Branko, Author at 2100NEWS

BrankoSeptember 24, 2020
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8min97


BAND (Band Protocol) as Large-cap Ethereum based Token is 45th in the 2100NEWS ranking. The quality of the order book of BAND is Poor. The average quality of the order book for large caps members of the NWSL100 index is 16.8. What is the true value criterion in the crypto world?

*Among all, the price is always at the forefront. By comparing with the index, we can gauge the price-performance with similar digital assets that are members of the index. Considering an investor’s point of view, peer comparison should be efficient and effective. We present you tokens that are worth keeping in mind.

 

About token

BAND has been launched in 44 exchanges.

iExec as Large-cap Ethereum based Token is 45th in 2100NEWS ranking (after Index Review of 11th September 2020). It is an Index member: NWST1100, NWSL100, NWSTo100, NWSET100, NWSDM100.

2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 15, (Average for Large caps: 16.6)


Over the past week, the average market cap was $131.3 million, average daily volume was $70.5 million.


 

In this section, we will examine how the market, with price changes, evaluates project progress. It seems important to us if the project is outside of the usual tide of crypto project prices. In order to make an appropriate peer comparison, we gauged the BAND (Band Protocol) with 2100NEWS Digital Assets 100 Large Cap Index (NWSL100).  On average (violet area chart), the relationship between BAND to NWSL100 has shown that it was stronger during August. Over the last three months, it has outperformed NWSL100 by 174%. However, if we compare the BAND green area graph with the orange index area graph while observing the correlation graph, the correlation graph gives us an explanation that the correlation is very strong (Pearsons correlation coefficient = 0.94). It was moving in the same direction as the NWSL100. So, it has been a good representative of the NWSL100 index in terms of price changes.

*The chart below shows the BAND compared to NWSL100 at the top, the box in the middle of the chart shows the original BAND price, and at the bottom of the chart we see NWSL100 and the correlation between  BAND and NWSL100.

 

 

According to Etherscan, there are 10,054 token holders (at the time of this article’s writing).

 

2100NEWS observation:

They were quite busy this year. In August 2020, the Band protocol met quite a few goals: they launched of GuanYu Proof-of-Authority Mainnet, the token BAND was listed on major crypto exchanges. They have also entered into some important partnerships. All their subsequent actions, however, will be tied to phase 2, which is Full bridge implementation. Community is also very important to them. They regularly post news on social media. They have 33.1K followers on Twitter.

 

About Band Protocol – what they do

Band Protocol is a cross-chain data oracle platform that aggregates and connects real-world data and APIs to smart contracts.

Band’s flexible oracle design allows developers to query any data including real-world events, sports, weather, random numbers and more. Developers can create custom-made oracles using WebAssembly to connect smart contracts with traditional web APIs within minutes.

BandChain, is designed to be compatible with most smart contract and blockchain development frameworks. It does the heavy lifting jobs of pulling data from external sources, aggregating them, and packaging them into the format that’s easy to use and verified efficiently across multiple blockchains.

BandChain is a high-performance public blockchain that allows anyone to make a request for APIs and services available on the traditional web. It is built on top of the Cosmos SDK, and utilizes Tendermint’s Byzantine Fault Tolerance consensus algorithm to reach immediate finality. This finality is specifically reached upon getting confirmations from a sufficient number of block validators.

 

General information

Band Protocol is based in Bangkok, Thailand. The core team consists of Soravis Srinawakoon (CEO & Co-founder), Sorawit Suriyakarn (CTO & Co-founder) and Paul Nattapatsiri (CPO & Co-founder).

 

Exchanges: 1inch Exchange, ATOMARS, Balancer, Bilaxy, Binance, Binance.US, BitAsset, Bithumb Global, Bitkub, BitMax, Bitrue, BitZ, BW.com, Coinbase Pro, CoinDCX, Coinone, Coinsbit, CoinTiger, Dcoin, EXX, Folgory, Gate.io, Giottus, HBTC, Hotbit, Hubi, Huobi Global, Huobi Korea, IDEX, Kyber , Network, LATOKEN, Mooniswap, Nominex, OKEx, Poloniex, ProBit Exchange, Satang Pro, Sushiswap, Uniswap, Uniswap (V2), UPEX, WazirX, WhiteBIT, ZG.com.

 

Website: https://bandprotocol.com/

You can follow them:     Github    Medium    Twitter

 

Do you know more about this topic or would you like to report an error in the text? Leave a comment or email us at info@2100news.com.

