DAO

Metadox is a member-owned community game (Decentralised Autonomous Organization) with no centralized leadership. Every DOX token holder is in fact a member of the Decentralized Autonomous Organization (DAO). To participate in the governance process, DAO members will have to stake their DOX token. Only deposited DOX can be charged for votes. By participating in the voting process.

DOX is the native token of Metadox. Our blockchain of choice is the Binance Smart Chain (BSC) Network because of low fees and the fact that it is emerging as a leading blockchain network. BSC is fully EVM compatible. It supports one of the most popular DeFi wallets — Metamask.

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HOLDERS

Holders of DOX tokens deserve to be appreciated and so e are happy to have a 4% tax that goes directly to our holders because they are our most valuable asset.

​AUTO LP

With the 2% tax we are able to provide funds constantly going to the liquidity pool which is profitable for the holders and the projects aswell.

​BUY BACK

The DOX token has a built-in buyback function which plays a key role. When engaged, it reduces supply and increases demand, resulting in an immediate rise in price .

BURN

The tokens purchased through buyback are burned in a strategic manner. This ensures that the price per token will rise every time a buyback is performed because each activation reduces supply, increasing demand for what’s left of the current circulation.

Join the Metadox community

Website: https://www.metadoxclub.com/

Twitter: https://twitter.com/metadoxclub

https://t.me/metadoxclub

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We would like to thank you for participating in Drop3’s community testing, which came to an end on January 28th after a two week run. We sincerely hope you enjoyed participating as much as we enjoyed seeing you navigate through the first version of our product.

We would like to thank you for your patience and understanding during the bot incident, in response to which we had to shut down the testing for a number of hours and resume the next day.

What did we observe?

Small hiccups aside, we were able to collect feedback from the community testing and we have identified the following top concerns which we will start addressing/fixing this coming weeks:

We had two issues relating to the use of Captcha: (1) at the beginning it was too easy and we had hundreds of bot accounts passing the verification. In response we increased the difficulty of the task. (2) This in turn made it too hard for many real humans to read and thus pass the verification test.

Regarding Wallet connection, a significant number of the community testing Drop3 encountered issues with completing this task, mainly on the first day of testing. This issue was related to the aforementioned bot problem, whereas we had to disable the feature temporarily.

The bot issue also forced us to reset the balance of the Litentry tokens accumulated during the first part of testing, to make sure the scammers would not get away with extra LIT. We know many of you were surprised to see your balances suddenly drop to zero, before the balance was restored. No awards were lost, only the displayed balance was momentarily out-of-date.

Finally, the community had problems with creating invitation links to invite their connections/followers to the Discord server and get additional referral rewards. This, on the other hand, seems to have been mainly an issue of documentation and communication, where some testers didn’t easily get to the resources they needed to answer their questions and get help.

What did we learn?

Some of these problems, namely the LIT balance being gone, having issues with the captcha and connecting your wallet, were due to a number of testers who tried to game the system and earn more rewards through use of multiple bot accounts. Once our team found out we immediately closed off the testing for a number of hours to pay special attention to the situation and implement mending solutions. Nevertheless, it is crucial that in the next version of this product we are prepared to deal with this preemptively with better verification methods in place, and reactively with measures ready to be deployed including communication plans.

The second issue is mainly related to community support and documentation, as not all users managed to test the product on their own. This is the easier of the problems to address. Initially we were not prepared for the number of testers and didn’t have the resources ready to do proper community management, which we are now increasing. Secondly, we thought more people would be familiar with Discord, which was not the case and presented an additional layer of learning for our testers. And finally, the documentation we provided was not easy enough to access or to scan through, for testers to find answers to their questions.

What is next?

Based on the feedback and learnings we got, we will first focus on the following:

We know now that we need to invest more time into generating a solid verification solution not only due to how easy it is to be targeted by bots but also because how important it is to make it easy for humans to participate too. This fine balance will be key for us moving forward. We had a good understanding before that anti-fraud measures would be important towards a smooth performance of the product. We now see that not only is it important for the product to work but it is an essential pillar on which it must stand. In Addition to improving the Captcha service, we will add new tasks that will focus on human verification. As we aim to be the community engagement tool for Web3 projects, we need to guarantee that all users participating are doing so in good faith and will add value to the community.

