crypto expert

Bitcoin rose to its best level since May 21 on the back of several favorable news reports. The recovery started following a tweet from Tesla CEO Elon Musk who said the company will start accepting Bitcoin payments again after crypto miners use “(~50%) clean energy” with a “positive future trend.”

The sentiment improved further after billionaire hedge fund manager Paul Tudor Jones said he likes “Bitcoin as a portfolio diversifier.” Tudor Jones also advocated investing “5% in gold, 5% in bitcoin, 5% in cash, 5% in commodities,” while speaking on CNBC on Monday.

OUR BLOG ARTICLES FOR THIS SPECIAL ISSUE ARE AMBER GROUP – CRYPTO OPPORTUNITIES IN A YIELD-STARVED WORLD WASDER – BRINGS GAMING COMMUNITY TO A WHOLE NEW LEVEL, & ROOCOIN – CHARITY-ORIENTED TOKEN FOR A GOOD CAUSE!

We had advised traders to buy 40% of the desired allocation in Bitcoin on a bounce off £21,000. Traders got that opportunity on June 8 when the price rebounded off£21,952.65. Those who bought the dip are already sitting on profits.The BTC/GBP pair is unlikely to start a new uptrend in a hurry. Therefore, traders should book profits on their gains and again attempt to buy at lower levels. About 50% of the position may be closed at the current level and the rest can be held with the stop loss at breakeven.

The 20-day EMA has started to turn up and the RSI has risen into the positive territory, indicating that the selling pressure has reduced. The pair may now rally to the 50-day SMA, which is likely to act as a stiff resistance.If the price turns down from the 50-day SMA, the pair could drop to the 20-day EMA. A strong rebound off this support will suggest that the sentiment has turned bullish and traders are attempting to buy on dips.

A breakout and close above the 50-day SMA will clear the path for a stronger recovery that may reach the 61.8% Fibonacci retracement level at £33,902.53 and then £38,000. Conversely, if the price turns down and breaks below the 20-day EMA, it will suggest that traders are squaring their positions on rallies.

That may result in a few days of range-bound action.

Lastly please check out the advancement’s happening in the cryptocurrency world.

Featuring in this weeks Edition:

- Wasder
 
- Asia Broadband

- Amber Group

- Gaugecash

- RooCoin

- Starter

- Somee

Read More
CRYPTO TRADE OPPORTUNITIES

Berkshire Hathaway Invests $500M in Brazilian Digital Bank Nubank

Bitcoin Surges Above $41k — MacroStrategy, PTJ, FOMC Meeting, BCIE ‘Adopting BTC for Legal Use’

Goldman Sachs Plans to Start Trading Ethereum Options, Futures

Bitcoin Remittances to El Salvador Surge 300% Ahead of BTC Becoming Legal Tender

WEREWOLF EXCHANGE – A DEFI ECOSYSTEM WITH DEX, NFT, AND WEREWOLF RAFFLE

ASIA BROADBAND (AABBG): THE 100% GOLD-BACKED TOKEN FROM A US MINING COMPANY

AMBER GROUP – CRYPTO OPPORTUNITIES IN A YIELD-STARVED WORLD

WASDER – BRINGS GAMING COMMUNITY TO A WHOLE NEW LEVEL

ROOCOIN – CHARITY-ORIENTED TOKEN FOR A GOOD CAUSE!

Over the past few months we’ve been laser focused on strategic developments that support our overall goals.

Top of the list is protecting our community and following a rising number of attacks, we have successfully taken steps to enhance our overall security and eliminate fraudulent activity. We published an article in May to explain why and how we protect ourselves from spammers and other malicious actors and you can read more on the latest implemented measures and their impact below.

Growing WOM’s network value is another business priority that has taken center stage since our last update. We’ve published previously about YEAY’s Team feature, which enables community collaboration in order to increase overall network economic value and you will find more details on the latest enhancements to Teams to support this goal below.

Aside from this, we have made a number of improvements to our native elements to enhance our user experience and stamped out more bugs with plenty of testing and iteration along the way.

