One of the most extensive collaborations recently is between ImmutableX and the popular Iluvium, gaining a lot of attention in the thrilling GameFi industry.

Illuvium: Beyond will be embarking on a new journey with their Illuvitars #onIMX in less than one week!

It all began with Immutable & @illuviumio sharing the same goal of onboarding the next billion users into web3https://t.co/Z47XSI8ONb

— Immutable (@Immutable) March 2, 2023

Latest News

Robbie Ferguson – the co-founder and president of the project has tweeted that the most significant token utility upgrade in history goes to $IMX, which will happen in a few hours as of today – Mar 20, 2023. 

Tomorrow, @immutable is unveiling:

1) The first of 3 fundamental utility upgrades to $IMX.

Overall, this will be one of the biggest token utility upgrades in history.

2) A partner announcement that will fundamentally change @immutable and web3 Gaming.

🅧🅧 pic.twitter.com/fqxkDNj9uw

— Robbie Ferguson | Immutable (@0xferg) March 20, 2023

On Mar 21, 2023, Immutable Keynote Event Livestream will be hosted on Youtube where the co-founder and president Robbie Ferguson unveils some exclusive updates, game premieres, and new partnerships. 

What is ImmutableX?

ImmutableX is the ultimate solution for building and scaling web 3 games on Ethereum.

With over 150 developers building on the network, the platform is listed as one of the Web 3 Gaming ecosystems. 

The studio currently develops popular games such as Gods Unchained, and Guild of Guardians.

ImmutableX is advancing the world of the non-fungible token (NFT) games through the development studio, allowing gamers and content creators to be frictionlessly onboard, engage, and break through their limitations while exploring web 3.

Furthermore, it acts as a platform that provides Layer-2 solutions on decentralized Layer-1 Ethereum; specifically, APIs and other developer tools to build.

Functionalities Provided by ImmutableX

How does ImmutableX work?

Trading and minting NFTs on Ethereum can be expensive, especially during peak times. Users would have to be paying high gas fees to have their transactions confirmed quickly.

ImmutableX offers instant transaction confirmations and zero gas fees, aiming to improve Ethereum’s scalability and user experience.

ImmutableX is a scalable NFT minting tool

ImmutableX uses a tool called Zero-Knowledge rollup to achieve scalability.

Instead of adding every single transaction data to the blockchain, ZK rollup batches hundreds of transactions into a single proof, then proof then is submitted to the blockchain through smart contracts.

The smart contracts then validate and publish transactions. In that way, the minting process is more efficient.

ImmutableX is a marketplace network

ImmutableX offers a global order book that allows the NFTs to be bought and sold on any marketplace that implements a scaling solution.

This can improve NFT trading volume and liquidity.

ImmutableX is a reliable and all-in-one NFT trading endpoint

Users can easily mint and trade NFTs at lower costs without compromising the security of their assets, via API calls.

ImmutableX APIs and wallets are integrated into the platform through a system called SDKs. The set of APIs is responsible for simplifying complex blockchain interactions.

In this case, users can build their NFT projects.

About Cryptocurrency

$IMX is an ERC-20 governance token The token is used for

• Paying transaction fees
• Incentivizing users and developers on the platform
• Staking in reward pools
• Voting on community proposals

$IMX Price Statistics

As of today:

(source Coinmarketcap)

Token Allocation

A total of 2,000,000,000 IMX will be provisionally allocated in the following areas:

• Ecosystem development (user rewards, developer grants, liquidity, marketing): 51.74%
• Project development (the development of the protocol): 25%
• Private sale: 14.26%
• Public sale: 5%
• Foundation reserve: 4%

Token Supply Schedule

The circulating supply is designed to support the long-term growth of the whole project.

What makes ImmutableX Unique?

The first layer-two solution.

Simple, Powerful, and Scalable set of APIs.

The intermediate layer “Link” allows users to switch between networks.

How to add $IMX to KEYRING PRO

1. Tap on the Wallet Value section
2. Scroll down, choose ‘Add token‘
3. Choose Ethereum, then insert $IMX smart contract address
4. Tap ‘Next‘, then ‘Add‘

The $IMX smart contract address on Ethereum is 0xf57e7e7c23978c3caec3c3548e3d615c346e79ff Download KEYRING PRO now

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Remember when Amazon partnered with Avalanche to step into Web3? This time we’ve heard of the partnership between EGLD and Tencent’s Cloud division. Anyone’s EGLD bags are making new highs.

Talking about Tencent, the China giant is one of the highest-grossing multimedia companies in the world based on revenue; owner of WeChat, and big games like Fortnite, and League of Legends. Big into AI, the internet, and digital content! 

And what about EGLD (Elrone Network)? Its current name is MultiversX. 

Let’s learn more about this blockchain.

What is MultiversX?

[/ultimate_heading][/vc_column][/vc_row][vc_row][vc_column][vc_column_text]It was first announced in August 2019, and launched mainnet in July 2020.

MultiversX is a highly scalable public blockchain known for its Adaptive State Sharding and Secure Proof of Stake.

Adaptive State Sharding

Basically, it is a way of partitioning data in a database so each partition can be stored on a different data server.

In this case, MultiversX splits the blockchain and account state into multiple shards, handled by participating validators. 

Learn more about how adaptive state sharding works through documentation.

https://docs.multiversx.com/technology/adaptive-state-sharding/

Eligible validators:

• do transactions in parallel
• run consensus
• add blocks
• maintain the state
• get rewarded

This mechanism enables shards to be organized based on active nodes. Each node’s workload is balanced by a unique technique.

Secure Proof of Stake

This Proof of Stake consensus mechanism ensures security and fairness while eliminating the need for PoW algorithms.

By this mechanism, MultiversX introduces an improvement in:

• Allowing each node in the shard to randomly choose validators at the beginning of a round through staking and rating
• Reducing the network’s latency
• Optimizing the size of the Consensus group

[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][ultimate_heading alignment=”left”]

MultiversX’ Token

[/ultimate_heading][/vc_column][/vc_row][vc_row][vc_column][vc_column_text]MultiversX grants access to the usage of its network through a utility token called eGold, in short EGLD.