Of course, as mentioned before, we will be placing more emphasis on community management and creating better documentation for users. Immediate solutions to this will include a step-by-step walkthrough that we are already working on, making sure that the pinned messages for each component of the testing are easy to find and not buried under other messages and adding more information to the chatflow with Drop3Bot. That being said, it is important to also point out that there are certain limitations to the Discord Server Setup itself and ultimately not all matters can be addressed there. From its conception, it has been our objective to use Discord as our starting point for testing until we move to the next solution.

This other solution we are already moving forward with in the meantime is the creation of a WebApp. This will allow us to create a more detailed user experience that should address the majority of the learning-curve issues. As it won’t be limited to the capabilities of Discord, we will be able to re-use the componentes we have created, but host them in a more dynamic environment to best manage tutorials, anti-fraud measures, reward allocation, user flow, etc. The WebApp will take a longer time to build so we are not quitting on Discord just yet. We still have testing and improving to do, for which Discord suits us well.

And of course, we are working on making it possible to withdraw the rewards that you have earned from task completion. We are still on schedule with the feature and aim to finish it within Q1 of this year.

Closing remarks:

Once more we would like to thank our community for participating in the Drop3 testing, as over 3700 people took part in the testing allowing us to learn from their experiences. We are actively working to create a better product that will benefit the community as a whole and your participation is essential to this process.

We hope that when the next version comes around you will join us once more. Additionally to the direct improvements to the product we have, we will also be launching other test versions with different projects, in order to learn about their requirements and continue learning towards how to create the best community engagement tool.

If you would like to give us additional feedback, you can do so by filling in this form.

Stay in touch with us through:

Si vous connaissez déjà le projet et que vous voulez juste comprendre comment acheter du NDX, rendez-vous directement dans la partie 2 de l’article.

Vous pouvez également visionner la vidéo ci dessous qui vous explique comment acheter le projet.

Indexed est un projet qui vise à démocratiser l’achat de cryptomonnaies par le biais d’indices. Pour faire simple, au lieu d’acheter une ou plusieurs cryptomonnaies tout seul et de composer votre portefeuille à la main, vous laissez des professionnels tout faire à votre place.

Il existe plusieurs indices que vous pouvez acheter sur Indexed comme :

CC10 : Cryptocurrency Top 10 Index

Cet indice est composé de 10 projets parmi les plus prometteurs du moment. L’indice est composé notamment de Chainlink, d’Uniswap, de Compound et même de Aave. Depuis son lancement, CC10 a généré plus de 447% de retour sur investissement pour les investisseurs.

Defi 5 : Defi Top 5 index

Cet indice est composé des 5 projets majeurs de la finance décentralisée. L’indice est composé de Synthetix, Uniswap, Aave, Compound et Curve. Depuis son lancement, Defi 5 a généré plus de 680% de retour sur investissement pour les investisseurs depuis le lancement.

Degen : Degen Index

Cet indice est plus risqué et il porte bien son nom de Degen ou dégénéré. Il est composé de tokens plus risqués et volatiles comme Republic, Polkastarter, Badger ou encore 1inch.

Au total, Indexed gère plus de 40 millions de dollars sur tous ces indices. C’est assez monstrueux et cela prouve que la plateforme fonctionne, génère des revenus et attire des investisseurs.

Le token NDX est le token de la plateforme Indexed. Posséder des tokens NDX vous permet de voter des lois sur le projet et de prendre des décisions sur le futur de ce dernier, c’est ce qu’on appelle la gouvernance.

Il est également possible de déposer vos NDX sur la plateforme Indexed.finance, en échange vous récupérez les frais de transaction de la plateforme. Plus les utilisateurs achètent et vendent des indices, plus les frais augmentent en volume et plus vous gagnez en déposant vos NDX.

On appelle ça les revenus passifs et cela peut vous permettre de gagner des revenus additionnels tous les jours !