 

The Crypto Highlights are considered the opinion of 2100NEWS and the material is for informational purposes only and 2100NEWS is not soliciting any action based upon such material. The material is not to be construed as an offer or a recommendation to buy or sell a security nor is it to be construed as investment advice. At the time of this article’s writing, the author did not hold any tokens BAND.


BrankoSeptember 19, 2020
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8min105


XVG (Verge) as Large-cap Coin is 95th in the 2100NEWS ranking. The quality of the order book of XVG is Ordinary. The average quality of the order book for large caps members of the NWSL100 index is 16.7. What is the true value criterion in the crypto world?

*Among all, the price is always at the forefront. By comparing with the index, we can gauge the price-performance with similar digital assets that are members of the index. Considering an investor’s point of view, peer comparison should be efficient and effective. We present you tokens that are worth keeping in mind.

 

About coin

XVG has been launched in 28 exchanges. The maximum supply is capped at 16.5 billion XVG.

Verge as Large-cap Coin is 95th in 2100NEWS ranking (after Index Review of 11th September 2020). It is an Index member: NWST1100, NWSL100, NWSCo100.

2100NEWS DA Orderbook Quality Evaluation Grade: Ordinary, Score: 14.9, (Average for Large caps: 16.7)


Over the past week, the average market cap was $75.6 million, average daily volume was $1.4 million.


 

In this section, we will examine how the market, with price changes, evaluates project progress. It seems important to us if the project is outside of the usual tide of crypto project prices. In order to make an appropriate peer comparison, we gauged the XVG (Verge) with 2100NEWS DA Coin Index (NWSCo100).  On average (violet area chart), the relationship between XVG to NWSCo100 has shown that it was weaker over the last three months, tt has underperformed  the NWSCo100 57%. However, if we compare the XVG green area graph with the orange index area graph while observing the correlation graph, the correlation graph gives us an explanation that the correlation is extremelly weak (Pearsons correlation coefficient = 0.02). For 55% of the time, it was moving in the same direction as the NWSCo100. So, it has been a bad representative of the NWSCo100 index in terms of price changes.

*The chart below shows the XVG compared to NWSCo100 at the top, the box in the middle of the chart shows the original XVG price, and at the bottom of the chart we see NWSCo100 and the correlation between  XVG and NWSCo100.

 

2100NEWS observation:

Although Verge is a volunteer-driven project, looking at the work done in recent years, we can say that it operates as a serious and strong company. In August 2020, they introduced a stock exchange, where 213 cryptocurrencies are already available. Cryptocurrencies can also be bought with fiat. This year, they also concluded some partnerships, mainly in the field of the payment system. That the community works for them or that it is led by volunteer community members can also be seen by the number of members or followers on social networks. They have an enviable 289.1K followers on Twitter,

 

About Verge – what they do

Verge is a cryptocurrency designed for people and for everyday use. It improves upon the original Bitcoin blockchain and aims to fulfill its initial purpose of providing individuals and businesses with a fast, efficient and decentralized way of making direct transactions.

Their mission is to empower people around the world by bringing blockchain transactions into everyday life. Verge makes it possible to engage in direct transactions quickly, efficiently and securely. With Verge, businesses and individuals have flexible options for sending and receiving payments securely and effeciently all around the world in a matter of seconds.

Electrum is an open-source Bitcoin lite wallet solution. Verge has forked the Electrum wallet codebase and updated to have it work with the Verge blockchain.

QT is a cross-platform application and UI framework for developers using the C++ programming language. It allows developers to write code in C++ and then release their software to various software and hardware platforms. Per Wikipedia, the toolkit was named QT because “the letter Q looked appealing in Haavard’s Emacs typeface, and ‘t’ was inspired by Xt, the X toolkit”.

 

General information

Verge Currency was created in 2014 under the name DogeCoinDark. In 2016, it was rebranded to Verge Currency. Verge currency is 100% open-source. The project is ran entirely by volunteer community members and dedicated indiviudals who wish to make a difference in the world.

 

Exchanges: ATOMARS, Binance, Bitbns, BITEXLIVE, Bitfinex, Bitsonic, Bittrex, Bitvavo, CoinDCX, Coindeal, CoinEx, Crex24, Gate.io, Graviex, HitBTC, Huobi Global, Huobi Korea, Huobi Russia, LiteBit.eu, Livecoin, Omgfin, Sistemkoin, SouthXchange, STEX, TradeOgre, VCC Exchange, WazirX, YoBit.

