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1  Alternate cryptocurrencies / Altcoin Discussion / Chainlink's VRF gets selected by Pioneer DeFi and NFT Game Platform AnRKey X on: February 18, 2021, 04:53:00 PM
SINGAPORE — AnRKey X, the pioneering decentralized finance (DeFi) gaming platform, announces a new mainnet integration with the industry’s most widely-used oracle solution, Chainlink. The integration involves AnRKey leveraging the Chainlink Verifiable Random Function (VRF) to randomly select weekly prize winners of AnRKey X’s Rare and APY power boosted Non-Fungible Tokens (NFTs).

These distribution transactions will be labeled as “Chainlink Verified’’, further emphasizing the technology’s core strength in powering a verifiably random and fair prize distribution mechanism to the benefit of all players. By using Chainlink VRF for in-game NFT drops, AnRKey X sets a new precedent in DeFi Gaming — combining blockchain technology, decentralized finance, and video games.

Source

We’re excited to empower AnRKey X to pioneer completely new blockchain-based elements within the gaming industry by providing them with a provably secure and verifiable source of randomness. This allows AnRKey developers to guarantee the unbiased and tamperproof distribution of rare and highly valuable in-game NFTs, bringing more trust to the gaming industry and its in-game assets,” said Daniel Kochis, Head of Chainlink Business Development*.*

It's great to see the NFT industry finding other ways to collaborate with top notch platforms to improve their game.
2  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Piction Network Launches Strategic Collaboration with Axie Infinity on: February 12, 2021, 10:05:11 PM
Good to see play to earn being brought over to Piction's marketplace.



I agree, we need more diversification on Piction, atleast this can attract Axie's userbase to start profiting on Piction
3  Alternate cryptocurrencies / Altcoin Discussion / Re: Online Education, the future of learning? on: February 09, 2021, 02:27:59 AM
Thanks for your replies, it makes sense what you guys have said. The best use case must be for the process for schools will have like for payments, certificates, etc. Any computer-related courses might have something in the future I guess? But for online courses, I have seen something before like Pearson Education, which has online courses and modules way before it was popular. You can also learn different things from websites like Udemy, Coursera, and even Youtube. Maybe we will have something like that in the future or we already have but most of us don't know yet.
4  Alternate cryptocurrencies / Altcoin Discussion / Online Education, the future of learning? on: February 08, 2021, 06:38:52 AM
The year 2020 made us realize that we should be prepared for anything. So many jobs have been lost, businesses and establishments were closing. Schools have closed entirely as well.

So we are now into this new age that most of the things we are doing are online. Food, grocery, shopping, and most importantly, education. Schools have created modules for what they call distant learning. I know this is not that new, but I am just curious to know if this pandemic will change everything we know about.

I am not new to crypto or blockchain but I don't have any extensive knowledge regarding the technicalities. Do you guys think that there is a use case for blockchain on online education?
5  Alternate cryptocurrencies / Altcoin Discussion / Korean Polkadot Alliance on: February 08, 2021, 12:57:33 AM
STP, RAI Finance and Cobak have joined together to form the Korean Polkadot Alliance (KPA), a non-profit consortium of industry-leading projects and teams in Korea that are building on Polkadot. Top Asia cryptofunds including NGC Ventures and GBIC are also initial founding members. The KPA’s mission is to facilitate and accelerate the development of the Polkadot ecosystem in Korea.

KPA Major Intiatives:

· The first major initiative will be to bid for a parachain slot on Polkadot utilizing the DOT from each foundation of our initial founding members STP, RAI Finance, Cobak along with capital from founding backers NGC Ventures and GBIC.
· The KPA will also facilitate Parachain Lease Offerings (PLO) where DOT holders from the Korean community can stake DOT to receive native tokens from KPA member projects. (More info to come on the mechanics of the PLO)
· The KPA will also help members prepare for the parachain auction process which includes ecosystem strategy, technical advisory, governance, fundraising strategy and awareness with the ultimate goal of securing and operating a successful parachain on Polkadot.
· The KPA is dedicated to building a vibrant and open community in Korea centered around Polkadot. The KPA will organize talks, discussions, meetups and events focusing on the Polkadot ecosystem in Korea.
The KPA encourages any Korean projects, teams and developers that are building on Polkadot to join us on our mission. Existing projects and teams looking to tap into the Polkadot ecosystem in Korea are also welcome!

