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Three Crypto Projects Pushing For The Future Of The Industry: Trust Wallet Token, STEPN, and Big Eyes Coin

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The cryptocurrency market is constantly evolving, with new technological innovations and trends guiding the industry’s trajectory.

Trust Wallet Token (TWT), STEPN (GMT), and Big Eyes Coin (BIG) are just three crypto projects that are pushing for the evolution of the crypto market, each with unique traits that allow them to stand out from the completion and suggest where the future of the industry is heading.

In this article, we will be going over why each of these projects is pushing for the future of the crypto market, to see if any are worth your investment in 2022.

Trust Wallet Token Puts Crypto Power In Your Pocket

Smartphone technology is, for many, one of the main ways we connect with the digital world. They are cheaper and more portable than computers and laptops, and with in-built Internet connection thanks to 4G and 5G connections, allow users to access the Internet anytime, anywhere.

It is curious, therefore, why it seems that the crypto industry is somewhat behind in making the leap to smartphone technology. This is where Trust Wallet Token (TWT) comes in, with its innovative mobile crypto wallet designed to hold a multitude of currencies on your mobile device.

The token has seen a major rise in value this week because of this, up over 90% in the last seven days as of the writing of this article. This is, in spite of the current crypto bear market, making this feat all the more impressive.

With all this in mind, Trust Wallet Token (TWT) is not a project that should be overlooked.

STEPN Rewards Healthy Habits

STEPN (GMT) is a project taking Play-to-Earn to a whole new place: the real world.

Dubbing itself the industry’s first ‘Move-to-Earn’ crypto project, STEPN (GMT) encourages users to download their app onto their smartphones, which acts as a pedometer counting the users steps. These step are then converted into in-game tokens, with the tokens earnt able to be maximised through the use of sneaker NFTs.

These sneaker NFTs can be traded in the app, resulting in a bustling economy and a way to make money simply by moving. It is simple yet efficient, and an effective way to encourage exercise and healthy activity within the crypto community.

So, strap on your sneakers and download STEPN (GMT), and start earning today.

Big Eye Coin Is Reimagining The Meme Token

Big Eyes Coin (BIG) is shaking up the meme token market in a big way. With its cat-themed imagery and dedication to good causes, the token is one with an objective and a mission: to show the real potential that a meme token community has to offer.

Big Eyes Coin (BIG) offers a bustling community of users engaged by the project’s cute mascot design and charity objectives, which most crucially involves a plot to save the world’s oceans through charity donations to ocean conservation charities. BIG tokens themselves can also be bought and sold with no taxes, resulting in a bustling economy supported by the Ethereum network.

The token has recently reached the goal post of raising over $10 Million, with the project in its sixth stage of presale. This stage will not last much longer if the growth rate of Big Eyes Coin (BIG) is anything to go by, making now a great time to get involved.

By using code BIGPRIZE57, you can even get yourself an exclusive BIG token bonus. Don’t miss out!

For more information on Big Eyes Coin (BIG), check out the links below:

 

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

Website: https://bigeyes.space/

Telegram: https://t.me/BIGEYESOFFICIAL

Work From Home With These Three Great NFT Projects: The Sandbox, Decentraland and Big Eyes Coin

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There are many different working models in today’s society, and everyone has different preferences. Some people prefer working in an office space, while others like an environment outside or working from the comfort of their own homes. With the pandemic occurring in 2020, more and more people were anxious to leave their homes. Sometimes working from home is more accessible and saves money regarding travel expenses too.

However, finding remote jobs is complex, and they take time to come by. This is where these three unique NFT products shine. Decentraland (MANA), The Sandbox (SAND) and Big Eyes Coin (BIG) all enable people to make money whilst relaxing on their couches.

The Sandbox – Like Minecraft but Better

Ever consider making money while enjoying one of your favourite video games, such as Minecraft? Although The Sandbox is an online play-to-earn game that lets you do just that. It is built on the secure Ethereum blockchain network, which hosts the game’s NFTs.

