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Sun (New)(SUN)

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$0.006716
(3.73%)
0.00000027 BTC
Market Cap (Rank#317)
$70,619,047
2,883 BTC
Vol 24h
$21,707,051
886.06 BTC
Circulating Supply
10,514,908,025
Max Supply
?
21h agocryptodaily
Is Play-To-Earn Dead?
With around $300 Billion floating in the market, gaming stands as one of the most significant industries and with GameFi averaging $175M, lots of potential for expansion! The rise and fall of notable titles like Axie and more have resulted in the emergence of dominant ‘play-to-earn’ and ‘play-and-earn’ models. But with the emergence of dilemmas, which of them is better? Which of them is sustainable? Feasible? Or even valid anymore? Most play-to-earn games known so far revolve around the idea of players grinding with repetitive actions to make profits, something that doesn’t portray the essence of fun and entertainment, the core values of a gamer. Play-and-earn, on the other hand, accentuates more engaging and entertaining games as in-game time is monetised. Gamers can also have a real-life impact on character development and more by implementing DAOs. Some examples of P2E or P&E - and how it doesn’t focus on the actual gameplay, value add or anything like that, but rather just hours of grinding for little money with no good game experience. The Pains and Problems Beyond prepositions and conjunctions, the paradigm explains not just the semantics but also the business models and core values behind the famous terms. GameFi at the moment is not designed for gamers - which is the underlying problem, and no systems can host a genuine grade AAA on the blockchain. Being nothing more than a “gig” or a “nuisance” to earn some extra cash is not the narrative GameFi would like to see itself in. Traditional games offer stimulated economies for players driven by stories and characteristics controlled by the publishers. These games do not provide a market to trade or liquidate assets within the said economies, while the Play-to-Earn titles lack the elements that would make them fun, engaging and compelling. The two sides to a coin can identify both sectors with a set of drawbacks and improvement areas. “There is no ownership if you can’t sell it - and it’s not worth owning if it isn’t appealing enough, and that’s a pressing issue. Bridging the gaps between Web2 and Web3 primarily comes from asset ownership, mechanics and usability”, says Adria Mir, Gaming & Blockchain Expert at G4AL and Elemental Raiders. Traditional ‘free-to-play’ or ‘pay-to-play’ models only provide entertainment and experience out of the games or assets purchased and consider the investment a sunk cost. Because of the centralised nature of traditional games, the assets can be changed or taken away anytime by the operator or game publisher. In a worst-case scenario, if the publishers or studios go out of business, players can lose all their assets before getting the entertainment value out of it. The most recent example was Telltale Games’ shutdown which left The Walking Dead’s final season incomplete. Web3 or ‘play-to-earn’ games, on the other hand, do provide the ownership as opposed to traditional games, with no threat of players losing their assets even if publishers go out of business. However, given recent history, it is easy to imagine the extreme inflation and fleeting deflation of play-to-earn or play-and-earn games when the core value of gamers and their communities are taken out of the equation. Where Does the Future Lie? With all that in hand, are play-to-earn, play-and-earn and most other models dead? There is a need for a model that focuses on the best of both worlds. Many Web3 scholars accelerate different terms daily, but one has been prominent and has had a substantial impact. ‘Play-to-Own’ focuses on decentralisation, control and ownership first and foremost, which is one of the essential factors and foundations of blockchain and web3. But is that enough to convince the hardcore fans of Elden Rings, Call of Dutys’ and Web2 gamers alike? You’re right! - Probably not! Said differently, the “ownership revolution” stays at the heart of what GameFi and the so-called ‘AAA blockchain games’ are trying to achieve, but so should the increasing need to host and build a game that serves the mechanics, gameplay and UI/UX of a console-quality title. It raises the question of platforms built on blockchain being capable enough to host a game of that stature, Former First VP of King Studios thinks yes: “We’re building G4AL as a game studio to host the quality of games that first and foremost suits what Web2 gamers are used to, giving ownership to what they play, low entry barriers, and the ability and a monetary exit button which allows them to ‘play-to-own’ or ‘play-and-earn’.” Play-to-Own has the potential to be applied to any game, may they be Web2 or Web3, which in turn can increase the customer lifetime values, engagement ratios and retention rates. Instead of forcing users to buy-in set NFTs or assets to the game, it can potentially open up a plethora of in-game revenue streams. Creating higher value in games that allow ownership and low entry risk can enable players to choose these games over traditional models or P2E models as they get both ownership and security as well as long-term retention. 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.
