AICoin Announces Investment AICoin, a new type of investment vehicle that works as a collective combining

AICoin Announces Investment Board Formation

Bitcoin Press Release: Call Goes Out for Candidates from the AICoin Collective to Select Start-ups for Investment.

AICoin Announces Investment AICoin, a new type of investment vehicle that works as a collective combining

AICoin Announces Investment AICoin, a new type of investment vehicle that works as a collective combining the power of artificial intelligence with the wisdom of the crowd is nearing the close of its ICO subscription period.

The Collective follows an investment strategy that provides profit potential from two interrelated revenue streams designed to accelerate return on investment.  The first stage uses the funds collected during the ICO to make short term trades in multiple cryptocurrency markets using proven artificial intelligence models. The second stage takes trading profits and makes seed investments in promising young companies in the fields of artificial intelligence and blockchain. These investments can takethe form of a traditional equity stake or in the purchase of ICO tokens.



AICoin Announces Investment

As part of the governance process, an Investment Board will be created. The primary responsibility of the Board will be the preliminary review of investment proposals presented to the Collective for funding. Their goal will be to narrow the number of proposals down to no more than five every quarter. These finalists will then be presented to the token holders of the Collective to vote which of the proposals will receive funding.

The Investment Board is made up of five members; two appointees’ will be selected from the developers of the trading models (First Global Credit). One appointee will be an independent representative with knowledge of the world-wide start-up market – Jon Matonis, one of the original founders of the Bitcoin Foundation has agreed to take on this role; and two appointees’ will be elected from the population of AICoin token holders.

Any AICoin token holder is eligible to put themselves forward as a board candidate. To fulfill their duties, they must have the time needed to review proposals presented to AICoin. The board will engage in online meetings to discuss the merits of the individual proposals and jointly come to a decision on the opportunities to be presented to the Collective.

Some token holders have already stated their intention to apply for board positions and the process will commence directly after the end of the subscription period. Candidates will be provided with a forum where they can present their qualifications and state why they would be good candidates to become an integral part of the start-up selection process.

There will then be an on-blockchain election where token holders vote for the candidate they favor.  Following the vote, the candidate with the highest number of votes will be appointed for a two-year term and the candidate with the second highest number of votes will be appointed for a one-year term.

After the initial candidates are elected there will be follow on elections every year for one of the two posts.

All token holders are entitled to apply for a board position. To apply send an email to board@aicoin.io with the registered username on the site. A full list of applicants will be compiled before kicking off the formal process two weeks after the close of the ICO. The vote will take place 2 weeks later using the smart contract voting mechanism.

About First Global Credit

First Global Credit is the world’s first finance company that brings the profit opportunities existing in a wide variety, including mainstream markets within the reach of digital currency holders. With a presence in Geneva, London and Hong Kong, the company acts as a market neutral brokerage and NOT a CFD trading company that takes positions against customers. The company has been founded with the objective of providing services that accept cryptocurrency as a valuable asset that can be used to generate a return. These services are delivered with a focus on customer care not generally found in digital currency companies. First Global is committed to assisting customers meet the financial objectives for their digital currency portfolios. Systems are built using bank grade technology and security and are housed in Financial Grade Data Centers with failover capability. Our processes are designed to assure the privacy of our customers alongside the security of their assets.

Learn more about AICoin at – https://aicoin.io

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AICoin Appoints Jon Matonis  AICoin ICO, the world’s first tokenized investment collective, announces the appointment of Jon Matonis, one of the original founders of the Bitcoin Foundation

AICoin Appoints Jon Matonis as First Member of ICO Start-up Investment Board

Bitcoin Press Release: First Global Credit’s AICoin investment service gets Jon Matonis, the founding member of Bitcoin Foundation as a member of ICO startup investment board.

