Changpeng Zhao, widely known as CZ and the founder of Binance, one of the largest cryptocurrency exchanges, has suffered a significant blow to his fortune. According to a recent Bloomberg report,

Binance Founder CZ’s Fortunes Plummet By $12 Billion Amidst Downturn in Crypto Trading

The crypto fortune of Binance co-founder and CEO Changpeng Zhao (CZ) has recorded a drastic crash. CZ's net worth plummeted by over 80%

Binance CEO CZ’s Crypto Empire Dips by Almost $12B While SBF’s Remains at $0

Binance co-founder Changpeng Zhao has seen his fortune slashed by $11.9 billion since January to $17.2 billion, Bloomberg reported.

Binance Co-Founder Changpeng Zhao’s Fortune Plunged $12 Billion Since January As Regulatory Woes Bit

Find out how Binance's market share was impacted after Bloomberg drastically reduced CEO Changpeng Zhao's net worth by $12 billion.

Binance’s Market Share Slips After Bloomberg Slashes CEO “CZ’s” Net Worth By $12 Billion

Binance co-founder and CEO Changpeng Zhao continues to see his fortune slashed after he reportedly lost another $11.9 billion.

Changpeng Zhao Loses Another $12B of His Fortune amid Regulatory Scrutiny

The CEO and co-founder of Binance Changpeng Zhao has taken personal hits from the market with his net worth falling due to low trading volumes.

Changpeng Zhao’s Net Worth Plummets by 82% Amid Binance Regulatory Turmoil

The Bloomberg Billionaires Index slashed its estimate of revenues at crypto exchange Binance by 38% after data showed volumes at the firm declined this year. That wiped $11.9 billion from the fortune of Binance’s founder, Changpeng Zhao, known as CZ, dropping him to $17.2 billion.

Binance founder CZ loses $12 billion on crypto-trading slump

In recent months, the crypto exchange has found itself increasingly isolated from the traditional financial system.

Binance founder CZ loses $12bn on crypto-trading slump

The Bloomberg Billionaires Index determines Binance’s revenue based on spot and derivatives trading data from crypto-tracking services Coingecko and Coinpaprika. The 46-year-old Zhao played a significant role in events surrounding another crypto figure ...

Binance founder, Changpeng Zhao loses $12 billion as Crypto market slumps

The  Billionaires Index slashed its estimate of revenues at crypto exchange Binance by 38% after data showed volumes at the firm declined this year.

Binance founder’s fortune has plummeted by R225 billion in 2023

Coinpaprika

coinpaprika

Lead image by on julien Tromeur Unsplash “ .” I think that the crypto industry will have to take a more focused approach, shifting from hype cycles toward building real utility — Ripple’s APAC Policy Director Rahul Advani The abstract What is SpaceXpanse Multiverse? The metaverse of the future It is a next-gen trustless GameFi blockchain platform, designed for rapid creation of metaverses, immersive user experience, and easy development of complex decentralized applications. What do we want to achieve? To put the technology to real work at last By putting the crypto technology back on track, we are making a self-sustaining virtual environment, which we called , where people can communicate, create, have fun, and which can be easily accessed by anyone from anywhere. SpaceXpanse Multiverse How will we make it happen? With some help from the Open-source community The whole project will be carefully structured and will gradually broaden the scope of its tasks over to avoid any roadblocks on its path. a span of four years The inspiration When Erik Wernquist’s “Wanderers” surfaced for the first time more than 8 years ago, it was both mesmerizing and kind of frustrating to watch. Because only by using the director’s imagination and skills could one travel through the vastness of our solar system and visit places that were otherwise out of reach. video But the time passed and some new technologies started to emerge: from Satoshi Nakamoto’s blockchain, which was already there, making some waves in the IT space, through the big boom afterwards with all the cryptocurrencies, adopting different approaches like and and last year’s NFT metaverse craze, to all the open source projects like Martin Schweiger’s magnificent piece of simulation software, known and unknown contributors to similar projects, and 2022’s “jewel in the crown”, the previously unthinkable 5.1, which was not only beyond everything one could imagine but now open source. Bitcoin Namecoin Huntercoin, Unreal Engine And all of these projects have just made what was unreachable several years ago reachable now, within everyone’s grasp. Or, to be more precise, reachable soon. So for us, being such science and gaming nerds as we are, it was inevitable in the last few years to start to connect the dots and slowly draw a blueprint of something that we now call “ ” the metaverse of the future The problem(s) The biggest problem with the metaverse currently is the . This includes issues with latency, privacy, interactivity, and the limited sensory experience offered to users. This and several other major concerns have to be addressed by “ ”: lack of technology and infrastructure to support a seamless and cohesive virtual world experience the metaverse of the future Preventing impersonation and enforce code of conduct The interactivity of the metaverse may allow a bad actor to carry out more convincing attacks through some advanced vector like social engineering or just by using someone’s avatar. Preventing data theft and misuse The metaverse will likely increase the potential scope and amount of personal data that some bad actors can collect. And this vast amount of data is a gold mine that some technology companies and marketers can potentially tap into. Creating and transferring value The metaverse will have its own form of virtual market, integrating different real and digital currencies to enable quick and simple trading. It will be crucial to have a transaction verification mechanism, regardless of the currency or market. Preventing cybercrimes and subdue offenders Immersive experiences, especially those supported by haptic technology that transfers the experience of touch from the virtual world to the user, raise questions about how to respect personal boundaries and how to anticipate circumstances where such incidents may occur. Building viable economy The challenge will be in creating a unified system that has to be used to authenticate the possessors of virtual assets in the metaverse, awarding and proving ownership rights for art, music, films, and much more. Utilizing the devices used To use virtual reality, we now need the latest technologies and expensive headsets, as well as strong and reliable connectivity. This can widen the gap between its potential users. Enhancing the sensory fidelity The metaverse will have to advance to a level that can provide smooth comprehension of presence and surroundings, accompanying visual fidelity with the ability to touch and feel. Dealing with health and psychological issues The metaverse is an evolution of the Internet we’re familiar with, but with much more interactivity. Simply watching something on a flat screen with the level of interactivity we have today is highly addictive in itself, and there’s no reason to doubt that this will extend into the metaverse. The crafty toolbox The main goal that we pursue is simple yet proved difficult: /pun intended/ and for people to start creating value while playing and not vice versa, using the so-called model. On the other hand, we want to use these cutting-edge technologies to provide a virtual “playground” for developers/researchers to test their ideas in an environment as close as possible to the real world. We want to turn the game around Play and Earn The outcome of this desire will be — one’s imagination is the only limit. an blockchain-backed platform in which everyone can develop any kind of application, using their favorite programming language in the process unstoppable, irreversible, serverless The backend Decentralization, decentralization, decentralization. This mantra was repeated again and again through the past few months due to the whole Web 3.0 buzz, but it couldn’t be more true. Any really dependable metaverse platform has to jump on the bandwagon just to be able to catch up with the others and also because this is one of the most important single feature that any contemporary Web 3.0 platform must have. But decentralization and the blockchain technology behind it can’t be really usable without having at least some degree of privacy. So it has to be serverless, trustless, and dependable but also secure, redundant, and private when needed. This is where the actual blockchain technology will come in hand, combined with features like ability to store some data and broadcast it amongst the nodes in the network, transferable trustless shortnames, which also allow send and receive cryptocurrency value instead of these long and messy address strings; creation, storage, and transfer of fungible and non-fungible tokens to have some actual economy; decentralized DNS, serving top level domains like for example, completed with some kind of peer-to-peer data storage nodes to give capacity, redundancy, and privacy of the data stored across the platform. This will be the actual backbone of the platform, or, if we have to use a more technical term — the of the “ “. shortname.rod backend metaverse of the future The frontend To be honest, all these before-mentioned features can’t have much practical value for the masses without any actually usable technology that can implement them into a self-sustained virtual environment where everyone who’s using it can easily communicate, develop, and relax if one wants, and that can be accessed from everywhere through various devices. And this is where the other parts of the “ “ come into play, making it complete. metaverse of the future The actual face of it, or, if we have to use the technical term, the , has to be some kind of simulator where all developed functionalities can be visualized and tested and which can be easily configured and maintained. The best case scenario should be when this simulator can not only represent reality to some extent but also effortlessly add different objects to it like planets, satellites, buildings, and vehicles; have some laws of physics like gravity implemented; and also be as vast as one’s imagination. frontend And all this has to be accompanied by the possibility of developing decentralized applications that can communicate from within all currently active platforms’ metaverses and between each other, by using a programming language of their choice. Like a platform-wide social network, using the decentralized data storage to save any private information of the users. Or a platform-wide DAO where everyone can publish a project, idea, or something else and have it backed up if enough users find it worthy. The possibilities are obviously endless. And the place where all these can simultaneously and effortlessly work together to achieve an exceptional user experience, we now call . SpaceXpanse Multiverse The solution What are the main use cases of SpaceXpanse Multiverse? But first, to quickly define what is, think of a three-dimensional Internet, in which the different metaverses /realities/ are like websites on the regular Internet. And the decentralized applications are like different pages on these websites, showing different information. SpaceXpanse Multiverse All of them are built using the same key principles but with different technologies and can be used for different things. is developed to be: SpaceXpanse Multiverse — means it exists regardless of the user’s physical presence. Persistent — supports almost unlimited users and realities, at the same time. Infinite — means that users can earn within a metaverse and pay for others’ services. Self-sustaining — users can own, move and trade their virtual items, like avatars, from one metaverse project to another, following predefined rules. Interconnected — allows users to relish life-like experiences. Real-time And by providing platform to develop implementations for different use cases, many benefits for its potential users can be gained. SpaceXpanse Multiverse How everybody can benefit from participation in it: Residents aka Wanderers They can benefit from its opportunities by having access to a wide range of immersive and interactive virtual experiences. They can participate in virtual games, attend virtual events and concerts, watch virtual movies and shows, and interact with others in virtual social spaces. The platform offers endless entertainment opportunities and a new form of escapism for residents. entertainment They can benefit from its opportunities by participating in new and diverse social experiences, connecting with others from around the world, building relationships and communities, and experiencing immersive and interactive social environments that are not possible in the physical world. social life They can benefit from its opportunities by accessing new and flexible forms of employment, such as remote work, virtual freelancing, and the ability to collaborate and network with a global audience. work They can benefit from its opportunities by accessing virtual educational resources and tools, connecting with other students and teachers from around the world, and gaining access to unique and immersive learning experiences that are not available in the physical world. study They can benefit from its opportunities by having access to virtual stores and marketplaces where they can purchase virtual goods, clothing, accessories, and other items, allowing for a convenient and immersive shopping experience. shopping They can benefit from its opportunities by participating in virtual experiences, exploring virtual environments, visiting virtual destinations, and experiencing immersive and interactive tourist experiences that are not possible in the physical world. tourism They can benefit from its opportunities by accessing virtual healthcare services, connecting with healthcare professionals, and participating in innovative and immersive health and wellness experiences. healthcare They can benefit from its opportunities by having greater control over their personal data and information, allowing them to keep their information secure and protected in a virtual environment. privacy They can benefit from its opportunities by being able to participate in commerce, own assets, and have the ability to enforce contracts. The legal framework in the SpaceXpanse Multiverse can help provide protection for their assets and ensure that transactions are secure and transparent. This can lead to greater trust and confidence in the virtual environment, promoting growth and development in the SpaceXpanse Multiverse. legal They can benefit from opportunities by being able to invest in virtual assets such as virtual real estate, virtual goods, and virtual currency, as well as participate in virtual experiences and events, which can provide potential returns and profits in a growing and evolving virtual economy. investment And there are some other vital use cases for: Gamers They can benefit from the ability to participate in immersive, interactive and lucrative virtual gaming experiences with other players, providing a new level of monetization, social interaction and gaming engagement. Developers They can benefit from it by creating and selling new and innovative virtual experiences, games, and applications within the virtual environment. The platform provides a new and growing platform for developers to showcase their skills, reach new audiences, and monetize their work. Additionally, the platform allows developers to explore new technologies and development methods, leading to new opportunities for growth and innovation. Creators They can benefit from it by having access to a new and expansive platform for creating and sharing their work with a large and diverse audience. They can leverage the immersive and interactive nature of the platform to create new and innovative forms of content and experiences, leading to increased exposure and recognition for their work. Additionally, creators can monetize their creations by selling virtual products or charging for access to virtual experiences, creating new revenue streams for their work. The platform offers a new and exciting place for creators to showcase their talent and reach a wider audience. Scientists They can benefit from it by having access to a new platform for conducting virtual experiments and simulations. They can leverage the immersive and interactive nature of the platform to create virtual environments that replicate real-world conditions, allowing them to test and refine their theories and models in a controlled and low-risk way. Additionally, scientists can collaborate with others in the SpaceXpanse Multiverse to share resources and expertise, helping to advance their research and accelerate scientific discovery. The platform provides scientists with a new and exciting place for conducting research and advancing scientific knowledge. Investors They can benefit from it by having access to a new and growing market for virtual investments and assets. They can invest in virtual real estate, virtual companies, and virtual products, providing new opportunities for diversifying their portfolios and earning returns. Additionally, investors can take advantage of the growth and development of the platform, investing in companies that are driving innovation and growth in this virtual environment. The platform provides investors with a new and exciting place for investing and growing their wealth. Visionaries They can benefit from it by having access to a new and expansive platform for realizing their ideas and visions. They can leverage the immersive and interactive nature of the platform to bring their vision to life, providing new and innovative experiences for others to enjoy. The platform provides visionaries with a new and exciting place for realizing their ideas and shaping the future. Monetization of the benefits A lot of people have shown interest in the so far. Some are development enthusiasts looking to use the platform to build their specific projects, and others are looking for opportunities to generate income. Fortunately, the platform has the potential to meet these demands. SpaceXpanse Multiverse SpaceXpanse Multiverse Due to the nature of the platform, anyone will be able to build a relevant project on top of it. Similarly, . open-source anyone may join the platform as a common user to sell their skills, develop and exchange digital art and commodities, and do a variety of other things to generate value The road ahead With all these mischievous events that happened just in the last year, dragging more and more entities from the crypto space into oblivion, it is becoming more and more evident that only ideas and projects that effectively utilize Web 3.0 technologies will succeed and endure in the long term. The platform, being a prime example of such a technology, presents a unique opportunity for visionaries and innovators to bring their ideas to life. By leveraging the immersive and interactive nature of the , these individuals can create and share new and innovative experiences that have the potential to change the future. Whether they are artists, entrepreneurs, or simply individuals with a bold vision, the provides a platform for turning their ideas into reality and shaping the future. SpaceXpanse Multiverse SpaceXpanse Multiverse SpaceXpanse Multiverse . That’s exactly where we’re heading The takeaway Imagine a time and place where everyone with some development skills can create a whole metaverse for themselves. Or for one’s brand. Or some company’s project. Or just create a whole metaverse for Star Trek’s fans. And it can be filled with whatever one wants — friends, planets, space stations, ships, islands, castles, vehicles, etc. And it’s possible to jump from one's metaverse to another's with the ease of just taking a step or opening a door. This will be the . Stop imagining it. It is almost here and now. . multiverse of the future The future now By , we are making a next-generation trustless blockchain platform, designed for rapid creation of metaverses, immersive user experience and easy development of complex decentralized applications, which we called , where people can communicate, create, have fun, and which can be easily accessed by anyone from anywhere. putting the crypto technology back on track SpaceXpanse Multiverse SpaceXpanse Multiverse is the next big thing with huge potential in the Web3 field. It’s a next-gen trustless GameFi blockchain platform, designed for rapid creation of metaverses, immersive user experience and easy development of complex decentralized applications. Take a look inside 👇 https://www.youtube.com/watch?v=T9IbfB5thB4&embedable=true Disclaimer: This article is for educational purposes only. Not financial advice. Appendix SpaceXpanse Multiverse manifesto and whitepaper SpaceXpanse Multiverse roadmap https://spacexpanse.org/ https://rod.spacexpanse.org/ https://spacexpanse.substack.com/ https://coinpaprika.com/coin/rod-spacexpanse/ https://miningpoolstats.stream/spacexpanse https://github.com/SpaceXpanse https://twitter.com/spacexpanse https://discord.gg/uPJdncgrBe https://www.youtube.com/@SpaceXpanseROD Also published here. The lead image for this article was generated by HackerNoon's via the prompt "multiverse". AI Image Generator

