BlockDAG has recently become a hot topic in the cryptocurrency world due to its groundbreaking lunar presentation and impressive $42.3 million presale. This article explores BlockDAG’s advancements and measures its potential against other significant cryptocurrencies: Avalanche and Fetch.ai. By examining these cryptos’ technological innovations and market performances, we aim to provide insights into their future growth prospects and investment potential in the fast-paced cryptocurrency market. Prioritising Security and Speed in the Avalanche (AVAX) Network Avalanche has emerged as a notable player in the crypto space, recognised for its exceptional speed and robust security features. A significant development for the Avalanche (AVAX) network was the relaunch of the RWA Marketplace’s tokenised reinsurance fund, which received a $15 million commitment from Nexus Mutual. This fund utilises real-world assets (RWA) to boost the efficiency and accessibility of reinsurance. By leveraging the Avalanche platform, the fund benefits from its high-speed and secure infrastructure, making it an appealing choice for investors. Avalanche’s standout feature is its ability to handle thousands of transactions per second without compromising security. Its consensus protocol is scalable and secure, allowing for rapid transaction processing. This makes Avalanche a preferred platform for projects with high throughput and stringent security measures. The endorsement from Nexus Mutual, a well-known entity in the insurance sector, highlights the increasing trust in blockchain-based financial solutions. As more projects like the RWA Marketplace harness Avalanche’s capabilities, the network’s growth potential becomes increasingly apparent. Exploring Potential and Overcoming Obstacles in the Market with Fetch.ai The creative way that Fetch.ai (FET) combines blockchain technology and artificial intelligence has drawn notice. However, its recent market performance could have been better. Fetch.ai’s price has declined, and significant trading volume indicates a sell-off. The market cap has dropped by 1.78%, and a “death cross” pattern suggests further potential declines. The technology and vision of Fetch.ai continue to be compelling despite these setbacks. The platform is designed to create a decentralised network of self-governing agents to carry out intricate user tasks. This ambitious vision has attracted considerable interest, though investor sentiment is currently cautious due to recent price movements and reduced network growth. Technical indicators show bearish trends, with a critical support level at $1.96. Breaching this level could lead to further declines. However, if Fetch.ai navigates these challenges and continues developing its technology, it could still become a significant player in the crypto landscape. BlockDAG Shines with its Innovative Technology and Outstanding Presale Performance With its impressive presale performance and creative innovations, BlockDAG (BDAG) is creating waves as a possible big player in the cryptocurrency market. Strong investor confidence is evident in BlockDAG’s over $42.3 million in presale proceeds. The project’s second keynote, delivered from the moon, showcased major milestones, including the launch of the X1 mobile miner app. This app allows users to mine BDAG coins efficiently using their smartphones, making crypto mining more accessible to a broader audience. The sophisticated blockchain technology of BlockDAG has drawn a lot of interest, as demonstrated in its most recent technical keynote. The keynote focused on more than 45 development updates, highlighting major advancements in growing their ecosystem and getting ready for their mainnet launch, much like their first widely shared presentation. BlockDAG’s DAG-based Proof of Work (PoW) consensus mechanism enhances scalability and security by validating multiple transactions simultaneously. This innovative technology removes the need for traditional miners, ensuring faster transaction processing and improved network efficiency. BlockDAG’s visibility has increased thanks to its extensive marketing efforts, which include global campaigns and endorsements from prestigious publications like Forbes and Bloomberg. The project’s roadmap includes a mainnet launch within the next four months and introducing new features in the X1 app. With its innovative approach and strong community engagement, BlockDAG is well-positioned to lead the next wave of advancements in the cryptocurrency sector. The Final Verdict Avalanche and Fetch.ai have potential and special features, but BlockDAG is distinguished by its state-of-the-art technology and strong presale performance. The project is positioned as a top contender for quick growth in the cryptocurrency space due to its capacity to draw large investments and sophisticated DAG-based PoW consensus mechanism. BlockDAG makes a strong case for investors looking to take advantage of the next big opportunity in the cryptocurrency market. Join BlockDAG Now! Website: https://blockdag.network Presale: https://purchase.blockdag.network Telegram: https://t.me/blockDAGnetworkOfficialDiscord: https://discord.gg/Q7BxghMVyu

The post The Release of BlockDAG’s Moonshot Keynote 2 Fuels $42.3M Presale, Eclipse Avalanche and Fetch.ai Growth Potential appeared first on Blockonomi.

BlockDAG has captured significant attention in the crypto world with its recent Moon Keynote 2 and a remarkable $42.3 million presale. This article delves into BlockDAG’s latest advancements and compares its potential with other notable cryptocurrencies: Avalanche and Fetch.ai. Let’s examine Avalanche’s network improvements and Fetch.ai’s AI integration to see which cryptocurrency has the best growth prospects. By analysing their unique features and market performances, we offer insights into their potential as investment opportunities in the rapidly evolving crypto landscape. Security and Speed of the Avalanche (AVAX) Network Avalanche has made a name for itself in cryptocurrency due to its speed and security. The Avalanche (AVAX) network recently achieved a significant milestone by relaunching the RWA Marketplace’s tokenised reinsurance fund, securing a $15 million commitment from Nexus Mutual. This fund uses real-world assets (RWA) to improve reinsurance accessibility and efficiency. The fund benefits from Avalanche’s advanced speed and security features, making it an attractive option for investors. Avalanche’s strength is handling thousands of transactions per second without compromising security. Its consensus protocol is both scalable and secure, allowing rapid transaction processing. This makes Avalanche a preferred platform for projects requiring high throughput and robust security measures. Nexus Mutual’s involvement, a prominent name in the insurance industry, highlights the growing trust in blockchain-based financial solutions. As more projects like the RWA Marketplace leverage Avalanche’s capabilities, the network’s growth potential becomes increasingly apparent. Using Potential to Overcome Market Challenges: Fetch.ai Fetch.ai (FET) has gained attention for its innovative blend of artificial intelligence and blockchain. However, its recent market performance has been disappointing. Fetch.ai’s price has seen a downturn, with substantial trading volume indicating a sell-off. The market cap has dropped by 1.78%, and a “death cross” pattern suggests potential further declines. Despite these setbacks, Fetch.ai’s technology and vision remain strong. The platform aims to create a decentralised network of autonomous agents capable of performing complex user tasks. This ambitious vision has attracted considerable interest, but investor sentiment is currently cautious due to recent price movements and a decline in network growth. Technical indicators show bearish trends, with a critical support level at $1.96. If this level is breached, further declines could follow. However, if Fetch.ai can overcome these challenges and continue developing its technology, it could still emerge as a significant player in the crypto space. Innovative Technology and Outstanding Presale Results with BlockDAG With its impressive presale performance and innovative developments, BlockDAG (BDAG) is gaining momentum as a major crypto contender. BlockDAG has raised over $42.3 million in its presale, showing strong investor confidence. The project’s second keynote, presented from the moon, highlighted significant milestones, including the release of the X1 mobile miner app. This app allows users to efficiently mine BDAG coins using smartphones, making crypto mining more accessible. BlockDAG’s advanced blockchain technology, showcased in their recent technical keynote, has captured widespread attention, much like their first keynote video, which went viral. With over 45 development updates, the project has made significant progress in expanding its ecosystem and launching its mainnet. BlockDAG’s DAG-based Proof of Work (PoW) consensus mechanism enhances scalability and security by confirming multiple transactions simultaneously. This technology eliminates the need for traditional miners, ensuring faster transaction processing and improved network efficiency. BlockDAG’s marketing efforts have been extensive, featuring global campaigns and endorsements from major publications like Forbes and Bloomberg. The project’s roadmap includes a mainnet launch within the next four months and the introduction of additional features in the X1 app. With its innovative approach and strong community engagement, BlockDAG is poised to lead the next wave of cryptocurrency advancements. The Final Verdict BlockDAG stands out with its cutting-edge technology and strong presale performance, while Avalanche and Fetch.ai each offer distinctive features and potential. Thanks to its sophisticated DAG-based PoW consensus mechanism and ability to attract significant investment, the project is well-positioned to compete in the rapidly expanding cryptocurrency market. BlockDAG makes a strong case for investors looking for the next big thing in cryptocurrency. Join BlockDAG Now! Website: https://blockdag.network Presale: https://purchase.blockdag.network Telegram: https://t.me/blockDAGnetworkOfficial Discord: https://discord.gg/Q7BxghMVyu

The post BlockDAG’s Lunar Keynote 2 and $42.3M Presale Eclipse Avalanche and Fetch.ai Potential For Increase appeared first on Blockonomi.

What defines a premier cryptocurrency investment? Unveiled at the latest edition of BlockDAG‘s Lunar Keynote, their breakthrough technology alongside a substantial $42.4M in presale funds marks a notable chapter in the crypto narrative. This discussion juxtaposes BlockDAG’s inventive approach against established players like Axie Infinity and LEO, shedding light on their strengths, market presence, and growth trajectories. This detailed analysis aims to arm both seasoned and novice investors with the insights needed to navigate the top cryptocurrency investments effectively. Dive into this detailed comparison and strategize your next big crypto investment move.

Axie Infinity: Transforming Play into Pay

Axie Infinity stands out in the digital currency market with its groundbreaking play-to-earn framework, enabling players to secure real-world benefits from their gaming pursuits. This model significantly boosts player participation and the economic value of its token. Analyst Ali Martinez points to a potential bullish surge for Axie, forecasting a rise in the token’s price from $13 to $22, spurred by a promising inverse head-and-shoulders pattern on the charts. This shift, which turns gaming into a lucrative activity, marks a critical evolution in the market, urging investors to keep a vigilant watch on Axie’s performance for an imminent breakout.

The expansion of Axie Infinity is driven by its enlarging community and the broad acceptance of its revenue-generating model. As it continues to evolve, it solidifies its place as a formidable investment option, demanding meticulous market monitoring and strategic investment from those aiming to leverage its rising potential.

UNUS SED LEO: A Beacon of Stability in the Crypto Market

UNUS SED LEO (LEO) has emerged as a notable contender in the cryptocurrency market, boasting a 70% gain over the last year, and currently priced at approximately $5.986. Its latest market activity and analysis forecast a degree of volatility, yet also signal growth opportunities. The presence of a symmetric triangle formation in LEO’s trading chart suggests potential price fluctuations, with critical resistance at $6.20 indicating a possible uptrend and support at $5.50 hinting at a downtrend. Mixed signals from technical indicators—where the MACD leans bullish and the RSI upholds a consistently positive sentiment—indicate both the possibilities and risks inherent in LEO.

Despite this anticipated volatility, LEO’s long-term outlook appears robust. Its consistent performance amidst market oscillations underscores its resilience, positioning it as a compelling choice for investors seeking a prudent balance between risk and reward. Nonetheless, prudent investment decisions require meticulous research and a deep understanding of the prevailing market dynamics.

BlockDAG: Charting the Course for Next-Gen Crypto

BlockDAG (BDAG) is quickly making a name for itself as a formidable force in the cryptocurrency world, having impressively amassed over $42.4 million in its presale, a testament to the strong confidence it commands from investors. At a recent keynote event, which carried a distinct lunar theme, BlockDAG unveiled major developments including the launch of the X1 mobile miner app. This innovative app enables users to mine BDAG coins right from their smartphones, democratizing the mining process and expanding its reach.

At the forefront of blockchain innovation, BlockDAG showcased its DAG-based Proof of Work (PoW) consensus mechanism during a technical presentation broadcast from the moon. This revolutionary mechanism enhances scalability and security by processing multiple transactions simultaneously, thus obviating the need for conventional mining infrastructure and speeding up transaction times.

BlockDAG’s marketing efforts are robust, featuring extensive campaigns and high-profile endorsements from notable media like Forbes and Bloomberg, significantly boosting its visibility. The project’s roadmap includes an anticipated mainnet launch within the next four months and additional upgrades to the X1 app.

With its visionary approach and active community engagement, BlockDAG is poised to lead the forthcoming cryptocurrency revolution. For investors seeking lucrative opportunities, the ongoing presale of BDAG at just $0.011 in its 17th batch presents immense growth potential, positioning it as a beautiful investment.

Wrapping Up

While Axie Infinity and LEO offer compelling opportunities, BlockDAG stands out with its groundbreaking technological advancements and impressive presale achievement of $42.4 million. Its innovative approach to blockchain technology and solid market endorsement position it as the top choice for cryptocurrency investment.