Source

It's great seeing projects unite to improve ecosystem for their respective countries.
6  Alternate cryptocurrencies / Altcoin Discussion / Navcoin Core 6.0 fully-tested and ready on: January 17, 2021, 10:17:19 PM

The launch of NAV's very much awaited new private coin xNAV was kickstarted two weeks ago on January 1st with the publishing of the Navcoin Core 6.0 release candidate binaries.
After being able to get the builds battle-tested on mainnet during the testing period, the builds have shown to be stable and with no major reported issues.
As of today, NAv is ready to make the final version available for the community to download from their Github releases page.

What’s new
Nav's latest release brings improvements to governance and security, and also allows NavCoin to make significant upgrades to privacy and coin utility through the development of xNAV, their new private token. xNAV is supported by our novel blsCT protocol which brings an efficient and privacy-respecting currency to life, and allows anyone to take control of their financial transactions while retaining their anonymity.

User security is greatly enhanced by the introduction of full wallet encryption allowing wallet transaction data to be fully encrypted. This works in unison with our cold staking functionality, which allows staking to be carried out by offline wallets, further reducing the risk of security flaws and helping to secure all users’ funds.

Source
7  Alternate cryptocurrencies / Altcoin Discussion / NAV's new coin launchmap on: December 30, 2020, 06:20:07 AM

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The first consequence of implementing blsCT in the NavCoin network will be the creation of a new coin; Nav have decided to name this coin xNAV. It will provide functionality from within their  core wallet to freely swap between NAV and xNAV at a 1 to 1 rate. Users will be able to swap between NAV and xNAV at any time, and back and forth as needed. While NAV will keep being the public coin used for transparent payments, staking and voting, xNAV will make payment details hidden from external observers, unless you authorize someone to see the transaction history.

Are these 1:1's/new coins of existing coins becoming the trend now?
8  Alternate cryptocurrencies / Altcoin Discussion / Re: +22%! Bringing NAV back to the spotlight with NavCoin Core 6.0 release on: December 19, 2020, 08:00:32 PM
Their AMA with Binance helped a lot IMO, it brought clarity to what NAV is aiming for in the coming months.
9  Alternate cryptocurrencies / Altcoin Discussion / Re: The success of the project depends on the project developer himself! on: December 13, 2020, 12:28:15 AM
The ICO craze has enabled a lot of these developers to just march out on their own and start coding, make a website, answer telegram questions etc etc, all the while thinking that they are doing something truly unique. They forget that at the end it is a business and they need a product. A product needs marketing, advertisement and all that shit. Yet, the problem with most of these so-called undervalued, good devs is that they all think they are on to something unique. It is impossible for everyone to be a Satoshi or a Bill Gates and make a business from scratch simply on the basis of the novelty and brilliance of their ideas. The echo chambers of their telegram/ Reddit groups makes it all the more easier to fall for this narrative.

They all could do much better only if they used some business sense and actually invested in marketing their product, meeting potential clients and just run an actual business.

I agree, I invested in 2 ICO's that had 100% funding (BZNT and LND) and their Telegram channels have closed down (literally one of them did).  Did they not strategically think of what they'll do with more than $10m in funds raised?
10  Alternate cryptocurrencies / Announcements (Altcoins) / Nem (XEM)'s Symbol opt-in, bitFlyer also announced the correspondence policy on: September 09, 2020, 01:46:57 PM
Cryptocurrency exchange bitFlyer announced on the 8th about the opt-in support for "Symbol (XYM)" acquisition.

bitFlyer has announced on its official Twitter that NEM Group has announced that XYM's opt-in will start on September 15, 2020, and will consider a response policy that puts customer interests first.


Opt-in is a method of granting a new currency in which the NEM (XEM) holder voluntarily makes an "indication" to receive XYM, and the opt-in start means that the procedure of the user who wants to receive the new currency is started. means.

