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đ€Autonomys Network and EMC protocol (Edge Matrix Chain) celebrate their partnership. Edge Matrix Chain (EMC), an #AI / #DePIN provider at the forefront of AI and web3 integration, announced that they will be together in the development of the #Web3 space with the partnership. The two projects aim to create complementary infrastructures for decentralized AIs.
âšAutonomys is designed to support the next generation of AI applications. It provides the tools needed to deploy super dApps and autonomous AI agents with the efficiency and security that developers need.
âšThe EMC strives to provide affordable access to AI by leveraging underutilized GPU resources. It combines AI and Web3 to create solutions in this area. I have prepared an infographic on this subject.
For more information đ
https://autonomys.xyz
#SocialMining #AI3
âšAutonomys is designed to support the next generation of AI applications. It provides the tools needed to deploy super dApps and autonomous AI agents with the efficiency and security that developers need.
âšThe EMC strives to provide affordable access to AI by leveraging underutilized GPU resources. It combines AI and Web3 to create solutions in this area. I have prepared an infographic on this subject.
For more information đ
https://autonomys.xyz
#SocialMining #AI3
Can I really own all RWAs?
In our lives, there are always crazy financial opportunities floating around in the corner of our minds. Today, I will tell you about the easy way to make this a reality within the scope of #SocialMining within @DAO Labs . In this regard, I will talk about the #RWA Inc project that offers us this opportunity. #DYOR
Today, real-world assets offer many opportunities to investors financially. We cannot participate in these when we are not doing well economically. Who wouldn't want to be a partner in an asset worth millions of dollars? Sorry, I should have said billion ï Of course, this part is your choice and related to your thought that will provide you with financial freedom in the future.
RWA Inc offers us access to real-world assets. We participate by owning the token it issues in proportion to the value of that product. Let me explain this with a simple example. When we go out, we see food vending machines in many places. You think that vending machines will grow even more in the future, but you don't have enough money. This is where RWA Inc comes into play. It allows everyone to access the tokens of the relevant company by safely releasing them to the market. You own the tokens of the vending machines according to your investment amount. You have an investment without giving up on your dreams.
Let me give you a different example. You can't sleep for Mercedes brand collectibles, but you don't have the opportunity to own them. The 1955 model 300 SLR Uhlenhaut Coupésson was sold at auction for 142 million dollars. Here you can own the tokens issued by RWA Inc. A certain share of that vehicle will be yours depending on your investment amount. Maybe you will have a share of a collectible vehicle that will be sold for billions of dollars at the next auction. You will have the chance to financially guarantee your future.
As Turkish social miners, we have a famous saying. "In the past, these places were always mulberry groves" (Eskiden buralar hep dutluktu) . This means being able to foresee that most of the things in this area may be more valuable in the future. RWA Inc offers this opportunity right at the beginning of the RWA area. The decision is up to you.
#tokenization #memes
Today, real-world assets offer many opportunities to investors financially. We cannot participate in these when we are not doing well economically. Who wouldn't want to be a partner in an asset worth millions of dollars? Sorry, I should have said billion ï Of course, this part is your choice and related to your thought that will provide you with financial freedom in the future.
RWA Inc offers us access to real-world assets. We participate by owning the token it issues in proportion to the value of that product. Let me explain this with a simple example. When we go out, we see food vending machines in many places. You think that vending machines will grow even more in the future, but you don't have enough money. This is where RWA Inc comes into play. It allows everyone to access the tokens of the relevant company by safely releasing them to the market. You own the tokens of the vending machines according to your investment amount. You have an investment without giving up on your dreams.
Let me give you a different example. You can't sleep for Mercedes brand collectibles, but you don't have the opportunity to own them. The 1955 model 300 SLR Uhlenhaut Coupésson was sold at auction for 142 million dollars. Here you can own the tokens issued by RWA Inc. A certain share of that vehicle will be yours depending on your investment amount. Maybe you will have a share of a collectible vehicle that will be sold for billions of dollars at the next auction. You will have the chance to financially guarantee your future.
As Turkish social miners, we have a famous saying. "In the past, these places were always mulberry groves" (Eskiden buralar hep dutluktu) . This means being able to foresee that most of the things in this area may be more valuable in the future. RWA Inc offers this opportunity right at the beginning of the RWA area. The decision is up to you.
#tokenization #memes
RWA Inc. combines real-world assets ( #RWAs ) with #blockchain technology, providing an accessible and transparent investment environment for everyone.
In this way, it allows traditional assets such as real estate, works of art, and even infrastructure projects to be represented through digital tokens. The main mission of RWA Inc. is to provide investors with easy and low-cost access to real-world assets.
I have prepared a very comprehensive #infographic showing the market potential, pipeline, business model, and benefits of the $RWA token of RWA Inc, one of the leaders in the tokenization of real-world assets. In this infographic, I have combined all the valuable information including the RWA Inc website, whitepaper, and Pitch deck. If you have any confusing questions, you can write below.
Thank you in advance for your support
#crypto
In this way, it allows traditional assets such as real estate, works of art, and even infrastructure projects to be represented through digital tokens. The main mission of RWA Inc. is to provide investors with easy and low-cost access to real-world assets.
I have prepared a very comprehensive #infographic showing the market potential, pipeline, business model, and benefits of the $RWA token of RWA Inc, one of the leaders in the tokenization of real-world assets. In this infographic, I have combined all the valuable information including the RWA Inc website, whitepaper, and Pitch deck. If you have any confusing questions, you can write below.
Thank you in advance for your support
#crypto
Let's take a look at the unique information completed and targeted by the RWA Inc team within the scope of #Tokenization of real-world assets . RWA Inc expands investment boundaries for startups, real estate and other asset classes through security-compliant tokenization and leads the way by facilitating their work. The team, which is taking firm steps towards becoming one of the leaders in the industry, has released the latest version of the 2024 Pitch Deck
đhttps://bit.ly/RWAIncPitchDeck
âĄStay tuned if you want to explore opportunities with RWA Inc. đ„
đhttps://bit.ly/RWAIncPitchDeck
âĄStay tuned if you want to explore opportunities with RWA Inc. đ„
One more step to Decentralization with DePIN
đ„đ„ When we look at #CryptoNewss , we see #TrumpCryptoSupport and #BTCâ returning to its green days. I will talk about a completely different topic, #DePIN , which are found on many exchanges including Binance. I will explain this within the framework of #SocialMining under the @DAO Labs . Now let's go a little deeper into DePIN. Now let's go a little deeper into DePIN.
$BTC
đ What is DePIN?
DePIN (Decentralized Physical Infrastructure Networks) means the integration of decentralized physical infrastructure networks with blockchain technology. DePIN aims to make the management of physical assets and services more transparent, reliable and efficient. DePIN projects aim to provide users and companies with various services at lower costs and with higher transparency.
đ What does DePIN promise us?
First of all, DePIN helps reduce costs, which are important items for every user and company, thanks to its decentralized structure. It offers us the transparency principle of Blockchain technology. Imagine that all transactions can be recorded and monitored. It enables more people to benefit from these services by facilitating access. It allows the process to be managed quickly and without errors thanks to smart contracts.
đ What are the Real Life Application Methods of DePIN Technology?
DePIN projects are presented in a way that can be applied in various areas of daily life. It offers us a cheaper and more transparent technology in areas such as energy, transportation, and construction. So how ready are the areas we are talking about? As in every field, DePIN is a technology that can be considered quite young. It is potentially advancing rapidly. They are becoming compatible with real-life organizations day by day. As users adopt it, their application and usage areas will increase.
đ Is DePIN a step towards mass adoption?
I think it is too early to talk about whether DePIN projects are a real step towards mass adoption. Like many technologies, we are talking about a technology that renews itself day by day. In fact, even if it exists, it continues on its way by adding to the previous one every time. We can see that mass adoption varies depending on some factors.. When we examine these, we can see that the regulation against the crypto world is also effective. On the other hand, the education levels of the users who will use DePIN technology and the technological infrastructure elements will shape the future of DePIN technology. In continuation of these, it is important that the business models launched by DePIN are attractive and sustainable.
đ Which Needs Was DePIN Created to Meet?
In DePIN technology, it is aimed to make the management of physical assets and services suitable through blockchain technology. If we look at these:
*DePIN has essentially adopted the reduction of centralization. It is progressing on a democratic and decentralized path.
*Instead of high-cost and long-term traditional infrastructure projects, it adopts a system that takes less time and reduces costs.
*Blockchain technology is based on the transparency principle. Here, it increases trust by providing the opportunity to record and monitor transactions.
*It provides services to a wider user base. It provides balance in accessibility and participation.
đ What are the Use Cases of Decentralized Physical Infrastructures Using Blockchain Technology?
When DePIN projects are examined, it has a wide variety. It can be seen that it can provide benefits by offering the opportunity to use in various areas. Let's give a very simple example. In the example I will talk about, think of solar panels installed on huge areas. Some of us also call them solar fields. Let's assume that there is a physical solar panel facility. Let's think that all the information here is collected with middleware. Let's see that all the collected data is transferred to Blockchain technology. DePIN technology will simplify the solution of many problems that seem very difficult. When we continue:
âą Energy Management: It creates a usage area for the management and monitoring of distributed energy resources available today. We can give solar panels as an example.
âą Transportation: We can offer transportation solutions such as shared vehicles or bicycle services, which are now widespread in many places in the world.
âą Smart Cities: We can talk about applications such as infrastructure, traffic control and environmental monitoring in newly built cities in accordance with the smart city structure.
âą Agriculture: It will have an important place in monitoring the production processes of important agricultural products for our future.
âą Logistics: It will provide benefits in the management of supply chains and product monitoring of products in the logistics field.
đ What are the Challenges DePINs May Face?
DePIN projects will face various challenges as they take steps towards the future. First of all, technological obstacles such as scalability and speed issues of blockchain technology come to the fore. In contrast to constantly growing projects, states and regulatory bodies will have uncertainties regarding such projects. Since users do not have the necessary knowledge about DePIN technologies, it will be difficult to adopt them. Sustainability is important for growing projects. Another challenge is the lack of financing needed in this regard.
đ What are the Notable Projects Using DePINs?
There are many developing projects in the DePIN field. I will briefly mention 2 projects that fall into my area of ââinterest.
âą IoTeX: It is a DePIN project that uses blockchain technology to ensure the security and management of IoT (aka Internet of Things) devices. It aims to provide scalable and low-cost solutions by using @Polygon 's agglayer layer. When we look at its essence, IoTeX allows users to securely connect and manage their devices. If we need to mention another project:
âą Helium: It allows users to create their own networks by creating a decentralized wireless network. Helium essentially allows users to contribute as network providers. It encourages them to earn rewards.
$IOTX
Another DePIN
$FIL
đ DePIN projects are increasing in importance day by day. When we look at it from a positive perspective, these works show the potential of DePIN. It is also a sign that important steps have been taken in decentralization of physical infrastructures. DePINs offer the opportunity to manage today's infrastructures more easily as software and hardware. It can potentially radically change the way we provide services to the masses in our daily lives. DePIN prioritizes rewarding everyone who takes part in its content. While providing benefits related to this, it also faces difficulties. The positive information about costs already gives hope for the future. Considering the large projects of large-scale companies, I think we will hear its name much more in the near future.
ââ The article I wrote was written only to talk about DePIN's technology. It does not contain any financial advice.
$BTC
đ What is DePIN?
DePIN (Decentralized Physical Infrastructure Networks) means the integration of decentralized physical infrastructure networks with blockchain technology. DePIN aims to make the management of physical assets and services more transparent, reliable and efficient. DePIN projects aim to provide users and companies with various services at lower costs and with higher transparency.
đ What does DePIN promise us?
First of all, DePIN helps reduce costs, which are important items for every user and company, thanks to its decentralized structure. It offers us the transparency principle of Blockchain technology. Imagine that all transactions can be recorded and monitored. It enables more people to benefit from these services by facilitating access. It allows the process to be managed quickly and without errors thanks to smart contracts.
