Category: Cryptocurrency News

Cryptocurrency News and Public Mining Pools

TC Mediacoin: A Blockchain-based Crypto Economy Where Content Creators Are Offered Freedom, Control & Unlimited Earning Potential

We all know that when it comes to freedom of expression, platforms like YouTube, Instagram, Twitter and alike haven’t always lived up to their promises. The landscape for creators is constantly changing with regard to what can and can’t be expressed, monetizing their content, and adhering to guidelines and rules policed by, well, who really knows? Therefore, artists, vloggers, influencers and entertainers have much to consider before creating and publishing their work to avoid being demonetized at best, or at worst, banned from a platform altogether, and all that hard work is simply thrown in the trash. One company led by crypto visionary, Sergey Sevantsyan, believes it has created the perfect platform where creators and influencers are truly free, and able to combine traditional ways of publishing and generating income with new opportunities like earning income from NFTs and crypto investments. Empowering content creators TC Mediacoin is a blockchain-based platform that empowers content creators by offering them complete freedom of expression and providing a multitude of ways to earn income rather than trying to control content creators. Here creators choose which content they want to monetize, are free to sell files, videos, create and sell NFTs, earn through coin farming and learn to trade in cryptocurrency. If you don’t know anything about NFTs, no problem, the company offers a turnkey service to help you create your own and sell them. And, unlike mainstream platforms, here there are no community guidelines, no moderators, and for audiences and followers in particular, no annoying popups or advertising on the platform whatsoever. The mission According to the company’s CEO, TC Mediacoin wants to unite the real world with the crypto world and take the fear out of investing in cryptocurrency. To achieve this the company has created its own mini crypto economy based on the already established MC coin, which everything else revolves around. To ensure this happens it has developed a range of useful products and tools to power this crypto economy, including a debit card program with payment available in both fiat and crypto, a marketplace for products and services, an NFT marketplace, and a soon to be launched crypto exchange. Education and training Although content creators can earn on the platform by doing what they do best, the company wants them to maximize their earning potential and also explore new opportunities. So, to help with this, Mediacoin offers free masterclasses on the basics of crypto investing and how to effectively use the platform’s tools and features to their full potential. After learning the basics, individuals can choose to pay for more advanced lessons offered at the company’s crypto school, taught by industry professionals. In addition, the company offers open presentations and talks about crypto and TC Mediacoin between 2-6 times per week in English, Russian and Spanish languages. How investing works Unlike other cryptocurrencies, individuals cannot mine or mint Mediacoin. MC coins can only be obtained through “staking”, which means an individual buying a coin. However, it is possible to invest in the company’s coin farming process and be rewarded for your investment according to tokenomics. Investing in this process takes time, with it taking between 5-8 years to create a new coin. Remember, this is a long-term investment, you’re buying a stake in the business – therefore, if you want to withdraw your investment early, expect a penalty of around 28%. However, on the upside, investors in the mining process can expect to receive 10% interest per month on their investment until the mining period is over. And, over this time, the coin’s value should have increased considerably. The Mediaverse Mediacoin plans to launch its own web version metaverse by June 2022, where people can learn, earn money and generally hang out and relax. Stars, influencers and followers can all interact together offering creators the opportunity to show off and sell their NFTs. Although June’s version will be in 2D format, a virtual reality version where glasses can be used won’t be far behind. To help raise awareness and promote everything that’s happening within the platform, TC Mediacoin has introduced an ambassador program, in which individuals can apply to receive a budget for promotional activities. The company hopes to build on its growing community by harnessing the power of its celebrity and influencer investors to maximum effect. The future? TC Mediacoin has taken a different approach to build a crypto economy which seems to be gaining a lot of traction. As long as humans are on this planet there will always be demand for content, thus, the company has a firm foundation to build on, unlike many other crypto projects.  

