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ICON(ICX)

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$0.177536
(1.39%)
0.00001035 BTC
Market Cap (Rank#156)
$163,240,968
9,513 BTC
Vol 24h
$3,302,481
192.458 BTC
Circulating Supply
919,483,096
Max Supply
800,460,000
5h agocryptodaily
DeFi and Web3 are Broken. Developers Can Fix it Using Blockchain 
Web2 and Web3 are similar technologies, but developers approach challenges differently. Web2 focuses on reading and writing content, whereas Web3 focuses on creating content. The latter utilizes blockchain technology to facilitate user information exchange and enhance security. Around 20,000 smart contract developers work full-time in DeFi and Web3, but it's a small number of the 27 million developers globally. At the same time, the number of Unique Active Wallets interacting with blockchain applications reached an average of two million per day. Still, compared to Web2 app Instagram’s 500 million daily active users and 4.2 billion likes per day - blockchain apps fight to onboard users. Ethereum and its Solidity programming language have long been the go-to choice for DeFi developers building financial services on the blockchain. However, DeFi on Ethereum has seen over $285m in hacks; the rewards could be more fairly shared, and Ethereum continues to be congested and expensive. These issues cause developers to hurry to alternatives like NEAR, Avalanche, and Solana to offer financial services. But unfortunately, they also spend countless hours ensuring their decentralized application is secure, only to wake up and realize bad actors drained millions of dollars of users' funds. At the same time, business leaders search the earth for people with the skills needed to build smart contracts and do whatever it takes to find users prepared to put up with the inferior user experiences presented by DeFi apps. Only to be further capped by network congestion and fees. As we rapidly enter the Web3 era, where value and data quickly move across decentralized platforms with distributed ownership and authority, entrepreneurs and developers need the tools to craft ideas and build quickly, easily, and safely. Moreover, if DeFi is to ever scale beyond crypto natives, developers in Web3 need standardized tools to build applications with user experience at the core. The argument for better DeFi Consumer saving and spending arguably power the world. As a result, we, the little guys, control the most critical parts of the global economy and financial system. The internet was all about information, but DeFi is about money - and in a world where cash is power, DeFi flips the model on its head. Most people these days spend and save using a bank, limited by regulatory compliance and further legacy issues. Web3 gives rise to a new way of doing things. New financial products built using smart contracts allow consumers to move between providers in seconds, all from the comfort of a mobile device. DeFi also creates more competition for building financial products by lowering the barrier to entry, sharing a user base between applications, and letting money move instantly and seamlessly between opportunities. The argument is that decentralized financial programs like Aave, Uniswap, and MakerDAO can directly control assets and allow financial products to operate 24/7, all year round, with 100% uptime and no staff, which will be appealing to end-users if presented in the right way. Sticky points Arguably the end-user experience of most decentralized apps leaves much to be desired. Blockchain wallets and asset custody, alongside a complex web of transactions and signatures, await beginners, while hardened veterans navigate the space with caution, often making mistakes. At the same time, according to DeFi Lama’s hack rankings, more than $700m was siphoned out of the crypto space in malicious attacks from the start of October 2022 to date. So if DeFi is to succeed, users must be able to trust and use the services offered in an intuitive, familiar, almost Web2 way. For that to happen, blockchain platforms must provide more incentives for Web2 developers and pioneers to leave a familiar world and embrace Web3. These incentives don't need to be financial but provide builders with the tools to deliver stunning products. Executives at tech giants like Google, Facebook, and Amazon will likely lead the way, leaving high-profile jobs at market-leading brands to take positions in the promising blockchain space. Polygon and Circle have hired top talent from tech firms, enticing them with the angle of working on the next big thing in Web3. Further Silicon Valley talent heading for crypto includes Sherice Torres, the former Chief Marketing Officer of Facebook’s crypto and payments team, Novi. At the same time, Amazon Cloud executive Pravjit Tiwana joined Gemini as its Chief Technical Officer. Add to this a series of mass layoffs in the tech sector, including Twitter, Amazon, and Meta’s dismissal of thousands of workers amidst the highest rates of global inflation seen for decades. This creates an incredible opportunity for businesses that previously wanted to expand their tech and payment capabilities but couldn’t because of the shortage of talent available. As a result, blockchain firms can now compete with recruiters from Silicon Valley for the brightest minds with a track record of taking products to market. Arguably, there has never been a better time to think about leaping into Web3 and DeFi development as more powerful tools, and no code solutions