Hawaii has become the go-to vacation destination for many across the United States. The Hawaiian people have a long history of being very accommodating to visitors of their great islands. The term “Aloha” in Hawaiian means many different things including hello, affection, and peace. On a recent trip to the Island of Oahu I experienced aloha firsthand in all my interactions with locals. Even though their Island has been vastly over developed and many locals have been pushed out of the prime centers, they still have that aloha spirit. Traditionally, surfing is a sport that is very territorial but I was treated with respect during all of our surfing sessions. The Island of Oahu is probably one of the best known surfing destinations in the entire world. During the summer the world famous Waikiki Beach turns on and thousands of surfers from all over the world converge.
Traditionally known as the birthplace of long boarding, Waikiki Beach caters to beginner to intermediate level surfers. On the North side of the island you have the legendary North Shore which is home to some of the most famous surf breaks in the world. Amongst surf enthusiasts, Pipeline is considered the best wave in the world that breaks both left and right on a very shallow reef break. The left is usually referred to as Pipeline and the left is traditionally called “Backdoor.” Every year the pro surfing circuit stops in Hawaii to close out the season with one final session which will decide who the best surfer in the world is. Another very famous wave on the North Shore of Hawaii is called Waimea Bay. This legendary big wave spot has been the home to hundreds of surf contests and even more legendary surf stories.
Every winter aspiring big wave surfers from around the planet will converge on Hawaii’s North Shore to try their luck at the most famous stretch of waves in the world. The local surfers have tried their best to regulate the surf breaks but in the end have failed to stem the tide of traveling surfers. Waikiki beach has suffered the same fate with millions of tourists visiting and surfing the longboard mecca over the years. While searching for cool surf videos on YouTube I stumbled into this amazing drone video filmed on Oahu and Molokai.
This video was filmed and produced by a Portland Oregon based company called Morrisey Video Production. Considered one of the top Portland Video Production Companies, Morrisey is known for high-quality drone productions. This video was filmed using a state of the art new drone called the DJI Inspire X5R this video features some of the greatest drone footage I have ever seemed captured the Hawaiian Islands. The footage is so crystal clear and sharp it almost feels like your actually there in the moment. The video starts out on the famous Waikiki Beach with local surfer Michele Judy paddling out to Queens surf spot. Then, seamlessly switching to aerial view the drone follows three different longboard surfers as the cruise around the wave. From there, the video continues to follow Michele Judy and a few of her closest friends through some of the most tropical locations around the Hawaiian Islands including a beautiful secluded location on Molokai. Oh, and lets not forget about the eye handed for all of you red blooded males out there.
The Morrisey Productions crew has been known for creating mind-blowing visual masterpieces, but this Hawaii drone video has to be their best video to date. If you want to experience the visual beauty of the Hawaiian Islands as seen from a birds eye view then check out this amazing video from Morrisey Video Production.
Welcome To Take The Helm NYC
Who doesn’t love New York City? This is America’s city and I love living here. No other place in the world offers so much possibility and opportunity and that’s why I live here. Aside from maybe London this is the financial capital of the planet. The lower east side of Manhattan is where I grew up and the place I call home. I have traveled the world and it seems that no other place has the same things to offer. The food, the culture, the people, and especially the night life. This concrete jungle is teaming with life at all hours of the day and well into the night. If you read the news reports or listen to the talking heads on TV you would get the impression that New York isn’t very friendly to tourists and outsiders. From my experience I just don’t think the stereotype holds water. I strongly recommend if your looking for excitement then look no further then NY. This website is all about helping startup companies move to Manhattan and build successful companies. In my opinion, there is no better place in the world to start a business. We have some of the biggest fortune 500 companies on earth residing in NYC and the amount of talented individuals carving our their share of the American dream is unmatched around the world. The biggest problem there is with startup companies moving here is the cost of living. Apartments in New York per square foot are some of the most expensive on earth for very tiny spaces. The reason for this is the city is so packed with people that it’s hard to find a place to live. In conclusion, if you can afford the cost of living and the cost to do business then I highly recommend moving the East Coast. If your budget is tight I would recommend starting your technology company on the West Coast in Portland Oregon or Seattle Washington. Take the Helm NYC will feature the best blogs about technology, business startups, websites, seo, and marketing.
