokens have already been successfully sold for 1588 ethers, while the team is selling another 18mn TEU tokens in the Private Placement and ICO.

300cubits’ TEU tokens and ecosystem are designed to tackle the $23bn “No Show” pain point in the container shipping industry.  The container liners have been incurring chronic losses over the past decade, which has led to some of the largest bankruptcies the industry has witnessed. 300cubits strongly believes that this sorry state of the industry is due to its inability to execute agreements in its daily operations.

“No Show” is a glaring problem faced by the industry, and it refers to a situation where a customer books a shipping slot but does not turn up with the cargo. Plagued by a “No Show” probability of around 30%, the industry has long been trying to implement booking deposits. However, the customers have vehemently resisted the idea of placing their cash up front. On the other hand, the crypto world wants a token that is accepted by the real world. The 300cubits team is looking to connect the two worlds by offering some tokens to the industry for free, on the condition that the industry will use these tokens to ensure wide acceptance of TEU tokens in the shipping industry.

300cubits is confident about eliminating the shortcomings of the container shipping industry by issuing ERC20 compliant TEU tokens in the Ethereum network, and promoting them as the cryptocurrency for the container shipping industry.  The smart contracts governing the transactions of the TEU tokens are coded with a set of immutable conditions, and neither of the parties will be able to alter what has been agreed upon. The TEU tokens have already received the rating of 4.6 out of 5 from ICObench, a popular rating platform and a blockchain community supported by a wide range of experts.

“Both the container liners and their customers will be given valuable TEU tokens that will be held as deposits with conditions, and paid out later upon the execution of the shipment booking,” explains a senior member of the team 300cubits. “The container liners will be compensated with the TEU tokens if the customers do not turn up with cargoes. Likewise, the customers will be compensated with the TEU tokens if their cargoes are rolled.”

The production system of the project is expected to go live on June 15, 2018. A system prototype has been successfully tested by most of the major industry participants, while over eighty shippers have already signed up to use the TEU tokens. The first live trial on two 40-feet high cube containers out of Malaysia has been successfully completed with the participation from a major container liner, Malaysia’s West Port and LPR, a large Brazilian textile importer.

About the Company: 300cubits provides a blockchain solution, tackling industry pain points such as “No Show” by creating TEU tokens, a digital currency, as booking deposit and an ecosystem to facilitate the use of the digital currency. To participate in 300cubits’ ICO, please sign up for the waitlist here or join the company’s telegram group here.

Contacts: Jonathan Lee



Mar 212018

This is a sponsored post

A blockchain-powered daily fantasy sports platform, MyDFS promises to improve the gaming experience for uncountable amount of fantasy sports enthusiasts around the world by delivering better speed, ease-of-use, transparency, governance and accountability. This mobile based fantasy sports ecosystem has been created by the founders of uTrener and KHL Fantasy, two of European earliest and most popular daily fantasy sports platforms.

London, UK March 21, 2018

MyDFS, a blockchain-powered daily fantasy sports platform, is all set to redefine the industry by connecting the sports fans around the world to an ecosystem that is transparent, easy-to-use, and token buyers friendly. Built on smart contracts, MyDFS runs on mobile devices to address a number of issues that have plagued the fantasy sports industry. The ultimate goal of this project is to simplify the user experience to make the games enjoyable for all types of players.

The global fantasy sports industry has experienced phenomenal growth over the last few decades. Only in the US and Canada, this market was worth $7 billion in 2017. However, an extremely high growth rate has led the industry to an immature state where outdated business practices are commonplace. As a result, this highly promising industry has been struggling with several shortcomings including uncertain legal status, complicated gaming experience, complex verification procedures, deposit and withdrawal related issues, and lack of transparency.

MyDFS was designed as a transparent and worry-free fantasy sports platform that will be capable of overcoming all the existing challenges, leveraging modern technology and contemporary business approaches. The platform addresses the industry’s legal issues by introducing cryptocurrency tokens to be used throughout the platform. Limitations such as insider gaming, bots, and other cases of unfair play have been eliminated with the application of blockchain and smart contract technology. Some other benefits for the fans include

  • Streamlined user experience
  • Fast user verification
  • Fast and worry-free transactions
  • Transparent gaming and fair play
  • Get profits from winnings in tokens.

The MyDFS team comprises of industry professionals with a wealth of experience in the fields of fantasy sports and large-audience applications. In 2016, this team hit the headlines by developing and launching uTrener. This was one of the earliest platforms on the European market to offer a refined, user-friendly and seamless DFS gaming experience on iOS, Android, and the web. They have also launched KHL Fantasy (later KHL Haier Fantasy), a white label app for top European ice hockey league KHL. KHL Fantasy won MarSpo 2017 as the best sport app and was featured by App Store several times. At the same time MyDFS team received UK Gambling Commission License to legitimately operate fantasy sports in Europe.

