Big Crowd1 News - The South Africa Financial Sector Conduct Authority (FSCA) Warns For Crowd1

Today, the Financial Sector Conduct Authority in South Africa(FSCA), has send out in an official press release, a full warning for Crowd1

FSCA statement on Crowd 1:

The Financial Sector Conduct Authority (FSCA) warns the public against an entity called Crowd 1, which is not authorised to render the financial services it is providing.

Crowd 1 is neither an authorised Financial Service Provider (FSP), nor is it a representative of an authorised FSP. There is also no record of this entity having applied for a license with the FSCA.

The FSCA is mandated by the Financial Sector Regulation Act (FSRA) to regulate, investigate and impose enforcement on any individual and/or entity rendering financial services and/or financial products as defined in the relevant acts (FSRA, FAIS Act, FMA etc.).

Any activity or entity outside our jurisdiction is referred to the relevant authority or law enforcement agency.

In the case of Crowd 1, the FSCA referred it to the Prudential Authority (PA) at the South African Reserve Bank, where it is currently being investigated.

While the FSCA cannot comment on the status of another agency’s investigation we urge the public to only do business with financial entities that are registered with the FSCA or are registered under the Companies Act (2008).

Any investment or business opportunity that is offered to the South African public (that is not regulated by the Companies Act) must be offered by an authorised financial services provider (FSP).

While it is true that all investments hold risk, one with an unauthorised FSP should be considered extremely high-risk. It is also often fraudulent in nature, and likely to lead to losses for customers, for which there is little or no recourse.

Therefore, the FSCA urges the public to always be mindful of this whenever approached by an individual or entity offering an investment opportunity. It is also important to remember that if it sounds too good to be true – it probably is.

Financial customers are encouraged to always be cautious when investing in alternative financial or investment products. It is prudent to first consider financial services and products offered by reputable financial institutions who can be held accountable for your money.

For more information please contact the FSCA on either the toll free number (0800 110 443) or on the website www.fsca.co.za to check whether or not the institution or person you wish to invest with is authorised to render financial services.

Read:

• Top 10 MLM Companies to Join in 2020
• Grow your MLM Business Online

About Crowd1

Crowd1 is a closed membership club by invitation only. The membership is free and as a free Associate you will be allowed to upgrade with different Education Packages, that includes several internal and external features, that Crowd1 from time to time offer their Associates to join and potentially earn money from.

If you choose to be an Associate with a paid Education Package, Crowd1 may provide you with Owner Rights. As a free Associate in Crowd1 you will be allowed to log in at your back-office at the website www.crowd1.com

Source: businessforhome.org

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How to Develop Decentralized MLM Platform with Ethereum Smart Contract?

At times, the world with almost many countries completely turns into digitized handling many virtual cryptocurrencies. In that state, MLM strikes every business mind to begin a multi-level marketing business. To those, my suggestion would be “you can develop decentralized MLM platform with the support of Ethereum smart contract”At times, the world with almost many countries completely turns into digitized handling many virtual cryptocurrencies. In that state, MLM strikes every business mind to begin a multi-level marketing business. To those, my suggestion would be “you can develop decentralized MLM platform with the support of Ethereum smart contract”

Now, many of them arise with the following questions in their mind:

• Why Decentralization?
• How Decentralized MLM with Smart contract supports your business?
• What is Ethereum Smart Contract MLM?
• Benefits of Decentralized MLM Platform with Smart Contract
• Where to start your Decentralized Ethereum Smart Contract MLM business?

Here, you will find the answers for this entire qualm below:

Why Decentralization?Without any central authority, decentralized business products and services earn direct relevancies and solutions for the upcoming generations in this digital world. To state you with the answer why to prefer decentralized platform in your MLM business is, decentralized ecosystem brings you many advantageous features for the end-users as well as the business holder.

In this decentralized based business, it refrain third party allowances that benefit to all the entities in the MLM business network. This is the main reason why decentralized based MLM business found more user friendly than usual Multi-level marketing.

So, you can build your MLM website with the help of decentralized MLM script software that benefits you to deal direct with the users without any intermediate.

