Category Archives: eCommerce

eCommerce, Entertainment, Events, Internet, News, Online, Services, Software

Bookies are Ready for NCAA March Madness to Return

Leave a comment

San Jose, Costa Rica, 2021-Feb-10 — /EPR INTERNET NEWS/ — Sportsbook software companies like PayPerHead are gearing up for what should be an exciting NCAA Men’s College Basketball Tournament. Called March Madness, the three-week event starts on Thursday, March 18, and finishes on Monday, April 5, with the 2021 NCAA Men’s College Basketball National Championship.

The NCAA canceled the 2020 tournament due to the coronavirus pandemic. Although the pandemic remains, the body that governs college sports says there are no plans to cancel this year’s event. Instead, in early January, the NCAA declared that all games would take place in Indiana, with the majority of the sixty-seven NCAA Tournament games happening in Indianapolis.

Traditionally, the March Madness Tournament produces the second most sports betting action of the year. Historically, the Super Bowl drives the most wagering action. The NCAA Men’s Basketball Tournament is a close second. With no tournament in 2020, bookie software agents relied on other gambling, like live dealer casino betting, to replace lost revenue. This year, per head agents are excited about the return of March Madness and expect pent up demand from customers.

Pay-per-head companies, the organizations that provide bookmakers’ software to run their businesses, are also excited. PPH sportsbook provider PayPerHead.com will run a promotion starting on February 8 to the college hoops title game on April 5. During the promotion, new customers only pay $4 per head for the company’s Prime Package. Per product manager Nate Johnson, the low price encourages non-customers to discover how PayPerHead is different.

“We’ll never be the low-cost leader,” Johnson said, “because our digital platforms provide player stickiness. The stickiness means players stay on our platforms longer, which means that with our platforms, agents make more money.” Johnson also added that the $4 per head promotional rate includes Live+, the company’s updated in-game betting platform. Johnson said Live+ includes game trackers and video streams. “Players have access to game stats that help them make informed live bets. They can also view games through video streams.”

After the $4 March Madness promotion ends, the company believes most customers will stay. “Our software is the best,” Johnson said. “We also provide things that other organizations in the per head industry don’t. Agents can pay and collect online, offer two separate live dealer casinos, provide their players a props platform, and offer 3D casino games. We’ll even help you create a branded website, and if you’re a master agent, we just developed reseller tools.”

Via EPR Network
More Internet & Online press releases

Advertising, B2b, Database, eCommerce, Internet, News, Online, Web, Web Marketing

Customer Data Platform Industry Update January 2021

Leave a comment

MILFORD, CT, United States, 4-Feb-2021 — /EPR INTERNET NEWS/ — Customer Data Platforms (CDPs) are increasingly embedded inside of larger systems, according to the CDP Institute’s latest Industry Update report. The semi-annual report found that ten of the 13 vendors entering the industry in the second half of 2020 provide campaign management or message delivery services in addition to the core CDP function of creating unified customer profiles. Such firms now account for 70% of the 133 CDP vendors identified in the report and 71% of industry employment.

Despite this trend, there is also strong demand for CDPs that provide only data management and analytics. Such firms actually grew the fastest of all CDPs types during the report period.

The report estimates CDP Industry revenue for 2020 at $1.3 billion and projects 2021 revenues will reach at least $1.55 billion. These figures measure revenues for all CDP product sales worldwide, including CDP components within other systems such as message delivery or ecommerce. It does not include related services or in-house customer data system development.

CDP employment grew by 25% in 2020, to just over 10,000, and the number of CDP vendors grew by 35% to 133. The COVID-19 pandemic resulted in deferred purchases by some potential buyers but accelerated purchases from buyers eager to improve their digital marketing capabilities.

The period saw several CDP acquisitions, most notably Twilio’s $3.2 billion purchase of Segment. In this and other deals, the buyer was a software company that planned to use the CDP as part of an integrated product stack. This contrasts with previous CDP purchases, which were often by firms outside of the software industry, such as Mastercard, who wanted to offer CDP capabilities to supplement other services.

About the Report

The CDP Industry Update Report provides detailed information on CDP vendors, employment, and funding broken by CDP type, location, founding year, and more. It includes four years of historical data collected at six month intervals. The report can downloaded for free at https://lp.cdpinstitute.venntive.com/DL2238-CDPI-Industry-Update-January-2021

SOURCE: EuropaWire

B2b, B2C, eCommerce, Entertainment, Events, Internet, News, Online, Services, Web Marketing

Bookies Expect Record-Breaking Super Bowl LV Action

Leave a comment

San Jose, Costa Rica, 2021-Feb-1 — /EPR INTERNET NEWS/ — On February 7, the most wagered upon event of the year happens when the Tampa Bay Buccaneers and Kansas City Chiefs hit the gridiron for Super Bowl LV. Annually, the NFL Championship game attracts the most betting action of any single event of the year. As per PayPerHead, the world’s leading bookie software provider, the 2021 Super Bowl should break betting records. Every year, more and more people wager on the Lombardi Trophy game. Last year, betting action on the Super Bowl totaled over $6.8 billion worldwide. In last year’s Super Bowl, the Kansas City Chiefs beat the San Francisco 49ers 31-20.

Kansas City’s return to this year’s game is one reason bookmaking software companies are bullish on betting action exceeding 2020’s handle. The Chiefs and superstar quarterback Patrick Mahomes are back. So is quarterback Tom Brady, which makes it so interesting to bettors. Brady became the fourth quarterback in history to take two different teams to the Super Bowl after the Buccaneers beat the Green Bay Packers and won the NFC.

On February 7, Brady plays in his tenth Super Bowl. The idea of the best quarterback in the NFL, Mahomes, taking on the best player in NFL history, Brady, in a game for the title has heads spinning.

“Even if you don’t have the internet or television, you know about this game. Patrick Mahomes and Tom Brady are two of the most popular individuals, not just athletes, but people on the planet,” said Nate Johnson, product manager for PayPerHead.

The industry leader provides software that enables individual bookies to run branded sportsbooks online. With PayPerHead.com software, an individual bookmaker’s sportsbook can offer the same options that larger sportsbooks offer. Johnson said the organization added two digital platforms that should help their per head agents break individual Super Bowl betting action records. The first is Live+, an in-game wagering platform that offers game trackers and video streams.

“With Live+,” Johnson said, “players have no reason to leave our agents’ sites. They can check Super Bowl LV stats, check out video streams, and make bets while the action happens.” The other platform that has PayPerHead agents excited is what Johnson calls Premium Props. “In the past, players couldn’t bet on sports performances through the same agent platform. Now they can.”