“MyDFS presents a fantasy sports solution with clean, midcore gameplay that supports multiple popular sports and allows people to invest and capitalize not just on the game itself, but also by investing in other pro players (earning a share of their winnings), or holding or selling game tokens,” says Viktor Mangazeev, the CEO of MyDFS. “Our platform embraces transparency and fair play. Our cryptocurrency tokens eliminate the need for fiat currency. The accuracy of our fantasy results is backed up by smart contract technology. The real-world game data that determines how players on our platform do, along with players, teams and statistics, are completely publicly accessible.”

MyDFS currently supports soccer, hockey, basketball, cricket, and football, and is capable of integrating more popular sports in the future. It works on all contemporary smartphones, tablets, and the web. MyDFS token, an Ethereum-based token, will be used for all value transactions within the MyDFS ecosystem. These tokens can be used to play, win, and exchange it for other cryptocurrency or fiat money. The users can also hold and trade their tokens, maximizing their earning potential as the demand increases for the MyDFS tokens. Moreover, MyDFS is pioneering player brokerage to let casual users to share their prize pool with a pro-players.

MyDFS app is expected to be released before the FIFA World Cup 2018 to be held this summer in Russia. The company has recently started its pre-ICO campaign, offering a total of 50 million tokens with a hard cap set at $40 million. Attractive bonuses are available for the early token buyers.

To find out more, please visit

About MyDFS: MyDFS is a blockchain-powered daily fantasy sports platform from uTrener and KHL Fantasy apps creators. It runs on mobile devices and connects sports fans around the world in a transparent, easy-to-use manner. The platform simplifies the user experience to make the game enjoyable for players of all types. MyDFS is also pioneering player brokerage to let casual users to share their prize pool with a pro.

Contact: Anastasia Shvetsova



Mar 102018


Bitnation is one of the oldest projects and ideas in the crypto space, and came out of a natural extension of the philosophy behind the early Bitcoin community. What would a world look like where citizenship itself is voluntary and association is by choice, not by force? Could the ideas behind Bitcoin help unleash such a world? If so, how would it look? These are some of the many questions that were answered by the Bitnation team over the last few years. Today, we take a deeper look into the project, as the team decides to do a token sale.

Blockchain and Sovereignty

Since the very days of blockchain, when Bitcoin was the only game in town, it attracted a lot of forward thinking movements that imagined the world for the better with the help of this technology. After the launch of Ethereum, a lot of these ideas actually began to take shape. Bitcoin has a limited smart contract functionality whereas Ethereum lets you write arbitrary complex smart contracts on the blockchain. This enabled Bitnation to further develop from an idea to a product.

The vision of blockchain and sovereign identity is related because blockchains give you the power to associate with groups that you wish, and not with others. Trust is intermediated by the blockchain even among distrusting parties. It lets all people involved to come to a consensus based on the ledger state.

The Bitnation Idea

Bitnation’s main idea is that people can manage their own identities and choose to associate with other people of their choosing outside the nation state. Bad actors are weeded out through the human trust network as opposed to government or law enforcement. The identity itself is usually part of a larger group of people who attest to your identity, usually through in-person meetings.

The big idea behind Bitnation is that of a ‘voluntary nation’. The only thing you need to do, pretty much, is accept the Bitnation constitution. Again, remember there is no coercion in joining this, and in what capacity. If you disagree with the Bitnation constitution, you should not join the network. It is as simple as that really.

All the usual bookkeeping that is done by centralized governments are now done on the blockchain in the Bitnation system. For example, marriage certificates are put on the blockchain for everyone to see. The deed to your house is the same. More powerfully, Bitnation is floating the idea of a ‘blockchain passport’ which is not an “officially” recognized passport, but is instead a passport to your Bitnation community. Obviously, this blockchain passport is also issued on the blockchain.

An Alternative System

The goal of the Bitnation platform, as you can see, is to create an alternative system to the existing top-down hierarchical government structures and bureaucracies. The services that the State provides and we are so used to are now facilitated on the blockchain through a common consensus of all the voluntary ‘citizens’.

You could classify Bitnation’s approaches as a ‘social libertarian’ category, or at least find some overlap. However, it is hard to categorize such a novel approach anyway. The idea is to empower individuals to come together and build voluntary institutions usually powered by technology. In this case, the technology is blockchains.

Bitnation wants to give individuals the freedom to choose their economic and governance systems as opposed to those being selected for them based on their region or birth. If you want to live in a commune or if you want to implement basic minimum income, you can. If you want to go hyper-competitive capitalist, you can. The point is to give this choice to the individuals.

Instead of the legal system adjudicating disputes, it is a reputation system that acts as an incentive for people to resolve their disputes. This reduces the burden on courts and legal systems and encourages people to work out solutions by themselves. This is just one of the ways the Bitnation system differs from traditional nation-state style of living.

The vision of Bitnation is quite grand. We shall wait and see how much of that vision the project can realize. Bitnation is having a token sale that you can participate in. This is for the PAT tokens. Check out the website and whitepaper before you invest anything. Remember that any token sale investing is highly risky and you can lose all your money. Invest only what you can afford to lose.

