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  • Top 3 Coins to Watch – Week 49

    Top 3 Coins to Watch – Week 49

    As we move through the final month of the year, a number of projects are moving ahead with continued development, and this week’s choices are set to benefit from significant updates and announcements that should strengthen their market positions and benefit their communities. The news should also result in increased amounts of attention to each respective currency over the coming weeks.      

    3.  Algorand (ALGO)

    Algorand is a blockchain built with the purpose of creating a scalable cryptocurrency that facilitates efficient and safe value exchange. Algorand facilitates fast transactions, performance simplicity and adoption and was founded by cryptography expert and MIT professor Silvio Micali. The project uses a unique consensus mechanism called Pure Proof-of-Stake (PPOS) in an attempt to address the main problems faced by Proof-of-Work and existing Proof-of-Stake mechanisms.

    Why Algorand? European Blockchain Convention on December 13  

    The European Blockchain Convention takes place over December 13 to 16 and brings together some of Europe’s top blockchain and crypto experts. Sean Lee, CEO of the Algorand Foundation will present at the virtual conference that will also include presentations from members of the European Parliament and European Commission as well as representatives from multinationals including Telefonica and Carrefour as banks such as Banco Santander and Société Générale. The conference is one of the most influential blockchain events in Europe and could play host to significant announcements from Algorand which continues to do well with attracting institutional adoption. ALGO holders should keep an eye on developments and you can find out more about the European Blockchain Convention here. 

    2. Terra (LUNA) 

    LUNA is the second native token of the Terra protocol, developed by Terraform Labs, a South Korean based company that aims to offer an algorithmically-governed, seigniorage share style stablecoin platform called Terra. Users have the option to bond Luna tokens and generate rewards for the elevator and validator it is bonded to, and is considered the same as staking.

    Why Terra? LUNA Approaching New ATHs         

    After recently completing the Columbus 5 upgrades and the Orion Money ORION token airdrops for LUNA stakers and Orion Money validator delegators, LUNA continues to perform strongly. One of the key features of Columbus 5 was the introduction of a LUNA burn function in relation to network activity. As home to both LUNA and the UST stablecoin, the Terra network has been able to withstand the recent market dip and go on to record new all time high prices. With a collection of new DeFi projects set to launch and various opportunities for LUNA holders to earn more LUNA via staking, farming, and providing liquidity across the Terra ecosystem, LUNA may break new all time prices this week. 

    1. Bitcoin (BTC) 

    Bitcoin (BTC) is regarded as the world’s first decentralized digital currency, and was created in 2009 by a mystical figure named Satoshi Nakamoto. Bitcoin is a deflationary currency whose issuance is capped at a total supply of 21 million coins. Bitcoin is the most popular cryptocurrency and is traded on various exchanges and is also used in peer to peer transactions. 

    Why Bitcoin? All Eyes on Bitcoin This Week       

    Bitcoin drew a lot of attention recently due to recent Taproot upgrade in November which was the first major Bitcoin upgrade since Segregated Witness (SegWit) in August 2017. However, the flash crash just days ago saw Bitcoin suddenly lose over $10k in value and fall from over $57k to around $47k in just hours. The price drop led to a flood of liquidations as the total market cap fell from $2.7T to 2.2T, wiping out $500B in value from the market. As a result, all eyes will be on the price of Bitcoin this week with a number of key analysts highlighting the importance of the $50,000 price mark as Bitcoin and the rest of the market look to stabilise and maintain a positive trend once again.  

    How did the coins perform last week?  

    The seven day period generally led to negative results across the market; and EFI fell by 34.50% and is currently trading at around $1.24. ADA fell by 7.47% and is currently trading at $1.34, and BNB fell by 4.14% over the week, and is currently trading at $555.65. Over the course of the week, the market moved from an overall valuation of $2.51T to $2.30T, a drop of 8.36%.

  • WIN NFT HORSE TRON Will Launch Open Beta Test on 6th December

    WIN NFT HORSE TRON Will Launch Open Beta Test on 6th December

    Singapore, Singapore, 5th December, 2021,

    After six months of active development, the team behind WIN NFT HORSE, one of the hottest GameFi projects in the market, has announced that they will officially launch the open beta test on December 6, 2021, on the TRON network. 

