Metaplex deploys core Metaplex product suite on Sonic SVM, improving developer tools for gaming.
Integration includes Token Metadata, Core, Candy Machine (v3/cv3), and new programs like MPL 404 and Bubblegum Product Launch.
The collaboration aims to set a standard for SVM chains, starting with Sonic SVM.
Metaplex expands to Sonic SVM to boost gaming development
Metaplex Foundation has announced the deployment of its Solana-based token protocol and core product suite product on Sonic SVM, the first gaming-specific Solana Virtual Machine (SVM). This strategic move will improve the developer experience by providing more robust tools and on-chain programs tailored for gaming on the SVM chain.
In partnership with Sonic SVM, Metaplex will offer its product suite, including Token Metadata, Core, and Candy Machine (v3/cv3), across Sonic SVM’s devnet, testnet, and mainnet. New additions like MPL 404, Bubblegum Product Launch, and MPL-Hybrid will also be part of the integration.
“Our collaboration with Sonic demonstrates a market need for standardization amidst various SVM chains that are launching. With this collaboration, the Metaplex protocol will be adopted for the first time by a pioneering team in the gaming industry, representing a new use case in this vertical and another step into the SVM L2 ecosystem.” –Metaplex Foundation director Stephen Hess
Chris Zhu, CEO of Sonic SVM, emphasized the mutual benefits of this partnership. He said they have developed the HyperGrid Framework with a multi-SVM ecosystem in mind that runs on top of Solana. He also stated that they are very excited to work with Metaplex.
“The Metaplex ecosystem of developers has proven its capability by developing the most widely used NFT standard in Solana and we are looking forward to developing and implementing this standard together, starting with Sonic.” –Chris Zhu, CEO of Sonic SVM
The involvement of Metaplex in the Sonic SVM testnet will expand its ecosystem and provide more opportunities for developers to launch decentralized applications on new SVMs, starting with Sonic.
The bottom line
Metaplex’s integration with Sonic SVM is a great stepping stone in the expansion of blockchain technology into gaming. By providing standardized tools and protocols, this collaboration will improve the development and deployment of gaming applications on Solana’s SVM chains. Doing so will offer new opportunities and capabilities for developers in the web3 gaming space.
You’ve likely heard of BTCC, a crypto exchange as old as a $40 Bitcoin. If you haven’t, well, you have now. But do you know what sets it apart? With over 300 cryptocurrencies available for trading, a user-friendly interface, and 13 years without any security breaches, BTCC is a big player in the crypto market.
Its innovative features, like perpetual futures and tokenized assets, offer a unique edge. Plus, there’s a VIP program and competitive fees that are definitely enticing. But is it all it’s cracked up to be? Let’s take a closer look.
2. Enter your email and password and click “Register Now”
3. Confirm your email by entering the code sent to your inbox
It doesn’t come any simpler than that.
KYC is technically not required, but you will face some limitations if you don’t complete it, such as lack of fiat deposits and lower daily withdrawal limits.
Trading Products
BTCC offers a wide range of innovative products and features to improve your trading experience.
With a selection of over 300 cryptocurrencies, you have freedom to trade in popular coins as well as explore newly launched assets.
One of BTCC’s standout products is perpetual futures. This contract type doesn’t have an expiry date, which gives you the flexibility to hold positions as long as you wish. And with leverage up to 500x, this can really ramp up your profits. The same is also true for your losses, of course, but it’s good that the option of high leverage is there.
BTCC also offers tokenized futures on traditional instruments like gold and silver, which lets you diversify your portfolio without leaving the crypto space, if that’s what you want.
VIP Program Benefits
BTCC aims to reward its loyal customers with a VIP program, which provides you with exclusive benefits and premium trading conditions.
As a VIP member, you’re treated to a suite of exclusive perks that enhance your trading experience and provide a rewarding platform to grow your investments.
Access to VIP-exclusive campaigns
Fee discounts + Fee coverage by coupons
Priority customer support
Birthday gift
BTCC branded merchandise
In short, the VIP program at BTCC offers a list of benefits that are designed to make your experience on the platform more enjoyable.
