Tip Blockchain — Know, Like, Trust!

Gecko Trader
Cryptocurrency Beyond Limits
4 min readJul 19, 2018

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Tip is a third-generation blockchain platform powering mass adoption of cryptocurrency by creating an ecosystem that connects end users and businesses on a network where they can transact easily across international borders. Our solution for end-users provides user-friendly usernames that are easy to remember, and discovery, so it is easy to find other users on the network.

The word “like” has a totally different meaning than it did ten years ago. For many today it is a mere feel good feeling encouraged by social media: a quick button, which can be quickly negated, lost amongst the likes that follow. To “like” is to simply admit that you are a follower amongst maybe 500 other “friends” out there who share the same fleeting emotion. The result is that “like” is a word which has become less meaningful and is often accompanied by “really like” or “I love it” or even when referring to a person, it is reinforced by a justification as to why.

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As many of you are aware a well- known methodology of marketing today is based on the “know, like, trust” principle. In a way it is a three level cross check process to reassure any doubts we may have. Something indeed has changed in our evaluation process and it is undoubtedly clear that the inner confidence in our own judgement is no longer the same. Spurred on by globalism and the jungle that the connected world can present to us, we need to refer.

So why am I dwelling upon this for an article about ICOs? Probably because believing in the right ones to back is a daunting task. By the sheer volume of ICOs out there and the saturation of “marketing speak” that accompany them, the feel-good needs more than ever that confirmation of trust. It is now instinctive in internet behaviour to cross-checked our doubts when looking for an answer on the web. Inevitably we scour the SERPS for the majority answer to be quite sure that we can trust that it is correct. The approach to the virtual ICO jungle which we wade through should be no exception to this.

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Liking an ICO is easy. When reading about an ICO which has a persuasive description and a concept which sounds workable, one is easily drawn to like it and often seduced to buy. Getting to know about is just as simple because ICOs are always accompanied by glossy white papers and often striking websites. However, trusting its authenticity, such as ICOs like
TIP Blockchain, is equally important for the shrewd investor. We read every day about promising ICOs but the last step in the investment process is undoubtedly authenticity.

Our vision is to create the most user-friendly and easy to use platform in the cryptocurrency economy, that connects businesses to end users, and removes the technical barriers that users face today when using cryptocurrency. Tip will be a strong catalyst for mass adoption of cryptocurrency.

A good indicator to a promising ICO, (besides looking at its scoring), is knowing who backs them or indeed those articles which endorse them. In the case of the ICO TIP Blockchain these are manifold. Positive articles can be found on an endless list such as Coin telegraph, Hackernoon or News BTC. Such a proliferation of praise can only increase confidence. Furthermore, this ICO shows a certain amount of a transparency by making these articles easily accessible with direct links to these sites.

Another element which heightens an ICO’s authenticity is whether it favours the KYC process. This being “know your client.” KYC is a buzzword. For those who don’t know this is the process of verifying your investor and ensuring that their interest in not for just pure money laundering purposes. The SEC (US Securities and Exchange Commission) have been highly interested in this procedure (compulsory for IPOs) with regards to ICOs and it is clear that those ICOs, like TIP Blockchain, who adopt this protocol demonstrate a responsible approach which could be argued as indicative of their legitimacy.

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A final validation of an ICO’s weight is to look into its past. Linkedin is certainly useful for this. Questions to pose would be what did the ICO team do before? Has their work been endorsed and if so what were their achievements? Although this evaluation is limiting as it could be viewed as “self-marketing” it is always useful to see a “historic” which maps out the number of years work experience each team member has and the connections he or she has within their ICOs targeted industry . Interestingly for ICO’s like TIP Blockchain, we experience an additional trust factor because you will find that their team had cohesion already. A high majority of their team have worked within the same company prior to Tip Blockchain. On investigation this company is a rising star of its industry and has experience with working successfully with big industry names.

Once users discover each other and contents on the network, they will be able to freely chat with them over peer-to-peer connections. Transactions can be sent over the wallet interface or directly from chat.

For More Details Visit these links:
Website: https://tipblockchain.io/
Telegram: https://t.me/TipBlockchain
LinkedIn: https://www.linkedin.com/company/tip-blockchain-network
Twitter: https://twitter.com/TipBlockchain
Medium: https://medium.com/tipblockchain
Facebook: https://www.facebook.com/TipNetworkio
Instagram: https://www.instagram.com/tipblockchain/
Reddit: https://www.reddit.com/r/TipBlockchain

Author:
Bitcointalk username: GeckoTrader
Bitcointalk Profile link: https://bitcointalk.org/index.php?action=profile;u=1846257

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