Cryptopulse

Bootstrapping a blockchain project with ZERO investment  A featured episode with DVN project

Does it really take MILLIONS of dollars to get a blockchain project off the ground? These bright young entrepreneurs from Germany don't think so. We discuss the fundamentals of "boot strapping"crypto projects and challenging the idea ICOs are ALWAYS required.

Listen to the podcast in full and learn how the world of web development can be disrupted by some very smart German students!

Check out their website here: https://dvn-project.net/

Join the telegram community here: https://t.me/dvntoken

Follow the DVN token project on Twitter here: https://twitter.com/DVNToken

The Problem

Hate speech, duplicate question, and unnecessary roughness lower the quality of conversations on the internet.

Especially on developer discussion platforms, this results in many non-deferential conversations missing their goal.

The Solution A rewarding Q&A Portal:

A questioner will be able to set a DVN tip reward on his question. Whoever gives the best and detailed answer (determined by the questioner and the community) receives the tip.

Profit over Time:

If someone has a question that already has been answered before, he can tip the answer. The person who delivered the helpful answer and the person who initially created the question both receive 2/5 of the tip.

Supporting new Users:

New users will receive an initial registration bonus in DVN out of the platform pool. To keep the pool up, a share of a tip will go into the pool.

Preventing duplicate questions:

They will set up an intuitive search function to prevent duplicate questions. Already created questions should receive the whole attention to possibly receive more and more tips over time.

Which exchanges are they listed on?

• ForkDelta
• IDEX
• Next.Exchange
• Macro.Exchange

 

We spoke to DVN Project and asked them for some extra information that might not be on the site. They told us:

What are the next steps:

-      We are building a separate “VIP” Slack community for the part of the DVN community that is interested and supports our project idea.

-      Starting next week we will develop a One-Pager (together with the community in Slack) as a Teaser for the Whitepaper.

-      Furthermore, we will build the DVN platform with core features and then develop the advanced features together with the DVN community.

Project background:

-     We are 3 informatics students in Germany (all finished Bachelor’s degree)

-     The idea resulted in our of our daily work with Developer portals like Stackoverflow.

-     The project is non funded. We try to make this work without external initial investments.

Additional Disclaimer:

The Cryptopulse team is sometimes rewarded by featured crypto projects in the form of tokens.

 

Ways to connect with Cryptopulse

• Cryptopulse Facebook
• Contact us directly via [email protected]
• Join our VIP group
• Join our TELEGRAM group
• Follow us on Twitter
• Follow Kevin on Twitter
• Follow Ben on Twitter

Cryptopulse Highlights

Listen to our EPIC interview with the UK’s #1 Crypto Expert, Phillip Nunn.

Go here!

New to Cryptopulse and want to go back to the start?

Episode One!

Subscribe or listen elsewhere

• Itunes
• Stitcher
• Google Play

We are active in these places:

• Twitter: @crypto_pulse // @KevinBasham // @BenAtFamous
• Facebook: VIP Community // Facebook Page
• LinkedIn: Kevin Basham // Ben Rees // Cryptopulse
• Instagram: Crypto_pulse // Kevin // Ben
• Email: [email protected]
• Telegram: Cryptopulse

DONATE CRYPTO TO THE SHOW:

If you’ve enjoyed the show then we really appreciate donations. This helps us keep the electricity running, food in our bellies and goes some way to covering our production, marketing & running costs.

Litecoin (LTC) LWQGzvMuNLaDiF5yjjPhFbo6bPTmeE65vn

Ethereum (ETH) 0x54d53c11f43e12e289ed69845ef1fd017bd4c488

Bitcoin (BTC) 1Ju1HRQHFkQQhYrT52WbBMX2BwwLK1F1cf

Knowing your tax liability

This guide is not legal advice; for that, please consult a tax professional.

 

Adrian Markey is a chartered accountant and crypto tax specialist based in Northern Ireland. His firm was shortlisted for Best New Firm at Practice Excellence 2017, which awards the top accountancy firms in the UK. - https://cryptotax.uk/

 

The main thing to remember is to keep records!

