Messages

1

General Discussion, Non Crypto Stuff / Tech agency vs Tech team

« on: July 08, 2022, 08:20:56 AM »

It is my opinion as a founder of several blockchains and dApp projects.

If you need a turn-key solution like a crypto exchange, you can hire a tech agency. For example, Exotic Tech can build the NFT marketplace, crypto exchange, and other interesting things. But the problem is to find an experienced agency like Exotic Tech. Also, you can't influence a development process, if you hire an agency. Anyway, you should start cooperating with an agency to know if it fits your needs. I was lucky to find https://exotic-tech.com/ but it doesn't mean that you will be lucky to find the right technology partner.

As I wrote above, it is a good idea to choose a tech agency for some of the projects. But for some projects, it'd be better to create your own tech team. The problem is a lack of an experience in tech project management. In fact, I am a low-tech person and it is my weakness. Well, I've improved my skills. But it is not enough. Now I am working on tech product development. My team is 10 specialists. Then I will need just 4-5 developers to finish a product and maintain it. If you hire an agency for such a product, you spend more money than you expect. If you have your own tech team, it is cost-effective and you can influence the process of development. But how can you manage the team? I found a Trustshoring company. Unfortunately, I wasted some my money working with freelancers.
Well, there are many companies that can help you create your own tech team or extend your existing team. I can recommend Trustshoring because I cooperate with them. Viktor is absolutely amazing person and an experienced guy.
Benefits? They found greater developers at affordable rates. I didn't pay any extra cost. I do not have to spend my time on papers, insurance, or other things. I can influence a development process. If you need blockchain, web developers visit https://www.trustshoring.com/

2

Crypto Discussion / Experts have declared Bitcoin death more than 300 times. Can Bitcoin die now?

« on: July 07, 2022, 08:43:51 AM »

Some crypto investors fear the bear crypto market (a sustained period when the equity markets are down at least 20% from their recent peaks) because they think it never goes to an end and Bitcoin prices will remain at this level. But the truth is Bitcoin has a long history of bear markets. On the other hand, this bear market is different from the several major drops in its history. What awaits us soon?

The first crypto bear market started on January 11, 2012, and it finished on July 11, 2012. In 2012 crypto enthusiasts faced a series of hacks and other negative events that led to the uncertainty around Bitcoin. Bitcoin's price went down up to US$4.22 on July 11th and it was awful.

The next bear market was caused by a series of lawsuits and lasted from August 7, 2012, to December 6th, 2012. This period was marked by a lack of faith in the crypto market. As you have already guessed Bitcoin has not died despite the price dropping to $8.4.

The crypto winter started on November 29, 2013. It lasted 415 days and finished on Jan 7th, 2015. It looked like the current situation. While the price of Bitcoin began dropping headlines were optimistic and experts predicted that it could hit $98,500. Then headlines became negative at the beginning of 2015. Experts predicted Bitcoin’s death and the big problem for the crypto market. As we know, it didn’t happen.

After the 2017 boom Bitcoin crashed again. On 17 December 2017 Bitcoin's price hit a new all-time high of $19,783 but on 22 December 2017 Bitcoin dropped to below $11,000. The price of bitcoin fell to $5,500 on 15 November 2018.

On 16 March 2020, the Bitcoin price dropped again to $5,000 due to the COVID-19 pandemic. But it was the exception and black swan event.

Experts still haven’t learned the art of Bitcoin’s price prediction. But they have known that specific events and narratives, as well as through news outlets and social media channels, influence the crypto market. The key driver of bear crypto markets was the lack of faith in Bitcoin. Now we can notice that the 2022 bitcoin bear market is different from the past.

Experts predict that the new crypto winter has started. The crypto market spiked to around $3 trillion in total assets in November 2021, then it dropped to less than $1 trillion in June 2022. Now the key driver of the crypto crash is crypto loans. The leveraged speculation led to the rise of crypto prices in 2021. But in 2022 money will move out of deployed crypto financial systems due to over-leverage and poor risk-taking. The interest rates rising and the Ukrainian-Russian war also affect crypto prices. Crypto collateral that supported loans one day became deeply discounted.
In short words, mass adoption means people have treated Bitcoin and crypto in the same way as the rest of the assets such as stocks and bonds. That makes crypto prices more correlated to traditional markets and financial systems. But there is nothing new. This crypto winter looks like the 2007-2008 financial crisis.

