With #Bitcoin falling below 59K, the market experienced another new shock. In addition to memecoins such as $DOGE , $SHIB , BONK, memecoins such as WUFI and $DOGS were also affected by this decline. So after such sharp declines, are memecoins the address of easy earnings? #Memecoin is cryptocurrencies based on popular jokes or viral topics inspired by internet culture. Often without a specific purpose, these coins are created for entertainment or community building. However, the popularity of Dogecoin and the subsequent Shiba Inu made memecoins globally recognised.
Even now, memecoins, which have a serious marketcap, have become phenomena that can shape the market. In particular, the values of memecoins, whose first listings were Binance, increased significantly. For example: #DOGSONBINANCE currently has a CMC ranking of 88 and a market cap of approximately $648.26M. Memecoins offer both great risks and great opportunities for investors because they have high volatility. My investment strategy prioritises long-term gains. Therefore, my portfolio includes memecoins such as DOGE, SHIB, and BONK. On the other hand, I hold memecoins like MEME, WUFI, and DOGS for short-term opportunities.
WUFI: I bought it as an airdrop because I own the WAXP token. It is traded on Solana, TON, Base and WAX networks. I do not plan to sell it now, especially since I expect the meme coins in the Solana network to move in the bull market. It is not yet listed on Binance. DOGS: The memecoin of the Telegram community and has received serious support from the community. DOGS also costs me zero. Since I am a 5-year Telegram user, I bought it as an airdrop. and of course its first listing was on many major exchanges, including Binance. Considering the purpose of DOGS and its supporters, I think it will definitely become an important part of the #TON ecosystem. Although today's market makes us despair, we have all seen how memecoins can rise rapidly under the influence of social media. However, it is essential to be careful when investing in these coins. Every transaction in the cryptocurrency market involves risk, but especially when trading in memecoins that have no purpose, keep in mind that your investment may never return. With sound analysis and strategy, risks can be minimised and long-term gains can be made. Remember, always DYOR.
I would say that memecoins have had both positive and negative effects on the mass adoption of blockchain technology. The first coins that many new investors, including people in my close circle, bought were memecoins such as DOGE and SHIB. Especially ATH, which came after Elon Musk's first posts about Dogecoin, attracted many people. But there was something to be careful about here. Speculative effect... Especially if a coin reaches its highest level in history with the words of one person, they should also consider that this peak can fall to the bottom with a share. Yes, these declines were not felt excessively in DOGE, but many novice, unconscious investor thought that they could catch the opportunities they missed in memecoins such as DOGE, SHIB, BONK or FLOKI in other unproven memecoins. Without doing any research, they started to trade in memecoins that did not have data that would allow for further analysis, believing in the shares of influencers on social media, and many of them lost their money... These types of negative experiences started to create question marks in people's minds. Based on my experience in @DAO Labs #SocialMining projects, I have seen very clearly that the success of blockchain projects depends on strong and conscious communities. A strong community not only provides liquidity support, but also ensures that the mission and goals of the project are properly understood and conscious steps are taken to achieve these goals. This is what DAOs are for. Community support may be important for the sustainability of projects like Memecoins, but I think it is much more important that this support is conscious and knowledge-based.
Disinformation isn’t just a buzzword—it’s a global issue. Brazil is taking a stand by blocking Elon Musk’s X. When tech clashes with governance, who wins? #ElonMusk #Brazil #TechRegulation
Blockchain-based games are challenging the traditional gaming world. Offering security, transparency and real digital asset ownership to players, GameFi is gaining more and more attention. Web3 games in the $TON ecosystem in particular stand out for their user-friendly experience.
We are all aware of the power of blockchain technology. In recent weeks, #Binance listed $TON and now $DOGS , the memecoin of the Telegram community, will be listed. But don't you think #web3gaming are evolving in a different direction? Is this really “the beginning of a new era in GameFi?” Thanks to the tasks published on TCHub, one of @DAO Labs ' #SocialMining platforms, we've learned a lot about #GameFi and, in particular, we've had the opportunity to look at many of the game projects that are set to shine in 2024. But now it's time to delve deeper into the topic.
GameFi offers a new approach that brings games and finance together using blockchain technology. Traditional games have a serious fan base and the number of players is increasing day by day. However, there is still a rapid transition to blockchain-based games. And why is this? Traditional games have provided years of fun and stress relief, but the long hours spent playing them have limited or eliminated the ability to earn profits and control in-game assets. Blockchain games offer a new experience that allows players to earn while having fun.
Why is the Gaming Industry Turning to Blockchain-Based Games? Security and transparency are among the reasons why the gaming industry is turning to blockchain technology. In traditional online games, users often encounter problems such as hacking, cheating and fraud. Although partial or temporary solutions to such problems have been produced, they are still not fully resolved. This is where blockchain technology comes into play. With its decentralised and unchangeable structure, blockchain offers an effective solution to close the security gap of the gaming industry. In blockchain-based games, every transaction is recorded publicly. This transparency makes it almost impossible to change data without detection, significantly reduces the risk of cheating and provides a fair gaming environment for all players. Other reasons behind the shift towards blockchain-based games include a large user base, high interaction rate, new earning models, financial opportunities, and rapid adaptation to emerging technology. Understanding Industry Growth: Key Statistics In order to better understand the reasons for the transition to blockchain-based games, it is useful to take a look at some important statistics showing the growth in the sector. The charts below clearly show how large the market share in the sector is.
The Latest State of Blockchain Gaming To understand the current state of blockchain games, let's look at the report published by DappRadar:
This data reveals that both investors and players continue to show interest in the blockchain gaming sector. Unique Advantages of Blockchain-Based Games These positive developments further highlight the unique advantages that blockchain-based games offer over traditional games. In particular, there is a noticeable difference in the ownership of in-game assets. Unlike traditional games, players are the true owners of in-game items and characters in blockchain-based games. Thanks to NFT technology, players have full control of the digital assets they earn and purchase in-game. They can sell and convert these assets into cash in marketplaces as they wish. Gameplay and Registration Process of Blockchain-Based Games So, are there any significant differences when playing blockchain-based games or registering on gaming sites? Actually, you will not encounter too many differences in the playing phase of the games. However, in order to play Web3 games, it is necessary to log in with a crypto wallet. This point is a part where many players have difficulty or are uneasy. Although there are user guides for creating wallets, it is very important to have information about wallet security. Because the revenues you earn from the sale of assets in the game will be deposited into this wallet, and if necessary, you will transfer to the stock exchanges through this wallet. In other words, this wallet is almost your digital money vault. Suggestions for Experiencing Web3 Games If you are not familiar with Web3, and especially if you are interested in mobile games, then you should definitely take a look at the game apps in the #ton_blockchain ecosystem. Marking the year 2024, TON is a blockchain network that has made great contributions to the development of web3. Moreover, your work is much easier thanks to the wallet application with Telegram integration. You can even watch this video if you want. (https://www.youtube.com/watch?v=CzMFrJzTN-M) This video discusses how the TON (The Open Network) ecosystem is bringing innovation to the gaming industry. Topics such as blockchain-based games, NFT integration and decentralized finance are also touched upon.
