Bacoor &#8211; KEYRING PRO

Rarible

Top 9/10 NFT Dapps

Rarible is an open-source NFT marketplace that empowers users to create, sell, and buy NFTs.

It is one of the earliest and most popular NFT marketplaces, fostering a large and active user community.

Support Chain

Ethereum (with plans to add support for other blockchains)

Key Features as NFT Dapps

Governance token: RARI token holders influence platform decisions and can earn rewards for participation.
Diverse NFT selection: Rarible hosts a broad range of NFTs, appealing to various interests.
User-friendly interface: The platform is designed for ease of use, enhancing accessibility.
Community engagement: Rarible actively involves its user community, fostering collaboration.

Token

The Rarible token, represented by the symbol RARI, is a digital token that operates on the Ethereum blockchain.

Think of it as a special coin used within the Rarible NFT marketplace.

It gives people certain rights and benefits related to the platform.

Utility

If you have RARI tokens, you get some special perks, like:

Governance Rights: This means you can vote on important decisions about how the Rarible platform works. You can suggest and vote on things like changing fees or making the platform better.
Rewards Programs: If you hold RARI tokens, you can earn more of them by helping out the Rarible community. This could be things like referring new users, adding money to the platform, or joining discussions.
Access to Exclusive Features: RARI token holders might get access to special features or benefits that others don’t. This could include early access to new things, discounts on fees, or faster support from the Rarible team.

Tokenomics

There are a total of 1.6 billion RARI tokens that can ever exist.

These tokens are divided in different ways:

Community (60%): This part goes to the Rarible community. They give it out in various ways, like giveaways, rewards, and for people who help make decisions about the platform.
Team and Investors (30%): Some of it goes to the people who started Rarible and the folks who invested money in it early on.
Advisors (4%): A small amount is for the people who give advice to the Rarible project.
Marketing and Ecosystem Development (4%): Some is used to advertise and grow the Rarible platform.
Foundation (2%): A bit goes to a non-profit group called the Rarible Foundation, which helps make sure Rarible stays strong in the long run.

Vesting Schedule

The way RARI tokens are given out is controlled by something called a vesting schedule.

This means you don’t get all your tokens at once.

Instead, they’re released slowly over time to keep things fair and encourage people to stick with Rarible. Here’s how it works:

Community (60%): 50% of the community allocation is unlocked immediately, while the remaining 50% is vested over a period of 2 years.
Team and Investors (30%): 50% of the team and investor allocation is unlocked immediately, while the remaining 50% is vested over a period of 4 years.
Advisors (4%): 25% of the advisor allocation is unlocked immediately, while the remaining 75% is vested over a period of 2 years.
Marketing and Ecosystem Development (4%): 50% of the marketing and ecosystem development allocation is unlocked immediately, while the remaining 50% is vested over a period of 2 years.
Foundation (2%): 10% of the foundation allocation is unlocked immediately, while the remaining 90% is vested over a period of 4 years.

Solanart NFT

Top 8/10 NFT Dapps

Solanart is a peer-to-peer NFT marketplace built on the Solana blockchain, catering to users looking to buy, sell, and create NFTs.

Its zero-fee structure allows creators to retain their full profits from NFT sales.

Support Chain

Solana

Key Features as NFT Dapps

Zero-fee NFT trading: Solanart stands out for its cost-effective approach, benefitting creators and buyers.
Diverse NFT selection: Solanart hosts various NFT types, including digital art and gaming items.
User-friendly interface: The platform prioritizes user experience and accessibility.
Community-driven: Solanart encourages a collaborative environment among NFT enthusiasts.

Element Market

Top 7/10 NFT Dapps

Element Market is an aggregated NFT marketplace aiming to provide users with a comprehensive platform for buying, selling, and trading NFTs.

It consolidates data from multiple NFT marketplaces to offer a unified view of the NFT market.

Support Chain

Ethereum, Polygon, Solana, Immutable X, Avalanche, Flow, and more

Key Features as NFT Dapps

Aggregated marketplace: Element Market simplifies NFT trading by aggregating data from various sources.
Cross-chain compatibility: It supports multiple blockchains, allowing users to trade NFTs across ecosystems.
Advanced tools: Element Market offers analytics and trading tools to assist users in making informed decisions.
User-friendly interface: The platform prioritizes an intuitive design for all user levels.

JPEG NFT

Top 6/10 NFT Dapps

JPEG NFT Marketplace is an Ethereum-based NFT marketplace known for its emphasis on high-quality JPEG NFTs.

Its user-friendly interface and low fees attract collectors and digital art enthusiasts.

Support Chain

Ethereum

Key Features as NFT Dapps

High-quality JPEG NFTs: JPEG NFT Marketplace curates a selection of top-tier JPEG NFTs.
User-friendly: The platform offers an intuitive experience for users.
Competitive fees: Low transaction fees make it appealing to both buyers and sellers.
Community engagement: JPEG NFT Marketplace fosters a supportive community of creators and collectors.

X2Y2

Top 5/10 NFT Dapps

X2Y2 is a next-generation NFT marketplace built on Ethereum.

It addresses limitations of existing marketplaces with innovative features like zero fees, bulk listing, and rarity tools.

Support Chain

Ethereum

Key Features as NFT Dapps

Zero fees: X2Y2 distinguishes itself with fee-free trading, benefiting traders.
Bulk listing and batch purchasing: Time-saving features for traders listing multiple NFTs.
Rarity tools: X2Y2 provides tools to identify rare NFTs, assisting collectors.
Community ownership: Governance token holders influence platform decisions and earn rewards.

Token

The X2Y2 token, represented by the symbol X2Y2, is like a special digital coin that works on the Ethereum blockchain.

It’s the token that people use within the X2Y2 NFT marketplace.

Think of it as your ticket to having a say in how the platform grows.

Utility

Having X2Y2 tokens gives you some cool benefits:

Governance Rights: If you own X2Y2 tokens, you get to vote on important stuff like changes to the platform, how much fees should be, and other big decisions.
Staking Rewards: You can also stake your X2Y2 tokens to earn even more X2Y2 tokens. It’s like growing your crypto garden, and it helps make the X2Y2 platform stronger.
Priority Access to Features: People with X2Y2 tokens might get special treatment, like early access to new stuff, discounts on fees, or invites to exclusive events.

Tokenomics

There’s a total of 1 billion X2Y2 tokens that will ever exist.

They’re divided up like this:

NFT Staking (45%): This allocation is dedicated to users who stake NFTs on the X2Y2 platform, incentivizing participation in the ecosystem and providing liquidity for NFT trading.
Staking Reward (20%): This allocation is used to fund the staking rewards program, rewarding users who stake their X2Y2 tokens.
Airdrop (12%): This allocation is reserved for an initial airdrop distribution to early adopters and supporters of the X2Y2 platform.
Development and Team (10%): This allocation is dedicated to the X2Y2 team and early development efforts.
Treasury and Ecosystem (10%): This allocation is reserved for the X2Y2 treasury, funding future development initiatives and ecosystem growth.
Presale (1.5%): This allocation is dedicated to the X2Y2 presale, providing early access to tokens for a limited number of participants.
Liquidity Management (1.5%): This allocation is used to manage liquidity pools and ensure smooth trading of X2Y2 tokens.

Vesting Schedule

The way you get your X2Y2 tokens isn’t instant.

It’s spread out over time to keep things fair and encourage people to stick around. Here’s how it works:

1. NFT Staking (45%): Vested over a period of 1 year.
2. Staking Reward (20%): Vested over a period of 2 years.
3. Airdrop (12%): Unlocked immediately.
4. Development and Team (10%): 25% unlocked immediately, with the remaining 75% vested over a period of 4 years.
5. Treasury and Ecosystem (10%): Unlocked immediately.
6. Presale (1.5%): 25% unlocked immediately, with the remaining 75% vested over a period of 3 months.
7. Liquidity Management (1.5%): Unlocked immediately.

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OKX NFT Marketplace

Top 4/10 NFT Dapps

OKX NFT Marketplace is a one-stop platform for creating, buying, and selling

NFTs across multiple blockchains. Part of the OKX exchange ecosystem, it offers cross-chain compatibility and zero-fee trading.

Support Chain

Ethereum, OKC, BSC, Polygon, Solana, Aptos, Avalanche C, Immutable X, Arbitrum One, and more

Key Features as NFT Dapps

Cross-chain support: OKX NFT Marketplace enables NFT trading across various blockchain ecosystems.
Zero-fee trading: Zero fees attract users and promote adoption.
Diverse NFT selection: The platform hosts a wide range of NFT categories.
User-friendly: It offers an intuitive interface for easy navigation.

ImmutableX NFT Marketplace

Top 3/10 NFT Dapps

Immutable X Marketplace is a layer-2 NFT marketplace built on Ethereum, addressing scalability and cost issues.

