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Top 10 Popular Crypto Coin Development Companies in 2023The world of cryptocurrencies has gained significant traction in recent years, and the demand for crypto coin development services has soared. As the crypto market continues to expand, numerous companies have emerged, offering innovative solutions and cutting-edge technologies to create and develop cryptocurrencies. In this blog post, we will explore the top 10 popular crypto coin development companies in 2023, highlighting their unique features and contributions to the crypto industry. 1. INORU INORU is a renowned crypto coin development company that has been at the forefront of the industry for several years. With a team of skilled developers and blockchain experts, INORU offers end-to-end cryptocurrency development services, including smart contract development, token creation, and wallet integration. Their extensive experience in the field and commitment to delivering high-quality solutions have earned them a reputation as a trusted crypto coin development company. INORU’s team of experts employs advanced technologies and industry best practices to create secure, scalable, and feature-rich cryptocurrencies. They offer customizable solutions that cater to the unique needs of their clients, ensuring that the developed coins align with their business objectives. INORU’s comprehensive approach to crypto coin development covers all aspects, from conceptualization to deployment, making them a preferred choice for businesses seeking reliable and robust cryptocurrency solutions. 2. AppDupe AppDupe is a leading provider of crypto coin development services, known for its innovative approach and customizable solutions. The company offers a comprehensive range of services, including token creation, ICO development, and cryptocurrency exchange development. AppDupe’s team of experienced developers leverages the latest technologies to build secure and scalable blockchain solutions tailored to the unique requirements of their clients. AppDupe’s strength lies in its ability to deliver turnkey solutions that are ready to launch in the market. Their extensive experience in the crypto industry allows them to anticipate market trends and incorporate essential features into their solutions. Whether it’s creating utility tokens, security tokens, or stablecoins, AppDupe ensures compliance with regulatory standards and provides seamless integration with blockchain networks. Their commitment to delivering high-quality products and exceptional customer service has established them as a trusted partner for crypto coin development. 3. Blockchain App Factory Blockchain App Factory is a globally recognized crypto coin development company that specializes in creating blockchain-based solutions. Their team of experts offers services such as token creation, smart contract development, and white label exchange development. Blockchain App Factory is known for its focus on security, scalability, and usability, ensuring that their clients receive top-notch solutions that drive success in the crypto market. Blockchain App Factory understands the importance of security in the crypto industry and employs robust measures to safeguard the developed coins from potential threats. They also prioritize scalability to ensure that the cryptocurrencies can handle high transaction volumes without compromising performance. Additionally, their user-centric approach ensures that the developed coins are intuitive and easy to use, enhancing user adoption and engagement. With their expertise in blockchain technology and commitment to delivering excellence, Blockchain App Factory has earned a solid reputation as a leading crypto coin development company. 4. Infinite Block Tech Infinite Block Tech is a leading crypto coin development company that has garnered a reputation for its expertise in blockchain technology and cryptocurrency solutions. They provide a wide array of services, including token development, ICO launch, and decentralized exchange development. Infinite Block Tech stands out for its commitment to delivering innovative and customizable solutions that cater to the diverse needs of their clients. One of Infinite Block Tech’s key strengths lies in their ability to develop unique and feature-rich tokens that align with their clients’ business models. Whether it’s utility tokens, security tokens, or non-fungible tokens (NFTs), Infinite Block Tech has the expertise to create tokens that serve specific purposes and offer value to their target audience. Their ICO launch services encompass the entire process, from token creation to marketing and fundraising strategies, ensuring a successful and well-executed token sale. Infinite Block Tech also excels in decentralized exchange (DEX) development, providing businesses with the opportunity to create their own decentralized trading platforms. These platforms enable users to trade cryptocurrencies directly from their wallets, without the need for intermediaries. Infinite Block Tech’s DEX solutions prioritize security, liquidity, and user experience, offering a seamless and decentralized trading experience for cryptocurrency enthusiasts. 5. Turnkeytown Turnkeytown is a prominent name in the crypto coin development industry, known for its comprehensive range of services and customer-centric approach. The company offers end-to-end solutions for token creation, ICO development, and cryptocurrency exchange platforms. Turnkeytown’s team of skilled developers ensures the seamless integration of advanced features and functionalities, making them a preferred choice for many businesses venturing into the crypto space. Turnkeytown’s approach to crypto coin development focuses on delivering tailor-made solutions that align with the unique requirements of their clients. They understand that each business has its specific goals and target audience, and therefore, their solutions are customizable to meet those needs. From designing and developing tokens to creating intuitive user interfaces for cryptocurrency exchange platforms, Turnkeytown ensures that their clients receive solutions that drive user engagement, security, and overall success in the crypto market. 6. Antiersolutions Antiersolutions is a trusted name in the world of crypto coin development, with a strong focus on blockchain technology and security. The company offers a wide range of services, including token development, smart contract development, and cryptocurrency wallet development. Antiersolutions’ team of experts combines their technical expertise with a deep understanding of the crypto market to deliver reliable and innovative solutions to their clients. Antiersolutions’ approach to crypto coin development centers around creating secure and user-friendly solutions. They prioritize the implementation of robust security measures to protect the developed coins and the assets of their users. Additionally, Antiersolutions understands the importance of usability and offers intuitive wallet solutions that provide a seamless and convenient experience for managing cryptocurrencies. Their commitment to security, usability, and innovation has earned them a reputation as a trusted crypto coin development company. 7. Maticz Maticz is a leading crypto coin development company that has gained recognition for its expertise in blockchain technology and smart contract development. They provide comprehensive solutions for token creation, ICO development, and decentralized finance (DeFi) platforms. Maticz’s commitment to staying updated with the latest industry trends and its ability to deliver cutting-edge solutions have made them a preferred choice among businesses seeking crypto coin development services. Maticz’s specialization in smart contract development enables them to create complex and secure contracts that automate processes and ensure transparency in the crypto ecosystem. They also offer services for developing decentralized applications (dApps) that leverage blockchain technology to provide innovative financial solutions. Maticz’s solutions empower businesses to capitalize on the potential of decentralized finance and offer new opportunities for users to interact with cryptocurrencies. 8. Hashlogics Hashlogics is a prominent player in the crypto coin development space, known for its proficiency in blockchain technology and cryptocurrency solutions. The company offers services such as token creation, ICO development, and cryptocurrency exchange development. Hashlogics’ team of skilled developers and consultants work closely with clients to understand their specific requirements and deliver tailor-made solutions that drive growth and success in the crypto market. Hashlogics’ strength lies in its ability to provide end-to-end solutions that cover the entire lifecycle of crypto coin development. From conceptualization and token creation to exchange development and marketing strategies, Hashlogics ensures that clients receive comprehensive support throughout their crypto journey. 9. Toptal Toptal is a renowned global talent marketplace that connects businesses with top-tier freelance crypto coin developers. The platform offers a curated network of highly skilled professionals who have expertise in various aspects of crypto coin development. Toptal’s rigorous screening process ensures that only the best developers are available for hire, providing businesses with access to top talent in the industry. With Toptal, companies can find experienced developers to create and develop cryptocurrencies according to their specific needs. Toptal’s platform offers flexibility and scalability, allowing businesses to find developers who align with their project requirements and work seamlessly as part of their team. The platform provides a transparent and streamlined hiring process, ensuring that businesses can quickly onboard developers with the necessary skills and expertise. Whether it’s token creation, smart contract development, or blockchain architecture, Toptal offers a reliable and efficient solution for finding highly qualified crypto coin developers. 10. Blocktech Brew Blocktech Brew is a rising star in the crypto coin development arena, offering a wide range of services tailored to meet the demands of the evolving crypto market. The company specializes in token development, ICO launch, and decentralized application (dApp) development. Blocktech Brew prides itself on its agility and ability to adapt to changing market trends, ensuring that their clients receive innovative and forward-thinking solutions. Blocktech Brew’s team of experts understands the dynamic nature of the crypto industry and stays updated with the latest advancements and emerging technologies. They leverage their knowledge and expertise to develop tokens and dApps that are at the forefront of innovation. Blocktech Brew’s solutions focus on user experience, security, and scalability, providing businesses with a competitive edge in the crypto market. Conclusion As the popularity and adoption of cryptocurrencies continue to grow, the demand for crypto coin development services is at an all-time high. The top 10 popular crypto coin development companies in 2023, including INORU, AppDupe, Blockchain App Factory, Infinite Block Tech, Turnkeytown, Antiersolutions, Maticz, Hashlogics, Toptal, and Blocktech Brew, have made significant contributions to the crypto industry. These companies offer a comprehensive range of services, including token creation, smart contract development, ICO launch, and cryptocurrency exchange development. Their expertise, innovative approach, and commitment to delivering high-quality solutions have earned them a reputation as trusted and reliable partners for businesses venturing into the crypto space. Whether you are a startup looking to create a new cryptocurrency or an established company seeking to leverage blockchain technology, partnering with a reputable crypto coin development company can play a crucial role in your success. Consider the unique features, expertise, and track record of these top companies to find the one that aligns with your specific requirements and goals. Remember to conduct thorough research, evaluate their portfolios, and communicate your project requirements clearly to ensure a successful collaboration. The dynamic and rapidly evolving nature of the crypto industry calls for staying updated with the latest trends and technologies, and these companies are well-equipped to provide you with the cutting-edge solutions needed to thrive in this exciting ecosystem. Top 10 Popular Crypto Coin Development Companies in 2023 was originally published in CryptoStars on Medium, where people are continuing the conversation by highlighting and responding to this story.

Top 10 Popular Crypto Coin Development Companies in 2023

The world of cryptocurrencies has gained significant traction in recent years, and the demand for crypto coin development services has soared. As the crypto market continues to expand, numerous companies have emerged, offering innovative solutions and cutting-edge technologies to create and develop cryptocurrencies. In this blog post, we will explore the top 10 popular crypto coin development companies in 2023, highlighting their unique features and contributions to the crypto industry.

1. INORU

INORU is a renowned crypto coin development company that has been at the forefront of the industry for several years. With a team of skilled developers and blockchain experts, INORU offers end-to-end cryptocurrency development services, including smart contract development, token creation, and wallet integration. Their extensive experience in the field and commitment to delivering high-quality solutions have earned them a reputation as a trusted crypto coin development company.

INORU’s team of experts employs advanced technologies and industry best practices to create secure, scalable, and feature-rich cryptocurrencies. They offer customizable solutions that cater to the unique needs of their clients, ensuring that the developed coins align with their business objectives. INORU’s comprehensive approach to crypto coin development covers all aspects, from conceptualization to deployment, making them a preferred choice for businesses seeking reliable and robust cryptocurrency solutions.

2. AppDupe

AppDupe is a leading provider of crypto coin development services, known for its innovative approach and customizable solutions. The company offers a comprehensive range of services, including token creation, ICO development, and cryptocurrency exchange development. AppDupe’s team of experienced developers leverages the latest technologies to build secure and scalable blockchain solutions tailored to the unique requirements of their clients.

AppDupe’s strength lies in its ability to deliver turnkey solutions that are ready to launch in the market. Their extensive experience in the crypto industry allows them to anticipate market trends and incorporate essential features into their solutions. Whether it’s creating utility tokens, security tokens, or stablecoins, AppDupe ensures compliance with regulatory standards and provides seamless integration with blockchain networks. Their commitment to delivering high-quality products and exceptional customer service has established them as a trusted partner for crypto coin development.

3. Blockchain App Factory

Blockchain App Factory is a globally recognized crypto coin development company that specializes in creating blockchain-based solutions. Their team of experts offers services such as token creation, smart contract development, and white label exchange development. Blockchain App Factory is known for its focus on security, scalability, and usability, ensuring that their clients receive top-notch solutions that drive success in the crypto market.

Blockchain App Factory understands the importance of security in the crypto industry and employs robust measures to safeguard the developed coins from potential threats. They also prioritize scalability to ensure that the cryptocurrencies can handle high transaction volumes without compromising performance. Additionally, their user-centric approach ensures that the developed coins are intuitive and easy to use, enhancing user adoption and engagement. With their expertise in blockchain technology and commitment to delivering excellence, Blockchain App Factory has earned a solid reputation as a leading crypto coin development company.

4. Infinite Block Tech

Infinite Block Tech is a leading crypto coin development company that has garnered a reputation for its expertise in blockchain technology and cryptocurrency solutions. They provide a wide array of services, including token development, ICO launch, and decentralized exchange development. Infinite Block Tech stands out for its commitment to delivering innovative and customizable solutions that cater to the diverse needs of their clients.

One of Infinite Block Tech’s key strengths lies in their ability to develop unique and feature-rich tokens that align with their clients’ business models. Whether it’s utility tokens, security tokens, or non-fungible tokens (NFTs), Infinite Block Tech has the expertise to create tokens that serve specific purposes and offer value to their target audience. Their ICO launch services encompass the entire process, from token creation to marketing and fundraising strategies, ensuring a successful and well-executed token sale.

Infinite Block Tech also excels in decentralized exchange (DEX) development, providing businesses with the opportunity to create their own decentralized trading platforms. These platforms enable users to trade cryptocurrencies directly from their wallets, without the need for intermediaries. Infinite Block Tech’s DEX solutions prioritize security, liquidity, and user experience, offering a seamless and decentralized trading experience for cryptocurrency enthusiasts.

5. Turnkeytown

Turnkeytown is a prominent name in the crypto coin development industry, known for its comprehensive range of services and customer-centric approach. The company offers end-to-end solutions for token creation, ICO development, and cryptocurrency exchange platforms. Turnkeytown’s team of skilled developers ensures the seamless integration of advanced features and functionalities, making them a preferred choice for many businesses venturing into the crypto space.

Turnkeytown’s approach to crypto coin development focuses on delivering tailor-made solutions that align with the unique requirements of their clients. They understand that each business has its specific goals and target audience, and therefore, their solutions are customizable to meet those needs. From designing and developing tokens to creating intuitive user interfaces for cryptocurrency exchange platforms, Turnkeytown ensures that their clients receive solutions that drive user engagement, security, and overall success in the crypto market.

6. Antiersolutions

Antiersolutions is a trusted name in the world of crypto coin development, with a strong focus on blockchain technology and security. The company offers a wide range of services, including token development, smart contract development, and cryptocurrency wallet development. Antiersolutions’ team of experts combines their technical expertise with a deep understanding of the crypto market to deliver reliable and innovative solutions to their clients.

Antiersolutions’ approach to crypto coin development centers around creating secure and user-friendly solutions. They prioritize the implementation of robust security measures to protect the developed coins and the assets of their users. Additionally, Antiersolutions understands the importance of usability and offers intuitive wallet solutions that provide a seamless and convenient experience for managing cryptocurrencies. Their commitment to security, usability, and innovation has earned them a reputation as a trusted crypto coin development company.

7. Maticz

Maticz is a leading crypto coin development company that has gained recognition for its expertise in blockchain technology and smart contract development. They provide comprehensive solutions for token creation, ICO development, and decentralized finance (DeFi) platforms. Maticz’s commitment to staying updated with the latest industry trends and its ability to deliver cutting-edge solutions have made them a preferred choice among businesses seeking crypto coin development services.

Maticz’s specialization in smart contract development enables them to create complex and secure contracts that automate processes and ensure transparency in the crypto ecosystem. They also offer services for developing decentralized applications (dApps) that leverage blockchain technology to provide innovative financial solutions. Maticz’s solutions empower businesses to capitalize on the potential of decentralized finance and offer new opportunities for users to interact with cryptocurrencies.

8. Hashlogics

Hashlogics is a prominent player in the crypto coin development space, known for its proficiency in blockchain technology and cryptocurrency solutions. The company offers services such as token creation, ICO development, and cryptocurrency exchange development. Hashlogics’ team of skilled developers and consultants work closely with clients to understand their specific requirements and deliver tailor-made solutions that drive growth and success in the crypto market.

Hashlogics’ strength lies in its ability to provide end-to-end solutions that cover the entire lifecycle of crypto coin development. From conceptualization and token creation to exchange development and marketing strategies, Hashlogics ensures that clients receive comprehensive support throughout their crypto journey.

9. Toptal

Toptal is a renowned global talent marketplace that connects businesses with top-tier freelance crypto coin developers. The platform offers a curated network of highly skilled professionals who have expertise in various aspects of crypto coin development. Toptal’s rigorous screening process ensures that only the best developers are available for hire, providing businesses with access to top talent in the industry. With Toptal, companies can find experienced developers to create and develop cryptocurrencies according to their specific needs.

Toptal’s platform offers flexibility and scalability, allowing businesses to find developers who align with their project requirements and work seamlessly as part of their team. The platform provides a transparent and streamlined hiring process, ensuring that businesses can quickly onboard developers with the necessary skills and expertise. Whether it’s token creation, smart contract development, or blockchain architecture, Toptal offers a reliable and efficient solution for finding highly qualified crypto coin developers.

10. Blocktech Brew

Blocktech Brew is a rising star in the crypto coin development arena, offering a wide range of services tailored to meet the demands of the evolving crypto market. The company specializes in token development, ICO launch, and decentralized application (dApp) development. Blocktech Brew prides itself on its agility and ability to adapt to changing market trends, ensuring that their clients receive innovative and forward-thinking solutions.

Blocktech Brew’s team of experts understands the dynamic nature of the crypto industry and stays updated with the latest advancements and emerging technologies. They leverage their knowledge and expertise to develop tokens and dApps that are at the forefront of innovation. Blocktech Brew’s solutions focus on user experience, security, and scalability, providing businesses with a competitive edge in the crypto market.

Conclusion

As the popularity and adoption of cryptocurrencies continue to grow, the demand for crypto coin development services is at an all-time high. The top 10 popular crypto coin development companies in 2023, including INORU, AppDupe, Blockchain App Factory, Infinite Block Tech, Turnkeytown, Antiersolutions, Maticz, Hashlogics, Toptal, and Blocktech Brew, have made significant contributions to the crypto industry.

These companies offer a comprehensive range of services, including token creation, smart contract development, ICO launch, and cryptocurrency exchange development. Their expertise, innovative approach, and commitment to delivering high-quality solutions have earned them a reputation as trusted and reliable partners for businesses venturing into the crypto space.

Whether you are a startup looking to create a new cryptocurrency or an established company seeking to leverage blockchain technology, partnering with a reputable crypto coin development company can play a crucial role in your success. Consider the unique features, expertise, and track record of these top companies to find the one that aligns with your specific requirements and goals.

Remember to conduct thorough research, evaluate their portfolios, and communicate your project requirements clearly to ensure a successful collaboration. The dynamic and rapidly evolving nature of the crypto industry calls for staying updated with the latest trends and technologies, and these companies are well-equipped to provide you with the cutting-edge solutions needed to thrive in this exciting ecosystem.

Top 10 Popular Crypto Coin Development Companies in 2023 was originally published in CryptoStars on Medium, where people are continuing the conversation by highlighting and responding to this story.
NFTs Revolutionizing Real-World Use: Beyond JPEGsLinking Reality to the Digital BAYC dropped from $ 1.3 million to $75thousand and then to $59thousand in less than one year. According to a report by galaxy, when the minimum prices for popular NFT projects drop, it usually means the entire NFT market is getting smaller. and Since January 2023, the minimum prices for top tier NFT projects have been going down. This is because collectors of valuable NFTs are reducing their risks in the shrinking NFT market by selling at lower prices to minimize losses. And while this may be the case HSBC estimates that the volume of tokenized markets is expected to reach an impressive $24 trillion by the year 2027. This will largely be driven by the use of tokenization, to create digital representations of various kinds of assets, including securities, funds, artwork, and other collectibles This article will cover what it means to link a real world asset to a non fungible token (NFT). NFTs are commonly used to represent ownership of assets, with many applications in the real estate industry. Several real estate companies have emerged, offering tokenized properties where each token represents ownership of a part or the whole property However, real estate is only one aspect of the emerging NFT ecosystem where new players are helping to keep the technology alive by: enabling linking a real-world asset to NFT thereby making the physical asset “token backed” providing real-world use of the physical asset token. But what does it entail to back a real-world asset with an NFT and how can it be done efficiently? Two companies (arcade.xyz and 4k) came together recently to give us a glimpse of how this could work. Two Rolex watches became NFT-backed and the owner used the NFT as collateral to obtain a loan. Here is how it happened: First, the watch was put in the custody of 4k, a decentralized protocol. 4k then went on to issue an NFT to the owner. Thus, the NFT becomes proof of ownership of the Rolex watches. The big goal for 4k is to ensure physical assets can change hands without needing to be physically moved. Therefore, the protocol is made of different components and participants like: Guardians who are responsible for safeguarding physical assets that are placed under their custody. When an asset is initially entrusted to a guardian, it undergoes a thorough audit to ensure proper documentation and verification. A valuation protocol, utilized to maximize the certainty of an asset’s market price. Additionally, the audit record for each token that is backed by a physical asset is publicly stored on the blockchain. An authentication protocol, designed to maximize certainty that a physically-backed token is precisely what it claims to be, leaving no room for doubt or misrepresentation. All these components synergistically collaborate to facilitate on-chain user interaction with the physical asset. They collectively provide essential information and authentication, and ensure the asset remains securely held in custody. Now that we have the asset securely stored and an NFT issued for proof of ownership, next is how the NFT was used to obtain a loan. Arcade.xyz, an NFT liquidity market is a decentralized finance platform on Ethereum that provides a marketplace where NFT owners can use their assets as collateral to get loans. Asset owners deposit their NFT or NFTs into a vault and receive an NFT representing ownership of the Vault. The asset owners decide the terms of their loan, such as how long it will last and the interest rate. Lenders have the option to make offers on the loans and borrowers can accept loan offers. All of these happen trustlessly. When a loan is settled on the blockchain, the lender transfers the loan amount from their digital wallet to the borrower’s wallet. In return, the lender receives a lender note — an (ERC721) token, which represents their claim on the Vault. This lender note acts as proof of ownership and gives the lender a claim to the collateral assets, in case the borrower defaults on the loan. In conclusion, the integration of physical assets with NFTs offers exciting possibilities within the emerging NFT ecosystem. The transparency, security, and liquidity provided by this convergence create new avenues for asset ownership, trading, and monetization. As the NFT space continues to evolve, we can expect further innovations and applications of this integration, reshaping how we perceive, trade, and interact with physical assets in the digital realm. NFTs Revolutionizing Real-World Use: Beyond JPEGs was originally published in CryptoStars on Medium, where people are continuing the conversation by highlighting and responding to this story.

NFTs Revolutionizing Real-World Use: Beyond JPEGs

Linking Reality to the Digital

BAYC dropped from $ 1.3 million to $75thousand and then to $59thousand in less than one year.

According to a report by galaxy, when the minimum prices for popular NFT projects drop, it usually means the entire NFT market is getting smaller. and Since January 2023, the minimum prices for top tier NFT projects have been going down. This is because collectors of valuable NFTs are reducing their risks in the shrinking NFT market by selling at lower prices to minimize losses.

And while this may be the case HSBC estimates that the volume of tokenized markets is expected to reach an impressive $24 trillion by the year 2027.

This will largely be driven by the use of tokenization, to create digital representations of various kinds of assets, including securities, funds, artwork, and other collectibles

This article will cover what it means to link a real world asset to a non fungible token (NFT).

NFTs are commonly used to represent ownership of assets, with many applications in the real estate industry. Several real estate companies have emerged, offering tokenized properties where each token represents ownership of a part or the whole property

However, real estate is only one aspect of the emerging NFT ecosystem where new players are helping to keep the technology alive by:

enabling linking a real-world asset to NFT thereby making the physical asset “token backed”

providing real-world use of the physical asset token.

But what does it entail to back a real-world asset with an NFT and how can it be done efficiently?

Two companies (arcade.xyz and 4k) came together recently to give us a glimpse of how this could work.

Two Rolex watches became NFT-backed and the owner used the NFT as collateral to obtain a loan.

Here is how it happened:

First, the watch was put in the custody of 4k, a decentralized protocol. 4k then went on to issue an NFT to the owner. Thus, the NFT becomes proof of ownership of the Rolex watches.

The big goal for 4k is to ensure physical assets can change hands without needing to be physically moved.

Therefore, the protocol is made of different components and participants like:

Guardians who are responsible for safeguarding physical assets that are placed under their custody. When an asset is initially entrusted to a guardian, it undergoes a thorough audit to ensure proper documentation and verification.

A valuation protocol, utilized to maximize the certainty of an asset’s market price. Additionally, the audit record for each token that is backed by a physical asset is publicly stored on the blockchain.

An authentication protocol, designed to maximize certainty that a physically-backed token is precisely what it claims to be, leaving no room for doubt or misrepresentation.

All these components synergistically collaborate to facilitate on-chain user interaction with the physical asset. They collectively provide essential information and authentication, and ensure the asset remains securely held in custody.

Now that we have the asset securely stored and an NFT issued for proof of ownership, next is how the NFT was used to obtain a loan.

Arcade.xyz, an NFT liquidity market is a decentralized finance platform on Ethereum that provides a marketplace where NFT owners can use their assets as collateral to get loans.

Asset owners deposit their NFT or NFTs into a vault and receive an NFT representing ownership of the Vault.

The asset owners decide the terms of their loan, such as how long it will last and the interest rate.

Lenders have the option to make offers on the loans and borrowers can accept loan offers. All of these happen trustlessly.

When a loan is settled on the blockchain, the lender transfers the loan amount from their digital wallet to the borrower’s wallet. In return, the lender receives a lender note — an (ERC721) token, which represents their claim on the Vault. This lender note acts as proof of ownership and gives the lender a claim to the collateral assets, in case the borrower defaults on the loan.