New Proposal by Do Kwon

https://agora.terra.money/t/terra-ecosystem-revival-plan/8701 So finally he broke the silence and he proposed in a forum discussion about his “recovery plan”. I am already highly skeptical with the blockchain being salvageable, but looking at this proposal it is very underwhelming. My opinions on this : The proposal assumes that luna and UST still has value. There doesn’t seem…
Read more

Crypto Stories: YouTuber CryptoWendyO shares how her healthcare skills helped with crypto trading

Crypto-friendly content creator CryptoWendyO talks about how Bitcoin changed her life for the better, making her a successful influencer.

How Poor User Experiences Lower the Market Cap for NFTs

Interest in the revolutionary technology “NFTs” has been growing over the last few years; in many countries, it peaked last year, in others, such as Singapore and the United Arab Emirates, the NFT boom is now.  as interest grows, so does the number of people hearing about and buying NFTs reaching well beyond the world of crypto enthusiasts. Since the real hurdle to expanding a market is turning curious people into investors in order to raise the market cap of NFTs, it’s the new investors that need to be supported. The problem is that the current poor user experiences in the NFT space are pushing away new investors and lowering the market cap. Research shows that the barriers to NFT adoption are reliability, education and necessity. These barriers have severely limited the adoption of NFTs. One columnist for The Daily Eastern News claims that NFTs are “really confusing”, while other writers criticize NFT marketplaces for being too technical, confusing and fragmented across Web 3.0. Among the different marketplaces, many have attempted to remove barriers to entry for new NFT investors. One such example is Opensea which added MoonPay as an option to purchase cryptocurrencies. By using MoonPay, an investor can directly add funds and purchase NFTs through their app. However, MoonPay is banned in numerous countries and states. Other issues include lack of education, reliability and support. Currently, no marketplace offers a solution to any barrier, let alone all of them. The real challenge for users is that NFTs marketplaces are all on separate blockchains, which creates a huge fragmentation of communities, fanbases, art and assets. Therefore, what is urgently needed to raise the market capitulation of the NFT space is an all-in-one platform that removes barriers and then educates and supports new users. Enter Ludo, a revolutionary all-in-one Web 3.0 app for play-to-earn projects and NFTs. Ludo aims to be the gateway to the metaverse and all things NFT. Using the platform users can discover, collect, showcase, promote and earn. Ludo is aware there are barriers to NFT adoption and aims to remove them all, as shown in their Manifesto, which states: “At Ludo, we don’t simply want to be part of this New Renaissance. We want to shape it.”. The question is, how is Ludo tackling the barrier to NFT adoption and thus raising the NFT market capitulation? Reliability Ludo removes the inaccessible nature of other marketplaces by creating a hub of all things NFT. Instead of a user being separate from other marketplaces, creators and buyers, Ludo offers a platform that displays information from every marketplace. With Ludo, a user’s first NFT experience is simplified to accessing their app and finding the NFT they want. There’s no need to search across blockchains to search for a marketplace. Education Ludo provides a clean and sleek interface that is clearly labeled and newcomer-friendly. The app avoids technical jargon and explains terms in simplified ways, such as concert ticket NFTs and gaming NFTs labeled as ‘experiences. Further, the search tools are simplified with filters such as blockchain, cost and type. The NFTs have clear icons dictating NFT price, blockchain and other important information. Information on NFTs is compiled, allowing users to educate themselves and learn more. Necessity NFT-based content is rapidly growing as music, gaming, metaverses and physical assets join the market. The necessity comes from the growing fragmentation of the NFT space. As iterated previously, Ludo provides an an-all-in-one hub of information, creation, advertisement, community and content. As the NFT market grows, so does the need for Ludo. Thus, Ludo removes every barrier by offering a seamless and necessary platform that is reliable, educational and supportive. By providing a high-quality, accessible and supportive platform, Ludo provides greatly enhanced user experiences. Resulting in new investors who are more likely to stay, purchase and grow the NFT market. The poor user experiences of newcomers are a thing of the past as Ludo supports the growing NFT market capitulation. Find out more about Ludo and apply to be an alpha tester on their website here.   Image: Pixabay

