Decentralized finance (DeFi) has thrived the market by storm in 2020, with all the latest developments taking place. DeFi is by far the technology of the century, enabling peer-to-peer payments and limitless access to financial services with very low costs. DeFi also provides unique investment opportunities as part of it being the preferred payment infrastructure for blockchain systems.
Following this trend, in 2021, there is a boom in non-fungible token marketplace. NFTs are the new art, and digital marketplaces are the new art auctioneers. When the NFTs arrived in the market, many innovative individuals made a fantastic mark on the digital space. Moreover, by the end of 2020, the market capitalization of transactions globally involving a NFT reached $388 million.
Marsis brings both of these technologies together. It is a decentralized, DAO-driven, NFT platform that pioneers NFT evaluations. The platform also supports an NFT marketplace and NFT fragmentation. All-in-all, the Marsis protocol enables users to vote on NFTs on the platform and evaluate their market value. In addition, the voted NFT can participate in DeFi, with the more votes an NFT gets the stranger its mining capabilities.
Marsis: A 3-in-1 Platform Integrating NFT X DEFI X DAO
Marsis is a 3-in-1 platform that integrates NFT, DeFi, and DAO together. The platform has already closed a $1 million seed financing led by Sapling Insight. Other institutional investors include Chain Capital, Redline Capital, Jove Capital, R8 Capital, Kryptos, 7 O’clock Capital, Legendland Capital, SVC, and Chronos Capital. The funding would be used to explore its technology and offer Marsis to further capitalize on its position as a pioneering role in NFT evaluation platforms.
Recently, on May 25, 2021 Marsis revealed that its $SIS token is now listed on PancakeSwap. However, PancakeSwap is a leading decentralized exchange (DEX) on the Binance Smart Chain (BSC). Of note, BSC offers faster and cheaper transactions than most other Layer 1 platforms, like Ethereum. Also, with a PancakeSwap initial dex offering (IDO), Marsis gains added exposure to the crypto space.
Meanwhile, Marsis has developed a solid blueprint of its novel platform. Let’s take a look at the creative features Marsis offers:
Marsis platform implements DAO concept to create a decentralized, self-governed NFT space. However, holders of SIS, the native utility token, deploys the DAO essence and reach transparency as well as maximize profits.
The community is motivated by offering incentives in the form of SIS tokens. However, encouraging them to work towards a unified goal. By giving out consensual votes, users popularize and create the asset evaluation of NFTs.
All-rounded NFT Marketplace
Providing the most comprehensive NFT trading information, Marsis reduces the cost of NFT creation, diminishes arbitration, cost, and friction, in addition offers a secured, stable and NFT trading experience.
The prevalent momentum in NFT asset trading has brought crypto traders into the space. However, a rising number of mature and experienced creators from the traditional markets show a solid tendency to publish art pieces, collectibles, and other relics in NFTs.
Fractionalizing NFTs expands the investment markets, increases investing types, reduces the entrance threshold, and slowly offers the best solution to improve NFT liquidity.
By offering the fractionalization of NFT assets, investors can receive easier entry access to the platform. Moreover, through purchasing fractional ownership of NFT tokens and participating in micro-investment, anyone can be an NFT owner in no time.
Creating a consensual NFT market price, users help in explaining the NFT market price by staking SIS tokens and provide out votes. Moreover, the ultimate aggregated results produced by Marsis will offer to form an industrial consensus mechanism.
Marsis believes that, by far, the majority of the NFT assets face a similar dilemma at the early stage lacking a great approach to prompt the subsequent growth. Therefore, upon the principle of the logistic equation, a voting drive/actuated consensus procedure is introduced to help NFT assets realize an S-shaped growth.
The triple pools are the reward generated, while stakeholders benefit in another way across platform activities. Marsis have finalized the two NFT consensus pools, the Dividend pool, and the DEX pool. More so, the SIS token serves as a gateway to access platform-related activities and gain incentives and rewards.
Accommodating the imaginary potentiality of the Synthetic Asset, Marsis offers asset richness and meets the public demand.
