New Bitcasino Game Offers 3 Players the Chance to Win a Tesla Worth €58,560

Crypto gaming innovators, Bitcasino, have launched one of their biggest giveaways to date and will reward 3 lucky players with a Tesla Model 3. To be in with the chance of winning, players of the new game, Live Crash, must reach the moon with the highest multiplier in a series of tournaments that are running between April 19 and July 11.

The Challenge: Reaching the Moon to Win

In order to qualify for the prize, daring players must hold their nerve and fly to the moon without crashing in the brand new Bitcasino game, Live Crash.

Players are challenged with choosing the optimal moment to cash out of a wager, as the multiplier grows, while they watch a car gathering speed and taking off into space. Players can pre-set their cash out amount but they will also have the option to alter it in real-time.

The excitement lies in the length of time that the players are able to hold their nerve and wait to cash out— the longer they wait, the higher the multiplier will be. But of course, if they wait too long, they risk going up in flames.

Bitcasino will be running weekly qualifier tournaments, before narrowing it down to three monthly tournaments, in which the player with the highest multiplier in each will win a Tesla.

Tauri Tiitsaar, Director of Bitcasino at the Coingaming Group, explained that they selected the Tesla Model 3 as the prize because they view Tesla as a pioneer at the forefront of their field, just as Bitcoin and Bitcasino are also leading the way in their respective fields. They wanted to create a fun and fair tournament with the car of their players’ dreams as the reward.

The Prize: Tesla Model 3

The Tesla Model 3 is one of the best-selling electric vehicles on the planet, boasting a sleek design and impressive performance, including 423 kilometers of zero-emission driving and 0-100 km/h in just 3.3 seconds.

About Bitcasino

Bitcasino was established in 2014 as part of the Coingaming group, and has since evolved into a pioneering bitcoin-led casino operator. Bitcasino hosts an expansive library of more than 2,800 games, from slots and table games to live dealer casinos from some of the industry’s leading suppliers.

They strive to create the ultimate user experience by continually using player feedback to perfect their platform and develop new features and rewards.

Fair Rewards: Bitcasino is the first crypto casino to withdraw its welcome offer, and has instead created a custom-built Loyalty Club that gives players greater control over their gaming.

Trustworthy and secure: Bitcasino prides itself on its trustworthy casino and gaming service. It has withdrawal times of around 1.5 minutes—among the fastest in the industry—and cutting-edge security measures in place.

 

 

Akita Inu: Is It the Next Dogecoin?

Released just 3 months ago, Akita Inu is a humble ERC 20 token with bold results so far.  Originally found on Uniswap, over the past week it has found itself added on multiple exchanges including MXC, HotBit, Poloniex and more for a total of 7 platforms and a new one with BKEX at the time of writing this press release.

This fast adoption was made possible with multiple days of trading volume of over $200,000,000 and resulting in trending status on CoinMarketCap and CEX.

Akita Inu is being built exclusively with the help of community input.  A truly democratized project.

Over the last week, over 15,000 new investors are now holding this token and another 22,000 have joined the project’s Telegram where people will get to start shaping this project into something special.

The fresh ideas from the community that are being adopted by the project include a token burn, staking to allow passive income on holder’s idle currency, and finally the development of its own decentralized social media network comparable to Twitter, but instead of liking tweets users will be able to tip Akita to show support.  This will all be possible with a partnership with Polarfox.

The team is also days away from a new release of the Akita website which will beautifully illustrate the roadmap to come.  So stay tuned for that.

“Is Akita Inu the next Dogecoin?”

In the early days of a new project, it is always easy to make a claim that something novel is going to be comparable to something else, which is more proven. This press release isn’t going to make that type of bold comparison here today.  Rather the core belief of the token is a much more intriguing comparison that should be made as to why Akita Inu could very well be the next Dogecoin. The power of community.

Firstly, let’s touch on why Dogecoin became the #6 coin on CoinMarketCap.  It was created in 2013 as a peer-to-peer digital currency and even in the early days, it was looked at as a comical currency.  After all, its logo is a cartoon of a dog.  But it was this humor that was able to tap deep into the internet and immediately became something of a force and true competitor, even compared to Bitcoin.  The community grew around the idea, that despite its comical nature, what if our furry little friend was able to be the go-to cryptocurrency in the marketplace, dogging the traditional financial institutions.

Over time, the power of Dogecoin’s ability to compete became more difficult under the scrutiny of cryptocurrencies needing a purpose.  The fear of scam-coins and obviously a very unregulated marketplace kept Dogecoin at a very low price point.  That is, until the boom of the winter of 2017 and 2018.  The price of Doge broke a penny.  Although subsequently in 2018 the market crashed back down in what seemed like a make it or break it bear market for the entire industry – Bitcoin included.

But the power of the Doge community stayed with Dogecoin.  What’s interesting about the Reddit forums at the time, is that the sentiment wasn’t in support of Doge. Not because people thought it would make a profit but rather because of the desire to stick the middle finger to the financial world.  It was this common belief that kept people interested and willing to continue to support something that had no practical purpose.  It was the power of the community that organically created its own purpose.

Why Create an Akita Community?

Fast forward to 2020 and 2021.  At this point, the financial institutions have entered the cryptocurrency space, and Bitcoin is at all-time highs.  Financial institution involvement and more people than ever looking to invest in cryptocurrency as projects like Akita Inu are ripe for the picking.  Both old and new crypto investors see how far Dogecoin has come and many of the same sentiment from the playful-anti-establishment investors will be looking for the next Dogecoin.

The next dogging of the traditional financial institutions.

Over the winter we saw how people on Reddit nearly bankrupted one of the largest hedge funds in the world for shorting Gamestop stock.  A collective group of average individuals pulled off one of the most ground-shaking financial moves of the last century.

They realized one thing…

They realized the power of community.

Akita Inu is an interesting project that realizes the power of community as well…and it should be mentioned their logo is also a dog.  An Akita Inu to be specific, which is a Japanese bear hunting dog.  A fitting name for a cryptocurrency that is attempting to fight the future bear markets with the power of community.

As of today, there are 17,000 members in the AKITA Network on the social media platform Telegram, and 2,000 to 5,000 active members online at any given time as of April 18, 2021.

Over on Etherscan, there are 11,000 holders of the coin already and the number seems to be moving upward at a rapid pace as more people get word of Akita Inu’s affordable price.  What should get investors excited about this is that it’s still very new and the foundations of a strong robust community are already taking shape.

So how can Akita Inu be the next Dogecoin?

So when comparing Akita Inu and Dogecoin, there is one factor that is very comparable, a factor that is truly the make it or break it element here; Community.

Looking at the basic foundations of Akita Inu has created and the amount of engagement within the community itself, there is no reason why the momentum can’t continue and even be a strong bull during a bearish market due to the long-term affordability.

The mindset of the community is also important though and will be something to keep an eye on.  Is the community just hoping for quick profits?  Or, does the community understand the long game, that they have an opportunity in years, not months or weeks.

Will they attract Dogecoin supporters with an attitude of rebellion to the financial institutions while also balancing and promoting a fun and playful environment?

Only time will tell how this project will evolve, but as of today, Akita Inu seems to be poised to make a name in the market for years to come.  For those interested, check out the pinned messages in the Telegram group. There, you will find the roadmap and get up-to-date information about where this community will be growing.

Hedge Your Crypto with Smart Investments in Stock and Other Assets

You can invest in Bitcoin, Ethereum, Binance Coin, Dogecoin, and more, buying (or selling) global stocks, gold, silver, commodities, forex, and more. SimpleFX is the world’s leading crypto-first trading app that’s always ahead of the competition, providing the best trading experience and the fastest payments with the lowest fees.

Bitcoin price has fallen sharply after hitting the all-time highs at $64,766 ahead of Coinbase exchange debut on April 14. A painful reminder for cryptocurrency bulls that growth is not guaranteed, and even if BTC is the future, the ride will be bumpy.

SimpleFX allows you to hedge your long cryptocurrency positions with other investments if you are a bitcoin maximalist. If you believe we are at the top of the crypto bubble, you can use SimpleFX to capitalize on your cryptocurrency gains and make more profit trading forex, Tesla, Google, Toyota, gold, virtually any asset you can imagine.

The best part about SimpleFX is that they are very flexible. If you’d like to trade a symbol that you don’t find in their offer, just shoot them an e-mail, and they will add it in the next update of their platform, which happens very often. If you are interested in local European, Brazilian, or Turkish companies, you can also find it on SimpleFX.