23h 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]
1 day 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 agocointelegraph
'IBC is a serious alternative for secure cross-chain communication,' says Sunny Aggarwal of Osmosis
So far, Cosmos’ IBC seems to have stayed clear of troubled waters.
1 day agocryptodaily
3 Cryptos To Buy During The Dip Season: Dogeliens, Cardano, And Synthetix
Blockchain-based assets like cryptocurrencies have paved the way for seismic shifts in the investment and financial services sector globally. As per Deloitte's 2021 Global Blockchain Survey, around 76% of the respondents claimed that digital assets like cryptocurrencies are likely to either replace or evolve as an alternative for fiat currencies globally over the next 5-10 years. The sentiment is mirrored by the rally in cryptocurrency prices and the launch of new products. Promising benefits like high returns that are immune to external factors, data privacy, and low transaction fees, these assets are disrupting the financial markets with global applications. For rookie investors who are looking for cryptocurrencies that could yield good returns even when crypto prices are going down, Dogeliens (DOGET), Cardano (ADA), and Synthetix (SNX) are good options. Here's a brief description of their key features. Dogeliens combines meme community power with utility In an effort to replicate the success stories of digital goods derived from dog memes, Dogeliens aims to catalyse the cryptocurrency universe with its niche features. Users can look forward to accessing cool DeFi features on the peer-to-peer platform without any interference from third parties. The open-source platform is built on Binance Smart Chain. The decentralized platform also has its own native token, DOGET, that can be used for a host of transactional purposes like staking and yield farming and also to earn rewards and voting rights. Users will be able to purchase it on presale. The platform's unique feature is that it takes a playful and engaging approach to users' experiences, right from amusing names of features to witty references to dogs, the platform is fun galore. For instance, the platform will offer free educational resources and courses to its users on blockchain technology, decentralized finance, and cryptocurrencies via its two initiatives, University of Barkington and Dogeliens Academy. At the University of Barkington, users could enroll themselves in a diverse program to learn everything under the sun about NFTs, DeFi, and blockchain technology. Meanwhile, at the Dogeliens Academy, users will be able to access a well-managed virtual classroom to educate them about cryptocurrencies, their scope and the course content would include informational videos and articles. A few areas of the facility would only be accessible by paying a fee or by token holders, but the majority of the facility would be free to use. The platform aims to donate 3% of the earnings made on each transaction to its charity wallet. At the end of each month, the Dogeliens community members would vote on the charities to which the assets would be sent. Cardano: Empowering developers with high-performance dApps The Cardano platform uses a proof-of-stake consensus protocol to enable its users to deploy scalable dApps. The network has its own native token, ADA, that can be used for staking, yield farming, and a host of other transactional purposes on the platform. Token holders also get to decide on key proposals concerning the platform's future development and how the treasury funds are utilised. ADA Token holders can earn rewards by participation either through their own stake pool or by delegating the task of staking to a third party. The quantum of rewards earned by a user depends on the number of tokens that are staked. Synthetix: Permissionless futures trading The platform enables its users to create synthetic assets with decentralized features and grants them exposure to real-world assets on a blockchain system. This way, investors can look forward to permissionless and hassle-free derivatives trading on blockchains. Users can also leverage Synthetix's liquidity and debt pools to get optimal prices with little scope for slippage. Synthetix members can use its native token, SNX, for any transactional purpose that they might encounter on the platform. Investors can earn weekly rewards and collateral with their staking activities. Dogeliens (DOGET) Presale: http://ufo.dogeliens.io/ Website: http://dogeliens.io/ Telegram: https://t.me/DogeliensOfficial 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
2 days agocoindesk
First Mover Asia: BTC Holds Near $24K; Why Do We Need Ethereum PoW When We Have Ethereum Classic?
