12h ago • cryptodaily
5 Alternative Meme Coins To Dogecoin (DOGE) - 2023 Watchlist
Bitcoin has swept the globe and established itself as a well-liked investment choice for many people. Due mainly to the success of Bitcoin and Ethereum, the cryptocurrency industry has recently seen a rise in popularity. Investors have, however, been interested in more than that.
Dogecoin, a cryptocurrency with meme inspiration, has gained popularity in the cryptocurrency space, and its success has led investors to search for other investment opportunities. Five alternatives to Dogecoin are examined in this article: DigiToads (TOADS), Tamadoge (TAMA), Dogelon Mars (ELON), Baby Dogecoin (BABYDOGE), and Shiba Inu (SHIB).
DigiToads (TOADS)
DigiToads, often known as TOADS, is a cryptocurrency that has recently attracted the interest of several traders and investors. It was introduced as a play-to-earn meme coin in early 2023, and its presale has shown great promise.
The unique notion of DigiToads is one of the distinguishing qualities that sets it different from other cryptocurrencies. It is intended to be a platform driven by the community and pays users for their involvement. Users may earn TOADS tokens by participating in various platform activities, including playing games, on-chain trading competitions, TOAD school, meme contests, and staking.
The presale will include $150,000 worth of giveaways, encouraging the new members to join the community and increase their reward chances.
The restricted quantity of DigiToads is another aspect that makes it a desirable investment option. Just 585 million TOADS tokens will ever be produced, with an automated burning mechanism reducing the number further. This deflationary model distinguishes TOADS from Dogecoin, whose unlimited supply has been a major factor restricting the token from rising in value.
Overall, DigiToads is an ultimate alternative for DOGE with its generous utility, real use cases, and smart tokenomics. With an already audited smart contract and doxxed team, the project is expected to reach the moon.
Visit The DigiToads Website: https://digitoads.world
Tamadoge (TAMA)
Tamadoge (TAMA) is a wildly successful meme currency with an intriguing roadmap.
Tamadoge was first introduced to the market in 2021, and with its fascinating combination of NFTs and Play-to-Earn (P2E) principles, it quickly gained attention.
The main factor contributing to TAMA's success is its innovative use case. TAMA is designed to be used in a decentralized game called Tamadoge, a play-to-earn game that allows players to earn TAMA tokens by completing various tasks and challenges. This concept has proven popular with gamers and has helped drive demand for the TAMA token.
Another main feature of TAMA is its strong community. The team behind TAMA has made a strong effort to create a welcoming and inclusive community focused on the project's long-term success. This has helped to create a loyal following of investors who believe in the project's potential.
Tamadoge's popularity has been strengthened even further due to the publication of the "Tamadoge Arcade," which currently has three games.
The Tamadoge team is also preparing for the much-anticipated augmented reality (AR) app launch with a Tamadoge theme. With the use of this software, users can observe and communicate with their Tamadoge dogs in the real world and even engage in competitive combat.
Dogelon Mars (ELON)
Dogelon Mars (ELON) is a relatively new cryptocurrency that has gained much attention recently. The name itself is a nod to Elon Musk, the famous CEO of Tesla and SpaceX, who has been known to tweet about various cryptocurrencies, including Dogecoin. Dogelon Mars is a decentralized finance (DeFi) project that operates on the Ethereum blockchain. It was created by a group of anonymous developers who were inspired by the success of other meme-based cryptocurrencies like Dogecoin.
Future Mars and beyond colonists will be able to use ELON tokens as an "intergalactic currency," according to the token's developers. However, no whitepaper or detailed roadmap has been published by the project team yet.
Official Dogelon Mars lore states that the project's most crucial plans will be unveiled upon Mars's re-colonization in 2420. The project's narrative motivates the ELON crypto community to campaign for the token's inclusion on major exchanges and to keep their heads up in the face of the market's volatility.
Developers of Dogelon Mars have also announced plans to release a new staking feature that will allow users to stake their ELON tokens in exchange for xELON. This multifunctional token is said to offer exciting new incentives for the Dogelon Mars decentralized finance (DeFi) ecosystem.
In addition to the hazy plans that Dogelon Mars has for expanding to other planets, the project has also started publishing a comic series on its website centered around Dogelon.
Baby Dogecoin (BABYDOGE)
Baby Doge is a digital token developed by the Dogecoin community. According to the website, Baby Doge tries to win over his dad with lightning-fast transactions and cuteness.
Baby Dogecoin is a hyper-deflationary token created to increase in value as time passes. However, unlike other crypto projects' burning mechanisms, in baby doge's case, every time a user makes a purchase, they receive a new coin in their wallet. Some of those coins are also added to the decentralized exchange PancakeSwap as part of a liquidity pair.
Charity organizations also benefit from redistribution. The website for baby doge coin claims that its creators have given over $750,000 to dog-related organizations like the Humane Society, the ASPCA, Paws with Cause, the North Shore Animal League, and others.
About 115.114 quadrillion baby doge in circulation from 420 quadrillions can ever be created. Despite claims that one doge baby is hyper-deflationary, the total supply is still quite large and could have dire consequences during bear markets.
