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  • BitMart Lists Zero-Knowledge DeFi Pioneer Panther Protocol’s $ZKP

    BitMart Lists Zero-Knowledge DeFi Pioneer Panther Protocol’s $ZKP

    Gibraltar, Gibraltar, December 12th, 2023, Chainwire

    Panther Protocol is excited to announce its $ZKP listing on BitMart, a leading cryptocurrency exchange operating in over 180 countries. This listing is part of Panther Protocol’s ongoing effort focused on strategic partnerships and exchange listings before its V1 Mainnet launch aimed at providing improved accessibility, a variety of trading options, and a more efficient, cost-effective transaction experience for Panther Protocol’s community members and $ZKP holders.

    “For Panther, this is a pivotal moment as we advance towards the V1 release, broadening our user base and reinforcing our commitment to democratize finance and onboard more users to the decentralized finance ecosystem while ensuring a balance between regulatory standards and user privacy,” Oliver Gale, Co-founder and CEO, Panther Protocol.

    This partnership with BitMart is part of Panther Protocol’s long-term plan to make $ZKP more accessible for the Web3 community globally. The decision to partner with BitMart was based on its global coverage and thriving Web3 community. Further, with the upcoming V1 Mainnet launch, this listing will contribute to improving the on-and-off ramp accessibility of the $ZKP token for the V1 protocol. With the BitMart listing, $ZKP will now be available on four exchanges (MEXC, Uniswap (DEX), Huobi, and BitMart) and will further contribute to additional opportunities for onboarding more users to the Panther ecosystem. 

    Here’s $ZKP Token Trading Details on BitMart:

    • Trading Pair: $ZKP/$USDT
    • Deposit Availability: 12/10/2023 08:00 AM EST
    • Trading Commencement: 12/12/2023 08:00 AM EST
    • Withdrawal Post-Trade: 12/13/2023 08:00 AM EST

    About BitMart

    As a global integrated trading platform, BitMart provides diversified system functions including spot trading and, futures contract trading. BitMart’s trading system has a robust security mechanism and reliable underlying architecture, which provides users with a safe trading experience. Besides, our unique online trading model efficiently matches the market depth of major exchanges all over the world. Relying on the whole network trading system, we believe the BitMart platform will become one of the major liquidity providers of digital assets in the world.

    About Panther 

    Panther is a cross-protocol layer that uses zero-knowledge technology to build DeFi solutions that strive to meet regulatory standards and satisfy users’ on-chain data privacy needs. The goal of Panther is to allow seamless access to DeFi and create a cross-chain-supported architecture that serves different use cases. Panther’s zero-knowledge primitives are also generalizable to KYC, selective disclosures between trusted parties, private ID, voting, and data verification services.

    Disclaimer: Panther is not recommending that readers engage in cryptoasset trading activity, and users or potential users of the protocol should not regard this message or its contents as involving any form of recommendation, invitation, or inducement to deal in cryptoassets. Due to the potential for losses, regulators consider this asset class to be high risk.

    For more information please visit Panther’s: Official Website | Twitter | Discord | Telegram | Linkedin

    Contact

    Manwendra Mishra
    Product Marketing Manager
    Panther Protocol
    info@pantherprotocol.io

  • Friendzone: A New SocialFi App with a Rewarding Campaign

    Friendzone: A New SocialFi App with a Rewarding Campaign

    Key takeaways

    • Friendzone initiates the “Friend Farming” campaign, rewarding early participants in its upcoming SocialFi app.
    • Friendzone is rewarding users and creators, setting a new standard for SocialFi platforms.
    • They pioneer a model emphasizing user rewards, in-app monetization, customized controls, and real-time market dynamics.

    Friendzone is a social Web3 platform that will launch its app in January 2024, offering a new way to reward social presence and engagement in Web3. The app will enable users and creators to monetize their digital assets and social networks. The app will also feature a real-time adaptive pricing and staking mechanism that will reflect the market value of the native currency called “Creator Chips”.

