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Archive for the ‘Binance Smart Chain’ Category

Buy Dogetti, Decentraland, and Binance Coin To Avoid Heavy … – NewsWatch

Posted: March 16, 2023 at 3:15 pm


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No crypto trader needs to be warned about the perils of trading in the coin market. The coin market is too unpredictable, and surprising price moves constantly happen. Thats why you need to find effective ways to secure your capital. But its easier said than done.

A proven way for traders to protect their capital is through informed purchases. Dont buy any crypto token just because of a hunch or because someone told you to do so. Do adequate research about each digital asset. Learn what makes them stand out and why others would be interested in the project. If youre discouraged about researching through the tons of information on the coin market, weve handled it for you. This piece will reveal how Decentraland, Binance coin, and Dogetti(DETI).

If you thought youd had enough dog-themed crypto tokens, think again. Dogetti (DETI) is coming to change the impression of the coin market about dog-themed tokens. Rather than the regular dog-themed approach, Dogetti adopts a mafia touch. This meme coin intends to create a family of users. They believe long-term success is achievable by creating a strong sense of ownership and belonging in the project.

The Dogetti team has clearly stated their intentions to make this project the top DOGE in the meme sector. But this will not be an easy feat. They have created a project with an evolving DeFi ecosystem to achieve this. The goal of Dogetti is to transfer wealth to family members. Dogettis innovative ecosystem will include three major projects DogettiDAO, DogettiSwap, and DogettiNFTs. Each has been set up to offer users active involvement in crypto-related matters and reward them too.

Decentraland is an innovative project whose ability to fight off heavy losses is remarkable. Decentraland has been able to achieve an excellent position for itself in the coin market because of its unique selling point. This crypto token will allow users to purchase digital land and enjoy metaverse-like features.

The purchase process on this platform is quite simple. Decentraland users can communicate and interact in the digital universe. They are also offered the creative freedom to edit their digital plots.

Before Binance coin, many crypto experts claimed that it would be difficult for the native token of a crypto trade platform to be one of the most significant digital assets in the coin market. This theory held for many years because no native token of top crypto platforms had the firepower to push to the top of the coin market. Binance coin was able to break through this stereotype because of the innovativeness of its development team.

When Binance coin (BNB) was created, it was solely designed to support the transactions in its parent platform. It didnt take long before BNB was adopted to pay gas fees on Binance. However, there was one major problem. This cryptocurrency was gradually becoming slower. Because it relied on Ethereums blockchain, Binance coin charged exorbitant rates for each transaction. This slowed down activities on its parent platform and discouraged people from using it.

It didnt take long before Binance coins developers thought of a new solution to their problem. They created their blockchain to process transactions. They called this blockchain Binance Smart Chain. There are numerous benefits of the BSC. It allows transactions to be processed faster and at less cost than Ethereum. This opened up the floodgates for people to use BNB as a reliable means of sending and storing value. Whats more? The Binance Smart Chain allows developers to host other projects on it.

If you believe in Dogetti, you can join its presale or learn more about it on its website:

Presale: https://dogetti.io/how-to-buy

Website: https://dogetti.io/

Telegram: https://t.me/Dogetti

Twitter: https://twitter.com/_Dogetti_

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Buy Dogetti, Decentraland, and Binance Coin To Avoid Heavy ... - NewsWatch

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March 16th, 2023 at 3:15 pm

All About CryptoUnitys CUT Token What Is It and How Does It Work? – Coinpedia Fintech News

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Many exchange platforms have their own exclusive coin or token. An example of this is Binance Coin (BNB) created by the makers of Binance. BNB is bought and sold on the platform and used for trading fees. CryptoUnity has its own token too, named CUT. Its an important part of our platform and allows our users to benefit from holder rewards.

Lets take a look at what CUT is, what it does, and how it works.

The CUT token built on the Binance Smart Chain and serving as CryptoUnitys native asset is a utility token created with specific functions in mind. Buyers can purchase or sell it through our platform but those who decide to hold their CUThave plenty of extra advantages. Lets explore some of these benefits.

When trading on our exchange, CUT holders can enjoy a reduced commission fee. The more CUT they hold, the smaller the commission fees, providing them with greater returns from their investments. As a CUT holder, youre in a much better position to maximize your profits.

Are you curious about Initial Coin Offerings (ICOs)? These are opportunities where a brand-new cryptocurrency is released before it hits any exchanges. CUT holders will have exclusive access to upcoming ICOs on our Research Launchpad. It means if youre a CUT holder, you can get your hands on the best deals first!

We believe that education is the key to a successful crypto journey. Thats why CUT holders will also be able to unlock advanced courses and gain access to exclusive events hosted by CryptoUnity. These events, which include tutorials, workshops, webinars, and seminars, provide insight into the world of crypto trading, and are an invaluable resource for those who are just getting started.

NFTs, also known as Non-Fungible Tokens, are digital assets that can be bought, sold, and traded. An example of an NFT is a crypto art piece digital artwork that can be bought and sold on the blockchain. CryptoUnity allows CUT holders to create their own NFTs, including buying and selling them on the platform.

