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  • Messari Releases Research Reports on the TRON Ecosystem and the Stablecoin USDD

    Messari Releases Research Reports on the TRON Ecosystem and the Stablecoin USDD

    Geneva, Switzerland, 7th November, 2022, Chainwire

    Messari, the leading provider of crypto market intelligence, released two quarterly analysis reports related to the TRON ecosystem – State of TRON Q3 2022 and State of USDD Q3 2022. The two most significant highlights in the comparison of Q3 with Q2 2022 were the 480.4% increase in the number of holders of USDD and the 71% increase in the Total Value Locked of TRX. Both reports indicated positive conclusions about the stability and secure strength of USDD and the TRON network as a whole.

    State of USDD

    The USDD report marked the first time Messari provided market intelligence in a quarterly report on the over-collateralized stablecoin issued by the TRON DAO Reserve (TDR). USDD is backed by select crypto assets, including BTC, USDT, USDC, and TRX. The State of USDD report includes insights on performance, issuance, deposits, reserve balance, user adoption, transactions, price analysis, and total value locked. Readers can also get qualitative analysis on subjects such as monetary policy and the peg stability module (PSM).

    Key insights on the USDD Report include:

    • After rapid adoption in Q2 2022, supply growth stalled in Q3 2022, increasing only 0.2% to 725 million. 
    • However, the number of wallets holding the currency increased nearly 5X in Q3 2022.
    • The stablecoin remains well backed by non-native currencies with a collateral ratio of 1.9 at quarter’s end.
    • After the UST collapse and stablecoin depegging in June 2022, USDD maintained a tight peg and launched Peg Stability Module (PSM) using USDT, USDC, TUSD, and USDJ.

    It is worth noting that since USDD was launched in May 2022, the supply has grown to over 725 million with almost all of its growth occurring in the first two months. The Messari Report pointed out that there is currently over 36 billion USDT circulating on the TRON blockchain, which they commented “leaves a lot of room for growth for USDD.” The Binance and Ethereum blockchains now also carry USDD. TRON Founder H.E. Justin Sun envisioned USDD offering the opportunity to access currency pegged to the US dollar for anyone and anywhere. Based on the first five months of its existence, that aspiration appears to have a solid start toward becoming reality.

    Given that the TRON DAO Reserve has to deposit and stake an equivalent amount of TRX as collateral in order to mint new USDD, the Messari Report also noted that “TRX holders are likely the greatest beneficiaries of USDD adoption, given the potential reduction in circulating supply should adoption grow.” A growing number of partnerships, like TRON becoming the National Blockchain of Dominica and the Huobi Global Advisory Board promising to leverage USDD in pairs with all crypto on their exchange, will likely result in greater user adoption of USDD over the coming years.  

    State of TRON

    The State of TRON Report was also the first edition of quarterly coverage from Messari. This report highlights performance analysis, ecosystem development, and a qualitative analysis. Readers can also get an overview on TRON’s TVL, Strategy and Challenges, and a forecast of the road ahead.

    Key insights on the TRON Report include:

    • TRON network activity exhibited continued strength after the launch of USDD in May 2022.
    • Since May 2022, the total amount of stake and total engaged stake has increased drastically.
    • The 61% growth in TVL was driven by three unique wallets depositing approximately $1.6 billion in various assets.
    • The TRON DAO Reserve announced the crypto-native market maker Wintermute as its ninth whitelisted member, giving it the authority to maintain the peg of USDD.
    • The GreatVoyage-v4.5.2 upgrade released in Q3 2022 is aimed at improving node synchronization and transaction throughput.
    • If current activity persists and USDD expands across the ecosystem, TRON’s Resource Model that catalyzes deflation may be enhanced by the demand for the use of USDD.

    The Messari Report offered this complimentary insight in their Ecosystem and Development Overview of TRON:

    “The majority of Layer-1 blockchains and their respective ecosystems have experienced declines in the first half of 2022. For most, Total Value Locked (TVL) declined further in Q3 2022, due to a continuation in negative market sentiment and looming regulatory concerns. TRON, however, managed to insulate itself from adverse market conditions by growing its TVL by 61% QoQ.”

    Both reports noted the stabilizing effect of USDD’s collateralization, adoption, and future use cases, as well as the remarkable strength of TRON TVL. The TRON DAO community is thrilled with the encouraging conclusions from the Messari research team.

    About TRON DAO

    TRON DAO is a community-governed DAO dedicated to accelerating the decentralization of the internet via blockchain technology and dApps.