GMO Coin announced on August 26th, Zaif on August 28th, and Coin Check on September 4th, announced policies regarding opt-in support for "Symbol (XYM)" acquisition.

Source
11  Alternate cryptocurrencies / Announcements (Altcoins) / Re: STPT is now listed on @HuobiGlobal - 11m tokens as rewards! on: September 06, 2020, 10:41:48 PM
How can you be qualified for the rewards?
12  Alternate cryptocurrencies / Announcements (Altcoins) / Re: NEM Cryptocurrency Symbol Opt-in launch date XEM Holders at Snapshot to get XYM on: September 06, 2020, 10:41:04 PM
Perfect time, prices has crashed and 1 XEM is actually very cheap.

What will be the application of this XYM tokens? Because even if it is free for those XEM holders, then what? I don't read the importance of this XYM. XEM alone is not a very popular platform though they are in the top 30 cryptocurrencies. But how many projects have been built under NEM and are now successful? I can't even name one project to be honest.

I actually saw on their news that there are several companies using the platform where this XYM token will be used. I think about 5 is already using their blockchain business platform prior to their launch.
13  Alternate cryptocurrencies / Announcements (Altcoins) / Re: NEM Cryptocurrency Symbol Opt-in launch date XEM Holders at Snapshot to get XYM on: September 06, 2020, 10:28:58 PM
Is this XEM's airdrop for their new token? How does this work?


Its simple, you get the same number of their new token with how many XEMs you have.
14  Alternate cryptocurrencies / Announcements (Altcoins) / NEM Cryptocurrency Symbol Opt-in launch date XEM Holders at Snapshot to get XYM on: September 06, 2020, 10:16:07 PM

NEM recently expressed that the Symbol Opt-in launch date is announced.  The opt-in opening date for Symbol is September 15, 2020.

The Opt-in date was on September 07, 2020; however, an additional 8 days have been allotted for testing in order to improve the UI/UX.  There are no new reported challenges as the testing seems to continue.

For those who do not understand opt-in, it is the method by which the existing XEM holders will be able to claim their XYM tokens at the point of Snapshot, which will take place prior to the new chain launch of Symbol, which is scheduled for December.

To place the claim on XYM users should understand and accept the terms and conditions which is available on the website.  This is a part of the process of Opt-in.

Of note, the Opt-in web pages and terms and conditions will also be going live on September 15, 2020.

At the point of snapshot, for those who do not opt in the XEM balance that is there, will be allocated with an equivalent amount of XYM in to the user’s wallet.  Thus, users will be able to Opt-in to their your XYM tokens for nearly 6 years after the launch date providing further details about how this might get shared in the near future.

Starting, September 15, 2020 users will be able to Opt-in using the NEM desktop wallet and the NEM mobile wallet for Android versions only. Notably, the single accounts, which can consist of namespaces & harvesting keys; and Multi Signature accounts, which can consist of namespaces and harvesting keys. Of note, they have also stated that the Multi Signature account Opt-in could only be initiated in the NEM desktop wallet.

Quote
Sydney Ifergan, the crypto expert, tweeted:  “It is Snapshot and NEM Opt-in time.  They state Binance have not yet announced support. They also say that the only way to absolutely receive XYM is to hold XEM in a wallet that is user controlled.”

The best option for now is to store the funds in the NEM desktop wallet.

NEM Cryptocurrency Reimagine 2020 v2.0 Workshop Series

In the Reimagine 2020 v2.0 Workshop series, Laura Angel, Business Development LATAM at u/NEMofficial have provided a general overview regarding the use cases about the two blockchains like NIS1 and Symbol.  The video is worth the watch by those who are trying to understand NEM.

The iOS is expected to be available on the Apple Store at a later date due to the centralized approval process.  For now users are to log into their NEM wallet and follow the instructions for the Opt-in.

