Top Project NFT Inspect Announces Return Two Months After Shutting Down
NFT Inspect, a Web3 social intelligence platform that specializes in NFT market analysis, has said it is back in business, via a tweet, on March 24. Previously, NFT Inspect announced on January 4 that it would shut down its operations completely by January 17.
However, the team did say the shutdown may not be irreversible. “We are so grateful for the outpouring of support following our recent announcement. Several parties have come forward with alternative solutions to our original plan of shutting down. As such, we’re deferring shutdown to allow those conversations to continue,” NFT Inspect noted on Jan 11th.
While it is unclear why NFT Inspect decided to get back on track now, the community had been very supportive and offered help. For instance, Twitter user @Hantao, a cofounder at QU3ST_io, offered to utilize the project’s technology for some Web3 games in development. Another Twitter user, @elliottrades, a developer at SuperVerseDAO, offered undisclosed help to the NFT Inspeact team.
NFT Inspect Market Outlook
The announcement to reopen NFT Inspect operation has sparked a lot of attention from the community members, as the Twitter comments section shows. NFT Inspect brought together over 1,000 NFT communities and generated over 175K new NFT connections during its first tenure.
NFT Inspect highlights NFT collections and provides crucial data, including the total number of NFT holders, floor price, total volume and total items in each NFT project. Additionally, the NFT Inspect website provides a collection comparison feature to help users analyze different metrics, including social media following and uniqueness, among others.
According to experts, NFT Inspect has the potential to shake up the worldwide NFT market as it utilizes artificial intelligence (AI) to allow NFT enthusiasts to explore digital artworks on Twitter.
The 2022 cryptocurrency winter took down several very large crypto projects. Additionally, the global crypto regulatory crackdown significantly discouraged many developing teams, which resulted in shutdowns and rug pulls. As a result, some crypto projects with potential growth prospects were forced to cut down their workforce, raise more funds or partner with other projects to survive.
With the ongoing global banking crisis, which has seen the collapse of three regional banks in the United States in a matter of weeks, investors’ confidence in the blockchain, digital banking and cryptocurrency industries has been on the rise. As a result, money flow to the altcoin market is expected to spike, which includes the non-fungible tokens (NFT) industry that is NFT Inspect’s primary niche.
NFT Trading Volume Soars High, Is NFT Fever Back Into the Crypto space?
The post NFT Trading Volume Soars High, Is NFT Fever Back Into the Crypto space? appeared first on Coinpedia Fintech News
The NFT market is gradually regaining its stand in the market after six months of a Bearish trend. Trading volume has increased for four straight months now. The total NFT trading in January 2023 had increased by 38% to $987.9 million from $872.1 million previously. NFT trading volume reached $2 billion in February, with total NFT trading volume on an uptrend, increasing by 91.9%. The trading volume of NFTs reached a low of $545 million in October 2022.
Top Altcoins for the Day-DeFi, NFT Space Lits Up While Traditional Cryptos Wrangle!
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Some of the altcoins are displaying huge momentum and strength that may prevent them from deep dive into a bearish well
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Along with the traditional altcoins, some of the DeFi tokens and NFTs appear to be poised to reclaim the lost levels quickly
Traditional cryptos like Bitcoin, Ethereum, Cardano, Ripple, etc. have been trying very hard to maintain a fine upswing. Some of the altcoins, like XRP, Polygon (MATIC), Dogecoin (DOGE), etc., are rising above bearish captivity. Meanwhile, tokens like Avalanche (AVAX), and Fantom (FTM) lead the DeFi space, and NFTs like Decentraland (MANA), and Enjin Coin (ENJ) lead the NFTs.
Avalanche (AVAX)
- The Avalanche price has been bearish for the past few days and has dropped heavily to reach the lower support
- Interestingly, the price has formed a double-top pattern that has bought the momentum lower which may further drag the price still lower
- The volume has been slashed heavily and largely dominated by bears and hence the momentum is believed to remain lower
- In such case, the price may slice through the neckline of the double top pattern formed and reach the lower support
Fantom (FTM)
- The FTM price has been dropping heavily but within a falling wedge pattern and after testing the upper resistance
- At these levels, if the price fails to slice through the resistance, may face a massive rejection and plunge hard
- In case of a bullish breakout, the price is believed to rise high to reach the upper resistance close to $0.48
- Else, the bearish pullback may drag the price towards the lower support at around $0.36 in the next few days.
Decentraland (MANA)
- The MANA price was trading within a rising ascending triangle until the recent price crash
- The price sliced the lower support of the triangle and is currently testing the interim support levels
- However, the price made a significant comeback as price rebounded fairly since the early trading hours
- Woefully, the price rise failed to make an entry back into the triangle and hence may tet back the lower support
Enjin Coin (ENJ)
- The ENJ price appears to have lost its grip over the market and hence is shedding the notable gains since the beginning of the month
- The Bollinger bands after compressions and expansion have now begun with a parallel trend, indicating less variation in the prices
- However, the price has reached the upper resistance of the band and is preparing to undergo a rejection
- The volume has dropped heavily which is hindering the progress of the rally to a large extent
Cardano’s Top NFT Marketplace, JPG Store, Announces Plans To Empower More Artists Globally
JPG Store improves its site’s language translations to provide easier access for international artists to create NFTs for a global community of buyers.
[ GLOBAL ] – February 28, 2023 – Today, JPG.Store announced the launch of Language Localization, a feature which improves the quality of the site’s translations for the benefit of its global community. This feature launch is part of a larger strategy aimed at providing the non-English speaking world with equal access to opportunity in the NFT economy. With the cost of minting an NFT on Cardano averaging less than $1, the JPG Team is excited for their language efforts to attract and support more creators globally, especially those previously priced out by blockchains with expensive gas fees.
“We’re passionate about creating as much opportunity as we can for all creators,” said Blakelock Brown, CEO of JPG Store. “We’ve proudly paid out millions in royalties to our current NFT creators, but this massive opportunity should belong to all people. Eliminating language barriers is only a small piece of our exciting plans to endlessly empower international artists and collectors alike.”
To ensure users receive high-quality translations which update quickly, JPG Store now uses a global team of human linguists paired with advanced machine language technology to craft the site’s translations. The first languages to be supported are Japanese, Korean, Chinese (Simp), Portuguese, French, and Spanish (LatAm). JPG Store engineers have also developed an auto-translating Discord bot to ensure users of all languages receive the same high-quality customer service the support team is widely recognized for.
“We strive to hire the best minds we can find so we’re a highly diverse team ourselves,” commented Shannon Brown, Cofounder of JPG Store. “We proudly come from over 15 different countries, so nurturing NFT adoption and opportunity globally is something we deeply value on a personal level.”
In a little over a year since its launch, JPG Store has catalyzed Cardano’s NFT industry to reach over $477M in total sales, handling 97% of the blockchain’s current NFT volume. With recent launches of Coti’s new Djed Stablecoin and Liqwid’s DeFi Lending Protocol attracting outside liquidity to Cardano, the JPG team anticipates NFT trading volume to grow alongside its maturing DeFi ecosystem. At time of writing, Cardano ranks as the 4th largest NFT blockchain by volume over the last 30 days.
About JPG Store:
JPG Store is Cardano’s #1 NFT Marketplace that believes in people, the planet, & purpose before profit. They believe in endlessly supporting all creators globally and all supporting creator royalties.
Join their mission to create a brighter future for all. They have got art, hippos, and top-notch community.
Take a look at them who they are and what they can do for you.
MEDIA CONTACT
Juan Veintimilla
[email protected]
(872) 802-1247
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NFT Space in Hot Waters-One of the Highest NFT Dump by a Whale Recorded
Blur token has created a huge buzz within the markets in recent times as it remained one of the most popular tokens throughout the week. Now that the token is set for the second airdrop, a fascinating whale transfer has been recorded. Interestingly, the whale was just not transferred but dumped off booking some profits.
According to the data from Nansen, a popular on-chain analytical platform, Jeffery Hwang, also called Machi Big Brother, is an NFT whale. The data shows the whale has sold more than 1010 tokens for 11,680 ETH, or $18.6 million, which is considered the largest dump ever.
In a series of tweets, Andrew T., Nansen’s simian psychometric enhancement technician, highlighted the trading activity of the past two days. He speculated that Machi may have tried to extract some profits when he bought back 991 NFTs after the dump. He is considered to be the largest whale and hence among the biggest recipients of the BLUR token airdrop.
Overall, the whale may be trying to accumulate huge amounts of tokens ahead of the most anticipated BLUR token airdrop. With the airdrop, the NFT space is believed to get a wider boost that may even uplift the Blur price beyond a dollar too. Presently, the BLUR crypto price is around $0.8457, with a market capitalization of $333.16 million and a circulating supply of 392.19 million.
Expert Confirms: No Connection Between Dapper Labs NFT lawsuit and Ripple vs. SEC Legal Battle
A federal judge has ruled that non-fungible tokens (NFTs) of NBA Top Shot Moments could be considered securities under United States securities laws. The ruling came as the judge denied a motion from Dapper Labs CEO Roham Gharegozlou to dismiss a class-action lawsuit claiming that its NBA Top Shot NFTs are securities.
What Does it Have to do with Ripple?
While some cryptocurrency enthusiasts feared that this ruling could impact the outcome of the ongoing Ripple v. SEC lawsuit, an American lawyer, MetaLawMan, has clarified that this ruling will not affect the Ripple lawsuit.
According to MetaLawMan, the Top Shot decision was a ruling on a motion to dismiss the complaint and assumed all allegations in the complaint were true, whereas the Ripple case is at the summary judgment stage, where the judge looks at the evidence submitted by the parties.
The Top Shot decision does not address secondary market sales of the Top Shot NFTs, and the Judge emphasized in his opinion that not all NFTs offered or sold by any company would constitute a security. The Judge cited the fact that Top Shots traded on a private blockchain run by the issuer as a key factor in his ruling. Ripple, on the other hand, trades on a public blockchain.
The judge’s decision indicates that not all NFTs are securities, and each scheme must be assessed on a case-by-case basis. Ultimately, the judge’s conclusion that what Dapper Labs offered was an investment contract under the Howey test is narrow. For these reasons, MetaLawMan believes that the Top Shot opinion could be considered a net positive for Ripple.
The latest on the Ripple-SEC case is that the unsealing of the contentious Hinman speech records is now again at the center of it all. Most recently, on February 22, journalist Roslyn Layton filed an updated request to intervene to ask the court for access to the Hinman speech, as reported in a tweet by pro-XRP lawyer James Filan.
When Layton submitted her request for disclosure of the speech materials, she claimed that the SEC had mistakenly supplied the materials in support of its own summary judgment petition.
While it is still unclear what the outcome of the Ripple lawsuit will be, this ruling should not have any impact on the case. This news highlights the importance of understanding the nuances of legal cases and not making assumptions based on unrelated legal rulings.
BLUR Token Overtakes OpenSea in NFT Marketplace – Bullish Rally Ahead?
In a stunning development in the world of non-fungible tokens (NFTs), a new player has come up to claim the title of the top NFT marketplace. Blur, a platform that specializes in digital art and collectibles, has surpassed OpenSea to become the leader in the rapidly growing NFT market.
Moreover, the growth of Blur has been described as overwhelming, as it has quickly become the fastest NFT marketplace. Hence, the BLUR token has sparked expectations of an upcoming bullish rally, which may change the map of investors’ portfolios.
Blur Makes Record In The NFT Space!
Blur has been making headlines in the NFT market with its record-breaking sales, shaking up the sentiment of NFT investors. DappRadar data shows that Blur has recorded a 361% surge in Ethereum NFT trades in the last seven days, amounting to a whopping $460 million. In contrast, OpenSea saw a modest 12% uptick in trading volume to reach $107 million during the same period.
According to CryptoSlam, the trading volume of Ethereum NFTs has surged by 155% week over week. This uptick in trading activity follows Blur’s airdrop of its BLUR governance token to NFT traders who earned rewards on the platform and through other exchanges before Blur’s launch last autumn.
