According to a SafePal announcement, upgrades to their hardware wallet and wallet app have been completed to support Non-Fungible Tokens (NFTs) on the Solana and Polygon blockchains.
According to a SafePal announcement, upgrades to their hardware wallet and wallet app have been completed to support Non-Fungible Tokens (NFTs) on the Solana and Polygon blockchains.
“Since we recently supported Solana and Polygon NFTs, we have noticed a significant increase in NFT activities and user demand from our community. According to Tyler Zhou, SafePal’s Head of Growth & Partnerships, “it is just the beginning of our great support for the NFT community.”
SafePal made the decision to add support for Solana NFTs and Polygon ERC721 NFTs after researching the market and user trends. As a result, after updating to the most recent version, users can interact with NFT assets on the SafePal wallet with both blockchains.
You can find instructions on how to activate the most recent SafePal wallet version here. Additionally, users have detailedaccess to the project’s application upgrade history.
The move-to-earn trend and StepN’s meteoric rise have also sparked activity in the ecosystem, as StepN keeps releasing new updates like launching realm 3 on ETH and reporting a $122.2M Q2 profit despite the challenging market conditions.
For new generation NFT projects in the ecosystem like @DeGodsNFT, @SolanaMBS, or @okaybears, Solana has attracted a lot of attention. As a result, according to HyperSpace.xyz, Solana NFT’s market capitalization has increased once more to $725 million, and trading volume has also significantly increased recently.
The total number of unique active wallets increased by 47% to 1.51 million in Q2 2022, according to data from OpenSea, who noted the creation of 1.2 million new NFT wallets online on Polygon. NFT transactions’ overall USD value decreased by 64%, but trading volume rose by 47% to $122.45 million.
NFTs are currently transitioning from potential to reality for Polygon. Due to the fact that the market-leading NFT Marketplace OpenSea went live on Polygon in early 2021 and quickly rose to the top position among NFT trading platforms within the Polygon ecosystem. With $453 million in total NFT sales, Polygon is sixth on the market overall.
Traditional businesses are increasingly using Polygon as their preferred blockchain for creating their own NFT projects. For instance, Facebook has started using Polygon to test NFTs, Reddit has started using Polygon to exchange NFT avatars, and partners Prada and Adidas have started using Polygon to test NFTs. After $LUNA collapsed in May, nearly 50 Terra platforms—mostly NFT-focused—moved to Polygon Studio.
It’s unusual for a cryptocurrency wallet project to receive funding from Binance Labs and to take part in fundraising on Binance Launchpad. That project is SafePal.
The SafePal project’s long-term growth depends on carefully building and bolstering connections with other blockchains and their users in addition to its foundation on Binance.
What is SafePal?
SafePal is now serving more than 3,000,000+ users from more than 196 countries through its unique hardware wallet and software wallet product lines, all paired and managed through the SafePal App, where users can easily secure, manage, swap, trade, and grow their crypto wealth without compromising asset security.
SafePal is dedicated to providing a secure and user-friendly crypto management platform for the masses to secure and grow their crypto assets safely and conveniently. It is the first hardware wallet invested and backed by Binance.
NightFall, Polygon’s new scaling solution with more privacy designed exclusively for businesses, has been made available.
Polygon Targets Businesses
At the EY Global Blockchain Summit 2022, which was put on by Big 4 auditing behemoth Ernst & Young (EY), Polygon’s Head of Enterprise, Antoni Martin, gave the keynote address introducing Polygon Nightfall, the project’s new solution intended to provide privacy to businesses that want to use the Ethereum blockchain.
According to Antoni Martin, Polygon Nightfall would deliver outcomes eight times quicker than Ethereum foundation layers, transmit ERC-20 tokens six times less expensively, and be completely transparent. One of Polygon’s four strategic scaling solutions is Polygon Nightfall. The others are Polygon Hermez (based on ZK-Rollups technology), Polygon Miden (based on ZK-STARK and ZK-Rollups technology), and Polygon Zero (based on ZK-Rollups and ZK-STARK and based on StarkWare).
In Polygon Nightfall, ZK-Rollups and Optimistic Rollups are mixed. ZK-Rollups will be used to provide anonymity, disclosing just the time and date of the transaction while keeping the rest private, while optimistic rollups will be used to reduce transaction costs. Martin asserts that Nightfall may also be used in business processes including supply chain management, NFT exchanges, and blockchain coordination.
Assistance from EY
EY started creating Zero-Knowledge Proof (ZKP) technology in 2019 so that its clients may use Ethereum covertly. However, when the company was obliged to deal with ETH’s high gas charge barrier in September 2021, the project was put on hold.
EY and Polygon worked together to lower transaction costs. EY OpsChain and EY Blockchain Analyzer, two of EY’s top blockchain services, have connected with Polygon Nightfall. According to the statement, the team will keep working on commercially viable privacy-first solutions to grow their ecosystem.
“Collaborating with Polygon gives EY teams with a robust set of tools for scaling transactions for clients, as well as a speedier path to inclusion on the public Ethereum mainnet.” Furthermore, we recognized common goals around open systems and networks, and the Ethereum ecosystem would make collaboration in this area much simpler,” stated Paul Brody, EY Global Blockchain Leader, in a blog post.