The following provides a detailed overview of the WOM and YEAY changelog from March 2021 to June 2021. As always, we have combined the update to feature progress across both WOM and YEAY, as the development of one is necessarily dependent on the other.

Backend: YEAY/WOM
Commits: 348
Files Changed: 654
New lines of code: +12,489
Refactored lines: -4,398

Frontend: YEAY app
Commits: 291
Files Changed: 200
New lines of code: +10,123
Refactored lines: -8,159

Frontend: WOM Authenticator
Commits: 43
Files changed: 89
New lines of code: +1,301
Refactored lines: -1,230

Frontend: Crypto wallet module for YEAY app and WOM Authenticator
Commits: 12
Files changed: 43
New lines of code: +1,145
Refactored lines: -203

Frontend: various websites updates
Commits: 1,012
Files Changed: 1,004
New lines of code: +32,123
Refactored lines: -12,221

All updates
Commits: 1,706
Files Changed: 1,990
New lines of code: +57,181
Refactored lines: -26,211

Preventing Fraudulent Activity
We have now implemented automated systems for detecting spammers in both the YEAY and WOM systems. We are pleased to report that from the moment that we released this feature we were able to automatically catch around 90 percent of spammers on both systems. This update was accompanied by clear and open communication with our community about the difficult decisions we have had to take, including further clarification in our Terms & Conditions.

Driving Network Growth
The Team feature implemented in the YEAY app gives select creators with verified accounts the power to recruit friends and followers onto their team — and increase everyone’s WOM Token earning potential. We have enhanced this feature by enabling team leaders to create exclusive video messages for their teams within the YEAY app to motivate, inspire, share tips and help improve content quality and output. We have also given team leaders the ability to promote team members’ videos to help increase exposure and earnings.

Updates List:
Implemented automated systems for detecting spammers
Implemented a report system to catch unusual user behavior in YEAY and WOM
Enhanced security protocols to ensure a safer environment for our loyal users
Added a new way for team leaders to engage with their team by promoting videos
Added the ability for team leaders to create exclusive videos
Updated the logic to tag uploaded videos
Added notifications to various events
Added a countdown on YEAY videos being authenticated
Added a notifications list in the YEAY app
Updated the search logic on YEAY app
Updated the gift cards UI/UX in YEAY and WOM apps
Updated search logic on WOM app
Enhanced the response speed of the major endpoints
Ensured the safety of WOM transactions between the systems
Updated the policy for showing the content of banned users
Added previews of videos when they are shared in a message
Updated native elements for a better UX
Fixed minor bugs
Tested, tested, and tested again

What’s In Store
Below are some of the priorities we will be focusing on in our next development sprints.

 

Coming Up List:
Graphs to display the earnings directly in the wallet section of YEAY and WOM apps
Playlist v2 in YEAY app
Filtering and sorting videos by language in the WOM app

 

Do you have any questions or feedback? You are always welcome to reach us through our Telegram communities, on Twitter or via our Help Desk.

*Read the Terms and Conditions

Singapore, 15 June 2021 — WOM Protocol Pte. Ltd., a social commerce solution that enables brands to leverage word-of-mouth recommendations, announced today the launch of YAAAS, a brand new Non-Fungible Token (NFT) marketplace that connects social influencers and music artists with each other, as well as their communities, through the sale of experiences, collaborations and real-life meet and greets.

To celebrate the launch of YAAAS, WOM hosted an exclusive invite-only influencer event last Thursday, 10th of June, at a secret location in Miami, where guests with a combined reach of more than 250 million attended, alongside Puerto Rican rapper and songwriter, Noriel, who performed live.

