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  • Tech Platform JuicyFields Plans to Produce 75 Tons of Harvest in 2021

    Tech Platform JuicyFields Plans to Produce 75 Tons of Harvest in 2021

    Being a fast-paced company in the medicinal cannabis industry and the founder of a crowdgrowing (e-growing) business model, JuicyFields has broken many boundaries. JuicyFields has created a highly effective blockchain ecosystem in the industry without limiting itself to certain countries or territories while staying on the legal side. In fact, blockchain industries are showing huge growth in the last few years. 

    JuicyFields operates exclusively with high THC (over 12%) content cannabis which is strictly regulated by government authorities despite an array of favorable changes on the legislation level in different countries, including its removal from the 4th list of world’s most dangerous drugs by the United Nations on December 2nd, 2020. However, a positive trend of altering public opinion in favor of using psychoactive cannabis for medicinal purposes continues its development in 2021, as witnessed in countries like Belize, Mexico, Costa Rica, and others. All these together create a firm foundation for the development of the crowdgrowing business. 

    The essence of this business model is the possibility to scale volumes without any limitations by choosing licensed partners, supporting them with all the necessary resources (funds, education, mentoring, quality assurance standards), and assisting them in sales distribution of the end-customer product. 

    This way, all parties, including the e-growers (actual platform users), the platform itself, cultivating partners, investors and sales distributors, win and keep reinvesting in the crowdgrowing business.

    The results achieved in the third quarter of 2021 are impressive for the company that launched the JuicyFields.io platform in 2019 and introduced a brand-new concept of e-growing to the industry:

    • 135,000 users on the platform; 
    • agreements for cultivating medicinal cannabis plants at the licensed partners’ facilities exceeding 56,000 sqm;
    • 37 tons of medicinal cannabis cultivated on site.

    The European market is a primary focus for JuicyFields, for which the company accumulates its resources on a global scale to provide the finest medicinal cannabis products. 

    The geography of JuicyFields includes but is not limited to such EU countries as Portugal, Germany, Netherlands, Switzerland, Denmark, Spain, and the following countries of Latin America and Africa — Mexico, Colombia, Costa Rica, South Africa.

    JuicyFields’ partner facilities — TERRA CANN in Colombia are now progressing to new levels to construct the 10,000 m2 automated greenhouses and 1,000 m2 laboratory. The new facility aims to help the local Colombian farmers who lack production sites and technological advancement to process their products and sell them to African, European, and other markets.

    Several letters of intent (LOI) for THC oil and dried flowers have already been signed between TERRA CANN and distributors with the possibility to increase the volumes in multiple progressions. 

    Besides, JuicyFields branded products are already available at ‘The Greenside’ classy cannaporiums and club venues in South Africa. 

    Furthermore, the dried and processed cannabis flowers at the Portuguese partner’s facility — Sabores Púrpura, with strict compliance of EU GMP, are being distributed within the European market. At the same time, the partner is getting ready to launch its own production lines with a full cycle.  

    One of the first and young startup projects that JuicyFields supported was Cannabis International in Denmark. It has displayed credibility right from the initial development stage. Therefore, a fresh round of investments is now intended to build a new modern greenhouse to produce branded products and premium quality dried flowers in 2022.

    Apart from the facilities mentioned above, the new ones are expected to be launched soon in Costa Rica and Mexico. Meanwhile, the existing facilities and plantations are expected to produce 75 tons of harvest by the end of 2021.

    On a final note, the emerging blockchain platform JuicyFields has evidently managed one of the seemingly impossible things in this highly regulated industry in the world! The company was able to remove geographical barriers by presenting people with a legal and simple possibility to support the medicinal cannabis movement, regardless of their place of origin.

  • The Top 5 Best Coins for Crypto Betting

    The Top 5 Best Coins for Crypto Betting

    Thanks to the strong performance of cryptocurrencies in the market (Bitcoin alone is up over 300% in the last year), the number of people that own crypto has seen a sharp increase. And while many cryptocurrency owners are happy with just passively HODLing their coins, others are looking to actively use the technology and experience its unique advantages. Cryptocurrencies enable 24/7 transactions anywhere in the world, typically at much faster speeds and lower costs than using traditional banking and remittance services.

    The top 5 coins for crypto betting

    Thanks to these benefits, cryptocurrency is also being adopted quickly in the world of betting. These crypto bookmakers all accept Bitcoin, but many of them also support other popular cryptocurrencies to give customers a wider range of options. In this article, we’ll be taking a look at the top 5 cryptocurrencies that are supported by the best crypto bookmakers and highlight some of their most important advantages and disadvantages.