In the early stages, EGLD is a BEP-20 Token on the Binance blockchain. 

$EGLD is used for:

• Processing transactions
• Running smart contracts
• Rewards for various contributions to the network
• Staking
• Governance

Basic information about EGLD:

>> Learn how BNB Faucet works

 

[/vc_column_text][ultimate_heading alignment=”left”]

Token Allocation

[/ultimate_heading][vc_column_text]EGLD’s Allocation is broken down as the following:

• IEO: 25%
• Private Sale:19%
• Team: 19%
• Advisors: 2.5%
• Protocol Treasury: 17%
• Ecosystem Rewards: 7%
• Marketing/Grants/Accelerator Pool: 8.5%
• Community Fund: 2%

[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_single_image image=”66155″ img_size=”full” alignment=”center”][ult_createlink title=”MultiversX Token Metrics” btn_link=”url:https%3A%2F%2Ffiles.multiversx.com%2Fmultiversx-token-metrics.pdf” text_color=”#1e73be” text_style=”left”][/vc_column][/vc_row][vc_row][vc_column][ultimate_heading alignment=”left”]

EGLD Price Live Data

[/ultimate_heading][/vc_column][/vc_row][vc_row][vc_column][vc_column_text]

[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][ultimate_heading alignment=”left”]

Where to buy EGLD?

[/ultimate_heading][/vc_column][/vc_row][vc_row][vc_column][vc_column_text]The top cryptocurrency exchanges for trading in EGLD are Binance, OKX, BingX, Deepcoin, and BTCEX.

Two ways to buy EGLD include:

• Buy directly 
• Become a validator to validate transactions and earn EGLD token rewards

The more dApps will be built on the MultiversX blockchain, the higher the demand for buying EGLD tokens. [/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][ultimate_heading alignment=”left”]

What Makes MultiversX Unique?

[/ultimate_heading][/vc_column][/vc_row][vc_row][vc_column][vc_column_text]MultiversX is a blockchain built for true scale and mass adoption.

In order to increase adoption, the project also supports developers to build on the platform, earning 30% of the smart contacts fees. Furthermore, validator nodes earn a 36% annual percentage rate.

Its main selling points are high scalability, full decentralization, and robust security. [/vc_column_text][ultimate_heading alignment=”left”]

High scalability

[/ultimate_heading][vc_column_text]It is the first blockchain in which state, network, and transaction sharding have all been implemented.

At this point, it enables the network to achieve performance at least equal to the centralized counterpart – as measured in TPS. [/vc_column_text][ultimate_heading alignment=”left”]

Full decentralization

[/ultimate_heading][vc_column_text]MultiversX eliminates the need for any third parties.

[/vc_column_text][ultimate_heading alignment=”left”]

Robust security

[/ultimate_heading][vc_column_text]MultiversX has been known for attack vectors that help prevent any attacks and secure transactions.[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_column_text]

> Easy ZKSync Airdrop

> A quick Guide for GMX Crypto

> TRON Network

> A guide to Flow

> Hifi Finance

With a series of events occurring during the game, NBA Top Shot also highlighted top trends on social media.

Remember Dapper Labs was one of the brightest stars in the early days of the NFT boom as NBA Top Shot permeated the mainstream. 

In search of insights from Dapper Labs – the team behind the popular game CryptoKitties, Flow blockchain is making a spotlight.

Among the exclusive products of Dapper Labs, Flow is born a platform for blockchain-based games and digital collectibles. 

So what is Flow? Let’s take a look at its cryptocurrency and ecosystem. 

What is Flow?

Originally created by Dapper Labs, ‘Fast’, ‘Decentralized’, and ‘Developer-friendly’ are three words to describe this smart contract platform. 

In addition to being the only Layer-1 blockchain created by a team that has delivered great experiences, Flow is also known for its massive adaptation to new technologies while preserving a developer-friendly environment. 

While other blockchains in the industry aim for DeFi, Flow makes its own way to develop a new open world for games, apps, and NFTs.  In particular, the platform empowers developers to build thriving cryptos and crypto-enabled businesses.

But what exactly makes it unique?

What makes Flow Unique?

Mutil Node Architecture

Flow is split into FOUR node types to achieve dramatic improvements in speed and throughput

1⃣ Collector Nodes increase efficiency
2⃣ Execution Nodes enable speed and scale
3⃣ Verifier Nodes guarantee correctness
4⃣ Consensus Nodes ensure decentralizationhttps://t.co/8zFlufRONm pic.twitter.com/7FJoEKSi7K

— Flow.com (@flow_blockchain) December 6, 2020

Flow’s design is one of a kind, allowing the blockchain to scale to serve billions of users. 

On other blockchains, every node in the validation stores the entire state of the data including account balances, smart contracts code, etc., and at the same time does the job of verifying all the transactions on the blockchain.

In contrast, Flow aims to create multiple nodes to allow its system to be split across nodes, in which each node only validates a subnet of the transactions.

Flow’s validator nodes are separated into four different roles:

• Collection: improves the network’s connectivity and data availability for decentralized applications.
• Consensus: decides the presence and order of the transactions.
• Execution: performs computation related to the transactions.
• Verifying: double checks the work done by the Execution nodes.

Developers’ Tools

In addition to NBA Top Shot and CryptoKitties, there are many products launched on Flow blockchain, from upgradeable smart contracts to emulators. 

Smart contracts on the Flow blockchain are written in a native language called Cadence – an easy and safe programming language for cryptos and apps. 

Flow does not use sharding, and by doing so, it keeps transactions ACID and allows developers to build on each other’s work.

*ACID means atomic, consistent, isolated, and durable.

The human factors

Flow team has also created a website as a learning tool for developers who have zero to little knowledge of blockchain to familiarize themselves with Cadence.

Furthermore, developers can release their apps in beta, then upgrade them later if problems arise.

Want to build on Flow?

1. On the homepage, click ‘Start Building’.
2. On the page developers.flow.com, you can either dive into Flow key concepts through tutorials, and guides, or run your first dApps in just a few clicks. 
3. Detailed documentation as the developer’s resources is on the main page as well. 

Watch this introduction video!

Consumer onboarding

Flow was designed for mainstream consumers, with payment enabling a safe and low-friction path from fiat to cryptos. 

