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Enjin Coin price, market cap on Coin360 heatmap

Enjin Coin(ENJ)

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$0.691817
(3.59%)
0.00002911 BTC
Market Cap (Rank#81)
$620,145,133
26,097 BTC
Vol 24h
$21,236,340
893.664 BTC
Circulating Supply
896,399,955.57
Max Supply
1,000,000,000
6h agocryptodaily
Klangaverse: This New Cryptocurrency is Music to Our Ears
Klangaverse is using blockchain technology to revolutionise the music industry. On this platform, artists can build an intimate fanbase, sell their music in the form of NFTs, and reap the rewards of community engagement. Through activities, events, weekly hangouts, and collaborative projects, artists can closely engage with their listeners. Music is about the connection between the creator and listener. Klangaverse builds a mutually beneficial community around this connection, for both artists and fans. Fully decentralised and built on the Binance smart chain, Klangaverse empowers the community to come together, enjoy music, and gain profits. Based on Web3 and decentralised finance properties, Klangaverse aims to put together a cooperative music movement, dedicated to supporting and promoting all involved. Klangaverse Payment Process Klangaverse has its own crypto token $KLG for the payment of artists and fans. It is passionate about keeping financial control in the hands of the artists, differentiating from other music platforms. This is a decentralised community, where musicians can decide on how revenues raised from their minted songs are split among the teams that made them. The Klangaverse ecosystem is not interested in controlling the musical finances of its users, instead, it is fair and considerate. $KLG will be distributed on the Binance Smart Chain with a max supply of 10,000,000,000 tokens. Their presale will consist of 3,000,000,000 tokens and there will be a 2 month vesting period to maintain integrity, security, and value stability. Game With Klangaspel! Klangaspel is Klangaverse’s exciting simulation-P2E adventure game where you can make fun revenue and play your favourite instruments! To enter, just purchase your instruments and lessons. You can pick from a wide range of instruments, from guitars to amps, drums, and violins. Make your musical dreams a reality. The Klangaverse Soundmap This is a coin with drive and dedication to its community. After completing its audit, Klangaverse aims to be listed on Coinmarketcap and Coingecko. Focussing on the musical aspect, Klangaverse plans to collaborate with 1000 musicians for initial NFT releases before launching on decentralised exchanges. The platform will then mint free music NFTs to all of the presale investors and launch the NFT marketplace. To maintain and promote the platform, Klangaverse will begin work on podcasts, radio, and streaming services, elevating its reach. This will include metaverse integration so that musicians can play concerts for their fans and NFT holders. These virtual performances connect with the ethos of the platform - the importance of the relationship between musician and listener. The community aspect of Klangaverse enables artists to easily collaborate, merchandise to be released for fans, and weekly events with games and rewards to take place. Community connection is at the heart of this platform. To reward early users there are several bonuses in place: In Stage 1 of the presale, receive an extra 9% of $KLG tokens every time you purchase In Stage 2, receive an extra 6% of $KLG tokens every time you purchase In Stage 3, receive an extra 3% of $KLG tokens every time you purchase This new cryptocurrency undoubtedly has the music community at its heart. 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.
7h agocryptodaily
GALA, The World-Leading Web3 Company, Spearheads A New ERA Of Entertainment With GALA FILM
Jackson, USA, 9th August, 2022, ChainwireAnnounce Partnership With Stick Figure Productions to Distribute Four Down Executive Produced by Dwayne Johnson and More Gala, one of the leading innovators in blockchain gaming and music, has announced the launch of Gala Film. This new vertical from the world-leading Web3 company continues the brand’s commitment to providing fans with unique opportunities to enrich their experiences coupled with amazing programming and exciting projects. With this announcement Gala Film also shared they will partner with Oscar-nominated and Emmy Award Winning Stick Figure Productions to present FOUR DOWN, a feature-length documentary directed by award-winning filmmaker Steven Cantor based on the New York Times best-seller NOT WITHOUT HOPE, written by Nick Schuyler and Jere Longman, and executive produced by Dwayne Johnson, Dany Garcia, and Hiram Garcia on behalf of Seven Bucks Productions, as well as Nick Schuyler. Upcoming projects/partnerships A partnership with Ai&Aiko, one of the most popular GIF lines in history was awarded GIPHY’S Number 1 Artist of the Year with over 48 billion views and holds 4 Guinness World Records. This will see Peter Draw’s simplistic and charming visual storytelling brought to life through the Gala Film platform A partnership with Filmmaker and Actor, David Bianchi (“True Story’’ Netflix, “Resident Alien” Universal / Peacock) and founder of Exertion3 (a blockchain film production company) to produce Live Action Sci-Fi Series “RAZOR” for the Exclusive Blockchain Release A partnership with Battle Island in the production of their animated series ‘Ghosts of Ruin’ (see more here) ‘Making the Chronic’ - a series of 16 short films where Snoop Dogg narrates each of the tracks on his album released through Gala Music The core benefit of Gala Film is its ability to offer a ‘Watch and Earn’ mechanic through the same blockchain technology that underpins Gala Music’s ‘Listen and Earn’ and Gala Games’ ‘Play and