About Startup365

Chaque jour nous vous présenterons une nouvelle Startup française ! Notre pays regorge de talents et d'entrepreneurs brillants ! Alors partons à la découverte des meilleures startup françaises ! Certaines d'entre elles sont dans une étape essentielle dans la vie d'une startup : la recherche de financement, notamment par le financement participatif (ou crowdfunding en anglais). Alors participez à cette grande aventure en leur faisant une petite donation ! Les startups françaises ont besoin de vous !

#Blockchain Bitcoin and Market-Related Headlines Dominated Crypto News Coverage in 2018

Bitcoin and Market-Related Headlines Dominated Crypto News Coverage in 2018

2018 was a crazy year for cryptocurrency enthusiasts as markets dropped significantly in value, but there were still plenty of sensational headlines to capture attention in a period when digital currency news coverage changed drastically. According to statistics from Cryptocompare and alternative research from other sources, media crypto narratives have evolved rapidly.

Also read: Openbazaar’s New Social Media Platform Aims to Foster Privacy

The Top 5 Crypto Blogs According to Algorithmically Ranked Data

Bitcoin, blockchain, and cryptocurrencies still made headlines in 2018 within the financial technology space. Last year, coverage changed markedly throughout the industry with a bunch of new blogs and individual reporters attempting to cover the space. For instance, the algorithmically ranked data site Detailed ranks 50 cryptocurrency-focused news outlets, with the rankings updated every 24 hours. Detailed utilizes far more advanced web crawling and ranking techniques than can be found from sorting through Alexa traffic and Google Pagerank.

The top five cryptocurrency-focused news publications today according to Detailed.

The web portal Detailed uses software called the 8-bitbot, an extremely detailed web crawler that combs cryptocurrency blog ratings and measures the number of followers. According to the website’s algorithmic rankings, the top five digital asset news outlets comprise Coindesk, Cointelegraph, CCN, the Ethereum Blog, and news.Bitcoin.com. The lower bracket of news outlets had much fewer mentions throughout the last six weeks of link data.

Exposing Paid Content

Last year also saw sponsored coverage exposed including promotional ICO posts. Breaker Magazine’s Corin Faife reported in October that more than half of all crypto news publications tested took money to publish undisclosed promotional material. Out of 22 crypto news outlets, 12 said they would publish paid content without disclosing to readers that it was promotional. Two outlets explained they would do it “under certain conditions” and prices for the paid material were quoted between $240 to a high of $4,500 per published request. Faife’s report concludes that many of the news organizations are high traffic websites that rank near the top of Google’s news results. One news publication removed a staff member after Breaker Magazine’s evidence was published.

Surveyed news outlets that were asked to publish sponsored content without disclosure.

Trading and Market Headlines Increase

Another study published on Jan. 16 by the analytical data website Cryptocompare shows a  significant amount of news coverage changes last year. Using the company’s API, the firm collected metadata from 64,605 articles from 25 news sites throughout 2018. One chart shows how the subjects “bitcoin” and “blockchain” dominated the leading categories of news coverage. Other topics such as trading, mining, ICO, sponsored, exchanges and wallets saw much slimmer coverage.

The leading categories of cryptocurrency and blockchain news coverage in 2018.

Cryptocompare Research executive Charlie Humberstone explains in the recent study that trading and market commentary increased in 2018. “As ever, the volatile cryptocurrency markets were a topic of great interest to readers and garnered a large share of news coverage — Despite falling prices, the number of articles about crypto trading and market commentary actually increased as the year progressed,” Humberstone’s research details.

Altcoin coverage in 2018.

Bitcoin-Related Articles Dominated 2018

Even though there have been enormous amounts of hype surrounding altcoins and tokens over the last two years, the subject of bitcoin has regained dominance. The author remarks that bitcoin-related articles reached a peak of 42 percent by the end of 2018 but blockchain-related material remained prevalent. Digital currency news will continue to trend in 2019 while the way it is portrayed and reported on will evolve further. The bear market has affected some publications, according to Humberstone’s research, as the number of crypto articles dropped considerably from its peak in May 2018.

Do you think cryptocurrency media coverage is improving? Let us know what you think about this subject in the comments section below.


Images via Shutterstock, Pixabay, CryptocompareCharlie Humberstone, Breaker Mag, and Detailed. 


Have you seen our widget service? It allows anyone to embed informative Bitcoin.com widgets on their website. They’re pretty cool, and you can customize by size and color. The widgets include price-only, price and graph, price and news, and forum threads. There’s also a widget dedicated to our mining pool, displaying our hash power.

