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Leo Crowd

LEOcrowd is a rapidly expanding global community built around the desire to assist entrepreneurs with creative projects. We bring together those proven and aspiring entrepreneurs with a crowd of people looking to back exciting projects in what has become known as crowdfunding.

"Hour of Power" With Dan and Atif

Dan and Atif explain why LEOcoin is moving from POW to POS; Atif gives three benefits of LEOcoin for entrepreneurs and Dan speaks for the first time about LEO Bank.

What would happen if your country issued a digital currency

“Antshares is a decentralized and distributed network protocol which is based on blockchain technology. People can use it to digitalize assets or shares, and accomplish some financial business through peer-to-peer network such as registration and issuing, make transactions, settlement and payment.”

LEOcoin Foundation speak at Washington DC Blockchain Summit!

Must Watch .. Extraordinary Results ( English )

LEOcoin: Currency for the World of Business Technology

LEOcoin is a relatively new digital currency that operates on a blockchain-based, peer-to-peer network. Entering a market saturated with altcoins, this project will have to set itself apart from the crowd if it wants to avoid getting drowned out by all the altcoin noise.

LEOcoin Attempts to Address the Needs of Business in the Technological Age

The team behind this project seems to recognize the uphill battle they face, and wants to differentiate their coin by optimizing it for business transactions. LEOcoin, using a proof-of-stake algorithm, is “designed to be a world currency and the currency of choice for entrepreneurs,” as stated on the project’s website.

“We combine development skills, international infra-structure [sic], [and] real world entrepreneurial know how,” the website reads, “creating a platform for growth second to none.”

Bitcoinist sat down with the project’s co-founder and CEO Dan Anderson to learn more about this project, and to ask him how his team plans to succeed in an environment where altcoins are abundant, and respect for them is minimal.  

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Tell us a little bit about LEOcoin’s background, what inspired its creation?

LEOcoin was created in June 2014, and has been backed by a dedicated digital currency exchange (www.LEOxChange.com) since April 2015. It is the first digital currency to be launched in the UK that is designed for small business owners; allowing individuals to make fast, secure and cost effective transactions through a decentralised peer-to-peer network. The usability and accessibility of the currency positions LEOcoin as a world currency and the currency of choice for entrepreneurs.

The unique opportunity LEOcoin offers compared to other digital currencies is that it was created with an oven-ready community of users via LEO’s global community of entrepreneurs.

The big picture is to help the millions of people all over the world, who are frankly poorly served by existing multi-national institutions. The arbitrary barriers placed in front of them are frankly offensive and we think that LEOcoin can be part of the answer to break down these institutional roadblocks to people trying to earn a living and do business.

Tell us about the development team’s experience, what kind of things have they worked on in the past?

Our development team working as part of the LEOcoin Foundation have all worked on smaller digital currency projects in the past. These projects were usually experiments and learning opportunities to develop digital currency knowledge. They are based all over the world  However, since launching LEOcoin, they have successfully gone through a hard fork as part of a move to a unique method of Proof of Stake and are working on developing and improving the coin every day.

How are you funding this project?

LEOcoin was created and developed by the LEOcoin Foundation. The main funder of the Foundation is LEO, an e-learning and education business dedicated to meeting the needs of small businesses and entrepreneurs.

What is the purpose of Leocoin, why should people use it instead of Bitcoin or any other altcoin?

LEO has a global community of merchants and members who were keen for a way to trade internationally without the barriers and restrictions that come with conventional currencies.

LEOcoin was designed to be an entrepreneur’s currency, that truly levels the playing field for international traders and small businesses. Of course LEOcoin is available to more than just LEO members, anyone can start up a LEO wallet with a few clicks of a button.

We have designed LEOcoin to be as user friendly as possible. Bitcoin was indeed the trailblazer, but is based on older technologies and has always been too complex for the general user, not to mention requiring powerful computers to run. LEOcoin has learnt from Bitcoin’s experience and offers a more accessible approach. Our Proof of Stake model requires a fraction of the processing power, significantly lowering the barriers of entry to consumers.

Additionally, the way our PoS system is designed is unheard of in the sector. We have tiered the rewards. People who stake wallets with at least 1000 coins get 10% reward over a year. 5000 coins secure a 15% annual return and 50000 coins merit at 20% annual reward. As far as we know, no other coin in the world has a PoS system likes this and the structure certainly incentivise positive behaviour.