Even though the developments in the industry are super exciting, I have to say there are still some concerns lingering. For instance, many people, including myself, agree that token sales for unreleased games just don’t spark the same excitement as they used to. We’ve seen interest in many game projects drop because their development processes get dragged out way longer than needed. So, why are these projects so persistent in this? This brings up a key question for us: What’s the primary goal here – attracting investors or attracting players? Of course, the answer is likely both. But if that's the case, then more effort needs to be put into finding the right balance between the two. Building a sustainable ecosystem that captures users’ interest isn’t just about offering earning opportunities. It’s also about making in-game interactions more fun and satisfying. I really hope we’ll start seeing better games in the future that focus on giving players a sense of belonging and making fun the priority. Sources: https://cointelegraph.com/explained/how-blockchain-is-revolutionizing-the-gaming-industryhttps://newzoo.com/resources/trend-reports/newzoos-global-games-market-report-2024-free-versionhttps://dappradar.com/blog/state-of-blockchain-gaming-in-q2-2024
A New Breakthrough in the Crypto World: Real World Assets (RWA)
Today, we're going to talk about Real World Assets #RWA one of the most exciting developments in the crypto world that offers investors new opportunities even in times of #MarketDownturn If, like me, you're looking to improve yourself in this area and seize new opportunities, then this article is for you!
First of all, I have to say that my introduction to RWA goes back many years. I first bought a piece of Banksy's Love is in the Air, which was launched on the Avalanche Network. When I look at its current value, I wish I had sold it in the early days. It was a failed experience for me. The second was LTO Network, which I met through @DAO Labs #SocialMining . At that time, I was new to social mining and didn't really understand the importance of RWAs. I call it a big misfortune. I really should have done more research and understood RWAs better. Therefore, please review this article carefully. Real World Assets (RWA), digitize valuable things in the physical world with blockchain technology. Houses, gold, stocks, even bonds and more... It's all available as digital tokens!
Increased liquidity: You can easily buy and sell things that are normally hard to sell.Accessibility: Even we as small investors can invest in big assets.Transparency and security: Blockchain makes everything transparent and secure.Efficiency: Transactions are faster and cheaper.Diversification: Investors can diversify their portfolios more easily. So How Does This Work? Let me talk a little bit about behind the scenes: The asset is valued.Special tokens are created for this asset.Smart contracts come into play.Finally, these tokens are traded on exchanges. What Happens in 2024? When I started my article, I talked about the consequences of my ignorance, wrong strategy and not researching the topic in detail. The fact that 2024 is a boom year for RWA projects has caused me to miss out on opportunities that I discovered early on but would have caught early on because I didn't do enough research. I am now doing more research on RWA and trying to refresh my knowledge as much as possible. I am sharing the following reports and analyses for your benefit. Please also check the resource links at the end of the article. According to CoinGecko's report, the market capitalization of commodity-backed tokens has reached 1.1 billion dollars. This figure surprised even me! (1)According to CoinDesk, RWAs are performing well despite the volatility in the crypto market. (2) And I read on CoinMarketCap that people's interest in RWAs is growing. (3) Featured News ENor Securities will offer Backed's bTokens in Latin America. This is likely to boost tokenization efforts in the region. (4)Germany's state-backed development bank is preparing to issue tokenized bonds. Traditional financial institutions are also following this trend. (5)Franklin Templeton's $420 million OnChain US Government Money Market Fund is expanding into Arbitrum. (6)#Ripple💰 to allocate $10 million in US Treasury bonds tokenized on $XRP Ledger (7) Featured RWA Projects I thought we should also remember the projects that first come to mind when we think of RWA. Here are investors' favorite RWA projects: #BlackRock 's BUIDL: A pioneer in digitizing traditional assets.Chainlink ($LINK ): Bridging smart contracts and real-world data.Maker ($MKR ): An important player in the DeFi world. Uses RWAs as collateral.LTO Network (LTO): Used to digitize legal and business processes.
During my research on RWA, I came across an article shared by DAOLabs on Reddit that illustrates the compatibility between Real World Assets (RWAs) and social mining. As DAOLabs puts it, “physical goods and services are the next frontier for the token economy to explore” and social mining can play an important role in this journey of discovery. Please read the full post (https://www.reddit.com/r/DAOLabs/comments/1ev98iw/tokenizing_realworld_assets_is_it_compatible_with/) In conclusion, I have to say that RWAs are indeed taking firm steps towards becoming the investment vehicle of the future. I think it is not far-fetched for experts to say that by 2030, the market share will reach 10 trillion dollars. So what do you think? Which RWA projects are you following? Please share with me in the comments. Note: Remember, this article is for informational purposes only. You should always base your investment decisions on your own research. Sources: (1) https://www.coingecko.com/research/publications/rwa-report-2024 (2) https://www.coindesk.com/opinion/2024/07/10/how-tokenized-real-world-assets-are-outperforming-crypto/ (3) https://coinmarketcap.com/community/articles/66b9e4e7bfb67c0b436328ec/ (4) https://www.coindesk.com/business/2024/08/13/tokenized-asset-issuer-backed-to-offer-crypto-rwas-in-latam-with-enor-securities/ (5) https://www.coindesk.com/business/2024/08/12/german-state-owned-development-bank-prepares-for-tokenized-bond-issuance-with-boerse-stuttgart-digital-in-ecb-trial/ (6) https://www.coindesk.com/markets/2024/08/08/franklin-templetons-tokenized-money-market-fund-expands-to-arbitrum/ (7) https://www.coindesk.com/business/2024/08/01/ripple-to-allocate-10m-to-tokenized-us-treasury-bills-on-xrp-ledger/
Is the Future of Artificial Intelligence Built on Blockchain?
MeromAI is an innovative artificial intelligence platform in alpha on the Ethereum $ETH #BaseChain and WAX $WAXP networks and will soon be available on the Solana $SOL network. In this article, we will explore the unique opportunities offered by #MeromAI and its contributions to the blockchain ecosystem.
MeromAI's goal is to transform the AI world dominated by large corporations into a decentralized and community-driven alternative. What sets it apart from other blockchain-based AI projects is that it is an open-source model that encourages and rewards community participation and that $AIMR tokens are distributed fairly, without pre-mining, private token sales, or ICOs. It also offers everyone the opportunity to participate in the creation of AI models and rewards them with $AIMR tokens based on their activity on the platform. It is available on Ethereum, Base, and WAX Blockchain and will soon be active on the Solona network. Isn't multi-chain support one of the most important features that makes a project stand out? Earning $AIMR token starts with training Meromai AI. But how do you train it? To start creating prompts or responses, you must first register with MeromAI. Unfortunately, it is not possible to make any contribution without completing the registration process. First, examine the platform. Read the rules and find out what you need to do to avoid having your contributions rejected. The FAQS page will guide you.