Nevertheless, the surge in trading volume observed at Blur seems to be less motivated by traders selling off their BLUR tokens and purchasing high-value NFTs to hold but more so by whale traders who possess substantial NFT holdings and are now flipping NFTs at an even higher rate than before, intending to increase potential future token reward allocations.
What Is Waiting For Blur Token Next?
The Blur token has witnessed solid downward volatility due to the ongoing controversy over royalty fees. Despite the recent surge in trading volume and the overall growth of the platform, BLUR’s value has been relatively unstable due to OpenSea’s step to disincentivize royalties for all platforms.
As of writing, the BLUR token trades at $1.07, with a downtrend of over 12% in the last 24 years. Analyzing the price chart of BLUR is currently not feasible as it either lacks sufficient data on major exchanges or is not listed on them. However, the token has experienced a steep fall from $1.3, forming a crucial support near $1.
The RSI-14 and Stochastic RSI are trading near the start of a bullish region, hinting at an upward push which may soon begin a smooth uptrend for the BLUR token. The next 24 hours are crucial for validating an uptrend in the Blur price chart, as a gain in momentum below the 23.6% Fib level can pave the way to EMA-100 at $1.16. From this price level, a spike in long positions and trading volume can be witnessed with a target of $1.5 due to the overwhelming success of the platform.
The Sandbox joins hands with NFT Technology to enter the crypto world, Enjin Coin backed Efinity approved by Japanese regulators, User-friendly TMS Network is quickly establishing itself as the preferred trading platform
The Sandbox (SAND), powered by Ethereum, is a multiplayer metaverse for blockchain-related games. Players can monetize and participate in blockchain-based games with The Sandbox (SAND). The Sandbox (SAND) now plans to enter the crypto world by joining hands with NFT Technology.
Enjin Coin (ENJ) is an ecosystem that comprises blockchain-based gaming products. The Enjin Coin (ENJ) network is a social gaming platform where users can create clans and websites, host virtual items, and chat with others in the community. With the backing of Enjin Coin (ENJ), Efinity has now been approved by Japanese regulators.
With new centralized platforms launching regularly, the TMS Network’s (TMSN) decentralized platform has received the attention of the trading world. With various resources and an excellent interface, TMS Network (TMSN) aims to provide traders with an innovative way to trade online.
Exciting times ahead as The Sandbox (SAND) token unlock draws nearer
As The Sandbox (SAND) token unlock date draws nearer, the token price seems to have fallen. However, it is worth noting that The Sandbox (SAND) is garnering more attention due to its usability. NFT Technology, a leading tech company, has now collaborated with The Sandbox (SAND) to enter the crypto world.
Such partnerships are expected to increase The Sandbox’s (SAND) trade volume. This has caused The Sandbox (SAND) token price to rise. It is currently at $0.7352. Although The Sandbox (SAND) has shown an exponential increase in the last 30 days, experts are awaiting February 14th to see what impact it could have on its price.
Japanese crypto regulator JVCEA’s approval of Efinity backed by Enjin Coin (ENJ) will change the NFT world
Enjin Coin (ENJ) was one of the first gaming/metaverse tokens that was approved in 2021. As per the Japan Virtual and Crypto Asset Exchange Association (JVCEA), there are only 22 green list tokens, and the Enjin Coin (ENJ) is among them. With the Enjin Coin (ENJ) team being a core contributor to the Efinity token (EFI), it remains to be seen how this affects its price.
The JVCEA is responsible for regulating crypto-asset providers, which involves pre-screening of any new tokens. Efinity (EFI) is among a handful of metaverse tokens along with Enjin Coin (ENJ) to be approved by JVCEA. The price impact is unknown as yet, however, the current price of Enjin Coin (ENJ) is $0.4620.
TMS Network (TMSN) takes away from the traditional methods and provides a platform for easy and transparent trading
Online traders have been on the lookout for a more efficient and faster platform, which TMS Network (TMSN) has provided. With thousands of traders already trading on the decentralized platform, TMS Network (TMSN) is slowly becoming a trusted name in the online crypto trading world. The biggest problem with traditional trading methods is that traders do not have easy access to their funds. With TMS Network (TMSN), that is not the case. TMS Network (TMSN) allows traders to quickly deposit and withdraw via cryptocurrency.
Traders can also enjoy a seamless trading experience with TMS Network (TMSN) and this reflects in its opening trading price of $0.0047. Additionally, current TMS Network (TMSN) token holders will also earn big with the help of the commission revenue model.
For more information on TMS Network (TMSN) please see the links below:
Presale: https://presale.tmsnetwork.io
Telegram: https://t.me/tmsnetwork
Twitter: https://twitter.com/tmsnetworkio
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Ganja Guruz Is Making Waves In The NFT World
Ganja Guruz is a cutting-edge NFT on the BudBlockz platform that is quickly making a name for itself in the digital art and collectibles world. The platform offers a wide range of unique, one-of-a-kind NFTs that appeal to collectors and art enthusiasts alike.
One thing that sets Ganja Guruz apart from other NFT platforms is its focus on cannabis-themed art and collectibles. Whether you are a fan of marijuana culture or appreciate the aesthetic, you’ll find something to love on this platform. From stunning digital paintings and illustrations to unique 3D models and animations, there’s something for everyone.
Let’s dive into why Ganja Guruz is making waves in the NFT world.
BudBlockz (BLUNT) Ganja Guruz NFT is a Unique Investment
BudBlockz (BLUNT) Ganja Guruz NFT is an example of a good NFT to invest in, with its alluring real-world applications. BudBlockz NFT allows you to obtain fractional ownership in the cannabis market. It gives you access to a percentage of dispensaries and farms and the ability to earn yearly dividends. In addition, you will receive exclusive membership bonuses and discounts at all participating partner stores. The art design concept was created with video games from the 1990s in mind, making it a work of art.
The total collection of 10,000 exclusive NFTs will be released at a reasonable, predetermined price. BudBlockz (BLUNT) NFT is thus one of the best investments for 2023. One of the most exciting aspects of Ganja Guruz is its vibrant and engaged community. The platform is home to a growing number of artists, collectors, and enthusiasts who are passionate about digital art and cannabis culture. Whether you are just starting with NFTs or a seasoned collector, you’ll find a welcoming and supportive community on Ganja Guruz.
Why it is Essential to Own Ganja Guruz
Ganja Guruz NFTs capture the cannabis community’s real fun and freedom spirit. However, they play an essential role in the BudBlockz (BLUNT) business model. Specifically, Ganja Guruz is the key to accessing and enjoying the BudBlockz gaming arcade. Some meme coins, such as Shiba Inu (SHIB), could have done something similar in the past. Ganja Guruz, on the other hand, distinguishes itself from similar coins by supporting the BudBlockz network’s business innovations.
Holders of Ganja Guruz are considered full members of the BudBlockz ecosystem. They have access to the cannabis marketplace, the BudBlockz arcade, and the NFT platform. Investors who purchase Ganja Guruz become partial owners of BudBlockz cannabis-related businesses such as cafes, dispensaries, and farms.
The Advantages of Buying BudBlockz’s (BLUNT) Widely Anticipated Ganja Guruz NFTs
Unlike most NFT marketplaces, which only promote and sell NFT-related products and collectibles, Ganja Guruz holders can participate in the value chain. They enjoy the privilege of designing and creating their own cannabis-inspired NFT collectibles. They can then market and sell their Ganja Guruz NFTs on the platform’s marketplace.
The NFT holders can also sell their stakes and fractional ownership to anyone, including non-BudBlockz (BLUNT) community members. It will provide a one-of-a-kind opportunity for Ganja Guruz holders to diversify their income beyond their BudBlockz (BLUNT) tokens and Ganja Guruz NFTs.
Ganja Guruz is already making waves in the NFT world. It is a platform worth checking out if you are interested in NFTs, digital art, or cannabis culture. With its unique focus and vibrant community, it is an excellent platform for anyone looking to explore NFTs and find something unique and valuable.
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Cryptocurrency News Today: Decentraland (MANA) To Reclaim the NFT Top Spot, But Will it Hit $1 in January 2023?
The Decentraland (MANA) price has seen a significant increase since the beginning of the year, indicating its potential for further growth. The price had been heavily trading within a descending trend since the market collapsed in May 2020.
However, after reaching a bottom below $0.3 just before the end of 2022, the MANA price broke through the crucial resistance at $0.6 and reached yearly highs around $0.758.
The upward trend was initially fueled by bullish market sentiment as the Bitcoin price rebounded, along with a significant increase in GitHub activity. Additionally, a major boost came from the announcement of a collaboration between the “Australian Open” tennis tournament and Decentraland.
With the current upward trend in the Decentraland price, the question remains whether the bullish momentum will be sustained and reach the next target of above $1.
The price has broken above the descending trend line it had been following throughout the second half of 2022 and is currently trading within these gained levels, leaving little room for bearish actions.
The bullish pressure has accumulated heavily due to which the price may maintain a notable upswing to reach the initial target close to $1 very soon.
In the meantime, the whale accumulation has intensified which had dropped heavily soon after the collapse of the FTX exchange. Whales holding tokens in the range of 100 million to 1 billion have become active.
However, it should be noted that a significant portion of the supply, around 50% around 1.23 billion, is held by whales who have been accumulating since December 2022. These whales hold nearly 1% of the entire circulating supply and may have a major impact on the upcoming MANA price rally.
This means that a pullback may be expected if these large holders begin to liquidate their holdings, as they did following the collapse of the FTX exchange. Therefore, the possibility of a short-term bounce appears high, which may trap bulls for a longer period in the coming days.
BONK’s Bid For Survival: New NFT Release Amidst Crypto Market Recovery
Last week, we witnessed a fervent frenzy surrounding the new Solana-based meme token, Bonk (BONK). Although we harbored hope that it would sustain its momentum, we couldn’t help but suspect that it would eventually fizzle out, as is often the case with new meme tokens. Indeed, this phenomenon has occurred multiple times within the industry.
As reported by CoinPedia, BONK’s value skyrocketed by approximately 3,000% within a matter of days last week. However, as of this writing, it has experienced a dramatic 10% drop within a 24-hour period. It appears that Solana and BONK are now striving to salvage the meme token from oblivion.
BONK’s Non-Fungible Tokens
On January 10th, BONK planned to release more than 15,000 NFT collectibles on the Solana-based marketplace, Magic Eden. These NFTs, intended for use as profile photos on platforms such as Instagram and Twitter, were developed in conjunction with established Solana-based NFT initiatives and feature artwork created by members of the Solana community.
Holders of the “Gods” NFT collection on Solana will be granted priority in minting the Bonk collectibles, and will receive a share of the collection as a reward for their contributions to the project. Additionally, a portion of 8,000 from the total supply will be exclusively mined for BONK wallets.
It was reported that these profile photos serve no practical purpose and were intended to exist only as works of art. Minimum purchase for the mint will be set at $25 in BONK and all secondary transactions will be made using SOL.
Furthermore, any BONK that is collected will be destroyed and erased from existence, and a portion of the royalties earned from sales following the launch will be used to purchase and burn BONK forever. This is a possible factor that led to the decrease in BONK’s market value.
Moreover, several SOL whales cashed out their shares at a time when rumors were circulating on Twitter suggesting that BONK would be dumping.
Top NFT project, DEGODS, To Depart SOL for ETH,DOGE Continues To Show Mixed Signals, Snowfall Protocol Looks The Best Pick 2023
DeGods and y00ts to bid Solana Farewell and Migrate to Ethereum in 2023
DeGods, a Solana (SOL) NFT titan, has introduced its departure from Solana in choice of the famous Ethereum (ETH) community. The main NFT assignment on Solana (SOL) has said that it’s going to officially bridge to Ethereum (ETH) withinside the first sector of 2023, including that “info of the bridge can be launched while it is geared up and tested.” Solana can even lose its y00ts NFT series to the Polygon community. $DUST token, which powers each y00ts and DeGods, can also be bridged to Ethereum (ETH) and Polygon (MATIC).