How Decentralized MLM with Smart contract supports your business?Once you are decided to transform your MLM business into decentralized, then you can prefer White label MLM Script with Smart Contract. Due to this decentralization, your MLM business users can see the trustworthiness of your MLM business.

Thus, building your decentralized MLM platform with smart contract helps you to attain the profit of your business goal within a short span of time.  

With both the decentralization and smart contract, you can get diverse benefits with assured and secured data storage.

What is Ethereum Smart Contract MLM? Ethereum itself can develop many rich featured applications through the effort of developers integrated in the smart contract based MLM software defines the Ethereum based Smart contract MLM.

Smart contract MLM Software entered into an advanced strategy with the implementation of the integrated rich features of Ethereum technology by setting up a virtual platform. By utilizing this Ethereum technology, anyone can develop decentralized MLM Platform with a new customization based on your business needs.

This helps the MLM business entrepreneurs to develop their own decentralized MLM platform integrated with the Ethereum smart contract that has its own rich features.

Benefits of Decentralized MLM Platform with Smart ContractBuilds trust

• Easy to code & implement for developers
• Highly Immutable
• Data records in blockchain
• Simple & easy deployment process
• Instant payment
• Low operating cost
• Reduction of Scam ratio
• Guarantees high ROI
• Easily traceable assets

Where to start your Decentralized Ethereum Smart Contract MLM business?The development and deployment of building MLM website is possible with the support of the top leading service provider who well verses in MLM Software development along with Ethereum smart contract integration.

In exact, Pulsehyip delivers you with assets based on your MLM business demands with no mistakes and precisely what you want. You can get an unmatched level of satisfaction with the service when it comes about cryptocurrency related products or services.

Herewith, you can attain the best MLM script with unique services that boost up your MLM business to stand out from your competitors.

If you are the one seeking MLM business, then you can go with Pulsehyip to opt your desired and customized decentralized cryptocurrency MLM platform with smart contract development.

For More Information : https://tinyurl.com/yalc9jeb

Source: https:// tinyurl.com/y9mpywof

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No final Decision - India might ban Cryptocurrency and give its users Jail Time

A government panel’s recommendation is only the latest in a series of developments suggesting that India will not be a friendly place for the technology—at least private versions of it. 

The news: This week, a panel the government created to study cryptocurrency released its report, which expressed “serious concern” over the “mushrooming of cryptocurrencies almost invariably issued abroad and numerous people in India investing in the cryptocurrencies.” The panel called for a ban on private cryptocurrencies, and said those who use cryptocurrencies should face fines and up to 10 years in jail. 

The backstory: India has one of the world’s largest populations of citizens who don’t have bank accounts. Enthusiasts would say that these are people who could benefit from blockchain-based money and financial services. 

But Prime Minister Narendra Modi’s government has repeatedly made it clear that while it is enthused about blockchain technology, it is no fan of cryptocurrency, at least in its current form. In 2017, after surging coin prices sparked a wave of global interest, another panel recommended choking out the trading platforms in the country, according to Quartz. The government never fully implemented that proposal, instead setting up another panel to do further analysis. That’s the group that has just published its much-anticipated recommendations. 

It’s okay if the state does it, though. The critical government panel’s problem isn’t with cryptocurrency generally, but with “non-sovereign” currencies specifically, which it called “inconsistent with the essential functions of money/currency.” 

Hence the conclusion that “all private cryptocurrencies, except any cryptocurrency issued by the State, be banned in India.” No final decision has been made, but it seems unlikely that India will be a welcoming place for entrepreneurial cryptocurrency development any time soon.

Source: http://tiny.cc/ddwaaz

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Fundstrat’s Tom Lee: Bitcoin Is Easily Going to Reach New Highs

Fundstrat Global Advisors co-founder Tom Lee said that bitcoin (BTC) could easily reach new highs during an interview with CNBC published on June 18.

In his comments, Lee said that bitcoin is becoming the reserve currency of the cryptocurrency space, and noted that it has been worth over the $9,000 price level in only 4% of its history. Then, he declared:

“I think bitcoin is easily going to take out its all-time highs.”

