Biometrids: Eliminating Identity Theft

Biometrids uses biometrics and the blockchain to eliminate identity theft.

Using maching learning software and blockchain technology, Biometrids aims to eliminate identity theft of all types. Biometrids will create an app that will allow users to identify themselves when conducting transactions by scanning their faces with a mobile device, with IDs and verification recorded on the blockchain.

The primary use-case of Biometrids will be the storing of IDs associated with numerical values on the blockchain. Importantly, images and personal information will not be recorded, thus giving users anonymity. Once users scan their faces with a mobile device and verify themselves, counterparties to a transaction can be certain that users are who they say they are and can verify if they have ever been flagged due to a fraudulent transaction. Because of the immutable nature of the blockchain, there will be a strong disincentive to commit fraud while using this platform, given that the ID will be permanently flagged.

Another important use-case is preventing the theft of package deliveries. Shipping companies will be able to scan the face of the person receiving a package to ensure the person receiving it is the same person who ordered it. If there is not a match, the package is non-delivered. This technology thus has the potential to eliminate disputes regarding non-delivered packages.

The process of verifying a person’s ID has two parts: Requesting an ID and verifying the ID. A party will send another party a request to verify ID, and the other party will in turn scan their face for verification. Each of these transactions will be paid for with IDS, the native token of the platform. These transactions will cost 0.1 IDS, 90 percent of which will reward nodes that authenticate faces and the remainder will go to the Biometrids foundation, to support further development of the platform.

Nodes will be randomly selected to verify IDS, and they will be required to stake at least 10,000 IDS and to have sufficient hardware. The nodes throughout the network will ensure the platform remains decentralized. By using nodes to secure the network and ensure it remains decentralized, the network will be resistant to outside interference from third parties such as hackers or governments.

Among the greatest challenges for facial scanning software is twins, which the platform solves. When registering, users will be asked if they have a twin who is already registered, and if they do, the other twin will have to provide a password and both will be able to scan their faces for more complex calculations that allow the system to differentiate between the two.

In total, no more than 100,000,000 IDS will be created, thus allowing its value to rise as demand for the token rises due to increased use of the platform. As an ERC20 compatible token, IDS can be stored in popular Ethereum wallets such as Mist and MyEtherWallet and traded at exchanges. The ICO for Biometrids, during which IDs can be bought with bonuses available depending on the phase, is taking place from February 19, 2018 to March 19, 2018.

Emphasizing long-term growth rather than a short-term hype cycle, all unsold tokens during the ICO will be locked for five years and available to be purchased afterwards by early investors. 20 percent of the tokens dedicated to the team and foundation will be locked for a period of three years. Investors interested in a project employing cutting-edge biometric technology that can potentially eliminate fraud and that focuses on long-term growth and survival should consider this fascinating opportunity.

*I am receiving Biometrids tokens for the growth of the community.

To learn more about Biometrids:

Website: https://biometrids.io/

Whitepaper: https://biometrids.io/download/BiometridsWhitepaper-interactive.pdf

Telegram: https://t.me/joinchat/E-BNGBDaHcasMMJOlsEPmw

NapoleonX: Algorithmic Trading for Everyone

NapoleonX allows investors to use the latest developments in algorithmic trading.

To foster the mainstream adoption of cryptocurrencies and tokens and provide ordinary investors with the tools to trade assets that only powerful institutions currently have, NapoleonX will launch a platform whereby anyone can profit from the creation and usage of trading bots by decentralized autonomous funds (DAFs). By applying the latest developments in artificial intelligence (AI) and machine learning, NapoleonX promises to reduce volatility for investors and bring a consistent yield.

Anticipating the increasing tokenization of the economy, whereby the ownership of goods and services will be digitized and traded on alternative exchanges, NapoleonX seeks to bring to ordinary investors the algorithmic technology to trade these investments that hitherto has been available to powerful corporations. By creating a user-friendly platform, NapoleonX aims to draw non-technical investors in to reap the rewards of the unique technology offered, giving investors a return on the fees charged to DAFs for using trading bots.

The NapoleonX platform will run on top of the Ethereum blockchain, which is a transparent, immutable, open-source ledger. By allowing for “smart contracts” — self-executing contracts when conditions set by two parties are met — financial intermediaries are unneeded, reducing transaction costs and increasing their speed. Since the Ethereum blockchain is transparent and globally viewable, investors will have confidence in the platform as the likelihood of fraud is substantially reduced.