Guest attendees included:

@alexyoumazzo (6.7m TikTok fans)
@dayynaa (5.9m TikTok fans)
@keemokazi (18.4m TikTok fans)
@swagboyq (15.8m TikTok fans)
@derektrendz (4.6m TikTok fans)
@nicolegarcia (6.7m TikTok fans)
@lelepons (23.7m TikTok fans)
@nilskue (2.7m TikTok fans)
@imgriffinjohnson (10.7m TikTok fans)
@markielucas (7.1m TikTok fans)

The YAAAS marketplace, which is currently in MVP, launched today with a phased rollout of features, enabling the community to test and shape its future development. First features include the ability for social influencers to trade TikTok Duet collaborations, giving successful TikTok creators a way to monetize their skills and help other creators make better videos, while supporting influencers looking to invest in further development and coaching a chance to improve their productions and grow their reach.

Collaborations are also available to artists looking to monetize their music through collaboration with influencers, giving influencers a brand new channel for finding original music to feature in social videos.

The YAAAS marketplace MVP also offers multiple relationship-building and engagement opportunities for fans, through the sale of meet and greets, as well as further in-person and online events.

The marketplace is designed with user-friendly features to make NFTs accessible to creators and communities that have no prior cryptocurrency knowledge or experience. Sellers can simply set up an auction for their services, along with a minimum and Buy Now price, to enable fans and followers to start bidding.

Buyers, meanwhile, simply need to register with YAAAS and set up a payment method, which can include fiat currencies, as well as Ether and ERC-20 tokens, including the WOM Token, through the use of a MetaMask wallet.

Once an auction is over YAAAS will open up a direct chat for buyers and sellers to arrange any final details. Buyers will also have the option to resell paid-for services, opening up the potential to make a profit.

The WOM Token, together with the WOM Protocol, provide a way to reward creators for recommendations without compromising consumer trust in the content. All recommendations are authenticated through the WOM Authenticator app, enabling the creators and authenticators to earn WOM Tokens as users engage with the content and make purchases.

TikTok star, Swagboyq, said: "YAAAS is a great new opportunity to collaborate with my community while getting into crypto.”

Pop singer and influencer, Lukas Rieger, said: “Thrilled to have a new NFT marketplace that is focused on use cases for influencers and music artists. A lot of influencers are already familiar with WOM Token and are joining YAAAS.”

Melanie Mohr, CEO of WOM Protocol, said: “Social influencers are a powerful force with such incredible reach into consumer markets — we have a real opportunity here to create simple, user-friendly ways to monetize, while simultaneously driving mass NFT and cryptocurrency adoption. When people think of NFTs they immediately associate them with digital products and artworks, but there are so many more varied use cases, especially in the social networking space. Instead of social posts broadcast to millions of fans, think of one-on-one phone and video-based interactions, real-life meet and greets, content collaboration and coaching opportunities and much, much more.”

For more information: www.YAAAS.me

 

About WOM Protocol Pte. Ltd.

WOM (word-of-mouth) Protocol Pte. Ltd., is a blockchain-based marketing tech that gives brands, content creators, publishers, and social networks a way to monetize word-of-mouth recommendations on any app or platform. WOM is backed by dozens of seasoned investors from around the globe. For more info about WOM: https://womprotocol.io/

In March 2021 WOM launched the WOM Campaign Manager, to provide brands with a dashboard and control panel for viewing authenticated recommendations about their own and competitor products. Brands can use the tool to select content to boost for additional exposure on the YEAY app, while tracking all of the engagement metrics and KPIs related to these recommendations and configurations.

The WOM Campaign Manager is a free tool accessed at https://cm.womprotocol.io/home

One of the major problems that we have seen in the last decade is the availability of Blockchain-related talented souls. You need a smart contract written, or a website designed or a Logo designed, u end up hunting different websites, which turns out to be actually an Agency that has already hired Blockchain talent and earning in $$, away from the thoughts that these talented souls only get a small drop from the vast ocean of funds available.

Let's break this code, WhitePigeon Network would like to bridge this gap between a Talent and the Client. In the course of the next 3 years, WhitePigeon Network would like to extend its support to such Talented people who want to provide their services to the clients in a Decentralized way, without the interference of a third-party agency.

If you are one of those talented people out there, we will help you to set up your very own marketplace to sell your product or services. Now you don't need to spend $$ on building a fancy website and then take the pressure to market it as well to find prospective clients.

