Global digital asset exchange, Poloniex today announced that it has formed a strategic collaboration with Fantom Foundation to assist the development of its ecosystem.

The former co-head of digital assets said he wanted to assist in the maturation of the crypto market via a new venture

The post Citi Director Leaves To Start Own Crypto Company appeared first on Blockworks.

With the metaverse projected to arrive in 2030 and the blockchain and NFTs already the source of innovations in multiple industries, the world continues to advance into a future that has the potential to be different from what most people have experienced. However, is the general public ready for technology that may change our understanding of society and give us a three-dimensional Internet experience? A recent study found that 98% of people are unsure about basic crypto concepts, and another poll found that ⅓ of respondents had never heard of the metaverse. NFTs are also not widely understood. While it is true that much of the technology behind these advancements is still in its infancy, meaning we are not on the verge of The Matrix quite yet, it raises the issue of how to help individuals become more familiar with such innovative technology. Metaem, led by Founder and CEO Syed Fahad, states that in order to assist more people with embracing the changes, it has created a state-of-the-art NFT marketplace and plans to also provide a path to exploring the metaverse.

The Problem of Rapidly Changing Technology vs. the General Public's Understanding of It

The blockchain and the technology being innovated on it includes NFTs. In a national survey, only 27% of Americans said they were very familiar or somewhat familiar with nonfungible tokens. 

Metaem says, “It is possible that NFTs are being innovated faster than the public is aware of. They first emerged as a way to certify photos, digital art, music, videos, and more. However, their use is being expanded as engineers develop their potential. Industries that include real estate, auto, and even medical care are exploring how NFTs can be incorporated into their business structures. The implication is that businesses are developing a technology that will perhaps be part of all of our lives, yet individuals are unsure of what that tech actually is. This is the perceived gap that at Metaem, we are working to help the public overcome.”

How Metaem Is Trying to Help More People to Understand and Become Comfortable with NFTs

The company states that it has created an NFT marketplace that it describes as innovative and easy to use. “Our primary goal,” Metaem continues, “is to give as many people as possible the chance to learn about NFTs and feel more confident about their knowledge of what they are and how they are used.”

The marketplace, the company explains, allows users to buy, sell, and store NFTs. “We first focused on education, as individuals can at times feel unsure when they use new technology. We included a short tutorial on what NFTs are, how they are minted, and what can be done with them.”

With that knowledge, Metaem states, users can potentially feel more confident as they buy and sell NFTs with other people. “We envision this as helping the public to become more used to nonfungible tokens, and, by extension, to adapt more easily to any changes in our society as the usage of NFTs is innovated. We hope more people will embrace the changes as they learn about NFTs through our platform.”

Future Blockchain Developments Planned by Metaem

To provide a way for individuals to go deeper into the technology Metaem predicts is on our doorstep, the company announces it will be launching a cryptocurrency and NFT gaming in the near future.

“The goal is to use our platform to build a solid foundation for the generations to come,” the company says. “We are working to provide as many people as possible with the potential to understand this technology, the uses of which are evolving daily.”

What Metaem May Mean for the General Public

While it cannot be predicted where NFTs and the metaverse may take our world, Metaem's work to provide the public with a foundation to learn about and use NFTs, and eventually the metaverse, may be a step in the right direction. After all, few can dispute that knowledge is power and that the more you use something, the more you may be able to understand it and perhaps capitalize on its potential.

Metaem is led by Founder and CEO Syed Fahad and Tim Gillean, his partner/mentor and a Texas real estate mogul. After establishing themselves in the business world, the two have shifted towards crypto mining, NFTs, digital assets, and the metaverse. The partners plan to revolutionize the metaverse through Metaem.

More more information about Metaem, please follow the company at https://mobile.twitter.com/Metaem or contact:

Shane Dwitizki

Email: [email protected]

Phone: (512) 590-5824 

 

IMF administrators need the scope of the Bitcoin regulation constricted to strip authorized tender standing off the digital asset Last 12 months on September seventh, El Salvador, led by a Bitcoin optimistic president, Nayib Bukele, formally adopted the king cryptocurrency Bitcoin as authorized forex. Several monetary establishments, together with the World Bank and the International […]

The post IMF tells El Salvador to renege Bitcoin’s standing as authorized tender appeared first on Bitcoin Upload.

Brookings, one of the most influential think tanks in Washington DC, is ringing alarm bells about privacy coins like Monero and Zcash.

The post Top US think tank warns Monero, Zcash could help evade sanctions appeared first on Protos.

A look at the limitations of blockchain’s irreversible transactions, from technological failures to hackers and ransom demands shows there is a lot to be desired. Reversibility is required to tackle these issues, and how it must be able to do so without jeopardizing blockchain’s merits. Introduce the solutions proposed by t3rn – and many problems [...]

