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            <title><![CDATA[4.3.1 — Мобильные прокси. То, что никогда не забанят.]]></title>
            <link>https://paragraph.com/@gloomywasp8/4-3-1</link>
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            <pubDate>Sun, 15 May 2022 09:25:12 GMT</pubDate>
            <description><![CDATA[Данная статья является частью моего полноценного курса по криптовалюте, прочесть его можно здесь — ТЫК Мобильные прокси проксируют наши запросы через инет GSM-операторов, т.е. айпишники у нас будут мобильных провайдеров. А в чем прикол мобильных IP?У мобильных операторов куча абонентов и каждому уникальный и статический айпи не выдать, да и невозможно это ввиду постоянного перемещения пользователя, поэтому провайдеры дают один адрес сотням и тысячам пользователей, у них есть определенные пулы...]]></description>
            <content:encoded><![CDATA[<p>Данная статья является частью моего полноценного курса по криптовалюте, прочесть его можно здесь — ТЫК</p><p>Мобильные прокси проксируют наши запросы через инет GSM-операторов, т.е. айпишники у нас будут мобильных провайдеров.</p><p>А в чем прикол мобильных IP?У мобильных операторов куча абонентов и каждому уникальный и статический айпи не выдать, да и невозможно это ввиду постоянного перемещения пользователя, поэтому провайдеры дают один адрес сотням и тысячам пользователей, у них есть определенные пулы адресов, которые раздаются.</p><p>Поэтому их не блокируют. Ведь если заблочить мобильный адрес одного пользователя за какие-то нарушения — отвалится еще минимум пару сотен юзеров.</p><p>Где брать мобильные прокси?</p><p>Я беру мобильные прокси у этого сервиса — mobileproxy.space</p><p>Поэтому и рассказывать о мобильных прокси буду отталкиваясь от этого сервиса, соответственно и вам рекомендую брать мобильные прокси у них. Цена там довольно дешевая, есть сервисы еще немного дешевле, но скорость у них оставляет желать лучшего, на этом же все пушка + поддержка живая и реально помогает.</p><p>Почему мобильные прокси не забанят сервисы с формами по типу глима?</p><p>Когда мы берем в аренду обычные адреса, то делаем это у разных сервисов, которые принадлежат хостинг-провайдерам и различным сервисам, т.е. этими сервисами невозможно пользоваться физ лицу, поэтому глим сейчас постепенно и блочит таких провайдеров.А мобильные прокси принадлежит обычным операторам, типа МТС и Мегафона, их никогда не заблочат.</p><p>Почему мобильные прокси стоят дорого?</p><p>Потому что вам не нужно брать отдельный айпи на каждый аккаунт.Вы можете взять только 1 айпи за 2.5к руб, и установить на все аккаунты (допустим 100), просто перед входом на аккаунт и личном кабинете нужно будет нажать на кнопку смены адреса и все.</p><p>Внутренний адрес у нас всегда один, его видим только мы и оператор, а вот внешний адрес уже совсем другой.Соответственно прокручиваем один акк на одном адресе, выходим, жмем на кнопку смены адреса и заходим на новый акк уже под новым внешним адресом.Это выгодно, если у вас 100+ аккаунтов, просто покупаете 1 адрес и работаете на нем, меняя внешние адреса перед входом.</p><p>Минусы мобильных прокси</p><p>Нет многопоточности, т.е. несколько аккаунтов параллельно крутить нельзя. Не, ну в теории можно, так как это мобилки и ваши аккаунты не ограничат скорее всего, но стоит понимать, что внешние адреса будут одинаковые, а это не есть хорошо.</p><p>Ферму в очередь не поставить. В тот же сейл на Коинлисте вы не станете на этих прокси, это очень опасно, так как внешние адреса одинаковы.Но для форм вайтлистов мобильные просто идеальны.</p><p>А на этом статья подходит к концу, до встречи в следующей!</p><p>Автор: Алексей Гриз, владелец greezblog.ruПереходи по ссылке и подписывайся на наши ресурсы по заработку!Ресурсы для абуза — ТЫК</p>]]></content:encoded>
            <author>gloomywasp8@newsletter.paragraph.com (gloomyWasp8)</author>
        </item>
        <item>
            <title><![CDATA[Also, Read]]></title>
            <link>https://paragraph.com/@gloomywasp8/also-read</link>
            <guid>BQsJK6x6klR36iSVD2k1</guid>
            <pubDate>Sun, 08 May 2022 10:37:21 GMT</pubDate>
            <description><![CDATA[Hedron Coin ($HDRN) is a confusing cryptocurrency to buy. There’s no good guide out there explaining everything you need to know. That’s why we created this beginner’s guide. In this article, I’m going to walk you through how to buy Hedron Coin so that you can start trading/investing in it. Hedron (HDRN) is a collection of smart contracts that live on the Ethereum and PulseChain blockchain(s). Hedron builds on top of HEX to allow stakers to mint and borrow HDRN tokens against their active HEX...]]></description>
            <content:encoded><![CDATA[<p>Hedron Coin ($HDRN) is a confusing cryptocurrency to buy. There’s no good guide out there explaining everything you need to know. That’s why we created this beginner’s guide. In this article, I’m going to walk you through how to buy Hedron Coin so that you can start trading/investing in it.</p><p>Hedron (HDRN) is a collection of smart contracts that live on the Ethereum and PulseChain blockchain(s). Hedron builds on top of HEX to allow stakers to mint and borrow HDRN tokens against their active HEX stakes.</p><p>Hedron also allows stakers to trade their HEX stakes as NFT tokens on any compatible NFT marketplace. Hedron has no admin keys and no kill switches. Just like HEX, Hedron is completely decentralized with zero counterparty risk.</p><p>No matter what people say, it’s easy to buy Hedron Coin ​​with a credit card. Your first step will always be to buy BTC/ETH/USDT/BNB with your credit card. They can then be converted to Hedron Coin. Transfer BTC/ETH/USDT/BNB to an exchange that supports Hedron Coin. Finally, exchange it for Hedron Coin. Please follow our step-by-step guide below on how to buy Hedron Coin ($HDRN).</p><p>The well-known website Coinbase has already enabled trading for Bitcoin Cash, Ether, and Litecoin, but what about what’s commonly referred to as altcoins? Here’s how to buy Hedron Coin ($HDRN)!</p><p>The first thing you will need to do is register with one of the many exchanges that allow fiat-to-crypto purchases. You can buy cryptocurrency on exchanges or peer-to-peer. On exchanges you can use fiat money to buy cryptocurrency, for example, you can use USD to buy Ethereum (ETH), Bitcoin (BTC), Litecoin (LTC).</p><p>In this case, we need to buy Ethereum (ETH) from Coinbase.</p><p>Coinbase is also one of the largest crypto exchanges that accept fiat deposits. Use the link below to register at Coinbase and you will receive a free amount of $10 worth of BTC after buying $100 worth of cryptos.</p><p>SIGN UP ON COINBASE &amp; GET $10!</p><p>This can be done by going to the website and clicking “Sign Up.” You will be required to enter your name, email address, create a password and verify your email address.</p><p>After your account has been created, you will be required to go through the KYC (know your customer) process. The KYC process also requires you to provide proof of identity and proof of residency.</p><p>During the KYC process, you may be required to add a picture of yourself holding up your government-issued ID and a picture of yourself holding up your driver’s license or passport. Once this is complete, you should have successfully registered and can now buy cryptocurrency!</p><p>Select ETH and enter how much money you want to spend/how many coins you want to buy in the windows at the bottom of the page. Once this is done, click on the Buy button. Now you will have to confirm your purchase. Do this by pressing the Confirm purchase button. You now own some ETH. However, don’t close Coinbase just yet — we’ll use it later!</p><p>Note: If you use a card on Coinbase, your fees will be higher, but your purchases will be instant. It’s cheaper to use bank transfers, but it’s slow — it can take up to a week to receive your coins. When your payment details are verified, click on the ‘buy/sell’ button in the top menu.