Breaking down investment barriers, Marsis will provide the NFT showroom, listing out the recent NFTs and crypto-collectibles and enabling peer-to-peer activities while exactly synthesizing the traditional assets in an NFT state.
Vision of Marsis
Marsis ideology revolves around the Decentralized autonomous organizations (DAO). Moreover, Marsis could be the most accessible place in the crypto market, nurturing more NFT-related features like lending, fragmentation, and hosting. The platform is an open-source blockchain protocol in which the participants can evaluate themselves, however, Marsis fuses this with its NFT and DeFi elements.
The platform is free to use for users, but voting and NFT trading needs a certain amount of fees. Uploading the NFT assets to the Marsis platform is possible. Once the NFT assets are available, platform users may show recognition by topping up their votes. Marsis utilizes these features into the restaurant and tripadvisor features. Based on users reviews and comments, the best tripadvisor for online booking could be examined through its NFT and DeFi features. In addition, the Marsis users who leave valid comments will also be credited. The same could be implemented on selecting the best restaurants. Added to this, participating in crowd-review, will help create the industrial consensus slowly, in return they enjoy best-rated tripadvisory and first-class restaurants.
Two Different Roles Can Do, Achieve, and Earn on Marsis
The ever-growing Marsis consists of two common circulating mediums, they are SIS tickets and votes. However, taking these into account, users will be able to participate in various activities. Users can be considered as a spacewalker, resident, or guest. Added to this, Dual-role is another feature, in which users can gain rewards with tokens just by participating. Also, users can experience a lot of fun here by auto-engaging relevant investing-affiliated campaigns and gaining rewards with SIS tokens by staying as a participant.
On Marsis, users can choose to be spacewalkers. With this option, they can move freely on the Marsis NFT planet. Users can view and vote for the NFT that catches their attention.
INDEPENDENT & AMATEUR CREATORS
Marsis is a platform on which any users can show off their talents such as fine art, digital art, music, or beyond. Moreover, the participant will be ranked based on users’ votes. This is perhaps beneficial for both participants as well as Marsis.
Notably, users no need to trade on Marsis to earn tokens. The platform will reward the deserved users for their extraordinary accomplishments. This shows that users earn with the voted NFT asset.
Marsis Staking Methods
Marsis consists of triple pool features that offer many rewards to all stakeholders. Notably, the dual pools are consensus pool, and DEX pool, both provide a pleasing staking experience.
The staking process is same like many liquity platform. The Liquidity Providers (LP) are only needed to stake liquidity tokens into pools on Marsis. Moreover, the SIS/BNB pair token is needed. This pool provides 5% commission that is provided pro-rata to all LPs in the pool at the moment of the trade.
In addition to earning fees, Marsis also enables liquidity providers to sell, transfer, or otherwise use their liquidity tokens in any. In addition, users can stake token pairs on PancakeSwap and get LP to farm in Marsis DEX Pool to get SIS as rewards.
In order to stake in the self-generated pools, Spacewalkers vote. However, providing votes to the ideal NFT pieces, spacewalkers stake and lock votes. This enables the voted NFT pieces powered by the mining characters, auto-enter the activities of mining, and generate rewards.
Marsis offers a fantastic marketplace where users can pass thousands of unique, specially-developed collectors items that users can own exclusively. These items can be purchased directly without any third-party involvement to validate users’ transactions. This ever-growing platform allows users to vote for their most preferred item to be made available for purchase, and for the marketplace to take their vote and act on it.
Notably, Marsis not only nurtures NFT, DeFi, and DAO-related features, but it also fuses them together. This makes the network generate more earning, proliferate mass adoption, and collectively construct an impartial and value-driven approach in the long run. With the upcoming innovation and developments within Marsis, helps the platform to reach great heights, enabling most of the century’s biggest inventions.