The post t3rn: The Interoperable Smart Contract Hub appeared first on Blockonomi.

A massive American financial services provider will allow its clients to buy and hold multiple top cryptos, from Bitcoin to Polkadot. 

 Investing in volatile assets such as cryptocurrencies can be tricky since it requires traders to gauge the market 24/7. However, tools like the stock-to-flow (S2F) model can be used to make investments rationally. Just like the traditional capital asset pricing model (CAPM), the S2F model can help anticipate the price of a cryptocurrency like Bitcoin. Let’s understand what is the stock-to-flow (S2F) model and analyze its accuracy for crypto price prediction in this article. Stock-to-flow ratio Explained The S2F ratio provides a number that indicates the number of years crypto will take to reach the current supply (at the current production rate). In general, with the highest number, the crypto asset will be more expensive too. An institutional investor called “Plan B” popularized the concept of the S2F ratio. The SF ratio has a long history of being connected with the price of Bitcoin (BTC), making it a popular approach for predicting future BTC price estimates. Bitcoin is the first and most well-known rare digital object globally, and its supply is limited, just like silver and gold, with only 21 million coins in circulation. The value of Bitcoin increases because of its scarcity, and the S2F takes advantage of this fact to predict Bitcoin’s future price. Bitcoin’s core technology ensures that the number of new coins issued decreases over time, increasing scarcity.  The miner who calculates the hash required to validate a block of transactions, creating a proof-of-work, receives a “block reward,” which is halved after every 210,000 blocks called Bitcoin Halving. The block reward has decreased from 50 BTC in 2009 to 6.25 BTC in 2020. In 2012, it was 25 BTC and 12.5 BTC in 2016, and in the spring of 2024, the next halving will occur. Due to this halving event, BTC’s price rises. The justification can be found in economics- when supply is reduced, scarcity increases, and price hikes too. The scarcity can further be used to forecast future prices or the best time to invest in BTC. The significant amount of scarcity can be evidenced by a higher ratio. Cryptocurrency is similar to precious metals like gold and silver since it cannot be converted into components and is rare. The value generated by the S2F is a relative value that makes it easy to calculate the ratio. The stock-to-flow ratio compares a commodity’s current stock (the total amount available) to new production flow (amount mined during a specific year). Therefore, S2F= Stock/Flow. Let’s understand how to compute the S2F ratio: The stock of Bitcoin was 18,847,331 BTC in October 2021, which is 89.74% of the total supply. The number that represents the stock is subject to change as new blocks are mined every 10 minutes. The flow of BTC at the same time was 328,500. When these numbers are imputed into the stock/flow formula (18,847,331/328,500), the result is an S2F ratio of 57.374. As a result, mining the entire BTC supply would take about 57 years without considering the maximum supply and halving events. Additionally, Bitcoin halving events raise the S2F ratio by increasing scarcity, which causes the price of Bitcoin to rise. For investors to understand why Bitcoin is categorized as a currency rather than a commodity, this is the most significant statistic. Limitations of the stock-to-flow ratio The model ignores the demand of a cryptocurrency while computing the ratio and considering only supply. However, both demand and supply factors are equally essential to determining asset price. Hence, if demand falls for BTC, the price will decline too; it doesn’t matter if the halving event leads to BTC price rise. Volatile price swings influence the cryptocurrency market, and in periods of high volatility, an investor may sell their holdings. This reaction may lead to the price decline due to the liquidation of the long positions. The S2F ratio ignores the volatility factor too. Another hypothetical situation like a black swan event may prohibit investors from trading cryptocurrencies, leading to a decline in the price of digital assets under consideration. The S2F ratio does not take this factor into account while predicting the future price of BTC. How to trade using the stock-to-flow ratio? Learning how to use the stock-to-flow approach in cryptocurrency trading could be advantageous despite these shortcomings. According to the model’s history, when a cryptocurrency’s stock-to-flow ratio rises, so does its value. This connection can assist you in making investment decisions. A high stock-to-flow ratio, such as 60 or above, indicates that relative scarcity is high, meaning that prices will rise as well. However, when investors see this ratio, they may decide to sell some of their Bitcoin to profit from the current high price. They may also buy more if the ratio is low but predicted to rise in the future. Understanding how to leverage the stock-to-flow ratio in crypto can … Continued

The post Is Bitcoin Stock-to-Flow Accurate for Price Predictions? appeared first on Cryptoknowmics-Crypto News and Media Platform.

Political events have recently flipped the crypto market on its head, causing unforeseen impacts across the markets. However, none of the effects are hitting The Sandbox. Shortly after the announcement of hitting 2 million users, The Sandbox continues to expand its business with a meaningful partnership for women. To celebrate International Women’s Day, The Sandbox, [...]