come online for those with a solid programming foundation. Playing around proves useful Gaming, and more importantly, the Unity game engine, led the way regarding the standardization of tools needed to build games. It gave game developers rendering and basic physics engines from which to build—altogether simplifying the process, lowering the barrier to entry, and making way for innovation and healthy competition. As a result, games got more complex while libraries of reusable art and in-game items became available for other developers to use creatively. As a result, developers, entrepreneurs, and users rushed in. With this straightforward invention of an engine and powerful tools, gaming grew bigger than music, TV, and film combined to become a billion-dollar industry. Ethereum has by far the most developers in the space, and according to DappRadar, more than 3500 dapps currently run from its smart contracts. The network is also the layer for many cryptocurrencies and blue-chip NFTs. However, as discussed earlier, Ethereum is no longer the sole player in smart contracts and Web3 development. Moreover, Ethereum doesn't offer developers plug-and-play solutions to build dapps. Instead, developers tend to fork existing applications, as was the case for Sushiswap, a fork of Uniswap. In this scenario, developers often take the bad UX from the forked application, choosing not to improve it. Ethereum is simply an industry-standard choice. However, as MySpace fell from its once high perch, and as competition increases and developers focus on end-users, other networks deliver solutions that entice Web2 builders to leap. There are solutions One blockchain stack applying the plug-and-play model outlined by Unity to decentralized finance and Web3 is Radix. The company, with its roots in the United Kingdom, has been working to deliver seamless DeFi for a decade and showcased its Radix Engine, which promises to be the Unity engine of DeFi, at an event called RadFi, where CEO Piers Ridyard laid bare the inefficiencies of DeFi. “Right now, crypto, DeFi, and Web3 are just one big glorified tech demo. For everyday people to use it, we've got to improve it radically.” Piers Ridyard, CEO of Radix At the virtual Keynote event, CEO Piers Ridyard also said what differentiates Radix is the fundamental shift in how the platform is built. The network features the world’s first programmable DeFi engine that takes concepts such as tokens and vaults and makes them native and fully interoperable. In addition, there’s a catalog of tools and pre-made solutions where Web2 developers can find helpful building blocks. The Radix engine promises to remove all the complex, low-level work that Web3 and DeFi developers spend 80% of their time on other platforms. Creating a programming language specifically for Web3 and DeFi called Scrypto, Radix hopes to tempt millions of Web2 developers into Web3. But, more importantly, provide them with a soft landing and the ability to build scalable DeFi products. Radix also claims they studied how bad actors were hacking applications built on public networks like Ethereum. For example, events such as reentrancy attacks, spend approval attacks, or signature manipulation attacks have cost the Ethereum ecosystem millions. The Radix Engine makes many of these attacks impossible, prioritizing asset security as a primary network operation, not an afterthought. Another Layer-1 blockchain trying to simplify the developer building process is Fuse Network, with its Charge product and Fuse Cash wallet. Charge takes a drag-and-drop approach to DeFi and payment infrastructure, partnering with ecosystem allies and matching them to build on their no-code platform. With a close focus on everyday payments and DeFi, Fuse and Radix are just a few of many teams out there trying to entice Web2 developers to embrace crypto and DeFi by helping them provide an experience similar to that of Web2 without investing years of study. Focus where it matters User experience in DeFi and decentralized apps has arguably suffered as brilliant people worked on the wrong problems. Successful Web3 developers may focus on pushing the boundaries of blockchain technology and the inner workings of finance and tokenomics. Still, it comes at the expense of genuinely usable applications that the mainstream user could adopt and feel safe using. Solutions like the Radix Engine could profoundly affect the industry and attract Web2 developers to build mobile-first, user-friendly applications delivering DeFi and crypto solutions. In addition, Web2 developers bring a wealth of user onboarding and knowledge that could hold the key to the mass adoption of decentralized applications. With tools becoming available Web2 developers can tap into battle-hardened code, spend less time on day-to-day app maintenance and security, and allocate resources to building beautiful applications that work, gain traction, and deliver a smooth user experience. In addition, web2 developers can join and complement the work already done by leading blockchain teams while not having to risk learning complex new programming languages. Another thing that attracts Web2 developer talent from big tech companies to Web3 is money. According to data from Blind, a social network for professionals, Coinbase offers as much as $900,000 a year for software engineers. At the same time, the average salary for Web3 developers ranges between $75,000 and $200,000. 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
Are The Twitter Coin Rumors True?