Holders will receive 2 % of every trade or purchase. This means youll be rewarded for holding CUT. So, the longer you hold it, the more youll be rewarded.

Airdrops, bounty hunts, and crypto giveaways are popular events where tokens are handed out for free to participants. CryptoUnity holds these events regularly, and as a valued CUT holder, you can join them all.

So, there you have it a quick introduction to CryptoUnitys CUT token and how it can benefit you as a holder. As you can see, there are plenty of incentives for holding CUT. Lower commission fees, participating in ICOs, access to workshops, the ability to create and buy/sell NFTs, passive rewards, airdrops and giveaways is only the beginning. CUT really helps you get the most out of CryptoUnity!

As our platform grows and develops, we plan to introduce even more benefits to CUT holders. We want to reward everyone who supports us, and CUT is our way of saying thank you. So what are you waiting for? Get your CUT and join the CryptoUnity movement!

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All About CryptoUnitys CUT Token What Is It and How Does It Work? - Coinpedia Fintech News

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March 16th, 2023 at 3:14 pm

How To Add Tron [TRX] To Metamask? [What Goes & What Not] – Captain Altcoin

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Home De-Fi How To Add Tron [TRX] Network To Metamask?

The Tron network is an open-source, decentralized proof-of-stake blockchain founded by Justin Sun that allows smart contract functionality, similar to Ethereum.

Tron has its own native token called Tronix (TRX), which is one of the worlds top 20 cryptocurrencies, according to Coinmarketcap.

Apart from being traded on all major cryptocurrency exchanges, the TRX token is also used across its ecosystem for fees when swapping assets on dApps or sending TRC20 tokens such as USDT, collateral, or staking.

Unfortunately, no. Although it is similar to ERC-20 in terms of functionality, the TRC-20 token standard is different and incompatible with Metamask, a wallet that supports only EVM-compatible networks.

To enjoy the functionality of the Tron blockchain, like using SunSwap or other dApps, you should use an alternative compatible with the TRC20 standard, such as TronLink, a wallet available as an Android and iOS app or Google Chrome extension, just like Metamask.

If you are familiar with the Metamask wallet, using TronLink will be easy, as the two wallets have very similar features. The main difference is that TronLink is fully compatible with the Tron network ecosystem, unlike Metamask, which supports only Ethereum and other EVM (Ethereum Virtual Machine) networks.

Users can add the Binance-pegged (BEP-20) TRX version of the token, but that will be on the Binance network and wont actually add the Tron network to Metamask, meaning TRX will lose most of its functionality. Binance-pegged tokens are backed by native tokens. This lets users connect tokens to the Binance Smart Chain (BSC).

These pegged tokens can be created using the Binance bridge and have limited functionality, such as keeping the peg with native tokens, sending or receiving them on the BSC network, or swapping them on BEP-20-compatible dApps. You can always bridge pegged tokens back to native tokens.

To add the Binance-pegged TRX token to your Metamask wallet, you need to follow a few simple steps:

1. Visit https://coinmarketcap.com/currencies/tron and copy the contract address for the token (0x85eac5ac2f758618dfa09bdbe0cf174e7d574d5b).

2. Open your Metamask and make sure your wallet connects to the Binance Smart Chain network.

3. Click on import tokens in the lower section of the menu, paste the Tron BEP-20 token contract address into the field, and click on add custom token.

4.When you see the TRX logo, click the import token button to confirm the action and finish the process.

An important thing to remember when using the Binance-pegged version of the token is not to send any native TRX (TRC20) tokens directly to your Metamask BEP-20 address, as that may cause a permanent loss of funds. To bridge TRX (TRC20) tokens to Binance Smart Chain (BEP-20), you need to use its cross-chain bridge solution found here.

An alternative to bridging TRX (TRC20) tokens to pegged TRX (BEP-20) on the Binance bridge is to buy them on another cryptocurrency exchange platform that supports withdrawing TRX on the BSC BEP-20 network and have them sent to your Metmask Binance Smart Chain (BEP-20) address.

Metamask doesnt work with Tron because it has its own network and token standard (TRC20), even though it started out as an Ethereum-based token. To use the Tron decentralized ecosystem in a similar way you would do so on Metamask, you should download TronLink, one of the leading Tron-compatible wallet solutions on the market.

Although you can use the Binance-pegged TRX token on the BSC network on Metmask, once you bridge your native TRX tokens, you will lose all the security features and functionality offered by the Tron network, and you will have to put your trust in the BSC blockchain and Binance.