CURRENCY TRADERS 

AICoin Appoints Jon Matonis  AICoin ICO, the world’s first tokenized investment collective, announces the appointment of Jon Matonis, one of the original founders of the Bitcoin Foundation

AICoin Appoints Jon Matonis  AICoin ICO, the world’s first tokenized investment collective, announces the appointment of Jon Matonis, one of the original founders of the Bitcoin Foundation to the AICoin Start-up Investment Board. AICoin is the first passive investment service created by First Global Credit, a blockchain capital market company that has been serving the cryptocurrency ecosystem since 2014.

AICoin is not a token created to provide crowd funding for a start-up. It is a special purpose token built on the Ethereum blockchain that allows token holders to benefit from a 2-stage investment strategy. The first stage of the strategy takes 100% of the capital generated from the ICO and using the decisions generated by proprietary artificial intelligence trades the top seven cryptocurrency markets, identifying market opportunities and exploiting them on a 24/7 basis.

As trading profits accrue, they will be allocated to an investment pool used to make regular investments in artificial intelligence and blockchain start-ups, thereby defining the second stage of the investment strategy. Startups focused on these two technologies will be solicited immediately following the close of the ICO on August 28. The start-up selections will first be put in front of the ICO Investment Board, now including Mr. Matonis. They will be reviewed and narrowed to no more than five finalists and then be presented to the ICO collective for voting based on the token – which is designed as a Smart Contract. The start-up selection process will leverage the knowledge and experience of token holders, taking into account the “wisdom of the crowd” phenomena as recognized in a statement made by Gavin Smith, the driving force behind AICoin and the CEO of First Global Credit:



AICoin Appoints Jon Matoni

 

“Research indicates that better decisions can be achieved by a group of people that bring diverse perspectives, skills, and experience to the decision-making process rather than relying on decisions made by a small and potentially biased group. So, while the profit potential of our A.I. driven cryptocurrency trading is pretty exciting stuff, we believe the bigger opportunity comes from investment in blockchain and artificial intelligence start-ups; two of the most disruptive and therefore potentially world changing technologies to hit the market since the Internet.”

Mr. Matonis has agreed to a position on the Investment Board. He brings with him a wealth of knowledge and tremendous insight as it relates to the chosen start-up technologies. As a Founding Director of The Bitcoin Foundation, Jon is highly regarded as a public figure and thought leader within the digital currency market. Jon has held prior executive positions with Hushmail, VeriSign, and Tradehill. Earlier in his career, Jon held senior positions with Sumitomo Bank and VISA International. He is a frequent featured speaker, contributor, and writer at events and in publications that focus on fintech and related businesses and technologies.

Marcie Terman, COO of First Global Credit had the following to say regarding this appointment:

“Jon has been instrumental as an advisor to First Global Credit and one of the first people to publicly express their excitement over AICoin. He is a perfect individual for the Investment Board. He brings a significant amount of experience and insight as well an unbridled enthusiasm in identifying opportunities in blockchain and artificial intelligence tech start-ups.”

Regarding his appointment, Mr. Matonis made the following statement:

“This investment board position will afford me the opportunity to recommend sensible investments in the sector that truly leverage the properties of global openness and immutability. I think this token is perhaps one of the most exciting and innovative launches in the ICO market to date. The idea of generating profits from AI as an engine for other AI and blockchain tech start-ups is both inspired and visionary. I look forward to serving the token holders and the eyes and ears of the marketplace by identifying the richest ideas for further consideration and investment.”

The investment board will also include two members voted from the token holder collective.

About First Global Credit

First Global Credit is the world’s first finance company that brings the profit opportunities existing in a wide variety, including mainstream markets within reach of digital currency holders. With a presence in Geneva, London, and Hong Kong, the company acts as a market neutral brokerage and NOT a CFD trading company that takes positions against our customers. The company has been founded with the objective of providing services that accept cryptocurrency as a valuable asset that can be used to generate a return. We deliver these services with a focus on customer care not generally found in digital currency companies. First Global is committed to assisting our clients meet their financial objectives for their digital currency portfolios. Our systems are built using bank grade technology and security and are housed in Financial Grade Data Centres with failover capability. Our processes are designed to assure the privacy of our customers alongside the security of their assets.