What has the reception for this project been like so far? Are a lot of people expressing interest in the coin?

LEOcoin continues to go from strength to  strength. We launched with considerable fanfare in London and Hong Kong in 2014, and since then the LEOcoin community has continued to grow.

LEOcoin can be traded on multiple exchanges and recent trading volumes have been very high. On some exchanges there have been days when LEOcoin’s trading volume has been second only to Bitcoin’s. Now that’s obviously not a daily event, but it’s a great endorsement of the cointo see who’s trading and visit www.leoxchange.com for the latest trading price.

What is your long-term plan for success?

LEOcoin was created to be a levelling force in international trade for small business owners and entrepreneurs. We will measure our success by the number of opportunities LEOcoin creates for those budding businesses. Every time there’s a trade between individuals/businesses using LEOcoin where a fiat currency would have been restrictive or costly is a success in our book.

And going beyond that, we have a desire to change the way that business is done. We can start by improving systems and increasing access for people, but fundamentally there are massive institutions who are getting in people’s way and their size and history means that they can get away with it. These institutions are well overdue some major disruption, and that would be a great achievement for LEOcoin.

Is LEOcoin meant to be a competitor to Bitcoin or a compliment to the advantages Bitcoin already provides?

We did not create LEOcoin to be a competitor against Bitcoin, we’ve created LEOcoin to be a real alternative for international trading between small businesses and entrepreneurs. We have sought to emulate the advantages of blockchain technology, like that used by Bitcoin, whilst removing the drawbacks and the high barriers to entry.

Is LEOcoin meant to replace fiat?

LEOcoin is about creating a viable alternative to fiat currencies, one that breaks down international barriers. We have not set out to replace them. In fact if you look at www.leoxchange.com trades can be made in a combination of digital currencies and fiat currencies. We are trying to give businesses as much flexibility as possible.

Ultimately digital currencies can be a global way of transferring value. If you look at the old-world currencies. The pound has crashed; the Euro is in trouble, the dollar turbulent. Maybe it’s time the world looks at a more global solution that isn’t subject to the petty whims of national governments?

Thank you, Dan, for taking the time to answer our questions. Bitcoinist will continue to follow this project as it develops, and will stay in communication with the LEOcoin team to bring readers the latest news.

What do you think about LEOcoin? Will it succeed? Let us know in the comments below! ? ? ? ? 

Big Banks Collaborate on New Digital Currency for Settlements

               The news follows the long-awaited publication of the World Economic Forum’s look at how blockchain can reshape the future of our financial services infrastructure. Among its many findings, it stresses the need for ‘deep collaboration between incumbents, innovators and regulators’. It is encouraging therefore to see the emergence of this new consortium and its subsequent engagement with central banks.

Intro Of Block Chain Technology:- 

The blockchain is seen as the main technological innovation of Bitcoin, since it stands as proof of all the transactions on the network. A block is the 'current' part of block chain which records some or all of the recent transactions, and once completed goes into the block chain as permanent database. 

Time will tell what industry standards emerge for digital cash systems, as several others are being developed. CitiGroup’s ‘Citycoin’, Goldman Sachs' ‘SETLcoin’ and SETL, a London based institutional payment and settlement infrastructure based on distributed ledger technology, all offer alternatives. The technology may well experience its own ‘VHS/Betamax’ moment as the market coalesces around one system. Industry standards will be required in order to ensure interoperability across different propriety systems, geographies and asset classes. Existing standards in financial services, around payments, securities trading and settlement and trade finance may well have to be revised. Despite the hype surrounding blockchain, debate does remain however as to whether it is the best model to employ in this field and whether central banks will approve the proposal for settlements.

In response to the news, Hyder Jaffrey, Head of Fintech Innovation at UBS remarked:
“You need a form of digital cash on the distributed ledger in order to get maximum benefit from these technologies. What that allows us to do is to take away the time these processes take, such as waiting for payment to arrive. That frees up capital trapped during the process.”

On the other hand, Founder of UK digital currency, LEOcoin, and Chairman of the LEOcoin Foundation, Dan Andersson, welcomed the financial sector’s recognition of the value of block chain technology, but expressed serious concern that the move could see the world’s biggest banks attempt to “hijack” the sector and crowd out those working in disruptive finance technology.

