Cryptocurrency fee comparison — which crypto has the lowest fees?
Crypto fee comparison - what is the lowest fee cryptocurrency?With the recent increase in fees for both Bitcoin and Ethereum, this is a question coming by more recently. So let’s dive right in.To first cross off the top cryptocurrencies — Bitcoin’s average transaction fee is $25.47 as of writing, with a “near finality time” of 58 minutes before your transaction is considered fully confirmed. Ethereum fares slightly better with a $24.48 average transaction fee, and a 6 minute near finality time.So with these two out of the running, let’s look at what the actual lowest fee cryptocurrencies are.# 1. Nano: $0 fees, 0.14 seconds for confirmationAs no one who is in crypto will be surprised to hear, Nano takes the cake here. Nano is a cryptocurrency with zero fees, relying on Open Representative Voting for consensus and security. To be clear, the zero fees are not due to some temporary subsidy — zero fees are built into the protocol. In addition to having the lowest fees, Nano also wins out in the time it takes to confirm a transaction clocking in at 0.14 seconds. Yes, that’s sub-second, for irreversible, full confirmation by a decentralised network. Because transactions can never be reversed in Nano and because its consensus mechanism is so secure, even exchanges consider it confirmed after that first second. To top it off, Nano has no inflation, so your holdings aren’t being constantly diluted as in many other cryptocurrencies.# 2. Digibyte: $0.0005 fee, 5 minutes to confirmClocking in as a good second is Digibyte (DGB). Digibyte is a PoW coin, but uses a combination of 5 different mining algorithms compared to Bitcoin’s one. This helps avoid centralization in mining. Its fees are quite low, while its confirmation time is relatively long on the exchanges where it’s listed because while a new block is mined every 15 seconds in DGB, exchanges require 20 confirmations before considering it settled. That being said, DGB does still have 8% inflation, meaning that while fees are low, your holdings will become worth less over time.# 3. Bitcoin SV: $0.00055 fee, 7 days to confirm.Bitcoin SV (BSV) is a bit of an odd one out. Being a fork of Bitcoin Cash, Bitcoin SV increased the block size to be able to process more transactions. In terms of fees, this seems to have worked out since a $0.00055 fee is relatively low. However, the chain is seen as so insecure and open to being 51% attacked that many exchanges have delisted it. Before delisting, it required a whopping 1008 confirmations at 10 minutes per block, for a settlement time of 7 full days. There’s also about 3% inflation to contend with, diluting your BSV holdings.# 4. XRP: $0.00078 fee, 4 seconds to confirm.XRP is the coin that everyone loves to hate. The wider crypto community sees it as a centralized coin, and it’s currently charged by the SEC with conducting an unregistered securities offering. All that being said, it does offer a low-fee option at an average $0.00078 fee, and takes only 4 seconds to be considered confirmed by an exchange. The worst aspect of XRP is that its supply is still being diluted massively, with about half of all XRP still in escrow to be distributed by a for-profit company.# 5. Bitcoin Cash: $0.0024 fee, 2.5 hours to confirm.A fork of Bitcoin, Bitcoin Cash (BCH) aims to be the true vision of Bitcoin, being peer to peer digital cash. Fees on BCH are obviously much lower than on Bitcoin, owing to BCH being able to handle more transactions in a single block. BCH accomplishes this by having larger, variable blocks (starting at 8MB, versus BTC’s fixed 1MB). Bitcoin Cash’s downside is that the security of the chain is seen as low. Kraken requires 15 confirmations or 150 minutes to consider a deposit confirmed, while Crypto51 sees the 51% attack cost for BCH as just $8500 an hour.# 6. Stellar: $0.004 fee, 4 seconds to confirm.Stellar is like XRP in many ways. Transactions are cheap and fast, though costs will go up if Stellar’s price increases. Stellar is more of a platform, allowing, for example, stablecoins to be used on the network. There are some worries over its supply, with approximately 20 billion “Lumens” still in the hands of the Stellar Development Foundation, and over the low amount of validators (nodes) being run. All that being said, Stellar is one of the few cryptos that Kraken accepts with a single confirmation.# 7. Dash: $0.0043 fee, 15 minutes to confirm.Dash is yet another coin in this list that is a fork of Bitcoin. Started as a privacy coin, Dash nowadays positions itself more as a general medium of exchange. As opposed to Bitcoin’s proof of work protocol, Dash uses proof of stake with “Masternodes” and a treasury, causing people to be worried that the early movers get most of the mining rewards, leading to further centralization overtime. However, Dash’s fees are quite low at $0.0043 on average, though it does take 15 minutes to be considered confirmed by Kraken.# 8. Litecoin: $0.041 fee, 30 minutes to confirm.Yet another fork of Bitcoin, Litecoin was one of the first cryptocurrencies after Bitcoin. Its biggest change was 2.5 minute blocks (compared to Bitcoin’s 10 minute blocks) allowing it to scale slightly better, and to keep fees lower. At $0.041 average fee it’s still not exactly cheap though, and Kraken requires 12 confirmations (30 minutes) before they feel safe enough to accept your deposit.# 9. Monero: $0.0696 fee, 30 minutes to confirm.An odd coin, Monero doesn’t focus on being a regular cryptocurrency, but focuses on privacy. The community has the cypherpunk ethos of full privacy for everyone, and is okay with sacrificing some speed and fees to accomplish this, meaning you’ll have to wait at least 30 minutes for Kraken to accept your deposit. The focus on privacy has some clear advantages, but has also caused some exchanges to delist Monero. It’s an exciting project, but no one would use it as the lowest fee option.# 10. Doge: $0.239 fee, 20 minutes to confirm.Many fees, much wow. Despite being a great meme, Doge clearly isn’t meant to be an actual payment cryptocurrency. It’s $0.239 average fees put it at the higher end of transaction fees, while it would also take 20 minutes before an exchange feels secure enough to consider your deposit valid. This was never the point of Doge though, with its 10% inflation indefinitely it was always meant to be a joke coin. At that, it has succeeded brilliantly, with the Shiba Inu as its very recognizable prime barker.Honorary mention but excluded:Avalanche. At the time of writing, Avalanche was having problems on its mainnet causing it to stop completely. As I write this, there hasn’t been a transaction validated in 6 hours. Supposedly it’s very fast, but right now there are still issues.IOTA. While IOTA promises feeless (though this is unclear lately) and quick transactions, up to now IOTA can only function using a central coordinator. It is not yet a decentralised network, and it’s hard to test its true speed. It has a 79% confirmation rate within 10 minutes, with transactions dropped occasionally.Final thoughtsIn the end, my comparison confirmed what I had expected beforehand, which is that Nano is both the fastest cryptocurrency, and has the lowest fees. I’ve written an article about Nano earlier, so if you want to confirm for yourself that it really is that fast, head over there to see people using it and to see how you can try it out for free yourself.Thanks for reading, comments and feedback much welcome.Cryptocurrency fee comparison — which crypto has the lowest fees? was originally published in Nano on Medium, where people are continuing the conversation by highlighting and responding to this story.
Why you should take your Nano off exchanges — for yourself, the network and Nano’s value
Why you should take your Nano off of exchanges — for yourself, the network and Nano’s valueNano enthusiasts will often tell you to take your Nano off of exchanges, and into your own wallet. This article aims to explain why you should do so. Not because you’re altruistically trying to help the network, but for your own security, to improve the decentralisation of the network, and to increase the value of your Nano.1. Own your own NanoWhen you buy Nano on an exchange such as Binance, Binance shuffles around some numbers in their internal ledger. Person A had 1000 Nano and $0, while you had 0 Nano and $5000. You’ve now bought his Nano, so Binance changes some numbers to reflect that you now own 1000 Nano and $0.However, these are all simply numbers in a Binance database. The actual Nano are held in Binance’s wallet, and do not move when this transaction is done. What you practically have is an IOU from Binance saying “we owe you 1000 Nano”.If Binance were to go offline today, or if hackers manage to break Binance’s security and empty Binance’s Nano wallet, you are relying on Binance’s insurance to be able to repay you the stolen Nano. This holds for any crypto. This is not just theoretical, there are lists of exchanges exit scamming, and lists of security breaches and hacks.By withdrawing your Nano, you turn an IOU from an exchange into cold hard Nano. Whatever happens to the exchange, you have your Nano in hand. Taking your Nano off exchanges means having complete control over your own money, the original goal of crypto. You’re able to pay with your Nano, send them to others, or just hold them with the knowledge that no one else can access them.2. Improve decentralization of the networkNano uses a consensus mechanism called Open Representative Voting. Essentially, 1 Nano = 1 Vote. You can either run your own node, or vote for a node to represent you, and nodes then validate transactions.For Nano to be as decentralized as possible, we want the weight to be as spread out as possible, with as many Principal Representatives as possible. The more the vote weight is spread out, the harder it is to stall the network. Since exchanges hold a lot of Nano, they hold a lot of weight and are often the biggest single Nano holders. In fact, Binance is the single biggest Nano holder.Withdrawing your Nano from those exchanges is the single easiest way to help with this decentralization, and only takes a few minutes.3. Increase the value of your NanoHelping with decentralization of the network sounds a hell of a lot like an altruistic argument, and we do not want to rely on altruism. Luckily, there are strong incentives to withdraw your Nano. Aside from the aforementioned added security gained by owning your own keys, withdrawing your Nano from exchanges also directly increases the value of your Nano holdings.First of all, the more decentralized a crypto network is, the more secure it becomes and therefore the more valuable it becomes. In other words, by withdrawing Nano from an exchange, you directly make the network more valuable.Second of all, keeping your Nano on an exchange allows traders to “short” Nano. Shorting essentially means a trader borrows Nano, sells them immediately (say at $7), and promises to repay them at a future date. If the price at his future date is lower (say $5), he has made a $2 profit per Nano.Binance, Kucoin, and most other exchanges offer the ability to go short for individual traders and institutional investors. By withdrawing your Nano from exchanges, the total amount of Nano that can be shorted is decreased, and the cost to short increases as there is less supply.You convinced me. How do I withdraw?On most exchanges this can be very simply done by clicking your Nano and then finding the withdraw button. What you will need is a Nano address (nano_) to send your Nano to. If you have small amounts, I would personally recommend using the Natrium.io (mobile) or Nault.cc (desktop) wallet. If we’re talking about bigger amounts, it might be worth getting a hardware wallet.Whatever option you choose, the most important aspect is to safely store your seed. Your seed, a 24-word code, is essentially the access to your wallet. If you lose your phone, you will still be able to get into your wallet by just loading this code into a wallet on another phone or desktop. Conversely, anyone that knows your 24-word code can access your wallet. Make sure to store it safely, and do not share it with anyone.Once you’ve transferred your Nano into your personal wallet, make sure to select a representative, preferably one with low vote weight, to further decentralize the network. Nault and Natrium both have a list with recommended representatives, if you want to learn more about the representative you’d be voting for MyNanoNinja offers more information.Extra incentive in the short termThere is currently some extra incentive to move Nano into your personal wallet and select a representative with low vote weight. Nano’s meme brother Banano will soon be airdropping Banano to Nano wallets, with bonus Banano if your representative has <1% vote weight. Check the link for more info.Final thoughtsRegardless of whether you want to help decentralize and secure the Nano network, want to increase your own security, just like to support Nano or want to increase the value of your holdings, withdrawing your Nano to a private wallet is a good idea. If you have a question regarding how to withdraw or any other question relating to Nano, r/nanocurrency on Reddit is filled with enthusiasts that would gladly help you out.Feedback always welcome!Why you should take your Nano off exchanges — for yourself, the network and Nano’s value was originally published in Nano on Medium, where people are continuing the conversation by highlighting and responding to this story.
