Criptomarketing

Tipos-de-inteligencia-artificial

Types of Artificial Intelligence that exist

Different types of artificial intelligence offer different ways to make machines think and act like humans. Unlike what we are used to seeing in movies, various types of artificial intelligence are not so utopian and are already all around us. echnology has only helped to carry out the most sophisticated processes, especially in digital marketing.   Automation is one of the main benefits brought to life by artificial intelligence, and it has since changed everything in marketing. Below go the 7 types of artificial intelligence: Artificial intelligence is narrowly defined (ANI). ANI is a more flexible type of artificial intelligence that does not adapt to the requirements of any particular system or machine. Its role is to focus you on one task and engage you in all its complexities. Among its characteristics, ANI is an artificial intelligence with limited reactivity and memory. Moreover, all other models can be considered a variant of ANI. The technical classification is that ANI is an intelligence that cannot reproduce human behavior but only simulates it. Artificial General Intelligence (AGI) Among the types of artificial intelligence, AGI is considered powerful and profound as machines capable of mimicking human intelligence and possessing vast behavioral capabilities. This ability to adapt to different scenarios resolves activities very close to the human mind. Their learning capacity and cognitive level are very high. Super Artificial Intelligence (ASI) This category of artificial intelligence is still being developed and improved, although in an advanced state. This is the model that inspired the movie to create a Terminator-like reality or robot me. The idea is that you can be as smart or even smarter than a human. ASI’s development pipeline strives to make these robots superior to humans in every way. The machines will become better athletes, scientists, artists, and even doctors. Reaction machine Among the types of artificial intelligence, reactive machines are the simplest and oldest known. This is an introductory model with a much more limited capability than the models presented. Its function is very simple. It reproduces human behavior when stimulated. That is, only reactive actions. These machines have no memory, so they cannot learn and manage internal databases to execute what they absorb. Limited memory A machine with limited memory is fully reactive like the previous example, but with the advantage of having less memory available. Naturally, these machines build a small database of the user’s interaction history. Improved memory and improved performance. Memory-limited intelligence bases are still in use today and can be found in facial recognition systems, virtual assistants, chatbots, and more. Theory of mind Theory of mind is a form of artificial intelligence that has been the subject of much research in recent years. As such, the theory of mind is precisely concerned with the emotions, needs, and introspection processes presented by the human mind. In addition to general research developments, this process is also based on understanding the factors in the human mind that lead to different emotions and reactions. Self-awareness Self-awareness is just an idea, a concept that guides the development of artificial intelligence. This is the highest level of development that artificial intelligence can achieve and, of course, it takes time and a lot of effort. The idea is that this artificial intelligence understands all emotions, has its own emotions, and can understand every detail that happens to people who interact with it.

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fideliry-and-the-metaverse

Fidelity seeks new opportunities in the Metaverse market.

Fidelity explores metaverse possibilities and plans to launch NFT and virtual real estate markets. Fidelity’s Durbin says wealth managers have yet to understand cryptocurrencies. Fidelity files three trademark applications and enters the metaverse with big plans. The company capitalizes on key areas such as virtual real estate investing, NFT trading and marketplace services. The company has filed three U.S. trademark applications covering a range of web3 products and services, including virtual real estate investing, cryptocurrency trading and NFT marketplace, among others. According to the filing, the company also seeks investment services for mutual funds and pension funds in the metaverse. “Giving classes, workshops, seminars and conferences in the field of investment and marketing of financial services in the metaverse and other virtual worlds,” the filing said. Metaverse e-payments will also launch, the presentation said, “financial management of credit card accounts in Metaverse and other virtual worlds.” Digital asset trading services on Metaverse will combine NFT, cryptocurrency, and e-wallet services along with financial management advisory services on virtual real estate and referral services. Fidelity’s push into digital assets Fidelity Investment’s push into cryptocurrencies this year has been excellent despite heavy criticism from some policymakers over recent cryptocurrency offerings and market declines. In April, the company announced plans to offer companies and their employee’s access to Bitcoin (BTC) in their 401(k) retirement accounts.

