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  • Crypto Expo Asia Announces Latest Headline Speakers and Partners: Coinhako, EMURGO, Matrixport, and More

    Crypto Expo Asia Announces Latest Headline Speakers and Partners: Coinhako, EMURGO, Matrixport, and More

    Tickets to the highly anticipated conference is selling out ahead of its 7 to 8 June launch at Marina Bay Sands Singapore 

    SINGAPORE, 16 May 2023 — Crypto Expo Asia, one of the region’s leading crypto conferences and exhibitions, today announced several new headline speakers and a partnership with ACCESS Blockchain Association Malaysia as the event bolsters its collaboration with leading industry groups across the region. 

    This dovetails Crypto Expo Asia’s earlier collaborations with the Asia Blockchain Association (ABA), Asia Blockchain Gaming Alliance (ABGA), Asosiasi Blockchain Indonesia (ABI), Singapore Fintech Association (SFA), and the Singapore University of Social Sciences Node for Inclusive FinTech Blockchain Security Alliance (SUSS NiFT). 

    This second edition of Crypto Expo Asia also unveiled its latest line-up of headline speakers, which include Henryk Abucewicz Tan, Head of Institutional Sales at Coinhako, the first crypto-asset exchange to receive in-principle approval from the Monetary Authority of Singapore; Sebastian Zilliacus, Managing Director of EMURGO Media, the official commercial arm and a founding entity of the Cardano blockchain; Karthik Rajeswaran, VP of Product at Headquarters (HQ.xyz), a Web3 finance operations toolkit; Julian Kwan, Co-Founder and CEO of InvestaX, a Singapore-licensed tokenization SaaS platform and IX Swap, the first automated market maker for tokenized assets; Anuj Shankar, CEO of Luganodes, a Swiss-operated institutional-grade staking service provider; Timothy Tan, Head of Sales and Marketing at Cactus Custody, the institutional custody arm of the leading digital assets financial services ecosystem Matrixport; and Dr Ben Zhang, Co-Founder and COO of NodeReal, the leading one-stop blockchain infrastructure and service provider.

    Caption (L – R): Henryk Abucewicz Tan of Coinhako; Sebastian Zilliacus of EMURGO Media; Karthik Rajeswaran of Headquarters (HQ.xyz); Julian Kwan of InvestaX and IX Swap; Anuj Shankar of Luganodes; Timothy Tan of Matrixport; Dr Ben Zhang of NodeReal 

    Michael Xuan, Director of Crypto Expo Asia, said “Institutional interest in blockchain and Web3 technology remains at a high despite fears of a prolonged crypto winter. As the entire industry approaches maturity, as evidenced by increased regulatory oversight, now is the time for public and private sector stakeholders to work more closely together than ever before.” 

    “South and Southeast Asia have some of the world’s highest crypto adoption rates. It will come as no surprise that Crypto Expo Asia is seeing record interest from industry associations as well as global and regional players, keen to further discourse around hot-button issues including artificial intelligence, CBDCs, Web3 regulation, Metaverse adoption, and blockchain gaming,” he continued. 

    President of ACCESS Blockchain Association Malaysia, Harpreet Singh, said, “ACCESS Malaysia is excited to contribute to the discussions around how crypto assets will reimagine the financial ecosystem. As the sector evolves toward mainstream acceptance spurred by the ongoing regulatory developments both in the region as well as globally, we believe Crypto Expo Asia will be a timely avenue to discuss the path ahead for the industry.” 

    2023 also marks the debut of the Web3 Expo Asia Summit, a sub-event under the auspices of Crypto Expo Asia dedicated to panel sessions around NFTs and the Metaverse. 

    Association members will receive access to preferential rates for all sponsorship packages and delegate passes. Interested parties should contact: info@cryptoexpoasia.com 

    Interested sponsors, partners, and speakers at Crypto Expo Asia are encouraged to visit the website for more information: https://cryptoexpoasia.com/. 

    – END – 

    About Crypto Expo Asia 

    Crypto Expo Asia is the premier event for the global crypto ecosystem in Asia, creating an integral platform for the industry to connect and exchange ideas. Attendees gain valuable insight into the global crypto ecosystem and are given a chance to exchange ideas with established thought leaders. 

