WinMiner to List on DX.Exchange after Winning ICO Pitch
- WinMiner's mining platform was declared the winner for its ease of use and fast-growing user base.
Last week at the Finance Magnates London Summit, WinMiner was announced as the winner of the DX Exchange Pitch Competition, beating out 11 other remarkable platforms. As a reward, WinMiner’s native token will be listed on DX Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectively relevant with real-time pricing.Depending upon where you reside, an exchange may be referred to as a bourse or a share exchange while, as a whole, exchanges are present within the majority of countries. Who is Listed on an Exchange?As trading continues to transition more to electronic exchanges, transactions become more dispersed through varying exchanges. This in turn has caused a surge in the implementation of trading algorithms and high-frequency trading applications. In order for a company to be listed on a stock exchange for example, a company must divulge information such as minimum capital requirements, audited earnings reports, and financial reports.Not all exchanges are created equally, with some outperforming other exchanges significantly. The most high-profile exchanges to date include the New York Stock Exchange (NYSE), the Tokyo Stock Exchange (TSE), the London Stock Exchange (LSE), and the Nasdaq. Outside of trading, a stock exchange may be used by companies aiming to raise capital, this is most commonly seen in the form of initial public offerings (IPOs).Exchanges can now handle other asset classes, given the rise of cryptocurrencies as a more popularized form of trading. An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectively relevant with real-time pricing.Depending upon where you reside, an exchange may be referred to as a bourse or a share exchange while, as a whole, exchanges are present within the majority of countries. Who is Listed on an Exchange?As trading continues to transition more to electronic exchanges, transactions become more dispersed through varying exchanges. This in turn has caused a surge in the implementation of trading algorithms and high-frequency trading applications. In order for a company to be listed on a stock exchange for example, a company must divulge information such as minimum capital requirements, audited earnings reports, and financial reports.Not all exchanges are created equally, with some outperforming other exchanges significantly. The most high-profile exchanges to date include the New York Stock Exchange (NYSE), the Tokyo Stock Exchange (TSE), the London Stock Exchange (LSE), and the Nasdaq. Outside of trading, a stock exchange may be used by companies aiming to raise capital, this is most commonly seen in the form of initial public offerings (IPOs).Exchanges can now handle other asset classes, given the rise of cryptocurrencies as a more popularized form of trading. Read this Term, a fully-regulated cryptocurrency exchange that will publicly launch in November. If purchased outright, the listing would have cost $250,000.
What a proud moment for Team WinMiner! We won a free listing on the @DXExchange worth 250,000 dollars at the ICO pitch competition at the @financemagnates conference. Check it out! :-)#winminer #ico #blockchain #winner #dxexchange #icopitch #financemagnates pic.twitter.com/gB6UXQIUer
— WinMiner (@TeamWinMiner) November 14, 2018
WinMiner’s platform allows anyone with unused computing power to mine cryptocurrency with just a few clicks. Using a unique algorithm, the platform “identifies the most profitable coin to mine by your machine at any given moment.” WinMiner can automatically sense when you need to use your computer, and will stop mining; a 3% fee is charged at withdrawal. Its token sale will begin at the end of this month, and the presale is currently live.
Co-Founder and CEO Ariel Yarnitsky was joined by Co-Founder and CTO Idan Feigenbaum to deliver the pitch.
Ariel Yarnitsky
WinMiner Was Chosen for Ease-of-Use, Established Traction with Users
The judges--Daniel Skowronski, CEO of DX Exchange, and Ran Amiran, Director of BD--chose WinMiner because of its focus on its core Blockchain Blockchain Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned.) In this sense, blockchain is immune to the manipulation of data making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tamper with. The Evolution of BlockchainBlockchain was originally invented by an individual or group of people under the name of Satoshi Nakamoto in 2008. The purpose of blockchain was originally to serve as the public transaction ledger of Bitcoin, the world’s first cryptocurrency.In particular, bundles of transaction data, called “blocks”, are added to the ledger in a chronological fashion, forming a “chain.” These blocks include things like date, time, dollar amount, and (in some cases) the public addresses of the sender and the receiver.The computers responsible for upholding a blockchain network are called “nodes.” These nodes carry out the duties necessary to confirm the transactions and add them to the ledger. In exchange for their work, the nodes receive rewards in the form of crypto tokens.By storing data via a peer-to-peer network (P2P), blockchain controls for a wide range of risks that are traditionally inherent with data being held centrally.Of note, P2P blockchain networks lack centralized points of vulnerability. Consequently, hackers cannot exploit these networks via normalized means nor does the network possess a central failure point.In order to hack or alter a blockchain’s ledger, more than half of the nodes must be compromised. Looking ahead, blockchain technology is an area of extensive research across multiple industries, including financial services and payments, among others. Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned.) In this sense, blockchain is immune to the manipulation of data making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tamper with. The Evolution of BlockchainBlockchain was originally invented by an individual or group of people under the name of Satoshi Nakamoto in 2008. The purpose of blockchain was originally to serve as the public transaction ledger of Bitcoin, the world’s first cryptocurrency.In particular, bundles of transaction data, called “blocks”, are added to the ledger in a chronological fashion, forming a “chain.” These blocks include things like date, time, dollar amount, and (in some cases) the public addresses of the sender and the receiver.The computers responsible for upholding a blockchain network are called “nodes.” These nodes carry out the duties necessary to confirm the transactions and add them to the ledger. In exchange for their work, the nodes receive rewards in the form of crypto tokens.By storing data via a peer-to-peer network (P2P), blockchain controls for a wide range of risks that are traditionally inherent with data being held centrally.Of note, P2P blockchain networks lack centralized points of vulnerability. Consequently, hackers cannot exploit these networks via normalized means nor does the network possess a central failure point.In order to hack or alter a blockchain’s ledger, more than half of the nodes must be compromised. Looking ahead, blockchain technology is an area of extensive research across multiple industries, including financial services and payments, among others. Read this Term technology infrastructure and its rapidly expanding user base, which has more than 200,000 people so far.
