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Sports / Liverpool Launches Fan Tokens, Enabling Fans Acquire NFT Players by coinsazette: 9:36am On Jul 27, 2022
Liverpool FC, a professional football club based in Liverpool, England, has successfully launched its digital currency to allow its fans to purchase non-fungible token players. Liverpool intends to use fan tokens to bring fans closer to their favorite club and athletes.

In a July 25 press release, the English premier league football club announced the successful launch of its digital currency dubbed $LFC. The new fan token will allow sports enthusiasts to purchase NFT players, among other functionalities.

By description, fan tokens are the form of a pass to the team. Unlike other memberships, fan tokens have no expiry. Sports fan can use their fan tokens to acquire non-fungible token avatars and list them on other digital asset exchange platforms.

Liverpool has unleashed an exclusive limited collection of 6,000 unique NFTs. These digital collectibles will give holders exclusive access to the game as each NFT will represent a character “avatar” playable in the club.

https://coins-gazette.com/post-detail/liverpool-launches-fan-tokens-enabling-fans-acquire-nft-players

Education / University Of Tokyo Plans To Offer Courses Within The Metaverse by coinsazette: 3:03pm On Jul 25, 2022
The University of Tokyo, Todai, has decided to offer a bunch of study programmes in the metaverse. The courses that will be introduced by Todai in the virtual world, will be available for students in high school classes as well as for those studying at the university level. Todai's foray into the metaverse is aimed at addressing the lack of trainers, skilled to help Japan undertake its digital transformation into the Web3 world. The project will be set by Todai's engineering vertical.

In a bid to tune its students, especially girls, in new age technologies, Todai will be offering courses in the fields of artificial intelligence (AI), entrepreneurial education, as well as next-generation communication technology, Japanese publication Asahi said in a recent report.

https://coins-gazette.com/post-detail/university-of-tokyo-plans-to-offer-courses-within-the-metaverse

Investment / BNB Chain Launches New Tool To Help Users Detect Malicious Projects by coinsazette: 10:29am On Jul 19, 2022
According to the company blog post, BNB Chain (BNB) is launching DappBay, a decentralized application (DApp) hub featuring Red Alarm, a new blockchain scanning tool that aims to detect crypto projects that are at high risk of being scams.

“DappBay is a DApp hub on the BNB Chain ecosystem that offers users the necessary tools to navigate the space more safely. DappBay features an easy-to-use contract risk scanning tool, Red Alarm, which identifies potential high-risk projects to help users protect their investments from potential risks.”

“DappBay shortlists and ranks the best recently launched projects, including Gamefi, DeFi (decentralized finance), NFT (non-fungible token), etc., based on market data.

With ‘Fastest User Growth,’ ‘Best Performing Tokens’ and ‘Trending’ rankings, you can easily find the newest and most popular projects, and swiftly seize investment opportunities.”

https://coins-gazette.com/post-detail/bnb-chain-launches-new-tool-to-help-users-detect-malicious-projects-and-scams

Sports / Amber Group Becomes The Official Global And Main Partner Of Atlético De Madrid by coinsazette: 10:05am On Jul 15, 2022
Starting from the 2022/2023 season, Amber Group will be the exclusive Official Digital Wealth and Digital Lifestyle Partner of Atlético de Madrid, aligning the company’s mission to responsibly democratize digital finance innovation with the universal reach of football.

WhaleFin will serve as the preferred digital asset gateway for Atlético de Madrid’s fans and will redefine the football fan experience in the metaverse. Amber Group will have exclusive rights to establish “Atletiverse”, a virtual island supported by Openverse, the company’s Web 3.0 enablement platform for creators, brands and businesses. Fans can expect one-of-a-kind fan experiences for the club’s fan community. Fans will be able to engage with like-minded fans from all over the world in the metaverse, and discover the utility of digital assets in both the virtual and real world.

Full details here
https://coins-gazette.com/post-detail/amber-group-becomes-the-official-global-and-main-partner-of-atletico-de-madrid

Investment / FSB To Propose Crypto Regulations To G20 Leaders In October by coinsazette: 10:52am On Jul 12, 2022
The Financial Stability Board (FSB) is an international body that monitors and makes recommendations about the global financial system.