MixMarvel 2021 Roadmap
2021 OverviewIn the first half of 2021, MixMarvel will officially launch three strategic products, including eco wallet MixMarvel Pocket 1.0, layer-2 scaling Rocket Protocol 2.0, Rocket SDK 1.0, and NFT creative community LeCube. In the second half of 2021, MixMarvel will continue to explore blockchain technology in games, content creation, IP asset distribution, and other innovative applications.In 2021, MixMarvel foundation will continue to enhance the market value of MIX actively, promote the launch on new trading platforms and expand the application scenarios of MIX. As the incubator and distributor of Rocket Protocol, MixMarvel will encourage the release of MAX, the protocol token of Rocket Protocol, and launch the Rocket Protocol’s main network in the first half of 2021 and promote the formation of a double token closed loop between MIX and MAX. As the platform token of MixMarvel, MIX will continue to capture the distribution platform’s platform value. MAX, as the protocol token of the infrastructure, Rocket Protocol, will continue to capture the ecological value of the open ecology.2021 Q1MixMarvel Spring Festival Activity LaunchMIX participated in the 7th Anniversary of the Bithumb exchange and provided 50 million MIX as a reward and launched according to Chinese and Korean communities’ activities.MIX is listed on Uniswap. The development of MIX liquidity mining will be completed, and a series of MIX mining activities will be launched.MixMarvel Pocket 1.0 Test Net LaunchMixMarvel eco wallet, MixMarvel Pocket 1.0, went live on test net.MixMarvel Pocket 1.0 applies the Rocket SDK, which can provide users with a smooth cross-chain experience of FT & NFT. At the same time, MixMarvel Pocket 1.0 will also launch its application section and community benefit section.MixMarvel Core Technology Rocket Protocol 2.0 Test Net LaunchRocket Protocol, the core technology of MixMarvel, will be fully compatible with Ethereum’s EVM, smart contract, ERC20, ERC-721, and other general protocols after being fully upgraded to 2.0. It will substantially improve Rocket Protocol 2.0 features such as full compatibility with Ethereum, complete Turing, permissionless access, and expandability.MixMarvel’s Native Blockchain Application LeCube, NFT Creation Community, Test Net LaunchMixMarvel has obtained the copyright of the well-known project, LeBlock, in 2020. We cooperated with the producers of LeBlock to lead MixMarvel community enthusiasts to produce the native blockchain application LeCube jointly.LeCube, an NFT creation community, is like LEGO on the blockchain and like an art version of GitHub. Users can use Cubes to freely compose and create NFT assets based on blockchain with traceable copyright in LeCube.MixMarvel will be the publisher to help LeCube gain recognition in blockchain enthusiast communities around the world.2021 Q2Mixmarvel Global Community ExpansionMixMarvel will organize a series of activities to expand MixMarvel’s global community.MixMarvel Pocket 1.01.0 Main Net LaunchMixMarvel ecosystem-level product MixMarvel Pocket 1.0 is launched on the main net. It will provide a complete cross-chain function of digital assets (FT & NFT) and an interactive experience of identities and assets across multiple chains. Simultaneously, MixMarvel Pocket 1.0 will also provide Dapps across the Ethereum main chain to solve the Ethereum experience issues while allowing users to enter the blockchain world more smoothly.MixMarvel Core Technology Rocket Protocol 2.0 Main Net LaunchThe core technology of MixMarvel, Rocket Protocol2.0, is launched on the main network. After being fully compatible with Ethereum and implementing Turing’s complete smart contract ecosystem, it will also support the smooth migration of Ethereum DApp and its assets to the Rocket Protocol. At the same time, Rocket SDK 1.0, Rocket Pocket, and Rocket Browser will also be launched simultaneously. It will provide a solid technical foundation for the mass production of highly interactive blockchain applications in the second half of 2021, full support for the creator community, and IP digitization.MixMarvel’s Native Blockchain Application LeCube, NFT Creation Community, Main Net LaunchThe NFT generated in LeCube’s standard paradigm has three significant characteristics:1. As a digital collectible, NFT will not rely on a centralized server’s support, becoming a digital collectible with a longer life cycle.2. As a digital artwork, NFT will be created and agreed upon by the community entirely and become a more vital digital artwork.3 As an on-chain asset, NFT can have its value scientifically quantified. Through the scientific pricing of each link, it is conducive to the formation of a healthier and orderly NFT market and conducive to the development of financial services such as NFT-based leasing and mortgage lending. Hence, NFT becomes a more valuable asset.MixMarvel will act as the publisher to help LeCube build a new NFT ecosystem and creator community.2021 Q3Mixmarvel Applications Total UpgradeMany applications developed or incubated by MixMarvel, launched and distributed globally, will join the MixMarvel ecosystem and interact with MixMarvel tokens. MixMarvel’s global community users can benefit from playing games. MixMarvel plans to invite new partners in Japan and South Korea to expand the market, help the products of well-known IP and well-known content manufacturers enter the blockchain world and join the MixMarvel ecosystem.2021 Q4Mixmarvel Release Strategy UpgradeMixMarvel will provide digital distribution services based on well-known IP and high-quality content. Connecting investors and mass users through scenarios such as trading, creation, and asset issuance will create a new decentralized application ecosystem. MixMarvel will continue to advance on the road of innovative blockchain technology applications in games, content creation, and IP asset distribution.About MixMarvelSince its inception in 2017, MixMarvel has been dedicated to providing both users and developers with a one-stop blockchain-based application-publishing platform and content community. Besides delivering the best content, MixMarvel also provides developers with a layer-2 cross-chain solution, Rocket Protocol, that is more suitable for large and medium-sized interactive applications. This solution is fully compatible with Ethereum EVM and mainstream NFT protocol. Rocket Protocol supports both NFT eco wallets and blockchain explorers.MixMarvel Community：MixMarvel Official Website / Telegram / FacebookKakaoTalk / Twitter / Medium / YouTubeMixMarvel 2021 Roadmap was originally published in MIXMARVEL Official Blog on Medium, where people are continuing the conversation by highlighting and responding to this story.
Cloudbric Progress Report (2/11 ~ 2/26)
Greetings, from Cloudbric.Here’s the latest from Cloudbric: for February 11th to February 26th.Technology Developments*ADDoS(Advanced DDoS Protection) Dashboard→ Development of ADDoS Dashboard for client UI: 95% complete (estimated time of completion: 2021 1Q)Technical coverage review completedDB design and back-end development completedFunction test in progress*Blockchain service development→ Development of database management based on blockchain technology: 15% complete (estimated time of completion: 2021 2Q)Technical review in progress*Remote Access Solution→ Supported protocols added: 35% complete (estimated time of completion: 2021 2Q)→ Cloudbric now provides a stronger infrastructure security for the service. The updated dashboard and report presents users with usage and service status for a better user experience.Technical review in progressReview of new system components coverageScope of updated application under review*Cloudbric Labs (cyber threat information data platform based on blockchain technology)→ Support for Hacker Wallet Address and Phishing URL API: 40% complete (estimated time of completion: 2021 1Q)Updated the Hacker Wallet Address and Phishing URL list.API implementation methods analysis.Development of the APIs and related technical documents.*Cryptobric v2.0→ Mobile App for securing your digital assets with CLBK wallet support→ Add ‘KLAY’ as supported cryptocurrency and Klip* integration using Klip App2App API: 100% complete (estimated time of completion: December 2020)*Klip: a digital asset wallet for Klaytn-based cryptocurrencies from Kakao→ Users can view and transfer funds (either CLBK, Cloudbric’s own cryptocurrency or KLAY, a Klyatn cryptocurrency) in ‘Klip’ wallet, integrated into Cryptobric. Check our medium post below for a step-by-step guide for integrating Klip!> http://reurl.kr/4CEECD3DOL*Cryptopbric — SWG→ Encrypted personal information and secured internet connection: 45% complete(Hacker Wallet Address and Phishing URL API Blocking) (estimated time of completion: end of 2021 2Q)Reviewing the direction of cryptographic communication technology and seeking ways to implement it.Planning details on design and server deployment architecture.*VISION (Deep Learning Security Engine) Commercialization → Source code analysis for VISION commercial structuring VISION: 30% Complete (estimated time of completion: end of 2021 2Q) → Commercial module development: 30% complete(estimated time of completion: end of 2021 2Q)Revisions for improvements regarding source code and engine.Review of additional lists to be included in the supervised learning of the Deep Learning Engine.Ongoing review of different learning strategies by domain.2. Cloudbric News“We are a complete security company focusing not only on physical security but IT and data security also. That’s why Cloudbric is important to us, to make sure our website and database are secure. With their easy to use the platform, we can achieve that.” — Irwandi S., President Director of Professtama* Development GroupWith a testimonial like this from our valued Partner, every team member at Cloudbric feels overwhelmed with pride and a sense of accomplishment. We will strive to provide a more secure connected experience for everyone.*Professtama Development Group is one of the largest security solutions providers in Indonesia, and managing company for ATISI: Association for the Technology and Industry of Security in Indonesia. Cloudbric currently provides web protection service to both Professtama and ATISI.3. Security NewsWawa Reaches Proposed $12M Settlement in Data Breach Litigation — Law.comAttorneys representing Wawa customers who potentially had their payment card information exposed to hackers have reached a more than $12 million settlement with the regional convenience store chain, according to court papers in Philadelphia federal court.Palo Alto Networks Probes New Equity Structure For Cloud, AI Unit — CRNPalo Alto Networks is exploring different equity structures for its cloud and AI security business that could potentially allow different investors to bankroll the high-growth practice. Palo Alto Networks’ cloud and AI business has $735 million of annual recurring revenue and is growing at 77 percent of a year-over-year basis but has negative cash flows, according to Arora.Australia’s first IoT security guidelines unveiled — Information AgeAustralia’s first Internet-of-Things security awareness guidelines have been unveiled, with advice and support for device manufacturers and users. The Internet of Things Alliance Australia (IoTAA), with financial support from Accenture, launched the guidelines with an aim to provide support for Internet-of-Things (IoT) users and providers focusing on security, safety and privacy.