</p><p>You can use ETH to buy most coins and tokens in the market. The quickest way to buy Hedron Coin is to transfer your ETH to Metamask Wallet (or the exchanges listed below for US traders) and swap your ETH for HDRN on UniSwap.</p><p>Now you will need to find an exchange that allows you to deposit ETH and trade it for Hedron Coin. As HDRN Coin is currently listed on UniSwap we will guide you through how to convert your ETH on the platform.</p><p>There are many other exchanges like KuCoin, Kraken, Gate.io, ByBit, Bitmart, and MEXC that offer Altcoins.</p><p>See more: How to buy Crypto from PancakeSwap using MetaMask Wallet</p><p>Connecting to UniSwap using MetaMask is easy, once you have your own wallet set up.</p><p>Once you have installed MetaMask on your browser and created a wallet, we can begin connecting it to the Uniswap exchange.</p><p>Step 1: Go to the Uniswap website to start the process.</p><p>Step 2: Click on Connect Wallet in the top right corner of the page.</p><p>Step 3: You will then see a pop-up asking you which wallet you want to use. Select MetaMask from the list of options displayed on this page.</p><p>Step 4: A pop-up will appear from MetaMask asking you if you would like to allow Uniswap to connect with your wallet. Click connect.</p><p>I will show you step by step on how to swap ETH for HDRN:</p><p>Now you can see your HDRN Coin in your MetaMask Wallet. Congratulations! You have finally bought Hedron Coin ($HDRN)!</p><p>Learn more: How to buy coins from UniSwap using MetaMask Wallet</p><p>No, Not all cryptocurrencies are as easy to get as others. Hedron Coin is one of them. It’s not listed on Coinbase’s app or the Coinbase Wallet.</p><p>You can buy Hedron Coin with any decentralized crypto exchange which works on Ethereum Blockchain technology.</p><p>You can sell Hedron Coin with any decentralized crypto exchange which is built on Ethereum Blockchain technology.</p><p>No, Hedron Coin is a digital token built on the Ethereum Network.</p><p>No, you cannot buy Hedron Coin with PayPal directly. However, you can use Binance to exchange your fiat currency in PayPal for $HDRN.</p><p>No, you cannot buy Hedron Coin with your cash directly. However, you can use Binance to exchange your cash for $HDRN.</p><p>No, you cannot mine Hedron Coin ​​as it has a different network structure than Bitcoin. You can only buy Hedron Coin ​​from an exchange.</p><p>cryptobuyclub.com</p><p>Join Coinmonks Telegram Channel and Youtube Channel learn about crypto trading and investing</p>]]></content:encoded>
            <author>gloomywasp8@newsletter.paragraph.com (gloomyWasp8)</author>
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            <title><![CDATA[Non-fungible tokens: boom or bust? A glance at opportunities for institutional investors]]></title>
            <link>https://paragraph.com/@gloomywasp8/non-fungible-tokens-boom-or-bust-a-glance-at-opportunities-for-institutional-investors</link>
            <guid>OVs3PkfdEQDAkwCqSlU6</guid>
            <pubDate>Fri, 29 Apr 2022 06:49:57 GMT</pubDate>
            <description><![CDATA[The concept of non-fungible tokens has existed since 2012 (they were known as colored coins at that time), but it was not until March 2021 that a work of art called Everydays: The First 5000 days made the public’s ears prick up — and for good reason. The buyer of the artwork paid an astonishing US $69 million for a digital collage created by Beeple — an artist who until October 2020 had never sold a print for more than US $100. Many people were puzzled by how a digital picture could be worth ...]]></description>
            <content:encoded><![CDATA[<p>The concept of non-fungible tokens has existed since 2012 (they were known as colored coins at that time), but it was not until March 2021 that a work of art called Everydays: The First 5000 days made the public’s ears prick up — and for good reason. The buyer of the artwork paid an astonishing US $69 million for a digital collage created by Beeple — an artist who until October 2020 had never sold a print for more than US $100. Many people were puzzled by how a digital picture could be worth millions of dollars even though anyone could just take a screenshot of it.</p><p>And yet, there’s an appealing rationale for the future of NFTs, with industries that struggled to directly monetize their work slowly but surely realizing the potential of this technology. For example, integrated royalty mechanisms allow creators (such as artists or musicians) to receive a percentage of revenue every time the NFT changes hands on secondary markets. Additionally, the financialization of NFTs is gaining huge traction these days, making it a hot topic for institutional investors as well.</p><p>We at Finoa have consolidated our market insights in an attempt to shed light on the subjects relevant to institutional investors, in particular:</p><p>As the very first step, we have to understand that non-fungibility is a characteristic that we have been familiar with since our childhood days — provided that childhood involved cherishing prized objects like the latest Barbie doll or Superman action figure. What we have not seen is ownership of those unique items being stored as tokens on a digital, decentralized, public ledger — a blockchain.</p><p>Non-fungibility becomes very clear if we contrast it with fungibility. The term “fungibility” refers to the ability of a good or asset to be readily interchanged for another of like kind. Let us think of an example: Imagine your best friend lends you a one-dollar bill. Would he expect you to give him back that exact dollar bill? Probably not. Any bill would do because any US dollar is equal to any other US dollar. Therefore, currencies are fungible.</p><p>But how would we value the iconic 1939 Volkswagen Type 1, more commonly known as the “Bug” or “Beetle”? (For those of you unfamiliar with classic car collecting — this iconic car designed by Ferdinand Porsche was affordable and became the zeitgeist of the 1960s, symbolizing the “small is beautiful” ethos.) In contrast to an exchange of dollar bills, it would be an uneconomic decision to exchange your 1939 Beetle for your friend’s more modern Beetle because they “are both Beetles”. The value of your Beetle depends on variables such as condition, rarity, and popularity.</p><p>What does this have to do with NFTs? The revolution behind NFTs lies in the fact that they establish proof of ownership for digital assets. Such as the one-of-a-kind Beetle, each NFT is entirely unique and not interchangeable . A record of transactions on the blockchain offers unquestionable proof of when the original NFT was created, including every time it changed ownership.</p><p>If you are new to the digital asset space, you might wonder which use cases emerge from NFTs. Currently, the great majority of NFTs held for sale are digital artworks, rare videos and sports highlights, assets in games, collectibles, and virtual properties. However, the tokenization of tangible assets such as cars, real estate, and wills is highly anticipated in the future.</p><p>Attaching digital content to the blockchain as a nonfungible token is neither complex nor technical. Anyone can create — or, in crypto jargon, “mint” — an NFT. All you need to do is upload the high-quality representation of your digital item on the NFT marketplace of your choice — OpenSea being the largest, with 98.6% market share as of January 2022 — without having to write a line of code. The NFT creation process allows you to choose how many copies of a specific version you want to mint, making some tokens more exclusive than others.</p><p>As you might have noticed, global interest in NFTs has heavily increased in the past year. Worldwide Google search volume for the keyword “NFT” is currently making new highs, surpassing search volume for the word “crypto” for the first time ever.</p><p>However, it’s primarily in the marketing channels of Discord and Twitter that lively exchanges and distribution of information take place. In order to retrace the birth of NFTs, we have to step back in time.