Friday, July 30, 2021

SPRT (GREE) vs Bitcoin Mining competition

Know what you own. GREE's mining is arguably best in class, lowest cost, and expanding operations ahead of merger. The greater Market is clearly choosing a winner. And the Shorts still haven't covered.

Cost per Bitcoin mined:
GREE - $2.85k (March 2021 Merger Agreement)
Marathon - 4.5k (March 2021 Investor Presentation)
TeraWulf - 5.8k (June 2021 Merger Agreement)
Gryphon - 6k (June 2021 Investor Presentation)
RIOT - $7k (May 2021 Investor Presentation)
BitFarms - 8.4k (June 2021 Investor Presentation)

💎💎🚀🚀💎💎🚀🚀

SPRT (GREE) vs Riot, Mara, Hut8, Hive, Bitfarms, Bit Digital (3 months)

EDIT: Left off SOS & Canaan because that would be mean.


Spin-off: Enemies

Idea for a spin-off show called: Enemies

Show will be all the characters the main cast had negative encounters with. It will include in-depth dialog regarding the emotional impact in their lives and recaps of the irreversible decisions that were made which began the downfall/devastation of said characters.

Example episode: The sad confessions of Ethan, describing his downward spiral he went into after Monica broke up with him and the debauchery, benders and self-destructive events that came after, which eventually led to him becoming homeless, addicted to every drug imaginable and wanted by 4 different states.

Ok, I know it's no Ibsen, but I think I'm on to something here.

Networks, please feel free to DM me to start writing the pilot. I'll gladly accept bitcoins as payment.


Spin-Off: Enemies

Idea for a spin-off show called: Enemies

Show will be all the characters the main cast had negative encounters with. It will include in-depth dialog regarding the emotional impact in their lives and recaps of the irreversible decisions that were made which began the downfall/devastation of said characters.

Example episode: The sad confessions of Ethan, describing his downward spiral he went into after Monica broke up with him and the debauchery, benders and self-destructive events that came after, which eventually led to him becoming homeless, addicted to every drug imaginable and wanted by 4 different states.

Ok, I know it's no Ibsen, but I think I'm on to something here.

Networks, please feel free to DM me to start writing the pilot. I'll gladly accept bitcoins as payment.


(USA) Bitcoin Miners Can Escape US Taxes by putting their mining equipment in their IRAs.

https://finance.yahoo.com/news/bitcoin-miners-escape-us-taxes-140000587.html

NOTE: The subject of the article link is incorrect. You have to buy your mining rigs with money in an IRA and then send the bitcoin you mine into your IRA. Then your taxes are DEFERRED until you withdraw from the IRA.

  • Through an agreement with Choice IRA, a crypto-friendly retirement offering by digital asset custodian Kingdom Trust, Compass clients can mine bitcoin without triggering a taxable event.
  • The Compass arrangement allows clients to circumvent this requirement by buying mining hardware with funds in their Choice IRA, which then receives the payouts.

Applied Blockchain, Inc. Launches Hosting Business

$32.5 Million Private Placement Led by Bitmain Completed to Fund Buildout

Secured Long-term Hosting Agreements with Industry Leaders Bitmain and GMR

Management to Discuss details at 9 a.m. on August 2, 2021

DALLAS, July 30, 2021 /PRNewswire/ -- Applied Blockchain, Inc. ("Applied Blockchain" or the "Company") (PINK: APLD) today announced it is entering the crypto hosting business, following the closing of a $32.5 million private placement on July 30, 2021. The private placement was led by Bitmain, a producer of products for blockchain and artificial intelligence (AI) applications. The proceeds will fund the acquisition of land, construction of facilities, component procurement and other project costs related to the Company's hosting business in North America. Once constructed, the hosting facilities will house up to 500 megawatts of power and will enable the Company to generate a stable cash flow stream through long-term hosting agreements and lower the cost of power for the Company's own mining operations.

Bitmain joins SparkPool and GMR as strategic partners for the Company, assisting in the operation and development of its mining and hosting businesses as well as the identification of other strategic business initiatives. In addition to the strategic and equity partnerships, the Company has secured long term hosting agreements with Bitmain and GMR.

"The successful private placement secures the project's development to establish a large-scale data center in North America," says Irene Gao, Antminer BD Director, NCSA Region at Bitmain. "We are confident that our partnership with Applied Blockchain will provide professional mining services to move the industry forward."

"The crackdown on mining operations in China created a unique opportunity for us to launch our own hosting operations with our current partners as well as add another blue-chip partner," said Applied Blockchain, Inc.'s CEO and Chairman, Wes Cummins. "This new venture complements our existing mining business, services a real and growing demand for hosting capacity and leverages domestic resources and talent to create an even more compelling economic profile for our shareholders."

Mr. Cummins continued, "Over the last several months we have assembled an impressive team of specialists including engineers and contractors that have experience in procurement and building out hosting facilities who are not only experts in their respective fields but understand our vision and what we are focused on accomplishing. We are entering into a long term agreement with a utility and are strategically locating our hosting operations in the Upper Midwest where there is an abundance of energy production and ample real estate available at an attractive valuation for additional expansion. We expect our first 50 megawatts of capacity to be operational before year end with plans to ultimately scale to more than 500 megawatts, making Applied one of the largest hosting providers in the world."

"This industry is young and evolving rapidly, and as such it is important that a company can position itself to react quickly to capture opportunities like this one," adds Mr. Cummins, "I'm proud of the team and the relationships we have built in such a short time to take advantage and execute on this new business."

B. Riley Securities, Inc. served as placement agent for the private placement.

Management will publish a pre-recorded message on Monday, August 2, 2021 at 9 a.m. Eastern Time to discuss the company's hosting operation, business plans and financing. To access the recording, please dial:

Within the United States: 1-844-369-8770
International: 1-862-298-0840
The message will be available for replay until Monday, August 16, 2021 and can be accessed by dialing:

Within the United States: 1-877-481-4010
International: 1-919-882-2331 Please reference replay passcode: 42381 The message will also be available online at: https://www.webcaster4.com/Webcast/Page/2686/42381

Follow us on Twitter at @APLDBlockchain.

Find the latest video update from CEO and Chairman Wes Cummins at https://ir.appliedblockchaininc.com/events-presentations/

About Applied Blockchain

Applied Blockchain, Inc. (APLD) is a publicly traded company that has partnered with Bitmain, SparkPool, and GMR (General Mining Research) to develop a business in the crypto mining industry. APLD delivers high-performance crypto mining and infrastructure solutions to customers around the globe. APLD also engages in direct mining of Bitcoin, Ethereum and other cryptoassets. The company is backed by some of the largest family offices and institutional investors in the US. www.appliedblockchaininc.com

https://www.prnewswire.com/news-releases/applied-blockchain-inc-launches-hosting-business-301345268.html


Applied Blockchain, Inc. Launches Hosting Business

Applied Blockchain, Inc. Launches Hosting Business

$32.5 Million Private Placement Led by Bitmain Completed to Fund Buildout

Secured Long-term Hosting Agreements with Industry Leaders Bitmain and GMR

Management to Discuss details at 9 a.m. on August 2, 2021

DALLAS, July 30, 2021 /PRNewswire/ -- Applied Blockchain, Inc. ("Applied Blockchain" or the "Company") (PINK: APLD) today announced it is entering the crypto hosting business, following the closing of a $32.5 million private placement on July 30, 2021. The private placement was led by Bitmain, a producer of products for blockchain and artificial intelligence (AI) applications. The proceeds will fund the acquisition of land, construction of facilities, component procurement and other project costs related to the Company's hosting business in North America. Once constructed, the hosting facilities will house up to 500 megawatts of power and will enable the Company to generate a stable cash flow stream through long-term hosting agreements and lower the cost of power for the Company's own mining operations.