Photo Credit: shaire productions

Mar 062018

XYO Network

The XYO Network is building a really useful protocol on the blockchain, which would likely be used by all sorts of projects and developers – an oracle system that provides a ‘proof of location’ on Ethereum. Such an oracle system would invariably have a different set of security parameters than a blockchain itself. However, it is much more decentralized than the centralized options available today. Better still, the XYO Network, by building on Ethereum, can simply be used as an API for location data into DApps (Decentralized Applications) that run on Ethereum. This can actually provide a powerful set of tools for developers.

Developers Rejoice!

The creation of an oracle system is a powerful addition to the blockchain system, which doesn’t have any native information about anything outside the blockchain. The answer today is via an Oracle. An oracle is any program that can be queried by another program, and which returns a value that represents a current truth. For example, a DApp can query a stock market API provider like Yahoo! Finance to get the current price of Facebook, and if it is over $100 per share, do a certain task. The blockchain or DApp by itself would never know such information as the price of Facebook stock by itself without the help of an oracle.

XYO Network is building a very special kind of oracle – a location oracle. Developers will find the XYO Network easy to use in their DApps, because it provides native location data. They don’t need to rely on third-parties, even GPS, if they can get this information directly from the Ethereum blockchain. The trust properties and risk is already outlined, so depending on the level of accuracy required, this can be a powerful addition in the Ethereum developer toolkit.

Location Oracle

Now, on to the location oracle. Oracles are powerful systems. The first examples built in a decentralized way on Ethereum include the likes of Augur, which hasn’t released its product yet. However, it is becoming increasingly clear that DApps won’t be much useful without also including some real-world information in them in addition to merely using the blockchain state. Location is an obvious example of an external data point.

Location and location-based commerce are already powerful concepts. They provide a way for the blockchain to know about the ‘real world’ and its state. It lets apps know the change of this state, i.e. how the real-world is changing and evolving. Again, all of these are powerful concepts.

In the same way that Augur or Gnosis can be used to pass data about a football game results to the blockchain, XYO network can be used to pass the geospatial data about an object to the blockchain. This data can then be used in any number of ways by various DApps built on the blockchain that require a location component for their functionality.

Interested to learn more? Check out the XYO Network website and the whitepaper. There is a token sale soon. Make sure you understand the risks before participating. Token sales are highly risky and you can lose all your capital.

Feb 182018

Databroker DAO
Databroker DAO is building a DAO-framework on the Ethereum blockchain specifically for IoT sensor data to be sold globally. To some, this may appear to be very specific. However, IoT sensors will far exceed the total number of internet connected devices in use today. This means they will generate vast amounts of data. The way to correctly look at the Databroker DAO project is to imagine the world in 10 years time, not immediately. This is because due to a number of reasons, IoT sensors are still on the expensive side and not widely used.

Industry Trends

The success of a project like Databroker DAO depends a lot on the industry trends, i.e. not the current state of the world, but how the world will be in a few years. Here are some of the main trends that will be helpful for the wider adoption of a protocol like Databroker DAO.

  • The cost of sensors is dropping exponentially. This will make it easier to manufacture and ship cheap sensors all over the world.
  • Internet bandwidth continues to improve, but is still limited.
  • Storage continues to get cheaper, and will likely do so over the coming years.
  • More and more sensors are connected to the internet, forming the whole ‘Internet of Things’ connectivity framework.
  • A lot of work on self-driving cars will further reduce the cost of certain types of sensors for daily use, due to efficiencies of scale for manufacturing these sensors.

These are just some of the important trends that will drive more and more internet connected sensors. With more sensors coming online, there is going to be a vast swathe of data that is generated by these sensors.

An Alternate Revenue Stream

While the creation of data itself is quite interesting, the more interesting aspect is the use of this data in a global ecosystem. Companies are increasingly becoming global but need to think locally to stay ahead of the curve and serve their customers better. This will mean collecting local data and then working through the algorithms, like AI algorithms, to process that data to understand local markets better.

However, even for large corporations, covering every part of the planet is prohibitively expensive. How then can they get their hands on this data, which could become the lifeblood of their internal algorithms. After all, the world is moving towards a future filled with machine learning and AI algorithms, that need a huge amount of data to be trained and be accurate.

The Appeal of Databroker DAO Marketplace

In such a world, the appeal of a marketplace like Databroker DAO becomes pretty apparent. Instead of having to buy, plant, and maintain millions of sensors, companies can instead rely on existing sensors from everything from homes to cars. The companies of course will need to pay for this data, but it is cheaper than trying to do it themselves. Therefore it is a win-win really. Consumers get paid for the generated data, which can help subsidize costs of maintaining these sensors. Companies get the data that they need.

Companies here can be everything from multinational corporations to research institutes. We are moving towards a world in which data is the new oil. This will mean marketplaces for data can become globally important.

If you’re interested in learning more, check out the databroker DAO website and the whitepaper.

Photo Credit: Eric Fisher

Feb 142018

CryptoKitties Family Jewels Launch
CryptoKitties has officially launched the much awaited ‘Family Jewels’ feature in the popular CryptoKitties game that took the Ethereum world by storm late last year, even causing the entire Ethereum network to clog up. This introduction comes amidst a slowdown in the game, as fewer players remain after the initial hysteria. Prices for CryptoKitties, that have sold in excess of $100,000, slowed down for several months after the initial launch month. The launch of this new feature and a release in China during the Lunar New Year is expected to make the game more popular.