    1. Bitcoin

    Bitcoin was the first ever cryptocurrency and remains the most valuable and widely adopted coin on the market today. Accordingly, practically every bookmaker that accepts crypto offers Bitcoin as one of the available payment options, and some bookmakers are even Bitcoin-exclusive.

    Bitcoin is almost certainly the safest cryptocurrency to use – the network is secured by a huge network of miners, making it almost impossible for transactions to be tampered with. If you don’t mind waiting a bit longer for your deposit to be credited, Bitcoin is definitely a solid choice. When using Bitcoin on crypto betting platforms, keep in mind that many crypto bookmakers use the mBTC denomination, which means one-thousandth of a BTC. 1 mBTC is the same as saying 0.001 BTC.

    Bitcoin pros:

    • Accepted by almost all crypto bookmakers
    • Easy to buy on almost any cryptocurrency exchange
    • A lot of wallet options
    • Extremely secure

    Bitcoin cons:

    • Transactions are relatively slow and expensive

    2. Ethereum

    Ethereum has been gaining huge momentum recently thanks to its smart contract capabilities. While Bitcoin is laser-focused on simple peer-to-peer transactions, Ethereum expands on the idea of cryptocurrencies and allows anyone to create intricate decentralized applications that function directly on the blockchain. People who enjoy betting can also access prediction markets on the Ethereum blockchain, if they want a firsthand experience of how decentralized applications work.

    Since Ethereum is the world’s second largest cryptocurrency, it’s also accepted by a huge number of crypto bookmakers. While ETH transactions are faster than BTC transactions, they can unfortunately sometimes also be more expensive. When a new DeFi application or NFT collection generates a lot of hype, the Ethereum network can get clogged up fairly easily, leading to a rise in transaction costs. Things are likely to improve in the future though, as the ongoing transition to Ethereum 2.0 is poised to solve many of Ethereum’s current shortcomings.

    Ethereum pros:

    • Can also be used in decentralized applications, which includes prediction markets
    • Faster transactions than Bitcoin
    • Easy to purchase

    Ethereum cons:

    • Transaction fees can be very expensive when the network is congested
    • Compared to Bitcoin, Ethereum is supported by a slightly smaller number of crypto bookmakers

    3. Litecoin

    Litecoin is often explained with the following comparison – if Bitcoin is gold, then Litecoin is silver. That’s because Litecoin has a lot of similarities with Bitcoin, but has a leaner design and offers an overall smoother user experience. In comparison with Bitcoin, Litecoin has a 4x larger maximum supply, 4x faster block times, and a different cryptographic hash function – it uses Scrypt instead of Bitcoin’s SHA-256.

    As a result, transacting with Litecoin is cheaper and faster than using Bitcoin. If you already have experience with Bitcoin, you can get used to Litecoin very easily, thanks to the numerous similarities between the two cryptocurrencies. If you’re finding that your transaction fees are a bit too high for your liking, Litecoin is definitely a strong alternative to Bitcoin.

    Litecoin pros:

    • Faster and cheaper transactions
    • Easy to grasp for people who know how to use Bitcoin
    • Solid choice of different wallets, is available on most crypto exchanges

    Litecoin cons:

    • The security of the Litecoin network is not as bulletproof as with Bitcoin
    • Might not be accepted by every crypto bookmaker

    4. Tether (USDT)

    USDT is a stablecoin issued by the Tether company. While other cryptocurrencies we’ve covered in this list can show massive price swings in a very short time, USDT is designed to trade as close to $1 as possible at all times.

    This is because Tether ensures that 1 USDT can be converted into 1 USD, and keeps a reserve of funds to cover all the USDT tokens in circulation – at least in theory. In reality, the reserves backing USDT have been the subject of a lot of controversy. Regardless, USDT is still hugely popular in the cryptocurrency market and has mostly been successful at keeping its $1 peg.

    If you want to use a crypto bookmaker but want to avoid the volatility of Bitcoin and other cryptocurrencies, USDT is one of the best options to consider. In many cases, it’s the only stablecoin option supported by crypto betting platforms.