The developers of Baby Doge Coin say the token is a fun meme with a serious mission to rescue dogs in need and bring crypto adoption to the mainstream with new concepts like rewards, NFTs, decentralized exchanges, and credit cards for crypto payment on our website. However, there is currently a limited practical application for the coin.
Nonetheless, support from the community continues to be high, and the deflationary mechanism provides a real solution to the problem that father Dogecoin had been facing for so long.
Shiba Inu (SHIB)
A person going by the moniker "Ryoshi" invented the Ethereum-based cryptocurrency known as Shiba Inu (SHIB) in August 2020. The Shiba Inu dog breed, which became renowned as an online joke, served as the model for the coin's name and graphic. SHIB has developed into a genuine cryptocurrency with a committed community of investors and supporters, despite its roots as a joke.
SHIB's emphasis on fostering community is one of its key characteristics. To encourage its users to interact with the platform and with one another, the project has started several projects. For instance, it developed ShibaSwap, a decentralized exchange that enables users to trade SHIB and other cryptocurrencies without depending on centralized exchanges. Shiba Gallery, a non-fungible token (NFT) marketplace developed by the project, enables artists to display and sell their creations using SHIB.
The tokenomics of SHIB is another important aspect. As there are one quadrillion tokens in the coin's total supply, there is a lot of liquidity accessible for investors. However, the project's team has also taken several steps to guard against the currency suffering undue inflation. For instance, they burnt half of the SHIB token supply, reducing the number of tokens in circulation and raising the value of each token as a result.
Despite just being recently launched, SHIB already has a sizable fanbase. The coin's market valuation has surpassed $6 billion and is listed on some significant exchanges, including Binance, KuCoin, OKX, Huobi Global, and Kraken.
Bottom Line
Dogecoin continues to be a well-liked option among cryptocurrency investors and fans, but there are a ton of other choices available for individuals looking to diversify their portfolios or discover the next big thing in the crypto industry.
All of these digital currencies—DigiToads (TOAD), Tamadoge (TAMA), Dogelon Mars (ELON), Baby DogeCoin, and Shiba Inu (SHIB)—offer distinctive characteristics and potential for growth. As cryptocurrencies are still expanding and becoming more widely used, it's impossible to predict which altcoin will have a price explosion shortly. Still, these five Dogecoin alternatives are worth keeping an eye on.
For More Information on DigiToads visit the website, join the presale or join the community
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.
15h ago • cryptodaily
The Best Crypto Staking Pools: Which One to Choose
Now that you have dived into the world of blockchain and its virtual asset and got some experience, we recommend it's time you do some staking! In a nutshell, participants with the largest number of tokens have a higher chance of being selected to validate transactions in a Proof of Stake (PoS) network. Stake pools are a medium that help crypto holders with smaller stakes participate in staking that will increase the likelihood of getting rewards.
Today, we have summarized the best crypto staking pools available in the market for your ease. Let’s take a look at our top five recommendations:
Everstake
Supported cryptocurrencies:37 different coins and tokens.
APY:Depends on the cryptocurrency.
Lock-up period:Depends on the cryptocurrency.
Payout frequency:Depends on the cryptocurrency.
Type:Non-custodial.
Additional rewards:No.
Minimum/maximum staking amount:Depends on the cryptocurrency.
Everstake is a responsible validator that claims to be trusted by 625k+ users across 70+ blockchain networks. The platform, currently running over 8,000 nodes, creates liquid staking products. As a non-custodial solution, users can stake directly from their respective crypto wallets. Whether you are an institutional investor or an individual token holder, you can get 5% - 20% profit annually by staking with Everstake, with transparency of rewards.
P2P
Supported cryptocurrencies:26 different cryptocurrencies.
APY:between 4% and 50%.
Lock-up period:Depends on the cryptocurrency.
Payout frequency:Depends on the cryptocurrency.
Type:non-custodial.
Additional rewards:No.
Minimum/maximum staking amount:Depends on the cryptocurrency.
P2P provides secure non-custodialstaking servicesfor professional investors, allowing token holders to participate in staking without the heavy lifting of running a node. The platform has grown to manage +$1.5 billion in staked assets across more than 25,000 investors and 25+ unique blockchain networks. Stake ETH, DOT, SOL, ATOM, XTZ, ADA and all key tokens with P2P. With an average uptime of 99%, P2P ensures that your rewards are generated continuously whilst mitigating performance-related risks.
LYOTRADE
Supported cryptocurrencies:LYO Credit (LYO) and USDT.
APY:24% to 50%
Lock-up period:Depends on the cryptocurrency, but ranges from 360 days to 720 days.
Payout frequency:Depends on the lock-up period.
Type:Centralized, with DEX Swap feature.
Additional rewards:The LYO Credit token earns rewards through inflation, or community rewards, versus staking. With inflation, new tokens are added to the network at a rate determined by the protocol, and those tokens are then distributed to holders as rewards.
Minimum/maximum staking amount:Depends on the cryptocurrency.
