Category: Advisory

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What is NEO and why is it gaining traction?

Categories Blockchain, Malta, The Blockchain Island, E&S Group, Technology, Tokenomics, Advisory, ESTS Initiative, ESTS, NEO, Competition

What is NEO and why is it gaining traction?

The Blockchain technology is overtaking the world by storm. More companies are shifting their business into the world of blockchain, most notably financial services, governments, healthcare and media.

Blockchain is a system of agreements working on encryption. A stream of computer nodes is connected to a common blockchain. They verify transactions until the last node is confirmed and completed. Once a transaction is processed it cannot be changed, deleted or manipulated.

Insight on the NEO platform.

The NEO platform was developed by a Shanghai-based blockchain R&D company called “OnChain”. They created a platform which is widely associated with Ethereum. On the NEO website, the platform is described as “non-profit community-based blockchain project that utilizes blockchain technology and digital identity to digitize assets, to automate the management of digital assets using smart contracts, and to realize a “smart economy” with a distributed network.”

The NEO platform works by smart contracts. These digital contracts follow specific-instruction which are programmed to the platform in a written code by programmers. Its role is to self-execute the contract given to it when certain conditions are made.

NEO is said to be similar to Ethereum. However, NEO’s space supports many different code bases, namely; C#, VB.Net, F#, Java, Kotlin to name a few. While on the other hand, Ethereum has its tailor-made proprietary language named Solidity. Every developer working on the Ethereum platform needs to get acquainted with this digital language before developing their projects on this platform.

The advantages that NEO has for developers is that it is easy to work on, and developers do not need to learn a totally new language to create their blockchain on the platform. NEO is easy to use in order for one to create new projects which include smart contracts.

What will the future of NEO be? Will it overtake Ethereum? Only time will tell what will happen to these two competing blockchains.

Care to win free ICO legal and Tokenomics advisory services. Click here to learn more!

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NEO seeding Competition

Categories Blockchain, Cryptocurrency, ICOs, Malta, E&S Group, Technology, Advisory, Tokens, ESTS Initiative, ESTS, NEO, Competition

NEO seeding Competition

Are you an operating ICO using the NEO platform? Do you want to operate your ICO project in a friendly jurisdiction which supports blockchain based businesses?

In this month of September, ESTS has launched a competition on NEO where you can be the winner of a fantastic prize; professional legal and advisory services offered by E&S Group.

Please follow these steps to participate:

  1. Submit a post on any of our social media platforms – FacebookLinkedInTwitter asking to be added to the NEO SEED COMPETITION
  1. Send an email to [email protected] describing your project and why the community should select your project (max. 350 words). Include links to your website and other important links.
  2. 1st day of Public Pre-Token Sale must accept only  ESTS Tokens.

 

The lucky winner will receive the following services for FREE:

  1. Get legal services on your virtual project.
  2. Tokenomics services.
  3. ESTS Certificate of Excellence
  4. Exposure to ESTS community on all of our social media.

Access to our network of private token buyers (high net worth individuals).

Want to learn more about the benefits of NEO, click here to find out more.

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Is blockchain technology vital for ICOs to function?

Categories Blockchain, Cryptocurrency, ICOs, Malta, ICO Legal Service, E&S Group, Technology, Tokenomics, Advisory, Tokens, Utility Tokens, Security Tokens, Ethereum, VFA Act, ESTS Initiative

Is blockchain technology vital for ICOs to function?

Every Initial Coin Offering (ICO) works by means of blockchain technology. Subsequently, blockchain is the source that issue tokens, trade cryptocurrencies and aid miners to operate the platform. This technology is combining many industries both private and public to use this advanced system of collecting data.

ICOs and Tokens

Although blockchain can function on its own, it is widely used by ICOs. Many companies and startups are moving towards a blockchain era of things. A surge of investors are spending their money on various projects and digital currencies that are exceeding the market cap by trading volume. However, most ICOs issue their cryptocurrency by means of tokens. In reality, ICOs are projects that are designed by founders offering a service to their followers. Most companies opt for a blockchain based ICO to remove any third parties. Money needed to start off the project is collected by means of crowdfunding. Tokens, another word for cryptocurrencies are issued to whoever funds and supports the initiative.

What will happen when ICOs reach their Soft cap and Hard Cap?

During the Virtual Financial Assets (VFA)  offering stage, ICOs invest in their marketing projects to attract more investors. During the VFA offering process, ICOs would need to reach their soft cap and then the estimated hard cap. When the VFA offering ends, every ICO takes a different path. Some of the currencies end up on the market cap, trading their tokens with other cryptocurrencies while others continue with their intended project.

Blockchain a decentralised platform.

Blockchain is a decentralised platform for storing data. This new technology is becoming an important platform for processing transactions. Every transaction is verified by means of computer nodes connected to each other. Besides Bitcoin, new blockchain based cryptocurrencies started to take over the market. One of the most popular blockchain platform by far is the Ethereum platform. Created by Vitalik Buterin, the Ethereum platform has become the ideal platform since it is easy to set up. The Ethereum platform works via smart contracts. These digitalised contracts work to facilitate, verify or enforce the negotiation or performance of a contract. Meanwhile, these contracts eliminate the use of third parties. The majority of ICOs tend to use the Ethereum platform for smart contracts.

Legal advice to ICOs.

Despite the fact that ICOs require blockchain technology to work, legal advice is of the utmost importance. Signing up your ICO in a progressive jurisdiction such as Malta would help the project reach its final stages. An interdisciplinary firm based in Malta, E&S Group, offers an array of services assisting ICOs from their concept stage up the actual offering. Advisory service offered to prospective ICO clients are blockchain, tokenomics, taxation, and opening a Malta company, to name a few. To date, E&S Group has successfully advised over 40 ICOs, all reaching their hard cap.

Now is the chance to set up your dream ICO project in Malta. E&S Group will help you achieve your dream. For further information regarding our ICO Legal Service please click here.  Or contact us on +356 2010 302  or by email on [email protected]

If you have an upcoming ICO and would like to take part in ESTS Seed Competition, please follow this link to know what is required of you to participate.

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Dr Christian Ellul has been chosen as an advisor for MuleChain.

Categories ICOs, Malta, E&S Group, Advisory

Dr Christian Ellul has been chosen as an advisor for MuleChain.

We are proud to announce that Dr Christian Ellul has been appointed an advisor for MuleChain.

Through the MuleChain platform, a solution has been addressed to inexperienced developers wishing to start developing mobile applications by means of a P2P logistics network. The MuleChain platform is easy to use, were developers can select and create a variety of new generation apps. Through this platform, inexperienced developers can earn revenue by becoming actors in logistics industries.

MuleChain has also developed the MCX Token which is accessed on the MuleChain app to use for actors to use a “cryptocurrency collateral” from MCX Tokens.

 

E&S Group is a leading law firm offering various services with regards to ICOs. Feel free to contact us directly on +356 20103020 or by email at [email protected] to find out how E&S can help you in ‘making things happen’.

For more information click the link.

 

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