LIVEMetaverseJR
@MetaverseJR
A small investor in the cryptocurrency market.
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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.
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.
Another day, another ETF rumor. Looks like we're aging faster than approvals are coming! 🧓💼 #cryptolife #Ethereum_ETFs_Expected_Date
$MATIC $WAXP #TON
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.
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.
LIVEDAO Labs
--
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.
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
$ETH
$BNB
CPI data has been released. An interest rate cut in September is seen as certain. #CPI_BTC_Watch
LIVEMetaverseJR
--
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.
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.
LIVEjiahjee
--
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 $EGLD present a compelling investment opportunity. With advanced technology, a dedicated team, and strong market fit, MultiversX is well-equipped to support the future of digital ecosystems and the metaverse. As always, potential investors should conduct their due diligence and consider the risks involved.
Inspiration for Picking MultiversX ($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
"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
LIVEDAO Labs
--
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.
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 👇
Definitely a must-read 👇
LIVEEngrSamest
--
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
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.
LIVEDAO Labs
--
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.
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.
#Write2Earn!
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.
#Write2Earn!
A Digital Dragon in the Digital Age: DAO Dragon
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.
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. 👇
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. 👇
LIVEMetaverseJR
--
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, 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
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
$AVAX
LIVE
TopCryptoNews
--
🔥 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.
$XRP $AVAX $LDO
🔸 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.
$XRP $AVAX $LDO
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. 👇
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. 👇
LIVEDAO Labs
--
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.
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.
Here's another fun @DAO Labs #SocialMining task for blockchain enthusiasts.
Let's celebrate Houdini Swap's integration into the #KAVA ecosystem with a fun social mining task. It's time to get creative and earn $KAVA tokens on #KavaHub
The deadline for participation is June 30th, hurry up!
Let's celebrate Houdini Swap's integration into the #KAVA ecosystem with a fun social mining task. It's time to get creative and earn $KAVA tokens on #KavaHub
The deadline for participation is June 30th, hurry up!
LIVEDAO Labs
--
Engage with Houdini Swap: Post and Meme!
Hello, ' Kava Hubbers! Today marks a significant milestone as we welcome Houdini Swap to the prestigious ecosystem. Houdini Swap revolutionizes cross-chain functionality by enabling seamless swaps and transfers of cryptocurrencies such as , , and between the Kava Chain and other networks.
To celebrate this integration, we invite you to participate in a professional and rewarding task that highlights your creativity and engagement.
First, create an X post about Houdini Swap. Explain what Houdini Swap is and how it benefits the Kava ecosystem. If you don't have a blue tick, consider making a thread of at least three posts to ensure comprehensive coverage.
Ensure your post is both creative and informative. Additionally, attach a funny meme to your X post. The meme should humorously illustrate the advantages of using Houdini Swap on the Kava Chain.
There are exciting rewards for your efforts. The top five most engaging and funniest meme posts can earn up to 800 points and a 0.05 reputation boost. Even valid posts can earn you up to 50 points, depending on the level of engagement they generate.
Finally, don't forget to share the link to your X post that includes your meme about Houdini Swap. This step is crucial for tracking participation and ensuring you receive the appropriate rewards.
Get ready to dive into the world of Houdini Swap, showcase your creativity, and earn points and a reputation boost in the process!
To celebrate this integration, we invite you to participate in a professional and rewarding task that highlights your creativity and engagement.
First, create an X post about Houdini Swap. Explain what Houdini Swap is and how it benefits the Kava ecosystem. If you don't have a blue tick, consider making a thread of at least three posts to ensure comprehensive coverage.
Ensure your post is both creative and informative. Additionally, attach a funny meme to your X post. The meme should humorously illustrate the advantages of using Houdini Swap on the Kava Chain.
There are exciting rewards for your efforts. The top five most engaging and funniest meme posts can earn up to 800 points and a 0.05 reputation boost. Even valid posts can earn you up to 50 points, depending on the level of engagement they generate.
Finally, don't forget to share the link to your X post that includes your meme about Houdini Swap. This step is crucial for tracking participation and ensuring you receive the appropriate rewards.
Get ready to dive into the world of Houdini Swap, showcase your creativity, and earn points and a reputation boost in the process!
We're seeing a little bit more green today, don't you think? I was very convinced this week that we were completely out of the bull market. I thank all the market makers for making small investors like me happy once in a while. But there is one thing they forgot.
I take profits when the market is down because I convert the points I earn from @DAO Labs #SocialMining Hubs into tokens at lower costs.
$MATIC , $AVAX , $WAXP and $KAVA, the conversion was successful. But since $TON is still on the rise, I didn't touch my points. When my cost was 2$, I didn't want to convert at this price 😉
I take profits when the market is down because I convert the points I earn from @DAO Labs #SocialMining Hubs into tokens at lower costs.