What are Family Jewels

The Family Jewels feature consists of two different attributes associated with the digital cats –

  • Mewtation Jewels
  • Cattribute Jewels

Mewtation Jewels

The Mewtation Jewels recognize the cats that were the first to show a mutation into a new trait, or the Gen-0 cats that first carried a basic trait. The Mewtation Jewels are further divided into 4 categories –

  • Diamond – the cat that shows the first ever mutation/basic trait. Only one diamond mewtation jewel per cattribute exists. It is the rarest of the Mewtation Jewels.
  • Gilded – the first 10 cats that show the mutation/basic trait.
  • Amethyst – the first 100 cats that show the mutation/basic trait.
  • Lapis – the first 500 cats that show the mutation/basic trait. This is the most common of the Mewtation Jewels in the game.

Mewtation Family Jewels

This is how the Mewtation Jewel looks like on the cat’s page:

Mewtations Tongue Family Jewels

The above refers to the first cat that showed the tongue mutation, which was cat 3020.

The Mewtation Jewels are going to be the rarest of the Family Jewels in the CryptoKitties game. For example, if you just consider the Diamond Jewels, there will only be as many of these as the total number of cattributes. Once all the cattributes have been found, the number of Diamond Jewels will forever remain fixed.

In terms of inflation characteristics, each time a new cattribute is discovered, there will be an inflation in the number of cats showing these Mewtation Jewels. However, the terminal inflation rate is 0, i.e. once all the cattributes have been discovered, and 500 cats have been bred with all possible mutations, no more cats with Mutation Jewels will ever be created. We haven’t reached that point of course, but we are expected to reach that point around the end of 2018 when all the Gen-0 cats would have been created.

This inflation characteristic is different for Mewtation Jewels than Cattribute Jewels, which we next discuss.

Cattribute Jewels

The Cattribute Jewels are derived from the original Mewtation Jewels as a heritage. What this means is that all the descendants of a cat with the Mewtation Jewel will have the same level of Family Jewels, assuming the cattribute is carried over to the descendants.

For example, here are some family jewels of a cat:

Cattribute Family Jewels

What the above means is that this cat is a descendant from a Gold Mewtation saycheese and a descendant from a Amethyst Mewtation googly.

When this cat breeds, if the resulting offspring has the saycheese cattribute, it too will have the Gold Cattribute Jewel. The same with other cattributes.

The inflation characteristics of Cattribute Jewels is such that the number of cats with these jewels will continue to rise without an upper bound, even after all the cattributes have been discovered and no more Gen-0 cats are being produced. This is because two cats with a Cattribute Jewel can continue to breed and produce an offspring with that cattribute, which would carry the family’s jewel.

Marketplace and Breeding

The cats with a Mewtation Jewel will become rarer over time as a percentage of total cats in the game. This adds to some other rare features in the game, like Gen-0 cats, Founder (Jaguar) Cats, and Exclusive Cats. Therefore, it is expected that over time, the relative value of Mewtation Jewel cats will increase, especially the ones with the Diamond Mewtation Jewel.

Cattribute Jewels are more common, but it is expected that cats with them will be more valuable than cats without them. Also, since the number of combinations of Cattribute Jewels is very large, breeders have a new target for their breeding in addition to hunting for fancy cats. For example, a cat with 8 Diamond Cattribute Jewels will be quite hard to breed and quite rare in the game.

An important aspect of the launch of Family Jewels is that compared to before, higher-gen cats will also be valuable. In the past, a lower-gen cat would completely dwarf a higher-gen cat with similar cattributes. Now, the older-gen cats can still breed and try to collect more Family Jewels in their offspring, thus keeping the game more interesting for the older-gen cat holders.

The breeding prices would also start to reflect these new Family Jewels. Cats with higher number and ‘quality’ of jewels will breed at a higher price, because if their offspring has the same cattributes, it becomes valuable too. Of course, this all depends on how much the players value Family Jewels compared to other features like Fancy Cats for example.

In any case, Family Jewels represents a step up in the CryptoKitties game, giving the players and breeders something more to play.

Axiom Zen, the creator of CryptoKitties, is well aware that it cannot rest on its laurels of being the first popular cryptocollectible and game on the Ethereum blockchain. Several competitors with more elaborate games from Etherbots to Aethia, are on its heels.

Feb 132018

Equi Crypto Venture Capital
Equi is an effort to bring the worlds of Crypto and Venture Capital together. We’ve seen several such efforts in the past, most notably Blockchain Capital that raised $10 million in its ICO. There have been several other companies like Science and Spice as well that have tried similar concepts. Then of course there are the much more well known native blockchain players i.e. ICONOMI and TaaS that do asset management and reward their token holders. The area of asset management/venture capital combined with crypto is an old one with many companies. So what is Equi doing different?

