Blog

  • Environment Saving Crypto – Big Eyes Coin’s $1,000,000 Charity for the Oceans Plus Chainlink and VeChain Emit Less Energy

    Environment Saving Crypto – Big Eyes Coin’s $1,000,000 Charity for the Oceans Plus Chainlink and VeChain Emit Less Energy

    Many would agree that blockchain technology brought us amazing innovations and possibilities. The fact that cryptocurrency is a decentralized and secure pathway to performing transactions renders banks and other financial intermediaries in a different position. Excessive verification from these entities has moved most people away from the bank and fiat forms of payment to the cryptocurrency route.  But with the cryptocurrency hype increasing daily we seem to forget the environment gets impacted by these activities, and sometimes in a very bad and negative way.

    Miners for example employ ASIC machines that can be bad for the environment in large quantities and actions are needed to offset these disadvantages. Big Eyes Coin (BIG) is a cryptocurrency with a focus on saving our oceans through charities and its network. Chainlink (LINK) is a proof-of-stake (PoS) consensus mechanism that uses less energy than the proof-of-work (PoW) based blockchains and VeChain’s proof-of-authority (PoA) consumes even less than PoS.  This article will look at what exactly these cryptos are and the features they come with


    Big Eyes Coin (BIG)

    What is Big Eyes Coin

    In addition to being a decentralized, scalable and secure coin, Big Eyes Coin (BIG) is a community-based coin that revolves around cats. The Big Eyes (BIG) is a layer-2 network powered by the native cryptocurrency and is built on Ethereum (ETH).

    Big Eyes (BIG) is an ecosystem that self-propagates for hypergrowth through non-fungible tokens to give access to lots of content and events. The Big Eyes Coin (BIG) is a community token and has the potential to generate charity and create wealth for its community.

    Buy why a Cat?

    The reason a cat was chosen is because of four things:

    • Activity

    Just as the cat does everything with reason, Big Eyes Coin (BIG) does the same for example it doesn’t waste energy and it does this without a mess. Users can expect Big Eyes Coin (BIG) to do exactly what’s expected of it without delay just as the cat hunts the bird.

    • Playfulness

    As much a cat loves to get to work and take care of itself, it also likes to play and Big Eyes Coin (BIG) is centred on the aspect of working hard and playing hard.

    • Longevity

    A cat has nine lives meaning it’s difficult to kill, Big Eyes Coin (BIG) is a cryptocurrency that’s sturdy, robust and designed for bear markets. It constantly works on improving its network and doing better giving it great potential.

    • Socialness

    Cats are all about being social and aren’t a one-man island, like lions they seek a pride to go further instead of merely going faster like a lone cat. Big Eyes Coin (BIG) through its decentralized finance (DeFi) features and state-of-the-art blockchain capabilities works as a community with its members. Communication is key in the world of Big Eyes (BIG) and sharing is important, this means trust is a vital factor in its ecosystem which is also the source of its strength.

    A tax-free system

    Big Eyes Coin (BIG) doesn’t have taxes meaning you won’t have worries and fees. Users also have a dynamic tax system which serves the longevity of the Big Eyes (BIG) ecosystem. The dynamic tax system means changes in fees for the LP acquisition, marketing wallet and auto burn functions can take place.

    The team

    Big Eyes (BIG) involves five “cats” namely Top Cat, Tech Cat, Hype Cat, Op Cat and Law Cat and this mix of felines are knowledgeable on crypto, making the community work hard for their coins, ensuring ambition reigns in the ecosystem and vital tasks are constantly happening.

    Where is Big Eyes headed? Does it have a plan?

    Big Eyes Coin (BIG) is on presale now which is the first part of its 4-stage action plan namely:

    • Stage 1 – Crouch
    • Stage 2 – Leap
    • Stage 3 – Run
    • Stage 4 – Catwalk

    The Crouch stage is more than just a presale phase because three audits will take place here and 15,000 telegram members are involved. Leap is an interesting stage because of the launch of the Uniswap (UNI) exchange which can strongly propel Big Eyes (BIG) in the crypto space. This is an important stage as donations to charity start here.