Earn’ ecosystem, offering fans ways to earn rewards through nodes and NFTs. With Gala Film, fans now have the power to actively participate in the content they consume, take control of their entertainment through digital ownership, and support new projects by voting on script choices or casting. Filmmakers and artists can also reclaim their creative license through a deeper connection with their audiences and the ability to distribute their content directly to the people that want to watch it. By adding film alongside its successful music and games platforms, Gala is also able to offer an interoperable ecosystem where fans can benefit from crossover content. Sarah Buxton, COO of Gala, said: “The launch of Gala Film marks the beginning of a new era in Web3 entertainment, led by Gala. Our ecosystem offers exceptional involvement and access to new launches, with fans able to enjoy unique experiences, empower creatives and get rewarded for doing so. We are committed to delivering fan-first entertainment, where technology is used to improve fan experiences without ever becoming a barrier to entry or enjoyment.” About Gala Gala is a world-leading Web3 entertainment company that uses blockchain technology to power digital ownership and rewards, creating a revolutionary new way of building and consuming entertainment. Launched in 2019 with Gala Games, Gala is the parent company of Gala Games, Gala Music, and Gala Film. The vision brings all three brands together in the shared pursuit of offering fans unique and immersive experiences powered by Web3. Gala also gives creative license back to content creators and emerging talent with a direct route to fans and the ability to offer genuine involvement in new projects. For more information visit: https://gala.com ContactsMaggie [email protected]
9h agocryptodaily
10x During Inflation? Only In DeFi: Uniglo (GLO), Shiba Inu (SHIB), Binance Coin (BNB) Explained

Double-digit inflation currently ravages most economically developed countries and has dominated headlines globally. People have seen their purchasing power drastically reduced, and if they have not seen wage increases in line with inflation, they have taken a significant pay decrease. In this troubled economic time, one sphere continues to develop and grow increasingly fertile: DeFi (decentralised finance). This nascent economic sphere is continuously evolving and increasing its value proposition as it becomes a viable opponent of TradFi (traditional finance) and ushers in a new age of transparent and more equitable finance. The potential for growth in DeFi is incredible, and many investors see huge gains on their investments. Uniglo (GLO), Shiba Inu (SHIB), and Binance Coin (BNB) have been earmarked by several crypto analysts to enjoy serious gains in the coming months. Uniglo (GLO)Uniglo represents a new approach to currency. With inflation destroying the actual value of fiat and market volatility making crypto a highly unstable store of value, the need for a new store of value became glaringly apparent. GLO is a community-owned currency that builds on the strategy employed by the rich to preserve their wealth; asset ownership. Uniglo features buy and sell taxes, 5% goes to the treasury fund to acquire a blend of digital, real-world, and NFT assets to give GLO a stable value-backed floor price, and 2% of each transaction is burnt. This hyper-deflationary token backed by tangible assets is a perfect hedge against inflation. The Uniglo vault will hold stablecoins to protect against volatility, large-cap cryptos to benefit from long-term price appreciation and a selection of high-end physical investments that ordinary investors typically cannot access due to capital requirements. In the prevailing market conditions, the potential for Uniglo to grow is colossal, and this crypto is one of the most exciting prospects for 2022. Shiba Inu (SHIB)Shiba Inu’s native DEX (decentralised exchange) Shibaswap continues to attract increasing amounts of capital, and the other ecosystem tokens, BONE & LEASH, are being used to generate revenue. The SHIB Army are busy earning yields. With promises of a new decentralised stablecoin and a collectable card game soon to be released, this DeFi ecosystem is flourishing. SHIB is undergoing a massive burn event with more than 400 trillion tokens burnt and counting. With a drastically reduced supply, the token’s price is being pushed up and is an excellent choice for investors who want to partake in the lucrative realm of DeFi. Binance Coin (BNB)BNB is the utility token of Binance, the world’s leading exchange ranked by volume, and the native token of the BSC (Binance Smart Chain), the second largest ecosystem within DeFi. This token sits fifth ranked by market cap and is what many analysts call a ‘blue chip’ crypto project. With Binance holding a quarterly burn, the total supply of BNB is decreasing. This token opens the door for the investor to participate in the BSC ecosystem, which hosts PancakeSwap, the most popular DEX by visitor count. Here investors can earn yield with their digital assets, and BNB, trading at $284, will meet its next critical resistance at $336. The bulls are in control, and the next bull market cycle promises incredible gains for BNB holders. Find Out More Here Join Presale: https://presale.uniglo.io/register Website: https://uniglo.io Telegram: https://t.me/GloFoundation Discord: https://discord.gg/a38KRnjQvW Twitter: https://twitter.com/GloFoundation1 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
17h agocryptodaily
Raullen Chai says IoTeX and MachineFi Lab support the Ethereum merge
