cryptocurrencies

Forks

Software development: What are forks?

In software development projects, a fork is the creation of a project from the source code of the main one to reuse code to speed up the development process. Something similar happens in cryptocurrencies since forks are used to clone the code of a cryptocurrency and create a new cryptocurrency from it or, on the other hand, to update the existing code; this can happen voluntarily or accidentally. Remember that the algorithm of a given cryptocurrency establishes parameters to work peculiarly, because these are executed in decentralized networks, all parties must use the same rules and work together correctly to preserve the history of the blockchain. There are different types of forks that are used depending on what we want to do, among which we find: Soft fork or soft forks. They are characterized by small adjustments or changes that are compatible with previous versions so it is not necessary to update all of them since the previous blocks are still readable. Rough forks or hard forks. These occur when developers make mistakes when making a new fork to update or fix bugs. Such an error causes the creation of a second blockchain which causes outdated nodes to reject transactions. In conclusion, forks have a considerable impact on the cryptocurrency ecosystem both positive and negative. Since just as forks create and enhance crypto assets, they can also create drama, increase risks, and fuel uncertainty within the community.

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bagholder

What does it mean BagHolder?

Those investors who have been doing hodl for a long time are known as Bagholders. Many times bagholders reach this level because they bought the coin when its price was high, thus keeping tokens that are worth little or nothing while hoping that it will go up again. Cryptocurrencies being a very volatile market, it happens that there may be large price fluctuations, just as every day new investors arrive eager to generate income at the moment. Even a percentage of Bagholders are people who have forgotten about their investments and have left them where they are. Bag holding is not something negative as it belongs to a term in the crypto world that refers to not selling your coins no matter how bad the market is because there is always the probability that it will go up again, this term is the Holding. We at The Blue Manakin always recommend that before making an investment in the cryptocurrency market we have to do our market analysis and never invest an amount that we cannot afford to lose. The cryptocurrency market has many changes so sometimes future investments are better than short-term ones, but it is up to us to take that risk.

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bitcoin-escasez-programada

What is the Bitcoin Programmed Scarcity?

One of the most curious features of Bitcoin is that the highest number of coins it can produce is predetermined since its creation at 21 million Bitcoin. This may be because the creator of Bitcoin (under the pseudonym Satoshi Nakamoto) determined that he wanted to generate a deflationary currency, like gold. If something is naturally limited it is more likely to have a cost. If Bitcoin could be produced indefinitely and out of control, it would have no cost (or could be quite temporary). Limiting their number increases the possibility that this asset, being limited, could eventually have a larger value. Now, what will happen once the 21 million Bitcoin limit is reached? Currently, about 16 million Bitcoin has already been mined, which is 75% of the final cost. It is believed that by 2032, 99% of the Bitcoin will have been mined. Bitcoin’s Halving is the process where every 4 years the reward that miners of the currency receive, decreases and it is less profit that they get in the long run this will make the costs of mining Bitcoin more expensive and there is a strong possibility that the number of miners that exist will decrease. With this in mind, as the production rate is going to be lower it is expected that this number will not be achieved until 2140 once the last Bitcoin is mined. Finally one of the reasons why Bitcoin has both values is because of its scarcity. This is why Bitcoin is more like a cost pooling asset (like gold) than a means of payment like a currency.

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P2P

What is the P2P system?

A peer-to-peer network is a different way of networking because it does not use a server station, but rather each “server” computer is the people who contribute to this system. A peer-to-peer network, peer-to-peer network, peer-to-peer network or peer-to-peer (P2P) network is a network of computers in which all or some aspects operate without fixed clients or servers, but rather a series of nodes that behave as equal to each other Moreover, they act simultaneously as clients and servers concerning the other nodes in the network. P2P networks allow the direct exchange of information, in any format, between interconnected computers. To participate in this peer-to-peer network, the user has to connect to the network through the software on his computer, which gives him the possibility of participating as a client or as a server; it is a decentralized model because, as already mentioned, there is no central server. Many applications such as Spotify or Napster started this way as a peer-to-peer network, but because offering music or movie services through decentralized servers is considered piracy, the model was changed. It was also due to Spotify’s growth that they decided to create a central server to offer the service. One of the advantages offered by this system is that each user can manage their equipment, without the need for technical knowledge, because everything depends only on the software and the number of users who are using it to have a greater reach. Although everything seems to be good it also has some disadvantages and the main one is that, although you do not have to have technical knowledge about how it works, you have to be very careful because if you do not have an antivirus system on your computer you can introduce the virus to the peer to peer network and have access to the information of all users who are within the network. Cryptocurrencies and blockchain technology use a P2P network so we at The Blue Manakin care to explain how this system works as it is something you will come across many times while browsing the crypto world.

