CONTENTS 05
WEEKLY CRYPTOCURRENCY MARKET ANALYSIS
CRYPTO TRADE OPPORTUNITIES
10
07
PRESS RELEASE
CLEANCARBON: THE DEFI RESPONSE TO WORLD POLLUTION
10
ASIMI TOKEN: UNIVERSAL ONLINE BUSINESS SOLUTION FOR ADVERTISERS AND CRYPTO ENTHUSIASTS
12
JUST 2 MILLION BITCOIN LEFT TO MINE: BITCOIN HITS THE 19 MILLION MILESTONE
14
CELO RISES 15% ON BARCELONA REVEAL OF $20M 'CONNECT THE WORLD' CAMPAIGN INTEL LAUNCHES NEW BITCOIN MINING CHIPS FOCUSED ON SUSTAINABILITY
BASHOSWAP: AN ALGORITHMIC AMM DEX ON CARDANO
28
INDONESIAN GOVERNMENT SETS CRYPTO TAX AT 0.1% TO BE LEVIED STARTING IN MAY
28
GENSLER WANTS SEC AND CFTC TO REGULATE CRYPTO EXCHANGES TOGETHER
30
MUSK TAKES NEARLY $3B STAKE IN TWITTER; DOGE SPIKES
30
IN THE US, PUBLIC-PRIVATE STATE ASSOCIATIONS FORM NETWORKS OF SUPPORT FOR CRYPTO BUSINESSES
32
MAN UNITED ACE LIFTS LID ON NEW MEMBERS-ONLY METAVERSE PROJECT
32
CHOSEN ONES: THE FUTURE OF PLAY-TO-EARN GAMING
33 36
16
INSTITUTIONS POUR CAPITAL INTO ETHEREUM, SOLANA, AND ADDITIONAL ETH COMPETITOR AS SENTIMENT RECOVERS RETAIL CARDANO WALLETS REACHED NEW ALL-TIME HIGH AS ADA JUMPED 5%
36
16
HACKERS TARGET TREZOR CRYPTO WALLET USERS AFTER MAILING LIST GOT COMPROMISED
38
LEDGER PARTNERS WITH THE SANDBOX TO PROMOTE CRYPTO EDUCATION IN THE METAVERSE
38
17
COINBASE TO GO ON HIRING SPREE AMID NEW PUSH FOR EXPANSION IN INDIAN MARKET
22
CRYPTO FOR SANDWICH AND FUEL: AUSSIE CONVENIENCE STORE GIANT TO ENABLE CRYPTO PAYMENT AT 170 BRANCHES
22
23
UK UNVEILS COMPREHENSIVE PLAN TO BECOME GLOBAL CRYPTO HUB WITH DYNAMIC REGULATION
bitcci: AN INNOVATION IN THE ESCORT INDUSTRY BASED ON CRYPTOCURRENCY!
Cryptonaire Weekly | April 5th 2022
2
+44 (0) 207 558 8486
EDITORS LETTER Another milestone of importance was that the 19th millionth Bitcoin was mined on April 1, leaving only 2 million more Bitcoin to be mined. It is expected that the last Bitcoin will be mined in the year 2140. This is likely to shift investors’ focus on the scarcity of the leading cryptocurrency. While Bitcoin remains the leading cryptocurrency, some analysts are projecting greater value in Ether. Arthur Hayes, the former BitMEX CEO, recently highlighted in a blog post that Ether’s upgrade to proof-of-stake could increase its institutional appeal as it will act as an infinite duration bond. This makes Hayes more bullish on Ether than Bitcoin. He expects Ether to rally above $10,000 by the end of the year. “My crypto portfolio at the beginning of 2022 was 50% Bitcoin and 50% Ether. I have conviction in the cheapness of ETH relative to the rest of the crypto firmament. Therefore, my target allocation is 25% Bitcoin and 75% Ether”, Hayes added.
Bitcoin turned down from the 200-day simple moving average (SMA) on March 29, indicating that bears continue to defend the level aggressively. The sellers tried to sink and sustain the price below the breakout level of $45,855 but the bulls had other plans. They purchased the dip on April 1 as seen from the long tail on the day’s candlestick. The buyers have managed to keep the BTC/ USD pair above the critical level of $45,855 but have not been able to push the price above the 200-day SMA. This indicates that the pair may spend some more time inside a tight range between $44,250 and $48,250. Contrary to this assumption, if buyers propel the price above the 200-day SMA, the upmove could resume. The pair could then rally to $52,100 where the bears are expected to mount a strong defence. Aggressive traders may consider long positions on a close above the 200-day SMA. On the downside, a break and close below $44,000 could attract profit-booking by the short-term traders. That may pull the price to the 50-day SMA. Lastly please check out the advancement’s happening in the cryptocurrency world. Enjoy the issue!
Karnav Shah Founder, CEO & Editor-in-Chief
CRYPTONAIRE WEEKLY After mentoring thousands of crypto traders around the globe, we have culminated all of the consistent and ongoing requirements of crypto-traders into one place. Our Cryptonaire Weekly magazine includes expert technical analysis, providing trading opportunities to our subscribers as well as fundamental analysis so our readers can keep up to speed with the current developments in the crypto markets. Not only do we provide the information necessary to trade active cryptocurrencies on the exchanges, but we also take a look at ICOs to help you find those golden projects with real value! No longer will you have to rely on multiple sources to keep on top of the markets, we deliver everything directly to your inbox each and every week. Featuring in this weeks Edition:
What are you waiting for? Subscribe now!
- Ernest in Disguise
- bitcci
- 3QualiTy
- Ninja Fantasy Trader
- CleanCarbon
- Chosen Ones
- DeepSquare
- Have NFT
- Loop Ventures
- Artex
- Bashoswap
Also Get, - Markets Analysis - Market News Update - Read Our Latest Blog: BASHOSWAP: AN ALGORITHMIC AMM DEX ON CARDANO bitcci: AN INNOVATION IN THE ESCORT INDUSTRY BASED ON CRYPTOCURRENCY! CHOSEN ONES: THE FUTURE OF PLAY-TO-EARN GAMING
For Latest update
Cryptonaire Weekly | April 5th 2022
4
+44 (0) 207 558 8486
WEEKLY CRYPTOCURRENCY MARKET ANALYSIS Hello, welcome to this week’s 228th edition of Cryptonaire Weekly Magazine. The global crypto market cap is $2.17 Trillion, up $20 billion since the last week. The total crypto market trading volume over the last 24 hours has increased by 13.51% to $107.71 Billion. The DeFi volume is $14.26 Billion, 13.24% of the entire crypto market’s 24-hour trading volume. The volume of all stable coins is $89.27 Billion, 82.87% of the total crypto market’s 24-hour trading volume. Bitcoin’s price has decreased 1.86% from $47,660 last week to around $46,775 and Ether’s price has increased by 3.28% from $3,413 last week to $3,525 Bitcoin's market cap is $888 Billion and the altcoin market cap is $1.28 Trillion.
Percentage of Total Market Capitalization (Dominance)
Bitcoin
40.98%
Bitcoin has started the second quarter on a cautious note as both the bulls and the bears try to gain an early advantage. However, Coinglass data shows that history favours the bulls in April because, in the past nine years, Bitcoin has suffered a monthly loss in April only on three occasions, with the maximum monthly drop being 3.46% in 2014. On the other hand, the largest monthly gain in April was 50.01% in 2013. Even if this early period is ignored, Bitcoin recorded monthly gains of more than 34% in 2019 and 2020.