Source
15  Alternate cryptocurrencies / Altcoin Discussion / What are DeFi projects lacking? Symbol from NEM aims to solving it. Opinion? on: August 30, 2020, 02:41:28 PM
Currently there are currently 3 main barriers to full adoption for organisations seeking to participate in DeFi:

1. Scalability 
Symbol can provide significantly more transaction throughput to help cater to the significant volume of DeFi users, from individuals to small businesses.
Because Symbol is a hybrid of both public and private blockchain, and it is designed for solutions to help enterprises avoid unnecessary cost and complexity, Symbol can help to avoid the poorly-scaling high fees of Ethereum smart contracts.
With its plugin-based business functions, Symbol is tested and instantly usable, making it easy to build quickly and cost effectively.    
Using Symbol will help to overcome the scalability challenge that can be experienced when building DeFi products and services.  

2. Liquidity and Collateral
DeFi is collateralised by Ethereum as well as Dai and USDC. However, this over reliance on Ethereum means that bringing other collateral types to DeFi, such as Bitcoin, via sidechains is an obvious answer to this bottleneck.
Symbol is built for cross-chain interoperability and, through atomic swaps and multi-level multi-sig features, can provide a ready made solution to assist with collateralising the DeFi system.

3. Reducing Volatility
Today, the primary use case for DeFi remains the facilitation of ‘longs’ on Ethereum – just buying the token and waiting for it to rise up in value. DeFi will only have broken through and created real value when more P2P
lending goes mainstream (think microfinance, small business lending, seed funding, etc).

Symbol is the most effective enterprise ready blockchain today. Designed for real world use, Symbol is the connector between business and blockchain because it is easy to work with and build from for any business seeking to create innovative DeFi products.  
In summary, Symbol is a great option to help maximise the potential of DeFi and to achieve the ambition of helping to make financial systems accessible to all quickly, efficiently and cost effectively.  
The combination of interoperability, ease of use, and hybrid private and public chain allows for secure, quicker and cheaper transactions at scale, and puts Symbol at the forefront of the next phase of DeFi development.  

Thoughts?
16  Economy / Economics / Blockchain helping supply chains get visibility through Symbol/NEM. on: August 24, 2020, 01:13:23 AM

1. App allows device authorisation for scanning QR codes on products and geo-fencing for additional security. 

2. Each scan is then securely recorded on Symbol blockchain.

3. Sustainability metrics can then be presented in real time with tracked .data

A supply chain is a network between a company and its suppliers to produce and distribute a specific product to the final buyer. This network includes different activities, people, entities, information, and resources.

Can solutions that blockchain provide help us get more awareness, or can these be solved by a simple server database?
17  Economy / Economics / Re: Lithuania President gifted crypto to Estonian President. on: August 15, 2020, 10:13:51 PM
These small moves can help wide-spread adoption 100%. Blockchain technology is still very vague, especially to the older generations.
18  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Ethereum ETH 2.0 Launch Date for Testnet | Validator Node Setup & Profitability on: August 09, 2020, 05:40:34 PM
It's great to see ETH2.0 tested without any issues showing up at all, this is one of the reasons why ETH pumped like crazy for the past few days.

You also have to admire what Vitalik and the team is doing, they're not stopping with the project development and is kinda similar to what NEM has been doing. If ETH2.0 is for ETH, they got Symbol which is blockchain for businesses, people are already using it prior to their token launch.
19  Alternate cryptocurrencies / Altcoin Discussion / Re: 21 Best Cryptocurrency to buy in 2020 on: August 09, 2020, 05:38:05 PM
ETH with their ETH 2.0 and Chainlink entering, being kicked out, and entering top 10 in CMC again I think are more than enough reasons to be the best coins this year.
20  Alternate cryptocurrencies / Altcoin Discussion / Re: International Group of Finance Leaders says "Ripple’s XRP Network Leapfrogs Lega on: August 06, 2020, 07:51:57 AM
XRP used to really be a good coin in the past, but it seems like that its not being as competitive compared to all these major projects out there. For example, NEM developing blockchains for businesses that has both dedicated enterprise chain features, so that captures marketcap, plus all decentralization features to target the market cap too. Looking at XRP, it hasn't done much for the past few years, but has major contribution to the crypto society overall.
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