Polygon’s strategic goal has made ZKP technology the focal point of development, with the foundation committing $1 billion to related initiatives. Polygon also surprisingly unveiled zkEVM, a layer-2 solution for Ethereum based on ZK-Rollups, recently.
According to Polygon’s network activity report, the platform achieved excellent results in the second quarter of 2022. The average transaction cost was reduced by 49 percent to $0.018. Aside from that, Polygon experienced a 12% rise in unique address creation, reaching 5.34 million. Total Polygon transactions climbed by 4% to 284 million, with total revenue of $5.56 million.
In this article we will present to you the following list of really useful community ran tools in Mina blockchain, but before we hop in right away, some of you are still not familiar with Mina Protocol. So, here’s a quick introduction of this very promising blockchain.
What is Mina?
Mina is the first cryptocurrency protocol with a succinct blockchain. Current cryptocurrencies like Bitcoin and Ethereum store hundreds of gigabytes of data, and as time goes on, their blockchains will only increase in size. With Mina however, no matter how much the usage grows, the blockchain always stays the same size — about 22kb1 (the size of a few tweets). This means participants can quickly sync and verify the network.
Introduction aside, let’s finally hop in to the following list of community ran tools in Mina blockchain.
· Hezekiah Ufedojo Suleman
Genesis Founder and Technical Community Ambassador in charge of organizing Mina Community events in accordance with the CORE values of Mina. Also, point enthusiasts in the direction of opportunities to explore the Mina ecosystem.
I manage a staking service for the French Community as a validator on the Mina protocol. The goal is to provide a welcoming and simple-to-use service based on proximity and one-on-one communication in French. As we attempt to educate people about Mina staking and the protocol in general, community and listening play an important role.
Please do not hesitate to contact me if you require any additional information.
Pathrocknetwork is an individual validator, collator, node runner, teacher, crypto enthusiast, and proponent of decentralization who supports a variety of protocols with the goal of providing secure non-custodial staking opportunities.
Furthermore, since the beginning of the testnets and now on mainnet, we’ve been running Mina block producers to help decentralize and secure the network. We also manage the German Telegram group and provide active support and assistance to the members of the community. https://t.me/mina dach
Patrick Hofmeister is also a founding member of the DOT Validator Alliance, whose goal is to help decentralize the Polkadot network and propel small validators forward, as well as a member of the Millenniumclub (MCLB), a crypto community that helps and supports one another.
Phusis Labs, based in Korea, provides a wide range of Mina-related services. They’re also planning on attending the upcoming Snapp hackathons. OTHER SKILLS — Translating English to Korean and establishing the Mina protocol community among Korean university students.
Mina Awesome Tools is a simple but comprehensive website that contains links to many of the important Mina Protocol Ecosystem tools and resources.
Carbonara, the team behind the Clorio Wallet, is in charge of maintaining and updating the site.
They also offer a staking service for Mina.
· Mina Protocol Community Telegram Channel
Telegram Channel for the Mina Protocol Community The PodSNARK Mina Podcast is hosted on this popular community Telegram channel. The community Telegram channel, which is run by Moody and his talented team, is a great place to hang out, connect, and learn about Mina Protocol.
Minaview gives you a bird’s eye view of the Mina ecosystem. We want to be a meeting place for both members of the community and developers. We want to make it as simple as possible for new community members to join the ecosystem by providing as much information as possible. We intend to support, enhance, and develop the overall ecosystem to the best of our ability, with a slew of new features and ideas on the way!
If you are part of the Mina Ecosystem, add your details here www.minaview.com
The Mina Protocol aims to provide a small blockchain that is always 22 kB in size, regardless of the volume of transactions that are submitted to the network.
The Mina blockchain is the lightest in the world and is run entirely by its users. Mina ushers in a new age of blockchain accessibility by employing strong encryption and recursive zk-SNARKs to generate a whole blockchain that is around 22kb in size, or the equivalent of a few tweets, as opposed to requiring sheer computational force. With its distinctive privacy features and capacity to connect to any website, Mina is building a private bridge between the physical world and cryptocurrencies—and the secure, democratic future we all deserve. Mina is managed by the Mina Foundation, a public benefit company with headquarters in the US.
In order to enable and power Snapps—decentralized applications powered by SNARK—Mina was created as a general-purpose protocol.
What kind of apps are Snapps? Apps of all kinds. The protocol is reliable and flexible.
A brief summary of Snapps is as follows: Snapps are dApps driven by zk-SNARK with two significant enhancements: Privacy and Scalability. Snapps assures that calculations are successfully completed while validating the integrity of the data without actually giving the data itself, allowing bandwidth- and processor-intensive computations to be done off-chain.
End-to-end Data Privacy: From the Internet to the Blockchain
Users don’t need to reveal their personal information to access essential on-chain services. Instead, they use Mina to access their online information and show that they meet service provider requirements. A weak trustworthy enclave is not necessary. There are no data vulnerabilities from beginning to end.
A Snapp creates a confirmation regarding the information on the source page and connects to it. Evidence does not include the data itself; it only exposes the fact (e.g., the user’s credit score is higher than a specific threshold). After sharing the verified proof with the Mina network, the Snapp transmits it to the counterparty via an encrypted transaction.