    Innovative reward mechanisms and creator control

    Friendzone is the premier social Web3 platform introducing real-time adaptive pricing and native reward distribution to ensure fair and dynamic value exchange. It is tailored to a creator’s reputation and community support. The platform is the first to incentivize sustained engagement and offers creators extensive control over content monetization. It is promoting a robust and inclusive digital circular economy at a large scale.

    The project is supported by a dedicated team of core contributors and advisors from industry-leading entities such as Synthetix, Band Protocol, Koinly, Immutable, Pendle Finance, Cyball, and Sparklabs.

    To prepare the community for its protocol launch, Friendzone has announced the launch of its “Friend Farming” campaign. This campaign aims to reward its community by distributing rewards to users who contribute to the platform’s growth through early involvement. Participants can earn Airdrop Points by inviting friends, creating friendship groups, and gaining early access to the platform.

    “Friendzone is more than a platform. It is a paradigm shift in how social applications should be built starting at the root of any great Web3 project – protocol design and incentive mechanisms – which secure the platform’s integrity and also drive user engagement and retention, essential for long-term success.”

    —Kevin Lu, Friendzone Co-Founder and CEO.

    The Friendzone app will offer a unique mechanism for a sustainable and scalable social capital marketplace with native reward sharing. Creator Chips, the native currency of creator networks, incorporates a reputation factor with its responsive pricing mechanism that adjusts the value of Chips in real-time. The creator’s reputation and the user’s overall network ownership will move according to the laws of supply and demand. This way, the platform prevents price manipulation and negative network effects.

    The SocialFi app ensures an equitable distribution of a creator’s revenue, incentivizing a two-way contribution between the creator and their social network. Creators can utilize the custom access controls provided by Friendzone to tailor their offerings, including access levels, content types, and pricing.

    Wrapping up

    Friendzone is a progressive web app, available on iOS and Android platforms with a browser application on the horizon. If you’re interested, you can join the new social Web3 era. The Friendzone Friend Farming campaign is a great opportunity for crypto enthusiasts with above-average knowledge about crypto, airdrops and blockchain to join a promising and rewarding Web3 community.

  • Oasys to Partner with AltLayer for Single-Click Metaverse

    Oasys to Partner with AltLayer for Single-Click Metaverse

    blockchain gaming

    Oasys has announced its intention to partner with AltLayer, a decentralized interlayer for rollups, for its single-click metaverse offering. 

    The partnership with AltLayer, which follows an agreement to embrace rollups generated by other parties via Oasys governance, is aimed at simplifying blockchain games and will also give users the ability to build Verses-Layer 2 rollups on Oasys. 

    In a tweet on December 12, Oasys made it known that its updates for 2024 include interoperability, an improved ecosystem and good content that will be inspired by “dragon’s visionary strength.”

    https://twitter.com/oasys_games/status/1734483438219198715

    AltLayer will help Oasys users develop and publish new Verses with just one click using AltLayer’s easy-to-use dashboards to build Layer 2 blockchain games.  Aside from this, AltLayer promises users with no experience the ability to construct and manage customized rollups.

    According to Oasys Director, Daiki Moriyama, there has been an increasing need for good gaming speed and the expectations of gamers. In Daiki’s words:

    “As blockchain gaming grows at a breakneck speed, the needs and expectations coming from gamers and developers continue to expand and diversify. As Oasys continues to provide stability and customizability through our proprietary Layer 2 development environment, we are also following the recent spread of Layer 2 and rollup technologies.”

    Daiki added that the company is ready to introduce other solutions that will address the various requirements of gamers as well as game developers. 

    Commenting on this collaboration, AltLayer CEO Dr. Yaoqi Jia said that gaming is a highly tactile application where the effectiveness of rollups can be seen in action.

    Jia further asserted that currently, many on-chain games are finding it difficult to attract an increase in usage due to issues such as congestion, infrastructure problems, usability and navigation issues. Scalability becomes an issue. Therefore, AltLayer is here to help tip the scale in the favour of gamers and game developers. 

    AltLayer is coming to the rescue. Developers of engaging digital experiences such as fully on-chain games (FOCGs) and autonomous worlds (AW) that are within the Oasys network can now greatly benefit from AltLayer’s RaaS services in regards to liberty, customization, velocity, and decentralization with only a few clicks. 