Users will be alerted to the technical changes. 

NBA Top Shot has demonstrated a potential for blockchain collectible experiences with huge mainstream attention. 

Remember this dunk?

This Moment is the exclusive reward for the Rising Stars Challenge 1, which ends Tuesday, March 30 at 10am PT

Collect all 9⃣ required Moments & score yourself this monster of a poster Moment from Anthony Edwards

More info: https://t.co/Rkg3ropdV1 pic.twitter.com/HDIQdT7KN7

— NBA Top Shot (@NBATopShot) March 10, 2021

Other than NBA Top Shot, the Flow blockchain also supports transactions on a range of other sports NFT marketplaces, like NFT All Day and UFC Strike, where sports fans can buy, sell and trade their favorite sports video clips.

Some high-profile investors include NBA stars Michael Jordan, Kevin Durrant, and Klay Thompson, and global top brands such as Samsung, Ubisoft, and Warner Music Group.

That being said, Flow is an open platform with a thriving ecosystem of creators from top brands, development studios, venture capital startups, crypto leaders, etc. 

What is Flow’s cryptocurrency?

$FLOW

$FLOW is the native token of the network.

$FLOW is used for:

• Staking
• Delegating
• Paying transaction and storage fees
• Buying, Selling, and Trading on Flow

Key metrics of FLOW token

FLOW Token Allocation

For transparency, the FLOW allocation is broken down as below:

• Ecosystem development: 32%
• Large backers: 11.1%
• Small backers: 8.9%
• Developers team: 18%
• Dapper Labs: 20%
• Sales: 10%

Where to buy $FLOW

$FLOW was introduced to the public in 2020 through CoinList, but it was unavailable in the United States and Canada. 

Thereafter tokens sold through the offering were locked up for at least 1 year, which means they can’t be circulated until they’re unlocked.

On the other hand, Flow offers validator rewards which were enabled on the mainnet in 2020. These reward tokens are liquid for use on the network. Users can transfer and sell tokens on the market.

Exchanges currently handle $FLOW include Kraken, KuCoin, Coinbase Exchange, and Binance.

$FLOW can be purchased directly on Binance using a debit or credit card. It can also be traded for other cryptocurrencies on the Binance exchange.

It is applied for buying $FLOW on Coinbase as well.

Add $FLOW to KEYRING PRO

$FLOW smart contract address on Binance Smart Chain is
0xC943c5320B9c18C153d1e2d12cC3074bebfb31A2

1. Tap on the Wallet Value section
2. Scroll down, choose ‘Add token‘
3. Choose Binance Smart Chain, then insert $FLOW smart contract address
4. Tap ‘Next‘, then ‘Add‘

100 BUSD Airdrop

This Spring, Bacoor Inc. would like to thank all users of our products with an event called “Spring Airdrop”.

The event has collaborated with Crew3.xyz with a total prize of 100 BUSD.

Join now to have a chance to grab your rewards!

Read more <Spring Airdrop

In the spirit of Spring, we'd like to announce a new airdrop collaborated with @crew3xyz

Total Prize 100 BUSD

To enter:
Follow @KEYRING_PRO & @crew3xyz
Like & RT
Join Discord & Telegram
Join now https://t.co/PVEjzVSBnU#SpringAirdrop #BUSD #BNB #Airdrop pic.twitter.com/HaFqiTcYCq

— KEYRING PRO (@KEYRING_PRO) February 1, 2023

Of course, the hype has also reached the blockchain and crypto industries.

With blockchain projects related to Al getting increased attention at the moment, TRON remains to be seen as a platform with an ambition to pan out.

Through an announcement on Twitter, TRON’s CEO and founder Justin Sun is looking to capitalize on the project with AI development funds of $100M.

Thrilled to announce the establishment of the $100M #AI Development Fund to encourage the integration of #AI and #blockchain tech in the #TRON ecosystem.

Let’s explore limitless possibilities and create a decentralized financial future!https://t.co/1oyh00j37s

— H.E. Justin Sun (@justinsuntron) February 9, 2023

What is TRON?

TRON is an industry-leading decentralized stablecoin financial infrastructure of which mainnet was launched in May 2018. In fact, the beginning of the project dates back to an ICO held in 2017. 

It uses distributed ledger technology and enables straightforward and cheap sharing.

Basically, it is similar to Ethereum and Bitcoin, but it’s an open-source blockchain platform that runs smart contracts and supports decentralized apps.

What are TRON’s principles?

1. TRON uses a delegated Proof-of-stake (DPoS) mechanism to reach a consensus about the state of its ledger.
2. TRON supports the creation of coins by content makers, which can be used in their own developed applications. Content creators receive $TRX as reward.
3. TRON has a 100% free-of-charge source of data with no central authority, making the protocol high-throughout, high scalability, and high availability.
4. TRON also carries out decentralized games within the network, during which players can directly reward creators with digital assets.

What are TRON’s tokens?

$TRX 

$TRX (TRONIX) is the governance token of the TRON network. Initially, it was a token built on Ethereum, but later it switched to its own blockchain.

Issued by TRON DAO, It is the basic unit of account on the TRON blockchain. It is also the natural medium currency for all TRC-based tokens.

$TRX is used in the following scenarios

On the TRON network, all $TRX holders can apply to be Super Representative candidates.

SRs will be chosen among the top 27 most-voted candidates.

Where do we buy $TRX?

It is possible to buy $TRX on dozens of exchanges including Poloniex, KuCoin, Binance, and others. Unfortunately, it is not supported on Coinbase.

$BTT (BitTorrent)

BitTorrent is a peer-to-peer file-sharing platform that has recently gained popularity due to its decentralized nature.

Originally released in 2001, BitTorrent was purchased by the TRON network in 2018.

$BTT is a TRC-10 utility token on the blockchain used to power decentralized applications. Dapps powered by BTT includes BitTorrent Speed, BitTorrent File System, DLive, etc.

What is TRON’s current net worth?

TRON price history

As of the time this article is written, TRON $TRX is at a price level: 

It currently ranks #15 in the cryptocurrency market. 