    Run has the first NFT exclusive IRL event made by Big Eyes (BIG) and Catwalk is aiming for a million-dollar charity! If you like Big Eyes (BIG) and want to read more on it, check this link and here.

    Chainlink (LINK)

    The Network and its cryptocurrency

    Chainlink (LINK) is a network launched in 2017 by SmartContract, a profit organization. The Chainlink (LINK) team started an initial coin offering (ICO) where 32 million dollars were raised through selling a billion Chainlink tokens (LINK), the native Chainlink (LINK) platform cryptocurrency.

    Another 35% of Chainlink tokens (LINK) were for node operator incentive purposes and 30% more were given to SmartContract development needs. The native Chainlink token (LINK) is ERC-20 crypto mainly for incentivizing many global nodes so that Chainlink (LINK) can form accurate data for smart contracts that operate on blockchains.

    How does it work?

    The Chainlink token (LINK) can be used to buy services within the Chainlink (LINK) oracle and is the powerhouse behind Chainlink (LINK). Contract holders are asked to pay node operators in the native Chainlink token (LINK) for the data they provide. Also, prices are decided by Chainlink (LINK) node operators about the demand for data they can give as well as the market for the data.

    Staking with Chainlink

    Chainlink’s (LINK) validator nodes represent blockchain oracles that execute more tasks than the usual decentralized platform. An oracle communicates with smart contracts and sends data from outside sources to them. Chainlink (LINK) validators get incentives in the native token form to do these tasks.

    Validator nodes need to stake Chainlink tokens (LINK) and the larger the stake the better the quality of contracts they obtain. Staking in Chainlink (LINK) can’t currently happen for non-validator nodes as the ecosystem only allows for the validators to earn the native token through staking.

    VeChain (VET)

    VeChain (VET) is a blockchain that leverages smart contracts to create opportunities for businesses. VeChain (VET) has a supply chain product that allows for the tracing of shipped goods from their beginning to their end-point. Uses of VeChain (VET) range from the food industry to fashion which it achieves through its native VeChain token (VET).

    The PoA consensus mechanism

    VeChain (VET) employs the PoA which integrates blockchain features with algorithms to deliver a transparent and reliable experience to its users. The nodes of a PoA aid participating people validation transactions inside the blockchain. PoA differs from PoW which uses miners who perform complex equations to obtain rewards through high-energy mining.

    Should I buy VeChain tokens?

    VeChain tokens (VET) have utility and real-life uses which have created partnerships for the ecosystem, especially business-related enterprises. This is different from other blockchains that are that focus on helping individual people and groups make transactions without intermediaries and centralized institutions.  VeChain (VET) hasn’t experienced any harmful acts of a large scale to its ecosystem and the team behind it is constantly progressing the network.

    VeChain (VET) can do better in its brand awareness campaigns to increase in popularity, however, this is a small disadvantage compared to its potential as a cryptocurrency to purchase, like other cryptocurrencies, VeChain (VET) can be volatile which users must account for before buying.

  • Uniswap Ranks #1 as the Project’s Governance Community Unanimously Decides to Create the Uniswap Foundation–Top Coins to Watch for Aug 29–Sep 4

    Uniswap Ranks #1 as the Project’s Governance Community Unanimously Decides to Create the Uniswap Foundation–Top Coins to Watch for Aug 29–Sep 4

    Uniswap Ranks #1 as the Project’s Governance Community Unanimously Decides to Create the Uniswap Foundation–Top Coins to Watch for Aug 29–Sep 4

    During another week of bear market, the cryptocurrency market capitalization dipped below $1 trillion for the first time since the end of July. After a minuscule recovery, the combined market capitalization of all cryptocurrencies is slowly reaching back the $1.00 trillion milestone as we enter Week 35. Both BTC and ETH have incurred weekly losses of around 5%, causing two of the biggest cryptocurrencies to change hands at prices of $20,000 and $1,500 respectively – both of which are very near the coins’ two-year low valuation. Will we see trend reversal this week or will the market cap dive even deeper in the sub $1 trillion levels?