$MATIC , $AVAX , $WAXP and $KAVA, the conversion was successful. But since $TON is still on the rise, I didn't touch my points. When my cost was 2$, I didn't want to convert at this price 😉
LIVEDAO Labs
--
Bear Market Brings Joy to Social Miners: A Personal Success Story
Over the last week, cryptocurrency prices have fallen for dozens of reasons, such as profit realisations, low expectations, and the summer recession in the crypto market. There are dull days ahead for cryptocurrency enthusiasts. So, have the falling cryptocurrency prices affected the miners who have gained $MATIC , $AVAX , $KAVA , #WAX , and #TON by participating in @DAO Labs ' #SocialMining activities?
Of course, they were impressed too!
With the points they have obtained from awareness activities, they can now swap almost 2 times more tokens!
Please, the token holders, don't be mad at me.
However, social miners can make more profitable swaps during such down periods because they mine tokens with their labor.
If you ask veteran social miners, they can tell many fireside stories about the excellent bear season earnings!
I want to show you the proof of what I have written.
Today, I have 3264 points on @Polygon Hub.
I also had 3200 points last December, and I converted my points to MATIC tokens at the marketplace. Then, MATIC price was $0.90, and I was able to get 35 MATIC with my 3200 points.
Today, I'm also converting MATIC of 3200 points.
Look, you can see it below. I was able to get 55 MATICs with my 3200 points.
I will soon have another 55 MATIC coins in my wallet. It was a good trade. Right?
Of course, they were impressed too!
With the points they have obtained from awareness activities, they can now swap almost 2 times more tokens!
Please, the token holders, don't be mad at me.
However, social miners can make more profitable swaps during such down periods because they mine tokens with their labor.
If you ask veteran social miners, they can tell many fireside stories about the excellent bear season earnings!
I want to show you the proof of what I have written.
Today, I have 3264 points on @Polygon Hub.
I also had 3200 points last December, and I converted my points to MATIC tokens at the marketplace. Then, MATIC price was $0.90, and I was able to get 35 MATIC with my 3200 points.
Today, I'm also converting MATIC of 3200 points.
Look, you can see it below. I was able to get 55 MATICs with my 3200 points.
I will soon have another 55 MATIC coins in my wallet. It was a good trade. Right?
My Goal is the Grand Finale in DAO Labs Super Smash Miner Melee: Here's My Journey
@DAO Labs ' best social miners face off in a #SmashMiner showdown. In this challenge, we showcase all the skills we've acquired on our journey through #TheDAOLabs ' #SocialMining galaxy.
In my first article, I mentioned that I have been social mining for many years and that it has given me a lot in every sense. Today, I will try to show you how I have had the opportunity to improve my skills by giving examples from Smash Miner tasks.
Super Smash Miner Melee is a challenge event consisting of 5 stages where the top 32 social miners compete in an elimination format until the finale.
I- Our first task was to create a Telegram Sticker set... (https://x.com/MetaverseJR/status/1793363202623119488)
If you are part of any project's telegram chat group, you have seen that besides emojis, they also share important features of that project or the most used words of the communities in the form of stickers. Sometimes these stickers say much more than words.
With this in mind, I created 5 animated and 8 static stickers. For the static stickers, I chose a mix of DAO Labs' brand colors and used the most used sayings, especially in the social mining community. For the animated stickers;
DAO Labs Social Mining Galaxy,New task announcement,Engagement (Support),SMotH.
I focused topics. I think that these 4 topics, especially for animated emojis, reflect the social mining community as a whole. Because we at DAO Labs make significant contributions to blockchain projects in the social mining galaxy, helping them grow their communities and reach more blockchain enthusiasts. We complete carefully crafted tasks for each project and share them on social media. We always support each other and encourage new social miners, and every Friday at SMotH we introduce our rising stars to our social mining community and let them share their achievements and experiences with us.
Also, although it may look like a simple sticker task from the outside, we need to get to know the community first, and of course to be able to use the appropriate program to create these stickers. I made a very difficult choice and tried to make these animated stickers with After Effect. I think I reflected what I wanted to say, I just couldn't make the backgrounds transparent due to my hardware deficiencies. That was my evil eye. But now I know how to make video, gif or intro style works with After Effect, or rather how to make moving videos more remarkable. As you can see, thanks to this task, I used a new program and improved myself. You will see more clearly how I improved in the next task.
II- My second task was to write an article on Binance Square, CMC Community, Medium, Quora or Reddit based on the quote "Social Mining can make a difference!" and support this article with the visuals we prepared. (https://x.com/MetaverseJR/status/1795567108710952984)
Until now, I've been publishing all my articles on Medium, but this time I wanted to do something difficult and published it on Binance Square. This was my first article.
While getting to know the platform, I tried to understand what kind of content other content creators were sharing and what they were paying attention to. I got lost in an incredible sea of content on Binance Square. From influencers to news sites, many publishers shared their views on the latest crypto news and trends. As a blockchain enthusiast myself, I thought that if I'm going to continue to share my future articles and views on trends here, I should first talk about myself and what I do.
