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Can MetaCryp, With Its Referral Bonus, Compete With Popular Platforms Like Decentraland and Axie Infinity

By
TI Partners
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0

Introduction

Digitalization has changed the way we work, communicate, shop, bank, and entertain ourselves. It also led to the invention of Cryptocurrency. Cryptocurrency uses blockchain technology to be decentralized. It was introduced to the public in 2009 by “Satoshi Nakamoto” who invented the first cryptocurrency called Bitcoin. Over time, many other cryptocurrencies have been introduced.

However, we cannot ignore the fact that it is very volatile. For example, In November 2017 its price was $10,000 and it reached $68,990 in November 2021. Recently, in June 2022, its price plummeted to $20,000 because of the recent crash.

MetaCryp (MTCR) – The New Crypto Looking To Dominate The GameFi Sector

The first GameFi space metaverse in the world, built on the Binance Smart Chain, MetaCryp Network is a place where individuals may have intense enjoyment and escape the stress of everyday life.

The MetaCryp Network enables its members to dream big and fosters a sense of belonging through a community-focused ecosystem built on crypto assets. Thanks to MetaCryp Network, the idea of the Metaverse has gone from being only a notion to being a reality.

The Metaverse is logically the next step in how we create, consume, and interact digitally in a world where individuals use the internet more and more as their primary means of connection and self-expression. In a nutshell, people can disconnect from their regular lives, have fun, create the life they’ve always wanted, engage with others, and even make money in MetaCryp Network’s Metaverse.

Decentraland (MANA) – Taking Gaming To The Next Level

Ariel Meilich and Esteban Ordano founded Decentraland in 2015. It is a worldwide network program that runs on a shared virtual world featuring user interactions, the purchase, and sale of digital real estate, exploration of the platform, and gaming.

Users can vote on policy updates, land auctions, and subsidies for new developments using the software, which operates on the Ethereum blockchain and requires a particular cryptocurrency for the acquisition of real estate assets.

NFTs (Non-fungible tokens) and MANAs, a cryptocurrency used to buy NFTs and other virtual products and services on the platform, are the two tokens that power Decentraland.

Axie Infinity (AXS) – The Pioneer Of P2E Gaming

An online game universe called Axie Infinity is centered around Axies, who are similar to Pokémon. As virtual pets, Axies can be gathered by players, who can then train them to fight, breed, gather, raise, and even establish kingdoms for them.

The Ethereum-based game has a design that enables users to control their virtual assets and rewards users who can master it. Users must first complete a multi-step setup process to link their digital wallets to their Axie Infinity accounts. This process is explained in the game’s onboarding guide.

Final Thoughts

To conclude, it is reasonable to assume that cryptocurrencies will be crucial to our digital future. Decentraland and Axie Infinity have already attracted a lot of investors, making them popular worldwide. However, this decentralized MetaCryp is still new for most people.

MetaCryp Network is a cutting-edge, community-focused ecosystem built on crypto assets that fosters a sense of belonging and inspires members of the community to dream big. There have been bonuses added to the cryptocurrency market.

The term “bonus” refers to a proportion of additional tokens that users will get for meeting certain requirements. For instance, those who purchase MetaCryp tokens with BNB will get 10% extra tokens. Likewise, those who recommend it to someone else will get a bonus. For instance, when users suggest a friend who purchases $400 worth of MetaCryp tokens, each of them will earn a $100 bonus in tokens.

https://presale.metacryptoken.io/register

GryffinDAO Could Overtake Uniswap and Pancakeswap

By
TI Partners
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0

A fascinating concept implemented in the blockchain network is the Decentralized Autonomous Organization Structure (DAO). A cryptocurrency that implements a DAO structure encodes its rules of operations and transactions on a blockchain network through smart contracts thereby eliminating the need for a centralized authority.

The DAO structure provides full autonomy to crypto holders and users in a DAO community. The structure allows these holders to make operational decisions and directions of the platform without needing a hierarchical order which is prevalent in traditional financial models.