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altcoins

What are the Altcoins?

Altcoin is a term used in the crypto community to refer to all currencies other than Bitcoin. These are made using forks of the open source Bitcoin. Each altcoin has its blockchain and its P2P network and uses its mining algorithm such as the classic Prof of Work or the recently applied Prof to Stake. The altcoins find their value in supply and demand, so we can find them in the financial markets. The point is that the vast majority of altcoins we cannot use them to make a transaction or acquire any good or service unless we convert them into Bitcoin or a Fiat currency. What are the advantages and disadvantages of Altcoins? In their advantages we can find: Decentralization: These currencies do not depend on any kind of third-party institution for their realization and distribution. Utility: Each altcoin project is realized with different bases and missions which help to bring more to its value. Innovation: With the experience of what has worked and what has not worked in bitcoin, altcoins have from where to find ways to start strong and with functionalities and specifications that contribute to the community. On their disadvantages we have that: Liquidity: All altcoins have a lower value than bitcoin and many do not leave the pennies on the dollar, so we have to be very careful. Massive failures: There are thousands and thousands of altcoins that we have not even heard of and surely will not hear of since there are very few projects that usually sound or are within the top of cryptocurrencies. In The Blue Manakin, we will always explain the most popular terms in the world of cryptocurrencies, so you can check our glossary if at any time you find yourself in doubt of the meaning of some words that you can find when browsing throughout this community.

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blockchain for babies

Blockchain for babies

Chris Ferrie, a faculty member at the University of Sydney’s 2019 Quantum Software Centre, has written a book to explain from an early age to an infant how blockchain works. Titled Blockchain for Babies, the curious idea became a reality. The book has 12 pages and can be found in hardcover and paperback format. The book uses fairly simple language to be able to describe the necessary details a little person needs to taste about blockchain technology. Ferrie said: “The intention is not for the child to come out of the book and run an ICO.” But this book comes to be part of several books which are made to explain complex topics to young children that likewise have been written by Ferrie, within these books we can find: Quantum Physics for Babies,  General Relativity for Babies,  Rocket Science for Babies y  Newtonian Physics for Babies. Ben Munster, the writer of Decrypt, described his vision of the book, from the position of an adult rather than a newborn. Munster said: “It starts with the image of a ball, which I get. then it says the ball can be bought for a coin, which I also get. then it says the coin is now “invisible,” which I understand to mean it’s on the blockchain, but I only understand it because I write about this stuff every day, unlike most babies. then it explains how the blocks of transactions fit together like jigsaw puzzles, with fraudulent transactions that can’t fit together, which is a nice idea.” The reality is that while this book is for “babies”, it is useful for people who are not in this world to understand how blockchain technology works in a way that is too simple you could apply the saying “I’ll explain it to you with apples” only in this case it is with puzzles. While this can be taken as a joke, any kind of education for this world is welcome and if a book that explains it simply can be the first step for people who want to get into this space, it is quite good for us.

