Image is taken from unsplash.com
Paying only $0,04 for a smart contract interaction and enabling trading pair in a DeFi network is something that I have not found in another network. Maybe BSC has some good fees structure as well, but when it comes to actual DeFi that honors the first synthetic of the word (decentralized), then finance becomes real.
With SmartBCH we have affordable DeFi for everyone. Ethereum fees are growing out of this world and only matter for those guys with big pockets that invest hundreds of thousands of USD.
Ethereum used to be the same but it has the same fundamental problem with Bitcoin (BTC), it has scalability issues that maybe it will fix but perhaps it will be too late then.
I had to make this introduction because we are at a very young stage and what we have today is only the beginning. In fact if we see so much interest and enthusiasm just from the community tokens, imagine what will happen when the real projects appear. It is a young stage and we are doing well to embrace it.
SEP20 Market today!
The market was lacking the previous sparkle from yesterday and most tokens were correcting after having a great week.
ORB (The Sphere) In Moon Orbit!
What caught my attention was ORB. The token from "The Sphere" did amazingly well with 50% rise.
I am not into gaming at all, and usually I don't follow blockchain gaming tokens for this reason, but in this case I will try to find some time and try this game. It has attracted a strong fanbase so I'm going to try to "Enter" the Sphere and perhaps review it in a later publication. (website)
CashCats Meme Contest Cancelled - (Will Be Resumed Soon)
CashCats had to cancel its latest meme contest which was to end this Sunday, since too many did not understood or followed the rules. Some were making multiple entries, but some memes were also negative on other projects. Cats didn't like that, and I agree with their decision.
During a contest there should be one entry and not dozens, event the contenders should feel they are becoming abusive with too many entries.
But don't worry! Save your memes, edit and make them better as CashCats will create a new contest very soon that will have more clear rules on what is not allowed.
Fuego explained everything on telegram:
Bitcoin Cash Argentina (ARG) and Knuth (KTH) Joined Youtube Contest!
Video Content Creators, I think this is your chance to shine!
Follow Knuth and Bitcoin Cash Argentina on Youtube and start the video capture! Cut and edit your videos and create something amazing about SmartBCH!
Make the world know about Bitcoin Cash and the DeFi sidechain that will soon dominate crypto finance!
A rare chance for incredible rewards by both these projects that will reward the top content created with huge amounts of ARG and KTH!
I don't have any idea how to create video content, but I am thinking to learn and create something great just to be part of this competition.
I imagine that more expert video graphics editors would find it an excellent chance to show off their skills. Take part and let everyone know about your content, we will be happy to view and support those with highest quality!
Concluding:
Ethereum's DeFi is not for everybody, it will take hundreds of dollars for one transaction so it is only for those that can risk higher amounts than the rest. As a network it was based too much on DeFi and NFTs but has lost appeal to the public that can't afford to risk tens of thousands of dollars.
For those that want to invest $1k into a Defi, Binance Smart Chain covered with low fees. SmartBCH is not directly competing with the DeFi champion, but will first look to grab the second spot. Not that it doesn't have the features required to compete and take a percentage of Ethereum's market, but the strategy I think will work better is a cautious approach.
SmartBCH is only in the beginning, but it found such a warm and passionate welcome from the community that the first step is already successful.
Well described about BCH. I very new here just read your article, it has just given me good information