TRON price prediction 2023

With the pride of 100 million accounts and 3.5 billion transactions, it shows how much potential the TRON system has. It’s probably among the fastest-growing cryptocurrencies right now. 

TRON’s ecosystem

The ecosystem is based on three levels, which ensures a smooth operation of the network:

• Storage Layer: where all the data is securely stored. Basically, it is responsible for segmenting all kinds of data.
• Application Layer: where the $TRX is utilized to develop applications and create wallets. This is where the developers are key.
• Core Layer: where various instructions are processed. The procedure is the Core Layer processes the instructions and sends them to the TRON virtual machine where the dApps are executed. 

The TRON ecosystem also consists of a native NFT marketplace, a side chain (BitTorrent Chain), and stablecoin $USDD.

$USDD

Justin Sun has unveiled $USDD – a new decentralized stablecoin on the TRON blockchain in April 2022. 

At the start, $USDD is issued as a TRC token on the TRON network. 

In another open letter, the founder mentioned that a TRON DAO Reserve would be established to ensure the development of $USDD.

TRON has emerged as a very popular platform for $USDT transfers thanks to its speedy transactions and low fees.

> Hifi Finance

> Evmos Price

Why is TRON a good investment?

1. TRON is focusing on decentralization

Although it has a number of goals, all of them come back to the central objective of decentralizing the web.

2.  TRON is trying to change the entertainment industry

It tries to use blockchain technology in such a way that content creators would be able to directly connect with consumers and sell their products.

Initially, the project was created with the aim of providing full ownership rights to content creators. The main goal is to help them receive a small part of their income and encourage them with more rewards for their work.

Unlike Youtube, Facebook, or Apple, the platform invites content consumers to reward content creators directly.

3. Justin Sun isn’t exactly shy about embracing new trends

The creator of $TRX and the TRON network has led his smart contract team to lean into the artificial intelligence revolution with the launch of a new AI development fund that is worth $100M. 

Please refer to the article below

https://decrypt.co/120829/tron-launches-100m-ai-development-fund

Justin Sun has tweeted that the platform would provide “an AI-oriented decentralized payment framework” for ChatGPT and OpenAI, incorporating TRON oracle with other DeFi applications.

In fact, with a nose for new trends, TRON’s founder has promised to enable adaptable capabilities of all aspects of decentralized commerce, through a huge mileage of mainstream partnerships.

Add RPC to KEYRING PRO

KEYRING PRO allows users to add any EVM-compatible RPCs by searching on the list.

Follow these steps:

1. Tap the ‘Menu’ icon on the home screen
2. Select ‘Manage chain’
3. Find the chain in the list
4. Or tap ‘+’ icon
5. Insert RPC parameters
6. Tap ‘Add’

$TRX is a TRON network token, but it has been replicated on BSC as a BEP20 token.

The official TRON mainnet RPC on Binance Smart Chain is

https://bscscan.com/address/0x85eac5ac2f758618dfa09bdbe0cf174e7d574d5b

100 BUSD Airdrop

This Spring, Bacoor Inc. would like to thank all users of our products with an event called “Spring Airdrop”. 

The event has collaborated with Crew3.xyz with a total prize of 100 BUSD. 

Join now to have a chance to grab your rewards!

Read more about the event in this article <Spring Airdrop>

And it’s a new year, either people are still fuming about FTX, or being distracted over new DeFi project launches. 

In this article, I would like to leave a small opportunity for DeFi enthusiasts to explore and be inspired by something new. 

JPEG’d – as one of the leaders in the emerging NFTFi space – had a busy year of launches and product updates.

Let’s take a look at JPEG’d introduction!

What is JPEG’d?

JPEG’d officially launched on November 7th, 2021. 

Since its first days, JPEG’d has been known for its lending protocol on Ethereum blockchain that enables non-fungible token (NFT) holders to deposit their NFTs into JPEG’d as collateral and take out a loan for a part of total value.

We all know that NFTs have significantly gained value and been transformed from a simple digital art to an ecosystem with built-in tokens, airdrops, and other generating mechanisms. 

However, much of their values remain locked and users have to sell NFTs on the marketplace to make a profit.

In order to unlock this value, JPEG’d has developed a DeFi primitive – a non fungible debt position (NFDP) that enables users to deposit their NFTs as collateral. 

By the end of 2022, JPEG’d has approximately 14,896 ETH worth of NFTs as collateral on the protocol. 

The protocol is managed by a governance token , $JPEG, that administers and directs the whole ecosystem. 

About JPEG’d Token

$JPEG

$JPEG is the protocol’s governance token. It allows holders to:

• Vote on proposals
• Access JPEG’d auctions
• Level Up NFTs

It can be acquired on Sushi Swap or via the dApps integrated swap

https://jpegd.io/swap

$JPEG Smart Contract Address

$JPEG smart contract address on Ethereum network is  0xE80C0cd204D654CEbe8dd64A4857cAb6Be8345a3

About JPEG’d Token Allocation

JPEG’d Token Allocation is directed towards the protocol team, its advisors, the DAO, and a public donation event as in the following diagram.

Market Cap

$JPEG currently has a market cap of approximately $30,939,714 with $3,237 in the daily trading volume (According to Coinmarketcap).

About Lending Protocol

Supported Collections

JPEG’d has currently supported these blockchain projects, as follow:

• Cryptopunks

This project has been acquired by Yuga Labs and known as one of the earliest examples of non-fungible tokens on Ethereum blockchain and were an inspiration to the ERC 721 standard for most of the modern digital collectibles. 

• EtherRocks

This is one of the first NFT-type projects on Ethereum, launched in 2017 and has a decentralized smart contract. 

• Bored Aped Yacht Club

The famous collection has been supported on the JPEG’d platform since day 1, paying forward among the practical use cases of digital arts.

These NFTs were able to mint $PUSd and earn yield via Curve and Convex. 

Users are able to mint JPEG’d Cards to earn JPEG’d rewards (for a limited time) as well as gain membership access whose benefits and offerings will increase over time.

• Others NFT projects 

JPEG’d has all supported other popular NFT collections such as Mutant Aped Yacht Club, Doodles, Azuki, Pudgy Penguins, Clonex, Auto Glyphs, etc.

