Hey all, I've been trying to put together a little spreadsheet of all of the mining deposits I had during last year but I need to be able to find out what the US dollar value of RVN was on the specific date and time for tax purposes. Does anyone know a good way to…
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Harmony COO Li Jiang is convinced that a bridge connecting all major blockchains is key to building a decentralized internet.
The platform has grown significantly over the past few months, launching its own token, the $WWY, on major exchanges and expanding its value proposition with metaverse solutions. That has allowed WeWay to attract financing quickly: both from investors ($3M) and through its IDO ($800k). Among the strategic advisors to WeWay, are Yoola and Velas. Yoola is an international media network that helps bloggers grow online and offline. The US-based company is part of the top 5 largest international networks in the world and a leader in the Russian-language video blogging market. As a distribution platform, Yoola focuses on the globalization of content. It partners with creators to extend their global reach and penetrate emerging markets. Velas on the other hand is a Swiss-based tech firm. It is led by a diverse team of engineers, cryptographers, researchers, mathematicians and results-driven business leaders. Velas is the fastest EVM/eBPF Hybrid Chain mechanism blockchain. It allows building decentralized applications and smart contracts on its main net, which enables the scalability of the transactions, being able to validate up to 50 000+ transactions per second. Fundraising for WeWay was achieved at breakneck speeds with investors rushing forward in order to take part in the project. WeWay managed to gain $3 Million of investment funding. Furthermore, through the Initial Dex Offering (IDO) managed to achieve $800,000 in a very short time. The intense interest in WeWay makes sense considering the global forecast for the global blockchain market worth is set to be nearly $40 Billion by 2025. WeWay’s expansion is in full swing after it successfully attracted financing from private investors and through its own tokenomics efforts with the launch of its $WWY token. From a private standpoint, WeWay brought the attention of powerhouse tech incubator BlueZilla, which previously endorsed record-breaking projects such as BSCPad, Tronpad, ETHPad, KCCPad, NFTLaunch, ADAPad, VelasPad, and GameZone. BlueZilla specializes in helping projects through their entire journey; idea incubation, marketing preparation, and launching. They don’t simply work with everyone, however. Most likely, what attracted the incubator in the first place, was WeWay’s innovative nature and its clear value proposition. On the other hand, WeWay’s recent success has also enabled it to launch its token, $WWY, on the most popular DEX exchanges: PancakeSwap, WagyuSwap, UniSwap, and more. It went public on January 11th, with an initial circulating supply of 16,000,000 $WWY. So far, the token has raised $800k from more than 6,7k users that believed in the project. Talking about this success, CEO and co-founder of WeWay, Fuad Fatullaev, noted: “The content creator economy is growing and, more importantly, evolving. What worked two years ago isn’t what creators and fans look for in this new ecosystem. Social interactivity, engagement, and tech solutions are hot trends that need to be listened to and acted upon. And our recent financing rounds have proven that our proposition is solid. We are building WeWay as an all-inclusive platform where all creators and fans’ are the priority.” The platform’s value proposition is simple. In an increasingly digitized world, all experiences are moving online; they’re bound to. The interactions that fans have with their idols are no exception. To date, over 150 of the top influencers from across the world have joined the project. One can call WeWay a leading destination for influencers. This is not all, however. The platform is creating a Metaverse space – the WeWay City, which is meant to be filled with “content and experiences” created by its users, both individuals and organizations. The WeWay City will be like a digital twin of our already social media usage-heavy lives. As the company envisages, in WeWay City: “…creators will promote their ideas to critics, investors and producers anywhere: at an event, in a gallery, during a stream. The Metaverse will open up new networking opportunities for all parties. Young talent will know where to look for support, and experienced agents will know where to look for young talents.” They’re right. At the moment, especially in the age of COVID-19, networking opportunities are limited. Young artists being able to showcase their skills in the Metaverse is the right step forward. Through NFTs, artists will also be able to monetize their content in ways that were unavailable to them before. “NFTs, or non-fungible tokens, can be used as a democratic way to monetize content. Thanks to the security and transparency of NFT and blockchain technology, it has become incredibly popular with collectors and investors alike over the past year. Many celebrities have already created their own NFTs, selling them for millions of dollars and we want to provide that kind of ownership and potentiality to WeWay”, says Bohdan Prylepa, СТО, and co-founder of WeWay. WeWay’s success can be a lesson in persistence and innovative approach to crypto companies out there. Find a solution to an existing problem and sell it well. WeWay is leading the way in Metaverse-based solutions for fan experiences worldwide. It is only the beginning – the concept of the Metaverse was only brought to the fore by Mark Zuckerberg only recently, after all!