Thanks to our AI experience starting with ChatGPT, some of us can already ask questions as effectively as a prompt engineer and get accurate answers. So what is the secret to getting effective answers in AI models? Of course, creating specific and descriptive prompts... For example, if you are wondering how the cryptocurrency market will be affected after the approval of #ETH_ETF_Approval_23July and you type a simple prompt like “ETH ETF Approval 23 July” to the AI model, the response you will get will definitely not satisfy you. Therefore, you need to write a prompt by further clarifying the topic you want to learn. For example, I wrote prompts to MeromAI in 3 different ways and the answers I got were different.
As you can see, the clearer your prompts are, the more accurate the responses you will receive. If you want to train MeromAI for its purposes, you must first understand the importance of effective prompt writing. By seeing what kind of results you can achieve by writing effective prompts, it will be objective to evaluate whether other users' prompts are also effective. You can start by looking at the image below.
So why should you continue to contribute to the MeromAI project? MeromAI is a completely open-source AI stack with contributions from thousands of people. The aim is to train AI like a human. How do we think or react as human beings? This is what we need to pay attention to. In particular, we have never been able to contribute to any AI project and get a reward in return. Can you imagine what a great opportunity this is for technology and blockchain enthusiasts like us? Moreover, considering the role that artificial intelligence will play in the transition from Web 3.0 to Web 4.0 and that “prompt engineering” is among the professions of the future, MeromAI will also improve our ability to see, examine, and understand things closely. In fact, it will do more.
So how will the deployment of MeromAI on the WAX Blockchain, one of the most important supporters of Web3, benefit the WAX ecosystem? WAX has already started to encourage community participation and reward them with WAXP tokens with the launch of the @DAO Labs social mining platform WAXHub. I think the deployment of MeromAI, also a community-driven project, on WAX, is an indication of how much WAX values its community. In addition, the deployment of MeromAI on the #WAXBlockchain will contribute to the expansion and diversification of the WAX ecosystem. In particular, it is noteworthy that WAX is pushing the boundaries of blockchain technology by expanding its existing and potential user base and enabling new use cases to be explored. MeromAI's success on WAX can be seen as a testament to the synergy that comes from the combination of blockchain and artificial intelligence technologies and has the potential to pave the way for innovation in this area. As you can see, it is very important in an ecosystem to engage the community and encourage them to add value. Both MeromAI and DAOLabs offer platforms that encourage and reward users' active participation. Every valuable contribution to projects on DAOLabs #SocialMining Hubs (Avalanche, Polygon, Kava, WAX, TON, and DAOVERSE) allows social miners to be rewarded with project tokens. This can be done by tweeting, writing articles, creating infographics, sharing gifs or memes, or even creating digital designs. In conclusion, MeromAI, which takes a similar approach to DAOLab's social mining approach, provides an excellent example of how blockchain-based projects can become more sustainable and community-driven. By encouraging user participation, such projects are taking important steps toward a decentralized future.
In #SocialMining , it's not just about contributing to projects and earning, it's about getting to know the #web3 world better and bringing opportunities to even more people... For example, #Polygon WAX and TON Blockchain... At the beginning of 2024, TCHUB went live and allowed us to closely follow the developments in the TON Blockchain and turn to alternative earnings. Telegram is an incredible resource for Web3. Collaborating with TON Blockchain is the most effective way to access this resource. Two important steps have been taken in this regard. TAC is building a zk-powered L2 solution that connects to AggLayer for TON blockchain, enabling EVM compatibility for Telegram dApps and increasing users for the entire network. and A new bridge between WAX and TON networks will allow transfers of native tokens and other supported assets, expanding possibilities for users. In short, these three projects use the DAO Labs social mining platform, and #DAOLabs is further empowering the Web3 community with its social mining platform and helping them make a bigger impact together.
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TON Gets New Layer 2 Network on Polygon CDK
The development of a Layer-2 network based on the CDK (Chain Development Kit) brought a new wave of development to the Ecosystem. In such a move, efficiency within the blockchain ecosystem has seen an increase in scalability, security, and many others. has become integral to networks like .
This is done with the help of Polygon's CDK, making TON one of the first decentralized projects to solve scalability and security issues that have plagued blockchain networks for years. This newly developed Layer 2 network will provide super speed at relatively lower transaction costs in transacting, therefore making it attractive to users and developers. This fact well marries up to the development of TON as an advanced, user-friendly, decentralized blockchain ecosystem.
TON is finally getting into the blockchain networks community as a Layer-2 network, building with the top cryptocurrencies like Bitcoin and Ethereum. This integration will mean better scalability and security for users dealing with BTC and ETH on the TON network. There is going to be interoperability to move easily through different networks, making the blockchain space even more interlinked.
Apart from these technical enhancements, TON gives more importance to community participation with the aid of Social Mining. This is one transparent, decentralized incentivization of active members for their contribution to the ecosystem. Users receive native tokens as a reward for the actions they perform: either content creation, giving feedback, or promoting the network. It, in other words, increases the numbers of participants and raises a real, very active community around TON and Polygon.
' allows users to create both educational and engaging content on the new TON Layer-2 network and its integration with the Polygon CDK. Any community member is able to write articles, make videos, or take part in active discussions on how this development favors them. For such activity, one will be remunerated in tokens that can be exchanged for on the Polygon hub. Such user engagement leads to more awareness and further fills up the community knowledge base. In another, more community-engaged approach, the Polygon community has rolled out a second set of bounties campaign-style around the launch of the TON New Tier-2 network. Users are encouraged to write news articles or threads that will feature Everstake roles on security practices and benefits to the PoS community utilizing the Polygon network. Users stand a chance to earn as much as 800 points for this specific lot of tasks, plus a boost in reputation of 0.1, which can still be converted to $MATIC and will be held as a redeemable asset at the end of the campaign.
In these activities, apart from the chance given to people to win something, they contribute greatly toward public awareness with regard to the role that validators like Everstake play in ensuring security and efficiency within blockchain networks. Part of this campaign is that Hubbers of Polygon also create an educational Infographic of what the Polygon CDK is and how it allows Ethereum integrations; also, how it supports the Ethereum-based apps with TON. Then, Hubbers are supposed to also deliver a Maxipost or at least three X threads meant to explain the purpose of TACs, what is the integration procedure of Polygon CDK, and reasons for choosing the Polygon CDK for this job. This initiative not only fosters deeper understanding but also enhances community engagement and knowledge sharing.
$BTC $ETH $BNB CPI data has been released. An interest rate cut in September is seen as certain. #CPI_BTC_Watch
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MetaverseJR
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Powell made the first move. And what awaits us afterward?