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Information is the foundation of good decision-making. Cryptocurrency innovates at the speed of light. New protocols are constantly coming to market, promising to solve some of mankind's greatest financial troubles. While their intentions might be good, the result is a cluttered, noisy environment that promotes FOMO & makes it nearly impossible to make sound decisions. In order to succeed in the wild, volatile, & often opaque world of cryptocurrency it is necessary to quiet the noise & hone in on real signals. The best way to do that is by building out your own Crypto ToolKit. Quick Notes on building a Crypto ToolKit: -) Do not use every single tool (unless you’re a crypto savant) -) Review each resource/tool individually (5–10 min per resource) -) Select only the ones that appeal most to your specific preferences As you might already be aware, the crypto-verse is highly fragmented in the sense that there are many different chains & protocols. Given that not all chains & protocols are interoperable (yet), all of the tools listed provided below are will be as general & multi-purpose as possible. Without further ado, Let's dive in: 📊 Market Data 📊 The starting point of almost every person’s crypto journey, Market Data providers are listing sites that aggregate all open financial digital asset data. All of the fundamental economic elements, Price, Volume, Circulating supply, Orderbooks, market dominance, historic data, & everything else. 1) Token Terminal - https://tokenterminal.com/ 2) Messari - https://messari.io/ 3) Crypto Slate - https://cryptoslate.com/coins/ 4) CoinGlass - https://www.coinglass.com/ Coin Market Cap -** 5) https://coinmarketcap.com/ - 6) Coin Gecko https://www.coingecko.com/ 7) Coin Metrics - https://coinmetrics.io/ 8) Coinlib - https://coinlib.io/ 9) Crypto Compare - https://www.cryptocompare.com/ 10) CoinCap - https://coincap.io/ - 11) CoinRanking https://coinranking.com/ 12) Coin360 — https://coin360.com/ — 13) Bitgur https://bitgur.com/ — 14) Nomics https://nomics.com/ - 15) CryptoWatch https://cryptowat.ch/ 16) BraveNewCoin — https://bravenewcoin.com/ 17) LiveCoinWatch — https://www.livecoinwatch.com/ 18) MultiCoinCharts - https://www.multicoincharts.com/home/ 19) Nansen - https://www.nansen.ai/ 20) CoinPaprika - https://coinpaprika.com/ 21) CoinAlpha - https://coinalpha.app/ 22) CoinScope - https://www.coinscope.co/ 23) DropsTabs - https://dropstab.com/ 24) CryptoView - https://www.cryptoview.com/ 25) CoinCarp - https://www.coincarp.com/ 26) Mytokencap - https://www.mytokencap.com/ 27) CoinCodex — https://coincodex.com/ — 28) CoinLobster https://coinlobster.com/ 💱 DEFI Dashboard & Aggregators💱 Decentralized finance is an incredibly broad term that includes a wide range of applications that vary based on functionality & intended purpose. While the majority of current DEFI activity happens across 4 blockchains (Ethereum, Binance Smart Chain, Polygon & Solana) there are so many up & coming alternative platforms such as Optimism & Arbitrum that have been garnering attention that for the sake of brevity I will only list the few products that I am personally familiar with. 1) Dapp Radar — https://dappradar.com/defi 2) DEFI Llama — https://defillama.com/ 3) DEFI Prime — https://defiprime.com/ 4) DEFI Pulse — https://www.defipulse.com/ 5) YieldWatch - https://www.yieldwatch.net/ 6) ZapperFI - https://zapper.xyz/ 7) Zerion - https://zerion.io/ 8) InstaDapp - https://instadapp.io/ 9) Frontier - https://www.frontier.xyz/ 10) Apebored - https://apeboard.finance/ 11) Debank - https://debank.com/ - 12) APYvision https://app.apy.vision/ - 13) Plasma Finance https://plasma.finance/ - 14) Farm Army https://farm.army/ - 15) DEFISaver https://defisaver.com/ - 16) Gnosis Safe https://gnosis-safe.io/ - 17) DefiYield https://defiyield.app/ 18) Coin98 - https://coin98.com/ 19) AstroTools - https://astrotools.io/ 20) MultiFarm - https://www.multifarm.fi/ 21) OctoFi - https://octo.fi/ 22) Parallel - https://parallel.fi/ 23) Exponential - https://exponential.fi/ 24) WalletDefi - https://walletdefi.app/ 25) DEFImarketCap - https://defimarketcap.io/ 26) QuantifyCrypto - https://quantifycrypto.com/ 📰 News 📰 Crypto is becoming all the more politicized as time goes on. An absurd amount of crypto/DEFI news sites pop up constantly & push their own agendas. The best way to source news (in any industry) is by having a few reliable individual outlets & cross-referencing information across them all. 1) CoinDesk - https://www.coindesk.com/ 2) Coin Telegraph - https://cointelegraph.com/ 3) Bitcoin Magazine - https://bitcoinmagazine.com/ 4) The Cryptonomist - https://en.cryptonomist.ch/ 5) Be In Crypto - https://beincrypto.com/ 6) CoinGape - https://coingape.com/ 7) CryptoSlate - https://cryptoslate.com/ 8) Crypto Briefing - https://cryptobriefing.com/ 9) CryptoDaily - https://cryptodaily.co.uk/ 10) Crypto Potato - https://cryptopotato.com/ 11) BraveNewCoin - https://bravenewcoin.com/ 12) Coin Journal - https://coinjournal.net/ 13) Coin Speaker - https://www.coinspeaker.com/ 14) CoinCu - https://news.coincu.com/ 15) Bitcoinist - https://bitcoinist.com/ 16) CryptoPanic - https://cryptopanic.com/ 17) Crypto News - https://cryptonews.com/ 18) U Today - https://u.today/ 19) CoinGraph - https://www.coingraph.news/ - 20) Decrypt https://decrypt.co/ - 21) Blockworks https://blockworks.co/ - 22) CryptoCapitalNews https://cryptocapitalnews.com/ — 23) Protos https://protos.com/ 👛 Wallets 👛 Wallets are the foundation for getting involved & staying in crypto. Wallets are exactly what they sound like, places to securely store/view your crypto asset holdings. Wallets typically come in 2 flavors, Chain-specific & Chain-agnostic. Chain-specific wallets are tied to a single blockchain platform (i.e ETH/BNB). These will only be able to store their native chain tokens, but allow the users to interact with on-chain assets/applications. Whereas chain-agnostic wallets might allow their users to store crypto assets from any blockchain, but that is the limit of their capabilities as they are usually single-purpose only (storage) 1) MetaMask - https://metamask.io/ 2) MEW - https://www.myetherwallet.com/ 3) Dynamic - https://www.dynamic.xyz/ 4) XDEFI - https://www.xdefi.io/ 5) Enkryptic - https://www.enkrypt.com/ 6) Argent - https://www.argent.xyz/ 7) Dopamine - https://dopamineapp.com/ 8) TrustWallet - https://trustwallet.com/ 9) Eidoo - https://eidoo.app/ 10) Dapppocket - https://www.dapppocket.io/ 11) Atomic Wallet - https://atomicwallet.io/ 12) Bread Wallet - https://brd.com/ 13) Guarda - https://guarda.com/ 14) Exodus - https://www.exodus.com/ 15) ZenGo - https://zengo.com/ 16) Coinomi - https://www.coinomi.com/en/ 17) Luno - https://www.luno.com/en-US 18) Ambire - https://www.ambire.com/ 19) Jaxx - https://jaxx.io/ 20) Edge - https://edge.app/ 21) Freewallet - https://freewallet.org/ 22) Coinbase Wallet - https://www.coinbase.com/wallet 23) Coin Wallet - https://coin.space/ 24) Ballet Wallet - https://www.ballet.com/coins/ 25) Unstoppable - https://unstoppable.money/ 26) Brave Wallet - https://brave.com/wallet/ 27) BitPay - https://bitpay.com/wallet/ 28) Crypto.com - https://crypto.com/us/defi-wallet 🔎 Explorers 🔍 Explorers are software tools that allow users to inspect the activity that has happened/is happening on-chain. Explorers are typically built-to-blockchain, meaning every chain needs its own explorer. Given the girth of data these tools access, explorers tend to be multi-purpose tools (i.e. data providers/ analytics dashboards/compliance). 