Join Zulti for a Free $37 Solana
Zulti is a free Solana USDT giveaway numbers draw games that has been around for quite some time now and has been paying consistently to users who meet up the requirements for the giveaway. The requirements are not that difficult, just a selection of numbers to enter draws everyday to earn points and level up to claim winning. The most interesting part of it is that you receive a $10 welcome bonus as soon as you join. The money is withdrawable once you reach $37 after collecting winnings for a few days depending on how lucky you are.
https://zulti.com/?r=XA7RE9TG63
Check it out from the link below and don't forget to invite your friends to this amazing money making opportunity.
Zulti Giveaway https://zulti.com/?r=XA7RE9TG63
https://zulti.com/?r=XA7RE9TG63
I was hoping this place could be revived. It seems like nobody is active here anymore. Feel so sad😞
Leodex: A Multichain Decentralized Exchange with a Social Network that Pays for Engagement
The cryptocurrency world is growing into more than a place to buy and sell tokens. Today's traders and investors want more than to just trade crypto. They want multi-chain transactions that are seamless, they want community, and they want to be rewarded for everything they do on the platform. While many other platforms only provide one or two of these needs, a new player has entered the space that combines all three of these needs along with major earning potential.
Leodex is an innovative decentralized exchange built on the Maya protocol. It is the newest product from INLEO (a social media platform on the Hive blockchain) that combines a user-friendly platform for swapping tokens, with an easy platform to earn generous rewards and access to a social community. https://leodex.io/?ref=24567
The primary function of Leodex is to swap tokens through the multi-chain facilities that they provide. This eliminates the need to use a bunch of different exchanges, or messy bridges to move coins between random chains. But this is where Leodex offers a unique value proposition with their superior reward system.
Users of Leodex can earn the ecosystem's native token - LEO, through several ways. One of the more exciting ways, for traders especially, is the airdrop program for LEO tokens. When users reach designated swap levels on the Leodex platform, they qualify for an airdrop of LEO tokens automatically. This provides the ordinary trader the opportunity to gain LEO tokens for free, as it incentivises using the platform with very clear incentives based on the level of trading. Importantly, 100% of all swap revenues is used to buy back Leo tokens from the open market making tokenomics sustainable for everyone who holds the token.
Leodex also has a robust referral program. With this program users are compensated for onboarding new users to Leodex. Therefore, everyone wins. New users get money to trade with the platform, and the referrer wins because they can commission for each standard swap by the user they refer. This creates a strong community without limits and the growth of the platform for every individual involved in the referral program. https://leodex.io/?ref=24567
And if trading and referring is not enticing enough, Leodex offers appealing DeFi staking. Users can stake their LEO tokens for USDC rewards. For everyone who participates, these benefits help ensure at least one steady stream of passive income in the form of stable cryptocurrency (USDC).
The social aspect of Leodex is another layer with LeoThread; it's like X (previously Twitter) where users can post, share, converse, and network with other people in the crypto sphere. The platform also has a blogging section for users to post and share longer pieces of content.
The utility of the social component is that you're rewarded for using it. Users shall receive rewards in accordance with the meaningful interaction with other users in the community. This might be when one of the users posts a short update, shares insights, or a longer blog entry. What you do on the platform matters, and the rewards recognize that.
Leodex is decentralized, meaning that you remain in complete control of your assets, with no central authority that could limit or block your assets, which is true ownership of crypto holdings. https://leodex.io/?ref=24567
The platform addresses several pain points in the crypto space. Much like other applications, the platform provides a multichain swapping platform with an accompanying social component, staking rewards, airdrops, and a referral process. The platform offers a pathway where users can take care of their trading purpose and also have a community engagement platform.
Leodex provides an exciting opportunity for crypto users who want to have a unified trading experience. It creates a community-based experience that gives users the benefits of a productive multichain DEX (decentralized exchange), the advantages of a rewarding social network, and the possibilities of earning income from trading, staking, referrals, and airdrops, whether they be crypto airdrops or other promotions.
Start by making a small transaction just to get to know the platform and what features it has. Although Leodex experimented with the user experience to help users before they begin, taking the time to really know its functionality will help you in the long run to maximize your ability to earn across all avenues of reward opportunity.
Leodex is the new evolution of decentralized exchanges, where effective trading meets a social community with a multitude of options for rewards. The fusion of a multichain DEX, rewarding staking for trading options in the marketplace, social components (Web 3 and Web 2 characteristics), a referral for users (potential income), and airdrops of crypto rewards for trading creates a network ecosystem that gives the added value of something more than just token swapping. https://leodex.io/?ref=24567
Meet Tredix, an AI Chatbot that Pays for Chatting and Generating Images
So I have just found something fascinating in the AI world that I had to share, and I guess most of us are quite familiar with all sorts of AI chatbots and image generators, but it turns out there is one that also pays you if you use it.
MeetTredix, an AI platform on something named Timeless, that has so seriously flipped the script on how AI platforms work. Instead of being just another free-to-use AI platform, Tredix offers its users cryptocurrency for every interaction. In other words, you get crypto for talking to the AI and making images. https://trendix.in/auth/signup?referId=505163
What initially caught my attention was the simplicity of it all. Just like any other AI chatbot, you can ask Tredix anything and get an instant answer. Want to generate images? You tell the AI what you are looking for, tell them what style you are looking for, and the AI recreates whatever it wants for you. Here’s where all that gets interesting - every time you do one of these things you make rewards in two forms of cryptocurrency: Solana tokens, and the platform’s own native token called $TRDX.
The platform is designed and built with a decentralized architecture, so you will need to set up a Solana wallet in order to collect your rewards (where your tokens will be securely stored as you use the platform).
I find this quite interesting due to the fact that this isn't just another AI tool, it's a tool that recognizes and rewards user engagement which means that either you are uploading an image to your blog post, a question and just exploring what AI can do for you, you are earning crypto whilst doing it.
This discovery feels like something in the back of a shark’s mouth in an ocean of artificial intelligence platforms. These days where AI tools are being taken to a much wider and much simpler level, Tredix brings something truly new, you can earn while creating and seeking information.
I am posting this because I think it is an interesting concept to consider in terms of how AI platforms might evolve and it is not just about using AI it 's about getting rewarded for being a part of the AI ecosystem.
Article appears first oninleo https://img.leopedia.io/DQmSTa5qSomri3idpLV931VJ9Bo4wWiz1esFA6oJNJ7tYDb/1000084135.jpg%20%20%20So%20I%20%20have%20just%20found%20something%20fascinating%20in%20the%20AI%20world%20that%20I%20had%20to%20share,%20and%20I%20guess%20most%20of%20us%20are%20quite%20familiar%20with%20all%20sorts%20of%20AI%20chatbots%20and%20image%20generators,%20but%20it%20turns%20out%20there%20is%20one%20that%20also%20pays%20you%20if%20you%20use%20it.%20%20Meet%20%20%5BTredix%20%5D%28https://trendix.in/auth/signup?referId=505163) , an AI platform on something named Timeless, that has so seriously flipped the script on how AI platforms work. Instead of being just another free-to-use AI platform, Tredix offers its users cryptocurrency for every interaction. In other words, you get crypto for talking to the AI and making images. https://img.leopedia.io/DQmPVwT5Hx4vge6pYCH6TqS7yURiVL9paqQGTeBK5RAnQcT/1000084134.jpg What initially caught my attention was the simplicity of it all. Just like any other AI chatbot, you can ask Tredix anything and get an instant answer. Want to generate images? You tell the AI what you are looking for, tell them what style you are looking for, and the AI recreates whatever it wants for you. Here’s where all that gets interesting - every time you do one of these things you make rewards in two forms of cryptocurrency: Solana tokens, and the platform’s own native token called $TRDX. https://img.leopedia.io/DQmQb7PfxPGAQuqd3Up3zuqkYTJaUXP1iEBZW5gS2hU3FRC/1000084137.jpg The platform is designed and built with a decentralized architecture, so you will need to set up a Solana wallet in order to collect your rewards (where your tokens will be securely stored as you use the platform). I find this quite interesting due to the fact that this isn't just another AI tool, it's a tool that recognizes and rewards user engagement which means that either you are uploading an image to your blog post, a question and just exploring what AI can do for you, you are earning crypto whilst doing it. https://img.leopedia.io/DQmRhc4ADAnNb27SR44EbpQ69cmWYN9ercUWpxarbB5ajBq/1000084136.jpg This discovery feels like something in the back of a shark’s mouth in an ocean of artificial intelligence platforms. These days where AI tools are being taken to a much wider and much simpler level, Tredix brings something truly new, you can earn while creating and seeking information. I am posting this because I think it is an interesting concept to consider in terms of how AI platforms might evolve and it is not just about using AI it 's about getting rewarded for being a part of the AI ecosystem. Posted Using [INLEO](https://inleo.io/@thelastdash/meet-tredix-the-ai-that-pays-you-to-chat-and-generate-images--ewf)
For the past 3 years, we have been on this space looking for an alternative blogging platforms that can recreate the potential read.cash used to have, but unfortunately, there has been no one platform that can match that.