    3. Polygon (MATIC)

    Polygon, previously known as Matic Network, is a leading Ethereum Layer 2 scaling solution. The Polygon Layer 2 network consists of several simultaneously run proof-of-stake sidechains that regularly push the data to Ethereum to create network checkpoints. Currently, there two bridges that allow users to move assets between Ethereum and Polygon, the first one being the Plasma bridge and the second one the PoS Bridge. The Plasma bridge delivers supersonic speeds and throughput and allows for an easy and fast exit to Ethereum mainnet at the same time. Together with several other features and tweaks, Polygon provides a major scalability improvement to the biggest smart contract blockchain. By successfully overcoming Ethereum’s most limiting shortcomings Polygon has become attractive for DeFi projects and is establishing itself as one of the key DeFi networks.

    Reddit is airdropping free Collectible Avatars – Polygon-based NFTs – to its most active users

    We have reported last month about Reddit’s launch of a new feature that lets users create and trade unique profile pictures called ‘Collectible Avatars’. Although the popular social platform completely avoided using the NFT terminology, the cartoon-inspired avatars are essentially exactly that – non-fungible tokens (NFTs) issued on the Polygon blockchain. Reddit sells Collectible Avatars through the site’s own marketplace at fixed prices ranging from $9.99 to $100. Recently a Reddit moderator announced that the platform will start air-dropping Collectible Avatars to its top community builders. Users who have collected enough karma will be able to choose between four avatar styles called ‘Aww Friends’, ‘Drip Squad’, ‘Meme Team’ and ‘The Singularity’.

    If you actively use Reddit, search for this banner in your feed to receive a free NFT. (Source: Reddit)

    Although Polygon blockchain works almost entirely in the background when it comes to Reddit’s Collectible Avatars such implementations still have the potential to introduce blockchain to the mainstream. In addition, Reddit revealed plans to implement more blockchain-based functionalities in the future, which could further benefit Polygon as they are apparently the platform’s blockchain of choice. Furthermore, Reddit is not the only big player that has partnered with Polygon. Other international companies that are involved with Polygon include Disney and Coca-Cola, making it likely for some interesting Polygon use cases to arise from these partnerships as well.

    2. Chiliz (CHZ)

    Chiliz is a blockchain based project aimed to cater the needs of sports and entertainment platforms. The goal of the project is to give sports fans a completely different experience of interaction with their favourite players, clubs, or leagues. The project’s own sports fan engagement platform called “Socios” for example monetizes the fans’ engagement with their favourite clubs through blockchain technology. CHZ is an ERC-20 token with utility within Chiliz and Socios platforms. In addition, the token has good liquidity and can be traded via some of the major exchanges. In addition, the project also operates its own Chiliz blockchain, where CHZ tokens are used as the currency. The project enjoys the support of several Italian Serie A teams, major football teams in Spain, and even the UFC.

    The CHZ 2.0 announcement sparked activity among CHZ whales

    Chiliz CEO has recently announced that the project plans launch of its own native chain (CHZ 2.0), which will see Chiliz transition from the Ethereum chain to the project’s own blockchain among other improvements. The announcement has apparently sparked considerable activity among CHZ whales as there were more than 100 CHZ transactions worth more than $100,000 conducted through the Ethereum network on August 23. Crypto analytics firm Santiment notes that this is the largest number of such transactions since March 29. At the same time market data showed increased trading activity, indicating that rich investors are accumulating CHZ. The extensive buy pressure sparked by the CHZ 2.0 announcement was identified as one of the key factors contributing to CHZ’s recent price action which defies the bearish sentiment that is currently engulfing almost all other crypto markets. To better illustrate the situation, while all other coins are in the red, CHZ is up by almost 20% in the past 7 days. In addition, Chiliz has been one of the biggest gainers in the past month as its token has almost doubled its price in that time. In addition to fundamental developments around CHZ 2.0, the technical analysis also favours CHZ appreciation. Looking at a daily price chart for CHZ/USD for the past 6 months we can see a formation of a nice cup and handle pattern. Recently, CHZ has been closing above the pattern’s neckline range, which is considered a potential bullish reversal setup.