Competitors gather real user data primarily on the great majority of chains. Counterparties on Mina get proofs as opposed to data. Additionally, chains that promote privacy features demand that users share their data with a trusted enclave, which is known to have vulnerabilities and potentially leak data in the event of a failure. When utilizing Mina, users are never required to share their data with anyone or any organization. Instead, in order to provide a proof, only the user’s local PC has access to their data.
Web Oracles with No Permissions
By utilizing private, verifiable, real-world data from any website, developers may create decentralized apps using Mina’s Snapps. They can enter data that is readily accessible online. By revealing only the essential proof, they may also get access to, use, and safeguard sensitive data. There is no demand for particular website connectors or trustworthy Oracles.
The user would be able to send money to a friend in this way, and a smart contract would be triggered, sending bitcoin to the recipient’s address. Alternately, a smart contract is activated to establish an NFT if a Tweet obtains a particular number of likes.
A few, like Chainlink, provide counterparties access to sensitive user information. Such details are kept private by Mina. Mina allows users to browse any public HTTPS site without the need for a contract, whereas Chainlink additionally requires the source websites to be “turned on”.
Single Personal Online Login
Users can access any internet website or service anonymously — without creating an account or providing personal information. Instead, they use Mina to safely log in. They cannot be blocked by a centralized service provider. Developers from all chains may incorporate this private, secure alternative into their businesses.
Using their email, users establish Snapp-based login profiles on Mina. The Snapp demonstrates to the website that the user is the owner of the underlying email — without ever disclosing the real address. Using Snapps on top of accounts allows for confidential cross-app interoperability and private data.
MetaMask operates within the cryptocurrency ecosystem. Mina is a freelancer who works on the internet. Apple provides users with a centralized login, yet it is neither private nor immune to censorship. Mina’s solution is untrustworthy, secret, and resistant to censorship.
Mina, the native cryptocurrency of the Mina Protocol, is used to enable transaction processing and distribute fees among users. As blockchain technology has grown in popularity, the quantity of transactions maintained on most platforms has skyrocketed.
Mina is the first cryptocurrency protocol with a succinct blockchain. Current cryptocurrencies like Bitcoin and Ethereum store hundreds of gigabytes of data, and as time goes on, their blockchains will only increase in size. With Mina however, no matter how much the usage grows, the blockchain always stays the same size — about 22kb1 (the size of a few tweets). This means participants can quickly sync and verify the network. This breakthrough is made possible due to zk-SNARKs — a type of succinct cryptographic proof. Each time a Mina node produces a new block, it also generates a SNARK proof verifying that the block was valid. All nodes can then store the small proof, as opposed to the entire chain. By not having to worry about block size, the Mina protocol enables a blockchain that is decentralized at scale.
To get a better understanding about MINA, here are a series of comprehensive videos to get you started.
· The World’s Lightest Blockchain, Powered by Participants
· What are zk-SNARKs?
Mina’s blockchain is kept light and your personal data is kept private thanks to k-SNARKs, but there’s a lot more going on behind the scenes. Brandon simply breaks down what zk-SNARKs are in this video by comparing them to the game “Where’s Waldo?” By the end of this video, you’ll understand what they are, how they work, and how important they are to Mina and the crypto community!
· PoW vs. PoS
What does it mean that PoS (proof-of-stake) blockchains are more energy-efficient than PoW (proof-of-work) blockchains? We simply explain what these two consensus mechanisms are and how they compare in this video.
One of the most pressing issues in any blockchain ecosystem — whether it’s Bitcoin, Ethereum, or a DeFi token — is scalability and privacy. We go over how Snapps, Mina’s ZK smart contracts, solve the industry’s biggest problems in this video.
· SNARK Workers and the Snarketplace
With the help of SNARK workers, the Mina network will be accessible to everyone from any device. To learn how, watch this video!
· What is Ouroboros Samisika?
Mina constructs on Cardano Protocol’s Ouroboros to create Ouroboros Samisika, a provably secure PoS protocol that takes the best features of every iteration of Ouroboros to deliver a PoS mechanism that can fix long-range forks without needing history or putting the network at risk of centralization.
· Real World Use Cases that Mina Will Enable With ZK Technology
Mina is establishing a link between the real world and cryptocurrency, as well as the necessary infrastructure for a secure and democratic future that we all deserve.
What is Mina?
Mina is the first cryptocurrency protocol with a succinct blockchain. Current cryptocurrencies like Bitcoin and Ethereum store hundreds of gigabytes of data, and as time goes on, their blockchains will only increase in size. With Mina however, no matter how much the usage grows, the blockchain always stays the same size — about 22kb1 (the size of a few tweets). This means participants can quickly sync and verify the network.
This breakthrough is made possible due to zk-SNARKs — a type of succinct cryptographic proof. Each time a Mina node produces a new block, it also generates a SNARK proof verifying that the block was valid. All nodes can then store the small proof, as opposed to the entire chain. By not having to worry about block size, the Mina protocol enables a blockchain that is decentralized at scale.