Speculations have been rampant about an upcoming Twitter Coin that could potentially take over Dogecoin’s current mantle as the native currency of the social media platform. Online Sleuths Uncover “Twitter Coin” Several self-appointed online technical sleuths have pointed out that a new native crypto token is in the works at Twitter. The crypto is being dubbed Twitter Coin, and word around the blockchain is that it could push out Dogecoin from the position of the native currency of the social media platform. Security researcher Jane Manchun Wong was the first to bring the possible new coin into the public eye. She extracted a code from a recent version of the Twitter web app, which featured a vector image of the “Twitter Coin.” She shared the image on her Twitter account along with an image of the Coins tab within Twitter’s Tips feature. Granted, Wong clarified that the Twitter Coin icon might not represent a native token necessarily, instead just be a visual representation of the platform’s crypto tipping feature. However, soon after, Wong’s Twitter and LinkedIn profiles were disabled. This added more fuel to the rumors about Twitter Coin, with some users claiming that she had been kicked off of Twitter because of what she shared. Twitter user Nima Owji, who runs an app-focused information leak account, also posted a screenshot of what appears to be a prototype Twitter interface showing a “Coins” option for tipping, along with a vector image showing a coin bearing Twitter’s logo. DOGE Accounts Suspended Other incidents on Twitter have also raised suspicion among the community. For instance, on December 3, Dogecoin CEO Billy Markus pointed out several DOGE-related accounts have been banned from the platform. He tweeted, “A whole bunch of accounts of people who, as far as I know, generally don't do anything but tweet memes and positivity are being suspended.” Elon Musk responded to the tweet that he was looking into it. He soon tweeted back that the matter was resolved and that the accounts were reinstated. He claimed that the error happened because the Twitter team had been eliminating spam or bot accounts. Could This Mean Trouble For DOGE? Some Twitter users and DOGE supporters are holding on to the belief that this could be an instance of the platform formally recognizing DOGE as Twitter’s official currency and that Twitter Coin is just another moniker for DOGE. However, if Twitter Coin turns out to be a standalone cryptocurrency, it could spell trouble for DOGE and even BTC. DOGE, especially, has always benefitted from Elon Musk’s open advocacy for it. If it were dethroned by a different crypto, that could spell a major blow to the memecoin, which owes a lot of its success to Twitter and Musk’s advocacy. 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.
9 days agocryptodaily
Real Spanish Football Federation Strengthens Its Web3 Presence By Launching Copa Del Rey Historical Moments With Realfevr
Lisboa, Portugal, 29th November, 2022, ChainwireThe partnership will allow football fans to collect unique video moments from Copa del Rey, a unique competition that features world-class players such as Maradona, Casillas, Messi, Cristiano Ronaldo, Zubizarreta, Futre, Neymar, Raúl, Iniesta, Hugo Sánchez, among others. RealFevr and the Royal Spanish Football Federation (RFEF), the highest governing body of Spanish football, announced today a three-year partnership for the gamification of historic and iconic moments of Copa del Rey. The partnership will allow the creation of exclusive digital collectibles showcasing memorable video moments of one of the most-watched football competitions. World-class football stars such as Diego Maradona, Iker Casillas, Lionel Messi, Cristiano Ronaldo, Thibaut Courtois, David Beckham, Gaizka Mendieta, Paulo Futre, Roberto Carlos, Neymar, Raúl, Andrés Iniesta, Hugo Sánchez, Gareth Bale, Santiago Cañizares, David Villa, Samuel Eto'o, Gerard Piqué and many others, are just some examples of players who fought for the ultimate Spanish cup. RealFevr has developed a decentralized Web3 platform that allows football fans to buy digital packs, collect historic video moments and sell them peer-to-peer (p2p) on the marketplace. The innovative Portuguese startup is currently positioned as one of the most experienced companies in this groundbreaking industry, having launched and sold out in a few hours several collections of moments, representing more than 145 thousand packs sold since the first edition launch. These moments not only can be collected, but also be used in their upcoming Web3 game: FEVR Battle Arena. The Royal Spanish Football Federation (RFEF) will become the first national football federation in the world to create official digital video collectibles from one of its competitions. This step towards innovation is fully in line with the 2020-2024 strategic plan of its current Board of Directors, which defends the professionalization, modernization, and digitalization of the organization as one of the great challenges. With the new format of the Copa del Rey, promoted 4 seasons ago, the tournament retains all its prestige and historical roots while it has gained in emotion, number of goals and attractiveness for spectators. “Progress