To be honest, there hasn’t been any coin which has come close to the success and popularity of bitcoin. The success of bitcoin was like a dream which no one saw coming.
In the 14 years since its creation, the price of bitcoin increased from $0.000763 per BTC in 2009 to upto $30,000 per BTC in February 2025.
In other words, someone who had invested in buying 1 bitcoin in 2009 became multi-millionaire in 2025.
So, what I am trying to say here is that what happened with blockchain was an unrealistic thing and is not likely to happen again. But that doesn’t mean that no other coin will ever be able to repeat the success of bitcoin.
In fact, there are some highly potential cryptocurrencies in the market which are as prominent as BTC in 2025, if not more.
5 Coins Like Bitcoin That Is Worth Investing
Let’s find out about some of the Altcoins like Bitcoin that are worth your investment and can make you rich in 2025.
Litecoin (LTC)
Litecoin, which was launched in 2011, proved itself a worthy opponent to the success of bitcoin. It was, at the time, called silver to bitcoin’s gold.
LTC rose to popularity very soon and became one of the most trading digital currencies of its time. It follows the same concept of a global, public payment network which is decentralized and PoW based.
Dash (DASH)
DASH was originally launched as darkcoin to represent the dark side of bitcoin.
It was launched in 2014 and operates on a decentralized mastercode network which is even more secure and anonymous than bitcoin’s network.
The best thing about DASH is that it can facilitate nearly untraceable transactions.
Ether (ETH)
ETH is certainly one of the best altcoins for trading purpose.
The best thing about the Ethereum network is that it extended the application of the blockchain technology by enabling other crucial features like Smart Contracts and Decentralized Apps based on blockchain.
Ethereum is what made blockchain distinct from the bitcoin.
Ripple (XRP)
Ripple was founded in 2012 as a global, real-time payment network which can be used for performing instant, low-cost cross-border transactions.
The major difference between Ripple and most other altcoins is that this one doesn’t require mining.
Bitcoin Cash (BCH)
Bitcoin cash (BCH) was a product of discussions and arguments over bitcoin’s scalability. It was created mainly with the purpose to overcome the issues that limit bitcoin.
For instance, the block size in BCH is 8 MB, as opposed to BTC’s block size limit of 1 MB.
Arbitrum is a technology suite designed to scale Ethereum. You can use Arbitrum chains to do all things you do on Ethereum — use Web3 apps, deploy smart contracts, etc., but your transactions will be cheaper and faster. Our flagship product — Arbitrum Rollup — is an Optimistic rollup protocol that inherits Ethereum-level security.
Open Fi Build a decentralized spot and perpetual exchange owned by DAOs.
Its core, is a solution for protocols on Arbitrum to properly incentivize liquidity for their own use cases. Building on top of the groundwork laid out by Solidly, our team has addressed that first iteration’s core issues to realize its full potential.
OPENFI is a decentralized spot and perpetual exchange that operates on a vast scale, providing traders with low swap fees and zero price impact trades. The platform’s trading capabilities are bolstered by a diverse multi-asset pool, which earns liquidity providers fees through market making, swap fees, and leverage trading.
The protocols of OPENFI offers two tokens, $OPEN and $NECTAR, both of which are ERC20 tokens based on the Arbtrium chain. The $OPEN token functions as an asset endorsement token as well as a certificate of ownership for treasury assets. On the other hand, $NECTAR tokens are used to manage contracts and represent a value contribution to the protocol.
The Potocol own the liquidity of the new generation dex.
Supports swaps and leverage trading.
$OPEN A token that endorses.
An asset and holds a warrant as a Treasury asset The NECTAR token acts as the protocol contribution token and is used to administer the contract.
Summary
Openfi belongs to a very new circuit with a very large market share and competitiveness. And the product has a very low threshold, making it ideal for the average investor. The project effectively hedges the risk and loss caused by the decline of stable coins and anchor assets in the bull market, which is equivalent to an insurance policy for these two types of assets, and is a product that is just needed in the bear market. I believe OpenFie can definitely drive the prosperity and development of Arbitrum ecology with its own strength and welcome the summer of Layer2.
The Indian government is considering a proposal to introduce cryptocurrency regulations. This article details what the government is thinking and which laws might be affected by the proposal. The Indian government has been thinking about regulating cryptocurrencies since early 2018, when it formed a committee to study how they were being used in the country.
