Cryptocurrency trading can be a rewarding and exciting activity for those who are interested in the blockchain and cryptocurrency industry. However, it can also be a risky endeavor if proper risk management is not exercised. In this article, we will provide some tips on how to make a successful cryptocurrency trade while also managing your risks effectively.

1. Conduct thorough research before making a trade

One of the most important things to do before making any cryptocurrency trade is to conduct thorough research. This includes researching the cryptocurrency you plan to trade, the market trends, and the platform you plan to use for trading. By doing so, you will have a better understanding of the cryptocurrency's value, its potential for growth or decline, and the platform's features and fees.

2. Set clear trading goals

Before you start trading, it's important to set clear goals. This includes determining the amount of money you are willing to invest, the amount of profit you want to make, and the amount of risk you are willing to take. Having clear goals in mind will help you stay focused and make better trading decisions.

3. Use stop-loss orders

A stop-loss order is an automatic order that will sell your cryptocurrency if its value falls to a certain level. This helps you limit your losses in case the cryptocurrency's value drops unexpectedly. It's important to set the stop-loss order at a level that allows for some fluctuation in the value of the cryptocurrency while also providing a safety net in case of a sudden drop in value.

4. Use dollar-cost averaging

Dollar-cost averaging is a strategy that involves investing a fixed amount of money in a cryptocurrency at regular intervals, regardless of the cryptocurrency's current value. This helps to reduce the risk of investing all your money at once, as well as allowing you to take advantage of market fluctuations and potentially buy more cryptocurrency at a lower price.

5. Diversify your portfolio

Diversification is an important strategy in any investment, including cryptocurrency. By diversifying your portfolio, you reduce the risk of losing all your money if one cryptocurrency performs poorly. You can diversify your portfolio by investing in different cryptocurrencies or by investing in other assets, such as stocks or real estate.

6. Stay up-to-date with news and market trends

Staying up-to-date with news and market trends is crucial in the cryptocurrency industry. This includes keeping an eye on cryptocurrency-related news, such as regulatory changes, and market trends, such as the performance of different cryptocurrencies. By doing so, you can make informed decisions about when to buy or sell your cryptocurrency.

7. Only invest what you can afford to lose

Perhaps the most important tip for cryptocurrency trading is to only invest what you can afford to lose. Cryptocurrency is a highly volatile market, and there is always a risk of losing your investment. Therefore, it's important to invest only money that you can afford to lose without impacting your financial stability.

In conclusion, making successful cryptocurrency trades while exercising proper risk management requires careful planning, research, and discipline. By setting clear trading goals, using stop-loss orders, diversifying your portfolio, and staying up-to-date with news and market trends, you can increase your chances of making profitable trades while minimizing your risk. Additionally, it's important to remember to only invest what you can afford to lose and to never invest money that you need for your daily expenses or financial stability.

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Web 3 Payment Solution, PIP Button Launches To Enhance Simple Blockchain Payments For Content Creators

Solana-based payment solution, PIP Button announced its launch introducing one of the simplest and most effective ways for users to monetize their content and receive payments via blockchain technology. Announced Monday, June 20, 2022, the payment solution will require no coding to integrate into websites and third-party apps, helping everyone integrate blockchain payment systems and monetize content frictionlessly. 

The payment solution leverages blockchain technology to ease payment processes for content creators while offering a privacy-enhanced and secure solution that enables millions of users to pay for creative content. The PIP Button payment solution aims to transform the content creator economy by offering a faster, cheaper, and more efficient payment system by integrating major blockchains. Creators and service owners can incorporate the PIP button into their website - or third-party platform where they share creations - and unlock an extra revenue stream.

According to the team, the payment solution “will be as easy as making a new WordPress post or posting a new image/video to Instagram”, whereby users and content creators will only need to plug and play to start paying for their favourite content and receive seamless payments instantly. 

For users, they will be able to pay for unique content or goods by simply clicking a button, which boosts the adoption of blockchain and crypto as a global payment solution. Notwithstanding, the platform protects the users’ data by giving them full ownership and control over their data, which gives them the freedom to pay as they want. 

On the other hand, content creators can benefit tremendously from integrating additional payment methods without coding knowledge. The PIP button is an open system removing the need for signups and accounts, creating a frictionless solution. Furthermore, they can customize the PIP Button to their liking, ensuring it goes well with their branding, overlays, or stands more to draw attention to it. 

The Solana-based product will support Solana-based tokens and transactions including $SOL , $USDC, the native $PIP token, $SERUM, $ORCA, $KIN, and $RAY etc. Users and content creators will need to set up a wallet through Phantom Wallet or Slope Wallet to receive tokens as payment for creative content. 

Apart from the ease of installation, PIP Button will also provide a channel for users to tip and incentivize their favourite content creators. 

