WorldBoss
@WorldBoss
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Have you guys used Coinbase ? I recently used it to buy Usdc to transfer to another wallet. Since my account is new they banned me from sending any funds for 30 days. I had previously used to transfer small amounts. So I sold the USDC and cashed out. Almost CAD 25 was lost because of all that unnecessary bs.
Review on $REI
9 Minute Review - REI Network
In three small sections, this article overviews $REI Network and aims to enlighten the reader on all basic aspects of this token, and other more complex bits as well.
This article is not AI-Generated nor has received any help from any sort of AI tool. Your time is valued, dear reader. Thus, real time and work have been put into each word contained in this piece, made word-by-word by a human, just like you.
Let's begin ☘️
📑Introduction and 📓 About REI Project
REI is the shortened form of "Rapid, Economical, Innovative" and these aspects refer to the main goals and purposes of the REI Network⁷. REI is an upgraded version of GXChain³.
This project is an Ecosystem, much like Solana, Ethereum, and more recently, SAGA Protocol¹,²,⁷. The REIcosystem consists of many already available tokens, some shown below².
Tokens in this Ecosystem include DeFi, NFT, and GameFi projects².
REI is thus a blockchain, with the characteristics of being Ethereum Virtual Machine (EVM) compatible, high speed, and low cost. EVM Compatible means Ethereum developers can migrate to REI network without facing many complications², which is something to be excited about for the developers.
REI is a Blockchain. As with any blockchain, it possesses intrinsic features and goals. These are summarized below.
Free: Free computing resources generated by staking.Cross-chaining: Built-in cross-chaining bridge for easy cross-chaining with homogeneous heterogeneous chains.Lightweight: Built on lightweight code from open source projects such as LibP2P, EVM, Express, GRPC, etc. for fast cross-platform installation and use.Efficient: Low power consumption and second block confirmation.Compatible: Compatible with EVM and Ethereum RPC, seamless migration of Ethereum applications.Dynamic: Built-in governance module with dynamically adjustable on-chain parameters.Soft fork: System contracts can be upgraded through governance.Chain building: Simple configuration to implement your own EVM-compatible blockchain with pluggable modules for different consensus mechanisms, governance modules, and built-in cross-chain functionality.
💹 Tokenomics
The Native Token of this Ecosystem is our well-known REI¹. With the information in this section, an educated guess as to the future price of REI can be developed.
📌Total supply i.e. Max Market Cap: 1 Billion REI Tokens⁴,⁵.
🔄Circulating Supply: 0.95 Billion REI Tokens⁴.⁵.
🪫All Time Minimum: US$ 0,01916 (About 3x less than current value)⁵.
🔋All Time Maximum: US$ 0,3546 (About 4.6x more than current value)⁵.
⏳Release Date (For circulation, on Coingecko)⁵: April 25th, 2022.
💰Rich List⁶
Since REI is its own ecosystem, REIScan has been used to fetch the richest wallets using the REI token as a parameter.
🥇The address with the most of REI's Circulating Cap has about 41% of all REI.
🥈The second richest REI address possesses 11.4% of all available REI.
🥉Finally, the third possesses about 7.5% of all REI.
This way, the richest addresses contain about 60% of all REI, which is a huge red flag. Token hoarders often will lead to low prices and low market liquidity. All these wallets are random wallet addresses.
💬Communication⁴
Available on CoinMarketCap, REI Network has Telegram, Discord, and X as hyperlinks. The last X post has been 2 days ago, considering this section was written on April 14th.
⚖️ Current Market and 🔮Expections
💥 Halving Approaches.
REI, like many other tokens, will have its value severely damaged by BTC crashing down. Thus, it's a general recommendation not to buy everything right now, but to buy a fraction of what you're determined to invest.
✅ This project is worth investing.
A Second Project: It's a serious project, rebranded from another project. Thus, the developers had time and experience to create REI avoiding the mistakes previously commited on GXChain.