    Founded in September 2017 by H.E. Justin Sun, the TRON network has continued to deliver impressive achievements since MainNet launch in May 2018. July 2018 also marked the ecosystem integration of BitTorrent, a pioneer in decentralized Web3 services boasting over 100 million monthly active users. The TRON network has gained incredible traction in recent years. As of October 2022, it has over 118 million total user accounts on the blockchain, more than 4.1 billion total transactions, and over $11.8 billion in total value locked (TVL), as reported on TRONSCAN. In addition, TRON hosts the largest circulating supply of USD Tether (USDT) stablecoin across the globe, overtaking USDT on Ethereum since April 2021. The TRON network completed full decentralization in December 2021 and is now a community-governed DAO. In May 2022, the over-collateralized decentralized stablecoin USDD was launched on the TRON blockchain, backed by the first-ever crypto reserve for the blockchain industry – TRON DAO Reserve, marking TRON’s official entry into decentralized stablecoins. Most recently in October 2022, TRON was designated as the national blockchain for the Commonwealth of Dominica, which is the first time a major public blockchain partnering with a sovereign nation to develop its national blockchain infrastructure. On top of the government’s endorsement to issue Dominica Coin (“DMC”), a blockchain-based fan token to help promote Dominica’s global fanfare, seven existing TRON-based tokens – TRX, BTT, NFT, JST, USDD, USDT, TUSD, have been granted statutory status as authorized digital currency and medium of exchange in the country.

    TRONNetwork | TRONDAO | Twitter | YouTube | Telegram | Discord | Reddit | GitHub | Medium | Forum

    Contact

    Hayward Wong
    press@tron.network

  • BNB ranks #1 as it set a new all-time high BTC price–Top Coins to Watch for Nov 7–Nov 13

    BNB ranks #1 as it set a new all-time high BTC price–Top Coins to Watch for Nov 7–Nov 13

    BNB ranks #1 as it set a new all-time high BTC price–Top Coins to Watch for Nov 7–Nov 13

    The cryptocurrency market managed to maintain a market cap of over $1 trillion throughout the majority of last week and is entering Week 45 with a total valuation of $1.06 trillion. The bullish market conditions not only survived but even amplified after the U.S. Federal Reserve announced another 0.75% interest rate hike on November 2. In a volatile crypto market, you could make (or loose) 4%, which is the current Fed annual interest rate, much faster than in a year – perhaps even a week if you invest smartly. This article lists, what we believe are 3 of the smartest investments thy crypto sector has to offer for this week.

    3. Fantom (FTM)

    Fantom is a fast, high-throughput open-source smart contract platform for digital assets and dApps. It is a Layer 1 network competing with the likes of Avalanche, Solana, and Terra to dethrone Ethereum. Fantom utilizes Asynchronous Byzantine Fault Tolerance (aBFT) consensus algorithm. The aBFT algorithm promises to debunk the blockchain Scalability Trilemma, according to which only two of the crucial three components that include decentralization, security, and scalability, are achievable at the same time. FTM was one of the best-performing assets of 2021, in which it appreciated by approximately 13,000%.

    Buy/Sell FTM

    Key blockchain developer Andre Cronje seems to be re-joining Fantom

    While FTM was one of the most profitable cryptocurrencies to hold last year, this Layer 1 network native asset took a massive hit during this year’s bear market. Nevertheless, Fantom is making headlines again and the new developments around the project suggest that we might see Fantom’s comeback in the remainder of 2022. The newly emerged high expectations are related to the rumoured return of the prominent blockchain developer Andre Cronje to Fantom. It has to be noted that Cronje played a key role in Fantom’s early days but has soon after that announced that he will no longer be active in the DeFi space. Recently, Cronje tweeted and hinted that he may be returning to DeFi and Fantom.

    https://twitter.com/AndreCronjeTech/status/1588115489754071043

    In addition, Andre Cronje changed his Twitter handle to “iamdefinitelyandre.ftm” and swapped his profile picture for an artistic rendering of him holding the Fantom logo. He left hints of him returning to the Fantom project on his LinkedIn too – there Cronje updated his title to “Memes at Fantom Foundation”. The price of the FTM rallied by almost 50% on the rumours and peaked at the price of above $0.31 on November 5. This is the highest FTM price since August. Should Cronje’s return be confirmed, the rally could extend to new highs.

    2. Arweave (AR)

    Arweave is a blockchain-powered data storage software. The project was originally named Archain but got rebranded to Arweave in 2018. For a fee paid in the native AR token, Arweave protocol allows users to store their data on the permaweb. Data is said to be stored forever and users can share the stored files with anyone. This way the project creates something similar to a digital archive of files accessible by the protocol’s users today, but also available for future generations. The protocol is designed to provide scalable on-chain storage in a cost-efficient manner. Since the protocol stores files on the blockchain and the blocks can get rather big, users who wish to add new data the network do not need to verify all the previous blocks, but rather just a randomly chosen block. This is made possible by the Proof of Access consensus and the Blockweave technology.