In conclusion, the integration of physical assets with NFTs offers exciting possibilities within the emerging NFT ecosystem. The transparency, security, and liquidity provided by this convergence create new avenues for asset ownership, trading, and monetization. As the NFT space continues to evolve, we can expect further innovations and applications of this integration, reshaping how we perceive, trade, and interact with physical assets in the digital realm.

NFTs Revolutionizing Real-World Use: Beyond JPEGs was originally published in CryptoStars on Medium, where people are continuing the conversation by highlighting and responding to this story.
Real Estate Tokenization — A Game-Changer for the Future of Real EstateReal Estate Tokenization — A Game-Changer for the Future of Real Estate https://stock.adobe.com/ Introduction In recent years, the real estate industry has witnessed a significant transformation with the advent of blockchain technology. One of the groundbreaking applications of blockchain in real estate is tokenization. Real estate tokenization has emerged as a game-changer, revolutionizing the way properties are bought, sold, and invested in. In this article, we will explore the concept of real estate tokenization, its impact on the future of the industry, and the benefits it offers to investors. What is Real Estate Tokenization? Real estate tokenization refers to the process of converting rights to a property into digital tokens on a blockchain. These tokens represent fractional ownership and are backed by the underlying real estate asset. Each token represents a share of ownership and can be bought, sold, and traded on a real estate tokenization platform. Tokenization enables the division of real estate assets into smaller units, making it possible for individual investors to own a fraction of a property that was traditionally out of their reach. By leveraging blockchain technology, real estate tokenization provides transparency, security, and liquidity to the real estate market. The Future of Real Estate with Tokenization Real estate tokenization has the potential to reshape the future of the real estate industry in several ways: Increased Accessibility and Liquidity Traditionally, investing in real estate required significant capital, limiting access to high-net-worth individuals and institutional investors. Tokenization opens up real estate investment opportunities to a broader range of investors, including retail investors. Fractional ownership allows investors to diversify their portfolios, reduce risk, and participate in the real estate market with smaller investment amounts. Additionally, tokenization introduces liquidity to traditionally illiquid assets, enabling investors to buy and sell tokens efficiently. Enhanced Transparency and Security Blockchain technology, the foundation of real estate tokenization, ensures transparency and immutability of transactions. All property-related information, including ownership records, rental income, and property valuations, can be stored on the blockchain, providing a reliable and tamper-proof source of data. Smart contracts automate and enforce the terms of agreements, eliminating the need for intermediaries and reducing the risk of fraud. These features enhance trust and security within the real estate ecosystem. Global Market Access Tokenization has the potential to unlock global market access for real estate investors. Through tokenization platforms, investors from around the world can participate in real estate projects without geographical restrictions. This opens up opportunities for cross-border investments, diversification, and exposure to different real estate markets. Real estate tokenization platforms act as marketplaces, connecting property owners with a global pool of potential investors. How Real Estate Tokenization Works Real estate tokenization involves a series of steps: Property Evaluation: The value of the property to be tokenized is assessed, taking into account factors such as location, market conditions, and income potential. Legal and Regulatory Compliance: Tokenization must comply with relevant legal and regulatory requirements, ensuring investor protection and adherence to securities regulations. Token Creation: The property rights are divided into digital tokens, with each token representing a fraction of the property. The tokens are created and recorded on a blockchain, along with associated smart contracts. Investor Onboarding: The tokenized property is made available for investment on a real estate tokenization platform. Investors can purchase tokens using cryptocurrencies or fiat currencies, subject to the platform’s guidelines and eligibility criteria. Ongoing Management: Token holders receive benefits and rights associated with the property, such as rental income or dividends. Property management activities, including maintenance and rent collection, are carried out by the platform or designated property managers. Secondary Market Trading: Token holders have the option to trade their tokens on secondary markets, providing liquidity and flexibility to investors. These secondary markets enable buyers and sellers to transact without the need for a centralized exchange. Benefits & Challenges of Tokenized Real Estate Benefits of Tokenized Real Estate for Investors Diversification: Real estate tokenization allows investors to diversify their portfolios by gaining exposure to different properties, locations, and real estate sectors. Fractional Ownership: Fractional ownership enables investors to participate in high-value properties with smaller investment amounts, reducing barriers to entry. Liquidity: Tokenization introduces liquidity to traditionally illiquid real estate assets, allowing investors to buy and sell tokens easily. Transparency: Blockchain-based tokenization provides transparency, ensuring accurate and verifiable property information and transaction history. Global Market Access: Tokenization platforms offer access to global real estate markets, enabling investors to explore opportunities beyond their local markets. Challenges of Tokenized Real Estate Regulatory Frameworks: The regulatory landscape surrounding real estate tokenization is still evolving, and navigating through different jurisdictions can be complex. Investor Education: Educating investors about the benefits, risks, and mechanics of real estate tokenization is crucial for wider adoption. Market Volatility: The value of tokenized real estate assets may fluctuate with market conditions, and investors should be mindful of potential risks. Platform Security: Ensuring the security of tokenization platforms is essential to protect investors’ assets and prevent unauthorized access Embracing the Potential of Tokenized Real Estate The real estate industry is witnessing a paradigm shift with the rise of tokenization. Investors, property owners, and industry participants are increasingly recognizing the potential of real estate tokenization to unlock new opportunities, enhance liquidity, and streamline processes. To embrace the potential of tokenized real estate, it is crucial to choose the right company to develop the tokenization of real estate. The selected company should have a proven track record, expertise in blockchain technology, and a robust platform that ensures compliance, security, and investor protection. Develop Your Property into Tokenized Real Estate Property owners can take advantage of the benefits offered by real estate tokenization by transforming their properties into tokenized real estate assets. By partnering with a reputable tokenization company, property owners can unlock liquidity, access a broader investor base, and increase the efficiency of property management. When considering tokenizing a property, it is essential to evaluate factors such as market demand, legal and regulatory requirements, and the potential impact on existing stakeholders. Collaborating with professionals who specialize in real estate tokenization can provide guidance and ensure a smooth transition into the tokenized real estate market. Conclusion Real estate tokenization is revolutionizing the way we invest in and interact with properties. It offers increased accessibility, liquidity, transparency, and global market access. While challenges such as regulatory frameworks and market volatility exist, the potential benefits for investors and the real estate industry as a whole are substantial. To stay ahead in the evolving real estate landscape, it is crucial to embrace the potential of real estate tokenization. By choosing the right company to develop tokenization, property owners can unlock new opportunities, expand their investor base, and position themselves at the forefront of the future of real estate. Real estate tokenization is a game-changer that has the power to transform the real estate industry, making it more accessible, transparent, and liquid. By leveraging blockchain technology and embracing tokenization, we can unlock the full potential of real estate investments and shape a future where property ownership is democratized and globalized. Real Estate Tokenization — A Game-Changer for the Future of Real Estate was originally published in CryptoStars on Medium, where people are continuing the conversation by highlighting and responding to this story.

Real Estate Tokenization — A Game-Changer for the Future of Real Estate

Real Estate Tokenization — A Game-Changer for the Future of Real Estate

https://stock.adobe.com/ Introduction

In recent years, the real estate industry has witnessed a significant transformation with the advent of blockchain technology. One of the groundbreaking applications of blockchain in real estate is tokenization. Real estate tokenization has emerged as a game-changer, revolutionizing the way properties are bought, sold, and invested in. In this article, we will explore the concept of real estate tokenization, its impact on the future of the industry, and the benefits it offers to investors.

What is Real Estate Tokenization?

Real estate tokenization refers to the process of converting rights to a property into digital tokens on a blockchain. These tokens represent fractional ownership and are backed by the underlying real estate asset. Each token represents a share of ownership and can be bought, sold, and traded on a real estate tokenization platform.

Tokenization enables the division of real estate assets into smaller units, making it possible for individual investors to own a fraction of a property that was traditionally out of their reach. By leveraging blockchain technology, real estate tokenization provides transparency, security, and liquidity to the real estate market.

The Future of Real Estate with Tokenization

Real estate tokenization has the potential to reshape the future of the real estate industry in several ways:

Increased Accessibility and Liquidity

Traditionally, investing in real estate required significant capital, limiting access to high-net-worth individuals and institutional investors. Tokenization opens up real estate investment opportunities to a broader range of investors, including retail investors. Fractional ownership allows investors to diversify their portfolios, reduce risk, and participate in the real estate market with smaller investment amounts. Additionally, tokenization introduces liquidity to traditionally illiquid assets, enabling investors to buy and sell tokens efficiently.

Enhanced Transparency and Security

Blockchain technology, the foundation of real estate tokenization, ensures transparency and immutability of transactions. All property-related information, including ownership records, rental income, and property valuations, can be stored on the blockchain, providing a reliable and tamper-proof source of data. Smart contracts automate and enforce the terms of agreements, eliminating the need for intermediaries and reducing the risk of fraud. These features enhance trust and security within the real estate ecosystem.

Global Market Access

Tokenization has the potential to unlock global market access for real estate investors. Through tokenization platforms, investors from around the world can participate in real estate projects without geographical restrictions. This opens up opportunities for cross-border investments, diversification, and exposure to different real estate markets. Real estate tokenization platforms act as marketplaces, connecting property owners with a global pool of potential investors.

How Real Estate Tokenization Works

Real estate tokenization involves a series of steps:

Property Evaluation: The value of the property to be tokenized is assessed, taking into account factors such as location, market conditions, and income potential.

Legal and Regulatory Compliance: Tokenization must comply with relevant legal and regulatory requirements, ensuring investor protection and adherence to securities regulations.

Token Creation: The property rights are divided into digital tokens, with each token representing a fraction of the property. The tokens are created and recorded on a blockchain, along with associated smart contracts.

Investor Onboarding: The tokenized property is made available for investment on a real estate tokenization platform. Investors can purchase tokens using cryptocurrencies or fiat currencies, subject to the platform’s guidelines and eligibility criteria.

Ongoing Management: Token holders receive benefits and rights associated with the property, such as rental income or dividends. Property management activities, including maintenance and rent collection, are carried out by the platform or designated property managers.

Secondary Market Trading: Token holders have the option to trade their tokens on secondary markets, providing liquidity and flexibility to investors. These secondary markets enable buyers and sellers to transact without the need for a centralized exchange.

Benefits & Challenges of Tokenized Real Estate

Benefits of Tokenized Real Estate for Investors

Diversification: Real estate tokenization allows investors to diversify their portfolios by gaining exposure to different properties, locations, and real estate sectors.

Fractional Ownership: Fractional ownership enables investors to participate in high-value properties with smaller investment amounts, reducing barriers to entry.

Liquidity: Tokenization introduces liquidity to traditionally illiquid real estate assets, allowing investors to buy and sell tokens easily.

Transparency: Blockchain-based tokenization provides transparency, ensuring accurate and verifiable property information and transaction history.

Global Market Access: Tokenization platforms offer access to global real estate markets, enabling investors to explore opportunities beyond their local markets.

Challenges of Tokenized Real Estate

Regulatory Frameworks: The regulatory landscape surrounding real estate tokenization is still evolving, and navigating through different jurisdictions can be complex.

Investor Education: Educating investors about the benefits, risks, and mechanics of real estate tokenization is crucial for wider adoption.

Market Volatility: The value of tokenized real estate assets may fluctuate with market conditions, and investors should be mindful of potential risks.

Platform Security: Ensuring the security of tokenization platforms is essential to protect investors’ assets and prevent unauthorized access

Embracing the Potential of Tokenized Real Estate

The real estate industry is witnessing a paradigm shift with the rise of tokenization. Investors, property owners, and industry participants are increasingly recognizing the potential of real estate tokenization to unlock new opportunities, enhance liquidity, and streamline processes.

To embrace the potential of tokenized real estate, it is crucial to choose the right company to develop the tokenization of real estate. The selected company should have a proven track record, expertise in blockchain technology, and a robust platform that ensures compliance, security, and investor protection.

Develop Your Property into Tokenized Real Estate

Property owners can take advantage of the benefits offered by real estate tokenization by transforming their properties into tokenized real estate assets. By partnering with a reputable tokenization company, property owners can unlock liquidity, access a broader investor base, and increase the efficiency of property management.

When considering tokenizing a property, it is essential to evaluate factors such as market demand, legal and regulatory requirements, and the potential impact on existing stakeholders. Collaborating with professionals who specialize in real estate tokenization can provide guidance and ensure a smooth transition into the tokenized real estate market.

Conclusion

Real estate tokenization is revolutionizing the way we invest in and interact with properties. It offers increased accessibility, liquidity, transparency, and global market access. While challenges such as regulatory frameworks and market volatility exist, the potential benefits for investors and the real estate industry as a whole are substantial.

To stay ahead in the evolving real estate landscape, it is crucial to embrace the potential of real estate tokenization. By choosing the right company to develop tokenization, property owners can unlock new opportunities, expand their investor base, and position themselves at the forefront of the future of real estate.

Real estate tokenization is a game-changer that has the power to transform the real estate industry, making it more accessible, transparent, and liquid. By leveraging blockchain technology and embracing tokenization, we can unlock the full potential of real estate investments and shape a future where property ownership is democratized and globalized.

Real Estate Tokenization — A Game-Changer for the Future of Real Estate was originally published in CryptoStars on Medium, where people are continuing the conversation by highlighting and responding to this story.
Celsius Problems With the CFTCIt has been a year since Celsius Network LLC filed for bankruptcy protection by the court. A year later a bad situation may be about to get worse as the Commodity Futures Trading Commission appears to be considering legal action against the company and its CEO. Celsius problems with the CFTC seem to be that the CFTC believes they broke rules relating to commodity trading. The CFTC will need to vote before a decision to take Celsius to court is final. <a href="https://medium.com/media/0cdd28ed6ae08f8cec214c0110d43662/href">https://medium.com/media/0cdd28ed6ae08f8cec214c0110d43662/href</a> Discover the Doji Sandwich Chart Signal Here What Did Celsius Do Wrong? Our question does not have to do with why the company filed for bankruptcy. Rather the question has to do with why the Commodity Futures Trading Commission is considering legal action. There are two issues. One is that Celsius did not register for trading with the CFTC. The other is that it misled its clients. In regard to registering, this will be an issue for the court to decide. Regulators have only recently started going after crypto exchanges and DeFi businesses. Crypto businesses can argue that they did not know that they needed to follow any given set of rules. The CFTC will probably respond that ignorance of the law is not a valid excuse. What still angers many crypto investors in the year after the worst of crypto winter is that crypto businesses hid information from their investors and customers. This issue will likely be easier for the court to decide. Not the End of Legal Troubles for Celsius While Celsius’ problems with the CFTC are coming to a head, two more sets of issues are still in the works. The SEC is investigating Celsius as are federal prosecutors in Manhattan where financial crimes are typically prosecuted. During the Covid-19 pandemic Celsius was very successful. They provided loans and took deposits. Their deposit rates were substantially higher than those seen in traditional finance. Their CEO repeatedly stated that their loans and deposits were as safe as any offered by traditional lenders and savings institutions like banks. Cutting Edge Tools Help You Take the Guesswork Out of Trading When the popular stablecoin, TerraUSD, collapsed, the contagion spread throughout crypto and included Celsius. Celsius had, like so many in the crypto world, bet on crypto going up forever. Thus they could offer what would otherwise be interest rates that would lose money believing that increasing crypto values would make up the difference. When things went from bad to worse Celsius denied any losses. When they experienced the crypto equivalent of a run on the bank they froze all assets. It was only a month later when they filed for bankruptcy protection. How Many Companies Is the CFTC Suing? If it seems like the CFTC and SEC are suing a lot of crypto businesses, it is because they are. According to Bloomberg’s article about the CFTC probe, the CFTC has filed more than 85 lawsuits. They involve manipulation and fraud in the digital-asset market and could lead to more than $4 billion in restitution and penalties. On the SEC page for crypto asset and cyber enforcement actions, they list over 140 separate cases. What we are seeing is a wholesale sorting out of crypto exchanges and decentralized finance businesses. As with Celsius, there are generally two issues. One is whether or not a business has registered with the appropriate authorities. The other is if companies have been forthright with their customers and investors. A third issue for exchanges like Coinbase is that they will likely have to break down their businesses and separate the parts. Rather than running a shop where trading, clearing house activities, broker dealer functions, and trading all occur under one roof they will have to be separated just like they are in commodity futures and stock markets. Two Chart Signals to Learn - The Bobble & T-Line Crunch Patterns Originally published at https://profitableinvestingtips.com on July 18, 2023. Celsius Problems With the CFTC was originally published in CryptoStars on Medium, where people are continuing the conversation by highlighting and responding to this story.

Celsius Problems With the CFTC

It has been a year since Celsius Network LLC filed for bankruptcy protection by the court. A year later a bad situation may be about to get worse as the Commodity Futures Trading Commission appears to be considering legal action against the company and its CEO. Celsius problems with the CFTC seem to be that the CFTC believes they broke rules relating to commodity trading. The CFTC will need to vote before a decision to take Celsius to court is final.

<a href="https://medium.com/media/0cdd28ed6ae08f8cec214c0110d43662/href">https://medium.com/media/0cdd28ed6ae08f8cec214c0110d43662/href</a> Discover the Doji Sandwich Chart Signal Here What Did Celsius Do Wrong?

Our question does not have to do with why the company filed for bankruptcy. Rather the question has to do with why the Commodity Futures Trading Commission is considering legal action. There are two issues. One is that Celsius did not register for trading with the CFTC. The other is that it misled its clients. In regard to registering, this will be an issue for the court to decide. Regulators have only recently started going after crypto exchanges and DeFi businesses. Crypto businesses can argue that they did not know that they needed to follow any given set of rules. The CFTC will probably respond that ignorance of the law is not a valid excuse. What still angers many crypto investors in the year after the worst of crypto winter is that crypto businesses hid information from their investors and customers. This issue will likely be easier for the court to decide.

Not the End of Legal Troubles for Celsius

While Celsius’ problems with the CFTC are coming to a head, two more sets of issues are still in the works. The SEC is investigating Celsius as are federal prosecutors in Manhattan where financial crimes are typically prosecuted. During the Covid-19 pandemic Celsius was very successful. They provided loans and took deposits. Their deposit rates were substantially higher than those seen in traditional finance. Their CEO repeatedly stated that their loans and deposits were as safe as any offered by traditional lenders and savings institutions like banks.

Cutting Edge Tools Help You Take the Guesswork Out of Trading

When the popular stablecoin, TerraUSD, collapsed, the contagion spread throughout crypto and included Celsius. Celsius had, like so many in the crypto world, bet on crypto going up forever. Thus they could offer what would otherwise be interest rates that would lose money believing that increasing crypto values would make up the difference. When things went from bad to worse Celsius denied any losses. When they experienced the crypto equivalent of a run on the bank they froze all assets. It was only a month later when they filed for bankruptcy protection.

How Many Companies Is the CFTC Suing?

If it seems like the CFTC and SEC are suing a lot of crypto businesses, it is because they are. According to Bloomberg’s article about the CFTC probe, the CFTC has filed more than 85 lawsuits. They involve manipulation and fraud in the digital-asset market and could lead to more than $4 billion in restitution and penalties. On the SEC page for crypto asset and cyber enforcement actions, they list over 140 separate cases. What we are seeing is a wholesale sorting out of crypto exchanges and decentralized finance businesses. As with Celsius, there are generally two issues. One is whether or not a business has registered with the appropriate authorities. The other is if companies have been forthright with their customers and investors. A third issue for exchanges like Coinbase is that they will likely have to break down their businesses and separate the parts. Rather than running a shop where trading, clearing house activities, broker dealer functions, and trading all occur under one roof they will have to be separated just like they are in commodity futures and stock markets.

Two Chart Signals to Learn - The Bobble & T-Line Crunch Patterns

Originally published at https://profitableinvestingtips.com on July 18, 2023.

Celsius Problems With the CFTC was originally published in CryptoStars on Medium, where people are continuing the conversation by highlighting and responding to this story.
NFTs Sell a Scarcity of ExclusivityWhat exactly do you buy when you purchase an NFT? Especially a pfp NFT? A Moonbirds-inspired meditation. Moonbirds owl NFTs (Image courtesy: Blockhead) Why do people pay insane amounts of money for pfp NFTs? This question has been on my mind a lot lately, especially with the recent Azuki debacle which generated a lot of debate on Crypto Twitter. In order to attempt to answer this question I went down a Moonbirds rabbit hole trying to learn all I could about the project and making notes along the way. These are those notes, mostly unedited. MOONBIRDS Moonbirds is an NFT project consisting of owl-themed NFTs launched by PROOF Collective, one of the more famous groups in the NFT space. The general Moonbirds structure itself is pretty simple: 1. 10,000 Moonbirds There are 10,000 unique Moonbirds NFTs, each with a unique combination of traits and sub-traits. There are several of these traits to choose from and combine for each bird. All Moonbirds are fully “in-chain,” and they all have custom backgrounds. Scarcity and differentiation. You can buy a Moonbird but there will only ever be 10,000 Moonbirds thereby ensuring scarcity. And each Moonbird has a unique set of traits entrenching this scarcity even further, you can buy a Moonbird but if you want a particular one with certain particular traits then you are likely going to have to pay more. 2. Nesting This feature is very similar to staking in the DeFi space and the idea is the same, you hold your Moonbirds for as long as possible and the longer you hold your Moonbirds the more rewards you get. This is something I find quite interesting actually because the rewards aren’t exactly anything special (socks, a snapback, branded merch generally). This is obviously supposed to get people to hold on to their Moonbirds instead of selling them off but the incentives are not exactly the greatest. (Addendum: The upcoming Mythics NFT project will only be initially available to long-time Moonbirds nesters. This means that another reason to hold/nest would be access to future potential projects and experiences.) The benefits of nesting right now are not that great. But this represents one area the project can leverage for future growth. Increasing the value of nesting rewards will increase both the price of Moonbirds and the likelihood that people will hold them for a long time because they are anticipating rewards. 3. Sub-parliaments. In their own words, “A whole host of community-created sub-groups, ranging from trait-based collectives to regional or shared interest groups.” Bird holders with different traits can join special sub-parliaments for birds with those traits, or you could join a sub-parliament with other people from a geographic location, and so on. Even more exclusivity. Your NFT opens up the possibility of joining these sub-parliaments. The value of joining a sub-parliament we cannot be sure about because they are closed off. But, if joining sub-parliaments becomes really important to people, the price of Moonbirds will probably increase to match demand. 4. The Lunar Society. This is the name of the DAO-like organisation (they say they are not a DAO!) which oversees the Moonbirds project. The Lunar Society also oversees the aforementioned Mythics NFT project, another project by PROOF Collective, the entity that created Moonbirds. Moonbirds holders are officially members of the Lunar Society (Exclusivity). Moonbirds holders can bring up proposals and vote on proposals deciding how to spend the money from the Lunar Society treasury (Power). This money is typically spent on projects that are aligned with the Moonbirds brand and that will increase the reach, visibility and brand recognition of the Moonbirds brand (Returns; if the brand gets more valuable, you win if you own a Moonbird). So far votes passed by the Lunar Society include voting to let an Airbnb cabin owned by a Moonbirds owner use the Moonbirds/Lunar Society trademark and giving $13,000 to Healthybirds, a health and wellness brand. (As always the problem with these things is how to measure ROI on them, but that’s alright for now, they’ll experiment and hopefully get better). Exclusive events. Moonbirds holders also get a free pass to exclusive events by the Lunar Society. And in a world where NFT projects are beginning to purchase sports teams (hello DeGods), that exclusivity can become really valuable really quickly, which could be fun. There’s also the opportunity for the Lunar Society and Moonbirds to go the ETH conferences path and just let people who own Moonbirds in several places do up Moonbirds-themed events to increase brand awareness and foster connectivity. (Grow brand awareness and make the overall brand more valuable.) A FEW MORE THINGS Some interesting developments to keep an eye out for in the Moonbirds ecosystem right now include: 1. The CC0 Moonbirds are now in the public domain. The project founder Kevin Rose has said that the popular owl-themed NFTs would be moving to a CC0 public license along with Oddities, their companion collection. “You’re now free to use any Moonbirds and Oddities art in any way you see fit — forever,” he tweeted. A Moonbirds DAO will be formed to oversee licensing of the Moonbirds and Oddities trademarks. What the effects of this announcement will be in the long run is not yet clear but I imagine it should serve to increase brand awareness as Moonbirds-themed projects proliferate. We will see. 2. Mythics From the same studio that brought you Moonbirds comes a new NFT project: Mythics. What’s interesting is that there are only two ways to get a Mythic, you can burn an Oddity (another PROOF Collective NFT project), or you can receive them as a reward for your nested Moonbirds. So far Mythics just offer you a gateway into the PROOF Discord and all that, nothing astonishingly new as of yet. However, it does provide a reason to hold Moonbirds as well as decrease PROOF NFTs in circulation via burning Oddities. Personally, I think PROOF is wise to keep their ecosystem intertwined as such for possible future developments, but I remember Luna and I know I could be wrong, we’ll see. 3. $Talons Talons are coming apparently. It seems like this will be a token-esque points-based system of rewards for nesters of Moonbirds. The longer you hold your Moonbird, the more talons you accrue over time. NFT projects launching tokens have not exactly had a great track record so far. But if it does work out, it could be one more reason to hold on to your Moonbirds. CONCLUSION So, what exactly do you buy when you buy a Moonbird? Well, mostly you buy exclusivity, but there are limited spots so it’s scarce exclusivity. Of course, this is only valuable if this exclusivity means something to the wider public. If other people want a seat at the table then your seat at the table is valuable. It’s both very similar and very different from say buying and holding ETH. Very similar in that you buy and hold both in anticipation of future rewards, and that public perception is a decider of the value of both (although to varying extents I’d imagine). But it’s very different in that the value of ETH is directly related to the success of the product Ethereum sells, namely block space. If more projects want to be located on Ethereum, that makes ETH more valuable. In the case of Moonbirds, the product being sold is not so clear. Is it the NFT itself? If so what makes the NFT valuable? The problem I see is this: Why should anyone want a seat at the Moonbird table? Right now the only answer I can see is that other people also want a seat at the table! It’s like an ouroboros in a never-ending circle, very much like the relationship between LUNA and UST which ultimately destroyed both of them. All this could change overnight of course, If Moonbirds suddenly become the only way to get into the super bowl, they’ll obviously become a whole lot more valuable. So exclusivity itself might not be a problem, the problem may lie in the status/value of what is being gated. But maybe I just don’t get pfp NFTs. Maybe. NFTs Sell A Scarcity Of Exclusivity was originally published in CryptoStars on Medium, where people are continuing the conversation by highlighting and responding to this story.