According to a report by news agency Press Trust of India (PTI), the panel recommended that crypto assets should not be allowed for payments and settlements.
However, it acknowledged the benefits of blockchain technology, which is used in cryptocurrencies. Grains, gold, and even land records can be kept in blockchain form
Cryptocurrency
exchange regulations in India have grown increasingly harsh.
While technically legal, in April 2018 the Reserve Bank of India banned banks and any regulated financial institutions from “dealing with or settling virtual currencies”.
The
sweeping regulation prohibited trade of cryptocurrencies on domestic exchanges
– and gave existing exchanges until 6 July 2018 to wind down.
India has a number of laws that currently apply to cryptocurrency. A new Cambridge University report explains some of these laws. We have taken notes from the report and simplified it for you. Hope it will clarify your cryptocurrency knowledge and its operation.
While
the Indian Government is working on drafting the legal framework specifically
for cryptocurrency, several existing laws apply to crypto assets in addition to
the infamous RBI circular that prohibits all regulated entities from providing
services to crypto businesses.
For cryptocurrencies that are deemed securities, Securities Contracts Act 1956 may apply.
However,
the report states that “Currently, there is regulatory uncertainty regarding
applicability” of this law to tokens but some “may fall within its remit if,
inter alia, they are issued by an identifiable issuer and backed by the
underlying assets of the issuer.”
Companies Act and Payment Systems
The regulations under the Companies Act, 2013 and rules will be applicable on all token types cryptocurrency. On of the author of the report explained in detail, “These are primarily the Companies (Acceptance of Deposits) Rules, 2014 (Deposits Rules) which specify when the receipt of money, by way of deposit or loan or in any other form, by a company would be termed a deposit, and also provides certain exemptions from its applicability.”
“Payment tokens may also be subject to the Payments and Settlements Systems Act 2007 (PSSA). The Cambridge report claims that there is nothing in this act “to exclude virtual currency, since only the term payment is referred to, as opposed to currency, legal tender or money.”
“Therefore,
if a cryptocurrency activity “were to constitute a ‘payment system’ or other
regulated activity, the issuer would need payment system authorisation from the
RBI under PSSA and would require compliance with KYC/AML norms.”
Money Laundering
The use of cryptocurrencies may further fall under the Prevention of Money Laundering Act 2002 (PMLA), which carries statutory penalties of up to 10 years imprisonment.
However, the report clarifies that it is
unclear whether the reporting obligations prescribed under Chapter IV of the
PMLA extend to wallet operators, crypto asset exchanges or third-party bitcoin
services.
It
added, “A majority of crypto asset trading platforms are self-regulatory and follow
extensive KYC/AML norms.”
Unregulated Deposit Schemes
There is
also the Banning of Unregulated Deposit Schemes Bill 2018 which has been tabled
in Parliament. It proposes to prohibit all unregulated deposits which could
apply to initial coin offerings (ICOs).
The author
explained that the bill “provides a schedule of regulated deposit schemes, and
all unregulated deposit schemes are prohibited.”
Additionally,
“The term deposit includes ‘an amount of money received by way of an advance or
loan or in any other form, by any deposit taker with a promise to return
whether after a specified period or otherwise, either in cash or in kind or in
the form of a specified service, with or without any benefit in the form of
interest, bonus, profit or in any other form, but doesn’t includecertain
enumerated categories”
He elaborated, “An ICO might be regarded as an ‘unregulated deposit scheme.’ So, virtual currency token issuers would need to ensure, in order to be outside the purview of the Ordinance, that (A) the scheme is regulated and/or (B) there should be no liability of returning any money received.”
He added
that this bill “was passed in the Lok Sabha (House of Commons) on Feb 13, 2019
but will lapse in the House of Representatives (Rajya Sabha) after the
dissolution of the Lok Sabha due to elections in May this year.”
He further
remarked, “Ordinances are usually required to be approved by the Parliament
within 6 weeks or they lapse, in this case, no official confirmation about its
approval by the Parliament has been made yet. Considering the elections, I am
sure the 2019 Ordinance would take another few months (at least) to be made
into a law.”
Hope our interpretation and explanations be some help to you.