 

Website: https://vergecurrency.com/

You can follow them:     Facebook    GitHub    Twitter

 

Do you know more about this topic or would you like to report an error in the text? Leave a comment or email us at info@2100news.com.

 

The Crypto Highlights are considered the opinion of 2100NEWS and the material is for informational purposes only and 2100NEWS is not soliciting any action based upon such material. The material is not to be construed as an offer or a recommendation to buy or sell a security nor is it to be construed as investment advice. At the time of this article’s writing, the author did not hold any tokens XVG.


BrankoSeptember 11, 2020
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9min131


RLC (iExec) as Large-cap Token is 92nd in the 2100NEWS ranking. The quality of the order book of RLC is Poor. The average quality of the order book for large caps members of the NWSL100 index is 16.6. What is the true value criterion in the crypto world?

*Among all, the price is always at the forefront. By comparing with the index, we can gauge the price-performance with similar digital assets that are members of the index. Considering an investor’s point of view, peer comparison should be efficient and effective. We present you tokens that are worth keeping in mind.

 

About token

RLC has been launched in 22 exchanges. Through ICO in April 2017, iExec raised $12.1 million. RLC stands for “Run on Lots of Computers”. RLC is a cryptocurrency that provides standard and secure payments.

iExec as Large-cap Ethereum based Token is 92nd in 2100NEWS ranking (after Index Review of 28th August 2020). It is an Index member: NWST1100, NWSL100, NWSTo100, NWSET100.

2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 10.4, (Average for Large caps: 16.6)


Over the past week, the average market cap was $86.7 million, average daily volume was $4.2 million.


 

In this section, we will examine how the market, with price changes, evaluates project progress. It seems important to us if the project is outside of the usual tide of crypto project prices. In order to make an appropriate peer comparison, we gauged the RLC (iExec) with 2100NEWS Digital Assets 100 Large Cap Index (NWSL100).  On average (violet area chart), the relationship between RLC to NWSL100 has shown that it was in fact coordinated movement with small deviations. Over the last four months, NWSL100 has outperformed it by 17%. However, if we compare the RLC green area graph with the orange index area graph while observing the correlation graph, the correlation graph gives us an explanation that the correlation is very strong (Pearsons correlation coefficient = 0.89). For 93% of the time, it was moving in the same direction as the NWSL100. So, it has been a good representative of the NWSL100 index in terms of price changes.

*The chart below shows the RLC compared to NWSL100 at the top, the box in the middle of the chart shows the original RLC price, and at the bottom of the chart we see NWSL100 and the correlation between  RLC and NWSL100.

 

According to Etherscan, there are 17,853 token holders (at the time of this article’s writing).

 

2100NEWS observation:

In July iExec announced that it has joined in the Google Confidential Computing Program and have been working on the project since the alpha release. iExec will offer expertise in the context of confidential computing with blockchain, and will present work and use cases alongside Google in the near future. They meet the set goals in the plan and update it on an ongoing basis. They support and proudly present to the public individual developers who use their tools to develop applications. iExec makes sure the community is well informed and educated. They achieve this through frequent posts and comments on social networks. iExec has 33.1K followers at Twitter.

 

About iExec – what they do

iExec has developed the first decentralized marketplace for cloud computing resources. Blockchain is used to organize a market network where users can monetize their computing power, applications, and datasets. By providing on-demand access to cloud computing resources, iExec supports compute-intensive applications in fields such as AI, big data, healthcare, rendering, or FinTech. Anyone can be rewarded in RLC tokens for contributing resources to the network.

iExec leverages a set of research technologies that have been developed at the INRIA and CNRS research institutes in the field of Desktop Grid computing. The idea of Desktop Grid (aka. Volunteer Computing) is to collect the computer resources that are underutilized on the Internet to execute very large parallel applications at the fraction of the cost of a traditional supercomputer.

iExec relies on XtremWeb-HEP, a mature, solid, and open-source Desktop Grid software which implements all the needed features: fault-tolerance, multi-applications, multi-users, hybrid public/private infrastructure, deployment of virtual images, data management, security and accountability, and many more.

iExec developed a Proof-of-Contribution (PoCo) protocol – a consensus algorithm that guarantees protection against Byzantine workers (who could provide bad results to penalize users) and users (who could argue against legitimate work performed by legitimate workers). PoCo ensures trust between all participants on the iExec Marketplace. It ensures a high level of trust and traceability. It allows users to trust the results computed by an external actor, who is incentivised by making an income for their contribution.