1) Ethscan - https://etherscan.io/ 2) Bitquery - https://explorer.bitquery.io/ 3) Blockchair - https://blockchair.com/ 4) Tokenview - https://tokenview.io/ 5) Blockcypher - https://www.blockcypher.com/ 6) GetBlock - https://getblock.io/explorers/ 7) ViewBlock - https://viewblock.io/ - 8) BreadCrumbs https://www.breadcrumbs.app/ 9) Beaconchain - https://beaconcha.in/ 10) Blockstream - https://blockstream.info/ 11) Ethplorer - https://ethplorer.io/ 12) OXT - https://oxt.me/ 13) Xscan - https://xscan.io/ 14) Sochain - https://sochain.com/ 15) OkLink - https://www.oklink.com/en 16) Pingpub - https://ping.pub/ ⛓ On-Chain Data ⛓ On-chain data tools are closely related to explorers in the sense that they allow users to inspect the activity that has happened / is happening on-chain. The main difference between the On-chain Data tools & Explorers is the UI & granularity of data they provide.*The main difference between On-Chain data providers & traditional market data is the absence of information that is external to any blockchain. 1) Glassnode - https://glassnode.com/ 2) Dune Analytics - https://dune.com/home 3) IntoTheBlock - https://www.intotheblock.com/ - 4) Mempool https://mempool.space/ 5) Artemis - https://www.artemis.xyz/ - 6) Parsiq https://www.parsiq.net/ 🌉 Bridges 🌉 Within the context of cryptocurrency, a bridge is a software tool or protocol that allows otherwise non-compatible blockchains a method to transfer digital assets between one another. 1) MultiChain - https://multichain.org/ 2) CrossChain Bridge - https://www.crosschainbridge.org/ 3) Celer C Bridge - https://cbridge.celer.network/1/56/USDC 4) Synapse - https://synapseprotocol.com/ 5) Connext - https://bridge.connext.network/USDC-from-ethereum-to-binance 6) Relay - https://www.relaychain.com/ 7) Symbiosis - https://symbiosis.finance/ 8) Umbria - https://umbria.network/ 9) EverBridge - https://www.everrise.com/everbridge/ 10) Bungee - https://www.bungee.exchange/ 11) Portal Bridge - https://www.portalbridge.com/#/transfer 12) Nomad - https://www.nomad.xyz/ 13) Hop - https://hop.exchange/ 14) PolyBridge - https://bridge.poly.network/ 15) SolarBeam - https://app.solarbeam.io/bridge 16) Orbitchain - https://orbitchain.io/about 💹 DEXes 💹 Decentralized Exchanges are the new financial trading paradigm. Generally free from traditional regulatory scrutiny, DEXs are places to buy, sell, swap & provide liquidity for crypto assets. 1) UniSwap - https://uniswap.org/ 2) 1inch - https://app.1inch.io/ 3) DexTools - https://www.dextools.io/app/en 4) DexGuru - https://dex.guru/ 5) GeckoTerminal - https://www.geckoterminal.com/ 6) PancakeSwap - https://pancakeswap.finance/ 7) TraderJoe - https://traderjoexyz.com/avalanche 8) Arken - https://swap.arken.finance/ 9) Flooz - https://flooz.trade/trade 10) Balancer - https://balancer.fi/ 11) Bancor - https://home.bancor.network/ 12) Airswap - https://www.airswap.io/#/ - 13) Sushiswap https://www.sushi.com/ 14) Paraswap - https://www.paraswap.io/ 15) Jupiter - https://jup.ag/ 16) ThorChain - https://thorchain.org/ 17) WooFi - https://fi.woo.org/ 18) DYDX - https://trade.dydx.exchange/ - 19) Slingshot https://app.slingshot.finance/swap/ETH 20) Apex Exchange - https://www.apex.exchange/ 21) Osmosis - https://app.osmosis.zone/ 22) Curve - https://curve.fi/#/ethereum/swap 23) Tokenlon - https://tokenlon.im/instant 24) Swapz — https://www.swapz.app/ 📅 Calendars & Event Schedules 📅 Keeping up with the Kardashians is much easier than keeping up with your favorite crypto protocol; the question then becomes HOW do you plan to manage the onslaught on events? While there is no easy answer, using a Crypto Calander will definitely help: 1) CoinMarketCal - https://coinmarketcal.com/en/ 2) CoinDar - https://coindar.org/ 3) CoinsCalendar - https://coinscalendar.com/ 4) CryptoTotem - https://cryptototem.com/ico-calendar/ 5) CoinCarp events - https://www.coincarp.com/events/ 6) VestLabs - https://vestlab.io/calendar 🪂 Airdrops 🪂 The most popular tool for distribution in the entire industry, airdrops are incentives that are offered/provided at the earlier stages of a project’s development to help bootstrap it’s alpha community members. 1) Earnifi - https://earni.fi/ 2) airdropsio - https://airdrops.io/ 3) AirDropAlert - https://airdropalert.com/ 4) AirdropsLive - https://airdrops.live/ 5) AirdropBob - https://www.airdropbob.com/ 6) AirDropAddict - https://airdropaddict.com/ 7) CoinAirDrops - https://coinairdrops.com/ 8) ICOdrops - https://icodrops.com/ 💸 Grants 💸 Grants are a necessary component to helping startups & innovators get their ideas off the ground. In the world of crypto & blockchain grants are usually offered & deployed on a chain/case-specific basis. In order to be properly up to date on grant opportunities it is best to be actively involved in individual projects and/or blockchains. 1) Blockchain Grants - https://www.blockchaingrants.org/ 2) GitCoin - https://gitcoin.co/grants/ 3) Consensys - https://consensys.net/grants/ — 4) Concoridum https://concordium.com/grants/ 5) Web3 grants - https://web3grants.net/ 6) Web3Foundation - https://web3.foundation/grants/ 7) Ramp Rate - https://ramprate.com/blockchain-grant-opportunities/ - 8) Unigrants https://www.unigrants.org/ 9) Aave grants - https://aavegrants.org/ 10) Near grants - https://near.org/ecosystem/get-funding/ 11) Eth Foundation - https://esp.ethereum.foundation/ 12) Zcash grants - https://grants.zfnd.org/ 13) Alchemy Dev grants - https://www.alchemy.com/developer-grant-program — 14) dydx grants https://www.dydxgrants.com/ 15) Solana grants — https://solana.org/grants 16) Gate grants - https://www.gate.io/grants 17) Cryptoneur - https://www.cryptoneur.xyz/en/web3-grants 🛡 Audits 🛡 Audits are used to assess the quality/security of a protocol. When considering a protocol to use, it is nearly impossible to understand all of the associated risk factors, even for professionals. It is crucial that every serious project employs some form of audit for every individual piece of software. 1) Certik - https://www.certik.com/ 2) Consensys Dilligence - https://consensys.net/diligence/ 3) Hacken - https://hacken.io/services/smart-contract-security-audit/ 4) Open Zepplin - https://www.openzeppelin.com/security-audits 5) Trail of Bits - https://www.trailofbits.com/ 6) Slowmist - https://www.slowmist.com/ 7) Solidified - https://solidified.io/ 8) Chain Security - https://chainsecurity.com/smart-contract-audit-reports/ 9) PeckShield - https://peckshield.com/#home 10) Halborn - https://halborn.com/ 11) Quantstamp - https://quantstamp.com/ 12) Solidity Finance - https://solidity.finance/ - 13) Immune Bytes https://www.immunebytes.com/ 14) NumenCyber - https://www.numencyber.com/ 🌊😎 Cool & Honorable Mentions 😎🌊 There are always exotic instruments & services being built to help make sense of the wild world of crypto; some of these are difficult to classify but still deserve attention for serving their own unique & useful purpose(s). 1) Fiat Leak - https://fiatleak.com/ 2) Everest - https://everest.link/ 3) Revoke.cash - https://revoke.cash/ 4) CryptoQuant - https://cryptoquant.com/asset/btc/summary - 5) CryptoFees https://cryptofees.info/ - 6) Hashrate Index https://data.hashrateindex.com/asic-index-data — 7) LunarCrush https://lunarcrush.com/home — 8) Santiment https://santiment.net/ 9) Gas Fee Calculator - https://www.cryptoneur.xyz/en/gas-fees-calculator This list is by no means exhaustive, there are thousands of other tools/resources out there. Odds are, you do not even need 1/10 of those on this list; so my recommendation is don’t waste time wishing for better tools — learn how to masterfully use a few key ones provided above. If you went through the entire list, you might have noticed that there are no CEFI (centralized financial) tools on this list. This was done on purpose, given the madness that transpired with centralized exchanges/service providers throughout 2022. If you would like me to add any specific resource that might be beneficial to others, just drop a comment below or send me a DM on Twitter. Otherwise; I hope you find these tools helpful in building your knowledge & financial freedom. Thank you so much for reading! 🥂🚀 See you in the next Bull Market 🚀🥂 Also published here.