For investors looking to gain a competitive advantage in the cryptocurrency market, participating in BlockDAG’s presale provides a strategic advantage. It promises substantial returns and positions you at the forefront of blockchain innovation.

Join BlockDAG Presale Now:

Website: https://blockdag.network

Presale: https://purchase.blockdag.network

Telegram: https://t.me/blockDAGnetworkOfficial

Discord: https://discord.gg/Q7BxghMVyu

The post Layer 1 Dominance: BlockDAG’s $42.4M Presale Success & How It Stacks Up Against Axie & LEO! appeared first on Blockonomi.

Following a week of consolidation, Binance Coin (BNB) skyrocketed past $630, spurred by the optimism surrounding Bitcoin’s upcoming rally. As excitement builds up, BNB’s decisive breakthrough caught the eye of investors, with trading volumes surging past the $2 billion threshold, indicating a potential for a sustained rally in the coming weeks.

Amidst the bullish rally, investors looking to diversify their winnings are turning to a notable new project, DTX Exchange, that has captivated traders with its cutting-edge features and remarkable presale performance.

Experts are joining the debate to shed some light on the prospects of Binance Coin (BNB) and the emerging rival DTX Exchange, which promises massive upside potential.

Binance Coin (BNB) Price Predictions

Binance Coin (BNB) became a notable gainer of the last week with a growth of over 5% as its price jumped from $590 to above $630, highlighting based on CoinMarketCap data. This significant shift in bullish support is fueling anticipations of even greater growth in the coming weeks.

The market confidence in the upcoming rally was evidenced by the increased trading activity, highlighting the renewed interest of investors in Binance Coin(BNB). As excitement builds up, experts are forecasting the coin price to retrace its previous all-time high.

If bulls can persist amid the fluctuating market dynamics, Binance Coin (BNB) is likely to see a breakthrough in the coming quarter.

Binance Coin (BNB) Rival DTX Exchange Stealing Spotlight with 100x Gains

Outshining Binance Coin (BNB) with a promising potential 100x ROI, DTX Exchange has quickly established itself as a solid investment opportunity. Its ongoing presale has witnessed a surge in demand for the DTX token, pushing it past $630,000 in record time.

Emerging as a popular choice among traders with its cutting-edge features, including the innovative hybrid model, DTX Exchange is poised to redefine the trading landscape. Offering a blend of centralized and decentralized elements to provide traders with a seamless user experience while negating any KYC (know your customer) requirements.

Another key aspect of the platform is its unmatched 1000x leverage, which allows traders to take large positions with low capital requirements. Moreover, by utilizing a distributed liquidity pool, DTX Exchange provides an efficient trading environment that users can use to generate massive returns.

The project’s growing popularity is attributed to its enhanced security feature thanks to a non-custodial wallet approach that empowers traders by granting them full control over their private keys and digital assets.

Lured by its technological prowess and massive upside potential, investors are rushing for the chance to become holders of the DTX token at its current offering of $0.04. The token’s rapid adoption has led analysts to project a price spike to as high as $3 on its public listing.

Conclusion

While market sentiment remains bullish Binance Coin (BNB) is likely to retest its all-time high in the coming weeks. On the other hand, DTX Exchange is set to launch a new layer 1 privacy blockchain that is creating excitement and is expected to bolster presales with a huge wave of capital.

Offering a 7500% surge potential backed by its remarkable features, the DTX Exchange presale is intensifying, and as its demand continues to rise, it is likely to see exponential growth in the coming quarter, making it one of the most profitable investment opportunities of 2024.

Learn more:

Visit DTX Presale

Read Whitepaper

Join The DTX Community

The post DeFi Underdog DTX Exchange Entices Traders with Hybrid Model as BNB Investors Jump In appeared first on Blockonomi.

Amidst growth in the crypto market, Avalanche (AVAX) and Notcoin (NOT) stand out with price predictions making them premier investments. However, BlockDAG, a layer 1 project, shows significant potential. Following its second keynote highlighting its Low Code/No Code ecosystem, BlockDAG’s presale surged past $42.3 million. This development positions BlockDAG as a top bullish crypto, potentially surpassing market leaders. Investors should consider BlockDAG’s innovative technology and robust presale performance when evaluating their next investment move. Understanding the Avalanche (AVAX) Price Dynamics Avalanche (AVAX) is trading at $36.76 with a 24-hour trading volume of $402 million. Despite a 1.23% increase in the last 24 hours, it has seen a decline over the past week. AVAX holds the 12th position on CoinMarketCap with a market cap of $14 billion. IntotheBlock data shows key support at $32, where 979,000 addresses bought 23.5 million AVAX, and resistance at $48, where 1.02 million addresses hold 22 million AVAX. Forecasts for June 2024 suggest AVAX could reach a high of $57.14, with a potential average value of $49.19, indicating a 49.7% return on investment. Some experts predict an all-time high of $147. While facing current market challenges, the long-term outlook for Avalanche (AVAX) Price remains positive, driven by strong support and strategic resistance levels. Notcoin (NOT) Surge: A Community-Driven Token on the Rise Launched by The Open Network (TON) on May 16 through an airdrop, Notcoin (NOT) has quickly gained traction. It was created as a community-driven token and tap-to-earn game, aiming to attract users to the Web3 world. Despite an 18% decline since its launch, Notcoin has shown resilience, entering a rebounding phase. Over the past week, the price of Notcoin surged by 65%, making it one of the top trending altcoins this quarter. This Notcoin (NOT) surge is driven by its unique model, which incentivizes user participation and engagement. The recent price rise reflects growing confidence in the token’s potential. As Notcoin continues to gain momentum, it remains a promising investment opportunity in the evolving crypto market, drawing attention with its innovative approach and strong community support. BlockDAG: A Top Bullish Crypto with Innovative Keynote and Dashboard Update BlockDAG has made significant strides with its recent second keynote, presented from the moon. The keynote addressed the launch of the X1 App, updates on the blockchain, and introduced the all-human Team DOX. Notable achievements include the mainnet launch and ecosystem expansion, recognized by Forbes and Bloomberg. The keynote also highlighted BlockDAG’s Low Code/No Code ecosystem, enhancing development efficiency and user engagement. Following the keynote, BlockDAG unveiled a new dashboard update, boosting transparency and community interaction. The updated dashboard features hot news, user rankings, wallet balance, and leaderboard previews. The transactions section shows purchase history and live transactions, supporting multiple currencies like Ethereum, BNB, and USDT. This comprehensive update strengthens BlockDAG’s position as a top bullish crypto. BlockDAG’s presale has surged past $42.3 million, with projections of raising $5 million per day. The presale’s success, coupled with innovative technology and strong community support, makes BlockDAG a promising investment. With its advanced features and strategic developments, BlockDAG is set to revolutionize the blockchain space. Key Insights While Avalanche (AVAX) Price and Notcoin (NOT) Surge offer unique opportunities, BlockDAG stands out with its innovative technology, strong presale performance, and promising growth. The second keynote highlighted BlockDAG’s Low Code/No Code ecosystem and recent dashboard upgrade, boosting transparency and user engagement. BlockDAG has raised over $42.3 million in its crypto presale and aims to raise $5 million daily. Its compatibility with Ethereum and innovative mining solutions further enhance its appeal. With these advancements, BlockDAG is positioned as a top bullish crypto, making it a compelling choice for investors seeking robust returns and cutting-edge technology. Join BlockDAG Presale Now: Website: https://blockdag.network Presale: https://purchase.blockdag.network Telegram: https://t.me/blockDAGnetworkOfficial Discord: https://discord.gg/Q7BxghMVyu

The post Top Bullish Crypto: Avalanche (AVAX) Price and Notcoin (NOT) Surge is Past, BlockDAG Steals the Spotlight with Moon Themed Keynote appeared first on Blockonomi.

Flush Casino launched in 2021 as a new crypto-focused online casino, and has quickly established itself as a top destination for players looking to wager with digital currencies. Fully licensed and regulated under the jurisdiction of Curacao, Flush Casino offers a modern, feature-rich experience for both new and veteran gamblers alike.

Flush Casino clearly sets its sights high intending to disrupt expectations of what an internet casino can deliver. But does reality align with the lofty vision?

In our full review, we rigorously assess every key area – bonuses, games variety spanning slots, tables, live dealers and more along with crypto transaction ease, security, mobile play access and extra perks distinguishing Flush Casino as an emerging industry leader.

As always, we signup and test casinos with real money deposits to make a full & fair assessment.

Read on for the complete breakdown…

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If you use our link to signup you will get: 150% Bonus on Your First Deposits

Quick Verdict: Flush Casino is a top-tier crypto-only online casino featuring over 5,500 games, lucrative welcome bonuses up to $1,000, and instant payouts across 9 popular cryptocurrencies.

Quick Facts

Category Information Established 2021 License Curacao Games Over 5,500 from 35+ providers Software Providers Evolution, NetEnt, Betsoft, Pragmatic Play, and more Bonuses Two-tier welcome bonus up to $1,000 Crypto Supported BTC, ETH, LTC, USDT and more Withdrawal Times Instant Mobile Compatible Yes Customer Support 24/7 live chat and email

Flush Casino Games

When Flush Casino says it offers over 5,500 casino games, it’s not an exaggeration. The sheer depth and variety of the games library is staggering for an online casino, spanning all major categories and featuring top-tier software providers. Players can easily spend hours exploring the different game types and finding new favorites.

Slots

With close to 4,000 slot games, this category dominates at Flush Casino. Find all your classic 3-reel and 5-reel slots along latest video slot releases. Popular titles like Starburst, Gonzo’s Quest, Book of Dead or Wolf Gold are present, along with uniquely themed games covering holidays, magic, fantasy, ancient mythology, vampires, gods, comic books and more. You’re certain to uncover gems you’ve never seen on other casino sites.

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The slots selection truly shines when digging deeper though. Niche favorites like bingo slots, megaways slots with 100,000+ paylines, three dimensional slots featuring glasses-free 3D graphics, and more are in ample supply. The site also separates slots nicely into useful categories, allowing you to filter by features like locked wilds, tumbling wins, cluster pays, and other innovative slot mechanics that change how the games work.

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Beyond mainstream slots, table games and live dealer, Flush Casino serves up specialty game options galore in their dedicated Specialty category. Games here don’t easily fit under standard labels but provide plenty of fun with titles frequently not found at competing casinos.

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For the live casino experience that offers real time engagement, players head over to the Live Dealer zone. This area hosts professional human dealers in real casinos dealing out hands of blackjack, poker and roulette as well as operating the iconic Money Wheel. Streams are crystal clear high-definition enjoying vibrant graphics and smooth performance even on mobile.

The games connect players virtually in real time with the action as cards are shuffled, dice are thrown and that silver ball bounces across the iconic spinning roulette wheel. Choose single player games or multiplayer tables to chat it up with fellow players as the cards are revealed. With abundant betting options, players control the action with the dealer reacting accordingly for an authentic casino vibe.

Live Casino

Other Products

While the 5,500+ casino games understandably take center stage at Flush Casino, the site offers some unique products separate from the core gaming library to add extra entertainment value.

Flush Races

Flush Races offers a fresh take on slot machine play that provides an exciting competitive element on top of winning cash prizes. Players enter specific slot machine races with up to 99 other competitors on titles like Gates of Olympus, Sweet Bonanza and Money Train 2.

Flush Races

Races have buy-ins from $1 to $100 and the goal is to score the most wins on your spins over a set time limit between 5 and 15 minutes. Beyond bragging rights for topping the leaderboard, real money prizes are awarded too, with payouts escalating for higher placements.

This formats adds pressure though, with no second chances if you bust quickly. Strategic bankroll management and smart betting is key. Will you play it slow and steady or barrage the reels rapidly with big bets hoping for quick wins? With placement prizes ranging from 20x to 3x your buy-in, the rewards for racing skills can stack up quick.

It’s fast-paced, social in chatting with opponents, and lets players show off slot prowess under the spotlight. Flush Races ultimately offers a unique, gamified take on traditional slot play.

Welcome Bonuses

Rather than offer a single low-value first deposit bonus like some sites, Flush Casino demonstrates their appreciation for new sign-ups with not just one but two generous welcome packages based on deposit amount.

Upon finishing swift no-hassle registration, make an initial buy-in starting at just $10 to trigger these new player rewards automatically.

Flush Casino responds by matching a percentage of your deposit amount and crediting it as bonus funds to substantially amplify your starting bankroll. No need to worry about bonus codes either – eligible deposits are recognized and rewards added seamlessly.