So far, adopting agents have seen at least a 15% rise in action from Premium Props. Johnson expects Super Bowl LV to blow past that number. “The NFL has never had a Super Bowl like this before. The best current player in the league goes up against the best player of all time and all eyes will be watching and millions of dollars will be wagered. In the National Football League, quarterback is the most important position. Patrick Mahomes and the Kansas City Chiefs versus Tom Brady and the Tampa Bay Buccaneers? It’s a historical, dream matchup. With Live+ and Premium Props, our agents are in the best position to capitalize.”

 

Via EPR Network
More Internet & Online press releases

B2b, B2C, eCommerce, Internet, News, Services, Web, Web Marketing

Offorte’s AI Textwriter automates the writing of business proposals

Leave a comment

BREDA, The Netherlands, 21-Jan-2021 — /EPR INTERNET NEWS/ — Discover how business proposals almost write themselves with the use of Artificial Intelligence in a new update from Offorte.com. Proposal software Offorte makes it easy to create business proposals using the new artificial intelligence functionality, which helps you write proposal texts.

The new tool generates texts composed based on your limited personal input. You can create a company, product, and service description, plus the option to rewrite your texts. Use the system to generate ideas and brainstorm together for a perfect result. Staring at an empty screen is a thing of the past.

Behind the screen, the most advanced AI technology in the world is used to your advantage. This AI model aims at producing natural language and is trained by reading trillions of words and sentences online. The technology is still in its beta phase and cannot yet substitute a human touch, but it comes close to the desired result. Business proposals feature many nuances, all of them essential to win a contract, and to process it in your bid, you need to look at it and fine-tune your text. The AI Textwriter helps to inspire, create and automate.

For Offorte, this is the beginning of a new chapter with new possibilities to help our clients even more in the process of writing a proposal. Each business has its unique driving power and character. Using data and analysis, it becomes possible to gain more insight into what works and what doesn’t, creating a proposal that retains its identity. Thereby you achieve better results and save a lot of time.

The ultimate goal is a scenario whereby an account manager explains the main points of a sales pitch, the client’s interests, and what the proposal must contain as parameters. The system then automatically creates a perfect proposal and provide further support in the sales process. Things haven’t progressed so far yet, but with the new Offorte’s AI Textwriter, steps are made in the right direction.

SOURCE: EuropaWire

B2b, B2C, eCommerce, Entertainment, Internet, News, Online, Services, Social Networking, Web, Web Marketing

TIKTOK FOLLOWERS, VIEWS AND LIKES SERVICE

Leave a comment

MIAMI, FL, U.S.A., 2021-Jan-15 — /EPR INTERNET NEWS/ — Not so long ago, a new service appeared in the field of TikTok promotion. And it is this service called TikTop that has proven itself quite Well. There are several reasons for this: over the history of its existence, it has gained a good reputation and, at the same time, offers services at quite pleasant prices compared to competitors.

Let’s see why this service is effective. So, the advantages:

The service allows Users to establish contact only with active users. Visiting Tiktoks, even adding videos from time to time, does not mean being active enough (from the point of view of an entrepreneur who promotes products, services, or just maintains their own content). But the video is uploaded by active users who are fond of Instagram.

Short stories. One video lasts a very short time. As a rule, users are not very attentive to short-term content posts, so they post several videos a day. And users can quickly view them.

First of all, profiles that TikTok thinks are interesting are displayed. However, viewing such pages is also more profitable for the buyer.

Only the video displays a list of people who viewed the content. But the person will not be able to find out who visited the profile.

And, finally, it is worth emphasizing once again that this service, as a method of attracting an audience and feedback from it, is still unknown to many. Therefore, users think that the owner of the TikTok account is actually gradually gaining popularity and is interested in content that attracts other users of the social network and encourages them to perform useful actions for clients (whether it’s likes, views , comments, or subscribers to the TikTok account).

What can the client get using the TikTop service ? And yet, what will be the result after performing the technique? Let’s look at what such a client can get in the end:

New subscribers. People who have viewed clients and those who are interested in the content offered by the user will subscribe to them. Most people watch interesting new videos anyway, so they are more likely to see the clients’ content directly. It only remains to flash in their field of view (this will be done by automatically attracting views).

The increase in coverage of the page. Even those who don’t subscribe to you will increase their reach – they will visit the page, put likes, watch videos, and leave comments. In General, even if the target audience does not increase, the page activity will increase, and this is also a positive result.

Attracting an active audience that is ready for action. Customers of the Tiktok service will not receive empty subscriptions, but they will attract those who often use TikTok and receive information from It.

A user interested in the TikTop service can choose one of the categories of people according to their target audience.

TikTop service is an unobtrusive advertising method. Now everyone knows that page subscriptions are made for profit. Comprehensive promotion is always effective, so if a customer is promoting their TikTok account, promoting the channel’s telegrams, if any, will be appropriate.

Another caveat: TikTop helps not only attract a new audience, but also keep the old one in touch. For example, your page is dedicated to music. The client is subscribed to by people who are not subscribed to by the client. Thanks to TikTop, the audience constantly watches videos of these users, again, very easily and unobtrusively reminding them of themselves. The person will go to the “interesting” section and see you when it is convenient for them. In the case of other services, pages are more Intrusive, often cause a negative reaction and refusal of the account owner to which the subscription is being made.

Via EPR Network
More Internet & Online press releases

B2C, eCommerce, Entertainment, Events, Internet, News, Online, Services

Bookies Offering More NFL Playoff and Super Bowl Player Betting Options

Leave a comment

San Jose, Costa Rica, 2021-Jan-12 — /EPR INTERNET NEWS/ — Most analysts believe the U.S. is in the middle of a sports betting boom. American bettors wagered $2.1 billion on sports in August 2020, representing a 90.2% increase from the same month in 2019. Companies like PayPerHead provide sportsbook software that allows individual operators to compete with larger organizations. As sports betting rises in popularity, the company believes its clients are in a position to capitalize.

Caesars Entertainment and MGM have also noticed the rise in sports betting and are ramping up. Caesars purchased William-Hill, one of the United Kingdom’s most popular sportsbook organizations, for $4 billion. Furthermore, MGM is currently in talks to buy UK company Ladbrokes for $11 billion.

PayPerHead, the gambling software leader for individual business owners, recently released a Prime Player Props platform where sports bettors can access the platform and wager on individual player performances. Nate Johnson, the company’s product manager, stated, “PayPerHead wanted to unveil Prime Player Props before the NFL Playoffs and Super Bowl so bookies can offer more.”

The average wagered worldwide on the Super Bowl is $6 billion. Every indication points to Super Bowl LV on February 7, breaking the $6 billion threshold and Johnson wanted to ensure their customers could offer all sports betting options on the big game. “But it’s not just the Super Bowl,” Johnson said. “Our agents can provide sports options on playoff games, like how many yards Tom Brady or Drew Brees throws. Basketball props are available as well. A player can wager on how many points James Harden scores, or whether Russell Westbrook gets a triple-double.”