SimpleFX team makes sure their platform is up to date with the hottest cryptocurrency trends. They were one of the first to introduce Binance Coin and Binance USD accounts and the fastest and most economical Binance Smart Chain payments. Recently they introduced Dogecoin accounts.

SimpleFX is a renowned trading app that has been in business for eight years and was born from the cryptocurrency movement. You can sign up for Bitcoin, Ethereum, Binance Coin accounts with just an email. You’ll need to go through a standard KYC procedure to invest your local currency or other fiat money.

They are mobile-first platforms, but you can use the same accounts trading with the web app, native iOS, Android, or Huawei app, or MetaTrader4 desktop app.

Some great things about SimpleFX, which should convince you at least to give them a look:

  • Sign up with an email address, make a deposit, and cash in profits
  • Invest Bitcoin, Ethereum, Binance Coin, or another crypto
  • Up to 50x leverage on stocks $1,000 depo = $50,000
  • Up to 500x leverage on Forex $1,000 depo = $50,000
  • Global reach – check out for your local currency!
  • No fees, lowest spreads in the market
  • Social trading
  • 24/7 support (probably in your language)
  • SimpleFX is independent and not controlled by Wall Street

SimpleFX is the best way to diversify your cryptocurrency portfolio. Check out their app. If you are lucky, they will have a special offer active today. You can get a fat bonus for the first depo, a $500 cashback, or a reward for making a depo with one of the newly introduced payment methods.

Go for an independent trading app to multiply your coins!

Go to SimpleFX

How To Buy Bitcoin With a Credit Card in Coinsbuy

The popularity of digital currencies rapidly grows, while Coinsbuy offers a simple and secure way to buy crypto. Which steps are mandatory?

The best way to buy crypto with a credit card – a step-by-step guide

The crypto market capitalization has recently surpassed the mark of $2 trillion, and digital currencies are among the recent investment trends. According to statistics, more than 80% of the Globe population have heard about Bitcoin; meanwhile, the vast majority of people don’t understand how to buy crypto with credit card. Coinsbuy has a simple answer, offering three straightforward steps to become a crypto holder.

Step 1. Open an account on Coinsbuy

First of all, you need to sign up for the service. The process requires the following straightforward stages:

  1. Visit the official Coinsbuy website.
  2. Click on the “Getting Started” button.
  3. Fill in the mandatory fields (first and last name, email, phone number, and country). Create a strong password
  4. Agree with the Customer Agreement and complete the registration.

Confirm your email address by a 5-number code sent by the system

Step 2. Verify your Coinsbuy account

Coinsbuy enables users to buy crypto with credit card; meanwhile, you need to verify your account first. The service provides holders with the highest level of security and meets legislative norms, following KYC policy requirements. The verification process takes an investor just one minute. Follow the next stages:

  1. Log in to your account.
  2. Click on the upper left-hand corner and select the “Profile” section.
  3. Press on the “Verification” option.
  4. Accept terms and conditions.
  5. Choose the document to use for account verification (passport, driver’s license, or ID card).
  6. Upload scans of your document.
  7. Confirm and proceed to the selfie verification. Press on the “I’m Ready” and follow the instructions (hold still, roll your face in a circular motion).
  8. Check the data and wait for the verification approval (the system requires some time to process your documents).

Step 3. Buy cryptocurrencies with your credit card

Verified users get a simple answer for where can I buy Bitcoin with credit card:

  1. Click on the “Buy/Deposit” option placed on the dashboard of your client’s area (you may choose “Funds” and “Wallets” options as well).
  2. Choose a digital asset you want to get (e.g., Bitcoin).
  3. Specify the ordered amount of BTC to see the amount of the chosen fiat currency you need to deposit.
  4. Insert your credit (debit) card payment information.
  5. Confirm the transaction and become a crypto holder.

Buy, Hold, Sell, and Exchange popular cryptocurrencies

You’ve received your first crypto investment. Which opportunities does Coinsbuy offer for investors?

  • Cryptocurrencies have high investment potential, while the overall crypto market capitalization has skyrocketed by 269.4% within Q1 2021.
  • Coinsbuy lists the most liquid digital assets; this is why holders may exchange one asset to another with the lowest fees.
  • Digital assets are widely used as means of payments around the Globe, and hodlers may purchase from a cup of Starbucks coffee to a new Tesla for cryptocurrencies. The number of crypto-accepting businesses constantly increases.

Coinsbuy cryptocurrency wallets are your secure passes into the brave new world of digitalization and new opportunities!

Uniqly.io, A Project that Streamlines the NFT Market

Non-Fungible Tokens (NFTs) are among the hottest assets of the season as crypto-collectibles continue to gain popularity. However, the true potential of these crypto tokens remains unrealized due to the glaring gap between virtual and physical assets.

In the current setting, irrespective of the value and rarity of the NFT one holds, they still remain intangible. However, it is all going to change with Uniqly – a revolutionary crypto project bridging the gap between NFTs and physical products.

As a full-fledged DeFi and NFT ecosystem, Uniqly offers a suite of tools including staking pools, escrow, exchange platform, NFT marketplace, and more to enable the growth of the NFT economy while offering limitless opportunities to the creators and consumers to benefit from it.

Introducing Product-Backed DIY NFTs

Developing blockchain applications is not a simple task as it requires at least some coding experience and a certain degree of familiarity with the space.

However, an artist or a designer does not necessarily have those skills, but they are quite capable of creating some of the most sought after and valuable items.

Uniqly enables them to convert their creations to NFTs and sell them to a much wider market. Starting with the apparel segment, Uniqly’s product generator allows users to conceptualize their own designs, turn them into NFTs and put them up on sale on the platform’s marketplace.

Simultaneously, the platform through its partners will turn these designs into a reality by creating an actual physical product and later store it in their secure vault.

Meanwhile, anyone accessing the Uniqly marketplace can purchase these NFTs, trade them against other NFTs or cryptocurrencies, just like they would do with any other digital asset.

In case the NFT owner decides to get the actual product, they will have to burn that NFT and simply pay for the physical item materialization.

Tokenize and Trade Your Valuables

Apart from the NFTs designed using the Generator, Uniqly allows users to digitize their physical belongings of value for sale and exchange on the platform.

Users can create NFTs of goods they wish to sell and ship the actual product to Uniqly’s secure warehouse facility where it will be evaluated and stored – similar to an escrow facility.

If the product passes scrutiny, the NFTs generated will be approved by the platform, allowing the creator to list it on the marketplace and trade it with others.

Making NFTs come to Life

While the escrow-like vault facility enables physical backing for each NFT created on the platform, opening a whole new avenue for individuals to tokenize their valuables, it also helps materialize NFTs from digital assets to real, physical ones.

The NFT Token Materialization solution on the platform allows users to order two-dimensional as well as three-dimensional models of the NFTs they own, complete with QR codes to trace ownership.

Uniqly and UNIQ

Uniqly is supported by UNIQ ERC20 utility tokens which not only act as a medium for value exchange within the ecosystem but also imparts additional benefits to token holders.

The benefits of UNIQ extend to commission discount on purchases, share in profits generated by the platform, staking rewards and exclusive access to special NFTs and more.

Uniqly recently concluded an extraordinarily successful public token sale which was completely sold out in under 4 minutes, creating a new record compared to the previous round that took full 10 minutes before the conclusion.

 

With UNIQ set to be listed on Uniswap on April 15, 2021, those who were not part of the public sale can also access and enjoy the token’s benefits. To mark the latest milestone, the platform has announced the Uniswap listing contest where users can win exciting giveaways. More details about the contest are available here.

Learn more about Uniqly at – https://www.uniqly.io/

 

Southampton FC Sign Record Sponsorship Deal with Performance-based Bitcoin Bonuses

English Premier League Football team Southampton FC has announced a 3-year extension with its main sponsorship partner The Coingaming Group. The deal is the largest agreement in the club’s history and will see the continuation of Coingaming’s main brand Sportsbet.io as the club’s front-of-shirt sponsor.

Bitcoin Bonuses

The record-breaking new deal will also include an option for Southampton FC to be paid performance-based bonuses in the world’s most popular cryptocurrency, Bitcoin. The digital asset has been a hot topic this year with the ATH (all-time high) price being breached on multiple, consecutive occasions. The cryptocurrency has traded for as much as $61,683 on March 13th, 2021.

The option to receive a performance-based bonus at the end of every season in Bitcoin could prove financially beneficial to the club should the asset continue to grow in popularity and use over the next few years.

Community & Safe Betting

Sportsbet.io became the main club partner of Southampton FC in August 2020 and since then the two companies have worked together with a strong focus on community unity in sports and the importance of safe betting.

