Category: Cryptocurrency News

Cryptocurrency News and Public Mining Pools

Don’t trust Facebook’s Metaverse with your data. They’re known for selling that data to companies for ad targeting.

People don’t seem to realize the true value of data. It’s literally the main thing powering all media platforms. Companies like Google and Facebook use personal data to tune their ad display algorithms to try target the largest audience they can. What’s stopping us from taking full control over that data? This is exactly why…
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Dogecoin gains 25% after Elon Musk confirms Tesla will accept DOGE for merchandise

DOGE will be the only cryptocurrency that Tesla currently supports once payments begin.

how does Ethereum 2.0 reduce gas fees

been doing some research and can't find out why I just see people say it will submitted by /u/lalbain22 [link] [comments]

Satvika’s easy Guides: Installing an Ethereum wallet

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

How to Become a Whale

Sorry for the semi-clickbait, as becoming a whale is not really an option for everyone, but I do believe it was an option for many. Part 1 I tracked this whale historically back to the beginning starting 2012 with a named bitcoin wallet Bitcoin Wallet 1099663 ​ https://bitinfocharts.com/bitcoin/wallet/1099663 As you can see, he started accumulating…
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Elon Musk: Tesla will start selling merchandise for Dogecoin

submitted by /u/akrishna1 [link] [comments]

German savings banks want to enable Bitcoin for 50M clients: Report

According to the plan, 50 million savings bank customers would be able to buy Bitcoin directly from checking accounts.

The Sandbox co-founder wants to defend metaverses against Big Tech

Big Tech has a monopoly in Web 2.0, something Web 3.0 technologies, such as the metaverse and crypto, are trying to break.

How can Launchpads help Metaverses and Blockchain Gaming?

The shift to Web 3.0 is unavoidable because this digital revolution is keen on putting power back in the hands of the people, who are the producers of everything. EnjinStarter is here to light the fire that will last a long time in the Enjin and blockchain gaming ecosystems. EnjinStarter comprises a globally dispersed workforce spanning five continents and 20 nations, united by a purpose to create cutting-edge, world-class goods. The team is developing a product ecosystem that will use blockchain technology to enable humans to establish powerful virtual economies. Prakash Somosundram and Alvin Tang are the pioneers that launched ENJINSTARTER in early October 2021- it is a blockchain gaming launchpad that is leading the charge to make the world a better place by responsibly leveraging the disruptive potential of blockchain technology to develop the Enjin ecosystem and Metaverse. It is built on the backbone of Enjin’s JumpNet, with a roadmap leading to Efinity, a polka-para chain. The firm had a successful EJS Coin Initial Dex Offering reaching an All-Time High of 0.249 days after the IDO. Enjinstarter is a Blockchain Gaming and Metaverses-focused Launchpad. The team finished their Token Fundraise via the Initial DEX Offering (IDO) in early October, as mentioned, by raising a total of $5.5 million from both private and public fundraising. So far, they’ve completed 9 IDOs since their founding, with a pipeline of 23 more IDOs to be completed by the end of 2021. Thus, making ENJINSTARTER one of the most successful Blockchain Gaming Launchpad launches. Within three months of the IDO, the company has amassed over 12,000 whitelisted wallets who’ve actively participated in the IDOs on the platform with ROIs of up to 49x. Non-fungible Tokens (NFTs) are at the heart of the platform, and it’ll show you how they’ll help usher in a new era of digital ownership. They started with Ethereum and have expanded to incorporate Binance Smart Chain features and Polygon and Solana as part of the future. The EnjinStarter LaunchPad A specialized blockchain gaming launchpad aimed at assisting creators and game development studios in adopting the ENJIN Ecosystem as part of their Blockchain and Digital Asset strategy. We identify and promote reliable initiatives for capital raising and community management. ENJINSTARTER will allow game creators to experiment with new and inventive ways to fund their projects. Our platform will make it possible for initiatives to raise funds equitably and transparently. Non-fungible Tokens (NFTs) are at the heart of our platform, and it’ll be shown how they’ll help usher in a new era of digital ownership. Beyond which their incubation program will give companies end-to-end support to establish sustainable plans and implement effective campaigns with the help of an approved partner network. This brings EnjinStarter’s entire team to strive to provide developers a means to explore viable alternative ways of earning funds to jumpstart their creative projects by selling digital assets as non-fungible tokens, in addition to merely issuing tokens.