Quelque part, tenir du NDX, c’est comme tenir une part dans le Blackrock de demain (Blackrock est un des plus gros fonds d’investissement au monde).

Acheter du NDX n’est pas aussi simple qu’acheter du Bitcoin. Le token n’est pas encore tradable sur Binance ou Coinbase mais il est possible de l’acheter directement sur la blockchain.

Le potentiel du NDX est énorme puisqu’au moment où j’écris ces lignes la marketcap n’est que de 30M€. A titre de comparaison, le Bitcoin est à plus de 1000 milliards de marketcap. Ou encore Uniswap, un des premiers projets de finance décentalisée, est à plus de 21 milliards de marketcap.

Il est possible d’acheter du NDX directement sur l’exchange décentralisé Uniswap sur la blockchain Ethereum.

Voici les différentes étapes pour acheter du NDX sur Uniswap :

Étape 1 : Créer un compte sur Metamask un wallet (portefeuille) sur la blockchain.

Metamask est l’un des premiers wallets sur la blockchain. Il vous permettra de transférer vos Ethereum et de les échanger contre le token NDX.

Vous trouverez un article rédigé par les équipes Cryptoast qui vous expliquera étape par étape comment créer un wallet sur Metamask et y déposer vos premiers Ethereum.

L’article se trouve > ici <.

Étape 2 : Déposez des Ethereum sur votre wallet Metamask :

Toujours sur l’article Cryptoast > ici < vous trouverez comment déposer vos premiers Ethereums sur votre wallet.

Une fois que vous avez des Ethereums sur votre portefeuille, pensez toujours à en laisser un peu pour payer les frais de transaction sur la blockchain.

Étape 3 : Tradez sur Uniswap et achetez vos premiers NDX :

Connectez-vous sur le site https://app.uniswap.org/#/swap connectez votre portefeuille metamask en cliquant sur le bouton en haut à droite.

Puis cherchez la paire ETH contre NDX pour échanger vos Ethereum contre des NDX.

Puis cliquez sur Swap puis sur confirmer sur le wallet Metamask (cf capture ci dessous) :

Pensez à toujours conserver un peu d’Ethereum pour payer les frais de transaction. Ici ils sont de 16,85$ soit 0,005772 Ethereum.

Les frais sur Ethereum sont assez chers mais c’est la blockchain la plus sécurisée du marché et la plus décentralisée.

De plus, passer par la blockchain Ethereum est le seul moyen d’acheter du NDX. Et donc de profiter de ce superbe projet à fort potentiel.

Here are some pointers: 1) You can’t set off your losses against profits anymore! You might have come across posts about people who bought bitcoin at its all-time high in December 2017 and lost money. Now, you can’t set off your loss against profits in the same financial year when cryptocurrencies are taxed at a flat 30%. Thus, if you pay taxes according to your income tax slab — you will have to part with an additional 30%, one of the highest levies on capital gains by any country in the world! 2) Cryptocurrencies are now treated like commodities It has been announced that for taxation purposes, RBI’s cryptocurrency will be treated like gold or stock shares. This means that all crypto transactions — including mining, trading or exchange through fiat currencies (INR), will be taxable under the new provisions. The government has also introduced a provision to levy a 1% tax deduction at source on all transactions involving cryptocurrencies. 3) A mechanism for identifying cryptocurrency investors is on the anvil! Taxpayers will be required to disclose their Permanent Account Number (PAN), an identity number issued by the Income Tax Department, at the time of creating accounts with crypto exchanges. This might cause problems for people who use Bitcoin addresses as their PAN numbers due to a lack of awareness about how exchanging cryptos will require them to share their identities. 4) Virtual Digital Assets have been defined as property The finance minister has announced that virtual digital assets, such as NFTs, will be treated as “intangible property” hence attracting tax at 30%. This move is motivated by the need to make cryptos accountable and taxable. By forcing cryptos to adopt strict Know Your Customer (KYC) and Anti-Money Laundering (AML) policies, the government of India is laying down a framework for cryptocurrencies. 5) RBI’s cryptocurrency could be a digital currency soon! The Indian government has announced, in the budget speech, that it plans to launch a “digital rupee” backed by the RBI. This move is motivated to make cryptocurrencies accountable and taxable. While no formal announcement was made about bitcoin or other cryptos not being legal tender any more, the fact that RBI’s cryptocurrency would be released shows that investors are still expected to use their fiat currencies for retail transactions.What do you think of these new rules? Let us know in the comments below.