Crypto mega-entrepreneurs Vitalik Buterin and Justin Sun are clashing over Ethereum’s future; ether hovers over $1.7K.
2 days agocoindesk
Justin Sun Says Proof-of-Work 'Essential' Part of Ethereum
Tron founder Justin Sun joined CoinDesk TV’s “First Mover,” to discuss his support for an Ethereum fork.
2 days agocryptodaily
Embattled Crypto Exchange Zipmex Set To Release Bitcoin and Ethereum for Customers
Cryptocurrency exchange Zipmex will soon release Bitcoin and Ethereum tokens this week, allowing customers to retrieve their assets after it suspended withdrawals from its Z Wallet product. The move will allow 60% of its customers to retrieve their digital assets. The Singapore-based crypto exchange, which also operates in Australia, Thailand, and Indonesia, halted customer withdrawals from its Z Wallet in July amid the market turmoil citing “volatile market conditions” as reasons for doing so. It has been reported that Zipmex is facing a loss of $100 million in funds lent to crypto lender Babel Finance. Babel froze withdrawals in mid-June as volatile conditions in the crypto market led to a flurry of defaults relating to overleveraged firms such as Three Arrows Capital and Celsius Network. The company said in a Tweet that Ethereum will be released on Thursday, 11 August, and Bitcoin on August 16: Zipmex is planning to release a specific amount of ETH and BTC on 11 and 16 August respectively. We’re working hard to release the balance of Z Wallet holdings ASAP. Last week, Zipmex released Cardano (ADA), Ripple (XRP), and Solana (SOL) tokens to users’ wallets. The process started on Tuesday, August 2 with SOL, followed by XRP on Thursday, and finally ADA on Sunday. Zipmex is just one of the several cryptocurrency firms hit by the $2 trillion meltdown in the market that forced many players to halt withdrawals and some to file for bankruptcy. The firm did however announce late last month that it was in talks with investors for potential funding. Shortly after Zipmex suspended its withdrawals, the Thai Securities and Exchange Commission (SEC) launched a hotline for Zipmex customers to submit details on their losses. The SEC also launched an investigation into the exchanges, claiming the company may have violated trading rules by suspending withdrawals. It said that the firms cited inadequate reasons for such actions as “market fluctuations.” 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 agonulltx
ETH Price Analysis and Prediction – Ethereum Price Continues to Trade Sideways, Trading Volume Drops
Ethereum is trading at $1,707 as the sideways trading continues this Sunday. As written in yesterday’s NullTX Ethereum price analysis and prediction, ETHUSD continues to trade within the $1,600-$1,700 range as the market awaits next week to decide its next move. Trading Volume Down, Bears Coming Out With the trading volume down significantly this Sunday, […] The post ETH Price Analysis and Prediction – Ethereum Price Continues to Trade Sideways, Trading Volume Drops appeared first on NullTX.
5 days agocryptosrus
This Crypto Billionaire Doesn’t Support The Ethereum Merge — Here’s Why
Most in the industry are looking forward to the Ethereum merge. Justin Sun isn’t one of them.  Covered: Hard Fork Planned By Miners Justin Sun And What This Means For Ethereum Hard Fork Planned By Miners A group of Ethereum miners, mainly based out of China, have proposed a hard fork of Ethereum when the […] The post This Crypto Billionaire Doesn’t Support The Ethereum Merge — Here’s Why appeared first on CryptosRus.
5 days agocoindesk
Justin Sun Backs Ethereum Hard Fork as Merge Approaches
Sun said he would support development on the old Ethereum network following the expected merge in September.
