Archive for December 9th, 2022

uniswap

Uniswap launches Airdrop of 5,000 USDC

Uniswap is once again making sound among the crypto society using an airdrop, in this situation, it will distribute free money via USDC stablecoin, all to commemorate the official support of NFTs on Uniswap. According to the developers, this is going to be feasible due to their new open-source worldwide router contract (Universal Router contract), they exclaim that the Uniswap aggregator can save tens of a huge amount of gas units over other marketplaces. Open source as a guarantee Uniswap is committed to being transparent, trustless, and open source. To circumvent the drawbacks derived from opacity, such as the loss of trust in the crypto industry due to examples like FTX, Uniswap is going to be the first huge NFT platform to leave in open all its code. Uniswap distributes free money via airdrop with USDC. Uniswap has confirmed that to celebrate the probability of trading NFT’s on Uniswap they will release around 5 million dollars in USDC stablecoins to certain users, to enjoy this airdrop the customer must have used the NFT Genie aggregator more than once before April 15 or be an NFT Genie holder. Uniswap To qualify for this airdrop the user should have used the NFT Genie aggregator more than once before April 15 or be a carrier of an NFT Genie. The $300 grade is available to wallets that completed well over one transaction before the fast one. The $1,000 grade is available to wallets that held the NFT Genie: Genesis at the instant of the rapid. Regarding Genie NFTs, Uniswap details that eligible users will only be able to expose one unique address, which means that if a customer has several Genie: Genesis NFTs in the same wallet they will only be eligible once. Uniswap’s extension to the NFT and ERC-20 sector Genie, the NFT aggregator was acquired by Uniswap on June 21, in which the decentralized protocol sought to “expand its products to integrate ERC-20 and NFTs” into its offering.

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metaverse

What is the Metaverse used for?

The Metaverse is the evolution of the Internet with virtual spaces linked to each other, where connected individuals will be able to interact in an experiential experience. In the words of Zuckerberg himself, the Metaverse “is a group of virtual spaces where you can generate and explore with other people who are not in the same physical space as you”. The Metaverse will rely heavily on the latest virtual reality (VR) technologies since it will be how users will be able to inhabit these virtual spaces through devices with this technology. Origin of the Metaverse The progress of technology has led to techniques that surprise us today, such as AI (artificial intelligence) or virtual reality, which will continue to evolve, especially towards a transformation associated with the world of the Internet. The concept of Metaverse was used in 1992 in a novel by Neal Stephenson: Snow Crash, which explains a virtual place that converges with the physical. It was not until the emergence of the web and the progress of the internet that the Metaverse became a reality. Facebook was not the first to place the issue of Metaverse in public criticism, many organizations are already investing and generating efforts for the work and promotion of the spheres in these virtual spaces. What is the Metaverse for? The construction of scenarios and virtual universes where each individual creates his or her avatar and interacts with other users is nothing new. Meta is intended to bring together this kind of universe with Internet browsing and virtual reality. This choice takes on particular significance if we analyze that, after a year of pandemic disease and remote work, the company launched Horizon Workrooms in August 2021, which, using virtual reality glasses, enables users to enter virtual meeting rooms to interact with other colleagues. The Metaverse serves to enlarge occupations and remove geographic boundaries, seeking to bring individuals together by simply connecting to the network, where they will be able to interact at a different levels. How the Metaverse works  The Metaverse is already operating today, although they are temporary or exclusive virtual spaces for a specific environment. Organizations, organisms, and individuals develop virtual spaces or dynamics over virtual societies that are already operating. Individuals connect to the Internet and can participate in such spaces and societies in the enormous cosmos of the network. To understand how this works, let’s look at some key insights:

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Brasil-crypto

Brazil approves law to accept cryptocurrencies as a payment method

Brazil does not yet handle Bitcoin as a legal currency, but it has left a better precedent as it has approved a law legalizing cryptocurrencies as means of payment throughout the territory, giving a regulatory boost to the adoption of digital currencies and the extension of the ecosystem. The Brazilian Chamber of Deputies approved a regulatory framework that legalizes the use of cryptocurrencies as means of payment in the territory. The first step towards a crypto world The law is already approved and the only thing missing is the signature of the President of the Republic to be executed, it offers legal character to payments in cryptocurrencies for goods and services, however, it does not provide them with the character of legal tender. It is currently the territory with the most cryptocurrency ETFs in Latin America, and most of the nation’s major banks offer any type of exposure to cryptocurrency investments or similar services. Banks for the change to digital currencies Until today, the public bodies with the most assignments in the area were the nation’s own Central Bank and the National Securities Commission. In addition, the law institutes rules for the performance of cryptocurrency barter platforms and cryptocurrency protection and management services by trusted third parties. The law does not mention positions that are assigned to the issuance of a central bank digital currency, however, the territory has already carried out relevant advances in the matter.