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dApps

What are dApps

dApps are a type of application that is based on a decentralized network because the nodes that interact with the application are used as several servers instead of a central one. DApps is the acronym for Decentralized Applications. Decentralized networks work with a network of computers in which users have full control over the operation of the network. DApps allow people to access different services securely without worrying about being tracked in any way. These applications can use as nodes computers, and smartphones, or can even be accessible from the web. To taste what a dApp looks like, we must think of an ordinary application, in this category we have applications such as YouTube, Facebook, Twitter, and even Instagram. In all these services there is a network of central servers. This allows companies to decide what can be seen or not in these applications according to them to give it more “security” by taking neutrality. The dApp concept is nothing new because there have been several over time, but the most popular applications have been BitTorrent and DC++, both with peer-to-peer systems to share files without worrying about censorship because there is no way to track the server. However, the quintessential dApp that describes exactly how they work on a blockchain is Bitcoin because how its users and structure assign perfectly describes the function of dApps. But with the arrival of Ethereum in 2014, the Solidity language and the ability to create Smart Contracts made dApps massive, so thanks to these 3 things dApps started to become popular in the blockchain, allowing new ways of interaction between users, the real and virtual world. The dApps and traditional Apps have many elements in common, however, the difference lies in how they interact with those elements. Both types of applications have three basic structures: the frontend, the backend, and the data storage layer.

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Social media

10 Top Crypto Influencers

Cryptocurrencies have become very popular in recent years, this is due to many reasons, but undoubtedly one of the most important has been through famous personalities in the medium that have made the voice of the crypto world. Crypto influencers are people who through their knowledge have been able to vouch for various projects that in some way have been successful. These people can make a project resonate around the world or remain as an idea that was just executed. But who are the most influential people? Now we will show the 10 people who resonate the most in this world: Vitalik Buterin Co-founder of Ethereum, Bitcoin magazine, and is one of the youngest crypto millionaires in the world. By following him you can have the latest on crypto and blockchain as he often shares opinions and articles that help more to understand these topics. Roger Ver  He is one of the first entrepreneurs who started to accept crypto as a form of payment and to adopt blockchain technology and has invested large sums of money in cryptocurrency-related startups. He is known as “Bitcoin Jesus”, Roger Ver was one of the first promoters of Bitcoin in 2011. On his feed, we can find the latest updates about bitcoin and the crypto world, with a touch of words of wisdom Andreas M. Antonopoulos He is the author of books explaining Bitcoin and the blockchain industry, such as Mastering Bitcoin: Unlocking Digital Currencies, Mastering Ethereum, and The Internet of Money. He is also known for being an advocate of Bitcoin and blockchain. Through his posts on his networks, we can learn more in-depth about the bitcoin and blockchain industry, just as he always does in life, and interviews that help educate on this world. Tim Draper Known for his forecasts on the price of Bitcoin, as well as his support for this particular digital currency. He is the founder of the venture capital firm Draper Fisher Jurvetson and Draper University, Tim Draper has invested in Skype, Tesla, SpaceX, Twitter, and Coinbase. With him, we can find opinions about bitcoin and cryptocurrencies, as well as new coin opportunities. Charlie Lee Founder of Litecoin and director of engineering at Coinbase is one of the most trusted sources of information about cryptocurrencies and how they work He also shares many updates about bitcoin and cryptocurrencies, but he also usually does so by sharing memes and comics with topics related to this world more humorously. Anthony Pompliano He is known as one of the pioneering supporters of Bitcoin and is the founder and partner of a hedge fund specializing in blockchain technology and digital assets. He is widely followed on all his channels, not just on Twitter. He shares discussions about bitcoin and cryptocurrencies, he also likes to talk about technology, business, and finance. Erik Voorhees founder and CEO of ShapeShift, one of the world’s leading cryptocurrency exchange platforms He is one of the most important voices, on Twitter, he always shares his ideas and on the medium, he shares articles talking about bitcoin and other topics. John McAfee  Ventured into cryptocurrency territory and has taken to Twitter to impart his analysis on the cryptocurrency industry and its multitude of developments. He is the developer of the famous antivirus and on his Twitter, he shares updates on bitcoin, along with analysis he does on its development. Tone Vays He is a financial and blockchain advisor who runs channels on various platforms and social networks On his networks, he talks about a variety of topics that address Bitcoin, including Bitcoin trading, Bitcoin law, and Bitcoin news. As well as some life lessons on the context of bitcoin and cryptocurrencies. Ivan on Tech Content creator specializing in blockchain technology. In his networks, he shares often with humor, his opinions about cryptocurrencies and Bitcoin and Ethereum updates. At The blue Manakin, we can help you get in touch with the best influencers to help promote your cryptocurrency project since we have a complete database and we can adjust to what your project and budget need.