These 2 New NFT Marketplaces Debuted with Amazing Volume
Recently, 2 powerful newcomers have entered the fierce competition in the growing NFT market. Today, let’s check what they are and why these 2 new NFT marketplaces can gain amazing sales volume at the beginning.HashmasksWhen we analyze the NFT Market Booms in January 2021 (NFT Market Booms in JanAgain, 3X December’s, What Happened and What to Expect Next?), we’ve mentioned Hashmasks as the main reason that pushed up the secondary market OpenSea’s volume.Launched for less than 30 days, in total, Hashmasks has raised over 7,600 ETH worth about $10M from its recent sale. Its 30d volume of $13.53M ranks №4 among all marketplaces. It becomes one of the leading dapps in Ethereum marketplaces.(The black dot line represents NCT token price.)You can see the on-chain volume hit a peak at the end of January, right during the sale. The highest daily volume was $4.32M on 31st Jan.So what makes Hashmasks different from other NFTs?Hashmasks introduces a combination of digital art and collectibles with a value hierarchy determined by both the creator and the consumer of the artwork. The control over the rarest of all traits — the name — is given to the full extent to the consumer. Yes, you can customize the name of your mask NFTs.For example, popular names that have already been taken are Trump, china, usa, love, covid19, etc.By holding the artwork, you accumulate the project’s utility token, Name Changing Token (NCT), on a daily basis. Naming is commoditized via the NCT token, which can be interchanged with other participants of the artwork. Each name is unique and can only belong to one NFT. So you are not simply buying a piece of rare art from Hashmasks. You are part of the art piece. The smart contracts allow you to assign a name to your Hashmask, giving you the ability to add your unique stroke to the canvas. And your NFT can serve as your digital identity.There is a total of 16,384 unique Hashmasks. Each of them is created by a combination of several different artists. They have varying masks, eye colors, items and other attributes. Now the sale has ended.PortionThe NFT marketplace Portion was boosted by the mainstream artworks.Professional Marvel artists have decided to release approximately 25 unique Marvel pieces on the Portion.io platform. Some of the NFTs will also be used to redeem the physical and original hand-drawn work. The first wave of artists is Dan Panosian, Matteo Scalera, Dave Johnson, Andy Kubert, Adam Kubert, and Eric Canete.The Marvel heroes and their great amount of fans triggered Portion’s volume. It has accumulated $123.29K volume in the past 30 days, with a 25169.36% increase, ranking №11.(The black dot line represents PRT token price.)Portion’s daily volume broke ATH $36.86K on 16th Feb. PRT token price shows almost the same trend as its on-chain data, which hit ATH just 1 day after the volume. Remember to check its on-chain date for your PRT trading strategies.Starting with Marvel art, Portion aims to build a premier online marketplace connecting artists and collectors through Blockchain technology to easily sell, invest and own art and collectibles with complete transparency.Portion has already issued its utility token Portion Tokens (PRT), which are ERC-20 assets on the Ethereum blockchain. You can use PRT token to decentrally govern and vote on the future of the platform. New PRTs are released for liquidity mining, artist grants, partnerships, and future team members. Also, new PRTs will be distributed when artists create new NFTs, currently 500 PRT each. In the future, you’ll be able to use PRT to purchase art and collectibles on the platform.You may also like:NFT Market Booms in Jan Again, 3X December's, What Happened and What to Expect Next?3 New Dapps with Colorful & Profitable NFTs to Enjoy for Your New YearHow to Issue Your Own NFT on Rarible for Auction?These 2 New NFT Marketplaces Debuted with Amazing Volume was originally published in Dapp.com on Medium, where people are continuing the conversation by highlighting and responding to this story.
2 Blockchain Projects with Exciting Token Airdrop Programs Recently
Badger DAO, Mirror Protocol… so many promising blockchain projects that we introduced at an early stage have soon developed and grown successfully. Their token prices even went up 20x than the time we first wrote about them.Here comes another 2 projects. And the same goes for them: our editors discovered them early, composed articles to introduce them, and at present, they both have exciting token airdrop programs. If you’ve followed them up at that time, you’ll be able to receive the free tokens now.Let’s check their token plans and whether it’s too late to participate.PoolTogetherWe’ve introduced PoolTogether in 2 Lucky Draws with No Loss, Get Your Crypto Treats Now! It’s a protocol for no-loss money games powered by Ethereum.It has accumulated $94.91M volume in the past 30 days, ranking №1 in all blockchain games.You can earn popular Ethereum cryptocurrencies by getting 1 ticket for every $1 deposit. As long as your money is deposited you’re eligible to win prizes. You can also remove your deposit at any time. The smart contracts ensure the protocol is non-custodial and transparent. Meanwhile, the pool has the flexibility to adjust how prizes are distributed based on the community’s desires.The prizes are made up of the interest earned on all deposited money in the pool, for example, yield farming in Compound or other DeFi protocols.There are 4 pools live now: DAI, USDC, UNI and COMP. So far, $93.58 million have been deposited, and $136,111.27 of no loss prizes are waiting for winners weekly.Since the $POOL utility token went live on 18th Feb, the control of PoolTogether Protocol now rests on the community. The $POOL token is being freely distributed to all contributors to the protocol, with a total supply of 10,000,000 tokens.The following is the initial distribution:During the ongoing distribution, 5% of $POOL supply has been allocated to all PoolTogether depositors. If you have used the protocol, you can freely receive tokens to govern the protocol. No action is needed other than depositing into one of the four prize pools.(The black spot line indicates the $POOL token price)PoolTogether’s on-chain data reacted positively to the token airdrop. Its daily users, transactions and volume all hit ATH on 18th Feb: 2.39K Active users conducted 3.92K transactions worth of $25.47M.Token $POOL is available to trade in 1inch (DEX) and MXC.com (centralized exchange). $POOL price follows the exact same trend of its on-chain user number/transaction number and volume movement as shown in the above graph. So do remember to monitor its on-chain data performance when you invest in $POOL.Mask NetworkAnother project that we’ve already introduced and also boost now is Mask Network, originally named Maskbook (Mask Network: A Wrapped Decentralized World for Users on Twitter, Facebook & Other Popular Social Networks).It’s a portal that allows you to seamlessly send encrypted messages to your friends, send and receive cryptocurrencies on social networks, participate in cryptocurrency lucky-draws, and even use more dapps over the top of popular social networks without migrating from the platforms you are already using.Deeply believing in decentralization, the Mask Network team decided to launch $MASK, the native token of MaskDAO. The DAO is the owner of the Mask Ecosystem. $MASK holders are members of MaskDAO and possess ownership of the Mask Ecosystem through the DAO. As the native token, $MASK serves as incentive to facilitate governance. Each $MASK represents one vote. Overtime, Mask Network team and ecosystem members will develop more products and services that would accrue value to $MASK.A total of 100,000,000 $MASK tokens is created at genesis. Below is the information of the previous rounds and the distribution of the token before the upcoming Initial Twitter Offering of $MASK.A total of 1% of the total $MASK supply will be airdropped. Like Uniswap, Badger DAO and other DeFi and Web 3.0 projects, Mask Network will not only give rewards $MASK to their early supporters. Ecosystem participants like Gitcoin donors and active voters in DeFi governance will also be rewarded. Check the table below to see if you can receive the $MASK token airdrop:Donors: All addresses that have donated in two different rounds of Gitcoin grants or more (8 rounds completed to date). Donors who have donated to Mask Network’s own Gitcoin bounty project will be deemed power donors (before 01/01/2021).Governance Voters: All voters who have voted 2 or more times, including snapshot voters and voters of other top projects like MakerDAO, Compound, Aave Protocol and Curve, whose governance system is not hosted on Snapshot (before 01/01/2021).ENS Users: Any ENS address that has been linked to a Twitter account (before 02/16/2021).Mask Users: All users who have tried their smart contract Dapplets, i.e. Red Packet, NFT and ITO (before 02/16/2021).The airdrop will cover an estimated 20,000 unique addresses. Normal users would receive 50 $MASK, while Power users could get over 400 $MASK in total. The reward decreases linearly by 20% every day if unclaimed and the reduction will go back to the MaskDAO.If you are not eligible for the airdrop, you can purchase $MASK tokens by participating in the Initial Twitter Offering. After you install the Mask browser extension, you’ll find a small Mask icon right next to your Twitter display name. Initial Twitter Offering allows any Twitter user to buy $MASK without leaving Twitter. $MASK will be available to trade in Huobi starting from 24th Feb.There will be 3 rounds of sale. $MASK can be bought with $USDT, $USDC, $DAI, $BUSD, $HUSD and $ETH. Each address will only be allowed to purchase a maximum of 2000 $MASK token each round.$MASK token bought during the ITO will all be locked until 02/27/2021, 3:00 am UTC+0.Several other exciting gadgets are available directly on Twitter, including hovering on $ cashtags to easily view price charts and trade powered by Uniswap, 0x Protocol & SushiSwap, NFT displaying & purchasing, encrypted messaging, file service powered by Arweave.You may also like:This Ethereum Layer 2 DEX Will Airdrop 80M Tokens. How To Get It?3 Top-Performing DeFi Projects to Watch for Potential Token Launch and Airdrop$DIGG, 3x Bitcoin Price, What Is It? How Can You Earn It Through Mining?2 Blockchain Projects with Exciting Token Airdrop Programs Recently was originally published in Dapp.com on Medium, where people are continuing the conversation by highlighting and responding to this story.