Singapore is widely known as one of the most popular countries for establishing a cryptocurrency business in the East. The great popularity of this business encouraged local legislative and regulatory authorities to implement separate legislation and regulations to make the market more transparent and safe for investors.
So, launching and running any crypto project in this region surely promises to be a highly profitable endeavor as the market is huge here thanks to the ensured transparency.
At the same time, it is necessary to observe strictly regulatory requirements and get authorization to start a crypto business in Singapore. Prifinance Company helps with getting a Singapore crypto license by overcoming effectively possible bureaucratic formalities that may cause the rejection.
Entrepreneurs who are preliminarily interested in realizing the crypto business objectives in Singapore may need to be aware of the next highlights of crypto regulation in the jurisdiction.
Basic Highlights about Crypto Regulation in Singapore
The legislation of Singapore may be characterized as one of the most crypto-friendly around the globe. It clearly regulates the operations associated with the circulation of crypto assets. The Monetary Authority of Singapore (MAS) makes a proactive effort towards adaptation of the local legislation to the market demands, including the need for investors’ protection.
From 2022, all traditional and token-based transactions are regulated by the separate Payment Services Act. Simultaneously with this Act, the MAS also adopted Notice PSN02 which is related to the prevention of money laundering and counters terrorism financing.
This legislation and regulations are aimed at implementing clear rules for closing crypto deals and preventing money laundering in any form. Such legal rules are proven to be effective for detecting and stopping possible illegal money flows through Singapore and are generally not considered to be too burdensome by a business.
The scope of licensing activities is limited in this jurisdiction. In most cases, the need of getting a license is associated with the cases when crypto assets have features attributed to the securities.
At the same time, an entrepreneur who is aiming at running a crypto exchange is obliged to get a license for this activity in advance. Mining is not forbidden in this jurisdiction but the costs for making it are higher compared with similar ones in other jurisdictions.
How Prifinance Lawyers Are Ready to Help You
If establishing your crypto project in Singapore appeared as a recent objective on your agenda, Prifiance lawyers are ready to facilitate the realization of this goal through applying these legal measures:
assessing the background of your case and business objectives – suggesting the best registration solutions in your existing case;
gathering must-have documents and particulars to launch the license application process;
starting a new legal entity that will serve as an authorized operator in the Singapore region;
supporting opening bank accounts and cooperation with EMI that may be necessary to run a future crypto project in Singapore and worldwide;
handling all registration-related and other negotiations with the local officials;
helping with closing deals and resolving other issues that may be in place during the operation of your newly formed crypto project.
Share the details of your business case and objectives with Prifinance lawyers to get instant and helpful solutions to the point.
Elon Musk after becoming the new owner of the microblogging site is definitely giving Twitter a facelift. All new scenarios are seen around Twitter and right now we all know that the personality of Mr. Musk and his humorous replies are full of drama. Since the news broke about his takeover, we can barely think a day about what is awaiting next.
Initially, Elon Musk fired the top four Twitter executives including the former CEO, ex-finance chief, and ex-legal affairs & policy chief. Later, he gave an estimate to the company’s employees having the time base till November 7 to forge Twitter’s verification.
Some of the proven reports mention that verified users are advised to pay $20 monthly. In fact, after due consultations, the requisite fee was brought down to $8.
We can now relate that these two things are bound to happen. Firstly, the verification fee was sure to stay. Next, the monthly fee that employees need to pay is $8, and you cannot do anything about it. Regarding the recent mocks and discussions going on the web, Elon Musk is not bothered about the complaints raised by users.
Instead, he tweets an absurd expression “To all complainers, please continue complaining, but it will cost $8”. This already specifies anyone can complain about whatever things but the price isn’t changing.
Earlier, Elon Musk also declared that he plans to launch an $8 Twitter subscription service to authenticate and authorise subscribers, enhance the visibility of their posts, and enable the subscribers to view fewer ads.
According to his tweets and thinking, at odds with what everyone thinks, the verification tick is not introduced only for celebrities, instead, it is also for firms or individuals.
Following such a mindset are people having the tendency to attract and propose several followers. These individuals and firms usually accord fake accounts initiated by criminals. Lastly, the verification tick is a strategy to recognize and differentiate the official account from the parodies.