    WIN NFT HORSE is a “GameFi NFT Metaverse” multi-chain horse racing game jointly developed by the APENFT Foundation and WINKLink, powered by TRON. The game runs on both Ethereum and Binance Smart Chain (BSC), as well as being the first-ever GameFi project launched on the TRON blockchain. 

    After the close beta test on the TRON network on November 18, all data was erased. As a result, only the original horses (NFT) have been retained. This upcoming version on TRON will save the player data, allowing players to fight for incentives and experience the joy of the game.

    WIN NFT HORSE is a high-quality horse racing game that offers plenty of entertainment and rich battle gameplay built over eight different levels and has impressive visual effects, with precise details of both the riders and horses. Players can complete daily tasks and match through a single horse or match different levels of horses to create unlimited combinations and use their strategy to play against other players. With downloads supported on all platforms, WIN NFT HORSE allows all GameFi fans to join in whenever and wherever they want without the limitation of mobile phones. 

    “WIN NFT HORSE has always been committed to exploring new GameFi ideas, leading the new wave of “play to earn” while transforming the traditional game world,” said Lam Wang, Project Lead at WIN NFT HORSE. “We believe that blockchain games have a bright future and hope to introduce GameFi technology to a larger segment of the market while giving players enough incentive to engage and benefit in the process through WIN NFT HORSE.”

    The WIN NFT HORSE team is also running an airdrop event for TRX & NFT holders; the entry date has now been extended until December 6, 2021. For more information on rules and how to enter, visit our Medium. 

    Follow us:

    Website: https://www.winnfthorse.io/

    Twitter: https://twitter.com/WINNFTHORSE

    Telegram: http://t.me/WINNFTHORSE

    Discord: https://discord.gg/fFxCPMxFKa

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

    Contacts
    • Billy Chen
    • contact@apenft.org, hi@wink.org
  • Dogs on Solana: Doge Capital Announces Doge NFT Staking Program. Users can Earn $DAWG Daily

    Dogs on Solana: Doge Capital Announces Doge NFT Staking Program. Users can Earn $DAWG Daily

    Guwahati, India, 4th December, 2021, Chainwire

    When the world is fixated on Apes, whales and other NFTs, the most famous of all memes, the one that started a whole new revolution within cryptocurrencies, remains largely ignored. Doge Capital’s exclusive NFTs tackle this issue and at the same time, allow for its NFT holders a whole new income stream through its staking program that offers daily $DAWG tokens as a reward.

    Woof Club

    Doge Capital has made a limited quantity of the NFTs, each is a cute pixel art (24×24 pixel) that belongs to the exclusive 5,000 NFT collection. To join the Doge Capital Woof Club, a user must hold at least one of these NFTs. Each NFT and its art representation is ensured to be unique through the use of generative coding, where a computer program creates random variations, making each piece one of a kind.

    While the NFTs will be making their own worth in the NFT sphere, there is a lot more to it than just an increase in value. Doge Capital is offering a staking program in which these NFTs can be put to good use. Staking will lead to a consistent income stream through the release of Doge Capital’s utility token, the $DAWG. Apart from this, the Doge Capital platform will also be backing its users through the procurement of other NFTs. Every NFT acquired by Doge Capital will be put in the WoofBank, a community wallet. Since users will be holding Doge NFTs and $DAWG, they will be the true owner of the bank.

    How to Stake to earn $DAWG

    $DAWG, the utility token of the platform, is more than just a digital asset. Already listed on Raydium and Dexlab, the token is liquidable and hence, a perfect source of earning for Doge Capital users. While users can go to the exchanges and buy the $DAWG token, they can also invest in Doge Capital NFTs and its additional airdrops, and stake these to earn free tokens.

    When staking is live, users can head over to the staking section on the Doge Capital website and decide which Doge NFT they would like to commit. 1 Doge NFT staked means 5 $DAWG token reward per day, while an airdropped NFT will mean 1 $DAWG per day.

    It is advisable to stake both as claiming the rewards requires a user to have both committed. Once the stake is farmed, 1 airdropped NFT will be burnt (the Doge NFT will remain unaffected). This will encourage users to stake for longer periods and bring about stability to the $DAWG token.Doge Capital will continue to drop supplementary NFTs so that airdropped NFTs are available for users to burn should they want to claim their rewards multiple times.

