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  • Top Recent NFT Drops to Follow

    Top Recent NFT Drops to Follow

    The emergence of NFTs changed the digital art space. Over the past few months, thousands of NFTs have launched, and millions have sold. NFTs have revolutionized the art space, making it a profitable venture. Art pieces are worth more now and can be owned by anyone. But do you know what emerging NFT drops to follow right now? 

    We’ll tell you. 

    This piece will discuss the top three recent NFT drops to follow.  

    Julien Durix’s Genesis NFT Drop 

    Julien Durix is a famous artist whose past works have found their way into some of the most prestigious art galleries worldwide. With over 500 pieces created and released, Julien has earned himself a seat at the table of some highly-rated living artists globally. 

    Titled “Like A Brush,” his first digital art collection will be deployed on the Ethereum Blockchain. These NFTs are a product of Julien Durix’s first and most iconic original sculpture,This is more than just an NFT drop; it is a project that will bridge the gap between the physical and virtual artistic universes. 

    Julien Durix introduces the novel concept of “progressive burn,” This new concept will allow you, the holder, to exchange your NFTs for a genuinely exclusive physical artwork. The idea of progressive burn entails that the value of the artwork to be received will increase upon each burn window.

    Julien has also partnered with former NBA star Anthony Parker Jr. 

    111 NFTs will be created in the former San Antonio Spurs point guard’s image, and proceeds will go to his charity. You can get these NFTs by minting on the launch date or buying from the secondary market. Follow Julien Durix  and his NFT project Like A Brush to stay abreast of all that’s about to happen and get ready to cop one of the most anticipated NFTs of 2022. 

    Battle Infinity NFT Drop 

    Arguably one of the most anticipated 13 NFT drops of the year, Battle Infinity is a Metaverse-based gaming platform that offers various play-to-earn [P2E] elements. 

    Based on the Binance Smart Chain [BSC], Battle Infinity recently concluded its presale. One of the many reasons this exciting P2E game appears on this list is the presence of compelling, intuitive, and immersive gameplay. It is a sports game anyone can play. Unlike existing Metaverse and NFT games, Battle Infinity integrates NFTs as core parts of the game. 

    This upcoming NFT drop and P2E game will allow you to seamlessly trade NFTs and other in-game assets with players. That’s not all; Battle Infinity structures each player and NFTs, thus promising actual ownership. You can get this NFT by following the Battle Infinity team on social media. 

    Awesome Possums 

    Mental health has become a favorite topic, and rightly so. Unlike other upcoming NFTs, Awesome Possums focuses on reshaping the mental health journey by providing needed support to users. 

    Scheduled to drop next month, Awesome Possums features 12,000 NFTs at a mint price of 0.08 ETH. However, you can get these NFTs considerably cheaper during the pre-sale. According to the team, a large portion of proceeds generated will go to charity organizations playing a massive role in the mental health industry. 

    Awesome Possums is community-focused and aims to contribute to the world by providing necessary support to mental health patients. Like the Julien Durix NFTs, Awesome Possums are based on the Ethereum Blockchain. Holders will stay invested in the project’s vision through an incentive system—The Road. You can learn more about this upcoming NFT by following them on social media. 

    These are the best recent NFT drops to follow in 2022. While they all have clear visions and aim to share a percentage of their proceeds with charity, Julien Durix’s unprecedented drop ranks higher as the one you should look out for more. 

  • Four Solid Altcoins for the Long Term

    Four Solid Altcoins for the Long Term

    We all know about Bitcoin, the first and more popular crypto. But did you know there are over 10,000 active altcoins (alternative coins)? 

    Given the number of cryptocurrencies available in the market, choosing the right one can be tricky. Moreover, let’s not forget that the value of a handful of cryptocurrencies plummeted at the beginning of 2022 as investors became wary of riskier asset types and ever-changing economic circumstances. 

    Interestingly, Shiba Inu (SHIB), among other meme tokens, was not received well by investors due to the uncertainty such coins present. Though, at some point, Shiba Inu managed to surpass Dogecoin (DOGE), SHIB got hit hard by the recent crypto bear market, and prices went down 75% from SHIB’s previous high.

    The truth is that nobody can predict the market. Some coins may be suitable for shorting, or the act wherein you seek to sell a particular coin at a high price and buy it back again at a lower price, while others may be an excellent long-term investment.  

    It’s not only investors but companies and governments considering crypto. As stated on the Bitcoin Up site, “Huge investors like MicroStrategy are investing hundreds of millions into cryptocurrency and blockchain technologies. Giant payment processors like Visa, Mastercard and Paypal are also looking into cryptocurrency and DeFi. Various cryptos are on the verge of real-world acceptance across different sectors, bringing virtual money close to ordinary people.”