A player’s gaming experience can be built, owned, and profited from in this blockchain game. Its creation of a metaverse was inspired by the popular game Minecraft. The game contains a large number of NFTs:

The LAND Token: A virtual asset that is an NFT that formally enables players to own land in the metaverse. The next step is for players to add NFTs to their LAND token. They can either create themselves in VoxEdit or Gamemaker or purchase from the marketplace.

The SAND Token: The currency that powers all metaverse transactions and interactions.

Assets: User-generated content that can be listed on the marketplace. When bought by other players, it rewards users with money.

By playing this game, you may create your own universe, express your creativity, and unwind at home while STILL earning money.

Decentraland – NFT Gaming

Players can construct, buy, and sell goods for virtual real estate in this meta-verse game that uses blockchain technology to let them own their land. The game provides players with customisable avatars that they can modify with NFT assets obtained from other players in the marketplace.

Each player must buy a LAND token before they may start playing. These tokens, which are NFTs on the Ethereum blockchain, serve as evidence that the participants legitimately possess that property. Following that, players can buy MANA tokens, the game’s native currency. Players may use these tokens to buy ASSETS from the market to personalise their LAND tokens.

Players can gain MANA tokens by generating ASSETS and reselling them on the market. Players can either keep them and cash them out or use them to buy additional ASSETS in the game. The game allows them to earn money whilst anywhere in the world, even in their own bed!

Big Eyes Coin – Earn BIG, Laugh BIG

Big Eyes Coin (BIG) is a cryptocurrency referred to as a meme coin. Meme coins are internet jokes that have been transformed into different types of cryptocurrencies, or, in the case of Big Eyes Coin, a goofy, funny type of cryptocurrency that allows investors to smile while making a profit. Though still in its pre-sale stage, it has already raised $10 million!

The mascot of Big Eyes Coin is an adorable anime-styled cat. The coin will produce sushi NFTs to honour the mascot’s love of fish because it is one of his favourite foods. Even more, it is donating 5% of all of its tokens to a charity wallet dedicated to safeguarding the oceans.

The NFT collection is called the NFT Sushi Crew and will grant access to social events and much more. This coin gives investors various ways to profit whilst at home but also allows for fun entertainment.

Final Thoughts

Working from home is sometimes a necessary decision that not many employers allow. These three blockchain-based NFT projects allow you to be your own boss, make your own hours and work from anywhere in the world.

 

Use this code for extra BIG tokens: BIGPRIZE08

Big Eyes Coin (BIG)

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

Website: https://bigeyes.space/

Telegram: https://t.me/BIGEYESOFFICIAL

Theranos Founder, Elizabeth Holmes, Sentenced to 11 Years in Prison

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CNBC EVENTS -- Pictured: Elizabeth Holmes, Founder and CEO, Theranos speaks at the Clinton Global Initiative Annual Meeting, in New York City on September 29, 2015 -- (Photo by: Adam Jeffery/CNBC/NBCU Photo Bank)

Convicted Theranos founder Elizabeth Holmes was on Friday sentenced to more than 11 years in prison for fraud. Holmes, who was found guilty of deceiving investors about the efficacy of the blood-testing technology of her company, apologized – saying she’s “devastated.”

Her long legal battle started seven years ago when it was discovered that she had lied about the results of the clinical trials conducted in Theranos. What followed were unprecedented probes, discoveries that would later end the company and consequently sent its founder to jail.

Holmes, who was convicted in January in the U.S. District Court for the Northern District of California, expressed tearful remorse before she was sentenced on Friday.

“I loved Theranos. It was my life’s work,” Holmes said. “My team meant the world to me. I am devastated by my failings. I’m so so sorry. I gave everything I had to build my company.”

CNBC gave a brief story of Holmes’ journey to 15 years imprisonment, despite efforts by her lawyers to get her a shorter sentence.

Her defense team argued she should face a maximum sentence of 18 months, according to court filings. Instead, she was given 135 months, which amounts to 11 years and three months, behind bars.