Safe Cryptos To Invest in During a Crypto Winter

Crypto winters are one of the greatest fears of crypto investors and are predicted to occur in four-year cycles, with the previous cycle occurring in 2018. Moving forth to the year 2021, this phenomenon is believed to have commenced in early November 2021, where massive selloffs of Bitcoin and Ethereum took place as a result of a collective of negative catalysts such as the US Infrastructure Bill, China’s clampdown on Bitcoin mining and the emergence of the Omicron Covid variant, just to name a few. As popular as Bitcoin and Ethereum are, they are still considered as speculative assets by many experts since they are heavily exposed to high-volume trading and market manipulations on major exchanges. Unfortunately, the performance of many crypto sectors and projects closely follows the market patterns of Bitcoin and Ethereum, and thus are not performing well in this crypto winter. Surprisingly, in the midst of this winter, a rising crypto asset class, GameFi, particularly a token such as Jedstar, has been less affected by the effects of crypto winters. In this article, we will reveal how Jedstar intends to shield itself against the negative effects of crypto winters, as opposed to crypto behemoths, namely Bitcoin, Ethereum and Binance Coin, and other GameFi tokens, such as Axie Infinity and Decentraland. Briefly, GameFi is a booming crypto sector that is projected to reach $180 Billion in 2021, with an additional 10% increase in 2022. As a whole, the GameFi sector is the key to crypto mass adoption as gamers are usually not concerned about market corrections or crypto winters, and will continue to acquire gaming tokens to play the games they love or purchase gaming or virtual assets. Short term: Market Performance Following the market trends of Bitcoin and Ethereum last month, many crypto projects, including GameFi projects like Axie Infinity (AXS) and Decentraland (MANA), experienced a similar decline in market caps and prices, except for Jedstar. This is partially attributed to the low market cap of Jedstar. At the time of writing, Jedstar ($JED) holds a small market cap of only $22 Million USD, whereas AXS and MANA share the same market cap of $6.1 Billion USD. Additionally, JED, AXS and MANA have achieved their estimated market cap peaks at $44 Million, $9.2 Billion and $10.6 Billion respectively. In the previous month, $JED has gained a sharp increase in market cap from $8.4 Million USD ($0.19 USD) to $22 Million USD ($0.5 USD). On the other hand, the market cap of AXS has decreased from $9.2 Billion ($150 USD) to $6.5 Billion USD ($106 USD), while MANA saw an increase from $5.3 Billion ($2.9 USD) to $6.4 Billion USD ($3.5). Overall, in terms of market cap for this crypto winter, JED achieved a marked increase of 161%, while AXS and MANA have gained -29.3% and 20.8% respectively. Based on short-termed market cap analysis, Jedstar has performed exceptionally well for the start of this crypto winter, regardless of the fact that volatility has a greater impact on lower market cap tokens. Long Term: Diversification and Utility Jedstar consists of a 3-token DECOsystem, where $JED has been launched 3 months ago, while its second token $KRED is awaiting its presale event on 17 Dec 2021. Acknowledging the devastating effects of crypto winters on cryptocurrencies, Jedstar sets itself up for success by adopting sector- and genre-related diversification strategies, as well as embarking on a utility-focused mission in the long term. Firstly, as a crypto-sector diversification strategy, Jedstar differentiates itself from its GameFi counterparts, such as AXS and MANA, by tapping into the booming crypto sectors of DeFi with $JED and GameFi with $KRED. $JED is the flagship token of Jedstar and will be developed into a full-fledged DeFi token, where investors stand to earn KRED, JED-only perks as well as other additional crypto rewards which are currently not yet revealed. On the other hand, $KRED is primarily developed as a GameFi token to be used on Jedstar’s NFT marketplace, AGORA, and its games platform, STARDOME. Additionally, moving into the GameFi sector Secondly, adopting game-genre diversification, Jedstar is currently working on multiple Play-to-earn and blockchain game genres. For comparison, P2E giants like AXS and MANA are primarily a single game and virtualand respectively that revolves within their own metaverses, whereas Jedstar is involved in the development of CCGs, MetaMMORPGs and hundreds of hypercasual games as a full-fledged multimedia and gaming studio. Jedstar has also revealed that it has plans for film development and a Metaverse within its MMORPGs with intricately woven fantasy lores. For the long term, not known to many, Jedstar strives to further expand its utility through $KRED. $KRED positions itself as a universal currency across multiple gaming platforms and blockchain standards. Conventionally, in terms of utility, GameFi tokens such as Axie Infinity and Decentraland are generally market-monopolistic, wherein their tokens intend to only serve and be used within their very own games, NFT marketplaces and metaverses. As a solution to bring about mass adoption through gaming, KRED deviates from the intended use of these ecosystems through its unique utility where it is specially designed to be blockchain agnostic and will be used as the world’s first CAAS (Currency-as-a-service) across multiple games and platforms, which are not required to be Jedstar-related. What this means is that the use case of KRED is future-proofed and further magnified as it can now be used by any entities involved in blockchain gaming, while not being technologically limited by any new blockchain standards in the foreseeable future. In essence, diversification into the DeFi and GameFi crypto space, coupled with the development of multiple game genres and unique utility of $KRED, Jedstar is well equipped to protect its investors from the negative influence of future crypto winters.   Disclaimer: This is a sponsored post. The content for this article is provided by Jedstar. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of NewsBTC. NewsBTC does not guarantee the accuracy or timeliness of information available in sponsored content like the one above. Image: Pixabay