The concept of using digital currencies for tipping is entering a new hot phase with the “Cheers” app. The Tipping App makes it very easy for the user to give musicians a “tip” and could develop into another very interesting source of income for the artists themselves.
Cheers is a mobile platform that makes it possible to give a tip directly to your favourite artist via your mobile phone. Furthermore, information and messages can be exchanged with friends and new musicians can be searched and found.
Co-founder Justin Womersley sees the Tipping App as a good opportunity to revive the declining revenues of the music industry and give it a fresh coat of paint.
Cheers also offers music lovers a good way to get in touch with the artists, which is becoming increasingly difficult in a digitalized world like today.
“The modern Bitcoin evolution music streaming concept may be beautiful and comfortable for the user, but it’s not so great for the musicians. In addition, this model creates an emotional barrier that keeps the fan away from the musician. That’s why we wanted to create a tool that would bring both sides closer together again like explained in this review about the Bitcoin evolution.”
In addition to the music, the platform should also offer space for other artists, filmmakers, bloggers, graphic artists or designers in the future.
With the Tipping App Cheers the user can tip his favourite musician whenever he wants. Be it in a bar with a cosy beer or when he is following the latest tracks on Facebook. Bitcoin evolution is currently working on an iOS app that will be launched for this purpose in the next few weeks, says Womersley.
A fascinating feature of the Bitcoin evolution app is the automatic music recognition. So the user has the possibility to let Cheers recognize music titles and musicians. This is very practical, for example, if you want to give a tip to an artist who may not be so well known, or if you just want to know more about the singer. For music recognition Cheers uses the database of “The Echo Nest”, a music database with over 35 million songs, which is also used by Spotify and BBC.
After the Tipping App has recognized the song and the singer, the user can write a private message to the artist or simply “type” or “cheer” in Bitcoin. After the cheer, i.e. the tip, has been sent, the user can easily share the action on Facebook with his friends.
Womersley added that Cheers wants to use the power of the community to improve the service. Artists who are not yet in the database can be added by the Cheers Community. Among other things, the community acts as a kind of information source for new and interesting artists.
Remarkably, an artist doesn’t even have to register with the platform to receive the Bitcoins sent to him. Womersley also added:
“We want to use the entire community to build cheers. The community decides in which direction the platform will develop. Of course we have a vision of what we want to build, but the community will help us and decide which way we go”.
Womersley said that a very well-known band had already approached Cheers. Which band it was couldn’t say exactly, but he noticed the jumping Cheers enthusiasm.
Yesterday, Monday, the new mobile version of the free browser Opera was released. It protects not only desktop users but also users of tablet PCs and smartphones against the mining of crypto currencies. If you activate the Ad Blocker with the new version of the app on Android or iOS, you are protected against all unwanted scripts at the same time.
However, mobile surfers who visit such websites with their smartphones are also affected by the unwanted exploitation of the processors. In the best case scenario, the battery runs out within a very short time. In individual cases, the devices are even said to have overheated. The desktop version of the browser Opera has been offering mining protection since January 4, 2018; yesterday, Monday, the mobile app for Android and iOS devices followed suit. Those who switch on their own advertising blocker after the update are safe from all harmful scripts as well as advertising.
The Norwegian browser manufacturer Opera estimates that around one billion devices are abused in this way every day. On more than three million websites, such malware was found using special crawlers (a specially programmed search software for analysing the web).
The news portal ZDNet reports a case in which a new type of Trojan named Loapi causes Android smartphones to dramatically overheat their batteries. A smartphone was completely destroyed within 48 hours. But Loapi can also cause quite other damage. Since the beginning of December, for the benefit of cyber criminals, paid text messages and other paid services have been used without further confirmation by the user. The malware can even execute DDoS attacks on request, as Kaspersky Lab reports. Due to the intensive use of the battery due to the high volume of data, the battery was overheated in the laboratory to such an extent that the device finally broke down after 48 hours. The reason for this is simple: in just 24 hours, more than 28,000 websites were accessed via which online advertising was delivered to the victim. In addition, the CPU was heated by the CPU-intensive crypto-mining.
If you want to be on the safe side, you should buy the mobile version of Opera, which can be downloaded free of charge from Google Play and Apple’s App Store. Probably the other browser manufacturers will soon follow suit in order not to be left behind by the competition. Overall, this development is quite positive, as it should make hackers’ business less profitable in the long run.
Strong price gains for Stellar (XLM) and TenX (PAY). The price of Stellars Lumen rose by almost 70 per cent in one week. The PAY token from Julian Hosp’s TenX project even has a weekly gain of 90 per cent.
Stellar is currently doing its logo credit: the Stellar course has risen almost rocket-like over the last seven days. The course registers an increase of 67.24 per cent for the past week. For the past 24 hours, Lumen can show a plus of 9.26 percent. The Stellar price (XLM) is thus currently around 0.31 US dollars (0.27). The total market capitalisation is 5.7 billion US dollars (5 billion euros), while the 24-hour trading volume is around 270 million US dollars (232 million euros). The increase comes a week after Coinbase announced on Twitter that Stellars Lumen has prospects of listing on the crypto exchange. Furthermore, this week the news made the rounds that Stellar is the only crypto currency to have received the rating “halal”. The Shariyah Review Bureau in Saudi Arabia already issued a corresponding certificate at the beginning of June.
With the rally of the last few days, the Stellar price could rise above the exponential moving averages EMA50 and EMA100. The price is currently testing the downward trend it has followed since January. Should it overcome the downward trend, further targets of 0.33 US dollars (0.28 euros), 0.38 US dollars (0.33 euros) and 0.44 US dollars (0.38 euros) would be achievable. Even if a positive and rising MACD raises such hopes, the overbought RSI points more towards consolidation. In this the price can fall to the EMA50, which is currently at 0.24 US dollars (0.21 euros). If this support is breached and the EMA100 support currently at 0.22 US dollars (0.19 euros) cannot be maintained, the price fireworks will ultimately only burn straw and Stellar would have returned to the downward trend.
Stellar’s strong weekly balance is even exceeded by the TenX price: The project from Singapore can look back on the past seven days with a saturated plus of 90 percent. The price of the PAY token rose from USD 0.57 (EUR 0.49) to USD 1.07 (EUR 0.92) within a week. The bullish version of last week’s TenX price analysis has thus been confirmed for now. It has a total market capitalization of around 120 million US dollars (103 million euros) and a 24-hour trading volume of around 17 million US dollars (15.3 million euros).
After testing the downward trend that has existed since the end of January, the Kus fell back somewhat, but is currently able to hold above the exponential moving averages. From the perspective of the falling MACD, a consolidation to the exponential moving average EMA50 is possible. If the price rises above the resistance at 1.25 US dollars (1.08 euros), a second test of the downward trend would take place. If this is breached, the price targets of 1.67 US dollars (1.44 euros) and 2.04 US dollars (1.76 US dollars) that were announced last week can be targeted.