Finally, the PIP Button team aims to simplify the Web 3 payment systems completely by offering a full suite of product payments including social media channels. On launch, the users can create a PIP tag that will represent their wallet enabling them to share their payment channel (kind of like the Cash App tag) on social media including Twitter, facebook, Reddit, Discord and Twitch.

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This is not investment advice or advertising. I just want to tell you about a strong project that I have followed and liked for a long time.

The Web3 industry, also known as the decentralized web or the blockchain industry, has experienced tremendous growth and innovation over the past few years. The industry is built on the principles of decentralization, trust, and transparency, using blockchain technology to enable new business models and services that are secure, efficient, and cost-effective.

One of the most significant developments in the Web3 industry is the emergence of decentralized finance (DeFi) applications. DeFi has grown exponentially in the past year, with the total value locked in DeFi protocols reaching an all-time high of over $200 billion in early 2022. DeFi applications allow users to access financial services such as lending, borrowing, and trading without intermediaries such as banks, enabling faster and cheaper transactions.

Another trend in the Web3 industry is the emergence of non-fungible tokens (NFTs). NFTs are unique digital assets that can be bought, sold, and traded on blockchain networks, and have exploded in popularity in recent years, with high-profile sales of NFT art, collectibles, and other unique assets. NFTs have also shown potential for use cases in areas such as gaming, music, and sports.

Web3 networks such as Ethereum, Polkadot, and Cardano have continued to develop and expand, with new features and upgrades to improve performance and scalability. For example, Ethereum has been working on its Ethereum 2.0 upgrade, which will improve the network's speed and efficiency while reducing energy consumption. Polkadot has introduced new features such as parachains, which allow for greater interoperability and scalability, while Cardano has been developing its smart contract functionality.

In addition to these developments, the Web3 industry has seen increased regulatory scrutiny, with governments and regulators around the world looking to establish frameworks for blockchain-based activities. While regulation can help promote innovation and growth in the industry, it can also introduce challenges for Web3 companies seeking to navigate complex legal frameworks.

Overall, the Web3 industry is experiencing rapid growth and innovation, with new applications and use cases emerging every day. As the industry continues to mature and evolve, it will be essential to balance innovation and growth with regulatory compliance and responsible development to ensure the long-term sustainability and success of the Web3 ecosystem.

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What is Web3 and about Web3 Hong Kong

In the ever-evolving digital landscape, Web3 has emerged as a groundbreaking concept that promises to revolutionize the way we interact with the internet. Hong Kong, a global financial hub and technological powerhouse, is embracing Web3 and its potential to reshape the digital landscape. In this comprehensive article, we will explore the concept of Web3, its key features, and delve into how Hong Kong is harnessing its power to lead the way in the Web3 revolution.

Understanding Web3

Web3, also known as Web 3.0, represents the next phase of the internet. Unlike its predecessors, Web3 aims to decentralize the internet, putting users back in control of their data, enhancing privacy, and enabling peer-to-peer interactions. At its core, Web3 leverages blockchain technology, cryptography, and smart contracts to create trustless and transparent systems.

Key Features of Web3

Web3 seeks to eliminate centralized intermediaries and empower individuals by leveraging decentralized networks, such as blockchain. This allows for direct peer-to-peer interactions and eliminates the need for intermediaries, leading to greater autonomy and transparency.

Blockchain Technology: Blockchain serves as the foundation of Web3, providing immutability, transparency, and security. It enables the creation of decentralized applications (dApps) and facilitates peer-to-peer transactions with programmable money.

Smart Contracts: Web3 relies on smart contracts, self-executing agreements stored on the blockchain, to automate and enforce the terms of transactions. Smart contracts eliminate the need for traditional legal frameworks and intermediaries, enabling seamless and efficient interactions.

Web3 in Hong Kong (1,200 words) Hong Kong, with its vibrant financial ecosystem and tech-savvy population, has embraced Web3 with enthusiasm. The city has witnessed a surge in blockchain-based projects, decentralized finance (DeFi) initiatives, and crypto-related businesses. Here are some key developments in Hong Kong's Web3 landscape:

Government Support: The Hong Kong government has recognized the potential of Web3 and blockchain technology. It has initiated various programs and initiatives to promote innovation, research, and development in the field. The government's support creates an enabling environment for startups and entrepreneurs to explore Web3 solutions.

Blockchain Applications: Various industries in Hong Kong are exploring the potential of blockchain-powered Web3 applications. Supply chain management systems are being developed to enhance transparency and traceability. Real estate companies are leveraging blockchain for property transactions, digitizing land records, and simplifying the buying and selling process.

Financial Services and DeFi: Hong Kong's financial institutions are exploring the integration of Web3 technologies to enhance efficiency, reduce costs, and offer innovative financial services. The rise of decentralized finance (DeFi) platforms has garnered significant interest, allowing individuals to access financial services without traditional intermediaries.

