Stay Ahead of the Merge: How NFT Projects Are Preparing For Ethereum’s Network Shift

One of the most significant events in the history of cryptocurrency is finally expected to happen this week. Ethereum’s major software upgrade, called The Merge, will fully transition the blockchain platform from its current proof-of-work consensus mechanism to the proof-of-stake model. Ethereum is expected to continue on as normal, only now it will be verified using PoS instead of PoW for authenticating crypto transactions.

According to Ethereum.org, “The Merge represents the joining of the existing execution layer of Ethereum (the Mainnet) with its new proof-of-stake consensus layer, the Beacon Chain. It eliminates the need for energy-intensive mining and instead secures the network using stakes ETH.”

The Merge aims to address three main areas of concern: sustainability, scalability and security. The new system not only sets the stage for future scaling upgrades including sharding but also drastically reduces Ethereum’s energy usage by more than 99% because miners will no longer have a financial incentive to run computers around the clock, according to researchers at the Ethereum Foundation.

The transition from proof-of-work to proof-of-stake is also expected to further deliver changes to the NFT market. The Merge has the potential to increase the diversification of Ethereum and revamp the tokenomics of the entire market and potentially see an increase in NFT’s pricing.

The majority of NFTs are part of the Ethereum blockchain, and many people are excited about the transition since it is expected to reduce energy consumption, meaning users will be able to mint and sell NFTs in a more sustainable way. However, with all significant technical upgrades, some users fear there may be the potential for scams, hacks, volatility and confusion.

Are your NFTs safe?

There may be confusion over which assets are “official” or “genuine” since duplicate NFTs will exist due to the ETH proof-of-work chain and other potential forks.

When the merge is complete, at least one proof of work (PoW) fork of Ethereum is expected to live on, potentially creating the risk of creating two versions of NFTs. Thus, NFT owners may face an issue called a ‘replay attack’. This is when a transaction is completed on one blockchain, and repeated on another.

The largest NFT marketplace, OpenSea, and prominent brands like Yuga Labs, the creator of the Bored Ape Yacht Club, have publicly stated they will not support the duplicate versions of NFTs that exist on these chains. Proof, the startup behind Moonbirds NFT project, also expressed a similar stance and maintains it will not support or recognize any fork made post-merge.

In just a few days, the Merge will become the demarcation event that separates PoW-era and PoS-era NFTs. Ethereum-based SELFi3S NFT collection by Supercute World will be one of the first to launch during Ethereum’s new phase, and has partnered with Web3 developer platform, Alchemy, to power the upcoming project as well as highlight the company’s new full stack NFT development capabilities.

“Our mission has always been to bring web3 to a billion people, and we see NFTs being a critical driver of that adoption,” said Nikil Viswanathan, cofounder and CEO of Alchemy. “To help achieve that goal, we’ll continue to invest in our full-stack NFT development offering, and support creative and exciting new projects like Supercute World.”

SELFi3S by Supercute World is the first truly inclusive NFT project that allows participants to create and represent the best versions of themselves online by offering the following versions: male, female and gender neutral. Holders will be able to choose the best version of themselves without ever affecting the rarity score.

Supercute World’s upcoming collection of 7,777 SELFi3S is expected to launch in October. To stay up to date and learn more about Supercute World, visit the website and follow the project on Twitter.

 

Is the Rise of Digital Real Estate Worth the Hype? Insights into 3 of the biggest Metaverse Projects

Picture this! It’s the mid-1980s. The internet, which was going to connect everyone around the world and revolutionize how they communicated, had just started, and everyone wanted a part of it.

Fast forward to the early-mid 2000s, Facebook, Twitter, Flickr, and Tumblr had just arrived on the scene, and social media was born.

Today, the Metaverse is the new kid on the block, and it just seems like people can’t stop talking about how it is redefining the digital real estate landscape and how it will change how we interact with the internet, and each other, forever.

But wait, “Metaverse,” “Digital Estate”, what do those mean, and more importantly, what’s the hype all about?

What Is Digital Real Estate, and How Does It Relate to the Metaverse?

Digital real estate is, simply put, property that exists on the internet. Traditionally, this used to be in the form of websites, social media accounts, or even email lists.

However, today, digital real estate includes virtual spaces and assets in the Metaverse which you can own, lease, or develop, just like in the physical world.

The Metaverse is a term used to describe the virtual world where people can interact with each other and with digital content in an immersive experience.

This virtual world can take many forms, but it typically includes some combination of 3D avatars, virtual spaces, and other virtual assets such as in-world tokens.

So, from having meetings with employees in a virtual office to selling digital art or fashion in a virtual gallery to exploring exotic virtual worlds with fantastic avatars and breath-taking creatures, the Metaverse provides opportunities for businesses to do things that were once impossible, or at least impractical.

Now that we know what digital real estate is and what the Metaverse is, let’s take a look at some specific Metaverse projects that are helping to shape the digital real estate landscape.

Projects That Show Why Digital Real Estate is Worth the Hype

There are many different Metaverse projects out there, but here are three that show the potential of digital real estate and the Metaverse.

SIDUS HEROES

A major upcoming project that is set to make waves and leverage digital real estate potential in Metaverse gaming is SIDUS HEROES.

The brainchild of a massive collaboration between some of the best minds in blockchain tech and gaming, with a large supporter base, SIDUS HEROES is set in a virtual universe inhabited by NFT characters from twelve technological races with unique traits and features.

The game is notably listed as one of New Zoo’s top 10 gaming projects to look out for and one of Coin Market Cap’s top NFT games for 2022.

Conceived as a game where players can travel to all corners of the Metaverse and seek out various adventures, SIDUS HEROES has also forayed into adding digital real estate value into its gameplay.

SIDUS HEROES metaverse apartments are the form of digital real estate in the game that can be bought, sold, or rented out to other players. The apartments are located in the capital city of the in-game universe and provide private space quarters where players can store virtual household items within the game.

With only 6000 apartments of different rarity, i.e., Common, Epic, and Legendary, in the game, they have been designed with various features and amenities that make them worth investing in for players.

These include robots, which provide bonuses for investment activities within the game; plants, which produce the fruits that upgrade the in-game heroes and pets; and workbenches, which are used to create new pharmaceutical items.

Of course, players can use these assets to develop different industries within the game, which can translate into actual revenue for whoever is holding them.

Apartments in the SIDUS HEROES metaverse will soon be out for sale, and early investors can start to get their hands on these valuable in-game assets. With the digital real estate landscape getting heated up and projects like SIDUS HEROES leading the charge, it’s advisable to keep your eyes peeled, follow updates on its Opensea, Twitter, and Discord channels,  watch out for its upcoming release, and keep your crypto wallet ready.

The successful precedent set by similar projects with established communities, innovative gaming marketplace, and ecosystems like SIDUS HEROES highlights that players have every reason to invest in digital real estate for their game-play value and investment potential.

Let’s check out two of these similar projects below.

Otherside BAYC

The Otherside BAYC is an offshoot of the successful Bored Ape Yacht Club NFT project. Yuga Labs, BAYC Creator, announced the project in March 2022 and was launched on 30th April 2022.

Although the Otherside Metaverse is currently in development, it is already one of the most talked about projects in the Metaverse space.

The world will feature playable characters will feature up to 10,000 playable characters in a massively multiplayer online role-playing game.

Its in-world natural voice chat also takes in-world communication to its next level.

With the awe-inspiring tour that Bored Ape and Mutant Ape owners participated in during July, it’s easy to see why 55,000 Otherdeed–plots of land in the Otherside sales were sold for more than $300 million when the project’s first round of land selling concluded; and why the value of Otherdeeds has grown over time, enabling it to scale over $1 billion in sales in the secondary market, becoming the fastest NFT collection to do so.

Illuvium

Illuvium is another upcoming Ethereum-based MMORPG, set to be officially released in 2022 on Mac and PC.

With 100,000 land plots available in the game, 22,000 were put up for sale for early investors and prospective sellers, making over $72 million in sales.

Like in real life, the owners can use these plots in various ways to make money. These include mining fuel to sell to game players, generating NFT blueprints, renting space to other players, etc.

These possibilities have made many enthusiasts eagerly anticipate the game’s official launch and a possible future land sale.

Key Takeaway

Digital real estate is worth the hype, and Metaverse projects are a big part of why. While the three projects discussed above lend credence to the explosive potential of digital real estate, it happens that SIDUS HEROES is the only one with a launch coming up soon for interested players.

Although it is in its early adoption phase, placing a cap on how much it can multiply in value is impossible. Like NFTs and actual real estate, the primary driver of digital real estate’s value is scarcity. With a limited supply of apartments, coupled with an ever-growing demand for them, the value of digital real estate will only increase with time. For example, while the BAYC project minted at 0.08 ETH, just a little over a year later, its floor price on the Open Sea is 72.6 ETH.

These projects are changing the way we think about virtual worlds and asset ownership, and they have the potential to revolutionize the gaming industry. With so much potential, it’s no wonder that more value is increasingly being attached and generated by digital real estate.

 

What it Means to “Own” Your Online Credentials

Googling “What are online credentials?” is quite like taking a shot in the dark. Results may differ across the likes of “banking credentials”, or “one’s online username and password”.  Although these versions are also correct, they only cover the very basics of online credentials. In a more expansive and elaborative sense, online credentials pertain to a user’s online behavioural patterns, looking at how they use an app, analysing different aspects such as how many hours they spend on certain features, which aspects of the app they use most, and so much more.

What Are Online Credentials Used For?

Online credentials can be used for a number of purposes, including targeted advertising, or the improvement of web app user experiences. The different data collected for these purposes include personal demographics (age, location, gender, etc) as well as behavioural patterns (locations visited, interaction with different pages, etc). With such a massive range of data being collected from individuals –  corporations have access to a pool (or more so an ocean) of data, for the benefit of their business.

Who Owns Credentials and How is it Stored?

One would automatically assume that their own personal information that they add onto the likes of Instagram would be their own intellectual property. In fact – this cannot be further from the truth.  As soon as a user signs up to a Web2 social media platform, the information that they have uploaded is now owned by the corporation in question. Unfortunately, through agreeing to the terms and conditions of these Web2 apps (which are more than often not read through by the users due to the thousands of pages), the user grants access to the corporation and is then left with little to no wiggle room when it comes to deciding who can or cannot use their online credentials, and how it is used.

Through this ownership, Meta is able to make billions through the use of personal data, making an estimated profit of $117.92 Billion in 2021, with an approximate 43% of this total revenue coming from North America (albeit only 10% of Meta users bring based in North America.)  The benefit or rewards that users reap from sharing their personal data, helping Meta make billions? None. The simple gesture of being able to use an app such as Facebook, Instagram, or Whatsapp is what users get in return for their data.