Today WhitePigeon Network is happy to announce that it will support 50+ Talents to build their Service/product catalog and connect with suitable clients who wish to buy their service/products in its next 03 years roadmap. Get yourself featured with the help of star ratings you get from your clients once you make the right and awesome delivery. If you are any of the following, then it's your time to scale forward:

Freelance Developer

Freelance Designer

NFT card developer/holder

BlockChain/Crypto Content writer

Taking its vision of making Decentralised P2P a frictionless experience, WhitePigeon Network will be extending its support to bring consumers and Merchants onboard in a truly amazing ecosystem.

"The greatness of a nation can be judged by the way its animals are treated"- Mahatma Gandhi

Community Driven Charity Token!
 Liquidity is locked over DX-Sale for 80 years – we take it seriously!

 We want to continuously help the ecosystem to recover while also providing a valuable asset to our holders.

 Every single day a new species is driven closer to extinction by the abusive and unsustainable use of natural resources. Most of humanity claims that we have lost our way. Let us prove them wrong! We are still in it for the good and the just causes, that bring this world to another level!

 We are a fast-growing team of Crypto enthusiasts and incredibly talented Individuals building a strong community to make a change in this world.

 Make this one the greatest Coin of 2021!

 
Here is the game changer token.

- An API interface to make in-app currencies transferable, payable and FINALLY valuable
- A mobile marketplace based on blockchain technology for users and developers
- The First blockchain based social network with an integrated token for influencers and advertisers

The Game Changer contest is now live: https://gamechanger.viral24.io/

Visit the website for more information: https://gc-token.com

LinkedIn: https://www.linkedin.com/company/game-changer-gmbh/

Twitter: https://twitter.com/Gmetoken

Facebook: https://www.facebook.com/gaming/gamechangertoken

Instagram: @gamechangertoken

Medium: https://medium.com/@Game-Changer

Reddit: https://www.reddit.com/user/gamechangertoken

Telegram: https://t.me/GameChanger_Community

YouTube: https://www.youtube.com/channel/UC97KYhPNgg5JT6ZTvo1oxJw

 

 

The team at Advertise Coin consists of competent and experienced marketers, blockchain experts, and seasoned Fintech experts.

Advertise Coin also have its OWN Ad exchange features http://webhit.net, which is currently in developing stages, and is going to be fully launched soon.

Advertise Coin is currently developing various Ad Exchanges covering the entire advertising industry.

Advertise Coin offers bonuses to participants during the token sale. You can withdraw the bonus or use it to buy advertisements on exchanges. ADCO is poised to skyrocket in the coming months.

ADCO is the token for everyone in the advertisement industry. Join now and be part of a growing movement.

Everyone who registers will receive free tokens, as well as will receive tokens for everyone who registers through his referral link.

Website: www.advertisecoin.com

Telegram: https://t.me/advertisecoin

Facebook: https://www.facebook.com/advertisecoin.com

Twitter: https://twitter.com/advertisecoin

Medium: https://advertisecoin.medium.com

LinkedIn: https://linkedin.com/company/advertisecoin

Youtube: https://www.youtube.com/channel/UCHSYIa17XoPiCkN55HXu46w

 

 