About Lending Mechanics

The DeFi primitive is a peer-to-protocol system whereby the NFT holders deposit NFTs as collateral against which to mint and borrow pUSD or pETH.

• PUSD is the platform’s stablecoin
• pETH is the platform’s synthetic Ethereum derivative.

$PUSD Lending Mechanism

$PUSD gets minted against every borrow position at a rate of 2%.

Besides being burned upon closing of the position, it can be swapped to any other main stablecoin (DAI, USDC, USDT) via the Curve pool.

This lending mechanics is quite simple. Specifically, users deposit NFT into a JPEG’d smart contract as collateral and start to borrow against it. Once the NFDP is opened, JPEG’d mints $PUSD, commensurates with the loan amount, then sends the $PUSD to the user. The user then deploys their stablecoin to other opportunities, and the NFT remains locked on the JPEG’d platform. 

The maximum amount of $PUSD minted is 32% of the value of the collateral.

For example, the value of the NFT provided to JPEG’d protocol is worth $150, then it will only be minted up to $48.

However, there would be a deposit fee, which is worth 0.5% of the amount of $PUSD.

$PUSD Smart Contract Address

https://etherscan.io/token/0x466a756E9A7401B5e2444a3fCB3c2C12FBEa0a54

$PETH Farming

Either you can swap $PSUD in the app for ETH, DAI, USDC, or UDST, or you can use pETH to generate yield.

By providing liquidity in the pETH/ETH Curve pool, you can earn rewards in the Curve utility token, and you can stake to the JPEG’d.

Fees

Interest of $PUSD loans will be 2% annually and 5% for the $PETH loans.

To be specific, when the user wants to withdraw his NFTs, the user will have to repay $PUSD borrowed + interest of 2% per year.

• The $PUSD portion will be burned
• The interest portion will be transferred to the project Treasury

After returning $PUSD + interest the user will be able to withdraw his NFTs.

Insurance

JPEG’d has a designed insurance module that is the first of its kind.

Users can voluntarily purchase the insurance on any CDPs they open. 

The insurance is a 5% non-refundable fee accessed when the initial debt is drawn.

Liquidations

If you use JPEG’d, always be aware of liquidations, which occur if debt / collateral ratio equals or exceeds 36%.

If this happens, then your NFTs will be lost to an auction process.

NFT Pricing

The JPEG’d platform has integrated top-tier NFT collections and has plans to add more, and while valuations take floor prices utilized by Chainlink oracle. 

Connect to JPEG’d 

How to Claim Airdrops

Users can claim eligible airdrops on the official JPEG’d’s UI 

There are two types of airdrops:

1. Airdrops sent directly to the contract address
2. Airdrops that can be claimed by NFT holders

The team will implement the airdrop on the UI immediately whenever there’s an airdrop related to a supported collection live.

Users can do as following steps:

• On the dashboard, click on ‘My Borrows’ tab

• Select a collection eligible for airdrop and open a position. If the collection is eligible and the claiming contract has been LIVE, you should see the airdrop claim row.

• Click the ‘Claim’ button to claim the airdrop.

How to stake $APE on JPEG’d

This service is offered free of charge to all depositors.

BAYC and MAYC owners can stake and earn $APE while using their NFTs on JPEG’d as collateral, as well as other rewards from Yuga Labs.

1. Commit on BAYC/MAYC

• Open an active BAYC position on JPEG’d and hit ‘COMMIT BAYC’
• Confirm the amount of $APE to deposit

Your BAYC and $APE are now staked and you can start to earn rewards. 

2.  Manage staked $APE

• Open a position with staking active and click on ‘Manage BAYC’ button.

=> This allows users to deposit, withdraw, claim and update the amount of $APE they have in deposit. 

3. Pair and Manage BAKC

Users can also pair a BAKC to earn extra yield. 

Click ‘Manage BAKC’

The BAKC in your wallet will show up and you will select which BAKC to pair with your committed BAYC. 

Once paired, you can manage BAKC at all times by clicking “Manage BAKC’ button.

Add $JPEG to KEYRING PRO

1. Tap on Wallet Value section
2. Scroll down, choose ‘Add token’
3. Select Ethereum network, insert $JPEG smart contract address
4. Tap ‘Next’, then ‘Add’

100 BUSD Airdrop

This Spring, Bacoor Inc. would like to thank all users of our products with an event called “Spring Airdrop”.

The event is collaborated with Crew3.xyz with the total prize of 100 BUSD. 

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What Is Ethereum?

Ethereum is a decentralized, open-source blockchain system. Ether is Ethereum’s native currency. This currency is one of the most valuable cryptocurrencies, second only to Bitcoin in terms of market value (BTC). Despite having a lower market capitalization than Bitcoin, Ethereum is the most commonly utilized blockchain.

One thing to keep in mind regarding Ethereum is that it is not the same thing as Bitcoin. Ethereum’s aim is considerably larger than Bitcoin’s, which is simply to be digital money. In reality, Ethereum is a free and open-source computer platform and operating system. Distributed apps (dApps) and smart contracts are also supported.

Another major feature of Ethereum is that it allows for decentralized financing, which is critical to the system’s operation. There is no one entity managing the system or the value of ether since it is fundamentally decentralized.

Why is Ethereum gaining popularity?

Ethereum is the second-largest cryptocurrency in terms of market capitalization. It was the first cryptocurrency with a programmable blockchain when it was introduced in 2015.

While previous cryptocurrencies used blockchain technology to record transactions, Ethereum provided a developer-friendly blockchain. Developers may design decentralized apps using Ethereum (dApps).

These decentralized applications are at the heart of some of the most significant contemporary bitcoin movements. They’re utilized in decentralized finance (DeFi), which refers to systems that provide financial services without the involvement of a third party, such as a bank. They’re also utilized with non-fungible tokens (NFTs), which are digital assets that individuals gather and trade.

Ethereum has a substantial first-mover advantage because it started it all. Other cryptocurrencies also have their own programmable blockchains, but Ethereum still accounts for roughly 80% of all apps.

As a result, Ethereum has a significant advantage in sectors of cryptocurrency that is quickly expanding.