7 days agocryptodaily
UK turning once more in favour of crypto?
Talk of turning the UK into a crypto hub on the one side, and the old guard with the banks on the other, the UK has generally dilly dallied until now. However, with both candidates for the job of prime minister firmly in favour of crypto, it could be that the digital asset sector finally gets the backing it needs in order to thrive. The UK - a pillar of the system From an international perspective the UK isn’t generally seen as a country to go against the party line of the global hierarchical system. It has traditional right-leaning politics and it can normally be relied upon to help snuff out anything that threatens the US-dominated world order. The Bank of England was created in 1694 with the aim of raising the money necessary to make war, and with that pursuit in mind, to rebuild the British naval war machine. So with this kind of history, it is frankly quite staggering that the UK would want to become a hub for the libertarian orientated world of cryptocurrencies. A change of heart? Of course, it just might be that there are certain more open minds in the government that recognise that the fiat financial system is done, and that the cryptocurrency revolution will succeed no matter what is thrown against it. It also could be that getting in now with some tough regulations could make sure that the UK regulator can get a firmer grip over the sector and be able to exert a lot more control. A pro-crypto Prime Minister Rishi Sunak, one of the two leadership candidates and the ex-Chancellor of the Exchequer, was the one who announced that the UK government wanted to make Britain a global hub for crypto asset technology and investment, and is seen as very pro-crypto. However, Liz Truss, who is currently favourite to succeed Boris Johnson in the role of Prime Minister, has even gone as far as to promote an anti-regulatory approach to crypto. She was the Foreign Secretary before stepping down to run for office, and also formerly the Secretary of State for International Trade, where she oversaw a digital trade network that promoted fintech companies that “enabled digitisation and resilience in priority export markets,” according to an article on City AM. If either of these two candidates for the highest office in the United Kingdom should win, then cryptocurrency is likely to be placed quite prominently in the new government agenda. 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.
7 days agocryptodaily
TRON Grand Hackathon Season 2 Closes out Submission with over 1800 Participants
Geneva, Switzerland, 4th August, 2022, Chainwire–Season 2 of The TRON Grand Hackathon 2022 has seen a wave of submissions receiving over 1800 participants since it kicked off on May 16, a staggering increase from Season 1 of the Grand Hackathon earlier this year. Similar to the first season, TRON DAO and BitTorrent Chain (BTTC) aim to inspire developers to achieve their project goals. The second season of the TRON Grand Hackathon consisted of over 30 major partners, nearly 40 different judges, and a community voting system. TRON DAO participants could take part in helping move the needle for their favorite projects building on TRON and BTTC across all four tracks: DeFi, Web3, GameFi, and NFT. Within these four tracks, there are 74 submissions for Web3, 48 for DeFi, 50 for NFT, and 30 for GameFi. Project submissions came across 64 different countries, and total participants from 104 countries. The diversity in participant submissions further highlights the growth of TRON’s global audience. The increase in applicants is not the only area of growth in the TRON Grand Hackathon. The prize pool has also doubled from $500,000 in Season1 to $1,000,000 in Season 2, this increase in the prize pool is due to the increasing number of successful projects being built on the TRON and BTTC networks. The number of winners has also increased from five per track, to eight. The prize pool for each track is as follows: 1st Prize - $60,000 2nd Prize - $40,000 3rd Prize - $30,000 4th Prize - $25,000 5th Prize - $20,000 1st Runner Up - $5,000 2nd Runner Up - $5,000 3rd Runner Up - $5,000 What Are Judges Looking For? The judges have already started the vetting process to find the next big project. Across the four tracks, there are different qualities that judges are looking for. In the Web3 track, TRON DAO is looking for projects that are helping provide sustainable solutions that Web2 products could not create efficiently. In the NFT track, we are looking to find projects that take advantage of blockchain technology in order to help grow the creator economy. In the DeFi track, a big goal is to find projects focused on democratizing finance. Lastly, GameFi