Today 1 doge coin = 50inr around 0.65 dollar.

So Guys be ready to mine doge coins and it’s super easy.

First of all, if you are a beginner and you don’t know what is dogecoin and what is cryptocurrency and mining, then I tell you in a super simple way.

When you want to send a payment to someone.

For example, if you buy something online, and you want to bill through your credit card, the payment will go through a third-party service like the government, the bank accounts, and so on.

Now what happens is that in 2008 Satoshi Nakamoto invented something called the blockchain. This blockchain allows you to do peer-to-peer transactions and peer-to-peer connections, so without any third parties, you can send money directly from one person to another person. But this money is not in dollars or euros because dollars, euros are managed by the government, banks and countries, etc. so you need something, you need a currency that works on a blockchain, Here it comes a cryptocurrency.

The cryptocurrency is simply the currency that works on the blockchain network, where you can send money directly without the use of any third parties.

Mining: we put gold, we put power electricity or resources so we can get and earn more cryptos.

How this happens is simply a process called mining.

Mining is simply solving the crypto hash.

Now how to earn a cryptocurrency. Or mine crypto.

When we are mine, we put resources like CPU, GPU, electricity, and we are solving some hashing equations, so we can earn and get rewarded with cryptocurrencies.

So in a simple way, We Mine = we earn cryptocurrencies.

We have bitcoins, Etheriums, doge coins, and a lot of coins for mining.

But here I will show you how to mine dogecoin.

So without wasting time we start mining.

Step 1 :

open your browser and go to this website:

unmineable.com

The second thing we are going to do is simply go to the Download section

and then go down and you can see these two buttons, don’t press on them.

Right-click and left button and then press on Save link as and then save this link where you want to save and download the application for the miner.

After you download the miner, just open the application.

Special note: All the miners are protected with antiviruses so you have to turn off your antivirus to run the application. No problem it’s totally safe.

After opening the application, the miner asks you for GPU and CPU.

If you have GPU then select GPU.

I have a CPU so I will go with the CPU.

Then click on next.

And now enter the token, select your coin which you wanna mine.

In my case, I would select the dogecoin.

And the second thing, you have to enter your address.

What is the Address, simply like your wallet, Where you will get your coins/money?

So now how to get your address, you need to create a dogecoin wallet.

Step 2:

Install and create a dogecoin wallet.

Agin go to your browser and open a new tab,

And enter this link: https://dogecoin.com

Open this website then go to the get started now section.

Then click on the wallet section.

And choose the wallet.

See there are two types of wallets.

Don’t confuse, click choose dogecoin core(select your version of the window)

Download it and install it.

After installing the application open it.

Go to the file — much-receiving addresses.

Here you see, this is your address. Copy this address.

And go again to the Miner application.

And paste this address to the address section.

Then press on start.

And the miner will start the mining doge coins.

You can see it I got 0.06345476 from yesterday’s experiment.

There are many people who are thinking about how to sell these collected coins.

So there are two websites for selling coins directly.

First website: https://anycoindirect.eu

And the second website is: https://www.kraken.com

Here also you have to create an account and verify the account and then start selling your coins.

So guys try it on your pc and earn a couple of coins per day or per week.

I hope this article is helpful for you.

Thank you

good luck.

My Dear Readers,

I was expecting lots of things today, it’s Town Hall Friday after all, BUT the Star Atlas team decided to come in hot with a HUGE Alpha drop, which changed our perspectives about the ship crafting industry.

I have been itching to make an article about Crafting, so hopefully today we can ease that pain a bit by discussing How the different manufactures in Star Atlas will influence the acquisition of Blue Prints by the Ship Crafters.

As I told you guys I wasn’t going to publish anything today in wait for new information that would be discussed in the Town Hall, but if the Star Atlas team is working hard this penguin needs to get to his work as well!

Should you have already read the update you might want to go directly to the second part of the article where I share my insights about this new information.

Remember that nothing here is financial advice.

I hope you enjoy today’s article!