Ethereum
19.54%
Tether
3.80%
BNB
3.47%
USD Coin
2.38%
Another milestone of importance was that the 19th millionth Bitcoin was mined on April 1, leaving only 2 million more Bitcoin to be mined. It is expected that the last Bitcoin will be mined in the year 2140. This is likely to shift investors’ focus on the scarcity of the leading cryptocurrency.
XRP
2.00%
Cardano
1.89%
Terra
1.88%
Solana
1.84%
Avalanche
1.19%
Others
21.01%
While Bitcoin remains the leading cryptocurrency, some analysts are projecting greater value in Ether. Arthur Hayes, the former BitMEX CEO, recently highlighted in a blog post that Ether’s upgrade to proof-of-stake could increase its institutional appeal as it will act as an infinite duration bond. This makes Hayes more bullish on Ether than Bitcoin. He expects Ether to rally above $10,000 by the end of the year.
“My crypto portfolio at the beginning of 2022 was 50% Bitcoin and 50% Ether. I have conviction in the cheapness of ETH relative to the rest of the crypto firmament. Therefore, my target allocation is 25% Bitcoin and 75% Ether”, Hayes added. In another sign that altcoins could be attracting greater investor interest, the combined open interest on altcoins derivatives surpassed Bitcoin’s open interest, according to Coinalyze data. The firm’s founder Gabriel Dodan told Cointelegraph that this “could mean altseason, money flows into alts now.”
Cryptonaire Weekly | April 5th 2022
5
+44 (0) 207 558 8486
Cryptonaire Weekly | April 5th 2022
6
+44 (0) 207 558 8486
CRYPTO TRADE OPPORTUNITIES BITCOIN - BTC/USD the long tail on the day’s candlestick. The buyers have managed to keep the BTC/USD pair above the critical level of $45,855 but have not been able to push the price above the 200-day SMA. This indicates that the pair may spend some more time inside a tight range between $44,250 and $48,250.
Bitcoin turned down from the 200-day simple moving average (SMA) on March 29, indicating that bears continue to defend the level aggressively.
Contrary to this assumption, if buyers propel the price above the 200-day SMA, the up-move could resume. The pair could then rally to $52,100 where the bears are expected to mount a strong defence. Aggressive traders may consider long positions on a close above the 200-day SMA.
The sellers tried to sink and sustain the price below the breakout level of $45,855 but the bulls had other plans. They purchased the dip on April 1 as seen from
On the downside, a break and close below $44,000 could attract profit-booking by the short-term traders. That may pull the price to the 50-day SMA.
Previous Analysis...
ETHEREUM - ETH/USD build upon this momentum. This suggests that bears are trying to pull the price back below the 200-day SMA and trap the aggressive buyers. If the price turns down from the current level and plummets below $3,211.66, the short-term sentiment may turn negative as traders who may have bought at lower levels could book profits. That could pull the price down to the 50-day SMA. A strong rebound off this level will suggest that bulls continue to accumulate at lower levels. That could keep the pair range-bound between the moving averages for a few days.
Ether turned down from the 200-day SMA on March 29 but the bulls did not allow the price to sustain below the breakout level of $3,284.75. The strong rebound on April 1 indicates that bulls are actively buying the dips.
Conversely, if the price rises from the current level or once again rebounds off $3,284.75, it will increase the prospects of a rally to the psychological level of $4,000.
The ETH/USD pair broke and closed above the 200day SMA on April 3 but the bulls have not been able to
Previous Analysis...
Cryptonaire Weekly | April 5th 2022
7
+44 (0) 207 558 8486
BINANCE - BNB/USD The buyers will now try to push the price to the 200day SMA, where they are likely to encounter strong resistance from the bears. However, if bulls do not cede ground to the bears, it will enhance the prospects of a break above the 200-day SMA. The BNB/USD pair could then pick up momentum and rally toward the psychological level at $500. Contrary to this assumption, if the price turns down from the current level or the overhead resistance and breaks below $430, it could attract profit-booking from the short-term traders. The pair could then slide to the 50-day SMA.
Binance Coin turned down from the overhead resistance at $450 on March 31 but the bulls aggressively purchased the dip, resulting in a sharp rebound on April 1.
Previous Analysis...
RIPPLE - XRP/USD between the moving averages. The relative strength index (RSI) has dropped to the midpoint, which also suggests a consolidation in the near term. If bears pull the price below the 50-day SMA, the selling could intensify and the pair could drop to the support line. A break and close below this level could tilt the advantage in favour of the bears. Contrary to this assumption, if the price rises from the current level and breaks above the 200-day SMA, the bullish momentum could pick up. The pair could then rally to the psychological level at $1
XRP turned down from the 200-day SMA on March 28 and dropped to the 50-day SMA on March 31. The bulls purchased this dip but the rebound lacks conviction. This suggests that the XRP/USD pair may remain stuck
Previous Analysis...
LUNA - LUNA/USD breakout level at $103.50. The bulls purchased the dip on April 1 and pushed the price above $111.50 on April 2. This indicated the resumption of the uptrend. The pair could now face resistance at $125 but if bulls overcome this barrier, the next stop could be $150. However, we give a low probability of such a rally occurring in the short term. If the price turns down from the current level or the overhead resistance, the bears will again try to pull the pair below $103.50. If they succeed, the next stop could be the uptrend line. A break and close below this level could intensify selling and sink the pair to the 50-day SMA.
We mentioned in our previous analysis that the path of least resistance on Terra’s LUNA token was to the upside and a rally to $115 and then to $125 was possible. The LUNA/USD pair turned down from $111.50 on March 30 but the bears could not sustain the price below the
Cryptonaire Weekly | April 5th 2022
Previous Analysis...
8
+44 (0) 207 558 8486
Cryptonaire Weekly | April 5th 2022
9
+44 (0) 207 558 8486
PRESS RELEASE
CleanCarbon is the first asset-backed, communitydriven blockchain project that cleans our planet with its top-notch UHTG technology and dedicated team that works hard to make change happen locally first before it sets sail for global markets. The business model offers a unique combination of state-of-the-art DeFi tokenomics, physical token utilities, and Waste-to-Energy installations to solve the waste problem in places worldwide that need it the most. CleanCarbon produces very clean syngas with a very high hydrogen content (between 40-75%) included depending on the input material. The hydrogen is easily separated from the syngas produced using standard techniques and can be recycled.
The Pilot Project is getting ready to be constructed in Fuerteventura, Canary Islands. It will act as a proof of concept and the R&D facility needed to enter new markets and test the nuances of the technology. By gathering the know-how and the necessary experience, CleanCarbon will be ready for future global expansion. “As a company, we want to be involved in accelerating circular and net-zero economies by using DeFi solutions and building green infrastructures that make a real difference.” Discussing the CleanCarbon Project, Editor in Chief at Cryptonaire Weekly Mr Karnav Shah noted: “It’s rare you come across a project that explores wider
With CleanCarbon’s UHTG system, companies can
utilities of the blockchain technology by being the first asset-backed, community-driven blockchain
solve their disposal problems on the one hand and use the hydrogen produced during the disposal process. The patented process is emission-free in processing organic waste, has low noise, and offers maximum flexibility in the input and output
project that really cleans our planets. We are truly excited to share the CleanCarbon project and explain its fundamentals to our readers. We are certain that we will have more about this promising venture in our subsequent publications.”
applications. The token holders are rewarded with multiple financial incentives, such as staking rewards in BUSD, native reflections in CARBO, and exciting
Hopefully, you have enjoyed today’s article for further coverage please check out our crypto Blog
airdrops. The token is also deflationary through regular burning events and will benefit from the profits of the physical installations.
Cryptonaire Weekly | April 5th 2022
Page Thanks for reading! Have a fantastic day! Live from the Platinum Crypto Trading Floor.