Schedule:
9:00:00 AM ET: Day 2 Welcome + Opening - Commissioner Danielle Cohen Higgins
9:10:00 AM ET: The Bitcoin Macro Landscape - Preston Pysh, Jeff Booth, Mark Yusko, Greg Foss, Trey Lockerbie.
9:45:00 AM ET: When a Counterculture Goes Mainstream - Tony Hawk, Jeremy Gardner.
10:50:00 AM ET: Panel: Mining as a Public Company - Frank Holmes, Jason Les, Fred Thiel, Kevin O'Leary.
11:15:00 AM ET: Moral Case for Bitcoin - Guy Hirsch, Robert Breedlove, Jimmy Song, Guy Swann.
11:40:00 AM ET: Onboarding 1 Billion Bitcoiners - Ivan Soto-Wright, Ray Youssef, Bobby Lee, Yan Pritzker, Flip Abignale.
12:10:00 PM ET: Bitcoin for Billions, Not Billionaires - Elizabeth Stark, Lyn Alden.
12:40:00 PM ET: Making Bitcoin's Infrastructure Ubiquitous - Mike Novogratz, Charles Cascarilla.
1:40:00 PM ET: Pay Me in Bitcoin - Ghazi, Money Man, Sean Culkin, Jack Mallers.
2:05:00 PM ET: Giving Back to Bitcoin - Hong Fang, Mike Schmidt, Ben Price, Matt Odell.
2:35:00 PM ET: How Bitcoin Can Stimulate the Green Energy Transition - Steve Lee, Aaron van Wirdum.
3:10:00 PM ET: Toxic Maximalism: A Feature not a Bug - Dr Bitcoin MD, Nico ZM, Aleksandar Svetski, BTC Lerk, Nik Hoffman
3:35:00 PM ET: Evolutions of Exchanges - Caitlin Long, Sam Bankman-Fried, Ciara Sun, Erik Voorhees.

https://www.youtube.com/watch?v=VVDNEnRAZU4

Presale Link- https://cointool.app/ido/exchange?menu=1&contact=1&address=0x72C08c8032A4a0efcE269d047BC9e7FA06462A43&c=56

FreePalestine is our charity cryptocurrency aimed to do more than simply raise awareness for the plight of the Palestinian people, we will use our platform to generate vital donations to registered charities, operating in the heart of Palestine. Every transaction gives 6% straight to Palestinian charities. We are different than competitors because we offer the highest percentage to charity, and we do not burn tokens, which ensures all our holder percentages show correctly. This provides full transparency to holders and buyers.

We understand that FreePalestine is being launched amidst a backdrop of scam coins. That’s why we encourage buyers to use safe purchasing practices when buying any new coin, ours is no exception. After the release, the dev will lock liquidity and renounce ownership. Once the dev has provided proof via the telegram group and twitter, then you can purchase with confidence. Stay Safe.
With less than 1 mil in market cap and a low 21 million coin supply make it a no brainer moonshot while helping a good cause.

 THE DEV IS DOXXED
The Dev is doxxed and has posted a video for all to see, pinned on our telegram channel

 6% to Charity
6% of every transaction will be sent directly to the charity wallet. This will then be used for donations to the charities chosen by our telegram community; Paliroots and Muslim Hands. Transparency is key with FreePalestine, donations will be shared with our telegram page for all of our members to view.

 Website and Roadmap
Both have just been freshly launched.

 Redistribution and liquidity
1% Redistribution – Holders will receive tokens through a static reflection; every transaction will be taxed 1% and distributed to holders.
3% Auto Liquidity – Every transaction automatically contributes to the locked liquidity pool.
80% liquidity will be locked – The rest will be allocated for Airdrops and marketing.

 Exchange listings
Coinmarketcap, Coingecko and Coinhunt listings will follow.

 Marketing
A Marketing strategy is in place, with posts from major Tiktok influencers on the way and many large Instagram pages are ready to share our project.

After Elon Musk’s Tweets backtracking on Bitcoin support, the sentiment soured further on May 18 when China banned financial companies from offering cryptocurrency related services. This sequence of events resulted in a massive crypto meltdown on May 19 where Bitcoin plunged 30% to $30,001.51 before attempting a recovery.

That was followed by the US Treasury Department’s announcement on May 20 requiring transfers worth $10,000 or more to be reported to the Internal Revenue Service.

OUR BLOG ARTICLES FOR THIS SPECIAL ISSUE ARE POINTPAY – REVOLUTIONIZING TRADITIONAL BANKING MODEL, JOIN IN REVOLUTIONISING CRYPTO TRADING WITH BLOCKQUAKE, LEDGER NANO X – THE GATEWAY TO EVERYTHING CRYPTO & TICAN A DECENTRALIZED PAYMENT GATEWAY

Bitcoin plunged to £21,000 on May 19 according to our expectations. However, the bulls purchased this drop as seen from the long tail on the day’s candlestick.