After the US Federal Reserve (FED) Chairman Jerome Powell's presentation to Congress yesterday, there was a remarkable movement even in big players such as $BTC $ETH and $BNB Key Points: The US economy is no longer "overheated".The job market has "cooled significantly" after the excesses of the pandemic.Inflation has been improving in recent months.More positive data will boost the central bank's confidence in lowering interest rates. Reflection of interest rate cut expectations on the market
As of now; Ethereum +1.07% value increase in the range of $3050-$3120#BTC_Bounce_Back_to_57k Bitcoin is down -0.82% in the range of $57100-$59250 BNB continues to trade in the $512-$525 range with a value increase of +1.12%. Today, the market is generally in the green and experts believe that Powell's statements have positively impacted the market and expectations for a rate cut in September have strengthened. Especially the Consumer Price Index (CPI) data to be released on July 11 should be carefully monitored, as this data is critical in determining the long-term trend and the steps to be taken by the FED.
I would like to remind you once again that Powell has always made cautious statements and has not made a clear statement about the timing of interest rate cuts. In this situation, as always, we should continue to act cautiously and take advantage of the earning opportunities that Web3 offers us. Decentralized Finance (DeFi): Staking, Yield Farming, Lending and BorrowingNFT (Non-Fungible Token): Digital artworks and NFT-based games, etc.GameFi: Refers to play-to-win style blockchain games that offer economic incentives to players. Social Mining: Earning project tokens while supporting the growth of crypto projects by producing quality content.
In fact, many of us are familiar with these earning opportunities, but what I really want to draw attention to here is the expansion of Web3 and its simplification and gamification for everyone to use. The progress of the TON Blockchain in this regard is incredible. I think it would not be wrong to say that 2024 is the year of its rise. In Web3 has clearly shown of what can be done.
In terms of gamification, #Notcoin👀🔥 and Hamster Kombat are the most vivid examples. Telegram and wallet-integrated dApps were created for you to recognize all the opportunities in the Web3 ecosystem. Not only these, DeFi and NFT Marketplace applications are also offered to you to take advantage of many opportunities. Moreover, the bridge announcement between WAX Blockchain and TON Blockchain supports TON's efforts to expand the Web3 ecosystem. We are very happy to see such cooperation between two important projects of #DaoLabs #SocialMining In conclusion, no matter which direction the market is heading, Web3 offers many opportunities for every investor profile. Following the developments in this field closely and making informed decisions will give us significant advantages.
Powell made the first move. And what awaits us afterward?
After the US Federal Reserve (FED) Chairman Jerome Powell's presentation to Congress yesterday, there was a remarkable movement even in big players such as $BTC $ETH and $BNB Key Points: The US economy is no longer "overheated".The job market has "cooled significantly" after the excesses of the pandemic.Inflation has been improving in recent months.More positive data will boost the central bank's confidence in lowering interest rates. Reflection of interest rate cut expectations on the market
As of now; Ethereum +1.07% value increase in the range of $3050-$3120#BTC_Bounce_Back_to_57k Bitcoin is down -0.82% in the range of $57100-$59250 BNB continues to trade in the $512-$525 range with a value increase of +1.12%. Today, the market is generally in the green and experts believe that Powell's statements have positively impacted the market and expectations for a rate cut in September have strengthened. Especially the Consumer Price Index (CPI) data to be released on July 11 should be carefully monitored, as this data is critical in determining the long-term trend and the steps to be taken by the FED.
I would like to remind you once again that Powell has always made cautious statements and has not made a clear statement about the timing of interest rate cuts. In this situation, as always, we should continue to act cautiously and take advantage of the earning opportunities that Web3 offers us. Decentralized Finance (DeFi): Staking, Yield Farming, Lending and BorrowingNFT (Non-Fungible Token): Digital artworks and NFT-based games, etc.GameFi: Refers to play-to-win style blockchain games that offer economic incentives to players. Social Mining: Earning project tokens while supporting the growth of crypto projects by producing quality content.
In fact, many of us are familiar with these earning opportunities, but what I really want to draw attention to here is the expansion of Web3 and its simplification and gamification for everyone to use. The progress of the TON Blockchain in this regard is incredible. I think it would not be wrong to say that 2024 is the year of its rise. In Web3 has clearly shown of what can be done.
In terms of gamification, #Notcoin👀🔥 and Hamster Kombat are the most vivid examples. Telegram and wallet-integrated dApps were created for you to recognize all the opportunities in the Web3 ecosystem. Not only these, DeFi and NFT Marketplace applications are also offered to you to take advantage of many opportunities. Moreover, the bridge announcement between WAX Blockchain and TON Blockchain supports TON's efforts to expand the Web3 ecosystem. We are very happy to see such cooperation between two important projects of #DaoLabs #SocialMining In conclusion, no matter which direction the market is heading, Web3 offers many opportunities for every investor profile. Following the developments in this field closely and making informed decisions will give us significant advantages.
It is a project that especially former social miners have made great efforts $EGLD . It is even the apple of some of our friends' eyes. Because they experienced the excitement of every development in #Elrond . This is why #SocialMining is important. You see the evolution of a project firsthand.
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Analyzing $EGLD by MultiversX: A High-Throughput Blockchain for the Future
Choosing a responsible and potentially rewarding investment in the crypto space can be challenging. With a focus on financial safety and technological promise, #MultiversX (formerly Elrond) and its native token eGold ($EGLD ) stand out. This high-throughput blockchain aims to support the burgeoning metaverse with unparalleled transaction speeds and innovative features. Inspiration for Picking MultiversX ($EGLD) MultiversX distinguishes itself with its technological advancements and robust ecosystem. In its early years, #DaoLabs played a crucial role in its development. With an aim to deliver 1000x throughput compared to existing blockchains, MultiversX positions itself as a key player in managing massive user adoption, essential for the metaverse and beyond. Elrond (now MultiversX) grew significantly through the input of #SocialMining , gaining substantial support from its community. Origins and Product Technology MultiversX was founded to address the scalability issues plaguing many blockchains. The network's innovative technologies include: Adaptive State Sharding: This allows real-time adjustment of the network capacity, providing a flexible and efficient blockchain infrastructure.Secure Proof of Stake (SPoS): A consensus mechanism that enhances security and efficiency by rotating validators and maintaining decentralization.Elrond VM (EVM): A dedicated smart contract execution engine that supports multiple programming languages, increasing accessibility for developers. These features collectively enable MultiversX to offer high throughput, low latency, and minimal fees, making it a versatile platform for various applications. Background: Story and Team MultiversX was founded by Beniamin Mincu, Lucian Mincu, and Lucian Todea. The team brings together experts in blockchain, security, and business. Their vision is to create a high-speed, secure blockchain that can handle real-world applications and user demand. The transition from Elrond to MultiversX reflects their broader ambition to support the metaverse and advanced digital ecosystems. Purpose of the Coin's Use $EGLD serves multiple critical functions within the MultiversX ecosystem: Staking: Users can stake $EGLD to support network security and earn rewards.Governance: Token holders can participate in the governance process, influencing the future direction of the network.Transactions: $EGLD is used to pay for transactions and smart contract executions.Validator Rewards: Validators receive $EGLD for maintaining the network. Relevance Market Cap and Valuation: Market Cap: $781,658,617Fully Diluted Valuation (FDV): $781,806,977 Circulating Supply: 27 Million EGLD tokens Price Performance: All-Time High: $545.64 (November 23, 2021)All-Time Low: $6.51 (October 7, 2020)Recent Price: Significantly higher than the all-time low, indicating substantial growth Recent Listings: Recently listed on Bit2Me, the largest exchange in Latin America Recent Updates: Sharding technology update to enhance scalability and performance$110K trading competition on BinanceTR, highlighting community support initiatives Conclusion MultiversX and its native token $EGLD present a compelling investment opportunity. With advanced technology, a dedicated team, and strong market fit, MultiversX is well-equipped to support the future of digital ecosystems and the metaverse. As always, potential investors should conduct their due diligence and consider the risks involved.