Fees
For crypto exchanges, the fee structure is one of the most competitive aspects of the platform and is often the thing that makes a key difference. BTCC prides itself on its transparency and competitive rates. You’ll encounter two types of fees: maker and taker fees.
BTCC’s fees are tiered depending on your VIP level. The table below outlines the exact fee structure:
VIP Levels
Account’s Estimated Total Value (USD)
30-day Trade Volume (USD)
Futures Taker / Maker
Spot Taker / Maker
Fee Coverage Rate with Coupons
Conversion Fee Discount
Withdrawal Fee Discount
VIP0
0
0
0.045% / 0.025%
0.1% / 0.1%
0%
0.00%
0.00%
VIP1
200
—
0.045% / 0.025%
0.1% / 0.1%
10%
10.00%
10.00%
VIP2
500
200,000
0.045% / 0.025%
0.1% / 0.1%
10%
10.00%
10.00%
VIP3
1,000
500,000
0.045% / 0.025%
0.1% / 0.1%
10%
10.00%
10.00%
VIP4
2,000
1,000,000
0.045% / 0.025%
0.1% / 0.1%
10%
10.00%
10.00%
VIP5
5,000
2,000,000
0.045% / 0.025%
0.1% / 0.1%
10%
10.00%
10.00%
VIP6
10,000
5,000,000
0.045% / 0.025%
0.1% / 0.1%
10%
10.00%
10.00%
VIP7
20,000
10,000,000
0.045% / 0.025%
0.1% / 0.1%
10%
10.00%
10.00%
SVIP1
50,000
15,000,000
0.035% / 0.01%
0.1% / 0.1%
15%
20.00%
20.00%
SVIP2
500,000
20,000,000
0.03% / 0.007%
0.1% / 0.1%
20%
30.00%
30.00%
SVIP3
1,000,000
50,000,000
0.025% / 0.007%
0.1% / 0.1%
25%
40.00%
40.00%
SVIP4
2,000,000
100,000,000
0.02% / 0.01%
0.1% / 0.1%
30%
50.00%
50.00%
SVIP5
3,000,000
200,000,000
0.01% / 0%
0.1% / 0.1%
35%
60.00%
60.00%
BTCC doesn’t charge fees for crypto deposits. Withdrawal fees do apply, and they vary depending on your VIP level and the cryptocurrency you’re withdrawing.
Compliance and Licenses
This is a big one for us, and fortunately, when it comes to operating within the law, BTCC doesn’t cut corners.
It holds various regulatory licenses across multiple jurisdictions. With BTCC, you’re trading on a platform that maintains high standards of legal compliance and respect for financial regulations.
In the USA, BTCC operates under a crypto license issued by the Financial Crimes Enforcement Network (FinCEN). This guarantees its adherence to stringent anti-money laundering (AML) and know-your-customer (KYC) procedures.
If you’re trading from Canada, you’ll be glad to know that BTCC holds a license from the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC), which adds an additional layer of security and legitimacy.
For European traders, BTCC is licensed by the Registrar of Legal Entities of Lithuania and regulated by Lithuania’s Financial Crime Investigation Service. This compliance allows for a safe and secure crypto environment.
Market Liquidity
BTCC boasts industry-leading market liquidity, so you can trade exactly at the price you want, even in the most volatile market conditions. This matters a lot in cryptocurrency trading, especially for smaller altcoins where market conditions can change rapidly.
BTCC’s robust liquidity comes from a healthy mix of individual and institutional traders. This means you’re able to execute trades instantly, and you don’t have to worry about slippage.
Also, BTCC’s platform can process orders of about 500 BTC simultaneously, an absurdly large number. You can confidently trade large volumes without worrying about disrupting the market.
Copy Trading
The copy feature allows you to mirror the trading strategies of successful traders, which increases your chances of making profitable trades. It’s a neat way to learn from the pros and make money doing it.
You can choose who you want to follow based on their trading performance. Once you’ve selected a trader, their trading actions are automatically replicated in your account. To manage risk, you can set your preferred trading parameters, such as the maximum margin and position size.
BTCC also incentivizes successful traders to share their strategies. If you’re an experienced trader, you can earn attractive commissions by allowing others to copy your trades.