In theory, blockchains are designed to be held accountable by its users. When anyone can enforce the rules by validating an irrevocable public ledger — power remains in the hands of the many, not the few. This decentralized structure is what allows the network to conduct trustless transactions.
But in practice, this hasn’t been the case. With legacy blockchains like Bitcoin and Ethereum, when a new participant joins, they have to check every transaction since the beginning of the network to verify correctness — which amounts to hundreds of gigabytes of data. Most people can’t afford the computing power it takes to verify these heavy chains on their own and are forced to trust increasingly powerful intermediaries. This means most folks can no longer connect peer-to-peer — causing decentralization to suffer, power dynamics to shift, and the network to become more vulnerable to censorship.
Mina offers an elegant solution: replacing the blockchain with an easily verifiable, consistent-sized cryptographic proof. Mina dramatically reduces the amount of data each user needs to download. Instead of verifying the entire chain from the beginning of time, participants fully verify the network and transactions using recursive zero knowledge proofs (or zk-SNARKs). Nodes can then store the small proof, as opposed to the entire chain. And because it’s a consistent size, Mina stays accessible — even as it scales to many users and accumulates years of transaction data.
But how do zk-SNARKs work? They capture the state of the entire blockchain as a lightweight snapshot and send that around — instead of the chain itself. It’s like sending your friend a postcard of an elephant, instead of a massive live animal. When the next block in the network is created, it takes a snapshot of itself — with the snapshot of the previous state of the blockchain as the background. That new snapshot will in turn be used as the backdrop for the next block, and so on and so on. Rather amazingly, while it can contain proof of an infinite amount of information, the snapshot always remains the same size.
Coming full circle, the world’s lightest blockchain empowers inclusive consensus. Our modified Ouroboros proof-of-stake protocol maximizes inclusivity in consensus. On Mina, all participants act as full nodes and anyone can take part in consensus, secure the blockchain and hold Mina accountable.
And that’s how Mina will deliver true decentralization, scale and security.
Use Cases
Mina is focusing on three use cases that will help us build a private gateway between the real world and crypto — and the infrastructure for the secure, democratic future we all deserve.
END-TO-END DATA PRIVACY, FROM ONLINE TO ON-CHAIN
Users can access critical on-chain services without compromising sensitive personal information. Instead, they use Mina to access their online data and to prove that they meet the requirements of service providers. No need for a trusted enclave that can be compromised. No data vulnerabilities, end-to-end. For example, today Mina’s Snapps can connect to a credit score provider to prove that your credit score is above a certain threshold. Soon, you’ll be able to prove so much more from any website.
With Snapps, developers can leverage private, verified, real world data from any website to build decentralized apps. They can input any information that is publicly available on the web (without needing that website’s permission). And they can access, use and protect sensitive data by only sharing the relevant proofs. No need for trusted oracles or custom website integrations.
ONE PRIVATE INTERNET LOGIN
Users can access any internet website or service privately — without creating an account and handing over their personal data. Instead, they login securely with Mina. No centralized service provider can block them. And developers across chains can integrate this private, secure option into their services.
Explore the Possibilities
BUILD SNAPPS³ PRIVACY-ENABLED APPS
Develop dapps that use zk-SNARKs to ensure data-level privacy, verifying requirements without exposing the underlying user information.
POWER ENTERPRISE INTEROPERABILITY
Use Mina to combine the cost-efficiency and privacy of a private chain with the interoperability of a public chain.
MINIMIZE TRANSACTION FEES
Power trustless e-commerce and global peer-to-peer transactions without using centralized intermediaries, or paying costly transaction fees.
POWER SECURE & FAIR FINANCIAL SERVICES
Ensure lenders only use fair criteria to make decisions and securely verify relevant information without accessing private user data.
ENABLE PRIVATE & AUDITABLE ELECTIONS
Guarantee fully verifiable and auditable elections, while keeping the process private and protecting individuals’ voting information.
ACCESS MONEY FROM ANYWHERE IN THE WORLD
With a 22kb1 Mina chain, access peer-to-peer stablecoins and tokens via smartphone and bring hard-earned money anywhere you go.
ROADMAP
TOKENOMICS
MINA is the native currency of the Mina blockchain. MINA tokens are required to stake and produce blocks on the Mina blockchain. They’re also the exclusive currency of the Snarketplace, which is used by block producers and SNARK producers to buy and sell SNARK proofs. Each MINA token is divisible up to 9 decimal places.
MINA is an inflationary currency with no supply cap. All tokenholders can stake or delegate to receive their proportional fraction of the inflation, with no lockup or bonding required to do so.
There will be up to a total of 1 billion MINA tokens (excluding future block rewards) distributed at launch, which will fully unlock over 8 years. (“Initial Distribution”).
During the first year of mainnet, accounts with lock-ups will receive block rewards to target an annual inflation of 12%. Inflation rate will decrease over time, eventually reaching 7% at steady-state (see “Inflation” for more details).
During the first 15 months of mainnet, unlocked accounts will receive double the block rewards that locked accounts receive (see “Supercharged Rewards” for more details). This incentivizes participants new to the network and unlocked tokenholders to stay loyal to the ecosystem.
