Category: Company News

The third biggest Webtoons platform in South Korea—Toomics ventures into decentralized comics using TooNFT.

Toomics, one of the leading WebToons, Comics, and Manga platforms in South Korea, will turn the tides of the Webtoons industry by introducing the TooNFT blockchain platform in this ordeal. TooNFT is a pioneering blockchain-based ecosystem that will transform the Manga, Comic, and WebToon industry by building a next-gen NFT platform.

Its main features ensure the exchange of value between writers, readers, and all kinds of investors without an intermediary.

This creates a see-through payment system for investors and digital creators and transforms WebToons, Manga, and Comics into transactive NFTs.

Introducing TooNFT

Toomics created its first blockchain-based permissionless Web 3 platform called “TooNFT.” TooNFT aims to build an industry domineering platform for Manga, Comics, and WebToons. Toomics seeks to transform the industry using blockchain technology and bring the TooNFT platform to the public.

Meet Toomics

Toomics is one of the leading WebToons online platforms with circa 53 million users, 22 million MAU, and a page view of over 2.6 billion users. Also, Toomics has over 10 million app downloads around the world. Currently, Toomics operates in several countries and has a staff of over 200+ active personnel translating WebToons and advertising them around the globe. In South Korea, Toomics is one of the leading and oldest WebToon platforms with gifted digital content creators.

How we Plan to Decentralized WebToons, Comics, and Manga Through TooNFT

As Web 3.0 and DApps are experiencing a raping transformation of technological enhancements, Toomics has decided to slowly move over to the novel era of decentralized applications created and hosted on blockchain technology. These applications aim at increasing the degree of adoption for IPs that are effortlessly integrated through Non-Fungible Token Standards.

The central aim of the TooNFT decentralized application is to develop an accessible transit from centralized platforms to distributed ecosystems where digital content creators can have a fair profit disbursement by changing their WebToons to NFTs and exchanging them in the unique P2P NFT market.

What Distinguishes TooNFT from the Crowd

The main functionalities of the TooNFT platform are tactically aimed at solving the problem in the industry for online Webtoons fans. We are developing a platform that comes with several unique features for users. Let’s look at them below.

Content Subscription Service

This accessibility allows writers to post content without publishing fees. It aims to grow accessibility for Webtoons while increasing the choices for users.

Content Selection Through DAO Governance

The team will decide on this feature and will move to be voted by the DAO mechanism.

Community Development

The introduction of community pages for fans to contribute their thoughts and opinions. This feature enables users to develop fandom. Thus, rewarding users who participate in tasks.

NFT Infrastructures and Profit-Distribution System

Stakeholders receive a share of the profits from content pegged to NFTs.

The TOON Token

In the TooNFT network, the TOON token will reward users and enable staking. It also grants users access to several features and services in the platform. Additionally, users can partake in DAO voting and contribute to the network using the TOON toke.

 

The new age of wealth gave way to many new things in the world today. If we look at the luxury industry, watches are hard to get, cars are hard to buy. The world is currently experiencing a new wave of people that are attempting to buy things that money could not buy before. This article will explore some case studies in which NFTs allow for the purchasing of things that money could not buy before like BAYC, Crypto Punks, and now new projects like High Sloth Society, and more.

The Current Wave of Demand and the Luxury Industries

With the new age of wealth, naturally, the luxury markets have enjoyed a great boom when it comes to the demand over the sectors. Rolexes are becoming impossible to buy, cars are low in supply, even luxury real estate has inflated in prices over the past 2 years since the pandemic. The rich are becoming less interested in what money can buy, now they want what money can’t buy. Now, the world is seeing a revolution taking place currently with the rise of the NFT industry to satisfy that urge.

The Bored Apes

One of the most successful NFT projects in the sector right now is the Bored Ape Yacht Club NFTs. They are selling for millions of dollars regularly, with the cheapest ones currently on sale right now for over 100 ETH (which is over $300,000 at the time of this article). One of the biggest reasons for this insane pricing is because the Bored Ape Yacht Club gives a sense of membership to an exclusive club. Eminem, Rihanna, and many other A-list celebrities and notable people are all part of the club. In essence, to be considered as part of the same group, you need to own a bored ape NFT. This is something that did not exist before. But now it does, through the use case of NFT technology.

NFTs, and the evolution of their reach

Given the case study of the Bored Apes, now we are seeing new reaches in the space. The High Sloth Society project is a new way for people to buy something that could not be bought before.

In Korea, Funds pour into Dao to buy Korean national treasures, there was an ancient artifact that went on sale. Through a company called Crayon DAO, 900 ETH was raised to purchase the artifact of the museum that was on the brink of bankruptcy. Now, this artifact is in the hands of the crypto crowd. Giving notable people the exclusive opportunity to be part of the ownership of this artifact. Enter the High Sloth Society, where you could buy this NFT soon and own a piece of a sacred portable temple.

This is an NFT PFP collection that would bridge the sacred artifact and the crypto space to real ownership. This is the chance for people to participate in the preservation and ownership of something that comes from the upper echelon of collecting, and heritage. This is a perfect example of something that people could not buy before. An ancient artifact, protected by the gates of a museum, is now brought and offered to the world via NFTs as a vessel of the rightful ownership of a sacred temple.

Website: https://www.highslothsociety.com/

 

The Drunk Robots team just made a huge announcement: their IDO will launch on April 7 on the Liquidifty, GameFi and TrustPad platforms! It’s time for followers of the project, as well as lovers of beer, robots, and good old-fashioned brawls, to celebrate!

Don’t miss this first chance to grab some $METAL tokens, as well as to invest in Drunk Robots alongside the project’s notable supporters, including animoca brands, merit circle, gate.io, zb.com, and 1inch!

About Drunk Robots

Drunk Robots is a play-to-earn RPG brawler built on the Binance Smart Chain. Players will make a name for themselves in Los Machines, a futuristic city inhabited by junky, drunk robots whose only interests are metal, beer, and violence. After purchasing a unique robot NFT (there are 10101 Drunk Robots NFTs in total), players will have to fight for survival as they attempt to seize control of Los Machines.

Engage in brutal PVP battles, venture out on expeditions to find $METAL and booze, join a gang of fellow drunks, and customize the robot with upgraded weapons, gear, and collectibles. Drunk Robots also offers many free-to-play activities, such as mini-games that also grant valuable rewards.

What is $METAL used for?

Through their battles and adventures in Drunk Robots, players will earn various rewards, such as equipment and upgrades for their fighters, in the form of NFTs. Players can buy and sell these tokens on the game’s marketplace using $METAL tokens.

$METAL tokens can be used by players to:

• Trade in-game items on the marketplace
• Progress their characters and equipment
• Battle in the PVP arena
• Participate in races
• Upgrade their level and more!

How to Participate in IDO

There are three options to participate in the Drunk Robots IDO: Liquidifty, GameFi and TrustPad. The $METAL token price and vesting conditions will be the same on all platforms, but each launchpad has its own system of allocation and its own terms for participation. Here’s what you need to know to get started:

Liquidifty

Liquidifty aims to bring more liquidity to the NFT market by granting NFT owners more use cases. Their platform provides different tools for NFT collectors; users can use cross-chain NFT oracles, take out loans using NFTs as collateral, earn with NFT vaults, trade tokens on a convenient cross-chain marketplace, or join a multi-ownership feature.

Minimum Investment for FCFS: $600
Minimum Investment for Guaranteed allocation: $2000
Total number of METAL allocated: 5,000,000
KYC: No

GameFi

GameFi is an all-encompassing hub for game finance, serving game studios, players, traders, and investors in one place. GameFi brings the gaming community the promising blockchain game initiatives developed on the BSC and Polygon networks, which host most of the top-rated play-to-earn titles. Simultaneously, GameFi is the first marketplace to enable cross-game trading of in-game items and NFTs.

Minimum Investment for Lottery: $889
Minimum Investment for Guaranteed allocation: $133,350
Total number of METAL allocated: 20,000,000
KYC: Required

TrustPad

TrustPad is a decentralized, multi-chain fundraising platform enabling projects to raise capital and promise safety to early stage investors. Stake TrustPad tokens to get priority-access to promising projects.

Minimum Investment for Lottery: $1590
Minimum Investment for Guaranteed allocation: $7950
Total number of METAL allocated: 5,000,000
KYC: No

Tokenomics and Vesting

Total supply: 2,750,000,000 $METAL
Public round allocation: 30,000,000 $METAL
IDO and Listing price: $0.01
FDV on Listing: $27.5M
TGE MarketCap with liquidity provided: 18,750,000 $METAL / $187,500
TGE MarketCap without liquidity: 5,000,000 $METAL / $50,000
Vesting schedule for public round: 10% TGE, 15% monthly

For additional information, take a look at Drunk Robots’ tokenomics in more detail here: https://liquidifty.info/3hdfP4j

Listing

After the IDO, $METAL tokens will be purchasable on the Pancakeswap and Gate.io exchanges from April 8.

 

 

Fetch.ai is West Ham United’s exclusive official artificial intelligence partner and the premier league’s giant non-exclusive Official Global Partner. Under the deal, Fetch.ai has also been designated as West Ham United Women’s football club’s non-exclusive official partner. Through this partnership, Fetch.ai and West Ham United will leverage and promote the impact of artificial intelligence in enhancing businesses and daily lives.