LYOTRADE is a centralized cryptocurrency exchange that offers a high liquidity system connected to 300 exchanges, and about 30 risk control mechanisms along with offering DEX Swap service. LYO Credit (LYO) staking up to 50% yearly, and Tether (USDT) up to 24% yearly. When you stake LYO Credit on LYOTRADE, you can get anannual interest rate that starts from 1.5% to 36%, making it one of the preferable choices of tokens to select from for your skating experience.
Kraken
Supported cryptocurrencies:16 different cryptocurrencies, includingUSDTand all major coins.
APY:Depending on the cryptocurrency between 2% for stablecoins and 23% for altcoins.
Lock-up period:Depends on the cryptocurrency.
Payout frequency:Twice a week.
Type:Custodial.
Additional rewards:No.
Minimum/maximum staking amount:Depends on the cryptocurrency.
Kraken is a United States–based cryptocurrency exchange, with over 30 different cryptocurrencies and seven different fiat currencies available for trading. At Kraken, you can earn up to 24%yearly on your crypto. With a wide range of supported assets, you can receive staking rewards up to twice a week, even on Bitcoin. Kraken is acustodialstaking solution, which means that the exchange will be in control of your private key while it is staking your coins.
Binance
Supported cryptocurrencies:Over 120 different cryptocurrencies.
APY:Depending on the cryptocurrency.
Lock-up period:Between 15 and 120 days.
Payout frequency:Daily.
Type:Custodial.
Additional rewards:No.
Minimum/maximum staking amount:Depends on the cryptocurrency.
Binance is the world’s biggest cryptocurrency exchange and the biggest provider of custodial staking solutions. Binance DeFi Staking acts on behalf of users to participate in certain DeFi products, obtains and distributes realized earnings, and helps users to participate in DeFi products with a single click. The platform allows users to obtain generous online rewards without keeping an on-chain wallet. Binance Staking deposits users’ funds into smart contracts on users’ behalf, saving users on-chain gas fees.
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.
1 day ago • cryptodaily
NFT Collection The Divine Order Of the Zodiac Price, Stats, and Review
What is an The Divine Order Of the Zodiac?
The Divine Order Of the Zodiac are a non-fungible tokens collection built on the Ethereum network launched in 6 July, 2021. 9,994 items of the The Divine Order Of the Zodiac collection can now be viewed at OpenSea.
How many owners does the The Divine Order Of the Zodiac collection have?
The total number of owners has reached 3518 within 622 days since its release.
NFT Collection The Divine Order Of the Zodiac Price and Sales
The market capitalization of The Divine Order Of the Zodiac NFT collection is 115.55 ETH. Since created the The Divine Order Of the Zodiac, 11,472 collections sales were made at an average price of 0.09 ETH (~$164.81 at the time of writing). This created a total volume in 1,088.911 ETH. The floor price of The Divine Order Of the Zodiac is 0.012 and the 30-day trading volume is kept at 2.25 ETH. The payment tokens of the The Divine Order Of the Zodiac collection are ETH, DAI, WETH, USDC.
Why are some NFTs expensive and others not?
NFTs are very new to the blockchain ecosystem and are still in their infancy. It is an emerging market meaning there is no historical data or precedence that can assist in determining the value of an NFT. NFT projects that started at the beginning of the market boom have garnered legitimacy purely because they had a first-mover advantage. These “established” NFT projects have also had the opportunity to improve and learn from the issues that have plagued the NFT market and have, in such a way, made themselves more valuable. When the NFT boom took flight, many people realized profits beyond their wildest dreams, creating a space for opportunists to take advantage of the market growth. While some NFTs can be considered digital art, created by an artist who recognizes the value NFTs can add to the creative space, others have been made purely out of greed and a need to exploit the immense market growth. NFT projects that stem from greed and exploitation often have no value and are ultimately garbage.
Is the The Divine Order Of the Zodiac Collection Over or Underpriced?
It is difficult to determine whether NFTs from the The Divine Order Of the Zodiac collection is overpriced or underpriced. Making such an assessment will become clearer when the market for NFTs and metaverses develops more actively. The price is also influenced by how the The Divine Order Of the Zodiac collection is developed and promoted by its creators and community.
The Divine Order Of the Zodiac NFT Collection Examples
Divine Order of the Zodiac #0
Divine Order of the Zodiac #1
Divine Order of the Zodiac #2
Divine Order of the Zodiac #3
The Divine Order Of the Zodiac fees
Buyer fee to dev: 0 basis points
Seller fee to dev: 500 basis points
Buyer fee to opensea.io: 0 basis points
Seller fee to opensea.io: 250 basis points
Buyer fee: 0 basis points
Seller fee: 750 basis points
The Divine Order Of the Zodiac editors list
The approved editor's accounts of The Divine Order Of the Zodiac collection are 0x725d49ada4813aec83c3558f0a1aab85ab01846b, 0xe5d009bbce5a5d7ab9c6c2b1b0a56f9b98297cff.
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.
1 day ago • cryptodaily
Terraform Labs Co-Founder Do Kwon Arrested in Montenegro
Do Kwon, co-founder of Terraform Labs, has reportedly been arrested in Montenegro. Kwon has been on Interpol and South Korean authorities’ radar for his alleged involvement in the collapse of the Terra ecosystem.
