Latest posts of: mexite

Even though cryptocurrency is largely unregulated, I believe every organization involved in the sector should have some internal policies that forbid insider trading. It's really bad for a business to trade against its customers. It's abuse of trust and ut erodes customers confidence in the system.

There is scarcely bounties of Solana-based or Fantom-based projects advertised here or any other platform. The most common way by which projects built on SOL or FTM reward community is by airdrop. Particularly, most tokens on Solana are shared by airdrop to users who join Twitter or Discord or sometimes to holders of particular coins e.g COPE. That's the hard fact.

You've got some good ideas up there but I will only comment on the first two.

1. There are a many crowdfunding platforms in crypto nowadays. In fact all these launchpads are examples and I'm tired of just seeing launchpads or crowdfunding platforms spring up here and there without any new innovations. If you must create a crowdfunding platform, then it must be different. One of the features could be "fund release on escrow based on milestone achievements".

2. For number two, this could be integrated with one, and will only be pragmatic and less cumbersome if it's for digital goods.

Decentralized lending platforms have become a very strong niche in the evolving DeFi world with MakerDAO, Aave, Compound and Venus leading the pack. These protocols have proved themselves to be reliable over time, and I believe that they are vital to sustaining the DeFi idea parallel to traditional financial instruments.

There was this maintenance that Hotbit did that lasted for weeks, it gave me goose bumps as it seemed unending. But thank goodness that they came back. I use the exchange to buy some prospective coins before they get listed on some other CEXs. I hope they can work on their liquidity, invest in quality top tier projects like Binance, FTX and co are doing, so they can also offer launchpad.

It would be help boost traffic and liquidity on the exchange.

Do you have a Telegram group chat or discord group for community discussion? I would like to join and get to interact with the team to understand the project better and its prospects. I saw that you are preparing for yoir IDO, so which platform are you going to use?

It's good to see how Sandbox has continued to grwo over the years giving users the ability to create, share, and monetize in-world assets and gaming experiences. I'm particularly excited with the news of Snoop Dogg getting onboard.

I hope we can have more celebrities coming aboard.

Solana has been doing well in its recent bull run. The price was only affected by the problem the network ran into in. I believe Solana will still push to break its ATH. It's a goos coin to owm

Quote from: a298b112 on September 17, 2021, 11:21:54 AM

I have couple of questions regarding staking:

1. How staking work for altcoins that are PoS?
2. How is your coins used by those who took it as a stack?
3. When you stack, is your coin stays with you or it will be transferred to somewhere else? (the idea of transferring your coins seems to be really stupid)
4. Anything I should read/watch/learn about stacking?

Thanks.

My inputs:

1. Staking works for blockchain that operates on the PoS consensus mechanism. When you hold and lock coins on the network, you help to secure the network and confirm transactions on the blockchain.

2. When you delegate your coin to a validator, they accumulate the coins with those contributed by other users to make the network's security more robust. PoS model give voting power and align incentives for the user.

3. In order for you to stake, you have to transfer or deposit it into the delegates pool or lock it into a smart contract if you are staking yourself.

4. There are a lot of enlightening articles on staking on Google and videos on YouTube. Avail yourself of the various online resources to know more.

Great list you've curated here. DYdX is done and dusted, hopefully the other decentralized exchanges on the list will have a drop for their users. The only challenge is the high gas fee using these platforms. Whales may not feel it but small users would feel it.

The high gas fee on Ethereum is actually the major reason why a user will use the "approve all" rather than "approve once"when trading on e DEX like Uniswap. The risk is high considering how DeFi dApps are exploited every now and then. Glad that there are countermeasures to put this in check and revoke any access granted to the smart contracts.

Thanks for the heads up.

It's unfortunate that scammers would always find a way to defraud unsuspecting people of their funds. Recently I saw an NFT sale in which the seller enticed buyers with some unknown tokens. Something like..... "if you buy this NFT, I will send x token to your wallet, dm me your wallet on Twitter after you purchase".

New methods are being devised every day, my advice is that one stays vigilant.

Bounty managers are the trusted face of a project marketing its token for public attention. That's why hunters are often disappointed if the project refuses to pay and they end up blaming the manager for managing such a dishonest project.

I believe empathy, communication, on-time processing of work submissions are also part of what makes a great bounty manager. I have participated in bounties in which the manager has disappeared from the group almost 3 months ago leaving everyone in limbo despite claims he's doing fine.

There are several launchpads right now in different blockchain ecosystems, and many of them are doing well but generally investment in crypto is always NFA (no financial advice). However, personally I've used a couple of launchpads with proven track record of top-tier projects such as Coinlist, MakerDAO's SHO, Poolz, and Polkastarter.

Kindly do your own research because it's your money.

Did you just integrate crypto betting into your platform or it has been so since you began operations? It would be great seeing more platforms offering utility for services for crypto. But I don't categorize betting as a form of passive income. It's a risky venture just like futures trading but whoever is given to it can try it out.