• Uizard raises funds for its AI that turns design mockups into source code

    When you’re trying to build apps, there is a very tedious point where you have to star at a wireframe and then laboriously turn it into code. Actually, the process itself is highly repetitive and ought to be much easier. The traditional software development from front-end design, to front-end html/css development and to working code is expensive, time-consuming, tedious and repetitive. But most approaches to solving this problem have been more complex than they need to be. What if you could just turn wireframes straight into code and then devote your time to the more complex aspects of a build? That’s the idea behind a Copenhagen-based startup called Uizard. Uizard’s computer vision and AI platform claims to be able to automatically turn design mockups — and this could be on the back of napkin — into source code that developers can plug into their backend code. It’s now raised an $800,000 pre-seed round led by New York-based LDV Capital with co-investors ByFounders, The Nordic Web Ventures, 7percent Ventures, New York Venture Partners, entrepreneur Peter Stern co-founder of Datek, and Philipp Moehring and Andy Chung from AngelList . This fundraising will be used to grow the team and launch the Beta product. The company received interest when in June 2017 when they released their first research milestone dubbed “pix2code” and implementation on Github was the 2nd most trending project of June 2017 ahead of Facebook Prepack and Google Tensorflow.

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  • Farmers are Clogging the Ethereum Network: Ethereum (ETH) Technical Analysis (May 22, 2018)

    From our charts, Ethereum is reversing previous losses and week over week it’s up one percent though chances of further upsides exceeds that of sell pressure. While I remain upbeat, we must take caution and note that May 11 Ethereum highs at $750 is a strong resistance line. Technically-and considering our analysis, it is a liquidation line and an upper limit of May 11 upper limit short covering. If there is elevation in Ethereum bull market participation and prices thrust above this resistance, then we can ramp up longs in lower time frames. From the News It’s only three days before the much publicized Tron Virtual Machine (TVM) goes live and the Tron Foundation have their baits in Ethereum waters. Without wasting time, they are quick to act and are promising developers a wide array of benefits should they want to shift building environment and migrate to Tron. Through a Tweet, Tron declared that they were creating this easy to use, seamless development platform where Ethereum DApp developers can easily change camps. Besides effortless migration, developers were told they shall easily secure a $100,000 loan. These loans are interest free in the first 18 months and serviced in the next 18 months either in USD or TRX when due. Furthermore, Tron guarantees a blockchain that would process 10,000 TPS unlike Ethereum which is struggling with speed especially when it peaks. Supporting developers has always been a priority for #TRON. We are offering $100,000 LOAN to the projects helping to expand and strengthen our network. Have a look here https://t.co/siUtxwv1zK — Tron Foundation (@Tronfoundation) May 4, 2018 On the other side, there are still many questions that lingers when it comes to BTC-ETH relationship. One of the loudest questions we keep asking is when “Flappening” will happen? Of course, we all know that most alt coins derive value not only from BTC but from ETH especially if we consider that most ERC-20 tokens ride on Ethereum and have an obligation to pay network fees in ETH. This creates demand. Growth wise, the expansion in BTC valuation has been slow whilst Ethereum token projects with Proof of Concept register double digit gains as Bitcoin value stagnates below $9,000. In my view, Roger Ver assertions are likely to come to pass. In that case, Bitcoin dominance shall wane as Ethereum slowly but surely takes the mantle. Ethereum (ETH) Technical Analysis Weekly Chart Ethereum Weekly Chart by Trading View On the charts, week ending May 6 is significant in our analysis. While many foresaw a situation where prices would continue edging higher after that climactic price and surge in volumes, there was a contrarian price action because ETH sellers drove prices lower. Now, for better perspective we shall bring to light recent technical developments in the last two weeks. First, notice that both candlesticks have long lower wicks signaling ETH buy pressure. Secondly, despite incessant bear pressure by week ending May 20, sellers didn’t break past Week ending May 6 lows at $620 which by the way was near our main support at $600. These candlestick characteristics alone reveal that recent moves were actually long coverings and for buyers to be truly in charge, we need to see strong up-thrusts complete with strong volumes past $750. $750 is the edge past this lower-time frame consolidation and resistance capping price moves. Daily Chart Ethereum Daily Chart by Trading View Representing those long lower wick in the weekly chart are series of bulls in the daily chart. While May 12 did reject lower prices despite high volumes, it’s the follow through that cements our bullish sentiments. Realize that after May 12, prices are still moving horizontally but within May 11 bear candlestick meaning either we might see a bullish break out at $750 or short covering liquidations at that level. So, I would like to see price reacting at $750. In case there is a break above, I recommend buys with first targets at $850. The post Farmers are Clogging the Ethereum Network: Ethereum (ETH) Technical Analysis (May 22, 2018) appeared first on NewsBTC.

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  • John McAfee: “Expect Top 10 Coin Prices to Blow Through the Roof! Institutional Investors are Aching to Go”: Tron, EOS, Litecoin, IOTA and Stellar Price Analysis (May 22, 2018)

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