The post The Sandbox & World Of Women Team Up For A Women-Centric Initiative appeared first on Blockonomi.

PeaceDAO, the organization that advocates for world peace and for the prevention of national conflicts and class struggles through cryptography, has announced that it is building a real country that will belong to the cryptocurrency world as well as exist within a real-world map. PeaceDAO plans to use DAO, Decentralized Autonomous Organization, to govern the country and provide a potentially safe place for those displaced by war to rebuild their lives.

The development comes as war in Eastern Europe continues. With the Russian invasion of Ukraine, more than a million people have been displaced, with many crossing the border to find relative safety in Poland, Romania, Moldova, Slovakia, and other countries. At the time of this writing, an end to the conflict is not in sight, and the exodus of Ukrainian refugees continues.

PeaceDAO states that it is developing an initiative to assist people who have been affected by the upheaval caused by military actions in Ukraine as well as war in other parts of the globe. “Through our work, we seek to help the world to avoid a third world war that could kill even more innocent civilians,” a spokesperson says. “Through cryptography, we aim to limit the misunderstandings and geopolitical tensions that continue to cause wars. These conflicts, as we all know, leave behind death, destruction, famine, and other miseries that cause people across borders as well as subsequent generations to suffer. It's this suffering that drives us hard towards our ultimate goal: achieving global peace through a new economic system based on decentralized governance. To accomplish this, we plan to create a new country, one that divests from traditional geoeconomics and geopolitics.”

Central to PeaceDAO's work is DAO, an autonomous  organization which is reinforced by cryptology. DAOs, the team explains, are organizations which are not governed by a single administrative unit but may contain various businesses and organizations spread around the world. 

“A DAO is an organization that may issue its own cryptocurrency that is based on the principle of collaboration rather than the management of a single person,” the company says. “The DAO is programmed so that it is constantly optimized, either by improving its own source code or by making changes in its business model. Those responsible for the operation of DAO will be both people and computer programs. The biggest difference between DAO and a traditional company is that no one has control over the DAO, which is community driven.”

PeaceDAO states that its project extends the boundaries of the blockchain industry and has the potential to be not only a wealth creator but also an advanced governance system using DAO. "There are no borders and no class contradictions - only fair nodes in a blockchain-based world. By enlisting the help of our cypherpunk community, we believe we will be able to accomplish what has eluded us for too long: peace.”

PeaceDAO is a community-led organization that believes truth and love can only be found in a peaceful environment. Its vision is of a world that sees the true power of communities that dream of a better future for everyone. For more information about PeaceDAO and its work to provide post-war devastated people the opportunity to start over in safety, please see the company's website or contact:

PeaceDAO

[email protected] 

The Financial Crime Enforcement Network (FinCEN) mentioned cryptocurrency in its latest alert on Russian sanctions. FinCEN advised all financial institutions to be “vigilant against potential efforts to evade the expansive sanctions and other U.S.-imposed restrictions implemented in connection with the Russian Federation’s further invasion of Ukraine.” The agency reminds financial institutions that they have an […]

The post FinCEN Mentions Crypto in New Warning On Russia Sanctions appeared first on Coin Bureau.

Across the horizon, the metallic body of a car gleams at the light of the dying day. Its contours are soft, bearing no trace of the old industrial world. Its resplendent dark finish almost hides it from the eyes of those who look on from the ground as night settles into the city. From afar, multitudes of other vehicles enjoy the freedom of the air, alongside friendly dragons whose majestic wings spread into the neon-splashed night—all removed from the former hustle and bustle of the cesspool that was the modern world. With buildings of glass, metal, and neon shooting into the heavens, this new and better world is framed as what future dreams are made of.

This whole new world is yours for the taking.

This is MetFX.

MetFX: No Competition

A metaverse that has no competition, MetFX soars into the scene with its unique offering of a full 3D movie-going experience at the comfort of its users' home. Its captivating digital environment thrives with public showings of the latest blockbusters and real estate that users can buy to build their own screening rooms. The income avenues are limitless through MetFX's in-bound Play-to-Earn games and its provision for users to create, list, buy, and sell NFT avatars, accessories, structures, and equipment through the NFT marketplace. Creators and artists are open to earning royalties from the sales of their NFT assets.

While still at its infancy, MetFX's developers have ascertained its potential for further development, eventually expanding its services to include cutting edge AR and VR technology. As these are being undertaken behind the scenes, MetFX's marketing arm is whipping up sure-fire ways to attract and reach out to a wider audience. Suffice it to say, everything that the marketing team has in store is more than what you can expect from a metaverse.

Accessible across all platforms, the MetFX app may be downloaded to all types of mobile devices and even to one's personal computer.