The bulls attempted to push the price back above £31,005 on May 20 but failed. The downsloping moving averages and the RSI near the oversold territory suggest that bears are in control. Therefore, relief rallies to the 20-day EMA are likely to be sold into. With buyers stepping in at £21,000 and sellers at £31,005, the stage seems to be set for a consolidation between these two levels for a few days.

However, if the bears sink the price below £21,000, the selling could intensify and the pair could drop to £15,000. This negative view will invalidate if the bulls push and sustain the price above £31,005. That will suggest the bottom has been made at £21,000.

A short-term trading opportunity may present if the price rebounds off the £21,000 to £22,000 range in the next few days. Traders may buy on the bounce off this zone with the stops at £20,800.

The target objective of this trade is £31,005. Traders may step aside if the price breaks below £21,000.

Lastly please check out the advancement’s happening in the cryptocurrency world.

Featuring in this weeks Edition:

- BlockQuake

- PointPay

- Tican

- Ledger

- Roocoin

- iZOBi

- Zumo

-DeFiBids

Read More
CRYPTO TRADE OPPORTUNITIES

Total crypto market cap gains $400B as DeFi tokens lead the recovery

Bitcoin bounces after weeklong ‘capitulation event’ results in $14.2B in losses

Oil-Crypto Alliances Form in North America To Power Bitcoin Miners

Goldman Sachs Believes Ethereum Beats Bitcoin, New Leaked Report Reveals

INTRODUCTION TO ROOCOIN – THE GOFUNDME OF THE CRYPTO WORLD!

ZUMO BRINGS ITS CRYPTOCURRENCY WALLET TO THE PLATINUM CRYPTO ACADEMY

POINTPAY – REVOLUTIONIZING TRADITIONAL BANKING MODEL

Shenlong is making the wishes come true! Shenlong is a token on the Binance Smart Chain that has made its mission to fulfill the wishes of children in need.

According to UNICEF, there are over 140 million orphans worldwide. In the U.S. alone, over 11 million children live in absolute poverty.
Most of these children do not even know what it means to receive gifts at Christmas. We want to change that.
Together with the crypto community, we would like to donate to organizations that take care of such children.
So that these children can also receive gifts, and believe in the love of humanity, instead of in hatred.

https://youtu.be/Kq71FiIEC-8

a

NFTs are having a moment. In mainstream media they are being popularized as a means of trading collectibles and digital artworks. NFTs, or non-fungible tokens, are essentially smart contracts, converted into tokens, that confirm the ownership of a digital asset. Unlike Bitcoin or Ethereum, or actually any currency be it USD or EUR, every NFT’s value is unique.

By now most people have heard wild stories about single NFTs selling for as much as $69m and are probably wondering why collectors are prepared to pay such incomprehensible sums to own digital artworks that probably wouldn’t get many art critics excited.

The Daily Show’s Ronny Chieng doesn’t hold back in his interviews with Mark Cuban and digital artist Mike Winkelmann concluding that NFTs are overhyped — regardless, a heady mix of desirability and scarcity have clearly created a valuable NFT market.

Polarized as the NFT debate might be, it’s currently based on a very one-dimensional view of precisely how NFTs can be implemented. Pop culture has painted them as collectibles, but arguably their use cases are far broader and their potential to disrupt entire industries may well be potent.

One case in point is the social media industry and Alex Masmej, co-founder of Showtime, who goes as far as to claim that NFTs are going to eat social media.

It’s a bold claim, but what exactly do NFTs have to do with social media and what makes them so disruptive? Here are two NFT use cases in social media to better understand and explore Masmej’s statement.
Use Case #1: BitClout

Social networks have fallen from grace in recent years as their one-sided monetization models and exploitative data practices have entered the public psyche. To bring the balance of power back, decentralized blockchain technologies have emerged as a means of keeping data at the device level and distributing it away from central intermediaries.

