Users can now gain early access to NFTs before they eventually launch on the marketplace.
Miidas, a multi-chain Non-Fungible Token (NFT) platform that supports the Core chain, has introduced a presale launchpad for NFT collections.
The NFT presale launchpad allows users to gain early access to any Core NFT collection before they list on the marketplace. Miidas, while announcing the innovation on January 25th via Twitter, disclosed some of its unique features, including an anti-rug function.
✨New Feature Update
Launch your NFT collection presale anytime! 😊https://t.co/cavyIgmWCv
✅Auto-activate after security deposit received
✅Deposit is fully refundable
✅If any fraud/rug pull happening, the deposit will be forfeited to pay back the buyers
✅Bulk upload svc. pic.twitter.com/xkau8i049M
According to the announcement, users' deposits are fully refundable. Most importantly, deposits will be refunded to buyers if any potential rug is detected. No more fear of purchasing scam NFTs on the platform!
While Miidas will take several measures to keep the platform secure, BSC News advises users to Do Your Own Research (DYOR) before investing in any NFT presale. Interested users should visit the Miidas NFT Presale page and select the CoreDAO Testnet for more information.
Core DAO is the official decentralized organization developing the Satoshi Plus ecosystem. It represents an opportunity for miners to access new revenue streams by contributing hash power to the chain. Inspired by the principles of both blockchains, Core displays a deep appreciation for the crypto ecosystem's history and an even greater excitement for Core’s role in its future.
Website | Docs | Twitter | Discord |
Miidas is the world's first non-fungible token (NFT) marketplace for both digital and physical assets, a project backed by Bitgert Brise chain. Miidas is also one of the largest NFT platforms in Asia, providing an all-in-one platform, including a marketplace, launchpad, and staking pool for creators and investors. Miidas currently has over 6000 NFTs and over $850k volume traded since May 2022.
Website | Twitter | Telegram | YouTube |
A recap of the second round in the latest iteration of Battle of the Dapps.
The Group B contest in Battle of the Dapps has come to a close, with Venus advancing to the grand finale after seeing off strong competition from Wombex and DeRace.
Venus earned their spot in the final, winning both the community vote by 46%, as well as one judge's vote for their experience and maturity in the industry with regard to longevity and community. The other judge's vote went to DeRace, leaving the score at 2-1 in favor of Venus.
If you're unfamiliar with the rules of Battle of the Dapps, check out this explainer article!
Here's how it all went down in Round 2.
The first question from the host, Tom, centered on Security. Wombex representative Sami, who is the Co-Founder and Business Development Lead, spoke about how security is their number one priority and that they see it as an ongoing process, having done three security audits from Slowmist, Peckshield, and Zokyo. DeRace rep and CEO, Adomas discussed how they try to keep their smart contracts as small as possible besides the regular auditing in order to honeycomb things, their bug bounty program, and staff training to prepare themselves ahead of potential hacks. On the other hand, Patrick, who is the Product Marketing Manager at Venus, expressed how security comes at the forefront of what they do, being a major player on BNB Chain. "We have a lot of support as far as those who are willing to keep a strong eye on our systems to make sure everything is safe and secure", says Patrick.
The second round of questions targeted Longevity. Wombex rep discussed how they had modeled their tokenomics based on what they see works, albeit the existence of critics of veTokenomics. Following up, DeRace took pride in its high level of transparency with the community and how they've focused on developing new features and expanding the platform. They have also prepared all the necessary materials to help standard non-blockchain users get into the project. Venus spoke about rolling out Venus Prime, a reward-based program, in a bid to incentivize users from moving liquidity to other platforms and increase demand.
The last set of questions was about community. Wombex discussed how having a large veWOM position is critical to its plans to provide the best positive yield for liquidity providers and a share of protocol revenue. Wombex plans to continue to increase its veWOM position and maintain its lead. DeRace explained how they had created a ticketing system to help users submit concerns and feature requests, which the staff members regularly review. Finally, Venus representative spoke about how the Venus Ambassador Program has paid phenomenal dividends and brought users to the protocol. He also laid emphasis on the in-person events that helped put a face on the protocol over time.
This section saw the three competitors ask each other questions, touching on various challenges faced by the projects and the DeFi space in general. Check out the recording of the event to hear the full questions and responses from the projects!