This resulted in charging fees
As a result, the great Elon Musk switched his Twitter certification naming to “Twitter Complaint Hotline Operator”. Not only the name but he also changed his display image avatar into a little boy answering the phone.
A series of improved measures after Musk joining Twitter has given rise to dissatisfaction among several users. At the moment, he is emotionless about user dissatisfaction.
Looking at the wavering situations of Twitter and employees, all should focus on how to gain upper hand on any platform you choose that will surely promise secure social media networking and a heads up.
The Genesis of $8 Complaints
To understand the $8 complaints, it’s crucial to trace their origins. The first instances seem to have emerged spontaneously across diverse Twitter communities, ranging from tech enthusiasts to casual users. While the nature of the complaints varies, a common thread is the mention of the seemingly arbitrary figure of $8. Users have expressed frustration, curiosity, and even humor in response to this enigmatic trend.
Possible Interpretations
Symbolic Significance: Some speculate that the $8 figure holds symbolic meaning within certain online communities, possibly representing a meme, code, or cultural reference that has gained traction. Unraveling this symbolism may provide insights into the collective consciousness of these online spaces.
Digital Transactions: Considering the prevalence of digital transactions, the $8 complaints might be a subtle commentary on financial interactions on the platform. Users may be expressing dissatisfaction with payment-related issues or fees, drawing attention to the financial aspects of their Twitter experience.
Cryptocurrency Connection: Given the rising influence of cryptocurrencies, some users suggest a potential link between $8 and specific digital assets. It remains to be seen whether this is a form of decentralized digital expression or a coordinated effort within the crypto community.
Implications for Twitter
The surge in $8 complaints raises pertinent questions about the platform’s responsiveness, communication, and community management. Twitter’s role in addressing and understanding these emerging trends will undoubtedly shape user sentiment and influence the platform’s future trajectory. As users increasingly turn to social media for various purposes, Twitter’s ability to adapt and address community concerns becomes paramount.
Community Response
Twitter, known for its dynamic and engaged user base, has responded in diverse ways to the $8 trend. Some users have embraced it as a form of online culture, weaving $8 into their tweets and profiles, while others seek clarification and resolution from the platform. The trending hashtag #TwitterEightGate has become a focal point for discussions and memes surrounding this peculiar phenomenon.
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Nowadays, it’s difficult to find such potential platforms that offer you a great deal. While other social media platforms like Twitter, Facebook, TikTok, and Instagram, are taking users and security for granted, you are indirectly treated as a product instead of an entity. In the other scenario, this is a decentralized social networking platform built with blockchain security layers and sophisticated smart contracts. Check out more details about this new project on its official page.
Welcome to the most user-oriented crypto trading website! Gagarin News is a global cryptocurrency news portal. The online platform, created for you by the creators of the world’s first entertainment show about cryptocurrencies Gagarin Show, is designed to popularize the new age of blockchain technology, which is changing our world.
Readers will get access to the latest news, events, analytics, opinions, videos, interviews and more from the world of cryptocurrency . Also, the media is aimed at both advanced crypto-adepts and those who are just starting their way in this sphere.
Nowadays more and more people are interested in blockchain technology. After all, the blockchain confidently entered the geopolitical arena and became a lever of global processes in the economy and society. However, for many, this modern technology still remains unknown.
Therefore, the mission of trading platform Gagarin news is to promote blockchain and popularize the technology, provide quality content and in-depth analytics that will be useful to both those who are new to the industry and those who have been in it for a long time.
We are glad to show you only up-to-date news and exchange rates. Here you can find a lot of cool features. This is the space where all who are interested in crypto are welcome.
We collected the most recent news about cryptocurrencies and the best exchange rates. There aren’t any restrictions. No matter if you are a beginner or a professional trader. Our crypto space has a lot of possibilities for all the people who come here.
There are two modes: beginner mode and professional mode. The first one offers you various useful articles about crypto trading for a good start. Here new users can learn about blockchain, trading principles, different kinds of currency and so on.
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Bitcoin cloud mining aids people in mining Bitcoins without involving in managing the miners. Bitcoin mining or other crypto mining is not an easy task and does not always benefit the miners. Because problems such as high electricity tariffs, currency price fluctuations, network difficulties, as well as lack of skills, time, or money to invest, are facing the miners.