đ What are the Real Life Application Methods of DePIN Technology?
DePIN projects are presented in a way that can be applied in various areas of daily life. It offers us a cheaper and more transparent technology in areas such as energy, transportation, and construction. So how ready are the areas we are talking about? As in every field, DePIN is a technology that can be considered quite young. It is potentially advancing rapidly. They are becoming compatible with real-life organizations day by day. As users adopt it, their application and usage areas will increase.
đ Is DePIN a step towards mass adoption?
I think it is too early to talk about whether DePIN projects are a real step towards mass adoption. Like many technologies, we are talking about a technology that renews itself day by day. In fact, even if it exists, it continues on its way by adding to the previous one every time. We can see that mass adoption varies depending on some factors.. When we examine these, we can see that the regulation against the crypto world is also effective. On the other hand, the education levels of the users who will use DePIN technology and the technological infrastructure elements will shape the future of DePIN technology. In continuation of these, it is important that the business models launched by DePIN are attractive and sustainable.
đ Which Needs Was DePIN Created to Meet?
In DePIN technology, it is aimed to make the management of physical assets and services suitable through blockchain technology. If we look at these:
*DePIN has essentially adopted the reduction of centralization. It is progressing on a democratic and decentralized path.
*Instead of high-cost and long-term traditional infrastructure projects, it adopts a system that takes less time and reduces costs.
*Blockchain technology is based on the transparency principle. Here, it increases trust by providing the opportunity to record and monitor transactions.
*It provides services to a wider user base. It provides balance in accessibility and participation.
đ What are the Use Cases of Decentralized Physical Infrastructures Using Blockchain Technology?
When DePIN projects are examined, it has a wide variety. It can be seen that it can provide benefits by offering the opportunity to use in various areas. Let's give a very simple example. In the example I will talk about, think of solar panels installed on huge areas. Some of us also call them solar fields. Let's assume that there is a physical solar panel facility. Let's think that all the information here is collected with middleware. Let's see that all the collected data is transferred to Blockchain technology. DePIN technology will simplify the solution of many problems that seem very difficult. When we continue:
âą Energy Management: It creates a usage area for the management and monitoring of distributed energy resources available today. We can give solar panels as an example.
âą Transportation: We can offer transportation solutions such as shared vehicles or bicycle services, which are now widespread in many places in the world.
âą Smart Cities: We can talk about applications such as infrastructure, traffic control and environmental monitoring in newly built cities in accordance with the smart city structure.
âą Agriculture: It will have an important place in monitoring the production processes of important agricultural products for our future.
âą Logistics: It will provide benefits in the management of supply chains and product monitoring of products in the logistics field.
đ What are the Challenges DePINs May Face?
DePIN projects will face various challenges as they take steps towards the future. First of all, technological obstacles such as scalability and speed issues of blockchain technology come to the fore. In contrast to constantly growing projects, states and regulatory bodies will have uncertainties regarding such projects. Since users do not have the necessary knowledge about DePIN technologies, it will be difficult to adopt them. Sustainability is important for growing projects. Another challenge is the lack of financing needed in this regard.
đ What are the Notable Projects Using DePINs?
There are many developing projects in the DePIN field. I will briefly mention 2 projects that fall into my area of ââinterest.
âą IoTeX: It is a DePIN project that uses blockchain technology to ensure the security and management of IoT (aka Internet of Things) devices. It aims to provide scalable and low-cost solutions by using @Polygon 's agglayer layer. When we look at its essence, IoTeX allows users to securely connect and manage their devices. If we need to mention another project:
âą Helium: It allows users to create their own networks by creating a decentralized wireless network. Helium essentially allows users to contribute as network providers. It encourages them to earn rewards.
$IOTX
Another DePIN
$FIL
đ DePIN projects are increasing in importance day by day. When we look at it from a positive perspective, these works show the potential of DePIN. It is also a sign that important steps have been taken in decentralization of physical infrastructures. DePINs offer the opportunity to manage today's infrastructures more easily as software and hardware. It can potentially radically change the way we provide services to the masses in our daily lives. DePIN prioritizes rewarding everyone who takes part in its content. While providing benefits related to this, it also faces difficulties. The positive information about costs already gives hope for the future. Considering the large projects of large-scale companies, I think we will hear its name much more in the near future.
ââ The article I wrote was written only to talk about DePIN's technology. It does not contain any financial advice.
RWA Inc. website has been renewed
đ„ The new website of #RWAInc , a pioneer in the #tokenization of Real-World Assets ( #RWAs ), was renewed on September 11, 2024.
đ https://www.rwa.inc/
With this innovation, it is aimed for every visitor to see a reliable RWA Inc., unlike classic websites. When we examine the design of the new website, we see that it contains 4 main elements that satisfy us.
*Trust
*Security
*Compliance
*Accessibility
As a result of these 4 main elements, we see that we are witnessing a project that grows with the principle of transparency. In the long term, it will also serve as the main source of information for investors and customers. When I examine the new website, I see an important feature. I see that a fully integrated tokenization service is offered. Let's examine it.
â The #RWA Inc. team consists of a team with many years of experience in #Web2 and #Web3 . With this experience, it simplifies the difficulties experienced by new projects in tokenization while joining the RWA world and allows them to enter this market successfully.
Within the scope of tokenization, RWA Inc.:
*Token Design and Utility
* Marketing, Branding, and Go to Market Strategy
* Fundraising Strategy
* Community Building and Ecosystem Partnerships
services. Since the tokenization activity is supported by RWA Inc., projects can move more securely and quickly in many areas. In this context, they benefit from access to industry-leading marketing teams, market makers, launchpads, centralized exchanges, KOL managers, investors and more. They continue to move forward by successfully entering the Web3 world.
đ https://www.rwa.inc/
With this innovation, it is aimed for every visitor to see a reliable RWA Inc., unlike classic websites. When we examine the design of the new website, we see that it contains 4 main elements that satisfy us.
*Trust
*Security
*Compliance
*Accessibility
As a result of these 4 main elements, we see that we are witnessing a project that grows with the principle of transparency. In the long term, it will also serve as the main source of information for investors and customers. When I examine the new website, I see an important feature. I see that a fully integrated tokenization service is offered. Let's examine it.
â The #RWA Inc. team consists of a team with many years of experience in #Web2 and #Web3 . With this experience, it simplifies the difficulties experienced by new projects in tokenization while joining the RWA world and allows them to enter this market successfully.
Within the scope of tokenization, RWA Inc.:
*Token Design and Utility
* Marketing, Branding, and Go to Market Strategy
* Fundraising Strategy
* Community Building and Ecosystem Partnerships
services. Since the tokenization activity is supported by RWA Inc., projects can move more securely and quickly in many areas. In this context, they benefit from access to industry-leading marketing teams, market makers, launchpads, centralized exchanges, KOL managers, investors and more. They continue to move forward by successfully entering the Web3 world.
Is it possible to buy Real World Assets with tokens?
âToday, I will talk about #RWAInc and its important partner Plume Network, which offers investors the opportunity to tokenize Real-World Assets. Plume Network was created by a team of experienced entrepreneurs, investors and operators from companies such as #Binance , JP Morgan, Coinbase, Layerzero. It is the first modular RWA Layer 2 blockchain. Today, I will examine a unique but curious topic from the perspective of #SocialMining under the roof of @DAO Labs as a member of the #BinanceSquareFamily .
đReal-World Assets ( #RWAs ) are financial assets that have traditional and physical values. These financial assets appear as products such as commodities, stocks, bonds, works of art or intellectual property. The potential market size of real-world assets is evaluated by RWA Inc founder and CEO as 16 trillion dollars (See: https://t.me/DaoLabs/418856 ) . When we look at the basis of RWAs, we see that every valuable asset is tokenized and brought to the blockchain. How will we achieve tokenization?
đ„RWA Inc comes to us with a solution regarding the tokenization of real-world assets. It offers investors easy, low-cost, secure and compatible token opportunities. Thanks to the tokens we will have, we will have the chance to own as much real-world assets as we want from anywhere we want. The power of blockchain technology and RWA Inc's unique knowledge and experience combined allow everyone to become a partner in real-world assets, starting from the smallest to the top. It offers investors the opportunity to buy blockchain-based tokens.
đ€When we look at Plume Network, it offers a blockchain network opportunity for real-world assets evaluated by RWA Inc and many other organizations. Thanks to this network, it takes its place as an ecosystem that simplifies the complex processes of RWA projects and offers investors the opportunity to reach all buyers by solving the liquidity problem for RWAs.
âĄWhen we examine all these, RWA Inc directs investors here by offering tokenized RWA products to the ever-growing RWA ecosystem. Tokenized real-world assets offer investors a safe investment area.
For more đ
https://www.reddit.com/r/DAOLabs/comments/1fgqlr4/is_it_possible_to_buy_real_world_assets_with/
đReal-World Assets ( #RWAs ) are financial assets that have traditional and physical values. These financial assets appear as products such as commodities, stocks, bonds, works of art or intellectual property. The potential market size of real-world assets is evaluated by RWA Inc founder and CEO as 16 trillion dollars (See: https://t.me/DaoLabs/418856 ) . When we look at the basis of RWAs, we see that every valuable asset is tokenized and brought to the blockchain. How will we achieve tokenization?
đ„RWA Inc comes to us with a solution regarding the tokenization of real-world assets. It offers investors easy, low-cost, secure and compatible token opportunities. Thanks to the tokens we will have, we will have the chance to own as much real-world assets as we want from anywhere we want. The power of blockchain technology and RWA Inc's unique knowledge and experience combined allow everyone to become a partner in real-world assets, starting from the smallest to the top. It offers investors the opportunity to buy blockchain-based tokens.
đ€When we look at Plume Network, it offers a blockchain network opportunity for real-world assets evaluated by RWA Inc and many other organizations. Thanks to this network, it takes its place as an ecosystem that simplifies the complex processes of RWA projects and offers investors the opportunity to reach all buyers by solving the liquidity problem for RWAs.
âĄWhen we examine all these, RWA Inc directs investors here by offering tokenized RWA products to the ever-growing RWA ecosystem. Tokenized real-world assets offer investors a safe investment area.
For more đ
https://www.reddit.com/r/DAOLabs/comments/1fgqlr4/is_it_possible_to_buy_real_world_assets_with/
The name of the change is #PolygonPOL
đŻ On September 4, #PolygonMATIC switched to the $POL token. We can say that POL is an upgrade of the $MATIC token. It has also been renamed. This change is supported by many major exchanges, including #Binance . POL offers significant advantages to the #Polygon ecosystem with its new version. It contributes to solving scalability and efficiency problems thanks to blockchain technology.
đ The crypto has been experiencing a active period in recent days. Crypto markert moves $BTC price movements worry about investors. On the other hand, #TelegramCEO we are in a bad period with the news about water. With the expectation of Fed interest, a pressure is felt in the entire crypto community, including BTC . While continuing with such pessimistic news, Polygon completed POL elevation. I will try to explain to you by examining Polygon, which was #SocialMining by @DAO Labs as a social miner. When there was a MATIC, why did the poin need.
âš With the transition to the POL token, decentralized validators join the pool and contribute to neutrality. This is a step that forms the cornerstone of the security of the ecosystem. The validators here support the Polygon chain in line with security principles and offer infinite scalability. This means more users and more transactions for the Polygon ecosystem. POL is building a sustainable ecosystem with the support of the Polygon ecosystem and community. POL successfully fulfills its duty as a bridge between users and developers and successfully includes all kinds of contributing elements in its ecosystem. POL is based on decentralization as it develops. It is to be managed by its community. POL token offers the high transaction speeds and lower costs we all expect thanks to its advanced technological infrastructure.
đ We heard the term third generation token from the founding partners with POL. When we look back, productive tokens come to the fore. These direct their owners as validators and ensure that they are rewarded. POL goes further and introduces us to third generation native assets, hyper productive tokens. These tokens are similar to productive tokens. There are two important differences. First, validators can verify as many chains as they want. Second, validators are offered multiple roles and rewards for each chain. When we look at it from a broad perspective, the Polygon ecosystem is safer thanks to hyper productive tokens. It accelerates growth and offers unlimited opportunities.
