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Revolutionizing the Events and Entertainment Industries With the Backstage Project

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Aug 02, 2021 at 13:14 // News

The Backstage project aims to correct this injustice

What can’t any human being live without? Water, air, love… All these things are too sublime, although it is also very difficult to live without them. We are talking about more mundane things, such as going to various events for the purpose of having fun.

Just imagine what would happen if overnight all the clubs, theaters, stadiums, festivals, music concerts, and conferences disappeared. Would we really have to entertain ourselves with television and crossword puzzles?

Don’t worry, that’s not likely to happen anytime soon. Thanks to the Backstage project (bksbackstage.io), the entertainment industry is in good hands.

It is no secret that today a huge number of different spheres are moving to blockchain technology. New connections and tokens are emerging. Unfortunately, the entertainment industry has been somewhat offended in this sense, not getting enough attention. The Backstage project aims to correct this injustice. Due to very flexible financing via cryptocurrencies, this project will contribute to the overall development of the entertainment industry.

One of the main tasks of this project is to solve many problems that the entertainment industry faces today, and will certainly face in the future.

Speaking of which, the project has already solved one of those problems. By creating its Backstage $ BKS token, the project made it possible for millions of users around the world to quickly, conveniently, and very easily pay with these tokens to purchase tickets to music concerts, exhibitions, sports and cultural events, festivals, and other events.

By purchasing these tokens, you become an important part of the user community, which already includes public, private enterprises, as well as individuals. Through the purchase of project tokens, each user contributes to its ecosystem, getting a great opportunity to use proven applications, etc.

Backstage project

What the bloggers say about Backstage

“I think NFTs are going to be getting bigger and bigger so of course the event industry and the need for these tokens and that saw we’re going into a tokenised world there needs to be a certain token at these events anyway”

“So if you start to think about that it would have been really helpful if you had a sort of currency that’s universal that’s only used for these events. Mostly of the idea that if they have that specific currency very often they spend way more and that’s  also why a lot of these event hosts like to give these tickets out like for example. if you go to a festival you’re gonna get these tokens for example that you have to buy up front because that way you spend more”, by Dusty.

Follow the news of the project to be aware of what the famous people in the field of cryptocurrency are saying about the project. 

Become part of a major project today

Even now everyone can join the project’s community and make an important contribution to its innovative development by supporting the event industry not in words, but in deeds. By simply purchasing tokens that you can then use to pay for tickets to the biggest events, you are providing an important source of funding for the entire entertainment industry.

The benefits of Backstage that make this project attractive to investors

Investing money in a new project always carries some risks. Yet we can point to several reasons why Backstage can be trusted:

  1. This project has already attracted the attention of crypto investors and popular YouTube bloggers.  A famous blogger … even made a very interesting video about this project. Be sure to watch it, if you haven’t yet.

  2. Famous auditing company … audited the project’s smart contracts and concluded that this project can be trusted, all their contracts are safe, and dApps is absolutely real.

  3. Ample opportunity. Investing your money in the purchase of tokens of the project, the user has the opportunity not only to keep these tokens in the wallet (which, incidentally, is also developed by experts of this project is very functional and convenient), but also to participate directly in the implementation of innovation, to receive funding from other community members, and so on.

  4. A clear and transparent distribution of all attracted resources. Each investor of the project can go to his site and see, for what purposes and tasks his money is directed.

  5. A well-known team. No one of the participants of the team hides under popular pseudonyms. With experience and history of success of each participant of the team you can familiarize yourself on a site of the project.

This project was created to make the entertainment industry as close to users as possible and absolutely transparent. The future creation of the platform of this project will enable all components of the events ecosystem to interact in the most secure and effective way.

Today, the entertainment industry is one of the most in-demand industries in the world. After all, there is not a single person who has not gone to a movie, concert, theater, or exhibition in his or her lifetime. Many people attend such events all the time, so the creation of the backstage project and its token turned out to be just right.

We are sure that you will be able to appreciate all the features of the project by visiting its website bksbackstage.io. Also do not forget to subscribe to the social networks of this project:

Twitter: https://twitter.com/BackstageBks

Reddit: https://www.reddit.com/user/BKSBackstage

Instagram: https://www.instagram.com/bksbackstage/

Linkedin: https://www.linkedin.com/company/bksbackstage/

Medium: https://medium.com/@bksbackstageofficial

Disclaimer. This article is paid and provided by a third-party source and should not be viewed as an endorsement by CoinIdol. Readers should do their own research before investing funds in any company. CoinIdol shall not be responsible or liable, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any such content, goods or services mentioned in this article.