Bitcoin cloud mining not only has solved these problems but also has provided the opportunity to make a profit without having to buy hardware or set up mining systems. Simply put, Bitcoin cloud mining is the process by which you lease the processing power of other mining devices to participate in cryptocurrency mining.
In this method, you buy the processing power of interconnected devices that are located in a mining farm equipped with a certain amount. After the mining process is performed by these servers and devices, the obtained cryptocurrency will be transferred to your wallet.
The advantage of this system is that the user will not be involved in issues and costs of mining operations. It also receives a share of the mining profit as much as the processing power it rents.
What are the advantages and disadvantages of bitcoin cloud mining?
The benefits of Bitcoin cloud mining include:
You will not need to use noisy cryptocurrency mining equipment at home.
You do not need to buy expensive mining systems.
You will not pay for extra electricity.
You will not encounter problems operating the equipment ventilation system.
You will not encounter hardware and software problems with mining devices.
You will not have the hassle of buying or selling mining equipment.
Disadvantages of Bitcoin cloud mining include:
There is a risk of fraud in the way the cloud mining company works and how much it earns.
You will earn less than the normal mining process.
If the price of digital currencies being mined changes, there is a possibility that mining operations will stop.
Subscribers who become members of Bitcoin cloud mining do not have control over their assets.
You will not learn the mining method.
To eliminate the disadvantages of this method, it is necessary to know the reputable cloud mining companies and become a member of one of the reliable companies.
What are the benefits of Bitcoin cloud mining over bitcoin mining?
You can experience the easiest, fastest, safest, and cheapest way to earn money from bitcoin mining by using the services that Bitcoin cloud mining offers. There are several advantages for Bitcoin cloud mining:
No machine setup: There is no need to set up complex mining devices with Bitcoin cloud mining. You can participate in Bitcoin mining immediately after purchase.
Minor and transparent maintenance fee: For bitcoin cloud mining, a small and completely transparent monthly fee is charged for electricity, maintenance, and fixing hardware, and the salary of a specialist for device maintenance, from the Miner rental subscriber.
Full interest payment: In Bitcoin cloud mining, all the customer’s interest is paid to him in proportion to the amount he has invested.
High stability and security: Bitcoin cloud mining has a more stable income. Also, income security is more than personal mining.
What is the efficiency of cloud mining?
Mining cryptocurrencies always has a lot of risks that if you are aware of them and can make the right decisions, it will guarantee you a profit.
One of the important points in partnering with Bitcoin cloud mining companies is to calculate the amount of cloud mining profit. Cloud mining contracts at some service providers may be profitable in the first few months, but you may see a decline in profits for two reasons:
Increase mining difficulty,
Reduce the price of mined cryptocurrencies.
To solve this problem, the revenue from bitcoin mining can be reallocated to buy a new hash. You should buy more mining contracts from the cloud mining service.
A Bitcoin mining profitability calculator can be used to calculate the estimated profit. If you want to make sure that you do not lose money by participating in Bitcoin cloud mining, you should choose a company that manages to keep cloud mining away from risk and in the best position.
To choose the best sites that provide Bitcoin cloud mining services, you should first research your desired service on social networks and ask experts in this field. Because investing in cloud mining services and websites, like any other investment, requires time to scrutinize.
During its activity, Minerland Company has shown that it is one of the most reputable Bitcoin cloud mining systems. Minerland is without a doubt the safest and most reliable mining system.
By leasing hashing power to the cryptocurrency mining process, MinerLand offers one of the most profitable bitcoin cloud mining centers to its subscribers. By choosing a plan, each member can see a fundamental change in their financial future.
How to invest in Bitcoin cloud mining?
1. First, the user must register in the registration system. When registering on the platform, the user must type information including their name, mobile number, email, and country. After entering the user panel, the user can select his avatar. Then enter more information to complete your profile.
2. Members can then invest in plans offered in Bitcoin Cloud Mining. Each member can choose one or more plans to subscribe to cloud mining programs and include them in their shopping cart. Each cloud mining company has several payment methods for users. Members can pay with acceptable cryptocurrencies or other Fiat currencies. Most cloud mining companies now accept BTC and Visa Card or Mastercard.
3. At this stage, mining for investors begins. Bitcoin mining profitability calculator starts immediately after members subscribe and invest. Investors can monitor mining performance from the central panel of Bitcoin cloud mining. People who join Minerland and invest in more valuable plans will make a significant difference in their financial future. They can add to their hash power to earn more money and have the best coins to mine in 2022.