Hoping for some revival here soon.
Searching for success on the Blockchain and Web 3
I have always been a lover of Blockchain, Web 3 and cryptocurrency for a long time now, and as far as wanting to profit from these systems I have been more of an unarmed militant, because, not having technical skills or being a developer, I do not feel as capable as many others on this space.
My way of engagement and striving to achieve success has been through dissemination of information, via blogging on a daily basis. I have tried in the past to team up with some people who are more tech savvy than I am to implement some promising projects in the past, but often felt left behind and become demotivated. I only have to settle for blogging which is more convenient for me to do.
Being someone living with disability, it was hard for me to compete in the labour market for a job after graduation from university. The Blockchain and Web 3 therefore become my only hope of making a living. This is what I have been doing for over 6 years now. Throughout these years I have looked for a way to get ahead with my family. My family is small: my wife, my 3 kids and I.
In this search, I have had mixed luck: either things have gone very well or they have gone very badly. And as the nature of crypto is, every time things are going well, and I am making plans to upgrade my living conditions something bad happens to me. It's either the crypto market crashed or my wallet got hacked. I have experienced wallet hacking about two times with my crypto assets taken away without a trace.
Nevertheless, I keep pushing on this path and not falter in my attempts to have a more peaceful life. I do not dream of great luxuries but of being able to feel peace inside and outside myself and my home. For me, that is true success and it is my ambition.
That is why I continue to push myself as much as I can, with the desire to be able to raise funds to start a small physical business that can feed my family, so that there will be less reliance on my online grinding revenue which has never been enough in the first place.
While being at that, I continue to have setbacks that do not let me sleep at night. I have become a more closed person and have no friends to share my concerns with. My wife has been sick for sometimes now, and I have only looked for a way to get ahead and overcome the great crisis that many Nigerian graduates without jobs have experienced.
My driving force in life is my wife, she is my only pain, not being able to take care of her as I should, not being able to comply with her medicines or various treatments that she must undergo, even I have days when we have not been able to buy adequate food at home, and I cannot even think about ulcer treatment. The only solution has been to go to the medicine store to get some drugs without proper diagnosis of the ailments. To be honest, this is what made me panic and feel helpless, because, since I got married, my wife has always been there for me and the family. She has played the role of a mother and a father in my neither my brother nor I can do the same. Forgive me if I am venting, but thank you for reading.
With much respect and humility, I invite you to support me in any way you can, to be able to get ahead, to feel useful and also to be able to find meaning in this life. I have not yet lost the dream of achieving success on the Blockchain and Web 3, but it will come as I manage to improve myself. I am also open to any kind of digital work that can be paid especially content writing, I have experience as a community manager and making small advertising designs from Canva.
That's all for now. Thanks for reading.
Just saw some payment here, wondering who paid me.
Join INLEO and Earn Crypto Steadily
If you are not yet using the Inleo microblogging platform, you are missing out. Inleo is revolutionizing how a Web 3 platform should work. https://inleo.io/signup?referral=thelastdash
You could earn up to $10 daily in crypto for making threads and engaging on the platform. The biggest fish of it all is the referral program that pays up to $56 per person referred.
This is an opportunity you won't want to miss. Check it out from the link below, and don't forget to thank me later.
https://inleo.io/signup?referral=thelastdash
Maximizing Your LEO Stack through the Inleo Referral System
Recently, the topic of referrals on Inleo has come up quite a number of times on the thread, and like me, I know that some of us newcomers must have jumped on it without a proper understanding of how the system works. Everyone wants to make the most of the platform, and the referral system looks juicy for someone to ignore. The good thing about it is that we are all working to bring value to the platform by bringing in new users through the referral system.
I have taken my time to go through the referral system to understand how it works, and with what I learned, the referral rewards are mostly activity-based. This means you won't get the rewards unless your referrals actually become a part of the community by being active. This is actually brilliant because it ensures genuine engagement rather than empty signups.
That underscores the fact that nobody can game the system. Whether you got a million referrals or not does not have much effect on the rewards you get to earn, what really counts is how active those referrals are on the platform. It's like having a garden - quality plants that grow are better than thousands of seeds that never sprout.
Getting referrals can be a hefty task to many, while to others it's as simple as lifting a finger. The disparity here is the type of person you are and the type of associates or friends you have. That being said, it is necessary to know that except your referrals stay active you won't get any reward. This is why it's crucial to target people who are likely to engage with the platform regularly. The referral reward system on Inleo is based on how active your referrals are on the platform.
Though no one can actually be able to monitor their referral activities except those who you know personally, the Inleo referral system is something that's worth looking at as an additional but easier way to make the most of this platform. Think of it as passive income that grows with community engagement.
From the look of it, the referral system is a gold mine in my opinion, a medium to grow your LEO stack from behind the scenes. With up to $50 per person you refer, this can be an opportunity for everyone to achieve their goals, especially for the new users. The potential here is significant if approached strategically.
I have personally taken a keen interest in the referral system and have started making the move to take advantage of the opportunity. I have gone to look for Inleo graphics materials and also thinking of making some by myself as I intend to promote the platform on social media platforms like Facebook, WhatsApp groups and status, Instagram, and any other social media platforms I have an account on. This multi-platform approach maximizes visibility and reaches different audience segments.
For those who don't know how the Inleo referral system works, let me make a breakdown for your quick perusal. The structure is quite straightforward but rewards consistent engagement:
When a user signs up for Inleo using your link, you are entitled to:
• 10 Leo tokens for signing up
• 5 Leo for the first thread
• 10 Leo for 10 threads
• 50 Leo for 100 threads
• 100 Leo for 1000 threads
That's not all, long-form posts also bring in referral rewards:
• 10 LEO for the first blog post • 25 LEO for 10 Blog Posts
• 100 LEO for 100 Blog Posts
Other referral benefits include:
• 100 LEO if your referral subscribes for 1 Month of Premium
• 500 LEO reward for 1 Year of Premium
What makes this system more attractive is its sustainability, as long as your referrals stay active on the platform you will continue to earn. One thing to know is that these rewards can be huge in the long run when you have multiple active referrals. The key is to focus on bringing in people who will genuinely participate in the community rather than just chasing numbers.
Keep in mind that with this referral program, it's not a question of quantity but of quality. Each active referral is potentially a long-term source of rewards and thus will be worth taking the time to find and activate the right people who will do well in the Inleo ecosystem.
So, if you're considering diving into the referral system, take the time to understand it fully and approach it strategically. Bring value to the platform with quality referrals and let the rewards follow.
Interested in joining us on Inleo to take part in this referral boom?
Follow the original post link below and sign up using the keystore option for quicker access.
https://inleo.io/@thelastdash/maximizing-your-leo-stack-through-the-inleo-referral-system--hwn?referral=thelastdash
Where is BCH in this new crypto equation? BTC is heading to 100K
Holy Moly! Can Tronkeeper wallet really pay all this money?
