Author: dfmines

Bitcoin price losses keep coming but coins dormant for at least a year now account for 60% of the total BTC supply.

Finding mainstream use cases for non-fungible tokens is the next objective to take NFTs to the masses. French startup Sneakmart, with its dedication to streetwear, is tapping into the sneaker collector market. The company will bring limited-edition sneaker NFTs to collectors worldwide through mystery sneaker boxes. Sneakmart Modernizes Sneaker Collecting One of the biggest trends in recent years is the acquisition of limited-edition sneakers and reselling them for a higher value. It is a lucrative business that can yield returns of up to 10x the initial purchase price. Sneakerheads love collecting, wearing, and showing off their footwear portfolio, yet it is challenging to get in on these rare drops as a newcomer. Sneakers represent a resale business of over $6 billion annually despite that latter aspect. It is a growing market with rising prices across secondary markets, confirming the demand for these shoes isn’t slowing down yet. However, Sneakmart sees an opportunity to enhance this market through NFT technology. Non-fungible tokens are popular across secondary markets and can often fetch a more than fair price. Sneakmart has established its presence in the sneaker space through a mobile application dedicated to streetwear. That expertise has given the company insights into how buying physical pairs isn’t too different from acquiring digital pairs to collect and resell. Moreover, there is the recent acquisition of RTFKT by Nike, confirming manufacturers’ look toward digital sneakers and accessories as NFTs. The Metakicks Initiative To further pursue the options in the digital world, Sneakmart launched Metakicks, an NFT collection of sneakers distributed as mystery boxes. When users acquire a Metakicks mystery box, they won’t know which sneaker pair they will get. Users can open the box and use their NFTs in the metaverse or resell the box on the secondary market. A total of 6,250 Metakicks boxes will be made available come February 2022. Sneakmart Co-founder and CEO Anthony Debrandt adds: “Sneaker addicts love to collect and wear a lot of sneakers. Everyone loves sneakers today, everyone wears them. With Metakicks, we want to give the opportunity to start collecting digital sneakers through unique designs.” Every pair of sneakers adheres to one of the 15 unique 3D animated sneaker designs. In addition, there are four tiers of rarity: epic, super rare, rare, and normal, each with different quantities. Some of the designs will feature unique editions featuring celebrities, adding an extra layer of excitement and surprise to these mystery boxes. Furthermore, buyers of the mystery box have a 10% chance of winning a physical pair of limited edition sneakers. Those odds are over 20% as high as trying to participate in a physical sneaker drop. Metakicks is also getting a series of 1-of-1 pairs through collaborations with brands, such as Savoir Fair Paris. It is an excellent way of bridging the gap between physical and digital sneakers, NFTs, and collectibles.  

Coin Bureau's new YouTube video titled, 'One World Cryptocurrency' is an obvious scam. Most of the comments on that video are probably bots. Its a 1 minute video and it just contains some slides on how to buy the new scam coin. Not sure if coin bureau is the only one affected by this hack.…
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Latoken’s Twitter account started to publish accusations of scams and mistreating employees.

The only way to know when the bottom is, is in hindsight after you have missed it and see everything start to gain in value again. So to those trying to time the market and not buying till the very bottom it is very likely that you will continue to wait for cheaper and cheaper…
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And I did not do that, so don't be like me. Even though I said it before and even though I have written it now and even though I have been saying it to myself for the last 5 months greed has done its thing and I have not saved a single dollar, euro or…
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The NFT marketplace bug was reportedly discovered on Dec. 31, which showed transferred NFTs as listed on OpenSea.

It’s no secret that a significant portion of this sub are small time investors, and while not inspirational, it’s also no secret that it takes money to make money. I mean what I’m about to say as genuine advice, not to make fun of anyone, but a lot of people here really need to take…
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