Citi Group calls the merge the most significant in crypto history since bitcoin launched JP Morgan analyst say that thanks to the merge, crypto has found its floor The news comes ahead of MachineFi Lab’s historic W3bstream launch IoTeX and its core developer MachineFi Lab have announced they are prepared to fully support the Ethereum Merge, which could happen as soon as 19 September 2022. IoTeX is among several other blockchain projects that have come forward, announcing its solidarity with Ethereum's Proof-of-Work (PoW) to Proof-of-Stake (PoS) switch. "The Ethereum merge is one of the most long-awaiting events recently in the crypto and blockchain space," said IoTeX CEO and Co-Founder Raullen Chai. "The entire IoTeX team and I are very excited about Ethereum's transition to a Proof-of-Stake protocol and have ensured we are technically, completely ready ahead of time to support the merge." Chainlink announced it would not support any PoW Ethereum forks and would only support the Ethereum PoS. It called for caution, warning that PoW-deployed smart contracts could behave unexpectedly during the merge. Tim Beiko, the Ethereum developer, leading the software development for merging the current Ethereum blockchain with the Beacon chain, a new proof-of-stake consensus layer, said Ethereum users would unlikely notice any differences in the network's operation. Kraken Intelligence's most recent Monthly Market Recap and Outlook says investor confidence in Ethereum is rising. At the same time, ETH volatility has decreased ahead of the merge, an upgrade that makes Ethereum more environmentally friendly. Chandler Guo, a prominent Chinese Ethereum miner, has expressed opposition to the merge announcing plans to hard fork, a move that Tron's Justin Sun has backed. New York-based banking giant Citi Group also commented on the merge, one of the most significant events in crypto history since Bitcoin launched. The financial institution said that ETH would transition into a deflationary asset among the consequences of the merge and set it on a potential road map to greater scalability through sharding. CoinShares released a report saying, "institutions are flocking to Ethereum for seven straight weeks as the merge nears."Ethereum saw inflows totaling US$16m and is enjoying a near seven-consecutive-week run of inflows totaling US$159 million," the report adds. "We believe this turn-around in investor sentiment is due to greater clarity on the timing of The Merge where Ethereum shifts from proof-of-work to proof-of-stake." According to a Business Insider article, JPMorgan analysts believe cryptocurrency has "found a floor." They argue that the "real driver has been the Ethereum merge and positive data following the launch of the Sapolia testnet in early July and Ropsten testnet in June, indicating the merge is viable in 2022." Investors highly anticipate the upcoming event, it added. The news comes ahead of MachineFi's impending W3bstream release. Launching the world's most advanced data oracle is another milestone in the crypto space that will disrupt the IoT sector by providing a decentralized alternative for the internet connectivity of billions of intelligent devices. As stated by Samsung Next, Draper Dragon, and Escape Velocity Ventures, MachineFi Lab investor, this new digital asset category will undoubtedly shake the Web3 reward economy. It will give back control to billions of people of their data and empower them with revenues of up to $3,000 annually, a figure that will significantly increase over time. 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 agocryptodaily
Uniglo (GLO) Offers An Amazing Roadmap And Whitepaper That Could Compete With Shiba Inu (SHIB) And Fantom (FTM)

Hidden crypto gems. Small cap crypto projects that go on to become giants in the sphere. Everyone knows the famous Bitcoin pizza story where one man traded 10,000 Bitcoins for two pizzas. Long-term holders of BTC have grown incredibly wealthy, specifically those who bought in prior to 2013. However, as Bitcoin has matured as an asset, its old mania phases have disappeared. The new projects with insane growth potential are all small cap altcoins, and this is where investors must search if they want to find the next hidden crypto gem. Two classic examples are Fantom (FTM), traded at $0.01 at the start of 2021 and hit a peak of $3.40 later that year in November, and Shiba Inu (SHIB), which saw gains of more than 46,000,000% in 2021.A new Ethereum-based protocol called Uniglo could be the next crypto unicorn with an impressive whitepaper and roadmap. This new social currency could outpace both Fantom and Shiba Inu; currently, in its presale, Uniglo has the potential to be a top gainer in 2022. Uniglo (GLO)Uniglo is a community-owned token backed by a treasury. This year has seen inflation soar and massive price volatility in the digital asset sphere. With a choice between fiat with its constantly eroding value or cryptocurrency with huge volatility, investors struggle to find any store of value where they can preserve their wealth. Uniglo builds on the techniques used by the ultra-wealthy for generations, storing wealth in assets, and uses blockchain technology to introduce a new form of currency. The GLO token will have a tangible asset backing with the Uniglo Vault holding a range of digital, real-world, and NFT assets. The Vault will hold stablecoins to protect against volatility, large-cap cryptos such as BTC & ETH to benefit from long-term price appreciation, digitised gold, and as asset tokenisation grows in popularity, more and more real-world collectables. The GLO token represents a treasury that allows investors to preserve their wealth and derive the benefits of asset appreciation. This new token will launch in Q4 later this year, and it could be one of the most exciting launches of 2022. Fantom (FTM)An established player in the DeFi (decentralised finance) ecosystem, Fantom’s mainnet, the Opera Network, is favoured by DeFi enthusiasts and has one of the most colourful ecosystems of any layer one project. This