Bitmain joins SparkPool and GMR as strategic partners for the Company, assisting in the operation and development of its mining and hosting businesses as well as the identification of other strategic business initiatives. In addition to the strategic and equity partnerships, the Company has secured long term hosting agreements with Bitmain and GMR.

"The successful private placement secures the project's development to establish a large-scale data center in North America," says Irene Gao, Antminer BD Director, NCSA Region at Bitmain. "We are confident that our partnership with Applied Blockchain will provide professional mining services to move the industry forward."

"The crackdown on mining operations in China created a unique opportunity for us to launch our own hosting operations with our current partners as well as add another blue-chip partner," said Applied Blockchain, Inc.'s CEO and Chairman, Wes Cummins. "This new venture complements our existing mining business, services a real and growing demand for hosting capacity and leverages domestic resources and talent to create an even more compelling economic profile for our shareholders."

Mr. Cummins continued, "Over the last several months we have assembled an impressive team of specialists including engineers and contractors that have experience in procurement and building out hosting facilities who are not only experts in their respective fields but understand our vision and what we are focused on accomplishing. We are entering into a long term agreement with a utility and are strategically locating our hosting operations in the Upper Midwest where there is an abundance of energy production and ample real estate available at an attractive valuation for additional expansion. We expect our first 50 megawatts of capacity to be operational before year end with plans to ultimately scale to more than 500 megawatts, making Applied one of the largest hosting providers in the world."

"This industry is young and evolving rapidly, and as such it is important that a company can position itself to react quickly to capture opportunities like this one," adds Mr. Cummins, "I'm proud of the team and the relationships we have built in such a short time to take advantage and execute on this new business."

B. Riley Securities, Inc. served as placement agent for the private placement.

Management will publish a pre-recorded message on Monday, August 2, 2021 at 9 a.m. Eastern Time to discuss the company's hosting operation, business plans and financing. To access the recording, please dial:

Within the United States: 1-844-369-8770
International: 1-862-298-0840
The message will be available for replay until Monday, August 16, 2021 and can be accessed by dialing:

Within the United States: 1-877-481-4010
International: 1-919-882-2331 Please reference replay passcode: 42381 The message will also be available online at: https://www.webcaster4.com/Webcast/Page/2686/42381

Follow us on Twitter at @APLDBlockchain.

Find the latest video update from CEO and Chairman Wes Cummins at https://ir.appliedblockchaininc.com/events-presentations/

About Applied Blockchain

Applied Blockchain, Inc. (APLD) is a publicly traded company that has partnered with Bitmain, SparkPool, and GMR (General Mining Research) to develop a business in the crypto mining industry. APLD delivers high-performance crypto mining and infrastructure solutions to customers around the globe. APLD also engages in direct mining of Bitcoin, Ethereum and other cryptoassets. The company is backed by some of the largest family offices and institutional investors in the US. www.appliedblockchaininc.com

https://www.prnewswire.com/news-releases/applied-blockchain-inc-launches-hosting-business-301345268.html


Smofly DarkRP

Don't you ever think about, what would DarkRP would look like without the point system, without the OP weapons, a mature staff team, owners with history on gmod servers?

Well, you've come to the right place. Smofly has opened up as a take on a more "classic" feel on DarkRP. To appeal to a more wider audience, there are some newer addons, such as:

- Bitcoin Miner job

- Weed Farmer job

- Cosmetics on your character, such as masks, hats, backpacks and etc., to make your character feel more authentic to your liking.

- CARS! Get your way around the city faster with cars. As you join the server, you get a 4x4 quad to drive around.

- Casino. If you've got some extra cash on yourself, go to the casino, maybe you'll make a buck on the dollar.

The server encourages creativity, roleplay. The map we use has alot of opportunities to build what you want. An example, you can become a Bartender, open up a bar in the city, start parties, sell beer, vapes to your customers. There are many more examples I can suggest, but that is up to you to decide what will you do in the city.

With the player count increasing, we may plan some sort of events, contests for you, the player base, that you will enjoy.

https://www.gametracker.com/server_info/51.77.68.66:27015/


How do phishing "sextortion" emails get my email address?

'ello, so I'm a first timer in the sense that I haven't received a scam email before. Today I received an email written in German (and sent 5 hours ahead of where I live, so the date makes it look like it came from the future). Curiosity got the better of me and I ran the email through google translate to understand what I'm looking at (idk if opening clearly shady emails is a good move, so I'd like to know if it's okay so long as no links or attachments are clicked/opened). After reading it, I know it's a scam (I don't have a webcam to begin with so it's genuinely impossible to record me "achieving orgasms", among other things) but I'm more baffled and annoyed by the fact it was attempted to begin with.

As the title suggests, I am wondering if anyone more tech savvy could enlighten me as to how it's possible and if I should change passwords for future reference. Also, how can this email be sent from the future? That's quite odd.

Any advice would be appreciated to raise my awareness of something foreign to me (I'm doing research into it now but I figured I'd ask here just in case). Obviously I haven't sent any money. When I went to "https://haveibeenpwned.com/", the site says that there hasn't been a data breach associated with my email address.

I will include the (translated) text of the email to give the whole picture of this scam:

"Payment from your account.

Greetings to you!

I have bad news for you. A few months ago I was given access to your devices that you use to surf the Internet. After that, I started tracking your internet activity.

Here is the order of the events: A while ago I bought access to email accounts from hackers (these days it's pretty easy to get hold of online). Obviously I managed to log into your email account (echotech@tpg.com.au) without any problems.

A week later, I already placed a Trojan on the operating systems of all the devices you use to access your email. Actually, it wasn't that hard at all (since you accessed the links from your inbox emails). Everything ingenious is simple =)

With this software I have access to all control elements of your end devices (e.g. your microphone, your video camera and your keyboard). I've downloaded all of your information, data, photos, web browsing history to my servers. I have access to all of your messengers, social networks, emails, chat histories and contact lists. My virus is constantly updating the signatures (it is driver-based) and therefore remains invisible to antivirus software.

In addition, you now understand why I remained undiscovered until this letter ...

