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XDC Network has several benefits over Ethereum Network, including near-zero transaction costs, 2000 TPS at 2-second settlement, and reduced energy consumption. To enable hybrid relay bridges with immediate block finality and compatibility with ISO 20022 financial communications standards, eXchange inFinite (XinFin) has built the XDC Network. With the XinFin Network’s DEX support for XRC20 tokens, many new projects may join the market immediately after development. Let’s look at two new XDC Network DEX, GlobianceDex, and XSwap. Globiance DEX Globiance DEX, released on December 8, 2021, is the first automated market maker (AMM) on the XDC blockchain. In addition to offering Swap, GlobianceDex allows users to earn tokens and use the crypto trading advantages of DEX built on XinFin Network. The Globiance community may add additional tokens to the Globiance DEX default token list. Users may provide feedback through Github, and the development team will respond. Users may trade any token while waiting for the token to be evaluated. Users just put the custom token address in the token list and click “Add” to trade. Once a token is approved, it is added to the default token list, and its pools and trading are available to anyone. On XDC Network, there is XDC native currency (XDC), WXDC (wrapped XDC), GBEX (Globiance native token), and USDG (globiance stable coin). SRX – StorX Network utility Token, and all the coins mentioned above are now available on GlobianceDEX. XSwap Based on the XDC Network, XSwap is a decentralized open-source exchange for XRC20 tokens. Similar to Ethereum in Uniswap AMM, the XDC coin will be utilized in the XDC Swap as an interlink. XSWAP is an AMM system that depends on user-generated liquidity pools to support crypto exchanges. Liquidity providers will freeze their XRC-20 tokens in pools to collect LP rewards. Making farming the most basic passive income option for crypto enthusiasts of all levels. XSWAP will also feature a native staking module. The staking module allows users to pump liquidity into a single coin, unlike liquidity farming. XSwap also offers a developer-friendly blockchain with Github resources and documentation. This simplifies difficult blockchain activities and speeds up the developer experience. With modules for token contract generation, airdrop launch, and multipurpose crypto service platforms, the MyWish platform further simplifies smart contract development for XDC Network. The latest developments on XDC Network show the phase of the fastest-growing XDC Ecosystem. The price of XDC is 0.071 USD at the time of writing as per the CoinmarketCap.   Image: Pixabay

Cryptocurrency prices may be highly volatile, but one thing for sure is that they are here to stay. They were only seen as an alternative to make efficient transactions across borders in the early days. However, governments’ arbitrary inflation of fiat currencies has seen Cryptocurrencies become a far more reliable store of value. But like every nascent industry, the storage of digital assets in the blockchain world has been bedeviled by specific challenges. The anonymity and instantaneous features of blockchain transactions mean that the industry is disproportionately susceptible to fraud. There are two broad ways that users can store their cryptocurrency assets. Hot-wallets (software wallets) can operate on the web or through internet-enabled devices, and Cold wallets, which are physical devices that can store crucial crypto access keys. So far in 2021, Overall losses of funds across decentralized ledgers have exceeded $12 billion. Fraud and theft accounted for 90% of that sum, while 10% was due to crucial user errors such as loss of private keys, transfer of funds to wrong addresses, etc. This indicates that software wallets and custodial wallets carry a significantly higher risk. With Cold storage, on the other hand, assets are stored offline, and consequently, the risk of loss due to hacks, fraud, and operational lapses is mitigated. Experts widely agree that cold wallets are the safest and most secure way to store cryptocurrency assets. In simple terms, cold storage refers to keeping digital assets (cryptocurrencies and tokens) in entirely offline devices. There are generally two forms of Cold storage, namely, paper wallets and hardware wallets. The use of a Paper wallet involves generating private keys and printing them out or writing them down on a piece of paper. Users can then keep them in a secure location of their choosing. On the other hand, hardware wallets come from digitally-encrypted devices such as a USB stick.  These small plug-in devices store critical information needed to authorize cryptocurrency transactions. By using a hardware wallet, users get to store cryptocurrencies offline, far away from the reach of remote hackers. Advantages of using Cold Storage 1.    Security Because cold wallets are not perpetually connected to the internet, they can’t be hacked by hackers on another side of the world. Anyone to steal the crypto assets would have to attack the user physically, which is quite unlikely. 2.    Safe Storage Users can reproduce the access keys and store them in different places. 3.    Easy Transfer of Ownership Millions of dollars worth of crypto assets are lost due to the holders dying without disclosing their software wallet passwords to anyone. With cold storage, investors can easily hand them to an heir as inheritance upon death or unconsciousness. 4.    