UTON Hackathon 2021
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Welcome to the Utonhack 2021 channel, here we'll be posting important announcements and information during the competition.

Join hackathon official group to communicate with organizers and participants:https://t.me/+BG28HOSCSn81N2Fi
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⚑️Welcome to Utonhack 2021, the official hackathon for the Clover blockchain!

The Clover community is looking forward to the start of its 3rd online hackathon dedicated to allowing developers to experiment and use the Clover blockchain to create projects covering:
πŸ’Ž DeFi
πŸ’Ž Gamefi
πŸ’Ž Digital art/collectibles
πŸ’Ž and everything in between

We are gathering a wide range of specialists from all over our community for another contest for as many as five prizes with a prize pool of $40,000!

It's so wonderful that once again the upcoming hackathon will bring together the best IT specialists and leading industry experts. We are sure that all of you are open to communication, open to new ideas and suggestions

Create or integrate an application, platform or tool on the Clover blockchain to join the hackathon.

Teams that have submitted the most innovative projects and proposals receive funding in the amount of πŸ’΅$8,000, an affiliate program from sponsors and much more.

Join hackathon: https://utonhack-2021.devpost.com
Hello hackers! πŸ˜€

For a long time, the crypto industry has been watching with anticipation the Bill on cryptocurrency, which the πŸ‡ΊπŸ‡Έ US Central Government finally intends to submit for discussion in Parliament already during the current Winter session of 2021.

πŸ€” This bill is one of many items in the list of bills that will be submitted to Parliament during the Winter session. Last week, confusion and panic gripped the crypto market in India, as the wording of the description of the bill on cryptocurrencies in the list was the same as last year. The bill repeated the intention of the US government to ban private cryptocurrencies. But it is still not clear exactly what the government means by the term private cryptocurrency.
Edul Patel, CEO and co-founder of the Mudrex crypto investment platform, currently trades more than 11,000 cryptocurrencies on exchanges. There is no clarity about what the government means by private cryptocurrencies. Cryptocurrencies such as bitcoin, ether and other cryptosystems are available on centralized and decentralized exchanges. However, all these cryptosystems are created by developers or companies, not governments.

⬇️ And here are some more little news for the last: ⬇️

❗ India has no plans to recognize Bitcoin as a currency.

❗ The CFO of Celsius has been arrested on charges related to his former job at Moshe Hogeg's firm.
πŸ‘‹Hello hackers!

⚑Ethereum has grown by about 5% in the last 24 hours compared to the unchanged performance of bitcoin. Bitcoin's market capitalization relative to the total cryptocurrency market capitalization or dominance ratio has declined by about 10% over the past two months to its lowest level since September. The decline in BTC dominance reflects the recent superiority of alternative cryptocurrencies (altcoins).

Bitcoin against the dollar, fell by 1.51% on Tuesday. Canceling the gain at πŸ’΅$58,897 (0.89%) compared to Monday, Bitcoin ended the day at
πŸ’΅$56,966.

⬇️Now Bitcoin and Ethereum are trading in different directions⬇️
Bitcoin (BTC): 57,622 US Dollars, -1.0%
Ethereum (ETH): $4661, + 5.4%

In general, trading conditions on global markets were unstable after US Federal Reserve Chairman Jerome Powell suggested that monetary policy could tighten faster than expected, which is potentially negative for speculative assets, including cryptocurrencies and stocks.
Despite the short-term price fluctuations, some analysts remain optimistic about bitcoin.

"As BTC hopes to close November below the expected target of $60,000, investors are optimistic that the cryptocurrency will repeat the historical trend of ending the year on a stellar bullish note," is a quote from Nikita Rudeniy, co-founder of asset management firm 8848 Invest, which he wrote in an email to CoinDesk. He assumes that by the end of the year, BTC trading will amount to $70,000.😲

Other analysts have pointed to alternative Bitcoin options activity as a cause for concern.πŸ€”

❗Yet after months of industry consultations, the Australian Securities and Investments Commission (ASIC), the securities watchdog, has given the green light to the long-awaited spot exchange-traded funds (ETFs) in the world's two largest cryptocurrencies, Bitcoin and Ethereum.