    Buy/Sell AR

    Arweave chosen as the storage provider for Instagram NFTs

    Social media giant Meta (formerly Facebook) has recently announced that Instagram users will soon be able to mint NFTs as well as offer them to followers within the app itself. The first platform Instagram will support for NFT minting is Polygon. So why is this good news for Arweave? Pictures, music, GIFs, videos, or literally any media represented by the NFT needs to be stored somewhere and Meta has opted for a decentralized storage of Instagram NFT media files on the Arweave blockchain. Stephane Kasriel, head of commerce and financial technologies at Meta revealed that Arweave was selected for its data permanency as the protocol allows users to retain information forever and it is almost impossible to tamper the stored data.

    The news from Meta could be felt throughout the crypto markets connected with the announcement. But while Polygon’s MATIC token only surged 9% in the 24 hours following the announcement, Arweave’s AR token has spiked by a whopping 52% in the same time period. On three occasions throughout the week AR even reached as high as $17.50, which represents a 75% price increase from the pre-announcement $10.00 baseline. The announcement-driven rally was enaugh to catapult AR token into the group of 100 largest market cap crypto assets. In fact, AR gained quite some spots as it is currently the 81st largest cryptocurrency. In addition, AR’s $496 million market cap also make it the eight-largest Web3 token worldwide.

    1. BNB (BNB)

    Binance Coin (BNB) was originally launched in 2017 as an ERC-20 token sold through an initial coin offering (ICO). In April 2019, the Binance rolled-out its native Binance Chain and all the existing Binance Coin ERC-20 tokens were replaced with BNB, which became the native cryptocurrency of the new blockchain. As of today, Binance Chain is still almost completely centralized, with Binance having complete control of block management. Binance gives users who utilize BNB to pay for trading, withdrawal and listing fees hefty discounts. While this used to be pretty much the only use case of BNB, the coin has a far greater utility now as it allows users to pay for gas fees, earn cashback on Binance Visa card purchases, stake BNB and participate in liquidity pools and other DeFi activities. BNB is also used to determine eligibility to participate in Initial Exchange Offerings (IEOs). Furthermore, the Binance ecosystem is continuously expanding, which means that new products and services are regularly added and many of them give BNB some new utility.

    Buy/Sell BNB

    BNB sets a new all-time high BTC price

    BNB has set a new all-time high price in Bitcoin in the morning hours of November 4. BNB’s top BTC valuation therefore stands at 0.01701 BTC per BNB, the price of BNB on November 4. In fact, BNB is still changing hands at a price that is very close to its top BTC price. Several recent developments might have helped BNB reach its record BTC price. Among other thighs is Binance’s recently launched Oracle Network for the BNB Chain ecosystem.  The Oracle network utilizes an in-house Threshold Signature Scheme to continusely verify the authenticity of the data that is fed to the oracles. The launch of Oracle Network actually pits Binance as a competitor to Chainlink. In addition, Binance finally added a new project to its Launchpool after a nearly 6-month hiatus. The 31st blockchain project to be fetured on the crypto exchange’s Launchpool platform is Hashflow. Its HFT token was made available through the platform to BUSD and BNB stakers.

    Furthermore, Binance is also getting stronger in the stablecoin market. The valuation of all the platform’s native BUSD stablecoin in circulation is increasing and has surged over $20 billion for the first time ever in the end of October. While it may not be directly connected to the BNB rally, it is worth noting that Binance also helped Elon Musk with the take-over of the social media platform Twitter with a $500 million acquisition. To cut it short, Binance is expanding and is becoming far more than just one of the biggest exchanges. BNB price will likely go up, as Binance slowly becomes an important global player in the global tech industry.

  • Become a Crypto Company Co-Owner: Invest in Choise.com

    Become a Crypto Company Co-Owner: Invest in Choise.com

    choise.com

    London, November 7, 2022—Crypto-banking innovator Choise.com is preparing a major assault on the $250B crypto earnings sector and is opening its equity book for those who want to be part of the journey. Via the Seedrs crowdinvesting platform, Choise.com is offering a limited supply of equity to Seedrs and own platform users. The public launch has already taken place on November 7th, and parties interested in becoming investors need to be quick, as this opportunity closes a month from now, on December 7th.

    Choise.com is currently raising a round of $33M, less than 20% of which is being made available to the public, with the rest being taken up by institutional investment funds, of which a significant share is already confirmed.