FSB warned in February that crypto markets were fast-evolving, could represent a threat to global financial stability. FSB is working to ensure that crypto-assets are subject to robust regulation and supervision.
"Crypto-assets, including so-called stablecoins, are fast-evolving. The recent turmoil in crypto-asset markets highlights their intrinsic volatility, structural vulnerabilities and the issue of their increasing interconnectedness with the traditional financial system," The Financial Stability Board said in a statement.

An effective regulatory framework must ensure that crypto-asset activities posing risks similar to traditional financial activities are subject to the same regulatory outcomes while taking account of new features of crypto-assets and harnessing potential benefits of the technology behind them, FSB added in the statement.

https://coins-gazette.com/post-detail/financial-stability-board-to-propose-crypto-regulations-to-g20-leaders-in-october

Investment / Difference Between Crypto Coins And Crypto Tokens by coinsazette: 9:43am On Jul 06, 2022
Cryptocurrencies are classified under two more categories — crypto coins and crypto tokens.
Crypto culture seems to be expanding in and around the world. In a recent survey, investment firm Alto said that millennials aged between 25-40 years are seeing crypto assets as a viable savings instrument for long-term holdings. While we all have a general idea of what cryptocurrencies are, blockchain-built digital financial assets, they are further classified under two more categories — crypto coins and crypto tokens.

Crypto Coins

Crypto coins are the bigger bricks in the crypto pyramid. They are digital assets that have their own, dedicated blockchains.

Bitcoin, Ethereum, Solana, and Polygon are some known examples of crypto coins.

Crypto coins can be purchased and used the same way as we use money. These have longer shelf lives and can be swapped with other coins churning high market values.

Security wise, crypto coins are encrypted and secured on their blockchain networks keeping information accessibility limited to only the senders and the receivers.

https://coins-gazette.com/post-detail/difference-between-crypto-coins-and-crypto-tokens

Investment / Central African Republic Launches A Cryptocurrency Dubbed “sango Coin” by coinsazette: 10:00am On Jul 05, 2022
The President of the Central African Republic (CAR), Faustin-Archange Touadera, has unveiled Sango Coin. Sango is a national cryptocurrency for the CAR, and it would allow the country to continue supporting its agenda for cryptocurrencies.

The President of the CAR launched this cryptocurrency through a virtual event aired on Sunday. The “Sango Genesis Event” event also included a speech from the President regarding its plans for Bitcoin and cryptocurrencies.

In the speech, the President said, “Sango Coin will be the next generation currency for [the] Central African Republic.” The President further said that Sango Coin would be used as a gateway to access the country’s natural resources.

The government of the Central African Republic had earlier announced plans to tokenize the country’s natural resources. CAR is rich in natural resources such as copper, diamonds, and petroleum.

https://coins-gazette.com/post-detail/central-african-republic-launches-a-cryptocurrency-dubbed-sango-coin

Investment / Coca-cola Has Announced The Launch Of Its NFT Series. by coinsazette: 10:16am On Jul 04, 2022
Coca-Cola has announced the launch of its NFT series, dedicated to the LGBTQ community around the world. The Pride-themed series of digital collectibles is being designed in collaboration with Rich Mnisi, a South Africa-based fashion designer and advocate for LGBTQ+ rights. The NFT series will have a total of 136 pieces and is intended to propagate the idea that ‘love' is an energy that cannot be destroyed, but can be transferred and changed in form.

This project is being backed by the Polygon blockchain. Each NFT of the Cola-Cola Pride series will showcase the classic glass bottle of the beverage, refracting rainbow-like colours around it.

Glimpses of the NFTs have emerged on social media.

The digital collectibles from this series will be available for purchase in Polygon (MATIC) cryptocurrency. Presently, each Polygon coin is trading at $0.50 (roughly Rs. 38.70) as per Gadgets 360's crypto price tracker.

The capital collection from the sale of these Pride-themed NFTs will be donated to OUT, an LGBTQ+ charity selected by Mnisi.

Full detail here

https://coins-gazette.com/post-detail/coca-cola-has-announced-the-launch-of-its-nft-series-dedicated-to-the-lgbtq-community-around-the-world

Investment / Binance Signs Tiktok Star Khaby Lame To Drive Crypto Awareness by coinsazette: 4:54pm On Jun 30, 2022
With over 78 million followers on Instagram and over 145 million fans on TikTok, Khaby is one of the most followed social media influencers in the world.