    Tether pros:

    • Listed on almost every cryptocurrency exchange
    • Available on different blockchain networks (check with your bookmaker about their supported USDT networks)
    • Minimal price volatility

    Tether cons:

    • Not decentralized
    • Users have to trust that the issuer will be able to maintain the $1 peg

    5. Dogecoin

    Dogecoin is a prime example of meme coins – these are cryptocurrencies that have some kind of humorous element, and are usually not taken as seriously by the community as Bitcoin and other similarly ambitious projects.

    However, this doesn’t mean that Bitcoin is just a joke. It currently has a market capitalization of over $40 billion and a highly dedicated community that promotes its adoption. Thanks to its popularity, Dogecoin has also made its way on many crypto betting platforms. Dogecoin’s main advantage is that its transactions are relatively fast and cheap, and you can also get your hands on some DOGE on practically every cryptocurrency exchange.

    Dogecoin pros:

    • One of the most popular cryptocurrencies in the world
    • Available on many crypto exchanges and betting platforms
    • Relatively fast and cheap transactions

    Dogecoin cons:

    • The price can be extremely volatile
    • Not as secure as Bitcoin or Ethereum

    Choose the coin that’s best for you

    Whether you’re sticking only to Bitcoin or also like to branch out into other cryptocurrencies, there’s a good chance that you’ll be able to find a solid crypto bookmaker that accepts your coin of choice. When choosing which cryptocurrency to use, it’s important to consider the trade-offs between speed, security and availability. An interesting option are also stablecoins like USDT, which allow you to avoid the price volatility risk that’s inherent in most of the popular cryptocurrencies.

  • Twitter Users Will Soon be Able to Send and Recieve Bitcoin Tips

    Twitter Users Will Soon be Able to Send and Recieve Bitcoin Tips

    Key takeaways:

    • App developer and notorious leaker Alessandro Paluzzi found evidence in the code of the latest beta version of Twitter’s iOS app that BTC support is on the way
    • Just a few hours after the leak, Paluzzi findings were confirmed by Twitter’s product lead Kayvon Beykpour
    • Bitcoin will soon be listed among the supported payments methods for Twitter’s new Tip Jar feature

    Twitter seems to be laying the groundwork necessary for the implementation of Bitcoin tips into its new feature called Tip Jar. Mobile app developer and researcher Alessandro Paluzzi was the first to notice that the code in the latest version of Twitter’s iOS beta app adds support for Bitcoin. Soon after Paluzzi shared his findings on social media, Twitter’s product leader Kayvon Beykpour confirmed that the social media giant will indeed be adding Bitcoin support in the near future.

    What is known about the latest Bitcoin feature?

    Bitcoin will join Paypal, Patreon, Venmo, Bandcamp and Cash App as one of the supported payment methods that will let users make use of the Tip Jap functionality. While the date when users will be able to send and receive Bitcoin tips is yet to be determined, there is some information that was made public that describes how the new feature will work. 

    Here’s what the text from the beta app says:

    “Bitcoin is the world’s first widely-adopted cryptocurrency. It’s a new kind of digital money that lets people securely and directly send money to each other on the internet. The Lightning Network is a technical innovation that allows for faster payments with lower fees than Bitcoin’s primary network. We use Strike to generate Bitcoin Lightning invoices so you’ll need to connect your account to accept Bitcoin tips.”

    Twitter will be using Strike’s service in order to take advantage of the lighting network benefits, such as faster transactions and lower transaction fees when compared to transactions made directly on the Bitcoin network. This means that in order to use the new feature, a Strike account will be required.

    Jack Dorsey’s Twitter and Square fully embrace Bitcoin

    The latest news about Twitter adding Bitcoin support was to be expected. During Twitter’s Q2 earnings call, CEO Jack Dorsey took the opportunity to make his intentions about integrating Bitcoin into his companies’ products and services public for the first time.

    In the letter to its shareholders, Square’s Cash App listed Bitcoin as one of the main reasons for the company’s successful second-quarter performance. Integration of the world’s largest cryptocurrency in the platform’s offering was reportedly an important aspect behind Cash App’s continued success. The company stated that it considers BTC an integral part of its ecosystem.  During the quarter Bitcoin drove a staggering $2.7 billion in gross revenue.

    Jack Dorsey has repeatedly made his support for Bitcoin known. For instance, Dorsey appeared alongside another famous tech CEO Elon Musk at the event hosted by B Word Conference, where the pair agreed that Bitcoin and cryptocurrencies, in general, are the only viable antidote to the currently predatory banking system.

