ββJAPANESE CRYPTO ECOSYSTEM
From very early on, Japan has been a crypto hub. Mt. Gox, the worldβs biggest crypto exchange at the time, was a Japanese company. Roger Ver was promoting Bitcoin heavily in Tokyo and around the country during the first few years of Bitcoinβs existence.
Since 2016, Japan has officially recognized crypto as a type of money for making payments. This official recognition brought cryptocurrencies under the control of the Financial Services Agency in Japan. The FSA both legitimizes cryptocurrency and puts standards in place for operating a cryptocurrency exchange. So the Japan Virtual Currency Exchange Association was set up as a group of exchanges operating in the country who agree to follow certain rules and best practices while operating in Japan. There are only 22 cryptocurrencies available for trading for Japanese citizens.
Nowadays, Japan has 3.5 million citizens trading cryptocurrencies. Among Men aged 25-30, 14% own cryptocurrencies, this is a very high adoption rate and it places Japan at the forefront of cryptocurrency adoption worldwide.
From very early on, Japan has been a crypto hub. Mt. Gox, the worldβs biggest crypto exchange at the time, was a Japanese company. Roger Ver was promoting Bitcoin heavily in Tokyo and around the country during the first few years of Bitcoinβs existence.
Since 2016, Japan has officially recognized crypto as a type of money for making payments. This official recognition brought cryptocurrencies under the control of the Financial Services Agency in Japan. The FSA both legitimizes cryptocurrency and puts standards in place for operating a cryptocurrency exchange. So the Japan Virtual Currency Exchange Association was set up as a group of exchanges operating in the country who agree to follow certain rules and best practices while operating in Japan. There are only 22 cryptocurrencies available for trading for Japanese citizens.
Nowadays, Japan has 3.5 million citizens trading cryptocurrencies. Among Men aged 25-30, 14% own cryptocurrencies, this is a very high adoption rate and it places Japan at the forefront of cryptocurrency adoption worldwide.
ββElrond DeFi Products & Staking Tools to be Available in Frontier Wallet!
Decentralized Finance products deployed on the Elrond blockchain, as well as tools related to the Elrond Proof of Stake environment, such as validator staking, delegation and rewards management, will be available to Frontier users.
π https://medium.com/elrondnetwork/elrond-defi-products-staking-tools-to-be-available-in-frontier-wallet-c79c09cc22c3
Decentralized Finance products deployed on the Elrond blockchain, as well as tools related to the Elrond Proof of Stake environment, such as validator staking, delegation and rewards management, will be available to Frontier users.
π https://medium.com/elrondnetwork/elrond-defi-products-staking-tools-to-be-available-in-frontier-wallet-c79c09cc22c3
βββοΈDear community, CryptoDiffer will hold an AMA with NDN Link on the 8th of May at 14:00 UTC in the CryptoDiffer Telegram Chat!
The rewards pool for the best questions is $100 USD in USDT!
(Questions from previous AMAs are strictly forbidden and people will be disqualified from participating in the reward distribution.)
CHAT π£ https://t.me/joinchat/Brbs51k5cWoRBKtsgmb6Ew
The rewards pool for the best questions is $100 USD in USDT!
(Questions from previous AMAs are strictly forbidden and people will be disqualified from participating in the reward distribution.)
CHAT π£ https://t.me/joinchat/Brbs51k5cWoRBKtsgmb6Ew
ββBand Protocol has partnered with FinNexus to power the creation of asset-backed tokens!
Combining both FinNexusβ bridge for decentralized ledgers and traditional finance applications with Band Protocolβs end-to-end flexibility will enable truly decentralized and secure financial products to be created using reliable real-time data oracle.
π medium.com/finnexus/finnexus-forms-strategic-cooperation-with-band-protocol-to-power-its-defi-dapps-and-tokenized-3c7b353d5089
Combining both FinNexusβ bridge for decentralized ledgers and traditional finance applications with Band Protocolβs end-to-end flexibility will enable truly decentralized and secure financial products to be created using reliable real-time data oracle.
π medium.com/finnexus/finnexus-forms-strategic-cooperation-with-band-protocol-to-power-its-defi-dapps-and-tokenized-3c7b353d5089
ββBitMax will list RiveX (RVX) on the 8th of May at 2:00 PM UTC!