$0.1 Remains the Goal as Canine Coin Dogecoin’s Momentum Remains Erratic
Dogecoin (DOGE), Elon Musk’s favoured dog coin, Dogecoin (DOGE), has prolonged its unpredictable fee motion into the ultimate week of 2022. Currently buying and selling at around $0.07475, Dogecoin (DOGE) has dropped 1.43% on the day at the same time as posting a 1.31% weekly gain.
There are presently feasible situations for Dogecoin’s fee motion. On the only hand, Santa’s rally should nonetheless be underway, and we should see Dogecoin (DOGE) rally to $0.10 way of means of the quit of the yr. On the opposite hand, the maximum current financial data, which suggests that 2023 may get off to a completely rocky start, with a worldwide recession and good-sized risk-off movements ahead, should purpose Dogecoin to fall even further.
Snowfall Protocol Is the Hot Pick of Every Astute Investor For 2023
While high-cap altcoins like Solana (SOL) and Dogecoin (DOGE) keep fading, traders are transferring their interest to smaller-cap altcoins which maintain splendid promise—like Snowfall Protocol (SNW).
Snowfall Protocol (SNW) has established fantastic capacity as a marketplace chief and a blue-chip cryptocurrency, all at the same time as nonetheless withinside the presale degree. Snowfall Protocol (SNW) has been constructed at the disasters of preceding cross-chain answers to create the primary cross-chain protocol answer that permits the switch of assets—each fungible and non-fungible—throughout extensively used EVM and non-EVM well-matched chains.
Snowfall Protocol (SNW) is largely a forerunner to a brand new era of cross-chain answers. Its software on my own offers Snowfall Protocol (SNW) an aggressive benefit over different cross-chain answers.
During the 3 rounds of the presale, the Snowfall Protocol (SNW) atmosphere has grown tremendously. In rounds one and of the presale, which took place to coincide with the autumn of FTX and panic withinside the crypto-verse, Snowfall Protocol (SNW) become a hit in attracting sufficient traders to elevate greater than $4 million. The 2nd stage drew this type of big variety of traders that it even bought out early.
Snowfall Protocol (SNW) token fee has been extended via way of means of greater than 300% withinside the 0.33 spherical, and it now stands at $0.17. What’s greater, the 0.33 price per token is already 78% bought. If all degree 3 tokens promote out, Snowfall Protocol (SNW) will release at $0.2.
Snowfall Protocol (SNW) local token, SNW, serves as each a governance and a staking token. Stakers will stake SNW tokens in atmosphere swimming pools for moneymaking rewards primarily based totally on the blockchain and staked amount.
In the following bull marketplace, Snowfall Protocol (SNW) is anticipated to pump as much as 5000%. This makes now a splendid time to buy Snowfall tokens (SNW) and journey the wave to the moon:
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Top Solana NFT Collections Migrate To Polygon, Snowfall Protocol Sells 200 million+ tokens In 2 Months
The crypto market is an exciting place to be right now. With so many new projects and coins coming out, it can be difficult to decide which one to invest in. In this article, we are going to talk about the recent developments of some of the most well-known cryptocurrencies in the market today: Snowfall Protocol (SNW), Cardano (ADA), and Polygon (MATIC).
Cardano (ADA) sharks buy up 11% of the total supply
Over the past two months, Cardano (ADA) sharks have started being active again. Beginning in early November, these Cardano (ADA) wallets have been accumulating hundreds of millions of dollars worth of tokens. As of the beginning of November, these wallets held roughly 10.5% of the entire Cardano (ADA) supply. In contrast, after purchasing an additional 330 million Cardano (ADA) tokens for a total of $83,000,000, the percentage is presently at 11.60%, almost 6 weeks later.
The major increase in shark purchases will have possible long-term effects on the value of the digital asset. The value of Cardano (ADA) is likely to rise as a result of such a large influx of investment. Although the shark movement was intended to reverse the downward trend that Cardano (ADA) has been experiencing, the current market conditions have prevented the same. In the last 30 days, Cardano’s (ADA) value has dropped 18%, to $0.26.
Solana NFT Collections to soon shift to Polygon (MATIC)
Both y00ts and DeGods, the two largest NFT collections on Solana, have stated their intention to move to other blockchain like Ethereum (ETH) and Polygon (MATIC) in 2023. Thus, Ethereum and its Layer-2 solution, Polygon (MATIC), are set to become the next stop for digital art collections. Ethereum was never questioned, but allegations quickly spread that Polygon (MATIC) had offered financial incentives to encourage projects to move to its platform.
Solana Labs’ co-founder accepted this incident in stride, commenting on claims that Polygon (MATIC) financed the projects, and DeGods founder hasn’t refuted it either. Many in the crypto community now believe that the NFT collection will not be relocated to Polygon (MATIC) for the advantages it provides, but rather because of the price paid.
Polygon (MATIC), as a cryptocurrency, has struggled in 2022. The price of Polygon (MATIC) has decreased from $1.60 a year ago to its current price of $0.81, a loss of approximately 70%.
Snowfall Protocol (SNW) favored by millions of crypto lovers
With its recent meteoric rise in price, Snowfall Protocol (SNW) has caught the eye of many eager buyers. Snowfall Protocol (SNW) is the first platform to enable fungible and non-fungible token exchange across multiple blockchains without the need for third-party intermediaries.
Snowfall Protocol (SNW) will release its dApp soon, which will allow users to trade assets across multiple, EVM-compatible and non-EVM-compatible blockchains. By return on investment, Snowfall Protocol (SNW) token ranks among the top performers in the DeFi market. Since its early presale stages, the popularity of Snowfall Protocol (SNW) has increased tremendously, leading to sales of over 200 million tokens in just two months.
Owing to the Snowfall Protocol (SNW) unique features and use case, its price has gone up by more than 400%. Upon its launch in January 2023, some analysts predict that the price of Snowfall Protocol (SNW) will have increased by 5000%. Leading market analysts predict that Snowfall Protocol (SNW) will be the next 1000x token and would completely turn the crypto market’s current situation around. At the time of writing, the price ofSnowfall Protocol (SNW) is $0.14, however, it is expected to increase dramatically in the near future.
Get in while you can and invest in Snowfall Protocol (SNW) today!!!
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OnePlanet, NFT MarketPlace and Sandbox Network Team up to Help Expand MTDZ, Korea’s leading YouTube Network
OnePlanet, a Polygon based NFT marketplace partnered with Sandbox Network to support and expand MetaToyDragonZ (MTDZ), the most prominent YouTube Multi-Channel Network in South Korea.
With the partnership, OnePlanet will support MTDZ to expand to the Polygon ecosystem and reach a broader range of global users. OnePlanet will also provide launching and marketing support to Meta Toy City, a P2E game project based on the IP of MTDZ. This will involve offering minting and marketplace service, based on the experience of collaborating with key game projects on Polygon such as Derby Stars and Tower Token by Animoca Brands.
Sandbox Network is the leading YouTube Multi-Channel Network in South Korea, with more than 3 billion monthly views of content created by its partners in the gaming, entertainment, and sports industries.
Sandbox Network has created the NFT Meta Toy DragonZ on Klaytn and connected creative individuals to the vibrant Web3 community. To further their ecosystem, they plan to launch Meta Toy World (MTW) and incorporate multiple blockchain-based games and metaverse projects.
Testing the limits of the blockchain realm
Furthermore, OnePlanet has agreed on future partnerships to onboard promising Sandbox Network projects to the Polygon ecosystem. By leveraging the Polygon network and OnePlanet platform, projects can benefit from the advantages of a secure blockchain infrastructure, the ability to tokenize and trade digital assets, and the opportunity to collaborate and create meaningful experiences with users.
OnePlanet is committed to expanding the uses of NFTs and providing an accessible platform for developers and creators. Its mission is to create an NFT platform that allows holders to build, share and discover more possibilities with their NFTs. OnePlanet also engages in partnerships with promising projects to provide technical and ecosystem support, such as minting services and marketing support.
According to OnePlanet CEO, Pryce Cho, “We are pleased to bring great partners to Polygon, the most suitable ecosystem for projects to expand globally. OnePlanet will continually support our partners to settle and grow on Polygon.”
Through its partnership with Sandbox Network, OnePlanet is set to provide developers and creators with the necessary tools to create and explore the possibilities of NFTs.
RankerDao Launches NFT Badges, Allowing Users To Earn Money In a Bear Market
A new intersection of gaming & crypto is getting momentum across the world, where gamers are now finally rewarded for their skills.
The success of Axie Infinity & emergence of Games has shown us how Web3 is disrupting the gaming industry, also impacting millions of gamers to earn by playing games & having fun.
What is Ranker Dao?
RankerDAO has announced the launch of its all-new NFT Badge series, allowing users to earn money in the bear market.
RankerDAO is a decentralized autonomous organization that enables the collective community of crypto adopters to earn money by playing games.
The whitelist badges give players the chance to participate in and earn from RankerDAO’s upcoming IGOs,
while the gaming badge allows players to apply for scholarships, take part in giveaways, and request new games to be added to the NFT collection. RankerDAO also offers exclusive coaching for its members and access to its inventory of NFTs.
How can you earn money?
You can enjoy their Inventory of NFTs and participate in upcoming IGO or exclusive community events, tournaments, coaching sessions, and much more by becoming a RankerDAO Badge holder.
There are two types of RankerDAO Badges that you can own
RankerDAO Gaming Badge
RankerDAO Gaming Badge is your All-in-one ticket to P2E and will bring you more fun, more games, and more tournaments.
Their super-intelligent team will help you level up & sharpen your gaming skills by bringing the next generation of tutorials designed specifically for P2E games to help you excel.
So you can Rip through levels in any game like a pro! While having a lot of fun.
- Apply for scholarships
- Participate in exclusive giveaways
- Request any game you wish to be added to their NFT collection
RankerDAO Whitelist Badge
With the RankerDAO whitelist badge, you’ll be the first to experience new games & get a chance to get Investment slots in their Upcoming IGOs.
Their super-intelligent team analyses every aspect of a game in-depth before bringing it to you.
With True In-Depth Research, they’re ready to support upcoming AAA games to accelerate through the Gamefi landscape.
- Participate in upcoming IGOs backed by True In-Depth research
- Get First-hand experience with RankerDAOs partner games
If you need any assistance please join their Discord server and their team will be happy to help.
Get Connected
Website: https://www.RankerDAO.com
Medium: https://www.medium.com/@RankerDAO
Discord: https://discord.gg/RankerDAO
A Marketplace And An NFT Platform
The NFT revolution is already here
Over the last decade, the CBD sector has been showing tremendous growth that is matched only by a handful of emerging industries. From merely 108 million USD in sales in 2014 in the US, CBD products generated nearly 2 billion USD in 2022 alone. That is a growth of almost 20 times over the span of just 8 years. The industry is projected to reach 47.22 Billion by 2028 at an annual growth rate of over 21%.
While the use of cannabis plants dates from ancient times with a variety of different purposes and use cases such as pain alleviation, in cooking, as a remedy for sleep disturbances and many more, scientific research of CBD on its effects on human health has been going on for just 80 years. Over the last two decades, there has been a considerable progress of research in understanding how CBD affects the body, with multiple studies confirming some of the revolutionary properties of the substance for a variety of conditions. FDA approved drugs containing CBD such as EPIDIOLEX are used to treat seizures associated with epilepsy in both children and adults. Cancer patients undergoing chemotherapy are prescribed CBD to combat the symptoms associated with the aggressive treatment such as loss of appetite, weight loss and lack of sleep.
There are also many other use cases of CBD that are not yet conclusively confirmed but are showing promising preclinical results, including as a pain relief medication or an antidepressant. Some studies suggest potential benefits for some of the most deadly diseases including heart problems and high blood pressure. If confirmed, CBD can potentially become an alternative to some of the currently available medications for a multitude of conditions that have either limited efficiency, unwanted side effects or both.