In their recent post onTwitter, Binance revealed that it will be launching Khaby-exclusive NFT collections and drive crypto education.
Binance has roped-in TikTok star Khaby Lame to create awareness around cryptocurrencies and Web3 via social media. Lame, 22, is a Senegalese social media celebrity based in Italy. With over 78 million followers on Instagram and over 145 million fans on TikTok, Khaby is one of the most followed social media influencers in the world. He rose to fame when his silent ‘life hack' videos, simplifying complicated actions, went viral some years ago.

Full details here
https://coins-gazette.com/post-detail/binance-signs-tiktok-star-khaby-lame-to-drive-crypto-awareness

Investment / Coinbase Enables Staking To Offer Rewards For Staking Solana by coinsazette: 1:31pm On Jun 30, 2022
Coinbase is expanding the coin-staking portfolio for users. The cryptocurrency exchange has enabled Solana staking benefits, which in return will generate rewards for SOL investors. These rewards will be allotted for holding and staking SOL coins within Coinbase's network. The current estimated annual return for Solana staking on Coinbase is 3.85 percent Annual Percentage Yield (APY). The rewards will be distributed every three to four days.

Staking is a process that involves depositing crypto assets to support a blockchain network and validate transactions. Blockchains that support proof-of-stake (PoS) mining allows staking of held coins. Staking allows crypto holders to generate passive income.

Solana is a PoS blockchain. It allows SOL holders to hold their assets and churn returns.

“While it has been possible for individuals to stake Solana on their own, or through a delegated staking service, the process can be confusing and complicated. With today's launch, Coinbase is offering an easy, secure way for any retail user to actively participate in the Solana network and earn rewards,” Coinbase said in a blog post.

https://coins-gazette.com/post-detail/coinbase-enables-staking-to-offer-rewards-for-staking-solana

Investment / Meta, Formerly Facebook Launched Meta Pay To Facilitate Payments In Metaverse by coinsazette: 11:13am On Jun 28, 2022
Meta, formerly Facebook, is venturing deeper into the arena of metaverse and Web3. In a latest development, the company has launched its own wallet service as a universal payment mode that could be used in physical as well as the virtual world of the metaverse. The name of this wallet service is Meta Pay, which is essentially an evolution of Facebook Pay. Meta Pay will open accessibility to a wider array of digital goods that will bring along their proofs of ownerships, the company claims.

Mark Zuckerberg, the chief of Meta, revealed more details about Meta Pay in a Facebook post.

“Beyond the current features, we're working on something new: a wallet for the metaverse that lets you securely manage your identity, what you own, and how you pay,”

Zuckerberg, 38, said in his post.

Zuckerberg has said that, in the Web3 world, the proof of ownership will gain more importance in the coming days as creators will start working on digital clothing, art, and videos tailored for an immersive metaverse experience.

Full details here
https://coins-gazette.com/post-detail/meta-formerly-facebook-launched-meta-pay-to-facilitate-digital-payments-in-metaverse

Sports / Binance Signs NFT Partnership With Cristiano Ronaldo by coinsazette: 4:04pm On Jun 24, 2022
Binance, the world’s leading blockchain ecosystem and cryptocurrency infrastructure provider, on Thursday announced that it has kicked off an exclusive, multi-year NFT partnership with Cristiano Ronaldo, one of the greatest footballers to ever play the game.

Through this partnership, Binance will launch a global campaign aiming to give Ronaldo’s fans an introduction to Web3 with a compelling entry point into the world of NFTs.

Over the course of the agreement, Cristiano Ronaldo and Binance will create a series of collections for sale exclusively on the Binance NFT platform. The first collection will be released later this year and will feature designs created in collaboration with Ronaldo.

“Cristiano Ronaldo is one of the world’s best footballers, and has transcended sport to become an icon in multiple industries. He has amassed one of the world’s most dedicated fan bases through his authenticity, talent, and charity work,” said Binance Founder and CEO “CZ” (Changpeng Zhao). “We are thrilled to provide his fans with exclusive engagement opportunities to connect with Ronaldo and own a piece of iconic sports history.”