User Experience
We won’t beat around the bush – the platform looks and feels great. If we were to describe it in one word, it would be – legit. It’s possible this is a placebo effect, but as soon as we saw the website, we immediately thought “This is a highly regulated platform”. It gives off a very professional and modern look, in a good way.
You know that feeling when you’re visiting a website, and everything is exactly where you’d intuitively assume it would be? That’s what it’s like. Navigating the BTCC platform is a breeze. It offers you an exceptional user experience with its intuitively designed interface and easy-to-use features. The layout is simple and straightforward.
All of this makes trading cryptocurrencies less intimidating, especially for beginners.
The BTCC platform offers a demo trading account loaded with virtual funds. You can practice your trading strategies without the risk of losing real money.
Their platform is also accessible from various devices. It comes in both desktop and mobile app versions (for both iOS and Android phones). The app is well-designed and provides the same level of functionality as the desktop version.
In case of issues, BTCC offers customer support in multiple languages. The support comes in various forms, i.e. live chat, email, as well as lots of helpful answers to common FAQs.
Security Measures
The crypto industry has unfortunately developed a reputation as a bit of the wild west. Many exchanges have suffered security breaches, hacks, and thousands of customers have had their funds stolen or rendered inaccessible.
BTCC proves to be the exception, fortunately. They have never had security breaches since their inception in 2011. The exchange enforces rigorous safety protocols to ensure your investments remain secure.
At the core of BTCC’s security measures is the use of cold storage. Your cryptocurrencies are stored offline, which significantly reduces the risk of hacking.
BTCC platform uses multi-signature technology as an additional layer of security. This means that it requires multiple approvals before a transaction can be completed.
BTCC also adheres to the Payment Card Industry Data Security Standard (PCI DSS), which safeguards your credit card information from cyber attacks.
The platform boasts a 99.99% system availability, you can trade at any time without worries of system breakdowns.
The exchange also carries out regular official and grey releases of new app versions, which helps in maintaining system stability and security.
All of this, coupled with the regulatory licenses is to say – your crypto assets are as safe as they can possibly be.
Deposit and Withdrawal
BTCC offers a few ways to deposit and withdraw your assets.
Here’s how it works:
Deposit: Deposit methods include bank transfers and credit/debit cards (only available if KYC is completed) or depositing cryptocurrency directly into your wallet. A wide range of cryptos are available for deposit, including Bitcoin, Ethereum, and USDT, among others.
Trading: Once your deposit is confirmed, you’re all set to start trading. Your funds are instantly available in your trading account.
Withdrawal: When you’re ready to withdraw your funds, simply navigate to the ‘withdraw’ section, and enter the amount and your wallet address. Only crypto withdrawals are available at this time.
Verdict
Given the amount of cybercrime and fraudulent activity in the crypto space, it’s very impressive that BTCC has remained 100% safe for well over a decade. With its wide range of cryptocurrencies, VIP perks, competitive fees and regulatory licenses, and user-friendly interface, it’s hard to find a flaw with this exchange.
If we were to nitpick, the minimum deposit could be lower for certain cryptocurrencies. Also, KYC could be an issue for some users who are reluctant to share their personal details.
But if that’s not you, we definitely recommend giving BTCC a try!
0G Foundation and OnePiece Labs introduce a program to support Web3 and AI startups.
The program provides funding, mentorship, technical support, and community building.
The first cohort includes companies like CARV, Cygnus Finance, and Polyverse AI.
0G Foundation and OnePiece Labs have announced the launch of their first incubation program, designed to support emerging startups in the Web3 and AI sectors. This initiative seeks to identify promising founders and provide them with essential resources, strategic support, and mentorship.
Tailored support for all stages of development
The incubation program caters to startups at various stages of their life cycle. Early-stage founders can benefit from networking opportunities, initial funding to develop a minimum viable product (MVP), and developer tools to build out their products. Mid- to late-stage companies will receive support for community building and performance metrics such as daily active users (DAU) and monthly recurring revenue (MRR).
The program offers a comprehensive support system, including co-founder matchmaking, technological integration, and investor introductions. With modern infrastructure and an extensive network, 0G Foundation aims to achieve big advancements in Web3 and AI. They plan on doing so by providing high-performance data analytics (DA), low-cost data storage, and decentralized serving layers.
