I am looking for new NFT project that has very good utility Do you have any project in mind that can be as good as APE NFT in future? What new NFT project you are presently into? Bored Ape Yacht NFT and other are just way too overpriced.
Do NFT tokens have any utility? Of the projects you listed that have already grown, what utility do they represent? NFTs are just collection items, I don't see any utility in them. If you want to invest, don't choose NFT, these tokens tend to depreciate very quickly. Let's say, NFT is very easy to buy, but very hard to sell. Now there is a lull in the altcoin market and a bearish trend is coming, now all these NFT projects can depreciate very quickly. If you saying that all NFTs are just collections item and they have no use cases what about in-game NFTs? I have seen few play to earn NFT projects where people can import their NFT to use in the game itself like armour, weapons and other. I wasn't talking about the fact that they have no use cases, I was talking about their utilitarianism. From the point of view of usefulness, NFTs, in my opinion, do not carry any utility. Games are just an element of entertainment. Games change each other very quickly, so as soon as the game loses popularity, these NFTs that are used in games will also lose popularity. The Game-Fi industry is rapidly developing and is filled with a large number of projects, many of which will soon go into oblivion forever. Do you want to invest in NFT, the value of which depends on the popularity of the game? A dubious investment.
|
|
|
Dont know on what would be the set-up for this one on how they would be tracking out real-time movement or activity of a certain individual considering that it would be prone to abuse or exploits
if we do talk about movement kind of tracking apps or something and since its been not monitored personally then you dont know if someone do really make out such movement but still do earn those tokens/coins which i would really love to hear or know about on what would be the proper application for this one.
If they had raised out $2M for this idea then lets see if this one would succeed or not.
I studied this project in more detail and so far, personally, it all evokes bad associations with HYIPs, matrices and pyramid schemes. That is, to register in the project, you need an initial investment. Doesn't it remind you of anything? You have to buy sneakers in the app, and they are not a small price. See for yourself: https://whattonews.ru/goto/https://magiceden.io/marketplace/stepnThe next thing that reminds you of the connection to pyramid schemes and gambling is the levels to be pumped up. There are 30 levels in total and the higher the level, the more tokens are paid out. That is, if you actively use the application those sneakers you buy, they will pay off in 1.5-2 months, only then you will earn.
|
|
|
Unless we are experienced and have good analytical skills, we can try to make a profit by investing in new projects.
This also requires experience and analytical skills. There are a huge number of new projects coming out, especially in periods of hype. Are you suggesting that you invest in everything just because it is a new project? New projects are even more dangerous than what famous people advertise. Because celebrities advertise already promoted projects which have a capitalization, and new projects often have nothing besides a smart contract address and a website. It does not take much money to invest in new projects, for example. Because even an investment of $300 can easily turn into $30,000 in a few months, but to find such a project, you will need to study a lot and identify exactly the worthwhile product. I once read a strategy of beginner, he was planning to find new projects and invest $100 for each, hoping that some project will exactly catch a haip and bring him x1000, covering remaining losses. In the end he didn't find any such project and invested his money in a pile of garbage.
|
|
|
A few statistics: 8,000 US dollars, 400 days, 5 billion, the most awesome investment. This is SHIB.
I've already seen some calculations somewhere on the forum regarding this estimated price. And they are unrealistic. Although I see a lot of negative responses, my answer would not be original either. No, SHIB at 0.1 is insane. I take it you want to see SHIB at 10 cents? That's even crazier than SHIB at 1 cent. SHIB is now capitalized at $13,167,601,641 and the value of 1 token is $0.00002396. Do you want SHIB at 0.1? Just multiply the capitalization by a factor of 4100. That's how much money this project would need for that price.
|
|
|
I am looking for new NFT project that has very good utility Do you have any project in mind that can be as good as APE NFT in future? What new NFT project you are presently into? Bored Ape Yacht NFT and other are just way too overpriced.
Do NFT tokens have any utility? Of the projects you listed that have already grown, what utility do they represent? NFTs are just collection items, I don't see any utility in them. If you want to invest, don't choose NFT, these tokens tend to depreciate very quickly. Let's say, NFT is very easy to buy, but very hard to sell. Now there is a lull in the altcoin market and a bearish trend is coming, now all these NFT projects can depreciate very quickly.
|
|
|
Let me know if you think any of the prpject will grow such bigger in next 3/4 years.
Realistically, such a project can be absolutely any of the thousands of projects. Why? Because every investor who invests in even the most useless shiatcoin believes that it will grow 100 times in the near future. So all the projects that you will see here, from an investment point of view, will look like a game of roulette. Do your own investigation, projects-gems are not easy to find, and you certainly won't find them in the forum comments.
|
|
|
I think cryptocurrencies are not able to defeat fiat currencies without changing nations culture and ethics! what do you think?
