Stock Market is shaking! What's going on with Facebook (#meta), Spotify and others with double-digit drops in the stock market 😯 If we were talking about #crypto, it would not be surprising to see these drops. However, if it is the stock market, then we should think twice before making a decision. I still have no idea whether these pre-market prices are triggered by the expectation of war or the upcoming FED decision. Whatsoever the reason is, I'm already scared enough 😅 Do…
@idiosyncratic1 in February 2022
Selling NFTs of companies? Think twice 😂 License issues will be a bigger concern for those who share the brand names and products of big companies. For now, I have never traded the #NFT assets that are not owned by the real companies. I think it is always better if people buy and sell the piece of art or community NFTs. Long story short, be prepared for legal issues in #crypto ecosystem. The debut of these giant companies will be huge 😅
Santiment On-Chain Data Tracker I have just discovered a website that is another blockchain data tracker that analysis on-chain interaction and social matrix for #crypto ecosystem. As far as I see, the website has a limited version for #free users. You can check on-chain data and social tools for the most popular cryptocurrencies. Here is the link: https://app.santiment.net/labs/trends/explore/
Total Value Locked - Top Blockchains As you can see, #Ethereum is leading the way with an incredible TVL on it. In my opinion, we will see #Polygon (#Matic) and #Avalanche ranked at higher positions when the next bull-run comes. The Trader Joe token on Avalanche network is attracting a lot of attention these days. On the other hand, Polygon is the favorite Ethereum L2 solution in #crypto ecosystem. I expect Avalance at the second position and Polygon in top 5 🕵🏼♂️
Corporations are coming 😅 We have been waiting for such news but I'm surprised a bit with this investment decision by KPMG Canada as all eyes are on March 2022 to learn what FED plans to implement to deal with #inflation in the US. IMHO, this will not be the last investment from corporations in 2022. I still believe that #crypto will diverge from the old school stock market and banking system when the whole world starts fighting against the inflation monster. I'm ready to…
Proof of Work is still okay I've been seeing this hilarious photo from the Olympics in Beijing. If it were a meme, it would be really funny but it is real. People complain about the Proof of Work mechanism that #crypto uses. However, I do not think the world have any issue with generating energy; what is the problem is the use of energy that is not eco-friendly. Imagining that the cryptocurrencies work both in PoW and PoS consensus would be great to secure #blockchain and…
Electricity Prices Life became more expensive after the pandemic. From shopping to energy, it is getting worse and worse due to global #inflation. When I look at the chart below, I'm a bit worried about the way the world is heading for. Any rise in the price of energy affects all other branches of the economy and it may even end up with stagflation for the whole world. While we are dealing with #crypto, I think we should always have an eye on this data, too 🤏
GameFi Addiction is Real! 😅 Can't believe that there will be a Summoner who will enable the monsters to poison the monsters of your rival! Until now, #Splinterlands have been one of the best #GameFi / #Play2Earn games, and the team behind the game has proved that they are knowledgeable enough to develop and sustain a game that is played by millions of people. This special card is limited to 1000 #NFT forms and it will require both SPS tokens and Vouchers. I'm impressed with…
GameFi and Rental Economy I just wrote a post about what GameFi (a.k.a #Play2Earn) model brings as a one of the best products of #blockchain. Thanks to #scholarship or rentals, we no longer need to own $100 - $10,000 worth of an #nft to play and earn on a blockchain-based game. Since I started playing #Splinterlands, I've been thinking of the devastating product of blockchain to be integrated into our lives while renting our flats or cars via blockchain technology. Thanks to…
Sandbox Land Heatmap $$$ If you are ready to be shocked with the prices of the lands, here you can check #Sandbox land prices to see the future of #metaverse . I believe Sandbox is one of the best metaverse projects as of speaking. The success of the project impresses me every time I see something new and positive about it. Even though it is a dream to have a land next to Snoop Dogg, we may have some lands in other promising metaverse projects in the future. 2022 will be the…
In-game Celebrity NFTs by Splinterlands How do you see the partnership between Waka Flocka and #Splinterlands? I think it is a nice marketing to attract attention on #crypto ecosystem (especially on #GameFi / #Play2Earn model) by raising awareness. If it becomes a regular event by Splinterlands, I think we will see another bull-run for #metaverse and GameFi model games with a new FOMO. Let's wait for the launch of sale after 7 days. I'm sure it is a beginning of a new era…
NFT Market Distribution in Crypto Ecosystem I believe collectibles are gaining popularity thanks to the interest of celebrities on several community NFTs like Bored Ape or Crypto Punks and the prices that are increasing regardless of the fluctuation in #cryptocurrencies . When we check the data from Q3 2021, collectibles are by far leading the liquidity in #crypto ecosystem. Afterwards, we see that Art and gaming #NFT projects are also traded by many people. I'm still on the…
Connected Metaverses in Crypto Ecosystem I think it is the ultimate goal for metaverses to be integrated to each other so that they can increase engagement and liquidity thanks to bridges and multi-chain operations. #Metaverse and the #nft assets in these digital lands mean a lot for people since the hype is still insane🔥 I expect #Ethereum metaverses to outperform the others until they become too expensive. Then, the top blockchains' metaverse projects will show up as the…
Global Risks vs Crypto What do you think about the performance of crypto currencies against the rising global #risks ? Actually, it is not surprising to see that the overpriced crpyo assets are losing their value while precious metals such as #gold and #silver are getting more attention. Since #crypto assets are still viewed as "risky assets", they are faced with the dumps when the global pressure reach to unbearable levels. Until now I did not sell or take profit from my…
BTC Pump during the Speech I really have fun when the crypto investors make fun of the leaders who are speaking to deceive people in the topics that everyone knows the reality. Today, once again, we saw that these old-school strategies cannot affect people in the #crypto ecosystem. The reaction by the whole crypto market proved that we will be getting ready for a new bull-run when these crazy days end up (Through late March IMHO). Until these days, I will only pray for…
NFT Worlds - MineCraft in Web3 I was reading news on Decrypto.co and it was interesting to see that some projects are integrating top commercial games into their projects. #NFT Worlds on #Polygon took it to a higher level by working on #Minecraft that is played by millions of people. $WRLD token is traded for $0.30 as of writing. However, if they can do what they are aiming, then we may confirm that Sandbox has gained another rival in the rush for #metaverse 😄 OpenSea…
Do you participate in Testnets in Crypto Ecosystem? Actually, I love testing things but, for a very long time, I did not take part in testnets. Yet, I tested a sidechain named WAGMI on #Avalanche to stress test the side chain operations and to #earn possible rewards in the main net. If you are willing to testnets, Wagmi on Avalanche and PolkaSwap on #Polkadot are two major testnets that come to my mind in #crypto ecosytem. For further things, you can check chainlist.org to…