The post Bitcoin and Market-Related Headlines Dominated Crypto News Coverage in 2018 appeared first on Bitcoin News.

from Bitcoin News http://bit.ly/2CviYYy Bitcoin and Market-Related Headlines Dominated Crypto News Coverage in 2018

#Blockchain Crypto Cards Are Legal in Russia, According to the Finance Ministry

Crypto Cards Are Legal in Russia, According to the Finance Ministry

Using cryptocurrency debit cards to pay for goods and services does not contradict Russian law, Deputy Finance Minister Alexei Moiseev was quoted as saying by local media. He believes these transactions are legal as the seller receives the money in Russian rubles.  

Also read: No Reason to ‘Bury’ Cryptocurrencies, Russian PM Medvedev Says

Buying Coffee With Crypto Card Is Not Against the Law

Crypto Cards Are Legal in Russia, According to the Finance Ministry
Alexei Moiseev

The Russian Ministry of Finance receives a lot of queries about digital coins and their uses, Moiseev admitted during the Gaidar economic forum, an annual event that brings together politicians, academics and businessmen to discuss the challenges and opportunities for the country. He gave an example with a person who was prosecuted for paying his bill in a café with a payment card connected to a cryptocurrency account.

The ministry gave his opinion that the transaction was completely legal, as the cryptocurrency was initially converted to dollars and then to rubles. The café eventually got the money in Russian fiat currency which is in full compliance with the Russian law, the official explained during the conference.

“You can pay with these cards legally. What shouldn’t be done is to maintain a foreign account without notifying the tax service and reporting regularly the movement of funds. You’ll be responsible for that under the Code of Administrative Offenses,” explained Ivan Tikhonov, founder of the crypto news outlet Bitsmedia.

A number of crypto debit cards are currently available in North America and Europa. They are usually integrated with cryptocurrency wallets and payment platforms that allow instant conversion to fiat money and both online and in-store purchases as with any other bank card.

Cryptocurrency Not a Pyramid Anymore

During the forum, Alexei Moiseev also said that the crypto industry has changed in a positive direction. Cryptocurrencies don’t have the signs of financial pyramids anymore, he noted. The deputy finance minister added that the anonymity of digital assets and blockchain transactions is an illusion. He was quoted by News.ru as saying.

The financial pyramid element was something I used to talk about before, for which I was repeatedly ostracized. But I think that now there are no signs of it, in my view.

Cryptocurrencies, or digital financial assets as they are described by Russian institutions, remain unregulated in the country. The Russian parliament is expected to adopt at least three laws pertaining to the crypto sector this spring. The term “cryptocurrency” is not in the draft texts of the regulatory framework but a ban is not mentioned either. Russian lawmakers recently broadened the definition of “digital financial assets” to cover cryptocurrencies and tokens. The update came after pressure from industry organizations and was supported by the Finance Ministry.

“Money surrogates” are illegal in Russia, where the ruble is the only legal tender. That applies not only to decentralized digital coins but also to other fiat currencies such as the U.S. dollar. However, dollar bank cards are accepted for payments as the amount is always converted to rubles during the transaction.

Crypto Viewed as Potential Global Currency

The Russian government is likely interested in cryptocurrencies as an alternative to the greenback. The recent claims by an economist from the state-controlled Russian Presidential Academy of National Economy and Public Administration (Ranepa) that Moscow will soon invest heavily in bitcoin have been refuted by officials. Nevertheless, Ranepa’s Rector Vladimir Mau shared his opinion that digital currencies have a future and “huge development perspectives.”

Crypto Cards Are Legal in Russia, According to the Finance Ministry

Quoted by Tass, Mau said cryptos could become one of the elements of a new global currency system. “10 years ago, at the beginning of the current structural crisis, we talked a lot about post-crisis currency configurations: the yuan, SDR, strengthening the role of regional reserve currencies. Later, cryptocurrencies appeared and they must be part of this discussion,” emphasized the head of the presidential academy which is hosting the Gaidar forum. The academic added that the dollar is losing trust because of the internal political situation in the U.S.

What do you think about the future of cryptocurrency payments? Are you using a crypto debit card? Share your thoughts on the subject in the comments section below.


Images courtesy of Shutterstock.


Need to calculate your bitcoin holdings? Check our tools section.

The post Crypto Cards Are Legal in Russia, According to the Finance Ministry appeared first on Bitcoin News.

from Bitcoin News http://bit.ly/2DjMbXY Crypto Cards Are Legal in Russia, According to the Finance Ministry

#Blockchain Demystifying Bitcoin Futures Trading

Bitcoin is still a young and inefficient market, as evidenced by its many peculiarities. For example, contracts for bitcoin futures on the Chicago Board Options Exchange (CBOE) have been trading in backwardation, which means contracts with a later expiration are trading consecutively lower. This is not a bearish indicator for prices, however, analysts explain.

Also Read: How Have Bitcoin Futures Performed One Year On?

