Event Duration: 3 February 2022, 08:00 UTC — 17 February 2022, 08:00 UTC

Prize Pool: 100,000,000,000,000,000 SHINJA

Event eligibility requirement: A minimum of 100 PROB must be staked in order to be eligible for this event and staked PROB can’t be decreased during the competition duration.

Stake PROB: https://www.probit.com/en-us/stake/PROB

Staking guide: https://support.probit.com/hc/en-us/articles/360039717011-How-to-Stake-PROB

⯈ Trade SHINJA, Earn SHINJA

A trading competition will be held for SHINJA/USDT trading pairs. A total of 100,000,000,000,000,000 SHINJA will be distributed to the Top 20 volume traders in this order.

1st place: 6,200,000,000,000,000 SHINJA

2nd place: 6,075,000,000,000,000 SHINJA

3rd place: 5,950,000,000,000,000 SHINJA

4th place: 5,825,000,000,000,000 SHINJA

5th place: 5,700,000,000,000,000 SHINJA

6th place: 5,575,000,000,000,000 SHINJA

7th place: 5,450,000,000,000,000 SHINJA

8th place: 5,325,000,000,000,000 SHINJA

9th place: 5,200,000,000,000,000 SHINJA

10th place: 5,075,000,000,000,000 SHINJA

11th place: 4,950,000,000,000,000 SHINJA

12th place: 4,825,000,000,000,000 SHINJA

13th place: 4,700,000,000,000,000 SHINJA

14th place: 4,575,000,000,000,000 SHINJA

15th place: 4,450,000,000,000,000 SHINJA

16th place: 4,325,000,000,000,000 SHINJA

17th place: 4,200,000,000,000,000 SHINJA

18th place: 4,075,000,000,000,000 SHINJA

19th place: 3,950,000,000,000,000 SHINJA

20th place: 3,575,000,000,000,000 SHINJA

*Earn lower trading fees by staking PROB

Staking PROB will unlock lower trading fees based on your membership level which is determined by how much you stake. Higher PROB staking amounts receive the lowest trading fees so stake your PROB to start enjoying the benefits.

For more on trading fees, please refer here: https://www.probit.com/en-us/trading-fee

Stake PROB! https://support.probit.com/hc/en-us/articles/360039717011-How-to-Stake-PROB

⯈Terms:

“Crypto-currencies are at the very end of the risk curve,” said Alex Krüger, founder of U.S. asset management firm Aike Capital, on the 10th (local time). The money will go into a safe asset,” he analyzed.

According to Cointelegraph, the market expects the U.S. CPI to rise 7.1% year-over-year in December and 0.4% month-over-month. As a result, the Fed’s normalization of monetary policy is expected to accelerate.

The Fed, once described as temporarily raising inflation, began discussing three rate hikes and a shrinking balance sheet when inflation hit 6.8%, its highest level in nearly 40 years.

In fact, it has already been shown that the trading volume of major crypto-currency exchanges is declining.

Brett Harrison, CEO of FTX.US, said in an interview with Bloomberg, “It appears that overall trading volume is declining and trading activity is slowing. After a sharp increase in the amount of selling in the panic of a sharp drop in prices, investors are scared off by the volatility as the market begins to dodge, selling volume is declining for a considerable period of time. We need more confidence from retail investors for volume to return.

Coinbase also recorded a significant drop in bitcoin cash trading volume over the past week. According to media analysis, Coinbase’s share price, where transaction fees account for the majority of sales, is down due to this influence.

In response, Oppenheimer & Co analyst Owen Lau said, “Falling prices weaken investor sentiment and lead to lower trading volume. As a result, it is possible that the price will remain at a standstill for some time after a winter. has passed.”

BTC Over the past 24 hours, strong demand has built up in the 38k area. It may not be real or the whales may be getting ready to move to that level… We need to be vigilant about breaking the 40k level…

He added: “The buy wall may be ‘maybe not real’ but it may also reflect the movements of the whales.

More articles on : https://paulecom.medium.com/

You are worried about soaring public debt, inflation and what will eventually happen when rates start to rise.

It doesn’t matter what drives you, missionary work or self-interest.

In any case, it is clear that one of the main unifying forces is the belief that decentralized technologies with built-in financial incentives (not a bad shorthand for Web3) offer a cool, often lucrative alternative to existing legacy institutions.