Enter the Qoomed ecosystem
Qoomed is combining two emerging industries together – the CBD sector and blockchain technology. The project is focusing on harnessing the potential synergy effects between the two by identifying key ways that the advantages of blockchain – such as its transparency, immutability and freedom of transactions – can be applied to the CBD industry.
Qoomed creates the first comprehensive ecosystem for the CBD industry that provides access to high quality CBD products for consumers, various tools for CBD sellers and companies, as well as the first NFT marketplace that allows CBD artists to get a whole new world of possibilities to monetize their work in a cost-effective and profitable way.
The Qoomed marketplace connects sellers and buyers of CBD products directly and lists a variety of high quality products from well-known brands in the sector – Harmony, Osiris, Evielab, Huile, Playboy, Alpaisia and many more. A high product variety consisting of oils, edibles, cosmetic products such as creams, lotions, ointments, balms as well as many others awaits buyers on the Qoomed marketplace. What is more, Qoomed introduces multiple tools for sellers that allow them to better manage their orders, maximize their customer lifetime value, set up their own CBD dropshipping business and many more. Last but not least, the marketplace is the first in the CBD industry to offer cryptocurrency payments.
Recently, Qoomed also launched the first NFT platform for the CBD sector called 420.work. It allows artists and NFT hunters to mint, buy and sell unique NFTs that are focused on art pieces from the CBD and cannabis sectors. Fees and royalties are openly disclosed and paid in the native QOOMED token, which offers a variety of benefits to its holders. Additionally, every artist has their own sub page where all currently submitted NFTs are displayed. The process is greatly simplified and is similar to how the best NFT marketplaces like Mintable and Opensea work.
A new era for the CBD market
With the Qoomed marketplace and the 420.work NFT platform, the project creates a whole new world of possibilities for everyone involved in the CBD sector. The mission of the company is clear – to ultimately drive the adoption of the CBD industry further by improving the conditions for all stakeholders through both the power of blockchain technology that has already disrupted multiple sectors and by embracing new concepts that have never been implemented before.
Both the Qoomed marketplace for CBD products and the NFT platform are already live. You can register on 420.work to take a look at the currently available NFTs or even create your own. If you are interested in high quality CBD products, head over to Qoomed and explore the wide variety of different categories listed for sale.
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Plona (PLON) Might Surpass Solana (SOL) And Ethereum (ETH) As The Next NFT Coin
In a bear market, many investors look for alternatives to big coins like Bitcoin (BTC) and Ethereum (ETH). Others look to other Web3 aspects like NFTs and the Metaverse. While Ethereum (ETH) and Solana (SOL) have stood out as the most sought-after NFT coins, Plona (PLON) might be the next token to outshine these two, with good reasons.
How is Plona (PLON) different?
Plona (PLON) is going to change the world of NFTs. If you have bought or traded NFTs, you will know that NFT traders and enthusiasts usually load up on Ethereum (ETH) or Solana (SOL) to buy their favourite projects. But Plona (PLON) is the native token of a much more robust NFT ecosystem; luxury cars. So, while you can use Ethereum (ETH) and Solana (SOL) to buy into different projects that might not work out, buying Plona (PLON) is a direct investment into NFTs into a peculiar NFT concept.
Plona (PLON) is the world’s first platform that allows users to own a fraction of luxury cars as NFTs. You might have been dreaming of buying your first Porsche. Maybe you aped in on a crypto coin, hoping to buy a Lambo quickly. Well, now you can be a step closer to that dream. Not only would you get the chance to own a Lambo partially, but when Plona (PLON) moons, you can also own your own Lamborghini!
Make more money with Plona (PLON) NFTs.
Plona (PLON) does not allow you to own fractions of luxury cars alone; it also enables you to do something you can do with a physical luxury car: use it as collateral. You can use your Plona (PLON) NFT as collateral for loans since it is backed by a physical vehicle.
Then again, owning the Plona (PLON) token makes it easier for you to survive a bear market. How? Apart from being backed by physical luxury cars, Plona (PLON) is deflationary. The token’s team will reduce its supply by occasionally burning it. When the coin starts getting high demand after a burn, you know what that means for your wallets. So even when the whole market is dipping, taking Solana (SOL) and Ethereum (ETH) with it, your NFT’s value still stands solid because luxury cars hardly depreciate rapidly like crypto coins.
Plona’s (PLON) presale is currently on, and you do not want to miss the opportunity to cash in on this potentially massive token before it moons. Remember, a coin is usually cheap at presale, and with a solid utility like this, it can potentially deliver mouth-watering returns to investors.
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Rasta Beach Club – The Free Mint NFT collection expected to light up the Ethereum Blockchain
Rasta Beach Club is a generative NFT Art collection. The bright & vibrant collection combines over 140 individual traits, each assembling in variety to form 10,000 unique Rasta characters. The collection is a community-centric project focused on good art & good vibes.
The Rasta Beach Club has become increasingly popular amongst investors in the industry given it’s strong foundations, clear vision and also due to the fact it is a free mint!
The Market
The NFT Market has been the topic of much speculation over recent weeks. Following the collapse of the FTX exchange, investor uncertainly has loomed larged over the future of NFT’s & Cryptocurrency.
However, this uncertainty and apprehension has been somewhat short lived following several very successful NFT launches in just the last week. Rasta Beach Club hope to be the next of these case studies providing further reassurance that the NFT space has a bright future ahead.
Metaverse & the future
Aside from the existing features of the project, the team have also announced their plans to build multiple immersive Metaverse experiences that will be exclusive to Rasta Beach Club NFT holders.
The Mint
The Rasta Beach Club NFT’s are available to mint now – Free!
For full details, head to the website below where you will find instructions of how you can get involved.
Website – artek.al/rbc
Twitter – https://twitter.com/rastabeachclub
Contact – Mitch Lees
Email – [email protected]
Disclaimer: This is a press release post. Coinpedia does not endorse or is responsible for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company.
AAA NFT Game BudBlockz Could Surpass Decentraland In 2023
The crypto landscape offers an immersive virtual gaming experience through its GameFi tokens. GameFi tokens bridge the gap between gaming and finance. Despite the market downturn, many cryptocurrencies enjoy massive adoption and popularity among investors and crypto enthusiasts. BudBlockz (BLUNT) is a new coin prepared to sweep many cryptocurrencies off their feet in the market.
GameFi tokens are constantly evolving, and with BudBlockz Tokens NFT Game, the token will solidify its stay in the crypto market. The platform, focused on the legal distribution of cannabis-related products, uses a play-to-earn (P2E) model that allows users to earn while playing games. BudBlockz combines the features of NFT Gaming and GameFi in its ecosystem.
Let’s see how the BudBlockz NFT Game will surpass Decentraland.
Decentraland (MANA) Offers an Inclusive Gaming Experience
Decentraland (MANA) is a decentralized cryptocurrency gaming platform. It was among the first businesses to use blockchain technology and the Metaverse system. Decentraland (MANA) users can engage in activities like trading, creating, and exploring the site while immersed in a 3D virtual world. Decentraland (MANA) supports peer-to-peer communication and other sorts of in-world interactions.
The decentralized network has a superior DAO compared to other gaming cryptocurrencies. Users can vote and participate in critical platform decisions when they possess MANA, the platform’s token. Users may engage with the platform and enjoy a fully immersive experience with the other features when they have the token. You do not need a Bitcoin wallet to participate in the games featured on the site. You will, however, be able to make purchases within the game if you have one of them.
Venture investors fund Decentraland, which operates on the Ethereum (ETH) blockchain and uses the ERC20 token as its currency. Decentraland offers people a virtual reality experience and a digital realm they can own.
BudBlockz (BLUNT) is Bringing Back Old Games
BudBlockz (BLUNT) is an e-commerce platform that is Ethereum-compatible and connects enterprises and companies in the cannabis industry to the worldwide market. Community members can engage in various activities, from meeting new people and playing games to finding stores worldwide and buying different marijuana products and accessories.
The Ganja Guruz series is a colorful group of digital works of art that have been printed 10,000 times, and 1990s video games inspired these artworks. BudBlockz (BLUNT) wants to use the potential of decentralized solutions like NFTs, cryptocurrencies, and the blockchain to change the cannabis industry massively in the future.
The BudBlockz Arcade is a retro gaming collage centered around the cannabis industry. It includes some of the best games that were released in the 1990s. The BudBlockz Arcade is the world’s first play-to-earn gaming platform, built around cannabis and cryptocurrencies.
BudBlockz Arcade is a virtual reality gaming experience that unites cannabis and cryptocurrency fans worldwide. It is based on trustworthy and secure blockchain technology.
Since it also has GameFi features, players at BudBlockz Arcade can win $BLUNT, ETH, and NFTs by competing in various cryptocurrency competitions. Players can earn $BLUNT simply by playing their favorite old games. When you play in the Arcade, your Ganja Guruz NFT will serve as your profile avatar.
To mint your own BudBlockz Ganja Guruz NFT visit: https://budblockz.io/nfts
Once on the page click the “Mint Now” button and connect your ERC20 compatible wallet. You will be able to mint your Ganja Guruz NFT for 0.09 ETH.
Purchase or learn more about BudBlockz (BLUNT) at the links below:
Official Website: https://budblockz.io/
Presale Registration: https://app.budblockz.io/sign-up
New Blue Chip NFT Collection
Why is BudBlockz in the News?
BudBlockz has been designed as a decentralized e-commerce platform for exploring trade, product development, research, and business opportunities in the global cannabis market. With BudBlockz, entrepreneurs and corporations working in the cannabis sector can look forward to securing legal access to an industry that till now has been heavily regulated.
It is built on the Ethereum blockchain, which makes it compatible with leading blockchain networks and digital wallets. Its plans include setting up cannabis farms and dispensaries worldwide to boost product development, market access, research, educational initiatives, and trade. Plus, over the long term, it would assist marijuana entrepreneurs and firms in ramping up their growth trajectory by tackling issues like problems in fundraising, logistical challenges, seed-to-sail tracking, and data management. It has also rolled out a native token called $BLUNT which will be used for staking, liquidity pool acquisition voting, accessing rewards, and signing petitions. The token supply has been fixed at 420,000,000 units and will be available on presale. The $BLUNT token is built on Ethereum’s ERC-20 protocol.
BudBlockz has garnered many positive reviews from cryptocurrency analysts because of its security features and growth potential. Many analysts who have reviewed the platform believe it has higher growth potential than many other top-performing cryptocurrencies as it gives its users multiple sources to earn passive income. Plus, as it incentivizes participation with rewards, users are amply compensated for their loyalty.
Regarding security, the platform ensures transparency in its operations while paving the way for permissionless participation. The platform has got its smart contracts audited by third-party institutions like Solidity Finance. A key feature of the $BLUNT Token that inspires investor confidence in the cryptocurrency is its deflationary model. The team burns the tokens frequently to keep their supply scarce intentionally. A limited supply tames down price fluctuations and stabilizes the value of the $BLUNT Token. The platform organizes ‘How High’ token burn events for the same purpose. At the same time, if any $BLUNT Tokens remain unsold during token generation events, they will also be burned.
How can BudBlockz Help Investors Mint New Gains?
BudBlockz has been courting popularity for quite some time now. One of the key reasons behind investor interest remains the multiple opportunities to earn passive income in an industry that is often seen as heavily regulated. Users can access attractive rewards by staking the $BLUNT tokens. Given BudBlockz’s policy of incentivizing user engagement, the more the users participate, the higher the rewards will be.
Blue Chip Ganja Guruz NFT Collection
BudBlockz will launch a limited-series non-fungible token (NFT) collection. With a total supply of 10,000 units, these NFTs are inspired by popular video games of the 1990s, and the collection is called ‘Ganja Guruz.’ These assets are built on the ERC-721 standard of the Ethereum blockchain.
By buying these NFTs, users will also be able to become fractional owners of the cannabis dispensaries and farms that BudBlockz plans to set up. Fractional ownership works like a regular investment wherein users can earn a dividend.
