Ecoer Logo
VOTING POWER100.00%
DOWNVOTE POWER100.00%
RESOURCE CREDITS100.00%
REPUTATION PROGRESS73.75%
Net Worth
2.550USD
STEEM
0.027STEEM
SBD
0.021SBD
Own SP
46.898SP

Detailed Balance

STEEM
balance
0.027STEEM
market_balance
0.000STEEM
savings_balance
0.000STEEM
reward_steem_balance
0.000STEEM
STEEM POWER
Own SP
46.898SP
Delegated Out
0.000SP
Delegation In
0.000SP
Effective Power
46.898SP
Reward SP (pending)
0.023SP
SBD
sbd_balance
0.000SBD
sbd_conversions
0.000SBD
sbd_market_balance
0.000SBD
savings_sbd_balance
0.000SBD
reward_sbd_balance
0.021SBD
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  "reward_steem_balance": "0.000 STEEM",
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  "savings_sbd_balance": "0.000 SBD",
  "reward_sbd_balance": "0.021 SBD",
  "conversions": []
}

Account Info

nameblockcommerce
id1284173
rank42,757
reputation7239691343274
created2019-06-12T16:48:24
recovery_accountblocktrades
proxyNone
post_count129
comment_count0
lifetime_vote_count0
witnesses_voted_for0
last_post2021-08-24T17:48:18
last_root_post2021-08-24T17:48:18
last_vote_time2023-03-23T20:18:21
proxied_vsf_votes0, 0, 0, 0
can_vote1
voting_power9,799
delayed_votes0
balance0.027 STEEM
savings_balance0.000 STEEM
sbd_balance0.000 SBD
savings_sbd_balance0.000 SBD
vesting_shares76368.042562 VESTS
delegated_vesting_shares0.000000 VESTS
received_vesting_shares0.000000 VESTS
reward_vesting_balance43.404110 VESTS
vesting_balance0.000 STEEM
vesting_withdraw_rate0.000000 VESTS
next_vesting_withdrawal1969-12-31T23:59:59
withdrawn180561526733
to_withdraw180561526733
withdraw_routes0
savings_withdraw_requests0
last_account_recovery1970-01-01T00:00:00
reset_accountnull
last_owner_update1970-01-01T00:00:00
last_account_update2019-06-12T18:59:09
minedNo
sbd_seconds779,787
sbd_last_interest_payment2020-12-28T18:11:42
savings_sbd_last_interest_payment1970-01-01T00:00:00
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  "proxy": "",
  "last_owner_update": "1970-01-01T00:00:00",
  "last_account_update": "2019-06-12T18:59:09",
  "created": "2019-06-12T16:48:24",
  "mined": false,
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  "comment_count": 0,
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Withdraw Routes

IncomingOutgoing
Empty
Empty
{
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}
From Date
To Date
2024/06/25 06:08:33
parent authorblockcommerce
parent permlinkrare-collectibles-layer-2-utilization-and-polkamon-a-next-generation-nft
authorrandolbatch
permlinksfme53
title
bodyHow often do you spend time playing games? I'm just used to using useful software and advice. I recently found <a href="http://adventinfosoft.com">flipkart app download for laptop</a>. Now I know how to do it and it’s not difficult at all. On the website you will find all the instructions and useful games. Good luck to you!
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      "author": "randolbatch",
      "permlink": "sfme53",
      "title": "",
      "body": "How often do you spend time playing games? I'm just used to using useful software and advice. I recently found <a href=\"http://adventinfosoft.com\">flipkart app download for laptop</a>. Now I know how to do it and it’s not difficult at all. On the website you will find all the instructions and useful games. Good luck to you!",
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2023/04/17 15:27:45
voterisaul77
authorblockcommerce
permlinkrare-collectibles-layer-2-utilization-and-polkamon-a-next-generation-nft
weight10000 (100.00%)
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2023/03/24 01:55:36
parent authorblockcommerce
parent permlinkrare-collectibles-layer-2-utilization-and-polkamon-a-next-generation-nft
authorsandragriffin
permlinkrs05cn
title
bodyThanks for sharing this post on NFTs. For those wondering, NFTs are unique digital assets that are gaining popularity in the crypto space. They can represent anything from sports cards to virtual real estate and are verified and authenticated on the blockchain. Polkamon is an interesting example of a 3D NFT that can be used in various ways. If you want to learn more about NFTs, check out this link: https://theappsolutions.com/blog/development/what-is-an-nft/.
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      "author": "sandragriffin",
      "permlink": "rs05cn",
      "title": "",
      "body": "Thanks for sharing this post on NFTs. For those wondering, NFTs are unique digital assets that are gaining popularity in the crypto space. They can represent anything from sports cards to virtual real estate and are verified and authenticated on the blockchain. Polkamon is an interesting example of a 3D NFT that can be used in various ways. If you want to learn more about NFTs, check out this link: https://theappsolutions.com/blog/development/what-is-an-nft/.",
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2023/03/23 20:18:21
voterblockcommerce
authortradetalkscrypto
permlinkartificial-intelligence-and-blockchain-integration-in-business-trends-from-the-video-content-space
weight10000 (100.00%)
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2023/03/10 17:41:33
parent authorblockcommerce
parent permlinkrare-collectibles-layer-2-utilization-and-polkamon-a-next-generation-nft
authorhankdry
permlinkrrbft9
title
bodySurely many of you have already heard about the NFT and the concept of blue chips. If you'd like to read this definition in more detail, I recommend reading this article https://blog.alphaguilty.io/what-is-a-blue-chip-nft. Because here they will tell you more about this term, and also explain how an ordinary NFT project falls into this league. By the way, here you can find tips on what to look for when choosing a project.
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      "permlink": "rrbft9",
      "title": "",
      "body": "Surely many of you have already heard about the NFT and the concept of blue chips. If you'd like to read this definition in more detail, I recommend reading this article https://blog.alphaguilty.io/what-is-a-blue-chip-nft. Because here they will tell you more about this term, and also explain how an ordinary NFT project falls into this league. By the way, here you can find tips on what to look for when choosing a project.",
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2023/03/01 16:52:15
voterblockcommerce
authorenterpriseblock
permlinkalpine-esports-signs-qanplatform-as-its-official-blockchain-partner-to-support-fan-engagement-team-performance-and-operations
weight10000 (100.00%)
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2022/11/17 17:59:57
voterblockcommerce
authorenterpriseblock
permlinkintegrating-finance-services-into-one-pioneering-platform-a-new-dawn-of-blockchain-lending-with-nolus
weight10000 (100.00%)
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2022/10/25 10:23:21
voterblockcommerce
authorenterpriseblock
permlink6-nft-marketplace-tokens-to-watch
weight10000 (100.00%)
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2022/10/03 17:11:03
voterblockcommerce
authorenterpriseblock
permlinkthe-impact-vcs-have-on-startups
weight10000 (100.00%)
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2022/09/16 10:06:00
parent authorblockcommerce
parent permlinkrare-collectibles-layer-2-utilization-and-polkamon-a-next-generation-nft
authormilaniask
permlinkrias1x
title
bodyYou're right, getting in the NFT market can be quite profitable if you manage to learn all the basics and keep up with the latest news. Personally, I regularly check Medium to find useful articles, and for instance, you can take a look at <a href="https://envelop.medium.com/niftsy-nft-digest-14-777ed510c9c7">Envelop Digest #14</a>, it's actually great for people who are interested in this market.
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      "parent_author": "blockcommerce",
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      "author": "milaniask",
      "permlink": "rias1x",
      "title": "",
      "body": "You're right, getting in the NFT market can be quite profitable if you manage to learn all the basics and keep up with the latest news. Personally, I regularly check Medium to find useful articles, and for instance, you can take a look at <a href=\"https://envelop.medium.com/niftsy-nft-digest-14-777ed510c9c7\">Envelop Digest #14</a>, it's actually great for people who are interested in this market.",
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2022/09/16 09:40:18
parent authorblockcommerce
parent permlinkrare-collectibles-layer-2-utilization-and-polkamon-a-next-generation-nft
authorgoosewashington
permlinkriaqv5
title
bodyAs I know, NFTs can be a pretty good investment. I'm planning to get into this field, but unfortunately, there are not so many reliable sources of info like this one.
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      "author": "goosewashington",
      "permlink": "riaqv5",
      "title": "",
      "body": "As I know, NFTs can be a pretty good investment. I'm planning to get into this field, but unfortunately, there are not so many reliable sources of info like this one.",
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ph-supportsent 0.001 STEEM to @blockcommerce
2022/08/18 01:33:48
fromph-support
toblockcommerce
amount0.001 STEEM
memo
Transaction InfoBlock #66897326/Trx 5a63ddf8df2942e2942f76774262bb457252df61
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2022/08/05 20:48:36
voterblockcommerce
authormycryptomark
permlinkmetamask-and-its-meteoric-rise-to-defi-s-number-1-wallet
weight10000 (100.00%)
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2022/06/28 10:32:57
voterblockcommerce
authorpetrowallace
permlinkdaos-will-make-financial-services-truly-collaborative-and-equal-in-nature
weight10000 (100.00%)
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2022/06/22 18:22:18
voterblockcommerce
authorenterpriseblock
permlinkhow-kolnet-will-redefine-marketing-for-web3
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2022/06/21 18:57:09
voterblockcommerce
authorenterpriseblock
permlinkwhy-is-the-future-of-the-blockchain-ecosystem-cross-chain
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2022/06/21 09:29:09
voterblockcommerce
authorenterpriseblock
permlinkkolnet-revolutionizing-crypto-fundraising-and-marketing-approach
weight10000 (100.00%)
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2022/06/16 15:42:12
voterblockcommerce
authorpetrowallace
permlinkregulations-are-coming-to-defi-whether-we-like-it-or-not
weight10000 (100.00%)
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2022/05/17 22:18:18
voterblockcommerce
authorenterpriseblock
permlinkspool-offers-premium-returns-on-stablecoins-thanks-to-smart-yield-generation
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2022/04/28 10:52:54
parent authorblockcommerce
parent permlinkgamers-to-earn-in-a-player-driven-economy-powered-by-chainguardians
authorwallitor
permlinkrb1q76
title
bodyHello. I often play different games on cryptocurrency. It is quite interesting way to spend time and earn some money. There are many cool sites where you can try different gaming genres. Like example visit https://duckdice.io/dice/ada-cardano it is one of my favorites!
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      "body": "Hello. I often play different games on cryptocurrency. It is quite interesting way to spend time and earn some money. There are many cool sites where you can try different gaming genres. Like example visit https://duckdice.io/dice/ada-cardano it is one of my favorites!",
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2022/01/31 23:54:27
voterplayplay
authorblockcommerce
permlinkrare-collectibles-layer-2-utilization-and-polkamon-a-next-generation-nft
weight10000 (100.00%)
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2021/12/06 18:15:57
parent authorblockcommerce
parent permlinkrare-collectibles-layer-2-utilization-and-polkamon-a-next-generation-nft
authorlidar56
permlinkr3phed
title
bodyI am for active recreation for children, so I like ezplay https://ezplaytoys.com/. Here you can find many toys for children and for them to have an active time. My son is 1 and 3 months old and I have a lot of educational toys for him from this online store. He likes these toys very much. Are you for an active holiday for a child?
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project.hopesent 0.011 STEEM to @blockcommerce- "Hi @blockcommerce. Would you like to earn solid (115k SP) upvote on your recent post from @project.hope? Check out our recent post for more details. And hopefully you will find this publication worth ..."
2021/11/24 06:06:45
fromproject.hope
toblockcommerce
amount0.011 STEEM
memoHi @blockcommerce. Would you like to earn solid (115k SP) upvote on your recent post from @project.hope? Check out our recent post for more details. And hopefully you will find this publication worth your time and attention. We're explaining our community economy "business model", hoping that more people will join our efforts in the future. // LINk: https://steemit.com/hive-175254/@project.hope/project-hope-economy-explained-2021
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2021/11/01 07:04:15
parent authorblockcommerce
parent permlinkrare-collectibles-layer-2-utilization-and-polkamon-a-next-generation-nft
authorbilanio
permlinkr1vsz2
title
bodyHello. In fact, I didn't even think there would be something that could overtake crypto so easily. I was sure that cryptocurrency and investments in it are much more popular than anything else and it will remain so. In fact, I recently found out about the site https://myimpactpower.org/ and this was the beginning of my acquaintance with any attachments and, in general, with NFT. I didn't know what it was before I found this site. I think this site has given me hope that everything can be fine. Interesting? Read this.
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      "body": "Hello. In fact, I didn't even think there would be something that could overtake crypto so easily. I was sure that cryptocurrency and investments in it are much more popular than anything else and it will remain so. In fact, I recently found out about the site https://myimpactpower.org/ and this was the beginning of my acquaintance with any attachments and, in general, with NFT. I didn't know what it was before I found this site. I think this site has given me hope that everything can be fine. Interesting? Read this.",
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2021/09/19 00:26:36
votergoldeninvestor
authorblockcommerce
permlinkrare-collectibles-layer-2-utilization-and-polkamon-a-next-generation-nft
weight10000 (100.00%)
Transaction InfoBlock #57373364/Trx 70a57080814670b3c1cc05f25f70d97151cd6aa1
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2021/08/24 17:48:18
parent author
parent permlinkcryptocurrency
authorblockcommerce
permlinklocgame-partners-with-ferrum-network-to-launch-new-staking-program-mcw-s-rookie-of-the-year-pool
titleLOCGame Partners With Ferrum Network To Launch New Staking Program; “MCW’s Rookie Of The Year Pool”
body<html> <p><img src="https://www.cryptonewslist.com/wp-content/uploads/2021/08/LOCGame-Partners-with-Ferrum-Network-to-Launch-New-Staking-Program-MCWs-Rookie-Of-The-Year-Pool-1536x1008-1-1024x672.jpeg"/> <br/> <br/>The LOCGame team announced the launch of the ‘’MCW’s Rookie of the Year Pool’’ staking program together with the Ferrum Network – but this time with a twist! This is LOCGame’s “Superstar Edition,” serving as a celebratory event to commemorate their new partnership with legendary basketball star Michael Carter-Williams.</p> <p>The staking program is now live giving investors the chance to earn amazing prizes in the coming months. $LOCG token holders who choose to partake in this program will have the amazing opportunity to earn LOCG, mystery NFT boxes, special edition starter, starter prestige, and starter elite packs.</p> <p>Now, the project’s most loyal fans will have a chance to give their portfolios a nice boost!</p> <p>Since its inception, LOOCGame has always prioritized its community’s needs, allowing them to maximize their unique NFTs by turning them into more than just collectibles. As such, they are elevating the power of DeFi to turn them into lucrative financial vehicles for their investors and users.</p> <p><strong>“MCW’s Rookie of The Year Pool” Staking Program</strong></p> <p>The first step to join the staking program is to hold $LOCG tokens in a MetaMask wallet.</p> <p>Unlike their previous programs, this time, LOCGame is offering a single staking pool, whose benefits are maturity-based and total value locked. To get started, connect your MetaMask wallet, choose how much $LOCG you want to stake, then deposit your tokens directly into the staking pool.</p> <p><strong>Staking Program can be accessed via the smart contact link below:</strong></p> <p>https://locgame.io/staking</p> <p><strong>Staking Terms for ‘’Superstar Edition’’ Pool</strong></p> <p>The program will have a pool cap of 5 million $LOCG with a minimum stake of 400 $LOCG for a single investor. There is a 14-day open window period during which investors can participate. The program will run for 180 days with 15% APR plus multiple other rewards. For those investors with a shorter investment horizon, there is a 90-day maturity option with 5% APR plus 1x starter pack. LOCG has set the staking brackets as follows:</p> <ol><li>400 &lt; 3999 = Starter Prestige</li><li>4000 &lt; 39,999 = Starter Prestige + 4x Booster Regular (No MCW cards)</li><li>40000 &lt; 79,999 = Starter Prestige + 4x Booster Prestige (20 MCW cards)</li><li>80000 &lt; = Starter Elite + 4x Booster Elite (20 MCW cards)</li></ol> <p>The rewards for the 90-day option include $LOCG tokens, the LOCG 1st edition starter pack that features a playable deck of 20x 1st Edition Standard Border Cards.</p> <p>For the 180-day options the rewards are distributed according to the staking brackets. For the starter prestige, investors get the prestige starter pack that features the 1st Edition playable deck of 20x Gold Border Cards and 1 guaranteed LEGENDARY Gold Bordered Card!</p> <p>Elite Starter Pack investors get the 1st Edition playable deck of 20x Diamond Border Cards and 1 guaranteed LEGENDARY Diamond Bordered Card! The investors also get the Prestige Michael Carter Williams Boosters x 4 with each featuring 5 MCW World Gold Border Cards and a chance to win EPIC PERKS!</p> <p><strong>EPIC PERKS</strong> are won by opening Prestige and Elite Michael Carter Williams Boosters, which</p> <p>include:</p> <ul><li>Inclusion into the MCW LoCG Discord Channel</li><li>A once in a lifetime opportunity to directly talk to Michael Carter Williams online</li><li>Signed Michael Carter Williams memorabilia</li><li>Game tickets</li></ul> <p>LOCGame is looking forward to everyone engaging in their staking program so that they can all enjoy the sweet rewards that are in store for them!</p> </html>
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Transaction InfoBlock #56650504/Trx 8cd8ec8973cce5b029248c54c21d4dd2bf0915d9
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      "parent_author": "",
      "parent_permlink": "cryptocurrency",
      "author": "blockcommerce",
      "permlink": "locgame-partners-with-ferrum-network-to-launch-new-staking-program-mcw-s-rookie-of-the-year-pool",
      "title": "LOCGame Partners With Ferrum Network To Launch New Staking Program; “MCW’s Rookie Of The Year Pool”",
      "body": "<html>\n<p><img src=\"https://www.cryptonewslist.com/wp-content/uploads/2021/08/LOCGame-Partners-with-Ferrum-Network-to-Launch-New-Staking-Program-MCWs-Rookie-Of-The-Year-Pool-1536x1008-1-1024x672.jpeg\"/>\r<br/>\r<br/>The LOCGame team announced the launch of the ‘’MCW’s Rookie of the Year Pool’’ staking program together with the Ferrum Network – but this time with a twist! This is LOCGame’s “Superstar Edition,” serving as a celebratory event to commemorate their new partnership with legendary basketball star Michael Carter-Williams.</p>\n<p>The staking program is now live giving investors the chance to earn amazing prizes in the coming months. $LOCG token holders who choose to partake in this program will have the amazing opportunity to earn LOCG, mystery NFT boxes, special edition starter, starter prestige, and starter elite packs.</p>\n<p>Now, the project’s most loyal fans will have a chance to give their portfolios a nice boost!</p>\n<p>Since its inception, LOOCGame has always prioritized its community’s needs, allowing them to maximize their unique NFTs by turning them into more than just collectibles. As such, they are elevating the power of DeFi to turn them into lucrative financial vehicles for their investors and users.</p>\n<p><strong>“MCW’s Rookie of The Year Pool” Staking Program</strong></p>\n<p>The first step to join the staking program is to hold $LOCG tokens in a MetaMask wallet.</p>\n<p>Unlike their previous programs, this time, LOCGame is offering a single staking pool, whose benefits are maturity-based and total value locked. To get started, connect your MetaMask wallet, choose how much $LOCG you want to stake, then deposit your tokens directly into the staking pool.</p>\n<p><strong>Staking Program can be accessed via the smart contact link below:</strong></p>\n<p>https://locgame.io/staking</p>\n<p><strong>Staking Terms for ‘’Superstar Edition’’ Pool</strong></p>\n<p>The program will have a pool cap of 5 million $LOCG with a minimum stake of 400 $LOCG for a single investor. There is a 14-day open window period during which investors can participate. The program will run for 180 days with 15% APR plus multiple other rewards. For those investors with a shorter investment horizon, there is a 90-day maturity option with 5% APR plus 1x starter pack. LOCG has set the staking brackets as follows:</p>\n<ol><li>400 &lt; 3999 = Starter Prestige</li><li>4000 &lt; 39,999 = Starter Prestige + 4x Booster Regular (No MCW cards)</li><li>40000 &lt; 79,999 = Starter Prestige + 4x Booster Prestige (20 MCW cards)</li><li>80000 &lt; = Starter Elite + 4x Booster Elite (20 MCW cards)</li></ol>\n<p>The rewards for the 90-day option include $LOCG tokens, the LOCG 1st edition starter pack that features a playable deck of 20x 1st Edition Standard Border Cards.</p>\n<p>For the 180-day options the rewards are distributed according to the staking brackets. For the starter prestige, investors get the prestige starter pack that features the 1st Edition playable deck of 20x Gold Border Cards and 1 guaranteed LEGENDARY Gold Bordered Card!</p>\n<p>Elite Starter Pack investors get the 1st Edition playable deck of 20x Diamond Border Cards and 1 guaranteed LEGENDARY Diamond Bordered Card! The investors also get the Prestige Michael Carter Williams Boosters x 4 with each featuring 5 MCW World Gold Border Cards and a chance to win EPIC PERKS!</p>\n<p><strong>EPIC PERKS</strong> are won by opening Prestige and Elite Michael Carter Williams Boosters, which</p>\n<p>include:</p>\n<ul><li>Inclusion into the MCW LoCG Discord Channel</li><li>A once in a lifetime opportunity to directly talk to Michael Carter Williams online</li><li>Signed Michael Carter Williams memorabilia</li><li>Game tickets</li></ul>\n<p>LOCGame is looking forward to everyone engaging in their staking program so that they can all enjoy the sweet rewards that are in store for them!</p>\n</html>",
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2021/08/05 17:53:03
parent author
parent permlinkcryptocurrency
authorblockcommerce
permlinkexploring-the-technical-infrastructure-for-defi-price-protection-a-bumper-case-study
titleExploring The Technical Infrastructure For DeFi Price Protection – A Bumper Case Study
body<html> <p><img src="https://www.cryptonewslist.com/wp-content/uploads/2021/08/Bumper-post-technical-1024x576.jpg"/> <br/> <br/>Bumper Finance has announced their “God-mode for Crypto”, a DeFi price protection protocol that protects the prices of assets from any sudden market drops. The innovative protocol promises, at this time of unprecedented uncertainty, to shore up faith for holders of crypto assets. It does this by protecting the value of their assets and also allowing them to benefit from any renewed surge in value as the year rolls on and crypto adoption drags itself kicking and screaming into the world.</p> <p>Such a thrilling prospect has got observers keen to see how the tech behind the protocol stacks up. Yet how exactly does it work?</p> <h3>The Basics Behind Bumper and Bumpered Assets</h3> <p>Bumper Finance sets up two diametric asset pools between the “Takers” of their protection and the “Makers” of liquidity. On one side is ETH (the first asset offered on the protocol), and on the other is the reserve pool of USDC stablecoin built up through their Liquidity Provision Program.</p> <p>Once a user opens a Taker position on the Bumper dApp, their asset is locked and they are furnished with a bASSET in return – in the first instance bETH. This is a fee-bearing token that correlates to their protected position. This bETH can be deployed in other DeFi protocols, for example YEARN, meaning its own productivity as an asset is not squandered; bETH will essentially track the price of ETH but never fall below the protected floor. </p> <p>Makers providing USDC liquidity are given a set of fungible ERC-20 tokens (bUSDC) representing their claim on the stablecoin reserve. These are yield bearing tokens which harvest liquidity over time. This liquidity is paid in stablecoin or in the $BUMP token – its yield ascertained by the protocol in response to market conditions and approved by the governance administered by holders of $BUMP.</p> <p>When a Taker wishes to end protection, they return their bASSET to the protocol and it makes a swap (on redemption) and gives back the asset at the protected price point, minus any fees accumulated. Protection can be cancelled, closed or claimed freely after an initial lock-up period, but this small period helps minimize the volatility in the protocol and acts as a hysteresis against an overabundance of transactional flux. The use of Bumpered assets to represent yield farmers and protection takers claims on the pools results in a near-zero slippage engine, as the majority of gas fees and transaction costs are sidestepped as a result, and the value of protecting yourself through the protocol isn’t demolished by problematic accumulated costs of constant swaps.</p> <h3>Maintaining Aggregate Liability</h3> <p>Naturally, as Makers and Takers constantly realign their positions, the ratios of assets to stablecoin reserves will change. As such, Bumper dynamically reacts to the aggregate amount of liability represented in the asset pools and uses this to offer a series of hierarchical asset tranches (currently three: stablecoin reserve, T1 reserve and T2 reserve) for sophisticated Makers hunting exceptional yields.</p> <p>If market conditions become extreme, and the Reserve-to-Deficit ratio decreases, the volatile pools will yield more $BUMP to those involved. This allows sophisticated Makers who feel the volatility is temporary to earn a better return. By doing so, they then help naturally rebalance the protocol and restore affordable premiums to Takers. Simultaneously premiums, which naturally increase at such times – incentivise Takers to cash their protection and further contribute to re-achieving the correct ratio of assets to stablecoin reserves.</p> <h3>Failsafe Protections</h3> <p>To protect Takers’ asset value, Bumper does this by using first and second order mechanisms to protect the liability in the pool – and a set of cascading redundancy modules should these measures not prove sufficient. Through decentralized governance, premiums, yields and token distributions are altered to ensure there is balance and the target ratio is maintained. The Bumper protocol is replete with natural incentives to keep the protocol stable and insulated against even extreme market conditions.</p> <p>However, should these measures not prove to be enough – arbitrage bots will be allowed into the protocol to trade with the asset pool. If the arbitrage incentive is insufficient, then community permissioned trades authorized by holders of $BUMP will take place on DEXs to ensure asset liability is covered. Although this is an extreme measure, this is expected to cover any serious liability incurred as a result of market conditions. Finally, Bumper Finance has a prudential capital reserve in its back pocket that is ready to be deployed as a final backstop to keep the protocol healthily balanced.</p> <h3>No More Bumps in the Road</h3> <p>This innovative tiered protection model and the use of Bumpered assets and stablecoins to represent claims on the asset pools, while still remaining entirely fungible, is the secret sauce that makes Bumper Finance’s protocol so attractive to VCs, liquidity providers and general users alike. The entire protocol is naturally incentivised to keep itself balanced no matter what the market does, while also being backed up by protections that are decisive and community-governed to make sure all liabilities are covered. The technical infrastructure behind the project makes the protection it offers unparalleled in the DeFi space, while facilitating a wider confidence in the market as a whole.</p> </html>
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Transaction InfoBlock #56106958/Trx 352a0f8ae16aea18d3acce5143bea3a73bf9149b
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      "author": "blockcommerce",
      "permlink": "exploring-the-technical-infrastructure-for-defi-price-protection-a-bumper-case-study",
      "title": "Exploring The Technical Infrastructure For DeFi Price Protection – A Bumper Case Study",
      "body": "<html>\n<p><img src=\"https://www.cryptonewslist.com/wp-content/uploads/2021/08/Bumper-post-technical-1024x576.jpg\"/>\r<br/>\r<br/>Bumper Finance has announced their “God-mode for Crypto”, a DeFi price protection protocol that protects the prices of assets from any sudden market drops. The innovative protocol promises, at this time of unprecedented uncertainty, to shore up faith for holders of crypto assets. It does this by protecting the value of their assets and also allowing them to benefit from any renewed surge in value as the year rolls on and crypto adoption drags itself kicking and screaming into the world.</p>\n<p>Such a thrilling prospect has got observers keen to see how the tech behind the protocol stacks up. Yet how exactly does it work?</p>\n<h3>The Basics Behind Bumper and Bumpered Assets</h3>\n<p>Bumper Finance sets up two diametric asset pools between the “Takers” of their protection and the “Makers” of liquidity. On one side is ETH (the first asset offered on the protocol), and on the other is the reserve pool of USDC stablecoin built up through their Liquidity Provision Program.</p>\n<p>Once a user opens a Taker position on the Bumper dApp, their asset is locked and they are furnished with a bASSET in return – in the first instance bETH. This is a fee-bearing token that correlates to their protected position. This bETH can be deployed in other DeFi protocols, for example YEARN, meaning its own productivity as an asset is not squandered; bETH will essentially track the price of ETH but never fall below the protected floor. </p>\n<p>Makers providing USDC liquidity are given a set of fungible ERC-20 tokens (bUSDC) representing their claim on the stablecoin reserve. These are yield bearing tokens which harvest liquidity over time. This liquidity is paid in stablecoin or in the $BUMP token – its yield ascertained by the protocol in response to market conditions and approved by the governance administered by holders of $BUMP.</p>\n<p>When a Taker wishes to end protection, they return their bASSET to the protocol and it makes a swap (on redemption) and gives back the asset at the protected price point, minus any fees accumulated. Protection can be cancelled, closed or claimed freely after an initial lock-up period, but this small period helps minimize the volatility in the protocol and acts as a hysteresis against an overabundance of transactional flux. The use of Bumpered assets to represent yield farmers and protection takers claims on the pools results in a near-zero slippage engine, as the majority of gas fees and transaction costs are sidestepped as a result, and the value of protecting yourself through the protocol isn’t demolished by problematic accumulated costs of constant swaps.</p>\n<h3>Maintaining Aggregate Liability</h3>\n<p>Naturally, as Makers and Takers constantly realign their positions, the ratios of assets to stablecoin reserves will change. As such, Bumper dynamically reacts to the aggregate amount of liability represented in the asset pools and uses this to offer a series of hierarchical asset tranches (currently three: stablecoin reserve, T1 reserve and T2 reserve) for sophisticated Makers hunting exceptional yields.</p>\n<p>If market conditions become extreme, and the Reserve-to-Deficit ratio decreases, the volatile pools will yield more $BUMP to those involved. This allows sophisticated Makers who feel the volatility is temporary to earn a better return. By doing so, they then help naturally rebalance the protocol and restore affordable premiums to Takers. Simultaneously premiums, which naturally increase at such times – incentivise Takers to cash their protection and further contribute to re-achieving the correct ratio of assets to stablecoin reserves.</p>\n<h3>Failsafe Protections</h3>\n<p>To protect Takers’ asset value, Bumper does this by using first and second order mechanisms to protect the liability in the pool – and a set of cascading redundancy modules should these measures not prove sufficient. Through decentralized governance, premiums, yields and token distributions are altered to ensure there is balance and the target ratio is maintained. The Bumper protocol is replete with natural incentives to keep the protocol stable and insulated against even extreme market conditions.</p>\n<p>However, should these measures not prove to be enough – arbitrage bots will be allowed into the protocol to trade with the asset pool. If the arbitrage incentive is insufficient, then community permissioned trades authorized by holders of $BUMP will take place on DEXs to ensure asset liability is covered. Although this is an extreme measure, this is expected to cover any serious liability incurred as a result of market conditions. Finally, Bumper Finance has a prudential capital reserve in its back pocket that is ready to be deployed as a final backstop to keep the protocol healthily balanced.</p>\n<h3>No More Bumps in the Road</h3>\n<p>This innovative tiered protection model and the use of Bumpered assets and stablecoins to represent claims on the asset pools, while still remaining entirely fungible, is the secret sauce that makes Bumper Finance’s protocol so attractive to VCs, liquidity providers and general users alike. The entire protocol is naturally incentivised to keep itself balanced no matter what the market does, while also being backed up by protections that are decisive and community-governed to make sure all liabilities are covered. The technical infrastructure behind the project makes the protection it offers unparalleled in the DeFi space, while facilitating a wider confidence in the market as a whole.</p>\n</html>",
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2021/07/28 15:51:30
parent author
parent permlinkcryptocurrency
authorblockcommerce
permlinkprotecting-assets-market-drops-bumper-launches-lucrative-lp-program
titleProtecting Assets Market Drops – Bumper Launches Lucrative LP Program
body<html> <p><img src="https://www.cryptonewslist.com/wp-content/uploads/2021/07/yahoo-bumper-chart.jpg"/> <br/> <br/>Bumper Finance’s lucrative liquidity program has arrived! Investors wanting to put their stablecoin reserves to work during this time of unprecedented certainty now have an exciting option to support a protocol that promises to make the savage dips of recent crypto history a thing of the past – at least for those involved in the novel DeFi protection protocol.</p> <p>Bumper Finance is offering early providers of liquidity to the protocol an astonishing 300%+ APR on their stablecoin reserves. Many crypto veterans are currently holding plenty of stablecoins after the recent bull surge and retracement and want to put them to use, and Bumper Finance offers an excellent way to do that.</p> <h3>Concerns about Volatility</h3> <p>There is plenty of talk that the bear market has begun, but equal hope that this is merely a period of reconciliation before the next great surge. Investors who do not want to cash out their portfolio but are worried about sudden price drops face a difficult choice. If they exchange their portfolio for stablecoins, they may miss out on a renewed push to asset ATHs – while also being unable to provide their crypto to DeFi protocols to harvest yields. If they keep their assets, then government regulations and media FUD may continue to push down on portfolio values.</p> <p>As with all emerging asset classes, crypto is prone to serious volatility. Even the most ardent supporter of the distributed ledgers of the future acknowledge that the heavy swings can make life difficult at times. Seeing patiently harvested yields obliterated by a single piece of news can be disheartening. However, it’s just as disheartening to see the federal government devalue the dollar on the daily. So what’s the solution? Stop-Losses can be useful, but they are cumbersome, finickity, and prone to being triggered by random flash crashes.</p> <h3>How Bumper Protects Assets from Volatility</h3> <p>Enter Bumper Finance and its radical Defi protection protocol. Founded alongside development partner Block8, it heralds a new approach to crypto price fluctuations. By using it, holders can protect the price of their assets by paying a small premium. For example, if a user wants to shield 90% of the USDC value of their Ethereum (the first asset available on the protocol), they pay around 3% per annum for a policy. The protection is only locked for 2 weeks, meaning that it’s easy enough for someone to change their mind going forward.</p> <p>If the worst happens, and the price of Ethereum falls 30%, the user can cash out their policy and keep the 20% difference, minus the premium. It opens the door to tactically cashing out policies too and reinvesting the stablecoin into further crypto assets. Best of all, if Ethereum’s price soars back to its ATH, then policy holders enjoy all the benefits of the rise – as the asset is still theirs to keep, and can even be further reinvested into secondary pools to continue gaining yields.</p> <p>Where do those premiums go? Well, they go straight to the providers of liquidity – the makers – as a reward for providing the capital protection to the protocol. Yields are paid out in USDC and depositors also receive the protocol’s native $BUMP token for engaging with the protocol. This allows users to orchestrate governance and guide the protocol as it develops. Of course, those tokens can also be sold on the open market for a satisfying return.</p> <h3>How the Liquidity Program Rewards Backers</h3> <p>Bumper Finance’s liquidity program is generous. Day 1 investors who lock their funds for 3 months can expect approximately 100% APR on their stablecoin deposits from the yields of $BUMP generated by policyholders. Throughout the 12 week period, $22 million of $BUMP is available to be farmed. </p> <p>What’s more, getting in early provides access to a private sale before the public sale goes live. USDC depositors will be able to buy up to 20% of the value of their deposit in $BUMP. </p> <p>Of course, the unique protection offered by Bumper means that TVL could be far exceeded – and the corresponding value of the token could go higher still. Rewards are sliding, and only early investors will be allowed into the private sale. However, those wishing to support Bumper’s ambitious protocol can do so at any time during the 12 week period by using the Bumper dApp.</p> <h2>Lucrative Protection</h2> <p>The intriguing thing about Bumper Finance and $BUMP is the knock-on effects it could have on the DeFi space. Once the protocol is fully running and is helping holders lock in the price of their crypto assets and reward stablecoin holders with significant yields, it promises to provide a route to confidence for many investors and help buoy the market as a whole. </p> <p>The team’s marketing calls it “God-mode for crypto”, and it certainly will feel like a miracle to those who have patiently accumulated their assets and want to underline a price floor that they never have to go below. The DeFi space will flourish as a result of protection from sudden price drops and the chance for more assets to be put productively to work. The crypto market is due for a little bump to help it out – and with $BUMP, it has just found it.</p> </html>
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Transaction InfoBlock #55875637/Trx e55172ec6c45da10512c170179e9c8b98cf3f287
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      "parent_permlink": "cryptocurrency",
      "author": "blockcommerce",
      "permlink": "protecting-assets-market-drops-bumper-launches-lucrative-lp-program",
      "title": "Protecting Assets Market Drops – Bumper Launches Lucrative LP Program",
      "body": "<html>\n<p><img src=\"https://www.cryptonewslist.com/wp-content/uploads/2021/07/yahoo-bumper-chart.jpg\"/>\r<br/>\r<br/>Bumper Finance’s lucrative liquidity program has arrived! Investors wanting to put their stablecoin reserves to work during this time of unprecedented certainty now have an exciting option to support a protocol that promises to make the savage dips of recent crypto history a thing of the past – at least for those involved in the novel DeFi protection protocol.</p>\n<p>Bumper Finance is offering early providers of liquidity to the protocol an astonishing 300%+ APR on their stablecoin reserves. Many crypto veterans are currently holding plenty of stablecoins after the recent bull surge and retracement and want to put them to use, and Bumper Finance offers an excellent way to do that.</p>\n<h3>Concerns about Volatility</h3>\n<p>There is plenty of talk that the bear market has begun, but equal hope that this is merely a period of reconciliation before the next great surge. Investors who do not want to cash out their portfolio but are worried about sudden price drops face a difficult choice. If they exchange their portfolio for stablecoins, they may miss out on a renewed push to asset ATHs – while also being unable to provide their crypto to DeFi protocols to harvest yields. If they keep their assets, then government regulations and media FUD may continue to push down on portfolio values.</p>\n<p>As with all emerging asset classes, crypto is prone to serious volatility. Even the most ardent supporter of the distributed ledgers of the future acknowledge that the heavy swings can make life difficult at times. Seeing patiently harvested yields obliterated by a single piece of news can be disheartening. However, it’s just as disheartening to see the federal government devalue the dollar on the daily. So what’s the solution? Stop-Losses can be useful, but they are cumbersome, finickity, and prone to being triggered by random flash crashes.</p>\n<h3>How Bumper Protects Assets from Volatility</h3>\n<p>Enter Bumper Finance and its radical Defi protection protocol. Founded alongside development partner Block8, it heralds a new approach to crypto price fluctuations. By using it, holders can protect the price of their assets by paying a small premium. For example, if a user wants to shield 90% of the USDC value of their Ethereum (the first asset available on the protocol), they pay around 3% per annum for a policy. The protection is only locked for 2 weeks, meaning that it’s easy enough for someone to change their mind going forward.</p>\n<p>If the worst happens, and the price of Ethereum falls 30%, the user can cash out their policy and keep the 20% difference, minus the premium. It opens the door to tactically cashing out policies too and reinvesting the stablecoin into further crypto assets. Best of all, if Ethereum’s price soars back to its ATH, then policy holders enjoy all the benefits of the rise – as the asset is still theirs to keep, and can even be further reinvested into secondary pools to continue gaining yields.</p>\n<p>Where do those premiums go? Well, they go straight to the providers of liquidity – the makers – as a reward for providing the capital protection to the protocol. Yields are paid out in USDC and depositors also receive the protocol’s native $BUMP token for engaging with the protocol. This allows users to orchestrate governance and guide the protocol as it develops. Of course, those tokens can also be sold on the open market for a satisfying return.</p>\n<h3>How the Liquidity Program Rewards Backers</h3>\n<p>Bumper Finance’s liquidity program is generous. Day 1 investors who lock their funds for 3 months can expect approximately 100% APR on their stablecoin deposits from the yields of $BUMP generated by policyholders. Throughout the 12 week period, $22 million of $BUMP is available to be farmed. </p>\n<p>What’s more, getting in early provides access to a private sale before the public sale goes live. USDC depositors will be able to buy up to 20% of the value of their deposit in $BUMP. </p>\n<p>Of course, the unique protection offered by Bumper means that TVL could be far exceeded – and the corresponding value of the token could go higher still. Rewards are sliding, and only early investors will be allowed into the private sale. However, those wishing to support Bumper’s ambitious protocol can do so at any time during the 12 week period by using the Bumper dApp.</p>\n<h2>Lucrative Protection</h2>\n<p>The intriguing thing about Bumper Finance and $BUMP is the knock-on effects it could have on the DeFi space. Once the protocol is fully running and is helping holders lock in the price of their crypto assets and reward stablecoin holders with significant yields, it promises to provide a route to confidence for many investors and help buoy the market as a whole. </p>\n<p>The team’s marketing calls it “God-mode for crypto”, and it certainly will feel like a miracle to those who have patiently accumulated their assets and want to underline a price floor that they never have to go below. The DeFi space will flourish as a result of protection from sudden price drops and the chance for more assets to be put productively to work. The crypto market is due for a little bump to help it out – and with $BUMP, it has just found it.</p>\n</html>",
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2021/07/26 09:47:15
parent author
parent permlinkcryptocurrency
authorblockcommerce
permlinkonomy-protocol-opens-the-door-for-institutions-to-adopt-defi
titleOnomy Protocol Opens The Door For Institutions To Adopt DeFi
body<html> <p><img src="https://www.cryptonewslist.com/wp-content/uploads/2021/07/unnamed-1024x536.jpg"/> <br/> <br/>Onomy Protocol has recently announced plans to open the world of Decentralized Finance (DeFi) to traditional Centralized Finance (CeFi) operators with its ambitious cross-chain stablecoin infrastructure. </p> <p>Institutions worldwide are looking to tap into blockchain’s edge on secure, trustless, and quick transactions. Financial entities are aware there is a Great Financial Migration currently underway, but they face significant stumbling blocks as they move their currency operations on-chain. Goldman Sachs’ Crypto Trading Desk is one of the first forays into blockchain by a major bank, with private entities like Fidelity Investments providing enterprise-grade custody and execution services for institutional investors. Likewise, JPMorgan has just announced plans to give wealth clients direct access to crypto funds.</p> <p>Despite the acknowledgement of the promising underlying technology, volatility is cited as the primary concern holding back traditional institutions. This has led to the proliferation of ‘stablecoins’ that are digital crypto tokens pegged to major national currencies, enabling access to decentralized finance and crypto financial infrastructure whilst evading volatility concerns. Stablecoins have grown from a market capitalization of $10B, to over $108B within the year, spawning an entirely new segment of financial products that offer extremely competitive yield when compared to traditional financial products. Stablecoins are currently dominated by US Dollars, but Onomy Protocol sees an imminent future wherein other major national currencies will gain prominence in the cryptocurrency space – opening the door to foreign currency exchange markets (Forex) migrating on-chain.</p> <p>Onomy Protocol provides the bridge for this migration, empowering institutions to onboard their fiat exchange operations on-chain through the use of stablecoins, conceiving a new and enhanced outlet for the $6.6 trillion daily volume traded across the foreign exchange markets. Through Onomy, users are empowered with a secure platform to onboard their liquidity into decentralized finance in a manner that evades volatility concerns and provides access to novel products and yield opportunities not present in traditional finance. </p> <p>By making Forex more accessible by plugging it into the booming blockchain economy, it opens opportunities for banks, enterprises, and retail users to enhance the utility of their assets. Institutions have traditionally struggled to implement new technologies at scale due to the size of their operations and depth of asset pools, but Onomy Protocol’s products will sustain the migration. </p> <p>Moreover, each blockchain platform is siloed unto itself, increasing friction and inefficiencies when attempting to exchange assets cross-chain. Onomy is built on cross-chain architecture, enabling assets to transfer freely amongst prominent blockchain economies.</p> <p>Onomy Protocol bolsters adoption through the suite of products available on its ecosystem, powered by the ONET blockchain, a Proof-of-Stake and application-specific network operating at unprecedented efficiency. These include the ONEX (Onomy Exchange), a hybrid DEX that converges automated market maker (AMM) and order book functionalities into a standalone stablecoin &amp; native assets exchange, suitable for emulating the Forex market on-chain. </p> <p>The stablecoin economy is a force to be reckoned with, granted that even under the heavy storm of market plunges, stablecoins have proven resilient and have effectively maintained their peg , allowing for the entire market to grow due to the confidence in these digital safe havens.</p> <p>Onomy Protocol therefore plans to build on the success of fiat-pegged digital assets, opening this economy to holders of the world’s 100+ currencies, who may easily mint, trade, and lend stablecoins. </p> <p>Institutions will participate and onboard liquidity into a cross-chain stablecoin economy in an efficient manner that emulates and eventually supersedes their traditional operations. With trustless transactions being validated at speed, financial institutions can leverage their currency reserves to take advantage of the DeFi marketplace and other opportunities that develop as blockchain technology evolves.</p> <p>To enact this goal, Onomy has announced one of its partnerships with Avalanche, a prominent and interoperable blockchain economy backed by Andreesen Horowitz’s A16z crypto fund, which facilitates the deployment of decentralized apps and enterprise blockchains. </p> <p>Onomy Protocol aims to serve as the world’s decentralized reserve bank. In allowing both retail and institutional users to mint, deploy, exchange and utilize their currency reserves through digital stablecoins that can interact with the entire DeFi landscape, it solves long-standing issues that hamper the potential of the Forex market. Just as the computer and the movement away from the gold-standard unleashed an economic explosion in the mid-seventies, Onomy hopes to be the bridge that realizes the potential of currency markets, and currency itself.</p> <p><strong>Email</strong>: <a href="mailto:[email protected]">[email protected]</a></p> </html>
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Transaction InfoBlock #55811163/Trx f1b94962a02eb74c31efc3bdf621f69902ede004
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      "parent_permlink": "cryptocurrency",
      "author": "blockcommerce",
      "permlink": "onomy-protocol-opens-the-door-for-institutions-to-adopt-defi",
      "title": "Onomy Protocol Opens The Door For Institutions To Adopt DeFi",
      "body": "<html>\n<p><img src=\"https://www.cryptonewslist.com/wp-content/uploads/2021/07/unnamed-1024x536.jpg\"/>\r<br/>\r<br/>Onomy Protocol has recently announced plans to open the world of Decentralized Finance (DeFi) to traditional Centralized Finance (CeFi) operators with its ambitious cross-chain stablecoin infrastructure. </p>\n<p>Institutions worldwide are looking to tap into blockchain’s edge on secure, trustless, and quick transactions. Financial entities are aware there is a Great Financial Migration currently underway, but they face significant stumbling blocks as they move their currency operations on-chain. Goldman Sachs’ Crypto Trading Desk is one of the first forays into blockchain by a major bank, with private entities like Fidelity Investments providing enterprise-grade custody and execution services for institutional investors. Likewise, JPMorgan has just announced plans to give wealth clients direct access to crypto funds.</p>\n<p>Despite the acknowledgement of the promising underlying technology, volatility is cited as the primary concern holding back traditional institutions. This has led to the proliferation of ‘stablecoins’ that are digital crypto tokens pegged to major national currencies, enabling access to decentralized finance and crypto financial infrastructure whilst evading volatility concerns. Stablecoins have grown from a market capitalization of $10B, to over $108B within the year, spawning an entirely new segment of financial products that offer extremely competitive yield when compared to traditional financial products. Stablecoins are currently dominated by US Dollars, but Onomy Protocol sees an imminent future wherein other major national currencies will gain prominence in the cryptocurrency space – opening the door to foreign currency exchange markets (Forex) migrating on-chain.</p>\n<p>Onomy Protocol provides the bridge for this migration, empowering institutions to onboard their fiat exchange operations on-chain through the use of stablecoins, conceiving a new and enhanced outlet for the $6.6 trillion daily volume traded across the foreign exchange markets. Through Onomy, users are empowered with a secure platform to onboard their liquidity into decentralized finance in a manner that evades volatility concerns and provides access to novel products and yield opportunities not present in traditional finance. </p>\n<p>By making Forex more accessible by plugging it into the booming blockchain economy, it opens opportunities for banks, enterprises, and retail users to enhance the utility of their assets. Institutions have traditionally struggled to implement new technologies at scale due to the size of their operations and depth of asset pools, but Onomy Protocol’s products will sustain the migration. </p>\n<p>Moreover, each blockchain platform is siloed unto itself, increasing friction and inefficiencies when attempting to exchange assets cross-chain. Onomy is built on cross-chain architecture, enabling assets to transfer freely amongst prominent blockchain economies.</p>\n<p>Onomy Protocol bolsters adoption through the suite of products available on its ecosystem, powered by the ONET blockchain, a Proof-of-Stake and application-specific network operating at unprecedented efficiency. These include the ONEX (Onomy Exchange), a hybrid DEX that converges automated market maker (AMM) and order book functionalities into a standalone stablecoin &amp; native assets exchange, suitable for emulating the Forex market on-chain. </p>\n<p>The stablecoin economy is a force to be reckoned with, granted that even under the heavy storm of market plunges, stablecoins have proven resilient and have effectively maintained their peg , allowing for the entire market to grow due to the confidence in these digital safe havens.</p>\n<p>Onomy Protocol therefore plans to build on the success of fiat-pegged digital assets, opening this economy to holders of the world’s 100+ currencies, who may easily mint, trade, and lend stablecoins. </p>\n<p>Institutions will participate and onboard liquidity into a cross-chain stablecoin economy in an efficient manner that emulates and eventually supersedes their traditional operations. With trustless transactions being validated at speed, financial institutions can leverage their currency reserves to take advantage of the DeFi marketplace and other opportunities that develop as blockchain technology evolves.</p>\n<p>To enact this goal, Onomy has announced one of its partnerships with Avalanche, a prominent and interoperable blockchain economy backed by Andreesen Horowitz’s A16z crypto fund, which facilitates the deployment of decentralized apps and enterprise blockchains. </p>\n<p>Onomy Protocol aims to serve as the world’s decentralized reserve bank. In allowing both retail and institutional users to mint, deploy, exchange and utilize their currency reserves through digital stablecoins that can interact with the entire DeFi landscape, it solves long-standing issues that hamper the potential of the Forex market. Just as the computer and the movement away from the gold-standard unleashed an economic explosion in the mid-seventies, Onomy hopes to be the bridge that realizes the potential of currency markets, and currency itself.</p>\n<p><strong>Email</strong>: <a href=\"mailto:[email protected]\">[email protected]</a></p>\n</html>",
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2021/07/05 14:52:27
parent authorblockcommerce
parent permlinkrare-collectibles-layer-2-utilization-and-polkamon-a-next-generation-nft
authoramandanovnov
permlinkqvs1be
title
bodySo Polkamon is like a game that you can play and get crypto coin as a return?