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Cryptowallet

First steps to enter Web3

The first step to enter Web3 is the opening of a wallet. Currently one of the community’s default options is the MetaMask wallet, as this has been the key to access most Web3 applications. This wallet not only gives the possibility to trade cryptocurrencies directly from its platform, but also makes it easy to connect to decentralized applications in a complete way. Opening a wallet is the first step in Web3 MetaMask works as a chrome extension, once we have it installed in our browser, we will see the face of a fox at the top right on the extensions site, click on the fox face, and we can start configuring our MetaMask wallet. From here, you will be presented with a step-by-step tutorial on how to set up your MetaMask wallet. The most important thing during your creation process is to always keep in mind and save your password along with the seed phrase. dApps Once you finish the MetaMask configuration, you have the login key to enter the decentralized applications. For example, if we log into OpenSea, which operates on the Ethereum network, we must make sure that our wallet is connected to the primary Ethereum network. Some exchanges or metaverses will automatically offer you to connect to their network, but for some of them we will have to connect manually, that is why if you need it, MetaMask itself has a section where they help you with this process. Buy crypto in MetaMask To start trading cryptocurrencies, we can do it directly from MetaMask without the need to go through a centralized exchange, such as Coinbase or Binance. However, if you have cryptocurrencies on some of these exchanges, you can easily transfer them to MetaMask by copying the address of the wallet that appears in the main part. The process of trading cryptocurrencies through MetaMask is simple. Once the process has been carried out, in just a few minutes the bitcoins or ethers we have purchased should appear in our MetaMask. This space is important because lately the cryptocurrency exchanges are having a bad reputation for things like what happened to FTX, which is why many people choose not to have their cryptocurrencies there despite the facilities they can give us and have them only in wallets like MetaMask or Cold wallets.

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Telegrmacrypto

Telegram announces it will make its own Exchange

Telegram founder Pavel Durov has made known his desire to launch decentralized cryptocurrency products. Following the bankruptcy of FTX, centralized developments were highly questioned by cryptocurrency users. A plan that seeks to innovate in this sector is Telegram, which through its official Telegram channel, the CEO announced the construction of innovative decentralized tools for cryptocurrency users. “Telegram’s next step is to build a suite of decentralized tools, including custodial-free wallets and decentralized exchanges, for millions of individuals to safely trade and store cryptocurrency.” Telegram gets into the future of blockchain technology At the beginning of October, Telegram launched its service to make transactions with Bitcoin (BTC) and the TON token, which is part of The Open Network, developed by the messaging app. In other words, viable thanks to the @wallet bot, where users can trade these cryptocurrencies with fiat currencies such as the United States dollar, the euro, the Russian ruble, the Ukrainian hryvnia, the Belarusian ruble, and the Kazakhstan tenge. The post that Telegram will launch its decentralized cryptocurrency exchange has been first noticed on BeInCrypto.

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Web3

Is Web3 the future?

The future of the internet seeks more transparency and decentralization, which is why it will be defined by technologies such as Web3, the third version of the World Wide Web. What is Web3? The most critical aspect of Web3 is that it stores all the data on a blockchain, which is a decentralized database. No single organization can maintain control of this database on its own and it is pretty transparent. As a result, individuals can look at the data they find on the blockchain and use it for AI, robotics, finance, and supply chain management applications. Why is Web3 the new thing?  The distributed and decentralized nature of the Web3 network will make it difficult for institutions to control certain information and points. However, you should also consider the positive results of Web3 that there is the possibility of sharing information, helping, and doing business in ways that were previously not possible. Web3 as a new path to the original A few years ago, you might have thought that the Internet provided access to information at your fingertips. However, the Internet has become a hotbed of infinite modalities, with numerous novel subcultures and online societies popping up around every corner. Less intervention Not only is decentralization coming, but Web3 applications also have smart contract functionality. This means that transactions and agreements can be automated and performed automatically, removing the need for trusted third parties to monitor each relationship.