During “Safer gambling Week” Southampton and Sportsbet teamed up to launch ‘Listen to the Saint in you’ with the purpose of encouraging football fans to properly consider the ramifications of gambling before placing any bets. Saint players Ryan Bertrand, Nathan Redmond and Oriol Romeu gave advice to a fan on how to bet safely for the event.

Southampton FC Chief Commercial Officer David Thomas stated that Sportsbet.io are known for their success in challenging convention and disrupting the sports betting market by championing a more responsible approach and that the partnership between the two companies will continue to reflect these values.

Fundraising For Awareness

Sportsbet also helped Southampton FC to enable new start-ups and entrepreneurs to apply for grants during the Covid-19 pandemic. The Positive Impact Pledge offered eligible start-ups a chance to win a £20,000 tax-free grant and expert business guidance.

Sportsbet.io also recently donated its shirt sponsorship to the Saints Foundation for the Easter Sunday clash against fellow Premier League team Burnley FC. The sponsorship money was aimed to help raise awareness and vital funds for the club’s charity, which was topped up further by Sportbet who donated an additional £10,000.

The match shirts worn by the players for the Easter Sunday game displayed the Saints Foundation’s logo and were later auctioned off to raise further money to support the foundation’s local community work.Sportbet.io are expected to continue as sponsor and partner of Southampton FC until at least 2024.

The 99 Unique Early Crypto Art Hard Cap

 

There are only 99 individual pieces made out of 33 works, baby!

Since coming into this space, starting Art For Crypto in June 2017, I’ve produced 33 works that tell the tale of crypto from many angles. They also utilize tech and cetificates as appropriate. As my works are digital originals due to the process I invented back in 2008, the most popular investment grade work has been something called a ‘re-paint.

Stereoscopic” partly made live in front of the Crypto Kingdom documentary (time 23.15) crew, hanging on the wall of Adam Williams, the co-founder of World Crypto Con in Las Vegas. He has 5 of my large works in his collection.

Compliance is the New Black” was purchased for 1 BTC by Niko De Jonghe from Blockchain Valley from Las Vegas.

The Process

What that means is that I paint, and photograph those paintings as layers, sometimes bodypaint recording the process, nature photography, etc. Those files then get printed into high-quality canvas and are then re-painted over with acrylic paint to make them unique with only three versions produced of each piece.


The nr. 1/3 of “I Am Satoshi Nakamoto” (above) is still available.

Since I’ve now put a hard cap on the early works made between 2017-2021, only 99 will ever exist. Here is an article on this platform, which was the first ever to be written about my work. There are still some available as the 1/3, like the headlining piece here called “I Am Satoshi Nakamoto”. Soon, the more the market saturates from the thousands above thousands of artists pouring in, the early works will start to stand out as the beginner works of an important art movement.

“Vesa’s art is amongst the most integrally advanced in the history of Western abstraction – no small claim, but one backed up by the works themselves. Rather than abstraction as a fleeing from life, his works are a diving into the incarnate mystery of human being — direct celebrations of the fullness of Life.”

— Michael Schwartz, Professor of History and Philosophy of Art, Augusta State University, March 2014

Already back in 2014, Professor Michael Schwartz put me in the 100MM plus category in substance and delivery. This means Picasso, Dali, Rothko, Pollock, Kahlo, and the usual suspects of every major museum and auction when real money moves. Here is proof of quote.

Also “Soldier of Fortune” from 2017 is still available as a 1/3.

BTC tied Pricing called Stable Art

I also implemented a new pricing system called stable art, as the price of these pieces is steadily tied to the foundation of 1 BTC each. To some, the ‘steady’ part will come across weird to begin with but think about it. Fiat value is going steadily up. BTC valued is going steadily up. There actually might come a moment, in the not too distant future, that people will refuse to convert their BTC into fiat anymore. For this, you might need something even more scarce, and higher upward trajectory – early Bitcoin art.

Read the CoinTelegraph article here

Like this 3rd version of the Forbes headlining article on the movement owned by famous OG trader Tone Vays, you can only get it on the secondary market, and Tone is unlikely to part from it for less than 1 BTC, no matter what its fiat value is. That’s if he ever will.

The Tone Vays commission “Selling Banks Their Fat Asses Back” that followed the Fork & Flip collecting, is also sold out as an edition of three. This one was collected from a public auction during Unconfiscatable in 2020 by Willy Woo.

Sold Out Versions

Three works have now sold out. This is Fork And Flip, Beyond Moon, and Selling Banks Their Fat Asses Back. For example, INVISIBILITY, made for the Litecoin Foundation, commissioned direct by Charlie Lee, only has one version left. It is priced at 2 BTC, as some of them increase the price towards the end.

Charlie Lee in Las Vegas 2018 stood next to “Truth Or Dare“, about crypto adoption in India. It still has 2/3 and 3/3 versions available.

Only one of the INVISIBILITY pieces remain for 2 BTC, as some increase towards the end.

These works are available via both crypto and fiat.

The next show will be in AIBC Dubai in May.

See you there.

V E S A
Crypto Artist
All links to physical, NFTs, and more below
http://linktr.ee/ArtByVesa

Multiplays: Blockchain Gaming Reinvented Using NFTs

Blockchain has increasingly and steadily become a choice of technology for many industries and gaming is certainly one of them. Blockchain gaming has brought about a revolution in the gaming world and gave them a real-world value which has led to 1 out of every 4 persons becoming gamers. Blockchain technology in itself has also evolved quite significantly with numerous use cases and Non-Fungible Tokens (NFTs) are currently the latest use case to be in most demand. While NFTs were first launched in 2018, it has become a rage in 2021 with many mainstream celebrities using it to auction different things.

Multiplays is a blockchain gaming platform driven by creativity and technology to unlock the potentials of online gamers with the advancement in technology. The drill of playing games has only increased and with more visual stimulus, creativity and satisfaction. The way people played games from board games to visual gaming has changed because of technology. The idea of playing a traditional game is undeniably appealing, but people who spend all their time playing the traditional game end up sacrificing quality time with their family and gaining nothing in return.

Multiplays combines the best of blockchain gaming with the NFT market to offer a platform allowing players to earn revenue anytime they decide to play the game on this platform. The founder of the project said,

“ During the pandemic last year, lots of activities were grounded, most nations of the world had everyone locked up in their houses, hunger and starvation increased. Boredom was at its peak, The sporting industry at some point was affected.

 My team came together and decided to build a system that offers an alternative to the sporting industry and forestalls such boredom should we have a reoccurrence in future. ”

The Multiplays platform towers above her competitors in the gaming space with the multiplayer feature which makes it possible for peer-to-peer gaming challenges without gamers physically present. Competitions and tournaments including global board games tournaments can be held on the Multiplays platform as the games are in compliance with global regulations.

How Multiplays Incentivizes Users Via NFT?

muotiplays

Multiplays gives attention to NFTs and is bent on adding value to them through ensuring an improvement in the underlying infrastructure and application layer. Much of the NFT market right now is driven by digital market places around collectibles and artwork. Ultimately, by giving value to these assets and allowing owners to resell them to others, professional gamers who earn coveted in-game premium items could earn a living trading them.

Blockchain technology in use ensures Multiplays streamlines data which helps in preventing illicit tampering thereby ensuring improved betting and secure transaction. The play-to-earn concept which is the opposite of the pay-to-play concept creates a reseller market. The $50billion in-game purchase market shows that people are willing to pay for in-game items. For those willing to earn them, basically there will always be demand for these items.

The Multiplays Token or MTP would function as the fuel for the network that would be used for paying an entry fee to cashing out the prize. Just like the NFT market, the developers are creating an ecosystem that would allow players to earn from the MTP token even for participation. Multiplays team will vest all the MTP Tokens issued. These tokens are locked in order to ensure investors have the best intention and maintain a long-term vision for the project.  Investors who have contributed a minimum of 5 BNB in private or public sales will receive limited  MTP NFTs.

These MTP NFT holders get to profit from the platform as they share 50% of the network fees on the platform. For example, with 1000 users playing 15 games per hour on the Multiplays network at an average entry fee of  $5, Multiplays would enjoy an annual rate of $20M used to NFT holders.

Anyone can use the platform in three simple steps and start earning money.

  1. Buy Multiplays (MTP) coin
  2. Get a new account by connecting your wallet with the platform.
  3. Battle your way to the top.

MTP Tokenomics: Governance & Staking

The total circulation supply of MTP tokens is capped at 20 million, out of these 20 million MTP coins, 2 million has been allocated for the team, another 2 million for marketing. 15% of the token would be reserved for the liquidity pool, 20% for the staking pool while 45% would be available for pre-sale for the public.