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e-devlet

Turkey to start using blockchain-based ID for online services

Shortly after the Central Bank of Turkey will complete the first test of its CBDC, Turkey launched a blockchain-based digital identity application. A digital Turkey in 2023 Turkey plans to use blockchain technology to log into online public services. e-Devlet, Turkey’s government digital portal used to access a wide range of public services, uses blockchain-based digital identities to verify Turkish citizens’ logins. Turkish Vice President Fuat Oktay announced during the Digital Türkiye 2023 event that citizens will be able to access e-wallet applications using blockchain-based digital identities, reports Cointelegraph Turkey. Turkey is a crypto country Turkey is obsessed with cryptocurrencies, especially Dogecoin, study reveals Oktay called blockchain-based applications a revolution in e-government efforts and added that online services are becoming more secure and accessible thanks to blockchain technology. Users can store digital information on their cell phones. “A login system that works in the realm of digital wallet applications will allow citizens to log in to e-Devlet with a digital ID created on the blockchain network,” Turkey’s vice president said. New blockchain-driven projects could become a reality in more and more countries Turkey has announced several blockchain-encouraged projects in recent years, but very few have come to fruition so far. The country’s plans for a national blockchain-based infrastructure date back to 2019. But aside from a few proof-of-concept projects and a central bank digital currency trial that came after some delays, its blockchain-based ambitions are what they have hopes. Turkey’s Konya cultural center has been developing a project for a city currency that citizens will use to pay for public services, but no further progress on this has been communicated to the public in the past two years.

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social-marketing

Social Media Marketing Predictions for 2023

Social networks have been very active this year, with Meta continuing its gradual decline, TikTok continuing its rise and Twitter in a delicate position. No one knows what will happen, but we can see the potential for real and viable changes next year. Top social networks Facebook Facebook has been the biggest loser because it is the network least engaged with young people, but Zuckerberg says he has plans to get things back on track. More ads and people are recommended by algorithms. This trend originates from TikTok. Instead of forcing you to create your social graph, TikTok focuses on showing the best content of all. Therefore, 40% of the content in your main Facebook feed will come from pages you don’t follow, as Facebook will try to promote content appropriately, giving brands more opportunities to buy ads. Family and friends This could lead Facebook to find other ways to better highlight posts from family and friends. Facebook’s main differentiator, TikTok, calls itself an “entertainment platform” rather than a social networking app. The reason Facebook has lost its popularity is that people no longer use these applications and, therefore, have moved away from the social element. Avatar integration Meta wants people to get excited about the Metaverse. One way they are doing this is by integrating digital avatars in more places within their app. By promoting the use of avatars as a form of digital identity, we can encourage more people to participate through digital personas, which are an important part of participation in the Metaverse. Ads in DMS As mentioned above, with increasing participation in DMs, Meta will place more emphasis on tools to help brands embrace this shift. Meta recently highlighted the growth of click-to-message ads on both Messenger and WhatsApp to encourage this behavior, and marketers are pushing for even more advertising options to appear to match this overall shift. Virtual reality. Another way Meta is facilitating changes in the metaverse is through VR posts, including the already announced option to share from VR to Reels. We expect Meta to offer new VR-sharing options, such as video chat and direct publishing options, to help show people what they are doing and what they are missing in their VR space. Augmented reality experience With many already in Metaverse, Meta is looking to promote another stage of development: augmented reality glasses and publications. This will bring many new features and experiences within the app. If Meta can jump in soon and take this space, it could be a big boost to their plans for the broader Metaverse, and we can also expect Meta to start encouraging more AR tools on Facebook and Instagram. Instagram Instagram is eager to fend off competition, and it seems to have succeeded so far, as the app recently reported that it now has 2 billion monthly active users. However, it will continue to operate by copying all the trending features from all the trending apps to ensure that Instagram maintains its position as a major social app. Here’s what could be coming to the app: More content is recommended by the algorithm. Like Facebook, Instagram is also leaning toward AI content recommendations to maximize user engagement, though it’s still not exactly a welcome addition. Right now, it doesn’t seem to be working, but Instagram wants to show people more of the best content from across the app, with a particular focus on highlighting creators, which is also seen as an important driver moving forward. Next-level integration. Instagram is expected to incorporate new ways to create content in 2023, including AR publishing, 3D, and further integration of NFT art. By providing creators with more ways to create and perform this next-level art, Meta can help guide them as they create in the metaverse. AR and more interactive ads This is where new opportunities arise for brands, such as augmented reality advertising and interactive ad formats, which will engage users in entirely new ways. Direct buying While not yet launched, Instagram is still experimenting with in-person shopping, which has been hugely successful in other markets. If this gains more traction, it could become a big source of revenue for the app, in addition to increasing its in-stream commerce capabilities. Twitter Musk has laid out some vague plans, none of which appear to be finalized, but which also appear to replace entire app management and engineering teams. This means anything is possible and unprecedented in Twitter’s past. Here’s what you can expect from Twitter: A new push for subscriptions. Musk has repeatedly said he wants to use subscriptions as a way to increase Twitter’s revenue, but he also wants to provide another layer to keep bots out of the app. Variable Algorithm This is one of Musk’s pet projects, implementing ways to help users better understand how algorithms determine their Twitter experience and choose the algorithmic elements that influence their tweet feeds. It gives users the option to control their experience. To the point. Freedom of expression. Another factor Musk repeatedly points out is the commitment to “freedom of expression” in apps, allowing any kind of free speech within the law, rather than applying limits or restrictions based on internal parameters. Payment opportunity. Musk is exploring the possibility of using his platform as a means to facilitate payments, possibly through cryptocurrencies. Cryptocurrency could have great potential to launch Twitter as a new banking service, which could facilitate all new types of money transfers, commerce, product advertising, and more. Longer Tweets Musk plans to integrate longer Tweet options to allow more types of posts to be shared within the app. Longer videos as well. LinkedIn The professional social network continued to post “record levels” of engagement throughout the year. LinkedIn is poised for continued growth, and in 2023, you can expect the platform to provide more data and more links to LinkedIn learning courses to enhance its offerings. More data to guide job seekers. LinkedIn has the largest database of career and professional information ever created, and