200+ Essential Crypto & DEFI Tools for 2023

Although JavaScript is now the most widely used programming language worldwide, it is not usually the first language that comes to mind for building a blockchain. This could be because JavaScript is frequently regarded as a front-end technology, despite the continuous development and use of Node.js. Lisk changes everything about that misconception and empowers Javascript developers to build powerful blockchains. The goal of this article is to teach you how to build Javascript Blockchains with the Lisk SDK. By the end, you will be able to utilize it to build your own blockchain application using JavaScript. If you are a JavaScript developer new to blockchain Are you a JavaScript developer interested in learning about blockchain but unsure of where to begin? You should first read the blog post , which will give you an overview of some of the fundamentals and major benefits of utilizing JavaScript for blockchain development. Blockchain in JavaScript Once you are done with that, you can begin with some of our free Javascript-based blockchain application tutorials listed below. Additionally, there are several educational courses and some guidance for deploying your own blockchain application concept. Javascript Blockchain Tutorials makes it easy to understand the intricacies of the blockchain network and related modules. Already, several tutorials are available for developers that want to understand blockchain in JavaScript. Lisk SDK All of these tutorials, which range in difficulty from beginning to intermediate, can be finished in 4 hours or less. Additionally, they are built on ideas that are applicable to real world use cases and issues present in the blockchain industry. Tutorial Dashboard App and Hello World The first tutorial offered to developers demonstrates how to create a "Hello World" application in keeping with the traditions of software development. Users will learn how to carry out the following tasks from this tutorial: Lisk SDK Initialize a basic blockchain application Custom module creation Custom plugin creation Blockchain application configuration Utilizing Lisk Dashboard Unit Test modules and assets NFT App Tutorial NFTs are becoming increasingly popular in the crypto industry. As a result, a number of projects such as Colecti, Enevti, and RGB are already being developed on the Lisk network around the existing NFT concept. Additionally, the upcoming Lisk SDK v6 will support a standardized NFT module. Users can learn how to do the following by going through Lisk's Non-fungible Token (NFT) Tutorial: Make an NFT-compatible blockchain application. Make a custom module for producing and buying NFTs. Create a custom plugin with extra NFT-related functionalities. Social Recovery System (SRS) Tutorial The worry of losing one's funds is a common issue among all cryptocurrency users. A user can lose access to their passphrase in a variety of circumstances, including accidents and theft. This Social Recovery System aims to alleviate some of those concerns. Users will be able to carry out the following tasks using Lisk's Social Recovery System (SRS) Tutorial: Create a tool for account recovery. Establish a recovery configuration. Tutorial for Lisk Name Service (LNS) Many blockchain applications want to make use of a domain name service, comparable to the DNS or the Ethereum Name Service (ENS). The Lisk Name Service (LNS) tutorial enables the development of a service where users can register .lsk domains for a predetermined period of time (1-5 years). Users will be able to do the following after completing the Lisk Name Service (LNS) Tutorial: Create a service that enables decentralized DNS Create domains with .lsk Configure TXT and CNAME records Blockchain Courses for JavaScript Besides just the relevant blockchain application tutorials, we’ve also suggested courses to take. These blockchain courses can be the foundation of your knowledge. Listed here are a few different options that are specifically about JavaScript in Blockchain. Learn Blockchain by Creating Your Own in JavaScript - Udemy This course offers a thorough method for learning blockchain in JavaScript. There are several video lectures about it. The content is divided into eight following sections: Introduction Constructing a blockchain Blockchain Access through API Build a blockchain network Coordinating the network Consensus Explore the blockchain Conclusion This course will teach you how to use JavaScript to create your own decentralized blockchain network. Along the way, you will have also picked up and made use of a variety of crucial blockchain concepts, including cryptography, algorithms, network broadcasts, and a lot more. An installation of Node.js and a working knowledge of JavaScript are requirements for this course. Build a DEX Using JavaScript: Beginning Programming at Moralis Academy Want to learn blockchain with JavaScript but have little to no prior programming knowledge? Try this Moralis Academy course. The course begins by covering all the fundamentals of HTML, CSS, and JavaScript. When you have learned the basics of programming, you can use these abilities to communicate with already-existing blockchain platforms like 1inch and Coinpaprika. Afterward, you'll be guided through every step needed to create your own JavaScript-based decentralized exchange (DEX). Coursera - Programando un blockchain básico con Javascript This one-hour course is taught entirely in Spanish, as the title suggests. The user will create a straightforward blockchain application using Node.js in this tutorial for JavaScript beginners. A brief introduction to blockchain technology precedes the definition and programming of blocks, followed by the programming and testing of an application. Deploy your own custom blockchain idea Having completed the and perhaps a Blockchain in JavaScript Course, you now want to create your own blockchain. Before you begin to develop, you should read in order to examine all of your alternatives and learn basic starting points. Lisk Tutorials How to Build a Blockchain Next, take a look at , for example, if you need some ideas on what to construct for your blockchain application. JavaScript Web3 Projects has the answers if you get stuck, join today and introduce yourself. Lastly, don't forget to look into financing options available through the . Lisk Discord Lisk Grant Program