Tronkeeper is a mini bot crypto wallet with a mouth watering in-game reward that is set to be launched on telegram and Ton Blockchain. https://t.me/TronKeeperBot/app?startapp=1049401474
Ever wondered if a crypto opportunity sounds too good to be true? Today, let's talk about Tronkeeper wallet, a fascinating new development in the crypto space that's raising both hopes and eyebrows.
Tronkeeper wallet is an upcoming mini bot crypto wallet that's preparing to launch on Telegram and the TON Blockchain. What makes it particularly interesting is that it's designed to serve as a bridge between the Tron Blockchain and TON Blockchain. https://t.me/TronKeeperBot/app?startapp=1049401474
During its pre launch phase, they've introduced a gameplay element that's caught everyone's attention - they're claiming users can earn real USDT. Unlike other telegram mini airdrop tapping games, this one's remarkably simple. All you need to do is tap and hold the USDT symbol for 30 seconds to claim a $0.25 reward, which you can do three times daily. Want to increase your earnings? You can boost your hold numbers by inviting others through your referral link. The referral system also rewards you with TRX, which you can withdraw once you reach just 5 TRX.
I've been using the Tronkeeper wallet mini bot for three weeks now, consistently doing my daily three holds to claim rewards. My reward balance has grown to over $83. According to the wallet's information, USDT rewards will become available for withdrawal on January 1st - that's 44 days from now. https://t.me/TronKeeperBot/app?startapp=1049401474
Here's where things get interesting - and potentially concerning. The game has attracted over 6 million players. When you crunch the numbers, considering how many people are involved and the daily accumulation of rewards, you have to wonder: will they actually be able to pay everyone? It's hard not to worry if this might turn out like other projects that ended up wasting people's time and resources.
The numbers are staggering - we're talking about potential payouts running into billions of dollars for over 6 million people. Where would that kind of money come from?
But there's more to the story. The wallet also features a mining component for their token, scheduled to be listed on the same day as the wallet launch. The mining aspect requires investment and includes features like boost and level upgrades for higher income. You'll need a minimum of 1 TON to start mining, which offers a fixed $2 to $4 mining reward in their token, Tronax.
The mining process mirrors the USDT hold rewards - hold the mining symbol for 25 seconds to claim 1 million Tronax tokens, which they value at $1 according to their information. As we speak, people are actively investing and mining, clearly excited about the potential returns.
The simplicity of the whole system and the massive amounts of money involved make it hard not to be skeptical. Can they really deliver on these promises? The sheer scale of potential payouts is mind-boggling.
That said, compared to other airdrop games on Telegram, this one doesn't demand much of your time. While nobody can guarantee if they'll actually pay out, the minimal time investment might make it worth a shot. If they do follow through with payments, some people could see significant returns.
Remember, in the crypto world, it's essential to approach opportunities like this with a balanced perspective. While the potential rewards are tempting, always be prepared for any outcome. As they say, only time will tell if Tronkeeper will make good on its promises, but if it does, some lucky participants might just hit the jackpot.
Would you want to try the Tronkeeper wallet ? Hit the link below to check it out for yourself. https://t.me/TronKeeperBot/app?startapp=1049401474
Article first published on Hive by me. https://inleo.io/@fexonice/tronkeeper-wallet-can-they-really-pay-hh4
Hello guys, have you heard about the new telegram meme coin airdrop "Dog" coin?
The airdrop qualification is quite simple. No task, tapping or something else. It reward you based on your telegram account age. The longer your telegram account has been, the higher the coins you will receive instantly.
Check it out from the link if you interested.
https://t.me/dogshouse_bot/join?startapp=Z8bPpIoGQ3uxVe_HqBNXBg
So, Noise.cash is no longer available, I was trying to see if I can retrieve my data from the site and but the site was not to be found.
Telegram: The New Platform for Crypto Onboarding
Twitter and Discord for a long time were the go-to social platforms on which most cryptocurrency projects promoted themselves and attracted new users. However, there is an emerging trend where Telegram has become the new medium for onboarding the increasing number of people interested in crypto.
Telegram provides projects with a huge audience of over 500 million monthly active users who are ripe for discovery. Its built-in features for bots, channels and file-sharing have made it easier to onboard new members into crypto. This blog post explores how projects like Notcoin, Tapswap and Tronix are utilizing Telegram’s capabilities to onboard new users into crypto in an easy way that is engaging. These projects make this platform their entire hub pioneering it as a powerful tool to introduce people into cryptocurrency.
Notcoin Paved the Way by Simplifying Onboarding
Notcoin was one of the early adopters who saw potential for crypto onboarding within Telegram. Through an informative bot, Notcoin explained how their blockchain worked in a simple, interactive way without overwhelming users with technical jargon. Crucially, they enabled participation directly on Telegram where users mined Notcoins and withdrew earnings without needing separate wallets or accounts.
This streamlined process of onboarding took a “Telegram-only” approach. Instead of asking users to navigate foreign crypto interfaces, the users were brought on board through a familiar platform they already use. Notcoin’s success spoke for itself: in just several months, it has introduced more than 100 thousand new users into cryptocurrencies in such a simplified manner.
Following their example, many other start-ups have focused their onboarding campaigns around Telegram too. By doing everything within the Telegram platform natively and thereby allowing for this it was shown that barriers that previously hindered broader crypto adoption can be lowered. As such, they have paved the way for other projects to tap Telegram’s capabilities and simplify the onboarding like they did.
Tapswap is Following Notcoin's Footsteps
Tapswap which is a brand new cryptocurrency project built using telegram as its marketing channel followed suit after Notcoin. Tapswap will launch its “tap to mine” coin on the Solana Blockchain which boasts high performance levels. Funly intuitive bot created by Tapswap allows you to mine Tapcoins directly inside Telegram.
And true to its name, the whole process simply involves repeatedly tapping your screen while watching your coin balance grow over time. Similarly as with Notcoin there are no separate wallet registration or crypto experience needed yet. It is also possible that people who have never worked with digital wallets before gain access through them.
Many people have been fascinated by this new “tap to mine” system. It is a viral thing- I once saw a woman who sells products in the market tapping away between customers! Many of my contacts over the last two weeks alone have become Telegram members just because they wanted to join Tapswap.
Now, I see everyone around me tapping as well. This has made users share their experiences and high scores with others so that more people can join. The number of daily active users on Telegram has been growing steadily since Tapswap got introduced to the general public through this mind blowing way of theirs.
Tapswap makes crypto easily accessible for new entrants and enjoyable too, making it a good example of how projects can engage mass audiences into blockchain using the user-friendly nature of Telegram. The fact that it’s expanding virally demonstrates the potency associated with this approach which is simple.
Tronix Following the Telegram only Model
Tronix is another project that uses Telegram for onboarding. The Tronix project, like Notcoin and Tapswap, enables users to mine TRX and SHIB tokens directly through a Telegram bot in the familiar interface of Telegram. In this way, Tronix has been using this telegram-focused approach for some time now to allow its users to mine and withdraw tokens with ease.
Although it is free to mine on the platform, Tronix also has an option in which you can boost your account by increasing mining speed to earn more rewards. For instance, you can increase the mining process by paying 100 TRX which can either be paid from mining profits after earning enough or bought separately at an external exchange and then deposited into the Tronix app. It is similar to Tapswap except that boosts on the latter are paid for with coins earned through mining rather than an outside currency such as TRX.
Tronix is another demonstration of how the platform makes it simple to introduce people to crypto by replicating the Telegram-only onboarding model, which has proven so effective in attracting users. Hosting the entire process within Telegram streamlines the experience for newcomers in a seamless, accessible way.
Conclusion
Telegram’s role as a force in onboarding cryptoc newbies is evident from projects such as Notcoin, Tapswap, and Tronix. The platforms have simplified the introduction to cryptocurrency through a complete mining and transactional experience natively built upon familiar telegram platforms.
