Home Blog Page 2485

El Salvador To Build First Wave Park In Central America Called “Bitcoin Beach”

0

El Salvador again innovates by building a wave park, which will be baptized with Bitcoin.



For those unfamiliar with the Bitcoin Beach movement, it is essential to note that this was the birthplace of the adoption of Bitcoin in El Salvador.

Located in El Zonte, the population itself started accepting Bitcoin as payment independently of any government. This remote community first made Bitcoin their legal tender, whether it’s transactions at beach huts or expenses for local services.

After all this Bitcoin movement became known in El Salvador, the government of El Salvador, in the leadership of its president Nayib Bukele, capitalized on his country’s adoption of BTC, making the digital currency legal tender in the country.

Wave park called “Bitcoin Beach” will be the first in Central America. Despite being a small country, El Salvador is known to surfers worldwide for its beautiful beaches; surfing, a game also included in the last Olympics in Tokyo, is a primary cause of surfers’ attraction in El Salvador.

The small country will soon see the construction of a wave park; professional and amateur surfers can catch waves and train their skills with this park.

 

 

 

What drew attention towards the wave park is the name ‘Bitcoin Beach,’ a clear tribute to those who started to accept the currency as payment before the local government got its hands on the sector. All payments on Bitcoin beach will be based on Bitcoin; all surfers and tourists will need to pay in Btc to enjoy the luxury of this upcoming new surfing park.

In addition, the Bitcoin acceptance movement in El Salvador announced that this project would make the country a tourism hub for surfing, which is already substantial with the Surf City movement.

Surfers worldwide are already beginning to observe Bitcoin as a viable payment option, like the legendary Kelly Slater, an American surfer widely regarded as the greatest professional surfer of all time, is highly interested in Bitcoin and crypto.

Finally, with the arrival of the wave pool in El Salvador, it is clear that bitcoin surfers will now have a destination to sweeten their surfing talent and grow their payments skills with a modern, independent currency of the future.

‘Lamborghini’  Italian Brand Of Luxury Sports Cars Might Soon Lift Curtains from “NFTPRO”

0

Lamborghini, an Italian brand and manufacturer of luxury sports cars and SUVs based in Sant’Agata Bolognese, plans to enter into the World of NFTs with its exclusive NFT collection.



The manufacturer of luxury sports cars just posted a 17-seconds video teaser on its official Twitter handle. The video teaser consists of an astronaut, the moon, and the trademark “NFTPRO.”

The caption reads, “We are getting closer. Stay tuned!”

This is not the first time Lamborghini has posted such kind of teaser. Back on December 1, 2021, the official Youtube Channel for Lamborghini posted a video with the title:

“Something’s going on. Get ready.”

The Youtube video also consists of a moon with the statement “Something cool is coming moon.” One can hear the sound of Lamborghini Huracan in the background.

If we try to decrypt the message from the video teaser, we can assume that Lamborghini is preparing itself to enter into the world of NFTs with its exclusive NFT collection, which may include some digital collection of art or possibly a new limited-edition variant of one of its current models that are somehow related to the world of NFTs.

Since no official details about the project have been disclosed yet. We don’t have any other option but Wait until the Lamborghini raises the curtain from “NFTPRO” herself.

Floki Inu (FLOKI) Begins Rolling Its DAO Phase 1

0

On January 9, Floki Inu (FLOKI) decided to begin a gradual and phased transition to a DAO (Decentralized Autonomous Organization). The process was scheduled to start towards the end of the week.



Fulfilling its promise, today FLOKI’s official Twitter handle posted an update on gradual transitioning to a DAO and declared that the phase 1 upgrade would begin soon.

FLOKI has coordinated with exchanges and DeFi partners who will support this upgrade, and those platforms will release their announcements soon.

FLOKI’s team further noted that they are awaiting final confirmation from one of their key partners so that timing can be streamlined. They will release an official announcement with specifics of the DAO upgrade.

FLOKI assured its followers that the upgrade would be seamless and automated. Therefore, holders of the token should relax as they have to do nothing.

Furthermore, FLOKI has warned its holders not to share their seed phrase or sensitive details with anyone, as no one from FLOKI’s team or any of their partners will contact them for such information.