BTC Futures in Backwardation

When CBOE launched CBOE BTC (XBT) futures on Dec. 17, 2017, many investors were excited believing this launch validated Bitcoin as an asset class. In early 2018, the bitcoin futures curve started out in contango, but fast forward to early 2019 we have seen contracts for bitcoin futures on CBOE briefly enter backwardation. 

Mati Greenspan, senior market analyst at eToro, has previously shared his thoughts on CBOE’s bitcoin futures contracts signaling backwardation. He asserts that this trend does not represent a lack of confidence in the future price, with Greenspan highlighting that oil futures were trading in contango – the opposite of backwardation – before prices collapsed back in October 2018.

Demystifying Bitcoin Futures Trading in Backwardation
CBOE XBT BTC Futures, 16 January 2019.

Understanding Backwardation and Contango

Demystifying Bitcoin Futures TradingWhen trading futures, investors should be aware of basic principles such as the futures curve, and should determine whether the market they wish to access is in contango or backwardation. Contango, also sometimes known as forwardation, is when the future price of a commodity (in this case BTC) is above the expected future spot price. Investors who are long on commodities that are experiencing contango tend to lose money when the futures contracts expire. On the other hand, when a market is in backwardation, the futures price is below the expected spot price for a particular commodity. Backwardation indicates that the forward or futures curve is sloping down. It’s important to remember the futures market changes all the time.

Rise of Crypto Futures and Derivatives 

There is a belief that bitcoin futures provide some level of transparency, liquidity and efficient pricing to the sector, allowing investors to speculate on the price of BTC.  Frank Wagner, CEO and co-founder of Invao, explained that the cryptocurrency industry is still maturing into a more legitimate and established space. “Crypto traders are becoming more seasoned, and using the bear market to their advantage. Turbulent markets present an opportunity to turn profits. We’re going to see more of this in the coming year,” he predicted.

Wagner also added that in 2019 we will see the rise of crypto futures and derivatives: “The industry is awaiting clear, supportive regulation to allow these products to flourish. Derivatives will offer some insulation from market uncertainty and therefore an opportunity for new investors to get involved. All of the trends in crypto trading stem from a universal need to make the industry more stable, predictable, and legitimate.”

High Margin Requirement 

BTC futures products also give investors the ability to hedge and arbitrage. When the value of an account drops below the maintenance level, a margin call is triggered. The margin is like a down payment or a deposit that a market participant posts with the exchange clearing house. Some have complained that the margin requirement is too high for CBOE’s BTC futures, which sits at 40 percent. The minimum margin level is usually determined by the futures exchange and is around 5-10 percent of the total value of the futures contract. For example the margin requirement for an S&P 500 futures contract is just 5 percent.

Demystifying Bitcoin Futures Trading
Bitcoin Futures CBOE. One year chart, 2018-2019.

Since BTC futures trading products were only launched in December 2017, investors are still gathering data and observing the behavior of cryptocurrencies while refining their strategies. Fran Strajnar, founder and CEO at Brave New Coin, said: “Since 2013, we have witnessed the industry grow from just a couple of exchanges globally to a good number of exchanges set up in different countries. There has also been more on-ramps and off-ramps for retail investors in the early days, with sophisticated exchanges catering to institutional traders more recently.”

Strajnar added:

We have also seen the rise of futures contracts in 2018, made available via many brokerage firms that tap into CBOE and CME bitcoin futures or Coinshares’ bitcoin and ethereum trackers. We can expect to see the general trend of more exchanges and more financial instruments, particularly derivatives, being set up in 2019. We will also see the beginning of more high-frequency and quantitative style traders entering the market, now that more tools to execute and monitor trades are starting to come to the market. 

The Intercontinental Exchange has announced that its Bakkt Bitcoin Daily Futures Contract will launch this year. Investors are anticipating the Bakkt launch with great interest in the hope that Bakkt’s physically settled contract will attract a new wave of traders and facilitate new price discovery mechanisms.

Will we see the rise in popularity of Bitcoin futures in 2019? Let us know in the comments section below.


Images courtesy of Shutterstock, CBOE and Investing.com.


Need to calculate your bitcoin holdings? Check our tools section.

The post Demystifying Bitcoin Futures Trading appeared first on Bitcoin News.

from Bitcoin News http://bit.ly/2ARCGhc Demystifying Bitcoin Futures Trading

#USA Whyd now helps companies create their custom voice assistant

//

Y Combinator-backed startup Whyd is pivoting from hardware to software. The startup had been working on a connected speaker with a voice-control interface specifically designed for music. But a couple of years later, it’s clear that subsidized voice assistant devices from Google and Amazon have taken over the market.

Whyd is only keeping its own software platform and partnering with other companies. In other words, if you’re working on an app, a website or a skill for the Amazon Echo or Google Home, you can create your own voice assistant to interact with your content.