    The $DAWG Tokenomics

    Total Supply : 30 Million

    Circulating Supply : 1.5 Million (Circulating Supply will remain the same until staking is live)

    The distribution of 30 Million tokens is as follows :

    1% – Airdrop to Doge Capital holders who have delisted their Doges from marketplaces

    5% – Initial liquidity on Raydium

    10% – Reserve Liquidity (Liquidity to be added to the pool in the future)

    10% – Team & Advisors (This will be distributed monthly over 20 month. Therefore, distribution per month is just 0.5%)

    14% – Marketing

    60% – Staking Rewards

    About Doge Capital

    Doge Capital believes in the power of the people and the WoofDAO is built just for that. The DAO will let users decide as a community on the way forward. For example, should the users like to liquidate NFTs in the WoofBank or distribute it amongst themselves? The decision is to be made by them. $DAWG offers exclusive access to future Doge Capital activities and events, including limited merchandise. The token acts as a medium of exchange within the Doge Capital ecosystem and will be the only way to pay for the different services and products offered. 

    For more information about Doge Capital, visit their website,Follow Doge Capital on Twitter and Join their Discord Channel 

    About the Team

    Dogefather – Lead Developer:

    Twitter : https://twitter.com/thecryptofunnel

    Instagram : https://www.instagram.com/cryptofunnel/

    GomuGomuNo – Marketing :

    Twitter : https://twitter.com/thecryptohike

    Instagram : https://www.instagram.com/cryptohike/

    Thiccdoge – Art:

    Twitter : https://twitter.com/Thethicdoge 

    Doge Capital is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest.
     

    Contacts

    Co-Founder

    • Kishore Rabha
    • Doge Capital
    • careanlewis@gmail.com
  • Hackers Stole $120 Million Worth of BTC and ETH in Attack on DeFi Protocol BadgerDAO

    Hackers Stole $120 Million Worth of BTC and ETH in Attack on DeFi Protocol BadgerDAO

    Key takeaways:

    • An exploit in decentralized protocol BadgerDAO’s website allowed attackers to steal more than $120 million worth of crypto assets
    • The investigation into the perpetrators is ongoing; members of the BadgerDAO team believe someone inserted malicious code into their website
    • Several BadgerDAO users took to Twitter to voice their frustration with BadgerDAO

    BadgerDAO, a decentralized finance (DeFi) protocol that specializes in bringing Bitcoin (BTC) to DeFi, was a victim of a hacking attack that siphoned $120 million worth of digital assets from numerous cryptocurrency wallets connected to the platform.

    Hackers made away with more than $120 million worth of Bitcoin and Ethereum

    PechShiled, a blockchain security and data analytics company working with the BadgerDAO team to recover stolen crypto funds reported that roughly 2,100 BTC and 151 ETH, collectively worth $120.3 million, were siphoned in the attack.

    BadgerDAO security team noticed a series of unauthorized withdrawals from the platform’s system on December 2 at 11:30 p.m. (EST). In response, the company immediately put all smart contract functionality on hold to prevent further unauthorized withdrawals of users’ funds from taking place.

    At the moment, the investigation into the attack has born no tangible leads into the attackers’ identities. All that is known at the moment is the amount of funds that have been stolen and cryptocurrency wallets that were hit.

    Several users that saw their funds disappear in the attack were obviously furious about the whole ordeal. One user wrote:

    “I thought this shit was decentralized? Wtf? I have over 2.2 million dollars in badgers? Now no remove funds? Wtf? I have my entire@life savings a in badger coins wtf. Now no remove? Wtf?”

    Another user shared his horror story in the Twitter thread:

    “I’m feeling sick. Nearly 200k vanished. Please don’t let this be true!!”

    The BadgerDAO team believes that the attack was made possible by a malicious script that the perpetrators put into the UI of the protocol’s website that intercepted user funds and sent them to attacker’s digital wallet. The company is reportedly running its own investigation, as well as “cooperating fully with external investigations.”

    We can only hope that the attack on BadgerDAO turns out to be a white hack attack as was the case earlier in the year when an anonymous hacker stole record-breaking $612 million worth of crypto assets in a Poly Network exploit but later returned the funds in full.