In collecting information about you, I found that you are a huge fan of adult websites. They really love visiting porn websites and watching exciting videos while getting a tremendous amount of pleasure in the process. Well I managed to capture a number of your dirty scenes and assemble a couple of videos showing you masturbating and achieving orgasms.

When in doubt, I can share all of your videos with your friends, co-workers, and relatives with just a few clicks of the mouse. I have no problem at all with making them available to the public. I suspect you don't want this because given the specificity of the videos you love to watch (you know exactly what I'm talking about) it would be a real disaster for you.

Let's fix it like this: They transfer me 1650 EUR (in bitcoin equivalent according to the exchange rate at the time of the money transfer) and once the transfer is received I'll delete all this dirty stuff right away. After that we will forget each other. I also promise to disable and delete all malware on your devices. Trust me, I keep my word.

This is a fair deal and the price is pretty cheap considering I've been looking at your profile and traffic for a while. In case you don't know how to buy and transfer the bitcoins - you can use any modern search engine.

Here is my bitcoin address: 1MFXuHKSbz6wEj1UA4vdqX1TvBCEoqpApi

You have less than 48 hours from the moment you opened this email (exactly 2 days).

Things To Avoid Doing: * Don't reply to me (I created this email in your inbox and generated the return address). * Do not try to contact the police or other security services. Also, avoid telling your friends. If I find out (as you can see it's really not that difficult considering I control all of your systems) - your video will be made public instantly. * Don't try to find me - it's absolutely pointless. All cryptocurrency transactions are anonymous. * Do not try to reinstall the operating system on your devices or throw them away. It's also pointless as all the videos have already been saved on remote servers.

Things you don't need to worry about: * That I won't be able to receive your transfer. - Don't worry, as soon as you have completed the transfer I will see that immediately, because I keep track of all your activities (my Trojan has a remote control function, something like TeamViewer). * That I would be sharing your videos anyway once you completed the money transfer. - Believe me, I have no reason to continue to burden your life. If I really wanted to, I would have done it a long time ago!

Everything will be done in a fair way!

One more thing ... don't get caught up in similar situations in the future! My advice - change all of your passwords regularly!"


Podcast: “Exit Scam,” an 8-part series on the death of Gerald Cotton, the collapse of QuadrigaCX, and the disappearance of $215 Million worth of crypto

Recently listened to this entire podcast series over a few days and wanted to recommend it here. Gerald Cotton founded QuadrigaCX, which was formerly the most popular crypto exchange in Canada until his death in 2018.

However, there are a number of people who think he might be still alive.

The podcast does a deep dive on the foundation and fallout of QuadrigaCX, which, it turns out, was run entirely by one person from their personal MacBook. Some of you here may have even been affected by this story, as over $215 Million worth of crypto from customers was lost in the exchange wallets when Gerald Cotton died.

But the funds in those wallets aren’t even there if you look at the Blockchain.

Gerald, incidentally, has a long history of online Ponzi schemes, and was someone who shared workspace with Vitalik in 2014 when he was laying the foundation for Ethereum. Gerald was highly knowledgeable about the mechanics of blockchain technology, and ended up running an exchange all by himself.

If you haven’t checked out this podcast yet, and especially if you got into crypto after these events, I highly recommend giving it a listen. Episodes are only about 35 minutes each, and it’s an essential lesson in the crypto space for exchanges that’s are “too-big-to-fail,” the history of crypto trading online, and the fallout for when a large number of people lose a lot of money - sometimes their entire life savings.

Here’s some links to the show, and below I made a chart with descriptions of each episode:

Exit Scam Podcast on Spotify: https://open.spotify.com/show/1oMFCuyTREkANPIbJJLBP6?si=Jv27B5WaRSGBvewrcd8-pw&dl_branch=1

Exit Scam Podcast on ApplePodcasts: https://podcasts.apple.com/us/podcast/exit-scam/id1565845318

Episode Description
Part I: The Lost Password Canadian crypto baron Gerald Cotten dies under mysterious circumstances while on his honeymoon in India, causing a $215 million problem for customers of his Bitcoin exchange, Quadriga.
Part II: The Co-Founder The story of how Gerry turned Quadriga into Canada’s top Bitcoin exchange — with help from his shadowy co-founder.
Part III: The Ponzi Schemer When Gerry was in his teens and early twenties, one thing stood out about him: his money. He had a lot of it and nobody knew where it came from.
Part IV: The Chris Markay Account Three years before his death, Gerry embarks on a spending spree, buying a yacht, a plane, and even his own private island. But things at his Bitcoin exchange, Quadriga, begin to unravel.
Part V: The Old Friend A friend of Gerry's once defended him and said there was no way he faked his death. But now he’s changed his mind and wonders how he missed the clues, despite being a Bitcoin security expert.
Part VI: The Coffin We trace the 7,000-mile path that Gerald Cotten’s body took after his alleged death, from a Jaipur hospital to a Halifax cemetery.
Part VII: The Wife There's only one person who knows what really happened to Gerry in India--besides Gerry himself--and it's his wife, Jen.
Part VIII: The Exit In our final episode, Quadriga customers demand that the Royal Canadian Mounted Police exhume Gerald Cotten’s coffin.

Hope you enjoy, cheers!


What Does NFT Mean For Digital Artists and their Digital Art? | How Are NFTs Transforming the Digital Art World?

https://preview.redd.it/ymrzyrz20ce71.png?width=1920&format=png&auto=webp&s=a664c216d15cdeecd0f0c9c99510a7d12cae2663

Any digital artist has likely heard a lot about non-fungible tokens (NFTs) and how they’re changing the game.

Even if you want to join the NFT craze, some of the concepts that underpin NFTs and cryptocurrencies are tough to grasp.

This Blog will give you a high-level understanding of NFTs, including what they are and how to use them. What are their methods of operation? Is it a smart idea to generate NFTs from your digital artwork?

A Quick Brief on NFTs.

Non-fungible Tokens imply that it is unique and that it cannot be replaced with anything else. For example, a bitcoin is fungible. If you swap one for the other, you’ll receive the exact same thing. A non-fungible trade card, on the other hand, is a one-of-a-kind item. If you traded it for another type of card, you’d get something different.

Let’s take a quick look at what NFTs are and how they work before we get into their impact on the art industry. Non-fungible tokens (or NFTs) are based on blockchain technology and, like fungible assets like Bitcoin or other cryptocurrencies, provide a secure record of transactions.

Fungible assets, on the other hand, can be substituted by an identical item of the same value, such as a dollar note. You can divide them (2 BTC) or multiply them (2 BTC) (0.5 BTC). Non-fungible tokens, on the other hand, are one-of-a-kind. They’re linked to certain things and items, and they’re neither interchangeable nor repeatable. This makes them rare, immutable, and inimitable.

Function of NFTs

The majority of NFTs are deeply embedded in the Ethereum blockchain. Ethereum, like bitcoin and Dogecoin, is a cryptocurrency. However, the NFTs, which contain additional information that lets them function differently than, say, an ETH currency, are allowed on its Blockchain. It should be noted that other blockchains may use their own versions of NFTs.