This way, your users get the same experience across all platforms and you don’t have to rely on Amazon’s or Google’s services.

“We let you integrate with a database of millions of items, create a custom agent and release it,” Whyd co-founder and CEO Gilles Poupardin told me. You can think about it as a sort of Algolia for voice queries. Instead of limiting yourself to basic queries (“play my favorite playlist”), you can handle complicated queries (“I want to dance on electronic music”).

In particular, Whyd focuses on the cloud infrastructure behind your voice assistant. The company doesn’t try to reinvent the wheel and lets you use any speech-to-text SDK. But Whyd can then interpret your query and give you results in little time.

The startup has already worked with 8tracks on its voice assistant. You can now search for music playlists in the mobile app using a voice assistant now. Whyd has developed different models for other verticals. You can imagine a voice assistant for video on demand, e-commerce and other services.

This is what happens between your database and your front end when users interact with their voice:

from Startups – TechCrunch https://tcrn.ch/2Hiy2OR

#Blockchain Openbazaar’s New Social Media Platform Aims to Foster Privacy

Openbazaar's New Social Media Platform Aims to Foster Privacy

On Thursday, during the first day of the North American Bitcoin Conference (TNABC), Openbazaar founder and CEO Brian Hoffman announced a new service called Haven Privacy. The product is a multi-faceted application for Openbazaar’s mobile and full node clients allowing users to chat, shop, and send cryptocurrencies in a private fashion.

Also read: Report From Within Shut Down Zimbabwe: A Government That’s Crippled Its Own Economy

Openbazaar Plans to Launch Privacy-Centric Social Media App

Openbazaar's New Social Media Platform Aims to Foster PrivacyDecentralized ecommerce marketplace Openbazaar has announced a new feature called Haven Privacy, an application that will be implemented into the company’s flagship software. The project was first announced at the TNABC event in Miami on Thursday as Openbazaar’s (OB1) founder Brian Hoffman unveiled the new service to the crowd. The Openbazaar team calls Haven Privacy a “super-app” because it offers users the ability to chat with other members in an encrypted manner, shop, and send digital assets privately. The new features will soon be available for Openbazaar’s mobile apps (iOS and Android) alongside the platform’s full node implementation.

“Unlike mainstream apps, privacy is at the core of everything Haven offers and when you use Haven, your data truly belongs to you — It’s encrypted and stored directly on your mobile device,” explains the Haven Privacy website.

OB1’s message adds:    

We believe that privacy and private money is a fundamental human right — Take back your privacy.   

OB1 Developers Worked on Haven Privacy for Two Years

Openbazaar's New Social Media Platform Aims to Foster PrivacyRight now, Openbazaar users have to wait for the company to release Haven Privacy but they can sign up for launch information by registering for the newsletter dedicated to the new service. OB1’s first employee Mike Wolf explained to his Twitter followers that the new application is a “game changer” and the project took more than two years to build. There is a full Openbazaar node built into the Haven Privacy platform, Wolf also remarked after the announcement. Openbazaar’s Washington Sanchez also detailed how excited he was to unveil the new decentralized social network Haven Privacy. “Private beta invites rolling out Monday; open beta to follow shortly after,” Sanchez told his Twitter followers.

Openbazaar’s announcement follows the year-long debacle of increased deplatforming, censorship, and impersonation scams on the giant social media networks like Facebook, Twitter, and Instagram. Many popular social media users have been banned and censored for expressing controversial opinions on these platforms. In response to these threats, there has been a slew of social media attempts like Memo and Honest Cash, which has been spearheaded by Bitcoin Cash (BCH) developers. Openbazzar’s application, however, is much more similar to the Hivr social media platform, which also offers registered users a place to post content, tip (BCH or BTC) and chat with one another using a native instant messaging system. Although Hivr’s userbase is very thin, Openbazaar should be able to leverage its existing users in order to help the social platform gain traction.

What do you think about the latest Openbazaar development, Haven Privacy? Let us know what you think about this subject in the comments section below.


Images via Openbazaar, Shutterstock, Pixabay, Haven Privacy, and Twitter.  


Have you seen our widget service? It allows anyone to embed informative Bitcoin.com widgets on their website. They’re pretty cool, and you can customize by size and color. The widgets include price-only, price and graph, price and news, and forum threads. There’s also a widget dedicated to our mining pool, displaying our hash power.

The post Openbazaar’s New Social Media Platform Aims to Foster Privacy appeared first on Bitcoin News.

from Bitcoin News http://bit.ly/2RWRAwu Openbazaar’s New Social Media Platform Aims to Foster Privacy

#Blockchain Report From Within Shut Down Zimbabwe: A Government That’s Crippled Its Own Economy

Report From Within Shut Down Zimbabwe: A Government That’s Crippled Its Own Economy

A shutdown of the internet by the Zimbabwe government this week, in an attempt to quell deadly protests, ended up achieving the exact opposite result – a total shutdown of the economy, including key public services like health and education.