The Minister of the Interior of Montenegro, Filip Adzic, announced in a post that an individual suspected of being Do Kwon had been arrested in the Podgorica region on March 23. Following the announcement, local media outlet Vijesti confirmed that the Twitter account that posted the news belonged to the minister of interior of Montenegro. The person arrested was a South Korean national. Adzic tweeted:
Montenegrin police have detained a person suspected of being one of the most wanted fugitives, South Korean citizen Do Kwon, co-founder and CEO of Singapore-based Terraform Labs.
Kwon was reportedly detained at the Podgorica airport with falsified documents. The International Criminal Police Organisation (Interpol) and South Korean authorities were on the hunt for Kwon for his alleged role in the collapse of the $40 billion Terra Luna (LUNC) and Terra USD (USDT) ecosystem in May 2022.
Kwon became an internationally wanted man when Interpol issued a red notice on him in September. Interpol’s red notice came only weeks after a court in South Korea issued an arrest warrant for the founder, alleging that he violated the Capital Markets Act.
Montenegro is geographically south of Serbia and shares a border with the Balkan nation. In December, it was reported that Kwon was hiding in Serbia. Serbia and South Korea do not share an extradition treaty. At the time, prosecutors indicated that Kwon fled to Dubai as a stopover after he exited Singapore.
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.
1 day ago • cryptodaily
What Is a Decentralized Autonomous Organization? How Does It Change the Game?
Crypto has come a long way, that is for sure. Ever since the first cryptocurrency launched and the first pizza bought with Bitcoin, the technology that empowers the crypto field has evolved in a way and with a surprising speed.
These days, there are almost 25,000 cryptocurrencies in existence, and the number keeps growing. Plenty of crypto projects are launched daily, and most aim to solve various issues in the industry during the past years.
Among all the new platforms launched every day in the crypto space, decentralized autonomous organizations seem to be making quite a buzz lately. Thus, what is a decentralized autonomous organization, how does it work, and why has this concept become so popular?
What Is a Decentralized Autonomous Organization?
Also called DAO, a decentralized autonomous organization is an entity with no central leadership. The members of a DAO usually have the same goal, and they all contribute to the decision-making process. Usually, decentralized autonomous organizations work based on a set of rules enforced on a blockchain.
The first DAO was launched in 2016 when a group of developers came up with the idea of an entity that has and promotes one of the most valuable and popular blockchain-related characteristics: decentralization. This feature is what makes the whole DAO concept work the way it does and maintains its relevance in the crypto space.
The simple fact that no central authority governs the decentralized autonomous organization encourages members’ participation in the project’s ecosystem. This way, such community-driven organizations can build incentivized communities around their concepts, allowing users to interact with other crypto enthusiasts from all over the world.
Furthermore, a DAO constantly works to maintain its transparency. To do that, each vote is made publicly viewable so that every user can research how each vote goes, who votes for what, and which are the most active members.
How Does a DAO Work?
Usually, decentralized autonomous organizations rely on smart contracts that can streamline the whole decision-making process while also maintaining transparency. Those able to vote share the voting power according to the number of tokens they hold.
For instance, while a user who holds 50 tokens will have a certain amount of power, one who holds thousands of that specific token will most certainly have a much bigger voting power for every vote occurring in the DAO’s ecosystem.
And there is one simple reason for that: users who have invested significant amounts in a particular DAO will be encouraged to act in a way that will benefit the whole community, while those who hold fewer tokens will be incentivized to buy more to have more power in the ecosystem. And if there is a possibility that the users with higher power act badly and affect the community, they will put their investments at risk.
Pros and Cons of DAOs
Undoubtedly, DAOs have become popular for a reason: they are concepts that can benefit crypto users and the whole cryptocurrency industry. And one of the most essential and useful benefits of DAOs is the fact that such community-driven cryptocurrencies maintain a remarkable level of decentralization.
The Pros of a DAO
In the ecosystem of a decentralized autonomous organization, there is no leader, and no single user or entity controls everything. Instead, the power is distributed across the entire network, thus assuring that the project is achieving one of the 3 most popular crypto features: decentralization.
When integrated with Web3, the DAO concept can do wonders. When every crypto project aims to revolutionize a specific topic, a decentralized autonomous organization focusing on Web3 will increase the level of decentralization in such spaces and will build new perspectives for Web3 users.
A good example is MetFi, a DAO developed on Binance Smart Chain that aims to be the world’s first Metaverse and Web3 incubator, significantly investing in the next wave of Metaverse and Web3 unicorns. Launched in May 2022, MetFi constantly works to introduce increasingly more projects to its community and global network of advisors while also giving individuals the opportunity of experiencing the benefits of the Metaverse, Web3, and NFTs.
And with decentralization usually comes equality. Each user can contribute to the evolution of a DAO’s ecosystem, no matter their holdings in the community. Any stakeholder can and is encouraged to share their ideas, while everyone will be able to see and vote for them.
Furthermore, the fact that a DAO relies on smart contracts results in a high level of neutrality, as no user or entity controls the rules of such an ecosystem. Instead, after being built, the smart contracts are implemented, and there is no need for a third party to control or manage the activity of a decentralized autonomous organization.
