Archive for Luca Zollino

beeple-studio

Beeple, the most popular NFT artist, will open a physical studio to exhibit NFTs.

Mike “Beeple” Winkelmann created a lot of buzz in the industry as he broke a record $69.3 million at a Christie’s auction last year, and followed up with a Time magazine cover Now it’s back again to bring the planet of NFTs closer to an even larger number of individuals by establishing a real-world analysis that will host exhibitions. The idea of the studio for digital art In a thread of tweets, Beeple wrote that the space is going to be a great exhibition not only for his artwork, but for the entire digital art society. “Getting together and experiencing digital artwork on the real planet is something I think will help attract the next wave of collectors,” he wrote, “and that’s exactly what we need to get through this bear market.” Beeple shares that what he wants is to teach the population that this work of art can be shared and appreciated in real life “you will see that this medium is like any other with the function of bringing beauty, causing thoughtful controversy, and really getting excited.” The popularity of beeple Beeple gained notoriety for the first time as a digital artist who posted artwork daily, as well as a graphic designer whose concert artwork was used by Eminem, Katy Perry and Justin Bieber. When the NFT market began to expand in late 2020, Beeple began selling his artwork, immediately breaking records in the process. What can we expect from this? This is another new opportunity to show that the whole idea of ​​NFTs and cryptocurrencies is something that has its origins in the digital world. We can also find a way to make sense of it in the physical world. We hope that this idea of ​​a physical NFT studio will build trust and bring more people closer to this world.

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NFT-trading

How do I join NFT trading?

While the profitability of NFT trading is no longer the same as it was a year ago, it is still possible to continually increase your capital. It is important to keep in mind that this new environment is highly volatile, still in its early stages of development, but still with an exciting, enlightening future, and with a dynamic global reach. Expand your social media with information from NFTs Twitter is the channel where you can get information about any NFT, where you can find out about new projects, and what members of the NFT community are saying about them. Check out whom the most popular collections follow and based on that, many platforms serve as an NFT release calendar or join discord servers of knowledgeable users Beware of FOMO When you get into buying and selling NFT assets, you will be exposed to a lot of hype from different new projects that may or may not be quite profitable in the future. One piece of advice we can give you for sure is to be a person aware of this hype when deciding to enter into trading NFTs amidst the Twitter noise. Look for the best crypto pick While the Ethereum network is the most famous network that houses the largest collections of NFTs, it is the most expensive of them all. Thus, if you want to trade an NFT from the Opensea.io platform, you will have to add to the cost of the NFT ($200) an additional transaction or fuel cost (gas fee) that will vary according to the demand at the time. So keep in mind that the price at which you buy the NFT is not necessarily the final transaction price. Look for opportunities in other networks  In both marketplaces, there are 2 iconic collections because they were among the first, Degenerate Ape Acadamy for Solana and Spacebudz for Cardano. While they are less popular than Ethereum, the cost per transaction or fee is negligible, with values ranging under 2 dollars in Cardano’s situation per transaction.  What type of NFT do you like? If you are one of those who want to collect 1/1 art from independent artists you should consider that the return on your investment may take longer than with a collection of 10,000 NFTs with an average of 2-3500 collectors per collection. Conclusion Being an NFT collector and trader is very exciting, but it is important to be well informed and be careful with excessive hype before starting to make investments, as well as taking into account that although we can get a return in a short time, most of the time it is not and it takes time so you have to be patient.