Also read: South Africa Wants to Mandate Registration of Crypto Service Providers

Miscalculating Government Paralyzes Country’s Business Operations

Report From Within Shut Down Zimbabwe: A Government That’s Crippled Its Own EconomyMobile networks and internet service providers suspended web services on Jan. 15 under an order by the Minister of State in the President’s Office for National Security. The idea was to prevent social media platforms like Whatsapp, Twitter, Youtube and Facebook from being used by citizens to spread messages of revolution following a 150 percent increase in the pump price of diesel and petrol.

The ban was reviewed Thursday, Jan. 17 to apply only to those four popular social networks but was reimposed again later that evening. Since Jan. 14, when the demonstrations started, more than three people have died from the protests, partly mobilized on social media throughout the Southern African country’s major cities. Police stations have been burned down and shops looted and destroyed.

While the government may have been looking to strengthen its hand in news management and contain demonstrations, the shutdown has completely paralyzed business activities that rely on the internet. Instead of protestors shutting down the economy, the government totalized the inability of businesses to operate with the internet blockade. Bank transfers were impossible and the stock market was also down. All bitcoin-related transactions have been effectively disabled.

Meanwhile, the government explained the shutdown with conflicting messages, from a flimsy alibi to constitutionally drawn justifications. Ironically, the country’s president Emmerson Mnangagwa and other public officials continued addressing Zimbabweans on restricted social networks like Twitter, partly giving away the administration’s tendency to play international politics while restricting freedoms at home.

Stunned Citizens Switch to Censorship-Free Alternatives

The government’s social media communications might also be an acknowledgement of the futility of blocking communications, as citizens in crisis situations have always been known to move to the next available platform. A growing number of Zimbabweans have started to switch to Telegram and are utilizing TOR and VPNs to unlock restricted platforms like Whatsapp, Facebook and Twitter. Whisper networks are ideal for citizens to communicate outside state restrictions and surveillance.

The real miscalculation was the effect of such a total ban on business operations. The existing liquidity crisis, also responsible for fuel shortages, has forced businesses to migrate online, with most shops having gone cashless, using mostly bank cards to facilitate transactions.

Report From Within Shut Down Zimbabwe: A Government That’s Crippled Its Own Economy

The internet shutdown means that retailers such as supermarkets were closed for business. The social extent to the blackout has apparently been unclear to the Zimbabwean authorities. Instead of battling to keep social services uninterrupted, the government also compromised healthcare, education and other public services, as they not only rely heavily on electronic transactions, but also need internet for records, internal systems and research.

Blundering Government Conflicts Itself as Internet Providers Challenge Ban

On Jan. 15, citizens suddenly found themselves offline, left to speculate on the cause and length of the blackout. Others proceeded to renew their data packages, assuming they were out of data, only for the new data plan to expire unused.

The deputy minister of information, Energy Mutodi, initially denied that the government had shut down the internet, putting it down to congestion, and insisting subscribers check if they were using valid data bundles. Subsequently, his ministry contradicted him, claiming that the government was acting in terms of an act of the constitution. It said on its Twitter handle:

Interception of Communications Act provides for the issuing of a warrant to interfere with communications where…public safety or national security is threatened. An unknown number of anarchists are attacking anyone and everything is a national security threat.

On Jan. 16, the country’s biggest telecom company, Econet Wireless, sent its customers a notice attributing the internet shutdown to the government – one of the sweeping measures employed by the authorities to contain the violence, aside from allegations of indiscriminate state violence. The company said it was now challenging the internet blockade at the High Court.

Report From Within Shut Down Zimbabwe: A Government That’s Crippled Its Own Economy

Maintaining Free Course for Propaganda

Besides freezing the circulation of anti-establishment messages, the Zimbabwe government may have sought to maintain a free course for propaganda. Newspapers were unable to operate their web editions in the usual way and their ability to maintain touch with correspondents was initially limited till they caught on to alternative communications. The ban means media is still unable to take full advantage of social networks to share or receive updates. Government is also maintaining an illiberal chokehold on citizens’ ability to have an unmediated idea of what’s happening around them.

The heavy-handed state response to the protests indicates how centralized governance systems are anathema to individual freedoms, something that is rightly challenged by disruptive and decentralized systems like cryptocurrency and the dark web which resist state and corporate control. Perhaps the blackout, unjustifiable as it is, is an opportunity for citizens to think about the trust we have in governments and technology companies to maintain benevolent facilitation of our business and communication needs.

What is your opinion about the government crackdown on the internet and the protests in Zimbabwe? Share your thoughts on the subject in the comments section below.  


