I had a Bitcoin cake for my birthday! : Bitcoin

A community dedicated to Bitcoin, the Internet currency. Bitcoin is a decentralized digital currency, distributed around the world. Bitcoins are issued and managed without any central authority: there is no government, company or bank in charge of Bitcoin. You might be interested in Bitcoin if you are into cryptography, distributed peer-to-peer systems, or economics. A large percentage of Bitcoin enthusiasts are libertarians, although people of all political philosophies are welcome.

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Art collectors fall for NFTs at Elite Basel gathering – CoinDesk

Kamiar Maleki, director of the adjacent Volta Art Fair taking place in Basel, agreed, after getting into NFTs last summer. In July, Maleki organized what the Art journal described as the first NFT art residency, which took place at the Four Seasons Grand-Hotel Cap-du-Ferrat in the south of France. The project featured British hip-hop musician Tinie Tempah, alongside visual artist Sassan Behnam-Bakhtiar and Vector Meldrew, who came together for a week in the idyllic French estate to produce and sell an NFT on Nifty Gateway. .

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China bans Bitcoin the way stormtroopers shoot protagonists. : Bitcoin

A community dedicated to Bitcoin, the Internet currency. Bitcoin is a decentralized digital currency, distributed around the world. Bitcoins are issued and managed without any central authority: there is no government, company or bank in charge of Bitcoin. You might be interested in Bitcoin if you are into cryptography, distributed peer-to-peer systems, or economics. A large percentage of Bitcoin enthusiasts are libertarians, although people of all political philosophies are welcome.

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Can Decentralized Finance become the new digital economy of the future?

Over the past couple of years, DeFi has perhaps become the most defining event in the cryptocurrency reality. The rise of this new star is closely tied to Ethereum, the second largest cryptocurrency network by market capitalization, on which almost all existing DeFi apps run. The point is, Ethereum is not only a digital asset that allows you to make transfers over the blockchain network, but also an entire ecosystem within which you can provide services and perform more complex tasks, such as drafting of smart contracts. It was these two functions that became the foundation for the emergence of the DeFi phenomenon, which ultimately became a kind of spontaneous market response to the demand for freedom of financial services and their equal provision to any participant in the ecosystem, whatever the social status. and geographic location.

Over the past year, DeFi market capitalization has grown nearly 60-fold to $ 130 billion, and the total value of user deposits (total value locked, TVL) has increased 100-fold, reaching around 100 billions of dollars. Many analysts predicted that the industry would experience the fastest decline in history, but DeFi has weathered any problems it faced thanks to its underlying network. The transaction overload allowed for a general correction in the cryptocurrency market, which brought down the cost of the first cryptocurrency and, with it, the rest of the crypto assets in the spring and summer of 2021. Despite all of that negative events, DeFi continued to grow. What has been the fundamental driver of this growth?

The art of breaking through obstacles

The most interesting feature of DeFi is the elimination of intermediaries from its financial processes. In CeFi (centralized finance), transaction trust is ensured by an intermediary: a bank, a stock exchange, a brokerage firm, a settlement center, etc. The intermediary usually performs functions important to the economy such as the storage and movement of funds, as well as loans to individuals and organizations.

Everyone knows more or less the shortcomings of these organizations: by their complex and demanding structure, they exclude from the economic life more than a billion inhabitants of the planet, and the high commissions which they charge to the customers do not. guarantee neither a quick nor a problem. free operation. Often, transactions, especially international ones, can be delayed for no apparent reason, and some of them can be considered suspicious. All of this leaves the feeling that your money is not yours, it is as if someone has your funds at their discretion.

This has changed a lot, however, thanks to blockchain – a transaction ledger protected against unauthorized access, distributed among users, and owned by everyone and no one in particular at the same time. Due to its decentralization, a common transaction log serves as a general source of truth for all network participants. And if some network participants are motivated to give their funds for free to others, while others take those funds in the form of a loan from a bank, then there is no need for a middleman: the role The Relying Party is played by the blockchain itself, and a self-executing smart contract ensures that the conditions are met. The same goes for all other economic interactions – insurance, issuance of currency-backed stable assets or individual protocol benefits, and even the sale of unique works of art in the form of NFT tokens.

The uniqueness of DeFi is that users of decentralized applications (DApps) get rid of not only real-world financial intermediaries, but also centralized crypto platforms that require them to verify their identity with the disclosure of personal information. , which essentially violates one of the basic tenets of cryptocurrencies – anonymity.

DeFi, with its Decentralized Exchanges (DEX), allows its users to trade without having to go through identity verification, interference from anti-money laundering regulations, or any other restriction that centralized exchanges have been forced into. ‘impose.

DeFi is more than a fintech. Most fintech projects are a digital envelope that sums up old systemic phenomena. DeFi, on the other hand, works on a whole new basis as it gives people complete independence when it comes to choosing a path in the financial world.