PayPerHead recently added a premium casino, two live dealer options, and in-game betting platforms to their suite of offerings. Prime Player Props is another addition that Johnson is sure will help their agents increase action.

Johnson said that a sportsbook agent makes more money the longer players stick to their platforms. “The goal as a pay per head agent is to keep players on your digital platforms. The longer they stick to your platforms, the more action they deliver. The more action they deliver, the more wagers they make, the more money the agent makes.”
By offering everything a larger company can offer, bettors have no reason to leave a PayPerHead agent’s online sportsbook. “Our agents can now offer everything surrounding a single game. A player that wagers on a team to cover the spread can also wager on individual performances before the game. Then during the game, they can make in-game bets while watching the game in the Live+ software.”

Per Johnson, prime platforms have led to a 15% increase in wagering activity. Some of PayPerHead’s other customers have seen an even higher increase. “Some of our agents have seen a 30% rise in action after adopting premium platforms,” he said.

Johnson added that it’s all about providing value to PayPerHead’s customers. “The more value we give our clients, the more value they can give to their customers. The more money they make, the more money we make. At PayPerHead, we truly see our clients as partners.”

Via EPR Network
More Internet & Online press releases

B2b, B2C, eCommerce, Entertainment, Events, Internet, News, Online

Sportsbooks Getting Ready for NFL Super Bowl LV

Leave a comment

San Jose, Costa Rica, 2020-Dec-15 — /EPR INTERNET NEWS/ — Although the NFL Season has had some hiccups, sportsbook software providing organizations are preparing for the most important day of the year. Companies like Costa Rica based PayPerHead.com have already released promotions designed to help their customers gain as much profit as possible on the 2021 Super Bowl.

Year in and year out, the Super Bowl accounts for the most betting revenue of any single sporting event. The betting handle on the Super Bowl is worldwide. Massive amounts of money are wagered on Super Bowl Sunday. Estimates range from $5.0 billion to $5.6 billion.

The total bet on the 2020 Super Bowl, where the Kansas City Chiefs rallied in the fourth quarter to beat the San Francisco 49ers, came in at $5.2 billion. The amount represented a 6% increase from 2019.

Gamblers living in the United States placed at least $270 million on Super Bowl LIV. With the prospect of a game between two popular teams this season, PayPerHead expects their customers to see even more significant revenue.

The Kansas City Chiefs and 2020 Super Bowl MVP Patrick Mahomes have the best record in football. The popular Pittsburgh Steelers have a record that equals Kansas City’s. Over in the NFC, the Seattle Seahawks, New Orleans Saints, Green Bay Packers, and Tampa Bay Buccaneers all appear capable of making it to the NFL’s championship game.

The biggest stars in the NFL are quarterbacks, and most contenders for this season’s Vince Lombardi Trophy are led by big name quarterbacks. Drew Brees plays for the Saints, Aaron Rodgers leads the Packers, Tom Brady crouches under center for the Tampa Bay Buccaneers, Ben Roethlisberger plays for the Steelers, and Russell Wilson is Seattle’s quarterback.

Las Vegas books and sportsbook software agents are drooling over the prospect of a matchup between Kansas City and Mahomes and either the Saints, Buccaneers or the Packers. Quarterbacks for all four teams will make it to the NFL Hall of Fame, and the idea of a head-to-head matchup between the future hall of fame quarterbacks has everyone excited.

One of those excited individuals is Nate Johnson, PayPerHead’s Product Manager. Johnson said the company’s latest promotion would help non-agents jump-start their sportsbook businesses.

The company’s newest promotion allows new agents to pay $3 per head from when they sign-up until Super Bowl LV on February 7. Johnson said that the promotion gives new agents a chance to use all of the company’s bookie software, including their in-game betting, live dealer casino, and digital casino platforms.

“Players, a sportsbook operator’s customers, are most active from the NFL Playoffs to the Super Bowl. We want to give them a sense of how we’re better from their current software provider or introduce them to pay per head and how it can help them make more money,” Johnson said.

He added that most sportsbook owners who sign up with PayPerHead had no idea how much more the company had to offer. “I’ve gotten calls from agents who signed up with us marveling at how much more money they’ve made. That makes us want to fight even harder to help our customers succeed.”

Via EPR Network
More Internet & Online press releases

B2C, eCommerce, Entertainment, Internet, News, Online, Services, Software

No Negative COVID Effects on NFL Betting Action

Leave a comment

San Jose, Costa Rica, 2020-Dec-08 — /EPR INTERNET NEWS/ — Leading price per head sportsbook software company PayPerHead.com recently announced that the coronavirus pandemic had no adverse effects on the amount of revenue their agents have acquired since the start of the 2020 NFL Season. In doing so, the software company echoed statements from other sportsbook organizations.

In hindsight, sportsbooks should have expected muted effects from the coronavirus pandemic. Before the NFL season began, the American Gaming Association released a national survey of expected sports betting activity for the 2020 National Football League season.

The survey showed that an estimated 33.2 million adults living in the U.S., that’s 13% of the population, planned to wager on NFL games. 20% of those surveyed, around 6.6 million, said they were wagering in brick and mortar, physical sportsbooks.

8.6 million adults, 26%, said they’d make what the industry calls casual bets, wagers in pools, in fantasy contests, or by purchasing squares. Another 50% said they’d bet with friends, family members, or coworkers.

In 2019, 18% said they’d wager in a physical sportsbook. Among the three categories, brick and mortar establishments are the only ones that saw their expected football sports betting activity rise. Expectations for casual bets, fantasy contests, pools, and squares, was down from 31% in 2019. Last year, 53% said they’d wager with friends, family, or coworkers.

The category where expectations rose the most was NFL bets on online platforms. 34% said they’d make a bet through an online sports betting platform. That was up 5% from 2019. So far, the numbers have proven correct.

If anything, the pandemic has caused NFL wagering handle on sites like those that Payperhead.com agents run to increase. The company stated that the rise in betting across all sectors, sports, live dealers, digital casinos, and racebooks saw a bump this year.

Nate Johnson, PayPerHead’s Product Manager, said about the NFL bolstered betting action. “Once the National Football League said they’d start their season on time, our agents saw an influx of future bets on things like league MVP and the Super Bowl.”

Now over ten weeks into the season, agents have witnessed no drop-off in football betting action. “People are at home all the time. Although Netflix, Hulu, Disney+, etc., have a lot of content, there’s only so much sports bettors can take. As long as the NFL plays games and as long as those games are on television, players will bet on pro football, which means our agents will profit.”

About PayPerHead:
Founded in 1997, PayPerHead is the leading choice for serious bookies. The company’s Agent Payment Solution (APS) is the only in the PPH sportsbook industry that allows for online collections and payments. Bookies can offer their players two live dealer casinos, a variety of digital casino games, a new premium casino, live in-game betting, a poker room, wagering options on 80+ sports leagues, and horse racing. PayPerHead also has a best in industry referral program so agents can add to their profitability and prides itself on providing industry-leading, top-class customer service with over 20 plus years of experience.