10
+44 (0) 207 558 8486
Earnings Disclaimer: The information you’ll find in this article is for educational purpose only. We make no promise or guarantee of income or earnings. You
Nothing in this article is intended to be professional, legal, financial and/or accounting advice. Always seek competent advice from professionals in these
have to do some work, use your best judgement and perform due diligence before using the information in this article. Your success is still up to you.
matters. If you break the city or other local laws, we will not be held liable for any damages you incur.
Cryptonaire Weekly | April 5th 2022
11
+44 (0) 207 558 8486
ASIMI, an ads minting platform designed for mass adoption, is delivering a decentralised economy targeting online businesses for better online visibility and earning opportunity. This gesture not only boosts business performance but it also allows individuals to run businesses on their own terms. ASIMI can be used as a source of income as well as a source for generating traffic for ads. Earn free ASIMI tokens from successful completion of tasks online, watching suggested ads, playing games, and/or completing surveys. In terms of generating traffic, you will be able to access online marketing tools that will provide access to a large database of individuals with similar interests. Listing on xt.com in April The ASIMI token has gained recognition in the market with its presence in a number of exchanges such as CoinMarketCap, HitBTC, and P2PB2B. Come April 2022, the ASIMI token will also be listed on xt.com, the world’s first social infused exchange, to boost coverage and access to the mass market. New ASIMI website asimi.io For better quality targeted advertising, we are developing a new website. We guarantee better features, a user-friendly interface to cater for the
Cryptonaire Weekly | April 5th 2022
mass market, while at the same time retaining our core values (honesty, transparency, reliability, and trust). With the new website, we continue to deliver innovation that will give individuals and investors a powerful marketplace. Gone are the days when you have to pay for online ads that did not reap any benefits to your business. To individuals seeking to create a balance between online business presence and a substantial crypto income, ASIMI is the platform that will meet your needs, wants, and preferences. Hopefully, you have enjoyed today’s article for further coverage please check out our crypto Blog Page Thanks for reading! Have a fantastic day! Live from the Platinum Crypto Trading Floor. Earnings Disclaimer: The information you’ll find in this article is for educational purpose only. We make no promise or guarantee of income or earnings. You have to do some work, use your best judgement and perform due diligence before using the information in this article. Your success is still up to you. Nothing in this article is intended to be professional, legal, financial and/or accounting advice. Always seek competent advice from professionals in these matters. If you break the city or other local laws, we will not be held liable for any damages you incur.
12
+44 (0) 207 558 8486
Cryptonaire Weekly | April 5th 2022
13
+44 (0) 207 558 8486
ADVANCEMENTS IN THE CRYPTOCURRENCY WORLD JUST 2 MILLION BITCOIN LEFT TO MINE: BITCOIN HITS THE 19 MILLION MILESTONE The 19 millionth Bitcoin was mined, leaving just 2 million BTC to be mined over the next 100 years. The 19th millionth Bitcoin (BTC) was mined on Friday, a landmark occasion for the number one cryptocurrency. Nineteen million Bitcoin are now in circulation, with just 2 million Bitcoin yet to be minted (or mined) until roughly the year 2140. In block 730002, mined by SBI Crypto, the 19 millionth Bitcoin entered circulation. SBI Crypto earned 6.32 BTC, roughly $293,000 for the trouble in transaction fees and block reward. A momentous occasion, the Bitcoin community was quick to celebrate the milestone event. The CEO of possibly one of the world’s most ESGfriendly Bitcoin miners, Kjetil Hove Pettersen of Kryptovault, told Cointelegraph "we have only two million Bitcoin—less than 10% of the total— left to mine." He continued:
come mining company, Bitcoin Bloem, told Cointelegraph the “19th million Bitcoin being mined today marks a historical moment.” He concluded that it “makes us realize once more how important the work was that Satoshi Nakamoto,” joking that “we wish we could have sent flowers to show our gratitude." According to Vlad Costea, founder of Bitcoin Takeover, there are “only 2 million BTC left to mine in the next 118 years!” Over the past 13 years since the inception of Bitcoin, miners have uncovered 19 million Bitcoin; the last Bitcoin is expected to be mined in the year 2140. The 18,500,000 millionth Bitcoin was mined in September 2020, as the current issuance rate is 6.25 Bitcoin per block. The next halving, where the issuance rate is cut in half, is scheduled for 2024.
Read more...
Bert de Groot, founder of a Bitcoin flower
Cryptonaire Weekly | April 5th 2022
14
+44 (0) 207 558 8486
Cryptonaire Weekly | April 5th 2022
15
+44 (0) 207 558 8486
Celo Rises 15% on Barcelona Reveal of $20M 'Connect the World' Campaign
Intel Launches New Bitcoin Mining Chips Focused on Sustainability Jack Dorsey’s Block will be among the first companies buying the chips, which are designed to be more energy efficient. Intel today launched its “Intel Blockscale ASIC,” a second-generation Bitcoin mining chip announced in February.
The team announced on Monday at Celo Connect in Barcelona that it's launching a campaign to incentivize development of Celo on- and offramps. CELO, the token of Celo, a proof-of-stake layer 1 blockchain, jumped in cryptocurrency markets on Monday as officials announced a new $20 million incentive campaign at the start of the Celo Connect conference this week in Barcelona, Spain. The token's price has risen 15% in the last 24 hours. CELO was trading at $4.20 at press time and is up almost 50% over the past 30 days. At an event in Barcelona on Monday, the Celo Foundation announced "Connect the World," a $20 million campaign to incentivize the development of high-quality Celo on- and offramps worldwide. The foundation also introduced "Fiat Connect," an open-source application programming interface (API) specification for payment providers that will make integrations more scalable, according to Celo Foundation’s Medium post,
The chip features a 580 GH/s (gigahashes per second) hash rate, while consuming just 26 J/ TH (joules per terahash), making it much more efficient. Hash rate measures how quickly a miner can generate answers to Bitcoin’s next block, while joules per terahash measure how much energy is consumed to produce every terahash. A terahash is 1 trillion hashes. For comparison, Bitmain’s Antminer S19 Pro+ Hyd delivers a hash rate of 198 TH/s while consuming 27.5 J/TH, and MicroBT’s Whatsminer M30S++’s related specs are 112 TH/s at 31 J/TH. As Intel explains on built with a focus on the context of ESG governance) concerns the industry.
its site, the chip was energy sustainability in (environmental, social, that continue to plague
For example, Ripple’s co-founder is now backing a campaign to end Bitcoin mining entirely, which cumulatively consumes more energy than Norway.
Celo is currently ranked 19th amongst decentralized finance (DeFi) platforms in terms of total value locked (TVL), according to analytics firm DeFi Llama. The coin has a market capitalization of $1.8 billion. “What also helps Celo is that it works using proof-of-stake and is offsetting carbon, which makes it appealing to many climate-focused investors,” added Moya. Read more...
Read more...
Cryptonaire Weekly | April 5th 2022
16
+44 (0) 207 558 8486
Trading in high-potential DeFi projects will be easy. This follows the launch of Bashoswap on Cardano, plus the on-going plans to include a scalable IDO Launchpad on the same network. Already, a private sale of Bashoswap native token ($BASH) is already in progress. The launch of Bashoswap is a notable breakthrough in the blockchain space. For one, several DEX platforms have tried integrating their services with Cardano but failed. For instance, Sandaeswap was accused of not being transparent. Secondly, Bashoswap features unique functionalities that will help solve the age-long challenges related to Cardano-based decentralised exchanges. Those include high gas fees, high-risk investment opportunities, low profits and lengthy, complicated trading procedures like long confirmation. The project will not just leverage the high demand for DEX services. Users will also be trading without KYC, swapping tokens in a flash at outrageously low gas fees, and earn rewards on holdings.
