Binance is announcing an exclusive, multi-year NFT partnership with Portuguese footballing legend Cristiano Ronaldo. Through this partnership, Binance will launch a global promotion aiming to give Ronaldo’s fans an introduction to Web3 with a compelling entry point into the world of NFTs.
Good integration, and most importantly solves two problems, and promotion of the service itself through a huge army of soccer fans, and selling to them many times more expensive than the cost of NFT tokens. The advertising integration will quickly pay for itself, even with the participation of stars like Ronaldo. The most important question is whether this collection will be valuable in, say, 3-5 years or a new one will be released and everyone will forget about this one and these tokens will turn into a pile of garbage? |
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There are some project or concept that is good but for me, it will still take a lot of time, especially in the development of these projects. The concept is good but the implementation and real use case is difficult and complicated.
How many good concepts fail under the onslaught of speculation when an asset is viewed not from a utilitarian point of view, but from the point of view of making money, preferably quickly. This is the main problem with all these business models. On paper everything is well painted and, most importantly, useful. In fact, the number of users who come there for earnings is much higher than those who bring liquidity to the project. Because of this imbalance projects quickly collapse and then no one is interested, although they encourage users to do sports, study, etc. |
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Also, it is important that you should not be wasteful with the money, bitcoins or stablecoins you have left for investing. The market might be bad for months, years or longer. Be cautious and do the research. Invest in good development teams.
Yes, it would be foolish to sell the coins you have in your portfolio and buy dramatically cheaper altcoins. Right now, it's only wise to buy with the OWN money you have. I'm sure most don't and many young investors are making the same stupid mistake. No, two stupid mistakes. First, they don't lock in profits, but continue to hold on out of greed while the price is at highs and realizing that the moment has passed, they sell in a panic at whatever price, and the bulk of the profit quickly melts away. And the second mistake, if they still do not sell and continue to hold at a loss and see some cheap project, they realize that they do not have free money and begin to release it by unprofitable sales. Using a strategy of moving money from crypto to crypto, they are unlikely to make any money in the long run. That's why I recommend everyone in bull markets to always stock up on fiat and stablecoins, so they have something to buy out a bearish bottom later. This mainly happens with beginners and over time they learn how to control itself, sometimes moving from a particular trade is good but sometimes it's not. The ability to control the self-control differs from one trader to another. The profit from trading comes in exchange for the loss of the other, so if the trader is not patient, I do not think that he can get a profit from this field. The main characteristic of bear markets is that it is a good time to invest in the medium or long term and a very bad time for scalping or high frequency trading. People try to take short-term profits from constantly falling markets, and when an asset doesn't start rising but keeps falling, they start selling cheaper that asset and try to buy another one. And so on, until their deposit is completely empty. |
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A new business model called Learn-to-Earn appeared in the crypto market some time ago. So far, there are not many projects on the market and most of them are not represented anywhere at all, I mean some large platforms. A quick glance at the concept again invites unpleasant comparisons with pyramid schemes, where the project lives only from new users. Again, in order to start earning something, you must first buy something.
Do you think Learn-to-Earn is another model with pyramid features or is it different here?
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Большая просьба для участвующих в обсуждении проекта StepN, не нужно постить в этот топик новости по другим подобным проектам. Для таких новостей у нас есть топик MOVE-TO-EARN Проекты |
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Once we have solid DAU (daily active users) and our community is already enjoying the game for the actual gameplay (w/out any earning incentive) we will push our funding round and then TGE, with token utility in terms of in-game sinks and staking from Day 1.
Do you already have ready-made solutions for attracting users to your product? It's just that these are extremely difficult times, and all these business models are not very popular among players, based on various reports from major analytical companies. There is a global lull in these business models. Also, games in this industry have a balance sheet problem. The number of players who come to the project for earnings greatly exceeds the number of players who bring money to the project. |
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Question is if I should play it safe with Bitcoin or go with a medium risk coin like I have mentioned with Algorand which would return a lot more in 2-3 years IF it lasts the distance which I think it will. I am not talking about a meme coin here, Algorand is one of the sponsors of the FIFA World cup later this year and has a lot of potential.