I never thought it would be so easy to create #Memecoins🤑🤑 on the @WAX Blockchain. But at the same time, I think:
"Is it right that things are so simple?" Especially at a time when new investors are disappointed after jumping into every memecoin project.
Of course, it's everyone's choice. $WAXP
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We are Looking for New Friends to $WAXP
Is it possible to produce a coin with blockchain technology without knowing the software? This issue is on the agenda of social miners. At the community Hub established by ' community, there are miners preparing to create the most trending topic of these days, "memecoin". Using the possibilities of the blockchain, you can create your own memecoin with waxdao.
For details, medium review : https://medium.com/wax-io/token-magic-on-wax-a-guide-to-gaming-meme-coins-ca2ebcdf0635 's guide.
The growth in the #RWA ( Real World Asset ) ecosystem is incredible. The infrastructure #MantraChain $OM provides makes it even more prominent in this sector.
Definitely a must-read 👇
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The Real World Asset Project In A Social Mining Territory
The current Web 2.0 focuses on connecting people through the invention of social media platforms and the development was on the application layer only. The introduction of Web3 has turned into a #Megadrop as it unlocked a huge opportunity for all with no involvement of a third party. In 2022, #DaoLabs became the proprietor of #SocialMining with the idea of supporting organizations in areas of rewarding their community members for contributing to organizational growth through a DAO structure based on a merit-based system, and in today's engagement, we see a lot of points based platforms that majority of the project is using to grow the projects, this shows that users' content is an asset in the Web3 space hence, needed to be rewarded. You can do your further research on DAOLabs Social Mining Idea for more information as there is a huge opportunity right there.
Now, Let's Talk About Real World Asset As we know, Web 3 is all about ownership (decentralization), and recently we saw how the technology set to tokenize the Real World Assets (RWA) which involves digitizing ownership of physical and financial assets on the blockchain. According to #CoinMarketCap Real World Asset sits at $34.9 Billion with a Trading Volume of $1.3 Billion in the last 24hrs which shows there is huge liquidity around the Real World Assets ecosystem. A lot of projects here release unique features that users can benefit from, however, I sighted $OM which is a MANTRA utility token launching its new chain on Cosmos Network though its genesis token launched on Ethereum Network in 2020 and added Binance and Polygon blockchain respectively, there is need to check out what this project is doing differently and position for the opportunities right there.
MANTRA CHAIN INSIDE REAL-WORLD ASSETS ECOSYSTEM The growth experienced in the RWA ecosystem lately made financial analysts say tokenizing Real-World Asset will push its value up to $16 trillion by 2030, signifying a transformative shift in traditional financial and investment practices. MANTRA is positioned as a Security First RWA Layer 1 Blockchain, capable of adherence to real-world regulatory requirements, and making sure the project connects with everyone in every location or country. Notable Point MANTRA Chain will enable the seamless fractionalization and tokenization of real-world assets, including art, commodities, and real estate.MANTRA Chain will streamline user onboarding with a secure DID system, utilizing Soulbound NFTs for enhanced identity verification and simplified KYC/AML compliance.MANTRA Chain will utilize Cosmos Hub and IBC protocol for secure token movement and seamless transactions across the Cosmos ecosystem.MANTRA Chain will foster a dynamic ecosystem through on-chain governance, enabling community participation in continuous upgrades and improvements.
Knowing that the chain's mainnet launch is still in the pipeline, interacting with the incentivized testnet and position for Airdrop might be one of the advantages this project brings for all participants coupled with the fact that the utility token is already a listed token on Binance exchange. This is an advantage for all Binance users to leverage the utilities that surround the token. REAL-WORLD ASSET IN SOCIAL MINING TERRITORY As RWA projects like MANTRA create tokens on a blockchain that represent physical or financial assets like art, real estate, stocks, or bonds, so is DAoLabs sees the user's content as an asset, and every single drop command reward to the creator, this technological innovation, especially in Social Mining pitched by DAOLabs, allows the user receives platform points on their content which servers as the digital proof of ownership. Notable Point Social Mining incentivizes community-building that is decentralized and supports projects in the long run.Social Miners earn through recognition of quality content shared.Social Mining is a proven product that helped many leading blockchain networks build their community. TON Network, Avalanche, Polygon, WAX, and KAVA are presently using it. In conclusion, you can tokenize anything but for value purposes, everything is not supposed to be tokenized. Check through project utilities, leverage them, and protect your investment through proper risk management.
Disclaimer: I am not a financial advisor, every information shared here is for educational purposes, please do your research. For DAOLabs: https ://www .daolabs .com For MANTRA: https ://www .mantrachain .io
With the direction of the cryptocurrency market still uncertain, I think $KAVA staking will be a safe haven with its rewards and positive expectations for the future.
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DAO Labs
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KAVA Coin weekly price analysis
$KAVA Hub says. Have you read the prediction of the #KAVA fans built by the #DAOLabs #SocialMining community and the community that aims to promote kava about the kava coin with the week that starts?
When it comes to staking, Kava is among the top coins. It is one of the rare projects you should hold in significant quantity in your portfolio, allowing you to earn in proportion to what you hold. We will frequently see this project among the top 50 performers in a rising market. After breaking the initial 0.7226 level, it will likely move towards the red-shaded area. The price is currently accumulating.