Oregon Web Solutions – Portland SEO Company
Is your competition ranking above you in the Google search rankings? This is a common problem a lot of companies face. The worst part is you can have superior content, better social media strategy, and a better business model and still be getting outranked. The reason for this is Google’s search algorithm uses the equivilant of a math equation to rank websites based on a number of factors. These factors include the amount of unique content, inbound links, outbound links, social media, anchor text, domain age, website age, bounce rates, traffic counts, and other factors to decide where your website ranks. A good SEO company must know the algorithm and position your companies site with as many of those positive factors as possible, but before this you must identify your customer and do keyword research to find out what your customers are searching. All these factors combining together will mean good rankings for the most important keywords that will convert to sales and new customers. If you think about it, what’s the point of rankings for terms that don’t convert into profit? I have worked with Oregon Web Solutions – Portland SEO Company for years and have learned the importance of a well balanced strategy to ranking a website. I lived on the West Coast for about 10 years and then eventually moved back to New York City. My time there working with tech companies in Portland really gave me an inside to how to market your business online. There are many factors that go into ranking webpages that the average business owner just isn’t going to think about. You may be asking, what is the average business owner to do? The only two options for you to compete and outrank your competition is to go back to college and get a technology degree or hire a really good SEO Company.
One of the most popular areas of study at Universities in the United States is technology and computer science. You can search for colleges that offer a degree in computers by visiting Department of Education website College Scorecard. There you can just plug in your specific area and field of study to get a list of colleges that offer degrees in that field. You will notice that the next wave of college graduates will be even more educated in technology and computers then the current generation. If your not constantly studying the word wide web and the changes that take place everyday your going to be left behind. The current generation was born into a technological worlds and was using cell phones and iPads before they could walk. It’s hard for us exactly predict how technology may affect the future but it’s safe the say it’s only going to become a more important and commonplace in our everyday lives.
The small business owners of today need to realize that things like Yellow Book Ads and print ads in general are going to become less relevant in the future. The iPhone is essentially a device the size of a deck of cards that can access more information instantly then the biggest library’s in the world can hold. This means that if you don’t get with the times and adapt your companies advertising and marketing now your going to be left behind. That’s why I highly recommend hiring the best search engine optimization services you can afford. As I have mentioned earlier I grew up in the lower east side of Manhattan, but eventually moved to Oregon to work for a large tech company. I have now moved back to NYC to build my business and raise a family. While I was there I worked with Oregon Web Solutions on many product launches and Amazon listing and they really know how to get Google rankings. They made this white board animation video that explains what a competent SEO can do for your website.
That video is important because it breaks down the process in a company would go through to rank your webpage. Did that seem complicated to you? If it did then it’s probably best that you hire a search engine marketing company in your local area. If you understood most of that you might be technologically sophisticated enough to do your own optimization. The process is not hard but it can seem very complex and technical to people who are not very comfortable with the internet. It’s like any profession, once you learn something and do everyday you become very good at it. A company that specializes in web design is going to become very proficient and building webpages and will most likely be able to build one very quickly. If the average restaurant owner were to try to build there own webpage it would take them days and in the end it probably wouldn’t turn out there great anyways. That’s why I always reccomend outsourcing as much things as you can to skilled professionals and focusing on the things you specific niche or profession. Take the Helm NYC is here to convince startup and technology companies to move to the East Coast. In the past technology firms have seen the West Coast as the place to be but our goal is to convince you that the most resources for your company can be found in New York City. As I mentioned earlier I have used Oregon Web Solutions for my Portland SEO Services but they are not the only company out there. If you search for Portland companies you will find Portland SEO Pros, Mad Fish Digital, Greg Beddor, Jeff Peterson, and many more. The key here is to do your research and check out the websites first before you sign up. The dangerous part about these type of services is if someone does it wrong it can actually really hurt your website. Links that are built around the internet have a lasting effect and never really go away unless the site is deleted and taken down. Sure, an experience internet expert knows how to 301 redirect bad links to the new links, but the average person is not going to know how to use the Moz toolbar and do this. That means there site will be penalized by Google for having the bad link out there. There are some situations though where there are so many bad links that it can actually be impossible to bring a site back. In most cases there is a maximum number of links that can be redirected and fixed and if that threshold is surpassed then a spammed website might be permanently damaged. The link fixing software is very expensive and only a big company would have access to it so as a small business you really have no other options. I hope that helped you understand search engine marketing better and the technical nature of this work. In a lot of ways the average business owner would be served by outsourcing this aspect of their company to professionals and focusing on what they do best. If your budget doesn’t allow this then your next best option would be to go to YouTube and start watching videos until you learn enough to do the basics by yourself. I hope that helps and if you interested in bringing your startup or company to the New York City then hopefully this website will give you the tools you need. For more information, you can contact them at:
Oregon Web Solutions | Portland SEO
1717 NE 42nd Ave #3800
Portland, OR 97213
A Second Six Minutes To Success Review!