When I said "I am a social miner", people had different definitions in their minds. Therefore, starting from the definition of Social Mining, I explained which are the active Social Mining Hubs, the importance of our roles we determine during the registration phase and how our roles change in the following periods, that is, how we develop personally and what kind of content we produce while experiencing this development. I also talked about how we earn points depending on the quality of our content while supporting projects, which modules we use to increase these points and how we act during the payment request phase.
If you carefully examine the X (Twitter) links I've included in this article, you'll notice they form a complementary chain. You'll see how I learned new things while creating each task's content, then built upon that knowledge in subsequent tasks, and how I connected the topics. This is the skill that DAO Labs social mining has instilled in me...
So, I took the opportunity to show these achievements on Binance Squared and introduced myself and my business to you. My goal here is to get the verified influencer label and reach more blockchain enthusiasts. I will continue to move forward carefully and confidently.
III- The third task was to choose one of the Polygon, Kava or WAX projects and prepare an infographic about an important news or update about the project. (https://x.com/MetaverseJR/status/1800059679390711873)
For this task, I decided to create an infographic about " #Polygon | $MATIC Aggregated Blockchains". I think I was luckier than my other friends in this regard, because a few days before this task was published, I tried to explain the relationship between #AggLayer, #PessimisticProof and #ZKProof in a 3sec video meme in its simplest form. This infography task was an opportunity to further elaborate on what I tried to explain in the video meme and to provide a better understanding of the subject.
Infographics is one of my favorite design tasks. That's why I spend more time on it. I deepened my research on the topic and determined the content of the infographic. Then I started to plan the brand color, background and layout that I would use in the design. After completing all these steps, I published my content.
I shared the infographic I prepared with X maxipost. In this work, I tried to draw attention to the scalability problem of Web3 and emphasize the importance of Aggregated Blockchains, AggLayer, Smart Contracts and ZK Technology for the future of Web3.
I must have done this last task well, because I made it to the semi-finals. But my goal is always to provide you with quality and understandable content. I hope that in this article I was able to show you that social mining is not only a side business model, but also an opportunity for self-development.
If you are looking for a place to advance your goals and add value in every sense, we welcome you to explore the social mining galaxy.
In my first article, I mentioned that I have been social mining for many years and that it has given me a lot in every sense. Today, I will try to show you how I have had the opportunity to improve my skills by giving examples from Smash Miner tasks.
Super Smash Miner Melee is a challenge event consisting of 5 stages where the top 32 social miners compete in an elimination format until the finale.
I- Our first task was to create a Telegram Sticker set... (https://x.com/MetaverseJR/status/1793363202623119488)
If you are part of any project's telegram chat group, you have seen that besides emojis, they also share important features of that project or the most used words of the communities in the form of stickers. Sometimes these stickers say much more than words.
With this in mind, I created 5 animated and 8 static stickers. For the static stickers, I chose a mix of DAO Labs' brand colors and used the most used sayings, especially in the social mining community. For the animated stickers;
DAO Labs Social Mining Galaxy,New task announcement,Engagement (Support),SMotH.
I focused topics. I think that these 4 topics, especially for animated emojis, reflect the social mining community as a whole. Because we at DAO Labs make significant contributions to blockchain projects in the social mining galaxy, helping them grow their communities and reach more blockchain enthusiasts. We complete carefully crafted tasks for each project and share them on social media. We always support each other and encourage new social miners, and every Friday at SMotH we introduce our rising stars to our social mining community and let them share their achievements and experiences with us.
Also, although it may look like a simple sticker task from the outside, we need to get to know the community first, and of course to be able to use the appropriate program to create these stickers. I made a very difficult choice and tried to make these animated stickers with After Effect. I think I reflected what I wanted to say, I just couldn't make the backgrounds transparent due to my hardware deficiencies. That was my evil eye. But now I know how to make video, gif or intro style works with After Effect, or rather how to make moving videos more remarkable. As you can see, thanks to this task, I used a new program and improved myself. You will see more clearly how I improved in the next task.
II- My second task was to write an article on Binance Square, CMC Community, Medium, Quora or Reddit based on the quote "Social Mining can make a difference!" and support this article with the visuals we prepared. (https://x.com/MetaverseJR/status/1795567108710952984)
Until now, I've been publishing all my articles on Medium, but this time I wanted to do something difficult and published it on Binance Square. This was my first article.
While getting to know the platform, I tried to understand what kind of content other content creators were sharing and what they were paying attention to. I got lost in an incredible sea of content on Binance Square. From influencers to news sites, many publishers shared their views on the latest crypto news and trends. As a blockchain enthusiast myself, I thought that if I'm going to continue to share my future articles and views on trends here, I should first talk about myself and what I do.