Crypto Exchanges and Services: Hong Kong is home to several cryptocurrency exchanges and service providers, catering to the growing demand for crypto-related services. These platforms enable users to trade digital assets, access decentralized finance protocols, and participate in the emerging Web3 ecosystem.

Education and Research: Hong Kong's universities and research institutions are actively engaged in blockchain and Web3 research. Academic programs and courses are being offered to equip students with the necessary skills and knowledge to thrive in the Web3 era.

Community and Events: Hong Kong boasts a vibrant blockchain and Web3 community, with regular meetups, conferences, and hackathons. These events foster collaboration among industry players, entrepreneurs, and enthusiasts, facilitating knowledge sharing and driving innovation.

The Future of Web3 in Hong Kong

As Web3 continues to gain momentum, its impact on Hong Kong's digital landscape will be profound. The city's strategic location, financial expertise, and technological infrastructure position it as a regional hub for Web3 innovation. With government support, a thriving ecosystem, and a tech-savvy population

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As the world transitions to a more decentralized web, there are several important developments in the Web3 industry that brands should be aware of to stay relevant and competitive. Let's take a look at some of the key trends and developments in the Web3 industry and how brands are keeping up.

1. NFTs: Non-fungible tokens (NFTs) are a new type of digital asset that have taken the art and collectibles world by storm. These tokens allow creators to sell their unique digital creations and authenticate ownership using blockchain technology. Brands like Nike and Louis Vuitton have already explored the potential of NFTs by launching limited edition sneakers and fashion items as NFTs. Other brands are also experimenting with NFTs to create unique digital experiences for their customers.

2. Metaverse: The metaverse is a term used to describe a virtual world where users can interact with each other and digital objects in real time. With the rise of Web3, the metaverse is becoming a reality, and brands are taking notice. Fashion brands like Gucci and Balenciaga have already hosted virtual fashion shows in the metaverse, and gaming companies are building metaverse environments for their users to explore. In the future, the metaverse could become a key marketing platform for brands to connect with their audiences in a new and immersive way.

3. DAOs: Decentralized autonomous organizations (DAOs) are a new type of organization that operate on the blockchain. DAOs are run by a community of stakeholders who make decisions together using a decentralized governance model. Brands are beginning to experiment with DAOs as a way to involve their customers in decision-making and incentivize community participation. For example, luxury brand Prada has launched a DAO to allow its customers to vote on new products and initiatives.

4. Web3 wallets: Web3 wallets are digital wallets that allow users to securely store and manage their digital assets, including cryptocurrencies, NFTs, and other Web3 tokens. As more people adopt Web3 technologies, brands will need to integrate with these wallets to offer their customers seamless access to digital assets. For example, luxury watchmaker Hublot has partnered with a Web3 wallet provider to offer customers the ability to authenticate ownership of their limited edition watches using NFTs.

5. Privacy and data ownership: With the rise of Web3, users are increasingly concerned about their privacy and data ownership. Brands that prioritize data privacy and ownership will be more attractive to consumers who value these principles. In addition, blockchain technology offers new possibilities for data ownership and monetization. Brands that embrace these possibilities and empower their users to own and profit from their data will be at a competitive advantage in the Web3 world.

In conclusion, the Web3 industry is rapidly evolving, and brands that keep up with these developments will be better positioned to thrive in the new decentralized web. By embracing NFTs, the metaverse, DAOs, Web3 wallets, and data ownership, brands can offer their customers new and innovative experiences that connect them to the Web3 world in a meaningful way.

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What Is Casper (CSPR)?

Launched on mainnet on March 30, 2021, Casper is the first live proof-of-stake (PoS) blockchain built off the Casper CBC specification. The Casper platform is designed to boost the adoption of blockchain technology, smart contracts, and DApps on a global scale.

With its future-proof architecture, Casper is designed to ensure the platform is continually developed according to the evolving needs of its users, and that it’s maximally accessible to developers of all backgrounds. As per the official whitepaper, Casper is optimized to suit both enterprise and developer needs. Casper’s mission is to usher in a new era for Web3, as demand for intuitive, interconnected services continues to grow across the board. Casper does so by solving the adoption trilemma: offering enterprise-grade security, scalability and decentralization all within the same blockchain protocol.

Who Are the Founders of Casper?

### Medha Parlikar, Co-Founder and CTO

Medha is one of the co-founders of CasperLabs and serves as its CTO. She started working with technology in the early 80’s, building computers in her basement. Since then, she has spent the past two decades delivering production SaaS software for major corporations such as Adobe, Omniture, and Avalara. In addition to her technical proficiencies, Medha’s strengths include building high functioning technical teams and inspiring them to deliver solutions that solve customer problems.

Mrinal Manohar, Co-Founder and CEO

Mrinal has an extensive career as both a computer programmer and a finance professional. Before founding Casper, Mrinal was a Principal and the Technology/Media/Telecom Sector Head at Sagard Capital, a Private Equity Associate at Bain Capital, and an Associate Consultant at Bain & Company. In addition to his professional contributions to the blockchain industry, Mrinal has been personally investing in the sector since 2012 as a seed investor in Ethereum, Blockstack, Basis, Maker, Filecoin, and more.