The Cons of a DAO
However, there are some downsides to DAOs, too, and they cannot be forgotten. First, the fact that users have a specific voting power given according to their investment can lead to a concentration of voting power. For instance, assuming that a user holds over 50% of the circulating supply of a DAO and decides to vote in a particular way, their power will be able to cancel the other votes.
Another downside of decentralized autonomous organizations does come as a result of one advantage of such projects. The fact that such community-driven cryptocurrencies get a good level of decentralization through the fact that every user has voting power affects the overall quality of transactions.
When each transaction has to pass a voting process, the transaction time can be considerably higher.
Final Thoughts
Crypto is gaining remarkable popularity, which is not surprising, considering the innovations this field brings and the tremendous number of users open to learning more about the cryptocurrency industry.
DAOs, or decentralized autonomous organizations, are community-driven cryptocurrencies not controlled by any central authority. Instead, all users have voting power according to their token holdings and can actively contribute to the decision-making process.
DAOs aim and manage to maintain high levels of decentralization, equality, and neutrality, advantages that will incentivize increasingly more users to join such ecosystems.
On the other hand, decentralized autonomous organizations have some downsides. For instance, the fact that every change in the ecosystem implies a vote in which all the users should participate can affect the transaction time. Moreover, sharing the power according to the tokens held can lead to a concentration of power and affect the community long-term.
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.
1 day ago • cryptodaily
Mizar Launches Arbitrum Native Token MZR on Camelot DEX
London, UK, 23rd March, 2023, ChainwireMizar, a platform with more than 10,000 users that aims to bring advanced and automated trading to the blockchain, is proud to announce the launch of its native token, MZR, on Camelot DEX, a fully decentralized exchange (DEX) built on Arbitrum.The emergence of Arbitrum and the launch of the $ARB token, along with its recent airdrop, have caused a buzz in the ecosystem, leading to a surge in popularity for DEXs like GMX. The Mizar team anticipates substantial growth in decentralized trading on Arbitrum over the next few years and is dedicated to being one of the first to provide automated trading tools for current and future Abitrum traders.The scalability of Arbitrum, along with its faster transaction processing and lower fees, make it a top technology choice for users engaged in active trading and portfolio management. Mizar believes that these features make Arbitrum a perfect product for traders who prioritize efficiency, self-custody, and asset decentralization in their trading activities. As a result, the DeFi trading experience has been significantly enhanced, opening doors for on-chain automated and advanced trading.Francesco Ciuci, CEO of Mizar, is thrilled to share his excitement about the next steps for Mizar. HeCiuci said, "Our goal is to transform the way individuals participate in DeFi trading. Despite the successful development of sophisticated DEXs like GMX, there still remains a considerable amount of manual effort involved for DeFi traders. Given that most trades in traditional and centralized finance are conducted using advanced artificial intelligence and automation, we must progress and introduce similar tools to DeFi."Referring to the recent launch of the MZR token on Camelot DEX, Ciuci added “For us, launching on Camelot DEX represents progress towards the Arbitrum ecosystem. It will grant us access to a native Arbitrum community that will aid us in developing suitable tools for their needs.”Camelot DEX is a recent Arbitrum native project that is completely decentralized and driven by its community. Mizar is enthusiastic about Camelot DEX due to its innovative strategy for providing liquidity, which distinguishes Camelot DEX from other decentralized exchanges. Its community-driven approach makes it simple for anyone to provide liquidity and earn rewards, resulting in a significant advantage for new and established projects.The launch of MZR on Camelot DEX, on Arbitrum, marks a significant milestone for Mizar, and the team is excited about the opportunities this presents for them. They are committed to pushing the boundaries of what is possible in the world of decentralized finance and are looking forward to what the future brings.About MizarWith over 10,000 active users and millions of volumes traded daily, Mizar is the go-to choice for those who demand the best when trading crypto. Say goodbye to FOMO and missed opportunities, and embrace hands-free trading on your favorite CEX and DEX with advanced bots and smart tools. Share your bots with others on the to-be-largest social trading platform in the crypto world and earn a passive income. And thanks to the MZR token, you can get access to all these features without paying any subscription fee.ContactMizar [email protected]
1 day ago • cryptodaily
Upland’s 2023 Hackathon To Showcase The Future Of Web3 Metaverse Super Apps
PALO ALTO, California, 23rd March, 2023, ChainwireUpland, the metaverse super app mapped to the real world, is partnering with the EOS Network Foundation, a community-led, not-for-profit organization that coordinates public-goods funding and support to encourage the growth of the EOS Network, to launch Upland’s second hackathon where web2 and web3 developers are invited to bring new games and experiences leveraging Upland assets. As the only metaverse mapped to the real world, developers are able to create experiences that leverage unique characteristics of the Upland ecosystem, which include geo-specific context and assets like FIFA Women’s World Cup Australia and New Zealand 2023™ Legits, to the largest growing web3 community.Web3 gaming coupled with metaverse experiences, will transform the way people play, interact and socialize. This year’s Upland Hackathon is designed to empower developers to create unique, immersive, and community-driven experiences that drive increased engagement in the metaverse. Developers are invited to participate in one of three tracks: 1. Metaverse Innovation Track; 2. FIFA Women World Cup 2023 (FWWC23) Track, and 3. Design Track. with the best ideas earning financial prizes and the chance to enter Upland’s post-hackathon