⥠Staking is important for many protocols in the blockchain. With staking, Sybil attacks are prevented, harmony between validators and the ecosystem is ensured. When malicious validators are detected, punishment can be successfully applied. POL stakers also benefit from 3 incentives. First, they benefit from protocol rewards. They are entitled to transaction fees for verifying on more than one chain. They can earn additional rewards from the chains on Polygon. Apart from these, they are user-friendly with the flexible and dynamic staking mechanisms they offer.
â The POL token is designed to provide higher liquidity than MATIC. This allows users to make easier transactions on their investments. More liquidity flows to the ecosystem with different usage areas and new integrations.
â The growth and expansion of the Polygon ecosystem will be supported by the transition to POL. Opportunities for new technological developments and innovations will be provided. They will be able to achieve their goals with the adoption by the community and various important activities. A 2% annual emission rate is targeted for the continuation and growth of the sustainable network. This emission model is planned to continue as long as the ecosystem needs. When we look at the future of Polygon, this emission rate will contribute greatly.
â The transition from MATIC to POL token will contribute in multiple areas. It will make the Polygon ecosystem more efficient, secure and scalable. This transition can provide great opportunities for current users and new users who will join the ecosystem. It will also contribute to Polygon achieving its long-term goals.
đ The crypto has been experiencing a active period in recent days. Crypto markert moves $BTC price movements worry about investors. On the other hand, #TelegramCEO we are in a bad period with the news about water. With the expectation of Fed interest, a pressure is felt in the entire crypto community, including BTC . While continuing with such pessimistic news, Polygon completed POL elevation. I will try to explain to you by examining Polygon, which was #SocialMining by @DAO Labs as a social miner. When there was a MATIC, why did the poin need.
âš With the transition to the POL token, decentralized validators join the pool and contribute to neutrality. This is a step that forms the cornerstone of the security of the ecosystem. The validators here support the Polygon chain in line with security principles and offer infinite scalability. This means more users and more transactions for the Polygon ecosystem. POL is building a sustainable ecosystem with the support of the Polygon ecosystem and community. POL successfully fulfills its duty as a bridge between users and developers and successfully includes all kinds of contributing elements in its ecosystem. POL is based on decentralization as it develops. It is to be managed by its community. POL token offers the high transaction speeds and lower costs we all expect thanks to its advanced technological infrastructure.
đ We heard the term third generation token from the founding partners with POL. When we look back, productive tokens come to the fore. These direct their owners as validators and ensure that they are rewarded. POL goes further and introduces us to third generation native assets, hyper productive tokens. These tokens are similar to productive tokens. There are two important differences. First, validators can verify as many chains as they want. Second, validators are offered multiple roles and rewards for each chain. When we look at it from a broad perspective, the Polygon ecosystem is safer thanks to hyper productive tokens. It accelerates growth and offers unlimited opportunities.
⥠Staking is important for many protocols in the blockchain. With staking, Sybil attacks are prevented, harmony between validators and the ecosystem is ensured. When malicious validators are detected, punishment can be successfully applied. POL stakers also benefit from 3 incentives. First, they benefit from protocol rewards. They are entitled to transaction fees for verifying on more than one chain. They can earn additional rewards from the chains on Polygon. Apart from these, they are user-friendly with the flexible and dynamic staking mechanisms they offer.
â The POL token is designed to provide higher liquidity than MATIC. This allows users to make easier transactions on their investments. More liquidity flows to the ecosystem with different usage areas and new integrations.
â The growth and expansion of the Polygon ecosystem will be supported by the transition to POL. Opportunities for new technological developments and innovations will be provided. They will be able to achieve their goals with the adoption by the community and various important activities. A 2% annual emission rate is targeted for the continuation and growth of the sustainable network. This emission model is planned to continue as long as the ecosystem needs. When we look at the future of Polygon, this emission rate will contribute greatly.
â The transition from MATIC to POL token will contribute in multiple areas. It will make the Polygon ecosystem more efficient, secure and scalable. This transition can provide great opportunities for current users and new users who will join the ecosystem. It will also contribute to Polygon achieving its long-term goals.
FOLK HERO? MONKEY KING?
$DOGS #memecoinđđđ launched on #TON network this week has been listed. It was unfortunate that it happened in the same week as the #TelegramCEO incident. It was exciting for those who know $DOGE . Could I look at memecoins through the lens of #SocialMining ? On the other hand, a meme coin movement was started by #JustinSun on the $TRX network.
So what are the meme coins that suddenly appear and then calm down? Is there a need for meme coin mining? If so, where does the demand come from? Are there any similarities with social mining? In what way can memecoins affect blockchain technology or mass adoption? Shall we start?
What is Meme Coin?
Let's start my article by defining meme coin. Meme coins are cryptocurrencies that are usually inspired by internet jokes or popular culture. Meme coins are often created without a serious value or goal. The resulting values ââare largely due to speculative factors such as the effects of social media, support from celebrities, or community interactions. If we talk about Dogecoin (DOGE), which is the leader of the sector in this regard, it was initially created as a joke. Later, it gained a large follower base and took its place as one of the first meme coins to form its own community. Again, Shiba Inu (SHIB), which is in 2nd place in terms of market cap within the same criteria, emerged in a similar way and became popular and took its place in the cryptocurrency world. If you pay attention to what I have written so far, I have not mentioned any technology or groundbreaking innovation for the future. Because if I wanted to talk about these, I would have to talk about traditional cryptocurrencies. Traditional cryptocurrencies are created for a specific goal and purpose. Everything that is created is processed into the roadmap one by one. So if we need to talk about coins, we should not forget that meme coins and traditional cryptocurrencies are on different sides.
Where Does the Need or Demand for Meme Coin Mining Come From? Are there any similarities to the phenomenon of social mining?
First of all, I am a social miner myself. If I see a field where the word mining is used, I go there. I handle and evaluate projects within the scope of social mining and produce content based on real information on this subject. I work on projects selected by the @DAO Labs team within certain criteria. I put all the puzzle pieces together, carefully examine the project and write my own thoughts. Now let's look at meme coin mining, which is similar to what I do but has differences.
When it comes to meme coin mining, it is very different from social mining. Meme coins are open to speculation. They can offer investors a high return promise in a short time. This attracts more attention from investors. As meme coins continue to gain value after they emerge, they also create strong and active communities. Thanks to this power they have, they allow their own communities to mine within their own projects. In this way, they ensure that their communities also earn. The community continues to grow day by day. On the other hand, in order for investors to easily access the coin, meme coins provide investors with the opportunity to buy without encountering too many difficulties. So, while we are talking about these, what other critical issues could be the most important ones that bring meme coins to the top? In this regard, I think that many meme coins benefit greatly from the effects of social media and celebrities. Meme coins can quickly become popular by receiving the support of celebrities and social media influencers. Thus, the demand for meme coins continues to increase day by day.
When we look at the basics, both of them show community oriented growth. Social mining offers you a risk-free income opportunity from scratch. You can make very good earnings by using your own skills. You become competent and have saturated information on the projects you research. Meme coins, on the other hand, try to progress by choosing the reward method within themselves. They become more attractive for those who love risk. Even if you are in the community, you can progress by investing.
How will the existence of meme coins affect our ultimate goal?
Meme coins can be seen as high-risk transactions for some of us. For this reason, investors stay away. For other types of investors, they seem fun and good in terms of short-term profit. Meme coins are actually like the fuel a vehicle needs for many networks. Thanks to meme coins that become popular, the number of transactions on the network increases. Volume amounts increase. New users come. When we look at the background of all these beauties, it can be seen that big investments made with the excitement of the moment bring very good profits as well as big losses. In other words, meme coins may not be like other cryptocurrencies. When we look forward, we can see that most of them will have a low market value. It is certain that traditional cryptocurrencies will contribute more to blockchain technology as we progress. Knowing these will show us the right way. As the crypto market grows, it grows as a whole. While thousands of coins are being wiped out from the market, we should not forget the projects that make great contributions to blockchain technology.
What are the Effects of Meme Coins on Blockchain Technology and Mass Adoption?
Here, we need to think from both sides when talking about this subject. What are the positive and negative effects?
On the positive side, meme coins can take action quickly instead of growing slowly like many projects. This means a rapid increase in interest. People who are new to the cryptocurrency market cannot remain indifferent to this and can find themselves in this business. As you get involved, you can see that you are part of communities that grow tremendously. Supporting a tweet is one of the simplest examples. Meme coins can improve their situation by offering innovative areas of use after their first release. In this way, they can continue on their way without being a meme coin that suddenly shines and fades.
On the negative side, the values ââof meme coins can increase or decrease very quickly. They carry high risk. Popular meme coins can draw the volume of the cryptocurrency market onto themselves. These can negatively affect the general stability of the market. Since they are called joke coins, they can overshadow the beneficial applications of blockchain technology. They can damage new investors' trust in the cryptocurrency market. In addition, it can be thought that they can also damage blockchain technology. The most negative effect is that they can be used as a method of manipulation and fraud by malicious actors in the market. In this way, they can accelerate the exit of beneficial investors from the market.
When we look at the impact of meme coins on blockchain technology and mass adoption, it would be wrong to say that one side is dominant. We can see that there is a complex situation. On the one hand, we can see new investors entering the cryptocurrency market and increasing interest. On the other hand, we can witness that they damage the reputation of the sector due to their high risks and openness to manipulation. Investors and participants should do their research thoroughly when investing in meme coins and be careful when participating in these projects.
I was on the side of DOGS supported by TON in the meme coin craze. I have a very simple thought about this. DOGS did not extend the process while making an airdrop. In addition, the reference system kept the earnings at a minimum level. This was pleasing for small investors. Even if you could not find many references, you had a chance to receive a nice airdrop amount. In fact, I am sure that many investors who completed the tasks received more airdrops. For this, my folk hero is DOGS. He won hearts by making a fast, fair and equal airdrop.
â While DOGS is taking firm steps towards its path, my favorite for the future should be crazier. Here, of course, I see Justin Sun and the TRON network's meme coins, which have been everywhere for the last 2 weeks, as my favorites. They managed to attract the volume in many networks by entering the market very quickly. We cannot ignore the support tweets made by Justin Sun here. How compatible are JustinSun in the subjects I mentioned above? ï While meme coins continue on their paths mainly with dogs and cats, it was necessary to differentiate. Although they are still heavily involved in the market, Justin Sun brought a difference and added a different atmosphere by making SunWukong u X profile photo. As long as it continues like this, it is inevitable that we will see a change in meme coins.
Â
⥠Meme coins involve high risk and volume. They can cause high losses. The meme coins I mentioned in this article do not contain investment advice. Please do your research and enter the market. Thanks for reading đ
So what are the meme coins that suddenly appear and then calm down? Is there a need for meme coin mining? If so, where does the demand come from? Are there any similarities with social mining? In what way can memecoins affect blockchain technology or mass adoption? Shall we start?
What is Meme Coin?
Let's start my article by defining meme coin. Meme coins are cryptocurrencies that are usually inspired by internet jokes or popular culture. Meme coins are often created without a serious value or goal. The resulting values ââare largely due to speculative factors such as the effects of social media, support from celebrities, or community interactions. If we talk about Dogecoin (DOGE), which is the leader of the sector in this regard, it was initially created as a joke. Later, it gained a large follower base and took its place as one of the first meme coins to form its own community. Again, Shiba Inu (SHIB), which is in 2nd place in terms of market cap within the same criteria, emerged in a similar way and became popular and took its place in the cryptocurrency world. If you pay attention to what I have written so far, I have not mentioned any technology or groundbreaking innovation for the future. Because if I wanted to talk about these, I would have to talk about traditional cryptocurrencies. Traditional cryptocurrencies are created for a specific goal and purpose. Everything that is created is processed into the roadmap one by one. So if we need to talk about coins, we should not forget that meme coins and traditional cryptocurrencies are on different sides.