What Makes Casper Unique?

Casper is a unique utilization of blockchain technology and the proof-of-stake (PoS) consensus method. Because of its completely decentralized approach, the network is extremely versatile in terms of use cases. Not only that, Casper boasts a future-proof design, with upgradeable smart contracts and predictable gas fees for transactions. Additionally, Casper is introducing a new standard for blockchain energy consumption, and is 136,000% more energy-efficient than Bitcoin.

The innovative Correct-by-Construction (CBC) Casper specification is a remarkable feature of the network. This specification allows for the rapid adoption of blockchain services on all enterprise levels. By relying on the PoS consensus, Casper ensures scalability and database management solutions. Casper and the CSPR token are the result of years of research by CasperLabs.

Further, CasperLabs exists to provide enterprise-level services and support for organizations building on the Casper Network, similar to how Red Hat supports organizations building within the Linux ecosystem. Thanks to the team’s unique experience running services at enterprise software organizations like Adobe, Avalara and Google, CasperLabs is uniquely poised to elevate Casper as the de facto blockchain for the growing number of enterprise organizations that want to build in Web3 environments, but require more dedicated levels of support than are possible from open-source, decentralized projects.

How Many Casper Coins (CSPR) Are There in Circulation?

The initial circulating supply of CSPR breaks down as follows:

400M CSPR released from the freely traded tranche of Casper’s Public Sale on Coinlist.

Approximately 183M CSPR provided as liquidity to exchanges

The portion of seigniorage estimated to be allocated to the released tokens above to date. This number updates in real time as seigniorage is issued.

Additional tranches of CSPR are held by various ecosystem participants, including Validator Node operators, the Casper Foundation, the Team and Advisors, the DAO in charge of Developer Incentives and CasperLabs AG, as shown in the chart below.

.

How Is the Casper Network Secured?

The Casper Network relies on a PoS consensus mechanism for its network security. PoS depends on token staking to select node validators, which allows the consensus to be extremely versatile and scalable. Unlike the proof-of-work (PoW) consensus used by the Bitcoin blockchain, PoS does not require huge amounts of electrical or computing power to perform validations and to add new blocks to the chain.

Casper also employs the Correct-by-Construction (CBC) Casper specification, which utilizes an upgraded approach to Byzantine Fault Tolerance (BFT) applications. Casper’s enterprise-grade architecture has completed multiple security audits, most recently with Trail of Bits in January 2021, which found zero high severity results and confirmed that Casper “showed proper use of security hygiene.”

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What Is Convex Finance (CVX)?

Convex Finance is a DeFi protocol that allows Curve liquidity providers to earn a share of trading fees on Curve without staking liquidity there. Instead, LPs can stake with Convex and receive boosted CRV and liquidity mining rewards. This provides CRV stakers with better capital efficiency and positions Convex Finance as an important player in the Curve wars.

Convex has entered a competitive race to obtain as much control as possible of the Curve Finance stablecoin exchange. The more CRV tokens a protocol has, the more influence it has over interest rates on Curve, which is the largest DEX in the world by TVL. Consequently, the “Curve wars” are an ongoing race for influence over what is probably the most important protocol in DeFi.

Who Are the Founders of Convex Finance?

Convex Finance was developed by a team of anonymous developers. However, unlike many shitcoins, Convex Finance is considered one of the most important and influential protocols in decentralized finance and thus a fairly low-risk investment.

What Makes Convex Finance Unique?

Convex Finance plays a key role in the Curve wars thanks to its unique incentive structure. Its sole use case is to accumulate as much TVL as possible to achieve the protocol’s goal of controlling as big a stake of Curve Finance as it can. In other words, Convex Finance targets only CRV holders and Curve liquidity providers and does so in two ways:

CRV holders receive cvxCRV for staking the CRV.

Curve LPs receive boosted rewards for staking their LP tokens with Convex.

Curve Finance issues veCRV (vote-escrowed CRV) for staked CRV that liquidity providers receive as a reward. In short, veCRV are time-locked CRV tokens with boosted voting power and rewards, which are both a function of the lock-up period of the underlying CRV. You can read more about veCRV here. CRV rewards can go as high as 2.5X of the initial rewards, but the higher the liquidity deposited, the more difficult it is to attain the maximum rewards.

Put differently, it is nearly impossible for any one party to stake enough liquidity to attain the maximum boost, which is where Convex Finance comes in. Convex acts as a cartel that pools the assets of individual stakers and benefits from their aggregated liquidity. Even low-level investors can stake their Curve Finance LPs with Convex and receive boosted rewards that would otherwise not be attainable. They receive:

The interest rate on their provided liquidity.

A share of the Curve trading fees.

The boosted rewards from Convex.