Star Atlas official Twitter page announced an update on the road map called Faction Aligned Companies (Public), with the following overview:

From there, the update starts telling us about each Manufacturer’s alliances and characteristics.

He starts by talking about how each of the main factions owns one main Manufacturer:

a) The MUD owns PEARCE

b) The ONI owns BUSAN

c) The Ustur owns VZUS

Then, the article starts explaining how the manufacturers will engage with players.

There will be a loyalty system, in which the players will be able to acquire reputation, through quests and missions, with the different manufacturers to acquire the blueprints of the said manufacturer ships.

Three important notes on this.

First, owning and trading proprietary ships across factions is unrestricted, but is still subject to transport and transaction fees.

Second, even if you are not aligned with the corresponding manufacturer faction, you will be able to acquire reputation if you have a faction pass for the said faction.

Third, the resources used in the proprietary blueprints are in higher abundance within the aligned faction region.

After explaining the three main manufacturers, the article proceeds into analyzing the duo faction manufacturers.

This category of manufacturers will have one major alignment and one minor alignment, if you belong to the faction with the major alignment you will be able to acquire reputation faster than if you are a member of the minor alignment faction.

Should you belong to the third faction with no alignment you will need a faction pass to acquire reputation. Find the list of alignments below:

a) USTUR: Major is Opal industries and Minor is Ogrika.

b)ONI: Major is Ogrika and Minor is Calico

c)MUD: Major is Calico and Minor is Opal

Finally, we have the four Independent manufacturers, which will be based in the medium and high-risk zones. It should be noted that any alignment with those minor independent manufacturers won’t influence their reputation with the faction’s manufacturers.

Let’s check what we know so far about the minor independent manufacturers:

The first one Jorvik (BYOS) which is described as a faction of outlaws and pirates plaguing the medium and high-risk zones.

Farming reputation with BYOS will require medium and high-risk zones gameplay (and the accruing of reputation will be higher in the higher-risk zones), and the resources used to their crafts will be spread across all regions.

There is also an interesting side note on this faction, check it out:

The second is ECOS industries, described as a faction of radicals who terraform via bombings in the medium and high-risk zones (lol). ECOS industries follow the same rules as Jorvik (BYOS) regarding acquiring reputation and resources for their crafts, except for the side note I dropped above.

The third is the TUFA, I’m not exactly sure they are an industry per se since they are described as a faction of metagenic creatures, the scourge of cataclysm (doesn’t sound too good, I don’t know tho).

Tufa also follows the same rules as those two above, with the exception that some of their resources are quite exotic and locked in the high-risk zone.

Finally, we have the Photoli, described as an ancient race of light-based creatures and source of extremely advanced technology. They have some different characteristics, check what the devs said!

Interesting! I think that the Photoli are up to no good (lore wise I mean!) We can discuss my reasons later sometime haha but, for now, that’s the data we have about this new update!

Did your brain start shaking with the possibilities and complexity that this adds to our future game? Yeah me too! that’s why it’s time to start analyzing what’s the impact of those revelations!

2. My two cents about the manufacturer’s update effects in our Metaverse

3. The update just dropped today, so we might have a few clarifications during the next few days. Nevertheless, I would like to share some of my deductions and insights about what we currently have.

4. Remember, at this point, it’s all speculation.

5. a) Gaining reputation with one faction will likely imply losing reputation with another.

6. My first impression is that the reputation quests that you make in favor of one of the manufacturers will, most likely, reduce your reputation with the other manufacturer.

7. Those quests will probably entail sabotage, resource stealing, attack on factories our data stealing, so yeah, the attacked industry will not like being harassed by the players and will deduct reputation from them.

8. b) Crafting will be a very specialized job and we will probably be specialized in one or max two different manufacturers

9. This is a conclusion from the first premise above, it will be very hard, if not impossible, to achieve a good enough reputation rank in two manufacturers to craft their ships.

10. The skill specialization system may make us go even deeper in our specialization, and each player may only be specialized in one kind of ship from one manufacturer, it all depends on how the progress mechanics will work.