Has an Use: Since this is an Ecosystem, home to many other tokens, that offers much to Token Developers. Besides, offers to investors staking, governance and System Contracts¹.
⚠️Has some Red Flags
Token Hoarding: Rich list comprises about 60% of all available REI, directly affecting token liquidity as these accounts will keep holding, not allowing the token to flow and draw attention.
Extensive Market Cap: Has an 1 Billion max cap, that even though is not the end-of-the-world, impairs the max value this token can reach.
Finally, may I remind you that Solana, four years ago, had its Native Token SOL worth $0.5 while most laughed at it. SOL is now worth more than $100.
Solana is better than Rei Network in many aspects, but Rei is still an ecosystem just like Solana, with a similar potential.
SOL's Market Cap is maxed at about 570 Million tokens⁸. This is about half of REI. In this way, well, at least the $1 barrier REI is going to breach, and once it does, it's already more than 10x value for those who invest here right now, as the price is currently around $0.07.
Personally, this project has the $100 potential, with the only huge hindrance being the hoarder problem. Still, it's worth to invest.
Thank you so much for your time!
~ Green ☘️
🏆 Review my Coin
Feel free to suggest coin reviews in this comment section. Most liked comments have priority on the next review.
🪙 Enjoyed this article?
This piece took some hours to put together. Articles like this don't get near the same visibility as quick-to-make posts. Bots who repost content often get most of the views and revenue from tipping in Binance Square.
Change that. Support original, REAL, hard-worked, and not reposted content on Binance Square with a small tip. If you've got a bit to spare, $1 is already a slap to the face of those bots and motivates me to continue bringing well-researched content. Make the difference, make Square a better place 🍀
If you don't have much to spare, consider a Like, Quote🔃 and Share.
🎯Tip Goal for this Article: $10
📝 References
1. REI Network (REI) - Binance Research
2. REI Official Website - "The REICosystem"
3. REI Documentation (available on docs.rei.network)
4. CoinMarketCap - "REI Network"
5. CoinGecko - "REI Network"
6. REIScan (available on scan.rei.network/accounts)
7. Medium.com - "REI Network"
8. CoinMarketCap - "SOL"
📝 Image Appendix
A. https://medium.com/gxchain-project/live-ama-with-lasmeta-uquid-dapp-listed-rei-network-on-its-dapp-center-6cc8095fde5e
B. https://www.rei.network/reiuse
C. https://www.coingecko.com/en/coins/rei-network
This article is not AI-Generated nor has received any help from any sort of AI tool. Your time is valued, dear reader. Thus, real time and work have been put into each word contained in this piece, made word-by-word by a human, just like you.
Let's begin ☘️
📑Introduction and 📓 About REI Project
REI is the shortened form of "Rapid, Economical, Innovative" and these aspects refer to the main goals and purposes of the REI Network⁷. REI is an upgraded version of GXChain³.
This project is an Ecosystem, much like Solana, Ethereum, and more recently, SAGA Protocol¹,²,⁷. The REIcosystem consists of many already available tokens, some shown below².
Tokens in this Ecosystem include DeFi, NFT, and GameFi projects².
REI is thus a blockchain, with the characteristics of being Ethereum Virtual Machine (EVM) compatible, high speed, and low cost. EVM Compatible means Ethereum developers can migrate to REI network without facing many complications², which is something to be excited about for the developers.
REI is a Blockchain. As with any blockchain, it possesses intrinsic features and goals. These are summarized below.
Free: Free computing resources generated by staking.Cross-chaining: Built-in cross-chaining bridge for easy cross-chaining with homogeneous heterogeneous chains.Lightweight: Built on lightweight code from open source projects such as LibP2P, EVM, Express, GRPC, etc. for fast cross-platform installation and use.Efficient: Low power consumption and second block confirmation.Compatible: Compatible with EVM and Ethereum RPC, seamless migration of Ethereum applications.Dynamic: Built-in governance module with dynamically adjustable on-chain parameters.Soft fork: System contracts can be upgraded through governance.Chain building: Simple configuration to implement your own EVM-compatible blockchain with pluggable modules for different consensus mechanisms, governance modules, and built-in cross-chain functionality.