NFTs Sell a Scarcity of Exclusivity

What exactly do you buy when you purchase an NFT? Especially a pfp NFT? A Moonbirds-inspired meditation.

Moonbirds owl NFTs (Image courtesy: Blockhead)

Why do people pay insane amounts of money for pfp NFTs?

This question has been on my mind a lot lately, especially with the recent Azuki debacle which generated a lot of debate on Crypto Twitter. In order to attempt to answer this question I went down a Moonbirds rabbit hole trying to learn all I could about the project and making notes along the way. These are those notes, mostly unedited.

MOONBIRDS

Moonbirds is an NFT project consisting of owl-themed NFTs launched by PROOF Collective, one of the more famous groups in the NFT space. The general Moonbirds structure itself is pretty simple:

1. 10,000 Moonbirds

There are 10,000 unique Moonbirds NFTs, each with a unique combination of traits and sub-traits. There are several of these traits to choose from and combine for each bird. All Moonbirds are fully “in-chain,” and they all have custom backgrounds.

Scarcity and differentiation. You can buy a Moonbird but there will only ever be 10,000 Moonbirds thereby ensuring scarcity. And each Moonbird has a unique set of traits entrenching this scarcity even further, you can buy a Moonbird but if you want a particular one with certain particular traits then you are likely going to have to pay more.

2. Nesting

This feature is very similar to staking in the DeFi space and the idea is the same, you hold your Moonbirds for as long as possible and the longer you hold your Moonbirds the more rewards you get.

This is something I find quite interesting actually because the rewards aren’t exactly anything special (socks, a snapback, branded merch generally). This is obviously supposed to get people to hold on to their Moonbirds instead of selling them off but the incentives are not exactly the greatest.

(Addendum: The upcoming Mythics NFT project will only be initially available to long-time Moonbirds nesters. This means that another reason to hold/nest would be access to future potential projects and experiences.)

The benefits of nesting right now are not that great. But this represents one area the project can leverage for future growth. Increasing the value of nesting rewards will increase both the price of Moonbirds and the likelihood that people will hold them for a long time because they are anticipating rewards.

3. Sub-parliaments.

In their own words, “A whole host of community-created sub-groups, ranging from trait-based collectives to regional or shared interest groups.” Bird holders with different traits can join special sub-parliaments for birds with those traits, or you could join a sub-parliament with other people from a geographic location, and so on.

Even more exclusivity. Your NFT opens up the possibility of joining these sub-parliaments. The value of joining a sub-parliament we cannot be sure about because they are closed off. But, if joining sub-parliaments becomes really important to people, the price of Moonbirds will probably increase to match demand.

4. The Lunar Society.

This is the name of the DAO-like organisation (they say they are not a DAO!) which oversees the Moonbirds project. The Lunar Society also oversees the aforementioned Mythics NFT project, another project by PROOF Collective, the entity that created Moonbirds. Moonbirds holders are officially members of the Lunar Society (Exclusivity).

Moonbirds holders can bring up proposals and vote on proposals deciding how to spend the money from the Lunar Society treasury (Power). This money is typically spent on projects that are aligned with the Moonbirds brand and that will increase the reach, visibility and brand recognition of the Moonbirds brand (Returns; if the brand gets more valuable, you win if you own a Moonbird).

So far votes passed by the Lunar Society include voting to let an Airbnb cabin owned by a Moonbirds owner use the Moonbirds/Lunar Society trademark and giving $13,000 to Healthybirds, a health and wellness brand. (As always the problem with these things is how to measure ROI on them, but that’s alright for now, they’ll experiment and hopefully get better).

Exclusive events. Moonbirds holders also get a free pass to exclusive events by the Lunar Society. And in a world where NFT projects are beginning to purchase sports teams (hello DeGods), that exclusivity can become really valuable really quickly, which could be fun. There’s also the opportunity for the Lunar Society and Moonbirds to go the ETH conferences path and just let people who own Moonbirds in several places do up Moonbirds-themed events to increase brand awareness and foster connectivity. (Grow brand awareness and make the overall brand more valuable.)

A FEW MORE THINGS

Some interesting developments to keep an eye out for in the Moonbirds ecosystem right now include:

1. The CC0

Moonbirds are now in the public domain.

The project founder Kevin Rose has said that the popular owl-themed NFTs would be moving to a CC0 public license along with Oddities, their companion collection. “You’re now free to use any Moonbirds and Oddities art in any way you see fit — forever,” he tweeted. A Moonbirds DAO will be formed to oversee licensing of the Moonbirds and Oddities trademarks.

What the effects of this announcement will be in the long run is not yet clear but I imagine it should serve to increase brand awareness as Moonbirds-themed projects proliferate. We will see.

2. Mythics

From the same studio that brought you Moonbirds comes a new NFT project: Mythics.

What’s interesting is that there are only two ways to get a Mythic, you can burn an Oddity (another PROOF Collective NFT project), or you can receive them as a reward for your nested Moonbirds. So far Mythics just offer you a gateway into the PROOF Discord and all that, nothing astonishingly new as of yet. However, it does provide a reason to hold Moonbirds as well as decrease PROOF NFTs in circulation via burning Oddities.

Personally, I think PROOF is wise to keep their ecosystem intertwined as such for possible future developments, but I remember Luna and I know I could be wrong, we’ll see.

3. $Talons

Talons are coming apparently. It seems like this will be a token-esque points-based system of rewards for nesters of Moonbirds. The longer you hold your Moonbird, the more talons you accrue over time. NFT projects launching tokens have not exactly had a great track record so far. But if it does work out, it could be one more reason to hold on to your Moonbirds.

CONCLUSION

So, what exactly do you buy when you buy a Moonbird? Well, mostly you buy exclusivity, but there are limited spots so it’s scarce exclusivity. Of course, this is only valuable if this exclusivity means something to the wider public. If other people want a seat at the table then your seat at the table is valuable.

It’s both very similar and very different from say buying and holding ETH. Very similar in that you buy and hold both in anticipation of future rewards, and that public perception is a decider of the value of both (although to varying extents I’d imagine).

But it’s very different in that the value of ETH is directly related to the success of the product Ethereum sells, namely block space. If more projects want to be located on Ethereum, that makes ETH more valuable. In the case of Moonbirds, the product being sold is not so clear. Is it the NFT itself? If so what makes the NFT valuable?

The problem I see is this: Why should anyone want a seat at the Moonbird table? Right now the only answer I can see is that other people also want a seat at the table! It’s like an ouroboros in a never-ending circle, very much like the relationship between LUNA and UST which ultimately destroyed both of them.

All this could change overnight of course, If Moonbirds suddenly become the only way to get into the super bowl, they’ll obviously become a whole lot more valuable. So exclusivity itself might not be a problem, the problem may lie in the status/value of what is being gated.

But maybe I just don’t get pfp NFTs. Maybe.

NFTs Sell A Scarcity Of Exclusivity was originally published in CryptoStars on Medium, where people are continuing the conversation by highlighting and responding to this story.
Fighting Crypto Money Launderers Without RegulatorsOne of the main concerns that governments, regulators, and law enforcement have about cryptocurrencies is the use of crypto to move money for illegal purposes. Money laundering and the financing of terrorism have brought about know-your-customer laws for many businesses. Regulators have cracked down on crypto exchanges, fining companies like BitMEX and Binance for not having a sufficient KYC process. While exchanges are subject to strict KYC rules, DeFi smart contracts operate without the same rules. Agencies fighting crypto money laundering without regulators is likely quite common and very much out of sight. <a href="https://medium.com/media/0cdd28ed6ae08f8cec214c0110d43662/href">https://medium.com/media/0cdd28ed6ae08f8cec214c0110d43662/href</a> Get Better at Projecting Price Targets. Free Video Shows How. Crypto Helps Terrorists and Organized Crime Finance Their Operations A problem for governmental agencies wishing to protect their citizens from criminals and terrorists is hidden financing of their operations. Years ago countries like Panama were infamous for helping people and organizations hide money, avoid taxes, launder drug profits, and even finance terrorist activities. Bit by bit these operations have been shut down by other nations exerting economic pressure. Crypto remains an avenue for individuals and organizations to hide money, move money, avoid taxes, and do bad things. Is it possible to stop any of this? Make Better Decisions when Trading Wedge Breakouts The Blockchain Does Not Forget or Hide Information When someone buys or sells cryptocurrencies the blockchain does not necessarily record a name or government ID. Changelly, ChangeNow, and Cex.io allow purchase and sale of Bitcoin without any ID. Binance requires only a photo ID and documentation required for Paybis is minimal. As a rule, those who go this route pay five to ten percent extra. The problem for anyone going this route to hide their transactions is that it is impossible to completely cover one’s tracks in the blockchain. It is transparent and does not forget. Israel Confiscates Iranian Crypto Assets An article in the Jerusalem Post states that Israel seized millions in Iran Quds Force and Hezbollah crypto assets. The US, Canada, Israel and others have designated the Iran Quds Force a terrorist organization as well as Hezbollah. A division of the Israeli military working with Mossad, their intelligence agency, pulled off the largest (announced) seizure of terrorist assets ever for their agencies. There is, obviously, no mention of how they did this or any of the techniques involved. Nevertheless, we have seen US law enforcement agencies watch for years for specific wallets to become active and then move on them. The point of this example is that it is not just the hackers around the world who can enter crypto blockchains and seize assets. Governmental agencies can do this as well and not have to deal with difficult legal matters or lawsuits. An Old Conversation That Applies to Today’s Crypto and Money Launderers This writer recalls a conversation years ago in the country of Panama. It was with a young man, an employee of a major US bank with branches around the world. He came to Panama every month and spent a week on site “looking at the books.” This was before European regulators forced Panama to make its banking system more transparent. This was when people came to Panama, opened an account, and hid money in what was considered to be an ideal location where there was complete banking privacy. To make a long story short, the young man admitted, when I asked him, that he was able to see all of the bank accounts in their and other banks in Panama. His organization was not interested in someone from Omaha hiding $100,000 from their ex-wife or IRS. They were interested in tracking drug money coming in and out of Colombia and the use of Panamanian banks by terrorists operating out of the Middle East. They commonly did nothing right away with the information that they gained. Rather they waited patiently and acted at a time and manner of their choosing. Is it this writer’s suspicion that this sort of watching and waiting and fighting crypto money launderers without regulations takes place every day in crypto and is only announced when it will not impede current operations. Video: The Profit-Making Magic of Candlestick Patterns at Major Moving Averages Originally published at https://profitableinvestingtips.com on July 6, 2023. Fighting Crypto Money Launderers Without Regulators was originally published in CryptoStars on Medium, where people are continuing the conversation by highlighting and responding to this story.

Fighting Crypto Money Launderers Without Regulators

One of the main concerns that governments, regulators, and law enforcement have about cryptocurrencies is the use of crypto to move money for illegal purposes. Money laundering and the financing of terrorism have brought about know-your-customer laws for many businesses. Regulators have cracked down on crypto exchanges, fining companies like BitMEX and Binance for not having a sufficient KYC process. While exchanges are subject to strict KYC rules, DeFi smart contracts operate without the same rules. Agencies fighting crypto money laundering without regulators is likely quite common and very much out of sight.

<a href="https://medium.com/media/0cdd28ed6ae08f8cec214c0110d43662/href">https://medium.com/media/0cdd28ed6ae08f8cec214c0110d43662/href</a> Get Better at Projecting Price Targets. Free Video Shows How. Crypto Helps Terrorists and Organized Crime Finance Their Operations

A problem for governmental agencies wishing to protect their citizens from criminals and terrorists is hidden financing of their operations. Years ago countries like Panama were infamous for helping people and organizations hide money, avoid taxes, launder drug profits, and even finance terrorist activities. Bit by bit these operations have been shut down by other nations exerting economic pressure. Crypto remains an avenue for individuals and organizations to hide money, move money, avoid taxes, and do bad things. Is it possible to stop any of this?

Make Better Decisions when Trading Wedge Breakouts The Blockchain Does Not Forget or Hide Information

When someone buys or sells cryptocurrencies the blockchain does not necessarily record a name or government ID. Changelly, ChangeNow, and Cex.io allow purchase and sale of Bitcoin without any ID. Binance requires only a photo ID and documentation required for Paybis is minimal. As a rule, those who go this route pay five to ten percent extra. The problem for anyone going this route to hide their transactions is that it is impossible to completely cover one’s tracks in the blockchain. It is transparent and does not forget.

Israel Confiscates Iranian Crypto Assets

An article in the Jerusalem Post states that Israel seized millions in Iran Quds Force and Hezbollah crypto assets. The US, Canada, Israel and others have designated the Iran Quds Force a terrorist organization as well as Hezbollah. A division of the Israeli military working with Mossad, their intelligence agency, pulled off the largest (announced) seizure of terrorist assets ever for their agencies. There is, obviously, no mention of how they did this or any of the techniques involved. Nevertheless, we have seen US law enforcement agencies watch for years for specific wallets to become active and then move on them. The point of this example is that it is not just the hackers around the world who can enter crypto blockchains and seize assets. Governmental agencies can do this as well and not have to deal with difficult legal matters or lawsuits.

An Old Conversation That Applies to Today’s Crypto and Money Launderers

This writer recalls a conversation years ago in the country of Panama. It was with a young man, an employee of a major US bank with branches around the world. He came to Panama every month and spent a week on site “looking at the books.” This was before European regulators forced Panama to make its banking system more transparent. This was when people came to Panama, opened an account, and hid money in what was considered to be an ideal location where there was complete banking privacy. To make a long story short, the young man admitted, when I asked him, that he was able to see all of the bank accounts in their and other banks in Panama. His organization was not interested in someone from Omaha hiding $100,000 from their ex-wife or IRS. They were interested in tracking drug money coming in and out of Colombia and the use of Panamanian banks by terrorists operating out of the Middle East. They commonly did nothing right away with the information that they gained. Rather they waited patiently and acted at a time and manner of their choosing. Is it this writer’s suspicion that this sort of watching and waiting and fighting crypto money launderers without regulations takes place every day in crypto and is only announced when it will not impede current operations.

Video: The Profit-Making Magic of Candlestick Patterns at Major Moving Averages

Originally published at https://profitableinvestingtips.com on July 6, 2023.

Fighting Crypto Money Launderers Without Regulators was originally published in CryptoStars on Medium, where people are continuing the conversation by highlighting and responding to this story.
Metaverse Avatar Development: Unlocking the Possibilities! Introduction In the ever-evolving landscape of technology, the concept of the metaverse has gained significant attention. With the rapid advancement in virtual reality (VR) and augmented reality (AR) technologies, the metaverse has become a fascinating realm where users can interact, explore, and create their own digital identities. At the heart of this immersive experience lies the metaverse avatar, a virtual representation of oneself. In this article, we delve into the world of metaverse avatar development, exploring its intricacies, challenges, and the immense potential it holds for individuals and businesses alike. Metaverse Avatar Development: Empowering Digital Identity What is a Metaverse Avatar? In the metaverse, an avatar serves as a virtual representation of an individual within the digital realm. It allows users to embody a persona of their choosing, enabling them to interact with others and navigate the metaverse with ease. Avatars can range from lifelike representations to imaginative creatures, granting users the freedom to express their creativity and individuality. The Evolution of Metaverse Avatars Metaverse avatar development has come a long way since its inception. In the early stages of virtual worlds, avatars were often limited to basic customization options, offering a limited range of choices for users. However, with advancements in technology, avatars have become more sophisticated and customizable. From realistic facial features to intricate body movements, avatars now offer an immersive and lifelike experience, blurring the boundaries between the physical and digital realms. The Role of Metaverse Avatars in Social Interaction One of the key aspects of the metaverse is its social nature, allowing individuals to connect, communicate, and collaborate with others. Metaverse avatars play a vital role in facilitating these interactions by providing a visual representation of oneself. Through avatars, users can engage in conversations, attend virtual events, and form communities, fostering a sense of belonging and camaraderie within the metaverse. Metaverse Avatar Development: Unlocking Creativity Customization and Personalization Metaverse avatar development offers a myriad of customization options, empowering users to create avatars that align with their desired aesthetics and personalities. From choosing facial features, hairstyles, and clothing to incorporating unique accessories and attributes, the possibilities are endless. This level of customization allows individuals to truly express their creativity and stand out in the digital realm. Enhancing Expression through Animation In addition to visual customization, metaverse avatars also offer the ability to animate and express emotions. Through motion-capture technology and advanced animation techniques, avatars can mimic real-life movements and gestures, enabling users to convey their emotions and engage in realistic interactions. This dynamic aspect of metaverse avatar development adds depth and authenticity to the virtual experience. Cross-Platform Integration With the metaverse expanding across various platforms and devices, the development of avatars has evolved to encompass cross-platform integration. Users can now seamlessly transition between different virtual environments, taking their avatars with them. This interoperability not only enhances user convenience but also promotes a cohesive and immersive metaverse experience. Metaverse Avatar Development: Applications and Opportunities Entertainment and Gaming The entertainment industry has embraced metaverse avatar development as a means to enhance the gaming experience. Avatars serve as the player’s digital alter ego, enabling them to embark on virtual adventures, compete with others, and explore vast digital worlds. The integration of metaverse avatars in gaming has revolutionized the industry, blurring the lines between reality and fiction. Virtual Commerce and Retail The metaverse has opened up new avenues for businesses to engage with their customers through metaverse avatars. Virtual stores and marketplaces allow users to browse, try on virtual clothing, and make purchases, all within the immersive metaverse environment. By leveraging avatars, brands can provide personalized shopping experiences and establish deeper connections with their audience. Education and Training Metaverse avatar development also holds immense potential in the field of education and training. Virtual classrooms and training simulations can be enriched by the presence of avatars, offering students and professionals a more engaging and interactive learning experience. Avatars can facilitate role-playing scenarios, promote collaboration, and provide a platform for practical skill development. FAQs about Metaverse Avatar Development 1. What skills are required for metaverse avatar development? Metaverse avatar development encompasses a range of skills, including 3D modeling, animation, rigging, and knowledge of virtual reality platforms. Proficiency in software such as Unity or Unreal Engine is often necessary to create and optimize avatars for the metaverse. 2. Can I use my own face for a metaverse avatar? Yes, many platforms and tools allow users to scan their own faces and create avatars that closely resemble them. This adds a personal touch to the virtual representation and enhances the feeling of presence within the metaverse. 3. Are there any ethical concerns regarding metaverse avatars? As with any emerging technology, metaverse avatar development raises ethical considerations. Issues such as privacy, consent, and the potential for identity theft or misuse of avatars need to be addressed to ensure a safe and inclusive metaverse environment. 4. Can businesses benefit from metaverse avatars? Absolutely. Businesses can leverage metaverse avatars to enhance their branding, engage with customers in virtual environments, and provide unique and immersive experiences. Avatars can serve as brand ambassadors, enabling businesses to establish a strong presence within the metaverse. 5. What is the future of metaverse avatar development? The future of metaverse avatar development is promising. As technology continues to advance, we can expect more realistic and customizable avatars, seamless cross-platform integration, and increased integration with artificial intelligence. The metaverse will continue to evolve, offering endless possibilities for avatar development. 6. How can I get started with metaverse avatar development? To get started with metaverse avatar development, familiarize yourself with 3D modeling software, learn the basics of animation, and explore virtual reality platforms. Join online communities and forums dedicated to avatar development to learn from experts and stay updated with the latest trends and techniques. Conclusion Metaverse avatar development is a fascinating field that empowers individuals to explore new digital frontiers and express their creativity. As the metaverse continues to evolve and expand, the development of lifelike, customizable avatars will play a pivotal role in shaping the future of virtual interactions, entertainment, and commerce. By embracing the potential of metaverse avatar development, individuals and businesses can unlock a world of endless possibilities within the digital realm. Metaverse Avatar Development: Unlocking the Possibilities! was originally published in CryptoStars on Medium, where people are continuing the conversation by highlighting and responding to this story.

Metaverse Avatar Development: Unlocking the Possibilities!

Introduction

In the ever-evolving landscape of technology, the concept of the metaverse has gained significant attention. With the rapid advancement in virtual reality (VR) and augmented reality (AR) technologies, the metaverse has become a fascinating realm where users can interact, explore, and create their own digital identities. At the heart of this immersive experience lies the metaverse avatar, a virtual representation of oneself. In this article, we delve into the world of metaverse avatar development, exploring its intricacies, challenges, and the immense potential it holds for individuals and businesses alike.

Metaverse Avatar Development: Empowering Digital Identity

What is a Metaverse Avatar?

In the metaverse, an avatar serves as a virtual representation of an individual within the digital realm. It allows users to embody a persona of their choosing, enabling them to interact with others and navigate the metaverse with ease. Avatars can range from lifelike representations to imaginative creatures, granting users the freedom to express their creativity and individuality.

The Evolution of Metaverse Avatars

Metaverse avatar development has come a long way since its inception. In the early stages of virtual worlds, avatars were often limited to basic customization options, offering a limited range of choices for users. However, with advancements in technology, avatars have become more sophisticated and customizable. From realistic facial features to intricate body movements, avatars now offer an immersive and lifelike experience, blurring the boundaries between the physical and digital realms.

The Role of Metaverse Avatars in Social Interaction

One of the key aspects of the metaverse is its social nature, allowing individuals to connect, communicate, and collaborate with others. Metaverse avatars play a vital role in facilitating these interactions by providing a visual representation of oneself. Through avatars, users can engage in conversations, attend virtual events, and form communities, fostering a sense of belonging and camaraderie within the metaverse.

Metaverse Avatar Development: Unlocking Creativity

Customization and Personalization

Metaverse avatar development offers a myriad of customization options, empowering users to create avatars that align with their desired aesthetics and personalities. From choosing facial features, hairstyles, and clothing to incorporating unique accessories and attributes, the possibilities are endless. This level of customization allows individuals to truly express their creativity and stand out in the digital realm.

Enhancing Expression through Animation

In addition to visual customization, metaverse avatars also offer the ability to animate and express emotions. Through motion-capture technology and advanced animation techniques, avatars can mimic real-life movements and gestures, enabling users to convey their emotions and engage in realistic interactions. This dynamic aspect of metaverse avatar development adds depth and authenticity to the virtual experience.

Cross-Platform Integration

With the metaverse expanding across various platforms and devices, the development of avatars has evolved to encompass cross-platform integration. Users can now seamlessly transition between different virtual environments, taking their avatars with them. This interoperability not only enhances user convenience but also promotes a cohesive and immersive metaverse experience.

Metaverse Avatar Development: Applications and Opportunities

Entertainment and Gaming

The entertainment industry has embraced metaverse avatar development as a means to enhance the gaming experience. Avatars serve as the player’s digital alter ego, enabling them to embark on virtual adventures, compete with others, and explore vast digital worlds. The integration of metaverse avatars in gaming has revolutionized the industry, blurring the lines between reality and fiction.

Virtual Commerce and Retail

The metaverse has opened up new avenues for businesses to engage with their customers through metaverse avatars. Virtual stores and marketplaces allow users to browse, try on virtual clothing, and make purchases, all within the immersive metaverse environment. By leveraging avatars, brands can provide personalized shopping experiences and establish deeper connections with their audience.

Education and Training

Metaverse avatar development also holds immense potential in the field of education and training. Virtual classrooms and training simulations can be enriched by the presence of avatars, offering students and professionals a more engaging and interactive learning experience. Avatars can facilitate role-playing scenarios, promote collaboration, and provide a platform for practical skill development.

FAQs about Metaverse Avatar Development

1. What skills are required for metaverse avatar development?

Metaverse avatar development encompasses a range of skills, including 3D modeling, animation, rigging, and knowledge of virtual reality platforms. Proficiency in software such as Unity or Unreal Engine is often necessary to create and optimize avatars for the metaverse.

2. Can I use my own face for a metaverse avatar?

Yes, many platforms and tools allow users to scan their own faces and create avatars that closely resemble them. This adds a personal touch to the virtual representation and enhances the feeling of presence within the metaverse.

3. Are there any ethical concerns regarding metaverse avatars?

As with any emerging technology, metaverse avatar development raises ethical considerations. Issues such as privacy, consent, and the potential for identity theft or misuse of avatars need to be addressed to ensure a safe and inclusive metaverse environment.

4. Can businesses benefit from metaverse avatars?

Absolutely. Businesses can leverage metaverse avatars to enhance their branding, engage with customers in virtual environments, and provide unique and immersive experiences. Avatars can serve as brand ambassadors, enabling businesses to establish a strong presence within the metaverse.