When I said "I am a social miner", people had different definitions in their minds. Therefore, starting from the definition of Social Mining, I explained which are the active Social Mining Hubs, the importance of our roles we determine during the registration phase and how our roles change in the following periods, that is, how we develop personally and what kind of content we produce while experiencing this development. I also talked about how we earn points depending on the quality of our content while supporting projects, which modules we use to increase these points and how we act during the payment request phase.
If you carefully examine the X (Twitter) links I've included in this article, you'll notice they form a complementary chain. You'll see how I learned new things while creating each task's content, then built upon that knowledge in subsequent tasks, and how I connected the topics. This is the skill that DAO Labs social mining has instilled in me...
So, I took the opportunity to show these achievements on Binance Squared and introduced myself and my business to you. My goal here is to get the verified influencer label and reach more blockchain enthusiasts. I will continue to move forward carefully and confidently.
III- The third task was to choose one of the Polygon, Kava or WAX projects and prepare an infographic about an important news or update about the project. (https://x.com/MetaverseJR/status/1800059679390711873)
For this task, I decided to create an infographic about " #Polygon | $MATIC Aggregated Blockchains". I think I was luckier than my other friends in this regard, because a few days before this task was published, I tried to explain the relationship between #AggLayer, #PessimisticProof and #ZKProof in a 3sec video meme in its simplest form. This infography task was an opportunity to further elaborate on what I tried to explain in the video meme and to provide a better understanding of the subject.
Infographics is one of my favorite design tasks. That's why I spend more time on it. I deepened my research on the topic and determined the content of the infographic. Then I started to plan the brand color, background and layout that I would use in the design. After completing all these steps, I published my content.
I shared the infographic I prepared with X maxipost. In this work, I tried to draw attention to the scalability problem of Web3 and emphasize the importance of Aggregated Blockchains, AggLayer, Smart Contracts and ZK Technology for the future of Web3.
I must have done this last task well, because I made it to the semi-finals. But my goal is always to provide you with quality and understandable content. I hope that in this article I was able to show you that social mining is not only a side business model, but also an opportunity for self-development.
If you are looking for a place to advance your goals and add value in every sense, we welcome you to explore the social mining galaxy.
DAO Labs #SocialMining is crucial in ecosystems where decentralized projects are community-managed and decisions are made democratically. The #FIT21 legislation supports this principle by encouraging community governance instead of centralized authorities. This shift allows projects to operate more equitably and transparently. #DaoLabs has therefore been aligned with this legislation since its inception.
It is also important that the $TON Foundation has endorsed this law and #TCHub TON is making remarkable progress in the #Web3 space. Community engagement and decentralization are fundamental to its success.
It is also important that the $TON Foundation has endorsed this law and #TCHub TON is making remarkable progress in the #Web3 space. Community engagement and decentralization are fundamental to its success.
LIVEDAO Labs
--
What FIT21 Means for the Future of Decentralization
On May 22, 2024, the U.S. House of Representatives passed the Financial Innovation and Technology for the 21st Century Act (FIT21), a new bipartisan framework for the digital asset ecosystem. This act establishes federal requirements for digital asset markets and clarifies what constitutes ‘decentralization’ in blockchain technology.
The Five-Prong Decentralization Test
FIT21 introduces a 'five-prong decentralization test' to determine if a blockchain can be considered decentralized. Here’s what the test entails:
1. No Bosses: Over the past year, no single person or group should control the blockchain or its governance. The blockchain must be permissionless, allowing anyone to use, earn, or transfer digital tokens, create apps, participate in governance, and operate nodes or servers without restrictions.
2. No Big Owners: No individual or group should own or control more than 20% of tokens or governance votes in the past year.
3. No Major Changes Without Users' Agreement: In the past three months, the blockchain's code must have remained stable unless changes were made for bug fixes, security improvements, regular maintenance, or community-approved updates.
4. No Investment Pitch: Tokens must not have been promoted to the public as a profit-earning opportunity in the past three months. This includes avoiding promotions paid to influencers.
5. Tokens Created Fairly: Over the past year, all new tokens must be created by users through smart contracts, not artificially minted by the issuer.
FIT21's comprehensive approach to defining decentralization ensures that blockchains maintain integrity and openness. The act promotes a genuinely decentralised ecosystem by preventing single entities from exerting undue influence. This fosters innovation, inclusivity, and trust among users, aligning with the core principles envisioned by blockchain pioneers like Satoshi Nakamoto.
The 5 principles described above are the basic principles that always considers in its work. It is gratifying that the Blockchain Foundation and support the law. FIT 21 contains basic definitions that will be considered the beginning of regulations related to crypto assets.