This article will consider how GryffinDAO aim to provide the best DAO Structure and how it compares with Uniswap ($UNI) and PancakeSwap ($CAKE).

The Sky Is The Limit – Gryffin DAO

GryffinDAO seeks to provide the best utility creation for its holders. To achieve this, GryffinDAO creates a democratic system (via DAO) where users have the authority to make essential community decisions. These decisions could include fee structures, future projects, and implementation. There is no doubt that DAO is becoming a reality in many Decentralized Finance projects.

GryffinDAO ecosystem is based on Binance Smart Chain. Considered one of the best cryptocurrency platforms, Binance Smart Chain offers fast and secure transactions at lesser costs.The native token that operates the GryffinDAO ecosystem is the BEP-20 issued $GDAO token.

$GDAO tokens offer specific approaches in the ecosystem.

Deflationary Approach

This approach allows the GryffinDAO ecosystem to use its profits to buy back $GDAO tokens from the marketplace and effectively burn them. This approach reduces supply and increases the value of $GDAO tokens.

Rebase Approach

To ensure stability for $GDAO tokens, a rebase approach is used to adjust the circulating supply of $GDAO tokens to control the price. Depending on price fluctuations, this mechanism can burn or mint new $GDAO tokens which gives holders the confidence to hold their tokens.

Staking Approach

GryffinDAO adopts a Proof-of-Stake consensus which allows for the proper functioning of the network. Staking consensus enables users to lock their $GDAO tokens for a certain period and receive passive income in installments or a compound interest at the end. The more $GDAO tokens are locked, the community earns more rewards.

Yield Farming Approach

Yield farming creates an opportunity for $GDAO token holders to provide loans to other cryptocurrency users and receive interest or profit. This approach is necessary for a long-term sustainable GryffinDAO ecosystem.

GryffinDAO ($GDAO) Versus Uniswap ($UNI)

Uniswap is the most successful DAO built on the Ethereum ($ETH) blockchain. The platform provides a credible Decentralized Exchange (DEX) for crypto users. Any user in the ecosystem can use the native token, the $UNI token, for voting rights on the community operations.

GryffinDAO uses $GDAO tokens to provide DAO rights to members who hold $GDAO tokens. Utilizing Decentralized Exchange provides an excellent peer-2peer trading experience for users with fast transaction speeds and at reduced transaction fees.

GRYFFINDAO ($GDAO) Versus Pancakeswap ($CAKE)

Pancakeswap offers exciting innovations in Decentralized Finance (DeFi) markets. Built on the Ethereum platform, the platform issues and supports ERC-20 tokens. The platform also creates an NFT marketplace where users can swap their NFTs for cryptocurrency.

$CAKE token runs the Pancakeswap Ecosystem. This token implements a deflationary approach which reduces the supply of $CAKE and potentially increases the value in time. Also, $CAKE holders can lock in their tokens for a specific period and receive staking rewards and incentives.

GryffinDAO will provide a DEX platform for NFTs. The ecosystem implements a deflationary approach where $GDAO tokens are burnt, reducing supply. Also, $GDAO token holders can stake their tokens in the system to earn passive income.

Decentralization is one of the main objectives of the GryffinDAO ecosystem. In achieving this objective, the ecosystem uses the native token, $GDAO, to provide users and holders with the best and long-term tokenomics. GryffinDAO ($GDAO) protocol employs the best models to keep the token value stable despite market fluctuation and volatility. GryffinDAO is an exciting project for crypto enthusiasts looking for the next best DAO project after Uniswap and PancakeSwap.

https://fly.gryffindao.com/register

US Chips’ Stocks Tumble As Washington Orders Nvidia and AMD to Cut Some Supplies to China

By
Samuel Nwite
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0

The US’ decision to halt its semiconductor companies from exporting cutting-edge chips is taking a toll on the country’s chips stocks.