There are several things that stand out about Equi that differentiate it from the existing companies. For one, Equi is a full platform where you make investments with the EQUI token. This is different from the other projects where the token is used mostly as a means of distribution only. Then, the Equi project has different levels for holders and investors, thereby encouraging investments on its platforms.

We’ll cover the economics of this in a later section. Alignment of economic incentives and interests is of foremost importance in any crypto project. The team seems to have given that a lot of thought, and has come up with various ‘tiers’ of users of the EQUI token itself.

The EQUI Stakeholders

The Equi platform has three primary stakeholder groups:

  • Investor
  • Holder
  • Trader

Each one has a different motivation and a different benefit in using the platform.

The investors are the most committed users of the platform. This is because the investors actually use their EQUI token to make investments in the projects that are listed on the platform. It should be noted that as with any investments, there is a high risk involved and investors may lose capital. That being said, the investors class is also the one that stands to gain the most from successful investments that they make.

The holders are more akin to passive investors. They don’t vet individual projects and don’t want to do the research and take on the risk of doing this. Instead, they just hold their EQUI tokens in a passive manner. They can still have a long time horizon – they just don’t want to be in the trenches doing the due diligence and putting their money to work in risky projects.

The traders are usually the ones that provide liquidity to the underlying token. They don’t really care about the investments being done, and are not long-term holders either. They aim to buy the token at a lower price and sell at a higher price. As such, they are the least committed to seeing the platform succeed (it is not that they don’t want the platform to succeed, just that they don’t really care).

Benefits to Stakeholders

Each of the stakeholders described above has a different motivation. Now, let’s look at why they want to hold the EQUI token and why they care about the platform. First, let’s take a quick look at the design from the team’s website:

Equi Stakeholders

As you can see, Traders get the least benefit while Investors get the most. Holders are somewhere in-between. Let’s parse these out a bit:

  • Token Value Increase: This is the common component that keeps everyone on the platform. It is pretty self-explanatory – if the token value increases, you get more returns and benefits.
  • Project Investment: This is exclusively for the Investor class, who take the risk by investing in a given project that is listed on the Equi platform.
  • Direct and Indirect Project Return: Direct returns accrue to Investors and indirect returns to Holders. Direct returns refer to a specific investment that you make on the platform, which returns a profit. Indirect returns are obtained by Holders who don’t pick individual projects.
  • EQUICredit Rewards: This is a special reward that is given only to Investors, in order to encourage the use of the platform for real investment as opposed to speculation. This is created via a 5% inflation of the EQUI token supply every year. These rewards get converted directly into the native tokens.

You can see the exact distributions above. Note that the platform fee itself is 3% as management fee. This is about 50% higher than normal hedge funds that charge 2% management fee. However, you’re mostly going to pay for access to the deals.

If you’re interested to learn more, check out the Equi website. It is currently undergoing an ICO. If you decide to participate, we strongly encourage you to first read the whitepaper before making any decisions on ICO participation.

Photo Credit: Arch_Sam

Feb 132018

IPSX Crypto

IPSX is a new project that aims to become the marketplace for IP addresses. It is a crypto project with its native token called the IPSX. This token is used to make transactions and payments on the network. The IPSX platform itself is a marketplace where people who are looking to buy new IP addresses for access pay the people who have additional IP addresses to spare, in the IPSX token.

So let’s back track a little bit. Why would you want to buy an IP address? Don’t you already have one when you get online? Yes, although it is true that every internet connected device pretty much has an IP address, that IP address gives away a lot about you. Therefore, if you’re interested in preserving some privacy online, you may do worse than to browse through a rented IP address. This is one of the big reasons why people use services like a VPN for example.

Another reason is that there is a real market need for IP addresses in places that restrict the internet in some ways. Therefore, these IP proxies are used to create a more free internet access for all.

Astute readers may be thinking that this sounds a bit similar to the TOR network. That is true in some ways – TOR does provide you with the required anonymity while you’re browsing the internet by hiding your true IP and routing your internet traffic through various layers. However, the overall architecture of TOR isn’t perfect. The people who run the TOR nodes don’t get any economic benefit at all for doing so. This is a huge danger to the network because it means a lot of the end nodes are run by agencies interested in decoding that traffic flow.

With IPSX, it is a straight up marketplace. If you’ve never run a TOR node before, that’s likely because you never thought to do so – after all, you’re never going to get paid for it. With IPSX though, you have a stronger economic reason to rent out spare IP addresses to the network. This way, you can actually get paid to do so, while someone else benefits by browsing through a private connection or going to a website that may be blocked to them otherwise.

Existing services like VPNs are less of a competition and more of a customer for IPSX at least at this stage. If VPN providers integrate a service like IPSX into their service, it means their customers would be the ones who benefit the most. They can browse the internet safely through many different IP addresses, be it US or Australia or Switzerland. This power is ultimately left to the customer to decide, which is a powerful force. Also, the customers of VPN providers are already privacy conscious and would appreciate this additional service.

The duration of the rental itself can be arbitrary – it can be 1 minute or 1 year. Obviously, the payment will depend on the length of the rental that you want.