The application process for the Ambassador Program will be divided into 3 main stages:Engaging QuizWarrior QuestEnlisting into the Data Warriors Program (Interview)We want to ensure our Data Warriors are well educated about the concepts our project is building around personalizing and monetizing data, given that they’ll be serving as direct links between us and the community.The quiz will be the first step and is intended to educate and test our ambassadors’ general knowledge about cryptocurrency, blockchain and Itheum concepts.Fill out this form to register and complete our exciting and challenging quiz here.After successful completion of the quiz, Warriors will be sent an email congratulating them in addition to an invitation with next steps to undergo several tasks — these tasks have been put in place to further evaluate their skill sets before they are on boarded as official Warriors through an interview.

All Data Warriors will be subdivided into 2 main categories:

These individuals are our army of Warriors focused on executing typical social tasks, such as creating a voice for Itheum on social platforms (predominantly Twitter)

These individuals will focus on creating quality infographics, memes, videos, and articles for Itheum to help promote the project

The Data Warriors Ambassador Program is open to all talented individuals around the world! We’re especially focused on recruiting passionate specialists who are truly committed to our products and long-term vision.A general list of responsibilities for our Data Warriors is listed below:Create and share quality content with a focus on the latest trends about our platformEstablish and manage Itheum communities to foster long-term growthRegularly engage with Itheum social media content and postsMake reasonable contributions and suggestions to the Itheum teamTest and provide feedback on our products and featuresAll Warriors who pass the recruitment process will be sent a handbook that will clearly outline specific tasks for each Ambassador category. Below are additional insights on the different categories you can expect.

Represent Itheum across all social media channels to maintain active communication and combat FUD (Fear, Uncertainty, Doubt)Evangelists will be tasked with educating our community about the Itheum ecosystem and productsUtilize visual content by creators to spread our message across social media platforms (especially Twitter)

Create quality, explanatory, and detailed infographics and cool memes for ItheumDevelop quality videos illustrating Itheum’s key perks in addition to tutorials on how to use our productsWrite and publish plagiarism-free articles on Medium and relevant blogging websites

Warriors based in certain regions can manually translate official Itheum blogs into their native language (this must not be done through Google Translate)Warriors could also be contacted to manage regional communities

The above list is not necessarily definitive — to that note, Itheum is constantly on the lookout for credible talents from other prospective warriors. If you have a specific skill set that is beneficial to the growth and development of our platform, please don’t hesitate to apply for our Data Warriors Ambassador Program.

All Warriors who create quality work for Itheum will be properly compensated for their time, efforts, and commitment to helping grow our platform.The rewards structure is as follows:All rewards will be sent in Itheum’s native $MYDA token3 Warriors with outstanding performances will be awarded bonuses each monthWarriors will have to submit all efforts on a bi-weekly basis through a submission sheetQuality is our trademark — great content will attract higher rewards

Itheum empowers data ownership in the Web3 and Metaverse ecosystems and creates new market value for your data. It enables this by providing “decentralized data brokerage” technology. It’s a suite of tools that enable high-value data to be bridged from web2 to web3 and then be traded via peer-to-peer sales. It allows for “viral adoption” via our creative “Data NFTs” (provide “inner value” to NFTs and enable royalties / limited supply) and “N.F.Me” technology (a living Metaverse avatar representation of you — wrapped as an NFT and backed by personal data) and our innovative Data Coalition DAOs (which bulk sell your data). It also aims to be fully privacy-preserving, regulation-friendly and cross-chain; making it the most comprehensive core blockchain data infrastructure available in the market with use-cases in both the enterprise and consumer space.