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damien-hirst-burns-art

After selling NFTs Damien Hirst burns his own art worth almost £10 million

After selling a sequence of non-fungible tokens (NFT´s) in the past, Damien Hirst has started burning many of his own physical works of art. Another artistic action Hirst was asked what it felt like to burn his artworks, and he replied that it felt good, which was better than he thought. The coin is Hirst´s first collection of NFTs, made up of 10.000 NFTs, which translates to 10.000 original works of art he launched last year. The Newport Street Gallery in London reported that buyers were given the option to opt for the digital or physical work. Of all the buyers, 5.149 chose to get digital works, while 4.851 bought works without a frame. As consumers were informed earlier this week, the first 1.000 untraded NFT artworks would be burned on Tuesday, this was shared by Hirst with his instagram followers earlier in the week. The Turner Prize winner and his assistants livestreamed the act as they placed the pieces on the gallery´s mantelpieces with tweezers as they were stacked in front of the viewers. For the burning, a camera was used to record the unique code of each work of art that Hirst burned before being burned, this with the idea of ​​keeping a record of each piece burned before being burned. Why did he decide to burn his tokens? There has been a lot of criticism of Hirst for his choice to shred his own prized artworks during a time when there was a cost-of-living crisis. Last July, put up for sale a collection of 10.000 NFTs, priced at $2.000 each; each one corresponded to a real-life work on paper. Hirst gave collectors a year to enjoy their NFTs, but in the end they had to make the decision to keep digital or physical art In the end, the results were 4.851 holders of NTFs, and 4.851 physical works to be consumed by the flames The 10.000 physical works were displayed in the gallery, stacked in transparent slides towers, for those who chose the physical works to collect them. Once collected, these works are replaced by translucent black and white slides. The others are taken out one by one and go up to the oven room. Some critics have accused him of being a master of publicity, as he previously gained fame during the Young British Artists movement in the 1990s. In addition, he is considered one of the most controversial artists in Britain today.

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how-to-make-money-with-crypto

How to make money with cryptocurrencies?

Currently when we talk about cryptocurrencies there’s already a wide variety of options to generate money with them without spending a lot of time, as with trading. For these ways, it is enough to know what are the market options that provide passive income and choose the one that we like or are most interested in. What are passive incomes? Passive income is a way to make money on a regular basis without having to devote a lot of your attention to it. In other words, they are produced by themselves through an initial investment and there it ends. Basically, instead of the savings being stagnant, it just increases With cryptocurrencies, there is a wide variety of investment options that generate passive income for experts and beginners alike. Let trading work for you Trading is definitely the most well-known way to trade and generate income with cryptocurrencies. The point is that the ones that really generate short-term income through trading are the ones that are aware of currency movements 24 hours a day. There are some platforms that allow you to set automatic values ​​of which when it drops to a certain amount it is bought automatically and when it reaches a high value it is sold in the same way. So this way trading is done for you. Stacking of your cryptocurrencies Staking through proof-of-stake, an activity that allows you to lock up your cryptocurrencies to contribute to the mining process. In exchange for this, you can get rewards. The blocking time is set at the beginning, either flexible or for a determined fixed term, this can be done with different crypto currencies and variable amounts. Conclusion: It is important to remember that all investments are not risk free. That is why we remind you that everyone has to do their complete research before putting money in, above all, never put money that we cannot afford to lose.

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aegirls

Aespa k-pop band to launch NFT collection

The popularity of NFT advances further in the entertainment industry with collaborations such as the one that is happening between Aespa and the artist Blake Kathryn. Entertainment Duo Launches Exclusive NFT Collection Connecting Dotts has achieved a cooperation between visual artist Blake Kathryn and K-Pop girl band Aespa to present a unique collection of NFTs. The K-Pop ensemble is a 4-member band with online avatars. Each NFT piece in the set will include the personality, identity, and signature of the respective band member along with their avatars. The developers combined the creativity of the works of Blake Kathryn, demonstrating futuristic resources of the famous NFT artist. SM Entertainment highlighted that, from the beginning, Aespa is an organization focused on the future. The collection and collaboration The collection is called “æ girl” and it is a beautiful design done in collaboration with Blake Kathryn, the famous female artist in the web3 space. As a consequence, this expands Aespa’s collaboration in the Web3 industry, according to SM Entertainment. Commenting on the involvement with Aespa, Blake Kathryn indicated that the partnership to develop the “first-of-its-kind NFT Collection” with the K-Pop ensemble is a pleasure. The release captures the properties of the band members, which is a good idea, Blake Kathryn added. The adaptability of NFTs in different environments NFTs have become adaptable, opening up more ways for collectors and enthusiasts to interact with their favorite artists, said Michael Bouhanna, director of NFTs and digital artist at Sotheby’s. The participation reflects how NFT and digital arts have the potential to bring the digital and physical worlds together, Bouhanna said. K-pop represents a powerful cultural tool that society can take advantage of to offer acceptable meanings to things around them, says Rita Magnus, MD at Connecting Dotts.