Six Minutes To Success Review
Now there are a lot of people who attempt to teach the law, but very few even have a clue what they are talking about. They dress nice and can sell ice to an eskimo, but do they really know what they are talking about? Bob has proven results through his thousands of students. Not only does this show he knows what he is talking about, but also that he is a great teacher.
What is the law of attraction? It was really made popular recently by the movie “The Secret” and became a household phrase. The law has been around since the beginning of time. It has been taught in the Bible and is in some of the greatest business books of all time. I would have to write another book here to completely explain it all, but for a summary, the law is a universal truth on what it takes to attract what you want into your life. Now people argue this law all the time, but it has been proven in so many ways and in so many instances. Jesus taught of the law if you read closely. The nay sayers are non believers who don’t understand and never will until they get out of the vibration they are in. The real law of attraction is more about vibration. The vibration you are in based on certain factors determine what you attract into your life. this is the true law. There are many factors that determine your vibration. Some of these are thoughts, what you focus on, feelings, and belief or passion. When these align, your body goes into vibration. It is a scientific fact that everything is energy and everything is what it is based on it’s level of vibration. If everything is vibration, and similar vibrations attract each other, then wouldn’t it make sense that you would want to get in the vibration of what you want?
Let me put it in an example to understand better. We have all gotten around someone that you just immediately felt like you needed to get away from. They didn’t have to say or do anything, it was simply a deep feeling. They were in a different vibration then you (typically a negative one). Positive vibrations tend to attract not repel. Attracting anything else or repelling anything else in life is no different whether you believe it or not. Relationships are very much an example. I’m sure you can think of a time where someone was attracted to you and another time where nothing physically had changed or maybe even said or done, but they all of a sudden didn’t feel the same. Now, we can argue that something may have happened on their end that caused that and so on, but there are times where virtually nothing changes except your vibration and if it doesn’t match theirs then there won’t be a connection anymore.
Hopefully you are beginning to grasp the idea. I am not a coach like Bob, which is why I would much rather point you to him and have him explain the specifics and how to apply it in your life. He does this quite well in his new program Six Minutes To Success. I have a short review that we added above that talks about this program that I found on youtube and may help a little. I also want to include the review site where you can find out more and get started with a free offer they are currently promoting. I have personally gone through this program and it is now better then ever. They even offer more then when I was involved before. Here is where you can get started: http://www.sixminutestosuccess.net.
I really hope this helps you get started down the right path. Be sure to comment and let us know how the program worked for you.
Law Of Attraction Coaching- Bob Proctor’s Six Minutes To Success
Do You Have Six Minutes To Success?
Bob Proctor says that we all have six minutes a day to create magic in our minds. What does this mean you may be asking yourself? Essentially, the minds of most people living in todays society are not working at their full potential. The power inside every human being is so much greater than we have ever been told. In fact, since birth we have been trained and programmed to believe we have no power. We have been programmed to believe that were ugly, dis-formed, and irrelevant in the big scheme of things. That’s why when someone comes around and says, you do have magic in your mind, a lot of people find it hard to believe. When you think deeply about it, what could be great then a human being? If you deeply contemplate the human design you will realize that we are perfect in everyday.