What Is BASH Token & How You Can Use It? BASH token is a Cardano Native Token deployed on the Cardano blockchain that will be used across the Bashoswap ecosystem. It will have multiple use cases, as BASH holders will be able to stake their BASH tokens, or provide liquidity on the Bashoswap DEX and use their LP tokens for yield farming other
Cryptonaire Weekly | April 5th 2022
Cardano native currencies and the mainstream ADA native assets. The initiative is set to allow trading without intermediaries. Furthermore, the Cardano native token will connect all early-stage ADA developers with the early adopters. The innovation will also allow for trading without the need for intermediaries. Owning the BASH will open a window of opportunities. The community will have the freedom to choose what best suits their needs. When it comes to presales, seed rounds and private sale of projects, BASH holders will be given the first priority.As of the time of writing, Bashoswap Inc Team is giving early adopters a first chance to grab BASH tokens through a flash private sale that would kick off on the 25th of March until the 10th of April, or until the private sale allocation has been expended. In order to participate, investors have to fill forms available on the platform. The whitelist for the private sale is accessible via https://whitelist.bashoswap.finance/. $BASH Token Information - BASH token can be purchased using ADA - The token price for the private sale is 0.055 ADA for 1 BASH token - Minimum purchase: 20,000 ADA - The lockup period is 3 monthS Since the token can be converted to fiat, crypto
17
+44 (0) 207 558 8486
enthusiasts, influencers and the larger Bashoswap community will find it useful. The crypto market is synonymous with speculation and volatility. In order to protect users against losses, users can employ different hedging techniques on the platform. Those who’d like to have the token as an asset are also welcome. This category of users can use the utility token to purchase goods and services, or buy and HODL. Furthermore, Bashoswap is a Cardanobased smart contract. Therefore, investors will be able to use $BASH across different launchpads within this network. The BASH partner program is meant for companies and private entities. As long as they qualify, institutions are free to invest in $BASH and help to reinforce trust. With increased uptake of this service, the price is will most likely rise to the benefit of investing corporations. They can also leverage platform for capital gains. Also, they can opt to trade $BASH for fiat and vice versa and make profits.
How the BASH Token Can be Used in Governance Aside from farming, staking, and fiat exchanges, the Bashoswap token will be used for governance. That will give the community a voice in crucial matters regarding this AMM DEX on Cardano. Rightly so, developers will be interacting with the Bashoswap community to identify areas of improvement. They also gather crucial input from the community regarding the management of funds and issues pertaining partnerships. Holders of $BASH tokens will automatically qualify for voting rights. Holding $BASH tokens simply means staking them in the governance pool or storing them in a name wallet. Plus, it’ll be possible to vote without removing the stake. The community will have access to proposals and can see them as often as they want to. Nonetheless, not everyone will be allowed to create a proposal. To qualify, users will need to satisfy the below requirements:
Additionally, voting power will be dependent on the amount of tokens held—the higher the amount, the greater the power. The reasoning here is that holding a significant amount of $BASH token indicates greater interest in the project. It makes sense to reward that category of users more voting rights.
Benefits of Bashoswap AMM The preference for DeFi over CeFi has seen the former take the lead across most major blockchain networks. However, Decentralised Finance has had its share of challenges. Top in list is the absence of liquidity closely followed by an overly long turnaround time when users switch between blockchain networks. The reason behind the challenges is an overwhelming number of trades for tokens and currencies that rarely compares optimally with the available traders at a specified time. Since DeFi systems feature restricted functionalities, settlements are pretty slow. Furthermore, many DeFi-enabled platforms feature Uniswap (the largest DEX trading platform) OR Pancake (a Binance AMM DEX) functionalities. These are often associated with outrageous gas fees. In some cases, the cost can surpass the trade, resulting in low profits. The platform was also deployed on Cardano in order to leverage Cardano’s abilities. Bashoswap’s IDO Launchpad idea will be the missing link between the community and high-potential DeFi projects. Once it goes live, the community will help solve liquidity challenges for innovative blockchain platforms while helping raise LP fees.
What are the Features of Bashoswap?
- Stake a specified amount of $BASH token in the governance pool
Following its launch on Cardano, Bashoswap is the newest DEX platform on the network. The event marked the beginning of the development of Bashoswap features on Cardano. Already, users are leveraging the opportunities locked within $BASH token since its private auction went live. Bashoswap’s ecosystem is set to redefine DeFi and DEX through several innovative features. Here’s what investors will be treated to:
Notably, creating a proposal is pretty straightforward. Qualify participants will only need to set their proposals start and end date then hit publish. Bashoswap’s proposal comprises a series of questions for the community to answer.
Scalable Cardano-based IDO Launchpad The Bashoswap founder and a team of seasoned developers included this feature to help solve challenges related to Uniswap. Consequently, the Bashoswap community will be able to invest in
- Own a BASHG NFT
Cryptonaire Weekly | April 5th 2022
18
+44 (0) 207 558 8486
multiple projects while enjoying pretty low gas fees.
Why Bashoswap is Based on Cardano Blockchain
Overlapping will be a non-issue, no matter the number of transactions happening across this AMM DEX. Users will be treated to break-neck speed, regardless of the type of transaction they’ll be involved in. In addition, increased liquidity will offer support to up and coming projects within the Bashoswap ecosystem. That’s because Bashoswap will help to link promising blockchain projects to the community to help them obtain the much-needed funding.
Cardano is among the top-performing blockchain networks. Its current market cap is about $27.4 billion. The figure is also expected to grow exponentially as more blockchain enthusiasts join the Cardano bandwagon.
AMM Technology The Automated Market Maker feature will enable the Bashoswap to actualise their plan of having a token swap protocol. In order to accomplish this goal, AMM technology will help to combine ADA and Cardano native tokens into a virtual pair. Meanwhile, a liquidity/swapping functionality will enable Liquidity Providers to select the best pool pair to accommodate LP fees. The $BASH Token The entire Bashoswap ecosystem is powered by its native token––$BASH. The currency will help in matters governance, staking and farming. So, the Bashoswap community will be involved in decision making. However, users will only qualify to vote if they already own a BASHG NFT, besides staking their $BASH token in the governance pool.
Cryptonaire Weekly | April 5th 2022
Unlike other popular blockchain platforms, Cardano hasn’t had a fully-functional, transparent and seamless DEX that investors would want to have. High gas fees, swift settlements and liquidity problems have plagued the giant blockchain network. The need to deliver way better user-friendly services prompted the creation and launch of Bashoswap on the Cardano network.
Team Behind Bashoswap A team of blockchain experts are the brains behind this unique AMM DEX platform. Beri Ardas, the founder, has extensive experience in the crypto industry. Plans to expand the team are ongoing and, upon completion, a senior smart contract engineer, chief product designer, a frontend developer and backend engineer will also be onboarded.
19
+44 (0) 207 558 8486
Cryptonaire Weekly | April 5th 2022
20
+44 (0) 207 558 8486
Cryptonaire Weekly | April 5th 2022
21
+44 (0) 207 558 8486
Crypto For Sandwich And Fuel: Aussie Convenience Store Giant To Enable Crypto Payment At 170 Branches Coinbase To Go on Hiring Spree Amid New Push for Expansion in Indian Market
T
op US crypto exchange Coinbase is making a new push to expand its presence in India with plans for a big hiring spree.