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Where to find crypto influencers to hire?

When we have a project based on blockchain such as cryptocurrencies, it is necessary to seek all possible means to spread the idea and mission of our project. One of the best ways is by voice, and what better than the voices of people who know about it, such as influencers specializing in crypto. The problem is that sometimes it is difficult to reach them or find one that serves us according to a good relationship between the number of followers they have and the interactions they generate. Now we will share some ways in which we can find and hire influencers for our crypto projects: Follow them on their channels: Contact their agent: Many times crypto influencers and in general influencers have agents that support them to see all their collaborations, so they may be the only way to reach them. Through a marketing firm: Many times crypto influencers and in general influencers have agents that support them to see all their collaborations, so they may be the only way to reach them. Through a marketing firm: Many times influencers are in some way affiliated with a marketing agency, and these have a large repertoire of influencers that they always work with. So it’s pretty sure that if you connect with a marketing company you will save yourself a lot of trouble when looking for influencers At The Blue Manakin we have a list of influencers specializing in cryptocurrencies for your cryptocurrency project, plus we support you to manage your networks and attract people to your project.

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cryptocurrency

How to promote Crypto

Today there are thousands and thousands of cryptocurrencies, so the real differentiator that can exist from one project to another is undoubtedly apart from what it is focused on or the reason why the currency has been created, is its marketing campaign. As we have mentioned in other entries of this blog, we must have marketing specialists who know well the medium of cryptocurrencies in the most popular social networks Sometimes tactics change from project to project, and especially if we are talking about an NFT collection or even an ICO, now we will share some general ways in which we can promote our cryptocurrency on social networks that should be used. The networks and platforms for cryptocurrency promotion are: Twitter:   Twitter will be one of the main means by which you will share everything relevant to your project, here you can share important data and tell what the project is about. Unlike NFTs, the language we should use is a little more serious, since investments in cryptocurrencies are so. For cryptocurrencies, promoters can still be used, but if you have to be more careful since there are usually fewer and since we cannot find so many, we have to select the best ones. Verifying that their engagement is good and not very different from the numbers of followers they have, normally with them you can handle airdrops, Rt, QT, and different tracking dynamics. Twitter ads also work to attract more people, but it is better to first share them through promoters. Instagram: Instagram is still the space where we can have a more personal twist on the project, here we can focus on sharing the mission for which the coin exists through different publications. In the stories, we can share the same as on Twitter different data and statistics about the project and its mission. We can also contact promoters to upload stories and publications, promoters should also verify if they have the turn of cryptocurrencies and not NFT. Newsletter: Unlike with NFTs, with cryptocurrencies, we can manage an email subscription, which we will use mainly to send visual updates on how the project is going. Also, this newsletter can be used as a form of communication to get collaborations with more serious companies and people whom we will see as investors, in the same way, you can share a fairly illustrative newsletter that talks about the project in general and invite you to contact us to talk more in-depth. Linkedin: This social network will help us to promote our project more seriously, also making publications talking about the project, here sharing a little more information as a way of mini-blog. The main thing is to seek to form relationships with people and generate networks of opportunity. Telegram: Cryptocurrency groups on telegram are more common than those of NFT since while they use discord as their main means of communication, with cryptocurrencies it is better to have a direct approach with the people who are buying and investing in our asset, so a telegram group with your loyal investors comes in handy. This is where people will first find out about the latest status of your project and the publications we will make on the different social networks. At The Blue Manakin, we have the tools to support you to make an effective promotion plan for your cryptocurrency project, apart from the fact that we already have a base of influencers and specific promoters of projects with cryptocurrencies, quote us.