Fetch.ai Brand to be Displayed in West Ham United LEDs

Subsequently, West Ham United will promote the Fetch.ai brand and its products in their mega London Stadium on their LED perimeter advertising boards and displays, marketing Fetch.ai’s smart parking concept, upcoming social media platform, and future smart solutions.

West Ham United’s London Stadium at the Queen Elizabeth Olympic Park has a capacity of 67,000 fans. It is larger than Tottenham Hotspur’s £1 billion stadium. In London, the West Ham United’s mega stadium is only second after Wembley and Twickenham stadiums.

Nathan Thompson, the Commercial Director of West Ham United, said he was delighted with the partnership.

“We are delighted to announce our first Official Artificial Intelligence Partner and welcome Fetch.ai to the Club at an exciting time for the business, and the industry. We’re looking forward to working with Fetch.ai on their smart parking concept, social media platform, and upcoming projects that will provide smart solutions for fans.”

Using Artificial Intelligence to Drive Crypto Solutions

The developers of Fetch.ai are firm believers that smart contracts can, as their name implies, be smart. Fetch.ai integrates artificial intelligence and machine learning for the building and deployment of smart code to deliver enhanced service delivery for users, businesses, and organizations.

Through their secure and decentralized blockchain, Fetch.ai can securely launch their Autonomous Economic Agents (AEA)—representing connected devices, users, or organizations—and act on their behalf on the Fetch.ai network. These agents depend on artificial intelligence and are created as digital citizens.

They are tasked with securely and instantaneously connecting to vast data sources and hardware environments, effectively eliminating the need for aggregators. Therefore, by using artificial intelligence solutions in creative ways, the founder of Fetch.ai, Humayun Sheikh, believes it will power the “future of world-class Premier League football” for fans in the U.K. and worldwide.

 

 

 

 

The term “hacking” might conjure up images of shadowy figures typing away in darkened rooms, but the truth is that hacking can be a force for good.

As part of their ongoing efforts, CodeCluster and Next Earth will be sponsoring CCTF – the largest hacker competition for crypto and blockchain hackers. This year’s event will take place in May, but players can apply until April 7th.

Crypto CTF is more than just a competition – it’s also an educational event, teaching through hacking. The challenges are designed to be realistic, and cover topics that cryptographers, auditors, pentesters and security engineers face on a daily basis, including hacking challenges related to Bitcoin, Ethereum, and even Polkadot.

The sponsor Next Earth is the third-largest metaverse project, with more than 30,000 virtual landowners, 180,000+ registered users, and 2,500+ transactions. The platform was created to become a self-sustaining, self-regulated not-for-profit supporting environmental causes on Earth, and has donated $1 million to environmental initiatives since launch in Q4 2021.

CodeCluster is a culture-first web and app development shop. The vision for Crypto CTF was conceived at the beginning of 2019 by Six, and the first round was played during the BsidesBUD information security conference. Since then, each event has seen an increased number of participants and sponsors.

Teaching Through Hacking

As Next Earth aims to lead the metaverse charge with their innovative platform, they realize the importance of the next generation of talented developers. After all, if the metaverse is to become the next generation of the Internet, then it will need the support of the next generation of coders and developers.

For instance, consider that an entirely new infrastructure needs to be created to support the metaverse. Everything from the way data is stored and transmitted, to the way identities are verified and assets are managed, will need to be built. That’s a lot of work, and it will require the skills of thousands of talented coders and developers.

Moreover, consider the need for interoperability between metaverse platforms. Users should be able to move their assets and data freely between different metaverse platforms, without losing anything in the process. That’s a daunting challenge and one that calls for developers with a big-picture view.

The CCTF event is one way that CodeCluster and Next Earth are working to create a pipeline of talented metaverse developers. By sponsoring the event, they are incentivizing people to develop the skills needed to build the metaverse.

Past events have covered topics such as cryptography, blockchain, Proof of Authority, Smart Contract security, frontrunning and cryptocurrency infrastructure vulnerabilities, weak crypto, misconfigurations, leaked wallets, BIP seeds, and incorrect RSA implementation.

With each event, the pool of talented coders and developers grows, and a global metaverse gets one step closer to becoming a reality.

 

 

Photo by micheile || visual stories on Unsplash

The largest grossing entertainment sector is the gaming industry. Boasting a whopping $145b in revenue, the gaming sector has taken the globe by storm. As of Q1 2022, the market value of the gaming industry is $155b (link). The gaming industry saw success during the recent pandemic, where many worked from home. Computer-based gaming saw a surge as many moved to games they could play on their work devices. The games that saw a revenue boost had short, sweet and competitive gameplay loops. Games in which someone working could log on, play for a short amount of time and go back to work saw great success (link).

The surging gaming trend would soon see the improvement of blockchain technology as the concept P2E (play-to-earn) was born. P2E rewards players for gaming with the platform’s chosen token. These cryptocurrency tokens have strictly assigned dollar value based on the rarity of the token. These tokens are then automatically distributed through the blockchain to a player’s account – simply for playing. Normally transactions are limited by the blockchain used. For instance, a token on the Ethereum blockchain cannot be sent to a user on BSC (binance smart chain). However, K4 Rally is cross-chain, meaning that any user on Ethereum, BSC, Avalanche or Polygon can play with ease.

K4 Rally and its token $K4R is one of the leading P2E projects with its high-quality graphics and accessible computer specifications. K4 Rally is web-based, meaning that whilst it looks incredible with its highly detailed 3D models, it can also run on an older Chromebook. Thus K4 Rally focuses specifically on accessibility and quality. Further, the game also features varied playstyles. A player can aim to win the daily and weekly tournaments, collect rally cars and race tracks, stake $K4R for passive income and more!

The cars and race drivers you collect are not just cosmetic items – but valuable and tradable assets a player acquires. These items are called NFTs (non-fungible tokens) and it means the assets are similar to tokens on the blockchain. They can be traded instantly, sold and secured through a player’s private account. This means you would play K4 Rally, win a tournament, acquire a rare rally car and then be able to rent it out to players for passive gains, trade it or more. NFTs are the cornerstone of this P2E game as it provides freedom and versatility to earn money.

In regards to quality, K4 Rally works only with the best-of-the-best. With over 20+ years in the gaming industry, K4 Rally is designed by GAWOONI MetaLabs. GAWOONI MetaLabs are more than just talented game designers but also blockchain developers, motorsport experts, marketing professionals and financial experts. The quality control doesn’t stop there, as the project also partnered with Rally Champion Johannes Keferböck and one of the best rally co-drivers in the world Ilka Minor. This partnership spawned the creation of the K4 Rally team.

K4 Rally balances a fast-paced racing game that provides additional varying gameplay styles for players. Whilst K4 Rally’s played competitively, it also supports users who want to play, collect and have fun. Every user can play with ease, from numerous blockchains or thanks to the low system requirements. This, however, does not limit the graphical fidelity of K4 Rally as it boasts incredibly realistic graphics designed alongside a Rally Champion. Most importantly, everything the player does will earn them money. From winning tournaments to staking tokens, renting out NFT rally cars to trading NFTs. These NFTS are of the highest quality and provide unparalleled P2E possibilities. K4 Rally and their NFTs are the perfect demonstration of P2E evolving in the gaming industry. Whatever your playstyle, drift into K4 Rally and join the P2E revolution today.

 

 

The traditional finance world, or TradFi as we know it, lacks inclusivity. According to the data published and endorsed by the World Bank, only 69% of the world’s adult population has an account. Although financial inclusion is the enabler for seven out of the seventeen Sustainable Development Goals, 1.7 billion people are unbanked. Lack of inclusion stems from the entry barriers that the TradFi has itself cultivated in the form of unnecessary documentation needs, involvement of too many intermediaries and approvals in the process, and more.

The current financial structures are rigged, believes Brian Pasfield, CTO of Fringe Finance. In an interview with beINcrypto’s Alexandra Kons, Brian said that his observations held ground for other segments as well, including gold, commodities, silver, metals, energy markets, and so forth. He added that this “gave him a bit of an insight at how things operated at a global and macro scale.” Therefore, Brian believes, the decentralization of financial systems is not an option but a necessity.

A catalyst for decentralization

The 2008 global financial crisis was devastating, as it wiped off $22 trillion from the United States economy. If we distribute these losses to all Americans, they would average at $72000 per citizen. The crisis made it clear that the global financial ecosystem is under the control of a few financial institutions. At a global level, the combined GDP of all countries dropped by 4%, an effect still felt by the world a decade later.

However, amidst this chaos, no solution seemed like it could change the situation until Bitcoin aimed to take the world towards the path of decentralization. Bitcoin, a breath of fresh air, was truly independent, and its value wasn’t linked with the situation in any particular country.

Brian, too, realized the crucial differences between Bitcoin and the rest of the financial system. While talking about Bitcoin, he said to Alexandra Kons that “it represents opportunity. Its decentralization, uncensorability, a limited supply, ushered in a way to transfer value.”

He further added, “Of course, it (Bitcoin) is the first underlying component that will manifest into a truly decentralized and distributed world.” In addition, Brian sees Bitcoin as a perfect option for people to opt in for instead of being forced into by legacy centralized institutions.