Extensive Coin Support Unlike Software wallets, cold storage wallets can store a wide range of coins and tokens. There have been many cold wallet brands on the market in recent times. Some of these companies include Trezor, Ledger, Decent, SecuX, etc. But each of these options has a few downsides. For instance, if a user misplaces the device or gets damaged, they may not retrieve the funds. Also, these hardware devices are pretty expensive, and it causes some users to go for cheaper and less secure options. Companies like Simba have studied the market and developed innovative solutions to provide advanced alternatives for cold wallet users globally. Simba is a Swiss, Liechtenstein and UAE registered company that offers cold storage of cryptocurrencies in secure locations around the world. Simba’s unique cold hardware wallets deploy a programmed script and multi-signature algorithms to provide high security and fully-encrypted access to assets via confirmation by single or multiple authorized faces. Some of the Innovative Key Features of Simba Storage: Complete and easy recovery of funds in case of loss of access to the wallet. The ability to legally purchase Bitcoin directly in real-time. Maximum encryption and protection with digital asset information stored across four countries Provision of real-time liquidity with a native ERC-20 token for convenient and quick transactions. Final thoughts Having been described as the wild-wild west of global finance for a long time, many legal companies are springing up across the crypto world, and they are poised to change the narrative. It is expected that innovative companies like Simba will soon overtake the evil and illegitimate ones. Cases of fraud, scams, and theft of digital assets are set to be significantly curtailed across the blockchain world

A blockchain-based decentralized cloud computing infrastructure, XRI has revealed that JasmyCoin, a native crypto asset for data security and sharing services will be available on the Sakura NFT marketplace. The JasmyCoin listing on the marketplace adds to the fast-growing Sakura ecosystem which has witnessed astronomical growth since its launch. JasmyCoin is a native cryptocurrency created by Jasmy Incorporated, which was established in 2016 by a former CEO of Sony Corporation. This token is distributed when users provide their information to the Jasmy IoT platform. It is expected that they can be used for various purposes. This collaboration is aimed at broadening and expanding the ecosystem of the parties involved in it. Sakura Leads NFT Adoption In Japan With Several Collaborations The Japan-based NFT marketplace Sakura is a marketplace for the buying and selling of rare, unique NFTs. Designed mostly for renowned people, celebrities, and upcoming creators who want to share their images, videos, and other items with the globe. Sakura has positioned itself as a branded platform to spearhead the acceptance and growth of non-fungible tokens in Japan. Sakura NFT is bringing tokenized JasmyCoin to the fast-growing Jasmy ecosystem as Jasmy aims to realize “data democratization,” by decentralizing the management of personal data through the “Jasmy IoT Platform,” and the issuance of proof of value exchange and payment for various services. Jasmy services are designed to be used by many people for various purposes. Decentralized cloud computing infrastructure XRI,  is working on the development of the SAKURA NFT Platform,  XRI is a project that intends to deliver decentralized infrastructure to individual Internet users in order to act as the nexus between blockchain technology and the world’s data. Sakura has also formed an alliance with Ai Miura, the first Japanese woman to win a Formula 3 race. She also took home first place in the FIA Solar Car Race Suzuka, the KYOJO Cup, and the VCR Vita. Sakura’s most recent partnership, with JasmyCoin, joins a long list of past collaborations. The Sakura NFT platform differs from other existing NFT platforms in that it incorporates the gold standard concept into the creation of its one-of-a-kind, uncommon NFTs. Sakura is attempting to alter the trajectory of how NFTs are valued. To this end, Sakura has collaborated with Arca Degussa to establish the world’s first gold distribution system in order to make this a reality. Even though NFTs are going mainstream, they are still inextricably linked to the crypto ecosystem and hence subject to market volatility. The innovation brought by Sakura will introduce gold to NFT thereby stabilizing the price flow of Sakura NFTs. This could ultimately be a game-changer for the entire NFT sector and a gateway for further innovations. Sakura is seizing every opportunity to set itself for wider mainstream adoption. About XRI: A Suite Of Decentralized Cloud Computing Platform XRI is on a mission to deliver decentralized infrastructure to individual Internet users to act as the nexus between blockchain technology and the world’s data. XRI is assembling Oracle, a decentralized cloud computing system for user-powered interoperability between the off-chain world and smart contracts, as well as for individual data self-sovereignty. XRI is bringing enterprise solutions to the data market and also solving many of the impending challenges that have eroded the industry. Individual data sovereignty and a multi-cloud decentralized data management philosophy are the foundations of XRI decentralized storage (XRDS). XRDS offers cost-effective solutions to issues that centralized storage systems are unable to solve. Sakura is currently leveraging the cloud services provided by XRI to host its NFT marketplace and provide fast, efficient services to users. On the XRI platform, developers will be able to use popular libraries to construct blockchain applications without having to learn a new programming language. Users will receive an encrypted disk as well as a global login that does not require passwords, allowing them to migrate their data to whatever software they choose.    