Anyway, crypto market capitalization is about $1 trillion which is good. Regulations and crypto maturity will have a positive impact on crypto prices in near future. We all should just survive this general macroeconomic downturn. It seems Bitcoin never dies and even pessimistic experts are optimistic. Many experts recommend understanding the risks of crypto investing and not following headlines.

If you're a risk-taker, you can buy Bitcoin at a low price to make money in the future. The easiest way to buy Bitcoin is to exchange your fiat money for crypto on a reliable site like EvBlock.
EvBlock is a Swiss crypto exchange (Reg N. CHE-265.995.382) that blockchain enthusiasts created for crypto investors. Visit EvBlock https://evblock.com/ 

3

Investing & Make Money Discussion / Bentley Motors announces NFT drop in September 2022

« on: July 05, 2022, 12:24:39 PM »

The iconic automaker announced its NFT launch and you can own it. Why Bentley’s NFT collection can be a good investment? Should you diversify your crypto portfolio to limit risk?

Let’s start with official news.
Bentley Motors announced its first one-time NFT drop on June 22, 2022. Bentley plans to achieve end-to-end carbon neutrality by 2030 and produce all company’s vehicles that will be fully battery-electric in the same year. This is why Bentley’s NFTs will be minted on the carbon-neutral Polygon network. NFT launch is scheduled for September 2022.
Bentley’s management claims this NFT collection will be limited to 208 unique pieces of artwork. The number 208 symbolizes the top speed of Bentley’s fastest model, the Grand Tourer. It is assumed that NFTs will offer holders exclusive rewards and many additional opportunities.
Additionally, the carmaker plans to use more Web3 tools, such as online gaming and the metaverse that will be built on blockchain technology.

Using NFTs for brand promotion and customer engagement is not new. Nike, Gucci, Louis Vuitton, Coca-Cola, Campbell Soup, Almond Breeze, and many other brands have revolutionized their marketing with NFTs. Carmakers such as Lamborghini, Kia America, BMW, Hyundai Motor Company, MG Motors India, Ferrari, McLaren Racing, and renowned car customization and fabrication shop West Coast Customs also use NFTs to engage car enthusiasts and customers.

But some car producers go further. Italian car manufacturer Alfa Romeo announced that its subcompact luxury crossover Alfa Romeo Tonale will come with an NFT certificate.
It has utility on the secondary car market because the NFT will record valuable data about the owner, service, and accidents.
If you purchase a car that was owned by a celebrity you will be able to prove it with an NFT certificate that allows you to increase the market value of a car.

Anyway, when we speak of car NFIs it’s all about exclusivity now. Car NFTs allow holders to be a part of a community.

Should you invest in Bentley’s NFTs? It will be the limited NFT collection of artworks related to one of the most famous car brands in the world. Rarity, exclusivity, and innovation create the value of Bentley NFTs. So, it seems reasonable to purchase that one especially if you're a big fan of Bentley.

If you want to invest in NFTs you should have cryptocurrency. Where to buy crypto easily and safely? Many non-tech persons and first-time crypto investors have already chosen the EvBlock site. EvBlock is powered by Swiss fintech company Evanera, the crypto enthusiasts who work on making crypto investing available for many people. Visit https://evblock.com/

4

Crypto Discussion / Re: Khaby Lame is now Brand Ambassador of Binance

« on: July 01, 2022, 08:24:38 AM »

But he is a leftist. Why did he do that?

5

Crypto Discussion / Why did the crypto market crash in June 2022?

« on: July 01, 2022, 08:22:52 AM »

Despite the dangerous signals, some crypto experts were optimistic when bitcoin’s price dropped to $28,000. But on 13 June bitcoin price fell to $22,000. On 18 June bitcoin cost $17,592.78. It has fallen below $20,000 for the first time since December 2020.
What did happen with bitcoin and the crypto market?