On Thursday, the main semiconductor index tumbled more than 3% following statements by leading US chip companies, Nvidia and Advanced Micro Devices (AMD) that they’ve been ordered to stop supplying China with cutting-edge processors for artificial intelligence.

Nvidia’s stock took a major hit, dropping 11%, nearly eclipsing its biggest loss of percentage per day since 2020. Rival AMD lost nearly 6% also.

Reuters reported that as of mid-day, Nvidia has lost about $40 billion worth of its stock market value, while the 30 companies making up the Philadelphia semiconductor index lost a combined about $100 billion worth of stock market value.

On Wednesday, Nvidia had announced in a filing to the US Securities and Exchange Commission that Chinese customers would henceforth be prohibited from purchasing its “A100 and forthcoming H100 integrated circuits,” exposing the company to a potential loss of up to $400 million in sales of those high-end chips.

The move came as political tension between the US, China and Russia is escalating. Compounded by Russia’s invasion of Ukraine early this year and China’s push to return Taiwan as its territory, the relationship between the three countries has soured over time. The US is now trying to limit both China and Russia from using its intelligence to develop advanced military capabilities.

“[The U.S. government] is preventing China’s acquisition and use of U.S. technology in the context of its military-civil fusion program to fuel its military modernization efforts, conduct human rights abuses, and enable other malign activities,” a spokesperson for the Commerce Department told the New York Times.

Nvidia’s A100 chipset, which powers data centers used for A.I., data analytics, and high performance computing, is on high demand in China. The US government told Nvidia that restricting the export would help ensure that Nvidia’s products are not “used in” or “diverted to” Russian or Chinese military equipment, according to the filing.

AMD also said US officials told it to stop exporting its top MI250 chip that’s used in data centers for high performance computing to China. But the company said the new restrictions will not block shipments of its MI100 chip to China.

Under former President Donald Trump, Washington reached an agreement with Beijing that compelled China to stop stealing American technology. Trump also announced a series of bans targeting Chinese companies – top of the list was Huawei, a Chinese telecom vendor leading global 5G rollout as of then.

Washington extended the ban to microchips, restricting semiconductor companies with access to US technology from supplying the telecom vendor and some other Chinese firms with chips.

In the last few decades, China has grown from an underdog to a power to reckon with, both in military and economic development. The South Asian giant owes a huge part of its success to technological advancement.

But China measuring up to the US is not something Washington really wants to stand by and watch. Last month, the US unveiled the most significant government intervention in industrial policy in decades. Congress passed a $280 billion bill aimed at developing America’s manufacturing and technological edge to counter China.

However, the new ban may be as bad to China’s tech development as it is to the US economy. With its huge tech economy, China is the biggest buyer of US chips. Cutting her off will hurt the US semiconductor industry that has been struggling to stay afloat.

“We see an escalation in US semiconductor restrictions to China and increased volatility for the semiconductors and equipment group following NVIDIA’s update,” Citi analyst Atif Malik wrote in a research note.

An Open Letter To Rishi Sunak In Reference To His Manifesto To Crack Down On Degrees That Don’t Make Students Lots Of Money

By
Ekene Moses
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0

Dear Mr. Sunak. R (Former Chancellor of the Exchequer),

To begin with, I have so many of my readers who do not know you and/or know very little about you. Kindly permit me to introduce you to them.

Rishi was the British Chancellor of the Exchequer from February 2020 to July 2022 and resigned following the Chris Pincher scandal, according to Metro.

He is an intelligent Economist and a smart Politician. These qualities could be attributed to his private schooling at the £45,934-a-year Winchester College and graduating from Politics, Philosophy and Economics (PPE) at the University of Oxford.