    Buy/Sell BTC
  • Ethereum Network Congestion Has Crypto Gaming Casino Shut Down Temporarily

    Ethereum Network Congestion Has Crypto Gaming Casino Shut Down Temporarily

    If there was any doubt about how widely used Ethereum is in regards to online gambling, then that should all be eliminated following the news that was recently made public. Of course, Ethereum is one of the biggest cryptocurrencies to have become available over the last few years, with the coin likely to be the main challenge to Bitcoin, as both continue to show strong numbers in regards to trading prices.

    Although it is not as strong as its counterpart, Ethereum`s price is going to break past $3,000 this year. However, just like Bitcoin, the token is also extremely volatile and has had its moments where it has seen its value decrease. Nonetheless, it still remains popular for those who prefer crypto gambling in a cryptocurrency casino accepting Ether as a deposit or withdrawal method in their favourite games.

    Ethereum network congestion

    A few days ago KingTiger Casino highlighted that Ethereum has caused them a slight problem; albeit one that goes to show just how fashionable it is to use these days. According to a statement that has been provided by KingTiger Casino, the online operator had to temporarily close their platform due to congestion being suffered on the Ethereum network. This meant it was impossible for them to run their games and make them available to users wishing to use crypto.

    Now, whilst that would not have been ideal for business, there will be some suggestion that the incident shows just how widely used the token is and that there are a number of people turning to Ethereum for the crypto gambling experiences. Of course, there is an element of affordability to it, as the coin is only a fraction of the price of Bitcoin at the moment, but there is evidence that it is becoming just as mainstream as its counterpart. KingTiger are said to be currently looking for new solutions that will allow them to host a new range of features and games for their players, but they have continued to allow users to be able to access their digital wallets despite their services being temporarily down.

    Owned and operated by Funfair Technologies, the casino still allows users to create new wallets, as well, whilst those who own wallets already will be able to retain control over their assets as they confirmed in a statement that they can be kept where they are or they can be transferred to another ERC-20 address.

    Ethereum continues to gain attention

    Despite a number of problems that have recently been faced by Ethereum, the crypto coin continues to show that there is demand for it and one that does not appear to be slowing down any time soon. The fork that is on the blockchain has had a couple of issues as it was aimed to resolve the coin’s problems related to network scaling and fluctuating transaction fees, although the rise of non-fungible tokens (NFTs) and decentralised finance had only added further stress to the Ethereum network. An update that was applied had managed to create 800 deflationary blocks that could be formed when Ether burns overtook the mining rewards, which as a result, decreased the supply of the coins temporarily, thus increasing the price to the $3,000 mark.

    Transaction fees remain high

    Despite the rise in appeal around Ethereum, users will still be disappointed with the high transaction fees that can be experienced when using the digital currency. It has been found that many of the transactions that take place cost around $20 on average, although there have been some that have managed to cost upwards of $30 in places, thus highlighting just how high the fees can be once a transaction is made.

  • IMF Issues a New Warning a Week Before El Salvador Adopts Bitcoin as Legal Tender

    IMF Issues a New Warning a Week Before El Salvador Adopts Bitcoin as Legal Tender

    Key takeaways:

    • The International Monetary Fund (IMF) is calling El Salvador’s decision to adopt Bitcoin as legal tender an “inadvisable shortcut”
    • Ahead of the Bitcoin adoption date, the Central American country is employing measures to make the transition as seamless as possible
    • The Bitcoin Law will come into effect on September 7

    The so-called Bitcoin Law is just a week away from being put into effect in El Salvador. The Central American country has passed the law to adopt Bitcoin as legal tender by an almost three-quarter margin in the country’s Legislative Assembly back in June. Now, the International Monetary Fund (IMF) warns that making Bitcoin equivalent to national currency comes with “substantial risks.” 

    IMF says recognizing Bitcoin as national currency is an “inadvisable shortcut”

    The global financial agency has been against the change ever since El Salvadoran president Nayib Bukele first proposed the Bitcoin legislation. On Monday, the IMF shared last month’s blog post titled Cryptoassets as National Currency? A Step Too Far, in a Twitter post. 

    In the blog post, authors Tobias Adrian, Counsellor of the IMF and Head of their Monetary and Capital Markets Department and Rhoda Weeks-Brown, the General Counsel and Director of the Legal Department at the IMF, listed the biggest dangers of adopting cryptoassets as legal tender. The pair agreed that countries looking to turn to Bitcoin to improve their economic standing are taking an “inadvisable shortcut.”

