Myriad(XMY)

BlockDAG Beats TON Price Stability & LTC Volatility, Aims for $30 Pricing by 2030 Having strategic foresight is crucial in cryptocurrency investment. Among the myriad of emerging projects, BlockDAG shines as a symbol of stability and potential profitability. Unlike the volatility synonymous with LTC or the uncertainties surrounding TONNE, BlockDAG […]

The price of Bitcoin (BTC) bounced back after tumbling below $36,000 on Friday after news dropped that the U.S. Securities and Exchange Commission has started engaging with cryptocurrency exchanges regarding myriad spot BTC exchange-traded fund applications.

Amid myriad legal accusations surrounding its AI services, Google stands its ground, vowing to protect its users.

Cryptocurrency has revolutionized the financial landscape, offering new opportunities for investment and economic growth. Among the myriad options available, cloud mining stands out as an accessible and hassle-free way for both beginners and seasoned investors to dip their toes into the world of cryptocurrencies. Enter TopHash, a premier hashpower marketplace that brings the world of […]

The dynamic meme coin market is undoubtedly one full of excitement and mystery. There are hundreds, if not thousands, of projects out there, each one of which promises a myriad of opportunities. A standout for their commitment to promises and transparency of project development, there is no ‘lacking’ with Golden Inu, unlike many other rival […]

In the ever-evolving realm of cryptocurrencies, identifying the best crypto investment opportunities can be a challenging endeavor. With a myriad of options available, investors often find themselves pondering which crypto to buy today for long-term gains. Fortunately, we’ve sifted through the digital assets landscape to bring you three high-growth tokens. Borroe ($ROE): Redefining Web3 Investment […]

With a vision to unite all of the ChainGPT products into one intuitive, user-friendly interface, and enable an engaging AI-powered experience for all Web3 participants, ChainGPT will be releasing the highly-anticipated V1 web application to the public. Starting on August 10, at 12:00 pm UTC, every participant of the crypto, blockchain, and Web3 space will have access to the most sophisticated AI with on-chain and off-chain capabilities to date. What is the ChainGPT V1? Acting as an AI powered operating system of fundamental tools for traders, investors, researchers, developers, and everyone in between, the ChainGPT V1 is a dashboard that encompasses the full suite of ChainGPT products including the NFT Generator, smart contract auditor, and chat assistant, with its ecosystem components including the ChainGPT DAO, the staking modules, and API access that will facilitate a new generation of informational management and discovery for all in the crypto and blockchain space. The ultimate hub for Crypto AI Tools. What are some of the V1 Features? Loaded with all of the individual products ChainGPT has released over the last few months, the V1 web app has a rich set of functionality that builds on previous versions of ChainGPT. AI Chatbot Already deployed throughout a multitude of Web3 communities via Telegram and Discord, the ChainGPT AI Chatbot has already become a staple as an interactive, dynamic database for engaging and entertaining users. With the release of the V1 the Chatbot is receiving an upgrade with new capabilities & bug fixes that supersede its predecessor beta version. Its capabilities now extend across a much broader range of sources for gathering live Web3 news and insights. It will be able to conduct much deeper, more granular market analysis through the application of technical indicators (such as the RSI and EMA) to aid traders and investors in their research. It has been tuned to track all major launchpad and IDO platforms, providing a more holistic view of the startup landscape. Initially having a surface level set of assets that were limited in scope, the upgraded chatbot has been plugged in to service over 5,000 coins/tokens (and will be constantly expanding). As it pertains to the bug fixes, all minor and major points of friction for the users have been mended. Response times have been compressed, accuracy has been calibrated for higher contextual fidelity, and error potential has been minimized. Master Dashboard User experience with slow, clunky and disorganized applications has kept many away from participating in the world of Web3; ChainGPT decided to approach this problem head on and was able to construct what might be the most complete AI interface in the industry. Integrating every $CGPT application, while being able to neatly package the visual elements without disrupting its aesthetics, the V1 dashboard is transforming user accounts into AI-powered Web3 operating systems. Automated AI Newsfeed Staying up-to-date in the fast paced crypto, blockchain, and Web3 space has been notoriously challenging, until now. The first (and only) of its kind, ChainGPT’s automated AI newsfeed has been developed from the ground up to deliver the most complete informational experience. Scanning the entire internet, the ChainGPT AI newsfeed aggregates all the leading trusted outlets and social sources, digests the information, and produces succinct summarizations in an comprehensive manner. Prompt Marketplace An AI is only as useful as the prompt that it is given. Quickly becoming one of the most sought after skills in the greater tech industry, prompting is a form of vernacular art; in fact prompts have become a digital asset class of its own. Catering to the evolving demands of AI communities, the V1 dashboard is equipped with its own prompt marketplace, becoming a focal point for the exchange of generative AI ideas. Users will be able to buy, bell, & trade prompts with the expansive $CGPT community; effectively adding a vector for users to monetize their skills. AI NFT Generator ChainGPT released the first ever AI NFT Generator on June 1st, with already over 4,500,000 NFTs generated! In the evolving landscape of digital art, ChainGPT's AI NFT Generator stands out as an avant-garde tool, seamlessly melding technology with artistic expression. With just a simple text prompt, this groundbreaking generator harnesses the power of advanced AI to bring to life high-quality NFT collections, ranging from distinctive single pieces to vast galleries of up to 10,000 NFTs, all within an astonishing 30 to 60 seconds. Offering unparalleled versatility, it supports a myriad of platforms including BNB Chain, opBNB Chain, Polygon, Avalanche, and Ethereum. While individual NFT creation and minting are graciously offered for free, those aiming to craft expansive 10,000 NFT collections can easily do so under the umbrella of ChainGPT's Freemium or Paid plans. The ChainGPT AI NFT Generator is not just a tool—it's a revolution, redefining the boundaries of what's possible in the world of NFT creation. AI Powered Solidity Smart-Contracts Auditor & Generator Navigating the intricate realm of Solidity smart-contracts just became remarkably intuitive with ChainGPT's cutting-edge AI models and tools. Whether you're looking to birth a new contract or rigorously assess an existing one, ChainGPT simplifies the process. Users can effortlessly generate tailor-made smart-contracts by merely articulating their requirements, eliminating the technical jargon and complexities traditionally associated with such tasks. Similarly, auditing a contract is now as straightforward as presenting its code to ChainGPT's AI. This innovation heralds a new era, making the creation and assessment of Solidity smart-contracts more accessible and efficient than ever before. Membership and Access The V1 release will be engaging a three tier membership system based on what applications and the degree of access that users desire to have. Free Plan The basic configuration of functions granted to every account on the V1. Restricted from the more advanced applications, the free plan provides limited access to five of the core applications including the General AI model (chatbot), the news feed, the Ask Crypto People app, Single NFT Generation, and participation in the prompt marketplace. PPP Plan The pay-per-prompt plan offers unlimited, flexible access to the entire application suite. Smart Contact auditing and generations, multi-NFT (collection) generation, the trading assistant, as well as everything in the free plan. Freemium Plan The Freemium plan requires that users accumulate 20,000 CGPTsp by staking $CGPT tokens. This plan provides 20,000 monthly CGPT credits for use as needed throughout any and every single application. In addition to the full product suite, users at the Freemium level will also be granted DAO proposal rights, allowing them to submit ideas for the ChainGPT DAO to vote on. In order to unlock the full spectrum of functionality, a user will be able to swiftly create their accounts by linking their Web3 wallets (Metamask, Trust Wallet, Rainbow wallet, etc..) About ChainGPT ChainGPT is the leading provider of AI-powered Infrastructure for the crypto, blockchain, and Web3 industry. From automated smart contract generation and auditing, to autonomous community management, advanced Web3 AI chatbot, AI-powered news aggregation, and NFT generation, ChainGPT is the most sophisticated, end-to-end AI solution on the market. ChainGPT Links:Website | AI App | ChainGPT Pad | WhitepaperDAO | NFT Generator | Staking v2 | Staking v1 | Blog Community and Social Media: Twitter | Telegram | Discord | Instagram | LinkedIn | Youtube | TikTok BD Contact Person(s): Jake Wallace / Cameron French / Ilan RakhmanovContact Email(s): [email protected] / [email protected] / [email protected] —> To learn more about ChainGPT visit the official ChainGPT.org website —> For all other inquiries, please contact [email protected] Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.