projects are aimed at creating enjoyable video games with native utility given to gamers. Judging Timeline: The judging began on August 1 at 9 a.m. EDT and will end on August 11 at 5 p.m. EDT. As mentioned earlier, TRON DAO users can take part in the voting process to help award the community favorite prize. Check out TRON DAO Forum to learn more about how to vote. The forum Hackathon poll is also live for everyone to view here. Future Hackathons: With the growing demand and success of our Hackathons, we intend on creating many more in the near future. An increase in applicants, prizes, partners, and judges are all a major goal for TRON DAO. TRON believes in creating incentives for projects to attain, as that inspires future pioneers to utilize our trusted network. TRON also believes in a virtuous cycle of supporting developers and projects to innovate on our blockchain as it helps onboard more users to the ever expanding TRON ecosystem. For eligibility, rules, criteria, and further details, please visit TRONDAO.org/hackathon, the TRON DAO Forum, and TRON.Devpost.com/rules. About TRON DAO TRON is dedicated to accelerating the decentralization of the internet via blockchain technology and decentralized applications (dApps). Founded in September 2017 by H.E. Justin Sun, the TRON network has continued to deliver impressive achievements since MainNet launch in May 2018. July 2018 also marked the ecosystem integration of BitTorrent, a pioneer in decentralized Web3 services boasting over 100 million monthly active users. The TRON network has gained incredible traction in recent years. As of July 2022, it has over 104 million total user accounts on the blockchain, more than 3.6 billion total transactions, and over $11 billion in total value locked (TVL), as reported on TRONSCAN. In addition, TRON hosts the largest circulating supply of USD Tether (USDT) stablecoin across the globe, overtaking USDT on Ethereum since April 2021. The TRON network completed full decentralization in December 2021 and is now a community-governed DAO. Most recently, the over-collateralized decentralized stablecoin USDD was launched on the TRON blockchain, backed by the first-ever crypto reserve for the blockchain industry - TRON DAO Reserve, marking TRON’s official entry into decentralized stablecoins. TRONNetwork | TRONDAO | Twitter | YouTube | Telegram | Discord | Reddit | GitHub | Medium | Forum ContactsFeroz [email protected]
7 days agocryptodaily
Chains.com bridges the gap between CeFi and DeFi
With the idea to create “a marketplace where everything is money,” Chains.com, a cryptocurrency and NFT exchange platform, is developing products and marketplaces that provide utility and liquidity for blockchain-based digital assets linked across multiple chains and protocols. Recently having launched the public sale of its native token, $CHA, the platform offers users considerable benefits within the Chains ecosystem, such as staking-based fee reductions, rewards, early access Launchpad privileges, and more. The idea is to allow users to earn, trade, invest and spend with a simple, single-account multi-product without having to learn the mechanics of the underlying technology. Prior to announcing the public token sale, Chains’s private sale showed tremendous success, raising over $2 million and amassing more than 500,000 registered users in over 100 countries, with more than 60 thousand users applying to the $CHA token whitelist during the presale phase. Led by veteran crypto investors and seasoned economists, Chains aims to reduce the learning curve and the need for setting up multiple disconnected products to have access to the basic functions of cryptocurrency. Chains also offers businesses to apply to its Sunrise Program, geared towards Marketplace early adopters, with over 800 businesses already applying. Anderson McCutcheon, CEO and Founder of Chains, affirmed that the company is “building a platform that bridges this divide for the next generation of users. We intend to connect Web3 and centralized finance, forever changing the way cryptocurrencies are commonly used.” Chains aims to release some intriguing products down the line, such as the “Prism,” a self-developed analytics service allowing users to track and measure any crypto asset, represented by any commodity. Another fascinating feature planned for the future is the “Earned Income Credits” system that provides financial support for businesses and freelancers during trying times. The company works in association with some of the biggest names, such as NVIDIA, as part of their Inception Program, Amazon through AWS Activate, the Microsoft for Startups program, and more. 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.