    Topics discussed include the future of the blockchain-based economy and the possible impacts on industry and society, while attendees are among the first to know about market movements, partnerships and product launches. Crypto Expo Asia is an unrivalled global meeting place for like-minded entrepreneurs, industry insiders and investors. 

    For more information, visit: https://cryptoexpoasia.com/ 

    Media Contacts 

    Wachsman for HQMENA 

    cryptoexpoasia@wachsman.com  ​

  • Cerus Markets Announces 400:1 Leverage Update

    Cerus Markets Announces 400:1 Leverage Update

    Labuan, Malaysia, May 26th, 2023, Chainwire

    Cerus Markets is thrilled to announce an exciting update to its leverage options for non-crypto instruments. Effective immediately, Cerus Markets clients can enjoy leverage of up to 400:1 for Forex, Commodities, Indices, and Single Stocks trading.

    This increase in leverage options allows traders to make the most of their investments, providing greater market exposure and the potential for higher returns. By offering increased leverage options for non-crypto instruments, Cerus Markets aims to provide clients with even more opportunities to capitalize on market movements.

    At Cerus Markets, the company prides itself on its commitment to providing clients with the best possible trading experience. This update is just one example of the company’s dedication to ensuring that clients have access to the best tools and trading conditions.

    About Cerus Markets

    Established in 2022, Cerus Markets Limited is a multi-asset broker authorized and regulated by the Labuan Financial Service Authority, Malaysia. With a focus on innovation, Cerus offers unique crypto derivative products that allow clients to trade over 200 instruments paired with cryptocurrencies. Alongside crypto derivatives, Cerus provides trading opportunities in FX, Commodities, Indices, and Single Stocks.

    Cerus Markets believes in empowering traders of all levels with easy and affordable access to the market. The trading platform stands out from traditional brokers by not charging entry fees and allowing trading of a wide range of digital assets starting from just $50, with leverage up to 400:1.

    Moreover, traders can benefit from a 100% deposit matching bonus, doubling the amount of their first deposit and further enhancing their trading experience.

    Visit cerusmarkets.com to learn more about Cerus Markets and its offerings.

    Instagram l Twitter l Telegram

    Contact

    Marketing Director at Cerus Markets
    Veronica Imasheva
    marketing@cerusmarkets.com

  • Stably Launches #USD as the First BRC20 Stablecoin on the Bitcoin Network

    Stably Launches #USD as the First BRC20 Stablecoin on the Bitcoin Network

    Renton, United States, May 25th, 2023, Chainwire

    Stably, a leading Stablecoin-as-a-Service (SCaaS) and fiat on/off-ramp infrastructure provider for Web3 projects, is aiming to revolutionize the nascent Bitcoin ordinals market by launching its US Dollar (USD)-backed stablecoin, Stably USD, as a natively-issued BRC20 token under the symbol #USD. This groundbreaking development marks a critical milestone in the exponentially growing Bitcoin ordinals ecosystem that is now reaching half a billion dollars in total market capitalization in less than six months.

    #USD is a BRC20 standard stablecoin created via the Bitcoin ordinals protocol which was introduced in January 2023 after the recent Taproot upgrade. BRC20 tokens use a technique called ordinal inscriptions to attach data to individual “satoshis,” the smallest unit of a Bitcoin. These satoshis can then represent anything from digital art ownership to “meme coins” and even stablecoins.

    According to Stably, every #USD token is backed 1-to-1 with USD in a collateral account managed by a US-regulated custodian for the benefit of KYC/AML-verified token holders. Monthly reports for the account are also conducted by a third-party stablecoin attestor to ensure #USD tokens are always fully collateralized with USD.

    “When I met Domo, the creator of the BRC20 standard, at the Bitcoin 2023 conference in Miami, I told him about our upcoming plans for #USD,” said Kory Hoang, Stably’s CEO and Co-Founder. “He thought it was great and funny how we are creating a stablecoin on Bitcoin to enable Bitcoin trading on-chain… With a stablecoin built on Bitcoin. I’m still chuckling about it to this day, actually. In just one week after that, however, we made it happen!”

    The integration of BRC20 #USD into the Bitcoin network is part of Stably’s mission to power the next billion Web3 users with a seamless fiat-to-crypto and stablecoin onramp to all popular and emerging blockchain networks. The company’s upcoming collaborations with prominent ordinals and BRC20 projects, including UniSat–the world’s largest decentralized wallet/marketplace for ordinals–and Ordzaar–Asia’s first decentralized ordinals marketplace project, reflect Stably’s aspiration to drive global innovation and adoption toward decentralized finance on the Bitcoin network, or “BitFi.” Additionally, Stably’s engineers are now exploring the new ORC20 standard for Bitcoin ordinals, which could significantly enhance the token properties of #USD once implemented. 