    Altlayer CEO, Dr. Yaoqi Jia, has thrown his weight behind the project as a technical advisor throughout the partnership period on new research developments like zk Proof and fast-finality.  This is aimed at ensuring that users or Verses get the best experience out of the cutting-edge infrastructure. 

    Yaoqi has previously held managerial positions at Parity and Zilliqa. She is well-grounded in blockchain-based distributed computing system security and currently has a Ph.D. in Computer Science from the National University of Singapore (NUS). 

    What is Altlayer? 

    AltLayer was founded in 2021 and it is an infrastructure that allows game developers to highly modular application-based rollups. The platform is built on a network called “Beacon Layer” which allows AltLayer to perform tasks like organizing, implementation, and verification of activities for rollups.

  • Shiba Inu’s (SHIB) Potential 2023 Surge Challenged by Rising Stars in the Crypto World

    Shiba Inu’s (SHIB) Potential 2023 Surge Challenged by Rising Stars in the Crypto World

    digital lock

    Shiba Inu (SHIB) hits network activity milestone. Meanwhile, a new project is threatening to take the meme coin’s shine.

    How does this increase in network activity impact the SHIB price prediction? And can this new project transform crypto? Let’s find out!

    Summary

    • Shiba Inu (INU) might reach $0.00002112 in 2024.
    • VC Spectra (SPCT) drives the DeFi revolution.

    SHIB Price Prediction: Shiba Inu (SHIB) Hits 7.4 Million Daily Transactions

    On December 2, 2023, Shibarium, Shiba Inu’s (SHIB) Layer-2 scaling protocol, broke its highest-ever daily transaction record, reaching 7.4 million transactions. This feat heralded Shibarium’s stunning revival after falling below 10,000 daily transactions. It is also part of an astounding pump that saw Shibarium amass 12.5 million transactions in two days.

    The number of active accounts also increased from 792 a week ago to 3155. New accounts also increased from 32 to 1849.

    As it stands, analysts have not figured out the reason for this massive resurgence. Despite this, they agree the comeback is beneficial to the Shiba Inu (SHIB) ecosystem.

    To take advantage of this resurgence, Shiba Inu (SHIB) has introduced a new burn program for Shibarium. The program will be automated and based on the number of transactions on Shibarium – more transactions mean more Shiba Inu (SHIB) tokens are burnt.

    This new Shiba Inu coin burn program will systematically reduce the SHIB in circulation, thereby boosting the token’s value, especially now that Shibarium is posting record transaction levels.

    The increased daily transaction levels have caused SHIB to surge, Shiba Inu (SHIB) has gained 19.2%, increasing from $0.00000837 to $0.00000998.

    Also, the SHIB price prediction for 2024 is $0.00002112. Analysts explain that if Shibarium’s daily transaction levels continue to soar or remain at this level, this prediction could become a reality. Therefore, they say Shiba Inu (SHIB) is one of the altcoins to watch next year.

    VC Spectra (SPCT) Is Transforming Blockchain Investment

    VC Spectra (SPCT) announced itself to the crypto community with its massive surge during its public presale. However, the protocol offers much more than price surges. VC Spectra (SPCT) is an investment-centered protocol that is changing the way investors interact with the blockchain industry and the crypto market.

    The protocol provides investment services tailored to the current realities of the market. VC Spectra (SPCT) users can invest in early-stage blockchain startups, growth-potential Web3 ventures, and specialized crypto niches. They can also stake or lend their crypto assets and trade arbitrage

    VC Spectra’s (SPCT) revolutionary use of AI to recognize and predict market patterns positions it to be one of the top DeFi projects of the future.

    The first set of investors saw this potential and invested $2.4 million during the seed sale. Other investors have also joined the train during the public presale. This demand has driven the SPCT price 862.5% higher, from $0.008 in Stage 1 to $0.077 in Stage 5.

    VC Spectra (SPCT) is expected to surge further in the last stage of the presale. The token will eventually surpass the 1000% mark.

    The pre-requisite to access VC Spectra’s offerings and to benefit from the upcoming surge is to own SPCT. SPCT is a BRC-20 standard token used for exchange, decentralized trading, asset management, and transaction fees on the VC Spectra platform.

