Category: Cryptocurrency News

Cryptocurrency News and Public Mining Pools

As an XRP investor, I am still appalled by Ripple’s selling off, giving grants and donations and kinda understand SEC position

Serious post. I hope Ripple wins, but as a years long investoir I know that selling off, giving grants that yield to nothing (for all those years of giving them, what projects except xumm paid off? They gave hundreds of millions pf XRP so far), they will keep donating to get brownie points etc, all…
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Survey: Cryptocurrency Adoption to Grow Significantly This Year in Latam

A new cryptocurrency-related survey presented by Sherlock Communications highlights the growth that Latam countries are expected to experience this year, due to the particular traits the region has compared to other areas of the world. The results of the survey make projections that see crypto adoption growing by triple digits in some countries like Argentina […]

The Mosque NFTs to mint 12,000 Shariah Compliant Digital Mosques on Ethereum

In 2021, over $40 billion of NFTs changed hands, marking a 20X increase from 2022, thrusting NFTs into the limelight, demonstrating the use cases of yet another blockchain innovation. NFTs bear similarities with cryptocurrencies in that both deploys from a public chain and their transactions are open and, thus, can be traced. However, beyond transparency and launching from public chains, NFTs are unique, limited in supply, and in recent times being used as a store-of-value in stormy crypto market conditions. Because they are unique and valuable, projects can use NFTs to raise funds for charities and advance other causes people hold close to their hearts. The Mosque NFTs on Ethereum The Mosque NFTs project is a special charity project on the Ethereum blockchain planning to mint 12,000 unique hand-drawn NFTs on some of the world’s most famous mosques. The launching on Ethereum is tactical considering the network’s popularity and compatibility with MetaMask, a free non-custodial wallet for users to store their prized acquisitions. The creators of the NFT projects are tapping on the increasing interest in NFTs and the advantages offered by the underlying technologies. Like cryptocurrencies which cut out intermediaries allowing for the free flow of value, helping promote financial inclusion, and improving people’s living standards, NFTs have broad applications. They have emerged as effective media for raising awareness and spreading messages about topics for users globally. By simply supporting a charity project using NFTs as a vehicle to raise funds while also receiving rare and valuable digital assets, it becomes incredibly easy for people to support causes they hold close to their hearts. NFT and Blockchain Technologies are Shariah Compliant The Mosque NFTs project plans to distribute 12,000 unique NFTs of the world’s famous mosques to interested users on Ethereum. Proceeds will be used for charity and building a mosque. Meanwhile, the project creators will use the opportunity to highlight the various injustices people face because of their religion. This way, they would destroy divisive stereotypes and relieve victims’ suffering. Crucially, the project demonstrates that emerging technologies like NFTs and cryptocurrencies can be leveraged to support people in need. Already, blockchain, cryptocurrencies, and NFTs are mostly accepted as Shariah-compliant, mainly if they are applied to directly improve lives and alleviate pain or suffering, like when used in charities. Over 1.8 billion Islamic followers are free to participate in the mint, owning any of the 12,000 unique NFTs, supporting a worthy cause in the process. Supporting Worthy Causes Users who want to advance The Mosque NFTs objectives can participate in the upcoming auction on March 29, 2022. The project will mint the first unique and special NFTs, availing them for auction from a floor price of 1 ETH. Pricing was based on the community’s feedback and considers what lies ahead—helping people and building mosques. Fifty percent of NFT sales will be funneled to more than ten charity funds, including Helping the Burmese Delta, the Mohammed bin Rashid Al Maktoum Knowledge Foundation, the One Ummah, and Mila 4 Africa. At the same time, users would be free to choose a foundation or charity that they want to make donations to, perfectly aligning with the overarching objective of The Mosque NFTs creators. Rewarding The Mosque NFTs Community NFTs will be minted in six phases. At each stage, a user—or participants—who mint the most NFTs stands to win a branded watch from the project’s partner, “Jacob & Co”– a jewelry and watch brand founded in 1986 by Jacob Arabo–a diamond designer. At the same time, a user who mints the Kaaba Mosque—the main sanctuary of Islam—will receive a $500k offer from the team after the NFT auction concludes.  