Loopring Red Packets
Loopring Wallet Red PacketsRed packets, or red envelopes, are a traditional Chinese gift-giving custom on special occasions, celebrations, and the Chinese New Year. Giving red envelopes filled with cash to friends, family, and coworkers, in hopes of blessings and good fortune. The colour red is associated with good luck, and the cash is, well, cash. Except for now it can be Ethereum-based assets too!Users of the Loopring Wallet have probably seen this feature on their mobile app in the past few weeks. It allows you to send and receive red packets privately to friends and family, or publicly — to anyone on the Loopring wallet. It is currently availably only in the Loopring mobile wallet, not the web platform.You can specify which token and how much to send, to how many people it is to be sent/split, and to whom. It is a great, easy way to spread some joy, to someone special, or an entire community.You can send 3 types of red packets:1. Relay red packet. Specify a total amount, and a number of people. Recipients get a random share of the packet amount. If they share it with others via QR code, they get half the amount that next person receives as well.e.g.: I send a red packet for 1000 LRC, to be split among 10 recipients. You find one, open it up. You receive 83.5 LRC (random amount). You click share, which generates a new QR code for you, and you share it on Twitter. Someone opens it, it’s for 95 LRC (random amount). They receive 47.5 LRC, you receive 47.5 LRC.2. Lucky red packet. Specify a total amount, and a number of people. Each person gets a random share of the total packet amount. The distribution is randomized.e.g.: 1000 LRC, 10 recipients. You find one, open it up. You receive 83.5 LRC (random amount). Someone else opens it up and receives 125 LRC. And so on.3. Normal red packet. Specify a total amount, and a number of people. Each person gets the same share of the total packet amount.e.g.: 1000 LRC, 10 recipients. You find one, open it up. You receive 100 (1000/10). Someone else opens it up and receives 100 LRC. And so on.Where these Red Packet transactions occurRed packet amounts are accounted for in a centralized manner, in a special red packet sub account balance. This can be withdrawn to your Loopring L2 account when you wish, for a very small fee (a few cents). It’s important to note these differences though: Loopring zkRollup gives you complete Ethereum-level security guarantees. When your assets are in your Loopring L2 account, they are yours and only yours, no one can get in between you and your funds, not us, not ever. On the red packet system, however, it is outside of the zkRollup — it is a ‘normal’ centralized database, with balances attributed to your account.So that’s it. Have fun receiving or sending some love, good luck, and crypto to your friends, community, or even strangers! You can download the Loopring mobile wallet here to start using the red packet feature.Note: to receive red packets, it would either be sent to you directly in app by wallet name, or sent to you directly or indirectly via QR code on some other medium (like Twitter), or, just put out there to the public within the Loopring app, open for anyone to snag it.About LoopringLoopring is an Ethereum zkRollup protocol for scalable, secure exchanges & payments. Loopring builds non-custodial, high-performance products atop our Layer-2, including the Loopring Wallet — a mobile Ethereum smart wallet, and the Loopring Exchange — an L2 orderbook and AMM DEX. To learn more, you can sign up for our Monthly Update or see Loopring.org.Twitter ⭑ Discord ⭑ Reddit ⭑ GitHub ⭑ Docs ⭑ YouTube ⭑ WeiboLoopring Red Packets was originally published in Loopring Protocol on Medium, where people are continuing the conversation by highlighting and responding to this story.
Introducing the GoChain Steering Committee
2021 has been nothing short of incredible for the blockchain space. Public companies are investing and diversifying their balance sheets with digital assets, in addition to implementing new blockchain technology initiatives. For the first time, enterprises are recognizing the importance of blockchain and can’t deny its impending mass adoption.The GoChain Foundation has worked tirelessly preparing for this moment, and we’re ready. As we grow the network with additional nodes, partners and initiatives, we believe the future is very bright. We’re excited to announce appointments for the recently announced Steering Committee.Steering CommitteeTo recap, the GoChain Foundation Steering Committee will be the first member-driven governance group instituted in the governance framework rollout. The group is committed to driving GoChain adoption and making decisions that will ensure GoChain’s long term sustainability. Community improvement proposals that meet the minimum threshold to advance will then be formally reviewed and voted on by the Steering Committee to determine if the proposal advances to official community wide vote.The Committee is composed of seven members representing various parties interested in the success of the Network. Seats are allocated to represent the following groups:● Two Members are appointed to represent the GoChain Foundation● Three Members are appointed to represent the GoChain Signing Node Consortium● Two Members are appointed to represent External StakeholdersRepresenting the GoChain FoundationHenry Ines — CEOHenry is a global executive with 20+ years of professional experiences to include more than a decade as a VC working in Silicon Valley and Asia. He currently serves on the Steering Committee of the GoChain Foundation and as CEO has been responsible for driving enterprise adoption and overseeing the strategic growth and direction of the network.Henry began his career as a management consultant for Fortune 500 companies. Later, he worked in corporate finance focusing on sell-side M&A within the IT and consumer & industrial product sectors before transitioning to merchant banking and direct investments in early-stage technology companies. Henry is an advisor to multiple tech startups and serves as a mentor for accelerators & incubators globally. Henry is passionate about global impact and seeks to leverage technology for the benefit of humanity.Henry holds a BS in Finance from Pennsylvania State University in University Park, PA and an MBA from Duke University Fuqua School of Business in Durham, NC.Travis Reeder — Founder & CTOTravis has over 20+ years of experience building high scale applications and cloud infrastructure. Most recently with Oracle building out their next generation cloud offering and prior to that, he founded Iron.io where they built a serverless cloud product and a message queue that they scaled to 1M transactions per second.Representing the GoChain Signing Node ConsortiumMichael Fairbairn — Associate Director, Business Operations and Engagement in the RMIT Blockchain Innovation HubMichael is responsible for delivering research and industry outcomes through the Digital Economy Business Lab, that connects RMIT’s research community to business and government. In this role, Michael identifies commercialisation opportunities that benefit the Blockchain Innovation Hub, its industry, academic and research partners.Michael has extensive industry experience both in Australia and internationally, having led industry programs and provided strategic policy advice across the public and private sectors. Michael has regularly delivered innovative commercial products with industry partners that have provided great outcomes to our academics and students. Michael is passionate about the digital economy, blockchain, AI, Web3 and preparing students and industry for the “future of work”.Michael holds a MBA Executive from RMIT University and a Master of Public Policy and Management from the University of Melbourne.Eric Fegraus — Senior Director of Information Technology, Conservation InternationalEric is a technology and environmental management professional with expertise in bringing novel technological solutions to global environmental challenges.Eric works with a wide variety of private sector, university and individual technologists to develop, pilot, use and scale technology-based solutions for conservation problems. He leads Conservation International’s engagements with technology companies, as well as the technology development for several conservation projects, including Wildlife Insights, which Eric co-founded. Wildlife Insights uses cutting-edge technology, including camera traps and artificial intelligence, as well as advanced analytics to enable people everywhere to share wildlife data and better manage wildlife populations.Prior to joining Conservation International in 2006, Eric worked as an environmental consultant, university research center scientist and software engineer. Eric holds an undergraduate degree in Environmental Biology and Management from the University of California, Davis, and a Master of Environmental Science and Management from the University of California, Santa Barbara.Mark Arruda — General Manager at Athena Cloud, Vice President Solutions at Cloud Carib Ltd.Mark is a senior executive with startup to multi-national experiences across the globe, including:• Cloud and Managed Services• P&L Responsibility• Reducing operating costs and increased efficiency• Security Analysis and Planning• Capex to Opex Planning• Risk mitigation and business continuityWith over 20 years in technology and business, Mark has experience in service design and deployment; technology services management; software & system design and development; with a strong client-centric philosophy.Two Members appointed to represent External Stakeholders:Craig Macy — Corporate and Intellectual Property AttorneyCraig is an experienced attorney and business executive with 25 years working at successful, high-growth, venture-backed technology companies and law firms. He blends 25 years of legal, transactional, and intellectual property experience with practical business advice to help clients start, invest in, buy, grow, and sell companies.Specialties: Legal and Corporate Strategy, M&A, Data Privacy, Intellectual Property, Multi-site Technology Operations, General Management, Operational Planning, and Product ManagementWe are looking for a second External Member to join the GoChain Foundation Steering Committee!If you, or someone you know fits the professional profile of the other steering committee members, please fill out our interest form or email us (include CV, LinkedIn and why you want to join) and we will reach out to schedule a time to sync.Prime candidates will have:Extensive corporate experience with large companies, NGOs or universities.Competence in the blockchain space and knowledge of basic conceptsCommitted to sustainable technology development and corporate responsibility practicesFormal business/finance/technology education at a respected university or equivalentExperience with corporate governance or counsel experience is a plusThis position is intended for those who are passionate about blockchain and interested in significantly contributing to the growth of the GoChain network. The position will provide an unique opportunity to engage with the community and node signer representatives and to gain blockchain governance experience. The Steering Committee typically meets once a month to review and vote on any proposals to advance to community-wide firstname.lastname@example.org://forms.gle/cmewY8zVYgjRiJxX8To stay up to date on all things GoChain be sure to follow us on twitter.Introducing the GoChain Steering Committee was originally published in GoChain on Medium, where people are continuing the conversation by highlighting and responding to this story.
Nano is what Bitcoin hoped to be
Bitcoin was envisioned as the decentralized currency of the future, but today the narrative has shifted, and its adherents call it a store-of-value instead of a currency. Why is that? Why did they back-track on the vision?One must only try using Bitcoin to know that it is non-functional as a currency. The average transaction takes between 1 and 3 hours and comes with a fee of $20. The network barely pulls 4 tx/s (transactions per second) but it consumes 0.3% of the world’s total electricity production, which means that a single Bitcoin transaction consumes the same amount of electricity as a Tesla driving the 41-hour trip from New York to Los Angeles!Okay. Bitcoin is terrible, but maybe it’s the best we can hope for if we want a globally decentralized currency? The answer is NO because technology evolves and just as Netflix overtook Blockbuster, Nano is on the path to overtake Bitcoin. So let’s go through why Nano is what Bitcoin hoped to be one frequently-asked-question at a time.What is Nano?Nano is a fee-less, instant, decentralized, scalable, and energy-efficient digital currency meant for large and small payments and for storage-of-value.Can I test Nano without buying it?Yes. Nano is completely fee-less which allows for community-driven faucets from where you can transfer a small amount to your wallet and test it yourself.How fast is Nano?Nano is the fastest decentralized currency in existence, with a median transaction time of less than one second (irreversible, full-settlement). You can trigger and time a transaction at nanospeed.live.How energy-efficient is Nano?Nano is very light on electricity consumption mainly because it does not rely on miners doing expensive Proof-of-Work to secure the network. You can do 6 million Nano transactions with the energy consumed by a single Bitcoin transaction.How scalable is Nano?Most decentralized currencies are inherently limited by the protocol, such as with Bitcoin’s theoretical limit of 7 tx/s. Nano scales with the hardware of its nodes which means it has no theoretical limit. The live network has on multiple occasions confirmed 100+ tx/s while still serving users with sub-second transaction times.What enables Nano to be fee-less?Most decentralized currencies rely on a single shared block-chain where users compete on fees to convince miners to confirm and add their transactions. Nano has a block-chain per account that only the account owner can modify, and instead of relying on miners to secure the network, it uses an Open-Representative-Voting system.How does Nano protect against spam?Users need to perform a small PoW (Proof-of-Work) calculation before a transaction is made. The PoW can be verified 20 million times faster than it is generated.Note: Bitcoin uses PoW as a consensus algorithm which is why it’s wasting so much energy. Nano only uses PoW as a means to discourage spammers similar to how it's used in emails.What incentivizes node owners if Nano has no fees?You can run a Nano node for less than $20 per month and those who are incentivized to do so include:Exchanges that benefit from people buying and selling Nano.Vendors that save money from the lack of fees.Investors who want their investment to grow.A list of active nodes can be seen on nanocrawler.cc.Note: Bitcoin relies on both miners and nodes to run the network, but only the miners have a direct monetary incentive, yet there are 1000s of active nodes.Is new Nano being created?No. Nano has a fixed supply of 133 million — all of it in circulation.How was Nano originally distributed?Nano was distributed for free via a CAPTCHA faucet system where people around the world solved CAPTCHAs in exchange for Nano. The faucet ran for two years and was closed in 2017. 126 million Nano were distributed via the faucet, 7 million were set aside in a developer fund, and the remaining Nano were burned.Note: The lack of an ICO, where coins are sold off to early investors, means that Nano is safe from the SEC charging it for an unregistered securities offering.Is Nano suitable for charity?Yes. With the WeNano app, you can create a spot anywhere on Earth where people can go and pick up your donation. The lack of fees also makes it perfect for tipping, which you can do with the Nano Tipper on Reddit or the Nano Tip Bot on Twitter.Are Nano transactions reversible?Most decentralized currencies have probabilistic finality, which means you are never 100% guaranteed that a transaction is final. Nano has deterministic finality which means transactions are guaranteed to be irreversible once the recipient sees a 51% voting weight from the representative nodes, which on average takes less than one second.How decentralized is Nano?Bitcoin has grown less decentralized over the years because of how the economies of scale incentivize miners to form larger and larger pools. Nano does not rely on miners to run the network, which means it has no incentives that pull it towards centralization. If measured by the Nakomoto Coefficient, Nano is growing more decentralized by the day and is already ahead of Bitcoin.Is the Nano network healthy?The Nano network has had zero downtime since its inception. You can see live stats at nanoticker.info.ConclusionBitcoin failed us on its promises and has proven non-functional as a currency, but Nano has picked up the torch and is rapidly gaining awareness. If this piqued your interest you should go and ask some skeptical questions over in r/nanocurrency. I have added sources to most of my claims but please DYOR (Do Your Own Research), and if you do decide to invest I recommend checking this buyer’s guide.Nano is what Bitcoin hoped to be was originally published in Nano on Medium, where people are continuing the conversation by highlighting and responding to this story.