If you’re interested to learn more about IPSX, check out their website, which also has a way to download their whitepaper which has even more information.

Photo Credit: OpenMinder

Feb 122018

Aethia Ethergotchi

We interviewed the Aethia team about their new game, Aethia, built on the Ethereum blockchain. After the success of CryptoKitties, we were looking for other gaming efforts that can really be benefited by the blockchain. Aethia stood out in our mind in terms of details and depth of play. It is also not really a ‘battle’ game, like some other efforts (Ethermon and similar) but instead is an elaborate game world. If the team can pull it off, Aethia can be a great game for all types of players.

We also did a comprehensive, in-depth article on Aethia that you should check out, if you’re new to the game or want to learn some details and specifics. Check out the Aethia site here, which will start its alpha soon.

Here’s the interview by the team. The team consists of –

  • Ayuni – product manager, ex-developer, game freak, Pokémon lover. Responsible for the overall game.
  • Matías – developer, responsible for all game interaction
  • Fionn – marketing
  • Estelle – designer, head of the art department
  • Joseph – cryptocurrency expert, insights into blockchain games

BTC Geek: Tell us a bit about how the idea behind Aethia came to be.
Aethia (Ayuni): I’ve had the idea brewing in my head for more than two decades now, really. I think I was an eight-year-old when I got my first Tamagotchi. I loved that thing. I didn’t understand any of it, but I knew my ‘gotchi was mine and mine alone. I fed it, I cleaned up after it, I took care of it. I raised that Tamagotchi, and I loved that Tamagotchi. That experience, which was not just the game, but the game coupled with my age, I suppose, is something nothing else has made me experience.

And then, a few years later, maybe two or three, my parents got me Pokémon Red. That was amazing! That game I understood even less. We had just started with English in elementary school, and I could hardly understand any of it in the game, so I suppose Pokémon was one of my English teachers as well (and a crappy one at that).

I suppose that’s what really drives my core ideas on Aethia. Of course, there’s the stuff we learned during actual game development courses, but the core idea behind Aethia is powered by those two different themes. Oh, and of course World of Warcraft, how could I forget. The feeling of doing raids together with everyone on comms, and the whole guild vibe, that was amazing. Community bonds is something I think Blizzard did really well with WoW, and is something that will be core to Aethia as well.”

BTC Geek: Can you describe what Aethia is, in short?
Aethia (Ayuni, Matías): Well, the thing is, there are two Aethia’s, Aethia, or however we decide to pluralize it. You have Aethia, the world upon which everything is happening, with its many continents, its rich history, the different civilizations as well as their interaction with the plethora of Ethergotchi, and then you have Aethia the game. In hindsight, we should’ve called the planet something else, I guess.

If we’re talking about game mechanics, we can say that Aethia is Spore-like in the sense that different stages of the game have different interactions. It starts with pet-raising mechanics, like Tamagotchi, and as you progress in the game you start being able to interact with the world more in the form of Pokémon and something like the Sims. Let’s say that Aethia is a pet breeding game where pets, the Ethergotchi, have an RPG and simulation game aspect as well.

BTC Geek: It seems one of the big differences between Aethia and a game like Cryptokitties is that you make decisions that affect how the Ethergotchi evolves. Why is this important?
Aethia (Estelle, Ayuni): How about common sense? Of course any sort of interaction with a creature changes its perception of the world. My cat didn’t miraculously end up as awesome as it is now, you know. When you receive your Ethergotchi egg, you will most likely be there for the entirety of its first life. Maybe even longer if you properly care for it. All actions imprint upon the Ethergotchi and affect it in some way. This allows for a myriad of ways to play the game, which, to me, makes it extreme fun and gives it a ‘replayable’ factor. Also, I would refrain from saying evolves, as that’s a rather special word in Pokémon. The better word would be ‘grows’. Ethergotchi can also ‘evolve’ in a manner of speaking, but that’s more of a transition from one stage of life to another, as they have three stages of life: egg, child, and adult.

BTC Geek: Can you explain star alignment and how new star alignments get released over time?
Aethia (Estelle): You bet your ass I can, Fionn, you know that! Star alignments are my jam! They’re heavily influenced by hexagrams from the I Ching, as well as astrological signs, and magic circles from various sources. The I Ching book consists of sixty-four hexagrams. Compared to those sixtyfour hexagrams, we only have a meagre fifteen different star alignments in Aethia. A star alignment is set at the time of egg creation, and here I mean when the horizontal tango has been done, and the fastest swimmer has won, you know?

Anyway, the star alignment of an egg depends on the alignments of its parents, as well as the time it was conceived. The eggs we distribute for the alpha stage are from specific parents and have been ‘created’, hehe, in a specific time range. For this reason, there are only five possible outcomes for the referral eggs. The alpha egg is set to an awesome star alignment as a thank-you to the initial player base. Star alignments affect the growth rate of various Ethergotchi base attributes. So depending on a ‘gotchi’s alignment, it would be more or less inclined to follow a certain play style or career path.

Ayuni adds, “Yes, and regarding the release of the other star alignments, players will have to find out by letting their Ethergotchi interact with each other, and ‘creating’, as Estelle so nicely put it, new eggs.”