“I am obviously pleased to see the financial world wake up to the value of digital currency, even if they are late to the party. It is clearly a good thing for this technology to no longer be treated as a financial pariah reserved for those with malicious intent. It has the potential to link up businesses and entrepreneurs on a global scale, and at the LEOcoin Foundation that is what we are trying to do.

“However, I am concerned that the ‘big banking’ sector’s centralising inclination may cause them to hijack and stifle blockchain and digital currency technologies to crowd out disruptive entries. If banks simply use digital currencies to do more of the same they will have missed the point of this revolutionary opportunity.”

Following the publication of techUK’s whitepaper focused on the industrialization of distributed ledger technology in financial services, authored by members TCS, techUK will be soon convening the first meeting of its DLT working group. Keep an eye out for associated activities in the remainder of the year.

Reference:- http://www.techuk.org/insights/news/item/9209-big-banks-collaboration?utm_content=buffer950d4&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer 

Network Development Training By ATIF KAMRAN

Network Development Training  By ATIF KAMRAN 

Only For Sign Up Members

Good News For Leo Coin Holders

!!!!! BIG NEWS !!!!!

LEOcoin holders,soon there will be LEOcoin credit card that you will be able to buy anything anywhere in the world or collect money anywhere in the world in any ATM!!!
This is just excample CC look!
Share with your friends!!!
More big news coming!
Price of LEOcoin under 1$ will be soon only nice history !!😎🍾🍾🍾

As one guy post this mean 38 milion merchants all over the world you can buy and pay useing LEOcoin!
Go go LEOcoin!

Big banks plan to coin new digital currency

Breaking News 

Four of the world’s biggest banks have teamed up to develop a new form of digital cash that they believe will become an industry standard to clear and settle financial trades over blockchain, the technology underpinning bitcoin.

UBS, the Swiss bank, pioneered the “utility settlement coin” and has now joined forces with Deutsche Bank, Santander and BNY Mellon — as well as the broker ICAP — to pitch the idea to central banks, aiming for its first commercial launch by early 2018.

The move, to be announced on Wednesday, is one of the most concrete examples of banks co-operating on a specific blockchain technology to harness the power of decentralised computer networks and improve the efficiency of financial market plumbing.

“Today trading between banks and institutions is difficult, time-consuming and costly, which is why we all have big back offices,” said Julio Faura, head of R&D and innovation at Santander. “This is about streamlining it and making it more efficient.”

Blockchain technology is a complex set of algorithms that allows so-called cryptocurrencies — including bitcoin — to be traded and verified electronically over a network of computers without a central ledger.

Having initially been sceptical about it because of worries over fraud, banks are now exploring how they can exploit the technology to speed up back-office settlement systems and free billions in capital tied up supporting trades on global markets.

The total cost to the finance industry of clearing and settling trades is estimated at $65bn-$80bn a year, according to a report last year by Oliver Wyman.

There are several rival digital cash systems being developed. Setl, a London-based group founded by hedge fund investors and trading executives last year, also aims to settle financial market payments with digital cash linked directly to central banks. Citigroup is working on its own “Citicoin” solution, while Goldman Sachs has filed a patent for a “SETLcoin” to allow trades to be settled near-instantaneously. JPMorgan is also working on a similar project.

“You need a form of digital cash on the distributed ledger in order to get maximum benefit from these technologies,” said Hyder Jaffrey, head of fintech innovation at UBS. “What that allows us to do is to take away the time these processes take, such as waiting for payment to arrive. That frees up capital trapped during the process.”

He said the project team would spend the next year seeking the approval and co-operation of regulators and central banks and aim for a “limited and low-risk” commercial launch by early 2018. The consortium members plan to argue that the system would improve transparency for regulators.

The US Federal Reserve, the Bank of England and the Bank of Canada are among central banks examining the potential benefits of digital currencies. But concerns include the security and the impact on banking stability.

David Treat, head of Accenture’s capital markets blockchain practice, said the technology was still at a stage of having “three to five years before we get things adopted at scale and several more years before it goes mainstream”.

Credits :-http://www.ft.com/cms/s/0/1a962c16-6952-11e6-ae5b-a7cc5dd5a28c.html#axzz4IEAGvq27

Leo Exchanges

Official Exchanges 

Big, independent exchanges that have nothing to do with LEO Corporate (except LEOxchange) have chosen to add #LEOcoin in their platforms as they already saw the STRENGTH of LEOcoin in the global arena. And in the coming days, more and more exchanges will do the same.