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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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we3-connections

Key features of Web3

Web 3.0 talks a lot about blockchain, the internet of things, and AI. This new generation of the Internet will influence websites, applications, and all kinds of devices that manage to connect to the Internet. In this new version of the web, the client becomes more protagonist, allowing greater connectivity between devices and individuals, and giving them greater control over their data and information. The personalization of Internet services is key to understanding what Web 3.0 is. What does the evolution of the network offer? 1. Intelligent searches: Web 3.0 seeks to create a new system for classifying web pages closely linked to the needs and characteristics of users. 2. The evolution of social networks: Social communities on the Web are growing, as are the ways of connecting to these networks both in number and in the level of complexity. 3. More speed: The main telecommunications operators have implemented broadband connections to guarantee a more satisfactory user experience. 4. Connectivity through more devices: Web 3.0 improves the possibilities for users to connect through cell phones, tablets, watches, and more devices. 5. Free content: Free software and ‘Creative Commons licenses are much more common in Web 3.0. Three-dimensional spaces: There will be new ways of visualizing the web, with three-dimensional spaces. 7. Geospatial Web: Users can access information available on the web-based on their geographic location. Ease of navigation: New design trends seek to establish certain standardizations that make the user’s browsing experience easier. Cloud computing: The web becomes an executable space as a universal computer. 10. Data linking More and more information services can aggregate data from other sources to unify the answers they provide to users.

