Welcome back to the Terra Weekly Report. I had to take a break from doing the weekly updates, but now we are back. The fundamentals of the terra ecosystem never stop impressing. So many big things are coming to Terra. Let’s take a look at the things that occurred this past week!

Thanks for all the community love and support recently! If you enjoy my content, be sure to follow me and share these reports so more people are introduced to Terra!

Quick disclaimer: This Report is for informational purposes only! Nothing here is financial advice. Always make sure to do your own research and be aware that anything you invest in is your choice and is at your own risk. Be aware.

$LUNA is up 12.77% from Jan 30 to Feb 5, sitting at around $56 with a market cap of $22.5 billion

$UST marketcap is also on the rise. It is now at roughly an $11.3 billion marketcap, putting it at #17

Check out the tweet above to see the Prism launch announcement for all necessary details.

Do Kwon announces REDACTED 2/3, which is a Terra Brand Partnership with a large sport franchise. The proposal is requesting 40 million UST to fund the endeavor.

Here is a great Terra update/overview by Coin Bureau

Upcoming one of a kind Tesseract mint which will enable you to transform your existing LunaBulls into 3D counterparts which can be taken into the metaverse!

medium.com

PRISM Forge launched on February 1st. To participate, visit their site and check out their article For all useful info.

The third REDACTED is announced, allowing Anchor to reach the masses.

Stader Labs is building on Stake+ by onboarding more validators

Mars announces that its Lockdrop is targeted for Feb 21st. Follow Mars on Twitter So you don’t miss the official announcement

Kujira has announced that aUST bidding on liquidations is officially LIVE! This is massive news. This allows you to earn interest on your UST while your bids are waiting to be filled.

Here is a tweet from Jason Wang where we can see the Kado ramp beta that is coming soon. Getting money into and out of crypto! Make sure to go follow Kado so you don’t miss out on their upcoming announcements!

$UST being listed on FTX exchange! Bringing UST to the masses…

Binance listing anchor token!

Stader Labs announces CoinList partnership

Kash announces its partnership with Mastercard for its upcoming payments application.

Thank you all for reading. This week was filled with a lot of new things for Terra. Share the link everywhere so we can get more people informed about this ecosystem. We need MORE people to be introduced to this rapidly growing ecosystem.

made by: Fynn

It would be much appreciated if you all could check out my Twitter because I will be posting articles solely dedicated to different projects joining Terra.

My Twitter Link

For our first episode covering the first week of January 2022, we focus our light on Defi Kingdoms (JEWEL) which has been among the top-performing metaverse coins of the week. Pick a cup of coffee and let’s delve into this coin and maybe at the end you might just decide to add it to your bag.

Website: defikingdoms.com

Contract: 0x72cb10c6bfa5624dd07ef608027e366bd690048f

Market Cap: $1,370,351,410JEWEL

Price: $21.84

Market Cap Rank: #99

Circulating Supply: 62,946,866

Total Supply: 320,805,845

Max Supply: 500,000,000

DeFi Kingdoms is a blockchain game on the Harmony ONE network that combines the aspects of decentralized finance (DeFi) and play-to-earn. DeFi Kingdoms appears to be a decentralized exchange platform similar to Uniswap and Pancakeswap on the surface. Users can, however, engage with it by employing game-like mechanics like summoning heroes and owning items, land, and buildings to increase yields.

JEWEL is the currency of DeFi Kingdoms, and it can be used to buy NFTs such things, heroes, and kingdoms. Holders can also invest in a liquidity mining pool to receive a return on their investment. Finally, JEWEL can be used to vote on governance proposals for the project’s future and expansion.

The game is still in its early stages, and more features such as player vs. player, player vs. environment, and resource collection are on the way.

In the last 7 days before writing this article, JEWEL has performed very well and did over 63% and giving good returns to investors as data gotten from Coingecko shows.