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socials and bitcoin

Crypto influencer marketing agency, how does it work? Blue Manakin

Having our own NFT project, one of the most important things we have to do is to find ways to promote it, as we have discussed in other posts of this blog, can be done in many ways but one of them is through influencers and promoters dedicated to the crypto world. Sometimes finding influencers that work can be a complicated task, since it is not only to check how many people follow them but we also have to keep an eye on how their interactions are going in the last month to make a good diagnosis of whether what they are asking for is worth it. Another complication when looking for influencers is that they answer us, sometimes being a project that is starting we can take time to contact influencers. That is why one of the best options we can have is to look for an agency that already manages several reliable influencers, many times marketing agencies already have ready collaborations. So how does it work and what are the advantages of a crypto influencer and marketing agency? There is no need to be searching: As long as you have an agency dedicated to your marketing, ask them if they don’t have a list of influencers. Statistics: The catalog or list of influencers should have all the updated data and statistics of all the influencers they have, so you won’t have to get lost in all the numbers of an influencer to check how their interactions are going Collaborations: With multiple influencers being part of the same agency, it’s easier to have collaborations with them in different ways. Price: The good thing about having an agency is that from the beginning you make a budget with them that can include some influencers, this is good since you don’t have to have one budget for marketing and another for hiring influencers. Here at The Blue Manakin, we have all kinds of influencers and promoters with whom we have worked and with whom we maintain good working assignments, contact us to ask for your budget for your project.

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crypto marketing agency

Crypto Marketing Agency: How to choose the best one?

Moving through social networks to promote our projects can be complicated if we do not know how to do it and much more complicated in a new world such as crypto, which is gaining more and more popular so it is important to start positioning ourselves. That is why it never hurts to allocate a little of our budget to a marketing agency, especially one focused on cryptocurrencies and NFT projects, so we can have a greater reach and that investment will be recovered. But how can I choose the best one out there? Here are a few tips: Knowledge and experience. Take a look at the track record the company has had, normally a good marketing company will have on their website the projects they are working with and have worked with. So you can review how those projects have fared, how their social media has been handled, and if the company has managed to make sold-outs. Compliance When talking about the crypto and NFT world, marketing changes. We may think that the tactics for a normal company may work, but the reality is that everything is handled differently. A crypto marketing company notices this difference and will take advantage of it to deliver the work plans on time, always complying with the rules of the crypto world Connection with the crypto community and NFT Hand in hand with experience, the more an agency has been in this world, the more ties they generate. In the end, all projects in this field seek to create a decentralized society, so support between projects is essential. When reviewing the projects with which the agency you are looking for works, check if they have had collaborations with other people and projects in the same field. Relational commitment In this world things are not handled as a simple you hire me and I’ll do what I have to do, the agency you hire must have a commitment that goes beyond just delivering. The pride of generating a sold-out and the assignment with the founders of the project is important, we are looking for the same objective, so the project must be worked as if it belonged to the agency. Check how the agency is talked about with its past projects and in this way you can realize this commitment. Budget Sometimes we think that an agency can be expensive, but being such a volatile market sometimes it is necessary to make adjustments. Look for the agency that best suits your price. But it is important to see both are worth giving a little more knowing that in the end, you will get back even more. An agency that is truly interested in moving forward with a project that it sees as a future will give you more than one good budget option. Professionalism and credibility Before spending your money, check the networks and the website of the company you are going to hire, do thorough research, and review previous projects. But verify that everything that is proposed to you is real. Also talking about your project, having a marketing company helps to generate more trust with your target audience because they will notice that there is a real interest in the project. The crypto and NFT world is a world in constant change, having a marketing company will help us to survive this. In The blue manakin, we have all the above shown, quote with us, and let us show you that we are worth it, because we are not only part of your project, but we will also work as our own, always looking for your good.

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bitcoin pizza day

Fun facts in the crypto world: “Bitcoin Pizza Day”

If you are a crypto enthusiast you probably taste that every May 22 is celebrated Bitcoin Pizza Day. This is the day on which Laszlo Hanyecz, a programmer from Jacksonville, Florida who, considering the historical maximum to which the currency has reached, spent 3.9 billion dollars in bitcoin to buy pizzas. Well over 10 years ago, Hanyecz posted on the Bitcointalk forum that he would pay 10,000 bitcoins for two large pizzas. The man ordered his 2 pizzas from Papa John’s, as promised, and paid with 10,000 bitcoins which at the time cost him about $41. However, the clever programmer is proud to have played a fundamental role in the construction of the universal phenomenon that bitcoin has become over the years. This is one of the first Bitcoin transactions, the man said that his primary goal that night was not so much to buy a pizza as to prove that goods and services could be exchanged for BTC, as with classic fiat money, and to contribute to the adoption of the cryptocurrency, adding that: 9 months after the purchase, Bitcoin achieved parity with the US dollar, making both pizzas worth $10,000 and in 2015, the fifth anniversary of the Bitcoin Pizza Day, both pizzas were valued at $2.4 million. Despite the astronomical increase in his pizzas, and in the cost of Bitcoin, Hanyecz seems unrepentant.