The shift to Web 3.0 is unavoidable because this digital revolution is keen on putting power back in the hands of the people, who are the producers of everything. EnjinStarter is here to light the fire that will last a long time in the Enjin and blockchain gaming ecosystems. EnjinStarter comprises a globally dispersed workforce spanning five continents and 20 nations, united by a purpose to create cutting-edge, world-class goods. The team is developing a product ecosystem that will use blockchain technology to enable humans to establish powerful virtual economies. Prakash Somosundram and Alvin Tang are the pioneers that launched ENJINSTARTER in early October 2021- it is a blockchain gaming launchpad that is leading the charge to make the world a better place by responsibly leveraging the disruptive potential of blockchain technology to develop the Enjin ecosystem and Metaverse. It is built on the backbone of Enjin’s JumpNet, with a roadmap leading to Efinity, a polka-para chain. The firm had a successful EJS Coin Initial Dex Offering reaching an All-Time High of 0.249 days after the IDO. Enjinstarter is a Blockchain Gaming and Metaverses-focused Launchpad. The team finished their Token Fundraise via the Initial DEX Offering (IDO) in early October, as mentioned, by raising a total of $5.5 million from both private and public fundraising. So far, they’ve completed 9 IDOs since their founding, with a pipeline of 23 more IDOs to be completed by the end of 2021. Thus, making ENJINSTARTER one of the most successful Blockchain Gaming Launchpad launches. Within three months of the IDO, the company has amassed over 12,000 whitelisted wallets who’ve actively participated in the IDOs on the platform with ROIs of up to 49x. Non-fungible Tokens (NFTs) are at the heart of the platform, and it’ll show you how they’ll help usher in a new era of digital ownership. They started with Ethereum and have expanded to incorporate Binance Smart Chain features and Polygon and Solana as part of the future. The EnjinStarter LaunchPad A specialized blockchain gaming launchpad aimed at assisting creators and game development studios in adopting the ENJIN Ecosystem as part of their Blockchain and Digital Asset strategy. We identify and promote reliable initiatives for capital raising and community management. ENJINSTARTER will allow game creators to experiment with new and inventive ways to fund their projects. Our platform will make it possible for initiatives to raise funds equitably and transparently. Non-fungible Tokens (NFTs) are at the heart of our platform, and it’ll be shown how they’ll help usher in a new era of digital ownership. Beyond which their incubation program will give companies end-to-end support to establish sustainable plans and implement effective campaigns with the help of an approved partner network. This brings EnjinStarter’s entire team to strive to provide developers a means to explore viable alternative ways of earning funds to jumpstart their creative projects by selling digital assets as non-fungible tokens, in addition to merely issuing tokens.