ultra-scalable network quickly powered its way through the rankings in 2021 as more and more investors and developers flocked to the Opera Network.FTM, the native token, currently trades at $0.32, and although the current price is still a great entry point, those lucrative early gains have already disappeared.Shiba Inu (SHIB)Shiba Inu is a token that dominated headlines across the world in 2021. It is a brilliant example of market psychology. SHIB enjoyed a meteoric rise on the back of two events, the rumour that RobinHood would list it and Elon Musk tweeting about the token.SHIB certainly still has potential, but the probability of it making another blistering run like 2021 is low. The early adopters have been rewarded; gains can still be made, but life-changing gains cannot be. Find Out More Here Join Presale: https://presale.uniglo.io/register Website: https://uniglo.io Telegram: https://t.me/GloFoundation Discord: https://discord.gg/a38KRnjQvW Twitter: https://twitter.com/GloFoundation1 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
1 day agocryptodaily
WIN NFT HERO to Bring Engaging Gaming Experience with New Features and Rewards
Singapore, Singapore, 9th August, 2022, ChainwireWIN NFT HERO strives to bring an exceptional play-to-earn (P2E) gaming experience to users in the GameFi space with new features and rewards. P2E has been the latest trend in GameFi since last year. However, during recent months, GameFi appeared to have taken a dip in the polls due to most blockchain games putting too much emphasis on “earning.” Because earnings aren’t guaranteed, it began to deter players from an all-around good gaming experience. Yet, since GameFi is still generally considered the entry into the metaverse, investor confidence in the industry hasn’t deteriorated too much over short-term market swings. As GameFi is embracing a new stage of development, TRON's blockchain game WIN NFT HERO looks set to take the lead and bring a next-level P2E gaming experience. Built on the TRON blockchain, WIN NFT HERO is a "GameFi+NFT" turn-based strategy game where users fully own their in-game NFT assets, such as heroes and equipment. Allowing players to win various in-game assets for free and trade them in the official marketplace, the game is dedicated to building a "free-to-play" TRON metaverse. The hero NFTs consist of five elements: quality, attribute, class, skill, and bond. Although each hero has their position, both short-range tanks and long-range attackers are indispensable in winning combats. Moreover, heroes of the same class or gene form bonds, which substantially boosts the squad's performance in combat. To perform better in combat, players must create strategic plans in advance: select different heroes, arrange their positions, choose the appropriate equipment, and build bonds. As for the gameplay, WIN NFT HERO now offers four modes: Adventure, ALLSTAR, Dungeon, and Mission. Exciting rewards are available in each mode, allowing users to enjoy P2E fun in explorations and combats. Moreover, as the metaverse is continuously being perfected, WIN NFT HERO will introduce more game modes to meet users' demands. WIN NFT HERO is currently embarking on a new round of closed testing alongside testing events offering generous rewards. As the game progresses to a new milestone, more rewards for early birds will be released. Stay tuned for more details in the coming weeks. About WIN NFT HERO WIN NFT HERO is a “GameFi + NFT” 3D cartoon-style turn-based strategy game launching soon. WIN NFT HERO is designed to allow the exchange of various heroes and equipment on the market to acquire strong spells and skills, which players can then use to win battle rewards. WIN NFT HERO | Twitter | Telegram | Discord ContactsBilly [email protected]
2 days agocryptodaily
Democratising NFT Whitelisting Puts Web3 Closer To Advancing The Creator Economy
The current state of decentralised markets and the global Web3 community is more complex than ever before, and it has not been getting any easier to grasp. The reason for this complexity is the different levels of innovation and market capture of NFT & crypto projects in the space. For one, there are legacy ecosystems showing little visible innovation, such as the BTC ecosystem; on the other hand there are networks like Avalanche which have nothing but performance and efficiency in mind when orchestrating their operations. Exponential innovation that many strive towards happens in the labs of such projects. A contrast in Web3 projects of this kind, just like in most other industries, can create quite a disorder in the communities surrounding this space. Problems With The Current NFT Whitelisting Practices As most of us are aware, communities, especially in Web3, are the gears powering advancement and progress, because the existence of lightning-fast feedback loops can help a given project excel and fix problems quickly. However, there is not much one can do to decrease the aforementioned innovation and engagement contrast seen in today's decentralised environment - what is possible, however, is being able to adapt to it and turn smaller niches within Web3 toward stability, which communities need today. Whitelisting of NFTs has come a long way since the first baby-steps of these unique on-chain items in 2017, when projects like CryptoKitties came to market, but the characteristics of the average NFT whitelist haven't been improved a whole lot. In a conversation with a dedicated NFT enthusiast, you may find out how difficult and often unfair NFT launches can be - you might start hearing complaints about front-running bots, whales, and similar malicious parties ruling the releases of NFTs, or how projects themselves pay little attention to how well-distributed the allocations really are. Reportedly, seas of NFT newcomers have experienced similar issues. NFT