And why should they beat fiat currencies? In general, I often see various arguments about how cryptocurrencies should replace fiat money. Personally, I am of the opinion that cryptocurrencies do not need to try to replace fiat; central banks are unlikely to ever allow this. They are already creating solutions for this in the form of CBDC tokens, a centralized currency whose issuance will be controlled by the central banks themselves. Cryptocurrencies may well live and develop in parallel with fiat. For example, investment assets like real estate, gold or bonds have no goal to replace fiat, they exist together with fiat and do not pretend to be money. Since cryptocurrencies are still used more as an investment asset than as a currency to pay for goods and services, they do not need to replace fiat currencies as an investment digital asset.
|
|
|
It could have a good impact short term considering the fact that many of us were restricted to move freely during the height of the pandemic and gained weight hehe. If there's a platform to earn while getting back to shape then why not? It's Iike the complete opposite of the P2E model where players can just sit and earn. M2E would most likely become popular with the older gens while P2E to the younger gens.
Yes, it could encourage people to be more active, and that is the positive side of this whole business model. The negative side will be, as always, the desire of various scammers to just make money off of all this hype. Everything new attracts scammers who launch dubious projects with dubious tokens and try to speculate on fresh ideas. I've already seen one of such projects on this forum, which just borrows an idea and doesn't offer anything original, but just engages in copying. The most important thing is to return to form without investing in all sorts of pacifier projects that masquerade as this fresh business model. My guess is that there could be a lot of such pacifier projects in the near future.
|
|
|
Solana will definitely survive the big collapses, it has a very large ecosystem. I don't quite understand what you're talking about, considering how well Solana has traded the last 4 weeks. Solana historically has a bullish chart, historically this coin is always rising. In the last 2 years the project has grown by $20,000, it rightfully takes its place in the top 10.
Unlike NANO with which you made the parallel, SOL has another way. NANO was a project that grew on the 2017 HYIP and never updated ATH again, this is a completely different asset class, which is very risky to invest in the long term, unlike Solana.
How are you so sure about this? Nobody in the world has a data to back this up, you could be right, you could be wrong but we can't know it right now. Nano was the most loved "new" coin during that period, it was basically hyped beyond measure, but it dropped to never recover again. We could possibly see SOL to do the same again, never be above 200 dollars ever again, there is no guarantee for that not to happen. Also it is a coin that is under 200 bucks, no idea what you mean by growing 20k+ in the last 2 years. All in all, yours is a prediction, you think its doing fine and that means it should do fine, and mine is also a prediction, I think its doing good, but that is not a guarantee that just because it has been good, it should continue to be good and thats the risk I am trying to get attention towards. Like I said, I am not saying it will go down or stay down, all I am saying is that, thats a "possibility". And how do you imagine long-term investing in general? If you invest in a coin, you can't be guided by the fact that no one knows whether there will be growth or not, you just believe based on your own analysis. Otherwise, what is the point of investing at all if you are not sure for yourself personally that this coin will have growth. I've done my own research and made my own decision, I'm not imposing it on anyone. As they say, DYOR. The early bitcoin investors couldn't be sure bitcoin would grow to these values either, but they still invested and believed and waited patiently. They had their own internal motives for such behavior. And if any investment is approached the way you describe, then it doesn't make sense for anyone to hold coins at all in the long run. However, they do.
|
|
|
accounts can only be recovered to the original email used for sign up.
Is that true? Hopefully not, else I'm screwed if I ever need to provide login info to Theymos. You'd think being able to sign a message from a staked addy would be enough, because e-mails can get changed and info lost as time goes on. I've been a member of the forum since 2015, and I don't know how many passwords and so forth that I've burned through. Anyway, I'd never heard what you claim is true. Maybe if a mod stops by, they could verify that. Here is what theymos writes about this in this thread : I think what he is referring to is the e-mail at the time of the break-in, not the very first e-mail address. Because the e-mail can change many times over the course of your time on the forum.
|
|
|
Have you heard about a new business model in the crypto industry called Move-to-Earn (M2E)? It's about tokenization of various forms of physical activity. According to the idea, this model should provoke more people to an active lifestyle, which will be encouraged by the tokens of the corresponding blockchain application.
At the moment, the most famous project is STEPN and their token STEPN (GMT), which has already raised almost $2 million in capitalization.
What do you think, what is the future of this business model and will there be a hype for such tokens?
|
|
|
It's been more than 2 months since I joined the airdrop. and not a single token can make money. even though I have joined many airdrops. I joined the airdrop that was shared on twitter or the telegram channel and ended up in vain. I only got worthless tokens, dusting tokens, non-sellable NFTs, and what's worse there were several airdrops that required me to send a bnb for fee.
why is it so hard to earn money from airdrop now. as if being an airdrop hunter is a waste of time.