CVX tokens

Furthermore, you can stake your CRV tokens and receive cvxCRV to receive:

veCRV rewards

Convex trading fees

CVX tokens

Airdrops going to veCRV token holders

#Binance #BTC #crypto2023 #bykaranteli

What Is eCash (XEC)?

eCash (XEC) is the rebranded version of Bitcoin Cash ABC (BCHA), itself a fork of Bitcoin (BTC) and Bitcoin Cash (BCH). It calls itself a “cryptocurrency that’s designed to be used as electronic cash.” eCash strictly aims to be a means of transaction used to pay for goods and services. The coin was rebranded on July 1, 2021, and has since tried to distinguish itself from its predecessor. The base units of eCash are called “bits” and replace the unwieldy decimal places of Bitcoin Cash ABC. Instead of sending 0.00001000 BTC, you would send 10 bits with eCash. ECash integrates a proof-of-stake (PoS) consensus layer called “Avalanche,” which is not to be mistaken for the blockchain Avalanche (AVAX). Upon rebranding, eCash announced that it would convert all BCHA coins to XEC at a ratio of one to one million.

The cryptocurrency’s developers have set their sights on three main improvements:

Scaling transaction throughput from 100 transactions per second to more than five million transactions per second

Improving the payment experience by reducing transaction finality time

Extending the protocol and establishing fork-free upgrades

Who Are the Founders of eCash?

eCash (XEC) is led by its lead developer Amaury Sechet, who was the lead developer of Bitcoin Cash (BCH) and forked that blockchain to establish the predecessor of eCash, Bitcoin Cash ABC (BCHA). That fork happened on November 15, 2020. Sechet then decided to rebrand Bitcoin Cash ABC to establish a new brand identity for eCash, explaining that a reduction of decimal places would help with the adoption of the coin:

“No other money has eight decimal places. Why should crypto? Cryptocurrencies with a lower unit price also enjoy higher bull market appreciation. Because the eCash team is incentivized by both tech and price improvement, this improvement was a no-brainer.”

Sechet was highly active in the development of Bitcoin Cash, leading its initial fork away from Bitcoin in August 2017, its continuation after Bitcoin SV (BSV) was forked from it in November 2018, and its most recent fork from Bitcoin Cash in November 2020. Before his involvement in cryptocurrencies, he was a software engineer at Facebook and a lead developer at Stupid D Compiler.

What Makes eCash Unique?

The developers of eCash (XEC) intend the coin to support Ethereum Virtual Machine (EVM)-compatibility and to be interoperable with the decentralized finance (DeFi) sector on Ethereum (ETH). For the coin to become successful, eCash’s developers intend to fulfill five core missions:

Ensuring anonymous transactions

Ensuring the immutability of transactions

Guaranteeing that transactions remain almost free

Enforcing globally secure transactions with a finality of fewer than three seconds

Designing the coin’s infrastructure as a public good, funded via its social contract

To achieve this, the developers of eCash have laid out an ambitious roadmap, with plans to have:

Canonical transaction ordering to enable scalable block processing

Schnorr Signatures to enable batched signature validation

Faster block propagation through graphene or other

UTXO commitment with blockchain pruning and faster initial sync

Merklix-Meta Tree to enable scalable block processing

Adaptive block sizes to support market-driven growth to 1TB blocks

These highly ambitious solutions would propel eCash to 50 transactions per user per day for up to 10 billion users.

#Binance #BTC #crypto2023 #dyor #bykaranteli

Worldcoin, a new cryptocurrency project that has gained significant attention and momentum, has recently received a warning from Vitalik Buterin, the co-founder of Ethereum and a prominent figure in the blockchain industry. In a series of tweets, Vitalik highlighted four potential dangerous situations that Worldcoin should be wary of as it progresses in its development and implementation.

1.      Centralization Concerns:

Vitalik expressed concerns over potential centralization within Worldcoin's network. Centralization refers to a situation where a significant portion of the network's control and decision-making power is concentrated in the hands of a few entities or individuals. This could result in a lack of transparency, governance issues, and vulnerability to attacks or manipulations.

2.      Security and Privacy Risks:

Worldcoin's design and architecture should prioritize security and privacy. Vitalik warned that any compromise in these aspects could lead to vulnerabilities that malicious actors may exploit. As the project aims to revolutionize the digital identity space, safeguarding user data and information is of utmost importance.

3.      Economic Incentive Structure:

A robust economic incentive structure is crucial for the success of any blockchain project. Vitalik urged Worldcoin to carefully design its tokenomics and economic model to ensure that participants are incentivized to act in the best interest of the network's long-term sustainability and growth.

4.      Avoiding Hype and Speculation:

Vitalik emphasized the importance of Worldcoin avoiding excessive hype and speculative trading activity. Uncontrolled hype can lead to irrational price movements and a disconnect from the project's fundamentals. It is essential for the team and community to focus on delivering value and tangible use cases rather than solely relying on market sentiment.