These are just your expectations, which may have nothing to do with reality. Have you ever tried investing in any altcoins for more than 1 year? Many of them are good only at short distances, and at a distance they often fail or stagnate in one place. I can say the same about Algorand. It's a coin, which didn't give a new ATH in the previous bullrun, and stomped on the place in terms of conquering the price tops. This may indicate that this project is not suitable for long-term investment. There's a 90% chance this project will still be trading in the range it traded in two years from 2019 to 2021. The World Cup is not a fundamental indicator, it is just a reason for short-term growth, the World Cup will pass and everything will go back to the way it was before. |
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Действительно, там количество способов оплаты меняется периодически. Сейчас от всех этих вариантов вообще всего пара осталась, а ведь когда я смотрел, Webmoney там правда был. Отчего это зависит - не знаю. Случайно обнаружил вот такой вариант ещё: https://susepaste.org/images/84390293.pnghttps://franklin.exchange/Курс, конечно, не приятный, но просто как вариант. Да, спасибо большое за вариант. Курс действительно заоблачный. В обменнике самой WebMoney и то курс лучше будет. Там за 100 WMZ дают 83 USDT. |
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Some of the notable crimes include the Plus Token Ponzi scheme that resulted in the seizure of over $20 million in DOGE by Chinese authorities and the alleged theft of $119 million in Dogecoin linked to a Turkish Ponzi scheme in 2021.
Well, the news background around DOGE keeps getting worse and worse. First accusations of manipulation from Ilon Musk, now the use of the coin in various fraud schemes. In the meantime, the coin keeps falling to the bottom, having already reached 6 cents. I wouldn't be surprised if the price drops below 1 cent soon, because the price of it has been actively pumped up too much lately. If this news about ponzi schemes and other frauds involving DOGE is spreading more widely now, exchanges may start to remove this coin from listing massively, like it happened with Ripple in its time, and then DOGE will start to sink even more massively. |
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But what about you. you can also take part and participate.
I bought this project at one time on Coinlist for 0.25$, I still keep it in my portfolio. There is hope that this project in the next bull run will grow, and will exceed its current ATH of $9. The mina protocol has the lightest blockchain and is really decentralized, the project also solves scalability issues and will allow for truly secure applications on the blockchain. Hopefully these features will expand the use of this protocol and as a consequence increase its price. |
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for me, there's no reason to compare these top 2 crypto projects. they have their own significance in the crypto market. there are features like smart contracts that btc can't offer. but we can't deny the fact that the scope of btc is larger than eth. why not just be grateful that we are enjoying both worlds of btc and eth? let us be thankful that in this generation, we are lucky that we have experienced this kind of technological advancement. there may be more innovative platforms in the future. but for now, we are lucky to have these in our generation. it is giving more opportunities for people to enhance their portfolio, if they know how to get involve with crypto projects.
Indeed, there is no point in comparing these assets because they each fulfill their own role in the crypto industry. I can't say for sure if bitcoin has more uses than ETH in all sectors. Bitcoin's use in various investment sectors as well as in payments is definitely much higher than ETH, but what is bitcoin's use in the crypto industry itself? Exchanges, institutional purchases and that's it, basically. Because more than 60% of bitcoins don't participate anywhere, they are locked in cold wallets for storage, but eth does a lot for the crypto industry, many projects are built on it, many different types of tokens use ETH, that is more bitcoin for cryptocurrency storage and more ETH for utility. |
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I want to do this for the next 2 years and was at first going to go with Bitcoin however the profits will be a lot larger If I go with a riskier Altcoin, just not sure which one to go with.