Crypto winters are one of the greatest fears of crypto investors and are predicted to occur in four-year cycles, with the previous cycle occurring in 2018. Moving forth to the year 2021, this phenomenon is believed to have commenced in early November 2021, where massive selloffs of Bitcoin and Ethereum took place as a result of a collective of negative catalysts such as the US Infrastructure Bill, China’s clampdown on Bitcoin mining and the emergence of the Omicron Covid variant, just to name a few. As popular as Bitcoin and Ethereum are, they are still considered as speculative assets by many experts since they are heavily exposed to high-volume trading and market manipulations on major exchanges. Unfortunately, the performance of many crypto sectors and projects closely follows the market patterns of Bitcoin and Ethereum, and thus are not performing well in this crypto winter. Surprisingly, in the midst of this winter, a rising crypto asset class, GameFi, particularly a token such as Jedstar, has been less affected by the effects of crypto winters. In this article, we will reveal how Jedstar intends to shield itself against the negative effects of crypto winters, as opposed to crypto behemoths, namely Bitcoin, Ethereum and Binance Coin, and other GameFi tokens, such as Axie Infinity and Decentraland. Briefly, GameFi is a booming crypto sector that is projected to reach $180 Billion in 2021, with an additional 10% increase in 2022. As a whole, the GameFi sector is the key to crypto mass adoption as gamers are usually not concerned about market corrections or crypto winters, and will continue to acquire gaming tokens to play the games they love or purchase gaming or virtual assets. Short term: Market Performance Following the market trends of Bitcoin and Ethereum last month, many crypto projects, including GameFi projects like Axie Infinity (AXS) and Decentraland (MANA), experienced a similar decline in market caps and prices, except for Jedstar. This is partially attributed to the low market cap of Jedstar. At the time of writing, Jedstar ($JED) holds a small market cap of only $22 Million USD, whereas AXS and MANA share the same market cap of $6.1 Billion USD. Additionally, JED, AXS and MANA have achieved their estimated market cap peaks at $44 Million, $9.2 Billion and $10.6 Billion respectively. In the previous month, $JED has gained a sharp increase in market cap from $8.4 Million USD ($0.19 USD) to $22 Million USD ($0.5 USD). On the other hand, the market cap of AXS has decreased from $9.2 Billion ($150 USD) to $6.5 Billion USD ($106 USD), while MANA saw an increase from $5.3 Billion ($2.9 USD) to $6.4 Billion USD ($3.5). Overall, in terms of market cap for this crypto winter, JED achieved a marked increase of 161%, while AXS and MANA have gained -29.3% and 20.8% respectively. Based on short-termed market cap analysis, Jedstar has performed exceptionally well for the start of this crypto winter, regardless of the fact that volatility has a greater impact on lower market cap tokens. Long Term: Diversification and Utility Jedstar consists of a 3-token DECOsystem, where $JED has been launched 3 months ago, while its second token $KRED is awaiting its presale event on 17 Dec 2021. Acknowledging the devastating effects of crypto winters on cryptocurrencies, Jedstar sets itself up for success by adopting sector- and genre-related diversification strategies, as well as embarking on a utility-focused mission in the long term. Firstly, as a crypto-sector diversification strategy, Jedstar differentiates itself from its GameFi counterparts, such as AXS and MANA, by tapping into the booming crypto sectors of DeFi with $JED and GameFi with $KRED. $JED is the flagship token of Jedstar and will be developed into a full-fledged DeFi token, where investors stand to earn KRED, JED-only perks as well as other additional crypto rewards which are currently not yet revealed. On the other hand, $KRED is primarily developed as a GameFi token to be used on Jedstar’s NFT marketplace, AGORA, and its games platform, STARDOME. Additionally, moving into the GameFi sector Secondly, adopting game-genre diversification, Jedstar is currently working on multiple Play-to-earn and blockchain game genres. For comparison, P2E giants like AXS and MANA are primarily a single game and virtualand respectively that revolves within their own metaverses, whereas Jedstar is involved in the development of CCGs, MetaMMORPGs and hundreds of hypercasual games as a full-fledged multimedia and gaming studio. Jedstar has also revealed that it has plans for film development and a Metaverse within its MMORPGs with intricately woven fantasy lores. For the long term, not known to many, Jedstar strives to further expand its utility through $KRED. $KRED positions itself as a universal currency across multiple gaming platforms and blockchain standards. Conventionally, in terms of utility, GameFi tokens such as Axie Infinity and Decentraland are generally market-monopolistic, wherein their tokens intend to only serve and be used within their very own games, NFT marketplaces and metaverses. As a solution to bring about mass adoption through gaming, KRED deviates from the intended use of these ecosystems through its unique utility where it is specially designed to be blockchain agnostic and will be used as the world’s first CAAS (Currency-as-a-service) across multiple games and platforms, which are not required to be Jedstar-related. What this means is that the use case of KRED is future-proofed and further magnified as it can now be used by any entities involved in blockchain gaming, while not being technologically limited by any new blockchain standards in the foreseeable future. In essence, diversification into the DeFi and GameFi crypto space, coupled with the development of multiple game genres and unique utility of $KRED, Jedstar is well equipped to protect its investors from the negative influence of future crypto winters.   Disclaimer: This is a sponsored post. The content for this article is provided by Jedstar. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of NewsBTC. NewsBTC does not guarantee the accuracy or timeliness of information available in sponsored content like the one above. Image: Pixabay