Furthermore, Ethereum is presently undergoing a series of improvements in preparation for Ethereum 2.0. These enhancements will make Ethereum more scalable and transaction processing will be faster. Ethereum will become more secure and ecologically sustainable as a result of this. Given how much Bitcoin (BTC) has been chastised for its environmental effect, Ethereum’s improvements are a welcome shift that might help it expand even further.

Should I buy Ethereum?

If you want to invest in ether (and hence in Ethereum), you need first consider why you want to do so. Despite the fact that the coin’s price has grown significantly in the last year, it is very volatile. As a result, if you buy ether in the hopes that the price would grow, you may be disappointed.

The Etherum blockchain, on the other hand, may be utilized for a variety of purposes, according to Tally Greenberg, head of business development at All nodes. “Ether is a coin that must be used in each Ethereum transaction. Ethereum is a blockchain network of apps. A blockchain, on the other hand, is a technology with virtually unlimited applications. It isn’t only based on Ethereum and may be utilized to impact our future with or without cryptocurrencies.”

Sam Bretzmann, the owner of the Block link, agrees with this sentiment. “The difference here is that instead of investing in individual projects which may or may not make it, you can invest in the infrastructure. You can think about it like this, go back to 1999, and instead of having to try and pick which up-and-coming businesses will survive, you get to just pick ‘the internet’ and invest in that.”

Personally, I prefer Ethereum as an investment and believe it has the potential to become one of the most successful cryptocurrencies in the future.

There are a number of variables in Ethereum’s favor:

It is backed by a competent staff, and its founder, Vitalik Buterin, is well-known in the crypto industry.

It’s the coin of choice for developing decentralized applications (dApps).

Ethereum 2.0 should be a significant upgrade, allowing it to process many more transactions while using significantly less energy.

It has been the second-largest cryptocurrency for some years, despite its volatility. This may persuade potential investors that Ethereum isn’t going anywhere very soon. Some even believe it is one of the cryptocurrencies that might eventually take Bitcoin’s place.

Ethereum is accessible for purchase on most cryptocurrency exchanges due to its huge market capitalization. Unlike many smaller coins, it’s not difficult to get.

Is Ethereum, however, worth buying today at its present price?

If you’re looking at it as a long-term investment, I believe it is. It’s virtually hard to time the crypto market. If you plan to purchase now, sell your profits, and then buy back in later, you’re almost certainly going to lose money.

Ethereum’s price might continue to rise for weeks or even months, or it could fall. I wouldn’t advocate buying Ethereum if you’re looking for quick profits. However, if you believe it has long-term potential and wants to give it at least a few years, it’s a good investment.

How to buy Ethereum on the KEYRING PRO with a credits card?

Step 1: Download KEYRING PRO

KEYRING PRO is now available on App Store, Play Store, and as APK for limited locations.

Download KEYRING PRO

KEYRING PRO is now available on iOS, Android, and APK

Step 2: Setup Your Wallet

You can either import your current wallets or create new wallets on KEYRING PRO.

For the input, you can create wallets on all supported Chains at once with the One key feature.

In short, you can use 01 Private Key then choose all chains, which is applicable for both wallet creation and wallet import.

Step 3: Choose Your Crypto’

• Purchase Ethereum and ERC-20 tokens
  • Tap on your Ethereum account
  • Tap ‘Buy’
  • Choose ETH or an ERC-20 Token
  • Set the purchase amount in USD, or your local currency
  • Tap ‘Next’

Step 4: Check Out & Pay

(*) With any purchase amount exceeds $200 USD, you will need to submit your KYC to proceed.

• Insert your Credit Card info
• Check all checkboxes, tap ‘Next’
• Insert required info & email
• Confirm your payment
• Receive a confirmation email

Step 5: Receive Your Crypto Purchase

You will receive your Crypto Purchase in 30 minutes or less.

Cryptocurrencies and traditional fiat money are comparable in many ways, but they also have certain distinct advantages. You will understand the distinction between cryptocurrency and fiat money in this article.

What is fiat money?

Fiat currency can take the form of actual money or electronic representations, such as bank credit. The government controls the supply, and you can use it to pay your taxes. Paper currency, banknotes, coins, bills, and other fiat currencies have a store of value and are used as a medium of exchange to acquire goods and services.

Since the advent of fiat money, the role of central banks in the economy has grown, as they now oversee currency creation. The forces of consumer demand and supply determine the monetary value. Some of the biggest worldwide fiat currencies are the Pound, the US Dollar, the Euro, the Yen, and the Rupees.

Commodity money, like precious metals (such as gold and silver), salt, or even shells, derives its value from its intrinsic value. Fiat money has value because it is declared legal currency by a government; it has no intrinsic worth.

What are cryptocurrencies?

A cryptocurrency, unlike traditional currencies, is decentralized, digitally encrypted money that is not connected to or governed by any government or central bank. They build it on the blockchain, which is a distributed ledger architecture. Blockchain is a distributed ledger that is maintained by a network of computers that keeps an exact duplicate of the database and changes its entries using pure mathematics consensus.

For example, Bitcoin and Etherium are two prominent cryptocurrencies. Litecoin, Ripple, and Dash are three cryptocurrencies. We don’t need an intermediary to purchase or sell them because no government will support them.

Are Fiat Money and Cryptocurrency money the same?

Cryptocurrencies are money in the sense that they allow two parties to exchange value and function as a store of value. On the other hand, cryptocurrency provides qualities that the traditional money system currently lacks: anyone may not spend and use them, anywhere, at any time throughout the world, without the need for a bank or a government.

Furthermore, fiat money is essentially debt. When a central bank prints banknotes, it is also issuing a portion of your government’s debt to you, the consumer. You could be asking yourself, “How is this possible?” Consider how the European Union and the United States, for example, produce money. 

When a government takes out loans, it generates the majority of the money it generates. When people borrow money, banks generate money. Consider the US dollar: if nobody takes out loans, there would most likely be no dollars in circulation. In other words, the US dollar would not exist if customers did not take out loans from banks.

Unlike conventional money, which appears to derive a significant portion of its value from debt, Bitcoin does not. Bitcoin has inherent worth in addition to the community’s trust. Bitcoin’s value is dependable on how useful it is as a means of trade, rather than on a debt structure.