For further information or to invest in the ICO, visit account.aicoin.io.

Learn more about AICoin at – https://aicoin.io

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Mark Cuban ICO Investment  Mark Cuban ICO Investment Mark Cuban ICO Investment Mark Cuban, billionaire owner of the Dallas Mavericks

Mark Cuban ICO Investment: Should You Follow?

Mark Cuban Cryptocurrency Flip-Flop on Bitcoin Bubble

Mark Cuban ICO Investment  Mark Cuban ICO Investment Mark Cuban ICO Investment Mark Cuban, billionaire owner of the Dallas Mavericks

FOREX INVESTORS Mark Cuban ICO Investment  Mark Cuban ICO Investment Mark Cuban ICO Investment Mark Cuban, billionaire owner of the Dallas Mavericks, was a vocal critic of blockchain technology. He even called Bitcoin a bubble, which gives the impression that he thinks it is all nonsense. And yet the Unikrn eSports ICO tells a different story…try Googling “Mark Cuban ICO investment” or “Mark Cuban cryptocurrency” to see what I mean.

Cuban is “thinking” about investing in an initial coin offering (ICO) held by Unikrn.

The company appears quite straightforward. It is an online betting platform where people can place bets on sporting events. (Source: “Mark Cuban, who just called bitcoin a bubble, says he plans to invest in another digital coin,” CNBC, June 30, 2017.)

Mark Cuban ICO Investment into Blockchain Technology

Is Mark Cuban’s presence a good thing or a bad thing?

We can laugh at his hypocrisy all we want, but it doesn’t add any change to our pockets. He is still a billionaire, and we are still not. So let’s look at the pros and cons to Cuban’s potential investment in Unikrn.

Pros

Of course, the Unikrn eSports ICO is lucky to have Mark Cuban on the prospectus.

First off, he’s a judge on Shark Tank, making him more of a celebrity billionaire than a regular billionaire. But he’s also an existing investor in the company. He’s given Unikrn money before.

In other words, Cuban is doubling down on his bet. Second- and third-round investors like to see earlier investors remain bullish on the company’s outlook. It shows acceleration, rather than the opposite.



Mark Cuban ICO Investment

Cons

We haven’t seen any details on the ICO. Mark Cuban didn’t become a billionaire by being a nice guy, so maybe he’s hopping on the ICO in order to raise a lot of money very quickly. Or maybe he wants to raise money without a ton of oversight.

Since ICOs are largely unregulated; they aren’t bound by the reporting requirements that force public companies to issue 10-Qs and 10-Ks. We have no idea what they’re up to after they take our funding, which is dangerous for obvious reasons.

Conclusion: How Risky Are ICOs?

The flipside is best summarized by “no risk, no reward.”

It’s a tired phrase, but the correlation between danger and fortune is well-established. Markets reward courage specifically because courage is not normally distributed among investors.

It is by nature a tail-end characteristic, meaning that you’ll end up wealthy or washed up.

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 Ethereum Crashing An Ethereum flash crash, an internet hoax, and something called Segregated Witness. What do they have in common? Simple.

Ethereum Crashing: Is Ethereum a Good Investment?

Why Is Ethereum Dropping?

 Ethereum Crashing An Ethereum flash crash, an internet hoax, and something called Segregated Witness. What do they have in common? Simple.

BUZ  INVESTORS  Ethereum Crashing An Ethereum flash crash, an internet hoax, and something called Segregated Witness. What do they have in common? Simple. They all answer one question: “Why is Ethereum dropping?” But it’s equally important to remember what question they don’t answer. Namely, “Is Ethereum a good investment?”

Separate these two questions in your mind, because they have nothing to do with each other.

We know, for instance, that an Ethereum flash crash began when one investor sold off a ton of ETH tokens. This single move triggered a cascade of stop-loss orders and margin liquidations.

The Internet Strikes Again

Unlike Bitcoin, Ethereum’s founder is a well-known guy.