With a vision to unite all of the ChainGPT products into one intuitive, user-friendly interface, and enable an engaging AI-powered experience for all Web3 participants, ChainGPT will be releasing the highly-anticipated V1 web application to the public. Starting on August 10, at 12:00 pm UTC, every participant of the crypto, blockchain, and Web3 space will have access to the most sophisticated AI with on-chain and off-chain capabilities to date. What is the ChainGPT V1? Acting as an AI powered operating system of fundamental tools for traders, investors, researchers, developers, and everyone in between, the ChainGPT V1 is a dashboard that encompasses the full suite of ChainGPT products including the NFT Generator, smart contract auditor, and chat assistant, with its ecosystem components including the ChainGPT DAO, the staking modules, and API access that will facilitate a new generation of informational management and discovery for all in the crypto and blockchain space. The ultimate hub for Crypto AI Tools. What are some of the V1 Features? Loaded with all of the individual products ChainGPT has released over the last few months, the V1 web app has a rich set of functionality that builds on previous versions of ChainGPT. AI Chatbot Already deployed throughout a multitude of Web3 communities via Telegram and Discord, the ChainGPT AI Chatbot has already become a staple as an interactive, dynamic database for engaging and entertaining users. With the release of the V1 the Chatbot is receiving an upgrade with new capabilities & bug fixes that supersede its predecessor beta version. Its capabilities now extend across a much broader range of sources for gathering live Web3 news and insights. It will be able to conduct much deeper, more granular market analysis through the application of technical indicators (such as the RSI and EMA) to aid traders and investors in their research. It has been tuned to track all major launchpad and IDO platforms, providing a more holistic view of the startup landscape. Initially having a surface level set of assets that were limited in scope, the upgraded chatbot has been plugged in to service over 5,000 coins/tokens (and will be constantly expanding). As it pertains to the bug fixes, all minor and major points of friction for the users have been mended. Response times have been compressed, accuracy has been calibrated for higher contextual fidelity, and error potential has been minimized. Master Dashboard User experience with slow, clunky and disorganized applications has kept many away from participating in the world of Web3; ChainGPT decided to approach this problem head on and was able to construct what might be the most complete AI interface in the industry. Integrating every $CGPT application, while being able to neatly package the visual elements without disrupting its aesthetics, the V1 dashboard is transforming user accounts into AI-powered Web3 operating systems. Automated AI Newsfeed Staying up-to-date in the fast paced crypto, blockchain, and Web3 space has been notoriously challenging, until now. The first (and only) of its kind, ChainGPT’s automated AI newsfeed has been developed from the ground up to deliver the most complete informational experience. Scanning the entire internet, the ChainGPT AI newsfeed aggregates all the leading trusted outlets and social sources, digests the information, and produces succinct summarizations in an comprehensive manner. Prompt Marketplace An AI is only as useful as the prompt that it is given. Quickly becoming one of the most sought after skills in the greater tech industry, prompting is a form of vernacular art; in fact prompts have become a digital asset class of its own. Catering to the evolving demands of AI communities, the V1 dashboard is equipped with its own prompt marketplace, becoming a focal point for the exchange of generative AI ideas. Users will be able to buy, bell, & trade prompts with the expansive $CGPT community; effectively adding a vector for users to monetize their skills. AI NFT Generator ChainGPT released the first ever AI NFT Generator on June 1st, with already over 4,500,000 NFTs generated! In the evolving landscape of digital art, ChainGPT's AI NFT Generator stands out as an avant-garde tool, seamlessly melding technology with artistic expression. With just a simple text prompt, this groundbreaking generator harnesses the power of advanced AI to bring to life high-quality NFT collections, ranging from distinctive single pieces to vast galleries of up to 10,000 NFTs, all within an astonishing 30 to 60 seconds. Offering unparalleled versatility, it supports a myriad of platforms including BNB Chain, opBNB Chain, Polygon, Avalanche, and Ethereum. While individual NFT creation and minting are graciously offered for free, those aiming to craft expansive 10,000 NFT collections can easily do so under the umbrella of ChainGPT's Freemium or Paid plans. The ChainGPT AI NFT Generator is not just a tool—it's a revolution, redefining the boundaries of what's possible in the world of NFT creation. AI Powered Solidity Smart-Contracts Auditor & Generator Navigating the intricate realm of Solidity smart-contracts just became remarkably intuitive with ChainGPT's cutting-edge AI models and tools. Whether you're looking to birth a new contract or rigorously assess an existing one, ChainGPT simplifies the process. Users can effortlessly generate tailor-made smart-contracts by merely articulating their requirements, eliminating the technical jargon and complexities traditionally associated with such tasks. Similarly, auditing a contract is now as straightforward as presenting its code to ChainGPT's AI. This innovation heralds a new era, making the creation and assessment of Solidity smart-contracts more accessible and efficient than ever before. Membership and Access The V1 release will be engaging a three tier membership system based on what applications and the degree of access that users desire to have. Free Plan The basic configuration of functions granted to every account on the V1. Restricted from the more advanced applications, the free plan provides limited access to five of the core applications including the General AI model (chatbot), the news feed, the Ask Crypto People app, Single NFT Generation, and participation in the prompt marketplace. PPP Plan The pay-per-prompt plan offers unlimited, flexible access to the entire application suite. Smart Contact auditing and generations, multi-NFT (collection) generation, the trading assistant, as well as everything in the free plan. Freemium Plan The Freemium plan requires that users accumulate 20,000 CGPTsp by staking $CGPT tokens. This plan provides 20,000 monthly CGPT credits for use as needed throughout any and every single application. In addition to the full product suite, users at the Freemium level will also be granted DAO proposal rights, allowing them to submit ideas for the ChainGPT DAO to vote on. In order to unlock the full spectrum of functionality, a user will be able to swiftly create their accounts by linking their Web3 wallets (Metamask, Trust Wallet, Rainbow wallet, etc..) About ChainGPT ChainGPT is the leading provider of AI-powered Infrastructure for the crypto, blockchain, and Web3 industry. From automated smart contract generation and auditing, to autonomous community management, advanced Web3 AI chatbot, AI-powered news aggregation, and NFT generation, ChainGPT is the most sophisticated, end-to-end AI solution on the market. ChainGPT Links:Website | AI App | ChainGPT Pad | WhitepaperDAO | NFT Generator | Staking v2 | Staking v1 | Blog Community and Social Media: Twitter | Telegram | Discord | Instagram | LinkedIn | Youtube | TikTok BD Contact Person(s): Jake Wallace / Cameron French / Ilan RakhmanovContact Email(s): [email protected] / [email protected] / [email protected] —> To learn more about ChainGPT visit the official ChainGPT.org website —> For all other inquiries, please contact [email protected] Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.

