👋 Hello Nimbus Community, 

FA, DD, DYOR…you must have heard these acronyms countless times. 

And they seem to appear so often on your crypto Twitter feeds, blogs, or videos for a good reason. 

All these terms and the practices they define can become your best tool to be SAFU and make constructive decisions on your assets. 

As you probably remember, we already covered the term DYOR 👉 Here. And the DD term’s meaning is very close to DYOR.

Coming to fundamental analysis (FA), why is it so important to perform it?

📝 The whole concept of fundamental analysis comes from understanding the difference between price and value. 

😎 As one of the most successful investors of the 20th century expressed, Warren Buffet says, "price is what you pay, and value is what you get".

🧮 It won't be a stretch to say that understanding how the price and value of a project or asset differ from each other is the most important way of becoming successful in crypto.

Fundamental analysts conduct research through a wide range of sources, but most information can be assembled through the following channels:

✔️ NTV (Network to Value) Ratio - Network value / daily transaction volume
✔️ Market capitalization is the actual resources that have been put into the project. You take the circulating supply of coins multiplied by the value of 1 coin.
✔️ Number of active wallet addresses 
✔️ Token utility
✔️ Resources (such as Whitepaper and team)

✋Hey Nimbus Community,

🥷Starting this week, U.S. customers of Cash App will be able to automatically invest a portion (or the entirety) of their direct-deposit paychecks into Bitcoin. Soon, users will also be able to invest their spare change into cryptocurrency.

☺️ The Philippines-new crypto hub? PayMaya, a local digital financial services platform, now allows its users to buy and earn digital assets. In the long term, the startup aims to provide a full-suite experience for crypto buying with the new feature.

🤑The UFC launches Bitcoin payouts to the top three fighters on every pay-per-view event, with a total of $60,000 split between the winners. It has also increased the share of the money that athletes see in the growing world of NFTs from 30% to 50%.

🥳 CME Group, the world's leading derivatives marketplace, has presented 11 new crypto-reference rates and real-time indices. Thus, it plans to increase confidence and accuracy when managing cryptocurrency price risk or creating structured products like ETFs.

🤩 Coinbase finally expands to India. The CEO of the world's second-largest exchange announced that the company is making "a long-term investment" in the country. To achieve its goal, Coinbase plans to hire 1,000 people in India at its tech hub by the end of the year.

👋 Hey Nimbus Community,

Just a small announcement for you: 🚨Be careful with unofficial Nimbus Telegram channels that pretend to be the actual ones🚨

These are not us:

https://t.me/QuantumHF_EN
https://t.me/NIMBUS_ENG

Note that all official ways of communication with you can be found in the pinned message of the following news channel.

👋Hey Nimbus Community, 

Making a living by playing games! 

Sounds like a far-fetched dream? Well, for many users, it's a reality thanks to 🎮 Play-to-Earn Games!

The gaming industry has surely evolved from Play-to-Play ⏩ Free-to-Play ⏩ Play-to-Earn. In the traditional sense, people could earn different types of in-game items long before P2E was popularized. 

Why has the concept exploded only now?

The key to the P2E explosion is blockchain technology and crypto, which have some unique advantages and utilities for players, such as NFT and true ownership.

One of the biggest Play-to-Earn pioneers is Axie Infinity. Other leading Play-to-Earn platforms include Decentraland, The Sandbox, Gods Unchained, and more!

The gaming market, in general, has caught momentum, and the statistics speak of it:

In 2021 Bitkraft predicted that the gaming industry would soon witness a boom, with over 3 billion players joining the guild. Newzoo, a top gaming research and data platform, has reported that the gaming market has witnessed steady annual growth, and with this rate, the market can easily reach a revenue of $200B and 3B players by 2023.

Combining the total market cap of the current top 10 on-chain pay-to-earn games (including Axie Infinity, Enji Coin, Sandbox, Ulta, Atari, Gala, and more) of in-game revenue can easily appreciate by 77%.

