Are you allowed to create NFTs of brands/celebrities faces?
As title says^ Or would this result in a lawsuit because of infringement? submitted by /u/Longjumping-Ice-4513 [link] [comments]
As title says^ Or would this result in a lawsuit because of infringement? submitted by /u/Longjumping-Ice-4513 [link] [comments]
Registration for the BUMP Public Token Sale opened on December 2nd Although Wall St has long been invested in the cryptocurrency markets, the two are still very different when it comes to market volatility; the wild price swings of crypto assets are enough to chill even the most successful Forex trading professionals to the bone. As the blockchain and crypto industries continue to balloon in both innovation and valuation, protection from untamed price action is still largely unavailable for most, and has no doubt impacted the world’s view on the market as a whole. In recent years, various advances have been made in the areas of cryptocurrency options and automated trading, but these products are often complex and expensive meaning they are out of reach for most “everyday” traders and investors. Bumper Finance looks to fill a gap in the market with the introduction of a price protection protocol, one that benefits both the user purchasing price protection at a premium and those providing stablecoins into the protocol’s liquidity reserve. The BUMP Public Token Sale With over $17.5 million already invested in Bumper Finance’s mission, the BUMP Pre-Sale was heavily subscribed and the Bumper team also declined over $32 million in institutional investment in order to give more investment opportunities to their community. The Bumper team opened registrations to the public on December 2nd and encourages them to become a central part of the Bumper ecosystem, which will in the future adopt a DAO structure, and enable the BUMP token holders to vote for changes to the protocol, utilize its core protection function and act as a critical element to the balancing mechanisms. Token holders will also be able to stake their tokens in the protocol as a core module and in return for generous rewards. The Bumper Finance Public Token Sale begins on December 9th, 2021, with the price for BUMP tokens set at $1.50 but is reduced to $1.25 for buyers willing to stake their tokens for 3 months; with the popularity of previous BUMP token sales, the team is expecting high levels of involvement and direct would-be buyers to discover more information on the project website to ensure they get a spot in the sale. Turning On Crypto “God Mode” Bumper Finance introduces “God Mode” into the crypto and DeFi markets, giving users the opportunity to minimize losses on downwards price action, and also enabling them to ride the wave back up should their assets recover after a drop in price. This type of functionality is yet to be seen within a protocol and presents significant upside potential for participants holding BUMP tokens, which must be held by the user as an access token that is bonded to the protocol in order to take out a position. Holding BUMP tokens allows users to lock in a price floor for their assets, hedging against volatility for a small premium and giving them peace of mind that they will receive a particular stablecoin amount for their assets should the price decrease, without them being forced to leave their assets on a centralized exchange in the hopes they will find an exit to minimize their loss. The user can also then freely utilize those assets to take out a DeFi loan or to farm with. The crypto ‘Power-Up’ functionality within Bumper also exposes token holders to rewards from fees earned by Liquidity Providers providing stablecoin liquidity to the protocol. The Bumper Public Sale starts on December 9th. Follow the Bumper Twitter for updates and visit the project’s Medium page for detailed sale information.
Bought eth and some btc in my freshman or sophomore year of high school. I started with a 500$ gift from my glorious mother then sold today for 4500$. I don’t have a lot of money as I’m 18 years old and this money will help me pay for my new investment, college. Love crypto…
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The U.S. Treasury Secretary Janet Yellen says that she has not made up her mind about whether the Fed should issue a central bank digital currency (CBDC). “There are some benefits” to a digital dollar, Yellen said, but noted that “there are also meaningful costs.” Janet Yellen Has Not Decided Whether the Fed Should Develop […]
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Bitcoin has proven to be a long-term play which means nations can no longer ignore the impact of the cryptocurrency on the economy. One way that nations have responded to this has been through regulations. While some countries have implemented favorable laws for bitcoin, others have gone the route of trying to stop the digital asset. The United States skews towards the latter. The SEC has made several attempts to try to regulate the crypto industry, with SEC boss Gary Gensler commenting on what the regulatory body is doing to regulate the asset on several occasions. A growing concern now is the role BTC plays in the economy. Bitcoin And The Economy SEC chairman Gary Gensler has raised some concerns regarding bitcoin and the U.S. economy. According to the SEC boss, BTC is now a competitor to the U.S. banking system. Gensler said this on Wednesday when speaking to former SEC chairman Jay Clayton at the DACOM Summit 2021 about the role of cryptocurrencies, Bitcoin, and ETFs in the economy. Related Reading | Canada Marks Launch Of First Bitcoin, Ethereum ETFs With Monthly Payouts Gensler, during this summit, said that Bitcoin had been created as a reaction to sanctions and regimes that went into place across the globe. He referred to BTC as “an off-the-grid type of approach”. “In 2008, Satoshi Nakamoto wrote this paper in part as a reaction, an off-the-grid type of approach. It’s not surprising that there’s some competition that you and I don’t support but that’s trying to undermine that worldwide consensus.” This refers to the completely decentralized nature of BTC. Satoshi Nakamoto, the creator of Bitcoin, had structured the asset in a way that it couldn’t be replicated or controlled by a single entity. BTC price trading at $57K | Source: BTCUSD on TradingView.com Why BTC Is Becoming Mainstream The deflationary nature of Bitcoin has been one of the most important things for investors who bought the asset. Coupled with its impressive returns on investment, the asset had made for a perfect hedge against inflation. Thus becoming a more popular investment avenue in the financial world. Related Reading | Croatia’s Largest Supermarket Chain Rolls Out Bitcoin Payments Another has to do with the decentralization of the cryptocurrency. It puts the holder of the coins in complete control of their assets, free from interference from any entity or governmental body. Basically helping people become their own banks. However, the same reasons that make Bitcoin such an attractive investment for investors are the same ones that make governments see the digital asset as a threat. Although not all governments see the crypto as a threat. One such example is El Salvador which has adopted Bitcoin as a legal tender in the country. Featured image from CNBC, chart from TradingView.com
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Assuming a fix for its troublesome language, the bill might eventually prove a boon — another sign “digital assets are here to stay.”