Via EPR Network
More Internet & Online press releases

Advertising, Apps, B2b, B2C, eCommerce, Entertainment, Events, Internet, News, Online, Social Networking, Web, Web Marketing

Pleme launches web version of its Social media platform

Leave a comment

SYDNEY, Australia, 24-Nov-2020 — /EPR INTERNET NEWS/ — When Pleme started it was to make information on or about Croatia which would be beneficial to entrepreneurs in Croatia or people in the diaspora looking to build a better future and make better connections to unlock business opportunities faster.

Today we are pleased to announce that as of today Pleme web is live at https://web.pleme.app/ we also have launched “Vijesti” within the app which allows you to read all your Croatian news within the app!

In the coming months we aim to expand the premium content and partner with many organisations and influencers to cover everything from education, investing, business, health, food, wine, citizenship and much more.

SOURCE: EuropaWire

B2C, eCommerce, Entertainment, Internet, News, Online, Services, Software

PayPerHead Releases Premium Casino Platform

Leave a comment

San Jose, Costa Rica, 2020-Nov-11 — /EPR INTERNET NEWS/ — Payperhead.com, the world’s leading bookie software provider has released one of the most advanced digital casino platforms in the per head industry. Called the Premium Casino, the company expects the newest addition to their current suite of bookmaking platforms to help customers ride the growing online casino gaming wave.

In 2007, 24% of U.S. citizens had visited an online casino. By 2016, that number had grown to 64%. Just last year, the U.S. online gambling market, counting sports betting, casino wagering, bingo, and miscellaneous betting games, had grown to $53.9 billion. From 2020 through 2027, Gaming analysts expect that number to grow by a compound annual rate of 11%.

Digital casinos saw a sharp increase in the first half of 2020 after major sports leagues like the National Basketball Association and the National Hockey League shut down their seasons. Also, the NCAA canceled their annual basketball tournament which had become the most wagered on sports event in the United States, even surpassing the Super Bowl. Because of the lack of available betting options, players turned their attention to online casinos and the variety of entertainment they bring.

Many of those players continue to make wagers in digital casinos. Gaming platforms like PayPerHead’s premium option provides advantages that other types of online digital casinos don’t at the moment. The company’s Premium Casino offers more blackjack tables, high-definition 3D games, and is mobile compatible with every available operating software including Android and Apple.

According to Payperhead.com Product Manager Nate Johnson, the company didn’t have to find a new casino platform to offer their clients. PayPerHead’s customers were happy with the live dealer casino option as well as the current online digital casino, but after seeing how much action both had driven during the coronavirus pandemic, the organization decided to provide new offerings.

“We’ve added a new live dealer casino about a month ago. And now, with the Premium Digital Casino, our customers can offer their players even more with hundreds of additional games. When our bookie agents do that, they make more money,” Johnson said.

Johnson also added that PayPerHead’s goal has always been and will always be to help their customers to be as successful as possible. “We get paid when our pay per head agents succeed. If they fail, we fail, which is why we are always looking to add features and tools and profit-making platforms like the new Premium Casino.”

Via EPR Network
More Internet & Online press releases

B2b, eCommerce, Internet, News, Online, Services, Software

PixelPlex Notifies about the Update of Their Blockchain Development Services Webpage

Leave a comment

New York City, NY, 2020-Oct-16 — /EPR INTERNET NEWS/ — The leading blockchain services provider PixelPlex informs their clients about the changes introduced on their webpage devoted to blockchain development.

PixelPlex has shared more details about their work in the blockchain domain, pointing out that they implement their knowledge of AI, IoT, and cybersecurity services to achieve the most impressive results. Their team comprises true and devoted professionals who are responsible for delivering advanced and safe blockchain solutions.

The company can boast of completing 50+ blockchain projects, which have enabled the clients to increase security, efficiency, and ROI of their businesses. On their webpage, PixelPlex also admits that they cooperate with 50+ universities and have 20+ institutional-grade projects in the company’s portfolio.

According to PixelPlex, their team is capable of delivering projects of any complexity and any size. They offer the following services: Custom Blockchain Development & Integration, Cryptocurrency Exchange Development, Blockchain Consulting, Cryptocurrency Wallet Development, Enterprise Blockchain Development, ICO & STO Development, DApp Development, Smart Contracts Development & Audit, Mining Pools, Blockchain Game Development, Block Explorers. What’s more, they scrupulously select platforms and features for each project and always make sure that they’ll achieve a satisfying result.

As PixelPlex admits, they provide their services to various industries, where their crafted and ingenious solutions have managed to bring about positive changes and live up to the clients’ expectations. So far, the company has successаlly partnered with the business from such spheres as Supply Chain Management, Health Care, Retail and eCommerce, Social Media, Real Estate, Gaming.

Additionally, it’s pivotal to mention that PixelPlex is considered to be a trustworthy blockchain services provider for the FinTech industry. On their updated webpage, they give an opportunity to get better acquainted with such tremendous FinTech projects as Qtum, Echo, ProPool, Blockcerts, Obito, Bitnetwork, MyBIT, Arbitrage, and Resorts STO along with enterprise-level solutions based on such blockchain platforms as Hyperledger, Stellar, and Quorum.

Via EPR Network
More Internet & Online press releases

B2C, eCommerce, Entertainment, Free Stuff, Internet, News, Online, Services, Web, Web Marketing

Mato Jelic’s YouTube chess channel dominates in Australia

Leave a comment

ADELAIDE, South Australia, 2020-Oct-14 — /EPR INTERNET NEWS/ — Chess is an exceptional mind game and it requires a large amount of skill and practice as well as the ability to create and implement effective strategies. In spite of being a discipline rooted in ancient times, nowadays chess lovers have a variety of modern tools for developing their skills and improving their level, including online resources. Free chess videos can teach you how to play chess like a champion in a very short period.

The use of online tools for learning chess has grown exponentially in the last few months as a result of the Covid-19 pandemic. If schools like the Chess School of South Australia were extremely successful before the crisis, things have changed dramatically last autumn because of the lockdown and new social distancing rules. When the Covid-19 crisis hit South Australia, Mato Jelic, founder of the most popular chess school in the region, lost all his teaching contracts with schools and also all interschool chess tournaments were cancelled. His only income was from YouTube revenues, so he decided to focus on that.

At the same time, his real-life students still needed the mental exercise that chess provides, and an increasing number of Australians began to look for stimulating activities they could perform at home. This is how Mato’s YouTube chess channel, active since 2011, took off; as of October 2020, it has more than 140K subscribers and 87.5M lifetime views!

