First of all, this racket of cryptocurrency has been increasing exponentially, however, most people know nothing about how blockchain technology works, what a smart contract is and how it could be used. For this very reason, I will first of all carefully introduce this type of blockchain technology.
If we navigate through the internet, we find that "Blockchain is a decentralized general ledger. Translated into our language, it is a computer network that has an identical copy of the database and changes its status (records) to a common agreement based on pure mathematics. All this means that there is no need for any central server or any entity we trust (e.g. central bank, notaries, banks, Paypal, etc.). The blockchain is the technological basis for all crypto, whether Bitcoin, Ethereum, Hyperledger, etc."
An important part of the blockchain is the intelligent contracts, a piece of code that is stored in the blockchain network. It basically defines the conditions to which all parties using the contract agreement. Therefore, if the required conditions are met, certain actions are executed. Because the smart contract is stored on all computers on the network, everyone must run it and get the same result. This way users can be sure that the result is correct.
After this brief introduction to the broad topic of Blockchain and Smart Contracts, we can already see that this technology opens many doors to new decentralized businesses and eliminates the need for expensive third parties. Many new companies are now working on this technology, and large companies are testing it in closed networks to collaborate directly with each other without the need for intermediaries.
For that reason, there is a lot of projects that are starting to use this new technology. However, not all of them are worth it. We have to read well what each project is dedicated to, what is its whitepaper, its qualified advisors, etc. As I said, blockchain technology has gained popularity due to the hype about cryptocurrencies which has shaken many startups to launch their own cryptocurrencies even without convincing fundamentals. This trend has emerged because new entrants have been more agile in adopting emerging technologies compared to incumbents who are hampered by legacy systems. However, this competitiveness and this advantage enjoyed by the new players may be short-lived, as no economies of scale are taken into account.
Despite all of this advantages shown by blockchain, investors still encounter problems and barriers when investing in cryptocurrencies. First of all, there is an information asymmetry because of human usage by people who publish false information to achieve personal benefits. Besides, there exists also a declining quality content created by the mechanism of number of likes. These problems generate a difficulty to find high-quality projects. All these kind of barriers needs to be avoided immediately.
Despite all of this advantages shown by blockchain, investors still encounter problems and barriers when investing in cryptocurrencies. First of all, there is an information asymmetry because of human usage by people who publish false information to achieve personal benefits. Besides, there exists also a declining quality content created by the mechanism of number of likes. These problems generate a difficulty to find high-quality projects. All these kind of barriers needs to be avoided immediately.
For this reason, the project I am going to present you is Pivot (PVT), a community released in China for investors in cryptocurrency that is offering cryptocurrency markets, prices and real-time graphics of more than 1400 cryptocurrencies and the latest news related to the blockchain. The platform will try to solve the current problems explained before establishing a free disclosure of information and a backtracking mechanism, realizing the emergence of quality content through the establishment of a personalized recommendation mechanism and the participation of community members, and bringing users the opportunity to freely gather and form various collaborative groups.
Definition
Definition
Pivot (https://www.pivot.one/) is a world-leading cryptocurrency community, dedicated to providing investors with a platform where they can communicate and collaborate to change the world. The main idea is to allow blockchain investors to work together and thus have the opportunity to change the world.
Goals
By empowering blockchain investors through the community to not only avoid being shuffled by capital, but also discover quality projects, the main objective of Pivot is to help investors communicate more efficiently with each other and with startups in blockchain industry. The big idea is to allow blockchain investors to work together and change the world.
Features
Although the main idea of Pivot is to give users more freedom, this does not mean that it is not a serious entity. So, PVT Community ensures the accuracy and neutrality of the contents through verification, collecting information from the access points of the global projects of the block chain 24 hours a day, 7 days a week. To do this, work with the three triangles of Accurate (can be verified), Thorough (can be understood) and Live (with attitude).
| Image | Feature | Description |
|---|---|---|
 | Freshest thorough news | Global Flash Newsletters 24h/7d |
.png) | Perceptive comments | Super active community |
 | All kinds of cryptocurrencies | Quotes, charts and fundamental information of any currencies |
Benefits
| Problems | Solutions |
|---|---|
| People who publish and disseminate false information use human fears and greed to achieve personal benefits quickly through capital-intensive operations | The PVT community will solve it by establishing a free disclosure of information and a tracking mechanism so that everyone can freely obtain enough information. |
| The filtered content based on the mechanism of number of tastes is prone to decrease quality, and the more members of the community, the more severe the decrease. | The PVT community realizes the emergence of quality content through the establishment of a personalized recommendation mechanism and the participation of community members, so that "good money can expel bad money". |
| Community members can meet not only to find high-quality blockchain projects but also to encourage project parties to disseminate all the information and participate more closely in the projects. | The PVT Community is a community in which members can meet freely and form various collaborative groups. The PVT Community provides two sets of evaluation systems for community members separately: Community Contribution and Token. |
How it works?