Anyone can now trade (buy and sell) LEOcoins with Bitcoin, Litecoin, Dogecoin, etc; LEOcoin with USD, GBP, Euros and even Russian Rubles.

LEOcoin has just entered the bigger markets along with the other established digital currencies. What does this mean for you? LEOcoin, being finite in quantity, the higher the demand, the higher the price will be. We don't give guarantee, but following the success of Bitcoin, amazing future really awaits to all LEOcoin holders out there. Build your balances NOW before it's too late. When that time comes, don't tell us we didn't warn you. #LearnEarnOwn
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Imaginary money: your cash won't be real in the future

" Five digital finance reasons why your pocket is about to be lighter " 

Money as a concept has changed a lot over the years - from mounds of salt back in Roman times ('salary' is derived from the Latin for salt) through to gold, then innumerable currencies and now to today's vast digital transactions. Sure, there's a lot of cash still sloshing around, but the big deals are all electronic.

Increasingly that's trickling down to us consumers too - from Wave and Pay in your local city bar, paperless bank statements and Oyster cards, through to rumors that Denmark is planning to go entirely digital. old money is on the run.

What's surprising is that your established high street bank is currently all in favor of digital transactions - they're cheaper to manage and a chance to slice off a fee.

But once consumers are happy with purely conceptual money then the role of banks themselves may start to change, and there's a wealth of alternative 'versions' of cash out there which are ready to exploit the new chapter of currency.

The changes coming our way are pretty big: from just altering the way we spend our cash to completely new types of money that could alter the financial landscape of the world, there's a lot to get your head around - so here's some help on that front.

Bitcoin

The behemoth of digital currencies, Bitcoin isn't just an alternative method of spending money. Its creators proposed that it could replace the traditional financial system entirely, ushering in a new utopia of hassle-free, unfettered consumerism.The key to the open-source distributed digital currency is that, unlike pounds or dollars, nobody owns or manages it, so it depends almost entirely on the trust of its users.

The central technological achievement is that all transactions are recorded publicly, within the 'blockchain cypher' which Bitcoin is based on, which means the lack of central 'owner' isn't an issue. There are many sites online where you can view Bitcoin transactions, such as this one.

Although it's free to use, it's a complicated technology to set up - there are 12 wallets recommended by the Bitcoin foundation alone, and many other options you could fiddle with if you choose.

Because it's based on open source software everybody has access to the code, including criminals, so it's vital to check that your chosen software packages are from a reputable source, and haven't been tampered with.

Finally, due to a limit on the total number of 'Bitcoins' that could ever be created, its future isn't assured as the money is literally running out.

However, the blockchain cypher which underpins Bitcoin may prove to be the long term winner, as the technology is being adopted and built upon by hundreds of companies. Maybe that new financial system will be a reality after all.

·         Price: Free

·         Ease of use: 1/5

Ethereum

As Bitcoin has struggled with public perception, a more flexible and investor-friendly rival has been rocketing in value. Ethereum was crowdfunded in 2014, and is run by a Swiss non-profit.

It takes the blockchain principle - in which all transactions are automatically and publicly logged without the need for a central agency - and opens it up for developers, and indeed anyone.

Because it's decentralised anybody can use it to create almost any kind of trading system imaginable, and there are hundreds of 'apps', created by both businesses and individuals, that offer new ways to do a mind-boggling array of tasks, from credit checks to trading to noise monitoring.

The 'wallets' are standardised, so while you can create your own currency you can also buy or trade others easily. You could create your own marketplace, build contracts with anybody else on the system, or make escrow-type deals.

This flexibility built on top of blockchain has led to companies including JPMorgan Chase, Microsoft and IBM describing Ethereum as a sort of Bitcoin 2.0.

On the downside, the inbuilt flexibility makes the software even more complex than Bitcoin, and Ethereum is so new that it's hard to predict how popular it will become. Still, who expects creating a new currency to be easy?

·         Price: Free

·         Ease of use: 1/5

Circle

Circle is a 'social payments' app for Android, iOS and the web that aims to get you making payments more easily and cheaply than ever before.

The main thrust of this is a slick app interface, where you can send or receive money immediately (along with emoticons or GIFs to convince your contacts to pay up).

There's a group request function too, so if you've shared a cab with a group of friends you can all chip in the next day. Download the app, link a card and you're off.

The interesting bit is that there are no transaction fees at all, and you can switch currency from pounds to dollars if you like, all for free.