Canines and other animals were built without thumbs. Have you ever stopped to consider what the human experience would be like if we didn’t have a thumb? Something so simple, so basic, that we take for granted all day everyday, but if we didn’t have it, we would have never created the society we have. Every single detail of the human body has been thought out to make it the most efficient creation on the planet. Look at the society humans have built? When you compare us to other species we are one of the few lifeforms that can use tools and other items to create complex societies. We were also blessed with a brain that allows us to think and reason. A brain that allows us to create inventions that can travel to the moon and back and time the landing down to a fraction of a second.
Staring out at the amazing vastness of the universe one cannot help but conclude that this universe was indeed created. Science shows us that the universe and world around us are governed by a strict set of laws and criteria. These laws transfer over into everything we do and that’s where the Law of Attraction comes in. Bob Proctor is one of the worlds biggest teachers of the law of vibration and attraction. These laws govern more than just self improvement, these laws govern all things on the planet, all the time. Bob figured this out at a young age and began applying these principles into his daily life with amazing results. After learning and succeeding with these natural laws Bob began teaching others. Over the years he has helped thousands of people build and create the lives they have always wanted.
The way the Law of Attraction works is simple, whatever thought is brought into the mind, whether feared or revered, will begin to manifest itself in the most convenient ways possible. So if there is something that you don’t want to happen in your life and you keep thinking about it, it will probably happen. I know this sounds the opposite of what you would think but stick with me here. The subconscious mind cannot differentiate between good or bad thoughts. It simply takes the impression that its given and stores them in a data base. The impression with the most power, the most repetition, and the most feeling behind it will become the dominate force in your life. That’s why fear is such a great controller of people, because if your constantly making someone afraid, he will manifest that negative energy in other aspects of his life. In order to free yourself from these chains of bondage, we need to begin to use this simple truth to our advantage. If it’s true that all thoughts, whether good or bad, are slowly programing the subconscious mind, then we must change our thoughts to ones that serve us.
This is not a “quick fix” process, but a slow reprogramming that can be done over years and years. Think of it this way, how long has it taken to reprogram you mind to reach the point you are at today? If your 20 years old then the answer is 20 years. So to change your bad programming to a form that actually serves you and makes you successful will take a long time. Don’t worry thought it will not take 20 years to see results. If you stick with the program you can change your thought patterns in six months or less with hard work. The way to do this is through affirmations and adding the secret sauce. The secret sauce is adding emotion and feeling to these affirmations. The reason this works is because thoughts that have emotion and feeling behind them are more powerful then those that have no emotion.
So go ahead, get excited and begin change your mind today. If you begin saying affirmations like “I am successful” over and over again your mind will begin to believe it. Don’t forget to put that emotion and feeling behind the words and you will improve your results dramatically.
I wanted to share a great review on Bob Proctors course: Law of attraction coaching – six minutes to success review.
They also have some really great videos on the law of attraction, Bob and his other works, as well as some other great information and products. You can watch those videos on their Law of attraction coaching youtube channel.
Starting A New Internet Business Online
Online Business Start-Ups
I just wanted to give a quick rundown on new businesses who are wanting to start online. We will give a few quick pointers that you should take into consideration to start on the right foot.
- Build your site on WordPress! Drag and drops or Weebly sites are really nice and easy for a beginner, but they have soooo many downfalls that I would never take one seriously. Your SEO is limited, which should be enough right there. Getting a Weebly site ranked on page one is possibly, but highly unlikely for any tough keywords. Also, you don’t have control over the site! Weebly owns it if you host on them, not you. If you ever want to transfer away from the site, it is a huge pain in the ass. Avoid for long term businesses.
- DO NOT, use linking services to rank your website! These are typically inexpensive people who say they can help you rank by sending links to your site. This used to work 5-10 years ago, but now this is considered spam and can get your website deindexed for life. This means no one will ever find you. Just don’t do it unless you are a trained professional SEO who makes or charges at least $1,600.00 a month.