As the cryptocurrency market continues to capture the attention of investors worldwide, OFX Exchange presents an unparalleled opportunity for traders to maximize their earnings and build lasting wealth. With the launch of their exclusive VIP quantifying plans, OFX Exchange offers a personalized and efficient trading experience, tailored to suit varying levels of expertise and investment capacities.Official Website Registration link Twitter Facebook WhatsApp Helpline Telegram Helpline Telegram Channel Live Chat License White Paper Company Introduction OFX Exchange is a leading cryptocurrency trading platform that harnesses the latest AI research and advanced algorithms to empower traders with precise strategies for maximizing profits. With a strong focus on community building and personalized VIP quantifying plans, OFX Exchange offers a dynamic and rewarding trading experience. Diving into the world of cryptocurrencies has never been easier with OFX Exchange's VIP quantifying plans. Starting with a minimal deposit of just 1 USDT, traders gain access to a diverse array of USDT-based cryptocurrencies and crypto assets, unlocking the potential for substantial returns in the ever-evolving digital landscape. At the heart of OFX Exchange's groundbreaking platform lies its sophisticated quantitative trading system, driven by the power of cutting-edge AI research. This revolutionary system harnesses an array of advanced algorithms to thoroughly analyze valuation, funding, and trading opportunities, enabling traders to execute precise action strategies. With the decision-making process streamlined and automated, traders can navigate the cryptocurrency market confidently, as the system consistently identifies lucrative opportunities for them to explore. OFX Exchange's quantification system emphasizes a tried-and-tested principle: buying low and selling high. By adhering to this strategy, traders can potentially maximize their profits in the cryptocurrency market. Depending on their VIP level, traders can enjoy quantifying income percentages ranging from an impressive 1.0% to a remarkable 7.0%. Each VIP level also offers a range of minimum and maximum quantified amounts, providing traders with the flexibility to customize their investments based on individual preferences and risk tolerance. Climbing the VIP ladder has its rewards. As traders ascend, the number of quantify times per day increases, opening up a myriad of opportunities to capitalize on favorable trading conditions. This unique feature grants higher VIP level traders a competitive edge, ensuring they can fully unleash the potential of their earnings. Understanding the significance of building a strong and supportive community, OFX Exchange encourages traders to extend invitations to friends and like-minded individuals. By sharing invitation codes or referral links, traders not only expand their networks but also earn commission income as their team members finalize their quantifying income. OFX Exchange's three-tier referral system offers varying commission rates, creating a win-win scenario where traders can earn passive income while empowering others to succeed. The rewards don't stop there. Commission income from successful referrals is promptly deposited into traders' accounts, ready to be withdrawn. This thoughtful feature not only fosters a sense of community within the platform but also provides tangible benefits to fuel traders' financial aspirations. In conclusion, OFX Exchange stands as a beacon of opportunity for traders seeking a comprehensive and efficient trading ecosystem. Armed with the immense power of quantitative AI research, traders can make informed decisions, maximize profitability, and build a legacy of long-term wealth in the cryptocurrency market. With its attractive incentives, finely-tuned VIP quantifying plans, and team-building opportunities, OFX Exchange is poised to become every trader's steadfast companion on their exciting journey towards realizing their financial dreams. Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.