What is the role of NFTs for Designers?

Digital art ownership

We have never had the opportunity to own anything wholly electronically before the introduction of cryptocurrencies. We passed movies and motion graphics around, reusing and reposting them, but there was no way to get complete physical ownership of an artwork or a digital file right away. The rise of NFTs has changed this, providing artists with the ability to rent, sell, and exhibit digital artworks.

To commercialise their work, designers must get ‘legal’ ownership of it. As a result, NFT art is coined or tokenized on the cryptocurrency service Blockchain after it is created.

Finally, this approach should allow digital artists to receive official recognition for their work, comparable to how Gustav Klimt’s classic artwork The Kiss is honoured. The issue with this new concept is that, while Blockchain has contracts to support the legality of minting and copyrighting crypto art, none of them has ever been challenged or tested in court.

A new method of generating money

NFT art is a brand-new classification system for digital artworks that allows creators to make money off of their work. It’s meant to be a more efficient and accessible way for designers to produce work that benefits from their creativity. There’s no chasing down money from customers, no preparing files for print, no waiting for feedback, and no changing your work to match the needs of a client.

International reach

Previously, the exclusive, well-known world of art acquisition and sale took place mostly in real-world settings with real-world artworks. Until recent global events drove many of these venues to close, designers and artists made money through in-person events like exhibits and marketplaces. Art collections have been able to migrate online as a result of the expansion of NFT trading, allowing many artists on a global scale who may not have previously had the ability to sell their work to purchasers to do so.

For More details: https://brugu.io/blog/what-does-nft-mean-for-digital-artists-and-their-digital-art-how-are-nfts-transforming-the-digital-art-world/


Cardano Rumor Rundown July 30, 2021

Hey Everyone!

Let's go...

Newly covered today:

  1. Emurgo has released an article about what we can expect from the Yoroi dApp Connector. https://emurgo.io/blog/emurgo-is-thrilled-to-announce-the-yoroi-dapp-connector
  2. Reports are coming in that the new bipartisan Infrastructure Bill contains new provisions that might require a whole host of actors within crypto ecosystems like Cardano to report transactions over $10k. https://www.coindesk.com/new-infrastructure-bill-looks-to-raise-30b-through-crypto-tax https://www.marketwatch.com/story/crypto-allies-rally-against-ignorant-new-tax-rules-in-bipartisan-infrastructure-deal-11627578844 https://twitter.com/jerrybrito/status/1420724068286926853
  3. But this bill is an even bigger deal. If passed as-is, we can probably say RIP to the Wild West Era of crypto (2009-2021). https://beyer.house.gov/news/documentsingle.aspx?DocumentID=5307
  4. The July Cardano 360 can now be viewed on Youtube. https://youtu.be/AG5DspF9tuA

Previously Covered but still interesting:

  1. Prof. Aggelos Kiayias releases an article on a tri-coin system called Stablefees that could fix the problem of appreciating transaction fees in crypto. https://iohk.io/en/blog/posts/2021/06/10/stablefees-and-the-decentralized-reserve-system/
  2. Minswap gives us the dev perspective on why Cardano’s Plutus is such an improvement over Ethereum’s Solidity. https://twitter.com/MinswapDEX/status/1403411522110427137
  3. Here’s a great ETH vs. Cardano DeFi project comparison infographic. https://twitter.com/Coin98Analytics/status/1403397242707320835
  4. Zach Guzman and Mike Novogratz get an opportunity to prove once again how extremely threatened they are by the fact that they can’t frontrun Cardano at this point. https://twitter.com/IOHK_Charles/status/1404100510525841408
  5. John O’Connor appeared on the Disrupt Network Podcast. bit.ly/3znqyB7
  6. President of Tanzania calls on the central bank to prepare for the adoption of cryptocurrencies and blockchain technology. I wonder what crypto ecosystem already has experience working with an African government on a big crypto project and has partnered with a mobile company that is already bringing connectivity to rural Tanzania? https://twitter.com/DocumentingBTC/status/1404126444863766533
  7. With exploits like this one being all too common in the legacy smart contract networks, we’re not even going to have sell the Cardano use case for DeFi. The competitor networks have already made the case that something better must be on the way. https://twitter.com/zapper_fi/status/1404429179794362369
  8. World Mobile CEO tweets out a tantalizing response to the Tanzanian President’s call for her nation’s central bank to prepare for crypto. https://twitter.com/MrTelecoms/status/1404375153191141377
  9. If you are new to Cardano and you would like to get a handle on the terminology involved in the ecosystem, you may want to check out these Cardano flashcards produced by Coconut Pool. https://twitter.com/coconut_pool/status/1403442954434269185
  10. While renewable energy is certainly a wonderful thing, there may be a problem with your technology when your path to compete on clean energy consumption involves you talking about harnessing the power of a whole series of volcanoes. Maybe just use fewer volcano’s and more proof-of-stake? https://twitter.com/_eLaPs_/status/1404125569093029889 https://twitter.com/gladstein/status/1402718041557725184
  11. The Charles/Lex Fridman podcast has dropped. This is a big deal. This is a fairly mainstream podcast with over 1 million subscribers. https://youtu.be/FKh8hjJNhWc
  12. The bank of England is getting very serious about how it “may wish to limit migration” of money from the legacy system to stablecoins. Wow. Just another example of why it’s such an asset (no pun intended) that Cardano is prepared for regulation. https://twitter.com/CaitlinLong_/status/1405712468823842816
  13. Check out the newly “pimped up” Cardano documentation. https://twitter.com/theSavaSavic/status/1405526615585480730 https://docs.cardano.org/
  14. Runtime Verification (architects of K Framework which powers Cardano’s IELE & KEVM) raised $5.3MM in a round that included Cardano’s C Fund. https://runtimeverification.com/blog/runtime-verification-raises-5-3-million-to-advance-blockchain-security https://twitter.com/RosuGrigore/status/1405917218035097600
  15. It’s a good sign that the top two crypto communities are spending so much time talking negatively about Cardano. You only focus your hatred on that which is most threatening. I’m glad to see we’re the biggest threat on their radar. https://twitter.com/nic__carter/status/1405194146063736840
  16. We are crushing all the competitors in terms of assets staked! https://twitter.com/CryptoDiffer/status/1405854686209622018
  17. All 345,501 of the people who have watched the Lex Fridman/Charles episode as of writing are realizing that Cardano could be the first project to put voting on the blockchain in a U.S. state. https://www.atalaprism.io/app
  18. It looks like the second biggest ETH stakepool or it's custody provider has lost it’s users private keys to $75MM in ETH. Cardano doesn’t have this problem. We get to keep custody of our crypto because we found a better way than slashing. https://stakehound.com/blog-post/fireblocks-eth-2-key-management-incident/ https://twitter.com/JamesSpediacci/status/1407465311180255236
  19. Draft table of contents for Mastering Cardano has been revealed. https://twitter.com/IOHK_Charles/status/1407165366355124225
  20. COTI (a project with very close ties to Cardano) is coming to Ledger. https://medium.com/cotinetwork/coti-native-is-coming-to-ledger-c56b04df1253
  21. The June Cardano 360 is currently available on Youtube. https://youtu.be/al5m14299ww
  22. We saw segments on various newer partner entities like Nervos, Orion Protocol, and Revuto. Nervos is a UTXO proof-of-work blockchain which is building a cross-chain bridge with Cardano so that you can use your ADA on Nervos dApps and vice versa. Interoperability is a big theme for Nervos and they plan to have a working testnet within a month. Orion Protocol is building a terminal that will allow for decentralized non-custodial trading across centralized and decentralized exchanges. They say this would not require you to KYC or even have an account with any of these exchanges. Revuto is an online subscription management service that recently completed a $10MM token sale on Cardano.
  23. It was also revealed that Wolfram Labs, COTI, and IOHK have a three-way partnership (a ménage à tech) to build an NFT auction site. The people from Wolfram were talking about very interesting things including live minting during streaming events and automated upload to IPFS. COTI will be building out auction and bidding mechanisms in ADAPay.
  24. Professor Aggelos Kiayias gave us an update on research including that Ouroboros Chronos and Hydra papers have both been accepted into conferences/journals. Chronos will provide Cardano with a global concept of time that doesn’t rely on any outside timekeeper. Prof. Kiayias also pointed out that Hydra is distinguishable from other layer two protocols in that the scripting language is identical to that of the base layer in Cardano such that any dApp that can run on Cardano will run on the Hydra L2. This is a huge plus and superior to many other layer two solutions in other ecosystems where the base layer dApps will not run on layer two. Finally, the Mithril paper has been submitted for peer review. It will provide Cardano light wallets with Succinct Non-interactive Arguments of Knowledge that will give us the best of both worlds: no delays for syncing as in full node wallets while still preserving trustlessness.
  25. Finally, the Goguen Summit will be in late September. Sign up now at summit.cardano.org.
  26. The Fed is once again STRONGLY signalling to us that they are going to regulate stablecoins. The Fed is also specifically calling out Tether for the first time. You need to be thinking about how stablecoin regulation might affect your favorite Cardano DeFi or other project. https://twitter.com/CaitlinLong_/status/1408500265397985282 https://twitter.com/CaitlinLong_/status/1408572624125534212
  27. People are starting to realize that the Stakehound private key loss in ETH may attract unwanted regulatory attention to Ethereum 2.0 while this problem could never have occurred in Cardano. Also, only a few days later another ETH stakepool (this time SharedStake...the sixth biggest ETH Stakepool) allegedly experiences a rugpull that some are valuing at over $30MM. This is another problem that could not happen in Cardano staking. It feels like we stepped into the ring, they rang the bell, and ETH just started punching itself in the head. Eventually it’s going to KO itself. https://twitter.com/Madror7/status/1408505144984051716 https://twitter.com/JamesSpediacci/status/1407761823143645189 https://twitter.com/MeiTrades/status/1408117430656905219 https://sharedstake.medium.com/the-sharedstake-story-by-kairos-44d37aa7837a
  28. Here’s another great Cardano data site. This one is from the Cardano Fans stakepool. https://datastudio.google.com/u/0/reporting/3136c55b-635e-4f46-8e4b-b8ab54f2d460/page/r2LQC
  29. John O’Connor of IOHK points out that France still controls the monetary policy of 14 countries in Africa. There is definitely a built in market on the continent for a project that delivers monetary sovereignty to the people. https://twitter.com/jjtoconnor/status/1408978882129272832
  30. Here’s a great new interview with the CEO of World Mobile from Cardano Chats. https://youtu.be/w0Z2RP6a9HE
  31. New article from the Cardano Foundation on Governance. https://forum.cardano.org/t/blockchain-governance-what-it-is-and-why-it-matters/65493
  32. Sebastien explains some Alonzo HFC event changes. https://twitter.com/SebastienGllmt/status/1409485560012414978
  33. IOG Research update from Prof. Aggelos Kiayias. Really interesting bit right at the beginning on the history of cryptography as a field of study. https://www.youtube.com/watch?v=7UAL_6f7PFw