It offers zero gas fees, instant trades, and high throughput.

Support Chain

Ethereum

Key Features as NFT Dapps

Zero gas fees: Immutable X offers fee-free trading, particularly advantageous for small transactions.
Instant trades: Near-instant transaction processing enhances the user experience.
High throughput: The platform handles up to 9,000 transactions per second, making it highly scalable.
Security: Built on Ethereum, Immutable X benefits from Ethereum’s robust security.

Token

IMX is like the special coin for the Immutable X protocol.

It’s a digital token that makes the protocol work, and you can use it for a few things.

Utility

The IMX token has three core use cases:

Paying Fees: When you use the protocol, 20% of the fees need to be paid using IMX. It helps keep the protocol running and gives people who have IMX a reason to see it succeed.
Staking: You can also stake IMX tokens to earn a piece of the fees the network collects. It’s like putting your IMX to work and getting paid for it.
Voting: If you have IMX, you can vote on important decisions about how the protocol should work. It’s like having a say in the protocol’s future.

Tokenomics

There are a total of 2 billion IMX tokens. They’re divided up like this:

Ecosystem development: About 51.74% goes to help the ecosystem grow.
Project development: Around 25% is set aside for developing the project itself.
Private sale: About 14.26% was sold privately to a select group of people.
Public sale: Only 5% was sold to the public.

Vesting Schedule

Private Sale: People who bought IMX tokens in the private sale had to wait for one year before they could start using them. After that, they could unlock a bit each month for two years.
Public Sale: Those who bought IMX tokens in the public sale had to wait for six months before they could start using them. After that, they could unlock a bit each month for two years.

OpenSea

Top 2/10 NFT Dapps

OpenSea is the world’s leading NFT marketplace, facilitating the creation, buying, selling, and discovery of NFTs.

It supports multiple blockchains and boasts a diverse NFT selection.

Support Chain

Ethereum, Polygon, Solana, Klaytn, Avalanche, Immutable X, and more

Key Features as NFT Dapps

Wide range of supported blockchains: OpenSea allows NFT trading across various ecosystems.
Diverse NFT selection: It hosts a vast array of NFT categories, appealing to various interests.
User-friendly interface: The platform prioritizes ease of use for all users.
Community engagement: OpenSea actively involves its user community, fostering collaboration.

BLUR

Top 1/10 NFT Dapps

Blur is an NFT marketplace tailored for professional NFT traders.

It offers a flexible fee structure and unique features to meet the needs of experienced traders.

Support Chain

Ethereum

Key Features as NFT Dapps

Zero fees for listings and trades: Blur’s fee structure favors professional traders.
Flexibility for creators: Creators set royalty fees, giving them control over earnings.
Advanced trading features: It offers batch shelf and floor-sweeping transactions, enhancing trading efficiency.
Liquidity aggregation: Blur sources liquidity from multiple platforms, ensuring ample trading opportunities.

Token

BLUR is the native utility token of the Blur NFT marketplace (NFT Dapps).

It is an ERC-20 token that is used to pay for fees, staking, and governance.

>> BLUR Crypto Price <<

Utility

The BLUR token has four core use cases:

Paying Fees: Unlike most NFT Dapps that charge fees to buyers and sellers, Blur doesn’t charge any fees in BLUR. Instead, they make money by taking a small percentage from every trade.
Staking: If you have BLUR tokens, you can stake them to get rewards. These rewards can include airdrops, discounts on fees, and access to cool features.
Voting: If you’re a BLUR token holder, you get a say in important decisions about how Blur should work. This includes things like adding new features and deciding how to use community funds.
Marketplace Discounts: When you list an NFT for sale and set a royalty rate of 0.5% or more, the price of your NFT will be a bit lower based on how many BLUR tokens you have. This encourages fair royalties and helps you sell your NFTs.

Tokenomics

There are a total of 3 billion BLUR tokens. They’re divided up like this:

Community Airdrops: About 12% of BLUR tokens were given to the community as airdrops. That’s like a surprise gift to some lucky folks.
Lock-up Contracts: The majority of BLUR tokens (78%) are locked up for a while. This means they can’t be sold or moved around right away. It’s done to make sure lots of people have BLUR tokens and to keep the price steady.
Multi-sig Wallet: The Blur team controls a small part (9%) of the BLUR tokens through a multi-signature wallet. This helps with managing the project.

In 2024, these top 10 NFT DApps are at the forefront of the NFT revolution, offering innovative solutions, diverse offerings, and community engagement.

As the NFT space continues to evolve, these platforms are likely to play a pivotal role in shaping its future.

Whether you’re an artist, collector, or trader, these DApps provide unique opportunities to explore and engage with the NFT ecosystem.

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What is Crypto 30x?

Bacoor — Mon, 06 Nov 2023 07:23:36 +0000

In this article, we will delve into the concept of ‘Crypto 30x’, assess whether cryptocurrencies can truly achieve such returns, and explore how to identify crypto opportunities with this potential. Additionally, we’ll highlight some promising cryptocurrencies that could aim for the coveted 30x mark by 2024. It’s crucial to emphasize that this article does not constitute financial advice, and investing in cryptocurrencies carries inherent risks.

What is Crypto 30x?

The term “Crypto 30x” is a shorthand way of expressing the idea that an asset, in this case, a cryptocurrency, has the potential to increase in value by 30 times its current price.

The world of cryptocurrency has witnessed remarkable growth and innovation over the years. Investors have been drawn to this digital asset class due to its potential for significant gains.

In simpler terms, if you invest $1,000 in a cryptocurrency that achieves a 30x return, your investment would be worth $30,000. This level of growth is substantial and is a primary driving force behind the excitement and allure of the crypto market.

Can crypto really do 30x?

Yes, cryptocurrencies have shown the potential to achieve returns of 30x or even more. A few examples from recent history demonstrate this possibility:

Solana (SOL): In the span of a year, Solana witnessed an astonishing price surge, rising from around $1 in January 2021 to over $200 in November 2021. This phenomenal growth represented a more than 200x increase in value, showcasing the remarkable potential of certain cryptocurrencies.
Cardano (ADA): Another noteworthy example is Cardano, which climbed from approximately $0.18 in January 2021 to over $2 in November 2021, marking an impressive 11x increase.
Avalanche (AVAX) and Shiba Inu (SHIBA) are additional cryptocurrencies that experienced substantial gains during the same period.

It’s important to note that past performance is not indicative of future results. The cryptocurrency market is highly volatile, and achieving a 30x return comes with significant risks. Investors should exercise caution and conduct thorough research before making any investment decisions.

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How to find Crypto 30x opportunity?

Identifying a Crypto 30x project requires a strategic approach. Here are some factors to consider when searching for such opportunities:

Project Idea and Vision

The first consideration when assessing a crypto 30x project is its underlying idea and vision.

Is the project based on a novel and innovative concept, or is it a replica of existing projects?

While uniqueness is valued, it’s also crucial to evaluate whether the idea is practical and addresses real-world issues.

Project Category

The project’s category is another critical factor. Does it belong to the ecosystem, privacy, NFT gaming, DeFi, or P2E, among others?

Understanding the project’s category helps gauge its growth potential within its niche and its attractiveness to potential investors.

Product Development

The presence of a functional product or platform is a significant indicator. Evaluating how well the product performs, what problem it aims to solve, and how it compares to similar existing products is essential.

For projects without a product, examining their roadmap and development plans is crucial.

Roadmap

A project’s roadmap outlines its developmental stages, milestones, and future plans.

Adherence to the roadmap demonstrates commitment and credibility.

For projects without a product, the roadmap serves as a guide to anticipate their product launch and make informed investment decisions.

Tokenomics

Tokenomics, which combines “token” and “economics,” plays a pivotal role. Analyzing token distribution, allocation, and utility within the project’s ecosystem is key.

Well-designed tokenomics can incentivize investors and users, contributing to long-term growth.

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Team, Backers, and Investors

The project’s team is a vital element. Researching team members’ experience, contributions to the crypto and blockchain space, and involvement in building a strong community is essential.

Additionally, considering the project’s backers and investors, especially reputable venture capital firms, can provide insights.

UI/UX

User interface (UI) and user experience (UX) are often underestimated but critical aspects.

A user-friendly, visually appealing platform that addresses user needs and provides a seamless experience can attract and retain users.

Media Presence

Media, community building, and marketing campaigns are crucial for visibility and growth. A project with a strong media presence, an engaged community, and effective marketing strategies is more likely to succeed.

Price Chart Analysis

After evaluating the above criteria, analyzing the project’s price chart is essential.

When conducting price analysis for a Crypto 30x project, one of the most crucial steps is to assess its market capitalization and fully diluted valuation.

Market capitalization represents the total value of a project’s circulating tokens or coins, calculated by multiplying the current token price by the total supply in circulation.