The cryptocurrency industry possesses a myriad of unique coins, each with potential. It is common to witness two coins battle on the charts to become the best crypto investment in the digital market. The competitive nature of cryptos is a perk of this industry that keeps investors interested and encourages them to diversify their portfolios […]

An expert on crypto has recently postulated that criminals are leaving Bitcoin in order to use stablecoins, which are considered to be an easier go-to for illegal financial activities. From Bitcoin to Stablecoins It has often been suggested, especially in the mainstream media, that Bitcoin was one of the main currencies in which to transact illicit activities. However, recent insights suggest a shift in this trend. Originally reported by CoinTelegraph, Tara Annison, the former head of technical crypto advisory at Elliptic, stated that the criminal underbelly of the crypto world is now leaning more towards stablecoins, particularly USD Coin (USDC), over Bitcoin. Annison, during her presentation at EthCC in Paris, delved into the changing dynamics of crypto-related crimes. She pointed out that Bitcoin's decreasing popularity among criminals can be attributed to the rise of decentralised finance protocols, mixing services, and most notably, stablecoins. These digital assets, especially those pegged to the dollar, offer new, more discreet avenues for illicit transactions. Why the shift to stablecoins? Annison explains that assets like USDC offer easy access and can be effortlessly laundered through decentralised exchanges (DEXs). She remarked that in her view the deep liquidity and substantial volume on these platforms make them ideal for such activities. However, it's not all gloomy. Annison highlighted a potential advantage for law enforcement agencies. Centralised issuers, such as Circle, have the capability to freeze specific USDC tokens. This means that before these criminals can convert their assets into fiat currencies through DEXs or centralised platforms, their funds can be halted. Annison commented that in her opinion we are witnessing a rise in blacklisted USDC and USDT accounts, effectively freezing assets that criminals can't access. $7.8 billion in scams Annison went on to say that stablecoins aren't the only concern. Ponzi and pyramid schemes continue to plague the crypto sector. A staggering $7.8 billion has been syphoned off from unsuspecting victims through these scams. Moreover, criminals are constantly innovating, employing techniques like chain swapping and asset swapping to obscure their tracks, using a myriad of tools, from DEXs to mixers, in order to muddy the trail for blockchain analytics firms. In the light of crypto scams decreasing by 46% compared to previous years, Annison believes the current bear market in crypto is a significant factor, suggesting that with reduced hype and lower prices, the sector becomes less lucrative for criminals. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

A myriad of investment opportunities awaits investors, as the crypto industry continues to expand across different verticals. Among the notable altcoins garnering substantial attention and demonstrating considerable growth potential are Litecoin (LTC) and InQubeta (QUBE). These coins possess distinctive attributes that have captivated the interest of crypto enthusiasts and investors alike. In this article, we […]

Mining is at the forefront of the security and overall concept of many digital currencies, including Bitcoin and many others. However, setting up a mining operation is difficult. The upfront cost to make it economically viable is considerable, but it also requires a lot of technical knowledge, ongoing fine-tuning, and a myriad of other activities […]

The founder of Digital Bitcoin Art and Assets (DIBA) believes smart contracts on Bitcoin could solve the myriad problems created by Ordinals.