 

General information

iExec is based in Lyon, France. The core iExec team is composed of seasoned scientists, who have been joined by outstanding hackers and top-notch marketers. The executive team is made up of Gilles Fedak, Ph.D. (CEO, Co-Founder, Researcher in parallel and distributed systems), Haiwu He, Ph.D. (Co-Founder, Head of Asian-Pacific Region), Oleg Lodygensky PhD (CTO, Research-engineer, expert in ditributed computing) and Jean-Charles Cabelguen PhD (Chief Innovation & Adoption, Go-to-market strategies and international marketing).

 

Exchanges: 1inch Exchange, ATOMARS, Balancer, Bancor Network, Binance, Bitfinex, Bitribe, Bittrex, BKEX, CoinDCX, Fatbtc, Gate.io, HitBTC, IDEX, Kyber Network, Livecoin, Nash Exchange, Uniswap (V2), Upbit, VALR, VCC Exchange, ZG.com.

 

Website: https://iex.ec/

You can follow them:     Github    Medium    Twitter

 

Do you know more about this topic or would you like to report an error in the text? Leave a comment or email us at info@2100news.com.

 

The Crypto Highlights are considered the opinion of 2100NEWS and the material is for informational purposes only and 2100NEWS is not soliciting any action based upon such material. The material is not to be construed as an offer or a recommendation to buy or sell a security nor is it to be construed as investment advice. At the time of this article’s writing, the author did not hold any tokens RLC.


BrankoSeptember 15, 2019
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10min8235

In the past week, NWST1100 index rose to its 25-days EMA but it did not clear some upside resistance barriers. Total NWST1100 index increased by 0.08%. ReddCoin (RDD)  is the NWSL100 crypto index member which made the biggest jump in our ranking last two weeks.

*We gauge the crypto market breadth and direction of the market by showing charts 2100NEWS Digital Assets Total Index (NWST1100) which represent top 1100 Digital Assets. The chart overwhelmed with information is at first glance difficult to read but on the chart is the most important price information, important decisive price levels, momentum, volume of trading, and crypto market breadth. 

In the previous report, our assumption was that a more likely course for the past week would be a move to the upper trendline. On the NWST1100 chart, we can see, that index rose to its 25-days EMA but it did not clear some upside resistance barriers. At the same time, its 14-day RSI lines (upper box) have risen to 50 again; and its daily PPO lines have turned more positive. McClellan summation index (blue arrow in the lower box) has confirmed a buy signal.

Looking ahead to the next week: Bitcoin dominance is in danger of dropping out of a multi-month formation. While most crypto investors expect “more pain” to come for altcoins, oftentimes when sentiment is these poor and lows have been swept, the time to buy is finally here. We need to be aware that the weight of Bitcoin represents about 70% of the index value. Since the shy start of the ALT season has been showing for two weeks, it means that Bitcoin is being sold to buy ALT coins. The ALT season can be a brake on NWST1100 growth, but we expect the positive atmosphere in the remaining index members to move the index higher. The indicators give us the following signals: we can see that RSI is 50, the brown PPO histogram bars could turn more positive in the next few days.  As a consequence, the PPO lines are close to crossing above 0. That would be a sign of stronger upside momentum. Breadth indicator McClellan summation index could turn more positive. This set up is the basis, that for the next week is a more likely course a move to break upper trendline. This leaves open the possibility of a retest of  R1 (960 points).

Performance of different groups of Digital Assets (Coins and Tokens)

At the table, you can see that Total (NWST1100) index increased by 0.08% in the past week.

Crypto (Digital Assets) compared with global equity

On the chart below, the performance of the average Digital Aset represented by our NWST1100 index is compared with average global equity represented by Dow Jones global index W1Dow. This year average crypto vs. W1Dow soared over 70% but over the past 14 weeks, we were observing a consolidation. Last 10 weeks NWST1100 reported 30.8% loss vs. W1Dow.

Indexes Revision 9-13-2019

The Bi-weekly revision update both, the amount of each asset publicly available and any additions and deletions from the indexes. On the tables below there are additions and deletions from NWSL100, and NWSM200. As we can see on the tables Metaverse ETP, Kyber Network, ReddCoin … have improved their rankings they were added to NWSL100 and deleted from NWSM200. Egretia, Populous, QuarkChain … were deleted from NWSL100. They are new members of NWSM200. New mid-caps are greenPower, Litecoin Cash, BHEX Token … Other additions and deletions this week for the other indexes from the family are available here.