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Google and Cointelegraph team up to enable crypto payments

As discussed by the company some users will be able to pay for cloud services using cryptocurrencies such as Bitcoin and Ethereum through Coinbase early this year. Google also plans to explore the use of Coinbase Prime, an escrow service for storing and trading cryptocurrencies. Coinbase for its part announced that it will move some of its data-related applications from Amazon Web Services to Google’s cloud. For the time being, cryptocurrency payments will only be accepted from a select group of customers already active on Web 3.0 through the Coinbase Commerce integration, said Amit Zavery, vice president and general manager of Google Cloud Platform. He further stated that, over time, the service will be offered to more customers. Conlusion: Google has started to take a big step, and possibly thanks to this we will be one step closer to the fact that we can start buying various things with cryptocurrencies since there are many services that can be paid for by points from the play store. Hopefully, this movement will awaken other platforms such as the apple store or PayPal.

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crypto-ad

Cryptocurrency advertising

This is the situation of cryptocurrencies, a form of payment that almost no one is unfamiliar with, but which was not yet fully regulated. For this reason, the National Securities Market Commission (CNMV) has decided to regulate the advertising of cryptocurrencies once they are shown as an investment object. Cryptocurrencies with the financial system The advertising of cryptocurrencies goes in that the more understanding by the greater part of the population the greater the provocation for various banking entities or organizations to encourage their users to invest in cryptocurrencies. The CNMV estimates that in several of the campaigns the client is invited to invest in a product about which he has hardly any information or knowledge of its dangers. Thus, cryptocurrency advertising will have to use clear and simple language so that users can understand the message clearly, impartially, and with no intention of lying to them. What should cryptocurrency advertising be like? First of all, you should avoid referring to the profitability that can be obtained with your investment. And, in case of doing so, it will be essential to indicate a specific return time, which cannot be less than one year. It will be essential to make it quite clear which product is being advertised, thus avoiding confusion with other more famous ones, such as Bitcoin. Likewise, it will be essential to indicate the entity responsible, the territory in which they will be stored and the legal framework to be used in that case. What are the problems with cryptocurrencies? For the CNMV, crypto-assets are a high-risk investment product. Regarding stability, it is estimated that the process could be susceptible to attacks that attempt to change the data in the chain; although in this sense, varying a blockchain (or blockchain) could be somewhat difficult for the practical integrity of users. But, should they be able to circumvent the process, users could lose all of their crypto assets. Conclusion: Every day we see that many companies are starting to join the world of cryptocurrencies and NFT, these new projects come with different advertising campaigns. But it is important to be careful and before getting fully involved with the project, we must be fully informed of what is going on and as always never put money that we can not afford to lose.

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NFTplatform

Where can I sell NFT?

At the beginning, Open Sea was the most known platform for buying and selling NFTs if it wasn’t on Open Sea, it didn’t generate the same trust. But nowadays we already have different platforms for NFTs and not only NFTs from the Ethereum network. We mention them to you below: Mintable: Backed by Mark Cuban, it is a platform for buying and selling NFTs that is working to become an open marketplace, similar to Open Sea. It uses the Ethereum network but one of its advantages is that it allows you to create them without charging gas and you only need to connect your cryptocurrency wallet Rarible: It is considered the second-best platform to buy and sell NFT after Open Sea. It has a clean and clear interface, which makes it possible to know which NFTs are trending and an area to explore topics you like. The platform not only makes it possible to market or sell NFTs but for creators, it even makes it possible to get royalties of up to 50 percent on future sales (although 5 or 10 percent is common). Ethernity: Ethernity is a platform that makes it possible to market exclusive and reduced-version NFTs, with a particular focus on sports, such as soccer or soccer. Ethernity provides 2 mechanisms to market an NFT: an auction or if an owner of one that has been traded on the platform wishes to sell it. The platform keeps 75 percent of the sale price, both of which are given to the artist. There are personalities such as Messi or Luis Suarez on this platform. OpenSea: OpenSea, which defines itself as the largest NFT platform, gives a diversity of non-fungible tokens, such as artworks, domain names, and collectible cards, among others. Digital objects comply with ERC-721 and ERC-1155 standards – which endorse veracity and exclusivity – in collections such as Axies, ENS (Ethereum Name Service) domain names, CryptoKitties, and Decentraland, among others. In addition to auctions, Open Sea makes it possible to sell items at fixed costs. Valuables:  This has been the platform of choice for Twitter founder Jack Dorsey to auction the first-ever tweet for $2.9 million. You can check ongoing auctions or enter the link to any message and rule whether you want to sell it or buy it. Conclusion: We hope this post has helped you learn about a few extra options to what the Open Sea and Rarible are. But as we always remember that this post is not an investment recommendation, it is up to each one of us to do our research to taste where it is more convenient for us to invest.