    So, with those things in mind, here are four altcoins with solid use cases that are more likely to outperform other assets over time. 

    1. Avalanche (AVAX)

    If you haven’t heard of Avalanche by this time, don’t worry – you can still catch up. But do it fast because this coin may substitute the crypto giant that is Ethereum. 

    Avalanche is an innovative contract network that aims to target issues such as congestion and expensive fees. It has been said that Avalanche has 160 applications running on its network and is the fourth largest chain in terms of total value locked. 

    Avalanche’s price has increased by over 3,000 per cent since 2021 and is now the 15th-largest cryptocurrency by market capitalisation (as of August 2022).

    2. Cardano (ADA)

    If you’re the type of person that is not into meme cryptocurrencies in terms of utility and legitimacy, then Cardano, which is the exact opposite, might be the right one for you.

    Cardano has big goals as it aims to use blockchain technology to make the world a better place. Aside from its leadership in the field, Cardano has already established a number of relationships in Africa, including one with the Ethiopian Ministry of Education, to enable people to use its blockchain to record students’ academic records.

    Cardano has received both praise and criticism for its slow-and-steady approach to its development. Yet, there is no doubt that Cardano, being one of the Top 10 coins, is worth considering.

    3. Livepeer (LPT)

    An excellent addition to our list is Livepeer. This particular cryptocurrency is one of the handfuls of decentralised networks and protocols that keep gaining popularity. 

    Why? Simply because Livepeer is one of the most beneficial networks in the live video streaming and broadcasting industry. The network has the capability to transcode videos or reformat the said videos so they may be played at various bandwidths, even on different devices. Transcoding is costly sometimes, but Livepeer’s decentralised concept has allowed users to donate their computer’s processing resources and get compensated with LPT tokens.

    Interested in investing in Livepeer? Great! Just remember that, like any other asset, LPT remains risky. 

    4. Sandbox (SAND)

    Last but not least, let’s talk about SAND. The Sandbox is a novel world where users can create, buy and sell assets in the form of a virtual game. 

    Sandbox is a unique currency that experienced a price increase last year following Facebook’s Meta rebranding. Some analysts think metaverses will be worth trillions in the future. Even Shiba Inu’s team has recently announced their plans to build a Shiberse metaverse.

    In the end, the gaming industry can thrive thanks to blockchain technology, so we are yet to witness its potential in the future. 

    Conclusion

    There are many altcoins to consider, with the four above presenting unique investment opportunities. However, a crypto investment alone is a risky move. The best thing to do for now is to research the assets of your interest, read up on updates, and only invest money you can afford to lose. 

  • SweatCoin, a Recently-Launched Move-to-Earn Token, Ranks #2–Top Coins to Watch for Sep 19–Sep 25

    SweatCoin, a Recently-Launched Move-to-Earn Token, Ranks #2–Top Coins to Watch for Sep 19–Sep 25

    SweatCoin, a Recently-Launched Move-to-Earn Token, Ranks #2–Top Coins to Watch for Sep 19–Sep 25

    Despite the successful competition on The Merge on the Ethereum mainnet on Thursday, September 15, ETH and the majority of other cryptocurrencies lost value last week. While the total market capitalization peaked at $1.1 trillion on Tuesday, it took a dive towards the $1 trillion line on Wednesday and dropped below this psychological line soon after The Merge was completed. Possible culprits for the downward trend include growing inflation as crypto market plunged in correlation with the stock market. Furthermore, the red numbers could also be a result of hype-driven investors and speculative traders dumping their ETH soon after the big event was behind us, as ETH ended the week as one of the biggest losers, ending the week with an almost 20% loss.

    3. Binance Coin (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

    Binance introduced Binance Account Bound (BAB) token and established a collaboration with Google Cloud

    While the limelight of the crypto community’s attention was shining on Ethereum, Binance has launched Binance Account Bound (BAB) token – a soul-bound token that will serve as an identity verification tool across BNB Chain-based projects.

    Users, who have completed their KYC procedure with Binance are already able to mint their own unique BAB token. Each verified user can only mint one BAB token and the tokens are non-transferable as this would defeat their purpose. However, should users change their mind, the minted tokens can be revoked (destroyed). Minting a BAB tokens incurs a BSC gas fee, which was initially set at 1 BUSD but Binance promises mentions that users with BAB tokens will be able to “participate in building the supporting projects on the chain and receive rewards”. In addition, BNB Chain has recently entered a high-profile collaboration with Google Cloud, which will provide services to BNB Chain-based Web3 projects as part of the partnership. Furthermore, around 150 projects from the BNB Chain’s Accelerator program will now have priority access to the start-up support program offered by Google Cloud.