In the “real” world, things get worse first before they get better.

The inflation rate will remain above 5% throughout 2022 (70% probability),and an increase in interest rates will slow down the dynamics of the stock market and damage rising stocks

In the short term, this is good for crypto, but in the medium term, it is more risky, because more and more crypto companies and their users will be subject to censorship, which will intensify on the part of Western technology and banking platforms amid the suppression of cryptocurrencies by the Biden administration.

DeFi is offering investors 5% versus 0.5% on Wall Street.Non-fungible tokens (“NFTs”) give creators monetization opportunities without 50% + Hollywood fees.

I am 99% sure that cryptocurrency will grow by orders of magnitude by 2030 because the user economy is much more attractive.

We are on the verge of a complete transformation of the global economy.And it could be more than the creation of mobile devices, and perhaps more than the Internet itself.

It is not yet fully understood where we are in the cycle right now, but tailwinds remain strong and capital markets vibrant.

Thus, our probabilities are distributed between three scenarios:

1. Most likely, we will see an impulse to the highs until the end of the first quarter of 2022, and then not deep, but not all the same painful long-term bear market.

2. A huge $ 20 trillion bubble that will last an entire year and equate to the real dollar dot-com boom.

3. Unlikely, but possible, given the world’s adaptive monetary policy, endless government spending, and the accelerated development of cryptocurrencies.

4. Slowly but surely we move upward to infinity (the idea of ​​a “supercycle”).

5. Ironically, the most bearish case here (the first option) may turn out to be the most bullish in the long run, and vice versa.

6. “Hyperbitcoinization” and the dominance of cryptocurrencies at this stage of our development are possible only in very specific conditions.

7. Crypto and the Web 3.0 based on it are becoming an irresistible force in the long run.

8. Chris Dixon called it all “a token-driven internet owned by developers and users.”

9. The evolution of Web1 -> Web2 -> Web3 can be described as follows: “Read-only” -> Read and Write -> Read, Write, Own.

10. Obviously, an economy where the property belongs to the user will in the long run bypass the economy owned by the monopolies.

11. The main message of reality today is this: we are moving away from the Internet, built on the “leased land” of monopolists, to the endless boundaries of new opportunities.

12. By and large, the crypt represents the obvious evolution of all monopolies, and it is its inevitable arrival that scares the officials.

13. There is already a lot to complete the infrastructure transfiguration:

14. • Talents: A record number of brilliant, passionate, ambitious young developers create solution discovery in the crypto ecosystem, often at night and on weekends.• Capital: A huge amount of money raised by venture capital funds and a huge amount of funds raised for crypto startups, as well as a staggering increase in the number of new liquid protocols all over Web3.• Timeliness: the necessary infrastructure was created during the last bear market, making it easier (socially and practically) for the development of this techno-political movement.

15. In a recent post by Eric Peters from One River Capital says:“We live in a period of social upheaval, when young people seek to invest in technologies that disrupt (and potentially ruin) the institutions preferred by older generations, while leveraging investments that benefit them at the expense of the old guard.”

16. And this is clearly manifested in those cases when young people consider familiar institutions to be exploiters.

17. Web 3.0 is a digital space containing:

18. Growth is expected across the entire spectrum of Web3, but 3 areas require special development and strengthening of positions:- NFT infrastructure- DAO Toolkit- Bridges between protocols

19. An explosion of innovation is now starting in the NFT space. It is not clear how much prices for specific collections can rise, but objectively reliable and convenient tools for NFT are still lacking.

20. Marketplaces, financial primitives, authoring tools, community business models, and decentralized personal data / reputation management systems are all in their infancy. It is this basic infrastructure that will become one of the most in-demand areas in terms of investment in 2022.

21. This is all true for the DAO tools that crypto communities need right now when voting apathy reaches critical levels and investments take too long.If you also believe that open, token-driven markets will replace companies in the next 10 years.

22. And acknowledge that their communities need 100x improvements to their collaboration tools to be more efficient than their centralized competitors; and you know that now every DAO treasury transaction is essentially a board vote — then you understand why 2022 will be the year of DAO tools.

23. And last but not least, the backbone of the cryptosystem: solutions for Ethereum scaling and interoperability. The Ethereum blockchain has reached its limit this year.