    Benefits of holding the token include access to exclusive pre-ICOs, quarterly dividends and buybacks, and voting rights.

    All these positions VC Spectra (SPCT) as the top crypto to invest in today.

    To learn more about VC Spectra (SPCT), visit:

    Buy Presale: https://invest.vcspectra.io/login

    Website: https://vcspectra.io

    Telegram: https://t.me/VCSpectra

    Twitter: https://twitter.com/spectravcfund

    Disclaimer: This is a paid-for sponsored article. 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.

  • December’s Profitable Crypto Picks Unveiled: Exploring the Potential of VC Spectra, Celestia, and Ethereum

    December’s Profitable Crypto Picks Unveiled: Exploring the Potential of VC Spectra, Celestia, and Ethereum

    charging bull

    As the crypto market continues to evolve, December brings forth exciting opportunities with three standout tokens: VC Spectra (SPCT), Celestia (TIA), and Ethereum (ETH). Having made notable strides, these tokens have gained their place on the DeFi crypto list of promising tokens. Let’s explore their promising trajectories!

    Summary

    • VC Spectra’s (SPCT) outstanding features ignite a significant price surge.
    • Lumoz’s announcement of StableNet on Celestia’s (TIA) ecosystem contributes to a 53% surge in Celestia’s (TIA) price.
    • Ethereum (ETH) experienced a bullish momentum following the NEAR Foundation and Eigen Labs’ partnership.

    VC Spectra (SPCT): Revolutionizing DeFi with Blockchain Innovation

    In the realm of DeFi, VC Spectra (SPCT) takes the lead, reshaping traditional asset management through blockchain innovation. Positioned as one of the top DeFi projects, VC Spectra (SPCT) introduces a pioneering platform that revolutionizes conventional investment systems.

    Operating on a trustless and transparent blockchain, VC Spectra’s (SPCT) infrastructure employs cryptography and smart contracts to facilitate peer-to-peer trading and asset management. The platform offers a gateway to high-return investment opportunities aligning with investors’ values and principles.

    VC Spectra’s (SPCT) amazing features have attracted a vast number of investors to its ongoing presale, propelling an 862.5% surge. Between Stages 1 and 5, VC Spectra’s (SPCT) price pumped from $0.008 to $0.077, emerging as a top ICO.

    Market analysts foresee VC Spectra (SPCT) surpassing its presale target of a 900% surge to $0.080 in December. This has heightened investors’ attention in the token, placing VC Spectra (SPCT) as one of the top altcoins to watch out for!

    StableNet Ignites Bullish Momentum for Celestia (TIA)

    On November 21, Lumoz, a leading innovator in blockchain technology, announced the upcoming launch of StableNet, a groundbreaking ZK-Rollup solution built on Celestia (TIA). StableNet will offer a unique and highly efficient platform for scaling Ethereum applications powered by the stability and security of stablecoins.

    StableNet’s reliance on Celestia’s (TIA) Data Availability (DA) Layer indicates increased demand for Celestia’s (TIA) core technology. This increased demand was expected to boost the adoption and utilization of Celestia’s network, potentially driving up the price of TIA.

    As expected, Celestia’s (TIA) price surged, rising from $5.28 to $11.32 between November 21 and December 6. This reflects a 53% price increase. Market analysts believe Celestia (TIA) will maintain its upward trajectory, climbing to $13.34 by December 30.

    ETH Price Prediction: How High Can Ethereum Go in December?

    On November 11, the NEAR Foundation and Eigen Labs joined forces, heralding a new era for Ethereum (ETH). This partnership aims to transform Ethereum’s (ETH) transaction processing, especially in roll-ups, ensuring improved efficiency and cost-effectiveness.

    The focus of the venture is to elevate the NEAR-Ethereum Rainbow Bridge to an actively validated service (AVS), strengthening the bridging capabilities between NEAR and Ethereum (ETH). This development had a significant impact on the ETH price prediction as it ignited investor’s optimism.

    The news sparked a surge in Ethereum’s (ETH) price, pushing it from $2,047 to $2,310 between November 11 and December 6. Market traders are now eyeing a bullish ETH price prediction, anticipating a rise to $2,373 by December 28.