Non-fungible tokens have taken the world by storm. A foreign concept to the majority merely a few years ago, today it seems like everybody knows about the Bored Ape Yacht Club or about the myriad of other popular collections. And yet, for those in the know, it remains crystal clear that the market for non-fungible […]

I am mining bitcoin and getting a bunch of it every day, so now what? That is the question some of the people probably asked themselves when they got acquainted with bitcoin in its infancy. We know exactly what happened with the finances of those who stuck with it a few years down the line. However, we tend to focus too much on that side of the cryptocurrency revolution while we gloss over a more fundamental change in the way economic ecosystems will emerge in the 21st century. It took years for the earliest bitcoin adopters to be able to spend their coins on a variety of products and services. Once bitcoin gained wider acceptance, the amount of goods and services that were available to bitcoin users, including those specially designed or engineered for bitcoin users, expanded tremendously. The same can happen now with niche coins such as eSports’ ERT. The Kind of Tokens You Hold, Represent the Kind of Consumer You Are! Although bitcoin is still the most dominant coin, a plethora of niche coins have emerged in the market, creating sub-economies within the cryptocurrency ecosystem. eSports’ ERT is a great example of how it is possible to develop such a niche coin that can become the pillar of an emerging industry. The advantage now is that after the advent of the bitcoin economy, it will take ERT a fraction of the time to develop an economy around it. This is due to the fact that it was designed with a specific set of goals in mind, and it plays a specific role within cryptocurrency markets. In a sense, any ERT holder, will automatically be identified with the gaming industry, pushing the notion that the tokens you hold say a lot about what kind of consumer you are. This will trigger the next stage of evolution within the cryptocurrency sphere. The Relevance of Consumer Identity and Cryptocurrency This evolution in consumer identity will generate economic efficiencies. Lower transaction times and costs were the kind of efficiencies that bitcoin brought to the market. With niche coins and custom tokens that can become one of the pillars of an industry such as eSports, it will be possible to achieve interesting economies of scale and an unprecedented level of integration between different actors within the industry. This will create a whole new set of efficiencies. If a token such as the ERT allows specific customers that are identified with the gaming industry, to get better deals and bespoke products and services, then the economy will enter a whole new era by going deeper down the cryptocurrency rabbit hole. Imagine the following: Gamers start buying gaming related products with ERT tokens, such as gaming PCs, or perhaps special mice and keyboards. The producer of these goods will have an incentive to market and retail within the eSports platform, which will allow them to spend less on marketing and distribution efforts through other platforms. Buyers will become a consumer cluster, which will allow companies to sell at lower prices while keeping their margins higher. This will jump start a small economy centered around the gaming industry, with the ERT and eSports playing a central role. Precise Economies and eSports This is not at all different from the economy that bitcoin created. New service providers, and innovative companies producing highly specialized goods and services for the bitcoin economy sprung eventually. Service providers such as cryptocurrency exchanges, wallets, hardware wallets and even artists, owe their livelihood to the bitcoin economy. The ERT token and eSports can do the same for gamers and for the gaming industry, while it gives consumers advantages that they wouldn’t have had otherwise. Once gamers acquire ERT tokens and the gaming economy starts developing around this new niche coin, just as other economies develop around other niche coins, the cryptocurrency ecosystem will advance further into the realm of precise economies. Within these, a myriad of new services will develop, mounted on platforms such as eSports. The shift will be evident in consumer behavior, because cryptocurrency users will no longer ask themselves what they can do with this new coin. They will start asking which coin will be the best to have to acquire the products and services they are looking for. You love crypto & eSports? We want to get to know you. Please join us here: https://facebook.com/esportsdotcom/ Telegram: t.me/esportsERT