“You can learn how to attack aggressively to win or how to spot key quiet moves and still move in for the win,” reveals Mato Jelic, founder of Chess School of South Australia and the newest online chess star. Some of his videos have even more than 1M views and his most popular upload is about the greatest chess game ever played, between Garry Kasparov and Veselin Topalov in 1999.

When Magnus Carlsen, the current world champion, was launching his app – Tactics Frenzy – Mato was hired to promote it. “This app is addictive and will make you a strong player,” Mato warned his fans, who are already intensive users of his online chess tools and resources.

Mato is the founder and owner of Chess School SA, a leading provider of chess coaching services in Adelaide, South Australia. His YouTube channel is a great place for beginner and intermediate players to watch entertaining chess videos. The content focuses on categories such as the greatest chess games ever played, immortal chess games, the best games from the latest tournaments, old masters games, and free chess training.
https://chessschool.com.au/

Follow him on:
Facebook https://www.facebook.com/chessschool.com.au/
Twitter https://twitter.com/ChessSchoolSA
YouTube https://www.youtube.com/user/MatoJelic

Via EPR Network
More Internet & Online press releases

B2b, B2C, Cloud Hosting, eCommerce, Internet, News, Online, Services, Software

eFax investiert in neues EMEA-Kanalprogramm um die digitale Transformation in ganz Europa zu beschleunigen

Leave a comment

DUBLIN, 23-Sep-2020 — /EPR INTERNET NEWS/ — eFax, die weltweit führende Online-Faxlösung, gibt heute den Start eines neuen EMEA-Kanalprogramms bekannt, das die Unterstützung von Vertriebspartnern und Kunden verstärken soll, um die digitale Transformation in ganz Europa zu beschleunigen.

Das neue eFax-Partnerprogramm bietet den EMEA-Vertriebspartnern Zugang zu einer breiteren Palette wertvoller Dienstleistungen und Ressourcen, die ihnen helfen, neue Umsatzmöglichkeiten zu generieren und gleichzeitig wertvolle Online-Faxlösungen anzubieten, um die Initiativen der Kunden zur digitalen Transformation in der gesamten EMEA-Region zu unterstützen.

Das neue EMEA-Kanalprogramm bietet eine Reihe von Tools zur Unterstützung loyaler Partner, darunter führende Telefongesellschaften, Unified Communications as a Service (UCaas), Managed Services, Systemintegratoren und Gesundheitsdienstleister, die ihren Kunden Cloud-Fax-Plattformen zur Verfügung stellen wollen, wodurch ein umfassenderes Netzwerk hoch engagierter Partner entsteht. Das Programm unterstützt eFax-Vertriebspartner mit wertvollen Cloud-Fax-Plattformen, Dienstleistungen und Beratungen, die benötigt werden, um die Umstellung auf cloudbasierte Faxkommunikation im Rahmen von Initiativen zur digitalen Transformation zu beschleunigen und die Leistung von geschäftskritischen Anwendungen und Abläufen zu gewährleisten.

Zu den entscheidenden Vorteilen des Programms für Partner gehört die Möglichkeit, auf die eFax-Expertise und Dienstleistungen in gehosteten Unified Communications as a Service (UCaas) und in gehosteten Private Branch Exchange (PBX) Systemen zuzugreifen und diese anzubieten. Partner können ihre Expertise im Bereich der Cloud-Kommunikation erweitern und sicherstellen, dass Kunden für die Zukunft innovieren können, indem sie von Faxgeräten und Servern vor Ort auf die Cloud umsteigen und HIPAA/HiTrust-Sicherheitskonformität gewährleisten.

„Wir bei J2 sind sehr erfreut, unser Vertriebspartner-Programm in ganz Europa einzuführen. Wir sehen eine großartige Gelegenheit, mit führenden Telekommunikationsunternehmen, UCaas, Managed Services, Gesundheitsdienstleistern und Systemintegratoren zusammenzuarbeiten“, sagte John Mannion, VP Alliances & Strategic Partnerships von eFax bei J2 Global

„Kunden stehen heute mehr denn je unter dem Druck, ihre Betriebsabläufe durch Cloud-Services zu verbessern, die papierlastige Prozesse ein für alle Mal beseitigen, die Zusammenarbeit verbessern und die Datensicherheit garantieren“, führte John Mannion, VP Alliances & Strategic Partnerships von eFax bei J2 Global, fort. „Unser eFax-EMEA-Kanalprogramm unterstützt wertvolle Partner bei der Bereitstellung von Online-Faxlösungen, die es den Kunden ermöglichen, ihre Mitarbeiter an entfernten Standorten zu unterstützen, ihre Abläufe besser zu verwalten und diese Anforderungen zu erfüllen.“

Die abgestufte Partnerschaftsstruktur des neuen EMEA-Kanalprogramms ermöglicht es den Kunden außerdem, die Fähigkeit eines Partners zur Durchführung von dienstleistungsbezogenen Aktivitäten leicht festzustellen. Die Partner können eine neue Ebene an Expertise und Wissen erreichen, damit sie zu Experten für die cloudbasierte Faxkommunikation werden können. Mit der Unterstützung dieses Programms können Partner erhöhte Einnahmemöglichkeiten identifizieren und generieren, um ihr Unternehmen beim Wachstum zu unterstützen.

„Wie wir beim nationalen Gesundheitssystem NHS im Vereinigten Königreich gesehen haben, ist es nicht so einfach, das Faxen als Kommunikationsinstrument ganz abzuschaffen, wie es auf den ersten Blick scheinen mag. Organisationen müssen sich stattdessen nach alternativen Technologien umsehen, die die Kommunikation aufrechterhalten, aber auf eine modernere und sicherere Art und Weise“, sagt Scott Wilson, Director of Service von eFax bei J2 Global.

Weitere Informationen über das eFax-EMEA-Partnerprogramm, einschließlich der Kriterien für eFax-Kanalpartner in Europa und Informationen darüber, wie sie einer werden können, finden Sie unter:

(https://efax.de/channel) Deutschland
(https://efax.co.uk/channel) Vereinigtes Königreich
(https://efax.fr/channel) Frankreich

SOURCE: EuropaWire

B2b, B2C, Cloud Hosting, eCommerce, Internet, News, Online, Services, Software

eFax investit dans un nouveau programme de distribution dans la région EMEA

Leave a comment

DUBLIN, 23-Sep-2020 — /EPR INTERNET NEWS/ — eFax (http://efax.co.uk), la solution de fax en ligne leader au niveau international, a annoncé aujourd’hui le lancement d’un nouveau programme de distribution dans la région EMEA, visant à renforcer le soutien apporté aux partenaires de distribution et aux clients afin d’accélérer la transformation numérique en Europe.