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2021/06/28 14:35:06
parent author
parent permlinkcryptocurrency
authorblockcommerce
permlinkcryptopunt-announces-world-s-first-effort-at-truly-decentralized-gambling
titleCryptoPunt Announces World’s First Effort At Truly Decentralized Gambling
body<html> <p><img src="https://www.cryptonewslist.com/wp-content/uploads/2021/06/CryptoPunt-BIC-1024x470.jpeg"/> <br/> <br/><strong>The concept of gambling has undergone multiple iterations over the years. What started out as an illegal practice is now considered legal physical and online entertainment in numerous regions.</strong></p> <p>The role of cryptocurrencies in this segment cannot be underestimated, as decentralized gambling is the next step in the evolution to a truly fair ecosystem.</p> <h3><strong>Crypto gambling is on the rise.</strong></h3> <p>Over the past few years, there have been numerous initiatives to combine the best of online gambling and cryptocurrencies. Digital assets provide pseudonymity, improve accessibility, and are widely accepted among casino and gambling providers. It is a payment method that protects both users and providers alike, operating outside the control of banks and governments.</p> <p>Whereas the initial push was focused on centralized platforms accepting cryptocurrency payments, that is no longer the case today. Decentralization is the new norm, although it is not always straightforward to achieve. Decentralized gambling applications have gained some momentum over the years, although they mainly cater to existing cryptocurrency enthusiasts. That approach is successful, but it will do very little to convince the mainstream of this option.</p> <p>That is a bit strange, as crypto gambling also introduces the concept of provable fairness. Allowing all users to verify the outcome of a wager independently creates an unprecedented sense of empowerment. Removing the need to rely on the service provider to confirm whether an outcome is both fair and crucial. The gambling industry has always had a transparency issue, but that can be resolved by innovative projects such as CryptoPunt.</p> <h3><strong>The potential of CryptoPunt</strong></h3> <p>As a platform focusing on gambling and gaming, CryptoPunt goes well beyond traditional crypto casinos. It will support initial games such as Blackjack, Jackpot, and CoinFlip whilst continuously adding many more entertaining options whose outcomes are always recorded on-chain, staying true to the crypto ethos of decentralization. All bets are recorded on the Polygon Matic ecosystem, a layer-two solution for the Ethereum blockchain.</p> <p>Onboarding new users are essential in the decentralized gambling industry. Making this process as straightforward as possible is crucial, and CryptoPunt checks the right boxes. It requires no traditional registration but rather a connection through a Web3 wallet like MetaMask or Coinbase Wallet, forgoing manual deposits/withdrawals, KYC procedures, and other cumbersome aspects. On that count, this solution is far more approachable than most other gambling options on the market today.</p> <p>Another crucial benefit of dealing with cryptocurrencies is how it leads to faster deposits and withdrawals. For CryptoPunt users, those transactions are instant. The platform is not responsible for the payments, as it maintains a non-custodial solution. User winnings appear directly in one’s wallet, speeding up the transactions and enhancing the control users can experience.</p> <p>All of this sounds good on paper, but it wouldn’t be worth much without a convenient user experience. CryptoPunt offers a sleek gaming interface to minimize navigational delays and increase the overall gaming enjoyment. The interface looks very intuitive in its current beta version, yet more touch-ups will be introduced prior to the full release.</p> <h3><strong>The PUN token’s purpose</strong></h3> <p>As is courtesy in the cryptocurrency industry, new platforms will usually have a native token. For CryptoPunt, that token is $PUN, rewarding affiliate marketers with a revenue share from referrals. It also grants access to exclusive promotions and better platform rates. In the future, PUN will be useful for accessing prizes and plenty of other incentives.</p> <p>On the referral front, markets earn 0.1% of every bet made by referrals. That offer applies to games against house only. Additionally, there is a reduced house edge for PUN holders, allowing for bigger profits to be pocketed when winning. Community members will be able to increase their holdings through various community-oriented campaigns running on Telegram, social media, and so forth. There is also an in-game chat where holders must hold $PUN to deter scammers approaching them in-chat.</p> <p>Given the backing of renowned VCs, including VYSYN Ventures, DutchCryptoInvestors, CryptoMarvels, ChinaPolk, BMW Capital, and others, there is a lot of attention on CryptoPunt and its PUN token, with the launch leading up to be a success. Unlike other tokens, $PUN supports both the ERC-20 and BEP-20 token standards, an industry first. With trading to go live on PancakeSwap and Uniswap, there will be broad access to the token and overall liquidity whilst also allowing inter-chain bridging.</p> <h3><strong>Closing thoughts</strong></h3> <p>It is evident there are numerous ways to decentralize the gambling industry further. Rather than just focusing on the decentralized aspect of the games, CryptoPunt goes one step further by creating a sleek and massively entertaining experience, fit for the current state of the online gambling market. Its non-custodial solution for deposits and withdrawals creates a direct line of communication between players and CryptoPunt, whereas its modular features and focus on user-friendliness can make a big difference when catering to millions of players globally.</p> <p>Provably fair gambling and gaming will become more commonplace over the coming years. Users need the ability to verify the outcome of wagers without relying on the service provider to share details that may or may not be accurate. The dual-pronged approach through gambling and gaming is a breath of fresh air in the decentralized gambling world, as the model caters to the needs of millions of people rather than just cryptocurrency enthusiasts.</p> </html>
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      "permlink": "cryptopunt-announces-world-s-first-effort-at-truly-decentralized-gambling",
      "title": "CryptoPunt Announces World’s First Effort At Truly Decentralized Gambling",
      "body": "<html>\n<p><img src=\"https://www.cryptonewslist.com/wp-content/uploads/2021/06/CryptoPunt-BIC-1024x470.jpeg\"/>\r<br/>\r<br/><strong>The concept of gambling has undergone multiple iterations over the years. What started out as an illegal practice is now considered legal physical and online entertainment in numerous regions.</strong></p>\n<p>The role of cryptocurrencies in this segment cannot be underestimated, as decentralized gambling is the next step in the evolution to a truly fair ecosystem.</p>\n<h3><strong>Crypto gambling is on the rise.</strong></h3>\n<p>Over the past few years, there have been numerous initiatives to combine the best of online gambling and cryptocurrencies. Digital assets provide pseudonymity, improve accessibility, and are widely accepted among casino and gambling providers. It is a payment method that protects both users and providers alike, operating outside the control of banks and governments.</p>\n<p>Whereas the initial push was focused on centralized platforms accepting cryptocurrency payments, that is no longer the case today. Decentralization is the new norm, although it is not always straightforward to achieve. Decentralized gambling applications have gained some momentum over the years, although they mainly cater to existing cryptocurrency enthusiasts. That approach is successful, but it will do very little to convince the mainstream of this option.</p>\n<p>That is a bit strange, as crypto gambling also introduces the concept of provable fairness. Allowing all users to verify the outcome of a wager independently creates an unprecedented sense of empowerment. Removing the need to rely on the service provider to confirm whether an outcome is both fair and crucial. The gambling industry has always had a transparency issue, but that can be resolved by innovative projects such as CryptoPunt.</p>\n<h3><strong>The potential of CryptoPunt</strong></h3>\n<p>As a platform focusing on gambling and gaming, CryptoPunt goes well beyond traditional crypto casinos. It will support initial games such as Blackjack, Jackpot, and CoinFlip whilst continuously adding many more entertaining options whose outcomes are always recorded on-chain, staying true to the crypto ethos of decentralization. All bets are recorded on the Polygon Matic ecosystem, a layer-two solution for the Ethereum blockchain.</p>\n<p>Onboarding new users are essential in the decentralized gambling industry. Making this process as straightforward as possible is crucial, and CryptoPunt checks the right boxes. It requires no traditional registration but rather a connection through a Web3 wallet like MetaMask or Coinbase Wallet, forgoing manual deposits/withdrawals, KYC procedures, and other cumbersome aspects. On that count, this solution is far more approachable than most other gambling options on the market today.</p>\n<p>Another crucial benefit of dealing with cryptocurrencies is how it leads to faster deposits and withdrawals. For CryptoPunt users, those transactions are instant. The platform is not responsible for the payments, as it maintains a non-custodial solution. User winnings appear directly in one’s wallet, speeding up the transactions and enhancing the control users can experience.</p>\n<p>All of this sounds good on paper, but it wouldn’t be worth much without a convenient user experience. CryptoPunt offers a sleek gaming interface to minimize navigational delays and increase the overall gaming enjoyment. The interface looks very intuitive in its current beta version, yet more touch-ups will be introduced prior to the full release.</p>\n<h3><strong>The PUN token’s purpose</strong></h3>\n<p>As is courtesy in the cryptocurrency industry, new platforms will usually have a native token. For CryptoPunt, that token is $PUN, rewarding affiliate marketers with a revenue share from referrals. It also grants access to exclusive promotions and better platform rates. In the future, PUN will be useful for accessing prizes and plenty of other incentives.</p>\n<p>On the referral front, markets earn 0.1% of every bet made by referrals. That offer applies to games against house only. Additionally, there is a reduced house edge for PUN holders, allowing for bigger profits to be pocketed when winning. Community members will be able to increase their holdings through various community-oriented campaigns running on Telegram, social media, and so forth. There is also an in-game chat where holders must hold $PUN to deter scammers approaching them in-chat.</p>\n<p>Given the backing of renowned VCs, including VYSYN Ventures, DutchCryptoInvestors, CryptoMarvels, ChinaPolk, BMW Capital, and others, there is a lot of attention on CryptoPunt and its PUN token, with the launch leading up to be a success. Unlike other tokens, $PUN supports both the ERC-20 and BEP-20 token standards, an industry first. With trading to go live on PancakeSwap and Uniswap, there will be broad access to the token and overall liquidity whilst also allowing inter-chain bridging.</p>\n<h3><strong>Closing thoughts</strong></h3>\n<p>It is evident there are numerous ways to decentralize the gambling industry further. Rather than just focusing on the decentralized aspect of the games, CryptoPunt goes one step further by creating a sleek and massively entertaining experience, fit for the current state of the online gambling market. Its non-custodial solution for deposits and withdrawals creates a direct line of communication between players and CryptoPunt, whereas its modular features and focus on user-friendliness can make a big difference when catering to millions of players globally.</p>\n<p>Provably fair gambling and gaming will become more commonplace over the coming years. Users need the ability to verify the outcome of wagers without relying on the service provider to share details that may or may not be accurate. The dual-pronged approach through gambling and gaming is a breath of fresh air in the decentralized gambling world, as the model caters to the needs of millions of people rather than just cryptocurrency enthusiasts.</p>\n</html>",
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2021/06/23 17:55:03
parent author
parent permlinkcryptocurrency
authorblockcommerce
permlinkhow-to-utilize-kattana-for-trading
titleHow To Utilize Kattana For Trading
body<html> <p><img src="https://www.cryptonewslist.com/wp-content/uploads/2021/06/e067c1d3e9d54332cb6defbe3f064d85b3e4eb023d5d5b17f46655ffe8c54c82-1024x574.png"/></p> <p> The cryptocurrency market is growing rapidly and becoming more relevant in society today – new challenges are emerging from the cracks. Within the crypto sphere, responsible and fair trading is something that projects, communities, and institutions hope to attain, in addition to , developing a safe trading environment.</p> <p><strong><em>That’s where Kattana steps in to change the game.</em></strong></p> <p>Kattana is growing from being just another CeFi based platform to becoming an  integral part of a trader’s journeys. Its top-grade trading tools have the ability to help traders execute seamless and more sound strategies.</p> <p>Kattana’s trading platform now offers its tools and pro-level graphs to the DeFi market and allows everyone to trade in real-time across more than 40 DEXs, including advanced order types and state-of-the-art charts. Using its platform will allow you to have a fresh experience with and perspective on crypto and DeFi trading.</p> <p>Kattana has broadened its horizons after integrating with DeXe network, a decentralized social trading platform that offers tools for automatic rebalancing and currency allocation, powered by smart contracts. This integration has made Kattana a safer environment for trading, since it eliminates the risks of transferring digital wallet details to  third parties.</p> <p>It also expands Kattana’s use case by making it the crown jewel of the DeXe ecosystem. The platform can now be looked at as the optimal solution for DeFi trading and not just your everyday trading terminal. The tools shared between both platforms also help foster transparency and responsible trading.</p> <p>After achieving increased development and acceptance, Kattana has become the platform of choice for traders to analyze and trade within the crypto market. Users can easily buy and sell via available trading tools while also managing their portfolio, all in the same place.</p> <p>Kattana operates using a subscription-based platform, making it easy for both hobbyists and experienced crypto traders alike to get involved.</p> <p>The brains behind Kattana are composed of the perfect mix of developers, traders, and crypto enthusiasts whose goal is to bridge the gap between users and available crypto markets. The financial system is rapidly changing, and platforms such as Kattana are becoming cornerstones for tomorrow’s trading.</p> </html>
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      "title": "How To Utilize Kattana For Trading",
      "body": "<html>\n<p><img src=\"https://www.cryptonewslist.com/wp-content/uploads/2021/06/e067c1d3e9d54332cb6defbe3f064d85b3e4eb023d5d5b17f46655ffe8c54c82-1024x574.png\"/></p>\n<p>\rThe cryptocurrency market is growing rapidly and becoming more relevant in society today – new challenges are emerging from the cracks. Within the crypto sphere, responsible and fair trading is something that projects, communities, and institutions hope to attain, in addition to , developing a safe trading environment.</p>\n<p><strong><em>That’s where Kattana steps in to change the game.</em></strong></p>\n<p>Kattana is growing from being just another CeFi based platform to becoming an  integral part of a trader’s journeys. Its top-grade trading tools have the ability to help traders execute seamless and more sound strategies.</p>\n<p>Kattana’s trading platform now offers its tools and pro-level graphs to the DeFi market and allows everyone to trade in real-time across more than 40 DEXs, including advanced order types and state-of-the-art charts. Using its platform will allow you to have a fresh experience with and perspective on crypto and DeFi trading.</p>\n<p>Kattana has broadened its horizons after integrating with DeXe network, a decentralized social trading platform that offers tools for automatic rebalancing and currency allocation, powered by smart contracts. This integration has made Kattana a safer environment for trading, since it eliminates the risks of transferring digital wallet details to  third parties.</p>\n<p>It also expands Kattana’s use case by making it the crown jewel of the DeXe ecosystem. The platform can now be looked at as the optimal solution for DeFi trading and not just your everyday trading terminal. The tools shared between both platforms also help foster transparency and responsible trading.</p>\n<p>After achieving increased development and acceptance, Kattana has become the platform of choice for traders to analyze and trade within the crypto market. Users can easily buy and sell via available trading tools while also managing their portfolio, all in the same place.</p>\n<p>Kattana operates using a subscription-based platform, making it easy for both hobbyists and experienced crypto traders alike to get involved.</p>\n<p>The brains behind Kattana are composed of the perfect mix of developers, traders, and crypto enthusiasts whose goal is to bridge the gap between users and available crypto markets. The financial system is rapidly changing, and platforms such as Kattana are becoming cornerstones for tomorrow’s trading.</p>\n</html>",
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2021/06/19 06:26:27
parent authorblockcommerce
parent permlinkrare-collectibles-layer-2-utilization-and-polkamon-a-next-generation-nft
authorammon1236
permlinkquxr81
title
body🌇🌇 Yamgo is the revolutionary platform that merges rewards, data, fintech, and identity to create a new relationship directly between brands and the consumer while protecting the privacy and data of consumers. Read more 🔎 https://yamgo.com/ 🔗Faebook: https://bit.ly/3xdA4VL 🔗 Twitter: https://bit.ly/35gzg6F 🔗Youtube: https://bit.ly/3csX9vM 🔗Instagram: https://bit.ly/2RDuInB 🔗Telegram : https://bit.ly/2RKDDn6 #rewards #money #blockchain #cryptocurrency #Data #fintech #technology #platform #services #digital #assets #onlineshopping #games
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2021/06/18 09:53:33
parent author
parent permlinkcryptocurrency
authorblockcommerce
permlinkhow-upgraded-interfaces-are-building-virtual-bridges-and-connecting-traders
titleHow Upgraded Interfaces Are Building Virtual Bridges And Connecting Traders
body<html> <p><img src="https://www.cryptonewslist.com/wp-content/uploads/2021/06/business-3159208_1920_4.jpg"/></p> <p> Despite daily trading volumes in the hundreds of billions, cryptocurrency traders have often been forced to settle with non-satisfactory interfaces, lacking the many tools necessary for in-depth chart analysis and professional trading. The reasoning is fairly simple – most digital currency exchanges were created in a rush to bank on the emerging trend. As a result, while offering the order book and AMM-based functionalities required, shortcomings are prevalent.</p> <h2>Cryptonovae Sets To Disrupt The Landscape Of  Professional Crypto Trading</h2> <p>First, as a trading software, Cryptonovae aggregates the world’s most prominent exchanges into a singular interface, facilitating seamless trading across CEX and DEX platforms. This symbiosis brings about increased efficiency and the ability to easily find preferred trading pairs, thereby opening the gates to arbitrage trading. Initially, Cryptonovae will integrate Bitfinex, Kraken, Uniswap, Binance, and FTX, with more exchanges to be added continuously.</p> <p>While other market participants have also attempted exchange integration, Cryptonovae’s value proposition comes with several key add-ons, crafting an immersive trading ecosystem.</p> <h2>A Native Charting Engine to Set New Standards</h2> <p>No self-respecting traditional trader would choose to work without leveraging a powerful charting engine like MetaTrader4 or Tradingview. Nonetheless, cryptocurrency traders have little choice – after all, most exchanges deploy a similar yet rebranded iteration of the same charting engine. On the other hand, setting up MT4 or Tradingview is time-consuming and complex to many novice users, making the charting market ripe for opportunity.</p> <p>Cryptonovae has engineered a renewed charting engine from the ground up, bringing together the many benefits held by the pioneers in the field but adapting them to the crypto market’s particularities whilst also integrating significant features destined to transform technical analysis from pain to pleasure. Some of the main features include support for multiple screens and timeframes and highly modular features that create the perfect setup.</p> <h2>Reviewing The Trading Tools</h2> <p>From stop-loss functionalities on Automated Market Makes, to deploying limitless trading strategies, Cryptonovae is implementing key tools that will enhance trading for all. Bot-based algorithmic trading enthusiasts are also welcome, granted that Cryptonovae supports the deployment of automated strategies purchasable via the ecosystem’s marketplace.</p> <p>Green candles are all the craze lately, but recent volatility has led to dips becoming more common. Thus, seamless profit-taking should no longer be difficult, especially when dealing with multiple exchanges. Hence, Cryptonovae’s interface provides over ten order types, one-click profit-taking across all integrated exchanges, as well as an emergency button, which instantly cancels all longs and shorts in light of unstable market moves.</p> <p>After months of development, crypto traders are now welcome to try many of the aforementioned features.</p> <h2>Joining The Cryptonovae Beta Testing Initiative</h2> <p>Cryptonovae knows that beta testers are a key part of building big things, so the beta testing initiative commenced. For now, testing entails using most functionalities of the commercial platform, with trading being enabled for Binance and Kraken. The program’s first iteration will also unlock spot, margin, and futures trading on Binance, whereas Kraken will only support spot trading initially.</p> <p>Effective immediately, trading enthusiasts may apply to the beta program.<br/>To do so, simply:</p> <ol><li>Join the Discord server</li><li>Fill the pre-registration form</li></ol> <p>There are four means of becoming eligible:</p> <ul><li><strong>Hold $YAE</strong></li></ul> <p>$YAE is a core pillar of Cryptonovae’s value proposition; Ownership opens the doors to significant opportunity, as $YAE may be used to purchase trading algos via the built-in marketplace, but also to access Cryptonovae’s most exclusive features. Furthermore, holders are incentivized through staking initiatives, loyalty programs, and ongoing contests, with the tokenomics opting for a deflationary mechanism through regularly scheduled burns and token buybacks.</p> <p>To access the beta testing program, users will have to hold 10K $YAE to access a single exchange or 15K $YAE for access to Binance and Kraken.</p> <ul><li><strong>Create A Binance Or Kraken Account Through The Affiliate Link</strong></li></ul> <p>New traders may apply for the beta program by opening an account using Cryptonovae’s affiliate link – a simple approach to gain access.</p> <ul><li><strong>Be A Yield Farmer</strong></li></ul> <p>Liquidity providers who hold at least $1,000 in LP tokens via Cryptonovae’s BSC and Ethereum-based pools can also apply to the program by linking their wallet address.</p> <ul><li><strong>Win The Beta Contest</strong></li></ul> <p>Soon enough, Cryptonovae will announce the juicy deets to a one-of-a-kind beta access content.</p> <p>At this point, only 300 spots will be open, so competition is tight! However, those who cannot join the initial beta-testing phase will have their addresses whitelisted, allowing them to participate in upcoming $YAE staking and framing programs.<br/>A beta tester’s responsibility is clear – use the software and report any issues found.</p> </html>
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Transaction InfoBlock #54732875/Trx 1b090bb5eaa8291e09031544ac366fd25813ee5b
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      "parent_permlink": "cryptocurrency",
      "author": "blockcommerce",
      "permlink": "how-upgraded-interfaces-are-building-virtual-bridges-and-connecting-traders",
      "title": "How Upgraded Interfaces Are Building Virtual Bridges And Connecting Traders",
      "body": "<html>\n<p><img src=\"https://www.cryptonewslist.com/wp-content/uploads/2021/06/business-3159208_1920_4.jpg\"/></p>\n<p>\rDespite daily trading volumes in the hundreds of billions, cryptocurrency traders have often been forced to settle with non-satisfactory interfaces, lacking the many tools necessary for in-depth chart analysis and professional trading. The reasoning is fairly simple – most digital currency exchanges were created in a rush to bank on the emerging trend. As a result, while offering the order book and AMM-based functionalities required, shortcomings are prevalent.</p>\n<h2>Cryptonovae Sets To Disrupt The Landscape Of  Professional Crypto Trading</h2>\n<p>First, as a trading software, Cryptonovae aggregates the world’s most prominent exchanges into a singular interface, facilitating seamless trading across CEX and DEX platforms. This symbiosis brings about increased efficiency and the ability to easily find preferred trading pairs, thereby opening the gates to arbitrage trading. Initially, Cryptonovae will integrate Bitfinex, Kraken, Uniswap, Binance, and FTX, with more exchanges to be added continuously.</p>\n<p>While other market participants have also attempted exchange integration, Cryptonovae’s value proposition comes with several key add-ons, crafting an immersive trading ecosystem.</p>\n<h2>A Native Charting Engine to Set New Standards</h2>\n<p>No self-respecting traditional trader would choose to work without leveraging a powerful charting engine like MetaTrader4 or Tradingview. Nonetheless, cryptocurrency traders have little choice – after all, most exchanges deploy a similar yet rebranded iteration of the same charting engine. On the other hand, setting up MT4 or Tradingview is time-consuming and complex to many novice users, making the charting market ripe for opportunity.</p>\n<p>Cryptonovae has engineered a renewed charting engine from the ground up, bringing together the many benefits held by the pioneers in the field but adapting them to the crypto market’s particularities whilst also integrating significant features destined to transform technical analysis from pain to pleasure. Some of the main features include support for multiple screens and timeframes and highly modular features that create the perfect setup.</p>\n<h2>Reviewing The Trading Tools</h2>\n<p>From stop-loss functionalities on Automated Market Makes, to deploying limitless trading strategies, Cryptonovae is implementing key tools that will enhance trading for all. Bot-based algorithmic trading enthusiasts are also welcome, granted that Cryptonovae supports the deployment of automated strategies purchasable via the ecosystem’s marketplace.</p>\n<p>Green candles are all the craze lately, but recent volatility has led to dips becoming more common. Thus, seamless profit-taking should no longer be difficult, especially when dealing with multiple exchanges. Hence, Cryptonovae’s interface provides over ten order types, one-click profit-taking across all integrated exchanges, as well as an emergency button, which instantly cancels all longs and shorts in light of unstable market moves.</p>\n<p>After months of development, crypto traders are now welcome to try many of the aforementioned features.</p>\n<h2>Joining The Cryptonovae Beta Testing Initiative</h2>\n<p>Cryptonovae knows that beta testers are a key part of building big things, so the beta testing initiative commenced. For now, testing entails using most functionalities of the commercial platform, with trading being enabled for Binance and Kraken. The program’s first iteration will also unlock spot, margin, and futures trading on Binance, whereas Kraken will only support spot trading initially.</p>\n<p>Effective immediately, trading enthusiasts may apply to the beta program.<br/>To do so, simply:</p>\n<ol><li>Join the Discord server</li><li>Fill the pre-registration form</li></ol>\n<p>There are four means of becoming eligible:</p>\n<ul><li><strong>Hold $YAE</strong></li></ul>\n<p>$YAE is a core pillar of Cryptonovae’s value proposition; Ownership opens the doors to significant opportunity, as $YAE may be used to purchase trading algos via the built-in marketplace, but also to access Cryptonovae’s most exclusive features. Furthermore, holders are incentivized through staking initiatives, loyalty programs, and ongoing contests, with the tokenomics opting for a deflationary mechanism through regularly scheduled burns and token buybacks.</p>\n<p>To access the beta testing program, users will have to hold 10K $YAE to access a single exchange or 15K $YAE for access to Binance and Kraken.</p>\n<ul><li><strong>Create A Binance Or Kraken Account Through The Affiliate Link</strong></li></ul>\n<p>New traders may apply for the beta program by opening an account using Cryptonovae’s affiliate link – a simple approach to gain access.</p>\n<ul><li><strong>Be A Yield Farmer</strong></li></ul>\n<p>Liquidity providers who hold at least $1,000 in LP tokens via Cryptonovae’s BSC and Ethereum-based pools can also apply to the program by linking their wallet address.</p>\n<ul><li><strong>Win The Beta Contest</strong></li></ul>\n<p>Soon enough, Cryptonovae will announce the juicy deets to a one-of-a-kind beta access content.</p>\n<p>At this point, only 300 spots will be open, so competition is tight! However, those who cannot join the initial beta-testing phase will have their addresses whitelisted, allowing them to participate in upcoming $YAE staking and framing programs.<br/>A beta tester’s responsibility is clear – use the software and report any issues found.</p>\n</html>",
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2021/06/16 17:46:15
parent author
parent permlinkcryptocurrency
authorblockcommerce
permlinkinsights-into-the-world-changing-potential-of-on-chain-gaming
titleInsights Into the World-Changing Potential of On-Chain Gaming
body<html> <p> <img src="https://cdn-bplcd.nitrocdn.com/yYxFdwLqsIdKMsfCFJkddYGFYoJKEdpp/assets/static/optimized/rev-58e8839/wp-content/uploads/2021/06/Insights-Into-the-World-Changing-Potential-of-On-Chain-Gaming-780x470.png"/></p> <p>Blockchain technology and the decentralization movement are set to disrupt many industries, but perhaps none more than gambling. By bringing transparency to a once-opaque industry, on-chain gaming promises to shine a light onto a sector characterized by intransparency and a lack of fairness.</p> <h2><strong>What is Decentralized Gambling?</strong></h2> <p>Decentralized gambling takes control away from centralized organizations which typically operate gambling sites. This design model opens the doors to player-centric mechanisms, one of which provable fairness. </p> <p> </p> <p>All payouts and bets are verifiable with all transactions recorded on-chain, thereby leaving platforms with no choice but to acknowledge all activities carried out by players. With this model, no longer can casinos mess with the outcome of wagers or insist that a specific winning bet was never played. </p> <p>Decentralized gaming and gambling can also include the notion of community governance and utility tokens. With tokens available to the community, players have a stake in the platform, potentially reducing their house edge, being subject to rewards, earning a share of revenue, and providing a genuinely decentralized business model where no single party controls the mechanics of the site.</p> <h2><strong>Why Are Traditional Online Casinos Unfair?</strong></h2> <p>Even if land-based casinos are well regulated, and the house edge is discernible, online casinos pose enormous risks to players. Online casinos have been widely reported to alter their software to issue false outcomes. Whether it is second dealing, rigged games or faulty slots, players are often at the mercy of unscrupulous operators or buggy software.</p> <p>Many are operated by criminal organizations out of less-regulated jurisdictions and can be difficult to track down in the event of a non-payment of winnings. Online casinos have a well-earned reputation for engaging in <a href="https://www.casino.org/features/rigged-casino-guide/">fraud and theft</a>, usually in the form of (unrevealed) unfair odds and rigging.</p> <p>Online gambling is a <a href="https://www.gamblingsites.com/blog/15-things-you-didnt-know-about-online-gambling-11655/">$45 billion a year industry</a>, and despite a sheer yearly growth, it lacks oversight whilst harboring unfair practices. Thankfully, on-chain gambling models can resolve all of those problems by providing a transparent and immutable record of every action taken on the casino. Thanks to its many user-centric benefits, decentralized gambling has become a buzzword despite many casinos not being fully decentralized, fair, or governed by smart contracts. </p> <h2><strong>Untapped Market Opportunity</strong></h2> <p>After conducting careful studies of the current market, CryptoPunt was launched in hopes of resolving all paints generally associated with online gambling. All the games and the casino are fully decentralized, with completely auditable smart contracts. As such, all bets are recorded on-chain via the Polygon Matic ecosystem, the layer 2 Ethereum scaling solution, which also drastically reduces transaction costs for players.</p> <p>Access to CryptoPunt will be via a standard web3-enabled Ethereum wallet like MetaMask, meaning that CryptoPunt provides a non-custodial payment policy, so users retain control over their private keys, with funds never moving in the absence of authorization. This model also ensures that there is no risk of delayed or denied withdrawals since wagering happens directly via a user’s web3 wallet – consequently, there are no deposit or withdrawal buttons. </p> <p>The first games to be launched will be Blackjack, Jackpot, and Coinflip, with many other entertainment options like Crash to follow. </p> <p>A recent look at the MVP of CryptoPunt has shown a <a href="https://vimeo.com/553295690">beautiful user interface</a> built for and by punters, offering a sleek, fun, and efficient experience. </p> <h2><strong>Introducing Community Tokens</strong></h2> <p>To further enhance the platform’s decentralized credentials, CryptoPunt will be releasing $PUN, its very own native utility token. $PUN tokens will be issued as rewards to affiliate marketers, with 0.1% of all bets being automatically credited within their wallets. Token holders can also access lower house edges, giving them greater chances of winning, along with access to exclusive promotions and better rates. CryptoPunt has mentioned that it is actively developing the utility of the $PUN token to reward early buyers and create an ever-expanding gambling ecosystem. </p> <p>$PUN is the world’s first casino utility tokens to support both ERC-20 and BEP-20 standards and will be listed directly on the PancakeSwap &amp; Uniswap decentralized exchanges. With a listing price of 25 cents, $PUN will hold an initial market cap of $1.2M. </p> <p>They are backed by industry heavyweights like VYSYN Capital, CryptoMarvels, Chain Ridge Capital, Insignius Capital, Dutch Crypto Investors, and BMW Capital. It is expected that <a href="https://www.cryptopunt.com/">CryptoPunt will demonstrate that on-chain and fully decentralized gambling is the only rational choice</a> for the industry to not only survive but thrive.</p> </html>
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Transaction InfoBlock #54685067/Trx d31d8a291b6f926e658dfab3b206acb218f7aa95
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      "parent_permlink": "cryptocurrency",
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      "permlink": "insights-into-the-world-changing-potential-of-on-chain-gaming",
      "title": "Insights Into the World-Changing Potential of On-Chain Gaming",
      "body": "<html>\n<p>\r<img src=\"https://cdn-bplcd.nitrocdn.com/yYxFdwLqsIdKMsfCFJkddYGFYoJKEdpp/assets/static/optimized/rev-58e8839/wp-content/uploads/2021/06/Insights-Into-the-World-Changing-Potential-of-On-Chain-Gaming-780x470.png\"/></p>\n<p>Blockchain technology and the decentralization movement are set to disrupt many industries, but perhaps none more than gambling. By bringing transparency to a once-opaque industry, on-chain gaming promises to shine a light onto a sector characterized by intransparency and a lack of fairness.</p>\n<h2><strong>What is Decentralized Gambling?</strong></h2>\n<p>Decentralized gambling takes control away from centralized organizations which typically operate gambling sites. This design model opens the doors to player-centric mechanisms, one of which provable fairness. </p>\n<p>\r</p>\n<p>All payouts and bets are verifiable with all transactions recorded on-chain, thereby leaving platforms with no choice but to acknowledge all activities carried out by players. With this model, no longer can casinos mess with the outcome of wagers or insist that a specific winning bet was never played. </p>\n<p>Decentralized gaming and gambling can also include the notion of community governance and utility tokens. With tokens available to the community, players have a stake in the platform, potentially reducing their house edge, being subject to rewards, earning a share of revenue, and providing a genuinely decentralized business model where no single party controls the mechanics of the site.</p>\n<h2><strong>Why Are Traditional Online Casinos Unfair?</strong></h2>\n<p>Even if land-based casinos are well regulated, and the house edge is discernible, online casinos pose enormous risks to players. Online casinos have been widely reported to alter their software to issue false outcomes. Whether it is second dealing, rigged games or faulty slots, players are often at the mercy of unscrupulous operators or buggy software.</p>\n<p>Many are operated by criminal organizations out of less-regulated jurisdictions and can be difficult to track down in the event of a non-payment of winnings. Online casinos have a well-earned reputation for engaging in <a href=\"https://www.casino.org/features/rigged-casino-guide/\">fraud and theft</a>, usually in the form of (unrevealed) unfair odds and rigging.</p>\n<p>Online gambling is a <a href=\"https://www.gamblingsites.com/blog/15-things-you-didnt-know-about-online-gambling-11655/\">$45 billion a year industry</a>, and despite a sheer yearly growth, it lacks oversight whilst harboring unfair practices. Thankfully, on-chain gambling models can resolve all of those problems by providing a transparent and immutable record of every action taken on the casino. Thanks to its many user-centric benefits, decentralized gambling has become a buzzword despite many casinos not being fully decentralized, fair, or governed by smart contracts. </p>\n<h2><strong>Untapped Market Opportunity</strong></h2>\n<p>After conducting careful studies of the current market, CryptoPunt was launched in hopes of resolving all paints generally associated with online gambling. All the games and the casino are fully decentralized, with completely auditable smart contracts. As such, all bets are recorded on-chain via the Polygon Matic ecosystem, the layer 2 Ethereum scaling solution, which also drastically reduces transaction costs for players.</p>\n<p>Access to CryptoPunt will be via a standard web3-enabled Ethereum wallet like MetaMask, meaning that CryptoPunt provides a non-custodial payment policy, so users retain control over their private keys, with funds never moving in the absence of authorization. This model also ensures that there is no risk of delayed or denied withdrawals since wagering happens directly via a user’s web3 wallet – consequently, there are no deposit or withdrawal buttons. </p>\n<p>The first games to be launched will be Blackjack, Jackpot, and Coinflip, with many other entertainment options like Crash to follow. </p>\n<p>A recent look at the MVP of CryptoPunt has shown a <a href=\"https://vimeo.com/553295690\">beautiful user interface</a> built for and by punters, offering a sleek, fun, and efficient experience. </p>\n<h2><strong>Introducing Community Tokens</strong></h2>\n<p>To further enhance the platform’s decentralized credentials, CryptoPunt will be releasing $PUN, its very own native utility token. $PUN tokens will be issued as rewards to affiliate marketers, with 0.1% of all bets being automatically credited within their wallets. Token holders can also access lower house edges, giving them greater chances of winning, along with access to exclusive promotions and better rates. CryptoPunt has mentioned that it is actively developing the utility of the $PUN token to reward early buyers and create an ever-expanding gambling ecosystem. </p>\n<p>$PUN is the world’s first casino utility tokens to support both ERC-20 and BEP-20 standards and will be listed directly on the PancakeSwap &amp; Uniswap decentralized exchanges. With a listing price of 25 cents, $PUN will hold an initial market cap of $1.2M. </p>\n<p>They are backed by industry heavyweights like VYSYN Capital, CryptoMarvels, Chain Ridge Capital, Insignius Capital, Dutch Crypto Investors, and BMW Capital. It is expected that <a href=\"https://www.cryptopunt.com/\">CryptoPunt will demonstrate that on-chain and fully decentralized gambling is the only rational choice</a> for the industry to not only survive but thrive.</p>\n</html>",
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crypto.piotrsent 0.003 STEEM to @blockcommerce- "Regarding the latest information and development of Steemauto. Old SteemAuto is already being switched off. Today, I would like to introduce you to new version of SteemAuto launched by one of most rep..."