I am mining bitcoin and getting a bunch of it every day, so now what? That is the question some of the people probably asked themselves when they got acquainted with bitcoin in its infancy. We know exactly what happened with the finances of those who stuck with it a few years down the line. However, we tend to focus too much on that side of the cryptocurrency revolution while we gloss over a more fundamental change in the way economic ecosystems will emerge in the 21st century. It took years for the earliest bitcoin adopters to be able to spend their coins on a variety of products and services. Once bitcoin gained wider acceptance, the amount of goods and services that were available to bitcoin users, including those specially designed or engineered for bitcoin users, expanded tremendously. The same can happen now with niche coins such as eSports’ ERT. The Kind of Tokens You Hold, Represent the Kind of Consumer You Are! Although bitcoin is still the most dominant coin, a plethora of niche coins have emerged in the market, creating sub-economies within the cryptocurrency ecosystem. eSports’ ERT is a great example of how it is possible to develop such a niche coin that can become the pillar of an emerging industry. The advantage now is that after the advent of the bitcoin economy, it will take ERT a fraction of the time to develop an economy around it. This is due to the fact that it was designed with a specific set of goals in mind, and it plays a specific role within cryptocurrency markets. In a sense, any ERT holder, will automatically be identified with the gaming industry, pushing the notion that the tokens you hold say a lot about what kind of consumer you are. This will trigger the next stage of evolution within the cryptocurrency sphere. The Relevance of Consumer Identity and Cryptocurrency This evolution in consumer identity will generate economic efficiencies. Lower transaction times and costs were the kind of efficiencies that bitcoin brought to the market. With niche coins and custom tokens that can become one of the pillars of an industry such as eSports, it will be possible to achieve interesting economies of scale and an unprecedented level of integration between different actors within the industry. This will create a whole new set of efficiencies. If a token such as the ERT allows specific customers that are identified with the gaming industry, to get better deals and bespoke products and services, then the economy will enter a whole new era by going deeper down the cryptocurrency rabbit hole. Imagine the following: Gamers start buying gaming related products with ERT tokens, such as gaming PCs, or perhaps special mice and keyboards. The producer of these goods will have an incentive to market and retail within the eSports platform, which will allow them to spend less on marketing and distribution efforts through other platforms. Buyers will become a consumer cluster, which will allow companies to sell at lower prices while keeping their margins higher. This will jump start a small economy centered around the gaming industry, with the ERT and eSports playing a central role. Precise Economies and eSports This is not at all different from the economy that bitcoin created. New service providers, and innovative companies producing highly specialized goods and services for the bitcoin economy sprung eventually. Service providers such as cryptocurrency exchanges, wallets, hardware wallets and even artists, owe their livelihood to the bitcoin economy. The ERT token and eSports can do the same for gamers and for the gaming industry, while it gives consumers advantages that they wouldn’t have had otherwise. Once gamers acquire ERT tokens and the gaming economy starts developing around this new niche coin, just as other economies develop around other niche coins, the cryptocurrency ecosystem will advance further into the realm of precise economies. Within these, a myriad of new services will develop, mounted on platforms such as eSports. The shift will be evident in consumer behavior, because cryptocurrency users will no longer ask themselves what they can do with this new coin. They will start asking which coin will be the best to have to acquire the products and services they are looking for. You love crypto & eSports? We want to get to know you. Please join us here: https://facebook.com/esportsdotcom/ Telegram: t.me/esportsERT

Understanding the marketplace, basic economic principles and the role of each player within those complex ecosystems, can take decades. When a child is born, they are slowly immersed into a world in which economic dynamics rule. Some of these children learn faster than others; there are also those who gain a deeper understanding of these dynamics than most, but the time every individual must put into the endeavor is quite extensive. Nowadays, children are being born into a world that has shifted economically towards new frontiers. Blockchain technology, cryptocurrency and eSports are 3 of the pillars of this new frontier. The Millennial at the New Frontier Unlike new-borns who will learn these dynamics as they grow, Millennials had to adapt their knowledge to the changing reality. Some are succeeding in understanding the shift and subsequently in taking advantage of it. Others have been adapting at a slower pace, and some haven’t adjusted yet. Nevertheless, it seems that this generation might be better suited to learn about blockchain technology and the emerging industry of eSports as a cohort than previous generations. Millennials have challenged the workforce and the economy altogether, often clashing with their seniors, precisely because adapting to the new frontier has changed the way they think. In the process they have grown into the opportunities that new technology affords them. Therefore, it is not at all strange for a Millennial to understand that someone can play games for a living, or trade the value on one distributed ledger for the value on another to make a profit. eSports and Blockchain: The New Frontier This degree of adaptability as a cohort and the new set of paradigms that Millennials are creating, will also help to streamline the economy into a more open, dynamic ecosystem. Therefore, eSports and blockchain technology are not just the new frontier; they can easily become the cornerstones of the Millennial economy. This could create a myriad of new marketplaces for future generations to learn about as they make their own mark on the world and shift the economy further, into the next sphere. The Future is Bright! As more and more Millennials adapt to these new realities, they will also find innovative ways to integrate different technologies and industries. That will create more change to adapt to, which might be harder for previous generations to digest as a cohort, while opening even more possible iterations of future economic scenarios for which the children today will already be adapted. This doesn’t mean that the world belongs to the Millennials alone. In spite of the bigger challenge they face as a cohort, Baby Boomers and Gen Xers will keep on providing brilliant individuals with more experience, who cannot only adapt to the new realities, but can also help Millennials steward the ship. The key to success for Millennials then is to become innovators but also efficient communicators of this new economic reality that we are witnessing. Through eSports, cryptocurrency, blockchain technology and the integration of these industries, Millennials will have to play a leadership role to achieve 3 goals: the creation of a better world, with more opportunities for future generations; the integration of previous generational cohorts or members of these generations who are finding it hard to adapt; and the establishment of a new paradigm that we shall call the Millennial Economy. You love crypto & eSports? We want to get to know you. Please join us here: https://facebook.com/esportsdotcom/ Telegram: t.me/esportsERT