5. What is the future of metaverse avatar development?

The future of metaverse avatar development is promising. As technology continues to advance, we can expect more realistic and customizable avatars, seamless cross-platform integration, and increased integration with artificial intelligence. The metaverse will continue to evolve, offering endless possibilities for avatar development.

6. How can I get started with metaverse avatar development?

To get started with metaverse avatar development, familiarize yourself with 3D modeling software, learn the basics of animation, and explore virtual reality platforms. Join online communities and forums dedicated to avatar development to learn from experts and stay updated with the latest trends and techniques.

Conclusion

Metaverse avatar development is a fascinating field that empowers individuals to explore new digital frontiers and express their creativity. As the metaverse continues to evolve and expand, the development of lifelike, customizable avatars will play a pivotal role in shaping the future of virtual interactions, entertainment, and commerce. By embracing the potential of metaverse avatar development, individuals and businesses can unlock a world of endless possibilities within the digital realm.

Metaverse Avatar Development: Unlocking the Possibilities! was originally published in CryptoStars on Medium, where people are continuing the conversation by highlighting and responding to this story.
Bitcoin’s Global Use CasesA correspondent’s dispatch from the Caribbean holds important lessons for crypto fans and skeptics alike. A streetscape in Havana, which is becoming a hub for bitcoin adoption due to Cuba’s ongoing economic crisis. Photo by Alexander Kunze via  Unsplash Cointelegraph’s Joe Hall just returned from Cuba, where he attended the island’s first big bitcoin meetup. (Or at least the first one at which an English-language journalist with a video camera was present.) Hall’s report from the trip is eye-opening stuff indeed. In particular, I recommend it to anyone from a rich country who has a strong opinion on bitcoin, pro or con. <a href="https://medium.com/media/bc3c680c7e9c582fc0247422fe4224bd/href">https://medium.com/media/bc3c680c7e9c582fc0247422fe4224bd/href</a> Why it matters: Cuba is undergoing a serious economic crisis, including a sharp currency devaluation. Reuters reported last month that inflation is running at 45% a year, with the Cuban peso recently changing hands at 230 pesos to one U.S. dollar. That sort of instability wreaks havoc on every aspect of daily economic life, from buying groceries to retirement saving. We’ve seen similar narratives in other troubled countries that have had heavy bitcoin adoption like Argentina and Venezuela. In places like the U.S., where I live, such dire scenarios are pretty much unfathomable. We tend to take for granted that the dollar reigns supreme as a store of value, that it’s widely accepted for payments, that the nearest bank branch will open on time everyday, and that our deposits will be safe there when we need them. For bitcoin skeptics in the rich world, it’s worth remembering that not everyone enjoys such everyday certainties. And some people who don’t might seek out an alternative monetary system like the Bitcoin network, for perfectly rational reasons. For pro-bitcoiners as well, it’s worth noting that several real-world monetary crises like Cuba’s exist right now. Perhaps it would be a more effective argument to win people over to bitcoin to point out these very tangible situations versus theorizing about how the dominant USD-based banking system is headed toward collapse ANY DAY NOW. Hey, you might eventually prove right about the latter. I’ve criticized the USD-based system myself at times. But it’s unavoidable that people tend to believe more readily in what they can see with their own two eyes today. So show them, as Hall deftly did in Cuba. Don’t merely tell. This post was adapted from my free email newsletter #Web3Weekly. To get the full version in your inbox every Sunday, including additional headlines about decentralization from around the internet, please subscribe here. Bitcoin’s global use cases was originally published in CryptoStars on Medium, where people are continuing the conversation by highlighting and responding to this story.

Bitcoin’s Global Use Cases

A correspondent’s dispatch from the Caribbean holds important lessons for crypto fans and skeptics alike.

A streetscape in Havana, which is becoming a hub for bitcoin adoption due to Cuba’s ongoing economic crisis. Photo by Alexander Kunze via  Unsplash

Cointelegraph’s Joe Hall just returned from Cuba, where he attended the island’s first big bitcoin meetup. (Or at least the first one at which an English-language journalist with a video camera was present.)

Hall’s report from the trip is eye-opening stuff indeed. In particular, I recommend it to anyone from a rich country who has a strong opinion on bitcoin, pro or con.

<a href="https://medium.com/media/bc3c680c7e9c582fc0247422fe4224bd/href">https://medium.com/media/bc3c680c7e9c582fc0247422fe4224bd/href</a>

Why it matters: Cuba is undergoing a serious economic crisis, including a sharp currency devaluation. Reuters reported last month that inflation is running at 45% a year, with the Cuban peso recently changing hands at 230 pesos to one U.S. dollar.

That sort of instability wreaks havoc on every aspect of daily economic life, from buying groceries to retirement saving. We’ve seen similar narratives in other troubled countries that have had heavy bitcoin adoption like Argentina and Venezuela.

In places like the U.S., where I live, such dire scenarios are pretty much unfathomable. We tend to take for granted that the dollar reigns supreme as a store of value, that it’s widely accepted for payments, that the nearest bank branch will open on time everyday, and that our deposits will be safe there when we need them.

For bitcoin skeptics in the rich world, it’s worth remembering that not everyone enjoys such everyday certainties. And some people who don’t might seek out an alternative monetary system like the Bitcoin network, for perfectly rational reasons.

For pro-bitcoiners as well, it’s worth noting that several real-world monetary crises like Cuba’s exist right now. Perhaps it would be a more effective argument to win people over to bitcoin to point out these very tangible situations versus theorizing about how the dominant USD-based banking system is headed toward collapse ANY DAY NOW.

Hey, you might eventually prove right about the latter. I’ve criticized the USD-based system myself at times. But it’s unavoidable that people tend to believe more readily in what they can see with their own two eyes today.

So show them, as Hall deftly did in Cuba. Don’t merely tell.

This post was adapted from my free email newsletter #Web3Weekly. To get the full version in your inbox every Sunday, including additional headlines about decentralization from around the internet, please subscribe here.

Bitcoin’s global use cases was originally published in CryptoStars on Medium, where people are continuing the conversation by highlighting and responding to this story.
White Label Crypto Exchange Software Development in 2023! White Label Crypto Exchange Software Development As commonly understood, creating a top-tier cryptocurrency exchange platform from the ground up requires more than half of the year for development time. Additionally, the expense involved in building it from scratch is significantly higher when compared to one using white label crypto exchange software development. Also, in the current landscape, the majority of individuals lean towards the white label approach when launching a cryptocurrency exchange venture. If you’re unfamiliar with this method, you may find yourself with numerous queries in your mind. Let’s delve into what white label cryptocurrency exchange software is and explore other critical aspects in this blog post. Let’s begin! What is White Label Crypto Exchange Software Development? White label crypto exchange software development is a creation of highly adaptable trading software equipped with a wide array of features, allowing startups to rebrand it and make it their own. This software enables users to customize and incorporate desired trading modules to suit their specific business requirements. The white label crypto exchange software can be easily customized by changing the brand, logo, front-end design, themes, functionalities, and even integrating unique ideas. Additionally, it offers various components such as a robust matching engine, a user-friendly interface, APIs, a cryptocurrency wallet, and multiple payment processing options. Ultimately, the primary goal of white label crypto exchange development is to offer a comprehensive solution to startups seeking to launch a fully operational cryptocurrency exchange platform tailored to their business needs. When selecting the right solution, it’s crucial to exercise caution in choosing the cryptocurrency exchange development company, as they are the ones who can provide the best customization and additional services for launching your trading platform. Key Components of White Label Crypto Exchange Software Development The white label cryptocurrency exchange software development encompasses several crucial features and components. These essential elements are vital for creating a top-notch solution for your business. The following is a list of indispensable components: Admin/User Dashboard Cryptocurrency Wallet Integration Trade Matching Engine IEO Launchpad User-Friendly UI/UX Design Interface Secure Login Mechanism Liquidity and API Integration Crypto and Fiat Transaction Processing Support for Multiple Currency Pairings Referral Program Engine Multi-Language Support Trade Pair Management Auto Withdrawal Limit Setting Reporting Functionality Security Features of White Label Cryptocurrency Exchange Software Development Given the paramount importance of security in the cryptocurrency exchange realm, we offer comprehensive security features to protect against cyber threats and malicious activities. These security measures include: HTTP Authentication Biometric Authentication Database Encryption Two-factor Authentication (2FA) DDoS Attack Mitigation Anti-Phishing Software Multi-Signature Vaults SSL Integration Browser Detection Security These core features and security measures collectively ensure a robust and secure crypto exchange platform. Moreover, they can be easily tailored to meet your specific business requirements. Reason to Go For White Label Cryptocurrency Exchange Software Seamlessly Tailor Your Brand: Customize your preferred theme, company logo, name, and other front-end designs to align with your business requirements effortlessly and swiftly. Effortless Customization: The premium software offers a user-friendly and smooth customization experience. Enhanced Brand Visibility: Establish and elevate your brand’s presence in the global cryptocurrency market with ease, eliminating any complications. Hassle-Free Trading: Provide your users with a seamless trading experience for major cryptocurrencies and tokens like Bitcoin, Ethereum, Tether, Cardano, Polkadot, Dash, EOS, and more. Swift and Secure Transactions: Enable your users to execute cryptocurrency transactions instantly and securely. Time and Cost Efficiency: Launching your cryptocurrency exchange platform can save you both time and hard-earned money. Free Server Deployment and Configuration: Enjoy cost-free server deployment and configuration for your white label crypto exchange software. Simple Bug-Free Deployment: The deployment of bug-free software is straightforward and hassle-free. 24/7 Technical and Customer Support: Benefit from round-the-clock technical and customer support through the internet from an experienced team. Lifetime Bug-Free Assistance: Receive ongoing support for bug-related issues throughout the lifetime of your software. Top-Notch Security: Access the latest technical features and robust security mechanisms as part of the package. To access these numerous advantages of your software, it is essential to obtain it from a reputable white label cryptocurrency exchange software development company. What is White Label Crypto Exchange Software Cost? The white-label Crypto Exchange Software Cost typically starts at approximately $8,000 and the total development cost may fluctuate depending on your specific business requirements. Through our customization offerings, you have the opportunity to personalize aspects such as the theme, name, logo, and other design elements, enabling your exchange to distinguish itself from competitors within the cryptocurrency market. This differentiation has the potential to attract a substantial number of users to your platform, allowing you to rapidly expand your user base. Additionally, our software can be a valuable asset for startups and entrepreneurs, offering the potential for significant financial gains. Final Words Up until now, we’ve covered the basics, explored the motivations behind using white label exchange software to build a cryptocurrency exchange, and explored the associated features. Hope this blog post helps you make an informed choice when it comes to choosing the most advanced and feature-rich white label cryptocurrency exchange software to start your exchange venture with. However, I strongly recommend that you carefully select a suitable cryptocurrency exchange development company before purchasing. White Label Crypto Exchange Software Development in 2023! was originally published in CryptoStars on Medium, where people are continuing the conversation by highlighting and responding to this story.

White Label Crypto Exchange Software Development in 2023!

White Label Crypto Exchange Software Development

As commonly understood, creating a top-tier cryptocurrency exchange platform from the ground up requires more than half of the year for development time. Additionally, the expense involved in building it from scratch is significantly higher when compared to one using white label crypto exchange software development.

Also, in the current landscape, the majority of individuals lean towards the white label approach when launching a cryptocurrency exchange venture. If you’re unfamiliar with this method, you may find yourself with numerous queries in your mind.

Let’s delve into what white label cryptocurrency exchange software is and explore other critical aspects in this blog post.

Let’s begin!

What is White Label Crypto Exchange Software Development?

White label crypto exchange software development is a creation of highly adaptable trading software equipped with a wide array of features, allowing startups to rebrand it and make it their own. This software enables users to customize and incorporate desired trading modules to suit their specific business requirements.

The white label crypto exchange software can be easily customized by changing the brand, logo, front-end design, themes, functionalities, and even integrating unique ideas. Additionally, it offers various components such as a robust matching engine, a user-friendly interface, APIs, a cryptocurrency wallet, and multiple payment processing options.

Ultimately, the primary goal of white label crypto exchange development is to offer a comprehensive solution to startups seeking to launch a fully operational cryptocurrency exchange platform tailored to their business needs.

When selecting the right solution, it’s crucial to exercise caution in choosing the cryptocurrency exchange development company, as they are the ones who can provide the best customization and additional services for launching your trading platform.

Key Components of White Label Crypto Exchange Software Development

The white label cryptocurrency exchange software development encompasses several crucial features and components. These essential elements are vital for creating a top-notch solution for your business. The following is a list of indispensable components:

Admin/User Dashboard

Cryptocurrency Wallet Integration

Trade Matching Engine

IEO Launchpad

User-Friendly UI/UX Design Interface

Secure Login Mechanism

Liquidity and API Integration

Crypto and Fiat Transaction Processing

Support for Multiple Currency Pairings

Referral Program Engine

Multi-Language Support

Trade Pair Management

Auto Withdrawal Limit Setting

Reporting Functionality

Security Features of White Label Cryptocurrency Exchange Software Development

Given the paramount importance of security in the cryptocurrency exchange realm, we offer comprehensive security features to protect against cyber threats and malicious activities. These security measures include:

HTTP Authentication

Biometric Authentication

Database Encryption

Two-factor Authentication (2FA)

DDoS Attack Mitigation

Anti-Phishing Software

Multi-Signature Vaults

SSL Integration

Browser Detection Security

These core features and security measures collectively ensure a robust and secure crypto exchange platform. Moreover, they can be easily tailored to meet your specific business requirements.

Reason to Go For White Label Cryptocurrency Exchange Software

Seamlessly Tailor Your Brand: Customize your preferred theme, company logo, name, and other front-end designs to align with your business requirements effortlessly and swiftly.

Effortless Customization: The premium software offers a user-friendly and smooth customization experience.

Enhanced Brand Visibility: Establish and elevate your brand’s presence in the global cryptocurrency market with ease, eliminating any complications.

Hassle-Free Trading: Provide your users with a seamless trading experience for major cryptocurrencies and tokens like Bitcoin, Ethereum, Tether, Cardano, Polkadot, Dash, EOS, and more.

Swift and Secure Transactions: Enable your users to execute cryptocurrency transactions instantly and securely.

Time and Cost Efficiency: Launching your cryptocurrency exchange platform can save you both time and hard-earned money.

Free Server Deployment and Configuration: Enjoy cost-free server deployment and configuration for your white label crypto exchange software.

Simple Bug-Free Deployment: The deployment of bug-free software is straightforward and hassle-free.

24/7 Technical and Customer Support: Benefit from round-the-clock technical and customer support through the internet from an experienced team.

Lifetime Bug-Free Assistance: Receive ongoing support for bug-related issues throughout the lifetime of your software.

Top-Notch Security: Access the latest technical features and robust security mechanisms as part of the package.

To access these numerous advantages of your software, it is essential to obtain it from a reputable white label cryptocurrency exchange software development company.

What is White Label Crypto Exchange Software Cost?

The white-label Crypto Exchange Software Cost typically starts at approximately $8,000 and the total development cost may fluctuate depending on your specific business requirements. Through our customization offerings, you have the opportunity to personalize aspects such as the theme, name, logo, and other design elements, enabling your exchange to distinguish itself from competitors within the cryptocurrency market.

This differentiation has the potential to attract a substantial number of users to your platform, allowing you to rapidly expand your user base. Additionally, our software can be a valuable asset for startups and entrepreneurs, offering the potential for significant financial gains.

Final Words

Up until now, we’ve covered the basics, explored the motivations behind using white label exchange software to build a cryptocurrency exchange, and explored the associated features.

Hope this blog post helps you make an informed choice when it comes to choosing the most advanced and feature-rich white label cryptocurrency exchange software to start your exchange venture with.

However, I strongly recommend that you carefully select a suitable cryptocurrency exchange development company before purchasing.

White Label Crypto Exchange Software Development in 2023! was originally published in CryptoStars on Medium, where people are continuing the conversation by highlighting and responding to this story.
Cost to Create BEP20 Tokens — Introduction GuideCost to Create BEP20 Tokens — Introduction Guide Cost to Create BEP20 Tokens How much does it cost to create a BEP20 token on the Binance smart chain? This is a very common question every startup has when it comes to Binance Token creation for their business. The truth is, that it entirely depends on your budget and business needs. In this blog, we will discuss in detail how much it costs to create BEP20 tokens on the Binance Smart Chain (BSC). Before that, you need to have a thorough understanding of this token standard. Also, it is crucial to know why, specifically, it is better for your business than other token standards. Here we go, What is the BEP20 Token? BEP20 token is a standard that acts as a blueprint for creating tokens which defines how they can be spent, who can spend them, and other rules for their usage. The acronym BEP stands for Binance Smart Chain Evolution Proposal whereas the number 20 denotes the guideline protocol for token creation BSC. Generally, BEP20 is a technical token standard used to create a bulk of fungible tokens with advanced functions and modules in the Binance smart chain. It provides a flexible framework for all blockchain developers to create and deploy a wide range of crypto tokens on the BSC blockchain. Also, this standard allows the creation of token contracts so any BEP20 tokens from crypto wallets to decentralized exchange (DEX) platforms can be used by another application in a consistent way. Due to these benefits, these tokens have high circulation in the market and become the best choice to integrate into the business. Apart from all these, there are some other reasons to choose the BEP20 token over others. Let’s see it now Why Choose the BEP20 Token Over Other Options Available? It’s worth noting that BEP20 tokens are currently in high demand, with SONM, BUSD, CAKE, SAFEMOON, and BAKE being some of the most sought-after token types in the crypto market. These tokens have a strong market cap, leading to a lot of buzz in the marketplace. As a result, many startups are considering developing their own tokens on the Binance smart chain. Before you ought to create tokens it is crucial to know why many startups choose this standard. Here are the beneficial reasons to choose the BEP20 token are listed below. Higher Reach As the BNB chain is one of the topmost brands, its exchange will have higher trading volume and market capitalization. So, the BEP20 token you create will reside on the popular Binance Smart Chain. This will make the user trust your newly created token and easily get more attention from the beginning. Highly Efficient These tokens had high feasibility and scalability. It is a highly performative token standard that produces the best business outcomes. Since it is created with the base of a smart contract, the transactions are decentralized, fast, and extremely transparent. Compatible BEP20 token is basically compatible with the Ethereum ERC20 token. So it is supported in almost all Ethereum tools and DApps. Since Binance Chain and Binance Smart Chain are cross-chain infrastructures, it is compatible with BEP2. Token owners can easily migrate to different blockchains according to their business needs. POS Mechanism BNB chain uses a proof of stake mechanism which can handle large transactions while others use a consensus mechanism that takes more time and cost. The Proof of Stake algorithm uses 21 validators that can generate a new block every 3 seconds. Cost-effective The gas fee for transactions is 20 times lower than the other top brands. It is considered one of the major reasons for choosing these token types for business. These are some of the reasons to consider choosing the BEP20 token over other token standards. Therefore, using the BEP20 token will give you better access to your business startup and bring profitable business results. Now if you want to create a BEP20 token for your project, how do you do that? Let’s see it now… BEP20 Token Development for Your Business! Anyone with strong knowledge of solidity programming language can create the BEP20 token on the blockchain for their business. But before generating a token on a BNB chain, you need to consider some crucial factors for a reliable token creation such as token name, white paper, symbol, decimal, and supply. Also, you need to create a token that has access to change these factors. If creating a BEP20 token on your own seems challenging, you may consider outsourcing the task to a proficient token development company or hiring a developer. It’s crucial to choose the right company that can assist you in creating a well-crafted and appropriate BEP20 token that aligns with your business goals and growth. Well, let me now answer the title before concluding this blog. How Much Does it Cost to Create a BEP20 Token? After knowing all the information above, who wouldn’t want to create their own token for their business growth? Curious to know how much it costs to create a BEP20 token? In fact, it is not practical to quote the actual cost as it will be affected by various factors such as: Business type and use case Token design & its count The complexity of the project Location of the token development company Features integrated with token Token creation and distribution Ongoing support and maintenance These are the factors that determine the exact cost of BEP20 token development. The exact cost of generating these tokens on its blockchain cannot be estimated. It totally depends on the factors we have seen above. However, it is a frequently asked question by startups, I can give you a rough idea regarding the price. The cost to create a BEP20 token on the Binance Smart Chain starts from $500 and varies from company to company depending on your business needs. Wrapping up Hope the concept we have been discussing has been conveyed to you effectively. By now, you should have a good understanding of BEP20 and the rationale behind its selection. Also, we have delved into its development process to provide you with a little understanding, right? In a way, if you are stuck on the question of ‘Which is the best BEP20 token development company?’ As an author of this BEP20 blog, I can suggest Zodeak for your crypto-based business. They have received high praise from many startups on various review sites, making them a top choice for any project. Whether your project requires a fungible token or a non-fungible token, they can help you achieve your business goals. Cost to Create BEP20 Tokens — Introduction Guide was originally published in CryptoStars on Medium, where people are continuing the conversation by highlighting and responding to this story.

Cost to Create BEP20 Tokens — Introduction Guide

Cost to Create BEP20 Tokens — Introduction Guide

Cost to Create BEP20 Tokens

How much does it cost to create a BEP20 token on the Binance smart chain? This is a very common question every startup has when it comes to Binance Token creation for their business. The truth is, that it entirely depends on your budget and business needs.

In this blog, we will discuss in detail how much it costs to create BEP20 tokens on the Binance Smart Chain (BSC). Before that, you need to have a thorough understanding of this token standard. Also, it is crucial to know why, specifically, it is better for your business than other token standards.

Here we go,

What is the BEP20 Token?

BEP20 token is a standard that acts as a blueprint for creating tokens which defines how they can be spent, who can spend them, and other rules for their usage. The acronym BEP stands for Binance Smart Chain Evolution Proposal whereas the number 20 denotes the guideline protocol for token creation BSC.

Generally, BEP20 is a technical token standard used to create a bulk of fungible tokens with advanced functions and modules in the Binance smart chain. It provides a flexible framework for all blockchain developers to create and deploy a wide range of crypto tokens on the BSC blockchain.

Also, this standard allows the creation of token contracts so any BEP20 tokens from crypto wallets to decentralized exchange (DEX) platforms can be used by another application in a consistent way.

Due to these benefits, these tokens have high circulation in the market and become the best choice to integrate into the business. Apart from all these, there are some other reasons to choose the BEP20 token over others. Let’s see it now

Why Choose the BEP20 Token Over Other Options Available?

It’s worth noting that BEP20 tokens are currently in high demand, with SONM, BUSD, CAKE, SAFEMOON, and BAKE being some of the most sought-after token types in the crypto market. These tokens have a strong market cap, leading to a lot of buzz in the marketplace. As a result, many startups are considering developing their own tokens on the Binance smart chain.

Before you ought to create tokens it is crucial to know why many startups choose this standard. Here are the beneficial reasons to choose the BEP20 token are listed below.

Higher Reach

As the BNB chain is one of the topmost brands, its exchange will have higher trading volume and market capitalization. So, the BEP20 token you create will reside on the popular Binance Smart Chain. This will make the user trust your newly created token and easily get more attention from the beginning.

Highly Efficient

These tokens had high feasibility and scalability. It is a highly performative token standard that produces the best business outcomes. Since it is created with the base of a smart contract, the transactions are decentralized, fast, and extremely transparent.

Compatible

BEP20 token is basically compatible with the Ethereum ERC20 token. So it is supported in almost all Ethereum tools and DApps. Since Binance Chain and Binance Smart Chain are cross-chain infrastructures, it is compatible with BEP2. Token owners can easily migrate to different blockchains according to their business needs.

POS Mechanism

BNB chain uses a proof of stake mechanism which can handle large transactions while others use a consensus mechanism that takes more time and cost. The Proof of Stake algorithm uses 21 validators that can generate a new block every 3 seconds.

Cost-effective

The gas fee for transactions is 20 times lower than the other top brands. It is considered one of the major reasons for choosing these token types for business.

These are some of the reasons to consider choosing the BEP20 token over other token standards. Therefore, using the BEP20 token will give you better access to your business startup and bring profitable business results.

Now if you want to create a BEP20 token for your project, how do you do that? Let’s see it now…

BEP20 Token Development for Your Business!

Anyone with strong knowledge of solidity programming language can create the BEP20 token on the blockchain for their business. But before generating a token on a BNB chain, you need to consider some crucial factors for a reliable token creation such as token name, white paper, symbol, decimal, and supply. Also, you need to create a token that has access to change these factors.

If creating a BEP20 token on your own seems challenging, you may consider outsourcing the task to a proficient token development company or hiring a developer. It’s crucial to choose the right company that can assist you in creating a well-crafted and appropriate BEP20 token that aligns with your business goals and growth.

Well, let me now answer the title before concluding this blog.

How Much Does it Cost to Create a BEP20 Token?

After knowing all the information above, who wouldn’t want to create their own token for their business growth? Curious to know how much it costs to create a BEP20 token? In fact, it is not practical to quote the actual cost as it will be affected by various factors such as:

Business type and use case

Token design & its count

The complexity of the project

Location of the token development company

Features integrated with token

Token creation and distribution

Ongoing support and maintenance

These are the factors that determine the exact cost of BEP20 token development. The exact cost of generating these tokens on its blockchain cannot be estimated. It totally depends on the factors we have seen above.

However, it is a frequently asked question by startups, I can give you a rough idea regarding the price. The cost to create a BEP20 token on the Binance Smart Chain starts from $500 and varies from company to company depending on your business needs.