Before making those price predictions, Lee also noted that Facebook’s Libra project is a validation of mainstream interest in cryptocurrencies. He also stated that he thinks this development “completely destroys this argument that says ‘I believe in blockchain, not bitcoin.” He also expressed his idea that — while he believes libra is going to be one of the dominant stablecoins— other stablecoins will most likely survive:

“I don’t think that they are gonna drop in value because most of them are collateralized, I think the ones that are algorithmically stable just might not have the network effect.”

When asked whether banks will support libra in the future, Lee noted that the decentralization of finance — while convenient for payment processors — results in a negative return for banks:

“One thing to keep in mind: Facebook’s annual revenue per user is probably $50 [...] that may be a little high. But an average bank generates close to $1,000 per user, so Facebook has a 20x upside to their customer model if they start doing banking services. [...] I can see why banks aren’t really enthusiastic about this.”

Earlier today, the head of the United Kingdom’s central bank said Facebook’s new libra cryptocurrency could have genuine use cases if it can conform to regulatory demands.

As Cointelegraph reported at the time, Lee had claimed in May that the crypto winter is over.

Source: http://bit.ly/2WYlofC

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Big banks are launching a blockchain trade platform powered by ‘Bitcoin-like’ Token

The banking industry is hell-bent on taking over the nascent blockchain and cryptocurrency market. A group of financial firms led by UBS Group AG is eyeing blockchain technology for settling cross-border trades worldwide with its own “Bitcoin-like” token.

The 14 firms – including Barclays, Nasdaq, Credit Suisse Group, Banco Santander, ING, and Lloyds Banking Group – have registered a new entity to control the devleopment of the token, dubbed ‘utility settlement coin’ (or USC for short), The Wall Street Journal reports.

The financial giants have poured over $60 million into the new company, called Fnality International. The token, which has been in the works for four years now, will function both as a payment device and a “messenger that carries all the information required to complete a trade,” according to the report.

The new permissioned blockchain system will purportedly make cross-border trades much faster and less risky. “You remove settlement risk, the counterparty risk, the market risk,” UBS investment strategy head Hyder Jaffrey told the WSJ. “All of those risks add up to costs and inefficiencies in the marketplace.”

In addition to the previously mentioned institutions, Bank of New York Mellon Corp., Canadian Imperial Bank of Commerce , State Street Bank & Trust Co., Commerzbank AG, KBC Group NV, Mitsubishi UFG Financial Group Inc., and Sumitomo Mitsui Banking Corp have also agreed to use the USC token.

The new platform is expected to take off within the next 12 months, which corroborates past reports suggesting the platform will be fully operational by 2020.

It remains to be seen if USC is more of a cryptocurrency than JP Morgan’s token, though.

Source: http://tiny.cc/3ioq7y

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2019 Top CBD MLM Companies: Here’s the Most-Known Cannabidiol Network Marketing Brands

CBDD oils are the new miracle products. It has created a “green rush”, with many companies and individuals jumping on board. As a result, there’s a growing number of CBD oil products in the market.

Because it’s a new opportunity, other business models are jumping on and trying to cash in on it. One of these is the multi-level marketing business model. People are establishing MLM businesses centered on CBD oil sales, just so they can corner their share of this rapidly growing industry.

As usual, new industries like this can be the Wild West, with just about anyone creating products. The problem with this is that it makes it extremely difficult for individuals looking to get the right CBD oil products.

This is why we have created this article to review some of the top CBD MLM companies. These companies are known for their top notch CBD oil products.

Top CBD Products MLM Companies

Kannaway

This is the pioneer CBD oil MLM company. Kannaway which has been in existence since 2013, was the first to create, launch and sell its own CBD oils.

The company boasts of premium CBD oils that help with pain relief, anxiety, depression and insomnia.

Hemp Herbals

This is subsidiary of the Heart & Body Naturals (HB Naturals) company. This subsidiary sells cannabis and CBD products. The company has its own greenhouse and farm where it grows its own hemp.

So, when you buy their full spectrum CBD oil, you’re sure of the quality of the hemp used in creating the oils. They produce really great CBD oils for sale. People looking to make some money by joining a CBD oil MLM program will find this particularly rewarding.