To that end, sizing up the gigantic potential of play-to-earn games and how it is shaping the gaming industry makes it safe to say that P2E is not a short-term trend, and it could evolve in a sustaining market created based on reasonable use cases. 

✋ Hey Nimbus Community,

😈 Amazon CEO said the retail giant could eventually start selling non-fungible tokens. Hopefully, they will also add crypto payment options. Even though Andy Jassy doesn’t own any BTC, he’s optimistic about the future of digital assets and NFTs.

🥰 The IMF: the pandemic has accelerated existing trends in the payments industry, including shifts toward touchless and instant payments. The global FinTech market could reach $334 billion by 2026, whereas digital payments - $8.26 trillion by 2024.

🤓 New Virginia law now allows banks to provide custodial services for “virtual currency”. Thus, from July 1, banks in Virginia will be allowed to hold the keys to someone’s crypto wallet. Who will be next: Goldman Sachs or Morgan Stanley?

🤩 This week Huawei’s cloud computing arm airdropped the brand’s first batch of NFTs. Thus, the company joined the group of Chinese tech giants such as Tencent, Alibaba, Baidu, NetEase, and JD.com who have already launched their NFT marketplaces.

🥳 The CEO of Celsius Network believes that Bitcoin will surge above $100,000 before the end of 2022 if it can overcome several resistance levels. According to him, the traditional finance sector will be a key catalyst in sending Bitcoin’s price higher.

Important roadmap update:

As a part of a roadmap update for 2022, we will be introducing a number of changes aimed at stabilizing the NBU token value in the long term.

Some of these steps include:
✔️Developing strategies that stabilize our economy and increase the token value floor
✔️Reconstructing token value floors for Affiliate Program
✔️Enhancing marketing efforts
✔️Refactoring and upgrading Nimbus dApps and functionalities over time in line with market movement
✔️Partnerships
✔️Introducing a range of hybrid NFT-based instruments on the Nimbus Platform

With this new rationale, we aim to bolster the stability of not just the NBU and GNBU tokens but of the whole ecosystem. Additionally, as these efforts supplement a potential uptrend in the token values, Nimbus users and the token holders will be able to discover new avenues to accumulate and hold NBU and GNBU tokens.

👋Hey Nimbus Community,

The crypto space generally proliferates at a dramatic rate. It is unfeasible to keep track of every asset there is 😖

A much better approach is filtering the assets you are interested in from the noise. If that seems relatable to you - a “watchlist” is a must-have tool in your inventory.

But the thought of making your own watchlist sounds cumbersome?

Well, crypto tracking platforms such as CoinGecko and CoinMarketCap have made the art of watchlist - effortless.

In order to create your own watchlist, you simply look up the asset on these tracking platforms and click on the “star” ⭐, which is usually present right beside the asset ticker.

Moreover, things are about to get very exciting with upcoming updates on the Nimbus Platform. In that case, you’d want to keep your eyes on the NBU/GNBU tokens in your bag by adding them to your watchlist -

NBU 👉 CoinGecko or CoinMarketCap
GNBU 👉 CoinGecko or CoinMarketCap 

🚨 IMPORTANT TECH UPDATE 📲

The APR on the LP Staking contract will be downgraded.

In particular, one of the steps to be undertaken to stabilze the Nimbus Platform economy is the LP Staking APR reward reduction.

✅ The change will endure all pairs, but this time NBU/GNBU will suffer the most - APR on this pair will be downgraded from 100% to 0%. This is due to the fact that the NBU/GNBU pairs are being used by the bot that leverages token prices across two different markets.

✅ Moreover, rewards will not be accrued to the share of LP tokens from NBU/GNBU liquidity pairs added to LP Staking via Nimbus Swap or PancakeSwap.

✅ Users who have injected liquidity into NBU/GNBU pairs can continue to receive rewards by transferring their liquidity into NBU/BNB or GNBU/BNB pairs and maintaining it.

In a future roadmap update, we will share our plans for project's ecosystem and functionality improvement. This APR downgrade is the strategies' implementation aimed at stabilizing the overall economy of the Nimbus Platform.