Full details here

https://coins-gazette.com/post-detail/binance-signs-nft-partnership-with-cristiano-ronaldo

Technology Market / Solana Labs Reveals Details On Upcoming Smartphone Saga Web3 Kit by coinsazette: 11:48am On Jun 24, 2022
Solana Labs is expanding blockchain to the smartphone segment. Anatoly Yakovenko, the CEO of Solana Labs launched a software development tool for Web3 programmes called ‘Solana Mobile Stack' (SMS) on June 23. During this event held in New York, he revealed details of the firm's upcoming smartphone named ‘Saga'. This will be among the world's first-generation of crypto and Web3-centric smartphones when it releases in the early months of 2023. As per Solana co-founder Raj Gokal, they chose the name ‘Saga' because ‘the story of crypto is still being written'.

Supporting Google's Android OS, the Saga smartphone will be priced at around $1,000 (roughly Rs. 78,300) and will feature Qualcomm Snapdragon 8+ Gen 1 processor, a 6.67-inch OLED display, 12GB RAM, and 512GB of internal storage.

The phone will be loaded with a pro-Web3, decentralised app store featuring dApps.

A crypto wallet called ‘Solana Pay' will be pre-installed in Saga to process transactions via QR codes. A ‘seed vault' will also be part of this phone to safely store all the private keys linked to the device.

“Almost 7 billion people use smartphones around the world and more than 100 million people hold digital assets - and both of those numbers will continue to grow. Saga sets a new standard for the web3 experience on mobile,” Yakovenko said in a blog post.

Yakovenko, who was formerly employed with chipmaker Qualcomm, structurised Solana Labs between 2017-2018.

https://coins-gazette.com/post-detail/solana-labs-reveals-details-on-upcoming-smartphone-saga-web3-kit

Investment / Shopify Now Offers Merchants The Chance To Set Up Nft-gated Online Stores by coinsazette: 11:38am On Jun 24, 2022
NFTs are hot property across the world at the moment, however, Shopify believes that the most exciting experience isn't in selling NFTs, but in activating them through tokengated commerce.

Canada-based commerce tech giant Shopify, has unveiled a range of new features, which includes the ability for small businesses to launch NFT-gated storefronts as a way of making their stores more exclusive. The company that allows businesses to create custom e-commerce storefronts has released a framework, which enables merchants to launch "tokengated stores" to which fans have exclusive access to, should they possess tokens from the particular brand. The introduction of NFT-gating as a feature for businesses is a part of Shopify's twice-yearly global product release, Editions.

Through the new release, which Shopify claims to feature as many as more than a 100 platform updates, the company is also offering the possibility of minting and selling NFTs straight from the blockchain and onto the online store. A dozen NFT minting apps are suggested to smoothly complete the operation, with Ethereum, Polygon, Solana, and Flow indicated as the supported blockchains.

Collaborations across merchants will also be a possibility, with tokengated stores being able to allow fans from other brands to have access to their own products for a "big release or special drop."

Investment / Proshares To Launch Short Selling Features That Lets Investors Bet Bitcoin Gains by coinsazette: 1:55pm On Jun 21, 2022
Short selling is an investment strategy that speculates on an asset falling in value, compared with more traditional bets on potential increases in stocks, bonds, or cryptocurrencies.

ProShares is an issuer of exchange-traded funds (ETFs).

The ProShares Short Bitcoin Strategy ETF, which will debut under the BITI ticker, will give investors the opportunity to profit from a decline in Bitcoin's price, or to hedge their exposure to crypto.

"As recent times have shown, Bitcoin can drop in value," ProShares CEO Michael L. Sapir said in a statement.

"BITI affords investors who believe that the price of Bitcoin will drop with an opportunity to potentially profit or to hedge their cryptocurrency holdings."

Investors, he added, can "conveniently obtain short exposure to bitcoin through buying an ETF in a traditional brokerage account."

Full details here

https://coins-gazette.com/post-detail/proshares-to-launch-short-selling-features-that-lets-investors-bet-bitcoin-gains

Investment / Tag Heuer To Let Its Users Set Non-fungible Tokens (nfts) As A Watchface by coinsazette: 2:49pm On Jun 17, 2022
The Tag Heuer watch brand is taking a new step in its Web3 exploration. The Swiss luxury watch label will now let its users set non-fungible tokens (NFTs) as a watchface. The feature will be enabled in Tag Heuer's ‘Connected Calibre E4' smartwatch. With Metamask, an NFT-storing wallet service provider, has been partnered to wire these NFT watch faces. The development comes after Tag Heuer recently opened payments in 12 cryptocurrencies, including Bitcoin and Ether, among others.