  34. Sebastien of dcSpark submits a Cardano Improvement Proposal to allow wallets to implement collateral. https://twitter.com/SebastienGllmt/status/1409910858117877763
  35. New Plutus Pioneers Class starting July 1!
  36. Charles says it looks like we will hit Alonzo white on Monday. https://twitter.com/IOHK_Charles/status/1410279529021648896
  37. Coti update from Shahaf Bar-Geffen. https://twitter.com/COTInetwork/status/1410644013863124992
  38. The Mithril paper (allows for trustless light wallets) is now available for your reading pleasure. https://iohk.io/en/research/library/papers/mithrilstake-based-threshold-multisignatures/
  39. The Ouroboros Chronos paper (allows for the blockchain to be its own timekeeper) is also now available. https://iohk.io/en/research/library/papers/ouroboros-chronospermissionless-clock-synchronization-via-proof-of-stake/
  40. Cardano is now a small part of Grayscale’s Digital Large Cap Fund. They actually sold off current holdings in other coins to buy ADA. This is big for institutional adoption! https://twitter.com/Grayscale/status/1410945118228692994
  41. Catalyst Fund 4 results are here. https://adapulse.io/fund-4-results-are-here/
  42. Robert Kornacki of dcSpark releases an article on why every Cardano dApp will use NFTs. The article contains some very interesting discussion on smart contracts in the EUTXO context including language instructing that “UTXOs have smart contracts attached to them and not the other way around” and “[...]the simplest way to think about it is that when a UTXO is created it has the option to have a smart contract attached to it.” https://medium.com/dcspark/every-eutxo-dapp-will-use-nfts-and-heres-why-fd87e6a8c9a6
  43. A very interesting medium article on the concurrency problem in eUTxO blockchains such as Cardano. (Article by Occam Fi....thanks to Muggy Pool for sending it my way). https://medium.com/occam-finance/the-occam-fi-technical-series-on-concurrency-cd5bee0b850c
  44. The concurrency issue in plutus smart contracts has also been recently commented on by Lars and Sebastien. https://twitter.com/LarsBrunjes/status/1390331642103877633 https://twitter.com/LarsBrunjes/status/1403761666383306757 https://twitter.com/SebastienGllmt/status/1410983827481108480
  45. The Cardano Foundation has released a video on its short and long-term strategies to get to one billion users by 2026. https://twitter.com/CardanoStiftung/status/1412137365318127626
  46. Ben O’Hanlon sets the record straight on developer interest in Cardano. https://twitter.com/benohanlon/status/1412136150404370432
  47. As always, Cardano is straight killing the competition in terms of assets staked. https://twitter.com/StakingRewards/status/1412389781003194395
  48. Between Cohort 1 and Cohort 2 of the Plutus Pioneers program there have been 4,300 potential future Cardano developers involved. https://twitter.com/InputOutputHK/status/1412465643245424649
  49. Here’s an interesting chart purporting to show the dates on which various Cardano DeFi projects might have finished products. https://twitter.com/Cryptokev84/status/1412343821757730820/photo/2
  50. IOG says they have started onboarding new SPOs and developers to Alonzo White this week. https://twitter.com/InputOutputHK/status/1412847798274478084
  51. Charles also confirms that Alonzo White may start Friday but probably Monday due to a natural (and warranted) desire to avoid executing a rollout at the start of a weekend. https://youtu.be/yd1eg4QopV8
  52. Daedalus 4.2.0 now adds Ledger & Trezor Catalyst Registration. https://twitter.com/InputOutputHK/status/1413176419186774018
  53. Yoroi 4.5.7 extension release now adds Ledger Catalyst Registration. https://twitter.com/YoroiWallet/status/1413128256836997120
  54. Here’s the voter registration schedule for Catalyst Fund 5! Get yourself registered now even if you’re in cold storage on a hardware wallet! https://iohk.zendesk.com/hc/en-us/articles/900006490763-Project-Catalyst-FAQ
  55. Cardano Gainz Calculator now has a graph showing 10 year growth. https://twitter.com/lesquive1/status/1413249312465866757
  56. Emurgo has released a guide on how to register for Catalyst voting with your Ledger Hardware Wallet. https://github.com/Emurgo/yoroi-mobile/blob/develop/catalyst5-instruction.md
  57. Great new interview with World Mobile’s Mickey Watkins, Charles, and John O’Connor. https://youtu.be/WSSpI8Rtif0
  58. This infographic shows just how big the Cardano DeFi space is getting. https://twitter.com/BPE_Crypto/status/1413973912396963840
  59. This infographic shows just how much DeFi volume is out there for Cardano to steal. https://twitter.com/Coin98Analytics/status/1413514041029394439/photo/1
  60. There is a new stakepool explorer available. https://www.cardanoworld.io/
  61. Very interesting timing with a) Grayscale Buying $50MM ETCG, b) Grayscale adding ADA, and c) Charles joining the ETC Cooperative board given that two of the members of the ETC Cooperative board seem to come from Grayscale and DCG. Maybe the world is starting to understand just what Charles and IOHK have been able to accomplish over the last few years. https://twitter.com/ETCCooperative/status/1410439775950082051 https://twitter.com/ETCCooperative/status/1413328106568421377 https://twitter.com/Grayscale/status/1410945118228692994
  62. There is a new Cardano wallet being introduced by u/berry_ales from the Berry Pool. I have no idea if it will be good or bad at protecting your ADA. Just reporting that it exists. https://twitter.com/berry_ales/status/1414548062207361025
  63. There is currently a lawsuit challenging the notion that staking rewards should be taxed as income. The plaintiff argues that newly created property isn’t taxed as income and that this should also apply to staking rewards. A win here would be very nice for Cardano delegators. https://cointelegraph.com/news/crypto-staking-rewards-and-their-unfair-taxation-in-the-us
  64. The Cardano Foundation’s Cardano Developer Portal is now up and running. https://twitter.com/CardanoStiftung/status/1414640913612255234
  65. Prime Minister Abiy Ahmed’s party has won re-election in a landslide election. https://www.bbc.com/news/world-africa-57791868
  66. Avanti Bank of Wyoming files comments with the Federal Reserve on their new guidelines that could massively impact how the traditional banking system interacts with cryptocurrencies like Cardano. Given what role ADA is likely to play in the future of crypto financial transactions, this is extremely relevant for ADA holders. https://avantibank.com/press/avanti-submits-comments-to-federal-reserve https://twitter.com/CaitlinLong_/status/1414783323193364482
  67. Cardano is still destroying everyone in terms of value staked! https://twitter.com/StakingRewards/status/1414895205384327168
  68. The Cardano ecosystem maps keep getting bigger and more complicated. https://poolg.de/Eco/CardanoEcosystemMap.html
  69. In news that could have significant repercussions for many stablecoin reliant Cardano DeFi projects, Fed Chair Jerome Powell gave some hard signals that they will regulate stablecoins in House Committee testimony. He revealed that the Fed will issue its long-awated paper on stablecoins, CBDCs, and other digital assets in September. Powell also went as far as to say "You wouldn't need stable coins you wouldn't need cryptocurrencies if you had a digital US currency, I think that's one of the stronger arguments in its favor." https://twitter.com/Nate_DiCamillo/status/1415349008034418691
  70. We experienced a successful fork to the Alonzo White testnet! https://twitter.com/InputOutputHK/status/1415399456841863177
  71. Very serious accusations are laid out against the Meld project. https://twitter.com/Bobme808/status/1415283648438358016
  72. The European Central Bank drops news of “a project to prepare for possibly issuing a digital euro.” A digital Euro is coming and regulation of private fiat-pegged stablecoins is coming with it. https://twitter.com/ecb/status/1415273625385644036
  73. IOHK releases a paper on a crypto-backed algorithmic stablecoin. https://twitter.com/IOHK_Charles/status/1415531260470972423
  74. A crypto media personality recently uncovered links between the Priviledge EU Project, Horizon Europe Grant Agreement 780477, and Cardano. https://twitter.com/BreakingADA/status/1415653936703295488
  75. Always the GitHub activity champs! https://twitter.com/ProofofGitHub/status/1416065097794002946
  76. We are now seeing the advent of a so-called “Fair Initial Stakepool Offering”. https://twitter.com/MinswapDEX/status/1416110973690122240
  77. The weekly development update is out. https://roadmap.cardano.org/en/status-updates/update/2021-07-16/
  78. Janet Yellen, Secretary of the Treasury, is calling a meeting of the President’s Working Group on Financial Markets to discuss stablecoins on Monday. Prepare for regulation. https://home.treasury.gov/news/press-releases/jy0276
  79. Coindesk really hates us. Now they are writing articles about Cardano and using words like “crypto-colonialism”. https://www.coindesk.com/the-headache-of-crypto-colonialism