TAPME: Flappy Bird And Crypto Punks Inspired Play-To-Earn GameFi TAPS On Coinstore

0

What is TAP?

Inspired by the legendary pixelated pieces of Flappy Bird and Crypto Punks, TAPME’s GameFi release allow players to constantly touch the screen to control the characters flying up and down. Invoking fond memories of the nostalgic Flappy Bird game that captivated the world by it’s simple yet addictive gameplay! Players’ task are to keep their characters from touching the obstacles so that the character can progress as far as possible. Players gain points for every obstacle overcome, and points can be converted into tokens with real market value.

TAPME GameFi Features:

  • Low entry barrier – People can buy NFT characters with relatively low amount to start the game.
  • Easy-Play to earn – As other casual games, TAPME is user-friendly and suitable for all ages. People can directly convert the points into tokens.
  • NFTs Staking profit sharing – Level up your NFTs and stake them for the passive income
  • Cross-NFTs and be unique! – Players can use NFTs from other games, even design their own NFTs to join the game.
  • Compete with others for the tokens – Compete in Daily Arena or betting with others to win more tokens!
  • Breeding – Get higher level characters by breeding lower level characters!
  • Trading Marketplace – Want to collect another NFT character? Trade ‘em in the Trading Zone!
  • According to the game devs, there are more features waiting to be released!

TAPME Token Overview

Token Symbol: $TAP

Total Supply: 90,000,000

Network: Binance Smart Chain

Coinstore Listing: 15 January 2022, 21:00 (UTC+8)

Deposit Time: 15 January 2022, 19:00 (UTC+8)

Withdrawal Time: 15 January 2022, 23:00 (UTC+8)

What is the Token Utility of TAP?

As the native token of GameFi TAPME, TAP is used in the game to purchase NFT Characters, and played in the game, which issues CHIP tokens that allow for breeding of in-game NFTs:

  • Staking for revenue-sharing in Q1 2022
  • The higher the level of the NFT, and with more NFTs staked, the revenue sharing increases
  • TAP can be used to buy NFT Characters
  • Multichain deployment
  • Tapme Tournaments and Championships

At the time of writing, one TAP token is valued around $0.01444910~USDT.

A Closer Look at TAP’s Tokenomics

TAP has a total token supply of 90,000,000:

  • 35% allocation to Private, Seed, and IDO rounds
  • 10% tokens are locked for 6 months for liquidity
  • 15% tokens are earmarked for Airdrops and Marketing
  • 15% tokens reserved for staking rewards
  • 10% tokens are allocated for in-game rewards
  • 5% tokens are dedicated to reserves
  • 7% tokens are given to the Developer Team
  • 3% tokens are given to the Partners and Advisors

Interested users can check out TAPME at Coinstore from 15 January 2022 onwards and be a part of this exciting project!

TAPME’s Official Channels

Website: https://tapme.pet

Twitter: https://twitter.com/pet_tapme

Get TAP on Coinstore.com: https://www.coinstore.com/#/spot/TAPUSDT

Download the Coinstore.com app: https://www.coinstore.com

About Coinstore

Coinstore goal is to advance the crypto industry to the next level and provide access to popular digital assets to the mainstream public. Encompassing a whole new concept of “fun” in finance, Coinstore also aims to equip our users with experience and techniques to buy, sell and trade on the go. Still in its up-and-coming stages, Coinstore welcomes community members and interested influencer partners to join us for collaborations.

Media Contact:

Charles Tan, Marketing Head, Coinstore.

charles@coinstore.com

Liu Yi Yun, Branding Executive, Coinstore.

yiyun@coinstore.com

Coinstore Social Media:

Twitter: https://twitter.com/coinstore_en

Telegram Discussion Group:https://t.me/coinstore_english

Telegram Announcement Channel:https://t.me/coinstore_global

Facebook: https://www.facebook.com/coinstoreglobal

Website: https://www.coinstore.com

Discord: https://discord.gg/KKHtHa4KPX

Instagram: https://instagram.com/coinstore_exchange

Youtube: https://www.youtube.com/channel/UCHu0m61HHuDftQVE_0jHaYA/videos

TikTok: https://www.tiktok.com/@coinstore_global

 

4M Shiba Inu Burned in 1 Transaction, Bringing The Total Shib Burn To 19M in 24 Hours

0

More Than 19 Million SHIB Tokens Goes Out of Circulation Forever In Just 24 Hours.



