Category: Cryptocurrency News

Correction to USD 757.000 submitted by /u/Standard-Year-1178 [link] [comments]

submitted by /u/International-Lie302 [link] [comments]

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

How can NFT's evolve to prevent theft via screenshots? For starters I think OpenSea should remove the ability to right click save image. Perhaps watermarking the NFT for everyone but its owner? submitted by /u/amac109 [link] [comments]

submitted by /u/yoshisucks1 [link] [comments]

Ethereum is forming a base near the $3,660 zone against the US Dollar. ETH price is correcting higher, but a move above $3,920 is needed for upside continuation. Ethereum is forming a base near the $3,660 and $3,700 support levels. The price is still trading below $4,000 and the 100 hourly simple moving average. There was a break above a connecting bearish trend line with resistance near $3,800 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if it clears the $3,920 resistance zone and the 100 hourly SMA. Ethereum Price Forms Base Ethereum extended decline below the $3,800 level. ETH formed a base near the $3,660 and $3,700 levels, and recently started an upside correction. There was a move above the $3,800 level. The price cleared the 23.6% Fib retracement level of the recent drop from the $4,175 swing high to $3,665 low. Besides, there was a break above a connecting bearish trend line with resistance near $3,800 on the hourly chart of ETH/USD. Ether price is now facing resistance near the $3,880 zone. The next major resistance is near the $3,920 level. It is close to the 50% Fib retracement level of the recent drop from the $4,175 swing high to $3,665 low. A clear move above the $3,920 level could stage a steady upward move. Source: ETHUSD on TradingView.com The next stop for the bulls could be $4,000. A close above the $4,000 level may possibly spark a strong rally in the coming sessions. In the stated case, it could even rise towards the $4,250 level. Fresh Decline in ETH? If ethereum fails to start a fresh increase above the $3,920 level, it could start a fresh decline. An initial support on the downside is near the $3,820 level. The key support is now forming near the $3,720 level. If there is a clear break below the $3,720 support, the price could extend losses. The next major support is $3,660, below which the bears are likely to aim a test of $3,500. Any more losses might lead the price towards the $3,320 level. Technical Indicators Hourly MACD – The MACD for ETH/USD is slowly gaining pace in the bullish zone. Hourly RSI – The RSI for ETH/USD is above the 50 level. Major Support Level – $3,720 Major Resistance Level – $3,920

In order to diversify their portfolios, crypto traders turn to fixed-income instruments like bonds and stocks. A substantial economic force to be reckoned with, the cryptocurrency market is a legitimate source of debt securities that are no less reputable than their equivalents. With interest rate derivative products, the creditors in the cryptocurrency market, mostly comprised of lenders and borrowers, hope to stabilize their revenue and reduce their risk. There are two types of interest rate derivatives in the crypto market: one that lets you extend the length of your loan and one that enables you to raise the interest rate. In the traditional financial markets, there is a big difference between the interest rates offered to borrowers, and the interest rates offered to lenders. The same is true in the crypto-financial market. ADALend’s Utilization Ratio The interest rates for both borrowers and lenders will fluctuate with the changes in the utilization ratio of the loans in the specific pool. The interest rate is dependent on the total amount of money available in the liquidity pool, which is denominated in the platform’s LP token. If more people are looking to borrow than funds in the liquidity pool, the interest rate increases; if more people are trying to lend than borrowers, the interest rate decreases. The utilization ratio is a ratio between the total amount of tokens in circulation and the amount of tokens actually used by the platform. The ADALend platform is designed to maintain the utilization ratio at a low level for non-stable coins. In doing so, the platform will maintain a higher amount of tokens in circulation at the same time. The higher amount of token in circulation will allow for the platform to support liquidity mining, in which the token holder is rewarded for holding the token. The token holder will be rewarded for holding the token by receiving loan interest from the borrower. When the borrower pays off the loan, the lender will pay back the interest to the token holder who has been holding the token. This is what makes the token a valued asset. ADALend Protocol for Efficient Idle Asset Management The protocol will reduce idle assets on the platform by shifting a portion of them to stable swap platforms with no temporary loss within the acceptable range. The core program architecture of the ADALend project includes making use of idle assets. Rather than storing your assets in cold storage, they can be leased out or borrowed to support the ADALend Lending protocol. This will not only aid in the recovery of the asset’s idleness, but it will also result in a profit for the asset’s owner as a result of its sale. It will, in turn, be beneficial to everyone in the blockchain market sector, which makes use of the Cardano ecosystem as a result of this, which assures an equitable asset allocation based on the terms of the loan arrangement between the borrower and lender.  