CaptainAltcoin's writers and guest post authors may or may not have a vested interest in any of the mentioned projects and businesses. None of the content on CaptainAltcoin is investment advice nor is it a replacement for advice from a certified financial planner. The views expressed in this article are those of the author and do not necessarily reflect the official policy or position of CaptainAltcoin.com

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How To Add Tron [TRX] To Metamask? [What Goes & What Not] - Captain Altcoin

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March 16th, 2023 at 3:14 pm

Binance Research Reviews February Crypto Trends: Arbitrum, Blur … – BSC NEWS

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Arbitrum foundation announced the date for the $ARB token airdrop & DAO governance and 12.75% of community allocation to be distributed on March 23. ARB holders will vote on decisions governing Arbitrum One & Nova networks.

Arbitrum announced to launch of its much-awaited DAO governance and its native $ARB token on March 23.

Today The Arbitrum Foundation is extremely excited to announce the launch of DAO governance for the Arbitrum One and Arbitrum Nova networks, alongside the launch of $ARB. https://t.co/TB3wG0QK0v

According to the Arbitrum Foundation, the launch of $ARB marks the evolution of Arbitrum into a decentralized autonomous organization (DAO). Thus, $ARB holders will be able to decide on key decisions governing Arbitrum One and Arbitrum Nova - networks that provide faster and cheaper transactions on the Ethereum blockchain.

The total circulation of $ARB will be 10 billion. A total of 56% of those tokens will be controlled by the arbitrum community - 11.5% will be distributed to the Arbitrum community, and 1.1% will be distributed to DAOs operating in the Arbitrum ecosystem. Arbitrum DAO will control the distribution of the remaining community tokens through a treasury.

The other 44% of Arbitrum's circulation will go to Offchain Labs - the firm that built Arbitrum. All investor and team tokens are subject to a 4-year lockup, with the first unlocking happening in one year and periodic unlocking throughout the next three.

The Arbitrum Foundation and Offchain Labs worked closely with Nansen throughout the past several months to develop eligibility criteria $ARB token airdrop. They developed a point system based on various metrics of network usage.

Users of both Arbitrum One and Arbitrum Nova both received points. Moreover, early users of Arbitrum One (before Nitro) received more points. Users with three or more points are eligible for the airdrop. However, points were also deducted from users who engaged in Sybil-linked usage patterns.

You can check the point system and discover more about the eligibility criteria here.

Users who want to be part of Arbitrum's governance but do not wish to vote on-chain actively can participate passively through delegation.

Furthermore, Arbitrum included a second mechanism in the form of DAO airdrops, as a way of extending token distribution to new and infrequent users. In accordance with this, only Arbitrum projects with DAO treasuries are eligible.

Among the exceptions to the DAO airdrop was the inclusion of the Protocol Guild, an organization that represents the Ethereum core developers and contributors.

The ARB token will only be used for protocol governance, unlike ETH, which is used to pay Ethereum (and Arbitrum) fees.

The DAO governance in Arbitrum is self-executing, which means its votes will directly effect and execute on-chain decisions without the involvement of an intermediary. The voting process requires a minimum of 2137 days to pass before a proposal can be executed, ensuring users are given time to react to any changes.

Additionally, the Arbitrum Foundation established the Arbitrum Security Council, a 12-member multisig of highly regarded community members that would monitor the security of the chains and can act rapidly when a vulnerability is found. At some point, the DAO can also retire the Security Council if it decides the chain no longer needs its protection.

The Arbitrum foundation also announced the launch of Arbitrum Orbit, a platform for developers to easily and permissionlessly create their own Layer 3 (L3) blockchains. Additionally, Arbitrum Orbit L3 chains will support Arbitrum Stylus, which allows developers to build chains in C, C++, Rust, as well as Solidity.

The Arbitrum DAO will be able to authorize additional Layer 2 chains on Ethereum, regardless of whether they are governed by $ARB, ensuring full community control of Arbitrum.

The Arbitrum One platform was upgraded to Nitro in August. Moreover, a few months ago, Arbitrum announced that ten independent institutional validators had signed up to validate the platform.

The community is exited with the recent announcement.

Congrats to the team, this is huge.

You took your time but you delivered.

According to L2 Beat, Arbitrum has $3.63 billion in TVL in its Ethereum rollup network, Aribtrum One.

Arbitrum is an Ethereum layer-2 network that enables developers to build and deploy highly scalable smart contracts at low cost. You can use Arbitrum chains to do all the things you do on Ethereum use Web3 apps, deploy smart contracts, etc., but your transactions will be cheaper and faster. The flagship product for the team, Arbitrum Rollup, is an Optimistic rollup protocol that inherits Ethereum-level security.

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Binance Research Reviews February Crypto Trends: Arbitrum, Blur ... - BSC NEWS

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March 16th, 2023 at 3:14 pm

The Dog Coin Trio: Why Avorak AI Could Outperform Shiba Inu … – Crypto Reporter

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The emergence of Dog coins brought a wave of excitement to the market. Dog coins are meme coins inspired by the popular Dogecoin. These coins include Shiba Inu (SHIB), Floki Inu (FLOKI), and Milo Inu (MILO). However, the recent surge in interest in AI crypto is threatening to overtake the popularity of meme coins. And Avorak AI, a pioneer in the industry, looks set to outperform the dog coin trio.