- First of all, click this link (https://www.pivot.one/).
- Then, download the Pivot app (iOS or Android).
- Open the application and sign up. Fulfil configuration items.
- Once completed, go to Dashboard and click on Pivot icon from bottom to open the "Read and share for Power" option.
- Now, you can read the article and then, move to bottom and just click on "Get read Power" to earn 100 POWER. You will get 100POWER/article up to 4000/day.
- Once done, you have other options to earn POWER. For example, for every user invited, you will earn 10000 POWER. Pivot also launches different programmes and projects every day with the chance to win BTC, PVT or POWER.
Bounty
The project gives the opportunity to earn Pivot tokens performing some social media tasks and doing simple steps from the bounty program explained in the Pivot Webpage. Here (https://www.pivot.one/) you can access the link in order to see what are the conditions to become an early PVT contributor and start acquiring tokens.
Doesn't that sound interesting? If you are interested in this airdrop or basically in the ICO, you can read their Whitepaper here (https://cdn-app.pivot.one/pivot_whitepaper_en_v0.6.pdf). You can also stay tuned in their official Telegram group (https://t.me/pivotglobal). I hope you liked the post and soon I'll send you new ones.
Projects
Pivot was launched in August as the global leading cryptocurrency community to promote oversea cryptomarket. However, they did not even think they would make such an important leap. So, in October, the community surpassed the 2.5 million users.
During October month, Pivot announced Project X to be list PVT on Exchange and becomes "pivot.one", and started the Pivot Global Carnival, a big project involving a daily PVT bonus for market predictions, sharing news and release bounty tasks.
More specifically, in October 24th, Pivot launches the Project X in order to be listed on the top 10 cryptocurrency exchanges, and becomes international with the Pivot version: "pivot.one".
| Campaign | 1. Daily PVT Bonus | 2. Pivot Market Prediction |
|---|---|---|
| Description | It consists of several phases distributing Daily PVT Bonus. | Pivot Market Prediction is a blockchain investor's educational game based on predicting the direction of the cryptocurrency markets. |
| Current task | Read, Share and Invite to win 75,000,000 PVT | You can make real profits and express your views on the trend of the cryptocurrency market in this game. |
| Image |  |  |
| Campaign | 3. 500,000USD for airdrop | 4. Bounty task campaign |
|---|---|---|
| Description | More than 10 kinds of coins will be airdroped in Pivot (TRX, TLG, IMVR, USDT...). | It consists of several tasks in order to encourage members to stay tuned in Pivot. Tasks such as Share and Invite people, Essay competition... |
| Current task | Share the post and get free MVL. (More to come) | You can make real profits and express your views on the trend of the cryptocurrency market in this game. |
| Image |  |  |
Tokenomics
PVT is the value certificate of the Community, and all the values of the Community are brought together in the PVT.
POWER is the certificate of “Daily BTC Bonus”, which decides how much BTC Bonus you can get everyday.
How to get POWER ?
- Invite a friend and recieve 10000 POWER.
- Read a post and revieve 100 POWER (max. 4000/day)
- Invite bonus give you 10% POWER of your referal Friends.
Funds Allocation
| Date | Events |
|---|---|
| February 2018 | Project Planning Product and technical plans determined Founding Team assembled, with close development started |
| March 2018 | First edition launched The project was officially named as "PVT Community" Successfully launched at App Store |
| April 2018 | Established a content-based value investment community |
| May 2018 | Market system launched |
| June 2018 | Community system launched |
| July 2018 | Overseas edition launched |
| Q4 2018 | PVT launched to exchange Can be freely traded |
Team
Author Details
Pivot nickname: Adrià Parcerisas
Pivot ZID: 184788845
Mail: adria.parcerisas.albes@gmail.com
Pivot ZID: 184788845
Mail: adria.parcerisas.albes@gmail.com
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