11. Also, remember that it will not be easy to acquire an abundant type of resource from manufacturers outside of your faction influence region, so that’s another point to consider if you go into the crafting path.

12. c) Ship arbitrage will be a heavy game in Star Atlas

13. The division of manufacturers in zones of influence, especially since some of them will be in the medium and high-risk zones will create natural scarcity of certain ships into each faction zone.

14. Apart from the GAO Ships, it will be an ordeal for an Ustur to get Pearce ships, they will depend on the freighter’s capability of supplying them and, as we have seen in our logistic studies, the transport industry is subject to all kinds of supply disruptions.

15. This is very interesting because every big guild will look into diversifying their fleets; since every ship excels at some aspect, there will be plenty of arbitrage opportunities.

16. d) GAO Ships became even more important

17. This update makes the GAO ships even more important for the players; since as I stated above, it’s the only simple way to acquire a ship from a different faction.

18. Players might even want to buy ships from manufacturers not available to their factions and hold them until the game start to sell for profit for their factions colleagues.

19. e) The effect of this announcement in the Multi Faction Daos

20. One could argue that the big winners of this update are the Multi Faction Daos.

21. Theoretically, They will be able to develop giant supply chains to coordinate their factory’s efforts to make the market on the global demand of ships.

22. Let us say the premium for OPAL ships are high, they will stop producing ships from other manufacturers, which will lower those ship’s offers pn the market, and redirect their native resources to the opal factories to profit.

23. The thing is, MFD (Multi Faction Daos) are not monolithic organizations, far from it!

24. I’m pretty sure that one of the branches of the organization might not be happy to sell their raw supplies for a cheap price for another branch to profit.

25. I foresee that MFD will need HUGE HR INFRASTRUCTURE and experienced leadership in all tiers of governance for those organization’s viability in this ever-growing complexity.

26. It will not be easy to accommodate the conflict of interest between different factions branch members when the game was set up for faction conflict and war.

27. I advise against building a MFD if you don’t have the experience and resources to make it work.

28. F) Crafting ships will probably require a group effort from your guild

29. Remember that crafting is not like fighting, you don’t buy a crafting ship and level it up just playing, you will need to expend money and efforts into acquiring blueprints, raw materials, and the structural costs of developing your craft.

30. Also, probably you will not make money until you have a good level of crafting, since the level-up system will make your crafting more resource-efficient.

31. So a good solution is discussing with your friends how crafting is going to work in your guild, especially after we have more information, and try to focus your efforts and resources into one or two person craft, so they can pay back the guild investment on their professional development costs.

32. Closing notes

33. I liked this announcement! Hopefully, they will also announce the confirmed date of Polis Staking and we will have much content to analyze in the following weeks!

34. I thank you all for keeping up with my work as usual! I have been very happy to read your messages here on medium, Twitter, and discord! Feel free to send me suggestions, critiques, or messages in general!

35. Let us meet today at the town hall later!

36. See you all my noots! Drink Water!

37. 
    

LooksRare is an NFT marketplace where buyers and sellers can trade NFT on the platform. For every transaction, the platform would charge 2% platform fee in WETH (vs Opensea charges 2.5% + charge on private sale). As a decentralised marketplace, the platform fee earned would be redistributed to people who staked LOOKS (vs Opensea who takes all the profit)

Features that differentiate themselves from Opensea:

With the massive airdrop, I was curious how the Tokenomics work and why each stakeholder would have the interest to participate in the ecosystem. More importantly, how are they able to support such high staking rewards.

The above shows the token allocation between the team, the investors, the protocol and the community. Focusing on the community token:

Airdrop: 12% of the token is used in Airdrop.

Here’s show the stats for the Airdrop. At the time of writing, >70% of addresses have claimed the reward, which means the price has been rather stabilised if we factor in those who would immediately sell after claiming the rewards.

Staking rewards: 18.9% (189m) of the tokens are distributed as staking rewards.