The Dog coin trio: SHIB, FLOKI, MILO

SHIB, FLOKI, and Milo Inu were all created to take advantage of the popularity of dog-themed cryptocurrencies. The creators of these coins developed them to leverage the popularity of Dogecoin and capitalize on its success.

Shiba Inu (SHIB) was launched in August 2020 and quickly became popular among crypto enthusiasts. It is an ERC-20 token running on the Ethereum blockchain. The developers of SHIB have made it a decentralized and community-driven coin, with its value primarily determined by its supply and demand.

FLOKI is another dog-themed cryptocurrency launched in September 2021. Its name is derived from Elon Musks dog, Floki. It has gained popularity among investors due to its strong social media presence.

Milo Inu is the third dog coin cryptocurrency on this list. It was launched in October 2021. It aims to develop intellectual property-based virtual idols in order to build a global brand with animation richness.

Avorak AI

Avorak AI is the latest AI crypto project on the Binance Smart Chain. The native token of this ecosystem, AVRK, has a ton of use cases. In addition to being used to access Avoraks AI services, AVRK can also be used for staking and for incentivized liquidity provision on decentralized exchanges. Holding AVRK also assures a portion of Avoraks AI services revenue.

Avoraks AI services will include but will not be limited to automated video and image editing, 3D modeling with base architectural blueprint drafting, and automated online shopping. Avoraks ICO offers investors a chance to get the AVRK tokens at a discounted price. Currently, in phase 2, the ICO has 1AVRK going for $0.105, which represents a 75% increase in price. A recent video by Crypto Bape highlights the potential of Avorak, and the benefits that come with getting the AVRK tokens through the ICO.

Avorak AI vs. The Dog coin trio

Avorak AIs cohesive and interactive AI system, powered by blockchain technology and natural language processing, offers practical applications for investors seeking long-term value. Its utility-based approach stands in contrast to meme-based virtual currencies like SHIB, FLOKI, and Milo Inu, which are largely driven by hype and speculation.

Avoraks comprehensive list of products and user-friendly system provides users with a seamless and consistent experience. This makes it more attractive to investors seeking a reliable and intuitive investment platform. Additionally, Avorak AI has received positive feedback from crypto enthusiasts on YouTube and Twitter, and has been audited by CyberScope, further boosting its credibility in the market. As interest in leveraging AI technology to solve real-world problems continues to grow, Avorak AIs unique approach could make it potentially outperform the dog coin trio in the near future.

Conclusion

Avoraks wide range of services and its token use cases make it an attractive investment option. With AI crypto slowly overtaking meme coins in popularity, and Avoraks potential, it is highly likely that AVRK will outperform SHIB, MILO, and FLOKI.

For more information on Avorak:Website: https://avorak.aiWhitepaper: https://avorak-labs-and-technology.gitbook.io/avorak-a.i-technical-whitepaper/

Disclaimer: The statements, views and opinions expressed in this article are solely those of the content provider and do not necessarily represent those of Crypto Reporter. Crypto Reporter is not responsible for the trustworthiness, quality, accuracy of any materials in this article. This article is provided for educational purposes only. Crypto Reporter is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article. Do your research and invest at your own risk.

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The Dog Coin Trio: Why Avorak AI Could Outperform Shiba Inu ... - Crypto Reporter

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March 16th, 2023 at 3:14 pm

Invest in the Future of Electric Vehicle Charging with This New … – Cryptonews

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Pixabay / Bixusas

As the fight against climate change heats up, Electric Vehicles (EVs) are gaining traction as a key solution.

With huge players such as Elon Musk's Tesla banking big on the so-called 'decade of the EV', the promise of a carbon-neutral future beckons a turning point in society's relationship with carbon emissions.

And it also beckons huge profits.

Already valued at $14.5bn, the EV charging industry is currently centralized in the hands of just a few firms.

With the industry tipped to grow to $128bn by 2030, there are growing market demands for a product that can decentralize profits.

And that's where an ambitious new project called C+Charge comes in.

By utilizing the power of blockchain and Web3, C+Charge is planning to disrupt EV charging by delivering profits back to the intrepid EV owners leading forward the green revolution.

Highly scalable BNB-based blockchain technology enables C+Charge to track and reward EV charging.

This makes charging sessions more transparent and cheaper as the user receives a fractional share of the carbon credits generated by the charge.

And the project is gaining massive traction with green tech advocates. So far, the presale funding round has raised a jaw-dropping $2.9m as it enters the 7th presale phase.

The news comes as C+Charge announces an exciting new partnership with The Recharge DeFi projects.

C+Charge native utility token $CCHG powers the project, acting as a means of settlement throughout the ecosystem.

Amongst the first projects built on Binance Smart Chain for the tokenization of carbon credit assets.

This is an innovative token design built for compliance and compatibility with OCPP 2.0 a universal EV charging station standard.

By meeting OCPP 2.0 standards, C+Charge is on track to be fully integrated with over 1.8m charging stations worldwide.