“Launching this incubator program is a strategic move to strengthen our ecosystem and support groundbreaking projects that can push the boundaries of Web3 and AI. We are committed to providing startups with the tools and mentorship they need to overcome challenges and scale rapidly, fostering a collaborative environment that drives collective success.”
Michael Heinrich, advisor to 0G Foundation and co-founder of Zero Gravity Labs
Promises of the 0G accelerator program
The 0G accelerator program promises several benefits to startups. It provides resource allocation, ensuring that startups have access to essential funding, cutting-edge technology, and development tools. It also offers mentorship and guidance from industry leaders and successful entrepreneurs. To support technical needs, the program provides robust technical support to ensure seamless integration with 0G’s infrastructure. Additionally, it aids in community building by facilitating connections within the 0G ecosystem to foster a supportive and innovative community. Lastly, the program enhances market exposure for projects through 0G’s network and marketing channels.
Highlighting the first cohort
The first cohort of the 0G Accelerator Program includes:
CARV: A modular data layer for gaming and AI, focusing on privacy and data ownership. The company has over 2.5 million registered players and $1 million in monthly recurring revenue.
Cygnus Finance: An EVM-compatible ZK rollup combining non-EVM systems with the EVM ecosystem, backed by major investors with over $50 million in total value locked (TVL).
Polyverse AI: Specializes in Zero-Trust AI data engines and decentralized AI data marketplaces, aiming to raise $8 million in funding.
0xKnowledge: Develops AI-augmented, Web3-native documentation platforms and personalized AI assistants.
DataHive: Creates user-owned AI operating on user-owned data, with $150K in booked revenue.
Heph: An AI model training platform using a global workforce of over 174,000 data labelers.
Infinity Ground: An AI-native gaming Appchain providing modular tools for AI gaming development.
MetaPals: Integrates digital companions into daily lives through custom-built overlay technology, with 55,000 users.
Fractopus: Connects online content into a peer-to-peer revenue-sharing network, enabling the monetization of AI-generated content.
To round it all up
The 0G Foundation and OnePiece Labs incubation program aims to accelerate the growth and development of Web3 and AI startups. By providing comprehensive support and leveraging their extensive network, they are going to drive innovation and success in these cutting-edge fields. The first cohort already showcases a diverse array of companies ready to make significant impacts in their respective industries.
July 29 – As the gaming landscape continues to evolve, SPiCE Philippines 2024 aims to bring together industry leaders, policymakers, and innovators to explore emerging opportunities and challenges. The conference will delve into key topics shaping the future of gaming in the region, including the impact of regulatory changes, technological advancements, and market trends.
The much-anticipated SPiCE Philippines 2024 is set to take place from 17 – 19 September 2024, at the luxurious Shangri-La Mactan, Cebu. This prestigious event promises to be a landmark occasion, spotlighting the latest advancements and regulatory developments in the dynamic gaming industry across Southeast Asia.
Key Topics to be Addressed:
Regulatory Landscape and Compliance:
Understanding the regulatory framework in the Philippines and Southeast Asia.
Strategies for compliance and navigating regulatory challenges.
Technological Innovations in Gaming:
The role of AI and blockchain in the gaming industry.
Innovations in online and mobile gaming platforms.
Market Trends and Consumer Behavior:
Analysing market trends and player preferences in Southeast Asia.
Effective marketing strategies to attract and retain players.
Investment and Partnerships:
Opportunities for investment in the gaming sector.
Building successful partnerships and collaborations.
Responsible Gaming and Player Protection:
Promoting responsible gaming practices.
Enhancing player protection measures.
We are thrilled to announce an impressive lineup of confirmed speakers who are set to share their insights and expertise at SPiCE Philippines 2024:
Andrew W. Pearson, President, Intelligencia Limited
Akili Polee, CEO, DeFix
Alexander Czajkowski, OG, Players Today
Atiba de Souza, Client Attraction Pros, CEO
Brycan Dayao, Amused Group, VP for Global Operations
Bhavesh Parthi, Oppa Asia, Managing Director
Jonathan Casuncad, Digital Marketing Consultant
Harmen Brenninkmeijer, Managing Partner, NYCE International
And, many more!