ETH Scalability: L2s explained

Seeing that there's some confusion about L1 and L2, I thought to make a post explaining this once for all. As the number of people using Ethereum has grown, the blockchain has reached certain capacity limitations. This has driven up the cost of using the network, creating the need for "scaling solutions" The main goal…
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Which Women in Crypto should a beginner into the investing soace follow?

submitted by /u/grandiose_ [link] [comments]

The Top 5 Metaverses to Look Out for in 2022

Last year, Facebook rebranded to Meta and announced that they are ‘developing exciting new technologies to help people connect and explore in the metaverse.’ Ever since metaverses have been making mainstream headlines. If you’ve been watching from the sidelines, you’d be forgiven for thinking that you’re late to the party, but that couldn’t be further from the truth. It’s still very early days for this groundbreaking reimagining of our digital lives. If you’re looking for an easily-digestible introduction to 2022’s top metaverses, we’ve got you covered. In no particular order, here are our top 5. Ertha – Explore & Expand Whilst Decentraland currently reigns supreme as the industry’s biggest metaverse, Ertha could be next in line to the throne. After generating a lot of buzz with its token release earlier this year it has quickly gained traction to become one of the most-anticipated metaverse games. Ertha is a play-to-earn game in which mankind finds itself on the brink of extinction. Players must right the wrongs of the past by building a new world, from the ground up. Traverse the globe, develop revenue-generating land plots, and rebuild entire continents from the comfort of your home. The game delivers a unique experience in which players can turn their in-game earnings into real-world income. Taking inspiration from classic MMO and strategy games, Ertha offers players a complex and intricately designed playspace perfect for the creation of governments, economies, and shaky alliances between its playerbase. Every player has the opportunity to leave a lasting impression within this ever-evolving metaverse. You will need to act quickly if you want to own your own piece of Ertha. Land is being snapped up quickly, so head over to their globe to avoid missing out! Wizardia – Turn-Based Battler In Wizardia players collect NFTs in a truly magical play-to-earn role-playing game. Level up your character and upgrade your gear on your quest to become the ultimate Wizard. The game’s gorgeous visual style ensures that it stands out from the other projects on this list, but don’t let that deceive you! Wizardia tasks players with competing in intense PvP and PvE turn-based battles. You’ll need to think strategically as you fight for survival and uncover the magic behind this brand-new metaverse. Players who wish to invest in Wizardia can do so through its dual-NFT ecosystem which ensures there are plenty of ways to engage with the play-to-earn mechanics. Earn rewards and tokens for winning battles, renting out Wizard NFTs, and selling NFTs. Passive income can be generated through holding ‘Genesis’ NFTs. Wizardia is expected to launch in Q4 2022. Illuvium – Open-World Adventure Illuvium has already generated a lot of hype. This highly-anticipated RPG has been billed as the first triple-A Blockchain game and its mix of open-world gameplay and Pokemon-style capture mechanics give it huge mainstream appeal. Players journey through an alien landscape on the hunt for creatures known as Illuvials. There are over 100 unique creatures to capture, each with unique classes and abilities. Build your dream team and think strategically to outsmart and outmaneuver your opponents in intense auto-battles. Star Atlas – Sci-Fi Epic Set in the distant future, Star Atlas is a massive multiplayer metaverse where players must side with one of three unique factions and compete for control of resources and territory. In this vast sci-fi world, players embark on an epic journey where they will have the opportunity to influence the outcome of battles and earn real-life rewards for their contributions. It aims to achieve this by combining the blockchain with traditional game mechanics like combat, crafting, and guild wars. Players are given further incentive to explore the world through the prospect of valuable in-game resources which can be converted into real-world value. Moon Metaverse – Space-Age Simulation Moon is an extremely exciting proposition, and you can be one of the first to get involved. Inspired by traditional strategy games like Civilization and Age of Empires, this space-age play-to-earn metaverse promises in-depth economic, political, and social gameplay. Players are tasked with building the first lunar colony by taking control of revenue-generating NFT land plots. Available from Moon’s brand new marketplace, each plot of lunar land grants access to a unique in-game economy in which players can start businesses, develop real estate, and create thriving communities. If developed and managed efficiently, lunar land has the potential to generate significant real-world income in the form of the game’s token. However, such significant achievements in mankind’s history bring periods of extreme volatility. Don’t expect everyone to be on your side. There will be plenty of power-hungry players to contend with and conflict is never far away! Moon Metaverse’s lunar land already looks like a fantastic investment for those looking to profit from the rise of play-to-earn gaming. Start your adventure among the stars by buying your own piece of the Moon today! Final Thoughts At this point, the rise of the metaverse is inevitable and the games pioneering this groundbreaking technology are set to become some of the most valuable entertainment properties in the world. Whilst this is far from an exhaustive list of metaverse games, these are the five that we’ll be keeping an eye on, and we suggest you do too!