Where Does the Need or Demand for Meme Coin Mining Come From? Are there any similarities to the phenomenon of social mining?
First of all, I am a social miner myself. If I see a field where the word mining is used, I go there. I handle and evaluate projects within the scope of social mining and produce content based on real information on this subject. I work on projects selected by the @DAO Labs team within certain criteria. I put all the puzzle pieces together, carefully examine the project and write my own thoughts. Now let's look at meme coin mining, which is similar to what I do but has differences.
When it comes to meme coin mining, it is very different from social mining. Meme coins are open to speculation. They can offer investors a high return promise in a short time. This attracts more attention from investors. As meme coins continue to gain value after they emerge, they also create strong and active communities. Thanks to this power they have, they allow their own communities to mine within their own projects. In this way, they ensure that their communities also earn. The community continues to grow day by day. On the other hand, in order for investors to easily access the coin, meme coins provide investors with the opportunity to buy without encountering too many difficulties. So, while we are talking about these, what other critical issues could be the most important ones that bring meme coins to the top? In this regard, I think that many meme coins benefit greatly from the effects of social media and celebrities. Meme coins can quickly become popular by receiving the support of celebrities and social media influencers. Thus, the demand for meme coins continues to increase day by day.
When we look at the basics, both of them show community oriented growth. Social mining offers you a risk-free income opportunity from scratch. You can make very good earnings by using your own skills. You become competent and have saturated information on the projects you research. Meme coins, on the other hand, try to progress by choosing the reward method within themselves. They become more attractive for those who love risk. Even if you are in the community, you can progress by investing.
How will the existence of meme coins affect our ultimate goal?
Meme coins can be seen as high-risk transactions for some of us. For this reason, investors stay away. For other types of investors, they seem fun and good in terms of short-term profit. Meme coins are actually like the fuel a vehicle needs for many networks. Thanks to meme coins that become popular, the number of transactions on the network increases. Volume amounts increase. New users come. When we look at the background of all these beauties, it can be seen that big investments made with the excitement of the moment bring very good profits as well as big losses. In other words, meme coins may not be like other cryptocurrencies. When we look forward, we can see that most of them will have a low market value. It is certain that traditional cryptocurrencies will contribute more to blockchain technology as we progress. Knowing these will show us the right way. As the crypto market grows, it grows as a whole. While thousands of coins are being wiped out from the market, we should not forget the projects that make great contributions to blockchain technology.
What are the Effects of Meme Coins on Blockchain Technology and Mass Adoption?
Here, we need to think from both sides when talking about this subject. What are the positive and negative effects?
On the positive side, meme coins can take action quickly instead of growing slowly like many projects. This means a rapid increase in interest. People who are new to the cryptocurrency market cannot remain indifferent to this and can find themselves in this business. As you get involved, you can see that you are part of communities that grow tremendously. Supporting a tweet is one of the simplest examples. Meme coins can improve their situation by offering innovative areas of use after their first release. In this way, they can continue on their way without being a meme coin that suddenly shines and fades.
On the negative side, the values ââof meme coins can increase or decrease very quickly. They carry high risk. Popular meme coins can draw the volume of the cryptocurrency market onto themselves. These can negatively affect the general stability of the market. Since they are called joke coins, they can overshadow the beneficial applications of blockchain technology. They can damage new investors' trust in the cryptocurrency market. In addition, it can be thought that they can also damage blockchain technology. The most negative effect is that they can be used as a method of manipulation and fraud by malicious actors in the market. In this way, they can accelerate the exit of beneficial investors from the market.
When we look at the impact of meme coins on blockchain technology and mass adoption, it would be wrong to say that one side is dominant. We can see that there is a complex situation. On the one hand, we can see new investors entering the cryptocurrency market and increasing interest. On the other hand, we can witness that they damage the reputation of the sector due to their high risks and openness to manipulation. Investors and participants should do their research thoroughly when investing in meme coins and be careful when participating in these projects.
I was on the side of DOGS supported by TON in the meme coin craze. I have a very simple thought about this. DOGS did not extend the process while making an airdrop. In addition, the reference system kept the earnings at a minimum level. This was pleasing for small investors. Even if you could not find many references, you had a chance to receive a nice airdrop amount. In fact, I am sure that many investors who completed the tasks received more airdrops. For this, my folk hero is DOGS. He won hearts by making a fast, fair and equal airdrop.
â While DOGS is taking firm steps towards its path, my favorite for the future should be crazier. Here, of course, I see Justin Sun and the TRON network's meme coins, which have been everywhere for the last 2 weeks, as my favorites. They managed to attract the volume in many networks by entering the market very quickly. We cannot ignore the support tweets made by Justin Sun here. How compatible are JustinSun in the subjects I mentioned above? ï While meme coins continue on their paths mainly with dogs and cats, it was necessary to differentiate. Although they are still heavily involved in the market, Justin Sun brought a difference and added a different atmosphere by making SunWukong u X profile photo. As long as it continues like this, it is inevitable that we will see a change in meme coins.
Â
⥠Meme coins involve high risk and volume. They can cause high losses. The meme coins I mentioned in this article do not contain investment advice. Please do your research and enter the market. Thanks for reading đ
Where are Web3 games headed?
Today, as @DAO Labs social miner, I will talk about #Web3gaming today. #SocialMining is needed everywhere â€. #Web3 games continue to revolutionize the real ownership of in-game assets thanks to #blockchain technology and smart contracts. This new approach takes the authority from the companies that make the games today and leaves it to the users. With Web3, we now see significant changes in the ownership and management of digital assets.
With Web3, in-game assets and #NFTs s (Non-Fungible Tokens) are recorded on the blockchain. These tokens guarantee that each asset is unique and unchangeable. That asset recorded on a blockchain is connected to the person's digital wallet. This provides us with unchangeable proof of ownership of the asset. It gives us full control over the asset. Assets registered on this blockchain can be easily bought and sold on different platforms. This actually creates a non-gaming economy. Thus, it offers players the opportunity to convert their assets in the digital world into real-world value.
Smart contracts on the blockchain allow in-game events to be performed automatically. For example, when a player completes a task, they can automatically receive a reward. The transparency and security of the transactions ensure that players remain safe from fraud and cheating.
When we look at games, we can see that economic gains occur in different ways. In fact, the most common word that most of us have heard is Play to Earn. Tokens or NFTs with real value can be earned through in-game events. In a sense, the player can use their assets in the game as an investment tool.
Blast Royale (https://x.com/blastroyale) , which I follow and find successful in this regard, is one of the Blast Royale team, which constantly improves its games, including the bear market period, and continues on its way very well in this regard. It continues to grow continuously with more than 650 thousand application downloads. We can call Blast Royale a Battle Royale game. It has strong supporters behind it. Animoca Brands, which we all know well, is one of the supporters. NOOB tokens are earned through in-game events. It has applications for iOS or Android.
In short, the game offers players a high-quality gaming experience by taking the power of Blockchain technology behind it. Players can have fun and find themselves in another game world. The goal is to grow their communities by ensuring that players adopt Blockchain and Web3. What was Web3? It was about players owning all of their own assets. It's all there in this game. Blastverse aims for the game to work well and perform effectively. The team here is constantly developing Blastverse. Many assets in Blastverse are NFTs designed to enable the creation of new gaming experiences. There is a super special Corpos NFT collection in Blast Royale. It is a limited-edition PFP collection. Players who own a Corpo have special Discord channels and various advantages.
When we look at the Blast Royale game;
âą Play matches against real players,
âą Progress towards completing goals like the Battle Pass,
âą Complete Events by participating in unique and fun activities
âą Trade items you earn by playing the game
âą Become a creator who actively contributes to the ecosystem
âą Participate in community activities and help develop the blastverse.
If you want to win big prizes in Blast Royale, you have to trust your skills ï I guess I have to say that my child is more talented than me in this regard :D There are different leagues, special events, tournaments, fun events, minigames and limited gifts in the Blast Royale game. With a little trial, you can have the chance to win prizes by participating in some of them.
I think that Web3 games have started a new era in the gaming industry thanks to the technological innovations that have been made today. We will all live together in a new generation period, leaving everything that is traditional in the past. Players will be the real owners of the games they play. Economic freedom will open doors for some. Games will cease to be just entertainment tools. Large gaming communities will be established. Of course, even if I always talk about their positive aspects, new gaming ecosystems are still developing. There are difficulties and criticisms they face. It will take a certain period of time for users who are not familiar with blockchain technology to take part in the communities.
With Web3, in-game assets and #NFTs s (Non-Fungible Tokens) are recorded on the blockchain. These tokens guarantee that each asset is unique and unchangeable. That asset recorded on a blockchain is connected to the person's digital wallet. This provides us with unchangeable proof of ownership of the asset. It gives us full control over the asset. Assets registered on this blockchain can be easily bought and sold on different platforms. This actually creates a non-gaming economy. Thus, it offers players the opportunity to convert their assets in the digital world into real-world value.
Smart contracts on the blockchain allow in-game events to be performed automatically. For example, when a player completes a task, they can automatically receive a reward. The transparency and security of the transactions ensure that players remain safe from fraud and cheating.
When we look at games, we can see that economic gains occur in different ways. In fact, the most common word that most of us have heard is Play to Earn. Tokens or NFTs with real value can be earned through in-game events. In a sense, the player can use their assets in the game as an investment tool.
Blast Royale (https://x.com/blastroyale) , which I follow and find successful in this regard, is one of the Blast Royale team, which constantly improves its games, including the bear market period, and continues on its way very well in this regard. It continues to grow continuously with more than 650 thousand application downloads. We can call Blast Royale a Battle Royale game. It has strong supporters behind it. Animoca Brands, which we all know well, is one of the supporters. NOOB tokens are earned through in-game events. It has applications for iOS or Android.
In short, the game offers players a high-quality gaming experience by taking the power of Blockchain technology behind it. Players can have fun and find themselves in another game world. The goal is to grow their communities by ensuring that players adopt Blockchain and Web3. What was Web3? It was about players owning all of their own assets. It's all there in this game. Blastverse aims for the game to work well and perform effectively. The team here is constantly developing Blastverse. Many assets in Blastverse are NFTs designed to enable the creation of new gaming experiences. There is a super special Corpos NFT collection in Blast Royale. It is a limited-edition PFP collection. Players who own a Corpo have special Discord channels and various advantages.
When we look at the Blast Royale game;
âą Play matches against real players,
âą Progress towards completing goals like the Battle Pass,
âą Complete Events by participating in unique and fun activities
âą Trade items you earn by playing the game
âą Become a creator who actively contributes to the ecosystem
âą Participate in community activities and help develop the blastverse.
If you want to win big prizes in Blast Royale, you have to trust your skills ï I guess I have to say that my child is more talented than me in this regard :D There are different leagues, special events, tournaments, fun events, minigames and limited gifts in the Blast Royale game. With a little trial, you can have the chance to win prizes by participating in some of them.
I think that Web3 games have started a new era in the gaming industry thanks to the technological innovations that have been made today. We will all live together in a new generation period, leaving everything that is traditional in the past. Players will be the real owners of the games they play. Economic freedom will open doors for some. Games will cease to be just entertainment tools. Large gaming communities will be established. Of course, even if I always talk about their positive aspects, new gaming ecosystems are still developing. There are difficulties and criticisms they face. It will take a certain period of time for users who are not familiar with blockchain technology to take part in the communities.
Exciting Projects of the Blockchain: Real-World Assets (RWA)
Today, in addition to the #SocialMining we do on @DAO Labs , I will talk about Real-World Assets ( RWA ) projects that we see on #Binance . I think the crypto community that has adopted $BTC will love this place over time. #blockchain  technology has now become capable of transforming asset management. One of the innovative areas of this is #RWA projects. When we try to explain RWA, we can say that it is the tokenization and management of real-world assets on the blockchain in its current form. In the rest of my article, I will try to explain what RWAs are, how they work, and why they will be among the most exciting projects in the future. First of all;
What is RWA?