The native token of the platform, NPX, is ERC20 compatible, allowing it to be stored in popular Ethereum wallets such as Mist and MyEtherWallet. Besides being entitled to license fees from DAFs that use proprietary trading bots, NPX token holders will be entitled to trade signals depending on how many NPX they own. Those who own 10,000 or more NPX will receive signals first, those with 1,000 to 9,999 will receive signals next, and those who own less than 999 will receive signals last. No more than 50,000,000 NPX will be created, thus allowing it to increase in value as use of the platform grows.

NapoleonX will have a user-friendly app.

The highly anticipated NapoleonX ICO will end February 28, 2018. The minimum contribution is 0.3 ETH, 0.05 BTC, or 750 euros, and one ETH will buy 1,000 NPX. Those who invest before 10,000,000 euros is raised will be entitled to a bonus. The hard cap is 15,000,000 euros. Investors thus have time to gain exposure to a promising platform that will work on bringing algorithmic trading to the mainstream.

Author: pushups44

To learn more about NapoleonX:

Website: https://napoleonx.ai/

Whitepaper: https://napoleonx.ai/static/pdf/en/npx_white_paper.pdf

Coinvest: Democratizing Cryptocurrencies

Coinvest democratizes investing in cryptocurrencies.

Seeking to capitalize on the growth of cryptocurrencies as an asset class and democratize access to them, Coinvest in building a decentralized platform that will allow users to easily set up a portfolio of cryptocurrencies and trade them. Using the native token of the platform, COIN, users are able to invest in many cryptocurrencies and index funds.

Because of the technical sophistication required of investing in blockchain assets and cryptocurrencies, they have largely been confined to high net worth investors and the technically savvy. The technical complexity has prevented average people from benefiting from the extraordinary growth of cryptocurrencies, which collectively amount to hundreds of billions of dollars in market capitalization. To give access to mainstream investors to cryptocurrencies, Coinvest is developing a decentralized, secure, user-friendly investment platform.

COIN, the  principle currency of the platform, is ERC20 compatible and runs on top of the Ethereum blockchain. The total supply of COIN will not exceed 107 million, causing its value to rise as the platform and hence the token becomes more popular. COIN will bring liquidity to the platform and is used to settle the trading of other cryptocurrencies. Moreover, users will earn COIN depending on their trading frequency, and will be compensated in COIN if they allow other users to copy their trades — a practice called “copy-trading”– with 50 percent of the trading fees from those who copy their trades.

Coinvest will also issue a debit card that allows customers to spend their cryptocurrencies and tokens for everyday goods and services. By providing this essential feature, ordinary investors will be able to see tangible benefits to owning cryptocurrencies. Among the prime obstacles in making cryptocurrencies more widely accepted has been the difficulty in converting them to real-world goods, and even with one another in a user-friendly way.

The Coinvest crowdsale is taking place February 16, 2018 and is scheduled to end March 16, 2018. The hard cap is $30 million. The minimum investment is 0.01 ETH, and 1,000 COIN will be offered for $700. Investors eager to participate in the democratization and mainstreaming of cryptocurrencies may want to consider Coinvest based on its unique offerings.

*I am receiving Coinvest tokens for the growth of the community.

To find more information about Coinvest:

Website: https://coinve.st/

Whitepaper: https://docs.google.com/document/d/1ePI50Vd9MGdkPnH0KdVuhTOOSiqmnE7WteGDtG10GuE/edit

Sharpe Capital: Profiting with AI and Machine Learning

Sharpe Capital uses AI and machine learning to crowdsource sentiment for profit.

Sharpe Capital has created an innovative investment platform for crowdsourcing sentiment to make predictions about the markets, while rewarding participants based on their accuracy and how many tokens they own. By creating an investment platform using artificial intelligence (AI) and machine learning on the blockchain, Sharpe Capital is paving the way for the democratization of finance.

The Sharpe Capital team has developed a proprietary algorithm using economic data, real-time news and events, crowdsourced sentiment, and NLP (neuro-linguistic programming) data to predict market trends across various asset classes. Using its own proof-of-stake metric, the platform is able to calculate the level of confidence of participants and reward them based on their confidence and accuracy. Using the Ethereum blockchain, each participant will have a proof-of-reputation immutably registered and viewable based on their history of predictions. Unlike prediction markets, there is no cost to inaccurate forecasts: rewards will simply be increased or reduced based on the accuracy of previous predictions, as reflected in the proof-of-reputation.