It is an undeniable fact that no other platform can be said to have succeeded as much in reducing entrance barriers to crypto. People can get their first exposure to blockchain ownership and trading capabilities in their every day app usage. The lower the learning curve makes it easier for newbies to enter into the world of Cryptocurrency.
Nigeria Government Takes Binance to Court
The Nigerian government is not taking it easy with the Binance representatives arrested in the country last month. Recent news report claimed that the government through the Economic and financial crime commission ( EFCC) has charged Binance through its arrested representatives to court on the allegations of money laundering and foreign exchange violations. Binance representatives Tigran Gambaryan and one other executive were accused of being involved in a cross border illegal movement of funds worth more than $35 million through the Binance platform.
The court documents presented to the court by the EFCC official alleged that from January 2023 to January 2024, Binance has helped some Nigerian criminals launder the proceeds of their unlawful activities through its crypto trading platform in Nigeria. Moreover, the anti graft agency further claims the Binance representatives engaged in unlicensed foreign exchange activities and do not reveal the source of the funds.
Last week, the EFCC intended to arrange the Binance two executives in court. The plan was hindered when Gambaryan’s lawyer disputed, insisting his client was not officially assigned as the company’s agent. Yet prosecutors persisted that, following meetings with Nigerian official, Gambaryan acted as the de facto Binance representative.
Justice Emeka Nwite is expected to decide whether the defendant could have legally accepted service for Binance. But a check on Gambaryan’s affidavit shows where he declared he visited Nigeria as Binance’s representative, therefore Justice Nwite designated the defendant Binance’s local agent.
However, following the judge’s ruling, Gambaryan pleaded not guilty to the five charges established before the court in connection with himself and Binance. During the hearing, EFCC also asked for a trial date to prove the allegations.
Whereas, Gambaryan’s counsel asked for bail, the court may adequately deliberate on the issue during this month. There is no response from Binance so far regarding the arrest and court case. This issue raises concerns about the operation of cryptocurrency entities which have no physical office and are nowhere to be seen physically.
Will Binance Faced with Stricter Rules in Nigeria?
The allegations against Binance may lead to calls for tighter laws regulating the activities of borderless crypto firms. Should the lawsuit be successful, Nigeria will likely adopt new conditions for crypto exchanges.
Crypto trading platforms are usually internet-based, and each nation does not need separate physical locations. However, the principle means of leaving enforcement gaps, according to regulators. Nigerian authorities think they can plug the loophole in the world’s largest crypto exchange by dragging it before the court.
Furthermore, if found guilty, Binance can face severe fines and local operation restrictions. Consequently, the EFCC will make an example of Binance to caution other crypto exchanges. More stringent know-your-customer and anti-money laundering rules are conceivable.
Nonetheless, exchanges like Binance are more liable to adapt to the law rather than be proactive; though flexibility is preferable to overregulation . Yet, cooperating with local laws allows the emerging markets for enormous crypto adoption. Hence, the threat and opportunities in Nigeria can shape how Binance responds to global compliance.
Alternatively, an acquittal could encourage the exchanges to question the jurisdiction assertions. In any case, a precedent-setting case is being established. Its outcome will determine the scale of the independent operators versus the responsibility in the crypto relationship with governments.
Implications for Nigerian Crypto Users
As in the discussed case, the indictment of Binance leads to ignorance of its Nigerian activities. As with most other exchanges serving the country, the uncertainty remains for their Nigerian user base. No Nigerians can currently deposit or withdraw naira through Binance. They are cut off from using the largest exchange to access global crypto markets and move funds in and out of the local banking system. This has significantly disrupted the experience of crypto investors in Nigeria.
It is apparent that with the sizable Nigerian user base, crypto traders in the country will keep a close watch of the court case to view the success of the case. Meanwhile, the courtroom verdict will determine whether Binance can resolve the issue and be given access to do business in the country again. Nigerian users would have no choice but to keep on trialing multiple platforms since the ban persists. Therefore, the result of the case will sets a leading law on applying borderless regulation to crypto businesses.
Additionally, the outcome could compel other exchanges to weigh business autonomy against notorious access to local regulations, thus shielding users from financial crimes. Both the corporation and traders can be pleased by coherent policies that uphold innovation when continuing the same process in a responsible way.
The article appear first on my inleo profile. https://inleo.io/@fexonice/nigeria-government-takes-binance-to-court-
Congratulations to BCH for a successful halving event. Now, with the upgrade coming in May, BCH is set for a new height.
Top Unique Remote Jobs You Can Do From Home
Anyone interested in starting a remote business or gig from home, does not have to find a place where they can rent and pay for employees.
Some of the most beautiful gigs can be operated at no cost, you can even do it on your mobile phone if you don’t have a computer.
If you are looking for a new gig to start, this article examines some of the most popular gigs in recent times, and how to go about them.
Top Unique Gigs You Can Do From Home
1. Ecommerce store
Ecommerce stores are one of the best remote businesses in recent times. This business can be done from home without ever having the need to leave your house. And in most cases, you do not need a huge investment capital to start the business. Ecommerce business comes with so many options you can choose from, this makes it easier for anyone to succeed in the business regardless of their choice.
Ecommerce business simply means selling goods and services online. You may need a website of your own or sell via online marketplaces that connect to potential buyers.
Etsy is a good marketplace for those who are just beginning in the ecommerce business. Whatever you may want to sell, be it crafts, jewelry, clothing, or cosmetics, if you have a little persistence to sell them, there's a possibility that you can succeed on Etsy.
However, social media platforms like Facebook, Instagram, X and Pinterest are also good venues to promote online stores.
2. Affiliate Marketing
Affiliate marketing is effective, for individuals who have established a media following. It can be an avenue for those, with an online presence. The business enables you to advertise other people's products and services on your social media handles for your audience views.
You get paid in return from clicks or sales made through the products links you shared on your handles. This is a simple way to make passive income on the side along with what you are already into.
If you're running a thriving blog consider teaming up with affiliate programs such as Amazon or eBay to showcase their products in your blog content. To excel in this business, it's essential to promote your blog across social media channels.
While it shouldn't be relied upon as your main income stream, engaging in affiliate marketing can serve as a side gig, for generating passive earnings.
3. Virtual Assistant Job
Virtual assistant is the same as office secretary but in an online environment. People who have worked as a secretary or an office assistant in the past have a higher rate of succeeding in a virtual assistant job.
Being a virtual assistant simply means doing all that an office secretary normally does, the difference this time is that you do it while sitting at home in front of your computer or laptop, with headset and webcam.
Although this job requires higher educational qualifications, that doesn't mean people with lesser qualifications cannot do the job or become successful in it. Nonetheless, experience attracts higher pay in the job. And before thinking of applying for a virtual assistant job, you may need to level up your resume.
4. Social media management services
In today's world, almost every business and celebrity maintains a major presence on various social media platforms like Facebook, Instagram, X, and TikTok for engaging with their followers, fans, users and consumers alike. Handling and maintaining all this social media to keep current and updated regularly can be a challenging job. and it can be worse with the need to consistently produce new content. This is where social media management comes in.
The job of a Social media manager is to manage and monitor social media activity for a client virtually wherever they may be living as long as they have an internet connection. They create content based on their clients specifications, look after all marketing materials, reply to comments and ensure that everything is organized and the social media accounts are updated regularly.
If you think you have the time and necessary skills to work as a social media manager, there are plenty of vacancies available online from reputable companies that could hire you. All you need is to find the best client that meets your preference.
Bottom line
Choosing any gigs requires persistent, flexibility, and patience for you to succeed.
There are many things to take into consideration when taking up a remote job. While starting a remote business can be an exciting experience, it can also be very tough sometimes. Most people give up by how much work goes into building a successful gig from scratch.
That’s why it’s necessary to do a thorough research before taking on a remote job. This will help you to know the strength and potential of the business you are going into and increase your chances of succeeding a new remote business.
