Collections of South Africa’s fine wines were recently sold as non-fungible tokens (NFTs) with one lot being sold for $79,000. Immediately following the auction, two lots were reportedly paid for using bitcoin. Lots Exceed Estimates Collections of fine wines made by some of South Africa’s leading producers have been sold as non-fungible tokens (NFTs) in […]
OneSwap, a decentralized trading platform, will launch a new feature called Prediction on April 29, 2022, and BTC/USDT will be the first prediction market where users can win prizes by betting on the price trend of BTC/USDT. Prediction comes with an initial prize pool of as much as 1 million CET. Meanwhile, OneSwap will also launch the “Win Rate Ranking Reward Game” that will allow users to receive double rewards. Predict to Earn: How Prediction Works Log in to OneSwap (https://www.oneswap.net/cet/prediction), and select CSC; Connect to MetaMask, OneSwap Wallet, or a wallet that supports WalletConnect; Go to Prediction, pick an available module, and click on “Going Up” or “Going Down” to place a bet; Enter the CET amount of the bet (range: 10 CET – 10,000 CET per round per address), and click on Submit. After a bet is submitted, it could no longer be modified or canceled. Once a bet has been submitted, the user needs to wait for the current round to end. If a user bet on the right price trend, he will get back his bet and earn prizes (note: users may withdraw their prizes for multiple rounds cumulatively, and prizes will remain valid indefinitely); if he bet on the wrong price trend (i.e. he bet on the opposite direction or the Locked Price equals the Settlement Price), then the bet will be transferred to the prize pool. Here, we will illustrate how prizes are distributed via two examples: Let us suppose the transaction fee stands at 5%, and the initial prize pool contains 1,000,000 CET. The first round: Of the two participants, one bet 10,000 CET and won; the other bet 5,000 CET and lost. Winner: Initial Bet + Prize (with the transaction fee subtracted) =10,000+10,000×0.95 = 19,500 (CET); Loser: 0; After the first round, the prize pool now contains 1,000,000-9,500+5,000 = 995,500 (CET). Suppose the transaction fee remains at 5%, and the initial prize pool now contains 995,500 CET. The second round: Among the 201 participants, 200 bet 10,000 CET each and all won, and one participant bet 5,000 CET and lost. In this case, since there is not enough CET in the prize pool for all the 200 winners (9,500 CET per winner), the winning users will share all CET in the prize pool, with the transaction fee subtracted, according to the betting ratio. Winners: Initial Bet + Prize (the prize pool shared by the betting ratio, with the transaction fee subtracted) = 10,000+995,500*0.95/200=14,728.625 (CET)； Loser: 0; After the second round, the prize pool now contains 995,500*0.05+5,000=54,775 (CET) Exceptions: If all CET prizes in the prize pool are won, the game will be suspended, and the administrator will start the game after replenishing CET. When the price feeding mechanism of Prediction is suspended (crypto prices are unavailable at the end of a round), the prediction contracts would not be able to run any operations, and the game will be suspended. In such cases, the bet of participants in the current round will be returned at the end of the round. Specific Guides: https://support.oneswap.net/hc/en-us Become Top Winners & Win Incredible Rewards In addition to Prediction, OneSwap will introduce the Win Rate Ranking Reward Game at the same time. Users can sign up for the event before 9:00 AM, May 6 (UTC), and the top 3 winners who have placed no less than 50 bets will receive 1,000 CET, 600 CET, and 400 CET, respectively. The winning records of all users who have made a bet via Prediction will be covered by the Win Rate Ranking. Meanwhile, users may keep track of their Winning Rate by checking their bets and winning records through “Analysis” in “History”. Breaking the High DEX Threshold: OneSwap Launches “Predict to Earn” Over the recent years, CEXes and DEXes have always remained rivals. Though DEXes have made exchanges more secure, they come with more complicated operations and are less user-friendly compared with CEXes, which has scared away many potential users. In terms of product design, Prediction reflects the idea of “simplicity”. By gamifying this new feature, OneSwap allows most users to participate in Prediction with ease, which lowers the bar of the DEX and makes it more user-friendly. Moreover, relying on their market insights, users will be able to profit from market swings via Prediction ahead of others. Right now, DEXes are no longer confined to trading. Instead, they are shifting towards greater efficiency and established ecosystems. As a DEX, OneSwap strives to become more innovative, optimized, efficient, and secure. The launch of Prediction will create a new earning model: Predict to Earn, bring more diversity to the DEX ecosystem, and provide more satisfying DeFi experiences for users. Through innovation, OneSwap has pointed out a new direction for the development of DEX ecosystems, and Predict to Earn is likely to start another crypto boom.