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cryptoarena

Withdrawals at Crypto.com increase after its CEO admits a transaction problem

Many users decided to withdraw their funds from Crypto.com over the weekend after the company’s CEO mentioned that the cryptocurrency exchange had mishandled a transaction of about $400 million. Crypto.com CEO Kris Marszalek commented on Twitter that the transfer was sent to the wrong type of account on another exchange. Fear runs fast Concern over Singapore-based Crypto.com spread across the Internet over the weekend, with prominent digital currency figures aiming for the company. Changpeng Zhao, CEO of Binance, Crypto.com’s most enormous organization, appeared to question the nature of the transfers without naming the company, which may have fueled Sunday’s withdrawals, according to cryptocurrency industry players. Marszalek dismissed concerns about Crypto.com, tweeting later Sunday that the October transfers had “created both fear, uncertainty, doubt and speculation on Twitter” weeks later. Several users have withdrawn their cryptos with values in the millions. On Sunday, users withdrew a net cost of $14 million worth of the cryptocurrency ether and $39 million worth of other tokens linked to the Ethereum network from Crypto.com. Throughout that same time, Crypto.com moved $33 million of other wallets to satiate consumer demand, according to Argus. Firngía that Crypto.com possessed sufficient funds to satiate user withdrawals, mentioned Owen Rapaport, co-founder of Argus. Crypto.com is a medium-sized exchange. The transaction that caused concern for Crypto.com involved the transfer of 320,000 ether or about $400 million of the token at the time to a wallet associated with cryptocurrency exchange Gate.io on Oct. 21.

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google-and-solana

Google becomes a Solana validator

Google Cloud, made it known Saturday that it is now running a validator on the Solana blockchain and quickly adding functionality aimed at welcoming Solana developers and node brokers. In a Twitter thread, Google Cloud revealed that, in addition to running a Solana validator “to participate and validate the network,” it is planning to bring its Blockchain Node Engine to Solana in 2023. “We wish to one-click to carry out a Solana node in a cost-effective manner,” Google’s Web3 product manager Nalin Mittal commented at the Solana Breakpoint conference in Lisbon. Google Cloud further made it known that it is now indexing Solana data and adding it to its BigQuery data repository, a move that will “make it easier for the Solana developer ecosystem to get into historical data.” Mittal added that Google Cloud is bringing its credit program to “select startups in the Solana ecosystem” with up to $100,000 in Cloud Credits accessible to applicants. On stage at Breakpoint, Solana founder Anatoly Yakovenko celebrated Google’s “huge encouragement” in adding Solana to BigQuery.

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twitter-wallet

Twitter is developing its own wallet for depositing and withdrawing cryptocurrencies

Twitter is set to dive further into the world of cryptocurrencies with its wallet that will let users make cryptocurrency deposits and withdrawals. Cryptocurrency adoption is on the rise as organizations across the globe continue to increase their efforts to make it easier for people to access digital assets. A New Wallet On October 25, stability researcher Jane Manchun Wong revealed that Twitter is doing work on a wallet of its own that will accept cryptocurrency deposits and withdrawals. For 2 years, Twitter has introduced numerous functionalities regarding cryptocurrencies along with the accession of decentralized applications (dApps) on the web3. Big plans for cryptocurrencies Earlier this year, online payments organization Stripe enabled functionality that allowed Twitter users to receive payments in stablecoins. “We want everyone on the planet on Twitter to have access to avenues to receive payments.” In May, Binance, the world’s largest cryptocurrency exchange, pledged to invest $500 million in Twitter along with the purchase of part of Elon Musk. The Binance collaboration could bolster Twitter’s attempts to build a cryptocurrency-friendly social media platform.

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crypto-and-blockchain

How to make a cryptocurrency?

Initially, generating a cryptocurrency was quite difficult to do. However, currently, there are different platforms and projects that allow us to produce cryptocurrencies quite easily, we can even count on companies in charge of marketing crypto projects that can help us with this. We comment on the steps to know how to produce a cryptocurrency: 1. Consensus algorithm In Blockchain this algorithm is the mechanism used to choose the convenient state of a record after making a transaction. In this way, this becomes the truth that all nodes must follow. 2. Blockchain network An important choice is the blockchain network that we will use for your trading. Some of the most prominent platforms are: 3. Nodes Here we have to decide how the blockchain is going to work and design, will the permissions be private or public? Will the hosting be in the cloud, on premises, or both? What will be the hardware details needed to run? 4. Blockchain backend Here we will have to have ready the way of how things are designed, such as the address format that your blockchain will follow to exchange between different cryptocurrencies without an external intermediary. 5. APIs Some platforms don’t provide predefined APIs, so make sure you have your own. 6. Interface You must ensure that the web, FTP servers and external databases are the most current and that the front-end and back-end programming is done with future updates in mind. 7. Legal project Before launching the project, we must be sure that our cryptocurrency is prepared and complies with the laws that will quickly become the regulations of the entire cryptocurrency world. Conclusion We hope that these steps will help you to understand in a very simplified way the way in which you can create a cryptocurrency, if you need more help, do not hesitate to contact us to help you make your cryptocurrency project a reality.

