Meet the Boss – Exclusive Interview with SyncFab CEO Jeremy Goodwin

The firm, which has been in business since 2013, is introducing a blockchained smart contract and token system into their existing manufacturing and bid platform. This will enable simplification of the entire manufacturing process, from the bid, to selecting the firm, to delivery and payment of and for the …

Manufacturing is a multi-step, frequently highly geographically dispersed process. It is also an industry which is growing dramatically as the IoT and next-gen economy takes shape.

However the entire vertical is also a very complex one with many problems that inhibit innovation, are stacked against the small or medium size firm looking for quotes, and carries many risks from payment and delivery to the labor practices of the contracted firms. Replying to bids, particularly for smaller orders, is not incentivized. And neither bidder nor respondent has an accurate, real-time view of the supply chain process.

SyncFab plans to change all that. The firm, which has been in business since 2013, is introducing a blockchained smart contract and token system into their existing manufacturing and bid platform. This will enable simplification of the entire manufacturing process, from the bid, to selecting the firm, to delivery and payment of and for the orders.

We recently sat down with Jeremy Goodwin, the founder of SyncFab to have a chat with him about the project as well as finding out their thoughts and insights.

syncfab logo

Jeremy. Thanks for joining us today. Can you tell us more about yourself and SyncFab?

The market isn’t slowing. In fact, it’s growing and is predicted to grow to $15 trillion by 2030

My name is Jeremy Goodwin, and I’m the CEO of SyncFab. SyncFab is revolutionizing the manufacturing supply chain by connecting buyers to hardware manufacturers through a blockchain-based platform.

SyncFab was started in 2013 and has since partnered with the cities of San Francisco, San Leandro, and Oakland as part of their civic innovation Startup in Residence program, and recognized by the White House, U.S. Department of Energy and Commerce for our involvement in the Clean Energy Smart Manufacturing Initiative and National Network for Manufacturing Initiative. As for myself, my background is in global finance as a Managing Director and executive for investment funds around the world. I later spent quite a bit of time in China, where I was President & CFO of Advanced China Manufacturing, leading it to peak performance of 2,000 employees and a NASDAQ IPO. Coming back home to America, I saw an opportunity to reshore manufacturing back home and make the process more efficient and thus SyncFab was born.

syncfab Ceo Jeremy Goodwin presentation

You have been in business since 2013 connecting bidders and manufacturers with a platform you are now tokenizing. What is the most observable issue, problem or solution that you have already been able to fix or facilitate? Creating a market of potential customers and firms?

The market is there. The market isn’t slowing. In fact, it’s growing and is predicted to grow to $15 trillion by 2030, according to Accenture Technology. The problem is that this industry is focused on the big players, and prevents independent buyers, startups and small-to-medium sized businesses from participating. We are solving this problem.

How did you come up with the idea and what was the thought process behind it?

The industry is on the brink of the 4th Industrial Revolution. With the introduction of Industrial Internet of Things and the disruption realized by blockchain, it only makes sense to provide a platform that helps revolutionize a slow moving, manual, insecure and paper-based process with a secure, digital, automated and fast-moving network that operates globally in a single, efficient platform that brings order to the chaos that is manufacturing procurement.

What is the biggest problem within the industry or do you think there is a gap in the market for SyncFab to fill?

The industry is scattered amongst systems and processes, relying on manual methods for outreach, procurement, bidding, shipping, and tracking. We allow procurement departments to automate and streamline their processes through a single platform.

syncfab manufacturing blockchain

What do you think is the biggest problem SyncFab will solve and why is the problem important to solve?