Welcome Bonus

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100% Match Up To $200
Depositing any amount between $10 minimum up to $200 maximum earns new players a full 100% match. So a $100 first deposit means $100 extra awarded as playable bonus credit.

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Of course legitimate bonus terms and conditions apply including capped bet sizes and a 30x playthrough requirement on 100% match sums or slightly higher 35x on 150% amounts before withdrawing.

However over normal play sessions, unlocking and fully utilizing these combined potential $1,000 free funds remains realistic considering Flush Casino houses over 5,500 wonderfully diverse games spanning all major categories.

How To Sign Up At Flush Casino

Getting started at Flush Casino is a speedy process taking just a couple minutes from first visiting their site to making an opening deposit that triggers welcome bonuses. Just follow these steps:

Access Flush Casino Site & Click “Sign Up”
First visit flushcasino.com site and click the bright blue “Sign Up” button in the header. This opens the registration form.

Enter Your Email, Set Password, Username
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And that’s it – within a couple minutes you’ll be exploring 5,500+ awesome casino games with extra funds gifted through Flush Casino’s player-friendly welcome packages!

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Regular Promotions and Loyalty Program

While the lucrative welcome bonuses capture the headlines for new players, Flush Casino incorporates ongoing long-term promotions and their VIP Club loyalty program for existing patrons as well to perpetuate rewards over the life of your gameplay.

Limited-Time Promos

The site frequently runs exciting limited-time promotions supplemental to the VIP program perks for a little extra fun and profit potential. These range from free spins giveaways where slot play gifts additional no-cost spins to reload deposit matches amplifying qualified buy-ins during designated promo time windows.

Tournaments and races add another engaging layer too where players compete individually or collectively against others for bragging rights and shared prize pools during set entry rounds. The most engaging though may be the “gamified” tournaments like Flush Races where your slot and table game prowess is put to the test across various challenges for lucrative rewards doled by final rank.

VIP Program

Flush Casino’s industry-leading 10 tier VIP program incents loyal players to keep coming back thanks to escalating cash bonuses, free spins gifts, comp point multipliers, and other elite perks reserved for the site’s biggest entertainers. As real money play accumulates, so do tier point milestones unlocking VIP status levels bestowing juicier incentives.

Cash rebates start right from the intro Plankton status at 5% of all non-winning wagers returned as complimentary site credit to blunt losses and keep players in the game longer. Also expect luxury physical prizes like 5-star vacation packages, gifts cards, electronics and sponsored travel/events hosting for reaching the utmost VIP tiers for real high-roller treatment.

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Regular Promotions

Payment Methods

As a dedicated crypto gambling platform, Flush Casino’s entire cashier system revolves exclusively around fast, secure digital currency deposits and withdrawals. Players must transact using one of 9 major supported cryptocurrencies:

Deposit Options:

Bitcoin (BTC)

Ethereum (ETH)

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Binance Coin (BNB)

Polygon (MATIC)

USD Coin (USDC)

Dai (DAI)

While existing crypto holders can directly transfer coins in to play, Flush Casino notably enables direct fiat currency conversions to obtain these cryptocurrencies instantly if you don’t already hold them. Select the desired coin within the cashier, then choose a payment method – Visa, Mastercard, Google Pay, or Apple Pay to complete the purchase.

Withdrawal Options:

When ready to cash out wins, players must use the same 9 cryptocurrency options. Thankfully withdrawal times are ultra-fast with all crypto payouts processed instantly upon requests. This avoids the multi-day delays plaguing many competing online casinos.

So while restrictive to only crypto transactions, Flush Casino makes funding accounts and receiving cashouts much smoother for beginners by integrating quick fiat-to-crypto conversions eliminating external exchange sites just to play in coins initially.

Is Flush Casino Legit?

Flush Casino is officially licensed and regulated under master license holder King of Clubz B.V. in Curacao, one of the longest standing online gaming jurisdictions with stringent compliance standards. This demands meeting comprehensive operational criteria assuring security, identity checks, auditing procedures and responsible gaming policies are enacted properly to authorized levels.

Robust Encryption Safeguards Player Data

The site implements industry consensus security protocols encrypting all connections through advanced SSL technology, ensuring optimal privacy. Financial transactions and personal player data remain shielded from potential threats. This, along with enabling exclusively cryptocurrency transactions already armed with blockchain protections, provides immense security advantages versus traditional payment forms & casinos.

Vetted Game Studios + Provably Fair RNG Testing

Flush Casino incorporates games predominantly from reputable studios like NetEnt, Evolution and Betsoft with long track records crafting legit games built on properly randomized outcomes. Additionally, the casino indicates certain game providers implement provably fair testing granting players transparency by verifying game integrity on the blockchain. This removes possibility of tampering with results.

The expansive information security measures, stringent license compliance with a respected governing body, and emphasis on verified provably fair games cement Flush Casino as a fully legitimate, seriously dedicated crypto casino you can trust unconditionally.

Is Flush Casino Safe to Use?

With any real-money online casino, it’s reasonable for players to question if entrusting their funds and data to that operator remains secure and free of risk. In Flush Casino’s case, examining several key safety components reveals an undisputed dedication to integrity and cutting-edge protections ensuring customers can play freely without concern:

Licensed and Regulated Operation

King of Clubz B.V. owns Flush Casino under an officially approved gaming license in Curacao, one of the longest-tenured iGaming regulatory bodies with strict standards all permit holders must satisfy related to IT security, game RNG testing, player identity checks, operational procedures and responsible gambling measures. Maintaining this license mandates adhering to levels meeting or exceeding industry best practices.

Robust SSL Encryption

The Flush Casino website and all internal systems are fortified with strong SSL encryption throughout, a requirement of its licensing. This shields sensitive user information like financial transactions and personal data from potential snooping by malicious actors during transfers. As standard among all reputable online casinos, data flows through safely guarded channels only visible by the player and operator.

Blockchain Backed Banking

By transacting strictly via cryptocurrencies like Bitcoin, Ethereum and major altcoins, Flush Casino adds another formidable security layer thanks to the innate blockchain protections safeguarding crypto payments. Distributed ledger technology makes crypto transfers highly anonymous while encryption, decentralization and immutable transaction recording offer unmatched security and transparency strengths compared to traditional fiat payments.

Reputable Game Studios + Provable Fairness

The majority of Flush Casino’s 5,500+ game library is supplied by established respected studios like NetEnt, Evolution and Betsoft who pioneered legitimacy in iGaming software through certified RNG-powered products tested extensively to ensure properly randomized outcomes. For further player reassurance, Flush additionally indicates certain game providers implement provably fair testing, enabling customers to independently verify game integrity via blockchain – the pinnacle of transparency for results not tampered maliciously.

Given Flush Casino’s admirable dedication across licensing, security, blockchain infrastructure and game fairness visibility, players can confidently enjoy the casino as a genuinely trusted industry leader.

Design & Usability

Upon visiting Flush Casino’s website for the first time, the modern aesthetic immediately resonates with clean lines, vibrant colors and sharp graphics to draw your gaze front and center toward the sign-up prompt flanked by a preview of their vast games catalog. The visual approach balances sleek style with intuitive navigation functionality.

Site Layout and Mobile Optimization

The layout utilizes a straightforward template we’ve come to expect of contemporary online casinos with very familiar elements – featured games carousel up top, main menu links covering all core areas down the left rail, while center stage spotlights latest promotions before flowing into the expansive games library front and center.

The site capably condenses nicely when accessing through mobile devices without cluttering. No designated app exists but the mobile web experience retains full functionality.

Flush Homepage

Intuitive Navigation Minimizing Clicks

Site architecture overall sticks to essentials rather than superfluous features contributing to a clean design minimizing clicks reaching key areas. The main menu links access essential account, cashier, promotions and help sections while handy search functionality permits discovering specific games or filtering by provider.

My only gripe lies with the game categories meriting more filtering and sorting, although base game types like slots and live dealer have their own areas.

Relationally, site speed tests well above average for the industry across multiple connection types, an essential benchmark affirming lag-free performance accommodating resource demanding live games without buffering on either desktop or mobile.

So while scope exists improving game organization, Flush Casino’s strong web development and focus on device agnostic access keeping navigation tightly honed earns high marks for usability and user experience from login to bet placement.

Members Area

Upon completing a fast and seamless registration at Flush Casino, players gain access to their dedicated account section containing vital tools for managing gameplay and bonuses. Familiarizing yourself with the key pages inside the members area helps better optimize recurring casino sessions.

Account Dashboard Landing Page

The main account page serves as your overview hub providing at-a-glance glimpse of active bonuses with remaining wager targets and expiration countdowns, records of recent financial transactions, shortcut navigation to key site sectors like live support plus handy personal details editing. You’ll likely frequent this section most following play sessions.

VIP Club

Promotions Centre

Flush Casino’s dedicated Bonuses page catalogs available and expired offers ranging from the lucrative welcome packages to limited time promos like free spin allocations, slot tournaments or weekly cash rebates for easy reference any point. Be sure checking here first when seeking extra incentives.

VIP Club Status and Progression

As real money wagers accumulate, expect to unlock escalating VIP program perks visible on the Levels page showing where you currently rank and milestones hit. Rising VIP status gifts juicier rewards like boosted comp points, birthday freebies and luxury physical prizes for truly dedicated players.

Bet & Game Histories

For players desiring transparency into past betting activity and outcomes, convenient searchable logs provide filtered game and transaction records outlining details like dates, wager specifics, result summary and net profit/loss across custom date ranges. This aids managing a gambling budget responsibly.

Between the diverse array of account tools assisting with vital casino functions, Flush Casino’s member area earns high utility marks thanks to accessibility maximizing each existing player’s experience over the long run.

Flush Casino Mobile Experience

Flush Casino makes enjoying thousands of top-tier casino games on your mobile device a breeze. Thanks to their technology, you can play your favorites no matter where you are with no app to download.

Total Mobile Compatibility

Whether you have an iPhone, Android, tablet or other mobile device, Flush Casino’s website works flawlessly. Their platform automatically resizes and configures for any size screen with crisp, fast performance across cellular data or WiFi.

5,500+ Games At Your Fingertips

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Ease of Use

Flush Casino makes getting started and playing games a breeze even if you’re brand new to online casinos. Everything is set up in familiar ways that most anybody can pick up quick.

Clean and Simple Design

Right when you reach the Flush Casino homepage, your eyes get drawn to the bright colorful buttons encouraging you to sign up or check out their latest deals. Once signed in, you’ll see all the main menu links nicely lined up on the left side making getting anywhere just a click away.

Game Search Makes it Easy

With over 5,000 games to play at Flush Casino finding your favorite could seem overwhelming. But their smart search tool makes locating any game super simple. Just type in a game name and instant results pop up right on top. Give it a try – the casino probably has it!

Customer Support

Flush Casino makes getting help easy with their great customer service. Agents are quick to respond, know the casino in-depth, and are available to players around the clock.

Live chat support pops up right on the website. Wait times are usually less than 5 minutes to connect with an agent during peak times. Email turnaround is fast too at 15-30 minutes typically. Much faster than many other online casinos.

Live Chat

The agents really know their stuff as well. If you have any questions about bonuses, games, deposits and more, they have you covered. They don’t just copy and paste responses either. The agents listen to your specific issue and give answers tailored to you. This personal touch is appreciated.

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Between quick response times, knowledgeable agents and constant availability, Flush Casino player support is as helpful and reliable as you’ll find in online gambling. Reaching someone to get your problems solved promptly makes casino entertainment more enjoyable.

Conclusion

Flush Casino is an outstanding online gambling destination that excels across the board. With over 5,500 games from top-tier providers, massive variety engages all player types whether seeking classic slots and tables or unique specialty games.

Generous welcome bonuses followed by ongoing promotional value and an industry-leading 10-tier VIP program perpetuate rewards long-term.

Strict licensing ensures credible operations while cutting-edge encryption protocols and exclusive cryptocurrency banking add formidable security advantages shielding player data and funds.

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Visit Flush Casino

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FAQs

Q: Does Flush Casino have a no deposit bonus?

A: Unfortunately Flush Casino currently does not offer any no deposit bonuses. However, new players can qualify for a lucrative 2-tiered welcome bonus up to $1,000 with deposit.

Q: What crypto can I use at Flush Casino?

A: Flush supports 9 major cryptocurrencies: Bitcoin, Ethereum, Litecoin, Tether, Dogecoin, BNB, Polygon, USD Coin, and Dai. Players can also purchase supported crypto directly on-site using cards or Apple/Google Pay.

Q: Is there a Flush Casino free spin bonus?