Does it mean that crypto just is ‘Tulip Bulb’?
The short answer is no, it doesn’t.
The tulip bulb market bubble is one of the famous market bubbles. It happened in the 17 century when speculation boosted the value of tulip bulbs to extremes in the Netherlands. The best tulips cost upwards of $750,000 in today's money and many people embarked on the tulip trade.
People bought tulips more than they could afford. It's no accident that confidence was dashed and the prices of tulips fell in late 1637. The reason for the price downs was the fact that traders purchased tulips on credit and planned to repay their loans when they sold tulips. This scheme worked OK until tulip prices declined. Then the tulip bulb burst.
Comparing the crypto market to the Dutch tulip bulb bubble is nothing more than manipulation. Bitcoin and other cryptocurrencies have technological, social, and economic values in contrast to tulips. By the way, ‘Tulip Bulb’ was not a devastating occurrence for the Dutch economy.

Сrypto crash is largely macroeconomic
If crypto is not a bubble, which factors cause bitcoin’s price downs? These factors are macroeconomic.
If we take a look, we can notice that many markets fell. The Nasdaq composite fell 4.68%, Dow Jones Industrial Average fell 900 points, and some tech stocks were down 75% from their highs last year.
The global economy's health is the largest factor affecting the prices of many assets.
This is why the hiking rates of central banks, rising inflation, and growing unemployment drive the prices of the assets down. Bitcoin and other cryptocurrencies can't be an exception because it is connected to global macroeconomic events.
During times of economic prosperity, people are more willing to make riskier investments. Such investments mean a higher return as a reward. It means people attempt to minimize risk by investing in assets with more predictable returns but lower rewards. Due to its volatility, bitcoin looked risky investment that attracted many investors. The demand for crypto increased prices, but the global recession has started. The demand for high-risk assets like bitcoin sharply declines that driving prices down.
So, we can see that macroeconomic factors forced crypto prices to fall. Well, this is good news for many crypto investors, even if they bought bitcoin for $48,000.

Should you invest in bitcoin and other cryptocurrencies?
If we look at trading indicators like the Relative Strength Index (RSI) and Simple Moving Average (SMA), we can assume bitcoin is attractive to buy it. But the problem of predicting the bottom of the bitcoin price stops investors to buy crypto right now. Some crypto experts predict that bitcoin will drop below $10,000 in the coming days.
In fact, you do not need to know when bitcoin hits bottom, because bitcoin has become a long-term investment due to the global recession. When the global economy starts recovering, crypto prices will go up again. Crypto winter is coming but spring is on the horizon. Industry experts project that bitcoin's price to hit $100000, but no one knows when the cryptocurrency will break that threshold. This is why you would win even if you bought bitcoin for $48,000.
But crypto is still a risky investment. If you want to invest in bitcoins or other cryptocurrencies the part of crypto on your portfolio should be between 1 and 5%.

Also, you have to buy bitcoins on reliable crypto exchanges like EvBlock. This crypto exchange is powered by a Swiss fintech company Evanera and designed for non-tech persons and crypto beginners to simplify the buying and selling of cryptocurrencies. To avoid pitfalls in the crypto market visit EvBlock https://evblock.com/

6

Crypto Discussion / Are stablecoins genuinely stable?

« on: June 30, 2022, 01:45:23 PM »

Why do people need to use stablecoins? What are stablecoins? Which factors affect the stability of stablecoins? This article helps crypto beginners learn more about stablecoins and their role in the crypto market.

The extreme volatility of cryptocurrencies keeps people from using their coins in the way they use fiat currencies. People and companies can't use crypto for tax return purposes or financial statements because the crypto price swings may be big. Also, merchants who accept crypto can lose their profit if the price of coins decreases after receiving payment. Also, customers do not want to pay crypto for goods or services because crypto prices can go up.
Stablecoins were created to avoid volatility risks and help cryptocurrencies work together with the traditional financial system.

What is a stablecoin? In short words, stablecoins are cryptocurrencies with stable value for use in transactions. To make crypto coins stable their value is pegged to fiat currency, another cryptocurrency, commodity, and other assets.
There are many ways to peg or collateralize a token. One of the well-known versions is a USD stablecoin backed by USD.
Stablecoins can be traded as quickly as any other crypto-to-crypto trade that allows a holder effectively turn fiat currency and other assets into cryptocurrencies.