If we need to define RWA, we can say that it is the tokenization of real world assets. These tokens will also be on the blockchain. So what can RWA assets be? I can almost hear you say. Real estate, works of art, stocks are a few examples. In addition to these, we can also count physical or financial assets in this category. The assets we are talking about here provide solutions to more than one issue thanks to tokens. Token ownership, their transfer and management processes can be carried out successfully. Thus, we can see that it is more transparent and secure.
How Do RWAs Work?
In RWA projects, real world assets are represented by a token. Thanks to the token in hand, we can own a certain part or all of that asset. Here, transactions are carried out automatically and securely thanks to smart contracts. All these transactions are processed securely and
transparently on distributed ledgers. Thus, fraud risks are reduced.
Advantages of RWAs
RWA projects offer us many advantages compared to the traditional asset management and financial systems that continue today. Since all transactions are recorded on the blockchain, it provides us with transparency. It reduces the risk of fraud thanks to distributed ledger technology. It allows the assets that are in front of us as tokens to be bought and sold more easily and quickly. The best advantage for us is that it allows us to invest in large assets with small amounts as small investors. As a result, the transactions made with smart contracts are automatic and the costs are low.
Future RWA Projects
I think RWA projects have great potential today. I believe that they will gain the trust of investors and be adopted by wider masses. With the advancement of technological developments and the support of institutional organizations, they can really provide a solution to a big issue. The idea of ââbeing a partner in big projects with small investments excites me. RWA projects will progress and contribute to the formation of a more equitable economic system.
What is RWA?
If we need to define RWA, we can say that it is the tokenization of real world assets. These tokens will also be on the blockchain. So what can RWA assets be? I can almost hear you say. Real estate, works of art, stocks are a few examples. In addition to these, we can also count physical or financial assets in this category. The assets we are talking about here provide solutions to more than one issue thanks to tokens. Token ownership, their transfer and management processes can be carried out successfully. Thus, we can see that it is more transparent and secure.
How Do RWAs Work?
In RWA projects, real world assets are represented by a token. Thanks to the token in hand, we can own a certain part or all of that asset. Here, transactions are carried out automatically and securely thanks to smart contracts. All these transactions are processed securely and
transparently on distributed ledgers. Thus, fraud risks are reduced.
Advantages of RWAs
RWA projects offer us many advantages compared to the traditional asset management and financial systems that continue today. Since all transactions are recorded on the blockchain, it provides us with transparency. It reduces the risk of fraud thanks to distributed ledger technology. It allows the assets that are in front of us as tokens to be bought and sold more easily and quickly. The best advantage for us is that it allows us to invest in large assets with small amounts as small investors. As a result, the transactions made with smart contracts are automatic and the costs are low.
Future RWA Projects
I think RWA projects have great potential today. I believe that they will gain the trust of investors and be adopted by wider masses. With the advancement of technological developments and the support of institutional organizations, they can really provide a solution to a big issue. The idea of ââbeing a partner in big projects with small investments excites me. RWA projects will progress and contribute to the formation of a more equitable economic system.
First Integrated Blockchain Network: MOVEMENT
Today I will tell you about a different topic within the scope of #SocialMining under the roof of @DAO Labs . Let's not talk about $ETH , #altcoin or #meme coinđ. I will mention the #Binance Labs supported Movement and @Polygon Agglayer. The $MATIC that everyone knows. Nowadays there is a new programming language. The Move language. Move focuses on the security of digital assets and smart contracts. So what distinguishes it from other programming languages ? Solidity and Ethereum Virtual Machine (EVM), the first generation Web3 programming languages that are in our lives, were not created for security purposes at their core.Considering the progress by raising them, it has been seen that they have serious disadvantages. Entrepreneurs who saw this have founded Movement Labs. The goal is to combine the most secure network, Ethereum, with advanced Web3 technology.
Many blockchain enthusiasts have heard the names APTOS and $SUI . Aptos and Sui have taken their place in crypto as layer 1 blockchains . So what is their relevance to our topic? These two projects use the Move programming language. Their goals are high efficiency, scalability, low fees and innovations for users. Movement Labs is the first company to bring Move technology to the Ethereum layer 2 network and has expanded their technology to Ethereum layer 2. Thus, when data is written to Ethereum, a blockchain is created where faster and cheaper transactions take place. Here, we come across MoveVM, which is the combination of Move and EVM. While creating a strong VM in terms of speed and security, it has allowed developers to distribute Solidity contracts without making changes to the code in the transactions made by them. In this way, developers have the opportunity to distribute fully verified code during operation. MoveVM prevents types of attacks such as re-entry. It makes developers feel secure. MoveVM offers 160K+ TPS .
Let's look at its relationship with Polygon. First of all, Movement received an investment of $38 million from a leading and respected investment firm such as Polychain Capital at an early stage. This shows us the potential of the project. Polygon decided to integrate Movement into Polygon in order to grow its own ecosystem in this regard. How would this happen? Polygon's Aggregator Layer (Agglayer) was important for the integration to be realized with Movement. Polygon Agglayer facilitates the interaction and integration between different blockchain networks and protocols. It produces solutions for us. Move will be included in the Polygon ecosystem through Agglayer and a significant liquidity will be provided. This amount is $160 million and shows us the trust of users in the platform and the significant amount of capital they have invested. In addition, the Polygon ecosystem will diversify after the integration of Move based projects such as Sui Move and Aptos Move to Polygon is completed in the future. When we think even further, applications and smart contracts written in the Move language will now be able to take place in the Polygon ecosystem. Compatibility between different blockchains will make great contributions to Polygon, Move and the blockchain world.
As a result, Movement, which has received a good amount of investment, will be the first Move based ecosystem to use Agglayer, taking the support of Binance Labs behind it and completing its integration into the Polygon ecosystem. Its integration with Polygon Agglayer will allow it to access a wider user base and more dApp (decentralized application) developers. With a strong liquidity, it will have the chance to continue its healthy growth. Polygon will benefit from this in MATIC. MoveVM will increase efficiency with its innovative and technological adaptation. Cooperation with the Polygon ecosystem will provide a strategic advantage and will benefit from strengthening its Sunday position. As a social miner on #PolygonHUB , I have shared my thoughts with you. And do you think that the Movement will be able to successfully climb these steps and continue to progress?
Many blockchain enthusiasts have heard the names APTOS and $SUI . Aptos and Sui have taken their place in crypto as layer 1 blockchains . So what is their relevance to our topic? These two projects use the Move programming language. Their goals are high efficiency, scalability, low fees and innovations for users. Movement Labs is the first company to bring Move technology to the Ethereum layer 2 network and has expanded their technology to Ethereum layer 2. Thus, when data is written to Ethereum, a blockchain is created where faster and cheaper transactions take place. Here, we come across MoveVM, which is the combination of Move and EVM. While creating a strong VM in terms of speed and security, it has allowed developers to distribute Solidity contracts without making changes to the code in the transactions made by them. In this way, developers have the opportunity to distribute fully verified code during operation. MoveVM prevents types of attacks such as re-entry. It makes developers feel secure. MoveVM offers 160K+ TPS .
Let's look at its relationship with Polygon. First of all, Movement received an investment of $38 million from a leading and respected investment firm such as Polychain Capital at an early stage. This shows us the potential of the project. Polygon decided to integrate Movement into Polygon in order to grow its own ecosystem in this regard. How would this happen? Polygon's Aggregator Layer (Agglayer) was important for the integration to be realized with Movement. Polygon Agglayer facilitates the interaction and integration between different blockchain networks and protocols. It produces solutions for us. Move will be included in the Polygon ecosystem through Agglayer and a significant liquidity will be provided. This amount is $160 million and shows us the trust of users in the platform and the significant amount of capital they have invested. In addition, the Polygon ecosystem will diversify after the integration of Move based projects such as Sui Move and Aptos Move to Polygon is completed in the future. When we think even further, applications and smart contracts written in the Move language will now be able to take place in the Polygon ecosystem. Compatibility between different blockchains will make great contributions to Polygon, Move and the blockchain world.
As a result, Movement, which has received a good amount of investment, will be the first Move based ecosystem to use Agglayer, taking the support of Binance Labs behind it and completing its integration into the Polygon ecosystem. Its integration with Polygon Agglayer will allow it to access a wider user base and more dApp (decentralized application) developers. With a strong liquidity, it will have the chance to continue its healthy growth. Polygon will benefit from this in MATIC. MoveVM will increase efficiency with its innovative and technological adaptation. Cooperation with the Polygon ecosystem will provide a strategic advantage and will benefit from strengthening its Sunday position. As a social miner on #PolygonHUB , I have shared my thoughts with you. And do you think that the Movement will be able to successfully climb these steps and continue to progress?
âïžHave you come across the #SocialMining projects maintained by @DAO Labs ? They are all high quality and we know them all. Projects that prioritize and constantly grow their community will always survive. There are many social miners within DAO Labs who do this job in a quality way. Today I will tell you about @Ton Network Network , the social mining center within DAO Labs.
đŻWe hear his name very often lately. Perhaps the reason why most people who are far from blockchain have heard of it for the first time may be the NOT coin released on the #TON network. Even someone who is far from Blockchain can earn airdrops by clicking something on their phone while sitting at home. This is the opening of a new door. Many projects are now on the TON network. By easily reaching real users, they increase their community to millions. There are many projects currently. Who will airdrop next? I think I can say that the games launched here are the beginning of a truly crazy era.TON network has been very active lately.
*The Open League season 5 starting soon (Starts July 10)
*Within two months, more than 500 million USDt of net money circulated on the TON network, making this the fastest growth in Tether's history *Integrating and presenting many applications you can think of to the #TON network
* Whatever you are wondering about, we have it all. Payments, social projects, security, #DeFi , DEX, games, wallets and much, much more
My personal opinion is that TON is with us as a complete ecosystem. Whatever he plans and thinks appears fully integrated. We can do this very easily via mobile phones and telegram, which are always with us. As we build the future, we social miners walk with it. If you would like to join the TON community, you can join here.đ
https://toncommunityhub.com/
#TCHub
Here is another good article
LIVEDAO Labs
--
Victoria Flores: A Beacon of Passion in DAOVERSE
This article was inspired by the story of SMOTH's latest guest, Victoria Flores.
DAOVERSE, ' hub, is home to blockchain enthusiasts from all corners of the world.
They share a common belief in blockchain technology and cryptocurrency, creating a colorful, energetic, and loving environment in a mosaic of different races, religions, languages, and cultures from different continents around the world.
This beautiful community, brought together by a passion for blockchain, supports DAO Labs' idea of social mining and works with the community to raise awareness in the Social Mining Hubs of DAO Labs projects. Project teams support Social Miners' work with token rewards. social miners earn $TONs for their labor. miners earn , and #KavaHub miners earn . Hub earns for their awareness work, and members receive $WAXP.
Social miners are rewarded on , DAO Labs' Hub for their work in $USDT because DAOVERSE's token has not yet been minted.
Before I introduce Victoria, who inspired this article, I would like to introduce you to a weekly event that miners are eagerly awaiting. In the social event, which we call SMotH for short, we learn the social mining story of a successful miner who adds value to the community with her contributions, the adventure that brought her to our community, and her advice to social miners. Amara is hosting this event, which miners are eagerly awaiting. She has an infectious cheerfulness. It's really hard to be sad around her. Her positive energy puts her guests at ease and adds a special color to the conversation with her jokes.
Now I'd like to introduce the star of my article.
Victoria Flores! Every miner in our community has a unique story. But some of us are really like rare flowers.
Our Victoria Flores is one of those rare flowers. She joins the community from South America. Venezuelan Victoria. And she has all the warmth and sparkle of the tropics. She lights up the group.