He is currently campaigning for the role of the next British Prime Minister. And part of his manifesto in reference to education is to do the following:

  1. Crackdown on university degrees that do not improve students ‘earning potential’ if he becomes the next prime minister.
  2. Introduce a new British Baccalaureate, which would require pupils to continue studying core subjects such as mathematics and English Language until they complete school at 18.
  3. Pledged to improve professional development for teachers, and give school trusts an ‘accountability holiday’ for two years after taking on underperforming schools.
  4. Work to expand the use of artificial intelligence and digital technology in classrooms so as to reduce teachers’ workloads and improve the quality of teaching in underperforming areas.

Do not misunderstand me, I love and very much support all the ideas of the manifesto, my only problem is with number one.

Although no examples were given, which I suppose careful consideration would be put before cracking down on even the assumed least degrees.

To go ahead with my suggestions on what to do instead. I want to first critically present some highlights that I believe completely fault this idea.

1. The True Importance of Education to the Society

There has been a long present century argument on not only the importance of a university degree but also the importance of universities at large to an individual.

Turn in between two, more of the older generation would argue positively in support of getting a university degree, while most millennials and gen-z (like myself ) that have seen how money and a good life are achievable with or without a university degree may question the need or argue negatively.

My personal reservation is always the fact that education was never designed to make us rich but to make us civil.

However, just like you mentioned ‘A good education is the closest thing we have to a silver bullet when it comes to making people’s lives better.’

So, why then do we have to determine which and which not degree is important and less?

2. Sustainability of Education to the Human Race

When I studied Forestry Engineering in Spain, My Geobotany professor explained the importance of all living species by making reference to an aeroplane and how important even the smallest piece of nut is for the plane to safely fly.

While scientists are coming up with new lists of species in danger of extinction and how to preserve them, why then are humans endangering some of our human knowledge species?

Also, I argue that this crackdown will be detrimental to our human civilisation. Especially, when you relate it to Great Britain which has thrived through colonialism, cultural, and language richness.

3. Respect for Historical Academics in those fields of study

Though no examples were given, students with a degree in languages, linguistics, and classics have the least employable degrees, according to the latest figures.

When I read this, I thought about the likes of William Shakespeare and other great contributors to this field, globally. And I felt how they would be less and less represented until finally, they vanish.

As we humans genetically have the ability to keep and discard.

Not only that, even now, I know the state of devastation some academics and students are going through in various universities in the UK (including mine) because universities are closing down departments and courses that are not fetching them so much money.

Now, here are my suggestions…

1. Adopt United States of America’s Major and Minor System

While I know some of my mates that studied for example BSc Business Management and Marketing, BSc Adult Nursing and Mental health, etc., the difference with what Americans are doing is that ultimately, majors are primary concentrations that make up the bulk of the classes, and minors are secondary focuses that can complement the major but don’t always need to.

I have an American friend who studied BSc in Computer Science (Major) and Entrepreneurship (Minor). This has equipped him to be very employable and to even start his own business.

I strongly believe that introducing this idea and implementing it constructively shall help save some departments and the academics there. And, also motivate more students to consider a university degree.

2. Generalise University Modules

When I started my university education in Nigeria with BSc in Agricultural Extension, I remember that I was introduced to varieties of modules that were not necessarily related to my course.

For instance, I completed general studies modules which are mostly English Language courses, I also studied two different Mathematical modules, practical, physical, and organic Chemistry, two Biology modules, and two Agricultural Economics modules. And all these were just in my 1st academic year.

Whereas, in the UK, there seems to be a focus to train experts more than generalists.

The world is changing and the world of work is following suit. Employers need employees who know little about a lot.

I recently graduated with a degree in BSc Business Management. Although, I tried as much as possible to take advantage of the electives to tailor my degree according to my interest. There were still courses outside my reach that I wished I had, like modules in Business Law, Venture Capital, Taxation, Property, etc.

Some students because of their degrees offered them though.

3. Create a Russell Group of colleges for those degrees

I find it difficult sometimes that some critical laws are left in the hands of very few, which most times are not even directly affected.

I mean, why are men predominately involved in abortion rights; why are scientists the only ones that have the right to determine what happens to our DNA sharing with celestial bodies, etc?

