DD
MM
YYYY

PAGES

DD
MM
YYYY

spot_img

PAGES

Home Blog Page 4227

How Gemini’s US Exit Is Big News For Fresh Entrants Like Big Eyes Coin And Metropoly?

0

Gemini, one of the biggest crypto exchanges in the US, recently announced its plans to launch a derivatives platform outside the US.

The decision comes as the regulatory environment for crypto companies in the country is becoming increasingly restrictive and uncertain.

This article will delve into how the launch of this new platform could potentially have a significant impact on emerging cryptos with huge potential like Big Eyes Coin (BIG) and Metropoly (METRO).

Gemini Makes Its Move

Gemini’s move to launch its derivatives platform in a jurisdiction outside of the US  was of course a response to the the recent regulations imposed on Crypto over the past few months, being an attempt to avoid some of the regulatory challenges faced by cryptos that primarily operate in the US. Over the past few years, western authorities, in general, have taken an increasingly tough stance on cryptocurrencies, particularly in the area of derivatives trading; but the US is one of the latest territories to actually begin enacting their plans. This has made it more difficult for US-based crypto companies to operate and expand their businesses.

The derivatives platform allows users to trade futures contracts, which are essentially agreements to buy or sell an asset at a future date for a predetermined price. This type of trading can be highly speculative and carries a significant amount of risk, but it can also offer substantial rewards for those who make the right bets. 30 different countries will have access to Gemini’s new platform, including countries with a lot of crypto-related activity such as South Korea, Hong Kong, India, and Switzerland. The US will of course be restricted from its services, which is unfortunate for the users there but is a big stand in the face of stubborn regulators.

The value and impact this platform could bring is actually quite straightforward. Derivatives trading has built up a great deal of interest amongst crypto communities around the world and could be a way for smaller and newer cryptocurrencies to gain more exposure and attract investment. By allowing investors to trade on the value of a cryptocurrency without actually owning it, derivatives make it easier for investors to speculate on the potential success of a coin or token. This, in turn, can lead to increased demand for the cryptocurrency and drive up its value. The launch of a derivatives platform by a major exchange like Gemini could help to legitimize crypto as a whole and increase investor confidence, which should in turn also quell the worries of regulators.

Metropoly Brings Real Equity to NFTs??

Metropoly is a unique project that has taken the world of cryptocurrency and real estate investment to a whole new level. The NFT marketplace allows users to invest in real-life properties using cryptocurrency. It’s a great example of how crypto can be used in real-life scenarios and an early sign of where the market could be heading in the future. The project uses blockchain technology to offer these high-value properties as fractionalized assets for as little as $100. This eliminates the need for intermediaries that charge exorbitant fees and regulations that restrict growth.

The Metropoly platform allows investors to purchase fractionalized NFTs of high-value properties, which can then be rented out to tenants. This enables investors to generate income in the same way as traditional real estate owners, without having to deal with the day-to-day management of the properties. The NFTs can also be bought and sold on the Metropoly platform, allowing investors to exit their positions and realize their profits easily.

Big Eyes Coins Bring the Fun Back

Big Eyes Coin is an exciting meme coin following in the footsteps of Dogecoin (DOGE) and Shiba Inu (SHIB). However, unlike the famously used Shiba Inu mascot, BIG has a cute cartoon cat with big eyes representing the brand instead.

Based on their website, social media, and the entertainment they have planned, including their NFT Sushi Crew, and a group of NFTs that they will start releasing after the formal debut, it appears that they are going all-in on the fun aspects of things.

Big Eyes offer enticing tokenomics: 80% of the 200 trillion supply is sold to the general public at launch, and 5% is kept in a charity wallet that donates to ocean-saving charities. Together, these features of the coin have led to one of the largest presales the market has ever seen for a meme coin.

Currently having raised over $34 million, Big Eyes are definitely worth your attention.

On June 3rd, The BIG presale will end as it prepares to officially launch, an event that has built a large amount of anticipation.

To celebrate this, those who still haven’t bought Big Eyes have the chance to get 300% extra tokens for a limited time when they use the code END300.

As a result, the fan base for Big Eyes is expanding and continuously demonstrating its support.

How Derivatives Might Help New Cryptos?

The ability to trade futures contracts on Gemini’s platform could help to create a more robust market for upcoming crypto projects like Big Eyes.