Winner member

We select the member in the NWSL100 crypto index with the biggest jump in our ranking. Considering an investor’s point of view, peer comparison should be efficient and effective. To make appropriate peers comparison we gauged the ReddCoin (RDD)  token with 2100NEWS Digital Assets 100 Large Cap Index (NWSL100). Looking at the chart below, at the top we can see the original RDD price, in the middle of the chart is RDD vs. NWSL100, at the bottom of the chart are NWSL100 and correlation between RDD and NWSL100. However, the correlation graph gives us an explanation that for 50% of the time, it was moving in the opposite direction as the NWSL100. In the last four months, he has not been a typical representative of the NWSL100 index in terms of price changes. Since the beginning of August RDD has grown and beaten the NWSL100, it has surged by more than 40%.

ReddCoinReddCoin (RDD) Website: https://www.reddcoin.com/     

RDD as Large-cap Coin is 75 in 2100NEWS ranking. It is an Index member: NWST1100, NWSL100, NWCo100


2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 5.9, (Average for Large caps: 9.8)


Over the past week, the average market cap was 38.9 million $, average daily volume was 0.25 million $.

Launched in 2014 as a fork of Litecoin, Reddcoin is a decentralized cryptocurrency used to tip or send payments for social content. The Reddcoin API supports social platforms such as Reddit, Twitter, and Twitch. Accounts created on the Reddcoin wallet can be linked to Twitter, Twitch, and Reddit accounts. Upon downloading the ReddID browser extension, users can “like” content by entering the username and sending a micropayment. RDD is mined by the ReddID wallet through Proof-of-Stake-Velocity (PoSV), which incentivizes both ownership (stake) and activity (velocity).

 

 


BrankoSeptember 12, 2019
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3min1071

ALGO (Algorand) as Large-cap Coin is 31 in 2100NEWS ranking. ALGO has Good quality of the order book. The average quality of the order book for large caps members of NWSL100 index is 9.6. What is the true value criterion in the crypto world?

*Among all, the price is always at the forefront. By comparing with the index, we can gauge the price-performance with similar digital assets that are members of the index. Considering an investor’s point of view, peer comparison should be efficient and effective. We present you tokens that are worth keeping in mind when you create a buying list to go into the crypto world.

 

About coin

Algorand has been launched in 22 exchanges. This is a token of the Algorand platform, and its distribution is handled by the Algorand Foundation.

ALGO as Large-cap Coin is 31 in 2100NEWS ranking (after Index Review of 30th August 2019). It is an Index member: NWST1100, NWSL100, NWCo100


2100NEWS DA Orderbook Quality Evaluation Grade: Good, Score: 15.6, (Average for Large caps: 9.6)


Over the past week, the average market cap was 111.9 million $, average daily volume was 53.7 million $.


 

To make appropriate peers comparison we gauged the ALGO (Algorand) token with 2100NEWS Digital Assets 100 Large Cap Index (NWSL100). Looking at the chart below, at the top we can see the original ALGO price, in the middle of the chart is ALGO vs. NWSL100, at the bottom of the chart are NWSL100 and correlation between ALGO and NWSL100. On average (EMA25 – green area graph), the relationship between ALGO and NWSL100 has remained similar from June for nearly three months, meaning it declined vs. NWSL100. However, the correlation graph gives us an explanation that ALGO was moving in the same direction as the NWSL100 (positive correlation). So,  ALGO has been a good representative of the NWSL100 index. 


BrankoSeptember 9, 2019
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6min1799

General conditions of access to CEDGAR and its use

1. CEDGAR functionality

CEDGAR is a public electronic information dissemination system provided by the 2100News which, with the necessary prerequisites for its regular functioning via users’ standard software and via the Internet, at the following web address https://2100News.com caters for:

  • browsing through public announcements by issuers on CEDGAR,
  • browsing through Stock Exchange announcements regarding public announcements in the daily newspapers, as notified by issuers according to regulations, and
  • browsing through other announcements by CEDGAR subscribers and by the Exchange for the public.

2. CEDGAR use authorisation

As a rule, CEDGAR is available 24 hours/day and all year long to any legal entity or physical person. All the data collected and published on CEDGAR, unless otherwise provided, is the property of the 2100News (2100News d. o. o., Ljubljana) which is a legal entity, and may not be used commercially or reproduced in any form whatsoever without an explicit written consent by the 2100News (2100News d. o. o., Ljubljana).

3. Legal nature of the contents of published announcements

All announcements published on CEDGAR, unless otherwise explicitly stated, do not express any offer or invitation for offer for sale or purchase of securities. With investment decisions regarding securities, all possible related risks must be taken into account; 2100News therefore recommends its users not to make any investment decisions merely on the basis of the information published but ask for an advice of authorised experts.