His name is Vitalik Buterin. As something of a prodigy, Buterin invented Ethereum at the age of 19. He also won a Thiel Fellowship (a $100,000 prize that billionaire Peter Thiel gives to kids to get them to drop out of university), which convinced him to pursue Ethereum full-time.

“Vitalik Buterin confirmed dead. Insiders unloading ETH,” the post read.

But it didn’t stop there.





 

 Ethereum Crashing

“Fatal car crash. And now we have our answer,” the post continued. “He was the glue. It will be difficult for ETH to recover and the entire crypto sphere is in big trouble.” (Source: “Vitalik Buterin confirmed dead. Insiders unloading ETH.,” 4chan, June 25, 2017.)

If there was any bullishness after the Ethereum flash crash, it was burned to the ground.

The “New York Agreement” Causes ETH/BTC Rotation

The third factor dragging ETH prices down is the “New York Agreement,” otherwise known as “SegWit 2x.” These are actually Bitcoin protocols that will impact the BTC price prediction, agreed upon at a recent New York summit.

Hence the name.

We could delve into the technical details, but the long and short of it is this: Bitcoin needs to increase its transaction speed.

When you lay this fresh optimism on Bitcoin next to the bearishness on Ethereum, an ETH-to-BTC rotation begins to play out. Money appears to be flowing out of the former and into the latter. Perhaps it is also because we saw an Ethereum backlog recently.

Investors had assumed that Ethereum was going to avoid the pitfalls that plagued Bitcoin, but it was not to be. The cryptocurrency also ran into scaling issues. However, it does not have an arbitrary limit on block sizes, so we should see ETH prices recover quite soon.




Bitcoin IRA Revolutionizes Retirement Industry BitcoinIRA.com, the only company offering cryptocurrency-based retirement investment portfolios,

Bitcoin IRA Revolutionizes Retirement Industry with its Cryptocurrency Based Investment Options

Bitcoin IRA is the only company offering cryptocurrency-based retirement investment portfolios with Bitcoin and Ethereum.

Bitcoin IRA Revolutionizes Retirement Industry BitcoinIRA.com, the only company offering cryptocurrency-based retirement investment portfolios,

BUZ INVESTORS  PRESS RELEASE   Bitcoin IRA Revolutionizes Retirement Industry BitcoinIRA.com, the only company offering cryptocurrency-based retirement investment portfolios, has negotiated first-of-its-kind agreements with leading retirement and cryptocurrency companies to allow customers to invest in Bitcoin or Ethereum with their IRAs and 401ks.

Bitcoin IRA’s accomplishments with leading retirement custodian Kingdom Trust and leading cryptocurrency wallet BitGo™, represent a first for the industry. Together, this partnership creates a secured multi-signature encryption wallet from BitGo™ that enables Kingdom Trust to provide custodial services with a self-directed IRA.

The COO of Bitcoin IRA, Chris Kline, said,

“These are unique set-ups that no other retirement custodian is able to replicate. Our partnership with BitGo and our custom configuration with other partners provides a secure, one-of-a-kind investment opportunity for individuals that can’t be replicated in the marketplace.”





 

Bitcoin IRA Revolutionizes Retirement Industry 

Bitcoin IRA has been featured in leading publications including the Wall Street Journal, QZ.com, Barron’s, Investopedia and popular Bitcoin publishers CoinDesk.com and CoinTelegraph.com.

In one of the articles, Drew Pierson from CoinDesk wrote,

“Cryptocurrency IRAs are no different than IRAs invested in more traditional options like stocks and bonds. The firm Bitcoin IRA is the only option for investors who wish to hold cryptocurrencies in their IRAs directly.”

Recently, Bitcoin IRA also launched Ethereum IRA, a similar investment product for Ethereum, the second-largest cryptocurrency. The company has been evaluating releasing new cryptocurrencies on its proprietary SDIRA platform, along with new features being driven by demand from existing stakeholders and clients.

