Syncord | Official News Channel
4.55K subscribers
919 photos
38 videos
10 files
809 links
Syncord is a DAO-governed platform that offers earning strategies for users boosted by multiple layers of risk-management. Receive rewards from IPO participation, Lending & Borrowing, and more in one spot.
Download Telegram
๐Ÿ‘‹ Hey Nimbus Community,

As the Nimbus Platform continues to evolve rapidly, the development process becomes increasingly complex. And the rising complexity leads to longer development and auditing periods.

In order to keep up with the sophistication and optimize the journey toward product delivery, your Nimbus Team has broken down the process into sprints (biweekly).
Once these sprints are concluded, we upload the product development data on a special website called the Nimbus Test Environment or product staging. There you can track all the development progress essentially in real-time.

In order to access the product staging, you need to perform some actions. And to make that easier for you, we've prepared a step-by-step process to help you navigate around with ease.

Follow the image above๐Ÿ‘† for the instructions โ€” or read below!

1๏ธโƒฃ Configure your MetaMask wallet to Testnet:
โœ”๏ธAccess MetaMask
โœ”๏ธGo to 'Settings'
โœ”๏ธGo to 'Networks'
โœ”๏ธClick on the 'Add Network' tab
โœ”๏ธThere, enter the following details:
๐Ÿ”นNetwork Name: Smart Chain โ€“ Testnet
๐Ÿ”นNew RPC URL: https://data-seed-prebsc-1-s1.binance.org:8545
๐Ÿ”นChain ID: 97 โ€“ Symbol: BNB
๐Ÿ”นBlock Explorer URL: TESTNET Binance (BNB) Blockchain Explorer
2๏ธโƒฃ Then, get some test BNB tokens ๐Ÿ‘‰ Here
Note that according to the network rules, you can take out BNB test tokens once a day!
3๏ธโƒฃ Hop onto the Demo version of Nimbus Swap and change your BNB test tokens to NBU test tokens๐Ÿ‘‰ Here

With these tokens, youโ€™ll be able to test most of the functionality available at staging.

Give it a try yourself and share your feedback ๐Ÿ‘‰here. This way, youโ€™ll help us improve the functionality before it gets officially launched!

#NimbusAcademy #NimbusInsights
โค3๐ŸŽ‰1
๐Ÿ“ฒ Keep up to speed with weekly crypto digest

๐Ÿค‘It's been a long time coming but better late than never โ€” U.S. Securities and Exchange Chair Gary Gensler finally admitted that DeFi could offer โ€œreal innovation.โ€ On top of that, he mentioned that it must fit within the existing regulatory framework.

๐Ÿฅ‡In our opinion, it will be the Metaverse that will help explore the potential of cryptocurrencies. In this context, we find it important to mention that Facebook plans to make it easier to run ads about cryptocurrency on the platform by expanding the number of regulatory licenses they accept. This move has been approved thanks to the fact that cryptocurrency landscape has continued to mature and stabilize in recent years and has seen more government regulations that are setting clearer rules for their industry.

๐Ÿ“จ Talking about the NFT market, UAE gets its own NFT digital postal stamps celebrating Golden Jubilee. These innovative NFT stamps will have a digital twin in the blockchain system and will be sold as digital collectibles linked to their physical stamp counterpart. No surprise according to Cointelegraph Research NFT sales might surge to $17.7 billion by the end of 2021.

#NimbusDigest
โค3
The Nimbus Platform CEO โ€” Alex Lemberg promised to answer all your burning questions in the last Livestream.

The answers have already been published in our Discord ๐Ÿ‘‰ Here!
Hey Nimbus Community, 

NFTs are on the rise, not just because they provide ownership and authenticity but also because NFTโ€™s represent an entirely new category of use cases in DeFi

The statistics show that NFTs are here to stay, so the Nimbus glossary deems it important that our community stays in the loop! ๐Ÿ”Š

Today, weโ€™re learning about the NFT token standard ERC-721

Check the image above to discover its meaning๐Ÿ‘†

Time for some juicy facts about the ERC- 721 token standard:

ERC-721 was first created to combat the ERC-20 interface incapabilities via an Ethereum Improvement Proposal (EIP). Cryptokitties was the first protocol to utilize ERC-721 to create NFTs in the form of kitties and that the most special fact of all:

The Nimbus NFT token is nearing its launch date. This token will combine dApps and deliver easy access to the most complex user scenarios in DeFi. Weโ€™re currently undergoing audits and reviewing smart contracts, once ready, weโ€™ll share the new updates with you!

We know you are eager to know more about the mysterious Nimbus NFT token! Weโ€™ll gradually shed light and tell you more about the concept. Stay tuned!
#NimbusAcademy #NimbusGlossary
โค3
โœ‹Hey Nimbus community,

๐Ÿ˜Œ We have prepared a short article on what NFT tokens are and why the crypto community is so excited about the newly born niche. In this article, you will find all the information you were looking for and more. The cherry on top is that we explain the difference between the already existing solutions and the Nimbus alternative. Here is a quick hint โ€“ our story is not about the art.

What are you waiting for? Go check it now
โค3
๐Ÿ‘‹Hey Nimbus Community,

The Dubai Contest has already been up and running!