Using the power of blockchain technology, Sharpe Capital will be a disruptive force in finance and empowering for ordinary investors. The blockchain will keep a permanent record of trades and disbursement of money on the decentralized platform, preventing manipulation and fraud. By creating a platform where all transactions are globally viewable, investors will have more confidence in the platform than in traditional brokerages where transactions are hidden from view, particularly from investors and traders.

Sharpe Capital uses AI to make market predictions.

Sharpe Capital plans on creating two tokens: SHP and SCD. The SHP token will give users the right to provide market sentiment on the equity markets and blockchain assets and make predictions on them for rewards. Participants will be paid in ETH depending on how accurate their predictions are and how many SHP tokens they own. SHP will also be the native token of the platform that can be used by hedge funds to purchase market sentiment derived from the platform. Sharpe Capital plans to release the Sharpe Crypto Derivative (SCD) token in the first quarter of 2019, which will represent ownership in its investment fund based on crowdsourced sentiment, using AI and machine learning.

The Sharpe Capital crowdsale is ongoing and will end February 5, 2018. Thus far, the project has collected almost 2,500 ETH, or about $2.5 million, showing investors have been enthusiastic about it. In total, no more than 130,000,000 SHP will be created. Investors thus have some time to purchase tokens to gain exposure to this cutting-edge project that may revolutionize the financial industry.

*I am receiving Sharpe Capital tokens for the growth of the community.

To learn more about Sharpe Capital:

Website: https://sharpe.capital/

Whitepaper: https://s3-eu-west-1.amazonaws.com/sharpe-website/whitepaper.pdf

ModulTrade: Democratizing Global Trade

ModulTrade will allow businesses to make trade agreements using the blockchain.

With the advent of blockchain technology, ModulTrade has emerged to allow businesses to trade with one another in a cheaper, faster, and more secure way. The ModulTrade Value Ecosystem, MVE, is the name of the ecosystem for facilitating trade.

By using blockchain technology to improve trade, ModulTrade aims to tap into the global B2B (business-to-business) ecommerce market, which is expected to grow to $6.7 billion by 2020. The team behind ModulTrade aims to capture a market with 400 million MSMEs (micro, small, and midsize enterprises).

The ModulTrade blockchain platform will lower costs of trade for businesses.

Blockchain technology allows parties to execute contracts when their criteria are met without the need for expensive third parties such as banks. The blockchain ledger of transactions is immutable, trustless, and tamper-proof. By lowering costs and other barriers to B2B trade, ModulTrade will make it easier for businesses to compete in the global marketplace. The high costs of conducting business, especially internationally, favor large corporations with greater capital, which can obtain financing much easier than small and midsize businesses. By lowering the costs of conducting business, ModulTrade will empower small to midsize businesses and give the leverage they need to survive and thrive in the market.

As an example, using smart contracts on the blockchain, small businesses can use them to create Letters of Credit and other trade guarantees without requiring banks, which charge relatively high commissions. Using the MVE, a Letter of Credit protocol will be applied using a smart contract to ensure the seller delivers the product to the buyer and the buyer pays for it. According to the protocol, the buyer releases funds into the smart contract, which acts as an escrow agent. Funds are released to the seller once the product is delivered within the time previously agreed. If the product is not delivered, funds are returned to the buyer.

The time-savings using MVE will also allow businesses to run more efficiently. With its user-friendly platform, taxes and insurance costs can be calculated without the need for third parties for validation. By integrating these fees into smart contracts, businesses can conduct more trades in a more timely manner and cut costs, substantially boosting their profits. Using the blockchain, these transactions can be done in real-time, avoiding the delays that currently hinder global trade.

According to CIO Review, ModulTrade has been rated one of the top 20 Most Promising Blockchain Technology Solution Providers of 2017. The panel that made that decision was comprised of top executives, venture capitalists, industry analysts, and the magazine’s editorial board. In particular, ModulTrade was recognized for its novel use of blockchain technology and for its potential to facilitate global trade.