That's the mistake absolutely all beginners make, they always try to increase the risk in their investments, not decrease it. No one wants to get rich slowly, they all want to become millionaires in a couple of years. I can tell you that with 99% probability you won't become one, because you don't understand risk management. You are not willing to invest in projects where there is minimal risk, but in those that offer more profit. That's what the whole altcoin industry is built on, to lure in more people who are expecting quick profits and to just as quickly bankrupt them all. Buy only those assets that have moderate risk, like bitcoin, buy at any time with free money and in 3-4 years you will earn good money. That's what investing is, and your plan is not investing, it's gambling. |
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Well, it is very hard to call it a struggle, because the difference between the capitalization of Bitcoin and Ethereum is 3 times. I don't think there will be a shift of the cryptocurrency leader, bitcoin is the #1 cryptocurrency for everyone and it is much more popular in terms of investing and cooperating with businesses from the world of traditional finance, such as funds, banking institutions and so on. Ethereum will still be the leader of its segment, in the field of smart contracts, but it is not enough to displace bitcoin from its position. In addition, the move to PoS will make it a less trusted asset because PoS is more centralized than PoW.
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That's the whole point of this "decentralized" (lol) platform, where one address provides 90% of the vote. I used to believe in this project, but now Solana is only repulsive. Still beta, constant blockchain glitches, questionable voting, lack of decentralization, just another big project to collect money from crypto commoners.
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I don't know, now is not the best time to launch Play-to-Earn projects, simply because the hype for these projects has long ended, and the industry is going through liquidity crisis and this liquidity, first of all, leaves exactly such tokens (play-to-earn, NFT, Meraverse, etc.). There is uncertainty in the market right now and so it is not known how long the crypto-winter will last, so investing in such now is a huge risk.
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The point is that when the fall really ends and the recovery begins, many will start to buy above the lows. It is every investor's pipe dream to buy at the bottom right before the market turns, and in fact, without insights, 99.99% of investors will never buy at the bottom. So it is stupid to try to wait for the absolute bottom to buy, it is better to pick up promising projects step by step. And to argue that you should not buy now, because it can fall even deeper, you can forever.
By the way, that is exactly the reasoning of those who did not buy anything at the time of the covid crash in 2020, thinking that this is not the end and will fall further, in the end they were all deceived and the market began to grow without them. So if it's a utilitarian project, buy in stages rather than trying to buy everything in one go at the lowest possible price.
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And why not? Those projects that present the same smart contract platforms as Ethereum are also growing and developing well, which is not the case for projects that present something completely new. In cryptocurrency, what matters is reach and the ability to attract as much of the community as possible, even in already established solutions. And new technologies sometimes do not have integration with major projects or have narrow opportunities for use, so big money does not flow there, and as a result, it turns out that the project is innovative, but no one needs it.
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The site loads for me, but, when trying to find the text of the post the site takes a while trying to find something and then a search error appears. I don't know what happened. Maybe while repairing the VPS (as TryNinja reported here) the repairmen damaged something.  |
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...I wonder if EUROC will be fully backed by real EURO, or as usual, some in fiat and the rest in securities? Then it will be another stablecoin, which sooner or later will lose its connection to the EURO.
Given the fact that USDC is fully backed by the dollar, it can be assumed that EUROC will also be fully backed by EUR, since they have the same issuer. The time-tested mechanism of USDC functioning does not require additional innovations, which will be transferred to the new EUROC stablecoin. I would argue about the claim that the USDC is fully backed by the dollar. Since the last audit, this claim has been questioned and even Circle itself has amended its website to say: Each USDC is backed by one dollar or asset with equivalent fair value, which is held in accounts with US regulated financial institutions. In essence, they are writing that each of their tokens is backed not only by a dollar, but also by an asset of equivalent value. By this you can mean various securities, bonds, etc. Actually, I read somewhere that USDC has no more than 60% real fiat collateral, the rest is all in securities. |
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Another meme-coin with a scary number of zeros after the decimal point. If such projects grow, it is only during periods of general market euphoria, when liquidity flows into everything. In bearish periods, as well as in periods of recovery, investing in such projects is of little interest to anyone because the project does not carry any utilitarian value, just another pump&dump project which can pumping, if some Influencer takes it on and starts to PR it. Without that no one needs such projects.
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