A hardworking, intelligent, and determined personality with a big heart defines our tropical Latin American flower. Victoria, who joined our telegram group with a DAO Labs tweet she stumbled upon on Twitter; and then realized that she was born as a social miner and took her place in the community, is getting stronger every day by improving her mining skills. As an administrative assistant for many years, Victoria's motivation stems from her passion for social mining.
One of the most important reasons for its development is its unconditional support to the miners in its community. She has benefited from all the blessings of working together while supporting her community.
Victoria advises new social miners to stay persistent, put love into their work, and constantly learn.
Victoria Flores' story inspires all aspiring social miners, exemplifying the impact of passion, commitment, and community support in Social Mining.
Let's take a look at what this dedicated Venezuelan miner has achieved in her work, which is more focused on learning.
For a closer look into Victoria Flores's life, please read the conversation article compiled by Amara on our blog.
https://www.daolabs.com/posts/the-roaring-kitty-of-social-mining
If you're curious about Victoria, I'm willing to bet you'll see her on the DAO Labs Global Telegram either supporting a fellow miner or sharing a message asking her friends to support her new tweet...
https://t.me/DaoLabs
DAOVERSE, ' hub, is home to blockchain enthusiasts from all corners of the world.
They share a common belief in blockchain technology and cryptocurrency, creating a colorful, energetic, and loving environment in a mosaic of different races, religions, languages, and cultures from different continents around the world.
This beautiful community, brought together by a passion for blockchain, supports DAO Labs' idea of social mining and works with the community to raise awareness in the Social Mining Hubs of DAO Labs projects. Project teams support Social Miners' work with token rewards. social miners earn $TONs for their labor. miners earn , and #KavaHub miners earn . Hub earns for their awareness work, and members receive $WAXP.
Social miners are rewarded on , DAO Labs' Hub for their work in $USDT because DAOVERSE's token has not yet been minted.
Before I introduce Victoria, who inspired this article, I would like to introduce you to a weekly event that miners are eagerly awaiting. In the social event, which we call SMotH for short, we learn the social mining story of a successful miner who adds value to the community with her contributions, the adventure that brought her to our community, and her advice to social miners. Amara is hosting this event, which miners are eagerly awaiting. She has an infectious cheerfulness. It's really hard to be sad around her. Her positive energy puts her guests at ease and adds a special color to the conversation with her jokes.
Now I'd like to introduce the star of my article.
Victoria Flores! Every miner in our community has a unique story. But some of us are really like rare flowers.
Our Victoria Flores is one of those rare flowers. She joins the community from South America. Venezuelan Victoria. And she has all the warmth and sparkle of the tropics. She lights up the group.
A hardworking, intelligent, and determined personality with a big heart defines our tropical Latin American flower. Victoria, who joined our telegram group with a DAO Labs tweet she stumbled upon on Twitter; and then realized that she was born as a social miner and took her place in the community, is getting stronger every day by improving her mining skills. As an administrative assistant for many years, Victoria's motivation stems from her passion for social mining.
One of the most important reasons for its development is its unconditional support to the miners in its community. She has benefited from all the blessings of working together while supporting her community.
Victoria advises new social miners to stay persistent, put love into their work, and constantly learn.
Victoria Flores' story inspires all aspiring social miners, exemplifying the impact of passion, commitment, and community support in Social Mining.
Let's take a look at what this dedicated Venezuelan miner has achieved in her work, which is more focused on learning.
For a closer look into Victoria Flores's life, please read the conversation article compiled by Amara on our blog.
https://www.daolabs.com/posts/the-roaring-kitty-of-social-mining
If you're curious about Victoria, I'm willing to bet you'll see her on the DAO Labs Global Telegram either supporting a fellow miner or sharing a message asking her friends to support her new tweet...
https://t.me/DaoLabs
if you want to read a good article about social mining
LIVEMetaverseJR
--
The Epicenter of Social Mining: DAO Labs
I- What is Social Mining?
#SocialMining is an innovative system that rewards users and strengthens communities by actively contributing to blockchain projects.
The success of successful projects such as Bitcoin and #Ethereum is not limited to the contributions of miners, but also to technical development, business development, marketing and community building. However, there has always been a lack of a mechanism to reward such contributions. Social Mining exists to fill this gap.
II-Overview of Social Mining Platforms
The Social Mining SaaS developed by DAO Labs is compatible with various blockchain infrastructures, allowing users to actively participate in crypto projects and contribute by generating content. #TheDAOLabs social mining galaxy includes social mining hubs for DAOVERSE, Avalanche, Polygon, Kava, WAX and TON projects. Anyone can register in these HUBs. After linking your social media accounts with the platform, you can immediately start social mining and earning points.
III-The Importance of Role in Social Mining
Social Mining enables projects to better engage with and grow their communities. People from different professions in each country strive to contribute to the projects' objectives. However, it is very important that they identify their main area of expertise in the role questionnaire they fill in when registering for Social Mining centers. And why?
Because the role you define allows you to see some or all of the published tasks. It would not be the right move to choose a role for which you do not have the competence to see all tasks. Because these roles are approved by managers after the necessary checks are made.
Also, once you start social mining, there is no way you can stand still. You will always want to do better and be better. How?
IV-Roles Evolving on Your Social Mining Journey
You may not know much about the cryptocurrency market and blockchain technologies, and you may even rarely use social media. It doesn't matter at all. I was in this situation when I first started, that's why the first role I defined was "Blockchain Enthusiast".
In the future, you will do more research and learn more and more things through the tasks you will do. Then you will be able to write articles. In this case, you can update your role to "Article Writer".
In fact, after a while, you will start to realize that the tweets you tweet and the articles you publish can't go beyond a text file and you will start to wonder âwould it be better with visual content, would it attract more attention?â. That's when you will start designing visuals and even want to make your article more interesting with short infographics . That's when you can update your role to "Graphic Designer".
See, you've already gained a lot from social mining. So why not do more. And please remember that it is entirely up to you. Now is the time to answer the question âis it OK or not?â.
If your answer is âyesâ, thank you for having the patience to read this article up to this point. But if your answer is âcontinueâ, then let's move on to the next topic of interest.
V-What Kind of Content Do Social Miners Produce?
A social miner's job is to contribute positively to all projects and communitys. This can be either by tweeting/commenting or by providing much more detailed and visually enriched content than the tasks published in social mining hubs.
Social miners can't give investment advice, on the contrary, they should accurately inform the community about projects and developments... (You don't even have to go into technical details if it's not your specialty.) Through this information, project updates reach many more people and the project community is encouraged to support the project even more. Because social mining is all about encouraging the community to make valuable contributions to the project and rewarding them for it. I also think that the consciousness of a project community is a supportive factor in guiding new community members. It shows that they value and own the project.
VI-What Points Sources Do Social Miners Use?
The Social Mining platform can be customized according to the wishes of each project. I will tell you about the sources of points that I am currently actively using. In the table below, you can also see the available sources of points based on Social Mining Hubs.
Twitter and the Task module are actively used in all existing social mining hubs. In addition, the Reddit module is also used on demand.
As an experienced miner with more than five years of social mining experience, I can tell you how these modules work as follows:
Twitter Module:
When you register at the Social Mining hubs, you need to connect your X account. Once this connection is established, you start following the project's official X account and interacting with the posts. Each project has a weekly limit of RTs and tweets. You can RT within these limits and tweet using specified hashtags and mentions. After regular scans, the platform scores the interactions your posts receive and reflects them in your platform account.
Task Module:
Most of the tasks in social mining centers are published publicly. However, specific tasks can also be published according to the needs of projects or the competencies of social miners. These tasks can only be seen by people who have reached the specified role or reputation level.
In the available task details, information about the purpose of the task, how and what kind of content you are asked to publish, when the task will be closed, etc. and the rules you must follow are written.
After publishing your tweet, maxipost, thread or article by taking all the warnings into account, you submit your link in the relevant task detail for review.
Some time after the task participation period expires, all content is reviewed by the project validators and the relevant points are reflected in the users' accounts after the evaluations are completed according to the scales determined for that task.
Reddit Module:
This module works in the same way as the TwitterX module. After connecting your Reddit account to the platform, you should follow the project's official subreddit account and then start interacting with it. Here, too, there are weekly limits and keywords that should be used. There is also information about which subreddits you can publish posts in. In order not to get your Reddit account banned, it is better to post as much as possible in the relevant subreddits that allow you to post or in the specified subreddits.
VII-When can I convert my earned points into USDT/Project tokens?
You can convert all your earned points into USDT weekly on the DAOVERSE platform, and into project tokens monthly on the Avalanche Hub $AVAX , Polygon Hub , KAVA Hub , WAX Hub and TC Hub #TON platforms and request them to your Metamask wallet address.
I am also attaching the table of my earnings from social mining hubs below for my friends who are curious.
I would like to remind you that these earnings are not income from a full-time job. It is my total earnings based on the time I can spare depending on my daily life. But you can also consider me as a small investor apart from my social miner identity. Because I hold a large part of this income that I get from my contribution to projects for the bull market.
If you want to invest in DAOVERSE, AVALANCHE, POLYGON, KAVA, WAX, TON and other upcoming projects but can't provide liquidity, if now is not the right time to start social mining, when is? Maybe I still haven't convinced you. Then you should definitely read The DAO Labs 2023 Review. In the final part of this article, there are important tips on many topics including platform developments. For example, you might want to read more carefully the paragraph of little tips about âLaunchpad Prospectsâ.
I think I got your attention even more nowđ I don't know the details yet, but I can imagine that social miners might have some advantages.
As you can see, social mining not only allows you to contribute to projects and earn rewards in return, but also gives you the opportunity to develop your own knowledge and skills and even invest in projects. So, become a SocMin and explore the Social Mining Galaxy and its benefits with us...
#EarnFreeCrypto2024
#SocialMining is an innovative system that rewards users and strengthens communities by actively contributing to blockchain projects.
The success of successful projects such as Bitcoin and #Ethereum is not limited to the contributions of miners, but also to technical development, business development, marketing and community building. However, there has always been a lack of a mechanism to reward such contributions. Social Mining exists to fill this gap.
II-Overview of Social Mining Platforms
The Social Mining SaaS developed by DAO Labs is compatible with various blockchain infrastructures, allowing users to actively participate in crypto projects and contribute by generating content. #TheDAOLabs social mining galaxy includes social mining hubs for DAOVERSE, Avalanche, Polygon, Kava, WAX and TON projects. Anyone can register in these HUBs. After linking your social media accounts with the platform, you can immediately start social mining and earning points.
III-The Importance of Role in Social Mining
Social Mining enables projects to better engage with and grow their communities. People from different professions in each country strive to contribute to the projects' objectives. However, it is very important that they identify their main area of expertise in the role questionnaire they fill in when registering for Social Mining centers. And why?
Because the role you define allows you to see some or all of the published tasks. It would not be the right move to choose a role for which you do not have the competence to see all tasks. Because these roles are approved by managers after the necessary checks are made.
Also, once you start social mining, there is no way you can stand still. You will always want to do better and be better. How?
IV-Roles Evolving on Your Social Mining Journey
You may not know much about the cryptocurrency market and blockchain technologies, and you may even rarely use social media. It doesn't matter at all. I was in this situation when I first started, that's why the first role I defined was "Blockchain Enthusiast".
In the future, you will do more research and learn more and more things through the tasks you will do. Then you will be able to write articles. In this case, you can update your role to "Article Writer".
In fact, after a while, you will start to realize that the tweets you tweet and the articles you publish can't go beyond a text file and you will start to wonder âwould it be better with visual content, would it attract more attention?â. That's when you will start designing visuals and even want to make your article more interesting with short infographics . That's when you can update your role to "Graphic Designer".
See, you've already gained a lot from social mining. So why not do more. And please remember that it is entirely up to you. Now is the time to answer the question âis it OK or not?â.
If your answer is âyesâ, thank you for having the patience to read this article up to this point. But if your answer is âcontinueâ, then let's move on to the next topic of interest.
V-What Kind of Content Do Social Miners Produce?
A social miner's job is to contribute positively to all projects and communitys. This can be either by tweeting/commenting or by providing much more detailed and visually enriched content than the tasks published in social mining hubs.