    Choise.com simplified crypto-banking, being one of the first companies in the world to enable payment for goods and services with a crypto debit-card. Exchange, buy and sell followed soon thereafter. The company even offers these services to other companies so that they can in turn offer Choise.com solutions to their own customers, but under the partner’s brand. Who knows, perhaps you already use Choise.com solutions and don’t even know it.

    Now Choise.com is going to simplify the almost impenetrable world of crypto earning. There are great returns to be made in crypto deposit accounts, but for the average person, it is just too complicated. Who has the time or knowledge to search the entire market for all the best offers, move tokens across different blockchains, read smart contracts, and so on?

    As a matter of fact, Choise.com does. All its users have to do is decide how much and for how long, and perhaps, if they are adventurous, where. From there Choise.com will handle the internal processes so that users don’t have to worry about complex details. Like this, they gain opportunities to earn on their crypto assets without too much fuss.

    Beta testing is complete. More than 1,000 users over the course of 6 months had average returns of 10% or more. This product is now being integrated into the already popular Choise.com App, as well as a standalone service for institutional treasury managers.

    The Choise.com team is led by Vladimir Gorbunov who has a successful track record of managing fintech projects. Just in the field of crypto, the total capitalization of Vladimir’s projects exceeded $1B at the beginning of 2022.

    And he has support from some impressive individuals. Austin Kimm is a fellow co-founder of Choise.com and is no slouch to creating value, having set up several insurance groups including a pensions company that sold for approximately $200M just 3 years after launch.

    Acting as advisors to the company are Young Cho, a financial expert with over 24 years of experience in banking and crypto startups, and Brad Simmons, a marketing professional with a proven track record of building large-scale consumer products and solutions.

    Together, they bring a degree of expertise to underlying asset management as well as marketing.

    The raised funds will be put towards user expansion, where Choise.com plans to increase its user base in 2023 from the current 750,000 to over 2M registered users. In addition to that, the funds will be used to build out products and services, especially the sales infrastructure around institutional treasury, which currently makes up the bulk of the earn market.

    “Over the last 5 years we have invested more than $50M into the development of leading crypto market positions in key segments, particularly payments and B2B solutions. But with the next bull run just around the corner, we believe the time is right to capture a share of the highly lucrative and relatively unoccupied earning sector. You build when the markets are down, and strike when the markets are up. We’ve done the build, we are now preparing to strike,” – commented CEO & Founder of Choise.com Vladimir Gorbunov.

    Choise.com has already achieved impressive results on Seedrs. In 2021 the company raised over €3.1 million from European investors. The initial fundraising target of €1 million was hit in just 36 hours and eventually closed with an astounding 210% overfunding from investors.

    To become an investor, register down the link: https://www.seedrs.com/choise

    Media contact: pr@choise.com

  • Five Cryptocurrencies That Are Likely To Bring You Financial Fortune

    Five Cryptocurrencies That Are Likely To Bring You Financial Fortune

    Cryptocurrencies are permissionless digital currencies that are decentralised and driven by blockchain technology. The inception of crypto came in 2009 with the anonymous Satoshi Nakamoto’s Bitcoin (BTC). Although cryptocurrencies have been around for thirteen years, it was during the COVID-19 pandemic that they gained popularity.

    The crypto industry is constantly developing, with over 18,000 blockchain networks in operation and a range of currencies for consumers to select from. Here are five cryptocurrencies that will likely provide you with financial fortunes.

    The Crypto Godfather – Bitcoin 

    As previously mentioned, Bitcoin (BTC) came into inception in January 2009 by the anonymous Satoshi Nakamoto. Its development was carried out to enable “online payments to be delivered directly from one party to another without passing via a financial institution.”

    Bitcoin has succeeded in establishing a worldwide community and spawning a completely new business of millions of fans who produce, invest in, trade, and utilise Bitcoin and other cryptocurrencies in their daily lives. This is why Bitcoin has a strong probability of making you money, as it is the first cryptocurrency to arrive on the market.

    Crypto’s Number Two – Ethereum

    Ethereum is the second-largest cryptocurrency by market capitalization and value behind Bitcoin. It was the first to introduce the notion of a blockchain smart contract platform. Smart contracts are computer programmes that conduct the procedures required to fulfil an agreement between many parties through the internet.

    They were designed to do away with the requirement for trusted intermediaries between contractors, cutting transaction costs and increasing transaction reliability. This is why the blockchain network remains the second most successful cryptocurrency.

    The Biggest Global Exchange – BNB

    BNB is a cryptocurrency released by the Binance decentralised exchange (DEX), which is one of the most active cryptocurrency exchanges in terms of volume. BNB intends to push cryptocurrency exchanges to the forefront of global financial activity.

