Binance's Creator Workspace has a reward for project @Bubblemaps.io , so let's learn about it today.
My initial impression of project #Bubblemaps was that it was a website that visualized wallet address relationships. It allowed me to create a very cool bubble chart, showing whether there were any correlations between different addresses. I often find visualization tools like these somewhat useless, as they often offer little more than a visual appeal. However, using it has given me a new perspective on the project.
Bubblemaps isn't a traditional cryptocurrency project; it's more of a tool, requiring registration and login. The interface is very simple, and the experience is very smooth. After logging in, I used it to view the address $PROVE , which had just logged into Binance, and noticed something interesting: one address was interacting with numerous smaller addresses. This could be an exchange address, a project address, or even a single individual controlling multiple wallets. Discovering this on-chain would take some time, but Bubblemaps makes it easy.
At this point, I realized that #Bubblemaps acts a bit like a bridge. While the web3 world is open, it's also complex, making it difficult for ordinary people to understand various on-chain operations. Bubblemaps, however, abstracts this away, making it easier for people to understand on-chain behavior. It's a kind of infrastructure, in a sense. I've included a chart of a coin called Dogecoin. It shows that most of this coin is under linked addresses, suggesting manipulation. Combined with the numerous KOLs promoting this coin, there's a strong possibility of a conspiracy. The coin's eventual price drop also proves that it's a game of pass-the-parcel, which Bubblemaps can easily identify.
Finally, let's talk about its $BMT token, which once again proves that a good product doesn't necessarily have a good price. The coin's price has also been fluctuating like a roller coaster. Currently, the FDV is around 70M, neither too high nor too low. I don't see any particular use for this coin. Even with the recent market upturn, it hasn't risen much. If it wants to rise again, I guess it'll have to wait for a big player to help.
Previously, Binance's holder drop issued $LA tokens. I've also seen some individuals trying to take advantage of this project, and it's said that getting on the whitelist is quite difficult. But to be honest, I still don't know what this project is specifically about until today.
Coincidentally, there is a new task from Binance today, so let's learn about the project @Lagrange Official .
The name #lagrange is something everyone has probably been tormented by during college, the famous Lagrange Theorem. However, this project is actually related to AI and zero-knowledge proofs (zk). Its goal is to enable trustworthy sharing and usage of data between different blockchains, allowing data owners to securely store and share their data, while others can analyze and compute the data without accessing the original data.
For example, I want to borrow money from Protocol A on the Base chain, but the project wants to assess my repayment ability. Through #lagrange , the Base protocol can determine whether I have any outstanding loans on other chains, whether there is any risk, how high the risk is, and what pricing should be set for me.
From this perspective, the project is somewhat similar to data service providers in traditional financial institutions, but due to the use of zero-knowledge proofs, data storage becomes much more secure.
Finally, back to the token price, I have to say that the trend of $LA is a bit disappointing. It seems that the emotionally driven cryptocurrency market is not that interested in technology. Let's see if this project can help the token price rebound.
#SoftStaking to be honest, if it weren't for this promotion from Binance, I wouldn’t have known that the English translation of 'holding coins to earn interest' is soft staking.
Although I don't quite understand the naming, I am quite familiar with Binance's financial products. Previously, I mainly focused on stablecoin investments, which are quite simple and have high interest rates. Many other cryptocurrencies offer returns of a few percent or even a fraction of a percent, which I feel is not worth considering.
But there is actually a very important factor here: the passage of time. Many times, we tend to overlook the effect of compound interest over time or underestimate the speed of time passing. Although the interest on coins is low, it accumulates over a long time. Stablecoins have high interest, but if you have to use them and constantly move them in and out, you actually earn very little interest.
For example, I previously had a lot of $CRV , but I thought I might sell it soon, so I didn’t store it for interest. But who knew the market turned bearish, and by the time I realized I hadn’t sold the coins for a long time, 2-3 months had passed. Actually, at this point, if I could enable automatic investment to let my idle coins work for me, I could redeem them when needed, not only would it be timely, but I could also earn a little profit.
Recently, while整理我的钱包, I suddenly发现我的sol钱包里面还有之前打新的$HUMA , which brought back a string of memories.
I first注意到这个项目@Huma Finance 🟣 because of a negative news. At that time, a KOL questioned why a project similar to traditional finance could have such high returns in web3 after changing its shell, which sparked a heated discussion. An interesting episode was when a member of the project team was not very polite to this KOL, and since this member graduated from a prestigious university, it ignited a big discussion in the crypto community about academic backgrounds.
Of course, in hindsight, #HumaFinance 's deposits quickly filled up, and later the speed to Binance allowed depositors to reap substantial profits. Until today, Huma's deposits are still emptied in seconds, which can still be considered a relatively acceptable project.
But what I want to say is, it may have been less than 2 months, but who still remembers the discussions that arose? Who still cares about the feasibility of the Huma model? There are simply too many news in the crypto world now, and everyone is discussing BR's net closure, Binance wallet's new deposit activities, and the listing of stablecoins. In this rapidly changing crypto circle, continuous operation seems not so important, even somewhat ridiculous. However, only projects that maintain continuous operation can become the backbone of web3.
I don't know how Huma's subsequent business will be conducted, but I hope Huma can maintain its own rhythm in this impatient crypto world, and go far and long.
#币安alpha is feeling a bit down today, sitting by the phone but couldn't grab $Tanssi. Although it's not a big deal, it just feels empty inside.
Fortunately, #币安HODLer空投LA came along, and even though we're just mini scattered, it feels great to get a little something. Hope to go far and have good luck.
#BinanceTurns8 Binance 8th Anniversary Day 2, come collect meteors.
Not aiming for a high score, just planning to reach the threshold of 28 points. Can't get the scores for contracts and leveraged trading, but can get similar scores for other activities.
#BinanceTurns8 came in and just clicked on a meteor shower, didn't expect there to be a small prize of $HAEDAL , just saying that Binance's activities are really good, spending a little money to achieve great things, giving Binance a thumbs up
In fact, I knew about Binance a long time ago, but I only started using it in the last two years. My impression of Binance is that it is genuine and not gimmicky. As a leader, it truly has vision.
This industry needs visionary leaders. Happy birthday, Binance!
The #BinanceTurns8 8th anniversary meteor shower is here. The activities mentioned about Binance before have been quite substantial, and I believe this time will be good as well.
Recently, a certain CEX has become popular and started requiring users to provide personal information, with a level of detail comparable to compliant financial institutions. Just right, I have also participated in many CEX marketing activities, each with its own strengths. I would like to take this opportunity to share my personal experiences and insights, so that everyone can learn from them and understand the differences among various exchanges from my perspective.
First, let's talk about a few exchanges that I generally feel positively about. The recently popular O exchange, to be honest, has some decent activities regarding platforms and wallets. However, I feel a bit restrained because I haven't had any big wins; for example, I didn't win any prizes in their draws, so they haven't left a deep impression on me in terms of marketing. However, the products are clear and straightforward, at least I haven't been scammed.
#币安Alpha上新 I didn't expect that 140 points would also have a day of three meals!
$CROSS $ICNT $M Three cobblers can also match one pig brother.
Thanks to Binance, I have the motivation to continue my job at Alpha, but after three meals, I need to diligently grind for a long time to earn points again.
Another happy thing is that recently the vvv fee hasn't been erratic, finally I can hedge with peace of mind.
#币安Alpha上新 is here! The child who has been hungry for so long is finally going to have food! #Alpha finally has a low-scoring project, just not sure if I can still grab it.