Whether you are an experienced card game player, a fan of collectibles, or just getting into NFTs, Spellfire Re-Master the Magic is a game to keep your eyes firmly trained on. The creation of a group of crypto developers, Spellfire is a blockchain-based collectible card game (CCG) that finally gives ownership back to its players, in the form of NFT-based cards. However, they also know that the nostalgic feeling many fans get from physical cards is an essential part of the experience, so the game has been designed to seamlessly blend real-world printed cards with their digital equivalents. As it stands, Spellfire is a comprehensive package that manages to pack 30 years of history into a CCG fit for the gamers of today. Regardless of whether you feel most comfortable at a tabletop or in front of your monitor, there will be a method of play to call home. Recent interest in Spellfire has seen its fanbase grow rapidly, and its team now has the happy problem of onboarding hundreds of fans eager to learn more. This week saw the release of the project’s gameplay explainer, which talked viewers through the basics, from character types to each unique phase of gameplay. Those interested in building their first deck of cards will be pleased to learn that future plans include the possibility of earning free starter decks by participating in Discord community events. Gaming NFTs Show Their True Potential The potential of gaming NFTs is starting to come to fruition. In November, users spent 71% more on NFT game items, and Play-to-Earn games now account for close to 50% of all blockchain activity. Gaming NFTs have now been responsible for a staggering $1.08 billion of NFT trading volume. This brings us to Spellfires NFTs. In an industry that is constantly shifting, with new developments being witnessed every day, Spellfire’s physical NFTs remain unique in the space. They are touchable, with each NFT card seamlessly blending its digital form with a physical equivalent. Each card’s value and power can be increased by gaining experience in-game and upgrading them with Spellfire’s currency, MAGIC tokens. Finally, special augmented reality cards help to create a unique sense of immersion via spectacular visuals, gestures and voice commands. Opensea currently has 115 Prime Edition cards available to purchase, and a brief glimpse of what the lucky owners of the game’s physical cards can expect to receive has recently been released. The first thing to note is how strikingly detailed each illustration is. The artists have clearly enjoyed the creative freedom they were afforded for this first release, and one can only imagine where they will take things from here. Original NFT Cards have been treated with holographic foil for a final flourish, and the cards are expected to have broad appeal to both gamers and collectors alike. Not Just Digital Collectibles Spellfire’s NFTs are so much more than digital collectibles. Although it has been built on the technology of today, at its core, it preserves the same feeling that brought in legions of CCG fans in the early ‘90s. Great importance has been placed on retaining the satisfying experience of building a strong deck, implementing a smart gameplan, and outsmarting an opponent in battle. The team has ensured that there will be no shortage of reasons to keep coming back for more. In addition to the Play-to-Earn features detailed below, players can compete in high-stakes ranked gameplay against highly skilled opponents. By staking their NFT cards and MAGIC tokens, victorious players can take home even greater winnings. Play-to-Earn Done Right As you would expect from a CCG firmly positioning itself in the Play-to-Earn space, players can expect to generate income from their favorite cards and by playing the game they love. Buyers of Original NFT Cards earn passively through additional sales of their cards, retaining up to 90% of all profits. Once a non-NFT card has been upgraded enough, it becomes a Playing NFT Card, giving the owner the ability to use the Play-2-Earn systems. 128,000,000 $MAGIC kept for distribution to Spellfire’s community through tournament play and in-game achievements. Although Spellfire is yet to release, development is proceeding at a steady pace. When it becomes available for the public to play, CCG players around the world will have a new game to obsess over, built exclusively with them in mind. By introducing exciting new gameplay, and unique card mechanics that won’t be found elsewhere, Spellfire is ready to set the world on fire. Join Spellfire’s magical universe, or head over to Opensea to get your collection underway.