Apart from the non-existent benefits for Web2 users when it comes to online credentials, the lack of privacy is yet another issue. With millions of users’ private data being stored on one centralised system, there is an extremely high risk of data breaches. This proved to be true when  530 million Meta (Facebook) users were victims of one of the largest Web2 data breaches, where not only was their private data used by Cambridge Analytica without their consent – but it was also later leaked on another forum.

Enter the World of Decentralization

Considered to be the next version of the internet, Web3 is mainly characterised by its decentralised model, which is built on blockchain technology. This decentralised version of the web means that instead of companies such as Meta and Google mediating and controlling data on the web, users of Web3 are the ones who own and govern their own data online, made possible through the use of blockchain, cryptocurrencies, and NFTs. In Web3, ownership covers the ownership of information, meaning that in future Web3 social media apps, content posted by users would each have a smart contract attached to it – granting true ownership to the content creator in question.

What does it mean that users actually “own” a part of the web? In Web3, digital identities make use of self-sovereign identities (SSL), which move identity credential management from a centralised silo system (as seen in Web2) to a peer-to-peer model, using the likes of public-key cryptography, decentralised identifiers and blockchain. In turn, this model gives users the power to decide how their information is distributed by websites, services and applications across the web, as the point of connection has been shifted to the individual user, as opposed to the corporations.

The Rewards are Endless

Shifting the ownership of online credentials to individual users is not the only benefit that Web3 offers. GALXE, the largest Web3 credential data network in the world, offers Web3 users benefits that go way beyond shifting the ownership of their online credentials from corporations to the individuals. Through GALXE’s multiple Application Modules which include Credential Oracle Engine and Credential API, data curators now have the opportunity to be rewarded and monetise their credentials, thanks to the open and collaborative infrastructure provided by the data network. The ecosystem of GALXE can be easily accessed by all Web3 developers and projects, allowing them to leverage credential data –  ultimately helping them to build better products and communities for their users.

Are You Ready to Take Your Power Back?

Looking at the differences between Web2 and Web3 in terms of data ownership – it is clear that Web2 favours giant corporations, leaving individuals powerless in terms of how their data is used. The emergence of Web3 is shifting the notion of how online credentials are used and is truly giving individuals their well-deserved power back. With the help of networks such as GALXE, both Web3 developers and individual users are given an opportunity to benefit and thrive in this new age of the web. Are you ready to take your power back with Web3 online credentials?

 

Ahead of Vasil, Cardano Welcomes Its First Fixed Rate Lending protocol

Kulfi Finance is the first Cardano fixed-rate money market. At launch, vaults will be dedicated to stable-asset and pegged-asset pairs, with additional vaults added in the future.  Louis Ryman, Chief technical officer at Kulfi, stated “By building upon Cardano, Kulfi has created a simple way for crypto users to access the benefits of fixed rate money market.”

Kulfi finance facilitates fixed-rate lending, borrowing of Cardano native assets at fixed rates / Terms through an innovative financial primitive called wTokens. Fixed-rate financing touches all the edges of the modern financial markets. Kulfi technology will provide the ability to crypto users with a way to stable financing. Kulfi protocol is a first of its kind built on Cardano, along with its Yield Protocol. Fixed lending/borrow rates are a crucial element of the traditional financial system, allowing businesses and individuals to better plan their future finances. In the crypto space, however, variable rates are the norm; these fluctuating rates make it difficult to compare protocols and use DeFi (Decentralized Finance) for real-world applications. “In order to plan for the long-term, to borrow money for a house or car, people need to know what their costs will be – they need fixed rates” Manolis Kyriacou, Kulfi advisor stated on LinkedIn.

Why Fixed Rate is Important in DEFI

Most money market protocols on DEFI offer a variable rate which the interest rate is usually determined through the supply and demand of the token. When the demand rises, the interest rates go up. When the token supply increases, the interest rate goes down bringing uncertainty to the crypto market, this dilemma produces the need for a fixed-rate/term rate. Kulfi fixed loan product is based on the zero coupon bond concept which pays the full face value on its maturity date, with face value representing how much money the lenders receive at the fixed maturity date. Kulfi finance facilitates borrowers and lenders to agree on a fixed rate of interest. Unfortunately, most lending protocols lack this feature and cannot serve as a stable source of credit. Read Kulfi Whitepaper to learn more about the fixed rate protocol.

Kulfi Governance Token (KLS)

Kulfi ($KLS Token) is the governance token of the Kulfi protocol. It is a Cardano native token that holders can use for proposals, votes, and implementing changes to Kulfi ecosystem parameters and smart contracts. At the heart of kulfi are wTokens tokens (zero coupon tokens).

These instruments make the project’s fixed-rate system go round, as they constantly and simply keep track of who owes across kulfi stablecoin markets. KLS is a core native utility and governance asset of the Kulfi ecosystem. The KLS token is on Pre Seed Round and available at a fixed price; for 1 ADA, an investor can claim 200 KLS tokens. KLS holders will be able to take part in crucial referendums on Kulfi’s protocol upgrades.

 Kulfi Token (KLS) and Utilities

KLS is a Cardano token that governs the Kulfi protocol. KLS holders can propose, vote on, and implement changes to Kulfi system parameters and smart contracts. Each KLS holder gets one vote per KLS that they hold. Verify KLS token on Pool.pm KLS holders will be responsible for managing the Kulfi on-chain treasury, setting risk and collateralization parameters, and voting on any proposed upgrades to the Kulfi smart contracts. Here is a short, non-exhaustive list of things KLS holders will need to propose and vote on:

Proposing and evaluating upgrades to the protocol
Access Grant for Kulfi Borrowers
Onboarding new collateral types
Setting liquidity fees
Activating new maturities for lending and borrowing different assets
Transaction fees within the Kulfi Ecosystem can be paid using KLS tokens
KLS holders earn a percentage of fee paid within the Kulfi Ecosystem
Loan repayment can be done with KLS token

Borrowing on Kulfi Finance:

Users on Kulfi Finance can receive fixed-term interest rates on their loans. Firstly, borrowers must deposit funds as collateral. Then, mint negative wTokens. The negative wTokens tokens are representative of the funds borrowed in addition to a chosen maturity date when the repayment is due. At this stage, borrowers can trade and exchange their negative wTokens tokens for cryptocurrency.

Lending on Kulfi Finance:

Users can lend spare capital to the Kulfi portfolio, As such, lenders will purchase positive wTokens assets that yield a higher valuation than their initial deposit at a future date. The positive wTokens “matures” over time and becomes redeemable for currency upon reaching full maturity.

Kulfi Dapp Users do not need to pass the standard identification procedures such as Know Your Customer or KYC processes giving the users full anonymity.

Participate in KLS Token Pre Seed Sale

Kulfi token Pre Seed Round is the first and limited opportunity for the public to gain exclusive early access to purchase Kulfi token at 0.005 ADA per KLS token.

Interested participants can follow the link to purchase KLS token at a fair price – https://kulfifinance.io/buy

Conclusion

Kulfi Finance solves one of the fundamental problems in the DeFi space. The ability to provide fixed-rate lending makes the DeFi space accessible to more mainstream users and will bring in a flood of new users. At Kulfi finance a user can borrow against your crypto without worrying about changing interest rates. Tomorrow you might be able to take out a fixed-rate mortgage on Kulfi!

That’s why DeFi is so exciting. Every day, there is an innovation that expands the reach of this industry.

It is believed that Kulfi Finance has a good chance of becoming one of the leading lending protocols.

 

 

Solana-based Walken Announces New Roadmap Features To Sustain Its Impressive Growth Statistics

Solana-based blockchain gaming platform, Walken announces a new roadmap and features that boost the user experience and overall growth of the platform!

Walken, a move-to-earn player game, has unveiled its latest roadmap in a bid to continue its trajectory to sustainable growth, building momentum and substantial overall growth, a statement from the team reads. The new-improved roadmap introduces several new features including new game modes, better social interaction components, and new partnerships to boost the overall growth of the platform.

Announced Monday, the new developments will be implemented on the platform in the coming months, offering users a more fun and sustainable platform enabling them to maintain a healthy lifestyle while having an opportunity to earn crypto.

“One of the main challenges of any gamified web3 project is to make it both fun and sustainable, especially a free2play one,” Walken Co-founder and CEO Alexei Kulevets said. “With Walken, we are proving the point that it’s possible. We are grateful to our amazing community and work hard to make it even better”.

Some of the key developments and updates that stand out on the new roadmap include better localization support of the app with seven new languages added, a plan to use over 60 million community-generated WLKN tokens to re-invest in the app and add value across the ecosystem and the development of a new game that features CAThletes (NFT figures on the app).

Additionally, the new roadmap aims to build momentum and continue its sublime growth trajectory by introducing ‘The Walken Ambassador program’ to support local communities across the world and a dedicated referral program with associated bonuses. Notwithstanding, Walken will build new game modes such as tournaments and new race modes as well as social interaction features e.g. friend chats to enhance cooperation across its community.

Launched in 2022, the Walken gaming app is being developed to connect real-world sporting activities with online gaming and earning crypto. The fast-growing app aims to gamify a healthier lifestyle via the use of blockchain technology and financially incentivising users through its WLKN tokens.

“Gamifying ways for people to become healthy and adding financial incentives to stick to those routines are one of the biggest industry opportunities in all of Web3,” the team statement reads.

These developments will enable Walken to continue its impressive growth, especially by growing its community. With the vision of the new roadmap and features perfectly aligned with the company’s goals, the platform could be on the way to becoming one of the largest gaming platforms across the Web 3 industry.

Adding to the new proposed roadmap, Walken also shared some in-game economy statistics that show the sublime growth of the platform and expansion of its ecosystem in recent months. Following a rapid start in the user growth of its iOS app, the Walken Android app flipped the numbers in early August 2022 to become the largest Walken app currently with over 7,000new unique daily users, whereas iOS contributes to over 1,000 new daily users.

Additionally, the app recorded peaks of over 20,000 new daily users across July and August 2022, with over 1.11 million users recorded to have used the platform to date. The majority of the users hail from Russia and Ukraine, 19.6% and 10.4% respectively, with India coming in third at 7.34% of the users and Vietnam fourth with 5.13% of the daily users. According to the team, the number of users could well boost past 2 million by Q4 2022, as data collected across global regions showcases people are willing to dive into Web3 and unlock the benefits it can provide.

 

 

 

Interoperability in the Blockchain — What Is It and How Does It Work?

We’ve all equated decentralization with the blockchain by now, which makes perfect sense as one of the main characteristics of blockchain technology is its decentralized nature.

