Category: Cryptocurrency News

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Customers can currently generate yields on Polkadot, Tezos and Cardano, but the bank said it planned to add more proof-of-stake protocols in the coming months.

For the purpose of staying decentralized, Colors On Chain was built without specifying any specific rarity or characteristics. It is a collection of 8,888 distinct yield-revealing NFT colors produced and kept on-chain in perpetuity (art included). With the tokenId and position in a hex code string (length 6), a random number was chosen from a base 16 number basket to produce a Color hex code for each of the 8,888 colors. It was featured in CoinMarketCap, Yahoo Finance and Times Square. It is one of a kind project and is considered quite unique bringing a colorful approach to NFT’s. Colors On Chain was developed without specifying any defined rarity or characteristics to maintain its decentralized nature. One cannot determine what is and is not, valuable. Each of the 8,888 colors was created randomly on-chain by hashing the token Id and the location in a hex code string(length 6) to choose a random number from a base 16 number basket, resulting in the full-Color hex code. For many reasons, Colors On Chain has been dubbed “unique” and “the first project of its kind.” Colors On Chain lacks a business, art, or staff, it is challenging to oversee creative choices. It is an unedited, uncensored building block for tales, experiences, games, and practically anything else, with the only restriction being bound by your creativity It is entirely decentralized and has pledged to seek complete decentralization from the start. It has announced a great reward game for minting the games most difficult and unique color. The objective of the game is to MINT the game’s most difficult color. The reward awarded will be 88.88 ETH. The main sale mint will include 8,888 randomly created Genesis Colors written on-chain in perpetuity, with no IPFS or BS. It is sure that collections, including art, should be entirely on-chain, which is why all will be altogether on-chain. After Genesis concludes, the “Painters” will airdrop one Perfect Red(#FF0000), One Perfect Green(#00FF00), or one Perfect Blue(#0000FF) to the top three Colors holders at the time of the snapshot. These will be necessary to collect the reward. Color Theory’s additive color mixing is used in breeding to produce new “Baby Colors.” This will need the usage of 500 RGB tokens. Breeding has a tree-like structure, and some hues will need “proof of labour,” i.e., many additive breeding cycles. Let’s get this started! How to be the first to coin #FFFFFF?& how much will it cost to produce? Each of the 8,888 Genesis Colors has a daily limit of 10 RGB tokens. These RGB tokens may be sold on dex or used to try to mint #FFFFFF first in the breeding game. One should keep in mind that one wins, they will get 88.88 ETH. Only after token #8888 is minted and the Genesis Stage is completed will it go live. Now comes the exciting part which is rewards. The first person to breed #FFFFFF will get 88.88 ETH. The RGB values of each parental color are added and averaged during breeding. As a result, breeding to the most outstanding value (255) in each of the three color channels will be difficult. On top of that, a final boss has been added to the game: a rounding mistake is needed to reach 255. Only the most degen will take the risk. One can become a member of the Colors Community by joining the Discord server. The community determines what kind of journey they should go on next. Integration of Colors DAO will soon take place so that everyone has a voice in what happens with the community vault wallet. Which charity is to be supported, who gets to vote on the price of a name change, and so on.  

Consensys, the Ethereum-based software boutique, is aiming to get a valuation that could reach $3 billion dollars in its upcoming funding round. The company would be taking advantage of the bullish climate the industry is experiencing right now to achieve this important milestone. Also, Consensys is flexing its economic muscle by acquiring Treum, developer of […]

0x41577144808548C9e398f1C30A2B46dE21A5bf75 I figure there's gotta be some devs here who can spare 1-2 rinkeby eth. This is just a test network account so please goodness do not send production eth to this addr. If anyone cares, I'm just experimenting with ERC-721. Running brownie and using chainlink VRF, python is king 😉 Might build an innovative…
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Refer to my post below for more information. https://www.reddit.com/r/CryptoCurrency/comments/q0gjze/im_either_a_complete_fwit_or_ive_been_done_for/ I'm hoping some security/crypto experts will be able to do the above. This is the transaction hash on bscscan. 0xd06111d9778c9d32221dd8e2d64e3405372d8ecfb55d62fc09f01c011379d3d6 this is my wallet address on Binance wallet. 0xD3e6d2A2e1Ea97F0c7c5DB4D95e91b684189a9d4 ​ this is the wallet the cake ends up on. 0xb0265fc1997042ac01ac235278278246e0e8faf1 ​The response from BSCPad, although very…
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A post something around a week ago had a list of easy ways to make a passive income with cryptocurrencies without an initial investment. The list included using brave, presearch, odysee, and blogging sites that payout in crypto. Someone in the comments mentioned flipping nfts on opensea by obtaining them through giveaways on Reddit. I've…
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The fact that they have to put so much effort into stop brigading posts which talk about hex is scam just shows how scammy the project is. I noticed the brigading taking place in the past as well, and when I woke up to the u/Chicky_Nuggy 's post I was in awe that it got…
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Ethereum stayed above the $3,400 support zone against the US Dollar. ETH price must clear $3,540 to start a fresh rally in the near term. Ethereum remained well supported above the $3,400 and $3,380 levels. The price is now trading near $3,520 and the 100 hourly simple moving average. There is a major declining channel forming with resistance near $3,520 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh rally if there is a clear break above $3,540 and $3,550. Ethereum Price Could Turn Green Ethereum started a fresh decline from the $3,600 resistance zone. ETH traded below the $3,500 support and the 100 hourly simple moving average. However, the bulls remained active near the $3,400 level. A low was formed near $3,405 and the price is now rising. Ether price is now trading above the $3,450 level. There was a break above the 23.6% Fib retracement level of the downward move from the $3,620 swing high to $3,405 swing low. It is now trading near $3,520 and the 100 hourly simple moving average. There is also a major declining channel forming with resistance near $3,520 on the hourly chart of ETH/USD. The trend line is close to the 50% Fib retracement level of the downward move from the $3,620 swing high to $3,405 swing low. If there is a clear break above the channel resistance, the price could start a fresh increase above the $3,540 level. Source: ETHUSD on TradingView.com The next major resistance is near the $3,540 level, above which the price might start a fresh surge. In the stated case, the price could climb towards the $3,620 level. Dips Supported in ETH? If ethereum fails to continue higher above the $3,520 and $3,540 resistance levels, it could start a fresh decline. An initial support on the downside is near the $3,450 level. The first key support is now forming near the $3,400 level. If there is a downside break below the $3,400 and $3,380 support levels, the price could decline further. The next key support is near $3,375. Any more losses could push ether price towards the $3,300 support zone. Technical Indicators Hourly MACD – The MACD for ETH/USD is gaining pace in the bullish zone. Hourly RSI – The RSI for ETH/USD is now above the 50 level. Major Support Level – $3,520 Major Resistance Level – $3,450