Blum.io and Binance Labs: Shining Star in the MVB Program
As a @DAO Labs social miner, I continue to research projects that have received #BinanceLabs support. Today, we'll take a brief introduction to #BLUM .io, a project that was selected for the MVB VII program. The collapse in altcoins after the $BTC crash has caused many investors to look for safer havens. As you may remember, in this article (https://www.binance.com/en/square/post/10262514130273), I analyzed Binance Labs' investment portfolio and when we looked at the investment returns, we saw that better returns were achieved with the effect of the general market situation. In this case, it may be the most logical step to follow the projects supported or monitored by Binance Labs. Binance Labs has invested in +250 projects so far and has incubated more than 50 of these projects. The Blum project is among the projects that have caught the attention of Binance Labs and has already taken its place in the 7th season of the MVB (Most Valuable Builder) program. The MVB program is an incubation program that supports early-stage blockchain projects and offers a variety of resources and mentorship services to help them grow rapidly. Projects in this program can grow faster and more reliably thanks to Binance Labs' extensive network and financial support, but what are the key features that put the incubated Blum project ahead of the other candidates? Hybrid Model: Blum combines the speed and cost advantages of centralized exchanges with the security of decentralized exchanges.Broad Token Access: Automatically lists tokens from various exchanges and protocols. Mobile and Telegram App: Provides users with easy access and the ability to complete tasks and earn rewards via the Telegram bot.User-Friendly Derivatives Products: Offers simple and straightforward derivatives products.P2P Fiat Trading: Enables easy fiat trading with local currencies. Roadmap and Future Plans: Blum detailed future developments and plans to improve the user experience: Q2 2024: Addition of new features such as Drop Game, Public Launch, Balances, Self Protection Wallets, Swaps, Leaderboards, and Memepad.Q3 2024: MPC Wallet, Perpetuals, App Store and Google Play launch.Q4 2024: Launch of a fully functional web platform (Blum). Blum and DAO Labs Social Mining: Blum has attracted a lot of attention, especially with community-driven events and campaigns. Many users, myself included, got to know the Blum project through the Blum Telegram bot that we installed on the Telegram app. Right now we only farm points. Sometimes special tasks are published and we earn Blum points by completing these tasks. How can you earn Blum points after activating this bot? By playing games (be careful with mines, if you accidentally step on them you will lose the points you collected during the game).Visiting the app every 8 hours and claiming your farmed points.Completing tasks on the Task page.Inviting your friends. Now the following question may come to your mind: All we have now is a telegram bot. Is this the only thing that got Binance Labs' attention? You're absolutely right. When I watched the video content about Blum, I thought, "I should definitely install and test this app," and I was shocked to see that it was just a click-to-win kind of app. But if you look at the roadmap a little bit more carefully, every action we take on the app is us exploring and familiarizing ourselves with the app. With each feature addition, we'll learn more and more about Blum and what benefits we'll get with the points we earn. So we haven't even discovered the real deal yet. In a similar way, #DaoLabs #SocialMining offers a system that encourages active community participation and rewards participants. Social mining allows community members to promote the project, complete tasks and earn rewards in the process. This helps projects grow organically and build a strong community. Blum is a promising project that aims to provide innovative and user-friendly solutions for cryptocurrency trading with the support of Binance Labs. This support plays a critical role in Blum's technological development and strengthening its position in the market.
Even as $BTC crushes all #altcoins , social miners are at it again. Most of my fellow @DAO Labs social miners, including me, have completed about 10 weeks of challenge rounds. More precisely, I will be completing it now. Let's see if you like my work this time 😉 Our last task at Daoversian Decathlon was to design a mascot for a project in the DaoLabs social mining galaxy. I had chosen 3 projects on the first day of the task. I even said that I would suggest 1 mascot for all of them. My dreams are Paris... of course 😂 Our task in the SSMM final round kept me very busy. Especially when my opponent was @Senator Skelz ... 🤝Anyway, we both submitted our work and are eagerly awaiting the results to be announced. Now it's time to focus on the final task. From the beginning, I was focused on $MATIC , #ton_blockchain , and #DAOVERSE projects, and I had even chosen characters based on the main characteristics of all these projects. But at the last moment, I went back to my roots and focused on DAOVERSE, and here is my mascot... DAO Dragon
Creation story: #DaoLabs social miners are described as the Ninjas of #SocialMining and of course, I first wondered if I should design a NINJA mascot like the one in my profile picture. But then I reconsidered. We already have a ninja mascot somehow, even if it's a small one on our task banners. So what could it be? Of course, the clue was right in front of me. The DAO Labs logo... Many people think our logo looks like a lion. But I saw a dragon in front of me. So I found my character, what will he be called? LABOR Dragon, DAODag, I finally decided to name him DAO Dragon. A digital dragon in the digital age: DAO Dragon This cute and clever character represents the innovative spirit and technological power of DAOVERSE. Why this name? The main reason I chose the name DAO Dragon is that I wanted to combine the organizational structure of a DAO with the mythological power and wisdom of dragons. Dragons represent wisdom, power, and change in many cultures; of course, DAOVERSE wants to do the same. It's a perfect fit.
Digital DNA Intelligence: His bespectacled form symbolizes his ability to think analytically and strategically.Compatibility: His appearance in different roles (scientist, businessman, athlete, analyst, youth, and much more) reflects the versatility and inclusiveness of DAOVERSE and its community.Technological Progress: The network structures in the background represent blockchain technology.Strength and Growth: The muscular structure and dynamic stance show the project's forward-looking vision and growth potential. Why did I use blue color tones? I thought a mix of DAOLabs brand colors would be a perfect choice. The color blue is often associated with calmness, serenity and tranquility. However, blue also represents reliability, loyalty and wisdom. In the business world, blue is often associated with professionalism, formality and reliability.
In summary, DAO Dragon will be more than a mascot and a powerful symbol that embodies the project's values, vision, and community spirit. This character will make technical topics fun and accessible while maintaining the seriousness and professionalism of the project. Do you think DAO Dragon could be our official mascot? I look forward to your comments.
#RangoExchange enabled Maya’s $ARB liquidity. You can now swap directly from $BTC native to $ETH on #Arbitrum in just one step.
Check out all of Rango's options. It offers different alternatives in terms of cost and speed. In my article, I have outlined which details to pay attention to when using the platform. 👇
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MetaverseJR
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Binance Labs and Rango: Cross-Chain Innovation in the Web3 Era
$ARKM $LISTA $GMT Binance Labs, the venture capital and incubation arm of the world's largest cryptocurrency exchange, continues to invest in Web3 technologies. As a @DAO Labs social miner, I analyzed @Binance Labs ' investment portfolio tested the implementation of its latest investment #RangoExchange and gave my opinion on the project. So what does this investment mean for the evolution of cross-chain technologies and decentralized finance (DeFi)? Let's take a look at all the details together. Part 1: Binance Labs Portfolio Analysis: Value-Creating Investments in the Crypto World With a focus on fostering growth in the blockchain industry, Binance Labs has always proven to be effective in supporting and investing in promising cryptocurrency projects. Key Stats: The portfolio covers more than 250 projects from more than 25 countries around the world,The impressive average return on investment of 14x,50% of these projects have gone through comprehensive incubation programs.