Grass: A New Way to Earn from Your Internet Data
The internet data wars are enriching big tech while users see no benefit. Grass promises to change that by rewarding users for their unused data with Grass tokens. Agreeing that big tech profits from user data without compensation, this article will explain how the new Grass browser extension allows users to earn the cryptocurrency Grass from their unused internet activity and take control of their data.
What is the Grass Token?
Grass is a cryptocurrency that will be launching on Solana to pay people for unused internet bandwidth via the Grass browser extension. Initially planned for Ethereum, Grass moved to Solana due to better scaling abilities and lower fees. https://app.getgrass.io/register/?referralCode=SkLWXdTwu1fexRj
Migrating to Solana ensures Grass can achieve the high transaction throughput needed to efficiently process millions of micropayments to users.
Earning Grass tokens allows users to cash out or exchange the tokens on decentralized exchanges for other cryptocurrencies like Bitcoin and Ethereum, or stablecoins like USDC that can be converted to cash.
How Does Grass Work?
To start earning with Grass, users must first sign up on the Grass website to create an account. They will then need to download the Grass browser extension which is currently available on Chrome, Kiwi, and Safari browsers. Once installed, the extension runs silently in the background and shares the user's anonymous and unused internet data with the Wynd Network. Grass tokens are distributed to users based on the amount and value of this shared data. All token distributions are clearly tracked and visible to users. https://app.getgrass.io/register/?referralCode=SkLWXdTwu1fexRj
Benefits of Grass
It's *Ethical*
By prioritizing user privacy and transparency in its revenue sharing model, the Grass network aims to establish new ethical standards for data sharing practices. Grass values data privacy, so it developed a system that allows anonymous data sharing while properly tracking earnings. This balance of privacy and transparency builds trust.
It's *Decentralized*
By operating on the decentralized Wynd Network, Grass avoids the risks of centralized control and ownership of vast user data by only a few major companies.
*It's Democratic*
As a free service that distributes 100% of earnings to all data contributors, Grass empowers every user to participate in and benefit from the new decentralized data economy.
How Much Can You Earn?
According to estimates on the Grass website, the average user can earn approximately $100 worth of Grass tokens per month from regular daily internet use with a single device. In addition, Grass has implemented a referral program where users can earn a percentage of their referrals' earnings. This allows users to multiply their income by sharing Grass with their friends and online networks. Some motivated users have reported earning over $300 per month through referrals alone. Of course, earnings will vary depending on individual internet habits and success with referrals. https://app.getgrass.io/register/?referralCode=SkLWXdTwu1fexRj
Getting Started with Grass
Signing up with Grass is simple and only requires an email address and password on their website. After registering, users will receive a confirmation email containing a link to activate their Grass account. From the Grass dashboard, users can download the browser extension which is currently available on Chrome, Kiwi, and Safari. https://app.getgrass.io/register/?referralCode=SkLWXdTwu1fexRj
The extension runs automatically and invisibly in the background once installed without disrupting normal internet activity. Users can then view their Grass token balance and earnings directly within the Grass interface. All data is clearly displayed about tokens earned and the anonymous, unused internet data shared that generated this income.
Conclusion
By joining the Grass network now, users have an opportunity to participate early in this new decentralized model for internet data sharing that promises to put control and financial benefits directly in the hands of contributors. Grass offers a promising solution to issues around privacy and equitable compensation in the digital economy. With its emphasis on ethics, transparency and rewarding all users fairly for their role, Grass may help establish new standards for how internet data is used and monetized globally.
First published on Inleo. https://inleo.io/@fexonice/grass-a-new-way-to-earn-from-your-internet-data-
Quitting Your Job for Crypto in this Bull Run? Learn from My Experiences
When the bull markets surge, it's easy to get excited as values go up faster than you think. In that state, you might want to quit your regular job or business to go all in on crypto for a living. My story, however, shows that quitting a reliable job to only follow these volatile markets can be risky if things go south. I'll share how leaving my regular job to pursue digital currencies during the last bull run cost me a lot.
**Getting Hooked on Crypto**
At the time, I ran a small local retail business as my main income source, and also blogged for extra cash. In March 2021, I decided to invest a little of the money I earned from blogging into cryptocurrency to test the water. I was amazed to see my small investment grew fast during the crypto boom. The joy of seeing my little investment grow into hundreds of dollars was incredible. This early success ignited my interest in cryptocurrency, and pushed me to explore the crypto space deeper.
In my keenness to further my knowledge and potentially increase my newfound fortune, I even invested in a laptop to facilitate my research on various projects and for smoother trading on decentralized exchanges. Soon, I found myself dedicating more and more time discovering additional crypto projects, letting my retail business slide. The substantial profits led me to think that I had hit a jackpot and could earn a living solely from crypto. That's when I ended up making the ill-judged decision to abandon my primary business and plunge completely into the crypto world, with the belief that the gains would continue pouring in.
**Costly Mistakes**
After quitting my main job, I jumped into the crypto world without enough knowledge. In my excitement and haste, I ignored important risk management steps and didn't do enough research before putting large sums into new projects. The idea of quick profit fooled me into investing carelessly in Projects that I knew little or nothing about. Soon, my rash actions led to losses, as some of those projects were scams and "rug pulls", whipping out a big chunk of my portfolio. The harsh truth of my unwise choices and rushed decisions was a hard lesson.
**When the Tide Turned**
Just as I was really all into crypto, the market suddenly changed. Towards the end of 2021, prices started to fall because of a new bear market. The high points from the bull period seemed like distant memories. But I was so caught up in it all, I forgot to take out any real profits from my rapidly growing portfolio.
As my brick-and-mortar store was no more, I found myself solely relying on my crypto assets for sustenance. My remaining crypto assets plummeted in value by more than 80% in just a few months, and this was my living bread. Adding salt to the wound, hackers drained my wallets of the little funds remaining. Suddenly, I was bereft of a job, a business, a substantial portfolio, and any trustworthy savings. For more than a year, I grappled with life without a stable income or any financial support.
**Valuable Lessons Learned**
As a result from that misfortune experiences, I learned how to properly do risk management and what speculative investing means. I understand how big the risk can be. Even though digital currencies are based on solid technology, they're very volatile, and carry big risks. It isn't wise to trust in them as your only source of income and wealth building.
Even during bull runs, maintaining stable traditional employment or an established business is important. Diversifying investments across different asset classes helps protect against downturns in any one area. Proper research, due diligence and securing assets are also mandatory to reduce vulnerabilities. Most importantly, taking profits at highs is key rather than getting greedy and watching gains brown off. While crypto still has a place in my portfolio, I'll never make the mistake again of abandoning steady work just to chase pumps and profits in virtual currencies alone.
**A Cautionary Tale**
I share my story in the hope it might prevent others from repeating my costly errors. The temptation to quit your job for crypto can be intense, but risk like price crashes could leave you in a very difficult position if you're not prepared. While gains may seem easy during bull markets, bear cycles are inevitable. It's always important to balance speculative plays with stable income sources and smart risk management practices. I hope my tale of regret serves as a warning signals for others not to abandon their safety nets too soon.
The lead image is from unsplash free images stocks.
Hello friends, may the week be filled with the joy of decentralized possibilities for you! Embrace the fluctuations, learn from the challenges, and celebrate the victories together.
Happy new week to you all!
Happy weekend to you all.
Life is unpredictable! If you are on top today, do not look down or shit on those below you. You may need them when the unpredictable happens, and no one will be willing to support you because of how you shit on them when you were on top.
Keep humble and be grateful for where you are today.
Revamping Read.cash with Ad Revenue: A Proposal
I have been longing to write this blog post for some time now, but lack the courage to do so. However, due to the current wave of activities I have noticed on the site, I decided to pull the trigger and have the blog post up here. I hope the site admin and other people who are concerned find this blog post relevant.