Wrapping up

Hope the concept we have been discussing has been conveyed to you effectively. By now, you should have a good understanding of BEP20 and the rationale behind its selection. Also, we have delved into its development process to provide you with a little understanding, right?

In a way, if you are stuck on the question of ‘Which is the best BEP20 token development company?’ As an author of this BEP20 blog, I can suggest Zodeak for your crypto-based business. They have received high praise from many startups on various review sites, making them a top choice for any project. Whether your project requires a fungible token or a non-fungible token, they can help you achieve your business goals.

Cost to Create BEP20 Tokens — Introduction Guide was originally published in CryptoStars on Medium, where people are continuing the conversation by highlighting and responding to this story.
How to Start a Cryptocurrency Exchange? — A Complete GuideHow to Start a Cryptocurrency Exchange? — A complete Guide The cryptocurrency market is eventually showing some financial and revenue growth due to the rise of various business ideas and opportunities. Among those options, the only one business idea that stands out in terms of ROI and innovation is ~ Cryptocurrency Exchange. Crypto Exchange is nothing but a digital platform that enables the trading of cryptocurrencies seamlessly. As the growth of digital currencies is rising, it directly affects the user base of these trading platforms. Besides, crypto exchanges contribute more to the crypto ecosystem than other platforms. They are considered to be the potential future of the financial system with remarkable benefits. This is the reason why every budding startup or entrepreneur is curious to start a cryptocurrency exchange platform. Start a Cryptocurrency Exchange So, as a startup who is looking to start a cryptocurrency exchange, whether it may be Centralized, Decentralized or Hybrid exchange, then you should be aware of how to start one cost-effectively. As each type has its own benefits accordingly, it may lead to some confusion in the early stages of the development process. To avoid those doubts on launching such a lucrative platform, this blog will guide you with basics of how to start one, and how you can be benefitted from this platform. Let’s begin with the… Incredible benefits of Starting a Cryptocurrency Exchange Before starting this lucrative opportunity of creating a good business platform, you must be aware of the reasons for creating one. For that, knowing the benefits of this cryptocurrency exchange will be much helpful for your launch. On that note, get some insights on how this platform is beneficial for startups like you, so that you can create one to earn such beneficial profits and revenue. Generates Lucrative Revenue How do crypto exchanges make money? This might be the question from the majority of crypto startups like you. To be more frank, crypto exchanges are a trustworthy business idea to meet your expectations financially. They offer diverse trading options to users and collect relevant fees for trading. Precisely, modern-day crypto exchanges come with inbuilt wallet support, third-party plugins for payment, and more. So when you start a cryptocurrency exchange you earn from various service offering fees. Futuristic Growth of Business Cryptocurrencies are growing in the financial market with increasing usage and an active user base. The latest cryptocurrency market cap report from Statista also reveals the same. The reports highlight that the cryptocurrency revenue is expected to reach US$64.87 billion by 2027. Also, an individual user’s average revenue in the cryptocurrency market is estimated to be US$56.19 in 2023. Eventually, starting a cryptocurrency exchange platform will be a guaranteed future financially as well. Innovation And Recognition As stated earlier, Crypto Exchanges are always upgrading itself with the latest techs and innovations. As a result, it adopts user-demanding features and top-class security which makes them prevail in the crypto space. Further, starting a cryptocurrency exchange with the necessary technical updates, gives the users seamless trading. Such uniqueness keeps your business ahead of your counterparts. And, it prevails in the trust of millions of users through greater brand recognition. Global Reach The crypto marketplace is spread across the global nations with incredible accessibility. So when you start a cryptocurrency exchange, getting connected with global business partners becomes simple. The multi-language and currency support further strengthens the possibility of attracting global users. As a crypto exchange platform owner, you might get fond of the increased user base and new profitable opportunities. Reaching Enterprise Goals As mentioned above, starting a crypto exchange platform will be a better hope for huge ROI for startups. Not only that, keeping your users satisfied with seamless performance will maintain your startup business with long term trust of those users. Eventually, your platform scores well with popularity and branding ending up meeting the enterprise goals in the market. Summing up all these benefits, you may be curious to start a cryptocurrency exchange platform. Right!! Without any delay, let me shed some light on… How to Start a Cryptocurrency Exchange Platform? This query is becoming popular among the business people, as this platform tends to offer various beneficial profits. Also, the answer to the question is already known to everyone in the market. To be more exact, developing a cryptocurrency exchange platform can be achieved by different methods. And each of those methods has their own pros and cons which can affect the business growth. Let us see one by one. To start with the first one… By Freelancing or Outsourcing Freelancing is the way of hiring professionals for your crypto exchange project. The freelancer works independently and they don’t belong to any company. On the other hand, outsourcing is similar to freelancing, in which a contract is maintained between the contractor. In these two methods, the process of hiring professionals might be an easy task. And, you can significantly limit the development cost as well. But before hiring them, you should be aware of their technical skills and access to using their technologies. Because these are some essentials to overcome the real-time challenges. In the meantime, you have to monitor the person and have to get regular updates on your project about the latest works. And, you have to rely on his/her work and performance until the project’s completion. This kinda seems to be more of a troubling method for startups like you. So, the next one would be… Creating a Crypto Exchange on your own Creating a crypto exchange in your own effort must be a tedious process. It requires sound technical and programming knowledge. Also, you should have basic understanding about the tools required for developing this exchange platform. So before starting, make sure you are proficient in your programming skills and have sound knowledge in handling those tools. If not, you will end up with difficulty. However, if you are unaware of trending market technologies, then the exchange platform will be outdated. Also, real-time maintenance and technical glitches would be difficult with this method. I think the above two methods are somewhat not suitable for startups like you who wish to enter into the crypto world instantly. So, finally I suggest that, Approaching a Crypto Exchange Development Company To overcome such difficulties that you face in hiring a freelancer or outsourcing, seek professional guidance from a reputed cryptocurrency exchange development company. They would definitely guide you with the process of developing a crypto exchange platform for your business. Here they will provide you with a streamlined development process and stringent testing procedures to avoid any technical hassles. Basically, when you approach the crypto exchange developers from a prominent development company, they would offer you different ways of creating a platform. They are, Development from Scratch Development from Scratch involves the process of creating a crypto exchange from the ground level. The process starts from the origin point. Each section of the process is carefully examined through multi-level testing. Hence it requires more time and cost than other development methods. But, you can review and incorporate your business ideas in this method. So there is enough time to evaluate innovations that work when you start a cryptocurrency exchange platform. As a result, your crypto exchange becomes robust and only requires minimal maintenance. But the time and cost consumed in this method will be larger compared to other methods. Using a White Label Software White label crypto exchange software is a prefabricated solution to start a cryptocurrency exchange platform. It has all the basic features and functionalities of a crypto exchange platform. You can customize the solution to get them to match your business services. Like, you can change the theme, logo, interface, and features with the brand name. The time taken to customize the platform is also minimal. As a result, the associated cost would be minimal in this method. This method can be a preferred one for startups like you for a cost-effective launch. Also, the other method they would offer is by, Using the Crypto Exchange Script Crypto exchange scripts are readymade solutions representing the features of the existing exchange platform. For example, Binance is a top-notch crypto exchange that offers various trading options. The binance exchange clone script contains all the essential features and provisions of the Binance exchange. Making use of this clone script, you can launch a crypto exchange platform similar to Binance Exchange successfully. Also, you can customize the particular script features as per your business needs. Thus this method also limits the time and cost to start a cryptocurrency exchange business. So, this method is a perfect choice when it comes to cost and time factors. Also, for a budding startup who wish to enter into the crypto space, using these crypto exchange scripts will definitely be a reliable one. Now that you have a clear understanding about the methods of developing a crypto exchange platform. You might be still confused on which one to prefer or go to?? Right! So to make it simple, have a look at the brief details of each method which will make you feel at ease to decide on. Start a Cryptocurrency Exchange Once you have selected the right method to start a cryptocurrency exchange platform for your startup business, it should be up-to-date with recent technologies and undergo real-time updates. For that, you should definitely seek assistance from the professionals of a reputed crypto exchange development company. Keep that in mind too. Additionally, as a startup, you should be aware of how your crypto exchange platform will work and what are the features that should hold? To make it easy for you, I have sorted out the… Must-Have Features to Start a Cryptocurrency Exchange Features are kind of responsible for the seamless working of your crypto exchange platform. The more feature-rich platform, the more the users you tend to attract. Let me project the essential features as core and security features for better clarity. Core Features Admin Console: It is a control unit of the exchange platform giving authority to the platform owner or administrator to manage financial transactions, user information, and dispute clearance. Interactive UI: The interface should be user-friendly and contain information about user data, trading charts, and fund-related options. Liquidity API: This is the feature that manages the liquidity of the crypto exchange platform at a required level. The interface connects with multiple liquidity sources to maintain the required liquidity. Wallet integration: Crypto wallets safeguard the crypto assets of users in a secure wallet environment. Multicurrency wallet integration would be an added advantage that can be used for multiple assets. Order matching Engine: The order matching engine manages the orders between the buyer and seller. When a new order is placed, the order matching engine relates it to existing orders. Payment gateway integration: The payment gateway is the interface that processes the payments in the exchange platform. Usually, they support multiple payment options like card payments, bank transactions, and more. Affiliate or referral programs: Referral programs are a way to increase the user count through the existing user base. The user who refers to a new user will be rewarded through the referral program. KYC/AML module: It is the module that manages the KYC details of the platform users. You can also implement automated KYC verification when you start a cryptocurrency exchange platform. Margin trading: Margin trading has become the must have feature in a crypto exchange platform nowadays. In this method, the user can borrow funds for trading from the trading platform. Multi-currency support: With this feature, the user can hold and trade with multiple currencies. Even some exchanges allow local fiat currencies. Hence global users can easily trade with their convenient currency. IEO launchpad: The IEO launchpad option allows the users to list their own tokens in the exchange. With the increasing need for crypto token development, this feature becomes necessary in modern-day exchanges. Staking module: This feature allows the user to earn passive income by staking their assets. As a result, the liquidity of this crypto exchange platform will increase resulting in better performance. These are the must-have features, to start a cryptocurrency exchange platform with efficient working. Meanwhile, to ensure a secure trading experience, the exchange platform should be tailored with top-class security features. So let us just glance through… Security Features of a Crypto Exchange The following are the essential security features a crypto exchange platform should be furnished with. 2FA Authentication Data Encryption Anti-distributed Denial Of Service (DDoS) Server-Side Request Forgery (SSRF) Protection SSL Integration Escrow Mechanism With these astounding features, the crypto exchange platform is more appealing to users and platform owners. Giving your users the demanding features on your exchange platform increases the user contribution. This is the winning strategy behind many successful crypto exchanges ruling the crypto market. However, the prime component behind every successful and popular cryptocurrency exchange is the ‘revenue’. So when you start a cryptocurrency exchange, you should know the revenue-generating opportunities. Get to know… How can you make money by Starting a Cryptocurrency Exchange Platform? As I have mentioned earlier, Crypto exchanges are the top lucrative business model in the crypto space. This is because of their services and revenue-making capacity. When you start a cryptocurrency exchange you can earn in the following ways. They are, Revenue from fees Fees are the primary source of earnings when you start a cryptocurrency exchange platform. They earn from a variety of fees through their service offerings. That includes Trading Fee: This is the fee paid by the traders for each buying and selling transaction. The fee structure is not common across the exchanges. However, it varies based on the exchange’s trade volume and policies. Listing Fees: The IEO launch pad feature allows the users to list their tokens in the exchanges. For each listing, the user has to pay the exchange. This listing fee varies from exchange to exchange depending on their reputation. Withdrawal Fees: Some exchanges charge for withdrawing funds for particular cryptocurrencies. The fees are mandatory in some exchanges even if the funds are withdrawn from the native wallets. Revenue from additional services From Trading features In Margin trading, the user borrows money from the platform for trading. The user has to pay the interest on borrowed funds while returning the principal funds. Further, the exchange can charge fees for derivatives trading, especially in future and options trading. The fees might include position funding and liquidation. The staking services may take a certain percentage of interest given to users as fees. This is also applicable to lending and borrowing services offered by the exchange platform. So start a cryptocurrency exchange with more trading features to earn huge revenue. From Promotions and Subscriptions Crypto exchanges can make money from promotional activities, partnerships with brands, and event sponsorships. By displaying ads or any other format, they can make additional revenue. In addition to that, paid subscriptions, giving access to API, market-making, and liquidity provisions also generate passive income for exchanges. So overall, when you start a cryptocurrency exchange, there is no shortage of revenue generation. Also, the demand for crypto exchanges across the globe is always higher. Their global fame also makes them a perfect business model for startups and entrepreneurs. Hence, owning a crypto exchange leaves your worries about future scope and business reputation. Finally… On the whole, crypto exchanges are considered to be a perfect business option in satisfying every traders’ demands. Also, the expansion of crypto exchanges with recent tech trends will uplift many exchange owners’ lives greatly. As starting a cryptocurrency exchange is an ultimate goal for many startups like you, It is highly advisable to reach out to the professionals in the market. Speaking of them, I highly recommend that you connect with a prominent Crypto Exchange Development Company who might help you with that in your business path. With expert guidance and practical awareness, the professionals from the company will be your best companion. So that, it can keep the users satisfied and lead the competitive crypto market. Also, you can keep the business goals and reputation with a robust, secure, and feature-rich crypto exchange platform. So leave thinking away, and initiate your business endeavors to start a cryptocurrency exchange today! How to Start a Cryptocurrency Exchange? — A complete Guide was originally published in CryptoStars on Medium, where people are continuing the conversation by highlighting and responding to this story.

How to Start a Cryptocurrency Exchange? — A Complete Guide

How to Start a Cryptocurrency Exchange? — A complete Guide

The cryptocurrency market is eventually showing some financial and revenue growth due to the rise of various business ideas and opportunities. Among those options, the only one business idea that stands out in terms of ROI and innovation is ~ Cryptocurrency Exchange.

Crypto Exchange is nothing but a digital platform that enables the trading of cryptocurrencies seamlessly. As the growth of digital currencies is rising, it directly affects the user base of these trading platforms. Besides, crypto exchanges contribute more to the crypto ecosystem than other platforms. They are considered to be the potential future of the financial system with remarkable benefits. This is the reason why every budding startup or entrepreneur is curious to start a cryptocurrency exchange platform.

Start a Cryptocurrency Exchange

So, as a startup who is looking to start a cryptocurrency exchange, whether it may be Centralized, Decentralized or Hybrid exchange, then you should be aware of how to start one cost-effectively. As each type has its own benefits accordingly, it may lead to some confusion in the early stages of the development process.

To avoid those doubts on launching such a lucrative platform, this blog will guide you with basics of how to start one, and how you can be benefitted from this platform.

Let’s begin with the…

Incredible benefits of Starting a Cryptocurrency Exchange

Before starting this lucrative opportunity of creating a good business platform, you must be aware of the reasons for creating one. For that, knowing the benefits of this cryptocurrency exchange will be much helpful for your launch. On that note, get some insights on how this platform is beneficial for startups like you, so that you can create one to earn such beneficial profits and revenue.

Generates Lucrative Revenue

How do crypto exchanges make money?

This might be the question from the majority of crypto startups like you.

To be more frank, crypto exchanges are a trustworthy business idea to meet your expectations financially. They offer diverse trading options to users and collect relevant fees for trading. Precisely, modern-day crypto exchanges come with inbuilt wallet support, third-party plugins for payment, and more. So when you start a cryptocurrency exchange you earn from various service offering fees.

Futuristic Growth of Business

Cryptocurrencies are growing in the financial market with increasing usage and an active user base. The latest cryptocurrency market cap report from Statista also reveals the same. The reports highlight that the cryptocurrency revenue is expected to reach US$64.87 billion by 2027. Also, an individual user’s average revenue in the cryptocurrency market is estimated to be US$56.19 in 2023. Eventually, starting a cryptocurrency exchange platform will be a guaranteed future financially as well.

Innovation And Recognition

As stated earlier, Crypto Exchanges are always upgrading itself with the latest techs and innovations. As a result, it adopts user-demanding features and top-class security which makes them prevail in the crypto space. Further, starting a cryptocurrency exchange with the necessary technical updates, gives the users seamless trading. Such uniqueness keeps your business ahead of your counterparts. And, it prevails in the trust of millions of users through greater brand recognition.

Global Reach

The crypto marketplace is spread across the global nations with incredible accessibility. So when you start a cryptocurrency exchange, getting connected with global business partners becomes simple. The multi-language and currency support further strengthens the possibility of attracting global users. As a crypto exchange platform owner, you might get fond of the increased user base and new profitable opportunities.

Reaching Enterprise Goals

As mentioned above, starting a crypto exchange platform will be a better hope for huge ROI for startups. Not only that, keeping your users satisfied with seamless performance will maintain your startup business with long term trust of those users. Eventually, your platform scores well with popularity and branding ending up meeting the enterprise goals in the market.

Summing up all these benefits, you may be curious to start a cryptocurrency exchange platform. Right!! Without any delay, let me shed some light on…

How to Start a Cryptocurrency Exchange Platform?

This query is becoming popular among the business people, as this platform tends to offer various beneficial profits. Also, the answer to the question is already known to everyone in the market.

To be more exact, developing a cryptocurrency exchange platform can be achieved by different methods. And each of those methods has their own pros and cons which can affect the business growth. Let us see one by one. To start with the first one…

By Freelancing or Outsourcing

Freelancing is the way of hiring professionals for your crypto exchange project. The freelancer works independently and they don’t belong to any company. On the other hand, outsourcing is similar to freelancing, in which a contract is maintained between the contractor. In these two methods, the process of hiring professionals might be an easy task. And, you can significantly limit the development cost as well.

But before hiring them, you should be aware of their technical skills and access to using their technologies. Because these are some essentials to overcome the real-time challenges. In the meantime, you have to monitor the person and have to get regular updates on your project about the latest works. And, you have to rely on his/her work and performance until the project’s completion.

This kinda seems to be more of a troubling method for startups like you. So, the next one would be…

Creating a Crypto Exchange on your own

Creating a crypto exchange in your own effort must be a tedious process. It requires sound technical and programming knowledge. Also, you should have basic understanding about the tools required for developing this exchange platform. So before starting, make sure you are proficient in your programming skills and have sound knowledge in handling those tools. If not, you will end up with difficulty.

However, if you are unaware of trending market technologies, then the exchange platform will be outdated. Also, real-time maintenance and technical glitches would be difficult with this method.

I think the above two methods are somewhat not suitable for startups like you who wish to enter into the crypto world instantly. So, finally I suggest that,

Approaching a Crypto Exchange Development Company

To overcome such difficulties that you face in hiring a freelancer or outsourcing, seek professional guidance from a reputed cryptocurrency exchange development company. They would definitely guide you with the process of developing a crypto exchange platform for your business. Here they will provide you with a streamlined development process and stringent testing procedures to avoid any technical hassles.

Basically, when you approach the crypto exchange developers from a prominent development company, they would offer you different ways of creating a platform. They are,

Development from Scratch

Development from Scratch involves the process of creating a crypto exchange from the ground level. The process starts from the origin point. Each section of the process is carefully examined through multi-level testing. Hence it requires more time and cost than other development methods. But, you can review and incorporate your business ideas in this method. So there is enough time to evaluate innovations that work when you start a cryptocurrency exchange platform. As a result, your crypto exchange becomes robust and only requires minimal maintenance. But the time and cost consumed in this method will be larger compared to other methods.

Using a White Label Software

White label crypto exchange software is a prefabricated solution to start a cryptocurrency exchange platform. It has all the basic features and functionalities of a crypto exchange platform. You can customize the solution to get them to match your business services. Like, you can change the theme, logo, interface, and features with the brand name. The time taken to customize the platform is also minimal. As a result, the associated cost would be minimal in this method. This method can be a preferred one for startups like you for a cost-effective launch.

Also, the other method they would offer is by,

Using the Crypto Exchange Script

Crypto exchange scripts are readymade solutions representing the features of the existing exchange platform. For example, Binance is a top-notch crypto exchange that offers various trading options. The binance exchange clone script contains all the essential features and provisions of the Binance exchange. Making use of this clone script, you can launch a crypto exchange platform similar to Binance Exchange successfully. Also, you can customize the particular script features as per your business needs. Thus this method also limits the time and cost to start a cryptocurrency exchange business.

So, this method is a perfect choice when it comes to cost and time factors. Also, for a budding startup who wish to enter into the crypto space, using these crypto exchange scripts will definitely be a reliable one.

Now that you have a clear understanding about the methods of developing a crypto exchange platform. You might be still confused on which one to prefer or go to?? Right!

So to make it simple, have a look at the brief details of each method which will make you feel at ease to decide on.

Start a Cryptocurrency Exchange

Once you have selected the right method to start a cryptocurrency exchange platform for your startup business, it should be up-to-date with recent technologies and undergo real-time updates. For that, you should definitely seek assistance from the professionals of a reputed crypto exchange development company. Keep that in mind too.

Additionally, as a startup, you should be aware of how your crypto exchange platform will work and what are the features that should hold? To make it easy for you, I have sorted out the…

Must-Have Features to Start a Cryptocurrency Exchange

Features are kind of responsible for the seamless working of your crypto exchange platform. The more feature-rich platform, the more the users you tend to attract. Let me project the essential features as core and security features for better clarity.

Core Features

Admin Console: It is a control unit of the exchange platform giving authority to the platform owner or administrator to manage financial transactions, user information, and dispute clearance.

Interactive UI: The interface should be user-friendly and contain information about user data, trading charts, and fund-related options.

Liquidity API: This is the feature that manages the liquidity of the crypto exchange platform at a required level. The interface connects with multiple liquidity sources to maintain the required liquidity.

Wallet integration: Crypto wallets safeguard the crypto assets of users in a secure wallet environment. Multicurrency wallet integration would be an added advantage that can be used for multiple assets.

Order matching Engine: The order matching engine manages the orders between the buyer and seller. When a new order is placed, the order matching engine relates it to existing orders.

Payment gateway integration: The payment gateway is the interface that processes the payments in the exchange platform. Usually, they support multiple payment options like card payments, bank transactions, and more.

Affiliate or referral programs: Referral programs are a way to increase the user count through the existing user base. The user who refers to a new user will be rewarded through the referral program.

KYC/AML module: It is the module that manages the KYC details of the platform users. You can also implement automated KYC verification when you start a cryptocurrency exchange platform.

Margin trading: Margin trading has become the must have feature in a crypto exchange platform nowadays. In this method, the user can borrow funds for trading from the trading platform.

Multi-currency support: With this feature, the user can hold and trade with multiple currencies. Even some exchanges allow local fiat currencies. Hence global users can easily trade with their convenient currency.

IEO launchpad: The IEO launchpad option allows the users to list their own tokens in the exchange. With the increasing need for crypto token development, this feature becomes necessary in modern-day exchanges.

Staking module: This feature allows the user to earn passive income by staking their assets. As a result, the liquidity of this crypto exchange platform will increase resulting in better performance.

These are the must-have features, to start a cryptocurrency exchange platform with efficient working. Meanwhile, to ensure a secure trading experience, the exchange platform should be tailored with top-class security features. So let us just glance through…

Security Features of a Crypto Exchange

The following are the essential security features a crypto exchange platform should be furnished with.

2FA Authentication

Data Encryption

Anti-distributed Denial Of Service (DDoS)

Server-Side Request Forgery (SSRF) Protection

SSL Integration

Escrow Mechanism

With these astounding features, the crypto exchange platform is more appealing to users and platform owners. Giving your users the demanding features on your exchange platform increases the user contribution. This is the winning strategy behind many successful crypto exchanges ruling the crypto market.

However, the prime component behind every successful and popular cryptocurrency exchange is the ‘revenue’. So when you start a cryptocurrency exchange, you should know the revenue-generating opportunities. Get to know…

How can you make money by Starting a Cryptocurrency Exchange Platform?

As I have mentioned earlier, Crypto exchanges are the top lucrative business model in the crypto space. This is because of their services and revenue-making capacity. When you start a cryptocurrency exchange you can earn in the following ways. They are,

Revenue from fees

Fees are the primary source of earnings when you start a cryptocurrency exchange platform. They earn from a variety of fees through their service offerings. That includes

Trading Fee: This is the fee paid by the traders for each buying and selling transaction. The fee structure is not common across the exchanges. However, it varies based on the exchange’s trade volume and policies.

Listing Fees: The IEO launch pad feature allows the users to list their tokens in the exchanges. For each listing, the user has to pay the exchange. This listing fee varies from exchange to exchange depending on their reputation.

Withdrawal Fees: Some exchanges charge for withdrawing funds for particular cryptocurrencies. The fees are mandatory in some exchanges even if the funds are withdrawn from the native wallets.

Revenue from additional services

From Trading features

In Margin trading, the user borrows money from the platform for trading. The user has to pay the interest on borrowed funds while returning the principal funds. Further, the exchange can charge fees for derivatives trading, especially in future and options trading. The fees might include position funding and liquidation.

The staking services may take a certain percentage of interest given to users as fees. This is also applicable to lending and borrowing services offered by the exchange platform. So start a cryptocurrency exchange with more trading features to earn huge revenue.

From Promotions and Subscriptions

Crypto exchanges can make money from promotional activities, partnerships with brands, and event sponsorships. By displaying ads or any other format, they can make additional revenue. In addition to that, paid subscriptions, giving access to API, market-making, and liquidity provisions also generate passive income for exchanges.

So overall, when you start a cryptocurrency exchange, there is no shortage of revenue generation. Also, the demand for crypto exchanges across the globe is always higher. Their global fame also makes them a perfect business model for startups and entrepreneurs. Hence, owning a crypto exchange leaves your worries about future scope and business reputation.