“I personally liked the ‘mining’ aspect,” Skowronski told Finance Magnates. “It represents true blockchain technology which seems to be rare these days when you look at all the ICO projects still coming out.”
Daniel Skowronski, CEO, DX.Exchange
Skowronski also cited the user-friendliness of WinMiner’s platform as one of the reasons they were chosen--”I like how anyone can mine the best coin with ease from their computer and it is all done automatically.”
Congratulations! We are glad to welcome you on https://t.co/gavrewTi9F!
— DX.Exchange (@DXdotExchange) November 14, 2018
While the listing on DX may provide WinMiner access to more high-volume and institutional token buyers, Skowronski acknowledged that “the exposure they will receive by listing on any exchange--not just DX--is good for them. It will also allow more of their community members to invest with WinMiner.”
”2 Bad Haircuts in T-shirts and Jeans”
Linda S. Leaney
Linda S. Leaney, CFO at GlobCoin.io, noted that their presentation was also delivered with skill, despite the fact that they were “2 bad haircuts in T-shirts and jeans”, and that “they were also in the minority of presenters not being English speakers, which can sometimes be a disadvantage.”
Idan Feigenbaum
Leaney added that the WinMiner team was “incredibly modest and just sat quietly waiting for their turn to speak and clapping everyone else.” When they presented, “one spoke while the other videoed him on his iPhone and gave him encouraging thumbs up now and again.”
Their modesty paid off. “Their pitch was succinct and clear,” she told Finance Magnates. “It laid out what the product is; how it works; the business model; how the UX feels; and the key was their 200K users so far. This goes way beyond a 'community' built possibly just of Social Media followers - this is active engagement.” Leaney added that the sizable userbase had been amassed “just on a couple of posts (Bitcointalk and Youtube) and then word of mouth.”
She also echoed Skowronski’s comments about ease-of-use. “It's a simple product to understand and use; they have a good variety of coins you can mine easily without specialist equipment; and a realistic business plan.”
“There's a lot of 'mining equipment' on sale for the real enthusiast; this product allows mining of (currently) 40 coins using your own laptop by anyone, anywhere in the world, who can engage in the crypto altcoin revolution easily and gain a modest daily payout for little effort. WINMiner has made the UX as simple as possible.”
"Truly Heartwarming"
"We thank the judges for choosing WinMiner," Idan and Ariel said in an email to Finance Magnates. "It is a great honor that represents an appreciation for the hard work we have put into building [the platform]..it is truly heart warming!"
"We are also very excited to have competed with the other 12 teams. These are people who pursue their dreams working very hard to drive our world to the next level, each team and project in their own unique way," they added. The team also expressed their beliefs that "[the listing] will no doubt boost the WinMiner ecosystem, with easy access and great benefits for WinMiners, WinMiner token holders as well as newcomers. It will certainly contribute to the exposure of WinMiner to new and wider audiences."
Idan and Ariel said that in addition to the victory, the platform is preparing to launch "Token Sale mode", which will "[allow] any WinMiner user to purchase WinMiner tokens by simply using the WinMiner platform, no need for paying in crypto or fiat ( participants will enjoy a 40% bonus on their mining earning rate.)"
Additionally, the platform will soon be "opening access to the WinMiner pools - this will allow, for the first time, users of ASICs as well as users not using the WinMiner software to enjoy the benefits of the platform."