4. Disclaimer

As stipulated by 2100News is likewise not liable for reliability, accuracy and promptness of the announcements published on CEDGAR. However, the 2100News strives at all times to maintain the good business practice of publishing the announcements as they are delivered (by issuers, etc.), with regard to certain security mechanisms.

The 2100News and/or its employees also do not review, authorise or advertise in any way the contents of web sites available on CEDGAR via hyperlinks, and are not liable in any way regarding the access to web pages of third persons through CEDGAR website, regarding unavailability of data or access to CEDGAR web pages, unavailability of CEDGAR services or regarding any subsequent alterations in the conditions of CEDGAR use.

5. Duration of access of / to CEDGAR

In case of any technical difficulties or unavailability of the CEDGAR and its auxiliary CEDGARin services, the 2100News strives to maintain a minimum level of the CEDGAR functionality at a secondary location.

6. Publication of General conditions of access to CEDGAR and its use

The General conditions of access to CEDGAR and its use are available at the head office of the 2100News, at Dunajska 20, Ljubljana, Slovenia, and are published at the 2100News web site.

7. Privacy policy statement

The 2100News has prepared this statement to demonstrate its commitment to the respect of user privacy.

2100News collects certain information on the users of its website in its log, i.e. information about cookies, IP addresses and time and duration of the visit. On the basis of such information it is not possible to determine the individual user and thus these are not personal data as defined by the valid legislation.

2100News uses the information solely for purposes of its own statistical monitoring of the website usage and does not disclose the information to third parties.

2100News website uses only seed cookies and not cookies of advertising partners. Cookies are small files, which we download to your computer. We use seed cookies only for purposes of determining the number of website visitors and their interest in certain pages in order to improve our services further.

In the case of Subscription to announcements, 2100News also collects the Name, Surname and E-mail of the user. These are used only for purpose of performing the service and informing the users of potential maintenance of service failure. In accordance with the Personal Data Protection Act (Zakon o varstvu osebnih podatkov), 2100News provides the users the right to have insight into and the right to transcribe, copy, supplement, correct and erase the personal data, which apply to them. The data is stored until the user unsubscribes to the announcements.

Personal data and contact information are not used for any other means and are not disclosed to third parties.


BrankoSeptember 9, 2019
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5min1684

What is CEDGAR?

CEDGAR is an electronic dissemination information system of the 2100News, available to the public providing business information on the token issuing companies

Why CEDGAR?

The principle purpose of the CEDGAR is better informed public. This new service provides fast and easy access to business information anytime, and available on one location.

Who is CEDGAR designed for?

CEDGAR is designed to cater for the needs of a large public, of institutional and other investors into crypto, media, Exchange members, or in general, for the needs of everybody who wish to view and monitor issuers’ public announcements and announcements of other institutions of the crypto market. Additionally, the CEDGAR system represents to the issuers as an effective information dissemination mean for publication of their important announcements.

Which issuers’ announcements are available on CEDGAR?

  • announcements which the securities issuers are obliged to publish in accordance Exchange Rules
  • summaries of annual and semi-annual reports and financial statements;
  • information on any business or other events regarding the business activities of an issuer that may considerably affect prices of tokens (material changes in the ownership structure, concluded contracts of significant importance, legal proceedings, mergers of companies, etc.);
  • announcements of the Exchanges and other institutions of the crypto market;
  • short notifications regarding public announcements by issuers in other media.

How to publish a public announcement on CEDGAR?

Announcements are designed by issuers and then forwarded to the 2100News, using the web application – CEDGARin. The 2100News verifies the identity of the author, checks all the texts and then publishes them on CEDGAR, where they are available to the public free of charge via https://2100News.com

When published on CEDGAR, every announcement is automatically forwarded to the list of latest announcements and is simultaneously archived in all announcements file. When clicking on its title, the contents of the announcement are displayed.

How often are new announcements published?

All announcements are published on CEDGAR within the period for regular public announcements, i.e. from 8:00  a.m. in the morning, to- 5 p.m.(CET).

How does the archive of public announcements work?

The archive holds all announcements published on CEDGAR from the start of its operations. Browse tools help you search for data on the basis of various criteria; either by individual issuers, or by combining the criteria according to the type of announcement, date or period.

How to subscribe to CEDGAR messaging?