 

• Bear in mind that exchanges that are around now might not be in a few years’ time when you decide to sell.
• Most exchanges will let you download CSV files of your trades.
• If you are feeling lazy, at least try to take a screenshot of recent transactions you have made.
• You can create a separate email address for all your crypto records so that you can quickly email files to yourself for reference later. Please don’t let your security details come anywhere near it though!

 

Here are some common positions you may find yourself in:

 

1. You’ve bought Bitcoin or another coin or Token

When you buy bitcoin or cryptocurrency, nothing is expected of you at point of sale. However, you will need a record of the price you bought it at to calculate taxes when you sell it in the future.

 

1. I was given some bitcoin, coins or tokens!

 

For future tax purposes, make a note of the value of the gift on the date of the gift.

 

1. I’ve just sold some Cryptocurrency for FIAT (GBP, USD etc)

 

The tax that you might be liable for in this instance is Capital Gains Tax (CGT) – a tax on the profit that is made when you sell something that has increased in value. If tax is due it is only on the gain that you have made, not the entire amount you receive from the sale. This is why keeping records of the purchase value of your cryptocurrency is important. You can also include transaction costs such as transfer fees when calculating your gain.

 

The annual tax-free allowance for an individual’s asset gains is £11,300 for 2017/18. So if the profit from selling your cryptocurrency, in addition to any other asset gains, is less than this, you won’t have to report or pay tax on it.

 

However, if you sell up to four times the annual allowance (£45,200 for 2017/18) of crypto-assets, even if you make a profit of less than £11,300, you have to report this sale to HMRC. You can do this either by registering and reporting through Self Assessment, or by writing to them at:

 

PAYE and Self Assessment

HM Revenue and Customs

BX9 1AS

United Kingdom

 

An extra tip for married individuals: you can gift up to £11,300 of assets to your spouse, and use their Capital Gains Tax allowance, thereby getting up to £22,600 of capital gains tax free annually.

 

You have two options for how you declare your gains to HMRC:

 

1. As soon as you want after the sale using the ‘real time’ Capital Gains Tax service

 

1. In your annual Self Assessment tax return

 

HMRC will then contact you with instructions for payment.

 

1. I’ve just sold some crypto for other crypto or started trading!

 

Until you declare yourself as a trader to HMRC (as below), you are considered an investor and your annual gains are subject to Capital Gains Tax as above.

 

Remember that even if you make less profit than the CGT allowance but have sold more than four times the allowance worth in cryptocurrency, then you have to report this to HMRC as above.

 

If you have made more than the CGT allowance then you will have to report and pay tax on your gains. Bear in mind that every single trade you make – even crypto to crypto – impacts tax calculations. (To calculate capital gains on a crypto to crypto trade, convert everything into GBP value at the time of the trade. I know.. it’s crazy.) So if you have made a significant number of trades, it is probably worthwhile getting a tax professional just to make sure you get things right.

 

Advice from HMRC was to consider the tax rules governing the sale of shares (which can be found here and in further detail here) as comparable to the sale of cryptocurrency.

 

What is significant with respect to CGT is the concept of share matching, roughly translated to a complex example BTC scenario as follows:

 

1. I think I’m a trader?! I trade a LOT!

 

If you trade crypto but are unsure whether your trading constitutes a ‘trade’ in the eyes of HMRC, they suggest looking up the badges of trade to see how many you fulfil. However as this is not clear cut in any form, it’s probably best to discuss your position with a tax professional, as if you do qualify, you have to set up as a sole trader, after which your gains will become subject to Income Tax, not CGT. Usually your tax burden will be higher as a result.

 

1. I’VE BOUGHT SOMETHING USING CRYPTOCURRENCY

 

When you spends cryptocurrency in order to purchase a good or a service, this is still considered an asset disposal and has to be assessed as such.

Ways to connect with Cryptopulse

• Cryptopulse Facebook
• Contact us directly via [email protected]
• Join our VIP group
• Join our TELEGRAM group
• Follow us on Twitter
• Follow Kevin on Twitter
• Follow Ben on Twitter

Cryptopulse Highlights

Listen to our EPIC interview with the UK’s #1 Crypto Expert, Phillip Nunn.

Go here!

New to Cryptopulse and want to go back to the start?

Episode One!