❗According to the latest data, the Bitcoin network now handles a larger volume than the online payment giant PayPal.

Figures from the analytical company Blockdata show that the Bitcoin network processed an average of $489 billion per quarter in 2021, compared to PayPal's average of $302 billion per quarter.
Forwarded from Π•Π³ΠΎΡ€
Dear hackers!😊

I would like to remind you that if you have any technical questions, you can contact our specialists in the telegram ➑️ @Utonhack
Hello hackers❗

Today you will find a series of posts about NFT art

It's hot in Miami β˜€οΈ
After all, the producer of electronic music Deadmau5 and the rock band Portugal. The man 😎 is looking for non-interchangeable tokens (NFT) instead of music streaming services dominated by platforms like Apple Music and Spotify to sell their next platinum record.

Their new track 🎢 "It's OK" 🎢 is being sold exclusively as a collection of 1 million NFT, and the tokens will go on sale on Thursday.

About 250,000 of these NFTs will be sold at the festival
Art Basel in Miami at a price of πŸ’΅ $ 1.29 per piece. The remaining NFTs will be sold as separate and related units, and will be accompanied by additional rewards.
😲 What are they? The musicians have not announced this yet.

From concert ticket sales to music streaming and NFT marketplaces, artists have used digital collectibles where creators can continuously reward their token holders after making an initial purchase.

Recently, Deadmau5 has been involved in numerous cryptocurrency-related projects, supporting DAO music streaming, as well as a physical NFT installation with artist Gregory Siff at the Colorado Music Festival in November.
Trading volume and prices for some NFTs have risen sharply πŸ“ˆ

Digital works of art "Bored Monkey" and "Cyberpunk" - two of the most popular and expensive NFT - are sold at a price of more than πŸ’΅ $ 400,000 each. Some NFTs have been sold for millions of dollars, including a record πŸ’΅ $69 million paid for the work of the artist Bipla in May 2021.

At least three of Warhol's works will be sold as NFT from December 4 via the website Budja.io . One of them is Campbell's soup silkscreen on a 1982 T-shirt priced at πŸ’΅ $125,000. Another one is a 1980 "Art" T-shirt for $95,000. The third is Volkswagen silkscreen printing. Beetle on canvas 1977, price πŸ’΅ $ 600,000.

"We create tokens that represent real art," said Rudolf Budja, an Austrian gallery owner who sells NFT. "We want to create an NFT for every piece of art."

➑️ However, buyers will not own the full version of Warhol if they buy an NFT or even accumulate all the NFTs going on sale. Each NFT represents a 1/1000 share ownership. Budja sells 499 tokens and keeps 501 pieces for himself, which gives him the right to own works with a 51% share.

➑️ Nevertheless, according to Buji, the tokens will give some rights to display art on the Internet - say, on someone's Twitter. Instagram feed or website. "Collectors can put their work in a virtual room, like in a 'metaverse', where you can have your own gallery," says Buja.

πŸ’₯ We see both musicians and artists willing to experiment with blockchain to undermine industry standards πŸ’₯
Hooray, Dear hackers! πŸŽ‰

We've reached the deadline.
Already on December 10, we will see the results announced by our judges. It remains to wait quite a while.
Hello dear hackers!😊

Last week, crypto enthusiasts and venture capitalists gathered in Miami Beach, Florida, during one of the world's major art events. For the first time, several NFT exhibitions were presented at Art Basel Miami. But the city also hosted more than 200 other events that focused on the technology behind these digital collectibles.

Musicians, artists and celebrities are demanding the launch of NFT. It's a way to own content that has historically been easy to reproduce online.

JPMorgan's latest estimates put the revenue of the new asset class at roughly πŸ’΅ $2 billion a month, up from πŸ’΅ $400 million in January. An analysis conducted by DappRadar shows that the volume of NFT increased sharply by 38,000% compared to the same period last year to πŸ’΅ $10.7 billion in the third quarter.