Finally…

On the whole, crypto exchanges are considered to be a perfect business option in satisfying every traders’ demands. Also, the expansion of crypto exchanges with recent tech trends will uplift many exchange owners’ lives greatly. As starting a cryptocurrency exchange is an ultimate goal for many startups like you, It is highly advisable to reach out to the professionals in the market.

Speaking of them, I highly recommend that you connect with a prominent Crypto Exchange Development Company who might help you with that in your business path. With expert guidance and practical awareness, the professionals from the company will be your best companion. So that, it can keep the users satisfied and lead the competitive crypto market. Also, you can keep the business goals and reputation with a robust, secure, and feature-rich crypto exchange platform. So leave thinking away, and initiate your business endeavors to start a cryptocurrency exchange today!

How to Start a Cryptocurrency Exchange? — A complete Guide was originally published in CryptoStars on Medium, where people are continuing the conversation by highlighting and responding to this story.
How to Create ERC20 Token on the Ethereum? How to Create ERC20 Token In the crypto world, Ethereum is an early bird and among its many token standards, one of the most popular types of digital assets is the ERC20 token. This token standard plays a major role in enabling crowdfunding, building decentralized applications (dApps), and enabling a wide range of financial transactions on the Ethereum blockchain. In this guide, we’ll explore the process of creating ERC20 tokens on the Ethereum blockchain, discussing both do-it-yourself (DIY) methods and hiring a professional from a token development company. Creating ERC20 Tokens Yourself To create an ERC20 token, you first need to have a deep understanding of the Ethereum blockchain and smart contracts, and finally the programming language for coding. If you want to create tokens yourself, here is an overview of the steps you need to follow: Solidity Programming To create an ERC20 token, you’ll need to write a smart contract in Solidity, a programming language specifically designed for Ethereum. Solidity is known for its security features and compatibility with the Ethereum Virtual Machine (EVM). Smart Contract Development Your smart contract will define the rules and functionality of your token, including the total supply, divisibility, and transferability. The ERC20 token standard outlines some functions that should be implemented in your smart contract. The ERC delineates a set of mandatory functions, which are somewhat more intricate and are detailed as follows: Total Supply: This function establishes the overall token supply. Once this limit is reached, the smart contract will no longer create new tokens. BalanceOf: This function returns the number of tokens held by a specific wallet address. Transfer: This function deducts a specified amount of tokens from the total supply and transfers them to a user. TransferFrom: This is another type of transfer function used to move tokens between users. Approve: This function validates whether a smart contract is authorized to allocate a specific quantity of tokens to a user, taking into account the total supply. Allowance: This function serves the same purpose as the “approve” method but additionally verifies if one user has a sufficient balance to send a specified amount of tokens to another user. Testing Before deploying your smart contract to the Ethereum network, it’s essential to thoroughly test it on a testnet to ensure that it functions as intended. Testing helps identify bug, fixes, and add any missing parts to your product. Deployment Once you’re confident in your smart contract’s functionality, you can deploy it on the Ethereum mainnet. Deploying a contract requires gas fees, so you’ll need to have some Ether (ETH) to cover these costs. Interacting with Your Token After deployment, you can interact with your token using Ethereum wallets that support ERC20 tokens. You can send, receive, and manage your tokens through these wallets. While creating an ERC20 token yourself can be a valuable learning experience, it’s not recommended for startups or entrepreneurs without strong programming skills and a deep understanding of blockchain technology. Next, we will see how to create an ERC20 token with the help of a token development company. Opt for ERC20 Token Development Company For those who want to create ERC20 tokens without the technical expertise or programming skills, hiring a reputable ERC20 token development company is a viable option. Here is the approaches of the token development company will be: ERC20 Token Development Company Research and select a reliable ERC20 token development company with a track record of successful projects. Look for reviews, previous works, experience, and demo to assess their credibility. Define Your Business Requirements Clearly outline your unique business requirements for the ERC20 token. These requirements should align with your project’s goals and objectives. Having a well-thought-out whitepaper that describes your token project is essential. Token Specification Work with the development team to specify the details of your token, including its name, symbol, total supply, divisibility, and any special features or functionality you require. Development Process The development team will create an ERC20-compliant smart contract tailored to your specifications. They will handle all the technical aspects, ensuring that your token is secure and functional. Testing and Quality Assurance The development company should thoroughly test the smart contract to identify and resolve any issues or vulnerabilities. This step ensures that your token functions correctly and securely. Deployment and Launch Once the development and testing phases are complete, the development team will deploy your ERC20 token on the Ethereum blockchain, making it accessible to users. Token Wallet Integration If required, the development team can also assist in integrating your token with popular Ethereum wallets, making it easy for users to store and manage your tokens. Promotion and Adoption After the launch, focus on promoting your token and gaining user adoption. Marketing and community engagement are essential to the success of your project. Final words Hope you understand the two primary methods of do-it-yourself development and opting for an ERC20 token development company. While the DIY approach can be rewarding for those with technical expertise, it’s not recommended for beginners or startups due to the mistakes and costs involved. Hiring a reputable development company offers a streamlined and secure way to create ERC20 tokens that are in line with your business needs. With the right partner, you can navigate the complexities of blockchain development and launch your token successfully. How to Create ERC20 Token on the Ethereum? was originally published in CryptoStars on Medium, where people are continuing the conversation by highlighting and responding to this story.

How to Create ERC20 Token on the Ethereum?

How to Create ERC20 Token

In the crypto world, Ethereum is an early bird and among its many token standards, one of the most popular types of digital assets is the ERC20 token. This token standard plays a major role in enabling crowdfunding, building decentralized applications (dApps), and enabling a wide range of financial transactions on the Ethereum blockchain.

In this guide, we’ll explore the process of creating ERC20 tokens on the Ethereum blockchain, discussing both do-it-yourself (DIY) methods and hiring a professional from a token development company.

Creating ERC20 Tokens Yourself

To create an ERC20 token, you first need to have a deep understanding of the Ethereum blockchain and smart contracts, and finally the programming language for coding.

If you want to create tokens yourself, here is an overview of the steps you need to follow:

Solidity Programming

To create an ERC20 token, you’ll need to write a smart contract in Solidity, a programming language specifically designed for Ethereum. Solidity is known for its security features and compatibility with the Ethereum Virtual Machine (EVM).

Smart Contract Development

Your smart contract will define the rules and functionality of your token, including the total supply, divisibility, and transferability. The ERC20 token standard outlines some functions that should be implemented in your smart contract.

The ERC delineates a set of mandatory functions, which are somewhat more intricate and are detailed as follows:

Total Supply: This function establishes the overall token supply. Once this limit is reached, the smart contract will no longer create new tokens.

BalanceOf: This function returns the number of tokens held by a specific wallet address.

Transfer: This function deducts a specified amount of tokens from the total supply and transfers them to a user.

TransferFrom: This is another type of transfer function used to move tokens between users.

Approve: This function validates whether a smart contract is authorized to allocate a specific quantity of tokens to a user, taking into account the total supply.

Allowance: This function serves the same purpose as the “approve” method but additionally verifies if one user has a sufficient balance to send a specified amount of tokens to another user.

Testing

Before deploying your smart contract to the Ethereum network, it’s essential to thoroughly test it on a testnet to ensure that it functions as intended. Testing helps identify bug, fixes, and add any missing parts to your product.

Deployment

Once you’re confident in your smart contract’s functionality, you can deploy it on the Ethereum mainnet. Deploying a contract requires gas fees, so you’ll need to have some Ether (ETH) to cover these costs.

Interacting with Your Token

After deployment, you can interact with your token using Ethereum wallets that support ERC20 tokens. You can send, receive, and manage your tokens through these wallets.

While creating an ERC20 token yourself can be a valuable learning experience, it’s not recommended for startups or entrepreneurs without strong programming skills and a deep understanding of blockchain technology.

Next, we will see how to create an ERC20 token with the help of a token development company.

Opt for ERC20 Token Development Company

For those who want to create ERC20 tokens without the technical expertise or programming skills, hiring a reputable ERC20 token development company is a viable option.

Here is the approaches of the token development company will be:

ERC20 Token Development Company

Research and select a reliable ERC20 token development company with a track record of successful projects. Look for reviews, previous works, experience, and demo to assess their credibility.

Define Your Business Requirements

Clearly outline your unique business requirements for the ERC20 token. These requirements should align with your project’s goals and objectives. Having a well-thought-out whitepaper that describes your token project is essential.

Token Specification

Work with the development team to specify the details of your token, including its name, symbol, total supply, divisibility, and any special features or functionality you require.

Development Process

The development team will create an ERC20-compliant smart contract tailored to your specifications. They will handle all the technical aspects, ensuring that your token is secure and functional.

Testing and Quality Assurance

The development company should thoroughly test the smart contract to identify and resolve any issues or vulnerabilities. This step ensures that your token functions correctly and securely.

Deployment and Launch

Once the development and testing phases are complete, the development team will deploy your ERC20 token on the Ethereum blockchain, making it accessible to users.

Token Wallet Integration

If required, the development team can also assist in integrating your token with popular Ethereum wallets, making it easy for users to store and manage your tokens.

Promotion and Adoption

After the launch, focus on promoting your token and gaining user adoption. Marketing and community engagement are essential to the success of your project.

Final words

Hope you understand the two primary methods of do-it-yourself development and opting for an ERC20 token development company. While the DIY approach can be rewarding for those with technical expertise, it’s not recommended for beginners or startups due to the mistakes and costs involved.

Hiring a reputable development company offers a streamlined and secure way to create ERC20 tokens that are in line with your business needs. With the right partner, you can navigate the complexities of blockchain development and launch your token successfully.

How to Create ERC20 Token on the Ethereum? was originally published in CryptoStars on Medium, where people are continuing the conversation by highlighting and responding to this story.
How Do You Report Your Crypto Taxes?If you invest in or trade cryptocurrencies, your goal is to make a profit. When you take that profit by converting your crypto back into dollars, you owe the IRS taxes on your capital gains. Whether you pay short term capital gains or long term capital gains depends on how long you held your crypto tokens before selling them. For anyone who makes an occasional withdrawal, the issue is not all that difficult. For anyone who buys and sells crypto many times a year or month or day, it can be complicated. How do you report your crypto taxes when you have a constant stream of crypto purchases and sales? <a href="https://medium.com/media/0cdd28ed6ae08f8cec214c0110d43662/href">https://medium.com/media/0cdd28ed6ae08f8cec214c0110d43662/href</a> Training: How to Identify Profit-Making Opportunities with Trend Analysis Crypto Tax Reporting Requirements If you have crypto-related taxes to pay, that is your responsibility. However, it is also the responsibility of the exchange that you work through to report your crypto transactions as well. The IRS and Department of the Treasury are proposing a new crypto tax reporting rule that will include crypto tokens, NFTs, and any other digital assets. For example, if you are engaging in blockchain gaming and are making a profit from time to time, you will need to be paying taxes on your gains. And the exchange or other entity through which you are working will need to report this. Explainer Video for Gap Analysis Trading Paying Someone to Do Your Crypto Taxes Anyone with even a moderately complicated tax situation typically pays someone to do their taxes. This typically has to do with deductions for losses, taking depreciation on assets, and the like. In the case of multiple crypto transactions, gains, and losses, there are tax tools that will help sort this out, do the multiple calculations involved and make your crypto-tax-paying life a lot easier. And the exchange through which you do your trading should be providing you with the same information that they are going to provide to the IRS. Your platform may facilitate crypto tax reporting by offering an API that links directly to a tax reporting tool. Learn About Capital Gains Taxes If you buy and sell cryptocurrencies and try to time the market you may have been successful. Perhaps you recognized in January of 2023 that the crypto winter market had bottomed out. You purchased Bitcoin at $16,600 and now hold tokens worth $25,680 at the start of September. You could have sold in July when the token peaked at over $31,000 but you decided to wait until you had held the tokens for a year to avoid short term capital gains taxes. Depending on your tax bracket, short term capital gains taxes range from 10% to 37%. And depending on your tax bracket, long term capital gains range from 0% to 20%. If you are in the lowest tax bracket your short term gains on selling in July would have been $31,000-$16,600 = $14,400. Taxes for this short term capital gain would have been $1,440. You would have done better selling and paying your taxes than holding until the price fell. This all assumes that Bitcoin will trade sideways for the next year. In the lowest tax bracket your gains at the end of a year of holding your Bitcoin will be your profit times zero percent. Knowing when to buy and sell as the market rises and falls is important. But so is knowing the difference between short and long term capital gains taxes. If you do not understand how this applies to you after a series of complex trades, get advice from an expert! FREE: BENZINGA Pro — Register for a FREE, Two-Week Trial <a href="https://medium.com/media/0afeb2b20d8350b126eb311142b37a90/href">https://medium.com/media/0afeb2b20d8350b126eb311142b37a90/href</a> Originally published at https://profitableinvestingtips.com on September 10, 2023. How Do You Report Your Crypto Taxes? was originally published in CryptoStars on Medium, where people are continuing the conversation by highlighting and responding to this story.

How Do You Report Your Crypto Taxes?

If you invest in or trade cryptocurrencies, your goal is to make a profit. When you take that profit by converting your crypto back into dollars, you owe the IRS taxes on your capital gains. Whether you pay short term capital gains or long term capital gains depends on how long you held your crypto tokens before selling them. For anyone who makes an occasional withdrawal, the issue is not all that difficult. For anyone who buys and sells crypto many times a year or month or day, it can be complicated. How do you report your crypto taxes when you have a constant stream of crypto purchases and sales?

<a href="https://medium.com/media/0cdd28ed6ae08f8cec214c0110d43662/href">https://medium.com/media/0cdd28ed6ae08f8cec214c0110d43662/href</a> Training: How to Identify Profit-Making Opportunities with Trend Analysis Crypto Tax Reporting Requirements

If you have crypto-related taxes to pay, that is your responsibility. However, it is also the responsibility of the exchange that you work through to report your crypto transactions as well. The IRS and Department of the Treasury are proposing a new crypto tax reporting rule that will include crypto tokens, NFTs, and any other digital assets. For example, if you are engaging in blockchain gaming and are making a profit from time to time, you will need to be paying taxes on your gains. And the exchange or other entity through which you are working will need to report this.

Explainer Video for Gap Analysis Trading Paying Someone to Do Your Crypto Taxes

Anyone with even a moderately complicated tax situation typically pays someone to do their taxes. This typically has to do with deductions for losses, taking depreciation on assets, and the like. In the case of multiple crypto transactions, gains, and losses, there are tax tools that will help sort this out, do the multiple calculations involved and make your crypto-tax-paying life a lot easier. And the exchange through which you do your trading should be providing you with the same information that they are going to provide to the IRS. Your platform may facilitate crypto tax reporting by offering an API that links directly to a tax reporting tool.

Learn About Capital Gains Taxes

If you buy and sell cryptocurrencies and try to time the market you may have been successful. Perhaps you recognized in January of 2023 that the crypto winter market had bottomed out. You purchased Bitcoin at $16,600 and now hold tokens worth $25,680 at the start of September. You could have sold in July when the token peaked at over $31,000 but you decided to wait until you had held the tokens for a year to avoid short term capital gains taxes. Depending on your tax bracket, short term capital gains taxes range from 10% to 37%. And depending on your tax bracket, long term capital gains range from 0% to 20%.

If you are in the lowest tax bracket your short term gains on selling in July would have been $31,000-$16,600 = $14,400. Taxes for this short term capital gain would have been $1,440. You would have done better selling and paying your taxes than holding until the price fell. This all assumes that Bitcoin will trade sideways for the next year. In the lowest tax bracket your gains at the end of a year of holding your Bitcoin will be your profit times zero percent. Knowing when to buy and sell as the market rises and falls is important. But so is knowing the difference between short and long term capital gains taxes. If you do not understand how this applies to you after a series of complex trades, get advice from an expert!

FREE: BENZINGA Pro — Register for a FREE, Two-Week Trial

<a href="https://medium.com/media/0afeb2b20d8350b126eb311142b37a90/href">https://medium.com/media/0afeb2b20d8350b126eb311142b37a90/href</a>

Originally published at https://profitableinvestingtips.com on September 10, 2023.

How Do You Report Your Crypto Taxes? was originally published in CryptoStars on Medium, where people are continuing the conversation by highlighting and responding to this story.
Breaking New Realities: an Exciting World of AR and VR DevelopmentAre you ready to enter a world where virtual and real reality coexist peacefully? AR and VR Development It’s no longer in the far future, I guess. We are already on the edge of this technological revolution as augmented reality (AR) and virtual reality (VR) technology evolve. In this article, we’ll explore the most recent developments in AR and VR that we may anticipate upcoming future. Understanding AR and VR Before delving into the recent developments, it’s essential to understand what AR and VR are. To improve the user’s experience, augmented reality (AR) technology covers computer-generated graphics in the real world. On the other hand, virtual reality (VR) technology envelopes the user in a virtual environment. Improvement in AR Development: We may anticipate some fascinating developments in AR technology in upcoming years. For example, developers are attempting to make AR tracking systems more precise and swift. Users will thus be able to engage with augmented things more straightforwardly and naturally. In the healthcare sector, particularly for remote consultations and diagnostics, we may anticipate seeing more applications of augmented reality. Improvement in VR Development: VR technology development is likewise moving forward at an overwhelming rate. More accessible and affordable VR headsets should hit the market in future. This will open up options for businesses to develop new VR applications and provide VR experiences to a larger audience. Additionally, programmers are attempting to make VR settings more realistic by adding tangible feedback devices. These technologies offer sensory feedback that heightens the user’s immersion and realism, such as pressure or vibrations. Recent AR/VR Trends which shapes the industry in 2023: Some trends we can see here are: Trends and innovations in AR and VR Development are reshaping how we interact with technology. One exciting trend is the concept of the metaverse, a digital universe where people can work, play, and socialize. It’s like the internet but in a 3D world. This is opening up new possibilities for immersive experiences. Artificial Intelligence (AI) is another game-changer. It’s making AR and VR smarter, allowing them to understand and respond to our actions. Think about how your virtual pet in a game can now learn and react to your behavior — that’s AI at work. Improvements in physical feedback are enhancing our sense of touch in VR. You can feel the texture of objects in the virtual world, making it feel more real. Social VR platforms are growing too. You can hang out with friends or meet new people in VR, just like in the real world. These trends are not only exciting but also create many opportunities for developers and users alike. As AR and VR continue to evolve, we can expect even more incredible experiences that blend the virtual and real worlds in ways we never thought possible. Benefits of AR and VR Development AR (Augmented Reality) and VR (Virtual Reality) development offer a host of exciting benefits that impact various industries and our daily lives. Let’s dive into some of the advantages these technologies bring. Enhanced Learning Experiences In education and training, AR and VR make learning interactive and engaging. Students can explore historical events, dissect virtual organisms, or even practice surgery in a safe and controlled environment. This hands-on approach boosts understanding and retention. Improved Healthcare AR assists doctors in surgeries by overlaying critical information on the patient. VR aids in pain management and physical therapy. Patients can also use VR to reduce anxiety during medical procedures. These innovations enhance patient outcomes and care. Realistic Prototyping In product design and architecture, AR and VR enable realistic prototyping. Engineers and architects can visualize designs in 3D, spotting flaws and making improvements before physical production. This reduces costs and accelerates innovation. Immersive Entertainment The gaming industry has embraced VR, offering players immersive adventures. AR enhances our daily entertainment, like Pokemon GO’s augmented world exploration. These technologies elevate entertainment to new heights. Enhanced Marketing AR enhances marketing by allowing customers to try products virtually. For instance, you can see how the furniture fits in your home before buying. VR marketing experiences immerse customers in brand stories, forging stronger connections. Remote Collaboration AR and VR facilitate remote collaboration by bringing people together in virtual spaces. Teams can work on projects or attend meetings as if they were in the same room, saving time and resources. Skill Development Training simulations in VR hone skills in fields such as aviation and the military. AR assists technicians with real-time data, simplifying complex tasks. These technologies contribute to safer, more skilled professionals. Finally, AR and VR Development enrich education, healthcare, design, entertainment, marketing, collaboration, and skill-building. Their applications continue to expand, promising a future where these technologies improve our lives in countless ways. Future Trends of AR and VR Development Intro of AI in AR/VR Space: Virtual reality, augmented reality, and artificial intelligence have all long since entered the business area and each has shown great promise. But in the future, AR VR developers will be eager to talk about the potential of their collaboration. They will investigate how sophisticated machine learning algorithms and other AI techniques can help computers and other gadgets visualize and understand things more efficiently. The creation of highly interactive workplaces and improved picture identification technologies will also follow from this. Utilizing the might of AR to equip vehicles The world is embracing autonomous vehicles more and more. People are patiently waiting to board these autonomous vehicles. However, the integration of augmented reality into these vehicles shortly amazes the automakers. Future business people in the automotive sector will embrace the idea of redefining how people move and travel through the use of voice assistants, in-car augmented reality, and other emerging technologies by combining these two top technological trends. Advancements in AR/VR displays The development of displays is another industry trend for AR and VR that will continue to increase. This year, the AR/VR headsets’ screens will be enlarged to prevent blurriness and eye strain from the massive amount of high-power content that will be displayed on the screen. Ending Thoughts: The realm of AR and VR Development is an exciting technological frontier that has the potential to transform how we live, work, and play. It is fully clear that AR and VR are more than just trendy terms; They are reshaping sectors and opening up new opportunities as we have examined the development of these immersive technologies, their practical applications, and the fascinating products on the horizon. The advantages are obvious, from improved educational opportunities to a revolution in healthcare, from reimagining marketing to promoting remote collaboration. The real and virtual worlds are blending naturally with advances in augmented reality (AR) and virtual reality (VR). Breaking New Realities: An Exciting World of AR and VR Development was originally published in CryptoStars on Medium, where people are continuing the conversation by highlighting and responding to this story.

Breaking New Realities: an Exciting World of AR and VR Development

Are you ready to enter a world where virtual and real reality coexist peacefully?

AR and VR Development

It’s no longer in the far future, I guess. We are already on the edge of this technological revolution as augmented reality (AR) and virtual reality (VR) technology evolve.

In this article, we’ll explore the most recent developments in AR and VR that we may anticipate upcoming future.

Understanding AR and VR

Before delving into the recent developments, it’s essential to understand what AR and VR are. To improve the user’s experience, augmented reality (AR) technology covers computer-generated graphics in the real world.

On the other hand, virtual reality (VR) technology envelopes the user in a virtual environment.

Improvement in AR Development:

We may anticipate some fascinating developments in AR technology in upcoming years. For example, developers are attempting to make AR tracking systems more precise and swift. Users will thus be able to engage with augmented things more straightforwardly and naturally.

In the healthcare sector, particularly for remote consultations and diagnostics, we may anticipate seeing more applications of augmented reality.

Improvement in VR Development:

VR technology development is likewise moving forward at an overwhelming rate. More accessible and affordable VR headsets should hit the market in future. This will open up options for businesses to develop new VR applications and provide VR experiences to a larger audience.

Additionally, programmers are attempting to make VR settings more realistic by adding tangible feedback devices. These technologies offer sensory feedback that heightens the user’s immersion and realism, such as pressure or vibrations.

Recent AR/VR Trends which shapes the industry in 2023:

Some trends we can see here are:

Trends and innovations in AR and VR Development are reshaping how we interact with technology.

One exciting trend is the concept of the metaverse, a digital universe where people can work, play, and socialize. It’s like the internet but in a 3D world. This is opening up new possibilities for immersive experiences.

Artificial Intelligence (AI) is another game-changer. It’s making AR and VR smarter, allowing them to understand and respond to our actions. Think about how your virtual pet in a game can now learn and react to your behavior — that’s AI at work.

Improvements in physical feedback are enhancing our sense of touch in VR.

You can feel the texture of objects in the virtual world, making it feel more real.

Social VR platforms are growing too. You can hang out with friends or meet new people in VR, just like in the real world.

These trends are not only exciting but also create many opportunities for developers and users alike. As AR and VR continue to evolve, we can expect even more incredible experiences that blend the virtual and real worlds in ways we never thought possible.

Benefits of AR and VR Development

AR (Augmented Reality) and VR (Virtual Reality) development offer a host of exciting benefits that impact various industries and our daily lives. Let’s dive into some of the advantages these technologies bring.

Enhanced Learning Experiences

In education and training, AR and VR make learning interactive and engaging. Students can explore historical events, dissect virtual organisms, or even practice surgery in a safe and controlled environment. This hands-on approach boosts understanding and retention.

Improved Healthcare

AR assists doctors in surgeries by overlaying critical information on the patient. VR aids in pain management and physical therapy. Patients can also use VR to reduce anxiety during medical procedures. These innovations enhance patient outcomes and care.

Realistic Prototyping

In product design and architecture, AR and VR enable realistic prototyping. Engineers and architects can visualize designs in 3D, spotting flaws and making improvements before physical production. This reduces costs and accelerates innovation.

Immersive Entertainment

The gaming industry has embraced VR, offering players immersive adventures. AR enhances our daily entertainment, like Pokemon GO’s augmented world exploration. These technologies elevate entertainment to new heights.

Enhanced Marketing

AR enhances marketing by allowing customers to try products virtually. For instance, you can see how the furniture fits in your home before buying. VR marketing experiences immerse customers in brand stories, forging stronger connections.

Remote Collaboration

AR and VR facilitate remote collaboration by bringing people together in virtual spaces. Teams can work on projects or attend meetings as if they were in the same room, saving time and resources.