    #USD can be issued/redeemed with Fedwire, SWIFT, USDC, and USDT by KYC-verified users across 200+ countries/regions currently, including up to 44 US states. Stably states that it is employing a manual process of issuance/redemption for #USD’s initial launch but plans to release support for automatic issuance/redemption through Stably Ramp, the company’s plug-and-play fiat gateway widget, during Q3 2023. By then, users of #USD will be able to on/off-ramp via more traditional payment methods like ACH, instant ACH, and credit/debit cards, in addition to bank wires.  

    Founded in 2018, the 20+ team member Seattle FinTech is backed by leading institutional and angel investors in the crypto space, such as Morgan Creek Capital, BEENEXT, 500 Startups, Hard Yaka, CREAM Labs, Sunny Lu of VeChain, and Paul Stahura of Donuts, Inc. The company has raised over $7.5-million in total funding to-date, $5-million of which was collected during its last Pre-Series A round in December 2021. Stably has also expanded its fiat on/off-ramp and stablecoin natively to more than ten emerging networks, including Arbitrum, XRP Ledger, Stellar, Tezos, VeChainThor, Harmony, Polymesh, Coreum, ICON, and Chia Network.

    About Stably

    Stably is a Web3 payment infrastructure provider and FinCEN-registered MSB from Seattle. The company specializes in providing stablecoins and fiat <> crypto on and off-ramps to users of Web3 applications. Stably’s mission is to power this decade’s next billion Web3 users with regulatory-compliant payment infrastructure across both developed and emerging blockchain ecosystems.

    Visit stably.io to learn more.

    Risk Disclaimer: Digital assets involve significant risks, including (but not limited to) market volatility, cybercrime, regulatory changes, and technological challenges. Past performance is not indicative of future results. Digital assets are not insured by any government agency and holding digital assets could result in loss of value and even principal. Bridged or wrapped digital assets (e.g. WBTC) involve additional risks, such as technical challenges, higher fees, security vulnerabilities, and reliance on third-party custodians. Please conduct your own thorough research and understand potential risks before purchasing/holding digital assets. Nothing herein shall be considered legal or financial advice. For more information about the risks and considerations when using our services, please visit: stably.io/terms-of-service.

    Contact

    Stably Head of Marketing
    Matthew Barrett
    Stably
    matt.barrett@stably.io

  • Herencia Artifex, an NFT project for artistic collaboration across genres, sells the first of NFT

    Herencia Artifex, an NFT project for artistic collaboration across genres, sells the first of NFT

    Tokyo, Japan, May 25th, 2023, Chainwire

    Herencia Artifex promotes collaboration across art world boundaries and provides a venue for artists of different backgrounds and styles to come together and produce creative works.

    The project name “Herencia Artifex” (abbreviated HXA) is Latin for “Herencia” (inheritance) and “Artifex” (artist). The HXA project aims to use NFT to pass on outstanding artists and crafts.

    This genre-transcending artistic collaboration in the Web3 space will give birth to new art forms and expressions, contributing to enriching the field of art. The creators are determined to create a realistic artistic experience through the NFT collection.

    NFT First “Gizan Katoh”

    The first NFT “Gizan Katoh” is a collaboration with Gizan Kato, a Buddhist priest and the main artist of the exhibition, and is based on his work “Kirin” (Qilin).

    “Kirin” is a phantom animal said to bring good fortune and to appear in a peaceful world in Japan. The “Qilin” will be reborn as a NFT by Mora, a 3D Artist

    The collection has a variety of colors for sale as well as standard designs. In total, 600 NFTs will be sold, with only 15 of each special design.

    The collection will be available in multiple colors and will be released all together at the beginning of June on OpenSea. The collection is currently on sale, ending on June 31.

    Future development

    The second NFT “Nails by mei” ( https://www.instagram.com/nailsbymei/#)

    “Nails by mei”, will be a collaboration with Mei Kawajiri, an artist whose original and unconventional nail designs captivate the world and are supported by many celebrities and other famous people.