An 8-year chart of the entire distribution schedule is available here:
MINA Token 8-year Cirtculating Supply
MINA Token Circulation Schedule
The Initial Distribution MINA is up to 1 billion tokens. This number includes all of the categories of token recipients in the distribution schedule, except for block rewards, which are minted anew by the protocol with each block after its launch.
Inflation
MINA is an inflationary currency with no supply cap. This decision was made in order to incentivize a high level of staking participation in the early years of the protocol, which will increase the level of decentralization. Mina’s “Supercharged Rewards” (discussed in a later section) also achieve this objective. Since staking is open to all tokens on the protocol (without the risk of bonding or slashing), any token holder is able to avoid getting diluted by staking or delegating.
Ongoing inflation is generated via block rewards, which get paid to block producers via each successful block’s coinbase transaction. The Mina Foundation has proposed the below block reward schedule and inflation targets for the minting of MINA tokens beyond the Initial Distribution:
1 At the mainnet launch of Mina, block rewards will be fixed per account to the target inflation rate. During the first few months, until dynamic rewards are introduced via a protocol update, inflation will be the referenced 12% if all 100% of tokens are staking, but proportionally less if less are staking.
Initial Distribution Categories
MINA Expected Allocation of Initial Distribution
MINA Expeceted Circulating Supply (4 yeats Post-Genesis)
INVESTORS
Mina Protocol is funded by a number of investors.
Mina Protocol Backers
Mina Protocol Backers
Fundraising History
Throughout the past 3 years, O(1) Labs, LLC has raised funding at various implied prices per MINA token. A full fundraising history can be found below.
Mina is breaking down barriers to participation and unleashing a host of exciting new opportunities.
AS A BLOCK PRODUCER
Block producers are akin to miners or stakers in other protocols. By staking Mina, they can be selected to produce a block and earn block rewards in the form of coinbase, transaction fees and network fees. Block producers can decide to also be SNARK producers.
AS A SNARK PRODUCER
The second type of consensus node operator on Mina, snark producers help compress data in the network by generating SNARK proofs of transactions. They then sell those proofs to block producers in return for a portion of the block rewards.
AS A PROFESSIONAL BLOCK PRODUCER
Because staking requires nodes to be online, some may choose to delegate their Mina to staking pools. These groups run staking services in exchange for a fee, which is automatically deducted when the delegator gets selected to be a block producer.
Mina is the world’s lightest blockchain, powered by participants. Rather than apply brute computing force, Mina uses advanced cryptography and recursive zk-SNARKs to design an entire blockchain that is about 22kb, the size of a couple tweets, ushering in a new era of blockchain accessibility. With its unique privacy features and ability to connect to any website, Mina is building a private gateway between the real world and crypto — and the secure, democratic future we all deserve. Mina is stewarded by the Mina Foundation, a public benefit corporation headquartered in the United States.
Since the dawn of 2022, Splinterlands has dominated the world of cryptocurrency gaming. For enthusiasts of online card games, Splinterlands, powered by the Hive blockchain, promises thrilling gameplay and the potential to earn substantial rewards. Whether you’re a newcomer or an experienced pro, this article will delve into some of the top strategies to kickstart your journey in Splinterlands.
Understanding Splinterlands
In Splinterlands, players can acquire Non-Fungible Token (NFT) cards and token rewards through daily tasks, embodying the “play-to-earn” concept.
The World of Splinterlands Cards
In Splinterlands, digital cards are collectible assets, and every card is an NFT, possessing unique abilities. Strategy takes center stage in this collectible trading card game, where players assemble a squad and engage in combat.
Splinterlands features one-on-one battles where players select a summoner and a group of creatures, each sharing the same element as the summoner. The arrangement of cards plays a crucial role in battle, with melee and ranged attacks having distinct positions. Each battle has a Mana cap, adding complexity as players level up and face varying rules.
Leveling-up
Leveling up your Monsters and Summoners significantly impacts battle outcomes. Higher Summoner levels unlock greater Monster potential, making Summoner advancement crucial.
Getting Started
Now, let’s explore the best ways to commence your Splinterlands journey.
Note: A Hive account is necessary to begin playing Splinterlands. So be careful to build that prior to entering the Splinterlands universe.
1. Study Your Adversaries
Before each battle, research your opponents. Analyzing their match history can provide valuable insights into their playstyle, giving you a competitive edge.
2. Experiment with Card Combinations
Don’t merely play high-value cards; experiment with combinations. Healing, for example, can alter your tactics significantly. Include healers when needed.
3. Opt for Low Mana Cost Cards
In the early stages, focus on low Mana cost cards like Skeletal Warrior, especially those with strong Shield abilities.
4. Embrace “Free to Play” Tactics
If you’re new, avoid heavy investments in cards. Utilize basic, uncharged cards like Living Lava, Antoid Platoon, and Tenyii Striker for a robust defense.
5. Invest in Affordable Cards
As you grasp the game, consider purchasing more potent cards. Ant Miners, Battering Ram, and Fineas Rage are excellent choices, each offering unique advantages.
6. Prioritize Rank Advancement
Concentrate on reaching higher ranks, beginning with summoners. Rent advanced summoners when necessary, and focus on developing a select group of cards.
