₦airaland Forum

Cryptocurrencies are trending on google search results and not without reason. Major tech leaders such as Elon Musk have publicly shown interest in the first decentralized digital asset. But what exactly is a cryptocurrency? Where can I find reliable and unbiased news about crypto?

What is the best cryptocurrency to invest in?

I quickly learned that by searching for advice about cryptocurrencies online is difficult, since there are so many biased opinions it is hard to do your due diligence. Cryptocurrency news websites sometimes offer some insight in starting projects, and even Twitter can be used as a source to find new crypto projects.

Crypto explained

On FYDwiki I learned the basics about cryptocurrency, https://www.fydcoin.com/crypto and the importance of crypto. If you are new to crypto I advise you to watch this simple explainer video about Cryptocurrency.

What Is FYD (FYD)?

FYD https://fydcoin.com is an online community of freelancers and crypto enthusiasts, working together to realize a decentralized gig-economy utilizing the advantages of web dApps, blockchain and cryptocurrency. Educating newcomers about cryptocurrency (https://www.fydcoin.com/crypto), staking (https://www.fydcoin.com/staking), mining(https://www.fydcoin.com/mining), NFT(https://www.fydcoin.com/nft), and Masternodes(https://www.fydcoin.com/masternode). FYD has its own live blockchain, never had a pre-sale, ICO or IEO and is funded by the community and automated treasury.


https://www.youtube.com/watch?v=OiauorY0yv4

FYD coin is an opensource cryptocurrency designed for (digital) freelancers such as web designers, programmers, animators, writers and online content creators. FYD coins are digital coins (cryptocurrencies) that can be sent from person to person without a bank How does FYD work(
https://www.youtube.com/watch?v=SkTL-1Gpl9c). Fast transactions (confirmed under a minute) and low transaction fees (under $0.0001) make FYDcoin useable for P2P microtransactions necessary in the gig-economy.

In addition to transacting value, FYD can also be used to store value. There is a maximum supply (650M) and holders can stake FYDcoin with any household PC or laptop to mint cryptocurrency. FYD coins can be tracked on a decentralized ledger or blockchain explorer which is online available for everyone.

FYD coin is the native currency that is used for:

* Medium of rapid micro-exchanges between users, third party platforms and FYD’s native applications without the need for a trusted third party such as a bank
* Incentivizing stakers the support/security of the FYD chain
* FYD project development through the automated treasury
* Decentralized governance (on chain)
* Store of value (finite supply and yearly halving)
* Eco friendly mining alternative (Proof-of-stake algorithm)

If you are interested in learning more about cryptocurrencies, don't hesitate to ask or visit the website: https://fydcoin.com for more information about cryptocurrency, masternodes, staking, mining and nft.