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pemibrie

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#BinanceAlphaAlert AIVille is quietly becoming one of the most promising AI x GameFi projects. AI NPCs with memory, emotions, and goals Fully on-chain behavior Real user economy via $AGT This is the kind of alpha you front-run. #AIVille #AGT
#BinanceAlphaAlert
AIVille is quietly becoming one of the most promising AI x GameFi projects.
AI NPCs with memory, emotions, and goals
Fully on-chain behavior
Real user economy via $AGT
This is the kind of alpha you front-run.
#AIVille #AGT
AIVille
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🚀 IS $AGT THE NEXT #BINANCEALPHA? 🧠

🔥 A brand new story is LIVE!
Earn more $AGT by interacting with AI agents!
🌟New utility: Expanded $AGT utilizations & reward mechanics. Brand New Storyline Unlocked – dive in now!

💎 $AGT CA: 0x0f7895dAb3f8a7F9cc438Fa76e7A793E2bD50968

Let’s work together to drive the success of #AIVILLE and be among the core forces behind the project's growth! 💪🌟#AGT #BNBChain
thank you for the detailed explanation, great read
thank you for the detailed explanation, great read
Crypto Revolution Masters
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Cartesi - The Simple Way to Build in Web3. Updates!
Cartesi emerges as a Layer 2 scaling solution that streamlines decentralized application (dApp) deployment on every blockchain platform from Ethereum to Injective Protocol. It has tackled some of the biggest challenges in the industry by bridging on-chain and off-chain spaces in seamless harmony.
Additionally, it opens doors to smart contract development through popular programming languages like Python by presenting a platform that runs across several blockchain networks.
The Cartesi Machine
The off-chain computing platform of the Cartesi Machine runs on RISC-V virtual technology in a Linux environment. Its importance is evident in several aspects: it proves to be cost-effective by decoupling computations from blockchain, hence minimizing gas fees;
The Cartesi machine also:
👉maintains security through a dispute resolution mechanism that makes off-chain results on-chain verifiable;
👉showcases versatility by working on popular programming languages, thus bridging traditional software development to blockchain technology to create potential breakthroughs in areas like games, finance, AI, and data analysis.
The Machine is constantly improved. This makes it compatible with other blockchain networks to secure its place in decentralized computing.
Building on Cartesi
Cartesi has a full set of traditional development toolchains, libraries, and languages to make it a general-purpose platform. This versatility supports all manner of varied projects:
DeFi
One example is DCA Monster which makes use of ERC20 streaming to implement dollar cost averages on-chain with its deployment on mainnet scheduled for 2025.
Gaming
A good example is RIVES. It is a next-generation gaming console that makes gameplay of games like DOOM or Nintendo titles provable. Players get to post their experiences on social networks and sell them as non-fungible tokens (NFTs).
AI
Its backward compatibility with popular AI libraries positions it uniquely to include AI provability so that it is future-ready in the fast-changing environment of AI.
CTSI Token Utility
CTSI is used as the utility token that drives the ecosystem of Cartesi. Its chief responsibilities include:
🔥Crypto-Fuel
🔥Powering protocols such as Noether.
🔥Staking and Rewards:
🔥It allows users to stake to receive rewards and contribute to network governance.
🔥Transaction Charges
🔥Serving as the medium of charge for inserting data on the side-chain.
🔥Smart Contract Execution
🔥Used in Descartes Rollups to make decentralized applications offload secure and provable computations to offload to other computers.
Cartesi x EigenLayer
The partnership of EigenLayer with Cartesi was in focus at a seven-day hackathon that was part of Cartesi’s Experiment Week. They plan to improve security and scalability by unifying EigenLayer’s restaking protocol with that of Coprocessor from Cartesi based on Linux.
They further plan to drive innovation that would give birth to next-generation DeFi and verifiable AI applications as their developers push new technology hybrids while aiming to advance existing infrastructure.
Through this strategic partnership, Cartesi reiterates its commitment to building a solid and innovative ecosystem at the forefront of addressing challenges and grabbing prospects in the blockchain space.
@Cartesi #Cartesi $CTSI
This is a well put together and informative article. Thank you for this wonderful article about $AVA
This is a well put together and informative article. Thank you for this wonderful article about $AVA
Crypto Revolution Masters
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Travala (AVA): Overview and the SMART Loyalty Program
If you love traveling, then Travala (AVA) is made for you. Chances are, you’ve already used a comparison website in your travels. With it, you can easily compare various accommodations and flights. This feature is invaluable as it lets you quickly identify the most affordable or best choice.
Travala is an Online Travel Agency (OTA). Although the site is like a travel and hotel comparison site, it differs because it has a fully decentralized model with a big focus on cryptocurrencies. After all, Travala is blockchain-based. This forward-thinking design lets you pay for flights and accommodations — be it a hotel room or an apartment — using cryptocurrency. On Travala.com, payments are made in over 30 various cryptocurrencies, including its token, AVA
The AVA token
The AVA is of tremendous value to the platform. As soon as you use your AVA tokens to purchase an airline ticket or book a room in a hotel, you become part of the reward scheme free of charge. With an enormous 40% discount, significant savings become a reality. With it, you can earn free stays, free trips, and free upgrades—all for no additional cost. Incontestably, discounts offered through such a reward scheme have significant worth.
It is well-documented that Travala has many competitors, most of whom are based in a centralized system. As such, they need to differentiate themselves from these competitors—a feat that cannot be achieved by simply accepting cryptocurrency payments.
What can you use Travala (AVA) for?
Travala provides a platform through which you can book accommodations and flights and pay in cryptocurrencies. In the past, bookings have been settled in traditional fiat currency via platforms such as Booking.com, Expedia, and TripAdvisor. With a growing number of people having adopted cryptocurrencies, many of them desire to include them in payments.
That is when Travala comes into the picture. Travala has transparent pricing and reduced service fees, an added benefit in part owed to its well-thought-out reward scheme. What's more, Travala's decentralized nature helps in its competitive advantage. Centralized big companies, in contrast, have high service fees with no transparency about such fee payments.
SMART Program: Travala's loyalty program
As a traveler, you have no choice but to pay such fees. Travala doesn't include such hidden fees in its pricing. They explicitly state why such fees are added and how and when they apply them. However, such fees are much less in comparison with big central platforms' charges.
Of course, Travala also benefits owners of hotels. Usually, owners receive less in terms of earnings when a reservation comes through an intermediary, but with Travala, the fee is much less.
How to become part of AVA’s SMART loyalty program
To become a part of its rich scheme, first, register an account with Travala through its website. Registration is free and simple. Once your account is in place, an immediate 10% discount will apply to your bookings. Booking will require the use of cryptocurrency, but through your Travala wallet, your affairs will run smoothly.
With your coins in your wallet, an additional 5% discount will apply through SMART's reward scheme to your bookings. How many coins you have will have a direct bearing on SMART's additional discount through its reward scheme.
Here are other perks that Travala’s SMART loyalty program can provide
👉Earn up to 10% in cashback: Get up to 10% back in AVA, Bitcoin, or Travel Credits on bookings made after your trip.
👉AVA Smart Bonus: Meeting quarterly requirements can result in up to 20% additional AVA tokens per year for your locked AVA.
👉Access the Open Passport to collect NFT stamps and badges for completed travels.
👉Access 1,300+ airport lounges worldwide with 4 complimentary passes annually.
👉Up to 5% discount: Up to 5% off advertised travel prices at the time of booking.
👉Claim the Ambassador Bonus. Every quarter, completing Contributor Tasks earns you Travel Credit rewards.
👉Own a unique Travel Tiger avatar as a limited generative NFT for online display.
👉Concierge Access: Access to the Concierge.io service for bookings valued at over US$20,000
👉Up to 3% AVA payment discount: When booking in full using the AVA token, you can receive up to an additional 3% discount on the overall price.
👉Participate in airdrops for early-stage token partner initiatives.
👉Travel Drops offers unique, one-of-a-kind travel experiences.
👉Marriott Bonvoy Points: Earn Marriott Bonvoy points for Marriott hotel bookings over US$1,000 through Concierge.
#AVA #TravelTigerNFT @AVA Foundation @Travala.com
this is an amazing read, thank you for this well put together and informative article
this is an amazing read, thank you for this well put together and informative article
Crypto Revolution Masters
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How to get the maximum from Binance Hodler Program and Overview of Berachain - The 7th Project on it
What Is Berachain?
Berachain is a high-performance, EVM-identical Layer 1 blockchain that integrates Ethereum’s smart contract functionality with Proof-of-Liquidity (PoL) consensus model. Designed to enhance liquidity, security, and decentralized finance (DeFi) applications, Berachain provides a developer-friendly environment while optimizing blockchain economics.
Built using BeaconKit, Berachain utilizes the CometBFT consensus algorithm to achieve single-slot finality, enabling faster transactions and enhanced scalability. The PoL model ensures that network participants—validators, liquidity providers, and dApps—are economically aligned to maximize rewards and secure the network efficiently.
How Berachain Works
1. Proof-of-Liquidity (PoL) – A New Consensus Model
Berachain replaces traditional staking with Proof-of-Liquidity, a mechanism that integrates validators, users, and DeFi protocols into a unified incentive model. Validators must stake BERA and direct BGT emissions to liquidity providers in Reward Vaults, creating a self-sustaining liquidity cycle.
Key benefits of PoL:
👉 Validators must align with DeFi protocols and liquidity providers to maximize rewards.
👉 Liquidity providers earn BGT rewards, ensuring deeper liquidity across the ecosystem.
👉 Protocols compete for validator emissions, increasing user participation in DeFi.
2. EVM Compatibility – Easy Migration for Developers
Berachain is fully compatible with Ethereum, meaning that developers can seamlessly deploy smart contracts, decentralized applications (dApps), and existing DeFi protocols without modification. This reduces migration friction for projects looking to expand from Ethereum or other EVM chains.
3. BeaconKit & CometBFT – Faster Transactions & Instant Finality
Berachain uses BeaconKit, a modular consensus framework that integrates CometBFT, an advanced blockchain consensus mechanism. This setup allows Berachain to achieve single-slot finality, meaning transactions are confirmed instantly, instead of waiting for multiple blocks like on Ethereum.
Berachain Network’s Tri-Token System
Berachain operates on a unique tri-token economy, where each token has a specific role in network security, governance, and stable transactions.
1. BERA (Native Utility Token)
👉 Used to pay gas fees for transactions on the network.
👉 Staked by validators to secure the blockchain.
👉 Burned upon use, reducing circulating supply over time.
2. BGT (Bera Governance Token)
👉 Non-transferable, earned through Reward Vaults by participating in DeFi activities.
👉 Used for governance voting and influencing validator emissions.
👉 Can be burned 1:1 for BERA, but BERA cannot be converted back into BGT.
3. HONEY (Stablecoin)
👉 A soft-pegged stablecoin backed by collateralized assets.
👉 Used for payments, DeFi trading, and stable transactions within the Berachain ecosystem.
👉 Can be minted by depositing whitelisted collateral into vaults.
This three-token system creates a balanced and sustainable blockchain economy where each token has a clear, functional role instead of just existing for speculation.
The BERA token is the native gas and staking token of the Berachain blockchain. It is used to pay for transaction fees, secure the network through staking, and enable DeFi applications within the Berachain ecosystem. BERA is burned upon use, reducing its circulating supply over time.
The total genesis supply of BERA is 500 million tokens, with allocations for validators, liquidity incentives, community rewards, and ecosystem development.