</p><p>If we look at NFTs from a high-level perspective, it makes sense to divide NFT history into three stages.</p><p>Stage 1: Bitcoin-based NFTs</p><p>Timeframe: ~ 2012–2016</p><p>When tracing NFTs back to the original idea, we must acknowledge the Colored Coins whitepaper by Yoni Assia (co-founder of eToro) and Vitalik Buterin (creator of Ethereum). In 2012, this whitepaper introduced Colored Coins as the earliest NFT predecessor. These were very small denominations of Bitcoin “colored” with specific attributes coded into metadata using Bitcoin’s scripting language. Although colored coins created a solid basis for NFTs, Bitcoin’s scripting capabilities were limited. Given the fact that colored coins only represented small denominations of Bitcoin, the commissions for processing transactions were low compared to other more profitable cryptocurrencies, discouraging miners from participating.</p><p>Taken together, these factors left the door open for a programmable blockchain — namely Ethereum — to create a better implementation. In June 2018, the ERC-721 token standard was accepted, creating a revolutionary opportunity for anyone to easily create and transfer NFT tokens on the Ethereum blockchain.</p><p>Stage 2: Ethereum-based NFTs</p><p>Timeframe: ~ 2017 — today</p><p>In October 2017, the first popular example of NFTs called CryptoKitties — a collection of artistic images representing virtual cats — appeared on the Ethereum network, using the still experimental ERC-721 standard. The virtual cats carried different visual attributes of varying levels of rarity, and were breedable, allowing users to create new cats with unique features. The “crazy amount(s) of real money” spent in the game presumably appeared outlandish to the general public but did not bring the trend to a halt. One market participant went so far as paying 600 ETH (US$ 170,000 at the time) for the most expensive CryptoKitty ever.</p><p>Another NFT heavyweight has its origins in 2017: CryptoPunks, a collection of 10,000 algorithmically-generated characters with unique features, could be claimed for free at launch by any user with an Ethereum wallet. Fast forward to today, and the value of CryptoPunks has skyrocketed. The most expensive Punk ever, the only alien CryptoPunk with a medical face mask, was sold for a nail-biting US$ 11.75 million.</p><p>The Ethereum ERC-721 token standard was a major enabler of NFT adoption but also brought the Ethereum blockchain to its limits, as increasing NFT demand caused roaring transaction fees. That opened the door for NFTs on other blockchains, bringing us to the third and final stage of our three-part history lesson.</p><p>Stage 3: “Alternative blockchain” based NFTs</p><p>Timeframe: 2020 — today</p><p>Currently, other Layer 1 protocols, as shown in the table below, are developing capacities to solve the perceived shortcomings of Ethereum. These newer blockchains include Solana, Ronin, and Flow, to name a few.</p><p>For example, the iconic CryptoKitties announced its transition from Ethereum to the Flow blockchain which could get the ball rolling for other projects. While Ethereum can handle 13–15 transactions per second, Flow’s protocol achieves a throughput of 1,000 transactions per second — with the next objective to reach a reasonable 10,000 TPS capability. Flow achieves this by using a Proof of Stake consensus mechanism, designed for extensive scaling without the use of complex sharding techniques.</p><p>Aside from Flow, there are many blockchains now promoting scalable, low-fee infrastructure designed explicitly for NFTs. As shown in the table above, with over $12.6b in sales volume, Ethereum still remains the most widely used blockchain for NFTs, but the success of Axie Infinity has pushed Ronin to the number two spot, with Solana and Flow taking third and fourth place.</p><p>Here is proposed a framework of 5 variables that influence the value of an NFT.</p><p>Value of NFT = Rarity + Utility + Ownership History + Liquidity + Community</p><ol><li><p>Rarity</p></li><li><p>Purchasing an NFT that is rare maximizes the likelihood of having a high-value NFT in your wallet. The importance of rarity becomes apparent when we look at collectibles, which have a limited quantity or varying scarcity of their attributes. For a given NFT in a collection, each trait can be assigned a rarity score based on the percentage of NFTs having that particular trait in the collection. The more unique these characteristics are, the higher the expectations of the NFT’s value. For example, CryptoPunks with a low circulation of traits are valued way higher than those with a mixture of common traits. For this reason, it should not be surprising that the above-mentioned CryptoPunk #7523 — in fact, the third rarest punk in the space — was traded for US$ 11.75 million.</p></li><li><p>Utility</p></li><li><p>Is the NFT attached to a game, metaverse, or does owning it give a unique benefit? The present and expected future utility of an NFT is crucial when trying to understand a value composition.</p></li><li><p>Redeemability, understood as the unique opportunity for an NFT holder to trade the NFT for physical goods unavailable to the public, adds utility to NFTs. For example, Redeemablenfts.com is a marketplace for crypto merchandise, such as “Hodl” pillows or Bitcoin bed sheets that can only be snagged in exchange for an NFT.</p></li><li><p>Another way to create utility value is to offer interoperability for users. Future innovations may lead to a world (or so-called metaverse) where users can transfer all of their non-fungible belongings from one game to another.</p></li><li><p>Moreover, holding a scarce NFT can grant you lifetime membership to closed communities, the best example being the “Bored Ape Yacht Club” — a troop of 10,000 cartoonish primates. Beyond showing off a prestigious ape as an avatar on Twitter, the club further enables exclusive NFT ownership rights before anyone else. For instance, each proud owner of a bored ape had the ability to mint a free Mutant Ape NFT, which currently trades for several hundred Ether on Opensea.</p></li><li><p>Finally, an interesting yield-bearing utility can be generated when NFT meets Decentralized Finance (DeFi). Especially from an institutional investor perspective, the DeFi use case is worth a closer look which follows later in this piece.</p></li><li><p>Ownership history</p></li><li><p>Value is heavily affected by the creator or previous owners of the NFT, which can be globally recognized artists, celebrities, or brands. Any object tied to a prominent figure or brand on the market affects the value perception of their work.</p></li><li><p>One practical example is featured in the documentary “Trader”, in which legendary hedge fund manager Paul Tudor Jones puts on his lucky sneakers, claiming that he bought them at a charity auction because they used to be Bruce Willis’ and “the man’s a stud”. It clearly underscores how ownership history can heavily influence an item’s appreciation potential. How can that be related to NFTs? In June 2021, the famous rapper Jay Z changed his Twitter profile picture to CryptoPunk NFT #6095, which he had purchased on OpenSea. According to DappRadar, a global app store for decentralized applications, Jay Z would generate a nice profit of 90% on #6095 if he would sell it today.</p></li><li><p>Liquidity</p></li><li><p>In general terms, the liquidity of NFTs is quite low compared to fungible tokens. Because there is a risk of being stuck with an NFT, those NFTs with high trading volumes command a premium. High trading volumes also prevent market manipulation and volatile pricing. That explains why investors may place greater value on NFTs that are deployed on the Ethereum blockchain, as chances are good that they can be traded on secondary markets.</p></li><li><p>Community</p></li><li><p>How strongly is the community engaged with the project? Since NFTs exist in a supply and demand-driven economy, if the community is not enthusiastic about the project but rather wants to make a quick flip, chances are high that it will not be worth much for long.