In the short run, on top of the trading fee that you could earn when you stake LOOKs, you could also earn an extra staking rewards distribution from the project. This serves as the extra incentive for people to stake LOOKS at the early stage of the project. This is also why we could see a staking reward goes up to 1000%. In fact, roughly half of the staking reward comes from the staking rewards (LOOKS), while another half comes from the trading fees (WETH). The rewards are shared proportionally among the stakers, and hence as user number increases the APY return gradually decreases.

Note that the staking rewards are distributed based on the below schedule. As there is a finite 189m token to be distributed as staking rewards, the extra staking rewards distribution would be finished after 721 days.

Trading rewards: 44.1% (441m) of the tokens are distributed as trading rewards.

Similarly, there are extra trading rewards to those early adopters and trade NFTs via LooksRare. The distribution follows the below schedule and runs out in 721 days.

From the above, we can see that in the short run, users are encouraged to use the platform as there are extra trading rewards for users who have transacted on the platform. People who believe in the platform would also buy and stake LOOKS so they can share the transaction fee from the platform.

With the additional trading rewards offered at launch, there are opportunities to capture the rewards through wash trade. In this context, it means the same person trade the NFTs via his own different wallets to capture the trading rewards. Looking at the users number and total volume of LooksRare and Opensea, it is highly likely that there is wash trade activity on the LooksRare platform. Although LooksRare has a much less users, their total volume is nearly triple what Opensea has.

In the long run, the extra trading rewards or staking rewards would be gone. If the plans work out, the airdrop and these extra rewards should merely be incentives to attract people to use the platform in the first place. In the traditional business model, these are just customer acquisitions strategies. The key is whether the platform/product provides value and retain the customers.

If the platform manages to retain users, in the long run, as more and more people use the platform, people would want to buy and stake LOOKS on the platform as they could share the trading fee from the platform. Although it means the APY could go down as more people are sharing the same pool of profits, it could be offset by the increases in total transaction fee earned by the platform as the transaction volume goes up. Hence, the APY would eventually reach an equilibrium point driven by market force, and the LOOKS price would be affected by market demand and supply accordingly. In other words, people who own and stake LOOKS are similar to the “shareholders” of the platform, where they will be able to share the profit the platform generates, and they would buy the “stocks” if the “dividend” and “the company” fundamentals make sense to them.

As the team also owns the token, they are incentivized to keep building the platform and improve the product, as the value of the token is hinged on the transaction volume/fee of the platform.

We can also see the commitment of the team through the vesting schedule. The team is not receiving any LOOKS tokens until half a year. This signals the team actually plans to build the platform instead of a pump & dump project.

LOOKS has a fairly large negative funding rate at FTX, meaning lots of people are shorting the token. One explanation is that people are buying LOOKS to stake on the protocol and earn the tremendous staking rewards. To hedge the risk of LOOKS price movement, they decide to short LOOKS. Hence, they could earn the staking rewards without the exposure to LOOKS price.

Opensea has raised lots of funding over the last year and achieved a valuation of $13bn. It is a centralised platform that takes the Web2 approach but targets the Web3 community. LooksRare is taking the Web3 approach to solving the same problem as Opensea. It shows a lot of potentials to achieve the size of Opensea as the NFT market keeps expanding.

One concern is that the team is anonymous. To me, it always discredits the credibility of the project. Besides, the extra rewards would gradually decrease after the first 30 days, which would be a risk for the price correction by then.

We are always happy to bring something new for our users. Address whitelisting feature is going live on Bitbns today. This will further enhance security of your funds.

More details:

Note:

1.We are also taking down Save Wallet Addresses feature.

Going forward users will have to use address management page to save & whitelist their external wallet addresses.

2. Whitelisting is optional. Now you can transfer even without whitelisting but the transfer would be slower. Transfers to whitelisted addresses will be faster.

3. We will come up with more such amazing features soon!

4. Till thenUpwards and OnwardsTeam Bitbns

5.