🔗Project Links
👉Berachain Website http://www.berachain.com/
👉Whitepaper https://honeypaper.berachain.com/
👉X https://x.com/berachain
Binance Introduces HODLer Airdrops: Rewarding BNB Holders with Emerging Project Tokens
Binance has introduced a new initiative called HODLer Airdrops, designed to reward BNB token holders and support emerging crypto projects.
We already had a 7 Projects on it and it's a great way to put your BNB at work!
The program will distribute tokens from small to medium-sized ventures to eligible users before they are listed on the Binance exchange, providing early access to new opportunities.
To participate in the HODLer Airdrops, users must hold BNB and subscribe to Binance’s Simple Earn products, either Flexible or Locked.
Eligibility for the airdrops will be determined by random historical snapshots of users’ BNB balances in these products. Binance will announce upcoming HODLer Airdrops in advance, giving users time to prepare for potential rewards.
Once an airdrop is announced, eligible users will receive the tokens in their Spot Wallets within 24 hours, before the token is listed on Binance Spot.
The tokens distributed through this program will come from projects with strong fundamentals, large circulating supplies, and organic communities that are set to be listed on Binance.
To ensure compliance and fairness, users must complete KYC (Know Your Customer) verification and reside in an eligible jurisdiction to participate in the HODLer Airdrops. Binance has set a hard limit on the amount of BNB holdings that will be considered for each airdrop, which will be announced in advance.
The program aims to provide additional rewards and benefits on top of existing perks, ensuring a steady stream of passive income for BNB holders.
By engaging with small to medium-sized projects and distributing their tokens to BNB holders, Binance aims to support the development of the blockchain ecosystem and provide users with early access to promising new ventures.
🔥Read more about the Benefits of BNB Stakers:
https://www.binance.com/en/bnb
Participating in the HODLer Airdrops does not affect users’ standard benefits for holding BNB, such as eligibility for Binance’s Launchpool and Megadrop events. Instead, it provides additional rewards and benefits on top of existing perks, ensuring a steady stream of passive income for BNB holders.
To participate in future HODLer Airdrops, follow these steps:
👉Go to the EARN section on Binance.
👉Subscribe to Simple Earn Flexible or Locked products.
👉Binance will automatically take snapshots of your balance and calculate rewards based on your BNB holdings.
#BERA #BERAonBinance #BinanceHODLer
Interesting article well put together
Interesting article well put together
Crypto Revolution Masters
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BERA on Binance HODLER and how to earn maximum from your BNB + Benefits of Binance HODLer Program
What is Berachain?
Berachain is an EVM-compatible blockchain built on the Polaris EVM framework, enabling developers to easily deploy smart contracts written in Solidity or Vyper. The project aims to become one of the most liquidity-efficient EVM blockchains by leveraging the CometBFT consensus algorithm, which is based on the Cosmos SDK.
One of Berachain’s standout features is its Proof of Liquidity (PoL) mechanism, which helps prevent Sybil attacks, increase transaction processing speed, and reduce costs, creating a more efficient environment for investors and users.