These distinguished speakers will offer invaluable perspectives on the current state and future potential of the gaming industry in Southeast Asia.
About SPiCE Philippines:
The Strategic Platform for iGaming Conference & Exhibition (SPiCE) series is renowned for its comprehensive coverage of the global gaming industry. SPiCE Philippines is a premier event that provides a unique platform for networking, knowledge-sharing, and business development. Attendees can expect to gain actionable insights, foster meaningful connections, and explore new opportunities in the thriving Southeast Asian gaming market.
In the short history of GameFi, there have been a few major milestones. One of the most notable came two years ago, when gaming studio Mythical Games sealed a partnership with the National Football League to create a blockchain mobile game, NFL Rivals.
The game, which compels players to create a championship-caliber team made up of generative 3D NFTs, featured the first-ever blockchain-based in-game marketplace on mobile. Its arrival followed the success of NBA Top Shot, Dapper Labs’ NFT collectible game released in partnership with the NBA in 2020.
It is fair to say that both games have proven to be a hit, and collectively they have helped onboard many millions of players to blockchain. In June, NFL Rivals surpassed $6 million in lifetime trading volume, making the jump from $5 million to $6 million in just 27 days. The game has now racked up over 5 million downloads and, because it’s available as a web2 version without the need of a crypto wallet, it represents a smooth potential onramp for players who may explore its web3 counterpart at a later date.
MYTH Makes Gains
Mythical Games is not stopping there. On May 30 the company announced that it was partnering with Pudgy Penguins to create a new AAA mobile game. Described as an immersive game that will leverage the lore and humor that characterized the popular PFP collection, the release is expected to land sometime in 2025.
In the wake of the Pudgy Penguins news, Mythical’s native MYTH token saw a significant spike. Closing at $0.39 on May 29, it rose by almost 8% over the next two days. More broadly, the token is up by over 54% in the last 12 months.
These results are especially impressive when accounting for the fact that MYTH only recently became available for trading on HTX. The midcap GameFi token debuted on the Seychelles-based exchange on July 5 and is not currently listed by some of the industry’s other leading exchanges like Binance and Kraken.
The native token of the Mythical Chain that underpins all products from Mythical Games, MYTH is used in both the Mythical Marketplace and as a governance asset to vote on all proposals made through the Mythos DAO. It is also the medium of exchange favored by Dmarket, a marketplace for digital skins and NFTs acquired by Mythical Games last January.
While it could be argued that many GameFi tokens are driven by speculation rather than solid fundamentals, their value stemming from market cycles and hype rather than genuine momentum, robust tokenomics, and meaningful partnerships, the same cannot be said for MYTH. This is a consequence not just of the utility of the token itself but the trajectory of Mythical Games and the people behind it: its founding team is made up of ex-Blizzard and Activision devs whose hits included Call of Duty and World of Warcraft.
Given the success of NFL Rivals, the upcoming launch of Pudgy Penguins, and a brightening market outlook more generally, Mythical Games’ native token is assuredly one to watch in 2024 and beyond.
LendPal.io is pleased to announce the commencement of Beta testing for its innovative peer-to-peer (P2P) platform for crypto lending. This milestone marks a significant step towards revolutionizing the way digital assets are managed, making it simpler, safer, and more profitable for all users.
Why is this important?
LendPal.io offers a P2P platform where users can both take and grant loans secured by cryptocurrency. This innovative approach provides an opportunity to manage digital assets with enhanced flexibility and security.
What’s New?
Lending Flexibility: Users can take and grant loans secured by Bitcoin and other popular cryptocurrencies under their own terms. This feature allows for profit generation while retaining ownership of digital assets.
Favorable Interest Rates: Competitive interest rates for borrowers and investors enable users to maximize the potential of their assets.
High Security Level: LendPal.io employs advanced technologies to protect assets, including multi-level authentication and cold storage of funds.
User-Friendly Interface: The platform’s simplicity ensures easy management of assets and real-time monitoring of operations.
How to Participate?
