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Facebook has been in the news for many reasons this year having been involved in a number of scandals such as the Cambridge Analytica Controversy, retention of deleted video files, proliferation of fake news and russian meddling in US elections. Nonetheless, this time, Facebook is introducing (yet again) a new product called Libra that is potentially (considering their reach and registered users) going to revolutionise the Cryptocurrency market. Libra (as it is called) was created with a mission to become a single, global currency and financial infrastructure that empowers billions of people. Libra is built on a secure, scalable, and reliable blockchain, backed by a reserve of assets that help keep its value stable and governed by the independent Libra Association, tasked with evolving the ecosystem! Libra is a global, digitally native, reserve-backed cryptocurrency built on the foundation of blockchain technology. People will be able to send, receive, spend, and secure their money,…

Mobile influencer platform Jet8 is set to launch a token J8T to the public. According to Jet8, taking the company public via an initial coin offering (ICO), is part of a strategy to make its platform more accessible outside of its current operational markets of Southeast Asia and South Africa. Jet8 connects brands, influencers and consumers by tracking content which influenced then linking social analytics to a digital token system, allowing micro influencers earn from brands. According to Jet8, they have worked with major brands like Coca Cola, Nestle, Avon, Danone, Friesland Campina, Unilever, P & G, Heinz and Indofoods to compensate users for social influence. The ICO is expected to act as an extension of its original token platform which also works using blockchain technology. According to the announcement, Jet8 capped the public token sale at US$36 million, with 30% allocated for public sale at US$.10 per Jet8. The…