The first layer of transfer of value

Bitcoin and other cryptocurrencies have started a revolution that isn’t stopping any time soon. Decentralized Finance, for example, is open and accessible, qualities rarely found in the financial services offered by centralized institutions.

Brian says, “in DeFi, people can take part in financial services, and they do not require any permission, and (it works) in a manner that is uncensorable and (lets them) access the whole host of financial services that otherwise they would not have been able to take advantage of.”

A new era?

The evolution of mechanisms around pseudonymous identity and reputation is a game-changer, believes Brian. He says it’s because “this usher in a new era where individuals and organizations, particularly DAOs, will now be able to undertake dispute resolution in a pseudonymous manner.”

He further adds that “dispute resolution will be based on maintaining users’ reputation because their reputation will be the largest part of the currency of their ability on a continuing and evolving basis within the decentralized domain.”

What this will do, then, is add a layer of force or compulsion, which they can use to enforce rules within the decentralized space. “Reputation will be a key driver for that,” says Brian.

Brian also explains that once these pseudonymous systems are established, people will be able to interact and access services within the decentralized web trustlessly. It will enable DAOs to interact among themselves and with users to hear and adjudicate disputes with real implications for users. The implications won’t be physical per se, but they will impact the reputation that a user will wish to retain.

Real-world example of reputation today

If we look at it from the perspective of an individual, it isn’t as if reputation is not already a part of the traditional financial space because it already is, and it is known as a “Credit Score.” Yes, a credit score is on similar lines to reputation, as it influences the chances a person will be able to avail of loans or not. But, credit scores serve the needs of exclusion rather than being vehicles of entry for a larger population. Reputation in DeFi is enabling rather than being prohibitive. It will open the way to uncollateralized loans and access other services on the web without any permission.

 

Image: Pixabay

Across the proof-of-stake (PoS) industry, a vast number of users and protocols have been long reaping the benefits of the PoS consensus mechanism. It is not only an easy and practical way to secure blockchain networks but also a fool-proof way for users to earn high APYs in exchange for their participation via staking. However, the fact that staked assets remain locked for extended periods of time, limits their usability and deters many users from staking altogether.

This is precisely why liquid staking as a means of unlocking liquidity of staked assets is being explored within DeFi, and leading the charge in this realm is the Tendermint/Cosmos-based Persistence network. Persistence empowers the creation of an ecosystem of products that help make liquid staking the default form of staking. And with the tokens $XPRT and $PSTAKE at the helm of operations to capture the value of this ever-growing ecosystem, the Persistence network is poised to become the epicenter for liquid staking in DeFi.

A Symbiosis Like Never Before

As mentioned before, Persistence is a layer-1 blockchain network that aims to build an ecosystem of products to promote liquid staking in the industry. For the uninitiated, liquid staking is a way of issuing tokenized versions or derivatives of staked assets to unlock their liquidity and allows them to be stored, transferred, used in DeFi, or spent just like any other tokens. In this regard, pSTAKE, the signature product and the cornerstone of the Persistence ecosystem, is the epitome of liquid staking.

It allows token holders to stake their PoS assets via the pSTAKE protocol to receive 1:1 pegged stkASSETs as representative tokens that can be spent or used to generate additional yield with DeFi protocols. The PoS assets staked via pSTAKE are staked with top validators on their underlying networks. This means that users while reaping the full staking rewards for assets on underlying networks, will also have the opportunity to re-use those assets on DEXs and DeFi lending protocols. As such, $PSTAKE is the native governance token of the pSTAKE protocol that gives holders the right to participate in platform governance by staking the token.

Along with this, $PSTAKE is also used to incentivize the use of products and protocols built by the Persistence network to create innovative use-cases for the unlocked stkASSETs. A protocol like this is poised to unlock liquidity of billions of dollars worth of assets staked in DeFi, and by incorporating them into other protocols within the industry, will contribute to the growth of DeFi as a whole.

While pSTAKE is its signature protocol, the Persistence network has plans for an entire ecosystem of DeFi protocols that incorporate the stkASSETs at the core of their operations and create utility for them. And $XPRT as the native token of the Persistence chain is in a unique position to foster the development of these new protocols and capture the value of the ecosystem. Users of pSTAKE and these new protocols will pay user fees and gas fees in $XPRT, which are then partly funneled to $XPRT stakers who are helping to secure the persistence chain.

As such, both $PSTAKE and $XPRT have a unique symbiosis with each other. While one of these fosters the growth of new utilities for liquid-staked assets, the other incentivize their use, ultimately positioning Persistence as the go-to liquid staking platform.

The Next Generation of DeFi

With DeFi’s mainstream adoption underway, the industry is taking strides toward fixing gaps that could potentially hinder its adoption. In this regard, the lack of utility for staked assets is a problem that was glossed over for a long time and only recently has come into full view. Now, with networks like Persistence taking steps towards closing this gap with liquid staking, the next iteration of DeFi will move from mere speculation towards real-value creation, creating a brand new financial infrastructure for users.

 

 

 

Ethereum might still be the number one blockchain for smart contracts, but dozens of competing networks have been gaining ground. Lots of these alternative chains have been quite vocal about their status as an “Ethereum killer”, while others have stayed quiet, keeping their heads down and focusing on growth rather than media attention.

One of the quiet ones to watch may well be Tezos, an open-source and eco-friendly blockchain that first went online four years ago and has, until recently, managed to stay under the radar. But it has been working hard for these last four years, building out and developing its software, quietly attracting partners and expanding its user base with a sharp focus on DeFi, green NFTs, GameFi and the metaverse.

That hard work has paid off. In the last year Tezos has emerged as one of the darlings of the DeFi space. Back in the summer of 2020 Tezos was pretty much invisible, with less than $1 million in total value locked across all of its DeFi projects. Since then, its popularity has exploded, reaching an all-time high of just over $217 million in TVL in October 2021, with more than 100 dApps running on its blockchain.

Tezos can put much of its success down to the unique consensus mechanism it employs, which is not only vastly different to the Proof-of-Work (PoW) algorithm that underpins Bitcoin but also unique compared to most other chains that are based on the alternative Proof-of-Stake mechanism.

Tezos relies on what’s called a Liquid Proof-of-Stake (LPoS) consensus mechanism that not only solves the problem of high energy consumption that afflicts Bitcoin and its PoW algorithm but is also superior to standard PoS systems in many ways.

What is PoS?

The PoS mechanism was first detailed in a paper by the researcher Sunny King back in 2012, when the energy problems of Bitcoin’s PoW first became apparent. Rather than using high-powered computer hardware to solve mathematical problems, PoS incentivizes token holders to stake their cryptocurrency to try and validate blocks using a semi-random process. With PoS, the network essentially votes on which validators will add the next block and receive rewards for doing so.

PoS has some big advantages over PoW. The first and most important is that it’s less computationally intensive, translating to lower energy costs and a cleaner environment. The second is that it’s more decentralized. PoW networks incentivize miners to invest in expensive computing hardware, because the more powerful their operation is, the more Bitcoins they can mint. Of course, that creates a big barrier to entry, leading to mining power being concentrated in just a few hands. On the other hand, PoS doesn’t incentivize validators to pool their resources, meaning there are more of them.

These days a whole bunch of variations of the PoS mechanism have emerged, but the most widespread model is the Delegated Proof-of-Stake (DPoS) that’s employed by Cardano, Lisk, Ark, Tron, Steem and EOS, to name a few examples.

Delegated Proof-of-Stake

In a DPoS architecture, anyone in the network has the Right to Vote on the production of new blocks on the blockchain, but there is a fixed number of delegates. The network users determine which of those delegates will validate the next block using a democratic voting process, where users’ votes are weighted according to the number of tokens staked in crypto wallets. This process of voting for delegates is ongoing, and the network has the power to replace an ineffective or inactive delegate with a new validator if required.

This forces delegates to behave themselves because if they don’t have the backing of network stakeholders they won’t be chosen and won’t earn any rewards. The approved delegates on a network will split the production rights for new blocks among themselves evenly. Stakeholders receive a portion of the delegate’s block production earnings, in return for backing them, in proportion to the amount of tokens they staked.

Proponents of DPoS say this stake-weighted voting process ensures the network remains democratic. In addition, there’s a fairly low threshold to participate in the staking process. Another advantage of DPoS is that it can quickly achieve a consensus, meaning blocks are processed faster and more transactions can be performed per second. Even so, no system is perfect and DPoS has a number of design flaws.

One of the biggest concerns with DPoS is that it’s easy to organize an attack against the network. Because the number of delegates is limited, there is an inherent risk of the network falling victim to a 51% attack, which could occur if delegates team up to form cartels. That not only makes the network less decentralized but also less secure. Another key problem is referred to as “the rich get richer”, and has to do with the fact that voters’ strength is related to how many tokens they hold. The danger is that those who own lots of tokens – so-called “whales” – will have too great an influence over the network.

DPoS can also be at risk of user apathy. Unless a large number of users stay engaged with the network, the system will not work as it was intended.

Liquid Proof of Stake

Recognizing the issues with DPoS, Tezos set about perfecting the system and came up with a newer model, LPoS. The biggest difference between LPoS and DPoS is that delegation is entirely optional for network users. Every token holder can delegate voting rights to validators, who are known as “bakers”, with no token lock-up period. In addition, token holders get to maintain custody of their $XTZ tokens when voting for a baker, providing another incentive for them to do so.