Bitcoin has established a new level of confidence for our global monetary system in the future. Bitcoin’s structure is totally transparent, and it is on mathematics and the genuine consensus of ordinary users. With all of this in mind, which choice is the better one for our future? Bitcoin or fiat currency?

Will cryptocurrency replace fiat money?

Many financial professionals believe that the blockchain technology that underpins Bitcoin and other digital currencies will be beneficial in the implementation of digital copies of existing government-backed currencies.

Bitcoin supporters argue that the private currency scarcity will help it gain credibility among investors in the aftermath of the COVID-19 epidemic, which has resulted in massive stimulus and money printing by central banks throughout the world. Retail investors initially own the majority of cryptocurrency, but last year witnessed an infusion of institutional money, as well as greater merchant and online payment platform adoption.

However, several cryptocurrency trading platforms have been down as a result of multibillion-dollar fraud and money laundering investigations. Governments like China, India, and Turkey have banned crypto trading, posing a huge setback to expansion ambitions and public acceptability. Western nations are also willing to tighten their regulations.

Due to the huge amount of electricity required to mine the coins and verify the transactions, environmental concerns may also stymie the rise of cryptocurrencies.

 How is Cryptocurrency better than fiat money? 

The feature of decentralization

Cryptocurrencies have a decentralized feature, which means that no central authority sets the rules. Changes in government regulation, on the other hand, have minimal influence on cryptocurrencies and their markets. This allows investors to better protect their assets even if the government’s business regulations change.

A safe transaction

Significant bitcoin transactions are safe using blockchain technology, which is a digital ledger of data that is virtually impregnable to attackers. The attacker must conduct numerous attacks on various devices at the same time due to the system’s complexity. As a result, bitcoin transactions are both secure and trustworthy.

Transaction costs are lower.

Many cryptocurrencies have low transaction fees, especially when you consider that you might be sending millions of dollars worth of coins. Many investors and consumers have interests in cryptocurrency applications as a result of this.

True currencies – cryptocurrencies

Cryptocurrencies use security measures to protect their integrity and the security of their users. Because of their decentralization and security, cryptocurrencies, unlike FIAT currency, cannot be tampered with. Cryptocurrencies, unlike FIAT currencies, are extremely difficult to replicate due to their digital nature.

Cryptocurrencies are widely accepted across the world.

A large number of merchants and businesses already accepted Bitcoin. Several companies have conducted their financial transactions entirely in bitcoin to ensure security and thoroughness. Many stores and websites now accept cryptocurrency as payment, allowing customers to buy products and services in exchange for bitcoin.

Download KEYRING PRO

KEYRING PRO is now available on iOS, Android, and APK

What Is Cryptocurrency?

What is Cryptocurrency? In a nutshell, it’s a type of digital money used by an increasing number of people and businesses.

People may use some of this money to buy the same products and services that we buy with traditional “fiat” currencies like dollars, euros, and yen. Some cryptocurrencies, on the other hand, are solely available in closed systems to pay for the services of a single platform. 

By the end of December 2017, the total value of all cryptocurrencies in use throughout the world had risen to almost USD 600 billion, about 40 times more than a year earlier. Some individuals acquire bitcoin in the hopes that its value would rise. However, aside from speculation and investment, cryptocurrency is becoming increasingly popular as a method of payment for products and services. 

This can be explainable in a myriad of areas. Due to the complex mathematics and military-grade cryptography involved, it is safe and hard to counterfeit. It’s decentralized and more efficient since you control your cryptocurrency and there’s no need for a bank or government to issue money or an intermediary to move your payments. As a result, this can save you money and speed up your purchases (though not always). 

Additionally, around the world, there are more and more possibilities to utilize cryptocurrencies to pay for products and services. Indeed, it enables those who do not have access to traditional banking to participate in the global financial system. It’s programmable money, which means there are a lot more possibilities for how it may be utilized and tailored to one’s own requirements. Moreover, it gives firms new opportunities to reach out to new consumers and generate cash. Last but not least, It’s getting easier and easier to start with cryptocurrencies.

The following are some basic facts regarding cryptocurrencies that you should be aware of:

Bitcoin is the most well-known cryptocurrency, has been available in January 2009 and signaling the start of the cryptocurrency boom. However, there have been several failed attempts to construct such currencies in the past. Hence, people believe the birth of Bitcoin to mark the beginning of cryptocurrency history.

For your information, Satoshi Nakamoto is the one who gave birth to Bitcoin, however, no one knows if he or she, or perhaps a group of individuals, is behind it.

More than a thousand cryptocurrencies are currently in use. They divide cryptocurrencies into two categories: “coins” and “tokens,” which are for paying for the services of a specific blockchain-based platform. Anonymity, transaction speed, and other characteristics differ across altcoins. Also, the term “coin” is used as a metaphor because there are no coins on the blockchain; it is simply a ledger record.

If you own cryptocurrencies, the KEYRING PRO application is a perfect choice for you to manage all your assets

These are what the KEYRING PRO brings you as benefits:

Never Lose Any Wallets, Ever

Indeed, since all accounts are in one place, you will be able to manage your wallets in the most efficient way.

On the other hand, you can back up everything into one highly encrypted Backup file to make sure all of your accounts will never get lost.

KEYRING PRO also supports the One Key feature that enables users to restore multiple accounts with one Private Key.

The app is an ideal tool for advanced users to secure Blockchain Assets across multichain.

Sign & Approve Transactions Securely

You can sign in to any Dapps or DEXs on Desktop Browser remotely from your phone.

Basically, you can conduct a transaction securely on any device of anyone.

The app eliminates the risk of hackers or exposing your Private Key at all times. 

Everything In One Place

KEYRING PRO offers a sufficient package for you to explore the Blockchain World in the most secure and efficient way.

Multichain approaching is now simplified greatly so that you can have everything in one place.

In the near future, the app will adopt more popular Blockchain steadily from time to time.

Download KEYRING PRO

KEYRING PRO is now available on iOS, Android, and APK

Should I buy Bitcoin?

You’d most likely heard about Bitcoin a few years ago and disregarded it. After witnessing its tremendous ascent, you realized you should have purchased it at the time, and you would now be a millionaire.