Images courtesy of Shutterstock.


OP-ed disclaimer: This is an Op-ed article. The opinions expressed in this article are the author’s own. Bitcoin.com does not endorse nor support views, opinions or conclusions drawn in this post. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the Op-ed article. Readers should do their own due diligence before taking any actions related to the content. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any information in this Op-ed article.

The post Report From Within Shut Down Zimbabwe: A Government That’s Crippled Its Own Economy appeared first on Bitcoin News.

from Bitcoin News http://bit.ly/2MhUOW3 Report From Within Shut Down Zimbabwe: A Government That’s Crippled Its Own Economy

#USA SimplyCook dishes up £4.5M Series A for its subscription-based flavourings and recipe service

//

SimplyCook, the recipe kit service that focuses on flavour ingredients, has closed £4.5 million in Series A funding. The round is led by Octopus Investments.

Unlike other recipe or meal kits, such as HelloFresh, Gousto and Marley Spoon, U.K.-based SimplyCook doesn’t send all of the fresh ingredients required to turn its recipes into food on your table. Instead, the subscription service consists of recipe cards and what SimplyCook calls “ingredients kits,” which are herbs, spices, sauces and other extras needed to cook each meal.

It’s not only a product that potentially has better margins than fresh food recipe kits — by negating the need to manage such perishable goods — SimplyCook founder and CEO Oli Ashness argues that SimplyCook’s flavour kits have broader mass-market appeal, too.

“Flavour products are used by over 50 percent of consumers weekly,” he says. “Whereas fresh food delivery still caters for maybe 0.25-0.5 percent of evening meals in the UK. Flavour already works as a way to get people cooking. Fresh Meal Kits are fairly unproven”.

“I am actually a fan of how some fresh food players are run and their founders, however, I am still not convinced fresh food meal kits will ever be mass market like us due to the level of monthly commitment. Getting people to spend [less than] £10 per month is much easier than asking them to spend £120-£200 per month, in my opinion. It’s going to be much easier for us to build a big base in customer numbers”.

He also makes the valid point that SimplyCook builds on the success of traditional flavour brands, such as Old El paso, Dolmio, Knorr, and Schwartz, “[that] have got millions cooking”.

Related to this, as well as selling subscriptions online, the company has launched SimplyCook recipe kits in physical retail stores. This is seeing it pursue a hybrid online/offline model that Ashness likens to healthy snack company Graze. (Notably, HelloFresh tried selling into grocery stores in the U.K., before cooling on the idea).

Meanwhile, SimplyCook says its Series A funding will be used to invest in technology and sales & marketing, in order to drive continued growth across the U.K. and beyond.

“We also expect this funding round to fuel international launches,” adds the SimplyCook CEO, [and to] provide working capital for the retail business and allow us to invest in technology to aid our operations. These investments we’ll make over the next 2 years”.

from Startups – TechCrunch https://tcrn.ch/2TS7x4m

#USA Flash, the stealthy e-scooter and ‘micro-mobility’ startup from Delivery Hero founder, raises €55M Series A

//

Flash, the stealthy mobility startup from Delivery Hero and Team Europe founder Lukasz Gadowski, is de-cloaking today, with news that the Berlin-based company has raised a whopping €55 million in Series A funding.

Despite rumours that multiple VC firms would be involved, the bulk of the new funding comes from Target Global via its mobility fund, which led this round and was already an existing backer of Flash. Others participating in Flash’s Series A include Idinvest Partners, Signals Venture Capital and a number of unnamed angel investors.

Notably, Gadowski is listed as an Entrepreneur in Residence at Target Global, and has been broadly working in the mobility space for the past two years. Rather quietly, he is also an investor in Grin, the Mexico City-based electric scooter company backed by Y Combinator.

In a call with Gadowski, he filled in many of the blanks relating to his new venture, including positioning Flash as a “micro-mobility” company that wants to solve the last-mile transportation problem. The startup is initially entering the e-scooter rental space, but this is just the beginning, he says. More broadly, the way he and his team think about Flash is that it is “unbundling” the car, with new forms of transport.

“In a few years time, micro-mobility will look very different from today,” says Gadowski, revealing that before founding Flash last year, he also took a hard look at new forms of aviation.

Even though it is still very early days for Flash, the startup already boasts a current team of more than 50 full-time employees, recruited from the likes of Uber, Amazon, and Airbnb. Alongside Gadowski, the other Flash co-founders are Carlos Bhola (Corp. Development) and Tim Rucquoi-Berger (Supply & Operations).

“This is not a scooter” – Flash branding in stealth mode

Notably — and definitely quietly — Flash is already operating in Switzerland and Portugal, with plans to launch into France, Italy and Spain in spring 2019, and in the rest of Europe in summer 2019.