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funkoxgot

Funko x Game of Thrones Digital Pop Packs

Funko has teamed up with Game of Thrones to bring the Mother of Dragons from wax to digital. On October 4 at 18:00 UTC, Funko released Series 1 of their Game of Thrones Digital Pop! packs. Find your favorite characters like: Jon Snow Tyrion Lannister The Hound Daenerys Targaryen Which will arrive digitally bringing with them six exclusive physical collectibles. What is the release like? Funko drops always take place at 18:00 UTC via the Droppp platform, and the Game of Thrones drop took place on October 4. The queue always starts an hour earlier, at 17:00 UTC, so for an upcoming drop, it’s worth joining as early as possible. At 18:00 UTC, the queue will be randomized so everyone has a fighting chance. How much do the packs cost? There are two types of packs available: Standard Packs (5 NFTs): $9.99 USD. Premium Packs (15 NFTs): $29.99 USD Payment can be made by credit/debit card, Apple Pay or Google Pay. What do the packs contain? Each pack contains a variety of Digital Pop! Cards which we can find in 8 possible rarities, with a slightly higher probability of pulling a Premium Series NFT. For rarity odds, visit the Digital Funko website. Next, the way to get a physical version of the pop is as follows: With a Legendary or Grail NFT, keep it until February 1, 2023, and you will get a token that you can exchange for a physical version. If you manage to complete your Royalty Collection (obtained by getting one of each of the Common, Uncommon, Rare, and Epic Digital Popes in this edition) you will also be able to redeem an exclusive physical Jon Snow Wild from the 4,500 available. For the latest information on future NFT releases from Funko, join their Discord, follow their Twitter feed and visit their website.

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veefriends

Veefriends the NFTs that became toys

Characters that were born as NFTs are now being sold in physical form at two iconic toy merchandising sites: Macy’s and Toys “R” Us.  VeeFriends revealed that its physical collectible plush and vinyl characters will be sold exclusively at Macy’s and Toys “R “Us. Veefriends ranks 20th in terms of all-time NFT collection sales, with about $240.15 million in sales as of the collection’s launch. You can pre-order now Everyone has the ability to pre-order by taking advantage of the Macy’s mobile app, at each Toys “R” Us location, and through the shop.befriends.com website. The Characters There are different characters that we can find them starting at $9.9 in surprise form as a loot box, plushies at $24.9, and vinyl collectible figures at $29.9. The characters are: Common Sense Cow. Willful Wizard: Mago Obstinado Practical Peacock: Pavo Real Práctico Gratitude Gorilla: Gratitud Gorila Genuine Giraffe: Jirafa Genuina Be The Bigger Person: Sé la persona más grande You will be able to know their stories when you acquire them. If you own the NFT you can get it for free. In addition, according to the report, pre-existing Veefriends NFT holders are eligible for a free physical figure. “Veefriends wants to bring value to our NFT community: not only will they get first access to claim the collection, but they will also get priority access to in-store events,” commented Andy Kraniak, president of Veefriends.

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NFTs

What can be converted into NFTs?