Vitalik's warning serves as a valuable reminder for the Worldcoin team and the broader cryptocurrency community. Building a successful and sustainable blockchain project requires a careful balance of technical excellence, community engagement, and adherence to decentralized principles.

As Worldcoin continues its journey, it should take heed of Vitalik's advice and engage in open dialogue with the community to address any concerns and ensure a transparent development process. By maintaining a strong focus on decentralization, security, economic incentives, and responsible communication, Worldcoin can work towards becoming a pioneering project in the digital identity space while mitigating potential risks.

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What Is Sui (SUI)?

Sui is a first-of-its-kind Layer 1 blockchain and smart contract platform designed from the bottom up to make digital asset ownership fast, private, secure, and accessible to everyone. Its object-centric model, based on the Move programming language, enables parallel execution, sub-second finality, and rich on-chain assets. With horizontally scalable processing and storage, Sui supports a wide range of applications with unrivaled speed at low cost. Sui is a step-function advancement in blockchain and a platform on which creators and developers can build amazing, user-friendly experiences.

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What Is Kava (KAVA)?

Kava is a Layer-1 blockchain that combines the speed and interoperability of Cosmos with the developer power of Ethereum.

Kava was built from the ground up to optimize its resources for protocol growth, strengthened by its Cosmos EVM technology that enables maximum scalability, speed, security, and developer support.

Builders on Kava earn a share of Kava Rise's $750M developer incentive fund via the program's blockchain-based distribution method, designed to reward the top protocols every month based on usage.

Who Are the Founders of Kava?

Kava has always put security and decentralization first. Today, the Kava blockchain ecosystem is developed by over 100 application protocol teams (and counting), and is supported by over 100 infrastructure teams.

The Kava ecosystem is supported by multiple independent international Foundations which are responsible for allocating protocol-level funding to grantees with the purpose of supporting the health and continued development of decentralized networks and systems.

What Makes Kava Unique?

Seamless Interoperability: Kava provides seamless interoperability between Cosmos and the Ethereum Virtual Machine (EVM) to enable developers to build in whichever environment they want without sacrificing access to users and assets.

Protocol Growth: The on-chain incentive program, Kava Rise, ensures that the best builders in the Ethereum and Cosmos ecosystems are properly rewarded for driving growth on Kava.

Optimized Scalability: Kava’s architecture enables the free flow of users, assets, and projects between Kava and the industry's most prominent ecosystems at scale, all powered by the lightning-fast Tendermint Core consensus engine.

Cross-chain Interoperability: Kava’s unique co-chain architecture enables seamless asset transfers and interactions between the Ethereum and Cosmos ecosystems, unlocking new opportunities and broadening access for developers and users alike.

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What is RNDR?

RenderToken (RNDR) is a distributed GPU rendering network built on top of the Ethereum blockchain, aiming to connect artists and studios in need of GPU compute power with mining partners willing to rent their GPU capabilities out. Conceived in 2009 by OTOY, inc. CEO Jules Urbach and launched in 2017, RNDR held its first public token sale in October of that same year, followed by a private sale period lasting from January 2018 – May 2018, wherein a total of 117,843,239 RNDR were sold at a price of 1 RNDR = $0.25 USD equivalent of token. During the private sale period, early adopters were onboarded onto the RNDR Beta Testnet, where beta node operators and artists worked collaboratively with the RNDR team in building and testing the network, up until its public launch on April 27th 2020.

About RNDR

Backed by parent company OTOY, the RNDR team is based out of Los Angeles, with team members throughout the world. The RNDR advisory board boasts industry leaders such as Ari Emanuel (Co-Founder and Co-CEO, WME), JJ Abrams (Chairman and CEO, Bad Robot Productions) and Brendan Eich (Founder and CEO, Brave Software and BAT), who have all advised RNDR in various capacities in bridging the gap between creating a system that appeals to both cryptocurrency communities and Hollywood studio production pipelines.

#bykaranteli #Binance

Worldcoin (WLD), a promising new cryptocurrency, has recently been listed on Binance, one of the world's largest and most renowned cryptocurrency exchanges. As the crypto community eagerly anticipates its market performance, let's take a closer look at what Worldcoin is, its potential, and how investors can buy this exciting digital asset.

What is Worldcoin (WLD)?

Worldcoin (WLD) is a decentralized digital currency that aims to become the universal basic income (UBI) of the future. The project is built on the Ethereum blockchain and seeks to address the issues of wealth inequality and financial inclusion across the globe. With a vision to empower individuals from all walks of life, Worldcoin intends to provide every person on Earth with an equal and unconditional distribution of its tokens.

How does Worldcoin Work?

Worldcoin's distribution model is unique and groundbreaking. Unlike traditional cryptocurrencies that require mining or staking, Worldcoin's tokens are distributed through a democratic process called "Universal Basic Income on the Blockchain." The project aims to distribute tokens to every person on the planet, creating a globally inclusive financial sys tem.