Once users have been allocated a wallet, theyre able to pay for EV charging using the $CCHG tokens.

But thats not all because C+Charge connects EV vehicle owners with something new: Carbon Credits.

The dApp tracks charging usage and enables users to accumulate carbon credits through a reflection program. This will see 1% of transactional volume reserved to purchase carbon credits to be re-distributed and airdropped to token holders' wallets.

With over $2.9m raised and a commitment to expanding functionality, the deflationary $CCHG token is set to soar.

C+Charge has already published its ambitious project roadmap, and there are exciting plans coming following the completion of the presale.

First and foremost, the first CEX launch will go live in just a fortnight on March 31st.

But additionally, there are upcoming plans to announce charging hardware partnerships ahead of the rollout of the first C+Charge electric chargers.

With the C+Charge presale now entering Phase 7, don't miss your last chance to get in on the future of EV technology early.

With current $CCHG token prices a steal at $0.02, interested investors are encouraged to get on board early to reap the rewards of the EV revolution!

Join the future of EV charging with C+Charge, Pay for EV charging, earn carbon credits, and track your portfolio with the C+Charge app.

Dont miss out on this opportunity buy CCHG now before the price increases.

Visit C+Charge Now

Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.

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Invest in the Future of Electric Vehicle Charging with This New ... - Cryptonews

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March 16th, 2023 at 3:14 pm

Meta scraps NFTs on Instagram and Facebook: Nifty Newsletter, March 814 – Cointelegraph

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Welcome to the latest edition of Cointelegraphs Nifty Newsletter. Keep reading to stay up-to-date with the latest stories on nonfungible tokens. Every Wednesday, the Nifty Newsletter informs and inspires you to dig deeper into the latest NFT trends and insights.

In this weeks newsletter, read about why Meta decided to wind down its nonfungible token (NFT) tools on Instagram and Facebook, and check out the metaverse greenhouse full of dynamic, breedable NFT flowers. Find out more about Binance NFTs addition of Polygon network support to its marketplace and, last but not least, Nifty News highlights the new artificial intelligence (AI) tools that can bring security and transparency to the NFT market, and why German regulators are considering a case-by-case approach to NFTs.

Tech giant and Facebook parent company, Meta, said its scrapping its NFT features across its social media platforms, Facebook and Instagram. This comes only 10 months after the integrations first launched.

Stephane Kasriel, the head of commerce and financial technologies at Meta, revealed the news in a tweet on March 13. He said the company is winding down its NFT support and will focus on other ways to support creators, people, and businesses while prioritizing monetization and connecting with fans.

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On March 8, the Heterosis project introduced collectible, breedable and dynamic NFTs of digital flowers. After the initial mint of the NFT flower, users can look into the greater catalog of flowers available and breed flowers to create a hybrid species.

According to the projects announcement, when a new flower trait is discovered, it spreads across the entire population, just like the diversification in nature works. All flowers will be held in a metaverse greenhouse, designed as a digital rendition of Londons National Gallery.

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Binance NFT the NFT arm of the cryptocurrency exchange announced that it had added support for the Polygon network to its marketplace.

The move continues the expansion of Binances NFT ecosystem. The new integration allows Binance NFT marketplace users to trade NFTs on various blockchains, including Ethereum, BNB Smart Chain and Polygon, via their Binance accounts.

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The Federal Financial Supervisory Authority of Germany (BaFin) said its not yet ready to assign a classification to NFTs and suggests classifying them on a case-by-case basis.

The regulators said NFTs dont meet the criteria to be considered securities, though they could be in the future. However, regulators also gave the example of an NFT containing documentation of exploitation rights or ownership, like a distribution commitment, which could be considered an investment.

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Fragmentation and the lack of standardization in the NFT space have led to confusion for users between different marketplaces. Diverse collections and inconsistent pricing methods complicate transactions.

As AI and machine learning become more available, they could benefit users in the NFT space by detecting security threats, providing users with a safer and more trustworthy experience.

Continue reading

Thanks for reading this digest of the weeks most notable developments in the NFT space. Come again next Wednesday for more reports and insights into this actively evolving space.

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Meta scraps NFTs on Instagram and Facebook: Nifty Newsletter, March 814 - Cointelegraph

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March 16th, 2023 at 3:14 pm

A deep dive into the fastest growing R-Rated Metaverse Game SinVerse – ZyCrypto

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An electrifying live discussion with Rutherford Atayobo, the brilliant Chief Operating Officer behind SinVerse a groundbreaking metaverse game built on the blockchain that boasts an edgy R-Rated Mafia theme. SinVerse has taken the Web3 universe by storm, captivating the hearts of thousands with its unparalleled immersive and interactive gaming experience that surpasses all others.

In this dynamic conversation, Rutherford will regale us with his insights and experiences on the development and success of SinVerse, sharing stories of the challenges and opportunities that come with building a metaverse game on the blockchain. Have a great read as we dive into the future of gaming and blockchain technology with one of the most innovative leaders in the industry.