2021/06/12 08:15:57
fromcrypto.piotr
toblockcommerce
amount0.003 STEEM
memoRegarding the latest information and development of Steemauto. Old SteemAuto is already being switched off. Today, I would like to introduce you to new version of SteemAuto launched by one of most reputable witness. You can find it here: https://worldofxpilar.com/dash.php . I've helped testing it and it's WORKING GREAT so far (In case if you would have any questions, consider joining their discord channel: https://discord.com/invite/VAHHsmnNaJ )
Transaction InfoBlock #54559427/Trx e96bb52449bdbdab4be2ab56e2ed006154c40c86
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      "memo": "Regarding the latest information and development of Steemauto. Old SteemAuto is already being switched off. Today, I would like to introduce you to new version of SteemAuto launched by one of most reputable witness. You can find it here: https://worldofxpilar.com/dash.php . I've helped testing it and it's WORKING GREAT so far (In case if you would have any questions, consider joining their discord channel: https://discord.com/invite/VAHHsmnNaJ )"
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2021/05/31 17:56:45
parent author
parent permlinkcryptocurrency
authorblockcommerce
permlinkhaving-difficulty-buying-new-crypto-coins-look-no-further-than-100xaltbase
titleHaving Difficulty Buying New Crypto Coins? Look No Further Than 100xAltbase
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2021/05/31 17:52:00
parent author
parent permlinkcryptocurrency
authorblockcommerce
permlinkhaving-difficulty-buying-new-crypto-coins-look-no-further-than-100xaltbase
titleHaving Difficulty Buying New Crypto Coins? Look No Further Than 100xAltbase
body<html> <p><img src="https://www.cryptonewslist.com/wp-content/uploads/2021/05/717_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS9zdG9yYWdlL3VwbG9hZHMvdmlldy9iYTdiNWU5NTY4Y2JmYzkyMjAxNjNmODExMGQxMDk4Yy5qcGc.jpg"/></p> <p> Users of the Binance Smart Chain, and particularly PancakeSwap, will identify with the pain-staking process that can sometimes take place when transacting with different coins on the BSC.</p> <p>In general, buying new crypto coins can be a minefield of UX issues, incorrect contract addresses or inaccurate conversion amounts — sometimes even a combination of the three.</p> <h2>The solution? Buying new crypto coins via 100xAltbase</h2> <p>Step forward 100xAltbase — the app that’s set to make transacting on the BSC a whole lot easier.</p> <p>Buying meme coins, and not just 100xCoin, will soon be made available to the masses, but the sign-up process will have a two-minute identity and verification check, also offering to connect a credit or debit card. No more slippage, no more output errors, no more hassle.</p> <p>Smoother UX aside, the creation of 100xAltbase should be seen as a huge investment into the wider BSC, allowing users to seamlessly transact with a variety of different meme coins, community coins or smart contracts. It’s a huge step in capturing newfound volume that will benefit the BSC as a whole.</p> <p>Ken Llamas, the founder of 100xAltbase, said:</p> <blockquote><p>“Imagine a Robinhood-style app integrated with Smart Chain — a pretty interesting concept. That’s what 100xAltbase is all about.”</p></blockquote> <p>Huge gains have been made on new crypto coins, creating a perception that early entry can assure success. However, it’s important to highlight the increasing number of rug pulls and exit scams.</p> <h2>It’s too easy to set up a smart contract and potentially scam investors out of millions of dollars, as the industry has seen some pretty infamous examples recently. Having an app that oversees smart contract volume — and ultimately the legitimacy of coins or meme coins that feature on it — must be a good thing for the space as a whole.<img src="https://lh5.googleusercontent.com/kw3yIwMU4ifSyKHtR5xAkECmCpJkTxVUQdTIxmesFoZl1rgFvpkkXtFjKIhJCDV1eX1PYqchvuHOqrjvqXowuUvdLiddbIO3QeIBxKWnY70aXYm3nV7FcMBpQhlzE938qFIU4zMU"/> <br/> <br/>A great platform for finding recently added crypto coins</h2> <p>Being able to find “legit” meme coins and future-proofing this market is ultimately how this movement continues to be viable. The creation of 100xAltbase will allow users to transact in a safe environment, which is arguably the most important factor when buying or selling cryptocurrency.</p> <p>The overarching aim of 100xAltbase is to make both transactions and storage easier.</p> <p>The multitude of different accounts or wallets that are required in the current framework is a major deterrent to new investors and equally annoying for those coaching their peers through it. 100xAltbase will provide an in-app wallet function, ensuring that you can store and pay for new crypto coins all under one roof. Recently added crypto coins will appear within the market’s dashboard as they are approved and listed by admins.</p> <h2>100xCoin — More than a meme coin</h2> <p>As a concept, 100xCoin has evolved significantly since its inception a few months ago. NFT staking will soon be available to 100xCoin holders, with some pieces being touted as the rarest nonfungible tokens available in the sports niche. 100xCoin has made significant strides across the board in creating a cross-functional platform for new and experienced crypto enthusiasts alike.</p> <p>The deflationary, anti-rug-pull tokenomics that 100xCoin is based on cannot be ignored, resonated by a 33% daily candle off the back of a recent market-wide pullback.</p> <p>100xAltbase is set to launch on May 31, 2021. In anticipation, 100xCoin’s website is undergoing maintenance to preempt increased traffic the app launch will attract. The app will be available on iOS and Android, so keep an eye out for it in the app stores.</p> <p>Keep in touch with the 100xCoin community and receive the latest news and updates. Follow and engage in the conversation with the 100xCoin team and community on Twitter, Instagram, Medium and Telegram.</p> </html>
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Transaction InfoBlock #54227837/Trx 1871c9c9ced08fbc85d373d263491e48af84ccbb
View Raw JSON Data
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      "permlink": "having-difficulty-buying-new-crypto-coins-look-no-further-than-100xaltbase",
      "title": "Having Difficulty Buying New Crypto Coins? Look No Further Than 100xAltbase",
      "body": "<html>\n<p><img src=\"https://www.cryptonewslist.com/wp-content/uploads/2021/05/717_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS9zdG9yYWdlL3VwbG9hZHMvdmlldy9iYTdiNWU5NTY4Y2JmYzkyMjAxNjNmODExMGQxMDk4Yy5qcGc.jpg\"/></p>\n<p>\rUsers of the Binance Smart Chain, and particularly PancakeSwap, will identify with the pain-staking process that can sometimes take place when transacting with different coins on the BSC.</p>\n<p>In general, buying new crypto coins can be a minefield of UX issues, incorrect contract addresses or inaccurate conversion amounts — sometimes even a combination of the three.</p>\n<h2>The solution? Buying new crypto coins via 100xAltbase</h2>\n<p>Step forward 100xAltbase — the app that’s set to make transacting on the BSC a whole lot easier.</p>\n<p>Buying meme coins, and not just 100xCoin, will soon be made available to the masses, but the sign-up process will have a two-minute identity and verification check, also offering to connect a credit or debit card. No more slippage, no more output errors, no more hassle.</p>\n<p>Smoother UX aside, the creation of 100xAltbase should be seen as a huge investment into the wider BSC, allowing users to seamlessly transact with a variety of different meme coins, community coins or smart contracts. It’s a huge step in capturing newfound volume that will benefit the BSC as a whole.</p>\n<p>Ken Llamas, the founder of 100xAltbase, said:</p>\n<blockquote><p>“Imagine a Robinhood-style app integrated with Smart Chain — a pretty interesting concept. That’s what 100xAltbase is all about.”</p></blockquote>\n<p>Huge gains have been made on new crypto coins, creating a perception that early entry can assure success. However, it’s important to highlight the increasing number of rug pulls and exit scams.</p>\n<h2>It’s too easy to set up a smart contract and potentially scam investors out of millions of dollars, as the industry has seen some pretty infamous examples recently. Having an app that oversees smart contract volume — and ultimately the legitimacy of coins or meme coins that feature on it — must be a good thing for the space as a whole.<img src=\"https://lh5.googleusercontent.com/kw3yIwMU4ifSyKHtR5xAkECmCpJkTxVUQdTIxmesFoZl1rgFvpkkXtFjKIhJCDV1eX1PYqchvuHOqrjvqXowuUvdLiddbIO3QeIBxKWnY70aXYm3nV7FcMBpQhlzE938qFIU4zMU\"/>\r<br/>\r<br/>A great platform for finding recently added crypto coins</h2>\n<p>Being able to find “legit” meme coins and future-proofing this market is ultimately how this movement continues to be viable. The creation of 100xAltbase will allow users to transact in a safe environment, which is arguably the most important factor when buying or selling cryptocurrency.</p>\n<p>The overarching aim of 100xAltbase is to make both transactions and storage easier.</p>\n<p>The multitude of different accounts or wallets that are required in the current framework is a major deterrent to new investors and equally annoying for those coaching their peers through it. 100xAltbase will provide an in-app wallet function, ensuring that you can store and pay for new crypto coins all under one roof. Recently added crypto coins will appear within the market’s dashboard as they are approved and listed by admins.</p>\n<h2>100xCoin — More than a meme coin</h2>\n<p>As a concept, 100xCoin has evolved significantly since its inception a few months ago. NFT staking will soon be available to 100xCoin holders, with some pieces being touted as the rarest nonfungible tokens available in the sports niche. 100xCoin has made significant strides across the board in creating a cross-functional platform for new and experienced crypto enthusiasts alike.</p>\n<p>The deflationary, anti-rug-pull tokenomics that 100xCoin is based on cannot be ignored, resonated by a 33% daily candle off the back of a recent market-wide pullback.</p>\n<p>100xAltbase is set to launch on May 31, 2021. In anticipation, 100xCoin’s website is undergoing maintenance to preempt increased traffic the app launch will attract. The app will be available on iOS and Android, so keep an eye out for it in the app stores.</p>\n<p>Keep in touch with the 100xCoin community and receive the latest news and updates. Follow and engage in the conversation with the 100xCoin team and community on Twitter, Instagram, Medium and Telegram.</p>\n</html>",
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2021/05/20 16:35:09
parent author
parent permlinkcryptocurrency
authorblockcommerce
permlinkeverything-you-need-to-know-about-tradestars-ido
titleEverything You Need To Know About TradeStars IDO
body<html> <p><img src="https://www.cryptonewslist.com/wp-content/uploads/2021/05/everything-about-tradestars-ido-420x280-1.jpg"/></p> <p> Currently, TradeStars offers cricket and soccer markets in which users can participate in. And there’s more to come in the pipeline.</p> <p>TradeStars is an NFT and DeFi project aiming to take fantasy sports to a whole new level, merging the benefits of blockchain technology with real-life sports to appeal to sports fans everywhere. Users are able to use real sports game statistics while trading their favorite players, in addition to earning rewards on the side.</p> <p>These days, many new and exciting NFT and DeFi projects are launching their tokens to be made available to the public, opening up the doors for everyone to get a taste of the action.</p> <p>To that note, the TradeStars team has announced that they will be having an IDO (Initial DEX Offerings) for $TRX on the BSCPad and ZeroSwap platforms. The event is scheduled to take place on May 4, 2021.</p> <p>Here’s a quick summary about the project and further details regarding the upcoming IDO.</p> <h2>Project Summary</h2> <p>TradeStars is a new fantasy stock trading platform running on the Ethereum and Polygon Layer 2 blockchains. It functions similarly to a typical stock exchange, but adds the crypto element along with additional methods to earn revenue – this creates a fun and interactive way for users to collect and trade.</p> <p>Users can purchase and trade stocks of their favorite athletes, where the price of each stock is derived from real-life sports games and player performance (in addition to market supply and demand). Any of the assets can be traded at any time, and the performance of each player is tokenized through NFTs.</p> <p>Knowledge serves as power on the platform, as users can also receive rewards from other user’s transaction fees depending on how much they’ve invested in the different markets. Its overall business model takes monetization to a whole new level.</p> <p>Currently, TradeStars offers cricket and soccer markets in which users can participate in. There’s more to come in the pipeline, as they’ve announced that they’ll be adding markets for eSports, basketball, American football, and more.</p> <h2>IDO and $TRX Token Details</h2> <p>$TSX is TradeStar’s ERC-20 governance token. It gives holders governance power to vote and make proposals for the project, in addition to the ability to earn lucrative rewards from participating on the platform.</p> <p>The IDO will be launched concurrently on both BSCPad and ZeroSwap on May 4, 2021 at 2:30 PM UTC time, giving users the freedom to choose their preferred platform.</p> <p>Below are additional details surrounding the IDO and token distribution/metrics:</p> <ul><li>$TSX Public Sale Price: $0.16</li><li>Available Tokens for Sale: 1.5 million $TSX</li><li>Initial Market Capitalization: $240,000</li><li>Maximum Amount to be Raised: $120,000 per platform</li><li>Users will not be required to partake in whitelisting for the event</li></ul> <p>Both platforms won’t require a minimum or maximum contribution cap, so users can contribute as much as they’d like during the sale.</p> <h2>BSCPad Instructions</h2> <p>BSCPad is a decentralized IDO platform on the Binance Smart Chain network. It was created to create a fair rewards distribution system for participants and provide every tier level with an assured allotment of funds.</p> <p>Users are required to have BUSD (Binance’s dollar-pegged stablecoin) as collateral to buy $TSX to allow them to invest in the IDO through the BSCPad.</p> <h2>ZeroSwap Instructions</h2> <p>ZeroSwap is a decentralized exchange aggregator protocol that is compatible with multiple chains. It was built to allow for on-chain gasless and zero-fee trades and serve as an umbrella across several different blockchains.</p> <p>For those interested investors that intend to participate in the IDO through ZeroSwap but are not yet registered on the platform they will need to first buy and deposit $ZEE tokens and have enough ETH to make the transaction and pay for gas fees. Additionally, participants will need to apply for the IDO and claim a “Proof of Participation” ticket. The winning tickets will be selected allowing only the lucky individuals to participate in the IDO.</p> </html>
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Transaction InfoBlock #53911837/Trx eb66bff6cefda744d699851fb8e79fb95363d15e
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      "permlink": "everything-you-need-to-know-about-tradestars-ido",
      "title": "Everything You Need To Know About TradeStars IDO",
      "body": "<html>\n<p><img src=\"https://www.cryptonewslist.com/wp-content/uploads/2021/05/everything-about-tradestars-ido-420x280-1.jpg\"/></p>\n<p>\rCurrently, TradeStars offers cricket and soccer markets in which users can participate in. And there’s more to come in the pipeline.</p>\n<p>TradeStars is an NFT and DeFi project aiming to take fantasy sports to a whole new level, merging the benefits of blockchain technology with real-life sports to appeal to sports fans everywhere. Users are able to use real sports game statistics while trading their favorite players, in addition to earning rewards on the side.</p>\n<p>These days, many new and exciting NFT and DeFi projects are launching their tokens to be made available to the public, opening up the doors for everyone to get a taste of the action.</p>\n<p>To that note, the TradeStars team has announced that they will be having an IDO (Initial DEX Offerings) for $TRX on the BSCPad and ZeroSwap platforms. The event is scheduled to take place on May 4, 2021.</p>\n<p>Here’s a quick summary about the project and further details regarding the upcoming IDO.</p>\n<h2>Project Summary</h2>\n<p>TradeStars is a new fantasy stock trading platform running on the Ethereum and Polygon Layer 2 blockchains. It functions similarly to a typical stock exchange, but adds the crypto element along with additional methods to earn revenue – this creates a fun and interactive way for users to collect and trade.</p>\n<p>Users can purchase and trade stocks of their favorite athletes, where the price of each stock is derived from real-life sports games and player performance (in addition to market supply and demand). Any of the assets can be traded at any time, and the performance of each player is tokenized through NFTs.</p>\n<p>Knowledge serves as power on the platform, as users can also receive rewards from other user’s transaction fees depending on how much they’ve invested in the different markets. Its overall business model takes monetization to a whole new level.</p>\n<p>Currently, TradeStars offers cricket and soccer markets in which users can participate in. There’s more to come in the pipeline, as they’ve announced that they’ll be adding markets for eSports, basketball, American football, and more.</p>\n<h2>IDO and $TRX Token Details</h2>\n<p>$TSX is TradeStar’s ERC-20 governance token. It gives holders governance power to vote and make proposals for the project, in addition to the ability to earn lucrative rewards from participating on the platform.</p>\n<p>The IDO will be launched concurrently on both BSCPad and ZeroSwap on May 4, 2021 at 2:30 PM UTC time, giving users the freedom to choose their preferred platform.</p>\n<p>Below are additional details surrounding the IDO and token distribution/metrics:</p>\n<ul><li>$TSX Public Sale Price: $0.16</li><li>Available Tokens for Sale: 1.5 million $TSX</li><li>Initial Market Capitalization: $240,000</li><li>Maximum Amount to be Raised: $120,000 per platform</li><li>Users will not be required to partake in whitelisting for the event</li></ul>\n<p>Both platforms won’t require a minimum or maximum contribution cap, so users can contribute as much as they’d like during the sale.</p>\n<h2>BSCPad Instructions</h2>\n<p>BSCPad is a decentralized IDO platform on the Binance Smart Chain network. It was created to create a fair rewards distribution system for participants and provide every tier level with an assured allotment of funds.</p>\n<p>Users are required to have BUSD (Binance’s dollar-pegged stablecoin) as collateral to buy $TSX to allow them to invest in the IDO through the BSCPad.</p>\n<h2>ZeroSwap Instructions</h2>\n<p>ZeroSwap is a decentralized exchange aggregator protocol that is compatible with multiple chains. It was built to allow for on-chain gasless and zero-fee trades and serve as an umbrella across several different blockchains.</p>\n<p>For those interested investors that intend to participate in the IDO through ZeroSwap but are not yet registered on the platform they will need to first buy and deposit $ZEE tokens and have enough ETH to make the transaction and pay for gas fees. Additionally, participants will need to apply for the IDO and claim a “Proof of Participation” ticket. The winning tickets will be selected allowing only the lucky individuals to participate in the IDO.</p>\n</html>",
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2021/05/16 06:43:21
votertokar854
authorblockcommerce
permlinkrare-collectibles-layer-2-utilization-and-polkamon-a-next-generation-nft
weight10000 (100.00%)
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2021/04/18 13:45:30
voterjjgold30
authorblockcommerce
permlinkpolkamarkets-changing-the-prediction-market-space
weight10000 (100.00%)
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2021/04/17 19:54:36
parent author
parent permlinkcryptocurrency
authorblockcommerce
permlinkthe-world-with-and-without-polkaswitch
titleThe World With And Without Polkaswitch
body![polkaswitch 3 copy.jpg](https://cdn.steemitimages.com/DQmZWcSfuDsnjsYDmSDGahdfTALbfqu6EQ2XXBjME2uatko/polkaswitch%203%20copy.jpg) Today, Ethereum-based DEXes have been taking the crypto world by storm and have assumed the front-and-center stage for optimized trading. DeFi users rely on Ethereum-based DEXes to execute quick and easy trades, the most popular being Uniswap. DEXes have amassed enormous amounts of liquidity, eating up a substantial portion of the market share from centralized competitors. Their use case is well established, as users of all kinds continue to flock to them to benefit from token offerings, anonymity, and convenience. All of these benefits don’t come without a cost, and these issues have left a plethora of challenges and unmet needs. Amidst all of the hype, there is a new player in town looking to change things up in the DeFi world, and that project is Polkaswitch. ## What is Polkaswitch? Polkaswitch is a decentralized cross-chain asset exchange and liquidity protocol that leverages the cumulative liquidity from DEXes on Polkadot, Ethereum, and other layer 1 solutions. Using various algorithms, it takes a holistic view across the DEXes and finds those with the highest liquidity and best price for the token you are trading. It is one of the first cross-chain trading solutions to be introduced to the market. It is undergoing beta testing in Q1 2021, followed by a highly anticipated testnet and eventual product launch in Q2/Q3 2021. Prominent features will include a clean and sleek user interface/trading view, a trustless system, and compatibility with top wallets such as MetaMask. ## The Problem with Ethereum-based DEXes Although Ethereum-based DEXes are continuing to grow and become increasingly popular, many issues have arisen, causing frustrations across the crypto community. This has led to users flocking to alternative layer 2 solutions or different chains entirely (i.e. Binance Smart Chain). The biggest issue is the extremely high gas fees on Ethereum. Some users have reported paying anywhere from tens to hundreds of dollars to simply approve or make a swap on Uniswap. Because of this, Ethereum’s scalability has slowed down tremendously (for the time being) and users are often highly disincentivized from trading. Trading options are also limited, as you are currently limited to only swapping one token from another without any advanced features. While convenient and easy-to-use, many users wish that DEXes offered more trading features, such as limit orders or advanced price charts. Lastly, there are simply too many DEXes to choose from; this is more of an inconvenience for users than a problem, with users often unsure of which one to use to get the fairest prices for their trades and ensure the quickest and most seamless executions. ## Polkaswitch to the Rescue Polkaswitch has quite a challenge ahead, as it aims to bring a new product to market with the hopes of alleviating most of the issues Ethereum users face. Fortunately, it has high hopes and strong institutional and community backing. In March 2021, it received $3 million in seed funding from several top VC firms to help fuel its growth. Furthermore, several recent partnerships with the likes of Moonbeam and Manta Network are expected to skyrocket its potential. With Polkaswitch, worries about swapping between DEXes are eliminated, as all of the prices and liquidity will be displayed from a birds eye view. Additionally, it will expand access to Polkadot DEXes, opening up more options for cheap and fast trading while still giving users the option to select from Ethereum and other layer 1 solutions. The user interface is expected to have a beautiful design, with simple price charts and trading options laid out on one screen. Compatibility with MetaMask will be supported, so the majority of users can keep their funds in-house. ## So what’s next? Now that we’ve dived deeper into Polkaswitch’s potential and the need it will fill, it’s difficult to imagine a world without it; the underlying concept and technology are indeed promising, and the community is getting more anxious each day for the anticipated product launch. The project is currently in development but is rushing ahead, so make sure to keep yourself informed on everything that’s happening by going to its website and following it on social media: - Website - Medium - Twitter - Telegram Announcement Group - Telegram Official Group
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      "permlink": "the-world-with-and-without-polkaswitch",
      "title": "The World With And Without Polkaswitch",
      "body": "![polkaswitch 3 copy.jpg](https://cdn.steemitimages.com/DQmZWcSfuDsnjsYDmSDGahdfTALbfqu6EQ2XXBjME2uatko/polkaswitch%203%20copy.jpg)\nToday, Ethereum-based DEXes have been taking the crypto world by storm and have assumed the front-and-center stage for optimized trading. DeFi users rely on Ethereum-based DEXes to execute quick and easy trades, the most popular being Uniswap. \n\nDEXes have amassed enormous amounts of liquidity, eating up a substantial portion of the market share from centralized competitors. Their use case is well established, as users of all kinds continue to flock to them to benefit from token offerings, anonymity, and convenience. \n\nAll of these benefits don’t come without a cost, and these issues have left a plethora of challenges and unmet needs. Amidst all of the hype, there is a new player in town looking to change things up in the DeFi world, and that project is Polkaswitch. \n\n## What is Polkaswitch?\nPolkaswitch is a decentralized cross-chain asset exchange and liquidity protocol that leverages the cumulative liquidity from DEXes on Polkadot, Ethereum, and other layer 1 solutions. Using various algorithms, it takes a holistic view across the DEXes and finds those with the highest liquidity and best price for the token you are trading. \n\nIt is one of the first cross-chain trading solutions to be introduced to the market. It is undergoing beta testing in Q1 2021, followed by a highly anticipated testnet and eventual product launch in Q2/Q3 2021. Prominent features will include a clean and sleek user interface/trading view, a trustless system, and compatibility with top wallets such as MetaMask. \n\n## The Problem with Ethereum-based DEXes\nAlthough Ethereum-based DEXes are continuing to grow and become increasingly popular, many issues have arisen, causing frustrations across the crypto community. This has led to users flocking to alternative layer 2 solutions or different chains entirely (i.e. Binance Smart Chain). \n\nThe biggest issue is the extremely high gas fees on Ethereum. Some users have reported paying anywhere from tens to hundreds of dollars to simply approve or make a swap on Uniswap. Because of this, Ethereum’s scalability has slowed down tremendously (for the time being) and users are often highly disincentivized from trading. \n\nTrading options are also limited, as you are currently limited to only swapping one token from another without any advanced features. While convenient and easy-to-use, many users wish that DEXes offered more trading features, such as limit orders or advanced price charts. \n\nLastly, there are simply too many DEXes to choose from; this is more of an inconvenience for users than a problem, with users often unsure of which one to use to get the fairest prices for their trades and ensure the quickest and most seamless executions. \n\n## Polkaswitch to the Rescue\nPolkaswitch has quite a challenge ahead, as it aims to bring a new product to market with the hopes of alleviating most of the issues Ethereum users face. Fortunately, it has high hopes and strong institutional and community backing. In March 2021, it received $3 million in seed funding from several top VC firms to help fuel its growth. Furthermore, several recent partnerships with the likes of Moonbeam and Manta Network are expected to skyrocket its potential.\n\nWith Polkaswitch, worries about swapping between DEXes are eliminated, as all of the prices and liquidity will be displayed from a birds eye view. Additionally, it will expand access to Polkadot DEXes, opening up more options for cheap and fast trading while still giving users the option to select from Ethereum and other layer 1 solutions.\n\nThe user interface is expected to have a beautiful design, with simple price charts and trading options laid out on one screen. Compatibility with MetaMask will be supported, so the majority of users can keep their funds in-house. \n\n## So what’s next?\nNow that we’ve dived deeper into Polkaswitch’s potential and the need it will fill, it’s difficult to imagine a world without it; the underlying concept and technology are indeed promising, and the community is getting more anxious each day for the anticipated product launch. \n\nThe project is currently in development but is rushing ahead, so make sure to keep yourself informed on everything that’s happening by going to its website and following it on social media:\n\n- Website\n- Medium\n- Twitter\n- Telegram Announcement Group\n- Telegram Official Group",
      "json_metadata": "{\"tags\":[\"cryptocurrency\",\"blockchain\",\"altcoins\",\"polkaswitch\"],\"image\":[\"https://cdn.steemitimages.com/DQmZWcSfuDsnjsYDmSDGahdfTALbfqu6EQ2XXBjME2uatko/polkaswitch%203%20copy.jpg\"],\"app\":\"steemit/0.2\",\"format\":\"markdown\"}"
    }
  ]
}
2021/04/17 19:44:39
parent author
parent permlinkcryptocurrency
authorblockcommerce
permlink5i2umg-the-rise-of-decentralized-prediction-markets
titleThe Rise Of Decentralized Prediction Markets
body![YFwOhuhTNeVvSpWwwllmFLQCd6G2-yb1i390i.jpeg](https://cdn.steemitimages.com/DQmRxb74k1YvZak7hwGGJdY1JPLdSFfA3EbHPSCwDDAwAU4/YFwOhuhTNeVvSpWwwllmFLQCd6G2-yb1i390i.jpeg) Blockchain technology is transforming multiple industries as new use cases for decentralised networks, products and services continue to emerge. The prediction markets is one such sector that is rapidly adopting blockchain technology as new decentralised platforms are emerging to rival the existing centralised ones. By nature, the prediction markets depend on crowdsourcing information from the general public to form beliefs and forecasts about the occurrence of future events. As such, the prediction markets are a perfect fit for the application of blockchain technology, which itself is dependent upon crowdsourcing. ## How the prediction markets work Prediction markets refers to exchange-traded markets that are dependent upon the outcome of specified events. They are often referred to as betting, information, ideas, or event derivatives markets as they provide interested parties with the opportunity to make predictions about wide ranging events and topics of interest. These can be as straightforward as predicting the next US president in an upcoming election to something as bold as forecasting next Tuesday’s weather. The main aim of prediction markets is to elicit and aggregate beliefs about the outcome of a future event. The traders then bet on the beliefs that they think will be the outcome. The different beliefs have varying payoffs that are determined by the proportion of traders that bet on each outcome. The prediction market is therefore made up of these traders on opposing sides. The prediction markets have become useful recently as they have been found to offer more accurate verifiable outcomes of various events in the public domain. One study found that the prediction markets were better placed to predict political outcomes more accurately than professional pollsters. Another study found that trading on orange juice futures could predict the weather more accurately as compared to the professional weather institutions. ## Limitations of centralised prediction markets For a long time, the prediction markets have been run centrally by institutions with greater degree of control over the trades. A centralised prediction market determines the events, participants, and rules of engagement. This brings about the following three issues: ## Closed Similar to mainstream financial markets, the prediction trade is limited by the stringent regulations, capital controls, and national borders. As a result, the market operators and regulatory agencies have become gatekeepers using their power to determine who is allowed to participate and the events that they can bet on. This limits the number of outcomes that the traders can speculate on whilst eliminating the ability to create their own markets. ## Censorship The centralised markets are constrained in such a manner that only low betting caps are allowed in an attempt to lower risks for the players. This bars highly confident participants from placing hueg bets to back their beliefs as it would sway the markets. Additionally, there is the lingering risk that the prediction markets could be easily shut down by regulatory agencies which discourages participation. ## Expensive Participating in centralised prediction markets is a very costly affair as the gatekeepers charge high fees. Participants have to pay trading fees, deposit and withdrawal fees while the market market takes a proportion of their profits. This is a deterrent for willing participants as the high fees eat into their potential returns. ## The blockchain connection Adoption of blockchain technology in the prediction markets not only eliminates these issues but also confers multiple other benefits that encourage participation and create an environment for robust activities. ## Open Decentralised prediction markets are open for anyone, anywhere to join and participate as they wish. Blockchain-based markets are public, peer-to-peer, permissionless networks that all interested participants can enter and bet on their forecasts. This openness and censorship resistant nature also enables anyone to create their own markets based on the events of their liking. ## Cheaper Blockchain-based prediction markets do not impose many charges on the participants. The only charges are the network fees that are required to keep the protocol secure. Usually, these are negligible thus players get to keep a substantial proportion of their winnings. ## Lower risk The network effects of decentralised prediction markets serve to lower the risk for the participants by keeping bad actors out. The platforms operate in a trustless environment where the players secure the network thus eliminating the counterparty risk involved with middlemen. They are also more resistant to censorship and corruption as they cannot be arbitrarily shut down by regulators as they transcend geographical restrictions. ## The Rise of Decentralized Prediction Markets The decentralised prediction markets have emerged over the past few years, providing participants with more efficient, cheap, and secure platforms for trading. Augur, Gnosis, and Polkamarkets are some of the leading platforms in the market today. ## Augur Augur is an Ethereum-based protocol that enables users to create their own prediction markets. The platform leverages smart contracts technology to build more sophisticated markets with cheaper and faster orders. Users also have greater access to liquidity on Augur as it aggregates buyers, sellers, and market makers under one roof thus greatly improving settlements in a robust market place. ## Gnosis Gnosis is also an Ethereum-based, open-source protocol for the DeFi predictions market. The platform allows users to directly trade cryptocurrencies, as a bet of their predicted outcome of an event in an open market. Its decentralised infrastructure also enables interested participants to create a prediction market or engage in the existing ones. users are free to interact in an open market through the power of smart contracts and receive outcome tokens through a secure settlement layer. ## Polkamarkets Polkamarkets, a new entrant to the prediction market, is built on the Polkadot network that allows users to take positions for wide ranging events in Esports, Crypto Futures, Sports, and Politics among others. The platform also has a financial &amp; information marketplace where participants can Tokenize your knowledge and earn from forecasting. Polkamarkets employs a new approach to the market by providing multiple avenues for monetising their predictions. Users can monetise their forecasts of future outcomes and events within an interoperable and decentralized infrastructure, where your beliefs become assets with financial value traded openly on the market. Participants can also participate by providing liquidity to the market and earn yield for their tokens.
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Transaction InfoBlock #52973815/Trx 96180aad3504dc41b10f03423ed171aae1de4ee9
View Raw JSON Data
{
  "trx_id": "96180aad3504dc41b10f03423ed171aae1de4ee9",
  "block": 52973815,
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  "timestamp": "2021-04-17T19:44:39",
  "op": [
    "comment",
    {
      "parent_author": "",
      "parent_permlink": "cryptocurrency",
      "author": "blockcommerce",
      "permlink": "5i2umg-the-rise-of-decentralized-prediction-markets",
      "title": "The Rise Of Decentralized Prediction Markets",
      "body": "![YFwOhuhTNeVvSpWwwllmFLQCd6G2-yb1i390i.jpeg](https://cdn.steemitimages.com/DQmRxb74k1YvZak7hwGGJdY1JPLdSFfA3EbHPSCwDDAwAU4/YFwOhuhTNeVvSpWwwllmFLQCd6G2-yb1i390i.jpeg)\nBlockchain technology is transforming multiple industries as new use cases for decentralised networks, products and services continue to emerge. The prediction markets is one such sector that is rapidly adopting blockchain technology as new decentralised platforms are emerging to rival the existing centralised ones. By nature, the prediction markets depend on crowdsourcing information from the general public to form beliefs and forecasts about the occurrence of future events. As such, the prediction markets are a perfect fit for the application of blockchain technology, which itself is dependent upon crowdsourcing.\n\n## How the prediction markets work\n\nPrediction markets refers to exchange-traded markets that are dependent upon the outcome of specified events. They are often referred to as betting, information, ideas, or event derivatives markets as they provide interested parties with the opportunity to make predictions about wide ranging events and topics of interest. These can be as straightforward as predicting the next US president in an upcoming election to something as bold as forecasting next Tuesday’s weather.\n\nThe main aim of prediction markets is to elicit and aggregate beliefs about the outcome of a future event. The traders then bet on the beliefs that they think will be the outcome. The different beliefs have varying payoffs that are determined by the proportion of traders that bet on each outcome. The prediction market is therefore made up of these traders on opposing sides.\n\nThe prediction markets have become useful recently as they have been found to offer more accurate verifiable outcomes of various events in the public domain. One study found that the prediction markets were better placed to predict political outcomes more accurately than professional pollsters. Another study found that trading on orange juice futures could predict the weather more accurately as compared to the professional weather institutions.\n\n## Limitations of centralised prediction markets\n\nFor a long time, the prediction markets have been run centrally by institutions with greater degree of control over the trades. A centralised prediction market determines the events, participants, and rules of engagement. This brings about the following three issues:\n\n## Closed\n\nSimilar to mainstream financial markets, the prediction trade is limited by the stringent regulations, capital controls, and national borders. As a result, the market operators and regulatory agencies have become gatekeepers using their power to determine who is allowed to participate and the events that they can bet on. This limits the number of outcomes that the traders can speculate on whilst eliminating the ability to create their own markets.\n\n## Censorship\n\nThe centralised markets are constrained in such a manner that only low betting caps are allowed in an attempt to lower risks for the players. This bars highly confident participants from placing hueg bets to back their beliefs as it would sway the markets. Additionally, there is the lingering risk that the prediction markets could be easily shut down by regulatory agencies which discourages participation.\n\n## Expensive\n\nParticipating in centralised prediction markets is a very costly affair as the gatekeepers charge high fees. Participants have to pay trading fees, deposit and withdrawal fees while the market market takes a proportion of their profits. This is a deterrent for willing participants as the high fees eat into their potential returns.\n\n## The blockchain connection\n\nAdoption of blockchain technology in the prediction markets not only eliminates these issues but also confers multiple other benefits that encourage participation and create an environment for robust activities.\n\n## Open\n\nDecentralised prediction markets are open for anyone, anywhere to join and participate as they wish. Blockchain-based markets are public, peer-to-peer, permissionless networks that all interested participants can enter and bet on their forecasts. This openness and censorship resistant nature also enables anyone to create their own markets based on the events of their liking.\n\n## Cheaper\n\nBlockchain-based prediction markets do not impose many charges on the participants. The only charges are the network fees that are required to keep the protocol secure. Usually, these are negligible thus players get to keep a substantial proportion of their winnings.\n\n## Lower risk\n\nThe network effects of decentralised prediction markets serve to lower the risk for the participants by keeping bad actors out. The platforms operate in a trustless environment where the players secure the network thus eliminating the counterparty risk involved with middlemen. They are also more resistant to censorship and corruption as they cannot be arbitrarily shut down by regulators as they transcend geographical restrictions.  \n\n## The Rise of Decentralized Prediction Markets\n\nThe decentralised prediction markets have emerged over the past few years, providing participants with more efficient, cheap, and secure platforms for trading. Augur, Gnosis, and Polkamarkets are some of the leading platforms in the market today.\n\n## Augur\n\nAugur is an Ethereum-based protocol that enables users to create their own prediction markets. The platform leverages smart contracts technology to build more sophisticated markets with cheaper and faster orders. Users also have greater access to liquidity on Augur as it aggregates buyers, sellers, and market makers under one roof thus greatly improving settlements in a robust market place.\n\n## Gnosis\n\nGnosis is also an Ethereum-based, open-source protocol for the DeFi predictions market. The platform allows users to directly trade cryptocurrencies, as a bet of their predicted outcome of an event in an open market. Its decentralised infrastructure also enables interested participants to create a prediction market or engage in the existing ones. users are free to interact in an open market through the power of smart contracts and receive outcome tokens through a secure settlement layer.\n\n## Polkamarkets\n\nPolkamarkets, a new entrant to the prediction market, is built on the Polkadot network that allows users to take positions for wide ranging events in Esports, Crypto Futures, Sports, and Politics among others. The platform also has a financial &amp; information marketplace where participants can Tokenize your knowledge and earn from forecasting. \n\nPolkamarkets employs a new approach to the market by providing multiple avenues for monetising their predictions. Users can monetise their forecasts of future outcomes and events within an interoperable and decentralized infrastructure, where your beliefs become assets with financial value traded openly on the market. Participants can also participate by providing liquidity to the market and earn yield for their tokens.",
      "json_metadata": "{\"tags\":[\"cryptocurrency\",\"blockchain\",\"altcoins\",\"polkamarkets\"],\"image\":[\"https://cdn.steemitimages.com/DQmRxb74k1YvZak7hwGGJdY1JPLdSFfA3EbHPSCwDDAwAU4/YFwOhuhTNeVvSpWwwllmFLQCd6G2-yb1i390i.jpeg\"],\"app\":\"steemit/0.2\",\"format\":\"markdown\"}"
    }
  ]
}
2021/04/16 19:19:48
parent author
parent permlinkcryptocurrency
authorblockcommerce
permlinkpolkamarkets-changing-the-prediction-market-space
titlePolkamarkets: Changing The Prediction Market Space
body![Polkamarkets copy.jpg](https://cdn.steemitimages.com/DQmQzwvN91MQZHRiYg8Z9sdDRcnoLkHt5onbuzftYBi7zHK/Polkamarkets%20copy.jpg) Prediction markets have gained quite a lot of prominence over the recent past. Significant factors contributing to these markets’ growth are the growing popularity of cryptocurrency and blockchain-based applications. Another factor is the limitations and endless regulations of mainstream prediction markets that drive users to search for better alternatives. Decentralized prediction markets offer flexibility which allows users to trade on the outcome of future political or sporting events in an open, cheaper, and less censored manner. Users can also create their own markets, make predictions and set the terms of engagement. Users can also trade on a small fraction of the outcome, getting rewarded only on their predictions. ## What Is Polkamarkets? Polkamarkets is a DeFi powered prediction market. It introduces an innovative approach to the prediction and forecasting markets. Polkamarkets hopes to use blockchain technology to open up the market to more users worldwide and help users with an alternative means to earn money through their predictions. Built on the Polkadot blockchain, Polkamarkets combines DeFi and liquidity incentives, bringing in a new era of prediction markets and forecasting. Polkamarkets has disrupted the existing prediction markets and has become the most sought-after forecasting tool. It utilizes the Polkadot blockchain’s key components; Polkamarkets runs in a decentralized manner while also being interoperable with other distributed systems, ensuring cross-chain trading and information exchange. Polkamarkets hopes to succeed where other prediction markets have tried and failed. Prediction markets and forecasting depend on the number of participants; the more data and participants, the more effective the platform. Polkamarkets achieves this by incentivizing liquidity providers and traders to facilitate and also take large positions. There is also a system of curation and resolution to ensure efficient and trustworthy markets. Polkamarkets has attracted significant attention, and going by their recently concluded strategic sale round; the project looks to be a runaway success. Several significant investors have thrown their weight behind the project, and it has raised $625,000 in less than two weeks. Polkamarkets list of backers includes Morningstar Ventures, Moonrock Capital, NGC Ventures, Astronaut Capital, and Spark Capital. Over 10,000 parties expressed interest during the strategic round. Polkamarkets hopes to create a DeFi powered prediction market that allows users to take positions on the outcome of events in the real world, using the Polkadot blockchain’s power. ## What Is The Problem With Prediction Markets? Prediction markets suffer from issues such as low liquidity, fewer markets, and a lack of traders. The total prediction volume averaged only $1 million per day in 2020, and this figure was even smaller in previous years. Such low numbers make it impossible for traders to take sizable positions or hedge against future outcomes. Low volumes also lead to low liquidity, leading to low fees for platform providers due to the lack of active traders. Current prediction markets also offer zero incentive for users to use the markets daily. They also provide no entertainment value, leading to people losing interest in them. Also, markets like Esports, crypto price predictions, and sports are missing from current prediction markets. These issues need to be addressed so that prediction markets, and this is where Polkamarkets comes into the picture. ## How Does Polkamarkets Function? Polkamarkets allows users to monetize their predictions of real-world events. They can do this within an interoperable and decentralized environment. It allows users to convert their beliefs into assets that have financial value and can be traded in an open market. It also allows users to buy and sell fractions of outcomes. Users can also create their own events, where they can trade, make forecasts, and be rewarded for their predictions. Polkamarkets is more than a prediction market. It also has entertainment features like NFT-based gamification, integration of live-streaming so that users can take in-play positions on sports and Esports. Users can also take positions on daily crypto prices. Polkamarkets will also support virtual events, live chats, making them a key addition to the platform. ## What Are The Features Of Polkamarkets? - **DeFi Powered Rewards:** Users and Liquidity Providers on Polkamarkets can mine the $POLK token by predicting and providing liquidity. NFTs will give users exclusive access to features on Polkamarkets. - **Entertainment Value:**- Polkamarkets supports NFT-based gamification and the integration of live-streaming, allowing users to take in-play positions on sports and Esports events. It also allows users to take positions on crypto prices. The platform also supports live chats and virtual events in online communities. - **User-based Fee Economy:** Platform fees on Polkamarkets are sent directly to the platform users and the Liquidity Providers. - **Open Market:** Polkamarkets incentivizes liquidity providers to provide liquid markets. It allows them to earn yield farming rewards and trading fees. - **Tools:** Users require the $POLK token to create a prediction market on Polkamarkets. - **A Curated Event List:** Prediction markets on Polkamarkets will be curated by $POLK holders, ensuring an open and safe market. The approach taken by Polkamarkets towards prediction markets is a suitable solution to improve trade volumes and gives users several additional benefits. Polkamarkets has introduced a new approach to prediction markets and forecasting and is all set to become the prediction market space’s go-to platform.