    To learn more about VC Spectra (SPCT) and its presale, visit:

    Buy Presale: https://invest.vcspectra.io/login

    Website: https://vcspectra.io

    Telegram: https://t.me/VCSpectra

    Twitter: https://twitter.com/spectravcfund

    Disclaimer: This is a paid-for sponsored article. 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.

  • Thena: Orbs Invest $600k in BNB Chain Liquidity Layer

    Thena: Orbs Invest $600k in BNB Chain Liquidity Layer

    Orbs Invest $600k in BNB Chain Liquidity Layer

    Orbs, has announced an investment plan of $600k in a decentralized exchange, THENA. 

    The blockchain infrastructure company said that the investment plan is geared towards improving and expanding THENA’s decentralized products as well as upgrading the BNB chain’s operating landscape.

    With this investment move, Orbs aims to ensure that the Web3 and blockchain projects can reach their full potential. Therefore, to achieve this, the blockchain company stressed the need to improve the functionalities of EVM chains. 

    According to Ankit Saxena, THENA CEO and Co-Founder, the company is happy with this vision and the new partnership. Ankit further said that Orb’s vision is in line with THENA’s, stressing that the development will strengthen mutually beneficial relations across the Asian onchain market. 

    Orba has also pledged technical support to the decentralized exchange company to ensure that the funding is put to good use and THENA can achieve set goals, which include increased liquidity, transactional efficiency and price. 

    To this end, some initiatives have been put in place to achieve a good number of existing user engagements and also onboard new users, which will help put the company ahead or on par with other web3 company competitors. 

    According to Orb, the first tranche of the investment will be paid to treasure as a strategic reserve. According to the company, this will ensure long-term sustainability and THENA’s success on this newly embarked journey. 

    Although this new partnership will not be the first ever recorded between these giants, Orbs and Thena have in the past collaborated on projects that have been reported to be productive. 

    For example, in June this year, THENA was reported to collaborate with Orbs dLIMIT and dTWAP to improve the trading functions of its native decentralized exchange and also improve the trading experience for users. 

    Thus, with this new collaboration, THENA users are set to enjoy an improved user experience and strengthen the DEX platform’s presence in the Asian on-chain market, among other initiatives that are in the pipeline with this collaboration and capital investment. 

    What you need to know about Orbs

    Orbs was founded in 2017, and since its inception, the blockchain infrastructure company has focused on innovation and use cases that are supported by network technology. 

    Orbs is popular for its protocols, which are dTWAP and dLIMIT, which are fully decentralized and compatible with most decentralized exchanges (DEX). 

    Orbs token is live on major exchanges such as SpookySwap, THENA, Chronos, to mention a few.

  • Price Analysis for NEO, VC Spectra, and Binance Coin (BNB): Future Expectations

    Price Analysis for NEO, VC Spectra, and Binance Coin (BNB): Future Expectations

    As the cryptocurrency landscape continues to evolve, NEO, Binance Coin (BNB), and VC Spectra stand out with their distinct market dynamics and growth potential. This in-depth analysis provides a snapshot of their recent market performances and future outlooks.

    NEO, with its robust technological advancements, has shown a significant rebound in price, reflecting the vibrancy of its ecosystem. Binance Coin, despite market fluctuations, maintains a strong presence with its substantial market cap and recent positive developments.

    Meanwhile, VC Spectra, a decentralized hedge fund, is carving a niche for itself with impressive presale performance and unique offerings in decentralized trading and investment returns. This article aims to offer a comprehensive overview of these coins, shedding light on their current standings and what lies ahead in the crypto arena.

    SUMMARY

    • NEO rebounds with project developments, current price $11.89, optimistic future.
    • BNB navigates challenges, current price $230.33, strong market presence.
    • VC Spectra surges in presale, promising utility and investment returns.

    NEO: A Resilient Contender in the Crypto Arena

    NEO, often hailed as the “Ethereum of China,” has recently showcased impressive resilience. After a dip in price, NEO rebounded significantly, attributed to key project developments and technological enhancements.