    The authors acknowledged that the blockchain-enabled financial technologies do have some distinct advantages over the traditional payment systems, however, the negatives outweigh the benefits. Among the drawbacks listed for using “privately issued tokens” as the authors put it, is the high electricity cost of Bitcoin mining, the possibility of domestic prices spiraling out of control and threat to the country’s financial integrity due to inadequate anti-money laundering (AML) and counter-terrorism financing (CFT) prevention systems. 

    The IMF is not alone in warning El Salvador of the dangers of adopting Bitcoin as a national currency alongside the US dollar. At the beginning of July, the US government has also advised the El Salvadoran president against adopting Bitcoin as a legal tender, listing terrorist funding concerns among other reasons.

    President Nayib Bukele replied with a short message

    The president of the Central American country didn’t mince words or tried to write an elaborate response, instead he somewhat sarcastically used a ‘smiling face with tear’ emoji as a reply. To be fair, the single image said more than enough about Nayib’s stance towards IMF’s position on Bitcoin.

    El Salvador hopes that adopting Bitcoin as a national currency will help the country boost its economic development and make it less reliant on international funding. According to the World Bank, personal remittances accounted for almost 21% of El Salvador’s GDP as of 2019, which Nayib hopes will drastically decrease once Bitcoin Law comes into effect. 

    To make the transition to using Bitcoin as seamless as possible for its citizens, the Salvadoran government is giving away $30 worth of BTC to those who create accounts with the state-sponsored wallet. Additionally, El Salvador’s Congress approved a $150 million fund to facilitate conversions from BTC to USD

    As El Salvador marches towards September 7th, when the law officially comes into effect, the international community is closely monitoring the situation. If the cryptocurrency legislation proves to be a success, there is a high chance that other developing economies, especially those hit by economic sanctions, will follow suit.

    Buy/Sell BTC
  • EasyFeedback Token is Born, the First Cryptocurrency that Rewards Communication between Users and Companies via Blockchain

    EasyFeedback Token is Born, the First Cryptocurrency that Rewards Communication between Users and Companies via Blockchain

    The innovative proposal of this tech platform with more than 300,000  registered users consists of rewarding consumers with crypto currencies for  sending their private and constructive feedback to companies all over the  world. 

    EasyFeedback.com, the website whose mission is to promote feedback among consumers and  companies so that they can achieve excellence and improve their sales and reputation, arrives to  the blockchain technology. 

    This technology at the service of the consumer, proposes an innovative concept around  feedback.

    “We make it easy for companies to capture and manage user´s feedback privately and  not anonymously. In this way, the improvement of the companies is promoted with the voice of the  customers’ experience, generating an environment of mutual trust and commitment. We prevent  both companies and consumers from turning feedback into a weapon, as it is the case with other  websites, apps and social networks,” said Honorio Ros, CEO of EasyFeedback. 

    Rewarding constructive feedback through tokens  

    The blockchain technology will allow EasyFeedback to reward the feedback (suggestion,  complaint or congratulations) sent by a user to a company through its platform, using a token or  cryptocurrency (EasyFeedback token “EASYF”) through the “Proof of Feedback” (PoF): a new  protocol based on the Ethereum blockchain. The EasyFeedback token will be an ecosystem  where the following actors will be integrated: 

    – Feedback writers: They are the users who generate feedback and want to be rewarded for doing  so. With the launch of our “EASYF”, cryptocurrency, which will reward the sending of feedback,  the number of users will increase considerably. 

    – Companies: Those committed companies that want to keep a fluid communication with their  clients will integrate the platform. They will reward with “EASYF” the feedback received. 

    – Oracles: The blockchain technology will allow making impartial evaluations about the quality and  reliability of the feedback. To achieve this, we will use manual validation oracles: internal,  company and lawyer. Validator oracles will communicate with the regulator node, which is the one  that inserts us into the blockchain. 

    Sale of EasyFeedback Token “EASYF”  

    Easyfedback before starting the tokenization project of its platform has invested a capital of  $970.000 to finance the development of the project.

    “With EasyFeedback Token we will take  advantage of blockchain technology to improve the service we already offer and extend the  advantages of our solution for the benefit of both consumers and businesses,” says Ros.

    The total number of “EASYF” tokens that exist is 179,141,000,000 and no more will be generated.  Only 1% of the tokens are pre-mined and will be used for the adaptation of the current business  model to the blockchain and its internationalization. The remaining 99% is reserved to reward  users who send constructive feedback over time and will be minted when there are going to be  sent to reward the user´s feedbacks 

    Pre-Sale has been completed with the 40% Bonus ($300,000 raised during Q2 2021). People  from 55 countries have purchased EasyFeedback tokens. The next phase of the sale is open until  the launch of an IEO (Initial Exchange Offering) scheduled for Q4 2021. 