Binance Labs' Return on Investment (ROI) Comparison When we look at Binance Labs' portfolio in general, we see that it consists of projects with excellent returns. Especially when Retail ROI is considered, projects such as MATIC, AXS, EGLD, SAND, ARKM, LISTA, ID, GMT, EDU, and CTSI stand out with their very high ROI.
This chart also shows that the 2019-2022 period launches (other than Arkham, Lista DAO, ID, and EDU) have shown higher investment performance... I think the overall uptrend of the market in this period and Binance's strong ecosystem also had a big impact. Comparing All-Time Highs (ATH) of Projects in Binance Labs' Portfolio Until early 2022, the projects in the portfolio showed a generally positive outlook. However, the Binance Labs portfolio seems to have been negatively affected by the deterioration of the overall cryptocurrency market conditions in late 2022 and 2023 to the present.
Taking a long-term view, Binance Labs has a successful portfolio. While many projects are well below ATH levels, they still have significant volume and valuations (GMT, ALICE, ALPHA, FINE, HIGH, ONE, etc.). Fluctuations in the Value of Coins in Binance Labs' Portfolio Binance Labs usually invests in quality early-stage projects. The chart below shows the price fluctuations of 10 of these projects over the years.
Given the market volatility over the last five years, it may make sense to follow the projects in Binance Labs' portfolio. In the short term, I think the projects in the portfolio will react to market conditions, but in the long term, quality projects will always be at the forefront. Part 2: Rango Exchange: Cross-Chain Solutions for a Decentralized Future Binance Labs' investment in #Rango Exchange represents a pivotal moment in the evolution of decentralized finance (DeFi). As a cross-chain decentralized exchange (DEX) and bridge aggregator, Rango is the most important solution in the cross-chain ecosystem. Rango aims to process more than 90% of the cross-chain DeFi volume in the future, covering all major blockchains in the crypto market.
Why Rango is Important to Binance Labs Interoperability: Rango's cross-chain capabilities address the growing need for seamless interaction between different blockchain networks Web3 Adoption: Rango accelerates Web3 adoption by simplifying cross-chain transactions, making DeFi accessible to a wider audience.Strategic Alignment: This investment strengthens Binance's commitment to the multi-chain ecosystem, positioning it as a leader in cross-chain innovation.Improved DeFi Accessibility: Rango's integration with popular wallets and dApps enables the expansion of access to DeFi services to millions of users. Part 3: Rango User Guide: Step-by-Step Process Bridging and User Experience Rango's user-friendly interface and extensive blockchain support make it an ideal platform for both new and experienced users. Let's take a closer look at how to use Rango. Especially for new users, I have prepared an infographic with screenshots of how to use the platform. If you follow the steps in this infographic, you will be able to complete your first transactions on the platform much faster and smoother. Now, I would like to share my insights from the testing phase.
When we open the application from the link https://app.rango.exchange/, a simple and familiar interface welcomes us. As an experienced user, I had no difficulty in figuring out where to set slippage settings, how to connect the wallet, and where to select the network and tokens for swaps and bridging. When I tested the swap, the listing of options in the Routes window was quite detailed for a user like me who always prefers to do low-cost operations and put speed on the back burner. Inevitably, I felt the need to examine the list until the end and still selected the recommended option and started the process. But then I realized that there were options in the upper right part of the window and the suggestions would be listed according to my preference. I proceeded with these preferences in my next process. Maybe it was just me because I was using the Metamask wallet during this test, but the metamask window stuck on every confirmation screen. Especially the transaction limit and the confirmation window after it did not open automatically. Since I saw a warning on the metamask application, I opened the window myself and confirmed. By the way, both my browser and Metamask versions are up to date. Despite these minor glitches, my Linea to Avalanche bridging process went smoothly and quickly. I did the same with an Ethereum to Arbitrum swap, and it was much faster with a fraction of the estimated transaction time and cost. I'll also give you another little tip. After connecting your wallet to the application, if you examine your wallet details on the top right of the screen, you will be done with the problem of "Which token from which network can I swap". I like this feature and I'm sure it will save time for all users. In conclusion; Rango, strengthened by Binance Labs' investment, seems to have the potential to make life easier for users in the multi-chain finance world and unlock the potential of DeFi. As a user, I can personally say that I will be doing more transactions on Rango from now on. Sources: CryptoRankCoinMarketCapRango Exchange UpdatesBinance Blog
Binance Labs and Rango: Cross-Chain Innovation in the Web3 Era
$ARKM $LISTA $GMT Binance Labs, the venture capital and incubation arm of the world's largest cryptocurrency exchange, continues to invest in Web3 technologies. As a @DAO Labs social miner, I analyzed @Binance Labs ' investment portfolio tested the implementation of its latest investment #RangoExchange and gave my opinion on the project. So what does this investment mean for the evolution of cross-chain technologies and decentralized finance (DeFi)? Let's take a look at all the details together. Part 1: Binance Labs Portfolio Analysis: Value-Creating Investments in the Crypto World With a focus on fostering growth in the blockchain industry, Binance Labs has always proven to be effective in supporting and investing in promising cryptocurrency projects. Key Stats: The portfolio covers more than 250 projects from more than 25 countries around the world,The impressive average return on investment of 14x,50% of these projects have gone through comprehensive incubation programs.
Binance Labs' Return on Investment (ROI) Comparison When we look at Binance Labs' portfolio in general, we see that it consists of projects with excellent returns. Especially when Retail ROI is considered, projects such as MATIC, AXS, EGLD, SAND, ARKM, LISTA, ID, GMT, EDU, and CTSI stand out with their very high ROI.
This chart also shows that the 2019-2022 period launches (other than Arkham, Lista DAO, ID, and EDU) have shown higher investment performance... I think the overall uptrend of the market in this period and Binance's strong ecosystem also had a big impact. Comparing All-Time Highs (ATH) of Projects in Binance Labs' Portfolio Until early 2022, the projects in the portfolio showed a generally positive outlook. However, the Binance Labs portfolio seems to have been negatively affected by the deterioration of the overall cryptocurrency market conditions in late 2022 and 2023 to the present.
Taking a long-term view, Binance Labs has a successful portfolio. While many projects are well below ATH levels, they still have significant volume and valuations (GMT, ALICE, ALPHA, FINE, HIGH, ONE, etc.). Fluctuations in the Value of Coins in Binance Labs' Portfolio Binance Labs usually invests in quality early-stage projects. The chart below shows the price fluctuations of 10 of these projects over the years.