    1. Uniswap (UNI)

    UNI is the governance token of the automated market maker (AMM) protocol Uniswap. UNI tokens are ERC-20 tokens that allow holders to decide on the future of Uniswap by voting on proposals. Uniswap – the platform, which facilitates quick swaps between various Ethereum-based tokens, has recently been struggling to keep its users and market share because of high fees on Ethereum. In March this year the project released Uniswap V3, a new and improved version of the AMM protocol on Ethereum mainnet. In July 2021 Uniswap tried to reduce the costs of trades by launching on two Ethereum Layer 2 networks: Optimistic Ethereum and Arbitrum. In its 3 years of existence, Uniswap has pioneered several DeFi functionalities and supported more than $1T in cumulative volume.

    Uniswap governance community founds the Uniswap Foundation

    Uniswap, the largest decentralized exchange (DEX) in terms of trading volume, will be governed by a new Uniswap Foundation, which will enhance governance and optimize how grants are distributed.

    The creation of Uniswap Foundation follows the competition of a Uniswap governance vote that ended on August 24. The proposal to create a new organization that will overssee the decentralized growth and sustainability of the Uniswap Protocol was met with almost unanimous support from the community, as only 770 UNI signalled to oppose the proposal. The proposal also predicts $74 million in UNI to be allocated to newly created Uniswap Foundation. While this sounds like big money, it should be noted that $60 million will be used to fund the Uniswap Grants Program, which leaves the team with only $14 million of operating budget. In addition, Uniswap is also preparing to expand its presence in the digital collectibles market by becoming an “interface for all NFT liquidity”. According to Uniswap’s NFT product lead liquidity fragmentation and information asymmetry are big and yet unaddressed problems in the NFT sphere. Luckily, Uniswap has been holding talks with 7 top NFT lending protocols to solve these issues, he wrote on Twitter.

  • Calo Metaverse Unveils Burn-to-Earn App Calo Indoor as Its Second Project

    Calo Metaverse Unveils Burn-to-Earn App Calo Indoor as Its Second Project

    Hochiminh, Vietnam, 28th August, 2022, Chainwire

    Calo Indoor has been revealed as the second project officially incubated by Calo Metaverse. The web3 application combines AR technology with GameFi and SocialFi elements. The Burn-to-Earn (B2E) app rewards users for staying active.

    Calo Indoor follows Calo Run in being released by the CaloVerse ecosystem. It’s focused on building a system of indoor exercise activities that can be enhanced AR technology. The two apps that have been released under the Calo brand to date tap into the growing trend for incentivized fitness apps. The incorporation of AR technology makes for a more immersive and gamified user experience, with rewards mapping closely to the activity performed.

    The Calo Indoor app can be installed on smartphone or tablet and no special exercise equipment is required to use it. App users participate in simple yet varied calorie-burning exercises that are cardio-based. The GameFi components of Calo Indoor include the ability to equip an NFT sneaker for activity preferences. Users can also experience fitness activities that harness AR technology and earn rewards in the form of IFIT tokens, Calo Token and other in-game items. 

    Calo Indoor will start issuing the first INO (Initial NFT Offering) in September 2022. Previous project Calo Run released its native NFTs under a whitelist on a First Come First Serve basis and sold out within 8 minutes. 

    Learn more about Calo Indoor: https://indoor.fun/?utm_source=CaloIndoor_BC 

    Join the Calo Indoor community: https://t.me/+MMaSgeQ_yjY2NjQ1

    About Calo Metaverse

    Calo Metaverse applies blockchain and metaverse (virtual universe) components into health and entertainment products that support wellbeing. CaloVerse is the ecosystem of the Calo Metaverse and is dedicated to sports and lifestyle. Calo Run and Calo Indoor are two projects within CaloVerse. Calo Indoor encourages users to exercise at home through gameplay that combines GameFi and AR.

    Contacts
    • Calo Metaverse team
    • admin@calo.run
  • Keep An Eye On Persystic Token As It Enters The Crypto Market To Compete With Axie Infinity

    Keep An Eye On Persystic Token As It Enters The Crypto Market To Compete With Axie Infinity

    Introduction

    Bitcoin and the larger crypto market have been falling this year as a result of continued macroeconomic uncertainties. Many people have had a challenging year in 2022, with soaring prices harming economies and the Russia-Ukraine war exacerbating the situation. Financial markets took a beating with the United States and many other global giants attempting to combat inflation by raising interest rates.