Conclusion
These six strategies are your keys to success in Splinterlands, especially for newcomers. With these tactics, you’ll enhance your gameplay, climb the ranks, and develop effective strategies. Best of luck on your Splinterlands journey, gamers!
If you wanna know more about Splinterlands, go ahead and check the following links listed below:
The Belvedere Museum and Art is releasing a brand-new NFT drop of a revered historical masterpiece in association with artèQ. The most well-known representation of a couple in love will be made available for purchase in a small number of digital excerpts just in time for Valentine’s Day. One of the most well-known pieces of art in the world and the focal point of the Belvedere collection, Gustav Klimt’s The Kiss (Lovers), will be specially reimagined as an NFT project.
Possess a special NFT of The Kiss
Beyond the chance to own a portion of the digitized image of The Kiss, this NFT drop offers more. It is about forging an individual bond with the work of art. joining a group that will be remembered as a forerunner in the metaverse and recorded in the annals of art.
Each piece of the exclusive drop, which is limited to 10.000 units, is a distinct component of the high-resolution image of The Kiss. One NFT is estimated to cost 1.850 €, and each one has the number and its unique coordinates imprinted on it.
10,000 one-of-a-kind unique pieces will be created from a high-resolution digital copy by dividing it into a 100 x 100 grid, and these pieces will be sold as non-fungible tokens, or NFTs, in short. Buyers can register on thekiss.art as the official owner of their piece in addition to buying the NFT, which allows them to view the entire image there. In time for Valentine’s Day, this entry can also be interpreted as a love letter.
Dedicate a Kiss to someone you love
There will be an option to dedicate the piece to your loved one, along with the opportunity to leave a thoughtful message, once you’ve completed the sign-up for The Kiss NFT and had the chance to buy it. There will be a dedication page available following the drop that will list every NFT that has been given to someone worldwide.
Roadmap
Events and Conferences:
Live Event on Discord in May featuring Belvedere and artèQ
The second-largest art fair in South Korea, NFT Talk & Trade Show Art Busan (artbusankorea.com).
Visit www.3protv.com for information on the media tour and sales promotion event that 3Pro-TV is hosting in Seoul.
At MET AMS, artèQ and the Belvedere will be present to discuss our project on a panel and at the conference: met-ams.xyz
To promote “The Kiss” NFTs project at the conference and on the panel, artèQ and the Belvedere will attend NFT.NYC 2022, the premier annual NFT-event: www.nft.nyc
Additional speeches and demonstrations at numerous illustrious events in Austria, such as Conference on Fundraising, Creative Days in Vienna (Vienna Up), WKO Exporttag, Kultursummit, and numerous other events
Marketing
Marketing with Content
Thekiss.art (English) and www.belvedere.at/nft (German/English) offer tutorial videos, a glossary, and an explanation of NFT for beginners in an effort to enlighten newcomers and raise awareness for the project.
Advertising Online
To spread the word about the initiative and direct visitors to The Kiss website, use display ads (banners, videos, etc.).
Partnerships & Influencer Marketing
With the help of top NFT/Art influencers and partner platforms, we created content, held contests, and promoted it (Focus Asia and USA).
NFT dedications and promotion videos are displayed on interactive screens
In two locations at the Upper Belvedere (Marble Hall, near the site of the original “The Kiss”) and Lower Belvedere (Marble Gallery), SAMSUNG Touch 43″ screens show the NFT promo video and dedications. Owners can search and display their dedications and NFTs on the screen.
NFT Postcards
At the ticket counter or via push notification on The Kiss NFT via online ticket to his/her wallet, every visitor receives the NFT postcard.
Museum Promotion
Promotion of “The Kiss” NFT via museum-owned media is frequently done through all channels (Social Media, Newsletter, event promotion etc.)
Perks
Annual Entry for Free
Every “The Kiss” NFT holder receives a complimentary annual ticket to the Belvedere Museum, along with one guest! You can go to the museum several times a year with an annual pass. By connecting your wallet, you can find your redemption code on the MY TOKEN page. Until the end of 2022, redeem the code at www.belvedere.at/tickets. After its issuance, the annual ticket is good for 12 months.
Ambassador Initiative
Become an ambassador to help the project and you could win fantastic prizes. Make use of your unique referral link or code to invite friends to mint a spot. On the MY TOKEN page, connect your wallet and learn more about the program.
artèQ Airdrop
“The Kiss” NFT holders only receive an airdrop of 50 EUR worth of artèQ token (limited-time offer). An inventive method of investing in NFTs with many advantages is the artèQ token. Visit Arteq at https://arteq.io/happening. For a list of airdrops, use the keyword cat.
Coming Soon
NFT Paper Wallet Box debut
NFT-boxes that are ready to go on sale can be found at important partners as well as the museum shops.
Personalized, high-quality NFT goods
Personalized for your NFT, such as stationery, art prints, etc.
