Category: Cryptocurrency News

Cryptocurrency News and Public Mining Pools

You can now mint on Polygon and sell on the Ethereum mainnet

Very bullish stuff, the Shoyu project is letting artists mint on Polygon and sell on the Ethereum mainnet. I think this is going to go a long way in supporting small artists who might not be able to mint on Ethereum directly while still helping Ethereum grow. Maybe this will put Polygon haters to rest,…
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A Deep Dive into The KokoSwap NFT Platform

The last two years have been a plus for the cryptocurrency community as more individuals have become aware of its reliability and sustenance. However, since the turn of the year, some relatively new concepts within the crypto space seem to have emerged and dominated the scene with their lucrative features. The NFT Explosion Non-fungible tokens (NFTs) and decentralized finance (DeFi) are two of the hottest topics in the crypto world right now. These concepts have already gotten a lot of attention, and a lot of projects have started to link their names to them. For instance, DeFi’s total value has more than doubled since the year began. From $15 billion in January, it grew over five times, and as of May 2021, it was valued at $77 billion. On the other hand, the NFT space has experienced mind-blowing growth, speculating around 25x in trading volume. NFTs’ explosive increase can be primarily traced to their ability to combine real-world assets into blockchain in addition to their creative and innovative approach. The more people find NFT familiar and relatable –the more crypto becomes widely accepted. KokoSwap has been one of the pioneers of the NFT space and is creating a name for itself with its multiple projects that bring users closer to understanding and enjoying NFTs. Kokoswap, an automated market maker, combines the magic of decentralized finance with the fun and excitement of NFT gaming. The Kokoswap trading and gaming platform has the potential to change the way people trade and play NFT games. Check this out to understand the Kokoswap features better. KokoAvatar, the prominent NFT Feature The platform gives users a system where they can trade, earn, invest and play. This article focuses on the NFT feature of Kokoswap, KokoAvatar. KokoAvatar is the NFT platform of KokoSwap where users can both sell and mint their NFTs. The platform is an invite-only celebrity NFT platform that houses Rashed Belhasa’s exclusive NFT. To make the market more exciting and exclusive, only people with invitations can go in to trade NFTs, making it a more pleasurable experience. In addition, the platform uses a one-of-a-kind identification system and features an open wallet where users can display their digital assets and NFT accomplishments. The game is gratifying for players as they can control what they craft warm or buy since there are NFTs for in-game assets. The KokoSwap NFT platform reflects their desire to capitalize on the attention DeFi and NFTs have received this year. In the future, projects that do not include these features in their ecosystem will be left in the dust by those who offer their users both financial and recreational benefits. KokoSwap continues to provide its community members with ownership privileges and robust and transparent governance making accountability a big part of their game. With the steady rise of NFTs, it is only safe to envisage groundbreaking growth for the KokoSwap community.  Click here to understand more about the platform. About KokoSwap KokoSwap is a unique decentralized platform that combines NFT trades with blockchain gaming to offer a seamless and fun experience to the users. KokoSwap is powered by the $KOKO token that further empowers the ecosystem of products such as KokoAvatar (an invite-only NFT platform), KokoStake (a staking platform)  and NFT Gaming.   To learn more about KokoSwap, visit https://kokoswap.org/

XRP is for payments, Bitcoin for ‘speculation,’ says former US Treasurer

After joining Ripple’s board of directors in May, Rosa Rios is bashing Bitcoin for being a supposed speculative tool.

Three fake pancakeswap apps exist on android play store

My dear crypto friends, pay attention (expecially for New user). If you have Heard of pancakeswap service, be aware that it does exist in web version only. NO APP VERSION. Today i opened Google play store to check some updates, instead i encountered a pancakeswap app. HOLY F*CK i said, how was It possible that…
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Algorand 3.0 will be released to MainNet on Sep 29th!

Highlights This release features the 1.0 version of AVM, extending Algorand's smart contract capabilities for even greater composability. Highlights in this release include: Application transactions: the ability for smart contracts to execute transactions on directly on chain. App cost pooling: larger contract size, by combining the budgets across an application group. Increased account smart contract…
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What do you think on moons today?