Usually, fiat-collateralized stablecoins are minted on a 1:1 basis. But if you check the prices of some USD stablecoins, you can see that prices are higher or less than $1 at any given time. Why?
First, let's consider the process of fiat-collateralized stablecoin issuance and redemption. Users can exchange fiat money for stablecoins on a stablecoin issuer's site. To create an account, the user should be verified by KYC (Know Your Customer) and AML (Anti-Money Laundering laws) checks. Then user deposits USD and purchases fiat-collateralized on a 1:1 basis. The user can redeem stablecoins by an account on a stablecoin issuer's site. Stablecoin issuer "burns" these stablecoins and credits the user's account for USD at a 1:1 ratio. Now the user can send stablecoins to buy other cryptocurrencies, pay subcontractors, or buy goods.
In practice, fiat-collateralized stablecoins always end up in marketplaces. Users buy or sell their stablecoins on an exchange at the market price rather than redeem or purchase them from the stablecoin issuer. The changes in supply and demand of stablecoin affect its prices. This is why users trade the USD stablecoin higher or less than $1.

Also, stablecoin volatility depends heavily on cryptocurrency price fluctuations and other stablecoins volatility. Even if it is a gold-collateralized stablecoin, gold price swings will have a slight effect on this stablecoin. But bitcoin's price fluctuations will significantly affect the prices of gold-collateralized or fiat-collateralized stablecoins.
Additionally, the irrational behavior of the crypto market players and rare, unpredictable events also affect stablecoin prices.
Surprisingly,stablecoins can be more susceptible to volatility than other assets and cryptocurrencies.
Anyway, stablecoins play their role in the cryptomarket and people use these coins for transactions. But if you want to invest in crypto in a bear market, you should avoid buying stablecoins. It’d be better to buy bitcoin or Ethereum.

When you need to buy bitcoin and other cryptos without extra concerns and time loss, you can visit Swiss crypto exchange EvBlock https://evblock.com/

7

General Discussion, Non Crypto Stuff / How can you create a profitable NFT portfolio?

« on: June 24, 2022, 08:54:18 AM »

The growth of the NFT market offers a compelling way for investors to generate a return. NFTs have become more attractive for crypto investors than just a way to diversify crypto investment portfolios.
This guide will help you to make money with NFTs all from the comfort of your own home.

How to make money with NFTs
You can use different ways to make money with NFTs.
Minting your own NFTs
If you are a painter, a musician, a designer, or just a creative person, you can create your own NFT collection. But new collections spring up every day and the competition among creators is intense. You should invest some money in promotion to stand out from competitors.
Flipping NFTs
In simple words flipping NFTs is the process of buying low and selling high. It is a short-term approach to making money with NFTs. You should be an experienced NFT trader because this way requires expertise.
HODLing NFTs (Hold On for Dear Life)
This way doesn’t require expertise in NFT trading. All that you need is to buy NFTs and wait when prices skyrocket. It can take years, but it is worth it in many cases. You should invest in long-term NFTs.

How do you choose NFTs to invest in?
In most cases, you can’t take the art home with you but you get some basic usage rights to the art. When you buy an NFT it means you do own the rights to the unique token on the blockchain. It allows you to sell NFTs on NFT marketplaces.
You should create a profitable NFT portfolio if you want returns on your investments. Many experts recommend starting with these types of NFTs.
Art NFTs
Just as with physical art, the price of NFT art can rise exponentially. You can find a rare painting to invest in it. Then you can sell the NFT to someone who wants to buy it. Buying arts is a good way to support many modern artists without dealing with the bureaucrats of the art world.
You can find many interesting modern art NFT projects on marketplaces. Also, you can look for digital artworks recently stored on a blockchain. The blockchain is a public ledger that allows you to look at major wallets and see what investors are buying.
Sports NFTs
Sports fans are known to be avid collectors of sports merchandise, and autographs from famous athletes. Now technologies allow fans to own memorable moments. If you are good at sports, sports NFTs should be a priority part of your investments.
Fashion NFTs
This may sound ridiculous, but owning virtual sneakers, necklaces or clothes is a common thing for many fashion-forward individuals. These fashion items are valuable because they are uniquely designed and limited in quantity. Also, many fashion NFTs are produced by luxury brands.

You should always be wary of NFT scams like fake NFTs. Before you buy an NFT, you need to do your own research. Research also allows you to avoid NFT investments with high risk. Anyway, you should gain experience to make money with NFTs.