About Bitcoin IRA

Bitcoin IRA is the only Bitcoin-based retirement investment portfolio that allows people to invest with actual bitcoins for their IRA or 401(k). The platform works with leading fintech professionals to provide secure, high-quality Bitcoin investments.

Bitcoin IRA offers both traditional and Roth IRA options, which offer the same tax incentives as regular IRAs and 401(k)s. The company differentiates itself from other bitcoin investment products in multiple ways. Unlike Bitcoin ETFs and investment funds, Bitcoin IRA offers an opportunity for individuals to invest in real bitcoin at a much lower fee. In addition, investors keep total control over their Bitcoin deposits, with no holding fees and the ability to withdraw once the term is over.

Learn more about Bitcoin IRA and Ethereum IRA at – BitcoinIRA.com

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BUZ INVESTORS PRESS RELEASE Comprehensive Amendment Agreements Tauriga Sciences Inc. ( OTC PINK : (TAUG ) (“Tauriga” or “the Company”),

Tauriga Sciences Inc. TAUG Discloses Personal Investment of $95,000 USD

Tauriga Sciences Inc. TAUG Discloses Personal Investment of $95,000 USD

BUZ INVESTORS PRESS RELEASE Comprehensive Amendment Agreements Tauriga Sciences Inc. ( OTC PINK : (TAUG ) (“Tauriga” or “the Company”),

BUZ INVESTORS  PRESS RELEASE TAUG Discloses Personal Investment   Tauriga Sciences Inc. ( OTC PINK : TAUG ) (“Tauriga” or “the Company”), a company engaged in the building of life sciences businesses and technologies, has today announced that is Chief Executive Officer (“CEO”), Mr. Seth M. Shaw (“Mr. Shaw”), has made a personal investment into the Company totaling $95,000 USD at this time. This personal investment was structured as an equity Private Placement at a price of $0.00125 (“one eighth of one cent”), for a total of 76,000,000 shares (a Form 4 reflecting this insider purchase will be filed within the next several business days). The Company will utilize this infusion of working capital for general and administrative purposes; these 76,000,000 shares will not be issued until the Company has successfully amended its Shares Authorized.
Tauriga’s CEO, Seth M. Shaw, expressed, “At this time, I believe it is of great importance to demonstrate to shareholders my unwavering commitment to both restoring and creating long term shareholder value. This $95,000 USD will help the Company satisfy some short term commitments & invoices and enable Tauriga to approach the second half of Calendar Year 2017 with a greater degree of strength, flexibility, and confidence.”

TAUG Discloses Personal Investment  

ABOUT TAURIGA SCIENCES, INC.

Tauriga Sciences, Inc. ( OTC PINK : TAUG ) is a fully reporting life sciences company engaged in the development, marketing, distribution and potential licensing of a broad array of products and technologies that may help individuals who are affected by muscle tension. The Company has already identified potential products and technologies of interest and is actively working towards the goal of creating an innovative product line to launch the business activities of ColluMauxil Therapeutics LLC (The Company’s previously announced new planned wholly owned subsidiary). The Company believes that one of its most important strengths is its access to and relationships with potentially substantial distribution systems and networks. The Company intends to capitalize on distribution opportunities and will continually update shareholders on such developments. The Company is also prosecuting (as Plaintiff) its ongoing malpractice lawsuit against its predecessor audit firm, for which it’s seeking monetary damages in excess of $4,500,000 USD.

NON SOLICITATION:

This press release does not constitute an offer to sell or the solicitation of an offer to buy any of these securities, nor will there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale is not permitted. Any securities offered or issued in connection with the above-referenced merger and/or investment have not been registered, and will be offered pursuant to an exemption from registration.