A: While Flush Casino doesn’t have a dedicated free spins welcome bonus, free spins are often included as part of temporary promotions. Additionally, accumulating loyalty points to reach new VIP levels grants free spin gifts.

Q: Does Flush Casino accept traditional payment options?

A: No, Flush Casino is a crypto-exclusive gambling site, so only the 9 supported cryptocurrencies can be used for deposits and withdrawals. However, buying crypto with Visa/Mastercard is allowed on-site.

Q: How do I withdraw money from Flush Casino?

A: Making withdrawals is easy. Just navigate to the Cashier within your account, select your preferred cryptocurrency from the list of 9 supported, enter the withdrawal amount, and confirm the transaction. Withdrawals are processed and delivered instantly.

Q: Is Flush Casino available worldwide?

A: Flush Casino accepts players internationally except for a handful of restricted countries. Restricted areas currently include the USA, UK, Spain, Netherlands, Germany, Austria, Australia, and France.

The post Flush Casino Review: Crypto Casino With 150% Welcome Bonus appeared first on Blockonomi.

A top analyst has drawn compelling parallels between the current progress of Option2Trade (O2T) and Cardano (ADA) in 2017. These similarities suggest that Option2Trade (O2T) could be on the path to significant growth and success, much like Cardano (ADA)’s impressive rise in the crypto market.

Cardano’s 2017 Journey: A Case Study

In 2017, Cardano (ADA) emerged as a groundbreaking blockchain project with a unique approach focused on academic rigor and technological innovation. Its meticulous development process and robust community support led to substantial market gains. Cardano (ADA)’s emphasis on scientific philosophy and peer-reviewed research set it apart from other blockchain projects, paving the way for its success.

Option2Trade (O2T)’s Current Trajectory

Option2Trade (O2T) is showing similar signs of progress to Cardano (ADA)’s early days. With its cutting-edge A.I. technology and strategic growth plans, Option2Trade (O2T) is gaining traction in the crypto market. The token’s recent performance, coupled with growing market interest, mirrors Cardano (ADA)’s initial momentum, indicating the potential for significant growth.

Key Factors Driving O2T’s Progress

Several factors are contributing to Option2Trade (O2T)’s current trajectory, aligning it with Cardano (ADA)’s 2017 journey:

Technological Innovation: Option2Trade (O2T)’s integration of advanced A.I. technology is a major driver of its market appeal. The token’s innovative approach to utilizing artificial intelligence for optimizing trading and investment strategies sets it apart from other altcoins.

Strategic Listings: Recent listings on major exchanges have significantly boosted Option2Trade’s (O2T) visibility and trading volume. These strategic moves are enhancing the token’s market presence, similar to how Cardano (ADA)’s early exchange listings propelled its growth.

Community Support: Growing investor interest and active community engagement are fueling Option2Trade’s (O2T) momentum. The support from a dedicated and enthusiastic community is a crucial element that O2T shares with Cardano (ADA)’s early development phase.

Expert Insights: Predicting O2T’s Future

Crypto analysts are optimistic about Option2Trade’s (O2T) future, drawing on the parallels with Cardano (ADA)’s past. The expert predicts that Option2Trade (O2T)’s continued focus on technological innovation and strategic growth will drive further gains. The similarities with Cardano (ADA)’s 2017 journey suggest that O2T could achieve similar success, making it a token to watch closely in the coming months.

Positioning for Growth

Investors are keenly observing the similarities between Option2Trade (O2T) and Cardano (ADA), positioning themselves to capitalize on O2T’s potential growth. Strategic investments in Option2Trade (O2T) are seen as a way to benefit from the anticipated market impact. By recognizing the patterns and progress that mirror Cardano (ADA)’s early days, investors are betting on O2T’s ability to replicate such success.

A Promising Path Ahead for O2T

The parallels between Option2Trade and Cardano (ADA) in 2017 are striking and suggest a promising path ahead for O2T. With its innovative A.I. technology, strategic exchange listings, and growing community support, Option2Trade (O2T) is poised for significant growth. Investors and analysts alike are optimistic about the token’s future, anticipating that Option2Trade (O2T) could follow in Cardano (ADA)’s footsteps to become a major player in the crypto market. As the market evolves, keeping an eye on O2T could prove to be a wise investment decision.

For more information on the Option2Trade (O2T) Presale: 

Use promo code O2TLaunch to get 15% bonus

Visit Option2Trade (O2T)

Join and become a community member: 

https://t.me/O2TOfficial 

https://twitter.com/Option2Trade (O2T)

The post Top Analyst Explains Why Option2Trade Shows Similar Progress Signs As Cardano In 2017 appeared first on Blockonomi.

Singapore, SIngapore, June 6th, 2024, Chainwire

Dora Factory, the pioneering infrastructure of decentralized governance technology and public good funding, announces the gas fee airdrop of its native token, $DORA, to all ATOM stakers on June 5, 2024. Over one million addresses are eligible to receive $DORA token, with the airdrop campaign inviting the Cosmos community to participate in the governance of its democratic public goods funding program, the ATOM Economic Zone Quadratic Funding, on DoraHacks.io. With 1.04 million addresses whitelisted, the privacy voting round implemented by the Dora team will be the largest MACI (Minimum Anti Collusion Infrastructure) voting round ever.  

1.04 million ATOM stakers are eligible for the airdrop

On June 5, all ATOM stakers have received $DORA tokens in their wallets. $DORA is the native token of Dora Vota, a decentralized governance application chain developed by the Dora Factory using the Cosmos SDK. 

This airdrop is one of the largest in history. With over one million addresses, Dora Factory aims to mobilize the Cosmos community, known for its passion for decentralized governance, to participate in a crucial public goods governance experiment for the community.

Empowering Community with AEZ Funding and MACI Voting

After receiving the airdrop, Cosmos communities can participate in the ATOM Economic Zone (AEZ) quadratic funding initiative jointly launched by DoraHacks, Dora Factory, and ATOM Accelerator DAO. They can use ATOM to vote for and donate to public goods teams they value, support early-stage developers, and determine the distribution of an 80,000 ATOM and $200,000 USDC matching pool across 10 rounds of AEZ Quadratic Funding and MACI voting. The smart contracts for this quadratic voting round are deployed on the Dora Vota network, and the community can use $DORA to cover gas fees.

This campaign goes beyond merely distributing the reward pool to early-stage projects and essential public goods in AEZ in the first round; it is a democratic governance experiment designed to mobilize community power in supporting public goods and promising early-stage developers. The quadratic funding mechanism ensures that even small donations from community members have a substantial impact. 

MACI Voting With Enshrined Privacy

Dora Factory invites community members to participate in MACI (Minimal Anti-Collusion Infrastructure) privacy voting, distributing a $20,000 USDC prize pool to selected teams. Unlike traditional quadratic voting, this method allows voters to express their opinions on public goods without revealing their identity (address). Addresses with more ATOM staked will receive more Voice Credits (voting power). 

Through MACI voting, Dora Factory aims to introduce cutting-edge privacy-enabled voting technology to the Cosmos community. This initiative marks the beginning of integrating secure, private, and anti-collusion technologies into a wider range of governance use cases in the future.

Dora Factory’s Dedication

To ensure every community member can participate in MACI voting without concerns, Dora Factory will implement Dora Vota’s native Gas Station feature to cover all voting fees for the MACI voting round. This fee subsidy represents Dora Factory’s commitment to the community outlined in Cosmos Governance Proposal 917.

A Historical Community Governance Ceremony

With the quadratic funding module now natively implemented on Dora Vota for the Cosmos Hub, Cosmos has the potential to become one of the largest on-chain communities that supports public goods. The first round of the two-year quadratic funding plan for the ATOM Economic Zone commencing in June 2024 has attracted numerous outstanding projects and awaits the attention and support of community members. 

The Largest Privacy-Preserving Governance Experiment

MACI implementation is a groundbreaking step for the Cosmos community, as its first privacy voting attempt. Dora Factory has whitelisted over 1 million addresses, setting a new record for the largest whitelist, and marking the largest voting experiment in MACI’s history. The Dora Factory team is excited to invite the Cosmos community to create a historic moment collectively.

About Dora Factory

Dora Factory is at the forefront of decentralized governance protocol stacks, providing governance and long-term incentives for the global hacker movement, open-source communities, and decentralized organizations through Public Good Staking and Dora Vota. The platform has pioneered the development of public good staking infrastructure, revolutionizing the way developers are funded long-term in the PoS ecosystem. Additionally, Dora Vota offers a comprehensive decentralized governance platform, enabling users to create programmable governance mechanisms such as MACI and quadratic voting through its open platform. This reduces the cost of decentralized governance, laying a solid foundation for its widespread adoption.

To better understand and try the products of Dora Factory, users can visit DoraFactory.org.

Users can visit Dora Research Blog for more details: research.dorahacks.io

Contact

Contributor
Chris Lee
Dora Factory
winniedrinkwater@gmail.com

The post Dora Factory Announces Historic $DORA Airdrop to Over 1 Million ATOM Stakers in Largest MACI Voting Round Ever appeared first on Blockonomi.

TLDR

Jim Cramer asked SEC Chair Gary Gensler about the possibility of ETFs for various cryptocurrencies, including BONK, based on their trading volumes.

Gensler expressed concerns about the lack of disclosure and regulation in the crypto market, suggesting that ETFs for these tokens are unlikely until proper oversight is in place.

The SEC Chair highlighted issues with crypto exchanges, comparing their practices to those that would not be allowed on traditional stock exchanges.

Gensler’s response suggests that with proper regulation, a wider range of cryptocurrency ETFs might be possible in the future.

Despite Cramer’s enthusiasm, the SEC remains cautious about approving ETFs for lesser-known cryptocurrencies, with Bitcoin being the primary focus for now.

In a recent interview on CNBC’s “Mad Money,” host Jim Cramer grilled SEC Chair Gary Gensler on the possibility of introducing exchange-traded funds (ETFs) for various cryptocurrencies, including the Solana-based memecoin BONK. Cramer’s line of questioning was based on the premise that if a cryptocurrency has a significant trading volume, it should be eligible for an ETF.

Cramer rattled off a list of tokens, such as Polkadot, Cardano, Cosmos, Immutable, Ronin, Bonk, Osmosis, SushiSwap, and My Neighbor Alice, all of which he claimed had traded millions of dollars on the morning of the interview.

He then asked Gensler whether there should be ETFs for these cryptocurrencies, singling out BONK and Osmosis as potential candidates.

Gensler’s response was, as usual, less than enthusiastic.

The SEC Chair sidestepped the question and instead focused on the broader issues plaguing the crypto market. Gensler pointed out that many of these tokens have not provided investors with the necessary disclosures required by law to make informed investment decisions.

The year is 2024

Jim Cramer is asking Gary Gensler if we should have a BONK ETF on CNBC

this is real life pic.twitter.com/5zyCzDZwAq

— gaut (@0xgaut) June 5, 2024

Gensler expressed concerns about the practices of crypto exchanges, stating that they engage in activities that would never be allowed on traditional stock exchanges like the New York Stock Exchange. He emphasized the need for proper regulation to protect against fraud and manipulation.

While Gensler’s response may seem discouraging for those genuinely hoping for a BONK ETF, it does suggest that with adequate regulation, a wider range of cryptocurrency ETFs could be possible in the future, starting with ETH next.

However, the SEC Chair’s comments make it clear that the crypto market has a long way to go before it can be considered on par with traditional financial markets in terms of transparency and oversight.

The post Wen BONK ETF? Gary Gensler Responds to Jim Cramer’s Call for BONK ETF appeared first on Blockonomi.

TLDR

The Bank of Canada (BoC) cut its benchmark interest rate by 25 basis points to 4.75%, becoming the first G7 nation to ease monetary policy.

The BoC’s decision suggests that other central banks might soon follow suit in relaxing their fight against inflation.

After the news broke, Bitcoin’s price rose 1.5% to $71,600, its highest since March, before settling around $70,930.

Canada’s annual Consumer Price Index (CPI) inflation has cooled from 8.1% in June 2022 to 2.7% in April 2024, although it remains above the BoC’s 2% target.

The European Central Bank (ECB) is expected to cut its main refinancing rate by 25 basis points to 4.25% at its next meeting, while the U.S. Federal Reserve may keep rates “higher for longer” due to stickier inflation.

The Bank of Canada (BoC) has become the first G7 nation to cut interest rates, a pivotal move that could signal a shift in global monetary policy.