A Guide on How to Build a Blockchain with Javascript

Una guía sobre cómo construir una cadena de bloques con Javascript

Un guide sur la façon de construire une blockchain avec Javascript

जावास्क्रिप्ट के साथ ब्लॉकचेन बनाने के तरीके पर एक गाइड

Javascript でブロックチェーンを構築する方法に関するガイド

Um guia sobre como construir um Blockchain com Javascript

Hướng dẫn về cách xây dựng chuỗi khối bằng Javascript

关于如何使用 Javascript 构建区块链的指南

Your DeFi or crypto project needs to showcase itself within the DeFi industry, which can’t be done without the investment in DeFi marketing strategies. We’ve already mentioned a few steps you could take to kick-start your DeFi/ crypto project in the , but as Henry Ford said, “ .” Your DeFi marketing campaign is not something you can simply stop, so we’ve outlined a few other DeFi/ crypto ad strategies to not only get you started, but to keep you going. Pre-Launch Stage Stopping advertising to save money is like stopping your watch to save time DeFi marketing tools The blockchain, , and crypto coins sphere has seen booming growth over the last few years, bringing lightning-quick market changes and ever-increasing competition. Once the pandemic hit, the DeFi industry took a giant leap forward, and being online became a necessity. DeFi As we know, the decentralized finance (DeFi) and crypto movements aim to replace traditional financial institutions, in all ways, shapes, means, and forms. The merging of ‘old-fashioned’ banking services with blockchain technology will define the future of the financial ecosystem, regardless of where you come from or who you are. Through a series of smart DeFi contracts and digital crypto coins, you are in complete control of your assets, without any interference from third parties. Now, to the tools! Exchange listings Your token is worthless if there is no demand for it and this is where centralised and decentralised (Dapps) crypto exchanges come in. The Dapps play an incremental part in DeFi project’s marketing as they offer access not only to liquidity, but a huge audience base, that is notoriously all about decentralized finance. Therefore, consider listing on , or other (subject to the blockchain you run) as a pillar milestone on the road to global DeFi success. But, make sure you don’t ease on the other crypto marketing tools either, as it is all about multi-channel approach. Uniswap Pancakeswap Trading rewards and DeFi incentives The time has come, and your DeFi token gets listed on either a centralized or decentralized exchange (dApp). Congrats! But still, there is some work to do. First, there is the build up. It is a phase when your token enters the market and needs some , which, to be fair, is primary to its success. This is where your trading rewards program should come in. Trading rewards are usually set to reward the users that trade the most volume within a given period of time and act as a foundation of your tokens growth. Talk to the exchange you partner with to arrange such an event for you. Otherwise, there is nothing that stops you from making your own and getting that extra traffic from it. trading volume to support the price activity as well as liquidity Boost your DeFi startup appeal with trading incentives! DeFi projects are known for their and filling one can also be incentivised. Most DeFi players reward early bird pool participants with additional tokens. However, it is a strategy that can turn the marketing side of things against you. To industry pros, . And this is bad news, regardless of how you look at it. Instead, a good DeFi implies , because it is very likely that the winners will reinvest the prize money back into the token. Win win, right? liquidity pools giving out free tokens stipulates that the team intentionally decreases the token’s value marketing strategy rewarding users with fiat currency Display Ads for DeFi In , we being a gateway to promoting your DeFi project globally, and in return, receiving real lead generations and stats. A simple, visual-based, and eye-catching photo or image promoting your DeFi/ crypto project is all you need. The purpose of Display ads is to grab users’ attention over the DeFi marketing competition, through: Part I spoke about Display ads Brand awareness. You want your DeFi/ crypto project to stand out, be valuable, and more importantly, recognizable. Customer acquisition. Keeping your DeFi project’s brand at the forefront of your audience’s thoughts has the potential to significantly increase your ROI. They might not be interested in you there and then, but they might recall your DeFi project or crypto coin when the need arises. Digital advertising has become a billion-dollar industry, and Display ads have extraordinary potential to reach more than 90% of online users across the entire planet. Are you certain your DeFi marketing ad captured the right audience? discussed CPM (Cost Per Thousand), as being a more appropriate DeFi marketing strategy at the pre-launch stage. Once you have , acquired leads, and an initial following, then you’ll be better equipped to narrow down your audience and use a more specific approach to your Display ads – Cost Per Click (CPC). You can read our Part I built brand awareness comparison of CPC and CPM models With CPC, you and target people based on the parameters you have selected. Define how many times an individual sees your ads per day and prompt action. This is where Bitmedia can help you achieve conversions, since it is exactly what we have been up to as of the early days of DeFi. Already backed by top publishers within the DeFi and crypto industry, our platform acts like a one stop shop for DeFi marketing… concentrate on conversions Matvey Diadkov, CEO of Bitmedia “Crypto market has considerably evolved over the last years and triggered changes in financial instruments and in approaches to privacy. We as a company see our mission in helping the industry grow by equipping crypto businesses with an easy-to-use and affordable tool for attracting new audiences” - Both time and resources are precious to your DeFi campaign, and you need to be in the right place, at the right time, in front of the right people. So perhaps it’s best to also use the right help. DeFi Trackers If you want to get your DeFi/ crypto project seen by other DeFi pioneers, you’ll find various platforms, such as , or , that follow new DeFi projects. They’ve become popular with DeFi users, who can easily access information and offers about interesting DeFi/ crypto projects, so it would be great getting your DeFi project onto as many of these DeFi tracker platforms as possible! Also, make sure you get listed on less popular resources than , like and many more. DeFiPulse Staking Rewards Coinmarketcap Coinpaprika SEO / Content Marketing / SMM The SEO and Content marketing of your DeFi or crypto coins project is often highly underestimated. Ensuring that your DeFi Display ads send potential subscribers to a valid, up-to-date Landing Page and website is vital to your DeFi campaign. SEO. It’s crucial to stay on top of the DeFi trends. Take a look at the DeFi and crypto industry leaders, and you’re bound to note that their DeFi/ crypto websites and content are SEO-optimised. If you’re in the DeFi industry for the long run, then you need to ensure yours is too. Stay Relevant! Knowledge is king here, and the more you arm yourself with it, the better you can optimize your DeFi and crypto content, making it more relevant. You have a selection of content formats you could choose from to promote your DeFi/ crypto project across social media or DeFi community platforms, like . Content. video tutorials and infographics, webinars, or informative blogs Targeting the right DeFi clients, educating them about changes to your DeFi/ crypto project, and keeping them informed, will solidify the trust of your subscribers. Listen to what your DeFi audience is telling you, and ensure there is value in the content you create. Direct your DeFi or crypto message to solve what they voice. Brad Garlinghouse (CEO of Ripple) “If the cryptocurrency market overall, or a digital asset is solving a problem, it’s going to drive some value” . Once you have your content in place and posted, it is the . Consider every article that you create, as a new, great reason to reach out to the new users, spark interest and involve the community. Share this content on DeFi related subreddits, Medium publications, Facebook groups and Telegram channels as each article must have a chance not only to find its reader, but also get reshared by others. This then becomes a free opportunity to market your DeFi startup, communicate your purpose and win new audience. SMM social media that takes centre stage Last but not least, keep in mind that social media platforms like Reddit and LinkedIn also offer a shortcut to quite a large share of prospective audiences interested in DeFi. Media Mentions And PR When interested parties catch wind of an up-and-coming DeFi project or crypto coin, what’s one of the first things they do? Some serious Googling. So potential followers may appreciate finding decentralized finance articles and mentions from reputable media sources about you. – Richard Branson “A good PR story is infinitely more effective than a front-page ad” Information such as new crypto partnerships, milestone achievements, and listings on exchanges should all be included in your DeFi project’s online material. Everything you do, or say, is public relations. Ideally, the mentions , and hence, you may want to partner up with agencies that have long-standing relationships with large DeFi and crypto media corporations. appear on Tier 1 or Tier 2 media Having your DeFi project mentioned on external resources will not only help your SEO, but holds significant importance when building credibility, brand awareness, and a loyal following. It isn’t a necessity to focus on formal press releases, but consider working with publications that will delve into your project’s purpose, concept, benefits, and economy. Keep in mind that it isn’t just about the number of mass links and mentions, but again, the quality of the audience. You could have reached a million viewers, but it’s all wasted if your target audience isn’t correct. Referral programs Brand awareness happens due to great exposure, and Display ads, SEO, and influencer marketing all contribute to this. However, adding a little ‘extra’ will go a long way, undoubtedly increasing interest in your DeFi project. Affiliate programs and referrals give you the opportunity to offer Sign-Up discounts or some funds to start trading with, a great invitation bonus to your DeFi project. You can generate referral links and share them through your social media accounts, where anyone who joins also becomes a referrer. They earn rewards or a small profit, whilst you grow your community. Everybody wins! Influencer Marketing In the first guide to DeFi marketing, we mentioned Influencers and Key Opinion Leaders (KOL) as being a great strategy to solidify your DeFi project’s brand recognition. Collaborating with quality DeFi or crypto influencers who have a strong, enthusiastic following, such as , and , could boost your own bottom line. Whether you source influencers through agencies or organically, dedicate time to do your research and develop a schedule that works in line with your other DeFi project’s marketing strategies. Ivan on Tech 99Bitcoins Finematics Partnerships and Blockchain forums Being already covered in the first part of our guide on Defi Marketing, partnerships as a growth tool become no less important in the launch stage either. By this time your project already carries some brand weight in terms of an active community and market capital. Now, not only in terms of a new user base, but make your market offering better too. Perhaps, to get a hint or two. A good partnership will help your DeFi project make waves in at least two of the partnering companies’ communities and become a good PR motive. Finally, partnerships are made to improve the product, and this than any other DeFi marketing tool. look for projects that can add value to your product, listen to what your community suggests can attract a much greater audience base Blockchain forums and events used to be a great way to get to know other players in the DeFi industry and expand in terms of networking. Whilst most events were slashed back in 2020, we begin to see these gatherings come back to life again. Don’t expect to find yourself another 1 million users by taking part in forums, but on the other hand, it is a of your company a little higher. Here is the list of the biggest crypto conferences coming soon: great opportunity to find partners and nudge the brand awareness Upcoming blockchain events Email Marketing There’s no downside to growing your DeFi project’s mailing list through Landing Pages or Display ads, however, you need to ensure that you nurture these relationships consistently. Stay in touch, and share general messages, DeFi information, or offer deals or referral codes for new subscriptions. Relentless emails will drive away your DeFi followers, so be certain that the DeFi/ crypto content is engaging, interesting, personal and timed correctly. Mix it up, and pair it with social media marketing to create more impact and build rapport with both current, and potential members of your DeFi community. Summary DeFi marketing is an ongoing process. Once you get your DeFi/ crypto project off the ground, you’re going to want to send it to the moon – and keep it there! DeFi marketing strategies must be integrated into your DeFi/ crypto project from the very beginning if your aim is to be successful. The basic DeFi marketing process looks something like this: – Use DeFi marketing tools to understand your target audience, find out what communities they integrate with, forums they visit and with what and whom they engage. Research – Understand what you want your DeFi marketing strategy to achieve, for example, more subscribers. Goals – Assess the strengths and weaknesses of various DeFi marketing strategies that would pair well with your research and your goals. Execution – Make it the best it could possibly be and assess the effectiveness of a resource or situation. Optimization – Track your progress and results, and make consistent adjustments and improvements to your DeFi campaign wherever necessary. Analysis DeFi marketing strategies are useful instruments that should be employed before and after the launch of your DeFi/ crypto project, and steadily maintained. Competition is fierce, and to stay on top, your DeFi campaign must be well-prepared and planned. There’s a lot of DeFi marketing support out there, and you should definitely consider working with the most experienced in the DeFi and crypto field. The likes of Bitmedia offer a simple one-stop-shop which might be all you need, and if you want to get your foot in the DeFi door, you’ll want to start on the right one!