Achievements of Berachain
🔥Boyco Market, a pre-launch liquidity platform, helps dApps attract early users and liquidity. It has accumulated over $2.2 billion in deposits across vaults from 150,000 users.
🔥Berachain's FDV (Fully Diluted Valuation) is projected to be between $15 - $40 billion.
Berachain has announced that its mainnet will officially launch on February 6, alongside its Token Generation Event (TGE). The airdrop event has been highly anticipated by the market.
Berachain has completed a $69 million funding round, led by Brevan Howard Digital and Framework Ventures. Prior to this, the project successfully raised $42 million in Series A, with participation from Polychain Capital, Hack VC, dao5, Tribe Capital, and others.
Benefits and Key Features of Berachain
Berachain is structured to address common inefficiencies in blockchain economics by linking validator rewards to network activity. The Proof of Liquidity (PoL) model introduces several key features:
Efficient Liquidity Utilization
Unlike traditional staking models, which primarily focus on network security, Berachain’s PoL mechanism integrates liquidity provisioning directly into the blockchain’s economic design.
Validators are incentivized to engage with liquidity pools, ensuring that network rewards contribute to real economic activity rather than passive staking.
Dual-Token Economic Model
Berachain separates economic utility and governance through its dual-token system:
👉BERA is used for transaction fees, staking, and activating validator nodes.
👉BGT serves as a governance and rewards token, earned through liquidity provisioning and validator participation.
This structure is designed to encourage liquidity provision while preventing governance centralization. Since BGT cannot be directly purchased or transferred, its value is tied to network participation rather than speculative trading.
Dynamic Validator Rewards
Validator rewards on Berachain are determined by both their BERA stake and BGT boost (which reflects their contribution to liquidity). This system is intended to create a more balanced rewards structure, ensuring that validators actively support ecosystem growth rather than relying solely on token staking.
Application-Level Incentives
Berachain includes reward vaults, which allow decentralized applications (dApps) to incentivize users for specific actions, such as liquidity provision or staking.
This model enables dApps to direct network emissions toward their communities, creating additional incentives for participation.
Adaptive Inflation Mechanism
The total supply of BERA is uncapped, with an annual inflation rate of 10%, subject to governance adjustments.
Since validator rewards are distributed based on liquidity participation, the system is designed to dynamically adjust incentives to match network demand.
🔗Project Links
👉Berachain Website http://www.berachain.com/
👉Whitepaper https://honeypaper.berachain.com/
👉X https://x.com/berachain
How to Receive the BERA Airdrop on Binance
Binance HODLer Airdrops is a program that distributes free tokens to users who hold and subscribe BNB to Simple Earn products.
Instead of requiring active staking or trading, users automatically qualify for token airdrops based on historical snapshots of their BNB balances.
This system differs from Launchpool, where users must manually stake tokens to farm rewards. With HODLer Airdrops, users simply hold BNB in Simple Earn, and Binance allocates new tokens based on their BNB balance.
For the Berachain airdrop, Binance has allocated 10,000,000 BERA tokens (2% of total genesis supply) to be distributed among eligible participants.
BERA is already listed on Binance and you can trade it!
Steps to Qualify for the BERA Airdrop and any future Airdrops on Binance HODLer Program
Users who subscribed their BNB to Simple Earn before the snapshot deadline are automatically included in the airdrop process. Those who did not participate during the specified period are not eligible for the distribution.
To have qualified for the BERA HODLer Airdrop and any Future HODLer Airdrops, users needed to follow these steps:
First, they had to subscribe their BNB to Simple Earn products, which are available under the Earn section on Binance.
Both Flexible and Locked Simple Earn products were eligible. Flexible subscriptions allow users to withdraw BNB at any time, while Locked subscriptions provide potentially higher yields in exchange for a fixed holding period.
Once subscribed, users had to maintain their BNB holdings between January 22 and January 26, 2025, as Binance used random historical snapshots to calculate the airdrop distribution.
The hourly average BNB balance held in Simple Earn products was used to determine how many BERA tokens each user received.
Binance also imposed a holding cap of 4%, meaning if a user’s BNB holdings exceeded 4% of the total subscribed BNB pool, only 4% of the total would be counted toward their airdrop allocation.
After the snapshot period ended, Binance finalized the distribution calculations, ensuring that eligible users would receive BERA tokens in their Spot Wallets before trading starts. No further actions are required on the user’s part.
Why Participate in the HODLer Airdrop?
One of the main benefits of Binance HODLer Airdrops is that it allows users to receive new tokens without any additional cost or effort.
By simply holding BNB in Simple Earn products, users automatically gain access to new project tokens without needing to actively stake, farm, or trade.
You can read more about the benefits of staking your BNB here:
🔥 https://www.binance.com/en/bnb 🔥
Another advantage is the early exposure to new blockchain projects before they enter the market.
The airdrop provides a way to acquire BERA before its trading pairs go live, allowing users to decide whether to hold, trade, or explore its use cases once the Berachain mainnet is launched.
#BERAonBinance #BinanceHODLer
thank you for this amazing article. such a nice read
thank you for this amazing article. such a nice read
Crypto Revolution Masters
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Binance announces the launch of Solv Protocol on its Megadrop platform! How to Participate?
Binance announces the third project on the Megadrop platform - Solv Protocol (SOLV token) - with a reward of 588,000,000 SOLV.
Binance launches the third project on the Megadrop platform named Solv Protocol (SOLV token). This is a BTC staking protocol aimed at building a financial ecosystem around Bitcoin.
Details of Solv Megadrop:
👉Token name: Solv Protocol (SOLV)
👉Maximum total supply: 9,660,000,000 SOLV (can be increased through network governance for Bitcoin reserve offering)
👉Genesis token total supply: 8,400,000,000 SOLV (86.96% of maximum total supply)
👉Megadrop reward: 588,000,000 SOLV (7% of Genesis supply, accounting for 6.09% of maximum supply)
👉Initial supply at listing: 1,482,600,000 SOLV
(17.65% of Genesis supply, accounting for 15.35% of maximum supply)
What is Solv Protocol?
Solv Protocol is a platform that supports generating interest to bring profits to investors from crypto assets. Solv has launched SolvBTC, SolvETH, and SolvUSD, providing yield opportunities for BTC, ETH, and stablecoins USDC and USDT, aiming to offer native yield for a variety of assets. Users can maximize capital utilization and earn interest in the Bull market by holding Solv Protocol products.
Solv Protocol is a unified Bitcoin liquidity layer, connecting Bitcoin's trillion-dollar economy with DeFi by consolidating dispersed liquidity through SolvBTC. SolvBTC offers Bitcoin holders access to LST, supporting yield earning on Bitcoin across any chain. By staking with Solv, Bitcoin remains liquid, allowing users to leverage a range of DeFi applications.
Solv Finance introduces various yield and asset opportunities in the crypto sector, aiming to become crucial infrastructure linking liquidity across DeFi, CeFi, and TradFi.
The project's founding team includes Meng Yan, former Vice President of CSDN, and Will Wang, who led the design and development of the world's largest bank accounting system based on open and distributed technology, along with experienced co-founders and team members.
Solv raised a total of $14 million in funding from notable investment funds such as Binance Labs, Blockchain Capital, Jump Capital, etc. Solv Protocol has undergone comprehensive security audits by Quantstamp, Certik, SlowMist, Salus, and Secbit, ensuring the highest safety standards. As of July, Solv Finance has over $1.31 billion in TVL from more than 303,000 users.
What is SolvBTC?
SolvBTC is the flagship product of the ecosystem, helping users seamlessly engage in the growing "BTCFi" space. SolvBTC is now available on Ethereum, BNB Chain, Arbitrum, and Merlin Chain. SolvBTC acts as a key to DeFi supported by Bitcoin across all chains. SolvBTC is guaranteed 1:1 by Bitcoin or Wrapped Bitcoin.
SolvBTC and its derivatives provide yield that can be integrated with various DeFi protocols, offering flexibility and maximum access to the thriving BTCFi ecosystem. Key integrations include:
DEXs: Providing instant liquidity and access to high-quality yields for SolvBTC holders.
Lending protocols: Allowing SolvBTC holders to lend their tokens, earning profit based on leveraged interest positions.
Yield trading protocols: Enabling users to trade future yields of SolvBTC derivatives, manage yield volatility, and optimize profits.