On Wednesday, the BoC trimmed its key policy rate by 25 basis points, bringing it down to 4.75% from 5%. This decision marks the first rate cut in four years and is expected to ease pressure on highly indebted consumers in Canada.

The news of the BoC’s rate cut had an immediate impact on the cryptocurrency market, with Bitcoin’s price rising 1.5% to $71,600, its highest level since March.

Although the price has since settled to around $70,930, the move suggests that risk assets like Bitcoin could benefit from cheaper borrowing costs and an increased fiat money supply.

BoC Governor Tiff Macklem expressed confidence in the country’s progress against inflation, stating that the central bank does not want monetary policy to be more restrictive than necessary.

Canada’s annual Consumer Price Index (CPI) inflation has cooled significantly, dropping from 8.1% in June 2022 to 2.7% in April 2024. However, inflation remains above the BoC’s 2% target.

The BoC’s decision to cut rates makes Canada the first G7 country to begin relaxing its fight against inflation, which has been a global issue since the COVID-19 pandemic.

This move could pave the way for other central banks to follow suit.

The European Central Bank (ECB) is widely expected to cut its main refinancing rate by 25 basis points to 4.25% at its upcoming meeting, while Switzerland’s central bank and Sweden’s Riksbank have already implemented rate cuts.

In contrast, the United States may take a different approach due to stickier inflation. The U.S. Federal Reserve is expected to keep rates “higher for longer,” with the market believing that rates will remain flat at its June meeting. However, a 25 basis point cut by September is viewed as the most likely outcome.

The post Bank of Canada Cuts Interest Rates: First G7 Nation to Ease Monetary Policy appeared first on Blockonomi.

TLDR

Stand with Crypto Alliance PAC, launched by Coinbase in 2023, has gained over 1 million advocates

The PAC focuses on the passage of the “Financial Innovation and Technology for the 21st Century Act” (FIT21), which aims to develop a regulatory framework for cryptocurrencies and digital assets in the U.S.

The crypto industry has become a significant political issue, with pressure from the community and industry influencing the 2024 presidential election

Former President Trump has recently expressed support for the growth of the crypto industry, marking a shift in his previous stance

Stand with Crypto has targeted voters in swing states, with nearly 24,000 members in Georgia and over 16,000 in Arizona

The Stand with Crypto Alliance political action committee (PAC), launched by Coinbase in 2023, has recently announced that over 1 million Americans have signed on as advocates to make their voices heard in Washington, D.C.

The pro-crypto PAC claims that 52 million Americans hold some form of cryptocurrency, and 87% of those surveyed believe the current financial system needs an overhaul.

The rapid growth of the Stand with Crypto PAC highlights the increasing importance of cryptocurrency and blockchain technology in the political landscape. The organization has gathered millions in donations and aims to mobilize U.S. crypto enthusiasts toward political outcomes that favor the technology.

ONE MILLION STAND WITH CRYPTO

Today, we are proud to share that the Stand With Crypto movement has reached 1M sign-ups! This is an achievement for all of us to celebrate, and it was made possible by every single advocate who raised their voice to engage in the political process.… pic.twitter.com/GXoxKMTmpB

— Stand With Crypto????️ (@standwithcrypto) June 5, 2024

A core focus of the Stand with Crypto PAC is the passage of the “Financial Innovation and Technology for the 21st Century Act” (FIT21).

This bill, which would initiate the development of a robust regulatory framework for cryptocurrencies and digital assets in the United States, has already passed in the House of Representatives with bipartisan support.

However, it still needs to pass in the Democrat-controlled Senate, where some of crypto’s most vocal critics hold seats.

The cryptocurrency industry’s influence on politics has grown significantly, with the 2024 presidential election and beyond being shaped by the issue.

Former President Trump’s recent support for cryptocurrencies and blockchain innovation in America shows that the topic has evolved from a niche interest to one of national attention.

This shift in attitude is in contrast to Trump’s previous positions against Bitcoin and cryptocurrencies, potentially reflecting a broader reversal of government attitudes toward digital assets in the United States.

Stand with Crypto has targeted voters in swing states, with nearly 24,000 members in Georgia and over 16,000 in Arizona.

The organization’s chief strategist, Nick Carr, stated that the one million advocates from across state and political lines are sending a clear message to Washington, emphasizing that crypto is a frontline issue.

Coinbase CEO Brian Armstrong, one of the group’s leading donors, expressed his satisfaction with the rapid growth of Stand with Crypto, noting that with five months until the general election, crypto voters are not slowing down their efforts.

The post Stand With Crypto PAC Surpasses 1 Million Advocates in Push for Crypto Regulation appeared first on Blockonomi.

TLDR

Coinbase launches a smart wallet that offers a more user-friendly experience, eliminating the need for recovery phrases and separate wallet app installs

The smart wallet allows for gasless transactions through paymaster integrations, where developers can sponsor user transactions

Users can create a wallet using Face ID, Google Chrome profile, fingerprint, or Yubikey, and can use their Coinbase account balances or self-custodial wallet balance for transactions

The smart wallet supports eight networks, including Base, Ethereum, Optimism, Arbitrum, Polygon, Avalanche, BNB, and Zora, with plans to add more

Coinbase aims to onboard 1 billion users on-chain with the smart wallet, as part of its mission to make crypto more accessible and user-friendly

Coinbase has launched its much-anticipated smart wallet, aiming to revolutionize the user experience and onboard 1 billion users on-chain. The smart wallet addresses several pain points in the current crypto landscape, such as complex onboarding processes, network fees, and the need for recovery phrases.

The Coinbase smart wallet offers users a more streamlined and user-friendly experience, allowing them to create a secure, self-custody wallet in just a few seconds.

Users can set up their wallets using Face ID, Google Chrome profile, fingerprint, or Yubikey, eliminating the need for traditional recovery phrases. This simplified onboarding process is expected to make the transition to on-chain activities smoother than ever.

One of the most significant features of the smart wallet is its ability to facilitate gasless transactions.

Developers can integrate paymaster functionality, enabling them to sponsor user transactions and provide a gas-free experience. This feature aims to remove the barrier of network fees, which can often deter new users from engaging with crypto and decentralized applications.

With Coinbase smart wallets, onboarding is now as effortless as signing into your favorite website.

⤷ Gasless transactions
⤷ Cross-app portability
⤷ Coinbase balance support
⤷ Passkeys instead of seed phraseshttps://t.co/owx7vY5Oyx pic.twitter.com/n0S5iGjM1S

— Coinbase Wallet ????️ (@CoinbaseWallet) June 5, 2024

The smart wallet also addresses the issue of fragmented user balances across multiple wallets. Users can now seamlessly use their Coinbase account balances or self-custodial wallet balance for transactions, avoiding “insufficient balance” errors and providing a more unified experience.

At launch, the Coinbase smart wallet supports eight networks, including Base, Ethereum, Optimism, Arbitrum, Polygon, Avalanche, BNB, and Zora, with plans to add more in the future.

This multi-chain support, combined with the wallet’s ease of use, is expected to attract a wider audience to the world of crypto and decentralized finance.

Coinbase is actively encouraging developers to integrate the smart wallet into their applications, offering incentives such as gas credits and other rewards through their On-Chain Summer campaign.

The company believes that the integration process is straightforward, requiring only a few lines of code in most cases.

The launch of the Coinbase smart wallet comes at a time when the company’s layer-2 network, Base, has seen a surge in total value locked (TVL) and has emerged as the most profitable L2 network. The anticipation surrounding the smart wallet has likely contributed to this increased activity and interest in the Base ecosystem.

The post Coinbase Introduces Smart Wallet: Gasless Transactions & Multi-Chain Support appeared first on Blockonomi.

TLDR

Ethereum ecosystem’s active users have increased ninefold since 2020, with over 2.25 million daily active users in Q1 2024

VanEck analysts predict ETH could hit $22,000 by 2030, driven by growing demand and scaling solutions

Ethereum’s user numbers are part of its roadmap, with co-founder Vitalik Buterin focusing on using layer-2 networks to scale the main blockchain

VanEck analysts anticipate spot Ether ETFs will soon be approved to trade on U.S. stock exchanges, benefiting financial advisors and institutional investors

Despite lower user numbers, Ethereum still generates three times more in fees than the top layer-2 networks and Solana combined

The Ethereum ecosystem has experienced a remarkable surge in active users over the past four years, with daily active users increasing ninefold since 2020.

According to data compiled by crypto ETF issuer Bitwise, the Ethereum ecosystem, including its layer-1 mainnet and layer-2 scaling solutions such as Arbitrum, Polygon, Optimism, Base, and zkSync, had an average of over 2.25 million daily active users in the first quarter of 2024, compared to just 250,000 in Q1 2020.

This significant growth in user activity has caught the attention of analysts at VanEck, a prominent crypto ETF issuer.

In a recent blog post, VanEck’s head of digital assets research, Matthew Sigel, and his colleagues raised their price target for Ethereum, predicting that the cryptocurrency could reach $22,000 by 2030.

The analysts cited the growing demand for Ethereum and its scaling solutions, as well as the anticipated approval of spot Ether ETFs on U.S. stock exchanges, as key factors driving their bullish outlook.

We've raised our 2030 ETH price target to $22K, influenced by ether ETF news, scaling progress, and our read of onchain data. Additionally, we've analyzed how ETH and BTC perform in both traditional and crypto-only portfolios for optimal returns. @Matthew_Sigel @Patrick_Bush_VE…

— VanEck (@vaneck_us) June 5, 2024

The approval of spot Ether ETFs would allow financial advisors and institutional investors to hold Ethereum in their portfolios, benefiting from the pricing and liquidity advantages of ETFs. VanEck analysts project Ethereum’s 2030 valuation based on a forecast of $66 billion in free cash flows generated by the network and accruing to the ETH token.

While Ethereum’s user numbers have decreased as a percentage of the total ecosystem due to the migration of transactions to layer-2 networks, this development is part of Ethereum’s roadmap.

Co-founder Vitalik Buterin has been focusing on using layer-2 solutions to scale the main blockchain, arguing that they are similar to the sharding concept of the old Eth 2 plan and may help foster growth in various “subcultures” within the Ethereum ecosystem.

Despite the lower user numbers on the Ethereum mainnet, the blockchain still generates three times more in fees than the top layer-2 networks and Solana combined, a testament to its value proposition.

The post VanEck Analysts Raise Ethereum (ETH) Price Target to $22,000 appeared first on Blockonomi.

TLDR

McDonald’s Singapore launched the ‘My Happy Place’ metaverse in collaboration with Bandwagon Labs

Users can build virtual burgers, play multiplayer games, and earn rewards in the metaverse

The project will run from June 6 to July 7, and its success will determine future deployments

Web3 technologies are used to enhance security, functionality, and use cases for digital collectibles

Bandwagon Labs aims to address issues of third-party hosting and lack of tangible rewards in current metaverse experiences

McDonald’s, the global fast-food giant, has taken a step into the world of Web3 with the launch of its ‘My Happy Place’ metaverse in Singapore.

The project, a collaboration between McDonald’s Singapore and Bandwagon Labs, the metaverse division of entertainment media tech company Bandwagon, aims to provide customers with an engaging and rewarding virtual experience.

The ‘My Happy Place’ metaverse allows users to build virtual burgers, participate in multiplayer games, and earn tangible rewards, such as fries, for their participation.

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We're thrilled to launch My Happy Place, together with McDonald's Singapore! Dive into the metaverse where fun, flavor & friendship collide. Join us for interactive games, exclusive wearables, & endless joy.

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— Bandwagon Labs (@BandwagonLabs) June 6, 2024

According to Clarence Chan, the founder of Bandwagon Labs, the metaverse is designed as a creative canvas where users can express their creativity while interacting with others in real time.

McDonald’s maintains full control over its in-app metaverse, which will run from June 6 to July 7. The success of this trial period will determine the future of the project and potential further deployments.

The integration of Web3 technologies, such as wallet hosting services like MetaMask, enhances the security, functionality, and use cases for digital collectibles within the metaverse.

Chan, who has personally experienced the potential of the metaverse by getting married in a virtual environment, believes that this technology can significantly boost customer retention and fan engagement. However, he also acknowledges that current metaverse experiences often suffer from issues related to third-party hosting and a lack of tangible rewards for users.

Bandwagon Labs aims to address these challenges by providing McDonald’s with a metaverse that not only allows users to engage and play with friends but also offers tangible rewards for participation.

The post McDonald’s Singapore Introduces ‘My Happy Place’ Metaverse appeared first on Blockonomi.