"Of course there's a lot of hype around," said Mike Shinoda, musician and co-founder of the band Linkin Park 🎸, which released a new mixtape NFT this week. "Most people think there is some version of a bubble. But most of us who are in space think that regardless of whether it goes up or down, it's something new to stay in some version of yourself "young man

Some technology investors see blockchain as the next wave of the Internet 🌐, calling it "Web 3.0".

Adam Judd, head of cryptocurrency at LionTree, said: "As soon as the average person feels as comfortable buying NFT as they do buying coffee, the rest of Web 3.0 will win."
Dear hackers! Good day to everyone β˜€οΈ

On November 14, the trading platform of non-interchangeable tokens (NFT) based on Tezos, Hic Et Nunc, which means "here and now" in Latin, suddenly closed. Artists are worried about their NFT.
Diane Drubay, founder of We Are Museums and creator of NFT at Hic Et Nunc, who led a panel discussion at Art Basel Miami, commented on this: "Of course, the closure of Hic et Nunc was a shock to me, but people immediately perceived it as a new step in their journey. Because when the website closed, our NFTs were saved online, nothing was lost, and artists could safely continue to make a living with their NFTs. We saw mirrors or new versions of HicEtNunc.art that opened just a few hours later, which provided artists with the necessary support to continue selling and buying by exhibiting NFT. The community is now self-organizing to create a decentralized autonomous organization (DAO) to continue experimenting with decentralization in Web3."

The NFT exhibition "Ethereal Aether" is currently taking place at the Hermitage (from November 10 to December 10), and the NFT exhibition "People + Machines: NFT" and "the constantly developing World of Art" (December 2-4) has already ended at Art Basel Miami.

The Hermitage's "Ethereal Aether" consisted of 36 NFTs from around the world, including "ryptopunk #5652" by Larva Labs, "Schrodinger's Cat" by CryptoKitties Dapper Labs and "Neopyongyang I" by Mihai Grecu, minted on Hic Et Nunc.
The curators of this event, πŸ‘¨β€πŸ’» Dmitry Ozekov and πŸ‘©β€πŸ’» Anastasia Garnova, spoke about their opinion on this matter: "Interest in digital art intensified during the COVID-19 pandemic, when millions of people stayed at home for months and museums were closed. The first NFT exhibition will mark the beginning of the creation of the "Heavenly Hermitage" - a new museum in the virtual noosphere, which in the future will be transformed into a digital branch of the real museum. We are confident that the field of digital art, in particular NFT, will develop in incredible ways, and that a great future awaits it - safe, smart and exciting."

Guggenheim Partners co-founder Todd Morley has announced plans to create the world's largest museum dedicated to NFT in a huge skyscraper located in πŸ™οΈ New York, just four blocks from the Museum of Modern Art.
Have a good day hackers!πŸ‘‹

This year, NFT were the biggest revolutionaries in the art world: artists engaged in coinage, exhibitions and auctions, and investors bought, sold, traded and invested. Nash Islam, one of the first contributors to NFT, said, "For NFT, community action mostly happens on Twitter and Discord." He also added:
"Investments in Pak in several projects have yielded huge multipliers, and also helped us understand and establish some principles for NFT investments."

Even Damien Hirst, the richest living artist in the United Kingdom, launched an NFT series called "Currency" this year, exploring the nature of value, art and currency. It was minted on Palm, an NFT platform operating as an Ethereum sidechain, and put up for sale through Heni at a price of πŸ’΅ $2,000 apiece.

Artist Ilya Shkipin, decided to mint his MonarxNFT series on the energy-efficient Tezos NFT open source platform.
Many major participants are entering the NFT space to transform the Metaverse, including:
➑️ Companies: TikTok, Twitter, Facebook, Alibaba, Tencent, Xiaohongshu, NetEase, Baidu, Microsoft and eBay.
➑️ Fintech companies: The Chinese blockchain-based service network, which will support the future digital currencies of central banks from different countries, has launched an infrastructure to support the deployment of NFT in China and other countries.
➑️ Cryptocurrency trading platforms: Coinbase and Binance NFT, where the first non-interchangeable Hermitage token was sold.

