It’s official! During an #AMA session on Jan. 17, Dr. Lucas Lu, CyberMiles’ co-founder and CEO, announced that 5miles has started its migration onto the CyberMiles blockchain. Once the data of 5miles’ 15 million users has been migrated, 5miles users will be able to make transactions with no middleman — the wave of the (blockchain) future. This will ensure the safety and transparency of all parties involved in marketplace transactions.
Looking back on 2018, CoinMarketSocial has announced the top five cryptocurrencies with the fastest social media growth during the past year. With a growth of 5,362% from Jan. 1 to Dec. 31, 2018, CyberMiles can claim the highest percentage growth of the year among altcoins. Read more here.
We’ve wrapped up our 2018 series of articles, unpacking the myriad ways that blockchain is transforming entire industries — from e-commerce to insurance to real estate — as well as processes (sourcing, supply chain, etc.).
CyberMiles had a wonderful 2018 as one of the most promising startups. Having launched MainNet last October and partnered with many startups for the Genesis Validator program. CyberMiles also created a wallet by which anyone can make and release tokens, as well as tools to develop dApps on CyberMiles’ blockchain. Read more at blockpublisher.com.
CyberMiles’ chief scientist and co-founder, Dr. Michael Yuan, also shared views with BlockPublisher on the state of Bitcoin and cryptocurrency at large. Will it replace fiat currency one day? Read his insights at blockpublisher.com.
The billionaire tech entrepreneur is awfully bullish on the crypto market today, but in the past has sounded skeptical of Bitcoin and blockchain.
Before the 2018–19 NBA season, Cuban announced that his Dallas Mavericks would be entering the crypto market by accepting digital currency. Fans would be allowed to purchase everything from Mavs tickets to merchandise, using the CyberMiles Token (CMT). (5miles, a strategic partner of CyberMiles’, last year entered into a multi-year sponsorship with the team.) Read the complete analysis at cryptomenow.com.
As e-commerce has grown (from 22 percent of shoppers in 2005 to 79 percent in 2016), troves of marketplaces for individual sellers have popped up, notably 5miles (think Craigslist-meets-Nextdoor). But there’s a key to success. According to Dr. Lucas Lu:
One common mistake is overpricing an item that you’re trying to resell. Do a little research online to gauge the average sale price of an item. Also, even though an item may be brand new — i.e. unopened, never used — you’re still selling it secondhand, so consider discounting the price vs. retail. This will help your listing be more competitive in attracting buyer interest, and you’re more likely to sell your unwanted item faster.
Read more about how to sell your unwanted stuff via nbcnews.com.
Thanks for your support, CyberMilers! Help us spread the word, won’t you? — Mark Brinkerhoff, Community Manager
Mark Brinkerhoff, a CyberMiles advisor and VP of Communications at 5miles, writes about the mainstreaming of emerging technology in business.
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