BTC Geek: How does the Aethia team make money if it is free to play?
Aethia (Joseph, Ayuni): Like all other greats we will be living off of the in-game shop and micro transactions, baby! Also, there will be items available for purchase using the CHI token, which itself is a purchasable item.

BTC Geek: Can you explain the reincarnation system in more detail? Do the players choose when they are reborn?
Aethia (Estelle, Matías): The reincarnation system is actually pretty simple. Ethergotchi have a lifecycle that consists of three stages: egg, child and adult. At the end of its adulthood, an Ethergotchi contemplates the life it has led up until that point. If it concludes ‘Yo, my life was freaking awesome’, it will turn into an egg again but retain some of its attributes, and all of its growth rate. Think of mythological phoenixes, and how they are reborn, but without the whole fire-and-ash thing. Oh and if its life was kind of crappy, because it didn’t get properly fed and cared for, had no toys, didn’t play, bla bla, stuff like that, it will just die.

Ethergotchi can die during their child stage as well as their adult stage from being malnourished for too long, or from loneliness because its owner didn’t spend any time with it. Luckily, the in-game shop has ‘Ethergotchi Crystal Cores’ in stock. A single core can be used to revive an Ethergotchi, if used within a week after its death, or well, within six-hundred-and-four-thousand-eight-hundred seconds, which is equivalent to a week. We understand that some people might not be able to access their ‘gotchi for a while, like going on a holiday. More than a week is too long, though, so then you’ve really lost your ‘gotchi. Or well, with lost, I don’t actually mean lost, the token will of course still be assigned to you, but you will not be able to interact with it any more. Its function within Aethia would cease.

BTC Geek: What parts of the game are on the Ethereum blockchain, and what parts are going to be run centrally?
Aethia (Matías): Alright, that’s actually a difficult question. This has been a bone of contention within the crypto community for a while, ‘How much do you decentralise?’, and has no clear answer. For us, however, we are building and designing everything as we go along, giving us extreme flexibility in rolling out the game architecture. We built it in such a way that we can easily replace various game components for up- or downgrades. For internal play-testing we always build everything blockchain first. The more we can run on the blockchain, the better for us, and the ecosystem. However, this is only the case if it does not detract from the game experience. If we doubt the scalability of the network at some point, we will be forced to centralise parts of the architecture, and send aggregate data to the
blockchain, until such a time the Ethereum network is ready to handle it. That being said, alpha stage one will be fully played out on the blockchain. I’m pretty sure the network will be able to handle it fine.

BTC Geek: Is there a limit on how many Ethergotchis exist in the Aethia world? How are new Ethergotchis created?
Aethia (Ayuni, Matías): There is a technical limit, which is the maximum amount capable of being stored inside of an two-hundred-and-fifty-six bit unsigned integer. This is in the one-hundred-quattuorvigintillion range, and I know that word for reasons, but to put in layman’s terms, it’s big and we won’t reach it. And about the latter question, that’s like how Estelle put it, done by two Ethergotchi performing the horizontal tango. Ethergotchi are genderless, and the act is always initiated via a mating dance by one Ethergotchi. If the partner Ethergotchi accepts, the mating ritual is performed, and an egg is created from that.

So what happens under-the-hood is that the owner of an adult Ethergotchi first buys the ‘Ethergotchi Mating Potion’ item. Using this item will allow the Ethergotchi to mate. Each Ethergotchi can only mate once during its adulthood. After using this potion, the owner requests a mating ritual by calling the Aethia mating contract with the identifier of the Ethergotchi it would like to mate with. This can be coupled with a payment in any amount of ether. The other Ethergotchi owner will be notified of this request, and may choose to accept or not. If the other person accepts, both Ethergotchi will be unavailable for a few days, while they perform the mating ritual. After this period, the owner that initiated the request will receive the resulting Ethergotchi egg. The breed and type of egg depend on its parents. The other Ethergotchi owner will receive the amount of ether that the requester put forward during the request. The requester can cancel the request if the other owner has not accepted yet. The owner can then hatch the egg via the normal game system again, or sell it.

BTC Geek: How does CHI as a currency work? Is it an ERC20 token? Is it limited in supply?
Aethia (Matías): CHI will be a nonmineable, non-mintable ERC-20 token. In Aethia, everything costs CHI. You want food? Then you buy it with CHI. If you want toys for your ‘gotchi, you buy it with CHI. That being said all egg owners can receive a monthly allowance of CHI by requesting it from the Aethian Crystal Bank, this allowance is what keeps the game free-to-play. The amount of CHI you receive depends on the types of eggs you own. If you want specialized food, potions, or items, you will have to buy more CHI. Adult Ethergotchi are able to work for CHI, this however does lower their satiation and happiness bar, as well as making them unavailable for other interaction whilst they’re working.