  • Promising Cardano-based DEX Joins the Race: Do.Exchange (DOEX) to hold a Public sale on KICK.IO

    Promising Cardano-based DEX Joins the Race: Do.Exchange (DOEX) to hold a Public sale on KICK.IO

    Cardano is the blockchain of the future, there’s no doubt about it. Nevertheless, to foster that future we have to build the infrastructure around it. Cardano-exclusive decentralized exchanges (DEXs) are thus critical for the future of decentralized finance.

    That’s why we’re immensely proud that Do.Exchange (DOEX), a Cardano-based DEX with an Automatic Market Making protocol, has chosen KICK.IO launchpad for its public sale. By making use of self-enforcing smart contracts, DOEX will facilitate trustless and efficient financial transactions between market participants, and provide the much-needed liquidity within the Cardano ecosystem. The DOEX Team said the following about the project:

    “Our vision is to become the first Cardano-based DEX, ensuring interoperability across chains and allowing for the seamless swap of tokens both on the Cardano blockchain and other ones like Ethereum via a fool-proof bridge or converter. This is part of our extended vision of laying a solid background for extended business and expansion opportunities. Our long-term objective is to be the one-stop shop for DeFi services on the Cardano blockchain, including, but not limited to, staking and asset management.” 

    Unlike most DEXs, DOEX’s aim is to create a truly decentralized, community-driven protocol, where all token holders have voting rights, are able to guide the platform changes, and where users are empowered to fully utilise the immense utility of the DOEX token.

    Uses of DOEX Token

    • Ability to cast votes and participate in the governance of the platform

    • Incentivization of platform members

    • Payment of fees such as Swap fees and slippage fees

    • Participation in Liquidity Pool

    • Payment of reward to Liquidity Providers

    After an enormously successful initial funding round, DOEX is planning a substantial expansion in the near future and is seeking strategic partnerships with key institutional stakeholders, established blockchain projects to facilitate mass adoption, and looking for long-term investors.

    Twitter | Telegram | Discord | Website

    For a limited time, Do.Exchange welcomes inquiries from institutional investors who wish to take part in the initial private sale. For a chance to participate in the private sale, please contact sales@do.exchange.

    Public Sale on KICK.IO

    The DOEX public sale on the KICK.IO Launchpad is scheduled to begin on December 6, 12:00 pm, GMT+02:00. From preliminary projections, it is anticipated to be widely oversubscribed.

    Available Supply: 23,800,000 DOEX (17% of Total Supply)

    Price: $0.11 USD

    About KICK.IO

    KICK.IO is a Cardano-based fundraising platform and project accelerator, designed to provide transparent, efficient, and fully decentralized crowdfunding services. KICK.IO is set to mature into a cornerstone of the new Cardano-dominated DeFi landscape, becoming the place where Cardano’s extensive community can come together to fund projects characterised by the immense potential for future success.

    Our next-generation decentralized launchpad will be built according to the best DeFi industry practices, ensuring real-time settlement, top-notch security, interoperability, true decentralization, zero counterparty risk, while also being fully scalable to meet the needs of institutional investors. Unlike our competitors, we offer full support of Cardano native tokens and a suite of advanced DeFi tools that upcoming projects need to thrive and prosper.

    Twitter | Telegram | Medium | Website

  • Binance Coin (BNB) Burning Mechanism is Live on Binance Smart Chain (BSC)

    Binance Coin (BNB) Burning Mechanism is Live on Binance Smart Chain (BSC)

    Ethereum (ETH) is no longer the only major coin with built-in gas fee burning mechanics. The latest update to Binance Smart Chain (BSC), the so-called Bruno hard fork, introduced a real-time Binance Coin (BNB) burning mechanism, similar to Ethereum’s own fee burning mechanics launched as a part of the London hard fork in August.