A second big difference with Tezos’ LPoS is that it has a dynamic number of validator nodes, as opposed to the fixed number in DPoS systems. In fact, Tezos can support up to 80,000 validators compared to the 20 to 40 that most other DPoS networks allow.

What this means is that LPoS gives users a lot of flexibility with regard to how they participate in the network. Individuals who hold a large number of tokens can easily become block validators by staking their own tokens with no need for anyone’s approval. Meanwhile, those with a smaller amount of $XTZ can still take part by supporting a larger token holder, or by forming coalitions with others in their position.

Why Tezos Is Winning

Proponents of Tezos argue that its LPoS system creates a more representative democracy, as it’s possible for users to change their vote and support a different validator at any time. In other words, everyone in the Tezos community gets to have their say in how the network operates. If, for example, someone has made a proposal to change the network in some way, each user in favor can choose to back a baker that supports the upgrade, while those not in favor can choose to support a baker that’s voting against the change. In contrast, a voter in a DPoS network would be required to lock up their funds for a minimum of 72 hours.

Tezos has a lower barrier of entry for users too. Because LPoS doesn’t require massive amounts of computer hardware, users can create a new node without any significant investment. To set up a node on Tron, the hardware costs have been estimated at around $40,000. A second option would be to shell out around $4,800 per month to rent the necessary hardware on Amazon Web Services. For Tezos though, all that’s required is a modern laptop and whatever the electricity costs of running that machine are. Because anyone can join in, Tezos has a far more decentralized network than its competitors.

One final benefit of Tezos is its low fees, as opposed to having no fees. While the idea of not paying any fees sounds nice, it’s bad for security. A famous example of this was EOS, which in 2019 fell victim to a distributed denial-of service attack, wherein multiple users were duped into making useless transactions. The attackers did this to sabotage the network, increasing congestion and causing the price of CPU time on the network to increase by more than 100,000% over the four-hour period the attack lasted.

Tezos implements a low fee structure that’s designed to avoid these kinds of incidents. Typical transaction costs on Tezos are around $0.0004 – low enough not to bother users, but also expensive enough to make launching DDoS attacks uneconomical.

Judging by Tezos’ rising adoption over the last couple of years, it’s clear that its unique network architecture has struck a chord with the crypto community. Tezos has gotten the blend just right, fusing a democratic governance model with strong security, easy accessibility and low fees, making it the ideal blockchain for a growing number of decentralized apps that value the same characteristics.

 

Do you know what Warren Buffet teaches his children to be rich for generations? “If you don’t find a way to make money while you sleep, you will work until you die.”

We named it “passive income”. Whereas active income comes from your day job, passive income is the cash you receive while you’re doing something else. Eating dinner? You’re making money. Breathing? You’re still making money.  Asleep? You guessed it; you’re making money.

How is that possible? One of the most sustainable and highest-yielding cryptocurrencies to have in your portfolio is Libero Financial ($LIBERO). In fact, if you start out with LIBERO, you can make hundreds in passive income each and every day.

In 1 day, Mr. Fox,  a typical LIBERO investor, earned $617.73 in BUSD and $2461.38 in $LIBERO, totaling $3079.11 USD. Source: https://twitter.com/LiberoFinancial/status/1502755276063064064

Mr. John had his funds grow from 20K to 358K in 20 days, just by holding $LIBERO in his wallet. Source: https://twitter.com/JohnUata/status/1495135493763526656?s=20&t=caWYWdUQVB1XZp2X9dgIcA

LIBERO – Highest Paying Dual Rewards Auto Staking Protocol, which pays you highest stable coin passive income: 226% BUSD APR  from millions of USD daily trading volume, plus 158,893.59% fixed APY in $LIBERO.

Growing very fast in user base, this is the world’s most trusted financial freedom project. Libero is the first and only fixed APY project that passed the Certik Audit – World’s number 1 blockchain security firm, and the crypto industry’s security Gold Standard.

But the key element that makes LIBERO the best and most desirable passive income project is that they pay you the highest annual interest with a stable coin (whose value is tied to the real-word U.S. dollar): 266% APR in real money BUSD, sent directly to your wallet every 30 minutes. You don’t even care about LIBERO price, because your BUSD reward comes from trading volume, which safeguards your investment from any market conditions, be it bearish or bullish.

That’s not all. LIBERO rewards you with the highest fixed interest rate of 2.04% per day, auto compounded every 30 minutes, your actual annual percentage yield (APY) at LIBERO is 158,893.59%. In other words, simply hold $LIBERO in your crypto wallet, then relax and watch your 1,000 USD grow to 1,588,935.90 USD in a year. In the first month after launch, LIBERO has already paid +19.2 million USD rewards to their holders.

The highest dual rewards paid obviously explained why 80,000 holders trusted in LIBERO and in only 20 days they staked around 19 Million USD in LIBERO BANK for an average of 3.5 years to receive the market’s highest BUSD passive income, while still growing their $LIBERO balance with auto rewards.

The unstoppable growth has attracted worldwide interest, making LIBERO TOP 1 trending on Coinmarketcap, the largest coin tracker website in the world, and also Top 1 trending on Dextools in the last 7 days, the ultimate hub and DeFi app for trading.

LIBERO Future Outlook

LIBERO solves core problems that all depositors face: low-risk-low-yield returns or high-risk-high-yield returns. In most cases, a 0.05% annualized rate is what you get on your savings account. With LIBERO, real cash BUSD reward covers the low-risk need and 158,893.59% fixed APY covers the industry highest yield return, not counting further increase in price, which has reached 10 times presale price.

Furthermore, LIBERO is running global aggressive marketing campaigns like Billboard at the center of New York Times Square, right where Doge had their banner advertised, 120+ Big Youtube Influencers, AMA with large investor groups, launching $LIBERO anonymous virtual crypto card which allows you to trade any goods/services in real life, and many more coming.

 

 

In the latest AMA session, Libero’s lead dev introduced wLIBERO, a breakthrough innovation that can bring LIBERO on any CEX like Gate.io, Binance…. where millions of new holders can get their hand on the token, and still keeping the sweet 158k% APY. Such continuous innovations and aggressive marketing are set to bring LIBERO to billions of market cap, so the current 100 Million USD market cap has huge potential to explode.

Very few modern industries can claim a year-on-year growth rate of over 30%, especially with the global impacts of the pandemic, which stalled progress within many fields. However, one industry that’s seen incredible growth over the past 20 years and continues to do so is gaming – which currently has a total value of nearly 200 billion USD.

But, when you take a step back and realize that there are 3.2 billion gamers worldwide, 2.2 billion of which actively play through their mobile devices, it’s no surprise that this industry has such high revenues. The gaming industry is an impressive facet of technology, representing an intersection between world-class tech, consumer advertising, and a level of community engagement that is rarely seen in other industries.

But where exactly does the interest in the gaming industry come from? How has it grown, and why is it so successful? In this article, we’ll be delving into the history of the gaming industry, outlining past progress points and pointing towards current and future developments that keep this innovative industry afloat.

Let’s get right into it!

Background to the gaming industry

The original gaming experiences date back to the 60s, when the development of arcade-style games started to become popular. In those days, gaming was not particularly mainstream, with users having to physically travel to an arcade in order to play.

As the 70s arrived and personal computers were released, gaming became slightly more popular as people could access online games from the comfort of their own homes. From that point, gaming has meandered with the times, taking on the latest technologies and developing alongside them.

From increasingly complicated software, better graphics, and advanced online gaming systems, the gaming industry has now developed into something that has touched the majority of the planet. Gaming has evolved far beyond just one system, now being a form of entertainment that can be accessed from absolutely anywhere.

While major consoles like Playstation, Xbox, and Nintendo Switch still dominate, forms of gaming on mobile have also become very popular. In fact, gaming actually accounts for 43% of smartphone use, demonstrating the extent to which gaming has permeated into this medium.

What’s more ignited than this

Organizing esports tournament anywhere in the world for any mobile skill-based game in #ignitetournaments

Create a #play2earn tournament using our app and #igniteyourgames pic.twitter.com/lRSQMLlU9r

— Ignite Tournaments (@igniteyourgames) March 21, 2022

 

If anything has caused a rapid expansion to the gaming industry, it’s the arrival of the internet and the integration of these multiplayer services. Some of the biggest games of every single year revolve around online experience, with over 3 billion people around the globe logging on to battle against others.

To accommodate for this, platforms like Microsoft’s Xbox Live Marketplace have allowed users to completely turn their gaming experiences online. For example, while a user used to have to go out to buy a new game, they can now directly buy it on one of these online marketplaces and then download it to their device.

Gaming has become incredibly accessible, with users from around the globe on a variety of devices turning towards this entertainment medium.

A career in gaming?

While gaming is often viewed as a way of entertaining oneself, modern adaptations and natural competitiveness have also given way to eSports tournaments. In-game tournaments where the best of the best face off against each other has become a billion-dollar market, reaching that impressive figure in 2021.

This market is only predicted to continue to expand, with reports expecting the market to reach 1.62 billion dollars by 2024. People come together from all over the world to face off within their favorite games. Alongside hefty pools of prize money, some of which can total several $100,000 at once, there is also lots of capital generated from advertising and sponsorships.