Following French Montana, Vietnam’s Number 1 Celebrity Singer Son Tung M-TP Joins RACA’s USM Metaverse

PRESS RELEASE. The Vietnamese music celebrity’s videos have garnered close to 2.5 billion lifetime views on Youtube. RACA Hits a High Note Radio Caca (RACA), one of the world’s leading Web 3.0 companies, today announced the collaboration between Radio Caca and Vietnamese celebrity singer Son Tung M-TP, who will join its United States of Mars […]

Bitcoin Recovers Above $30,000, Has The Bottom Been Marked?

Bitcoin has now started another recovery trend that has seen it mark its position above $30,000 once more. This is a welcome development after the market had seen various crashes that have sent investors into a panic. However, while investors heave a sigh of relief as the digital asset has begun to recover, other concerns have arisen in the market, including if the uptrend will continue and if bitcoin has already seen the bottom of this crash. Did It Mark The Bottom? The recent comeback has indicated that bitcoin has either marked the bottom of the dip or may be well on its way to posting further losses. But there remain some indicators that show that maybe indeed, the bottom has been reached. One of these has been that the Bitcoin RSI remains in the firmly oversold territory. Now, with this indicator in this region, there is not much that sellers can do to bring the price of the digital asset further down, especially with the powerful recovery that was just recorded.  Related Reading | Bitcoin Funding Rates Remain Unmoved Despite Plunge To $30,000 Even after falling below $25,000 for the first time in more than a year, bulls had not completely relinquished control of the market to their bearish counterparts. What this shows is that bitcoin had likely reached its bottom when it touched the $24,000 and the strength displayed to bounce off from this point suggests that there is a bit of momentum left to carry it further. BTC price recovers above $30,000 | Source: BTCUSD on TradingView.com Coincidentally, the digital asset has now turned green on the 5-day moving average. This indicator may not pack as much of a punch as its 50-day counterpart but still indicates returning bullish sentiment among investors. If this continues, and the bottom has in fact been marked at $24,000, then recovery towards the $35,000 may be imminent. Bitcoin Outflows Grow Outflows from centralized exchanges for bitcoin had been on the rise when the price of the digital asset had been falling. This would prove to only be a temporary problem though as the outflows had begun to take over inflows once more. For the past 24 hours, the outflows from centralized exchanges had reached as high as $3.5 billion. This surpassed inflow volume by at least $190 million for the same time period. Related Reading | How Long Will The CryptoWinter Last? Cardano Founder Provides Answers What this indicates is that investors are once again beginning to take advantage of the low prices that presented themselves during the crash. Accumulation trends like these are usually expected when the value of an asset is slashed in such a short amount of time.  Outflows from centralized exchanges recorded for the period of May 11th and 12th came out to about 168,000 BTC, a significant amount given the current bear trend. Although BTC continues to flow into exchanges, long-term investors seem to be taking advantage of these cheaper prices. Featured image from BBC, chart from TradingView.com

Saw two posts today that said we are “comfortably” above $30K for the King of Coins

We weren’t even above $30K for over an hour and some people started posting that the bull run is back Have you pumped a tank of gas the last 2 months? Have you done a full grocery store run in the past 2-4 months? Have you looked at ANYTHING other than crypto prices? Nothing out…
Read more

Which exchange do you trust most at times like these?

As we all know, things have been pretty hairy in crypto this past week! But with prices dropping, I feel this is a good time to accumulate. I’m planning to DCA gradually over the coming year to take advantage of lower prices but also account for volatility, which is high and likely to remain high…
Read more

Bitcoin macro bottom 'not in yet' warns analyst as BTC price holds $30K

The worst is yet to come for Bitcoin price performance, multiple sources warn, despite the turmoil at Terra slowly passing.