As the number of DeFi initiatives increases, so does the number of scams and fraudulent development procedures. Every fundraising and development mechanism entails risk, and launchpads are no exception. Investors may never know how the developers will spend the money. Furthermore, the crypto industry has seen several malicious entities use fund-raising techniques such as deceptive roadmaps and commitments to drain investors’ wallets for personal gain. GloryDoge is here to help by establishing a secure DeFi environment that enables the development of creative projects while decreasing the risk for early investors. Glory Pad: The next-gen IDO Launchpad The first platform, GloryPad, allows developers to create IDOs to generate early cash and promote their initiatives. It isn’t just that! GloryPad will transfer ownership of the generated funds from developers to investors by making it impossible for developers to utilize the funds in any way without the authorization and approval of the investors. Developers will need to set tasks, clear paths for where the raised monies will go to generate donations on GloryPad. Chores aren’t required to perform a sale, but the more tasks a sale conducts, the more investors trust the enterprise. Tasks can be compared to future compensation. When the sale’s soft cap is achieved, these payments will be sent automatically. Investors may always double-check the payment’s destination and reject jobs they feel aren’t advantageous to the enterprise. GloryPad will also serve as a social center, connecting developers with funders, marketers, influencers, and other interested parties who may help them launch their ideas successfully. Anyone will be able to submit a task request to any GloryPad project that interests them. GloryPad will also rely extensively on links to various social networks to authenticate the identification of those being compensated for their labor. Glory Dox: the supplement to GloryPad GloryDox is changing how project founders in the DeFi ecosystem verify (dox) their identity. It completely automates the verification process, requiring no human intervention, while also giving investors proof of verification, which helps create confidence. As a result, it gives the founders a robust layer of protection, allowing them to have their identity validated while remaining safe. Veriff is a third-party KYC provider used by GloryDox. After being verified, the founder will receive a badge, which they may display on their website to confirm verification. Additionally, they will add other team members and invite them to complete the verification procedure independently. Each team member will obtain an NFT as proof of verification valid for 12 months once they have been validated. GloryDox is an integral part of the GloryPad onboarding process, and the verification badge will show on every validated project’s presale page. Glory’s launchpad will truly spark a boost of energy in the cryptocurrency industry. It’ll give average investors access to possibilities that were previously exclusively available to venture capitalists and high-net-worth people. It will serve as a link between investors and projects, decentralizing the investment landscape. The increased usage of launchpads, in general, has shifted the crypto sphere significantly, making investments easier, quicker, and more dependable.

One of the primary reasons consumers shop online is to take advantage of the convenience it offers and excellent bargains such as cash-backs, coupons, discounts, and other incentives. Now that we are entering the third generation web – web 3.0,  cryptocurrency is taking the lead in that sense as well. As a consequence, the number of buyers who have embraced cryptocurrencies within e-commerce has grown exponentially. Interestingly, there is a project that is merging these two concepts – it is referred to as SocialGood. About SocialGood – The Crypto Shopping App To address the world’s growing economic inequality problem, the Japan-based Social Good Foundation developed a mobile crypto back app called SocialGood, which stands out because it offers 100% crypto back. This is quite different from other crypto apps that offer cash-back options. With other apps, shoppers can only expect to receive a 1% to 3% cashback. Besides that, other firms offer a waiting period of up to three months. With SocialGood, the waiting period to receive the crypto back can be as little as 30 days. The app is available for both iOS and Android users and it features several eCommerce partners, including eBay, AliExpress, Myntra, Best Buy, Alibaba, and many others. SocialGood aspires to contribute back to the community in which it operates. It is a community-driven cryptocurrency initiative to improve the world and create a win-win-win situation for buyers, merchants, and society as a whole, all while connecting the world through the use of cryptocurrencies and blockchain technology. How SocialGood App Works The process is extremely simple and only involves a few steps. First, shoppers buy goods using fiat currency. They can pay using any of the supported payment options on the eCommerce site. Once they do this, they qualify for up to 100% of the value purchased back in crypto up to $10,000. Second, they will receive a notification that their crypto is pending in the form of the SocialGood coins (SG) within a few days. Shoppers will be able to withdraw this crypto within a month of shopping. The final step is withdrawing the crypto. Crypto can be withdrawn once the partner company has approved the purchase, which can take a month. SG is currently listed on leading crypto exchanges such as BitMart, Uniswap, and Bittrex. Users can also receive up to 15% APY in staking rewards if they hold onto their SG. Since the utility of the SG tokens will continue rising, their value is likely to continue growing with time. The SocialGood app is a growing movement that has over 600,000 members globally.