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GTA-6-and.crypto

GTA 6 may be introducing Crypto into its gameplay

A leak has confirmed that the new GTA 6, which is already in development, may include cryptocurrencies that players will be able to earn and trade this cryptocurrency. In-game trading In GTA 5, players already had an approach to the stock markets by accessing BAWSAQ and LCN Exchange by selling and buying shares on the stock exchange. In addition to that, they already had stock market assassination missions which were launched by Lester. Now with the new GTA 6 leaks, it looks like there may be new ways to make money through cryptocurrencies. While it all seems to be a rumored leak, a confirmation came directly from Rockstar Games, which, as early as last February, stated the following: Cryptocurrencies in the gaming community: While it seems that a version of cryptocurrencies will be brought to GTA 6, it remains to be seen how they will work in general within the game and in what form they will be valuable. We hope they think well about the tactics with which they are going to include the currency in the game since it is not the first time that a game lived a series of problems when using virtual bitcoins within its plot and anchor to the price of BTC, as was the case of Escape from Tarkov. The game used physical bitcoins, an internal currency that could be sold according to the real BTC price anchored to the ruble price with a 5:1 scale. Because of this Escape from Tarkov faced serious problems in the difficulty of its gameplay, as players were just mining bitcoins to make more money, totally breaking the plot for which it had been developed. Conclusion: This news can be something that brings us a lot of hype and it is valid that we can get excited about the arrival of cryptocurrencies in an AAA-style game, we have to keep good expectations until we understand how it is going to work.

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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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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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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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lost-bitcoin

What are Lost Bitcoins?

It is believed that almost a third of the bitcoins in circulation remain lost in a kind of virtual limbo, of people who in the early days of bitcoin bought and now that it had its price increase, do not remember the passwords to their wallets. The data was published in the Wall Street Journal and shared by Chainalysis. In the data, it is found that between 17% and 23% of existing bitcoins are inoperative or forgotten on the Blockchain. These estimates are based on a study on the blockchain where all bitcoin records are stored. According to their calculations, there may be between 2.78 and 3.79 million bitcoins lost in the network. The figures refer to those that have been lost and for the moment have no possibility of being used. Those that were hacked or stolen, are not taken into account as they are still in control of the coins. The results are shown below: 30 and 50% are out of circulation 100% original coins 2% in sales and purchase 2% strategic investors We see that between 30 and 50 percent of the bitcoins in circulation have the possibility of being lost, which would mean a total of 2.56 million bitcoins. It is also estimated that each of the cryptocurrencies originated by Satoshi Nakamoto has disappeared. This implies that the creator(s) of the world’s first cryptocurrency has not moved the estimated 1.04 million bitcoins he has to his credit. Statistics also estimate that 2% of the cryptocurrencies that were spent or moved wallets have been lost along the way for simple reasons such as poorly worded delivery addresses. The same percentage of lost coins are in the “Strategic Investors” category, which is those who have held more than 1 or 2 years to see if their cost increases. Everything suggests that the first miners could not have tasted that they were going to be worth both, so they do not seem to have put so much interest in remembering the passwords and as it went up the precautions grew and the miners began to take it more seriously, but meanwhile, the first passwords were forgotten and the coins are stagnant.

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devaluacion-cripto

Is there devaluation in cryptocurrencies?