4. Finally, it is time to withdraw deposits. When the amount of bitcoin those investors receive from Bitcoin cloud mining reaches the minimum amount required for withdrawal, they can transfer their bitcoin income to their bitcoin wallet.
What are the ways to earn income through Bitcoin cloud mining?
Investors are also advised to reinvest their profits in the Minerland cloud mining company. In this way, their income will increase and they can illuminate their financial future.
As the bitcoin network hash rate improves, it shows that the Chinese government has greatly reduced its strictures on the mining industry. Therefore, it is likely that by the end of 2022, the price of bitcoin will improve and reach above $ 49,000 and more. As China lowers barriers to bitcoin mining, users will be able to enter the bitcoin mining space more easily, making it possible to take advantage of rising and falling markets.
Entering the bitcoin mining industry, investors can receive bitcoin as a mining bonus and do not need to buy it directly from the market. However, with the growth of this industry and the expansion of its field of work, individuals or companies that can provide the cost of electricity and maintenance of the required and expensive hardware for mining operations have set up bitcoin mining farms.
Another option that investors can use to store BTC and other cryptocurrencies, even with low capital, is to get more bitcoins by buying Bitcoin cloud mining contracts.
What are Bitcoin cloud mining contracts?
From the earliest days of Bitcoin, the cloud mining industry began to grow. Because users who were interested in bitcoin mining but did not have a place to start mining devices, or could not provide hardware mining equipment, or could not provide the power needed for the equipment, they came to Bitcoin cloud mining platforms.
Famous companies that were among the first companies to present cloud mining services include Genesis Mining and HashNest. Of course, the demand for users to partner with these companies and use their services has increased so much that it is beyond their ability. Even all their bitcoin cloud mining contracts have been purchased by users.
Minerland is a Georgia-based company that has been operating for several years and is connected to data centers in various locations.
Through the services provided by Minerland, users can rent mining equipment and pay for the equipment without having to go through the hard work of mining, while the mining company has tasks such as providing a physical location and providing the machine. Also, it is responsible for operations and maintenance.
Users can also purchase hash power by purchasing the contracts of Minerland. Once the contracts have been purchased, the proceeds from Bitcoin Cloud Mining will be credited to the Bitcoin wallets of the subscribers. The wallet has been specified by the users themselves. Users can withdraw these bitcoins or re-invest in mining by buying another contract to make more profit and secure their financial future. Of course, keep in mind that all Bitcoin cloud mining corporations warn their members about the dangers that may arise in providing cloud mining services. Some of them may not guarantee any level of profit.
Various conditions can occur that cause these risks. These conditions include:
Electricity power price fluctuations,
Increases or decreases of the price of Bitcoin,
Promoting mining technology that increases the difficulty of the mining network,
Old equipment will lose its capability.
What plans can investors in Minerland use in 2022?
Minerland has 4 different plans with different amounts of investment at the cloud miner center, which are:
· Soldier Minerland Plan: Members of this platform must pay $ 15.99 to participate in the Soldier Plan. The user can pay 50 points earned from different designs instead of buying this design. Investors who have purchased this plan can receive 150 Satoshi as a daily profit and 1 point. If an acquaintance introduced to Minerland buys this plan, they can earn 5 points. Of course, they can share in the mining of currencies generated by SHA-256 algorithms.
· Major Minerland Plan: Investors of this platform must pay $ 49.99 to participate in the Major Plan. The previous fee that the user had to pay was $ 69.99. The user can pay 200 points earned from different designs instead of buying this design. Investors who have purchased this plan can receive 700 Satoshi as a daily profit and 5 points. If an acquaintance introduced to Minerland buys this plan, they can earn 20 points. Of course, they can share in the mining of currencies generated by SHA-256 / Ethash algorithms.
· Captain Minerland Plan: The user must pay $ 444.9 or have 2000 points to participate in the Captain plan. They receive 6250 Satoshi Daily Profit and get 60 points. The affiliate person to the user of Minerland gets 200 points. The previous fee that the user had to pay was $ 599. 9. They can participate in mining currencies mined by SHA-256, Scrypt, and Ethash algorithms.