In a new blog post, CEO Brian Armstrong notes how Coinbase Ventures, the company’s venture capital arm, has already invested $150 million in Indian technology companies in the crypto and web3 space. Now, the exchange plans on quadrupling its presence in the country by adding 1,000 new full-time employees to its current staff of 300. Says Armstrong, “Coinbase’s Indian tech hub was launched last year and already has over 300 full time employees across India’s state and regions. We are excited to tap into the dynamic
Indian software talent to build out our products and will continue to invest heavily in our India hub. We have ambitious plans for India and seek to hire over 1,000 people in our India hub this year alone.” In a blog post in February, Coinbase’s Nana Murugesan, vice president for international and business development, announced the company’s plans for rapid expansion across the globe. Murugesan named India as one of the major market opportunities for expansion, highlighting the large number of unbanked people in the country, which is the second most populous in the world.
Cryptonaire Weekly | April 5th 2022
Read more...
B
y the middle of this year, Australians will be able to pay with crypto at service stations and convenience stores in South Australia, as private enterprises warily embrace digital currency payments. According to The Australian, On The Run (OTR), a prominent convenience store chain, will soon permit payment in Bitcoin and other digital currencies
Other companies that operate alongside OTR locations, such as Subway and Oporto, will also be able to accept the unique payment option. OTR’s parent company, the Peregrine Corporation, one of South Australia’s largest privately held enterprises, will also
22
to all of its customers south of Down Under. Crypto For Fuel And Snacks Patrons will be able to pay for petrol, snacks, and even a foot-long Subway sandwich with more than 30 cryptocurrencies. OTR has also opened numerous shops in Victoria, however it is unclear whether or not they will accept digital currency payments.
take bitcoin at its Subway, Oporto, and Smokemart locations. When the technology is fully operational in July, it will become the largest business in the country to take such type of payments instore.
Read more...
+44 (0) 207 558 8486
The advent of technology and the increased usage of the internet among people has led to the transformation in the working of various industries. This transformation has also affected the sex industry to a huge extent. The sex industry is assumed to be exciting, full of desires, and glamorous, however, nobody knows the complete picture and is unaware of the various hardships faced by the sex workers working over there. Sex workers are the centre of the sex industry, even though they are undervalued and their needs are not paid much attention to. They have to cope with differences and challenges in the industry. They often struggle to find solutions to their grievances. Even so, the escort industry tends to function in this manner exclusively, and numerous issues involving the sector go unnoticed. The purpose of this article is to examine the innovations that bitcci will bring to the escort industry via cryptocurrencies and the various services it has to offer to both its clients and sex workers. To begin, let’s understand what an escort platform is. The escort industry is an industry that consists of various agencies that provide escort services to clients and customers. During the booking process, a fee is paid to the escort agency and the other fees can be negotiated directly with the escorts. The
Cryptonaire Weekly | April 5th 2022
escort agency serves primarily as an intermediary between the escorts and the clients, and facilitates face-to-face meetings.
Introduction to bitcci The bitcci group was founded in the year 2017 by Christoph Elbert. The objective of setting up this platform was to transform the sex industry while creating a positive impact on it. bitcci has designed and developed various techniques and tools that would cover all the issues faced by workers and offer them a holistic solution. bitcci’s purpose is to provide both sex workers and customers a safe and protected environment. bitcci allows sex workers to offer their services via paid telephone calls, photographs, and video chats, as well as other methods. This is in order to create an environment that is safe and effective for both the sex worker and the client. bitcci also eliminates the hassle of using cash only. It has launched its cash token, as in many cases, cash transactions are difficult and may not always be available on time. In addition to offering cash points that can be used for transferring money to others. bitcci’s buildings and accommodations have been constructed with the highest level of security, and the most modern equipment is available to assist the workers, both personally and technically.
23
+44 (0) 207 558 8486
How does bitcci improve sex worker’s lives through the bitcci academy? Currently, bitcci is one of the most effective and preferred platforms for escorting. bitcci has developed an ecosystem that integrates modern technology and the latest and innovative IT solutions in order to be able to operate more efficiently. bitcci also pays much attention to the security that it offers to its workers. bitcci’s software is a forensic software that records the identities of workers and records the work of those workers. By using the bitcci software, regulators can access the realtime data of escorts and sex workers in a safe and reliable manner by connecting to an interface within the bitcci ecosystem. The bitcci portal and mobile apps developed by bitcci also make it the most preferred solutions for escorts. bitcci provides various opportunities and facilitates to its workers, thus helping to improve the quality of life. bitcci offers the following opportunities to its sex workers:
receive different types of training. bitcci group AG operates the Academy. The program offers workers the opportunity to train in whatever field they want. The bitcci Academy was created to help sex workers and let them feel confident, healthy, secure, and well prepared for the future. A wide range of training programs are available by the bitcci Academy. Some of them include: - Quality management training. - Information about the onboarding process, rules, regulations, etc. - Training related to the usage of the bitcci tools like apps, telephone and video calling, chats, etc. - Information regarding the payments and banking systems and also insights related to bitcci wallets. - Sports and wellness training. - Training in the particular language and achieving the language communication skills.
- Option to choose the workplace. - Flexible working hours.
- Safety measure mechanisms etc.
-Clients of their own choice.
- Management of money and retirement planning.
-The kind of services that a worker offers is also totally dependent on the worker.
- Programmes and training related to education.
- Accommodations; different from the workplace.
techniques,
self-defence
- Additional training related to how to deal with guests, sales, psychology, hygiene, nutritional aids, grooming and beauty.
- No restrictions on any kind of movement. - Sports offering, personal assistance services, textile services. and other relevant extended services. In addition to the above-mentioned services offered by bitcci, it has opened a bitcci academy, which proves to be a key factor in improving and enhancing the lives of sex workers. Now, let’s continue to discuss more about the bitcci academy. As part of bitcci, the sex workers have access to bitcci Academy, where they can gain knowledge or training on virtually anything they wish. A bitcci Academy is basically a place where sex workers
Cryptonaire Weekly | April 5th 2022
Which marketing techniques does bitcci use? By making effective use of digitalisation, bitcci is enabling its workers to provide services globally through its website. With the help of bitcci.com, sex workers have the most desired opportunity to market themselves independently. A chat system is available to the clients based on AI software available in 20 languages for the sex workers. This serves as a golden opportunity for the sex workers as they would be able to gain as many clients as they want, digitally, and earn accordingly. bitcci uses various kinds of marketing techniques.
24
+44 (0) 207 558 8486
Some of the techniques are as follows: - By the issue of the bitcci cash token - By advertising on the partner websites via banners - By participating in the viral marketing campaigns - Advertisements through bitcci TV - Cooperation with the press and media - Conducting bitcci affiliate programmes - Advertisement on the bitcci portal - Poster advertising in local areas
What are the benefits of the bitcci affiliate program for sex workers? bitcci outlines all the necessary measures to improve the lives of sex workers. bitcci offers its employees various self-determination programs to help them balance work and life at the same time. It also looks at the communication barriers and has a business model where various strategies are devised in order to reduce the barriers to communication.
Cryptonaire Weekly | April 5th 2022
Workers who are part of bitcci are able to market their services through a well-organised and robust system. A portion of the service includes arranging for the agencies to get professional photographs and videos taken of the workers and then promoting their services. Affiliate marketing is basically a concept where workers get paid for recommending products. bitcci has its own affiliate marketing program. Bitcci has also launched affiliate programs for sex workers in the midst of the bifurcation of commissions. Referrers receive a percentage of the income a sex worker generates through digital media. Here, the referrers might be another sex worker, customers, nightclubs or marketing partners. The commission that is paid to the referrer is in the form of digital currencies paid directly into the referrer’s wallet. Workers opening the bitcci portal would see a link in the bitcci app. This link could be used for the recommendation process. Sex workers can easily do affiliate marketing by clicking on the link and then forwarding it to contacts, groups, and others who may be interested.