Subscribe or listen elsewhere

• Itunes
• Stitcher
• Google Play

We are active in these places:

• Twitter: @crypto_pulse // @KevinBasham // @BenAtFamous
• Facebook: VIP Community // Facebook Page
• LinkedIn: Kevin Basham // Ben Rees // Cryptopulse
• Instagram: Crypto_pulse // Kevin // Ben
• Email: [email protected]
• Telegram: Cryptopulse

DONATE CRYPTO TO THE SHOW:

If you’ve enjoyed the show then we really appreciate donations. This helps us keep the electricity running, food in our bellies and goes some way to covering our production, marketing & running costs.

Litecoin (LTC) LWQGzvMuNLaDiF5yjjPhFbo6bPTmeE65vn

Ethereum (ETH) 0x54d53c11f43e12e289ed69845ef1fd017bd4c488

Bitcoin (BTC) 1Ju1HRQHFkQQhYrT52WbBMX2BwwLK1F1cf

Nucleus Vision (NCASH)

Founded at Harvard University, Nucleus Vision is an IoT-based, contactless identification system that empowers retailers to identify and better serve their customers.

It can be used in bricks and mortar businesses such as hotels, retailers and holiday resorts. The potential market is HUGE as it can be used globally.

So the idea is that there is NO app requires, NO bluetooth or even facial recognition for the technology to operate! Their proprietary technology has a sensor which allows the customer information to be securely sent to the retailer over blockchain (upon customer consent). The retailer then receives intelligent information about the customer from the wider network of other retailers. All information feeds into the deep Nureon network.

https://nucleus.vision/

BitBay (BAY)

BitBay is a suite of free-to-use, multi-platform applications including the world’s first fully-functional Decentralized Marketplace.

Powered by Unbreakable Smart Contracts and a Proof of Stake 3.0 cryptocurrency, BitBay enables you to buy and sell goods and services securely and anonymously, without the need for middlemen.

https://bitbay.market/

ICOs we like

VINChain

VINchain solves the problem of vehicle history being lost, distorted or manipulated using blockchain technology. Not only this, it can track driving habits to reduce insurance premiums.

Entrepreneur Magazine voted them as one of the top 15 ICOs of the year.

They are currently in ICO stage and are nearly funded.

https://vinchain.io/

COINFI

CoinFi offers crowdsourced and professionally curated research, analysis, trading signals, trading algorithms, and market-moving news to give cryptocurrency traders the real-time market intelligence needed to gain an edge.

Financial Intelligence for Crypt trading

https://www.coinfi.com/

 

Ways to connect with Cryptopulse

• Cryptopulse Facebook
• Contact us directly via [email protected]
• Join our VIP group
• Join our TELEGRAM group
• Follow us on Twitter
• Follow Kevin on Twitter
• Follow Ben on Twitter

Cryptopulse Highlights

Listen to our EPIC interview with the UK’s #1 Crypto Expert, Phillip Nunn.

Go here!

New to Cryptopulse and want to go back to the start?

Episode One!

Subscribe or listen elsewhere

• Itunes
• Stitcher
• Google Play

We are active in these places:

• Twitter: @crypto_pulse // @KevinBasham // @BenAtFamous
• Facebook: VIP Community // Facebook Page
• LinkedIn: Kevin Basham // Ben Rees // Cryptopulse
• Instagram: Crypto_pulse // Kevin // Ben
• Email: [email protected]
• Telegram: Cryptopulse

DONATE CRYPTO TO THE SHOW:

If you’ve enjoyed the show then we really appreciate donations. This helps us keep the electricity running, food in our bellies and goes some way to covering our production, marketing & running costs.

Litecoin (LTC) LWQGzvMuNLaDiF5yjjPhFbo6bPTmeE65vn

Ethereum (ETH) 0x54d53c11f43e12e289ed69845ef1fd017bd4c488

Bitcoin (BTC) 1Ju1HRQHFkQQhYrT52WbBMX2BwwLK1F1cf

Big Data vs Blockchain - The Unspoken War!

In this Episode, we discuss the "Unspoken War" between Big Data and Blockchain. Centralised applications such as Facebook have been the highlight of conversation in the last few weeks, the shocking news of the Cambridge Analytica debacle peaked our interested. Here's what we cover on in Episode 16:

What happened with Cambridge Analytica and Facebook's data - in layman's terms.