BSC News would like to thank all three participants in Group B for their efforts and remind them that all participants contribute immensely to the growth of DeFi. BSC News would also like to thank the sponsor of Battle of the Dapps, Lend Finance, without whose support this event would not be possible.
Group C, comprised of Velvet Capital, NFTbMarket, and Cryptopolis will battle for the last spot in the grand finale on February 3 at 7 PM UTC. Follow the official BSC News Twitter account to receive updates on the event, and tune in to the official Twitter Space!
Core DAO has announced the date for the much anticipated $CORE airdrop.
After much anticipation, Core DAO has announced the specific date for the $CORE airdrop to eligible miners.
Core DAO first teased users on Twitter with an image and the caption “8.2.2023.” Following the tweet on January 30, there was much controversy as many users had several thoughts about the date. Many even stated that the $CORE would be listed on February 8th. After much speculation, Core DAO revealed that it’s the date is for the CORE airdrop.
Officially starting the $CORE Airdrop countdown 💣
Mark your calendars for February 8th🗓️ 8 days to go! More details coming soon. #CoreDAO #SatoshiPlusConsensus pic.twitter.com/efCz7Fi1Uw
According to details in the Satoshi application, the first withdrawal processing time is February 6th. Thus, Core miners should endeavor to link their withdrawal wallet addresses before then. Core DAO will also reveal more details about the airdrop shortly.
Now that the $CORE airdrop is imminent, users may soon start to trade the coin. With the number of exchanges supporting $CORE’s listing, users expect a significant asset value. The countdown is already on.
Core DAO is the official decentralized organization developing the Satoshi Plus ecosystem. It represents an opportunity for miners to access new revenue streams by contributing hash power to the chain. Inspired by the principles of both blockchains, Core displays a deep appreciation for the crypto ecosystem's history and an even greater excitement for Core’s role in its future.
Website | Docs | Twitter | Discord
The Internet Computer comparatively outperforms all other major blockchain networks, fitting its potential to reinvent the internet.
The Internet Computer is here to usher in a new blockchain revolution. As the world moves to bring more of our lives on chain, the scalability, speed, and security of each blockchain are crucial to its potential adoption in the mainstream.
So far, Ethereum has reigned supreme across the blockchain in terms of popularity. As the original smart contract deployer, Ethereum ushered in the world of Web3 recognizable today.
But there is another step coming. One which has the power to grow the world of Web3 at a level unattainable by any other blockchain at this time. The level will be reached by the Internet Computer.
Here we take a look at the Internet Computer in comparison to other major blockchain networks in Web3 to see why it has the potential to usher in this new revolution.
The blockchain industry has operated mainly between two basic consensus systems so far: proof-of-work and proof-of-stake. Apart from Bitcoin, nearly all major networks now operate with a proof-of-stake model. The Internet Computer system has its own Chain Key innovation to perform blockchain processes without limits.
Validator count is a key metric for measuring the relative centralization and scalability of a blockchain.
The data storage capability of the ICP system also helps it stand out. The network stores
All other chains resort to data API packagers like Bitquery to manipulate the data and then usually store the data on conglomerate Web2 providers like Amazon and Google. The ICP way of storing data is more ecological as well as smarter economics because it stores the data entirely on chain without the need for any third-party providers.
So far, the blockchains of the world have been surprisingly limited in ability. For the world of mass adoption to arrive, chains like Ethereum and BNB Chain, which are the most active and voluminous chains in the world, must improve throughput capabilities to accommodate more transactions. The ICP does not have that problem and uses exponentially growing subnets of nodes to allow indefinite scalability.
Every blockchain has different speeds and capabilities. Unlike with scalability, the metrics are measurable and comparable. Metris like block size, block time, average transaction size, and transactions-per-second (TPS) can be used to compare the processing speed of a blockchain. Using its innovative Chain Key feature, the Internet Computer is by far the fastest blockchain processor.
The fees to facilitate transactions are a key metric for users. If the fee is too big, it does not always merit the transaction for some users. The opportunity costs are too high. But as chain scale and grow, the fees can come down. ICP, with all its advanced tech, understandably had one of the fastest speeds.
The Internet Computer outperforms all blockchain networks in nearly every metric. The burgeoning ICP ecosystem has enormous potential to outgrow the other networks due to its innovative, advanced technology. The future of Web3 has a chance to be defined by the Internet Computer because of the unique abilities that set it apart from the rest of the networks. It’s truly a next-level upgrade for blockchain technology.