The NFTs from Metamask that will make it to the faces of Tag Heuer's ‘Connected Calibre E4' watch will be displayed in a hexagonal format.

NFTs from popular series including the Bored Ape Yacht Club, CryptoPunk, Clone-X, and World of Women will be displayed on these watches.

Full details here
https://coins-gazette.com/post-detail/tag-heuer-to-let-its-users-set-non-fungible-tokens-nfts-as-a-watchface

Programming / Polygon BUIDL IT Hackathon Is Here, With $500,000 In Prizes by coinsazette: 10:24am On Jun 16, 2022
Web3 is still in its early days and needs good dapps and projects that will take the technology to the mainstream audiences. Polygon BUIDL IT, the online hackathon is here, with $500,000 in prizes.

As a developer-first platform, Starting June 15th, you can join BUIDL IT solo and find a team —or your whole tinkering squad can sign up together. You’ll sync into a supportive community of programmers, designers, creatives, and hackers. Think about building the future of web3, while you scale a social and professional network, too

Newbies jumping ship to Web3 can take workshops, join tutorials, and find all the materials needed to make the leap. More weathered Web3 natives can push themselves to practice holistic design by deploying the toolsets of our partners.

Even though markets are down, we’ve been doubling down on dev lifelines. To Polygon Team, a bear market is also a build market, a buidl-together-#WAGMIonPolygon market.

That’s why exceptional teams will have the chance to meet industry stakeholders, talk to gigabrain funders, and chat with seasoned developers.

Get Full details here

https://coins-gazette.com/post-detail/polygon-buidl-it-hackathon-is-here-with-500000-in-prizes

Investment / Airtel Launches Metaverse Multiplex Platform In Virtual World Named ‘partynite’ by coinsazette: 10:20am On Jun 15, 2022
Airtel has become the first Indian telcom major to have forayed into the metaverse world. The network provider has announced a 20-screen multiplex in a metaverse called ‘Partynite'. The name of this virtual theatre has been decided to be called ‘Xstream' and it will have content portfolios from various over-the-top (OTT) channels. The service will be available for a free trial where the first episode of an OTT original or some parts of regional language films may be shown.The launch of this service is intended to further the Web3 adoption. A monthly subscription to Xstream will cost Rs. 149.

Essence, Airtel's integrated media agency of record, is responsible for creating the Xstream. On the other hand, the Partynite metaverse is developed by Hyderabad-based Gamitronics.

“This multiplex experience is one of the most scalable use case scenarios for the metaverse. Future opportunities here include movies, music, live events and premium sports streaming. It will also allow social engagement,” said Rajat Ojha, Founder of Partynite (Gamitronics).

The metaverse can be defined as a fully functional virtual world where people can exist, work, and socialise as avatars.

More details here:

https://coins-gazette.com/post-detail/airtel-launches-metaverse-multiplex-platform-in-virtual-world-named-partynite

Investment / Edward Snowden Believes That Crypto Is Better Suited To Payments Than Investment by coinsazette: 12:18pm On Jun 14, 2022
Edward Snowden, president of the Freedom of the Press Foundation and a renowned whistleblower, deems there is more value in cryptocurrencies in their use as a means of digital payment than as an investment. Snowden believes that crypto is better as an expendable asset than a form of investment. The former computer intelligence consultant made this assertion at a virtual media session in Austin, Texas, saying, "I use Bitcoin to use it. In 2013, Bitcoin is what I used to pay for the servers pseudonymously."

"Generally, I don't encourage people to put their money in cryptocurrencies as a technology, and this is what distances me from a lot of people in the community," added Snowden in a virtual interview at CoinDesk's Consensus 2022 conference.

Snowden acknowledged that although Bitcoin's public ledger had certain faults, he was "very much a fan" of the technology and compared it to gold, saying that the borderless aspect of Bitcoin and crypto more generally, is an astounding thing. Immediately after the meeting, Snowden tweeted that gold is "Bitcoin that can't be sent over the Internet."