25
+44 (0) 207 558 8486
On clicking this link, the person will be directed to a page that explains the benefits of the registration process. Also, the earning potential is very well explained in the form of a short video. Here, the sex workers also act as a referrer. They receive a particular amount of commission on the total amount generated by the sex worker to whom they referred the link. The affiliate marketing for the sex worker uses the tagine, “Sex workers recruit sex workers”.
bitcci also does viral and affiliate marketing, which can be seen on bitcci TV. The bitcci platform allows clients to connect to the core bitcci programmes and the contents that they might be interested in. bitcci TV thus helps to expand the number of clients and sex workers, and also enhances the productivity and reach of the business by promoting it through the TV channel.
Final thoughts bitcci TV – what is it? bitcci TV is the online platform launched by bitcci, which is used for promotional purposes. bitcci TV is not only informing about the bitcci ecosystem but also about the Crypto News. The bitcci TV channel has a team of professional female presenters that present the news about the whole bitcci ecosystem to its audiences. The professionals come live several times a week. The main objective of the programme conducted by bitcci TV is to motivate and encourage the sex workers and the male customers to register with the bitcci.com portal. Customers can even be motivated to purchase the bitcci cash tokens. bitcci platform has assumed that the bitcci TV would be able to spread drastically among a large number of customers. bitcci in the past has also conducted similar kinds of operations. It has a lot of experience in setting up an online broadcasting programme like content editing, external interviews, professional studio operations, live streaming, and also interaction with the customers globally through live streams, telephones and chats. bitcci TV serves as a very popular way to attract sex workers and prospective customers to come and join the bitcci platform. It helps to spread awareness of bitcci’s brand and thus increase the customer base internationally. How do companies use bitcci TV for marketing? bitcci TV is one of the strategies used by bittci. com to widen its customer base and attract new customers. On a weekly basis, the anchors, who are mainly women, inform the audience about the latest developments within the bitcci ecosystem and blockchain. The bitcci platforms conduct programmes that are designed in such a way that they are able to attract a wide crowd of people, such as escort girls, investors, affiliates, customers, marketing experts, governments and exchanges.
Cryptonaire Weekly | April 5th 2022
bitcci has the objective to revolutionise the sex industry to a significant extent. It provides various advantages and benefits to the workers. bitcci provides various opportunities to its sex workers to grow as an individual. One of the plausible services offered by the bitcci to its workers include a bitcci Academy, which provides the training services, modernised infrastructure and accommodation, modern and regulated club operation, and many more. bitcci aims at enhancing the lives of the sex workers and bringing a revolution in the sex industry. It has all the features and services that any worker would need for their job. As a result, all bitcci systems are totally AI-based and highly secured. bitcci has its own token, known as BTC, which can be used to build trust between the client and the workers. bitcci also has a central club management system, which includes the attendance records, planning of the various rooms, sales tracking, inventory management etc. bitcci is not just another company that provides sex workers with escort services. In fact, bitcci provides all kinds of services to its workers in a comprehensive and integrated way. In conclusion, we can say that bitcci is one of the companies that is bringing revolution to the sex industry. It has a vast range of services available to the company’s clients and workers. Additionally, bitcci has adopted a cash token or cryptocurrency that offers provides scalability and security to communications and transactions between clients and customers. bitcci offers its employees a holistic and never-ending set of opportunities, combining cutting-edge technology, innovative ideas, and winning strategies.
26
+44 (0) 207 558 8486
Cryptonaire Weekly | April 5th 2022
27
+44 (0) 207 558 8486
Indonesian Government Sets Crypto Tax at 0.1% to Be Levied Starting in May UK Unveils Comprehensive Plan to Become Global Crypto Hub With Dynamic Regulation
T
he U.K. government has unveiled a detailed plan to make the country a global crypto hub and “a hospitable place for crypto.” The plan includes establishing a dynamic regulatory framework for crypto, regulating stablecoins, and working with the Royal Mint to create a non-fungible token (NFT) to be issued by the Summer. U.K. Wants to Be ‘the Very Best Place’ to Start and Scale Crypto Companies The British government unveiled several initiatives Monday as part of its plan to make the U.K. “a global cryptoasset technology hub.” They include regulating stablecoins, legislating for a “financial market infrastructure sandbox” to help firms innovate,
The Indonesian government has decided to tax capital gains income from crypto investments at 0.1% starting in May. In addition, value-added tax (VAT) of the same rate will be levied on crypto purchases.
The Indonesian Directorate General of Taxes, the Ministry of Finance, has set income tax (PPh) on capital gains from crypto investments and valueadded tax (VAT) on crypto purchases at 0.1%.
Indonesia to Start Taxing Crypto Income at 0.1%
Hestu Yoga Saksama, director of tax regulations for the
Ministry of Finance, told CNN Indonesia Friday:
bank, Bank Indonesia, and the Ministry of Trade consider crypto a commodity, not a means of payment. He clarified:
holding a Financial Conduct Authority (FCA)-led Cryptosprint, working with the Royal Mint on a non-fungible token (NFT), and establishing an engagement group to work more closely with the crypto industry. The British chancellor of the exchequer, Rishi Sunak, commented: It’s my ambition to make the U.K. a global hub for cryptoasset technology, and the measures we’ve outlined today will help to ensure firms can invest, innovate, and scale up in this country. John Glen, the U.K.’s economic secretary to the Treasury, elaborated on the government’s crypto plan Monday at the Innovate Finance Global Summit.
Cryptonaire Weekly | April 5th 2022
That’s right, 0.1% PPh and 0.1% VAT (for crypto), all of which are final. He added that both the income tax and VAT on crypto purchases will be imposed starting May 1. According to the director, the Indonesian government has levied income tax and VAT on crypto purchases because the central
Crypto assets will be subject to VAT because they are a commodity as defined by the trade ministry. They are not a currency … So we will impose income tax and VAT.
Read more...
Read more...
28
+44 (0) 207 558 8486
Cryptonaire Weekly | April 5th 2022
29
+44 (0) 207 558 8486
Musk Takes Nearly $3B Stake in Twitter; DOGE Spikes
D Gensler Wants SEC and CFTC to Regulate Crypto Exchanges Together
S
EC Chair Gary Gensler asked staff to coordinate with the CFTC on ways to regulate crypto exchanges that feature both securities and nonsecurities. Crypto exchanges have long asked for clearer guidelines about what coins and tokens they can list. They may be about to get a double dose. In comments today at the University of Pennsylvania Carey Law School, U.S. Securities and Exchange Commission Chair Gary Gensler said that he's asked his staff to work with the Commodity Futures Trading Commission to find ways to "register and regulate platforms where the trading of securities and non-securities is intertwined." As its name suggests, the SEC is tasked with regulating securities,
which are investment products such as shares and bonds that people buy with the expectation of earning a return. The CFTC, on the other hand, regulates commodity futures—financial instruments that allow people to buy and sell commodities at a later date at a predetermined price. (In most cases, the actual commodities never transfer but are instead settled in cash; these futures are used to hedge positions in case an asset price dramatically rises or falls.)
on't miss CoinDesk's Consensus 2022, the must-attend crypto & blockchain festival experience of the year in Austin, TX this June 9-12. Elon Musk has taken a 9.2% stake in social media company Twitter (TWTR), according to a regulatory filling on Monday. Musk purchased 73,486,938 of common stock in the social media company, according to the filing. Based on Twitter's last closing price of $39.31, the stake would be worth $2.89 billion. Musk, the CEO of electric-car maker Tesla (TSLA), is a staunch backer of cryptocurrencies and often uses Twitter to publicly announce his views on crypto. Foreshadowing or planned action? In a March 25 Twitter poll, Musk had asked
users whether they believe the platform adheres to the free speech principle because he believes it is essential to the functioning of a democracy. He also said the results of this poll would be vital. Over 70% of respondents voted "no," implying they do not think the platform adheres to the free speech principle. Musk later asked users if a new social media platform is needed. In an analyst note released on Monday after the news, Daniel Ives of Wedbush Securities wrote that it "looks like Elon has his eyes laser set on Twitter and we would expect this passive stake as just the start of broader conversations with the Twitter board/management that could ultimately lead to an active stake and a potential.