is made one step at a time. And today, we proudly affirm being one step closer to the implementation of our vision, not just as a company, but also as an active contributor to the digital revolution in the sports industry. RFEF trusted us to take this massive step, becoming the first national football federation in the world to do so. And now, we will be able to bring beautiful pieces of Spanish football history to fans all over the world, in the form of digital collectibles.” said Fred Antunes, CEO of RealFevr. “Our agreement with RealFevr is great news for Copa del Rey fans around the world and will allow us to share with them historical moments of the competition that will be unique within the web3 ecosystem thanks to Realfevr's expertise and magnificent community of users.” stated Rúben Rivera, RFEF’s Marketing Director. The first RealFevr x RFEF drop of moments will be released in 2022, so all fans who are interested in growing their personal football collection should follow RealFevr and RFEF social media, or register their interest at www.realfevr.com. About RealFevr: RealFevr is a Portuguese startup responsible for launching the first football marketplace for NFTs, in video format. All digital collectible moments are fully licensed, thus having real intrinsic value. Based in Lisbon and created in 2015 with the aim of revolutionizing the Fantasy Leagues market, RealFevr has quickly established itself in the growing blockchain, NFTs, and cryptocurrency market. In addition to the exclusivity of collectibles in video format whose usefulness goes beyond the mere collector's perspective, these will also be playable items in Web3 games that the company is developing. $FEVR is the ecosystem's fuel, being the currency used to buy the drops. For more information, visit realfevr.com. About RFEF: The Royal Spanish Football Federation (RFEF) is the governing body of football in Spain. The federation organizes the most important tournaments, such as the “Copa del Rey”, the “Supercopa de España” and the women’s “Copa de la Reina”. With over 113 years of history, RFEF is now embracing a new path toward innovation in sports, seeing the professionalization, modernization, and digitalization of the organization as the main objectives. For more information, visit rfef.es.ContactHead of MarketingDelfim [email protected]
17 days agocryptodaily
Mattel Launches NFT Marketplace
The toy brand will be launching its own digital collectibles marketplace on its direct-to-consumer platform, Mattel Creations. Mattel Chooses Flow For New Marketplace After a few NFT collection drops on the WAX blockchain, Mattel has pivoted to the Flow blockchain to launch the Mattel Creations Digital Collectibles Marketplace. The move to the new blockchain comes from a desire to associate the brand with a more eco-friendly network. In addition, the Flow blockchain can also support consumer-scale decentralized applications that serve Mattel’s mainstream audience. Buyers will not need to hold cryptocurrency or even transact in crypto in order to make purchases on the Mattel Creations Digital Collectibles Marketplace. In fact, it will support a peer-to-peer trading platform so that collectors can trade collectibles with each other. Mattel Future Lab VP, Ron Friedman said, “Mattel is pioneering the future of play and constantly deepening connections with fans of all ages in both the physical and digital worlds. In launching our own marketplace, we’re able to translate iconic Mattel IP into digital art, engaging directly with our customers and providing a best-in-class user experience. This is the latest evolution of our digital endeavors, and we look forward to sharing more drops soon inspired by some of the world’s favorite Mattel brands.” Hot Wheels NFTs Move To Dedicated Platform The brand’s Hot Wheel NFTs have been quite popular among collectors and were launched on the WAX blockchain. Both WAXMarketCap and CryptoSlam have data showing that all previous Hot Wheels drops have brought in over $5 million in sales across 20,000 users on the WAX platform. In fact, the Hot Wheels collection is still maintaining its relevance on the blockchain. It is still one of the top 3 NFT sales by volume in the last month on WAX. However, the Mattel Creations NFT platform, which is formally launching in early 2023, will provide the marketplace needs for the toy brand. The iconic toy collection will be dropping its fourth series of digital collectibles, this time on the Mattel Creations NFT Marketplace on the Flow blockchain. The new marketplace indicates that the toy brand is determined to stick to its web3 efforts and reflects a reaffirmed interest in NFTs. Other Notable Marketplaces Quite a lot of major brands and companies have been launching their NFT marketplaces in 2022. Video game company GameStop launched its NFT marketplace back in July and quickly overtook the sales volume of the Coinbase marketplace. OpenSea, which has always been the number one NFT marketplace by trading volumes, was also overtaken by the Reddit NFT marketplace in October. Soon after, Meta announced that Instagram would be supporting the minting and sales of Polygon-based NFTs. 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.
