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Apr 29, 2020 19:36
Celebrate Bitcoin History at the Kraken ‘Block Drop’ VR Halving Party

Kraken is excited to announce we’re working with Reckless VR, the leading Bitcoin VR events community, to host a special gathering to commemorate Bitcoin’s upcoming rewards reduction.

To be held Sunday, May 10th from 16:00 to 20:00 UTC (12:00 to 4:00PM EST), our digital event will feature a who’s who of high-profile guests coming together for one-of-a-kind talks and giveaways.

At Kraken, we want to celebrate Bitcoin for all it continues to accomplish in the fight for a better financial system. That’s why we’re committed to bringing Bitcoiners together for a memorable experience, despite the global uncertainty currently keeping so many apart. 

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Attendees will be eligible to win prizes as part of our giveaways, including a FREE Oculus Quest headset (valued at $600), Kraken t-shirts and more.

Further, the event will feature special panel sessions moderated by Kraken experts, including Dan Held, Pete Rizzo and Pierre Rochard, with a special appearance by our CEO Jesse Powell. 

Who Is Attending? 

We’re hard at work finalizing an all-star line-up of guests and speakers, and are happy to say that exciting announcements are coming soon.

You can keep track of developments via the Kraken Twitter, the Reckless VR Twitter or with the hashtag #BlockDrop. 

What If I Don’t Have a VR Headset? 

Not a problem! We’re aiming to stream the event live to Kraken’s FacebookTwitter and YouTube channels. You will also be able to join the virtual venue on a Windows PC, without a VR headset.

Look out for email and social media messaging with additional details. 

When is the Halving? 

Due to the decentralized nature of Bitcoin, we don’t know exactly when the halving will be. 

We’re actively monitoring the latest blockchain data and best estimates suggest it will occur sometime between Sunday, May 10th and Wednesday, May 13th. 

Wait… What is the Halving?

Still not sure what we’re celebrating? 

The Kraken research team has compiled an introductory report that outlines the halving and how it has historically impacted Bitcoin. You can read the full report hereAlso available is Pierre Rochard’s Kraken webinar, “Bitcoin’s Third Halving,” now on YouTube.

About Reckless VR 

Reckless VR is the largest community for virtual reality Bitcoin events.

VR meetups are held every week, with talks by leading developers from teams like Lightning Labs, BTCPay and JoinMarket, as well as interviews and panels with guests like Peter McCormack and the Magical Crypto Friends.

As part of the news, Kraken will begin sponsoring the Reckless VR Bitcoin meetups.

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Davorin Bebek

Davorin Bebek - Co-founder. After finishing Law University in Croatia, he started to work as Chief Marketing Officer and campaign builder for various startups in different industries. That's how he got familiar with cryptocurrencies and blockchain technology and become it's strong advocate.
Evgeniy Florin
Chief Marketing Officer

Evgeniy is a highly respected sales and team building professional with over 15 years of experience and a history of success. He has thorough experience in blockchain and network marketing, and has been following the evolution of cryptocurrencies for years. He believes that the combination of these two can really make positive changes to the global economy in the near future.
Martin Maffei

Martin is a highly experienced Systems Engineer with a demonstrated history of over 20 years leading software development teams for financial, oil & gas and other industries. Enthusiastic and passionate about cryptocurrencies and Blockchain since years, he strongly believes that this technology is not only the fourth industrial revolution, but the future of money.
Graham R Clark

Graham - The senior business leader and previous start-up founder. He has been working in Capital markets and Financial information technology for more than 20 years now. For the past two years he has been working on a number of blockchain and crypto projects both as an advisor as well as an OTC facilitator.
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Last years Co-owner of IT company mainly processes systems for banks, lottery operators, and telecoms. Responsible for marketing and sales. Founder of a startup based on high-end streaming and blockchain tools. Specialize in creating global ideas, using a smart approach to build and optimize startup work. Understand cultural differences in the formation of complex sales and marketing structures. Startup advisors, speaker, blockchain enthusiast. The advocate of balanced tourism.
To receive the bonus and change your ranking, you will need to complete and meet the requirements of eight different investment levels. These investment levels make up the overall Partner Investment Structure (PIS).

Please note that each of your own personal investments will also bring you 100% towards your overall personal contribution;

The eight different PIS investment levels are detailed below, together with their relevant percentages and their turnover limits.

Level 1
Each investment of the 1st level referral in your PIS will also bring you 100% to the total PIS turnover.

Level 2
Each investment of the 2nd level referral in your PIS will bring you 50% to the total PIS turnover.

Level 3
Each 3rd level referral investment in your PIS will bring you 30% to the total PIS turnover.

Level 4
Each investment referral 4th level in your structure will bring you 20% of the total turnover of the PIS;

Level 5
Each investment of the 5th level referral in your structure will bring you 15% to the total PIS turnover.

Level 6
Each investment of the 6th level referral in your structure will bring you 10% to the total PIS turnover.

Level 7
Each investment of the 7th level referral in your structure will bring you 5% to the total PIS turnover.

Level 8
Each investment of the 8th level referral in your structure will bring you 3% to the total PIS turnover.

Use case example
As an example, if you are a Partner with a total turnover of $ 12,000 and your Level 3 referral made an investment of $ 1,000, then you PIS turnover will receive a credit for 30% or the equivalent of $300.

This means that your PIS will then have a total turnover of $ 12,300.

In order to reach the Ambassador rank, your PIS will need to make a joint investment of $25,000.

In addition, you will also need to make a personal contribution of $ 1,000, in order that you receive the bonus for the rank of $ 1,000.

This can be achieved in two ways: either through direct personal sales for this amount; or from an investment made by any party from your PIS network that equals this amount.

As a general rule, the second option is proven to be more effective than the first, provided that is you have a PIS that has developed to at least 4 levels.

IMPORTANT: As each PIS turnover level is achieved, the next rank is not reset, but continues to grow.

For example, when your PIS has reached a turnover of $ 25,000 you will be awarded the rank of Ambassador. To then move forwards on to the next rank of Businessman ($ 50,000), your PIS only needs to achieve $ 25,000 in sales.