    The team is excited to see her designs for HXA. In addition to NFT, the creators will also be developing a realistic art collaboration with Gisan Kato.

    Photo Credit:Photo by Luisa Opalesky

    Mora Vieytes (3D Artist & Designer)

    https://moravieytes.com/

    3D artist & designer with a focus on playful 3D illustrations, lettering, design and GIFs

    About Herencia Artifex

    Herencia Artifex NFT collections is for art purposes. NFT owners will have prioritized access to special events and community participation rights.

    Website: https://www.nft.herenciaartifex.io/  

    Twitter: https://twitter.com/HerenciaArtifex

    Discord: https://www.instagram.com/herencia_artifex/  

    Instagram: https://discord.gg/H8YSZbN9DT

    Contact

    Mizue
    info@templecoin.io

  • Immutable and MetaStudio Announce Partnership to Enhance the Gaming Metaverse

    Immutable and MetaStudio Announce Partnership to Enhance the Gaming Metaverse

    Braga, Portugal, May 22nd, 2023, Chainwire

    MetaStudio, a renowned Portuguese game studio, has announced a new partnership with Immutable, a leading Ethereum Layer 2 scaling solution provider, aimed at transforming the gaming metaverse.

    MetaStudio has been recognized for its innovative games and games-as-a-service offerings, along with their unique non-fungible token (NFT), Rune Realms, which offers holders a chance to partake in a 10% revenue share in the studio’s earnings. By integrating with Immutable’s Layer 2 blockchain infrastructure, MetaStudio can provide players with a dynamic gaming experience and unique benefits such as zero gas fees for peer-to-peer trading and secure ownership of in-game assets.

    Immutable is an ideal partner for us,” said Carlos Domingues, CEO of MetaStudio. “Their Ethereum Layer 2 solution enables us to offer our players genuine ownership of their in-game assets and the ability to profit from their gameplay. And their upcoming passport feature allows us to keep developing with web2 players in mind. This partnership will help us to develop games that are not only entertaining but also rewarding.

    This partnership comes at a time when interest in the metaverse is increasing rapidly. As a collective virtual shared space created by the convergence of virtually enhanced physical and digitally created reality, the metaverse offers significant opportunities for innovative gaming experiences. The partnership between Immutable and MetaStudio is expected to contribute significantly to this evolution.

    In addition to the partnership with Immutable, MetaStudio is also collaborating with several other leading companies in the gaming industry:

    Metacade – A comprehensive ecosystem for users to play, earn, build, and connect in Web3.

    Somnio – the company behind Matafuse a NFT hosting and management platform designed for content creators and developers to streamline the creation and distribution of their imagination.

    Together, these partnerships signal MetaStudio’s commitment to advancing the gaming industry and providing exceptional experiences for players.

    MetaStudio’s team brings a wealth of experience to this endeavor, with co-founders who have contributed to major projects in the entertainment industry, including “Kung Fu Panda,” “Pirates of the Caribbean,” “Transformers,” and “Guild Wars.”

    Players who are interested in the new opportunities presented by this partnership can mint their Rune Realms NFT and partake in the future of gaming with MetaStudio. By doing so, players also become eligible for a 10% revenue share, presenting a unique opportunity to tap into a growing industry currently estimated to be worth nearly 200 billion dollars.

    About Immutable

    Immutable is an Australian technology company that uses blockchain technology to improve the gaming industry. Its Ethereum Layer 2 scaling solution, Immutable X, provides a zero-gas layer for Ethereum that ensures secure trading and ownership of digital assets.

    About MetaStudio

    MetaStudio, based in Braga, Portugal, is a leading game studio that develops engaging mobile games and provides games-as-a-service. MetaStudio integrates innovative game designs with blockchain technology and unique NFT offerings to enhance player engagement and community growth.

    Join Metastudio on Discord & Twitter

    Contact

    CEO
    Carlos Domingues
    MetaStudio
    carlos@metastduio.pt

  • CEDEN acquires Galaxy Rendered Expanding the Content Ecosystem

    CEDEN acquires Galaxy Rendered Expanding the Content Ecosystem

    Tortola, British Virgin Islands, May 24th, 2023, Chainwire

    CEDEN Network Ltd has acquired Galaxy Rendered Limited for an undisclosed sum, strengthening the foundation of the EDEN Content Creation Ecosystem with a wholly owned subsidiary Web3 development studio and its debut metaverse game title, Rocket Monsters.