Join the Beta testing phase and contribute to the enhancement of LendPal.io. Feedback and suggestions from participants will play a crucial role in refining the platform and making it more user-friendly.
Want to Know More?
Visit the LendPal.io website to become a part of this innovative platform and explore its benefits. The input from users is invaluable, and the team is grateful for the participation.
With LendPal.io, cryptocurrency assets work around the clock. The platform aims to provide a reliable and convenient solution for those interested in leveraging the full potential of their digital assets. The mission of LendPal.io is to offer users freedom and flexibility in managing their finances with a high level of security and trust.
– LendPal.io Team
Disclaimer: The views and opinions presented in this article do not necessarily reflect the views of CoinCheckup. The content of this article should not be considered as investment advice. Always do your own research before deciding to buy, sell or transfer any crypto assets. Past returns do not always guarantee future profits.
Former United States President Donald Trump has publicly endorsed the Bitcoin and cryptocurrency markets despite past scepticism on Truth Social. This endorsement has sparked much optimism and expectations leading up to the Presidential election scheduled towards the end of 2024.
At the Libertarian National Convention, Trump boldly promised to protect the interest of Bitcoiners and cryptocurrency holders, creating a more favourable ground for US cryptocurrency enthusiasts to thrive than in past years, stating, “I am very positive and open-minded to cryptocurrency companies”.
This stance taken by Trump is a positive step for the good of the cryptocurrency industry, considering that policies of adopting Bitcoin by leaders such as Presidents Javier Milei of Argentina and Nayib Bukele of El Salvador have yielded many accolades and positive responses across the crypto industry.
As a top businessman, Trump recognized the effect decentralized finance has had on the younger generations and how trust in traditional finance, such as banks, continues to face many challenges as the cryptocurrency market bridges most of the gaps that these financial institutions have failed to address.
While on the Truth Social and Crypto, Trump stated, “Crooked Joe Biden, on the other hand, the worst president in the history of our country, wants it to die a slow and painful death. That will never happen with me; Bitcoin and cryptocurrencies represent freedom from traditional financial systems that have repeatedly failed us. We must embrace this innovation to secure a prosperous future.”
This endorsement comes at a time when the cryptocurrency market has begun looking increasingly promising ahead of the bull market. The space could witness strong interest and investments in the coming months, which could lead to more adoption of digital currencies.
Cryptocurrency’s Market Response as Biden Bows Out
Following Joe Biden’s announcement to withdraw from the upcoming US presidential election, the cryptocurrency market witnessed a slight price decrease across all markets. This was followed by price rallying to the upside as the market took the news as a positive development, suggesting this would be an open race for Trump to win the election.
TradingView: BTC/USDT Chart
The initial response was a sharp decline in Bitcoin’s value, as seen on Tradingview, which was marked orange as investors and traders reacted to the news. This was followed by the Bitcoin price rallying to $68,000.
The initial decline resulted from uncertainty surrounding the next candidate, who could be stronger and challenge the pro-crypto stance of Trump, who has demonstrated some positive interest in blockchain technology.
When Vice President Kamala Harris was revealed to be the next candidate, many investors felt relief, as the crypto market saw a significant price rally. This development highlights the cryptocurrency market’s attention to political developments, and as the election processes continue to unfold, this could be pivotal for the market.
Despite the evolving cryptocurrency market, political developments will affect the financial market and could pave the way for opportunities. Heading into the U.S. elections, many investors and traders will know about the high volatility and promising new opportunities to remain profitable.
Trump’s Scheduled Nashville Speech – The Future of Bitcoin in The US and Crypto Space
Donald Trump’s positive disposition towards Bitcoin and the cryptocurrency community continues to grow as the US Presidential candidate for the 2024 election has unexpectedly announced he will be appearing at the coming Bitcoin Conference 2024, scheduled to be held in Nashville, Tennessee, on July 27, 2024.
The Bitcoin conference is expected to draw the attention of high-profile personalities in the crypto space and create much awareness for the cryptocurrency community. Trump’s appearance would boost the crypto space and the coming bull market after his past scepticism towards cryptocurrency, as he is out to show support for Bitcoin and other cryptocurrencies.