1 Year Later…
It’s hard to imagine WeNano without Nano. We all know that our little fast and fee-less currency powers a lot of our current set of features, and that is just a small part of Nano’s role on the platform. In the early days of WeNano, there really wasn’t much to do other than hop in, collect Nano, and carry on.However, one year later, everything has changed.We expanded from an iOS-only app to a fully-featured app available on iOS and Android.WeNano business started a wave of established and new business owners opening up their doors to our growing community.SpotChat and teleport functionality invited all users to connect with people from any part of the world with an active Spot.The introduction of SpotMarket made spending your Nano locally easier than ever.The ability to buy Nano in-app started with MoonPay integration early on and has most recently been expanded with the new Crypto-to-Nano exchange powered by ChangeNOW. (More details about this below.)There is definitely more Nano flying around between all the Spots and users than ever before, but the communities and events taking shape in-app are so much more exciting to see. Between our small team and our users, there are many varying thoughts about what the app can be as it matures over time. Some of us are hoping that WeNano becomes the social network that the world deserves. Some see WeNano as a lens that re-contextualizes the world into a Nano-powered community that can push progress both locally and globally. Some of us just see this as the most fun way to give and receive digital money. The through-line between all our visions is the importance of accessibility and utility to as many people all over the world.Commerce, culture, and community are the three pillars that we try to keep in our sights when developing anything in or around the WeNano products. We can’t possibly anticipate how the app will shape our future, or better yet, how our future will shape the app, but you should know that every one of you that has joined in on our little experiment and expressed your thoughts over the last year has helped steer the direction in which this project speeds toward.A special birthday guest: ChangeNOWOne of the concerns from the user base has been the ability for new Nano to enter the WeNano space. That’s why we’re very excited to announce the ChangeNOW integration that can be found under “Exchange” in your wallet tab. This allows most major cryptocurrencies to be exchanged into Nano and deposited directly into your WeNano wallet. You will notice some minimal fees but you should also know that this is one of the ways to directly support the ongoing development of WeNano. For more info on the exchange process, you can visit ChangeNOW.io.We have so much more that we’re excited to share with you and hope to do so as soon as possible. A huge thank-you to everyone who has given our little experiment a chance. This app only works because of the amazing community giving it life. At this pace, maybe in another year, it’ll be hard to imagine Nano without WeNano :)1 Year Later… was originally published in Nano on Medium, where people are continuing the conversation by highlighting and responding to this story.
Reclaim Your Financial Freedom With Klever Self-Banking — KuCoin AMA With Klever CEO Dio Ianakiara
AC MILAN GENERATE $6M USD IN NEW DIGITAL REVENUE FOLLOWING BINANCE FAN TOKEN LISTING
Alexandre Dreyfus, founder and CEO of Chiliz and Socios.com, and Casper Stylsvig, Chief Revenue Officer of AC Milan.Scroll down for ES,QUICK TAKESeven-time Champions League winners AC Milan listed their $ACM Fan Token on Binance, the world’s biggest cryptocurrency exchange, at 12:00 CET on February 24th, generating over $6M in new digital revenue in a matter of hours.Casper Stylsvig, Chief Revenue Officer of AC Milan, described the listing as a “remarkably successful strategic move.”The listing is the result of a strategic partnership with Chiliz, a fintech blockchain company that provides the biggest sporting and entertainment properties in the world with engagement and monetization opportunities through digital assets called Fan Tokens.23 major sporting and esports organisations have partnered with Chiliz to launch Fan Tokens on their blockchain-based fan influence and rewards platform Socios.com, including FC Barcelona, Juventus and Paris Saint-Germain.Fan Tokens generated $30M USD in revenue for clubs and partners in 2020, creating a new digital revenue stream and helping sporting organisations overcome the impact of the pandemic. The Fan Token Market cap currently stands at $194M. Many more leading organisations from sports, esports and entertainment are primed to launch Fan Tokens in 2021.MILAN FEBRUARY 25TH, 2021 — AC Milan, in partnership with fintech blockchain company Chiliz, launched the $ACM Fan Token on the world’s biggest cryptocurrency exchange Binance yesterday (February 24th) at 12:00 CET.The listing resulted in trading volumes of $50M USD in the opening 30 minutes and the generation of $6M in new digital revenue for the Serie A club.AC Milan initially launched their $ACM Fan Token on Chiliz blockchain-based fan engagement platform Socios.com earlier this month and are part of a network of 23 major sporting and esports organisations who have teamed up with Chiliz to launch Fan Tokens.Fan Tokens are digital assets that allow users to access a range of benefits, including the right to vote in club polls, VIP rewards, exclusive club & sponsor promotions, games, chat and ‘super-fan’ recognition.Casper Stylsvig, Chief Revenue Officer of AC Milan said: “The listing of the $ACM Fan Token on Binance, made possible by our partnership with Chiliz, has proved to be a remarkably successful strategic move.“Very early into our partnership we fully understand just what a powerful fan engagement tool Fan Tokens can be for us and how they can play a major role in our long-term digital and commercial strategy.”Fan Tokens generated over $30M USD in revenue in 2020 that was shared with Chiliz clubs and partners, creating a new digital revenue stream and helping clubs overcome the shortfalls caused by the impact of the pandemic. The Fan Token Market cap currently stands at $194M. Many more leading organisations from football, other sports, esports and entertainment are primed to launch Fan Tokens in 2021.Additional Chiliz Fan Token partners include the likes of FC Barcelona, Galatasaray and Trabzonspor. Leading esports organizations Team Heretics, NAVI, OG and Alliance have all launched Fan Tokens, while UFC have signed a global fan engagement agreement and fellow MMA organisation the Professional Fighters League will launch a Fan Token in the coming months.Founded in 2018 Chiliz ($CHZ) is a fintech blockchain company that provides sports & entertainment entities with tools to help them engage & monetize their global audiences. The company has multiple office locations around the world, including Malta, France, Turkey, Korea, Switzerland and South America and employs nearly 100 staff. In 2021 the company will open new offices in Madrid and New York.Alexandre Dreyfus, CEO & Founder of Chiliz and Socios.com said: “The $ACM Binance listing provides more concrete evidence of the revenue generating potential of Fan Tokens.“In just a few short hours the club generated revenues to help account for the millions lost due to the impact of the pandemic.“Fan Tokens are a powerful engagement and monetization tool, providing our partners with a high potential new revenue stream that can help clubs make up for the shortfalls of the last 12 months.“The current Fan Token market cap stands at $194M, but I’m looking forward to watching this evolve into a $1 billion dollar ecosystem, where the world’s leading sporting and entertainment properties will have their proprietary digital assets listed on the biggest global exchange.”More details on the evolution of $ACM since launch can be found here: ACM CoinMarketCap.Fan Token transactions can be viewed on the Chiliz Blockchain Explorer.ENDSEL AC MILAN GENERA 6 MILLONES DE DÓLARES EN UNAS HORAS TRAS LANZAR SU FAN TOKEN EN BINANCEAlexandre Dreyfus, fundador y CEO de Chiliz y Socios.com, y Casper Stylsvig, Chief Revenue Officer del AC Milan.SUMARIOEl club italiano, siete veces campeón de Europa lanzó sus Fan Tokens $ACM este miércoles en Binance, la bolsa de criptomonedas más importante del mundo, generando 6 millones de dólares de ingresos en cuestión de horas.Casper Stylsvig, Chief Revenue Officer del AC Milan, definió la salida a Binance del club como “un paso estratégico extraordinariamente exitoso”.La operación es el resultado de una asociación estratégica entre el AC Milan y Chiliz, una compañía fintech blockchain que proporciona a clubes y organizaciones deportivas la oportunidad de fidelizar y monetizar a sus aficionados a través de activos digitales llamados Fan Tokens.23 organizaciones deportivas de primer nivel, incluidas FC Barcelona, Juventus, Paris Saint-Germain, AS Roma o Atlético de Madrid, ya se han asociado con Chiliz para lanzar Fan Tokens a través de su plataforma de Fan Engagement Socios.com.El AC Milan es el sexto club que, además, lanza sus Fan Tokens a través de Binance, uniéndose así a Paris Saint-Germain, Juventus, AS Roma, Atlético de Madrid y el club de esports OG.Los Fan Tokens generaron 30 millones de dólares de beneficios a los clubes en 2020, ayudándoles a compensar las pérdidas ocasionadas por la pandemia del Covid-19 y consolidándose como una sólida y creciente fuente de ingresos para la industria del deporte.El valor de capitalización de los Fan Tokens del ecosistema Chiliz en este momento es de 194 millones de dólares. En los próximos meses está previsto que muchos más clubes y organizaciones deportivas de primer nivel lancen Fan Tokens a través de Chiliz.MILAN 25 DE FEBRERO DE 2021 — El AC Milan, en asociación con la empresa de blockchain fintech Chiliz, lanzó su Fan Token $ACM en Binance, la bolsa de criptomonedas más importante del mundo, el miércoles 24 de febrero a las 12.00 horas (CET).Este lanzamiento provocó un volumen de contratación de más de 50 millones de dólares en los primeros 30 minutos y generó hasta 6 millones de dólares en ingresos directos para el club italiano de la Serie A.Hace unas semanas el AC Milan lanzó su Fan Token $ACM a través de Chiliz, la primera bolsa tokenizada del mundo del deporte, y de la App de fan engagement Socios.com. El siete veces campeón de Europa se convirtió así en una de las 23 organizaciones deportivas en asociarse con esta plataforma de fan engagement que está transformando la forma en la que los clubes interactúan con sus aficionados.Los Fan Tokens son activos digitales que permiten a sus propietarios acceder a un amplio abanico de ventajas, entre ellas la posibilidad de participar en algunas decisiones del club votando a través de encuestas lanzadas en la app de Socios.com, disfrutar de ofertas y promociones exclusivas del club y sus patrocinadores y la posibilidad de ganar experiencias VIP físicas y digitales. Además, pueden interactuar con fans del club en todo el mundo a través de chats, juegos, concursos y otras utilidades de la App.El AC Milan es el sexto partner de Chiliz que lanza su Fan Token en Binance, uniéndose así a Paris Saint Germain ($PSG), Juventus ($JUV), Atlético de Madrid ($ATM), AS Roma ($ASR) y OG ($OG).Casper Stylsvig, Chief Revenue Officer del AC Milan, asegura: “El lanzamiento del Fan Token $ACM a través de Binance, posible gracias a nuestro acuerdo con Chiliz, ha sido un movimiento estratégico tremendamente exitoso”.“Acabamos de empezar nuestro partnership, pero ya estamos entendiendo hasta qué punto los Fan Tokens nos brindan una potente herramienta para fidelizar a nuestros aficionados y el rol tan importante que van a desempeñar a largo plazo en la estrategia digital del club”.Los Fan Tokens generaron 30 millones de dólares de beneficios en 2020, que fueron compartidos por Chiliz y sus partners, ayudando a los clubes a compensar las pérdidas ocasionadas por la pandemia del Covid-19 y consolidándose como una potente fuente de ingresos para la industria del deporte. El valor de capitalización de los Fan Tokens en este momento es de 194 millones de dólares. Nuevas organizaciones y clubes deportivos lanzarán sus Fan Tokens con Chiliz a lo largo de 2021.Además de los ya citados, entre los partners de Chiliz figuran clubes europeos de primer nivel como FC Barcelona, Galatasaray y Trabzonspor, las organizaciones de esports Team Heretics, NAVI, OG y Alliance o las marcas de MMA (artes marciales mixtas) Professional Fighters League (PFL) y Ultimate Fighting Championship (UFC).Fundada en 2019, Chiliz ($CHZ) es una compañía blockchain fintech que ofrece a organizaciones deportivas y de entretenimiento herramientas para fidelizar y monetizar a sus audiencias globales. La compañía cuenta con sedes en Malta, Francia, Turquía, Corea del sur, Suiza, Sudamérica y cerca de 100 empleados. Recientemente ha anunciado que en 2021 abrirá oficinas en Madrid (España) y Nueva York (Estados Unidos).Alexandre Dreyfus, CEO y Fundador de Chiliz y Socios.com asegura: “El lanzamiento de $ACM en Binance demuestra de forma incontestable el enorme potencial que tienen los Fan Tokens para generar ingresos para los clubes”“En sólo unas horas el club ha generado ingresos que sirven para compensar las pérdidas ocasionadas por la pandemia del Covid-19”.“Los Fan Tokens son una herramienta de fidelización y monetización muy poderosa que ofrece a nuestros partners una nueva fuente de ingresos muy potente para compensar las pérdidas sufridas durante los últimos 12 meses”.“En este momento el valor de cotización de los Fan Tokens es de 194 millones de dólares, y estimamos que crecerá hasta un ecosistema de mil millones en el que que cotizarán las organizaciones deportivas más importantes del mundo”Para más detalles sobre la evolución de la cotización de $ACM visiten: ACM CoinMarketCap.Las transacciones de Fan Tokens pueden seguirse en directo a través del Chiliz Blockchain Explorer.-FIN-AC MILAN GENERATE $6M USD IN NEW DIGITAL REVENUE FOLLOWING BINANCE FAN TOKEN LISTING was originally published in Chiliz on Medium, where people are continuing the conversation by highlighting and responding to this story.
What Is KuCoin Token (KCS) And How Does It Work？| KuCoin Crypto Gem Observer
Exchange tokens are one of the hottest topics of the crypto market. Driven by the bullish sentiment, the price of major exchange tokens is on an upward trend. KuCoin’s native token KCS has had an amazing performance over the past 2 months. At the beginning of 2021, KCS rose from a low of $0.66 to a high of $6.95, an increase of over 1,000%. In addition, KuCoin also announced that “Empowering KCS” will be one of the key priorities in 2021 and beyond, which also boosted the confidence of KCS holders.So, what exactly is the KCS? What is KCS used for? And what benefits can be obtained by holding KCS?In this article, KuCoin Blog will take you deep dive into the KuCoin native token KCS and its ecosystem.What Is KuCoin Token (KCS)KCS is the native token of KuCoin, which was launched back in 2017 as a utility token that allows traders to share the growth benefit of the exchange. It is currently issued as an ERC-20 token running on the Ethereum network and was supported by most Ethereum wallets. Sooner or later, as the KuCoin decentralized trading solution goes live, KCS will be the native asset of KuCoin’s decentralized financial services as well as the governance token of the KuCoin community in the future.The total supply of KCS was set at 200 million, and there is a planned buyback and burn until just 100 million KCS remain. KCS currently has a total supply of 169,843,459 and the circulation supply is 79,843,459. The total market cap of KCS is $438,728,748, ranking it in the top 100 on CoinMarketCap.KuCoin is a global crypto exchange that currently provides Spot trading, Margin trading, P2P fiat trading, Futures trading, Staking, and Lending to its 6 million users in 207 countries and regions around the world. KuCoin ranks 8th on CoinMarketCap and 10th on CoinGecko. As the core of the KuCoin ecosystem, KCS, will be the underlying fuel and native token of the KuCoin decentralized products, which will benefit the KCS holders and ecosystem builders.What Makes KCS Unique?KCS Bonus is a unique incentive mechanism for KCS holders and KuCoin ecosystem builders. It is also regarded as one of the best ways to make passive income. Users who hold at least 6 KCS can get a daily bonus, which comes from 50% of KuCoin’s daily trading fee revenue. The amount of rewards that users can get depends on the number of KCS held and the trading volume of the KuCoin Exchange. With the increasing trading volume of KuCoin, the estimated APR of KCS bonus exceeds 30% lately. According to the KuCoin annual report, one KuCoin user got 70,000 KCS bonus in 2020 and the current value is over $350,000. Buy KCS and get a daily KCS bonus.What Is KCS Used For?KCS, as a utility token, has a number of use cases. In the KuCoin ecosystem, KCS can be used to pay trading fees on the KuCoin Exchange, allowing users to enjoy discounts of 20%. The use case of KCS also includes participation in token sales on KuCoin Spotlight, as well as LockDrop/BurningDrop on the Pool-X platform.Furthermore, KCS, as a payment method, also has a lot of use cases, such as:SwirlPay, a decentralized payment service, supports KCS payments.PlayGame, a direct-to-play gaming platform, enables users to play games with KCS.KCS can be used to make hotel reservations on Travala, the leading blockchain travel booking platform.Purchase fashionable products on Print-ted with KCS.KCS is able to serve various offline and online payment scenarios via Pundi X.Use KCS to buy monster card packs on Splinterlands.Collateralize KCS to borrow US Dollars (USD) and Vietnamese Dong (VND) on Constant.CoinPayments, a borderless online payment platform, accepts payments in KCS.BetProtocol added KCS as the main token used on their gaming applications.What Is KCS Burn?The KCS team is executing KCS buyback and burn regularly. Starting from January 2021, the KCS team decides to adjust the period of KCS buyback and burn from each quarter to each month. In each period, 10% of the net profit will be applied to the buy-back of KCS. As of now, the KCS team has burnt 30,156,541 KCS, accounting for about 15% of its total supply.The New Chapter of KCSTo better develop and optimize the existing smart contract and to empower KCS to engage in the blockchain ecosystem in a more multi-dimensional way such as through DeFi, DEX, etc, the KCS smart contract has been upgraded in January 2021. According to the KuCoin and KCS roadmap for 2021–2023, the upgrade of the KCS smart contract is just the beginning, as there will be more KCS products going live in the future. At the end of 2021, KCS will be the underlying fuel and native asset of KuCoin’s decentralized financial services.KuCoin has also announced that “Empowering KCS’’ will be a key priority of KuCoin and will build KCS as a killer product rather than a simple token, which is bound to further diversify the benefits that KCS holders can access. With the development of the KuCoin ecosystem and the increasing number of KCS holders, KCS will enter the top 30 or even the top 15 of total market cap in 2–3 years.Closing ThoughtsAs a native and utility token, KCS has lots of use cases. Driven by the prosperity and development of the KuCoin ecosystem, the value capture capabilities of KCS will be further enhanced. In the long run, KCS performs as the key to the entire KuCoin ecosystem, as well as the governance token of the KuCoin community in the future. So, the future of KCS is worth looking forward to.Find the Next Crypto Gem on KuCoin!Follow us on Twitter >>> https://twitter.com/kucoincomJoin us on Telegram >>> https://t.me/Kucoin_ExchangeDownload KuCoin App >>> https://www.kucoin.com/downloadWhat Is KuCoin Token (KCS) And How Does It Work？| KuCoin Crypto Gem Observer was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.