The Five-Prong Decentralization Test
FIT21 introduces a 'five-prong decentralization test' to determine if a blockchain can be considered decentralized. Here’s what the test entails:
1. No Bosses: Over the past year, no single person or group should control the blockchain or its governance. The blockchain must be permissionless, allowing anyone to use, earn, or transfer digital tokens, create apps, participate in governance, and operate nodes or servers without restrictions.
2. No Big Owners: No individual or group should own or control more than 20% of tokens or governance votes in the past year.
3. No Major Changes Without Users' Agreement: In the past three months, the blockchain's code must have remained stable unless changes were made for bug fixes, security improvements, regular maintenance, or community-approved updates.
4. No Investment Pitch: Tokens must not have been promoted to the public as a profit-earning opportunity in the past three months. This includes avoiding promotions paid to influencers.
5. Tokens Created Fairly: Over the past year, all new tokens must be created by users through smart contracts, not artificially minted by the issuer.
FIT21's comprehensive approach to defining decentralization ensures that blockchains maintain integrity and openness. The act promotes a genuinely decentralised ecosystem by preventing single entities from exerting undue influence. This fosters innovation, inclusivity, and trust among users, aligning with the core principles envisioned by blockchain pioneers like Satoshi Nakamoto.
The 5 principles described above are the basic principles that always considers in its work. It is gratifying that the Blockchain Foundation and support the law. FIT 21 contains basic definitions that will be considered the beginning of regulations related to crypto assets.
All cryptocurrency traders are in shock these days. All altcoins have been devastated by the impact of $BTC . Our investments are melting day by day. Unfortunately, the situation is even worse if we haven't kept #USDT on the sidelines for such drops.
Fortunately, social miners like Victoria continue to earn even in these times. #DaoLabs #SocialMining Hubs reward them with project tokens for every contribution to their projects.
So how does Victoria Flores do it?
Fortunately, social miners like Victoria continue to earn even in these times. #DaoLabs #SocialMining Hubs reward them with project tokens for every contribution to their projects.
So how does Victoria Flores do it?
LIVEDAO Labs
--
Victoria Flores: A Beacon of Passion in DAOVERSE
This article was inspired by the story of SMOTH's latest guest, Victoria Flores.
DAOVERSE, ' hub, is home to blockchain enthusiasts from all corners of the world.
They share a common belief in blockchain technology and cryptocurrency, creating a colorful, energetic, and loving environment in a mosaic of different races, religions, languages, and cultures from different continents around the world.
This beautiful community, brought together by a passion for blockchain, supports DAO Labs' idea of social mining and works with the community to raise awareness in the Social Mining Hubs of DAO Labs projects. Project teams support Social Miners' work with token rewards. social miners earn $TONs for their labor. miners earn , and #KavaHub miners earn . Hub earns for their awareness work, and members receive $WAXP.
Social miners are rewarded on , DAO Labs' Hub for their work in $USDT because DAOVERSE's token has not yet been minted.
Before I introduce Victoria, who inspired this article, I would like to introduce you to a weekly event that miners are eagerly awaiting. In the social event, which we call SMotH for short, we learn the social mining story of a successful miner who adds value to the community with her contributions, the adventure that brought her to our community, and her advice to social miners. Amara is hosting this event, which miners are eagerly awaiting. She has an infectious cheerfulness. It's really hard to be sad around her. Her positive energy puts her guests at ease and adds a special color to the conversation with her jokes.
Now I'd like to introduce the star of my article.
Victoria Flores! Every miner in our community has a unique story. But some of us are really like rare flowers.
Our Victoria Flores is one of those rare flowers. She joins the community from South America. Venezuelan Victoria. And she has all the warmth and sparkle of the tropics. She lights up the group.
A hardworking, intelligent, and determined personality with a big heart defines our tropical Latin American flower. Victoria, who joined our telegram group with a DAO Labs tweet she stumbled upon on Twitter; and then realized that she was born as a social miner and took her place in the community, is getting stronger every day by improving her mining skills. As an administrative assistant for many years, Victoria's motivation stems from her passion for social mining.
One of the most important reasons for its development is its unconditional support to the miners in its community. She has benefited from all the blessings of working together while supporting her community.
Victoria advises new social miners to stay persistent, put love into their work, and constantly learn.
Victoria Flores' story inspires all aspiring social miners, exemplifying the impact of passion, commitment, and community support in Social Mining.
Let's take a look at what this dedicated Venezuelan miner has achieved in her work, which is more focused on learning.
For a closer look into Victoria Flores's life, please read the conversation article compiled by Amara on our blog.
https://www.daolabs.com/posts/the-roaring-kitty-of-social-mining
If you're curious about Victoria, I'm willing to bet you'll see her on the DAO Labs Global Telegram either supporting a fellow miner or sharing a message asking her friends to support her new tweet...
https://t.me/DaoLabs
DAOVERSE, ' hub, is home to blockchain enthusiasts from all corners of the world.
They share a common belief in blockchain technology and cryptocurrency, creating a colorful, energetic, and loving environment in a mosaic of different races, religions, languages, and cultures from different continents around the world.