The ModulTrade token, MTRc, plays an essential role in the ecosystem, allowing businesses to interact with one another and initiate transactions. It is ERC20 compatible and runs on top of the Ethereum blockchain. As the amount of trade on the platform grows, the more demand will exist for MTRc, thus potentially rewarding investors in the log run.

The ICO for ModulTrade ends January 27, 2018. Given the innovation within the project and the potential growth in this untapped market, investors will likely be well-rewarded should ModulTrade fulfill the goals in its whitepaper.

*I am receiving ModulTrade tokens for the growth of the community.

Author: pushups44

For more information about ModulTrade:

Website: https://en.modultrade.io/

Whitepaper: https://en.modultrade.io/ModulTrade_White_Paper.pdf?v1

Nucleus Vision: Building Business with IoT

Nucleus Vision helps businesses leverage IoT.

Created at Harvard University in 2014, Nucleus Vision leverages its proprietary sensors and blockchain technology to give retailers and brick-and-mortar businesses crucial data about customers. By using the power of IoT, Nucleus Vision will allow businesses to tailor their marketing to fit individual consumers for maximum effect.

Building on three years of research and software development, Nucleus Vision is able to capure relevant data about individuals that otherwise would be inaccessible to businesses. The Nucleus Vision sensors are able to capture data from technology providers such as Intel, Radysis, ODMs, and telecom carriers. By integrating this data into its algorithms in real-time, businesses that install Nucleus Vision sensors are able to give customers specialized offers directly to their mobile phones when they visit their locations. While collecting useful data about customers for businesses, Nucleus Vision strives to abide by privacy regulations in all jurisdictions. Eventually, Nucleus Vision will deploy its sensors to provide security for businesses by collecting data on lawbreakers.

Currently, brick-and-mortar establishments offer a very inefficient method of offering their products and services. Despite advances in technology, most establishments are unable to distinguish between customers and give fixed pricing on goods and services. Many establishments have loyalty cards, but these loyalty cards also are unable to differentiate between individual customers and give the same discounts, sometimes requiring customers to pay an annual fee. By contrast, Nucleus Vision is able to offer customers dynamic pricing and discounts as soon as they walk into a store based on their profiles. The marketing by Nucleus Vision is individualized rather than generalized, thus strenghtening relationships between businesses and customers.

The native token of the Nucleus Vision ecosystem is nCash, which can be traded for fiat currencies or other cryptocurrencies on popular exchanges. Customers can also be rewarded with nCash by opting in to the Nucleus Vision ecosystem. nCash is an ERC20 token that runs on top of the Ethereum blockchain, and has a maximum supply of 10 billion.

The Nucleus Vision ICO dates have yet to be determined, but will take place in the first quarter of 2018. The hard cap is set at $40 million. Among the investors backing the project are billionaire entrepreneur Tim Draper, a big name in the blockchain space, and Reliance Capital, which manages over $60 billion. Investors who purchase nCash tokens during the ICO will thus gain exposure to the burgeoning IoT industry and will be backed by very prominent investors.

*I am receiving Nucleus Vision tokens for the growth of the community.

Author: pushups44

To find more information about Nucleus Vision:

Website: https://nucleus.vision/

Bitcoin ANN: https://bitcointalk.org/index.php?topic=2455575

Forty Seven Bank: Connecting Crypto and Traditional Finance

Forty Seven Bank combined cryptocurrencies with traditional finance.

Forty Seven Bank has emerged to connect the worlds of cryptocurrencies and traditional finance, given that they have been divided due to the rapid emergence of blockchain technology and its potentially disruptive impact on traditional businesses. The Forty Seven Bank thus aims to offer services that combine these two areas of finance to meet the needs of consumers and help bring cryptocurrencies into the mainstream.

For individual consumers, Forty Seven Bank will provide Multi-Asset Accounts to allow them access to all of their bank accounts on one platform. In addition, Multi-Asset Accounts will provide access to cryptocurrency and credit and debit card services, among other services, on the same platform. Having all of these features on a single platform will bring needed convenience for consumers that is currently lacking in the market, allowing Forty Seven Bank to seize a wholly untapped market with enormous growth potential.

Forty Seven Bank will issue cryptocurrency linked debit cards.

