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nuco.cloud @ Globiance IEO Platform – 2 Million Euro Deal signed with Silver Rock Group (Dubai)

Globiance announces a token sale of NCDT tokens of nuco.cloud, operated by Iron Eagle Capital GmbH, worth of €2,000,000 to Silver Rock Group (Dubai)

Birkirkara, Malta – 7 March 2020

Pursuant to an IEO partnership with Iron Eagle Capital GmbH, operating under its trade mark “nuco.cloud”, Globiance Europe OÜ (EE), operating under its trade mark “Globiance”, has sold NCDT (the tokens of nuco.cloud) to Silver Rock Group (Dubai) in the value of €2,000,000 in a structured transaction.

With this transaction Globiance was able to help nuco.cloud to achieve its soft cap within the scope of their IEO/ICO-Token Sale.

The tokens of nuco.cloud are classified as utility tokens. NCDT (NuCo Development Token) are issued to fully develop the nuco.cloud and can be converted to NUCO tokens at a later token swap in the same percentage ratio. Once fully developed, NUCO will be the payment unit of the nuco.cloud and can be used there to purchase computing power. NCDT is based on the ERC-20 standard while NUCO will use an individual blockchain.

Additionally Globiance will list the tokens of nuco.cloud and commence trading on the Globiance exchange on or about 1 July 2020 with trading symbol NCDT and after the token swap with the trading symbol NUCO.

Currently the tokens may be purchased on the IEO platform operated by Globiance (https://exchange.globiance.com/ieo/launchpad/NCDT) as follows:

Between 1 October 2019 and 31 March 2020 at a price of €0.32 per token

Between 1 April 2020 and 31 May 2020 at a price of €0.64 per token

Between 1 June 2020 and 30 June 2020 at a price of €1.28 per token

Before that nuco.cloud completed its latest placement of its tokens at a price of €0.16 per token between 1 August 2019 and 30 September 2019 and a previous placement at a price of €0.08 per token between 23 May 2019 and 31 July 2019 on their own website.

Not including the tokens purchased by Silver Rock Group (Dubai) from Globiance, the current supply of NCDT tokens is 8,901,775 as of the date of this news release.

About Globiance:

Globiance – Merger of a Bank and a Crypto Currency Exchange

Globiance provides financial services for professional and personal customers. The

Globiance platform covers exchange and trading of Crypto and Fiat currencies, payment

solutions and worldwide transfers.

Globiance is one of the few platforms with a global approach and additionally features integrated individual bank accounts for each client. We focus on the user experience of buying and selling crypto combined with the ability to instantly withdraw Fiat to the integrated accounts and a personal client support that does not hide behind emails.

A full EU IBAN bank account (SEPA+SWIFT) can be opened for every client from Europe, Asia, Africa, Middle East, South America, Australia and New Zealand.

Further information can be obtained on https://globiance.com.

Additionally, the CEO of Globiance, Oliver La Rosa can be contacted by email at olr@globiance.com.

LinkedIn: https://www.linkedin.com/in/olarosa

About nuco.cloud:

Nuco.cloud is a new sharing economy platform for network computing based on BOINC (Berkeley Open Infrastructure for Network Computing), originally created by a team based at Space Science Laboratory at the University of California, Berkeley, in 2002 to support scientific research in need of computing power for large computing calculations like SETI@home.

Nuco.cloud allows the monetisation of the unused computing power of smartphones, computers and/or servers through the easy and simple to use nuco.client app. The system connects the computing power of providers into a decentralised “supercomputer” and sells it to the clients by using the blockchain for instant payment in nuco.cloud tokens which can be further exchanged to other cryptocurrencies or FIAT. With this “pay on demand” approach the costs of computing power can be cut down by more than 75% compared to existing cloud computing services offered by Amazon Web Services, Google Cloud Computing and Microsoft Azure.

Nuco.cloud is the first ever blockchain project to receive a grant from the German Federal Ministry of Economics (https://www.bmwi.de/Redaktion/DE/INVEST-DB/iron-eagle-capital-gmbh.html).

The whitepaper of nuco.cloud can be accessed at the following link https://nuco.cloud/whitepaper.

Further information can be obtained on https://nuco.cloud.

Additionally, the CEO of nuco.cloud, Tobias Adler can be contacted by email at t.adler@nuco.cloud.

LinkedIn: https://www.linkedin.com/in/tobias-adler

About Silver Rock Group (Dubai):

Silver Rock Group (Dubai) (“SRG”) Specializes in Structuring & Investing in a variety of Financial Instruments including Private Placements, Pre-IPO opportunities, Private Equity Accumulation of Undervalued Securities, and Special Situations. Recent concentration has been on Technology opportunities. SRG has diversified its investment strategy to include the purchase of cryptocurrency tokens. SRG is seeking issuers with innovative management teams and disruptive technologies operating in the blockchain space. SRG will negotiate the acquisition of new tokens in pre-IEO offerings, IEO offerings and existing tokens listed on exchanges via private placements. SRG has established a network of accounts and wallets across multiple regulated exchanges.