Features of Solv Protocol
ERC-3525
In September 2022, the Ethereum Foundation approved ERC-3525 Semi-Fungible Token (SFT) as the 35th ERC standard. ERC-3525 combines the quantity characteristics of ERC-20 (ability to issue any quantity) and the uniqueness of ERC-721 (uniqueness of NFTs).
The Solv technical team, creators of ERC-3525, has open-sourced this protocol, and many development groups are building products in various fields such as RWA, DeFi, and social applications based on ERC-3525.
The basic stUSD Vault is in private testing, supported by $900,000 of trial capital provided by the Solv team to verify effectiveness and reliability. All users can track the performance and returns of this trial fund in real-time via the Solv interface. stUSD reached an ATH APY of 44.5%.
Risk management tools
Non-custodial solution
With Solv Protocol, all user assets and liquidity pool LP tokens are stored in smart contracts, ensuring assets are not affected by third parties.
Multi-party controlled Vaults
Solv Protocol applies decentralized MPC to manage capital, with transactions jointly controlled by multiple parties. Custodians, managers, and liquidators all control transaction rights under integrated protection rules in the contract code. Even with consensus, no one can transfer assets out of the system. This design minimizes counterparty risk, increases transaction flexibility, and restricts unauthorized withdrawals.
NAV management base on oracles
Solv uses an oracle-based NAV management system to ensure the face value of fund shares matches the value of underlying assets. This protects investment decisions, redemptions, and payments. Additionally, this mechanism ensures tokens issued by the platform accurately reflect value, allowing seamless integration of Solv fund tokens into the DeFi ecosystem.
Efficient settlement
In volatile market conditions, Solv Protocol can use the oracle-based NAV management system to timely capture changes in the net value of funds and execute settlements, ensuring the platform can respond quickly to fluctuations in fund value.
Enhanced security system
Custodians
Solv Protocol prioritizes user asset security and control through technical architecture and strategic partnerships with leading crypto custodians and auditors. Utilizing advanced security measures, comprehensive audits, and top crypto custodians like Copper, Ceffu, Cobo, and Fireblocks, Solv Protocol ensures safe and transparent collateral asset management.
Custodians provide "Off-Exchange Settlement" solutions, allowing Solv to authorize and deauthorize assets to and from centralized exchanges without physically transferring assets. This minimizes risks related to exchange failures, ensuring actual asset ownership belongs to Solv.
Solv Guard
Solv Guard is an intermediary layer between underlying assets and user assets, adding an extra security mechanism on top of smart contracts. Solv Guard can be customized for individual asset group trading strategies, allowing control and customization of asset manager authorities.
The main role of Solv Guard is to limit the multi-signature function of the "Safe" smart contract wallet within a specific scope.
Solv Guard configures a Guardian Vault for each Vault, specifying target addresses and their permissions. To ensure security and upgradability, Solv Guard has a separate governance mechanism from its operational mechanism. Solv Vault Guardian is responsible for execution, while the Governor controls governance, potentially managed by the community and asset managers. This includes a Time Lock feature to ensure transparency and user choice.
The Governor has broad powers, including upgrading the Guardian, adding or removing authorizations, managing native token transactions and whitelisted addresses, transferring Governor powers, or permanently disabling governance rights. Even if there are issues with the Guardian, the Governor can take timely remedial measures to maximize user asset protection.
Reward system
Solv has launched a reward system to encourage user participation in its ecosystem. In the first phase, users can earn basic experience points (XP) by depositing into Solv Vault, with XP earned increasing based on the amount and time staked.
Additionally, users can invite friends to receive a commission equivalent to 10% of the invited user's basic XP. Users can also receive additional XP bonuses by reaching certain investment thresholds or participating in community activities.
Accumulated XP can be used to receive SOLV token airdrops and participate in BTC-Fi ecosystem airdrop activities. However, SolvBTC purchased on the secondary market does not count for XP.
What is Binance Megadrop?
Binance Megadrop is a platform for launching new tokens, integrating Binance Simple Earn and Binance Web3 Wallet, which increases the opportunity to access new Web3 projects before they are listed. It combines interaction, learning, and rewards, providing a unique experience in the Binance ecosystem and cryptocurrency space.
How to participate in Binance Megadrop
👉Log in to your Binance account.

👉Sign up for the BNB Locked product or complete Web3 tasks to accumulate points.

👉Complete Web3 tasks on the Binance app to receive a point multiplier.