As we have mentioned before in our blog posts, we identify NFTs as non-tangible assets that can be bought and sold. It is the market and people who attribute a value to them even though they are not objects or services but simply fully digital assets that do not deteriorate through use and can be replicated without deterioration, these can be anything from a meme, an MP3, a skin for a video game. Imagination is our only limit. That is why we will show you a list of the most curious NFT to demonstrate that anything can be: The first-ever tweet. The flying cat meme: Nyan Cat “Morons white” by Banksy. Daft Punk by Lohan. The first NFT album is the new work of the rock band Kings of Leon. Virtual furniture. Shoe filter. Gucci sells virtual sneakers in NFT format. Time covers. Artwork Everyday: The First 5,000 Days, the most expensive NFT ever sold. The doodle of a bridge. Pringles and Taco bell with cyber flavors and taco gifs. Coca-cola with their friendship boxes. Conclusion: NFTs are undoubtedly big e-commerce and virtual commerce trend where huge amounts of money have been moved. There are already many different collections as well as many unique items that are available in the form of NFT, if you have a great project idea contact us and we can help you. Imagination is the only limit.

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types-of-cryptocurrency

The top 5 types of Cryptocurrencies

The year 2009 marked the beginning of the cryptocurrency era, starting with the first of them all, Bitcoin. From that date until today, competitors called altcoins to continue to be added. To the point that to date there are more than 3000 different types of digital currencies in the market, which offer us different things and it is important to taste which are the most popular types of cryptocurrencies and which are vital to know before investing. Below, we present the ones that are considered to be the main cryptocurrencies: Bitcoin Bitcoin was created in 2009 by an anonymous personality under the pseudonym Satoshi Nakamoto. Its main goal was to be used as a payment method that is not affected by government oversight, transfer delays, or transaction fees. Currently, its use is mainly as a form of investment, but its high volatility prevents it from being a legal alternative to fiat money. Ethereum Its chain enables it to generate applications based on blockchain technology, as well as its tokens. Ether takes care of granting the primary fuel to process the network’s decentralized applications. And, transaction prices are calculated based on their difficulty, bandwidth, and storage. It is considered the most important after bitcoin, plus the implementation of smart contracts is what put it here. In its network is where we can find most of the NFTs. Dogecoin Currently, 128.2 billion DOGE are in transit, and each coin is divided into 100,000,000 decimal places. The virtue of this cryptocurrency is that it is cheap because one coin costs only $0.05037. Dogecoin mining rewards have decreased from $1,000,000 to $10,000. Cardano Every single transaction is persistently, securely, and transparently recorded on the Cardano blockchain. Each ADA stored in the digital wallet can be ordered in the pool or hypothecated to the same pool to increase the possibility of earning rewards. One of its attractions is that anyone who owns Cardano owns shares in its network, plus this blockchain is considered scientific and one of the most eco-friendly out there. Litecoin The Litecoin virtual currency is an open-source peer-to-peer currency. This means that Litecoin’s source code is public and anyone can access it. It is an open-source, fully decentralized, universal payment network and an administrator-free transaction system. It is a project that has stood out for its transparency in the function of each of its stages. Conclusion: We remind you that in no way this top is this an investment recommendation, it is up to each one to do their research and never invest money that we can not allow ourselves to lose. This top is to publicize the cryptocurrencies that are considered the most important for what they have brought to this decentralized world and because their projects have stood out.

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doj-and-celsius

Latest News: DOJ opposes Celsius’ plans to resume operations.

The Department of Justice (DOJ) has filed an objection to Celsius’ motion to reopen withdrawals from some of its customers and sell its stablecoin holdings. What are its reasons? The DOJ claims that the state of Celsius’ finances lacks transparency and that they prefer to wait for the independent examiner’s report before making a decision as big and heavy as this one. The Texas Department of Banking and the Vermont Department of Financial Regulation, also object to Celsius selling its stablecoin holdings, claiming there is a risk that the company could use the capital to return to illegal operations in violation of state laws. Where did the objection occur? On September 30 in a filing with the Bankruptcy Court in Southern New York, William Harrjiington a DOJ trustee gave the objection to Celsius opening withdrawals to its “custody” and “holding” clients, citing a lack of transparency about the firm’s finances. In his arguments he commented that such withdrawals should not be opened until the independent examiner’s report: “The Motions are premature and should be denied until the Examiner’s Report is filed. First, the Withdrawal Motion seeks to impulsively distribute funds to a group of creditors before a full understanding of the Debtors’ cryptocurrency holdings.” The DOJ has also objected to a potential sale of stablecoins, highlighting “what impact such a distribution or sale would have” on the business going forward “Second, the stablecoin motion seeks to liquidate stablecoins held by the Debtors without providing information about ownership, segregation, or the impact of such a sale on subsequent distributions to creditors who may have stablecoins on deposit with the Debtors” Who is the examiner for the case? The U.S. trustee appointed Shoba Pillay as an examiner on September 29, and the New York bankruptcy court approved the appointment the same day. This examiner will have two months to file the report on Celsius, which is expected to provide a clear breakdown of its assets and liabilities. Conclusion: Hopefully, this will be a wake-up call for all cryptocurrency companies that operate in a suspicious manner or lack transparency with the customers of their movements.

