People are enticed by chance to earn significant on minor moves. The value of a derivative is derived from the

The post has appeared first on thenewscrypto.com

TOMB Finance - The first algorithmic stablecoin in the Fantom ecosystem, pegged to the price of 1 FTM Token via seigniorage.

Some of the strengths of the Tomb project that almost everyone is probably already aware of, such as: The TOMB token used in the rapidly growing Fantom ecosystem - so the users , the community, the audiences, the developer.... are very strong especially for an extremely large user base. In fact, the  pieces in Fantom's DeFi are also quite complete, the pieces have the effect of creating value and influencing each other and always bringing sustainable value to each other. The actual result can be seen that TOMB Token price spiked to over $2 as Fantom kept hitting ATH levels (nearly x10), while TSHARE price surged to a staggering $4,985.80 and shows no sign of stopping.

Following the successes of Tomb Finance, SHARKFI FINANCE was born as a more complete version, giving you more investment opportunities in the future. The project hopes to bring a more quality user community with the improvements and further developments of SHARKFI FINANCE. 

Similar to Tomb, SHARKFI FINANCE will be built and developed in the Fantom ecosystem, pegged to the price of 1 FTM Token through the seigniorage* mechanism.

* Seigniorage Model: Algorithmic Stablecoins using the Seigniorage Model have more than 1 token, usually 2 or 3 tokens. The first token is pegged at a specific price (usually $1), the remaining tokens will have different strategies to increase or decrease the supply as the price of the first token increases or down from the fixed price (usually $1).

The stablecoin algorithm can be understood as a stablecoin with a simple elastic supply and demand mechanism that equalizes the price at a specific level (usually $1), but in this case the SAFI Token is pegged to 1 FTM coin. The supply adjustment mechanism of SAFI Token will increase or decrease its price in accordance with the price of FTM Token.

SHARKFI FINANCE also runs on Fantom with 3 tokens: SAFI - FSHARE - FBOND but the fee is much lower than other projects.

$SAFI : the algorithmic token of SHARKFI FINANCE pegged to FTM through seigniorage. 

* Use as the medium of exchange and an alternative to FTM.

$FSHARE : Token that measures the value of the  SHARKFI Protocol

* Stake to receive $SAFI in Masonry.

* Participate in governance.

$FBOND : Token that helps incentivize changes in SHARKFI supply

* Earn from arbitrary opportunities.

* Maintain the price of $SAFI

You can earn a lot with just a tip :

 If $SAFI is UNDER the peg 

1 Buy $SAFI and exchange it for FBOND. If you are LP'ing, you can break the LP to exchange $SAFI for $FBOND, and use the remaining $FTM to buy $SAFI to also exchange for $FBOND. Now you have a big fat bag of $FBOND, and you've also helped bring $SAFI back above peg so that the Masonry can resume printing.

2️ Sell $FBOND for a redemption bonus once $SAFI is back to normal or above the peg (above 1.1 TWAP).

We appreciate early birds of the SHARKFI FINANCE . It also means that those who come first will have a better chance of making much more profit as we can buy SAFI at a lower price than ever before.

Here, we provide some background information about :

KEY Metrics SAFI
• Token name : SAFI
• Ticker : SAFI
• Blockchain : Fantom
• Token type : Utility

KEY Metrics FSHARE
• Token name : FSHARE
• Ticker : FSHARE
• Blockchain : Fantom
• Token type : Utility, Governance

KEY Metrics FBOND
• Token name : FBOND
• Ticker : FBOND

SHARKFI Finance grows in tandem with Fantom's development. Especially TVL of SHARKFI FINANCE will have a strong leap. Users will receive huge profits up to hundreds day by day. The objective of the project is pretty obvious: To support the Fantom token - FTM. It is evident that the SHARFI FINANCE  token really helps the FTM token in general and the Fantom ecosystem in particular. More use cases and applications from the project can be expected to come online really soon, which can have a beneficial impact on Fantom.