BUZ INVESTORS Takeover Talks t’s looking like Pandora Media Inc (NYSE:P) is open to being acquired, as the provider of streaming music

Pandora’s stock jumps premarket after $480 million investment from Sirius

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Pandora’s stock jumps premarket after $480 million investment from Sirius

BUZ INVESTORS  Pandora’s stock jumps Shares of Pandora Media Inc. (P), +4.35% ran up 2.6% in premarket trade Friday, after Sirius XM Holdings Inc. SIRI, -0.93% said it will make a $480 million cash investment in the internet radio and music streaming company. Sirius’s stock edged up 0.6% ahead of the open. Under terms of the deal, Sirius had bought $172.5 million of Series A preferred stock, and will buy the balance of the Series A preferred stock at a second closing. The Series A shares purchased will represent a stake of 19% of the Pandora’s common shares outstanding. The preferred stock will be convertible to common stock at $10.50 a share, which is 25% above Thursday’s closing price of $8.42. As part of the deal, Pandora will terminate the $150 million investment agreement with Kohlberg Kravis & Roberts

Pandora’s stock jumps

The music of pop star Taylor Swift ends a long exclusive period on Apple Music and returns to other streaming services today, including Pandora (P+4.3%) and Spotify (Private:MUSIC).

It also will appear on Tidal and Amazon.com (AMZN) -0.8%) among others.

Swift had pulled her music from Spotify three years ago, granting Apple exclusive streaming rights after a brouhaha over royalty payments. Apple had agreed to pay royalties during its three-month free trial.

Swift is one of the best-selling artists of all time, with more than 40M albums sold and more than 130M single downloads.

Business Description

Industry: Entertainment » Broadcasting – Radio    NAICS: 515112    SIC: 4832
Compare: NYSE:(ETM), NAS:(BBGI), AMEX:(SGA), NYSE:(TSQ), NAS:(SALM), OTCPK:(IHRT), NAS:(UONEK),

NAS:(EMMS), NAS:(CML)S, OTCPK:(SBSAA), NAS:(LSXMB), NAS:(SIRI) » details

Traded in other countries: 42S.Germany,
Headquarter Location: USA

Pandora Media Inc is a broadcasting company which offers music streaming and automated music recommendation services. The service is available in the United States, Australia, and New Zealand.

Pandora Medic Inc is a radio broadcasting company that offers music streaming and automated music recommendation services. Pandora allows users to listen to music selections based on the user’s artist or genre preference and then provide positive or negative feedback, which is utilized by the program to choose subsequent musical selections. Pandora can be accessed through a web browser or the company’s application that can be downloaded to a personal computer or mobile phone. The service is available in the United States, Australia, and New Zealand. Pandora derives the majority of its revenue in the United States.

 

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BUZ INVESTORS PRESS RELEASE Great Investment Prospect MinexCoin, the cryptocurrency fueling MinexEcosystem is set to grow strong as the blockchain

MinexCoin, a Great Investment Prospect with Its Price Poised to Grow

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MinexCoin, a Great Investment Prospect with Its Price Poised to Grow

Investing in MinexCoin turns profitable as the renowned blockchain platform’s ICO progresses.

BUZ INVESTORS PRESS RELEASE Great Investment Prospect MinexCoin, the cryptocurrency fueling MinexEcosystem is set to grow strong as the blockchain

BUZ INVESTORS PRESS RELEASE Great Investment Prospect    MinexCoin, the cryptocurrency fueling MinexEcosystem is set to grow strong as the blockchain platform continues to raise funds through the ongoing ICO. The cryptocurrency platform is witnessing an increase in demand for MinexCoin, which combined with low levels of additional emission, by design will result in its increased value in the coming days.

A simple analysis of demand and supply dynamics by factoring in the platform’s characteristics shows that the platform is designed to generate 2.5 minexcoins every 165 seconds, which is about 1310 minexcoins per day. A sum of 262 minexcoins out of the daily total will be reserved by the MinexBank algorithm, while the rest (1048 coins) remain with miners. The limited daily supply pressure on MinexEcosystem is only about 0.02% of the total number of tokens on initial offering. As miners tend to frequently liquidate the earnings for Bitcoin, the newly minted minexcoins flooding the market will increase supply, which will ideally affect the cryptocurrency’s value in a negative fashion. However, until the launch of MinexPlatform, MinexExchange, and MinexMarket, the existing MinexBank will continue to play a major role in ensuring an upward price trend for MinexCoin by maintaining a very high rate for “parking” operations.