This beautiful community, brought together by a passion for blockchain, supports DAO Labs' idea of social mining and works with the community to raise awareness in the Social Mining Hubs of DAO Labs projects. Project teams support Social Miners' work with token rewards. social miners earn $TONs for their labor. miners earn , and #KavaHub miners earn . Hub earns for their awareness work, and members receive $WAXP.
Social miners are rewarded on , DAO Labs' Hub for their work in $USDT because DAOVERSE's token has not yet been minted.
Before I introduce Victoria, who inspired this article, I would like to introduce you to a weekly event that miners are eagerly awaiting. In the social event, which we call SMotH for short, we learn the social mining story of a successful miner who adds value to the community with her contributions, the adventure that brought her to our community, and her advice to social miners. Amara is hosting this event, which miners are eagerly awaiting. She has an infectious cheerfulness. It's really hard to be sad around her. Her positive energy puts her guests at ease and adds a special color to the conversation with her jokes.
Now I'd like to introduce the star of my article.
Victoria Flores! Every miner in our community has a unique story. But some of us are really like rare flowers.
Our Victoria Flores is one of those rare flowers. She joins the community from South America. Venezuelan Victoria. And she has all the warmth and sparkle of the tropics. She lights up the group.
A hardworking, intelligent, and determined personality with a big heart defines our tropical Latin American flower. Victoria, who joined our telegram group with a DAO Labs tweet she stumbled upon on Twitter; and then realized that she was born as a social miner and took her place in the community, is getting stronger every day by improving her mining skills. As an administrative assistant for many years, Victoria's motivation stems from her passion for social mining.
One of the most important reasons for its development is its unconditional support to the miners in its community. She has benefited from all the blessings of working together while supporting her community.
Victoria advises new social miners to stay persistent, put love into their work, and constantly learn.
Victoria Flores' story inspires all aspiring social miners, exemplifying the impact of passion, commitment, and community support in Social Mining.
Let's take a look at what this dedicated Venezuelan miner has achieved in her work, which is more focused on learning.
For a closer look into Victoria Flores's life, please read the conversation article compiled by Amara on our blog.
https://www.daolabs.com/posts/the-roaring-kitty-of-social-mining
If you're curious about Victoria, I'm willing to bet you'll see her on the DAO Labs Global Telegram either supporting a fellow miner or sharing a message asking her friends to support her new tweet...
https://t.me/DaoLabs
The Epicenter of Social Mining: DAO Labs
I- What is Social Mining?
#SocialMining is an innovative system that rewards users and strengthens communities by actively contributing to blockchain projects.
The success of successful projects such as Bitcoin and #Ethereum is not limited to the contributions of miners, but also to technical development, business development, marketing and community building. However, there has always been a lack of a mechanism to reward such contributions. Social Mining exists to fill this gap.
II-Overview of Social Mining Platforms
The Social Mining SaaS developed by DAO Labs is compatible with various blockchain infrastructures, allowing users to actively participate in crypto projects and contribute by generating content. #TheDAOLabs social mining galaxy includes social mining hubs for DAOVERSE, Avalanche, Polygon, Kava, WAX and TON projects. Anyone can register in these HUBs. After linking your social media accounts with the platform, you can immediately start social mining and earning points.
III-The Importance of Role in Social Mining
Social Mining enables projects to better engage with and grow their communities. People from different professions in each country strive to contribute to the projects' objectives. However, it is very important that they identify their main area of expertise in the role questionnaire they fill in when registering for Social Mining centers. And why?
Because the role you define allows you to see some or all of the published tasks. It would not be the right move to choose a role for which you do not have the competence to see all tasks. Because these roles are approved by managers after the necessary checks are made.
Also, once you start social mining, there is no way you can stand still. You will always want to do better and be better. How?
IV-Roles Evolving on Your Social Mining Journey
You may not know much about the cryptocurrency market and blockchain technologies, and you may even rarely use social media. It doesn't matter at all. I was in this situation when I first started, that's why the first role I defined was "Blockchain Enthusiast".
In the future, you will do more research and learn more and more things through the tasks you will do. Then you will be able to write articles. In this case, you can update your role to "Article Writer".
In fact, after a while, you will start to realize that the tweets you tweet and the articles you publish can't go beyond a text file and you will start to wonder “would it be better with visual content, would it attract more attention?”. That's when you will start designing visuals and even want to make your article more interesting with short infographics . That's when you can update your role to "Graphic Designer".
See, you've already gained a lot from social mining. So why not do more. And please remember that it is entirely up to you. Now is the time to answer the question “is it OK or not?”.
If your answer is “yes”, thank you for having the patience to read this article up to this point. But if your answer is “continue”, then let's move on to the next topic of interest.
V-What Kind of Content Do Social Miners Produce?