The initial market cap of the MTP tokens is at $420K while the initial pancake liquidity would be $300K. Multiplays will take 10% on all entry fees on the Multiplays network. Of this 10%, 40% will be remitted automatically to users who have chosen to ‘stake’ their MTP tokens in our smart contract, with another 10% burned. This will leave the remaining 50% for the NFT holders.

Multiplays staking platform guarantees stakers a 100% APY on all MTP tokens staked thereby creating an income stream for stakers of MTP who may be non-gamers. So both gamers and non-gamers get to benefit immensely from the Multiplays network as she aims to be a community-managed project, which means that MTP game users will have governance and voting rights on the future implementations of the MTP market place. For example, Multiplays game users will be able to vote for the future of the platform.

Every entry fee paid in MTP by users on the network, 50% of the transaction fee is distributed automatically to NFT as rewards. Hypothetically, one thousand players playing per hour at an average of only $10 per game would yield almost $4m annually in rewards for the NFT holders.

To know more about Multiplays :

Website: https://multiplays.net/
Twitter: https://twitter.com/mtptoken
Telegram: https://t.me/Multiplaygame
Medium: https://medium.com/@multiplaygames70

 

The Second Edition of NFT Awards Announced, Intense Competition Expected

The second edition of NFT Awards is now here. Digital Entertainment Asset Pte Ltd (DEA), a Singapore based new-age digital entertainment major has announced the NFT Awards 2021 – an exercise that enables the crypto industry to recognize some of the best NFT creators and reward them for their contributions to the space.

The entire process of listing, evaluating, and selecting NFT Awards winners is a community exercise involving both industry participants and cryptocurrency users. The awards will be given to deserving crafters, artists and architects of the tokenized economies across multiple categories. To make NFT Awards 2021 a grand success, DEA has joined Blockchain Game Alliance – an organization committed to promoting blockchain within the gaming industry by fostering collaboration between individuals and companies to develop games and build communities around them.

Why is there a need for NFT Awards?

NFT Awards

The recent success of decentralized finance as an application of blockchain technology is followed by another trend – Non-Fungible Tokens (NFTs). An entirely new breed of digital assets, NFTs shares almost all but one important trait with conventional cryptocurrencies which is the uniqueness of each token which makes it an ideal representation of ownership of virtual and real-world assets.

The most popular use of NFTs remains in the collectible and digital gaming space, popularized by CryptoKitties. Its growing popularity has flooded the market with a variety of NFTs floated by numerous creators, each claiming to be more valuable than others. But in reality, many of them turn out to be fraudulent operators looking for a quick buck at the expense of unsuspecting users. Programs like NFT Awards act as gatekeepers to the ecosystem by educating the community about NFTs so that they can recognize the assets for what they are worth.

Like Oscars and Emmys for Film and Television, the NFT Awards for blockchain sector will encourage creators to create quality assets, leading to the industry’s sustainable and healthy growth.

Understanding DEA and its Involvement in the NFT Space with PlayMining

Founded by Naohito Yoshida, DEA is a full-fledged digital entertainment ecosystem that leverages the power of blockchain technology to create a data-driven economy. The DEA ecosystem makes extensive use of NFTs to monetize digital entertainment so that both creators and consumers are compensated for their efforts.

Using the native DEAPcoin (DEP) token, DEA has created a revolutionary “Play and Earn” model supported by services like PlayMining and NFT Marketplace by DEP. Introduced last year, PlayMining is a digital content platform that allows users to earn DEP and acquire NFTs by playing games or reading Manga. Meanwhile, the NFT Marketplace by DEP allows game developers, NFT creators and NFT holders to list their digital assets for sale or auction.

NFT Awards

PlayMiners, as the players on the PlayMining platform are known, can use the DEP mined by reading Manga or playing games to purchase NFTs that give them boost or special powers within their game of choice. Alternatively, they can purchase DEP from any of the supported exchanges like Bittrex,  Bithumb Global, OKEx, Digifinex,  etc., to buy game assets or NFTs directly from the platform. In less than a year, DEA has acquired over 750,00 users and is expected to hit the 1 million mark in the coming months.

DEA believes that the next stage of growth in the digital entertainment industry can be achieved only by changing the existing rules. Using blockchain technology makes digital content universally accessible while encouraging participation by compensating users with digital assets that can be used in the ecosystem and the real world. NFTs are the crucial elements that make it possible. By recognizing the true value of NFTs and their role, NFT Awards will help DEA extend its vision beyond its ecosystem to include the entire industry segment.

What to Expect from the NFT Awards 2021?

The previous edition of the NFT Awards was received with great enthusiasm attracting hundreds of nominations from the community. The entries were voted upon by the public and judged by who is who from the entertainment industry including the likes of Nicolas Pouard of Ubisoft Blockchain Initiative, Nobuyuki Idei – former CEO and Chairman of Sony Corporation, Shigeki Morimoto – the game designer behind Pokémon Series and more.

In the end, deserving entries received awards under 10 different categories

  • NFT of the Year
  • Best Utility NFT
  • Best Art NFT
  • Best Gaming NFT
  • Best Charity NFT
  • Most Valuable NFT
  • Most Traded NFT
  • Most Innovative NFT
  • People’s Choice Award
  • Adoption Potential Award

This year, DEA expects participation to increase many folds as the NFT market continues to expand rapidly. Many digital assets have grabbed the headlines in the past few months, with celebrities and tech moguls joining the game. If the recent auction of Jack Dorsey’s first tweet for $2.9 million or the NFT version of digital artist Beeple’s artwork selling for $69 million on Christie’s is any indication, then NFT Awards 2021 is going to be an intense, close competition.

DEA will soon announce the important dates for NFT Awards 2021.

BazarSwap, World’s First Decentralized P2P Exchange for ERC20 Tokens Kickstarts Operations

The Ethereum blockchain has laid the foundation for the entire DApps revolution. Playing a major role in the industry’s growth are ERC20 tokens that fuel almost all projects that are built on top of the Ethereum blockchain. While the number of ERC20 tokens continues to rise, the sector lacked dedicated trading infrastructure until BazarSwap came along.

BazarSwap is the world’s first decentralized OTC trading platform dedicated to ERC20 tokens. Created by the team behind Minereum Project – the first-ever self-mining crypto smart contract and token creation service, BazarSwap offers plenty of advantages over regular, centralized exchange and trading platforms dealing with ERC20 tokens. As a transparent, decentralized OTC exchange, it makes extensive use of auditable smart contracts while ensuring that users are always in control of their funds.

Features that Put Other Exchanges to Shame

Onn BazarSwap, users can trade any ERC20 token directly from their wallets. The platform is designed in such a way that the transfer of tokens put on sale will be transferred to the buyer’s wallet only after successful trade execution.

Participating in trades on BazarSwap requires users to connect their wallets once, and any balance in the connected wallet will automatically become available for sale. All connected wallets with a positive balance will be listed on the BazarSwap trade page and at any point in time, the user can delist their wallet by transferring all the tokens out of the connected wallet. Similarly, to reinitiate trading, they just have to fund the wallet again to get automatically listed on the platform. There is no limit to the number of addresses one can create to buy and sell ERC20 tokens at different prices.

By design, BazarSwap does not require a liquidity mechanism as the supply and demand are decided by user participation. In addition, the platform does not exhibit slippage and is capable of keeping the transaction gas costs at the minimum. Further sweetening the deal, BazarSwap has completely waived off exchange fees for now. However, the platform may start charging nominal fees in the near future, which is to be distributed among Minereum Fee Share Holders.

To become a Minereum Fee Share Holder and receive a share in the platform’s revenues, users can purchase the shares on Minereum Fee Share DEX against MNE payment.

Lucky Ones to Win Up to 6 ETH

Celebrating the landmark moment in Ethereum’s history, Minereum has announced a lucky draw promotion. Users can avail a free ticket for the promotion after setting up a token for sale on the BazarSwap exchange. The ticket can be collected from Minereum Lucky Draw page by entering the token contract address. Once collected, they must play the ticket before it expires to stand a chance to win as much as 6 ETH.

Along with BazarSwap, Minereum has also launched Coinleet, a cryptocurrency ranking platform that allows users to discover the best crypto based on its popularity and not marketcap or trading volumes. Ranking by popularity not only helps crypto users learn about the prevailing trends in the crypto industry but also offers them an opportunity to benefit by trading the ones in high demand at the right time.