The existing launches have been soft-launches, to say the least, with Flash e-scooters not initially carrying the company’s branding, instead sporting the label “This is not a scooter,” part in-house word play, part a statement of intent. Not just another scooter company might be an even more apt label if Gadowski’s longer-term ambitions are realised.

Perhaps more of a product-market-fit trial than anything else, Flash has initially used off-the-shelf e-scooters at launch, whilst simultaneously developing its own hardware and technology. The startup is headquartered in Berlin, but Gadowski tells me the team was first posted in China, establishing a supply chain and other partnerships that he believes can help give Flash the edge.

I put to him a common belief amongst some VCs that the e-scooter space in Europe is heading for a bloodbath that will continue to see a huge amount of venture capital pumped into the space, and subsequently many losers and a lot of money lost.

Recent raises by European e-scooter startups include Wind Mobility ($22 million), VOI ($50 million and Tier (€25 million). Meanwhile, Taxify has also announced its entrance into e-scooter rentals, and Bird and Lime have received substantial investment from three of Europe’s top venture capital firms. Index and Accel have backed Bird, and Atomico has backed Lime.

Gadowski appears for the most part unfazed by the swelling of competition coffers, although he does concede that the current “land grab” is forcing Flash to move slightly faster than it might have done otherwise. In some ways, he would have preferred to continue a more staggered, cautious roll-out, describing the startup as “product-first and multi-vehicle,” and says its customers are not just users of the service but local residents more broadly and the authorities with which it needs to coordinate. “Mistakes can be a lot more serious than at Delivery Hero, safety is involved,” he cautions.

The size of recent funding rounds in the space has also surprised him. However, he doesn’t think this is a “Facebook scenario,” where there will only be a single winner. Several micro-mobility companies can happily co-exist, he says, and the early movers are helping to pave the way for others, including Flash.

I suggest that the e-scooter land grab at its current pace also has a high chance of provoking a backlash amongst consumers and/or authorities, perhaps after a more serious safety accident or other source of reputational damage. Gadowski concedes this is definitely a “short-term” risk, but says there is so much determination by governments and local authorities to solve congestion and the last-mile problem, he doesn’t believe it will be a long-term one.

Finally, I asked Gadowski if he is considering acquiring smaller e-scooter startups in Europe (or perhaps elsewhere), as part of a roll-up strategy that would help the company leapfrog competitors. He declined to rule out acquisitions entirely — Delivery Hero was very effective in this regard — but said it doesn’t make much sense right now as hype in the space has pushed valuations way up. A more likely scenario, he says, is investing in or acquiring startups that can help with other aspects of the business, such as in the supply chain.

from Startups – TechCrunch https://tcrn.ch/2SZDp76

#Africa 10 startups selected to Pitch Live at Africa Startup Summit

//

Ten companies from across the continent have been selected to pitch on stage to investors, corporates, media and other stakeholders at the Africa Startup Summit in Kigali, Rwanda next month.

The inaugural Africa Startup Summit, one of three summits taking place at Africa Tech Summit Kigali, will bring together stakeholders in the tech startup space across the continent on February 14 -15 to explore the opportunities and challenges within the ecosystem, while showcasing Africa’s abundant entrepreneurial talent.

The focus will be on encouraging collaboration, and creating connections between investors, corporates, stakeholders and startups. As part of this mission, the organisers opened applications to Pitch Live at the Africa Startup Summit, with chosen startups earning the chance to pitch before an audience of over 400 investors, corporate partners, accelerators and media.

More than 100 applications were received from startups across the continent for the opportunity to take part. These have now been narrowed down to the chosen 10, which hail from seven African countries and are active in sectors as diverse as fintech, e-health, agri-tech and mobility.

Here is the full list of companies selected to Pitch Live at Africa Startup Summit:

7keema (Egypt): an on-demand home nursing services platform using mobile, AI, VR and telehealth technologies to ensure peace of mind for patients and higher incomes for nurses;

Appy Saude (Angola): the largest digital health portal of Angola, allowing users to identify and book healthcare service providers;

Complete Farmer (Ghana): a crowd-farming platform that enables users to own agricultural land and manage it remotely from their devices;

DéMars (Mauritius): a next generation mobile phone payments network for small micro payments built using the latest blockchain technology;

Exuus (Rwanda): leverages the power of collective saving and adequate credit scoring model to achieve financial inclusion;

Jetstream Africa (Ghana): a data-driven supply chain platform that enables food companies to buy agricultural products directly from African smallholder farmers and processors;

Leaf (Rwanda): provides financial services to the stateless and excluded by creating a virtual bank with blockchain technology;

Moja Ride (Ivory Coast): a Mobility-as-a-Service platform integrating local payment solutions and modes of transportation to help users find, book and pay for transport in their city;

OZÉ (Ghana): a mobile platform that empowers small business owners to make data-driven decisions to improve their performance and access capital;

RideSafe (Kenya): an emergency response service that utilises a micro-insurance financing model running on a decentralised blockchain application.