    Key takeaways:

    • The activation of the BNB burning feature was announced on BSC’s Twitter channel on Wednesday. The company explained, “Each block will burn a fixed ratio of the gas fee collected by the validators in each block,” and added that the burning ratio is currently set at 10% but could be adjusted later on via a governance vote.
    • The burning model was lanced via Binance Evolution Protocol BEP-95 and first executed at block number 13,082,000.
    • The implementation of BEP-95 will reduce the supply of BNB and act as a deflationary tool that will likely push the value of BNB higher, in the same way that ETH burning drove the value of the world’s second-largest crypto to its historic highs.
    • In the last week of November, ETH reached a significant milestone of 1 million tokens, worth more than $400 billion at current market rates, having already been destroyed thanks to the EIP-1599 burning mechanics. 
    • BNB burning differs from ETH in the way network fees are processed. While all of ETH’s gas fees are sent to the burn pool, some of BSC’s fees are still distributed to the network’s validators.
    • The real-time burning mechanism is not the only approach to decreasing BNB supply. Binance also performs scheduled BNB quarterly burns, with the intention of removing all of the exchanges’ BNB from circulation and reducing BNB’s total supply to 100 million coins.
    • The last quarterly burn was completed days before BEP-95 was first announced. The 17th quarterly burn forever removed 1,335,888 BNB (equivalent to $639,462,868 at corresponding market rates) from circulation.
    • The price of BNB reached $648 on the day Bruno update rolled out and came within 6% of its all-time price peak from May.
    • For more information about the latest BSC upgrade, you can check our Binance Coin section from our latest Coins to Watch article.
  • WallStreetNinja launches Alpha release ahead of ILO

    WallStreetNinja launches Alpha release ahead of ILO

    New York, USA, 3rd December, 2021, Chainwire

    There has never been a better time to launch WallStreetNinja, as the crypto markets roar and decentralized ecosystem’s begin to accelerate toward full mainstream adoption.

    A fully decentralized solution, Unstoppable Ecosystem is required to propel the movement forward into a web browser-based experience free from unnecessary browser extensions and smartphone wallet apps.

    WallStreetNinja “the Unstoppable Ecosystem” (aka WSN) will provide the very needed solution that is web based, fully decentralized, multi-chain, swap, dApp browser and completely non-custodial, with a single sign-on facility via Dfinity’s Internet Identity.

    WallStreetNinja successfully deployed the Alpha release of their groundbreaking technology on the 2nd of Dec 2021, marking a new beginning in the Decentralized Ecosystem sphere.

    With a successful initial product launch under their belt, WallStreetNinja head towards their much anticipated Initial Liquidity Offering (ILO), held on the Unicrypt platform closing 7th of Dec 2021.

    Projects will soon be able to offer their decentralized users, Unstoppable access via the WallStreetNinja Ecosystem. Projects operating within the decentralized ecosystems are urged to make contact with the WSN team to have their projects whitelisted within the ecosystems wallet, swap feature and dapps section.

    WallStreetNinja has already been backed and endorsed by high profile industry players including Darkpool Ventures, Midas Touch Consulting and CoinNexus. Such relationships not only provide capital, but add value in the way of advice from subject matter experts in the field of technology, financial markets and cryptocurrency.

    The team at WallStreetNinja stated that “we are happy to announce the successful deployment of the product Alpha, which sets the foundation for further development and are excited about our upcoming Initial Liquidity Offering (ILO) on the Unicrypt platform, which will put into motion the token economy of the WallStreetNinja Ecosystem”.

    Movement is starting to build for WallStreetNinja as it pioneers the Unstoppable sector of decentralized ecosystems alongside technologies such as Pocket Network, Internet Computer, StackOS, ENS and Brave.

    About WallStreetNinja

    WallStreetNinja (WSN) provides users simplified access to a decentralized ecosystem’s chain of their choice from a single web app. WSN is taking the self custody wallet segment to the next level through decentralized computing and blockchain relays.
    Follow WallStreetNinja’s developments on: Website
    Telegram Announcement | Telegram Chat | Twitter | Gitbook

    Contacts
    • WSN H
    • hello@ws.ninja
  • Cadalabs Launch The First Metaverse on Cardano With Virtual Lands & Tokens Available For Sale

    Cadalabs Launch The First Metaverse on Cardano With Virtual Lands & Tokens Available For Sale

    Cadalabs protocol has been making waving in crypto community since its inception on cardano network. Cadalabs protocol has a team of highly specialized and skilled developers who are always keen towards the growth of Cadalabs Ecosystem.

    Cadalabs is proud to the general public that its has successfully launched Cada Infinity which is the first Metaverse on cardno blockchain, This great milestone was achieved by Cadalabs team of developers. Cada Infinity Metaverse will support the Cadalabs gaming system, Cadalabs Virtual lands, Real estate and so on.

