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Blockshipping launching new and highly attractive revenue sharing model

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Blockshipping launching new and highly attractive revenue sharing model
Source: Blockshipping

The updated Revenue Sharing Model rewards all owners of Blockshipping’s CCC tokens with a significant part of all revenue generated by the Global Shared Container Platform [GSCP].

Copenhagen, 22 May 2018 – The Danish company Blockshipping is based on a sustainable business model that follows strict corporate governance. Blockshipping will become a successful company that will deliver significant cost savings and revenue streams for the container shipping industry. Subsequently, the reduction of CO2 emissions and pollution will be core aspects of the ecosystem.

The start-up is being partly funded by minting a token named CCC. The CCC token is unique since it will be linked to the revenue generation in the company. A large portion of the revenue will be assigned to the CCC owners while still allowing the company to be profitable and grow.

No cap on future reward on contributions

Blockshipping is grateful for the support of the GSCP project and the funds received thus far. To amplify the ownership of the CCC token, the company has decided to assign a larger portion of the revenue to all CCC owners than originally planned. Additionally, the model will be simplified and be much more rewarding for the CCC owners.

Until the revenue reaches USD 30.8 M in the company, the CCC owners will be rewarded 20% of the revenue. Thereafter, 3% of revenue will reach the CCC owners. The CCC owners will see their reward gradually increasing from an estimated 1.42% in 2019 to an estimated 19.43% in 2022. Furthermore, there is no cap on the reward and the success of the GSCP will continue to be shared with the CCC owners.

Complex decision process

Changing an already designed and published revenue share model is indeed not something to be taken lightly, and Blockshipping’s management has been working on this decision with assistance from financial experts for a while. Unfortunately, it took more time than expected and it was not possible to launch the change of the model at the same time as the opening of the public sale.

However, the Blockshipping’s CEO, Peter Ludvigsen, is now pleased to have more good news for the ICO contributors:

“This is great news for everyone, both existing and future token buyers, and I am really proud that we are now able to further reward our large community and many supporters by increasing the revenue share percentage in our revenue sharing model. We are very grateful to our supporters, and we want to make them happy.”

For more information, please contact:

  • Michael Juul Rugaard
  • E-mail: michael@blockshipping.io
  • Telephone: +45 44 40 31 32

Read more about the Blockshipping’s GSCP ICO, click here!




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Altcoins

Tron [TRX] energy cost to be reduced from 20 sun to 10 sun

Priya

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Tron [TRX] energy cost to be reduced from 20 sun to 10 sun
Source: Unsplash

The whole cryptocurrency market has been witnessing a steep downward trend for the past couple of weeks. Even the major cryptocurrency like Bitcoin [BTC], Ethereum [ETH] and XRP, have lost the battle against the ice king. This negative trend has broken down most of the new projects in the market, especially the investors’ sentiments. There are also a few projects and team that are finding it hard to continue their operations because of the bear’s ever-growing presence.

Despite this, Tron [TRX], the tenth-largest cryptocurrency by market cap, continues to make advancements in terms of network development. Justin Sun, the founder and CEO of Tron Foundation presented the second proposal, Proposal 9, has been approved by 2/3rd of the governing body. The proposal is aimed at making the network a developer friendly environment by reducing the energy cost from 20 sun to 10 sun, which, in turn, reduces the cost of smart contact.

Justin Sun's tweet on the proposal | Source: Twitter

Justin Sun’s tweet on the proposal | Source: Twitter

At the time of writing, the proposal had received 22 approvals and no disapprovals. The representatives who voted for the proposal includes Justin Sun Tron, Tron Society, BitGuild, Tron One, Lianjinshu, uTorrent, Crypto Guy in ZA, Infinity Stones, Alle Exchange, Tron Alliance, TronWalletMe, Raybo Tron, BitTorrent, Blockchain Org, CryptoChain, Sesameseed, callmeSR, DApp House, Tron Spark, TRX Market, Sky people, and Tron Europe.

The first proposal of the month was related to maximizing the energy limit of the network, which was also aimed at supporting the developers of the ecosystem. The proposal was approved by all 28 Super Representatives of the network. Super Representative are the representatives of the community and validators of the node who are elected by the token holders. These representatives are given the power to vote for the activation of the features of the Tron Virtual Machine, with the focus on the betterment of the entire community.

Earlier today, the CEO of the Foundation spoke about how Tron surpassed Stellar Lumens, the fourth largest cryptocurrency by market cap. He said on Twitter:

“According to @CoinMarketCap, there are 159 trading pairs of #TRON which already surpassed 157 trading pairs of Stellar. #TRX was already listed on more than 100 exchanges, including Crypto/Crypto & Crypto/ Fiat trading pairs”


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Analysis

XRP/USD Technical Analysis: Sideways movement to end as breakout imminent

Priyamvada Singh

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XRP/USD Technical Analysis: Sideways movement to end as breakout imminent
Source: Pixabay

As the cryptocurrency market switches their allegiance between the bull and the bear, XRP is painted red at the moment. The token is slumped by more than a percent wherein the coin is trading at $0.3 with the market cap of $12.4 billion. The 24-hour trading volume is calculated at $305.8 million.

1-hour

XRP 1-hour candlesticks | Source: tradingview

XRP 1-hour candlesticks | Source: tradingview

In the 1-hour price chart, the downtrend is ranging from $0.315 to $0.311 whereas the uptrend is extending from $0.301 to $0.308. A clear possibility of a trend breakout is visible as the prices are packed tightly, ready to explode in either direction.

The Parabolic SAR is bullish on the cryptocurrency as the dots have assembled themselves below the candles to support the bull.

The Aroon indicator is showing a greater strength in the downtrend, which is a bearish sign for XRP. However, it can be observed that the red trend is losing its power and crashing.

The Awesome Oscillator is slightly bullish on the coin as the bars have turned green at present.

1-day:

XRP 1-day candlesticks | Source: tradingview

XRP 1-day candlesticks | Source: tradingview

In the 1-day timeline, the downtrend is stretching from $0.51 to $0.31 whereas the uptrend has been observed from $0.27 to $0.3. A trend breakout is not visible as of now.

The Klinger Oscillator has made a bullish crossover by the signal line. This indicates that the reading line is traveling in favor of a green trend.

The RSI is extremely bearish on the cryptocurrency as the indicator has crashed to the bottom of the graph. A trend reversal is not expected as well, as the reading has not hit the oversold zone.

Conclusion:

In this technical analysis, it is clear that the indicators are giving a mixed sign, advocating for a sideways trend. However, since a trend breakout is predicted in the shorter timeframe, a bullish win might take over the price chart.


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