The Current Situation at Read.cash
Read.cash used to be a busy blogging platform where writers could earn money by writing quality articles and engaging posts. However, during the 2022 bear market, the site's main sponsor stopped funding, and gradually the existing funds got drained thereby causing payment to writers to cease. While some loyal users continue engaging without rewards, the site now lacks that vibes and consistent funds.
With funding not adequate anymore, and no notable source of funding, Read.cash could no longer have the means to pay writers as it once did. This has led to dwindling user engagement and content creation for nearly 2 years now. For a long term sustainability, the platform needs a sustainable revenue source.
The Proposal: Generate Revenue via Ads
To address the funding problem, I propose generating ad revenue to support the site. Ads could be displayed on site pages and around content. Revenue earned each month from ads could be used to:
**1.** Buy Bitcoin Cash to fund rewards via the @RandomRewarder bot
**2.** Cover basic site operating costs
This would create a self-sustaining system where user engagement fuels ad views, generating income to incentivize more engagement.
Implementing Ads on Read.cash
To implement ads, the site could integrate with popular ad networks like Google AdSense. Ads would need to be carefully placed so as to not overly obstruct the reading experience.
Some options include:
Sidebar/footer banner ads
In-content text link ads
Pre-roll video ads (for content with embedded videos)
Ad placement should balance generating revenue while maintaining user experience. A/B testing different ad configurations could help optimize this balance.
Estimating Potential Revenue
To estimate potential monthly revenue, we can assume Read.cash's current traffic and average ad earnings from similar sites:
Let's assume Read.cash averages around 50,000 monthly sessions currently
Sites with this traffic level typically earn $1-3 CPM (cost per 1000 views) with Google AdSense
At the low end of $1 CPM, 50,000 sessions would yield $50 in monthly ad revenue
At the high end of $3 CPM, revenue would be $150
The above is only an estimate, actual earnings may be higher or lower depending on several factors. But even a conservative $50-150 monthly would help supplement the platform.
How Revenue Could Be Distributed
If $50-150 in monthly ad revenue was achieved, here is one way those funds could be distributed:
50% ($25-75) - Goes towards the Random Rewarder bot each month for writer/user rewards in BCH
25% ($12.50-37.50) - Site operating expenses like hosting/maintenance
25% ($12.50-37.50) - Savings buffer for unexpected costs or to grow rewards over time
This distribution model would allow for regular rewards through the Random Rewarder while still covering site needs. As revenue grows over time, so too could the reward amounts.
Conclusion
Implementing unobtrusive ads on Read.cash has the potential to generate sustainable monthly revenue to fund the platform into the future. By earning even a modest $50-150 through AdSense, the site could restart rewarding engaged users and writers in BCH regularly. This would incentivize increased high-quality content creation and user participation. With ad revenue supplementing the platform, Read.cash can continue its mission of being a community-driven home for Bitcoin Cash writers and readers.
Question for you today!
Why do most people nowadays hates or do not like marriage?
Let's hear your thoughts on this matter!
Wednesday question for you.
Why do most people like a fixed salary than making investment to earn profits?
Let's hear your thoughts!
Good to see that most users are still very much active on the platform and making blog and short posts regularly. Keep up the good work guys, hopefully, things will be better soon.
March An Important Month for Cryptocurrency Industry
March is shaping up to be a crucial month for crypto, with significant events lined up in the month that are predicted to influence prices. For smart crypto investors, understanding these events' potential effects is key, in order to be prepared for any volatility. In this article, I will discuss the main events to note and their possible impacts.
The Federal Reserve's program for reducing its balance sheet ends on March 12th
This program started in 2007-2008, during the worldwide money crisis. The Fed used something called "quantitative tightening". This let them slowly sell Treasury bonds and securities backed by mortgages. They had collected these after bringing interest rates close to zero during the global money crisis.
Each month, the Fed made sure that some amount of these bonds and securities were removed from its balance sheet, without reinvesting the proceeds. By late 2018, the Fed's balance sheet dropped to about $3.8 trillion. When COVID-19 came, they stopped the program.
In April 2020, the Fed's balance sheet shot up to $8.9 trillion. That included $2.2 trillion in cash, $2.5 trillion in RRP, $760 billion in TGA, and $3.1 trillion in reserves. Its total debts added up to $7.7 trillion on January 24, 2024. To help the economy, the Fed used even more special measures.
On March 12th, the Fed will be talking about how fast it'll lower the balance sheet. That could change how much money is available in the financial markets. If they do it faster, long-term rates might go up.
The US Releases February CPI Data on March 12th
The January CPI reading of 7.5% was the highest inflation rate in 40 years. Core inflation, which excludes volatile food and energy prices, rose 7% year-over-year. Rising prices are hurting consumer spending power. February's CPI will reveal if inflation is stabilizing or rising further. If inflation remains high as always, the outcome could be a further raise in rates at a faster pace. This can affect risk assets, including crypto, negatively.
ETH Dencun upgrade on March 13th
The Dencun upgrade aims to optimize Ethereum's gas fee market and transaction pricing through adjustments to base fees and priority fees. Currently, network congestion during busy periods can drive gas fees extremely high, creating friction for users.
The upgrade hopes to alleviate this issue and improve the overall user experience. However, any unexpected bugs or glitches during the software upgrade process introduce risks of temporary network congestion, outages or other issues that create price volatility if they shake investor confidence in Ethereum. A smooth upgrade would boost ETH prices.
First Meeting of FTX Digital Creditors on March 15th
FTX Digital Markets is tied to the failed crypto exchange FTX, which declared bankruptcy in November due to about $1 billion customer shortfall. [This first meeting between FTX and its creditors, which include other companies and individual customers awaiting their money, will begin shedding light on the bankruptcy procedures and possible recovery chances. However, unwinding FTX's assets and liabilities is a complex legal process that could take years, maintaining an overhang on crypto markets.
NVIDIA Annual GPU Technology Conference on March 18th
In past conferences, NVIDIA has announced new crypto mining-specific processors and technologies. As the largest manufacturer of GPUs that are widely used to mine Ethereum and other proof-of-work blockchains, any guidance provided by NVIDIA on its product roadmap for blockchain applications could signal whether the company sees ongoing demand and viability for crypto mining over the long run. This in turn may impact prices of coins like ETH that are currently mined.
Federal Reserve's Interest Rate Decision on March 20th
The market is pricing in at least a 05.25% hike in the target fed funds rate range, which would put the upper limit at 5.50%. However, some analysts believe the Fed may again held rates steady at 5.25-5.50%, given inflation has remained stubbornly high. The Fed's tone on the outlook and any clues about the expected path for rates over the coming months will also be important signals watched closely by all investors and impact risk asset prices.
Ripple Faces SEC's Initial Legal Claims on March 22nd
Ripple has been slapped with a lawsuit by the SEC. They're accused of selling XRP, which wasn't registered as a security. The commission's opening brief will present pivotal arguments. It seeks to clarify whether XRP should be classed as a security under their legal interpretation. The case has wide-reaching implications for the crypto industry as it could set legal precedents determining how other coins are classified.
Trial of SEC v Do Kwon Begins on March 25th
Do Kwon, TerraUSD's founder, will undergo a trial in South Korea. The purpose is to discover if he's guilty of fraud connected to the failure of his stablecoin. This event shook the global crypto market. The result might impact how regulators look at algorithmic stablecoins.
Sentencing for Sam Bankman-Fried, March 28th
FTX's brainchild, Sam Bankman-Fried, is under hot water with accusations of fraud and money laundering. These charges trace back to the fall of his crypto exchange, FTX, in November 2022.
[His first sentencing hearing is set for March 28th in a U.S. federal court. The outcome will begin to provide legal resolution and accountability for his role in FTX's collapse. It may also offer clues about potential plea deals or the severity of penalties he faces, providing more certainty to an event that rocked the crypto world. The hearing could therefore impact overall market sentiment.
Conclusion
March is chock-full of big events. This means a bumpy ride for crypto prices is likely. People trading or investing should get ready for possible price changes. These changes could come as the news from each event shapes how people feel about risk and the market.