    2. SweatCoin (SWEAT)

    Sweatcoin is a cryptocurrency project that aims to encourage people to maintain a healthy lifestyle through incentivising walking and moving around by foot. Users can earn SweatCoins tokens by recording their activity with the SweatCoin app, where they can also exchange the earned coins for rewards. The SWEAT cryptocurrency is built on NEAR but was also made available as an ERC-20 token on Ethereum ever since the token generation event (TGE) on September 13. According to the team, the Sweatcoin app has more than 110 million users across Android and iOS platforms.

    Buy/Sell SWEAT

    The recently launched Move-to-Earn token gets listed on several prominent exchanges

    Fitness app SweatCoin launched its own SWEAT token on September 13. The NEAR-based SWEAT token allows the Sweat Foundation to develop a better economic incentive environment for its users. Consequently, the move to a blockchain-based incentive model could also expose SweatCoin’s massive 110M+ user base to Web3 and blockchain.

    At launch of the native token users of SweatCoin platform were able to exchange their in-app points for SWEAT tokens at a 1:1 ratio. It is important to note, that as time progresses, a greater number of steps is required to mint 1 SWEAT, which gives early adopters an advantage over new and future users. To cut is short, the SWEAT token has absolutely made an impressive entry as the token trades on a few prominent exchanges including OKX, FTX and KuCoin less than a week following the token’s launch. In addition, the token could prove as a good short-term investment as it is still in its very early stage. However, the long-term success and performance of the token largely depends on whether the app’s economic model is sustainable or not and whether move-to-earn projects will continue to enjoy so much attention.

    1. Cardano (ADA)

    Cardano is a decentralized blockchain platform focused at creating a smart contract-enabled environment on which developers can build decentralized applications (dApps). By utilizing a proof-of-stake (PoS) consensus model, Cardano aims to deliver a more sustainable, scalable, and transparent operation compared to other smart contract blockchains. The project was started in 2017 by Charles Hoskinson, a mathematician who was once part of the Ethereum developer team. Together with a team of co-workers, Hoskinson raised $62.2 million for Cardano’s development through an ICO. Today, the development of the project is overseen by three main organizations: the IOHK, Cardano Foundation and Emurgo. Hoskinson and IOHK strive to follow the principles of academic peer review in the project’s development process. The native asset of the Cardano blockchain is called ADA, but in 2021 the project rolled-out an update, which allows users to issue other tokens on Cardano blockchain as well. In September 2021 smart-contracts debuted on the Cardano mainnet, which was a major milestone for the ecosystem.

    Buy/Sell ADA

    Cardano Mainnet to undergo Vasil hard fork on September 22

    Following Ethereum’s Merge, another major blockchain is slated for a big upgrade next week – this is Cardano. After the Vasil upgrade was successfully deployed on the Cardano testnet in July 2022, the time has finally arrived for this major update to hit the Cardano mainnet.  According to Input Output Hong Kong (IOHK) the Vasil update, whose launch was delayed several times, is finally going to be deployed on the mainnet on September 22, 2022.

    The Vasil update is Cardano’s 5th major upgrade and requires to be deployed via a hard fork. It will bring several scalability improvements, which could result in even lower fees. Among other improvements, Vasil will reduce the size of transactions, which will allow the network to handle more transactions while using the same processing power and blockchain size. The developers, on the other hand, will benefit from enhancements to the Plutus Developer Portal, which will feature novel tools that will facilitate the development of even more powerful and efficient blockchain-based applications. Vasil upgrade will be launching almost exactly a year after the smart contract-focused Alonzo hard fork, the most recent major Cardano upgrade. Since than (this is in 1 year), perhaps also due to the lack of/delayed development, Cardano’s ADA lost over 80% of its value. Do you think the Vasil hard fork could jumpstart an ADA rally and carry it back to Top 5 biggest cryptocurrencies, where it once stood?

  • Ethereum officially enters the PoS era, MEXC is the first exchange to open ETHW deposit

    Ethereum officially enters the PoS era, MEXC is the first exchange to open ETHW deposit

    At 06:43 (UTC) on Sept. 15, 2022, Ethereum completed its merge at the block height of 15,537,393 and officially switched to the proof-of-stake consensus mechanism. From then on, Ethereum bid farewell to the seven-year proof-of-work (PoW) mining era.

    At the same time, Ethereum had officially hard forked from Ethereum, retaining the PoW consensus. As the network token ETHW of the Ethereum forked chain, it has been actively opened for deposit and trading by various mainstream trading platforms.