According to Shibburn, another 19,221,317 Shiba Inu (SHIB) tokens have gone out of circulation in the past 24 hours, bringing a total of burned tokens to 410,300,632,962,694, which makes up 41.03006% of the initial supply of 1 quadrillion.

According to the reports, 13 transactions have been carried to send the SHIB token from the circulating supply to the dead wallet.

The most significant burn was 4,000,000 (4M) SHIB tokens with one transaction in the past 24 hours.

Out of 19 Million, 2.80 million SHIB tokens were burned by Bigger Entertainment in a single transaction. This brings the total SHIB burned by the business to 1,012,508,035 since the launch of its burning campaigns on October 20, 2021.

Bigger Entertainment also plans to burn another Billion coins in one transaction on February 14, 2022. For this, the business has organized a “Special Burn Party.”

Shiba Inu Reaches Iraq, As Iraqi ‘Esporta’ Adds SHIB As Payment Method

0

Esporta’s premier fitness center with various equipment, swimming pools, and group fitness classes adds Shiba Inu as a payment method.



The company announced accepting crypto as payment on their Facebook page.

The fitness club is now accepting Safemoon, Shiba, Ethereum, USDT, and BNB as payment methods.

Esporta’s is based in Erbil, Iraq. It is good to see that Shiba has gained much reputation that every country business is willing to take payments in Shiba Inu. Esporta’s has large state-of-the-art state equipment, cardio machines for users’ cardio needs, group fitness classes, and Indoor pools to lose weight and increase stamina.

ShibArmy has proved its strength, and Shib is demonstrating its utility by bringing DAO, launching a decentralized exchange and shiba Inu’s team is currently working on its Multiplayer Collectible Card Game with Playside Studios, an Australian Company, under the supervision of William Volk, former VP of Activision.

Recently all top exchanges from worldwide listed shib because of its popularity. Binance, Coinbase, Kraken, Indian Giottus and Koinbazzar, Brazilian Mercado Bitcoin, Mexican Bitso all listed shib.

Also, Flexa and Bitpay, the crypto payment processors, added Shiba and made it possible for thousands of businesses across the globe to accept Shiba as a payment method. Furthermore, rumors are getting strong that Robinhood, the top American exchange, will soon list shib.

Vitalik Buterin’s Poll ‘Saving The World in 2035’ For Ethereum Community Won By Cardano Against Bitcoin, And Solana

0

Cardano effortlessly won the Vitalik Buterin poll for the Ethereum community.



The poll posted by Vitalik Buterin, the co-founder of Ethereum, which asked the ETH community what would be their preferred currency in 2035 if ETH is not there, is triumphed by Cardano.

Vitalik Buterin tweeted:

“Poll for Ethereum community. You wake up in 2035, and 80% of all transactions + savings in the world are in one currency that is not ETH. Which would you prefer it to be?”

Including US Dollar, three crypto Bitcoin (BTC), Cardano (ADA), and Solana (SOL) competed against each other.

The poll result is fascinating as the Ethereum community preferred their rivals Cardano as the future currency if ETH does not exist.

The community had 24 hours to register their responses, a total of 600,697 users recorded their answers, and Cardano got 42% votes in his favor in saving the world and dominating transactions by 2035.

Bitcoin, the king of all crypto, lost to Cardano by almost 4%, while USD and Solana obtained the paltriest support with just 6.5% and 13.1% respectively.

Cardano has gained serious spotlight after the introduction of smart contracts; in late December 2021, Charles Hoskinson cited that around 175 projects existed on Cardano and about 11 projects will be undertaken by the end of Q1, 2022.

 

Web3 Developers Will Now Have Direct Access to Coinbase Cloud Community Via “Coinbase Cloud Developer Forum”

0

Coinbase, an American cryptocurrency exchange platform, recently declared a launch of “Coinbase Cloud Developer Forum” – a forum for Web3 developers.



The forum is now live, searchable, and indexable, according to the company.

The announcement comes as part of Coinbase’s commitment to developers. The American cryptocurrency exchange provided details about the forum in its official blog post.