    BNB’s quest for development is one of its most significant competitive advantages. While Binance began as a cryptocurrency exchange in 2017, it has now expanded into a variety of other fields. It is currently ranked the fourth most popular blockchain on CoinCheckup, giving it strong reliability to continue succeeding.

    The Meme Coin Godfather – Dogecoin

    In December 2013, Billy Markus and Jackson Palmer debuted Dogecoin (DOGE) onto the cryptocurrency market. DOGE is widely considered the first meme currency since it is based on the ‘doge’ meme, which displays a Shiba Inu dog amusingly looking at a camera while surrounded by internal monologues.

    Dogecoin’s developers envisioned it as a fun, lighthearted cryptocurrency with a wider appeal than the core Bitcoin audience because it was based on a dog meme. Its popularity grew further when Elon Musk endorsed it in early 2021. Since then, Dogecoin has grown to become one of the market’s most renowned cryptocurrencies. Dogecoin, like Bitcoin, has a distinct edge in terms of success because it was the first meme coin in crypto.

    The Cutest Cat Token – Big Eyes Coin

    Big Eyes Coin (BIG) entered the crypto market this year and has already had an influence on the meme coin industry by bringing sustainability and attractiveness to its currency. You merely need to visit the Big Eyes website to get an idea of the kind of NFTs that will be accessible. Cats are the main theme, so expect a variety of colourful and humorous cat drawings, as well as various other cat-related features.

    NFT Sushi Crew is a Big Eyes Coin marketplace for people who enjoy collecting adorable items and taking part in fun events. Big Eyes coin has confirmed that 5% of its entire supply would be donated to ocean-saving non-governmental organisations. As a result, by acquiring an NFT and investing in Big Eyes, you are helping to create a more enjoyable and ecologically friendly environment. Currently, in stage six of its presale, Big Eyes Coin has raised $9.38 million, proving itself to be an intriguing crypto purchase with high potential earnings.

    For More Information On Big Eyes Coin (BIG), Click The Links Below:

    Website: https://bigeyes.space/

    Telegram: https://t.me/BIGEYESOFFICIAL

    Twitter: https://twitter.com/BigEyesCoin ​

    Disclaimer: This is a 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.

  • Texture, Focused on Maximizing Yield Farming Returns in Solana Raises $5M in Fundraising Round

    Texture, Focused on Maximizing Yield Farming Returns in Solana Raises $5M in Fundraising Round

    Texture, solana-based DeFi platform, investment

    Key highlights:

    • Texture, the Solana-based DeFi platform, has raised $5 million in its latest fundraising round.
    • Texture focuses on maximizing the returns of $SOL stakers by taking advantage of the best returns opportunities of multiple Solana-based DeFi protocols.
    • Texture, which will launch a product called SOL Power Yield Strategy, will offer leveraged staking in smart yield pools.

    Texture, a DeFi platform running on the Solana blockchain, has raised 5 million USDC in its latest fundraising round. Semantic Ventures, Wintermute and Jane Street Capital participated in the investment round, jointly managed by Sino Global and P2P Capital. Developing return maximizing solutions for DeFi users, Texture will use the collected funds to accelerate the development of its services.

    Focusing on yield management across the top Solana-based yield sources, Texture will soon launch yield generation and configuration solutions that are still in development. The platform, which has also created a pool of strategies categorized by return and risk type, will use an algorithmic leverage strategy for investors to get more returns from their $SOL stake positions. The name of this strategy was determined as SOL Power Yield Strategy.

    Texture’s leveraged staking protocol is a strategy where users can achieve maximum returns with minimum liquidation risk. Texture automates this strategy by integrating Lido for liquid staking, Solend’s main pool for depositing stSOL and borrowing SOL and Orca for swapping harvested rewards to automate compounding. The smart contracts that Texture has developed will dynamically monitor the pool’s LTV, rebalancing LTV as needed, and applying algorithmic risk management strategies to minimize the risk of liquidation. In this way, users will earn high APY returns from SOL coins depending on the risk level they choose.

    Quotes from Managers

    “We are excited to receive backing from such an amazing group of both institutional and angel investors, many of whom have been actively building in the space for years, so are very familiar with the challenges and intricacies of DeFi. With this round, Texture is now well-funded and has runway to build and scale over the next couple of years. Next stop – beta launch at Breakpoint 2022 and full launch soon after!”

    Oleg Ravnushkin, the co-founder of Per Texture

    “P2P is excited to support the Texture team on a quest to provide better yield products to the Solana community, we are looking forward to potential collaborations in the future.”

    Konstantin Lomashuk, Founder of P2P

    “We’re delighted to back Texture, developing algorithmic strategies that deploy capital across multiple protocols to optimize yield for users. We’re excited for their first product – leveraged SOL staking with algorithmic risk management and rebalancing.”