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Transaction InfoBlock #52944882/Trx 69b872152b5d09755f08c39a51b19ff4e7b22819
View Raw JSON Data
{
  "trx_id": "69b872152b5d09755f08c39a51b19ff4e7b22819",
  "block": 52944882,
  "trx_in_block": 11,
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  "virtual_op": 0,
  "timestamp": "2021-04-16T19:19:48",
  "op": [
    "comment",
    {
      "parent_author": "",
      "parent_permlink": "cryptocurrency",
      "author": "blockcommerce",
      "permlink": "polkamarkets-changing-the-prediction-market-space",
      "title": "Polkamarkets: Changing The Prediction Market Space",
      "body": "![Polkamarkets copy.jpg](https://cdn.steemitimages.com/DQmQzwvN91MQZHRiYg8Z9sdDRcnoLkHt5onbuzftYBi7zHK/Polkamarkets%20copy.jpg)\nPrediction markets have gained quite a lot of prominence over the recent past. Significant factors contributing to these markets’ growth are the growing popularity of cryptocurrency and blockchain-based applications. Another factor is the limitations and endless regulations of mainstream prediction markets that drive users to search for better alternatives.\nDecentralized prediction markets offer flexibility which allows users to trade on the outcome of future political or sporting events in an open, cheaper, and less censored manner. Users can also create their own markets, make predictions and set the terms of engagement. Users can also trade on a small fraction of the outcome, getting rewarded only on their predictions.\n## What Is Polkamarkets?\nPolkamarkets is a DeFi powered prediction market. It introduces an innovative approach to the prediction and forecasting markets. Polkamarkets hopes to use blockchain technology to open up the market to more users worldwide and help users with an alternative means to earn money through their predictions.\nBuilt on the Polkadot blockchain, Polkamarkets combines DeFi and liquidity incentives, bringing in a new era of prediction markets and forecasting. Polkamarkets has disrupted the existing prediction markets and has become the most sought-after forecasting tool. It utilizes the Polkadot blockchain’s key components; Polkamarkets runs in a decentralized manner while also being interoperable with other distributed systems, ensuring cross-chain trading and information exchange.\nPolkamarkets hopes to succeed where other prediction markets have tried and failed. Prediction markets and forecasting depend on the number of participants; the more data and participants, the more effective the platform. Polkamarkets achieves this by incentivizing liquidity providers and traders to facilitate and also take large positions. There is also a system of curation and resolution to ensure efficient and trustworthy markets.\nPolkamarkets has attracted significant attention, and going by their recently concluded strategic sale round; the project looks to be a runaway success. Several significant investors have thrown their weight behind the project, and it has raised $625,000 in less than two weeks. Polkamarkets list of backers includes Morningstar Ventures, Moonrock Capital, NGC Ventures, Astronaut Capital, and Spark Capital. Over 10,000 parties expressed interest during the strategic round.\nPolkamarkets hopes to create a DeFi powered prediction market that allows users to take positions on the outcome of events in the real world, using the Polkadot blockchain’s power.\n## What Is The Problem With Prediction Markets?\nPrediction markets suffer from issues such as low liquidity, fewer markets, and a lack of traders. The total prediction volume averaged only $1 million per day in 2020, and this figure was even smaller in previous years. Such low numbers make it impossible for traders to take sizable positions or hedge against future outcomes. Low volumes also lead to low liquidity, leading to low fees for platform providers due to the lack of active traders.\nCurrent prediction markets also offer zero incentive for users to use the markets daily. They also provide no entertainment value, leading to people losing interest in them. Also, markets like Esports, crypto price predictions, and sports are missing from current prediction markets. These issues need to be addressed so that prediction markets, and this is where Polkamarkets comes into the picture.\n## How Does Polkamarkets Function?\nPolkamarkets allows users to monetize their predictions of real-world events. They can do this within an interoperable and decentralized environment. It allows users to convert their beliefs into assets that have financial value and can be traded in an open market.\nIt also allows users to buy and sell fractions of outcomes. Users can also create their own events, where they can trade, make forecasts, and be rewarded for their predictions.\nPolkamarkets is more than a prediction market. It also has entertainment features like NFT-based gamification, integration of live-streaming so that users can take in-play positions on sports and Esports. Users can also take positions on daily crypto prices. Polkamarkets will also support virtual events, live chats, making them a key addition to the platform.\n## What Are The Features Of Polkamarkets?\n- **DeFi Powered Rewards:** Users and Liquidity Providers on Polkamarkets can mine the $POLK token by predicting and providing liquidity. NFTs will give users exclusive access to features on Polkamarkets.\n- **Entertainment Value:**- Polkamarkets supports NFT-based gamification and the integration of live-streaming, allowing users to take in-play positions on sports and Esports events. It also allows users to take positions on crypto prices. The platform also supports live chats and virtual events in online communities.\n- **User-based Fee Economy:** Platform fees on Polkamarkets are sent directly to the platform users and the Liquidity Providers.\n- **Open Market:** Polkamarkets incentivizes liquidity providers to provide liquid markets. It allows them to earn yield farming rewards and trading fees.\n- **Tools:** Users require the $POLK token to create a prediction market on Polkamarkets.\n- **A Curated Event List:** Prediction markets on Polkamarkets will be curated by $POLK holders, ensuring an open and safe market.\nThe approach taken by Polkamarkets towards prediction markets is a suitable solution to improve trade volumes and gives users several additional benefits. Polkamarkets has introduced a new approach to prediction markets and forecasting and is all set to become the prediction market space’s go-to platform.",
      "json_metadata": "{\"tags\":[\"cryptocurrency\",\"blockchain\",\"altcoins\",\"polkamarkets\",\"nfts\"],\"image\":[\"https://cdn.steemitimages.com/DQmQzwvN91MQZHRiYg8Z9sdDRcnoLkHt5onbuzftYBi7zHK/Polkamarkets%20copy.jpg\"],\"app\":\"steemit/0.2\",\"format\":\"markdown\"}"
    }
  ]
}
2021/04/16 18:59:27
parent author
parent permlinkcryptocurrency
authorblockcommerce
permlinkchainguardians-a-brief-review
titleChainGuardians: A Brief Review
body![b70cfbdc1524f9f30cefa2656c3ad931.png](https://cdn.steemitimages.com/DQmPM4XaULyrsC6V7ns3i2oW3RmtPHU17mqEYJnxxgv9LDd/b70cfbdc1524f9f30cefa2656c3ad931.png) ## Introduction Blockchain technology has several use cases; in fact, the technology has the potential to change the world. It can also be applied to the world of video games. Blockchain technology could be used as a payment mechanism to make in-game purchases and can also be used to create and manage in-game currency accounts. How would this function? A blockchain could be used to manage player rewards like gems, coins, and other collectibles. Blockchains also have other applications in the gaming ecosystem. The most significant of these is the use of blockchain as a game. One example of this is CryptoKitties. CryptoKitties is a blockchain-based game that allows players to collect and sell different types of virtual cats. ChainGuadrians is the latest blockchain-based game, so let’s take a brief look at the game. ## Chainguardians: A Brief Introduction ChainGuardians is the newest blockchain-based game on the scene. It is a blockchain-based, anime-inspired collectible game powered by blockchain technology and Non-fungible tokens (NFTs). The team at ChainGuardians hopes that the game brings a unique gaming experience to the NFT community. It also hopes to create an ecosystem that actively promotes competitive gaming, advanced game economics, and expandable blockchain worlds. The end goal of the ChainGuardians platform is to create a blockchain gaming experience, combining blockchain technology and traditional gaming, along with a platform that can function as a completely separate entity or on existing virtual worlds. ## Delving A Little Deeper ChainGuardians is available on web-platforms and mobile platforms. The game’s in-game assets are based on the Ethereum blockchain and are represented as ERC-721 tokens. ChainGuardians introduces a gaming element to blockchain technology, governing the platform’s mechanics through advanced game economics and chain-analysis technology. All in-game assets like armors, weapons, and even the characters are crypto-collectible NFTs. This makes each of them unique. The in-game collectibles are of limited quantity and can be bought or sold in secondary NFT markets. There are several blockchain-based games out there today. However, the team behind ChainGuardians believes that the game is different in the following ways. The consistent development of game content and platform playability. The game has multiple game modes, including player vs. player. The implementation of a loyalty reward system. The implementation of a bot prevention system. Regular competitions and other events to encourage user participation. The ChainGuardians platform offers two different games for players, a Role-Playing Game (RPG) and an NFT-Mining game. Players can earn significant rewards by participating in either of the two games. Let’s look at each of them. ## The ChainGuardians RPG The ChainGuardians RPG allows players to earn rewards from the platform. In-game achievements like increasing their characters’ level or winning against other players help players earn ChainGuardian Credit (CGC) tokens. Players can work together and take down enemy characters such as gatekeepers. The players can earn credits, armaments, gain power, and other in-game assets by playing and progressing. These in-game assets help players to increase their character’s strength. When a player isn’t active, the platform will conduct AI-battles. These battles factor in the character attributes for each battle. Players can earn ChainGuardian Credits (CGC), which can be exchanged for ChainGuardians Governance (CGG) tokens, or it can be used to avail other services on the platform. The CGG token allows token holders to vote on any changes or upgrades that need to be performed on the ChainGuardians ecosystem. ## The NFT Mining Game Players can also play the NFT mining game instead of the RPG by staking NFTs partnered by ChainGuardians. How can they do this? By either purchasing their own NFTs or selecting them from a supported project such as the “CryptoVerse Alliance.” Once a player chooses an NFT, they can start mining. Through mining, players can earn ChainGuardian Credits (CGC), which can be used to make in-game purchases on the RPG or can be converted into the ChainGuardian Governance (CGG) token. ## The ChainGuardian Token The ChainGuardian Governance (CGG) token is an ERC-20 token that is the driving force of the ChainGuardians ecosystem. The tokens are based on the Ethereum network and have several use cases. Staking: Players can stake the CGG tokens, and players can earn NFTs. Governance: the CGG token can be used as a governance token, allowing players to vote on any changes or actions on the ChainGuardians platform. Payment System: the CGG token can be used as a payment system, allowing players to earn revenue through token buy-backs. The token's primary function is to reward players in the ecosystem. The POWER token backs the platform’s liquidity pool. Users that stake CGG tokens are entitled to POWER rewards. These can be redeemed later. ## ChainGuardian Token Benefits The CGG token has several benefits. The CGG token is a step towards the team’s vision of community-led development and growth. Players can earn these tokens by staking NFTs in the NFT mining game. If the player gets a block, he is rewarded with CGC tokens, which players can convert to CGG tokens. The other way of earning CGG tokens is by playing the RPG game. ## **Conclusion** ChainGuardians is an interesting use case of blockchain technology in gaming. The platform has significant potential and is continuously being improved by developers. The game features liquidity mining and staking and has integrated blockchain concepts to give users a gamified experience. The team behind ChainGuardians hopes that it can create a gaming ecosystem that is based around competitive gameplay and advanced game economics. A 3D game is also in the pipeline and should be launched by the end of 2021.
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Transaction InfoBlock #52944483/Trx 2afbdb5159f0b68e8ec7e3a2809b3b8819f02493
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      "permlink": "chainguardians-a-brief-review",
      "title": "ChainGuardians: A Brief Review",
      "body": "![b70cfbdc1524f9f30cefa2656c3ad931.png](https://cdn.steemitimages.com/DQmPM4XaULyrsC6V7ns3i2oW3RmtPHU17mqEYJnxxgv9LDd/b70cfbdc1524f9f30cefa2656c3ad931.png)\n## Introduction \nBlockchain technology has several use cases; in fact, the technology has the potential to change the world. It can also be applied to the world of video games. Blockchain technology could be used as a payment mechanism to make in-game purchases and can also be used to create and manage in-game currency accounts. \n\nHow would this function? A blockchain could be used to manage player rewards like gems, coins, and other collectibles. Blockchains also have other applications in the gaming ecosystem. The most significant of these is the use of blockchain as a game. One example of this is CryptoKitties. CryptoKitties is a blockchain-based game that allows players to collect and sell different types of virtual cats. ChainGuadrians is the latest blockchain-based game, so let’s take a brief look at the game. \n\n## Chainguardians: A Brief Introduction \nChainGuardians is the newest blockchain-based game on the scene. It is a blockchain-based, anime-inspired collectible game powered by blockchain technology and Non-fungible tokens (NFTs). The team at ChainGuardians hopes that the game brings a unique gaming experience to the NFT community. It also hopes to create an ecosystem that actively promotes competitive gaming, advanced game economics, and expandable blockchain worlds. \n\nThe end goal of the ChainGuardians platform is to create a blockchain gaming experience, combining blockchain technology and traditional gaming, along with a platform that can function as a completely separate entity or on existing virtual worlds. \n\n## Delving A Little Deeper \nChainGuardians is available on web-platforms and mobile platforms. The game’s in-game assets are based on the Ethereum blockchain and are represented as ERC-721 tokens. ChainGuardians introduces a gaming element to blockchain technology, governing the platform’s mechanics through advanced game economics and chain-analysis technology. \n\nAll in-game assets like armors, weapons, and even the characters are crypto-collectible NFTs. This makes each of them unique. The in-game collectibles are of limited quantity and can be bought or sold in secondary NFT markets.  \n\nThere are several blockchain-based games out there today. However, the team behind ChainGuardians believes that the game is different in the following ways. \n\nThe consistent development of game content and platform playability. \nThe game has multiple game modes, including player vs. player. \nThe implementation of a loyalty reward system.\nThe implementation of a bot prevention system. \nRegular competitions and other events to encourage user participation. \nThe ChainGuardians platform offers two different games for players, a Role-Playing Game (RPG) and an NFT-Mining game. Players can earn significant rewards by participating in either of the two games. Let’s look at each of them. \n\n## The ChainGuardians RPG \nThe ChainGuardians RPG allows players to earn rewards from the platform. In-game achievements like increasing their characters’ level or winning against other players help players earn ChainGuardian Credit (CGC) tokens. Players can work together and take down enemy characters such as gatekeepers. \n\nThe players can earn credits, armaments, gain power, and other in-game assets by playing and progressing. These in-game assets help players to increase their character’s strength. When a player isn’t active, the platform will conduct AI-battles. These battles factor in the character attributes for each battle. \n\nPlayers can earn ChainGuardian Credits (CGC), which can be exchanged for ChainGuardians Governance (CGG) tokens, or it can be used to avail other services on the platform. The CGG token allows token holders to vote on any changes or upgrades that need to be performed on the ChainGuardians ecosystem. \n## The NFT Mining Game \nPlayers can also play the NFT mining game instead of the RPG by staking NFTs partnered by ChainGuardians. How can they do this? By either purchasing their own NFTs or selecting them from a supported project such as the “CryptoVerse Alliance.” \n\nOnce a player chooses an NFT, they can start mining. Through mining, players can earn ChainGuardian Credits (CGC), which can be used to make in-game purchases on the RPG or can be converted into the ChainGuardian Governance (CGG) token. \n\n## The ChainGuardian Token \nThe ChainGuardian Governance (CGG) token is an ERC-20 token that is the driving force of the ChainGuardians ecosystem. The tokens are based on the Ethereum network and have several use cases. \n\nStaking: Players can stake the CGG tokens, and players can earn NFTs.\nGovernance: the CGG token can be used as a governance token, allowing players to vote on any changes or actions on the ChainGuardians platform. \nPayment System: the CGG token can be used as a payment system, allowing players to earn revenue through token buy-backs. \nThe token's primary function is to reward players in the ecosystem. The POWER token backs the platform’s liquidity pool. Users that stake CGG tokens are entitled to POWER rewards. These can be redeemed later. \n\n## ChainGuardian Token Benefits \nThe CGG token has several benefits. The CGG token is a step towards the team’s vision of community-led development and growth. Players can earn these tokens by staking NFTs in the NFT mining game. If the player gets a block, he is rewarded with CGC tokens, which players can convert to CGG tokens. The other way of earning CGG tokens is by playing the RPG game. \n\n## **Conclusion**\nChainGuardians is an interesting use case of blockchain technology in gaming. The platform has significant potential and is continuously being improved by developers. The game features liquidity mining and staking and has integrated blockchain concepts to give users a gamified experience. \n\nThe team behind ChainGuardians hopes that it can create a gaming ecosystem that is based around competitive gameplay and advanced game economics. A 3D game is also in the pipeline and should be launched by the end of 2021.",
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2021/04/15 18:29:09
parent author
parent permlinkcryptocurrency
authorblockcommerce
permlinkbehind-the-technology-that-powers-polkaswitch-a-decentralized-cross-chain-liquidity-protocol
titleBehind The Technology That Powers Polkaswitch: A Decentralized Cross-Chain Liquidity Protocol
body<html> <p><img src="https://www.cryptonewslist.com/wp-content/uploads/2021/04/Behind-the-Technology-that-Powers-Polkaswitch-1024x581.png"/> <br/> Polkaswitch is a decentralized cross-chain asset exchange and liquidity protocol that allows users to trade Polkadot, Ethereum, and ERC20 tokens across a multitude of DEXes across the DeFi ecosystem. The project is aiming to synthesize these different chains in order to create the most optimal user experience, housing everything in one place.</p> <p>Once fully developed and implemented, the protocol is bound to set the stage for incredible developments in the DeFi space. Never before has the DeFi space seen something like this, as Polkaswitch is looking to enhance the overall DEX marketplace by encouraging the utilization of both Polkadot and Ethereum. It also has a first-mover advantage, so there’s no question it will make a big splash and generate tremendous buzz.</p> <p>Behind this incredible proposition and outlook lies the core driver of the project: the technology. Understanding the concepts driving the project forward will give you insight into how impactful it can be for the crypto community. </p> <h1>Basics Behind the Technology </h1> <p>First and foremost, the technology behind Polkaswitch is poised to create the most appealing and intuitive trading platform, focused on simplicity in its truest form. The user interface will be designed to be sleek on the front end while integrating all of the necessary components on the backend. </p> <p>The project is strongly committed to ensuring total decentralization, as it is a permissionless protocol overseen by users and liquidity providers. Additionally, it is 100% trustless and non-custodial, making you the sole owner of your digital tokens; your assets are kept in a contract wallet and are always publicly available, maintaining the decentralized nature of crypto. </p> <p>If you’ve used DEXes before, so far there’s nothing new, however we are just getting into the details of what makes Polkaswitch special.</p> <h1>Technological Implementation</h1> <p>In order to bundle all of the liquidity across major Ethereum and Polkadot DEXes, Polkaswitch uses advanced algorithms, contracts, and bridges. This solves the issue of insufficient liquidity when trying to trade a specific asset on a single DEX, which can cause massive spikes in price impacts and turn into a major inconvenience. </p> <p>Once the best liquidity source has been detected for the token you are attempting to trade, Polkaswitch will execute the order using the best offer received from the DEXs it sourced liquidity from. All in all, it is capturing as much information as possible to feed users with the best available and accurate data for trading.</p> <p>MetaMask is the wallet of choice that can be utilized to interact with the protocol in order to facilitate and approve transactions. Serving as one the most utilized and compatible wallets in the space, its integration is critical to ensuring the user experience runs as smoothly as possible and reduces the learning curve for new and existing traders.</p> <p>The days of scrambling between multiple DEXes and paying exorbitant gas fees are almost behind us!</p> <h1>Partnerships</h1> <p>The project has announced two major partnerships to accelerate and leverage technological advancements:</p> <ul><li><strong>Moonbeam: </strong>An Ethereum-compatible smart contract parachain on Polkadot, it has partnered with Polkaswitch to integrate with the Ethereum Virtual Machine, a virtual stack implanted within each Ethereum node that executes contract bytecodes. </li><li><strong>Manta Network:</strong> An interoperable privacy protocol for Defi, currently building a privacy-preserving layer 1 DEX, has partnered with Polkaswitch to tackle some of DeFi’s weaknesses, provide higher liquidity, and achieving truly decentralized cross-chain trading</li></ul> <p>More partnerships are in the pipeline, which will help lead to even further developments and use cases for the protocol. </p> <h1>Stay Informed on the Future of Polkaswitch</h1> <p>The roadmap for Polkaswitch has really taken off in Q1 2021, with much more to come in Q2 and Q3 2021. A testnet launch is underway, with a mainnet and product launch on the horizon. More developments are in the cards leading up to the finalization of the product, and you won’t want to miss out! </p> <p>Check out Polkaswitch’s platforms and website below for more information:</p> <ul><li>Website</li><li>Medium</li><li>Twitter</li><li>Telegram Announcement Group</li><li>Telegram Official Group</li></ul> <p></p> </html>
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Transaction InfoBlock #52915400/Trx 23c0a68a474d36b08a090cfe6fbaa037a1877504
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      "parent_permlink": "cryptocurrency",
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      "permlink": "behind-the-technology-that-powers-polkaswitch-a-decentralized-cross-chain-liquidity-protocol",
      "title": "Behind The Technology That Powers Polkaswitch: A Decentralized Cross-Chain Liquidity Protocol",
      "body": "<html>\n<p><img src=\"https://www.cryptonewslist.com/wp-content/uploads/2021/04/Behind-the-Technology-that-Powers-Polkaswitch-1024x581.png\"/>\r<br/>\rPolkaswitch is a decentralized cross-chain asset exchange and liquidity protocol that allows users to trade Polkadot, Ethereum, and ERC20 tokens across a multitude of DEXes across the DeFi ecosystem. The project is aiming to synthesize these different chains in order to create the most optimal user experience, housing everything in one place.</p>\n<p>Once fully developed and implemented, the protocol is bound to set the stage for incredible developments in the DeFi space. Never before has the DeFi space seen something like this, as Polkaswitch is looking to enhance the overall DEX marketplace by encouraging the utilization of both Polkadot and Ethereum. It also has a first-mover advantage, so there’s no question it will make a big splash and generate tremendous buzz.</p>\n<p>Behind this incredible proposition and outlook lies the core driver of the project: the technology. Understanding the concepts driving the project forward will give you insight into how impactful it can be for the crypto community. </p>\n<h1>Basics Behind the Technology </h1>\n<p>First and foremost, the technology behind Polkaswitch is poised to create the most appealing and intuitive trading platform, focused on simplicity in its truest form. The user interface will be designed to be sleek on the front end while integrating all of the necessary components on the backend. </p>\n<p>The project is strongly committed to ensuring total decentralization, as it is a permissionless protocol overseen by users and liquidity providers. Additionally, it is 100% trustless and non-custodial, making you the sole owner of your digital tokens; your assets are kept in a contract wallet and are always publicly available, maintaining the decentralized nature of crypto. </p>\n<p>If you’ve used DEXes before, so far there’s nothing new, however we are just getting into the details of what makes Polkaswitch special.</p>\n<h1>Technological Implementation</h1>\n<p>In order to bundle all of the liquidity across major Ethereum and Polkadot DEXes, Polkaswitch uses advanced algorithms, contracts, and bridges. This solves the issue of insufficient liquidity when trying to trade a specific asset on a single DEX, which can cause massive spikes in price impacts and turn into a major inconvenience. </p>\n<p>Once the best liquidity source has been detected for the token you are attempting to trade, Polkaswitch will execute the order using the best offer received from the DEXs it sourced liquidity from. All in all, it is capturing as much information as possible to feed users with the best available and accurate data for trading.</p>\n<p>MetaMask is the wallet of choice that can be utilized to interact with the protocol in order to facilitate and approve transactions. Serving as one the most utilized and compatible wallets in the space, its integration is critical to ensuring the user experience runs as smoothly as possible and reduces the learning curve for new and existing traders.</p>\n<p>The days of scrambling between multiple DEXes and paying exorbitant gas fees are almost behind us!</p>\n<h1>Partnerships</h1>\n<p>The project has announced two major partnerships to accelerate and leverage technological advancements:</p>\n<ul><li><strong>Moonbeam: </strong>An Ethereum-compatible smart contract parachain on Polkadot, it has partnered with Polkaswitch to integrate with the Ethereum Virtual Machine, a virtual stack implanted within each Ethereum node that executes contract bytecodes. </li><li><strong>Manta Network:</strong> An interoperable privacy protocol for Defi, currently building a privacy-preserving layer 1 DEX, has partnered with Polkaswitch to tackle some of DeFi’s weaknesses, provide higher liquidity, and achieving truly decentralized cross-chain trading</li></ul>\n<p>More partnerships are in the pipeline, which will help lead to even further developments and use cases for the protocol. </p>\n<h1>Stay Informed on the Future of Polkaswitch</h1>\n<p>The roadmap for Polkaswitch has really taken off in Q1 2021, with much more to come in Q2 and Q3 2021. A testnet launch is underway, with a mainnet and product launch on the horizon. More developments are in the cards leading up to the finalization of the product, and you won’t want to miss out! </p>\n<p>Check out Polkaswitch’s platforms and website below for more information:</p>\n<ul><li>Website</li><li>Medium</li><li>Twitter</li><li>Telegram Announcement Group</li><li>Telegram Official Group</li></ul>\n<p></p>\n</html>",
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2021/04/15 18:23:15
parent author
parent permlinkcryptocurrency
authorblockcommerce
permlinkthe-future-of-gaming-is-nfts-robbie-cochrane-co-founder-of-chainguardians
titleThe Future Of Gaming Is NFTs – Robbie Cochrane, Co-Founder Of ChainGuardians
body<html> <p><img src="https://www.cryptonewslist.com/wp-content/uploads/2021/04/7rEmNIeHNFOBfZZtUMQerOZIGGH3-azc835si-1024x576.jpeg"/> <br/> <br/><strong>Ishan Pandey:</strong> <em>Hi Robbie, welcome to our series “Behind the Startup.” Please tell us about yourself and the story behind ChainGuardians?</em></p> <p><strong>Robbie Cochrane:</strong> Hi Ishan, thank you for inviting me to this interview. Mad respect to the Hacker Noon team and community. For myself: I’ve been in the crypto space since 2017 (pre-last bull run) and I’ve been here ever since. In the early days, I was heavily involved in building in Decentraland and partaking in consultancy work for a start-up focused on marketing/comms. In late 2018 I began working on ChainGuardians with Emma and Idon after falling in love with NFTs and blockchain gaming. My previous life was working in communications and education.</p> <p>Concerning ChainGuardians: Idon and I first met when playing some very early <em>(what we call Gen 0)</em> blockchain games. We loved the potential but noted a massive issue with the immersive aspects of the gaming ecosystem as well as some fundamental tech challenges (note the resurfacing of one of the big ones this bull run: gas prices!). While these games had huge potential due to the traditional gaming challenges they tackled, there were still massive issues with the early games. Particularly concerning the ‘experience’ of the games; in other words, there were no high-quality collectible characters, there was no backstory/LORE and there was nothing beyond Simon minor game-play. We set out with the vision to bring more exciting gaming experiences to blockchain gaming and increase adoption.</p> <p><strong>Ishan Pandey:</strong> <em>What was the driving force behind developing this ‘play to earn’ ecosystem? How will this model help diversify the use of blockchain beyond cryptocurrency?</em></p> <p><strong>Robbie Cochrane:</strong> We believe play2earn is the future of gaming. We need to look at the macrocosm of societal development over the back decade, and blockchain is a part of that. It recognizes that players, audiences and communities are becoming increasingly sophisticated in understanding how they’re valuable towards organizations’ and companies’ growth. People are becoming wise because their time, energy and financial injection into any company are vital for monetization – why should gaming be any different? Play2earn will enable gaming ecosystems to flourish and develop with their communities in a way that they want it to and minimize the risk of their asset purchases going to nought, as is the case with all traditional gaming titles to an end. This play2earn model lends itself to blockchain adoption since it’s much easier for users to be rewarded for their time and energy spent within the ecosystem and is a significant part of how the ecosystem develops.</p> <p><strong>Ishan Pandey:</strong> <em>How will the traditional gaming industry be affected by introducing blockchain gaming and do you think this might lead to mass adoption of blockchain in the gaming industry?</em></p> <p><strong>Robbie Cochrane:</strong> There are a huge number of variables that can affect my responses to this question, so to keep it short and sweet, and more in line with my ‘hopes’ than necessarily saying ‘I guarantee’ how space will develop, my answer would be that I genuinely believe that it would be a travesty for the average gamer to be prevented from the opportunity to explore play2earn. As such, I feel that every blockchain game in the space currently has a moral obligation to drive awareness to mass gaming audiences. We’re certainly trying to do our part through blockchain education and constantly developing more user-friendly web3 tools. If blockchain, in general, continues to become more mainstream, then naturally, more gamers will become familiar with blockchain gaming. People understand games, so it seems natural for many people to start learning about blockchain and assist with these educational practices.</p> <p><strong>Ishan Pandey: </strong><em>What are the most significant issues with the gaming industry today and how can blockchain-based gaming combat them?</em></p> <p><strong>Robbie Cochrane:</strong> One of the main issues is that players can spend thousands and tens of thousands of dollars/GBP/FIAT on gaming assets that simply <em><strong>‘die’</strong></em> when a new game is released. NFTs provide the opportunity for these assets to be interoperable across different gaming platforms as they are truly owned by the users and stored on the blockchain. Moreover, it’s always noteworthy that in any ecosystem which is not transparent (think of any traditional games whereby there is some sort of fungible currency), it’s impossible for players to truly ever understand the value of their assets, as well as the value of the time they spend in a game. People literally give up time from their lives for the game; in any other time and place in the world, people are rewarded for their time – so why shouldn’t this be true of games as well? The blockchain and ERC20s offer transparent gaming economies – which are player-driven – meaning that they can reflect on where they choose to spend the time in their lives. And what game.</p> <p><strong>Ishan Pandey: </strong><em>ChainGuardians has managed to tap into breakthrough game economics by merging NFTs and DeFi. Please tell us how this has incentivized players/ desired customer base?</em></p> <p><strong>Robbie Cochrane:</strong> NFTs and Defi are two concepts that lend themselves to play2earn; through participating in our ecosystem, users can reflect on how and why they will be rewarded, and what’s more, they’re able to compound their rewards further through utilizing blockchain technology. For example, users can stake an NFT to our NFT Mining Platform to earn CGC (in-game currency), at which point they can then exchange this for CGG (ERC20), at which point they can choose several options: redeem for NFTs and continue to play2earn, stake the CGG to earn APY, stake, or exchange to ETH or other pairs. Either way, the users are being rewarded or compounding their rewards. There are several ways that most gamers are motivated: play2win, play2earn, play2show and play for social purposes. Our gaming ecosystem is tailored towards capturing as many of these motivational scopes as possible.</p> <p><strong>Ishan Pandey:</strong> <em>ChainGuardians have been predicted to be one of the most significant NFT projects of 2021. Please tell us what more we can expect from the team moving forward and how the game will play out?</em></p> <p><strong>Robbie Cochrane:</strong> Well, we better be sure not to disappoint anyone xD! Our roadmap is massive and very ambitious, but the high level I think we can summarise with the following: continued development of the NFT Mining Platform; additional features for the RPG as well as seasonal tournaments; continued development of world-class UI/UX (web3) tools and continued collaborations with top blockchain projects. We also have quite a few surprises up our sleeve, but we’d like them to stay that way for now.</p> <p><strong>Ishan Pandey:</strong> <em>According to you, what are the potential use-cases of gaming tokens and what is the best way to gamify the economic model?</em></p> <p><strong>Robbie Cochrane:</strong> Gaming tokens can be utilized for almost an infinite amount of use cases. For example, our tokens are going to be used for governance, staking, assets, payments and more. Frankly, the best answer to this question is that the more use-case you can give a token, which is rewarding your community, the better.</p> <p><strong>Ishan Pandey:</strong><em> I recently read that ChainGuardians has partnered with Covalent to scale its NFT Proof-of-Stake Mining Platform. Can you explain what an NFT PoS platform is and what it would be its application?</em></p> <p><strong>Robbie Cochrane:</strong> The NFT PoS Mining Platform is best described as an idle game. Users can stake their NFTs on our platform and earn both CGC and other tokens from our gaming ecosystem partners. This is all in our development pipeline for the additional token rewards, however, our community members are already trying to stack as much CGC as possible in anticipation of the CGC: CGG exchange. Concerning our partnership with Covalent: given the extent of IP/data they maintain, it’s a no-brainer that we work with them.</p> <p><strong>Ishan Pandey:</strong> <em>Blockchain gaming is a relatively new concept in the industry. According to you, what major trends are we going to see in the gaming industry?</em></p> <p><strong>Robbie Cochrane:</strong> I think, for now, the two will co-exist (traditional gaming and blockchain gaming), but in time, we’ll see more and more sophisticated gamers move into the blockchain gaming space. It’s a matter of audiences; huge numbers of gamers are children and younger adults, who probably do not have the education or understanding of how to interact with web3 tools or the blockchain for the moment in time. And until our industry/blockchain gaming platforms are set-up for mass streamlining, it’s unlikely that we’ll see many of this customer base crossover for the moment in time. That said, gaming has been around since I was a kid now, and the ‘older’/OGs will definitely continue to move across into this space, in my opinion. Within the next few years, I suspect we’ll see more and more of a customer base make its way over into the blockchain gaming space.</p> <p><em>The purpose of this article is to remove informational asymmetry existing today in our digital markets by performing due diligence by asking the right questions and equipping readers with better opinions to make informed decisions. The material does not constitute any investment, financial, or legal advice. Please do your research before investing in any digital assets or tokens, etc. The writer does not have any vested interest in the company.</em></p> </html>
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      "permlink": "the-future-of-gaming-is-nfts-robbie-cochrane-co-founder-of-chainguardians",
      "title": "The Future Of Gaming Is NFTs – Robbie Cochrane, Co-Founder Of ChainGuardians",
      "body": "<html>\n<p><img src=\"https://www.cryptonewslist.com/wp-content/uploads/2021/04/7rEmNIeHNFOBfZZtUMQerOZIGGH3-azc835si-1024x576.jpeg\"/>\r<br/>\r<br/><strong>Ishan Pandey:</strong> <em>Hi Robbie, welcome to our series “Behind the Startup.” Please tell us about yourself and the story behind ChainGuardians?</em></p>\n<p><strong>Robbie Cochrane:</strong> Hi Ishan, thank you for inviting me to this interview. Mad respect to the Hacker Noon team and community. For myself: I’ve been in the crypto space since 2017 (pre-last bull run) and I’ve been here ever since. In the early days, I was heavily involved in building in Decentraland and partaking in consultancy work for a start-up focused on marketing/comms. In late 2018 I began working on ChainGuardians with Emma and Idon after falling in love with NFTs and blockchain gaming. My previous life was working in communications and education.</p>\n<p>Concerning ChainGuardians: Idon and I first met when playing some very early <em>(what we call Gen 0)</em> blockchain games. We loved the potential but noted a massive issue with the immersive aspects of the gaming ecosystem as well as some fundamental tech challenges (note the resurfacing of one of the big ones this bull run: gas prices!). While these games had huge potential due to the traditional gaming challenges they tackled, there were still massive issues with the early games. Particularly concerning the ‘experience’ of the games; in other words, there were no high-quality collectible characters, there was no backstory/LORE and there was nothing beyond Simon minor game-play. We set out with the vision to bring more exciting gaming experiences to blockchain gaming and increase adoption.</p>\n<p><strong>Ishan Pandey:</strong> <em>What was the driving force behind developing this ‘play to earn’ ecosystem? How will this model help diversify the use of blockchain beyond cryptocurrency?</em></p>\n<p><strong>Robbie Cochrane:</strong> We believe play2earn is the future of gaming. We need to look at the macrocosm of societal development over the back decade, and blockchain is a part of that. It recognizes that players, audiences and communities are becoming increasingly sophisticated in understanding how they’re valuable towards organizations’ and companies’ growth. People are becoming wise because their time, energy and financial injection into any company are vital for monetization – why should gaming be any different? Play2earn will enable gaming ecosystems to flourish and develop with their communities in a way that they want it to and minimize the risk of their asset purchases going to nought, as is the case with all traditional gaming titles to an end. This play2earn model lends itself to blockchain adoption since it’s much easier for users to be rewarded for their time and energy spent within the ecosystem and is a significant part of how the ecosystem develops.</p>\n<p><strong>Ishan Pandey:</strong> <em>How will the traditional gaming industry be affected by introducing blockchain gaming and do you think this might lead to mass adoption of blockchain in the gaming industry?</em></p>\n<p><strong>Robbie Cochrane:</strong> There are a huge number of variables that can affect my responses to this question, so to keep it short and sweet, and more in line with my ‘hopes’ than necessarily saying ‘I guarantee’ how space will develop, my answer would be that I genuinely believe that it would be a travesty for the average gamer to be prevented from the opportunity to explore play2earn. As such, I feel that every blockchain game in the space currently has a moral obligation to drive awareness to mass gaming audiences. We’re certainly trying to do our part through blockchain education and constantly developing more user-friendly web3 tools. If blockchain, in general, continues to become more mainstream, then naturally, more gamers will become familiar with blockchain gaming. People understand games, so it seems natural for many people to start learning about blockchain and assist with these educational practices.</p>\n<p><strong>Ishan Pandey: </strong><em>What are the most significant issues with the gaming industry today and how can blockchain-based gaming combat them?</em></p>\n<p><strong>Robbie Cochrane:</strong> One of the main issues is that players can spend thousands and tens of thousands of dollars/GBP/FIAT on gaming assets that simply <em><strong>‘die’</strong></em> when a new game is released. NFTs provide the opportunity for these assets to be interoperable across different gaming platforms as they are truly owned by the users and stored on the blockchain. Moreover, it’s always noteworthy that in any ecosystem which is not transparent (think of any traditional games whereby there is some sort of fungible currency), it’s impossible for players to truly ever understand the value of their assets, as well as the value of the time they spend in a game. People literally give up time from their lives for the game; in any other time and place in the world, people are rewarded for their time – so why shouldn’t this be true of games as well? The blockchain and ERC20s offer transparent gaming economies – which are player-driven – meaning that they can reflect on where they choose to spend the time in their lives. And what game.</p>\n<p><strong>Ishan Pandey: </strong><em>ChainGuardians has managed to tap into breakthrough game economics by merging NFTs and DeFi. Please tell us how this has incentivized players/ desired customer base?</em></p>\n<p><strong>Robbie Cochrane:</strong> NFTs and Defi are two concepts that lend themselves to play2earn; through participating in our ecosystem, users can reflect on how and why they will be rewarded, and what’s more, they’re able to compound their rewards further through utilizing blockchain technology. For example, users can stake an NFT to our NFT Mining Platform to earn CGC (in-game currency), at which point they can then exchange this for CGG (ERC20), at which point they can choose several options: redeem for NFTs and continue to play2earn, stake the CGG to earn APY, stake, or exchange to ETH or other pairs. Either way, the users are being rewarded or compounding their rewards. There are several ways that most gamers are motivated: play2win, play2earn, play2show and play for social purposes. Our gaming ecosystem is tailored towards capturing as many of these motivational scopes as possible.</p>\n<p><strong>Ishan Pandey:</strong> <em>ChainGuardians have been predicted to be one of the most significant NFT projects of 2021. Please tell us what more we can expect from the team moving forward and how the game will play out?</em></p>\n<p><strong>Robbie Cochrane:</strong> Well, we better be sure not to disappoint anyone xD! Our roadmap is massive and very ambitious, but the high level I think we can summarise with the following: continued development of the NFT Mining Platform; additional features for the RPG as well as seasonal tournaments; continued development of world-class UI/UX (web3) tools and continued collaborations with top blockchain projects. We also have quite a few surprises up our sleeve, but we’d like them to stay that way for now.</p>\n<p><strong>Ishan Pandey:</strong> <em>According to you, what are the potential use-cases of gaming tokens and what is the best way to gamify the economic model?</em></p>\n<p><strong>Robbie Cochrane:</strong> Gaming tokens can be utilized for almost an infinite amount of use cases. For example, our tokens are going to be used for governance, staking, assets, payments and more. Frankly, the best answer to this question is that the more use-case you can give a token, which is rewarding your community, the better.</p>\n<p><strong>Ishan Pandey:</strong><em> I recently read that ChainGuardians has partnered with Covalent to scale its NFT Proof-of-Stake Mining Platform. Can you explain what an NFT PoS platform is and what it would be its application?</em></p>\n<p><strong>Robbie Cochrane:</strong> The NFT PoS Mining Platform is best described as an idle game. Users can stake their NFTs on our platform and earn both CGC and other tokens from our gaming ecosystem partners. This is all in our development pipeline for the additional token rewards, however, our community members are already trying to stack as much CGC as possible in anticipation of the CGC: CGG exchange. Concerning our partnership with Covalent: given the extent of IP/data they maintain, it’s a no-brainer that we work with them.</p>\n<p><strong>Ishan Pandey:</strong> <em>Blockchain gaming is a relatively new concept in the industry. According to you, what major trends are we going to see in the gaming industry?</em></p>\n<p><strong>Robbie Cochrane:</strong> I think, for now, the two will co-exist (traditional gaming and blockchain gaming), but in time, we’ll see more and more sophisticated gamers move into the blockchain gaming space. It’s a matter of audiences; huge numbers of gamers are children and younger adults, who probably do not have the education or understanding of how to interact with web3 tools or the blockchain for the moment in time. And until our industry/blockchain gaming platforms are set-up for mass streamlining, it’s unlikely that we’ll see many of this customer base crossover for the moment in time. That said, gaming has been around since I was a kid now, and the ‘older’/OGs will definitely continue to move across into this space, in my opinion. Within the next few years, I suspect we’ll see more and more of a customer base make its way over into the blockchain gaming space.</p>\n<p><em>The purpose of this article is to remove informational asymmetry existing today in our digital markets by performing due diligence by asking the right questions and equipping readers with better opinions to make informed decisions. The material does not constitute any investment, financial, or legal advice. Please do your research before investing in any digital assets or tokens, etc. The writer does not have any vested interest in the company.</em></p>\n</html>",
