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Tag: on-chain

Second Parachain Auction Winner Moonbeam Goes Live on Polkadot

The launch makes Moonbeam the first fully operational parachain on the Polkadot network.

Bitcoin won’t witness a recovery until this happens

The recovering market is slowly losing its strength since the overall crypto market led by the king coin Bitcoin itself made barely any difference in the last seven days.  Bitcoin in a rut  Last week after Bitcoin dipped by over 13% in just a couple of days, some ray of hope came in the form […]

Top 10 Crypto Stories of 2021 | Footprint Analytics Annual Report 2021

In 2021, crypto finally broke away from being just BTC and ETH into a multifaceted industry with dozens of promising chains, tokens, projects and applications.   Some of these projects, especially in GameFi, stopped being tied directly to the price of Bitcoin and began being appreciated as major developments in their own right.

The post Top 10 Crypto Stories of 2021 | Footprint Analytics Annual Report 2021 appeared first on CryptoSlate.

How Zero-Interest SETUSD Loans Work in Setheum — Islamic DeFi 101 | Muhammad-Jibril B.A.

This is a story on Islamic Decentralised Finance 101, we will look into how the SetMint CDP (Collateralised Debt Position) Halal loans…

Retail Investors Are Buying Bitcoin While Whales Are Selling

On-chain analysis shows that retail buying is accelerating while whale supply is declining.

Bitcoin Miners Show Strong Accumulation As Their Inventories Spike Up

On-chain data shows Bitcoin miner reserve has showed a sharp spike recently, suggesting that miners are currently loading up on the crypto. Bitcoin Miner Reserve Shoots Up; Trend Of Accumulation From Last Year Continues As pointed out by an analyst in a CryptoQuant post, the BTC miner reserve has shown strong uptrend recently. This seems to be a continuation of the accumulation trend from the last year. The “miner reserve” is an indicator that tells us the total amount of Bitcoin currently stored in the wallets of miners. When the trend in the metric is towards up, it means miner inventories are growing as they stock up on more of the coin. Such a trend can be bullish for the price of the coin as it shows miners are currently accumulating BTC. On the other hand, a downtrend in the indicator implies miners have started to dump their Bitcoin. This kind of trend is naturally bearish for the price of the crypto as miners usually sell in big amounts. Related Reading | Why Sovereign Nation States May Begin Acquiring Bitcoin In 2022 Now, here is a chart that shows the trend in the BTC miner reserve over the past couple of years: Looks like the value of the indicator has showed sharp uptrend recently | Source: CryptoQuant As you can see in the above graph, the miner reserve has been gradually moving up since May. A few days back, when the price of Bitcoin dropped down to $39k, the metric showed a huge spike up as miners bought the dip. Related Reading | Jack Dorsey’s Block To Democratize Bitcoin Mining With Open Source Mining System Miners have traditionally been big sellers in the market as they have had to sell some of what they mine to keep their operations running. However, as BTC’s price has risen, and their machines have gotten more advanced and efficient, miners have started selling lesser as it’s enough to sustain electricity and other mining costs. Miners, who have originally always brought selling pressure to the market, have been shifting towards becoming hodlers for a coupe of years now. This can be quite bullish for the price of the coin in the long term. BTC Price At the time of writing, Bitcoin’s price floats around $42k, down 0.6% in the last seven days. Over the past month, the crypto has lost 10% in value. The below chart shows the trend in the price of BTC over the last few days. BTC's price plunges down after breaking above $44k | Source: BTCUSD on TradingView BTC managed to reach as high as $44.4k in its recent move up, but today the crypto has once again come back down, erasing the gains of the past couple of days. Featured image from Unsplash.com, charts from TraadingView.com, CryptoQuant.com

Curtis Sword Becomes the First Blockchain-based Large-Scale 3D ARPG

Players can now explore fun blockchain games, interactive social networks, and a wide range of products and services with complete autonomy. Curtis Sword also offers union members a brand new opportunity to discover their self-worth and dedicate themselves to this new "Meta Universe."

Curtis Sword Assets Economy

You will find three types of assets on the blockchain: Curtis Sword Coin (CSC), GOL (Gold), and NFT props. CSC is mainly used for on-chain activities, including NFT equipment purchase, upgrades, transactions, and character items. Pledge mining, etc.