One of the primary benefits of trading futures contracts is that they can be used to hedge against price fluctuations. For example, a holder of Big Eyes Coin may be concerned about a potential price drop, but could mitigate that risk by selling a futures contract at a higher price. If the price of Big Eyes Coin does indeed drop, the holder would lose value on their holdings, but would make a profit on the futures contract. This can help to stabilize the price of the underlying asset and provide greater confidence to investors.

In addition to providing a new level of liquidity and price discovery, the launch of Gemini’s derivatives platform could also help to increase adoption of cryptocurrencies like Big Eyes Coin and Metropoly. By offering a more robust market for these tokens, Gemini could help to attract new investors who may have been hesitant to invest in these assets due to concerns about liquidity and volatility.

It remains to be seen how successful Gemini’s new platform will be, and how it will impact the broader cryptocurrency market. However, the launch of this platform could represent a significant turning point for the industry as a whole. As regulatory pressure continues to mount in the US, more and more crypto companies may look to expand their operations outside the country. If this trend continues, we could see a major shift in the global cryptocurrency market in the years to come.

For All Things Big Eyes Coin (BIG):

Presale: https://buy.bigeyes.space/

Website: https://bigeyes.space/

Telegram: https://t.me/BIGEYESOFFICIAL

Opensea: https://opensea.io/collection/big-eyes-lootbox-cards

Twitter: https://twitter.com/BigEyesCoin

Top Crypto Exchange Gemini Helps New Cryptos Like Big Eyes Coin & FightOut With Its New Platform

0

April is coming to an end, so you can be assured that this article is not an April Fool’s joke. Something very interesting could be happening in crypto very soon and it’s all thanks to the Facebook-famous Winklevoss Twins. Well, more accurately, a platform they founded.

Gemini is one of the biggest crypto exchanges in the world and their latest move could see them pass even Binance in relevance right now, though more importantly, it could see some of the more unique new crypto on the market receive more visibility than ever before. But what is it that Gemini is doing, and how does this benefit projects like Big Eyes Coin (BIG) and FightOut (FGHT)? 

What is Big Eyes Coin?

The upcoming finale of the Big Eyes Coin (BIG) presale on June 3rd has been making waves in the market, with the new meme coin already raising over $34 million. This is a remarkable achievement for a presale and the trend is expected to continue until the end. The coin’s unique presentation, charitable goals, and an upcoming NFT collection have contributed to its impressive performance.

As a meme coin entering the market after the boom, Big Eyes Coin faced tough competition from established players with years of market experience. However, the project has proven to be solid, and its supportive community has played a critical role in its success.

The success of Big Eyes can be attributed to its tokenomics, which are both lucrative and rewarding to its community. The presale has demonstrated the project’s viability and has created excitement among investors.

Moreover, the coin’s philanthropic goals have resonated with many investors. The project plans to use a portion of its profits to fund charitable initiatives, which has endeared it to many investors who see the coin as a way to contribute to a worthy cause while also making a profit.

Big Eyes is also set to release an NFT collection that promises to be unlike any other. This has created anticipation among investors, and many are eagerly waiting for the release of the collection. With such a unique selling proposition, the coin is expected to attract even more investors, which will contribute to its continued success.

For a limited time until the presale ends, you can use the presale’s final bonus code, END300, and earn 300% extra tokens on top of your purchase.

What is FightOut?

FightOut (FGHT) is a unique web3 platform that aims to revolutionise the way people approach fitness by combining it with the power of cryptocurrency. The platform is designed to help users become the best version of themselves by tracking their progress and rewarding them with tokens.

FightOut is not just about tracking your fitness journey; it’s about providing users with a comprehensive experience that includes a variety of different activities. Users can earn tokens in various ways, such as by completing fitness challenges, sharing their progress on social media, or even participating in virtual competitions in the metaverse.

The use of cryptocurrency in the FightOut platform is significant because it incentivizes users to achieve their fitness goals. By rewarding users with tokens, FightOut is providing a tangible way for users to see the progress they have made and the value they have created for themselves.

The ultimate goal of FightOut is to create a physical gym where users can come together, socialise, and motivate each other as they work out. The gym will act as a hub for the community, providing a space for people to connect and engage with each other.

Gemini’s New Platform Helps the Little Guys

Gemini will be stepping into the world of derivative trading with its new derivatives platform, one that will exclude Gemini’s native US from those who can access its services.

The US Securities and Exchange Commission (SEC) has been cracking down on cryptocurrency exchanges, and its stance towards crypto derivatives has been particularly harsh. Gemini’s CEO, Tyler Winklevoss, has stated that the company has “been considering launching a derivatives platform for a while, but the regulatory environment in the US has made it difficult to do so”.