It provides a snapshot of the project’s relative size within the crypto market.

Fully diluted valuation, on the other hand, takes into account not only the circulating supply but also includes all potential tokens or coins that could enter the market, such as those held by the team, investors, or reserved for future use.

This metric offers a more comprehensive view of a project’s potential future market cap and potential dilution of existing tokens.

By considering both market cap and fully diluted valuation, investors can better gauge a project’s growth potential and its susceptibility to price fluctuations due to additional token releases.

If a project meets most criteria and its token price is relatively low, it may present a favorable investment opportunity.

Crypto 30x for 2024

While searching for Crypto 30x projects with certainty is challenging, some cryptocurrencies have promising characteristics that may lead to substantial growth by 2024:

Hashflow (HFT)

Hashflow is a decentralized exchange focused on providing high-frequency trading (HFT) capabilities to retail traders.

The platform’s unique liquidity aggregation algorithm aims to offer the best prices across multiple exchanges.

The native token, HFT, has the potential for significant appreciation as the platform gains more users.

#TokenOfTheDay $HFT #notfinancialadvice @hashflow is a decentralized exchange platform that facilitates seamless and commission-free trading of assets across different blockchain networks. It offers several key features. Read below

— KEYRING PRO (@KEYRING_PRO) October 9, 2023

Casper (CSPR)

Casper is a blockchain platform designed to enhance security and scalability.

Utilizing a Proof-of-Stake (PoS) consensus mechanism, users can earn rewards for staking their tokens.

The native token, CSPR, may see substantial growth as the platform continues to attract users.

DYDX (DYDX)

DYDX is a decentralized exchange that facilitates leveraged cryptocurrency trading.

Its margin trading system allows users to trade with up to 10x leverage.

The native token, DYDX, may experience significant value growth as the platform’s user base expands.

Hedera (HBAR)

Hedera is a blockchain platform employing Hashgraph technology to provide fast and secure transactions.

The native token, HBAR, has the potential to appreciate significantly as the platform gains wider adoption.

Conclusion

The prospect of achieving a Crypto 30x return on investments is undoubtedly alluring.

However, it is essential to remember that investing in cryptocurrencies carries inherent risks.

The crypto market is highly volatile, and prices can fluctuate dramatically.

Before investing, conduct thorough research, assess tokenomics, evaluate the community’s strength, and understand the utility of the native token.

Furthermore, it is advisable to consult with a financial advisor and exercise caution when investing in this dynamic and evolving asset class.

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Disclaimer

This article does not constitute financial advice. Cryptocurrency investments involve risks, and individuals should conduct their own research and seek professional guidance before making any investment decisions.

What is zkPass?

Bacoor — Tue, 31 Oct 2023 04:55:01 +0000

In a world where our digital lives are increasingly intertwined with our personal data, concerns about privacy and data security have never been more pressing.

Enter zkPass, a revolutionary privacy-preserving protocol for private data verification that is set to redefine the way we interact with the digital realm.

In this article, we delve into zkPass, exploring its key features, advantages, a real-world use case, and the noteworthy investors who believe in its potential to reshape our online experiences.

What Is zkPass?

zkPass, short for “Zero-Knowledge Pass“, is a groundbreaking protocol that puts users in control of their private data.

At its core, zkPass enables individuals to selectively and privately verify their data on any HTTPS website, all while safeguarding sensitive information from prying eyes.

The protocol leverages advanced technologies such as Multi-Party Computation (MPC), Zero-Knowledge Proofs (ZKP), and three-party Transport Layer Security (3P-TLS) to achieve this feat.

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Investors Who Believe in zkPass

August 3rd, 2023, New York, US — The project achieved a significant milestone by securing $2.5 million in seed round funding. This strong vote of confidence came from a lineup of renowned investors who recognize zkPass’s potential to transform the digital landscape.

Notable investors in zkPass include Sequoia China, Binance Labs, OKX Ventures, dao5, SIG DT Investments, Inc., Leland Ventures, Cypher Capital, Blockchain Founders Fund, and others.

This substantial financial injection will propel zkPass forward, facilitating the launch of its Pre-alpha Testnet and expanding its team with exceptional developers and cryptography researchers.

The investment signifies the belief in zkPass’s vision to revolutionize the industry by prioritizing heightened privacy and security for all.

As the project continues to develop, zkPass aims to redefine how private data is verified online, ensuring a future where individuals control their personal information, and privacy is respected.

Unveiling the Key Features

Privacy-Preserving Data Verification

One of its standout features is the ability to allow users to prove the validity of their data without revealing any sensitive personal information.

This means you can verify crucial information, such as your identity, financial records, healthcare details, and more, without the need to expose your private data to third parties.

Your information remains in your hands, enhancing your online privacy.

Verifiability Through Three-Party TLS

The protocol reimagines the standard TLS protocol, turning it into a three-party TLS.

This innovation ensures the provenance of your private data.

It guarantees that only you can decrypt the data, while the MPC nodes within the protocol verify that no tampering occurs.

This robust system offers unparalleled data integrity, authenticity, and validity.

Compatibility and Anti-Cheating Mechanisms

It seamlessly integrates with any HTTPS website, eliminating the need for APIs or licenses.

Additionally, it boasts advanced anti-cheating mechanisms.

The decentralized network of MPC nodes collaborates to divide the Session Key, making it nearly impossible for malicious actors to engage in identity theft or data tampering.

Memory-Efficient Zero-Knowledge Proofs

Zero-Knowledge Proofs play a pivotal role in zkPass’s operations, ensuring that data validation occurs without revealing the underlying data itself.

The protocol employs VOLE (Vector Oblivious Linear Evaluation)-based IZKP, which generates ZK Proofs locally in your browser, delivering millisecond-level performance.

This efficiency is a game-changer for privacy-preserving technology.

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Advantages of zkPass

Enhanced Data Privacy and Security

The foremost advantage of the project is the enhanced privacy and security it brings to online interactions.

In an era plagued by data breaches and identity theft, zkPass empowers users to retain control over their private data, mitigating the risks associated with exposing sensitive information.

Versatility Across Industries

Its versatility knows no bounds.

It can be seamlessly incorporated into various sectors, including finance, healthcare, education, social networking, gaming, and supply chain management.

Wherever trust and privacy are paramount, zkPass offers a robust solution.

Compatibility and Ease of Adoption

One of zkPass’s strengths is its compatibility with existing HTTPS websites.

Businesses and individuals can adopt zkPass without the need for complex integrations or additional licenses, lowering the barriers to entry for privacy-preserving solutions.

A Glimpse into a Real-World Use Case

Imagine a world where you can verify your identity online without exposing personal information.

The project makes this a reality.

Users can validate their identity securely and selectively, preventing identity theft and safeguarding their privacy.

Whether it’s for job applications, accessing financial services, or participating in online communities, zkPass ensures your identity is verified without compromising your personal data.

Conclusion: Shaping a Privacy-Centric Digital Future

It is more than just a protocol; it’s a catalyst for change in the digital world.

By harnessing the power of MPC, ZKP, and 3P-TLS, zkPass empowers users to protect their privacy while engaging in online interactions.

Its compatibility, security features, and support from top-tier investors position it as a frontrunner in the quest for a privacy-centric digital future.

With zkPass, you can look forward to a world where your private data remains under your control, and your privacy is cherished.

It’s not just a technological advancement; it’s a testament to the resilience of privacy and data security in the digital age.

What is IYK?

Bacoor — Wed, 18 Oct 2023 04:00:21 +0000

In a digital age where brands and creators are constantly seeking new ways to engage with their audience, IYK has emerged as a game-changer in the realm of digi-physical experiences.

What is IYK?

IYK’s Concept

Imagine a world where physical products come alive with a touch of your smartphone, where attending a concert or owning a limited-edition T-shirt becomes a gateway to exclusive digital content.

This is the reality that IYK, short for “Identify Your Kit” is creating.

It is a platform that seamlessly merges the physical and digital worlds, enabling brands, musicians, artists, and creators to forge deeper connections with their audience.

The Core Idea

At its core, it leverages the power of near-field communication (NFC) and blockchain technology to tokenize physical items and in-real-life (IRL) experiences.

NFC chips, strategically embedded in various products, serve as the bridge between the tangible and the virtual.

Who invests in the project?

Its groundbreaking vision has not gone unnoticed in the tech and investment communities.

A recent $16.8 million fundraise, led by a16z Crypto and featuring participation from notable investors such as Collab Currency, Lattice Capital, 1kx, Palm Tree Crew, Synergis Capital, Coop Records, and individual leaders like Gmoney, Snowfro, and Justin Aversano, underscores the immense potential seen in IYK’s technology.

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Explaining the Technology

NFC Chips: The Enablers

NFC chips are the heart of its technology.

