According to Mr. Huang, NFT tx fees exceeded De-Fi tx fees. I'm not sure about the data he analyzed but it makes sense when we consider some points like the most frequently used blockchains for NFTs and the De-Fi platforms preferred for their fast and cheap transactions. So far NFTs look fashionable but not for common people. The "piece of art" form of NFT is for rich guys while NFTs with utilities (e.g. gaming) are for everyone. Contrarily, De-Fi cannot be on a blockchain…
Dxdy exchange airdrops governance token. For the exchange users, a governance token was being declared. While it was something expected from the exchange, the utility of the token made me a bit sad. While the token (like all other governance tokens) will be used for proposals and votes, there is no great narrative to die for the token 😑 Governance tokens are expected to have more use cases than voting imho. While proposals are useful, people wish to have a rationale behind…
Ethereum EIP-1559 Burn 🔥 Today was an important one for Ethereum (maybe for entire crypto history) as there are som Ether that cannot be mined, sent or activated. With the latest update, Ethereum is claimed to become hyper-deflationary crypto that is becoming less available (thus more valuable)... I like Ethereum as the second leading crypto and the way Ethereum is being developed contributes to our ecosystem. I hope to have better results of the latest update to push the…
The era of stronger Coinbase is loading... While there are negative speculations + news about Binance, Coinbase is getting more and more easy-to-access form for everyone in the world. Since Coinbase has been one of the most regulation-friendly service providers, I see no problem with the positive things regarding Coinbase. We may even discuss the domination race of China and the U.S through Coinbase and Binance. In my opinion, there will not be any difference for the users…
Zerohedge tweets about the performance of Ethereum Over the last few weeks, there are many popular influencers that started speculating about possible Ethereum flippening and the uniqueness of Ethereum. From the perspective that many people do not know about other cryptocurrencies but for Bitcoin, it is something bullish that may make them more aware of other great crypto assets. While the speculations are going on, the performance of Ethereum + Total Value Locked on the…
Football players & Fan Tokens When I saw the manager of Socios tweeting about Messi and the possibility of his transfer to PSG, I thought that it will be a reason for the pump in PSG token. By following the transfer news and matches, the traders may long or short these fan tokens on several exchanges. To some extent, this may turn into gamble but from a bigger perspective, it is like a new bridge between the crypto and real world. Fan tokens may bring fortune to most of us.…
Biggest De-Fi hack ever... "Ethereum - $273M Binance Smart Chain - $253M Polygon - $85M Total - $611M" This is crazy! PolyNetwork is a project that is specialized in the interoperability of blockchains. As far as the project managers declared, the hack is by far the biggest crypto de-fi hack ever. On two blockchains, Ethereum & BSC, and with several cryptocurrencies, the hackers are holding the money on some trackable wallets. From that time on, they cannot easily convert…
This is why Binance has been leading the crypto ecosystem... Binance's research team does a great job of catching up with the trends and tendencies of people in local areas. As you may know, #Axie Infinity is quite popular in the Philippines. Knowing this fact very well, Binance makes it easier to convert SLP (a token earned by playing the game) into Philippines Peso to earn transaction fees from exchanges. In my opinion, Binance has both pros and cons to be discussed for…
Crypto investments doubled from the previous year. This is one of the most interesting things that grabbed my attention while scrolling down on Coinmarketcap's daily digest. According to the research, the first six months of 2021 already doubled the total investment in 2020. While there are numerous projects launched every day, the share of the cake is distributed to many stakeholders. However, the solid projects will never stay undervalued while the worthless ones…
"Clear Signs Institutional Demand Rising" This statement is owned by J.P Morgan emphasizing the interest in cryptocurrencies from the giants of the global economy. Starting with retail investors who were allocating a small portion of their salaries, the crypto ecosystem reached to the institutions that are eager to explore blockchain technology and make gains from cryptocurrencies. Beyond Bitcoin and Ethereum, it will not be surprising to see Bitcoin Cash, Solana, XRP (After…
Odysee video sharing platform - Earning Per View A couple of months ago, I applied to become an Odysee content creator whose account is approved to receive LBRY tokens for the other users' views. When I first started receiving tokens, it was 0.04-5 per view. Meanwhile, I posted and actively used the platform and today it reached 0.12 per view (which is ATH level for me)🤩 This is a great feeling that we are engaging on several blockchain-based platforms and our efforts and…
Opensea Monthly Volume After the recent update on the Ethereum blockchain, the volume on Opensea Market skyrocketed. If you ever used the market, it is an open bazaar of several NFTs that are either piece of art or gaming assets. As far as I know, Opensea is the leading market in crypto. In the near future, each blockchain will have such open bazaars like NFT show rooms. Juungle on Bitcoin Cash and Nftshowroom on Hive blockchain are some growing platforms with high…
Lockdowns & Interest in Crypto When we go back to March 2020, it was the time when nearly all of the countries were discussing declaring a national lockdown period due to the increasing cases of Covid. While everyone was home, people started investing in cryptocurrencies as a new hobby, and, for some people, it was the story behind the previous bull-run. In terms of the Delta variant, we may go through a similar case if the vaccines cannot handle the deaths and the number of…