Hello, I am Efe Rutherford Atayobo, co-founder and COO of Sinverse, the first R-Rated Mafia Metaverse built on Web3. As an entrepreneur, innovator, and blockchain ecosystem developer, I have been actively involved in the Web3 ecosystem since 2015 . Since then, I have also founded Manilla Finance, Vanilla Network and Cabbie, three highly innovative and scalable web3 projects.

1. Can you describe the background and experience of the team at Sinverse?

Sinverse is led by a team of four co-founders with a diverse range of skills and expertise. Marouane Fikri has extensive experience in economics, tokenomics, and marketing. Constantine Ene has a strong background in Game Development, Artificial Intelligence, Machine Learning, and Augmented Reality. And I, as the founder of Manilla Finance and Cabbie, have managed a technology hub in Web2 & Web3 development. We also have a strong background in the gaming industry, having grown up during the inception of the first 8-bit video game, Nintendo. At Sinverse, we believe in a flat organizational structure that empowers every team member to contribute to the success of the project.

2. What is the plan for Sinverse in the next five years?

As the COO of Sinverse, I am proud to say that we have ambitious plans for the future. Our goal is to become a leading player in the metaverse space by building a decentralized, immersive, and user-friendly platform. We aim to continue developing and expanding our platform, attracting a large and engaged user base, generating significant revenue from activities such as gaming and commerce, and offering investors an outstanding return on their investment. We have already partnered with other projects to build their businesses in our metaverse, such as Kucoin and Caasha, who are coming to Sinverse to build their financial infrastructure in the financial district. Our vision is to create a metaverse where players can carry out crypto-based transactions right inside our platform and drive adoption of Web3 gaming.

3. How does Sinverse aim to impact the future of Web3 gaming?

At Sinverse, we believe that gaming and blockchain technology are a natural fit, and we are on a mission to create a new type of gaming experience that is more immersive, social, and secure. By combining blockchain technology and gaming, we hope to drive the adoption of Web3 gaming and provide a model for other companies to follow. Our platform is decentralized and owned by users, which will empower game developers and users alike, creating a more equitable and democratic gaming ecosystem.

4. When is Sinverse planning to launch, and what is your go-to-market strategy?

As the COO of Sinverse, I can tell you that we are currently in the process of developing our platform and engaging with the community. While we have not yet announced a specific launch date for the full game, our alpha demo is available for gamers to play and we have received an enviable turnout from blockchain gamers. Our go-to-market strategy is to leverage our partnerships and network to build awareness and attract users to the platform. We also plan to incentivize users to join and participate in the platform through rewards programs and other mechanisms.

5. Why did Sinverse choose to build its platform on Binance Smart Chain, and what is the competitive edge of BSC?

We chose to build our platform on Binance Smart Chain (BSC) because it is a blockchain platform that is designed for high-speed and low-cost transactions, making it well-suited for gaming and commerce. Additionally, BSC has a large and active community, which can help to provide support and promote adoption of the Sinverse platform. By building on BSC, we believe that we can provide a competitive edge to our platform and deliver a high-quality user experience.

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A deep dive into the fastest growing R-Rated Metaverse Game SinVerse - ZyCrypto

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March 16th, 2023 at 3:14 pm

Binance US to Delist HNT Token Ahead of Helium Migration to Solana – BSC NEWS

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Arbitrum foundation announced the date for the $ARB token airdrop & DAO governance and 12.75% of community allocation to be distributed on March 23. ARB holders will vote on decisions governing Arbitrum One & Nova networks.

Arbitrum announced to launch of its much-awaited DAO governance and its native $ARB token on March 23.

Today The Arbitrum Foundation is extremely excited to announce the launch of DAO governance for the Arbitrum One and Arbitrum Nova networks, alongside the launch of $ARB. https://t.co/TB3wG0QK0v

According to the Arbitrum Foundation, the launch of $ARB marks the evolution of Arbitrum into a decentralized autonomous organization (DAO). Thus, $ARB holders will be able to decide on key decisions governing Arbitrum One and Arbitrum Nova - networks that provide faster and cheaper transactions on the Ethereum blockchain.

The total circulation of $ARB will be 10 billion. A total of 56% of those tokens will be controlled by the arbitrum community - 11.5% will be distributed to the Arbitrum community, and 1.1% will be distributed to DAOs operating in the Arbitrum ecosystem. Arbitrum DAO will control the distribution of the remaining community tokens through a treasury.

The other 44% of Arbitrum's circulation will go to Offchain Labs - the firm that built Arbitrum. All investor and team tokens are subject to a 4-year lockup, with the first unlocking happening in one year and periodic unlocking throughout the next three.

The Arbitrum Foundation and Offchain Labs worked closely with Nansen throughout the past several months to develop eligibility criteria $ARB token airdrop. They developed a point system based on various metrics of network usage.

Users of both Arbitrum One and Arbitrum Nova both received points. Moreover, early users of Arbitrum One (before Nitro) received more points. Users with three or more points are eligible for the airdrop. However, points were also deducted from users who engaged in Sybil-linked usage patterns.