- Build a “social fortress”. There are hundreds of social websites on the internet. After you set up your website, get on as many of these sites as you can. The most important being Facebook, Youtube, Twitter, Pinterest, LinkedIn, and Google plus.
Break any one of these rules and you will be hurting for a long time. If you are serious, treat your business seriously and invest where money is best used. Get a quality theme for your website, make sure it is mobile friendly and don’t fear paying someone good money to do what you don’t know. Being cheap will get you screwed online. Google rewards people who put time, money and effort into their websites.
2019 technology – What Does It All Hold For Us?
What Does 2019 technology hold in store for us?
Prepare for the very first complete synthetic human mind, moon mining, and also a lot more. Maybe robot moon bases, chips dental implanted in our minds, self-driving vehicles and also high-speed rail linking London to Beijing. According to an amazing number of technology forecasts that select the year 2020, it’s mosting likely to be to be one hell of a year. Here, we have a look at several of the marvels it has in shop.
2020, naturally, is just a convenient target date for roughly-10-years-off predictions. “It’s not any even more particularly interesting, in my opinion, compared to 2019 or 2021,” claims Mike Liebhold, a Distinguished Other at the Institute for the Future, and also a well-rounded modern technology expert with a return to that includes stints with Intel, Apple, or even Netscape.
Liebhold now aids customers take a long view of their services so they can make far better choices in the short-term. He as well as his associates at the Institute for the Future don’t aid customers read tea fallen leaves however they do assist them review just what he calls the signals– those things you could see on the planet today that allow you to earn affordable forecasts regarding just what the future holds.
In various other words, the year 2020 (and also 2019, and 2021) is Liebhold’s organisation. With Liebhold riding shotgun, we took a quick spin with 2020 to see what the future could hold.
Japan will certainly construct a robot moon base
There’s no technological reason Japan should not be able to progress with its ambitious plan to build a robot lunar station by 2020– built by robotics, for robots. As a matter of fact, there’s really no country much better for the job in terms of technical expertise.
The Institute for the Future’s Mike Liebhold claims, “There are exclusive launch lorries that are possibly efficient in doing that, and also I believe the robotics by that point are mosting likely to be fairly robust.”
PopSci Anticipates: Technically feasible, but business economics will certainly be the choosing element.
China will certainly link Beijing to London by means of high-speed rail
China’s strategy: Link the East and also West with a high-speed rail line. Not connecting the Eastern with the Western components of China– they’re talking about connecting the Eastern globe with the Western globe.
The best ways to take care of the unpreventable headaches of a 17-country train? Offer to pick up the tab. China would pay for and also develop the facilities for the rights to natural deposits such as minerals, wood and oil from the nations that would certainly gain from being connected in to the trans-Asian/European passage.
Autos will own themselves
It’s long been an imagine, well, almost every person, from Google and DARPA to automakers themselves: utter safety and security and also ease of transportation many thanks to self-driving automobiles. There’s activity being made, but the initial difficulty to clear is a huge one: Getting all these heterogenous automobiles to talk with one another. We do not yet have the cordless facilities, worldwide talking, to connect all our cars and trucks with all our traffic technology.
Biofuels will certainly be cost-competitive with nonrenewable fuel sources
The U.S. military has actually pledged to obtain half its power from renewable energies by 2020, and also the Navy whole-heartedly believes it could rely on 50 percent biofuels already. It makes political sense not to depend on unstable areas for power, and this press can mean both cleaner car fleets and a significant bump in the competitiveness of biofuels in the marketplace.
The ‘flying cars and truck’ will be air-borne
The rejuvenation of the flying car? Liebhold, of the Institute for the Future, fires this one down. It’s an issue in every way– logistically we can not do it, cost-wise we can’t do it, and also highly it’s very not likely.
We’ll regulate tools through silicon chips dental implanted in our minds
The human brain stays biology’s fantastic, unconquered wild, and while the concept of harmonizing the raw power of the human mind with digital stimulation and responsiveness has actually long existed in both sci-fi and– to some degree– in truth, we likely will not be regulating our tools with an assumed in 2019 as Intel has anticipated. While it’s presently feasible to implant a chip in the mind and even obtain one to react to or boost gross neural task, we merely don’t recognize the brain’s subtlety well enough to produce the type of interface that would allow you transport browse by just considering it.