ShoeFy, a decentralized project that has combined nonfungible tokens (NFTs) and fungible tokens (FTs) on one platform to add new utility layers to NFTs, has announced a $3.65-million round of fundraising. Investors include DuckDao, MoonWhale, ExNetwork, AU21, Basics Capital, Dutch Crypto Investors and more. Despite a heavily oversubscribed private sale, there are still two rounds left with $800k allocated to the community rounds across multiple Launchpads, followed by the last $250k for the public rounds. The allocation will be distributed through a whitelisting of ShoeFy’s website. ShoeFy is doing two things simultaneously. First, it is diving into the art world of NFTs with their debut shoe NFT (sNFT). A collection of 10,000 unique digital shoes are powered by the four elements to build a decentralized platform where users can generate passive income in five distinct ways by utilizing FTs and NFTs in various forms like staking, farming, or adding liquidity. In the development cycle of the sNFT, they wanted to add more value. So they came up with additional utility layers that can be added to NFTs through their DeFi toolset designed for passive income generation. After their launch, the ShoeFy platform will debut a new DeFi product, which finally adds some utility to the nascent NFTs. Unfortunately, NFTs are so nascent that they are missing solid utility layers and can only be bought, sold, or held. ShoeFy aims to solve this by providing NFT farming and introducing the NFT swap or SHOE/sNFT Liquidity Pool (LP),which consists of the pioneering FT/NFT pairs. Users can earn SHOE tokens from transaction fees and LP rewards as passive income by providing liquidity to this pool. The project is led by a team of experienced blockchain venture capitalists, creative NFT developers and top-tier marketing experts spanning Europe to Canada and onto South Korea and Thailand in SE Asia. The team members share common goals and foresee a huge opportunity in the NFT and DeFi market space. In terms of their backgrounds, some are founders of creditable venture capitalist (VC) firms and marketing experts. Other members have experience in reputable crypto projects and exchanges. Also, they have a tech team of superior talent building their platform. Michal Horvath, chief marketing officer at ShoeFy, said: “We are passionate about art and DeFi, and to be able to combine the two mediums and come up with a real value for investors is what innovation is all about. We have forged partnerships with other projects that have come up with different utilities for the NFT to add value further and encourage mass adoption. DeFi is growing at twice the rate of crypto because people want access to better finance options. The legacy system has let a lot of people down, and with DeFi technology fueled by art, we can provide value like never before.” The team plans to use the funds to build the platform, release the sNFT collection and expand their community. The project has five distinct ways to generate passive income through various uses of the SHOE tokens and their sNFTs. ShoeFy products include the sNFT pool where users can stake sNFTs to earn SHOE tokens, or users can do conventional staking and stake their SHOE to earn SHOE. An sNFT farm will allow users to stake SHOE to farm different classes of sNFTs.. Then, there will be two ways for users to provide liquidity, the conventional way through SHOE/Wrapped Ether (WETH) and SHOE/ Tether (USDT) for LP tokens that can be staked on the platform of your choice. Finally, the world premiere of the sLPl, where users can stake SHOE/sNFT pairs to earn SHOE, adding utility to their sNFT so users can generate passive income with their collectibles. ShoeFy IDO Launch Week The ShoeFy Community round kicked off yesterday, Oct. 11, starting with PolkaBridge, where it was sold out in just 3 minutes. In total, the SHOE initial DEX offering (IDO) is being carried out across seven different launchpads. Today, ShoeFy had impressive dual IDOs on Moon Starter and MultiPad. MoonStarter was sold out within the first 55 seconds and MultiPad was sold out in under 5 seconds of its round 2. Tomorrow, the third day of IDO will be on two more launchpads, DuckStarter and KwikStarter. The last day, Oct 14, is Oxbull and TruePNL. Next week turns up the heat even more with SHOE on Gate.io Start-Up on Oct 18. Then on Oct 19 at 12:00 PM UTC, a decentralized exchange (DEX) listing on Uniswap and a centralized exchange (CEX) listing on Gate.io.   Image by sebagee from Pixabay