"We are super excited about these new releases and hope it will help our users overcome the brutal last few days on the crypto markets," they said.
Last week at the Finance Magnates London Summit, WinMiner was announced as the winner of the DX Exchange Pitch Competition, beating out 11 other remarkable platforms. As a reward, WinMiner’s native token will be listed on DX Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectively relevant with real-time pricing.Depending upon where you reside, an exchange may be referred to as a bourse or a share exchange while, as a whole, exchanges are present within the majority of countries. Who is Listed on an Exchange?As trading continues to transition more to electronic exchanges, transactions become more dispersed through varying exchanges. This in turn has caused a surge in the implementation of trading algorithms and high-frequency trading applications. In order for a company to be listed on a stock exchange for example, a company must divulge information such as minimum capital requirements, audited earnings reports, and financial reports.Not all exchanges are created equally, with some outperforming other exchanges significantly. The most high-profile exchanges to date include the New York Stock Exchange (NYSE), the Tokyo Stock Exchange (TSE), the London Stock Exchange (LSE), and the Nasdaq. Outside of trading, a stock exchange may be used by companies aiming to raise capital, this is most commonly seen in the form of initial public offerings (IPOs).Exchanges can now handle other asset classes, given the rise of cryptocurrencies as a more popularized form of trading. An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectively relevant with real-time pricing.Depending upon where you reside, an exchange may be referred to as a bourse or a share exchange while, as a whole, exchanges are present within the majority of countries. Who is Listed on an Exchange?As trading continues to transition more to electronic exchanges, transactions become more dispersed through varying exchanges. This in turn has caused a surge in the implementation of trading algorithms and high-frequency trading applications. In order for a company to be listed on a stock exchange for example, a company must divulge information such as minimum capital requirements, audited earnings reports, and financial reports.Not all exchanges are created equally, with some outperforming other exchanges significantly. The most high-profile exchanges to date include the New York Stock Exchange (NYSE), the Tokyo Stock Exchange (TSE), the London Stock Exchange (LSE), and the Nasdaq. Outside of trading, a stock exchange may be used by companies aiming to raise capital, this is most commonly seen in the form of initial public offerings (IPOs).Exchanges can now handle other asset classes, given the rise of cryptocurrencies as a more popularized form of trading. Read this Term, a fully-regulated cryptocurrency exchange that will publicly launch in November. If purchased outright, the listing would have cost $250,000.
What a proud moment for Team WinMiner! We won a free listing on the @DXExchange worth 250,000 dollars at the ICO pitch competition at the @financemagnates conference. Check it out! :-)#winminer #ico #blockchain #winner #dxexchange #icopitch #financemagnates pic.twitter.com/gB6UXQIUer
— WinMiner (@TeamWinMiner) November 14, 2018
WinMiner’s platform allows anyone with unused computing power to mine cryptocurrency with just a few clicks. Using a unique algorithm, the platform “identifies the most profitable coin to mine by your machine at any given moment.” WinMiner can automatically sense when you need to use your computer, and will stop mining; a 3% fee is charged at withdrawal. Its token sale will begin at the end of this month, and the presale is currently live.
Co-Founder and CEO Ariel Yarnitsky was joined by Co-Founder and CTO Idan Feigenbaum to deliver the pitch.
Ariel Yarnitsky
WinMiner Was Chosen for Ease-of-Use, Established Traction with Users
The judges--Daniel Skowronski, CEO of DX Exchange, and Ran Amiran, Director of BD--chose WinMiner because of its focus on its core Blockchain Blockchain Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned.) In this sense, blockchain is immune to the manipulation of data making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tamper with. The Evolution of BlockchainBlockchain was originally invented by an individual or group of people under the name of Satoshi Nakamoto in 2008. The purpose of blockchain was originally to serve as the public transaction ledger of Bitcoin, the world’s first cryptocurrency.In particular, bundles of transaction data, called “blocks”, are added to the ledger in a chronological fashion, forming a “chain.” These blocks include things like date, time, dollar amount, and (in some cases) the public addresses of the sender and the receiver.The computers responsible for upholding a blockchain network are called “nodes.” These nodes carry out the duties necessary to confirm the transactions and add them to the ledger. In exchange for their work, the nodes receive rewards in the form of crypto tokens.By storing data via a peer-to-peer network (P2P), blockchain controls for a wide range of risks that are traditionally inherent with data being held centrally.Of note, P2P blockchain networks lack centralized points of vulnerability. Consequently, hackers cannot exploit these networks via normalized means nor does the network possess a central failure point.In order to hack or alter a blockchain’s ledger, more than half of the nodes must be compromised. Looking ahead, blockchain technology is an area of extensive research across multiple industries, including financial services and payments, among others. Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned.) In this sense, blockchain is immune to the manipulation of data making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tamper with. The Evolution of BlockchainBlockchain was originally invented by an individual or group of people under the name of Satoshi Nakamoto in 2008. The purpose of blockchain was originally to serve as the public transaction ledger of Bitcoin, the world’s first cryptocurrency.In particular, bundles of transaction data, called “blocks”, are added to the ledger in a chronological fashion, forming a “chain.” These blocks include things like date, time, dollar amount, and (in some cases) the public addresses of the sender and the receiver.The computers responsible for upholding a blockchain network are called “nodes.” These nodes carry out the duties necessary to confirm the transactions and add them to the ledger. In exchange for their work, the nodes receive rewards in the form of crypto tokens.By storing data via a peer-to-peer network (P2P), blockchain controls for a wide range of risks that are traditionally inherent with data being held centrally.Of note, P2P blockchain networks lack centralized points of vulnerability. Consequently, hackers cannot exploit these networks via normalized means nor does the network possess a central failure point.In order to hack or alter a blockchain’s ledger, more than half of the nodes must be compromised. Looking ahead, blockchain technology is an area of extensive research across multiple industries, including financial services and payments, among others. Read this Term technology infrastructure and its rapidly expanding user base, which has more than 200,000 people so far.