markets have been flooded with lottery-based lunches that don't provide the right incentives, projects that can't manage to communicate honestly and efficiently with their audience or those that use the outdated first-come-first-served model, and, of course, those who rug-pull. Preventing Further Downsides Such projects and methods of whitelisting are doing nothing but dragging the reputation of NFT initiatives that do meaningful work and have some level of underlying value behind them. So far, there has not been a clear pathway to stopping this. NFT & crypto communities are demanding more from projects by the day, but the flawed inner mechanics of NFT collection whitelists prevent advancements that could change the space for the better. Simply speaking, the obvious solution might be to try and solve the foundation on which the standard way of launching NFTs is built, and enable fairer and more accessible drops from there. A new foundation could potentially be built with new motivations and incentives offered to different kinds of participants. For example, the first-come-first-served and lottery-based models could be replaced with certain competitions or prediction events that would create a challenge and reward participants putting in the most effort with allocations. Instead of continuing the operation of mechanics that can damage inexperienced or easily-persuaded individuals, a given NFT project may search for alternatives for launching NFTs in a fair manner - in ways that do not clash with the key values of decentralisation. Only recently new and unique projects started paying attention to the NFT whitelisting fairness issue, and some progress has already been made. SparkWorld* & Fair NFT Distribution One of the most influential projects in this largely untapped niche is SparkWorld*, a UK-based upcoming inventive NFT launchpad with its core built on prediction events on the AVAX blockchain. The goal of SparkWorld* is one that resonates deeply with this article's topic - igniting fairness, proper rewards, and fun within the NFT market. One of the key highlights of SparkWorld* is its invention of an entirely new set of on-chain mechanisms - Fair Prediction Launches - created for reducing the overall dependence on the aforementioned first-come-first-served model, providing access to all enthusiasts, helping prevent market manipulation, and creating never-before seen levels of transparency through its due diligence processes. Some of the most troubling aspects of NFT launches today are poor distribution methods - members have no choice but to trust some third-party to handle transactions, especially in lottery-based launches, which tends to create imbalance in distribution and favour some parties better than others. Benefits of Unique Gamified Markets SparkWorld*'s on-chain prediction events will store the data of NFT launches on the public ledger, providing full transparency to every member or passer-by. Moreover, many enthusiasts and innovators in the field have noticed a curious pattern in the decentralised markets - projects that add some gamification elements to their ecosystem tend to perform better in terms of fair distribution and longer-lasting members' engagement. Therefore, like many others, the SparkWorld* team has started putting effort into gamifying its already robust prediction events-based ecosystem to increase the chances of higher engagement on its NFT launchpad. The way the SparkWorld* operation flow is structured forces the team to think about achieving an equilibrium in the number of different types of users - both members and NFT projects. For regular members, SparkWorld* will have to provide meaningful motivations through the NFT prediction launches, and for the NFT projects themselves. Whitelisting With A Peace Of Mind NFT projects that get onboarded in the SparkWorld* ecosystem will go through a due diligence process that involves a bit of team-doxing for transparency, as well as a careful infrastructure review of each project. Verification and due diligence processes can invite more centralization to a project, but in this case, it is done to ensure fairness and member equality within the ecosystem. In a modern economy, even a decentralised one, being anonymous when making a transaction or providing a service, is not very beneficial considering every internal and external party involved. After an NFT project is approved and onboarded by SparkWorld*, prediction campaigns can begin: all a member will have to do to get involved is set the prediction stake, set a few parameters, and make the prediction - depending on the prediction's accuracy, rewards get distributed. Members on such a platform will be able to enjoy a level playing field created with Fair Prediction Launches, an engaging community where rewarding events are hosted regularly, and an ecosystem that has significantly less malicious front-running bots involved - courtesy of Fair Prediction Launches as well. Conclusion With unfairness and the greed of whales decreasing across different NFT projects, there is hope for the creator economy to accelerate even further. It is quite a challenge to programmatically force members, NFT projects, and creators to be fair to each other, but when the process is gamified and made even more rewarding, there is simply no place for malicious actors. Projects have already started implementing SparkWorld* technology in their ecosystems to ensure participant equality in NFT launches, and despite the SparkWorld* Mainnet not being released just yet, interest is building by the day. Find out more about NFT launch fairness by visiting SparkWorld.io, follow the project's Twitter feed, and prepare for the upcoming release of their Mainnet! 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
2 days agocryptodaily
What Makes a DeFi Platform Credible?