Another option that BudBlockz offers to its users is its play-to-earn BudBlockz Arcade gaming ecosystem. BudBlockz Arcade comprises a range of arcade games inspired by popular video games from 1998. On winning, they stand to win rewards in terms of $BLUNT Tokens. These rewards will be airdropped and immediately credited to the players’ linked wallets. What’s more, is that NFT owners can use their Ganja Guruz NFT as a digital avatar in these arcade games. While buying these NFTs, buyers can choose from a range of avatars that sport different characteristics and interests, like cannabis, anime, and gambling.
To mint your own BudBlockz Ganja Guruz NFT visit: https://budblockz.io/nfts
Once on the page click the “Mint Now” button and connect your ERC20 compatible wallet. You will be able to mint your Ganja Guruz NFT for 0.09 ETH.
Purchase or learn more about BudBlockz (BLUNT) at the links below:
Official Website: https://budblockz.io/
Presale Registration: https://app.budblockz.io/sign-up
Goblintown.wtf NFT Holders Buy in on Toon Finance Presale
In the growing market of NFTs and cryptocurrency, you will be experiencing many new coins and NFTs. Nowadays, many crypto companies are offering unique NFT characters, and their ideas are different. One NFT company that has been making some noise in the market is the Toon Finance Coin.
During its presale round, the Toon Coin broke some unexpected records. The high demand from investors and such good rates attracted many people worldwide. Toon Finance Coin is not only an NFT but also a meme coin, a new digital asset in the market.
Even various NFT holders even bought some Toon Finance Coins during the presale. For example, many Goblintown.wtf NFT holders got their hands on Toon Finance Coin during the presale.
So what is the hype all about, and what attracted the Goblintown.wtf NFT holders of Toon Finance Coin?
What Was The Toon Finance Coin Presale About?
Many people who missed the presale now wonder about the hype. Let’s start from the beginning to help you understand it better.
Toon Finance Coin is one of the latest crypto and NFT companies entering the market. However, Toon Finance is not like any other cryptocurrency company. Before the presale, the company announced their plans and what they plan on achieving.
Toon Finance is ECR20 compliant, they have made a Toon Finance Protocol. This will help investors and crypto lovers deal with all types of digital assets, including NFT, through their platform. They can sell, buy or trade digital assets through the Toon Finance Protocol.
Not only this made their presale a huge success, but investors loved their unique NFT characters. In addition, the NFTs at presale were sold at very good rates compared to other NFTs such as Dogecoin or Talmadge.
In addition, at the presale, the Toon Finance team announced that they will soon launch 10,000 unique NFT characters. The best thing was that the first 1,000 characters would be airdropped to their first 1,000 team members.
This showed a great chance for early collectors to become a part of their community and enjoy the perks. Since the Toon Finance Coin is not released, news about that will be shared to the community first before the release.
Lastly, the Goblintown.wtf NFT holders were seen buying Toon Finance during the presale. But what is Goblintown.wtf NFT?
What Is Goblintown.wtf NFT?
Known as the world’s strangest NFT, many people claim that this project is irrelevant. However, the Goblintown.wtf is the latest NFT that went live in May 2022.
Goblintown.wtf is a project that launched 10,000 NFT characters on its website. According to many people, the NFT characters offered by Goblintown.wtf look unpleasant compared to others. They look more like a mixture of goblins and zombies.
But no matter how the characters look, the NFT shook the world. During the launch, everyone wanted to collect some NFTs. And many people did get their hands on the NFTs.
But as soon as Toon Finance Coin was launched and started making headlines, even the Goblintown.wtf NFT holders could hold themselves back. So what makes Toon Finance Coin a better NFT than Goblintown.wtf holders have to get them?
Why Goblintown.wtf NFT Holders May Have Bought Toon Finance Coins At The Presale?
NFT collectors, investors and lovers only head for such coins where they see growth, utility and profit. At the start, the Goblintown.wtf was a different project compared to others, and collectors had to get them to see what the project was about. But with time, people saw it as an irrelevant project.
And that is when the Toon Finance Coin made headlines and attracted all the market collectors towards it. So what makes Toon Finance different? Here is all you need to know about it.
1. Better Utility
The utility of an NFT in its metaverse plays a very vital role. The better the utility, the more convenient it is to trade, sell and buy that NFT outside the metaverse layer.
The Toon Finance Coin being ECR20 compliant tells you everything about its utility. The Toon Coin is made through the Ethereum blockchain, making it easier for collectors to get their hands on Toon NFT and meme coins.
In addition, the utility for many collectors is a very important factor when deciding whether they should invest. The utility for goblintown NFT is stated clearly by their team on the official website in bold words. “No roadmap. No Discord. No utility.”
This says all you want to know about the utility of Goblintown.wtf NFT.
2. Secure Investment
Your secure investment is very important when it comes to digital assets, be it any crypto coin, NFT, meme coin or any other. Undoubtedly, investing in digital assets can sometimes be risky, and there is no physical presence of them. This has been the topic of debate since the creation of digital assets.
However, if known and trusted organizations or standards back digital assets, then the risk is reduced. And this can be a reason why many investors would want to invest in such an asset.
Toon Finance Coin offering high security and being one of the safest choices is why it gathered a huge fan following. In addition, the Toon Finance Coin operates through the DEX, which makes it a secure option compared to other digital assets.
Due to this, no hacker can hack into your account and steal your coins. Such tough security may not be offered by Goblintown.wtf. The goblintown NFTs can be bought and sold at various secondary marketplaces, which can affect its secure transaction.
3. Unique and Attractive NFT Characters
An NFT character being unique is what the real essence of this asset is. If the character is not unique, and you have seen similar characters for sale elsewhere, you may not be convinced to get it.
This is why Toon Finance not only gave a hint of their unique characters at their presale, but also their attractive meme coins were the talk of the town.
At the presale, the team announced they will release 10,000 unique NFT characters soon. Such NFT characters will be airdropped with the mint passes. In addition, getting the Toon Finance NFT at the presale was important for goblintown NFT holders.
Having the Toon NFTs at an early stage will help them become a part of their community and enjoy a good profit in the future. Lastly, the Toon Finance Protocol has big plans for its early investors, so you have to be there.
4. Unimaginable Growth
As mentioned before, you would already know that growth for an NFT is a very important deciding factor as a collector or investor. You would never invest in such assets if there is no foreseeable growth.
The goblintown NFT holders and the entire market saw the growth that Toon Finance Coin will soon achieve. Even at the presale, it broke many records and sold out in no time.
Many investors were left out due to the limited numbers of coins being for sale at the presale. In addition, the Toon Finance Coins were sold at very affordable rates at the presale.
That gathered the attention of goblintown NFT holders, and everyone came for the Toon Finance Coin.
5. Decentralized Operation
For many cryptocurrencies, you have to contact several intermediaries to get a good rate for such coins. In addition, these intermediaries charge you a fee that adds to the cost of your investment. For example, you have to purchase Goblintown.wtf NTF from secondary markets which can take time and cost you a bit more than the market price.
The Toon Finance Coin ends the role of intermediaries and secondary marketplaces for its trading. This is all due to their decentralized operations.
This is known as the Toon Finance Protocol, and the team is dedicated to improving it for the users every day. The protocol makes trading and exchanges a lot more convenient for their users. You don’t have to pay any extra fees or charges to carry out transactions here.
Unlike other wallets where you might store your goblintown NFT, you have to pay additional charges. However, things are different at Toon Finance.
This saves you from paying additional costs and having yourself an affordable investment. In addition, the Toon Finance Protocol has offered its roadmap on its official website for potential investors.
Through the roadmap, you can better understand what the Toon Finance team has planned for the future. Not all cryptocurrencies give the public such insight about their plans and growth.
Final Words
Offering so many different features might be the reason why Goblintown.wtf NFT holders bought in many Toon Finance Coins at the presale. Now all the NFT holders are waiting for various projects to be launched by Toon Finance in the future.
The Toon Finance Coin is at an early stage, and even being such an early asset, it has made a remarkable place in the market. This itself shows the growth the coin is going to have.
Get your Toon Finance coins today. Click here to access the presale interface or find out more here:
Presale: https://buy.toon.finance/
CoinMarketCap: https://coinmarketcap.com/currencies/toon-finance/
Disclaimer: This is a press release post. Coinpedia does not endorse or is responsible for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company.
ClubRare Embraces E-Commerce Side Of Crypto: Metaverse Focuses On Shopping, Real-Life NFT And Gaming Hosts 100k Competition
ClubRare, the world’s first full-stack physical NFT marketplace, has begun to expand internationally in response to the expansion of the Ethereum network. The team is an initiative launched to provide cutting-edge Web3 solutions in the retail and online shopping sectors.
The platform’s goal is to create a Web3 marketplace focused on physical goods collected by collectors, serve as a link between the virtual and real worlds, and give users more control over their own lives in both spheres.
In addition, ClubRare is notable for its backing of ClubRare Node, a global e-commerce infrastructure platform for Physical Creators. This ClubRare Node allows Creators to provide their Physical goods to people worldwide without paying for costly distribution networks or servers.
There are ClubRare Nodes in 18 other countries. E-commerce and Web 3.0 specialists from the United States, Canada, Europe, South America, and Asia work together to form this international group.
Further, Sandbox, MXN Holdings, Budweiser, MetaZ, Relevant Customs, Naeem Khan are among the platform’s significant partners.
One and Only “Phygital” Worldwide
ClubRare is creating a commercial and physical distribution model with collectors at its core. Being native to Web3, the platform enables people to interact with creators, share their work in the Metaverse, and bring their virtual experiences into the real world.
At the center of ClubRare’s world is its marketplace, a community-owned, decentralized trade platform.
The Phygital NFT Marketplace offers a full stack to content makers and businesses who wish to trade physical goods based on NFT.
ClubRare Is Empowering, Rewarding, And Community-Owned
ClubRare infrastructure is decentralized. The team uses a community-driven platform to have direct conversations with its users.
Indeed, a system where users have a say in how it is run, where users earn rewards for trying out its product, and where users earn as the system grows in prominence is a unique one. This is the principle upon which ClubRare was established.
A $100,000 Prize Drawing
To show support of early adopters, the team has organized the event that will go on until november ends, involving a $100,000 prize pool as part of an LP Competition event.
The LP Competition event started on November 2nd. The Club’s rare tokens worth $100,000 will be given out to the community’s first members as part of the campaign. This month, the second beta version of ClubRare’s online marketplace will also be published.
Amazingly, ClubRare Partners Day comes up in December, and it will be hosted at the same time both in the Metaverse and New York city. This tells that tons of perks and opportunities are available to all users.
Display of Customized NFTs in the Virtual World
With beta released not long ago, long time holders now can get a glimpse of the future.
ClubRare gives collectors their little corner of the Metaverse. Also, collectors can set up virtual showcases in the Metaverse to show off their prized possessions.
This showcase may be linked to other metaverse environments and functions as a little, individualized version of the Metaverse. Mini-metaverses can also be created on ClubRare by anybody, from corporations to individuals looking to spread brand awareness.
One’s mini-metaverse, inside and out, will be customized to reflect the individual’s style and interests.
Contributing to the influx of physical creators through the Sustainable Token Economy
ClubRare is pushing adoption through empowerment of down to earth, physical creators.
Unlike other ventures that promise a lot but don’t deliver, ClubRare is creating sustainable businesses within the ecosystem.
In addition, the platform offers a solution to the issue of authenticity and trust via NFT and a physical NFT trading system.
This solution enables users to trade hundreds of tangible objects at any time, from any location, and any day of the week, without physically transferring the commodity itself.
Wrapping up, ClubRare provides physical creators with backend solutions. Simply put, ClubRare is a hub that facilitates not just the effortless fabrication of physical NFTs by physical creators but also their connection to and incorporation with Metaverse.
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Terra LUNA To Introduce NFT Minting on its Blockchain
The Terra Luna ecosystem has introduced a new feature geared towards NFT minting on its blockchain. According to a detailed step-by-step YouTube tutorial, digital art enthusiasts can now mint NFTs on the Terra Luna network with minimal technical knowledge.