Snowden also defended the crypto industry in the face of recent criticism by a group of tech experts who in an open letter criticised cryptocurrency and blockchain technology as a whole to counter lobbying efforts by the industry at the start of this month.

Snowden said he believes the signatories were deliberately misunderstanding the crypto industry, recycling a number of arguments that have been made repeatedly in the past.

https://coins-gazette.com/post-detail/edward-snowden-believes-that-crypto-is-better-suited-to-payments-than-investment

Investment / Jack Dorsey Announces Web5 A Decentralized Web Platform by coinsazette: 12:18am On Jun 11, 2022
Jack Dorsey announced a new crypto project—“Web5: The Decentralized Web Platform”—Friday on Twitter and in-person during a Web3 festival.
In the past, Dorsey has been heavily critical of crypto and Web3. While the next wave of the internet has promised to be a truly democratized system not owned by any one individual, Dorsey has said the space has been taken over by venture capitalists.
On the other hand, the ex-Twitter CEO has also been a big proponent of bitcoin. His wholehearted support of the OG cryptocurrency is despite critics and researchers who have pointed out that early adopters of bitcoin essentially became “the elite” of crypto, amassing wealth while essentially becoming a new flavor of 19th century oil barons, but for crypto mining. Dorsey has likewise defended bitcoin despite its negative environmental impact.
Block’s Web5 promises to do away with anything that has stopped Web3 from being truly “decentralized.” They promise no utility tokens or consensus models, instead relying on a decentralized web-based on blockchain tech.

https://coins-gazette.com/post-detail/jack-dorsey-announces-web5-a-decentralized-web-platform

Investment / Mastercard Announces New Crypto Partners For Its NFT Payments Service by coinsazette: 11:18am On Jun 10, 2022
NFTs or non-fungible tokens are digital collectibles that are built on blockchain and are traditionally purchased via cryptocurrencies. Mastercard is now looking to expand payment options for these digital collectibles.

In a blog post published on June 9, Raj Dhamodharan, an executive vice president at the company, said it had partnered with Immutable X, Candy Digital, The Sandbox, Mintable, Spring, Nifty Gateway and MoonPay to enable NFT commerce.
“We’re working with these companies to allow people to use their Mastercard cards for NFTs purchases, whether that’s on one of these companies’ marketplaces or using their crypto services,” he said. “With 2.9 billion Mastercard cards worldwide, this change could have a big impact on the NFT ecosystem.”
The 56-year-old financial services corporation Mastercard is aiming to eliminate the need for NFT buyers to first own cryptocurrencies.
The credit and debit card provider recently surveyed over 35,000 people in 40 countries. The results from this finding show that 45 percent people had purchased an NFT or would consider doing so.

https://coins-gazette.com/post-detail/mastercard-announces-new-crypto-partners-for-its-nft-payments-service

Investment / Tether Co-founder Thinks Terrausd Crash Could Be The End For Stablecoins by coinsazette: 11:25am On Jun 06, 2022
Stablecoins are a type of cryptocurrency that is usually pegged to a real-world asset. TerraUSD or UST, is an algorithmic stablecoin, which was supposed to be pegged to the US dollar.

Whereas stablecoins like Tether and USD Coin are backed by real-world assets such as fiat currencies and government bonds in order to maintain their dollar peg, UST was governed by an algorithm.

Meanwhile, Jeremy Allaire, CEO of Circle — one of the companies behind the issuance of the USDC stablecoin, said he thinks people will continue to work on algorithmic stablecoins.
The collapse of the algorithmic stablecoin TerraUSD has raised questions about the future survival of similar crypto assets and Tether co-founder Reeve Collins believes that the UST crash could spell the end of most algorithmic stablecoins, if not all. In an interview at the World Economic Forum in Davos, Reeves stated that the TerraUSD collapse "was not a surprise" to him, adding that algorithmic stablecoins have not seen the worst of it yet. In his view, other algorithmic stablecoins might soon follow UST, ultimately bringing their kind to an end.