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crypto-and-money

Are cryptocurrencies real money?

Although their name may have the word “coin” in it, cryptocurrencies are not considered real money, since they seek to separate themselves from their fiduciary counterpart. Another characteristic of cryptocurrencies is that their value depends on their acceptance and the movements they have in the market. Finally, it is digital money and it is stored digitally, so its regulations are also different in each country since they do not have a financial system that regulates bitcoin or these currencies, and even in some places, they have been considered illegal. How are cryptocurrencies taxed? This can be somewhat complicated to comment on since, as mentioned above, each country manifests them in different ways. If one thing is certain is that the purpose of cryptocurrencies is to be decentralized so as long as they remain in your digital wallet and through equally digital payments they do not present a real problem for taxpayers. But this is different when we talk about withdrawals in the real world, many exchanges allow you to withdraw your cryptocurrencies to real currencies such as the dollar or the euro, so if one day you find yourself in the need to make a withdrawal, if it is very large it will be quite sure that you will have to find a way to declare it. Many sites help you keep a record of your buying and selling transactions that can help you in case you are asked to make a declaration one day. What can I buy with cryptocurrencies? Nowadays it is easier to find things that can be paid for with cryptocurrencies we have a blog that talks about what we can buy with bitcoin, but below we leave a list of things you can buy with cryptocurrencies. Electronic products. Software services. Video games and entertainment. Flights and tourist experiences. Gift cards. Charitable causes. Restaurants Conclusion: It is clear to us that cryptocurrencies are not currencies or money that are related to the typical economies of the world Some currencies like bitcoin have a behavior more like trading and when the major shareholders decide to withdraw from this market will be an imminent collapse, so it is important to be aware of the market and never invest what we can not afford to lose. And finally, we can already use these non-real coins to buy real things and also to make withdrawals but it is important to keep in mind the regulations of our countries to not commit illegal things.

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meta-crossposting

Meta introduces NFT crossposting and shareability on Instagram.

Meta, the company in charge of social media on Facebook and Instagram, announced another advancement in its digital arts initiative. As of this September 29, users in 100 countries on both platforms can connect portfolios and share NFT. Users will now be able to tag creators and collectors and post-digital collectibles across platforms without having to pay any fees. This feature had been in testing since last August, where some users could have the opportunity to share digital collectibles they own on Facebook and Instagram. The company now has support for third-party wallets such as Rainbow, MetaMask, Trust Wallet, Coinbase Wallet, and Dapper Wallet, along with support for Ethereum, Polygon, and Flow blockchains. Several Twitter users expressed concerns about the security and privacy of data shared when connecting their digital wallets to Meta’s platform at the time as a data breach had occurred. With Meta entering the NFT market, we would now have 3 of the major social networks allowing their users to share NFTs and we hope this move will give many people the opportunity to enter this world.

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crptoscam

What are the most common Cripto scams?