Despite being around for several years, the DeFi space is still a mystery to many. New investors often wonder what makes one DeFi platform more credible than another one and what makes them credible in the first place. That’s exactly what we’re going to explain in this article. However, to help you understand how legitimacy works in the DeFi sphere, we have to look at what CeFi credibility looks like. Read on. What Makes CeFi Platforms Credible? Suppose you want to use the services of a platform based on traditional and centralized finance. What would you do to check if the service is the right choice for you? The most likely scenario is that you would check for official certification and reviews from other people, including industry professionals. So here’s a list that we all need to pay attention to when it comes to checking the credibility of a CeFi platform. Overall reputation — First of all, we need to see what other people are saying about the platform. If a bank doesn’t have a good reputation and many agree on this, we will think twice about using its services. User and professional rating — There are many sites where users can rank businesses, including various CeFi products and services. Checking their overall ranking, including rankings from industry professionals, always pays off in the end. Official certifications from official regulatory bodies — Finance is highly regulated in all countries around the globe. Audits from independent companies — You need to check if the service is audited and, thereby, trustworthy. Security and history of security breaches — Like it or not, many platforms are under cyberattacks all the time, but some of them fend off the attackers much better than others. DeFi Works a Bit Differently DeFi adds another layer of credibility and trustworthiness, which is hard-coded in the underlying structure of DeFi protocols. Most of them are based on blockchain technology, which, by itself, is already credible and trusted by people around the world. Simply put, blockchain adds a layer of security that is next to impossible to breach. Decentralized services aren’t operated by a single entity but rather by a community, which makes them even more trustworthy. But the real question is: is that enough? Even if they’re built on the blockchain, these DeFi protocols can still have some flaws that may be exploited by individuals or organizations that are part of them. Therefore, in addition to just trusting blockchain to do its part, we also need to check for other things as well. Under “other things,” we mostly mean certificates and licenses. As the DeFi space is getting recognized in jurisdictions around the globe, many committees have been created to ensure the maximum security and trustworthiness of DeFi projects. On top of that, auditing companies and organizations nowadays also specialize in checking DeFi projects, ensuring they’re not doing anything illicit. A DeFi project called Aurigami has been audited three times and has a clean record, which means it’s safe to use its services or even invest in it. That’s especially relevant for platforms such as Aurigami, which is an online crypto protocol for lending, borrowing, and earning interest. Decentralized protocols are created to be community-operated, and that’s why we also cannot exclude the aspect of people reviewing DeFi protocols. Therefore, it’s always a good idea to check what other people are saying about the DeFi service you want to start using. Final Thoughts: DeFi Platforms Will Always Have an Additional Layer of Credibility The DeFi space is expanding rapidly, and millions of people are already using many DeFi protocols, as they consider them more useful and, after all, more credible. Whenever we want to check the credibility of a DeFi service, we need to pay attention to all aspects that we would usually check in a platform based on traditional finance, including audits, security, certificates, and more. If all of these boxes are checked, we can always enjoy the additional layer added by the distributed ledger technology, which makes DeFi protocols even more credible and secure. After all, that’s one of the primary reasons why an increasing number of people are turning away from centralized and towards decentralized finance. 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 agocryptodaily
DeFiChain Community Brings Attractive Rewards For DFI ERC-20 Pairs on Uniswap
Singapore, Singapore, 7th August, 2022, ChainwireDeFiChain, the world’s leading blockchain on the Bitcoin network dedicated to bringing decentralized financial applications and services to everyone, is thrilled to announce that its community has voted to offer lucrative liquidity mining rewards for the ERC-20 format of its native DFI token pairs on Uniswap. The proposal put forth by DeFiChain’s Lead Researcher received more than 96% votes in favor. DeFiChain has allocated one million DFI tokens from the Community Fund to incentivize liquidity mining for the DFI-ETH, DFI-USDT, and the new DFI-USDC pairs on Uniswap. The Community Fund receives a small percentage of the block rewards and has accumulated over 27,092,291 DFI tokens, which are available to anyone interested in developing on the DeFiChain blockchain. However, funds are only released if more than 51% of the nodes agree to the proposal. Masternodes are eligible to sign a message to either agree or deny a proposal. With leading exchanges like Bybit and KuCoin now supporting DFI in ERC-20, the DeFiChain community voted to increase the token’s utility in the ERC-20 format. The incentives are aimed at increasing the trading volume of the ERC-20 format of DFI, and boosting the visibility and awareness of DFI in the wider DeFi ecosystem. The increased trading volume should also encourage more adoption of DFI by other exchanges and services. Santiago Sabater, the CEO of DeFiChain Accelerator