Deposits & Withdrawals to start on May 6th, 2:00 PM UTC. Trading to start on May 8th, 2:00 PM UTC.
π https://bitmaxhelp.zendesk.com/hc/en-us/articles/360047883633-Primary-Listing-Announcement-of-Rivex-RVX-
Deposits & Withdrawals to start on May 6th, 2:00 PM UTC. Trading to start on May 8th, 2:00 PM UTC.
π https://bitmaxhelp.zendesk.com/hc/en-us/articles/360047883633-Primary-Listing-Announcement-of-Rivex-RVX-
ββBlocklords joins Matic Network Ecosystem! Moreover, Blocklords is migrating from Loom to Matic!
After testing out an array of platforms (including TRON, NEO, Icon and Loom), Blocklords has decided to onboard to Matic mainnet to provide a better UX & Scalability. Matic infrastructure will power Blocklords' user-driven NFT economy, enabling seamless transfers with negligible fees.
π https://medium.com/@info_14956/blocklords-2-0-will-launch-on-matic-networks-high-performance-sidechain-160c0c9885b5
After testing out an array of platforms (including TRON, NEO, Icon and Loom), Blocklords has decided to onboard to Matic mainnet to provide a better UX & Scalability. Matic infrastructure will power Blocklords' user-driven NFT economy, enabling seamless transfers with negligible fees.
π https://medium.com/@info_14956/blocklords-2-0-will-launch-on-matic-networks-high-performance-sidechain-160c0c9885b5
ββEthereum VS Competitors
Ethereum 2.0 is around the corner but many "Ethereum Killers" plan major announcements in the coming quarters as well. That is why we decided to prepare a comparison of the price performance of selected Ethereum competitors and Ethereum in 2020.
What projects on this list are the most promising in your opinion?
Ethereum 2.0 is around the corner but many "Ethereum Killers" plan major announcements in the coming quarters as well. That is why we decided to prepare a comparison of the price performance of selected Ethereum competitors and Ethereum in 2020.
What projects on this list are the most promising in your opinion?
ββNDN Link (NDN) will conduct an IEO on OKEx on the 20th of May!
π https://okexsupport.zendesk.com/hc/en-us/articles/360043175131-OKEx-Jumpstart-x-NDN-Link-NDN-Token-Sale-Details
π https://okexsupport.zendesk.com/hc/en-us/articles/360043175131-OKEx-Jumpstart-x-NDN-Link-NDN-Token-Sale-Details
ββFLETA utilizing Matic's open-source code to achieve greater decentralization of their FLETA Gateway!
FLETA has decided to utilize Maticβs open-source code (specifically, Matic deposit & withdrawal bridge and checkpointing mechanism) to upgrade their Gateway to allow greater decentralization and provide a more convenient deposit & withdrawal system for FLETA users.
π medium.com/fleta-first-chain/fleta-deploy-matic-networks-technology-c21043ff4eee
FLETA has decided to utilize Maticβs open-source code (specifically, Matic deposit & withdrawal bridge and checkpointing mechanism) to upgrade their Gateway to allow greater decentralization and provide a more convenient deposit & withdrawal system for FLETA users.
π medium.com/fleta-first-chain/fleta-deploy-matic-networks-technology-c21043ff4eee
ββVerasity is moving into major eSports, starting with CS:GO!
Verasity will first launch CS:GO tournaments and betting from VerasityTV and add other major league games in Q2&Q3 (League of Legends and others). Players will be able to invite others to play in private or public tournaments for VRA funded jackpots. With credit card functionality from VeraWallet for on-ramp and off-ramp, non crypto users will be able to seamlessly participate in USD valued Verasity tokens (VRA/VRAB) without the need to understand crypto.
π medium.com/verasity/verasity-the-rise-of-online-gaming-part-2-counterstrike-global-offensive-cs-go-2f3789f283b7
Verasity will first launch CS:GO tournaments and betting from VerasityTV and add other major league games in Q2&Q3 (League of Legends and others). Players will be able to invite others to play in private or public tournaments for VRA funded jackpots. With credit card functionality from VeraWallet for on-ramp and off-ramp, non crypto users will be able to seamlessly participate in USD valued Verasity tokens (VRA/VRAB) without the need to understand crypto.