    Galaxy Rendered Limited is an innovator in Web3 gaming, developing the Play to Earn (P2E) PVP game, Rocket Monsters, which currently features two playable alpha levels, and is nearing launch of the full playable beta open world experience.

    Andrew Woodward, Founder and CEO of Galaxy Rendered Limited, has joined the CEDEN Advisory Board, following the sale of his company to CEDEN. In this capacity, Andrew will continue to advise on the development of Rocket Monsters and the dynamic ecosystem that the Galaxy Rendered team has cultivated over time.

    Galaxy Rendered development and art teams have also remained with the company following the ownership transition, adding significant experience and depth to the CEDEN team.

    Galaxy Rendered has crafted a unique digital gaming universe with Rocket Monsters, featuring both PVP and PVE immersive environments. Rocket Monsters is a multi-faceted game in which the bears and other extraterrestrial monsters navigate the vast playable environments using interstellar vehicles, engage in thrilling open-world PVP confrontations with the enemies, and battle for the opportunity to harvest valuable resources. All the in-game characters, weapons, vehicles and resources can be purchased, sold, and transferred as digital assets.

    CEDEN will refine and continue to deliver the existing roadmap of Rocket Monsters, including consolidating and growing the vast NFT collections that exist in the ecosystem currently, and preparing the Rocket Monsters universe for the beta launch of the open world which will include the introduction of playable NFT vehicles called Star Racers, player owned land and shops, and the vast resource collection system that is the foundation of the ecosystem.

    “With the successful acquisition of Galaxy Rendered, CEDEN’s vision of being a Network-as-a-Service (NaaS) infrastructure powerhouse, serving a vast and diverse range of content creators, is coming to fruition,” remarked Alex Moody, CEO of CEDEN. “Our team and the advisory board have experts from both Web2 and Web3 gaming, marketing resources, and the tools to empower interactive games like Rocket Monsters. We are excited for what this adds to the CEDEN Network’s content delivery network (CDN), along with offering CEDEN Mint Pass holders preferential access to minting opportunities, airdrops and rewards from games within the ecosystem, including Rocket Monsters.”

    Andrew Woodward, the CEO of Galaxy Rendered Limited, expressed enthusiasm about the acquisition, emphasizing Rocket Monsters’ ambition to evolve into a Web3 game that transcends traditional blockchain limitations and embraces a multi-chain future for Web3 gaming. He anticipates a seamless, engaging gaming experience, made possible through the use of CEDEN’s Web3 toolkits and peer-to-peer network.

    Since launching two months ago, CEDEN has announced two additional significant partnerships and investments, including with the up-and-coming Brooklyn-based game development studio, K11 UNLIMITED, and the LA-based game studio, Gammaker Inc.

    Michael Haller, CEDEN’s Head of Gaming and the Executive Chairman of Gammaker Inc, commented: “The strategic value of these partnerships is invaluable as they leverage CEDEN’s infrastructure toolkit while delivering a steady flow of high-quality content for NFT node operators.”

    Throughout the month of April, CEDEN successfully minted 3,333 CEDEN Mint Passes, each providing entry into the dynamic CEDEN ecosystem. Looking forward, the third quarter will herald the arrival of Keystone NFT Nodes at CEDEN. This collection, comprising 10,000 NFT Nodes, will lay the groundwork for the CEDEN Network — a decentralized, peer-to-peer (P2P) Content Delivery Network (CDN) — designed to help the gaming industry to transcend the limitations of the past.

    It’s time to move beyond the machine.

    About CEDEN

    CEDEN is a Network-as-a-Service (NaaS) open-source infrastructure company empowering content creators in gaming and the metaverse industry. CEDEN is empowering a diverse array of content creators such as gamers, designers, NFT artists, and game publishers. The CEDEN team continues to grow the ecosystem, providing support through gaming distribution channels, monetization opportunities, and expanding their interactive entertainment toolkits, agency and publishing services, and Web3-as-a-Service (W3aaS) products to the broader industry.