In the status quo of manufacturing procurement, manufacturers have little time or incentive to quote vast numbers of orders. They aren’t compensated for it but have to do it anyway. As a result, the entire process can be slow and face long delays, if an order is quoted at all. The manufacturer doesn’t want to bother with smaller orders are there’s too much work involved and little reward to participate in the current environment. With SyncFab, the process is quick and efficient, and manufacturers are compensated to participate, whether they win the bid or not, they are rewarded. Bidders can move quickly, selecting manufacturers, placing orders and on the manufacturer’s side they make better use of idle capacity and get rewarded for their time entertaining orders of smaller players. SyncFab delivers a win-win solution for both parties.

Why did you decide to go with Ethereum as your blockchain of choice and did that impact the decisions of your already impressive list of industry and public strategic partners to participate?

Ethereum is an efficient, gold standard and stable platform. They have some great improvements in their roadmap, and we wanted to utilize a blockchain that had the capability for smart contracts, security, speed, and stability to ensure a functional network. The fact that the Canadian government is using Ethereum to maintain public funding records is another vote of confidence in the Ethereum platform. We’re a Silicon Valley company, so we’re used to disruption and innovation in the tech industry. Should the landscape change dramatically and another blockchain platform emerge as superior, we would be open to re-evaluate and adopt new technology to better serve our network.

In the whitepaper, you talk about the fact that responding to RFPs is a thankless (unpaid and unincentivized) process that you hope to change. How much will each respondent receive? Is it an award that changes with the size of the bid or is it a constant amount?

The actual amount will vary based on the price and value of the MFG Token at any given time. The amount will be strong enough to incentivize manufacturers to participate, but keep in mind this is a process they must go through now and don’t receive compensation for currently. By incentivizing them to participate based on the size and complexity of the job, we aim to encourage more manufacturers to not only participate but prioritize SyncFab bids to quote orders faster.

Regulation-wise, what are the toughest challenges you will have to overcome (on a global basis)? And from where?

I think the entire market as a whole has to face the risk that governments may try to regulate, heavily tax, or shut down innovative concepts like cryptocurrencies as they stand to lose their stronghold on commerce. It’s clear that this trend is here to stay. Many governments are getting onboard, and for others, it will require regulations and tax policies to make them feel comfortable. SyncFab is a legitimate, established company with government partnerships already. We’re looking to stay within the parameters outlined by the governments we operate in to ensure a successful platform that can be utilized globally and benefit our client base.

syncfab promo photo

What are the services you plan to offer that excite you the most?

We’re creating the world’s first peer-to-peer blockchain for the manufacturing supply chain and that’s pretty exciting in and of itself. With the use of our MFG Token, we’ll be able to save our customers even more time by rewarding blue-collar workers for their time quoting orders, encouraging faster quotes from reputable manufacturers for buyers to choose from, speeding up the procurement process. On the manufacturer’s side, our all-in-one platform will allow them to reduce wasted time and take on a higher volume of orders to maximize idle capacity and increase revenue. Through our technology, we’ll be allowing small and medium-sized businesses to access high-tier manufacturers that were always out of their grasps due to inefficiencies. With blockchain, we’ll experience additional advantages like better intellectual property protection, transparency of the procurement process and faster payments.

What has been your happiest moment so far working on SyncFab? On the flipside, what has been the most painful, or perhaps the most regretful decision you’ve made with SyncFab?

Being recognized by The White House under President Obama in 2016 had to be my proudest moment. It’s a gesture that not only recognizes us for being seen as a true innovator in smart manufacturing and also a sign of success for how far we’ve come as a small startup. In the early days of SyncFab, we started off focused heavily on community-sourced 3D printing. We discovered we were ahead of our time — it was too early for this technology, and through our platform, a network of manufacturers and relationships we built, we were presented with a much larger opportunity. Innovative cities looking to build Smart Cities and encourage manufacturing innovation came to us with a challenge, and SyncFab was reinvented to solve this problem, and we have shown incredible results to our city partners. We have proven our ability to adapt and innovate. With the groundbreaking technology of blockchain, we are set to spearhead manufacturing innovation once again.

syncfab revolutionizing manufacturing with blockchain

There is at least one national government exploring a similar idea. How does your application differ, stack up, compete or could be integrated?