Predicting prices in the short term can be hard. Still, more people using blockchain and better rules over time suggest a bright future for crypto. For those with a long term view, periods of volatility can be good. They can allow for getting quality digital assets at better prices. In summary, March is a key month. It could guide where the crypto industry goes for the rest of 2024 and more.
The article was first posted on Hive on my profile. https://inleo.io/@fexonice/major-crypto-events-in-march-to-watch-that-could-impact-prices-
End Of An Era: Tether Stopped The Production Of USDT On Omni, Kasuma, and Bitcoin Cash Blockchains
In a move that marks the 'end of an era,' Tether, the world’s largest stablecoin by market cap, has announced the cessation of support on the Bitcoin Omni, Kasuma, and Bitcoin Cash Blockchain. This news highlights how quickly the cryptocurrency world is evolving. Although it might be surprising this decision aligns, with the trends in the crypto industry.
For those who're not familiar with it Omni is a currency platform that operates on the Bitcoin blockchain. It was previously used as the basis, for USDT transactions. However Tether has officially announced their plans to gradually discontinue producing coins on this technology.
It is worth noting that the USDT stablecoin initially debuted on the Bitcoin Omni Layer protocol. The Omni Layer played a vital role in facilitating the issuance and burning of USDT, backed one-to-one by US dollars. Further, Bitcoin Cash, a hard fork from Bitcoin, and Kasuma, another blockchain platform, also hosted Tether's USDT. The decision to pull support indicates a shift in Tether's strategy, focusing on more modernized and efficient blockchain infrastructures. https://www.theblock.co/post/245976/tether-discontinues-usdt-bitcoin-kusama-bitcoin-cash
Tether cites lacks significant traction on those Blockchain with no signs of recovery in usage over an extended period as pivotal reason for the halt in support for Bitcoin Omni, Kasuma, and Bitcoin Cash Blockchain. As we find ourselves in an era that demands traction and volume, it's not hard to see why Tether may have deemed these blockchain obsolete. https://tether.to/en/tether-makes-strategic-transition-to-meet-community-demands-and-foster-innovation/
Considering the increasing viability of modern Blockchains, rather than old layers Blockchains, it seems Tether has found its priorities lined up with most of the modern Blockchain startups. The shift signifies Tether's resolve to leverage newer blockchain technologies that offer superior community support, security, and efficiency.
Tether has sought refuge in newer blockchain technologies like Ethereum, Tron, and EOS, where most USDT transactions are currently hosted. With blockchains like Ethereum's offering better scalability solutions such as sharding and layer two protocols, Tether’s move seems pragmatic.
Moreover, Ethereum possesses smart contract capabilities which are not present in the Bitcoin Omni Layer. This function allows more sophisticated financial transactions and improved efficiency, making it a favored choice for Tether. Also, platforms like Tron and EOS offer higher performance and lower fees, which are critical to Tether's operational efficiency.
This decision seems to be in line with the evolving cryptocurrency landscape that has witnessed newer technology developments. Many cryptocurrencies are either moving to more effective blockchains or upgrading to address community concerns, security, and efficiency concerns. As stablecoins remain a popular choice for traders looking to hedge against volatility in the crypto market, it's essential for Tether to go where the market is.
While the demise of Bitcoin Omni, Kasuma, and Bitcoin Cash Blockchain support may look like a setback, it points to the inevitability of progression within the cryptocurrency space. Like many tech-based landscapes, evolution is not only expected; it is necessary. As Tether bids farewells to these blockchains, it embraces an era of more technologically advanced infrastructures, reiterating the importance of constant evolution in the rapidly progressing crypto space.
With this move Tether is making a bold statement and sending a message to the entire crypto space and Blockchain startup communities on the need for a more updated ecosystem. Blockchain startups need consistent stablecoins for investors to use their services. And Blockchain users need stability and an ease of use for their transactions.
Since Bitcoin Omni layer, Kasuma are old technologies, Tether may seem justified by this move. However, for Bitcoin Cash, it seems hard to digest. This is because, the Bitcoin Cash Blockchain has a very strong and dedicated community. Moreover, the Blockchain has continuously been undergoing protocol upgrade to improve its overall performance. With this, Tether got it wrong with Bitcoin Cash. https://www.omnilayer.org/ https://kusama.network/
Bitcoin Cash is innovative and secured, but Tether is not right about their withdrawal of support for the Bitcoin Cash Blockchain. Many individuals who invest in Bitcoin Cash do so with the purpose of utilizing its features rather than trading it for Bitcoin or other digital currencies. The main reason people purchase Bitcoin Cash is due, to its practicality. It serves as a currency that enables users to save send and receive money with low transaction fees and increased speed. Despite this offering it has not gained recognition, within the cryptocurrency community. https://bitcoincash.org/
Indeed, the dynamic metamorphosis of the blockchain landscape requires businesses to adhere proactively, aligning with efficient, future-proof platforms. As Tether withdraws support, the ball now lies in the court of Bitcoin Omni, Kasuma, and Bitcoin Cash Blockchain. Will they adapt to rise anew by finding a new ally or ceases to have a stablecoin supporting them? Only time will tell.
The attached image was recreated by me using Adobe Express.
Bitcoin: What The Whales Know That We All Need To Know
When we look at the crypto space and the behavior of a few Bitcoin whales and institutions, we are stunned and wonder if they never want to make a profit, or if they are not afraid of a possible drop in Bitcoin's price, or an impending ban by the world government.
The truth is that these people and organizations made the decision to learn something that many of us do not. The secret they know is what drives them in the crypto sector.
A thorough web search reveals a consistent pattern of conduct among them. They perform a series of things that the majority of us would never undertake. They know something that has inspired them to act on their principles, and that item or things are what the majority currently does not know that I believe we need to know.
I spent some time online researching some of those elites' histories in the crypto realm to see what they knew, and this is what I uncovered.
1. The courage to believe in a crazy concept
On January 9, 2009, an anonymous publisher released a document called White Paper, a document explaining the use and operation of digital money called Bitcoin. The world considered it to be a crazy concept that would soon disappear and certainly seem to be. How can digital money be used and have real-world value? Many asked. But only a few dared to believe in this absurd and insane idea being promoted by a mysterious being called Satoshi Nakamoto. These people who were considered crazy are the ones who are calling the shots in the crypto community today.
According to report, some of them were considered insane by investing in Bitcoin while the price was still cheap and inexpensive. 13 years after, they are still accumulating as they keep buying more Bitcoin time and time again. Many people who may have laughed at them and called them crazy for believing in another crazy man's idea. But today we can see their success stories in the Bitcoin community and the Crypto space at large.
I also see this idea as crazy some years ago when a friend of mine told me he was buying Bitcoin for $50. Today that my friend is still living on his Bitcoin investment. Like me, many people still looks at cryptocurrency as a crazy idea today, and the higher the price of Bitcoin become the harder it's for them to understand the force behind cryptocurrency.
2. They know the importance of patience and time
In the world of cryptocurrency, it is clear that one must possess both patience and time in order to witness the growth of its value. It is interesting how individuals often hop from one endeavor to another in search of instant monetary gain, as they are worried about the possibility of a decline in worth. Meanwhile, these prominent entities, such as whales and institutions, silently observe as the less resilient investors relinquish their Bitcoin, allowing them to seize the opportunity and accumulate their assets.
Success and gain in cryptocurrency doesn't necessarily come from frequent trading, but rather from the art of long-term holding. It's a proven fact that the longer you hodl, the more your investment will appreciate in worth. Of course, this principle may not hold true for all digital currencies. However, for well-established cryptocurrencies like Bitcoin and Ethereum, as well as select altcoins backed by strong roadmaps and dedicated development teams, their value is bound to continuously surge.
3. They know the power of privacy
In cyberspace, the power of choice has long been synonymous with the power of privacy. The emergence of cryptocurrency has elevated this concept, amplifying the extent of privacy's influence. Let me explain why.