Understanding the marketplace, basic economic principles and the role of each player within those complex ecosystems, can take decades. When a child is born, they are slowly immersed into a world in which economic dynamics rule. Some of these children learn faster than others; there are also those who gain a deeper understanding of these dynamics than most, but the time every individual must put into the endeavor is quite extensive. Nowadays, children are being born into a world that has shifted economically towards new frontiers. Blockchain technology, cryptocurrency and eSports are 3 of the pillars of this new frontier. The Millennial at the New Frontier Unlike new-borns who will learn these dynamics as they grow, Millennials had to adapt their knowledge to the changing reality. Some are succeeding in understanding the shift and subsequently in taking advantage of it. Others have been adapting at a slower pace, and some haven’t adjusted yet. Nevertheless, it seems that this generation might be better suited to learn about blockchain technology and the emerging industry of eSports as a cohort than previous generations. Millennials have challenged the workforce and the economy altogether, often clashing with their seniors, precisely because adapting to the new frontier has changed the way they think. In the process they have grown into the opportunities that new technology affords them. Therefore, it is not at all strange for a Millennial to understand that someone can play games for a living, or trade the value on one distributed ledger for the value on another to make a profit. eSports and Blockchain: The New Frontier This degree of adaptability as a cohort and the new set of paradigms that Millennials are creating, will also help to streamline the economy into a more open, dynamic ecosystem. Therefore, eSports and blockchain technology are not just the new frontier; they can easily become the cornerstones of the Millennial economy. This could create a myriad of new marketplaces for future generations to learn about as they make their own mark on the world and shift the economy further, into the next sphere. The Future is Bright! As more and more Millennials adapt to these new realities, they will also find innovative ways to integrate different technologies and industries. That will create more change to adapt to, which might be harder for previous generations to digest as a cohort, while opening even more possible iterations of future economic scenarios for which the children today will already be adapted. This doesn’t mean that the world belongs to the Millennials alone. In spite of the bigger challenge they face as a cohort, Baby Boomers and Gen Xers will keep on providing brilliant individuals with more experience, who cannot only adapt to the new realities, but can also help Millennials steward the ship. The key to success for Millennials then is to become innovators but also efficient communicators of this new economic reality that we are witnessing. Through eSports, cryptocurrency, blockchain technology and the integration of these industries, Millennials will have to play a leadership role to achieve 3 goals: the creation of a better world, with more opportunities for future generations; the integration of previous generational cohorts or members of these generations who are finding it hard to adapt; and the establishment of a new paradigm that we shall call the Millennial Economy. You love crypto & eSports? We want to get to know you. Please join us here: https://facebook.com/esportsdotcom/ Telegram: t.me/esportsERT

In a world of scarce resources, clichés seem to abound. There is too many of them, and one of the most prominent ones when it comes to cryptocurrency refers to Bitcoin as the digital equivalent of gold. Nevertheless, when the price of this so called ‘digital gold’ quadruples that of its physical equivalent per unit – if a troy ounce could ever be equated to 1BTC – then it is time to call the cliché into question. The truth is that gold prices cannot keep up with gold because the comparison is profoundly flawed. When we Equate Bitcoin to Gold, we can Explain it to a Broader Audience There is no doubt that both assets bear some resemblance. That is enough to create a cliché and then use it to explain a complex digital asset to a broader audience. The following are some of the characteristics that gold and bitcoin share. These are the characteristics upon which the cliché was built: Both assets are scarce. Some of their value derives from scarcity. Gold was the earliest for of a globally accepted medium of exchange, as much as bitcoin is the first globally accepted medium of exchange that is internet-based. Neither are issued by a central bank. Extraction of both requires mining, albeit bitcoin mining is a radically different procedure. Even if mining for gold and mining for bitcoin are fundamentally different activities, they both require sizeable amounts of energy, and both become more difficult as the resource becomes scarcer and/or its price increases. Mining on both progressed from an ‘artisanal’ phase into one controlled by several large corporations. Economies based on either asset are by default deflationary in nature. Both can be used to hedge against an economic downturn like the 2008-09 collapse. However, Bitcoin and Gold Should not be Compared! There might be more similarities between both assets, but as we run out of similarities to write on that list, we start stumbling upon the differences between them. The following is a brief list of different features that put gold and Bitcoin in radically different categories: Storing, transacting and transporting gold is cumbersome while doing the same with bitcoin is extremely practical. The scarcity of bitcoin is known – 21 million coins – whereas the scarcity of gold is unknown – estimates vary between 155,000 tonnes and 2.5 million tonnes. Given that we know how many coins there will be, miner rewards are also known and fixed according to an algorithm. With gold there might be a sudden discovery that can throw prices off. Mining on asteroids or on other planets, could dramatically increase the supply of gold. Bitcoin’s supply cannot be changed. Gold can be controlled by governments and its markets often are, whereas Bitcoin cannot be controlled by governments. Various industrial processes require the use of gold – the production of electronics is a good example. No economic process requires Bitcoin – besides hedging against the economic policies of governments and monetary policies of central banks. Bitcoin is digital, and it relies on an innovative technology to operate. This technology has the potential to revolutionize accounting, as well as many other fields of knowledge. Gold is physical and is a chemical element which can be used in a variety of forms, but is not revolutionary. Gold Can’t Fill Bitcoin’s Shoes The differences between these 2 assets make them ultimately incomparable. Moreover, the differences between gold and Bitcoin debunk the ‘digital gold’ cliché, and leave us with a situation in which we can conclude that gold can’t fill bitcoin’s shoes. Apart from industrial usage, the arguments in favor of using bitcoin instead of gold are all arguably superior. Hedging with gold forces the investor to trust multiple parties, given how difficult it is to transact with, transport and store gold. The gold game exposes the investor to a myriad of risks, including the nationalization of their wealth. Bitcoin is completely trust-less and governments would find it extremely difficult to take away from its owners. Now that markets are catching up to this reality, it is not difficult to see why gold prices can’t keep up with those of bitcoin. The troy ounce of gold could well be bound to trail the price of a single coin from now on. Eventually Bitcoin could become as universally acceptable as gold even if it is not as culturally significant. Nevertheless, if any investor is looking for an asset that can keep them safe while competing with gains in other traditional markets, then Bitcoin should be their choice. Ultimately, gold has shown it can’t keep up with traditional markets, let alone Bitcoin prices. So, it is time to stop using the cliché, and start giving bitcoin the credit it deserves. You love crypto & eSports? We want to get to know you. Please join us here: https://facebook.com/esportsdotcom/ Telegram: t.me/esportsERT