A failure to hold $40,000 comes as the U.S. dollar currency index finally weakens.
Hey, A little question. Since anyone can make custom tokens/nfts on Ethereum what mechanism ensures that the state won't grow to an unmaintainable size. It is just high fees that help with this? Or is there something else? submitted by /u/ethmaniac [link] [comments]
In December 2020, CoinEx adopted the brand slogan of “Where Innovative Digital Assets Gather”, which indicates that the platform’s growth strategy was to bring innovative, quality projects to users and help them capture the latest trends and seize new opportunities. Guided by such principles, the CoinEx token-listing team always prioritizes the listing of quality cryptos and is never blindly after quantity. Such a rigorous funnel-shaped screening process not only allows users to identify first-rate assets and stay ahead of peers but also earns CoinEx a great reputation, which has brought win-win results for both the platform and users. Throughout 2021, CoinEx listed 300+ premium cryptos. Meanwhile, helping users select innovative digital assets was no longer a growth target. Instead, it had become the norm of listing all the superior cryptos on the exchange. As the crypto market continues to evolve, a growing number of users flock to the blockchain industry. However, these beginners are often confused and daunted by the lack of blockchain know-how, the high threshold of trading platforms, as well as the complex operations of crypto trading. As such, CoinEx should not simply strive for the provision of innovative digital assets — moreover, it needs to help beginners complete their first crypto transaction with ease, allow them to benefit from the more convenient circulation of crypto assets, and make the world a better place via blockchain together with users. To that end, CoinEx has decided to adopt an all-new brand slogan: Making Crypto Trading Easier. In the future, CoinEx will function as the bridge between users and the crypto world. As the gateway to the crypto space, the exchange will help more users complete each crypto transaction with ease and shatter the long-standing stereotype that the blockchain industry is inaccessible. On CoinEx (both on Web and Mobile APP), users can trade cryptos easily and conveniently anywhere they are and whenever they want to. CoinEx strives for simple product designs and easy operations, allowing users to get started with CoinEx products and trade cryptos right away. Meanwhile, the exchange provides an all-encompassing, professional Help Center to guide users from basic operations to advanced trading tactics. On CoinEx, all users can have access to detailed blockchain know-how and all-inclusive guides to trading operations. With the Help Center, even crypto newbies can effortlessly orient themselves in the crypto world. During the past decade, the blockchain industry saw great changes, and the intensive competition between crypto trading platforms has also ended. In a world where the total market cap of cryptocurrency continues to rise, the crypto market plays a vital role in the financial sector. Meanwhile, a growing number of new users will rush to the blockchain space. CoinEx is keenly aware that the blockchain world requires the contribution of more individuals, and we can only gather more efforts to improve the blockchain sector by making the industry accessible to more users, changing how assets are traded, and breaking the restraints of conventional finance. “Making Crypto Trading Easier” is not just a slogan — It is a major goal and growth strategy that CoinEx is striving for. The exchange plans to become the bridge connecting users and the crypto world. As the gateway to the crypto space, CoinEx aims to make crypto trading easier.
The publicly listed bitcoin miner Riot Blockchain has announced the company has started development on a 1 gigawatt (GW) bitcoin mining facility in Navarro County, Texas. The development of 400 megawatts (MW) of capacity has been initiated on the 265-acre site and the team hopes to have bitcoin mining and hosting capabilities online by next […]
submitted by /u/pwnti [link] [comments]
Can Ethereum’s rebrand from Eth2 help manage the high expectations, and what can be expected from the Migration? TechynoWorld Research unveils its report. Ethereum 2.0 has been a highly anticipated development in the crypto industry. A recent TechynoWorld research report asks if Ethereum is still on track to defend its crown as the prime network…
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“Bitcoin Jesus” Roger Ver has made a comeback to Twitter and says Dogecoin is a top contender for the world’s dominant cryptocurrency.