said, “With the new liquidity pools and the various upcoming projects to increase the utility of DFI on ERC-20, DeFiChain’s adoption is growing massively. DeFiChain is opening the gates to offer its decentralized assets such as decentralized stocks, commodities and ETFs to the whole DeFi community on the Ethereum blockchain. This will result in massive capital inflows, pleasuring DeFiChain’s investors while creating new use cases for Ethereum users.” The liquidity mining rewards will be distributed in the following manner: DFI-ETH pair at 0.5 DFI per Ethereum block DFI-USDT pair at 0.25 DFI per Ethereum block DFI-USDC pair at 0.25 DFI per Ethereum block In total, one DFI token will be distributed per Ethereum block. Just like DFI emission rate on DeFiChain mainnet, block reward is scheduled to reduce by 4% every 7 days (in blocks) starting 9AM UTC on August 22. Before that, rewards will only be distributed at a constant rate of 1% of the above rates. It is estimated to allow the reward to sustain well over a year. A smart contract will be published on Ethereum mainnet that allows the rewards to be paid out in accordance to the schedule. Upon publishing of the smart contract, DFI will be placed in the smart contract in tranches, for safety reasons. An accompanying decentralized app will be launched for liquidity providers to take part in the liquidity mining program. About DeFiChain DeFiChain is a decentralized Proof-of-Stake blockchain created as a hard fork of the Bitcoin network to enable advanced DeFi applications. It is dedicated to enabling fast, intelligent, and transparent decentralized financial services. DeFiChain offers liquidity mining, staking, decentralized assets, and decentralized loans. The DeFiChain Foundation's mission is to bring DeFi to the Bitcoin ecosystem. ContactsBenjamin [email protected]
3 days agocryptodaily
The Fastest Millionaires Were Made In Crypto. Uniglo.io (GLO), Kava (KAVA) And Radix (XRD) Could Create The Next Wave
It used to take a long time to become a millionaire with any kind of investment. Unless you won the lottery overnight, investors often looked at their portfolio and hoped it could grow 10% or so a year. While there were always stories of people who invested in the likes of Apple in the 80s, you still would have needed quite a large sum invested to become a millionaire. Not with crypto, where a new generation of investors have been created almost overnight. Much, much quicker than the world has ever seen before. You've probably seen some of these stories before. The people who lost millions of BTC on an old hard drive. Or those who spent 12 BTC to buy a pizza. And for those losers, there were winners, too. Like those who bought BTC for $0.10 and simply held. The rapid rate of growth in the likes of Bitcoin and other cryptocurrencies over the last few years have re-written the script on the sort of upside possible from investments. Now millionaires really can be made quickly, with crypto. You might think your chance to make this kind of money is gone, with BTC already enjoying massive price gains, you might think it's too late. There's still a future for Bitcoin, but that might not be the best place to put your money right now. It might be slightly harder to become a crypto millionaire right now, in the current bear run. But it isn't impossible. And even if you don't end up making Lambo money, the right crypto investments right now could set your investments up for a fruitful future. One that's way stronger than if you have invested in traditional ways (with far less upside). Yes, there's still risk in crypto. But if you want to get rich from it, you might have to take those risks. Here are 3 tokens that could create the next wave of crypto riches: Uniglo (GLO) Uniglo is arguably the best coin many analysts have seen for some time. It's a community-driven deflationary token that has full and solid asset-backing. This gives it a price people can have real faith in, and isn't over-reliant on the performance of any one asset. It could be the answer to the globe's inflation issues. Kava (KAVA) Kava is extremely fast, something that makes a big difference in crypto with much of the market criticising the speeds of some of the more popular blockchains. It's an extremely scalable development environment that allows open-source scope and has a ton of upside for the future of crypto. It's currently available at around $2, which experts think is a great price with a ton of upside. Radix (XRD) Radix, or "Radically Different DeFi", clearly aims to be different. Their platform helps developers build solutions risk-free and quickly. It's also easy to scale and offers key rewards for coders working on the platform. There's a ton of interesting stuff going on with Radix, and it could be home to some future groundbreaking projects. That's why analysts recommend it for your portfolio immediately. Conclusion Analysts really like GLO, XRD and KAVA for your portfolio. Whether they can be the next millionaire-makers remains to be seen. But they've almost certainly got strong futures, so check them out. Find Out More Here: Join Presale: https://presale.uniglo.io/register Website: https://uniglo.io Telegram: https://t.me/GloFoundation Discord: https://discord.gg/a38KRnjQvW Twitter: https://twitter.com/GloFoundation1 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
9 days agocointelegraph
Croatian retail giant sees rise in crypto payments despite the bear market
Croatia has been enjoying the growing cryptocurrency adoption despite the ongoing crypto winter, Konzum's director of business applications Ines Barbir said.
11 days agozycrypto
Bitcoin Enters Full Accumulation Season, With Shrimps and Whales Seizing Their Share Of The Pie
Bitcoin has enjoyed a small rally, but pundits are making a case for even more significant gains for the most prominent cryptocurrency.