However, with decentralization comes a lot of uncertainty. How can different blockchains connect? Can we find anything universal about them? It is clear that there are many dilemmas here, which is why blockchain interoperability has become a hot topic in the last few years.

This phenomenon is bound to have a profound impact on the crypto sphere and beyond and will undoubtedly lead to more innovation and growth. But what is it? How does it work? More importantly, what does it mean for you? Let’s find out!

Blockchain Interoperability Explained

Blockchain interoperability is a highly complex technology from a scientific point of view. However, what it does is simple — it allows different blockchains that operate independently to connect and communicate.

Thanks to interoperability, blockchains can share data, information, and more. In other words, regular users get to use different blockchains without worrying about compatibility issues.

For a better understanding, it’s best to consider emails. When you send an email to someone, you don’t have to worry about choosing the same provider the other person uses. They might have AOL, Outlook, Yahoo, or any other service, while you use Gmail or Zoho Mail. It doesn’t matter, as the email will reach the other address regardless of the provider. This interoperability of email technology is what made it so successful and widely adopted in the first place.

With blockchains, this isn’t true. Some blockchains are interoperable, and we have several pioneering this technology, like Polkadot, Cosmos, Cardano, and others. However, most aren’t, so you may not be able to use them all the time.

With blockchain interoperability, every blockchain would be able to interact and send data and messages to another.

Importance of Interoperability for Web3

As we all know, Web3 is on its way. We might not be able to predict how it’ll look, but various blockchains will certainly play a key role.

What’s more, decentralized finances will be one of the biggest parts of Web3, and it’s one of the main reasons why we’ll need to introduce true blockchain interoperability to make this a reality. People will want to manage their finances and make payments across the web and different blockchains without having to use different tokens and coins every time.

Furthermore, different blockchains have different functionalities, and a regular user will have to deal with many of them on a daily basis. This will need to be possible without worrying about interoperability. In essence, without interoperability, it would be as if we couldn’t use various websites and platforms on the web as easily and simultaneously as we do today.

So, if we want to have Web3, we’ll need a way of implementing the latest solutions on the new internet just as we do today. In other words, we’ll need blockchain interoperability.

Examples of Blockchain Interoperability Solutions

At the moment, we have many projects attempting to solve interoperability, each in its own way. Polkadot and Cardano are one of the most prominent blockchains on the web that are dealing with it.

Polkadot uses something called parachains. These work like individual Layer-1 blockchains and can function simultaneously on the Polkadot network. Each chain relies on the security of the main chain but still preserves its individuality.

On the other hand, Cardano focused on smart contracts from the start, which effectively led to interoperability.

Cardano and Polkadot aren’t the only projects trying to solve interoperability between blockchains. We also have a lot of other smaller initiatives that have gone further.

A good example is t3rn, a smart contract hosting platform that offers interoperable smart contract implementations with an added fail-safe mechanism that ensures the reversibility of transactions, another thing that’s currently not possible with most blockchains.

t3rn offers uniform standards for integrating transaction-based and smart contract-driven blockchains through unique gateways. In other words, multi-chain execution and interoperability are assured.

Bottom Line

Blockchain interoperability is a complex topic, and it certainly won’t be easy to implement one solution that will handle interoperability for the entire internet. However, it’s necessary and inevitable for Web3. It will be interesting to see how it is handled in the future, but we hope that you’re now aware of how important it is for the web of tomorrow.

Finding The Best Bitcoin Poker Sites In 2022

The traditional financial system and fiat currencies have been operating for almost 100 years without challenge until the launch of Bitcoin in 2009. The cryptocurrency prompted a financial revolution with implications yet to come and a new era of independence for individuals.

In the online and gambling sectors, this revolution translated into platforms offering players around the world products that were previously inaccessible to them. In that sense, Bitcoin is a highly superior asset for gamblers looking for alternatives to the restrictions of the traditional banking system.

However, legacy online casinos and poker platforms are still the norm and are widely adopted in contrast with Bitcoin poker casino sites. Many online gamblers are used to the old system and find fiat platforms more comfortable when transacting with online casinos.

In this article, we’ll look into the pro and cons of using Bitcoin poker sites, as an alternative to traditional platforms, and we will provide you with a list of trustworthy platforms where you can fully take advantage of this new asset class while avoiding shady online casinos.

Why Bitcoin Poker Is Better For Online Gambling

Unlike its legacy counterparts, Bitcoin poker casinos are far easier to use and have fewer limitations for players that want to protect their privacy. These platforms can’t skip burdensome rules that required players to provide information that they want to preserve by themselves, such as Know Your Customer (KYC) and Anti-Money Laundering (AML) rules.

Thus, a Bitcoin poker site is more convenient, private, and flexible allowing players to make deposits and withdrawals at any point during the day without giving out their credit card or personal financial information. In order to play with a Bitcoin poker site, a player only needs a BTC address and make a deposit. That’s it, you are ready to play!

The entire process might take you a couple of minutes and you avoid the high transaction fees charged by traditional payment rails. This process is more advantageous as players can take out their winnings without having to worry about a bank blocking their transactions or holding their money for undetermined periods of time.

Bitcoin poker sites will process your transactions within 24 to 48 hours after a withdrawal request, with round-the-clock customer support to solve any doubts or questions related to the operations. In addition, the Bitcoin blockchain will have all the details related to a transaction which cannot be changed by any third party.

On top of the above, players can double or triple their deposits after a threshold as Bitcoin poker casino sites offer bonuses and opportunities to earn extra rewards. Even by just signup to the platform, players can receive hundreds of dollars as welcome bonuses.

A good tip before completing this process is to check your local regulations on crypto and Bitcoin poker sites and casinos. Some countries have laws against these platforms, but a VPN is always at hand if you want to circumvent this restriction.

List Of Bitcoin Poker Sites In 2022

Before signing up for any Bitcoin poker site, players should look for reviews, such as the one we provide below. Different reviews will help you find the best platform in order to avoid potential scams or security vulnerabilities.

Below, you’ll find our list of the best Bitcoin poker sites in 2022. These sites have been personally tested by our team after spending hours contrasting their pro and cons with their competitors. They provide users with the best security and benefits when playing the popular game.

Stay vigilant as this list can be expanded with new Bitcoin poker sites, these platforms are still catching up to traditional casinos, but adoption is growing every year. Online crypto casinos might become the new normal in the near future.

Image by David from Pixabay

Cardalonia Scores It’s First Exchange Listing, Set To Overtake Decentraland (MANA) and Sandbox (SAND) As $LONIA Token Holders Prepare For Land Presale

Cardalonia, an NFT-powered Play to earn Metaverse project building on the Cardano blockchain has announced the listing of it’s utility token $LONIA on P2PB2B, an Estonian-based cryptocurrency exchange and one of the top 100 exchanges by trading volume according to Coinmarketcap.

The $LONIA token listing partnership with p2pb2b.com will enable trading of $LONIA tokens, the utility token of Cardalonia.

LONIA token is available for trading on P2pb2b.com on the trading Pair LONIA/USDT, start trading below.

$LONIA is the utility token of the Cardalonia Metaverse and will give holders multiple utilities like Staking Rewards, Ability to vote on Governance proposals and so much more.

Holding $LONIA tokens will give Cardalonia users land presale whitelist access and passes to exclusive Cardalonia Avatar Clan drops and other NFT drops that will be exclusive to the Cardalonia ecosystem.

Users who also have an active stake of 7000 LONIA in the staking vault will be whitelisted for the upcoming Cardalonia Land Presale.

$LONIA Token Utility

$LONIA Token holders can stake their LONIA tokens to enjoy 20% APY which can be boosted up to 25% with Cardalonia Land NFTs.

Cardalonia is a virtual world where players can build, own and customize their own experiences on the Cardano Blockchain. Unlocking creativity in the Metaverse as you can Earn, create, socialize, play, trade and so much more, all in a virtual world.

 

 

5 Cryptocurrency that Might Succeed Despite the Current Market Conditions

Several cryptos have proven to be resilient during the recent market crash and show significant upside potential. The current crypto market has made many investors lose hope in numerous blockchain projects, but let’s explore the 5 cryptos that could prevail and set all-time highs.

Cryptos That Could Set All-Time Highs
1. Tamadoge

Tamadoge is an exciting new NFT crypto game that enables players to earn rewards while they feed and groom their virtual pets. Players who have done the best job at raising their pets are ranked the highest on the leaderboard, entitling them to the highest rewards.

Players receive rewards in TAMA tokens, which they can exchange for other currencies. What sets the TAMA crypto apart from other Doge ecosystem coins such as Dogecoin is that it’s deflationary. The developers plan to burn 5% of all tokens spent on the platform. That will make it scarce and increase the demand.

But what could also increase the demand for Tamadoge cryptocurrencies is listings on exchanges. So far, Tamadoge has been in a presale because the beta sale sold out so quickly. And in a few short weeks, Tamadoge has raised almost $7 million.

This coin’s popularity is evident in the demand, and it will soon be listed on LBank. That will provide the coin with more exposure and could result in a significant increase in demand.

Considering its use case, reward offering and extremely popular presale, Tamadoge has proven it should have staying power in the GameFi sector that not only includes play-to-earn but crypto casinos and metaverse real estate purchases.

Investors who want to stay up to date with the latest developments can join the Tamadoge Telegram channel.

2. Battle Infinity

Battle Infinity is a project that had an extremely successful presale, and it has shown to be among the best new cryptocurrencies after its decentralized exchange listing. The presale was supposed to last 90 days, but Battle Infinity’s use case and rewards prompted investors to sell it out within 25 days.

The next step for Battle Infinity was the listing of its native token, IBAT, on PancakeSwap. Celebrities such as Bollywood actress Urvashi Rautela and international cricketer Irfan Pathan attended the launch party of Battle Infinity. The result of the PancakeSwap listing was IBAT pumping 700% from its presale price.

Getting involved with this NFT P2E game provides investors with several benefits. Besides the potential gains from IBAT, investors can also earn rewards by staking the coin on Battle Stake, one of six platforms offering entertainment and rewards.

Players can choose between staking solo, duo and crates. Each method presents its own benefits and challenges. Battle Infinity enables players to battle it out for the highest rewards. But highly active players also get rewarded with IBAT tokens from the global staking pool.

Staying in touch with the latest developments is best achieved by subscribing to the Battle Infinity Telegram channel.

3. Lucky Block

The best way to benefit potentially from two ways with a crypto project is by using Lucky Block. One of the ways investors can receive rewards from this NFT competition platform is by holding LBLOCK and NFTs to enter draws. Some of the main prizes investors can win are a house worth $1 million, a Lamborghini and $1 million in Bitcoin.