    At 15:20 on Sept. 15, MEXC opened ETHW deposits, which is the first cryptocurrency trading platform on the entire network to open ETHW deposits. According to the calculation of the ETHW deposit, only 49 blocks are needed to complete the deposit process, which is currently the fastest account deposit speed among trading platforms.

    MEXC X ETHW

    According to CoinGecko data, the real-time price of ETHW is 13.01 Tether (USDT), and the 24-hour trading volume reached $74.05 million. Compared with mainstream trading platforms, the comprehensive indicators of MEXC, FTX and Bybit are among the top three from the perspective of trading volume, depth and price difference. From the trading page of ETHW on MEXC, the absolute value of the price difference between bid buy and ask price is only 0.002, which is the smallest, and the trading volume and depth indicators perform better.

    MEXC X ETHW/USDT

     In fact, MEXC is not only the fastest platform to open ETHW deposits within a single day but also the first to announce its support for the Ethereum 2.0 mainnet Merge and the first to list Ethereum’s potential forked chain tokens.

    According to MEXC’s announcement, MEXC has been supporting the trading of the “potential forked token ETHW” as early as Aug. 5. Currently, the token can be exchanged for ETHW, the real Ethereum network token. At the same time, the real Ethereum network token ETHW obtained outside the trading platform can also be deposited on MEXC for trading purposes.

    It is understood that MEXC is a world-leading user-friendly cryptocurrency trading platform, providing one-stop services for trading spot, leveraged exchange-traded funds (ETFs), perpetual futures, NFT Index, etc. With over 7 million users worldwide, MEXC is also the cryptocurrency trading platform that owns the fastest launch of popular projects on the entire network and the most abundant tradable categories.

    Also, according to CoinGecko data, MEXC currently supports more than 1,500 cryptocurrencies for spot trading, more than 120 cryptocurrency futures trading and more than 300 cryptocurrencies for leveraged ETF trading.

    Contact:

    Company Name: MEXC

    Name: Jenny Sun

    Email: media@mexc.com

  • Web3 Wallet Omni Raises $11 Million USD With MEXC Ventures’ Partnership

    Web3 Wallet Omni Raises $11 Million USD With MEXC Ventures’ Partnership

    According to media sources, Web3 wallet Omni announced that it had completed an equity financing of $11 million USD at a valuation of $50 million USD in May this year. The investors included MEXC Ventures, a fund under MEXC, as well as the Spartan Group, GSR Markets, Eden Block, OP Crypto, and more.

    What is Omni?

    Omni used to be called Steakwallet and was founded by Serafin Lion Engel, Alex Harley and James Stackhouse. It has built-in liquidity and staking functions, and supports users to transfer tokens across chains.

    At present, Omni has built smart contract middleware, which supports users to stake tokens through more than 20 protocols, and displays NFTs based on different blockchains on their mobile application. In the future, Omni will integrate into zkSync and StarkNet and more L2 networks.

    “The primary hurdle that stands between users gaining access to the future of the internet, is ease of use. That’s why we built Omni: an incredibly easy-to-use Web 3 application that can do it all without sacrificing even a fraction of self-sovereignty,” Engel said in the announcement. “Especially after seeing the CeFi meltdown, we wanted to give users something that was as easy to use as CeFi, but 100% self-custodial and DeFi. And that’s what we’ve done with Omni.”

    MEXC Partnership

    MEXC Ventures, affiliated to the cryptocurrency trading platform MEXC, is a diversified fund dedicated to digital assets, cryptocurrency and blockchain and other technology industries. It is committed to helping entrepreneurs and teams in their long-term development and success in the blockchain industry by providing professional consulting services, technical and financial support.

    The investment manager of MEXC Ventures said: “The future of blockchain is an organic ecosystem where multiple L1s and L2s intertwin. The wallet is the first step in the user’s web3 experience, and it is like a transportation hub. Thus, its ability to interoperate with each chain and layer smoothly is very important. Omni caters to the needs of the market and makes up for the shortcomings of current competing products. From a user experience point of view, it allows users to manage assets and interoperate contracts on each chain more conveniently.”

    At present, MEXC Ventures has invested in blockchain infrastructure, DeFi, NFT, GameFi and other sectors. It has invested in more than 50 blockchain projects including Avalanche, Mina, Qredo, Polkadot, Manta, Dorafactory, Raydium, and many more.

    Contact:

    Company: MEXC Exchange

    Name: Ming

    Contact:  ming@mexc.com

  • Metaverse Music Performance: Hype Or The Future?

    Metaverse Music Performance: Hype Or The Future?

    Metaverse Music Performance: Hype Or The Future?