Following the Luna-UST crash earlier this year, the Terra ecosystem is working hard to regain its lost glory. Moreover, the Terra network had grown to the top ten coins by market capitalization, over $40 billion, before the May crash.
Through its strong online communities, the Terra network has risen from the ashes in the past few months. Notably, the Terra Twitter account boasts over 1 million followers.
The NFT market has shown tremendous potential, particularly in the metaverse and play-to-earn industry. Additionally, the NFT market is largely unregulated, thus a soft spot for speculative trading.
Terra Luna Market Outlook
The Terra Luna ecosystem has attracted significant investment from developers and angel financiers seeking to tap into its vibrant community dubbed the #Lunatics. Furthermore, blockchains have shown a high correlation between online communities and long-term prosperity.
The Terra Luna ecosystem recorded high onchain activity in September, with several protocols launching on the blockchain. The LNS (Luna Name Service) network launched their on-chain profile tool, where users can register a .luna domain last month.
Additionally, Soil Protocol completed phase 2 of its roadmap by launching new Terra NFT tools. The Zodiac Protocol went live last month on Terra’s testnet in preparation for the mainnet release.
Other notable on-chain activities on Terra blockchain during September included the Coinhall release of its DEX aggregator, Hallswap v3. Meanwhile, TerRarity also launched its NFT aggregator in September, whilst Harbor Protocol announced an airdrop to LUNA stakers.
Consequently, Luna’s price has gained approximately 55 per cent in the last two months to trade around $2.39 at reporting time. Nonetheless, the asset has lost approximately 87 per cent from its ATH, around $18.87, which was set on May 27.
According to market data provided by Coingecko, Terra Luna has a market capitalisation of approximately $378,949,521. Additionally, the Terra Luna network reported a daily traded volume of $127,000,112. Notably, the Luna tokens have a circulating supply of 160 Million coins and a total supply of 1.04 Billion.
By tapping into the NFT market, the Terra Luna network anticipates adding more to its on-chain activity. Moreover, decentralised application developers are seeking a relatively reliable and affordable blockchain to build.
As such, the Terra Luna ecosystem is determined to provide the safest smart contract in the layer two industry.
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Mushe World Gears Up For The Iconic NFT Release Following CoinGecko Listing
Non-fungible tokens (NFT) have greatly benefited their creators and holders. These digital assets are visas into the metaverse. Blockchain technology serves as a host to cryptocurrencies and NFTs, generating wealth for many users. Some NFTs are worth several hundred dollars (or tens of ETH), and many more will be worth more as the market for them enlarges.
Many existing cryptocurrencies offer their users access to their in-house NFTs. Big cryptos like Ethereum (ETH) make it easy for many standalone NFT collections because it gives room for developing dApps. Mushe Token (XMU), one of the rave of the moment and the most anticipated cryptocurrency, is about to launch its NFT collections. The XMU token is boosted, and thousands of investors will enjoy massive rewards.
Let’s see what Mushe World has to offer following the CoinGecko listing.
Mushe Token integrates physical and online interactions for its users.
Mushe Token (XMU) allows users to conduct peer-to-peer transactions and gives them a chance to receive rewards and partake in the platform’s governance. XMU, the native token, grants its holder access to the ecosystem’s numerous benefits. The Mushe Token ecosystem is intended to foster both virtual and physical connections. Users can use the ecosystem’s entirely decentralized social platform, MusheChat, to send messages to all of their friends and family members.
The Mushe Wallet, which can serve as a storage for any digital asset, including cryptocurrencies, NFTs, and others, is another useful component of Mushe World. The Mushe Wallet allows you to hold, purchase, and transfer crypto assets across various blockchain networks.
Mushe’s banking services platform’s multi-chain interoperability makes it simple to buy and sell metaverse assets such as NFTs from various blockchain networks. Mushe Token holders can hang out with other fun-seeking community members, play tons of play-to-earn games in the MusheVerse, and take advantage of all of Mushe Token’s best features in one convenient location.
Mushe is set to launch its NFT collection.
Since Mushe World launched on the UniSwap blockchain, the coin has enjoyed an increase in patronage. Investors and crypto enthusiasts are beginning to see what to look for from the coin. However, the Mushe World team has more on its plate. The Mushe NFT collection is set to launch on October 31, 2022, on OpenSea.
The Mushe NFT collection comprises unique digital illustrations minted on the Ethereum blockchain. Earlier this week, Mushe was listed on CoinGecko, a laudable feat for this new coin. One of the predictions for the Mushe NFT is that the collection will sell out in less than 72 hours.
Mushe NFTs are the newest generation of investment artwork because they are more than just digital collectibles. The Mushe World protocols enable NFTs to access lots of services and goods. It’s best to jump on board early because thousands of people look forward to this iconic NFT release.
The Mushe NFTs are essential to this ecosystem because they allow easy access to many fascinating features. Mushe NFTs can be purchased from various NFT marketplaces and verified on the blockchain. Early Mushe adopters will be rewarded with NFT sales, eventually returning platform ownership to the users. Mushe intends to establish a people-oriented digital monopoly in the DeFi market by providing ordinary people access to the MusheVerse platform through ownership of Mushe NFTs.
It’s almost time for the Mushe NFT Collection release. Are you ready for it?
How To Purchase Mushe (XMU)
For newcomers looking to get involved and buy Mushe token, you will need a compatible ERC20 wallet such as Metamask or Trust Wallet, which will need to be connected to UniSwap or you can use the MusheSwap website.
Once the wallet is connected to UniSwap, you will need to press the swap button and specify Mushe (XMU) contract address: 0x56123908ACA89bf60cE9659aE9F4589E46c8D2cF or you can click the link here:
After this, all that is left to do will be to confirm the amount of XMU tokens you would like to buy and the crypto you would like to exchange for it and complete the swap.
Learn more about Mushe (XMU)
Official Website: https://www.mushe.world/
Community Links: https://linktr.ee/musheworld
XMU Contract: 0x56123908ACA89bf60cE9659aE9F4589E46c8D2cF
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Uniglo.io Reportedly Working On Exclusive Solana NFT Collection With Rapper Post Malone And Cool Cats Creators
Following the pre-determined roadmap tells a lot about the project. It means the team is serious about the business and committed to its long-term goals. Uniglo’s partnership with major firms and individuals in the field was a part of its to-do list from the beginning, and they have not failed us.
The recent collaboration announcement with rapper Post Malone and Cool Cats creators on the exclusive Solana NFT collection has sparked excitement in the community, indicating Uniglo has a bright future ahead.
Introducing To Uniglo.io
Uniglo (GLO) is a relatively new DeFi protocol that employs an asset-backed vault to provide volatility resilience. The vault will function as a community-based mutual fund, housing a variety of major and minor cryptocurrencies, digitized real-world assets, NFT collections, stablecoins, etc. Together with dual burning methods, these assets will support the GLO price, allowing it to stay stable while others decline.
The utilization of NFTs enables Uniglo.io to enter a new and expanding market. It is a smart move that will boost the company’s visibility and income. Sandbox (SAND), Decentraland (MANA), and SuperRare (RARE) have already been acquired for the GLO vault, with a new Solana-based NFT collection forthcoming.
Who Is Rapper Post Malone?
Rapper Post Malone has become the latest celebrity to promote a popular NFT project and a cryptocurrency corporation.
In his most recent collaboration with The Weeknd, a music video for “One Right Now,” Malone acquired an NFT from Bored Ape Yacht Club (BAYC), one of the world’s largest NFT collections, which has 10,000 distinct digital treasures live on the Ethereum blockchain. The rapper is emerging as a new leading NFT influencer, working on several exciting collaborations.
According to sources, Uniglo and Cool Cats makers are joining Malone to release a new NFT collection that will be accessible exclusively on the Solana blockchain.
What Are Cool Cats NFTs?
Cool Cats is a 9,999 randomly generated NFT collection. Each Cool Cat NFT is made up of a multitude of distinct characteristics. There are approximately 300,000 conceivable combinations of unique figures, heads, hair, caps, goggles, clothes, and so on.
The overall transaction volume of Cool Cats is presently nearing $300 million.
Cool Cats NFTs were released in July 2021 and quickly made a name for themselves. The collection swiftly rose to third place in terms of popularity and sales volume.
Therefore, collaborating with such a successful and experienced team would significantly boost Uniglo’s awareness.
Why Is Solana A Good Pick For NFTs?
Solana is a high-performance blockchain that uses the Proof-of-History consensus process, which employs several protocols to execute transactions with high throughput – more than 60,000 transactions per second (TPS).
Typically, transaction fees in Solana are less than one dollar. Numerous NFT applications and collectors are switching to Solana to take advantage of its scalability and inexpensive transaction costs.
Therefore, Solana is becoming a hotspot for general NFTs as developers have greater leeway to create their applications without facing technological restrictions.
Although Solana’s ecosystem is not as large as Ethereum’s, it is still expanding. Since 2022, Solana’s user base has been growing far quicker than Ethereum’s, and experts have predicted that it might eventually surpass Ethereum.
Adopting Solana-based NFTs might also significantly improve Uniglo’s efficiency. NFTs are the future of digital assets, and since Solana is becoming a popular alternative for building unique collections, this collaboration could give Uniglo a more solid foundation.
Final Thoughts
With this newest partnership, the Uniglo team demonstrates its dedication to innovation and developing new ways to leverage blockchain technology. Uniglo has shown fantastic potential during its ICO phase, getting investors excited for the upcoming launch.
For More About Uniglo:
Join Presale: https://presale.uniglo.io/register
Website: https://uniglo.io
Disclaimer: This is a press release post. Coinpedia does not endorse or is responsible for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company.
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Toon Finance Blasts Past $Vechain $Fil $Ape $Egld $Hbar NFT Airdrop
Toon Finance races past other top meme coins
Toon Finance is building a decentralized app where users can swap tokens on the ethereum blockchain as well as some play to earn options with an NFT metaverse. This is huge for the Ethereum blockchain. Toon Finance Coin Presale
Crypto experts have been talking about this for quite some time now over the last several years since meme coins started taking off and becoming a billion dollar industry. And what they have found is that users and investors who find these projects early during the ICO phase have a much better chance of making 1000x returns.
The ToonFi DEX swap is going to change the way users use and trade crypto. Have you ever heard of Pancake Swap? Well Pancake swap is a swap platform with a lottery and many other exciting features. The only issue is that Pancake swap is owned by the Binance platform and therefore only services the Binance network.
Toon Finance offers features that will impact and become a very resourceful tool to users in the Ethereum community. Toon Finance will offer more options than Pancakeswap such as there play to earn option and also there raffle. Crypto Market Experts say that this is what makes Toon Finance a good opportunity for users in the community.
Crypto Market Experts from across the globe have been analyzing the patterns of these meme coin ICO drops, what they offer to the community and how to get into these early so that users have the best possible long term outcome.
The new thing seems to be where these meme coins will do stages and what this does is offer early investors and incentive and this is the reason these are so popular amongst the crypto defi community. Toon Finance will be a game changer for sure.
The Toon Finance Developers are very active on social media and you can find out more about Toon Finance and how you can purchase your very own Toonie Tokens.
How To Purchase Toon Finance
All you have to do is download a multi chain crypto wallet. This is going to be your crypto bank account. Once you have downloaded an app like MetaMask or TrustWallet which are two major multi chain wallets you are now ready to load it with Ethereum.
Next you will go to the Toon Finance buy page and connect your wallet to the website. Once you have connected your wallet you are now ready to purchase your Toon Tokens. All you have to do now is enter in the amount of tokens you want in ETH and click “Buy” . It is that simple. Now you are ready to enter The Toonie Verse. See ya in space. Toon Finance Protocol
Introducing VeChain (VET): The Enterprise-Grade Smart Contract Platform
In the world of blockchain, there are a lot of options for businesses and enterprises looking to launch their own projects or tokens. But which platform is the best fit for your needs?
we’ll introduce you to VeChain (VET), an enterprise-grade L1 smart contract platform that’s versatile and scalable. We’ll cover what VeChain is, how it works, and some of its key features. By the end of this post, you should have a good understanding of whether or not VeChain is the right platform for your project.