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crypto Whale

Bitcoin Whales who are they?

In the world of cryptocurrencies, various scales have become popular, in which most use different animals to pigeonhole the many investor profiles. The largest investors in digital currencies are known as “whales” It is customary to call such players with a minimum of 1,000 BTC. Several of them are known, such as Pantera Capital or Coin Capital Partners, even if other influential addresses are not known. It is complicated to know to whom the addresses belong or whom the entities hold the largest portions of Bitcoin. However, reports provided by analysts and professionals allow speculation as to who might qualify for this set of giant fish. So a whale is an actor that trades vastly more money than the average investor so they possess the power to manipulate it up or down. As an example, when whales begin to hold their bitcoins for extended periods, it indicates a good future for the cryptocurrency and there is speculation of a rise in its cost. The opposite may also happen. Once whales massively sell an asset, other smaller investors tend to continue the trend, and consequently, it can cause a drop in the cost of the currency. Not only can monumental organizations be known as whales, but some have speculated that there are individual investors, popularly known in the crypto world. One example is Satoshi Nakamoto, who is the first to mine and hold this asset and is believed to have around 1 million bitcoins. Other known investors who could receive the title of whales are the Winklevoss twins, who in 2013 mentioned having 1% of all Bitcoin and who could currently collect more than that. The whales as a group have not diminished, but they have increased, so they will continue to accumulate large amounts of bitcoin and act as holders for a great period more. Other denominations to know are as follows: Shrimp: less than 1 BTC Crab: between 1 and 10 Octopus: 10-50 Fish: 50-100 Dolphin: 100-500 Shark: 500-1,000 Whale 1,000-5,000 Humpback whale: more than 5,000 bitcoins Many times while navigating this immense world, we may come across terminology that we don’t know or fail to understand so here at The Blue Manakin we will do our best to help you understand this vocabulary in the crypto world.

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ICO

What is an ICO (Initial Coin Offering)?

An ICO is the initial offering of a coin and has to do with the financing of a project that aims at the birth of a new cryptocurrency. An Initial Coin Offering is a fairly popular funding process in the crypto world whereby the developers of a project offer an early token sale to the public to raise funds and develop the token project. If we contribute more money to the ICO, more tokens will be given to us. Early investors or people who buy in the ICO phase because they believe in the project or simply because when the project manages to develop with the funds collected, the coin will be in high demand and this will positively impact the price of the asset. What are ICO sales like? Sales can be open to the public so that anyone can invest with any amount of money they wish for They can also be reserved for private sales with investment funds and other major investors in the market. The procedure is a free choice for developers. It is always important to keep in mind that the idea is that you are not selling an investment asset, but you are pre-selling an asset that can be used within a platform. Advantages of ICOs: The authors of the new currency do not have to achieve financing from banks or investors. For individual investor users, it serves to finance highly innovative companies directly. In the end, we can say that ICOs are a new way to start a startup, for the moment it is something that applies mainly to the world of cryptocurrency, but there is the possibility of financing projects outside this world because of its ease and disassociation from third parties such as banks or investment funds. On the other hand, people who want to invest in an idea they like can do it without any problem of being rejected.