A national government blockchain would likely be closed off, centralized and less likely to be adopted by other countries. SyncFab is a global decentralized peer-to-peer network that can be used across borders allowing anyone to get hardware manufactured anywhere in the world securely, quickly and easily. As IP is secured on a decentralized blockchain, you don’t have to worry about a single government having access to and profiting off your intellectual property. There’s no reason these private and singular government initiatives can’t tap into and utilize the strength and capacity of the SyncFab network of manufacturers and buyers in the future.

Tell us more about MFG. What are its selling points and what does it do in the system?

At first, MFG tokens will be utilized in our existing web 2.0 platform to incentivize manufacturers for traditionally uncompensated time for putting together quotes and make manufacturers more responsive to time-sensitive production deadlines. Enticed by a reward for timely quotes, manufacturers are expected to respond more quickly. With such token incentives, the pool of manufacturers a purchaser can choose from might increase and diversify. On the flip side, Manufacturers will be able to provide bidders with promos and marketing incentives to continue to order from them.

In our web 3.0 blockchain platform, we see the potential for the MFG Token to replace traditional forms of payment for manufacturing orders in the system with an instant, secure transaction. We also see the potential for payments to be made to designers, engineers and consultants who help the ecosystem and its partner blockchain networks flourish.

Editors Pick: SyncFab ICO

syncfab ico blockchain manufacturing p2p supply

SyncFab – Creating The World’s First Peer-to-Peer Manufacturing Supply Chain on Blockchain

Posted: January 21, 2018

Putting manufacturing processes into a tokenized environment has many advantages for all industry participants. Using blockchain in any supply chain has the potential to dramatically improve transparency and traceability as well as reduce administrative costs. A blockchained system can help participants place, respond and manage bids, record prices, date, location,

0 comments

What do you think is the biggest challenge or obstacle SyncFab will face? How do you plan to tackle that challenge?

Much like all blockchain and cryptocurrencies, we face the challenge of adoption. One thing’s for sure, cryptocurrency is here to stay. The technology of blockchain is the future. Making it easy for supply chain networks to tap into our blockchain, and become educated on the cost savings and benefits to participating will become our focus, along with marketing towards the hardware innovators to get access to manufacturers they never had a chance with before.

Moving on to more personal stuff, what does a typical day in your life look like?

It’s been hectic for our entire team. We’re all putting in lots of hours to make blockchain a reality in our platform and better serve our customers. Lately, I’ve been flying all around the world running from conference to conference all around the world speaking on issues facing the supply chain and manufacturing industries. Between my busy travel and speaking schedule, I’ve been splitting my time between our core business development and token sale activities with my team as the launch of our token sale is right around the corner. Our token sale begins February 15th and ends March 15. If you’re a manufacturer or an innovator with a great idea, we strongly encourage you to participate in our token sale before we sell out.

syncfab ico manufacturing market

Can you express one personal opinion of yours about the blockchain? It doesn’t matter if it’s negative or positive, we just want to hear your thoughts on it.

There’s no fighting it. Blockchain is the future and it’s here to stay. It’s innovative. It’s disruptive. This is what moves industries forward and encourages job creation and economic growth, and we shouldn’t let our fear of new technology stifle economic development and advancement as a society.

Finally, what other personal goals (besides your career) do you have in life? Is there anything else in life you want to achieve?

I’m very eco-conscious and believe in preserving the environment in any way we can. There’s so much waste that can be eliminated and reduced. Luckily, SyncFab helps contribute towards this by allowing companies to manufacture in a smart and clean eco-conscious way, locally, so we reduce our logistical carbon footprint. If what I’m doing here at SyncFab can accomplish my personal goals by helping reduce emissions, free people of time, and contribute to making America a manufacturing powerhouse again, I’d be very happy.

syncfab hardware

That concludes our Interview with Jeremy Goodwin

More Interviews to come

SyncFab ICO MFG Token

We’ll be scheduling even more exclusive interviews like this in the coming weeks to delve into the minds of what makes a blockchain startup tick as well asking the questions you want to know the most.