👉Receive Megadrop rewards based on total points.
Megadrop reward distribution mechanism
Rewards are calculated based on the user's accumulated points ratio to the total accumulated points of all users.
👉Locked BNB points: Calculated based on the number of BNB locked and the locking duration.
👉Web3 task bonus and boost: Calculated when completing designated tasks.
👉Points calculation formula: Total Points = (Locked BNB Points * Web3 Multiplier) + Web3 Task Bonus.
Note:
Megadrop is only available for eligible regions.
Rewards will be airdropped to users' Spot Binance wallets.
#SolvProtocolMegadrop
AI coins are going to change the crypto space completely DIN is a perfect one to get in to right now
AI coins are going to change the crypto space completely
DIN is a perfect one to get in to right now
Crypto Revolution Masters
--
AI is undoubtedly one of the hottest fields globally today, with both cutting-edge startups like OpenAI in Silicon Valley and domestic players such as Moonshot and Zhipu Qingyan joining the AI revolution. Not only is AI leading trends in technology, but it is also one of the standout sectors in the cryptocurrency market this year.

🔥DIN stands out as the first modular AI data preprocessing layer, demonstrating notable technical innovation and unique advantages. Its core technology involves decentralized data validation and vectorized processing, offering efficient and reliable data preprocessing services. This approach not only enhances data processing efficiency but also ensures data security and privacy. Additionally, DIN’s Chipper Node nodes have significant advantages in data validation and reward calculations, allowing node holders to directly participate in the network’s operation and maintenance, further strengthening the network’s decentralization and robustness.

💪Market Potential

The vast potential of the AI and data markets is a key driver for DIN’s development. With the rapid advancement of artificial intelligence and big data technologies, the demand for high-quality data is growing. DIN, with its innovative technology and business model, provides efficient data preprocessing services for AI models, significantly reducing data acquisition and processing costs. This positions DIN advantageously in the competitive market, with substantial market potential and growth prospects.

💪Capital Background

DIN’s strong capital backing and supporters enhance its market competitiveness. The project has completed $4 million in seed funding and $4 million in pre-IPO funding, with a current valuation of $80 million. Notably, DIN has received support from top investment institutions like Binance Labs, providing ample financial security and robust resources and network support for its future development.

#DIN #BinanceWeb3Airdrop #GODINDataForAI
$100,000 $BTC is inevitable
$100,000 $BTC is inevitable
Crypto Revolution Masters
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#Bitcoin Candle to $100,000 is loading...

Put your space suit on! 🚀
I am so happy to be a part of the #BCCOIN community, an active and vibrant place. wishing the #BCCOIN team the best and super excited to be here
I am so happy to be a part of the #BCCOIN community, an active and vibrant place. wishing the #BCCOIN team the best and super excited to be here
My best wishes to #BCCOIN I am super bullish about #BCCOIN an absolute gem we all need in our portfolio 🚀🚀🚀🚀🚀
My best wishes to #BCCOIN I am super bullish about #BCCOIN an absolute gem we all need in our portfolio 🚀🚀🚀🚀🚀
Read all about Carv and it's airdrop here
Read all about Carv and it's airdrop here
Crypto Revolution Masters
--
Carv Protocol Insights and all you need to know including the Binance & CARV Airdrop
CARV Protocol is a decentralized finance (DeFi) project that aims to provide a secure and trustless platform for users to trade and swap digital assets. It operates on the Ethereum blockchain and utilizes smart contracts to automate transactions without the need for intermediaries.
Features
Decentralized Exchange (DEX): CARV Protocol offers a DEX where users can trade various cryptocurrencies and tokens securely.
Liquidity Pools: Users can provide liquidity to the platform by depositing their assets into liquidity pools and earn rewards in return.
Yield Farming: CARV Protocol allows users to stake their tokens and earn additional rewards through yield farming.
Governance: Token holders can participate in the governance of the protocol by voting on proposals and changes to the platform.
User Experience
The platform is designed to be user-friendly, with a simple interface that allows for easy navigation and trading. Users can access the platform from their web browser or through compatible wallets.

Benefits of CARV Protocol
Decentralization: CARV Protocol operates on a decentralized platform, providing users with autonomy over their assets without the need for intermediaries.
Security: The protocol prioritizes security measures to safeguard users' funds and data against potential threats.
Liquidity: By supporting a range of assets, CARV Protocol enhances liquidity, making it easier for users to trade and swap tokens.
User Experience: The platform is designed with user experience in mind, offering a seamless interface for efficient navigation and interaction.
Community Governance: CARV Protocol allows its community to participate in governance decisions, fostering a sense of ownership and involvement among users.
Staking Rewards: Users have the opportunity to stake their assets on the platform and earn rewards, providing an additional incentive for engagement.
Innovative Features: The protocol continues to introduce new features and functionalities to improve the overall user experience and expand its offerings.
Future Integrations for CARV Protocol
Compound: Integrating with Compound will enable users to earn interest on their deposited assets and borrow additional funds based on their collateral within the CARV Protocol platform.
MakerDAO: Partnership with MakerDAO will provide users with access to decentralized stablecoins and the ability to generate DAI through collateralized debt positions, enhancing the stablecoin offerings on the CARV Protocol platform.
Curve Finance: Integration with Curve Finance will enhance the efficiency of stablecoin trading and provide users with low-slippage swaps for assets pegged to the same value within the CARV Protocol platform.
SushiSwap: Collaborating with SushiSwap will offer users access to a decentralized exchange platform with enhanced features like yield farming and staking opportunities on the CARV Protocol platform.
Synthetix: Further deepening the partnership with Synthetix can bring more synthetic assets and trading options to users, expanding the range of financial products available on the CARV Protocol platform.
Yearn Finance: Continued collaboration with Yearn Finance can introduce more yield farming strategies and optimization tools for users to maximize their returns on assets within the CARV Protocol platform.
Unlock Exclusive Rewards with Binance and CARV
In an exciting collaboration, Binance and CARV have launched an exclusive airdrop campaign, offering participants the chance to earn $CARV tokens and USDC. This limited-time event features a substantial prize pool of 1 million $CARV and 30,000 USDC, creating a significant opportunity for crypto enthusiasts and gamers alike. By participating in the campaign, users can engage in a series of tasks designed to maximize their rewards.
How to Participate
To join the Binance x CARV Airdrop, users need a Binance Web3 Wallet address. This versatile wallet, integrated within the Binance app, empowers users to manage their crypto assets securely and interact with decentralized finance (DeFi) applications. The participation process involves:
Daily Check-in: Continuous daily check-ins reward users with points, with check-ins resetting every seven days.
Bind Account: Connect your Binance Web3 Wallet to participate.
Join Community: Engage with the CARV community to earn more points.
Play & Earn: Participate in CARV’s gaming ecosystem to accumulate points.
Prize Pool Details
The total prize pool for this campaign is 1 million $CARV and 30,000 USDC. $CARV rewards will be distributed based on the proportion of points each user accumulates compared to all participants. Importantly, if multiple wallet addresses are linked to the same Binance UID, only the account with the highest points will receive the reward, while other accounts will be considered Sybil and will forfeit their rewards.
Following the anticipated launch of the CARV Airdrop Claim Page in August, participants can log in using their wallet addresses to view and claim their $CARV rewards. USDC rewards will be distributed via airdrop directly into the winners’ wallets on BNBChain upon the conclusion of the event. CARV reserves the right to the final explanation regarding the campaign.
The Binance x CARV Airdrop campaign is a unique opportunity for participants to earn substantial rewards while engaging with innovative blockchain technology. By completing tasks and accumulating points, users can maximize their chances of earning $CARV tokens and USDC. Don’t miss out on this exciting event — join the Binance x CARV Airdrop today and be a part of the future of decentralized finance and gaming.
@CARV #CARVingTheFutureOfData #binanceweb3airdrop
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To the world 🌎
To the world 🌎
bullish
bullish
Moon5labs
--
Bullish
Here is a list of 🔝Ten biggest #crypto gainers 📈 in last 2️⃣4️⃣ hours⏰

