Ambrosus (AMB) and MakerDAO (MKR) now listed on Gatecoin
HONG KONG — 7 FEBRUARY 2018 — Gatecoin has listed Ambrosus (AMB) and MakerDAO (MKR) on our exchange. You can now trade AMB and MKR with BTC and ETH.
Details on both projects can be found below the following announcements.
NOTE: We have also delisted SNGLS and REAL trading pairs from our exchange. Clients holding these tokens on Gatecoin will be able to withdraw them to external ethereum wallets until otherwise stated.
Token pre-sale reminder
You can still participate in the Arcona (ARCON) token pre-sale until 21 February through Gatecoin.
TOKEN2049 — exclusive 20% discount on ticket prices for Gatecoin clients!
The Gatecoin team is very excited to offer a 20% discount for tickets to TOKEN2049, Asia’s largest digital asset event, at the Hong Kong Kerry Hotel, 20–21 March 2018.
With 1,000+ attendees and 100+ speakers including Brendan Blumer (EOS), Max Kordek (Lisk), Jack Peterson (Augur), Loi Luu (KyberNetwork), Jack Lu (Wanchain), Köppelmann (Gnosis) and of course Gatecoin’s CEO Aurelien Menant, TOKEN2049 will be a fantastic opportunity to meet the most influential members of the blockchain token industry.
Join them, global media, thought-leaders, regulators and hundreds of participants for two productive and insightful networking days.
Use the promo code GATECOIN20 at checkout to save 20% off the sale price. The offer expires this Friday, 9 February. Save 20% on Token2049 tickets now!
Gatecoin on Telegram
In case you missed last week’s update, Gatecoin is now on Telegram!
We have two separate channels for communications in English and Traditional Chinese.
These new channels will feature all official announcements from Gatecoin including service updates, new token listings and ICO pre-sale opportunities through our platform.
We will also share our latest blog content, educational materials and details on events we are organizing throughout the year.
For now, these channels will remain “broadcast only” and will not be used for customer support or public enquiries.
What is Ambrosus?
Ambrosus is a decentralized blockchain application that uses customized sensor systems and smart contracts to facilitate the autonomous and secure distribution and transportation of food and medicine across a global supply chain network.
How does Ambrosus work?
Amborsus’ sensors systems will verify and assure the quality, safety and origin of each product. The application’s smart contract will relay the recorded information to suppliers, logistics firms and vendors accordingly. For example, Ambrosus could detect whether a shipment of long-life milk from Australia to Hong Kong was maintained at the correct temperature, had the required lactose percentage, or was exposed to too much sunlight. If any of these conditions were breached, the farm in Australia, the Chinese shipping company and the supermarket in Hong Kong would all be informed.
One of the aims of Ambrosus is to build a reputation system of every company in the supply chain industry, thereby increasing transparency and product safety. This has the potential to greatly improve the distribution process and allow consumers to easily trace where an individual product is sourced from and verify it’s quality.
What is Amber (AMB)?
Amber (AMB) is the native token of the Ambrosus ecosystem and is designed to act as the digital footprint of a product. Amber will trace products throughout their supply chain, collecting and relaying information to suppliers, logistics firms and vendors. AMB will also be used to access other network services, interact with the sensor system, and to enter smart contract agreements.
Consumers of products being tracked by Ambrosus will not be required to pay to access information about the product. Amber tokens can remain attached to the food or pharmaceutical product until its expiration date, delivery date, or any point desired in the supply chain. Consumers or retailers will be able to claim AMB tokens at the purchase point of their product and then sell them back to a supplier or receive other rewards, incentivizing the purchase of Ambrosus tracked goods.
Who is the team behind Ambrosus?
- Angel Versetti (CEO) — former consultant and project lead for emerging technology investments at the United Nations, World Resources Forum, Bloomberg, and Google.
- Dr. Stefan Meyer (CTO) — has over 20 years of research and development experience in food analysis, ultrasound sensors, and data encryption. He also holds a PhD in Food Science from the University of Leeds and an MSc in Geosciences from the University of Lausanne.
For a full list of the Ambrosus team please click here.
Where can I find more information about Ambrosus?
- Ambrosus whitepaper
- Ambrosus blog
- Ambrosus website
- Ambrosus telegram
What is MakerDAO?
MakerDAO is a decentralized autonomous organization (DAO), a self-governing blockchain entity consisting of smart contracts, that is currently developing the Dai stablecoin. A stablecoin is a cryptocurrency designed to keep its price pegged to a specific reference value, such as the U.S. dollar or gold price. A stablecoin automatically adjusts the supply as the market shifts, issuing new tokens when the pegged-asset’s price rises and retracting tokens when the price falls.
MakerDAO uses a two token model:
- Dai, the stablecoin of this platform, which is backed by collateral
- Maker token (MKR) to balance the value of Dai
What is the MakerDAO token (MKR)?
MakerDAO (MKR) creates a market for Dai by buying and selling the token. MKR is locked to a smart contract and is automatically sold to maintain a stable value of Dai. MKR token holders will be entitled to fees that occur from the selling of Dai to maintain stability to its pegged value (e.g. USD). MKR tokens are important for the governance model of the MakerDAO ecosystem. Holders of the MKR token will have the ability to vote on specific risk management actions.
Who is the team behind MakerDAO?
- Rune Christensen (CEO and Founder) — serial entrepreneur that recently built and sold a successful HR company in China. He dropped out of university to start MakerDAO.
- Andy Milenius (CTO) — former Software Engineer at Amazon Web Services and Dapp Hub. Andy holds a degree in Computer Science from the University of Michigan.
For a full list of the MakerDAO team please click here.
Where can I find more information about MakerDAO?
- Maker whitepaper
- Maker medium
- Maker website
- Maker rocketchat
For any questions regarding this update please refer to our FAQ page.
Buy AMB and MRK NOW at Gatecoin.com
Thank you for using our service!
The Gatecoin Team
Risk Disclaimer
Trading blockchain assets such as bitcoin carries a high level of risk, and may not be suitable for all investors. Before deciding to trade blockchain assets you should carefully consider your investment objectives, level of experience, and risk appetite. You should be aware of all the risks associated with the trading of digital assets, and seek advice from a licensed financial advisor if you have any specific concerns.