    A cryptocurrency is a type of digital currency that was produced utilizing encryption methods. Because of encryption technologies, cryptocurrencies can operate as both a currency and a virtual accounting system.

    Persystic Token (PSYS)

    Persystic Token (PSYS) is a tokenized mixed social network that allows people to communicate and establish communities based on democratic principles and the freedom to express themselves. Naturally, some lines should not be crossed, but Persystic Token(PSYS) would never demonetize or censor a user simply because they hold a different position. Unfortunately, most large platforms have chosen demonetization as their preferred alternative.

    A Persystic (PSYS) token, usually called a Persystic, is the Persystic network’s primary unit of account. It is a native BSC-compatible BEP-20 token explicitly designed for transactions on the Persystic platform. Those transactions can be facilitated via the platform. The Persystic Token (PSYS) can be bought or traded on major cryptocurrency exchanges.

    Unique Features Of Persystic Token (PSYS)

    Value of People (VoP)

    Persystic Token (PSYS) proposes a fundamental shift in how humans and their technologies collaborate to extract value from data. They are building a new idea called the “value of people,” or simply VoP for short, by demonstrating qualities from both an artistic and entrepreneurial standpoint.

    Once decentralized entities have measured their reputations, the site will employ a tokenization technique to determine how individuals are ranked. Decentralization, in this sense, might enable artists and businesspeople to test the sustainability of their artistic pursuits or commercial strategies before releasing them to the public. This gives them a high level of confidence that the content they create is valuable and has the potential to be successful.

    dApps

    Persystic Token (PSYS) will be implemented on the Binance Smart Chain (BSC), which will act as the underlying blockchain. Both Ethereum and BSC include smart contract functionality. It is also interoperable with the Ethereum Virtual Machine (EVM), indicating that the BEP-20 standard extends the functionality of Ethereum’s ERC-2016 standard. Because BSC is EVM compliant, it supports a wide range of Ethereum’s ERC-20 token standards, each of which can be utilized for various decentralized applications (DApps).

    Privacy

    Concerns over users’ privacy on social media sites have steadily increased over the past few years. Users are being forced to re-evaluate their relationships with the various platforms, and the safety of their data, as the number of data breaches continues to rise.

    Their platform not only combines concepts from the most popular social networks but has also introduced a new business model and pioneering privacy policies in social networking. Furthermore, blockchain reinforces this, which enables users to share and monetize their content in a transparent, secure, and verifiable way.

    Axie Infinity (AXS)

    Axie Infinity (AXS) is a blockchain-related trade and battle game in which participants own and run a portion of the game. Furthermore, the platform is influenced by well-known games such as Pokémon and Tamagotchi. However, it enables players to collect, breed, raise, combat, and trade Axies, which are token-related creatures.

    Each Axie Infinity (AXS) is a non-fungible token (NFT) with unique characteristics and abilities. It may also participate in 3v3 combat, with the winning side getting more experience (exp) points, which can level up an Axie’s stats or evolve its body parts. Furthermore, these Axies may be mated together to generate new and distinct offspring that could be utilized or sold on the Axie market.

    The value of Axie Infinity (AXS) increased by 1.13% last week and decreased by 7.80% in the previous 24 hours. The cryptocurrency is presently ranked 52 on CoinCheckup, with a market cap of $1.12 billion.

    Conclusion

    Persystic Token (PSYS) also intends to provide a common thread and communication channel between celebrities, influencers, and their networks to promote their businesses’ growth and empowerment.

    Because the cryptocurrency is new, buying it now will benefit you. If you buy the currency with ETH, USDT ERC-20, or BTC, you will receive an additional 9% bonus. You will each receive $25 tokens for every $50 spent if you refer friends to the coin. Furthermore, the first stage of the presale includes a 5% incentive.

  • Crypto ATM Company Bitcoin Depot To Go Public Through an $885M SPAC Deal

    Crypto ATM Company Bitcoin Depot To Go Public Through an $885M SPAC Deal

    Bitcoin cash fiat cover

    Cryptocurrency ATM company Bitcoin Depot has reached an $885 million deal with a special-purpose acquisition company (SPAC) – GSR II Meteora Acquisition – that will see the company go public, the Wall Street Journal reported on Thursday. 