24. Level 1 alternative crypto platforms have grown in price 50–100 times, because investors have relied on the development of crypto solutions in order to be used in parallel in new ecosystems and to meet excess demand.

25. All of these new blockchains (and tier 2 rollups) will have to communicate with each other, so the biggest pain in a crypt could be the lack of bridges.

26. If we have a future with multiple blockchains, then those who can create the best way of multi-blockchain connection and help to comfortably move assets between parachains, zones, roll-ups will conquer the (virtual) world.

27. Keep for updates.

28. medium.com

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First of all, there are more than ten thousand different crypto assets out there right now, and the number of cryptocurrencies known to the average person is no more than a few, in the other hand, an active crypto investor can be familiar with several dozen names of cryptocurrencies. What about the rest of the people?

Let’s start with low-capitalized tokens. These are the coins with markets operated under $1 billion and have one major advantage, as well as an equally major disadvantage. This advantage, of course, is the expectation of growth. To visualize, the largest cryptocurrencies such as BTC or ETH can be expected to grow by 3 or 5, up to 10 times per year, while the mentioned altcoins can be expected to grow by x100 or more per year. The trick here is the ability to choose, and after you manage to invest in the right asset on time, the value you have invested can be multiplied many times over.

The disadvantage is the risks that may occur. For example, cryptocurrencies such as BTC or BNB are relatively reliable (as much as the maximum rate at which a cryptocurrency can provide trust). But with small altcoins, things go quite differently. These altcoins can collapse forever at any time, and investors may lose the investments they have made. This is why they are called frauds.

• Are they assets highly vulnerable to pumps and discharges?

• Check the 3mo recent history and see if there are sudden rises and falls. If there are lots of movements, it may tell the coin is probably controlled by bots, which are basically automated buy/sell market operations, and it’s very difficult to foresee what will happen with them.

• Can a significant part of an asset be stored in more than one wallet?

• So to say, redistribution, the more users the better, which also has implications regarding the coin’s lifetime.

• Does it have low liquidity?

• If yes, this means it’s a risk because a non-volatile coin only serves a few investors and can bring you nothing in the future. Liquidity is the rate at which any economic asset can be converted into money at any time without causing any damage or loss.

• Cryptocurrency markets can be considered pretty unstable. Although some people make a lot of money, some also lose a lot. Never invest an amount you can’t afford to lose, and never invest in a sense of revenge, this often causes loss of money.

• Well, a safe investment can also be a good investment, but it is not always that a good investment is also a safe investment.

• You have to take risks for a good investment, but there are ways where you can pull that risk to a minimum possible.

• You have eliminated some candidates with the questions above. Now you will be sort of a spectator. Start following the development news of the particular coin. Find them, and pay attention to the team, their social media (if it exists). If a project does not have a team, or the developers claim at the launch that they want to remain anonymous after the team is presented, discard immediately. Why? If a project wants money invested in its project but hides its team, it may have something else to hide. For example, it could be a scam coin with a stolen white paper, a copied and changed description. Such a coin can only be issued for the sake of a one-time sale of all coins, and after that, such projects are immediately abandoned.

• Or the team can be open, but its “no-name” members are ordinary unknown people. The lack of recognizable faces in the team can also have a bad effect on PR, therefore the project is probably doomed.

• Find the leaders. Litecoin had a leader, Luxcoin has a leader, the Ethereum has a leader who put his name on everything about the project and promised to be there with continuous developments. These are good signs.

• Although, even having an open leader and team, some coins are hideously built for short prices spikes, mostly thanks to the hype, and then develop a steadily falling graph. You should avoid these as well.

• After eliminating the obviously risky choices, you should be seeking that the project is not abandoned, that it’s still in development. In fact, GitHub is the only place where you can check if the project is being worked on, whether it is abandoned or not. The more recent the activities there, the more active and attended the coin is. ETH has an update almost every minute.

• At last, after all this research, you should come up with 5 to 10 coins to invest in. Your budget will be 100% and you will distribute this from the safest to the riskiest in percentages. In this way, you will have the minimum risk possible, have made a safe and stable investment, and if you lose on one, which you will certainly will, you can keep maintaining your investment in the others.

• If you’re still not sure about the distribution, and you are afraid to invest in little-known projects, then you can just give something like 30% to Bitcoin, but only when the hype is lower. Bitcoin is the monolith of coins and always has reliability. Big banks are on it, but it would make a small, most likely 4x maximum. The main idea is to have a big one as some kind of a backup mechanic, a safety belt, and you will manage others without the fear of broad loss.