· Lord Minerland Plan: Members of this platform must pay $ 1999 to participate in the Lord Plan. The previous fee that the user had to pay was $ 2499. The user can pay 8000 points earned from different designs instead of buying this design. Investors who have purchased this plan can receive 28000 Satoshi as a daily profit and 280 points. If an acquaintance introduced to Minerland buys this plan, they can earn 800 points. Of course, they can share in the mining of currencies generated by SHA-256 / Ethash / Scrypt algorithms.
Minerland members can earn more by participating in projects. This is possible if they use the following methods:
All Minerland contracts are for one year, but if users buy into any of the plans and invest in longer periods, they can earn more profit and points.
Minerland members can purchase any of the plans offered by the company. They can even have two or more designs at the same time. In this case, a person’s income is the sum of the income that a person will have from all programs.
Investors can use the profits they have earned again to buy Mainland projects, in which case they can make more profit.
For more information on the various Minerland apps, interested users can visit Miner-
NFTs have been the talk of the crypto community for a few years now, and with each passing year, their potential seems to grow. What was once the preserve of digital art collectors and highly speculative investors is now something that could be used on everything from subscription services to online bitcoin casinos, giving players a chance to unlock extra content, features, and more.
But can these digital tokens hold a store of value just like bitcoin and precious metals? Do they have as much potential as an asset, and what does the future hold for NFTs?
What is a Store of Value?
Before we discuss the potential benefits of NFTs as a store of value, we need to address what this term actually means.
A store of value is simply an investment that holds its value. It is an asset or commodity that does not rapidly depreciate over time, allowing the investor to dip into their investment and withdraw as needed.
Gold and silver are some of the best examples, as the market has valued these metals since the dawn of civilization, and they tend to hold their value over long periods of time. If you have a large store of gold, you know you’ll always have a reliable investment that you can add to and withdraw as required.
On the flip side, a classic car is not a store of value asset. It might have a high value to begin with and it might even be considered a collectible, but it’s a car and it will deteriorate both in quality and—probably—price as long.
A nation’s currency is also a store of value, as it’s an asset to which a value is assigned. When you’re given your paycheck every month, you’re relying on that money to have a certain value, one that hasn’t changed greatly from the previous paycheck.
Is Bitcoin a Good Store of Value Asset?
Bitcoin has a lot of potential as a store of value asset. As with gold and silver, it can be collected, stored, and then sold as needed. And unlike bonds and other potential store of value assets, it doesn’t need to be sold in its entirety.
You can sell fractions of bitcoin and withdraw only as much money as you require. More importantly, your bitcoin collection is 100% digital, so you don’t need to go to the trouble of finding a dealer, negotiating a price, and then lugging your gold halfway across town to sell it.
Bitcoin is not as stable as silver or gold, but if you look at its price over the long term, and focus on the bigger picture, it has been pretty reliable.
NFTs as a Store of Value
NFTs definitely have potential as a store of value asset, and that potential is already being realized.
What makes them so unique is that they are non-fungible, which means every token is completely unique. A fungible token, such as a bitcoin, is just like every other, and 1 can always swap for 1.
A non-fungible token is more like a personalized coin or a signed baseball card in the sense that it can’t simply be swapped for other coins or baseball cards as the value is not the same.
Multiple tokens can also be created for a single item, such as a piece of art, and this creates more liquidity as it means the seller only needs to find a part-buyer.
Imagine, for instance, that you own the Mona Lisa, and it has been valued at $500 million. It’s a hefty asset, but you’ll have a hard time selling it. Not only do you need to find the auction house capable of handling such an expensive piece of art, but you also need to find the buyers who have half a billion dollars to spend on a painting.
On the flip side, if you were able to break that artwork down into 500 pieces, each selling at $1 million, you’d never have an issue selling one or more of those pieces, as more people are willing to spend that sum of money on artwork.
It means you don’t need to worry about selling at the right time or through the right people, and that creates a sort of liquidity that is often lacking in the collectibles sector.
Every single person who owns that painting will be given their own unique code—their own segment of the Da Vinci masterpiece. They’re not just “1 of 500”. They are “Mona Lisa 234”, and that’s something that only they can have, and only they can sell.