Social miners can't give investment advice, on the contrary, they should accurately inform the community about projects and developments... (You don't even have to go into technical details if it's not your specialty.) Through this information, project updates reach many more people and the project community is encouraged to support the project even more. Because social mining is all about encouraging the community to make valuable contributions to the project and rewarding them for it. I also think that the consciousness of a project community is a supportive factor in guiding new community members. It shows that they value and own the project.
VI-What Points Sources Do Social Miners Use?
The Social Mining platform can be customized according to the wishes of each project. I will tell you about the sources of points that I am currently actively using. In the table below, you can also see the available sources of points based on Social Mining Hubs.
Twitter and the Task module are actively used in all existing social mining hubs. In addition, the Reddit module is also used on demand.
As an experienced miner with more than five years of social mining experience, I can tell you how these modules work as follows:
Twitter Module:
When you register at the Social Mining hubs, you need to connect your X account. Once this connection is established, you start following the project's official X account and interacting with the posts. Each project has a weekly limit of RTs and tweets. You can RT within these limits and tweet using specified hashtags and mentions. After regular scans, the platform scores the interactions your posts receive and reflects them in your platform account.
Task Module:
Most of the tasks in social mining centers are published publicly. However, specific tasks can also be published according to the needs of projects or the competencies of social miners. These tasks can only be seen by people who have reached the specified role or reputation level.
In the available task details, information about the purpose of the task, how and what kind of content you are asked to publish, when the task will be closed, etc. and the rules you must follow are written.
After publishing your tweet, maxipost, thread or article by taking all the warnings into account, you submit your link in the relevant task detail for review.
Some time after the task participation period expires, all content is reviewed by the project validators and the relevant points are reflected in the users' accounts after the evaluations are completed according to the scales determined for that task.
Reddit Module:
This module works in the same way as the TwitterX module. After connecting your Reddit account to the platform, you should follow the project's official subreddit account and then start interacting with it. Here, too, there are weekly limits and keywords that should be used. There is also information about which subreddits you can publish posts in. In order not to get your Reddit account banned, it is better to post as much as possible in the relevant subreddits that allow you to post or in the specified subreddits.
VII-When can I convert my earned points into USDT/Project tokens?
You can convert all your earned points into USDT weekly on the DAOVERSE platform, and into project tokens monthly on the Avalanche Hub $AVAX , Polygon Hub , KAVA Hub , WAX Hub and TC Hub #TON platforms and request them to your Metamask wallet address.
I am also attaching the table of my earnings from social mining hubs below for my friends who are curious.
I would like to remind you that these earnings are not income from a full-time job. It is my total earnings based on the time I can spare depending on my daily life. But you can also consider me as a small investor apart from my social miner identity. Because I hold a large part of this income that I get from my contribution to projects for the bull market.
If you want to invest in DAOVERSE, AVALANCHE, POLYGON, KAVA, WAX, TON and other upcoming projects but can't provide liquidity, if now is not the right time to start social mining, when is? Maybe I still haven't convinced you. Then you should definitely read The DAO Labs 2023 Review. In the final part of this article, there are important tips on many topics including platform developments. For example, you might want to read more carefully the paragraph of little tips about âLaunchpad Prospectsâ.
I think I got your attention even more nowđ I don't know the details yet, but I can imagine that social miners might have some advantages.
As you can see, social mining not only allows you to contribute to projects and earn rewards in return, but also gives you the opportunity to develop your own knowledge and skills and even invest in projects. So, become a SocMin and explore the Social Mining Galaxy and its benefits with us...
#EarnFreeCrypto2024
See original
Good article about WAX. Thanks for the nice statistical information.
LIVEmarpaci
--
WAX Blockchain: Innovation for Recognition and Growth in the Crypto World
WAX Blockchain is a blockchain network that was launched in 2017 and aims to make e-commerce transactions faster, simpler and safer. Initially built on Ethereum, WAX later transitioned to its blockchain. Using the Delegated Proof-of-Stake (DPoS) consensus mechanism, it can operate without the need for miners, thus offering low transaction fees to its users.
WAX describes itself as the âKing of NFTsâ and aims to become the largest peer-to-peer (P2P) trading platform for digital goods such as games and in-game items. For example, Alien Worlds, one of the popular NFT projects, runs on the WAX blockchain. Users can create various decentralized applications (dApps), buy and sell NFTs, and play games through WAX.
WAXP functions as the native cryptocurrency of the WAX platform and has various use cases within the network. Users can use the #WAXP coin to list items for sale, perform instant transactions, transfer and organize the transfer of virtual assets such as NFTs and tokens. In addition, $WAXP has a staking feature and users can earn additional token rewards by locking their assets.
About 13 months ago, WAX collaborated with DAO Labs to open the WAX Hub and put social miners behind it. With this collaboration, WAX started to be recognized and grow faster.Â
So how did this happen? Is recognition so important?
Yes, it is very important. Even the world's largest companies, the most well-known brands, spend millions of dollars every year on advertising.Â
However, in the cryptocurrency market, companies prioritize recognition within that market. At this point, DAO Labs comes into play. Thousands of social miners in its organization use social media to spread information about companies and innovations. Thus, announcements and developments are rapidly spread and heard on social media.
In WAX Hub, there is a level system. New users receive a total of 1 rep when they complete five basic tasks and advance to LVL2. In this way, they can vote on tasks completed by other miners on the community board, which earns additional points for the task completers.Â
Now I would like to give you some statistical information covering these 13 months.
In 13 months, the number of social miners registered to WAX Hub is 3,262.
1,571 X addresses were registered to the Hub.
These miners collected 3,994,530 points, worth $39945.
In addition to this total reward, various NFTs and raffle tickets were also distributed across different tasks.
In total, 128 tasks were created and 11,264 tasks were submitted.
During these 13 months, social miners made 80,920 reposts (formerly RT) from the WAX X account. The ratio of this number to the total number of reposts is 56.61%. In other words, approximately one out of every 2 reposts was made by Hub participants.
There were 19,643 unique tweets about WAX. And these tweets received nearly 30 million impressions.
If you want more detailed information, you can refer to the table below.
As you can see in the graph below, 75% of the reposts made from the WAX x account in December were made by hubbers.
These figures show how much social mining can contribute to a project.
While companies focus on development, social miners do promotion and announcement work.Â
In this sense, DAO Labs offers great opportunities for both companies and content producers who want to earn additional income.
And finally, I also want to display some data from successful miners.
Through its robust platform and commitment to fostering a thriving ecosystem, WAX has positioned itself as a leader in facilitating efficient e-commerce transactions and pioneering the NFT marketplace. With the collaborative efforts of DAO Labs and the dedication of social miners within the WAX Hub, the platform has gained recognition and experienced significant growth. This underscores the importance of visibility and community engagement in the cryptocurrency market. As we reflect on the achievements of these past months and the invaluable contributions of social miners, it becomes evident that their efforts play a pivotal role in shaping the success of projects like WAX.
WAX describes itself as the âKing of NFTsâ and aims to become the largest peer-to-peer (P2P) trading platform for digital goods such as games and in-game items. For example, Alien Worlds, one of the popular NFT projects, runs on the WAX blockchain. Users can create various decentralized applications (dApps), buy and sell NFTs, and play games through WAX.
WAXP functions as the native cryptocurrency of the WAX platform and has various use cases within the network. Users can use the #WAXP coin to list items for sale, perform instant transactions, transfer and organize the transfer of virtual assets such as NFTs and tokens. In addition, $WAXP has a staking feature and users can earn additional token rewards by locking their assets.
About 13 months ago, WAX collaborated with DAO Labs to open the WAX Hub and put social miners behind it. With this collaboration, WAX started to be recognized and grow faster.Â
So how did this happen? Is recognition so important?
Yes, it is very important. Even the world's largest companies, the most well-known brands, spend millions of dollars every year on advertising.Â
However, in the cryptocurrency market, companies prioritize recognition within that market. At this point, DAO Labs comes into play. Thousands of social miners in its organization use social media to spread information about companies and innovations. Thus, announcements and developments are rapidly spread and heard on social media.
In WAX Hub, there is a level system. New users receive a total of 1 rep when they complete five basic tasks and advance to LVL2. In this way, they can vote on tasks completed by other miners on the community board, which earns additional points for the task completers.Â
Now I would like to give you some statistical information covering these 13 months.
In 13 months, the number of social miners registered to WAX Hub is 3,262.
1,571 X addresses were registered to the Hub.
These miners collected 3,994,530 points, worth $39945.
In addition to this total reward, various NFTs and raffle tickets were also distributed across different tasks.
In total, 128 tasks were created and 11,264 tasks were submitted.
During these 13 months, social miners made 80,920 reposts (formerly RT) from the WAX X account. The ratio of this number to the total number of reposts is 56.61%. In other words, approximately one out of every 2 reposts was made by Hub participants.
There were 19,643 unique tweets about WAX. And these tweets received nearly 30 million impressions.
If you want more detailed information, you can refer to the table below.
As you can see in the graph below, 75% of the reposts made from the WAX x account in December were made by hubbers.
These figures show how much social mining can contribute to a project.
While companies focus on development, social miners do promotion and announcement work.Â
In this sense, DAO Labs offers great opportunities for both companies and content producers who want to earn additional income.
And finally, I also want to display some data from successful miners.
Through its robust platform and commitment to fostering a thriving ecosystem, WAX has positioned itself as a leader in facilitating efficient e-commerce transactions and pioneering the NFT marketplace. With the collaborative efforts of DAO Labs and the dedication of social miners within the WAX Hub, the platform has gained recognition and experienced significant growth. This underscores the importance of visibility and community engagement in the cryptocurrency market. As we reflect on the achievements of these past months and the invaluable contributions of social miners, it becomes evident that their efforts play a pivotal role in shaping the success of projects like WAX.
You should definitely take a look at this article, which contains excellent information in terms of content.
LIVENipek
--
Believing in the Power of Avalanche
An avalanche is a fascinating natural phenomenon characterised by the rapid movement of snowballs down a steep slope.
Interestingly, this concept finds a metaphorical echo in social mining studies, especially in blockchain ecosystems.
Social mining HUBs can most meaningfully generate the synergy needed for a blockchain project to promote itself, make people believe in it, and, more importantly, be sustainable.
We call this the "magic" of social mining. Once a project HUB is established, social miners can generate huge benefits from collective action in a project hub, just as snowballs can create an "avalanche" from the collective dynamics of the terrain. In the right conditions, the intimate and small-scale contribution and interaction of a Social Miner can turn into a giant community avalanche, and the project can shine as if giant spotlights were shining on it.
In 2018, the technology company Ava Labs in New York, USA, introduced a layer1 blockchain to the blockchain technology world as an alternative to classic consensus protocols.
They named their project "Avalanche", inspired by the three-stage consensus protocols (Snowflake, Snowball and Avalanche.)
The #AvalancheAVAX #AvalancheAVAXproject, which is now in the top 10 of the blockchain world, has benefited from the positive energy of the #AvalancheHub, #AvalancheHub, one of DAO Labs' most active social mining HUBs, since its testnet in 2020.
DAO Labs' Social Mining efforts represent a new approach to community management and the promotion of community work.
At #TheDAOLabs #TheDAOLabsSocial Miners come together in the Hubs of Projects. Community members, who form the core of the project community, are encouraged to produce content supporting the social mining platform's DAO, thus raising awareness of the project. These community activities empower social miners to actively participate in ecosystem growth and development and foster a sense of ownership and belonging in the hub.
HUB members are rewarded for their contributions with native tokens or other digital assets.
This symbiotic relationship between contributions and rewards underpins a thriving token economy where the value of tokens is derived from the collective efforts and contributions of the community.Â
DAO Labs, a social mining platform, recognises the valuable contributions of community members through a transparent and meritocratic mechanism. Reputation points generated by community loyalty and valuable content incentivize social miners to create higher-quality content. The benefit of all these incentives goes far beyond short-term awareness-raising and plays a critical role in the long-term sustainability of the project ecosystem.