7 days 7 teams by Socios As you may know, Socios has been establishing partnerships with several teams from NBA. Besides NBA, there are one of the most popular football teams, e-sport teams and UFS partnerships, as well. This week is one of the most engaging weak for the history of Socios. According to the team, there will be 7 NBA teams for 7 days a week! That' incredible but they did it! I adore such projects 😎😎 #Cryptocurrency
100 NFToes! Never try to find something logical in crypto 😅 With the incredibly valued CryptoPunk series of NFTs, NFT makers started dealing more with pixel arts and "NFTOES" is one of these projects. Very soon, we are likely to hear an absurd amount of money spent on these NFTs. From many sides, it is nearly the same with Crypto Punks. One of the reasons for the hype on this NFT series might be because of the profitable situation still valid in pixel art. Would I buy one of…
TVL Locked on Several De-Fi Projects. Obviously, De-Fi will grow exponentially while the existing financial system does not convince people to hold their savings. As we can clearly see from the total value locked on the projects, people care about DAOs that can operate without any human manipulation or centralization of power. The more decentralized we go, the higher levels we will test. Smart BCH, Stakenet, and De-Fi projects on Hive are my favorite "De-Fi for everyone"…
İnstitutional Mining ⛏ There are many interesting things happening in crypto but institutional mining is something that made me really surprised 😅 Jokes aside, it can be a booster for our growing ecosystem and we may observe positive impacts on the reliability of crypto industry. Imho, let big brothers play their role as free as retail investors 🤙🏽🤙🏽 #Cryptocurrency
MyDefiPet 100 #NFT Pets NFTs Giveaway MyDefiPet is one of the most popular #Play2Earn games in crypto. Due to the increasing prices of blockchain-based gaming tokens, the enthusiasts had difficulty in starting or growing their in-game portfolio. Here is a nice giveaway for 25 lucky people who will be given 4 Free Pets if they are lucky enough 😄 To be able to participate in the giveaway, you are expected to follow some steps to receive entries for the draw. There are 11 ways…
Avalanche becomes a Superstar It's just a matter of some more green days that Avalanche is likely to test ATH or even higher while there is such strong speculation about it. I have been following the project very close since the very beginning. I bought it for $3 and sold for more than 11-12x though it reached to 30x in 2 days after I sold my coins 😅 The reason that made AVAX such hyped is directly related to the hard work of the developer team. They have been establishing…
WAX as an example for the future performance of #SmartBCH I think it is not a luxury for a blockchain to initiate more complicated transactions such as NFTs, Smart Contracts or side chain operations in today's crypto ecosystem. Seeing the success story of WAX blockchain thanks to its unique dynamics, it is way easier for us to foresee the future of our well-designed blockchains that we are already in. Thanks to SmartBCH, #BCH as one of the top coins in the market cap will…
I think there is a piece of undervalued news in crypto. Visa paid Ether to buy an NFT on Ethereum blockchain... Can we imagine that a couple of years ago? I think this is a sign of upcoming crypto mass adoption by even the payment systems themselves. Here there are 2 things that attracted my attention: 1- Can we assume that Ethereum is acknowledged as a base for values? 2- Will there be intra-blockchains that are purposefully designed for such payment methods as Visa? These…
Level 200 on RisingStar #Play2Earn game on Hive blockchain RisingStar is a cool blockchain-based Play2Earn game in which you are progressing in the career journey of your superstar. You start as an Illegal Busker then your goal is to reach the best places to perform your music 🔥 Since the very first day, I've been actively playing the game without any day left behind. I'm happy to share with you that I reached Level 200 🎉 #CryptoGames
Crazy Defense Heroes #Play2Earn game guide by DappRadar. Play2Earn model is still one of the hottest topics in crypto. From BSC to ETH, each blockchain operates NFT based or crypto-friendly games that enable learners to make gains by playing these games. For a very long time, I've been waiting for an available time to play "Crazy Defense" to earn TOWER token if I can get 250,000 experience points until the airdrop days. If you are also interested in the mobile games that are…
Ethereum Chain Split... It might be one of the worst things that can happen in crypto if there would be some problems in the Ethereum main net where millions of dollars of digital assets are stored. I do not even want to imagine such a devastating case for crypto 🤔 So far everything worked smoothly but we saw the importance of the miners/validators/witnesses who keep their nodes up-to-date. Though %32 of the miners were on the right chain, I expected to see double-digit red…
Engagement on Crypto-friendly & Blockchain-based platforms I would love to share something that made me happy on the day when I saw it. There is a new user on LeoFinance that is trying to learn about Splinterlands governance token SPS on my post. Being able to create posts for new crypto enthusiasts has always been one of my primary goals while creating content. Thanks to engagement on several platforms, our new friends can easily utilize our experience and suggestions. Back…
Initial Dex Offering - CakePop on CubFinance IDOs are new generation initial coin offerings (ICOs) that remind us of crypto in 2017. While IDOs become more trendy, an issue gets more critical to be concerned: Why would anyone take part in IDO while there are other options to buy crypto easily. Thanks to IDO, you get the token from very cheaper prices as the launch price is, most likely, more expensive than the IDO price. Through IDO, you are contributing to the platform that…
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