If you wish to keep up to date about new announcements, you can subscribe to newsletter service via e-mail free of charge. All you need to do is enter your e-mail address. At the end of every day also a daily summary will be delivered to your inbox.

What are the advantages of CEDGAR?

CEDGAR helps improve the transparency of public announcements and helps better inform the investment public, while considering high security standards:

  • faster information for contributors about price-sensitive data (lesser discrepancy between the time of an important business event and its publication);
  • public announcements and messages regarding public announcements available on one location;
  • access to archives of all announcements of an individual issuer/institution;
  • easy search for announcements according to various criteria;
  • easy and free-of-charge access to CEDGAR;
  • CEDGAR is available 24 hours/day.

Where to get additional information on CEDGAR?

All additional information about CEDGAR public announcements are available at 2100News


BrankoSeptember 9, 2019
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13min5472

CEDGAR solves the biggest problem with ICOs and the token economy

The problem with the current crypto media landscape

There are currently too many sources of crypto related price sensitive information and no one has the ability to monitor all of them all the time. This creates confusing and chaotic market conditions, where fake news can do incredible damage.

Many unofficial crypto news outlets on Twitter, Facebook and YouTube have massive followings, which gives them the ability to manipulate the markets either intentionally or unintentionally. They can drown out the voice of even the major token issuing companies, who can’t match them by audience size.

We have seen this before in other areas, where fake/incorrect/inaccurate news, once widely disseminated, can persist over the truth for a very long time, sometimes in perpetuity.

This is where CEDGAR will provide a unique advantage to token issuers by enabling them to publish their official information in a blockchain verifiable format, against which all other information will be judged by.

ICOs are not IPOs

Unlike IPOs, ICOs bestow no reporting obligations on the token issuing companies. After crypto companies raise capital via ICOs, you as the purchaser of their token or currency have no say and little to no visibility into what happens to it.

ICO investors are not Venture Capitalists

When VCs invest into start-up companies they negotiate preferential terms with both downside and upside protection and appoint board members, monitors, consultants etc. When token purchasers participate in an ICO, all they receive in return are company tokens. If the ICO company gets into trouble or is subject to FUD, their tokens will plummet in value and token holders will have little chance of recovering their investments.

CEDGAR is not PR

It’s important to note that CEDGAR will not be an extension of company’s PR department. The information published on CEDGAR will be entered via a structured form, which will allow only certain type of information to be included. The form will enable for publishing of raw financial and price sensitive information without the spin, hype or hyperbole that is typical of PR departments.

By joining CEDGAR token issuers will have the ability to reach an audience many times bigger than any other influencer and therefore ensure the official truth will always stay on top of unofficial and unreliable news sources.

 

Why Self-regulation?

Because ICOs give token issuers the ability to raise high risk early stage capital without the obligations that VCs would normally bestow on them.

ICOs are full of promises, but generally have little to offer beyond their white paper. This means that investing in ICOs is a high risk VC type investment disguised as an IPO, without the obligations of either. ICOs are highly biased towards the token issuers but offer no protection to token purchasers.

In traditional markets, regulation provides protection for investors, by requiring companies to comply with stringent regulations before allowing them to list publicly. In the US the U.S. Securities and Exchange Commission (SEC) has established a reporting database for publicly listed companies called EDGAR (Electronic Data Gathering, Analysis, and Retrieval system). All publicly listed companies are required to report their financial information into EDGAR at regular intervals. This way small investors, who unlike VCs, don’t have members on the company’s board to look after their interests, have clear visibility into company activities.

This has been the inspiration behind CEDGAR, or Cryptocurrencies Electronic Data Gathering, Analysis, and Retrieval system. The function of CEDGAR will be the same as EDGAR in that they will both perform automated collection, validation, indexing, acceptance, and forwarding of company submissions. The difference is that the latter one is mandatory for all publicly listed companies in the US, while the former one will be a voluntary option for cryptocurrency companies who have tokens on sale to the public either via ICOs or virtual currency exchange listings.

By reporting their financial and other price sensitive information on CEDGAR, the token issuing companies will show their commitment to honesty and transparency. With an official channel for price sensitive information, companies and investors will be protected from FOMO and FUD, which are currently both major market drivers.

Why would crypto-companies want to utilise CEDGAR?

Since CEDGAR will be completely voluntary, the incentive to use it will have to come from within the crypto-companies themselves. They will either want to use it to show their commitment to honesty and transparency towards their token owners or the token owners will apply pressure on the company if they feel their funds are not being spent responsibly or the company might be manipulating information that is in the public domain.