Le nouveau programme d’eFax fournira aux partenaires de distribution de la région EMEA l’accès à une plus vaste gamme de services et ressources afin de les aider à générer des opportunités de revenus tout en offrant d’importantes solutions de fax en ligne visant à accompagner les clients dans leur transformation numérique dans l’ensemble de la région EMEA.

Le nouveau programme de distribution EMEA propose une gamme d’outils conçus pour soutenir les fidèles partenaires, notamment dans les secteurs de la télécommunication, des communications unifiées en tant que service (UCaas), des services gérés, des intégrateurs systèmes et des prestataires de soins, engagés à fournir des plateformes de fax dans le Cloud à leurs clients, permettant ainsi de créer un réseau plus complet de partenaires fortement engagés. Le programme aide les partenaires de distribution d’eFax avec les plateformes de fax dans le Cloud, les services et conseils nécessaires pour accélérer le passage aux communications par fax basées dans le Cloud, dans le cadre des initiatives de transformation numérique visant à assurer le bon fonctionnement d’applications et d’opérations essentielles aux activités.

Les avantages clés du programme pour les partenaires incluent la possibilité d’accéder et de fournir des conseils et services d’eFax dans des systèmes hébergés par des communications unifiées en tant que service (UCaas) ou par un autocommutateur téléphonique privé (PBX). Les partenaires peuvent intensifier leur maîtrise des communications dans le Cloud et assurer que leurs clients puissent innover à l’avenir, en passant des fax et serveurs sur site à des systèmes dans le Cloud et en garantissant la conformité aux normes de sécurité HIPAA / HiTrust.

« Chez J2, nous sommes ravis de mettre en place notre programme de partenaires de distribution à travers l’Europe. Nous pensons qu’il s’agit d’une incroyable opportunité de s’associer à des leaders dans les secteurs des télécommunications, des services gérés, des prestataires de santé et des intégrateurs systèmes » a déclaré John Mannion, VP Alliances et Partenariats stratégiques, eFax chez J2 Global

« Maintenant plus que jamais, les clients sont soumis à la pression d’améliorer leurs opérations via des services dans le Cloud, éliminant les processus lourds en papier une fois pour toutes, de parfaire la collaboration et de garantir la sécurité des données » continuait John Mannion, VP Alliances et Partenariats stratégiques, eFax chez J2 Global. « Notre programme de distribution eFax dans la région EMEA aide d’importants partenaires à fournir des solutions de fax en ligne permettant à leurs clients d’habiliter leur personnel travaillant à distance, de mieux gérer leurs opérations et de répondre à ces exigences. »

La structure à niveaux du nouveau programme de distribution de la région EMEA permet également aux clients de mesurer facilement la capacité d’un partenaire à exécuter des activités liées aux services. Les partenaires peuvent atteindre de nouveaux niveaux de compétence et de connaissances, ce qui les aidera à devenir des experts dans le domaine des communications par fax basées dans le Cloud. Avec le soutien de ce programme, les partenaires peuvent identifier et générer davantage d’opportunités de revenus afin de stimuler la croissance de leurs activités.

« Comme nous l’avons vu avec le NHS, au Royaume-Uni, supprimer entièrement le fax comme mode de communication n’est pas aussi simple qu’il y paraît. Les organisations doivent plutôt envisager des technologies alternatives conservant ce mode de communication, mais de manière plus moderne et sécurisée », a déclaré Scott Wilson, directeur des services, eFax chez J2 Global.

Plus d’informations concernant le programme pour partenaires eFax dans la région EMEA, y compris les critères et comment devenir partenaire de distribution eFax en Europe, sont disponibles sur :

France (https://efax.fr/channel)
Allemagne (https://efax.de/channel)
Royaume-Uni (https://efax.co.uk/channel)

SOURCE: EuropaWire

B2b, eCommerce, Hosting, Internet, News, Online, SEM, SEO, Services, Software, Web, Web Design & Development, Web Marketing

Mono Websites added to the leadhub platform

Leave a comment

COPENHAGEN, 23-Sep-2020 — /EPR INTERNET NEWS/ — Mono Solutions is pleased to announce a partnership with Lokale Internetwerbung GmbH & Co. KG, an expert in delivering a SaaS marketing solution to local businesses in more than 40 markets. This partnership brings the addition of Mono Websites to their proprietary toolbox offering, the leadhub platform.

As an established marketing provider with a focus on digital, leadhub is a spinoff from long-time Mono Partner, advantago. The leadhub platform was launched in 2012, and the addition of Mono Websites to the platform has been the perfect expansion alongside leadhub’s existing multi-channel, local marketing capabilities, including search engine advertising (SEA), display ads and Facebook ads.

“The launch of Mono in the leadhub platform is truly a testament to our long standing relationship and confidence in Mono’s technology. Throughout our partnership, Mono has always worked with us hand-in-hand to find solutions for new market developments and business opportunities – and it has therefore been a natural progression for us to involve them in our leadhub platform.” says Jens Unger, Executive Vice President at Lokale Internetwerbung, “We appreciate the openness and truly helpful nature of the Mono Team – and look forward to more exciting projects in the future.”

The leadhub platform focuses on providing marketing automation, as well as facilitating and optimizing the efforts of small businesses to reach more customers through the use of multi-channel online campaigns. With websites as a foundational element of any business’ digital presence, the addition of Mono Websites to leadhub was a central digital element to ensure that leadhubs’ small businesses clients can easily carry out- and effectively measure their digital advertising and marketing efforts.

“The leadhub project is very exciting, and we’re thrilled that Lokale Internetwerbung has included us on this exciting new journey to help small businesses. As a digital service provider with a proven track record, the leadhub platform is well positioned to bring more marketing automation to the digital efforts of small businesses. This aligns closely with our own vision of empowering small businesses to succeed online, and we’re thrilled to see our long-time partners, like Lokale Internetwerbung, forging innovative new concepts and ideas to bring professional websites to market”, says Svenn Andersen, COO at Mono Solutions.

Mono Websites were launched in the leadhub platform in August 2020.

S0URCE: EuropaWire

B2b, B2C, eCommerce, Entertainment, Events, Internet, News, Online, Services, Software

This Year’s NFL Season Could Be One For the Ages

Leave a comment

San Jose, Costa Rica, 2020-Sep-09 — /EPR INTERNET NEWS/ — Although questions about how COVID-19 will affect the NFL remain, most football fans, analysts, players and coaches have turned their attention to the start of the 2020 season. The defending Super Bowl Champion Kansas City Chiefs host the Houston Texans in the first official game on Thursday, September 10. From September 10 to January 3, the National Football League hopes to play seventeen weeks of uninterrupted football before turning their attention to the playoffs and the Super Bowl.

The new season means more to pay per head bookies than it may to anyone else other than NFL players. Even during years when the NCAA has a Men’s College Basketball Tournament, betting handle drops off 20% to 30% after football season.