    More information:  

    1. Contact: feedback@easyfeedbacktoken.io 

    2. Locations:  

    • a. Polígono Mutilva Baja en Calle V Nº26 – 31192 Mutilva Baja (Navarra) Spain 
    • b. Workland Vabaduse Pärnu mnt 12, office 210, Tallin 10146 Estonia 
    • c. 38, Don Ramón de la Cruz Street, Loom Building Cryptoplaza 28001 Madrid. Spain d. La Marina de Valencia. Muelle de la Aduana, s/n. 46024 Valencia 

    3. EasyFeedback Token web: https://www.easyfeedbacktoken.io/en/ 

    4. Essentials post of “EASYF”: 

    5. EasyFeedback Token “EASYF” was created to reward people who from  https://www.easyfeedback.com/index_EN.html communicate useful and private feedback to  improve products, services and processes of companies and institutions. “EASYF” can be  exchanged for products, services, cryptocurrencies, or money at a market price. 

    6. More than 300.000 users have already sent their private feedbacks to more than 10,000  companies in 50 different. 

    7. Social networks: 

    8. Visit our media section to get images of EasyFeedback Token 
    Media Center

  • World’s Largest Art Museum and Binance are Joining Forces to Auction Off NFTs of Most Renowned Artists

    World’s Largest Art Museum and Binance are Joining Forces to Auction Off NFTs of Most Renowned Artists

    Key takeaways:

    • The non-fungible token (NFT) collection includes works from Leonardo Da Vinci, Van Gogh and other world’s most renowned artists
    • The auction of The State Hermitage Museum’s NFT collection of five paintings will commence on August 31 at 20:00 (UTC +8)
    • Starting bids start at 10,000 BUSD

    The State Hermitage Museum is the largest art museum in the world with over 3 million items in its collection spanning from the age of Antiquity to the modern Russian era. As its latest endeavor, the museum located in Saint Petersburg has started collaborating with cryptocurrency exchange Binance for an exclusive non-fungible token (NFT) auction of five masterpieces, including works of Van Gogh and Leonardo Da Vinci.

    The State Hermitage Museum NFTs

    Monet took blooming garden as his motif for the famous Corner of the Garden at Montgeron.

    A lucky buyer of artwork in the NFT form will receive an ultra-high resolution digital copy of the original painting, along with the signature and a video of the museum’s General Director Mikhail Piotrovsky. Obviously, the original artwork will remain in the custody of the Hermitage along with a second NFT copy.

    The art museum curators had this to say about the upcoming NFT sale:

    “Each digital copy is personally signed by Mikhail Piotrovsky, General Director of the State Hermitage. In doing so, he not only confirmed the authenticity of a limited series of works, but also created an independent work of art by applying his signature, the date and exact time of signing, thereby giving it absolute uniqueness, perpetuated in the blockchain.”

    Which works of art are included in the collection?

    The auction on the Binance NFT marketplace includes five paintings from renowned artists of each respective art period. The starting bid for each NFT item starts at 10,000 BUSD.

    Iconic Lilac Bush was painted while Van Gogh was undergoing treatment. The artists found inspiration in the hospital gardens.

    The set of five NFTs consists of Leonardo Da Vinci’s The Madonna and Child, Monet’s Corner of the Garden at Montgeron, Van Gogh’s Lilac Bush, Giorgione’s Judith and Kandinsky’s Composition VI.

    The NFT sale will start on August 31 at 20:00 (UTC +8) and last until September 7 at 20:00 (UTC +8).

    NFTs are a hot commodity

    The collaboration between a renowned cultural institution such as the Hermitage and cryptocurrency exchange Binance is another clear example that supports the fact that the interest in NFTs keeps growing. 

    For instance, just two weeks ago we’ve seen a hugely successful NFT sale of Degenerate Apes break records, as the whole NFT collection was sold out in under 8 minutes with the highest priced item reaching 100,001 SOL, worth more than $6 million USD at the time of the sale.

    In July we saw Ethereum’s Vitalik Buterin appear in Ashton Kutcher’s living room, to promote Mila Kunis’ Stoner Cats animated NFT series. Additionally, boxing legend Mike Tyson has joined forces with NFT agency 1ofone to bring his NFT collection to life. On the other end of the sports spectrum, reigning chess world champion and the highest-rated player of all time Magnus Carlsen is also among the celebrities that have recently launched their NFT collections.