How the Trump election campaign allegedly used the data to influence the public voting decision.

The pathetic response from Facebook's Mark Zuckerberg on CNBC https://www.cnbc.com/video/2018/03/22/mark-zuckerberg-im-really-sorry-that-this-happened.html

How Blockchain can solve some of these problems with decentralized social platforms

The power of decentralized applications in other sectors

JOIN OUR VIP TELEGRAM GROUP HERE for all the latest news, views and interviews

Usually, we'd invite you to join our VIP Facebook Community on Facebook however in the spirit of this episode we're not going to do that!

Interview with the founders of iCrowdU

In this episode, Kevin speaks to Alex Holtermann and Ian Wright from iCrowdu.

These talented and high energy entrepreneurs are set to disrupt the crowdfunding space with their revolutionary blockchain project. We cover a whole host of different questions including:

 

• How they both started in crypto & blockchain including Alex’s multi-million-dollar mining idea which failed to get off the ground. Thankfully he had another “bite of the cherry” and co-created iCrowdu.
• The problem iCrowdu is solving by providing a peer to peer service between producers & consumers. They save a staggering 70% on average bypassing traditional e-commerce or retail channels.
• How the crowd token will work to help fund projects
• The power of the crowd to help products go viral!
• Some of the issues around current crowdfunding methods such as Kickstarter

Ben & I were really impressed with these guys and Samson William (who we interviewed in Episode 6) is an advisor.

We strongly suggest you check out the token sale website here: http://www.crowdtoken.sale/

 

P.S. Don't forget to join our FREE VIP Community today where you can get all the latest crypto news, views and interviews http://www.cryptopulse.co.uk/join-the-vip-group/

Interview with Entrepreneur, CEO & Crypto expert Phillip Nunn

Introduction:

Phillip Nunn founded The Blackmore Group in 2013. Today it’s grown into a business with substantial assets under management and a suite of investment products across multiple classes for individuals and institutions in the UK and overseas.

With more than 15 years’ experience in financial services, Phillip specialises in wealth management, angel investment, commercial property investment and financial technology. He founded The Blackmore Group on the core belief of giving clients real and tangible alternatives to poor investment performance and providing “future proof” investment strategies.

Phillip has become a well-known, online influencer in the blockchain and crypto space and has travelled the world evangelising and talking on these subjects. Phillip has sat on the advisory boards of many ICO's over the past 12 months and has helped structure and fund some of the biggest companies of the future. Along with his business Wealth Chain, Phillip will be launching his own crypto fund that looks to invest in ICO's along with existing blockchain technology companies.

 

Here are some of the topics we cover:

Picking some of the best ICOs and the areas

How regulation can be a positive for the crypto space

How traditional investment institutes may come into crypto

Phillip's take on the Coinbase fund

Whether Cryptocurrencies can be used in everyday commerce

Some of the ICOs Philip is working with including:

 

Evareium https://www.evareium.io/home

The Coin telegraph story https://cointelegraph.com/press-releases/evareium-successfully-digitalizes-real-estate-investment-and-utility-via-blockchain

 

TV TWO https://tv-two.com/

** We also have a world exclusive on the project!**

 

Phillip’s Linkedin profile  https://www.linkedin.com/in/phillip-nunn/

Phillip’s Twitter https://twitter.com/phillipnunnuk

The Top Five Crypto Fails of All Time!

Welcome back! We’ve got a treat for you here, or is it a trick? It’s hard to tell with some of these fail stories, and, of course, there were so many crazy tales from the cryptosphere that we couldn’t possibly write about them all. We’ve chosen five that the Cryptopulse team thought were pretty darn hilarious!

10,000 Bitcoins… for pizza?!

May 22nd, 2010, programmer Laszlo Hanyecz paid a fellow ‘Bitcoin Talk’ forum user 10,000BTC for two Papa John’s pizzas. At this time, Bitcoin was only about a year old, and all of those BTC were worth just $25. At today’s price, that’s about £66.5m for our British readers, and $92m in US dollars. Staggering.

This is largely considered the first real-world Bitcoin transaction, and is celebrated as such each May 22nd. For most people reading, this is pretty hilarious, at Laszlo’s expense!