Start trading on BazarSwap — https://bazarswap.com/

 

What Is the Future for Altcoins After BTC’s $60k Bulls?

The Bitcoin price ascended to a record high, vaulting over a commemorative milestone at $60,000. Yet, crypto analysts still struggle to wrap their heads around the occurrence as they try to predict the future.

While you might be one of those who missed the Bitcoin train and are now searching for alternatives to maximize gains on altcoins, here’s what you should expect before diving into it.

How Does the Crypto Market Move?

Supply and demand are one of the critical elements that drive the crypto market. Still, different factors are influencing the levels of supply and demand. For example, during bull markets, we see retail and institutional investors entering the market and increasing the buying pressure on Bitcoin.

Once Bitcoin reaches the top (which is not easy to catch), traders move their BTC to altcoins expecting to increase their profits even further. That happened in 2017 after the bull market and could also occur in the future.

One thing for sure is that the crypto prices move in parallel to market trends. For example, when Bitcoin price soars, altcoins usually follow; the same thing happens if Bitcoin falls. At times, some altcoins may move higher than Bitcoin in terms of percentage gain.

Why Bitcoin Keeps Hitting All-Time Highs?

During this bull market, analysts suspect two main factors are pushing Bitcoin to a higher high: demand from institutional investors and more money printing from governments after the COVID-19 pandemic.

Recently, institutional investors such as MassMutual, MicroStrategy, Tesla, and Square have purchased Bitcoin (BTC). The number of companies and firms entering the market could grow exponentially in the coming years, boosting the public’s confidence in cryptocurrency and pushing the BTC price even higher.

It is worth pointing out that Bitcoin’s limited supply and the halving events play a vital role in Bitcoin’s price. Imagine the demand grows and the new issuance of BTC decreases over time; it’s quite likely to see the digital currency hit new all-time highs again.

How Altcoins React to BTC’s Bull?

The cryptocurrency market usually revolves around the sentiment towards Bitcoin. However, it is not a surprise for altcoins to outperform Bitcoin during the altcoin season.   to research, almost 75% of the top 50 altcoins have outgrown Bitcoin’s growth.

Thus, an apparent trait shows that when Bitcoin hits new all-time highs, altcoins are very likely to follow. However, the growth still highly depends on the trading volume and liquidity.

Tokens Watch

There are over 5,000 altcoins available today, but what’s truly worth your time? And which token has a good return on investment?

Here are some of the highlights:

Theta (THETA)

As the video streaming market continues to grow and video streaming sites like YouTube rolling out more barriers, the Theta blockchain could serve as an excellent alternative for content creators and viewers to upload and stream fast and easily. Besides, Theta also allows peer-to-peer sharing of bandwidth and earns TFuel while streaming; it’s only a matter of time for THETA price to soar.

Chiliz (CHZ)

Chiliz is one of the largest blockchains for esports and gaming crowdfunding. It aims to give sports and esports fans the ability to crowd-manage their favorite teams, games, leagues, and events. Chiliz aims at offering a platform to offer tokenized solutions to companies and individuals.

Decentraland (MANA)

With the expansion of NFTs, Decentraland is a virtual world where users can buy, sell, and develop LAND. It is a non-fungible ERC-721 token that represents the ownership of virtual land in the Decentraland. Generally, Decentraland is controlled via DAO, which owns the most important smart contracts and assets of Decentraland.

 

All Aboard the Hype Train: CoinMetro Smashes Q1 Growth Expectations

CoinMetro, the crypto-platform powering the future of finance, announced today that they’ve shattered their growth expectations, with revenue leaping 100x in March 2021 compared to March 2020.

Buoyed by a strong crypto market, a vibrant community, and an ever-expanding product lineup, CoinMetro has more than doubled its revenue projections for Q1 2021, putting the Tallinn-based crypto-platform comfortably on track to smash its remaining targets throughout the rest of the financial year.

Fuelled by XCM

Although many cryptocurrency exchanges have been collectively reaping the benefits of a booming digital economy, few if any at all have seen the growth that the CoinMetro ecosystem has.

You see much of the overall attention has been focused on BTC, ETH, etc.

The usual suspects.

Meanwhile, CoinMetro’s own native utility token, XCM, has been on a tear. XCM, by all accounts, has been something of a giant killer, putting the likes of Binance and Uniswap to shame by climbing an astonishing 1400% in value.

So, as the CoinMetro and XCM hype train has gained steam, so too has the company’s customer base which has pushed revenues to an all-time high.

Scaling the Team

It’s not just revenues and customer base that have been growing. Supporting all this growth means scaling up the teams responsible for developing, selling, supporting, and securing CoinMetro’s products.

“I’m immensely proud of the work the team at CoinMetro has put in to get us where we are,” said Kevin Murcko, CoinMetro’s CEO, “the passion, the commitment, the enthusiasm, the dedication to our clients, it’s all part of the recipe needed to change the way the world sees, thinks, and interacts with money”.

“No doubt though, we’ve still got some big milestones ahead of us. And to make sure we keep this pace up, we’ve been hiring relentlessly and bringing new creative and inspired minds onto the team. 2021 is going to be a very big year for us” Kevin continued, with his trademark grin.

Building the Future of Finance

Glancing at CoinMetro’s ambitious 2021 roadmap says a lot about Kevin’s optimism.

There’s some really big stuff in there.

CoinMetro Group’s company Digital Fiat OÜ recently announced that they’ve been awarded an all-important E-Money Institution Agent license from the Bank of Lithuania, paving the way for cards, individual IBAN accounts, direct debits, and much more.

Just another piece of CoinMetro’s overarching plan to become the future of finance and change the way the world interacts with money.

CoinMetro is also eyeing up the lucrative B2B “know your customer” sector that has emerged in recent years. Rather than buying “off the shelf” customer verification solutions, from providers like Veriff, CoinMetro felt that building their own customer verification infrastructure made more business sense.

This means that not only does CoinMetro have tighter control (and security) of their own product, they’re now in a position to tap into a market worth $5.6 billion by offering their bespoke B2B legal KYC and whitelabel verification services to other businesses.

Sights Set on an MTF License

An MTF license is an investment firm license to become a multilateral trading facility (MTF) which is a European self-regulated financial trading venue. This allows them to offer CFD’s, futures, options and the listings of equities and bonds of SME’s with market caps of lower than €200 million. In addition to this the MTF license allows for a distributed ledger technology exemption to settle their own securities transactions on DLT.

CoinMetro is in the process of securing more funding for the multilateral trading facility license. While looking to raise €1.5 million, they ended up with interest for over €3 million in additional funding. The €1.5 million required for the MTF license has been confirmed and they expect to see the rest finalized in the coming weeks.

About CoinMetro

An EU-licensed exchange, CoinMetro is owned and operated by CoinMetro Group OÜ, a company incorporated in Estonia. The CoinMetro Platform is an exchange-based order book for various pairings of cryptocurrencies and fiat currencies and is now a primary and secondary market for digital securities. Digital Fiat OÜ is an agent to an authorized electronic money institution Payrnet UAB and part of companies in the CoinMetro Group.

Sheesha Finance Liquidity Generation Power

News BTC is mostly a price prediction platform. After writing about the cultural side of crypto for near four years, I’ve come to learn a thing or two about the correlation between leader, community, and price.

Even though I have no qualifications or desire to be a price predictor, I’ve made great friends here who it becomes easier to navigate the projects that have their foundations correct. The Defi burn is on, and I’m privileged to have chosen and accepted the ‘Artistic Ambassador’ title for Sheesha Finance.

Sheesha Finance is a Decentralized Finance venture founded by Saeed Hareb Al Darmaki. The strong team assembled to bring this venture into reality has been vetted by many community members, and approved to make the DeFi story even more interesting.

“VESA has proven himself to be a leader in the digital art space which is not something that happens overnight. He has worked tirelessly at his craft for years, earning him features in Forbes and allowing him to work with very famous crypto infuencers. We are honored to have VESA as our Artistic Ambassador, guiding us in the decision-making of what artists to bring into our ecosystem and working with our community to educate and deliver quality content.”- Saeed Al Darmaki

The King’s Decentralized Deer

“If it is illegal for a man to fend for himself, how can he be a man in his own right?” -Robin Hood

Speaking of content, here is a thought and myth made visible in modern times. We undoubtedly are living through an unprecedented time in world history with COVID. Despite the rhetoric of “We are in this together” by most passing the lockdown laws, they keep having their paychecks show up, as they wish those well who have no such luck. The deer have been claimed by the king, leaving most with chasing rabbit meat.