The Essential Guide To DeFi Marketing: Part II - The Launch Stage

Opinion piece: What we can learn about documentation and logging I have a long history of telling people I'm the dumbest person in this industry. This comes with the con that people think I'm dumb, but also an amazing pro. If I can read your documentation and use your tool, you did an amazing job because you got an idiot like me to use it. Extra points for a fast "aha!" moment. and are f*cking shit, I hate javascript, and can someone / something please address the dumpster fire we have going on holding the entire front end of the internet together. It's 2 AM, let's chat boys and girls. NPM yarn Welcome to Hacker f*cking noon, where we can write sh*t like this. you a picture.... Let me paint I need to upload some code to the cloud, what code isn't important. The README.md for step 1 is clear as day: Requirements yarn

Run ```make zip adapter=coinpaprika``` Simple, I need yarn, then I need to run that command. Now, I have worked a lot with python, and maybe I'm spoiled because works 99% of the time, but this can't be much worse right? I have a macOs, how do I install on this OS? Let me go to their . It seems so straightforward! This is great! I can run one of multiple commands, let me just try the easiest. make pip install documentation page brew install yarn And I get an error: curl: ( ) The requested URL returned error: Forbidden
> Failed to download https: 22 403 //yarnpkg.com/latest.tar.gz. Hmm, not sure what that means, but no worries. I can just google this, maybe the site is down? Maybe I have weird firewall rules? The triage list of possible issues is pretty long here, and I explore a number of them. After unsuccessfully triaging, I decide just to move onto the next command. I don't really need to become an expert on the ins and outs of this package to use it for it's intended purpose right? sudo port install yarn After trying this I get a number of other weird issues, follow similar triage paths. So let me try something else. Let me dig even deeper trying to figure out what I'm doing wrong. I google the error Check github for issues Try the command on my friends computer and ask them Spin up a Ubuntu VM in my Google cloud and try to install using the f*cking Ubuntu commands it f*cking supplied, and then start to google and triage those errors, till finally I come across this sh*t. You can install yarn with NPM, just run:

npm install yarn -g I suspect this won't work, but I of course try it both on my mac and my linux VM anyway, and then proceed to lose my f*cking sh*t. The INSTANT I saw npm I knew all hope was lost. Which brings me to my first point. 1. Clear, concise, logging is critical You are a coder, you work with computers. We get it, we are technical people, however the users trying to use your tools are human. When an issue comes up, a human is going to fix it. Not a robot. A human. And humans are emotional creatures. Every second your tool is being debugged by a developer, their hate for your stupid logo grows, and want for an alternative grows. It's a great way to drive away developers. So if you'd like your project that you've spent years building to be despised by the community and moved on from, then please, don't add logging. I know it's hard and a bit tedious, but every time you get an error and someone doesn't understand the issue about why the issue happened, you have a responsibility to upgrade your error and documentation so that anyone can use it seamlessly. Here are some tips. Here is a great example of what I think is sh*t: : [~/code/lottery-react -  (master)] $ npm run start patrick@Patricks-MacBook-Pro-2 > lottery-react@ . start /Users/patrick/code/lottery-react
> react-scripts start


There might be a problem the project dependency tree.
It likely a bug Create React App, but something you need fix locally.

The react-scripts provided by Create React App requires a dependency: : Don try install it manually: your manager does it automatically.
However, a different version babel-eslint was detected higher up the tree:

  /Users/patrick/code/node_modules/babel-eslint (version: . ) 

Manually installing incompatible versions known cause hard- -debug issues. you would prefer ignore this check, add SKIP_PREFLIGHT_CHECK= an .env your project.
That will permanently disable this message but you might encounter other issues. fix the dependency tree, try following the steps below the exact order: . Delete -lock.json ( .json!) / yarn.lock your project folder. . Delete node_modules your project folder. . Remove from dependencies / devDependencies the .json your project folder. . Run npm install yarn, depending the manager you . most cases, this should be enough fix the problem. this has helped, there are a few other things you can try: . you used npm, install yarn (http://yarnpkg.com/) repeat the above steps it instead.
     This may help because npm has known issues hoisting which may get resolved future versions. . Check /Users/patrick/code/node_modules/babel-eslint outside your project directory. example, you might have accidentally installed something your home folder. . Try running npm ls babel-eslint your project folder.
     This will tell you which other (apart from the expected react-scripts) installed babel-eslint. nothing helps, add SKIP_PREFLIGHT_CHECK= an .env your project.
That would permanently disable this preflight check you want proceed anyway.

P.S. We know this message long but please read the steps above :-) We hope you find them helpful!

npm ERR! code ELIFECYCLE
npm ERR! errno npm ERR! lottery-react@ . start: `react-scripts start`
npm ERR! status npm ERR! 
npm ERR! Failed at the lottery-react@ . start script.
npm ERR! This probably a problem npm. There likely additional logging output above.

npm ERR! A complete log this run can be found :
npm ERR!     /Users/patrick/.npm/_logs/ - - T04_38_46_190Z-debug.log 0.1 0 with is not in to package "babel-eslint" "10.0.3" 't to package of in 6.1 2 is to to If to true to file in To in 1 package not package and or in 2 in 3 "babel-eslint" and or in package file in 4 or on package use In to If not 5 If and with with package in 6 if is For in 7 in package If else true to file in in case to is 1 0.1 0 Exit 1 0.1 0 is not with is of in 2020 05 08 What the f*ck Usually, my terminal doesn't take up the whole screen, so I only see the bottom. I can only image a new developer's reaction seeing the screaming at you 50 times. Giving them flashbacks of father beating down the door in his drunken stupor at 2 AM, just for trying to get to actually print "helloWorld". npm ERR! helloWorld The GOOD thing about this (if you don't instantly go catatonic), is that if your anxiety meds calm you down from the epileptic induced error overload, if you scroll up, it does give you some good tips that DO usually solve the issue. Which is: You probably forgot to run npm install silly Which I have a different issue with, and seem 1000% times simpler... Am I wrong? Please let me know. A rant for another day.... pip install requirements.txt Anyway, the logging has a lot of good information in it, which is awesome, and it is clear, which I love. The part that is ass is the fact that it's the length of an 8th graders essay where the grading rubric was based solely on whether or not they hit 1,000 words. VERY The other issue is why the living hell are such a massive file? Am I just a python brat? And a java brat? And a go brat? Why is it that I don't have this massive folder on any other language. Ug, that's a rant for another day. node_modules 2. Documentation needs to reduce friction If you want people to use your tool quickly and efficiently, they need to have an " " moment quickly and efficiently. This is especially true for new developers, since ofter once someone finds a tool that works, . aha! they tend to stick to it Let's look at the documentation for pip and npm? Each home page has a "Getting started" or "Quickstart" page. Great! That's what I want! To quickstart! : Here is python/pip's In this first section I now know almost everything I need to know. The rest of the page is as concise and beautiful as this portion. If you even hit that link, you reach a page where the first line says: install pip pip is already installed if you are using Python 2 >=2.7.9 or Python 3 >=3.4 YES. THIS. EVERYTHING ABOUT THIS. ITS ALREADY THERE. I'm going to need it! Why would it NOT be installed??? What's the most important thing I need from pip? What is right at the top of the documentation? Brilliant right? It's installing packages. How to install packages. : Now we go to npm's You would think the most important thing is creating a new user account or paying for your account. Ya know, since they put those at the top. But it's not. It's not the most important thing. The most important thing is installing packages. 3. The ridiculous dependencies This is the one most people quote. Since javascript doesn't have a standard library like python, people are free to write there own and import anyone else's. This has the massive pro of being open-sourced as hell, but the massive con of no consensus at all, and sometimes for you to use one package someone wrote, means you need to install 2,000 other random files. Talk about "lightweight". Oops. This can mean that if one package is updated, broken, removed, fixed or something, your code may no longer work, and when you go to debug it you have to go 10 dependencies deep to figure out the actual issue. This is all over the world. exactly what happened in 2016 Not to mention that I just praised npm for being open-sourced as hell, except in this same instance they kicked someone's package to the curb to make room for a bigger companies. #openSourcedUnlessYoureNotABigCompany Photo by on Mohamed Nohassi Unsplash Summary Look, at the end of the day, I was eventually able to work out the kinks and get my project to work. And I know if I spent more time reading through everything I probably would be a lot better at these technologies. I'm not a javascript pro by any context, and I know that a response can be "Well then why do you say they suck if you're not even a pro??". First impressions are huge. And what I'm trying to say, is that the experience of working with these tools, especially early on, shouldn't be this frustrating. If you want developers to work with your tools, reducing the complexity and friction should be a top priority. It feels like npm has reached a point where they are saying: "Well, the web is built on javascript, and we are the dominant package manager, so they will have to come to us. F*ck them." (Not an actual quote) I think this will be a massive misstep for them, as we saw Microsoft go through nearly exactly the same journey. Becoming complacent, started building shit products, and then . becoming dominated by competitors who were sick of their shit I also don't want to say pip is perfect. Virtualenvs are the programming equivalent of "wtf" for beginners, but somehow I (being the dumbest human in the industry) was able to figure it out. And if you don't believe me. Google "npm is bad" and read the shitstorm of posts about how bad npm is. From being a , , , , . poorly managed company more information on the joke of package dependencies why we need to address the issue of npm the million devrants from this site hacknews and reddit filled with hate And now me too. Let me know if you think I'm just a shitty pissant coder, brilliant documentation analyst, or something else. I have more helpful content 99% of the time, like blockchain tutorials, python and machine learning, and fintech engineering. Follow me on , , , and ! Medium Twitter Youtube GitHub

