โ Why Legion
BSCS, BlackDragon, Good Games Guild, Vision Fund, Yay Network, Ferrum Network, Messari, Near Protocol, Stakely, MH Ventures, Seedify, Super Launcher.
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๐ The Vietnam Rust Hackathon, part of #GMVN2024, IS HERE!
Sponsored by @NervosNetwork, @Conflux_Network, @NibiruChain, and @cubexch, it offers you a chance to win $160,000 prize pool ๐ฑ Master #Rust, showcase your skills, and take home more than just new knowledge.
Join us NOW to discover how we're pushing the boundaries of software innovation
๐ https://hackathon.zkplabs.network/
๐ Details: HERE
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Sponsored by @NervosNetwork, @Conflux_Network, @NibiruChain, and @cubexch, it offers you a chance to win $160,000 prize pool ๐ฑ Master #Rust, showcase your skills, and take home more than just new knowledge.
Join us NOW to discover how we're pushing the boundaries of software innovation
๐ https://hackathon.zkplabs.network/
๐ Details: HERE
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๐ Better than Yesterday with BSCS #31: Node Sale - New Form of Fundraising
Node sales are revolutionizing the fundraising landscape in the blockchain world!
So, what is a node sale and why has this fundraising method succeeded? Let's find out with BSCS!
โน๏ธ What is a Node Sale?
A node sale is a sale of keys to operate project nodes.
Nodes are sold in price tiers, with earlier purchases receiving lower tiers at lower prices and vice versa.
โน๏ธ How does the Node Reward work?
The Node Reward will follow these mechanisms:
๐ข Based on X% of supply for node rewards
๐ข Additional rates are allocated based on rewards from the performance
๐ข Usually rewards will be paid over time and most projects lock rewards before they can be received
โน๏ธ How & When Will You Break Even On The Investment?
The breakeven formula is simple.
In which:
Node costs depend on the level of participation; the earlier you join the level, the cheaper it is.
Node rewards can be calculated as:
The risk rate will increase when the user participates in higher-tier node positions.
๐ฅ In general, the Node Sale model has many positive aspects, however, users must carefully calculate the risk and breakeven time when participating in this fundraising model.
๐ฐ Detailed article Here
๐ Let's wrap up everything else on the pros & cons in part 2 of Better than Yesterday with BSCS about Node Sale! Stay tuned!
โญ๏ธ BSCS Official Media Channels:
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Node sales are revolutionizing the fundraising landscape in the blockchain world!
So, what is a node sale and why has this fundraising method succeeded? Let's find out with BSCS!
A node sale is a sale of keys to operate project nodes.
Nodes are sold in price tiers, with earlier purchases receiving lower tiers at lower prices and vice versa.
The Node Reward will follow these mechanisms:
The breakeven formula is simple.
[Cost of Node] รท [Node Rewards Per Month Per Node]
In which:
Node costs depend on the level of participation; the earlier you join the level, the cheaper it is.
Node rewards can be calculated as:
[Node reward ratio] รท [Number of active nodes]
The risk rate will increase when the user participates in higher-tier node positions.
๐ฐ Detailed article Here
โญ๏ธ BSCS Official Media Channels:
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KIP Protocol empowers owners of AI models, apps & data to rapidly deploy in Web3, and to transact & monetise with full property rights.
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๐ฅ Top 1: 25 USDT
๐ฅ Top 2: 20 USDT
๐ฅ Top 3 : 15 USDT
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โ Why KIP Protocol
BSCS, DWF Labs, Kyros Ventures, K300 Ventures, Animoca Ventures, Tribe Capital, GBV Capital, Morningstar Ventures, ZBS Capital, Andromeda Capital, B.Army, Skyvision Capital, GD10 Capital, Black Edge Capital, CSP Dao, Spicy Capital Group, Purechain Capital, Contago, MH Ventures, Zephyrus Capital.
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๐ฆ Supply for Node Sale: $140,000
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๐ฆ Supply for Node Sale: $140,000
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Each wallet can buy maximum 3 nodes. If you commit excess, you will be able to claim your remaining fund.
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๐Weekly Market Highlights #97: May 6 - May 12
โจThe cryptocurrency market experienced a week of relative stability, pausing the bearish momentum and undergoing some consolidation.
โจOver the past week, the crypto market total capitalization decreased by ~$115B (from ~$2,363B to ~$2,248B).
โจBitcoin Bulls Regrouping
โ BTC started this week at $64K, recovering from a sharp drop to $56.5K last week. After some price fluctuation, it fell ~6% to $60.2K on Friday. This seems to have been caused by a statement from a US Federal Reserve representative, who said it may be too early to think about rate cuts.
โ The market has calmed since then, and the worst seems behind us.
โ The bulls even attempted a recovery, but it was quickly halted at around $61.8K, and now BTC is trading around ~$61.3K
โ Itโs worth noting that despite the recent declines, the Fear and Greed index still points out that the market is in a state of โgreed.โ
โจRed Dominates Altcoins
โ On a seven-day scale, most altcoins are trading in the red.
โ AVAX, DOT, and MATIC, among the prominent altcoins, recorded the most significant price declines, ranging from 11% to 13%.