Hey Nimbus Community,

Yesterday, a tech update announced a change in the LP Staking APR rates, specifically influencing the NBU/GNBU pair.

After implementing the update, the rewards on the users' dashboard were not being displayed correctly. This is a technical issue and the tech team is addressing this concern as we speak.

Users’ rewards that were accumulated during the LP Staking period under the previous APR have already been sent to the users' wallets via the airdrop.

It is essential to mention again that the current measures are aimed at stabilizing the Nimbus Platform's economy and enhancing the project's functionality improvement.

Thank you for your patience and support. We apologize for any inconvenience caused due to the announcement and the tech implementation 🙏

✋Hey Nimbus community,

🤩 Tesla didn’t disappoint: the value of the company’s Bitcoin holdings remained unchanged at $1.26 billion for the second straight quarter. Who knows, maybe with the acquisition of Twitter cryptocurrencies will be finally integrated into the platform.

😳 Who decided that the Telegram crypto project is dead? The TON Foundation said it has raised over $1 billion in donations from users to advance its ecosystem. The funds came via 176 separate donations, with most coming from large holders.

🥺 Dogecoin deodorant is back on the market. Last year, AXE offered up 1000 limited-edition Dogecans for free, which were snatched up by the Doge community in under 10 minutes. Will it succeed in pushing Dogecoin to $1 USD this time?

😶‍🌫️ Snoop Dogg, in collaboration with MOBLAND, will create digital marijuana farms in the project's meta-universe. The startup was backed by Twitch co-founder Justin Kang, Terra co-founder Do Kwon, Animoca Brands, and other investors.

👾 Blockchain gaming is gaining momentum. Activity in the sector has grown 2,000% from the previous year, attracting 1.22 million unique active wallets in March. Axie Infinity was responsible for 22,000 of those despite the $615 million Ronin Bridge hack.

👋Hey Nimbus Community, 

What happens if there is an NFT you really wish to acquire, but its cost is too overwhelming?😫

This is where F-NFTs open new horizons! 😎 Don’t know what that is❓

Fret not, today’s segment of the Nimbus Glossary is covering ✨F-NFTs✨

F-NFTs have created a revolution that opened new horizons in the NFT sector. Some more benefits of NFT fractionalization are:

✅ Price Discovery: F-NFTs can help users assess the market value of the NFT quickly. 

Suppose you have digital painting and you wish to assess its market value. All you need to do is fractionalize that NFT and sell a fraction of it on the market.

✅ Liquidity: NFT fractionalization solves the liquidity issues that come with NFTs. When selling a high-priced NFT, you need to rely on the collectors who can acquire such a high-value asset. But with F-NFTs, you can segregate the ERC-721 token into multiple ERC-20 tokens and sell each token individually. Hence, one can generate a lot of interest for the asset and address the liquidity issue to a large extent.

✋Hey Nimbus community,

👾Because of the geopolitical tension, the number of millionaire addresses has been increasing steadily for over two months already. 1,629 whales are holding between 10 to 100k that are either new or have returned to the millionaire status.

😳The notorious whistle-blower acknowledges disclosed that Edward Snowden was amongst the creators of zcash, a leading privacy-protecting cryptocurrency. As recently as this month, Snowden addressed a group at the launch of the privacy coin Nym, in Paris.

😱BlackRock Inc., the world’s largest exchange-traded fund issuer, launched its debut blockchain-focused ETF, which tracks companies involved in the “development, innovation, and utilization of blockchain and crypto technologies”.

😍Fort Worth, Texas, has become the first city government in the United States to mine BTC. Three Bitmain Antminer S9 mining rigs will run 24 hours a day, seven days a week, in the climate-controlled information technology wing of Fort Worth City Hall.

😌Wanchain and Cardano’s InputOutputHK are collaborating on enabling interoperability between the Cardano mainnet, sidechains, and other blockchains. This partnership could bring numerous EVM dApps and assets into the Cardano ecosystem.