🔥 $FATTY presale is live on fatty.io 🔥

Updated: July 22

#CoinMarketCap 🔝2️⃣0️⃣0️⃣

1️⃣ Cat in a dogs world - $MEW 📈 9,09%

2️⃣ Aragon - $ANT 📈 +8,95%

3️⃣ Convex - $CVX 📈 +8,94%

4️⃣ Ethena - $ENA 📈 +8,59%

5️⃣ Helium - $HNT 📈 +6,67%

6️⃣ SuperVerse - $SUPER 📈 +5,03%

7️⃣ Ethereum Name Service - $ENS 📈 +5,01%

8️⃣ Popcat - $POPCAT 📈 +4,76%

9️⃣ THORChain - $RUNE 📈 +3,78%

🔟 SATS - $1000SATS 📈 +3,74%

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Give us a like 👍 and start subscribing 🚀
thank you for this trending news in crypto
thank you for this trending news in crypto
Crypto Revolution Masters
--
Trending News

🗞️ Is the Indian government ready to abandon the crypto market? No mention of cryptocurrencies in 2024 federal budget, strict taxes to continue
🗞️ Jeo Boden (BODEN) surges 148% in one day as 'Joe Biden is dead' memecoin spreads along with wild rumors
🗞️ Historic Debut of Spot Ethereum ETFs in US Financial Markets
🗞️ SEC Approves Multiple Spot Ethereum ETFs: Launch Imminent in Under Two Hours
Read this to learn about risk management in Crypto
Read this to learn about risk management in Crypto
Crypto Revolution Masters
--
All you need to know about Risk Management in Crypto
Meta Description: Crypto investment has gained momentum and it keeps attracting more investors. Here are some tips for managing the risk in cryptocurrency investments.
Crypto investment has gained serious momentum in the last few years and it keeps attracting more and more investors. But this significant popularity raises the level of risk. Here are some tips for managing the risk in cryptocurrency investments.
Conduct thorough research
Thorough research is crucial for successful investment. Put in some time and effort to study your project of choice, get to know the team, and understand the tech they try to implement.
Also, try and study the various market trends and historical performances. They might not look crucial at first, put these metrics will allow you to assess the potential of the token.
Evaluate the team – see who’s behind the project and assess the credibility and expertise of the team. Furthermore, consider the regulatory frameworks and any legal issues that can impact the quality of investment.
Diversify your portfolio
Diversification is vital for any type of investment. Do your best to spread your investments across different types of crypto.. This way you will mitigate the risk that comes from investing in a single asset.
Such diversification includes different types of crypto assets – tokens, coins, alt, and stablecoins. That way you can balance the risk, increase potential returns, and safeguard your portfolio against huge losses.
Set realistic goals and risk tolerance
This probably had to come first. When investing in crypto (goes for any other financial asset) start with setting investment objectives and a time horizon before entering the market. Consider your personal risk tolerance and patience towards volatility. Put this into clear perspective in order to align investment strategy with goals and risk appetite.
Stay informed and updated
Staying well-informed regarding the market. The crypto market is exceptionally dynamic and can be influenced by various factors, so get your hands on as much info as possible. This includes newsletters, online communities, and forums. They can provide you with insight on market trends and potential opportunities.
Secure your investments
Security is a key factor in crypto investments. The best way to keep your assets safe is through a reputable cryptocurrency exchange.
Other popular and reliable security measures include two-factor authentication and hardware wallets that can store your tokens offline. Stay alert about phishing attempts or scams, and never share sensitive information or private keys with unauthorized sources.
Use stop-loss orders and take profits
Stop-loss orders are a great way to keep your investments safe from sudden market downturns. You can set these automatic orders to sell a certain token when it reaches a given price, saving you from potential losses in the process.
Take-profit orders on the other hand can be used to secure profits through selling a crypto coin when it reaches a selected price target. These orders need to be reviewed and adjusted constantly based on the market conditions. That way you can minimize the risk for your investments.
Avoid emotional decision-making
The crypto market is infamous for its volatility. It takes investors on an emotional rollercoaster on a daily basis, so it is crucial to stay alert on your emotions.
Instead, try to build a discipline and a rational approach towards investment. Stay away from impulsive decisions, based on short-term fluctuations (they are normal and pretty common), and keep an eye on the long-term trends and investing in the long run.
Consider long-term investing
Quick profits are always tempting, but you need to stay alert to the volatility of the market. Put in some time and effort in building a long-term strategy that’s focused on fundamental analysis and the capabilities of your chosen crypto project
Seek professional advice if needed
Professional advice is always welcome! When you have your doubts, always look for a second opinion from a financial expert, who has experience on the crypto market.
Experienced consultants can provide you with a tailored solution for your needs, that will navigate you towards well-informed investments. Also, portfolio management services are getting more and more common, so considering such will also be worth your time.
The fundamental risks in crypto investment
Crypto investment is an exciting opportunity, almost bordering extreme sports. In order to have a positive (and financially rewarding!) experience, you need to understand the fundamental risks associated with the crypto market. All investors – rookies and seasoned veterans alike, need to be aware of these risks in order to make successful investments.
Volatility and Market Fluctuations
High volatility is the leading risk on the crypto market. The market can experience significant price spikes and falls in very short periods, making it prone to sudden crashes. All investors need to understand that they need to proceed with caution, as substantial gains can be followed by huge losses, and vice versa.
Regulatory and Legal Uncertainty
Cryptocurrencies are gradually becoming the subject to more and more regulations all over the world. Regulatory bodies all over the globe are yet to define their stance on crypto, and this currently results in higher risk and uncertainties over legal matters.
Furthermore, changes in regulations or new policies impact the value of crypto investments. No matter if you are a beginner or an expert, you need to follow closely the work of your regulatory body and stay up to date with all new policies to avoid legal complications.
Cybersecurity and Hacking Risks
The decentralized nature of cryptocurrencies can be a double-edged sword. It can provide a certain amount of advantages, but they come with a large amount of risks. Exchanges, wallets, and crypto platforms are common targets for hackers, who aim at digital assets.
Safety first! A good way to avoid such attacks is to implement measures such as hardware wallets, two-factor authentication, and the use of reputable platforms.
Technology and Project Risks
Specific blockchain projects carry their risks, as they might lack a solid foundation, competent team, or disruptive technology, which can lead to a loss of investment. So, always conduct your research, and consider project fundamentals, as well as the team’s experience, and the implemented technologies.
Liquidity Risks
The liquidity risk refers to how quickly you can buy or sell a crypto asset without impacting its market price. These issues are pretty common in regards of smaller, or more obscure crypto projects, and stem away when they fail to find buyers or sellers.
Be cautious when investing in low-cap tokens, because they can suffer badly in market downturns, and further lead to financial losses.
In conclusion
If we may refer to the popular meme – imagine a photo of an old man saying ‘Crypto investing is not stressful (John, 25 years old). However, take it more as a thrill than stress. With these tips and tricks, you will be better prepared to tackle the volatile crypto market. So, buckle up and stay safe!
Frequently asked questions
Why is conducting thorough research important in cryptocurrency investment?
Conducting your research will help you assess how safe is your selected project. You will gain info on the team, the technology they use, and the regulatory framework. That way you will make informed and successful decisions.
How can I diversify my cryptocurrency portfolio effectively?
Effective diversification includes spreading your investment across various assets. This will mitigate the risks that come with investing in a single coin.