Inflation is a monetary phenomenon whereby the costs of consumer goods rise as a result of a loss in the cost of currency. Currently, people are talking about a viable uptick in inflation. Conventionally investors have saved themselves from this phenomenon by investing in gold, silver, or real estate. But then is Bitcoin a viable alternative to safeguard against inflation?  What causes inflation? The increase in the proportion of circulating money is the root cause of inflation, even though it can occur through other mechanisms in the economy. Monetary authorities such as the European Central Bank or the US Federal Reserve can increase the proportion of money by printing new currency, thus legally lowering the cost of legal tender. Does inflation produced by central banks hurt cryptocurrencies? major of 21 million, not one more and not one less. This is known as the “Programmed Scarcity”, which gives the BTC an issuance path that has been stipulated for 11 years and is managed until the year 2140 when it will stop generating new Bitcoins for the rest of its life. The creation of bitcoins is halved every 4 years (Halving). Today 900 BTC are created or mined daily. And in 2 more years, in the year 2024, this number will be halved again. Finally, what is happening is decreasing inflation in Bitcoin, as its supply is tending to shrink. But, simultaneously, we have growing demand, concluding in costs that tend to increase in the era. Bitcoin (BTC) currently has an inflation rate of only 1.8% per year; almost half the inflation rate of Chile and Colombia, let alone Argentina. This programmed scarcity, and halving, makes the cryptocurrency have one of the lowest annual inflation rates in the world, and every few years it will be even lower.

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cardano

Scientific blockchain project: Cardano

Cardano the first blockchain, considered a scientific one and a third-generation blockchain for its scalability and stability, under a layered design that gives flexibility, ease of maintenance, and the possibility of updates through soft forks. Its scientific approach and peer-reviewed academic research offer a cryptographic development capable of producing a large volume of financial transactions with stability guaranteed by cryptography. What refers to the scientific blockchain designation is: Its development starts from a scientific philosophy and is developed by a universal team formed by academics and engineers of the blockchain society. Its differentiation from other blockchains is that its 2-layer composition works to make smart contracts more flexible, giving developers the ability to tailor their design, privacy, and execution mode. Cardano teams are developing a new programming language for developing Smart Contracts on the CCL, Plutus. To support developers, Cardano will include a referenced library of Plutus code for use in dApps. The blockchain also has a KMZ Sidechains protocol that makes it possible to securely move funds from the CSL to any CCL or external blockchain that uses the same protocol. With Cardano, in addition to the aforementioned layers, you can leverage the overriding regulatory compliance and low KYC (Knows your customer) pricing and reach millions of unbanked individuals. A final advantage of Cardano is that chains like Ethereum add a sequence of components that endow the blockchain with more scalability and interoperability. We conclude with the fact that this blockchain has a very interesting strategy and is betting on sustainability, but there is still a lot of work to be done to popularize the concepts behind it.

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redes-sociales

Crypto Marketing: Algorithms in major Social Networks

Social networks have changed a lot over time, but the most important thing has been that they went from being a simple space where you share moments, thoughts, ideas, and photos with your friends, to a space where companies, entrepreneurs, brands, and where we saw the birth of personalities influencers, use every day as a trading channel, and that with cryptocurrencies appearing we have a new way to share our new projects. Much of this change is due to the way the social network behaves and what we see in them, all this is thanks to its algorithm, which used to be a simple algorithm but today are search engines for digital marketing and these are the ones that give us what content we will see more and what less, based on what we give “likes” to and with the publications with which we interact. For a cryptocurrency marketer, tasting what each user likes is a difficult task to find the best strategies to attract the audience, so it is important to know some of the main characteristics of the algorithms of the social networks that are most used to understand how to best optimize this information to the advantage of the company in each social network. – Facebook algorithm: Facebook posts are not seen by all members of a community or the page they follow. Facebook’s algorithm manages an initial reach that seeks to measure the engagement that this generates with which it calculates the exposure to the number of users and as long as there is interaction, Facebook will understand that it is interesting content and will show it more. – Twitter algorithm: In the Twitter algorithm the content is prioritized which is the content with which the user is more involved and the one that shows in the timeline of “while you were not, in the same way, Twitter takes into account how active the account is and seeks that the publications that are shown serve to create an engagement. – Instagram algorithm: Instagram posts are measured according to likes and comments to measure engagement, the time the post was made, and how many times the post was shared. The algorithm also takes into account what a user usually views and interacts with regularly Conclusion: Algorithms are something that you have to take importance, since knowing how they work is that you can encourage publications, especially if these are for cryptocurrencies that normally people see a little less but knowing the algorithm we have a way to be able to use them in our favor.

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