Reminder. NFT marketplaces require buyers to pay with cryptocurrencies such as bitcoin or Ethereum. This is why you should find a reliable partner to exchange your fiat money for crypto. Swiss fintech company EVANERA launched a crypto exchange where you can buy crypto in the easiest way at affordable rates https://evblock.com/

8

Trading / Marketing tricks people use to promote altcoins

« on: June 22, 2022, 04:03:08 PM »

One of the most important crypto experts’ rules is to avoid getting influenced by others when investing and trading cryptos. Altcoins are great if you want to make money. But many altcoins are not as profitable as they seem. This is why you should know some marketing tricks people use to promote altcoins.

Using famous persons and celebrities
Well-known persons are famous driving forces of altcoins promotion. For instance, Elon Musk promotes Dogecoin. The army of Musk’s fans trusts in Doge because one of the most remarkable businessmen in the world revealed that he owns this altcoin.
It is not a new marketing trick, but it works. If you want to succeed, you should focus on the value of the altcoin instead of the person who the altcoin promotes.

Using social media influencers
Nowadays many use social media to discover, learn and communicate. Influencers command large followers who engage in different conversations. Influencers share their experiences and recommendations about investing in altcoins. Such conversations aim to make investment decisions favorable to the altcoin that an influencer promotes. Also, regular inputs drive opinions about altcoins. In this way, some of the people who are engaged in conversations are turned into interested investors.
You should avoid making investment decisions based on memes, even if those are good, do your own research instead of relying on the recommendations of social media influencers.

Using media outlets
TV talk shows, bloggers, and authors of podcasts send many invites to crypto experts, crypto business owners, and well-known crypto investors to talk about crypto. These shows, streams, and podcasts about investment and risks can make an altcoin a subject in diverse conversations. In this way, many people may know more about the altcoin than about its competitors. Using media outlets and public discussions can boost interest in any altcoin.
Again,  it would be best if you focused on the real value of altcoin to avoid mistakes.

Using an altcoin as a payment option
Some businesses can integrate an altcoin as a payment option to allow people to buy products by using this altcoin. For instance, Tesla and Space X integrated Dogecoin. This marketing trick makes people believe that altcoin can become a future currency.
Other companies can create altcoin as a payment option for their crypto projects. Now you can see many gaming coins or altcoins which gamers can use to purchase game characters, weapons, land, or other items.
Unfortunately, altcoins still are a risky investment. The high volatility of altcoins can cause you to incur losses and some gaming coins have a very uncertain future. Follow one of the best rules “Never invest money that you can't afford to lose”.

If you are a crypto beginner who wants to invest in crypto without risk, experts recommend starting with bitcoin. Bitcoin has the largest market capitalization and short-term volatility can’t change the value of bitcoin. The safest way to buy bitcoin is using the beginner-friendly cryptocurrency exchange EvBlock https://evblock.com/

9

Investing & Make Money Discussion / Investing in Long-Term NFTs

« on: June 16, 2022, 10:01:28 AM »

The NFT market shows some signs of a cool-down, but it doesn't seem as dramatic as some experts predicted. While the prices of most cryptocurrencies went down, NFT traders still make money. Buying NFT drops at low prices and selling high works as a short-term investing strategy.
Can NFTs be long-term investments?

Now experts and investors ensured that the crypto market doesn't drive NFT prices. It has made NFTs attractive assets for many investors during the latest crypto crash. Investors have started investing in NFTs instead of buying crypto, which drives crypto prices down. It drives NFT prices up because demand picked up in response to the behavior of these short-term investors.

Still, this trend will not last long because NFT activity will be falling off. High inflation, a rise in interest rates, and a decrease in employment lead investors to flee modern investments like crypto and NFTs and put money into safest assets like bonds.

But the NFT market won't crash. Venture capitalists have invested significant money in the NFT market, and will keep it buoyed for as long as needed.
Our world is changing. NFTs adoption and the next cycle of economic growth will boost the NFT market. This is why it makes sense to invest in NFTs for the long term.

There are many different types of NFTs, collections, and projects out there, and it can be hard to know which ones are worth investing in. How to create a lucrative long-term NFT investment portfolio?

If you want to invest in NFTs, you should follow basic investment rules. It is a good idea to start by doing your own research. Study various NFT marketplaces to find an intuitive and user-friendly, secure one. Then you should scout for the right NFT project to invest in. Some investors invest in utility collections. Other investors prefer rare collections to invest in. Utility and rarity create NFT value. NFT gains value with time and its price can go up by 10,000%. Patience is key for long-term investors.