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The-russo-brothers

The Russo brothers are working with Amazon on a series about FTX

After the great scandal of the last few days with the issue of FTX, everyone agreed on something: it was a tape story. Although Amazon has already put the batteries, other platforms such as Apple have already shown their interest in bringing Michael Lewis’s work on the company to the screens. Previously, Disney + brought the Theranos chronicle to the screens with a masterful Amanda Seyfried. And, of course, WeWork and the bursting of its bubble at the hands of Adam Neumann. Although unlike its predecessors, which saw years go by before reaching the screens, the broadcast in this situation will be basically live. FTX a story that has to be told With Amazon, the production will be led by 2 of the best-known characters in Hollywood: the Russo brothers. The creators of one of the highest grossing films in history second only to Avatar, Avengers: Endgame. Now the brothers will have the chance to bring the great FTX story to the screen. Everything points to the same thing that the casting of actors will be a very good one, even having members of one of the Avengers tapes. Amazon would be trying to get the brothers themselves to take over the management. All based, according to Amazon, on reports and stories from journalists who have been investigating the FTX story for a long time. What will be seen on the tape? The story is one that is still being written, starting with a fraudulent use of consumer data and a viable purchase by Binance that ended up coming to naught against some long ago falsified accounts. In addition to Funds to buy mansions for FTX employees, million-dollar debts with creditors, users trying to recover their funds or, of course, an attempted purchase of Twitter before Hurricane Elon Musk arrived a few weeks ago. The Russo brothers have a lot of material to tell a story that doesn’t stop getting inconvenient every day.

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Web3-companies

Big tech companies that are already using Web3

Web3 is rapidly becoming what it is today and there are already large technology organizations that are starting to invest in it by rapidly becoming Web3 organizations. Many major companies and venture capital firms continue to invest heavily in Web3 to avoid being left behind. Here are 5 Big Tech Companies Using Web3 1. Meta Facebook has prominent social networking services like WhatsApp, Instagram, and Messenger. Meta is intended to attract millions of users. According to Statista, at least 2.87 billion individuals used Facebook, Instagram, WhatsApp, or Messenger daily through the second quarter of 2022. Thus, since the switch, Meta has invested in the Oculus Quest, a physical device designed to expose customers to the Metaverse.  2. Shopify Shopify is a Canadian company responsible for millions of online retailers. Shopify CEO Tobi Lutke and even company CEO Harley Finkelstein have already shown their fervor for Web3. “I think the future of retail trading and the business will happen in every single piece, in every single area. It can be offline in a gorgeous boutique or a huge farmer’s market.” Additionally, Shopify has filed numerous patents on augmented reality. This includes one for a body measurement system that uses augmented reality and can suggest precise clothing sizes. Twitter Twitter has its approach to Web3, and several tentative steps are still being taken. As one of the most well-known social media platforms, it could have a gigantic dominance. Using NFTs as profile pictures seems to be an admirable way for NFT owners to show their status, especially people who have subscribed to Twitter Blue, as they will be able to choose an NFT as their profile picture.  4. Spotify The growing number of users made this network one of the largest music streaming platforms in the world. The platform has given many job offers based on web3, which integrate positions for managers, engineers, and professionals in the development of trends. In the musical world, artists like Snoop Dogg, Kings of Leon, and Quick Grimes have already experienced success with their NFT song sales. 5. Microsoft It has partnered with Astar Network to start building the future of Web3 through the Astar Incubation program. Also, Microsoft and ConsenSys started guiding their consumers to Consensys in 2021 after they discontinued Azure blockchain services and started to cooperate. Microsoft has also expressed interest in Polkadot, an additional smart contract technology that competes with Ethereum via the Astar Network. Web3 organizations can experience a new future Without a doubt, Web3 technology will transform the way we interact with the digital realm. However, it is important to consider that moving from Web2 to Web3 will not happen quickly.

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