Gustav Klimt’s The Kiss
1908/09, “(Lovers)”
In the film The Kiss, the couple is shown being closely entwined, unaware of their surroundings, and lost in their embrace. Gustav Klimt, an Austrian painter, expressed the universal theme of love as the core of human existence in this piece at the pinnacle of his “Golden Period.” For the newly established Modern Gallery in the Lower Belvedere, the Austrian state purchased the piece in 1908, the year it was first presented. Since that time, the painting has remained in the museum’s collection. Today, The Kiss is revered as a symbol of both European Modernism and Viennese Art Nouveau. It is one of the most well-known and widely imitated pieces of art in existence.
artèQ
The Donau-Finanz Group’s artèQ project combines an auction house and NFT investment fund with the intention of fusing innovation, technology, and art. The platform uses the safest technology available to bring artists, art collectors, and investors closer to digital art. Works of art are traded all over the world – in various auction houses or directly with museums and galleries – via artèQ Auction House, a potent online platform that uses cutting-edge technology in a prestigious virtual environment. With a global staff of experts in technology, finance, and the arts, artèQ not only promises professional support but also ongoing adaptation to the most recent advancements in the blockchain market.
Belvedere
The Austrian Gallery Belvedere has three locations where Austrian art is displayed in an international context. An UNESCO World Heritage Site is the baroque Upper and Lower Belvedere complex and its garden. From the Middle Ages to the present, its renowned art collection features works. In addition, the Belvedere has the largest collection of Gustav Klimt paintings in the world, numbering 24 pieces. The Austrian Baroque, Vienna around 1900, and French Impressionism are also notable periods represented by notable works. The Belvedere will continue to be a top-notch museum for years to come with continued development and digitization in every area.
The NFTs will be officially released or “dropped” no later than February 14—Valentine’s Day. The NFT certificates that have been issued will then clearly indicate which portion of the high-resolution image was purchased. Through thekiss.art, a unique declaration of love can be added to the NFT. Beginning on February 14, these dedications will be displayed on the platform. Any commercially available NFT sales platform can be used to resell the NFTs.
If you purchase the NFT, you will be sent a link to your own IPFS NFT. On the website, you can include a dedication next to the NFT. You’ll get an email with a link to the dedication page. Additionally, you will have the option to download the data file for your NFT tile for your own personal use.
Please be aware that “The Kiss” NFTs are only offered for purchase through thekiss.art and opensea.io; always check the platform’s correct URL to make sure it is not a fake website.
Check the following links below for more info and updates:
Crypto futures are contracts between two parties wherein they agree to acquire and sell a predetermined quantity of the underlying cryptocurrency at a predetermined future price on a predetermined date and time. They enable you to become familiar with a variety of cryptocurrencies without ever having to own any of them.
Unlike other exchanges, you don’t need to split your funds in order to trade any of the FTX futures contracts. FTX will automatically use all of your collateral to backstop all of your positions; simply put any collateral into your wallet and start trading whatever futures you desire. It will be deducted from your central collateral if you gain or lose money on any position.
This implies that all of your portfolio is automatically grouped together; you don’t need to handle ten distinct wallets, currencies, or liquidations.
However, you can use subaccounts to separate your positions from one another. You can store money in a subaccount for one position and in a different account for a different position because each subaccount has completely distinct collateral, PnL, etc. You have complete control over this because you can combine or divide your transactions as you see fit.
Here, subaccounts can be made. On that page, you can also move collateral between them.
The simplest way to transition between subaccounts is to use the subaccount bar on trading sites, possibly to change the product you’re trading.
FTX Futures Markets
As you can see in the picture below, by clicking on the “Markets” tab from the top, and clicking on “FUTURES” on the next page, it will bring you to a list of Futures available on the platform.
Next, you will also see the types of Futures available on FTX, as shown below. You will see some expiry dates like December 2022 and September 2022. You also got Perpetual Futures and Index Futures. Perpetual Futures, unlike the traditional form of futures, it doesn’t have an expiry date while Index Futures are futures contracts where you can buy or sell a today to be settled at a specified date in the future at an agreed-upon price.
Most of the people trade Perpetual Futures and so it has the biggest markets among them.
Setting up Margin
Margin in FTX is always Cross-Margin, which means that all of the assets on your account is used as collateral to fund your futures positions. If you have more than one open positions in an account, all of your assets on that account will be used to fund all of those bets. To avoid potentially wrecking your whole account, one technique is to use Isolated Margin.
Isolated Margin is where you essentially have margin and collateral that you put in account to fund each separate position. So that if one goes south and you are in a long position, that gets wrecked but not your other positions. Therefore, creating sub accounts is recommended.
To create a sub-account, just head over to your account by clicking on your account and click on settings, as shown below.
Click on “+” beside “Main Account” and create a name for the sub-account.
Then, you can set leverage on each of the sub-accounts, including your main account.
Funding Rates
Every Futures Market has a funding rate and unlike other exchanges, FTX charges funding every hour. First, choose the market that you want to trade ,let’s say Ethereum Perpetual Futures.
When clicking on ETH-PERP, it will bring you to the trading screen. The important thing to note about funding is that there is a “Predicted Funding Rate” and a time left to wait for the next funding. As you can see in the picture below, there is a -0.0011% Funding Rate and the next funding is in 13 minutes. That means a trader will be paying another trader in thirteen minutes with the said interest rate.