"It's unfortunate that the money ... was lost, however, it's not a surprise. It's an algorithmic-backed, stablecoin. So it's just a bunch of smart people trying to figure out how to peg something to the dollar,” said Collins speaking to CNBC.

https://coins-gazette.com/post-detail/tether-co-founder-thinks-terrausd-crash-could-be-the-end-for-algorithmic-stablecoins

Investment / Binance Announces Blockchain And Cryptocurrency Awareness Tour In Africa by coinsazette: 9:38am On Jun 02, 2022
Major global crypto exchange Binance is launching the Blockchain and Cryptocurrency Awareness Tour (BCAT) in Africa, a crypto awareness tour within a set location as crypto adoption continues to become a popular trend in the continent. The goal of the tour is to spread blockchain and cryptocurrency awareness as well as educate people across Africa. Besides, it is expected to facilitate the driving of real-world adoption, empowering millions of people across the continent to take to crypto in the process.

In 2020, the BCAT took place online because of the coronavirus pandemic. So far, Binance claims the educative tours have reached over 60,000 people. Among other sponsors this year, major entrants include a global decentralized finance (DeFi) platform Xend Finance, decentralised esports and betting platform Sportrex, crypto wallet service Lead Wallet, and crypto payments provider BoundlessPay.

However, the edition of this year's tour would lean heavily towards the popular play-to-earn economies, non-fungible tokens (NFTs), and the metaverse. Although Africa is still far behind when it comes to crypto being a contributor to the economy, users have been able to use the assets as a close substitute for the failed payments systems across the region.

The campaign will start from the South Eastern, Nigeria, then move across Africa to countries such as Uganda, Ghana, Cameroon, etc.

Location: Amadeo Event Centre, Enugu, Enugu State, Nigeria.

Date: 4th of June, 2022

Time: 9AM


Want to get more details and register to the event, click on the following link

https://coins-gazette.com/post-detail/binance-announces-blockchain-and-cryptocurrency-awareness-tour-in-africa

Politics / Can Blockchain Stop Corruption In Nigeria by coinsazette: 11:39am On Jun 01, 2022
Brazilian Government Launches A New Blockchain Network To Combat Corruption

The Brazilian government has unveiled a new blockchain network in a bid to combat corruption in public expenses by tracking them efficiently. The network was launched at an event, which was streamed on YouTube took place after a cooperation agreement was signed by the Court of Accounts of Uniam (TCU) and the Brazilian Development Bank (BNDES). The move is part of Brazil's interest in being at the forefront of integrating blockchain technology into its public administrative system and helping improve both efficiency and traceability in the process.

As per a press release issued by TCU ahead of Monday's launch event, the Brazilian Blockchain Network is still in development but will be used by a number of governmental institutions in an attempt to improve services provided to citizens and offer better transparency on public expenditures.

"The network, public and not-for-profit, will be national in scope and will connect participating institutions in a governance structure and technological infrastructure with the aim of facilitating the adoption of blockchain technology in solutions aimed at the public interest," reads the release when translated from Portuguese, verbatim.

Full detail here

https://coins-gazette.com/post-detail/brazilian-government-launches-a-new-blockchain-network-to-combat-corruption

Programming / How To Build An NFT Marketplace With Solidity And Hardhat by coinsazette: 9:40am On Jun 01, 2022
Non-Fungible Tokens (NFTs) have captured the imagination of the Web3 community. While the most powerful NFT use cases might still be to come, this technology is already transforming digital ownership, identity, creative expression, and community membership.

Because NFTs are digital assets that can be bought, sold, or traded, NFT marketplaces play an important role in holding inventory and connecting buyers and sellers.

In this blog, we are going to build the “backend” of an NFT marketplace using Solidity. We’ll go through the process for building the smart contracts that hold the business logic for our NFT marketplace step-by-step. In practice, this means creating a single NftMarketplace.sol smart contract and a sample ERC721-compliant token (NFT) contract which we can use to list on our marketplace.

Full detail here

https://coins-gazette.com/post-detail/how-to-build-an-nft-marketplace-with-solidity-and-hardhat

Investment / Moneygram Teams To Facilitate Remittance Transactions In USDC Stablecoin by coinsazette: 12:52pm On May 31, 2022
A remittance is a non-commercial money transfer initiated by a foreign worker, a member of a diaspora community, or a person with ties abroad to support the household income of their families in their home countries.

As part of its services, MoneyGram is now allowing users to conduct remittance transactions in USD Coin (USDC).