  80. Liqwid says it is on target to be live on day 1 after the Alonzo hardfork combinator event. https://twitter.com/liqwidfinance/status/1416363542975074305
  81. According to maximalists you’re apparently not allowed to be busy with your company authoring papers if you’re in Cardano. https://twitter.com/woonomic/status/1415761569082789890
  82. There is actually a chart showing where all the Meld ISPO delegators came from now. https://twitter.com/stakenoble/status/1416189846054387712
  83. The IOHK mid-month development update for July is out and available for viewing. https://youtu.be/U9K-8jILGcg
  84. Apparently “unsigned Phalices” are a thing in the Cardano ecosystem now. https://twitter.com/unsigned_algo/status/1416909454100992000
  85. The El Faro article reporting meetings between Cardano, Whizgrid of Cyprus, and the brothers of President Bukele of El Salvador definitely contain some extremely interesting details related to a possible Salvadorean national stablecoin by the end of the year and a possible digitization and blockchain storage of a wide range of government related documents next year. This could be huge!!!!!! https://elfaro.net/en/202107/el_salvador/25611/Bukele-Plans-to-Launch-a-National-Cryptocurrency-This-Year.htm
  86. Treasury Secretary Janet Yellen told regulators in the Presidents Working Group on Financial Markets that they must move quickly to regulate stablecoins. So, a Salvadorean market for stablecoins might be good for Cardano. https://www.reuters.com/technology/yellen-says-us-must-move-quickly-establish-stablecoin-rule-framework-2021-07-19/
  87. Sebastien of dcSpark was recently on Cardano Live to discuss Alonzo. https://youtu.be/lejoT_odbOY
  88. Notable news for upcoming Cardano DeFi projects. There may be slightly less competition in the “get a return on your crypto assets” game very soon. The New Jersey AG’s office has delivered a cease and desist letter to BlockFi. The AG’s press release cited BlockFi’s interest bearing deposit accounts as unregistered securities and also mentioned the lack of FDIC or SPIC insurance for it’s depositors. This leaves some lingering questions for Cardano DeFi projects that might be planning to accept deposits or other transfers of value and offering a return of sorts. You could argue that these projects are decentralized where BlockFi was not. But, the AG’s press release seems to cite decentralization as one of the risks of DeFi projects. Also, as a practical matter, there is a question whether decentralization will be a good shield from regulators since many of these projects have companies and real humans with faces and names behind them unlike a truly anonymous founder such as Satoshi Nakamoto. https://www.njoag.gov/new-jersey-bureau-of-securities-orders-cryptocurrency-company-blockfi-to-stop-offering-interest-bearing-accounts/ https://twitter.com/BlockFiZac/status/1417316834244796416
  89. EU is planning to introduce regulations on anonymous crypto wallets. This is a big deal. But, Cardano is probably more prepared than any with its identity solutions that could be used for KYC/AML. https://twitter.com/Wiiinnie/status/1417575921565978628
  90. Cardano didn’t come up in the Cathie Wood, Jack Dorsey, and Elon Musk panel discussion at “The B Word” event. But, given how Elon repeatedly shot down maximalist explanations for the shortcomings of proof-of-work chains in energy consumption and throughput, the whole thing ended up sounding like a long-form pitch for proof-of-stake and Cardano. Seriously, you should check it out. https://www.thebword.org/c/track-2-Bitcoin-As-A-Tool-For-Economic-Empowerment
  91. Emurgo is hiring for community management/product support! https://twitter.com/emurgo_io/status/1417870195952168964
  92. Gary Gensler, SEC Chair, indicates that crypto assets providing synthetic exposure to securities will be regulated as securities. This should be scary news for any Cardano projects that are aimed at exactly that! https://www.sec.gov/news/speech/gensler-remarks-aba-derivatives-futures-law-committee-virtual-mid-year-program-072121
  93. The mainstream press is suddenly realizing the behavioral economics tools that a central bank with CBDCs could wield. There is definitely a universe where this becomes a very dystopian and jarring introduction to virtual currencies for the mainstream. https://twitter.com/NeerajKA/status/1418168477429424135
  94. Wolfram CEO, John Woodard, drops a guest article with IOHK on NFT liveminting. The article seems to have a good amount of focus on the community building potential of NFTs. I think that could be a big growth area for the future. https://iohk.io/en/blog/posts/2021/07/22/wolfram-and-cardano-build-communities-with-nfts-and-liveminting/
  95. IOHK has released its Conclave paper on collective stakepools. https://eprint.iacr.org/2021/742.pdf
  96. It looks like Cardano will be included by Celsius soon. With these types of services, never forget the old adage “not your keys, not your crypto”. https://twitter.com/CardanoDean/status/1418632715012878343
  97. Here’s the IOHK Development Update for July 23! https://twitter.com/InputOutputHK/status/1418635822987943939
  98. Cardano received some coverage in the Motley Fool as an eco-friendly crypto! https://www.fool.com/the-ascent/cryptocurrency/articles/4-eco-friendly-cryptos-you-should-know-about/
  99. The Cardano Foundation is looking for a Content Writer! https://jobs.lever.co/cardanofoundation/da4104e2-178e-43b5-9016-48b612fdcd52
  100. Big lesson for future Cardano DeFi projects: Uniswap Labs just had to censor the Uniswap UI to ban synthetics of underlying securities. Bucket shops have been around for 150 years and illegal for 100 years. It turns out that you can’t do it in crypto either. https://twitter.com/Uniswap/status/1418697012095164420 https://twitter.com/haydenzadams/status/1418961999539712006
  101. Gerowallet has withdrawn their Project Catalyst proposal. https://twitter.com/GeroWallet/status/1419041835331117056
  102. Check out this new video of the World Mobile Team on the ground in Zanzibar. Doesn’t this feel like a better mission for our ecosystem than DeFi? https://twitter.com/WorldMobileTeam/status/1419051567878221828
  103. Reports are coming in that Amazon plans to integrate Bitcoin, Cardano, ETH, & BCH in the very near future. This has apparently been a work in progress for several years. https://www.cityam.com/amazon-definitely-lining-up-bitcoin-payments-and-token-confirms-insider/
  104. Adam Dean brings us open source code to accept ADA in your Woo Commerce store. https://twitter.com/adamKDean/status/1419495005983371264
  105. Weiss Crypto has very good things to say about Cardano. https://twitter.com/WeissCrypto/status/1419685634566938634
  106. Check out this new bot that tweets every time it discovers a Cardano Giveaway Scam! The tweets show ISP and geolocation info for the scammers. Follow this bot and report the scammers! Brought to us by @nicknikiforakis. Thanks for building this, Nick! https://twitter.com/CardanoPhishing
  107. The regulatory purge of stablecoins is getting into full swing now with Bloomberg running a piece on a DOJ criminal probe of the Tether founders. Of particular note for the Cardano ecosystem is that the first attack surface for regulators is the relationship of the stablecoin with legacy banking institutions. This is something that Cardano ecosystem stablecoin, Djed, may already fix with its own crypto backed reserve system. https://www.bloomberg.com/news/articles/2021-07-26/tether-executives-said-to-face-criminal-probe-into-bank-fraud?srnd=economics-vp
  108. Nami Wallet now allows you to mint NFTs for no extra fees (only Cardano network fees) inside the wallet. https://twitter.com/NamiWallet/status/1420031000017608717
  109. More pressure for Crypto regulation is coming to bear today in the U.S. This time it comes in the form of a letter from Senator Elizabethe Warren to Treasury Secretary Janet Yellen (in her position as Chair of the Financial Stability Oversight Council which brings together 10 different financial regulators including the SEC, CFTC, and the Federal Reserve). The letter was sent after a Senate Banking Committee hearing titled “Cryptocurrencies: What are they good for?” https://www.cnbc.com/2021/07/27/elizabeth-warren-presses-yellen-financial-regulator-to-manage-crypto.html
  110. Stephen Wolfram does the first NFT liveminting event where he creates NFTs of cellular automata from the computational universe while live on stream. The first two created were “Crashing Waves” and “Down Arrows”. https://twitter.com/IOHK_Charles/status/1420087229104283656
  111. A new Cardano NFT Marketplace is now live and receiving a lot of attention. https://twitter.com/CNFT_IO/status/1419655915226152961
  112. Lecture Five of Plutus Pioneers Iteration #2 is now up. https://twitter.com/LarsBrunjes/status/1420301011172925446
  113. Project Catalyst now has 30k members! https://twitter.com/InputOutputHK/status/1420474342253678599