20 days agocryptodaily
ThunderCore Kicks Off FIFA World Cup 2022 Fever With Themed DApps
Entertainment-focused Web3 ecosystem and layer-1 blockchain ThunderCore is launching a dedicated FIFA World Cup 2022 section to help users of its ultra-popular DApps get a crypto kick out of the global sports spectacle and may even choose their favorite teams. There will also be on-chain events held related to World Cup 2022, participate NOW!! ThunderCore is among the most used blockchains in the world, consistently holding a spot in the top 5 for daily active users on DappRadar. The chain boasts sub-second confirmation times and transaction costs at a fraction of a cent, which makes it a great match for gaming. It also has users in over 100 countries, many of whom are World Cup fans. The rapidly expanding blockchain has a history of supporting real-world sports and is looking to broaden its reach in the wider world of sports. Both ThunderCore and FIFA see the World Cup 2022 as a golden opportunity to introduce more people to Web3. ThunderCore for users ThunderCore focuses on onboarding users to Web3 through entertainment, and as importantly, retaining them. The blockchain is always looking for the next project that will give its community a new way to have fun and inspire them to come back for more. The ThunderCore ecosystem contains a diverse array of DApps to help users earn funds while they have fun. In addition to decentralized finance (DeFi) protocols and decentralized exchanges (DEXs), there are many non-fungible token (NFT) platforms and GameFi games on offer. With the FIFA World Cup, ThunderCore has been able to attract a large pool of developers to build related DApps. The blockchain developer community knows that if they create their projects on ThunderCore, they will reach a vast audience. And that means users have tons of variety when it comes to blockchain entertainment during the World Cup. During the 2022 World Cup period, ThunderCore has created a section in TT Wallet, exclusively for the World Cup-related DApps that can promote their features combining both sports and Web3. Users will be experiencing entertainment and excitement in conjunction with sports and the new technology. Here are a few DApps that will be participating in this event with us first TTCasino: Top 1 Web 3.0 casino on ThunderCore. 3000+ Games: Sports, slots, live casino, poker. Sofa Sports: Stand with your favorite team & predict the next goalscorer. Play in sofaSport as you are involved in the real competition. Fantastic football by E-verse: E-verse is a web3 ecosystem whose mission is to link Global blockchain projects with all potential blockchain entrepreneurs. ThunderCore for developers ThunderCore can claim to consistently have over 400,000 monthly active users, in addition to over 100,000 daily. It has maintained high user growth even during the bear market, and the team is committed to cross-promotions for its DApps. Every project in the ThunderCore community gets to benefit from the increased popularity of the underlying chain. Using its AI-powered recommendation algorithm, ThunderCore is always steering people towards exciting new DApps. Unlike most chains, where users tend to leave after they lose interest in a particular DApp, ThunderCore has an impressive ability to retain users. It relies on organic growth techniques to ensure a steady stream of newcomers. The chain also aids its developers with a $10M Developer Growth Fund, which carries new projects to completion with financial, technical, and operational assistance. For developers looking to build on ThunderCore, learn how to apply here. About ThunderCore ThunderCore is a powerful layer-1 blockchain and entertainment-focused Web3 ecosystem that delivers elite performance and cost-effective scalability for thousands of burgeoning crypto projects. Its proof-of-stake (PoS) architecture, EVM compatibility, entertainment-first ethos, and deep developer support provide a battle-tested home for the next generation of crypto innovators across Web3, DeFi, NFTs, GameFi, and the metaverse. Thanks to its unique PaLa consensus mechanism, ThunderCore can handle 4,000+ TPS with sub-second confirmation times and ultra-low gas fees at a fraction of a cent. ThunderCore Token (TT), the chain’s popular native asset, can be stored in the feature-rich TT Wallet, together with other supported ecosystem assets. Created in 2017 by Silicon Valley tech entrepreneur Chris Wang to help solve Ethereum’s scalability issues, ThunderCore is a rapidly growing and truly global chain, with up to 500,000 monthly active users in over 100 countries (DappRadar, December 2021). As demonstrated by the steady growth of its daily active users during a difficult 2022, ThunderCore excels at user retention by introducing people to more than just what they came for. This tendency to convert new users into old friends makes it the ideal blockchain partner for Web2 companies with strong user-acquisition abilities. Founder Chris Wang believes that this type of Web2.5 collaboration will be the key driving force behind the real mass adoption of blockchain. Institutional investors in ThunderCore include MetaStable, Hashed, Electric Capital, Huobi Capital, Pantera, Zhen Fund, Kenetic Capital, Arrington XRP, Capitaland, and Draper Dragon, among others. 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.
22 days agocointelegraph
Sam Bankman-Fried updates investors: 'We got overconfident and careless,' claims $13B leverage
"I was on the cover of every magazine, and FTX was the darling of Silicon Valley," said the former CEO on the crypto firm's path to bankruptcy.
23 days agocryptodaily
Ronaldo Dropping First NFT Collection With Binance
Football superstar Cristiano Ronaldo has launched his first-ever NFT collection in partnership with crypto exchange Binance. Ronaldo Announces NFT Drop Ronaldo has partnered up with the world’s leading crypto exchange in an exclusive, multi-year deal. It is a part of a global marketing campaign to introduce Ronaldo's extensive fanbase to Web3. The collection will drop on November 18 on the Binance NFT marketplace and will feature seven animated statues of the football legend, each capturing him in an iconic moment from his life. For example, his legendary bicycle kicks, glimpses of his childhood in Portugal, and more. Talking about his first NFT drop in a press release, Ronaldo stated, "It was important to me that we created something memorable and unique for my fans as they are such a big part of my success. With Binance, I was able to make something that not only captures the passion of the game but rewards fans for all the years of support." The five-time winner of the Ballon d’Or announced the collection launch on Twitter and urged his fans to join his Web3 community and own iconic moments from his career. More About CR7 NFTs These statues are all available in four levels of rarity - Super Super Rare (SSR), Super Rare (SR), Rare (R), and Normal (N). The collection will be up for auction for just a day, and anyone interested in buying a particular NFT will have to bid on it. The highest bidder will receive the NFT. The starting points for each level of rarity have been fixed, with the SSR level NFTs to start bidding at 10,000 BUSD and the SR levels to start bidding at 1,700 BUSD. Depending on the rarity level, there will be exclusive perks associated with the NFTs. Some of these include a personal message from Ronaldo, autographed CR7 and Binance merchandise, direct access for future Ronaldo NFT drops, complimentary mystery box items, or a direct entry into giveaways. Binance Co-Founder and CMO, He Yi, addressed the partnership and the collection launch, saying, "We believe the metaverse and blockchain are the future of the internet. We are honored to collaborate with Cristiano to help more people understand blockchain and showcase how we are building Web3 infrastructure for the sports and entertainment industry." Footballers x NFT There has been a growing trend of sportspersons and athletes stepping into the web3, mostly by launching their own NFT collection. In August 2022, Argentinian superstar Lionel Messi dropped the Merssiverse x Bosslogic collection in partnership with Ethernity Chain, featuring all of the footballer’s achievements, iconic moments, and future accomplishments. 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.
