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Igor Tomic of Publish0x Talks Reading for Free Crypto

Republished by Plato



Publish0x is a fast growing publishing platform that tips both readers and writers in crypto. BeinCrypto sat down with COO Igor Tomic to discuss the future of magazines on the blockchain.

Igor Tomic spends all day with his clients (that is, his Telegram group). He is extremely enthusiastic about what he does, and patiently aswers his users’ questions.

But the questions usually come down to this, “Do I really get free crypto just by reading articles on Publish0x?”

In fact, Publish0x is a blogging platform similar to where readers and authors both receive crypto. 

Readers have the option to give “tips” several times a day to the authors of any article they read. The tip is split between the tipper and the authors, and the tipper can even decide what percentage of the tip they receive. 

Tomic sat down with BeInCrypto to discuss how he keeps tipping free and what a blockchain-based blogging platform can achieve.

How free tipping works

BeInCrypto: What crypto blockchains or tokens do you support? Do you have your own token?

Igor Tomic (IT): Unlike many projects that are related to the cryptocurrency industry, we do not have our own token, and no plans of making one. Instead, we integrate with other popular tokens. Right now one can earn ETH, BAT, and AMPL; the tokens users earn do occasionally change (I believe we’ve had seven different tokens in the lifetime of the platform, since Q4 2018).

BeInCrypto: Tell us how you are able to support free tipping, and users tipping themselves?

IT: We are a self-funded project with big goals. The way we see it, we are sponsoring our own growth, and have planned to do so long term. (Editor’s note: Publish0x is funded by BigBird.VC, which invests in different blockchain tokens.)

That is not to say that there isn’t any revenue, as there is.

Publish0x is a unique opportunity for any blockchain project to gain exposure to our audience of now over 210,000 accounts, all of whom have wallets, and have at the very least a cursory understanding of crypto.

The beauty of blockchain is that we can prove how we pay. To date, if by current prices, we have given out more than $425,000 worth of crypto.

Attracting a new audience

BeInCrypto: How do you keep users coming to Publish0x?

IT: The most unique way a crypto and blockchain-based project can do this is by sponsoring the tipper. This way, your project is integrated as the tipping token on Publish0x, and is distributed to our entire user base. With this, users receive your token, and are incentivized to learn more about the project and the token.

We organize incentivized AMAs and incentivized writing contests where a new audience is incentivized to learn and write about the project, creating more awareness and buzz.

BeInCrypto: If users are only getting tips, how do you incentivize writers to publish on your platform?

IT: We incentivize authors in two main ways.

Writers can earn crypto for publishing or republishing their work on

Authors who publish articles on Publish0x get exposure to a new audience. For some authors, they enjoy the interaction via comments. For others, they are the happiest when their articles get thousands of views.

BeInCrypto: Do you think traditional magazines are going to move to a platform like this? What might that look like?

IT: We want to make it easy for magazines, publications, and individuals to do just that!

As for getting people outside of the blockchain to use a platform like this, I think this is a gradual process. We’ve started by favoring authors who publish articles about crypto, and are slowly branching out and also incentivizing authors to write about the economy and business.

Authors who write about crypto have the best chance for their post to make it to the homepage, a place where their posts get the most exposure and earnings.

BeInCrypto: Have you thought much about hosting creative work?

IT: Other than publishing written posts, which can be creative work on their own, we do have artists publishing their images, pictures, music, and videos. Though I have to admit that we can do a lot more to help them get their work seen more easily, I do think that this is an area that we need to work on in the future. 

BeInCrypto: Has Publish0x thought about doing something with NFTs for certain articles?

IT: I love NFTs, and think that this space will explode and go mainstream. We are definitely thinking of doing something with NFTs, but our discussion around this is still in early phase.

BeInCrypto: How are you keeping content free?

IT: We don’t have any plans to charge for content.

One idea we do have, is to allow authors to put a paywall before anyone can read their content. This is another idea that is still in its infancy, and if we do implement it, it won’t be soon. But we do not have any plans to charge for content ourselves.

Growth in 2020, and the future

BeInCrypto: What kind of growth have you seen in 2020?