Yes I am in it for the money and I don’t care what people think. Cryptocurrency from the perspective of a male in his 30s.

I've seen some discussion on this sub recently blaming some people that they are here only to make profit. To make quick money. "Why do you care about price going up or down if you are never selling?" and other silly arguments. And let me tell you. Yes the majority here, is in it for…
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CoinEx Charity|Engaging in Charity & Advocating for Equitable Education

Although education should be the right of every child, it is a reality that many children have not received the appropriate level of education that they rightfully deserve. Despite significant growth in enrollment over the past 20 years, 126 million children worldwide are still dropping out of school. When trying to bring truly equitable and quality education to children, we still face a great many challenges. CoinEx Charity plans to raise public awareness of equity in education through a series of donation programs, covering books, educational materials, and tuition fees, as well as influential, strategic charitable events. In many poor areas, a lot of children do not have access to education. Some of them do not own books or school uniforms. Without help, they lag behind or even drop out of school. Moreover, some schools are not sufficiently staffed to provide proper education for local children. Aiming to evolve into a player in education charities with global influence, CoinEx Charity provides educational support for children living in impoverished regions. It strives to grant each child access to quality, equitable education, breaking the cycle of poverty and creating opportunities for local children. In terms of charitable education, CoinEx Charity focuses on three goals: Focus on disadvantaged children & Host influential charitable events In regions threatened by war, diseases, and poverty, millions of children face threats to their lives and education. CoinEx Charity will focus on disadvantaged children around the world and provide them with education, daily supplies, and cash support by hosting charitable events while raising public awareness of disadvantaged children. Create a network of charity collaboration & Build sustainable charity partnerships To expand children’s access to education worldwide, CoinEx Charity will build and maintain global partnerships with influential charitable organizations that share its vision, making joint efforts to facilitate charitable education. CoinEx Charity will work with other charitable organizations in different ways, including funding and the organization & promotion of charitable programs. As it pursues long-term win-win cooperation, CoinEx Charity will build innovative, meaningful partnerships to carry out charitable events on a global scale. CoinEx Charity believes that sincere partnerships can have a lasting impact. Through such collaborations, we have a shot at building an equal learning environment for kids around the world and giving them the opportunity to live a better life. Raise the public awareness of charitable education Aiming to raise the public awareness of charitable education, CoinEx Charity will expand the children’s access to quality education by diverting more educational resources to poor populations and promote the global reform of education, eventually achieving universal access to quality education among children and helping them live better lives. Make joint efforts for equitable education Educational equity is a long-term goal that must be achieved from a social perspective. CoinEx Charity and charitable organizations around the world will remain dedicated to the cause, building an enabling environment where children and teenagers have access to improved living and education conditions. Education knows no borders or classes. CoinEx Charity hopes to create a world unburdened with “educational poverty” through the power of charity, a world where kids could unleash their fullest potential in an equal, enabling educational environment and contribute to our shared prosperity.

PUBG Developer Krafton Partners With Solana Labs to Build Blockchain Games and Services

Krafton, the company behind the development of the blockbuster videogame PUBG, has announced a partnership with Solana Labs with the objective of building its blockchain game offering. The new business plan of the company includes the creation of token economies to power play-to-earn (P2E) experiences to build its own Web3 offerings. Krafton Chooses Solana to […]