  • Gaming Icon Atari Develops Blockchain Team to Target GameFi with Over $1M in NFT Sales and Early Adoption through ProBit Global

    Gaming Icon Atari Develops Blockchain Team to Target GameFi with Over $1M in NFT Sales and Early Adoption through ProBit Global

    AtariChain has completed its listing on ProBit Global to diversify liquidity and target adoption across the increasingly expanding worldwide crypto user base. 

    The recent trend of GameFi and its transparent earning model has positioned AtariChain in an advantageous position to leverage its considerable network spanning generations of dedicated gamers. 

    As part of their efforts to appeal to their long-term consumer base, AtariChain launched a dedicated NFT collection on NFT marketplace and crypto unicorn OpenSea to commemorate classic titles such as Centipede in collaboration with partners including Harmony. 

    According to a recent announcement of its annual results for 2021-2021, Atari NFT sales now total over $1M due to its extensive network of NFT brands Decentraland, Enjin, and Animoca. AtariChain has also launched fan-centric digital wearables for gamers to expand on the valuable experiences and content unlockable through NFT, with plans to develop its own in-house marketplace to lower the entry barrier for inexperienced crypto users. 

    ATRI tokens cater to a specific use case as a rapid payment method and in-game currency for the gaming sector to diversify and expand on fair gaming monetization potential based on automated smart contracts. 

    While governance remains under the guidance of the Atari Chain Board of Directors, Atari plans to transition over to a DAO once specific token supply metrics are established.

    ATRI holders generate a share of transaction fees due to the platform’s buyback and burn policies with staking details in the works. The token will also benefit from a significant boost through the Atari hotel brand following an announcement to launch its flagship location in Las Vegas in 2022. 

    ABOUT ATARICHAIN
    The Atari token offers a simple solution to each and every player of video games and will be the utility token of reference of the videogame industry.

    ABOUT PROBIT GLOBAL
    ProBit Global is a Top 20 crypto exchange worldwide servicing crypto enthusiasts with unlimited access to trade and buy Bitcoin, Ethereum and 600+ altcoins in 1000+ markets.

    PROBIT GLOBAL IS A BRAND TRUSTED BY MILLIONS OF USERS
    200,000+ community members
    1,000,000+ monthly active users
    3,000,000 monthly web visitors
    50,000,000 users on partnering aggregators and wallets such as CoinMarketCap
    User interface of Multilingual website supporting 41 different languages
    Marketing and community support in 8 key languages

    Join our active programs and get huge benefits!
    1. Trading Fee Discount: Buy PROB, pay trading fees with PROB & get as low as 0.03% trading fee
    2. Referral Program: Earn 10-30% of trading fees for referring friends to ProBit
    3. ProBit Exclusive: Subscribe to 50% off Top 200 tokens 
    4. Auto Hold Campaigns: Hold tokens and get 6% annualized returns

    ProBit Global: www.probit.com
    ProBit Telegram: https://t.me/ProbitEnglish

  • Top 3 Coins to Watch – Week 35

    Top 3 Coins to Watch – Week 35

    Although the cryptocurrency market ended week 34 with roughly the same total market capitalization as it has started it several altcoins managed to post gains significantly above the sector’s average. Projects that posted high gains within the past 7 days include Solana (SOL), Tezos (XTZ), Terra (LUNA), and Bitcoin Cash ABC (BCHA). Bitcoin and ETH, on the other hand, both lost a few percent. Since it seems that the altcoin season is in full swing, we went on the lookout for new altcoins with rally potential in this week. Here is what we found out.

    1. Solana (SOL)

    Solana is a smart contract enabled blockchain platform developed with a focus on scalability. Due to its top throughput of 65,000 transactions per second and absurdly low transaction fees (an average transaction on the blockchain costs just 0.00001 $), Solana is considered one of the strongest Ethereum competitors. Such a high blockchain efficiency is made possible by utilizing an innovative proof-of-stake consensus mechanism combined with proof-of-history (PoH) timestamping mechanism. Because of the reasons, Solana is very popular among various non-fungible token (NFT) projects and decentralized finance applications of all kinds. Solana’s popularity reflects in the SOL token’s total market capitalization, which has recently surged above $30 billion, making it the 8th largest cryptocurrency by market cap. In addition, the project also backed by major investors such as Alameda Research, Polychain and Andreessen Horowitz. With $314 million raised in a private token sale in June 2021, Solana Labs have more than sufficient funds for further development of the Solana blockchain. 