    For more information please visit linktr.ee/ceden_network

    Contact

    CMO
    Sook Hwang
    CEDEN
    sook@ceden.network

  • FLUUS Kickstarter Listing Campaign Goes Live on MEXC Global, Promises Airdrop Rewards

    FLUUS Kickstarter Listing Campaign Goes Live on MEXC Global, Promises Airdrop Rewards

    MEXC listing

    Prominent cryptocurrency exchange MEXC Global recently unveiled the commencement of its latest Kickstarter campaign, which is designed to identify and support exceptional projects. The upcoming Kickstarter session will showcase FLUUS (FLUUS), a promising offering with a vision to revolutionize access to Web3 solutions. Participants in the campaign will have the opportunity to stake their MX tokens, vote for FLUUS, and stand a chance to win attractive airdrop rewards.

    Founded in March 2022, FlUUS aims to transform the accessibility of Web3 solutions on a global scale. The platform offers a range of crypto solutions, including fiat/crypto pipelines in developing markets, through shared economy principles. Moreover, the project aims to simplify the digital onboarding process that can help bring more users to the crypto ecosystem by providing consumer-facing products that can help bridge the gap between traditional and Web3 user experiences.

    A Closer Look at the Campaign

    The voting period for the FLUUS Kickstarter campaign commenced on May 23, 2023, at 10:00 UTC and is set to conclude on May 24, 2023, at 09:50 UTC. Trading of FLUUS tokens began on May 24, 2023, at 12:00 UTC, while withdrawal of tokens can be initiated starting from May 25, 2023, at 12:00 UTC. To actively participate in the Kickstarter campaign and be eligible for free FLUUS tokens, users must stake MX tokens and meet specific requirements.

    For registration eligibility, users are required to hold a minimum of 1,000 MX or more for 15 consecutive days before May 22, 2023, at 16:00 UTC. Users can deposit MX tokens into their Spot Wallet and participate in the voting period, which runs from May 23, 2023, at 10:00 UTC to May 24, 2023, at 09:50 UTC. 

    Lastly, it bears mentioning that during the campaign, MEXC Global users are eligible to employ their MX tokens in lieu of voting rights, with voting being carried out by clicking on the following link. 

    Abundant Rewards: Why Participate?

    The FLUUS campaign features an enticing reward pool consisting of 1,200,000 FLUUS tokens and 20,000 USDT. Notably, the campaign sets FLUUS’ native token price at 0 USDT, with a reference price of $0.025. Participants are invited to commit a minimum of 1,000 MX tokens, with a maximum limit of 500,000 MX tokens.

    The reward calculations prioritize successful commitments, ensuring participants’ MX tokens remain freely accessible throughout the campaign. Airdrop rewards will be distributed proportionally based on the total votes received by each participant once the campaign concludes. This approach fosters a fair distribution system, where individuals holding larger amounts of MX tokens can enjoy correspondingly higher airdrop rewards.

    Moreover, successfully joining the FLUUS Kickstarter campaign grants participants eligibility to partake in other ongoing MEXC Global Kickstarter and Launchpad events. The allocation of rewards for these events is determined based on the users’ effective and committed MX amount. 

    To calculate the user rewards, the following formula can be applied: User A’s rewards = (6,000 MX * 1.1) / 100,000,000 * 1,200,000 FLUUS. 

    Offering User-Friendly Crypto Services to the Masses

    MEXC Global, founded in 2018, is a digital asset trading platform that provides its users with a powerful trading engine as well as an advanced transaction matching module. The platform’s growing market clout is best showcased by the fact since its inception, MEXC Global has successfully served over 10 million users across 170 countries and regions.

    Moreover, the exchange’s high-performance trading engine handles an impressive 1.4 million transactions per second while offering a vast network of cryptocurrency traders (>10 million) and other mainstream partners. Lastly, within just 12 months of its launch, MEXC was able to capture 5% of the global digital asset trading market. In fact, the platform won the “Best Crypto Exchange Asia” award at the 2021 Crypto Expo Dubai.

    Thus, as the project continues to expand, its ultimate goal is to become the preferred choice for both novice crypto traders and experienced investors, providing unwavering support on their path to financial freedom.

  • Buying Ethereum: 4 Mistakes To Avoid

    Buying Ethereum: 4 Mistakes To Avoid

    Ethereum has become the second leading crypto, with great value and a high market cap. Its popularity is mainly due to two significant tech advancements: NFTs and the Metaverse. While the Ethereum price depends on the market supply and demand, other factors influence it, such as Bitcoin’s domination and the explosion of DeFi.