Note: Much thanks to the Nov. 5 post by Abel Odoh at Infinity Swap which was a major resource for this article.
Internet Computer (ICP) is a set of protocols that allow independent data centers around the world to band together and offer a decentralized alternative to the current centralized internet cloud providers. The Internet Computer is a World Computer blockchain that can host and run mass-market social networks, online games, video streaming services, or enterprise systems entirely on the blockchain itself — eliminating the need for centralized IT and cloud services. The native ICP token is used for governance (holders can vote on the future of the network), to reward network participants for good behavior, and is used to pay fees for making transactions.
Website | Twitter | Medium | Discord |
Users who trade on Pi Chain Mall will withdraw their Pi coins from the dApp shortly.
Pi Chain Mall (PCM), the largest marketplace on Pi Network, has updated users about its withdrawal function for merchants. Pioneers will be able to withdraw Pi from PCM shortly.
According to the protocol’s Twitter thread on January 30th, the feature will be launched this week. However, the team did not disclose any specific date.
1/3
PCM latest update
1⃣ Real Pi withdrawal is scheduled to open later this week. The 2FA Key will be RESET for the LAST TIME (‼Users MUST save the 2FA Key generated by the system. If lost, it cannot be retrieved).#PiNetwork #PiChainMall #PiHackathon #Pi pic.twitter.com/5BFFMoICsT
Users interested in withdrawing Pi on the platform must complete email verification and set up a 2FA key. PCM’s tweet has instructions on verifying and setting up a 2FA key using Google Authenticator.
During the withdrawal test period, users can withdraw 50 Pi daily. Further, the PCM team stated that a “Merchant Verification Mechanism” is under development. When this is complete, Pioneers can withdraw thousands of Pi daily.
In other news, PCM will also launch its customer service for Pioneers on February 1st:
The Pi Chain Mall customer service is now in pilot stage. Apart from the Pi withdrawal function, we will also launch the customer service on 1st February. The service will be available for 24/7.#PiNetwork #PiChainMall #Pi #PiHackathon @PiCoreTeam pic.twitter.com/cTNsyDIzky
Remember to follow the instructions in the thread to learn how to verify your email and set up the 2FA key using Google Authenticator. BSC News will update you when the feature goes live.
Pi Network is a novel cryptocurrency and developer platform that allows mobile users to mine Pi coins without draining the device’s battery. Pi’s blockchain secures not only economic transactions via a mobile meritocracy system but also a full Web 3.0 experience where community developers can build decentralized applications (Dapps) for millions of users.
Website | Twitter | LinkedIn | Facebook | Instagram |
The deadline will be extended to the end of February as BNB Chain unveils new fundamentals of focus for the program.
BNB Chain has extended the deadline to the end of February for application submissions to the sixth edition of the Most Valuable Builder program.
The application extension was announced in a blog post from DAVID.BNB, on January 30, that also detailed a new founder-focused framework that will emphasize eight fundamentals during the application process. BNB Chain has chosen the eight fundamentals because they are focus areas chosen specifically to help coordinate growth on the chain.
The eight fundamentals have a wide scope of potential impact. BNB Chain lists ZkKYC, infrastructure development for areas like Decentralized Finance (DeFi), GameFi, and Non-Fungible Tokens (NFT), plus derivatives-related projects. BNB Chain hopes projects will be open to exploring these different fundamentals but has expressed interest in projects outside these areas of expertise.
For more information about how to apply, please see the blog post from BNB Chain.
Previously known as the Binance Smart Chain (BSC), BNB Chain is a community-driven, decentralized, and censorship-resistant blockchain that is powered by Binance. It consists of BNB Beacon Chain and BNB Smart Chain, EVM compatible and facilitating a multi-chain ecosystem. Through the concept of MetaFI, BNB Chain aims to build the infrastructure to power the world’s parallel virtual ecosystem.
Website | Twitter | Discord | Telegram | GitHub |
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Buy Crypto with a bank transfer, credit or debit card, P2P exchange, and more. Not investment advice. All trading risk. Terms apply.
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Buy Crypto with a bank transfer, credit or debit card, P2P exchange, and more. Not investment advice. All trading risk. Terms apply.
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Buy Crypto with a bank transfer, credit or debit card, P2P exchange, and more. Not investment advice. All trading risk. Terms apply.
