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NFTB Coin Price, What is NFTB Token, NFTB Release Date, NFTB Listing – NFTB Presale What You Should Know! 200x

NFTB (NFTB) coin price, NFTB release date. right now NFTB shows the price of the Token worth $0.00. nftb listing happening. NFTB BSC. Is nftb presale real!

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nftb price

Introducing the NFTB Token

NFTb is built to reward creators and platform users. As such, our first goal is to structure the token economics of the network to incentivize creators of digital art and collectibles to create NFTs and sell them on NFTb.

Quick note: NFTb = the platform name. NFTB = the token.

Let’s go in dip details about the project

Overview of the NFTB Token

The token will be used to facilitate platform governance and boost engagement by creators and buyers & sellers. The current token economy is shared below.

The token metrics are structured to capture network participants who share our vision for the long term success of the project.

Tokens will be rewarded to users and creators as soon as the platform is live. However, all network participants will have vested tokens, to avoid a large amount of sell pressure and/or gamification of the token price.

This lockup is especially important for early investors and team members. Early buyers and users of the platform should be able to accumulate and hold without worrying that investors nor team members will sell large amounts of tokens all at once. As such, we propose a slow-release vesting schedule whereby the majority of the token supply is locked early on, then tokens are released daily.

UPDATE — The max supply of tokens will be 1 billion

Purpose of the NFTB token

NFTB will be used for the following:

  1. Incentivizing creators: rewarding creators who create and add NFTs to the platform.
  2. Maintaining Governance: decisions to integrate new protocols, edit pool parameters, edit risk parameters, etc
  3. Fee Discounts: the token can be used for discounts on the platform

Let’s take a closer look at each aspect of NFTB.

Features of the fund will include, but are not limited to:

  • Complete funding of the gas cost needed to mint NFTs
  • Beginner-friendly staking and usage solutions that do not require Metamask (similar to tor.us)
  • Early-adopted rewards, with higher rewards bonuses going to creators who use the platform earlies
  • Outreach and engagement on other media platforms and communities. At the outset, this will be predominantly on Instagram
  • Onboarding and support for new creators and users

The importance of a well executed business development model and onboarding strategy cannot be overstated. The most successful and well-funded NFT platforms are those which have made the greatest inroads into mainstream markets, e.g. NBA Top Shot with the NBA and Sorare with major football/soccer leagues.

Maiar Exchange To Enable Internet-Scale Value Limited Swaps And Global Accessibility In 2021

Additional features of the Creators Fund will include a manual check for rewards allocation at the start. This is to avoid wash/bots trading, the type of which befell Rarible. Later, we will have a formal code-based verification system to ensure the authenticity of all creators and their work.

Copycats and fakes are becoming a problem in the NFT space and will continue to be an issue, so it’s important that all work on NFTb is 100% genuine.

NFTB Release date

The NFTb DAO and Voting Rights of NFTB Holders

Our ultimate goal is to evolve towards a Decentralized Autonomous Organization (DAO), where all decision rights will belong to the platform users.

The token, awarded to the active users of the platform, will act as the governance instrument: it will enable collectors and creators to vote on multiple upgrades and decide how the platform should develop further. This makes the governance of the platform directly responsive to our most active users and brings closer to being a public good operated by the community members who value it most.

Issuance and Mining of NFTB

NFTb will take a holistic approach to network mining that enables changes to issuance and rewards over time, to maintain steady growth and health of the platform.

The largest allotment of NFTB tokens will be utilized to incentivize the creation and usage of the marketplace by creators and collectors, in a process called NFTb Platform Mining, following the structure set forth by Rarible.# Put simply, users will earn rewards by using NFTB – not buying and selling tokens on the platform.

The Marketplace Liquidity Mining rewards (NFTb Rewards) make up 45% of all NFTB tokens. Users and creators may earn NFTB, which will be vested over a period of time. NFTb Rewards are issued at an annual rate of 2 million tokens per annum.

Initial rewards will be manually given to NFT creators/buyers to avoid gamification of the platform and to ensure quality of listings. V2 of NFTb will include an automated verification system.

NFTB Determining Emission Rate

When determining the rate of emission and rewards structure, it’s important to weigh the needs of each stakeholder (re: NFTB holder) and how their needs may change over time.

Namely, we want to avoid a situation where token issuance is high for the purpose of acquiring users early, but at the cost of acquiring users who have limited interest in using the platform long-term. To balance the needs of the network — that is, acquiring new customers and keeping them long term — we believe that a lower emission schedule is the smart choice.

Deflationary Burn Function

NTFb will burn 25% of the Ecosystem Fund and Mining Rewards over the next 20 years. Our burn will function similar to the BNB mechanism which takes into account multiple factors including:

  • Budget not spent
  • Fees
  • Network growth in TVL and users
  • The stability and health of the protocol

The goal of the burn is deflationary, creating price stability and encouraging user network growth in the form of governance token holders.

Further information about the proposed burn structure will be provided in subsequent blog posts as well as community voting.