You can check the point system and discover more about the eligibility criteria here.

Users who want to be part of Arbitrum's governance but do not wish to vote on-chain actively can participate passively through delegation.

Furthermore, Arbitrum included a second mechanism in the form of DAO airdrops, as a way of extending token distribution to new and infrequent users. In accordance with this, only Arbitrum projects with DAO treasuries are eligible.

Among the exceptions to the DAO airdrop was the inclusion of the Protocol Guild, an organization that represents the Ethereum core developers and contributors.

The ARB token will only be used for protocol governance, unlike ETH, which is used to pay Ethereum (and Arbitrum) fees.

The DAO governance in Arbitrum is self-executing, which means its votes will directly effect and execute on-chain decisions without the involvement of an intermediary. The voting process requires a minimum of 2137 days to pass before a proposal can be executed, ensuring users are given time to react to any changes.

Additionally, the Arbitrum Foundation established the Arbitrum Security Council, a 12-member multisig of highly regarded community members that would monitor the security of the chains and can act rapidly when a vulnerability is found. At some point, the DAO can also retire the Security Council if it decides the chain no longer needs its protection.

The Arbitrum foundation also announced the launch of Arbitrum Orbit, a platform for developers to easily and permissionlessly create their own Layer 3 (L3) blockchains. Additionally, Arbitrum Orbit L3 chains will support Arbitrum Stylus, which allows developers to build chains in C, C++, Rust, as well as Solidity.

The Arbitrum DAO will be able to authorize additional Layer 2 chains on Ethereum, regardless of whether they are governed by $ARB, ensuring full community control of Arbitrum.

The Arbitrum One platform was upgraded to Nitro in August. Moreover, a few months ago, Arbitrum announced that ten independent institutional validators had signed up to validate the platform.

The community is exited with the recent announcement.

Congrats to the team, this is huge.

You took your time but you delivered.

According to L2 Beat, Arbitrum has $3.63 billion in TVL in its Ethereum rollup network, Aribtrum One.

Arbitrum is an Ethereum layer-2 network that enables developers to build and deploy highly scalable smart contracts at low cost. You can use Arbitrum chains to do all the things you do on Ethereum use Web3 apps, deploy smart contracts, etc., but your transactions will be cheaper and faster. The flagship product for the team, Arbitrum Rollup, is an Optimistic rollup protocol that inherits Ethereum-level security.

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March 16th, 2023 at 3:14 pm

Ethereum Killer: How Do Projects Outshine Others for Top Spot … – Cryptopolitan

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Ethereum is one of the most popular platforms in the world of cryptocurrency. However, several projects have emerged that are aiming to overtake Ethereum as the leading smart contract platform. These projects, which are often referred to as Ethereum Killers, aim to offer more advanced features, better scalability, and improved security compared to Ethereum.

The term Ethereum killers emerged in 2016/2017 as blockchains such as Cardano rose with the potential to compete with Ethereum. When EOS emerged in 2018, it brought forth something new fast speed and efficiency and an astonishing $4.1 billion raised in funds during the EOS Initial Coin Offering, which was the highest amount ever amassed by a single ICO offering until that time.

Today, EOS is one of the foremost competitors for Ethereums dominance of blockchain technology.

Can there be an Ethereum Killer? The short answer is yes, but its complicated. Despite Ethereum being a powerful platform, it has some major limitations in scalability and transaction fees.

As the popularity of Ethereum continues to grow, these problems become more and more pronounced, leading many developers to look for alternatives that could offer better performance than Ethereum.

Ethereum killers include projects such as EOS, Cardano, Solana, and TRON. Each of these platforms has its own unique features that outshine Ethereum. For instance, EOS has faster transaction times and higher performance than Ethereum.

The blockchain trilemma of scalability, security, and decentralization is something that Ethereum Killers will have to tackle.

The trilemma states it is impossible to optimize all three aspects on a blockchain. Ethereum Killers must prioritize one or two of the aspects and sacrifice the other (s), as there is no way to make all of them work together.

As the technology continues to grow, we can expect projects to continue emerging with the potential to overtake Ethereum as the leading smart contract platform.

It remains to be seen which project or projects will emerge victorious in this race for blockchain supremacy.

There are several factors that set Ethereum apart from its competitors, which make it the most popular smart contract platform in the world. These include:

1. CommunityEthereum has the largest and most active community in the world of cryptocurrency, with millions of users around the globe who have a passion for the project.

2. Developer SupportEthereum has a large, vibrant development community that is pushing forward advancements and innovations to improve the platforms capabilities.

3. Smart contract pioneerEthereum was the first platform to harness smart contract technology, which has revolutionized the way we run applications and opened up a world of possibilities.

4. PopularityEthereums popularity has surged in recent years, with many enterprises and startups building their applications on the platform.

5. ResilienceEthereum has shown its ability to withstand market volatility and is still one of the most valued cryptocurrencies in the world.