The HB Naturals brand is a well-known brand. This makes it easier to sell the products as well as the MLM opportunity.

HempWorx

Another popular CBD oil product maker, HempWorx produces top range CBD oil products. In fact, its products are considered popular among CBD oil users because of the quality.

Because of that, the product is fast growing in popularity. To guarantee the quality of the products, the company routinely sends its products to 3rd party labs for independent testing.

Of course, the third party testing procedure has come under fire lately because of its tendency to be manipulated. That aside, the company boasts of producing the purest CBD oils in the market.

This has earned the brand a lot of trust from customers and buyers who love the products.

Dose of Nature

Positioned as a CBD MLM opportunity, Dose of Nature an ecommerce store that sells different CBD oil products from different brands.

The good thing is they’re a highly innovative, forward thinking company. They use technologies like Liposomes, BioPulse Nano, BioXTrax, and BioPulse HydroPods for ensuring that the CBD products sold on their platforms are top notch.

Bocannaco

One of the more recent and newer MLM firms in the industry, they sell decent CBD oil products extracted from their own homegrown hemp cultivars.

Bocannaco CBD oils are unique in the sense that they have a non-emulsion product delivery system in place. This makes their CBD oils quite potent and excellent.

Zilis

This CBD MLM organization specializes in the production of full spectrum CBD oil products. Established in 2015, this 4 year old company is located in Dallas, and is run by the duo of Steven and Angie Thompson.

Zilis don’t have their own homegrown or extracted products. But they source from highly reputable wholesale CBD oils suppliers.

These suppliers provide private label CBD oils to individuals who can then apply their own branding and sell at their own price. This makes it incredibly easy for anyone to get into the business and start making some money.

Prime My Body

While this MLM company does sell its own CBD oil –called Nano-enhanced Hemp Oil- they also sell plant based products like their “Prime Protein Superfood”.

So if you’re looking for a CBD oil company that’s solely focused on the production and sales of CBD oils, you’ll need to keep looking.

Isodiol

Located in Canada, Isodiol outfit is uniquely positioned for market dominance in that country. They have lots of hemp based and CBD oil products which are as a result of over 22 years in CBD product manufacturing.

All hemp and its products sold by them are non-GMO and organically produced on designated farms hemp farms.

First Fitness Nutrition

This company is an actual MLM company that was established in 1989. They have just recently added CBD offerings to their listings to enrich their product line.

The good thing about My Fitness Nutrition is even though they’re not a predominantly CBD based MLM program, their structure and business model makes them very uniquely positioned to become a CBD MLM powerhouse.

Changing The Future Outcome (CTFO)

A traditional MLM company, they offer a unique advantage over many other CBD MLM companies. Their CBD oil products are priced cheaper than others without any compromise in quality.

Source: http://tiny.cc/i1qj7y

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Facebook Reportedly Launching "Project Libra" GlobalCoin Cryptocurrency in 2020

Facebook reportedly aims to release its GlobalCoin cryptocurrency in 2020 under its “Project Libra” scheme. The news follows on from information that Mark Zuckerberg had met with the Bank of England’s governor Mark Carney in April to discuss the risks involved with launching a cryptocurrency.

The social media platform is aiming to test its GlobalCoin system by the end of 2019 and expects to roll out its digital payments system in approximately 12 countries worldwide by Q1 2020. Facebook has reportedly sought input from the US Treasury in regards to operational and regulatory issues and is also in talks with Western Union, working with them to develop cheaper and easier ways for people to send and receive money.

Users of Facebook’s GlobalCoin cryptocurrency will not require a bank account, allowing people to exchange multiple currencies into digital coins via banks and brokers which enable Facebook’s new network. The soon-coming currency will run with blockchain technology — information which is stored across a network of computers — and will be held online in digital wallets that were designed to increase security and anonymity for users.

While the world waits for updates on Facebook’s latest development, read what the US Senate and Banking committee had to say to Zuckerberg about its plans for consumer protection and data security.

In other news, Whatsapp is introducing ads and may get rid of end-to-end encryption.

Source: http://tiny.cc/4vcf7y

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