Category: Cryptocurrency News

Cryptocurrency News and Public Mining Pools

Ertha Metaverse Raises $5.4M

Ertha Metaverse, currently the most notable Metaverse and Play-to-Earn projects in BSC blockchain gaming, announced its list of key investors. They include the world-renowned: LD Capital Polygon Syndicate OKEx Blockdream Ventures Shima Capital GD10 Genblock Capital Dialectic Momentum 6 X21 Terranova AU21 Zen Capital & Many others. All have been instrumental to the continued success of the project. Xi – Partner of LD Capital, the leading investor of Ertha provided insights about the project: “We have no hesitation to invest in Ertha after the first call with Ertha team. They have a proven track record in both the gaming and crypto industries. Coronavirus pandemic has forced governments to take various lockdown measures which placed huge pressure on economies and businesses. At this challenging time, we believe Ertha is going to gain more adoption from traditional game players and start a new era of Play to Earn.” To date Ertha raised $5.4 million and recently launched IDO’s on three of blockchain gaming’s most respected launchpads, Seedify, GameFi, and RedKite – the community pools sold out in less than one minute each. Ertha is going strength-to-strength with its NFT land sales and already sold over 7,500 revenue-generating land plots. Social media channels are exploding in popularity – the Twitter community recently surpassed 70,000 followers, Discord is boasting at 50,000. Ertha is part of the Solar Multiverse Ecosystem – Ertha, Moon, Venus & other planets. Introduction to Ertha In Ertha, mankind finds itself on the brink of extinction. World leaders failed with their last-ditch attempts at saving Earth, and in the years that followed untold natural disasters devastated the planet. Players are given the opportunity to right the wrongs of our past by building a new world, from the ground up. Extract resources, develop land, re-build economies, and re-form countries and their governments in the way they see fit. Each player’s actions can have lasting impacts within an ever-evolving metaverse. Ertha’s Gameplay Ertha’s world is a complex and intricately designed playspace ripe for the creation of new governments, economies, and shaky alliances between its playerbase. The Metaverse is divided into 350,000 land plots, each of which collects taxes, fees, and other forms of revenue from the transactions taking place on them. Players must balance production, trade, and financial budgets, in order to stay one step ahead of the competition. For those looking for an introduction to Metaverses and Play-to-Earn gaming, Ertha represents an opportunity like no other. How does Play-to-Earn Work Player ownership is connected to unique NFTs called HEXs. Each HEX grants its owner complete control over their land within the Metaverse. Ertha has been designed to replicate a real-life environment with a player-driven economy. A Player’s actions, whether political or environmental, in times of conflict or peace, can create real change and have far-reaching consequences. Owners have a say in everything from international trade laws to taxes on the transactions being conducted in their territory. Just like in the real world, each HEX owner will profit from their real estate investment.

Blockchain has the potential of making public spending totally transparent.

Blockchain technology is superb and should be applied everywhere we can. A good centralized blockchain would be a state based blockchain tracking every penny of public money. Public spending recently has been very fishy when people see 100 Billions being stolen from Covid Relief they wonder if it is a bug or a feature. ​…
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Is there any talk about client-side validation / single-use seals in ethereum?

Other projects are working on single-use seals where only commitments to transactions are added to the blockchain while all the data is kept off chain. As far as I know Ethereum, the plan is to have everything 100% on chain. Is that still the case? The reason why I'm asking is because with all the…
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Iran halts authorized crypto mining to save energy for winter

Iran previously put a temporary blanket ban on crypto mining amid historically peak periods for power demand in summer.

What was the thing that got you into crypto?

Cryptocurrencies have been here for many years but only about 5% of the people on this planet own crypto. Before 2020 it was much less. I'm sure many of us heard about crypto in some way or another, but a lot of people only knew about Bitcoin and it's usage on the darknet to buy…
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How to NOT get scammed out of you hard-earned investment in 2022

There's been a lot of reported scamming/hacking this year.~~ I refuse to use the term hacking here, since I feel like it is being used wrongly a lot in this sub and in the crypto scene in general. It's giving a bad rep for actual hackers. This year billions if not millions worth of crypto…
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I would have no problem with paying taxes on my crypto assets only if it means paying in crypto, because it would add transparency and therefore reduce the incetives to cheat with public money.

Hi everybody I wanted to discuss with the crypto community about taxes. My take on the subject being that I would prefer paying my taxes in to crypto (except monero or privacy oriented coins) because I feel that the tracability would reduce the possibility of fraud, on account of having a public ledger à la…
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Metaswap Gas incommunicado as experts link MGAS price drop to rug pull

Following the unexpected MGAS price drop, Metaswap Gas’ social media accounts were deleted, supporting PeckShield’s claim of a rug pull.

Decentralisation is the ONLY point of crypto

There has been a bit of a debate on this subreddit about the role of decentralisation in crypto. I believe that decentralisation is the ONLY point of crypto. Crypto has so many comparable non-crypto centralised alternatives, which can provide the same features. Here is a small list of features that crypto can offer, and a…
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Mexican billionaire says ‘buy Bitcoin’ in new year message

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