In the world of social media this is creating better ways for creators and communities to gain greater control and, simply put, decentralize social media.

One example of this is BitClout. The social network launched in March and though the developers behind it have remained anonymous (the CEO calls themselves Diamondhands) they claim that BitClout is not a company, but a proof-of-work custom blockchain.

    “Its architecture is similar to Bitcoin, only it can support complex social network data like posts, profiles, follows, speculation features, and much more at significantly higher throughput and scale. Like Bitcoin, BitClout is a fully open-source project and there is no company behind it — it’s just coins and code.”

The user experience is unashamedly Twitter-like — people’s Twitter profiles have been scraped and replicated on BitClout. However, unlike other platforms where the currency is content, here the tradable currency is the creator themselves and their influence — and it’s something that creators and their fans alike can own and monetize.

This is where NFTs play their part. NFTs supply BitClout with Creator Coins, which represent popular creators and influencers all the way from Joe Biden, to Elon Musk, to Justin Bieber, and the value of the Creator Coin, which users of the service can buy and sell, rises and falls with the person’s popularity. Users can therefore speculate not on an individual piece of content and its longevity as something desirable, but rather the creator and their long-term impact.

Not all creators whose profiles have been scraped onto BitClout have activated their accounts (Musk included) although this doesn’t limit people’s ability to speculate on the associated coins. Founder anonymity, unapproved Twitter profile scraping and speculation without the creator’s permission has led some to question BitClout as a scam.

To others, the controversy surrounding BitClout has only added to its allure and accelerated its growth. As of last month more than $225 million Bitcoin had already flowed into BitClout, and high profile crypto venture capitalists, including Andreessen Horowitz, Sequoia and Social Capital, have backed BitClout with more than $100m. Joey Krug, co-chief investment officer of Pantera Capital, values BitClout at more than $1bn and NYMag’s Jen Wieczner, calls BitClout:

    “A way to finally capitalize on the viral power of Twitter, where virtually anyone can have skin in the game; if it catches on, it could upend social media as we know it.”

Use Case #2: Showtime

On May 5th Showtime introduced itself as a brand new user-owned NFT social network. In other words the creators, not the platform, will be the ones to control, govern and profit from the content.

The platform will be free of Web2 advertising and has raised $7.8m in a funding round led by Paradigm. Only the NFTs on Showtime are currently decentralized, though its ultimate goal is to become a decentralized social media protocol.

In a recent podcast with Software Engineering Daily, Showtime co-founder & CEO, Alex Masmej, describes Showtime as a sort of Instagram for NFTs, where people can browse and sell digital art, but with all of the social aspects of a social network, such as having a profile where all NFT artworks can be displayed in one portfolio, along with features such as connecting, following, commenting and sharing so that it isn’t purely a transactional space.

Masmej predicts that the forthcoming scaling of Ethereum this year will act as a catalyst to an “explosion” in NFT use cases:

    “So that explosion will lead to any kind of social media, not simply digital art, but any kinds of videos, photos, memes will become NFTs, and that’s exciting because basically like this will disrupt Instagram and other social media.”

He also states that Showtime has future plans to enable people to tokenize their digital identities, in a similar way to his own self-tokenization in 2020, where $ALEX token holders could vote on his life choices (e.g. diet and exercise).
NFT Social Networks Bite Back

Whether people will want to start giving away the ownership of their lives and life choices has yet to be seen, although perhaps making money from absolving responsibility for one’s actions is actually quite appealing.

What is clear is that both the BitClout and Showtime examples offer a glimpse into an emerging direction for NFT use cases that are already taking a big bite out of the current social networking space. And this is just the start.

We have some exciting NFT news of our own coming soon. Join the waitlist to stay informed.

*Read the legal disclaimer: https://womprotocol.io/disclaimer/

BNIX is an exchange token of the multifunctional BETCONIX platform.

Already today, BNIX is:

☑ a liquid trading tool tradable on the leading exchanges.