Skill Development

Training simulations in VR hone skills in fields such as aviation and the military. AR assists technicians with real-time data, simplifying complex tasks. These technologies contribute to safer, more skilled professionals.

Finally, AR and VR Development enrich education, healthcare, design, entertainment, marketing, collaboration, and skill-building. Their applications continue to expand, promising a future where these technologies improve our lives in countless ways.

Future Trends of AR and VR Development

Intro of AI in AR/VR Space:

Virtual reality, augmented reality, and artificial intelligence have all long since entered the business area and each has shown great promise.

But in the future, AR VR developers will be eager to talk about the potential of their collaboration. They will investigate how sophisticated machine learning algorithms and other AI techniques can help computers and other gadgets visualize and understand things more efficiently.

The creation of highly interactive workplaces and improved picture identification technologies will also follow from this.

Utilizing the might of AR to equip vehicles

The world is embracing autonomous vehicles more and more. People are patiently waiting to board these autonomous vehicles. However, the integration of augmented reality into these vehicles shortly amazes the automakers.

Future business people in the automotive sector will embrace the idea of redefining how people move and travel through the use of voice assistants, in-car augmented reality, and other emerging technologies by combining these two top technological trends.

Advancements in AR/VR displays

The development of displays is another industry trend for AR and VR that will continue to increase.

This year, the AR/VR headsets’ screens will be enlarged to prevent blurriness and eye strain from the massive amount of high-power content that will be displayed on the screen.

Ending Thoughts:

The realm of AR and VR Development is an exciting technological frontier that has the potential to transform how we live, work, and play. It is fully clear that AR and VR are more than just trendy terms;

They are reshaping sectors and opening up new opportunities as we have examined the development of these immersive technologies, their practical applications, and the fascinating products on the horizon.

The advantages are obvious, from improved educational opportunities to a revolution in healthcare, from reimagining marketing to promoting remote collaboration. The real and virtual worlds are blending naturally with advances in augmented reality (AR) and virtual reality (VR).

Breaking New Realities: An Exciting World of AR and VR Development was originally published in CryptoStars on Medium, where people are continuing the conversation by highlighting and responding to this story.
The Ultimate Guide to White Paper Writing ServicesIn today’s highly competitive digital landscape, businesses are constantly striving to capture the attention of their target audience. One powerful tool that can help achieve this goal is a well-crafted white paper. A white paper is an authoritative document that provides valuable insights and information on a specific topic, designed to educate and influence readers. In this comprehensive guide, we will delve into the world of white paper writing services, uncovering the key elements that make them effective and explaining how they can give your business a competitive edge. What Are White Paper Writing Services? White paper writing services are professional writing solutions that specialize in creating well-researched and persuasive white papers. These services employ skilled writers who have expertise in various industries, enabling them to produce high-quality content that resonates with your target audience. By leveraging their knowledge and experience, these experts can craft compelling white papers that establish your business as a thought leader and help you attract and retain customers. The Benefits of White Paper Writing Services 👉Establishing Thought Leadership One of the primary advantages of utilizing white paper writing services is the opportunity to establish thought leadership in your industry. By producing insightful and informative white papers, you can position your business as an authority in the field. This credibility not only enhances your brand image but also fosters trust among your audience, making them more likely to engage with your products or services. 👉Generating Qualified Leads White papers serve as powerful lead-generation tools. When well-written and strategically promoted, they can capture the attention of potential customers actively seeking information and solutions related to your industry. By providing valuable content and addressing their pain points, white papers can attract qualified leads and drive them toward your sales funnel. 👉Driving Website Traffic By incorporating relevant keywords and optimizing your white papers for search engines, you can significantly increase your website’s organic traffic. When your white papers rank high in search engine results, you attract visitors actively searching for the information you provide. This targeted traffic not only improves your visibility but also enhances the chances of converting these visitors into paying customers. The Anatomy of an Effective White Paper To create a white paper that stands out and attracts readers, it’s essential to understand its key components. Here are the fundamental elements that make up an effective white paper: ⏭Compelling Title A compelling title is the first step toward grabbing the attention of your target audience. It should be concise, descriptive, and highlight the primary benefit or solution your white paper offers. By using keywords relevant to your industry, you can also optimize the title for search engines, increasing its visibility. ⏭Engaging Introduction The introduction sets the tone for the entire white paper. It should be captivating, drawing readers in and making them eager to explore further. Begin with a compelling hook line, such as an exciting question, a surprising statistic, or a relatable anecdote. Clearly state the purpose of the white paper and the problem it aims to solve. ⏭In-Depth Research A well-researched white paper is the foundation of its credibility. Conduct thorough research on the topic, gather data and statistics from reliable sources, and cite your references accordingly. By providing accurate and up-to-date information, you establish trust with your readers and position your business as a reliable source of knowledge. ⏭Structured Content Organize your white paper into logical sections and subsections, using headings and subheadings to guide readers through the content. This makes it easier for readers to navigate and digest the information. Each section should flow naturally into the next, resulting in a cohesive and comprehensive text. ⏭Clear and Concise Writing White papers should be written in a clear and concise manner, avoiding jargon and unnecessary complexity. Use language that is accessible to your target audience, while still maintaining a professional tone. Break down complex concepts into easily understandable terms and provide real-life examples to illustrate your points. ⏭Visual Elements Incorporating visual elements such as charts, graphs, and infographics can enhance the readability and impact of your white paper. Visual representations of data and statistics make the information more digestible and engaging for readers. Ensure the visuals are relevant, well-designed, and support the key messages of your white paper. ⏭Compelling Conclusion The conclusion of your white paper should summarize the main points and reiterate the key takeaways. It should leave readers with a sense of closure and a clear understanding of the benefits they will gain by implementing the solutions or recommendations presented in the white paper. You can also provide a call to action, encouraging readers to further engage with your business. How to Choose the Right White Paper Writing Service? Selecting the right white paper writing service is crucial for achieving the desired results. The below sections give you some necessary factors to consider when making a decision: 👉Expertise and Industry Knowledge Ensure the writing service you choose has a team of skilled writers knowledgeable about your industry. They should have a deep understanding of your target audience, pain points, and industry trends. This expertise will enable them to create white papers that resonate with your readers and provide valuable insights. 👉Portfolio and Samples Review the portfolio and samples of the writing service to gauge the quality of their work. Look for well-researched and well-written white papers that demonstrate their ability to deliver engaging and informative content. This will give you a sense of their writing style and whether it aligns with your brand voice. 👉Client Testimonials Seek out client testimonials and reviews to get a sense of the writing service’s reputation and the satisfaction of their previous clients. Positive feedback and recommendations can provide valuable insights into the service provider’s reliability, professionalism, and ability to meet deadlines. 👉Customization and Collaboration Choose a writing service that offers customization options and values collaboration with their clients. Effective white papers require a deep understanding of your business and its unique offerings. The writing service should be willing to work closely with you, incorporating your input and feedback throughout the writing process. Conclusion White paper writing services can be invaluable assets in helping your business outrank competitors and establish thought leadership in your industry. By leveraging their expertise, you can create compelling and informative white papers that attract qualified leads, drive website traffic, and position your business as a trusted authority. Remember to focus on the key elements of an effective white paper, conduct thorough research, and choose a writing service that aligns with your business goals and values. The Ultimate Guide to White Paper Writing Services was originally published in CryptoStars on Medium, where people are continuing the conversation by highlighting and responding to this story.

The Ultimate Guide to White Paper Writing Services

In today’s highly competitive digital landscape, businesses are constantly striving to capture the attention of their target audience. One powerful tool that can help achieve this goal is a well-crafted white paper. A white paper is an authoritative document that provides valuable insights and information on a specific topic, designed to educate and influence readers. In this comprehensive guide, we will delve into the world of white paper writing services, uncovering the key elements that make them effective and explaining how they can give your business a competitive edge.

What Are White Paper Writing Services?

White paper writing services are professional writing solutions that specialize in creating well-researched and persuasive white papers. These services employ skilled writers who have expertise in various industries, enabling them to produce high-quality content that resonates with your target audience. By leveraging their knowledge and experience, these experts can craft compelling white papers that establish your business as a thought leader and help you attract and retain customers.

The Benefits of White Paper Writing Services

👉Establishing Thought Leadership

One of the primary advantages of utilizing white paper writing services is the opportunity to establish thought leadership in your industry. By producing insightful and informative white papers, you can position your business as an authority in the field. This credibility not only enhances your brand image but also fosters trust among your audience, making them more likely to engage with your products or services.

👉Generating Qualified Leads

White papers serve as powerful lead-generation tools. When well-written and strategically promoted, they can capture the attention of potential customers actively seeking information and solutions related to your industry. By providing valuable content and addressing their pain points, white papers can attract qualified leads and drive them toward your sales funnel.

👉Driving Website Traffic

By incorporating relevant keywords and optimizing your white papers for search engines, you can significantly increase your website’s organic traffic. When your white papers rank high in search engine results, you attract visitors actively searching for the information you provide. This targeted traffic not only improves your visibility but also enhances the chances of converting these visitors into paying customers.

The Anatomy of an Effective White Paper

To create a white paper that stands out and attracts readers, it’s essential to understand its key components. Here are the fundamental elements that make up an effective white paper:

⏭Compelling Title

A compelling title is the first step toward grabbing the attention of your target audience. It should be concise, descriptive, and highlight the primary benefit or solution your white paper offers. By using keywords relevant to your industry, you can also optimize the title for search engines, increasing its visibility.

⏭Engaging Introduction

The introduction sets the tone for the entire white paper. It should be captivating, drawing readers in and making them eager to explore further. Begin with a compelling hook line, such as an exciting question, a surprising statistic, or a relatable anecdote. Clearly state the purpose of the white paper and the problem it aims to solve.

⏭In-Depth Research

A well-researched white paper is the foundation of its credibility. Conduct thorough research on the topic, gather data and statistics from reliable sources, and cite your references accordingly. By providing accurate and up-to-date information, you establish trust with your readers and position your business as a reliable source of knowledge.

⏭Structured Content

Organize your white paper into logical sections and subsections, using headings and subheadings to guide readers through the content. This makes it easier for readers to navigate and digest the information. Each section should flow naturally into the next, resulting in a cohesive and comprehensive text.

⏭Clear and Concise Writing

White papers should be written in a clear and concise manner, avoiding jargon and unnecessary complexity. Use language that is accessible to your target audience, while still maintaining a professional tone. Break down complex concepts into easily understandable terms and provide real-life examples to illustrate your points.

⏭Visual Elements

Incorporating visual elements such as charts, graphs, and infographics can enhance the readability and impact of your white paper. Visual representations of data and statistics make the information more digestible and engaging for readers. Ensure the visuals are relevant, well-designed, and support the key messages of your white paper.

⏭Compelling Conclusion

The conclusion of your white paper should summarize the main points and reiterate the key takeaways. It should leave readers with a sense of closure and a clear understanding of the benefits they will gain by implementing the solutions or recommendations presented in the white paper. You can also provide a call to action, encouraging readers to further engage with your business.

How to Choose the Right White Paper Writing Service?

Selecting the right white paper writing service is crucial for achieving the desired results. The below sections give you some necessary factors to consider when making a decision:

👉Expertise and Industry Knowledge

Ensure the writing service you choose has a team of skilled writers knowledgeable about your industry. They should have a deep understanding of your target audience, pain points, and industry trends. This expertise will enable them to create white papers that resonate with your readers and provide valuable insights.

👉Portfolio and Samples

Review the portfolio and samples of the writing service to gauge the quality of their work. Look for well-researched and well-written white papers that demonstrate their ability to deliver engaging and informative content. This will give you a sense of their writing style and whether it aligns with your brand voice.

👉Client Testimonials

Seek out client testimonials and reviews to get a sense of the writing service’s reputation and the satisfaction of their previous clients. Positive feedback and recommendations can provide valuable insights into the service provider’s reliability, professionalism, and ability to meet deadlines.

👉Customization and Collaboration

Choose a writing service that offers customization options and values collaboration with their clients. Effective white papers require a deep understanding of your business and its unique offerings. The writing service should be willing to work closely with you, incorporating your input and feedback throughout the writing process.

Conclusion

White paper writing services can be invaluable assets in helping your business outrank competitors and establish thought leadership in your industry. By leveraging their expertise, you can create compelling and informative white papers that attract qualified leads, drive website traffic, and position your business as a trusted authority. Remember to focus on the key elements of an effective white paper, conduct thorough research, and choose a writing service that aligns with your business goals and values.

The Ultimate Guide to White Paper Writing Services was originally published in CryptoStars on Medium, where people are continuing the conversation by highlighting and responding to this story.
Web3 Quest Creation Platforms: a Guide for Marketers and FoundersWeb3 quests are a new way to engage users and educate them about blockchain technology. They are essentially gamified digital experiences that allow users to earn rewards for completing tasks. Marketers and founders should care about Web3 quests for several reasons. First, they can be a great way to attract new users to your product or community. Lastly, they can help you educate users the product your are building. You can think of it as launching on Product Hunt. There are a growing number of Web3 quest creation platforms available. This can make it difficult to know which platform to choose. In this guide, I will provide an overview of the different Web3 quest creation platforms and help you choose the right one for your needs. What is a Web3 Quest? A Web3 quest allows users to earn rewards for completing tasks. These tasks can be anything from social media actions to completing recurring actions on your products. Web3 quests are typically launched on the blockchain to facilitate smart contracts actions from taking place. Why Should Marketers and Founders Care About Web3 Quests? There are several reasons why marketers and founders should care about Web3 quests. First, they can be a great way to attract new users to your platform or project. Quests can be used to introduce users to your product or service and give them a taste of what you have to offer. Web3 quests can help you build a community of engaged users who are more likely to become customers or supporters. By rewarding users for completing tasks, you can encourage them to come back and participate in your quest. This can help you build a loyal community of users who are invested in your success. Be mindful of your choice of reward too! How to Stay Safe As with any new technology, there are some risks associated with Web3 quests. It is important to be aware of these risks and take steps to protect yourself. One risk is that you could lose your cryptocurrency or NFTs if you are not careful. When you setting up a quest, you are typically asked to deposit cryptocurrency or NFTs. Always opt to use the platforms reward system or utilise a different platform to create your smart contracts. Conclusion Web3 quests are a new and exciting way to engage users and educate them about blockchain technology. They can be a great tool for marketers and founders who are looking to attract new users, educate users about their products, and build a community of engaged users. If you are interested in creating a Web3 quest, there are a number of platforms available to help you get started. I created a free guide that provide you with an overview of the different Web3 quest creation platforms available in the space. Click this link to download my free guide to Web3 quest creation platforms when its live. Web3 Quest Creation Platforms: A Guide for Marketers and Founders was originally published in CryptoStars on Medium, where people are continuing the conversation by highlighting and responding to this story.

Web3 Quest Creation Platforms: a Guide for Marketers and Founders

Web3 quests are a new way to engage users and educate them about blockchain technology. They are essentially gamified digital experiences that allow users to earn rewards for completing tasks.

Marketers and founders should care about Web3 quests for several reasons. First, they can be a great way to attract new users to your product or community. Lastly, they can help you educate users the product your are building.

You can think of it as launching on Product Hunt.

There are a growing number of Web3 quest creation platforms available. This can make it difficult to know which platform to choose. In this guide, I will provide an overview of the different Web3 quest creation platforms and help you choose the right one for your needs.

What is a Web3 Quest?

A Web3 quest allows users to earn rewards for completing tasks. These tasks can be anything from social media actions to completing recurring actions on your products.

Web3 quests are typically launched on the blockchain to facilitate smart contracts actions from taking place.

Why Should Marketers and Founders Care About Web3 Quests?

There are several reasons why marketers and founders should care about Web3 quests. First, they can be a great way to attract new users to your platform or project. Quests can be used to introduce users to your product or service and give them a taste of what you have to offer.

Web3 quests can help you build a community of engaged users who are more likely to become customers or supporters. By rewarding users for completing tasks, you can encourage them to come back and participate in your quest. This can help you build a loyal community of users who are invested in your success.

Be mindful of your choice of reward too!

How to Stay Safe

As with any new technology, there are some risks associated with Web3 quests. It is important to be aware of these risks and take steps to protect yourself.

One risk is that you could lose your cryptocurrency or NFTs if you are not careful. When you setting up a quest, you are typically asked to deposit cryptocurrency or NFTs. Always opt to use the platforms reward system or utilise a different platform to create your smart contracts.

Conclusion

Web3 quests are a new and exciting way to engage users and educate them about blockchain technology. They can be a great tool for marketers and founders who are looking to attract new users, educate users about their products, and build a community of engaged users.

If you are interested in creating a Web3 quest, there are a number of platforms available to help you get started. I created a free guide that provide you with an overview of the different Web3 quest creation platforms available in the space.

Click this link to download my free guide to Web3 quest creation platforms when its live.

Web3 Quest Creation Platforms: A Guide for Marketers and Founders was originally published in CryptoStars on Medium, where people are continuing the conversation by highlighting and responding to this story.
Breaking Down the State of Web3 Growth Tech Stack From SafaryPhoto by Unsplash on  Unsplash Safary, a Web3 company that builds marketing attribution tool, recently published a 2023 version of the growth tech landscape. In today’s article, I want to break down the different tools into categories that interest me in the first category — Loyalty. Understanding my interests As someone who have experience with the full spectrum of marketing, some of the category of tools that interest me includes: Loyalty, Community, Community tools, Affiliate and Referrals, Discovery, Quests, Analytics, and Ad Networks. These category of tools are important as a marketer because these tools help businesses with acquire and retain their customers, build a community, analyse results of their campaigns, and lastly run paid campaign to accelerate growth. Let’s take a look at the first category of tools. Loyalty According to Safary, there are a total of 28 companies building in this particular category and 20 of these companies have raised a total combined of $115M. As I write this article, I will write a short blurb as to my feedback on these tool in terms of its capabilities and whether I might use them for my own businesses. Still here? Follow me on my new Instagram channel where I share marketing tips for founders! Toki Toki is a Shopify partners that helps D2C brands tackle the full customer journey. On their website, they highlighted the use of quizzes and build-in-quests to increase customer engagement. Companies who are interested in using Toki simply integrates their products and they are able to easily experience the benefits Toki provides. In general, Toki’ plans are affordable for companies across different stages and it helps businesses increase its customer engagement while providing tools to retain them. If you are a D2C brand owner, interested in trying Toki out, click this link here. Uptop On first look, the company seems to be focused on Web3 rewards where businesses are able to create fungible and non-fungible token rewards. Uptop also help businesses integrates their products to Shopify or other major E-commerce platforms to make things easier for businesses to get to get started. I would recommend founders to request a demo to learn more about Uptop as I couldn’t understand what benefits businesses actually reap from using Uptop. Seems like you really like my stuff. Join me on my new Instagram channel where I share marketing tips for founders! Tropee I first discovered Tropee when I was researching the different quest creation platforms a few weeks ago. I am surprised to find Tropee in the Loyalty category of Safary’ reports. Tropee seems to be targeting NFTs collections where its eligibility features track users’ NFTs before allowing their participation. Screenshot from  Author I was tempted to create my first campaign on Tropee however after researching further, it was confirmed that Tropee was created for NFT project owners. Regardless, I really like how Tropee presents itself and would love to experiment with it in the future when appropriate. Check out my profile I created on Tropee here. Intract I have came across Intract multiple of times on Twitter. The team behind Intract publishes high quality threads on Web3 marketing with occasional Twitter spaces with other founders or thought leaders. I initially thought they were a community similar to Safary but did not know they had a product behind their efforts. Intract offers both a community and a tool for founders interested to learn more about their users, or to create campaigns. The website explains their offering very simply and I have not had a chance to join their community nor to test their products. If you are interested to explore Intract for yourself, get started here. Have you followed me on my new Instagram channel? Drop your IG handle in the comment section below! CoCreate CoCreate offers similar features to the other platforms as covered in my article today. They provide businesses with API to run campaigns and issue token rewards to the business’ users. I created an account to explore the platform and here’s what I see. I would suggest scheduling a demo with CoCreate team to learn more about the platform and their pricing before running any campaigns using their API. Screenshot from  Author Hang Hang is backed by Paradigm to help businesses lower their customer acquisition costs by retaining their existing users. Businesses are able to create membership program without any coding knowledge. It seems like Hang is still building their product and they are collecting businesses information to grow their waitlist. It might be too early to write anything about them but will be happy to update the article once the product has been released to the public. What’s next? That’s it for today’s article, depending on the sentiment of this article I might continue to break down tools in Community, Community tools, Affiliate and Referrals, Discovery, Quests, Analytics, and Ad Networks. In the meantime, if you’re interested to create quests for your web3 startup, you might be interested in my guide to web3 quest strategy. In the guide, you will find different guidelines and pointers you will need to create a sound strategy for you business. Breaking down the state of Web3 Growth Tech Stack from Safary was originally published in CryptoStars on Medium, where people are continuing the conversation by highlighting and responding to this story.

Breaking Down the State of Web3 Growth Tech Stack From Safary

Photo by Unsplash on  Unsplash

Safary, a Web3 company that builds marketing attribution tool, recently published a 2023 version of the growth tech landscape. In today’s article, I want to break down the different tools into categories that interest me in the first category — Loyalty.

Understanding my interests

As someone who have experience with the full spectrum of marketing, some of the category of tools that interest me includes: Loyalty, Community, Community tools, Affiliate and Referrals, Discovery, Quests, Analytics, and Ad Networks.

These category of tools are important as a marketer because these tools help businesses with acquire and retain their customers, build a community, analyse results of their campaigns, and lastly run paid campaign to accelerate growth.

Let’s take a look at the first category of tools.

Loyalty

According to Safary, there are a total of 28 companies building in this particular category and 20 of these companies have raised a total combined of $115M. As I write this article, I will write a short blurb as to my feedback on these tool in terms of its capabilities and whether I might use them for my own businesses.

Still here? Follow me on my new Instagram channel where I share marketing tips for founders!

Toki

Toki is a Shopify partners that helps D2C brands tackle the full customer journey. On their website, they highlighted the use of quizzes and build-in-quests to increase customer engagement. Companies who are interested in using Toki simply integrates their products and they are able to easily experience the benefits Toki provides.

In general, Toki’ plans are affordable for companies across different stages and it helps businesses increase its customer engagement while providing tools to retain them. If you are a D2C brand owner, interested in trying Toki out, click this link here.

Uptop

On first look, the company seems to be focused on Web3 rewards where businesses are able to create fungible and non-fungible token rewards. Uptop also help businesses integrates their products to Shopify or other major E-commerce platforms to make things easier for businesses to get to get started.

I would recommend founders to request a demo to learn more about Uptop as I couldn’t understand what benefits businesses actually reap from using Uptop.

Seems like you really like my stuff. Join me on my new Instagram channel where I share marketing tips for founders!

Tropee

I first discovered Tropee when I was researching the different quest creation platforms a few weeks ago. I am surprised to find Tropee in the Loyalty category of Safary’ reports. Tropee seems to be targeting NFTs collections where its eligibility features track users’ NFTs before allowing their participation.

Screenshot from  Author

I was tempted to create my first campaign on Tropee however after researching further, it was confirmed that Tropee was created for NFT project owners. Regardless, I really like how Tropee presents itself and would love to experiment with it in the future when appropriate.

Check out my profile I created on Tropee here.

Intract

I have came across Intract multiple of times on Twitter. The team behind Intract publishes high quality threads on Web3 marketing with occasional Twitter spaces with other founders or thought leaders. I initially thought they were a community similar to Safary but did not know they had a product behind their efforts.

Intract offers both a community and a tool for founders interested to learn more about their users, or to create campaigns. The website explains their offering very simply and I have not had a chance to join their community nor to test their products. If you are interested to explore Intract for yourself, get started here.

Have you followed me on my new Instagram channel? Drop your IG handle in the comment section below!

CoCreate

CoCreate offers similar features to the other platforms as covered in my article today. They provide businesses with API to run campaigns and issue token rewards to the business’ users. I created an account to explore the platform and here’s what I see.

I would suggest scheduling a demo with CoCreate team to learn more about the platform and their pricing before running any campaigns using their API.

Screenshot from  Author Hang

Hang is backed by Paradigm to help businesses lower their customer acquisition costs by retaining their existing users. Businesses are able to create membership program without any coding knowledge. It seems like Hang is still building their product and they are collecting businesses information to grow their waitlist.

It might be too early to write anything about them but will be happy to update the article once the product has been released to the public.

What’s next?

That’s it for today’s article, depending on the sentiment of this article I might continue to break down tools in Community, Community tools, Affiliate and Referrals, Discovery, Quests, Analytics, and Ad Networks.

In the meantime, if you’re interested to create quests for your web3 startup, you might be interested in my guide to web3 quest strategy. In the guide, you will find different guidelines and pointers you will need to create a sound strategy for you business.