Just like sporting events, this industry has also generated enough buzz that people now follow tune-in to watch these tournaments. In 2021, 427 million people watched an eSports event, whether that be a single match or going to a tournament in person to see their favorites. Much like the industry’s total value, the number of viewers each year is equally growing, with games like Dota, League of Legends, Call of Duty, and Fortnite always bringing in huge audiences.

Watching others play has become so popular that entire platforms are now devoted to this, with applications like Twitch allowing users to tune into gamers streaming their gameplay. Twitch has had an incredible few years, moving from being valued at 0.1 billion USD in 2016 to 1.5 billion USD in 2019.

As gaming continues to develop, eSports has made this into a further level of entertainment, with gaming now bleeding into viewing. Just like physical sports, eSports has become a center for community, avid discussion, and world-class entertainment.

Play2Earn

While gaming has continually been updating and changing over time, one of the most significant recent developments has been its combination with blockchain technologies. A genre of gaming has risen out of this, known as Play2Earn gaming, in which users can play their favorite games and earn money while doing so.

Unlike tournament gamers, you don’t have to be the best of the best to earn money through these systems. Instead, simply by completing objectives, quests, finishing games, or unlocking achievements, you’ll be able to generate in-game currency. The connection with the blockchain in the form of in-game cryptocurrency integrations ensures that players can then cash out this in-game money for their own local currency.

This even expands into in-game NFT items that have been integrated into certain games. These NFTs (non-fungible tokens) come in the form of different characters, skill sets, moves, powerups, or weapons that players can use when playing. By obtaining these NFTs in-game, they’re able to use them to get an advantage over their competition. But, alongside this, they are able to sell, trade, loan, or buy these NFTs within the games in order to generate an income.

The link between blockchain and gaming has now progressed even further with the arrival of Play2Earn tournaments. Ignite Tournaments is one of these said eSports tournament providers, allowing games from around the world to access their tournament ecosystem and gain cryptocurrency and NFTs.

Commenting on the rise of P2E tournaments, CEO of Ignite Tournaments, Krystal Yang comments that:

“Historically, the value stream in gaming has always been unidirectional, with gamers creating value that rewarded only the game publisher, who largely extracted value from users without providing any real rewards. P2E is an incredibly disruptive force that will revolutionize gaming as we know it. Now, gamers can be rewarded for ecosystem participation. Value is no longer simply extracted by the publisher. Rather, it is created and shared.”

— Krystal Yang, CEO/Co-Founder

With this most recent connection between the blockchain and gaming industries, we’ve seen just how far gaming can push the limits. With the ability to gain money for playing becoming even more common, this will serve as a motive for even more gamers that turn to this exciting entertainment medium.

Gaming Is For All

Perhaps one of the most impactful reasons for gaming’s success as an industry is due to the sheer scope it provides. Gaming is much more than just one genre of game or one style of playing; it encompasses almost anything you can think of. One only needs to look down the list of the most played games of 2021 to see an incredible variety of genres.

From first-person shooters and building games to story-driven experiences and online multiplayer, there is a demonstrative range of different styles that rise to the top. Going beyond this, every single year, 1000s of indie games are released that bring new art styles, new ideas, and new formats to the gaming industry.

Quite literally, no matter who you are, you’ll be able to find a gaming experience that you currently like. While one person may be attracted to fast spaced shoot-em-up games, another could want to play a story-driven game on their iPhone. The fact is, neither one of these is the right way to game, both counting as an authentic gaming experience.

Whoever you are, you’ll be able to find a game that accommodates what you’re looking for – be it wonder, magic, escapism, or something new. Even taking very generalized depictions of society and splitting it by gender, 45% of gamers identify as women in the USA and 55% as men. The close split between these numbers further demonstrates that gaming – and the appeal of gaming – isn’t tied to any inherent attributes.

This can equally be seen geographically, with gamers being found in every corner of the world, from Asia and Europe to Latin America and Sub-Saharan Africa.

No matter what you’re looking for, the gaming industry and its incredible scope will have something that can accommodate you.

Final Thoughts

Long gone are the days when gaming was a small industry built upon developers working in their garages. Nowadays, this billion-dollar industry has expanded into an exciting behemoth. With new styles of gaming and unlimited possibilities, this industry has grown into something incredibly interesting to follow.

Gaming has grown so rapidly that it has now become a stable career path for those that excel, with online tournaments and accessible gaming ensuring that people can make money from the comfort of their own homes.

With the international scope, diverse audience, and regular developments, gaming is far more than just a pastime – it has become a worldwide sensation.

 

It is no secret that the world we live in is not very accepting of all body types. The body positivity movement has been one of the most popular in the last decade because of our increased awareness of this phenomenon.

The last decade has also seen a lot of technological advances, specifically the increased use of decentralized technologies like blockchain. Now, the metaverse is the hot tech buzzword as we’re all looking to interact in a virtual world. But with a lack of body positivity running rampant in the physical world, will it not spill into the virtual one as well?

This is exactly what BopoVerse, a metaverse community dedicated to body positivity, is working to solve.

Bringing Positivity to the Metaverse

One of the cornerstones of the metaverse is the virtual avatars that we are supposedly going to interact with, usually in the form of collectible NFTs. One thing you might have noticed is that these NFTs are usually of a specific body type.

This is the first way that body exclusion finds its way into the metaverse and this is the first way that BopoVerse is fighting back. All of its over 10,000 NFTs (made by artist David Nieto) feature curvy beautiful women with different features.

The diverse body types that are being showcased by BopoVerse are inspired by a community called Plus PPL. This is a community of body-positive women who come together digitally to inspire one another. Previously, Plus PPL has launched a social app and as a global brand has reached up to 100 million women so far. By tapping into this community, BopoVerse can bring the message of body positivity to even more people.

As these NFTs interact in the metaverse, users can enjoy diversity and inclusion. There won’t be any atmosphere of any body type being excluded or shamed as BopoVerse emphasizes healthy interactions between all its users.

NFT holders will be able to use their digital assets in a commercial way that will be best for both them and the community.

Considering the fact that BopoVerse has announced a slew of projects including a comics series and an online series that will feature NFT characters, there are several avenues for the NFTs to be used.

The goal of these projects, ultimately, is to not only act as commercial ventures but also to empower its users worldwide.

Some of the proceeds from the ecosystem will also be given to charity and users can vote on which charities receive the money. For those who just want to have fun, BopoVerse will have a gaming arena where users can interact as their avatars to play games or just meet with other BopoVerse users.

To get one of the NFTs, BopoVerse is launching its first minting phase in March 31, 2022. There are different NFTs in terms of rarity and the chances of getting one of the rarer ones depend on several factors.

In the second quarter of 2022, BopoVerse will be launching its Discord channel, continuing development on BopoVerse CLUB and Arena, Reveal BopoVerse NFTs and much more. Those interested can sign up to the BopoVerse whitelist by visiting their website and getting more information from their official Instagram and Twitter handles.

A Body Positive Metaverse

As it is in the material world, body position is something that needs to be consciously worked towards. BopoVerse is doing just this by creating a space where users can enjoy all the benefits of the metaverse without any of the body exclusion that finds its way into the virtual world at times.

As the metaverse becomes a bigger part of our lives, body positivity must not be left behind.

As Idan D. the CEO explains, “We want to make an impact in the world. With the metaverse and web 3.0 we can do it. The NFT can help us create a new tribe with a successful brand and start impacting the world and empower people.”

Hopefully, as more projects are created and are made aware of the importance of body positivity, we can strive for a world that is more inclusive of bodies than before.

In 2021, over $40 billion of NFTs changed hands, marking a 20X increase from 2022, thrusting NFTs into the limelight, demonstrating the use cases of yet another blockchain innovation. NFTs bear similarities with cryptocurrencies in that both deploys from a public chain and their transactions are open and, thus, can be traced.

However, beyond transparency and launching from public chains, NFTs are unique, limited in supply, and in recent times being used as a store-of-value in stormy crypto market conditions. Because they are unique and valuable, projects can use NFTs to raise funds for charities and advance other causes people hold close to their hearts.

The Mosque NFTs on Ethereum

The Mosque NFTs project is a special charity project on the Ethereum blockchain planning to mint 12,000 unique hand-drawn NFTs on some of the world’s most famous mosques. The launching on Ethereum is tactical considering the network’s popularity and compatibility with MetaMask, a free non-custodial wallet for users to store their prized acquisitions.

The creators of the NFT projects are tapping on the increasing interest in NFTs and the advantages offered by the underlying technologies. Like cryptocurrencies which cut out intermediaries allowing for the free flow of value, helping promote financial inclusion, and improving people’s living standards, NFTs have broad applications. They have emerged as effective media for raising awareness and spreading messages about topics for users globally. By simply supporting a charity project using NFTs as a vehicle to raise funds while also receiving rare and valuable digital assets, it becomes incredibly easy for people to support causes they hold close to their hearts.

NFT and Blockchain Technologies are Shariah Compliant

The Mosque NFTs project plans to distribute 12,000 unique NFTs of the world’s famous mosques to interested users on Ethereum. Proceeds will be used for charity and building a mosque.

