To all our esteemed followers, we can benefit from Binance distributions through collective effort. The profit distribution will be as follows: - **50%** for developing our community. - **50%** for our followers in the Binance community.
We will publish codes that participants can use to help us reach the set profit goal, and the profits will then be divided equally.
Adidas and Stepn move from NFTs to physical products with planned sneaker drop this month
Quick Take
Adidas and its blockchain partner Stepn announced they will be dropping a collection of 1,200 physical shoes. Shoe and sports apparel giant Adidas and its blockchain partner Stepn announced on Thursday that they will drop a limited number of physical shoes. The move follows April's announcement that Adidas and the Solana-based fitness app Stepn had partnered to release 1,000 NFTs, which made up the Stepn x Adidas Genesis Sneakers collection. Later this month, the two companies will make available a "limited-edition collection of 1,200 physical Adidas Ultraboost 5 running shoes," Stepn said in a statement. "The launch of physical shoes is a defining moment in our partnership with Adidas," Stepn CEO Shiti Manghani said in the statement. "We’ve moved from digital collectibles to tangible products that people can wear, showing just how far the web3 space has evolved."
Adidas and Stepn's plan to release a tangible product follows the Nike-owned digital wearables NFT startup firm RTFKT's announcement that it is closing its doors. With its more than two dozen collections, RTFKT earned nearly $50 million in lifetime earnings and over $45 million in royalties. According to The Block Research data, the total trading volume for RTFKT non-fungible tokens generated around $1.5 billion in trading volume.
"We’re thrilled to offer a new digital experience for runners at the forefront of this exciting new era,” said Adidas vice president Erika Wykes-Sneyd. "This collaboration not only brings a fresh way to engage with fitness but also introduces rewarding experiences that push the boundaries of what’s possible in both the physical and digital worlds."
The Adidas-Stepn shoes will only be available on the MOOAR marketplace.
Exploring the Benefits of Non-Recourse Loans in Crypto
In finance, minimizing risk is key. Non-recourse loans offer a unique way to leverage assets while limiting risk exposure strictly to the collateral.
Picture this: John wants to invest in Ethereum without selling his Bitcoin holdings. He takes a non-recourse loan, using Bitcoin as collateral. If the investment goes south, the lender can only seize the Bitcoin—not John's other assets.
Non-recourse loans are especially useful in crypto and trading due to their:
- Collateralization: Use crypto as collateral to access funds without selling assets. - Volatility Risk Management: Limit exposure to the collateral, even in volatile markets. - Flexibility: Ideal for leveraging investments or meeting personal expenses.
Similar to margin trading in traditional finance, non-recourse loans allow you to boost buying power while controlling risk. However, these loans can carry challenges like margin calls or liquidation.
For those in crypto and trading, understanding non-recourse loans is essential for managing financial risk and seizing growth opportunities while safeguarding assets.
💰 Buy and Sell Walls: The Market’s Secret Barriers
🟢 In trading spotting buy and sell walls can be a game-changer. These order book barriers reveal demand and supply pressures that can drive price action, giving traders insight into potential market moves.
✅ A buy wall is like a safety net, showing strong demand at a specific price. If a trader sees a large buy wall at $50, they might feel confident that this level has solid support. Conversely, a sell wall acts as a ceiling, signaling resistance due to high selling interest.
✅ Seeing these walls in the order book helps traders strategize. They may place trades just below a buy wall to ride an uptrend or slightly above a sell wall to anticipate a price dip. Recognizing these walls is crucial for traders, as it guides them in navigating market sentiment and adjusting their positions accordingly.
🟢 Buy and sell walls aren’t just numbers they’re clues to market sentiment, helping traders stay a step ahead in the fast-paced crypto market.
In crypto, liquidity is a pool of funds allowing investors to buy or sell tokens without delay, typically created by pairing a new token with a stable asset like ETH or BNB on DEXs such as Uniswap or PancakeSwap.
Locking Liquidity is Crucial as it helps prevent "rugpulls," where developers might withdraw liquidity after investors have bought in, leaving them with worthless tokens. By locking the liquidity pool (LP) tokens via a time-lock smart contract, developers temporarily renounce control, boosting investor trust and signaling legitimacy.
Key Points to Consider When Locking Liquidity:
1. Lock Duration: Minimum one year is recommended; longer locks (3-5 years) strengthen investor confidence. 2. Amount to Lock: Locking at least 80% of liquidity is best to avoid red flags. 3. Trading Impact: Locking liquidity doesn’t hinder token trading but ensures fund security. 4. Third-Party Lockers: Using trusted lockers like Mudra Locker on BSC adds an extra layer of security, popular with over 250 projects.
Learn how locking liquidity protects investors and promotes trust Here.
AdsGram Joins $TON Initiatives To Reward The Open League Winners
AdsGram is actively growing and helping applications within the TON ecosystem earn money by monetizing their traffic through ad integrations. Currently, more than 600 mini-apps are actively selling their traffic and generating revenue with AdsGram.
Benefits of AdsGram for your application:
▪️ Boost your app’s growth by using the revenue generated from the AdsGram ad network. ▪️ Expert support for seamless ad integration, ensuring a smooth and enjoyable experience for your users. ▪️ Need more users? Buy targeted traffic through AdsGram and attract an audience that will actively promote your app.
The team has already supported DeFi teams with $48k in prizes and grants in the previous season and has now pledged a 100k prize pool for The Open League New Year Season Winners. #Share1BNBDaily #BTC100K! #
Think of Bitcoin transactions like using gift cards. Imagine you have a $100 gift card for a store, and you buy items worth $60. You don't just spend the $60 and leave the remaining balance. Instead, the store gives you a new $40 gift card for the remaining balance.
This is similar to Bitcoin’s UTXO (Unspent Transaction Output) model. When you receive Bitcoin, it’s stored in your wallet as UTXOs. When you spend Bitcoin, the network uses your UTXOs as input to create the transaction. If the transaction amount is less than the UTXO, the remaining balance is returned to you as "change" in the form of a new UTXO. A small network fee is also deducted from the total.
For example, if you have a UTXO worth 0.5 BTC and want to send 0.3 BTC to someone, the network will use the 0.5 BTC, send 0.3 BTC to the recipient, and return 0.2 BTC as a new UTXO to your wallet, minus the transaction fee.
This does matter as the way you manage your UTXOs can affect transaction fees and processing speed. Too many small UTXOs can lead to higher transaction costs, as the network has to process more inputs. Consolidating smaller UTXOs into larger ones during times of low fees can make your future transactions more efficient.
Understanding Bitcoin’s UTXO model not only helps you optimize your transactions but also gives you a clearer picture of how Bitcoin operates under the hood.