In the world of cryptocurrencies, scammers are always coming up with new ways to attack and scam people who are not careful or who are new to this world. So if you are interested in this world, it is important that you know the risks and the most common scams so that you can detect them in time and easier. There are many types of cryptocurrency scams. The most common ones include the following: Fake websites These websites try to have a name or domain similar to popular or somewhat well-known exchanges but with some small differences, even internally they look very similar. These fake cryptocurrency sites operate in one of two ways: Phishing:The data you enter such as your cryptocurrency wallet password or recovery phrase and other financial information ends up in the scammers’ database. Like outright theft:  A site that tricks you by promising you a large return, but when you later want to withdraw your money, the site may close the application and even disappear at some point. Phishing scams This scam seeks to go straight for the private keys of cryptocurrency wallets. One of the methods that go hand in hand with the one mentioned above is sending an email to capture the recipients and make them enter the fake website and requests your private information, as they have it they steal the cryptocurrencies from the wallets Inflate and sell strategies This happens by promoting a particular coin or token through emails or social media, this way people log in and inflate the price. At this point, the fraudsters sell their holdings, which causes a drop in the asset’s value. Fake applications Another cryptocurrency scam is through fake apps available for download on Google Play and Apple’s App Store, which promise a way to make easy money through cryptocurrencies. Fake celebrities behind the scheme Sometimes, cryptocurrency scammers pose as celebrities to grab attention and sell phantom projects that don’t exist to inexperienced investors. Gift scams They happen when scammers promise to match or multiply the cryptocurrencies sent to them in what is known as a one-time opportunity gift scam. Fraudulent Initial Coin Offerings (ICOs) An initial coin offering or ICO is a way for cryptocurrency startups to raise money from prospective users. Customers are promised one-time profits, exclusive costs, and the opportunity to sell at a higher price at launch. But it ends up being a project that does not exist or has no real basis and after receiving the initial investment they abandon the project. How to Detect Cryptocurrency Scams Now these are some of the things you have to notice about a project to realize that it is a possible scam so it is better to take these precautions Promises of assured returns A mediocre or non-existent technical white paper Excessive and bad marketing Anonymous team members Free money or exaggerated gifts How to protect yourself from cryptocurrency scams We also share with you some extra barriers to being more secure Protect your wallet with well-thought-out passwords Invest in projects you understand Beware of misleading advertising Ignore cold calls Download apps from verified sources Research Conclusion: When navigating this world we recommend you be careful where you put your money, we remind you that it is important regardless of whether it is a scam or not when investing we never have to do it with money we can’t afford to lose.

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Who is BEEPLE?

With the NFTs, new artists emerged who sell their digital works for incredible amounts, this is the case of Beeple. Where did he come from? Beeple is the artistic name of Mike Winklemann who is a 39 years old graphic designer who lives in Northern California, he has made graphic works for great artists of the show business like Justin Beiber and Shakira, in the same way, some of his works were incorporated into the spring collection of Louis Vuitton and on the other hand, he worked in campaigns of great events of Apple, SpaceX, Nike, and even the Super Bowl. But despite this impressive list of work Winklemann thought he could earn more by selling digital material on the internet. Someone told him about NFTs and how they ensure that a digital file is not interchangeable and has an identity of its own and a possibility of authentication. How did you get started with NFTs? Winklemann became very interested in NFTs because they were a perfect fit for what he wanted to do, so he started researching how they work, engaging with artists in this medium to taste everything in depth. Once he had gathered the information he started working on his own NFTs and in December he put 21 NFTs on sale for one day at the price of one dollar, those who had the opportunity to buy them immediately began to sell them, achieving a price of half a million dollars in one week. Being an NFT a portion of each sale goes into Winklemann’s pockets, this further encouraged him to continue creating his artistic works. His masterpiece Thus came his largest project called every day’s – The First 5000 Days, which was a work of 21,069 x 21,069 pixels that brought together 5,000 images creating a collage, each image was daily for just over 13 years according to the author “the individual pieces are arranged in a loose chronological order: zooming in reveals images that are abstract, fantastic, grotesque or absurd, deeply personal or representative of the present day. Recurring themes include society’s obsession with and fear of technology; the desire and resentment of wealth; and America’s recent political turbulence.” The work was auctioned at Christie’s with a starting price of 85 euros and over the course of the day, it achieved a record 57 million euros, making it the third most expensive work of art ever auctioned at Christie’s by a living artist. Undoubtedly this fact made a difference in the art world NFT.