What Is VeChain (VET)?
VeChain (VET) is a public blockchain platform that’s designed for enterprises and businesses. It offers a robust suite of tools and features that businesses can use to launch their own projects or tokens. Some of the key features of VeChain include:
- Scalability: VeChain can handle large amounts of data and transactions thanks to its efficient Byzantine Fault Tolerance consensus algorithm.
- Security: VeChain uses a variety of security mechanisms to protect its network, including hardware security modules and multi-party computation.
- Privacy: VeChain supports both public and private transactions, giving businesses the flexibility to choose which type of transaction is right for them.
- Interoperability: VeChain integrates with other blockchains, allowing businesses to create cross-chain applications.
How Does VeChain Work?
VeChain uses two different types of tokens to power its network: VET (VeChain Tokens) and VTHO (VeThor Tokens). VET is used to represent value on the network and can be used to create smart contracts or launch new projects. VTHO is used to pay for transaction fees on the network. Every time a transaction is made, a small amount of VTHO is burned. This helps to keep the network secure by making it expensive to launch attacks.
In addition to VET and VTHO, VeChain also has a governance token called VGOV. VGOV tokens are used by token holders to vote on decisions about the future of the network. Token holders can also earn rewards for participating in governance.
Key Features of VeChain
VeChain is an enterprise-grade blockchain platform with a variety of features that businesses can use to launch their own projects or tokens. Some of the key features of VeChain include:
- Scalability: Thanks to its efficient Byzantine Fault Tolerance consensus algorithm, VeChain can handle large amounts of data and transactions without slowing down.
- Security: VeChain uses hardware security modules and multi-party computation to protect its network from attacks.
- Privacy: VeChan supports both public and private transactions, giving businesses the flexibility to choose which type of transaction is right for them.
- Interoperability: With support for cross-chain applications, businesses can easily integrate VeChain into their existing infrastructure.
If you’re looking for an enterprise-grade blockchain platform that’s versatile and scalable, then you should definitely consider VeChain (VET). With support for public and private transactions, cross-chain applications, and a variety of other features, VeChain has everything you need to launch your next project or token.
What is Filecoin?
Filecoin is a decentralized storage system that aims to “store humanity’s most important information.” The project raised $205 million in an initial coin offering (ICO) in 2017, and initially planned a launch date for mid-2019. However, the launch date for the Filecoin mainnet was pushed back until block 148,888, which is expected in mid-October 2020.
Filecoin is open protocol and backed by a blockchain that records commitments made by the network’s participants, with transactions made using FIL, the blockchain’s native currency. The blockchain is based on both proof-of-replication and proof-of-spacetime. In this article, we will take a closer look at what Filecoin is, how it works, and what the future holds for this ambitious project.
How Does Filecoin Work?
The Filecoin network incentivizes nodes (called “miners”) to store data by paying them rewards in FIL tokens. When a user wants to store data on the network, they select a miner and send a transaction containing the data and payment to that miner.
The miner then stores the data and sends a receipt to the user to confirm that the data has been stored correctly. This receipt contains a cryptographic hash of the data, which serves as proof that the data has been stored correctly and can be retrieved at any time.
To ensure that data is stored correctly and consistently over time, miners are required to periodically send “heartbeat” messages to the network containing proof that they are still storing the data correctly.
If a miner fails to do this, their deposit is slashed (i.e., they lose part of their FIL token balance) and they are removed from the network. In addition, every time a user retrieves data from the network, they must pay a small fee to the miner who stores that data. These fees are also paid in FIL tokens.
The Filecoin team has developed two different types of storage Proofs: Proof-of-Replication (POR) and Proof-of-Spacetime (PoSt). POR proofs are used to prove that data has been replicated across multiple storage devices (e.g., hard drives), while PoSt proofs are used to prove that data has been stored for a specific amount of time (e.g., weeks or months).
Miners must generate both types of proofs in order to receive rewards from the network. PoSt proofs are generated continuously over time, while POR proofs are only generated when new pieces of data are added to the storage network.
What Is The Future Of Filecoin?
Filecoin has already raised over $200 million from some of the biggest names in venture capital, including Andreessen Horowitz, Sequoia Capital, and Winklevoss Capital. In addition, several high-profile organizations have pledged their support for the project, including Protocol Labs (the organization behind IPFS), Coinlist (a digital asset investment platform), and Libertus Capital (a cryptocurrency hedge fund).
With such strong backing from both institutions and individual investors alike, it seems likely that Filecoin will continue to grow in popularity as more people become aware of its existence.
Filecoin is a decentralized storage system that uses cryptography and blockchain technology to incentivize nodes (called “miners”) to store data on its network. Miners are paid rewards in FIL tokens for storing data correctly and consistently over time. In addition, every time a user retrieves data from the network, they must pay a small fee to the miner who stores that data.
Fees are also paid in FIL tokens. The project has already raised over $200 million from some of the biggest names in venture capital, including Andreessen Horowitz, Sequoia Capital, and Winklevoss Capital. With such strong backing from both institutions and individual investors alike, it seems likely that Filecoin will continue to grow in popularity as more people become aware of its existence.”
Why is Toon Finance blowing past ApeCoin?
ApeCoin is a governance and utility token used by the APE Ecosystem to incentivize and empower a decentralized community that is building at the forefront of web3. The ApeCoin DAO, which is controlled by ApeCoin holders, governs itself via a decentralized governance framework, and votes on how the ApeCoin DAO Ecosystem Fund should be used. Proposals that are agreed upon by ApeCoin holders are administered by the APE Foundation.
ApeCoin has a total supply of 1 billion tokens, with a circulating supply of 500 million. The token was created in 2017 and is an ERC-20 token built on the Ethereum blockchain. ApeCoin holders can use their tokens to vote on proposals, earn rewards for participating in the ecosystem, and purchase products and services within the ecosystem.
The APE Ecosystem includes the following components:
- The ApeCoin DAO: This is a decentralized autonomous organization that is governed by ApeCoin holders. The DAO manages the ApeCoin Ecosystem Fund, which is used to finance projects that build the ecosystem.
- The APE Foundation: This foundation administers proposals that are agreed upon by ApeCoin holders.
- The ApeCoin Wallet: This wallet allows users to store, send, and receive ApeCoins. It also allows users to vote on proposals and participate in the ecosystem.
- The ApeCoing Exchange: This exchange allows users to buy, sell, or trade ApeCoins.
- Apeswap: This is a decentralized exchange built on the Ethereum blockchain that allows users to trade ERC-20 tokens.
ApeCoin is an ERC-20 governance and utility token used within the APE Ecosystem to empower and incentivize a decentralized community building at the forefront of web3. The total supply of ApeCoin is 1 billion tokens, with a circulating supply of 500 million.
The token was created in 2017 and is an ERC-20 token built on the Ethereum blockchain. Holders of ApeCoin can use their tokens to vote on proposals, earn rewards for participating in the ecosystem, and purchase products and services within the ecosystem. Apecoin is a meme coin that is basically for the Bored Ape Yacht club community and serves no real purpose like other meme coins, for example Shiba inu coin is a meme coin with utility. They have SHIBswap which is a DEX. Toon Finance also is coming out with a DEX, the new meme coin presale that has been all over the news lately. These are meme coins with a purpose.
Toon Finance and Elrond Making Waves in the Crypto World
Elrond is a blockchain protocol that seeks to offer extremely fast transaction speeds by using sharding. The project describes itself as a technology ecosystem for the new internet, which includes fintech, decentralized finance and the Internet of Things. Its smart contracts execution platform is reportedly capable of 15,000 transactions per second, six-second latency and a $0.001 transaction cost. In this blog post, we’ll take a closer look at what Elrond is and how it plans to revolutionize the world of blockchain.
What Is Elrond?
Elrond is a blockchain protocol that seeks to offer extremely fast transaction speeds by using sharding. The project describes itself as a technology ecosystem for the new internet, which includes fintech, decentralized finance and the Internet of Things. Its smart contracts execution platform is reportedly capable of 15,000 transactions per second, six-second latency and a $0.001 transaction cost.
How Does Elrond Work?
Elrond uses a technique called “sharding” in order to achieve its high transaction speeds. Sharding involves splitting the network into multiple smaller sub-networks, each of which can process transactions in parallel. This means that more transactions can be processed overall because they are not limited by the speed of a single network.
In addition to sharding, Elrond also uses something called “Adaptive State Sharding”. This is a technique that further improves transaction speed by only processing the data that is necessary for each particular transaction. This reduces the amount of data that needs to be processed overall, which makes transactions even faster.
Why Is Elrond Important?
Elrond is important because it has the potential to revolutionize the way we use blockchain technology. Its high transaction speeds and low costs make it ideal for use in a wide range of applications, from payments to supply chain management. In addition, its use of sharding means that it is scalable and can handle increasing numbers of transactions without any decrease in performance.
Elrond is an exciting new blockchain protocol with the potential to change the way we use blockchain technology. Its high transaction speeds and low costs make it ideal for use in a wide range of applications, from payments to supply chain management. In addition, its use of sharding means that it is scalable and can handle increasing numbers of transactions without any decrease in performance. If you’re interested in investing in Elrond, be sure to do your own research before making any decisions.
All You Need to Know About Hedera Hashgraph (HBAR)
Hedera Hashgraph is a distributed ledger technology (DLT) platform that offers a new way of reaching consensus in a decentralized network. Its creators claim that it is faster, more efficient, and more secure than other existing DLT platforms such as Bitcoin and Ethereum. In this article, we will take a closer look at Hedera Hashgraph and its native utility token HBAR.
What Is Hedera Hashgraph?
Hedera Hashgraph is a distributed ledger technology (DLT) platform that offers a new way of reaching consensus in a decentralized network. Its creators claim that it is faster, more efficient, and more secure than other existing DLT platforms such as Bitcoin and Ethereum. In this article, we will take a closer look at Hedera Hashgraph and its native utility token HBAR.
Hedera Hashgraph was founded in 2016 by Leemon Baird and Mance Harmon. Baird is a computer science professor and the inventor of the hashgraph algorithm on which the platform is based. Harmon is a former software engineer at Google and the US Air Force.
The team behind Hedera raised $124 million through an initial coin offering (ICO) in August 2018. The ICO was one of the largest of its kind at the time and saw significant interest from both institutional and retail investors.
Hedera launched open access to its mainnet just over a year later in September 2019. As part of the ICO, investors were able to purchase the platform’s native utility token (HBAR) at the lowest possible pricing.
HBAR is currently listed on over 30 cryptocurrency exchanges including Binance, Huobi Global, OKEx, Kraken, and Upbit.
Hedera Hashgraph is a distributed ledger technology (DLT) platform that offers a new way of reaching consensus in a decentralized network. Its creators claim that it is faster, more efficient, and more secure than other existing DLT platforms such as Bitcoin and Ethereum. In this article, we have taken a closer look at Hedera Hashgraph and its native utility token HBAR. If you are thinking about investing in HBAR, make sure to do your own research first and consult with a financial advisor.
Overall these are all successful crypto projects, Toon Finance is a newer project that is still in presale and it is all over the place from outlet to outlet news and crypto experts have been covering the day to day story and how the project works. This is an opportunity for those who are interested in meme coins or investing in crypto in general.
Disclaimer: This is a guest post. Coinpedia does not endorse or is responsible for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company.
Top 4 NFT Projects With Utility Coin BAYC ApeCoin Degods Y00ts Toon Finance
Top NFTS with Utility Coins
You may have heard of NFTs, or non-fungible tokens, in the news recently. They’ve been gaining a lot of attention in the crypto world and for good reason. So, what exactly are NFTs such as Bored Apes and Toonies and why are they so popular? Let’s take a closer look.