Lucky Block is already one of the best Bitcoin casino sites out there, but another way to benefit potentially from Lucky Block is by holding its native token, LBLOCK. The coin began trading in January 2022 on major exchanges and has provided investors with massive returns. One of the catalysts for the rallies was listings on exchanges.

Although it’s listed on LBank and MEXC, LBLOCK will also be listed on Gate.io on 1 September 2022. LBLOCK is an ERC-20 token and investors pay no tax when buying or selling it.

Considering LBLOCK’s past performance during listings, which have already made it one of the top cryptos of 2022, it wouldn’t come as any surprise if it pumps once again after the Gate.io listing.

4. XRP

Investors wanting a coin that provides efficient cross-border payments and low transaction fees will find XRP to be one of the most attractive investments. Sending XRP across the world takes only a few seconds to reach its beneficiary. And the best part is that it costs mere pennies to do it from the comfort of one’s home.

XRP is the only coin that hasn’t been on a massive bull run but has managed to stay in the top 10 coins by market capitalization. And that is while it has a pending lawsuit filed by the US SEC.

What makes this coin even more special is that it rallied more than 600% from end-January 2021 to mid-April 2021. That happened during the lawsuit, which spooked most XRP investors.

It’s clear that not even a regulatory body can prevent this coin from pumping. XRP’s price structure has revealed that the bottom is most likely in, and the only way for this coin is up.

5. Bitcoin Cash

Bitcoin Cash is a successful fork of Bitcoin. The reason that it was invented is that Bitcoin was deemed a store of value, a gold 2.0 if you will. Bitcoin developers wanted a coin that could be used for daily transacting, was affordable and extremely efficient.

Those three factors perfectly sum up Bitcoin Cash. It costs a few pennies to send Bitcoin Cash to anywhere in the world, and it takes less than a minute. But investors always need to look at a coin’s fundamentals to determine its potential. Most exchanges have listed Bitcoin Cash and even Paypal has it on its platform.

It’s one of the main coins among Bitcoin, Ethereum and Litecoin to feature as the main cryptos. Bitcoin Cash solves the problem that Bitcoin couldn’t, and it’s currently on strong support and has tremendous upside potential.

Conclusion

While most of the crypto market is down, we’ve identified cryptocurrencies that could explode. All five coins we mentioned could set new highs, but we see Tamadoge as the biggest prospect.

Its presale has been so successful that TAMA will be listed on LBank and Uniswap soon. But so far, almost $7 million has been raised. So investors wanting the best TAMA prices should get in on the project now.

 

8 Best Crypto on Reddit to Buy and Explore in 2022

When it comes to investing, looking for the best crypto to buy right now Reddit can be a solid strategy.

Throughout this guide, we’ll take a look at eight of the best crypto to buy right now Reddit and provide a guide detailing how to purchase our top choice. Let’s begin.

Best Crypto on Reddit to Buy – Our Picks

Each of the projects below has been chosen as it offers utility and plenty of upside potential.

  1. Tamadoge – Overall Best Crypto on Reddit
  2. Battle Infinity – P2E Gaming Ecosystem with Explosive Potential
  3. Lucky Block – NFT Competitions Platform Primed to Explode
  4. Loopring – Layer-2 Ethereum Scaling Solution
  5. Nexo – Crypto Loans and Yielding Platform
  6. ApeCoin – Yuga Labs Affiliated Cryptocurrency
  7. Hedera – Enterprise-Grade Layer-1 Blockchain
  8. Monero – Privacy-Focused Crypto Project

Best Crypto on Reddit to Buy – Reviewed

Finding crypto set to explode doesn’t have to be difficult. We’ve rounded up and reviewed eight of the projects most likely to experience parabolic growth in the near future.

Tamadoge – Overall Best Crypto on Reddit

Tamadoge (TAMA) is a presale crypto bringing utility to meme coins through the creation of an engaging and rewarding play-to-earn game.

Within a Metaverse world called the Tamaverse, players can explore, communicate, and raise Tamadoge pets. Each 3D-animated pet is tokenized and can be upgraded using items from the Tamadoge store. When a pet levels up, the player is rewarded with Dogepoints, increasing their leaderboard ranking. The higher a player is ranked, the larger their share of the rewards pool.

As Tamadoge features a supply of just 2 billion tokens as well as a 5% burn rate on in-store transactions, the value of TAMA is likely to grow exponentially over the long-term. Furthermore, TAMA already has a confirmed listing on the LBank exchange, meaning that once the presale is over the token could explode.

 

By appealing to casual gamers as well as crypto enthusiasts, Tamadoge has the potential to capture a massive audience for its game. As most crypto games tend to neglect casual users, this could help Tamadoge to build up a huge user base.

Tamadoge is an extremely promising project that could be the best crypto Reddit. It’s currently in presale but the price per TAMA will slowly increase as tokens are sold so it’s worth getting in early. Check out the Tamadoge Telegram for more information (admins will never message first).

Battle Infinity – P2E Gaming Ecosystem with Explosive Potential

Battle Infinity (IBAT) is a P2E gaming ecosystem blending DeFi and NFTs. The project has been a massive hit with investors selling out its presale, raising 16,500 BNB. IBAT token will be listed on PancakeSwap August 17th, so investors have another chance to buy.

The Battle Infinity ecosystem consists of six primary features. A fantasy sports league, a Metaverse arena, a collection of P2E games, a decentralized exchange (DEX), an NFT marketplace, and a staking platform.

With Battle Infinity providing investors with a wide range of features that complement one another, it’s likely to keep a greater amount of value within the IBAT ecosystem rather than going to third parties like OpenSea.

As Battle Infinity has created a strong community and high demand for the IBAT token, the PancakeSwap listing will likely prompt IBAT to shoot up in value, attracting more investors. With this crypto set to explode, it’s worth checking out Battle Infinity and joining the IBAT Telegram group.

Update – IBAT exploded 4.5x within minutes of its listing, a 6x gain relative to the presale price, before a correction.

IBAT price chart on launch day

Lucky Block – NFT Competitions Platform Primed to Explode

Lucky Block (LBLOCK) is the only NFT competition platform where everyone’s a winner. The project uses blockchain technology to create a fair and efficient system.

Competitions on the Lucky Block platform are entered by purchasing the relevant NFT from leading marketplace NFT launchpad. Prizes range from $1 million in Bitcoin to World Cup Tickets or a Bored Ape Yacht Club (BAYC) NFT, so there’s something for everyone.

Even after a competition has ended the NFT doesn’t lose its value. Each day, the holder will receive a portion of the rewards pool, giving each NFT both immediate and long-term value.

Toward the end of July, Lucky Block transitioned from the BEP standard to ERC. This has enabled the project to be listed on centralized exchanges. The first listing, on MEXC, caused the token to rise by around 400% in the days prior. A new listing on Gate.io has recently been announced for mid-September so it’s the perfect time to stock up on tokens.

With a stream of listings planned for the future, Lucky Block is perhaps the best crypto to buy right now Reddit. Join the Lucky Block Discord community to hear about the next big listing before anyone else.

Loopring – Layer-2 Ethereum Scaling Solution

Ethereum has long been plagued with scalability and gas fee issues but layer-2 Ethereum roll-up Loopring (LRC) could change that.

By acting as a layer on top of Ethereum, Loopring benefits from the network’s decentralization and security while also being able to add extra features. In order to reduce fees and improve scalability, Loopring bundles transactions together off-chain to be simultaneously settled at a later time on-chain.

Loopring has constantly been regarded as one of the best crypto to buy right now Reddit and it’s only improving so we could see it become the next cryptocurrency to explode.

Nexo – Crypto Loans and Yielding Platform

Nexo (NEXO) is a platform enabling investors to receive loans and earn rewards using crypto.

The project provides crypto investors with immediate access to fiat loans using the crypto as collateral, helping to avoid issues with capital gains. Investors can also NEXO as well as other cryptos to earn rewards by locking up their holdings.

Overall, the project fulfills a real need within the crypto space and has been a big hit with Redditors.

ApeCoin – Yuga Labs Affiliated Cryptocurrency

ApeCoin (APE) is a new cryptocurrency created in part by the team responsible for the BAYC NFT collection.

APE acts as a governance token for the ApeDAO allowing the community to govern the APE ecosystem. Investors can vote on updates to the project, treasury spending, and more.

With Yuga Labs projects tending to take off, ApeCoin is one of the best crypto to buy right now Reddit.

Hedera – Enterprise-Grade Layer-1 Blockchain

Hedera (HBAR) is an enterprise-grade blockchain perfect for dApps.

The Hedera network can handle a far higher throughput than networks like Ethereum. This allows it to settle transactions quickly and cheaply.

The project has picked up traction recently for its use in dApps and Web3 applications, meaning it could be the best crypto to invest in 2022.

Monero – Privacy-Focused Crypto Project

Monero (XMR) is privacy-centric crypto that allows users to send funds anonymously.

In order to guarantee anonymity, Monero obscures key data (amount, addresses, etc) on every transaction. With Monero adhering to the crypto ethos, it’s become quite popular in recent years.

It was reported recently that Monero sees as much as 25% of the volume Bitcoin does. With figures like this, XMR could be the best crypto to buy right now Reddit.

7 Best Metaverse Crypto Coins to Invest in 2022

McKinsey & Co. recently released a report claiming that the metaverse could have a market cap of more than $5 trillion by 2030. With the shift towards web 3.0 and metaverse-based projects, in this guide we take a closer look at the 7 best metaverse crypto coins to invest in this year.

7 Best Metaverse Cryptocurrency to Buy in 2022
1.    Tamadoge

At the top of our list of the best metaverse cryptocurrency projects to buy is Tamadoge. The Tamadoge (TAMA) token is the native cryptocurrency of the Tamaverse – a play-to-earn (P2E) platform where players can earn crypto rewards on a virtual ecosystem.

Tamadoge members can purchase Tamadoge pets, which are virtual avatars with unique characteristics, weaknesses and advantages. Each pet is minted as an NFT using smart contract functionality – making it a tradable investment.

The NFT pets can be bought on the Tama store with TAMA tokens – with 5% of each transaction being burnt. This is a part of the team’s long-term objective of creating a deflationary token – launching with a total supply of 2 billion coins.

Furthermore, Tamadoge looks to develop an AR app – where players can wear VR headgear to access the Tamaverse more easily. Tamadoge is available to buy on presale – after completing its beta presale hard cap target of $2 million in 10 days.

Tamadoge is looking to accumulate $19 million to complete its presale round, with coins available for $0.0125 per token. One of the best utility tokens, TAMA, is also CoinSniper KYC verified and is audited by Solid Proof.