</p></li><li><p>First, a strong community is one with a long-term view of the respective project. This is expressed, for example, in Telegram or Discord channels in which the members discuss potential use cases and further engagement with the project rather than disclosing primarily profit-driven motivations.</p></li><li><p>Second, strong community is emotionally attached to their NFTs. For example, the owner of CryptoPunk #6046 turned down a US $9.5 million offer, because he perceives the NFT as a crucial part of his identity. Or to phrase it in his words: “I am my jpeg, my jpeg is me.”</p></li><li><p>Let’s face it. NFTs constitute one of the hottest topics in the space at the moment, with internationally recognized newspapers such as “The Economist” and “Financial Times” lending their opinions. However, for many institutional investors, getting exposed to an unregulated, highly volatile asset class appears relatively speculative. As for most NFT projects, historical time series of prices only go back as far as early 2021, making it fairly unsuitable for long-term or quantitative analyses.</p></li><li><p>What the future holds is anyone’s guess, and it doesn’t help when Coinbase founder Fred Ehrsam states that 90% of NFTs produced today “will have little to no value in three to five years”. And yet, only recently (14/12/2021) Mike Novogratz, an ex-hedge fund manager and founder of Galaxy Investment Partners , referred to NFTs as “the most important thing that happened this year”.</p></li><li><p>Visa’s purchase of a CryptoPunk demonstrates a bullish attitude and chances are looking good that other players will follow suit. To give you another example, Kevin Rose just announced on behalf of True Ventures, a venture capital firm that invests in early-stage technology start-ups, that the firm is pursuing to “hold bluechip NFTs on their books”.</p></li><li><p>Although we find ourselves in the early NFT stages, we have been wondering what would actually make it worthwhile for an institutional investor to be exposed to the non-fungible world? NFTs in their basic form do not earn any yield, unlike fungible tokens, which can be lent out, staked, or otherwise put to work.</p></li><li><p>In a previous blog post, we discussed DeFi and its promising nature for institutional investors to participate in decentralized lending, borrowing, and trading using fungible tokens. As we have already pointed out in the utility section of this article, what we expect to see in the future is an attractive fusion of both worlds — DeFi and NFT. Let us draw up the current DeFi market offering for NFTs:</p></li><li><p>Liquidity Pools &amp; Fractionalization</p></li><li><p>Within the NFT market, NFTX and NFT20 have emerged as the leading platforms to solve the lack of liquidity. Holders of NFTs that do not trade frequently are able to place their NFTs into a so-called “vault” or “pool”, which functions as a repository for holding many NFTs of the same value. The great majority of vaults are “floor” vaults, meaning that they contain the lowest valued NFTs from a collection. As soon as the NFT is deposited in the vault, the user receives a token representing a claim on any single NFT in the vault. This token can be used throughout the whole DeFi space, including in ways that generate yield.</p></li><li><p>The classic way to generate yield on DeFi tokens is to provide liquidity on a decentralized exchange such as Uniswap, which enables trading activities on that exchange and earns transaction fees in the process. By way of background, decentralized exchanges — like Sushiswap and Uniswap, which hold the largest market shares — allow for on-chain trading without the necessity of a traditional order book. Instead, these pools motivate liquidity providers to lock their assets in exchange for an incentive, proportional to their share of the total liquidity available for trading in that pool.</p></li><li><p>The innovation of NFTX and NFT20 is in the transformation of a non-fungible item into something fungible that can be easily traded or used to generate passive yield on decentralized exchanges.</p></li><li><p>As an alternative to liquidity pools, fractionalization protocols such as Fractional and Unicly are gaining ground. Using these protocols to split an ERC-721 token into multiple ERC-20 tokens has become increasingly popular, as it allows the broader public to acquire small parts of the most coveted, otherwise too expensive NFTs. Especially in the light of a highly volatile and illiquid NFT market, fractionalization also enables the investor to minimize risk by obtaining portfolio diversification instead of relying on a small number of expensive NFTs. Similar to NFTX and NFT20, Unicly and Fractional decompose non-fungible ERC-721 tokens into fungible and liquid ERC-20 tokens which allows the tokens to be used for DeFi applications like trading and lending. Besides Ethereum, it is likely that DeFi functionality will be enabled for other blockchains as well.</p></li><li><p>Lending</p></li><li><p>Since DeFi applications do not require any central authority as an intermediary in the lending process, investors have the opportunity to borrow other cryptocurrencies against their NFTs as collateral. Especially for investors who do not want to part with their NFT, but require cash, lending can be the perfect solution. In the case that the value of the collateral becomes less than the value of the loan, the collateral is liquidated in order to pay back the loan before the borrower goes bust.</p></li><li><p>On the leading NFT lending platform, NFTfi, lenders grant borrowers up to 50% of their NFT value as the loan principal. The interest rates, however, vary depending on both the lender and the desirability of the NFT. But as discussed previously, we have to consider the NFT market as highly illiquid, which makes it difficult to establish the real-time value of an NFT. As a proxy for the fair value of the collateral, lenders can pay attention to the recent sales history or the floor price of similar assets.</p></li><li><p>It is exciting to see the ball rolling for lending platforms being created explicitly for institutional investors and high-net-worth retail investors. Take for example Arcade (formerly Pawn.fi), a platform that raised a US$ 15 million Series A fund in late December 2021 to facilitate loans against NFTs for institutional investors. With the marriage of DeFi and NFTs, we are entering an exciting new chapter in the crypto world. The existing landscape of DeFi/NFT projects (shown in image 6) continues to build and capture peoples’ interest and imagination.</p></li><li><p>NFT trading volume exploded in 2021, increasing 38,060% year-over-year in Q3 of 2021, as shown in the graph below. That trend has continued to pick up momentum in 2022 with daily trading volume surpassing US$ 231 million two days into 2022, the highest level since the initial explosion in August of 2021.</p></li><li><p>What this trend does not disclose is the rate at which non-fungible tokens are being adopted across different groups of the population. According to research conducted by Finder.com, we have not yet reached the “early majority” stage of the adoption bell curve. As of November 2021, we find primarily early adopters invested in NFTs: Just 2.8% of American internet users currently own an NFT with an additional 3.9% planning to buy NFTs in the near future. NFT adoption rate here in Germany paints a similar picture: While 4% of Germans hold NFTs in their wallets, an additional 3.4% plan to do so in the future.</p></li><li><p>As shown, we are still in the very early days of NFTs, which might explain the lack of regulation and continuing volatility.</p></li><li><p>But let us look into the future: How will the investment perspective of institutional investors adapt once an early or even late majority of the worlds’ populations have some of their savings tied up in NFTs? And especially: What role should a digital asset custodian play in the NFT ecosystem?