Great Investment Prospect

MinexBank’s operation combined with the interest in MinexCoin among cryptocurrency community members and investors looking for long-term investment will further drive the cryptocurrency’s price. Eventually, the demand for MinexCoin will outweigh supply, stimulating growth in its price.
The launch of new MinexEcosystem applications will allow MinexBank to gradually reduce the interest rate for “parking” operations, forcing more minexcoins into circulation. The impending launch of MinexPlatform, MinexExchange, and MinexMarket will be accompanied by promotions to encourage more investments into the MinexEcosystem, driving both long and short term investments.

MinexCoin ICO

The thirty-day MinexCoin ICO which went live on May 15, 2017, will go on until June 13, 2017, allowing potential investors to purchase minexcoins at a 50 percent bonus on the first few days (May 15 till 18, 2017). The bonus structure is designed to reduce progressively as the ICO proceeds. The MinexEcosystem is presently offering a hefty annual rate of 70 percent per year (basic annual rate), making it attractive for participants in the ongoing ICO to achieve a decent profit during the next one year. On the other hand, the MinexBank algorithm will maintain a constant 33.6 percent increase in minexcoin exchange rate annually. All these perks combined will easily ensure at least a three-fold increase in the investment over the next one year.

About MinexEcosystem

MinexEcosystem is a cryptocurrency ecosystem powered by MinexCoin which serves as the medium of value exchange within and beyond the platform. The team behind MinexSystems is currently in the process of building the whole cryptocurrency ecosystem including MinexBank, MinexPlatform, MinexExchange and MinexMarket.

Learn more about MinexSystems at – https://minexcoin.com/

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BUZ INVESTORS Huge Investment Apple Inc. (AAPL) Friday announced that it has selected Corning Inc. (GLW) to receive $200 million from the tech giant's new

Apple Makes Huge Investment In Corning

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Apple Makes Huge Investment In Corning

BUZ INVESTORS Huge Investment Apple Inc. <span data-recalc-dims=(AAPL) Friday announced that it has selected Corning Inc. (GLW) to receive $200 million from the tech giant's new " width="300" height="216" srcset="https://i2.wp.com/investorsbuz.com/wp-content/uploads/2017/05/Apple-COrning-051217-Small.jpg?resize=300%2C216 300w, https://i2.wp.com/investorsbuz.com/wp-content/uploads/2017/05/Apple-COrning-051217-Small.jpg?w=668 668w" sizes="(max-width: 300px) 100vw, 300px" />

BUZ INVESTORS  Huge Investment  Apple Inc. (AAPL) Friday announced that it has selected Corning Inc. (GLW) to receive $200 million from the tech giant’s new Advanced Manufacturing Fund.

The investment will help Corning’s R&D, capital equipment needs and state-of-the-art glass processing.

“Corning is a great example of a supplier that has continued to innovate and they are one of Apple’s long-standing suppliers,” said Jeff Williams, Apple’s chief operating officer.



 Huge Investment

>>>TRADE NOW<<<

“This partnership started 10 years ago with the very first iPhone, and today every customer that buys an iPhone or iPad anywhere in the world touches glass that was developed in America. We’re extremely proud of our collaboration over the years and we are investing further with Corning who has such a rich legacy of innovative manufacturing practices.”

Corning is one of the major supplier for the iPhone maker, supplying toughened glass known as Gorilla Glass since the very first iPhone.

Apple has committed to invest at least $1 billion with US-based companies as part of the fund, which is designed to foster innovative production and highly skilled jobs that will help lay the foundation for a new era of technology-driven manufacturing in the US.

Technology – Top Gainers / Losers

Gainers: (TTD) +31%. (GSAT) +30%. (DRWI) +16%. (FNJN) +16%. (TCCO) +16%.

Losers: (INPX) -24%. (SOFO) -18%. (OHGI) -15%. (CYBR) -12%. (INVE) -11%.

 

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