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2021/04/15 18:21:42
parent author
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titleThe Future Of Gaming Is NFTs – Robbie Cochrane, Co-Founder Of ChainGuardians
body<html> <p><img src="https://www.cryptonewslist.com/wp-content/uploads/2021/04/7rEmNIeHNFOBfZZtUMQerOZIGGH3-azc835si-1024x576.jpeg"/> <br/> <br/><strong>Ishan Pandey:</strong> <em>Hi Robbie, welcome to our series “Behind the Startup.” Please tell us about yourself and the story behind ChainGuardians?</em></p> <p><strong>Robbie Cochrane:</strong> Hi Ishan, thank you for inviting me to this interview. Mad respect to the Hacker Noon team and community. For myself: I’ve been in the crypto space since 2017 (pre-last bull run) and I’ve been here ever since. In the early days, I was heavily involved in building in Decentraland and partaking in consultancy work for a start-up focused on marketing/comms. In late 2018 I began working on ChainGuardians with Emma and Idon after falling in love with NFTs and blockchain gaming. My previous life was working in communications and education.</p> <p>Concerning ChainGuardians: Idon and I first met when playing some very early <em>(what we call Gen 0)</em> blockchain games. We loved the potential but noted a massive issue with the immersive aspects of the gaming ecosystem as well as some fundamental tech challenges (note the resurfacing of one of the big ones this bull run: gas prices!). While these games had huge potential due to the traditional gaming challenges they tackled, there were still massive issues with the early games. Particularly concerning the ‘experience’ of the games; in other words, there were no high-quality collectible characters, there was no backstory/LORE and there was nothing beyond Simon minor game-play. We set out with the vision to bring more exciting gaming experiences to blockchain gaming and increase adoption.</p> <p><strong>Ishan Pandey:</strong> <em>What was the driving force behind developing this ‘play to earn’ ecosystem? How will this model help diversify the use of blockchain beyond cryptocurrency?</em></p> <p><strong>Robbie Cochrane:</strong> We believe play2earn is the future of gaming. We need to look at the macrocosm of societal development over the back decade, and blockchain is a part of that. It recognizes that players, audiences and communities are becoming increasingly sophisticated in understanding how they’re valuable towards organizations’ and companies’ growth. People are becoming wise because their time, energy and financial injection into any company are vital for monetization – why should gaming be any different? Play2earn will enable gaming ecosystems to flourish and develop with their communities in a way that they want it to and minimize the risk of their asset purchases going to nought, as is the case with all traditional gaming titles to an end. This play2earn model lends itself to blockchain adoption since it’s much easier for users to be rewarded for their time and energy spent within the ecosystem and is a significant part of how the ecosystem develops.</p> <p><strong>Ishan Pandey:</strong> <em>How will the traditional gaming industry be affected by introducing blockchain gaming and do you think this might lead to mass adoption of blockchain in the gaming industry?</em></p> <p><strong>Robbie Cochrane:</strong> There are a huge number of variables that can affect my responses to this question, so to keep it short and sweet, and more in line with my ‘hopes’ than necessarily saying ‘I guarantee’ how space will develop, my answer would be that I genuinely believe that it would be a travesty for the average gamer to be prevented from the opportunity to explore play2earn. As such, I feel that every blockchain game in the space currently has a moral obligation to drive awareness to mass gaming audiences. We’re certainly trying to do our part through blockchain education and constantly developing more user-friendly web3 tools. If blockchain, in general, continues to become more mainstream, then naturally, more gamers will become familiar with blockchain gaming. People understand games, so it seems natural for many people to start learning about blockchain and assist with these educational practices.</p> <p><strong>Ishan Pandey: </strong><em>What are the most significant issues with the gaming industry today and how can blockchain-based gaming combat them?</em></p> <p><strong>Robbie Cochrane:</strong> One of the main issues is that players can spend thousands and tens of thousands of dollars/GBP/FIAT on gaming assets that simply <em><strong>‘die’</strong></em> when a new game is released. NFTs provide the opportunity for these assets to be interoperable across different gaming platforms as they are truly owned by the users and stored on the blockchain. Moreover, it’s always noteworthy that in any ecosystem which is not transparent (think of any traditional games whereby there is some sort of fungible currency), it’s impossible for players to truly ever understand the value of their assets, as well as the value of the time they spend in a game. People literally give up time from their lives for the game; in any other time and place in the world, people are rewarded for their time – so why shouldn’t this be true of games as well? The blockchain and ERC20s offer transparent gaming economies – which are player-driven – meaning that they can reflect on where they choose to spend the time in their lives. And what game.</p> <p><strong>Ishan Pandey: </strong><em>ChainGuardians has managed to tap into breakthrough game economics by merging NFTs and DeFi. Please tell us how this has incentivized players/ desired customer base?</em></p> <p><strong>Robbie Cochrane:</strong> NFTs and Defi are two concepts that lend themselves to play2earn; through participating in our ecosystem, users can reflect on how and why they will be rewarded, and what’s more, they’re able to compound their rewards further through utilizing blockchain technology. For example, users can stake an NFT to our NFT Mining Platform to earn CGC (in-game currency), at which point they can then exchange this for CGG (ERC20), at which point they can choose several options: redeem for NFTs and continue to play2earn, stake the CGG to earn APY, stake, or exchange to ETH or other pairs. Either way, the users are being rewarded or compounding their rewards. There are several ways that most gamers are motivated: play2win, play2earn, play2show and play for social purposes. Our gaming ecosystem is tailored towards capturing as many of these motivational scopes as possible.</p> <p><strong>Ishan Pandey:</strong> <em>ChainGuardians have been predicted to be one of the most significant NFT projects of 2021. Please tell us what more we can expect from the team moving forward and how the game will play out?</em></p> <p><strong>Robbie Cochrane:</strong> Well, we better be sure not to disappoint anyone xD! Our roadmap is massive and very ambitious, but the high level I think we can summarise with the following: continued development of the NFT Mining Platform; additional features for the RPG as well as seasonal tournaments; continued development of world-class UI/UX (web3) tools and continued collaborations with top blockchain projects. We also have quite a few surprises up our sleeve, but we’d like them to stay that way for now.</p> <p><strong>Ishan Pandey:</strong> <em>According to you, what are the potential use-cases of gaming tokens and what is the best way to gamify the economic model?</em></p> <p><strong>Robbie Cochrane:</strong> Gaming tokens can be utilized for almost an infinite amount of use cases. For example, our tokens are going to be used for governance, staking, assets, payments and more. Frankly, the best answer to this question is that the more use-case you can give a token, which is rewarding your community, the better.</p> <p><strong>Ishan Pandey:</strong><em> I recently read that ChainGuardians has partnered with Covalent to scale its NFT Proof-of-Stake Mining Platform. Can you explain what an NFT PoS platform is and what it would be its application?</em></p> <p><strong>Robbie Cochrane:</strong> The NFT PoS Mining Platform is best described as an idle game. Users can stake their NFTs on our platform and earn both CGC and other tokens from our gaming ecosystem partners. This is all in our development pipeline for the additional token rewards, however, our community members are already trying to stack as much CGC as possible in anticipation of the CGC: CGG exchange. Concerning our partnership with Covalent: given the extent of IP/data they maintain, it’s a no-brainer that we work with them.</p> <p><strong>Ishan Pandey:</strong> <em>Blockchain gaming is a relatively new concept in the industry. According to you, what major trends are we going to see in the gaming industry?</em></p> <p><strong>Robbie Cochrane:</strong> I think, for now, the two will co-exist (traditional gaming and blockchain gaming), but in time, we’ll see more and more sophisticated gamers move into the blockchain gaming space. It’s a matter of audiences; huge numbers of gamers are children and younger adults, who probably do not have the education or understanding of how to interact with web3 tools or the blockchain for the moment in time. And until our industry/blockchain gaming platforms are set-up for mass streamlining, it’s unlikely that we’ll see many of this customer base crossover for the moment in time. That said, gaming has been around since I was a kid now, and the ‘older’/OGs will definitely continue to move across into this space, in my opinion. Within the next few years, I suspect we’ll see more and more of a customer base make its way over into the blockchain gaming space.</p> <p><em>The purpose of this article is to remove informational asymmetry existing today in our digital markets by performing due diligence by asking the right questions and equipping readers with better opinions to make informed decisions. The material does not constitute any investment, financial, or legal advice. Please do your research before investing in any digital assets or tokens, etc. The writer does not have any vested interest in the company.</em></p> </html>
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      "parent_permlink": "cryptocurrency",
      "author": "blockcommerce",
      "permlink": "the-future-of-gaming-is-nfts-robbie-cochrane-co-founder-of-chainguardians",
      "title": "The Future Of Gaming Is NFTs – Robbie Cochrane, Co-Founder Of ChainGuardians",
      "body": "<html>\n<p><img src=\"https://www.cryptonewslist.com/wp-content/uploads/2021/04/7rEmNIeHNFOBfZZtUMQerOZIGGH3-azc835si-1024x576.jpeg\"/>\r<br/>\r<br/><strong>Ishan Pandey:</strong> <em>Hi Robbie, welcome to our series “Behind the Startup.” Please tell us about yourself and the story behind ChainGuardians?</em></p>\n<p><strong>Robbie Cochrane:</strong> Hi Ishan, thank you for inviting me to this interview. Mad respect to the Hacker Noon team and community. For myself: I’ve been in the crypto space since 2017 (pre-last bull run) and I’ve been here ever since. In the early days, I was heavily involved in building in Decentraland and partaking in consultancy work for a start-up focused on marketing/comms. In late 2018 I began working on ChainGuardians with Emma and Idon after falling in love with NFTs and blockchain gaming. My previous life was working in communications and education.</p>\n<p>Concerning ChainGuardians: Idon and I first met when playing some very early <em>(what we call Gen 0)</em> blockchain games. We loved the potential but noted a massive issue with the immersive aspects of the gaming ecosystem as well as some fundamental tech challenges (note the resurfacing of one of the big ones this bull run: gas prices!). While these games had huge potential due to the traditional gaming challenges they tackled, there were still massive issues with the early games. Particularly concerning the ‘experience’ of the games; in other words, there were no high-quality collectible characters, there was no backstory/LORE and there was nothing beyond Simon minor game-play. We set out with the vision to bring more exciting gaming experiences to blockchain gaming and increase adoption.</p>\n<p><strong>Ishan Pandey:</strong> <em>What was the driving force behind developing this ‘play to earn’ ecosystem? How will this model help diversify the use of blockchain beyond cryptocurrency?</em></p>\n<p><strong>Robbie Cochrane:</strong> We believe play2earn is the future of gaming. We need to look at the macrocosm of societal development over the back decade, and blockchain is a part of that. It recognizes that players, audiences and communities are becoming increasingly sophisticated in understanding how they’re valuable towards organizations’ and companies’ growth. People are becoming wise because their time, energy and financial injection into any company are vital for monetization – why should gaming be any different? Play2earn will enable gaming ecosystems to flourish and develop with their communities in a way that they want it to and minimize the risk of their asset purchases going to nought, as is the case with all traditional gaming titles to an end. This play2earn model lends itself to blockchain adoption since it’s much easier for users to be rewarded for their time and energy spent within the ecosystem and is a significant part of how the ecosystem develops.</p>\n<p><strong>Ishan Pandey:</strong> <em>How will the traditional gaming industry be affected by introducing blockchain gaming and do you think this might lead to mass adoption of blockchain in the gaming industry?</em></p>\n<p><strong>Robbie Cochrane:</strong> There are a huge number of variables that can affect my responses to this question, so to keep it short and sweet, and more in line with my ‘hopes’ than necessarily saying ‘I guarantee’ how space will develop, my answer would be that I genuinely believe that it would be a travesty for the average gamer to be prevented from the opportunity to explore play2earn. As such, I feel that every blockchain game in the space currently has a moral obligation to drive awareness to mass gaming audiences. We’re certainly trying to do our part through blockchain education and constantly developing more user-friendly web3 tools. If blockchain, in general, continues to become more mainstream, then naturally, more gamers will become familiar with blockchain gaming. People understand games, so it seems natural for many people to start learning about blockchain and assist with these educational practices.</p>\n<p><strong>Ishan Pandey: </strong><em>What are the most significant issues with the gaming industry today and how can blockchain-based gaming combat them?</em></p>\n<p><strong>Robbie Cochrane:</strong> One of the main issues is that players can spend thousands and tens of thousands of dollars/GBP/FIAT on gaming assets that simply <em><strong>‘die’</strong></em> when a new game is released. NFTs provide the opportunity for these assets to be interoperable across different gaming platforms as they are truly owned by the users and stored on the blockchain. Moreover, it’s always noteworthy that in any ecosystem which is not transparent (think of any traditional games whereby there is some sort of fungible currency), it’s impossible for players to truly ever understand the value of their assets, as well as the value of the time they spend in a game. People literally give up time from their lives for the game; in any other time and place in the world, people are rewarded for their time – so why shouldn’t this be true of games as well? The blockchain and ERC20s offer transparent gaming economies – which are player-driven – meaning that they can reflect on where they choose to spend the time in their lives. And what game.</p>\n<p><strong>Ishan Pandey: </strong><em>ChainGuardians has managed to tap into breakthrough game economics by merging NFTs and DeFi. Please tell us how this has incentivized players/ desired customer base?</em></p>\n<p><strong>Robbie Cochrane:</strong> NFTs and Defi are two concepts that lend themselves to play2earn; through participating in our ecosystem, users can reflect on how and why they will be rewarded, and what’s more, they’re able to compound their rewards further through utilizing blockchain technology. For example, users can stake an NFT to our NFT Mining Platform to earn CGC (in-game currency), at which point they can then exchange this for CGG (ERC20), at which point they can choose several options: redeem for NFTs and continue to play2earn, stake the CGG to earn APY, stake, or exchange to ETH or other pairs. Either way, the users are being rewarded or compounding their rewards. There are several ways that most gamers are motivated: play2win, play2earn, play2show and play for social purposes. Our gaming ecosystem is tailored towards capturing as many of these motivational scopes as possible.</p>\n<p><strong>Ishan Pandey:</strong> <em>ChainGuardians have been predicted to be one of the most significant NFT projects of 2021. Please tell us what more we can expect from the team moving forward and how the game will play out?</em></p>\n<p><strong>Robbie Cochrane:</strong> Well, we better be sure not to disappoint anyone xD! Our roadmap is massive and very ambitious, but the high level I think we can summarise with the following: continued development of the NFT Mining Platform; additional features for the RPG as well as seasonal tournaments; continued development of world-class UI/UX (web3) tools and continued collaborations with top blockchain projects. We also have quite a few surprises up our sleeve, but we’d like them to stay that way for now.</p>\n<p><strong>Ishan Pandey:</strong> <em>According to you, what are the potential use-cases of gaming tokens and what is the best way to gamify the economic model?</em></p>\n<p><strong>Robbie Cochrane:</strong> Gaming tokens can be utilized for almost an infinite amount of use cases. For example, our tokens are going to be used for governance, staking, assets, payments and more. Frankly, the best answer to this question is that the more use-case you can give a token, which is rewarding your community, the better.</p>\n<p><strong>Ishan Pandey:</strong><em> I recently read that ChainGuardians has partnered with Covalent to scale its NFT Proof-of-Stake Mining Platform. Can you explain what an NFT PoS platform is and what it would be its application?</em></p>\n<p><strong>Robbie Cochrane:</strong> The NFT PoS Mining Platform is best described as an idle game. Users can stake their NFTs on our platform and earn both CGC and other tokens from our gaming ecosystem partners. This is all in our development pipeline for the additional token rewards, however, our community members are already trying to stack as much CGC as possible in anticipation of the CGC: CGG exchange. Concerning our partnership with Covalent: given the extent of IP/data they maintain, it’s a no-brainer that we work with them.</p>\n<p><strong>Ishan Pandey:</strong> <em>Blockchain gaming is a relatively new concept in the industry. According to you, what major trends are we going to see in the gaming industry?</em></p>\n<p><strong>Robbie Cochrane:</strong> I think, for now, the two will co-exist (traditional gaming and blockchain gaming), but in time, we’ll see more and more sophisticated gamers move into the blockchain gaming space. It’s a matter of audiences; huge numbers of gamers are children and younger adults, who probably do not have the education or understanding of how to interact with web3 tools or the blockchain for the moment in time. And until our industry/blockchain gaming platforms are set-up for mass streamlining, it’s unlikely that we’ll see many of this customer base crossover for the moment in time. That said, gaming has been around since I was a kid now, and the ‘older’/OGs will definitely continue to move across into this space, in my opinion. Within the next few years, I suspect we’ll see more and more of a customer base make its way over into the blockchain gaming space.</p>\n<p><em>The purpose of this article is to remove informational asymmetry existing today in our digital markets by performing due diligence by asking the right questions and equipping readers with better opinions to make informed decisions. The material does not constitute any investment, financial, or legal advice. Please do your research before investing in any digital assets or tokens, etc. The writer does not have any vested interest in the company.</em></p>\n</html>",
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2021/04/15 18:13:39
parent author
parent permlinkcryptocurrency
authorblockcommerce
permlinkthe-future-of-gaming-is-nfts-robbie-cochrane-co-founder-of-chainguardians
titleThe Future Of Gaming Is NFTs – Robbie Cochrane, Co-Founder Of ChainGuardians
body<html> <p><img src="https://www.cryptonewslist.com/wp-content/uploads/2021/04/7rEmNIeHNFOBfZZtUMQerOZIGGH3-azc835si-1024x576.jpeg"/> <br/> <br/><strong>Ishan Pandey:</strong> <em>Hi Robbie, welcome to our series “Behind the Startup.” Please tell us about yourself and the story behind ChainGuardians?</em></p> <p><strong>Robbie Cochrane:</strong> Hi Ishan, thank you for inviting me to this interview. Mad respect to the Hacker Noon team and community. For myself: I’ve been in the crypto space since 2017 (pre-last bull run) and I’ve been here ever since. In the early days, I was heavily involved in building in Decentraland and partaking in consultancy work for a start-up focused on marketing/comms. In late 2018 I began working on ChainGuardians with Emma and Idon after falling in love with NFTs and blockchain gaming. My previous life was working in communications and education.</p> <p>Concerning ChainGuardians: Idon and I first met when playing some very early <em>(what we call Gen 0)</em> blockchain games. We loved the potential but noted a massive issue with the immersive aspects of the gaming ecosystem as well as some fundamental tech challenges (note the resurfacing of one of the big ones this bull run: gas prices!). While these games had huge potential due to the traditional gaming challenges they tackled, there were still massive issues with the early games. Particularly concerning the ‘experience’ of the games; in other words, there were no high-quality collectible characters, there was no backstory/LORE and there was nothing beyond Simon minor game-play. We set out with the vision to bring more exciting gaming experiences to blockchain gaming and increase adoption.</p> <p><strong>Ishan Pandey:</strong> <em>What was the driving force behind developing this ‘play to earn’ ecosystem? How will this model help diversify the use of blockchain beyond cryptocurrency?</em></p> <p><strong>Robbie Cochrane:</strong> We believe play2earn is the future of gaming. We need to look at the macrocosm of societal development over the back decade, and blockchain is a part of that. It recognizes that players, audiences and communities are becoming increasingly sophisticated in understanding how they’re valuable towards organizations’ and companies’ growth. People are becoming wise because their time, energy and financial injection into any company are vital for monetization – why should gaming be any different? Play2earn will enable gaming ecosystems to flourish and develop with their communities in a way that they want it to and minimize the risk of their asset purchases going to nought, as is the case with all traditional gaming titles to an end. This play2earn model lends itself to blockchain adoption since it’s much easier for users to be rewarded for their time and energy spent within the ecosystem and is a significant part of how the ecosystem develops.</p> <p><strong>Ishan Pandey:</strong> <em>How will the traditional gaming industry be affected by introducing blockchain gaming and do you think this might lead to mass adoption of blockchain in the gaming industry?</em></p> <p><strong>Robbie Cochrane:</strong> There are a huge number of variables that can affect my responses to this question, so to keep it short and sweet, and more in line with my ‘hopes’ than necessarily saying ‘I guarantee’ how space will develop, my answer would be that I genuinely believe that it would be a travesty for the average gamer to be prevented from the opportunity to explore play2earn. As such, I feel that every blockchain game in the space currently has a moral obligation to drive awareness to mass gaming audiences. We’re certainly trying to do our part through blockchain education and constantly developing more user-friendly web3 tools. If blockchain, in general, continues to become more mainstream, then naturally, more gamers will become familiar with blockchain gaming. People understand games, so it seems natural for many people to start learning about blockchain and assist with these educational practices.</p> <p><strong>Ishan Pandey: </strong><em>What are the most significant issues with the gaming industry today and how can blockchain-based gaming combat them?</em></p> <p><strong>Robbie Cochrane:</strong> One of the main issues is that players can spend thousands and tens of thousands of dollars/GBP/FIAT on gaming assets that simply <em><strong>‘die’</strong></em> when a new game is released. NFTs provide the opportunity for these assets to be interoperable across different gaming platforms as they are truly owned by the users and stored on the blockchain. Moreover, it’s always noteworthy that in any ecosystem which is not transparent (think of any traditional games whereby there is some sort of fungible currency), it’s impossible for players to truly ever understand the value of their assets, as well as the value of the time they spend in a game. People literally give up time from their lives for the game; in any other time and place in the world, people are rewarded for their time – so why shouldn’t this be true of games as well? The blockchain and ERC20s offer transparent gaming economies – which are player-driven – meaning that they can reflect on where they choose to spend the time in their lives. And what game.</p> <p><strong>Ishan Pandey: </strong><em>ChainGuardians has managed to tap into breakthrough game economics by merging NFTs and DeFi. Please tell us how this has incentivized players/ desired customer base?</em></p> <p><strong>Robbie Cochrane:</strong> NFTs and Defi are two concepts that lend themselves to play2earn; through participating in our ecosystem, users can reflect on how and why they will be rewarded, and what’s more, they’re able to compound their rewards further through utilizing blockchain technology. For example, users can stake an NFT to our NFT Mining Platform to earn CGC (in-game currency), at which point they can then exchange this for CGG (ERC20), at which point they can choose several options: redeem for NFTs and continue to play2earn, stake the CGG to earn APY, stake, or exchange to ETH or other pairs. Either way, the users are being rewarded or compounding their rewards. There are several ways that most gamers are motivated: play2win, play2earn, play2show and play for social purposes. Our gaming ecosystem is tailored towards capturing as many of these motivational scopes as possible.</p> <p><strong>Ishan Pandey:</strong> <em>ChainGuardians have been predicted to be one of the most significant NFT projects of 2021. Please tell us what more we can expect from the team moving forward and how the game will play out?</em></p> <p><strong>Robbie Cochrane:</strong> Well, we better be sure not to disappoint anyone xD! Our roadmap is massive and very ambitious, but the high level I think we can summarise with the following: continued development of the NFT Mining Platform; additional features for the RPG as well as seasonal tournaments; continued development of world-class UI/UX (web3) tools and continued collaborations with top blockchain projects. We also have quite a few surprises up our sleeve, but we’d like them to stay that way for now.</p> <p><strong>Ishan Pandey:</strong> <em>According to you, what are the potential use-cases of gaming tokens and what is the best way to gamify the economic model?</em></p> <p><strong>Robbie Cochrane:</strong> Gaming tokens can be utilized for almost an infinite amount of use cases. For example, our tokens are going to be used for governance, staking, assets, payments and more. Frankly, the best answer to this question is that the more use-case you can give a token, which is rewarding your community, the better.</p> <p><strong>Ishan Pandey:</strong><em> I recently read that ChainGuardians has partnered with Covalent to scale its NFT Proof-of-Stake Mining Platform. Can you explain what an NFT PoS platform is and what it would be its application?</em></p> <p><strong>Robbie Cochrane:</strong> The NFT PoS Mining Platform is best described as an idle game. Users can stake their NFTs on our platform and earn both CGC and other tokens from our gaming ecosystem partners. This is all in our development pipeline for the additional token rewards, however, our community members are already trying to stack as much CGC as possible in anticipation of the CGC: CGG exchange. Concerning our partnership with Covalent: given the extent of IP/data they maintain, it’s a no-brainer that we work with them.</p> <p><strong>Ishan Pandey:</strong> <em>Blockchain gaming is a relatively new concept in the industry. According to you, what major trends are we going to see in the gaming industry?</em></p> <p><strong>Robbie Cochrane:</strong> I think, for now, the two will co-exist (traditional gaming and blockchain gaming), but in time, we’ll see more and more sophisticated gamers move into the blockchain gaming space. It’s a matter of audiences; huge numbers of gamers are children and younger adults, who probably do not have the education or understanding of how to interact with web3 tools or the blockchain for the moment in time. And until our industry/blockchain gaming platforms are set-up for mass streamlining, it’s unlikely that we’ll see many of this customer base crossover for the moment in time. That said, gaming has been around since I was a kid now, and the ‘older’/OGs will definitely continue to move across into this space, in my opinion. Within the next few years, I suspect we’ll see more and more of a customer base make its way over into the blockchain gaming space.</p> <p><em>The purpose of this article is to remove informational asymmetry existing today in our digital markets by performing due diligence by asking the right questions and equipping readers with better opinions to make informed decisions. The material does not constitute any investment, financial, or legal advice. Please do your research before investing in any digital assets or tokens, etc. The writer does not have any vested interest in the company.</em></p> </html>
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      "permlink": "the-future-of-gaming-is-nfts-robbie-cochrane-co-founder-of-chainguardians",
      "title": "The Future Of Gaming Is NFTs – Robbie Cochrane, Co-Founder Of ChainGuardians",
      "body": "<html>\n<p><img src=\"https://www.cryptonewslist.com/wp-content/uploads/2021/04/7rEmNIeHNFOBfZZtUMQerOZIGGH3-azc835si-1024x576.jpeg\"/>\r<br/>\r<br/><strong>Ishan Pandey:</strong> <em>Hi Robbie, welcome to our series “Behind the Startup.” Please tell us about yourself and the story behind ChainGuardians?</em></p>\n<p><strong>Robbie Cochrane:</strong> Hi Ishan, thank you for inviting me to this interview. Mad respect to the Hacker Noon team and community. For myself: I’ve been in the crypto space since 2017 (pre-last bull run) and I’ve been here ever since. In the early days, I was heavily involved in building in Decentraland and partaking in consultancy work for a start-up focused on marketing/comms. In late 2018 I began working on ChainGuardians with Emma and Idon after falling in love with NFTs and blockchain gaming. My previous life was working in communications and education.</p>\n<p>Concerning ChainGuardians: Idon and I first met when playing some very early <em>(what we call Gen 0)</em> blockchain games. We loved the potential but noted a massive issue with the immersive aspects of the gaming ecosystem as well as some fundamental tech challenges (note the resurfacing of one of the big ones this bull run: gas prices!). While these games had huge potential due to the traditional gaming challenges they tackled, there were still massive issues with the early games. Particularly concerning the ‘experience’ of the games; in other words, there were no high-quality collectible characters, there was no backstory/LORE and there was nothing beyond Simon minor game-play. We set out with the vision to bring more exciting gaming experiences to blockchain gaming and increase adoption.</p>\n<p><strong>Ishan Pandey:</strong> <em>What was the driving force behind developing this ‘play to earn’ ecosystem? How will this model help diversify the use of blockchain beyond cryptocurrency?</em></p>\n<p><strong>Robbie Cochrane:</strong> We believe play2earn is the future of gaming. We need to look at the macrocosm of societal development over the back decade, and blockchain is a part of that. It recognizes that players, audiences and communities are becoming increasingly sophisticated in understanding how they’re valuable towards organizations’ and companies’ growth. People are becoming wise because their time, energy and financial injection into any company are vital for monetization – why should gaming be any different? Play2earn will enable gaming ecosystems to flourish and develop with their communities in a way that they want it to and minimize the risk of their asset purchases going to nought, as is the case with all traditional gaming titles to an end. This play2earn model lends itself to blockchain adoption since it’s much easier for users to be rewarded for their time and energy spent within the ecosystem and is a significant part of how the ecosystem develops.</p>\n<p><strong>Ishan Pandey:</strong> <em>How will the traditional gaming industry be affected by introducing blockchain gaming and do you think this might lead to mass adoption of blockchain in the gaming industry?</em></p>\n<p><strong>Robbie Cochrane:</strong> There are a huge number of variables that can affect my responses to this question, so to keep it short and sweet, and more in line with my ‘hopes’ than necessarily saying ‘I guarantee’ how space will develop, my answer would be that I genuinely believe that it would be a travesty for the average gamer to be prevented from the opportunity to explore play2earn. As such, I feel that every blockchain game in the space currently has a moral obligation to drive awareness to mass gaming audiences. We’re certainly trying to do our part through blockchain education and constantly developing more user-friendly web3 tools. If blockchain, in general, continues to become more mainstream, then naturally, more gamers will become familiar with blockchain gaming. People understand games, so it seems natural for many people to start learning about blockchain and assist with these educational practices.</p>\n<p><strong>Ishan Pandey: </strong><em>What are the most significant issues with the gaming industry today and how can blockchain-based gaming combat them?</em></p>\n<p><strong>Robbie Cochrane:</strong> One of the main issues is that players can spend thousands and tens of thousands of dollars/GBP/FIAT on gaming assets that simply <em><strong>‘die’</strong></em> when a new game is released. NFTs provide the opportunity for these assets to be interoperable across different gaming platforms as they are truly owned by the users and stored on the blockchain. Moreover, it’s always noteworthy that in any ecosystem which is not transparent (think of any traditional games whereby there is some sort of fungible currency), it’s impossible for players to truly ever understand the value of their assets, as well as the value of the time they spend in a game. People literally give up time from their lives for the game; in any other time and place in the world, people are rewarded for their time – so why shouldn’t this be true of games as well? The blockchain and ERC20s offer transparent gaming economies – which are player-driven – meaning that they can reflect on where they choose to spend the time in their lives. And what game.</p>\n<p><strong>Ishan Pandey: </strong><em>ChainGuardians has managed to tap into breakthrough game economics by merging NFTs and DeFi. Please tell us how this has incentivized players/ desired customer base?</em></p>\n<p><strong>Robbie Cochrane:</strong> NFTs and Defi are two concepts that lend themselves to play2earn; through participating in our ecosystem, users can reflect on how and why they will be rewarded, and what’s more, they’re able to compound their rewards further through utilizing blockchain technology. For example, users can stake an NFT to our NFT Mining Platform to earn CGC (in-game currency), at which point they can then exchange this for CGG (ERC20), at which point they can choose several options: redeem for NFTs and continue to play2earn, stake the CGG to earn APY, stake, or exchange to ETH or other pairs. Either way, the users are being rewarded or compounding their rewards. There are several ways that most gamers are motivated: play2win, play2earn, play2show and play for social purposes. Our gaming ecosystem is tailored towards capturing as many of these motivational scopes as possible.</p>\n<p><strong>Ishan Pandey:</strong> <em>ChainGuardians have been predicted to be one of the most significant NFT projects of 2021. Please tell us what more we can expect from the team moving forward and how the game will play out?</em></p>\n<p><strong>Robbie Cochrane:</strong> Well, we better be sure not to disappoint anyone xD! Our roadmap is massive and very ambitious, but the high level I think we can summarise with the following: continued development of the NFT Mining Platform; additional features for the RPG as well as seasonal tournaments; continued development of world-class UI/UX (web3) tools and continued collaborations with top blockchain projects. We also have quite a few surprises up our sleeve, but we’d like them to stay that way for now.</p>\n<p><strong>Ishan Pandey:</strong> <em>According to you, what are the potential use-cases of gaming tokens and what is the best way to gamify the economic model?</em></p>\n<p><strong>Robbie Cochrane:</strong> Gaming tokens can be utilized for almost an infinite amount of use cases. For example, our tokens are going to be used for governance, staking, assets, payments and more. Frankly, the best answer to this question is that the more use-case you can give a token, which is rewarding your community, the better.</p>\n<p><strong>Ishan Pandey:</strong><em> I recently read that ChainGuardians has partnered with Covalent to scale its NFT Proof-of-Stake Mining Platform. Can you explain what an NFT PoS platform is and what it would be its application?</em></p>\n<p><strong>Robbie Cochrane:</strong> The NFT PoS Mining Platform is best described as an idle game. Users can stake their NFTs on our platform and earn both CGC and other tokens from our gaming ecosystem partners. This is all in our development pipeline for the additional token rewards, however, our community members are already trying to stack as much CGC as possible in anticipation of the CGC: CGG exchange. Concerning our partnership with Covalent: given the extent of IP/data they maintain, it’s a no-brainer that we work with them.</p>\n<p><strong>Ishan Pandey:</strong> <em>Blockchain gaming is a relatively new concept in the industry. According to you, what major trends are we going to see in the gaming industry?</em></p>\n<p><strong>Robbie Cochrane:</strong> I think, for now, the two will co-exist (traditional gaming and blockchain gaming), but in time, we’ll see more and more sophisticated gamers move into the blockchain gaming space. It’s a matter of audiences; huge numbers of gamers are children and younger adults, who probably do not have the education or understanding of how to interact with web3 tools or the blockchain for the moment in time. And until our industry/blockchain gaming platforms are set-up for mass streamlining, it’s unlikely that we’ll see many of this customer base crossover for the moment in time. That said, gaming has been around since I was a kid now, and the ‘older’/OGs will definitely continue to move across into this space, in my opinion. Within the next few years, I suspect we’ll see more and more of a customer base make its way over into the blockchain gaming space.</p>\n<p><em>The purpose of this article is to remove informational asymmetry existing today in our digital markets by performing due diligence by asking the right questions and equipping readers with better opinions to make informed decisions. The material does not constitute any investment, financial, or legal advice. Please do your research before investing in any digital assets or tokens, etc. The writer does not have any vested interest in the company.</em></p>\n</html>",
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2021/04/14 14:43:27
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2021/04/14 14:28:36
parent author
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authorblockcommerce
permlinkmaximize-your-earnings-with-some-great-trading-features
titleMaximize Your Earnings With Some Great Trading Features
body<html> <p><img src="https://www.cryptonewslist.com/wp-content/uploads/2021/04/Kattana-successfully-completes-1.3m-funding-round-and-is-ready-to-launch-its-platform-1024x611.jpg"/></p> <p> <strong>Introduction into Crypto Trading</strong></p> <p>Kattana is an all-in-one trading terminal that allows users to trade on both CEX and DEXs by providing the tools to make this process seamless. The state of the art terminal makes it easy for users by allowing them to automate their crypto-trading strategies.</p> <p>All a user needs to become a Kattana pro is to have trading knowledge and utilize it to maximize their returns by trading in the DeFi sector. The traders are also able to use the Kattana platform to keep track of real-life crypto statistics which makes trading easy and can help them know the right time to and monetize their digital assets. Kattana is basically asking users to leverage their crypto-trading knowledge and start maximizing their earnings. This DeFi trading terminal not only helps users polish up on their crypto knowledge, trading skills, but also gives them a chance to keep earning in different exchanges.</p> <p><strong>Supported Exchanges</strong></p> <p>Kattana allows its users to trade crypto on both Decentralized Exchanges (DEXs) and Centralized Exchanges (CEXs). The technical analysis tools the platform provides to the traders and real-life statistical data act as the links to maximizing earning in the supported exchanges the traders use.</p> <p>Currently, the supported exchanges include Binance, Uniswap, Bancor, Bittrex, Kucoin, HitBTC, Okex, Pancake Swap, Dodo, Curve, SushiSwap, Kyber Network, and Balancer.</p> <p>The users of these exchanges will benefit greatly from Kattana as it allows one to trade like a professional DeFi trader by using the trading tools and automated trading systems on the terminal. They can easily integrate their exchange accounts on the Kattana terminal and trade using the platform’s interface. Even better, the traders can access their accounts on different exchanges from their Kattana terminal, allowing them to manage their investments/trades easily from one point.</p> <p>As such, the users get unlimited access to Kattana’ borderless markets that are geared by high currency, which is another way of maximizing on their earnings, thereby adding onto the incentives they will receive.</p> <p><strong>Portfolio Management and Aggregated News</strong></p> <p>The features in this platform are geared towards helping traders select and oversee their various investments on different trading platforms. Kattana is focusing on how a trader can use the tools on the platform to meet their long-term financial objectives.</p> <p>The top-rate charting at the Kattana terminal ensures traders can monitor multiple clients’ investments thereby increasing their trading volume and chances of maximizing their earnings. Since Kattana is a terminal that aggregates multiple assets into a single point, a trader gets a better chance of controlling the direction the trades take through a single tab. This ability to monitor the performance of the digital assets with such ease helps the traders optimize return on investment.</p> <p>Kattana uses aggregated news to act as a guiding light towards helping users stay on top of their portfolios. With aggregated news availed to DeFi traders, they are informed how various digital assets are performing allowing them to tweak their portfolios accordingly. By offering updates to their users using aggregated news, Kattana is giving them a chance to maximize their earnings by relying on these updates as a knowledge source for picking the best cryptocurrencies. Since the trading yield rate is directly proportional to the token’s real-life performance, proper portfolio management is the key to increasing these earnings, and Kattana ensures aggregated news can be used to aid in the portfolio management.</p> <p><strong>Top-rate Charting and TA Instruments</strong></p> <p>Some of the most user-friendly crypto trading features in Kattana include its top-rate charting which makes trading seamless for users. Kattana allows traders to follow up to 8 charts for numerous assets traded on more than 40 DEXs on a single tab. These charts make monitoring easy as one can see how the assets of interest are performing and make a proper interpretation of their progress. Since the market’s supply and demand determine whether these prices increase or decrease, the platforms’ charts come in handy to help users make easy and fast decisions, for instance, whether to buy or sell. Such real-time charting is the key to ensuring users reap maximum profits when an opportunity avails itself.</p> <p>Technical Analysis (TA) instruments help traders to analyze both volume and price trends of different factors that influence their virtual assets. Based on this information they are able to predict future market movements with more accuracy. TA instruments ensure statistical indicators and charting patterns can be tweaked to make DeFi trading easier, thereby giving users a chance to maximize returns.</p> <p>Trading strategy automation is another feature Kattana uses to make trading seamless for their users. This reduces the stress associated with manual trade management because Kattana has the inclusion of smart order types which cut losses early for their traders and automatically fix profits when the traders are not online to do this.</p> <p><strong>Recent developments</strong></p> <p>Kattana has announced the successful completion of its $1.3 million funding round on March 31. The strategic sale was led by Morningstar Ventures and Spark Digital Capital, with participation from ZBS Capital, Black Edge Capital, Moonrock Capital, DFG and Ascensive Assets. Following the successful sale, they also announced that they are officially launching their platform, opening it up to the public. </p> <p>The release of the platform is exciting news for traders in the DeFi space as they now have state-of-the-art trading tools at their disposal thus helping them maximize their returns. Kattana has also announced that they will be conducting its IDO on Polkastarter on April 9 with the aim of growing its community and boosting its activity in the DeFi market.</p> </html>
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Transaction InfoBlock #52882102/Trx 84359c1600035a068d820096dd4e77313b35be2e
View Raw JSON Data
{
  "trx_id": "84359c1600035a068d820096dd4e77313b35be2e",
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    "comment",
    {
      "parent_author": "",
      "parent_permlink": "cryptocurrency",
      "author": "blockcommerce",
      "permlink": "maximize-your-earnings-with-some-great-trading-features",
      "title": "Maximize Your Earnings With Some Great Trading Features",