Trump has, on various occasions, expressed his support for Bitcoin and Bitcoin miners, stating, “We want the remaining Bitcoin to be mined in the USA.” This statement continues to align with his campaign to allow the technology to thrive, as it remains the route to financial freedom.
Donald Trump’s selection as a keynote speaker at the upcoming Bitcoin conference is a strategy to gain the support of the cryptocurrency community. His speech will focus on the future of Bitcoin in the USA, his plans to support the cryptocurrency industry if re-elected, and his plans for a more favourable regulatory environment for digital assets to grow.
All eyes are fixed on this special day. Trump’s speech could positively affect the crypto space, as investors and traders are looking for more opportunities to remain profitable. Many users have stayed ahead and used these opportunities through Margex’s automated copy trading.
Leveraging on Margex Copy Trading to Remain Profitable
The adoption of automated copy trading continues to rise, with many users and novice traders looking for strategies and tools to simplify trading in the least possible ways while ensuring profitability, portfolio diversification, and reduced screen time.
The emergence of the internet age and artificial intelligence suggests the world is approaching a mobile-first era. As such, many users favour the idea of crypto copy trading while having little time to pay attention to other important needs.
Margex automated copy trading is legit and fits perfectly into this category as a platform that allows users to replicate or mirror the trades of experienced traders with track records of profitability on its platform.
Boosting the best trading experience and a highly designed website that is user-friendly, allowing users both experienced and novices to navigate through its platform easily, users have access to real-time data about trader history, such as strategies, most traded digital assets, return on equity (ROE), traders’ equity, and others, users can make informed decisions about which trader to follow and copy their trades.
Additionally, high-volume users on Margex have opportunities to claim the Hamster Kombat (HMSTR) airdrop while engaging in their trading activities. Due to high user demand, Margex is also happy to extend its Hamster Kombat (HMSTR) airdrop campaign to July 28, 12:00 UTC, 2024. This will allow more high-volume users to participate and stand a chance to earn up to $5,000 Hamster Kombat (HMSTR).
Terms & Condition of Hamster Kombat (HMSTR) Airdrop Claim:
Grupo Flow collaborates with Tanssi to launch Flow Chain, a dedicated blockchain.
Flow Chain will leverage Polkadot’s ecosystem to integrate with Ethereum and Avalanche.
Tanssi’s infrastructure will ensure efficient transaction handling for Grupo Flow’s community.
Grupo Flow partners with Tanssi to launch Flow Chain on Polkadot
Grupo Flow, one of Brazil’s largest media ecosystems with over 23 million subscribers, is partnering with Tanssi to launch its blockchain, Flow Chain. This new application blockchain will leverage Tanssi’s scalable infrastructure to manage high transaction volumes, ensuring smooth and efficient operations for Grupo Flow’s extensive user base.
“The possibilities and connections with our audience through our own chain are very exciting. We are thrilled to have a trusted partner to guide us on this journey. Now it’s time to head to the lab, study the path and roadmap, and look forward to seeing the first features in our ecosystem,” –Andre Gaigher, CCO at Group Flow
Grupo Flow’s integration with Polkadot’s interoperable ecosystem allows Flow Chain to connect with other blockchains and use technologies like Moonbeam Routed Liquidity. This will enable Grupo Flow to expand into the Ethereum and Avalanche ecosystems.
Flow Chain: A new era for digital media
Flow Chain will provide a dedicated and customizable environment for Grupo Flow. With Tanssi’s support, the platform will offer tokenized interactions and decentralized governance, allowing users to participate in content decisions, access exclusive events, and earn rewards. Tanssi’s infrastructure will handle high transaction volumes efficiently, maintaining a seamless user experience for Grupo Flow’s active community.
The integration with Polkadot’s ecosystem will provide robust security and consistent performance, as well as more growth opportunities. This strategic move aims to enhance scalability, security, and user engagement, setting a new standard in the digital media industry.
Tanssi and Grupo Flow: Expanding horizons
Tanssi’s advanced blockchain infrastructure will play a key role in Grupo Flow’s transition to blockchain technology. By joining the Polkadot ecosystem, Flow Chain will have access to interconnected blockchains and advanced technologies, opening new revenue streams through staking rewards and tokenized assets.