Every eligible individual can claim their share of Worldcoin tokens simply by verifying their identity and providing a valid government-issued ID. The distribution mechanism is designed to ensure that no individual can claim multiple times, preventing any form of abuse or exploitation.

The First Price Action on Binance:

With its recent listing on Binance, one of the most prominent cryptocurrency exchanges in the world, Worldcoin has experienced a surge of interest and excitement in the crypto community. The listing has provided an opportunity for investors to access and trade WLD tokens on a reputable and secure platform, further fueling the market's enthusiasm.

As with any new listing, the initial price action for Worldcoin has been closely monitored by traders and enthusiasts alike. The excitement surrounding this digital asset has led to significant trading volumes and price fluctuations, creating an engaging atmosphere for crypto enthusiasts.

How to Buy Worldcoin (WLD)?

Investors looking to buy Worldcoin can do so by following these simple steps:

Register on Binance: If you are not already a user, sign up for a Binance account and complete the necessary verification procedures.

Deposit Funds: Deposit funds into your Binance account using supported cryptocurrencies or fiat currencies.

Locate WLD Trading Pair: On the Binance platform, search for the WLD trading pair, which is typically denoted as WLD/USDT or WLD/BTC.

Place an Order: Enter the amount of WLD you wish to purchase and place a buy order at the desired price.

Safely Store Your WLD: Once your order is executed, transfer your newly acquired WLD tokens to a secure cryptocurrency wallet to ensure their safety.

Worldcoin's listing on Binance marks an exciting milestone for the project and the wider crypto community. With its unique approach to wealth distribution and the goal of providing universal basic income, Worldcoin has garnered significant attention and support.

As the project continues to gain traction, investors and enthusiasts can expect further developments and price action to unfold. It's important to conduct thorough research and due diligence before investing in any cryptocurrency, including Worldcoin. As with all investments, understanding the project's fundamentals, its team, and its long-term vision are essential in making informed decisions.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. Cryptocurrency investments carry inherent risks, and readers are encouraged to conduct their research and consult with a financial advisor before making any investment decisions.

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What Is Enjin Coin (ENJ)?

Enjin Coin is a project of Enjin, a company that provides an ecosystem of interconnected, blockchain-based gaming products. Enjin's flagship offering is the Enjin Network, a social gaming platform through which users can create websites and clans, chat, and host virtual item stores.

Enjin allows game developers to tokenize in-game items on the Ethereum blockchain. It uses Enjin Coin, an ERC-20 token, to back the digital assets issued using its platform, meaning that items can be bought, sold and traded with real-world value.

Enjin Coin was first announced in July 2017, and it launched on the Ethereum mainnet in June 2018.

Enjin Coin (ENJ) is a digital store of value used to back the value of blockchain assets like non-fungible tokens (NFTs). Every asset minted with the Enjin Platform contains ENJ, a minting resource which is locked inside NFTs and removed from circulation. Minting blockchain assets with ENJ provides a variety of benefits to creators and users:

Infuses them with a reserve value

Ensures their transparency and scarcity

Gives them instant liquidity

Provides utility in games and apps

Anti-inflationary

Enjin's "melting" functionality allows users to destroy their blockchain assets at any time to retrieve the ENJ value from within.

The Enjin blockchain ecosystem aims to offer software products that make it easy for everyone to develop, trade, monetize, and market with blockchain.

Founded in 2009, Enjin has roots in the gaming industry, with the company’s first product, a gaming community platform called the Enjin Network, growing to 20 million users over the course of a decade.

In 2017 following an ICO, Enjin established itself as a leading blockchain ecosystem developer, building a suite of software products that enable anyone to easily mint, manage, trade, distribute, and integrate blockchain assets.

Enjin’s co-founder Witek Radomski wrote the code for one of the first ever non-fungible tokens (NFTs) and is also the co-author of the ERC-1155 Ethereum token standard.

Built on top of an on-chain infrastructure, the Enjin ecosystem enables game developers and businesses of all sizes to use tokenized digital assets as part of their acquisition, retention, engagement, and monetization strategies. The Enjin ecosystem is fueled by Enjin Coin (ENJ), a cryptocurrency used to back the value of blockchain assets.

Who Are the Founders of Enjin Coin?

Enjin was founded as a gaming community platform in 2009 by Maxim Blagov and Witek Radomski, with Blagov becoming CEO and assuming responsibility for the creative direction of the company and Radomski serving as chief technical officer, responsible for the technical development of its products. Blagov has described himself as having experience in creative direction, marketing, and software project management and design.

The idea of introducing blockchain to Enjin was first proposed by Radomski after he became interested in Bitcoin (BTC) in 2012, eventually convincing the company to accept it as a payment option. After learning about Ethereum and smart contracts, he decided he wanted to create his own blockchain-integrated software. Radomski is also the author of the ERC-1155 token standard, a new standard for Ethereum-issued tokens that was introduced in June 2018, finalized in June 2019, and is used for minting both fungible and nonfungible tokens.