      "body": "<html>\n<p><img src=\"https://www.cryptonewslist.com/wp-content/uploads/2021/04/Kattana-successfully-completes-1.3m-funding-round-and-is-ready-to-launch-its-platform-1024x611.jpg\"/></p>\n<p>\r<strong>Introduction into Crypto Trading</strong></p>\n<p>Kattana is an all-in-one trading terminal that allows users to trade on both CEX and DEXs by providing the tools to make this process seamless. The state of the art terminal makes it easy for users by allowing them to automate their crypto-trading strategies.</p>\n<p>All a user needs to become a Kattana pro is to have trading knowledge and utilize it to maximize their returns by trading in the DeFi sector. The traders are also able to use the Kattana platform to keep track of real-life crypto statistics which makes trading easy and can help them know the right time to and monetize their digital assets. Kattana is basically asking users to leverage their crypto-trading knowledge and start maximizing their earnings. This DeFi trading terminal not only helps users polish up on their crypto knowledge, trading skills, but also gives them a chance to keep earning in different exchanges.</p>\n<p><strong>Supported Exchanges</strong></p>\n<p>Kattana allows its users to trade crypto on both Decentralized Exchanges (DEXs) and Centralized Exchanges (CEXs). The technical analysis tools the platform provides to the traders and real-life statistical data act as the links to maximizing earning in the supported exchanges the traders use.</p>\n<p>Currently, the supported exchanges include Binance, Uniswap, Bancor, Bittrex, Kucoin, HitBTC, Okex, Pancake Swap, Dodo, Curve, SushiSwap, Kyber Network, and Balancer.</p>\n<p>The users of these exchanges will benefit greatly from Kattana as it allows one to trade like a professional DeFi trader by using the trading tools and automated trading systems on the terminal. They can easily integrate their exchange accounts on the Kattana terminal and trade using the platform’s interface. Even better, the traders can access their accounts on different exchanges from their Kattana terminal, allowing them to manage their investments/trades easily from one point.</p>\n<p>As such, the users get unlimited access to Kattana’ borderless markets that are geared by high currency, which is another way of maximizing on their earnings, thereby adding onto the incentives they will receive.</p>\n<p><strong>Portfolio Management and Aggregated News</strong></p>\n<p>The features in this platform are geared towards helping traders select and oversee their various investments on different trading platforms. Kattana is focusing on how a trader can use the tools on the platform to meet their long-term financial objectives.</p>\n<p>The top-rate charting at the Kattana terminal ensures traders can monitor multiple clients’ investments thereby increasing their trading volume and chances of maximizing their earnings. Since Kattana is a terminal that aggregates multiple assets into a single point, a trader gets a better chance of controlling the direction the trades take through a single tab. This ability to monitor the performance of the digital assets with such ease helps the traders optimize return on investment.</p>\n<p>Kattana uses aggregated news to act as a guiding light towards helping users stay on top of their portfolios. With aggregated news availed to DeFi traders, they are informed how various digital assets are performing allowing them to tweak their portfolios accordingly. By offering updates to their users using aggregated news, Kattana is giving them a chance to maximize their earnings by relying on these updates as a knowledge source for picking the best cryptocurrencies. Since the trading yield rate is directly proportional to the token’s real-life performance, proper portfolio management is the key to increasing these earnings, and Kattana ensures aggregated news can be used to aid in the portfolio management.</p>\n<p><strong>Top-rate Charting and TA Instruments</strong></p>\n<p>Some of the most user-friendly crypto trading features in Kattana include its top-rate charting which makes trading seamless for users. Kattana allows traders to follow up to 8 charts for numerous assets traded on more than 40 DEXs on a single tab. These charts make monitoring easy as one can see how the assets of interest are performing and make a proper interpretation of their progress. Since the market’s supply and demand determine whether these prices increase or decrease, the platforms’ charts come in handy to help users make easy and fast decisions, for instance, whether to buy or sell. Such real-time charting is the key to ensuring users reap maximum profits when an opportunity avails itself.</p>\n<p>Technical Analysis (TA) instruments help traders to analyze both volume and price trends of different factors that influence their virtual assets. Based on this information they are able to predict future market movements with more accuracy. TA instruments ensure statistical indicators and charting patterns can be tweaked to make DeFi trading easier, thereby giving users a chance to maximize returns.</p>\n<p>Trading strategy automation is another feature Kattana uses to make trading seamless for their users. This reduces the stress associated with manual trade management because Kattana has the inclusion of smart order types which cut losses early for their traders and automatically fix profits when the traders are not online to do this.</p>\n<p><strong>Recent developments</strong></p>\n<p>Kattana has announced the successful completion of its $1.3 million funding round on March 31. The strategic sale was led by Morningstar Ventures and Spark Digital Capital, with participation from ZBS Capital, Black Edge Capital, Moonrock Capital, DFG and Ascensive Assets. Following the successful sale, they also announced that they are officially launching their platform, opening it up to the public. </p>\n<p>The release of the platform is exciting news for traders in the DeFi space as they now have state-of-the-art trading tools at their disposal thus helping them maximize their returns. Kattana has also announced that they will be conducting its IDO on Polkastarter on April 9 with the aim of growing its community and boosting its activity in the DeFi market.</p>\n</html>",
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2021/04/10 13:22:21
parent author
parent permlinkcryptocurrency
authorblockcommerce
permlinkintroducing-polkamon-the-endless-possibilities-of-nfts
titleIntroducing Polkamon: The Endless Possibilities Of NFTs
body<html> <p><img src="https://www.cryptonewslist.com/wp-content/uploads/2021/04/pmon-3-1-1024x552.png"/></p> <p>NFTs have gained considerable popularity in recent times, becoming an essential part of the blockchain ecosystem, with uses in blockchain gaming, collectibles, and digital art spaces. An NFT is a type of token or unique digital asset; each NFT has its own unique property or identity, making them unique and non-interchangeable. </p> <p>Each token’s unique attributes make them impossible to exchange, replace or create copies, making them scarce and giving them value. NFTs are increasing in popularity as an asset class, with a significant increase in market capitalization. The NFT industry’s market capitalization has increased from $31 million in 2017 to more than $300 million by the end of 2020. </p> <h2>What is Polkamon? </h2> <p>Polkamon allows users to collect extremely rare Digital Monsters. These collectibles can be integrated into several blockchain-connected products. Digital collectibles like Polkamon are different from physical collectible items.</p> <p>Polkamon are animated, digital collectibles. Each collectible has varying scarcity and is backed by a unique NFT. They can also be unpacked using the $PMON tokens. </p> <p>Polkamon’s properties are described through a rich metadata set. They can also be integrated into Layer 2 applications. Non-fungible tokens also back Polkamon, allowing them to be integrated into blockchain based games or digital art. </p> <h2>Who Is The Team Behind Polkamon, And What Is Their Vision? </h2> <p>The team behind Polkamon describes their vision as three layers that can become the building blocks for a sustainable and modern collectibles ecosystem. The base layer is the decentralized ownership system based on NFTs that is supported by an ERC20 token. The ERC20 token improves liquidity and makes trade easier. </p> <p>On this base layer is the second layer; the second layer enriches NFTs through detailed metadata and rich visuals. The third layer is the application layer, on which proven ownership and visuals, and metadata help create a universe of utilization. </p> <ul><li><strong>Different utilization layers:</strong> The team at Polkamon understands that the key to sustainable growth depends on the quantity and the quality of utilization layers. As a result, they are building partnerships with several players for Layer 2 utilization in the game and arts space. </li></ul> <ul><li><strong>Visuals and metadata:</strong> Detailed visuals and metadata is one of the most significant growth drivers for Polkamon. They are easy to integrate with Polkamon. This can also act as a support layer for utilization applications. </li></ul> <ul><li><strong>Decentralized NFTs and tokens:</strong> Decentralized NFT and token layers form the base of the Polkamon ecosystem. This ensures maximum trust when it comes to ownership and also provides significant supply advantages. </li></ul> <p>The team at Polkamon is led by Leif Eric Leiser, who is the CEO. The team also consists of Lennart Brandt and Finn Hansen. </p> <h2>What Are The Features Of Polkamon? </h2> <p>Polkamon has several features that set it apart from its peers. Some of the unique features are </p> <ul><li><strong>Staking: </strong>Receive additional $PMON rewards by staking $PMON.</li></ul> <ul><li><strong>Ultra-Rare NFTs:</strong> Reveal ultra-rare Polkamon by unpacking $PMON tokens. Polkamon also allows you to swap NFTs for $PMON tokens. </li></ul> <ul><li><strong>Cross-chain:</strong> Polkamon is available on multiple blockchains like Ethereum, Polkadot and several other blockchains that are gearing up to incorporate them. </li></ul> <ul><li><strong>Polkamon is hyper-deflationary:</strong> Polkamon ensures a continued scarcity of your assets by burning a certain number of $Pmon tokens when a swap/reverse occurs. </li></ul> <ul><li><strong>High-liquidity:</strong> The $PMON token adds significant liquidity to the Polkamon project, providing a swapping mechanism between $PMON and the NFTs.</li></ul> <ul><li><strong>Scarcity:</strong> Each Polkamon is unique, existing in different shapes and colors. Each Polkamon has a different level of rarity, with some Polkamons falling in the ultra-rare category. </li></ul> <h2>What Are The Characteristics Of Different Polkamon? </h2> <p>Each Polkamon exists in different shapes and with different characteristics. Some of the characteristics of different Polkamon are </p> <ul><li><strong>Colors:</strong> Polkamon come in different colors and hues, representing a shade of color in the rainbow.</li></ul> <ul><li><strong>Glitter:</strong> Beautiful and elegant, these are among the rarest Polkamon that you can come across. </li></ul> <ul><li><strong>Horn: </strong>Why does each Polkamno possess a horn? We don’t know. All we know is that they vary in shape and rarity. </li></ul> <ul><li><strong>Ultra-rare:</strong> Ultra-rare Polkamon are the diamonds of the Polkamon universe. You could look everywhere for them and still not find them. </li></ul> <h2>The Polkamon Ecosystem</h2> <p>The Polkamon ecosystem is an ecosystem of interconnected apps and marketplaces. You can explore other collections and present your own collection through native mobile apps. You can also buy $PMON tokens using apps and also gather information about the Polkamon universe. </p> <p>You can also utilize native mobile widgets, keeping your most valuable Polkamon with you at all times. </p> <p>Polkamon are digital collectibles that blockchain-based ecosystems can utilize. The team behind Polkamon hopes that the existence of Polkamon in native apps and widgets will accelerate the process of blockchains utilizing Polkamon. </p> <h2>How Can Polkamon Be Utilized? </h2> <p>Polkamon have several possibilities to be utilized in different ways. Unlike physical collectibles that are inaccessible to modern arts and games, Polkamon, being digital collectibles that are backed by non-fungible tokens, can be easily integrated into different products connected to different blockchains. Some of the uses are </p> <ul><li><strong>Layer 2 utilization:</strong> It is very easy to integrate Polkamon into Layer 2 utilization applications. They have a rich set of meta-data that describes every individual property of each individual Polkamon. </li></ul> <ul><li><strong>Proof of ownership: </strong>The advantage of Polkamon is that non-fungible tokens back it. So the owner can integrate his or her collection into art or modern games.</li></ul> <p>Polkamon hopes to be the start of a future towards NFT based collectibles. The team hopes to kickstart the digital collectible ecosystem with a new kind of NFT-backed collectible.</p> </html>
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Transaction InfoBlock #52766684/Trx 60562b1943b1cff1539f69de724aaab69803ad16
View Raw JSON Data
{
  "trx_id": "60562b1943b1cff1539f69de724aaab69803ad16",
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  "timestamp": "2021-04-10T13:22:21",
  "op": [
    "comment",
    {
      "parent_author": "",
      "parent_permlink": "cryptocurrency",
      "author": "blockcommerce",
      "permlink": "introducing-polkamon-the-endless-possibilities-of-nfts",
      "title": "Introducing Polkamon: The Endless Possibilities Of NFTs",
      "body": "<html>\n<p><img src=\"https://www.cryptonewslist.com/wp-content/uploads/2021/04/pmon-3-1-1024x552.png\"/></p>\n<p>NFTs have gained considerable popularity in recent times, becoming an essential part of the blockchain ecosystem, with uses in blockchain gaming, collectibles, and digital art spaces. An NFT is a type of token or unique digital asset; each NFT has its own unique property or identity, making them unique and non-interchangeable. </p>\n<p>Each token’s unique attributes make them impossible to exchange, replace or create copies, making them scarce and giving them value. NFTs are increasing in popularity as an asset class, with a significant increase in market capitalization. The NFT industry’s market capitalization has increased from $31 million in 2017 to more than $300 million by the end of 2020. </p>\n<h2>What is Polkamon? </h2>\n<p>Polkamon allows users to collect extremely rare Digital Monsters. These collectibles can be integrated into several blockchain-connected products. Digital collectibles like Polkamon are different from physical collectible items.</p>\n<p>Polkamon are animated, digital collectibles. Each collectible has varying scarcity and is backed by a unique NFT. They can also be unpacked using the $PMON tokens. </p>\n<p>Polkamon’s properties are described through a rich metadata set. They can also be integrated into Layer 2 applications. Non-fungible tokens also back Polkamon, allowing them to be integrated into blockchain based games or digital art. </p>\n<h2>Who Is The Team Behind Polkamon, And What Is Their Vision? </h2>\n<p>The team behind Polkamon describes their vision as three layers that can become the building blocks for a sustainable and modern collectibles ecosystem. The base layer is the decentralized ownership system based on NFTs that is supported by an ERC20 token. The ERC20 token improves liquidity and makes trade easier. </p>\n<p>On this base layer is the second layer; the second layer enriches NFTs through detailed metadata and rich visuals. The third layer is the application layer, on which proven ownership and visuals, and metadata help create a universe of utilization. </p>\n<ul><li><strong>Different utilization layers:</strong> The team at Polkamon understands that the key to sustainable growth depends on the quantity and the quality of utilization layers. As a result, they are building partnerships with several players for Layer 2 utilization in the game and arts space. </li></ul>\n<ul><li><strong>Visuals and metadata:</strong> Detailed visuals and metadata is one of the most significant growth drivers for Polkamon. They are easy to integrate with Polkamon. This can also act as a support layer for utilization applications. </li></ul>\n<ul><li><strong>Decentralized NFTs and tokens:</strong> Decentralized NFT and token layers form the base of the Polkamon ecosystem. This ensures maximum trust when it comes to ownership and also provides significant supply advantages. </li></ul>\n<p>The team at Polkamon is led by Leif Eric Leiser, who is the CEO. The team also consists of Lennart Brandt and Finn Hansen. </p>\n<h2>What Are The Features Of Polkamon? </h2>\n<p>Polkamon has several features that set it apart from its peers. Some of the unique features are </p>\n<ul><li><strong>Staking: </strong>Receive additional $PMON rewards by staking $PMON.</li></ul>\n<ul><li><strong>Ultra-Rare NFTs:</strong> Reveal ultra-rare Polkamon by unpacking $PMON tokens. Polkamon also allows you to swap NFTs for $PMON tokens. </li></ul>\n<ul><li><strong>Cross-chain:</strong> Polkamon is available on multiple blockchains like Ethereum, Polkadot and several other blockchains that are gearing up to incorporate them. </li></ul>\n<ul><li><strong>Polkamon is hyper-deflationary:</strong> Polkamon ensures a continued scarcity of your assets by burning a certain number of $Pmon tokens when a swap/reverse occurs. </li></ul>\n<ul><li><strong>High-liquidity:</strong> The $PMON token adds significant liquidity to the Polkamon project, providing a swapping mechanism between $PMON and the NFTs.</li></ul>\n<ul><li><strong>Scarcity:</strong> Each Polkamon is unique, existing in different shapes and colors. Each Polkamon has a different level of rarity, with some Polkamons falling in the ultra-rare category. </li></ul>\n<h2>What Are The Characteristics Of Different Polkamon? </h2>\n<p>Each Polkamon exists in different shapes and with different characteristics. Some of the characteristics of different Polkamon are </p>\n<ul><li><strong>Colors:</strong> Polkamon come in different colors and hues, representing a shade of color in the rainbow.</li></ul>\n<ul><li><strong>Glitter:</strong> Beautiful and elegant, these are among the rarest Polkamon that you can come across. </li></ul>\n<ul><li><strong>Horn: </strong>Why does each Polkamno possess a horn? We don’t know. All we know is that they vary in shape and rarity. </li></ul>\n<ul><li><strong>Ultra-rare:</strong> Ultra-rare Polkamon are the diamonds of the Polkamon universe. You could look everywhere for them and still not find them. </li></ul>\n<h2>The Polkamon Ecosystem</h2>\n<p>The Polkamon ecosystem is an ecosystem of interconnected apps and marketplaces. You can explore other collections and present your own collection through native mobile apps. You can also buy $PMON tokens using apps and also gather information about the Polkamon universe. </p>\n<p>You can also utilize native mobile widgets, keeping your most valuable Polkamon with you at all times. </p>\n<p>Polkamon are digital collectibles that blockchain-based ecosystems can utilize. The team behind Polkamon hopes that the existence of Polkamon in native apps and widgets will accelerate the process of blockchains utilizing Polkamon. </p>\n<h2>How Can Polkamon Be Utilized? </h2>\n<p>Polkamon have several possibilities to be utilized in different ways. Unlike physical collectibles that are inaccessible to modern arts and games, Polkamon, being digital collectibles that are backed by non-fungible tokens, can be easily integrated into different products connected to different blockchains. Some of the uses are </p>\n<ul><li><strong>Layer 2 utilization:</strong> It is very easy to integrate Polkamon into Layer 2 utilization applications. They have a rich set of meta-data that describes every individual property of each individual Polkamon. </li></ul>\n<ul><li><strong>Proof of ownership: </strong>The advantage of Polkamon is that non-fungible tokens back it. So the owner can integrate his or her collection into art or modern games.</li></ul>\n<p>Polkamon hopes to be the start of a future towards NFT based collectibles. The team hopes to kickstart the digital collectible ecosystem with a new kind of NFT-backed collectible.</p>\n</html>",
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2021/04/08 20:04:45
parent author
parent permlinkcryptocurrency
authorblockcommerce
permlinktradestars-a-new-approach-to-fantasy-sports
titleTradeStars: A New Approach To Fantasy Sports
body<html> <p><img src="https://www.cryptonewslist.com/wp-content/uploads/2021/04/01395c05ca0fd47d0cfad92f1867dbde.png"/></p> <p> Everyone has heard about the stock exchange, but what about a fantasy stock exchange? TradeStars has set out to make a fantasy sports platform that operates on the same lines as the New York Stock Exchange and NASDAQ. This is another addition to an already burgeoning sports industry.</p> <p>Sports and the sports industry are among the driving factors of the global economy. Sporting events attract thousands of people who want to watch it live, with millions more watching it at home. Sports are also watched through PPVs and online media.</p> <p>Fantasy sports is a part of this colossus industry, with its market size predicted to reach $33.2 billion by 2025.</p> <h2>WHAT ARE FANTASY GAMES?</h2> <p>For the uninitiated, fantasy games are games where scores that define possible outcomes for players are based on real-life data and facts. Generally, the scoring in fantasy games is based on the athletes’ performance and their performance statistics.</p> <p>Fantasy games have generated a lot of interest since their inception, and the team at TradeStars believes that it can improve and leverage new technologies, using them in the industry.</p> <h2>SO WHAT IS TRADESTARS?</h2> <p>TradeStars is a new take on fantasy sports. It is a Fantasy Stocks Trading Platform that is powered by the Ethereum and Matic Layer 2 blockchain. The game lets fans trade and monetize digital assets, leveraging their knowledge and relying on players’ real-life statistics. The value of the digital assets is influenced by actual sporting events and the performance of the players.</p> <p>TradeStars hopes to create a fantasy sports exchange, similar to the New York Stock Exchange or NASDAQ. Instead of building a virtual team and competing against other players, TradeStars enables users to build a portfolio of fantasy stocks.</p> <h2>HOW DOES TRADESTARS WORK?</h2> <p>TradeStars works on simple economics, combining the best of blockchain and fantasy sports. The game is powered by Ethereum and Matic 2 blockchains, allowing players to use and leverage their knowledge and monetize digital assets. The value of these assets is influenced by real sporting events and players’ performances in those events.</p> <p>TradeStars is free to join; however, you will need money so that you can purchase player stocks. The goal of TradeStars is to operate fantasy sports in the same way as NASDAQ or the NYSE. An athlete’s performance will be tokenized on a non-fungible token (NFT).</p> <p>Unlike traditional fantasy games, TradeStars acts as a fantasy sports stock market, allowing players to create a portfolio of their favorite athletes and managing them. A player’s stock price would depend on the market demand, just like a stock market. If a lot of players are buying a player stock, then the price would increase, and if a lot of players are selling, then the price would drop.</p> <p>TradeStars has over 30,000 users and launched its “sporting stock exchange” in January 2020. TradeStars has also just announced its governance token, the TSX token. 10% of the tokens will be released to users on the platform over the next few weeks to months.</p> <p>According to Christian Hentschel, Founder, and CTO of TradeStars, “TradeStars is the first decentralized trading platform for ‘Fractional NFTs,’ where economic DeFi incentives are connected to real-life statistical data.” He further stated that the teams’ experience in fantasy sports and crypto helped the team create a new type of fantasy sport based on virtual assets.</p> <h2>UTILIZING FRACTIONAL NFTS</h2> <p>TradeStars is the first platform to utilize Fractional NFTs. Fractional NFTs are a new type of NFT that allows owners to own NFTs partially. The team at TradeStars proposed using the ERC-20 standard to represent the fractional NFTs.</p> <h2>THE TSX TOKEN</h2> <p>The TSX token is the governance token of the TradeStars platform and is one of the most important components of the TradeStar ecosystem. The TSX tokens will be issued as ERC-20 standard tokens based on the Ethereum blockchain. The primary function of the token is to reward participants on the TradeStars platform.</p> <p>The TSX token will drive user participation on the platform, and TSX holders will help the platform realize its full potential through experimentation and increased participation. TSX token holders will also vote on changes on the platform like the addition of fractional NFT markets, pricing formula of NFT markets, among other things.</p> <h2>FEATURES OF THE TRADESTAR PLATFORM</h2> <p>TradeStars has several unique features. Some of which are</p> <ul><li>TradeStars utilizes blockchain technology, giving users decentralization, transparency, and complete digital ownership of their assets.</li><li>Users on the platform can buy and sell fantasy stocks at any time, with all transactions managed by smart contracts.</li><li>Real-time data and player performances influence the prices of fantasy stocks.</li><li>TradeStars lets you leverage your knowledge of sports, helping you unlock players, maximize the value of the player stocks by buying them when they are first issued.</li><li>Assets on the player market are non-fungible assets. They are based on the Ethereum blockchain and are uniquely owned by an Ethereum wallet.</li><li>TradeStars is free to register. All you need is your browser. However, to start trading, you will need funds in your account.</li></ul> <h2>CONCLUSION</h2> <p>TradeStars provides an exciting alternative to traditional fantasy sports games. The team uses blockchain technology to create the world’s first Decentralized Trading Market for fantasy stocks.</p> <p>All transactions, stock prices, trade executions will be managed by smart contracts on the Ethereum and Matic 2 blockchains. The team at TradeStars believes that they can create a revolutionary and game-changing platform for sports fans, gamers, and sports betters.</p> </html>
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Transaction InfoBlock #52717587/Trx ec03ddf24590b201d19efd24dd6f43ebd5677f70
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      "permlink": "tradestars-a-new-approach-to-fantasy-sports",
      "title": "TradeStars: A New Approach To Fantasy Sports",
      "body": "<html>\n<p><img src=\"https://www.cryptonewslist.com/wp-content/uploads/2021/04/01395c05ca0fd47d0cfad92f1867dbde.png\"/></p>\n<p>\rEveryone has heard about the stock exchange, but what about a fantasy stock exchange? TradeStars has set out to make a fantasy sports platform that operates on the same lines as the New York Stock Exchange and NASDAQ. This is another addition to an already burgeoning sports industry.</p>\n<p>Sports and the sports industry are among the driving factors of the global economy. Sporting events attract thousands of people who want to watch it live, with millions more watching it at home. Sports are also watched through PPVs and online media.</p>\n<p>Fantasy sports is a part of this colossus industry, with its market size predicted to reach $33.2 billion by 2025.</p>\n<h2>WHAT ARE FANTASY GAMES?</h2>\n<p>For the uninitiated, fantasy games are games where scores that define possible outcomes for players are based on real-life data and facts. Generally, the scoring in fantasy games is based on the athletes’ performance and their performance statistics.</p>\n<p>Fantasy games have generated a lot of interest since their inception, and the team at TradeStars believes that it can improve and leverage new technologies, using them in the industry.</p>\n<h2>SO WHAT IS TRADESTARS?</h2>\n<p>TradeStars is a new take on fantasy sports. It is a Fantasy Stocks Trading Platform that is powered by the Ethereum and Matic Layer 2 blockchain. The game lets fans trade and monetize digital assets, leveraging their knowledge and relying on players’ real-life statistics. The value of the digital assets is influenced by actual sporting events and the performance of the players.</p>\n<p>TradeStars hopes to create a fantasy sports exchange, similar to the New York Stock Exchange or NASDAQ. Instead of building a virtual team and competing against other players, TradeStars enables users to build a portfolio of fantasy stocks.</p>\n<h2>HOW DOES TRADESTARS WORK?</h2>\n<p>TradeStars works on simple economics, combining the best of blockchain and fantasy sports. The game is powered by Ethereum and Matic 2 blockchains, allowing players to use and leverage their knowledge and monetize digital assets. The value of these assets is influenced by real sporting events and players’ performances in those events.</p>\n<p>TradeStars is free to join; however, you will need money so that you can purchase player stocks. The goal of TradeStars is to operate fantasy sports in the same way as NASDAQ or the NYSE. An athlete’s performance will be tokenized on a non-fungible token (NFT).</p>\n<p>Unlike traditional fantasy games, TradeStars acts as a fantasy sports stock market, allowing players to create a portfolio of their favorite athletes and managing them. A player’s stock price would depend on the market demand, just like a stock market. If a lot of players are buying a player stock, then the price would increase, and if a lot of players are selling, then the price would drop.</p>\n<p>TradeStars has over 30,000 users and launched its “sporting stock exchange” in January 2020. TradeStars has also just announced its governance token, the TSX token. 10% of the tokens will be released to users on the platform over the next few weeks to months.</p>\n<p>According to Christian Hentschel, Founder, and CTO of TradeStars, “TradeStars is the first decentralized trading platform for ‘Fractional NFTs,’ where economic DeFi incentives are connected to real-life statistical data.” He further stated that the teams’ experience in fantasy sports and crypto helped the team create a new type of fantasy sport based on virtual assets.</p>\n<h2>UTILIZING FRACTIONAL NFTS</h2>\n<p>TradeStars is the first platform to utilize Fractional NFTs. Fractional NFTs are a new type of NFT that allows owners to own NFTs partially. The team at TradeStars proposed using the ERC-20 standard to represent the fractional NFTs.</p>\n<h2>THE TSX TOKEN</h2>\n<p>The TSX token is the governance token of the TradeStars platform and is one of the most important components of the TradeStar ecosystem. The TSX tokens will be issued as ERC-20 standard tokens based on the Ethereum blockchain. The primary function of the token is to reward participants on the TradeStars platform.</p>\n<p>The TSX token will drive user participation on the platform, and TSX holders will help the platform realize its full potential through experimentation and increased participation. TSX token holders will also vote on changes on the platform like the addition of fractional NFT markets, pricing formula of NFT markets, among other things.</p>\n<h2>FEATURES OF THE TRADESTAR PLATFORM</h2>\n<p>TradeStars has several unique features. Some of which are</p>\n<ul><li>TradeStars utilizes blockchain technology, giving users decentralization, transparency, and complete digital ownership of their assets.</li><li>Users on the platform can buy and sell fantasy stocks at any time, with all transactions managed by smart contracts.</li><li>Real-time data and player performances influence the prices of fantasy stocks.</li><li>TradeStars lets you leverage your knowledge of sports, helping you unlock players, maximize the value of the player stocks by buying them when they are first issued.</li><li>Assets on the player market are non-fungible assets. They are based on the Ethereum blockchain and are uniquely owned by an Ethereum wallet.</li><li>TradeStars is free to register. All you need is your browser. However, to start trading, you will need funds in your account.</li></ul>\n<h2>CONCLUSION</h2>\n<p>TradeStars provides an exciting alternative to traditional fantasy sports games. The team uses blockchain technology to create the world’s first Decentralized Trading Market for fantasy stocks.</p>\n<p>All transactions, stock prices, trade executions will be managed by smart contracts on the Ethereum and Matic 2 blockchains. The team at TradeStars believes that they can create a revolutionary and game-changing platform for sports fans, gamers, and sports betters.</p>\n</html>",
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2021/04/08 17:32:27
authorblockcommerce
permlinkrare-collectibles-layer-2-utilization-and-polkamon-a-next-generation-nft
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2021/04/01 18:01:09
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2021/04/01 17:32:27
parent author
parent permlinkcryptocurrency
authorblockcommerce
permlinkrare-collectibles-layer-2-utilization-and-polkamon-a-next-generation-nft
titleRare Collectibles, Layer 2 Utilization And Polkamon: A Next Generation NFT
body<html> <h2><img src="https://www.cryptonewslist.com/wp-content/uploads/2021/04/polkamon-2-1-1536x828.png"/> <br/> Introduction </h2> <p>NFTs are currently creating waves in the cryptocurrency space. Yes, NFTs are as strange as you think they are. They are basically a new way to spend your money or make a considerable fortune. NFTs have easily surpassed cryptocurrencies when it comes to hype and popularity. </p> <p>So what exactly are NFTs? Non-fungible tokens (NFT in short) are digital assets. These assets represent a range of tangible and intangible items. The items could be anything, ranging from collectibles like sports cards, music album art. They could also be virtual real-estate or even sneakers that have been created digitally. So as you can see, NFTs can be pretty much whatever you want them to be. </p> <p>However, NFTs differ from traditional physical collectible items like, say, a painting or a collectible card. NFTs are entirely digital and could represent a tweet, a meme, or even a gif. </p> <h2>What Exactly Is An NFT?</h2> <p>To understand what an NFT is, you must keep an open mind. NFTs are unique digital tokens. Most of the NFTs in existence today are based on Ethereum, using the Ethereum blockchain to record all transactions. NFTs are different from cryptocurrencies. The latter are fungible assets, which means that you can exchange one cryptocurrency for another cryptocurrency. They are also divisible. NFTs being non-fungible, cannot be exchanged for another NFT because each NFT is unique. </p> <p>One of the most significant benefits of NFTs over physical collectible items like coins or cards is that each NFT contains unique information that differentiates it from other NFTs. This ensures that fake collectibles are kept in check because each item can be traced back to its owner. No two NFTs are alike, even if they share the same platform, or are part of the same game, or even part of the same platform. A good analogy to understand them would be concert tickets. Each ticket is unique and contains information about the individual who has purchased that particular ticket, the venue of the concert, and the concert’s date. Such unique data makes it impossible to trade one ticket with another. </p> <p>Almost all NFTs are based on the Ethereum blockchain using one of two Ethereum token standards. These are the ERC-721 token and the ERC-1155 token. Using these tokens ensures that developers can easily deploy NFTs and ensure their compatibility with the broader crypto ecosystem and services like MyEtherWallet and MetaMask. Other blockchains like EOS and Tron have also gotten in on the act, releasing their own NFT token standards, hoping developers build NFTs on their blockchain. </p> <h2>What Are Some Of The Characteristics Of NFTs?</h2> <p>NFTs have several characteristics that make them unique. Some of the characteristics are </p> <ul><li><strong>NFTs are not interoperable:</strong> NFTs are not interoperable, which means that one NFT cannot be used in place of another. For example, a CryptoKitty cannot be used as a character on the CryptoPunk game, and vice versa. </li></ul> <ul><li><strong>NFTs are indivisible:</strong> NFTs cannot be divided, unlike fungible assets like Bitcoin that can be further divided into Satoshis. NFTs exist as a whole and cannot be divided. </li></ul> <ul><li><strong>NFTs are verifiable:</strong> Since all data with respect to NFTs is stored on the blockchain, digital collectible items can easily be traced back to their original creator or owner. This allows easy verification and authentication of the NFTs without any third-party interference. </li></ul> <ul><li><strong>NFTs are indestructible:</strong> NFTs run on blockchain technology, utilizing smart contracts to store data on the Ethereum blockchain. This ensures that each NFT cannot be destroyed or duplicated. The ownership of the NFTs is also immutable, which means that collectors actually own their NFTs. This is different from purchasing a song or an album from a music streaming service where the user who buys the song or the album doesn’t actually own it. </li></ul> <h2>Why Are NFTs Gaining Popularity? </h2> <p>NFTs have become spectacularly popular with users in the crypto space, gamers and collectors because they have completely revolutionized the collectible and gaming space. The market capitalization of NFTs crossed $300 million by the end of 2020. </p> <p>Blockchain technology has made it possible for collectors and gamers to become the immutable owners of the unique digital assets and in-game items, allowing them to monetize them. Users have also been able to monetize virtual properties like Casinos and theme parks that are created in virtual worlds like The Sandbox. They can also sell digital items like avatars, costumes, and in-game currencies in secondary markets. </p> <p>NFTs have also allowed artists to sell their artwork in digital form to buyers globally without the need for an auction house or art gallery. This allows them to make more profits from sales. Smart contracts also allow royalties to be programmed into the artwork, allowing the artists to receive a royalty or a percentage of sales each time the NFT is sold to a new buyer. </p> <h2>A Few Examples Of NFT Sales </h2> <p>NFTs have a huge market, just like rare collectible baseball cards and limited edition toys. Buyers tend to be people who understand the value of digital assets. The target of NFTs were mostly individuals who were cryptocurrency enthusiasts. NFTs for digital art and games is a huge business. Here are some truly staggering examples. </p> <ul><li>An NFT art piece by digital artist Beeple sold for $69.3 million at a Christie’s auction. </li></ul> <ul><li>Dragon is one of the most expensive CryptoKitties in the NFT space, currently valued at 600 ETH. </li></ul> <ul><li>The “1-1-1” car from F1 Delta sold for 415.5 ETH in 2019. </li></ul> <ul><li>A character, Angel, from the NFT-based game Axie Infinity, sold for 319 ETH. </li></ul> <ul><li>A digital collectible card of basketball legend LeBron James sold for $100,000. </li></ul> <h2>Introducing Polkamon</h2> <p>Polkamon brings 3D NFTs to the digital collectibles space. Users can collect ultra-rare Digital Monsters which can be integrated into various blockchain-connected products. </p> <p>Polkamon are animated, digital collectibles. Each collectible is unique and has varying degrees of scarcity. Each Polkamon is also backed by a unique NFT and can be unpacked using $PMON tokens. Each Polkamon has a rich metadata set that describes the properties of each unique Polkamon. They can also be integrated into Layer 2 applications. </p> <p>All Polkamon are backed by non-fungible tokens, allowing the owners of different Polkamon to integrate them into their collection of art or in games. </p> <h2>What Are The Ways In Which Polkamon Can Be Utilized? </h2> <p>Polkamon can be utilized in several different ways. Polkamon differ from physical collectibles because they are digital collectibles that are backed by non-fungible tokens. They can easily be connected to different products on different blockchains. Some of the uses of Polkamon are </p> <ul><li><strong>Layer 2 Utilization:</strong> Polkamon is easily integrated into Layer 2 utilization applications. Each Polkamon has a rich meta-data set that describes the individual properties of each unique Polkamon. </li></ul> <ul><li><strong>Proof of Ownership:</strong> Polkamon is backed by non-fungible tokens, which give them a significant advantage. The proof of ownership is immutable, and the owners can integrate the Polkamon into their collection or use them as an in-game asset. </li></ul> <p>There will be an upcoming IDO which is set to take place on Polkastarter, more details surrounding the $PMON sale is set to be announced by the team. Polkamon hopes to kickstart the NFT-based collectibles space. The team behind Polkamon hopes to grow and enrich the ecosystem with the help of a new type of NFT-based collectible. </p> </html>
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      "title": "Rare Collectibles, Layer 2 Utilization And Polkamon: A Next Generation NFT",
      "body": "<html>\n<h2><img src=\"https://www.cryptonewslist.com/wp-content/uploads/2021/04/polkamon-2-1-1536x828.png\"/>\r<br/>\rIntroduction </h2>\n<p>NFTs are currently creating waves in the cryptocurrency space. Yes, NFTs are as strange as you think they are. They are basically a new way to spend your money or make a considerable fortune. NFTs have easily surpassed cryptocurrencies when it comes to hype and popularity. </p>\n<p>So what exactly are NFTs? Non-fungible tokens (NFT in short) are digital assets. These assets represent a range of tangible and intangible items. The items could be anything, ranging from collectibles like sports cards, music album art. They could also be virtual real-estate or even sneakers that have been created digitally. So as you can see, NFTs can be pretty much whatever you want them to be. </p>\n<p>However, NFTs differ from traditional physical collectible items like, say, a painting or a collectible card. NFTs are entirely digital and could represent a tweet, a meme, or even a gif. </p>\n<h2>What Exactly Is An NFT?</h2>\n<p>To understand what an NFT is, you must keep an open mind. NFTs are unique digital tokens. Most of the NFTs in existence today are based on Ethereum, using the Ethereum blockchain to record all transactions. NFTs are different from cryptocurrencies. The latter are fungible assets, which means that you can exchange one cryptocurrency for another cryptocurrency. They are also divisible. NFTs being non-fungible, cannot be exchanged for another NFT because each NFT is unique. </p>\n<p>One of the most significant benefits of NFTs over physical collectible items like coins or cards is that each NFT contains unique information that differentiates it from other NFTs. This ensures that fake collectibles are kept in check because each item can be traced back to its owner. No two NFTs are alike, even if they share the same platform, or are part of the same game, or even part of the same platform. A good analogy to understand them would be concert tickets. Each ticket is unique and contains information about the individual who has purchased that particular ticket, the venue of the concert, and the concert’s date. Such unique data makes it impossible to trade one ticket with another. </p>\n<p>Almost all NFTs are based on the Ethereum blockchain using one of two Ethereum token standards. These are the ERC-721 token and the ERC-1155 token. Using these tokens ensures that developers can easily deploy NFTs and ensure their compatibility with the broader crypto ecosystem and services like MyEtherWallet and MetaMask. Other blockchains like EOS and Tron have also gotten in on the act, releasing their own NFT token standards, hoping developers build NFTs on their blockchain. </p>\n<h2>What Are Some Of The Characteristics Of NFTs?</h2>\n<p>NFTs have several characteristics that make them unique. Some of the characteristics are </p>\n<ul><li><strong>NFTs are not interoperable:</strong> NFTs are not interoperable, which means that one NFT cannot be used in place of another. For example, a CryptoKitty cannot be used as a character on the CryptoPunk game, and vice versa. </li></ul>\n<ul><li><strong>NFTs are indivisible:</strong> NFTs cannot be divided, unlike fungible assets like Bitcoin that can be further divided into Satoshis. NFTs exist as a whole and cannot be divided. </li></ul>\n<ul><li><strong>NFTs are verifiable:</strong> Since all data with respect to NFTs is stored on the blockchain, digital collectible items can easily be traced back to their original creator or owner. This allows easy verification and authentication of the NFTs without any third-party interference. </li></ul>\n<ul><li><strong>NFTs are indestructible:</strong> NFTs run on blockchain technology, utilizing smart contracts to store data on the Ethereum blockchain. This ensures that each NFT cannot be destroyed or duplicated. The ownership of the NFTs is also immutable, which means that collectors actually own their NFTs. This is different from purchasing a song or an album from a music streaming service where the user who buys the song or the album doesn’t actually own it. </li></ul>\n<h2>Why Are NFTs Gaining Popularity? </h2>\n<p>NFTs have become spectacularly popular with users in the crypto space, gamers and collectors because they have completely revolutionized the collectible and gaming space. The market capitalization of NFTs crossed $300 million by the end of 2020. </p>\n<p>Blockchain technology has made it possible for collectors and gamers to become the immutable owners of the unique digital assets and in-game items, allowing them to monetize them. Users have also been able to monetize virtual properties like Casinos and theme parks that are created in virtual worlds like The Sandbox. They can also sell digital items like avatars, costumes, and in-game currencies in secondary markets. </p>\n<p>NFTs have also allowed artists to sell their artwork in digital form to buyers globally without the need for an auction house or art gallery. This allows them to make more profits from sales. Smart contracts also allow royalties to be programmed into the artwork, allowing the artists to receive a royalty or a percentage of sales each time the NFT is sold to a new buyer. </p>\n<h2>A Few Examples Of NFT Sales </h2>\n<p>NFTs have a huge market, just like rare collectible baseball cards and limited edition toys. Buyers tend to be people who understand the value of digital assets. The target of NFTs were mostly individuals who were cryptocurrency enthusiasts. NFTs for digital art and games is a huge business. Here are some truly staggering examples. </p>\n<ul><li>An NFT art piece by digital artist Beeple sold for $69.3 million at a Christie’s auction. </li></ul>\n<ul><li>Dragon is one of the most expensive CryptoKitties in the NFT space, currently valued at 600 ETH. </li></ul>\n<ul><li>The “1-1-1” car from F1 Delta sold for 415.5 ETH in 2019. </li></ul>\n<ul><li>A character, Angel, from the NFT-based game Axie Infinity, sold for 319 ETH. </li></ul>\n<ul><li>A digital collectible card of basketball legend LeBron James sold for $100,000. </li></ul>\n<h2>Introducing Polkamon</h2>\n<p>Polkamon brings 3D NFTs to the digital collectibles space. Users can collect ultra-rare Digital Monsters which can be integrated into various blockchain-connected products. </p>\n<p>Polkamon are animated, digital collectibles. Each collectible is unique and has varying degrees of scarcity. Each Polkamon is also backed by a unique NFT and can be unpacked using $PMON tokens. Each Polkamon has a rich metadata set that describes the properties of each unique Polkamon. They can also be integrated into Layer 2 applications. </p>\n<p>All Polkamon are backed by non-fungible tokens, allowing the owners of different Polkamon to integrate them into their collection of art or in games. </p>\n<h2>What Are The Ways In Which Polkamon Can Be Utilized? </h2>\n<p>Polkamon can be utilized in several different ways. Polkamon differ from physical collectibles because they are digital collectibles that are backed by non-fungible tokens. They can easily be connected to different products on different blockchains. Some of the uses of Polkamon are </p>\n<ul><li><strong>Layer 2 Utilization:</strong> Polkamon is easily integrated into Layer 2 utilization applications. Each Polkamon has a rich meta-data set that describes the individual properties of each unique Polkamon. </li></ul>\n<ul><li><strong>Proof of Ownership:</strong> Polkamon is backed by non-fungible tokens, which give them a significant advantage. The proof of ownership is immutable, and the owners can integrate the Polkamon into their collection or use them as an in-game asset. </li></ul>\n<p>There will be an upcoming IDO which is set to take place on Polkastarter, more details surrounding the $PMON sale is set to be announced by the team. Polkamon hopes to kickstart the NFT-based collectibles space. The team behind Polkamon hopes to grow and enrich the ecosystem with the help of a new type of NFT-based collectible. </p>\n</html>",
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2021/03/24 19:45:00
parent author
parent permlinkcryptocurrency
authorblockcommerce
permlinkgamers-to-earn-in-a-player-driven-economy-powered-by-chainguardians
titleGamers To Earn In A Player-Driven Economy Powered By ChainGuardians