Either way CEDGAR will serve as a counter weight to the promises in the white paper and provide much needed stability to the crypto markets. In the long therm all stakeholders will benefit from the use of CEDGAR.

Over time, CEDGAR listed crypto-companies will enjoy preferential treatment from business partners (such as exchanges) and investors. This will further drive the adoption of CEDGAR until it becomes the industry standard.

Perhaps most importantly, if the industry manages to establish effective self-regulation, it is also far more likely that governments will stay away with their own undoubtedly far more draconian versions of the same.

 

Why should ICOs join CEDGAR

It’s probably fair to say that 2018 hasn’t been too kind to crypto assets thus far. With bad news followed by more bad news since early January 2018, it exposed the market volatility in the worst possible way following the massive bull run in November and December of 2017.

The problem with such massive swings and an unstable market is that a lot of people ended up losing a lot of money, which has resulted in a very negative public image for crypto. First Facebook and now Google have reacted to this by banning crypto related ads on their advertising platforms, which depressed the markets even further.

It’s become clear that the crypto market is currently more influenced by Tweets, forum posts and news articles than anything fundamental and our plan here at 2100NEWS is to change that by introducing self-regulation in the form of CEDGAR.

So how will CEDGAR change the current unstable nature of the crypto markets?

By releasing price sensitive information through an officially sanctioned channel such as a blockchain verified CEDGAR account, all market participants will receive the same information at the same time. These intervals will be announced in advance, so that it will be fair for all traders and at the same time devalue any unofficial sources of potentially misleading information.

 

Why is CEDGAR a WINNING recipe for the crypto ecosystem as a whole?

It is in everyone’s interest that crypto markets adapt transparency and self-regulation practices that are currently missing. CEDGAR, therefore, provides a winning solution for everyone: token issuing companies, contributors, influencers, exchanges, and countries. Here’s how:

1. A win for token issuing companies!

By providing their financial reports to CEDGAR, token issuing companies will reach a broader community within the crypto world.

Company’s involvement in CEDGAR also shows its willingness to self-regulate and be transparent. Authorized publication of financial data will also reduce the risk of insider trading as well as give companies a higher chance of being listed on major exchanges.

Participating companies will receive a certificate to display to their crypto community, who will recognise reporting through CEDGAR as good business practice.

2. A win for contributors/traders!

With CEDGAR, contributors are getting a new information source, as opposed to relying just on companies’ PR departments and influencers. Now, through CEDGAR, 2100NEWS provides an unbiased infrastructure for self-regulation that results in higher quality financial analysis.

Contributors can now track the project’s progress at regular predefined time intervals and compare actual (quarterly, half-yearly, annually) business results to targets set in the Whitepaper. This gives them a much better insight into company’s progress and performance.

3. A win for influencers!

Until now, influencers communicated their opinions on certain ICO/token issuing company based on the Whitepaper, PR statements and rumors. CEDGAR enables influencers to have a reliable and unbiased third party information at their disposal. Consequently, they now have a more objective information source to base their assessments on, which means their followers will get a more balanced picture.

4. A win for Exchanges!

Exchanges will use CEDGAR as a standard of transparency for the token issuing companies. It will enable faster and easier due diligence check-up of crypto-companies before listing them on their exchanges and ensure higher trading volumes.

It is not in the interest of exchanges, for the market prices to be manipulated by third parties. CEDGAR will offer a stable and reliable way of communicating financially sensitive information between all stakeholders.

5. A win for Countries!

At the moment the whole crypto ecosystem is more or less unregulated. For most countries this represents an unacceptable situation. Self-regulation through CEDGAR will present a more palatable alternative to either no regulation or establishing full blown national regulation.

 

CEDGAR as a standard of transparency

As shown above, the whole crypto ecosystem will benefit from CEDGAR. Regulations are inevitably coming our way and it is in crypto’s best interest to start to self-regulate instead of being regulated by other parties. This is why we strongly believe CEDGAR is the logical next step in the evolution of the crypto economy.



About us

We are the new economy news hub. 2100NEWS is the professional index, data, and tools provider in the digital asset space, offering Crypto Market Intelligence, providing the perspective you can trust and equipping you with information edge you need to stay ahead. (Real-time data of token issuers and news, analysis and commentary from community.) We are very excited to contribute to the evolution of the industry and build an ecosystem around our offering (the institutional-grade data infrastructure required to enable institutional investments in digital assets). We want our contributions (Contents and Tools on 2100NEWS.com) to be useful for helping investors.


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