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Tectum

Tectum: the fastest Blockchain in the world

During the rise of NFTs, one of the big problems was the deficiency of some blockchains with lack of scalability, which proved to be detrimental to any further development. So many projects have been working to solve these problems and scale their networks without sacrificing security and decentralization. One example of this is Tectum. Tectum’s Blockchain? Tectum is a platform that uses a proprietary record change signature management algorithm and its blockchain is capable of handling more than one million transactions per second calls which are referred to as “Events”. This handling achieves rapid delivery of event status, as well as network-wide property updates, along with distributed levels of access to the system’s functional modules. But one of the most striking features of the Tectum blockchain is the ability to store hashes assigned to the original data that is stored at a lower level rather than directly on the blockchain. Which manages to more effectively isolate transaction information and validation using hashes along with signing and encrypting packets at the transaction end. The main purpose of this is to make the event-related information instantly verifiable and also accessible to the public. So Tectum has become a suitable choice for applications such as: Geopositioning recording Internet of Things (IoT) Billing records Logistics Municipal or legal records storage In essence, the network processes packets, blocks, and virtually everything while keeping it at the top level of its blockchain. This is the main reason why Tectum can achieve such substantial transaction throughput without sacrificing security procedures. Blockchain is something that as technology advances and the use of cryptocurrencies is increasingly adopted, it is going to evolve until we can see better applications in different fields is a unique process that every company will want to have.

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visa bitcoin black

Visa is going to launch an “unlimited” bitcoin card in the United Arab Emirates

Visa, the world’s largest payment network, will launch its “bitcoinblack” card in the United Arab Emirates, which will have a credit in bitcoin. Only 10,000 users will have the opportunity to get this bitcoin credit card internationally by invitation only. The attraction of this card is that it will give its users the possibility to exchange their holdings of bitcoins and other cryptocurrencies for cash. Anyone wishing to obtain this card can do so by applying through the “bitcoin black” website. In addition to this, the card will have premium benefits, one of these being a no-cost limit. Users also have the possibility to receive rewards of up to 10% in special SPND tokens. By means of such SPND tokens, users will be able to take advantage of these rewards in the bitcoin black marketplace known as the “Haute Living Luxury Marketplace”. Practically. In this marketplace we will be able to find things like: Luxury watches Wallets Cars Charter flight offers Entry to private mansions and more Bitcoinblack CEO Prakash Chand spoke about this unique card and mentioned: “People with impressive crypto wealth needed a way to spend their crypto easily and be rewarded for it. bitcoinblack perfectly accommodates high net worth individuals who want to use their cryptocurrencies for business or pleasure anywhere around the world, integrated into the 140+ territories where Visa is accepted.” What is important and attractive is that owners have the ability to easily use this card like any other VISA card. Today we continue to see attempts to bring crypto finance closer to the real world in simpler ways and it is safe to say that in this race, both VISA and Mastercard are looking to capitalize on the virtue of the first to move.

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Blockchain Shiba inu

“Shibarium” the new Shiba Inu Blockchain.

Many or most of the people in the crypto and technology world know about the existence of Shiba Inu (SHIB).  This cryptocurrency had quite unexpected price growth that even though it did not reach a cent on the dollar, many people made money with it. As we currently know, we are going through a difficult time for cryptocurrencies, due to the Bitcoin crash and the lack of confidence in projects as none of them are really stable.  But Shiba Inu might find a small “lifeline” that could give the currency a boost and keep it afloat. We are talking about its new blockchain Shibarium, a solution that will allow this token to have a greater “utility”. ¿What is Shibarium? Shibarium will be the new and independent blockchain, which will allow SHIB users to make transactions at a lower cost as currently, the SHIB blockchain belongs on the Ethereum network. All Shib tokens in circulation will be moved to this new network with faster transactions, giving the token a better utility and obtaining a quite interesting investment opportunity. When will Shibarium be released? It is common knowledge that it is under development, so most likely later in the year. This new Shibarium blockchain is generating anticipation among Shiba investors, which is why, once it is launched, it will be very well received by the community. At The Blue Manakin we like to keep you up to date with news about cryptocurrencies and NFT projects, but as always we like to remind you to be well informed before making an investment and never invest money that we can’t afford to lose.