23 days agocryptodaily
TEAM VITALITY AND TEZOS LAUNCH V.HIVE, THE FIRST BLOCKCHAIN BASED SUPPORT-TO-EARN MOBILE APP IN ESPORTS
Paris, France, 15th November, 2022, ChainwireTeam Vitality is pleased to announce the launch of the mobile app: V.Hive, the first support-to-earn mobile app in esports based on blockchain. The pioneering mobile app is built on Tezos, the world’s most advanced blockchain and is available now on iOS and Android devices. This launch brings the Team Vitality community closer to the brand and its gaming stars than ever before, leveraging the power of Web3. The goal of V.Hive is to be the most advanced and entertaining fan engagement mobile app that rewards the community for supporting and championing Team Vitality. A seamless expansion of the eponymous Team Vitality HQ in the heart of Paris, V.Hive invites users to create their own digital identities as stylish insectoid avatars and customise them with exclusive wearables. Fans can earn rewards by engaging and supporting Team Vitality at events and on social media, and climb the V.Hive leaderboard by completing engagement quests. User rewards include limited edition merchandise, access to events, and once-in-a-lifetime experiences with Team Vitality players, such as the #1 ranked CS:GO player in the world Mathieu "ZywOo" Herbaut. On November 17th at 18:00 CET Nicolas Maurer, CEO of Team Vitality, will host a special live session on Vitality TV to discuss the launch of V.Hive and answer any questions fans have. The Co-founder will do a live demonstration of the application and explain everything that can be done: avatar customization, quests, rewards, and more, as well as reveal some surprises for the community. Team Vitality first announced their landmark partnership with the Tezos ecosystem in January 2022, one of the biggest in European esports history, and have since been building their community-first mobile app. In addition to engaging and rewarding the Team Vitality community, V.Hive has been designed to educate its fans on the Web3 universe and onboard them in a simple and accessible way. The brands have consistently delivered engaging content and drops for free to fans to onboard them ahead of the V.Hive launch. Phase 1 began with the launch of the V.Hive Pass in July which transformed into a mysterious egg in September ahead of hatching into user’s custom digital avatars for Phase 2, which began in October and introduced wearables, and concludes now with the launch of the V.Hive app! Movie The bees are on the move Tezos is the world’s most advanced and energy efficient blockchain, using proof of stake technology which has a significantly lower impact on the environment than proof of work technology, used by other market-leaders. The ground-breaking partnership will aim to engage the esports and gaming communities with blockchain and promote the sustainable development and use of the technologies. “We are so proud to finally launch our own app V.Hive! Our fans are digitally native and incredibly discerning when it comes to new technologies and platforms, so as we design V.Hive with Tezos, every feature we make or reward we introduce has to bring them real, and exclusive value. We believe Web3 and blockchain will play an important role in the future of the esports and gaming industry, and we can’t wait to start working even more closely with our amazing community.” said Nicolas Maurer CEO at Team Vitality. "Having worked closely alongside Team Vitality over the past several months on V.Hive, it is amazing to see the first fan-engagement mobile app coming to life on Tezos. I am thrilled to be part of this collaboration that directly empowers the Vitality fans, and I'm excited to see Team Vitality set an example of what fan engagement looks like in Web3.” stated Jan Albers, Head of Gaming Partnerships, Tezos Foundation. Download the V.Hive app now on iOS and Android Download pictures and mock up of V.Hive app here Watch the movie: The bees are on the move ENDS About Tezos Tezos is smart money, redefining what it means to hold and exchange value in a digitally connected world. A self-upgradable and energy-efficient Proof of Stake blockchain with a proven track record, Tezos seamlessly adopts tomorrow's innovations without network disruptions today. For more information, please visit www.tezos.com. About Team Vitality A global esports organization, Team Vitality is dedicated to the development of excellence and forging a new generation of esports athletes. Home to the world’s best players competing across eight games, Team Vitality’s goal is to dominate the European esports scene and become a serious contender at the biggest and most prestigious global tournaments. A worldwide recognised lifestyle and entertainment brand, Team Vitality and its talents have over 14 million followers across social media and carry industry leading partners including adidas and Tezos. Founded in 2013 by Nicolas Maurer and Fabien Devide, Team Vitality is headquartered in the heart of Paris in V.Hive, their state-of-the-art public esports complex, and its players train in V.Performance, a cutting edge facility in the iconic Stade de France. Team Vitality continues to expand beyond France, with presences in India and fields athletes and coaching staff of 16 different nationalities. Learn more at https://vitality.gg/en/, and follow Team Vitality on social media: Instagram: www.instagram.com/teamvitality Facebook: www.facebook.com/teamvitality/ Twitter: www.twitter.com/TeamVitality TikTok: www.tiktok.com/@teamvitality Twitch: www.twitch.tv/team/vitality YouTube: www.youtube.com/Team_VitalityContactDan [email protected]
24 days agocoindesk
NFT-Linked Sandals Worn by Steve Jobs Sell for $218,000
The iconic brown Birkenstocks were sold with a matching digital collectible on the Polygon blockchain.