GOL (Gold) is the game's token. On the map, it is accessible to all players. It can take many different forms. The main goal is to invest in the treasure mine by trading with NPCs like blacksmiths and merchants. GOL is primarily used for in-game activities such as the majority of gold output income, the purchase of copy tickets, and so on.

NFT is the game's third-largest economy. You can directly exchange CSC tokens from ordinary blind boxes and mysterious blind boxes for unknown NFT items. Simultaneously, you can sell your NFT items or buy other items in the NFT market. NFT items, which means that you can get calculable income during the battle and unexpected NFT item income. These items will yield high returns because of their rarity and combat power value.

Tokenomics

In the world of Curtis Sword, there are two digital currencies: Curtis Sword Coin (CSC) and Gold (GOL). As a result, to ensure the scalability of the Curtis Sword game, the platform requires some physical token group allocation.

The total number of CSC tokens available is 210,000,000. The maximum daily output is 120,000. The production reduction mechanism will be activated when the output reaches 105,000,000, and Sword Coin will reduce the daily production to 60,000. The platform will trigger the production reduction mechanism again if the output reaches 157,500,000, and the daily output will drop to 30,000, and so on.

GOL tokens have a maximum supply of 100,000,000,000. GOL is an online currency that can be explored, bought, traded, and exchanged in the Curtis Sword universe. It also entails more significant risks and economic fluctuations, necessitating an ample supply to ensure that each player has enough to use in the Curtis Sword universe. 

The total maximum supply of GOL tokens in the game is capped at 100,000,000,000 GOL, making them easier to obtain and more practical than CSC.

Join to Play Curtis Sword!

Everyone has the same opportunity, and by starting with the same fundamentals, you can develop your own game style by selecting the props you equip to increase game fun and revenue efficiency.

Each section of the off-chain game terminal is based on the role played: battle through levels, copy drawing, tower of ash (survival mode), ladder competition (ranking mode), and treasure mine (pledge mining). The rank and combat power calculation formula can yield the corresponding gold profit. The initial investment cost's payback period is currently 10 to 15 days.

About Curtis Swords

Curtis Sword is the first 3D NFT ARPG game on the blockchain, seeking to redefine metaverse gaming. The game is available on mobile phones, in both the IOS and Android versions. It is a P2E gaming ecosystem, where players battle tough bosses and earn NFTs that are worth lucrative profits. The collection of NFTs yields rewards that are backed by digital currency-asset returns.

You can get more information on the game at their;

Website: https://www.curtisswords.xyz/

Telegram: https://t.me/curtissword

Twitter: https://twitter.com/curtissword_nft

Medium: https://medium.com/@curtissword1

Discord: https://t.co/pbpp1eVNAY

Youtube: https://youtu.be/QYsMzxl15yk

Price analysis 1/14: BTC, ETH, BNB, SOL, ADA, XRP, LUNA, DOT, AVAX, DOGE

Right now, bulls are buying each dip and bears are selling the top of each rally, suggesting that BTC and altcoins will remain range-bound for some time.

Calamari Network Rolls Out Community Governance Measures As Decentralization Efforts Advance

Boston, Massachusetts, 14th January, 2022, Chainwire Feature Will Invite More Widespread Community Participation In Key Network Decisions  Substrate-based DeFi privacy protocol, Manta Network, has launched the community governance feature for its Kusama-based network Calamari Network. Earlier this year, the Manta team had activated the necessary features for on-chain governance on Calamari through a runtime upgrade.  […]

Moonbeam Network Launches: Now Live on Polkadot

The fully Ethereum compatible smart contract Moonbeam platform, has launched on Polkadot. The game is on, and the Moonriver fans are thrilled with the new range of possibilities. The now first fully operational parachain on Polkadot, opens a door for more than 80 projects to deploy on Moonbeam. It is all happening right now. After [...]

The post Moonbeam Network Launches: Now Live on Polkadot appeared first on Blockonomi.

The Defiant’s Go-To Guide to OpenSea Challengers

A bevy of NFT marketplaces are challenging OpenSea's domination with a number of features.

Here’s Another Airdrop—Be Careful Bots Don’t Steal Your Ethereum

Key Takeaways Trading bots have extracted hundreds of Ethereum from the WTF/WETH liquidity pool on Uniswap. The fees.wtf team did not supply enough liquidity to...

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