Transak is a developer integration toolkit that simplifies the process of onboarding users into the world of decentralized applications (dApps). By enabling seamless fiat-to-crypto conversions directly within dApps, Transak eliminates the technical barriers and complexities associated with traditional onboarding processes.

Transak empowers dApp developers to create frictionless user experiences by handling the intricacies of KYC regulations, compliance, fiat payment methods, and crypto coverage.

With support for a wide range of fiat currencies and payment options, Transak ensures that users from diverse geographical regions can easily participate in the decentralized economy.

The Problem

Cryptocurrency is now bigger than ever before. While the total market capitalization is still under the all-time high of 2021, the ecosystem is now reaching maturity. Blockchain and cryptocurrency technologies are now available in every industry, region of the world, and possible use case.

However, mass adoption remains a major challenge, a reality that cryptocurrency companies like Transak are actively changing. With great tools and an easy to use platform for developers, the company is changing the crypto game.

Anyone who has ever used cryptocurrency is familiar with the struggle that comes with getting into it. Operations as essential as buying and selling crypto can be incredibly difficult for new users to do.

The device being used, geographic location, technical savviness, cryptocurrency of choice, etc, often limit how these operations are performed. To many new users, this first challenge will result in them choosing not to bother with crypto at all.

The complexity is paradoxical for a technology that could make finance easy for people all over the world. As such, making cryptocurrency truly accessible has become a priority for the industry over the past years, especially for companies like Transak.

Offering on/off-ramp and NFT checkout services, Transak has developed all of its products with accessibility in mind. If cryptos are going to take over the world, they have to be easy to use.

Transak Features

On-Ramp: Allows users to buy cryptocurrencies directly within dApps using fiat currencies and various payment methods.

Off-Ramp: Enables users to sell their cryptocurrencies and withdraw funds to their local fiat currency.

Transak One: Facilitates direct fiat-to-smart contract interactions, enabling users to interact with dApps without the need for prior crypto holdings.

NFT Checkout: Allows users to purchase or mint NFTs with fiat currency in a single step, simplifying the NFT acquisition process.

Wide Range of Supported Currencies: Supports a vast array of fiat currencies and cryptocurrencies, ensuring global accessibility.

Multiple Payment Options: Offers various payment methods, including credit cards, bank transfers, and local payment solutions.

KYC and Compliance: Handles the complexities of Know Your Customer (KYC) regulations and compliance requirements.

Easy Integration: Provides a simple and straightforward integration process for developers, with comprehensive documentation and support.

Customizable Widget: Offers a customizable widget that can be seamlessly integrated into dApps, ensuring a consistent brand experience.

Cross-Platform Compatibility: Supports integration across multiple platforms, including web, mobile, and desktop applications.

Secure and Reliable: Employs industry-standard security measures to ensure the safety of user funds and personal information.

Analytics and Reporting: Provides detailed analytics and reporting tools to help developers track user onboarding and transaction volumes.

Dedicated Support: Offers dedicated technical support to assist developers throughout the integration process and beyond.

Competitive Pricing: Provides competitive pricing models, allowing developers to choose the best fit for their dApp’s needs.

Continuous Innovation: Constantly improves and expands its offerings to meet the evolving needs of the decentralized application ecosystem.

Making Cryptocurrency  Accessible

Taking the complexity of cryptocurrency away is not an easy task. However, Transak has managed to do it to such a degree that it is now one of the biggest names in the industry. Thanks to it, millions of users have now accessed crypto, NFTs, and web3 without a hitch or even realizing they were doing it, just what any technology needs to become truly mainstream.

Transak was originally born to offer on/off-ramp services to the cryptocurrency ecosystem in a similar way to services like Moonpay and Banxa.

However, unlike these companies, Transak’s whole platform was designed around the idea of user-friendliness and simplicity. This meant a high transaction success rate, no technical mumbo jumbo, strong optimization, an intuitive interface, and widespread availability.

This ethos is reflected by Transak’s support of more than 170 coins, 75 blockchains, and 350 dApps, as well as user interface, customer support, and more.

Unlike many of its competitors, Transak currently operates in more than 169 countries, offering many local methods for people to easily access crypto. This vast range makes Transak the perfect choice not only for new crypto users but also for experienced users and developers.

Transak’s on/off-ramp service is available both as a standalone web platform and as an integrated solution. This means that users can acquire cryptocurrency directly from the platform or through third parties very easily. This vast support represents an unquestionable advantage and one of the keys to crypto mass adoption.

When people can get in and out of crypto with ease – they will love using them.

Unlike traditional cryptocurrency exchanges, ramps, or P2P services, operating with Transak for the first time is a breeze. The registration, KYC, and Fiat/Crypto transaction process take a matter of minutes. To developers and crypto-friendly businesses, this is a game-changer as it means that no window of opportunity is lost due to long delays.

Simple Fee Structure

Most cryptocurrency services make use of complex transaction fee structures that can be overwhelming to new and experienced users alike.

For this reason, most companies choose not to show such information to their customers, leading to hidden costs that catch users by surprise. Transak, however, is completely transparent about its fees and makes it easy for their users to understand.

Transak’s platform presents users with a clear and upfront breakdown of all applicable fees before initiating a transaction. Not only does this translate to no unpleasant surprises after the purchase but also to no wasted time for its users. While this doesn’t mean there is no complex math in the background (there is), it means all of it is simplified for the user and shown clearly.

People will like the platform, and love how inexpensive it is to use.

The other important aspect of Transak’s fees is that these depend on the payment or withdrawal method. As the platforms offer multiple options (many of them local) instead of only one, it is easy for users to find the best deal for their specific needs. All of these factors make operating with Transak as easy as operating with traditional payment methods but with the added benefits of cryptocurrency.

Leveling the Field for NFTs

While the NFT hype has cooled down over the past years, they remain incredibly popular both in and out of the crypto world. Now that the technology has matured as speculation decreased, its integration into the digital world has grown. This integration and popularity are the reason why Transak introduced NFT Checkout in late 2023.

NFT Checkout is a payment gateway specifically designed for the NFT space but offers the same benefits as Transak’s ramps. Unlike with other providers, there is no limit to how many NFTs can be bought by a user in a single transaction. This saves money and time, both essential resources when it comes to getting a must-have NFT.

In addition to this, the platform also offers users the chance to mint their own NFTs just as easily as when they buy them. With the same support for over 170 cryptocurrencies and 75 blockchains, NFT Checkout is as accessible as it gets.

Through NFT Checkout, users can buy and mint NFTs using their preferred payment method in an easy and intuitive way. The service offers 100% chargeback protection with a 5815 MCC code and 95% approval rate.

NFTs are not in a bubble any more, but they are still a great place to be. People will use them more as time goes on – which makes this feature a winner.

Conclusion

Transak is changing the way users interact with decentralized applications by providing a seamless and user-friendly fiat-to-crypto onboarding experience.

With its comprehensive suite of tools, including On-Ramp, Off-Ramp, Transak One, and NFT Checkout, Transak is empowering dApp developers to create applications that are accessible to a wider audience, regardless of their technical expertise or geographical location.

By addressing the challenges associated with KYC regulations, compliance, and fiat payment methods, Transak is breaking down the barriers to entry and enabling more people to participate in the decentralized economy.

The ability to seamlessly convert fiat currencies into cryptocurrencies directly within dApps is a game-changer, as it eliminates the need for users to navigate complex exchanges or wallet setups.

Transak’s offerings are not limited to simple onboarding solutions. With Transak One, developers can enable direct fiat-to-smart contract interactions, opening up a world of possibilities for dApps across various sectors, including DeFi, gaming, and NFTs.

The NFT Checkout feature is particularly groundbreaking, as it allows users to purchase or mint NFTs with fiat currency in just a single step, further democratizing access to this exciting new asset class.

As the adoption of decentralized technologies continues to grow, the importance of user-friendly onboarding solutions cannot be overstated. Transak is at the forefront of this movement, providing the tools and infrastructure needed to bridge the gap between traditional finance and the decentralized world.

The post Transak: Bridging the Gap Between Fiat and Crypto for Decentralized Apps appeared first on Blockonomi.

As blockchain technology evolves, the need for seamless interoperability and efficient data access has become more crucial than ever.

Enter Synternet, a groundbreaking blockchain that is set to revolutionize the way we interact with and utilize data across multiple chains. Just as the Internet connected isolated computers in the late 20th century, Synternet aims to bridge the gap between disparate blockchains, creating a unified and synchronized ecosystem that tears down the barriers of walled gardens.

At the heart of Synternet lies the Data Layer, a protocol that serves as a customizable execution layer between all major blockchains.

This innovative architecture enables developers, organizations, and users to access and execute on cross-chain data seamlessly, without the limitations imposed by centralized services.

By providing swift and secure access to both real-time and historical on-chain data, Synternet empowers the creation of truly decentralized applications that can leverage the collective power of multiple blockchains.

With over 580 million cryptocurrency global users alone, blockchain has become one of the dominant technologies of our times. The benefits of decentralization have now proven too big for giant conglomerates like IBM, Walmart, Microsoft, JP Morgan, and Alphabet to resist using the tech.

While the rapid growth of blockchain is certainly beneficial to its users, it also comes with some problems. Most blockchain networks are efficient when it comes to data storage.

To fulfill its mission of rethinking how blockchain data is accessed, the Synternet blockchain effectively operates as a blockchain oracle specifically designed to improve access to decentralized data. Whereas most blockchain oracles like Chainlink focus on providing networks access to off-chain data, Synternet is designed to operate with on-chain data.

For instance, it is estimated that the entirety of the Bitcoin network’s data requires about 570 GB of storage. While this means that all of Bitcoin’s data could be stored by the average consumer-grade computer, the issue this data represents is of an entirely different nature.

With Bitcoin and Ethereum no longer being the sole viable players in the blockchain space, data has become increasingly segmented across networks and protocols. As each of these operates as its own separate database, sometimes even segmenting themselves, data silos have started to become more common.

This is the issue that many blockchain developers, analysts, and users have to deal with when trying to create multi-chain solutions, aggregate data, or operate across multiple protocols.

Fortunately, Synternet has developed a solution to this problem by connecting isolated blockchain networks and making it easy to access multi-chain data.

What is Synternet?

Synternet is a blockchain-based platform that powers modular, interoperable data infrastructure across all major chains. It serves as a unified, synchronized evolution of decentralized networks, breaking down the barriers between isolated blockchains and enabling seamless access to and execution on any cross-chain data.

At its core, Synternet aims to be the backbone of a fully decentralized data exchange, eliminating the need for centralized services and empowering developers, organizations, and users to harness the true potential of blockchain technology.

The foundation of Synternet is the Data Layer, a protocol that acts as a customizable execution layer between all blockchains. This layer allows builders to see, interpret, and act on data from any chain, supercharging their applications and opening up a world of possibilities.

By providing swift and secure access to both real-time and historical on-chain data, Synternet enables the creation of truly decentralized applications that can leverage the collective power of multiple blockchains.

One of the key innovations of Synternet is the introduction of Autonomous Economic Agents (AEAs).

These agents empower developers to create composable, use-case-specific applications that can adapt and interact with data from various sources. AEAs unlock unprecedented opportunities for innovation, allowing developers to build applications that can seamlessly integrate with multiple blockchains and harness the power of cross-chain data.

Synternet represents a step forward in blockchain interoperability. While previous solutions have focused on asset transfers or cross-chain messaging, Synternet’s Data Layer enables instant smart contract execution on any data from any chain.

This opens up a new world of possibilities for builders, who can now create applications that leverage data from multiple blockchains in real-time, without the limitations imposed by centralized services.

Collaborative Data Infrastructure for a Truly Decentralized World

Synternet’s On-Chain Streaming Oracle allows anyone to quickly and easily access both real-time and historical on-chain data.

This data is aggregated using the network’s Data Layer, which relies on publishers, subscribers, brokers, and observers to ensure its decentralization.

Publishers are users who stream data to Synternet’s broker network, creating a market in which free competition ensures the quality of the data provided. As there is no limit to the number of “messages” a Publisher can submit, the network’s data availability is constantly growing.

The data offered by Publishers is available to Subscribers looking to use it. These users pay a fee to the Publishers for the data after reaching an on-chain agreement. As this agreement is backed by smart contracts, the network operates autonomously and trustlessly.

Once an agreement is made, Brokers deliver the information to the subscribers after doing the necessary validations. For this service, Brokers receive a part of the network fee as a reward once the Proof of Delivery (PoD) is submitted. This incentivizes Brokers to deliver the highest amount of messages in the most efficient way possible.