Meanwhile, the project creators will use the opportunity to highlight the various injustices people face because of their religion. This way, they would destroy divisive stereotypes and relieve victims’ suffering. Crucially, the project demonstrates that emerging technologies like NFTs and cryptocurrencies can be leveraged to support people in need.

Already, blockchain, cryptocurrencies, and NFTs are mostly accepted as Shariah-compliant, mainly if they are applied to directly improve lives and alleviate pain or suffering, like when used in charities. Over 1.8 billion Islamic followers are free to participate in the mint, owning any of the 12,000 unique NFTs, supporting a worthy cause in the process.

Supporting Worthy Causes

Users who want to advance The Mosque NFTs objectives can participate in the upcoming auction on March 29, 2022. The project will mint the first unique and special NFTs, availing them for auction from a floor price of 1 ETH. Pricing was based on the community’s feedback and considers what lies ahead—helping people and building mosques.

Fifty percent of NFT sales will be funneled to more than ten charity funds, including Helping the Burmese Delta, the Mohammed bin Rashid Al Maktoum Knowledge Foundation, the One Ummah, and Mila 4 Africa. At the same time, users would be free to choose a foundation or charity that they want to make donations to, perfectly aligning with the overarching objective of The Mosque NFTs creators.

Rewarding The Mosque NFTs Community

NFTs will be minted in six phases. At each stage, a user—or participants—who mint the most NFTs stands to win a branded watch from the project’s partner, “Jacob & Co”– a jewelry and watch brand founded in 1986 by Jacob Arabo–a diamond designer. At the same time, a user who mints the Kaaba Mosque—the main sanctuary of Islam—will receive a $500k offer from the team after the NFT auction concludes.

 

Although education should be the right of every child, it is a reality that many children have not received the appropriate level of education that they rightfully deserve. Despite significant growth in enrollment over the past 20 years, 126 million children worldwide are still dropping out of school. When trying to bring truly equitable and quality education to children, we still face a great many challenges. CoinEx Charity plans to raise public awareness of equity in education through a series of donation programs, covering books, educational materials, and tuition fees, as well as influential, strategic charitable events.

In many poor areas, a lot of children do not have access to education. Some of them do not own books or school uniforms. Without help, they lag behind or even drop out of school. Moreover, some schools are not sufficiently staffed to provide proper education for local children. Aiming to evolve into a player in education charities with global influence, CoinEx Charity provides educational support for children living in impoverished regions. It strives to grant each child access to quality, equitable education, breaking the cycle of poverty and creating opportunities for local children.

In terms of charitable education, CoinEx Charity focuses on three goals:

1. Focus on disadvantaged children & Host influential charitable events

In regions threatened by war, diseases, and poverty, millions of children face threats to their lives and education. CoinEx Charity will focus on disadvantaged children around the world and provide them with education, daily supplies, and cash support by hosting charitable events while raising public awareness of disadvantaged children.

2. Create a network of charity collaboration & Build sustainable charity partnerships

To expand children’s access to education worldwide, CoinEx Charity will build and maintain global partnerships with influential charitable organizations that share its vision, making joint efforts to facilitate charitable education. CoinEx Charity will work with other charitable organizations in different ways, including funding and the organization & promotion of charitable programs. As it pursues long-term win-win cooperation, CoinEx Charity will build innovative, meaningful partnerships to carry out charitable events on a global scale.

CoinEx Charity believes that sincere partnerships can have a lasting impact. Through such collaborations, we have a shot at building an equal learning environment for kids around the world and giving them the opportunity to live a better life.

3. Raise the public awareness of charitable education

Aiming to raise the public awareness of charitable education, CoinEx Charity will expand the children’s access to quality education by diverting more educational resources to poor populations and promote the global reform of education, eventually achieving universal access to quality education among children and helping them live better lives.

Make joint efforts for equitable education

Educational equity is a long-term goal that must be achieved from a social perspective. CoinEx Charity and charitable organizations around the world will remain dedicated to the cause, building an enabling environment where children and teenagers have access to improved living and education conditions. Education knows no borders or classes. CoinEx Charity hopes to create a world unburdened with “educational poverty” through the power of charity, a world where kids could unleash their fullest potential in an equal, enabling educational environment and contribute to our shared prosperity.

Stephen Vineburg, an artist from the UK, launched his NFT artwork CELED as both a unique NFT and digital phone-based AR filter, that brought 3D life to a still image. CELED is an amalgam of elements of ‘Liberty Leading the People’ by Eugene Delacroix from 1830 and ‘The Wreck of the Medusa’ by Theodore Gericault from 1818. The main idea of the art piece is an observation on extant affairs, where despite all the chaos and distress that is being experienced by society, our leaders are perhaps more focused on their own vanity than providing leadership.

About Stephen Vineburg

Stephen Vineburg has developed a conceptual art practice with a focus on using AR to explore contemporary issues. In 2021 Stephen was the artistic partner for “Suspension”, a digital art project which addressed the digital paradox of the duality of isolation and connection. It was launched in partnership with the European Cultural Academy as a collateral event to the Venice Biennale. Stephen is an art historian with a multifaceted personality and has interests in art, film, music, and business. In 2018, Stephen was an Executive Producer of the award-winning, independent film, ‘Emu Runner’ which had its world premiere at the Toronto Film Festival. Stephen believes that the NFT market will soon move away from pieces that simply showcase the digital technology, to using the art form to make provocative artistic statements, and that CELED is a first mover in that direction.

What makes CELED unique

CELED is a result of Stephen’s interest in the exploration and re-interpretation of classic artistic images as a way of addressing contemporary issues. Stephen says the project is predominantly about a few things: developing a conceptual art practice with a focus on using AR to explore contemporary issues and experimenting with movement between the physical and digital worlds. A unique feature of the piece is that it uses the full range of the animation provided by the NFT and AR technology to make an engaging art piece, that is also making an artistic statement.

In many cases, the NFT art space is either populated by cartoon characters or is merely showcasing the digital animation technology, but in both cases ultimately bereft of artistic statement or meaning.

The NFT is an amalgam of elements of ‘Liberty Leading the People’ by Eugene Delacroix from 1830 and ‘The Wreck of the Medusa’ by Theodore Gericault from 1818. Hence the figure of ‘Liberty Leading the People’ with the French Tricolor has been replaced by ‘Celebrity’ and the Tricolor replaced by a selfie.

CELED is a result of the evolution of Stephen’s art path starting from physical pieces all the way up to NFTs, which represents constant growth and transformation. Explore his artwork on Foundation.

 

You may have heard that it is possible to mine cryptocurrencies. Mining is a process of offering resources to a cryptocurrency network in exchange for a reward. Each network requires different types of resources and can offer different rewards based on network rules. For example, Bitcoin and Ethereum networks use computational resources from miners. This effort requires very powerful energy intensive graphic processors (GPU) to compete for recurring rewards. Other mining projects such as PKT Cash can be mined using bandwidth and a computer processor (CPU), such as a computer, server or mobile phone. While mining requires some technological understanding, it is not as complex as it may seem. Here are the steps to mine cryptocurrency so even as a beginner, you can quickly get started and begin earning.

Invest in a Cryptocurrency Mining Setup

In order to competitively mine cryptocurrency, you will need a powerful computer. Different cryptocurrencies require different equipment to be successful. In general, the more powerful the equipment, the higher the yields. Therefore, the first step is to invest into the best valued equipment for competitive mining.

Bitcoin and Ethereum require powerful GPU equipment to be profitable. There are a lot of resources available to determine the best equipment for mining Bitcoin and Ethereum, such as hardware providers like Bitmain and Canaan.

If you are operating powerful GPU or CPU mining equipment, it is important to invest in heat and noise control equipment. Powerful mining machines generate a lot of heat. Proper ventilation and efficient fans are crucial for keeping the hardware cooled and avoiding overheating or wasted energy costs. Soundproofing equipment can also help reduce fan noise.

When mining bandwidth, purchasing a PKT Cube is an easy option instead of building and managing computer hardware. This plug-and-play device makes it easy to monetize your unused internet bandwidth and earn PKT every 60 seconds. The PKT Cube is whisper quiet and comes with turnkey, pre-installed software called PkteerOS that simplifies the process.

Installing Your Mining Software

The next step is installing an operating system and crypto mining software. The specific software required depends on the particular cryptocurrency you want to mine. For example, when mining Bitcoin or Ethereum, there are several free and paid options available, including CGMiner, BFGMiner, MultiMiner and Awesome Miner. Additionally, apps like BetterHash and CudoMiner can make the process even easier.

When mining PKT, the PacketCrypt mining software is free. Simply follow the instructions on the PKT website to install the software on your CPU device.

An alternative option to earn cryptocurrency is to sell idle resources by cloud mining. With cloud mining, miners borrow mining equipment from platforms that offer the service, such as Genesis Mining. Therefore, the miners do not have to buy expensive mining equipment or worry about maintenance and software installation.

Installing a Cryptocurrency Wallet

Miners need a cryptocurrency wallet to receive mining rewards. A wallet can either be a physical device, such as a hardware wallet, or a software installed wallet. When choosing a wallet, it is important to ensure the wallet is compatible with the cryptocurrency you are mining. Some wallets are specifically designed to store certain cryptocurrencies and may not be compatible with other coins.