In a world of scarce resources, clichés seem to abound. There is too many of them, and one of the most prominent ones when it comes to cryptocurrency refers to Bitcoin as the digital equivalent of gold. Nevertheless, when the price of this so called ‘digital gold’ quadruples that of its physical equivalent per unit – if a troy ounce could ever be equated to 1BTC – then it is time to call the cliché into question. The truth is that gold prices cannot keep up with gold because the comparison is profoundly flawed. When we Equate Bitcoin to Gold, we can Explain it to a Broader Audience There is no doubt that both assets bear some resemblance. That is enough to create a cliché and then use it to explain a complex digital asset to a broader audience. The following are some of the characteristics that gold and bitcoin share. These are the characteristics upon which the cliché was built: Both assets are scarce. Some of their value derives from scarcity. Gold was the earliest for of a globally accepted medium of exchange, as much as bitcoin is the first globally accepted medium of exchange that is internet-based. Neither are issued by a central bank. Extraction of both requires mining, albeit bitcoin mining is a radically different procedure. Even if mining for gold and mining for bitcoin are fundamentally different activities, they both require sizeable amounts of energy, and both become more difficult as the resource becomes scarcer and/or its price increases. Mining on both progressed from an ‘artisanal’ phase into one controlled by several large corporations. Economies based on either asset are by default deflationary in nature. Both can be used to hedge against an economic downturn like the 2008-09 collapse. However, Bitcoin and Gold Should not be Compared! There might be more similarities between both assets, but as we run out of similarities to write on that list, we start stumbling upon the differences between them. The following is a brief list of different features that put gold and Bitcoin in radically different categories: Storing, transacting and transporting gold is cumbersome while doing the same with bitcoin is extremely practical. The scarcity of bitcoin is known – 21 million coins – whereas the scarcity of gold is unknown – estimates vary between 155,000 tonnes and 2.5 million tonnes. Given that we know how many coins there will be, miner rewards are also known and fixed according to an algorithm. With gold there might be a sudden discovery that can throw prices off. Mining on asteroids or on other planets, could dramatically increase the supply of gold. Bitcoin’s supply cannot be changed. Gold can be controlled by governments and its markets often are, whereas Bitcoin cannot be controlled by governments. Various industrial processes require the use of gold – the production of electronics is a good example. No economic process requires Bitcoin – besides hedging against the economic policies of governments and monetary policies of central banks. Bitcoin is digital, and it relies on an innovative technology to operate. This technology has the potential to revolutionize accounting, as well as many other fields of knowledge. Gold is physical and is a chemical element which can be used in a variety of forms, but is not revolutionary. Gold Can’t Fill Bitcoin’s Shoes The differences between these 2 assets make them ultimately incomparable. Moreover, the differences between gold and Bitcoin debunk the ‘digital gold’ cliché, and leave us with a situation in which we can conclude that gold can’t fill bitcoin’s shoes. Apart from industrial usage, the arguments in favor of using bitcoin instead of gold are all arguably superior. Hedging with gold forces the investor to trust multiple parties, given how difficult it is to transact with, transport and store gold. The gold game exposes the investor to a myriad of risks, including the nationalization of their wealth. Bitcoin is completely trust-less and governments would find it extremely difficult to take away from its owners. Now that markets are catching up to this reality, it is not difficult to see why gold prices can’t keep up with those of bitcoin. The troy ounce of gold could well be bound to trail the price of a single coin from now on. Eventually Bitcoin could become as universally acceptable as gold even if it is not as culturally significant. Nevertheless, if any investor is looking for an asset that can keep them safe while competing with gains in other traditional markets, then Bitcoin should be their choice. Ultimately, gold has shown it can’t keep up with traditional markets, let alone Bitcoin prices. So, it is time to stop using the cliché, and start giving bitcoin the credit it deserves. You love crypto & eSports? We want to get to know you. Please join us here: https://facebook.com/esportsdotcom/ Telegram: t.me/esportsERT