Given the importance of security, Forty Seven Bank aims to use biometric software to prevent fraud. According to its whitepaper, Forty Seven Bank will develop software so that customers van verify their identity at points-of-sale (POS) terminals by providing a thumb fingerprint. These POS terminals will have scanners allowing for identity verification.

Forty Seven Bank will ensure customers can buy or trade cryptocurrencies with ease by providing a cryptocurrency wallet. Customers will be able to check the value of their holdings and cryptocurrencies they are interested in acquiring. They will also be able to send and receive cryptocurrencies using the wallet, request payment, and view their transaction history. To ensure security and peace of mind to customers, the platform will guard the private keys of customers so that funds are not lost or stolen.

In addition, Forty Seven Bank aims to provide access to products such as bonds, futures, and options. Businesses will be able to attract capital using the platform by issuing their own “cryptobonds” (cryptocurrency bonds). These bonds will be liquid and tradeable both within the Forty Seven Bank exchange and elsewhere.

Given the unique offerings of Forty Seven Bank and their expansive view of technological trends, this project is likely to meet enormous success if it executes on its ambitious ideas and plans. As among the first-movers in the cryptocurrency arena aiming to bring convenience and liquidity to mainstream consumers while offering simplicity and security, investors have thus far been enthusiastic about the project.

The crowdsale or ICO of Forty Seven Bank began on November 16, 2017 and ends March 31, 2018. The Forty Seven Bank token, FSBT, is ERC20/EIP20 compliant and runs on top of the Ethereum blockchain. According to its website, a maximum of about 11 million FSBT will be minted, and 90 percent will go to contributors while the rest will be split between the founders and for the bounty, or marketing, campaign to promote the platform.

For more information about Forty Seven Bank:

Website: https://www.fortyseven.io/

Whitepaper: https://drive.google.com/file/d/0BzvESRkgX-uDeHc1QjRzbHRBelU/view

BABB: Inclusive Banking with Blockchain

BABB will provide banking services using blockchain.

BABB, or Bank Account Based Blockchain, was founded by Rashd Averroes to make banking more accessible to people from all over the world, particularly through the use of smart phones. Currently, the banking system places too many barriers for people in developed and developing countries, leading to about two billion people in the world currently lacking banking services or access to a mobile bank.

The BABB app will be accessible to anyone with a smart phone, which can in turn be downloaded and allows for the easy creation of a banking account. With BABB, users will not have to go through burdensome regulatory hoops that prevent, intentionally or unintentionally, people from getting basic banking services. The only requirements once the app is downloaded are taking a selfie and providing a passphrase for identification. With the ubiquity of smart phones in developed and developing countries, and the possibilities for empowering people financially with the devices already available to them, BABB can be a leader in bringing more financial inclusion globally and increasing the standard of living in developing countries.

The BABB app will allow users to send money to any other BABB user in the world with almost no fees. To send money to another user, the sender must verify his or her identity and confirm the amount to be sent along with the recipient. This capability will disrupt the money transfer industry which currently charges high fees to users, particularly in developing countries. Additionally, users can exchange currencies with other users physically near to them using the app and bypassing traditional money exchanges, allowing for cost savings and extra convenience.

BABB will offer users a Black Card allowing them to spend money in their account for real-world goods and services. Merchants can download the app to be able to accept payment from all BABB users. Customers can then pay for goods or services by scanning a QR code. This will allow businesses to expand their customer base and build relationships with customers, and will be cheaper than using traditional payment processors such as Visa and MasterCard.

The BABB crowdsale will take place from January 15 to February 28, 2018. The main token within the BABB ecosystem to ensure liquidity and to use basic services within the ecosystem is BAX. In total, 50 billion BAX tokens will be created. As an ERC20/EIP20 compliant token, BAX can be stored in popular Ethereum wallets such as Mist and MyEtherWallet. The funds derived from the crowdsale will enable the BABB team to develop and market the platform, rewarding investors along the way.

*I am receiving BABB tokens for the growth of the community.

To find more information about BABB:

Website: https://getbabb.com/

Whitepaper: https://getbabb.com/babb-whitepaper.pdf

Covesting: Copy-trading the Professionals

The Covesting COV token allows ordinary cryptocurrency traders to copy the trades of professionals.

Though ICOs have flooded the cryptocurrency market with unoriginal or useless ideas, Covesting has emerged as a unique, valuable proposition to investors and traders of cryptocurrencies: the platform provides the ability to copy the trades of professionals and share in their profits. The team behind Covesting has many years of financial and software experience, and the team is poised to complete a successful ICO with substantial funding and the drive to execute their novel ideas.