body<html> <p><img src="https://www.cryptonewslist.com/wp-content/uploads/2021/03/chainguardians-8-copy-696x457-1.jpg"/></p> <p> Crypto gaming is on the rise as more players are embracing the novel ecosystems created through the power of blockchain technology. New gaming platforms are leveraging the security, accountability and versatility of decentralised systems to create robust gamer-centric economies.</p> <p>The integration of blockchain technology in gaming is helping these platforms easily transition from the traditional systems to the ecosystems of the future. One such platform that is leading this transformation of the gaming industry is ChainGuardians.</p> <p><strong>ChainGuardians in a nutshell</strong></p> <p>ChainGuardians is the world’s first ecosystem that brings together blockchain technology and superheroes. The platform integrates this novel invention into the traditional gaming concepts to create one of the most rewarding player-centric economies. The games on the platform are free-to-play that give users the opportunity to earn tangible rewards, subsequently converting their time and energy into a fruitful engagement.</p> <p>The ChainGuardians model is a stark contrast to the existing gaming ecosystems that still follow the traditional concepts. These platforms usually operate a pay-to-play model with gamers required to purchase the games or some in-game assets to unlock some features or access higher levels. Some of these platforms also have in-game currencies that players can earn through game play and can subsequently use them for in-game purchases.</p> <p>Unfortunately, such assets and currencies earned by the players, have no use outside those traditional platforms. Moreover, gamers face the risk of potentially losing their earnings and game progress if the developer corporation deactivates their accounts. For role-playing games, these are important to the gamers as they are a representation of their time and energy in the games.</p> <p>ChainGuardians has integrated blockchain technology in their ecosystem to remedy these issues and provide a more rewarding environment for all gamers. Gamers earn rewards in the form of CGC (ChainGuardians Coin, the platform’s governance token) from their gameplay. Unlike the traditional gaming currencies, the CGC tokens are valuable outside of the ChainGuardians ecosystem.</p> <p>The token holders can trade them for other cryptocurrencies or use them for online purchases. They can also stake the CGC tokens across multiple DeFi platforms to earn further rewards through liquidity mining and yield farming.</p> <p><strong>ChainGuardians NFT Mining Program</strong></p> <p>ChainGuardians has developed a novel in-game economy by infusing blockchain technology to make their ecosystem more rewarding. This has enabled them to build a player-driven economy where gamers can earn sustainable incomes from multiple sources within the ChainGuardians Cryptoverse.</p> <p>In this respect, all assets in their ecosystem are tokenized digitally in the form of NFTs (non-fungible tokens), giving them value and making them more useful than those on traditional platforms. Furthermore, ChainGuardians mints only a limited number of NFTs, effectively making them rare and highly valuables. Players can trade the NFTs in secondary markets to convert their earnings into tangible rewards.</p> <p>ChainGuardians is pioneering NFT mining whereby players can stake their assets to earn additional income. These miner rewards are issued in the form of CGC tokens. This essentially boosts their rewards by providing extra revenues streams.</p> <p>For a start, the mining program allows staking of ChainGuardians NFTs with the Captain being the first asset to be enlisted. A limited supply of the character was issued during the pre-sale rendering it highly valuable due to its scarcity. Due to its rarity, the Captain will have a Hashing Power of 13.5 TH that attributes 25CGC to the token holders. These will be distributed every 20 minutes to the holders based on their total hashpower. These rewards will half after every 12-months cycle.</p> <p>The NFT mining program will be gradually opened to the global audience allowing players across other gaming platforms to participate and earn rewards. New batches of select tokens from other ecosystems will be continually added at fixed intervals to the ChainGuardians NFT Global Hashing Mini-Game. This will give an opportunity to the holders of popular and rare NFTs to earn CGC tokens through this initiative. For a start, these NFTs are up for initial consideration:</p> <ul><li>Selected Crypto Punks: 180 GH (Initial Catch Numbers)</li><li>Selected Crypto Kitties: 450 GH (Certain Fancy Cats)</li><li>Selected Etheremon: 4.75 TH (Badges #1~3)</li><li>Captain Devix Attazar: 13.5 TH</li></ul> <p>The hashrate and amount of rewards that these NFTs can earn is determined by how rare and valuable they are.</p> <p><strong>Looking forward</strong></p> <p>ChainGuardians is leading the charge for crypto-based games as they continue to change the gaming landscape across the globe. The platform has built some innovative solutions that help players earn revenues from multiple streams.</p> <p>Their in-game currency, CGC, will play a huge role by helping players to monetize their skills and time, a major shift from the existing platforms that actually charge them to participate.</p> <p>Their revolutionary NFT mining program is a bold initiative and a potential game changer for all players. It is an exciting innovation that will further boost their earning potential by allowing them to generate additional income from their in-game assets.</p> </html>
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Transaction InfoBlock #52289445/Trx cacb909b32bc7b0815524660e969084ada269350
View Raw JSON Data
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  "trx_id": "cacb909b32bc7b0815524660e969084ada269350",
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  "timestamp": "2021-03-24T19:45:00",
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      "parent_permlink": "cryptocurrency",
      "author": "blockcommerce",
      "permlink": "gamers-to-earn-in-a-player-driven-economy-powered-by-chainguardians",
      "title": "Gamers To Earn In A Player-Driven Economy Powered By ChainGuardians",
      "body": "<html>\n<p><img src=\"https://www.cryptonewslist.com/wp-content/uploads/2021/03/chainguardians-8-copy-696x457-1.jpg\"/></p>\n<p>\rCrypto gaming is on the rise as more players are embracing the novel ecosystems created through the power of blockchain technology. New gaming platforms are leveraging the security, accountability and versatility of decentralised systems to create robust gamer-centric economies.</p>\n<p>The integration of blockchain technology in gaming is helping these platforms easily transition from the traditional systems to the ecosystems of the future. One such platform that is leading this transformation of the gaming industry is ChainGuardians.</p>\n<p><strong>ChainGuardians in a nutshell</strong></p>\n<p>ChainGuardians is the world’s first ecosystem that brings together blockchain technology and superheroes. The platform integrates this novel invention into the traditional gaming concepts to create one of the most rewarding player-centric economies. The games on the platform are free-to-play that give users the opportunity to earn tangible rewards, subsequently converting their time and energy into a fruitful engagement.</p>\n<p>The ChainGuardians model is a stark contrast to the existing gaming ecosystems that still follow the traditional concepts. These platforms usually operate a pay-to-play model with gamers required to purchase the games or some in-game assets to unlock some features or access higher levels. Some of these platforms also have in-game currencies that players can earn through game play and can subsequently use them for in-game purchases.</p>\n<p>Unfortunately, such assets and currencies earned by the players, have no use outside those traditional platforms. Moreover, gamers face the risk of potentially losing their earnings and game progress if the developer corporation deactivates their accounts. For role-playing games, these are important to the gamers as they are a representation of their time and energy in the games.</p>\n<p>ChainGuardians has integrated blockchain technology in their ecosystem to remedy these issues and provide a more rewarding environment for all gamers. Gamers earn rewards in the form of CGC (ChainGuardians Coin, the platform’s governance token) from their gameplay. Unlike the traditional gaming currencies, the CGC tokens are valuable outside of the ChainGuardians ecosystem.</p>\n<p>The token holders can trade them for other cryptocurrencies or use them for online purchases. They can also stake the CGC tokens across multiple DeFi platforms to earn further rewards through liquidity mining and yield farming.</p>\n<p><strong>ChainGuardians NFT Mining Program</strong></p>\n<p>ChainGuardians has developed a novel in-game economy by infusing blockchain technology to make their ecosystem more rewarding. This has enabled them to build a player-driven economy where gamers can earn sustainable incomes from multiple sources within the ChainGuardians Cryptoverse.</p>\n<p>In this respect, all assets in their ecosystem are tokenized digitally in the form of NFTs (non-fungible tokens), giving them value and making them more useful than those on traditional platforms. Furthermore, ChainGuardians mints only a limited number of NFTs, effectively making them rare and highly valuables. Players can trade the NFTs in secondary markets to convert their earnings into tangible rewards.</p>\n<p>ChainGuardians is pioneering NFT mining whereby players can stake their assets to earn additional income. These miner rewards are issued in the form of CGC tokens. This essentially boosts their rewards by providing extra revenues streams.</p>\n<p>For a start, the mining program allows staking of ChainGuardians NFTs with the Captain being the first asset to be enlisted. A limited supply of the character was issued during the pre-sale rendering it highly valuable due to its scarcity. Due to its rarity, the Captain will have a Hashing Power of 13.5 TH that attributes 25CGC to the token holders. These will be distributed every 20 minutes to the holders based on their total hashpower. These rewards will half after every 12-months cycle.</p>\n<p>The NFT mining program will be gradually opened to the global audience allowing players across other gaming platforms to participate and earn rewards. New batches of select tokens from other ecosystems will be continually added at fixed intervals to the ChainGuardians NFT Global Hashing Mini-Game. This will give an opportunity to the holders of popular and rare NFTs to earn CGC tokens through this initiative. For a start, these NFTs are up for initial consideration:</p>\n<ul><li>Selected Crypto Punks: 180 GH (Initial Catch Numbers)</li><li>Selected Crypto Kitties: 450 GH (Certain Fancy Cats)</li><li>Selected Etheremon: 4.75 TH (Badges #1~3)</li><li>Captain Devix Attazar: 13.5 TH</li></ul>\n<p>The hashrate and amount of rewards that these NFTs can earn is determined by how rare and valuable they are.</p>\n<p><strong>Looking forward</strong></p>\n<p>ChainGuardians is leading the charge for crypto-based games as they continue to change the gaming landscape across the globe. The platform has built some innovative solutions that help players earn revenues from multiple streams.</p>\n<p>Their in-game currency, CGC, will play a huge role by helping players to monetize their skills and time, a major shift from the existing platforms that actually charge them to participate.</p>\n<p>Their revolutionary NFT mining program is a bold initiative and a potential game changer for all players. It is an exciting innovation that will further boost their earning potential by allowing them to generate additional income from their in-game assets.</p>\n</html>",
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2021/03/24 19:38:57
parent author
parent permlinkcryptocurrency
authorblockcommerce
permlinkgamers-to-earn-in-a-player-driven-economy-powered-by-chainguardians
titleGamers To Earn In A Player-Driven Economy Powered By ChainGuardians
body<html> <p><img src="https://www.cryptonewslist.com/wp-content/uploads/2021/03/chainguardians-8-copy-696x457-1.jpg"/></p> <p> Crypto gaming is on the rise as more players are embracing the novel ecosystems created through the power of blockchain technology. New gaming platforms are leveraging the security, accountability and versatility of decentralised systems to create robust gamer-centric economies.</p> <p>The integration of blockchain technology in gaming is helping these platforms easily transition from the traditional systems to the ecosystems of the future. One such platform that is leading this transformation of the gaming industry is ChainGuardians.</p> <p><strong>ChainGuardians in a nutshell</strong></p> <p>ChainGuardians is the world’s first ecosystem that brings together blockchain technology and superheroes. The platform integrates this novel invention into the traditional gaming concepts to create one of the most rewarding player-centric economies. The games on the platform are free-to-play that give users the opportunity to earn tangible rewards, subsequently converting their time and energy into a fruitful engagement.</p> <p>The ChainGuardians model is a stark contrast to the existing gaming ecosystems that still follow the traditional concepts. These platforms usually operate a pay-to-play model with gamers required to purchase the games or some in-game assets to unlock some features or access higher levels. Some of these platforms also have in-game currencies that players can earn through game play and can subsequently use them for in-game purchases.</p> <p>Unfortunately, such assets and currencies earned by the players, have no use outside those traditional platforms. Moreover, gamers face the risk of potentially losing their earnings and game progress if the developer corporation deactivates their accounts. For role-playing games, these are important to the gamers as they are a representation of their time and energy in the games.</p> <p>ChainGuardians has integrated blockchain technology in their ecosystem to remedy these issues and provide a more rewarding environment for all gamers. Gamers earn rewards in the form of CGC (ChainGuardians Coin, the platform’s governance token) from their gameplay. Unlike the traditional gaming currencies, the CGC tokens are valuable outside of the ChainGuardians ecosystem.</p> <p>The token holders can trade them for other cryptocurrencies or use them for online purchases. They can also stake the CGC tokens across multiple DeFi platforms to earn further rewards through liquidity mining and yield farming.</p> <p><strong>ChainGuardians NFT Mining Program</strong></p> <p>ChainGuardians has developed a novel in-game economy by infusing blockchain technology to make their ecosystem more rewarding. This has enabled them to build a player-driven economy where gamers can earn sustainable incomes from multiple sources within the ChainGuardians Cryptoverse.</p> <p>In this respect, all assets in their ecosystem are tokenized digitally in the form of NFTs (non-fungible tokens), giving them value and making them more useful than those on traditional platforms. Furthermore, ChainGuardians mints only a limited number of NFTs, effectively making them rare and highly valuables. Players can trade the NFTs in secondary markets to convert their earnings into tangible rewards.</p> <p>ChainGuardians is pioneering NFT mining whereby players can stake their assets to earn additional income. These miner rewards are issued in the form of CGC tokens. This essentially boosts their rewards by providing extra revenues streams.</p> <p>For a start, the mining program allows staking of ChainGuardians NFTs with the Captain being the first asset to be enlisted. A limited supply of the character was issued during the pre-sale rendering it highly valuable due to its scarcity. Due to its rarity, the Captain will have a Hashing Power of 13.5 TH that attributes 25CGC to the token holders. These will be distributed every 20 minutes to the holders based on their total hashpower. These rewards will half after every 12-months cycle.</p> <p>The NFT mining program will be gradually opened to the global audience allowing players across other gaming platforms to participate and earn rewards. New batches of select tokens from other ecosystems will be continually added at fixed intervals to the ChainGuardians NFT Global Hashing Mini-Game. This will give an opportunity to the holders of popular and rare NFTs to earn CGC tokens through this initiative. For a start, these NFTs are up for initial consideration:</p> <ul><li>Selected Crypto Punks: 180 GH (Initial Catch Numbers)</li><li>Selected Crypto Kitties: 450 GH (Certain Fancy Cats)</li><li>Selected Etheremon: 4.75 TH (Badges #1~3)</li><li>Captain Devix Attazar: 13.5 TH</li></ul> <p>The hashrate and amount of rewards that these NFTs can earn is determined by how rare and valuable they are.</p> <p><strong>Looking forward</strong></p> <p>ChainGuardians is leading the charge for crypto-based games as they continue to change the gaming landscape across the globe. The platform has built some innovative solutions that help players earn revenues from multiple streams.</p> <p>Their in-game currency, CGC, will play a huge role by helping players to monetize their skills and time, a major shift from the existing platforms that actually charge them to participate.</p> <p>Their revolutionary NFT mining program is a bold initiative and a potential game changer for all players. It is an exciting innovation that will further boost their earning potential by allowing them to generate additional income from their in-game assets.</p> </html>
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Transaction InfoBlock #52289326/Trx 332b5c33d6b9e5b5a88cf47b027e98f33019e0ad
View Raw JSON Data
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      "permlink": "gamers-to-earn-in-a-player-driven-economy-powered-by-chainguardians",
      "title": "Gamers To Earn In A Player-Driven Economy Powered By ChainGuardians",
      "body": "<html>\n<p><img src=\"https://www.cryptonewslist.com/wp-content/uploads/2021/03/chainguardians-8-copy-696x457-1.jpg\"/></p>\n<p>\rCrypto gaming is on the rise as more players are embracing the novel ecosystems created through the power of blockchain technology. New gaming platforms are leveraging the security, accountability and versatility of decentralised systems to create robust gamer-centric economies.</p>\n<p>The integration of blockchain technology in gaming is helping these platforms easily transition from the traditional systems to the ecosystems of the future. One such platform that is leading this transformation of the gaming industry is ChainGuardians.</p>\n<p><strong>ChainGuardians in a nutshell</strong></p>\n<p>ChainGuardians is the world’s first ecosystem that brings together blockchain technology and superheroes. The platform integrates this novel invention into the traditional gaming concepts to create one of the most rewarding player-centric economies. The games on the platform are free-to-play that give users the opportunity to earn tangible rewards, subsequently converting their time and energy into a fruitful engagement.</p>\n<p>The ChainGuardians model is a stark contrast to the existing gaming ecosystems that still follow the traditional concepts. These platforms usually operate a pay-to-play model with gamers required to purchase the games or some in-game assets to unlock some features or access higher levels. Some of these platforms also have in-game currencies that players can earn through game play and can subsequently use them for in-game purchases.</p>\n<p>Unfortunately, such assets and currencies earned by the players, have no use outside those traditional platforms. Moreover, gamers face the risk of potentially losing their earnings and game progress if the developer corporation deactivates their accounts. For role-playing games, these are important to the gamers as they are a representation of their time and energy in the games.</p>\n<p>ChainGuardians has integrated blockchain technology in their ecosystem to remedy these issues and provide a more rewarding environment for all gamers. Gamers earn rewards in the form of CGC (ChainGuardians Coin, the platform’s governance token) from their gameplay. Unlike the traditional gaming currencies, the CGC tokens are valuable outside of the ChainGuardians ecosystem.</p>\n<p>The token holders can trade them for other cryptocurrencies or use them for online purchases. They can also stake the CGC tokens across multiple DeFi platforms to earn further rewards through liquidity mining and yield farming.</p>\n<p><strong>ChainGuardians NFT Mining Program</strong></p>\n<p>ChainGuardians has developed a novel in-game economy by infusing blockchain technology to make their ecosystem more rewarding. This has enabled them to build a player-driven economy where gamers can earn sustainable incomes from multiple sources within the ChainGuardians Cryptoverse.</p>\n<p>In this respect, all assets in their ecosystem are tokenized digitally in the form of NFTs (non-fungible tokens), giving them value and making them more useful than those on traditional platforms. Furthermore, ChainGuardians mints only a limited number of NFTs, effectively making them rare and highly valuables. Players can trade the NFTs in secondary markets to convert their earnings into tangible rewards.</p>\n<p>ChainGuardians is pioneering NFT mining whereby players can stake their assets to earn additional income. These miner rewards are issued in the form of CGC tokens. This essentially boosts their rewards by providing extra revenues streams.</p>\n<p>For a start, the mining program allows staking of ChainGuardians NFTs with the Captain being the first asset to be enlisted. A limited supply of the character was issued during the pre-sale rendering it highly valuable due to its scarcity. Due to its rarity, the Captain will have a Hashing Power of 13.5 TH that attributes 25CGC to the token holders. These will be distributed every 20 minutes to the holders based on their total hashpower. These rewards will half after every 12-months cycle.</p>\n<p>The NFT mining program will be gradually opened to the global audience allowing players across other gaming platforms to participate and earn rewards. New batches of select tokens from other ecosystems will be continually added at fixed intervals to the ChainGuardians NFT Global Hashing Mini-Game. This will give an opportunity to the holders of popular and rare NFTs to earn CGC tokens through this initiative. For a start, these NFTs are up for initial consideration:</p>\n<ul><li>Selected Crypto Punks: 180 GH (Initial Catch Numbers)</li><li>Selected Crypto Kitties: 450 GH (Certain Fancy Cats)</li><li>Selected Etheremon: 4.75 TH (Badges #1~3)</li><li>Captain Devix Attazar: 13.5 TH</li></ul>\n<p>The hashrate and amount of rewards that these NFTs can earn is determined by how rare and valuable they are.</p>\n<p><strong>Looking forward</strong></p>\n<p>ChainGuardians is leading the charge for crypto-based games as they continue to change the gaming landscape across the globe. The platform has built some innovative solutions that help players earn revenues from multiple streams.</p>\n<p>Their in-game currency, CGC, will play a huge role by helping players to monetize their skills and time, a major shift from the existing platforms that actually charge them to participate.</p>\n<p>Their revolutionary NFT mining program is a bold initiative and a potential game changer for all players. It is an exciting innovation that will further boost their earning potential by allowing them to generate additional income from their in-game assets.</p>\n</html>",
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2021/03/24 09:36:48
parent author
parent permlinkcryptocurrency
authorblockcommerce
permlinkkattana-all-in-one-defi-trading-terminal-is-the-future-of-finance
titleKattana All-In-One DeFi Trading Terminal Is The Future Of Finance
body<html> <p><img src="https://www.cryptonewslist.com/wp-content/uploads/2021/03/Article-All-in-One-DeFi-Trading-Terminal-.png"/></p> <p> Money market is a component of an economy that provides short-term funds. In the traditional financial system, money market instruments include treasury bills, bills of exchange, federal funds, and certificate of deposit. A money market is composed of highly liquid and short term assets. These markets provide liquidity for a financial system and are part of the greater system of financial markets.</p> <p>Money markets have evolved in the modern world from unregulated to regulated. With the current system being mostly conducted by banks and relying on groups of intermediaries who act as brokers. Most countries with a domestic money market are part of the International Monetary Fund, which represents a pool of the foreign exchange reserves of more than 100 member countries.</p> <p>Today, with the growth of the digital currency space, different money markets have been formed such as DeFi, which allows people to lend and borrow for short periods of time. The earliest DeFi apps to be created was MakerDAO, which was pioneered in 2015 and received $15 million investment allowing it to operate. These new money markets have decentralized systems that reduce the collateral for borrowers and allow lenders to have higher returns.</p> <h2><strong>CeFi and DeFi Trading</strong></h2> <p>Centralized Finance (CeFi) has been the standard for trading cryptocurrencies for a long period. In CeFi, all cryptocurrency trading is done through a central exchange which also runs and manages funds. Decentralized Finance (DeFi) involves the use of automated applications developed on top of blockchain platforms. These platforms create a fair and transparent financial system for anyone to be a part of.</p> <p>Currently, both DeFi and CeFi deliver services such as lending, borrowing, crypto trading, derivatives trading, stablecoins, margin trading, and payments. They however have distinct differences.</p> <p>For instance, DeFi platforms do not require AML or KYC information for users to access them. CeFi platforms are focused on adaptability instead of innovation, which is the case for DeFi, meaning that DeFi is technology-driven and keeps innovating rather than adapting to meet customer requirements. CeFi platforms have custody of a user’s funds and their private keys, which puts them at the risk of hacks and theft. These platforms also lack transparency, which is paramount in DeFi platforms, which are governed by smart contracts.</p> <p>DeFi is a new and evolving space hence CeFi platforms are still the go-to for many services. This is also because they list a huge number of cryptocurrencies, especially top cryptos, which are not on DeFi platforms. However, the evolving DeFi space has created many innovative platforms that seek to bridge the gap and allow users the benefits of decentralized, permissionless, and transparent systems.</p> <h2><strong>Why DeFi is the Future</strong></h2> <p>DeFi aims to solve most of the issues users experience due to CeFi shortcomings. Centralized platforms collect a lot of user data and their systems are susceptible to hackers. For instance, as of Jan. 2020, more than $11 billion in funds was siphoned from centralized exchanges by hackers. The immutable nature of crypto means that these funds cannot be recovered.</p> <p>DeFi is trying to solve such issues, by using smart contracts to allow users to interact with exchanges and other DeFi products. The DeFi platforms are noncustodial, hence funds are not held on them. Users can deposit and withdraw their funds at their leisure, using their wallets and private keys.</p> <p>DeFi projects albeit very new in the market have experienced a lot of success and incredible growth. The total locked in DeFi according to DeFi Pulse is more than $44 billion. This massive growth is a testament to market reception of the innovation behind DeFi. Apart from this, they are available any day of the week, with a single platform having the capacity to serve a global audience with little downtime and tremendous scale.</p> <h3><strong>How Kattana Helps Users Embrace DeFi</strong></h3> <p>Kattana is a suite of reliable, professional, intuitive, and fast trading tools for both native and novice traders. It is the only professional trading terminal with scalable charts from decentralized and centralized exchanges. The platform is built to serve traders and allow them to trade within the platform, without finding contract addresses and other DEXs where assets are traded.</p> <p>To adapt to the DeFi ecosystem, Kattana has created the best, simplest UI and UX as well as an aggregated cryptocurrency news site to provide users with exclusive and specific news about projects and assets they care about. With the rapidly growing DeFi market, this will filter out specific information tailored to each user, while keeping them in the loop about upcoming and promising assets in the space.</p> <p>The platform will also calculate the P&amp;L of all user transactions, generate a profitability chart, and structure all transactions as trade. This will analyze all ERC-20 addresses allowing users an easier trading time.</p> <p>Kattana is focused on creating a platform for DeFi and its users to interact with these DeFi assets. With the daily changes, the Kattana solution allows users to be informed and in a position to be part of the ecosystem. Kattana can ensure its platform is highly secure and available at all times for users to trade and interact, without the worry of losing their assets.</p> <p>The platform is now open to early adopters to test out their full suite of trading tools in the DeFi space. With this offer only available for a limited duration, time is of the essence. If interested in this amazing opportunity, you can sign up to join the whitelist on the Kattana website.</p> <p><strong><em>See you on the future side of DeFi trading!</em></strong></p> </html>
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Transaction InfoBlock #52277403/Trx b8271a92341c7e0d919c83f169e249ad0143e597
View Raw JSON Data
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      "parent_permlink": "cryptocurrency",
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      "permlink": "kattana-all-in-one-defi-trading-terminal-is-the-future-of-finance",
      "title": "Kattana All-In-One DeFi Trading Terminal Is The Future Of Finance",
      "body": "<html>\n<p><img src=\"https://www.cryptonewslist.com/wp-content/uploads/2021/03/Article-All-in-One-DeFi-Trading-Terminal-.png\"/></p>\n<p>\rMoney market is a component of an economy that provides short-term funds. In the traditional financial system, money market instruments include treasury bills, bills of exchange, federal funds, and certificate of deposit. A money market is composed of highly liquid and short term assets. These markets provide liquidity for a financial system and are part of the greater system of financial markets.</p>\n<p>Money markets have evolved in the modern world from unregulated to regulated. With the current system being mostly conducted by banks and relying on groups of intermediaries who act as brokers. Most countries with a domestic money market are part of the International Monetary Fund, which represents a pool of the foreign exchange reserves of more than 100 member countries.</p>\n<p>Today, with the growth of the digital currency space, different money markets have been formed such as DeFi, which allows people to lend and borrow for short periods of time. The earliest DeFi apps to be created was MakerDAO, which was pioneered in 2015 and received $15 million investment allowing it to operate. These new money markets have decentralized systems that reduce the collateral for borrowers and allow lenders to have higher returns.</p>\n<h2><strong>CeFi and DeFi Trading</strong></h2>\n<p>Centralized Finance (CeFi) has been the standard for trading cryptocurrencies for a long period. In CeFi, all cryptocurrency trading is done through a central exchange which also runs and manages funds. Decentralized Finance (DeFi) involves the use of automated applications developed on top of blockchain platforms. These platforms create a fair and transparent financial system for anyone to be a part of.</p>\n<p>Currently, both DeFi and CeFi deliver services such as lending, borrowing, crypto trading, derivatives trading, stablecoins, margin trading, and payments. They however have distinct differences.</p>\n<p>For instance, DeFi platforms do not require AML or KYC information for users to access them. CeFi platforms are focused on adaptability instead of innovation, which is the case for DeFi, meaning that DeFi is technology-driven and keeps innovating rather than adapting to meet customer requirements. CeFi platforms have custody of a user’s funds and their private keys, which puts them at the risk of hacks and theft. These platforms also lack transparency, which is paramount in DeFi platforms, which are governed by smart contracts.</p>\n<p>DeFi is a new and evolving space hence CeFi platforms are still the go-to for many services. This is also because they list a huge number of cryptocurrencies, especially top cryptos, which are not on DeFi platforms. However, the evolving DeFi space has created many innovative platforms that seek to bridge the gap and allow users the benefits of decentralized, permissionless, and transparent systems.</p>\n<h2><strong>Why DeFi is the Future</strong></h2>\n<p>DeFi aims to solve most of the issues users experience due to CeFi shortcomings. Centralized platforms collect a lot of user data and their systems are susceptible to hackers. For instance, as of Jan. 2020, more than $11 billion in funds was siphoned from centralized exchanges by hackers. The immutable nature of crypto means that these funds cannot be recovered.</p>\n<p>DeFi is trying to solve such issues, by using smart contracts to allow users to interact with exchanges and other DeFi products. The DeFi platforms are noncustodial, hence funds are not held on them. Users can deposit and withdraw their funds at their leisure, using their wallets and private keys.</p>\n<p>DeFi projects albeit very new in the market have experienced a lot of success and incredible growth. The total locked in DeFi according to DeFi Pulse is more than $44 billion. This massive growth is a testament to market reception of the innovation behind DeFi. Apart from this, they are available any day of the week, with a single platform having the capacity to serve a global audience with little downtime and tremendous scale.</p>\n<h3><strong>How Kattana Helps Users Embrace DeFi</strong></h3>\n<p>Kattana is a suite of reliable, professional, intuitive, and fast trading tools for both native and novice traders. It is the only professional trading terminal with scalable charts from decentralized and centralized exchanges. The platform is built to serve traders and allow them to trade within the platform, without finding contract addresses and other DEXs where assets are traded.</p>\n<p>To adapt to the DeFi ecosystem, Kattana has created the best, simplest UI and UX as well as an aggregated cryptocurrency news site to provide users with exclusive and specific news about projects and assets they care about. With the rapidly growing DeFi market, this will filter out specific information tailored to each user, while keeping them in the loop about upcoming and promising assets in the space.</p>\n<p>The platform will also calculate the P&amp;L of all user transactions, generate a profitability chart, and structure all transactions as trade. This will analyze all ERC-20 addresses allowing users an easier trading time.</p>\n<p>Kattana is focused on creating a platform for DeFi and its users to interact with these DeFi assets. With the daily changes, the Kattana solution allows users to be informed and in a position to be part of the ecosystem. Kattana can ensure its platform is highly secure and available at all times for users to trade and interact, without the worry of losing their assets.</p>\n<p>The platform is now open to early adopters to test out their full suite of trading tools in the DeFi space. With this offer only available for a limited duration, time is of the essence. If interested in this amazing opportunity, you can sign up to join the whitelist on the Kattana website.</p>\n<p><strong><em>See you on the future side of DeFi trading!</em></strong></p>\n</html>",
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2021/03/23 13:09:06
parent author
parent permlinkcryptocurrency
authorblockcommerce
permlinknft-collectible-polkamon-sets-new-standard-with-layer-2-utilization
titleNFT Collectible Polkamon Sets New Standard With Layer 2 Utilization
body<html> <p><img src="https://www.cryptonewslist.com/wp-content/uploads/2021/03/Polkamon.png"/> <br/> <br/>The Polkamon team hopes to kickstart the NFT collectible space, and it will be interesting to see how the adventure unfolds.</p> <p>Wondering what Polkamon is? Polkamons are the most beautiful, animated, digital collectibles, each having a different level of scarcity. Each Polkamon is backed by a unique non-fungible token and can also be unpacked using $PMON tokens.</p> <p>Polkamon introduces 3D NFTs to the digital collectible space, allowing users to collect ultra-rare Digital Monsters. These rare collectible monsters can be integrated into various blockchain-based products.</p> <p>Each Polkamon has a unique, rich set of metadata that describes the unique characteristics of each Polkamon. Polkamon are backed by non-fungible tokens and can also be integrated into Layer-2 applications. This allows individuals who own Polkamon to incorporate them into collections or blockchain-based games.</p> <h2>What Are the Unique Features of Polkamon?</h2> <ul><li>Staking: You can stake the $PMON token and Polkamon, receiving additional 4PMON rewards each time there is a $PMON and Polkamon swap.</li><li>Cross-Chain: Polkamon are cross-chain and are available on multiple blockchains like Polkadot and Ethereum. The team also plans to connect other blockchains to Polkamon in the near future.</li><li>Ultra-Rare NFTs: You can unpack $PMON tokens, which will reveal ultra-rare Polkamon. You can also swap NFTs for $PMON tokens.</li><li>Hyper-Deflationary: Each time there is a swap and a reverse swap, a set number of $PMON tokens are burnt. This ensures continued scarcity of the NFTs.</li><li>$PMON is a high-liquidity token: The $PMON token adds significant liquidity, providing a two-way mechanism where you can swap between the NFT and $PMON.</li></ul> <h2>What Are the Unique Characteristics of Each Polkamon?</h2> <p>Each Polkamon that exists has different characteristics and different shapes. Some of the unique characteristics of Polkamon are:</p> <ul><li>Colors: Polkaman come in different colors. Each color represents a different shade in the rainbow.</li><li>Glitter: A glittering Polkamon is an extremely rare Polkamon. If you do discover one, consider yourself lucky.</li><li>Horn: Each Polkamon possesses a horn that varies in rarity and in shape. Why does Polkamon possess the horn? That reason still has to be discovered.</li><li>Ultra-Rare: Some Polkamon, like the Bitcoin Dragon, are extremely rare. These Polkamon are known as Ultra-Rare Polkamon.</li></ul> <h2>Polkamon: How It Works and $PMON Token</h2> <p>As mentioned earlier, Polkamons are tokens that have different levels of rarity. Polkamon resembles creatures like dragons, horses, or birds. To get access to Polkamon, users need the $PMON token.</p> <p>Each unpacking will burn a certain number of tokens, resulting in a constant increase in the value of the Polkamon. You can get additional rewards if you swap your $PMON tokens with Polkamon and vice versa.</p> <p>There will be a total supply of 10 million tokens. The initial offer will comprise 1.8 million tokens, and each $PMON token will be priced at around $0.40. With such a competitive price, it is expected that the tokens will be sold in no time. The public sale price has been set at $0.35.</p> <p>Since the project is cross-chain, it will be available on multiple blockchains. Initially, Polkamon will be available on the Polkadot and Ethereum blockchain, but the team does plan to connect other blockchains to the project.</p> <p>The Polkamon ecosystem consists of three main layers. The base layer is the NFT based decentralized ownership system. This layer is supported by an ERC-20 token which improves liquidity and makes trade more accessible. The second layer is based on the base layer, and it enriches NFTs through rich visuals and detailed metadata. The third layer is the application layer. Proven ownership and visuals and metadata on this layer confirm ownership of the tokens.</p> <h2>Polkamon Tokenomics</h2> <p>There will be a total supply of 10 million $PMON tokens. The initial circulating supply of the token is 1.8 million. Let us take a look at how the team at Polkamon will be utilizing the funds.</p> <ul><li>Total token supply: 10 million</li><li>Initial circulating supply: 1.8 million.</li><li>Public sale price: $0.35</li><li>Listing Price: $0.40</li><li>20% of the tokens will be made available for the strategic sale at a price of $0.20</li><li>10% of the tokens allocated towards the foundational reserve will be locked for a period of one year, after that daily vesting over 365 days.</li><li>20% of the tokens will be allocated for marketing and business development—20% before listing, after which daily vesting over 365 days.</li><li>20% liquidity tokens: 20% before listing, after which daily vesting over 365 days.</li><li>10% of the tokens allocated towards the team will be locked for a year, after which daily vesting over 365 days.</li></ul> <p>The team at Polkamon hopes to kickstart the NFT collectible space, and it will be interesting to see how the adventure unfolds.</p> <p>Polkamon has announced their upcoming IDO that will be conducted on Polkastarter soon. In this regard, they have begun whitelistinginterested investors to book a spot in the IDO.</p> </html>
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View Raw JSON Data
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      "parent_permlink": "cryptocurrency",
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      "permlink": "nft-collectible-polkamon-sets-new-standard-with-layer-2-utilization",
      "title": "NFT Collectible Polkamon Sets New Standard With Layer 2 Utilization",
      "body": "<html>\n<p><img src=\"https://www.cryptonewslist.com/wp-content/uploads/2021/03/Polkamon.png\"/>\r<br/>\r<br/>The Polkamon team hopes to kickstart the NFT collectible space, and it will be interesting to see how the adventure unfolds.</p>\n<p>Wondering what Polkamon is? Polkamons are the most beautiful, animated, digital collectibles, each having a different level of scarcity. Each Polkamon is backed by a unique non-fungible token and can also be unpacked using $PMON tokens.</p>\n<p>Polkamon introduces 3D NFTs to the digital collectible space, allowing users to collect ultra-rare Digital Monsters. These rare collectible monsters can be integrated into various blockchain-based products.</p>\n<p>Each Polkamon has a unique, rich set of metadata that describes the unique characteristics of each Polkamon. Polkamon are backed by non-fungible tokens and can also be integrated into Layer-2 applications. This allows individuals who own Polkamon to incorporate them into collections or blockchain-based games.</p>\n<h2>What Are the Unique Features of Polkamon?</h2>\n<ul><li>Staking: You can stake the $PMON token and Polkamon, receiving additional 4PMON rewards each time there is a $PMON and Polkamon swap.</li><li>Cross-Chain: Polkamon are cross-chain and are available on multiple blockchains like Polkadot and Ethereum. The team also plans to connect other blockchains to Polkamon in the near future.</li><li>Ultra-Rare NFTs: You can unpack $PMON tokens, which will reveal ultra-rare Polkamon. You can also swap NFTs for $PMON tokens.</li><li>Hyper-Deflationary: Each time there is a swap and a reverse swap, a set number of $PMON tokens are burnt. This ensures continued scarcity of the NFTs.</li><li>$PMON is a high-liquidity token: The $PMON token adds significant liquidity, providing a two-way mechanism where you can swap between the NFT and $PMON.</li></ul>\n<h2>What Are the Unique Characteristics of Each Polkamon?</h2>\n<p>Each Polkamon that exists has different characteristics and different shapes. Some of the unique characteristics of Polkamon are:</p>\n<ul><li>Colors: Polkaman come in different colors. Each color represents a different shade in the rainbow.</li><li>Glitter: A glittering Polkamon is an extremely rare Polkamon. If you do discover one, consider yourself lucky.</li><li>Horn: Each Polkamon possesses a horn that varies in rarity and in shape. Why does Polkamon possess the horn? That reason still has to be discovered.</li><li>Ultra-Rare: Some Polkamon, like the Bitcoin Dragon, are extremely rare. These Polkamon are known as Ultra-Rare Polkamon.</li></ul>\n<h2>Polkamon: How It Works and $PMON Token</h2>\n<p>As mentioned earlier, Polkamons are tokens that have different levels of rarity. Polkamon resembles creatures like dragons, horses, or birds. To get access to Polkamon, users need the $PMON token.</p>\n<p>Each unpacking will burn a certain number of tokens, resulting in a constant increase in the value of the Polkamon. You can get additional rewards if you swap your $PMON tokens with Polkamon and vice versa.</p>\n<p>There will be a total supply of 10 million tokens. The initial offer will comprise 1.8 million tokens, and each $PMON token will be priced at around $0.40. With such a competitive price, it is expected that the tokens will be sold in no time. The public sale price has been set at $0.35.</p>\n<p>Since the project is cross-chain, it will be available on multiple blockchains. Initially, Polkamon will be available on the Polkadot and Ethereum blockchain, but the team does plan to connect other blockchains to the project.</p>\n<p>The Polkamon ecosystem consists of three main layers. The base layer is the NFT based decentralized ownership system. This layer is supported by an ERC-20 token which improves liquidity and makes trade more accessible. The second layer is based on the base layer, and it enriches NFTs through rich visuals and detailed metadata. The third layer is the application layer. Proven ownership and visuals and metadata on this layer confirm ownership of the tokens.</p>\n<h2>Polkamon Tokenomics</h2>\n<p>There will be a total supply of 10 million $PMON tokens. The initial circulating supply of the token is 1.8 million. Let us take a look at how the team at Polkamon will be utilizing the funds.</p>\n<ul><li>Total token supply: 10 million</li><li>Initial circulating supply: 1.8 million.</li><li>Public sale price: $0.35</li><li>Listing Price: $0.40</li><li>20% of the tokens will be made available for the strategic sale at a price of $0.20</li><li>10% of the tokens allocated towards the foundational reserve will be locked for a period of one year, after that daily vesting over 365 days.</li><li>20% of the tokens will be allocated for marketing and business development—20% before listing, after which daily vesting over 365 days.</li><li>20% liquidity tokens: 20% before listing, after which daily vesting over 365 days.</li><li>10% of the tokens allocated towards the team will be locked for a year, after which daily vesting over 365 days.</li></ul>\n<p>The team at Polkamon hopes to kickstart the NFT collectible space, and it will be interesting to see how the adventure unfolds.</p>\n<p>Polkamon has announced their upcoming IDO that will be conducted on Polkastarter soon. In this regard, they have begun whitelistinginterested investors to book a spot in the IDO.</p>\n</html>",
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2021/03/17 13:42:09
parent author
parent permlinkcryptocurrency
authorblockcommerce
permlinkthe-rise-of-decentralized-prediction-markets
titleThe Rise Of Decentralized Prediction Markets