Why can’t the academics and experts in these fields of study be left to prove their relevance to society?

I was left in awe when a friend that studied dance was explaining the science of dancing and body movements to me. I also have another friend that is interested in using the knowledge of his sociology and anthropology degree to create video games that will educate kids intentionally about other cultures and also a way to preserve our human civilisation and trends.

And even if harsh policies are mandatory, why not practically create exclusive colleges of learning for the people that a passionately interested in this subject to attend?

In Summary

In all honesty, Mr. Sunak, as a business graduate I probably understand the concerns and motivation behind this aspect of your manifesto. I understand the financial strain on the government to fund some degrees via student loans and not being able to recover those. I also can imagine the pressure on the government on rising unemployment and growing inflation.

But, I also come with this point of argument — if humans should start eliminating courses based on relevance, then perhaps, in the next 50 to 100 years mankind will only be left to study computer-related courses. And that is if artificial intelligence has not taken even that away from us.

Photo / A picture of Former British Chancellor of the Exchequer Rishi Sunak (Picture source: Metro)

Disclaimer: I am not a political person. In fact, although I often time find myself studying leadership styles and qualities, I still consider myself as someone that knows near to nothing about politics.

Thus, this open letter is not politically induced in any form! The motivation behind it is because it concerns ‘Education’. And that is a value I am very passionate about.

Finally, Twitter Is Rolling Out Edit Button

By
Samuel Nwite
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0

In April, Twitter announced that it’s working on an edit button, a feature that will allow its users to edit their tweets after they have posted it. On Thursday, the microblogging app announced that it is trialing the edit feature.

The social media company said the feature will allow users to change tweets up to 30 minutes after they are published, and that tweets can be edited a few times within the 30 minutes window.

The tweets will appear with an icon, timestamp and label to make it clear that the original post has been modified. Viewers can click on the label to view edit history, which will include past versions of the tweet.

“It’s true: Edit Tweet is being tested by our team internally. The test will then be initially expanded to Twitter Blue subscribers in the coming weeks. Given that this is our most requested feature to date, we wanted to both update you on our progress and give you and a heads up that, even if you’re not in a test group, everyone will still be able to see if a Tweet has been edited.” – Twitter said.

https://twitter.com/Twitter/status/1565318587736285184?s=20&t=godXv6MT4-lJsluDNgfD7Q

The feature, which will be rolled out in the next few weeks, is now being tested among a small group of users to address any possible issues. Twitter said the feature will be limited to one country first. The company added that it will be expanded to subscribers of Twitter’s Blue Service, the $4.99 per month class, later this month.

The Twitter Blue, which is only available in the US, Canada, Australia and New Zealand, has features such as an “undo” button, which gives users a 60-second window to amend a sent tweet before it goes public.

The half an hour window period edit button, which was created as a result of growing demand by Twitter users, though longer than the one minute function of Twitter Blue, is considered not enough.

As recent as two years ago, Twitter founder and former CEO Jack Dorsey had ruled out the possibility of an edit button. So the edit function was never in plan as it was a way to make everyone own up to their errors.

Twitter said the 30 minutes window is to keep conversations on the platform upright.

“The time limit and version history play an important role here. They help protect the integrity of the conversation and create a publicly accessible record of what was said,” the company said.

Twitter users overwhelmingly voted yes earlier this year after Tesla’s CEO Elon Musk, who became the company’s highest shareholder at that time, conducted a poll asking his followers if they would want an edit button.

But Twitter said it has been silently working on the feature before Musk conducted his poll. In a blog post, the company described an edit button as the platform’s “most requested feature” from its nearly 238 million users. However, Twitter said users should view the trial feature as “a short period of time to do things like fix typos, add missed tags and more”.

“We’re hoping that, with the availability of edit tweets, tweeting will feel more approachable and less stressful. You should be able to participate in the conversation in a way that makes sense to you, and we’ll keep working on ways that make it feel effortless to do just that,” said the company.

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