Most airdrops are just spamming with actions in social networks, attracting referrals, and the most common bots. The most worthwhile airdrop is either retrospective airdrop for early activity in a project or service (for example, UNI airdrop) or airdrop for early participation in some venture project that has not yet entered the market, that is, it is airdrop for early adopters. It is in these cases that you can get a nice bonus in the form of tokens that you can sell at a profit. All other airdrop, the value of which is $5-20, and that only if this project will be added to some exchange, are a waste of time and not worth the effort.
|
|
|
Still, the hype around algorithmic stablecoins continues. As mentioned in the OP, NEAR will launch its own algorithmic stablecoin, USN. It has already been added to the NEAR wallet testnet. There should be an official release on the main network very soon. Apparently the success of Terra's UST stablecoin has spurred NEAR to accelerate the adoption of this stablecoin in an attempt to occupy its niche in the rapidly evolving crypto stablecoin sector. Also following UST, blockchain Tron will also launch its algorithmic USDD stablecoin, which will be backed by TRX. Stablecoin to launch in early May: https://twitter.com/justinsuntron/status/1517143091722940417Definitely a trend that will be supported by other blockchains. We look forward to more announcements.
|
|
|
The NEAR protocol is already working hard to implement its own USN algorithmic stablecoin. Obviously, this is a promising niche and every known protocol or blockchain will want to take its place in it. I have already mentioned it many times in this section and it seems to me a promising direction, considering how much the stablecoin market is developing. Of course this type of token has its vulnerabilities. Yes, they are decentralized, but they are smart contracts and they are prone to frequent hacks, just think of Solana's algorithmic stablecoin, CASHIO, which lost all liquidity due to an exploit in the smart counter.
I think this is the main obstacle for algorithmic stablecoins to displace centralized stablecoins such as USDT and USDC from their pedestals.
|
|
|
Meme tokens generally belong to the category of high-risk assets, so if you buy such an asset, you need to constantly monitor the market in order to sell these tokens as profitable as possible. These tokens are not from the category: you buy them, put them in storage, and then sell them some time later. By the time you remember them, they may have already depreciated a lot. Even meme tokens like SHIBA and DOGE have lost a very large part of their value lately, even though those tokens have strong community support and many exchanges support those assets in their listing lists. And about unknown meme tokens I can say that they will be forgotten about very quickly.
|
|
|
A classic way to punish people for being stingy and greedy. Various unknown exchanges attract customers with cheap prices, bonuses and low commissions. And many fall into this trap. What matters for the exchange is its reputation and liquidity, and if some exchange company demands more for its services, there is a justification and they have the right to put such a price tag. People looking for cheap options think that if they pay less, they will receive the same level of service as the exchange, which asked for more. The miser pays twice, three times, and sometimes all the time. Do not mess with exchangers with no reputation.
|
|
|
Guys, how do you use your crypto profits? Well I started investing in crypto last year but still to earn that much profits. How about you all?
I reinvest most of my profits back into cryptocurrencies. The whole beauty of crypto investing is the compound interest. Re-investment is very important. Your portfolio, exactly in crypto equivalent should be constantly growing, even if you withdraw part of your profit for some needs or entertainment, the main rule is that it should not be the biggest part of your profit and your portfolio after making a profit should not remain at the same level as it was some time ago. It is compound interest that provides you with the most profits, not medium-term speculation.
|
|
|
In the short term, it may have a negative impact on the ecosystem, but in the long term, the Solana ecosystem will evolve and grow. Last month the token gave +50% return, which is a good gift for investors. Although the price is still far from ATH, but I personally believe that in the future, in 2-3 years Solana could easily reach $300-400 per 1 SOL. I also don't rule out the possibility that if crypto market collapse starts, SOL might go down to $30-40, but it won't mean collapse of ecosystem, it will mean good opportunity to buy some cheap SOL for long term.
If a big collapse like that happens, there will be some projects who will stay low, and some that will go up even higher and some brand new ones coming up during that period. It was like that in 2014, it was like that in 2017 and similar in 2021 as well. All those old projects that shouldn't be high, ended up getting lower and lower and never recovered (damn you nano! lol) and then we had new projects like SOL for example along with big names like btc, eth, bnb and so forth keeping high. I believe that SOL is right in the middle of that, I can see it go down with everything and never coming back, but I can see it going even higher as well. Its not clear which one it is so far, maybe with time, it will get more clear. Solana will definitely survive the big collapses, it has a very large ecosystem. I don't quite understand what you're talking about, considering how well Solana has traded the last 4 weeks. Solana historically has a bullish chart, historically this coin is always rising. In the last 2 years the project has grown by $20,000, it rightfully takes its place in the top 10. Unlike NANO with which you made the parallel, SOL has another way. NANO was a project that grew on the 2017 HYIP and never updated ATH again, this is a completely different asset class, which is very risky to invest in the long term, unlike Solana.
|
|
|
I've already seen a similar project, with a similar concept - go and make money. It is called StepN. And the difference between this project and yours is that it has found support from various venture capital funds, including Binance, Alameda, etc. And this project is even already on: https://www.coingecko.com/en/coins/stepn. I couldn't find your project anywhere. It feels like you just stole the idea from a similar project and are trying to make money on it.
|
|
|
|