Tag Archives: ILP

Markethive Report pre launch update

Less than a week since our major upgrade to the Markethive Dashboard and all is settling down nicely.

This is all for preparation of transferring into the blockchain, so we can deliver even better privacy, security, power and a Universal Income based on Entrepreneurial pursuits, not some government theft and giveaway all the other options seem to have become.

This process has eliminated all the affiliate type levels that used to exist in Markethive. Gone are the Alpha Legacy levels, gone are the Voyager, Navigator and Commanders levels.

Alpha Legacy is now 1/10th of an ILP, the new crowdfunding share we are in pre-launch with. We are gearing up to convert to the blockchain, so we have our own financial systems. We are gearing up to deliver 3+ commerce platforms. We are gearing up to deliver a legitimate Godly Universal Income. We are gearing up to insure you have total privacy and security at Markethive.

We are about to officially launch our ICO (ILP actually) crowdfunding campaign and sharing that effort with you, the people that make Markethive run.

Come to our Sunday meetings as we continue to reveal what this means, and how it benefits you in so many ways.

I hold 2 meetings on Sunday because it is the 1st day of the week, look at your calendar, it is the first day.

Central Time (That is USA central time) Check the World Clock if you are confused

https://www.timeanddate.com/worldclock/full.html

Sunday @ 10am and 5pm

The calendar can be found at http://markethive.com along with the link to the conference room (found within the calendar)

https://www.ivocalize.net/#room/CryptoHive

 

New Back Linking Tool (Blows SEO away)

This Saturday (check the calendar) @ 2 pm (USA Central)

 

I am going to show you how to use the new backlinking tool. It has become incredibly organized and can literally produce and manage 100s even 1000s of legitimate backlinks, manage them, sort them and will even have the option to have them listed in your profile page for even greater robotic indexing.

 

There is nothing even close to this elsewhere for free or fee.

Saturday @ 2pm (USA central)

 

Attention Journalist

I still need journalists. This is a well-paying job. Please register here for an interview and job benefits.

https://t.me/markethive_marketing_group

 

Markethive is sailing ahead to become the leading Market Network, the champion of the Entrepreneur, delivering a real legitimate Universal Income, with a huge and free platform that pays you to build your future.

 

See you soon.

Thomas Prendergast
Founder

 

P.S. Pay Attention!

Thomas Prendergast

ILPs May Replace ICOs as a New Form of Fundraising

ILPs May Replace ICOs as
a New Form of Fundraising

Although initial coin offerings (ICOs) are seen as a legitimate means

of raising capital, there are no clear legal and technical controls. Initial Loan Procurements (ILP), are, however, an alternative to the risky ICO model. ILPs enable decentralized crowdfunding opportunities by creating a contractually bound agreement which minimizes the risk of ICOs.

According to Carey Olsen’s senior associate Luke Sayer, instead of coin acquisitions, borrowers and creditors “enter into a loan agreement through legally binding smart contract. With an ILP, a creditor’s investment is contractually tied to the performance of the company.” Therefore, if the company is profitable, the creditor receives annual returns.

Estonia-based startups Blockhive and Agrello have partnered to launch the first ILP called ‘Blockhive.’ Instead of issuance tokens, borrowers have a “contractual entitlement to 20 percent of their annual operating profits.” The goal is to continue decentralized crowdfunding with greater protection for borrowers, improved functionality without the interferences of government regulations.

Problems with ICOs

According to a report by Fabric Ventures and Token Data, startup companies raised $5.6 billion in 2017 through ICOs. While the ICO model of raising capital has great potential for high returns, it has become significantly scrutinized. “I think a lot of what’s happening in the ICO market is actually fraud, and I think that will (eventually) stop,” said Brad Garlinghouse, CEO of Ripple to CNBC.

Unfortunately, many ICOs were scams that extorted money from unsophisticated investors. While they pretended to have a genuine and viable product, once the ICO finished, the website and product information disappeared. Investors, therefore, receive a token that has little to no value. While many ICOs back “high-quality projects… there have been a lot of copycat projects where people copy all the same materials (and) don’t intend to deliver any value to the people buying the tokens,” said Joseph Lubin, co-founder of Ethereum, as he told CNBC.

In response to the high level of ICO scams, the Government of Gibraltar, a British Overseas Territory on Spain’s South Coast, and Gibraltar Financial Services Commission (GFSC) on February 12, 2018, confirmed that they were developing legislation in regards to tokenized assets. “Token regulation is the natural progression following the regulation of DLT Providers, being vital to the protection of consumers,” said Sian Jones, Senior Advisor on distributed ledger technology (DLT) at the GFSC. “One of the key aspects of the token regulations is that we will be introducing the concept of regulation authorized sponsors who will be responsible for assuring compliance with disclosure and financial crime rules.”

ILPs: an alternative to ICOs

Agrello, a legal startup that builds legally-binding contracts on the blockchain, and Blockhive are currently working together to launch the first ILP called ‘Blockhive.’ Blockhive will use the Agrello ID that provides support for all legal requirements which include Know Your Customer (KYC) and anti-money laundering solutions.

Agrello’s agreement also ensures that creditors’ data is encrypted and stored on the blockchain network. Users must register to receive the protocol’s Future Loan Access Tokens (FLAT – transferable loans assigned to third parties) as soon as they lend their funds to Blockhive. Once registered with the tokens, users can access and transact on the Blockhive platform. Unlike ICOs, ILPs can reduce instances of fraud and money-laundering. With new functionalities that prevent scams, ILPs may enable decentralized crowdfunding opportunities without restrictions from regulatory bodies in the future, if it becomes widely adopted.

Authored by
Cindy Huynh

Cindy is a writer, digital marketer and content creator from Australia. She is currently a digital nomad fascinated by blockchain technology. Cindy believes blockchain technology and cryptocurrencies can disrupt existing industries and has the potential to revolutionize the world. In her spare time she enjoys learning new ideas and scuba diving with friends.

Tags – blockchain, cryptocurrency, finance, fintech, ICO, ILP, regulation, startups, technology

Original Site
https://btcmanager.com/ilps-may-replace-icos-as-a-new-form-of-fundraising/?utm_source=Telegram&utm_medium=socialpush&utm_campaign=SNAP

Thomas Prendergast