In Futures trading, when you go “Long”, it means you are trading with someone else that is going “Short” and vice versa. On the right side of the trading screen, you can see that you have the index price and the mark price. If the mark price is above the index price, it means that longs will paying shorts and otherwise, shorts will be paying longs.
So in the case of the picture below, mark price is above the index price (which happens most of the time), therefore longs will be paying shorts with the given “Predicted Funding Rate” at the give “Next Funding Time”.
Futures Trading
For a brief overview of the trading screen, you will see the market on the top-left corner where you can change anytime and the Price next to it.
Scroll down and you will see the order book. There you will see the current market price moving, bids are on the left in green and asks are on the right in red. Next to the order book is the Order Entry form where you enter the price, order type and amount of your trade. On the far right side is the list of current market trades. Underneath is where your own current positions, open orders, trade history, etc. are listed.
For basic technical analysis, read our article TIPS AND STRATEGIES ON TRADING FUTURES ON FTX.
Order Entry
Or you can advance your order type by using the calculator. To use the calculator, just click the icon at the top-right corner of the fom.
Using the calculator is much more in-depth. In the Calculator you will want to enter your buy/sell price, your “Take profit exit” and “Stop loss” values based on your technical analysis. For basic technical analysis, read our article TIPS AND STRATEGIES ON TRADING FUTURES ON FTX.
A stop-loss is used to communicate to your broker how much you are willing to risk on a trade. A take profit is pretty much the exact opposite. It informs your broker of the maximum profit you’re ready to realize from a single trade, and it allows you to close the trade if you’re satisfied with the result.
Once you are happy with your order, press “Deposit” button. You will find your current positions just right below the “Order” form where you can cancel or edit them.
FTX is a relatively new cryptocurrency exchange that has gained a reputation for being a reliable and feature-rich trading platform. It houses a variety of derivatives to trade in the platform. FTX is built both for seasoned traders and cryptocurrency beginners as well.
Hold onto your hats, folks! Reddit has stepped into the world of NFTs, and yes, you heard that right. They now offer collectible NFT avatars that are destined to light up the Reddit landscape. In this article, we’ll explore what these NFT avatars are all about and how they’re shaking things up in the Reddit universe.
Reddit, known for its cautious approach when it comes to introducing self-promotional and branding features, has now thrown its hat into the NFT ring. Even the addition of basic profile pages where users could showcase their posts was met with skepticism. Instead of an endless stream of selfies, you’re more likely to encounter variations of Reddit’s mascot, Snoo, as profile pictures. But now, Reddit has introduced something intriguing—blockchain-backed Collectible Avatars, which are none other than NFTs. These digital gems can be acquired in the Reddit Avatar Builder.
The Reddit Vault: Where Collectible Avatars Reside
Currently, the Reddit Vault serves as the digital wallet powered by blockchain technology where users store their community points and manage their collectible avatars. However, unlike some NFT platforms, you can’t directly sell these avatars on Reddit. Instead, they can be traded on secondary markets like OpenSea or SuperRare, adding a layer of excitement to the NFT ecosystem.
The Artistic Touch
What sets Reddit Avatars apart is their collaboration with independent artists. These limited-edition avatars are born from the creative minds of these artists who have teamed up with Reddit. Once acquired, users have the opportunity to customize them in the Avatar Builder. Keep an eye out for the comment sections; these Collectible Avatars sport a “glow-like effect,” akin to Twitter’s hexagon, to distinguish them as NFT avatars. Each design comes in various versions, adding a dash of uniqueness to the mix.
NFTs: A Controversial Topic
It’s worth noting that NFTs have stirred controversy in many communities. Concerns range from the concept of additional DRM (Digital Rights Management) to their association with the “greater fool” theory proposed by Bill Gates. Additionally, there’s the contentious issue of the environmental impact of blockchain energy consumption. Reddit’s move into NFTs has not escaped these debates.
Empowering Artists
Reddit’s primary focus is to empower artists. This is evident through the inclusion of creators from subreddits like r/Comics and other artists making their Reddit debut. The platform has taken measures to prevent fraud by partnering with a security firm. Moreover, Reddit utilizes the Polygon blockchain, known for its cost-effectiveness, though it’s worth noting that Polygon’s energy usage analysis is intertwined with the Ethereum network, as demonstrated by the World Wildlife Fund’s previous NFT launch attempt.
Staying in the Real World
Reddit ensures that cryptocurrency transactions remain at bay. All purchases are conducted using government-issued currency, mirroring the experience of buying something from a physical store. It’s a move aimed at making the NFT world accessible and user-friendly.
Joining the Avatars Community
Initially, access to these intriguing avatars is limited to a select group of Redditors who join the r/CollectibleAvatars community. This community not only offers insights into the project but also provides a behind-the-scenes look at interactions with the artists. If you’re eager to learn more about these NFTs, consider joining the community on Reddit.
In conclusion, Reddit Avatars represent a bold leap into the world of NFTs, adding a new layer of creativity and uniqueness to the Reddit experience. Whether you’re an art enthusiast, a Reddit aficionado, or simply curious about the NFT craze, these collectible avatars are a fascinating addition to the digital landscape. Keep an eye out for these glowing avatars as they continue to illuminate the Reddit community.