Of course, a project's community hub is not only made up of content creators; participants come from all walks of the blockchain space, including developers, web designers, graphic designers, blockchain enthusiasts, traders, business developers, holders, and influencers.
Within this community, everyone contributes their talent or skill to the project's value, locked in a common goal.
Some produce content and spread it on social media to help the project gain broader exposure in the blockchain space and reach investors.
Some contribute to network security through delegation by staking the project token or running nodes.
Projects with active Social Mining HUBs almost guarantee sustainability during bear seasons or slow periods through community power.
The Avalanche Hub is one of the most advanced examples of Project HUBs that combine project communities with DAO Labs social miners.Â
Inspiring my article title, "Avalanche" is a high-performance layer1 blockchain project coded for the development of decentralised applications (dApps)
This unique consensus protocol ensures the network is fast, reliable and scalable. The Avalanche blockchain offers flexible usage possibilities with its subnets and has taken its rightful place in the blockchain technology field with its mainnet.
DAO Labs social miners discovered this high-performance blockchain project in early 2020 when it was still in the testnet phase. Today, they are the first community members of the Avalanche HUB, home to one of the most influential communities in the blockchain space.
If we look at the values produced by Avalanche HUB, which has been growing continuously for more than four years, as of April 2024, 28,000 registered HUB members have completed nearly 8,000 team tasks to date. Avalanche HUB continues to spread the Avalanche ecosystem with 2,200 daily active social miners on Telegram, Twitter and Reddit.
The numbers generated by Avalanche HUB on X are also very striking. 6734 Avalanche HUB member users with more than 1 million engagements generated more than 54.5 million impressions.
The breakdown of Avalanche Hub's community members by country, blockchain skills, and professional skills is also remarkable.
The infographic above outlines one of the most influential aspects of the Avalanche HUB. During the testing of the Avalanche network in 2020, social miners tested their technical knowledge and skills as validators.Â
Social Mining HUBs allow you to go beyond your existing skills. They are like multi-program schools.
The average social miner uses Canva and Photoshop, learns grammar and English spelling, and learns how to install and run many programs on their PC. They develop the PC skills required by blockchain technology.
If you search for what distinguishes the Avalanche project from other layer 1 projects, in addition to its technical superiority, you will definitely see the influential community among its features. This is realised through DAO Labs' social mining.Â
Avalanche Hub has a reward mechanism that incentivises effective user engagement. For example, community members with Project tokens can contribute to the network's security by staking and receiving rewards.Â
Developers or web designers provide technical support by checking for bugs or participating in testnets when needed. Business developers seek collaborations and partnerships that will benefit the project's expansion.Â
Social miners can earn rewards for sharing developments in the ecosystem on social media. REP points incentivise those who perform quality tasks.
Here is the joyful, sincere content produced by Avalanche HUB social miners in all their sincerity.
Check out how Avalanche HUB members show loyalty to their project on their X profiles.
Everyone is wearing their Avalanche hat.Â
You can find hundreds of such products on the Avalanche's official Twitter page.
Let's summarise how the collaboration between DAO Labs Social Mining and the Avalanche AVAX project created an "AVALANCHE":
The most important result achieved with establishing the Avalanche HUB is undoubtedly the adoption and awareness of the Avalanche project. By encouraging HUB members to create and share content about Avalanche's technology, use cases, and ecosystem developments, the HUB has increased the project's reach and visibility in the broader blockchain community. This increased awareness has attracted new users, developers, and investors to the Avalanche ecosystem, accelerating its growth and adoption.
The Avalanche HUB has created a fertile ground for innovation and collaboration within the Avalanche ecosystem. The social mining platform catalysed creative experimentation, idea sharing and collaborative problem-solving by bringing together a diverse community of developers, entrepreneurs and enthusiasts. This collaborative ethos has led to new DeFi protocols, decentralised applications, and ecosystem integrations, making the Avalanche ecosystem a giant and propelling it towards its vision of becoming a leading blockchain platform.
Conclusion:Â
Blockchain technology has brought the financial and technological world its latest revolution with the potential to provide a decentralised and trusted structure.
However, like any revolution, it has come with many issues that need to be completed and processed.
In addition to ensuring the continuous technological development of blockchain projects, we also need to make progress on the issue of mass adoption.
From this perspective, the real solution to the 2 major handicaps of blockchain projects and cryptocurrency - volatility and sustainability - lies in large, informed and loyal holder communities. Social Mining has always played and will continue to play a critical role in creating these communities.Â
As one of the first social miners of Avalanche HUB, I would like to express my deep gratitude to the founding leader of the Avalanche $AVAX project, esteemed professor Emin GĂŒn Sirer and the AVA Lab Core team, who designed this excellent network project of which I am proud to be a citizen. Avalanche HUB was our baby; in these four years, it has grown into a giant adult ecosystem HUB. And, of course, I would like to pay my respects to the 2 managers, dear Giuseppe and Yusuf Emre, who have worked with incredible dedication since the day Avalanche HUB opened.
N.ipek Celik DYOR
Interestingly, this concept finds a metaphorical echo in social mining studies, especially in blockchain ecosystems.
Social mining HUBs can most meaningfully generate the synergy needed for a blockchain project to promote itself, make people believe in it, and, more importantly, be sustainable.
We call this the "magic" of social mining. Once a project HUB is established, social miners can generate huge benefits from collective action in a project hub, just as snowballs can create an "avalanche" from the collective dynamics of the terrain. In the right conditions, the intimate and small-scale contribution and interaction of a Social Miner can turn into a giant community avalanche, and the project can shine as if giant spotlights were shining on it.
In 2018, the technology company Ava Labs in New York, USA, introduced a layer1 blockchain to the blockchain technology world as an alternative to classic consensus protocols.
They named their project "Avalanche", inspired by the three-stage consensus protocols (Snowflake, Snowball and Avalanche.)
The #AvalancheAVAX #AvalancheAVAXproject, which is now in the top 10 of the blockchain world, has benefited from the positive energy of the #AvalancheHub, #AvalancheHub, one of DAO Labs' most active social mining HUBs, since its testnet in 2020.
DAO Labs' Social Mining efforts represent a new approach to community management and the promotion of community work.
At #TheDAOLabs #TheDAOLabsSocial Miners come together in the Hubs of Projects. Community members, who form the core of the project community, are encouraged to produce content supporting the social mining platform's DAO, thus raising awareness of the project. These community activities empower social miners to actively participate in ecosystem growth and development and foster a sense of ownership and belonging in the hub.
HUB members are rewarded for their contributions with native tokens or other digital assets.
This symbiotic relationship between contributions and rewards underpins a thriving token economy where the value of tokens is derived from the collective efforts and contributions of the community.Â
DAO Labs, a social mining platform, recognises the valuable contributions of community members through a transparent and meritocratic mechanism. Reputation points generated by community loyalty and valuable content incentivize social miners to create higher-quality content. The benefit of all these incentives goes far beyond short-term awareness-raising and plays a critical role in the long-term sustainability of the project ecosystem.
Of course, a project's community hub is not only made up of content creators; participants come from all walks of the blockchain space, including developers, web designers, graphic designers, blockchain enthusiasts, traders, business developers, holders, and influencers.
Within this community, everyone contributes their talent or skill to the project's value, locked in a common goal.
Some produce content and spread it on social media to help the project gain broader exposure in the blockchain space and reach investors.
Some contribute to network security through delegation by staking the project token or running nodes.
Projects with active Social Mining HUBs almost guarantee sustainability during bear seasons or slow periods through community power.
The Avalanche Hub is one of the most advanced examples of Project HUBs that combine project communities with DAO Labs social miners.Â
Inspiring my article title, "Avalanche" is a high-performance layer1 blockchain project coded for the development of decentralised applications (dApps)
This unique consensus protocol ensures the network is fast, reliable and scalable. The Avalanche blockchain offers flexible usage possibilities with its subnets and has taken its rightful place in the blockchain technology field with its mainnet.
DAO Labs social miners discovered this high-performance blockchain project in early 2020 when it was still in the testnet phase. Today, they are the first community members of the Avalanche HUB, home to one of the most influential communities in the blockchain space.
If we look at the values produced by Avalanche HUB, which has been growing continuously for more than four years, as of April 2024, 28,000 registered HUB members have completed nearly 8,000 team tasks to date. Avalanche HUB continues to spread the Avalanche ecosystem with 2,200 daily active social miners on Telegram, Twitter and Reddit.
The numbers generated by Avalanche HUB on X are also very striking. 6734 Avalanche HUB member users with more than 1 million engagements generated more than 54.5 million impressions.
The breakdown of Avalanche Hub's community members by country, blockchain skills, and professional skills is also remarkable.
The infographic above outlines one of the most influential aspects of the Avalanche HUB. During the testing of the Avalanche network in 2020, social miners tested their technical knowledge and skills as validators.Â
Social Mining HUBs allow you to go beyond your existing skills. They are like multi-program schools.
The average social miner uses Canva and Photoshop, learns grammar and English spelling, and learns how to install and run many programs on their PC. They develop the PC skills required by blockchain technology.
If you search for what distinguishes the Avalanche project from other layer 1 projects, in addition to its technical superiority, you will definitely see the influential community among its features. This is realised through DAO Labs' social mining.Â
Avalanche Hub has a reward mechanism that incentivises effective user engagement. For example, community members with Project tokens can contribute to the network's security by staking and receiving rewards.Â
Developers or web designers provide technical support by checking for bugs or participating in testnets when needed. Business developers seek collaborations and partnerships that will benefit the project's expansion.Â
Social miners can earn rewards for sharing developments in the ecosystem on social media. REP points incentivise those who perform quality tasks.
Here is the joyful, sincere content produced by Avalanche HUB social miners in all their sincerity.
Check out how Avalanche HUB members show loyalty to their project on their X profiles.
Everyone is wearing their Avalanche hat.Â
You can find hundreds of such products on the Avalanche's official Twitter page.
Let's summarise how the collaboration between DAO Labs Social Mining and the Avalanche AVAX project created an "AVALANCHE":
The most important result achieved with establishing the Avalanche HUB is undoubtedly the adoption and awareness of the Avalanche project. By encouraging HUB members to create and share content about Avalanche's technology, use cases, and ecosystem developments, the HUB has increased the project's reach and visibility in the broader blockchain community. This increased awareness has attracted new users, developers, and investors to the Avalanche ecosystem, accelerating its growth and adoption.
The Avalanche HUB has created a fertile ground for innovation and collaboration within the Avalanche ecosystem. The social mining platform catalysed creative experimentation, idea sharing and collaborative problem-solving by bringing together a diverse community of developers, entrepreneurs and enthusiasts. This collaborative ethos has led to new DeFi protocols, decentralised applications, and ecosystem integrations, making the Avalanche ecosystem a giant and propelling it towards its vision of becoming a leading blockchain platform.
Conclusion:Â
Blockchain technology has brought the financial and technological world its latest revolution with the potential to provide a decentralised and trusted structure.
However, like any revolution, it has come with many issues that need to be completed and processed.
In addition to ensuring the continuous technological development of blockchain projects, we also need to make progress on the issue of mass adoption.
From this perspective, the real solution to the 2 major handicaps of blockchain projects and cryptocurrency - volatility and sustainability - lies in large, informed and loyal holder communities. Social Mining has always played and will continue to play a critical role in creating these communities.Â
As one of the first social miners of Avalanche HUB, I would like to express my deep gratitude to the founding leader of the Avalanche $AVAX project, esteemed professor Emin GĂŒn Sirer and the AVA Lab Core team, who designed this excellent network project of which I am proud to be a citizen. Avalanche HUB was our baby; in these four years, it has grown into a giant adult ecosystem HUB. And, of course, I would like to pay my respects to the 2 managers, dear Giuseppe and Yusuf Emre, who have worked with incredible dedication since the day Avalanche HUB opened.
N.ipek Celik DYOR
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