    Snoop Dogg, Eminem, and Travis Scott are just a few big names who have recently entered the NFT world, bridging the gap between traditional and metaverse music industries. As a result, both the quality and quantity of metaverse concerts have skyrocketed. 

    However, let’s not forget that the present cryptocurrency market volatility has had a significant impact on non-fungible tokens (NFTs), reducing sales to pre-2021 levels. That’s why the future of music NFTs and metaverse performances is not as clear as everyone thought just a year ago. So in this article, we’ll go over the near and long-term prospects for music NFTs, present the most prominent examples of metaverse performances, and, most importantly, answer the question of how metaverse could change the music industry forever. 

    What are music NFTs?

    You’ve probably stumbled upon image NFTs, the most popular form of content put on the blockchain. Music NFTs work in the same way as any graphic NFTs, with the exception that they represent audible content. 

    Skipping the technical details, music NFT is a certificate of ownership of a particular audible item. It could be a soundtrack, song, or just a beat.

    Music NFTs and crypto labels have the potential to solve a wide range of issues in the traditional music industry. Removing unnecessary intermediaries empowers the artist and enables direct fan-creator interaction.

    Check out this article to learn more about music NFTs. 

    What are metaverse concerts?

    Music NFTs currently account for only a small percentage of the overall NFT market. However, the situation is rapidly changing, and metaverse performances are the main reason for that. 

    A metaverse concert is a virtual performance that takes place on metaverse platforms such as The Sandbox, Wave, Facebook, and others. Fundamentally, it’s the same as a traditional concert, with a few exceptions. A metaverse concert is either pre-recorded or performed live by an artist who stays in the room with specific equipment. It processes his performance and broadcasts the show live to the metaverse. Metaverse concerts do not take place in the physical world. As a result, you may effortlessly watch an American singer’s performance from Thailand, for example.

    Viewers connect to the metaverse platform and watch the concert remotely. In some circumstances, you can interact with the artist through chat and emoji reactions. To “attend” such a concert, all you need is a VR headset and a digital ticket, which is usually handed out for free.

    Virtual concerts seek to appear as authentic as possible to reproduce the traditional concert experience and beyond that. To make the concert more lifelike, your virtual character can interact with the performers, obtain different skins, and show off dance moves.

    Apart from that, metaverse performances have shown to be extremely profitable for artists. One of the reasons for that is the amount of work required to arrange such an event. Usually, it’s much smaller than arranging a physical performance. 

    Advertisements, merchandise sales, and  VR skin sales are the primary sources of revenue in this business model. 

    As of today, Travis Scott has the most profitable performance, earning him a whopping $20 million for only ten minutes of the show.

    Snoop Dogg and Eminem in Metaverse

    For quite a long time, Snoop Dogg has been known as a crypto pioneer. In 2021, he launched his first NFT collection, “The Doggies”.  Later on, he initiated the creation of a “snoop-verse” on the VR gaming platform The Sandbox. 

    In comparison, Eminem’s interest in NFTs appears to be much lower. Nonetheless, he has a few BAYC NFTs and appears to be expanding into the digital world. He creates sweatshirts with his bored ape, raising awareness of NFT among the general public. The joint concert with Snoop Dogg is a significant event for the artist, as it’s the first VR concert in his career. 

    Today, we’ll talk about Eminem’s recent collaboration with Snoop Dogg, a recent song called “From the D 2 the LBC.” It was presented at the MTV Video Music Awards 2022 in the hip-hop section and was admired by the majority of fans who have enjoyed the on-stage reunion of legendary rappers. From our perspective, this song is notable because it brings the metaverse directly to the mainstream music world.

    What’s interesting about the song is that it features multiple metaverse-to-real-world transitions. Artists play around with Snoop Dogg’s love of smoking weed and dynamically transfer themselves in and out of the metaverse. Yuga Labs has greatly helped musicians during their performances. Artists used Yuga’s assistance to switch between their real selves and their NFT avatars. 

    The performance has received mostly positive comments from both the audience and the media. However, there was some critique too. Some claimed that the show looked like a bad Instagram filter.

    What does this mean for the music industry?

    The MTV Video Music Awards is a prestigious ceremony, brought to music fans by the MTV channel. Participating in the event already implies having great public recognition. So, the mere presence of the legendary OG’s song presented in the metaverse speaks only in favor of the music NFT industry.

    The trend to hold metaverse concerts and create music NFTs is already strong, as these events have proven to be very efficient. Metaverse concerts bring tons of money and broad media coverage. And with high-profile musicians joining in, the niche is projected to grow even further. As mentioned earlier, metaverse concerts take place online. This benefits both the artists and their fans. Artists can draw crowds of millions at their shows. Fans can join a concert from all over the world without having to make a long and expensive trip.