“I personally liked the ‘mining’ aspect,” Skowronski told Finance Magnates. “It represents true blockchain technology which seems to be rare these days when you look at all the ICO projects still coming out.”
Daniel Skowronski, CEO, DX.Exchange
Skowronski also cited the user-friendliness of WinMiner’s platform as one of the reasons they were chosen--”I like how anyone can mine the best coin with ease from their computer and it is all done automatically.”
Congratulations! We are glad to welcome you on https://t.co/gavrewTi9F!
— DX.Exchange (@DXdotExchange) November 14, 2018
While the listing on DX may provide WinMiner access to more high-volume and institutional token buyers, Skowronski acknowledged that “the exposure they will receive by listing on any exchange--not just DX--is good for them. It will also allow more of their community members to invest with WinMiner.”
”2 Bad Haircuts in T-shirts and Jeans”
Linda S. Leaney
Linda S. Leaney, CFO at GlobCoin.io, noted that their presentation was also delivered with skill, despite the fact that they were “2 bad haircuts in T-shirts and jeans”, and that “they were also in the minority of presenters not being English speakers, which can sometimes be a disadvantage.”
Idan Feigenbaum
Leaney added that the WinMiner team was “incredibly modest and just sat quietly waiting for their turn to speak and clapping everyone else.” When they presented, “one spoke while the other videoed him on his iPhone and gave him encouraging thumbs up now and again.”
Their modesty paid off. “Their pitch was succinct and clear,” she told Finance Magnates. “It laid out what the product is; how it works; the business model; how the UX feels; and the key was their 200K users so far. This goes way beyond a 'community' built possibly just of Social Media followers - this is active engagement.” Leaney added that the sizable userbase had been amassed “just on a couple of posts (Bitcointalk and Youtube) and then word of mouth.”
She also echoed Skowronski’s comments about ease-of-use. “It's a simple product to understand and use; they have a good variety of coins you can mine easily without specialist equipment; and a realistic business plan.”
“There's a lot of 'mining equipment' on sale for the real enthusiast; this product allows mining of (currently) 40 coins using your own laptop by anyone, anywhere in the world, who can engage in the crypto altcoin revolution easily and gain a modest daily payout for little effort. WINMiner has made the UX as simple as possible.”
"Truly Heartwarming"
"We thank the judges for choosing WinMiner," Idan and Ariel said in an email to Finance Magnates. "It is a great honor that represents an appreciation for the hard work we have put into building [the platform]..it is truly heart warming!"
"We are also very excited to have competed with the other 12 teams. These are people who pursue their dreams working very hard to drive our world to the next level, each team and project in their own unique way," they added. The team also expressed their beliefs that "[the listing] will no doubt boost the WinMiner ecosystem, with easy access and great benefits for WinMiners, WinMiner token holders as well as newcomers. It will certainly contribute to the exposure of WinMiner to new and wider audiences."
Idan and Ariel said that in addition to the victory, the platform is preparing to launch "Token Sale mode", which will "[allow] any WinMiner user to purchase WinMiner tokens by simply using the WinMiner platform, no need for paying in crypto or fiat ( participants will enjoy a 40% bonus on their mining earning rate.)"
Additionally, the platform will soon be "opening access to the WinMiner pools - this will allow, for the first time, users of ASICs as well as users not using the WinMiner software to enjoy the benefits of the platform."
"We are super excited about these new releases and hope it will help our users overcome the brutal last few days on the crypto markets," they said.