Further information can be obtained on https://www.silverrockgroup.com.

Additionally, the CEO of Silver Rock Group (Dubai), Ezzat Jallad can be contacted by email at ejallad@silverrockgroup.com

LinkedIn: https://www.linkedin.com/in/ezzatjallad

How IEOs Are Succeeding In 2020 – Everything you need to know to launch and participate in one

Last year marked the turn of the crypto fundraising landscape with the steady decline of ICOs, ushering in initial exchange offerings. Better known as IEOs, this new model of fundraising is overseen by crypto exchanges through launchpads where users are allowed to purchase tokens directly using funds that are stored in their exchange wallets.

The incredible thing about IEOs is that tokens offered through this mode are immediately listed on exchanges. Binance, one of the leading crypto exchanges in the world, pioneered this mode of fundraising in 2017; however, it didn’t take off until 2019 after they launched their launchpad platform, which was dedicated to supporting at least one good project every month.

True to their word, Binance has managed to help over 13 projects hold successful IEOs on its platform.

Other exchanges like Bittrex, KuCoin, Huobi, CoinBene, Liquid, Globiance, ProBit, and many more have jumped on the bandwagon with launchpads of their own and have launched several IEOs. The rising number of platforms supporting IEOs in 2020 means ICOs are slowly becoming a thing of the past.

Some of the reasons prompting crypto exchanges to offer IEOs include the need to boost liquidity, the need to provide their users additional value by allowing them to fundraise various projects, and the quick realization that IEOs are replacing ICOs as the preferred mode of fundraising.

Why Offer IEO Over ICOs

IEOs boasts several advantages over ICOs, including the fact that they can be trusted. This is because platforms offering IEOs conduct their due diligence by screening every project that seeks to fundraise on its platform; therefore, investors don’t have to worry about the legitimacy of the projects.

IEOs offer security and protection to both the investor and the token issuer since the platforms handle the KYC and the AML process. Additionally, projects are assured of getting their tokens listed quickly, and this makes the process easy for project issuers.

Requirements To Offer An IEO

With projects that meet the necessary requirements to offer an IEO guaranteed to raise funds easily and quickly, being well prepared for the fundraising cant be taken for granted. Platforms offering IEOs have rigorous demands, and its best for any project to ensure it stands the best chance to qualify for one. After analyzing many past successful IEOs, we have identified a few factors that are key if a project is to be eligible for an IEO.

These include; having a robust business model that is backed by a strong team. ICOs were able to thrive due to the lack of scrutiny from qualified sources. When it comes to exchanges and other platforms offering IEOs, they are more discerning and cannot support projects that lack solid business models. These platforms must see a clear path to success for your project, and for that to happen, you need to have a capable team to execute the plan.

Another critical factor is having a product that solves a real problem. The product could be already existing before the IEO is held or could be in development like it has been the case with some of the projects we have seen so far.

Also, it’s vital to set a low hard cap. With the death of ICOs imminent, gone are the days when projects could aim to raise tens of millions of dollars through token sales. A low hard cap of around $5 million can be more attainable.

Another factor is creating a large and active community base. An IEO helps expose a project to new users; however, if a project is to stand a chance with the IEO hosting platforms, it should be able to generate enough public interest on its own. One thing you need to know about exchanges is they are highly unlikely to support projects that haven’t built themselves a large and active community of users.

Other factors include the assurance that the token on offer is not a security token, and this needs to come from a trusted legal company. Also, a white paper that addresses the financial model of the project, also known as tokenomics. The use cases of the product, its potential market, and its competitors.

Factors To Consider When Choosing An IEO Platform

The platform’s reputation – credibility and reputation are two of the most important factors when choosing a place to launch an IEO. Since these exchanges conduct due diligence on projects, you need to be able to trust them completely.

  • Ease of use – the process of participating in an IEO should be as frictionless as possible.
  • Security and stability – these platforms should be robust and secure since they attract many investors from different backgrounds.
  • Liquidity – a great IEO platform should offer projects with an abundance of investors to trade on its token.

3 Top Platforms To Offer An IEO

Binance

Binance pioneered IEOs in 2017 and since then has supported over 13 projects through it’s launchpad. Right now, it represents one of the best token launch platforms’ around thanks to use of leading technology (the ability to process over 1,400,000 orders per second) and multiple high-level partnerships that bring masses of investors for every token sale. Thus, liquidity isn’t a problem for this platform.

Due to the vast number of investors available on the exchange, the platform uses a lottery method to offer everyone a chance to participate in IEOs. In most cases, users have to purchase BNB to participate.