</p></li><li><p>Fred Ehrsam’s notion that 90% of NFTs produced today “will have little to no value in three to five years” is speculative, but it draws our attention to the fact that only a handful of NFTs will produce steady value retention or appreciation in the long run. These are likely to be today’s “blue chip” projects such as CryptoPunks, Bored Ape Yacht Club, and NBA TopShots, and indeed these are being sought after by institutional NFT investors striving to minimize their risk.</p></li><li><p>Shortly before the New Year of 2022, Bitwise Asset Management, a leading index fund manager with more than US$ 1.7 billion assets under management (AUM), announced the Bitwise Blue-Chip NFT Index Fund — the “world’s 1st NFT index fund”.</p></li><li><p>The index fund is designed to make it easier for accredited investors to gain market-cap-weighted exposure to the top 10 most valuable and established NFT collections. The product, which is similar to equity index funds, rebalances quarterly and is composed of the holdings shown in image 10 below.</p></li><li><p>Although the fund removes the complexities around the purchase and custody of NFTs, the investor gives up the unique opportunity to generate additional yield via DeFi products, instead of paying a 3% management fee to Bitwise for the administration of the fund. A direct NFT investment currently constitutes the only way for an institutional investor to gain access to DeFi’s yield-bearing nature and prevent an otherwise “mostly static state.” This was pointed out by Brandon Buchanan, CEO of a Miami-based Web3 focused investment management firm called Meta4 Capital:</p></li><li><p>“NFTs that would otherwise be in a mostly static state are now being put to work and we’re able to financially engineer returns in excess of the interest rate for our investors either by buying additional NFTs or earning yield through DeFi protocols.”</p></li><li><p>Similar to conventional crypto-currencies, institutional investors are likely to rely on trustworthy custody solutions for their NFTs. At Finoa, we are curiously exploring NFT-custody across multiple chains, and already enable custody of both Ethereum ERC20 tokens and the native tokens of the Flow blockchain, giving investors a way to make an indirect bet on NFTs. (As indicated in the table at the beginning of this piece, the Ethereum and Flow blockchains have enabled 72% of the historical trading of NFTs.)</p></li><li><p>The exciting integration of NFTs and DeFi only began within the last year and is still in its infancy. However, in the future, digital asset custodians could enable institutional investors to achieve both the highest levels of security as well as the opportunity to generate a passive, stable yield on their NFT investments.</p></li><li><p>In summary, this piece presented the concept of proving ownership of a non-fungible item on a blockchain. It was shown that while Ethereum is the underlying blockchain behind most NFTs, several other blockchains are gaining significance in the quest for a low transaction cost, scalable infrastructure.</p></li><li><p>While assessing five key value drivers for NFTs, we also established that the NFT market is still highly volatile and illiquid, with investors often struggling to determine the value of an NFT. We also took a look at “vault” solutions which increase the fungibility of “floor” NFTs, improving their liquidity and also providing an opportunity to earn yield via DeFi applications. Conversely, fractionalization mechanisms enable a single NFT to be broken down into multiple tokens.</p></li><li><p>We are still in the early stages of NFT-based DeFi products and are looking forward to seeing more protocols in that innovative field. When it comes down to selecting a custodian for NFTs, there will potentially be a rising demand for both security and the potential to earn a return on the assets over the long term.</p></li><li><p>Finoa is a regulated custodian for digital assets, servicing professional investors with custody and staking. The platform enables its users to securely store and manage their crypto-assets, while providing a directly accessible, highly intuitive, and unique user experience, enabling seamless access to the ecosystem of Decentralized Finance (DeFi). Reference customers include the world’s most renowned Venture Capital firms, large corporations, and financial institutions. Finoa was founded in Berlin in 2018, has received a preliminary crypto custody license (§64y Para. 1 KWG), and is supervised by the German Federal Financial Supervisory Authority (BaFin).</p></li><li><br></li></ol>]]></content:encoded>
            <author>gloomywasp8@newsletter.paragraph.com (gloomyWasp8)</author>
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            <title><![CDATA[Basketballverseへようこそ!]]></title>
            <link>https://paragraph.com/@gloomywasp8/basketballverse</link>
            <guid>w7qzhDR8Lw50PHfYfA4X</guid>
            <pubDate>Fri, 22 Apr 2022 00:07:40 GMT</pubDate>
            <description><![CDATA[この記事は、以下の記事を翻訳したものです。 medium.com 人々はバスケットボールを愛しています。約22億人のファンが、プレーヤーとして、観客として、インターネットやソーシャルメディアの雑誌で、そしてゲーマーとして楽しんでおり、世界で3番目に人気のあるスポーツとなっています。しかし、問題があります。 従来、バスケットボールのゲームに積極的に、リアルに、プロとして参加するには多くの障壁がありました。今日のゲーマーは、競争、カスタマイズ、所有、収益の獲得などの幅広い機会を提供する、真に没入できる体験を求めています。彼らは、オンラインでの体験が、コート上と同様にリアルでエキサイティング（そしてやりがいのある）ものであることを望んでいます。 幸いなことに、ブロックチェーンベースのP2E（Play-to-earn）ゲームモデルは、ゲームメタバース内のすべてのプレイヤーに、広く開かれた経済と金銭的報酬を提供します。ゲーム内資産のコントロールとプレイ方法の選択肢が増えたことで、ゲーマーは暗号通貨やNFT（ノンファンジブル・トークン）で稼ぎながら、好きなゲームを思う存分に楽しむことができま...]]></description>
            <content:encoded><![CDATA[<p>この記事は、以下の記事を翻訳したものです。</p><p>medium.com</p><p>人々はバスケットボールを愛しています。約22億人のファンが、プレーヤーとして、観客として、インターネットやソーシャルメディアの雑誌で、そしてゲーマーとして楽しんでおり、世界で3番目に人気のあるスポーツとなっています。しかし、問題があります。</p><p>従来、バスケットボールのゲームに積極的に、リアルに、プロとして参加するには多くの障壁がありました。今日のゲーマーは、競争、カスタマイズ、所有、収益の獲得などの幅広い機会を提供する、真に没入できる体験を求めています。彼らは、オンラインでの体験が、コート上と同様にリアルでエキサイティング（そしてやりがいのある）ものであることを望んでいます。</p><p>幸いなことに、ブロックチェーンベースのP2E（Play-to-earn）ゲームモデルは、ゲームメタバース内のすべてのプレイヤーに、広く開かれた経済と金銭的報酬を提供します。ゲーム内資産のコントロールとプレイ方法の選択肢が増えたことで、ゲーマーは暗号通貨やNFT（ノンファンジブル・トークン）で稼ぎながら、好きなゲームを思う存分に楽しむことができます。</p><p>これは急速に成長している市場です。ブロックチェーンベースのゲーム会社24社が、2021年上半期に4億7600万ドルの投資資金を調達し、P2Eゲーム業界全体では、2020年だけで200億ドルの収益を上げています。現在、世界で活動している10億人のオンラインゲーマーが世界で1,758億ドルの収益を上げていますが、2025年には13億人のゲーマーが2,000億ドルの収益を上げると予測されています。</p><p>Basketballverseは、この巨大で新しいゲーム環境を利用して、ブロックチェーンベースのバスケットボール体験をメタバースにもたらし、Play-to-earn機能とNFTコレクションを組み合わせたものです。これにより、何百万人もの愛好家が、実収入を得ながら、選手、クラブマネージャー、アリーナオーナーとしてプロのメタバースのバスケットボールキャリアを始めることができるようになります。</p><p>BasketballVerseでは、バスケットボールの可能性を最大限に引き出すために、様々な方法でゲームに参加することができます。これは、誰もが公平に競争し、勝ち、稼ぐことができる全く新しい世界です。現実の環境がどうであれ、誰もが同じ場所からスタートします。つまり、自分の名声とお金は自分で作るのです。</p><p>選手はボーラーです。それぞれが、パフォーマンス、潜在的なスコア、価値を持つユニークなNFTトークンです。プレーや消耗品、実在のバスケットボール選手との練習を通じて、アップグレードすることができます。例えば、シャキール・オニールからリバウンドやブロックのスキルを購入したいと思いますか？はい、購入できます！</p><p>ゲームの選択肢は様々で、リーグ内、リーグ外、トーナメント、無料、有料、公開、非公開などがあります。プレイヤーは1対1から始めて、3対3や5対5のリーグにクラブから勧誘され、勝利やマイルストーンに応じてBVRトークンが与えられます。リーグのレベルが高ければ高いほど、勝者への報酬も大きくなります。</p><p>現実のバスケットボールの世界と同様に、プレイヤーはスポンサーを獲得したり、ファンベースを構築したり、商品を販売したり、自分のボーラーをレンタル/販売したりすることができます。</p><p>クラブのオーナーであるあなたの仕事は、最高の条件を提示してトッププレーヤーを採用し、ホームゲームを開催するアリーナとプレシーズン契約を結び、ファンベースを拡大して、クラブの人気、銀行の信用、勝利の機会を増やすことです。BasketballVerseのファンベースは、最も人気のあるソーシャルメディアチャンネルのフォロワーや、チームやボーラーを応援するためにストリーミングゲームを見ている人たちで構成されています。これは、世の中にある他のゲームとの重要な差別化要素であり、バスケットボールを楽しむための重要な要素です。</p><p>ファンベースを増やして人気が出てきたクラブは、現実と同じようにスポンサーを集めることができるようになり、ボーラーの給料やエントリーフィーの支払いなどに役立てられます。</p><p>また、すべてのクラブには、そのクラブの歴史上の偉大なボーラーを記念する「レジェンドホール」が設けられます。これらの有名選手は、NFTの資産として購入することができ、クラブのアイデンティティーを確立し、新しいプレーヤーを惹きつけるのに役立ちます。</p><p>選手と同様に、収益は、階層化されたリーグでの勝利、マイルストーン、スポンサーによってもたらされるだけでなく、チーム名、ロゴ、キットなどのブランディング契約を結ぶことによっても得られます。ファンの数が多いボーラーは、士気のスコアが上がり、パフォーマンスの可能性が高まります。</p><p>アリーナには10,000個のNFTトークンがあります。アリーナのオーナーになると、主催試合からパッシブインカムを得たり、選手の練習用にスペースを借りたりすることができます。現実世界と同様に、現実世界のバスケットボールアリーナとブランドから、大きなブランディングの可能性を得ることができます。実際、BasketballVerseでは、有名な会場との契約を進めており、ゲーム内のアリーナにその会場の名前を付けることができます。</p><p>アリーナをうまく管理することで、報酬が得られます。収益を上げるためにアリーナをアップグレードしたり（マーチャンダイジング・ブース、広告スペース、屋根、シートヒーターなど）、アリーナの外観や名前のスポンサーを集めたり、ドリンクやフードなどの消耗品をスポンサーとして販売したりします。