Maintaining privacy is important to many individuals nowadays, as they strive to keep their identities concealed and form limited connections. This desire stems from the understanding that everyone possesses a personal aspect that they wish to preserve exclusively. Cryptocurrency serves as a means to safeguard this privacy, enabling individuals to access their funds without the watchful eyes of governmental bodies and financial institutions.
4. They understand the effects of inflation on Fiat
This is one of the best kept secrets in the crypto world. Today's working class aren't much concerned about the devaluation of Fiat currency as long as they have a job that can pay them without thinking about the purchasing power of the money they earned.
Global economy only values the dollar, neglecting other important aspects. However, individuals who grasp the potential of Bitcoin acknowledge that the dollar is prone to inflation. They are aware that the most reliable strategy to safeguard the value of their currency is by converting it to Bitcoin.
Bitcoin has an incredible power, capable of reaching values of $100,000, and people will still buy it. It amazes many that this simple concept has the ability to turn the economy around and bring happiness to people. The more individuals who participate, the greater the value of Bitcoin becomes.
5. They know the power of the Blockchain, and that nobody can be able to stop it
It's not foolish for these individuals to make Bitcoin their banks. They recognized the Blockchain's ability to introduce a newfound sense of freedom to our society. Unlike traditional banking institutions that are subject to government oversight and potential arbitrary actions, the blockchain operates without any central authority and remains unstoppable.
Around the world, some governments are issuing warnings against trading Bitcoin and considering a ban. However, they will be unable to enforce such a ban due to Bitcoin's inherent value and its capacity to reshape society. Consequently, the Bitcoin whales understand the significance and potential of Blockchain technology in today's world.
6. They know that Bitcoin have a limited supply
Not many people know the effects of Bitcoin's limited supply. With just 21 million supply and nearly over 90% of that mined already, Bitcoin mining will soon come to a halt. But what will follow after is the real deal that those whales and institutions are looking forward to.
Today, anyone can sell their Bitcoin, while the whales are looking for opportunities to gobble up as much as they can. When Bitcoin total supply is fully mined, that's when the real valuation of Bitcoin price will begin. Today's market is controlled largely by speculation, but then, what will happen when only a few owns a large portion of the circulatory supply, and they are not willing to sell them?
To summarize, the bitcoin whale understands that Bitcoin is the most powerful and efficient crypto asset, and that Bitcoin is the currency of the future. This is why the market is so confident in this coin's potential, and why they are buying more and more Bitcoin to add value to their portfolio.
With a current market cap of $ 584.62B, which is greater than the combined market cap of all other cryptocurrencies, and a circulating supply of 19.42M, Bitcoin has reached the next milestone and has begun to demonstrate that it will be around for many years to come, just as Bitcoin's founder has stated.
Lead image source. https://unsplash.com/photos/ZAIbez5LTrg
LeoThread: A Steady Micro-Income Source You Can Trust
I don't know about anyone else but for me, the Leothread micro-blogging site represents a real source of micro income that can make a difference over time. The Leothread platform comes in a totally different way for a social micro-blogging site from a revenue perspective. Unlike most paid micro-blogging platforms, Leothreads operates in the form of loyalty, therefore, consistency and strength are two of the rewards, and this reward comes unexpectedly. https://leofinance.io/threads
Earning micro-income is fun but there are requirements to do so to achieve your goals. Every time I check on LeoThreads, the word "NO THREADS NO GAIN" always reechoed in my mind. And that calls for persistence which is the first requirement. The second is her sister called perseverance. Persistence and perseverance are two essential elements in the business of making money online. You can’t predict how it will go, but with patience, you can go on and on just like you keep adding money to your revenue sources and add more resources as Threads daily. These Threads can earn you micro income, and also add up to increasing your reputation on the Hive platform. https://leofinance.io/@leoglossary/leoglossary-micro-earning
People often get frustrated in this kind of environment. There is a great tendency to receive upvotes immediately, But, if it doesn't come, that should not make anyone feel bad or lose hope and find a way out of the system. In any creative environment, perseverance and patience are necessary requirements for awareness. Of course, we must always remember that we can not influence anyone to vote on our Threads.
Personally, I have no worries about this. Well, I'd like to get upvote for every Thread I make, but I've studied the system here enough to know that I can't control that. So I continued to post quality content and engage with others' posts consistently as the rewards begin to come in gradually.
While there are other microblogging platforms where authors earn rewards for their content, their non-inclusiveness, and censorship make those sites difficult to use. This is where the Leothreads stand out above all else, an all-inclusive micro-blogging community for all Jack and Harry. Leothreads has become a reliable micro-income source for many on the Hive blockchain. The beauty of this platform is that you are sure of getting your rewards at any time you receive an upvote without the influence of a third party. https://leofinance.io/@leoglossary/leoglossary-microblogging
Having a micro source of income can be a great help in the long run. A lot of people here have developed a desire to stack up Hive/$LEO coins by being active on Thread, engaging, and interacting with others. These desires can be achieved with patience and perseverance. And as long as the Hive blogging community continues to exist there will be many wishes fulfilled.
Having a micro source of income is a great tool for everyone to have on the side. To work for long-term success and to be able to help others in the process is what the Leothread has become for so many people.
Practically, let me show you an example of how Leothreads has been a steady micro-income source for me.
A day ago, I got a boom upvote of over $2 worth of HIVE and LEO tokens in my reply to a thread that I even shared on twitter(X). This is not the first time I have received a boom-upvote on my thread. Anyone can earn this reward if they engage in conversation and interact with a quality thread. Moreover, I earned hundreds of micro-rewards on my thread daily. This is a result of my commitment and loyalty to the community. These micro-earnings may be small right now, but I can guarantee you that they can add up to be something huge in the long run.
I can see this system helping people in so many ways in the future. It has the ability to make anyone who is consistent in producing quality work on the Hive blockchain earn more in the long run. If it goes mainstream, what an amazing tool it will be.
Perhaps the great reward you get here is freedom of speech. Freedom of expression is a basic human right for the whole world and the survival of the human race. The spread of a free idea is what drives the whole world forward. If you can't express your thoughts online, you might as well stop communicating and/or grow in size.
That's why Leothreads provides a platform where we can freely express our views and share the internet. We can express our views and ideas without worry of censorship and no need to stand against those that make rules, regulations, and laws.
Leothreads enables everyone to have a platform to express themselves. This freedom is enjoyed by all, regardless of gender, ethnicity, religion, or sexual orientation. The freedom to express is all it takes to become successful on this platform.
Even if you don't make a thread every single day, never stop replying, and interacting with community members, it will always be appreciated. Use these opportunities to help yourself and others grow.
I personally see these posts as an opportunity to show my gratitude and care to the community that has supported me and this blog from the beginning. There's no better way than to give back and have more appreciation for the community. The support shown to my blog has been great so far.
**About Leofinance community**
We can not end this conversation without talking about Leofinance. Leofinance is one of the largest and top web3 communities on the Hive blogging platform with its membership reaching 16722 at the time of typing this article. It is the Everything App built on the Hive Blockchain with all social media features integrated. From Medium, Facebook, Slack, Twitter, Reddit, and so on. You can not afford to miss this unique opportunity. https://leofinance.io/threads
This community is a good example of how the Web3 community works. Leofinance is the beginning of the main economy on the Hive platform and is the home base for all Hive bloggers. And with a community of crypto enthusiasts, investors, financial analysts, Vloggers, Podcaster, storytellers, fiction and non-fiction writers, and others of the blockchain-enabled media, Leofinance is a unique place for bloggers, influencers, businesses, companies, and entrepreneurs of the new economy to converge.
Leofinance has its native token $LEO that is used to reward content creators in the community and for other uses within the Leoverse. Leofinance aims to create a community-driven platform where users can engage in discussions, share their thoughts and opinions, and earn $LEO tokens for their contributions. This community factor gave birth to Leothread.
The attached images are screenshots from my Leofinance account.
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