MoneyGram is making it possible for users to send USDCs stablecoin and the receiver can cash them out in fiat currencies. Steller blockchain has been partnered to facilitate these transactions. MoneyGram offers online and in-person domestic and international money transfers as well as bill payment services. It has been in the financial industry for over 42 years. Its CEO, Alex Holmes, recently voiced his predictions for the future of the crypto sector.

Full detail here

https://coins-gazette.com/post-detail/moneygram-teams-with-steller-blockchain-to-facilitate-remittance-transactions-in-usdc-stablecoin

Investment / Tag Heuer Follows Gucci To Enable Digital Currency Payments by coinsazette: 7:09pm On May 24, 2022
Tag Heuer has become the latest entrant to join the list of brands that are keen on getting ready for the Web3 future. The Swiss luxury watchmaker has decided to sell its high-end watches for payments in cryptocurrencies. A total of 12 cryptocurrencies, including Bitcoin, Ether, and Dogecoin, along with five other stablecoins have been listed as accepted options by the 162-year-old brand. BitPay crypto payment service provider has been roped-in to facilitate crypto payments for Tag Heuer. Watches costing as high as $10,000 will be eligible for purchase via cryptocurrencies.

Tag Heuer has backed its decision to open crypto payments by citing the boom that the crypto community has witnessed in recent years.

Full details here

https://coins-gazette.com/post-detail/tag-heuer-follows-gucci-to-enable-crypto-payments-btc-eth-doge-listed-as-acceptable

Business / How To Build A Web3 Products People Want by coinsazette: 11:43am On May 24, 2022
Whether it’s the latest Defi innovation or a ground-breaking new infrastructural development, Web3 moves at a mile a second. Attention and funds are both scarce resources, and projects that don’t have product-market fit run the risk of being left behind.
Web3 startups face a more competitive and fast-paced environment than their Web2 counterparts. This difference can largely be attributed to competing demands for liquidity—a requirement for integrating with the larger market—and the inherent “forkability” of open-source projects, with any developer able to fork a project’s source code to build a competing project.

Key Takeaways
- Use a lean software methodology to avoid common Web3 startup product development pitfalls.

Full details here

https://coins-gazette.com/post-detail/how-to-build-a-web3-product-people-want

Investment / Robinhood Launches New Web 3 Wallet To Rival Metamask, Coinbase by coinsazette: 9:06pm On May 19, 2022
US-based stock trading and investing major Robinhood has announced that the company is building a non-custodial wallet that will allow its customers to have total control of their crypto in Web 3. Robinhood said that this new multichain Web 3 wallet will launch as a standalone app. Customers will be able to hold the keys for their own crypto and access decentralized apps (dApps) to trade and swap crypto with no network fees, store non-fungible tokens (NFTs) and connect to NFT marketplaces, earn yield using their assets, and access a variety of crypto assets.

“At Robinhood, we believe that crypto is more than just an asset class. "By offering the same low cost and great design that people have come to expect from Robinhood, our Web 3 wallet will make it easier for everyone to hold their own keys and experience all the opportunities that the open financial system has to offer,” Vlad Tenev, the co-founder and CEO of Robinhood, commented in a press release.

Available at https://coins-gazette.com/post-detail/robinhood-launches-new-non-custodial-web-3-wallet-to-rival-metamask-coinbase

Investment / Four Tings You Should Do In A Virtual Currency Bear Market by coinsazette: 6:39pm On May 17, 2022
It’s not easy to maintain courage as the prices of crypto assets begin to run down. However, it would be best if you didn’t bury your head in the sand when you can follow these simple steps and make the most of this bear market opportunity.
With bitcoin (BTC) dipping below $30,000 briefly on May 9, 2022 for the first time since July, 2021, the crypto market is experiencing double-digit percentage losses. General market sentiment and commotion shaking the TerraUSD (UST) stablecoin and LUNA have many investors understandably nervous. But that doesn't mean you should give up on the trade and run from the markets.

Therefore, the question goes like this: “what should you do in this kind of situation?”

What you should do instead is what I have analyzed in this article so you should apply them and succeed as a cryptocurrency trader.

Full details here:

https://coins-gazette.com/post-detail/four-things-to-do-in-a-crypto-bear-market

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