body<html> <p><img src="https://www.cryptonewslist.com/wp-content/uploads/2021/03/man-businessman-holding-hands-blue-glowing-plasma-sphere-magic-prediction-foresight-business-finance-300x200.jpg"/></p> <p> Blockchain know-how is remodeling a number of industries as new use circumstances for decentralised networks, services and products proceed to emerge. The prediction markets is one such sector that’s quickly adopting blockchain know-how as new decentralised platforms are rising to rival the prevailing centralised ones. By nature, the prediction markets depend upon crowdsourcing info from most of the people to kind beliefs and forecasts concerning the incidence of future occasions. As such, the prediction markets are an ideal match for the applying of blockchain know-how, which itself depends upon crowdsourcing.</p> <p><strong>How the prediction markets work</strong></p> <p>Prediction markets refers to exchange-traded markets which are dependent upon the result of specified occasions. They’re sometimes called betting, info, concepts, or occasion derivatives markets as they supply events with the chance to make predictions about huge ranging occasions and matters of curiosity. These will be as easy as predicting the following US president in an upcoming election to one thing as daring as forecasting subsequent Tuesday’s climate.</p> <p>The primary intention of prediction markets is to elicit and mixture beliefs concerning the consequence of a future occasion. The merchants then guess on the beliefs that they suppose would be the consequence. The totally different beliefs have various payoffs which are decided by the proportion of merchants that guess on every consequence. The prediction market is subsequently made up of those merchants on opposing sides.</p> <p>The prediction markets have grow to be helpful lately as they’ve been discovered to supply extra correct verifiable outcomes of assorted occasions within the public area. One examine discovered that the prediction markets have been higher positioned to foretell political outcomes extra precisely than skilled pollsters. One other examine discovered that buying and selling on orange juice futures may predict the climate extra precisely as in comparison with the skilled climate establishments.</p> <p><strong>Limitations of centralised prediction markets</strong></p> <p>For a very long time, the prediction markets have been run centrally by establishments with better diploma of management over the trades. A centralised prediction market determines the occasions, members, and guidelines of engagement. This brings concerning the following three points:</p> <p><strong>Closed</strong></p> <p>Much like mainstream monetary markets, the prediction commerce is restricted by the stringent laws, capital controls, and nationwide borders. Consequently, the market operators and regulatory companies have grow to be gatekeepers utilizing their energy to find out who’s allowed to take part and the occasions that they’ll guess on. This limits the variety of outcomes that the merchants can speculate on while eliminating the power to create their very own markets.</p> <p><strong>Censorship</strong></p> <p>The centralised markets are constrained in such a way that solely low betting caps are allowed in an try and decrease dangers for the gamers. This bars extremely assured members from putting hueg bets to again their beliefs as it might sway the markets. Moreover, there may be the lingering danger that the prediction markets could possibly be simply shut down by regulatory companies which discourages participation.</p> <p><strong>Costly</strong></p> <p>Collaborating in centralised prediction markets is a really pricey affair because the gatekeepers cost excessive charges. Individuals should pay buying and selling charges, deposit and withdrawal charges whereas the market market takes a proportion of their income. It is a deterrent for prepared members because the excessive charges eat into their potential returns.</p> <p><strong>The blockchain connection</strong></p> <p>Adoption of blockchain know-how within the prediction markets not solely eliminates these points but in addition confers a number of different advantages that encourage participation and create an surroundings for strong actions.</p> <p><strong>Open</strong></p> <p>Decentralised prediction markets are open for anybody, anyplace to affix and take part as they need. Blockchain-based markets are public, peer-to-peer, permissionless networks that each one members can enter and guess on their forecasts. This openness and censorship resistant nature additionally permits anybody to create their very own markets based mostly on the occasions of their liking.</p> <p><strong>Cheaper</strong></p> <p>Blockchain-based prediction markets don’t impose many prices on the members. The one prices are the community charges which are required to maintain the protocol safe. Normally, these are negligible thus gamers get to maintain a considerable proportion of their winnings.</p> <p><strong>Decrease danger</strong></p> <p>The community results of decentralised prediction markets serve to decrease the chance for the members by holding unhealthy actors out. The platforms function in a trustless surroundings the place the gamers safe the community thus eliminating the counterparty danger concerned with middlemen. They’re additionally extra immune to censorship and corruption as they can’t be arbitrarily shut down by regulators as they transcend geographical restrictions.  </p> <p><strong>The Rise of Decentralized Prediction Markets</strong></p> <p>The decentralised prediction markets have emerged over the previous few years, offering members with extra environment friendly, low-cost, and safe platforms for buying and selling. Augur, Gnosis, and Polkamarkets are a number of the main platforms out there at present.</p> <p><strong>Augur</strong></p> <p><a href="https://augur.net/">Augur </a>is an Ethereum-based protocol that allows customers to create their very own prediction markets. The platform leverages sensible contracts know-how to construct extra refined markets with cheaper and sooner orders. Customers even have better entry to liquidity on Augur because it aggregates patrons, sellers, and market makers below one roof thus enormously enhancing settlements in a strong market place.</p> <p><strong>Gnosis</strong></p> <p><a href="https://gnosis.io/">Gnosis </a>can also be an Ethereum-based, open-source protocol for the DeFi predictions market. The platform permits customers to instantly commerce cryptocurrencies, as a guess of their predicted consequence of an occasion in an open market. Its decentralised infrastructure additionally permits members to create a prediction market or interact within the present ones. customers are free to work together in an open market by the ability of sensible contracts and obtain consequence tokens by a safe settlement layer.</p> <p><strong>Polkamarkets</strong></p> <p><a href="https://www.polkamarkets.com/">Polkamarkets</a>, a brand new entrant to the prediction market, is constructed on the Polkadot community that permits customers to take positions for huge ranging occasions in Esports, Crypto Futures, Sports activities, and Politics amongst others. The platform additionally has a monetary &amp; info market the place members can Tokenize your information and earn from forecasting. </p> <p>Polkamarkets employs a brand new method to the market by offering a number of avenues for monetising their predictions. Customers can monetise their forecasts of future outcomes and occasions inside an interoperable and decentralized infrastructure, the place your beliefs grow to be property with monetary worth traded overtly in the marketplace. Individuals also can take part by offering liquidity to the market and earn yield for his or her tokens.</p> </html>
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Transaction InfoBlock #52084575/Trx 9788c65fcc9e6aa33699ee8a4063865b3e4f8782
View Raw JSON Data
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  "trx_id": "9788c65fcc9e6aa33699ee8a4063865b3e4f8782",
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  "timestamp": "2021-03-17T13:42:09",
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      "parent_author": "",
      "parent_permlink": "cryptocurrency",
      "author": "blockcommerce",
      "permlink": "the-rise-of-decentralized-prediction-markets",
      "title": "The Rise Of Decentralized Prediction Markets",
      "body": "<html>\n<p><img src=\"https://www.cryptonewslist.com/wp-content/uploads/2021/03/man-businessman-holding-hands-blue-glowing-plasma-sphere-magic-prediction-foresight-business-finance-300x200.jpg\"/></p>\n<p>\rBlockchain know-how is remodeling a number of industries as new use circumstances for decentralised networks, services and products proceed to emerge. The prediction markets is one such sector that’s quickly adopting blockchain know-how as new decentralised platforms are rising to rival the prevailing centralised ones. By nature, the prediction markets depend upon crowdsourcing info from most of the people to kind beliefs and forecasts concerning the incidence of future occasions. As such, the prediction markets are an ideal match for the applying of blockchain know-how, which itself depends upon crowdsourcing.</p>\n<p><strong>How the prediction markets work</strong></p>\n<p>Prediction markets refers to exchange-traded markets which are dependent upon the result of specified occasions. They’re sometimes called betting, info, concepts, or occasion derivatives markets as they supply events with the chance to make predictions about huge ranging occasions and matters of curiosity. These will be as easy as predicting the following US president in an upcoming election to one thing as daring as forecasting subsequent Tuesday’s climate.</p>\n<p>The primary intention of prediction markets is to elicit and mixture beliefs concerning the consequence of a future occasion. The merchants then guess on the beliefs that they suppose would be the consequence. The totally different beliefs have various payoffs which are decided by the proportion of merchants that guess on every consequence. The prediction market is subsequently made up of those merchants on opposing sides.</p>\n<p>The prediction markets have grow to be helpful lately as they’ve been discovered to supply extra correct verifiable outcomes of assorted occasions within the public area. One examine discovered that the prediction markets have been higher positioned to foretell political outcomes extra precisely than skilled pollsters. One other examine discovered that buying and selling on orange juice futures may predict the climate extra precisely as in comparison with the skilled climate establishments.</p>\n<p><strong>Limitations of centralised prediction markets</strong></p>\n<p>For a very long time, the prediction markets have been run centrally by establishments with better diploma of management over the trades. A centralised prediction market determines the occasions, members, and guidelines of engagement. This brings concerning the following three points:</p>\n<p><strong>Closed</strong></p>\n<p>Much like mainstream monetary markets, the prediction commerce is restricted by the stringent laws, capital controls, and nationwide borders. Consequently, the market operators and regulatory companies have grow to be gatekeepers utilizing their energy to find out who’s allowed to take part and the occasions that they’ll guess on. This limits the variety of outcomes that the merchants can speculate on while eliminating the power to create their very own markets.</p>\n<p><strong>Censorship</strong></p>\n<p>The centralised markets are constrained in such a way that solely low betting caps are allowed in an try and decrease dangers for the gamers. This bars extremely assured members from putting hueg bets to again their beliefs as it might sway the markets. Moreover, there may be the lingering danger that the prediction markets could possibly be simply shut down by regulatory companies which discourages participation.</p>\n<p><strong>Costly</strong></p>\n<p>Collaborating in centralised prediction markets is a really pricey affair because the gatekeepers cost excessive charges. Individuals should pay buying and selling charges, deposit and withdrawal charges whereas the market market takes a proportion of their income. It is a deterrent for prepared members because the excessive charges eat into their potential returns.</p>\n<p><strong>The blockchain connection</strong></p>\n<p>Adoption of blockchain know-how within the prediction markets not solely eliminates these points but in addition confers a number of different advantages that encourage participation and create an surroundings for strong actions.</p>\n<p><strong>Open</strong></p>\n<p>Decentralised prediction markets are open for anybody, anyplace to affix and take part as they need. Blockchain-based markets are public, peer-to-peer, permissionless networks that each one members can enter and guess on their forecasts. This openness and censorship resistant nature additionally permits anybody to create their very own markets based mostly on the occasions of their liking.</p>\n<p><strong>Cheaper</strong></p>\n<p>Blockchain-based prediction markets don’t impose many prices on the members. The one prices are the community charges which are required to maintain the protocol safe. Normally, these are negligible thus gamers get to maintain a considerable proportion of their winnings.</p>\n<p><strong>Decrease danger</strong></p>\n<p>The community results of decentralised prediction markets serve to decrease the chance for the members by holding unhealthy actors out. The platforms function in a trustless surroundings the place the gamers safe the community thus eliminating the counterparty danger concerned with middlemen. They’re additionally extra immune to censorship and corruption as they can’t be arbitrarily shut down by regulators as they transcend geographical restrictions.  </p>\n<p><strong>The Rise of Decentralized Prediction Markets</strong></p>\n<p>The decentralised prediction markets have emerged over the previous few years, offering members with extra environment friendly, low-cost, and safe platforms for buying and selling. Augur, Gnosis, and Polkamarkets are a number of the main platforms out there at present.</p>\n<p><strong>Augur</strong></p>\n<p><a href=\"https://augur.net/\">Augur </a>is an Ethereum-based protocol that allows customers to create their very own prediction markets. The platform leverages sensible contracts know-how to construct extra refined markets with cheaper and sooner orders. Customers even have better entry to liquidity on Augur because it aggregates patrons, sellers, and market makers below one roof thus enormously enhancing settlements in a strong market place.</p>\n<p><strong>Gnosis</strong></p>\n<p><a href=\"https://gnosis.io/\">Gnosis </a>can also be an Ethereum-based, open-source protocol for the DeFi predictions market. The platform permits customers to instantly commerce cryptocurrencies, as a guess of their predicted consequence of an occasion in an open market. Its decentralised infrastructure additionally permits members to create a prediction market or interact within the present ones. customers are free to work together in an open market by the ability of sensible contracts and obtain consequence tokens by a safe settlement layer.</p>\n<p><strong>Polkamarkets</strong></p>\n<p><a href=\"https://www.polkamarkets.com/\">Polkamarkets</a>, a brand new entrant to the prediction market, is constructed on the Polkadot community that permits customers to take positions for huge ranging occasions in Esports, Crypto Futures, Sports activities, and Politics amongst others. The platform additionally has a monetary &amp; info market the place members can Tokenize your information and earn from forecasting. </p>\n<p>Polkamarkets employs a brand new method to the market by offering a number of avenues for monetising their predictions. Customers can monetise their forecasts of future outcomes and occasions inside an interoperable and decentralized infrastructure, the place your beliefs grow to be property with monetary worth traded overtly in the marketplace. Individuals also can take part by offering liquidity to the market and earn yield for his or her tokens.</p>\n</html>",
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2021/03/09 14:46:15
parent author
parent permlinkcryptocurrency
authorblockcommerce
permlinkchainguardians-traditional-gaming-combined-with-blockchain-technology
titleChainGuardians: Traditional Gaming Combined With Blockchain Technology
body<html> <h2><img src="https://www.cryptonewslist.com/wp-content/uploads/2021/03/The-Latest-Craze-Behind-NFTs-Reviewing-ChainGuardians-Blockchain-Superheroes-1024x576.png"/> <br/> ChainGuardians: A Small Introduction </h2> <p>ChainGuardians is a blockchain-based collectible game. The game sees anime make its way into the crypto space; ChainGuardians has all its in-game assets based on the Ethereum platform. The assets are represented as ERC-721 tokens. </p> <p>The team at ChainGuardians has experience in mobile gaming and browser-based gaming. The team also has significant knowledge of the NFT gaming space. ChainGuardians hopes to bring an unrivaled gaming experience and ecosystem to the NFT community through chain analysis technology and advanced game economics. The team hopes to combine traditional gaming with blockchain technology and create an enjoyable blockchain gaming experience. </p> <p>Users can play the game through web browsers, but the team also aims to build a gaming platform that can function on existing virtual worlds or function as a completely separate entity. The in-game assets are known as crypto-collectibles and include weapons, armor, guardian,, and supporting characters. Unique ERC-721 Non-Fungible tokens represent the assets on the Ethereum blockchain; the assets are unique and cannot be duplicated or counterfeited. </p> <h2>What Are ChainGuardians Governance Tokens (CGG)?</h2> <p>The ChainGuardians platform has the ChainGuardians Governance Token (CGG). These tokens are ERC-20 tokens that power the ChainGuardians ecosystem. CGG tokens can be used in the following ways </p> <ul><li><strong>Staking:</strong> Players can stake CGG tokens and earn rewards such as NFTs. </li></ul> <ul><li><strong>Governance:</strong> GCC can also be used as a governance token, allowing users to submit proposals and voting on any changes in the ChainGuardians ecosystem. </li></ul> <ul><li><strong>Payment system:</strong> CGG tokens can be used by players as a payment mode, allowing them to earn revenue through the buy-back of tokens. </li></ul> <p>The CGG token’s primary purpose is to reward players who participate in the ChainGuardians ecosystem. The token lets users dictate and direct the ecosystem’s balance and allows users to redeem rewards by using the token. </p> <p>The team at ChainGuardians does intend to have a public sale for the CGG tokens (to be launched on Polkastarter), with the public price targeted at $0.12. The total supply is estimated to be around 120,000,000 tokens. The date of the public sale, however, is yet to be announced. </p> <h2>What Are The Benefits Of The ChainGuardians Governance Tokens (CGG)?</h2> <p>The CGG token has several benefits. The team at ChainGuardians believes that community-led growth is the way forward, and the CGG token will help realize that vision. Users can play and earn CGG in two ways. The first method is through staking NFT that is added to the NFT mining game. When the user wins block rewards, he is credited with ChainGuardian Credits (CGC). Users can convert CGC to ChainGuardian tokens (CGG). The second method of earning CGG is by playing the ChainGuardians RPG. </p> <p>Users can use the CGC tokens for in-game assets, NFT minting fees, and physical merchandise. Alternatively, they can convert the CGC token to CGG tokens. CGG tokens let users propose and vote on changes in the ChainGuardians ecosystem and any future changes in the ChainGuardian game economics. Users can also stake CGG and earn NFTs.    </p> <h2>Token Schedule And Token Allocation </h2> <p>A total of 120,000,000 tokens are planned to be released into circulation by 2026. The tokens will be allocated in the following manner. </p> <ul><li>45% of the tokens will be allocated to community members. </li></ul> <ul><li>23% of the tokens to be allocated to the team members and advisors. </li></ul> <ul><li>19% of the tokens to be allocated to early supporters of ChainGuardians. </li></ul> <ul><li>11% of the tokens to be allocated to the ChainGuardians ecosystem. </li></ul> <ul><li>2% tokens to be allocated for the public sale. The date of the public sale has not been announced as of now. </li></ul> <p>ChainGuardians has a very clear roadmap for 2021, right from Q1 to Q4. With an experienced team behind the project, ChainGuardians aims to create a worthwhile blockchain gaming experience for users. </p> <h2>In Conclusion </h2> <p>ChainGuardians is an exciting use case of blockchain technology. The project has created a gamified experience for users by integrating blockchain concepts. It looks like ChainGuardians has a promising future as it looks to continuously develop its in-game experience to get more crypto-enthusiasts on board. The platform is also looking at launching a 3D game world by the end of the year. With the roadmap for 2021 clearly defined, ChainGuardian looks set to take the crypto space by storm.</p> </html>
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      "title": "ChainGuardians: Traditional Gaming Combined With Blockchain Technology",
      "body": "<html>\n<h2><img src=\"https://www.cryptonewslist.com/wp-content/uploads/2021/03/The-Latest-Craze-Behind-NFTs-Reviewing-ChainGuardians-Blockchain-Superheroes-1024x576.png\"/>\r<br/>\rChainGuardians: A Small Introduction </h2>\n<p>ChainGuardians is a blockchain-based collectible game. The game sees anime make its way into the crypto space; ChainGuardians has all its in-game assets based on the Ethereum platform. The assets are represented as ERC-721 tokens. </p>\n<p>The team at ChainGuardians has experience in mobile gaming and browser-based gaming. The team also has significant knowledge of the NFT gaming space. ChainGuardians hopes to bring an unrivaled gaming experience and ecosystem to the NFT community through chain analysis technology and advanced game economics. The team hopes to combine traditional gaming with blockchain technology and create an enjoyable blockchain gaming experience. </p>\n<p>Users can play the game through web browsers, but the team also aims to build a gaming platform that can function on existing virtual worlds or function as a completely separate entity. The in-game assets are known as crypto-collectibles and include weapons, armor, guardian,, and supporting characters. Unique ERC-721 Non-Fungible tokens represent the assets on the Ethereum blockchain; the assets are unique and cannot be duplicated or counterfeited. </p>\n<h2>What Are ChainGuardians Governance Tokens (CGG)?</h2>\n<p>The ChainGuardians platform has the ChainGuardians Governance Token (CGG). These tokens are ERC-20 tokens that power the ChainGuardians ecosystem. CGG tokens can be used in the following ways </p>\n<ul><li><strong>Staking:</strong> Players can stake CGG tokens and earn rewards such as NFTs. </li></ul>\n<ul><li><strong>Governance:</strong> GCC can also be used as a governance token, allowing users to submit proposals and voting on any changes in the ChainGuardians ecosystem. </li></ul>\n<ul><li><strong>Payment system:</strong> CGG tokens can be used by players as a payment mode, allowing them to earn revenue through the buy-back of tokens. </li></ul>\n<p>The CGG token’s primary purpose is to reward players who participate in the ChainGuardians ecosystem. The token lets users dictate and direct the ecosystem’s balance and allows users to redeem rewards by using the token. </p>\n<p>The team at ChainGuardians does intend to have a public sale for the CGG tokens (to be launched on Polkastarter), with the public price targeted at $0.12. The total supply is estimated to be around 120,000,000 tokens. The date of the public sale, however, is yet to be announced. </p>\n<h2>What Are The Benefits Of The ChainGuardians Governance Tokens (CGG)?</h2>\n<p>The CGG token has several benefits. The team at ChainGuardians believes that community-led growth is the way forward, and the CGG token will help realize that vision. Users can play and earn CGG in two ways. The first method is through staking NFT that is added to the NFT mining game. When the user wins block rewards, he is credited with ChainGuardian Credits (CGC). Users can convert CGC to ChainGuardian tokens (CGG). The second method of earning CGG is by playing the ChainGuardians RPG. </p>\n<p>Users can use the CGC tokens for in-game assets, NFT minting fees, and physical merchandise. Alternatively, they can convert the CGC token to CGG tokens. CGG tokens let users propose and vote on changes in the ChainGuardians ecosystem and any future changes in the ChainGuardian game economics. Users can also stake CGG and earn NFTs.    </p>\n<h2>Token Schedule And Token Allocation </h2>\n<p>A total of 120,000,000 tokens are planned to be released into circulation by 2026. The tokens will be allocated in the following manner. </p>\n<ul><li>45% of the tokens will be allocated to community members. </li></ul>\n<ul><li>23% of the tokens to be allocated to the team members and advisors. </li></ul>\n<ul><li>19% of the tokens to be allocated to early supporters of ChainGuardians. </li></ul>\n<ul><li>11% of the tokens to be allocated to the ChainGuardians ecosystem. </li></ul>\n<ul><li>2% tokens to be allocated for the public sale. The date of the public sale has not been announced as of now. </li></ul>\n<p>ChainGuardians has a very clear roadmap for 2021, right from Q1 to Q4. With an experienced team behind the project, ChainGuardians aims to create a worthwhile blockchain gaming experience for users. </p>\n<h2>In Conclusion </h2>\n<p>ChainGuardians is an exciting use case of blockchain technology. The project has created a gamified experience for users by integrating blockchain concepts. It looks like ChainGuardians has a promising future as it looks to continuously develop its in-game experience to get more crypto-enthusiasts on board. The platform is also looking at launching a 3D game world by the end of the year. With the roadmap for 2021 clearly defined, ChainGuardian looks set to take the crypto space by storm.</p>\n</html>",
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2021/03/04 18:52:18
votergruntomega
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2021/03/04 18:51:45
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2021/03/04 18:47:33
parent author
parent permlinkcryptocurrency
authorblockcommerce
permlinkalgorand-the-perfect-defi-platform
titleAlgorand: The Perfect DeFi Platform
body<html> <p><img src="https://www.cryptonewslist.com/wp-content/uploads/2021/03/Algorand_-The-Perfect-DeFi-Platform-1024x672.png"/> <br/> DeFi platforms have come into prominence, gaining significant popularity and changing the way the financial sector functions. DeFi also acts as a bridge for the adoption of blockchain technology and cryptocurrency in mainstream markets; it has also led to significant developments in the cryptocurrency space, offering the same services that a traditional banking platform offers, except on-chain and in a decentralized manner. </p> <p>DeFi is a disruptive technology, and some experts argue that the technology is not ready for mass adoption yet. </p> <p>There are several DeFi projects in the DeFi space, some of which are hugely successful, thanks to their constant innovation and partnerships. One such platform is Algorand. Algorand is already among the leading DeFi platforms, if not the leading platform. In fact, Algorand is the perfect platform to push DeFi into the mainstream, as we will find out in this article. </p> <h2>The Reluctance Of The Mainstream To Embrace DeFi </h2> <p>Disruptive technologies change the way an industry works. It is human nature to resist change, even if the change is beneficial. That same logic applies in the case of the mainstream adoption of DeFi. A lot of people feel that DeFi is not ready for mass adoption. However, this train of thought exists because of people’s reluctance to accept DeFi than with DeFi itself. DeFi is more than ready for mainstream adoption. </p> <p>There are several reasons why people are reluctant to accept DeFi into the mainstream. Some argue that cryptocurrencies are extremely volatile and that the volatility makes them an un-viable asset. Some people find cryptocurrencies complicated, further fueling their reluctance. It must be stated that businesses and financial institutions are adopting cryptocurrencies; it isn’t enough to push mass adoption. </p> <p>The goal of DeFi is to create a level financial system that is accessible to all. Anyone with a smartphone can carry out transactions, apply for a loan or make investments. DeFi has generated significant interest from the cryptocurrency industry. Even though mass adoption may take time, a platform can finally push DeFi and blockchain technology into the mainstream. That platform is Algorand. </p> <h2>Introduction To Algorand: The Perfect DeFi Platform </h2> <p>Algorand is a smart contract platform and a decentralized cryptocurrency. Founded by Turing award-winning professor Silvio Micali, Algorand has a strong team’s backing, investors who have backed the project financially, and reliable technology. </p> <p>Algorand uses a unique consensus mechanism called Pure Proof-of-Stake (PPoS). Pure Proof-of-Stake allows Algorand to confirm blocks in mere seconds, allowing transactions to achieve finality almost instantly. The Algorand platform also offers users smart contracts and atomic transfers in Layer 1. </p> <p>Algorand aims to address what other blockchain platforms and cryptocurrencies have failed to address, the blockchain trilemma. Algorand claims to have solved the blockchain trilemma, offering security, scalability, and decentralization. Algorand’s Pure Proof-of-Stake consensus mechanism helps the platform in overcoming the blockchain trilemma.</p> <p>The Algorand blockchain has several features that give it a significant advantage over other blockchains in the crypto space. Some of the features are </p> <ul><li>Algorand’s blockchain has almost no probability of forking. </li></ul> <ul><li>The blockchain enables token holders to vote on changes and any actions on the platform through its built-in governance system. </li></ul> <ul><li>Algorand delivers instant finality; as soon as a block is added to the blockchain, no changes can be made to it. </li></ul> <h2>Algorand Use Cases: What Does Algorand Bring To the Table?</h2> <p>Algorand offers quick transaction speeds, allowing transactions to be settled instantly. Algorand’s fast transaction speeds make it an ideal platform for transactions. However, Algorand isn’t just limited to being a platform for transactions. Its primary focus is on smart contracts. </p> <p>Algorand offers two types of smart contracts. Layer 1 smart contracts and Layer 2 smart contracts. The former can be used to create new tokens or execute atomic swaps. Layer 2 smart contracts are utilized to execute more complex actions, like a smart contract that has multiple stages of execution. Layer 2 smart contracts are executed off-chain. </p> <p>Algorand’s consensus mechanism allows the platform to select random token holders to add blocks to the blockchain, irrespective of the size of their stake. This ensures decentralization of the network. Algorand offers a better alternative to other platforms like EOS and Ethereum. Ethereum is the go-to platform for decentralized apps and DeFi, and Algorand hopes to change that status-quo. </p> <p>Algorand has partnered with several organizations like Coinbase, ISDA, and The Realio Platform and is constantly looking for more partnerships to push the adoption of DeFi into the mainstream. Algorand has several features that give it a significant advantage over other platforms, which is why projects like Tether and IDEX have created their protocols on the Algorand blockchain. </p> <p>Algorand is pushing the next generation of DeFi products by promising speed, security, and decentralization. It also offers wallet support and micropayment facilities. </p> <h2>What Are The Advantages That Algorand Has Over Other Platforms? </h2> <p>Algorand has several advantages and innovative features that give it an edge over other platforms. Developers can create, run and deploy smart contracts and decentralized applications on the Algorand blockchain. Applications can be created in different languages like Python, Go, Java and Javascript. The platform also has several tools like Sandbox and Algorand Studio that developers can use.     </p> <p>Smart contracts on Algorand are written in TEAL (Transaction Execution Approval Language). TEAL can be used to write stateless and stateful smart contracts. Once a contract is attached to any transaction, the transaction cannot be modified or changed in any way, making TEAL one of the most secure languages to create smart contracts. </p> <p>Creating and deploying decentralized applications and smart contracts is also cheaper on Algorand. This is because of Algorand’s superior security and scalability. Transactions are finalized and stored on the blockchain almost instantly, with users paying negligible transaction fees. </p> <p>Algorand has critical advantages over other blockchains </p> <ul><li><strong>Universal tokenization:</strong> This allows users of Algorand to tokenize assets in a variety of fields, with the Algorand blockchain ensuring fairness, scalability, and transparency. </li></ul> <ul><li><strong>A better medium of exchange:</strong> Algorand is a better medium of exchange than other blockchains, having faster block times than others. </li></ul> <ul><li><strong>Algorand is forkless:</strong> Algorand’s Pure Proof-of-Stake consensus mechanism ensures that forking does not occur. Each new block on the blockchain receives finality by default. </li></ul> <ul><li><strong>All-encompassing enterprise-grade DeFi solution:</strong> Algorand and its blockchain have been built to become the ultimate DeFi platform. </li></ul> <ul><li><strong>Solves the blockchain trilemma:</strong> Algorand solves the blockchain trilemma, providing security, scalability, and decentralization. Algorand also allows developers to create dApps in different languages like Java, Javascript, Go, and Python. </li></ul> <h2>Algorand’s Partnerships </h2> <p>To push the adoption of DeFi and blockchain technology, Algorand has teamed up with a diverse group of partners representing cryptocurrencies, technological, venture capital, and financial communities. Some of Algorand’s partners are </p> <h3>Stablecorp</h3> <p>Stablecorp is the firm behind the management and the issuance of QCAD (Canadian dollar Stablecoin). With this partnership, QCAD became the first non-USD-backed stablecoin on the Algorand network. Both Algorand and Stablecorp hope that this partnership can help Algorand grow its fiat-backed stablecoin capabilities. QCAD’s implementation on Algorand helps open it up to greater mainstream use cases. </p> <p>For QCAD, this partnership is beneficial because Algorand brings wallet support, micropayment support, and instant confirmation. Algorand offers security, scalability, and decentralization, making it a perfect platform for Stablecoins. </p> <h3>Xfinite </h3> <p>Xfinite is a blockchain-based digital media platform built on the Algorand blockchain. The platform hopes to create a blockchain-based media ecosystem that can enable the next generation of digital media dApps to thrive. </p> <p>Partnering with Algorand, Xfinite can ensure that there is fairness and transparency in the digital media ecosystem. The partnership also gives influencers a new avenue to interact with their existing followers and reach new users on social media. Xfinite hopes to leverage blockchain technology through its partnership with Algorand and benefit the digital community. </p> <h3>Frontier </h3> <p>Algorand’s partnership with Frontier has created a borderless, frictionless economy on blockchain technology. Algorand hopes that Frontier can give its DeFi ecosystem a boost. Despite the various DeFi platforms out there, Algorand continues to be the perfect DeFi platform, thanks to its permissionless, open-source pure Proof-of-Stake consensus mechanism.</p> <p>Frontier hopes to bring a native experience for users of its ecosystem. Frontier also received a 250 million ALGO grant to implement quicker developer activity on its blockchain. The ALGO grant will be used for </p> <ul><li><strong>Native Staking Interface:</strong> Users can stake ALGO using Frontier tokens.</li></ul> <ul><li><strong>Algorand Blockchain support:</strong> Users of Frontier can seamlessly store, spend and receive ALGO tokens. </li></ul> <ul><li><strong>Algorand Connect and Trust Wallet:</strong> Users can connect Trust wallet with Frontier enabling them to track and stake their ALGO tokens using TxLink technology. </li></ul> <h3>Curv </h3> <p>Algorand has also partnered with Curv, a digital custody tech provider and among the world’s most trusted digital asset security platforms. The partnership will help Algorand implement solutions in the DeFi space while allowing Curv to integrate Algorand into its “asset agnostic” infrastructure. </p> <p>Algorand will also help both platforms to develop secure wallet functionality on applications running on the Algorand blockchain. This will be powered by Curv’s Multiparty Computation Technology (MPC). The partnership will also allow Curv users to store and trade ALGO and Asa tokens. </p> <h3>Tether </h3> <p>Tether allows users to send, receive and store Stablecoins through the use of blockchain technology. Tether’s USDT is among the most widely traded cryptocurrencies in transaction volume. Algorand allows Tether to carry out over a thousand USDT transactions per second in a secure, scalable, decentralized manner. The partnership enables Tether to leverage Algorand’s technology and leading financial innovation. </p> <p>The above are just a few examples of the platforms and companies that Algorand has partnered with in its effort to revolutionize DeFi. The platform continues to look for new partnerships and new opportunities to innovate and push mainstream adoption of DeFi. </p> <h2>Conclusion: Algorand Has All The Answers </h2> <p>With the backing that Algorand has and the team behind the platform, Algorand is fast becoming the go-to platform for DeFi and Decentralized Applications. Compared to other platforms in the DeFi and smart contract space, Algortand has lower costs for creating and running decentralized applications and executing smart contracts. </p> <p>Algorand also provides developers tools and support, along with developer documentation and financial support. Add to this Algorand’s underlying technology, and the platform’s partnerships truly make Algorand the perfect DeFi platform.</p> </html>
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      "body": "<html>\n<p><img src=\"https://www.cryptonewslist.com/wp-content/uploads/2021/03/Algorand_-The-Perfect-DeFi-Platform-1024x672.png\"/>\r<br/>\rDeFi platforms have come into prominence, gaining significant popularity and changing the way the financial sector functions. DeFi also acts as a bridge for the adoption of blockchain technology and cryptocurrency in mainstream markets; it has also led to significant developments in the cryptocurrency space, offering the same services that a traditional banking platform offers, except on-chain and in a decentralized manner. </p>\n<p>DeFi is a disruptive technology, and some experts argue that the technology is not ready for mass adoption yet. </p>\n<p>There are several DeFi projects in the DeFi space, some of which are hugely successful, thanks to their constant innovation and partnerships. One such platform is Algorand. Algorand is already among the leading DeFi platforms, if not the leading platform. In fact, Algorand is the perfect platform to push DeFi into the mainstream, as we will find out in this article. </p>\n<h2>The Reluctance Of The Mainstream To Embrace DeFi </h2>\n<p>Disruptive technologies change the way an industry works. It is human nature to resist change, even if the change is beneficial. That same logic applies in the case of the mainstream adoption of DeFi. A lot of people feel that DeFi is not ready for mass adoption. However, this train of thought exists because of people’s reluctance to accept DeFi than with DeFi itself. DeFi is more than ready for mainstream adoption. </p>\n<p>There are several reasons why people are reluctant to accept DeFi into the mainstream. Some argue that cryptocurrencies are extremely volatile and that the volatility makes them an un-viable asset. Some people find cryptocurrencies complicated, further fueling their reluctance. It must be stated that businesses and financial institutions are adopting cryptocurrencies; it isn’t enough to push mass adoption. </p>\n<p>The goal of DeFi is to create a level financial system that is accessible to all. Anyone with a smartphone can carry out transactions, apply for a loan or make investments. DeFi has generated significant interest from the cryptocurrency industry. Even though mass adoption may take time, a platform can finally push DeFi and blockchain technology into the mainstream. That platform is Algorand. </p>\n<h2>Introduction To Algorand: The Perfect DeFi Platform </h2>\n<p>Algorand is a smart contract platform and a decentralized cryptocurrency. Founded by Turing award-winning professor Silvio Micali, Algorand has a strong team’s backing, investors who have backed the project financially, and reliable technology. </p>\n<p>Algorand uses a unique consensus mechanism called Pure Proof-of-Stake (PPoS). Pure Proof-of-Stake allows Algorand to confirm blocks in mere seconds, allowing transactions to achieve finality almost instantly. The Algorand platform also offers users smart contracts and atomic transfers in Layer 1. </p>\n<p>Algorand aims to address what other blockchain platforms and cryptocurrencies have failed to address, the blockchain trilemma. Algorand claims to have solved the blockchain trilemma, offering security, scalability, and decentralization. Algorand’s Pure Proof-of-Stake consensus mechanism helps the platform in overcoming the blockchain trilemma.</p>\n<p>The Algorand blockchain has several features that give it a significant advantage over other blockchains in the crypto space. Some of the features are </p>\n<ul><li>Algorand’s blockchain has almost no probability of forking. </li></ul>\n<ul><li>The blockchain enables token holders to vote on changes and any actions on the platform through its built-in governance system. </li></ul>\n<ul><li>Algorand delivers instant finality; as soon as a block is added to the blockchain, no changes can be made to it. </li></ul>\n<h2>Algorand Use Cases: What Does Algorand Bring To the Table?</h2>\n<p>Algorand offers quick transaction speeds, allowing transactions to be settled instantly. Algorand’s fast transaction speeds make it an ideal platform for transactions. However, Algorand isn’t just limited to being a platform for transactions. Its primary focus is on smart contracts. </p>\n<p>Algorand offers two types of smart contracts. Layer 1 smart contracts and Layer 2 smart contracts. The former can be used to create new tokens or execute atomic swaps. Layer 2 smart contracts are utilized to execute more complex actions, like a smart contract that has multiple stages of execution. Layer 2 smart contracts are executed off-chain. </p>\n<p>Algorand’s consensus mechanism allows the platform to select random token holders to add blocks to the blockchain, irrespective of the size of their stake. This ensures decentralization of the network. Algorand offers a better alternative to other platforms like EOS and Ethereum. Ethereum is the go-to platform for decentralized apps and DeFi, and Algorand hopes to change that status-quo. </p>\n<p>Algorand has partnered with several organizations like Coinbase, ISDA, and The Realio Platform and is constantly looking for more partnerships to push the adoption of DeFi into the mainstream. Algorand has several features that give it a significant advantage over other platforms, which is why projects like Tether and IDEX have created their protocols on the Algorand blockchain. </p>\n<p>Algorand is pushing the next generation of DeFi products by promising speed, security, and decentralization. It also offers wallet support and micropayment facilities. </p>\n<h2>What Are The Advantages That Algorand Has Over Other Platforms? </h2>\n<p>Algorand has several advantages and innovative features that give it an edge over other platforms. Developers can create, run and deploy smart contracts and decentralized applications on the Algorand blockchain. Applications can be created in different languages like Python, Go, Java and Javascript. The platform also has several tools like Sandbox and Algorand Studio that developers can use.     </p>\n<p>Smart contracts on Algorand are written in TEAL (Transaction Execution Approval Language). TEAL can be used to write stateless and stateful smart contracts. Once a contract is attached to any transaction, the transaction cannot be modified or changed in any way, making TEAL one of the most secure languages to create smart contracts. </p>\n<p>Creating and deploying decentralized applications and smart contracts is also cheaper on Algorand. This is because of Algorand’s superior security and scalability. Transactions are finalized and stored on the blockchain almost instantly, with users paying negligible transaction fees. </p>\n<p>Algorand has critical advantages over other blockchains </p>\n<ul><li><strong>Universal tokenization:</strong> This allows users of Algorand to tokenize assets in a variety of fields, with the Algorand blockchain ensuring fairness, scalability, and transparency. </li></ul>\n<ul><li><strong>A better medium of exchange:</strong> Algorand is a better medium of exchange than other blockchains, having faster block times than others. </li></ul>\n<ul><li><strong>Algorand is forkless:</strong> Algorand’s Pure Proof-of-Stake consensus mechanism ensures that forking does not occur. Each new block on the blockchain receives finality by default. </li></ul>\n<ul><li><strong>All-encompassing enterprise-grade DeFi solution:</strong> Algorand and its blockchain have been built to become the ultimate DeFi platform. </li></ul>\n<ul><li><strong>Solves the blockchain trilemma:</strong> Algorand solves the blockchain trilemma, providing security, scalability, and decentralization. Algorand also allows developers to create dApps in different languages like Java, Javascript, Go, and Python. </li></ul>\n<h2>Algorand’s Partnerships </h2>\n<p>To push the adoption of DeFi and blockchain technology, Algorand has teamed up with a diverse group of partners representing cryptocurrencies, technological, venture capital, and financial communities. Some of Algorand’s partners are </p>\n<h3>Stablecorp</h3>\n<p>Stablecorp is the firm behind the management and the issuance of QCAD (Canadian dollar Stablecoin). With this partnership, QCAD became the first non-USD-backed stablecoin on the Algorand network. Both Algorand and Stablecorp hope that this partnership can help Algorand grow its fiat-backed stablecoin capabilities. QCAD’s implementation on Algorand helps open it up to greater mainstream use cases. </p>\n<p>For QCAD, this partnership is beneficial because Algorand brings wallet support, micropayment support, and instant confirmation. Algorand offers security, scalability, and decentralization, making it a perfect platform for Stablecoins. </p>\n<h3>Xfinite </h3>\n<p>Xfinite is a blockchain-based digital media platform built on the Algorand blockchain. The platform hopes to create a blockchain-based media ecosystem that can enable the next generation of digital media dApps to thrive. </p>\n<p>Partnering with Algorand, Xfinite can ensure that there is fairness and transparency in the digital media ecosystem. The partnership also gives influencers a new avenue to interact with their existing followers and reach new users on social media. Xfinite hopes to leverage blockchain technology through its partnership with Algorand and benefit the digital community. </p>\n<h3>Frontier </h3>\n<p>Algorand’s partnership with Frontier has created a borderless, frictionless economy on blockchain technology. Algorand hopes that Frontier can give its DeFi ecosystem a boost. Despite the various DeFi platforms out there, Algorand continues to be the perfect DeFi platform, thanks to its permissionless, open-source pure Proof-of-Stake consensus mechanism.</p>\n<p>Frontier hopes to bring a native experience for users of its ecosystem. Frontier also received a 250 million ALGO grant to implement quicker developer activity on its blockchain. The ALGO grant will be used for </p>\n<ul><li><strong>Native Staking Interface:</strong> Users can stake ALGO using Frontier tokens.</li></ul>\n<ul><li><strong>Algorand Blockchain support:</strong> Users of Frontier can seamlessly store, spend and receive ALGO tokens. </li></ul>\n<ul><li><strong>Algorand Connect and Trust Wallet:</strong> Users can connect Trust wallet with Frontier enabling them to track and stake their ALGO tokens using TxLink technology. </li></ul>\n<h3>Curv </h3>\n<p>Algorand has also partnered with Curv, a digital custody tech provider and among the world’s most trusted digital asset security platforms. The partnership will help Algorand implement solutions in the DeFi space while allowing Curv to integrate Algorand into its “asset agnostic” infrastructure. </p>\n<p>Algorand will also help both platforms to develop secure wallet functionality on applications running on the Algorand blockchain. This will be powered by Curv’s Multiparty Computation Technology (MPC). The partnership will also allow Curv users to store and trade ALGO and Asa tokens. </p>\n<h3>Tether </h3>\n<p>Tether allows users to send, receive and store Stablecoins through the use of blockchain technology. Tether’s USDT is among the most widely traded cryptocurrencies in transaction volume. Algorand allows Tether to carry out over a thousand USDT transactions per second in a secure, scalable, decentralized manner. The partnership enables Tether to leverage Algorand’s technology and leading financial innovation. </p>\n<p>The above are just a few examples of the platforms and companies that Algorand has partnered with in its effort to revolutionize DeFi. The platform continues to look for new partnerships and new opportunities to innovate and push mainstream adoption of DeFi. </p>\n<h2>Conclusion: Algorand Has All The Answers </h2>\n<p>With the backing that Algorand has and the team behind the platform, Algorand is fast becoming the go-to platform for DeFi and Decentralized Applications. Compared to other platforms in the DeFi and smart contract space, Algortand has lower costs for creating and running decentralized applications and executing smart contracts. </p>\n<p>Algorand also provides developers tools and support, along with developer documentation and financial support. Add to this Algorand’s underlying technology, and the platform’s partnerships truly make Algorand the perfect DeFi platform.</p>\n</html>",
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2021/03/01 14:23:06
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2021/03/01 03:15:00
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2021/03/01 03:12:51
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2021/03/01 03:07:39
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2021/03/01 03:07:30
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2021/02/27 10:26:48
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2021/02/27 10:25:24
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2021/02/27 10:24:57
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2021/02/27 10:24:48
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2021/02/27 10:24:39
voterkieranbaxter
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Witness Votes

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[]