These chips are placed on a variety of surfaces, including apparel, wood, glass, rubber, and plastic.

Unlike QR codes, which contain static data and can be cloned, NFC chips have unique encryption keys.

They emit dynamic, expiring links, ensuring that anyone accessing authenticated content from an IYK device is doing so from a genuine product.

No App Required

One of the user-friendly aspects of the project is that it does not require a dedicated app.

Most modern smartphones are equipped with NFC reader capabilities, similar to what Apple Pay and Google Pay use.

To access the exclusive content stored within an IYK-tagged item, users can simply tap the NFC chip with their phone.

Gas Fees and Chain Agnosticism

Its technology is chain-agnostic, meaning it can work with different blockchain networks.

It’s most easily compatible with Ethereum Mainnet, Optimism, Polygon, and other EVM-based chains.

NFTs linked to IYK-tagged items conform to the ERC721 standard. On Polygon, the project covers all the gas fees, ensuring a smooth experience for both brands and end-users.

However, on Ethereum Mainnet, users are responsible for their own gas fees.

Proof of Proximity

Security is a top priority for this platform.

To ensure the authenticity of the user, its products emit dynamic, single-visit links via NFC.

These links expire after they’re accessed once or within 30 minutes. Scanning the NFC chip requires physical proximity of about 2cm, making it challenging for unauthorized access.

This “proof of proximity” adds an extra layer of security.

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The Next Chapter: Phygital

A new and captivating concept emerges: “Phygital,” or “Digi-Phygital.”

This term represents a revolutionary fusion of the tangible and the virtual, bringing together real-world products and non-fungible tokens (NFTs) to create a unique and immersive experience for consumers and collectors alike.

It embodies the idea that physical items, such as clothing, artwork, or collectibles, can transcend their traditional boundaries and become gateways to exclusive, digital content and ownership.

The beauty of Phygital lies in its ability to elevate the value and engagement surrounding physical items.

It transforms everyday products into tangible tokens of authenticity, providing collectors with proof of ownership and access to a parallel digital universe.

This concept is not limited to art or fashion; it extends to various industries, including music, gaming, and entertainment, where the convergence of the physical and digital realms enriches the user experience.

PhygitalX developed by Bacoor is another platform to explore the Phygital space.

Partners of IYK

The project has forged partnerships with industry leaders across various sectors, including fashion, music, and art.

These partnerships have allowed IYK to showcase the versatility of its technology and its ability to enhance the connection between brands and their IRL fans.

Adidas: Adding a Digital Layer of Authenticity

Adidas, a global fashion and sportswear brand, collaborated with IYK to release a limited shirt collection in 2023.

These shirts were equipped with IYK-powered NFC chips, adding a digital layer of authenticity.

Each shirt was uniquely assigned to one of eight “Alter Egos,” making the collection highly collectible and exclusive.

9dcc: Empowering Brand Ambassadors

9dcc’s Networked Products, powered by IYK, empowers brand ambassadors to drive brand growth by gamifying ownership through the product’s chip.

Product owners can participate in weekly competitions, check-in their items at events, and refer friends to purchase, creating a sense of community and engagement.

VÉRITÉ: Exclusive Content for Fans

Independent musician VÉRITÉ used IYK’s technology in her latest Crewneck release.

Fans could tap the NFC chip on the Crewneck to get early access to new songs and sign up for exclusive updates.

The non-shareable links incentivized fans to purchase their own Crewneck, strengthening their connection with the artist.

BB3 Labs: Fostering Real-World Connections

BB3 Labs’ Technical Goods leverages IYK’s technology to encourage fans to meet in real life (IRL) for a chance at rare digital rewards.

This innovative approach blends the digital and physical worlds to create unique fan experiences.

Potential in the Future

The project has come a long way in bridging the gap between digital and physical experiences, but its journey is far from over.

The introduction of the platform is a significant step forward.

This self-service portal allows brands, musicians, artists, and creators of all kinds to deploy digi-physical experiences without the need for technical knowledge.

The Platform & Its Principles

Its Platform is designed with customizability and extensibility in mind.

Ready-to-Use Chips

Brands can sign up with their email and order ready-to-use NFC chips delivered to their doorstep.

The project supports a variety of chip types for standalone use or embedding in products.

IYK Modules

Customizing the tap experience is made easy with no coding required.

Brands can deliver exclusive video content through IYK Beams, mark special events with branded NFT drops, and integrate with third-party platforms for more engagement.

IYK API

For those who want programmatic control, the IYK API provides features like digital twin identification, validated chip scans, and module permissions, enabling unparalleled flexibility.

This allows for the creation of branded worlds and experiences tailored to a brand’s unique vision.

The Backers

IYK’s $16.8 million fundraise, led by a16z Crypto, provides the financial backing needed to expand its reach and impact.

With a wealth of insights from successful creator experiences and partnerships, IYK is well-equipped to extend its bridge to more creators and their customers and fans.

Co-Creating the Next Chapter

To brands, musicians, artists, and creators worldwide, the project extends an invitation to co-create the next chapter of digi-physical experiences.

Collaborate with this new platform to redefine the boundaries and craft experiences that resonate both online and offline.

Conclusion

IYK’s technology, driven by NFC and blockchain, has the potential to revolutionize how brands and creators engage with their audience.

Its partnerships with industry leaders demonstrate the real-world applicability of its solutions.

As it continues to innovate and expand, the project is poised to lead the way in the exciting realm of digi-physical experiences.

What is Islamic Coin?

Bacoor — Thu, 12 Oct 2023 03:58:48 +0000

In an era where cryptocurrencies are revolutionizing the world of finance, a new digital currency is emerging with a unique mission – to cater to the specific needs and values of the global Islamic community.

Islamic Coin (ISLM) and the Haqq Network are pioneering a path to financial empowerment, adherence to Shariah principles, and innovative blockchain technology.

In this article, we delve into the intricacies of Islamic Coin, the Haqq Network, their tokenomics, adoption of Cosmos SDK, the importance of Shariah compliance, and more.

What is Islamic Coin?

About Islamic Coin

Islamic Coin (ISLM) is a Shariah-compliant digital currency that seeks to address the financial requirements and principles of the Muslim community worldwide.

Drawing inspiration from the Quran, which mentions gold and silver as examples of worldly pleasures, ISLM aligns itself with these cherished commodities.

Just as gold and silver hold intrinsic value and scarcity, ISLM boasts a deflationary nature, creating an environment similar to that of precious metals.

One of the defining characteristics of ISLM is its limited supply, with new coins only being minted by validators and stakers at a predetermined rate.

This scarcity ensures that the currency cannot be arbitrarily inflated, a key concern for many traditional fiat currencies.

The token operates without the involvement of interest rates, adhering to the Islamic prohibition against usury.

This aligns with the ethical values of the Muslim community, which frowns upon profit generated from charging or paying interest.

Funding Round

On June 28, 2023, Islamic Coin, the pioneering Shariah-compliant cryptocurrency with a strong commitment to ethical finance, achieved a groundbreaking milestone by securing a remarkable $200 million investment from ABO Digital, a subsidiary of Alpha Blue Ocean.

This significant infusion of capital propelled Islamic Coin’s total funding to an impressive $400 million, surpassing well-known industry giants such as Circle, BlockFi, and Solana.

This achievement stands as one of the most substantial fundraising feats ever witnessed in the history of the cryptocurrency space.

Its Potential

Islam is one of the world’s major religions, with over a billion followers worldwide.

By late 2021, Islam was estimated to be the second-largest religion in the world, after Christianity.

It has a significant presence in many countries, including the Middle East, North Africa, South Asia, Southeast Asia, and beyond.

The potential of Islamic Coin lies in its ability to provide the Muslim community with a financial instrument that aligns with their values and traditions.

It offers a secure and compliant means of conducting financial transactions, investments, and savings, all while fostering economic independence and philanthropy within the community.

Islamic Coin RPC (HAQQ RPC)

HAQQ Mainnet RPC

Chain ID: 11235
Network Name: HAQQ Mainnet
RPC URL: https://rpc.eth.haqq.network
Symbol: ISLM
Explorer: https://explorer.haqq.network/

HAQQ Testnet RPC

Chain ID: 54211
Network Name: HAQQ Testnet
RPC URL: https://rpc.eth.testedge2.haqq.network
Symbol: ISLM
Explorer: https://explorer.testedge2.haqq.network/

Add RPC to KEYRING PRO

Download KEYRING PRO on iOS, Android, APK, Huawei App Gallery, or Mac M1
On home screen, tap ‘Menu’ icon
Choose ‘Manage Chains’
Tap on the ‘+’ icon
Insert RPC parameters, please refer to the RPC section above.
Tap ‘Add’
On the home screen, choose an address you want to use on the newly added chain, or you can create a new account
Choose ‘Use this address with other chains’
Choose the newly added chain
Tap ‘Create’

>> ZkSync Airdrop <<

>> What is Linea Wallet? <<

What is HAQQ?

