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Blockchain Newsletter: Paying $15 to Send $25 Has Bitcoin Users Rethinking Practicality [2017W40]

Altcademy Team wrote on 7 February 2018

This Week's Update on Bitcoin and Blockchain [2017W40]
Issue: Week 40 of 2017


  • Price per Bitcoin BTC is at ~$4300 USD (+14% from last Monday)
  • Price per Ether ETH is at ~$290 USD (+0.3% from last Monday)
  • Price per Bitcoin Cash BCH is at ~$405 USD (-4.4% from last Monday)


This week’s new initial coin offerings (ICOs)

  • RefToken is a decentralized solution for affiliate marketing.
  • Smart contracts will be used to govern conversion satisfaction and commission payouts.
  • Revenue and conversion data will be stored on the blockchain, allowing brands to audit affiliates for fraudulent behavior.
  • The token ReferalToken (REF) will be used for commission payments on the platform.
  • RefToken is planning to raise 27.5 Million Euros via an ICO.
  • A total of 50 Million REF tokens will be created, 44% of which are offered in the sale.
  • The presale is already underway and the public sale starts on 17 October 2017.

  • Horizon State is building a Ethereum based voting application.
  • It is using blockchain for its immutable data store.
  • Its uses range from polling, shareholder assembly to general elections.
  • The Decision Tokens (HST) is a utility token in the Horizon State platform.
  • HST will be used to purchase services, such as casting of votes.
  • A maximum of 1 Billion tokens will be created during the ICO with a funding goal of $30 Million USD.
  • The exchange rate is set between 3500 - 3000 HST per Ether with early buyer discounts.
  • The ICO is scheduled to begin on October 16, 2017.

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