    Thomas Tang, Vice President of Investments at Sino Global Capital

    More About Texture

    Optimizing and maximizing returns by supporting multiple DeFi protocols in Solana, Texture configures users’ cryptos in smart return pools. The smart contracts in the Texture protocol perform rebalancing and algorithmic risk management, utilizing optimal yield farming opportunities for users.

  • 3 Low-Cost Crypto Tokens For People With Less Budget In The Upcoming Months: Theta Network, Cosmos, And Dogeliens Token

    3 Low-Cost Crypto Tokens For People With Less Budget In The Upcoming Months: Theta Network, Cosmos, And Dogeliens Token

    Thanks to the bear market, hundreds of day traders went into loss. Now, these people are searching for low-cost tokens for long-term holding, and this is the last place you’ll ever have to find such profitable projects. Theta Network (THETA) and Cosmos (ATOM) already rank in the top currencies, whereas Dogeliens Token (DOGET) is new, but if it follows the given roadmap, it can skyrocket soon. Let’s check out what these three projects have to offer the user.

    Theta Network (THETA) – A Video Delivery Blockchain Network

    As video sharing has become one of the pivotal parts of social media, Theta Network (THETA) ensures content delivery to the audience. It is similar to a CDN but is powered by blockchain technology, making it more efficient and quicker. Theta Network (THETA) uses THETA as its primary utility token, which is used for transactions on the platform. It aims to become the next generation of entertainment at a low cost while competing with centralized networks. Theta Network (THETA) uses the computation power of the primary video streamers and uses it to transfer the content faster to new users. And in return, the preliminary users are rewarded with THETA tokens.

    Cosmos (ATOM) – A Bridge Between Multiple Blockchain Ledgers

    Cosmos (ATOM) is the Internet of Blockchains which connects multiple distributed ledgers on a decentralized platform. Interoperability has been an issue since the inception of BTC. ATOM was founded in 2016 to resolve these barriers in communication. It has over $150 billion in assets under management as it enables different blockchain networks such as Binance Coin (BNB), Terra (LUNA), and many more. It secures the system that allows the different ecosystems to interoperate and scale with each other. ATOM has a market cap of approximately $4 billion and is currently trading under $15. If we look at its ATH, ATOM reached its peak last year, as reported by Tradingview, at $44.70.

    Dogeliens Token (DOGET) – Doge-Aliens From The Planet Puptopia

    Dogeliens Token (DOGET) is a next-gen decentralized meme coin offering utilities equal to market topper altcoins. It uses a democratic system where the holders vote for the charity that will get weekly donations and improvements made to the Dogeliens Token (DOGET) network. DOGET aims to create a fun Metaverse space for users along with two NFT marketplaces. A total of 10k NFTs will be launched in the next phase. The holders of its NFTs will become a part of a special community and receive member-only rewards and access to exclusive products beforehand. Every transaction involving DOGET is subject to a 10% tax fee which will be distributed as 3% to charity, 3% to development, and 4% to DOGET holders.

    Join The DOGET Army And Get Crazy Benefits

    DOGET coins are currently available at a very low cost. In the ongoing first stage of the presale, you can get 1000 DOGET coins for 1 USDT. The number of coins will start to decrease as the presale flows through (A total of 12 stages). There’s nothing fancy about buying these coins, as you only need a crypto wallet loaded with USDT, ETH, or any other currency. And with one click, the token will be yours. So that’s it for these crypto tokens. DOGET has the potential to compete with the market toppers. Its motto is to invade the Metaverse, so we’ll see what it offers to the users after DOGET is launched successfully on exchanges.

    Don’t you want to know the crazy benefits DOGET is offering? If you buy DOGET coins worth $3000, you’ll receive a 45% bonus credited to your account after the prelaunch sale ends. But wait there’s more. On your 2nd to 4th purchase, a 75% to 125% bonus will be added to your crypto wallet.

    To learn more about Dogeliens Token (DOGET), you can visit the following links:

    Dogeliens (DOGET)

    Presale: https://buy.dogeliens.io/

    Website: https://dogeliens.io/

    Telegram: https://t.me/DogeliensOfficial

    Disclaimer: This is a 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.

  • Elrond Transforms Into MultiversX, Launches 3 New Metaverse Products

    Elrond Transforms Into MultiversX, Launches 3 New Metaverse Products

    Sibiu, Romania, 4th November, 2022, Chainwire

    Elrond, the startup building internet scale blockchain technology, announces its transformation into MultiversX. The company thus expands its mission of building the new internet economy to include the digital meta-space frontier.

    The metaverse-forward company introduces three new products as the pillars for its evolution.