π medium.com/verasity/verasity-the-rise-of-online-gaming-part-2-counterstrike-global-offensive-cs-go-2f3789f283b7
ββDAO Maker has introduced a new approach for Token Sale - DYCO (Dynamic Coin Offering)
A DYCO offers its participants the ability to refund any token, no matter if they held them or sold them at a profit. 100% of the circulating supply is backed by USDC for the first 16 months after the Token Generation Event. The token supply remains static during this time. If the token value falls by more than 20% from the initial price, DYCO participants can generate risk free profits by buying tokens from the market and refunding them. Refunded tokens are automatically burned reducing the circulating supply by up to 100%.
π https://daomaker.com/dyco
A DYCO offers its participants the ability to refund any token, no matter if they held them or sold them at a profit. 100% of the circulating supply is backed by USDC for the first 16 months after the Token Generation Event. The token supply remains static during this time. If the token value falls by more than 20% from the initial price, DYCO participants can generate risk free profits by buying tokens from the market and refunding them. Refunded tokens are automatically burned reducing the circulating supply by up to 100%.
π https://daomaker.com/dyco
ββVerady has announced two major Ledgible platform clients: BlockchainCom and Algorand!
Ledgible will be integrating ALGO into its software, so that all holders of the native token of the Algorand platform (managed by the Algorand Foundation) will have integrated accounting. This expands the growing suite of digital financial products and services that are available to Algorand users.
π verady.com/news/verady-unveils-ledgible-accounting-partnerships-with-blockchain-com-and-algorand
Ledgible will be integrating ALGO into its software, so that all holders of the native token of the Algorand platform (managed by the Algorand Foundation) will have integrated accounting. This expands the growing suite of digital financial products and services that are available to Algorand users.
π verady.com/news/verady-unveils-ledgible-accounting-partnerships-with-blockchain-com-and-algorand
ββETHERNAL joins Matic Network Ecosystem!
By joining Maticβs ecosystem, Matic's infrastructure will enable Ethernal users to experience seamless gameplay and transfer of in-game NFT items. Matic Network will be providing a seamless UX for Ethernal and encouraging the growth of the NFT community.
https://ethernal.substack.com/p/7457ce7b-7123-4b80-8a63-043f56084ddc
By joining Maticβs ecosystem, Matic's infrastructure will enable Ethernal users to experience seamless gameplay and transfer of in-game NFT items. Matic Network will be providing a seamless UX for Ethernal and encouraging the growth of the NFT community.
https://ethernal.substack.com/p/7457ce7b-7123-4b80-8a63-043f56084ddc
ββIEOs Liquidity based on the number of listings on unique exchanges
We updated a comparison list of TOP-15 projects based on the number of unique exchanges on which projects were listed after their IEO and also provided ATH and Current ROI of these projects.
Top 5 are BitTorrent (62), Matic (31), Celer Network (15), Wink (12) and Sero (12)
We updated a comparison list of TOP-15 projects based on the number of unique exchanges on which projects were listed after their IEO and also provided ATH and Current ROI of these projects.
Top 5 are BitTorrent (62), Matic (31), Celer Network (15), Wink (12) and Sero (12)
ββARPA Mainnet Mining Pool Now Live for Staking with Annualized Mining Reward of 15% ο½25%!
ARPA mainnet mining pool is designed to lower the threshold for users to participate in the ARPA mainnet secure multi-party computation. By staking no less than 50,000 ARPA to the designated mining pool, users can participate in multi-party computation(MPC).
π https://medium.com/@arpa/arpa-mainnet-mining-pool-now-live-for-staking-69b0a77b8b8
ARPA mainnet mining pool is designed to lower the threshold for users to participate in the ARPA mainnet secure multi-party computation. By staking no less than 50,000 ARPA to the designated mining pool, users can participate in multi-party computation(MPC).
π https://medium.com/@arpa/arpa-mainnet-mining-pool-now-live-for-staking-69b0a77b8b8
ββBACK TO THE ROOTS
It is a common situation in crypto when token goes below the IEO/ICO price in a bear market. But not every token returns to IEO/ICO price and shows further growth during the bear market.
We found 16 tokens that went below IEO/ICO price during the last 3 months but bounced back bringing investors decent returns.