When installing a wallet, it is crucial to save your private key. A private key is a secret passphrase that unlocks your wallet. Anyone who gets access to your private key will have access to your cryptocurrency, so it is important to keep this in a safe place that will also be accessible when you need it, such as in a safe or other private location.

PKT requires a specific wallet for mining bandwidth. The PKT wallet can be found here; however, the PKT Electrum wallet cannot be used for mining.

How to Choose a Mining Pool and Start Mining

Most cryptocurrencies can either be mined solo or in a mining pool. For beginners, choosing a mining pool is recommended. A good mining pool should have a strong track record and reputation. If you are mining Bitcoin or Ethereum, joining a good pool will give you a competitive advantage and is crucial if you want consistent payouts.

If you are mining PKT, it is important to choose your mining pool configuration based on your upload bandwidth speed. If you have a lot of bandwidth, you can choose to multi-pool mine by connecting to numerous pools. You can test different PKT mining pool configurations here.

Although not recommended for beginners, one can also opt for solo mining. Solo mining is done independently so you do not have to share any profits with other miners. Solo mining is possible with Bitcoin, Ethereum and PKT; however, this type of configuration requires significant technological experience and is a much larger financial investment.

Keep Track of How Much You Mine

Bitcoin and Ethereum miners need to keep track of their yields to know whether their pool is profitable and their strategy is working. Mining pools use different interfaces, so there isn’t one universal way of keeping track of what you mine. However, with most Bitcoin and Ethereum mining pools you only need to go to the website’s home page and enter your public wallet address to get all the information you need. Similarly, with PKT, you can enter your wallet address into the PKT World explorer to view your daily earnings.

Some pools have mechanisms in place to send what you mine to your wallet address once it reaches a specific balance (for example, 0.01 ETH). For PKT, you will get paid every 60 seconds regardless of what you earn in that time period.

Additionally, some mining pools and crypto mining websites have calculators that can be used to get rough estimates on long-term profitability. Here is an example of a Bitcoin profitability calculator:

Is Crypto Mining Worth It?

Mining cryptocurrency has two distinct purposes: supporting the network and generating income. In order to mine, there is often upfront and ongoing overhead cost that the miner must incur, including energy, software and hardware costs. Also, the rewards earned by the miner may not always be worth more than the overhead in a given period. This may mean that you are mining at a short-term loss.

There is also the possibility that the cost to mine is less than the current market value of the cryptocurrency. This means that you are mining at a profit because the digital asset was accumulated at a discount to its current trading price. This discount-to-market-value ratio may also be calculated in the future, so what was a loss at one time, can reach profit in the future. For example, a Bitcoin miner in 2010 may not have been profitable because of the low value of the coin. But in 2022, those same coins are worth far in excess of the original mining costs. As a result, the Bitcoin miner that was mining at a loss in 2010, most likely has generated substantial profits as of 2022.

Since it is impossible to determine the future value of a cryptocurrency, it is recommended that miners also consider the value of supporting the networks they mine. If a miner believes in the value of supporting the network today, then the short-term profitability is of less importance. However, you must also avoid investing too much into crypto-mining before understanding the risks associated with mining. It is recommended to research the volatility of cryptocurrency markets and have a clear understanding of your pathway to potential profitability.

What will hopefully be the first of many Metaverse Fashion Weeks will begin on March 24th, hosted on the popular meta gaming platform Decentraland. This is an exciting new opportunity for the fashion and tech world to witness and be a part of something never done or even seen before. It is apparent that Metaverse Fashion Week should not at all be a mere replication of real life fashion shows, but rather something entirely different. What is intriguing about this event is the possibility that the fashion industry enthusiasts who would normally attend runway shows looking their best, will now shift that creative effort into making their digital avatars look appealing instead. However, that doesn’t mean Metaverse Fashion Week is all about enjoying haute digital couture from the comfort of our homes, still wearing pyjamas while donning a VR headset (although, you could do that if you wanted). Outfits showcased at this innovative digital event may be available in the real world, too – and so Metaverse Fashion Week could become the catalyst for upping your style game in both the physical and digital worlds.

Curating An Amazing Digital Atmosphere

Fashion shows from dozens of brands from around the world will be presenting their finest digital offerings, and thousands will be able to experience it. Although the fun won’t stop at just shows – visitors will also be able to attend live music sessions at branded after parties and buy and wear digital clothing in Decentraland, directly from the catwalk. The four-day virtual event will also have an engaging array of showrooms, stores, and talks. MVFW is open to all, but purchases will be made via an Ethereum wallet. Certain brands may offer VIP access or front-row seats for holders of specific NFTs. But above all, it’s the atmosphere that will make MVFW what it will become. Luxury NFT marketplace UNXD who helped build Dolce & Gabbana’s NFT collection will contribute to the curation of the event’s programming.

Opening New Doors for Fashion Brands

More and more brands have been expressing interest in Metaverse Fashion Week since its announcement in December, and it’s not hard to see why. Having a spot within the very first MVFW will open new doors for fashion brands who are part of this historical moment in fashion tech. Many of the brands showcasing at MVFW could come out of it viewed as pioneers in the space. It also offers brands a safety net for trying out the tech behind a 3D virtual world platform for themselves on an open platform, before going all-in. Decentraland and the Sandbox are achieving notoriety as open metaverse platforms, providing plots of virtual land to investors who plan on building businesses within these worlds.

Wear NFT Based Digital Clothing In The Real World

Digital fashion brand Republique has recently deployed a team of designers who are helping a range of clothing brands digitize their items, a service that is now in high demand. Republique themselves will be selling NFT skins at MVFW, alongside other big brands. Hugo (part of Hugo Boss’ recent rebrand) recently signed with MVFW partner Boson Protocol. This will allow consumers to buy physical Hugo products inside of the metaverse, including at Metaverse Fashion Week. Another brand who are showcasing metaverse clothing that can also be bought physically is Faith Tribe, the decentralized NFT project of Parisian luxury Fashion Brand, Faith Connexion. Theirs is an open-source fashion design platform for the collaborative, decentralized production of fashion items. Through Faith Tribe, new and independent creatives can create designs that can be sold as the designer’s drop collection. These designs can then be minted as digital-only NFTs, or they can also have the physical version of their clothing item produced from quality materials. Faith Tribe wearable NFTs can therefore be showcased as a part of Metaverse Fashion Week, as well as in the real world – so if you wanted, you could wear the Faith Tribe jacket you brought at Metaverse Fashion Week to a party in the real world, and represent your style regardless of whichever world you’re spending time in.

Many eyes are watching with interest at the phenomenon of blockchain intertwining itself with fashion to see where it’s headed next. Metaverse Fashion Week intends to establish itself as an official and recurring meta-fashion event creating extraordinary experiences. With the innovation of so many interesting brands contributing towards the first-ever Metaverse Fashion Week, it looks like it’s on the right trajectory to fulfilling that legacy.

 

B2BinPay is the industry leader in cryptocurrency payments. As a consequence of its exceptional customer service, greatest security, and ongoing assistance for all of its clients, the business has gathered a vast number of satisfied consumers over the years. Because of the increasing popularity of cryptocurrency payments, having a complete payment solution has become vital, which is why we are continually upgrading and extending our services.

B2BinPay Upgrades

Keeping features up to current is essential for providing customers with the greatest possible experience. B2BinPay makes it a priority to maintain this standard. In the most recent upgrade, we have placed a strong emphasis on providing our clients with the highest possible degree of comfort and security. In order to make high-speed transactions go more smoothly and quickly, a number of new enhancements and enhanced functionality have been included.

HelpDesk

B2BinPay hopes that the new HelpDesk feature will improve the user experience simpler, more accessible, and more pleasant for all users of the service. When a technical problem arises with the B2BinPay program, the HelpDesk will give support to resolve it via the software.

Support Emails

Merchant accounts will be able to attach emails to invoices via the use of a sophisticated email support system. Customers will benefit from this since they will be able to address any difficulties they have with a product or service more quickly.

ChainAnalysis

ChainAnalysis, a new transaction-friendly blockchain intelligence tool, is now available from B2BinPay. All Merchant accounts will have access to a user-friendly interface, real-time API, and continual monitoring of all bitcoin transactions.

New Functions

• We added a new field name to the logs for each page.
• Merchant users may now utilize the new currency filter on the Wallet page to filter their wallet listings by currency.
• Users of the Merchant account may now repay the payer by clicking on the refund button on the Invoice details page.
• Merchant user accounts have been updated with new customer support email addresses to which payer queries will be forwarded. When you click the Create New Bank Withdrawal button, you will be taken to a new window.
• A new AML service provider.

Enhancements Features

• Improvements have been made to the AML system’s logic, and new features are being contemplated. Long waits of up to an hour will be eliminated as a result of this.
• If the service provider is late, a little delay is now imposed for repeated tests. If an organization fails to execute the last check on their side, an email message is issued to compliance; as a result, no more checks are attempted.
• When Merchants withdraw money from a bank, a precise computation will be used to calculate the percentage of the withdrawal amount plus a set amount in the withdrawal currency (not less than the minimum commission amount). B2BinPay Back Office allows you to set up commission percentages, preset sums, and minimum commissions. In addition, the contract amount is now shown in the amount box on the withdrawal creation form.
• Merchants will also benefit from an enhanced payment page that is now more user-friendly.
• Token icons have been changed, as has the search area, and all currencies now have tags. Coins, Stablecoins, and other cryptocurrency types have been allocated.