Launching Date  : 14 March 2022

Website        : https://sharkfi.finance

Telegram Channel: https://t.me/SharkFi_Official_Channel

Telegram Group: https://t.me/SharkFi_Official_Group

Twitter: https://twitter.com/SharkFi_Finance

Email - Contact at sharkfi.finance

A type of fundraiser in which a company sells a new cryptocurrency is known as an initial coin offering (ICO). In exchange for their financial contributions, investors receive cryptocurrency. In many ways, an ICO is the cryptocurrency equivalent of a stock exchange initial public offering (IPO) While ICOs have the potential to make a lot of money, their lack of regulation makes them extremely dangerous. ICOs are a quick and efficient way for start-ups to raise capital. If you can figure out which cryptocurrency is a good investment, you can make a lot of money. What if you had an idea for a new cryptocurrency system that you could fundraise for without giving up any ownership in your business? Let’s call it DenCoin for the time being. The only issue is that you need people’s money to create the currency. Then there comes the initial coin offering. Here’s how it works. You create a document outlining exactly how the system would function (typically referred to as a white paper), design a nice website, and explain why it’s a great idea that could be very useful. Then you ask people to send you money (usually Bitcoin or Ether, but you can also accept fiat) in exchange for DenCoin – they hope that DenCoin will be widely used and in high circulation, increasing the currency’s value. How do initial coin offerings (ICOs) work? When a company decides to hold an ICO, the date, rules, and purchasing procedure are announced ahead of time. Typically, the purchasing process entails sending funds to a specific cryptocurrency wallet address. To receive the cryptocurrency that they have purchased, investors must provide their own recipient address. The majority of ICOs require investors to pay with another cryptocurrency, the most popular of which are Bitcoin and Ether. Sometimes projects announce themselves on the Bitcoin talk forum under the altcoins section. From there on, they dissipate the information regarding the ICO and lure the attention of early investors. The number of tokens sold and the token price during an ICO can be fixed or variable. Here are a few examples of how this can be accomplished: A fixed number of tokens and a fixed price: Both of these are determined in advance by the company, for example, by offering one million tokens at a price of $1 per token. There are a limited number of tokens available at a variable price: Based on the amount of money received, the company sells a fixed number of tokens at a fixed price. More funding results in a higher token price. If one million tokens are sold and $2 million is raised, each token will cost $2. A fixed price and a variable number of tokens: The company establishes a fixed price but does not limit the number of tokens sold. Assume a company sells tokens at $0.50 each until the ICO is over. Anyone can launch an initial coin offering (ICO). Because of the low barrier to entry, this process is used to launch a large number of new types of cryptocurrency. The History and Evolution of Initial Coin Offerings MaterCoin was the first initial coin offering (ICO) in the cryptocurrency space, held in August 2013. They ended up collecting $600,000 USD in bitcoins after announcing themselves on the Bitcoin form. Ether became the second ICO in this space in June 2014. At the time, it received 31.5K BTC (bitcoins) in exchange for Ether (ETH). How to start your own ICO? There is a lot more that goes into the ICO process in order to successfully raise funds. The most important aspect is to have a cryptocurrency project that people want to support. You should also consider how the cryptocurrency you launch will fit into the larger scheme of things. A whitepaper outlining your project, roadmap, and short- and long-term objectives. Conduct market research on other ICOs on a website before launching a social media marketing campaign to establish a social media presence. Challenges of ICOs Some ICOs are done solely for the purpose of luring money from investors, which is then dumped into major coins like BTC/ETH to make profits for themselves. Many ICOs operate in very shady or non-transparent ways. If you can keep yourself updated and assess an ICO properly, you can certainly get a piece of such gem pies. Which is better: IPO or ICO? The primary distinction between ICOs and initial public offerings (IPOs) is that IPOs involve the sale of securities and are subject to much stricter regulations. To conduct an IPO, a company must file a registration statement with the Securities and Exchange Commission and obtain its approval. A prospectus containing financial statements and potential risk factors should be included with the registration statement. An initial coin offering (ICO) is the sale of a cryptocurrency rather … Continued

The post What Are Initial Coin Offering (ICO)? appeared first on Cryptoknowmics-Crypto News and Media Platform.