With Kattana, DeFi finally has a professional trading terminal that matches (and often exceeds) CEX ones. As long as DeFi existed, there has been a massive gap between the tools available to traditional traders on CEXs and outside of crypto vs. the very basic tools available to DeFi traders, often having to just take whatever price is being offered on Uniswap or other AMMs. But what trader wants to be limited by blunt instruments when the price of even a tiny delay can cost millions? The team behind Kattana knew this all too well, having already developed a successful CEX trading terminal. However, creating an effective one for DeFi presented a number of challenges, some of which seemed insurmountable. For starters, it’s hard enough to create an accurate terminal to trade on one blockchain — Kattana’s works on 6 (with more planned). Building anything cross-chain is very difficult, let alone having quick and effective trades cross-chain. Kattana built completely new infrastructure — from scratch — to make cross-chain trading quick, accurate, and secure. The best part about this new infrastructure is that it allows quick updates and massive scalability. The features that will now be possible to release are simply mind-bending. Kattana gives users the ability to trade in real-time on over 40 DEXs across multiple networks. Traders are getting 24 charts on one screen, 3 types of limit orders, an AI-powered news aggregator, data analysis and other innovative tools. Data accuracy is also difficult to achieve in a decentralized marketplace. To this end, Kattana has already 383 million trades on over 800,000 trading tickers. And it’s only ramping up: just on 3 blockchains, Kattana is recording 4-5k trading tickers daily. Kattana’s CEO, Ilya Demydonok, is well aware of the challenges: “Many told me that this was impossible, but our team put in crazy long hours and created a trading terminal not only as good as any CEX but even better.” Sometimes, something that looks easy and obvious is extremely hard to achieve in DeFi. Such is the case with limit orders the way traders are used to them on CEXs. Yet, Kattana’s engineers figured out a way to get them right and will implement proper limit orders into the next update. All these, hard to implement but necessary for traders features create the most powerful and seamless trading experience that finally brings DeFi trading to the pro level.    

The project has adopted a deflationary tokenomic model to ensure network sustainability. A new blockchain project called Archethic has become the first project to burn 90% of their total token supply — within just 6 months of launch of their Mainnet Beta.   The unprecedented mass burn of the $UCO token is a decision made in order to ensure the long-term sustainability of the project, based on the analysis of simulations comparing the circulating supply of their token to the future fully diluted supply. The simulation found a divergence from market standards which was affecting investor trust. “Our commitment, first and foremost, is to the self-sustenance of our network without compromising trust,” said Archethic CEO Sebastien Dupont. “We have big goals of seeing this blockchain being real-world use, and we won’t risk anything which might compromise that.” With an initial $UCO token supply of 10 billion, Archethic is left with 1 billion $UCO tokens post-burn, which have been redistributed to ensure a deflationary tokenomic model. Cryptocurrency tokens that have a permanently limited supply, such as Bitcoin, are deflationary by nature. This ensures the token will never be affected by inflation, which is something that plagues all fiat currencies that are repetitively minted by their issuing governments. A look at the tokenomics breakdown The new tokenomics for Archethic ensures a controlled average annual inflation rate of 10.93% until 2030, after which inflation will be reduced to just 0.5% until the year 2080. At this point, no more tokens will be made available. The new token distribution breaks down thus: Network Funding (38.2%): This includes the circulating supply of 216M, remaining will be used to fund the future blockchain development. Adoption Rewards (23.6%): Controlled by DAO, this wallet is dedicated to promote the use of the Archethic Public Blockchain (incentives for core & dapps developers, grants for new services and rewards for end users by using services). Team & Advisors (14.5%): 2 years cliff from TGE (Token Generation Event) with 60 months linear release with holding incentives & 3 years Cliff from TGE + 60 Months linear release. Stacking Rewards (9%): 9M UCO per year distributed amongst people staking. Exchange Liquidity (5.57%): CEX & DEX Liquidity. Dynamic Miner Reward (3.34%): Supplements the transaction fees to pay fixed miner incentives until transactions fees > miners rewards. This pool helps the network through the bootstrap phase