About HAQQ

The Haqq Network, the foundation upon which Islamic Coin is built, is a blockchain platform designed to uphold Islamic financial views and practices.

“Haqq,” meaning “Truth” in Arabic, serves as the guiding principle behind this network.

It strictly adheres to Islamic perspectives and traditions concerning finance.

Built on the Cosmos Software Development Kit (SDK), the Haqq Network boasts compatibility with other blockchains based on Cosmos SDK, such as EVMOS, Cronos, and Osmosis.

This interoperability allows for seamless integration with the broader blockchain ecosystem.

Ethereum Tooling

The HAQQ Network’s Ethereum compatibility allows developers to leverage the full suite of Ethereum tooling, including smart contract development, decentralized finance (DeFi) protocols, and decentralized applications, while operating on HAQQ’s blockchain infrastructure.

>> What is Story Protocol <<

Seamless Transition

For developers familiar with Ethereum’s programming languages, such as Solidity, and accustomed to its development environment, transitioning to HAQQ becomes a seamless process.

They can carry over their expertise, codebase, and existing projects to HAQQ without the need for significant modifications.

EVM (Ethereum Virtual Machine) Support

At the core of HAQQ’s Ethereum compatibility is support for the Ethereum Virtual Machine (EVM).

The EVM is a runtime environment that executes smart contracts on the Ethereum network.

HAQQ’s EVM support ensures that smart contracts written in Solidity and other Ethereum-compatible languages can run on the HAQQ Network without modification.

Interoperability

One of the primary benefits of Ethereum compatibility on HAQQ is interoperability.

Developers can create DApps that seamlessly interact with other Ethereum-based applications and protocols, opening up a world of possibilities for cross-chain integration and asset transfer.

Islamic Coin Utility

Smart Contract Fuel & Transaction Fees

ISLM is used to pay transaction fees, and to deploy Smart Contract within the network.

This ensures that users have a means of covering the costs associated with their transactions while also contributing to the security and maintenance of the blockchain.

Governance

ISLM holders can participate in network governance, contributing to decision-making processes.

This democratic approach to governance allows users to have a say in the direction of the network and the implementation of changes and upgrades.

Staking

Validators and delegators can stake ISLM coins, adding security to the network and earning rewards in return.

Staking incentivizes network participants to lock up their coins, which enhances the network’s security and stability.

New ISLM coins are minted with each block, and gas fees collected from users are distributed among validators, delegators, and two DAOs (Evergreen DAO and Haqqers DAO).

Notably, 10% of newly minted coins are deposited into the Evergreen DAO, which funds Islamic internet projects and charitable initiatives, marking a significant introduction of direct economic value to the community.

Islamic Coin Tokenomics

Token Supply

Token Name: Islamic Coin
Token Symbol: ISLM
Max Supply: 100,000,000,000 ISLM
Capped Supply: Yes
Decimal: 18
Each block generates fresh ISLM coins and collects gas fees from users. These newly minted ISLM coins and the accumulated gas fees are distributed among validators, delegators (27.4% – 73%), and two distinct DAOs – the Evergreen DAO (10%) and the Haqqers DAO (16.9% – 62.6%).

Vesting

Century Coinomics is designed with a finite supply model, featuring an emission process spanning a century. Over this duration, the emission rate decreases every two years until a total of 1 billion ISLM coins have been minted.

Initial Detail

The initial supply, totaling 20,000,000,000 ISLM, was generated in a genesis block and distributed among various entities as of August 2023. The distribution breakdown is as follows:

Private Sale Buyers – 2,930,000,000 ISLM
Reserved Private Sale – 1,000,000,000 ISLM
Founders Reward – 3,000,000,000 ISLM
Partners and Advisors – 5,470,000,000 ISLM
Business Reserve – 5,480,000,000 ISLM (with 1,000,000,000 ISLM reserved for future Core Team incentives)
In circulation – 120,000,000 ISLM
Evergreen DAO – 2,000,000,000 ISLM

(*) The initial issuance price of ISLM stands at $0.25 per token.

It’s worth noting that coins allocated for the Evergreen DAO and Haqqers DAO will remain locked until they undergo full development, rigorous testing, successful security audits, and deployment on the Mainnet.

Adoption of Cosmos SDK

The Haqq Network’s adoption of the Cosmos SDK represents a strategic choice, as it is one of the most widely used frameworks for building blockchains.

The Cosmos SDK provides the Haqq Network with several advantages as below.

Interoperability

The Cosmos SDK allows the Haqq Network to interact with other Cosmos-based blockchains and, in the future, with Ethereum.

This interoperability opens up a world of possibilities for cross-chain communication and asset transfer.

Security and Consistency

The SDK’s consensus engine, Tendermint Core, ensures that the same transactions are recorded in the same order on every machine.

This security and consistency are paramount for maintaining a robust and reliable blockchain network.

High Throughput

The Haqq Network inherits high throughput and instant finality from Tendermint Core, making it suitable for a wide range of applications beyond the finance realm, including social platforms, games, and educational projects.

The Significance of Shariah Compliance

Shariah Oracle

Shariah compliance is at the heart of the Haqq Network’s mission.

It refers to adherence to Islamic law and principles derived from the Quran and the Hadith.

Shariah compliance in finance involves adhering to ethical and moral guidelines, such as avoiding interest (riba), gambling (maysir), and excessive uncertainty (gharar).

To ensure adherence to Shariah principles within the Haqq Network, the Shariah Oracle is introduced.

This oracle acts as an on-chain registry of Halal Certificates, verifying the ethical relevance of smart contracts for Muslim users.

The Shariah Oracle plays a pivotal role in maintaining the network’s ethical protection and transparency.

Halal Certification Process

The Shariah Oracle employs a two-level approval process:

Community Approval: ISLM stakers have the power to grant community approval to projects, allowing them to be listed in the HAQQ Wallet Marketplace. Users interacting with non-community-approved contracts receive a warning notification, ensuring they only engage with verified smart contracts.
Shariah Board Approval: Shariah approval is granted by a Shariah Board and indicates a project’s Shariah compliance. Smart contracts with Shariah approval receive a Shariah-compliance mark. The board may also revoke its endorsement if a project exhibits non-compliant behavior.

The Shariah Oracle serves as a vital tool to minimize unethical or Haram activity within the network while providing users with a trusted environment for their financial activities.

Conclusion

Islamic Coin and the Haqq Network represent a significant step towards financial inclusivity and ethical finance for the global Islamic community.

With a focus on Shariah compliance, interoperability, and a deflationary economic model, these initiatives aim to empower individuals while maintaining adherence to Islamic principles.

As blockchain technology continues to evolve, Islamic Coin and the Haqq Network offer a promising path for the future of Islamic finance and blockchain innovation.

What is opBNB?

Bacoor — Tue, 10 Oct 2023 08:56:01 +0000

What is opBNB

At its core, opBNB serves as a layer 2 solution integrated with Binance Chain (formerly Binance Smart Chain), offering users newfound control over their data assets within the Binance ecosystem.

Unlike other platforms, the chain doesn’t introduce a new native token; instead, it utilizes BNB itself.

This approach ensures that BNB remains the main utility token, functioning both as a gas token and a governance token on the platform.

>> ZkSync Airdrop <<

>> What is Linea Wallet? <<

opBNB RPC

opBNB Mainnet RPC

Chain ID: 204
Network Name: opBNB Mainnet
RPC URL: https://opbnb-mainnet-rpc.bnbchain.org
Symbol: BNB
Explorer: http://opbnbscan.com/

opBNB Testnet RPC

Chain ID: 5611
Network Name: opBNB Testnet
RPC URL: https://opbnb-testnet-rpc.bnbchain.org
Symbol: tBNB
Explorer: http://testnet.opbnbscan.com/

Add RPC to KEYRING PRO

To add BSC Testnet RPC to KEYRING PRO, please follow the steps below.

Download KEYRING PRO on iOS, Android, APK, Huawei App Gallery, or Mac M1
Create a multichain account
Add RPC

On home screen, tap ‘Menu’ icon
Choose ‘Manage Chains’
Tap on the ‘+’ icon
Insert RPC parameters, please refer to the RPC section above.
Tap ‘Add’
On the home screen, choose an address you want to use on the newly added chain, or you can create a new account
Choose ‘Use this address with other chains’
Choose the newly added chain
Tap ‘Create’

opBNB Faucet

Faucets are often used in Blockchain and cryptocurrency communities as a way to distribute tokens to users for testing and experimentation purposes on testnets.

These test tokens have no real-world value and are intended solely for testing within a Blockchain network.

In this case, there is no dedicated faucet for the chain, instead, users need to follow the steps below.