2.    Battle Infinity

Another one of the best metaverse crypto to buy now is the IBAT token – the native cryptocurrency of Battle Infinity. This is a P2E and metaverse game which aims to combine gaming with blockchain technology.

Players can access the Battle Arena – a virtual ecosystem where all characters and items have been minted as NFTs via ERC 721 smart protocols. In the Battle Arena, platform members can play using VR headsets.

Another P2E feature is the IBAT Premier League – the world’s first NFT-based sports fantasy league. Players can create their own fantasy teams and compete with each other to earn IBAT as rewards.

The IBAT token is a multi-utility token that can also be swapped with other cryptos on the IBAT Battle Infinity’s decentralized exchange (DEX). Another use case is the IBAT Battle Stake – a staking platform which allows IBAT holders to earn interest on their tokens.

IBAT completed its 90-day presale in 24 days.

3.    Lucky Block

Lucky Block is a relatively new NFT competitions project which has plans on the later phases of its roadmap to incorporate some metaverse gaming aspects for its players.

Lucky Block uses decentralized protocols to provide transparency via its NFT-based competition platform. Players can participate in main draws, and weekly NFT draws – with a chance to receive a $50,000 payout.

Lucky Block maintains its network and settles transactions in LBLOCK – the native cryptocurrency of the site. LBLOCK launched in January 2022 and gained 1,100% within two weeks of launch. Furthermore, LBLOCK released a new V2 token – an ERC-20-based token which is deployed on centralized exchanges (CEXs).

After being deployed on LBank and Uniswap, LBLOCK is becoming a more globally accessible coin and can potentially see higher trading volumes and price increases in 2022.

LBLOCK also has an upcoming listing on Gate.io in September, which is ranked #5 on CoinMarketCap’s ranking of crypto exchanges by trading volume. That listing on a tier 1 crypto exchange could see LBLOCK retest its former highs.

4.    Ethereum

Ethereum is an open-sourced and decentralized platform which incentivizes web 3.0 developers by deploying smart contracts. This function facilitates the deployment of various DeFi (decentralized finance) protocols, NFTs and other DApps, making it a popular hub in the metaverse sector.

 

Notably, Ethereum is the second largest crypto and largest altcoin, with a market cap in excess of $230 billion. Furthermore, Ethereum is expecting to undergo an ‘ETH 2.0’ upgrade – which is expected to solve many scalability and network issues on the network.

5.    Decentraland

The Decentaland platform became one of the most popular metaverse-based cryptocurrency projects in 2021. This is a decentralized project that lets players buy, sell and trade real estate in a virtual ecosystem.

Platform members can access thousands of LAND pieces on Decentraland – each of which has been minted as NFTs. All the NFT land pieces can be bought, sold and traded with MANA – one of the best emerging cryptocurrencies to buy in 2022.

 

MANA holders can also earn voting rights depending on the size of their holdings and participate in the MANA DAOs (decentralized autonomous organizations).

6.    Yearn.finance

Yearn.finance (YFI) is emerging as one of the best metaverse and web 3.0 cryptos to invest in 2022. This decentralized cryptocurrency is an aggregator service for DeFi investors and provides loans and credit checks in a decentralized way to investors. Thus, investors can access fiat-based solutions using the cryptocurrency – including cryptocurrency loans at competitive APY (Annual Percentage Yield).

Notably, YFI aims to be a deflationary token with a limited supply of 36,000 tokens. The token made an ATH of $93,000 in 2021 before correcting throughout 2022.

7.    Sandbox

Sandbox has emerged as one of the best metaverse and play-to-earn cryptos in the last few years. Similar to Minecraft, Sandbox aims to be an open-world game where players can build on a virtual ecosystem and use web 3.0 features to earn crypto rewards.

Notably, Sandbox will allow players to buy pieces of virtual items and land on the metaverse – with $1 million worth of tokens already bought. Investors can buy and trade in the Sandbox environment with SAND – the native crypto token.

8 Best Penny Crypto for High Returns by End of 2022

Penny cryptos have tremendous upside potential because of their low price. Some crypto projects may provide investors with high returns in 2022.

8 Best Penny Crypto for High Returns
1. Tamadoge

A major NFT project that’s currently in presale is Tamadoge. It’s a play to earn game that enables players to reach the top of the leaderboard by feeding, grooming and minting digital pets. The platform’s native token is Tamadoge, which has utility, unlike most meme coins.

Players can redeem their rewards for other currencies and also stand to make capital gains due to the coin’s deflationary nature. Only 2 billion tokens are in supply, and the developers burn 5% of all the tokens spent in the ecosystem.

The presale has been running for only a few weeks and more than $13 million has already been raised. Thanks to the high demand for Tamadoge, it will be listed on LBank and Uniswap. That’s a centralized and decentralized exchange imminent listing.

The listings will provide Tamadoge (TAMA) tokens with increased exposure, and higher demand can result in higher prices. Since this penny crypto is already priced low, it has tremendous upside potential.

Stay in touch with this cheap cryptocurrency’s latest developments by subscribing to the Tamadoge Telegram channel (admins will not DM subscribers first).

2. Battle Infinity

Another low price crypto is Battle Infinity. During its presale, IBAT was priced at $0.0015. But the presale for this NFT crypto project proved to be so popular that it sold out within 24 days of launch. The next best place for investors to buy IBAT is on PancakeSwap.

IBAT’s listing on PancakeSwap was moved forward to 17 August 2022. Battle Infinity founder Suresh Joshi went all out to make the IBAT initial coin offering (ICO) a massive event.

Joshi stated: “I can confirm today that Irfan Pathan, the international cricketer, and Bollywood actress and former Miss Universe turned actress Urvashi Rautela, will be joining me at our Battle Infinity launch party in Delhi on Wednesday.”

Battle Infinity is one of the best cryptos under $1 because it provides players entertainment on six platforms while enabling them to earn rewards. But this NFT game also rewards highly active players from its global staking pool with IBAT tokens.

Investors can get the latest developments about IBAT by subscribing to the Battle Infinity Telegram channel.

Update – At the time of writing IBAT launched on PancakeSwap and pumped from $0.0024 to $0.01, an over 450% gain and more when measured from its presale price of $0.0015.

3. Lucky Block

The great thing about Lucky Block is that it provides token holders with several ways to earn. Holding LBLOCK enables investors to partake in prize draws on this NFT competition platform. And massive prizes are up for grabs such as $1 million in Bitcoin, a Lamborghini and even video game consoles such as PS5s.

The other way that Lucky Block investors can benefit is by the potential capital gains that LBLOCK may provide. It has already proven that it can go on massive bull runs, largely due to its listings on major exchanges. Besides listings on LBank and MEXC, LBLOCK will be listed next on Gate.io.

The Gate.io listing is due for mid-September 2022 and will feature the V2 LBLOCK token, which has no tax but has low transaction fees. That listing will reveal if this coin will pump again, but its platform’s ongoing developments are constantly growing this project.

4. XRP

The definition of penny assets is those trading under $5. XRP, a native token of Ripple, is trading at around $0.39. The highest price that XRP reached was around $3.30 during an epic bull run in 2018, resulting in investors receiving more than 2,000% returns.

XRP hasn’t gone on a massive rally in 2021 like Bitcoin and Ethereum, yet it has managed to firmly hold a spot in the top 10 cryptocurrencies by market cap. The major hurdle it has to overcome is the SEC lawsuit. Despite that, XRP managed to pump more than 600% during the 2021 rally.

5. Stellar Lumens

Investors who prefer an alternative to XRP because they’re worried about its lawsuit can opt for Stellar Lumens (XLM). This crypto project also provides cross-border payments with extremely low fees and fast transaction times.

It takes mere seconds to transfer XLM across the world and costs a fraction of a penny. No need to fill out forms, visit an exchange shop or wait days for a transfer. Stellar Lumens simplifies that process from the comfort of one’s home.

6. Dogecoin

Whether the market views Dogecoin as a joke or a meme coin is irrelevant. What matters is the returns that it can provide. And it has shown that its price can pump massively. During the 2021 rally, Dogecoin pumped more than 10,000%.

Returns such as that aren’t seen often, and Elon Musk’s endorsements have definitely helped. Dogecoin has crashed since its all-time high, so could another pump be imminent?

7. Shiba Inu

Following in the footsteps of Dogecoin is another meme coin, Shiba Inu. It doesn’t really have much utility, but SHIB’s marketing team did a fantastic job at hyping up this coin. The result was Shiba Inu pumping just over 1,000% in October 2021.

And the coin needed less than a month to provide those returns. Much like Dogecoin, SHIB has plummeted since reaching its all-time high. Considering its price has lost so much of its value, investors might be wondering if now’s the time to buy Shiba Inu.

8. Cronos

The market has revealed the extent that native exchange token pumps such as BNB of Binance can provide. Cronos (CRO) is the native token of Crypto.com, a popular crypto exchange.

Cryptocurrency exchanges tend to pump their coins to millions of their users, and the market has already seen CRO spike more than 1,000% in a few months during 2021. CRO is currently trading at $0.15.

The Verdict

All the penny crypto we featured have provided massive pumps, but we found Tamadoge and Battle Infinity to be extremely popular. Tamadoge has raised millions of dollars within weeks of its presale, and Battle Infinity’s presale sold out within 24 days.

Now, investors have a chance to get in on Battle Infinity by investing in IBAT on PancakeSwap.

 

 

 

 

7 Best Altcoins To Watch and Invest in During Presale 2022

One way to get in early on the top altcoins is by investing in the best presale crypto investments of 2022. Since presales are the first stage of a crypto token’s investment process, investors can get in early and potentially experience high growth on their assets.

This guide will review the 7 best altcoins to watch and invest in during presale in 2022.

7 Best Altcoin Presales to Invest in 2022

The top altcoin presales will provide investors with cryptos offering multiple use-cases at a low price. Here is the list of 7 potential altcoin presales to buy in 2022.

1.    Tamadoge

We recommend Tamadoge (TAMA) as the best altcoin to buy during the presale in 2022. This is a play-to-earn (P2E) platform which lets participants earn in-game crypto rewards. An NFT interoperable crypto network, Tamadoge mints virtual dog-like avatars as NFTs using smart contract functionality.

Players can breed these characters and use them to compete with other players for points on a monthly leaderboard. The top performers are rewarded with TAMA – the native cryptocurrency of Tamadoge. Tamadoge pets are purchased with TAMA on the Tama store – where 5% of all tokens spent are burnt.

The platform recently met its beta cap targets of $2 million in 10 days and is looking to collect a total of $19 million during the presale phase.