While this might feel like a blessing to vegans, the green supply chain is equally affected, and there is a weird increase in supplement prices and kale lately. In this way, perhaps not all health risks this brings us are considered. For that problem, the crypto and DeFi space offer people the freedom to choose the risks they take. The defi space is a continued evolution of the power of the internet & free education for those who choose it instead of the latest episode of reality TV.

This is why I think what the COO Benjamin Leff has to say here matters.

What excites me most about Sheesha Finance is the unique model we have designed that allows exposure to top DeFi projects by way of partnerships and rewards to our stakeholders. Many of these partnerships come from direct relationships with Sheesha Finance team members and advisors. By partnering with such strong projects, our community members will receive tokens of merit. Over time we will turn our project into a Decentralized Autonomous Organization (DAO) leaving the decision-making to our community! – Ben Leff

There is no closed pre-sale, top rewards, nor hierarchy other than first movers. It’s designed for free will to participate for those who can, and all are welcome to join the community.

As for vetting the project properly, and OG advisory side, here are some words by the one and only Mr. James Bowater, London’s resident crypto insider.

I was super impressed with the team behind Sheesha Finance. In fact Saeed Al Darmaki is member of a few of my WhatsApp community groups. Of course you know Ben Leff which I found out by virtue of his work with Brittany Kaiser. Knowing other folks in the DeFi space like my good friends Stani Kulechov and Julien Bouteloup, one thing I know that is essential is the veracity and security of the coding of the smart contracts and so the final part of my decision process was being satisfied with the audit. I was delighted to find out my good buddy Hartej Sawhney of Zokyo.io was not only doing the audit (which Sheesha passed with flying colours) but also joining the advisory team. Since joining Saeed some other familiar and friendly faces have come on board – essentially a great team for a great project which I’m delighted to support. – James Bowater

NFT & Us

As my first token of appreciation, I made this NFT, which will be given as a limited to early investors gift. The blockchain coal the sheesha liquid smoke from tells a tale of gentle power. In collaboration with the temperatures, water is the most adaptable of substances we know. It is known the give the right conditions for life, where ever it appears.

Work: Community Drive
Mixed media digital NFT
For Sheesha Finance by VESA

DYOR Easy

The last but punchy quote of today is by Mr. Matthew Armstrong from Royale Finance.

“The partnership with Sheesha Finance is extremely important for us. It provides the much-needed distribution stability lacking in most DeFi ecosystems today. This mutually beneficial partnership helps Sheesha expand its network partners and reach while providing Royale network participants an interesting investment avenue through Sheesha’s liquidity generation events.” -Matthew Armstrong

For a further deep dive, check out this Medium article on Sheesha Finance.

I’ll soon be traveling back to Dubai to meet some old friends, as well as make new ones. Can’t wait to feel that desert sun on my face.

In the meanwhile, I wish you blessed stakes.

V E S A
Crypto Artist
All links to physical, NFTs, and more below
http://linktr.ee/ArtByVesa

Bitcoin Vault has officially joined BTC.com

On March 31, BTC.com announced through its official Twitter profile that it has started to mine Bitcoin Vault (BTCV) internally, in a first step towards launching a public pool on its website at a future date.

BTC.com hosts some of the most popular and trusted mining pools in the crypto industry. They run pools for all major Proof of Work-based cryptocurrencies, including Bitcoin, Ethereum and Bitcoin Cash. Current pool distribution statistics show that over 10 percent of Bitcoin’s total network hash rate is channeled through BTC.com pools.

Launched in 2019, Bitcoin Vault is a cryptocurrency project focused on providing a higher security standard to its users. BTCV’s unique 3-Key Security Solution allows for transactions to be reversed within the first 24 hours of being sent to the network.

BTCV broadening horizons

The partnership between Bitcoin Vault and BTC.com has been in the making for over six months. According to BTCV’s Chief Communications Officer, Radek Popiel, the announcement represents a significant step in opening up BTCV to a wider mining community. “This is an exciting moment for Bitcoin Vault as we are confident that the project is ready to be exposed to such a large audience,” he says.

Popiel explains that BTCV is currently in the process of a “controlled decentralization” after an intensive period of focusing on product development and security improvements. “This is a gradual process that will take some time but joining BTC.com is a significant first step towards our goals,” he adds.

Centralize to decentralize

As part of their “controlled decentralization” plan, the partnership with BTC.com comes as a significant milestone in Bitcoin Vault’s growth, as the project seeks to return to its initial goals.

Upon launch in late 2019, the BTCV blockchain was fully decentralized. Anyone could join the network and begin mining. However, in early 2020, the chain became the target of multiple 51% attacks. This led the team to close off and centralize the network.

“We had to make a decision: to go into a “hash war” and repel the attackers or focus purely on coding to deliver what we promised to early adopters,” recalls Popiel.

He classifies the strategic decision as crucial for the future of the project. It has allowed the development team to securely deliver a fully functional product following the promised roadmap.

BTCV’s goal is to fully decentralize its network again by the end of 2024. The team plans to gradually release hash-power to various external partners to mitigate the risk of further network attacks.

What is BTCV?

Bitcoin Vault is a cryptocurrency project built with user security as the highest priority. They have implemented a 3-Key Security Solution to their blockchain, which gives users a 24-hour window to cancel transactions.

The 3-Key Security Solution is the first of its kind in the crypto world, providing an answer to a problem faced by many beginners. BTCV and its 3-Key Security Solution complemented by their current ecosystem of apps, such as the Gold Wallet helps people start their adventure in crypto with more confidence.

What comes ahead for the project?

The BTCV team has been energetic regarding the ambitious roadmap for developing the project’s ecosystem. The following are some of the main features BTCV plans to implement soon:

  • Controlled decentralization
  • Enabling Gold Wallet notifications for 3-Key transactions
  • “Simple” and “Expert” options within both mobile and desktop wallets
  • Internal exchange functionalities within the Gold Wallet
  • Third-party wallet and ledger integrations
  • Wrapped BTCV – ERC-20 token introducing BTCV to DeFi
  • Development of BTCV’s ecosystem of DApps
  • Further listings on popular exchanges

To find out more about BTCV’s 3-Key Security Solution, current applications and future developments, visit https://bitcoinvault.global/ .

Official BTCV social media accounts:

Telegram: https://t.me/Bitcoin_Vault
Twitter: https://twitter.com/vaultbitcoin
Facebook: https://www.facebook.com/bitcoinvaultofficial
Instagram: https://www.instagram.com/bitcoinvaultofficial/
Youtube: https://www.youtube.com/c/BitcoinVault
Vimeo: https://vimeo.com/channels/1690884

5 Things You Must Know Before Day Trading Crypto

Day trading cryptocurrency involves entering and exiting multiple positions during trading hours on the same day. Typically, a day trader would never leave an open position overnight as they intend to profit through intraday price movements.

Although day trading is a common strategy for a traditional financial instrument, it works perfectly well for cryptocurrency.

Still, you must fully understand the fundamentals before diving into the market.

Here are some tips!

1.  Always trade with a reliable crypto exchange

Crypto exchanges allow users to buy, sell, and trade cryptocurrencies like Bitcoin using different fiat currencies or altcoins. While most crypto exchanges offer similar services, but not all are created equally. The last thing you want is a crypto exchange to disappear with your funds.

You should always look up reviews of the crypto exchanges on forums, blogs, or any active communities to provide genuine feedback. Besides, make sure the exchange has good liquidity and has good customer support. For example, Bybit offers 24/7 customer support to all of its users.

2.  Get the technical and fundamental analysis right

Understanding how the market works and reacts gives you the upper hand to make rational trading decisions even if the market goes sideways.

Firstly, fundamental analysis relies on how external factors or specific industry trends, or crypto technology developments influence the market. This analysis is often used to determine the quality of long-term investments. You need to be aware of the difference between an asset’s value and the price at which it is trading.

Technical analysis is used to review actively trading assets for a short-term investment decision. Understanding price action in technical analysis gives traders an overview of the asset’s supply and demand dynamics to determine an ideal asset’s price.

3.  Don’t underestimate the trading fees

Before day trading cryptocurrency, make sure to take a deep dive into the exchange’s trading fees structure.

A crypto exchange may waive the deposit fees, but there are maker, taker fees, and withdrawal fees. These transaction fees are charges implied when you buy an asset. For example, at Bybit, takers pay 0.075% while makers earn a 0.025% rebate.

Ultimately, you should select an exchange with less trading fees that allow you to maximize your net profits.

4.  Never invest more than you could afford to lose

The golden rule is to spend less than you earn. When the same concept applies to day trading, you can mitigate the risks of losing your funds.