Of course, DeFi is still having problems. For example, congestion of the Ethereum core network with the popularity of DeFi itself results in too many transactions spawning, which in turn results in higher fees. On top of that, a lot of apps still have awkward and clunky user interfaces. As such, DeFi can be seen as just a local phenomenon, which only people in the crypto world or those familiar with the technical nuances can enter. Because DeFi remains difficult for those who are far from being tech geniuses. These are important issues that must be resolved, and whoever overcomes these obstacles will emerge victorious.

How the LocalTrade Ecosystem Solves Urgent DeFi Problems

In fact, despite the explosive growth, DeFi is still beyond the attention of most financial market participants. This will undoubtedly change soon thanks to the Local trade platform – a universal cryptocurrency exchange and ecosystem of financial products that aims to bridge the gap between traditional finance and the cryptocurrency industry.

The LocalTrade ecosystem includes a full-fledged centralized trading platform and a decentralized financial platform for investments named DeFi Lab. Combining the experience and powerful technical infrastructure of CeFi with the capabilities of DeFi, LocalTrade attracts traders and investors from the domains. If they wish, they can join the world of decentralized finance as easily as they would deal with traditional financial products that they understand.

LocalTrade intends to become the first platform that will allow everyone, even those who only have a fiat bank card and $ 10 in their account, to have unhindered access to the most profitable DeFi and CeFi products. How is it possible? Using the capabilities of CEX, LocalTrade simultaneously simplifies the process of investing in DeFi products and makes that investment safer. This part of the LocalTrade ecosystem is called DeFi Lab and includes components like the NeoBroker smart fund, DeFi Wallet, a Launchpad for crowdfunding, as well as last year’s trend – yield farming, and even more. LocalTrade’s products are absolutely unique, so let’s briefly describe the essence of the innovative features that you can access in the updated LocalTrade platform.

LocalTrade DeFi Tools

LocalTrade’s DeFi Wallet is not your everyday wallet, but rather a product that will allow you to promote DeFi and make it mainstream. It is a smart multi-currency wallet for mobile devices with an intuitive interface, completely private and confidential with 100% storage of information locally on the user’s device, full data encryption, 2FA and biometric authentication for increased security. You can set up commissions in the wallet, but its main feature is the ability to trade assets from different blockchains within the same app. This specific option makes DeFi Wallet the world’s first decentralized crypto wallet with cross-chain exchange functionality.

LocalTrade’s DeFi Lab is a set of special digital tools suitable for investments and categorized according to their risk factor. DeFi Lab is designed to meet user needs and is available to all retail investors. These tools are available to investors with different levels of DeFi knowledge, ranging from pros to beginners.

  • NeoBroker Smart Fund allows users to invest in shares of companies before their initial public offering (pre-IPO), thus becoming part owner of these companies.
  • The Yield Farming Protocol offers users high APY rates for their assets, which will be used to extract cash through a variety of DeFi projects.
  • Token Sale Investpool is a solution that allows users to purchase tokens from crypto projects currently in the pre-sale / ICO stage in order to obtain enhanced returns.
  • LocalTrade Launchpad is a tool for more sophisticated investors, aimed at supporting and promoting cryptocurrency projects, as well as allowing investors to buy tokens during IDO, at the lowest possible price.

All projects hosted by LocalTrade’s DeFi Lab undergo strict smart contract checking and auditing to identify potential risks and thus prevent users from investing in intentionally fraudulent projects.

It is also possible to make money on the platform using the LocalTrade Token (LTT), which is a standard BEP-20 token issued on the Binance Smart Chain. The LTT token combines utility and governance functionality, fueling the entire LocalTrade ecosystem. As a link between the LocalTrade CEX and DeFi platforms, LTT includes a unique token model and is used in various cases on the platform. There are several ways to make money with LTT:

  • Staking, through which users join the DAO Sharing Economy and can participate in the management of the platform.
  • Receive compensation for attracting new participants.
  • Add LTT to cash pools and receive farming rewards.

The LocalTrade VISA Card and NeoBank App are other LocalTrade products that allow you to use crypto while enjoying all the convenience of fiat money. The card instantly converts the cryptocurrency to fiat, after which you can pay for all purchases. At the same time, LTT token cashback is paid using the card. In addition, the card allows you to withdraw money at any ATM.


If bitcoin was the spark in the financial services revolution, then DeFi was the catalyst for this process. Companies that bring DeFi into the mainstream are doing a huge service not only to the tech world, but to all of human society as well. This is exactly the task that LocalTrade has taken on, providing its users with a comprehensive set of tools that will allow them to enter the world of DeFi as easily as possible. On the platform, LocalTrade provides step-by-step DeFi mastery training at its university. After graduation, students will not only have a clear understanding of DeFi, but also traditional financial instruments and investing in general.

