{"id":262799,"date":"2017-08-08T19:00:07","date_gmt":"2017-08-08T23:00:07","guid":{"rendered":"https:\/\/www.rael.org\/?p=262799"},"modified":"2020-11-22T12:05:14","modified_gmt":"2020-11-22T17:05:14","slug":"serial-entrepreneur-launches-kosher-cryptocurrency-only-for-jews","status":"publish","type":"post","link":"https:\/\/noproxy.rael.org\/da\/serial-entrepreneur-launches-kosher-cryptocurrency-only-for-jews\/","title":{"rendered":"Serial entrepreneur launches \u2018kosher\u2019 cryptocurrency only for Jews"},"content":{"rendered":"<h5><span style=\"color: #008080;\"><strong>RAEL\u2019S COMMENT:<\/strong><\/span><\/h5>\n<h5><span style=\"color: #008080;\"><strong>The morning laugh!<\/strong><\/span><\/h5>\n<p>&nbsp;<\/p>\n<p><!--more--><\/p>\n<p>Russian entrepreneur Viacheslav Semenchuk has announced plans for an initial coin offering (ICO) of the world&#8217;s first kosher digital currency aimed specifically at Jewish communities across the globe.<\/p>\n<p>The Bit\u0421oen, which comes from the Hebrew word \u2018priest,&#8217; has been created to simplify payments within Jewish communities, according to Semenchuk. At the same time, Bit\u0421oen can be bought by anyone.<\/p>\n<p>Semenchuk said he has invested $500,000 in the project and the new cryptocurrendy is based on a separately developed blockchain.<\/p>\n<p>The wide-scale issue of BitCoen tokens is planned for September after the ICO, which hopes to attract up to $20 million. The enterprise launches a preliminary ICO this week for a million dollars to develop the project.<\/p>\n<p>The bit book has already been filled, according to Semenchuk, who didn\u2019t disclose the names of investors.<\/p>\n<p>The businessman said that Bit\u0421oen may be accepted at cryptocurrency exchanges after the ICO.<\/p>\n<p>\u201cWe are currently in talks with nearly a hundred trading platforms out of the existing 3000,\u201d Semenchuk said, as quoted by Russian business daily RBK.<\/p>\n<p>The developer is going to issue 100 million Bit\u0421oens with a starting price of one US dollar per token. At the same time, the number of tokens being issued cannot be changed by the participants of the project.<\/p>\n<p>The start-up is planning to boost market capitalization of the new cryptocurrency to $1.5 billion in two years. If it meets its bullish target, Bit\u0421oen will become the seventh digital currency in the world by market cap.<\/p>\n<p>Bit\u0421oen will be controlled exclusively by representatives of a Jewish community, who will make a \u2018Council of Six.&#8217; The developer said that the council would consist of six respected community leaders from business, politics, finance, technologies, public work, and culture.<\/p>\n<p>The currency will be available for all the trading operations during Shabbat, as the process is automated and doesn\u2019t involve human labor.<\/p>\n<p><a href=\"https:\/\/www.rt.com\/business\/398940-kosher-cryptocurrency-bitcoen-jewish-community\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"color: #0000ff;\">https:\/\/www.rt.com\/business\/398940-kosher-cryptocurrency-bitcoen-jewish-community\/<\/span><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>RAEL\u2019S COMMENT: The morning laugh! &nbsp;<\/p>\n","protected":false},"author":71,"featured_media":284740,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-262799","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"acf":[],"_links":{"self":[{"href":"https:\/\/noproxy.rael.org\/da\/wp-json\/wp\/v2\/posts\/262799","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noproxy.rael.org\/da\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noproxy.rael.org\/da\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noproxy.rael.org\/da\/wp-json\/wp\/v2\/users\/71"}],"replies":[{"embeddable":true,"href":"https:\/\/noproxy.rael.org\/da\/wp-json\/wp\/v2\/comments?post=262799"}],"version-history":[{"count":0,"href":"https:\/\/noproxy.rael.org\/da\/wp-json\/wp\/v2\/posts\/262799\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noproxy.rael.org\/da\/wp-json\/wp\/v2\/media\/284740"}],"wp:attachment":[{"href":"https:\/\/noproxy.rael.org\/da\/wp-json\/wp\/v2\/media?parent=262799"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noproxy.rael.org\/da\/wp-json\/wp\/v2\/categories?post=262799"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noproxy.rael.org\/da\/wp-json\/wp\/v2\/tags?post=262799"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}