Hosting one of the best crypto airdrops, Tamadoge is giving away $100,000 to one lucky TAMA presale investor (minimum $100 TAMA investment). With a token supply of 2 billion, 20% of all coins have been reserved for future CEX and DEX listings. LBank, a popular CEX, recently tweeted confirming their plans to deploy Tamadoge once the presale ends.

This cryptocurrency has also been CoinSniper KYC verified and is audited by Solid Proof.

Join the Tamadoge Telegram Channel to stay updated with all the latest news and information related to this new crypto project. Telegram admins will never DM you first, beware of impersonators and use the pinned messages for official info.

2.    Battle Infinity

The next on our list for altcoins to watch during presale is Battle Infinity – another P2E gaming platform. With Battle Infinity, players can participate in multiple P2E features such as the IBAT Premier League – an NFT-based sports fantasy league.

Another interesting in-game element is the Battle Arena – a virtual ecosystem where players take the form of virtually created avatars – which have been minted using ERC 721 smart protocols. NFTs can be purchased using IBAT – Battle Infinity’s native cryptocurrency.

Players buy IBAT from the Battle Swap, PancakeSwap but also LBank. Notably, the IBAT token concluded its 90-day presale in 24 days. Now, investors are eager to invest in IBAT.

Similar to TAMA, Battle Infinity’s IBAT has also been audited by Solid Prood and KYC verified by CoinSniper. To get the latest updates, subscribe to Battle Infinity’s Telegram channel. Telegram admins will never DM you first, beware of impersonators and use the pinned messages for official info.

3.    Lucky Block

Lucky Block is an NFT-based competition platform where players can participate in weekly main draws and NFT draws to earn up to $50,000. At the centre of the ecosystem is LBLOCK – the main utility token.

After completing its presale early, LBLOCK launched its ICO in January 2022 – soaring by 1,100% in two weeks of going live. Furthermore, the LBLOCK price pumped by 24% on August 14th 2022. Lucky Block recently launched a second version of the token – an ERC-20 protocol which will be used primarily for CEXs.

LBLOCK’s V2 token was deployed on CEXs, including MEXC and LBank – which has led to the ongoing price increases.

Lucky Block also has an upcoming listing on Gate.io in September, which is ranked 5th on CoinMarketCap’s ranking of crypto exchanges by trading volume.

That listing on a tier 1 crypto exchange could see LBLOCK retest its ATH – so while this may not be a currently active presale, it has some upcoming bullish catalysts in the coming months.

4.    Dad Bods Token

The Dad Bods (DADBODS) token is a new altcoin created in 2022 as a beginner cryptocurrency investment opportunity. The crypto platform envisions creating an ecosystem for supporting NFT creation by artists and also creating a merchandise line.

The tradable NFTs and merchandise lines will eventually be traded with DADBODS – the native crypto token. Currently, DADBODS is allowing investors to buy the token on presale – with 170 million coins available to purchase in this round. In total, DADBODS has a total token supply of 10 billion.

With a hard cap target of 200 BNB, DADBODS has already collected more than 40% of its targets. Investors can head to the CoinSniper presale website to learn more about DADBODS.

5.    Seed Collector (WORDS)

Next on our list for top altcoins to watch during presale is WORDS – the native cryptocurrency of a post-apocalyptic zombie game known as the ‘Seed Collector’. Players are hired by ‘seed phrase recovery units’, and their task is to retrieve the recovery phases of other clients.

The top performers in the game can earn the chance to earn rewards in BNB, ETH and MATIC. WORDS will be launching on presale on August 17th, with a presale cap of 3 billion tokens and a total supply of 10 billion.

Interested investors can begin trading with a minimum buy amount of 0.2 BNB and a max of 2 BNB.

6.    Baby Ape Coin

ApeCoin emerged as one of the best new altcoins and the official utility token of Bored Apes Yacht Club (BAYC), one of the most popular NFT collections. However, investors who missed out on the success of the ApeCoin ICO can invest in Baby Ape Coin (BAPE) – a BEP-20 token that looks to leverage the success of the meme coin brand.

The BAPE token offers static rewards, which promotes long-term holding. 15% tax is levied on selling or swapping $BAPE, of which 4% is distributed back to token holders, and 11% is used for marketing and liquidity.

7.    EstateX

Another pick for the best altcoin presale to watch is EstateX. This is an upcoming decentralized crypto project that aims to make real estate investing very transparent and accessible on a global scale.

EstateX offers fractional sharing opportunities for properties – meaning that multiple people can hold shares of one property. Shares of the properties can be bought and sold with ESX – the native cryptocurrency of this project.

Finally, the EstateX project has the potential to become one of the best DAO crypto projects for 2022, as holding the ESX token gives voting rights to token holders as well.

 

5 Reasons to Be Bearish on Cardano Price and Bullish on Tamadoge

Cardano has proven to be an exciting crypto project, yielding investors high returns. But the crypto market crash has made some Cardano investors bearish. Tamadoge is a new NFT game that investors are bullish on because of its utility and rewards.

Can Cardano Drop Lower?

Crypto bear markets can be brutal, and Cardano (ADA) investors watched the coin lose 87% of its value after reaching an all-time high of $3 in August 2021. But many investors are wondering, can ADA go lower?

Cardano Rallies

ADA has provided investors with 7,000% returns because of a rally that started at the end of 2017 and lasted until the beginning of 2018. And just recently, Cardano had another rally at the beginning of 2021, climbing up just over 1,600%.

If that wasn’t enough, ADA retraced and then went for another run to reach its all-time high. Since then, ADA buyers have run out of steam and the crypto bears have taken over. Although ADA has lost 87% of its value, it’s possible that it can lose more.

After Ethereum and Bitcoin topped out during the 2018 rally, both of these top cryptocurrencies lost just over 90% of their value in the subsequent years. So it’s possible that ADA can dip lower before it starts climbing up again.

Bearish Market Sentiment

It’s not easy for investors to watch several red candles a few weeks in a row. Many crypto investors have lost hope in another ADA rally, and the worst part is that many believe that the bottom isn’t yet in.

The financial markets can be a self-fulfilling prophecy because panicked investors sell as they believe that the price will go lower. But eventually, the ADA price will bottom, and it will be time to buy Cardano.

Why is Tamadoge (TAMA) Bullish?

Tamadoge is anything but another meme coin. It aims to outcompete Dogecoin because it offers utility, entertainment and rewards.

A Successful TAMA Presale

The Tamadoge token is currently holding one of the best crypto presales, raising more than $13 million in a month since its launch. The Tamadoge presale is still underway and ends in Q4 2022, so investors need to get in now as the token’s price is increased incrementally as certain stages of the presale are reached.

Exchange Listings

The most successful crypto projects are listed on major centralized exchanges. Tamadoge will soon be listed on LBank, a centralized exchange. But proponents of decentralized exchanges will also be able to buy TAMA on Uniswap.

Being listed on these two exchanges means that more investors will have exposure to it and the coin’s liquidity will increase. With more investor eyes on TAMA imminent in the near future, it may cause demand to increase.

Utility, Rewards and Burning

Scarce assets are more valuable than ones easily available. TAMA’s developers burn 5% of all transaction tokens, and they have limited the supply to 2 billion. This deflationary coin’s demand should grow after each burning.

Players can use the TAMA cryptocurrency to raise digital pets and compete against other players to reach the top of the leaderboard and earn the highest rewards, which can be redeemed for other currencies.

A Cardano Alternative to Invest In

While many crypto investors have turned bearish on Cardano, NFT investors are excited about Tamadoge. Thanks to TAMA being a deflationary asset that provides utility and rewards, it’s turning out to be one of the best future crypto.

TAMA’s presale has raised almost $5 million in a few weeks, and its listing will only help to draw more attention to the coin and give it additional exposure.

 

 

 

5 Cryptos Exploding After the ETH Merge This Year

The ETH Merge is set to revolutionize the blockchain and the crypto ecosystem could benefit tremendously. We’ve identified 5 cryptos that could explode as a result of this upgrade to the blockchain.

5 Cryptos Exploding After the ETH Merge
1. Tamadoge

Ethereum’s network has been used by many NFT projects, and that’s one of the reasons that Tamadoge could directly benefit. Tamadoge is an NFT game, enabling players to earn rewards while grooming their digital pets. Pet owners that look after their pets the most climb the leaderboard and get rewarded with TAMA tokens.

Another benefit of owning the TAMA coin is that it’s a deflationary token, so the developers burn 5% of all coins spent on the platform. It’s already shown to be an exploding crypto during its presale, having raised more than $4 million in a few weeks since the launch.

But even more good news for the Tamadoge cryptocurrency is that it will be listed on LBank soon. A Uniswap listing for the TAMA coin is also in the pipeline. The exposure that it will get from being listed on centralized and decentralized exchanges will increase its demand and make it one of the cryptos with the most potential.

To get the latest news about Tamadoge’s listings and everything about the project, investors can subscribe to the Tamadoge Telegram channel (keep in mind admins don’t DM subscribers first).

2. Battle Infinity

Battle Infinity is already an explosive cryptocurrency. Its presale sold out within 24 days of launch due to high demand.

The event has already been a buzz on social media, trending on Twitter because of its launch party and celebrity attendance. Battle Infinity’s launch party will feature Bollywood actress Urvashi Rautela and international cricketer Irfan Pathan.

The crypto project’s founder, Suresh Joshi said, “We are creating a stir in India with our breakthrough crypto games platform, not to mention the media coverage we’ve already had around the world. People are really pumped for our PancakeSwap IBAT listing on Wednesday.”

Battle Infinity is an NFT fantasy sports game, enabling players to earn rewards while battling it out against other players in the IBAT Premier League and Battle Arena. Players also compete for the highest rewards in Battle Stake, allowing them to earn IBAT rewards by solo, duo and crates staking.

Players can monetize land and spend TAMA tokens on billboard advertising within the ecosystem. After having received rewards, players can redeem them for other currencies on Battle Swap, the game’s decentralized exchange.

Stay up to date with Battle Infinity by subscribing to the Battle Infinity Telegram channel.

 

Update – IBAT’s IDO took place and the price exploded around 450% from $0.0024 to $0.01, and by a higher percentage since its presale price ($0.0015).

3. Lucky Block

Lucky Block is an NFT competition platform offering token holders the ability to receive prizes and potentially benefit from bull runs by holding LBLOCK.

LBLOCK is the native token of the Lucky Block platform, and investors entering prize draws can stand a chance to win a Lamborghini, $1 million in Bitcoin and PlayStation consoles. Token holders who don’t win in the draws may benefit from capital gains.