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Rapid Innovation: On Track to Become the World’s Leading Blockchain Application Development Company

Post Falls, ID, September 23, 2021 (GLOBE NEWSWIRE) – If you haven’t heard of blockchain technology, it won’t take long. The terminology and development process have become very popular in the digital currency industry, largely because it makes it very difficult to modify, hack, or perform fraudulent activity on the digital data it hosts.

However, blockchain technology is now being used for the development of applications outside of cryptocurrency. With large global companies like Microsoft investing in the process of improving digital identity verification, this opens up a world of opportunity and arguably is the way forward for creating and developing digital assets, including software, programs, applications and websites.

Rapid innovation are a team of developers specializing in blockchain technology. Bootstrap by its three founders just two years ago, thanks to their sought-after expertise and the growing popularity of the technology, they are already one of the largest blockchain development companies in the world.

Below, we take a look at how blockchain technology is being used and how Rapid Innovation is paving the way for organizations around the world to adopt the innovative technology:

  1. How blockchain technology was born

The main use of blockchain technology so far has been for cryptocurrency entities. It was designed to allow digital information, such as financial transactions, to be recorded and distributed, but not changed.

The reason it has become such a popular way to deal with digital financial data is because it builds trust and truth because no one “owns” the process. The value of the currency cannot be changed, the currency cannot be distributed, tampered with, hacked or duplicated, which brings honest value to the currency. It also means that digital currency can be sent to anyone, anywhere, without the need for currency exchange or interference from banks.

To learn more about blockchain technology, visit the Rapid Innovation website: rapidinnovation.io

  1. How can businesses benefit from blockchain technology?

The technology is particularly useful for protecting data and eliminating the need for centralized ownership. Blockchain development services, such as those provided by Rapid Innovation, are able to create “blocks” to house any type of digital asset. These blocks, or digital assets, can be files, contracts, tickets, recordings, videos, music and even art, the list is almost endless.

Typically, a block consists of three elements:

  1. The data it hosts
  2. A unique 32-bit number called a nonce
  3. A unique 256-bit number called a hash, which is bound to the nonce

The data in the block, thanks to the nonce and the hash, is considered signed and forever linked to both, making it almost hack-proof.

Businesses can benefit from using blockchain technology for all kinds of business operations and processes, from faster and cheaper smart contracts and payments to creating digital identity verifications and much more.

To find out if blockchain technology can improve your business, take a look at the Blockchain consulting Rapid Innovation services.

  1. Rapid Innovation has become a leading global blockchain development company

Are you looking for an experienced team to create your blockchain application? So look no further than Rapid Innovation. They have become obsessed with their approach and the desire to master their profession, and it shows in the quality of their work.

The process begins with a planning phase, where you will discuss your project with the Rapid innovation team and they will explain how they can turn your dream into reality. This is followed by the design and architecture phases, where user experiences are mapped, designs are created, navigation and architecture are tested, and functionality is ensured. Specialist blockchain developers will then build, test, and launch your app, with the ability to upscale and upgrade in the future.

With a diverse and growing customer portfolio, Rapid Innovation is on track to fulfill its mission of becoming the world’s leading blockchain application development company by 2022.

To see how they’ve used blockchain technology for their clients, take a look at The Rapid Innovation portfolio.

More information

Rapid Innovation helps businesses like yours create beautiful, user-friendly blockchain applications – no technical knowledge required. We help you go from concept to launch – and make your dreams come true. Get your project delivered on time, on time and on budget – every time. Start your blockchain application process today via the website: https://www.rapidinnovation.io/

Rapid Innovation: On Track to Become the World's Leading Blockchain Application Development Company 1Rapid Innovation: On Track to Become the World's Leading Blockchain Application Development Company 1

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A catalyst for mainstreaming the adoption of decentralized finance

Over the past few months, Decentralized Finance (DeFi) platforms have grown in popularity amid a bull market in cryptocurrencies. This digital money revolution is now moving through the gaming industry, creating an intersection between DeFi and the gaming experience that experts say will now play a huge role in the next generation of games.

DeFi-focused tokens such as Polkadot (DOT), Solana (SOL), and Chainlink (INK), to name a few, have seen euphoric moments in the markets, gaining ground as they go. as major developments continue.

Investors and speculators should expect even more in the future, given the bold move by companies like the Solana Foundation and Houbi Ventures to invest in early-stage blockchain-based gaming platforms that integrate DeFi into their system.

The emerging game-to-win model is designed to highlight the benefits of blockchain technology in the gaming industry and beyond. In this article, we take a look at some of the latest developments in the DeFi gaming space with a discussion of what the future holds for this emerging industry.