The new platform is expected to offer a range of cryptocurrency derivatives, including futures, options, and swaps. These financial instruments will allow investors to hedge their crypto holdings and speculate on the price movements of various projects.

The launch of this platform could potentially have a significant impact on up-and-coming cryptos, such as Big Eyes Coin and FightOut. Although these projects have already achieved impressive success, they still lack a significant market presence.

The launch of Gemini’s derivatives platform could be the catalyst they need to establish themselves in the market. By offering futures contracts, the platform could create a more robust market for these tokens and increase their exposure to a broader audience.

For All Things Big Eyes Coin (BIG)

Presale: https://buy.bigeyes.space/

Website: https://bigeyes.space/

Telegram: https://t.me/BIGEYESOFFICIAL

Twitter: https://twitter.com/BigEyesCoin

The Great Compromise: How Roger Sherman Inspired a New Course for America’s Democracy at the 1787 Constitutional Convention

0

In late May 1787 shortly after the subjugation of the British Colonial Government in America, 55 American delegates including George Washington, Benjamin Franklin, Alexander Hamilton, James Madison etc met at the state house in Philadelphia Pennsylvania to decide a constitutional framework for the new Republic. There were currently 13 States of the Republic. Part of the focal points of the Constitutional convention was to avoid the flaws of the moribund articles of confederation which had created a weak centre and too powerful component regions.

The delegates led by George Washington went into serious debate, and lots of compromises were made. Virtually all the delegates agreed that the national government must be made stronger. Many believed that with just a few changes the articles of the confederation could actually be improved upon and be made to achieve the same goal. However, delegates like James Madison, Edward Randolph and George Mason from Virginia felt that the articles must be completely discarded and an entirely new constitution should be drafted.

The Virginia delegates argue that in the new draft, congress should have more powers than the states; the national government should have an executive branch to implement laws created by the Congress and a judicial branch to interpret the laws. It was also proposed in the Virginia plan that states with larger population should have more representatives in congress than smaller states.

However, the idea that states with larger population should have more power was contested by the delegates of the small states. William Peterson of New Jersey argued that each state irrespective of the size should have the same number of representatives at the congress to avoid unequal distribution of power among the states. His argument:

‘’There is no more reason that a great individual state, contributing much, should have much votes than a small one, contributing little, than a rich individual citizen should have more votes than a poor one.’’

The debate continued until a compromise was reached. Roger Sherman of Connecticut suggested that congress should be made up of two houses; one to be called the Senate and the other to be called the House of Representatives. In the Senate, each and every state would be represented by two senators. Hence, the state would be equal in power at the senate. However, in the House of Representatives, population would determine the number of representatives each state had. Thus, large state would have more representatives than small states.

After a critical review of Roger Sherman’s proposition, the convention finally agreed to it, and it was referred to as the Great Compromise

Investors Move To Sparklo (SPRK) As Terra Luna Classic (LUNC) And Synthetix (SNX) Price Lack Momentum

0

As the prices of Terra Luna Classic (LUNC) and Synthetix (SNX) experience a decline, investors are turning their attention to Sparklo (SPRK). Besides, Sparklo’s (SPRK) innovative fractionalized NFT investment option which allows people to buy fractions of gold, silver, and platinum is setting the Internet ablaze.

>>>> BUY SPARKLO TOKENS <<<

Sparklo (SPRK) Offers Opportunity For Low-income Earners To Invest In Rare Metals

Sparklo (SPRK) is revolutionizing the metals investment sector with a platform that allows people to buy silver, platinum, and gold. This user-friendly platform enables novice and experienced investors to invest in precious metals.

Utilizing the Ethereum blockchain and ERC-20 token format ensures effortless transactions through existing Ethereum wallets and infrastructure. Furthermore, the platform has undergone an audit by Interfi Network.

Investors who are interested in actual investment prospects within the cryptocurrency realm can choose to purchase a comprehensive NFT and relocate the tangible asset to their preferred destination. This particular attribute renders Sparklo (SPRK) an attractive option for investors.

At its current presale phase, Sparklo is extending investment opportunities to early adopters at a rate of $0.015. However, the price is set to rise to $0.017 by the end of April. As such, interested parties are encouraged to seize the ongoing 30% bonus on purchases. To participate in the presale, kindly click on the link provided below.