    Key takeaways:

    • Founded in 2016, Bitcoin Depot is an Atlanta-based business that operates more than 7,700 digital currency ATMs spread across the United States and Canada.
    • The SPAC agreement comes at a time of great volatility in the crypto sector, with most digital assets trading 70% or more down from their last November price peaks.
    • According to Coin ATM Radar, a company tracking cryptocurrency ATM locations across the globe, there are more than 38,700 automatic crypto tellers spread out across the globe. The vast majority of crypto ATMs – over 35,000 – are located in North America.
    • The number of crypto ATMs exploded in the past two years – Coin ATM Radar data shows an increase from about 6,300 in 2020 to 38,750 in 2022.
    • Contrary to conventional ATMs, cryptocurrency tellers allow users to deposit cash to receive a corresponding amount of Bitcoin, Ethereum, and other supported digital currencies in exchange for a processing fee.
    Coin ATM Radar data shows that the vast majority of crypto ATMs are located in the United States.
    The vast majority of crypto ATMs are located in the United States. Image source: Coin ATM Radar
  • Zonda Receives Official License from OAM to Operate in Italy

    Zonda Receives Official License from OAM to Operate in Italy

    Tallinn, Estonia, 26th August, 2022, Chainwire

    Central and Eastern Europe’s largest digital currency exchange, Zonda, has been awarded an official license from the ‘Organismo Agenti e Mediatori’ (OAM) to operate as a virtual asset service provider in Italy. 

    The licensing of Zonda in Italy is an important step for the company as it continues its expansion throughout Europe and the World. Compliance with all local and international regulations is
    something Zonda views as critically important to maintaining consumer safety. With the OAM license, they can now offer their services to Italian customers i the safest and most compliant manner possible. 

    “Receiving a license from the Italian Regulatory Agency is an important milestone in our global expansion efforts, further strengthening our position as one of the most secure and well-regulated exchanges in Europe.” 

     – PrzemysƂaw Kral, Zonda CEO 

    Regulatory approval has been at the forefront of Zonda’s efforts as the business expands, with its sights set on several more similar approvals from other jurisdictions globally. Following the expansion into Italy, Zonda is now sharpening its focus on the UK and Switzerland, two
    more regions where licensing procedures are underway. 

    “It’s integral for any company to have public recognition align with it’s practised reality. As a company that constantly seeks to simplify and secure the full spectrum trading process for investors, we are proud of yet another formal recognition of our regulatory commitment and
    ambitions.” 

    – Barnabas Goh, Zonda CMO 

    Italians can register for free on the Zonda website and access Zonda’s wide range of
    powerful trading tools and over 60 cryptocurrencies to invest in. 

    About Zonda  

    Established in 2014, Zonda is one of Europe’s largest digital asset investment platforms with over 1 million registered users. The company is regulated by the Estonian Financial Intelligence Unit
    (FIU) and licensed to operate in Canada as a Money Services Business (MSB), as granted by the Financial Transactions and Reports Analysis Center of Canada (FINTRAC). Zonda has a policy against money laundering and terrorism financing and applies strict AML and KYC procedures.  

    Users can make transactions in over 60 coins and tokens in pairs with traditional currencies (EUR, USD, GBP and PLN), stablecoins (USDT and USDC), and BTC and ETH. Zonda is constantly developing and expanding its business, which has resulted in the creation of products such
    as Zonda FIAT Exchange and Zonda Pay.  

    To know more about investments in digital assets visit www.zondaglobal.com 

    Contacts

    Content Manager

    • Mark Hartley
    • Zonda Global
    • mark.hartley@zondaglobal.com
  • Crypto Sportsbooks: the Safest Gambling Payment Method?

    Crypto Sportsbooks: the Safest Gambling Payment Method?

    A growing number of sportsbooks are now accepting Bitcoin as a form of payment, thanks to Bitcoin’s meteoric rise in popularity and importance. As a result, how can you know which ones are safe and will not abruptly shut down, stealing your Bitcoins? The functions of the finest and safest Bitcoin sportsbooks will be discussed in this post.