DeFi Simplifying Games

DeFi Land, a game designed as a multi-chain agricultural simulation aimed at enabling a gamified decentralized finance experience, just raised $ 4.1 million in a funding round that saw the participation of more than 40 investors.

Founded in 2021, DeFi Land is a privately held company headquartered in India with a primary focus on creating educational and entertainment solutions for users looking to explore the DeFi space.

DeFi Land’s farming simulation is designed with all the features you would find on a conventional DeFi platform. Unlike most DeFi platforms, however, DeFi Land has an interoperable ecosystem capable of running on other established platforms such as Uniswap or even Binance Smart Chain’s PancakeSwap.

This approach should help DeFi Land avoid reinventing the wheel, allowing its users to access automated market-making protocols, decentralized exchanges, and leading protocols on other blockchain networks. On DeFi Land, each digital asset is represented as a plant. For example, Solana’s SOL token is a sunflower and the USDC stablecoin is a corn plant. Users can farm these tokens and earn a percentage of annual yield which comes in the form of a bountiful harvest.

To make it even easier for users to learn the ins and outs of DeFi, DeFi Land offers a practice mode where users can learn all about DeFi using fake assets while playing in a guided version of the game.

Brian Lee, a senior executive at Alameda Research – one of the companies that participated in DeFi Land’s investment round – said that DeFi Land is mixing “two of the most interesting things happening in crypto right now – games and DeFi ”.

Huobi Ventures bets big on DeFi games

With a growing wave of institutional capital Flowing into the DeFi space, more and more companies are starting to pay close attention to the sector, and Huobi Ventures is one of them.

The investment arm of the Huobi cryptocurrency exchange, Huobi Ventures, most recently announced a $ 10 million fund which will invest in early stage projects that combine a gaming experience with decentralized financial functionality, i.e. GameFi.

In addition to financial support from Huobi Ventures, startups that take up the challenge will also receive support from Huobi in terms of legal and technical support for their project, not to mention PR and commercial assistance.

Huobi Ventures Director Unica Yin said, “Blockchain technology has the potential to revolutionize the gaming business model and will play a pivotal role in the next generation of games. “

Huobi Ventures also announced a $ 100 million fund dedicated to DeFi projects, which would apparently help Huobi establish strategic mergers and acquisitions in the blockchain and crypto space.

The model play to win

Along with investors and project developers who are fueling the gaming furnace to win, communities of non-fungible token (NFT) gamers and enthusiasts are also joining the fray, as evidenced by recent developments such as Crypto Gaming United and Zebedee successfully closing $ 5 million and $ 11.5 million funding rounds, respectively.

Crypto Gaming United – a startup aiming to build a global community of gamer guilds in the gaming space to win – has raised $ 5 million in an oversubscribed seed funding round. The round was led by leading Australian venture capitalists Mark Carnegie and Chrono.tech.

Crypto Gaming United is an NFT based gaming guild with over 1,500 members. The guild works across multiple gaming platforms, providing gamers with education as well as financial literacy on the digital economy. It earns money by sharing the income generated within sponsored gaming platforms with its members.

Headquartered in Singapore, the guild primarily includes players from South Africa, India and Indonesia with a common theme of players from low-income economies. Since most players are unable to purchase expensive gaming equipment and assets, guild sponsors can provide funding that allows players to generate income. The founders of the guild also recognize that Singapore is a forward-looking jurisdiction in terms of digital assets and cryptocurrencies.

“At Crypto Gaming United, we overcome the cost required for admission to the game, thereby enabling players to generate income from their gaming achievements.” Noted Carnegie.

Crypto Gaming United is not the only organization in the race. Zebedee is also getting in on the action as seen with its Series A funding which collected $ 11.5 million.

Zebedee provides a suite of tools and products that allows developers to integrate Bitcoin (BTC) in their games while giving players access to performance-enhancing portfolios, streaming tools, and other gaming infrastructure.

The game is a tipping point

The relationship between the DeFi sector and the gaming industry is mutually beneficial. On the one hand, players who spend endless hours and money on gaming platforms will now be able to monetize their time and progress. DeFi platforms and the industry as a whole will also have an easy process of onboarding new users, increasing adoption by the general public.

Experts already predict that the game’s trend to win will further blur the lines between financial assets and in-game collectibles that were once considered worthless. This will allow a new generation of gamers to trade in-game assets beyond the gaming platform.

DeFi mechanics allow various gaming platforms to make the gaming experience not only entertaining but also lucrative as players will be able to win by simply playing.

Already, blockchain-based collectors and trading games such as AXIE Infinity and Splinterlands are demonstrating that a game-to-win business model has the potential not only to disrupt the gaming industry, but also to change the way games are played. users learn and interact with DeFi platforms.

Because the video game industry is valued at 175 billion dollars and the DeFi space currently is sitting Out of nearly $ 100 billion in total locked-in value, an intersection of the two industries could be a game-changer.

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