The selected startups will also have the opportunity to attend the rest of the event, which features three Summits, and take part in the wide variety of workshops, discussions and networking sessions taking place over the three days.

“We were delighted by both the quality and quantity of applications to Pitch Live at the Africa Startup Summit, and picking the final 10 was not an easy job. However, we are confident the businesses we have selected to take part are a strong representation of the high levels of innovation and entrepreneurial spirit within the African tech space, and look forward to showcasing them to potential partners and investors at the event,” said Gabriella Mulligan, co-founder of Disrupt Africa.

“Taking top African startups and giving them the chance to showcase their products and services on stage is a big part of what Africa Startup Summit is about. All of these companies will arrive in Kigali looking for ways to scale their businesses, and we will do all we can to help them succeed,” said Tom Jackson, co-founder of Disrupt Africa.

Tickets to attend Africa Startup Summit, including a 10 per cent discount for all Disrupt Africa readers, are currently on sale here.

The post 10 startups selected to Pitch Live at Africa Startup Summit appeared first on Disrupt Africa.

from Disrupt Africa http://bit.ly/2CqTg7z

#Blockchain Stock Exchange of Thailand Unveils Plan to Enter the Crypto Space

Stock Exchange of Thailand Unveils Plans to Enter the Crypto Space

The Stock Exchange of Thailand is reportedly planning to launch a cryptocurrency exchange. The securities companies that are members of the exchange will also apply for cryptocurrency broker-dealer licenses with the country’s regulator. Thailand currently has three licensed crypto exchanges.

Also read: Indian Supreme Court Moves Crypto Hearing, Community Calls for Positive Regulations

SET Planning to Enter the Crypto Space

The Stock Exchange of Thailand (SET), the country’s national stock exchange, is reportedly planning to operate a cryptocurrency exchange that is separate from the stock exchange.

Stock Exchange of Thailand Unveils Plan to Enter the Crypto Space
Pakorn Peetathawatchai

Dr. Pakorn Peetathawatchai, President of the SET, revealed on Thursday that the bourse is preparing to test a digital exchange prototype in the second half of this year, Post Today reported. The Bangkok Post elaborated that the bourse aims to “open a new exchange and become an authorised digital asset exchange this year,” adding that details such as the back-office system and which wallet to use for token storage are being worked out.

Stock Exchange of Thailand Unveils Plan to Enter the Crypto Space

The news outlet reported Pattera Dilokrungthirapop, chairwoman of the Association of Securities Companies and vice-chairwoman of the SET’s board of governors, commenting:

The bourse wants to catch the growing investment trend of digital assets.

The SET is overseen by the Thai Securities and Exchange Commission (SEC) and currently operates under the legal framework laid down in “the Securities and Exchange Act, B.E. 2535 (1992),” its website details.

SET’s Members to Also Enter the Crypto Space

Dilokrungthirapop explained that the SET plans to cooperate with its members to set up the crypto exchange, noting that securities companies that are members of the SET also plan to apply for crypto broker-dealer licenses in order to trade on the SET’s new exchange. She was further quoted by the Bangkok Post as saying:

Securities firms are currently waiting for the SET to apply for a license. For us, digital assets are expected to grow in the future as investors gain more understanding of this asset class.

Thailand’s cryptocurrency regulation went into effect in May, installing the country’s SEC as the main regulator of the crypto industry. The finance ministry has the authority to issue licenses to businesses wanting to operate crypto businesses.

Stock Exchange of Thailand Unveils Plan to Enter the Crypto Space

The ministry recently issued licenses to four cryptocurrency companies. Three of them are exchanges: Bitcoin Exchange Co. Ltd. (Bx), Bitkub Online Co. Ltd. (Bitkub), and Satang Corporation (Satang Pro). Coins Th Co. Ltd. is the only broker-dealer licensed. Meanwhile, three crypto exchanges have been rejected: Coin Asset Co. Ltd., Cash2coin Co. Ltd. and Southeast Asia Digital Exchange Co. Ltd. (Seadex).

What do you think of the Stock Exchange of Thailand entering the crypto space along with its brokers and dealers? Let us know in the comments section below.


Images courtesy of Shutterstock and the Thai SET.


Need to calculate your bitcoin holdings? Check our tools section.

The post Stock Exchange of Thailand Unveils Plan to Enter the Crypto Space appeared first on Bitcoin News.

from Bitcoin News http://bit.ly/2Hk3kou Stock Exchange of Thailand Unveils Plan to Enter the Crypto Space