What should I consider when setting investment goals and risk tolerance?
Always have your objectives straight – know your time, horizon, and risk tolerance. Align your strategy with these factors for better financial gains.
#RiskManagement"
great insight into how to evaluate crypto projects before you invest to avoid loss
great insight into how to evaluate crypto projects before you invest to avoid loss
Crypto Revolution Masters
--
How to Evaluate Cryptocurrency Projects Before Investing? Key Metrics and Tools
Meta Description: Here’s how to evaluate a cryptocurrency project before investing. The steps below include key metrics, tools, and red and green flags in a new project
The best way to evaluate a new cryptocurrency project is to first check the whitepaper. The best projects out there have a vision, they address problems, and a detailed roadmap. They also have a team of developers and an involved community.
Here’s how to evaluate a cryptocurrency project before investing. The steps below include key metrics, tools, and red and green flags to look for when you consider investing in a new project.
Explore the Project's Website
A worthwhile crypto project always has a detailed and user-friendly website. This is where to start your evaluation – visit the project’s website and look for the following details.
👉Current information – a reputable project will have its info up-to-date. Outdated information and bad website navigation can be considered a red flag and you should stay away from such projects.
👉Brief information on the developer team (the more, the better) – the project’s website has to contain information on the team. Look for detailed information on both the developer team and the project’s management.
👉Goals of the token – The website should clearly state the objectives of the project. Reputable crypto projects solve specific problems and carry certain value propositions.
Review the White Paper
All reputable crypto projects must have a white paper. The white paper provides information on the coin’s objective and technical details on the blockchain and its role. The best white papers contain industry-specific terms that are most familiar to developers and language data scientists.
Most importantly, the white paper states the utility of cryptocurrency and the problems it is aimed at. The finest white papers pinpoint a specific problem, define how the token will function and how it will solve the aforementioned problem through blockchain. This has to be presented in a clear manner for the investors to understand.
Examples of white papers
As in every industry, there are good, bad, and purely crazy examples of white papers. Here are a few examples:
The good one – Solana
Solana is one of the success stories on the crypto market. This can be attributed to the project’s detailed white paper – it contains info on how the project works and its utility.
The bad one - Bananacoin
On the other hand, Bananacoin is a famous bad example. A classic crypto scam, the now defunct project offered tokens in exchange for money, that was supposed to fund a banana farm in Laos. The farm was supposed to provide bananas for its investors.
The crazy one - Cybertruck
Cybertruck is a meme coin and its team doesn’t take it too seriously. The project had a flashy website with a disclaimer on the bottom. It stated that:
"$CYBERTRUCK is a meme coin with no intrinsic value or expectation of financial return. There is no formal team or roadmap. The coin is completely useless."
Advisory Board and Project Support
The advisory board, project partners, and support are another crucial factor to consider. This information can carry valuable insight into the project’s quality and professionalism. The best projects tend to form partnerships with industry leaders, and companies, outside of the blockchain space. Their funding comes from reputable sources, like VCs (venture capitals).
Examples
A good example here is Pantera Capital. It was formed in 2013 and is the first crypto fund in the USA. Pantera invested in many successful projects and tools that formed modern blockchain.
Other well-known VC funds to look out for include Andreessen Horowitz (a16z), the Digital Currency Group (DCG), Fenbushi Capital, and countless others!
Examine Market Metrics
The market metrics can give you reliable information on a token’s performance and potential. The best way to examine the market metrics is through conducting research, and reading financial blogs, news, and developments.
When evaluating new projects and future investments, take the following metrics into account:
Trading volume
Trading volume measures the levels of investment activity in a token. The higher the trading volume – the greater liquidity and stability.
Supply metrics
The token’s supply metrics usually consist of the circulation and the total supply. A good understanding of these metrics will impact the coin’s value and future price potential.
Token ratings
The token ratings include various metrics for cryptocurrencies such as Token Metrics and TokenInsight. They provide information about the prospects and the risks that a particular coin carries.
Study Price History
You need to analyze a token’s price history before investing. This analysis w can provide data for the coin’s volatility, past performance, and overall trajectory. Although, past performances are not indicative for future results, knowing a token’s price trends can aid you in making better investment decisions.
Look for steady price raises, and avoid spikes and sharp declines as much as possible.
Monitor the Project's Progress and Roadmap
Investing is a process, not a single event. You need to monitor the progress of the project, as well as its development. This means conducting regular checks on the project’s roadmap and its milestones if it is meeting its objectives.
Monitor social media, too. Stay up to date with announcements and updates. A transparent team, valuing good communications, is one of the brightest green flags a project can have!!
How to Avoid Cryptocurrency Scams
Due to their high market value and overall popularity, cryptocurrencies can be used by scammers and other ill-intended folks. However, spotting a crypto scam can be easy with the following tips (just remember to stay vigilante):
Never Share Your Information
Members of the team – developers, managers, as well as exchange representatives or other users will never ask about your personal information, keys, or other sensitive data.
Use Regulated and Reputable Exchanges
Decentralized exchanges carry a certain risk by providing connections to others without asking for any personal information. This risk isn’t present with centralized and regulated exchanges. They aren’t 100% safe too, but they vet the tokens they list.
Beware of Social Media
Scammers love social media, as it gives them quick access to targets. Avoid contacts regarding new crypto projects, as they are almost certainly a scam. Exchanges and legit users use other means of communication.
In conclusion
The best way to evaluate a cryptocurrency project before investing is to analyze all the available information on it. That way you’ll be able to determine why is priced that way, is it safe and legit, and generally – worth your investments.
That way, your best tool is to assess all available information. Keep an eye on technology and the process behind it, thus gaining insight into the market!
Frequently asked questions
What is the first step in evaluating a new cryptocurrency project?
Check the project’s website and look for detailed and updated information on the team, the project’s goals, and its milestones.
What are some red flags to watch out for on a project's website?
The most common red flags are outdated information, bad navigation, and the lack of details on the team.
Which market metrics should be considered when evaluating a cryptocurrency?
The most important metrics include, but are not limited to trading volume, supply metrics, and ratings from platforms like Token Metrics and TokenInsight.
#BlockchainAnalysis
thank you for his beautiful article
thank you for his beautiful article
Crypto Revolution Masters
--
What is Crypto Concept?
Meta Description: Cryptocurrencies, often referred to simply as crypto encompass all forms of digital or virtual currencies that use cryptography for securing transactions
Cryptocurrencies, often referred to simply as crypto encompass all forms of digital or virtual currencies that use cryptography for securing transactions. Cryptocurrencies aren’t under central issuing and are not regulated by a certain authority. Instead, they use a decentralized system that records transactions and issues.
Examples of cryptocurrencies
Bitcoin’s name is almost synonymous with cryptocurrency. It is the first and to this day – the most famous crypto. It was founded in 2009 and to this day holds its leading position.