~Army of Spies


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World's Spotlight - A Brighter Future For All -- Looking For Advanced Solidity Dev.

Forged from humble beginnings, together we have formed one of the largest and

strongest communities of Gamers, Artists, Musicians, Podcasters, YouTubers,

TikTokers, Influencers, Content Creators, and Crypto Enthusiasts on Earth.

Our wonderful community continues to grow together and support each other, helping

charitable organizations, the environment and promoting positivity throughout the world!

Now, the time has come to create the future together, and shape our own destinies in which the community controls its own future.

Today, we create all our tomorrows.

Helping People

Whether you’re on the #RoadToAffiliate, pumping out content,

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Launching a Game, App, Podcast, or grinding for subscribers,

It’s challenging to get the attention you need.

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Awards and Prizes

The World’s Spotlight Award is a limited edition digital collectible in the form of an NFT,

given out to recognize and reward positivity and excellence.

Recipients of the World’s Spotlight Award also receive a STAR Prize Packet full of

STAR tokens!

There will also be Contests and Giveaways of other cryptos like

Bitcoin, Ethereum, Dogecoin, and others, to lucky winners selected by the community!

Read The Brightpaper!

https://worldsspotlight.com

-------------------------------------------------------------------------------------------------

We're trying to help people, if you read our Whitepaper you will see that. We want everything to be on the up-and-up, and actually help people with it's services, features, and functions.

We have a large, active community on social, mainly Twitter, #WorldsSpotlight, and a good reputation (we've been around since 2016).

We need someone with a little more experience in Solidity (our experience was in 2017/2018 - ERC-20 token, customized-crowdsale - never did anything with those, a simple DApp game, implementing buy/pay with an ERC-20 token on a website with an Ethereum plugin for Construct 2, and finally - and this was a good one - a BlockchainLotto smart contract, and implementation for website. Even had it splitting and forwarding a % fee to two addresses, which was easy but felt like a huge accomplishment at the time with no info out there then. Our other experience is everything it takes to run a modern organization; business management, graphic design, web/mobile/apps, videos, basic coding, HTML, CSS, PHP, JavaScript, WordPress, basic Solidity, grass-roots community building, social media marketing, and automation/basic AI. As some proof for our doubters before :P here is a snippet of code from a custom smart contract back in 2018:

//Blockchain Lotto.

contract BlockchainLotto is owned {

using SafeMath for uint;

//Defines the variables used in the contract.

uint public amountRaised; //Total amount of ether raised.

uint public currentJackpot; //The current jackpot amount.

uint public lastJackpot; //The last jackpot amount won.

uint public nextJackpot; //The next jackpot amount.

address public lastWinner; //The last jackpot winner.

address public Winner; //The winner of the jackpot.

address private walletDevOne = 0x1250feD94aA62F1aD051cbda17E7330eB52f3Ca6; //Address where commissions are collected.

address private walletDevTwo = 0x.........................................

..................................................................................

event FundTransfer(address user, uint amount);

event WinnerTransfer(address indexed Winner, uint ind.......................

............................................................................

//Shows the current jackpot amount.

function getCurrentJackpot() public constant returns (uint) {

return currentJackpot;

...............................................................

//Sets the amount contributed to jackpot. Called if they did not win.

function setContribution(uint _contribution) payable external {

uint amount = msg.value;

uint contribution = msg.value;

uint percentage = currentJackpot.div(4);

contribution = _contribution;

lastContributionAmount[msg.sender] = contribution;

amountRaised = amountRaised.add(amount);

currentJackpot = currentJackpot.add(amount);

nextJackpot = nextJackpot.add(percentage);

emit FundTransfer(msg.sender, amount);

_forwardFunds();

...............obviously, there's more that is left out, on purpose here.

Thanks for looking.


Join the First-Ever NFT Trading Race

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Campaign Period: 30 July 2021, 07:00 UTC - 13 August 2021, 07:00 UTC

Participants with the highest NFT Trading Score* by the end of the Campaign Period will receive the rewards below.

*NFT Trading Score = Transaction Volume From Buys (Drop & Marketplace) + Transaction Volume From Sells (Marketplace)\Transaction Volume in USD*

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Users need to connect their Crypto.com NFT and Crypto.com App accounts before 13 August 2021, 07:00 PM UTC to be eligible for this campaign.

Helpful Links

Notes

  • Rewards for the NFT Trading Competition will be issued in CRO within 14 days after the campaign ends. You can log in and see your prize in your App's CRO wallet section.
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Source: https://blog.crypto.com/nft-trading-race/.


In the interests of informed investment I think it's very important to challenge the assumption that ongoing inflation of the USD is a certainty in the mid term, it's very possible that despite increases in the cash supply we could see recession/depression, which are deflationary events

Arguably the most common narrative on the sub revolves around inflation, and while it's correct to say that long term inflation is a certainty, in the medium term we could actually be looking at a series of marginally, or deeply deflationary events - despite the increase in the money supply. This would lead to an increase in the value of the US dollar against BTC in the medium term.

If we look to Japan as an example, money printing isn't always inflationary. Because the financial system is botched, banks determine when and if they lend, and what interest rates they pass on. Since lending in our system is the primary driver of growth (and thus inflation), when the banks are conservative regarding lending, this results in less economic stimulation. This can occur regardless of the money pumped in to the system, since it sits in reserves. During financial uncertainty people are also less inclined to borrow generally speaking, the more scared they are, the more they horde fiat, which becomes a feedback loop.

Secondary waves of COVID due to the delta strain, combined with the potential need for austerity measures in many parts of the world, could certainly lead to a massive reduction in production.

This has lead to a great deal of economic uncertainty, particularly in the major financial systems, and some of this is what has lead to the crab movement we've witnessed over the past quarter. Many people believe that when the stimulus halts the house of cards may fall down, and the largest players in the system are actually hedging with increased bonds purchases (a sign of fears of deflation from smart money). The markets usually shift before the economy, and the trend line in bond purchases is growing noticably.

So please, when choosing to invest, don't do so under the guaranteed assumption that inflation is a constant process - there can be breaks, both major and minor, and if there is a global economic crash we are likely to witness heavy deflation, which would in turn depress the price of bitcoin relative to the dollar (since the largest currency of exchange and trade are USD tethers, and since people tend to horde fiat during recessions/depressions).