You do not need to start bidding on million-dollar NFT projects. Collections that range from $50 to $500 can be good investments. Also, you can invest in an ownership percentage in NFT projects instead of buying NFT collections.

There are some popular collections that can be interesting for NFT investors.
Crypto Baristas. This project is interesting because it has long-term goals. One of these goals is to improve the sustainability of the coffee supply chain.
Doodles project is one of the NFT collections that has taken the NFT market by storm.
SkinDrops is an NFT-exclusive collection of unique weapons that can be used to access the metaverse.

To buy NFTs, you need some cryptocurrency. The safe place to exchange your fiat money for crypto is the EvBlock site (powered by EVANERA, a fintech company from Switzerland, Reg N. CHE-265.995.382) https://evblock.com/

10

Trading / The future of bitcoin: trends and predictions

« on: June 14, 2022, 11:45:57 AM »

Despite the downs in bitcoin’s price, many crypto investors continued to believe in the future of bitcoin. Many of them say it’s only a matter of when, not if, bitcoin’s price rises to $100,000. But many other factors can affect bitcoin. What future awaits bitcoin in our unstable world?

More regulations
In many countries, officials have shown a particular interest in bitcoin regulation. On the other hand, using bitcoin is a hedge against financial surveillance and the decentralization of bitcoin enables a degree of censorship resistance. These reasons have made bitcoin attractive to many people.
But now, there is increasing discussion about tracking and regulating the crypto market. Changes in the state of bitcoin regulation affect bitcoin's price. Some investors sell their bitcoins which also drives bitcoin's price down.
But regulations are signals of the crypto market maturity. Regulating the bitcoin network is a challenging task in practice. Lawmakers focus on the additional activities of the bitcoin network and taxes. Eventually, the crypto market maturity will drive bitcoin's price up and reduce its volatility.

Bitcoin exchange-traded funds
A Bitcoin ETF (an exchange-traded fund) comprises bitcoin or assets related to Bitcoin's price. They were created to be traded on a traditional exchange directly from traditional investment brokerages.
The first Bitcoin ETF made its debut on the New York Stock Exchange in October 2021.
Because the US Securities and Exchange Commission (SEC) has not approved bitcoin ETFs for any fund, the fund doesn't hold bitcoin, just holds futures contracts.
Anyway, it makes cryptocurrency assets more accessible within traditional investment products. It means bitcoin will become more popular among institutional investors, affecting its price. In fact, more Americans could buy bitcoins and influence the crypto market with low risk.

Institutional cryptocurrency adoption
Many large companies across multiple industries have already taken an interest in bitcoin. And many financial experts predict more and more the interest in using bitcoins and other cryptocurrencies from businesses.
While most people don't use crypto to pay for goods or services many retailers have already added cryptocurrency to payment methods. Global corporations and retailers can create a chain reaction by using bitcoin that may add more credibility to crypto.
Institutional adoption will take some time before people start spending Bitcoin to buy gadgets, clothes, and products or pay their electricity bills. But the more the “real world” will use bitcoins, the more demand and value will increase.
In short words, institutional cryptocurrency adoption will drive bitcoin prices up. If you already hold some bitcoins, you will protect your savings against inflation and increase your return on investments.

It is an excellent time to invest in bitcoin because the bitcoin price is quite low. The easiest way to buy bitcoin for beginners is using the EvBlock crypto exchange (Reg N. CHE-265.995.382). A straightforward user interface and customer support make EvBlock crypto exchange beginner-friendly. Come in and convince yourself https://evblock.com/

11

General Discussion, Non Crypto Stuff / Edison NFT: Do you want to own historical inventions from Thomas Edison?

« on: June 09, 2022, 10:11:17 AM »

Thankfully for the partnership between tech companies Luckmon and Morrowbogi with Chamsori Gramophone Museum and Edison Science Museum you can have physical ownership of some of the most well-known inventions from Thomas Edison.
Experts believe that this NFT collection can be a good investment and not just an object for anyone’s collection.

Thomas Edison is one of the most well-known, prolific, and successful inventors in world history. In fact, his inventions created the modern world. Edison invented the innovative lightbulb design, phonograph, electric vehicle with a charging station, and many other things.
Now many of Edison’s inventions can be owned and taken to the metaverse. Even if you are not a fan of the history of technology these NFTs will make you a lot of money in the future.