Data indicates the non-fungible token (NFT) marketplace Opensea has crossed $20 billion in all-time sales. The leading NFT marketplace has seen more than 1.2 million traders leverage the platform since the market’s inception in 2017. 1.2 Million Opensea Traders and $20 Billion in Sales Volume Metrics show that the NFT marketplace Opensea has surpassed $20 […]

The post Cardano Feared to Plunge Hard, ADA Price Primed to Drain Nearly 50% appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide

Ever since the beginning of Q4 2021, the entire crypto space is swinging within a fixed price range. Despite the asset undergoing multiple sell-offs, it strongly maintained above $1 to showcase its tendency to reach higher levels. But in the upcoming days, one can expect a huge free-fall that could compel the price to hit …

Do you want to keep up with the times and make money all at once? Are you looking for new and effective passive income...

NFT platform and curated marketplace ArtGrails (https://www.artgrails.com/), today announced that Michael Cohen, Donald Trump's notorious “fixer” and author of the New York Times #1 bestseller “Disloyal: A Memoir”, will display and auction the first page of his memoir backed by a non-fungible token (NFT) containing a video of Cohen writing the page at Miami Art Week this week. The ArtGrails NFT exhibition will run from December 1 through December 12. 

The successful bidder will receive the original manuscript, which was handwritten by Cohen while serving the first days of his federal sentence in New York's Otisville Prison, as well as a never before seen NFT-backed video of Cohen working on the memoir's first pages from his holding cell. The video, recorded by an unnamed colleague, was filmed just before the former Trump attorney was sent back to his luxury Park Avenue apartment to serve the rest of his term.

Bidding will begin on December 1 at 5 PM Eastern Time and will go on till December 12, 5 PM Eastern Time; the auction is accessible via www.artgrails.com. In addition to the manuscript, ArtGrails is releasing a set of fixed price Cohen's prison badge in an NFT Edition release on December 12 at 4 PM Eastern Time, which will feature three different levels of rarity - Open, Gold and Grail. 

ArtGrails is a curated NFT experience, and as such, we are working with some of the highest caliber creators and artists in the market today.”  Says ArtGrails.com founder, Avery Andon. “When Michael [Cohen] came to me after deciding to release his manuscript and federal prison badge, I knew this had to be a project facilitated by our platform. Integrating an NFT into the release of these one of a kind physical items, not only validates them using blockchain technology, but it also gave us the ability to incorporate some creativity into the release.” 

In addition to the NFT-backed physical manuscript page, written on Cohen's personal letterhead, and his actual Prison Badge from Otisville Federal Prison, the team at ArtGrails is making available limited release NFT versions of Cohen's Otisville Federal Prison badge.  These NFTs will be released in three different levels of rarity, “open”, “gold”, and “grail”. 

ArtGrails will host a VIP party and Q&A media event in Miami's design district on Friday December 3rd; the event will feature a live video appearance by MIchael Cohen who will read from his manuscript and also take limited questions from event attendees and media. 

For more on ArtGrails and updates on Michael Cohen's NFT releases, visit: ArtGrails.com

About ArtGrails

ArtGrails is an NFT technology platform that aims to lead the market in high-end, exclusive, luxury collectibles sold as NFTs.  The high-touch, exclusive NFT platform has a hands-on approach to curating and selling contemporary art and believes in a future where every piece of art is tied to a unique NFT identifier, immutably tied to a blockchain.

Media Contact: [email protected]

We'll look into two different methods for learning to program, joining a coding bootcamp or self-learning.