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Ethereum Classic (CRYPTO:ETC) Price Reaches $24.91 on Top Exchanges

Ethereum Classic logo Ethereum Classic (CURRENCY:ETC) traded up 3.3% against the dollar during the twenty-four hour period ending at 19:00 PM Eastern on February 4th. One Ethereum Classic coin can currently be bought for approximately $24.91 or 0.00304462 BTC on exchanges including …

Ethereum Classic logoEthereum Classic (CURRENCY:ETC) traded up 3.3% against the dollar during the twenty-four hour period ending at 19:00 PM Eastern on February 4th. One Ethereum Classic coin can currently be bought for approximately $24.91 or 0.00304462 BTC on exchanges including ChaoEX, GDAX, Bitstamp and Bittrex. Ethereum Classic has a total market cap of $2.49 billion and $389.39 million worth of Ethereum Classic was traded on exchanges in the last 24 hours. During the last week, Ethereum Classic has traded up 19.6% against the dollar.

Here is how other cryptocurrencies have performed during the last 24 hours:

  • Bitcoin (BTC) traded down 3.1% against the dollar and now trades at $8,230.81 or 1.00000000 BTC.
  • Ethereum (ETH) traded 2.8% lower against the dollar and now trades at $825.18 or 0.10085100 BTC.
  • Bitcoin Cash (BCH) traded down 1.9% against the dollar and now trades at $1,234.24 or 0.15084600 BTC.
  • Litecoin (LTC) traded 0.9% lower against the dollar and now trades at $152.45 or 0.01863140 BTC.
  • Monero (XMR) traded down 5.7% against the dollar and now trades at $232.25 or 0.02838500 BTC.
  • RaiBlocks (XRB) traded 32.3% higher against the dollar and now trades at $18.58 or 0.00186028 BTC.
  • Bitcoin Gold (BTG) traded 1.6% lower against the dollar and now trades at $126.54 or 0.01546540 BTC.
  • Zcash (ZEC) traded down 5.2% against the dollar and now trades at $444.89 or 0.05437330 BTC.
  • Nano (XRB) traded down 8.8% against the dollar and now trades at $8.50 or 0.00103895 BTC.
  • Steem (STEEM) traded down 5.9% against the dollar and now trades at $4.07 or 0.00049707 BTC.

Ethereum Classic Profile

Ethereum Classic is a proof-of-work (PoW) coin that uses the Ethash hashing algorithm. It launched on July 30th, 2015. Ethereum Classic’s total supply is 99,789,263 coins. Ethereum Classic’s official Twitter account is @eth_classic and its Facebook page is accessible here. The Reddit community for Ethereum Classic is /r/EthereumClassic and the currency’s Github account can be viewed here. Ethereum Classic’s official website is www.ethereum.org. Ethereum Classic’s official message board is forum.ethereum.org.

According to CryptoCompare, “Ethereum Classic is an attempt at keeping the Ethereum blockchain unaltered by the part of the community that opposed the hard fork and the return of The DAO funds. It started trading on Poloniex and is getting more and more traction. The Ethereum Classic mission statement is: “We believe in decentralized, censorship-resistant, permissionless blockchains. We believe in the original vision of Ethereum as a world computer you can’t shut down, running irreversible smart contracts. We believe in a strong separation of concerns, where system forks are only possible in order to correct actual platform bugs, not to bail out failed contracts and special interests. We believe in censorship-resistant platform that can be actually trusted – by anyone.” Our block explorer data: total coins supply, total network hash rate, last block number and total difficulty are freely provided by https://gastracker.io/ In 2017, the Die Hard fork was implemented in ETC, removing the Ethereum difficulty bomb. Currently, there are no plans to move to Proof of Stake like Ethereum, although developers at the IOHK institute are developing a new PoS protocol for Ethereum Classic. “