While the SEC and CFTC have traditional assets well covered, Brett Harrison, CEO of crypto exchange FTX US, told Decrypt, "What makes crypto interesting is... that the assets aren't very clearly defined as to what sort of asset class bucket they fall into."
Read more...
Read more...
Cryptonaire Weekly | April 5th 2022
31
+44 (0) 207 558 8486
In the US, publicprivate state associations form networks of support for crypto businesses
S
tate-level organizers in the U.S. are working hard to advance the blockchain and crypto markets and their emerging players.
When you think of a crypto-friendly U.S. state, Washington is hardly the first to come to mind. Yet, a lot has been happening on the ground in the Pacific Northwest
lately. Washington Governor Jay Inslee signed a bill, SB5544, into law on March 30. The new legislation creates a working group of seven state officials and eight trade association leaders to examine “various potential applications of and policies for blockchain technology” and report to the governor in December 2023.
Republican state Senator Sharon Brown, one of the sponsors of the legislation, said, “By creating the Washington Blockchain Work Group, we are sending a clear message that Washington is ready to start working with the private sector to advance this technology for the benefit of all Washington resi-
squad, Jones has helped pioneer a novel metaverse membership project dubbed Red Lion Sports Club (RLSC), in partnership with media platform Antourage.
Man United Ace Lifts Lid on New MembersOnly Metaverse Project Phil Jones has become the latest sports figure to invest in the
metaverse. The longest-serving Manchester United player in the current
Cryptonaire Weekly | April 5th 2022
The Sports Club is a dedicated online space where fans and athletes can come together to play games, watch content, enter competitions and support charitable causes. Access is limited to just 4,000 members, with a metaverse-ready NFT acting as a key to the curated content within. These hot digital
32
dents, employers and workers." Washington Technology Industry Association, or WTIA, vice president of public policy Molly Jones described the law as an "important and foundational step to growing Washington's blockchain sector. Read more...
commodities are to be tokenized on Solana’s high-speed blockchain, priced at 2 SOL per NFT (around $250 at today’s prices). A Rich Metaverse Experience Jones has been the subject of online abuse for the majority of his injuryhit career, and the 2013 Premier League winner is famous for quitting social media back in 2017. But the defender has kept busy during this absence, using the time to instead focus on family and learn about new, emerging technologies. Read more...
+44 (0) 207 558 8486
Online gaming has become a phenomenon that cannot be ignored. There are millions of gamers worldwide, some of whom play professionally, others casually. Despite being a niche industry a year ago, gaming has become the norm for many young people today. When gamers used to spend the entire day playing games on their computers, they were accused of “wasting their time”. Despite the disadvantages of spending endless hours playing games, this hobby has evolved into one of the most lucrative careers in the world. Today, gaming has become a synonym for fun and a way to make some serious money. Play-To-Earn games are becoming increasingly popular due to players earning real-life rewards for their time and effort. The P2E economy has spawned a whole new world of in-platform assets to create, sell, or exchange for money. Several big industries are emerging in this category, Fork Gaming’s Project Chosen Ones being a perfect example of that.
There is nothing more to NFT games than games. You can play them in the same way you would play any other game. However, blockchain technology makes them different from other games. They provide an element of rarity and uniqueness. Apart from simply playing, you can also make good money by playing the game.
Why are P2E Blockchain Games better than Traditional Gaming? The major monetisation methods used in traditional online gaming are affiliate marketing, in-app purchases, and in-app advertising. Nowadays, gamers spend in-game coins to purchase virtual items. However, these coins have never gained value beyond the game’s scope. Blockchain gaming is especially appealing since it allows players to add value to their purchases. Games that use blockchain often store tokens or NFTs, such as in-game products, on a distributed ledger. As a result of the blockchain, game products can be traded for cryptocurrency and then converted into real money.
What is Play-To-Earn Gaming? Play-to-Earn games, as their name implies, offer players a reward for participating. It might seem pretty simple, but it marks a huge departure from how gaming has been made for decades. There are multiple ways to earn NFTs on Play-To-Earn, which can be exchanged for fiat currency or other tokens.
Cryptonaire Weekly | April 5th 2022
The in-app purchase system allows players to purchase things directly from the game, like coins, extra lives, custom characters, outfits, accessories, etc. When it comes to blockchain gaming, in-app purchases are carried out through blockchain. On the other hand, in traditional games, game developers
33
+44 (0) 207 558 8486
typically own stores where players can buy their assets, which is why they are rich rather than the players. Furthermore, players cannot control the game life cycle in traditional games. If the server is turned off, unused virtual properties will be removed from the server, and players will no longer be able to access them. Gaming merchandise belongs solely to the game operators, not to the players.
of the exciting features of Chosen Ones NFT game are listed below.
Modern-day games allow digital ownership without the stakes or values associated with crypto games. Although you can own assets in-game, you cannot sell them to other players. In comparison, the entire concept of blockchain games is drastically different. From ownership of virtual assets through decentralised operations, assets owned by players can be used in a variety of ways beyond the gaming experience.
Competitive matchups allow players to earn NFTs every time they compete Chosen Ones allows them to play against randomly selected opponents. It allows players to participate in different types of missions. Whoever ends up winning earns some nice NFTs.
What makes Chosen Ones an excellent game NFT to add to your collection? Fork Gaming – the largest professional esports organisation in Latin America – is behind Chosen Ones. Fork Gaming also owns Infinity Esports. Chosen Ones provide amazing features that are impossible to be compared to any other NFT ever created. Chosen Ones NFTs can be used as avatars in the metaverse or as characters in the upcoming Play-to-Earn auto-battler and MOBA games. Some
Cryptonaire Weekly | April 5th 2022
Many in-game rewards Chosen Ones gaming economy provides players with lucrative rewards. The game rewards players with NFTs that can be converted to fiat currencies later.
Merchandise and events in the real world Chosen Ones offers gamers the opportunity to participate in real-world events. Players can also shop for real-world merchandise. Heroes Club Membership As owners of Chosen Ones NFTs, you will automatically be upgraded to VIP status and have access to the exclusive Heroes Club. Furthermore, you’ll receive special benefits that will blow your mind and make others envious of you. By becoming an early supporter, you’ll be rewarded with free airdrops and access to the Chosen Ones membership
34
+44 (0) 207 558 8486
club in the metaverse, which is a great way to meet and talk to other Heroes. Chosen Ones is a Fork Gaming Project; therefore, they are already working on making the game smooth. There are over one hundred players and eighty streamers who represent Fork Gaming in League of Legends, CS: GO, and Dota2. Their team, Infinity Esports, is sponsored by top brand names such as BMW, TikTok, Tigo, Logitech, Subway, Office Depot, and Kappa. Therefore, you can quickly understand the potential of their business; they are creating the best gaming ecosystem. Moreover, they are a more reliable investment platform since they have partnered with Good Gamer Entertainment. The company is in the process of developing a world-class NFT game on Unity.