    Because you can listen to a concert on your home setup, the sound at metaverse concerts is adjustable, contrary to live venue events. Excessively loud crowds, the shouting of drunken people around you — none of this applies to the metaverse performance. And I’m not even mentioning the simple safety issues that often arise at traditional concerts.  

    Summary

    It’s hard to ignore the general decline in cryptocurrency and NFT activity. The world is currently drowning in inflation and many economists even predict the onset of a recession. So, as for the short-term perspective, you should probably not expect a huge boom from musical NFTs. 

    In the long run, the situation is much more positive. The NFT industry as a whole continues to thrive. Because the value presented by this technology brings a lot of positive changes to the world, the industry is expected to increase rapidly in the long term. According to Marketdecipher, in ten years, the total NFT market is expected to grow by $42 billion. 

    Nowadays, it’s clear that musical NFTs and metaverse performances have proven to be worthwhile opportunities for creators. The confidence of ‘big’ artists in entering the NFT world inspires other creators and indicates that metaverse performances will stay with us for a while. 

  • BitiCodes Is Bringing a Revolutionary Wave in the Crypto World. Here’s How!

    BitiCodes Is Bringing a Revolutionary Wave in the Crypto World. Here’s How!

    Every year, the number of cryptocurrencies keeps growing, and new cryptos are added to the list. Since Satoshi Nakamoto developed Bitcoin in 2009, businessmen and programmers have turned their ideas into reality by creating cryptocurrencies, many of which are enjoyed today by crypto traders and investors. While the popularity of Bitcoin allowed crypto enthusiasts to favour it up until now, exploring the features and benefits that new crypto brings attracts others to engage in new crypto platforms.

    The newly launched Biticodes platform is bringing a revolutionary wave into the crypto world. Read on to learn how it immediately became such a hit in the crypto-verse.

    The New Crypto Platform: BitiCodes

    BitiCodes is a thorough auto-trading software established by experts who master the ins and outs of the crypto market and serve as guidance for new and experienced traders. The crypto platform was created to search for market opportunities and allow traders to use advanced tools and features to complete their trades. 

    With BitiCodes, you can start your trading career with a $250 deposit and no hidden fees. The platform has a demo account that allows you to experience trading in the market without putting your real money at risk. Choosing a crypto platform is difficult, thus picking the one that aligns with your goals and help you improve your trading strategy is essential.

    What Makes BitiCodes Unique?

    With its state-of-the-art technology and algorithms, BitiCode aims to make every trader’s experience smooth, efficient, and effective. The best thing about it is that it’s suitable for everyone: newbies and advanced traders. Newbies can greatly benefit from using the platform, as they could practice with the demo account and learn about trading and the actual market without risking their tangible assets.

    When you deposit funds into your BitiCodes account, the app uses those funds to search for new traders in the market for you. The moment it sees an opportunity to buy cryptos, the software places a position for a potential profit. Once the trade is completed, all the funds are returned to your account, and you can enjoy and watch your funds grow without breaking a sweat!

    Advantages of Trading with BitiCodes

    Every platform in the market has benefits and drawbacks that can make or break a crypto trader’s career. By using machine learning and artificial intelligence, BitiCodes trades bitcoin and other cryptocurrencies on your behalf. Let’s check out some of the advantages of this newly launched platform and why it is preferred by many.

    Minimum Deposit

    Some platforms require high fees even at the earlier stages. Well, it’s not the case for this platform – with just a $250 deposit, you can relax and feel at ease watching the software perform trades for you. All you need to do is click the auto-trade feature and choose the pair you wish to trade with, and that’s it! In addition, the platform also supports different payment methods, such as debit and credit cards, crypto wallets, or bank transfers.

    Easy and Quick Registration

    Are you interested in registering for BitciCodes? Don’t fret, as creating an account on this platform is relatively quick and easy. Forget about the hassle registration process of setting up an account – aside from being free, creating an account only requires a few minutes to complete. Just provide the needed personal information, such as your full name, email address, contact numbers, etc. The platform will automatically send you a confirmation email that your account is already active.

    Top-Notch Security

    In any venture that involves money, security should be your main priority. With BitiCodes’ security protocols, rest assured that your account and funds are kept private and safe. The platform follows online security certifications to reduce or block the possibility of online hacks and breaches from happening. It has also implemented a series of verification processes on every step to limit unauthorised access and ensure that it’s you opening your account.