BTC Geek: What are the factors that affect what an Ethergotchi becomes in the Aethia world?
Aethia (Ayuni): Ethergotchi are a bit like us humans in the sense that they’re more inclined towards certain aspects of life. I don’t have the super gene that apparently all top athletes have, for example. Ethergotchi are born with a certain distribution of attributes, as well a growth rate for those attributes; this depends on its parents as well as its star alignment. This doesn’t mean that Ethergotchi will perform certain tasks better, per se, but it does mean that they would progress easier if they followed a different career path. Don’t let this stop you from achieving your ‘gotchi’s dreams, though.

BTC Geek: How do different Ethergotchis interact with each other in the Aethia world? Or are they just separate beings without any interaction?
Aethia (Ayuni): This is actually really interesting. As players might have deduced, the egg stage of a ‘gotchi’s lifecycle is a rather one-on-one affair. It’s up to the owner to guide the egg towards its child phase. Even then children are mostly sheltered, but they could be sent to a daycare or school to interact with different ‘gotchi. Some owners don’t have the time to look after their ‘gotchi continuously. These experiences are things an Ethergotchi remembers over its lifetime. Afterwards, during a ‘gotchi’s adulthood, there will be many ways of interacting with other ‘gotchi. Let’s keep the mystery of that alive for now.

Matías adds “Just to cut in a bit, and give a bit of insight into the technical aspect of things, all types of interactions occur in their own contract, which makes it an incredibly flexible system to build, deploy and maintain. New patches could introduce entire new faculties to school, a gym to perform sports in, a battle arena, a chapel, etc.”

BTC Geek: What are the differences between the various types of eggs, such as common, rare, mythic, legendary, etc.?
Aethia (Estelle, Ayoni, Matías, Joseph): That’s an easy one! The higher grade your egg is, the more awesome it is and the more amazing it looks and the higher its initial attribute points and growth rate is. Anyway, there’s also a limited amount of legendary Ethergotchi. Specifically ten. Additionally, it’s impossible to get a legendary ‘gotchi egg from a mating ritual, it will be mythic at the highest. Oh, we might also want to add that, of those ten legendaries, one will be sold on a first-come-first-serve basis at some point during the alpha. It’s to satisfy that one dude or dudette that wants to start off with a legendary ‘gotchi, and keep us fed for a while at the same time.

BTC Geek: Did the success of Cryptokitties take you by surprise?
Aethia (Ayuni): Yes, and I think the success of games in general was a surprise. I still think it’s somewhat strange for interactions to be so costly. Looking at the network now, though, it appears it has stabilised and is ready to try a more interactive game.

BTC Geek: After the success of Crytpkitties, it seems that are many new cryptocollectible games being built. What are your thoughts on those, and how does Aethia distinguish itself from these?
Aethia (Ayuni): We’re not positioning ourselves as a so-called ‘cryptocollectible’. It’s not that I find it demeaning, but I don’t remember anyone calling Pokémon a collectible game, nor was Tamagotchi a collectible game. Aethia is a simulation and role-playing game on the blockchain! We believe players will get attached to their ‘gotchi, and raise them correctly over their lifetime, instead of seeing the Ethergotchi as simple collectibles.

Feb 112018

Aethia Omega Egg
Aethia, a simulation world of Tamagotchi meets Pokemon on the Ethereum blockchain (called Ethergotchi) is launching its third egg type, called Omega Egg. An Ethergotchi gets hatched from an egg that would be ready to enter the World of Aethia. The Omega Egg has a random star alignment. Star alignment, somewhat similar to a star sign, affects the growth rate of base attributes. An Ethergotchi has 5 base attributes.

The Aethia game will have a total of 15 possible star alignments. Unlike the Alpha Egg, which has a unique Star Alignment, the Omega Egg will have a random star alignment.

To learn more about the Aethia game, read our in-depth coverage.

After the overwhelming success of CryptoKitties, there are several new projects looking to create a more immersive game with more complex features and role-playing. Although there is precedence in the gaming world around highly complex game worlds, they are fairly new on the blockchain. Aethia is one of those games, which is launching an alpha soon. The team has an elaborate design in place for the game world. Aethia is built using Ethereum blockchain.

The advantage of the blockchain is that players truly are in control of the game assets that they purchase, and not the game developer or publisher. This prevents the game developers from abusing their power of making changes against the community wishes. If they do, the players can fork into an alternative version while still retaining their in-game items they purchased.

The Omega Egg will be available for purchase on the Aethia website starting Feb 12, 2018, 12:00:00 UTC. The price for the Omega Egg will be 0.09 ETH. A free toy is included with the purchase. In-game items like toys are used in the Aethia world to improve the attributes of an Ethergotchi, and can be purchased from in-game stores with CHI. CHI is the native currency of the Aethia World, and will be given for free to Ethergotchi inside the game world per month, so the game is free for players to play.

The Omega Egg marks the third egg type that has been released by the Aethia team. The other two are a Referral Egg and an Alpha Egg. The Alpha Egg has been sold out, but players can still get a Referral Egg by inviting at least 3 of their friends to the game, who sign up. If you plan to join Aethia, you can use my referral link.

The Aethia team has big plans for the game, and its design provides for a flexible structure that enables easy expansion of many features. This should keep the fans hooked for longer periods of time.