The year started on a high note for Litentry as Litmus — our canary network on Kusama — has won the #23 Slot in the Kusama parachain auction with a total of 10,821 KSM raised from 849 contributors! We would like to THANK YOU for your tremendous support.

Crowdloan Reward Distribution

What will happen to my KSM

The contributed KSM will remain locked for the duration of the lease (48 weeks), after which it can be unlocked. Meanwhile, if you contributed through the Bifrost platform, your KSM has been automatically converted into vsKSM which can be traded inside Bifrost SALP and participate in the 5,500 BNC farming event.

What comes next:

Thank you for reading and supporting Litentry!

They are the first to admit that two billion people worldwide are completely excluded from the financial system. That’s a little under a third of the global population. And what they mean is that these people are completely excluded from all banking and financial transactions. When we speak of finance, we are speaking of financial markets, which is something way more rarefied still.

Let’s look at one of the better known financial operations that go beyond day-to-day bank account usage: owning stock.

Only 56% of American citizens own stock. In most European countries, that number’s much lower. One third in the UK, and between 15 and 20% in the Netherlands or Italy.

If that’s the usage of financial services in the countries with the lowest percentages of unbanked and underbanked people in the world, you can imagine what the numbers will look like elsewhere.

So how can we improve upon this?

The core promise of Decentralised Finance is that anyone should be able to access the financial services of their choice. Whether that means investing in assets that go well beyond traditional stocks and can include digital art or tokenised properties or signing futures contracts, the promise of DeFi is that all financial services that would formerly depend on an intermediary should be available to everyone with a smartphone.

And let us say this again: pretty much everyone is getting a smartphone. By January 2022, 84% of the world’s population had at least one smartphone on them. That’s up from 49.4% just six years ago, and there’s no indication that this is stopping.

When you are using DeFi, the security is provided by the technology, not by a governing institution. This means you don’t need anyone to approve your access to financial services or markets.

DeFi removes these barriers to access that institutions keep in place to maintain control over who can participate in the economy.

One of the greater barriers to access for those new to the markets is that things change constantly. Fraud is a constant, and you need to know what you’re doing. Financial fraudsters have become celebrities and folk heroes. Classic movies have been made about how tricking investors and the markets is profitable and fun.

The consequences of these predatory practices, of course, can sometimes be quite dire.

DeFi, however, runs on the blockchain.

Of course we are not saying that fraud is impossible in DeFi. DeFi is, after all, about personal responsibility. You can make mistakes. You can be misled.

There is no technological remedy for that.

What DeFi does do is give you every single tool to always know exactly what you are doing. With DeFi, every transaction, every contract, every move, is recorded in an immutable ledger. No one can alter the information or the terms of a contract. Not you, not a bank, not a financial institution, no one. All pieces of information will always be available to you at all times, and no one will be able to renege on the deals they made.

In traditional finance, you give your funds over to someone you must trust, whether it’s a broker, a banker, an investor, or… someone. In DeFi, you don’t need to trust anyone. The system itself will ensure agreements are fulfilled.

The ultimate goal for DeFi is simple: everyone gets to use financial tools and services.

Everyone gets access to loans. Everyone gets access to savings. Everyone gets access to investment opportunities. Everyone gets access to making educated decisions about their own financial future.

Traditional banking and traditional institutions are not only uninterested in making this happen, they are actively raising barriers to democratizing access to this.

Fortunately, blockchain technology has given us the chance to take the future into our own hands.

Utrust is working to provide global, near-instant, payments at a trivial cost. This can only be done using the same principles that guide the DeFi pioneers.

You can start with the strategy below once you have a Metamask account and deposited $FTM on it.

Now you will have $TOMB in your Metamask wallet. If it is not visible in your asset list, you need to add $TOMB token to your Metamask. Click on import tokens and fill out all the required information; you can find them on Coingecko. https://www.coingecko.com/en/coins/tomb

3. In order to receive LP tokens, provide liquidity to $TOMB — $FTM pool. The value of $FTM — $TOMB should be 1:1.

4. Once you have the LP tokens go to @tombfinance

5. Stake LP tokens in Cemetery to earn $TSHARE; 120% APR

6. Stake $TSHARE in Masonry to earn $TOMB; 880% APR

7. Now that you earned free $TOMB go to http://tarot.to

8. Search and click for $FTM / $TOMB pool

9. Go to the Lend tab and click supply

10. Supply liquidity for $TOMB; the reward is 150% APR.

11. As simple as that!

12. Fantom is one of the most undervalued Layer one networks in the crypto market. Despite already being up 144x in 2021, there are a lot of reasons why FTM can still explode in 2022. When that happens, you can imagine what will happen to its ecosystem.