Breaking down the state of Web3 Growth Tech Stack from Safary was originally published in CryptoStars on Medium, where people are continuing the conversation by highlighting and responding to this story.
How Can Web3 Businesses Leverage Partnerships to Drive Growth in 2023Photo by rc.xyz NFT gallery on  Unsplash Looking to utilise partnership as a strategy to drive growth to your business? In this article, I break down the immense potential of partnerships and how they can be leveraged to drive growth in 2023 and beyond. With the rapidly nature of web3, partnerships have emerged as a key driver of growth for Web3 businesses looking to make a mark in the landscape. Collaborating with like-minded organisations can unlock a plethora of opportunities and propel web3 brands to new heights. Embracing the power of partnerships By teaming up with complementary brands, web3 businesses can tap into new audiences, expand their reach, and enhance their value proposition. Partnerships foster a sense of community, encouraging collective growth and innovation within the industry. Partnering with established brands provides web3 companies with a platform to amplify their brand exposure and reach. By joining forces, brands can tap into each other’s customer base, leveraging cross-promotional opportunities, co-marketing campaigns, and shared resources. This opens doors to new markets, increases brand visibility, and drives organic growth. Accessing expertise with partnerships Collaborating with strategic partners allows web3 brands to tap into specialised expertise and resources that they may not possess in-house. This could range from technical know-how and industry insights to access different products. By harnessing the strengths of partners, web3 brands can accelerate their growth trajectory and stay ahead of the competition. Fueling innovation and product development Partnerships can be a catalyst for innovation and product development within the web3 space. By combining forces with like-minded organisations, brands can pool their resources, knowledge, and creativity to create groundbreaking solutions. Collaborative efforts enable the exploration of new use cases, the development of unique features, and the co-creation of value-added offerings, resulting in increased market differentiation and customer satisfaction. Build Trust and Credibility Partnerships with reputable and established brands can significantly enhance the trust and credibility of web3 businesses. When customers see that a brand they trust is aligned with a web3 company, it helps bridge the gap and reduces barriers to adoption. Collaborative partnerships lend legitimacy to web3 brands, making them more attractive to potential customers and investors. The web3 landscape thrives on a vibrant and interconnected ecosystem. By actively seeking partnerships, web3 startups founders can contribute to the growth and vibrancy of the community. Collaboration fosters knowledge sharing, encourages the exchange of ideas, and paves the way for industry-wide advancements. As web3 continues to reshape the digital landscape, partnerships have become an essential growth strategy for forward-thinking brands. By embracing collaboration, web3 businesses can unlock new avenues for growth, amplify their brand reach, access specialized resources, and build trust within the industry. If you are interested in using Web3 quests to grow your startup, there are a number of platforms available to help you get started. I created a free guide that provides you with an overview of the different Web3 quest creation platforms available in the space. Click this link to download my free guide to Web3 quest creation platforms. How can web3 businesses leverage partnerships to drive growth in 2023 was originally published in CryptoStars on Medium, where people are continuing the conversation by highlighting and responding to this story.

How Can Web3 Businesses Leverage Partnerships to Drive Growth in 2023

Photo by rc.xyz NFT gallery on  Unsplash

Looking to utilise partnership as a strategy to drive growth to your business? In this article, I break down the immense potential of partnerships and how they can be leveraged to drive growth in 2023 and beyond.

With the rapidly nature of web3, partnerships have emerged as a key driver of growth for Web3 businesses looking to make a mark in the landscape. Collaborating with like-minded organisations can unlock a plethora of opportunities and propel web3 brands to new heights.

Embracing the power of partnerships

By teaming up with complementary brands, web3 businesses can tap into new audiences, expand their reach, and enhance their value proposition. Partnerships foster a sense of community, encouraging collective growth and innovation within the industry.

Partnering with established brands provides web3 companies with a platform to amplify their brand exposure and reach. By joining forces, brands can tap into each other’s customer base, leveraging cross-promotional opportunities, co-marketing campaigns, and shared resources. This opens doors to new markets, increases brand visibility, and drives organic growth.

Accessing expertise with partnerships

Collaborating with strategic partners allows web3 brands to tap into specialised expertise and resources that they may not possess in-house. This could range from technical know-how and industry insights to access different products. By harnessing the strengths of partners, web3 brands can accelerate their growth trajectory and stay ahead of the competition.

Fueling innovation and product development

Partnerships can be a catalyst for innovation and product development within the web3 space. By combining forces with like-minded organisations, brands can pool their resources, knowledge, and creativity to create groundbreaking solutions. Collaborative efforts enable the exploration of new use cases, the development of unique features, and the co-creation of value-added offerings, resulting in increased market differentiation and customer satisfaction.

Build Trust and Credibility

Partnerships with reputable and established brands can significantly enhance the trust and credibility of web3 businesses. When customers see that a brand they trust is aligned with a web3 company, it helps bridge the gap and reduces barriers to adoption. Collaborative partnerships lend legitimacy to web3 brands, making them more attractive to potential customers and investors.

The web3 landscape thrives on a vibrant and interconnected ecosystem. By actively seeking partnerships, web3 startups founders can contribute to the growth and vibrancy of the community. Collaboration fosters knowledge sharing, encourages the exchange of ideas, and paves the way for industry-wide advancements.

As web3 continues to reshape the digital landscape, partnerships have become an essential growth strategy for forward-thinking brands. By embracing collaboration, web3 businesses can unlock new avenues for growth, amplify their brand reach, access specialized resources, and build trust within the industry.

If you are interested in using Web3 quests to grow your startup, there are a number of platforms available to help you get started. I created a free guide that provides you with an overview of the different Web3 quest creation platforms available in the space. Click this link to download my free guide to Web3 quest creation platforms.

How can web3 businesses leverage partnerships to drive growth in 2023 was originally published in CryptoStars on Medium, where people are continuing the conversation by highlighting and responding to this story.
NFTs in Regulatory SightsIt would appear that the US Securities and Exchange Commission is shifting into high gear in its regulatory efforts regarding crypto. Now we have NFTs in regulatory sights of the SEC in their case against Impact Theory. The issue with the NFTs in question, as with a number of crypto tokens, is that the SEC says that they are unregistered securities. Impact Theory is a Los Angeles-based entertainment and media company. According to Bloomberg, the company raised about $30 million from its offering of NFTs. <a href="https://medium.com/media/0cdd28ed6ae08f8cec214c0110d43662/href">https://medium.com/media/0cdd28ed6ae08f8cec214c0110d43662/href</a> Explainer Video for Gap Analysis Trading Are NFTs Securities? We have generally thought of NFTs, from images of funny-looking apes to William Shatner’s dental x-rays, as being collectibles. This would make them like paintings, antiques, rare coins, and old baseball cards. Someone selling a Honus Wagner baseball card or a Picasso painting does not need to register these items as securities. What happened with Impact Theory? The SEC says that there were three levels of NFTS sold by Impact Theory. Investors were told that these tokens could be viewed as investments in their business as they were trying to create the “next Disney.” Impact Theory promoted these NFTs further by saying that if the company was successful, holders of these NFTs would receive “tremendous value” for their investments. The SEC made their ruling based on the same decades-old legal test for a security that they have applied to various crypto tokens. InsiderFinance: Level the Playing Field What Makes a Crypto Asset a Security? Reuters provides a short and clear explanation of what makes a crypto asset a security. The SEC argument is based on a 1946 Supreme Court ruling regarding investors in an orange grove in Florida. The wording of the court’s ruling is this: An investment of money in a common enterprise with profits to come solely from the efforts of others is a kind of security called an investment contract. When a person buys a painting, Honus Wagner baseball card, or a Bitcoin token, the value of that item stands on its own merits and not on the business efforts of others. Investments that rely on the efforts of others like a stock on the Nasdaq require specific disclosures about risk. The SEC is applying this thinking to a new business venture in LA that is essentially using NFTs as proxies for shares of stock. What Happens to Impact Theory and Its Tokens? Impact Theory is already settling with the SEC and paying a fine of $6 million. They are admitting no fault. Across the crypto world some have gone out of business and others have simply stopped dealing with the entities that got them in trouble with the SEC. The later appears to be the case with Impact Theory. These folks can sell NFTs if they wish. What they cannot do is link the value of these token to their business. The key regarding whether or not the tokens are securities is whether or not the profits of investors are linked to the continuing efforts of others. NFTs, like crypto tokens, that are linked to a “common enterprise” are likely to be designated as securities. Folks like Impact Theory will be able to create and sell such NFTs. However, they will need to jump through all of the hoops that are required for anyone registering a security like a stock on the New York Stock Exchange. Profit with Actionable Stock News, Trading Signals and Intelligent Chatrooms Originally published at https://profitableinvestingtips.com on September 4, 2023. NFTs in Regulatory Sights was originally published in CryptoStars on Medium, where people are continuing the conversation by highlighting and responding to this story.

NFTs in Regulatory Sights

It would appear that the US Securities and Exchange Commission is shifting into high gear in its regulatory efforts regarding crypto. Now we have NFTs in regulatory sights of the SEC in their case against Impact Theory. The issue with the NFTs in question, as with a number of crypto tokens, is that the SEC says that they are unregistered securities. Impact Theory is a Los Angeles-based entertainment and media company. According to Bloomberg, the company raised about $30 million from its offering of NFTs.

<a href="https://medium.com/media/0cdd28ed6ae08f8cec214c0110d43662/href">https://medium.com/media/0cdd28ed6ae08f8cec214c0110d43662/href</a> Explainer Video for Gap Analysis Trading Are NFTs Securities?

We have generally thought of NFTs, from images of funny-looking apes to William Shatner’s dental x-rays, as being collectibles. This would make them like paintings, antiques, rare coins, and old baseball cards. Someone selling a Honus Wagner baseball card or a Picasso painting does not need to register these items as securities. What happened with Impact Theory? The SEC says that there were three levels of NFTS sold by Impact Theory. Investors were told that these tokens could be viewed as investments in their business as they were trying to create the “next Disney.” Impact Theory promoted these NFTs further by saying that if the company was successful, holders of these NFTs would receive “tremendous value” for their investments. The SEC made their ruling based on the same decades-old legal test for a security that they have applied to various crypto tokens.

InsiderFinance: Level the Playing Field What Makes a Crypto Asset a Security?

Reuters provides a short and clear explanation of what makes a crypto asset a security. The SEC argument is based on a 1946 Supreme Court ruling regarding investors in an orange grove in Florida. The wording of the court’s ruling is this:

An investment of money in a common enterprise with profits to come solely from the efforts of others is a kind of security called an investment contract.

When a person buys a painting, Honus Wagner baseball card, or a Bitcoin token, the value of that item stands on its own merits and not on the business efforts of others. Investments that rely on the efforts of others like a stock on the Nasdaq require specific disclosures about risk. The SEC is applying this thinking to a new business venture in LA that is essentially using NFTs as proxies for shares of stock.

What Happens to Impact Theory and Its Tokens?

Impact Theory is already settling with the SEC and paying a fine of $6 million. They are admitting no fault. Across the crypto world some have gone out of business and others have simply stopped dealing with the entities that got them in trouble with the SEC. The later appears to be the case with Impact Theory. These folks can sell NFTs if they wish. What they cannot do is link the value of these token to their business. The key regarding whether or not the tokens are securities is whether or not the profits of investors are linked to the continuing efforts of others. NFTs, like crypto tokens, that are linked to a “common enterprise” are likely to be designated as securities. Folks like Impact Theory will be able to create and sell such NFTs. However, they will need to jump through all of the hoops that are required for anyone registering a security like a stock on the New York Stock Exchange.

Profit with Actionable Stock News, Trading Signals and Intelligent Chatrooms

Originally published at https://profitableinvestingtips.com on September 4, 2023.

NFTs in Regulatory Sights was originally published in CryptoStars on Medium, where people are continuing the conversation by highlighting and responding to this story.
Blockchain Development Companies in Hong KongHong Kong is a hub of innovation in blockchain technology, and its top 10 blockchain development companies are leading the charge. These companies are renowned for their cutting-edge solutions, global recognition, and commitment to driving blockchain adoption. This list also includes other key players like RisingMax Inc., iLogos Game Studios, and Best Web3 Development Company. Together, they form a dynamic ecosystem that is shaping the future of blockchain technology in the region and beyond. Let’s see what are those leading companies that are serving their best blockchain services in Hong Kong. Top 5 Blockchain Development Companies In Hong Kong RisingMax Inc. Suffescom Solutions Best Web3 Development Pingle Studio BR Softech List Of Top Blockchain Development Companies In Hong Kong 1. RisingMax Inc. — Hong Kong Based Blockchain Development Company When we count the leading companies that provide the best possible service for blockchain development in Hong Kong, one of the finest companies is RisingMax. They are one of the early companies that adapted and understood the potential of the blockchain. They provide a wide range of services, including blockchain based marketplace, metaverse gaming platform, metaverse marketplace development, Web3 game development, crypto exchange development, and many more. They provide services in various countries as well. The average development charges of RisingMax Inc. start from $25 to $49/hour. They have delivered their services to renowned global companies like Universal, BMW, Domino’s Pizza, Philips, Pfizer, and 500+ other clients. They can be a good option if you are searching for a reliable and reputable company with a wide range of services. 2. Suffescom Solutions — Leading Blockchain Development Services Provider Suffescom Solutions Inc. is the latest addition to the burgeoning blockchain development scene in Hong Kong. Known for its impressive client retention rate of approximately 90% and highly positive online reviews, Suffescom Solutions has been a prominent player in the software industry for over 13 years, consistently staying at the forefront of technological advancements. With a dedicated team of over 150 skilled developers and designers, complemented by a group of more than 50 quality assurance experts and proficient project managers, the company showcases its meticulous approach to managing and executing projects. Suffescom Solutions Inc. offers a wide range of services as a leader in blockchain development in Hong Kong and across other regions. These services encompass blockchain game and NFT game development, web3-based applications, blockchain-based trading platforms, crypto wallet and exchange development, metaverse platform creation, and even the establishment of metaverse shopping malls. The company’s expertise has garnered international recognition, as evidenced by numerous prestigious awards in blockchain platform development. 3. Best Web3 Development Ranked as the third leading blockchain development firm in Hong Kong is BestWeb3 Development Company. This distinguished organization distinguishes itself as an early pioneer in the blockchain technology sphere, possessing a wealth of knowledge and practical experience in the field. With an impressive track record, they have completed over 400 projects on decentralized platforms, contributing to more than 1,000 projects. Serving as a guiding light for startups, Best Web3 Development excels in tailoring solutions to meet emerging companies’ unique requirements. Their diverse portfolio extends across various industries, encompassing real estate, education, logistics, travel, and more. Best Web3 Development’s service spectrum encompasses many offerings, including blockchain app development, web3-based platforms, metaverse solutions, NFT game development, NFT and crypto exchange platforms, crypto wallet creation, smart contract development, and audit services. Their expertise positions them as a pivotal player in guiding industries toward decentralized innovation. 4. Pingle Studio Pingle Studio has clinched the fourth spot among the top blockchain development companies in Hong Kong. The company has a team of developers who specialize in creating blockchain solutions. With the help of their experienced team at Pingle Studio, they guarantee a thorough and accurate customer experience throughout the blockchain development lifecycle. The company has firmly established itself as a forerunner in the blockchain industry because of its unrelenting emphasis on security and transparency. They provide various services, including creating Ethereum wallets, crypto exchanges, and intelligent contracts. 5. BR Softech BR Softech creates interactive and innovative blockchain solutions for different industries. BR Softech is an award-winning company and earned ISO 9001: 2008 certification. They have been providing blockchain, web, and game application development services in the USA, Canada, and Australia, with their headquarters in Jaipur, India. Their team comprises 150 highly skilled, enthusiastic, and qualified developers. The unique selling proposition of BR Softech is its superior project management methodology, which enables it to produce the most challenging, cutting-edge online and mobile app solutions. They focus on providing satisfactory services to their clients with cutting-edge technology and tech-savvy management techniques to guarantee on-time delivery of projects. 6. iLogos Game Studios iLogos is a top-notch blockchain game design and development studio providing full-cycle custom game development services. They have been providing blockchain development services since 2007 and have finished 158 projects till now. With a team of 300+ designers, developers, and testers, they have worked with indies and giants like EA, Sony, Warner Brothers, and Rovio. They have a wealth of industry experience and have been continuously providing outstanding decentralized solutions to their clients. They provide a highly functional, secure, scalable, smart, and affordable solution. 7. Program-Ace Program-Ace is an expert in blockchain, mobile, and software development. Utilizing its goods and services, the company creates and modernizes businesses to boost growth and profitability. Its areas of expertise include big data, robotic process automation, improved analytics, and AI/ML. It provides technology solutions for the following sectors: retail and e-commerce, healthcare and biotech, media and entertainment, logistics and transportation, and retail and biotech. Program-Ace assists businesses in enhancing operational efficiency and maximizing profitability to stay competitive. The company promotes the growth of the metaverse, and among its blockchain solutions is the development of smart contracts. 8. Zatun Since 2007, Zatun “Where Fun Gets Down to Business” has created unique, captivating, and award-winning video games. Zatun is in charge of both internal IP development and work-for-hire. Zatun provides publishers and game developers throughout the world with top quality game art and development. With a strong and varied staff working for them, they have expertise creating games for a variety of platforms, including consoles, PCs, mobile (iOS and Android), and PC VR. With over 300 clients, ranging from large AAA companies to small independent studios, Zatun has worked on more than 200 of the most popular video games. Zatun’s games have received acclaim worldwide and multiple accolades. Worldwide, millions of players enjoy them. They have created 15+ games for a variety of platforms, beginning with their debut game, “The Legend of Vraz,” for PC in 2010 and ending with their most recent game, “Sniper Rust VR,” for VR. 9. Gamix Labs Gamix Labs offers full-cycle services for blockchain based game development. They design, create, and animate. They are a group of skilled game designers and imaginative artists with the ability to make practically any game. They have achieved the following thus far: Gamix Labs was established in 2018 and has since distributed more than 250 games to nine nations. The majority of our clients, totaling 80%, are willing to recommend our services.90% of our employees have a minimum of 5 years of game creation experience,90% repeat customers100% client satisfaction Over 40 international clients have benefited from our game development solutions, including companies like Hero Motors, Nestle Milo, Adidas, Coach, Beeline, JD, etc. 10. Devotued Studios Devoted is responsible for international blockchain based game development, healthcare software, IT consulting and more. They take advantage of unmatched availability by working with a talent pool of the top artists in the world who have been carefully screened, supported by specialist Art Directors and production management. Conclusion Hong Kong’s top 10 blockchain development service providers represent a diverse and dynamic sector within the city’s thriving tech landscape. These companies have demonstrated exceptional expertise, innovation, and a commitment to pushing the boundaries of blockchain technology. As blockchain technology continues to evolve, these companies will undoubtedly play a crucial role in shaping its future and contributing to its global adoption. Blockchain Development Companies In Hong Kong was originally published in CryptoStars on Medium, where people are continuing the conversation by highlighting and responding to this story.

Blockchain Development Companies in Hong Kong

Hong Kong is a hub of innovation in blockchain technology, and its top 10 blockchain development companies are leading the charge. These companies are renowned for their cutting-edge solutions, global recognition, and commitment to driving blockchain adoption.

This list also includes other key players like RisingMax Inc., iLogos Game Studios, and Best Web3 Development Company. Together, they form a dynamic ecosystem that is shaping the future of blockchain technology in the region and beyond. Let’s see what are those leading companies that are serving their best blockchain services in Hong Kong.

Top 5 Blockchain Development Companies In Hong Kong

RisingMax Inc.

Suffescom Solutions

Best Web3 Development

Pingle Studio

BR Softech

List Of Top Blockchain Development Companies In Hong Kong

1. RisingMax Inc. — Hong Kong Based Blockchain Development Company

When we count the leading companies that provide the best possible service for blockchain development in Hong Kong, one of the finest companies is RisingMax. They are one of the early companies that adapted and understood the potential of the blockchain. They provide a wide range of services, including blockchain based marketplace, metaverse gaming platform, metaverse marketplace development, Web3 game development, crypto exchange development, and many more. They provide services in various countries as well.

The average development charges of RisingMax Inc. start from $25 to $49/hour.

They have delivered their services to renowned global companies like Universal, BMW, Domino’s Pizza, Philips, Pfizer, and 500+ other clients.

They can be a good option if you are searching for a reliable and reputable company with a wide range of services.

2. Suffescom Solutions — Leading Blockchain Development Services Provider

Suffescom Solutions Inc. is the latest addition to the burgeoning blockchain development scene in Hong Kong. Known for its impressive client retention rate of approximately 90% and highly positive online reviews, Suffescom Solutions has been a prominent player in the software industry for over 13 years, consistently staying at the forefront of technological advancements. With a dedicated team of over 150 skilled developers and designers, complemented by a group of more than 50 quality assurance experts and proficient project managers, the company showcases its meticulous approach to managing and executing projects.

Suffescom Solutions Inc. offers a wide range of services as a leader in blockchain development in Hong Kong and across other regions. These services encompass blockchain game and NFT game development, web3-based applications, blockchain-based trading platforms, crypto wallet and exchange development, metaverse platform creation, and even the establishment of metaverse shopping malls. The company’s expertise has garnered international recognition, as evidenced by numerous prestigious awards in blockchain platform development.

3. Best Web3 Development

Ranked as the third leading blockchain development firm in Hong Kong is BestWeb3 Development Company. This distinguished organization distinguishes itself as an early pioneer in the blockchain technology sphere, possessing a wealth of knowledge and practical experience in the field. With an impressive track record, they have completed over 400 projects on decentralized platforms, contributing to more than 1,000 projects. Serving as a guiding light for startups, Best Web3 Development excels in tailoring solutions to meet emerging companies’ unique requirements. Their diverse portfolio extends across various industries, encompassing real estate, education, logistics, travel, and more.

Best Web3 Development’s service spectrum encompasses many offerings, including blockchain app development, web3-based platforms, metaverse solutions, NFT game development, NFT and crypto exchange platforms, crypto wallet creation, smart contract development, and audit services. Their expertise positions them as a pivotal player in guiding industries toward decentralized innovation.

4. Pingle Studio

Pingle Studio has clinched the fourth spot among the top blockchain development companies in Hong Kong. The company has a team of developers who specialize in creating blockchain solutions. With the help of their experienced team at Pingle Studio, they guarantee a thorough and accurate customer experience throughout the blockchain development lifecycle.

The company has firmly established itself as a forerunner in the blockchain industry because of its unrelenting emphasis on security and transparency. They provide various services, including creating Ethereum wallets, crypto exchanges, and intelligent contracts.

5. BR Softech

BR Softech creates interactive and innovative blockchain solutions for different industries. BR Softech is an award-winning company and earned ISO 9001: 2008 certification. They have been providing blockchain, web, and game application development services in the USA, Canada, and Australia, with their headquarters in Jaipur, India. Their team comprises 150 highly skilled, enthusiastic, and qualified developers.

The unique selling proposition of BR Softech is its superior project management methodology, which enables it to produce the most challenging, cutting-edge online and mobile app solutions. They focus on providing satisfactory services to their clients with cutting-edge technology and tech-savvy management techniques to guarantee on-time delivery of projects.

6. iLogos Game Studios

iLogos is a top-notch blockchain game design and development studio providing full-cycle custom game development services. They have been providing blockchain development services since 2007 and have finished 158 projects till now. With a team of 300+ designers, developers, and testers, they have worked with indies and giants like EA, Sony, Warner Brothers, and Rovio.

They have a wealth of industry experience and have been continuously providing outstanding decentralized solutions to their clients. They provide a highly functional, secure, scalable, smart, and affordable solution.

7. Program-Ace

Program-Ace is an expert in blockchain, mobile, and software development. Utilizing its goods and services, the company creates and modernizes businesses to boost growth and profitability. Its areas of expertise include big data, robotic process automation, improved analytics, and AI/ML.

It provides technology solutions for the following sectors: retail and e-commerce, healthcare and biotech, media and entertainment, logistics and transportation, and retail and biotech. Program-Ace assists businesses in enhancing operational efficiency and maximizing profitability to stay competitive. The company promotes the growth of the metaverse, and among its blockchain solutions is the development of smart contracts.

8. Zatun

Since 2007, Zatun “Where Fun Gets Down to Business” has created unique, captivating, and award-winning video games. Zatun is in charge of both internal IP development and work-for-hire.

Zatun provides publishers and game developers throughout the world with top quality game art and development. With a strong and varied staff working for them, they have expertise creating games for a variety of platforms, including consoles, PCs, mobile (iOS and Android), and PC VR. With over 300 clients, ranging from large AAA companies to small independent studios, Zatun has worked on more than 200 of the most popular video games.

Zatun’s games have received acclaim worldwide and multiple accolades. Worldwide, millions of players enjoy them. They have created 15+ games for a variety of platforms, beginning with their debut game, “The Legend of Vraz,” for PC in 2010 and ending with their most recent game, “Sniper Rust VR,” for VR.

9. Gamix Labs

Gamix Labs offers full-cycle services for blockchain based game development. They design, create, and animate. They are a group of skilled game designers and imaginative artists with the ability to make practically any game. They have achieved the following thus far: Gamix Labs was established in 2018 and has since distributed more than 250 games to nine nations.

The majority of our clients, totaling 80%, are willing to recommend our services.90% of our employees have a minimum of 5 years of game creation experience,90% repeat customers100% client satisfaction Over 40 international clients have benefited from our game development solutions, including companies like Hero Motors, Nestle Milo, Adidas, Coach, Beeline, JD, etc.

10. Devotued Studios

Devoted is responsible for international blockchain based game development, healthcare software, IT consulting and more. They take advantage of unmatched availability by working with a talent pool of the top artists in the world who have been carefully screened, supported by specialist Art Directors and production management.

Conclusion

Hong Kong’s top 10 blockchain development service providers represent a diverse and dynamic sector within the city’s thriving tech landscape. These companies have demonstrated exceptional expertise, innovation, and a commitment to pushing the boundaries of blockchain technology.

As blockchain technology continues to evolve, these companies will undoubtedly play a crucial role in shaping its future and contributing to its global adoption.

Blockchain Development Companies In Hong Kong was originally published in CryptoStars on Medium, where people are continuing the conversation by highlighting and responding to this story.
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