    While investing in Ethereum may not turn you into a millionaire, buying and selling this asset can translate into profit opportunities. However, if you’ve decided to buy ethereum, you should first learn about the mistakes that crypto newbies make to avoid them and thrive as an investor.

    ethereum chart backgrund

    Mistake No 1: Not Using a Reputable Exchange

    There are many ways to buy Ethereum, and exchanges are one of the most popular options available. But you can also use online stock brokers or apps. However, it’s vital to remember that not all options are legitimate, so practice caution and look for a reputable platform known for offering customers a great experience. A crypto exchange is ideal if you want to purchase a small number of tokens because you can get the fraction you need from the asset. 

    Suppose you don’t have enough cash in your account; you can buy 0,001 part of Ethereum, which only requires $10. If you aren’t sure whether the exchange is legitimate, it’s best to avoid using it because after buying the coins, it’s impossible to move them out. If you’re new to the crypto space, we recommend sticking to established exchanges that have been in business for several years, as this will ensure the safety of your coins. As a rule of thumb, you should look for an exchange that provides insurance and stores its crypto in cold storage.

    Mistake No 2: Not Learning About Ethereum

    You can’t invest in something you know nothing about, so before putting your money into Ethereum, make sure to research it first. This is something you should do regardless of the type of investment. The goal isn’t to become an expert in Ethereum, but you should at least understand how the cryptocurrency works and what features make it different from the other digital assets. Learning about Ethereum is especially important considering its volatile nature. 

    This asset (just like any other cryptocurrency) has always experienced price fluctuations, and this isn’t likely to change, so it’s worth looking into its history. Once you understand Ethereum and its value, you won’t let trends or price movements impact your decisions.

    Mistake No 3: Trying to Time the Market

    Timing the market is the opposite strategy of buying and holding crypto: it means switching funds between different assets. Crypto markets are always open, running 24 hours a day, during all the times of the year – including public holidays. As a result, you can buy Ethereum within a specific window to get the best price; however, there’s a problem, namely that it is pretty much impossible to time the market. No one can guarantee how Ethereum will perform – its price may increase, and you may regret not buying it right now.

    Or, the opposite could happen, and the price may drop considerably, allowing you to buy low – but this isn’t necessarily a favorable scenario, as you may second guess your decision out of fear that the price will get even lower. If you want to invest in Ethereum, adopting a long-term mindset is best. This will take the pressure off, as you will buy the crypto because you expect the price to rise in the future instead of hoping to get rich in just a few weeks.

    Mistake No 3: Investing only in Ethereum

    The thing about cryptocurrencies is that they are higher-risk assets, meaning that they can quickly change directions. In other words, there is always the possibility of losing your money. Now, volatility doesn’t pose any risks as long as the increase and decrease in price are steady. 

    But if the price movements are extreme and unexpected, volatility can affect your investments. Therefore, you should avoid putting all your money in Ethereum. Instead, consider diversifying your crypto portfolio by including multiple assets. This strategy is efficient when it comes to reducing your risk exposure. A good recommendation is to allocate between 5%-10% of your portfolio for cryptocurrencies and reserve the rest for less volatile investments with longer track success records, like mutual funds.

    Mistake No 4: Storing Your ETH in A Hot Wallet

    Once you buy Ethereum, you’ll need a wallet to store your tokens safely. A crypto wallet is different from a normal one as it doesn’t hold coins; instead, it can be accessed through a private key. You can either use a hot or cold wallet; the main difference between them is that hot wallets are connected to the Internet, while cold wallets are not, making the latter more secure. Hot wallets can pose security issues, making your account a target for malicious actors who can steal your ETH. 

    On the contrary, a cold wallet isn’t compromised because it often takes the form of a USB drive, and the tokens are stored offline. Suppose someone tries to access your crypto wallet; your device’s security features would make it difficult for them to succeed, locking them out after three attempts.

    Is it worth buying Ethereum in 2023?

    Ethereum is a well-established cryptocurrency with grand ambitions and incredible use cases. Bitcoin may be considered the king, but Ethereum gets all the merit regarding its superior technology and flexibility. This cryptocurrency is incredibly versatile, meaning you can use it for gaming, decentralized finance, or even as a blockchain solution for your business.