Buying and Selling Ethereum Classic

Ethereum Classic can be traded on the following cryptocurrency exchanges: GDAX, Allcoin, Independent Reserve, Kucoin, xBTCe, Upbit, ZB.COM, YoBit, Tidex, EXX, Mercatox, ChaoEX, OKEx, Cryptopia, BX Thailand, CoolCoin, Liqui, Qryptos, Bitinka, BigONE, Binance, TOPBTC, COSS, Poloniex, Kraken, Exmo, Coinsquare, CoinFalcon, Coinrail, Tidebit, Lbank, HitBTC, Huobi, Mr. Exchange, Coinbene, Bithumb, Bittrex, CEX.IO, bitFlyer, Bitso, Gate.io, Bit-Z, RightBTC, Coinut, Gatecoin, BTCTurk, Korbit, Coinone, CoinExchange, Bitfinex, Quoine, Cobinhood, BTC Markets, DSX, Koinex, Koineks, GOPAX, Gemini, Gatehub, Bibox, Livecoin, WEX, BitBay, Bitcoin Indonesia, CoinEgg, Coinnest, Bitbank, Bitstamp, QuadrigaCX, Bancor Network, BtcTrade.im, ACX, BitGrail and EtherDelta. It is not possible to purchase Ethereum Classic directly using U.S. dollars. Investors seeking to acquire Ethereum Classic must first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Changelly, Coinbase or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Ethereum Classic using one of the exchanges listed above.

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Siacoin (CRYPTO:SC) Price Tops $0.0226 on Top Exchanges

Ethereum Classic (ETC) traded 3.3% higher against the dollar and now trades at $24.91 or 0.00304462 BTC. RaiBlocks (XRB) traded 32.3% higher against the dollar and now trades at $18.58 or 0.00186028 BTC. Bitcoin Gold (BTG) traded down 1.6% against the dollar and now trades at $126.54 or …

Siacoin logoSiacoin (CURRENCY:SC) traded 4% lower against the US dollar during the 24 hour period ending at 19:00 PM E.T. on February 4th. In the last seven days, Siacoin has traded 2.6% lower against the US dollar. Siacoin has a total market capitalization of $733.01 million and approximately $11.66 million worth of Siacoin was traded on exchanges in the last day. One Siacoin coin can now be purchased for about $0.0226 or 0.00000276 BTC on major cryptocurrency exchanges including Poloniex, Bittrex, Abucoins and HitBTC.

Here’s how similar cryptocurrencies have performed in the last day:

  • Bitcoin (BTC) traded down 3.1% against the dollar and now trades at $8,230.81 or 1.00000000 BTC.
  • Ethereum (ETH) traded down 2.8% against the dollar and now trades at $825.18 or 0.10085100 BTC.
  • Bitcoin Cash (BCH) traded 1.9% lower against the dollar and now trades at $1,234.24 or 0.15084600 BTC.
  • Litecoin (LTC) traded down 0.9% against the dollar and now trades at $152.45 or 0.01863140 BTC.
  • Monero (XMR) traded down 5.7% against the dollar and now trades at $232.25 or 0.02838500 BTC.
  • Ethereum Classic (ETC) traded 3.3% higher against the dollar and now trades at $24.91 or 0.00304462 BTC.
  • RaiBlocks (XRB) traded 32.3% higher against the dollar and now trades at $18.58 or 0.00186028 BTC.
  • Bitcoin Gold (BTG) traded down 1.6% against the dollar and now trades at $126.54 or 0.01546540 BTC.
  • Zcash (ZEC) traded 5.2% lower against the dollar and now trades at $444.89 or 0.05437330 BTC.
  • Nano (XRB) traded 8.8% lower against the dollar and now trades at $8.50 or 0.00103895 BTC.