Further Reading: Top 6 Rare Metaverse Coins Under $0.6

As stated earlier, Defi Kingdoms has its own decentralized exchange just like Uniswap, called Defi Kingdoms. Therefore, the purchase of JEWEL is mainly done on the platform. The exchange has 24 coins and 110 trading and a good trading volume.

With the current surge of people into play to earn games, Defi kingdoms will surely see more people trooping, and therefore the value of JEWEL is sure to rise. Apart from the weekly performance which is the focus of this article and series, you can also check the whitepaper of Defi Kingdoms to know more about the project so you can decide if to bag it long term or just for short term profits.

Source

The term P2E (short for play-to-earn or Play2Earn) refers to a concept in gaming where a video game gives its players a chance to earn and own most, if not all, forms of in-game assets that can translate into a valuable resource in the real world.

So basically, players have a chance to gain revenues just by simply playing video games. Participating in the in-game ecosystem generates assets and, in turn, creates value for other players and the developer. Such assets are often tokenized on the blockchain, making the play-to-earn business model suitable for implementation in blockchain games.

A challenger awaits

However, one common problem associated with P2E games is that players must do a lot of grinding for rewards such as decent items or good ranking. This means they will have to spend a fair amount of time engaging directly with the game, which can feel quite like a repetitive chore over time, making the game itself less fun. Codyfight, however, offers an alternative approach.

Codyfight revolutionizes P2E gaming by eliminating the need for grinding. Instead, we give our players the option to write code and automate smart AI robots to play the game automatically.

A chance to go even further beyond

If your code performs exceptionally well, your AI bots should already be raking in a lot of tokens! But sometimes, the rewards might still not be quite gratifying enough. In that case, Codyfight offers a way to scale up such rewards even MORE.

Players can multiply the number of robots they own by acquiring a subscription for several CKeys. If you have forgotten or don’t know what a CKey is, it basically serves as an activator for a robot — 1 CKey + 1 NFT Skin = 1 Robot (for a more detailed refresher on CKey and its role, visit our guide here). With various robots in possession, you can build robot farms and order them to fight in the arena simultaneously for even more rewards.

A convenient way to manage your robot script

Of course, the veterans among us could opt for writing a separate script for every single robot, but this is not explicitly required to run your robot farm.

You can completely manage all of your robots under a single piece of code — a perfectly viable strategy to conveniently and efficiently farm for rewards.

To sum it up:

All stoked up and ready to put your auto-farming code to the test? Connect with us to get the latest info and updates:

Telegram (Announcement) | Telegram (Community) | Twitter | Website | Github | Discord | Facebook

Baskets represent the selection of cryptocurrencies based on a particular theme (such as large caps, DeFi, metaverse, memecoins etc.). Baskets are a convenient way for investors to buy a mix of cryptocurrencies using INR at the click of a button instead of buying them one at a time. Baskets are curated by experts with each cryptocurrency within them having a pre-allocated share such that they represent an optimal reflection of the theme. All basket buys are zero-fee trades giving our users a definitive advantage in terms of convenience as well as fees.

Systematic Investment Plans (SIP) are the ideal way to navigate a volatile crypto market. SIP enables periodic and automatic buys of the investor’s favorite cryptocurrencies to give the best cost averaging over time. Investors can choose to buy a cryptocurrency such as Bitcoin on an hourly, daily, weekly or monthly basis using INR as per his/her convenience. Once a SIP is enabled, investors only have to top-up their INR balance regularly for the automatic process to continue without disruption. SIP buys also have the advantage of being zero-fee.

All basket and SIP buys will be added to the balance of each cryptocurrency in the dashboard. A new and sleek website interface has been released along with the above offerings.

Baskets and SIP products will be available in the Giottus iPhone and Android apps soon.

For any queries, kindly reach out to support@giottus.com.

Also, request all users to share their feedback of new products and interface with marketing@giottus.com.

24HR High $0.1841 and Low $0.1673 and the current price sitting at $0.1712 at 20:07 Sydney Time

The team is still working their Magic and We Will Win !!!!