    Whether you should buy Ethereum in 2023 depends on your risk tolerance and financial position. While this digital asset is promising, it’s important to remember that it is a volatile investment. So, this decision requires thoughtful consideration: you don’t want to jump straight into the crypto space without first thinking about some essential aspects. Some experts are optimistic about the future of Ethereum, believing its price could rise considerably this year. However, there are no guarantees, only speculations in the crypto market, so if you want to buy in Ethereum, the best thing you can do is to stay level-headed and not invest more than what you can afford to lose.

  • Blockchain + Social: INTOverse’s Strategic Layout, Seizing the Initiative!

    Blockchain + Social: INTOverse’s Strategic Layout, Seizing the Initiative!

    into web3

    Portugal, Lisbon, May 24, 2023—In 2023, the term Web3 has become a hot topic. There are numerous reports about new Web3 technologies in the tech news, as well as news about renowned institutions like Sequoia Capital making strategic moves in the Web3 space. With a significant influx of money and capital into the Web3 industry, we have every reason to believe that Web3 has become a new capital market.

    Web3, known as the next generation of the value internet, takes blockchain technology as its core. Social is an inseparable part of Web3 and their combination is giving birth to unprecedented opportunities. Through practice and innovation, INTOverse, a community management solution based on Web3 technology, has entered the public’s view, aiming to provide users with a more secure, transparent, and efficient social experience.

    INTOverse’s social mining mechanism is straightforward. Users simply need to register an account and participate in social activities to earn tokens. INTOverse evaluates users’ contributions based on the quantity and quality of their social activities on the platform and allocates token rewards accordingly. Users can increase their social weight value by engaging in social activities such as inviting friends, publishing content, liking, commenting, and sharing, thereby earning more token rewards.

    The strategic layout of INTOverse primarily combines blockchain technology with social media, seizing opportunities in Web3. Firstly, INTOverse achieves decentralized storage of users’ data through blockchain technology, ensuring the security and privacy of user data. Secondly, INTOverse ensures the transparency of user data by employing smart contract technology. Token rewards are automatically distributed to users’ wallets, allowing users to check their social mining earnings at any time, in this way to guarantee the authenticity and credibility of the data.

    Social mining is one of INTOverse’s advantages. Compared to traditional cryptocurrency investment and mining, INTO’s social mining requires no technical expertise or high capital investment, making it virtually zero-cost to participate. Users just need to download the app, register an account, and start social mining. Its low threshold has attracted the attention of many cryptocurrency enthusiasts, enabling more people to join the crypto world.

    Simultaneously, social mining boosts the growth of users and enhances the community effect. INTOverse brings users together through social interaction and social mining, creating a vast and active community ecosystem. This community effect not only benefits the long-term development of the project but also provides users with a platform to share experiences and knowledge and discuss new technologies and industry trends. Its community ecosystem is continuously expanding, attracting more and more cryptocurrency enthusiasts to join and explore new opportunities.

    Another significant issue is security, which has been widespread within the Web2 ecosystem. Even the well-known Facebook, has faced considerable privacy breaches. INTOverse has broken barriers of traditional Web2 platforms and ensures the security and privacy of user data by leveraging blockchain technology. User data is no longer stored in a centralized server but is distributed across the blockchain network, mitigating the risks of data breaches or hacking attacks. Users can finally achieve absolutely secure conversations. Seizing the opportunity of our time, INTOverse has made concrete efforts to drive innovation and development in Web3 community management.

    Through the strategic layout of blockchain plus social, INTOverse creates a community that is full of vitality and opportunity for users. Since its launch on May 9th, within just two weeks, INTOverse has achieved over 10,000 daily active users and distributed over a billion messages in total. Its global horizon, diverse social interactions, low barrier to entry, and powerful community effect continue to attract the attention of Web3 users.

    It is evident that under the trend of Web3, INTOverse keeps exploring new application scenarios and technological solutions. The decentralized social of Web3 will embrace new opportunities for development. INTOverse allows users to transact within a decentralized environment. Tens of thousands of users’  interactions and transactions, making the purpose of its social mining become clear. In summary, INTOverse is a highly promising Web3 project with an intriguing social mining mechanism that provides users with a pleasant social experience and rich token rewards. If you haven’t joined the INTOverse yet, it’s about time to register an account and participate in social mining!

    Website: https://intoverse.co/

    Twitter: https://twitter.com/INTOverse_

    Telegram: https://t.me/INTOverse_Official

    Medium: https://medium.com/@intoverse

    Media contact: chat@intoverse.co