    Fast Deposits & Withdrawals

    BitiCodes offer various payment methods, and because of this, crypto traders can make withdrawals and deposits quickly. With this platform’s minimal processing time, you don’t have to wait hours or days to make deposits and cashouts. Depending on the network traffic, transactions on BitiCodes only take seconds to a few minutes.

    Demo Trading

    This feature is perhaps what newbies most loved about the platform. BitiCodes offers demo trading for beginner traders who want a glimpse of the trading world and market without putting their real funds at risk due to no experience or low level of knowledge and skills. Programmers of this platform recommend trying its paper trading account before investing or diving into the real world.

     24/7 Customer Support

    There are unwanted times when you may encounter issues and would need help or assistance when trying out the different features of a new application of the platform. BitiCodes offer 24/7 phone and email support for registered users, so you can ask for assistance or raise questions whenever you like.

    Conclusion

    With the long list of cryptocurrency platforms in the market, it can be challenging to trust and choose the one that aligns with your crypto career goals. BitiCodes is a wise choice for newbie traders as the platform caters to beginners’ needs and offers a demo account. So, take a peek at the BitiCodes’ features, and experience trading in the market without using real money. 

  • Norway’s Central Bank Taps Into Ethereum Infrastructure to Build Nation’s CBDC

    Norway’s Central Bank Taps Into Ethereum Infrastructure to Build Nation’s CBDC

    Flag of Norway image cover

    The central bank of Norway, Norges Bank, is reportedly working on central bank digital currency (CBDC) on Ethereum infrastructure. Still in prototype stages, the CBDC is currently being tested the so-called sandbox mode, which allows developers to test out the digital currency in an isolated environment.

    Key takeaways:

    • Norges Bank’s CBDC project is being developed in collaboration with Ethereum scaling solution Nahmii. The company published the code for the nation’s digital currency in a GitHub repository last week.
    • In the project’s current iteration, Norges Bank and Nahmii are testing out “basic token management use cases”, consisting of token minting, burning, and ERC-20 token transfers.
    • According to Nahmii’s blog post, the sandbox has been written in React, a flexible frontend javascript library, largely responsible for developing the view layer of web-based and native mobile apps.
    • As of right now, the project’s code does not support third-party wallet integrations, such as MetaMask. In addition, all transactions on the testnet are private. 
    • According to data collected by the International Monetary Fund (IMF), nearly 100 countries around the globe are developing their own versions of blockchain-basked fiat currencies. 
    • China, one of the frontrunners in the space, has been working on a digital yuan since 2014, and its currency has already seen limited use in real-life scenarios, such as at this year’s Winter Olympics. India is also fast-tracking its CBDC development and aims to start issuing digital rupees as soon as by the end of 2022. The US and the US have also raised their CBDC efforts, aiming for pilot programs in 2023.
    CBDC development by country. Image source: IMF (Global CBDC development in 2022)
    Buy/Sell ETH
  • What Is Binance Gift Card and How to Use It in Everyday Life?

    What Is Binance Gift Card and How to Use It in Everyday Life?

    Binance Gift Card

    Binance Gift Card can be a powerful tool for those who are searching for new ways of using crypto for a variety of tasks, ranging from simple digital asset transfers to crypto gifts, all the way to facilitating new business models. 

    While anyone can receive a Binance Gift Card, you will need to open an account on Binance in order to create one.

    Create Binance Account

    What is Binance Gift Card?

    Binance Gift Card is a digital product that enables anyone to send crypto with no cross-border or any other extra fees. Users can send any of the hundreds of supported cryptocurrencies, including Bitcoin, Ethereum, and a number of stablecoins. In addition, users can create a gift card by using supported fiat currencies as well.

    A major benefit of Binance Gift Card is the fact that they are not limited to Binance users – they can be sent to anyone via email or text, and if they end up creating an account on Binance, the original gifter earns referral commission.

    In addition to intra-person transfers and gifting, Binance complements its Gift Card offering with a special Binance Code Partner program tailored for business partners, who can resell Binance Gift Cards, enable users to buy NFTs and other digital assets with Binance Code, and sell Gift Cards to facilitate P2P trading.

    What are some Binance Gift Card use cases?

    As briefly mentioned above, Binance Gift Card can serve various purposes, including transferring crypto, gifting, and supporting different types of business models. We’ll explore how Gift Cards can be used in more detail in the following sections. Keep in mind that these are just some of the Gift Card uses as the possibilities are truly endless.

    Send crypto to anywhere in the world with zero fees

    One of the most significant benefits of Binance Gift Cards is their ability to serve as a great medium for cryptocurrency transfers. Users can decide how much of a supported digital currency to send, and the recipient can redeem the Gift Card without paying any fees. For this reason, Binance Gift Cards are a great option for remittance payments, especially considering the high fees traditional financial services charge for overseas money transfers.