Terra Luna Classic (LUNC) Community Greenlights New Proposal

The Terra Luna Classic community has approved a parameter change proposal (Proposal 11477) to increase the MaxContractSize from 614400 to 819200. TerraPoker presented the proposal, which seeks to allow new projects to join the network and other projects to develop on the Terra Luna Classic blockchain.

The proposal received a 60% majority in favor, with 31% voting “No” and 8% abstaining. This change will also facilitate the LUNC burn campaign. On April 24th, TerraPoker expressed gratitude to its community for backing its launch on Terra Classic. “Expect the poker game to feature LUNC and a 10% burn of rake fees,” it tweeted.

Meanwhile, the price of Terra Luna Classic (LUNC) has been on a downward slope in the past week. According to CoinGecko, the price of Terra Luna Classic (LUNC) is $0.00010843 today with a 24-hour trading volume of $55,310,224. This represents a -4.91% price decline in the last 24 hours and a -7.38% price decline in the past 7 days for Terra Luna Classic (LUNC).

Synthetix (SNX) Price Dips Amid Synthetix Perps Trading Incentives

Synthetix (SNX) announced on April 26th that Week 2 of the Synthetix Perps Optimism Trading Incentives has started, with 100,000 OP dispersed among traders. Subsequently, 300,000 OP will be rewarded over 16 consecutive weeks. The program which rewards traders for trading Synthetix Perps, began on April 19th at 0:00 UTC.

However, Synthetix’s (SNX) price has not benefited from the program. The token’s price by press time is $2.41, with a 24-hour trading volume of $61,361,903. Over the past 24 hours and 7 days, Synthetix’s (SNX) price has decreased by -5.51% and -14.79%, respectively.

 

Find out more about the Sparklo presale:

Website: https://sparklo.finance

Presale: https://invest.sparklo.finance

Twitter: https://twitter.com/sparklo_finance

Telegram: https://t.me/sparklofinance

Price control on consumer goods in Nigeria

0

The Nigerian market is free and mostly unregulated. A market where prices of goods are not controlled or regulated by the government. Sellers and producers of consumers goods are allowed to peg their prices wherever tickles them and wherever satisfies their greedy urge, they are only forced to readjust the price by competitors or by other market factors and never by the Nigeria government, unlike other countries where the government mandates services providers and sellers on the price range they are to peg for a product or service. 

The reason why price control is important in every consumer market is that human beings are naturally greedy and in a free market, especially a market where there is no competition or where there are high demands that surpass the supply, there will always be a strong urge to take advantage of consumers’ desperation and rip them off. Some desperate consumers can pay anything for a service or product out of desperation even when they know that they are being ripped off by the service providers.

In choice cities like Abuja, Lagos or Port Harcourt, landlords and house owners charge arbitrarily for rent on houses with the perception that if a particular tenant cannot afford to pay the rent, there are other tenants who are willing to pay whatever rent that is fixed on the house because of the high demand of houses in those cities.

Transport companies as well do raise their fare arbitrarily, without any control or regulations. I learnt that Good is Good Motors just because they are the market leaders in terms of road transportation in Nigeria does charge passengers arbitrarily because they know that passengers are eager to desperately pay any fare for their transport services hence why they are taking advantage of desperate passengers. I was shocked to the bone when I was told that GIG Motors charges the whooping sum of N30,000 for a one-way ride from Lagos to Abuja, while other road transport companies charge within the range of N10,000- N15,000.

Well, we actually have in Nigeria a price control board, an agency under the Federal Ministry of Commerce and Industry and we also have the federal consumer protection commission (FCPC). The primary statutory duties of these agencies are to protect consumers, make sure they are not being cheated or ripped off by producers and service providers and fix prices for some popular basic consumer goods.

The price control act of 2004 was specifically enacted to control and regulate how service providers fix the price of their goods and services and curtail the arbitrary charge fixed by market leaders. This act in its section 1 established the price control board to oversee these functions. This act as well established price control measures which is aimed at ensuring that Nigerians have access to basic services and products at affordable prices.

But it really does appear that these agencies have been sleeping on duty. Most Nigerians do not even know that there are government agencies that have been charged to control prices and are also charged to prosecute service providers who charge exorbitant prices. They need to be more proactive now than before because producers and service providers due to the economic hardship and high cost of raw materials are shifting all the burden; both tax and price burden to the final consumers.

You as a consumer also have a part to play. Once you feel that you are being ripped off by a service provider or by a seller, you should contact or report to the FCPC or the Price Control Board.