Looking into the details, the forum will directly connect the developers to the Coinbase Cloud community, including engineers and moderators.

The community will be involved in technical discussions if any of the developers face any issue with API and services offered by Coinbase Wallet, Exchange/Pro, Sign in with Coinbase, Rosetta, and more.

In addition, if the developers are looking for any input and recommendations for secure, scalable, and tested tools for their tech stack, they can also connect with forums for guidance. In this way, developers will be able to learn from each other via the platform.

To get started, Coinbase has created the following four categories in the forum:

  1. Announcements
  2. Product Usage
  3. Bug Reporting
  4. Sharing Feedback

Looking at the feedback from the forum users, these categories will evolve in the future, and additional products and services will be rolled out.

Coinbase Cloud also invited its users to join them at a member-owned Community Innovation Festival named “ETHDENVER 2022,” scheduled in February.

Another 2.80 Million Shiba Inu (SHIB) Tokens Burned By Bigger Entertainment

0

Steven Cooper, an owner of Bigger Entertainment, recently declared that his company has sent another 2.80 million Shiba Inu (SHIB) tokens to the dead wallet. With this transaction along with other smaller burns this week, the company becomes able to burn a total of 1,012,508,035 SHIB since the launch of its burning campaigns on October 20th, 2021.


 

Bigger Entertainment is now the leading SHIB Burner project. All the burns reported by the company are legit as the pseudonymous developer of SHIB, Shytoshi Kusama verify these burns himself.

Bigger Entertainment plans to burn another Billion coins in just one transaction in its upcoming Burn Party on February 14, 2022. The owner of Bigger Entertainment states that with SHIB at these prices, this massive billion token burn can only be possible in one transaction if around 5,000 people contribute just $5 USD of their savings to the upcoming Burn Party.

At the moment, Bigger Entertainment has built three major streams for burning SHIB.

  1. Burn Parties
  2. SHIB Burner Playlists containing more than 600 songs.
  3. SHIB’s Merch Collection

This Wednesday, Bigger Entertainment has organized a Twitter Poll to know the people’s favorite way to burn SHIB with the company. The Poll’s outcome at the time of writing was as follow:

58.6% of the people said they enjoy burn parties, while 36.7% seem interested in burning SHIB with SHIB Burner Playlist. Only 4.7% voted for SHIB merchandise.

Seeing the poll’s result may Bigger Entertainment remove the SHIB Merchandise collection from its Burning Campaign list and introduce something interesting in the future.

Dogecoin Sharp 14% Rise Made Traders Lose $18M In Few Hours

0

Dogecoin (DOGE) traders lost nearly $18 million in liquidations in the early morning hours of Friday after the coin rose 14% after the Tesla announcement.



The numbers were much higher than liquidations of Bitcoin or Ethereum futures, which generally have the biggest liquidations among all cryptocurrencies due to increased trading volume.

Data from analytics tool Coinglass showed that 60.81 million Doge coins were liquidated on various cryptocurrency exchanges. The meme coin on exchange OKEx had $7.71 million in liquidations, while futures products on exchange Binance had $2.75 million in liquidations.

doge coins liquidation
image source: https://www.coinglass.com/LiquidationData

The liquidations occurred when the cryptocurrency price soared on Friday after Elon Musk’s announcement that electric car maker Tesla would accept DOGE as a form of payment for some products.

Elon Musk, the CEO of Tesla Motors, is known to be the Father of Dogecoin. He wins this title because of his consistent support for Doge and how his tweets influence the price action of Dogecoin especially. Maybe many people reading this article don’t know; Elon Musk has been a die-hard supporter of Dogecoin since 2019.

In August 2021, Dogecoin announced a news Foundation Behind It With Vitalik Buterin As Board Advisor Along With Elon Musk Representative Jared Birchall. In December, the Dogecoin Foundation presented a roadmap for turning the meme coin into a more technical project. It was the first roadmap in Dogecoin’s eight-year history and explored eight new projects, including the launch of LibDogecoin and GigaWallet implementations.

Dogecoin was trading at $0.20 in the early hours of Friday, up 25% from the $0.16 price seen late on Thursday. However, at the time of writing, the digital asset has taken a slight dip and is priced at $0.19.