The Wall Street Journal first broke the story of how Theranos’ blood-testing technology was struggling to meet expectations in 2015. Whistleblowers and other witnesses came forth to provide detailed accounts of how Holmes and former operating chief Ramesh “Sunny” Balwani deceived patients, partners, investors and employees about the company’s progress and the capabilities of its technology.

Once valued at $9 billion by private investors, Theranos shut down in 2018.

“Thank you for having me. Thank you for the courtesy and respect you have shown me,” she said Friday. “I have felt deep pain for what people went through because I failed them. To investors, patients, I am sorry.”

Prosecutors sought a 15 year sentence for the pregnant 38-year-old former billionaire and Silicon Valley celebrity. In July, Balwani, who was romantically involved with Holmes years earlier, was found guilty of 12 criminal fraud charges. His sentencing is set for next month.

U.S. District Court Judge Edward Davila, who presided over Holmes’ trial, handed down the sentence.

The erstwhile billionaire had attempted to move for a new trial after a former employee appeared at her doorstep in August to speak with her. Holmes’ partner, Billy Evans, told the court that the former employee made remorseful remarks at their shared residence.

But that employee, Adam Rosendorff, told the court that his remarks were due to distress at the thought of a child spending time without their mother. The Theranos founder gave birth in July to her first child, and is expecting another.

Holmes’ sentencing has triggered calls for tougher punishment for fraudulent founders. It comes on the heels of Sam Bankman-Fried’s FTX saga, which in a similar way, consumed investors’ funds, setting the former billionaire founder up for potential legal trouble.

CNBC noted: Sam Bankman-Fried, faces a daunting future, following the sudden collapse of his cryptocurrency exchange FTX last week. Bankman-Fried hasn’t been charged with a crime, but he’s in legal jeopardy after revelations that his company was unable to give depositors their money back because some of it was used to fund risky, losing bets.

The Regulatory Framework Governing The CBN Regulatory Sandbox in Nigeria

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As a result of increasing Consumer demand for more advanced payment solutions from transfers to remittances and investments, the Central Bank of Nigeria (CBN) came up with a system to develop and test-drive innovations in terms of Financial Technology service and product offerings under a controlled and monitored framework known as the CBN Regulatory Sandbox.

This sandbox is closely regulated by the CBN Framework For Regular Sandbox Operations 2021.

This then gives the CBN the Regulatory weight to give directions on the establishment, rules and operation of a Regulatory Sandbox specially for the Nigerian Payments system for the purposes of :-

– Encouraging by sector participants the development of effective healthy business competition through the use of new technologies.

– Ensuring increased levels of financial inclusion.

– Improving greatly the level of public consumer trust in the country’s financial sector.

This is what will focus the focus of this article which will be taking a closer look at:-

– The aims of the CBN Regulatory Sandbox.

– Eligibility criteria for entry into the Regulatory Sandbox.

– Some of the most important provisions of the CBN Framework for the Operation of the Regulatory Sandbox.

What are the objectives of the CBN Regulatory Sandbox?

The objectives of the CBN Regulatory Sandbox are :-

– To provide a forum for productive engagement and synergy between Fintech firms, especially in the payment solutions subsector.

– To encourage healthy business competition in the Fintech sector.

– To develop more improved standards of consumer protection in the Fintech sector.

Who are the participants in the CBN Regulatory Sandbox?

– The Central Bank of Nigeria.

– CBN-licensed businesses.

– Techpreneurs offering Financial products of an unlicensed nature based on novel technologies.

– Technology companies.

– Telecommunications companies seeking to delve into revolutionary Fintech service offerings.

What are the criteria for eligibility into the Regulatory Sandbox?

The following criteria must be satisfied to achieve eligibility into the CBN Regulatory Sandbox:-

– The Fintech solution or service package must be convincingly shown to offer clear potentials to improve accessibility, efficiency, security and quality in financial service delivery.

– The product must be shown to be capable of providing profitable entry and business benefit offerings on a macro-economic scale.