“It wasn’t like bitcoins had any value back then, so the idea of trading them for a pizza was incredibly cool” – Hanyecz in 2013, denying the fail.

Millions lost when Mt Gox collapsed

This fail is much worse than £66m pizza – this fail cost nearly half a billion.

In February 2014, then largest crypto-trading platform ‘Mt Gox’ went bankrupt and shut down, losing 850,000 bitcoins and £22m of user cash. The Tokyo-based exchange pointed the finger towards hackers who exploited a software security weakness, but later revealed they had found 200,000 of the coins.

The fail deepens. The chief of Mt Gox, Mark Karpelés was arrested, accused of embezzlement of user funds, and is largely responsible for the total fail that left 127,000 people out of pocket and claiming money back. He managed to avoid prison, but must remain in Japan.

Karpelés is a bit of a failure specialist as it happens, having been caught ‘pirating’ servers several times in France, and being accused by Ross Ulbricht, creator of the Silk Road, as the true mastermind behind the dark web marketplace.

Where did HODL come from?

If you caught Episode 3 of our podcast, you’ll know all about HODL, and the story that accompanies it. But if not, or if you want further detail, here’s the post that led to the crypto-culture slang.

‘I type d that tyitle twice because I knew it was wrong the first time.  Still wrong. w/e. GF’s out at a lesbian bar, BTC crashing WHY AM I HOLDING? I’LL TELL YOU WHY.  It’s because I’m a bad trader and I KNOW I’M A BAD TRADER. Yeah you good traders can spot the highs and the lows pit pat piffy wing wong wang just like that and make a millino bucks sure no problem bro.  Likewise the weak hands are like OH NO IT’S GOING DOWN I’M GONNA SELL he he he and then they’re like OH GOD MY ASSHOLE when the SMART traders who KNOW WHAT THE FUCK THEY’RE DOING buy back in but you know what?  I’m not part of that group. When the traders buy back in I’m already part of the market capital so GUESS WHO YOU’RE CHEATING day traders NOT ME~! Those taunt threads saying “OHH YOU SHOULD HAVE SOLD” YEAH NO SHIT.  NO SHIT I SHOULD HAVE SOLD. I SHOULD HAVE SOLD MOMENTS BEFORE EVERY SELL AND BOUGHT MOMENTS BEFORE EVERY BUY BUT YOU KNOW WHAT NOT EVERYBODY IS AS COOL AS YOU. You only sell in a bear market if you are a good day trader or an illusioned noob.  The people inbetween hold. In a zero-sum game such as this, traders can only take your money if you sell.

so i’ve had some whiskey

actually on the bottle it’s spelled whisky

w/e

sue me

(but only if it’s payable in BTC)’

 

Explanation – Man gets drunk, decided to hold his crypto, misspells the title and becomes bitcoin folklore and slang!

Guy threw out 7,500 bitcoin in a hard drive

Well, at least Laszlo got two pizzas for his £45m loss! This guy got it so much worse.

Meet James Howells, from Newport, Wales, who threw out 7,500 bitcoins. Howells bought his Bitcoin back in 2009, when the tech was very new, and after years he simply forgot about it, until the boom. Then he remembered, oh boy, did he remember!

After spilling a hot drink on his computer, he simply threw it away. Now, he’s on a mission to get it back, and he says that it should be easier than if he’d lost a lottery ticket, in theory. Quite optimistic there James…

He’s on the lookout for investors who will help him excavate his local landfill to try and find the bitcoins, in exchange for a cut.

“I could go back to work for the rest of my life but then I would always be thinking about it,” Mr Howells said. “At least if I give it a shot, then it’s checked, the box is checked, I tried.”

Bitcoin and CoinDaddy

We couldn’t decided which of these was a more tragic fail – a 79 year-old rapper called Bitcoin, or a rapper who ‘spits’ exclusively about different cryptocurrencies called CoinDaddy.

Where do we even begin with this one?

Bitcoin

He raps about not having a cell phone, and that he still uses a landline, and he publicly addressed Donald Trump in what can only be described as… strange (link: viewer discretion advised). Bitcoin also has a song about smoking weed for his glaucoma. Why he is called Bitcoin we still don’t know, but he claims that whilst making a pilot for a new tv series, he was asked for make a rap music video for a sketch, and it evolved from there.