Observers ensure that every transaction in the network can be trusted by auditing every data stream between Publishers, Subscribers, and Brokers. They also receive part of the network fees as a reward for providing these logistical services.

It is important to note that both Brokers and Observers are required to credit Syntropy tokens before providing their services.

This ensures that no user can take advantage of the network by accessing data as a freeloader or any other way. As a result of this collaborative effort, the network is also highly scalable, stable, and secure.

NOIA Token

The Synternet network is powered by the NOIA token, which is used to power transactions, incentivize users, secure the network, and manage governance.

The token was designed with scalability, sustainability, community governance, and stable value in mind. For this reason, NOIA offers various features that include staking, delegation, slashing, proof challenging, and voting features.

With a circulating supply of over 72.9%, most of the token’s supply is already available to Synternet’s users looking to participate on the network.

A dedicated pool of tokens is also in place for the reward pool, which provides incentives for chain security and the data layer, as well as the community pool.

Synternet users can participate in the governance of the network by using the standard model of on-chain governance used by the Cosmos ecosystem. This means that proposals can be submitted by any user willing to deposit a required amount of NOIA.

While the deposit is recovered if the proposal is rejected or no quorum is met, it will be burned if the proposal is vetoed. This approach ensures all users act with the network’s best interest in mind.

The Team Behind the Data Revolution

Any blockchain project is only as strong as the team behind it, and Synternet boasts an impressive lineup of talent and experience. The company began as a tech startup in Lithuania after its co-founders joined forces to revolutionize the internet infrastructure. This mission progressively evolved until it became all about the blockchain and web3 ecosystems.

Jonas Simanavicius, Synternet’s co-founder and current Chief Technology Officer (CTO), brought valuable experience from his prior roles at major financial institutions like J.P. Morgan and the Royal Bank of Scotland.

Daniel Haudenschild, Synternet’s current CEO, is a former Ernst & Young partner who also held leadership roles in companies such as HCL-Axon, Swisscom, Sibex, and the Crypto Valley Association.

Just like Jonas and Daniel, Synternet’s core team is full of talented individuals with plenty of experience in the technology, financial services, blockchain, and data science ecosystems. They are backed by prominent investors such as CMCC Global, Faculty Group, Moonrock Capital, Wave Capital, and Polygon Ventures.

Conclusion

By powering modular, interoperable data infrastructure across all major chains, Synternet aims to revolutionize the way we interact with and utilize blockchain data.

As the blockchain landscape continues to evolve, the need for seamless interoperability and efficient data access will only become more pressing. Synternet’s modular approach to data infrastructure, coupled with its commitment to decentralization, security, and efficiency, positions it as a key player in shaping the future of decentralized applications.

The post Synternet: The Future of Interoperable Blockchain Data Infrastructure appeared first on Blockonomi.

Crypto investors are often looking for the next big win. However, choosing the most promising coins can be a challenge. Techopedia has taken on this task and identified the best crypto projects for a 100x increase in value. Learn how to find the best 100x cryptos.

What are 100x Cryptos?

100x cryptos are when a coin has the potential to increase in value up to 100 times. This means that an investment in such a cryptocurrency could theoretically lead to the original investment being multiplied by a hundredfold. The time frame of such an increase in value can vary, from short weeks to months or even years.

It is important to remember, however, that this enormous profit potential also comes with certain risks. The volatility typical of the crypto market means that prices can change quickly. There is no guarantee that a particular cryptocurrency will be successful.

Therefore, before investing in a new cryptocurrency with a 100x potential, it is crucial that you conduct extensive research, understand the project thoroughly, and apply smart risk management strategies. Always invest wisely and keep your individual financial goals in mind.

How forecasts are calculated

Calculating crypto predictions is a complex matter that takes a variety of factors into account. Experts analyze market trends, technology developments, regulatory landscapes, and the mood of the crypto community. In addition, there is a technical analysis based on historical price movements and patterns.

These factors are incorporated into models that evaluate the future potential of cryptocurrencies to provide investors with a sound basis for their investment decisions.

100x Crypto Coins: Techopedia Tips in Analysis

Discover the best crypto insider tips with the potential for 100x profits with us:

1. PlayDoge

A new P2E coin with an iconic game is entering the scene: PlayDoge ($PLAY) has the potential to be listed as a new coin on Coinbase. What makes PlayDoge particularly exciting is the unique combination of meme culture, play-to-earn (P2E) mechanics, and a highly engaged community. But that’s not all – PlayDoge also has the potential to become a 100x crypto.

The innovative P2E game has a gripping storyline: From one day to the next, all beloved Doges disappear without a trace. One day, an old slot machine called “PlayDoge” is discovered in an abandoned arcade. Players can use the PlayDoge app to guide their digital Doge companions through the pixelated world of the 90s to save them and earn $PLAY tokens in the process.

When you buy PlayDoge Tokens, you get access to a game that combines the classic Tamagotchi principle with modern P2E mechanics. Players have to feed, entertain, provide medical care, and put their virtual pets to sleep. In addition, the game offers classic 8-bit side-scrolling adventures.

This combination of retro elements and modern technology appeals to a broad target group and increases the potential for viral growth. The current PlayDoge forecast also looks good. Those who join the project early can purchase $PLAY tokens at a reasonable price and benefit from the attractive staking APYs of over 9,000%.

Chain BRC-20 Purchase method BNB, USDT, Credit Card Token price 1 PLAY = 0.00451 $ Total tokens 9,400,000,000

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2. Sealana

Sealana ($SEAL) is currently one of the most promising meme coins with the potential to achieve a 100-fold increase in value. With a humorous story revolving around a fat sea lion, coupled with solid tokenomics on a token on the Solana blockchain, Sealana has already generated over $120,000 in presale, reflecting the trust of the crypto community.

The presale will be done in “send-to-wallet” style, where SOL can be sent to the wallet address DJ15ZYXqUNMYJ3hL7z4ciSaSFAw5cbos3YjGpdvwmF6c.

The Solana blockchain has proven to be powerful, and projects like Popcat and Solama have seen huge gains. Sealana could join this line of success. Alternatively, $SEAL tokens can be purchased via the presale website.

Chain Solana Purchase method SEAL Token price 1 Sol = 6,900 $SEAL Max. Invest Not specified

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3. WienerDog AI

WienerDog AI ($WAI) is more than just a new meme coin – it is an up-and-coming dog coin that launched in April and has the potential to become a 1,00x crypto candidate.

As a genuine Web 3.0 coin, WienerAI stands out from other meme coins through its staking rewards, which are offered during the presale and provide additional incentives for investors. The $WAI community affectionately referred to as the “Sausage Army”, is continuously growing and gaining importance both in the Philippines and worldwide.

$WAI’s tokenomics have been carefully crafted, with a large portion dedicated to presale and also significant portions reserved for community rewards, staking, DEX/CEX, and marketing purposes.

100x chance because

With a roadmap that includes the Sausage Army launch, presale, and a comprehensive marketing campaign, $WAI aims to build a strong community and could become one of the biggest success stories of the year.

Presale started April 2024 Purchase method ETH, USDT, BNB Chain Ethereum Token Type ERC-20 Token Total 69 billion Max. Investment None

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4. Mega Dice Token

First the simple: The metaverse coin Mega Dice Token is part of the infrastructure of the Mega Dice online casino. Now for the complexity: It connects Solana Chain with the chance of $2.2 million airdrops and limited NFTs. And all this with a stable ecosystem.

Because Mega Dice has an active user base of more than 50,000 players. The rewards for $DICE buyers, which directly link the value of the tokens to the financial performance of the casino, are another important feature. And they also affect the positive Mega Dice token forecast.

100x chance because

Strategic airdrops distributed over the course of three seasons, combined with exclusive access to limited NFTs, are part of the GameFi approach. Added to this is the SOL Chain, which offers low fees and top performance.

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5. 99Bitcoins

The launch of the 99Bitcoins token indicates an impressive entrant in the list of 100x cryptocurrencies expected for 2024. Current 99Bitcoins predictions underline the project’s potential.

This innovative token was born from the illustrious legacy of the 99Bitcoins platform, which already serves 2 million registered users and over 700,000 YouTube subscribers.

The platform’s smart decision is to integrate a learn-to-earn framework through the BRC-20 on the Bitcoin blockchain. This shows foresight while remaining consistent with its educational principles. That’s why buying 99Bitcoins is also a chance for real profit.

The token distribution has been carefully orchestrated and includes a total supply of 99,000,000,000 tokens. This supply will be distributed methodically, with each component – ​​presale, staking, project funds, community rewards, liquidity, and marketing – deliberately designed to improve the token ecosystem.

100x chance because

By combining education and practical rewards, including access to exclusive content and crypto trading signals, the 99Bitcoins token differentiates itself as perhaps the best new 100x cryptocurrency. So it is by no means a shitcoin without substance.

Presales started April 2024 Purchase method ETH, USDT, BNB, Credit Card Soft Cap $5,353,425 Hard Cap $11,070,675 Chain ETH, later transition to BRC20 Max Investment No Max Invest

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How we selected the best 100x cryptocurrencies

We looked at the next potential 100x cryptocurrencies and took several factors into account. Here are the criteria we considered:

Real benefits

We looked at what each crypto project actually has to offer. Do they solve a real problem, are they just another version of an existing crypto project or do they offer something completely new? When selecting the top cryptocurrencies, it was important to us to ensure that the coin has a realistic chance of increasing its current value by 100 times.

Potential for future growth

Some tokens have already reached their full potential, while others still have room for further growth and their roadmaps include improvements and additional use cases. If a token or network shows promising prospects for future growth in technical capabilities or utility, this will add value to the token or network.

Social Media Hype and Community

Meme coins and their ecosystem thrive on the hype created by social sentiments in a never-ending cycle of speculation. These cryptos, like the more serious coins, require a certain amount of hype to achieve their desired goals of increasing in value. A “hype-able” cryptocurrency, therefore, has a chance of being a 100x coin. Additionally, we took into account the size and commitment of the community in building, promoting, and defending their coin and network.

Current token price

Tokens that have already reached or are close to all-time highs offer less room for future growth. On the other hand, tokens that are still far from their all-time highs but still offer potential in their utility or functionality could see significant gains if they perform well.

Token history

If a token or network has experienced strong price increases in the past, more investors will believe it can do so again, fueling the uptrend. However, if a token has stagnated in a certain price range for a long time or has experienced a sustained downtrend, its ability to turn around and increase in value could be questioned.

Identify Cryptos with the Potential for 100x Profits – Tips

While other people’s analysis and methods are helpful, how do you find 100x tokens yourself? Here are some methods and platforms you can incorporate into your own strategy to search for cryptocurrencies with 100x potential:

Crypto Tracking Websites

Particularly recommended sources are CoinMarketCap and CoinGecko. These platforms not only offer a ranking of coins but also show which cryptocurrencies are trending and list the latest tokens. In addition, they also show data on social activity and have their own communities and comment sections that provide insights into the sentiment surrounding a token.

DexTools

The DexTools platform is similar to crypto tracking websites but focuses on gathering trading information and token pairs from decentralized exchanges. It provides users with analytics and trading tools to examine token pairs. Its focus is on DEXes and the pairings available there, giving users a different perspective on tokens.

X (Twitter)

As a global marketplace, X is the place for most public discussions about tokens, making it a valuable tool for real-time trend discovery. However, caution is advised as there are many pump-and-dump scams on X.

Crypto specialists on YouTube

YouTube is the platform where influencers and analysts share a lot of their content. Here you will find valuable insights from experts who have been working on the topic for quite some time. One of these experts is Jacob “Crypto” Bury, who is known for always being on the lookout for the next successful cryptocurrency. He has also built an active community on Discord where like-minded people meet and share useful trading tools and tips. Other notable crypto analysts on YouTube include BitBoy Crypto, Michael Wrubel, and Crypto Banter.

Technical Analysis

The tried and tested technical analysis is an important part of the toolbox of every 100x crypto hunter or investor. It allows you to determine which direction a token will take in the near future and identify whether the conditions are in place for a strong uptrend or not.

Corporate reports

Many companies regularly publish quarterly and annual reports on the state of the cryptocurrency industry, as well as on various industries and niches in the blockchain space. Providers of such reports include Messari, DappRadar, CoinGecko and Binance.

Forums (Reddit)

Reddit forums like r/CryptoCurrency and r/CryptoMoonShots can also be real goldmines for sharing crypto trends. Here, crypto enthusiasts share insights, discuss emerging coins, and exchange tips for potential 100x opportunities.