    As of now, NEO trades at around $11.89, experiencing a fluctuation of -22.24% over the past month but an 11.32% increase in the last week​​​​. This volatility reflects the active developments within the NEO ecosystem, including the introduction of a new sidechain aimed at enhancing security and user experience​​.

    Future forecasts remain optimistic, with analysts eyeing the $16 resistance area, indicating NEO’s potential for further growth in the crypto landscape.

    Binance Coin (BNB): A Look at Recent Trends and Future Expectations

    Over the last month, BNB experienced a fluctuating trajectory, with its value peaking at $269.92 on November 21st before dipping to $223.49 on November 27th. This volatility reflects a 7.62% decrease in its price, closing the month at $230.56. However, the past week painted a slightly different picture, with a modest 0.91% increase in its value, indicating a potential stabilization in the market.

    The recent developments around BNB are equally intriguing. A significant announcement was the launch of a new BNB Chain TVL Incentive Program, offering up to $160K for Web3 projects on opBNB. This initiative underscores BNB’s commitment to fostering innovation and growth in the Web3 space. Additionally, market analysts are predicting a surge in BNB’s value come January 2024, alongside Pullix (PLX), hinting at a bullish future for the coin.

    Furthermore, Binance’s recent $4.3 billion settlement marks a crucial shift in regulatory perspectives, potentially paving the way for more stable and regulated growth in the cryptocurrency sector. This development, coupled with the Coinbase CEO’s bullish stance post-settlement, adds to the positive sentiment surrounding BNB.

    As we analyze Binance Coin alongside NEO and VC Spectra, it’s clear that BNB’s journey is marked by significant developments and a promising outlook. Its involvement in Web3 initiatives and the optimistic market predictions position BNB as a cryptocurrency with the potential for substantial growth and impact in the near future.

    VC Spectra: Revolutionizing the Crypto Investment Landscape

    VC Spectra, a decentralized hedge fund, is redefining investment in the cryptocurrency sector. Unlike traditional cryptocurrencies, VC Spectra offers tangible, real-life utility by providing quarterly dividends and buybacks from investment profits.

    Its BRC-20 standard token, SPCT, facilitates decentralized trading and asset management, underscoring its unique market position.

    The token’s deflationary nature, with a burn mechanism reducing circulation, further enhances its value. In its presale stages, VC Spectra’s SPCT token has seen a staggering 862.5% increase in value, indicating robust investor confidence and market potential​​.

    The SPCT token is currently selling at $0.077, which is a 16.6% increase from the price of Stage 4.

    Analysts forecast a promising future for SPCT, with expectations of a 900% surge by the end of the public presale.

    To learn more about VC Spectra (SPCT) and its presale, visit:

    Presale: https://invest.vcspectra.io/login

    Telegram: https://t.me/VCSpectra

    Website: https://vcspectra.io

    Twitter: https://twitter.com/spectravcfund

    Disclaimer: This is a paid-for sponsored article. 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.

  • Namada Rewards Its Community with 65 Million $NAM Tokens Airdrop Ahead of Its Mainnet Launch

    Namada Rewards Its Community with 65 Million $NAM Tokens Airdrop Ahead of Its Mainnet Launch

    Namada airdrop

    Namada is an asset-agnostic multichain privacy blockchain that is preparing for its mainnet launch by distributing 65 million $NAM tokens to thousands of its community members who have contributed to the development and enhancement of the platform. The airdrop is called Retro Public Goods Funding or in short, RPGF. It aims to acknowledge the good deeds of builders, developers, researchers and supporters of public goods on Namada.

    Namada is a blockchain platform that enables users to transact any digital asset across multiple chains with privacy and security. It leverages zero-knowledge proofs, a cryptographic technique that allows users to prove something without revealing any sensitive information, to shield the identities and balances of the transacting parties. Namada also supports interoperability with other blockchains, such as Cosmos, Ethereum and Polkadot, through the Inter-Blockchain Communication (IBC) protocol. It is governed by the Anoma Foundation, a non-profit organization that oversees the development and innovation of the platform.