    Buy/Sell SOL

    Even VISA’s executives have eyes on the highly efficient blockchain platform after its amazing rise to 8th place by market capitalization

    SOL’s price rally is largely driven by the increased usage of the Solana blockchain and frequent media exposure due to several popular NFT sales, such as the Degenerate Ape NFT sale two weeks ago that garnered a massive amount of interest and netted the creator more than 100,000 SOL (around $6 million at the time). On the tailwind of being in the centre of crypto community’s attention, Solana soared towards new highs. At the time of writing, Solana is trading at its ATH price of $109 and is very likely to set new ATH prices before publishing. It has to be noted however, that it is far more than just NFTs and hype that are driving SOL to new and new highs. For example, Solana Labs developers have recently deployed Chainlink Price Feeds to Solana Devnet. With the launch of this feature on Solana mainnet, which is expected to happen in this year, developers will be able to feed accurate and reliable price data to their Solana-based smart contracts and dApps. In addition, Solana seems to have captured the attention of some financial industry giants as well. Raj Parekh, director of crypto products at Visa, recently tweeted, saying that people come to Solana for NFTs but stay for its gas efficiency. In another tweet, he shared his opinion about the NFTs being a “critical building block for the future of commerce and consumer experiences”. Visa has also established a partnership with FTX exchange, whose CEO Sam Bankman-Fried is a huge supporter of Solana. Should this links with Visa ever materialize into integration of Solana into one of Visa’s products, SOL will, without a doubt, surge even higher.

    2. Sora (XOR)

    The DEFI SORA Network is specialized at providing blockchain services to enterprises, universities, and governments. Soramitsu, the company that leads Sora’s development also issues its own crypto wallet service and operates Polkaswap decentralized exchange. XOR token, Sora’s governance token, is also used for providing liquidity to Polkaswap trading pairs and for transaction fees.

    Buy/Sell XOR

    Soramitsu to co-develop a VR NFT gaming platform for ANA, Japan’s largest airline

    In a recent press release, ANA Holdings, the holding company of Japan’s largest airline All Nippon Airways (ANA) revealed that it has partnered with a game studio JP Games to develop an interactive virtual reality platform called ANA NEO. Users of ANA NEO will be able to experience virtual travel and do online shopping among other things. So what is the big news, you may ask? Well ANA Holdings revealed that, in-game transactions will be processed on a blockchain and the virtual world will also include some NFT-based items. While there are plenty of reputable institutions and companies participating in the project, the only blockchain project listed among partners is Soramitsu, the creator of SORA Network and XOR token. Besides the new venture into the world of blockchain-based gaming, Sora developers are currently also working on redesigning the SORA mobile application and launching the Polkaswap mobile app module. 

    3. Monero (XMR)

    Monero is the largest privacy-focused cryptocurrency. It that is designed to provide as much privacy and security as possible to its users. The Monero project is fully open-source and run by volunteers. Nevertheless, the project enjoys a high reputation within the cryptocurrency community. The Monero whitepaper was created in 2014 by an unknown developer using the pseudonym “Nicolas van Saberhagen”. Monero has recently made mainstream news when John Oliver attacked it due to XMR being used by hackers to collect the ransom to avoid being caught. While it is sad that the technology is being used for illegal purposes, the story is a testament that Monero’s privacy features work as intended.

    Buy/Sell XMR

    The launch of Monero Atomic Swap triggered a smaller (+20%) XMR rally

    Monero Project recently rolled out an Atomic Swap implementation, aiming to simplify trades between Monero (XMR) and Bitcoin (BTC). The trustless way to exchange between the two coins is facilitated by a cross-blockchain protocol COMIT Network. After the implementation of Monero Atomic Swaps on August 20, XMR saw quite a notable surge in price – it went up by more than 20%, from $265 to more than $330. While XMR has since dropped back blow $300 and the Atomc Swaps-induced rally seems to be over, it is for sure worth keeping an eye on this top-notch privacy coin in the long run, as the projects developers likely have some more aces up their sleeves. Moreover, in a world where one’s each and every click, let alone transaction, can be monitored, privacy is becoming a feature of high importance for a significant chunk of the world’s population. XMR is up by more than 80% in this year, and technical analysts believe that it could near in on $400 towards the end of the year, as it is still trading within the ascending channel pattern.