submitted by /u/getblockio [link] [comments]
Bitcoin had a pretty big pump today and the chart looks pretty good lately. Maybe I have PTSD from all the failed rallies lately, but it's giving me a weird feeling. Getting back above 40K, with an RSI above 50 is a good sign, whales have been buying according to Will Clemente's on chain analysis.…
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Ethereum has been hitting some minor milestones since the market crash. Obviously following behind market leader bitcoin, it has posted small recoveries that brought it out from its last month low. But while this has been encouraging for investors, there is still a long way to go, meaning that the digital asset could go either way at this point. Bears are trying hard to drag it down to a new low and crypto analyst Justin Bennett maps out what could give the bears exactly what they want. Ethereum To $2,000? Currently, the price of Ethereum is trading close to $3,000. This does not mean that the digital asset has been able to test this coveted level. Rather, it is showing a bit of support around the $2,800 price point. Nevertheless, this remains a volatile market and the asset could easily fluctuate down as it would upwards. Only a strong resistance point stands between ETH and touching $2,000. Related Reading | Double Threat: Bitcoin And Ethereum, Start Of Bear Market Or Bullish Consolidation? Crypto analyst Justin Bennett explains in his latest newsletter what is an important support for the digital asset. He acknowledges the pullback that the asset has experienced following alongside bitcoin, expressing that it sees some key support below its present price. However, without being able to defend the $2,500 level going forward, it would be hard to carve out a higher low. ETH begins recovery trend | Source: ETHUSD on TradingView.com A close below $2,500 would see ethereum moving towards its next major support level, which is $2,200. If this support does not hold, bears would successfully take control of the digital asset, dragging it down to $2,000. However, it is not all bad news. Bulls still exert major control over ETH’s price and if they can hold it above $2,500, “then the next big test is $2,800-$2,900, followed by $3,100,” Bennett says. Good News For Bitcoin? The crypto analyst also touched on bitcoin, an asset whose movements ethereum closely follows most times. It’s no secret that the success of bitcoin translates into the success of other cryptocurrencies in the market and that is no different with ethereum. Related Reading | What A Decline Under $35,511 Would Mean For The Price Of bitcoin As for bitcoin, given the current momentum in the market, it can be hard to tell what is coming next. But Bennett does not expect the digital asset to be seeing the $30,000 level at any time soon. Given that the cryptocurrency is still trading above the $35,000 point, “I think it makes little sense to assume $30,000,” Bennett says. This does not mean that a breakout is coming soon as the analyst explains that bitcoin would have to close above the $42,000 area for a confirmation of a bullish breakout, which would, in turn, expose it to the $45,000-$46,000 level. Bitcoin is trading below $38,000 at the time of this writing. Featured image from Crypto Hustle, chart from TradingView.com
It’s sudden death for those who were shorting Bitcoin or altcoins on Feb. 4, as major upside levels reappear after a two-week absence.
submitted by /u/Jimbley_Neutralon [link] [comments]
While I'm not the biggest fan of centralized exchanges, I think it's still the best way for noobs to learn about crypto. In this sense, the trust relationship between holders and CEXs is crucial: when you buy BTC or ETH, you want the exchange to actually own these tokens. That's why I was very pleased…
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