If you didn’t buy Bitcoin at its height, on the other hand, you might believe now is a good moment to do so. Apparently, this is known as FOMO or Fear Of Missing Out, and you aren’t the only one who feels this way. However, there are a few things to consider before diving into the opportunity.

Now?

To begin, you must realize that it is similar to playing the lottery. Indeed, there is no assurance that you will get wealthy overnight. Investing in a sum you can be subjective to lose. On the other hand, maybe a good method to motivate yourself to keep up with the market and know what’s going on.

Is it, nevertheless, a good time to invest in Bitcoin? In a nutshell, we don’t know. Even if someone claims to know something, there’s no guarantee it’s true. Take a look at the variety of predictions available. Even if someone has been correct in the past, this does not guarantee that they will be correct again.

Nobody knows if Bitcoin will increase or decrease in value, and it is still too early to say. It’s similar to a sociological experiment. There has never been technology like this before, so we’ll have to wait and see what it turns out to be.

In any event, keep in mind that you should never spend more than you can afford to lose and that you should conduct your own research before making a final choice.

How to buy bitcoin with a credit/debit card?

Purchasing bitcoin using a credit card is the quickest way to obtain bitcoin. Initially, it used to be a long and complex procedure, but it’s now as simple as pie. As a result, purchasing bitcoins with a credit (or debit) card is no longer limited to computer nerds, and you could probably do it blindfolded.

Check to discover if these exchangers accept credit or debit card transactions in your country. Additionally, check to see whether a bitcoin vendor takes your credit card as well. Most exchangers, for example, only take VISA and MasterCard credit and debit cards at the time of writing.

Step-by-step instruction on purchasing Bitcoin with a credit or debit card on the KEYRING PRO application.

Step 1: Download KEYRING PRO
KEYRING PRO is now available on App Store, Play Store, and as APK for limited locations.

Download KEYRING PRO

KEYRING PRO is now available on iOS, Android, and APK

Step 2: Setup Your Wallet

• You can either import your current wallets or create new wallets on KEYRING PRO.
• For the input, you can create wallets on all supported Chains at once with the One key feature.
• In short, you can use 01 Private Key then choose all chains, which is applicable for both wallet creation and wallet import.

Step 3: Choose Your Crypto

• Purchase Bitcoin
• Tap on your Bitcoin account
• Tap ‘Buy’
• Set the purchase amount in USD, or your local currency
• Tap ‘Next’

• Purchase Ethereum and ERC-20 tokens
• Tap on your Ethereum account
• Tap ‘Buy’
• Choose ETH or an ERC-20 Token
• Set the purchase amount in USD, or your local currency
• Tap ‘Next’

Step 4: Check Out & Pay
(*) With any purchase amount exceeds $200 USD, you will need to submit your KYC to proceed.

• Insert your Credit Card info
• Check all checkboxes, tap ‘Next’
• Insert required info & email
• Confirm your payment
• Receive a confirmation email

Step 5: Receive Your Crypto Purchase
You will receive your Crypto Purchase in 30 minutes or less.

Ethereum’s newest hard fork update, nicknamed “London,” went live on the network at 12:34 UTC, at Block 12,965,000.

In addition to the current backward-incompatible hard fork, they also released five additional Ethereum Improvement Proposals. EIPs 1559, 3554, 3529, 3198, and 3541 are code updates with purpose of improving the user experience, value proposition, and other aspects of the Ethereum network.

What does this Ethereum event that you should watch make possible?

EIP-1559 aims to ensure that Ethereum transaction costs are predictable for consumers.

At the moment, network users must compete for the privilege of letting miners process their transactions. When the network is busy, costs will be significantly higher than when it is calm. Additionally, users will pay a base transaction cost that will be algorithmically available on how busy the network is. In addition, users will be able to see this price upfront as a result of the change.

Also, they will also be able to tip miners in order to expedite transaction processing. The tip will be available to miners, not the basic fee, which will be destroyed or “burned,” which is what has investors so thrilled. Because burning coins reduces supply, the current supply may become more valuable.

How will it affect Ethereum’s price?

Ben Edgington, an Ethereum developer at ConsenSys, told Markets Insider, “We don’t know exactly what the effect will be in terms of ether burnt until it’s implemented.”

“The highly anticipated Ethereum ‘London hard fork’ event will expose users to a more flexible and cheaper fee structure and create a slight burn effect, projected to make Ether deflationary,” Greg Waisman, co-founder, and chief operating officer of global payment network Mercury, told Coinbase.

“The currency has been on an upswing over the weekend, and we may see this simmering bullish sentiment propel the coin above $3,000 in the days/weeks after the update.”

Next year, Ethereum developers aim to completely rebuild the coin’s network. This is likely to have a negative influence on its pricing.

Things to keep an eye on this Ethereum event

A possible break in the chain

The London hard fork is thrilling, but it also entails dangers and forays into unknown terrain. Backward incompatible upgrades rely on the Ethereum network’s many distributed computers. If a substantial number of nodes run by means of exchanges, miners, and other network stakeholders do not update, the chain will split, and be harmful to block creation on Ethereum.

A miner using the most popular Ethereum software client, Geth, accepted an erroneous transaction that caused a brief chain split while testing the London hard fork on the Ropsten testnet. Ethereum developers and users have collaborated to guarantee that such a problem does not arise on the main network again. Stakeholders may utilize node monitoring services like forkmon to keep track on the Ethereum blockchain’s status and discover chain splits.

MEV and front-running

By “burning” the base transaction fee, miners lose money. Miners will have to rely on higher ether prices or extract more value through MEV to compensate for lost income.

Due to frequent transaction reordering, MEV has caused customers on decentralized exchanges to be “front-run” on trades, have transactions canceled, and incur increased transaction fees. Using the Flashbots Dashboard, keep a watch on how the value of total MEV harvested on impacted Ethereum.

The performance of the fee market

Ultimately, it’ll be interesting to see how effective the new Ethereum fee market is in bringing predictability to transaction cost estimates, as well as how much total ether supply is burned through base fees. Websites like Watch The Burn can keep track of this.

Download KEYRING PRO

KEYRING PRO is now available on iOS, Android, and APK