A study conducted by the International Council of Museums (ICOM) showed that as a result of the COVID-19 😷 pandemic, more than 30% of museums were forced to reduce their staff, and almost 6% of museums may never be able to open to the public again. But the digitization of museums is happening very quickly, and some museums are switching to NFT for various reasons.

Three of the 20 largest museums in the world - the State Hermitage Museum in St. Petersburg, the Metropolitan Museum of Art in New York and the British Museum in London - turned to NFT to raise funds this year. Other examples include the Uffizi in Florence, the Whitworth in Manchester, the San Roque Museum and Church in Lisbon, the Kansong Art Museum in Seoul, the Broadcasting Museum in Chicago, and the Academy Film Museum in Los Angeles. There is even an NFT of an entire museum located in the Metaverse, called the Museum of Digital Life.
Hooray, hackers! πŸŽ‰

So, our Hackathon has come to an end.
This marathon was long, and everyone tried to take prizes. It was difficult for our jury to choose the winning teams. Please note that the jury evaluated only projects that meet all the requirements and rules of the hackathon (primarily those built on Clover). In this regard, we have only four winners. It's a pity.

However, we will not delay. We present a list of winning projects:

➑️ 1. "Hiding pot". This project received as much as 6.6 points from the judges.

➑️ 2. "Clover Auction" is in second place. The judges gave 5.5 points.

➑️ 3. The project "EACS Trading Platform" received 4 points.

➑️ 4. "Clover Analytics". 3 well-deserved points from the judges and the victory is yours!

Congratulations! You are the winners.
I would like to thank all the hackers who participated in the Hackathon of 2021. It was unforgettable. We wish you new achievements.

And finally, to our winners. For more, more detailed information and to receive your prizes πŸ’Ž, please contact @Arkha_light πŸ‘©β€πŸ’»
Hello Hackers!

We invite you to the closing ceremony of the hackathon. Congrats from sponsors and organizers, performance of winners, a lot of bright and unforgettable moments and impressions are waiting for you.

We will definitely wait for you!

https://youtu.be/otD_6q7M75Q
Have a good day hackers! 😊

On Wednesday, 🏦 SEBA Bank, a licensed Swiss banking platform for digital assets, launched a regulated digital token backed by physical πŸ’Ž gold πŸ’Ž and subject to exchange for delivery.
In other words, the design of the gold token has similarities to gold standards, where fiat currencies are supported by their ability to be exchanged for physical gold in addition to the faith entrusted to the governments that issue them.

Guido Buehler, SEBA Bank CEO, says: β€œGold plays a major role in the capital markets. With a market cap of over $11 trillion, it offers investors a reliable hedge against inflation and a store of value irrespective of economic turbulence”
Hello and happy New Year hackers! πŸ₯³

πŸŽ„ The year 2021 is coming to an end and the new year is coming soon. What heights do you think the crypto industry will reach in the new year?πŸ€”

To make it more interesting, let's take a look back in the past. During 2020 and 2021, the number of unique crypto wallets increased by about 20 million per year, as a result of which today their number is about 80 million. This means that in just two years the number of people involved in the space has doubled. Just think about it: that's more than 1% of the world's population! 😯

So many new things have happened and appeared in recent years.
Has DeFi started competing with commercial banks? Will publicly traded companies transfer their shares to decentralized systems? 🧐

One thing is for sure-mass adoption is definitely gaining momentum, especially given that blockchain and Bitcoin, in particular, have reached a new level of legitimacy in the eyes of investors, banks, corporations and entire nations.
πŸŽ‰ Happy New Year hackers!πŸŽ‰

May this year 2022 be better than 2021
The Clover team congratulates everyone and wishes new achievements and successes! ☺️