The Lucky Block coin has gone on massive bull runs because of listings on major exchanges. So far, it’s been listed on LBank and MEXC. The latest LBLOCK listing is due in mid-September 2022 on Gate.io.

The coin’s history has shown that price pumps usually follow exchange listings. Profits aren’t guaranteed, so investors should do their due diligence on the hottest cryptocurrency.

4. Bitcoin Cash

Ethereum has created a successful fork coin, Ethereum Classic. Another successful fork was Bitcoin Cash. Bitcoin inventors saw that Bitcoin was a store of value, and they needed an exploding coin that could be used for daily transactions.

Hence the development of Bitcoin Cash. Not only is Bitcoin Cash cheaper than Bitcoin, but its fees cost several pennies. Another benefit of using Bitcoin Cash (BCH) is efficiency. Sending BCH peer-to-peer takes only a few seconds, whereas Bitcoin can take several minutes or even hours, depending on the network volume.

All of the major exchanges list BCH and even Paypal has listed it. The fundamentals for Bitcoin Cash look strong due to its use case, but the BCH network is always looking for ways to improve.

Bitcoin has been criticized for high energy consumption. But the ETH Merger is set to lower the blockchain’s carbon footprint and make it more environmentally friendly, which will make Bitcoin Cash even more appealing.

5. XRP

Ripple has launched a campaign to ensure that its native token, XRP, has a low carbon footprint. The fintech company isn’t only concerned about providing a coin offering low transaction fees and an efficient ledger. It’s also upgrading its network to ensure that it doesn’t negatively impact the environment.

The ETH Merge will boost Ripple’s efforts to enhance its network, thereby making XRP an even more attractive cryptocurrency to buy. XRP is the only coin of the major ones not to have gone on a massive rally, yet still manages to be in the top 10 coins by market capitalization.

XRP has broad community support known as the XRP army. The support coupled with major bank partnerships has positioned Ripple to take XRP to a new level.

The Verdict

All five coins have tremendous potential to explode, but we found that Tamadoge and Battle Infinity have been explosive cryptocurrencies even during their presale stages. Tamadoge is still currently in its presale, having raised more than $4 million in weeks.

And Battle Infinity’s presale was so successful that it ended in 24 days, even though it was supposed to last 90 days. The next phase for Battle Infinity is a listing on PancakeSwap on 17 August 2022 at 16:00 UTC.

But the TAMA token may also be ready to explode with its LBank and Uniswap listings. The great thing about both of these coins is that their prices are probably the lowest now that they’ll ever be.

 

 

 

B2Broker & Its Innovative White Label cTrader Solution: What’s New?

B2Broker, a market leader in providing liquidity and technological solutions for the Forex and crypto industry, is proud to announce the release of its new White Label cTrader platform. The new solution was developed with the intention of giving brokers access to one of the most well-liked multi-asset trading platforms currently available on the market. cTrader provides an intuitive and comfortable interface that will make online trading accessible to everyone. With this new platform, B2Broker is committed to providing the best possible experience for its clients.

The cTrader platform is ideal for professional traders who want cutting-edge capabilities and complex trading tools. Brokerage businesses may now provide their consumers with a comprehensive cTrader trading environment thanks to B2Broker’s White Label solution. As a result, cTrader is the obvious choice for anyone seeking first-rate trading experience.

Description of White Label cTrader Solution By B2Broker

Do you want to start your own Forex, cryptocurrency, or multi-asset brokerage? Are you looking to scale your existing brokerage to increase your reach and attract more customers? B2Broker’s White Label cTrader solution makes it simple to do so. Institutional and retail organizations may brand the platform in whatever design style they choose thanks to its powerful user interface, making it simple to provide tailored services to  their clients.

“cTrader is a well-known platform with a proven track record of success, and it is used by all the market’s top brokers. A quick search on the Appstore for cTrader will reveal all the major companies that use this platform.

We believe that in today’s ultra competitive markets, every broker must offer a wide variety of trading platforms to its clients. Otherwise, the broker would lose clients who wish to trade on the cTrader platform. In addition to the traditional trading capabilities provided by the MT platform, cTrader will almost certainly attract a new category of traders and investors.

When it comes to managing your crypto brokerage, and its algo capabilities, cTrader is one of the top solutions on the market.

Since 2021, we have been seeing a growing demand for cTrader among cryptocurrency brokers. Since many cTrader brokers use our liquidity offering, we decided to open a whole new world for brokers that want to grow more sophisticated and cater to traders’ needs, rather than requiring them to use a single platform,” B2Broker CEO Arthur Azizov.

The White Label cTrader platform is ideal for brokerages who want all of cTrader’s features and capabilities without the headache of setting up and maintaining their own server. The White Label cTrader platform eliminates the need to purchase a license, set up a backup system, or pay people to run the server, and it includes everything you need to start from scratch.

Unique Functionality

  • This solution includes the entire ecosystem, with solutions from trading platforms, trader’s room, payment systems to IB programs and liquidity solutions. Combining cTrader’s sophisticated trading features with B2Broker’s aggregated liquidity pool and constant customer support creates a compelling offering for your business. With full environment integration, the White Label cTrader is the perfect solution for your brokerage firm.
  • Your brokerage team will be given a thorough overview of the user interface and functionality of WL cTrader and cBroker. The training session will include an introduction to the cTrader platform as well as an overview of the functions and features accessible to traders. With cTrader, you’ll have everything you need to take your trading to the next level.
  • You’ll have access to Tier 1 banks’ and other significant financial institutions’ liquidity. This means you may offer your clients narrow spreads with minimal latency and fast execution. All of this contributes to a more smooth and pleasurable experience for all parties involved.
  • B2Broker’s customer support assistance is dependable and quick, with multilingual services available at all times. So, whatever occurs, your problem will be resolved swiftly! With B2Broker, you can always expect prompt and helpful assistance when you need it.
  • If you’re looking for a C#-based algorithmic trading solution that is both simple to use and customizable, B2Broker has you covered with the White Label cTrader. With this platform, you can easily offer your clients the ability to trade using custom indicators and bots – all without having to worry about any technical complexities.
  • As a business, it’s important to have all the correct licenses and permits in order to keep everything running smoothly. That’s why B2broker took care of all the legal necessities during setup, so you can focus on what’s important – growing your brokerage. This way, you can have peace of mind knowing that everything is taken care of and you can simply focus on running your business.
  • Aside from a demo environment, you’ll also get access to third-party integrations, STP, straightforward pricing, a contemporary UI, and more, as well as proxy servers placed all over the world for a consistent connection with nearly no time delay.

Finally

White Label cTrader from B2Broker is the ideal solution for brokers wishing to provide their clients with a world-class trading experience. Your clients may trade successfully and confidently with access to all the required features and tools. Furthermore, with B2Broker’s customer support assistance available around the clock, you can be confident that any issues will be remedied swiftly and efficiently. So, if you’re seeking a dependable and complete trading solution for your brokerage, B2Broker’s White Label cTrader is the way to go!

 

Two Months before World Cup, Fan Tokens Soar on MEXC Exchange

Fan tokens of leading football clubs in Europe are ripping higher and outperforming the broader cryptocurrency market, according to details on September 5, 2022.

Per statistics, fan tokens like $LAZIO, the fan token of Lazio football club in Italy, and $PSG of the Ligue 1 giant Paris Saint Germain, are defying gravity and have been posting double-digit gains in the last few trading sessions. Notably, $LAZIO dominates the leaderboard, surging approximately 50 percent in the previous trading week alone.

Considering fundamental factors and rising confidence by market analysts that the crypto winter might be coming to an end after nine grueling months, the fan token rally could just be getting started.

The pump in fan tokens’ valuation coincides with the resumption of the 2022/23 session in most top European leagues. These coins are purposefully designed to strengthen the ties between fans and the team. Partnering clubs are permitted to mint them on the dedicated Proof-of-Authority (POA) Chiliz network.

This way, fans can, at any time, purchase these tokens allowing them to participate in voting where they can decide on the color of their team’s jersey, friendly matches, or even win prizes. It is a well-thought idea that Socios, the team behind the Chiliz Network, first implemented and continues to revolutionize fan engagement, even presenting opportunities for traders on MEXC Global and other top exchanges.

In 2020, MEXC Global, a top cryptocurrency exchange with over seven million clients worldwide, began listing fan tokens. $LAZIO is one of the over 15 fan tokens available for trading on the exchange. As of September 5, 2022, $LAZIO was paired with the world’s most liquid stablecoin, USDT, allowing a quick way for traders to acquire the token in the secondary markets. Other fan tokens listed on the exchange include ACM, ALPINE, ASR, and POR.

Besides boosting the liquidity of fan tokens and creating a convenient way for fans or investors to get exposure to their clubs’ tokens, MEXC Global is at the forefront of driving their respective liquidity. Subsequently, these tokens become easier to trade, even for young fans. Considering how popular these tokens have been, MEXC Global has been evolving to meet the demand of its clients.

They have launched the Fan Zone for fan token traders. At the same time, MEXC Global allows the trading of leveraged ETFs of fan tokens. The derivatives product is a quick way for users to trade with leverage, quickly and safely. Like other leveraged ETF tokens available on the liquid platform, their pricing is unique. They are issued off-chain, meaning the high Gas fees on Ethereum can be avoided, a relief for traders.

 

Ahead of Vasil, Cardano Welcomes Its First Fixed Rate Lending protocol

Kulfi Finance is the first Cardano fixed-rate money market. At launch, vaults will be dedicated to stable-asset and pegged-asset pairs, with additional vaults added in the future.  Louis Ryman, Chief technical officer at Kulfi, stated “By building upon Cardano, Kulfi has created a simple way for crypto users to access the benefits of the fixed rate money market.”

Kulfi finance facilitates lending and borrowing of Cardano native assets at fixed rates / Terms through an innovative financial primitive called wTokens. Fixed-rate financing touches all the edges of the modern financial markets. Kulfi technology will provide crypto users with the ability to access stable financing. Kulfi protocol is a first of its kind to be built on Cardano, along with its Yield Protocol. Fixed lending/borrow rates are a crucial element of the traditional financial system, allowing businesses and individuals to better plan their future finances. In the crypto space, however, variable rates are the norm; these fluctuating rates make it difficult to compare protocols and use DeFi (Decentralized Finance) for real-world applications. “In order to plan for the long-term, to borrow money for a house or car, people need to know what their costs will be – they need fixed rates” Manolis Kyriacou, Kulfi advisor stated on LinkedIn.