• Crypto Fundamentals was made to help novice crypto investors start off on the right foot. For more tips on how to begin your exciting journey, keep up with the Crypto Fundamentals series on our blog, as well as with the other insightful articles posted on a daily basis. Last but not least, register on IXFI for the safest and most seamless trading experience. Your Friendly Crypto Exchange has your back.

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In terms of the development of the technology, WaykiChain provides a bottom public chain layer for developers to create DApps based on digital assets. With its high-speed cross-chain transactions and powerful smart contracts, it can provide a much more efficient and cost-effective platform for applications based on digital assets.

WaykiChain has created the cross-chain high-speed and low-cost transaction mechanism to solve technical issues such as the low throughput of existing DAG public chains, inability to meet the demand for high-frequency global transactions and the high cost of transaction fees, as well as blockchain security problems.

WaykiChain, a combination of blockchain and AI technology. We are dedicated to provide intelligent and convenient Blockchain solutions for human life. The WaykiChain bottom public-chain is used to support the development of underlying public chain or DApps, which has the function of cross-chain transactions, high-throughput transactions and low-cost transactions.

WaykiChain strives to provide a complete financial solution for individuals and businesses, including currency transfer as well as trading and lending services. Our bottom public chain aims to fulfill the promise of cross-chain, asset-to-asset transactions, and high TPS by implementing PoW+DPoS consensus mechanism.

The added features of WaykiChain, such as Wallet for Fiat Currency Exchange, Lending Wallet and Physical Settlement Asset Exchange will further enrich the ecosystem.

WaykiChain is a public chain that focuses on the entertainment industry. With WaykiChain’s cross-chain architecture and supernode clusters, it can provide the best cross-chain transaction mechanism, achieve high speed processing of transactions, and create an open, transparent and fair entertainment ecosystem for global users.

WaykiChain’s design uses DPoS consensus model and multiple supernodes to allow for high TPS (Transactions per second) with low operating costs so that each DAPP in WaykiChain has the ability to develop quickly with minimal friction from infrastructure limitations. WaykiChain advocates that the currency should become “people’s daily consumption means”

WaykiChain is a bottom public chain that holds true to WaykiChain (WICC) WICC is also the core WaykiChain.

WaykiChain has been created to build a decentralized blockchain platform with high throughput and low transaction costs.

WaykiChain — a decentralized application based on a cross-chain, cross-organization protocol to build an open ecosystem. WaykiChain is committed to building a global and inclusive infrastructure for blockchain communities. WaykiChain’s mission is to connect the future blockchain world and drive blockchain mass adoption.

WaykiChain’s bottom public chain has optimized the lower layers to support the real-time payment, high-throughput ability, and DApp operation. Cross-chain transaction mechanisms are optimized to enhance the cross-chain trading experience and shorten the beta testing period of blockchain companies.

The bottom layer also supports the reliable operation of infrastructures such as exchanges.

WaykiChain (hereinafter referred to as Wayki) is the first-generation public chain that has found a solution to the scalability of blockchain through distributed shared memory. In order to achieve efficient and low-cost circulation, WaykiChain is committed to creating a global ecosystem and supporting cross-chain transactions based on its bottom public chain while solving issues of blockchain privacy protection and Blockchain-as-a-Service (BaaS).

You can use social media for information:

WEBSITE: https://www.waykichain.com/

WAYKITIME: http://wicc.me/officialweb01

WHITEPAPER: https://www.waykichain.com/Whitepaper-en.pdf

TELEGRAM: https://t.me/WICCWorldCupOfficial

TWITTER: https://twitter.com/wayki_chain

FACEBOOK: https://www.facebook.com/waykichainofficial

DISCORD: https://discord.com/invite/GWhzn8t

GITHUB: https://github.com/WaykiChain/WaykiChain

YOUTUBE: https://www.youtube.com/channel/UCjudZhgPcAX74LVxi23kKvg

Bitcointalk username : Alessandro Martinez

Bitcointalk profile url : https://bitcointalk.org/index.php?action=profile;u=3397979

Wcc wallet : Wkjwiu2jshmUifmHfTpbL1Pbjbb3STecF4