One thing that is not a fail, is the message behind his music, which is to help himself live longer and to remind other elderly people that they are still capable of doing the things they enjoy.

Learn about Bitcoin here.

CoinDaddy

Self-described as a bitcoin entertainer, personality and crypto-rapper, CoinDaddy is the sort of cryptospherical (it’s a new word) evolution that nobody in their right mind envisioned.

Laugh at him all you like, his shameless approach to ‘stardom’ has earned him a lot of crypto, a lot of YouTube revenue, and a lot of fans. He lives in the California Bay Area too, so he can’t be doing too badly!

In CoinDaddy’s cover of Eminem’s Stan, he does a pretty good job of writing a letter to Charlie Lee, founder of Litecoin. Here’s the chorus…

‘Charlie Lee just sold I’m wondering why

I bought Litecoin at all

The morning FUD drove down the price so

Now I can’t sell at all

And even if I could I would still just hold

With my limit on the wall

To remind me that I’ve got these bags, I’ve got these bags’

In this Episode, Kevin interviews Nate Ginsburg who talks us through his journey to becoming a crypto millionaire.

Nate Ginsburg is an Entrepreneur and investor with successful 7 figure exits. He’s also an international speaker.

Nate has been an early mover in the crypto space, is passionate about decentralization technologies, distributed teams, finance, and yoga. Nate also manages a self-funded 7 figure crypto portfolio.

After exiting his two businesses Nate smartly invested in two major currencies (Bitcoin & Ethereum) and has turned his investment into a 7 figure portfolio.

In the interview we talk about:

• How Nate manages the volatility of the crypto market
• How he diversifies his investments
• Some of the processes Nate uses for ICO picks
• Nate’s view on how blockchain can improve e-commerce businesses

We also discuss COINFI which is an exciting new project he’s involved with. They’re looking to bring Wall Street-style analytics to the crypto sector.

In this Episode, Kevin talks with the CEO of Votem.io

Today we’re excited to be joined by a Serial entrepreneur Pete Martin. He’s worked on 5 start-ups including several successful exits generating an average return to investors of 11 times invested capital!

Pete is the Founder and CEO of Votem Corp, a blockchain-based mobile voting systems company.

He’s also an Author of the upcoming book, "Sparking a Mobile Revolution; How Mobile Voting Will Change the World as We Know It.” 

Here are some of the topics we covered:

Pete’s background and how he was inspired by Peter Diamandis

The problem Votem is trying solve

A simple explanation of Votem and how it works

How voters could use the system and how it could provide an easy point of entry for voters.

We also ask the questions:

The democratic system has come under fire over the last decade, with lots of talk of political votes being rigged or outside manipulation - How does Votem ensure that manipulation doesn’t occur?

Votem’s Proof of Vote public protocol aims to provide irrefutable evidence of the result of a valid vote that was cast - how does this work?

How does your marketing evolve when you’re going from fundraising to educating potential customers?

PLUS a load more which you can listen to in this episode

We also have some questions from members of Cryptopulse VIP Community on Facebook.

Samuel Flatman asks:

My controversial question to Votem would be ‘Do you really think that Liberal Democracy will survive in our 24/7/365 social media manipulated world?’

Simon Rees asks:

Do you think the current system of voting is open to manipulation? If so do they think the political elite would ever adopt a system that they cannot manipulate?

You can check out Votem via the following links:

Website: https://www.votem.io/

Telegram: https://t.me/votem_ICO

Twitter: https://twitter.com/votem

We Chat with Agent Not Needed!

In todays episode, we speak with the co-founders of an ambitious property platform, aimed at decentralising the property market.

Agent Not Needed co-founder Anthony Pentland is an e-commerce expert with over 16 years experience in the industry. He ran the biggest Facebook ad campaign in the UK in 2015 and has over 7 years social media marketing experience.

Co-founder and digital content creator Petros Georgiou specialising in viral videos. He created the BIGscene TV Online Entertainment Network and has produced audio & video for games, TV and radio.

www.agentnotneeded.com

Tokensale.agentnotneeded.com

FB - https://www.facebook.com/agentnotneeded

Telegram - https://t.me/agentnotneededofficial/