</p><p>ボーラーは、1:1、3:3、5:5のゲームで競うことができます。3:3や5:5のゲームでは、クラブに所属する必要があります。クラブのマネージャーは、ボーラーを募集したり、クラブに参加するための取引を提案したりします。その取引とは、給与、限定商品、クラブ収益の分配、クラブ参加費などの組み合わせです。</p><p>本作は、3Dマルチプレイヤーゲームであり、ゲーム内で実際に選手を操作するため、ボーラーはすべての試合でオンライン状態になっておく必要があります。クラブのオーナーは、次の試合に出場する選手を選ぶことができますが、選ばれた選手が来なかった場合の代役を務めるために、残りの名簿登録選手も出席する必要があります。</p><p>試合中にオンラインで勝利したプレイヤーには、$BVRトークンで報酬が与えられます。実際にプレイした人にはより大きな金額が報酬として与えられ、プレイしなかった名簿登録選手の人にはより少額が与えられます。</p><p>ボーラーは、友達限定/招待者限定のトーナメントを作成するオプションを使って、友達と無料でプレイすることもできます。また、有料のバイ・インを固定することも可能です。現実世界と同じように、ボーラーはゲームを一貫してプレイする必要があり、そうしないとスキルレートが下がってしまいます。</p><p>ゲームには、回復を早めたり、一時的に士気を高めたりするための消耗品が用意されており、すべての消耗品は高いブランド性を持っています（例：回復ドリンクはゲータレード）。ゲーム内のルートボックスは、人気が出るように小さな報酬を提供しますが、ゲーム経済のバランスを崩すことはありません。</p><p>$BVRコインはゲーム内通貨で、プレイヤーへの報酬、クラブやアリーナのオーナーへのパッシブインカム、ボーラーや商品、アリーナの所有権、練習などの購入に使用されます。クラブのロゴやバスケットボールコートのスポンサー料も$BVRコインで支払われます。</p><p>その他の収益機会としては、紹介プログラム、バグバウンティ、広告表示などがあります。</p><p>Basketballverseの醍醐味の一つは、モデルだけでなく、実際のチームや選手とのパートナーシップによって、現実のゲームの収益性を再現していることです。私たちは、ジャージ、クラブ、アリーナ、リーグ、消耗品、コーチなど、ブランド化可能なコンテンツをたくさん持っています。</p><p>選手の外見であれば、ウェアのブランド化やカスタマイズが可能ですし、クラブのオーナーであれば、クラブ名やロゴ、カラー、外見全般のカスタマイズが可能です。アリーナは、コートの外観に始まり、ロゴ、アリーナの形状など、最も多くのカスタマイズが可能です。また、現実のバスケットボールアリーナを完全に再現することもできます。実際、バスケットボール界の大御所の方々からもご要望をいただいています。</p><p>リーグという意味では、ユーロリーグを思い出してみてください。メジャースポンサーはトルコ航空で、ロゴはトルコ航空のロゴを採用し、リーグ全体のブランディングもトルコ航空のブランディングに合わせて若干調整しています。私たちも同じように柔軟に対応しています。</p><p>試合中の消耗品も、ブランドに適した資産です。例えば、レッドブルのエナジードリンクは、次の2試合に向けてボーラーのエネルギーレベルを高めます。そして最後に、ゲーム内のコーチ陣です。私たちは、実際に活躍しているバスケットボール選手をバスケットボールのコーチとして採用しています。</p><p>BasketballVerseは、世界中の誰もが参加できるメタバースで、物理的なゲームの興奮、技術的なスキル、収益の可能性をもたらします。さあ、プレイボール！</p><p>Basketballverseは、ブロックチェーンを利用したPlay to Earn型のメタバースで、世界中のプレイヤーが実際の収入を得ながら、練習やゲーム内での対戦を通じてNFTバスケットボールのアバターを成長させることができます。ゲーマーは、試合を開催するクラブやアリーナを所有/管理したり、選手を募集したり、他のクラブとのリーグ戦に参加したり、スポンサーを獲得したり、商品を販売したりして、バスケットボール・ドリームを築くことができます。これこそが、メタバースにおけるバスケットボールの完全な体験なのです。</p><p>ホワイトペーパーをご覧ください。</p>]]></content:encoded>
            <author>gloomywasp8@newsletter.paragraph.com (gloomyWasp8)</author>
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            <title><![CDATA[Amber World Interview Series: Episode 2]]></title>
            <link>https://paragraph.com/@gloomywasp8/amber-world-interview-series-episode-2</link>
            <guid>Snj75aXaRboxaqSBb4m6</guid>
            <pubDate>Sun, 17 Apr 2022 07:10:39 GMT</pubDate>
            <description><![CDATA[During the 2008 financial crisis, the central banks of various countries printed money to create liquidity, but this had a side effect of widening the global wealth gap. As a result, many people have become skeptical about our monetary systems that are dominated by these central banks. Enter the creator of Bitcoin, Satoshi Nakamoto, the pseudonym for a person or group of people who wanted to change this situation. He (or they) published a Bitcoin white paper in October 2008 and mined the firs...]]></description>
            <content:encoded><![CDATA[<p>During the 2008 financial crisis, the central banks of various countries printed money to create liquidity, but this had a side effect of widening the global wealth gap. As a result, many people have become skeptical about our monetary systems that are dominated by these central banks. Enter the creator of Bitcoin, Satoshi Nakamoto, the pseudonym for a person or group of people who wanted to change this situation. He (or they) published a Bitcoin white paper in October 2008 and mined the first Bitcoin block, dubbed the “Genesis Block.”</p><p>Since then, Bitcoin, which is based on decentralization, uses a peer-to-peer networking and consensus system, and utilizes the blockchain as its fundamental technology, has etched out its place in history. Subsequently, Bitcoin has become a speculative target of similar commodity attributes due to sharp price changes. It was also severely cracked down upon and restricted by regulators of various countries because of its use for illegal purposes such as money laundering and black market trending.</p><p>Bitcoin price has been fluctuating wildly in the past few months. From the international financial market to the street, Bitcoin has become one of the hottest topics.</p><p>As a leading one-stop integrated brokerage and financial technology company in the field of digital assets, RedBlock’s CEO Jeremy Zhou was once again invited to join a series of interviews produced by the well-known financial program Amber World together with Yang Dahao, the Co-founder of Tuoluo Tech. They discussed whether Bitcoin can represent all digital currencies, the reasons why Bitcoin has fluctuated so wildly, and whether the decentralized encrypted digital currency represented by Bitcoin can become dominant and possibly win out over traditional currencies.</p><p>Below are excerpts from the interview, entitled “Bitcoin: Speculative Bubble or the Future of Currency?”:</p><p>Amber: Although some people might already know about Bitcoin, there are still lots of people who don’t know much about it. I want to ask both of you to define Bitcoin. What is Bitcoin?</p><p>Zhou: When it comes to Bitcoin, the general public often thinks it is a coin or currency, but I think it is an asset. Bitcoin has liquidity, circulation value, and the value of the underlying material, and these are the main standers of asset valuation. Therefore, simply defining Bitcoin as a commodity currency is not comprehensive enough.</p><p>Amber: Many people, including me, heard about Bitcoin more than ten years ago. As people come to understand more, many new terms such as “mining” will appear. So, please talk a little bit about the origin of Bitcoin.</p><p>Yang: We can use the concept of playing a game as a reference to explain and understand Bitcoin. We can imagine a situation. There is an unknown game with a points mechanism, and players can get rewards by playing the game and beating the level. This mechanism is actually like Bitcoin mining. Mining is the process of solving math problems. It’s an algorithm, which can be understood as a game math problem. As the number of participants continues to increase, it gradually becomes a currency or asset.</p><p>Amber: For general investors who want to catch up with the trend of Bitcoin, how should they invest?</p><p>Zhou: Without the ability to verify the value behind this asset and without fully understanding its logic, it would be better for general investors to choose some legit agencies to invest in. Individual investors should choose carefully. I still encourage people to spend time researching the market and the logic of investing. After doing these two things, it will be easier to take the next step. Whether investing in Bitcoin or other cryptocurrencies, general investors should understand and pay attention to review the authenticity and reliability of the company behind the crypto.</p><p>Yang: Looking at it from another angle, Bitcoin belongs to the customer side. However, the operation of the blockchain requires certain technologies. People who don’t know about investment or risk prevention, cannot deal with risks. They will not make rational choices. They will blindly follow the trend and believe that the price of Bitcoin will continue to rise. This is the biggest risk of investment. There are too many uncertainties in the investment of cryptocurrency.</p><p>Amber: As early as more than a decade ago, when Bitcoin first appeared, individual users could mine by themselves. Does it still work on an individual level?</p><p>Yang: The “game” rule of mining is that users who complete the problem first can be rewarded. At present, every computer or even a phone with a configured program can mine, but it may take a long time to obtain a small gain. For example, it may take a hundred years of mining to obtain just 0.1 Bitcoin. To enhance competitiveness, institutional-level miners have emerged.</p><p>Amber: As a digital asset, will Bitcoin face the risk of hacking?</p><p>Yang: The cost of hacking is very high, which means that the cost will be far less than the return.