13. I will not sleep on this opportunity.

14. If you want to read about other DeFi tricks within Fantom you can find it here.

15. I will be posting articles now, and soon that won’t be posted on any other platform.So make sure you are following and have subscribed to receive my articles by email, so you don’t miss anything important.

16. I also have a Twitter account, come and say hi.

17. Nothing in this article is to be construed as investment advice. Neither the author nor the publication takes any responsibility or liability for any investments, profits or losses you may incur as a result of this information.

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Bruce Lee’s Ethernity Protocol Lee Family Company and NFT will drop the NFT collection on Saturday 8th January 2022, the collection aptly named “Formless Form” as an allusion to Lee’s provocative philosophy of “being like water breaking through cracks.”

Like the name, the contents of the collection are also inspired by Li’s philosophy and teachings. It features works by a variety of prominent artists such as Bosslogic, Raf Grassetti and Anthony Francisco. Lee’s daughter, Shannon Lee, who is also the chairman and CEO of the Bruce Lee family company and the One Family Foundation, said the following:

“My father believed in honest expression. We are honored to have the opportunity to collaborate with these immensely talented artists whose artistic expression will continue to genuinely spread the positive message of Bruce Lee’s philosophy and teachings around the world. “

In the announcement, Ethernity CEO and Founder Nick Rose also shed light on the company’s excitement over their involvement in Lee’s first-ever NFT collection:

“We thrive on exploring the possibilities for newly expanded worlds of important personalities, and an incredibly influential figure like Bruce Lee is perfect for our great ambition and endeavors. We can’t wait to give Bruce Lee fans new opportunities to celebrate his life’s work, for which our team shares so much affection. “

“The Formless Form” is not the first collection to celebrate the late pop culture legend, as NFT collections fell in 2021 in memory of the likes of Jerry Garcia, Kurt Cobain, Muhammad Ali and Tupac Shakur.

Twitter

There is no easy way to put this, but we are ending support for WagmiDAO protocol after a lot of passion, time, effort and money were put into developing our platform, a project that was aiming to become the first reserve-backed decentralized exchange (RDEX) on Harmony ONE Network.

After a bot snipped launch, that took the steam out of our initial growth and caused some panic amongst $GMI holders, it gradually became obvious that there was not enough demand on Harmony ONE Network to sustain our business and token model. Coupled with precarious overall market conditions, inflation kicked in, with not enough buy pressure to keep it in balance. $GMI’s price started to drop, in terms causing our stablecoin $FAM to temporarily lose peg, which basically scared off the already low number of existing investors.

Together with our community, in DAO spirit, we came up with several proposals to try and put the project back on the right track. These proposals were subject to Governance voting and implemented accordingly. There were some drastic measures, like reducing emissions by 75% and redirecting a big part of them to $FAM, that in retrospect, did both good and harm, as they did help $FAM to regain peg, but at the same time, made the protocol a whole lot less appealing to new investors, giving out less rewards, hence less motive to invest. In the end, our attempts failed to stop the price of $GMI spiraling down to floor price, where it has remained for a while now.

The bad price action caused FUD around the project on our social media channels and also made it very difficult for us to come up with any real partnerships, as potential partners didn’t want to associate their brands with ours, for obvious reasons.

This vicious circle formed and caused a big part of our team to lose faith in the project and straight up leave. At the end of the day, most of us work for money and being really down on our investments caused a lot of stress and disappointment. We had multiple attempts in trying to get the team back working on the project or even coming up with a new team, but things didn’t work out well in that regard.

We believe that the idea of the project was good, but it launched at a bad time as far as market sentiment goes. This, together with people with a low appetite for risk investments on Harmony ONE Network, prevented the project from picking up.

With a Treasury that is constantly shrinking, DAOs that are getting a bad reputation everywhere and without a proper team to keep developing, we believe that the project has entered a slow death cycle.

As a result, we will use the remaining Treasury funds to provide a way for remaining holders to basically redeem their $GMI at floor price.

The special redeem UI will be made available on our platform on Monday, February the 7th 2022.

We hereby suggest that $FAM holders redeem their tokens and $GMI holders either sell their tokens into existing liquidity, or use the special UI and redeem USDC from Treasury in exchange for their $GMI tokens. The special redeem UI will be made available on our platform on Monday, February the 7th 2022. At the same date, most of the initial liquidity (LPs) provided by the team for GMI/USDC will be withdrawn and send to the redemption contract.