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crypto-and-real-state

NFT and real estate

The Propy platform auctioned the first NFT property and achieved $93,000: this transaction will revolutionize the real estate market. The significance of the process is as follows, the property’s Ethereum-based NFT, which stores smart contracts, includes those lines of code that describe the set of rules that must be followed before it can be unlocked and money can be transferred. For those familiar with real estate, smart contracts may resemble the receivership of an NFT property, which represents a legal agreement in which a third party temporarily stops the transfer of money or property until a special condition is met. Selling a property in NFTs: the future of electronic contracts? As NFTs are ultimately digital certificates, they also certify ownership, which facilitates the digital transfer of your ownership rights to the new owner. Subsequently, the sale is recorded on the Ethereum blockchain, thus minimizing paperwork and avoiding a transfer of ownership through a conventional act, in which case NFT certificates minimize paperwork. Once the process is completed, the new owner of the NFT becomes the owner and, therefore, of the asset itself, as this process is repeated each time the NFT is attached to the asset. Conclusion Not only can NFTs help ‘tokenize’ property by simplifying contracts, but they can also help homeowners use their homes as collateral for loans without the complicated approval process.

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tiktok-and-crypto

The uses of TikTok in the cryptoworld

During the pandemic and isolation, people were looking for ways to pass the time so young and not-so-young people spent that time on their social networks but even this was not enough so they began to try other applications in this way they found the platform called TikTok. Which was having an accelerated growth of users and downloads, surpassing platforms such as Facebook, Instagram, YouTube, and Snapchat. What is TikTok and where did it come from? It was launched in September 2016, and its development only lasted 200 days, its growth was accelerated in February 2017 it registered a total of 66 million active users per day and in October 2018 it had already exceeded 130 million. This is also due to the functions that the application offers such as creating, editing, and uploading 1-minute music selfie videos, being able to apply various effects, and adding a musical background. It also has some Artificial Intelligence functions, and includes eye-catching special effects, filters, and augmented reality features. It was in 2020 when its growth was amazing, since in the first months it reported 1.5 billion downloads in the App store and Play store, and today it has more than 800 million active users. Tiktok already has a brand value of $43.516 million. Tiktok and crypto Related to the crypto world TikTok was both reserved and even hostile since it banned its creators and influencers from generating or promoting content about cryptocurrencies, and financial services, among others. But currently, the cryptocurrency content on TikTok is quite varied, having people generating millions of views when talking about NFT and other cryptocurrencies, promoting and talking about their portfolios. Even influencers like Khaby Lame have already partnered with exchanges like Binance. Conclusion Tiktok is a network that has too much reach, as with the right video features, this can achieve a lot of people. But we have to be careful as while people can have many views, their interactions can be varied from video to video. At The Blue Manakin, we have a list of TikTok influencers that can be useful for your project, contact us.

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church-donations

Swiss evangelical church, accepting donations in various cryptocurrencies

Cryptocurrencies have reached everyone, including the church, which has not wanted to miss out on this new economic landscape and has already announced that it will accept the payment of tithes and offerings in bitcoin or other cryptocurrencies. Specifically, the International Christian Fellowship (ICF) one of the largest evangelical churches in Switzerland has decided to take this first step. According to the pastor of this church, Nicolas Legler, the decision is because most of the members of the parish are usually young people very familiar with the technology. Therefore, to adapt to the new uses, they have decided to modernize the ways of financing. “Cryptocurrency will be implemented as a standard, be it bitcoin or other state-controlled currencies. We are convinced that this technology will become an increasing part of our daily lives. Twenty years ago, no one would have believed that the Internet would determine our lives so much. This is a sign of the times,” explained Legler. Donations can be made in several cryptocurrencies: bitcoin, Ethereum, ripple, and stellar, a list that may grow as other virtual currencies grow. Although the decision of this Swiss church may seem novel, the truth is that it is not the first parish to accept donations in digital currency. St Martin’s Anglican Church in London decided in 2014 to accept payment of donations with these new currencies. A QR Code is installed in the worship center that parishioners can scan to access the payment platform. There is no doubt that churches have decided not to lag and are taking into account the benefits that cryptocurrencies can bring. We can only wait and see if cryptocurrencies will be able to replace donations in fiat currency.

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