– The product must be potentially capable of improving efficiency in financial risk management

– The product must be shown to be deliverable within a limited transaction in terms of value and volume.

– The Sandbox applicants must show via assessments the utility or commercial value of the service offering along with a proper identification of the risks involved in using the service.

– A well laid out business plan showing a successful deployment of the service offering after finally leaving the Sandbox.

– A proof of the resources needed to carry out sandbox testing and risk prevention and control arising from the offering and use of the Fintech product.

What are the documentary requirements for entry into the Regulatory Sandbox?

Applications for entry into the CBN Regulatory Sandbox are to be accompanied by :-

– A Board Resolution of the applicant company where applicable.

– A copy of the company’s certificate of incorporation issued by the Corporate Affairs Commission (CAC).

– A copy of the company’s profile and contact information.

– A copy of the applicant company’s MEMART Memorandum Articles of Association as well as its Shareholding structure.

– The company organogram.

– The company’s project plan and business proposal.

– The company’s AML/ CFT Compliance policy

– The objective to be achieved by Sandbox trials of the Fintech product.

– Intellectual Property certificate in the form of Patent or Trademark certificates where applicable.

Does being in the Regulatory Sandbox come with operational requirements?

Yes it does. These operational requirements are :-

Filing requirements :- Participant company information,financial state of affairs of the company, technical and business expertise among other requirements.

Reporting requirements :- This involves proper maintenance of records during the Sandbox membership time frame for a 5-year maximum period as well as the sending of regular product test progress results to the CBN.

Conditions for membership tenure extension and exit from the Sandbox :- Which for Sandbox membership extension comes with the compulsory requirement of a written application to the CBN stating the additional amount of time requested.

For exiting the Sandbox, a written application will also be required based on the satisfaction of any Regulatory obligations including consumer issues arising from Sandbox operations.

Evaluation & review of Sandbox membership approvals:- Sandbox memberships can be evaluated and reviewed at any time before the conclusion of testing periods in the cases of –

a). Liquidation of the member company.

b). Violations of any law affecting the member company’s business reputation.

c). A failure to carry out testing safeguards recommended under the CBN Sandbox Framework.

d). The acquisition of Sandbox membership on the basis of false information or information with suppressed facts being submitted in a Sandbox membership application.

e). Data security breaches.

f). Public policy based on consumer safety considerations.

What is the provision of the CBN Sandbox Framework on the issue of confidentiality

Under the Framework, Sandbox participants can decide to exchange business and technical ideas, but participants are required to treat such information as confidential whether it was shared orally, verbally or in writing.

Such confidential information constituting the intellectual property and trade secrets of the disclosing party if in written or documented form is to be returned, deleted or destroyed upon the request of a disclosing party.

This provision however does not apply to business or technical  information already publicly available or developed without using input from the information shared or disclosed within the Sandbox.

Why Okx CEX Users are Flocking to Toon Finance Protocol

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What is the Okx CEX and how does it work

CEX stands for Crypto-Exchange and is a platform where you can buy, sell, or trade cryptocurrencies. The Okx CEX is a centralized exchange and like most centralized exchanges they are subject to the same hacking risks. Not like DEXs that offer greater transparency and privacy, as well as lower fees.

Something to remember with how CEXs work in general is that you are giving away your money to the centralized exchange in the hope that they will be nice and take care of it. If that sounds stupid to you then that’s probably because to a certain degree, it is.

Centralized exchanges are a lot like banks, but unlike banks, they don’t have any government backing.

Why are users flocking to the Toon Finance Protocol

There are a number of reasons why users are flocking to the Toon Finance Protocol. One of the main reasons is that it addresses a vulnerability inherent to CEX. Toon Finance is an “extremely DeFi” project that aims to do many things, but most of all, bring crypto back to its roots.

The pre-sale has already flown past stage 1 and collected around $2.5 million. This cements Toon Finance as one of the most popular and successful ICOs in recent time.