incubator.Upland is one of the most popular and fastest-growing metaverses utilizing blockchain technology. Upland is the Earth’s metaverse, spread across dozens of global cities that have been mapped to the real world and are accessible via the Web, iOS, and Android. “After a successful first round in 2022, we are thrilled to be hosting our 2nd hackathon for web2 and web3 developers alike to leverage our tools to create new experiences in the Upland metaverse,” says Idan Zuckerman, Co-Founder and Co-CEO of Upland. “As part of our mission to build the first Metaverse Super App, the main topics of this hackathon will have developer teams leverage web3 concepts by integrating games and experiences with the Upland platform to drive engagement and adoption in new innovative ways”This year’s Hackathon event will encompass three unique tracks, each contextual to the Upland ecosystem, community and economy. Developers, designers, artists, gamers, and blockchain enthusiasts will be provided with the tools, support, and inspiration to bring their Web3 game ideas to life. Utilizing Upland’s simple Rest APIs, participants will have a chance to put themselves on its virtual map.The Upland 2023 Metaverse Super App Hackathon’s panel will consist of four judges, including representatives from Upland, FIFA, and the EOS Network Foundation. Each project submission will be rated for the quality of each pitch and its prototype, its use of Upland’s 3rd-party development tools, its team’s composition and diversity, business feasibility, and fulfillment of the Hackathon’s mission statement. "We are very excited about this opportunity to meet and collaborate with some of the brightest metaverse developers today," said Yves La Rose, Founder and CEO of the EOS Network Foundation. "EOS has made GameFi a cornerstone of its ecosystem development, and Upland is one of its biggest success stories so far. Upland chose to build on EOS because it's one of the most robust and scalable networks of all, with an extremely diverse and talented pool of developers. Now we'll get the chance to see what those developers can do, and we're extremely enthusiastic about helping them bring their ideas to life."The FIFA Women’s World Cup Track builds on Upland’s status as FIFA’s official metaverse partner and provides a unique opportunity for developers to build games and experiences that utilize Upland’s third-party SDK alongside FIFA NFTs in Upland. Developers are tasked with creating unique games or gamified experiences leveraging FIFA Legits and Upland assets, with the winning project set to be showcased in the FIFA World Cup Village in Upland.In the competitive Design Track, Upland is inviting creators to design a 3D asset that will serve as the trophy for the World of Football eSports tournament. In World of Football players compete in live football matches taking place in the Upland metaverse.Finally, the Innovation Track invites developers to submit community-focused Web3 games or experiences that bring people together to play, socialize and share value. This is a flexible track where developers can leverage Upland’s developer tools, to create almost any kind of game or experience they believe has the potential to become an Upland metaverse hit.Participants of the FIFA Women’s World Cup and Innovation Tracks will compete for Grand Prizes worth $10,000, with $5,000 going to the runners-up of each track. Meanwhile, the winner of the Design Track will be awarded 2 million Upland UPX tokens. Both the Grand Prize and Runner-up Prize winners will also be invited to join Upland’s post-hackathon incubator.The Hackathon will begin with a kick-off party with OnePiece Labs followed by its official launch at GDC on March 22. Teams have until May 12 to register for the Hackathon, with May 26 being the deadline for submissions. Finalist selection will occur on May 28, with the final presentation and awards show taking place during Upland’s annual Genesis Week Conference at the Sahara Casino and Resort in Las Vegas on June 9.About UplandUpland is an open web3 platform for the metaverse mapped to the real world. The company’s mission is to build one of the leading and most dynamic maker-communities through a strong entrepreneur economy that allows players, creators, developers, and brands to manufacture goods and experiences, monetize assets, and provide utility and fun to other players. Headquartered in Silicon Valley with hubs in Las Vegas, Ukraine, and Brazil, Upland was named among Fast Company’s “Next Big Things in Tech” in 2021 and one of “22 San Francisco Startups To Watch in 2022” by Built In SF. Upland is committed to becoming carbon negative and is a proud partner of Carbonfuture. For more information about our sustainability commitment visit https://www.upland.me/sustainability. Upland is available on iOS, Android and the Web, and can be played from anywhere in the world.About EOS Network FoundationThe EOS Network Foundation (ENF) is a not-for-profit organization that coordinates financial and non-financial support to encourage the growth and development of the EOS Network. EOS is the native token of the EOS Network, which launched in 2018. The EOS Network provides a world-class, robust, smart contract functionality that enables developers to build the best-in-class decentralized applications (dApps) easily, facilitating the open web of the future and, in so doing, powering the Web3 economy. The ENF is the hub of the EOS Network, uniquely suited for NFT, GameFi, DeFi, and enterprise applications. The organization is committed to unlocking the full potential of the EOS blockchain to drive innovation, create new possibilities, and empower individuals and communities.About EOSThe EOS Network is a 3rd generation blockchain platform powered by the EOS VM, a low-latency, highly performant, and extensible WebAssembly engine. Purpose-built for enabling optimal Web3 user and developer experiences, EOS is a go-to Layer-1 network for developers looking to build blockchain-based games (GameFi), deploy decentralized applications (dApps), and create digital assets such as NFTs. EOS benefits from a multi-chain collaboration of blockchains built upon the Antelope framework using Antelope Inter-Blockchain Communication (IBC). EOS drives public goods funding for free and open source tools and infrastructure through the EOS Network Foundation (ENF).ContactLindsay Anne [email protected]
2 days ago • cryptodaily
Texas Lawmaker Wants To Protect BTC Miners
A member of the state’s House of Representatives has introduced a resolution to support the Bitcoin economy in Texas.