Globiance

Launched in 2018, Globiance is another top IEO platform that offers projects with all the necessary tools to raise funds on its platform through an IEO. The platform provides a high liquidity market, excellent exposure to projects, and token listing opportunity on a leading exchange. If you plan to launch your IEO through this platform, you should be prepared since the exchange thoroughly checks if projects meet the required criteria before being listed.

Also, Globiance offers financial services for both professional and personal customers.

It’s one of the few platforms that offer a global approach with integrated individual bank accounts for each client. The platform focuses on excellent user experience when it comes to buying and selling tokens as they are allowed to withdraw fiat to their integrated account instantly. It also boasts excellent and responsive customer support that is always available to help.

On the platform, IEO tokens can be purchased using GBEX, the native token of the exchange.

OK Jumpstart

This launchpad belongs to OKEx and supports quality blockchain projects.

The platform boasts all the necessary features of a top-notch IEO platform, including high liquidity, exposure to projects, and token listing opportunity.

To avoid oversubscription, OKEx introduced a subscription plus allotment approach. It consists of a 30-minute subscription window before an IEO takes place, and once the maximum limit is reached, it closes. The allotment part dictates that investors should hold a minimum of 500 OKB tokens for at least seven days or at least 3500 OKB before the token sale.

Tips For Offering An IEO

It’s vital to understand that IEOs are for projects that seek to launch utility tokens. Utility tokens are simply units of account for the network where they are issued on.

Since the number of the tokens is fixed, as the network grows, so does the utility of the token. The demand of the tokens grows as the size of the network and the number of transactions grows.

Utility tokens offer the holders of the token the right to use the network. Also, they allow them to take advantage of the network through voting. But it’s key these tokens fail the Howey test otherwise they would qualify for security tokens.

Amazing Crypto Atmosphere in Turkey

As blockchain adoption continues to rise, there is an amazing crypto atmosphere in Turkey. The locals not only embrace the virtual currency but are appreciating the many use cases the new digital asset has ushered in. The wild adoption of the currency in the country is because there no regulations governing crypto and digital tokens in place.

Additionally there is a team working behind the scenes to classify the current digital assets in the country. Led by the Turkish Central Bank, a team has been tasked with coming up with a framework to regulate the market. However, before the framework is established, cryptocurrency goers are having a field day in the Turkish digital money market.

Is Turkey the Future Crypto Haven?

With the wide spread Bitcoin and altcoin adoptions among the Turks heading north, authorities are working on an oversight mechanism with regulators set to increase supervision on the decentralized asset class. On top of being perceived as the future crypto haven, more than 20% of Turks already hold bitcoin or altcoins.

In a recent report published by a leading local daily Hürriyet, all indications show that crypto ownership in Turkey is among the highest globally. With a population of 82 million Turks embracing crypto has been on the rise since the market boom of 2017.

Awesome Crypto Use and Awareness in Istanbul

A brief check in the Turkish capital, Istanbul s show that shops buying and selling crypto can be found all over the city. There are no dull moments for crypto holders and the digital money economy thrives unabated.  The awesome crypto awareness and usage has prompted the authorities to strategize on regulating the market.

Despite the manipulative nature of cryptocurrency trading, the Turkish government is yet to come up with a regulatory framework to streamline the industry. The current efforts by the authorities seem to create more awareness leading to increased holding of Bitcoin and other altcoins.

Discrete and Subtle Crypto Transactions

Buying and selling crypto is highly discreet and subtle and Turkish traders, especially the online goers prefer crypto to the local fiat currency.  Crypto comes with additional privacy and security and transactions are online which excites the Turkish population.

With a vibrant crypto user base, Turkey is becoming the hotspot for crypto. Blockchain investors are setting their eyes on setting up base in the country given the crypto friendly atmosphere being enjoyed at the moment.

Future Crypto Outlook in Turkey

With an amazing crypto atmosphere in Turkey, issuing a native digital currency could be the future of the economy. The user network is highly developed and a digital fiat could tap into the Turkish potential in the future. Coupled with deteriorating Western allies relations, developing a blockchain backed currency could be the future of the local economy.

However, the future of Bitcoin and altcoins in Turkey will depend on the outcome from the working group that is tasked with coming up with a regulation framework.  This will tap into the already existing and amazing crypto community.

Notarised @ Globiance IEO Platform – Token sales launched!

Notarised Platform

Sign – Notarize – Protect

Notarised.io is a decentralized application build on top of the blockchain that helps you sign, notarize and verify any type of document. It gives you the ability to upload your documents create new documents or reusable templates in no time, by collaborating with your team in a real time environment.