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One of the biggest signings, The popular Binance exchange and Cristiano Ronaldo are teaming up in a collaboration. NFT

Binance exchange and soccer star Cristiano Ronaldo announced Thursday a multi-year collaboration to offer fans an introduction to Web3 via the world of NFTs with exclusive products. Together they will create a series of NFT collections that will be available on Binance’s platform, with the first collection expected to launch later this year. “Cristiano Ronaldo is one of the best footballers in the world and has transcended sport to become an icon in multiple industries. He has built one of the world’s most dedicated fan bases through his authenticity, talent, and caring work,” commented Binance CEO Changpeng Zhao. “We are delighted to provide his fans with exclusive engagement opportunities to connect with Ronaldo and own a piece of iconic sports history.” It has been rumored that Ronaldo could be earning more than $5 million from this collaboration, which may attract the eye of other major sports stars to look to collaborate with companies in the crypto world However, this is not the first time we have seen cryptocurrency companies resorting to creating sports collaborations in order to reach a wider audience. One example is last year when the popular site Crypto.com signed a $700 million deal to convert the Staples Center in Los Angeles to the Crypto.com Arena. Although cryptocurrencies have been affected by the lack of trust and the high risk seen to rely on projects, they have had an impact on NFTs, whose popularity skyrocketed last year. Hopefully, these types of partnerships will lift this confidence again as NFTs from this collaboration are sure to dry up.

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Protect yourself while buying your cryptocurrencies and NFTs

In the last year, it has become more and more normal to see crypto assets, such as cryptocurrencies (BTC) and NFTs, being increasingly adopted by society, and being accepted as a method of financing and payment. It is therefore important that if you are going to start getting into this world, do it carefully as scams are still the order of the day. In fact the Federal Trade Commission reported that the largest loss of all time had a value of $ 82 million. Here are some of the most common ways you can fall for scams : Fake websites Many times we may enter websites that may look secure, and give the appearance of being user-friendly or very similar to original websites, but in most cases, the fake domains will be fake. The domain names look very similar to those of the original websites. It is important to take a moment to analyze the website, one way to find out if it is a fake domain is to look at the characters in the domain as they use letters similar to numbers in real domains and vice versa. Fake e-mail Being one of the methods of communication it is very common to find emails very similar to those you would receive from an original brand, but there are details that we could look for. For this case we recommend you to take a good look at who is the person who wrote to you. For example: suppose you receive an email from Amazon, you will see that it is the same, but the email that is sent to you is a strange contact. Another extra measure is to never click on the links we receive until we are 100% sure that it is an original email because this way we can fall into cybersecurity attacks. Social network scams When we start to get into the crypto world through social networks, following verified influencers, or news accounts on this medium, it is common that we start to receive countless messages from people promoting a cryptocurrency or NFT. It is important to taste and know that no project founder or its moderators will contact you by DM to offer you a WL post, or an airdrop just like that, preferably close your DMs to reduce your probability of falling into a scam. Gift scams Often, you will find some giveaways on most social media platforms of celebrities or well-followed social media accounts. Scammers have noticed this trend and have started to establish it. Scammers will use these giveaways as bait and ultimately for their trap. As soon as you respond to these giveaways, they will need you to send some cryptocurrencies to verify your address. And they promise to give you even more after verification. But after you send your cryptocurrency, you slowly start to realize that you have been a victim of a giveaway scam. Investment scams Many times scammers create unbelievable projects, which promise many good things and practically nothing bad thus selling a “lucrative opportunity”. These are the two main types of investment scams you should be aware of: One ICO: They start by raising money through an ICO, but once they get the necessary funds they get out and take all the investment. Carpet mining scam: In this scam, a new coin is created and put into an exchange. After people have exchanged their cryptocurrency for the new one the developers terminate the project. It is important that this kind of scam happen with projects that are just starting, our recommendation is always to invest money that you can afford to lose and also always investigate who are the creators of the project, if they have a marketing company behind it, what companies are behind it, verified celebrities that share it. That way you can be less sure that it is going to be a scam. Use strong passwords and two-step verification One recommendation is always that you should never use one password for all your accounts, especially if they are passwords that can give people access to your money. Nowadays there are many password managers that can help you avoid forgetting a password. Another important step here is that if your account has a two-step verification option, always have it so that if someone manages to access your first barrier of defense, which is your password, you have a way to act quickly by a second verification method. Finally, the cryptocurrency industry continues to evolve with new and increasingly advanced security measures, so an extra recommendation to always take into account, is to keep abreast of new policies and security measures that have all the platforms we use and as mentioned above, in these places is our money, it is up to us to take this extra step of security to take care of it better.

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