☑ an opportunity to use cashback and reduce commission up to 0%;

☑ ️an opportunity to take part in voting and exclusive lists under VIP terms.

☑ an opportunity to pay in fiat currencies with various blockchains (multi-currency token);

☑ an access to the exclusive investment program with guaranteed profits and insured investments;

April 25, 2021, marked a successful end of the Initial Exchange Offering (IEO) of BNIX.

As part of the BNIX crowdsale, the planned Soft Cap is exceeded almost twice.

The total number of BNIX distributed within the IEO comes to 79,100,600 with a crowdsale token price of 0.15 USDT. The BNIX community within the IEO totalled over 42,000 people.

After the beginning of the BNIX token trading on the BETCONIX exchange (listing), the BNIX market price showed strong growth on average from May 06 to May 20, 2021.

The overall growth in price within the trading in the BNIX\USDT pair relative to the price at the beginning of trading averaged 115% in 14 days.

Today, the BitForex exchange has signed a cooperation agreement with the GN Betconix ST Ltd. On May 20, 2021, the exchanges jointly announced the listing of the BNIX exchange token.

The BNIX exchange rate increased by 63% in 3 hours.

After the announcement of the listing of BNIX tokens on the BitForex crypto exchange.

According to the BETCONIX press relations service, the process of concluding cooperation agreements with two other platforms is currently underway. In total, the BNIX exchange token will be listed on three top cryptocurrency exchanges by the end of the year.

In addition, the agreements foresee not merely the token's listing, but also collaborative decision-making under other projects of BETCONIX such as:

- collaborative conducting of the listing and IEO within the platform with the possibility to vote directly from the BETCONIX Launchpad;

- collaboration under the brand-new BETCONIX's project, an investment platform with insured funds and guaranteed profits. The creation of a joint pool that will become a worthy alternative to staking is planned under this project.

BETCONIX has announced a change in the roadmap since most of the plans for 2021-2022 were implemented in the first and second quarters of 2021.

BETCONIX's new goals include the implementation of a robo trader with a self-learning artificial intelligence system as well as the collaboration work with other cryptocurrency platforms on the creation of the joint poll, the development of BNIX, the issue of tokenized equity by the GN Betconix ST OÜ, and a lot more.

You can get information about the upcoming listing on the BitForex website,

https://support.bitforex.com/hc/en-us/articles/360061455811

All important information can be found in the BETCONIX news blog

https://blog.betconix.com/posts/217?lang=en

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Happy trading!

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Tesla CEO Elon Musk soured market sentiment last week with two tweets that did not go down well with crypto investors. On May 12, Musk tweeted that Tesla will stop accepting Bitcoin payments for its vehicle purchases because of the “rapidly increasing use of fossil fuels for bitcoin mining.” This tweet started the meltdown in Bitcoin.

The second tweet that intensified the selling in Bitcoin was on May 17 where Musk teased that Tesla may have sold its Bitcoin holdings or may do so in the near future. Although Musk later clarified that Tesla had “not sold any Bitcoin,” it did little to improve the battered sentiment.

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We had mentioned that shorting opportunities may open up for professional traders and that is what happened. Bitcoin broke below the £38,000 support on May 12, which triggered panic selling.

The BTC/GBP pair continued to move lower and reached the £31,005 support on May 17. The bulls are currently attempting to defend the £31,005 support.

However, any rebound from the current level is likely to face stiff resistance from the 20-day EMA as traders stuck at higher levels are likely to bail out of their positions on rallies.

The downsloping 20-day EMA and the RSI near the overbought territory indicate the bears are in control. A break below the £31,005 support will invalidate the bullish falling wedge pattern and open the doors for a further fall to £21,000.

Though a rebound from the current levels can not be ruled out, we do not suggest buying in a falling market. We will wait for the correction to end and a bottom to be confirmed before recommending long positions once again.

Lastly please check out the advancement’s happening in the cryptocurrency world.

Featuring in this weeks Edition:

- Zumo
 
- PointPay

- Tican

- Junca Global

- DeFi Bids

- Stealth

- AuBit

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