Now that the NFL is back, bookies, especially, are excited about the upcoming season and Payperhead.com is seeing an increase in new agents. One experienced bookmaker said that 90% to 95% of his revenue comes from NFL betting. “I provide wagering services to fifteen people. They all bet on pro football. So, am I excited about the upcoming season? I’m enthralled!”

The coronavirus pandemic has already made the 2020 NFL Season unique. Many teams won’t play in front of fans. Teams that will allow fans, like the Atlanta Falcons, won’t play in front of full capacity stadiums. The lack of fans shouldn’t affect play on the field, as most people will be at home this winter watching the games across the country.

What could happen on the field is why so many are thrilled about this upcoming NFL season. It’s difficult to remember a time when an impact player like Tom Brady left his current team. Brady decided to leave the New England Patriots, a squad he won six Super Bowls with, to play for Bruce Arians and the Tampa Bay Buccaneers. Not only did Brady leave the Patriots but he ended up in the same division, the AFC South, as Drew Brees. The New Orleans Saints quarterback holds five NFL records. Brees and Brady face-off in Week 1 on Sunday, September 13.

Another quarterback battle has developed in the AFC. Kansas City’s Patrick Mahomes won the 2018 NFL MVP. The Baltimore Ravens’ Lamar Jackson won the 2019 award. Mahomes and Jackson are the favorites to win the 2020 Most Valuable Player Award. Also, their respective teams are the two favorites to win this year’s Super Bowl.

Tampa Bay and New Orleans in the NFC, along with the San Francisco 49ers and Dallas Cowboys, should spend all season jockeying for playoff positioning. In the AFC, the New England Patriots, who signed 2015 MVP Cam Newton to replace Brady, and Baltimore’s chief rival, the Pittsburgh Steelers, also figure to challenge for the conference championship.

Via EPR Network
More Internet & Online press releases

B2b, B2C, eCommerce, Entertainment, Events, Internet, News, Online, Services, Software

As NFL Season Draws Closer, Bookies Switch to New Software Providers

Leave a comment

San Jose, Costa Rica, 2020-Aug-20 — /EPR INTERNET NEWS/ — Although the coronavirus pandemic represented a bump in the road, the Global Sports Betting Market is on track to reach $155.4 billion by 2024. The trajectory, which represents a compound growth rate (CAGR) of 8.8%, can mostly be attributed to a couple of sports. By far, international sports bettors wager on soccer. In the U.S., football is the players’ betting sport of choice.

As the online sports betting continues to grow more bookies are looking for more established software companies like Payperhead.com to grow their businesses. Pay per head agents, those who use bookie software to run their sportsbooks, can expect the NFL to generate 2020 revenue in line with what they saw in 2019. In some cases, this NFL Season may generate more since players remain hesitant about visiting brick and mortar betting establishments.

Every year, the National Football League’s annual Super Bowl attracts the most wagering dollars of any single event. In 2018, the Super Bowl generated $158 million in handle. Some sports bettors wager exclusively on NFL football games. Their biggest bet of the year is on the Super Bowl.

Although the Big Ten and Pac 12 won’t have football this fall, the SEC, ACC, and Big 12 will. Also, the NFL is on track to start their season on time in September. The lack of Big Ten and Pac 12 games should have a negligible effect on football betting numbers. Most sports handicappers will turn their attention to SEC, ACC, and Big 12 college games.

Some pph sportsbook agents have already started the push for football wagering dollars. One agent who wished to remain anonymous said that he sent out the NFL’s opt-out list to his players a day after the league released it to the public.

The National Football League told players that they had until August 6 to opt-out of playing in the upcoming season. Players were compensated either $150,000 or $350,000 depending on their opt-out reason. On August 7, a per head agent copied the list and emailed it to his players. “I wanted to give my players information that can help them plan for the season.”

Customer care isn’t the only thing the agent did. He recently switched pay per head software providers, moving to a shop that offered credit card transactions. “Some of my players didn’t want to meet in person. Now, all they must do is use the system to pay me via credit card. I can also make payouts directly to their cards, which makes them happy.”

Although credit card transactions were the most important aspect that led to the switch, the bookmaking agent said that wasn’t the lone reason. “My players don’t wager much on NBA and MLB. So, I didn’t see much of a change in revenue. But losing the NCAA Basketball Tournament was huge. That’s my second best profit generator.”

“I had to find a pay per head shop that made it easy for me to import my players and offered more than my current provider did,” the agent said.

The agent added, “I don’t mind paying a higher per head fee because I can’t take the chance. I’ve got to try and make up the lost college basketball tournament profit with football betting.”

Via EPR Network
More Internet & Online press releases

B2b, eCommerce, Hosting, Internet, News, Online, SEM, SEO, Services, Software, Web, Web Design & Development, Web Marketing

Mono Solutions, part of Bauer Media Group’s SME Services, welcomes Jeppe Gammelby as its new CFO

Leave a comment

COPENHAGEN, 10-Aug-2020 — /EPR INTERNET NEWS/ — Mono Solutions, part of Bauer Media Group’s SME Services, welcomes Jeppe Gammelby in the role as Chief Financial Officer (CFO) starting August 1, 2020.

The Management team is delighted to onboard a new Chief Financial Officer who can continue to manage the financial growth of Mono’s global and partner-driven Software-as-a-Service (SaaS) business. In his role as CFO, Jeppe will be responsible for ensuring a sustainable financial strategy that supports Mono’s growth strategy. Jeppe replaces Kasper Boel Rousøe, who has decided to pursue new career opportunities outside Bauer Media Group.

“With a proven track record within SaaS and fintech, I’m thrilled to welcome Jeppe Gammelby as our new Chief Financial Officer. As we accelerate the growth of our business, strong financial management is vital and we warmly welcome Jeppe’s experience,” says Louise Lachmann, CEO & Co-founder of Mono Solutions.With a strong financial background, Jeppe brings more than 10 years of experience in financial controlling, planning and management. In his prior role as Finance Director at Verifone, Jeppe was responsible for leading the development and implementation of key financial strategies and initiatives, as well as the overall financial analysis to support and optimize strategic decisions. Jeppe holds a Master’s Degree in Business Economics and Auditing from Copenhagen Business School in Denmark.

New CFO for Bauer SME Services

At the same time, Thomas Loft was appointed Chief Financial Officer (CFO) for the Business Area SME Services, leading innovator and supplier of highly automated digital marketing services for small and mid-size companies. Thomas joins from the Danish company TimeExtender, where he was COO and CFO. Prior to that he had served for eBay in various senior Finance roles. Mono’s CFO Jeppe Gammelby will report directly to Thomas, as well as Louise Lachmann.