</p><p>Zhou: In terms of Bitcoin, there are many mature custodians now. For instance, Switzerland had already issued 8 digital asset custody licenses as early as December 2018. Licensed institutions can not only custody real cash, gold, etc. but also provide custody services for digital assets such as Bitcoin. One of our business partners, SEBA Bank, has purchased 500 million USD worth of insurance for digital asset custody services.</p><p>Their servers have also been arranged deep in the mountains of Switzerland. In addition, SEBA Bank hired hackers who had attacked the security system of the Pentagon in New York to serve as the architecture engineer of the service to maintain the security layout. Its entire structure has begun to show a trend of specialization and advancement.</p><p>Amber: Countries including China that have not yet fully recognized and guaranteed Bitcoin compliance at the legal level are gradually improving and exploring better ways to apply Bitcoin. They hope to make Bitcoin into a legit financial product. This process will take time. Institutions need to continue to build their trust and improve the protection of laws and regulations. In fact, in a large environment, China’s central bank is still in the process of constantly understanding, exploring, improving and transitioning to recognition. At present, there is a lot of unknown capital flowing in. Will this cause harm or violate the law?</p><p>Zhou: : A long time ago, there was actually such a situation. For example, Bitcoin was used as a medium for Darknet transactions or money laundering. Now the administration within various countries has become stricter. The current legitimization of the entire market is also a reason for the value increase of Bitcoin. When more and more large institutions jump in and the infrastructure of the blockchain continually improves, the intervention of custodians and regulatory agencies has put stronger confidence and trust in the development of Bitcoin. Trust is value. As more people trust it, the value of Bitcoin will continue to rise.</p><p>If people do not trust it, then Bitcoin will be worthless.</p><p>Amber: Talking about the existence of Bitcoin, do you think Bitcoin is safe?</p><p>Zhou: I believe that as the infrastructure continues to improve, Bitcoin will become more and more secure. Compared with real money or other circulating products, Bitcoin will also be more reliable.</p><p>Yang: I agree with Jeremy. I think Bitcoin is much safer than all existing assets.</p><p>Amber: In the second half of last year, the price of Bitcoin fluctuated wildly. What caused the large price change? What is the logic of investing in Bitcoin, or its price change?</p><p>Zhou: I think that the volatility in 2020 might have been caused by “whales” (individuals or institutions holding large amounts of Bitcoin are called whales). For some reason, they liquidated, and it caused the entire market to fall. However, this situation is rare; it may also be due to the intervention of some institutions, such as Tesla. After all, Elon Musk himself is a Key Opinion Leader with a strong market appeal.</p><p>Yang: Bitcoin is still in its “infancy”. Just like a child, its “emotion” will fluctuate significantly. It has something in common with the mood swings of shareholders. They have no judgment on the value of things. Before this year, most of the Bitcoin investors were retail investors, and even institutions that are also entering the market are taking approach. As more institutions enter the market, the price of Bitcoin will gradually stabilize. Compared with the West, the Chinese investment market will be relatively speculative. On the contrary, in the West, they are more inclined to value investing, which means Long-term holding, so its volatility is relatively limited.</p><p>Amber: Nowadays, when it comes to any topic related to Bitcoin, there is one person who is inevitably mentioned: Elon Musk, the founder of Tesla. He used to say, “Compared with cash, Bitcoin is ‘not that stupid’ cash.” How do you take this?</p><p>Yang: The so-called “stupid cash” is like a frog that isn’t moving in warm water, with a lack of market sensitivity and a slow market response. Most of the time, this money lies quietly on a bank card. Generally speaking, the public isn’t that sensitive to inflation. For example, when there is only one dollar on an account, one will not have any sense of inflation. However, Tesla, which holds billions of dollars on hand, will be affected. Therefore, it is necessary to choose a good asset to invest in, which can also describe as a risk hedging method to deal with future inflation.</p><p>Zhou: I think he is comparing Bitcoin with the traditional monetary system. The United States continues to print money, and in fact, the debts of central banks in various countries are also very high. With the high debt situation, how can we believe that the money will not collapse or depreciate one day? I think Musk’s metaphor is a very, very euphemistic way to describe this matter from a higher perspective. Compared with centralized power or the state, decentralized Bitcoin is not controlled by any third party and is solely determined by itself or the market, and it should be more credible.</p><p>Amber: Is Bitcoin’s previous surge caused by a flood of liquidity?</p><p>Zhou: In fact, any financial product has a speculative nature. I think investment and speculation are not two completely independent concepts. On the contrary, I think the investment is strategic speculation. Investors can turn speculation into investment by carefully studying the changing pattern and influencing factors of the investment target.</p><p>Amber: What conditions does Bitcoin need to have before it can develop from a speculative product to a real currency?</p><p>Zhou: Bitcoin needs to be more dispersed and needs more people to hold it, not just a few people to control most of the currency. In other words, Bitcoin needs more liquidity and common use. More usage scenarios, more robust regulatory mechanisms, more platforms, and companies are needed to design different tools with various functions such as trading, development, and management. If more and more people trust and hold Bitcoin, the entirety of Bitcoin holdings will become more dispersed. Because of the larger diversified base, it will develop into a so-called monetary value system. As far as the current development trend is concerned, participating institutions and service providers are constantly improving and growing, and Bitcoin is on the path of systemization.</p><p>Yang: I think that Bitcoin has reached this stage. At present, the whole world is participating in such operations and “games.” A peer-to-peer payment system has been constructed, and this is how Bitcoin works. I think the critical factor is not technology. It’s time.</p><p>Amber: The supporters and opponents of Bitcoin often change. Take celebrities as an example. Bill Gates had a strong opposition to Bitcoin before, but now he’s more on the fence; Elon Musk, who used to be a crazy fan of Bitcoin, suddenly began to emphasize investment risk again.</p><p>Amber: What are the current views on Bitcoin held by major central banks around the world?</p><p>Zhou: Overall, the legislation in the United States and Europe is relatively open. Bitcoin has been recognized as a valuable asset in both regions. For example, in the US, the very well-known Grayscale Fund has become a bridge for traditional capital to buy Bitcoin shares. Investment funds such as Bitcoin ETFs are not very different from traditional funds. The fund will also rise and fall, and it is through the fund company that one can buy shares. The difference is that Bitcoin funds will use Bitcoin as valuable assets in the later stage, while other funds will use company stocks or options as valuable assets. For products that already have the attributes of financial assets, the relevant laws should be applied. In other words, the value of Bitcoin has been protected, supervised by law, and incorporated into the tax system. Now the transactions on platforms such as Coinbase in the United States require payment of handling fees, and revenues are also subject to tax. Therefore, Bitcoin transactions have been included in the regulatory system.