House Member Calls For Constitutional Rights For Digital Assets
Texas, which is already a pretty crypto-friendly state, will be getting further legislation to preserve its “Bitcoin economy.” A recent resolution is seeking a legislature that will support the crypto industry in the state. This resolution was passed by Cody Harris, who is a member of the Texas House of Representatives, in order to provide support to miners and Bitcoiners operating the Lone Star State.
On March 21, Harris filed the House Concurrent Resolution 89, where he rallied other Texas lawmakers to show their support for the state’s already-thriving crypto industry. He demanded that coders or developers who work on the Bitcoin network and miners and Bitcoiners need to be protected further through legislation.
Furthermore, he pointed out that digital asset holdings should be included in the state’s constitutional rights concerning “all unreasonable seizures or searches.” This means that Harris wants to protect individuals' personal crypto holdings under the same constitutional law as their other property. Currently, cryptocurrencies are already included under an amendment to the state’s Uniform Commercial Code.
Resolution To Inspire More Support
The resolution targets mostly the sentiment among the lawmakers instead of the state's laws and regulations. It also referenced the crypto crackdown in China and how it had been one of the driving forces behind Texas’s crypto boom. In the resolution, Harris expressed that Texan lawmakers need to hold an even more supportive perspective towards crypto miners so as not to have a repeat of the China situation.
An excerpt from the filed resolution reads,
“Individuals who mine Bitcoin in Texas will never be inhibited by any law or resolution that restricts the practice of securing the Bitcoin network for the safety of the virtual currency. All those in the broader community who choose to own Bitcoin as a manner of storing their wealth and transacting peer-to-peer with other law-abiding Texas citizens shall always feel free and safe in their ownership and use of Bitcoin.”
As of now, crypto firms like Riot Platforms, Core Scientific, and White Rock Management have set up operations in Texas.
Texas Loves Crypto
Harris’s appeal is probably in reference to the criticism faced by Texas’s easy-going regulatory framework for cryptocurrency. Basically, certain federal lawmakers believe that the state does not have enough oversight over the high energy consumption due to its rampant crypto mining. Texas Governor Greg Abbott has always been a keen supporter of cryptocurrencies. Under his governance, the Austin City Council even passed resolutions to support the industry in 2022. Soon after, the city of Fort Worth in Texas became the first U.S. to mine Bitcoin, followed by the Texas A&M University offering a course on Bitcoin Protocol.
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.
3 days ago • cryptodaily
Becoming Borderless Pioneers. Bware Labs Roadmap and Commitment to Web3 Builders
Bware Labs is a blockchain infrastructure provider that was founded in 2021 with the purpose of contributing to the rise of a truly decentralized Web3 ecosystem. The company was born out of a frustration with the current state of the market, which relies heavily on centralized platforms, which are controlled by a handful of centralized institutions, creating a single point of failure, thus compromising the security and privacy of users.
The founders of Bware Labs recognized that this was not the picture of Web3 that they had in mind, and decided to take action. They saw an opportunity to provide an alternative infrastructure that prioritizes decentralization, security, and accessibility and they set out to build a decentralized platform that could serve as a backbone for the next generation of dApps, without relying on a centralized authority.
This is how Blast came to life. Blast is a multichain, subscription-based, API platform which was built and launched in under a year, and since its release at the beginning of 2022 it has reached 4k weekly active users, 100+ enterprise customers, it supports over 40 networks and it has well surpassed 100 billion total API calls. By delivering a high-tech proprietary solution for proxying and routing user requests, Blast achieves best-in-industry response times and top-notch reliability. Knocking down milestone after milestone, Bware Labs expanded well over the API business, and is aiming to become a one-stop shop for all the tools the Web3 players need, servicing not only builders, but also enterprises, blockchains and App Chains.
As firm believers in the idea that decentralization implies cooperation, on the validator services side we kept on adding new projects in our portfolio, expanding the total of projects to more than 20 and reaching a TVL of more than $300 million.
Somebody stop us! But, there’s more. We now offer a full range of services for Avalanche Subnets and Polygon Supernets, custom indexing services on the Klaytn Network, snapshot services for Aptos, XPLA, Persistence, OKP4, Nolus and Uptick, and faucet services. Additionally, we are bridge operators for Avalanche, deBridge, Axelar, Connext, and Beamer, and last, but not least, our team grew bigger and stronger to reach over 40 talented individuals.
Bware Labs repositions itself to be a one-stop shop complete solution provider for boosting blockchain adoption.