Given the market volatility over the last five years, it may make sense to follow the projects in Binance Labs' portfolio. In the short term, I think the projects in the portfolio will react to market conditions, but in the long term, quality projects will always be at the forefront. Part 2: Rango Exchange: Cross-Chain Solutions for a Decentralized Future Binance Labs' investment in #Rango Exchange represents a pivotal moment in the evolution of decentralized finance (DeFi). As a cross-chain decentralized exchange (DEX) and bridge aggregator, Rango is the most important solution in the cross-chain ecosystem. Rango aims to process more than 90% of the cross-chain DeFi volume in the future, covering all major blockchains in the crypto market.
Why Rango is Important to Binance Labs Interoperability: Rango's cross-chain capabilities address the growing need for seamless interaction between different blockchain networks Web3 Adoption: Rango accelerates Web3 adoption by simplifying cross-chain transactions, making DeFi accessible to a wider audience.Strategic Alignment: This investment strengthens Binance's commitment to the multi-chain ecosystem, positioning it as a leader in cross-chain innovation.Improved DeFi Accessibility: Rango's integration with popular wallets and dApps enables the expansion of access to DeFi services to millions of users. Part 3: Rango User Guide: Step-by-Step Process Bridging and User Experience Rango's user-friendly interface and extensive blockchain support make it an ideal platform for both new and experienced users. Let's take a closer look at how to use Rango. Especially for new users, I have prepared an infographic with screenshots of how to use the platform. If you follow the steps in this infographic, you will be able to complete your first transactions on the platform much faster and smoother. Now, I would like to share my insights from the testing phase.
When we open the application from the link https://app.rango.exchange/, a simple and familiar interface welcomes us. As an experienced user, I had no difficulty in figuring out where to set slippage settings, how to connect the wallet, and where to select the network and tokens for swaps and bridging. When I tested the swap, the listing of options in the Routes window was quite detailed for a user like me who always prefers to do low-cost operations and put speed on the back burner. Inevitably, I felt the need to examine the list until the end and still selected the recommended option and started the process. But then I realized that there were options in the upper right part of the window and the suggestions would be listed according to my preference. I proceeded with these preferences in my next process. Maybe it was just me because I was using the Metamask wallet during this test, but the metamask window stuck on every confirmation screen. Especially the transaction limit and the confirmation window after it did not open automatically. Since I saw a warning on the metamask application, I opened the window myself and confirmed. By the way, both my browser and Metamask versions are up to date. Despite these minor glitches, my Linea to Avalanche bridging process went smoothly and quickly. I did the same with an Ethereum to Arbitrum swap, and it was much faster with a fraction of the estimated transaction time and cost. I'll also give you another little tip. After connecting your wallet to the application, if you examine your wallet details on the top right of the screen, you will be done with the problem of "Which token from which network can I swap". I like this feature and I'm sure it will save time for all users. In conclusion; Rango, strengthened by Binance Labs' investment, seems to have the potential to make life easier for users in the multi-chain finance world and unlock the potential of DeFi. As a user, I can personally say that I will be doing more transactions on Rango from now on. Sources: CryptoRankCoinMarketCapRango Exchange UpdatesBinance Blog
I have been following the developments, especially in the $AVAX closely, but it seems that all these developments and improvements have not satisfied a certain group of people and the decline continues. I really started to wonder, what could be the news that will make @avax rise?
$AVAX
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TopCryptoNews
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🔥 3 Cryptos for Now Before They Skyrocket in Value
🔸 Ripple (#XRP )
Ripple's XRP offers transformative financial transaction capabilities, particularly for cross-border payments, which are significantly faster and cheaper than traditional methods. Its growing adoption by banks and financial institutions around the world underscores its potential for extensive impact and value increase.
🔸 Avalanche (#AVAX )
Avalanche features a highly-scalable platform that supports a vast array of blockchain applications, from simple token swaps to complex DeFi solutions, with an emphasis on speed and reliability that attracts a wide developer audience.
🔸 Lido DAO (#LDO )
Lido DAO is pioneering staking solutions on Ethereum, allowing users to stake their Ether while maintaining liquidity, a critical innovation as Ethereum shifts to proof-of-stake, enhancing its usability and appeal to a broader investor base.
Closing Remarks
Ripple (XRP), Avalanche (AVAX), and Lido DAO (LDO) each offer compelling reasons for inclusion in any crypto investment portfolio, with innovations that promise to redefine their markets.
Thanks to #DaoLabs #SocialMining hub #KavaHub we met Kinetix Finance and discovered its value in the $KAVA ecosystem. A few days ago they announced their #airdrop and we need to spread this big and important news to many more blockchain enthusiasts.
The things to do are extremely simple. Review the task details below and enrich them with images, then publish your maxipost and share your link in the task detail. 👇
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DAO Labs
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The Kinetix Airdrop Procedure: An Explainer
Hello, #DAOLabs ' $KAVA #SocialMining Hubbers! By now, you’re surely familiar with the buzz surrounding Kinetix Finance, the game-changer in DeFi and a standout in the #Kava ecosystem. This cutting-edge platform is making waves with its trader-friendly features designed to give users a significant advantage in the crypto trading arena. And now, it’s airdrop time for Kinetix Finance, and we’re excited to invite you to help spread the word.
Kinetix Finance’s airdrop presents a fantastic opportunity for the Kava community to get involved and share this exciting news. Your task is to create an engaging and informative Maxy Post or an X Thread that explains the airdrop procedure in a way that’s entertaining, easy to understand, and crystal clear.
First, let’s break down the airdrop procedure itself. Participants need to understand the steps involved, the requirements, and the eligibility criteria. This information is crucial as it guides users on how to take part in the airdrop effectively. Highlighting each step in a straightforward manner will ensure that even those new to the concept can follow along and participate without any confusion.
Next, delve into what makes participating in the airdrop so appealing. Focus on the benefits and potential rewards that participants can gain. By showcasing these appealing aspects, you’ll capture the interest of your audience and motivate them to get involved. This is where your creativity comes into play—craft your explanation to be not just informative but also engaging and persuasive.
Additionally, providing a quick guide on the airdrop procedure can serve as a handy reference for users. This guide should be concise yet comprehensive, offering a step-by-step overview that readers can easily follow. Think of it as a quick-start guide that simplifies the entire process, making it accessible to everyone.
To make your post even more effective, consider using visuals. Visual aids can greatly enhance the clarity of your explanation and boost engagement. Use only materials from Kava and Kinetix official sources to ensure accuracy and consistency in your presentation. Visuals can help break down complex information into more digestible parts, making your post more appealing and easier to understand.
Participants will receive 50 points for submitting a valid Maxy Post or X Thread. However, the top 5 submissions with the most engagement and the most creative use of visuals will earn up to 1000 points and a 0.1 reputation boost.
Get ready to dive into the world of Kinetix Finance, create engaging content, and earn points and a reputation boost while spreading the word about this exciting airdrop! This is your chance to showcase your creativity and help others benefit from the opportunities Kinetix Finance offers.