8 days agocoindesk
First Mover Asia: Fed Fears and Pelosi Taiwan Trip Reverse Bitcoin's Recent Gains
The mood in crypto markets had turned sunnier last week, but now any bright hopes for a strong rally are fading. PLUS: The NFT market just isn't what it used to be.
9 days agocryptodaily
APENFT Foundation Announced The Second Call of its $100 Million Art Dream Fund.
Singapore, Singapore, 2nd August, 2022, ChainwireAPENFT Foundation announces that the second call of its $100 million Art Dream Fund will launch on August 1st, and registration will close on October 30th. The theme for this year’s call is "Post-Human Era." This theme seeks to explore whether the future of humanity can transcend traditional self-centered humanism and how people should position themselves in a complex ecosystem consisting of non-human animals, plants, and cyborgs. Winners will be eligible to win from a prize pool of over $100,000. In addition to prizes, creators will also enjoy the opportunity to build their art studios in The Sandbox, a metaverse set to launch by APENFT and TRON. Creators will also be able to get involved in annual online and offline exhibitions curated by APENFT, workshops, artist residencies, and other educational events. TRON x APENFT exhibition hall in The Sandbox This call is open to creators of any age, nationality (not eligible for residents of UN- and OFAC-sanctioned countries or regions), and profession. It welcomes digital artworks submitted by individuals and teams in various mediums, including video, animation, virtual reality, augmented reality, sound art, and data-driven art, among others. "The most essential quality that distinguishes us from other calls is our core values—great inclusiveness and openness—which are also the values that govern the world of NFTs; here, every good work has a chance to be seen," emphasized Sydney Xiong, Director of the APENFT Foundation. "We've always been committed to nurturing and supporting young artists and creators who are open-minded, daring, imaginative, and able to inject fresh vitality into the art sphere." The same openness and inclusiveness permeate the review process of the Art Dream Fund. This year's review panel comprises more than ten artists, curators, auction experts, art professionals, and financial practitioners. We can expect this diversity in panel selections to introduce opinions from diverse areas such as art, finance, technology, and design, allowing for a more comprehensive assessment of submissions. Expert juries include Philip Tinari (Director of UCCA Center for Contemporary Art), Jonathan Crockett (Chairman of Asia at Phillips), Josh Baer (Art advisor), Sylvain Levy (Renowned collector), and Conlan Rios (Founder of Async Art); the Nomination and Selection Panel includes Cheng Ran (Contemporary Artist), Laura Shao from Hive Center for Contemporary Art, Kenny Schachter (art writer), Ciara Sun (Co-founder of C² Ventures), Claire Huang (Async Art Advisor & Columnist), Mimi Nguyen (Lecturer at the University of the Arts London). Together with community members, the Nomination and Selection Panel will designate 50 contestants for the final based on their votes. Themed on "Second Life," last year’s open call received over 500 artworks, among which Infinite Falling by WMD Studio won the first prize, and submissions of Verdi Jackson, Kong, Allyn Belfred, and Chengcheng Shi won the innovation prizes. In January 2022, all winning artworks were sold at an auction event at the online exhibition co-hosted by APENFT and LiveArtX in Cryptovoxels. This year, on top of the three existing awards, APENFT teamed up with Async Art to set up the “Async Visual-Audio Award” for programmable art to encourage experimentation and innovation in interactive art forms. As Conlan Rios, Founder of Async Art, expressed, “Async Art provides tools for everyone to create visual-audio interactive NFTs, without the necessity of mastering coding and programming knowledge. Through Async Visual-Audio Award, we invite artists to join us to turn the existing concept of art on its head and pave the way for a whole new category of programmable media. This is just the start, but we believe these simple building blocks will open up a world of possibilities for the creators out there, and we are really excited to see the genius ways people might use it.” Participants will have the opportunity to attend the workshops co-organized by APENFT and Async Art and potentially receive Blueprints-based