Chamsori Edison NFT project is about the largest Thomas Edison collections that Chamsori Gramophone Museum, Edison Science, and private collector Son Seong-Mok have now. Tech firms Luckmon and Morrowbogi are working on the tech side of the project.
Morrowbogi is specializing in trusted platforms and high-speed blockchain network management. Also, Morrowbogi cooperates with the Dubai Exchange to create a global market for NFTs.
Luckmon is a startup from California that built a Web3.0 platform for data aggregation. Also, the firm heads the Web3.0 community for learning and discovering NFT, creating Play-to-Earn games, metaverses development, and blockchain with a reward system.
The goal of the Chamsori Edison NFT project is promotion the historical importance of Thomas Edison’s inventions by using NFTs.

As it became known, the Chamsori Edison NFT project will make available 1,000 real physical Edison inventions and persons wishing to buy can purchase these NFTs on marketplaces such as OpenSea.Unfortunately, the date of Edison NFTs hasn't been set yet and you should visit Luckmon's site to learn more.

Nowadays NFTs are changing the world. These digital assets are much bigger than the art fad. You can own AI-generated images, fashion, sports moments, NFT furniture collection, and the history of technologies. While cryptocurrency still is an incredibly volatile investment, NFT prices rise. You should know that NFT prices are not driven by crypto prices. So, if you are prepared to take the risk of NFT investment, it is a time to start.

All that you need is to buy some crypto and join the NFT marketplace where you can buy the NFT collection that you like the most. Where to buy crypto? The easiest way to buy a crypto visit a beginner-friendly crypto exchange https://evblock.com/

12

Crypto Discussion / What to do when crypto prices are crashing?

« on: June 07, 2022, 04:13:36 PM »

Volatility is the nature of cryptocurrencies. Bitcoin was hitting an all-time high of nearly $69,000 in November 2021, and less than three months later the cryptocurrency lost roughly half of its value. Nonetheless, Bitcoin, Ethereum, and many other cryptos are still considered good investments.
With cryptocurrency prices being that much volatile, how can you manage risks?

Stay calm
Before you hit the panic button, take a deep breath. Either you want to buy more cryptocurrency or sell all your coins, keep a cool head. Emotions won’t help you in making a wise decision.
Stop reading social media influencers and experts because their predictions in most cases never come to fruition. They just use the situation to get more visibility.

Ignore volatility
Volatility is the speed or degree of the price change, and it is the nature of cryptocurrency because the price cannot go up or down all the time, this is mainly due to changes in market participants' sentiment. Despite all the high-risk factors,  experienced crypto traders like volatility as it allows them to make quick money. If you use a long-term crypto investing strategy, you can ignore the volatility of crypto prices. Crypto is a forward-looking asset for experienced traders.

Analyze the situation
Many actual developments can affect the crypto prices, same as fundamental news can also drive the crypto prices up or down. Fed rate hike affected bitcoin's prices and the stock market in May 2022. Even the expectation of higher rates has a significant impact on the crypto market. However, wise crypto investors would look beyond today’s news. You should learn to recognize the economic fundamentals and technological development aspects to analyze the situation.

Consider how to act
Well, you have analyzed the situation and what it can mean for the future. Now you should plan your actions.
Are the risks the actual opportunities in disguise? Downturns can be a good time to add some crypto to your portfolio at low prices. And you can exit the crypto market with one of the strategies if you want to invest in other assets.
You should create an action plan which will reflect your investing strategy.

Whichever way you decide, it's important to find the right crypto exchange to buy or sell your bitcoins and altcoins. Many investors use EvBlock crypto exchange because it is a reliable and trusted partner. 
https://evblock.com/

13

Crypto Discussion / Re: Is it best to invest in starting a crypto exchange business like Binance?

« on: June 07, 2022, 04:12:34 PM »

In short words, it is a great investment. People trade crypto, you make a profit.

14

Cryptocurrency Gaming & Gambling / NFT games that will be to your liking

« on: June 03, 2022, 08:36:42 AM »

It's early days for NFT games but many of them have already attracted many gamers around the world. NFT games combine familiar gameplay and non-traditional gaming mechanisms, rules, and player interactions that are based on NFTs. In addition, play-to-earn NFT games allow gamers to earn an income by playing.
Well, let's look at our list of NFT games.