Siacoin Profile

Siacoin is a proof-of-work (PoW) coin that uses the Blake2b hashing algorithm. Its genesis date was June 6th, 2015. Siacoin’s total supply is 32,416,269,954 coins. The official website for Siacoin is sia.tech. The Reddit community for Siacoin is /r/Siacoin and the currency’s Github account can be viewed here. Siacoin’s official Twitter account is @SiaTechHQ and its Facebook page is accessible here.

According to CryptoCompare, “Sia is an actively developed decentralized storage platform. Users all over the world contribute disk storage from their computers to form a decentralized network. Anybody with siacoins can rent storage from hosts on Sia. This is accomplish via “smart” storage contracts stored on the Sia blockchain. The smart contract provides a payment to the host only after the host has kept the file for a given amount of time. If the host loses the file, the host does not get paid. The distrubuted nature of the Sia network enables many optimizations in latency, throughput, reliability, and security. The decentralized nature of the Sia network enables anyone with storage to get paid, lowering the barrier to entry and reducing the overall price of cloud storage. The Sia cryptocurrency is live! You can rent storage using siacoins and hosts providing storage to the network receive compensation in the form of siacoins. The storage platform itself is still in beta, and only uploads that are 500mb or less in size are supported by the wallet. “

Buying and Selling Siacoin

Siacoin can be bought or sold on the following cryptocurrency exchanges: Abucoins, Bisq, HitBTC, Upbit, BITHOLIC, Bittrex and Poloniex. It is not possible to buy Siacoin directly using U.S. dollars. Investors seeking to acquire Siacoin must first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Coinbase, Changelly or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Siacoin using one of the aforementioned exchanges.

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LoMoCoin (LMC) Price Up 1% Over Last Week

One LoMoCoin coin can currently be purchased for approximately $0.0705 or 0.00000868 BTC on cryptocurrency exchanges including CoinExchange and Bittrex. Over the last week, LoMoCoin has traded up 1% against the U.S. dollar. LoMoCoin has a total market cap of $15.93 million and …

LoMoCoin logoLoMoCoin (CURRENCY:LMC) traded down 6.4% against the U.S. dollar during the one day period ending at 19:00 PM E.T. on February 11th. One LoMoCoin coin can currently be purchased for approximately $0.0705 or 0.00000868 BTC on cryptocurrency exchanges including CoinExchange and Bittrex. Over the last week, LoMoCoin has traded up 1% against the U.S. dollar. LoMoCoin has a total market cap of $15.93 million and approximately $75,184.00 worth of LoMoCoin was traded on exchanges in the last 24 hours.

Here’s how similar cryptocurrencies have performed over the last 24 hours:

  • SaluS (SLS) traded 2% lower against the dollar and now trades at $46.46 or 0.00569882 BTC.
  • ECC (ECC) traded down 14.3% against the dollar and now trades at $0.0016 or 0.00000020 BTC.
  • HempCoin (THC) traded down 3.4% against the dollar and now trades at $0.16 or 0.00001961 BTC.
  • PoSW Coin (POSW) traded up 0.6% against the dollar and now trades at $0.62 or 0.00007622 BTC.
  • VeriCoin (VRC) traded down 6.7% against the dollar and now trades at $0.84 or 0.00010344 BTC.
  • OKCash (OK) traded 3.2% lower against the dollar and now trades at $0.26 or 0.00003147 BTC.
  • Profile Utility Token (PUT) traded 5% lower against the dollar and now trades at $0.80 or 0.00009889 BTC.
  • Gambit (GAM) traded down 7.1% against the dollar and now trades at $11.91 or 0.00146541 BTC.
  • Linda (LINDA) traded 5% lower against the dollar and now trades at $0.0019 or 0.00000023 BTC.
  • Sphere (SPHR) traded 1.2% higher against the dollar and now trades at $3.48 or 0.00043069 BTC.