Publish0x Has Grown Significantly in 2020. Source: Publish0x

IT: We’ve seen a lot of growth in 2020. The main highlights for me are that:

  • Our user base has grown by over six times, in 2020, compared to 2019, and now numbers at over 210,000 registered accounts.
  • Our traffic, according to Google Analytics, has grown by over five times, in 2020.
  • Our users have tipped articles almost ten times more, in 2020, when compared to 2019. By December 2019, a total of one million tips were tipped to posts. Today, users give over one million tips to posts each month!

BeInCrypto: What are your predictions for crypto in general in 2021?

IT: I think it’s hard not to be super optimistic, given the way the year started for bitcoin, ethereum, and many other projects.

The things that I am most curious to see develop further are DeFi projects, NFTs, and blockchain-based video games. I think these will all be hot topics in 2021.

As for crypto market regulation, without a doubt, it’s I’m of two minds about.

Overall, I do think that 2021 will be a year of crypto and that the industry will get significantly more coverage and recognition by the mainstream than it ever did before.

BeInCrypto: Thank you, Igor.

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Harry Leeds is a writer, editor, and journalist who spent much time in the former USSR covering food, cryptocurrencies, and healthcare. He also translates poetry and edits the literary magazine

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Economist: Ethereum and Bitcoin Look “Bullish” After Withstanding “Macro Beating”

Republished by Plato



Bitcoin and Ethereum are down from their recent 2021 highs, but compared to their traditional market counterparts, have shown more resilience during the recent “royal macro beating.”

Here’s why one top economist and investor says this is incredibly bullish for the two titan cryptocurrency assets.

Royal Macro Beating Can’t Take Down Bullish Bitcoin And Ethereum

This week, the stock market plunged, and precious metals saw a sharp selloff as the macro environment remains uneasy globally. Yet somehow, amidst a “royal macro beating”, Ethereum and Bitcoin have held up comparably well.

Economist and trader Alex Kruger says the resiliency is “bullish” for Bitcoin and Ethereum. The two top crypto assets have been in an uptrend for a full year now, and the recent macro jitters have been the first major bump in the road since.

Related Reading | “Wonderful” Shark Tank Investor Shifts Portion of Portfolio To Bitcoin and Ethereum 

Bitcoin exploded from lows around $4,000 to $58,000 per » Read more

” href=”” data-wpel-link=”internal”>coin at the high, while Ethereum fell to under $100 and has risen to $2,000 since. The more than 10x rise, however, might be nowhere near the finish line, and holding up so well here could be the catalyst that sends the cryptocurrencies higher through the resistance level.

bitcoin and Ethereum macro beating

Ethereum and Bitcoin have held up extremely well compared to the S&P 500 and gold. | ETHUSD on

The Changing Of The Guard To Crypto Is Underway

The stock market is on thin ice, and precious metals cannot be upgraded or updated, and have limited use in the future as a store of value compared to cryptocurrencies.

The digital gold narrative has been working, and the steepness of the gold selloff above shows how effective the narrative has been. Crypto prices holding up so well while gold plummets, could send even more capital flowing out of metals and into the scarce digital asset.

Related Reading | Mark Cuban Slams Peter Schiff: Gold is Dead, Bitcoin and Ethereum Are Today

Profit-taking in the currency overheated stock market will want to follow the money, wherever the grass is greener and profits are consistent. If that place is the crypto market, the flood gates of capital could finally be coming that helps to push Bitcoin to prices of hundreds of thousands of dollars per » Read more

” href=”” data-wpel-link=”internal”>coin, and tens of thousands of dollars per Ether.

The nascent technologies are only now coming into their own as financial assets, and institutional investors have begun to recognize the shift from traditional assets, to digital ones, and the ones who have been early thus far have been the most profitable.

Will Bitcoin and Ethereum continue to hold up this well, or will they ultimately succumb to the continuing macro beating going on across markets right now?

Featured image from Deposit Photos, Charts from

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3 million active users help lift Audius (AUDIO) to a new all-time high

Republished by Plato



As blockchain technology increasingly becomes part of the mainstream conversation, its integration with today’s most used technologies is bound to increase. This means that it’s only a matter of time before video streaming, digital music and social media see gradual blockchain integrations take place. 