OKx doesn’t really stand out against other CEXs which is why users from OKx flocking to Toon Finance aren’t that surprised. That being said, while it doesn’t stand out, it’s nowhere near mediocre either.

Okx manages to go toe-to-toe with Binance and other exchanges whether CEX or DEX by keeping up with trends and offering a solid service. Though it does not change that fact that OKx can take away users’ crypto anytime they want.

Another reason why users are drawn to Toon Finance is that it offers a decentralized exchange (DEX). This is important because crypto is supposed to be decentralized. However, many exchanges are centralized, which means that they are controlled by a single entity. This can be problematic because it makes exchanges vulnerable to colossal rug pulls and outright theft, as we saw with FTX recently. A DEX is less likely to fail because it is not centrally controlled.

Toon Finance has gained popularity very quickly due to these and other factors. It will be interesting to see how the protocol develops in the future.

How will this impact the overall economy

With fewer people using centralized exchanges, there will likely be less trading activity and trading volume overall. This could have a negative impact on the economy as a whole in the short run, as fewer people will be buying and selling cryptocurrency. However, more people using decentralized exchanges could actually have a positive impact on the economy.

As protocols catch up with centralized exchanges in terms of features and convenience, people will increasingly prioritize safety when it comes to their crypto holdings. This could lead to more people investing in cryptocurrency, as they feel more confident that their funds are safe.

In the long run, decentralized exchanges will become more secure and convenient than centralized ones, leading to even more people abandoning CEXs in favor of DEXs.

What are some of the benefits of using the Toon Finance Protocol

Toon Finance is a DeFi Protocol built on Ethereum that has Toon Swap, a DEX for trading multiple cryptocurrency pairs. Toon Finance also has multiple products that encourage economical movement within the Toon Swap ecosystem while remaining secure as it will not hold your crypto.

More important than the product is the advocacy, Toon Finance is extreme DeFi and wishes to become an institution that can’t be centralized and fights against centralization as centralization, while having its place, simply does not belong in crypto for the most part.

Toon Finance is still in its ICO which means this is the best time to invest. Toon Finance Tokens or TFTs have a very high valuation right off the bat and the fact that it has reached stage 2 of its pre-sale and gathered $2 to $3 million cements its potential.

Additionally, Toon Finance offers staking and yield farming rewards for TFT holders. This means that holders can earn tokens simply by holding TFTs or providing Liquidity to any pool on Toon Swap.

How can investors take advantage of this new protocol

Toon Swap is a new project that is gaining a lot of attention in the investing world. The project is still in its pre-sale phase, which means that now is the time for investors to get involved. Joining the project while it’s in pre-sale will guarantee the best rates before it launches.

Being early always means that holders get rewarded the most since the tokens are relatively dirt cheap while having a lot of potential to grow.

Toon Swap offers coin tossing and other games that people won’t have to learn for betting. Buying in now means supporting the project early and getting rewarded the most down the line. The potential for growth is high, now is the time to invest in Toon Swap!

Conclusion

If you’re looking for a new DEX project you can get early on, the Toon Finance Protocol is definitely worth checking out. With so many benefits and such a friendly community over on Telegram, it’s no wonder that people are flocking to this new protocol.

Investors should definitely take advantage of this opportunity while it’s still fresh. DEX projects don’t just pop up like mushrooms after a rainy day.

OKx is a centralized exchange where while it’s not special relative to others, it’s still solid and reliable. Unfortunately OKx being solid and reliable rely too much on the whims of a small group of people that might be ready to run with your money or gamble it on their personal projects.

Dex is clearly the only future for crypto. While CEXs are convenient, decentralization is the whole point of crypto and why Bitcoin was made in the first place.

For more information about the Toon Finance Protocol, be sure to visit their website at toon.finance.

 

Website: https://toon.finance/

Presale: https://buy.toon.finance/

Twitter: https://twitter.com/ToonSwapFinance

Telegram: https://t.me/ToonSwapFinance

CoinMarketCap: https://coinmarketcap.com/currencies/toon-finance/