What Makes Enjin Coin Unique?

According to co-founder Radomski, Enjin Coin is unique in that every token minted with Enjin Platform, the company's blockchain asset development platform that launched in February 2020, is directly backed by ENJ, giving in-game items real-world liquidity. Similarly, Blagov has stated that the company is focused on adoption, saying he imagines a future in which millions of gamers use digital items backed by Enjin Coin without even knowing it exists.

Enjin Coin uses a series of smart contracts to which game developers send ENJ to mint new, unique fungible or nonfungible ERC-1155 tokens. These tokens can be traded on the Enjin Marketplace, which launched in September 2019, or exchanged for their backing ENJ at any time. As more custom tokens are minted, more ENJ is removed from the ecosystem, thus making it scarcer.

According to its whitepaper, Enjin Coin uses a series of both on-chain and off-chain processes. When a transaction is completed within the Enjin ecosystem, a Trusted Platform contacts the users' smart wallets, and the website or game is updated immediately with a placeholder or nontradable version of the digital item until the transaction has been validated by the Ethereum blockchain.

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Following LTC’s price dip from the $102 price zone, it found support at the $85 support level. From 20 April to 5 May, it ranged between the $85 support level and $91 resistance level before selling pressure took price to the key $80 level.

On the daily timeframe, the $80 level remained significant for bulls with a bullish order block lying just above the support level. Bearish momentum also waned around the $80 level and bulls rallied to keep the price just above the $80 level.

On-chart indicators supported the likelihood of a bullish reversal. The Relative Strength Indicator (RSI) hovered over the neutral 50 mark after a strong push from the oversold zone. The On Balance Volume (OBV) also recorded a decent uptick and the Chaikin Money Flow (CMF) showed more funds flowing into LTC with a reading of 0.1.

As such, a rebound is likely if bulls can successfully defend the $80 level with a strong four-hour candle close above the support level. If BTC continues its short-term attempt to reclaim $29k, this could see LTC rally to $91 again.

Alternatively, bears could make another effort at cracking the $80 level. A successful attempt could see more aggressive selling towards March lows of $65.

According to Coinglass, LTC’s open interest rates oscillated between the $311M – $320M range over the past 24 hours. At press time, the OI stood at $319M–expressing modest bullish sentiment around the $80 level in the futures market.

Similarly, the LTC long/short ratio revealed long positions had a slight 50.07% advantage. Although the spread was little, buyers could attempt to use this as a springboard for short-term gains.

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Litecoin, one of the leading cryptocurrencies in the world, has experienced several halving events since its inception in 2011. The most recent Litecoin halving event occurred on August 5, 2019, and it has already had a significant impact on the cryptocurrency industry.

Halving events in cryptocurrencies like Litecoin are significant because they directly affect the supply and demand of the currency. Halving is a process that occurs after every 840,000 blocks have been mined on the Litecoin blockchain. When this happens, the reward that miners receive for verifying transactions on the blockchain is cut in half. The current block reward for Litecoin is 12.5 LTC, and it was reduced to 6.25 LTC after the most recent halving event.

The primary purpose of halving is to limit the total supply of Litecoin that can ever be created. There are a total of 84 million Litecoin that can be mined, and halving events help to ensure that the coin's value remains stable over time by reducing the rate at which new coins are added to the market. This means that Litecoin's inflation rate will decrease over time, making it a more attractive investment for long-term holders.

Halving events have historically been associated with significant price increases for Litecoin. In the months leading up to the most recent halving event, Litecoin's price increased by more than 300%. This surge in price was driven by increased demand for the currency, as investors sought to capitalize on the reduced supply of new coins entering the market.

After the halving event, Litecoin's price initially fell by around 30%, which was not unexpected given the surge in price leading up to the event. However, the price of Litecoin has since stabilized, and it is currently trading at around $300 per coin. While this is still a far cry from Litecoin's all-time high of nearly $400, it is still a significant increase from where the coin was trading before the halving event.

It is important to note that halving events are not the only factor that can influence the price of cryptocurrencies like Litecoin. Other factors such as overall market sentiment, regulatory changes, and advancements in technology can also have a significant impact on the value of these coins. However, halving events remain an important milestone for cryptocurrencies, and they are closely watched by investors and industry insiders alike.

In conclusion, the Litecoin halving event that occurred in August 2019 has had a significant impact on the cryptocurrency industry. The reduction in the block reward has helped to limit the total supply of Litecoin, making it a more attractive investment for long-term holders. While the price of Litecoin initially fell after the halving event, it has since stabilized and is currently trading at around $300 per coin. Halving events will continue to be an important milestone for cryptocurrencies, and they will be closely watched by investors and industry insiders alike.

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