John McAfee’s Strange Suicide Leads To Even Stranger Conspiracy Theories
Today is a sad day for the crypto-verse. For good or bad, John McAfee, one of the most eccentric, bizarre, and influential personalities of the ecosystem, said his goodbyes to the physical world in a no less eccentric, bizarre, and controversial way: He committed suicide by hanging himself from a rope in his prison hours after learning that the Spanish justice system had approved his extradition to the United States.
The news was first announced by his lawyer and later confirmed by the government of Catalonia, the region of Spain where McAfee was imprisoned.
“Everything indicates that it could be a death by suicide.”
Immediately after the news broke, the Crypto Twitter community quickly shared their shock. Some paid respect, others criticized… and others questioned everything that happened.
The conspiracy was easy to imagine, given McAfee’s background. Several cryptocurrency influencers began trying to tie up loose ends to understad what happened. They relied on several tweets from McAfee claiming that he would never commit suicide, that he was being threatened, and that he knew some secrets that the elites needed to silence.
But something that blew everyone’s minds was a picture uploaded post-mortem to his official Instagram account. A black letter Q, presumably pointing to the QAnon movement, though without explanation.
QAnon, or simply Q, is a conspiracy movement that claims that a group of satanic pedophiles dominate government and media elites. Its followers claimed that former President Donald Trump was waging a battle to destroy this group.
The movement gained momentum with the arrest of Harvey Epstein on sex charges. The suspicious causes of his controversial suicide prior to his testimony further heightened suspicions that he had in fact been murdered in order to be silenced.
The slogan “Epstein didn’t kill himself” went viral and is still observed when references are made to corrupt government practices in the United States.
And, of course, McAfee had a thing or two to say about this. He pointed out to similarities between his case and Harvey Epstein’s in many times, and assured he had many secrets that the government wanted to hide. If his allegations are true, and the QAnon post means anything, we could soon find out what he knew.
For you panicked people involved, even peripherally in Epstein’s murder:
I do, absolutely, 1,000% have, not just a dead man switch, but a twice daily check in switch.
If you think you are fast enough to grab me, torture me and get what you need before it activates,
— John McAfee (@officialmcafee) January 16, 2020
“McAfee Didn’t Kill Himself”
A Twitter user attempted to contact the administrator of the controversial right-wing news site Zero Hedge and introduce him to a Spanish journalist who claims to have video recordings and reports that Joe Biden allegedly teamed up with the Prime Minister of Spain, Pedro Sanchez, to fake McAfee’s suicide.
— ブランスさん (@brunsjpnrmu) June 23, 2021
MMCrypto, a cryptocurrency trader, also questioned McAfee’s suicide. He shared a tweet from McAfee in which he assured that if he were to appear dead, it would not be by his own decision, and everything could be a set-up “a la Epstein.”
Podcaster Peter McCormack shared the ticker $WHACKD in reference to another McAfee tweet showing a tattoo as a reminder that he would never commit suicide despite threats from US Officials.
— Peter McCormack (@PeterMcCormack) June 23, 2021
Getting subtle messages from U.S. officials saying, in effect: “We’re coming for you McAfee! We’re going to kill yourself”. I got a tattoo today just in case. If I suicide myself, I didn’t. I was whackd. Check my right arm.$WHACKD available only on https://t.co/HdSEYi9krq🙂 pic.twitter.com/rJ0Vi2Hpjj
— John McAfee (@officialmcafee) November 30, 2019
Also, Kim Dotcom, the man behind Mega.nz and active Bitcoin Cash advocate, claimed to be working with McAfee on an initiative to fight government surveillance shortly before the tragic news.
John was a colorful guy. A pioneer in data security. I always thought he partied too hard, should have avoided the drugs and focus on using his brillant mind for good. When he had a sober mind it was all about freedom. That’s how I will remember him, a freedom fighter.
— Kim Dotcom (@KimDotcom) June 23, 2021
And finance lecturer Vladislav Ginko also shared several tweets warning about the danger of McAfee and his family suffering from deaths caused by USAMRIID, the Department of Defense’s (DoD) lead laboratory for medical, biological defense research.
So far, no official autopsy has indicated his cause of death. In the meantime, theories will continue to emerge. But if there is one thing that everyone – conspiracy theorists or not – can agree on, it is that John McAfee lived his own way until the end.