    How to claim the RPGF airdrop

    The RPGF airdrop will reward various segments of the Namada community, including key developers of the Zcash infrastructure, contributors to zero-knowledge protocols and cryptography solutions, decentralized privacy protocols, and zero-knowledge learning resources. On top of that, stakers of $ATOM and $OSMO tokens, voters and donors of zero-knowledge and crypto advocacy projects on Gitcoin, and participants in the Namada Trusted Setup Ceremony held last year will also receive a share of the $NAM tokens. The total count of eligible token recipients is over 200,000.

    Christopher Goes, co-founder of Namada, explains the logic behind the RPGF airdrop:

    “If we want to live in a flourishing world of public goods, we must design and use economic systems which support them not only in rhetoric but also in material compensation. Namada depends upon many public goods which have come before, and this RPGF drop is part of our attempt to give some ownership back to the creators and supporters of those goods and do our part in realising such a world.”

    The airdrop will run from December 6, 2023 to December 28, 2024. Eligible participants can submit their Namada genesis accounts through rpgfdrop.namada.net. The submitted accounts will be included in the Namada genesis block proposal with the corresponding number of $NAM tokens attributed to them.

    What is Namada?

    The $NAM token is the native currency of Namada, which can be used for various purposes, such as staking, governance, and paying transaction fees. Users can stake $NAM tokens to secure the Namada network, either by running their own validators or by delegating their stake to other validators. Users can also vote on the Public Goods Funding (PGF) stewards, who control the PGF treasury to fund public goods. On top of that, users can pay for any transaction involving any asset on Namada with $NAM tokens, including transactions from transparent to shielded accounts, shielded to shielded accounts, and shielded to transparent accounts.

    Conclusion

    Namada is a promising platform that aims to bring privacy and interoperability to the blockchain space. By rewarding its community with the RPGF airdrop, Namada is showing its appreciation and gratitude to the public goods that have enabled its innovation and development.

  • Bitget Review: Tips for Using Copy Trading, Futures, and Margin to Amplify Returns

    Bitget Review: Tips for Using Copy Trading, Futures, and Margin to Amplify Returns

    Bitget Trade Smarter

    One such exchange that has risen to prominence in recent years is Bitget, the world’s largest cryptocurrency copy trading platform. Since establishing itself in 2018, Bitget has grown exponentially to serve over 20 million users globally with a daily trading volume of $10 billion. So what exactly makes Bitget stand out from the crowd and how can you leverage its features to trade smarter? Let’s take a deeper dive.

    Pros and cons of Bitget

    To provide a balanced perspective, here are some key pros and cons:

    Pros of Bitget:

    • Industry-leading copy trading features
    • Regulated and possesses required licenses
    • Robust security infrastructure and protection fund
    • Low fees and high leverage futures trading
    • Over 500 tradeable assets and pairs
    • Advanced trading tools and educational resources

    Cons of Bitget:

    • Steep learning curve for advanced order types
    •  Low direct crypto purchase limits for fiat
    • Customer service response times may vary

    An Overview of Bitget Exchange

    Bitget describes itself as creating “a more equitable future where crypto evolution reforms the way finance works.” Through simple yet powerful trading tools, it aims to empower individuals to embrace the future of finance safely, easily, and efficiently.

    In addition to basic spot trading of over 500 coins and 500 trading pairs, Bitget is best known for its copy trading and futures trading products. Copy trading allows you to automatically replicate the trades of experienced traders while futures trading offers highly leveraged contracts for magnifying profits or losses. Further innovative features include strategy trading with preset auto-trade bots and spot margin trading that lets you trade larger volumes using leverage.

    The key to Bitget’s success has been its community-focused approach to continuously innovating based on user feedback and safeguarding funds with measures like a $300 million protection fund and Merkle Tree proof of reserves. Under Gracy Chen’s leadership as Managing Director, Bitget has expanded from 4 million users in 2020 to over 20 million today, cementing its position as a top-five futures and spot platform.

    Key things to know before getting started

    Fees: Bitget has competitive fees compared to peers. Maker fees for spot trading are 0.1% and takers 0.1% with a 20% discount for paying in BGB tokens. Futures fees are 0.02% for makers and 0.06% for takers.