Audius (AUDIO) is one project that is chasing the first-mover advantage in the music streaming sector. The music-sharing and streaming protocol facilitates transactions between creators and listeners, making it relatively effortless for users to distribute and monetize audio content. 

The project has received increasing attention for its approach to decentralizing the music industry and on March 2 the team celebrated reaching 3 million monthly active users. 

Data from Cointelegraph Markets and TradingView shows that the price of AUDIO surged 108% since the start of March from a low of $0.38 to a new all-time high of $0.79 on March 4 as the altcoin’s trading volume spiked from $3 million to a record $55 million.

AUDIO/USDT 4-hour chart. Source: TradingView

Staking incentives drive user adoption

The first major increase in users followed the project’s October 2020 launch and the activation of staking on the Audius platform in December. This enabled AUDIO holders to earn a 7% yield for tokens that were staked on the network while they listening to music and interacted with the protocol.

By the end of January, the platform had 1.8 million active users and a total of 122 million AUDIO tokens staked on the network. These figures have since increased to 3 million users and a total of 182.5 million staked AUDIO as the platform continues to integrate new features that incentivize community involvement.

VORTECS™ data from Cointelegraph Markets Pro began to detect a bullish outlook for AUDIO on Feb. 28, prior to the recent price rise.

The VORTECS™ score, exclusive to Cointelegraph, is an algorithmic comparison of historic and current market conditions derived from a combination of data points including market sentiment, trading volume, recent price movements and Twitter activity.

VORTECS™ Score (green) vs. AUDIO price. Source: Cointelegraph Markets Pro

As seen in the chart above, the VORTECS™ score for AUDIO hit a peak of 69 on Feb. 28, just before the start of a prolonged uptrend in price which was further identified by a VORTECS™ score of 80 on March 1. After pulling back over the next 3 days the score again spiked to 70, just hours before a significant rise in the price of AUDIO.

On March 5, the project revealed its plans to integrate non-fungible tokens (NFT) into the protocol as part of its effort to offer a full-service decentralized platform and expand its user base.

NFTs have become a hot topic in the cryptocurrency sector in recent months, and their integration into the AUDIO platform is likely to bring a renewed wave of interaction from users.

As blockchain technology continues to become more prominent in mainstream society, Audius appears well-positioned to become a leader in the streaming music space thanks to a rapidly expanding user base and a growing list of incentives that entice users to stay active on the platform.

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Every investment and trading move involves risk, you should conduct your own research when making a decision.

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Bybit to Cease Services for UK Citizens Following the FCA Ban on Crypto Derivatives Trading

Republished by Plato



The first consequences from the FCA ban on crypto derivatives trading in the UK are evident for the popular digital asset exchange Bybit. The company announced earlier that it will suspend its services to all customers based in the United Kingdom. 

  • Established in 2018, Bybit is a cryptocurrency exchange headquartered in Singapore with a reported user base of over one million registered clients. However, the firm will seize offering its services to UK-based customers, according to a recent press release
  • The statement informed that all UK users have to close all of their opened positions and withdraw all account balances by 8 AM UTC, March 31st, 2021. Following that date, UK citizens will be “restricted from accessing or performing any trading activities on Bybit.” 
  • Furthermore, the exchange will immediately restrict all new registrations using UK mobile numbers and/or IP addresses. 
  • Bybit’s decision is a direct consequence of a ban on crypto derivatives trading in the UK instituted by the country’s regulator – the Financial Conduct Authority (FCA). 
  • CryptoPotato reported last year that the watchdog planned to prohibit the sale, marketing, and distribution to all retail customers of crypto derivatives and exchange-traded notes (ETNs).  
  • At the time, the FCA described such products as “ill-suited for retail customers due to the harm they pose.” It also outlined that traders are unable to determine a reliable value because of the extreme volatility in the market and inadequate understanding. 
  • Interestingly, though, even the UK population couldn’t stop the FCA from implementing the ban as a survey compiled by the watchdog suggested that over 97% disagreed with the decision. 
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