Owners Of South African Investment Platform Vanish, Alongside 3.6 Billion USD Worth Of Bitcoin
The owners of the South African crypto company AfriCrypt have reportedly vanished and took off with 69,000 BTC. Largest Exit Scam ever? In April 2021, the two brothers who co-own the investment firm AfriCrypt, turned to their users, stating that the platform has been hacked, leading to a damage of 69,000 BTC, which were worth […]
The post Owners Of South African Investment Platform Vanish, Alongside 3.6 Billion USD Worth Of Bitcoin appeared first on CryptoCoin.News.
The owners of the South African crypto company AfriCrypt have reportedly vanished and took off with 69,000 BTC.
Largest Exit Scam ever?
In April 2021, the two brothers who co-own the investment firm AfriCrypt, turned to their users, stating that the platform has been hacked, leading to a damage of 69,000 BTC, which were worth 3.6 billions USD at that time. This claim has since then lost most of its credibility, since the brothers cannot be reached anymore.
The South African law firm Hanekom Attorneys, who handle the case on behalf of the victims, believe the incident to be an exit scam, rather than a hack. By their account, employees of AfriCrypt had already lost access to the platform’s backend seven days before the alleged hack. The fact that the owners of AfriCrypt urged investors not to take legal action made the law firm even more suspicious. If proven true, this would make AfriCrypt the largest exit scam in history.
10% Daily Return too good to be true
Reportedly, AfriCrypt attracted new investors by promising them a whopping return of 10% on a daily basis. Additionally, the investment firm promised referral rewards for bringing in more customers. Unrealistically high returns like this should automatically make anyone suspicious, but greed and FOMO drive investors into the arms of fraudulent investment companies and crypto projects.
For the scammers, this is a highly profitable business model, as can be seen by the example of the TRON blockchain. Besides gambling, TRON is notorious for “high risk” investment platforms that typically promise daily returns on the same scale as AfriCrypt, but pull an exit scam shortly after their scheme has gained enough traction.
The success of these fraudulent schemes is a result of the huge influx of new and inexperienced investors over the last months. Just recently, the UK-based Financial Conduct Authority warned against unregulated crypto companies, which operate in a legal grey market.
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The Bank for International Settlements Gives CBDCs Full Backing
The Bank for International Settlements (BIS) announced its full support for developing central bank digital currencies (CBDCs) in pursuing financial and monetary stability through international cooperation with the mandate and support by central banks. (Read More)
The Bank for International Settlements (BIS) announced its full support for developing central bank digital currencies (CBDCs) in pursuing financial and monetary stability through international cooperation with the mandate and support by central banks.
CBDCs are crucial in modernising finance
The BIS acknowledged that CBDCs must modernise finance and keep ‘Big Tech’ in check not to control money.
Benoit Coeure, a member of the BIS, warned:
“Without CBDCs, digital money would become increasingly dominated by big tech firms, as they would leverage enormous social media user bases.”
CBDCs are digital assets pegged to a real-world asset and backed by the central banks, meaning that they represent a claim against the bank exactly how banknotes work. Furthermore, they are blockchain-enabled, representing a new technology for issuing central bank money at the wholesale and retail level.
According to the announcement:
“As part of its upcoming annual report it estimated that at least 56 central banks and monetary authorities, representing around a fifth of the world’s population, are now looking at digital currencies as commerce shifts online.”
The issuance of CBDCs seems to be a race against time; many nations believe owning a CBDC is instrumental in having control of the global markets.
The Bahamas- the first nation to launch a CBDC
The Bahamas launched the Sand Dollar in October last year, making it the first country in the world to release a CBDC beyond the testing phase officially.
As more nations reveal their interest in CBDCs, the BIS noted that authorities would have to decide whether citizens require digital IDs to use them or choose the token-based route, making transactions more anonymous.
Once rolled out, CBDCs are expected to drive the financial inclusion of nearly 1.7 billion people left out of the banking system.
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