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Source: https://coinidol.com/entertainment-industry-backstage-project/

Blockchain

ATOM Technical Analysis: Bulls Drive Price Above the Rising Channel

ATOM technical analysis

Rate this post The strong uptrend of the ATOM coin has given a bullish breakout of the parallel channel. Some in the cryptocurrency industry are concerned about the high degree of fragmentation that is evident in blockchain networks. There are hundreds of blockchain networks. However, only a handful can communicate with each other. Cosmos seeks to reverse this situation by making communication possible. Cosmos has been described as “Blockchain 3.00”, and it is a goal to make it simple to use. It is a software development platform that emphasizes modularity. This allows the creation of a network with code fragments that already exist. As a long-term goal, complex applications will become easier to construct. Scalability is another priority. That means transactions can be processed faster than with older blockchains such as Bitcoin and Ethereum. Blockchains must be able to handle the demands of payment processing companies, websites, and other users if they want to achieve widespread adoption. Past Performance of ATOM ATOM coin price faces a short-term retracement in spite of this, the bullish rally represents an uptrend.  On September 06, 2021, ATOM opened at $25.75. On September 12, 2021, LINK closed at $34.91. Thus, in the past week, the LINK price has increased by approximately 35.65%.  Source – Tradingview ATOM Technical Analysis ATOM coin price is trading at $37.52 at the time writing with a rise of 15.65% in the past 24 hours. The overpowered uptrend has broken out of the rising parallel channel thanks to the tremendous rise in buying pressure. Source – Tradingview The strong uptrend of ATOM cryptocurrency has given a bullish breakout of the parallel channel. Furthermore, the recently made lower price rejection near the $30 mark indicates a successful retest. Thus, the breakout of the $40 level may catalyze the bullish rally and help reach the $60 mark.   As per the pivot points, the ATOM coin price may find resistance near $50 and $60. And the support levels are at $35 and $30. The exponential moving averages of 50, 100, and 200-days rise higher in the bullish formation. They may act as support levels in case of an unexpected downfall. Currently, the RSI indicator is residing at 72% as it falls resulting in a bullish divergence pattern. The divergence forecasts a dip shortly.  Furthermore, the ATOM coin price is moving above the bullish cloud of the Super Trend projecting an uptrend in motion. The uptrend grows stronger as the price retests the bullish breakout. Day-Ahead and Tomorrow ATOM token price grows in an uptrend by breaking above the parallel channel. The possible breakout of the $40 level serves as an excellent entry spot upon retest with minimum risk.

The post ATOM Technical Analysis: Bulls Drive Price Above the Rising Channel appeared first on Cryptoknowmics-Crypto News and Media Platform.

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The strong uptrend of the ATOM coin has given a bullish breakout of the parallel channel.

Some in the cryptocurrency industry are concerned about the high degree of fragmentation that is evident in blockchain networks. There are hundreds of blockchain networks. However, only a handful can communicate with each other. Cosmos seeks to reverse this situation by making communication possible.

Cosmos has been described as “Blockchain 3.00”, and it is a goal to make it simple to use. It is a software development platform that emphasizes modularity. This allows the creation of a network with code fragments that already exist. As a long-term goal, complex applications will become easier to construct.

Scalability is another priority. That means transactions can be processed faster than with older blockchains such as Bitcoin and Ethereum. Blockchains must be able to handle the demands of payment processing companies, websites, and other users if they want to achieve widespread adoption.

Past Performance of ATOM

ATOM coin price faces a short-term retracement in spite of this, the bullish rally represents an uptrend. 

On September 06, 2021, ATOM opened at $25.75. On September 12, 2021, LINK closed at $34.91. Thus, in the past week, the LINK price has increased by approximately 35.65%. 

ATOM Technical Analysis

ATOM coin price is trading at $37.52 at the time writing with a rise of 15.65% in the past 24 hours. The overpowered uptrend has broken out of the rising parallel channel thanks to the tremendous rise in buying pressure.

The strong uptrend of ATOM cryptocurrency has given a bullish breakout of the parallel channel. Furthermore, the recently made lower price rejection near the $30 mark indicates a successful retest. Thus, the breakout of the $40 level may catalyze the bullish rally and help reach the $60 mark.  

As per the pivot points, the ATOM coin price may find resistance near $50 and $60.

And the support levels are at $35 and $30.

The exponential moving averages of 50, 100, and 200-days rise higher in the bullish formation. They may act as support levels in case of an unexpected downfall.

Currently, the RSI indicator is residing at 72% as it falls resulting in a bullish divergence pattern. The divergence forecasts a dip shortly. 

Furthermore, the ATOM coin price is moving above the bullish cloud of the Super Trend projecting an uptrend in motion. The uptrend grows stronger as the price retests the bullish breakout.