Fixed Bugs

• The inability to change the language in the calendar widget
• Improper amount filtering on the create exchange page
• On the create exchange page, the commission currency incorrect displaying

Conclusion

B2BinPay has consistently progressed and delivered the greatest upgrades to its consumers since its beginning. Customers can rely on it for best-in-class support, maximum security, and a wide range of features. This is why B2BinPay is the most effective online payment software solution on the market.

If you had bought bitcoin ten years ago, today you could’ve expected an astronomical return of over a million percent.

Investments in cryptocurrencies, including bitcoin, are attracting more and more people who seem to be completely unfamiliar with this field. There is nothing surprising in this: in times of crisis, when the ground is slipping from under your feet and no assets are seen as reliable, gold and digital currencies are your best bet.

It is not for nothing that bitcoin was once dubbed “digital gold” – in many ways it really is the best way to describe the #1 digital asset. Judge for yourself: the number of BTCs is limited, it’ll always be extremely valuable, it can be sold at the best market price on thousands of sites, and it can act as a safe haven in times of crisis since its price does not directly correlate with stock market assets.

No assets can give profits the way cryptocurrencies do, which, in recent years, have shown growth by hundreds and even thousands of percent. However, where the profit is high, the risk is also high, and the choice of a good platform for trading – a cryptocurrency exchange – becomes very important from the early stages of wanting to get into this field. On the one hand, the choice of crypto exchanges today is huge, on the other hand, not every one of them is easy to understand or reliable. A modern crypto exchange has strict security requirements and a set of tools that must satisfy both the pro and the beginner.

About the Tidex Crypto Exchange: latest technology and a second wind

The dark horse of 2022, claiming to be the leader in the field of cryptocurrency trading, is Tidex, an old-timer of the market, which has undergone a number of important updates this year. Tidex has changed its technical team, and with it came new ideas and important improvements in the technical core of the platform. The convenience of user interaction with the interface has grown. It has become more intuitive, its functionalities have grown as new tools that are necessary for trading professionals have been added. For beginners, the platform also looks like an ideal place to start working with cryptocurrencies, since it has several levels of interface complexity – unnecessary features can be turned off.

The launch of the launchpad as a response to the market’s request

Today, the crypto market is desperately short on projects in which investors could invest money. Yes, it might be developing very quickly, but demand is still much higher than supply. Therefore, the launch of a platform for conducting initial offers of project tokens is a sought-after niche that Tidex seeks to fill in response to the sharp market demand. This is not surprising, since more and more investors want to participate in IEOs today seeing how over the past few years, some tokens have given their owners a fabulous profit.

The launchpad is a useful and profitable feature for all potential participants: for startups, it serves as a great opportunity to make themselves known, for investors, it can give them huge profits, and for the platform itself there are many factors such as the growth of the community and trading volumes, the expansion of token staking programs, etc. The Tidex team promises that the planned launchpad will become what the market has long been waiting for – a simple and convenient platform where as many as possible will be able to get access to early investments.

Transition to the Metaverse

Metaverse has almost become the main word in IT over the past few months. It’s impossible not to pay attention to this trend because even our good old Facebook is now known as Meta. The areas interested in creating their own metaverses go far beyond virtual services, and of course, companies associated with cryptocurrencies were among the first to pick up this trend.

The Tidex team says that by the end of this year, the exchange will have its own metaverse, where users will be able to interact with the platform and each other on a whole new level. Of course, with the general interest in the metaverses, the introduction of this tool into the Tidex product pool will cause a serious influx of new customers and an increase in the value of the native token of the exchange, which will become the main currency in the world created. The Tidex team believes that the launch of metaverses that will eventually be able to communicate with each other will be a real impetus for the mass adoption of cryptocurrencies in the world.

About the advantages of the Tidex cryptocurrency exchange:

• One of the lowest commissions on the market, which can be reduced to almost zero depending on the trading activity and the use of the native token of the exchange. The maximum commission is 0.2%. The deposit is free, withdrawal commissions are minimal in the market and vary depending on the asset.
• A huge pool of tools for professionals, a user-friendly TradingView terminal – no need to spend time learning, you can start trading right away. There are advanced charting features with the ability to visualize orders and positions, as well as price alerts.
• Tidex puts security above all: storage on the platform is 98% cold, in other terms, customer funds are not located on centralized servers but are stored offline in offline storage. Automatic DDoS protection is used, backups are updated daily, and two-factor authentication for users is required.
• On the website, you can exchange cryptocurrencies without a commission instantly. You can buy crypto for fiat directly from a bank card.
• Internal codes operate on the site: by generating a code, you can send money to another user as quickly, conveniently and safely as possible. There is no commission for sending and receiving codes.
• One of the coolest features of Tidex is its super-profitable staking. This is a way to earn money on coins that are added to a special wallet and, depending on the conditions, stay there for a specific amount of time. During this time, in exchange for providing liquidity to the site, the user receives a percentage of the coins in the vault. Now Tidex is staking the popular AAVE coin at 3.5% per day.

Web 3.0 is a hypothetical future internet version built on public blockchains, a record-keeping technology best known for facilitating cryptocurrency transactions. Web 3.0 is appealing because it is decentralized, which means that instead of customers accessing the internet through services mediated by firms like Google, Apple, or Facebook, individuals own and regulate areas of the internet themselves.

Web 3.0 does not require “permission,” which implies that central authorities do not have the authority to select who has access to what services, nor does it require “trust,” which means that virtual transactions between two or more parties do not require the use of an intermediary. Web 3.0 technically preserves user privacy better because these agencies and intermediaries are conducting the majority of the data collection.

Decentralized finance, or DeFi, is a Web 3.0 component that’s gaining traction. It comprises using the blockchain to conduct real-world financial transactions without the involvement of banks or the government. Meanwhile, many significant corporations and venture capital firms are pouring money into Web 3.0, and it’s difficult to imagine that their involvement won’t lead to concentrated authority. We will look into why DeFi will be key to Web 3.0 and what projects are making a wave.

Non Fungible tokens (NFTs), digital currencies, and other blockchain entities will also play a big role in Web 3.0. For example, Reddit is aiming to break into the Web 3.0 space by creating a mechanism that uses cryptocurrency tokens to allow users to effectively manage portions of the on-site communities in which they participate. Users would earn “community points” for posting on a specific subreddit, according to the idea. The user is then awarded points based on the number of people who upvote or downvote a given post. (It’s just Reddit Karma on the blockchain.)

Web 3.0 and Cryptocurrency

When it comes to Web 3.0, you’ll often hear the term “cryptocurrency” discussed. Because many Web 3.0 protocols rely significantly on cryptocurrency, this is the case. Instead, it gives everyone who wants to help establish, govern, contribute to, or enhance one of the projects a monetary incentive (tokens). Web 3.0 tokens are digital assets linked to the goal of establishing a decentralized Internet. These protocols could provide services like compute, bandwidth, storage, identity, hosting, and other internet services that cloud companies used to provide.

For example, the Fantom-based Hector Finance is building a financial center on the Fantom Opera Chain and beyond, with a range of use cases that the $HEC token can serve. The $HEC token can be staked for (rebase) rewards. Through buybacks and burns, the protocol tries to deliver an appealing APY while also promoting scarcity. Only $HEC may be used to create the $TOR stablecoin, which gives highly competitive farming returns.

The Hector Finance project is housed under the Fantom Opera Chain. The Hector Team intends to bring value to their users by developing a variety of use cases within the Hector Ecosystem. On the exchange, a percentage of the earnings from these use cases will be used to buy and burn Hector tokens. Hector will become multi-chain by the year 2022. In the crypto realm, stablecoins like USDT and USDC have grown in importance. They are used to store non-volatile value, allowing us to maintain our purchasing power from day to day. Regrettably, the US Dollar does not function in this way. The Federal Reserve is responsible for coining US dollars, and its fiscal policies have frequently led to the currency’s depreciation.

Over the previous three decades, internet technologies have advanced at a rapid pace. The first-generation Web 1.0 served static content and information to users via web servers in the 1990s. This was followed by an upgraded Web 2.0, sometimes known as ‘the Social Web,’ which allowed users to create content, use social media platforms, and connect with one another, but it also posed issues in terms of data control and ownership. Web 3.0, also known as the Semantic Web, is the next internet revolution that is still being created. It will be based on the confluence of developing technologies such as blockchain, artificial intelligence (AI), machine learning, and augmented reality, among others. Decentralized data, a more transparent and safe environment, machine cognitive intelligence, and three-dimensional design will all be featured.

The transition from Web 2.0 to 3.0 is taking place gradually and mostly unnoticed by the general population. Web 3.0 applications look and feel the same as 2.0 applications, but the backend is radically different. The future of Web 3.0 is universal applications that can be read and used by a variety of devices and software types, making our business and recreational activities more convenient. The advent of technologies such as distributed ledgers and blockchain storage, which will challenge Web 2.0’s centralization, monitoring, and exploitative advertising, will enable data decentralization and the establishment of a transparent and secure environment. In a decentralized web, individuals will be able to rightfully control their data when decentralized infrastructure and application platforms supplant centralized tech companies.