Of course, you can make quick cash when trading during the crypto boom, but trading crypto can also come with extreme volatility. You must expect a crypto asset’s price to fluctuate in hours or even minutes. If you intend to take on loans to day trade in crypto, you should think twice.

5.  Never let your emotions sway your decision

A crypto veteran would agree that your fear and greed empower bad decisions. And these are the repercussions of the market noises.

Instead, work towards strong trading psychology to make rational decisions. Focus on a day trading course, join a community with reliable trading news, stay firm on your evaluations, and most importantly, learn from your mistakes.

Closing Thoughts

It is essential to understand how the market works and how you can secure your funds. Work on improving your knowledge and learning from both failures and success to become a profitable crypto day trader today.

 

Bitget Will Launch USDT Unified Account and Quanto Swap Contract in Late March

The derivatives exchange Bitget issued an official announcement that in order to meet the needs of more trading users and improve user experience, Bitget will officially launch USDT Unified Account and Quanto Swap Contract at the end of March. Several days ago, Bitget launched a new feature voting and set up a $100,000 prize pool to invite users to participate. Bitget will invite global users to experience the beta version of USDT Unified Account and Quanto Swap Contract

Bitget will divide the contract products into four major sectors after the new feature is launched: USDT Margined contract/Coin Margined Contract/USDT Unified Account/Quanto Swap Contract. The USDT Margined Contract uses stable currency USDT as the margin; The Coin Margined Contract uses the coin held as the margin, and is priced, traded and settled by the coin

The biggest highlight of USDT Unified Account is that users can choose USDT to trade multiple trading pairs at the same time, in which multiple contracts share the equity of one account, and the profit and loss, occupation and risk in the account are shared. Currently, Bitget can support up to 20 currencies such as BTC, ETH, UNI, AAVE, etc. This means that users can open contracts of multiple trading pairs in the same account when using USDT as the margin, and realize the multi-currency hedging in one account.

Quanto Swap contract supports one or more currencies as a margin to trade other coins. The highlight is that it has changed the traditional trading method that coin margined contracts only apply to trade the margined coin contract. Now one coin can be used as a margin for multiple trading pairs at the same time, without the need for currency exchange.

For example, a trader holds and is optimistic about BTC for the long term, but predicts that ETH is going to rise recently. The trader hopes that after completing the contract transaction, BTC will be returned to his account.

It is not difficult to tell that, compared with traditional Coin Margined Contract, the advantages of Quanto Swap Contract are particularly obvious. First of all, during the transaction process, the operation is extremely simple, without the loss caused by the currency exchange process. Secondly, in the settlement, the currency of the account can be used as a margin for profit and loss settlement, and the user can finally get the desired currency. Thirdly, you can get a profit when the margin coin price rises while trading. For example, when you trade ETH, use BTC as the margin. If the BTC rises, you can get both the trading income and the increased income. Lastly, the Quanto Swap Contract supports using certain margin currencies to trade multiple trading pairs at the same time and accomplishes internal hedging, equity sharing, and risk-sharing.

It is reported that the Bitget Quanto Swap Contract will be launched at the end of March, and the global public beta will be launched. Bitget will support the three mainstream currencies of BTC, ETH, and EOS. Bitget CEO Sandra said, “USDT Unified Account and Quanto Swap Contract are a sincere work launched by Bitget for global users this year. After it is launched at the end of March, welcome to experience them and give us suggestions. Quanto Swap Contract will add more coins based on user feedback”

Why Did XCM Climb 1400% This Year?

Since 2021 exploded onto the scene and skyrocketed the crypto market to highs never seen before, there’s one exchange token that is really going for it – CoinMetro’s token (XCM.) The price has increased an eye-watering 1416% in just a couple of months. If we take a look at 10 of the top climbers from Cryptoslate’s listing of exchange tokens, XCM beats out the likes of Binance, Uniswap and Huobi.

So, how did CoinMetro, this giant-killing, trader-focused crypto exchange position itself to steal the lunch money of some of the very biggest names in the business?

Customers, Community and Confidence

CoinMetro founder and CEO, Kevin Murcko, points to great customer service (something that’s lamentably overlooked in the cryptosphere), investor and community confidence and having the features that crypto traders are looking for.

“CoinMetro is rather unique: we’re a regulated exchange providing multiple fiat on and off-ramps, even for US traders. CoinMetro supports USD; EUR, GBP and AUD. When it comes to crypto – XRP trading, in addition to the majors, we also focus on new tokens with great promise” he said.

“I’m also really proud of CoinMetro’s support team, who’ve helped us achieve a near-perfect 4.9 on Trustpilot. We genuinely care about our customers and I think this is reflected, not just in feedback, but also the overall confidence throughout the wider community, traders and investors alike”, he continued.

“Everyone has a crypto support horror story it seems. For me, the mission was to build a crypto exchange where our customer support team solves your problem and really cares about you. I can say with confidence that we’ve achieved that and we keep growing our team as we go along, making sure all our customers get a response and a solution in a timely manner.”

Success Beyond Price

Beyond XCM’s dramatic price increase, there’s obviously been a tremendous amount of work going on behind the scenes. Rolling out new products and doubling down on what’s working means CoinMetro enjoyed a growth rate increase of 620% year-on-year in 2020.

CoinMetro also successfully completed a crowdfunding campaign at the beginning of this year, to further supercharge their already stellar growth performance and adding a nice little bow to an already great 2020.

Pulling in customers faster than ever, and making consistent improvements to the product netted them a 52x increase in revenue between January 2020 and January 2021.

So the signs are clear: you put in the work, you build and support a great community around a great product, at the right time, and you enjoy success.

Who knew?

The Road Ahead for XCM

As all the transaction fees on the platform are tied to the CoinMetro token XCM. They have great plans ahead such as staking and many other DeFi plans in the works for 2021. There’s also huge support from their community and investors in going long for XCM. This may be some of the reasons why XCM, the CoinMetro token jumped from $0.04 to $0.72 ($0.49 at the time of writing) in just a space of a few months.

The biggest winner in the exchange token battle is clearly XCM – price is up 14x this year, comparatively, other exchange coins such as the BNB coin has also seen huge growth this year already, as have many other cryptos. BNB has risen in price over 7x this year. Huobi token’s growth between this year’s highs and lows has been over 3x. OKEx Chain however has reached a rather modest 50% increase this year.

CoinMetro has big plans ahead for 2021 both thanks to the growth of the company and the recent funding round. You can read more on their plans ahead this year in the CoinMetro Q1 2021 Roadmap. There will be a lot of new high-quality, hand-picked tokens listed on CoinMetro this year. In addition to this, they are also hinting about further licensing and entering the B2B space into Q4.

2021 seems to truly be the year of CoinMetro.

Clever DeFi Lists CLVA Token on Uniswap

Clever, a fully decentralized finance protocol has announced the listing of its native token CLVA on popular decentralized exchange platform Uniswap.

Token Listed in CLVA/ETH Trading Pairs

CLVA was listed on March 17 at 00:00 UTC via the CLVA/ETH trading pair on Uniswap. This listing will allow investors to trade their tokens on the world’s largest decentralized exchange (DEX).

Holders of CLVA can use this ERC-20 token to transfer value in seconds. What’s more, they get more flexibility in wallets, DEXs, Dapps, and exchanges since the token is fully compatible with the Ethereum ecosystem.

The Clever DeFi development team has worked hard to eliminate all the technical barriers from the DeFi and have placed support tokenomics to support the listing.

To achieve enough liquidity for the listing an extra 152,967 CLVA was minted during the minting phase equating to 45% of the total minted tokens in circulation at that time. This extra CLVA will be introduced into the CLVA/ETH trading pairs via a schedule that will ensure users are able to trade safely and the price of CLVA is relatively stable.

CYCLE 1: 31% liquidity added.
CYCLE 2: 8% liquidity added.
CYCLE 3: 6% liquidity added.

All the added liquidity will be locked without key access in a cloud time-delay for a set period of 12 months. Retail investors will be able to purchase CLVA tokens and add liquidity for incentives.

Uniswap serves as an automated market maker for projects to overcome liquidity problems and offers a market with thousands of liquidity providers.

Fortnightly Interest Payments To CLVA Token Holders

Clever DeFi plans to revolutionize yield farming by introducing fortnightly interest payments to token holders without stringent requirements. The platform has a mechanism encoded in its smart contract that provides incentives for token holders and liquidity providers.