LoMoCoin Profile

LMC is a PoW/PoS coin that uses the Scrypt hashing algorithm. Its genesis date was September 6th, 2016. LoMoCoin’s total supply is 310,832,552 coins and its circulating supply is 225,832,552 coins. The Reddit community for LoMoCoin is /r/lomostar and the currency’s Github account can be viewed here. LoMoCoin’s official Twitter account is @LoMoStarLMC. The official website for LoMoCoin is www.lomostar.com.

According to CryptoCompare, “LomMoCoin is an entertainment app that creates a treasure hunt experience with built in cryptocurrency rewards paid in LMC which is a PoW/PoS cryptocurrency with a 5% APY in staking rewards. “

LoMoCoin Coin Trading

LoMoCoin can be traded on these cryptocurrency exchanges: CoinExchange and Bittrex. It is not currently possible to purchase LoMoCoin directly using U.S. dollars. Investors seeking to acquire LoMoCoin must first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Changelly, Coinbase or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase LoMoCoin using one of the exchanges listed above.

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How Is Blockchain Disrupting The Gaming Industry?

Blockchain technology has been a big revolution to various industries – from fashion to luxury goods, financial services, and just about any industry you can think of. The gaming industry is not left out of this revolution. Like most technology, blockchain is an enabler that can be deployed for use in any …

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Blockchain technology has been a big revolution to various industries – from fashion to luxury goods, financial services, and just about any industry you can think of. The gaming industry is not left out of this revolution.

Like most technology, blockchain is an enabler that can be deployed for use in any area. It is a leading protocol first deployed for use in cryptocurrency that is now the preferred option for digital assets as it offers safety, security and integrity like none other.

It has been used as a tool for analysis, innovation, buying and selling, transacting, building and developing other technology.

Blockchain technology cuts out the controlling middle man influencing things behind closed doors and allows for transparency, trust and integrity of transactions and exchanges of digital assets.

The Ether Legends system innovatively uses this technology to bring about the much needed solutions in the online card gaming industry. The Ether Legends ecosystem is built around being able to convert physical collectible trading cards to digital assets. These cards can be traded, sold and played online in a marketplace community with players all around the world. Ownership of digital assets on the marketplace are secured using blockchain technology.

Ether Legends platform

The Ether Legends platform is decentralised, free from middlemen and centralised controlling authorities. It is entirely a skill based game that is swift, secure and reliable.

The system is run on a peer to peer based model that allows for verification of results in a matter that is easy and publicly verifiable. Transactions on the Ether Legends platform are made publicly available. They are fraud and corruption free as all gaming data including results, rewards, wins, losses, transactions, balances, asset redemptions and more can be validated as this information is secured in blockchains and validated.

Players in the Ether Legends ecosystem have full digital ownership of their assets. The information cannot be duplicated or counterfeited.

One of the innovative qualities of Ether Legends is the graphical user interface, including stunning illustrative designs and artwork. There are over 150 unique cards with beautiful artwork available in each pack.

Elementeum Token

The currency or reward system used on the Ether Legends platform is based on the Elementeum token which has the symbol name ELET. The Elementeum token sale will begin on February 15, 2018 over multiple phases within 49 days. There are a total of 50,000,000 ERC-20 compliant tokens available. The maximum amount of tokens that are buyable are only 35,000,000 with the rest set aside for founders and advisors, bounty and development, vendors and partners, and as game rewards.

The Pre-ICO Price is 1 ETH = 1000 – 2000 ELET while the price afterwards is 1000 ELET. Although Elementeum is based on the Ethereum platform and only currently exchangeable with Ethereum, The Ether Legends team is working to ensure that exchanges of game tokens and digital assets can be made with others after the token sale is completed.

More information is available on the Ether Legends website, whitepaper, Twitter, Facebook and Reddit.

Additional information can also be sought via email to support@etherlegends.io or using the contact page.