16 days agocryptopotato
Gate Io Introduces Industry Leading Market Maker Rebates, Restructured Discount Tiers
[PRESS RELEASE – Majuro, Marshall Islands, 25th July 2022] Gate.io, one of the leading global cryptocurrency exchanges, recently announced an update to its VIP and Market Maker tiered rebate scheme. Market makers can now enjoy maker rates as low as -0.012% in the MM tiers and a 0% Maker fee in VIP tier levels 10 […]
16 days agocointelegraph
Square Enix partners with Enjin to launch Final Fantasy VII collectibles
Fans can pre-order Final Fantasy VII’s 25th-anniversary figures at the Square Enix store, while the digital collectibles will be available in 2030.
20 days agocointelegraph
Delphi Digital: How to get gamers to accept the integration of NFTs
Delphi Digital outlined that games could provide a core free-to-play experience for anyone to enjoy, while incorporating NFTs as part of expanded experience..
22 days agocointelegraph
What is Enjin (ENJ) and how does it work?
As an ERC-20 compatible token, Enjin, a cryptocurrency introduced by the Enjin corporation, may be transmitted and received using an Ethereum wallet.
22 days agonulltx
A Scavenger Hunt Hackathon: Findora’s Unique Approach at EthCC
Hackers at crypto conventions expect dimly lit areas where they are chained to their computers. Findora has a different approach for EthCC in Paris: let hackers enjoy the City of Lights as they build. Although anyone around the globe can compete to win over $5,000 in grand prizes, participants in Paris for EthCC will get […] The post A Scavenger Hunt Hackathon: Findora’s Unique Approach at EthCC appeared first on NullTX.
23 days agocryptopotato
Dutch Central Bank Penalizes Binance With $3.35M (Report)
The bank claimed that Binance violated the Dutch ML laws and enjoyed a competitive edge against firms with a DNB registration during the period.
25 days agocryptopotato
Latin Americans Most Bullish on Crypto, Ripple Study Found
Latin America and the Middle East is where crypto enjoys the most interest, while Europe is at the bottom, Ripple's analysis determined.
26 days agocryptosrus
Bitcoin whales still ‘hibernating’ as BTC price nears $21K
Covered: Altcoin rebound eyed as BTC price adds 11% Whales “waiting for moment to wake up” Bitcoin (BTC) hit $21,000 for the first time in several days on July 15 as markets enjoyed what one trader called “summer relief.” BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Altcoin rebound eyed as BTC price adds 11% Data […] The post Bitcoin whales still ‘hibernating’ as BTC price nears $21K appeared first on CryptosRus.
33 days agocointelegraph
How will NFTs bridge traditional gaming with blockchain? Enjin's CTO Witek Radomski explains
"There's also a hugely untapped mountain of gold in gameplay possibilities with NFTs," says Radomski.
35 days agocryptopotato
Bexplus Launches BTC Interest Wallet to Offer Passive Income for New Users
[PRESS RELEASE – Please Read Disclaimer] Recently, the price of Bitcoin(BTC) has been fluctuating continuously. Since the big volatility is scary, we can take a break in a safe haven to enjoy passive income by holding at this time.Bexplus has launched ways to minimize your risk while multiplying your profits – a wallet with an […]
55 days agocryptopotato
No Prison Time for BitMEX Co-Founder Benjamin Delo, Sentenced to 30 Months Probation
Delo had pleaded guilty to a single count of violating the Bank Secrecy Act (BSA) back in February.
55 days agocointelegraph
BitMEX co-founder Benjamin Delo avoids jail, receives 30 months probation
Delo was allowed to leave the country to travel to Hong Kong where he is a resident, bringing to a close his part in the legal saga which began in 2020.

About Enjin Coin

The live price of Enjin Coin (ENJ) today is 0.691817 USD, and with the current circulating supply of Enjin Coin at 896,399,955.57 ENJ, its market capitalization stands at 620,145,133 USD. In the last 24 hours ENJ price has moved -0.02583 USD or -0.04% while 20,573,176 USD worth of ENJ has been traded on various exchanges. The current valuation of ENJ puts it at #81 in cryptocurrency rankings based on market capitalization.

Learn more about the Enjin Coin blockchain network and how it works or follow the price of its native cryptocurrency ENJ and the broader market with our unique COIN360 cryptocurrency heatmap.

Enjin coin is a cryptocurrency (ERC-20 Token) and smart contracts platform created for game developers, content creators, and gaming communities. ENJ develops a powerful framework of open-source software development kits (SDKs), wallets, game plugins, virtual item management apps, and a payment gateway platform. You can check out the latest Enjin Coin (ENJ) price on COIN360.com. The Enjin coin price graphs, market capitalization and the latest news about the ENJ on COIN360.com.
Enjin Coin Price0.691817 USD
Market Rank#81
Market Cap620,145,133 USD
24h Volume21,236,340 USD
Circulating Supply896,399,955.57 ENJ
Max Supply1,000,000,000 ENJ
Yesterday's Market Cap601,326,900 USD
Yesterday's Open / Close0.696654 USD / 0.670824 USD
Yesterday's High / Low0.707663 USD / 0.657911 USD
Yesterday's Change
-0.04% ( 0.02583 USD )
Yesterday's Volume20,573,176 USD
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