The gaming industry is going through a dramatic evolution. The rise of NFT gaming has led to an explosion in play-to-earn games whereby players can earn and own digital in-game assets to sell at their discretion. Despite this rapid growth, players typically face high entrance fees, poorly designed gameplay, imbalanced tokenomic models, and high gas fees, creating barriers to entry that can harm further adoption in the niche. Monsterra seeks to change all that with a free-to-play-to-earn model that lets gamers play and earn for free without imposing any upfront cost. While earning is a central part of the game to incentivize player loyalty, the focus is on building an exciting and inspiring gameplay experience to keep it fun. It is also designed with an innovative dual token model to slow down inflation and sustain a balanced in-game economy. Also, users pay no gas fees to get started with Monsterra, instead only paying a transaction fee when converting their assets into NFT items. Monsterra Ecosystem Monsterra is a dual chain-based game on the Binance Smart Chain & Terra networks, inspired by the gameplay of Axie Infinity, Clash of Clans, and Boom Beach. Set in a fictional world, Monsterra revolves around farming, property building, and battling other lands and players using magical creatures known as Mongens, guardians of Monster Terra. Mongens The main Mongen characters divide into five races known as Beast, Tectos, Mystic, Celest, and Chaos. The creatures are used for production, defending lands, and launching attacks. Each character’s stats are calculated via unique DNA codes based upon race, traits, and rarity figures. Rarity is further classified into common, uncommon, rare, epic, and legendary, with Mongens leveling up to improve their skills over time and an unprecedented breeding mechanism to create hybrid characters. Plots Plots are the building blocks of the Monsterra world, with eight plot types serving different purposes, namely core, pasture, breeding, hatching, food production, food storage, barracks, defense, and decor plots to craft the ideal environment. Land To connect plots, users need to use a land framework defined by several rarities and diverse themes with different limitations on development. There are various methods for users to acquire land, which can be individually customized and farmed to produce an in-game currency used to feed and nurture the Mongens and train their troops. In-Game Currency Monsterra applies an innovative dual token model, utilizing MSTR and MAG to ensure the sustainability and scalability of the in-game ecosystem. MSTR MSTR is the primary Monsterra token, used for transactions like purchasing land, marketplace items, or other in-game activities, with a limited supply of 100 million. Users can stake MSTR, as well as NFTs, in innovative staking pools and yield farms to receive rewards from the game as a shared revenue stream while still being able to use the assets for game activities. Players also need MSTR to participate in the governance of the Monsterra DAO. MAG MAG is a secondary token used across Monsterra. It has an uncapped supply regulated via a burning mechanism. The MAG token can be minted via quest completion, battle victories, and DAO voting. It is then burned via gaming activities including breeding, evolving, fusion, skill learning, and plot upgrades. Gameplay To get started in Monsterra, players can claim free in-game items including one default land and two Soulcores to incubate for new Mongens. They can then engage in a series of game activities across four different battle modes, nurturing their Mongen squads to expand territory and earn rewards from battle victories. Adventure Mode In Adventure Mode, players send Mongen squads to explore and attack new lands for hidden reward tokens. Players land in NPC territories and use tactical strategies to overcome obstacles and extract maximum resources from the soil. Boss Challenge Mode Boss Challenge Mode players lead Mongen armies to conquer surrounding lands inhabited by dreadful beasts. If victorious, the land will belong to them, and their territory further expands. Battlefront Mode In this mode, players take on other players, raiding their lands to obtain the resources of opponents as rewards for winning Mongen battles. If attacking players fail, they will have to pay rewards to the successful defensive landowners. Arena Mode Arena Mode allows players to enter arena battles, fighting it out against other Mongen squads to win betting rewards. Players participate by betting a fixed amount of MAG tokens. The winner receives the full amount, and the loser is deducted a 5% fee for the game. Roadmap Ahead Monsterra’s INO and IDO are anticipated by the end of the year. Q1 2022 should deliver an NFT marketplace, staking and yield farming services, and the DAO, alongside the launch of Adventure Mode. The remaining battle modes are expected to be delivered between Q2 and Q3 2022 before Monsterra scales up to become multi-chain and multi-platform.      

I’ve asked this twice before if you want to see how this changes over time… https://www.reddit.com/r/ethtrader/comments/qbl978/whats_the_next_mania_that_will_take_most_people/?utm_source=share&utm_medium=ios_app&utm_name=iossmf View Poll submitted by /u/El-Coco-No [link] [comments]

Hi! Looking to hire someone to help our team create our generative NFT collection. We already have the art made, just need someone to help create the smart contract, create a mint button on our website, and have the NFTs connect to Opensea. We are looking to pay $2500 for this job but are down…
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