Subject: 🚀 Blockchain Rewards-Based Recycling

Market Cap: $213,824,379,13
BTC Dominance: 52.7%
24h Vol: $10,369,647,055
ETH Dominance: 9.86%
🚀 Market Updates 🏎️

BTC:       $6,490   (0.70%)
ETH:       $205      (0.97%)
XRP:       $0.460   (1.07%)
BCH:       $439      (0.39%)
EOS:       $5.43     (0.49%)

XLM:       $0.230   (0.45%)
LTC:        $52.09    (0.28%)
ADA:       $0.073    (-0.02%)
XMR:       $105       (2.11%)
DASH:     $156       (0.82%)
MIOTA:    $0.475    (-0.67%)
TRX:        $0.023    (0.38%)
Recycle to get paid using Blockchain

US-based manufacturer SC Johnson partnered with recycling company Plastic Bank to several plastic recycling ceter in Indonesia. SC Johnson, the company behind brands such as Glade, Ziploc and Mr. Muscle aims to open centers which local collectors can sell recycalble plasctic waste at above-market rates using IBM's Blockchain Technology.

Recent examples of blockchain use by UN include the UN Women project in Jordanian refugee camps, where fugitives obtain their salaries directly using blockchain. The payments within the program can also be made via a decentralized system where one can purchase food or goods using an iris scan instead of cash or cards.

Blockchain-based donation website powered by Binance

World's largest cryptocurrency exchange Binance introduced The Blockchain Charity Foundation (BCF) donation portal. Speaking to in the recent forum held in UN office Geneza, CEO CZ revealed that Binance will cover all operational cost of the portal, adding that all donations will go directly to its beneficiaries. 

BCF will first use its donation platform to raise funds for the victims of the floods and landslides in Eastern Uganda. Donations are currently accepted in BTC, ETH and BNB.

Singapore Major Utility Company Launches Blockchain-Based Solar Energy Marketplace

SP Group, a major corporation providing electricity and gas transmission in Singapore, has launched a blockchain-powered renewable energy certificate (REC) marketplace. The marketplace will support both local and international RECs — the documents that serve as proof that a particular amount of electrical energy has been produced by solar batteries.

“Through blockchain technology, we enable companies to trade in renewable energy certificates conveniently, seamlessly and securely, helping them achieve greener business operations and meet their sustainability targets.” Chief Digital Office Samuel Tan explained.

🐳 How to Evaluate STOs — An Investor’s Perspective

5 parameters which Accredited Investors (AIs) & Qualified Institutional Buyers (QIBs) would look at:

1. Prospectus
Unlike a whitepaper, the prospectus is a legal document mandated by the SEC that provides details about the particular investment offering, including STO. The prospectus generally would comprise of information such as business details, background information, financial details, risks and the fees involved.

2. Business Model
AIs and QIBs look for evidence of a strong, healthy, thriving business and top-line growth is the best indicator. Rate of revenue growth also factors significantly into the level of interest among investors leading up to the STO, as well as the actual valuation at time of STO.

3. Cash-22 situation
Cash-22 situation means that, while access to capital is one of the common reasons for doing an STO, it is possibly the worst time to do an STO when you actually need the money to continue funding the business.

4. The syndicate
The ‘Syndicate’ is a temporary group of individuals or firms who might come together for the period of the STO with the intent of handling large-scale transactions, which otherwise would’ve been very difficult to manage individually.

5. Leadership & Governance
Blockchain related experience might take a backseat in lieu of business experience since unlike ICOs the ability to run & steer the business is more critical than just being a technology geek. Equally important would be ‘governance’. Being under the purview of the SEC would by default call for some governance and transparency and it is not something one can circumvent at will.

Check out the full story: Medium
Top 100 Coins by Market Cap
Top 5 Gainers
Top 5 Losers
Mobile App: Android | IOS
Get to know us personally now
Telegram | News Channel | Facebook | Twitter | DiscordInstagram
😍 Like our newsletter? Share it with your friends
Gecko Labs Pte. Ltd., 101 Upper Cross Street, 058357, #05-16 People's Park Centre, Singapore
You may unsubscribe or change your contact details at any time.