In a nutshell, Covesting allows traders and investors to copy the trades of professionals, also called models, by giving them 18 percent of their profits. Covesting will keep 10 percent of the profits as commission, and the remaining 72 percent will go to those using these models. Users of the platform can copy up to 20 models at a time, and the platform will allow for frictionless conversion of investments in real-time. This system has the effect of incentivizing all parties, creating a positive feedback loop that will ensure a growing ecosystem within the platform. The more successful the models are, the more users are going to copy their trades, thus allowing the models to generate significant revenues based on their success. Conversely, ordinary traders lacking the proficiency of the professionals can take advantage of their skills to enjoy a large percentage of their gains.

The Covesting platform allows users to mimic the trades of the best performers.

The CEO and founder of Covesting, Djmitrij Pruglo, has 12 years of experience in Forex, options, futures, commodities, and bonds. Previously, he was among the top performers at the SEB Bank Investments department. He also performed well as a trader for Saxo Bankin Denmark. The Covesting team is also stacked with experts in financial markets, blockchain, and software development to bring the goals of the platform to fruition.

The primary token used within the ecosystem is the COV token, which is ERC20 compatible and runs on top of the Ethereum protocol. Covesting will use at least 50 percent of the profits from transactional fees to buy back COV tokens and burn them, thus shrinking the supply of COV tokens over time. A reduced supply of COV will benefit long-term investors by increasing their value. The COV token will be available to investors at a discount until the ICO ends on January 15, 2018.

To find more information on Covesting:

Website: https://covesting.io/

Whitepaper: https://covesting.io/Covesting_White_Paper.pdf

Crypterium Cryptobank: Making Cryptocurrencies Mainstream

Crypterium seeks to make cryptocurrencies mainstream with its Cryptobank app.

With cryptocurrencies exploding in popularity among investors due to exceptional gains in recent years, and the difficulties in converting them to fiat currencies to fully realize those gains, Crypterium has emerged as a bridge between the cryptocurrency and fiat worlds. Crypterium will create its own Cryptobank app, which will allow for quick and cheap conversion between cryptocurrencies and fiat currencies.

With blockchain at the very early stage of its development and potentially revolutionizing the economy, its user-unfriendliness thus far has been a deterrent for most investors and internet users. Eyeing what is potentially a market in the trillions of dollars, Crypterium aims to build an infrastructure allowing ordinary people to manage their cryptocurrencies with ease and to spend them with virtual cards. As one of the first companies attempting to make cryptocurrencies mainstream and given its team’s marketing knowledge and experience, Crypterium will likely be able to capture a significant portion of this largely untapped market.

Central to the Crypterium platform is the Cryptobank app that will allow users to manage and view their cryptocurrency holdings, and frictionlessly convert them to fiat currencies. The Cryptobank app will be available to Android and iOS users, and will allow users to quickly and easily set up their own account. The Cryptobank app will even allow users to obtain loans based on their credit score and transaction history. The CRED subtoken will be used for the issuance of loans within the platform, and it too will easily be convertible to fiat currencies.

The Crypterium app will bring cryptocurrencies mainstream.
The Crypterium app will bring cryptocurrencies mainstream.

The token that will be necessary to use the Cryptobank platform and that will serve as the fuel for the ecosystem is the CRPT token, which is ERC20 compatible and runs on top of the Ethereum blockchain. Each time a user spends using the Cryptobank platform, an equivalent of 0.5 percent of the transaction of CRPT is burned, thus continually reducing the supply of tokens over time. The continual burning of CRPT tokens and their usefulness within the Crypterium ecosystem will drive up their value over time. Moreover, token holders and users of the platform will receive 30 percent of the transactional income each month through the Monthly Loyalty Fund (MLF). Initially, the supply of CRPT will be no more than 300 million.

The initial coin offering (ICO) of Crypterium ends January 18, 2018, and during this time investors will be able to purchase CRPT tokens at a discount, with greater bonuses available depending on how early they are bought. Thus far, Crypterium has raised over $30 million, which will enable the project to develop and market the platform to fulfill the goals in its roadmap.

*I am receiving Crypterium tokens for the growth of the community.