A social miner's job is to contribute positively to all projects and communitys. This can be either by tweeting/commenting or by providing much more detailed and visually enriched content than the tasks published in social mining hubs.
Social miners can't give investment advice, on the contrary, they should accurately inform the community about projects and developments... (You don't even have to go into technical details if it's not your specialty.) Through this information, project updates reach many more people and the project community is encouraged to support the project even more. Because social mining is all about encouraging the community to make valuable contributions to the project and rewarding them for it. I also think that the consciousness of a project community is a supportive factor in guiding new community members. It shows that they value and own the project.
VI-What Points Sources Do Social Miners Use?
The Social Mining platform can be customized according to the wishes of each project. I will tell you about the sources of points that I am currently actively using. In the table below, you can also see the available sources of points based on Social Mining Hubs.
Twitter and the Task module are actively used in all existing social mining hubs. In addition, the Reddit module is also used on demand.
As an experienced miner with more than five years of social mining experience, I can tell you how these modules work as follows:
Twitter Module:
When you register at the Social Mining hubs, you need to connect your X account. Once this connection is established, you start following the project's official X account and interacting with the posts. Each project has a weekly limit of RTs and tweets. You can RT within these limits and tweet using specified hashtags and mentions. After regular scans, the platform scores the interactions your posts receive and reflects them in your platform account.
Task Module:
Most of the tasks in social mining centers are published publicly. However, specific tasks can also be published according to the needs of projects or the competencies of social miners. These tasks can only be seen by people who have reached the specified role or reputation level.
In the available task details, information about the purpose of the task, how and what kind of content you are asked to publish, when the task will be closed, etc. and the rules you must follow are written.
After publishing your tweet, maxipost, thread or article by taking all the warnings into account, you submit your link in the relevant task detail for review.
Some time after the task participation period expires, all content is reviewed by the project validators and the relevant points are reflected in the users' accounts after the evaluations are completed according to the scales determined for that task.
Reddit Module:
This module works in the same way as the TwitterX module. After connecting your Reddit account to the platform, you should follow the project's official subreddit account and then start interacting with it. Here, too, there are weekly limits and keywords that should be used. There is also information about which subreddits you can publish posts in. In order not to get your Reddit account banned, it is better to post as much as possible in the relevant subreddits that allow you to post or in the specified subreddits.
VII-When can I convert my earned points into USDT/Project tokens?
You can convert all your earned points into USDT weekly on the DAOVERSE platform, and into project tokens monthly on the Avalanche Hub $AVAX , Polygon Hub , KAVA Hub , WAX Hub and TC Hub #TON platforms and request them to your Metamask wallet address.
I am also attaching the table of my earnings from social mining hubs below for my friends who are curious.
I would like to remind you that these earnings are not income from a full-time job. It is my total earnings based on the time I can spare depending on my daily life. But you can also consider me as a small investor apart from my social miner identity. Because I hold a large part of this income that I get from my contribution to projects for the bull market.
If you want to invest in DAOVERSE, AVALANCHE, POLYGON, KAVA, WAX, TON and other upcoming projects but can't provide liquidity, if now is not the right time to start social mining, when is? Maybe I still haven't convinced you. Then you should definitely read The DAO Labs 2023 Review. In the final part of this article, there are important tips on many topics including platform developments. For example, you might want to read more carefully the paragraph of little tips about “Launchpad Prospects”.
I think I got your attention even more now😇 I don't know the details yet, but I can imagine that social miners might have some advantages.
As you can see, social mining not only allows you to contribute to projects and earn rewards in return, but also gives you the opportunity to develop your own knowledge and skills and even invest in projects. So, become a SocMin and explore the Social Mining Galaxy and its benefits with us...
#EarnFreeCrypto2024
#SocialMining is an innovative system that rewards users and strengthens communities by actively contributing to blockchain projects.
The success of successful projects such as Bitcoin and #Ethereum is not limited to the contributions of miners, but also to technical development, business development, marketing and community building. However, there has always been a lack of a mechanism to reward such contributions. Social Mining exists to fill this gap.
II-Overview of Social Mining Platforms
The Social Mining SaaS developed by DAO Labs is compatible with various blockchain infrastructures, allowing users to actively participate in crypto projects and contribute by generating content. #TheDAOLabs social mining galaxy includes social mining hubs for DAOVERSE, Avalanche, Polygon, Kava, WAX and TON projects. Anyone can register in these HUBs. After linking your social media accounts with the platform, you can immediately start social mining and earning points.
III-The Importance of Role in Social Mining
Social Mining enables projects to better engage with and grow their communities. People from different professions in each country strive to contribute to the projects' objectives. However, it is very important that they identify their main area of expertise in the role questionnaire they fill in when registering for Social Mining centers. And why?
Because the role you define allows you to see some or all of the published tasks. It would not be the right move to choose a role for which you do not have the competence to see all tasks. Because these roles are approved by managers after the necessary checks are made.