💹 Tokenomics
The Native Token of this Ecosystem is our well-known REI¹. With the information in this section, an educated guess as to the future price of REI can be developed.
📌Total supply i.e. Max Market Cap: 1 Billion REI Tokens⁴,⁵.
🔄Circulating Supply: 0.95 Billion REI Tokens⁴.⁵.
🪫All Time Minimum: US$ 0,01916 (About 3x less than current value)⁵.
🔋All Time Maximum: US$ 0,3546 (About 4.6x more than current value)⁵.
⏳Release Date (For circulation, on Coingecko)⁵: April 25th, 2022.
💰Rich List⁶
Since REI is its own ecosystem, REIScan has been used to fetch the richest wallets using the REI token as a parameter.
🥇The address with the most of REI's Circulating Cap has about 41% of all REI.
🥈The second richest REI address possesses 11.4% of all available REI.
🥉Finally, the third possesses about 7.5% of all REI.
This way, the richest addresses contain about 60% of all REI, which is a huge red flag. Token hoarders often will lead to low prices and low market liquidity. All these wallets are random wallet addresses.
💬Communication⁴
Available on CoinMarketCap, REI Network has Telegram, Discord, and X as hyperlinks. The last X post has been 2 days ago, considering this section was written on April 14th.
⚖️ Current Market and 🔮Expections
💥 Halving Approaches.
REI, like many other tokens, will have its value severely damaged by BTC crashing down. Thus, it's a general recommendation not to buy everything right now, but to buy a fraction of what you're determined to invest.
✅ This project is worth investing.
A Second Project: It's a serious project, rebranded from another project. Thus, the developers had time and experience to create REI avoiding the mistakes previously commited on GXChain.
Has an Use: Since this is an Ecosystem, home to many other tokens, that offers much to Token Developers. Besides, offers to investors staking, governance and System Contracts¹.
⚠️Has some Red Flags
Token Hoarding: Rich list comprises about 60% of all available REI, directly affecting token liquidity as these accounts will keep holding, not allowing the token to flow and draw attention.
Extensive Market Cap: Has an 1 Billion max cap, that even though is not the end-of-the-world, impairs the max value this token can reach.
Finally, may I remind you that Solana, four years ago, had its Native Token SOL worth $0.5 while most laughed at it. SOL is now worth more than $100.
Solana is better than Rei Network in many aspects, but Rei is still an ecosystem just like Solana, with a similar potential.
SOL's Market Cap is maxed at about 570 Million tokens⁸. This is about half of REI. In this way, well, at least the $1 barrier REI is going to breach, and once it does, it's already more than 10x value for those who invest here right now, as the price is currently around $0.07.
Personally, this project has the $100 potential, with the only huge hindrance being the hoarder problem. Still, it's worth to invest.
Thank you so much for your time!
~ Green ☘️
🏆 Review my Coin
Feel free to suggest coin reviews in this comment section. Most liked comments have priority on the next review.
🪙 Enjoyed this article?
This piece took some hours to put together. Articles like this don't get near the same visibility as quick-to-make posts. Bots who repost content often get most of the views and revenue from tipping in Binance Square.
Change that. Support original, REAL, hard-worked, and not reposted content on Binance Square with a small tip. If you've got a bit to spare, $1 is already a slap to the face of those bots and motivates me to continue bringing well-researched content. Make the difference, make Square a better place 🍀
If you don't have much to spare, consider a Like, Quote🔃 and Share.