Get tBNB on Binance Chain: Users typically need to visit the BNB faucet website (https://testnet.bnbchain.org/faucet-smart), complete any required captcha or verification process, and provide their testnet address (where they want the test tokens to be sent).
Bridge tBNB to opBNB: Once received the test token (tBNB), users can start bridging tBNB to opBNB chain via the testnet bridge at https://opbnb-testnet-bridge.bnbchain.org/deposit

opBNB Explorer

An opBNB Explorer, in the context of this layer 2, is a web-based tool or service that allows users to explore and view various information related to transactions, blocks, addresses, and other data on the Blockchain.

It provides a user-friendly interface for interacting with and navigating the new layer 2, making it easier for users to track transactions and monitor network activity.

To access opBNB Explorer for mainnet, go to https://opbnbscan.com/

To access testnet Explorer, go to https://testnet.opbnbscan.com/

opBNB Bridge

The opBNB Bridge is a crucial component within the ecosystem that facilitates the seamless transfer of assets and data between the opBNB Blockchain and the Binance Chain (BSC).

This bridge acts as a conduit for cross-chain interoperability, allowing users to move assets and data between these two Blockchain networks efficiently.

To access the bridge, go to https://greenfield.bnbchain.org/en/bridge

How it Works

Integration with Binance Chain (BSC)

This layer 2 operates within the broader Binance Chain ecosystem, intricately linked to Binance Chain itself.

This integration ensures that data permissions and management logic are directly connected to BSC.

In essence, opBNB harmonizes data ownership with the decentralized finance (DeFi) landscape of BSC, allowing users to interact with their data assets seamlessly across both platforms.

Storage Providers (SPs)

Central to the network’s operation is its network of “storage providers” (SPs).

These entities, whether individuals or organizations, offer storage services on the platform.

SPs play a critical role in responding to user requests for uploading and downloading data.

They also function as gatekeepers, overseeing user rights and authentications, thereby ensuring data remains secure and readily accessible.

Cross-Chain Bridge

Facilitating the seamless transfer of assets and data between opBNB and BSC is a native cross-chain bridge.

This bridge empowers users to transfer assets, including BNB, between the two chains with ease.

This interoperability ensures that users can make the most of their assets and data across both platforms.

Consensus Mechanism

This layer 2 employs a unique consensus mechanism that combines elements of Delegated Proof of Stake (DPoS) and Proof of Authority (PoA).

In this system, validators take turns producing blocks, much like Ethereum’s Clique consensus design.

The validator set is determined through a staking-based governance process, promoting decentralization and community governance.

This hybrid consensus mechanism ensures efficient transaction processing and faster block production.

Fast Finality

In the realm of Blockchain, finality is of paramount importance.

The chain is poised to deliver fast finality, a feature that instills confidence in the accuracy of the latest finalized block.

Fast finality empowers users to make swift, informed decisions, ultimately enhancing the overall user experience.

What are its Advantages

Decentralized Data Management

A standout advantage of this Layer 2 lies in its commitment to decentralized data management.

Users enjoy unparalleled control over their data assets, including the ability to grant access, modify permissions, create, delete, and execute data-related functions.

This degree of autonomy empowers individuals and organizations to tailor their data management to their precise needs.

Data Assetization

The chain introduces a groundbreaking concept: data assetization.

All data and access permissions within the platform can be represented as Non-Fungible Token (NFT) assets on the Binance Smart Chain network.

These assets are fully tradable and interactable on BSC, facilitating the flow of data value across a plethora of decentralized applications (dApps) and opening up new avenues for data monetization.

Programmable Data Ownership

The platform offers users the freedom to program their data ownership rules.

This customization ensures that data management aligns precisely with individual requirements, providing a tailored experience for each user.

Seamless User Experience

This network strives to provide a user experience that rivals that of state-of-the-art cloud storage services while maintaining cost-efficiency.

Users can interact with the platform using their Blockchain addresses as identifiers, seamlessly connecting with features and smart contracts on both opBNB and BSC.

This streamlined experience simplifies user onboarding and enhances accessibility.

What is the Greenfield Blockchain?

To fully grasp its role in the BSC ecosystem, it’s imperative to understand its connection to the Greenfield Blockchain. The Greenfield Blockchain serves as the foundational infrastructure for the opBNB platform, offering the core support needed for its operation.

Decentralized Storage of Data

Greenfield Blockchain plays a pivotal role in the Greenfield ecosystem by facilitating decentralized data storage.

Any individual or organization can register as a storage provider, and Greenfield records the distribution of data across multiple storage providers.

This approach guarantees data redundancy and availability.

Data Ownership

Greenfield empowers users with comprehensive data ownership management functions.

Users can exercise control over their data assets, including granting access, modifying permissions, and defining data ownership rules.

Greenfield’s commitment to data ownership aligns perfectly with its objectives.

Data Assetization on BSC

A significant aspect of Greenfield’s ecosystem is its ability to represent data and access permissions as NFT assets on the Binance Smart Chain.

These assets are fully tradable and interactable on BSC, promoting the flow of data value across the broader Blockchain landscape.

Validator Role

Validators within the Greenfield Blockchain ecosystem play a pivotal role in maintaining the network’s security and reliability.

They are responsible for achieving consensus on cross-chain events, relaying cross-chain packets, and ensuring the integrity of data provided by storage providers.

Validators also actively participate in governance, voting on issues related to the platform’s development, and adjusting network parameters as necessary.

>> What is ROSE Crypto <<

What is Story Protocol?

Bacoor — Fri, 06 Oct 2023 08:11:50 +0000

In May 2023, Story Protocol raised an astonishing $29.3 million in a seed round led by A16z Crypto. Other notable participants in this seed round included prominent entities like Hashed, Endeavor, Samsung Next, Foresight Ventures, Dao5, Insignia Venture Partners, Alliance DAO, and Mirana Ventures.

This article delves into the essence of Story Protocol, its remarkable fundraising achievements, the purpose it serves, and why content creators and IP owners should consider embracing this groundbreaking protocol.

What is Story Protocol?

The digital age has transformed the way we create, share, and protect intellectual property (IP).

In this era of innovation, a web3 startup called Story Protocol is making waves by redefining the landscape of intellectual property management through the power of Blockchain technology.

Story Protocol is an innovative blockchain-based intellectual property (IP) protocol designed to revolutionize the way intellectual property is created, managed, and licensed in the digital age.

It offers a global and scalable library of intellectual property assets, empowering creators to tap into a decentralized ecosystem that enables them to protect, monetize, and collaborate on their creative works with unparalleled transparency.

>> ZkSync Airdrop <<

>> What is Linea Wallet? <<

Story Protocol Funding Rounds

Story Protocol (Official Website) has garnered significant support from investors and industry leaders, solidifying its position as a key player in the blockchain and IP management space.

In a recent milestone, Story Protocol successfully completed a Series A funding round, securing an impressive $25 million in investments.

Leading this funding round was a16z crypto, a renowned entity in the world of cryptocurrency and blockchain investments.

This achievement comes on the heels of Story Protocol’s earlier funding round in the same year, where it raised an astonishing $29.3 million in a seed round.

Notable participants in this seed round included prominent entities like Hashed, Endeavor, Samsung Next, Foresight Ventures, Dao5, Insignia Venture Partners, Alliance DAO, and Mirana Ventures.

Additionally, influential angel investors, such as David Bonderman, the founder and chairman of TPG Capital, and Roham Gharegozlou, the founder and CEO of Dapper Labs, joined the ranks of Story Protocol supporters.

What Is the Purpose of the Protocol?

At its core, Story Protocol aims to disrupt the traditional landscape of intellectual property management by harnessing the transformative capabilities of blockchain technology.

The protocol seeks to empower creators by providing them with a platform that enables unlimited creativity.

Create

Story Protocol empowers content creators to produce, protect, and license their intellectual property seamlessly and transparently on the blockchain.

It eliminates barriers to entry, allowing creators from diverse backgrounds to participate in the creation process.

Manage

The protocol offers a suite of tools for the efficient management of intellectual property rights, attribution, and provenance.

These features ensure the security and authenticity of intellectual property assets.

License

Story Protocol facilitates frictionless licensing of intellectual property, allowing creators to set transparent and programmable licensing conditions.

This innovation simplifies the complexities of traditional IP licensing negotiations and paves the way for scalable licensing models.

Remix and Compose

The protocol actively encourages the remixing and composing of intellectual property assets, fostering a dynamic ecosystem of collaborative creativity.

This collaborative approach enables creators to build upon existing works, creating a thriving creative community.

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Download KEYRING PRO to explore the Web3 space.

Why Do You Need Story Protocol?

Story Protocol offers an array of compelling reasons for content creators and intellectual property owners to embrace this transformative platform.

Democratized Creation

The Protocol democratizes the creation of intellectual property by making it accessible to a global audience.