NFT airdrops. WMD Studio, Infinite Falling (2021), digital animation, source: WMD Studio Another highlight of this year's Art Dream Fund is that during the call and the selection, APENFT will co-host three online forums with ArtReview to discuss NFT discourse in the art world, the influence of the metaverse on art creation, and NFT collection and sponsorship. The dates and guests of the forums will be announced soon. Please stay tuned. The open call of the 2022 Art Dream Fund has started, application will close on October 30th. For more registration details, please visit: artdreamfund.apenft.io. About Art Dream Fund The Art Dream Fund was co-sponsored by H. E. Justin Sun, founder of TRON, and Sydney Xiong, Director of APENFT Foundation, in 2021. It aims to identify, nurture, and support quality NFT artists through the $100 million fund. Apart from the funding support for art creation, the Foundation will also advise award winners on marketing, publicity, copyright protection, and legal affairs. The winning artworks will be deployed permanently onto the TRON blockchain as a TRC-721 token as well as on the decentralized storage system BFTS. With the help of TRON and the APENFT Foundation, talented artists will stand a chance to take part in online and offline exhibitions, art fairs, auctions at home and abroad, collaborations with renowned international brands, and benefit from crossover marketing. About APENFT Officially registered in Singapore on March 29, 2021, APENFT is backed by the underlying technology of the TRON blockchain, with additional support from the world's largest distributed storage system BitTorrent File System (BTFS). At the core of our mission, APENFT aims to facilitate the creator economy while catalyzing both financial and cultural inclusion in the metaverse. Our vision is to integrate both the virtual and the real worlds seamlessly. APENFT Foundation is the world's first NFT art foundation that realizes crossover purchases. We aim to bridge conversations between stakeholders in the traditional art world and the digital art community emerging around NFTs, promote inclusiveness and diversity, broaden our multimedia audience, and increase all members’ engagement. In the future, our collection will be made available to the entire community through a series of curated online exhibitions in the metaverse. APENFT Marketplace | Twitter | Telegram | Discord About Async Art Async Art is the premiere platform where users can create, collect, and sell generative art & music NFTs. Async breaks down the technology barrier many creators face and allows artists of all backgrounds to participate in the Web3 space. With our Async Canvas tool, users can create interactive, future-facing art and music without any coding knowledge. The platform provides streamlined solutions for audio and visual creators to make innovative NFTs, including 1/1s and an entire collection.. The platform encourages artists to experiment and push boundaries in the NFT space. About ArtReview Founded in 1949, ArtReview is one of the world’s leading international contemporary art platforms. Aimed at both a specialist and a general audience, it is dedicated to expanding contemporary art’s reach, and tracing the ways it interacts with culture in general. It also provides the most intimate reading for contemporary art. ContactsMiles [email protected]
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About Sun (New)

The live price of Sun (New) (SUN) today is 0.006716 USD, and with the current circulating supply of Sun (New) at 10,514,908,025 SUN, its market capitalization stands at 70,619,047 USD. In the last 24 hours SUN price has moved 0.00018 USD or 0.03% while 19,288,326 USD worth of SUN has been traded on various exchanges. The current valuation of SUN puts it at #317 in cryptocurrency rankings based on market capitalization.

Learn more about the Sun (New) blockchain network and how it works or follow the price of its native cryptocurrency SUN and the broader market with our unique COIN360 cryptocurrency heatmap.

Sun (New) Price0.006716 USD
Market Rank#317
Market Cap70,619,047 USD
24h Volume21,707,051 USD
Circulating Supply10,514,908,025 SUN
Max SupplyNo Data
Yesterday's Market Cap70,031,260 USD
Yesterday's Open / Close0.00648 USD / 0.00666 USD
Yesterday's High / Low0.00666 USD / 0.006405 USD
Yesterday's Change
0.03% ( 0.00018 USD )
Yesterday's Volume19,288,326 USD
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