🎯Tip Goal for this Article: $10
📝 References
1. REI Network (REI) - Binance Research
2. REI Official Website - "The REICosystem"
3. REI Documentation (available on docs.rei.network)
4. CoinMarketCap - "REI Network"
5. CoinGecko - "REI Network"
6. REIScan (available on scan.rei.network/accounts)
7. Medium.com - "REI Network"
8. CoinMarketCap - "SOL"
📝 Image Appendix
A. https://medium.com/gxchain-project/live-ama-with-lasmeta-uquid-dapp-listed-rei-network-on-its-dapp-center-6cc8095fde5e
B. https://www.rei.network/reiuse
C. https://www.coingecko.com/en/coins/rei-network
God bless everyone out there.
One guy, few weeks ago, asked me on comment about how he could make 20$ a day. Many people made fun of him, as in these days 20$ is nothing.
But possibly the person who commented is from Africa or Asia where 20$ is too much for many people.
So I’m giving suggestions thinking you are from a country where income is low.
I could say you do this and make 20$ and can say it easily. But the reality is, although I made even 20 million a day, I never made 20$ a day. Making 20$ a day is harder than making Millions. Because when you are thinking to make millions a day, you have billions to invest or raise. When you are thinking to make 20$ per day, means you have 0$ in your pocket.
So, how you can start?
Let me share you 3 phase and you need to enter and complete each phase before entering the next one.
Phase 01:
Things to avoid:
1. Local job or business that’s pays in local currency.
2. Something that consumes more than 8 hours of your daily time.
Things I suggest:
1. Content writing
2. Photo editing
3. Data entry
4. Social Media Marketing
You need to make at least 1000$ with any of these jobs. You can get job in upwork or freelancer.
Phase 02:
Thing to avoid:
1. Keep working individually.
2. Stay dependent on freelancing market places.
Things I Suggest:
1. Open an agency.
2. Hire some people to work for you.
You need to make at least 120k net profit per year from the agency then go phase 3.
Phase 03:
Things to avoid :
1. Don’t go to VC.
2. Don’t stay with one business.
Things I Suggest:
1. Raise funds for your business from investors.
2. Use that money on marketing, hire more people and focus on getting more and more client locally and internationally.
Making first 1000$ is the hardest part then things will get easy, trust me. Along with it you can start airdrop hunting and give 2 hours per week on that for some extra money.
But possibly the person who commented is from Africa or Asia where 20$ is too much for many people.
So I’m giving suggestions thinking you are from a country where income is low.
I could say you do this and make 20$ and can say it easily. But the reality is, although I made even 20 million a day, I never made 20$ a day. Making 20$ a day is harder than making Millions. Because when you are thinking to make millions a day, you have billions to invest or raise. When you are thinking to make 20$ per day, means you have 0$ in your pocket.
So, how you can start?
Let me share you 3 phase and you need to enter and complete each phase before entering the next one.
Phase 01:
Things to avoid:
1. Local job or business that’s pays in local currency.
2. Something that consumes more than 8 hours of your daily time.
Things I suggest:
1. Content writing
2. Photo editing
3. Data entry
4. Social Media Marketing
You need to make at least 1000$ with any of these jobs. You can get job in upwork or freelancer.
Phase 02:
Thing to avoid:
1. Keep working individually.
2. Stay dependent on freelancing market places.
Things I Suggest:
1. Open an agency.
2. Hire some people to work for you.
You need to make at least 120k net profit per year from the agency then go phase 3.
Phase 03:
Things to avoid :
1. Don’t go to VC.
2. Don’t stay with one business.
Things I Suggest:
1. Raise funds for your business from investors.
2. Use that money on marketing, hire more people and focus on getting more and more client locally and internationally.
Making first 1000$ is the hardest part then things will get easy, trust me. Along with it you can start airdrop hunting and give 2 hours per week on that for some extra money.
👀😬
Is $STRK an Israeli coin? People are saying it’s an African Projects.
Obviously, if you check their terms and conditions, you will see, that user must agree with law and regulations on Israel in order to use their platform.