LP providers should also remove liquidity. Emissions and so farm/staking rewards will completely stop on Thursday, February the 3rd 2022, at 6PM UTC, in preparation for Treasury wind down.

Users will have 6 months to redeem $FAM/$GMI. After this time period, the platform (website) will be closed entirely.

More information and numbers will come soon, keep following our social networks to stay informed or ask any question.

We sincerely regret this outcome and are extremely grateful for getting to meet such amazing individuals in our Discord community, in our short time together.

BFG is now looking to incubate another startup focused on the Bitcoin Lightning Network. The Lightning Network is a second layer technology applied to bitcoin that uses micropayment channels to scale its blockchain’s capability to conduct transactions more efficiently. The Lightning Network not only makes transactions faster and less costly but also allows scalability of the Bitcoin blockchain like never before. We are looking for a CTO who has the right mind and skill set to lead and grow this disruptive startup idea.

As a CTO, you will lead the execution of this startup idea alongside the CEO. Your main goal is to develop a Bitcoin Lightning Network business model. We are looking for someone with experience in programming, designing and developing software/payment solutions. The skill set should ideally include experience in working as a CTO previously or performing an equivalent role and having a demonstrable work portfolio showcasing the technical skill sets.

Reference number: BFG5183ENEntry date: Q1 2022 and ongoing for the entire yearDuration: unlimitedQualification: Prior work experience as a CTO or role that would lead to qualifications for a CTO positionGender: f/m/xSalary: competitive salary

Founded in 2021, Blockchain Founders Group is a Liechtenstein-based venture capital firm that recognizes the potential of blockchain technology and its application in various investment areas. We strive to become a key player in the token economy and contribute to the success of blockchain businesses in Europe. We incubate validated blockchain business models while also accelerating outstanding founder teams with both pre-seed and seed investments. We provide shared services based on best practices to allow a hand-picked team to focus on what matters most: to invest early on before valuations go up exponentially while substantially reducing risk.

For more information on Blockchain Founders Group and our product offering, please visit our website: https://blockchain-founders.io/

To be successful in this role, an individual must be able to perform the functions listed below:

To perform this job successfully, you must have the minimum following education and experience:

Please send all your application documents (ideally as one PDF-file; file size <5 MB) to Max Zheng (max.zheng@blockchain-founders.io), who is also happy to answer potential questions. Mention the reference number of the job offer in the subject of the email. Employment should be made effective in Q1 2022.

History of bobbleheads

Dating back 180 years, bobbleheads, then known as “bobbers” or “nodders”, were first referenced to similar toys in the 1842 short story “The Overcoat” by Nikolai Gogol. He references German toy-like figurines, 6-8” tall with spring-connected heads.

Making a dive into the collectible world in 1920, the New York Knicks basketball team released limited-edition novelty bobbleheads. Their popularity became notable throughout baseball and rock and roll pop culture. Hand-made and painted, collectible vintage editions such as the Beatles and Yankees memorabilia are being sold at collectible auctions upwards of $50-$100k a piece.

Bobbleheads Today

In the 1990s, bobbleheads made the transition from ceramic into plastic, making mass production of the figurine easier and more cost-effective.

Since then, these figurines have been a fun collectible and very popular amongst sports fans, with millions of them being handed out at sporting events.

Since then, the customizable bobblehead figurine market has thrived, making fun bobble characters resembling their real-life counterparts, including characteristics such as tattoos and even scars.

Bobbleheads of tomorrow — Introducing Bobbles

Bobbles are the newest collectible in the NFT (non-fungible-token) space. Reminiscent of classic bobbleheads, Bobbles create a new digital experience full of fun traits and mesmerizing animations.

Making their way to Dapper Lab’s Flow blockchain in Q2 of 2022. Bobbles will be minting 5000 full-bodied animated PFP (profile picture), randomly generated NFT.

“Bobble Day Ones: Mint now, reap Bobble founder benefits forever”

Those that are able to mint our limited edition PFP animated Bobbles will be deep-rooted founders in the Bobbleverse. With royalties built-in for OG minters, secondary and beyond sales will send a 2% royalty back to the owner who originally minted.

The Future of Bobbles isn’t in PFPs. Rather, this fundraise will build equity and value for Bobble investors and collectors while funding the development of the Bobbleverse.

Well, you’ll have to stay tuned to learn more about the Bobbles roadmap coming soon.

Bobble on…

BOING!