Bitcoin (BTC) was developed as an alternative form of payment, which isn’t controlled by a central bank, bypassing all central authorities in a safe and legal manner.
Besides Bitcoin, there are other famous and successful cryptos like:
Here are a few examples
Ethereum
Ethereum employs a similar tech as Bitcoin but operates under peer-to-peer (P2P) payments. Ethereum is a massive project – it has its own network, created on a blockchain with the same name. It powers up entire ecosystems to operate without a central authority. It is something like insurance without an insurance company, or real estate without a title company.
Litecoin
Very similar to BTC, this coin is quicker to develop new innovations, like faster payment for more transactions.
Ripple
Ripple was founded in 2012, as a distributed ledger system. It can be used to track a large variety of transactions, not just on blockchain. The company that manages Ripple is known to partner with banks and large institutions.
Altcoins
Altcoin is a wide term, used for all tokens besides BTC. Most altcoins are used to capitalize on blockchain tech with a good investing perspective.
How does cryptocurrency work?
Crypto runs on blockchain – a distributed public ledger, that records all the transactions updated and held by users that own currency.
The coins are created through minting – a process that uses computer power to solve math problems that in turn, generate the coins. Brokers also sell coins, which users can store and spend through their crypto wallets.
It may come as a shock, but cryptocurrencies are not something tangible. You, as a user, own only the key that allows you to move a record from one user to another without using the services of a third party.
And blockchain is yet to develop even further, as new ways to use it and apps are still emerging. Through it, you can trade bonds, stocks, and a variety of financial assets.
How to Buy Cryptocurrency
If you are looking to buy your first cryptocurrencies, then head to a crypto exchange. There you can trade tokens with other users, just like at the stock market. After purchasing your coins, you’ll need to store them in a wallet or a third-party service such as Coinbase. You can later use those coins to buy some goods.
If you are looking to use crypto as a type of investment, then you can do it through a brokerage, like Robinhood. You can purchase BTC or other crypto, but you won’t be able to withdraw them from the platform.
Cryptocurrencies run on a blockchain, which is used to maintain a tamper-resistant record of the transactions and keeps a record of properties and their owners. It can be used to address problems faced by older attempts to create a digital currency, especially preventing people from creating copies of their holdings.
Depending on their way of use, separate units of crypto are known as tokens and coins. Some can be exchanged for services or goods, others can be staked or stored, while another group can be used to purchase items from app stores or in-game shops.
How are cryptocurrencies created?
Mining is the primary way to obtain cryptocurrencies. It is primarily used by Bitcoin and is an energy-consuming process where computers solve complex problems in order to identify the authenticity of transactions on the network.
There are other methods to create crypto, and some are far-less impactful on the environment. But the most popular is to simply buy some from an exchange.
Advantages and Disadvantages of Cryptocurrency
As every other financial asset, cryptocurrencies have their advantages, but also carry an amount of risk.
Advantages
👉No single point of failure
👉Easy to transfer
👉No third parties
👉Can generate returns
👉Remittances are streamlined
Disadvantages
👉Transactions can be pseudonymous, which allows for crime use
👉Highly centralized
👉Hard to return on investment
👉Off-chain security issues
👉Volatile prices
Cryptocurrency fraud and cryptocurrency scams
There are more and more cases of crypto scams and cybercrime.
Fake websites
Fake websites feature testimonials and heavy use of crypto jargon. They promise easy returns with a ‘small’ amount of investment.
Virtual Ponzi schemes
Cybercrimes that promote fake investment opportunities that are supposed to pay-off old investors with the money from the new ones. BitClub Network raised over $700 mil through a Ponzi scheme before its perpetrators were sent to jail in 2019.
"Celebrity" endorsements
Scammers use the names of well-known celebrities and billionaires to promote investment opportunities in fake cryptocurrencies. They contact victims through message apps and sell their stock when investors drive the price up, they sell the stock, thus reducing it in value.
Romance scams
According to the FBI, there has been a spike in online dating scams wherein fraudsters convince people whom they contact through dating apps or social media to invest or trade in virtual currencies. In the first seven months of last year, the FBI's Internet Crime Complaint Center received 1,817 crypto-focused romance scam complaints associated with losses of $133 million.
In conclusion
Crypto is advancing at a lightspeed pace, coming off a long way in the last 15 or so years. Now we can store value, transfer, and spend in different ways, by using numerous assets in terms of unmatched safety.
There is a new perception of crypto and blockchain, as they provide companies with new opportunities like a state-of-the-art supply chain. The future of cryptocurrencies and the supporting tech seems bright, as they keep growing and adapting to new and various uses.
Frequently asked questions
What is cryptocurrency?
Cryptocurrencies are a form of digital asset that uses cryptography to secure transactions. These transactions are managed through the blockchain.
What is blockchain?
The blockchain is a distributed public ledger, that records all crypto transactions. It is maintained through nodes that ensure security and transparency.
How are cryptocurrencies created?
Through mining – the process involves the use of computer power to solve complex problems in order to verify transactions and place them on the blockchain.
#CryptoConcept
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