leading to equilibrium and deflation. Gamification & Geo Incentives (3.44%): Used to reward nodes in the parts of the world that are not on the network and also reward the network participants for being hooked-on the network. Gamification would be at the heart of achieving both the objectives. Foundation (2.13%): Non-profit in order to manage decentralized governance of the public blockchain. Built for use in day-to-day life The Archethic blockchain is highly scalable and especially suited for use in industries like communications, marketplaces, retail,  that require scale, where most other blockchains struggle to find actual use cases. It achieves this through a unique consensus protocol called ARCH (Atomic Rotating Commitment Heuristic) Consensus capable of up to 1 million transactions per second. The team claims it is capable of handling the current mining power of the Bitcoin network while consuming 3.6 billion times less energy. The blockchain also enables streamlined biometric Decentralized ID (DID) smart contracts authenticated by fingerprint recognition, another key strength they plan to implement in industry use cases. A smart contract is a contract with preset terms programmed to self-execute when run — Archethic has user identification smart contracts hard-coded into it. They back this capability with high safety standards on par with the aviation industry — the Archethic blockchain is capable of functioning without error even when up to 90% of its network is compromised by malicious actors. “Archethic provides an ecosystem that is ready for various industry use-cases,” Nilesh Patankar, COO said. “During the bootstrap period, token inflation will be balanced by deployment of pervasive use-cases leading to mass adoption and hence token usage. The token economics designed now will maintain the fine balance between inflation, equilibrium and deflation.” Further benefits of the Archethic blockchain There are many other reasons that Archethic is an ideal blockchain for real-world use. In addition to being the fastest, most secure and most environmentally-friendly blockchain, Archethic is also very programmer-friendly, cheap to use and ideal for use in NFT, communication, identity verification and other common applications. Archethic’s smart contracts are being touted as the most advanced in the industry but also very easy to program with. They are based on the concept of Unspent Transaction Output (UTXO), an abstraction of cryptocurrency remaining after each transaction, which ensures high accountability. Archethic’s network, biometrics and smart contract architecture is backed by 12 international patents. Transaction fees are also guaranteed to remain low, priced at around 0.1% of each transaction amount and kept in check with both upper and lower thresholds. Users won’t have to worry about running into ridiculously high transaction fees as the UCO token grows in market value, a significant problem that now stymies the Ethereum network. For NFT marketplaces built on Archethic, management of royalty payments, access and exploitation rights is natively integrated. As the blockchain has been specifically built from the ground up to accommodate modern use cases, it is able to make every related process much smoother than other blockchains. The blockchain is also suitable for custom-build applications such as Decentralized Web & Decentralized Mail. In fact, the team boasts it is capable of the most secure email solution possible, with all data being encrypted and stored only once, no matter how many recipients are involved. Communication will also be made more secure through the aforementioned fingerprint DID. Archethic’s biometric DID capabilities will also make it capable of providing instant, unforgeable identity authentication to institutions such as banks, universities and hospitals, or any other third party. DID is made possible across international borders, without any privacy disclosure whatsoever. With Know-Your-Customer (KYC) protocols becoming more and more commonplace as the planet’s governments scramble to keep tabs on an ever-intermixing global economy, DID is set to become very important in the coming years. Archethic is well-positioned to tackle this growing need head-on. The use of Archethic Blockchain is unlimited and there are already more than 25,000 holders of the native UCO token. The team is growing fast and by 2022 the full deployment of the Archethic network, which will allow ERC-20 tokens to be moved to Archethic, will happen. The team also plans to exponentially grow the number of token holders by then and attract tech and R&D talent to further grow its presence across the world. With a talented and experienced team of tech professionals, R&D, marketers and business development personnel, Archethic seems poised to create a new generation of blockchain that is sustainable, scalable, secure and inclusive.