A guide to buying Chosen Ones NFTs Chosen Ones marketplace allows you to buy, sell, and trade Chosen Ones NFTs. Currently, Chosen Ones supports about 30 of the most popular crypto wallets. The following process explains how to buy Chosen Ones NFTs (this will only work once the NFTs are available to mint). - To get started, go to https://mint.chosenones.io. - Connect your wallet by clicking on the “Connect Wallet” link. - If you want a reliable transaction experience, we recommend you use MetaMask for your crypto wallet. - When your wallet is connected with Chosen Ones, you can purchase game NFTs. Once you purchase an NFT, it will be “minted” to the Polygon network on the Ethereum blockchain. After that, it is recorded that you own the NFT. Additionally, it will mention the time, the date, and the price. You will be able to view it on Chosen Ones NFT marketplace. These NFTs can be used as avatars in the metaverse or as Play-to-Earn battlers in the upcoming game.
people will continue interacting with and perceiving traditional socioeconomic structures like financial institutions, markets, and governments differently. Play-to-Earn games serve as proof of concept for a self-sustaining financial system and ownership structure that lend themselves to different emerging digital environments. The growth of blockchainbased gaming is accelerating, and it has the potential to become the next big thing in gaming. Several factors have contributed to this, including the popularity of mobile gaming, the acceptance of cryptocurrency, and the development of blockchain technology. The future of P2E games looks bright if they can attract a large audience and if the games can prove they are able to retain customers. Among the main reasons that people engage in Play-to-Earn games is that they are free to play and provide free crypto coins. The graphics in many crypto games are not good, and they are not very engaging. These are serious shortcomings. Contrary to other NFT games, the developers of Chosen Ones are working hard to provide entertaining and high-quality graphics for a better gaming experience. The beta version of the game will be released next quarter. By partnering with the Good Gamers Team, they’ll make sure to release one of the best NFT games.
Conclusion There’s no doubt that blockchain gaming has a bright future for e-gaming, and there are plenty of merits to help support that point of view. With the rise of Play-to-Earn business models, players and developers can monetise their time spent on a hobby they enjoy. Through NFT gaming, players interact with each other’s collectibles and digital collectibles. NFTs can now be earned in new ways, thanks to Game-Fi. Nowadays, making money is no longer only about luck and collecting; it’s also about playing. When playing P2E games, Chosen Ones can be the best platform for earning money. Having exclusive games will not pose any problems for gamers, as they will release only the best. Investing in Chosen Ones game’s NFT will help you smooth your gaming experience and start your journey into NFT gaming.
Play-to-Earn Gaming: What’s Next? Even though Play-to-Earn is a new niche, its influence extends beyond gaming. Despite these changes,
Cryptonaire Weekly | April 5th 2022
35
+44 (0) 207 558 8486
Institutions Pour Capital Into Ethereum, Solana, and Additional ETH Competitor As Sentiment Recovers
A
leading digital assets manager says institutional investors have regained an appetite for altcoins after market sentiment had a rocky start in 2022. According to the latest CoinShares Digital Asset Fund Flows Weekly Report, crypto investment products saw $180 million in inflows last week, with the vast majority of the inflows deriving from Europe. “Digital asset investment products saw inflows totaling $180 million last week while the reporting of some late trades pushed up the previous week’s inflows from $193 million to $244 million… A regional divide remains, with 99% of inflows derived from Europe, while the Americas
remain hesitant, seeing only $1.7 million of inflows.” In step with its share of the market, digital asset investment products focused on Bitcoin (BTC) enjoyed inflows of $144 million last week. Despite the big numbers, CoinShares says BTC investments are lagging compared to last year. “Bitcoin saw inflows [last] week totaling $144 million, bringing yearto-date inflows to $350 million… Inflows are lagging relative to last year, where Bitcoin saw inflows totaling $3 billion in the first quarter, a particularly euphoric period for the asset." “Ethereum saw inflows totaling $23 million last week.
Read more...
Cryptonaire Weekly | April 5th 2022
Retail Cardano Wallets Reached New All-Time High as ADA Jumped 5%
R
etail Cardano investors have been on the rise in the past several months, while large whales have reduced their ADA holdings. On-chain analysis has shown that the number of mid-size ADA addresses has reached ATH. This may have contributed to the recent rally of ADA breaking from the months-long downward channel and now sitting above $1.20. In contrast, addresses holding more than 10K ADA have reached ATL. This could be a warning sign that mega whales may have been gradually decreasing their exposure to ADA. According to the latest Cardano on-chain analysis provided by Santiment, the number of mid-tier addresses, holding in between 100 to 10K ADA, has reached All-Time-High, accounting for 16.8% of
36
the supply in circulation. However, addresses owned by mega whales who are holding more than 10K ADA, have declined to All-TimeLow, around 83.1% of the total supply. On Nov. 10th, the number of such addresses surged to the highest point in the past six months, accounting for 83.86%% of the total circulating supply. The graph drafted by Santiment also indicates that addresses holding 0 to 100 ADA have been steadily growing for more than six months, but they still only account for around 0.12% of the total supply. This is an indicator that midsize investors have been actively accumulating ADA, while mega whales have been lowering their holdings to a historic low point.
Read more...
+44 (0) 207 558 8486
Cryptonaire Weekly | April 5th 2022
37
+44 (0) 207 558 8486
Ledger partners with The Sandbox to promote crypto education in the metaverse
T
he French crypto wallet company Ledger will educate people about crypto security using the virtual reality of The Sandbox.
Hackers target Trezor crypto wallet users after mailing list got compromised
A
malicious actor used social engineering to access an internal tool used by newsletter delivery service Mailchimp. Hardware cryptocurrency wallet manufacturer Trezor has divulged that its customers are being targeted by socalled “phishing” attacks after Mailchimp, the firm’s email automation service provider, was “compromised by an insider targeting crypto companies.” “We are currently investigating how many customers might have been affected following an insider compromise of a newsletter database hosted on Mailchimp,” Trezor wrote in a blog post today, adding:
that a malicious actor accessed an internal tool used by customerfacing teams for customer support and account administration. The bad actor gained access to this tool as a result of a successful social engineering attack on Mailchimp employees." Keep your app close, keep your seed phrase closer Further, the attacker is specifically targeting crypto-related companies, Trezor noted. As a result, its wallet users began receiving phishing emails on Sunday, April 3, asking them to click a link that leads to the download page for a “Trezor Suite lookalike app.”
“The Mailchimp security team disclosed
Cryptonaire Weekly | April 5th 2022
Read more...
Cryptocurrency hardware wallet provider Ledger has partnered with blockchain game The Sandbox to promote crypto education in its virtual world. Ian Rogers, Ledger’s chief experience officer, announced the
tom Ledger Nanos as part of the partnership. In an exclusive statement to Cointelegraph, Rogers pointed out that the most important part of the partnership will be educating people around security. He stated: “The reality is that educated people become
38
news at Non-Fungible Conference on Monday. He said that the new partnership aims to bring security into The Sandbox’s world and provide Ledger with a place in the game to educate people about crypto. Rogers thanked The Sandbox and Sebastien Borget, the company’s co-founder and chief operations officer, for the opportunity, noting that Ledger will provide SAND owners with cus-
Ledger customers, and so we just want to make sure that all people have all the education they need to be safe and to properly manage this incredible right and freedom that they have of self-custody.”
Read more...
+44 (0) 207 558 8486
Cryptonaire Weekly | April 5th 2022
39
+44 (0) 207 558 8486
WWW.PLATINUMCRYPTOACADEMY.COM
Cryptonaire Weekly | April 5th 2022
40
+44 (0) 207 558 8486