Why NPM and Yarn f*cking suck

Every market has its cycles. Some of them are short, some are long. Gold, silver, precious metals, the real estate market, stocks, bonds - all of these have experienced their fair share of ups and downs. After a pullback, going back up can be a long process - a market cycle can take years. Gold was at its peak in 2011, after that its price was in decline for five years before it slowly began a new market cycle. Now it’s in a visible uptrend. And the crypto market is not exempt from following these same rules. It’s hard to define whether it’s going up or down at any given moment, but it’s possible to tell what trend it’s likely to follow in the next few months. Those who spot the right trend at the right time can make good money, so it might be a smart idea to prepare in advance: reserve some cash to buy new assets, to store crypto, and wait patiently for your profits to rise. Next we’re gonna talk about why altcoins market has a strong potential to go up at the end of the year. Beware, however, this is not investment advice, just an opinion. download a blockchain wallet The market seems dead, but it could be the right time to buy The crypto market has only two important indicators to watch out for: The price action of BTC - The main cryptocurrency (BTC) defines where the market goes. When Bitcoin moves up, most altcoins go down, because bots and traders sell their altcoins to buy more BTC. When BTC goes down, altcoins go down too, because everyone is exiting their positions and moving to stablecoins/fiat. It's not that hard to see that every scenario is bad for altcoins. That's why they have been bleeding for almost two years. At the same time, when BTC does nothing and goes sideways, altcoins tend to go up. And this is what’s happening right now. The dominance of Bitcoin is another metric of the crypto market that indicates the overall share of BTC in the total crypto market capitalization. During the peak of the altcoins market at the beginning of 2018 it fell to 32%. Since then it has continued to grow; currently, the dominance is at 70%. But, lately, that is starting to decrease. Let’s find out why. Percentage of total market capitalization (coinpaprika.com). BTC was moving sideways last week, so according to past experiences, it's time for altcoins to shine. It's probably not the bullrun we’re looking for, not yet, but the greens show us that altcoins aren’t dead and may in fact actually be heating up. After all, Bitcoin’s 70% dominance can’t last forever and the new market cycle of altcoins could be right around the corner. That’s why it’s safe to say that before the end of 2019, we may yet see another bullrun. It’s unknown yet as to what may trigger it - the launch of Bakkt, or some large company adopting technologies of one of the countless blockchain projects. But one thing is certain - the total market capitalization for altcoins has shrunk so much that it’s very hard to fall further. That’s why they begin to . Also, the blockchain adoption is happening (slowly, as well), but crypto traders expect that institutional money will come to the market, buying huge loads of colored tokens. How much money can come to the crypto market? It’s unknown, but imagine that the whole market capitalization of BTC and all altcoins combined is less than the capitalization of the credit card company Visa. Or Nestle. Or Bank of America. There are hundreds of such giants in the traditional stock market, and crypto is worth only a small fraction of it. slowly grow The crypto market can easily increase tenfold like it's nothing if institutional money really starts pouring in. The arrival of new money is the essential condition for another bullrun, like it was in 2017. Do you remember how it happened? Old patterns = new patterns In December 2017, altcoins have seen their ever, increasing for many weeks almost without any corrections. What happened then? Retail traders, heated by the mass hysteria in the media, came and began to buy everything available at crypto exchanges. The supply became a lot shorter than the demand, and the prices began to skyrocket, as it always happens in markets with low liquidity. It's worth mentioning that before the rise of 2017 all alts were also depressed and bleeding. strongest rally Total market capitalization – excluding bitcoin (coinpaprika.com). Now we see the same situation. According to the theory of market cycles, sooner or later, altcoins must reverse the trend from bearish to bullish, like Bitcoin did. After all, the majority of altcoins have lost 90% or more of their capitalization, so it would be normal for them to rebound at least to half of their former value. That’s when it’s gonna be great to have some in your wallet. It’s not gonna be the same Many things have settled down for cryptocurrency in the past few years - no longer is it a means of payment between outlaws and drug dealers. Even Facebook is developing its own crypto, and that’s the coin many lawmakers fear the most. However, our discussion isn’t about Libra. It’s about crypto in general. What will happen next? In order for our forecast to happen, and before institutional money will be able to come in, another set of crypto regulations must be defined, and more exchanges have to follow the rules. Only of the top global exchanges are licensed, and that means that later they may have trouble with the law, and their customers may be affected by these troubles. Even the exchanges that have KYC and AML procedures now operated without them for years, and can potentially hide many illicit activities. 14% Average composite risk performance of crypto exchanges by country (coinfirm.com). The only way to evade it is to use compliance-first tools; for example, exchangs and cryptocurrency wallets that were launched only after receiving regulatory approval. Some countries, like Japan, are luckier, as they already have official approval from the government and a self-regulatory consortium of exchanges that defines the rules and decides what’s good and what’s bad. However, this is Japan, where Bitcoin was considered an official means of payment for years. All other countries, especially the US, still have to develop their regulations. When that happens, it can become the trigger for wider crypto adoption. We won’t say that it’s necessary for the next altcoin bullrun, but it’s always better to use licensed platforms and tools instead of unregulated ones. Overall, the shift in crypto slowly happens from being a wild market, to a place with some defined rules, and maybe the next bullish market cycle of altcoins and Bitcoin will bring more lawmakers to the task of making it a totally civilized industry. And that’s when the biggest money comes in. You’ll definitely want to be prepared and have your wallet ready to receive your new altcoins stash. So maybe it’s time to choose right now.

Why is the Crypto Market back in Green After Almost Two Years of Pullback?

Nearly 70% of all cryptocurrency volume displayed on CoinMarketCap is fake. At least, that’s according to the done by Alameda Research. This is a huge problem for anyone trying to determine what cryptocurrencies are popular and define a strategy based on the market data. While the methodology of estimation may vary, the common principle is the same: researchers exclude the shady exchanges that tend to misreport the volume and leave only the more or less reliable ones, such as Binance or Bittrex. research What do we mean when we talk about fake volume? In reality, all of the trades , but most of them are just moving funds from the right pocket to the left; exchanges trading with themselves to create the illusion of liquidity. This is called , and the reason for it is simple: nobody wants to trade on illiquid small exchanges, so they create fake volumes to survive and attract users. actually happen wash trading Source: https://www.forbes.com/sites/johnkoetsier/2018/12/19/report-top-crypto-exchange-bithumb-faking-up-to-94-of-trading-volume-bithumb-denies-allegations/#72d07ae6645d There's even a special that shows more accurate data for the daily volumes of traded cryptocurrencies. It may help a bit to some people, but the majority doesn't even know about such tools and fall for deception: a lot of the popular tokens that seem to be actively traded, according to CoinMarketCap, actually have a very low volume in reality. If you thought so too, then read further. In this article we'll see that the daily traded volume of a project’s tokens or its overall market capitalization doesn't indicate that the project is still alive or vice versa. It may seem shocking, but there's a simple explanation for that. site Fake projects hide behind fake volume Do we still remember Ethereum’s when Ethereum Classic was created? It was an extraordinary situation with debatable measures, but in the end the outcome was supposedly very simple: the chain gets forked, the old chain gets abandoned, and the community moves on. Suddenly, though, some people decided that they wanted to support the old chain despite the lack of developers, as all the original Ethereum developers supported the new forked version. The result was obvious - no one uses the ETC chain, and it's unclear if the project is still in development despite three teams working on it, no updates, and no technological breakthroughs. Is the token still traded? Of course, it's listed on the largest exchanges, its market cap is more than $876 million, and it still holds 20th place with a volume of $727 million, almost equal to its capitalization! Why is it popular? Because it’s traded everywhere, thus many people suppose it’s a solid project. hard fork Another example is Bitcoin Cash. It was in a similar way as Ethereum Classic - by a group of people not in agreement over the way of the main chain development. They forked the chain, but did almost nothing since then - they only changed the size of the block, which required changing a few lines of code, and then forked the chain again, creating two more currencies: BCH and BSV. The original creators behind the first fork, Bitmain, are the owners of the largest Bitcoin mining pools. The rumors are that they bought a lot of Bitcoin Cash in 2018 and sold their BTC to pump the first and suppress the price of the second. These rumors can be justified by the about their holdings in 2018; at the time of the report, Bitmain held approximately 5% of all coins in circulation, which means they definitively bought some off the market. Holding that many coins, they are clearly interested in persuading everyone that the project is alive, but should we believe it? created report There are countless Bitcoin forks on the market, such as , that are hyped-up projects no one actually uses, such as . Then we can also talk about ; it has been in development for many years, but it’s still so far from completion. Bitcoin Gold Tron Cardano All of these are large projects sitting at the top of the crypto ranks. But what about the smaller projects? It’s even harder to distinguish a good project amongst the lower ranks, so what criteria should be applied? Look at the core, not the wrappings Investing in blockchain projects is very similar to Venture Capital investing: you have to choose very carefully and look at the real potential of the project, not at the temporary hype around its token. The crypto market is subject to strong manipulation, as we've seen earlier, and it’s enough to have a million dollars to be able to manipulate the price of many tokens, pumping or dumping them at will. Market manipulation is of course a serious crime in most countries, but it still happens. Source: https://xkcd.com/ So we have to understand that the daily trading volume of the coin is one of the last things we have to look at – it’s just too easy to be created artificially in order to attract attention. For example, Metaverse ETP (a coin that was listed only on Bitfinex) is , leaving its holders only to guess at the cause of pumps. If you look at its , you may think it's dead with no active users left. Meanwhile, development continues and they regularly post updates. Does this price action mean anything in the end if they manage to finish their product? Not at all. constantly manipulated subreddit Then there’s Lisk, the project that everyone seems to have lost faith in despite its brilliant idea. A blockchain that allows you to write smart contracts in JavaScript, one of the most popular coding languages in the world. The volume is very low - around $650,000 per day, which is a small fraction of its total market cap, equal to $198 million. However, they continue development, having recently the long-awaited SDK. Did it affect the price or volume? Not even by a cent. Will they deliver? Of course they will, as they have to maintain themselves for many years. The performance of their token is irrelevant until the project’s completion. released enough funds Do you think you heard them all? Check this one out: – a blockchain platform for real estate management. It started development in 2018, when it raised funds through a seed round and the first phase of their MPG token offering, and it already has more than 70,000 users. They have a very strong team from , the company developing Ardor, and they already have a working platform – the International Property Crowdfunding Platform on the blockchain. They also have real operations and turnover, yet at the same time, their token has almost zero volume because they refuse to allow anyone to create fake volume on their token. There's only a small amount of MPG tokens in circulation, and it seems that the majority of holders don't want to sell them. That's why, again, it's important to look at the potential of the project, its team, and the company behind it (if there even is one), instead of market metrics. Max Crowdfund Jelurida Source: https://coinpaprika.com/coin/mpg-max-property-group/ Conclusion The crypto market can be fairly shady. Like any emerging market, it still doesn’t have any defined, clear-cut rules. All projects, both large and small, set their own rules and follow (or don’t follow) them at will. To navigate this Wild West without losing your hard-earned money, every investor must set their own rules, too. One of these rules must be “Don’t ever look at hyped projects.” It doesn't matter, the fundamentals should be there – a strong team, a clear vision, and a product, like Max Crowdfund has, or a strong idea, like Lisk. The market appreciated Amazon 10 years after the dotcom bubble. In crypto, time flows faster and the market cycles are shorter, so we may see a new altcoin soon. Can you guess what projects will be among the leaders? Only those that give real value and a unique experience to their customers. During the previous alt seasons we’ve seen a lot of vaporware, but now it’s time for the real projects.

Fake Volumes & Wash Trades on Exchanges: What should we Believe?