Risks of 100x Crypto Coins

Investing in 100x cryptocurrencies involves certain risks that you should strongly consider to minimize potential losses:

Lack of long-term perspective or fundamentals: Many crypto projects may be based only on short-term speculation, which can result in unstable performance.

High volatility: Crypto projects with low market capitalization can often experience extreme price fluctuations that are unsustainable and can lead to losses.

Pump & Dump: When prices rise sharply, there is a risk of pump & dump schemes, where investors enter too late and end up suffering losses when the price suddenly collapses.

Inexperienced development teams or a crowded market: Unfortunately, there are crypto projects that are developed by inexperienced teams or are in a crowded market segment, which could affect the chances of long-term success. This should be thoroughly checked before investing.

Difficult timing: It is difficult to determine the right time to buy and sell volatile projects. Make sure you lock in your profits early to avoid potential losses. Late purchase: If a coin has already gained considerable value, late entry is risky. Buying the coin at an inflated price can result in heavy losses.

Risk of fraud or scams: It is important to remember that there is a risk of fraud or scams in the crypto community. This can be especially the case with new and little-known projects.

Conclusion – 100x Crypto Coins 2024

Investing in cryptocurrencies with the potential for 100x returns undoubtedly brings significant opportunities, but also risks that should not be underestimated. By carefully analyzing the potential, based on sound information from various sources such as forums, and news channels, and the evaluation of the underlying technology, investors can identify promising projects.

However, choosing the right crypto coins requires patience, research, and an understanding of the volatility of the market. To make your search easier, we have identified 5 coins that could have this potential. Our 100x Coin recommendations can be a good starting point, however, it is important that you do your own research and only invest within your means.

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The post Top 100x Potential Cryptocurrencies to Watch in 2024 appeared first on Blockonomi.

Despite its price surge, ONDO’s forecast remains cautious due to a 19.20% dip in trading volume and unfavorable metrics. Meanwhile, after a significant downturn post-2021, AAVE’s price has shown recovery since September, recently outperforming Lido with a sharp rise last month. In contrast, BlockDAG’s recently released Keynote 2 has captivated the crypto world, amassing $41.9 million in presale funds, and setting a new industry standard. The debut of the X1 miner app beta alongside the keynote has solidified BlockDAG’s position as a leading cryptocurrency for 2024, marking it as a prime investment target. ONDO’s Price Outlook: Stability and Possible Sell-Off ONDO has recently peaked at an all-time high, securing its gains. This week, it stabilized, hinting at possible profit-taking soon. Despite breaking past the $1 barrier and climbing to $1.23 this week, the sentiment is bullish. However, the forecast for ONDO remains guarded due to a 19.20% decrease in trading volume and negative indicators, signaling a likely sell-off. Decreasing investor interest and reduced social dominance suggest a cautious approach in upcoming trading sessions. Aave Witnesses Growth Amidst DeFi Sector’s Recovery Aave has demonstrated notable growth recently, surpassing Lido, despite not being the largest DeFi token. Following the Bitcoin halving, the DeFi sector has seen a gradual ascent to levels last observed two years ago. Although AAVE took a hit after the 2021 market crash, it has regained some ground since September. The gains over the past week inject a dose of cautious optimism. As the DeFi sector continues to expand, Aave remains a token worth watching, though its future outcomes remain in flux. BlockDAG’s Keynote 2 Revolutionizes the Cryptocurrency Sphere BlockDAG’s keynote 2 has unveiled substantial progress and strategic milestones. The presentation spotlighted the efficiency of the Directed Acyclic Graph (DAG) technology, which manages simultaneous operations effectively and securely, ensuring data integrity and fast transaction speeds, setting BlockDAG apart from traditional blockchains. Moreover, the keynote announced an upcoming doxing event to introduce BlockDAG’s all-human team, reflecting the team’s commitment to transparency and accountability. Additionally, it highlighted BlockDAG’s worldwide marketing initiatives, strategic alliances, and endorsements from industry leaders, enhancing the project’s reputation and expanding its global reach. The keynote also introduced the newly beta-released X1 Crypto Miner App, a significant breakthrough for mobile crypto mining. Available on both Android and Apple devices, the app allows users to mine BDAG coins efficiently, featuring easy user onboarding, presale capabilities, and referral bonuses, boosting earnings ahead of the mainnet launch. This move showcases BlockDAG’s dedication to innovation and inclusivity in crypto mining. The launch of Keynote 2 and the X1 Miner app beta has sparked worldwide excitement, propelling the presale success beyond $41.9 million, underscoring robust community support, and positioning BlockDAG as a top cryptocurrency choice. With the presale continuing to excel, BlockDAG’s visibility and potential for significant returns present a compelling investment opportunity. The Bottom Line While ONDO’s price forecast is marred by a 19.20% decline in trading volume and negative metrics, despite its recent uptick, and AAVE has partially recovered since its downturn in 2021, BlockDAG is currently at the forefront of the cryptocurrency market. The recent Keynote 2 launch has attracted significant interest, leading to a remarkable $41.9 million in presale revenue. Currently, in its 16th batch, BlockDAG is priced appealingly at $0.0095. With highly favorable projections, BlockDAG stands out as a top investment prospect. Given these promising developments, now is an opportune time to consider investing in BlockDAG as one of the leading cryptocurrencies to purchase in 2024. Join BlockDAG Presale Now: Website: https://blockdag.network Presale: https://purchase.blockdag.network Telegram: https://t.me/blockDAGnetworkOfficial Discord: https://discord.gg/Q7BxghMVyu

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Recently, the Kaspa (KAS) price chart has shown a sudden 1.19% decline after a significant 25% increase over the past month. Meanwhile, Avalanche is gearing up to lower Avalanche (AVAX) staking requirements, aiming to make it more accessible. In the meantime, BlockDAG has unveiled its highly anticipated moon keynote, revealing key announcements such as roadmap upgrades, global marketing initiatives, 45 new development updates, the forthcoming Mainnet Launch, and more. Following this keynote release, BlockDAG experienced an impressive 850% price increase for its community. The introduction of the X1 Mobile Mining App beta version has further cemented BlockDAG’s position as a top altcoin to buy in 2024. Avalanche (AVAX) Staking Requirements to Be Reduced Avalanche plans to lower the staking requirements for launching new subnets, aiming to retain more game development teams. Previously, users needed to stake 2,000 AVAX to become validators for the main AVAX layer, making it costly and less accessible. By reducing these staking requirements, Avalanche is poised to regain its position as a go-to platform for developers and expand its portfolio of Web3 applications. Kaspa (KAS) Price Declines After 25% Surge Kaspa (KAS) recently experienced a sudden price drop to $0.1335, following a 25% surge over the past month. Although the price quickly rebounded to $0.1379, it remains down by 1.19%. This decline has sparked discussions among enthusiasts and experts about the coin’s future outlook. Crypto commentator MikoGenno suggests that this drop could propel KAS into a profitable eight-month cycle phase, potentially reaching $0.4 in the coming months. Despite Kaspa’s strong yearly performance, such sudden dips necessitate cautious investment strategies. BlockDAG’s Keynote 2 and X1 Miner App Boost 30,000x ROI Projections BlockDAG’s innovative Blockchain & DAG architecture made waves in the crypto world, raising $1M within 24 hours. Today, BlockDAG’s value has skyrocketed. The price of its native coin, BDAG, has surged from $0.001 in the initial presale batch to $0.0095 in batch 16, marking an 850% increase. The moon keynote played a significant role in BlockDAG’s presale success. The presentation unveiled crucial announcements, including 45 new development updates, major roadmap enhancements, global marketing strategies, and more. Development updates aim to position BlockDAG as the fastest, most scalable crypto platform available, while the roadmap enhancements highlighted milestones like P2P engine development, EVM compatibility, and Metamask integration. The Testnet launch is set for mid-August, with the Mainnet launch expected within four months. The keynote also introduced 10 new payment methods, including BNB, ETH, and USDT, to facilitate smoother presale participation. Additionally, BlockDAG’s $2M giveaway has expanded its community. So far, over 10.8 million BDAG coins have been sold, raising over $41.9 million. Given these milestones, BlockDAG is projected to generate $5 million in daily revenue, with its presale set to conclude before the Mainnet launch. Upon launch, BDAG coins are anticipated to reach $1, with experts predicting a potential 30,000x ROI. The launch of BlockDAG’s X1 Miner beta app has significantly expanded the platform’s community. This innovative cloud mining app allows users, including beginners, to mine up to 20 BDAG coins daily from their smartphones. Available for both Apple and Android, the X1 app is only 50 MB and doesn’t affect the phone’s data or battery. Lights Out! From its groundbreaking Blockchain & DAG architecture to broadcasting a keynote video from the moon, BlockDAG’s success story has led to an 850% price surge for investors, with a potential 30,000x ROI on the horizon. The X1 Crypto Miner App beta, enabling users to mine cryptos directly from their smartphones, has further expanded BlockDAG’s community. Currently selling rapidly at $0.0095 in presale batch 16, BDAG is expected to hit $1 in 2024. Invest in the BlockDAG Presale Now: Presale: https://purchase.blockdag.network Website: https://blockdag.network Telegram: https://t.me/blockDAGnetwork Discord: https://discord.gg/Q7BxghMVyu

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Developments in Polkadot hint at a possible surge, drawing investor interest, while Stellar (XLM) displays encouraging signs of an imminent breakout. Despite these promising trends, investors are gravitating toward BlockDAG (BDAG), spurred by its recent ‘from the moon’ Keynote 2 launch. This major update has sparked extraordinary interest, pushing BlockDAG’s presale beyond $41.9M. Currently, in Batch 16, the presale showcases a stunning 850% increase from Batch 1, mirroring strong market confidence. Polkadot Shows Signs of an Upcoming Surge Recent activities in Polkadot have demonstrated substantial progress, including a major trendline breakout. These developments suggest a likely upward trajectory shortly. Market analysts are keeping a close watch to determine if this momentum will be maintained, potentially leading to a 35% increase by May’s end. Polkadot’s ongoing enhancements are captivating investors, keen to witness how these advancements will affect its performance and market standing. Stellar’s Market Poised for Breakout The Stellar market is on the brink of a breakout, with analysts pointing to positive indicators. Current market trends suggest Stellar could achieve new highs if the upward trajectory holds. Ongoing analyses provide a positive forecast, keeping investors attentive to further shifts. As the market progresses, Stellar’s potential for near-term growth remains a focal point for investment strategies. BlockDAG’s Keynote 2 Launch and Stellar 850% Price Increase BlockDAG’s keynote 2 has successfully launched, propelling the network to new heights of innovation and market leadership in the cryptocurrency sector. This launch marks a significant milestone, showcasing BlockDAG’s capacity to pioneer new advancements and navigate the future of crypto. The investor rush following the Keynote 2 updates has been remarkable, especially with the introduction of the X1 Crypto Miner App’s Beta Version, which simplifies mining and enhances accessibility. The completion of the X1 Miner app’s Phase 1 development and its rigorous testing phase have culminated in a successful launch on both Android and Apple platforms. This beta version, while preliminary, delivers an impactful user experience with wireframe & UI designing, user onboarding, and presale functionality. Upcoming updates will expand its features to include wallet and send/receive capabilities, as well as a leaderboard and community section. The app’s preliminary features allow users to invite friends and increase earnings prior to the mainnet launch, providing significant benefits for early adopters. Following the Keynote 2 and X1 Miner App launch, BlockDAG’s presale has soared, now in Batch 16 with a coin price of $0.0095, demonstrating an 850% surge from Batch 1. The presale has amassed $41.9 million, affirming BlockDAG’s robust market position and investor enthusiasm. This presale success underscores the community’s excitement over BlockDAG’s innovative steps and its promising future in the crypto landscape. BlockDAG: Top Choice for Crypto Investors BlockDAG’s Keynote 2 release has set off a frenzy among investors, eclipsing significant market movements such as Polkadot’s updates and Stellar’s price shifts. This strategic release has driven the BlockDAG presale to remarkable heights, reaching $41.9 million in Batch 16, and recording an 850% increase since its start. This impressive growth, showcasing the most successful crypto presale to date, highlights the transformative effect of Keynote 2, solidifying BlockDAG as a leading entity in the crypto industry and a major contender for future investments. Invest in the BlockDAG Presale Now: Presale: https://purchase.blockdag.network Website: https://blockdag.network Telegram: https://t.me/blockDAGnetwork Discord: https://discord.gg/Q7BxghMVyu

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