    Some of the Benefits of Using Reputable Bitcoin Sportsbooks

    You face the danger of transferring money or coins to criminals if you don’t do your homework before selecting a Bitcoin betting site. The financing, payments, and withdrawals of many sportsbooks may be unstable, and hundreds of online sportsbooks have gone bankrupt and insolvent in the past (which was one of the motivating factors). You should use a safe Bitcoin sportsbook for many reasons and this is only one of them.

    Fortunately, we’ve done the legwork for you and found reliable bitcoin betting sites you can use today. They all have a lengthy reputation for trustworthiness and excellent customer service. In light of their solid reputations, we feel comfortable recommending these sportsbooks as secure havens for your cash and Bitcoin.

    Betting Options Expanded and the Odds Improved

    Due to the lack of knowledge and history of established sportsbooks, Bitcoin-only sportsbooks do not provide bettors with the same bets and odds as regular sportsbooks. There aren’t as many betting alternatives for sporting events at Bitcoin-only sportsbooks, and the lines they do provide aren’t as interesting. These bookies don’t offer lines for lesser-known leagues and sports.

    When it comes to a large variety of multiple bets, other bets, live bets, and sharper odds, a conventional sportsbook with its skilled oddsmakers is by far your best bet choice. We suggest sportsbooks that have integrated Bitcoin rather than exclusively focused on Bitcoin since expertise is the only replacement for full-service betting choices.

    Nothing to Worry About in Terms of Your Money

    The question “Is Bitcoin a gamble?” is frequently posed by our readers, yet the blockchain itself answers that issue. Crypto’s degree of security is pre-installed in the system. At the time of deposit, the sportsbooks we suggest will convert your BTC into USD; at the time of withdrawal, they will change your USD back to BTC. You’re not only safe from the volatility of Bitcoin, but you’re also safe from any Bitcoin hacker who could try to break into your sportsbook.

    Everyone has heard the tales of Bitcoin exchanges being hacked and losing their customers’ money. Using a “hot wallet” (one that is accessible through the internet), hackers may be able to access all of your Bitcoin and drain your wallet’s assets. When it comes to wallets, Bitcoin’s security isn’t guaranteed. There’s no way to know if a Bitcoin-only sportsbook is protecting your funds properly; even with the greatest of intentions, incorrect storage may be fatal. There’s a chance you may lose all of your Bitcoin if a Bitcoin-only sportsbook is hacked.

    With a regular sportsbook, your money is completely secure when you bet on Bitcoin and they convert it to dollars. A hacker would have nothing to work with here. Traditional, full-service sportsbooks are your best bet if you’re concerned about security. Don’t try to predict the outcome of your sports bets.

    Customer Support That Is Second to None

    The customer support departments of the sportsbooks we examine are top-notch. Traditional sportsbooks provide a variety of ways to get in touch with customer care, including email, phone, and live chat. Bitcoin-only sportsbooks do not have the same level of full-service customer support due to their small size and relative youth. Additionally, their response times are frequently delayed. If you’re looking for fast customer service, stick with a traditional sportsbook that accepts Bitcoin.

    Highest Standards of Accountability and Payouts in Record Time

    Withdrawal timeframes are a major selling point for traditional sportsbooks, and they may be held accountable if they don’t follow these strict criteria. When it comes to new Bitcoin-only sportsbooks, swift payouts aren’t always the norm. Unlike traditional books, their finance and customer service divisions aren’t as completely established, well-rounded, and fully staffed. As a result, withdrawals are subject to frequent and anticipated delays.

    Benefits of Using Bitcoin for Sports Betting

    Creating a Bitcoin wallet is as simple as signing up for a sportsbook and placing bets on your favorite sports. If you’re going to purchase or sell something, you’ll need a username, a password, and funds. When it comes to utilizing Amazon or eBay, it’s no different.

    Instead of tangible products, you’re exchanging money. You can use Bitcoin to wager after you have a digital wallet, which you can link to a bank account or credit card. Note that bookmakers typically reward customers who utilize Bitcoin because it can be sent rapidly and in big amounts.

    Final Thoughts

    Bitcoin is a great choice if you value efficiency. Multiple individuals verify each transaction on the blockchain, and bookmakers are eager to take Bitcoin bets because of this.