In fact, we are already rounding off the names of the first few winners!๐Ÿคฏ

But, donโ€™t give up yet, you still can win a trip to the enchanting city of middle-east, Dubai!โœˆ๏ธ

You have time until 31st January to:
๐Ÿ”นReach up to 30,000 BUSD turnover of your 1st line or Rank 21 (group turnover) to win a solo 4 day trip to Dubai
Or
๐Ÿ”นReach up to 45,000 BUSD turnover of your 1st line to win a 4 day trip to Dubai for you and your partner

โ—๏ธRemember, this contest is only accessible via the Nimbus Affiliate Program!

More details on the contest and how you can participate ๐Ÿ‘‰ Here!
โค3
โœ‹Hey Nimbus community,

๐Ÿ‘ฝ It has been a busy week for the crypto space. First thing first, Fidelity Digital Assets has been granted registration with the UK Financial Conduct Authority for its digital asset custody and trade execution business. Long story short it means that institutional investors will continue to fuel expansion in the cryptocurrency fund market๐Ÿ“Š

๐Ÿฅ‡ Howbeit, we doubt that without Fidelity financial sharks will abandon the newly-born industry any time soon. Why? According to Dan Morehead, the CEO of Pantera Capital (an American hedge fund that specializes in cryptocurrencies), digital assets could be the perfect hedge as bubbles in debt markets begin to pop. On top of that he mentioned that instead of focusing all of their regulatory energy on cryptocurrencies like bitcoin, governments around the world should look at systemic issues that are causing economic volatility.

๐Ÿ™ˆ Talking about NFTs, in the Sandbox virtual gaming world, a mega yacht has been sold for a whopping $650,000 and someone paid as much as $450,000 to become Snoop Dogg's neighbor in the metaverse. On top of that, Pepsi announced the brand's first-ever foray into the innovative and evolving world of non-fungible tokens with the Pepsi Mic Drop genesis NFT collection. Finally, Ross Ulbricht, the alleged founder of the dark web marketplace Silk Road, has sold his first NFT for $6.2 million or 1,446 Ether at auction.
โค4
๐Ÿ‘‹Hey Nimbus Community, 

We have implemented a โ€˜Send feedbackโ€™ function on the Nimbus Platform Page. 

Here are the key benefits that you can derive from this upgrade:
โœ…By clicking on the โ€˜Send feedbackโ€™ tab, you can directly share your queries and technical issues with Nimbus support on Zendesk
โœ…The most special utility is that the system is designed to capture a high-quality screenshot and share it directly with the support team

This way, we get a more detailed insight into the problem, itโ€™s easier and faster for the Nimbus support to address bug tickets or any other technical insufficiency. 

Check it out ๐Ÿ‘‰ Here!
๐Ÿ‘‹Hey Nimbus Community,

We have delivered a lot of educational content, useful info and tips to help our users in their DeFi journey. But today, we are here to quiz your knowledge about NFT in general!

Select the most appropriate answer and see if you were right๐Ÿ‘‡
#1 What is the most vital utility of NFT?
Anonymous Quiz
23%
a. Commercialization
65%
b. Uniqueness
8%
c. Hype
4%
d. Celebrity Attention
#2 This artist created history with his NFT collection "The First 5000 Days," being sold for $69 million at a Christie's auction.
Anonymous Quiz
18%
a. Murakami
32%
b. Banksy
41%
c. Beeple
9%
d. Warhol
#4 What is the correct term for this definition โ€” a protocol that links different blockchains, allowing users to transfer assets between them?
Anonymous Quiz
11%
a. A DEX
2%
b. On-ramp
73%
c. Bridge
14%
d. DAO
Here's your Quiz Report Card!

4๏ธโƒฃ answers are right - Jackpot, you are an NFT genius๐Ÿฅณ
3๏ธโƒฃ answers are right - We know that you follow with Nimbus educational resources on a daily. Keep it up!๐Ÿค“
2๏ธโƒฃ answers are right - Need a little bit of work, but you'll get there๐Ÿ“•
1๏ธโƒฃ answer is right - No worries! You can still make it by following this materials โฌ‡๏ธ

What is NFT, Article โ€œThe hidden side of NFTโ€, Livestream with Nimbus CEO, What is Bridge
๐Ÿ‘7โค3๐Ÿคฉ1
Still not subscribed to our YouTube channel? Well, hereโ€™s a great chance to fix that! ๐Ÿ˜

๐ŸŽ‰We are happy to present you with a walkthrough of the Nimbus Platform!๐ŸŽ‰

With this short explainer video, you will have a better understanding of the Nimbus Platform and the key value it brings to the world!

Write your thoughts on the video in the comment box and donโ€™t forget to give it a big โ€œthumbs upโ€!๐Ÿ‘ LINK
๐Ÿ‘7โค3๐Ÿคฉ1
๐Ÿ‘‹Hey Nimbus Community, 

The Nimbus Academy on Lending is LIVE! 

๐Ÿ’  In this episode, Pedro Reyes, a member of the Nimbus tech team, whom we have already introduced to you before, will be talking about - Lending.

What will be discussed in this video? 
โœ”๏ธ  Difference between Lending and Borrowing in TradFi and DeFi
โœ”๏ธ  Types of blockchain-based Lending and Borrowing protocols (CeFi vs. DeFi)
โœ”๏ธ  The technical mechanics behind Nimbus Lend dApp
โœ”๏ธ  Practical scenarios to explain Nimbus Lend dApp in simpler terms
โ€ฆAnd more!

๐Ÿ’ Watch NOW๐Ÿ‘‰ Here!
๐Ÿ‘8โค2๐Ÿคฉ1