” Neural interactions are both chemical and electrical,” Liebhold says. “As well as we have no concept about how that functions, especially in the semiotics of neural communication. Yeah, someone might be able to put electronics inside someone’s cranium, however I directly think it’s just going to be nominally helpful for really, really narrow restorative applications.”
All new displays will be ultra-thin OLEDs
Show tech relocations incredibly fast. There will absolutely still be some “antique” LCD keep track of screens spending time in 2020, but regarding new supply is worried, it’s simple to see the entire industry changing to paper-thin OLED surfaces, lots of with touch capacity.
” So surfaces will certainly come to be computational,” Liebhold says. “walls, mirrors, windows. I assume that’s legit.”
A two-parter: business trips to the moon (which is becoming a bustling area market as you read this) as well as mining extraterrestrial bodies. That tail end appears less most likely– we haven’t yet found out just what long-term room traveling would do to the body, as well as robot goals are most likely numerous years off.
PopSci Forecasts: Commercial room traveling is the actual offer, yet beyond orbital trips things end up being greatly harder. The moon, asteroids and also mining goals are unlikely targets within the 2020 time frame.
A $1,000 computer will have the processing power of the human brain
Cisco’s chief futurist made this forecast a few years back, as well as it seems reasonable somehow. Not knowledge, actually, yet simply the “capability, the variety of cycles,” as Liebhold puts it, is on track offered Moore’s Legislation.
This’s under intense advancement, both in practical kinds like Google Translate as well as crazier ones from DARPA. Translation will probably happen in the cloud, talking to enormous bodies of language knowledge assembled by firms and federal governments.
We’ll lastly see some respectable AR glasses
Augmented truth is extremely noticeable on smartphone apps, but we desire more– we desire abundant, customizable, pertinent as well as very easy to access AR overlaid straight into whatever we occur to be looking at. That relies on the glasses and GENERAL PRACTITIONERS, which need to be accurate sufficient to keep up with the real life by 2020, yet additionally on the spatial internet, with geolocation data.
We’ll develop an artificial mind that operates like the genuine offer
Once we have a computer with the processing power of a mind, can we build a brain from square one? Researchers at Switzerland’s Blue Brain Task think so. However there’s a disagreement that as we build a mind, we’ll learn more and much more concerning it, raising the rate of problem as we proceed.
Initial Coin Offerings (ICO’s) and Cryptocurrency For 2018
Initial Coin Offerings (ICO’s) and Cryptocurrency
Initial Coin Offerings Make Headway
In the digital world, Initial Coin Offerings (ICOs) surfaced as a creative method of subsidizing start-up enterprises through the issuance of electronic tokens that online traders can either buy or sell. Cryptocurrencies like Bitcoin and Ethereum inspired such tokens. Enterprising entrepreneurs use the networks of these currencies to launch the ICOs. Merchants sell virtual coins and use them to finance development of start-ups.
All of a sudden, the popularity of said offerings flourished at the beginning of 2017 with more than $2 billion collected since the first quarter. ICOs surpassed venture capital as a primary funding source and attracted businesses looking at Blockchain technology applications. The emergence of Initial Coin Offerings as potential sources of venture financing also captured the attention of various Securities and Exchange Commission’s which regulate sales of digital coins.
The United States SEC declared virtual tokens as securities subject to federal legislation arising from the Decentralized Autonomous Organization (DAO) debacle in 2016. A corporation from Germany allegedly supported the DAO which put up $150 million worth of offering last year. The organization convinced some people to purchase tokens supposedly for a computerized investment scheme giving token owners the right to claim rewards or dividends.
Stringent regulatory initiatives imply that investors and ventures must carry on very carefully when it comes to engaging in cryptocurrency activities. Regulators say the move safeguards unknowing consumers from possible exploitation although the rigid rules hamper innovation. In fact, advocates of Blockchain and Bitcoin insist the government has no right to tax income if it does not know the type of income referring to all cryptocurrencies.