โ The leading names of meme coins, DOGE and SHIB, also bled strongly, with a price drop of ~11%.
โ On the contrary, TON had an impressive week of growth with an increase of ~16%
โจBitcoin Fear and Greed Index is 57 - Greed, lower than at the beginning of the week (71)
โจDominance:
โ BTC: 53.7%
โ ETH: 15.5%
๐ฃSee you next week!
๐ถ BSCS Official Media Channels:
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โจThe cryptocurrency market experienced a week of relative stability, pausing the bearish momentum and undergoing some consolidation.
โจOver the past week, the crypto market total capitalization decreased by ~$115B (from ~$2,363B to ~$2,248B).
โจBitcoin Bulls Regrouping
โ BTC started this week at $64K, recovering from a sharp drop to $56.5K last week. After some price fluctuation, it fell ~6% to $60.2K on Friday. This seems to have been caused by a statement from a US Federal Reserve representative, who said it may be too early to think about rate cuts.
โ The market has calmed since then, and the worst seems behind us.
โ The bulls even attempted a recovery, but it was quickly halted at around $61.8K, and now BTC is trading around ~$61.3K
โ Itโs worth noting that despite the recent declines, the Fear and Greed index still points out that the market is in a state of โgreed.โ
โจRed Dominates Altcoins
โ On a seven-day scale, most altcoins are trading in the red.
โ AVAX, DOT, and MATIC, among the prominent altcoins, recorded the most significant price declines, ranging from 11% to 13%.
โ The leading names of meme coins, DOGE and SHIB, also bled strongly, with a price drop of ~11%.
โ On the contrary, TON had an impressive week of growth with an increase of ~16%
โจBitcoin Fear and Greed Index is 57 - Greed, lower than at the beginning of the week (71)
โจDominance:
โ BTC: 53.7%
โ ETH: 15.5%
๐ฃSee you next week!
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The $NEXL token launch has been postponed by the HoloNex team owing to market conditions. We regret to inform you of this and HoloNex would want to extend their deepest regrets for any trouble this may have caused.
Users that took part in HoloNex IDO will receive a 100% refund from BSCS.
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After a long week, Weekly Overview is back, bringing the most comprehensive news of BSCS in the past 7 days!
๐๐ป Let's see if you missed any news!
I. New Partner
II. Private Sale & Node Sale Project
III. Event and Highlight News
IV. Education
V. Under Development
๐ DEX View
- Optimize and enhance the overall user experience
V. Communities
โข Telegram Channel: 97,814
โข Twitter: 428,522
โข Youtube: 18,500
โข Facebook: 12,317
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๐ Better than Yesterday with BSCS #32: Node Sale - New Form of Fundraising Part 2
Welcome back to part 2, where we will further deconstruct Node Sale - the new fundraising trend of this cycle!
โน๏ธ Pros & Cons of the Node Sale
The node sale model will generally be similar to a Presale or Public sale to the regular user community.
To determine the advantages and disadvantages of the above two models, we will evaluate based on 4 factors including:
๐ข Pricing
๐ข Dilution ratio
๐ข Raised Amount
๐ข Selling Pressure
Node Sale model will have many benefits compared to Public Sale:
โ
Higher valuation
โ
Reduce dilution
โ
Better capital raised
โ
Lower selling pressure
Node Sale structure also bringing certain benefits to investors, Kols:
โ
Easy Project Marketing
โ
Limiting selling pressure
โ
Better community stimulation
โ
Diversified pricing
โ
Increase token supply allocation for Node
โน๏ธ Can Node Sale Replace Token Public Sale?
The answer is not clear-cut. Only projects needing new nodes can conduct node sales for infrastructure needs.
Node sales have advantages but may not replace token sales that offer more diversity and easier participation, without complex procedures or platforms.
๐ In general, the Node Sale model is bringing many positive aspects as well as long-term sustainability of the project, however users will need to carefully calculate the risk when participating in this model.
๐ฐ Read detailed article Here
โญ๏ธ BSCS Official Media Channels:
Website | Telegram | Substack | Twitter | Discussion
Welcome back to part 2, where we will further deconstruct Node Sale - the new fundraising trend of this cycle!
The node sale model will generally be similar to a Presale or Public sale to the regular user community.
To determine the advantages and disadvantages of the above two models, we will evaluate based on 4 factors including:
Node Sale model will have many benefits compared to Public Sale:
Node Sale structure also bringing certain benefits to investors, Kols:
The answer is not clear-cut. Only projects needing new nodes can conduct node sales for infrastructure needs.
Node sales have advantages but may not replace token sales that offer more diversity and easier participation, without complex procedures or platforms.
๐ In general, the Node Sale model is bringing many positive aspects as well as long-term sustainability of the project, however users will need to carefully calculate the risk when participating in this model.
๐ฐ Read detailed article Here
โญ๏ธ BSCS Official Media Channels:
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๐ฅ Top 1: 25 USDT
๐ฅ Top 2: 20 USDT
๐ฅ Top 3 : 15 USDT
๐ Act now or lose your chance of winning! The opportunity is still available!
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