Why Fixed Rate is Important in DEFI

Most money market protocols on DEFI offer a variable rate in which the interest rate is usually determined through the supply and demand of the token. When the demand rises, the interest rates go up. When the token supply increases, the interest rate goes down bringing uncertainty to the crypto market, this dilemma produces the need for a fixed-rate/term rate. Kulfi fixed loan product is based on the zero coupon bond concept which pays the full face value on its maturity date, with face value representing how much money the lenders receive on the fixed maturity date. Kulfi finance facilitates borrowers and lenders to agree on a fixed rate of interest. Unfortunately, most lending protocols lack this feature and cannot serve as a stable source of credit. Read Kulfi Whitepaper to learn more about the fixed rate protocol.

Kulfi Governance Token (KLS)

Kulfi ($KLS Token) is the governance token of the Kulfi protocol. It is a Cardano native token that holders can use for proposals, votes, and implementing changes to Kulfi ecosystem parameters and smart contracts. At the heart of kulfi are wTokens tokens (zero coupon tokens).

These instruments make the project’s fixed-rate system go round, as they constantly and simply keep track of who owes across kulfi stablecoin markets. KLS is a core native utility and governance asset of the Kulfi ecosystem. The KLS token is on Pre Seed Round and available at a fixed price; for 1 ADA, an investor can claim 200 KLS tokens. KLS holders will be able to take part in crucial referendums on Kulfi’s protocol upgrades.

Kulfi Token (KLS) and Utilities

KLS is a Cardano token that governs the Kulfi protocol. KLS holders can propose, vote on, and implement changes to Kulfi system parameters and smart contracts. Each KLS holder gets one vote per KLS that they hold. Verify KLS token on Pool.pm KLS holders will be responsible for managing the Kulfi on-chain treasury, setting risk and collateralization parameters, and voting on any proposed upgrades to the Kulfi smart contracts. Here is a short, non-exhaustive list of things KLS holders will need to propose and vote on:

Proposing and evaluating upgrades to the protocol
Access Grant for Kulfi Borrowers
Onboarding new collateral types
Setting liquidity fees
Activating new maturities for lending and borrowing different assets
Transaction fees within the Kulfi Ecosystem can be paid using KLS tokens
KLS holders earn a percentage of the fee paid within the Kulfi Ecosystem
Loan repayment can be done with KLS token

Borrowing on Kulfi Finance:

Users on Kulfi Finance can receive fixed-term interest rates on their loans. Firstly, borrowers must deposit funds as collateral. Then, mint negative wTokens. The negative wTokens tokens are representative of the funds borrowed in addition to a chosen maturity date when the repayment is due. At this stage, borrowers can trade and exchange their negative wTokens tokens for cryptocurrency.

Lending on Kulfi Finance:

Users can lend spare capital to the Kulfi portfolio, As such, lenders will purchase positive wTokens assets that yield a higher valuation than their initial deposit at a future date. The positive wTokens “matures” over time and becomes redeemable for currency upon reaching full maturity.

Kulfi Dapp Users do not need to pass the standard identification procedures such as Know Your Customer or KYC processes giving the users full anonymity.

Participate in KLS Token Pre Seed Sale

Kulfi token Pre Seed Round is the first and limited opportunity for the public to gain exclusive early access to purchase Kulfi token at 0.005 ADA per KLS token.

Interested participants can follow the link to purchase KLS token at a fair price – https://kulfifinance.io/buy

Conclusion

Kulfi Finance solves one of the fundamental problems in the DeFi space. The ability to provide fixed-rate lending makes the DeFi space accessible to more mainstream users and will bring in a flood of new users. At Kulfi finance a user can borrow against your crypto without worrying about changing interest rates. Tomorrow you might be able to take out a fixed-rate mortgage on Kulfi!

That’s why DeFi is so exciting. Every day, there is an innovation that expands the reach of this industry.

We believe that Kulfi Finance has a good chance of becoming one of the leading lending protocols.

TON to list Toncoin on Huobi exchange with a 1 million token promotional campaign

Crypto exchange Huobi Global has announced that it will be listing Toncoin, the native cryptocurrency of The Open Network (TON) ecosystem, on Wednesday, September 7th, 2022. The listing will see TON available for trading on one of the largest cryptocurrency exchanges in the world in a TON/USDT spot trading pair.

The listing was announced by Huobi Global on September 5th as part of a strategic partnership with the TON Foundation. Toncoin, which is a token that is available to transact on the messaging platform, Telegram, has now moved out into the mainstream with this new listing.

The project had previously raised $250 million through the Huobi Incubator, which is part of the Huobi Group. This partnership will not only see Toncoin listed on the crypto exchange, but there is an extensive marketing budget of 1 million TON tokens planned to go towards marketing events, trading contests, airdrops, and staking with up to 300% APY.

Founding member of the TON Foundation, Steve Yun, expressed excitement at the partnership with Huobi. He states that the TON Foundation is “excited that Huobi Global now supports TON mainnet. We look forward to actively supporting the TON ecosystem together.”

The partnership is also focused on expanding the offerings and opportunities in Web3. Both parties plan to leverage the collaboration to support developers and businesses, as well as provide investments, incubate projects, and implement technologies and projects based on the TON blockchain.

“By leveraging its user-friendly mass-market products, TON has the potential to become one of the most promising layer-1 blockchains that could bring hundreds of millions of Web 2.0 users to the crypto world,” Lily Zhang, Chief Financial Officer of Huobi Global. “With the integration of TON mainnet, Huobi is well-equipped to support promising projects built in the TON ecosystem.”

About The Open Network (TON)

The Open Network (TON) is a community-run Layer 1 proof-of-stake blockchain that was developed in 2018 by the founders of Telegram and the Durov brothers. It is a blockchain that enables lightning-fast and ultra-cheap transactions. It is a fully scalable decentralized blockchain that has easy-to-use applications and an environmentally friendly design.

The Durov brothers had officially handed over TON to the community, and since then, the blockchain development has been led by the TON Foundation, made up of a non-commercial group of supporters and contributors whose sole purpose is to help grow the blockchain.

Toncoin, the native token of TON, is the only cryptocurrency that is transferrable between users on the Telegram messaging app. Users are able to send crypto among themselves using the @wallet bot in a seamless manner.

About Huobi Global

Huobi Global is a cryptocurrency exchange that was founded in 2013 and has quickly grown to prominence since then. Data from Coinmarketcap shows that the exchange is the 9th largest in the world, with daily volumes of more than $500 million. Huobi is licensed in 12 countries, including the United States, Thailand, Japan, and Gibraltar.

The company has since grown to develop various arms dedicated to different parts of the business. HECO Chain is an environmentally friendly blockchain that caters to developers, Huobi Capital is the investment arm of the group, and Huobi DeFi Labs caters towards helping decentralized finance (DeFi) development, amongst others.

 

 

Bear Markets Are The Greatest Buying Opportunities. Here’s why

Crypto analysts and researchers explain the bear market as a period in which supply exceeds demand, morale falls, and prices decrease. As such, a bear market is a market that has experienced consistent or significant falls.

A bear market is defined as any stock index or specific stock that has declined by at least twenty percent from its most recent high. As depicted here, “consistent falls” or declines refer to lengthy durations of downward oscillations. Ideally, markets are volatile on a daily (or even moment-to-moment) basis.

Various factors can cause bearish markets, including weak or lagging economies, geopolitical crises, wars, and pandemics. Meanwhile, low employment, which can result from significant economic paradigm shifts, low discretionary income and low productivity, are all manifestations of a weak or deteriorating economy.

Aside from a 20% drop in stock prices, the bear market condition is where investors frequently feel worried and depressed, and the country’s economic outlook is not always favorable. It is, however, important to note that, while a bear market may indicate a decline in stock prices and possibly a failing economy, it is also an ideal time for new investors to enter the market and start building their portfolios.

From analysis and predictions, coins are expected to have a bumpy ride ahead, implying that it will be some time before they pay off. Therefore, new investors must enter the market to invest long-term. After all, investing is a long game, and by leaving your money in the market for a while, you will have more time to recover from any losses; these short-term dips will not necessarily set you back in the long run.

The words “bear market” frighten many investors. However, these severe market downturns are unavoidable and frequently quite brief, especially when contrasted to the duration of bull markets, when the market is gaining in value. Bear markets, on the other hand, offer excellent investing possibilities. The co-founder of Philcoin, Dunstan Teo, stated:

“Human psychology is a fascinating thing. When retail stores offer sale prices, people flock to buy items at lower prices. Yet, in a bear market, when assets are discounted, people are afraid to buy. There’s no reason to feel anxious or worried during the bear market – it offers a fantastic buying opportunity and, as we know from historical charts, the markets always rebound which is where, and how, your assets will increase in value.”

Buying stocks at a discount during a down market is often favorable, making it a lower starting point for those who have previously eschewed investing. The term “buying the dip” refers to a classic investing strategy that entails selling when everyone else is buying and, in this example, purchasing when everyone else is selling.

What does the bear market situation bring to your investment table?

In a bearish market, cryptos are generally cheaper than ever, providing opportunities for people to buy their desired crypto at a discounted price.

We take as an example Philcoin, described as the ‘People’s Coin’, a scalable technological solution that meets established international development standards in its core purpose. With a total supply of 5 billion and the current circulating maximum supply of 0, Philcoin (PHL) has its price at $0.056886 per PHL at the time of writing. Its market is currently bearish. Suppose you purchased PHL at the current price of $0.056886 and held the coins through the bear market, and then sold it at any indication of a positive market. You recoup the loss earlier recorded during the “dip” and also utilize it in reducing any taxable gains in other areas of your portfolio where you made money. Experts refer to this situation as tax-loss harvesting.

As portrayed above, albeit it is paradoxical to invest when so many people are talking about the difficulties facing the economy, bear markets can be the best resort because prices have significantly decreased, allowing you to obtain more value for your money.

Teo says: “What’s important is for people to always remember their long-term goal. Is it for financial independence? To provide a better life for your family? To buy a home or car? Whatever your goal, remember the highs and lows of the markets are part of its cycle. A buy and HODL strategy is not only one that works – but one that also allows us to go about our lives without being distracted by the short-term movements in the markets.”

One of the many reasons why the bear market shouldn’t pose a great deal is that, as an investor, you can better regulate your emotions by introducing time zones because you know the market will recover after a dip. Short-term funds can be invested more prudently and will not fluctuate as much as the stock market. Money needed in the long run can be invested more aggressively. Even though this money may lose the most, it will have more time to recover losses.

In addition, You will have a better grasp of risk tolerance and thus, become a more consistent and reliable investor.

As an investor, consistency means giving your investments time to grow. If you invest when the market is up, you will quickly learn that market timing is a losing proposition. You may be fortunate at times, but you frequently miss the mark. Investing in a negative market, on the other hand, will not only make you more consistent but will also increase your overall returns.