John McAfee, founder of leading Internet security and software provider, McAfee Incorporated argued that there is no way to originate any law that will stop virtual currencies because of technical restrictions.
Blockchain Technology and Crypto Activities
People have grown wiser regarding the use of cryptocurrencies following the Bitcoin’s pricing peaks this year. More and more companies joined the Blockchain bandwagon due to its potential of altering outcomes in different industries. Nonetheless, the platform along with cryptocurrencies remain in the background and yet to come out in the open. Consumers and businesses cannot at this point use the technology and engage in transactions using virtual currencies every day.
Significant differences arose between investors, code developers, programmers, and miners of Bitcoin. Debates rage about scaling Bitcoin protocol to handle increasing demand for the currency and result in the fork as well as another Bitcoin “Gold Currency.” Blockchain continues to dislocate the financial services sector. In the meantime, space exists between the capabilities or capacity of Blockchain and digital currencies and the manner in which consumers transact financially.
Blockchain needs to help the public to transition from the current state of affairs to a more radical monetary environment such as going to the bank and exchange traditional currencies like the USD and EURO to BTC and vice-versa.
Established institutional cannot just start supporting digital currencies without clear laws, guidelines, and benchmarks. Banking remains a highly-controlled activity so rules must first be modified or approved to become accustomed to using cases of virtual currencies. On the other hand, advocates and patrons of the Blockchain model contend that restricted use does not imply inadequate innovation and resourcefulness. Regulations stifle the platform thereby reducing its capacity to facilitate services in specific marketplaces.
Initial Coin Offerings appeal as funding source due to the relative promptness in raising resources so Blockchain start-up firms can develop and experiment with their business concepts. Unfortunately, the days of swift or breakneck offerings may cease for some markets like China after the government decided to ban ICOs abruptly. On the other side of the equator, the Securities and Exchange Commission has closed down ICO activities in the United States.
Before this action, the SEC quietly circulated a so-called investor alert cautioning prospective investors about the risks involved in joining ICOs. Instead, the Agency ruled that investors can only take part in future token sales by way of the Simple Agreement for Future Tokens or SAFT. Strict restrictions on these offerings give liberal bureaucracies such as Japan and Singapore to become sanctuaries for Initial Coin Offerings as well as cryptocurrencies. These two countries have shown more positive attitudes towards Blockchain as a result of practical and down to business legislation.
Japan and Blockchain
The decision of the Japanese Government to accept BTC as a legitimate method of payment proved to be a victory for the digital currency community. Japan compelled business entities to include traditional physical retail outlets to give their support to Bitcoin. Aside from this move, the nation added more measures are enhancing protection for investors as a result of occurrences like the Mount Gox breakdown. Finally, the Japanese exchange, Coin Check introduced a program for investments for Blockchain start-up companies.
Mt. Gox used to be the largest Bitcoin exchange located in Shibuya (Tokyo), Japan and launched in 2010. Only three years after, the exchange already handled more than 70% of global BTC transactions. Mt. Gox became the most prominent broker for the cryptocurrency and number one exchange worldwide. In February of 2014, management stopped all trading activities, shut down its website as well as exchange service and filed for insolvency protection from creditors. Four months later, the company initiated liquidation procedures.
Mt. Gox revealed that someone pilfered around 850, 000 coins belonging to clients with a market value of over $450 million at that time. They recovered some 200, 000 coins but up to now, the actual reason for the fortune’s mysterious disappearance never came out. Observers believe it could have been theft, mismanagement or fraud.
Need for Sense of Stability
Industry players must work hard to create equilibrium within the cryptocurrency ecosystem. Governments must avoid being inflexible just because virtual currencies do not fall under the pattern of conventional financial services. Maybe, political leaders and the private business community must collaborate to enact rules and laws that will protect the public from manipulation and scams. Regulators must implement regulations that will permit room for conformity and innovation.
A new emerging company is said to be coming out in 2018 called InfluenceMine. They are touted to be a Hydromining company that is “Green” which saves money in coin production. They have not been released yet and only remain to be a rumor at this point, be we will be sure to keep you updated and add information about them here as we get it.