The balances in the purses of all OCC users are adjusted at the rate of 1:100. Now the cost of the OCC is $ 100! This is done in order to bring the assets of members of the Octoin community into line with the parameters of the starting OctoinCoin crypto currency. Thus, the Octoin team has achieved compliance with the requirements of international exchangers. In order to trade on large trading platforms, the price of a cryptocurrency should be not less than $ 100. This provides cryptocurrency with investor support and further development.
Today we will tell you a little about mining and its types. This will be useful for beginners. Also, the experienced crypto investors will be able to refresh the basic knowledge in memory. In order to talk about the types of mining you need to know about the definition of mining. So, "mining" is the process of mining the cryptocurrency. This is a natural way of obtaining a cryptocurrency using the power of a video card or processor. They perform certain calculations releasing new data blocks. For doing this, the owners of the facilities receive a reward.
It remains a very little time before the opening of a new era of development of our project: a full-fledged launch of our OctoinCoin cryptocurrency. The tasks for testing the systems readiness to work with OctoinCoin are almost completed. Until now there are several more work processes that have been going on: - There already have been successful extraction of the first genesis block (POW). All the planned pre-mine of coins is located for now at the main system’s wallet.
We are again announcing a marathon of conferences in Indonesia. It will last the whole of February and everyone will have the opportunity to listen to our speakers. At these events, you can learn more about the blockchain, cryptocurrencies and how you can earn money with the help of the Octoin project. In January, many meetings and conferences have already been held, but the Indonesian team is not going to stop. Great work!
On January 11, a large-scale Octoin conference was held in Palangkaraya, Indonesia. Professional speakers, members of our team told future investors about blockchain and various cryptocurrencies. Of course, our project Octoin was also discussed. Our lector had explained in details about the differences and the advantages of our platform, as well as about the convenient instruments for trading, mining opportunities and fast p2p-exchanger.
Great news to all the members! One of the biggest Nigeria radio station Stereo 99.1 FM Port Harcourt Rivers State talked about our platform. “Get ready for your financial revolution!” - began the broadcast announcer and he was not mistaken. Our team is very ambitious and is not going to stop despite the major achievements that we already have.
Our team is pleased to announce the imminent start of our cryptocurrency. Soon you will be able to use all the opportunities associated with OctoinCoin. Checking the OctoinCoin code is completed and the electronic wallets are ready to be launched. Purses will be available for download immediately after the official launch of the network (the test network has already been launched and tested). Also passed the last phase of preparation: premining is carried out, and the genesis is formed.
We received news that the Octoin partnership and the Yobit exchange were established. The representatives of Yobit came out to communicate with us and agreed on cooperation with us.In the shortest time, technical and administrative issues were resolved. In the very near future our cryptocurrency will be maintained on the Yobit exchange. Users will be able to trade and make transactions.
Recently, our marketing department conducted regular monitoring of social networks. Usually we look at the mood of people, as well as read the latest news about crypto-currencies and various ICO. This greatly helps to stay in the trend and understand what people expect from us.
Our Nigerian team announces the continuation of the work and announces a "double" conference, which will be held in the city of Port Harcourt. On January 20 at 11 am and at 2 pm there will be two meetings at the Swiss Spirit Hotel. All are invited to attend. Professional speakers from our team (Chinyere Kingsley Ubong, Okoro Simeon Chinasa, Judith Antsah) will talk about cryptocurrencies and blockchain. You will also learn how to make money on the Octoin platform. You can all see how on Octoin you can trade, invest and work with the p2p-exchange. And of course, everyone will have the opportunity to ask any question to our representatives.
On January 30, the first large-scale Octoin conference will be held in Shenzhen, China. Experienced leaders from our Chinese team will talk about cryptocurrencies, blockchain, as well as our project Octoin. Particularly will be discussed various ways of earning in this area and the advantages of the Octoin platform.Leaders from all over the world will arrive at the conference: there will be representatives from Vietnam, Malaysia, Nigeria, Indonesia, Turkey.
So the 2018 USD New Year contest of the most creative and original Octoin logos came to an end. The competition was held from December 27 to January 10, participants had to make the Octoin logo from various items related to the winter and New Year themes.The first three places received $ 500 each, the fourth - $ 300, the work that was in fifth place - $ 218. Below you can see the winners and their work.
Our cryptocurrency continues to develop: at this moment there are negotiations going on with more than 20 different exchanges. We discuss with them the details of OctoinCoin release and the further cooperation. We have made the first step towards this direction. The conversion of 1:100 of OctoinCoin have already been done. It was one of the request from the international exchanges that we are going to cooperate with.
The Bitcoin exchange rate have dropped down below 10 000 USD first time since December 1st, 2017. As of the evening of January 17, 2018 it was 9,529 USD per 1 BTC. it dropped at 21% in 24 hours and at 33% for the last 2 days. From the top maximum value in December 2017 (20,090 USD) the rate have dropped down more than twice. The Ethereum rate, the second top cryptocurrency has also dropped but not so much: from 1,200 USD to 980 USD.
Every Octoin user accepts this disclaimer before registering and making a decision on the implementation of any investment in the form of fiat, electronic or cryptocurrency funds. Taking into account the current trend in state regulation in the field of cryptocurrencies and their peculiarities in various countries, changes and complications of block chain technologies, market volatility of cryptocurrencies, and other conditions that may affect the exchange value and liquidity of any crypto-currencies presented in the Octoin, the Octoin platform announces a refusal from liability for possible losses caused by the use of cryptocurrency.
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