Our current proposed model for the burn mechanism is as follows:

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Network Usage Burn

Similar to how Kyber and XRB implement deflationary practices in the form of network usage burns. Fees generated on the platform (10%) will be accrued to governance tokens holders of the DAO as well as the NFTb treasury. Burns will only be initiated quarterly on the treasury side of NFTb.

Budget Network Burn

A proposed budget will be set forth for platform expenses including developers, marketing and network incentives. Funds not spent will be burned on a 6 month basis.

The initial proposed token supply for the NFTb Rewards and Ecosystem Fund will also be reviewed on a 6 month basis, and subsequent rewards not given to creators or buyers of NFTs will be burned as well. The goal of said function is to provide a strong deflationary pressure for overall supply.

This applies only to token reserves in the Mining rewards and Ecosystem Fund, which together equate to 60% of the token supply.

Both proposals will be open to vote and review by the community before each proposed burn.

NFTB Release Date

21 May 2021

Stay tuned and don’t forget to be part of the community when the token is launched.

Comment your idea!

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Kingsley Francis is the founder and Partner at Fxkinfin Financial Advocates, owners of fxkinfin.com. He is a financial writer with extensive experience in print as well as online media.

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Cryptocurrency

Is Euro Coin Yet Another Scam Stablecoin? EUROC

Euro Coin is a euro-backed stable coin that’s available 24/7 and moves at internet speed. Designed for stability, Euro Coin is 100% backed by euros held in euro-denominated banking accounts so that it’s always redeemable 1:1 for euros. Euro coin price.

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Euro coin by fxkinfin

What is Euro Coin?

Euro Coin is a euro-backed stable coin that’s available 24/7 and moves at internet speed. Together, Euro Coin and USDC unlock new possibilities for multi-currency digital banking and near-instant foreign exchange, where daily volume in traditional markets can top $6.6 trillion globally.

EUROC is issued by Circle under the same full-reserve model as USD Coin (USDC), a trusted dollar digital currency with more than $54 billion in circulation.1

Designed for stability, Euroc is 100% backed by euros held in euro-denominated banking accounts so that it’s always redeemable 1:1 for euros.

Euro Coin Yet Another Scam Stablecoin?

Digital euro will be entirely reserved and pegged to the euro, just like USDC is pegged to the dollar

For every EUROC token in circulation, an equivalent euro-denominated reserve will be maintained in custody at US-regulated financial institutions. The initial custodian for the stablecoin backed by the euro will be Silvergate Bank.

Euro Coin

Euro Coin will be available to trade from June 30 on the Ethereum blockchain. The launch will be supported by Binance US, Anchorage Digital, Bitstamp, FTX, Huobi Global, MetaMask, Ledger

VIEW: EUROC contract

Stablecoins pegged 1:1 to the most popular worldwide currencies are FIRE 🧨 However, Circle should beware of getting eaten alive by european dudes who are just ABOUT TO LAUNCH a CBDC)

Check EUROC Price on CoinMarketCap

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Cryptocurrency

What is StarkGate? How to Join Quick StarkGate Testnet

StarkGate is a token transfer bridge between Ethereum ↔️ StarkNet. This project is being developed by StarkWare Industries, which allows us to assume that the funds investing in the company also invest in StarkGate.

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StarkGate By Fxkinfin

What is StarkGate?

Stark Gate is a token transfer bridge between Ethereum ↔️ StarkNet.

This project is being developed by StarkWare Industries, which allows us to assume that the funds investing in the company also invest in StarkGate. Thus, after 5 funding rounds, they raised almost $273 million.

How to Join Quick StarkGate Testnet

Considering the amount of money Stark Gate has, there’s a tiny possibility they’ll distribute some rewards for early testers However, there’s no official info as of today.

STEP-BY-STEP TESTNET GUIDE HERE

It takes about 5 minutes to complete, so don’t simply pass by If you have any questions, contact their team on discord.

In addition, make sure to fill out the feedback form just in case the team decides to organize an airdrop

More About Stark Gate and their projects Visit website

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Cryptocurrency

Will Cardano Reach 10 Dollars in 2022? Price Break

Will Cardano Reach 10 dollars in 2022?Most analysts are convinced that the ADA coin has exceeded the limit of $5. Cardano Price. The possible answer is yes, we may expect by the end of the year.

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Will Cardano Reach $10 in 2021?

Will Cardano Reach 10 dollars in 2022?

Charles Hoskinson founded Cardano in 2017. Early in his career, Cardano sparked lively speculation about his ability to conquer Ethereum, with some calling him an “Ethereum killer.”

With its proof of Ouroboros protocol share and easy upgrade, the structure is optimized to improve functionality. Cardano introduced smart contracts this year.

Cardano optics indicate that altcoin prices will continue to rise soon and possibly exceed the US $100. Moreover, given the very speculative nature of the market in which ADA tokens are listed, it is impossible to say with the most remarkable accuracy when it will occur.