It’s not just about artwork and other collectibles, either. NFTs can also be used to purchase other expensive assets, such as real estate. They provide the means of breaking large and unachievable investments into small and affordable chunks, without losing any of the innate value in the process.
That’s what NFTs can do for investors and for the financial sector on the whole, and that’s one of the many reasons that so many people are getting excited about them right now.
Article written by Cloudbet – the leading bitcoin casino
Last month, the Stellar Development Foundation (SDF) participated in a cryptocurrency hearing hosted by the U.S. House Committee on Financial Services.
CEO Denelle Dixon presented the technology of the Stellar decentralized payment system and its applications. With the recent news that Ukraine and Mexico will be using Stellar to run their digital currencies, Stellar is once again in the spotlight.
What is Stellar?
Launched in 2014, Stellar is a platform that supports cross-border transactions between currency pairs and aims to solve global payments problems through blockchain technology.
The global payments and settlement system is complicated by various fiat currencies and each country’s financial and regulatory systems.
Stellar aims to solve this problem by making transfers between different currencies efficient (within 5 seconds) and low cost (under 1 cent USD) through decentralized transaction validation.
The current status of Stellar
In its seven years of development, Stellar used to have an illustrious history.
It was once a top 10 blockchain project in terms of Market Cap. And even set a record for a 100x increase in token price before DeFi Summer.
Unlike projects in the crypto world, Stellar has built many partnerships with the traditional financial community, including IBM and national financial institutions.
However, according to Footprint Analytics, Stellar is currently growing slowly.
After years of growth, it has a TVL of around US$1.5 billion to date, ranking it 40th among public chains, and this rate is far less than that of the up-and-coming public chains that are just starting.
Stellar’s ecosystem is highly underdeveloped, with only two projects at present and very homogeneous.
Reasons for Stellar’s Slow Growth
Poor Ecosystem Incentives
At the time of Stellar’s creation, an inflation mechanism was set up to prevent a reduction in the circulation of XLM.
Each year the inflation scheme generates tokens equal to 1% of Stellar’s total supply and accounts for more than 0.05% of Stellar’s total share receiving additional XLM coins.
The purpose of the inflatable mechanism is to incentivize. However, analysis by Coinmetrics shows that 98% of the XLM incremental coins went to the SDF (Stellar Development Foundation) and did not benefit the Stellar project.
One reason for this is that the foundation has been involved since the early days and therefore can participate in the annual distribution of newly generated tokens.
The second reason is that most Stellar participants joined during the 2017 burst and are speculative users with little involvement in the ecosystem.
The Omission of SDF
The foundation holds a large number of tokens due to inflationary mechanisms. However, the foundation has failed to use these tokens to help the project function better. Crypto Slate analysts stated in 2019[1][2] that the foundation has only consumed $40,000 for community projects. Having a large amount of money but not using it well maps out the inaction of the foundation.
In 2019, the Stellar Development Foundation initially mitigated the token mismatch by ending its inflation plan and destroying more than 50% of its tokens. However, XLM still needs to expand its usage scenario.
The Road Ahead for Stellar
Although Stellar ended up lagging since it’s launch, it is set to make a comeback from 2021.
With the explosion of DeFi projects, multi-currency, cross-chain transfers are a current blockchain pain point, and Stellar offers one of the solutions that define a new standard for global payments.
Stellar has gained market recognition through expanded payment companies, national banks, financial institutions, and more, gaining recognition from multiple parties and several strong partners as a global solution for cross-border payments.
EVM Compatibility
The incompatibility of Stellar contracts with EVM means that developers cannot quickly deploy projects on Ethereum to Stellar in February 2021.
FlareNetworks has announced the integration of Stellar Lumens (XLM) with its smart contract platform, thus enabling compatibility with the Ethereum blockchain. If successfully landed, Stellar will be even more scalable.
Summary
Stellar’s recent moves show that it continues to interface with the financial community and bridge the gap between traditional and on-chain payments.
We can keep an eye on Stellar and look forward to its continued development in solving global payments challenges.
Here are some additional details from the Footprint Analytics report:
The number of active addresses on the Stellar network has increased by 15% in the past month.
The average transaction value on the Stellar network has increased by 20% in the past month.
The XLM price has increased by 25% in the past month.
The report concludes that Stellar is “poised for a rebound” and that the network is “well-positioned to capitalize on the growing interest in DeFi.”
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