These factors, combined with its robust network and wide-reaching community, make Ethereum a formidable opponent for any up-and-coming challenger.

Here are some of the most prominent Ethereum Killers:

Cardano is a third-generation cryptocurrency launched by none other than Charles Hoskinson, one of Ethereums original co-founders.

Differentiating itself from its predecessors, Cardano has taken a research-intensive approach to development, allowing for detailed peer review and intensive testing prior to implementation.

With smart contract capabilities, the platform is primed and ready to become a major player in the crypto space. Whats more because of its tech stack, its believed that Cardano offers enhanced scalability compared to Ethereum. It looks like an exciting time ahead for this impressive crypto project.

Solana is a new but promising smart contract platform that has boasted impressive theoretical speeds, scalability, and low transaction costs since its launch in 2020.

While the project remained stable since its launch, the blockchain has suffered network-wide outages.

However, the incidences have not shaken investors confidence in the platforms scalability claims. This is an indicator of Solanas viability in extreme scenarios; there are few other projects can show similar elasticity amidst technical difficulties of such magnitude.

Avalanche is an impressive fresh development in the blockchain technology world. Combining three chainsX, P, and Cit has created a powerful tool that fulfills the same functions as Ethereum but much more quickly and at lower costs.

This trio of burly assassins allows for token creation, handling of smart contracts, and proof-of-stake validation all within the same system.

Avalanche is a revolutionary force in blockchain technology, allowing users to benefit from faster speeds and more cost efficiency.

Polkadot (DOT)s ability to link different blockchains together and make them communicable makes it stand out among competitors in the crypto space.

Making communications easier across blockchains means developers dont need to start from scratch when transferring value on them.

This accessibility enables investors to make more informed decisions, rather than trading on the currency itself; investors will now be able to trade on technology, its longevity, scalability, and cost savings capabilities.

Polkadot looks set to take over from Ethereum as the go-to blockchain technology, given claims it can solve scalability and cost issues.

Tezos has made a tremendous splash in the world of blockchain technology, making its mark as a major player.

Its smart contract capabilities make it a great venue for issuing projects and digital assets, and its dApp development potential puts it on the map.

With notable projects launched on Tezos in areas like fashion, music, gaming, and art, the platform shows no signs of slowing down soon. Unlike other networks which rely on proof-of-work consensus mechanisms, Tezos was one of the first to employ the more efficient proof-of-stake (PoS) system. Tezos remains at the forefront of innovation for years to come.

Binance is one of the leading cryptocurrency exchanges in the world. It has made a name for itself by introducing innovative technology and features.

One such innovation is its Binance Smart Chain, which is built on similar foundations to Ethereums blockchain but comes with extra functions more suited to advanced crypto traders.

The blockchain allows developers to connect with their audience and potential investors via the Binance trading platform. Of course, because of its centralized system, Binance has seen its fair share of criticism but it continues to be one of the most popular platforms.

Fantom is a very new and innovative smart contract platform. It uses a unique consensus mechanism, called the Lachesis Protocol, that allows for high-throughput transactions, making it one of the fastest networks available today.

The networks throughput can handle up to 10,000 transactions per second, which makes it an ideal option for decentralized applications. Fantom is also notable for its low transaction fees, allowing developers to create dApps and apps at a fraction of the cost compared to other platforms.

The platform has already seen significant success, with prominent projects such as Klaytn launching on it. Fantom looks set to remain an important player in the crypto space for years to come.

Aptos, also known as Aptos Labs, is a web3 startup focused on building a powerful layer-1 blockchain.

Far from being a new entity, developers who worked on Diem found the company, Metas prior blockchain initiative. This provides their project with an invaluable base of experience and knowledge.

To achieve their goal, the team is using elements that were developed for the former Diem chain and Move language, a unique Rust-based programming language developed by Meta. The network also implements Block-STM (parallel execution engine), to process more than 130k transactions per second with low costs for usersmaking it one of the most efficient and cost-effective projects in the space.

Algorand is one of the leading smart contract platforms available. It is famous for its scalability, security and decentralization. Unlike other networks, Algorand does not require miners for verification of transactions, which makes it a much faster network than others.

The platform also uses an innovative consensus algorithm called Pure PoS (Proof-of-Stake) which is far more energy efficient than other networks.

Algorand has seen a lot of success with projects such as Synthetix, Kava, Chainlink, and many others launching on the platform. The network continues to be one of the top contenders in the space and looks set to remain so for years to come.

There can be an Ethereum killer. Ethereum is one of the few blockchain platforms that has gained traction in the mainstream market. However, its scalability and transaction fees are becoming problematic.

For now, Ethereum will remain one of the most popular blockchain platforms in the world. But, the future is unpredictable and new projects will challenge Ethereums dominance. Only time will tell which platform will become the ultimate Ethereum killer.

Until then, we can only wait and see how it plays out.

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Ethereum Killer: How Do Projects Outshine Others for Top Spot ... - Cryptopolitan

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March 16th, 2023 at 3:14 pm


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