NFTs are digital assets that are unique and cannot be replaced by another identical asset. This is in contrast to fungible assets which can be replaced by other identical assets. For example, one Bitcoin is interchangeable with another Bitcoin. But an NFT might represent a digital artwork that is one-of-a-kind and cannot be replaced.
NFTs are stored on a blockchain, which is a distributed ledger that records all transactions chronologically and publicly. This means that the ownership of an NFT can be verified transparently and immutably.
The most famous application of NFTs is in the form of cryptocurrency, but they can also represent other things like loyalty points, gaming items, or even real-world assets like property or art.
The popularity of NFTs lies in their ability to represent unique digital assets in a way that is secure, immutable, and transparent.
This makes them ideal for use cases like online gaming, where virtual assets need to be tracked and traded securely. It also makes them attractive to artists and creators who want to sell their work online without worrying about piracy or counterfeit copies.
NFTs are digital assets that are stored on a blockchain and are unique and cannot be replaced by another identical asset. The popularity of NFTs lies in their ability to represent unique digital assets in a way that is secure, immutable, and transparent.
This makes them ideal for use cases like online gaming, where virtual assets need to be tracked and traded securely. It also makes them attractive to artists and creators who want to sell their work online without worrying about piracy or counterfeit copies. If you’re looking for a new investment opportunity, NFTs may be worth considering.
What is a BAYC Bored Ape NFT?
You may have heard about Non-Fungible Tokens or NFTs in the news recently. They are a new type of cryptocurrency that is taking the world by storm.
NFTs are unique, digital assets that can be used to represent anything from art to collectibles. One of the most popular NFTs right now is the BAYC Bored Ape. In this blog post, we will explain what a BAYC Bored Ape is and how you can get your hands on one.
The BAYC Bored Ape is an NFT that was created by the artist Beeple. It is a digital image of an ape that is, well, bored. The ape is sitting in front of a green screen with its arms crossed and a blank expression on its face. Despite its simple appearance, the Bored Ape has become one of the most sought-after NFTs due to its creator’s fame and the current craze for all things crypto.
How Can I Get a BAYC Bored Ape?
If you’re interested in owning a BAYC Bored Ape, there are a few ways to go about it. The first option is to buy one from Beeple himself. He occasionally puts them up for sale on his website, but they usually sell out very quickly.
The second option is to buy one from another collector. There are many websites and forums where collectors list their NFTs for sale, so keep your eyes peeled for a Bored Ape that’s up for grabs. Finally, you can try your luck at one of the many online auctions that are being held for Beeple’s work. Good luck!
The BAYC Bored Ape has become one of the most sought-after NFTs due to its creator’s fame and the current craze for all things crypto. If you’re interested in owning one, there are a few ways to go about it.
You can buy one from Beeple himself, buy one from another collector, or try your luck at one of the many online auctions that are being held for Beeple’s work. Whichever route you choose, we wish you the best of luck in your quest to own a piece of digital history.
Apecoin Bored Ape Utility Coin
Apecoin: The New Crypto on the Block
Apecoin is a new cryptocurrency that has been making waves in the crypto community. Created by a team of experienced developers, Apecoin is a fork of Bitcoin that offers improved speed, privacy, and security. In this blog post, we’ll take a closer look at Apecoin and what makes it different from other cryptocurrencies.
What is Apecoin?
Apecoin is a new cryptocurrency that was created by forking the Bitcoin codebase. Apecoin offers improved speed, privacy, and security compared to Bitcoin. One of the most notable features of Apecoin is its use of the Mimblewimble protocol, which enables private and secure transactions. In addition, Apecoin uses a unique consensus algorithm called Proof-of-Work 6 (PoW6), which allows for faster transaction times and higher scalability.
Why Should I Invest in Apecoin?
If you’re looking for a cryptocurrency that offers improved speed, privacy, and security, then Apecoin is definitely worth considering. With its use of the Mimblewimble protocol and PoW6 consensus algorithm, Apecoin is well-positioned to become a leading player in the cryptocurrency space.
In addition, the Apecoin team has a strong track record of delivering on their promises. So if you’re looking for a promising new cryptocurrency to invest in, be sure to keep an eye on Apecoin!
Apecoin is a new cryptocurrency that offers improved speed, privacy, and security compared to Bitcoin. If you’re looking for a promising new cryptocurrency to invest in, be sure to keep an eye on Apecoin!
Degods NFT Hype of the year
NFTs, or non-fungible tokens, have been getting a lot of attention lately. And for good reason – they’re unique, they’re scarce, and they’re immutable. But what exactly is an NFT? In this blog post, we’ll be taking a look at decentralized god NFTs. Specifically, we’ll be answering the following questions:
What is a Decentralized God or Degod NFT?
A decentralized god NFT is an image file that is stored on a blockchain.
There are several benefits of investing in a decentralized god NFT. First, because they are stored on a blockchain, they are immutable and cannot be duplicated.
This means that there is a finite supply of them, which makes them scarce. Second, because they are stored on a blockchain, they can be easily traded or sold. And lastly, because they are stored on a blockchain, they are incredibly secure. In order to mint a Degod NFT you would have had to have DUST tokens. DUST tokens are the currency in the world of Degods.
Degods is a very unique NFT project however we will tell you why Toon Finance may be a better choice. Toon Finance is building an actual DEX swap that will be used all over the defi world. This is going to be a gamechannger for NFTs and the Ethereum defi space which will certainly give the Solanas Degod a run for their money. The ToonFi can be found at Toon.Finance for more information.
Why are Decentralized God NFTs valuable?
Decentralized god NFTs are valuable for all of the reasons mentioned above. They are scarce, they can be easily traded or sold, and they are incredibly secure. But beyond that, decentralized god NFTs also have the potential to appreciate in value over time. This is because as more and more people become interested in crypto and NFTs, the demand for them will increase while the supply remains the same. This will likely lead to an increase in the price of decentralized god NFTs.
In conclusion, decentralized god NFTs are valuable for many reasons. They are scarce, they can be easily traded or sold, they are incredibly secure, and they have the potential to appreciate in value over time. If you’re thinking about investing in an NFT, then a decentralized god NFT is a great option to consider.
They have a great community with tons of supporting members. It was even said that some celebrities like Snoop Dogg may own one. Check them out and let us know what you think about Degods and the DUST labs team.
Y00ts NFT is it a fugazi?
Y00ts NFT was the supposed NFT project of the year dropping earlier July and end of August with so much hype behind the project that you would think Donald Trump himself was an investor.
The project received tons of media attention when the Opensea platform tweeted about the project. The problem is the Y00ts Toobs have yet to be revealed. We have not seen anything except the standard photo from the mint. So what is next for the Y00ts team? Many may not know however the Y00ts team is also the Degods team.
Y00ts was almost like a Degods 2.0, same team and blockchain developers as well as artists. Props to the artist, They did a beautiful job with the Degod project. Well we will sit back in our chairs as these new NFT projects like Toon Finance and y00ts start to moon again and again. We will be right here ready for the next drop that is going to bring in solid gains. ‘
Y00ts has yet to release the T00bs that everyone has been waiting patiently for for over one month now. When will the T00bs be revealed? Only time will tell.
Twitter | Toon Finance | Telegram
Disclaimer: This is a press release post. Coinpedia does not endorse or is responsible for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company.
Why ApeCoin (APE), Flasko (FLSK), and Decentraland (MANA) are the Best NFT Projects Right Now
The NFT market was estimated to be valued at $15.7 billion in 2021 and is projected to grow to $128 billion by 2028. The current NFT market has taken a tumble due to unfavorable conditions in the broader financial markets. However, there are still good NFT-based projects that will go a long way in the future. One of them is Flasko (FLSK).
Flasko is an alternative investment platform that mints new investments as NFTs. It is worth watching because it has the potential to be a major player in the crypto space in the coming years. ApeCoin (APE) and Decentraland (MANA) are some of the well-known NFT projects that are likely to stand the test of time.
ApeCoin (APE) Is Down But Expected To Bounce Back
ApeCoin (APE) came into the market to show the world that non-fungible tokens are here to stay. In less than a week, ApeCoin (APE) won the hearts of the crypto community as it token price skyrocketed.
ApeCoin (APE) got the advantage of being associated with the Bored Ape Yacht Club NFT collection which was created by Yuga Labs. The Bored Ape collection is the most popular NFT collection as many celebrities such as Tom Brady, Madonna, Justin Bieber, Jim Fallon, Neymar Jr., Kevin Hart, Paris Hilton, Snoop Dogg, Mark Cuban, and more one or more NFTs from the collection.
ApeCoin (APE) is the governance token of the APE ecosystem, giving holders the right to participate in the governance of the ecosystem. About 1 billion APE tokens were minted at once and can be bought and sold at several leading exchanges.
ApeCoin (APE) is one of the premier NFT-based tokens that have the potential to be a leading cryptocurrency asset in the future. ApeCoin (APE) is exchanging hands for $4.5, about 88% down from a peak of $39.40 in March 2022.
ApeCoin (APE) has a strong community and is backed by the Bored Ape Yacht Collection. Due to the collection’s popularity, it is a no-brainer that it will be around for a long time.
Decentraland (MANA) Is Expected To Do Well
Decentraland (MANA) is a virtual reality platform that allows users to create and monetize their content and applications. Users buy plots of land they can utilize as they would utilize real-world land.
Decentraland (MANA) uses a dual token system that includes MANA and LAND. MANA is a fungible token that is burned to create non-fungible LAND tokens.
The Decentraland ecosystem is powered by MANA and LAND tokens. MANA token holders can vote in the Decentraland DAO, giving them a voice in how the ecosystem is managed.
Flasko (FLSK) is Unique
Flasko is not your usual kind of NFT project. It is different from other NFT projects. This is because it claims to be the first alternative investment platform backed by luxury wine, whiskey, and champagne. Each investment is minted as an NFT. The NFT can be fractionalized, traded, or held like a regular NFT.
Another important point to consider is Flasko’s tokenomics. The project has a maximum supply of 1 billion tokens, with any unsold tokens being burnt and 15% of the total token supply is reserved for exchange listing.
Listing on major exchanges is important because it enhances liquidity, which allows traders and investors to buy and sell the FLSK token at desired prices. This also increases the project’s credibility.
Flasko has the potential to become blue-chip crypto, and the entry point of just $0.065 is extremely attractive to retail and institutional investors as predictions circulate that it could reach the region of $2.50 by mid-2023.
Website: https://flasko.io
Presale: https://presale.flasko.io
Telegram: https://t.me/flaskoio
Twitter: https://twitter.com/flasko_io
Disclaimer: This is a press release post. Coinpedia does not endorse or is responsible for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company.
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Will Rise in Cardano NFT Market Uplift ADA Price From the Deep Bearish Well?
The Cardano NFT markets have seen an increase in activity. In the last week, the market has increased by more than 40% in terms of volume, trades, and the number of NFTs sold. The volume during the last trading day also surged above $3 million, registering a spike of more than 70%.
According to some reports, this spike in the volume was led by traders who shifted from Solana to Cardano. Despite a significant rise in the volume and the number of transactions, the price point is towards the south, which makes the current market conditions pretty challenging for the market participants.
The ADA price swing has been more extensive since the beginning of the monthly trade which was largely preoccupied with the bears. Surprisingly, the growing NFT volume rarely impacted the price in the spot market as it continues to trade around $0.372. The asset has slid down the crucial support levels and failing constantly to rebound & regain the levels above $0.4.
The ADA price remains in the falling wedge, and the recent turn from the lower support rekindles hopes of an upswing towards the resistance. As a result, in the coming days, one can anticipate a significant upswing to $0.38, with the price potentially rising above $0.4 after a strong breakout from the wedge. With a rebound, the price is initially believed to hit $0.41 which may be followed by a minor consolidation ahead.
Collectively, the network may witness enhanced activity as the social dominance is also rising slowly. With increased social engagement, the traders are expected to shift their focus back to the platform which may in urn impact the ADA price which could begin a significant upswing ahead.