    Credit cards and wire transfers take time and might be limited if you get a last-minute tip on a game and want to bet a lot of money. In comparison to other payment methods, Bitcoin payments are speedier and do not have any restrictions. To be a successful sports bettor, you must be able to take advantage of opportunities when they arise.

  • Dubai To Be the Web 3 & Metaverse Capital of The World

    Dubai To Be the Web 3 & Metaverse Capital of The World

    The tech investment world has grown rapidly in the last 20 years since the dot com boom. Investors have gone from investing into micro chip manufacturing companies to internet marketplaces such as Amazon and eBay. And even though investors understand the rapid changes & growth of the tech world, they have been having a hard time investing into the Web 3.0 (Crypto, Blockchain, etc.) & Metaverse world. However, this all changed when Mark Zuckerberg announced that Meta is building the Metaverse.

    The Metaverse concept coming to reality helped investors understand how the world will shift from a Web 2.0 world which runs on a centralised internet to a Web 3.0 world that works seamless in a decentralized fashion. Moreover, this allowed investors to see that the value crypto brings is not just about tokens that go up and down in price but that crypto is about a peer-to-peer transaction system that is fast and connected to all aspects of Web 3.0 and the Metaverse. And this is how tech will evolve and be pushed to the next level. And since then, governments around the world have announced billions of dollars in funding for Metaverse and Web 3.0 development.

    #dubai #metaversestrategy #linkedin #uae #metaverse

    In fact, the Dubai government aims to create 40,000 jobs in the Metaverse over the next 5 years as well as add $4 Billion into the economy through Metaverse and Web 3.0 development. And it’s for this reason that a summit such as METAVSUMMIT exists. METAVSUMMIT helps bring the top Web 3.0 and Metaverse companies from over 20 countries to meet investors and strategic partners in Dubai. With the help of Title Sponsor www.CyCoin.com, which is one of the largest Web 3.0 eco system projects with their own Metaverse, METAVSUMMIT will bring together hundreds of founders and engineers from the Metaverse and Web 3.0 world to showcase their companies and innovations in Dubai on Sept 14th to 15th 2022.

    METAVSUMMIT continues to focus on making sure that Dubai & GCC investors and strategic partners are being educated to maximum capacity on Web 3.0 and Metaverse developments. And the event will continue to push for this mission as the belief in a Web 3.0 decentralized world is strong and much needed for humanity to progress without borders.

    To learn more about METAVSUMMIT, please visit: www.metavsummit.com

    To contact METAVSUMMIT, kindly email info@metavsummit.com

  • Uniswap Looking to Expand Its NFT Market Footprint, Aiming to Solve “Liquidity Fragmentation”

    Uniswap Looking to Expand Its NFT Market Footprint, Aiming to Solve “Liquidity Fragmentation”

    Uniswap (UNI) decentralized exchange (DEX) image cover

    Uniswap, the largest decentralized exchange (DEX) in terms of trading volume, is apparently gearing up to become a more prominent player in the non-fungible token sector. According to the company’s head of NFT products Scott Lewis, Uniswap is “in talks” with 7 NFT lending protocols to solve for liquidity fragmentation in the space.

    Key takeaways:

    • Lewis’ announcement comes roughly a month after Uniswap announced the integration of Sudoswap, an NFT marketplace that allows investors to buy, sell and trade digital collectibles with no intermediary.
    • In a tweet published on Tuesday, Uniswap’s NFT product lead wrote that the company would be working with each of the 7 lending protocols to “solve for liquidity fragmentation and information asymmetry.”
    • A number of NFT trading lending protocols replied to the tweet – Banksea Finance, for instance, wrote they are “happy” about Uniswap taking on the role of an interface for NFT liquidity. 
    • Unsiwap’s first foray into the NFT space dates back to 2019, when the company launched Unisocks, the first iteration of NFT liquidity pools. Uniswap’s increased focus on NFTs comes at a time when more and more decentralized finance (DeFi) products and services utilize NFTs for various purposes.
    • After an explosive 2021, digital collectibles trading volume plunged this year, especially in the second quarter. According to The Block Research, investors traded $12.22 billion wroth of NFTs in Q2 2022, down from $33.88 billion in Q1 2022.