    • xFabric is a sovereign blockchain module, and core blockchain applications. Deployable in minutes. Fully customizable. Including a great set of features and use cases for any creative, brand or company.
    • xPortal is a true SuperApp. The portal to the Metaverse. The home of your avatar. Everything finance. A debit card. Friends, chat and social. Accessible to anyone, anywhere in the world.
    • xWorlds is a world creation engine. Enabling a network of interoperable metaverse worlds. Beginning with the very first world. xWorlds is a platform developed in partnership with Improbable enabling unprecedented new experiences deeply integrated with xPortal and xFabric.

    “Incredible amounts of creative energy are being poured into multiple compelling metaverse visions.” said Beniamin Mincu, CEO and founder of MultiversX (formerly Elrond Network). “MultiversX is building the collaborative framework and composable toolkit to set up the stage for a positive sum game of enormous stakes. For reimagining the entire spectrum of human experience and for reinventing the frontend of every business vertical.”

    MultiversX will continue to build on the remarkable success of the Elrond Network, technology, community and ecosystem. It will continue to advance the groundbreaking scalable blockchain protocol and tools on the mission of proliferating Web3 technology.

    Furthermore, it will expand and broaden the original scope and create the unique opportunity for its millions of users and vibrant ecosystem to lead the once-in-a-generation societal shift towards the metaverse.

    The momentous transformation will unfold over a 3 day event at the Brongniart palace in Paris, where Jean-Noel Barrot, French Minister for Digital Transition and Telecommunications,  Sebastian Burduja, Romanian Minister of Research, Innovation, and Digitalization, and important Industry leaders from finance, blockchain, Web3 and the Metaverse, will be introduced to the broadened MultiversX scope, products and path forward.

    https://multiversx.com

    Contact

    Head of Marketing
    Dan Voicu
    MultiversX
    dan.voicu@elrond.com
    +40 (742) 684 900

  • WeSleep Unveils its ‘Sleepie’ NFTs

    WeSleep Unveils its ‘Sleepie’ NFTs

    Vilnius, Lithuania, 4th November, 2022, Chainwire

    Web3 app WeSleep has launched with the promise of daily rewards for users who pursue a healthy and active lifestyle. Dubbed a sleep-to-earn app, WeSleep utilizes clever tokenomics to incentivize positive behaviors.

    WeSleep is a sleep-to-earn Web3 app that incentivizes users to pursue a healthy and active lifestyle on a daily basis.

    • A Sleepie is a unique NFT that can be bought to allow rewards, in the form of $ZZZ tokens, to be passively generated while asleep. These tokens can be swapped to $BUSD using the in-app swap system. Or a user may choose to invest his earnings inside a staking pool to generate additional rewards.

    • Users can augment their earnings by leveling up their Sleepies or their profile itself. To level up a profile, a certain amount of Moons will be required which can be collected by completing daily tasks such as “walk 1000 steps”. Additionally, leveling up a Sleepie can increase its attributes. Each Sleepie has different attributes such as “Luck – chance of getting a mystery box after sleep”.

    • Several features have been implemented to incentivize a healthier lifestyle such as increased rewards for keeping a regular sleeping schedule throughout the week.

    “Sleep plays a crucial role in an individual’s overall health and well-being. A lack of it can cause countless health problems. What we’re doing with WeSleep is encouraging people to track their sleep habits and earn rewards for getting enough rest” , said Vaibhav, Co-Founder of WeSleep 

    In addition to physical fitness, WeSleep also focuses on improving a person’s mental health just as well.

    Sleeping has numerous psychological benefits. But recent studies have now proven that adhering to a daily routine can significantly reduce procrastination and depression. For that reason, WeSleep aims to send their users daily tasks and surprise mystery boxes which can add to an entertaining, game-like experience.

    Mystery boxes are NFTs that can include sleeping pills (another NFT), $ZZZ, and/or $WEZ. Once sleeping pills have been activated, the attribute of a Sleepie NFT can be temporarily or permanently boosted so that Sleepers can monetize their sleep more efficiently and make the most out of the dual token system.

    And if a Sleeper is unwilling to use any of their three NFTs, there is an option to list the NFTs for sale on the internal NFT marketplace. Or instead of selling their NFTs on the marketplace, sleepers can also buy sleeping pills to improve attributes, Sleepies to increase sleeping rewards, and mystery boxes to unlock a new item.

    These three core NFTs act as the engine behind the WeSleep P2E economy.

    With creativity, users can devise sophisticated strategies that not only maximize sleeping rewards but also leverage the marketplace to its full extent. For example, a user may choose to have their Sleepies breed with one another and produce a new Sleepie NFT.