Also, once you start social mining, there is no way you can stand still. You will always want to do better and be better. How?
IV-Roles Evolving on Your Social Mining Journey
You may not know much about the cryptocurrency market and blockchain technologies, and you may even rarely use social media. It doesn't matter at all. I was in this situation when I first started, that's why the first role I defined was "Blockchain Enthusiast".
In the future, you will do more research and learn more and more things through the tasks you will do. Then you will be able to write articles. In this case, you can update your role to "Article Writer".
In fact, after a while, you will start to realize that the tweets you tweet and the articles you publish can't go beyond a text file and you will start to wonder “would it be better with visual content, would it attract more attention?”. That's when you will start designing visuals and even want to make your article more interesting with short infographics . That's when you can update your role to "Graphic Designer".
See, you've already gained a lot from social mining. So why not do more. And please remember that it is entirely up to you. Now is the time to answer the question “is it OK or not?”.
If your answer is “yes”, thank you for having the patience to read this article up to this point. But if your answer is “continue”, then let's move on to the next topic of interest.
V-What Kind of Content Do Social Miners Produce?
A social miner's job is to contribute positively to all projects and communitys. This can be either by tweeting/commenting or by providing much more detailed and visually enriched content than the tasks published in social mining hubs.
Social miners can't give investment advice, on the contrary, they should accurately inform the community about projects and developments... (You don't even have to go into technical details if it's not your specialty.) Through this information, project updates reach many more people and the project community is encouraged to support the project even more. Because social mining is all about encouraging the community to make valuable contributions to the project and rewarding them for it. I also think that the consciousness of a project community is a supportive factor in guiding new community members. It shows that they value and own the project.
VI-What Points Sources Do Social Miners Use?
The Social Mining platform can be customized according to the wishes of each project. I will tell you about the sources of points that I am currently actively using. In the table below, you can also see the available sources of points based on Social Mining Hubs.
Twitter and the Task module are actively used in all existing social mining hubs. In addition, the Reddit module is also used on demand.
As an experienced miner with more than five years of social mining experience, I can tell you how these modules work as follows:
Twitter Module:
When you register at the Social Mining hubs, you need to connect your X account. Once this connection is established, you start following the project's official X account and interacting with the posts. Each project has a weekly limit of RTs and tweets. You can RT within these limits and tweet using specified hashtags and mentions. After regular scans, the platform scores the interactions your posts receive and reflects them in your platform account.
Task Module:
Most of the tasks in social mining centers are published publicly. However, specific tasks can also be published according to the needs of projects or the competencies of social miners. These tasks can only be seen by people who have reached the specified role or reputation level.
In the available task details, information about the purpose of the task, how and what kind of content you are asked to publish, when the task will be closed, etc. and the rules you must follow are written.
After publishing your tweet, maxipost, thread or article by taking all the warnings into account, you submit your link in the relevant task detail for review.
Some time after the task participation period expires, all content is reviewed by the project validators and the relevant points are reflected in the users' accounts after the evaluations are completed according to the scales determined for that task.
Reddit Module:
This module works in the same way as the TwitterX module. After connecting your Reddit account to the platform, you should follow the project's official subreddit account and then start interacting with it. Here, too, there are weekly limits and keywords that should be used. There is also information about which subreddits you can publish posts in. In order not to get your Reddit account banned, it is better to post as much as possible in the relevant subreddits that allow you to post or in the specified subreddits.
VII-When can I convert my earned points into USDT/Project tokens?
You can convert all your earned points into USDT weekly on the DAOVERSE platform, and into project tokens monthly on the Avalanche Hub $AVAX , Polygon Hub , KAVA Hub , WAX Hub and TC Hub #TON platforms and request them to your Metamask wallet address.
I am also attaching the table of my earnings from social mining hubs below for my friends who are curious.
I would like to remind you that these earnings are not income from a full-time job. It is my total earnings based on the time I can spare depending on my daily life. But you can also consider me as a small investor apart from my social miner identity. Because I hold a large part of this income that I get from my contribution to projects for the bull market.
If you want to invest in DAOVERSE, AVALANCHE, POLYGON, KAVA, WAX, TON and other upcoming projects but can't provide liquidity, if now is not the right time to start social mining, when is? Maybe I still haven't convinced you. Then you should definitely read The DAO Labs 2023 Review. In the final part of this article, there are important tips on many topics including platform developments. For example, you might want to read more carefully the paragraph of little tips about “Launchpad Prospects”.
I think I got your attention even more now😇 I don't know the details yet, but I can imagine that social miners might have some advantages.
As you can see, social mining not only allows you to contribute to projects and earn rewards in return, but also gives you the opportunity to develop your own knowledge and skills and even invest in projects. So, become a SocMin and explore the Social Mining Galaxy and its benefits with us...
#EarnFreeCrypto2024
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