Methodology: We used CryptoRank to sort out projects by returns and chose those which went below ICO/IEO price at least one time during the past 3 months but now are trading above the IEO/ICO price. All projects are sorted by the ROI from the lowest price observed during the three months.
TOP 5 are Tierion, Band Protocol, Unibright, Aave and Enjin Coin.
It is a common situation in crypto when token goes below the IEO/ICO price in a bear market. But not every token returns to IEO/ICO price and shows further growth during the bear market.
We found 16 tokens that went below IEO/ICO price during the last 3 months but bounced back bringing investors decent returns.
Methodology: We used CryptoRank to sort out projects by returns and chose those which went below ICO/IEO price at least one time during the past 3 months but now are trading above the IEO/ICO price. All projects are sorted by the ROI from the lowest price observed during the three months.
TOP 5 are Tierion, Band Protocol, Unibright, Aave and Enjin Coin.
ββRiveX (RVX) has been listed on BitMax
βͺοΈLast Funding Round Token Price: 1 RVX= $0.035
βͺοΈCurrent token price: 1 RVX = $0.07923
βͺοΈCurrent ROI in USD: ~2.26x
βͺοΈCurrent Circulating Supply: 8,000,000 RVX
βͺοΈCurrent Market Cap: ~$633,840 USD
π https://bitmax.io/#/trade/usdt/rvx
βͺοΈLast Funding Round Token Price: 1 RVX= $0.035
βͺοΈCurrent token price: 1 RVX = $0.07923
βͺοΈCurrent ROI in USD: ~2.26x
βͺοΈCurrent Circulating Supply: 8,000,000 RVX
βͺοΈCurrent Market Cap: ~$633,840 USD
π https://bitmax.io/#/trade/usdt/rvx
ββBadBit.Games joins Matic Network Ecosystem!
BadBit.Games is migrating from Loom to Matic to take advantage of the high-performance infrastructure. Matic will not only empower BadBit.Gamesβ platform with even greater performance, but Matic's Plasma-based PoS network will also enhance the security of their in-platform transactions.
π medium.com/@info.badbit/badbit-games-matic-network-migration-e45cd6bfbc87?sk=80ca04b4d8336f9d66a8cd4ab1345e0e
BadBit.Games is migrating from Loom to Matic to take advantage of the high-performance infrastructure. Matic will not only empower BadBit.Gamesβ platform with even greater performance, but Matic's Plasma-based PoS network will also enhance the security of their in-platform transactions.
π medium.com/@info.badbit/badbit-games-matic-network-migration-e45cd6bfbc87?sk=80ca04b4d8336f9d66a8cd4ab1345e0e
ββMatic is now in the process of Counter Stake Stage 2, entitled The Grand Staking League!
During this stage, Matic's validators are essentially attempting to 'break' the network, in order to ensure that all bugs and issues have been identified and rectified during Stage 1. Stage 2 marks the final hurdle before the Matic mainnet will be ready to launch!
π blog.matic.network/announcing-counter-stake-stage-2-the-grand-staking-league-full-details-matic-network
During this stage, Matic's validators are essentially attempting to 'break' the network, in order to ensure that all bugs and issues have been identified and rectified during Stage 1. Stage 2 marks the final hurdle before the Matic mainnet will be ready to launch!
π blog.matic.network/announcing-counter-stake-stage-2-the-grand-staking-league-full-details-matic-network
ββMatic is joining T-Block accelerator program, organized by Tech Mahindra and the Telangana government!
The aim of T-Block is to provide promising Indian blockchain startups with the support and tools required to flourish and thrive. Matic will be providing T-Block startups with support and the infrastructure required to build DApps with the performance required to facilitate mass adoption.
π https://www.indianweb2.com/2020/05/07/matic-network-harmony-and-aeternity-join-telangana-blockchain-districts-accelerator-program-as-official-platform-partners
The aim of T-Block is to provide promising Indian blockchain startups with the support and tools required to flourish and thrive. Matic will be providing T-Block startups with support and the infrastructure required to build DApps with the performance required to facilitate mass adoption.
π https://www.indianweb2.com/2020/05/07/matic-network-harmony-and-aeternity-join-telangana-blockchain-districts-accelerator-program-as-official-platform-partners