Hey! A few months ago reddit had caught my attention by introducing community points. Looks like it works way better than steemit or hive social media. Focus on an internal economy designing and restricting from a convenient external usage actually does its job. But I'm wondering what redditors think about it after more than a…
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International ‘Virtual Microgrid’ Project IOEN Successfully Closes $2.8M Fundraise

IOEN, an energy-focused project by a group of people passionate about saving the environment, has announced its successful funding. According to the official statement, the project has closed at a $2.8M investment by notable investors and blockchain leaders. They have chosen to use a combination of Holochain and efficient energy use to significantly cut back on total energy requirements and help the integration of renewable energy in communities worldwide. Cryptocurrency despite its many benefits is detrimental to the environment on a scale that many people choose to ignore. Ethereum and Bitcoin mining alone use up more electricity than entire countries in some cases. Crypto mining is an integral part of the blockchain which involves using computers to solve complex problems. This computational power is used as a verification process for transactions to keep intermediaries out and maintain the integrity of the chain. Although necessary, it is a problem that many have pointed out and hope to solve. Chains such as Ethereum have chosen to improve on this by changing their mining process from a proof-of-work to a proof-of-stake. This will reduce operational costs by an amazing 99.95% and further make transactions on the chain cheaper and faster. With Ethereum 2.0 already underway we could see a huge downturn in crypto’s environmental effects soon. Regardless, it highlights a problem that seems integrated into cryptocurrency by default and must be addressed should mass adoption ever be realized. Cutting energy costs has been a constant topic over the past decade in many industries. The effects of climate change are constantly being felt and despite all claims to the contrary, continuation down this path will surely destroy the planet. IOEN’s Virtual Microgrid Solution While searching for a way to solve the energy crisis, IOEN has set its sights on developing a greener, scalable, and long-lasting answer. IOEN is a non-profit initiative that seeks to use efficient distribution and management of energy to bring a greener energy alternative to the market. With open-source protocols and cryptocurrency, the project will empower communities worldwide to develop mini- and microgrids of connected devices to promote efficient energy distribution and gradually reduce overall energy requirements worldwide. As a result, energy needs will be fulfilled via local device consensus. Devices will work to inform one another about the grid’s energy needs and distribute the electricity where it is required. By integrating these grids into society and interconnecting them worldwide, the creation of a global virtual energy grid would give birth to a highly effective energy management system. IOEN Attracts Huge Investor Support To further their goals, IOEN has struck decisive relationships with a few names in the crypto space. It announced a $2.8M raise in its private funding rounds amassing various industry tycoons and popular venture funds. SL2 Capital led the round, building on their thesis to back mission-driven founders and support technologies creating new industries. SL2’s approach to incubate and use their extensive capital networks has brought significant investors who share the IOEN vision. Throwing their cap in the ring is Skyman Ventures. Focused on DeFi, gamefi and NFT technologies, Skyman Ventures is dedicated to helping crypto companies grow with capital, media and marketing. Similarly Maven Capital is supporting the project with capital and extensive networks of new crypto protocols. Holo, AU21 Capital, and Insignius Capital, among others, are also on the list of supporters of IOEN’s journey to a greener earth. With such heavyweight funding and marketing behind them, IOEN’s goal could become a matter of when rather than if. Why Holochain? Holochain leapfrogs the traditional consensus required on conventional blockchains which in turn massively reduces the gargantuan energy consumption required for proof-of-work mining. It also eliminates the requirements of holding tokens to influence the network required by proof of stake while still providing users with essentially the same features. In essence, it becomes a blockchain without the environmental effects. This also reduces the amount of storage required by users on the chain. It is also worth noting that the Holochain approach to data integrity makes it possible for end-users to both utilize and verify the distributed network’s data. This directly contrasts traditional blockchains, which usually need a considerable amount of hardware expenditure to get participation. This makes it a very rational option as a choice for any company looking to gain blockchain features without harming the environment.  

How to monitor a tokens richlist on testnet?

Good day to all readers, On the Ropsten test network there is a token from which I would like to monitor its 'richlist'. I would like to receive a notification/mail/popup or anything when one of these accounts would receive an inbound or make an outbound transaction. Remind you, this is on the testnetwork, I'm not…
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