A Complete Guide to aETH Liquidity Farming
Intro to aETH’s yield opportunities, full list of supported DEXes and moreIn October 2020, when we first introduced aETH — our synthetic bond asset enabling liquidity for ETH stakers — the “DeFi summer” was just beginning. Since then, the sector continued to grow rapidly, turning into a $60+ billion market. Over that period, aETH’s role was expanding as well, as we proceeded to add more yield opportunities and use cases for the asset. This article explores liquidity farming opportunities for aETH holders.What is aETHaETH is a synthetic reward bearing bond asset that enables instant liquidity for the Ethereum 2.0 network. It represents the staked ETH plus all future staking rewards.At the start in December 2020, aETH was issued at a ratio of 1:1 to the amount of ETH staked. Over time, 1 aETH is expected to grow in ETH value, as it contains the principal stake plus staking rewards.aETH allows users to stake Eth2 and redeem rewards before the phase 1.5 goes live and the lockup period ends (which can take up to several years).Another important use case for aETH is liquidity farming. aETH holders can provide liquidity to aETH-supporting pools on decentralized exchange platforms (DEXes) and earn from transaction fees.How aETH liquidity farming worksaETH holders are rewarded for providing liquidity on DEXes for any pools supporting the asset. For instance, if there’s an aETH/ETH pair listed, aETH holders can lock up their holdings (along with the proportional amount in ETH). In return, you get a liquidity token, which you can then stake on the same platform and harvest rewards, earning a commission on trades involving the assets you’ve deposited to the pool.Please note that liquidity contains certain risks, as there is a good chance that you might experience impermanent loss, along with exploitation risks. Please do your own research on liquidity/yield farming before taking any action.Below is the list of DEXes supporting aETH-enabled pools:The full list of decentralized exchanges with aETH poolsUniswapAs aETH holder, you can provide liquidity to the following pairs on Uniswap: Eth/aETH, USDC/aETH, DAI/aETH.To get started, follow these simple steps:Go to Go to https://uniswap.exchange/pool and connect to your walletSelect the relevant aETH poolEnter the amount you want to add to the liquidity pool and confirmAs soon as the transaction is confirmed in your MetaMask wallet, you will become a liquidity provider and receive the relevant LP token.Sushi SwapYou can earn $SUSHI by adding liquidity to aETH/ ETH and aETH/ USDT pools on SushiSwap.Go to https://exchange.sushiswapclassic.org/#/pool and select the aETH token pair you want to add liquidity toFill in the amounts you want to add and click “Supply”After you approve the transaction, you will receive Sushiswap LP tokens in your wallet representing the share you have deposited in the aETH pool.You can also receive become an aETH liquidity provider on the following DEXes:Curve: ETH/aETHSnowSwap: eth2SNOWBakerySwap: aETH/ETH and aETH/BETHyearn.finance: crvANKROnX Finance: aETH/ETHFollow Ankr hereWebsite | Twitter | Telegram Announcements | Telegram English Chat| LinkedIn | Instagram | Ankr Staking | DiscordA Complete Guide to aETH Liquidity Farming was originally published in Ankr on Medium, where people are continuing the conversation by highlighting and responding to this story.
Wanchain And Benchmark Protocol Form A Strategic Partnership; wanTokens Empower Benchmark…
Wanchain And Benchmark Protocol Form A Strategic Partnership; wanTokens to Empower Benchmark MarketplaceStrategic Partnership Between Wanchain And BenchmarkIn February 2021, Wanchain and Benchmark Protocol formed a strategic partnership. On the basis of Wanchain’s innovative multi-chain bridges and Benchmark Protocol’s brand-new P2P lending platform Benchmark Marketplace, both parties will carry out in-depth and constructive cooperation on cross-chain DeFi applications empowered by cross-chain mechanism.In a pragmatic spirit, the two parties have reached an agreement to use “Benchmark Marketplace + wanTokens” as the entry point, allowing assets (wanBTC, wanETH, wanUSDT, wanDOT, WAN, etc.) on popular public chains to be integrated into Benchmark Marketplace, and those assets will be used for the lending types of tokens. By doing so, the Benchmark Marketplace, powered by cross-chain, will have richer lending tokens and better services as well as greater competitiveness. The two parties will put forward “Cross-chain + DeFi applications” step by step.Benchmark Marketplace: Lender-driven exchanges for Loan Offerings with More choices of Cross-chain AssetsThe Ethereum-based Benchmark Marketplace creates a lender-driven exchange for loan offerings. A lender creates a Marketplace contract through the Benchmark interface and defines the conditions (such as the lending out tokens, the loan ratio, etc) for their loan offering. A single loan offering can serve many different borrowers, as long as the created Marketplace contract holds enough tokens to provide the loan.The peer-to-peer lending services, the custom lending cryptocurrencies and interest rates, the any-time payoff mode, and the 100% fully decentralized lending mechanism constitute a remarkable highlight of the Benchmark Marketplace.Wanchain’s cross-chain mechanism will enrich the types of loanable cryptocurrencies on Benchmark Marketplace. Wantokens such as wanBTC, wanETH, wanUSDT, wanDOT, WAN will be integrated to the Marketplace step by step, so as to meet the needs of both borrowers and lenders.Wanchain Multi-chain Bridges Mechanism: Supports Cross-chain wanTokens, enabling unlimited possibilities for cross-chain DeFiWanchain empowers developers to build truly trustless, decentralized, cross-chain financial applications which connect with real world value. Wanchain has been building infrastructure to enable interoperable DeFi since 2017. In the past four year, the team has successfully cross-chain integrated with BTC, ETH, EOS, ERC20, etc.The Multi-chain Bridges mechanism is a novel cross-chain solution proposed by the Wanchain team to provide a high level of security and scalability. In this mechanism, all the direct bridges are run by a shared Storeman group with a shared staking deposit pool. This design reduces the complexity of the cross-chain process and ensures that all the cross-chain assets can freely “flow” among any chain. Moreover, it increases the maximum cross-chain capacity of a single bridge in security precondition.The partnership between Wanchain and Benchmark Protocol will achieve a seamless integration of wanBTC, wanETH, wanUSDT, wanDOT, WAN and other cross-chain assets on Benchmark Marketplace. Due to the perfect design of Wanchain’s multi-chain bridges mechanism, the security of cross-chain assets and the smooth experience of cross-chain assets lending are effectively guaranteed.About Benchmark ProtocolBenchmark Protocol is a Supply Elastic Collateral and Hedging Device, Driven by the Volatility Index. The protocol operates as a rules-based utility that dynamically adjusts supply based on the CBOE volatility index (VIX) and deviations from the target metric — equal to 1 Special Drawing Rights (SDR) unit. Employing the SDR creates a larger use case rather than exposure to just one currency; the application of this creates a larger user base and delineated exposure to markets around the world. The DeFi space needs a collateral utility that retains its efficacy and increases inherent, baseline liquidity during periods of high volatility.Benchmark is built on the Ethereum Blockchain. The MARK token is the native asset in the Benchmark network and provides only the utility value available to it through the Benchmark network.About WanchainWanchain empowers developers to build truly trustless, decentralized, cross-chain financial applications which connect with real world value. Wanchain has been building infrastructure to enable interoperable DeFi since 2017. Wanchain’s Storeman node powered cross-chain bridges eliminate the barriers between blockchains and allow you to use assets from multiple blockchains with differing technical architecture in your favorite DeFi applications. Multi-party computation, threshold secret sharing, and crypto-economic incentives power their solution for moving value between chains in a trustless, permissionless, and decentralized manner.Wanchain has employees globally with teams in China, the USA, and other team members around the world in Asia, Africa, and Europe.Wanchain And Benchmark Protocol Form A Strategic Partnership; wanTokens Empower Benchmark… was originally published in Wanchain on Medium, where people are continuing the conversation by highlighting and responding to this story.
KuCoin AMA With CUDOS — Building A Global Compute Network, Powering Web 3.0
KuCoin AMA With CUDOS — Building A Global Compute Network, Powering Web 3.0Dear KuCoin Users,Time: February 22, 2021, 09:00–09:55 (UTC)KuCoin hosted an AMA (Ask-Me-Anything) with CUDOS in the KuCoin Exchange Group.Project Introduction:CUDOS is a cross-chain decentralized compute network being designed to empower Web 3.0. It will enable anyone to sell their computing or consume decentralized computing resources either via blockchain/smart contract or via more traditional cloud computing API’s.Official Website: https://www.cudos.orgWhite Paper: https://www.cudos.org/wp-content/uploads/sites/17/2021/01/CUDOS-WHITE-PAPER-V.3.2.pdfFollow CUDOS on Twitter and Telegram.Guest:Jeffrey Elliott — CUDOS Head of CommunityAfter studying Law at BPP University, Jeffrey went on to build his own educational investment website and community. From there, Jeffrey went on to begin working with blockchain companies, helping them to build their own communities from scratch and raise funds during their token sales.Q&A from KuCoinQ: Can you please give us a brief overview of CUDOS?Jeffrey: CUDOS is a cross-chain decentralized compute network being designed to power Web 3.0. It will enable anyone to sell their computing or consume decentralized computing resources either via blockchain/smart contract or via more traditional cloud computing API’s.In essence, what this means is CUDOS is one of the few networks which can power other blockchains and scale to the demands of cloud computing required today.Q: How could CUDOS change the current landscape of cloud computing?Jeffrey: Our aim is to build a global compute network which powers blockchain and traditional computing. All this while also using the spare computing that is available to create a greener cloud computing than what exists today.Because the team comes from data center and cloud provider backgrounds, so we took a different approach. CUDOS is bridging the gap between traditional cloud (which is a $200 billion per year industry) and blockchain enabling the scalability and flexibility of traditional cloud with the decentralized and trustless nature of blockchain.At the moment, if you want to scale computing, you typically need to use the large hyperscalers like AWS, Google, Alibaba etc… These are very expensive resources and you pay a premium.CUDOS enables traditional cloud computing to scale on the CUDOS network and use the spare computing capacity. You also expect to consume these resources via known API’s which is what is used to scale. CUDOS provides this capability.CUDOS was designed to use already existing computing capacity. We have a desktop client and OS which makes use of the device’s spare computing. This will run on a PC, games console, or in full data center environments.The closest you have to this at the moment in my opinion is Filecoin for storage, and essentially we are doing the same for Computing. We are actually working with the Filecoin / Protocol Labs team on the storage integration side.There currently isn’t a successful cloud computing marketplace that does this at the moment that can also service non-blockchain compute.Q: What benefits could CUDOS provide over the current market leaders?Jeffrey: There are a number of great market leaders in the space. These include the likes of Near Protocol, Oasis Protocol, and Matic Network. The vast majority have focused purely on smart contracts.You of course have Ethereum and the upcoming Ethereum 2 as well.CUDOS enables you to scale out compute on EVM/eWASM, Docker Containers and VM’s on a global compute network. We have over 20,000 compute nodes and over 250,000 users which is scaling quickly, giving us substantial global compute capacity.We have AMD rebranding our technology which you will see in the coming weeks, and Ultra integrating our compute engine. Between them, we are due to expand the network to over 1 million nodes in 2021. We are currently live in over 145 countries.As well at this network, we have been busy signing up global data center providers and bandwidth providers to expand the network further.The difference is we took a market approach first and applied the technology to that which is what is giving us the quick scale of network and users. I say quick, but we have been working on this for 3 years now.Q: What are the top use cases for the CUDOS token?Jeffrey: I’ll break it down into a few different ones.Providing turing complete solutions to non-turing complete networks:Algorand is a good example, and we have a partnership with