SOURCE: EuropaWire

B2b, B2C, eCommerce, Entertainment, Internet, News, Online, Services, Software, Web, Web Marketing

Bookies Clamoring for Safe and Secure Ways to Collect and Get Paid from Players

Leave a comment

San Jose, Costa Rica, 2020-Aug-07 — /EPR INTERNET NEWS/ — After the U.S. Supreme Court struck down the Professional and Amateur Sports Protection Act in 2018, U.S. based organizations created online sportsbooks to compete with offshore sportsbooks, also called post-ups.

Now the times have changed and as the local bookie business starts to gain in popularity, so do the demands of satisfying the players. And it’s PayPerHead’s proprietary Agent Payment Solution that is making it safe, convenient and practical for bookies from all walks of life to manage and grow their businesses.

Individuals have also become online sportsbook owners. In addition, existing bookies have taken their operations to the Internet. In most cases, bookies have become “pay per head agents”. A pay per head agent uses software to run their online sportsbook company. But although the software does some things well, most pay per head software struggles to meet agent needs.

Bookies must figure out on their own how to collect or pay players. In a social distancing age, that can cause major delays and disruptions in a bookie’s sportsbook operation. Not only that, but bookies cannot compete with offshore post-ups because they must keep their services at a local level.

Created in 1997, PayPerHead, a leading pph sportsbook software provider, has developed a mobile online payment interface, the Agent Payment Solution (APS®). PayPerHead’s agents can pay or collect from players via the APS in a matter of seconds. The APS works like PayPal but unlike PayPal, agents that use the APS mustn’t pay exorbitant fees.

The social distancing advantages are obvious. PayPerHead Product Manager Nate Johnson, though, said that’s just one advantage the Agent Payment Solution provides.

Johnson explains that, “We want our agents to be safe first of all. And not only that, but the APS allows agents to expand their businesses. It’s a mobile agent and player payment system that allows our agents to say, ‘Hey, you can pay and get paid in the same way as any offshore post-up operation.’ That allows our agents to increase their player footprint, which means they grow their sportsbook businesses, which means they make more money. Also, they don’t have to be restricted to the same area and can recruit players in other ways.”

Johnson noted that players can send money to their agents via credit cards, Bitcoin, eCheck, and even Moneygram. He added that PayPerHead believes the APS will revolutionize the pph sportsbook industry with its seamless technology. “With the APS, it’s all about confidentiality and security. We’ve created the PayPal for our industry. The difference is that the APS doesn’t charge a fee for every transaction the way PayPal does. In addition, our agents can make as much money as they want because they can promote their sportsbooks to players all over the world if they wish.”

Also, Johnson said the Agent Payment Solution provides peace of mind. “It’s a great thing to know that you’re going to get paid safely and securely. We’re the first and only to come up with an answer to that question, the most important question that pay per head bookies have. With the Agent Payment Solution, all our customers must do is go onto the system, go to Pay Me, then continue to the payout process and that’s it.”

Via EPR Network
More Internet & Online press releases

B2b, B2C, eCommerce, Internet, News, Online, Software

Bitcoin Proof of Stake – BitcoinPoS – BPS

Leave a comment

Dallas, TX, USA, 2020-Aug-04 — /EPR INTERNET NEWS/ — The Bitcoin core network today runs on the proof of work algorithm. It leaves the network open to the 51% attack, also it is costly to mine and harmful for the environment. The PoW mechanism has also been a hindrance to scalability.

However, numerous innovations are trying to deal with the issues, facing the Bitcoin network while preserving certain unique aspects of the original concept. For instance, the 21 million tokens supply along with the proven code-base that has been improved over a decade is worth preserving.

The Bitcoin Proof of Stake coin reserves the strongest aspect of the Bitcoin network with a flexible proof of stake algorithm. It presents a new paradigm in the utility of crypto. The Bitcoin PoS coin preserves everything that Bitcoin has while bringing new development to the blockchain technology.

Driving Mass Adoption
When Satoshi Nakamoto launched Bitcoin about a decade ago, his goal was mass adoption of crypto that would replace the current financial system. However, that goal has not been achieved. Many crypto projects in existence today have numerous issues that prevent mass adoption.

The Bitcoin PoS project aims to advance Satoshi Nakamoto’s vision of a decentralized financial network that is independent of centralized control. Bitcoin Proof of Stake is designed to be scalable and easy to use. The goal is to give access of banking services to billions of people globally. To achieve this, Bitcoin PoS aims to be a coin for ordinary retail payments.

About the Proof of Stake Mechanism
The Bitcoin network is secured using a proof of work mechanism. However, the PoW mechanism is energy-intensive and requires expensive mining rigs to secure. The proof of stake mechanism wants to replace how consensus is achieved. Instead of using PoW, the staker that generates a block has to provide proof that they have access to given number of coins.

Generating the block will entail the sending of coins to oneself, which proves ownership. The amount of coins needed for staking is determined via a difficulty adjustment model that is similar to the PoW mechanism. The goal is to ensure an approximate constant block time. Just like PoW, the block generation process will result in rewards via a transaction fee and supply model.

Bitcoin PoS Deals with the Bitcoin Centralization Problems
The Bitcoin network appears perfect to its proponents. However, it has a problem with centralization. The high cost of power and the expensive mining rigs mean that only a few select companies can afford to mine the BTC network.

The result is that only those with access to cheap power can secure the network. Today, most of those miners are located in China, which has led to a high concentration of mining power in one region. In effect, Chinese miners control the Bitcoin network. It was not the vision of decentralization that Satoshi Nakamoto had in mind.

To make the issue worse, the places where the cost of power is low also have highly authoritarian systems of government. Another issue is that in nations where the cost of power is high do not recognize BTC mining as a business. Thus, miners do not get access to subsidized power. It has led to the proliferation of mining cartels with some companies controlling as much as 5% of the mining power.

For retail miners, the only solution is to join mining pools, which effectively control all of the mining power of BTC. As a result, BTC is highly centralized in the current setup and it will only continue being centralized in the future.

Bitcoin PoS Solves the Issue
One of the issues that Bitcoin Proof of Stake solves is the cost of power. The proof of stake mechanism cuts the cost of power by 99%. As a result, it ensures that it will difficult from any entity to monopolize the network. The result is that Bitcoin PoS is achieving the vision of Satoshi Nakamoto.

The Current State of Bitcoin PoS
While Bitcoin Proof of Stake uses a proof of stake mechanism, the Bitcoin PoS still keeps up with upgrades to the Bitcoin network. Any upgrade made by the developers are added to the Bitcoin PoS blockchain. Today, the coin is tradable on crypto exchanges; it has a market price of USD 89.07 according to data on CoinMarketCap. It has a market cap of $308,995,384 and it is ranked at 40 by market cap in the world but actual raking on coinmarketcap.com is 205 because of their raking systems.

New listings on different platforms and exchanges will come.

Via EPR Network
More Internet & Online press releases