Gods Unchained
Gods Unchained is a free-to-play game that allows users to own their in-game items. Gamers absolutely free to sell, trade, or use their game cards.
It is a card game in which players should create a set of cards to outsmart their rivals. Each card has its unique power that allows players to create different battle tactics. As you have already guessed gamers can make big money by trading cards.

Axie Infinity
In Axie Infinity players should buy Pokémon-inspired digital pets called Axies and raise them. With the genetic imprint of creatures, players should try to create a unique breed of Axies. Trading creatures on the Ethereum NFT marketplaces makes Axie Infinity a play-to-earn game.
This NFT game attracts 2.8 million daily active players. The platform uses AXS tokens which can then be used in the game.
The price of the most expensive Axie ever sold was $820,000.

Alien Worlds
In the Alien Worlds game, players should go on missions to discover NFTs. Players can use NFTs for mining Trilium (TLM) or for fighting battles and going on other missions. The value of NFTs is determined by levels of NFT rarity and shininess. This earn-to-pay game has 1.1 million active players. TLM gives players access to the game’s planets Decentralized Autonomous Organizations and for playing additional missions.

The Sandbox
Sandbox is the NFT game in which players can create their own worlds and unique objects. But the Sandbox is more of a creator platform than just a game. The platform allows users to create and animate their assets, which can be NFTs to be uploaded to the marketplace. Then NFTs can be used in the games that were created by users.
The Sandbox allows users to monetize the games and NFTs they created. Also, players have access to the metaverse.

Sorare
Sorare is the NFT game that was created for football fans. It is a fantasy football game which means your points are based on real-life events and performances of the football players. Users can create lineups and build strategies to compete against other managers in weekly tournaments.
Players own these NFT cards so they can sell them to other players or in the open NFT marketplace.
Sorare is a free-to-play game that provides a free pack of cards for starters. But users have to buy the most unique cards if they want to progress in the game.

This is an incomplete list of NFT games because there are dozens of games already exist and some upcoming games will be launched in 2022.
Technology innovations make NFT games more than just a means of entertainment that attracts many modern investors. But you should know that even free-to-play NFT games require some investment to play and you need to have some crypto. The easiest way to buy crypto for beginners is using the EvBlock crypto exchange. Easy-to-use interface and friendly customer support simplify the process of buying crypto. Swiss quality makes EvBlock a reliable platform. Need crypto to join the NFT game? https://evblock.com/

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Investing & Make Money Discussion / Crypto Exit Strategies

« on: June 01, 2022, 10:50:30 AM »

Many first-time crypto investors and beginners focus on entering the crypto market. But you should know how to exit the crypto market if you want to take the maximum profit or save your money.

A price target
It is an easy-to-use exit strategy. All that you should do is target a price for your crypto and sell coins when the prices reach that range. Many people set target prices according to their gut feelings. But targets have to be set according to the market analysis results.

Dividing coins
If you want to maximize your profit by using a price target strategy during the bull market you can divide your coins. How does it work?
You own one Bitcoin. Instead of selling it when it hits your target price, you can divide that up into a few pieces. So, you can sell them at different prices.

Dollar-cost average
Opposite to the dollar-cost average buying strategy you can set a selling plan of a day, week, or month and a percentage of your crypto investments you would like to sell. For example, you plan to exit the crypto market in five months. You can sell 20 percent of crypto savings per month or 5 percent per week. It makes sense to do some technical and fundamental analysis before you set a percentage.

Exit by return
It looks like a target price strategy. But your plan is based on the percentage of crypto that you will sell when a cryptocurrency hits the target price. For example, you bought bitcoin for 30,000 US dollars. Your target price is 60,000 US dollars. If bitcoin hits the target price, you can sell 50% of your bitcoins.

Exit by cycle
Some people are following this strategy because it doesn't require research or technical analysis. This strategy is based on the idea of the 4-year bitcoin market cycle theory. The market cycle is the period between two highs or lows of a market. But many investors provide their own research to define the performance cycle of the cryptocurrency to predict when they should exit the crypto market.

The main rule of using any crypto investing strategy is you should stick with your strategy in order to get better profit.

Also, you should know where you can sell your crypto. Many crypto investors use EvBlock because there are easy-to-use interface, high security, user-friendly support, and traditional Swiss quality https://evblock.com/