Part of the reason for this lovely freeness is that Circle is based on open internet standards and protocols, including blockchain, so doesn't have to deal with the costs associated with traditional banks.

However, it's far from unregulated - Circle has an Financial Conduct Authority E-Money Issuer license, the first one ever issued to a consumer internet firm for cross-border payments with blockchain technology.

It's also partnered with Barclays Bank in the UK for additional trustworthiness. As it's a relatively new launch it's hard to say how popular it'll be, but being free and 'social' never hurt...

·         Price: Free

·         Ease of use: 3/5

LEO COIN 

LEOcoin is based on a blockchain algorithm too, and can be mined just like Bitcoin - it's based on Litecoin code, which is a licensed variation of, but extremely similar to Bitcoin. LEOCoin aims to be 'the entrepreneurs' digital currency of choice' and goes about this by being more secure - or so the founders claim - than Bitcoin; truly anonymous, and easier to use.

The process of downloading a wallet, then either buying or 'mining' your own LEOcoins is simplified, mainly by restricting the wide-open-choice nature of Bitcoin.

Another key difference is that by just maintaining a LEOcoin 'wallet' with coins in it you automatically accrue 'interest' at 4%, by being allowed to generate additional coins.

LEOcoin points out that this "is an excellent way to convince investors to hold on to their coins for an extended period". However, the product hasn't gained widespread traction yet, being still in the soft launch phase, so perhaps don't head out and change all your cash for LEOcoins just yet.

·         Price: Free

·         Ease of use: 2/5

Credits:- 

http://www.techradar.com/news/world-of-tech/imaginary-money-your-cash-won-t-be-real-in-the-future-1322397

Network Marketing: Worth It, or Too Good to Be True?

"Become a Millionaire!"

"Make Money 24 Hours a Day"

"Instant Success!"

 The headlines are certainly enticing, especially in today's troubled economic climate. The idea of making money right away without any special skills or major investment appeals to the immediate need, while the promise of residual income appeals to the desire to not end up in your current financial position ever again. And some highly reputable companies have been built on this marketing & distribution structure...

Avon, Mary Kay, Excel Communications, and more. But then there's the downside... "Do I really want to pitch this to all my friends?" "Can I actually make money at it?" "How do I know it's not a scam?"

If you're considering an MLM, CDM, or network marketing opportunity, ask these six questions to determine whether a network, multi-level, or consumer direct marketing is worth your while (and your money).

Who is your upline? ​

Take it all the way to the top. What do you know about the person who introduced you to the opportunity? Can you trust what they tell you? Are they willing to divulge exactly how much they've been making? And what about the founders of the company (assuming it's a newer company)? Have they been successful and reputable in their previous businesses? Investigate your entire upline just like you would a business partner you'd never met before.

What is the product? ​

Is it something that would sell well in a retail store or via other traditional marketing and distribution channels?

What's the competition like? How convincing are you going to have to be in order to sign up customers? If you're not an experienced salesperson, don't expect to become one overnight. You're going to have to become an evangelist for the product, so make sure you believe in it.

When will you start actually making money? ​

Don't fall for the line that it takes months or even years to show a profit.

You should be able to recoup any investment and start earning income within just a few weeks if there's really demand for the product. Making a living at it is another story. You need to be able to work it part-time in addition to other steadier income sources. Will you realistically be able to do that with this company?

Where is the product being promoted and where can you promote it? ​

Is the company doing advertising and publicity of its own to help create demand for the product? And what restrictions are there on where and how you can promote it (advertising, websites, etc.). There's not a right or wrong answer to that question - a wide open policy is more flexible for you, but for everyone else, too. If you're prepared to be highly competitive, that's fine, but if not, you may prefer to work with a company whose policy is more restrictive.

How were you recruited? ​

Were you recruited primarily as a customer, with just a mention of "income opportunity", or was the primary pitch about the business opportunity?

The ethical way to build a downline is to sign people up as customers first, and then if they like the product, they'll be drawn to become a rep. A hard-sell on signing up as a rep right at the outset should send up a red flag for you.

Why are you doing this? ​

This is perhaps the most important question of all. If you're doing it because you think it's going to help you out of a cash crunch, forget it. If you're doing it because you think you're going to be rich in a year, well, it's fine to have a vision but don't bank on it. On the other hand, if you really believe in the product, that gives you the best likelihood of success with it.

Credit:- https://www.thebalance.com/too-good-to-be-true-1200533