Following the success in business development and product development, Bware Labs is changing its mission into becoming a vehicle for boosting blockchain adoption and supporting Web3 builders from development to production, release, and beyond.
We envision an environment where all Web3 developers have access to reliable decentralized infrastructure and highly performant blockchain development tools, therefore we are determined to create an all-encompassing ecosystem that will support Web3 builders throughout their entire blockchain journey. Bware Labs aims to play a decisive role in worldwide blockchain adoption and will thrive to become the one-stop shop that enables builders to explore the entire blockchain galaxy.
“We can say that Bware Labs is powering up Web3. Each dApp that one develops needs access to the blockchain, so our platform is like a base layer for each application. The company works at a fundamental level to help Web3 thrive. This is how we see ourselves in the Web3 ecosystem.” says Flavian Manea, Co-founder and CEO of Bware Labs.
If you believe in our cause too, then we invite you to join the Galactic Motorcycle Gang - our way of revving up the engines while BUIDLing and having fun.
The GM Gang is a collective of builders, traders, creators, investors, developers, prospects and anybody else who believes in the bright future of our industry. We have confidence that our gang will evolve into a powerful entity that demands recognition in the Web3 realm.
It has been a wild ride and we have just started in our mission of building an ecosystem that supports developers every step of the way. We are preparing more tools and services for Web3 builders and activities for Web3 enthusiasts, so make sure you keep up to date with our channels, support us and give us feedback constantly! Check out our refreshed website and follow our socials for more insights!
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.
3 days ago • cryptodaily
PrimeXBT Copy Traders Make 4,000% ROI
Making money trading global markets isn’t easy. It takes skill, patience, strategy, experience, capital, and a little bit of luck. Proper risk management and emotional control can further improve the probability of success, but volatility can be unpredictable and too challenging for many new traders who ultimately give up.
At PrimeXBT, it is possible to get paid from other traders’ gains by copying and following top-ranked strategies listed in the copy trading leaderboards. Within the leaderboards, the highest ranked traders are making more than 4,000% ROI –– which means you can too. Find out how below and forget all the hard work that typically comes with trading and investing.
Why Most New Traders Give Up
When markets are near a peak, sentiment is filled with exuberance over recent profits, making it difficult to sense when the trend begins to reverse. Near market bottoms, prices are low, but investors and traders are often too fearful of trying to catch a falling knife. Human behavioral biases cause our minds –– and our guts –– to work against us.
Rarely is it possible to get it right all the time, which is why the best traders claim risk management is more important than winning. Others make a fortune from correctly timing the market and taking big bets against the crowd. Stacking up losses isn’t fun or sustainable, which is why many traders throw in the towel after only a short time trading.
Follow The Profits At PrimeXBT
With PrimeXBT copy trading, lack of skills or emotional control is never an issue because users simply click follow and automatically copy the trades of proven successful traders who have a high rank and ROI within the copy trading leaderboards. By following, capital can be invested into the strategy. A return on investment is generated with each successful trade the strategy manager makes.
Followers don’t have to do the heavy lifting or have all the stress that comes along with trading global markets and can still stay exposed to profits using a crypto-based account. Followers get stop loss and take profit tools and can follow many strategies at once to build a portfolio of traders, all working on your behalf.
All About Copy Trading
The experience revolves around a leaderboard system that displays a snapshot of the performance and rating of each strategy on the platform. Clicking on each individual strategy shows more granular performance metrics, which followers can use to pick which strategies to follow and which to unfollow.
At the top of the PrimeXBT copy trading leaderboard currently is a strategy manager with more than 4,000% profits, proving this type of incredible ROI is possible. Copy traders who followed this strategy have also earned as much as 4,000% ROI. The leaderboards are filled with skilled strategy managers and similarly impressive performance, and the rankings are constantly changing due to the constant competition in the community.
Stepping Up As A Strategy Manager
Strategy managers are incentivized to trade at their best to achieve a strong ROI and maintain a high rank in the leaderboards. Strategy managers earn a profit share of followers’ success fees, which are an added income stream for the most profitable traders. In addition, a higher rank means more exposure, allowing strategy managers to reap even more benefits from trading.
Experienced traders can enlist to become strategy managers for free but must make a minimum deposit to activate the account. Once activated, strategy managers will gain access to powerful PrimeXBT trading tools such as long and short positions on leverage, built-in charting software, and much more.
Summary
Using the same PrimeXBT account, copy traders can also access a full suite of margin trading tools, the PrimeXBT Trading Academy educational website, and weekly trading competitions at PrimeXBT Contests. Accounts are funded using BTC, ETH, USDT, or USDC as collateral. Funds can be deposited to a secure cryptocurrency account protected by bank-grade security and a cold storage solution for unrivaled safety.
The platform has never had a hack or scandal and was named the Most Trusted Crypto Asset Trading Platform by Crypto Expo Dubai. The reliable service is always on and available via the desktop or mobile browser or through the free PrimeXBT smartphone app for Android or iOS devices. To earn 4,000% ROI from copy trading or to access any of the amazing features above, immediately visit the PrimeXBT trading platform.
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.