28 days agocryptodaily
Filecoin (FIL) presale investors made millions - Here's how Orbeon (ORBN) Presale will break records
Savvy investors looking for substantial returns on their investments are increasingly looking to cryptocurrency as a way to meet their financial goals. There's one project which is attracting a lot of attention at the moment due to the expectations around its presale event, with a price surge of over 6000% predicted for the ORBN token, so let's take a look at why Orbeon Protocol might be on the cusp of exceeding the performance of another presale hit, Filecoin (FIL). >>BUY ORBEON TOKENS HERE<< Filecoin - Censorship-Resistant Storage Filecoin allows users to rent out the hard disk storage space on their computer and be paid in their native token &mdash; FIL. This functionality is built using blockchain technology, making Filecoin a decentralized storage network. Filecoin has big benefits when it comes to trust; by using Filecoin, its users can store their data on many devices across the world instead of placing a lot of trust in a single mainstream provider, such as Dropbox or Amazon Web Services. The project's potential was evident starting from Filecoin's whitepaper release back in 2014 (three years prior to the presale starting), meaning that the project generated a lot of hype, and during the ICO, it netted $52 million from Sequoia Capital, Andreessen Horowitz, and many investors from across Silicon Valley. Those investors who were clever enough to invest in Filecoin during the presale were able to get hold of FIL tokens at an incredible $5 each. As with many projects offering value early investment, patience was critical, but for those FIL holders who had enough belief to hold onto their tokens, they would have seen a 46x return at the all-time high price in the first half of 2021. Filecoin has since seen a significant drop back down to around $6, and with less adoption than was expected by many investors at this point, it's no longer seen as such a sound investment. However, it does show the huge payoff of getting in early on a presale for a strong project. Orbeon Protocol - The Next Huge Payoff? Orbeon Protocol (ORBN) is another project which shows some incredible promise by providing a decentralized crowd-funding platform for investors without VC-level funds to support promising businesses using equity-backed NFTs. This could unlock the massive combined capital reserves of the groups of smaller investors who cannot currently enter traditional seed rounds. The mission that Orbeon Protocol is delivering could revolutionize the way that businesses are funded and the access that smaller investors have to early-stage funding. By minting these startup opportunities as fractionalized NFTs, the everyday investor can support these companies for as low as $1. The Orbeon Protocol ecosystem is powered by ORBN, which provides governance and staking benefits, but also includes priority access to upcoming funding rounds and access to exclusive investor groups. This means that as more investors see both the huge market and amazing investment opportunities provided by Orbeon Protocol, the token price will naturally rise dramatically. Market analysts are already predicting a 6,000% rise in price during the presale to $0.24. Find Out More About The Orbeon Protocol Presale Website: https://orbeonprotocol.com/ Presale: https://presale.orbeonprotocol.com/register Telegram: https://t.me/OrbeonProtocol 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.
30 days agocryptodaily
Future of social media, or Why reinventing the wheel makes sense?