Twitter: https://twitter.com/itheumTelegram: https://t.me/itheumWebsite: https://itheum.ioDiscord: https://itheum.com/discordAll Other Communities: https://itheum.com/community

Large purchases on the stock market, often initiated by a fund or high net worth individual, have the potential to move the market. In other words, such a purchase could increase the demand for shares to such an extent that the share price rises in response.

There are myriad risks to this type of event, both for the parties directly involved in the transaction and for the overall stability of the market. Front-running is one such risk — an illegal move in most cases where a party with knowledge of a future trade will position itself to profit from the imminent price action.

Different strategies are used by investors to avoid the risks inherent to a large trade. A standard approach is simply breaking up the trade into smaller transactions over time among multiple brokers. Another is using “dark pools” which allow investors to place orders and make trades on a closed exchange to avoid broadcasting their intentions on public markets.

From Equities Markets to Crypto Markets

Large crypto purchases have many of the same risks and considerations as large equities purchases, so many of the same mitigation strategies used by stock market investors have the potential to work for crypto investors.

Our recent article about off-chain transactions explained that crypto investors with substantial holdings can simply execute a private crypto sale off the blockchain so that the transaction is not publicly known.

Large on-chain transactions are immediately apparent on the blockchain and are therefore very obvious to other investors. There are Twitter bot accounts devoted to tracking and announcing such transactions:

Defy Trends tracks the public reaction to such announcements by using sentiment analysis of social media data. Such large transactions may generate interest in crypto causing a rise in demand and subsequently the price. Influential whales can leverage their social media presence to further bolster their investment.

Moving Markets Like Musk

The most prominent example is Elon Musk, who tweeted that Tesla was buying $1.5 billion in Bitcoin in February 2021 and would accept payment in BTC. Shortly after this announcement, the price of BTC went to an all-time high. A few months later, Musk decried the environmental impact of Bitcoin mining and revoked BTC payments for Tesla cars. This triggered a major price correction and prompted accusations of market manipulation.

But it’s not just interest and sentiment that move crypto markets. Just as with equities, a large enough crypto transaction that occurs on a spot market through an exchange will put pressure on the supply and raise the price. In October 2021, an unidentified group bought nearly $1.6 billion worth of BTC within a few minutes on an exchange. This was notable as large crypto purchases are usually executed in over-the-counter markets — some analysts theorized that this purchase was purposely done on an exchange to drive up the price.

Key Differences Between Crypto and Equities Markets

The comparison between large crypto transactions and large equities trades has several key limitations. Sending shares back and forth between aligned parties to stimulate demand and drive up the price is clear market manipulation and illegal. Moving large amounts of crypto between wallets owned by a single entity is possible, legal, and might be done within the normal course of business for a crypto exchange. One such example is the April 10, 2020 transfer of 161,500 BTC, the largest BTC transaction ever at the time. It caused a momentary stir on social media until the CTO of Bitfinex tweeted an explanation:

The reason for initially moving so much BTC — when only 15,000 were staying in the destination wallet — was not given.

Spreading smaller purchases or sales out over time is a viable strategy, but it is difficult because volatility is generally higher in the crypto market than in equities markets. Accordingly, an investor might find this more difficult than slowly taking a position in a publicly-traded company with lower volatility.

Something that is unique to crypto, however, is an investor’s ability to buy up different cryptocurrencies to avoid a singular large purchase of one type of coin. The other currencies can be traded for the final desired coin on an exchange — without having to convert any of them to cash!

As crypto usage and market caps grow, the relationship between the crypto markets and equities markets will become more complex and robust, allowing for more strategies to guarantee upsides, limit downsides, and mitigate risk. Buying shares of a publicly-traded crypto exchange can already be seen as a sort of blended investment — the performance of the stock is highly correlated with the price of the cryptocurrencies the exchange offers for trading.

Familiarity with the rules and strategies that govern equities markets will increasingly serve the prudent crypto investor. At Defy, we are committed to giving you the education and tools needed to navigate the exciting world of cryptocurrency investing. Follow us here on Medium and on Twitter to read more articles like this, and make sure to subscribe to our newsletter for the latest updates about the Defy platform that will be introduced later this quarter.