The interests are paid throughout 888 cycles spread across 14 days intervals. During each cycle, interest is distributed to Ethereum wallet addresses containing CLVA tokens. Unlike traditional yield farming platforms that mandate users to stake or lock tokens.

CLEVER allows token holders to receive interest payments without any contracts or staking period. Also, CLVA holders can withdraw CLVA tokens at any time without penalties or a waiting period.

Investors and CLVA holders will be able to get more benefits from adding liquidity on Uniswap. The CLEVER team believes that the listing on CLVA will help the token be more stable and less volatile. It will also help the price of CLVA to increase in value and provide more interest from the crypto community in the project.

All CLVA tokens held in the Uniswap liquidity pool smart contract will receive CLVA cycle interests and earn 0.3% from Uniswap trading fees. Traders can also remove their liquidity in the future without any loss in the value of their assets.

Since its launch in 2020, CLVA has witnessed a significant rise in its ecosystem, with crypto enthusiasts showing interest in the DeFi platform. Clever recently held its minting phase, a 30 day period where investors could buy CLVA tokens at a cheap rate. At the end of the minting phase, a total of 339,927 CLVA tokens (726,50 ether) were minted by investors.

Uniswap is also the first platform to list CLVA, with the yield farming platform set to list on other exchanges. There are existing plans for CLVA to list on P2PB2B, CoinsBit, Hotbit, among others. For more details on Clever DeFi, please check the website https://clva.com/.

TimeCoin’s Special Token Sale

The Special Token Sale of TimeCoin (TMCN) was launched on February 15th, 2021, with a 93% discount on the token’s current market value.

The token was launched on November 11th, 2020 on BitForex as an IEO, at an initial price of $0.7. After the launch, the price rose to $11, and it has continued to rise. TMCN’s price hit a record high of $8,500 on February 18th, 2021 and that price was more than 12,142 times the initial price. Also, TimeCoin is listed on BitMart on March 24th, 2021 and will be listed on other exchanges near the future.

The project, the TimeCoinProtocol, was initially financed by a few investors who invested around $4 million, and only a very limited number of tokens were placed on the market.

Now with the Special Token Sale, the tokens will be sold on the OTC market. The project bought back most of the tokens available on the market so as not to increase the selling pressure.

The tokens will also be made available for trading on other crypto exchanges in the future.

So far, no public or private sale of TimeCoin has been conducted, but rather small quantities of tokens have been sold during the IEO.

The Special Token Sale serves specifically to raise funds for the development and enhancement of the project, and in particular for the eSportStars dApp, which was released in October 2020 and is expected to grow faster than anticipated. The project requires further development, as well as the implementation of DeFi and NFT functionalities in the TimeCoinProtocol, and new funds to support development and marketing costs.

For this reason, the decision has been made to launch two special, off-market token sales in order to enable the implementation of DeFi functionality in the eSportStars and TimeTicket dApps, so that fans can support creators such as eSport players, streamers, VTubers, etc.

This will allow both creators and fans to receive additional tokens, as well as in-game items, art and anime characters traded using NFTs.

Out of a total of 100,000,000 existing TMCN tokens, 10,000,000 tokens will be sold during the two special token sales.

The first one was launched on February 15th, and will run until April 30th, 2021. 5,000,000 TMCN tokens will be offered for sale at a price of 0.00004 BTC, which is more than 90% discount on the current market value.

The second one will be launched on May 1st, 2021 and will last until May 31st, 2021. It will cover another 5,000,000 TMCNs at a price of 0.00009 BTC, which is more than 80% discount on the current market value.

The total amount expected to be raised is approximately $10 million.

It will be possible to purchase in BTC, USDT or ETH via the TimeCoinProtocol.com/sale page, where it is also possible to consult the table of the token release periods.

To purchase TMCN, an investor is STRONGLY RECOMMENDED to prepare a private wallet like MetaMask. (An investor is NOT recommended to purchase TMCN using a crypto exchange account.)

Subscribe to the TimeCoinProtocol Telegram to earn TMCN Free Rewards and buy TMCN.

 

 

Dogecoin Perspectives and Gamestop Incident

The first meme-coin was born in 2013: Dogecoin (DOGE). This cryptocurrency is kind of an homage to the known meme Doge, which origins go as back as 2005. Then, years later, Jackson Palmer, a marketer for Adobe Systems, bought the Dogecoin.com domain for fun. He started like that what it would be a digital currency with over $7b in market capitalization.

Now, we have a curious phenomenon around this cryptocurrency. Its price was boosted to new All-Time-Highs (ATHs) last February, and it wasn’t due to something inherent in the coin itself. Dogecoin’s system has its own blockchain similar to Litecoin, and this one hasn’t changed a lot in a while.

The reasons behind this sudden growth are partly fun and partly revenge. And the consequential adoption because of it.

WallStreetBets, Gamestop, and Dogecoin

In case you don’t know it already, there is a subreddit dubbed “WallStreetBets” (WSB), where users worldwide meet to share experiences about the stock market. And to defy the entire financial system by joining forces to sabotage Wall Street, it seems.

Let’s check. GameStop (GME) is an American company that sells videogames and related products, physically. With the rise of online game platforms (Xbox, PlayStation, Steam, etc.) and the COVID-19 pandemic, they didn’t bear very well. They’ve been suffering millionaire financial losses and they’ve closed thousands of its stores worldwide.

That’s why, in the stock exchanges, the bigger investors (which mean investment companies) have been betting for its failure and making profits with such bets. They borrowed (and sold) GME stocks at the beginning of January, and they were expecting them to decrease by the end to make profits from it. The disappointment and alarm were large when the stocks didn’t decrease but skyrocketed out of a sudden.

From $17.25, these stocks reached $325+ per unit. That meant a 1,784%+ increase and millionaire losses for the short-selling investors. All this because of a group of Redditors from WSB. They literally plotted to buy GME stocks massively to pump its price and, more than likely, sabotage on purpose the bigger hedge funds.

The reasons for this would be, more than looking for profits, sheer revenge. The bigger hedge funds are widely blamed for the financial crisis in 2008 because they caused an awful mortgage bubble that left homeless millions of people.

A lot of people and even some celebrities joined the Gamestop frenzy because that was only the beginning. At some point, somebody dubbed “WSBChairman” on Twitter wondered if Dogecoin has ever reached the dollar. And it was a nice boost for the price of this crypto. Soon, even Elon Musk joined the party with more tweets and a purchase for his son.

Last movements and forecasts

The Dogecoin buying fever in late January and early February brought as consequence a new ATH of over $0.084 per coin. Additionally, also got a #DogeArmy on Twitter, determined to boost this token to a dollar. And despite the purchase of Bitcoin by Tesla, it seems like Elon Musk hasn’t totally lost the fondness for this currency. In the past, that’s been more than enough to move the DOGE market upwards.

More recently, the Dogecoin adoption has been rising. The crypto-merchant BitPay added the currency to their services. The professional basketball team Dallas Mavericks will start to accept it for tickets and merchandise. The crypto-ATM company CoinFlip just made DOGE available in over 1,800 ATMs throughout the United States. And the custom sports apparel brand Wooter Apparel started to accept this currency as well.

Not bad for a meme-coin, right? It’s been so popular these days that a single Dogecoin-themed non-fungible token (NFT / collectible) on Ethereum was sold for almost $70k. Mark Cuban, the owner of Dallas Mavericks, has even calculated that Dogecoin can reach the dollar.

According to him, the team has done over 20,000 DOGE. If they’re keep going like this, they can really help to boost the Dogecoin price.

He’s not the only one to believe it. Popular analysts have placed this coin between $0.006 and $1 by late 2021. Others have even bet to $10 – $50 in the next five years. Of course, is never a safe bet, but who had guessed its growth so far? Not even its founder, Billy Markus, as he declared recently in an open letter.

“People are talking about Dogecoin going to $1 – that would make the ‘market cap’ larger than actual companies that provide services to millions, such as Boeing, Starbucks, American Express, IBM. Does Dogecoin deserve that? That is not something I can comprehend, let alone answer.”

The power of the culture can be huge. And Dogecoin is part of it. For now, we can just wait and see from the rank #14 in market capitalization and a price of over $0.0056 per coin. Who knows if we can profit or lose it all tomorrow? But as Billy Markus confessed: “Dogecoin and the Dogecoin community can be a force for good”.

Read more about crypto and blockchain in the official Alfacash blog

About the Author

Isabel Pérez, Alfacash

Literature professional in the crypto-world since 2016. Writer, researcher, and bitcoiner. Working for a better world, with more decentralization and coffee.

 

 

 

Image by Marcel Heidemann from Pixabay