(The catch is even if you agree with the terms, still you won’t be able to use it as the platform infrastructure is not fully ready yet.)
Now, let’s talk about Africa. Basically, STRK has 95% of employees from Africa and they have office there. It’s because salary in Isreal is so high. So as other European or American projects, they choose low salary employees.
I personally talked with some of the employees. One backend developer, first insisted to talk about the salary, but later he said it’s about 120$ per month and he needs to work 10 hours and 6 days. I don’t know how he live with his family!
A blockchain developer getting 120$ salary per month, can you imagine!
The project owner showed extraordinary level of racism that they literally mentioned that people from Iran, Iraq, Syria, Yemen, Lebanon and other Muslim majority countries are not allowed to use the platform. It’s literally written on terms. This is clearly against the concept of crypto currency. More like a bank regulated by a country that is even worse than USA, UK and EU.
If this was not enough, after I post against the crypto ( obviously not for being anti-Arab) and warned that this coin is just a fund raiser and won’t go up, their people called me racist. They called me anti-Jews. (Fun fact owners were atheists, they just became jew just before launching the project.)
Later I saw a post, where they told Arab Muslims are boycotting the project to keep the project down. [screenshot on pinned comment]
Dudes, you literally sanctioned 70% of Arabs from using your platform and now why would they even think of buying your coin when they won’t be able to make any use of it?
This is the dumbest project I ever seen. The only thing they can do is, to hire influencers and burn money there.
Obviously, if you check their terms and conditions, you will see, that user must agree with law and regulations on Israel in order to use their platform.
(The catch is even if you agree with the terms, still you won’t be able to use it as the platform infrastructure is not fully ready yet.)
Now, let’s talk about Africa. Basically, STRK has 95% of employees from Africa and they have office there. It’s because salary in Isreal is so high. So as other European or American projects, they choose low salary employees.
I personally talked with some of the employees. One backend developer, first insisted to talk about the salary, but later he said it’s about 120$ per month and he needs to work 10 hours and 6 days. I don’t know how he live with his family!
A blockchain developer getting 120$ salary per month, can you imagine!
The project owner showed extraordinary level of racism that they literally mentioned that people from Iran, Iraq, Syria, Yemen, Lebanon and other Muslim majority countries are not allowed to use the platform. It’s literally written on terms. This is clearly against the concept of crypto currency. More like a bank regulated by a country that is even worse than USA, UK and EU.
If this was not enough, after I post against the crypto ( obviously not for being anti-Arab) and warned that this coin is just a fund raiser and won’t go up, their people called me racist. They called me anti-Jews. (Fun fact owners were atheists, they just became jew just before launching the project.)
Later I saw a post, where they told Arab Muslims are boycotting the project to keep the project down. [screenshot on pinned comment]
Dudes, you literally sanctioned 70% of Arabs from using your platform and now why would they even think of buying your coin when they won’t be able to make any use of it?
This is the dumbest project I ever seen. The only thing they can do is, to hire influencers and burn money there.
$SAGA
There are a couple of reasons why $SAGA is a great project.
Unlike many other coins, SAGA is the main Token of a crypto Ecosystem, just like SOL and ETH are the main tokens of Solana and Ethereum.
Thus, since SAGA is an entire web3 chain, the SAGA token has easily the potential to soar up to $30, and futurely, $200.
The max supply is 1 Billion, while the current supply on circulation should be around 100 Million.
Approach SAGA like you would approach SOL.
~ Green ☘️
Unlike many other coins, SAGA is the main Token of a crypto Ecosystem, just like SOL and ETH are the main tokens of Solana and Ethereum.
Thus, since SAGA is an entire web3 chain, the SAGA token has easily the potential to soar up to $30, and futurely, $200.
The max supply is 1 Billion, while the current supply on circulation should be around 100 Million.
Approach SAGA like you would approach SOL.
~ Green ☘️