The entire team has been working together for the past 2 years, This team shares the same passion, about working on a product that will help individuals, and businesses in improving their lives. The team was started with the two co-founders while working on projects that utilized digital signing technologies. We saw an opportunity in this industry, which required initial analysis of the market and the potential technologies that can be used. The team started growing as the need for different areas of the idea development was growing, such as Product Analysis, Design, Development, Marketing and Business Development. Some of us have been friends for a long time, and we introduced people to the team by knowing each team member as a passionate, proactive business professionals that can contribute and drive this idea and team to success.

During our journey we are glad to share some of our major achievements for the past two years:

  • One of the three winners of the Startup pitch competition at the Tech4Muni Hackathon organized by the UNDP and with the support of three municipalities in Oct 2019, North Macedonia
  • 2nd place at the Startup Pitch Contest that was held at Malta Blockchain Conference in Nov 2019
  • 10.000.000 Tokens sold in a private sale to the investors of our partner Silverrock Group
  • We have officially signed a contract with Municipalities of Veles and Gostivar in North Macedonia for implementing our solution within the municipalities’ institutions. Main supporter and partner in the entire process is UNDP.
  • Officially signed agreement to list Notarised token on Globiance as an exchange platform

nuco.cloud @ Globiance IEO Platform – Token sales launched!

Supercomputer at your fingertips

Use immense Computing Power from wherever you are. It doesn’t matter if you are at your Desktop-PC, Laptop or even Smartphone!

Easy to use distributed supercomputer

We´re developing the nuco.cloud with user-friendliness in mind. With a simple dropdown option you can use the giant computing power of a distributed supercomputer powered by BOINC technology (Berkeley Open Infrastructure for Network Computing)

Recipient of the BMWi-Grant

nuco.cloud is the first ever blockchain project to receive a grant by the BMWi (German federal ministry of economics and energy)

We support science and universities

Since the technical basis of the nuco.cloud comes from the scientific sector, we also want to give something back. For every project you calculate in the nuco.cloud, a part of the tokens will be donated to scientists so that they can calculate their research free of charge

AYO – Interview Globiance CEO Oliver La Rosa and Simona Pinterova

AYO News

Simona and Oliver La Rose, CEO of Globiance, chat about the problems ‘high-risk’ clients have accessing traditional #banking services, and how #Globiance is offering solutions.

Oliver explains why traditional banks don’t want to serve what they consider to be ‘high-risk’ clients, and how Globiance has partnered directly with banks to offer an innovative solution that seamlessly combines access to #cryptocurrencies and multiple #fiat #currencies.

Silver Rock Group Dubai invests in Globiance IEO projects

Globiance signed a cooperation agreement with Silver Rock Group.
SRG, headed by Managing Director Ezzat Jallad offers investment up to 2 Million Euro in projects listed on Globiance.

Silver Rock Group Specializes in Structuring & Investing in a variety of Financial Instruments including Private Placements, Pre-IPO opportunities, Private Equity Accumulation of Undervalued Securities, and Special Situations. Recent concentration has been on Technology opportunities. We also specialize in introducing New Technologies to the MENA region, through JV’s & Licensing of the Technologies.

SRG through its related entities, sources, analyses & structures the transactions, Leads the financings & offers them to its Co-Investors. For over seven years SRG had offices in Shanghai with a team of five professional where we invested in over 60 Chinese companies These investments ranged from PIPE transactions to Private Equity Investments, to spearheading a complete turnkey solution for these companies, where the focus was to offer growing medium size Chinese growth companies a program for going from a private PRC entity to doing an IPO, assisting in all aspects , including restructuring, raising capital, enhancing management & internal controls, and preparing to become a traded company to access the Capital Markets.

SRG has diversified its investment strategy to include the purchase of cryptocurrency tokens. SRG is seeking issuers with innovative management teams and disruptive technologies operating in the blockchain space. SRG will negotiate the acquisition of tokens listed on exchanges via private placements. SRG has established an account with a regulated exchange with a network of wallets across multiple exchanges.

Ezzat Jallad, Managing Director, Group

Ezzat Jallad is responsible for the Group’s Strategy & Management as well as the structuring of the transactions

For the last 25 years, Mr. Jallad has been investing in small and medium-sized companies. He has structured and completed numerous Private Placements in US & Chinese Companies, and has extensive knowledge in both Private Equity and PIPE (Private Investments in Public Equities) transactions, and Pre-IPO Investments in Technology Companies.

Ezzat Jallad founded the Silver Rock Group.

Ezzat Jallad has served on Board of Directors of US public Companies, including various committees; has taken private companies Public, being responsible for Restructuring & Financing, as well as assisting with formulating the Equity story, and preparing the companies to enter the Capital markets.

Previously Silver Rock group operated in China, with offices in Shanghai with a team of 5 professionals, where we performed the Preliminary Financial Due Diligence & Legal Due Diligence; Invested in the first round, brought in Co-Investors, and assisted the companies on all undertakings to become Public Companies.