It eliminates geographical and economic barriers, enabling creators from various backgrounds to participate in the creation process.

Enhanced Protection

The blockchain’s immutable nature ensures the security and authenticity of intellectual property assets.

Creators can trust that their works will be protected from unauthorized use, plagiarism, and intellectual property disputes.

Transparent Licensing

Creators can define and implement transparent and programmable licensing conditions on the blockchain.

This innovation simplifies the traditionally complex IP licensing process, allowing creators to set licensing parameters that align with their preferences.

Monetization Opportunities

Story Protocol opens up new monetization opportunities for creators by providing mechanisms for shared upside and royalty streams.

This approach encourages both original creators and those involved in remixing and derivative works to benefit from their contributions, creating a positive-sum game for all participants.

Integration with Web3

As a web3 startup, Story Protocol is at the forefront of blockchain technology, aligning with the future of the internet.

It offers compatibility with emerging web3 platforms and technologies, positioning creators for success in the evolving digital landscape.

Introducing the Founders and Team

The visionary team behind Story Protocol comprises individuals with diverse experiences and a shared commitment to revolutionizing the intellectual property landscape.

Seung Soo Kim (CEO)

Seung Soo Kim (Twitter), a co-founder of Story Protocol, serves as the Chief Executive Officer.

His entrepreneurial journey includes founding Radish Fiction, a storytelling app that garnered significant attention when it was acquired by Kakao for $440 million in 2021.

Jason Levy (Co-Founder)

Jason Levy (Twitter), another co-founder of Story Protocol, boasts senior positions at tech giants Amazon and Apple in his background.

Before co-founding Story Protocol, he launched World Between Worlds, an entertainment app that allowed users to explore real-world places inside their mobile phones.

Jason Zhao (Co-Founder)

Jason Zhao (Twitter), yet another co-founder, previously served as a product manager at Google’s AI subsidiary, DeepMind, showcasing his expertise in cutting-edge technology.

Ben Sternberg (CFO)

Ben Sternberg (Twitter), the Chief Financial Officer of Story Protocol, has a background as the CFO of Radish Fiction before joining the Story Protocol team in September of the previous year.

Conclusion

Story Protocol stands as a groundbreaking approach to intellectual property management, providing creators with the tools and opportunities to thrive in the evolving digital landscape.

With significant funding and a visionary team, it is poised to reshape the future of intellectual property on the blockchain, democratizing creation and fostering a collaborative creative community.

>> What is ROSE Crypto <<

Linea Airdrop

Bacoor — Mon, 25 Sep 2023 03:41:06 +0000

About Linea Airdrop

Linea Network Overview

Linea is a Layer 2 solution for Ethereum built on zkEVM technology, with an experienced team from Consensys, the parent company of major products like the Metamask wallet and Infura.

In its latest roadmap, Linea also mentioned the goal of Decentralized Governance, which means transitioning to a decentralized governance model, a core element of which is the introduction of a native token.

On March 15, 2022, ConsenSys made a significant announcement regarding the successful completion of a $450 million USD funding round, which has propelled its valuation to exceed $7 billion USD.

Leading this funding effort was ParaFi Capital, a participant in ConsenSys’ Series C round in November 2021. Notably, this round also attracted new investors, including prominent names such as Temasek, SoftBank Vision Fund 2, Microsoft, Anthos Capital, Sound Ventures, and C Ventures.

ConsenSys has been at the forefront of pioneering foundational software for the next era of the internet, known as Web3.

One compelling indicator of the worldwide embrace of Web3 technology is the remarkable growth of MetaMask, a self-custodial wallet under ConsenSys’ umbrella.

MetaMask now boasts over 30 million Monthly Active Users (MAUs), marking a remarkable 42% growth within just four months.

This global user base relies on MetaMask for activities such as minting and collecting NFTs, engaging with DAOs, and participating in DeFi protocols. Notably, some of MetaMask’s most active markets include the United States, the Philippines, Brazil, Germany, and Nigeria.

>> What is Linea Wallet? <<

>> ZkSync Airdrop <<

? Linea Airdrop Criteria

The basic criteria for not missing out on Linea Airdrop rewards are not much different from other Layer 2 solutions:

Bridge funds into Linea Network, ideally min 1 ETH, not limited to 10 ETH and above;
Conduct at least 50 transactions during three distinct months with volume of $10,000;
Provide minimum liquidity of $1,000;
Earn at least 20 points on Gitcoin Passport;
Buy and hold NFTs;
- Do not transfer tokens or NFTs between different wallets;
- Do not deposit tokens into the same exchange address.

Source: giphy

>> What is Gitcoin Passport <<

Steps To Join Linea Airdrop

Transfer ETH to Linea Network via Linea Bridge

Linea Bridge is a cross-layer bridge, built by the Linea team that allows users to transfer assets between Ethereum and Linea.

It is a two-stage process: users first deposit their assets into the bridge contract on the origin chain, and then withdraw them from the bridge contract on the destination chain.

In fact, to transfer ETH from Ethereum blockchain to Linea, you need to follow a simple process.

Go to bridge.linea.build
Connect your wallet
Choose an asset to bridge
Set an amount of token to transfer
Click ‘Start Bridging’

The bridged token should appear in your wallet in less than 10 mins.

>> Add Linea RPC <<

Other alternative bridges include:

Layerswap: layerswap.io
Orbiter: orbiter.finance
Rhino Bridge: app.rhino.fi

Use DEXs on Linea

At the time of this article, Kyber Swap is the leading DEX on the network.

You can make a few trades on the DEX and add liquidity to enhance your credit score.

Go to kyberswap.com
Connect your wallet
Make sure the choosen chain is Linea
Choose a token to swap

To add liquidity, you can head to ‘Earn’ then choose ‘Pools’. To reduce the risk of impermanent loss, you can choose stablecoin pools to add liquidity.

Syncswap is another option for you to experience DEXs on Linea. To access the DEX, you can visit syncswap.xyz.

This alternative is pretty much similar to Kyber Swap, where you can trade and add liquidity easily.

Use LineaBank Lending Platform

LineaBank Lending is a decentralized lending protocol that allows users to borrow and lend assets on the Linea Layer 2 zkEVM rollup.

It is a peer-to-peer protocol, meaning that borrowers and lenders interact directly with each other without the need for a middleman.

Once the transaction is confirmed, the borrowed assets will be deposited into your wallet. You will need to repay the loan with interest by the due date. If you fail to repay the loan, your collateral may be liquidated.

To access the platform, you can visit lineabank.finance

Buy and Sell NFTs on Linea

There are currently two NFT marketplaces supporting the Linea Network.

You can choose one of these markets to experience NFT trading:

Zonic: zonic.app
Bilinear: bilinear.io

In addition, you can check your eligibility to claim ConsenSys NFT at discover.consensys-nft.com/linea/voyage

Purchase Domain on Linea

Linea Name Service (LineaNS) is a decentralized naming service that allows users to register and manage unique domain names across multiple blockchains.

It is built on the Linea network and powered by LayerZero.

To access the platform, you can visit app.lineans.domains

In Conclusion

The Linea Airdrop represents a compelling and transformative opportunity for cryptocurrency enthusiasts looking to strategically enhance their digital asset portfolios.

This innovative initiative, known as the Linea Airdrop, holds the potential to bestow a significant and advantageous boost upon its participants.

By distributing free tokens to eligible individuals, it offers the chance to diversify their holdings in a dynamic and potentially lucrative manner, ultimately leading to the enhancement of their overall financial standing.

In the ever-evolving landscape of blockchain and cryptocurrencies, opportunities like the Linea Airdrop serve as catalysts for change and growth. Cryptocurrency holders often seek ways to optimize their investment strategies, and airdrops are becoming increasingly popular for achieving these objectives.

With Linea Airdrop, participants have the opportunity to receive a valuable allocation of tokens without direct financial investment, a proposition that can be particularly appealing in a space known for its volatility.

Diversification is a cornerstone of sound investment practices, and the Linea Airdrop aligns perfectly with this principle.

What is Gitcoin Passport?

Bacoor — Fri, 22 Sep 2023 04:01:16 +0000

Gitcoin Passport: An Essential Tool for Airdrop Enthusiasts

The early months of 2023 witnessed a crypto market rebound, and major projects seized this opportunity to launch tokens accompanied by substantial airdrops.

However, the issue of cheating still persists, and the goal remains to eliminate as many cheating wallets as possible.

This is where Gitcoin Passport becomes indispensable for airdrop enthusiasts who don’t want to miss out on significant opportunities.

What is Gitcoin Passport?

Gitcoin Passport, also known as the Gitcoin Passport app, allows users to verify their identity on the web3 without relying on centralized databases.

To verify their identity, users need to collect “badges” from various verification sources on both web2 and web3, such as Google, Twitter, Lens Protocol, zkSync, and more.