    Supported Currencies: Over 500 trading pairs including major coins like Bitcoin, Ethereum as well as altcoins. You can also purchase crypto directly using fiat.

    Security: Bitget employs bank-level security with multi-layer authentication, two-factor authentication, and all funds stored in both hot and cold wallets.

    Withdrawals & Deposits: Supports bank transfers and stablecoin withdrawals. Deposit options include credit cards, Apple Pay, and bank transfers. The average processing time is 10 minutes or less.

    KYC Requirements: Identity verification is mandatory to access some advanced features. Bitget requires basic information like ID, address proof, and selfies for level 1 KYC.

    Customer Support: Live chat and email support available 24/7. Response times are generally less than 15 minutes.

    Tools & Resources: Beginner-friendly learning center and wiki provide guides on trading basics, strategies, and tutorials for using Bitget services.

    Now that you understand the key aspects, let’s explore some tips for taking your trading to the next level on Bitget.

    Trade smarter with Bitget’s copy-trading feature

    Leveraging the expertise of skilled traders is one of the easiest ways to gain a profitable edge. Copy trading lets you automatically replicate the positions of the top traders on Bitget who have a proven track record after thorough screening by the platform.

    Rather than endlessly searching for the next big coin or timing the market, follow traders specializing in strategies like scalping, day trading, grid trading and more based on your preferred niche and risk tolerance. Many of the top traders can achieve returns of over 100% annually.

    To get started, search traders by filter options like their rating, followers, and profit/loss percentage. Then choose your preferred trading pairs and leverage before activating the copy. Set appropriate risk controls and you’re now benefiting from the “wisdom of the crowd”.

    Amplify gains with futures & margin trading

    While borrowing can exponentially grow your profits, the associated risks must be appropriately managed. Futures contracts on Bitget offer up to 125x leverage on major coins like BTC and ETH, magnifying even small price movements. Pair this high leverage with solid risk management practices.

    Some tips include only risking 1-2% of your account per trade, placing stop losses, and hedging positions to limit the downside during volatility. The cross-margin mode lets you utilize your entire futures balance as a margin while the isolated margin calculates risk independently on each position.

    You can also trade larger spot volumes through Bitget’s margin trading feature with up to 10x leverage. Maintain a positive funding rate, watch your liquidation price, and scale into larger positions slowly as your skills and market awareness improve over time.

    Earn passive income through savings and staking

    Diamond hands are rewarded on Bitget through a selection of savings and staking options. The flexible Bitcoin Savings product lets you lock BTC for a set period to earn daily compound interest of up to 15% APY.

    Alternatively, stake BGB governance tokens to receive trading fee discounts and participate in project governance. Strategically parking funds in stablecoin savings at 8-15% APY is another smart way to generate risk-free returns while retaining upside market potential.

    These features are perfect for long-term holding strategies and empower users to earn income from their digital asset holdings instead of relying only on price appreciation. Consider setting aside a small portion of your portfolio for such passive income streams.

    Automate trading with strategies

    The strategy trading module on Bitget unleashes automation potential by offering ready-made algorithms and templates designed by expert traders. Options span grid, mean reversion, and DCA blueprints optimized for coins like ETH and BTC.

    Automating repetitive tasks through these bots allows setting and forgetting positions according to pre-programmed rules like scaling in or out. For ultimate flexibility, advanced users can also build entirely custom strategies using variables and conditional logic.

    Automation streamlines the process, upholds prudent risk controls, and diligently backtests strategies on paper before activating with real funds to avoid potential pitfalls. Monitor performance closely over different market conditions as well.

    To conclude – trade smarter on Bitget

    Bitget brings a user-friendly experience paired with powerful advanced services that appeal to all experience levels. From spot trading basics to leveraged derivatives, you can grow and fine-tune your skills while Bitget’s comprehensive security safeguards protect your digital assets.

    Tools like copy trading remove the need to predict short-term market nuances, while strategy automation executes intricate plans systematically. Always deploy prudent risk management according to your specific goals and circumstances.

    By understanding and leveraging Bitget’s full suite holistically through practices outlined here, traders of any experience level can stay one step ahead of the competition and consistently trade smarter.