In 2022, traditional social networks are rushing into the Web3 space and creator economy ambassadorship: Instagram is close to integrating in-app NFT purchases, Facebook and Telegram are increasing their monetization efforts via Stars for Reels&rsquo; creators and posts with paid content, respectively. According to a new study from Adobe, about 48% of creators are earning from their digital content creative activities, and social media are thriving from that as well &ndash; collecting personal data and making a profit from it. Rivalry for user attention is heating up. This is the gold, new oil, scarce commodity, and fuel for the capitalizing revenue of social media platforms. Attention economy takes over the creator one, business models and digital assets migrate to the blockchain, overabundance of information and marketing encourage clip thinking. In the upcoming era of overall decentralization, the image of iconic social media is disputable. However, let&rsquo;s try to forecast and understand why both platforms and their audiences are eager for reinvention. True decentralization and sense of ownership While Web2 is still under heavy pressure of censorship: TikTok is blocked in numerous geo, Kanye West decided to buy conservative Parler as he was locked out from Instagram and Twitter for his antisemitic remarks, Elon Musk bought Twitter to bring freedom of speech to everyone &ndash; the world turns eyes to decentralization both in communication and finance. Some steps are made by the social media giants: Twitter is preparing to roll out verification check marks, Telegram which is so native to crypto community already launched paid content posts but this feature was quickly blocked by Apple due to AppStore guidelines prohibiting to use paywall and payment system avoiding Apple&rsquo;s in-app purchases. Besides diving into the attention economy, marketers are tending to play with the devilish sense of exclusivity and ownership of social media communities &ndash; in Web2, this trick about holding digital assets exclusively is not very obvious and clear but blockchain brings new opportunities for transparent transfer and ownership of funds and assets. This is still a crazy powerful motivation for both teenagers and adults and a way to become a part of privileged thematic communities. So, why is it worth reinventing the wheel of social media? Obviously, social media and communications companies understand well the inevitability of integrating Web3 technologies into their products and blockchain mass adoption. It was a year ago when Facebook turned into Meta, but there is still not much to offer its audience from the Web3 point of view. And there is a number of blockchain-native companies that drive their digital content and social platforms for the mutual benefit of users and founders. For instance, Cheelee spent over three years on developing the engine within its Web2 NUTson app with 1.5M user base and integrating it, blockchain and attention economy in their upcoming product &ndash; GameFi short video platform. The team has profound experience and connections in crypto industry: among Cheelee&rsquo;s advisors there are Ryan Horn, Binance NFT BD Director, and Siva Sagiraju, product marketing manager at Polygon Technology. Cheelee was supported with VC funds&rsquo; allocation of USD 1.3M and equity investments of USD 8M. The list of numerous private investors and VC funds includes Veligera Capital (US), Infinity Technology Fund (UAE) and VC SILA (CIS). The major advantage of Cheelee&rsquo;s strategy is an appeal to a wider audience, not only crypto one, and the mass adoption of blockchain. The app offers free-to-play mode and grants NFT glasses to every new user onboard. NFT glasses can be customized and upgraded for increasing the earning potential of its owner by watching the feed of Cheelee and getting LEE tokens for their attention. All in-app purchases are owned by a user and can be traded on the crypto market. Last but not least, Internet users spend an average of 147 minutes on social media every day. Why not monetize attention, besides creativity? While top social networks are working on tools and economy to provide this, Cheelee is pioneering this innovative approach already this winter. Follow the project on Twitter and Telegram to become an early-bird adopter of the new economy and true user-oriented decentralized approach. 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.

About ICON

The live price of ICON (ICX) today is 0.177536 USD, and with the current circulating supply of ICON at 919,483,096 ICX, its market capitalization stands at 163,240,968 USD. In the last 24 hours ICX price has moved 0.004986 USD or 0.03% while 2,428,540 USD worth of ICX has been traded on various exchanges. The current valuation of ICX puts it at #156 in cryptocurrency rankings based on market capitalization.

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

Icon is a cryptocurrency project, led by the Icon Foundation, a Swiss nonprofit. The primary goal of the project is the establishment of an interconnected system of multiple blockchain platforms. The platform seeks to provide a way for independent blockchains to interact with each other financially and otherwise. The system of Icon works through various new types of nodes such as ICON Republic and Citizen Nodes. The ICON (ICX) coin is maintained with the LFT (Loop Fault Tolerance) consensus algorithm, which is a more scalable alternative to POW, which offers highly efficient voting and value exchange processes. Icon is a very successful project. The ICX coin is traded on almost every major cryptocurrency exchange. The coin is one of the top-50 cryptocurrencies in terms of market capitalization. Check out the current ICX price with Coin360.com


ICON Price0.177536 USD
Market Rank#156
Market Cap163,240,968 USD
24h Volume3,302,481 USD
Circulating Supply919,483,096 ICX
Max Supply800,460,000 ICX
Yesterday's Market Cap164,583,180 USD
Yesterday's Open / Close0.174009 USD / 0.178995 USD
Yesterday's High / Low0.179045 USD / 0.172808 USD
Yesterday's Change
0.03% ( 0.004986 USD )
Yesterday's Volume2,428,540 USD
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