Projects can easily integrate Gitcoin Passport by using a pre-developed SDK, which provides criteria to eliminate Sybil users from airdrops and other activities.

>> What is Linea Wallet? <<

>> What is Linea Faucet? <<

>> zKsync Airdrop <<

Why Gitcoin Passport is a Must-Have for Airdrop Enthusiasts

As mentioned earlier, projects can use Gitcoin Passport for user identification and airdrop distribution.

Although Gitcoin Passport may not be widely adopted in the community or projects at the moment, consider the success of Github, which is almost universally used by current crypto projects for open-source development.

(Source: Giphy)

Gitcoin Passport’s SDK currently supports projects with three key features:

Airdrop Protection: Ensures that airdrops reach genuine users, not farmers (users with multiple wallets).
Sybil Prevention: Safeguards the community or application against Sybil attacks.
Bot Prevention: Protects the community or application from bot attacks.

Recently, Gitcoin Grant Rounds have been organized to help projects raise funds from the community. To participate, users are required to have a minimum of 15 Gitcoin Passport points.

zkSync is a project with significant airdrop potential and has a long-standing relationship with Gitcoin, supporting user donations in Grant Rounds through the zkSync Lite network. Opening an account on zkSync Lite also fulfills Gitcoin Passport requirements.

How to Register for Gitcoin Passport

Step 1: Access and Connect Wallet

Visit: https://passport.gitcoin.co/#/welcome
Choose “Skip for now” and connect your wallet while signing transactions.

How to connect wallet to Gitcoin Passport with KEYRING PRO

It only takes a few seconds to connect wallet to Gitcoin Passport with KEYRING PRO.

Step 2: Obtain Web2-related Badges

Web2-related badges are the easiest to obtain within Gitcoin Passport. Connect your wallet to social media accounts such as Twitter, Discord, Google, Github, Facebook, and Linkedin.

Step 3: Obtain Web3-related Badges

Ethereum Name Service (ENS – https://app.ens.domains/)
- Purchase a .ETH domain to receive ENS badges (2.2 points)

Ethereum Network Transactions:
- Hold a minimum of 1 ETH (1.79 points)
- 10 ETH (1.27 points)
- 32 ETH (1.27 points)

First ETH Transaction Occurred
- Over 30 Days Ago (1.16 points)

Minimum Network Transaction
- 1 ETH (1.27 points)

Minimum Gas Fee Spent
- 0.5 ETH (2.4 points)

Use Snapshot.org (https://snapshot.org/)
- Vote for at least 2 projects (1.41 points)
- Create a proposal with participants (2.82 points)

Hold NFT
- Purchase or mint at least one NFT on the Ethereum network (0.69 points)

zkSync Account
- Create an account by transferring ETH from Ethereum to zkSync Lite (0.4 points – https://lite.zksync.io/)
- Or zkSync Era (0.4 points – https://portal.zksync.io/)

Hold Lens Profile
- Access OpenSea to buy Lens profiles (2.45 points – https://opensea.io/collection/lens-protocol-profiles)

Create Multisig Wallet
- Create an Ethereum multisig wallet with a $10 ETH fee (2.65 points – https://app.safe.global/welcome)

Phi Land (https://quest.philand.xyz/)
- Complete tasks in the quest section and reach 65,000 exp (1.67 points)
- Or 150,000 exp (1.16 points)

>> What is BNB Faucet <<

>> Fantom Faucet <<

>> Rinkeby Faucet <<

>> Avalanche Faucet <<

Step 4: Obtain Gitcoin-related Badges

Participate in a Gitcoin Grant before round 15 (Note: Those who haven’t donated before this round cannot obtain badges).
GTC-related tasks: Buy 20 tokens on CEX exchanges, stake 10 tokens, and hold 10 tokens.

Step 5: Obtain Identity-related Badges

Bright ID (https://www.brightid.org/)
- Download the app, complete identity verification, and connect your wallet (0.689 points)

Proof of Humanity (https://app.proofofhumanity.id/profile/)
- Create an identity ID (1.21 points)

Coinbase (https://www.coinbase.com/)
- Create a Coinbase account, complete KYC, and connect it to Gitcoin Passport (1.35 points)

Idena (https://www.idena.io/)
- Staking and creating an Idena account (9.9 points)

Hypercerts (https://hypercerts.org/)
- Hold 2 Hypercerts and wait for 15 days for confirmation (0.689 points)

Holonym (https://app.holonym.id/prove/uniqueness)
- Verify all information and mint an NFT worth 0.005 ETH (4 points)

Civic (https://getpass.civic.com)
- Mint Captcha Verification pass (1 point), Liveness Pass (2.25 points), and Uniqueness Pass (2.25 points)

>> What is Avalanche Subnet <<

>> What is ETHW (EthereumPOW) RPC <<

>> What is GMX Crypto <<

>> What is Metis RPC <<

In summary

Gitcoin Passport has emerged as an indispensable tool for enthusiasts navigating the dynamic world of cryptocurrency airdrops.

In the early months of 2023, as the crypto market witnessed a resurgence, it became abundantly clear that a reliable means of identity verification was essential to weed out fraudulent participants.

Gitcoin Passport, often referred to as a digital identity passport for the Web3 era, offers precisely that.

This innovative application enables users to verify their identities across the Web3 landscape without relying on centralized databases, establishing a foundation of trust that is vital in the crypto sphere.

To obtain Gitcoin Passport badges, users need to collect “badges” from various sources in both the Web2 and Web3 realms, including popular platforms like Twitter, Discord, Google, Github, and more.

These badges serve as a testament to a user’s authenticity and involvement in the crypto ecosystem.

What makes Gitcoin Passport truly invaluable is its role in safeguarding airdrop initiatives and other community activities.

Its Software Development Kit (SDK) empowers projects to integrate it seamlessly, ensuring airdrops reach genuine users while preventing Sybil attacks and bot interference.

With the Gitcoin Passport’s growing significance, enthusiasts are encouraged to strive for a minimum of 10 badges.

By doing so, they not only enhance their credibility but also position themselves to seize lucrative airdrop opportunities that await in the ever-evolving crypto landscape.

Gitcoin Passport has become a vital compass, guiding enthusiasts towards the promising horizons of the crypto world, and it’s a journey well worth embarking upon to secure their spot in the future of decentralized finance.

What is Linea Wallet?

Bacoor — Thu, 21 Sep 2023 06:51:44 +0000

What is Linea Wallet?

The term Linea wallet

“Linea wallet” signifies a vital component within the Linea Network ecosystem, serving as a secure repository for a diverse range of digital assets, from ERC-20 tokens to NFTs.

In the ever-expanding landscape of blockchain and decentralized applications (DApps), having a versatile and user-friendly wallet is essential.

This is where KEYRING PRO emerges as the quintessential choice for Linea Wallet enthusiasts.

KEYRING PRO is designed to offer users a seamless experience when it comes to managing their assets and effortlessly connecting to various DApps, all while leveraging the robust wallet connect infrastructure version 2.

The app stands out as an ideal companion for Linea Wallet due to its exceptional functionality.

>> Linea Airdrop <<

>> Linea Faucet <<

KEYRING PRO in the Linea Space

One of its standout features is its capacity to enable users to efficiently manage a multitude of assets within a single interface.

Whether it’s keeping track of a diverse portfolio of ERC-20 tokens or nurturing a collection of unique and valuable NFTs, KEYRING PRO streamlines asset management, making it a breeze for users to stay in control of their digital wealth.

In fact, it offers a valuable bridge between users and the ever-evolving world of DApps.

In the Linea Network, which is known for its vibrant and innovative DApp ecosystem, seamless connectivity is paramount. KEYRING PRO excels in this regard, allowing users to effortlessly link their wallets to various DApps concurrently.

This feature empowers users to engage with a multitude of decentralized applications, from DeFi platforms to gaming experiences, without the hassle of constant wallet switching. It’s a game-changer for Linea Network users who seek a fluid and intuitive experience in the decentralized realm.

To embark on their journey into the exciting realm of the Linea Network, users only need to take a few simple steps.

Adding the Linea RPC (Remote Procedure Call) to their preferred app becomes a straightforward process, thanks to the user-friendly interface of KEYRING PRO.

This streamlined onboarding process ensures that users can swiftly access and harness the capabilities of the Linea Network, whether they are seasoned blockchain veterans or newcomers eager to explore the vast opportunities that this innovative network has to offer.

Linea RPC

Linea Mainnet RPC

Chain ID: 59144
Network Name: Linea Mainnet
RPC URL: https://rpc.linea.build
Symbol: ETH
Explorer: https://lineascan.build/

Linea Testnet RPC

Chain ID: 59140
Network Name: Linea Testnet
RPC URL: https://rpc.goerli.linea.build
Symbol: ETH
Explorer: https://goerli.lineascan.build/