Algorand. Algorand is a low-cost fast transaction network, but because of the design choice, it is limited in its functionality and it is not turing complete. Working with Algorand, we are integrating the CUDOS network so that Algorand smart contracts will be able to do full turing complete work using the CUDOS network. The network can run this in WASM, Docker or VM’s.Providing global, scalable and decentralized compute for blockchains and smart contracts:We have other networks we are working with like NKN, Noia Networks, etc. that are lined up to use the CUDOS global network to expand their own network coverage.Providing scalable cloud computing:Resources can be consumed on the network as required in the same way as traditional compute, but in a greener, more efficient manner.Lowering the cost of compute/transactions and DeFi on blockchains:The transaction costs and compute costs on the CUDOS network are substantially lower and scale better. We are able to scale on EVM, eWASM, Rust and other languages. Also, this provides greater language flexibility.Q: It sounds like CUDOS will have a great competitive edge in the traditional landscape as well as in the blockchain world. However, in order to grow and attract a strong user base, it’s important to have good strategic partnerships. Who are you currently working with?Jeffrey: I covered a few earlier, but below are some I can talk about at the moment, as many others will be announced in the coming weeks:Algorand as the first Blockchain and working directly with the team there.CryptoCompare and CoinMarketCap as 2 of the first planned DeFi Dapps to be going live on the network.NKN and Noia Network are a couple of the first network connectivity providers that will be using the network for global nodes.Many Validators onboarded which we’ll be announcing over the next few weeks. These are a mixture of Staking Validator providers and also global data center and hosting providers.Software platforms that are integrating our platform to monetize their users’ hardware include the likes of Ultra gaming network, which is like a blockchain version of Steam and lets gamers sell their games afterwards.Gather is using the CUDOS network to scale its underlying blockchain network.Blendergrid is using the network to scale video rendering films and movies, which is one of the largest Blender rendering platforms.Kings Partnership (distributed compute labs) — For providing global research and distributed compute / HPC.There are many more we have been working with we will be announcing in due course.Q: Is there anything else you would like to share or you want us to know?Jeffrey: Sure, please visit our channels and join our community to stay up to date with what we’re up to. We have lots of exciting updates coming in the next few weeks!Website: https://www.cudos.orgTwitter: https://twitter.com/CUDOS_Telegram: https://t.me/cudostelegramFree-Ask from KuCoin CommunityQ: What does the word CUDOS stand for?Jeffrey: Cudo is latin for coin/money, Kudos means good essentially, and we want to create good and better use of global computing and enable anyone to earn off their hardware and items they purchase, hence the merging of the 2.Q: What are some strategies you have for CUDOS in the short, medium, and long-term?Jeffrey: We have been building this for 3 years, and so we are focused on the long term ourselves. We have a large number of partnerships, Dapps, blockchain integrations and also major compute buyers going live over the coming months this year as certain features go live. This provides a solid long term future for the network.Q: Do you plan on expanding your collaboration with other big companies besides AMD? What will the cooperation with Sony be like if it happens?Jeffrey: We are a key partner of AMD, the chip provider. Our software is running their blockchain partnerships. Also, we are releasing an AMD branded version of our software in a few weeks, enabling anyone to monetize their hardware. We get access to their entire community. We work closely with their R&D team. We are bringing out an enterprise version of the software later in the year, enabling their enterprise clients to use our network.Q: How do you see the Asia market? Does your team have any plan to approach ASEAN, which is a potential market in crypto, and has many great teams and investors who want to work and earn money from crypto?Jeffrey: Yes, we have just kicked off our marketing activities in Asia and are backed by agencies based in the region in order to make the most of their networks and spread the CUDOS messaging far and wide!Q: Many new projects made a good impression at first but were suddenly abandoned. How will you manage your CUDOS token project to gain a place in the market and become a better token in the blockchain world? At the moment, where are you focusing right now?Jeffrey: We are very focused on the long-term goal and on communication to the community and have been working hard on this. We also have new team members joining in the following weeks to maximize this. The unique aspects for me are the fact that we run other blockchains’ actual nodes, not just the smart contracts, that we run standard cloud computing which is a huge market, and the security aspect of being able to securely run compute and blockchain workloads anywhere in the world.When you deploy compute, you can choose to run your own consensus, select your own nodes, own countries etc… it essentially lets you build your own chainlink or other similar such network in a very short time frame.Giveaway SectionKuCoin and CUDOS have prepared a total of 25,000 CUDOS to give away to AMA participants.1. Red envelope giveaways: 6,400 CUDOS2. Free-ask section: 600 CUDOS2. Post-AMA activity: 18,000 CUDOSActivity 1 — Quiz: 15,000 CUDOSActivity 2 — Price Guess: 3,000 CUDOSNote: Users from the United States of America and its territories are not able to trade CUDOS on KuCoin.If you haven’t got a KuCoin account yet, you can sign up here!Follow us on Twitter, Telegram, Facebook, Instagram and Reddit.KuCoin AMA With CUDOS — Building A Global Compute Network, Powering Web 3.0 was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.
See What’s Hot Worldwide with the New Viberate Charts
We’ve created 50+ unique music charts to explore who and what’s currently popular.Charts are a music industry staple. There’s probably no other tool that reflects “current affairs” more handily or understandably. Everyone likes a good chart, as it can tell a story at a glance.New kind of charts for a new era of musicLong gone are the times when album sales reigned supreme. Online music consumption is extremely dynamic and diverse, so we wanted to go beyond the usual stuff and create unique charts that would be:🤸 flexible, meaning they would cover all the relevant social media and streaming channels,⚖️ unbiased, meaning they would realistically reflect the online accomplishments of each artist, label or festival, and⏲️ up-to-date, meaning they would reflect how music tastes in the world are changing right now.Now, we’re proud to deliver over 50 diverse charts — all freely available to registered users — and the number is growing.With the Viberate music charts, you can quickly and effortlessly gain various interesting insights: who are the artists with the most YouTube views each week, which were the most streamed Electronic tracks on Spotify in January, which upcoming festivals are the most popular, which Hip Hop Spotify playlist has the most followers right now … pretty much anything you can think of.You can also explore deeper and throw music genres into the mix. Simply click through the different categories in the All Charts section to see how popular certain music genres are on various channels and in different parts of the world.Try it out and explore for yourself. For more detailed research into artists, labels, festivals, genres and other things music, try Viberate analytics.Start your free trial with the plan that best suits your needs. Almost every music artist in the world can be found here, so there’s lots to discover.https://medium.com/media/7c1d0381dcc5a9ce08824baf3417e55c/href| Viberate.com |Instagram| Facebook | Twitter | LinkedIn | Reddit |See What’s Hot Worldwide with the New Viberate Charts was originally published in Viberate on Medium, where people are continuing the conversation by highlighting and responding to this story.
Prometeus Labs introduces Coldstack: UBER for clouds
Greetings, dear community members! Today we are proud to introduce you to the second project, incubated by Prometeus Labs — Coldstack. ColdStack is a Decentralized Cloud Storage Aggregator that provides a single entry point to Decentralized Clouds such as Filecoin, SIA, Arweave and Storj with unified API and billing. This eliminates the need for our clients to deal with different APIs and different Clouds. They can reuse existing tools or SDK clients designed for the Amazon Simple Cloud Storage (S3) API, which becomes the de-facto standard for the data storage industry.General informationWebsiteChatAnnouncementsTwitterTry nowNative currency: CLS;Tokenomics: TBA;Public sale: TBA;Introduction and the back storyBefore the ColdStack project was founded, it’s core team participated in the development of two projects, which are the parts of Prometeus Ecosystem: Stoa — a data monetization platform and Ignite — a decentralized social network. These projects have been actively using Decentralized Data Storage Networks.During the development of these projects, the future ColdStack team adopted and tested most of the popular Decentralized Clouds (such as Arweave, Filecoin, SIA etc). They faced the same problems again and again and that led them to the idea of creating an aggregation platform with unified API that will make unnecessary such integration efforts. A decision was taken to create such a platform as a separate project and that’s how ColdStack was launched.As the world’s first Decentralized Cloud Platform Aggregator, ColdStack aims to offer a single entry point to any Cloud, optimizing the final costs for consumers with our AI-based pipeline. Beyond this, the platform also allows you to tokenize your data with its own tradable Non-Fungible Token (NFT).ColdStack clients need not to deal with different APIs and different Clouds. They can reuse existing tools or SDK clients designed for the Amazon Simple Cloud Storage (S3) API, which becomes the de-facto standard for the data storage industry. They also can combine multiple Decentralized Clouds in one dApp.Coldstack usecasesWeb3 infrastructure project: ColdStack can provide the client’s dApp with Web3 based “all-in-one” experience for unified data management to deal with heterogeneous data of any size;DeFi services: ColdStack can store and retrieve large hybrid datasets for DeFi services like payout schedules and token bonding curves. Most of this data isn’t frequently accessed but must be stored for a very long time or even forever;Blockchain based games: ColdStack can help game developers with the cheap and reliable storage for the archive data about the players activities. It must be stored during a long period. It will make all the payments and rewards more transparent and auditable;NFT marketplaces: ColdStack is a very affordable Digital Asset Storage for any NFT marketplace, especially for large files;Current statusCurrently coldstack is now live on Ethereum Rinkeby testnet. You can try it here. Please note that you have to have a crypto wallet like a Metamask to upload and retrieve the files. You will be provided with a 1.00 ColdStack testnet token (more than enough for test purposes). In the Live Demo, it has been creating NFTs in Rinkeby testnet for every uploaded file. You can find those NFTs here.Official website: https://prometeus.ioTwitter: https://twitter.com/prometeusnetChat: https://t.me/promnetworkTrading group: https://t.me/Prometeus_tradingAnnouncements: https://t.me/promnetwork_annPrometeus Labs introduces Coldstack: UBER for clouds was originally published in Prometeus Network on Medium, where people are continuing the conversation by highlighting and responding to this story.
How Convenient Is Automated Crypto Bot Trading? What Trading Strategies You Can Choose?
[Partnership] WITH x Hiblocks
Hello WITH people!WITH has signed up a partnership with the Hiblocks, a blockchain-based social media platform designed for any user.WITH will cooperate with Hiblocks to boost up sports teams’ and players’ public relations. Sports-related content for fan entertaining also a crucial part of this MOU.블록체인 기반 스포츠 경력관리 플랫폼 위드, 하이블럭스와 협력한다▶About HiblocksHiblocks is a blockchain-based social media curation platform that rewards its own users. By minimizing the sharing process, users can curate easily by sharing the contents from other platforms. Hi-Tokens are rewarded accordingly through various activities conducted on the platform.Telegram(KOR): https://t.me/projectwith_korTelegram(ENG): https://t.me/projectwith_engProjectWITH Web: http://projectwith.io/Facebook: https://fb.me/ProjectWITHBlog : https://blog.naver.com/projectwithInstagram : https://instagram.com/projectwith_official?igshid=6dyzm9rfwujh[Partnership] WITH x Hiblocks was originally published in ProjectWITH on Medium, where people are continuing the conversation by highlighting and responding to this story.