One of the investment mantras we keep hearing from various financial advisors is: “Don’t keep all your eggs in one bucket” which actually means “Always diversify your investment portfolio”. In crypto, it’s harder to implement this advice, because almost every altcoin follows Bitcoin like a dog on a leash. Anyway, there are some examples of crypto investments that could have saved you from losing money in the cryptocurrency market. Binance Coin performed very well and its price is than it was at the beginning of 2018 ( against $24.5). The reason behind this is the value proposition of Binance Coin – the token has real and it’s backed by the largest crypto-exchange in the world. All the other altcoins have in price since 2018, as they don’t have any valuable assets behind them. So, the obvious strategy that may come to mind to help us diversify is investing in tokens supported by real assets. Luckily, there are many investment opportunities in the crypto market. still higher $30 utility fallen significantly Source: coinpaprika.com From antiques to exotic cars The idea of asset tokenization isn’t fairly new – the development of , the platform for gold bars tokenization, was introduced in 2017, as well as of , a platform for real estate investment on the blockchain. These are some conventional examples. Today we’ll talk about those totally exotic options, that are considered for investment only by those knowledgeable in the space. We’ve handpicked 4 projects to look at. Here they are: DigixDAO Harbor . It's a token for those who might be interested in financing the excavations of historical properties and getting revenue as a result of these excavations. 35% of antique collectors for financial gains, citing investment as their primary motive for collecting. Now there’s no need to even hold antiques directly, as one can make money on maintenance of cultural properties. There are several applications of the blockchain technology in the Grand Egypt Coin project. After excavation, the properties get scanned in 3D and this data gets added to the blockchain database. This helps to manage the status of repairment and logistics when lending them for the Grand Egyptian Museum exhibition. Grand Egypt Coin hope . It’s a platform which has the goal to democratize access to the market of fine arts, to make it available to everyone. From Monet to Picasso, every painting or sculpture can be tokenized and sold to many investors as shares. Nowadays, the fine art market is outdated, it hasn’t changed for nearly three centuries, the artworks are traded at the venues manually, each piece is too expensive, and the market can’t reach its true potential as it can’t expand further. The platform gives access to as many investors as possible by allowing to buy small fractions of artworks. Maecenas . A platform for fractional ownership of rare collectible cars. Similar to fine art, classic cars can be a hedge against unfavorable market conditions in stocks, bonds, or crypto, as they always meet a steady demand due to scarcity. They even S&P500 over the past 10 years, gaining 289% in value and being the best-performing asset among all luxury investments. Every car, sold on the platform, can be purchased in fractions, allowing small investors to participate in this previously inaccessible market, or be purchased as a whole. Every car is kept on the platform for 5 years for potential appreciation. 5 years after the purchase, car owners can vote on selling it. BitCar outperformed . A platform for sharing holiday properties. It works as follows: the Crowdvilla Non-Profit Organization buys various properties, and the token holders receive the right to use them or to allow other people to use them. The tokenomy is a bit sophisticated, as there are two types of tokens: one for owning the share in Crowdvilla’s portfolio, and another one is for staying in the properties. The first token, CRV, periodically generates the second one, CROWD, which can be seen as a kind of profit, as it can be sold to those who want to use it. Holiday properties are becoming , the accommodation market has reached in the US only, so maybe it’s a good idea to consider it as an investment. Crowdvilla increasingly popular $36 billion What should you be looking for Diversification is aimed to protect the value of your investment portfolio despite any market conditions. The key to diversifying is choosing various types of assets that would have a negative correlation with each other. So, for example, in the case of a debt crisis, bonds usually plummet, but gold increases its value, being a defensive asset. It proves that your money should be allocated across various types of assets. This way, even if a portion of your portfolio is declining, the rest of your portfolio is more likely to be growing, or at least not declining as much. It helps to be in profit constantly, closing the profitable positions and waiting out, if necessary, the losing ones. Source: ig.com to Fidelity Investments, a company, managing $2.46 trillion in various assets, “During the 2008–2009 bear market, many different types of investments lost value at the same time, but diversification still helped contain overall portfolio losses.” It works in a different manner in crypto, as almost every altcoin is pegged to BTC, as we’ve found out earlier. So, when we’re trying to diversify in crypto, we try to find those assets that have an intrinsic value. Most of the tokens backed by real collectibles, art objects and antiques, suit that definition pretty well. So, the only thing left is choosing between all the available options. According When considering alternative investments in exotic assets, every investor should ask himself a few questions: When do you expect to get profit? Are you ready for low liquidity that you may encounter in alternative assets? Will the asset still be in demand 5 or 10 years from now? Do you want to receive dividends or simply wait for an appreciation of the asset? Who are the people that would manage that asset for you? Those questions help you decide, what type of exotic asset you’re looking for: wine, cars, stamps, paintings, antiques. Let’s apply these rules to our previously reviewed projects and find out the best one to make a maximum profit. Supporting both the science and your pocket at the same time According to the comparative table, the most complex and well-rounded among all reviewed in this article is . It’s backed by the Museum itself, it allows you to receive regular payouts, you can sell your tokens anytime, and holding GEC comes not only with material benefits but also with reputational rewards. Grand Egypt Coin As a GEC holder, you’d get 20% of the Grand Egyptian Museum, as well as sharing the profits from the joint venture on the excavations. To keep up with the times and technology, the Museum has plans to launch a VR museum that could be accessed from anywhere in the world, which profits will also be shared among GEC token holders. The reputational rewards include adding a nameplate of the investor’s name to the exhibition, depending on the purchased amount of GEC. Out of these, 200 persons will get the chance to have their names engraved on the Obelisk near the entrance of the Great Egyptian Museum. It looks like the holders of GEC get a lot more than altcoin holders: in addition to owning an asset, backed by real-world ventures, they get the opportunity to become philanthropists just by getting their GEC tokens in the currently ongoing IEO (18th July to 20th July) on , , and . OKUBIT BJEX.pro CC Global So, here we have found what we were looking for: an opportunity for diversification. Remember, the only goal for implementing this strategy is having enough various assets to always have something increasing in value, that would balance the depreciating ones. Source: dilbert.com By buying tokens of BitCar, GEC or Maecenas, you're buying not a line of code, but rather a real asset with a certain value. Many assets on the crypto market have zero value, being a simple entry in a distributed database, nothing more. But these tokens allow you to become an investor in cars, art, and antiques. Every item is unique and valuable in its own way. By having them, you could worry less about the state of stocks or cryptocurrencies, as a part of your portfolio isn't dependent on the crowd’s mood.

How to diversify your Investment Portfolio without leaving your cryptocurrency wallet

Under the hood of crypto price aggregators

The historic judgement by the Supreme Court of India in March this year imposed by the Indian Central Bank RBI. The decision brought a lease of new life into the Indian crypto ecosystem where many were living in uncertainty for almost two years. The Supreme Court hearing not only helped the very few existing crypto startups and exchanges but also paved the path for many other entrepreneurs who were looking to start a crypto business outside India. overturned the banking ban The overruling of banking ban helped exchanges to make it easier for customers to invest in cryptocurrencies by adding direct bank transfers and INR support. And the effect of the decision is visible today during the pandemic and countrywide lockdown where Indian exchanges have reported a 400% surge in trading volume. The timely intervention by the supreme court surely helped the Indian ecosystem to come to the mainstream with several big firms like Binance, OKEx, Ripple and many more investing in Indian crypto startups. However, despite this boost, the Indian government still seems a bit passive towards the digital assets as rumours of a "parliamentary note" issued by the Finance Ministry asking for a blanket ban was the talk of the town only a couple of weeks ago. Indian IT and Remittance Industry Could Further The Adoption India is known as the IT outsourcing capital of the world and contributes 7.7% of India's GDP and as per NASSCOM, the IT sector generated revenue of $180 billion in 2019. Given the rising demand for blockchain developers, smart contract developers and many similar IT needs of the decentralized space, India can not only add to the adoption cause but also help in building better solutions of tomorrow. Even today, Indian crypto ecosystem has been representing the country's potential in the decentralized space despite the uncertainty over its regulations. Some of the prime examples of Indian crypto startups which have had quite an impact in the decentralized space include a blockchain scalability solution provider focused on Ethereum blockchain. Indian crypto exchange which was recently acquired by Binance. Indian crypto exchange offering derivatives trading and also recently launched a blockchain learning platform. Matic: WazirX: CoinDCX: Apart from these well-established exchanges and firms, there are numerous developers, content creators who work freelance for other firms due to the absence of awareness and well-regulated market. Regulations would not only help develop the crypto ecosystem but also lure more people to the ecosystem and offer a chance to these freelancers to working on native projects full time. Apart from the IT sector, cryptocurrencies could also find a huge adoption through remittance services in the form of a medium of transfer and has a great potential given India is the world’s largest population outflow country, with more than 17 million immigrants in 2019. This means a large population of the country make use of remmitance services which comes at a cost at the moment. As per a recent conducted by OKEx and Coinpeprika, the global market share for crypto transactions would increase significantly from India in 2020-2022. The amount of remittance by Indians is the highest in the world. study Ripple, one of the biggest names in the remittance sector which utilizes XRP ledger to facilitate cheap cross-border transactions sees India as a crucial market and has already partnered with several Indian banks and enterprise. The use of crypto for remittance is growing in trend across the globe and India with one of the largest migrant population with the highest remittances value could be the next big crypto remittance market. got in touch with Siddharth Sogani, CEO of Crebaco, a blockchain analytics firm to get his views on what India needs to possibly capture the growing crypto remittance. Sogani explained, Cryptoknowmics "India has evolved on its digital payment sector since the demonetization happened. We saw the emergence of several payment gateways and many got funded as well. We Indians have learnt to transact using digital payments and QR Codes now. Crypto is nothing else but a digital payment method for the user, yes on the backend, it uses several technologies. Total transaction value using Digital Payments is currently around US$69m so far. And is growing at a growth rate of approx. 20% hence looking at this, we should reach US$141m+ by 2024 in this segment. Currently crypto has 5.5 Million users in India, doubling almost every 6 months, so I am sure that many will now think of entering the Indian market having crypto also as one of the payment options. The only problem of getting Crypto for micropayments is when NPCI approves crypto for settling transactions through various payment gateways. If India regulates crypto, NPCI will have to work on the payment side of it." The Indian government needs to look at the big picture and how other countries despite their initial reservations have realized that futures lie in fintech. While the government's concern to protect its citizen is understandable, it should not come at a cost of missing out in a global race despite having potential and resources.

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