Day-Ahead and Tomorrow

ATOM token price grows in an uptrend by breaking above the parallel channel. The possible breakout of the $40 level serves as an excellent entry spot upon retest with minimum risk.

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Source: https://www.cryptoknowmics.com/news/atom-technical-analysis-bulls-drive-price-above-the-rising-channel/

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Blockchain

TIME100: Why Ethereum’s Vitalik Buterin Deserves The Spot

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TIME100: Why Ethereum's Vitalik Buterin Deserves The Spot

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The annual ultra-prestigious Time 100 Most Influential List is out featuring everyone from Apple’s Tim Cook to Tesla’s Elon Musk and the World Trade Organization’s first female boss Ngozi Okonjo-Iweala. The cryptocurrency industry had just one slot and 27-year-old billionaire and Ethereum co-founder, Vitalik Buterin clinched the spot.

Nominated by Reddit’s co-founder, Alexis Ohanian, Vitalik made his debut on the influential list under the innovators’ category for his magnificent strides in the world of blockchain through the creation of Ethereum. Ohanian, who has been an ardent follower of Buterin from the infant stages of his career, was quick to add:

“No other person could have possibly come up with all of the uses of Ethereum, but it did take one person’s idea to get it started. From there a new world has opened up, and given rise to new ways of leveraging blockchain technology — some of which I’ve invested in.” Ohanian said in response to the global strides of Ethereum. “Whether it is start ups like Sorare reinventing fantasy sports or Rainbow users showing off their NFT collections, none of this would’ve existed without Vitalik’s creation.”

Why Buterin? Well, here are the top reasons we think.

A builder of builders

In one of Ohanian’s remarks, he referred to Vitalik as a builder’s builder and it’s not so hard to see. With a solid $400 billion community harboring a plethora of life-changing DeFi’s and pleasure-giving NFTs, the Ethereum blockchain has successfully set the ball rolling for one of the most ingenious use cases for blockchain.

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Beyond payment solutions and cryptocurrencies, newer startups are developing tools that leverage blockchain technology in areas of real estate, supply chain management, voting, user privacy and security, statistics, etc. There are now close to a 3.5 million registered DeFis and over 2000 registered DApps fully operational and domiciled on the Ethereum mainnet.

A hub for all

Bitcoin may have the magic of low transaction fees and more popularity but Ethereum has the record for the largest number of innovative developers on a single platform. There are over 40 million unique addresses with over 250,000 developers working out close to half a million daily transactions amounting to approximately $1.5 billion per day in volume. This makes Vitalik’s Ethereum the busiest tree for many birds in the crypto ecosystem. 

Bitcoin’s Satoshi Nakamoto and Cardano’s Charles Hoskinson may have earned premium accolades within the community for bringing up the first crypto and becoming the first to deploy its technology to Africa on a significant scale respectively, but Vitalik’s achievement stands true. It’s been a phenomenal year for the 27-year-old, first stepping into the Forbes billionaire club back in March and now cementing his place as an undeniably global person of influence — and he’s only 27 yet.

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Source: https://zycrypto.com/time100-why-ethereums-vitalik-buterin-deserves-the-spot/

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Ethereum Competitor Announces $230,000,0000 Token Sale After Surging 80% This Week

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An Ethereum competitor has surged nearly 60%, hitting its all-time high this week, even while the majority of other crypto projects have moved sideways on the price charts.

The smart contract platform Avalanche (AVAX) is trading at $65.02 at time of writing, having achieved an all-time high of $68.34 at one point on Thursday, according to CoinGecko.

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The Avalanche Foundation also announced on Thursday that it had completed a $230 million private token sale to a slew of blockchain asset investment firms, crypto hedge funds, angel investors, and family offices, including Polychain Capital and Three Arrows Capital.

The foundation plans to allocate this money into expanding decentralized finance (DeFi), enterprise applications, and other use cases on the Avalanche public blockchain. The sale was completed in June.

According to Avalanche Foundation director Emin Gün Sirer,

“Despite being years younger than its peers, Avalanche has quickly turned promise and potential into real-world impact and value creation for DeFi users and developers.

The community of builders rallying around the network is a testament to its competitive edge, and there is still so much potential yet to be tapped at the intersection of institutional and decentralized finance on Avalanche.”

Recent research from the early-stage venture capital firm Outlier Ventures indicates that Avalanche has demonstrated explosive growth in terms of developer activity during the past year.

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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

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Source: https://dailyhodl.com/2021/09/17/ethereum-competitor-announces-2300000000-token-sale-after-surging-80-this-week/

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