    This Sleepie will help fill up and monetize all unused inventory slots. Using all these nuanced features, a player can potentially do a lot more than just sleep and earn.

    Recently, WeSleep launched its Private Sale program and is currently accepting requests from investors who wish to be allotted governance tokens in the form of $WEZ.

    “We have a lot of people on board to bring this project to fruition, a full development team including applications, smart contracts, backend and frontend, a TOP 7 NFT artist (Voted on Inspect), co-founders who successfully launched previous crypto projects as well as experienced advisors who are guiding WeSleep into the right direction. We’ve collaborated to bring something innovative and exciting to the forefront, ultimately providing people with a way to collect and earn rewards from something as simple as getting enough rest at night and following a healthy lifestyle. It’s a fun, distinctive opportunity that anyone can get involved in and experience firsthand”, said Povilas Motiejunas, Co-Founder of WeSleep

    About WeSleep

    WeSleep is a Web3 app with inbuilt Game-Fi elements rewarding users for their sleep time as well as healthy and active lifestyle on a daily basis, setting the foundation for an exciting Sleep to Earn approach.

    As people continue to become increasingly health-conscious, WeSleep aims to place itself at the forefront of all health & lifestyle mobile apps.

    For more information, visit:   

    Twitter | Facebook | Medium | Discord | Telegram

    Contact

    Co-Founder
    Povilas Motiejunas
    WeSleep
    povilas@wesleep.io
    +370 686 45593

  • BC.GAME Invests 700 ETH in NFTs for a Better Metaverse

    BC.GAME Invests 700 ETH in NFTs for a Better Metaverse

    BC.GAME has invested 700 ETH in multiple NFTs with the ultimate goal of boosting the metaverse and iGaming sector. The ETH amount has been spread into 5 BAYC, 3 CryptoPunks, 1 Clonex, 2 Azuki, and 3 latest Art Gobblers.

    The cost of 700 ETH is believed to help the crypto industry provide a better metaverse ecosystem for its users.

    In the context of boosting the metaverse ecosystem, BC.GAME developed a new crypto iGaming platform that supports multiple chains and web3 ecosystems. And with this occasion, it will organize an NFT giveaway with significant prizes.

    BC.GAME improvements

    The Crypto Casino of the Year, BC.GAME, has decided to support the metaverse in providing a new and better user experience. This initiative is just one of the numerous actions taken by BC.GAME to ensure that all of its players enjoy the best service and features available in the crypto market.

    BC.GAME invested in 5 BAYC, 3 Crypto Punks, 1 Clonex, 2 Azuki, and 3 latest Art Gobblers at a total cost of 700 ETH. Also, it bought a complex collection of NFTs that is currently available. The BC.GAME NFT collection is ready on Open Sea, the largest NFT marketplace, where users can buy and sell NFTs using smart contracts.

    In addition to supporting the evolution of the metaverse concept, and the NFT investment, BC.GAME created a crypto iGaming platform that supports multiple chains and web3 ecosystems. The multiple chains offer efficiency for buying, operating, and researching and eliminate the middleman. Also, the web3 ecosystems have numerous advantages, like control over data ownership, interaction freedom, and better security.

    BC.GAME NFT Giveaway

    BC.GAME constantly provides improved features and organizes giveaways. Recently, it announced that it launched a new NFT giveaway.

    The NFT giveaway rewards are the following:

    • Mystery Box(2.5 ETH worth NFT) for 1 winner(s)
    • Meka #3895 for 1 winner(s)
    • Meka #5369 for 1 winner(s)

    More about BC.GAME

    BC.GAME is a community-based cryptocurrency casino that revolutionizes the casino industry and the blockchain world by being one of the first casinos to support the Lightning Network. Since its launch in 2017, the platform has provided players with the best online casino experience.

    BC.GAME is the Crypto Casino of the Year 2022, thanks to its numerous prestigious awards from the industry. The platform now accepts fiat payments in addition to many popular cryptocurrencies. Also, BC.GAME provides industry-leading igaming solutions within the web3 community, and supports NFTs as an asset for gambling, recharging, withdrawals, exchanging, and other services.

    Since the recent incorporation of sports betting, users now have access to over 8,000 games, including sports, slots, live table games, and even the well-known Bitcoin (BTC) crash game.

    In addition to the new features of the platform, those who are not yet familiar with the BC.GAME platform should know that it offers numerous benefits for new users. On BC.GAME platform, users can sign-up on the website and get up to 1 BTC. Also, they can instantly redeem a 300% deposit bonus after registering. These are just a few of the many benefits offered to players.

    Contact

    More information is available on the official BC.GAME website and their socials, Twitter and Telegram.