    Cadalabs Metaverse will support the following below:

    1. INTEROPERABILITY – this will anyone to build smart contracts and deploy them to our Metaverse chain. Smart contracts will be compatible through the provided support for Solidity as well as for anything that compiles to EVM bytecode.

    2. SCALABILITY – Cadalabs Metaverse system will utilizes the Substrate modular framework for higher scalability, long term expansion and support to connect decentralized applications, services and allow other independent blockchains to connect, exchange information and transactions at a lower cost.

    3. VIRTUAL LIFE – Cadalabs Metaverse also will incorporate other aspects of online life such as shopping, buying of virtual lands, video games and social media.

    About Cadalabs

    CADALABS is a community-driven NFT DeFi platform building a NFT Minting Dapp on the Cardano Network to enable digital artwork collectors mint their works as NFTs and connect them to sellers to trade seamlessly in the future. CADALAB team developed its utility token dubbed $CALA Token, which enables the community to take part in governance issues. Besides, by holding the CALA token, users can moderate creators, vote on proposals, stake their tokens to earn and curate featured artwork. CADALAB protocol seeks to further venture into the non-fungible token industry and in the process help digital content creators, artists and art collectors meet on a digital platform.

    Early builders on Cadalabs virtual lands, are investing in digital pieces of land in virtual worlds to showcase their work and build dedicated communities around it.

    Cadalabs allocated 2000 plots of land for sale, as well as Cadalabs innovative metaverse means that, in addition to being able to build and landscape your plot of land in virtual reality, your plot also grants you other utilities including governance rights and the ability to commercialize your plot. What’s more, land owners will be rewarded a share of ALL revenue generated from the Cadalabs Marketplace. This forms part of Cadalabs“play to earn” initiative, which provides land owners with an interactive role in the ecosystem.

    Cadalabs allocated 2000 plots of virtual lands which  will be sold to early buyers at 300 ADA for each plot.

    All Cadalabs  Virtual land Owners will be able to claim,  mint their items and receive their NFT’s to their wallets. Cadalabs Virtual as well comes with many more bonus items to be used within the metaverse.

    PURCHASE CADALABS VIRTUAL LANDS

    CALA Token third phase sale is still on going for interested investors who which to participate in CALA Tokens Pre sale who exercise.

    PURCHASE CALA TOKENS

    Cadalabs Social links

    Twitter: twitter.com/Cadalabprotocol

    Telegram Group: https://t.me/cadalabscommunity

    Medium: https://Cadalabs.medium.com

  • The World’s First Crypto Index Fund Turns 4

    The World’s First Crypto Index Fund Turns 4

    Crypto20, the world’s first tokenized cryptocurrency index fund, has officially been operational for 4 years. We’re incredibly grateful for the calibre of investors who have joined us on our journey and are eager  to continue to deliver access to democratized financial products that are efficient and affordable to people around the globe, regardless of socioeconomic status.

    The nascent 2017 crypto market was notably different to today’s market and C20 has proven its ability to track the market with its weekly rebalancing and maximum asset cap of 10% rulesets, which were developed using extensive backtesting and data science.

    A tokenized crypto index that provides investors exposure to the top 20 cryptoassets by market capitalization, C20’s underlying assets have also changed drastically. From Dash and Monero to now Solana and Uniswap, many of C20’s components have changed over time  — an accurate representation of the dynamic and innovative crypto industry. Through C20, investors achieve complete exposure to this rapidly evolving alternative asset class.

    The Invictus team is constantly looking for new ways to improve the risk-adjusted return profiles of its funds — essentially allowing investors to receive higher returns for the same (or lower) level of risk taken. In 2020 the team introduced operational efficiency improvements for C20 generating approximately $20 000 to $40 000 additional net monthly yield for the fund.

    C20 offers investors diversification, minimal costs, transparency, and the benefit of additional yield generation on the underlying assets which is managed by the experienced fund management team. With crypto on the cusp of extensive institutional adoption, investors are on the brink of exponential growth. The first listed US crypto ETF, with $1bn in trading volume on its first day, gave us a glimpse into the massive level of institutional interest in crypto. In turn, the outlook for the top cryptos and C20 looks optimistic.

    C20 provides investors an excellent opportunity to achieve exposure to the broad crypto market. Visit the website to learn more about how the fund works and the historical performance of the fund.