    To further streamline the process of transferring crypto between friends and family members, Binance recently launched a Transfer Crypto hub, allowing anyone with a Binance account to send crypto anywhere in the world with zero fees. 

    Start your friends or family on a crypto journey

    Binance Gift Cards can be used for gifting. Truly a shocker, we know. Jokes aside, sending a Gift Card to someone who might be interested in crypto but could feel overwhelmed using blockchain services themselves, can serve as a great starting point to crypto. 

    In addition, each Gift Card can be customized with different templates from the Gift Card Marketplace and sent with a special message. Moreover, once the recipient redeems the Gift Card by opening a new account on Binance, you can look forward to earning referral commission.

    Reward your employees and automate payroll

    Binance Gift Cards are a great way to reward employees for their hard work, thanks to a special feature called Bulk Create. While the feature can be used amongst friends and family, where the feature truly shines is in large workplaces, where creating a Gift Card for each team member individually could be very time-consuming. 

    Beyond occasional bonuses, the process of creating Binance Gift Cards can be automated, which can come in handy for businesses who might want to fulfill their payroll obligations using crypto. A major benefit of using Gift Cards for such purposes is transparency and effortless transaction history tracking provided by the service. 

    How to use Binance’s Gift Card

    With the brief description of Binance Gift Cards and their use cases behind us, let’s examine how one would go about creating, sending, and redeeming a Gift Card. If you’re a desktop user, click on this link to open the Gift Card section on the Binance webpage, or click on the button below if you are a mobile user.

    Send crypto with Binance Gift Card

    How to create Binance Gift Card

    The process of creating a Binance Gift Card is quite straightforward and can be completed in just a couple of minutes. In this guide, we are showcasing how to create a Gift Card on Binance mobile app, however, the process is virtually the same when using the desktop client.

    Step 1

    After logging into your Binance account, start by tapping on the More button on the app’s home screen. 

    Step 2

    Once in the Services menu, proceed by selecting Gift & Campaign and then choose Gift Card. 

    Step 3 

    In the main Gift Card menu, you will find the three most important features, namely, Send Gift, Redeem, and Transfer Crypto options. To create a gift card, tap on the Send Gift button.

    Step 4

    At the top of the screen, you can select from different Gift Card template styles. Select the cryptocurrency you would like to use to create the Gift Card and enter the amount (you can use your Spot Wallet or Funding Wallet funds). Click Next.

    Step 5

    Your Gift Card has been created. You can send the Card to a recipient’s email address or phone number.

    How to redeem or send Binance Gift Card

    Here’s a quick step-by-step guide showcasing how to redeem or send a Binance Gift Card.

    Step 1 

    Back in the Gift Card home menu, tap on the View History option in the bottom right corner. If you would like to redeem a Gift Card, you can also proceed by selecting the Redeem option next to the Send gift button.

    How to redeem or send Binance Gift Card

    Step 2

    Tap on the Gift Card you would like to send.

    Step 3

    Tap on Send and proceed by entering the recipient’s personal information (email address or phone number). 

    Step 4 

    If you would like to redeem the card, select the Redeem option instead. Confirm the redemption in a pop-up dialog that appears shortly after.

    Step 5 

    Congratulations, you’ve successfully redeemed a Binance Gift Card. Once redeemed, the Card cannot be reused.

    How to transfer crypto

    You can also choose the Transfer Crypto service if you would simply like to transfer crypto without using any of the features – such as a customizable template style – that make Binance’s Gift Card product unique. You’ll still benefit from incurring zero transaction fees, which can be great for remittance payments. 

    Step 1 

    In the Gift Card main menu, tap on Transfer Crypto.

    Step 2 

    Enter the type and amount of cryptocurrency you would like to send. You can send the redemption code via text or email. Once done with your selection, click Generate redemption code to complete your transfer.

    Gift Card Marketplace

    One of the most unique features of using Binance’s Gift Cards is the ability to customize each card with different themes, ranging from NFT-inspired animations, to crypto-oriented slogans such as HODL, and more. 

    While the style chosen for Binance’s Gift Card plays no role in the functionality of each Gift Card, it can play an important role when gifting crypto. Image sending one of your family members a Happy Birthday-themed Gift Card, for instance. 

    Wrapping up

    Binance’s Gift Card is a multi-faceted crypto-focused service that enables Binance users to send crypto with zero fees. While the name itself might imply that the service is designed for gifting exclusively, the reality is that Binance’s Gift Cards can serve a range of different purposes, including sending crypto overseas without incurring any extra charges, automating payroll and bonus payments, and more.