Impresses Even Before Launch

MetFX is set to impress with a whopping 50,000 active participants upon its launch. And with the way things are looking now, that number is primed to increase. MetFX had participated in multiple IDOs, allowing the exposure it is due as it raises the funds that it needs to take it off the ground.

A Team Geared for Success

Fully-doxxed, MetFX's team leaves no room for unease and suspicion when it comes to its founders and movers. A team of talented and skilled professionals, MetFX's team is assured of success in this widely-anticipated project launch. Get to know each one of them by visiting MetFX website at http://www.metfx.io 

More Than Just an Escape

Flipping that old Shakespearean line, "what dreams may come," MetFX bears the promise of what human interaction may culminate into. To say that immersing yourself in MetaFX's metaverse is a form of escape may hold a truth in it. But mind you, MetFX is more than just that; it is a venue where your dreams may come into fruition as you recover your sense of self that has gotten lost in the cacophony of the real world.

Ecosystem

MetFx's integrated ecosystem is designed to encourage utilization across all sections of the platform, creating a closed-loop and growing economy that drives the value of MetFx tokens. They have also set out the following design principles for developing the integrated ecosystem:

Simplicity

Transparency and traceability are the key advantages of using a blockchain in MetFx's ecosystem. These provide MetFx with the ability to ensure that MFX transactions are properly authenticated and reconcilable. However, the use of cryptocurrencies can be challenging for new users. Therefore, it was crucial for MetFx to optimize the user experience of utilizing MFX within MetFx's integrated ecosystem to achieve high usability.

Sustainability

MetFx's integrated ecosystem is built with a long-term strategic view to ensure the sustainability of the business model. All new business models will undergo a business development process within MetFx for research and exploration by qualified individuals before implementation. This is important to ensure that the business model remains viable for the long term.

Scalability

The development of an integrated ecosystem will be a massive undertaking. Scalability designs will be an important Day 1 consideration for software design because MetFx will be accessible to a worldwide user base. In addition, the platform is designed in a way that is capable of horizontal scaling as new content and functionalities are added to the ecosystem.

Social Connection

Above all things, health and wellness, and safety are always held as the top priority. It goes without saying that the pandemic had highlighted this, leading world leaders, in their attempt to combat the spread of the corona-virus, to mandate nationwide lock-downs. This directed social interaction to the digital realm. Should there be a need for an individual to venture outside, stringent social distancing protocols are implemented. This is especially challenging as humans are naturally social beings.

In the MetFX metaverse, there is no need to establish social distancing. You can interact with your family, friends, and colleagues in movie theaters, parks, and even on the moon if you so desire. If you are feeling adventurous, you can go hunting, fishing, or explore the many worlds in the MetFx metaverse.

Even in times of uncertainty, with the war between Russia and Ukraine, a person can easily escape their environment with the MetFX metaverse. Teleport yourself into a dream world, and do not be limited by your current environment. This is the power of MetFX! 

Partnerships With Meaning

MetFX has partnered up with several huge companies in the industry to guarantee their success. A deal with the full marketing agency of Crypto Kid Finance (http://www.cryptokidfinance.com) has been set in place. Crypto Kid Finance will help assist with day to day marketing, including: 

AMAs with big known communities, multiple  press release media drops, trending on all the major sites, partnerships to be formed, full staffing (mods and shillers) and much more! In addition, MetFX has a deal with Orbit Digital Marketing (https://t.me/orbitdigitalmarketing) who owns thousands of billboard locations, and who have access to many influencers in the crypto space. Orbit has been apart of many successful projects and expect MetFX to be added to that list. Moreover, a partnership with the betting platform of Betswamp (http://www.betswamp.com) – who will be doing a relaunch in the coming weeks, has been formed. 

How To Get Invested In MetFX?

With an expected launch date at the end of April, investing in MetFX is what thousands of investors have been trying to do! Spots are very limited since MetFX will be taking the route of a tier-1 IDO launchpad service, such as a Seedify, DAO Maker, Trust Pad. However, investors are encouraged to try to get in before the IDO announcement by visiting MetFX telegram (https://t.me/MetFXWORLD) and signing up for their whitelist event. For those lucky investors who are able to get in, MetFX presents them an opportunity like no other! Launch is set for April 2022 (exact date TBA). 

Links:

Website: http://www.metfx.io

Twitter: https://www.twitter.com/metfxmetaverse

Telegram: https://t.me/MetFXWORLD

Partners: 

Crypto Kid Finance: https://t.me/cryptokidfinance

Orbit Digital Marketing: https://t.me/orbitdigitalmarketing

Betswamp: http://www.betswamp.com 

Media Contact: [email protected]

Disclaimer:

The information provided in this release is not investment advice, financial advice or trading advice. It is recommended that you practice due diligence (including consultation with a professional financial advisor before investing or trading securities and cryptocurrency.

Submitted by Newscall

[email protected]