However, by examining the price performance in the past and the upcoming modifications of the Cardano blockchain, we can assume its future price direction.

Will Cardano reach more than $10 by 2025? Most analysts are convinced that the ADA coin has exceeded the limit of $5. The most optimistic believe that the crypto will reach $70.

Will Cardano Reach 10 dollars in 2022?

Will Cardano Reach $10 in 2021?

Cryptocurrency research reports – blockchain and crypto news website – are confident that the value of the Cardano cryptocurrency will continue to grow in the next few years and will probably miss the $10 mark from the mustache to 9.50 US dollars by the end of 2025.

Analysts at Cryptogeek are also confident that ADA altcoin values ​​will continue to grow in the next few years. They believe that altcoin will reach $10 by 2025.

How much will Cardano be worth in 10 years?

Between September 2017 and April 2021, Cardano indicated 7000% + profitability. Analysts of the coin price forecast estimate that ADA tokens may appreciate another 5000% + in the near future till the end of 2025, trading around $59.

They are confident that the current bull run and FOMO, as Cardano announces several upgrades, will be enough to help the altcoin reach $9.73 before the end of the year.

Will Cardano Reach 10 dollars in 2022? READ MORE ON CRYPTO CLICK HERE

View more about Cardano

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Cryptocurrency

Will Celsius go Bankrupt? The Collapse of Celsius Exposed

The collapse of Celsius Exposed. There are about $10b in customer assets in Celsius, They froze withdrawals, transfers, and swaps. Now they’re trying to increase their reserves to avoid crashing.

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Celsius Exposed

What is Celsius?

Celsius is a crypto lending platform that basically takes your money, promises you a fixed interest rate, and puts it on-chain to use in Defi and earn a yield.

In 2020-2021 Celsius did really well, reaching a valuation of $10b and recently raising $400m. The problem? They manage their funds like degens.

The Collapse of Celsius Exposed

When LUNA crashed, They offered strong rates on stablecoins, were exposed to the collapse. They held significant sums of money in UST (maybe up to $500m)

For ETH deposits, They promised 6-8% in interest, most likely earned from staking rewards on the Ethereum Beacon chain. The issue here is that assets held on the Ethereum Beacon chain are locked, you can’t simply withdraw them. However, crypto protocol Lido solves this problem by generating a liquid ‘derivative’ called Lido Staked ETH, or stETH, which has often traded at a 1:1 ratio to ETH. BUT stETH is not pegged to the value of ETH. Thus, in a bear market, all prices began to slide, and They got kicked in the ass.

Celsius Exposed

Celsius

What did they do to fight the liquidity crisis? They froze withdrawals, transfers, and swaps. Now they’re trying to increase their reserves to avoid crashing.

Speaking of the reserves. There are about $10b in customer assets in Celsius, and about $1.5b accounted for in its’ various wallets. Where’s the Money, Lebowski?

  • About $400m is staked on the Ethereum Beacon chain
  • About $400m leveraged in Maker protocol, which has been on the verge of liquidation (margin call may haunt Celsius when BTC falls to < $20 000-$22 500).

And the rest? Nobody knows, people just care about the liabilities. If their assets don’t match liabilities outright, they’re screwed, and will require:

  1. External funding
  2. A loan
  3. Acquisition, which Nexo, its’s competitor, has already offered. they didn’t agree to the offer, but they’ve still got time to think until June 20

If Celsius’ position gets liquidated, BTC can fall down lower than $20 000. The company will go bankrupt, and its customers will be left with empty pockets. Terms of use kindly suggest that

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Cryptocurrency

Getting ready for Arbitrum Odyssey

Arbitrum is a type of technology known as an optimistic rollup. If you haven’t used Arbitrum before, don’t spend your entire deposit on the wallet “warm-up”. Arbitrum Odyssey. Arbitrum Odyssey Airdrop.

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Arbitrum Odyssey Airdrop.

What is Arbitrum Odyssey

Arbitrum is a type of technology known as an optimistic rollup. It allows Ethereum smart contracts to scale by passing messages between smart contracts on the Ethereum main chain and those on the Arbitrum second layer chain.

The details about the event are in this post ( READ HERE ) but the starting date is different. The Odyssey will be going live in June.

Getting ready for Arbitrum Odyssey

The event requires investments, it’s not free. You’ll be interacting with different protocols for 8 weeks straight (providing liquidity, swapping tokens, etc.), which may add up to ±$300. However, during the recent AMA, the team confirmed that transactions from Polygon will also count, so this may help you reduce the costs.

Arbitrum Odyssey

If you haven’t used Arbitrum before, don’t spend your entire deposit on the wallet “warm-up”.

Before the Odyssey starts, it makes sense to initiate 2-3 transactions (token swaps, token transfers) in 2-3 EVM networks (Ethereum, Arbitrum, BNB Chain, etc.).

To save money on fees, watch the gas price closely on Etherscan and push the transactions for about 10-20 gwei.

We’ll deal with everything else on the go as soon as the official starting date is announced. Stay tuned

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