</p><p>China has not yet issued the relevant laws, but according to some court cases from local governments, it is regarded as a kind of digital asset.</p><p>Amber: For those countries that have not yet officially or fully recognized Bitcoin, are their investors at risk when making Bitcoin investments?</p><p>Yang: Yes. When the regulatory rules are not clear enough, disputes arising from investment transactions will not be protected by law. In addition, irregularities can also lead to chaos in the industry. Some countries have successively begun to study the value of Bitcoin and its financial attributes. The speed of research is directly related to its supporting regulations and governance levels.</p><p>Amber: Do you think there is a competitive relationship between the central bank’s digital currency and Bitcoin?</p><p>Zhou: I think there is no competitive relationship between the two because their attributes and functions are different. There is a related reciprocal relationship between the two. As mentioned in the previous discussion, when a central bank digital currency and Bitcoin trading pair or options clearing product is availed, the two will correlate but not a competitive relationship.</p><p>Yang: I don’t think the two are in a competitive relationship, but rather, a relationship of mutual assistance. For example, through decentralization, Bitcoin may become the world’s largest settlement currency for the U.S. dollar in a certain combination in the future. This is an impact of initial decentralized thinking, and the impact will bring about new changes.</p><p>Amber: Bitcoin is intended to develop into a mature monetary value system, although it is still in the “infancy” stage, and it has not received enough recognition. What kind of possibilities do you think will emerge in the process of maturity?</p><p>Yang: If Bitcoin wants to grow like gold in the digital currency field, it will inevitably have to stand the test of time, and there are various possibilities in this process.</p><p>Zhou: I believe that digitization is an irreversible trend. Bitcoin, as the basic representative and the earliest cornerstone of digitization, will surely be accepted and recognized by more people in the future. However, how to accept and recognize will vary from country to country and individual to individual.</p><p>Perhaps the beginning of Bitcoin journey is a garnering of everyone’s trust. However, there is still a long way to go before it develops into a mature, trustworthy currency system.</p><p>About Amber World</p><p>“Amber World” is the flagship outlet of Amber Finance, whose full name is Shenzhen Qianhai Amber New Media Technology Co., Ltd. Formally established in November 2020, the team comprises senior professionals from well-known domestic media organizations and financial institutions such as China Business News Group, 330 Media and so on, aiming to create new financial media with international influence.</p><p>At present, the company has two major sub-companies, Amber New Media Shanghai Branch and Shenzhen 330 Culture Media. Its business is divided into four major sectors, including short and medium financial videos, political and economic columns, financial and economic MCN, and integrated marketing of new media. Its IP includes “Change” and “Dr. Crisis” with millions of fans, with total network traffic exceeding 60 million. It also runs video platform, Xigua Video, as well as Ximalaya FM.</p><p>About RedBlock</p><p>RedBlock is a digital investments firm that advises and invests in global blockchain projects. It invests strategic capital across the entire blockchain stack with a special focus on Web 3.0 infrastructure and decentralized finance. RedBlock works with its portfolio companies in new market entries, particularly into APAC, as well as tokenomics design and growth initiatives. RedBlock’s core team comes from a background in venture capital, investment banking and software development and are experienced market participants in the blockchain sector.</p><p>Site|LinkedIn|Facebook|Twitter</p>]]></content:encoded>
            <author>gloomywasp8@newsletter.paragraph.com (gloomyWasp8)</author>
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            <title><![CDATA[Bitcoin rises above $45K as the Fed announces a rate hike in March]]></title>
            <link>https://paragraph.com/@gloomywasp8/bitcoin-rises-above-45k-as-the-fed-announces-a-rate-hike-in-march</link>
            <guid>CzWVexZvFv5s1qJMyR0f</guid>
            <pubDate>Thu, 07 Apr 2022 18:33:47 GMT</pubDate>
            <description><![CDATA[As markets keep traders on their toes, Bitcoin price motion approaches $45,000 once more.Bitcoin (BTC) hit daily lows on March 2 before bouncing sharply as the US Federal Reserve made new comments, adding to macro volatility. Powell says a rate hike in March is “reasonable.”BTC/USD dipped to $43,350 on Bitstamp before the Wall Street open on Wednesday, according to data from several analysts.However, as soon as trade began, the pair began to recover, and it was already back above $45,000 at t...]]></description>
            <content:encoded><![CDATA[<p>As markets keep traders on their toes, Bitcoin price motion approaches $45,000 once more.Bitcoin (BTC) hit daily lows on March 2 before bouncing sharply as the US Federal Reserve made new comments, adding to macro volatility.</p><p>Powell says a rate hike in March is “reasonable.”BTC/USD dipped to $43,350 on Bitstamp before the Wall Street open on Wednesday, according to data from several analysts.However, as soon as trade began, the pair began to recover, and it was already back above $45,000 at the time of writing.The volatility came as a result of Fed Chair Jerome Powell’s latest announcement, in which he offered specific notice of a crucial rate hike coming this month for the first time. “Our monetary policy has been and will continue to respond to the changing economic situation,” he said.“Our net asset purchases have been phased off. We anticipate it will be appropriate to raise the target range for the federal funds rate at our meeting later this month, with inflation well above 2% and a solid job market.” Markets had already factored in the hike, but uncertainties persisted about the magnitude of the increase and how many more could be implemented by 2022. Powell went on to say that the Russia-Ukraine conflict posed “very unpredictable” economic ramifications for the United States.Bitcoin, however, shrugged off any concerns about the announcement, rising to near-local highs near $45,000.BTC/USD was now in something of a “gap” in terms of order books, which might start a run towards $48,000 the next region of sell-side resistance, according to trader and analyst Rekt Capital.<a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://twitter.com/rektcapital/status/1499016227745894405It">https://twitter.com/rektcapital/status/1499016227745894405It</a> was also interesting to see if the 50-day exponential moving average (EMA) could be switched from bearish to bullish.</p><p>LUNA gains indicate a rebound to all-time highs of $100.Altcoins remained solid elsewhere, with Ether (ETH) aiming to reclaim the $3,000 level.Terra (LUNA) was the most valuable cryptocurrency in the top ten by market capitalization, maintaining a winning streak that might see it surpass $100 after being rejected at the start of the year.</p><p>Visit our website:- <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://bitcoinsupports.com/">https://bitcoinsupports.com/</a></p><p>Disclaimer: These are the writer’s opinions and should not be considered investment advice. Readers should do their own research.</p><p>Join Coinmonks Telegram Channel and Youtube Channel learn about crypto trading and investing</p>]]></content:encoded>
            <author>gloomywasp8@newsletter.paragraph.com (gloomyWasp8)</author>
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