Grupo Flow’s move to blockchain with Tanssi promises to improve digital engagement and new monetization opportunities. The collaboration aims to strengthen Grupo Flow’s audience and tap into the blockchain community.
Conclusion
Grupo Flow’s partnership with Tanssi promises to improve user engagement, scalability, and security, offering new opportunities for both content creators and users. By leveraging Polkadot’s interoperable ecosystem, Flow Chain plans to revolutionize the digital media landscape, providing a seamless and efficient user experience for Grupo Flow’s vast community.
Over the past decade and a half, there has been a monumental rise in the production of user-generated content (UGC), with many experts beginning to hail it as the cornerstone of modern online engagement.
This is because it fundamentally reshapes how we interact with brands, consume media, and express ourselves. From social media posts to product reviews, UGC has evolved into a driving force determining consumer behavior and brand perception in a big way.
For instance, according to a Forbes report, nearly 75% of U.S. marketers either plan to or already use content creators as part of their marketing strategies — to drive engagement levels, increase brand awareness, and even spur sales. Similarly, studies have shown that 86% of millennials believe that user-generated content is a good indicator of the quality of a brand or a product.
This shift towards user-created content clearly reflects a growing desire for authenticity and relatability in brand communications.
AI’s role in revamping existing content creation structures
Since 2020, the realm of artificial intelligence (AI) has been growing at a rapid rate, intersecting with a host of different domains, including UGC. With the industry set to scale up to a valuation of $826 billion by 2030, AI is beginning to empower users to produce high-quality content that was once the domain of professionals.
AI market forecast between 2020 and 2030 (source: Statista)
This democratization of content creation is allowing individuals to express themselves in ways previously unimaginable, pushing the boundaries of creativity and self-expression. However, this technological advancement has come with its own set of concerns. For instance, a recent survey revealed that 68% of respondents expressed worries about cybercriminals using deepfakes to target their organizations.
That said, aside from the challenges, AI is definitely ushering in a new era of content generation that stands to surpass any digital revolution witnessed in the years gone by. One company at the forefront of AI-driven change is Los Angeles-based Creative Technology Studio AMGI Studios.
To elaborate, AMGI has developed proprietary motion capture and AI technologies allowing users to stream and create content while interacting with diverse digital environments as their in-game avatars, thereby maximizing user expression and engagement.
Moreover, it bears mentioning that the studio was founded by industry veterans, including Roger Paglia, Luke Paglia, and Colin Brady (ex-Pixar). As a result, AMGI has positioned itself as a company actively forging the confluence of gaming, technology, and storytelling.
With a team of over 60 accomplished professionals, including game developers, blockchain experts, and animators, the firm is pushing the boundaries of what’s possible in real-time animation and AI integration.
The studio’s flagship project, My Pet Hooligan, for example, showcases the potential of AI-enhanced UGC in gaming. This Web3 multiplayer, social-action game allows players to interact, create content, and express themselves through their in-game avatars in a myriad of ways.
Lastly, AMGI’s approach to AI-driven content creation extends beyond gaming. The studio is currently developing a conversational AI chatbot for a white-label SaaS model, further blurring the lines between AI and human-created UGC and changing how brands interact with consumers by providing personalized and engaging experiences at scale.
The future of AI and UGC. A growing confluence?
As AI and its associated technologies continue to gain traction globally, its intersection with UGC is poised for explosive growth. The sector is expanding at an unprecedented rate, with a report by McKinsey & Co. revealing that interest in domains such as generative AI has increased by a staggering 6300% over the past. This surge in interest has been complemented by a dramatic increase in investment, jumping from $4 billion in 2019 to $36 billion (over the aforementioned time frame).
This convergence is likely to reshape content creation and consumption in several ways. Firstly, it stands to facilitate the creation of more sophisticated and polished content, potentially rivaling professional productions in quality and complexity. Moreover, it can tailor content to individual preferences, creating more engaging and relevant experiences.
Therefore, as we navigate this rapidly evolving landscape, it’s clear that the relationship between AI and UGC will continue to deepen, with companies like AMGI Studios helming this ongoing transformation. Interesting times indeed!
