IKONIC: Video clips of the most insane and spectacular gaming feats will be easily mintable into NFTs with just a couple of clicks.

IKONIC will allow fans to own and share the finest moments in esports history and will give fast-growing multimillion-dollar esports events and businesses a new way to connect with their audience.

Video clips of the most insane and spectacular gaming feats will be easily mintable into NFTs with just a couple of clicks. And with a click or two more, they will be listed and ready to trade on IKONIC’s marketplace.

Creators can design these NFTs to pay lifetime royalties or even generate entirely new streams of revenue through the sale of sublicensing rights.

And all this is but the very beginning!

#IKONIC #CRYPTO #BSC #BINANCE #BITCOIN
https://www.ikonic.gg/

IKONIC

The best platform and concept. Great future and Good team i think this projects Will be success . IKONIC will allow fans to own and share the finest moments in esports history and will give fast-growing multimillion-dollar esports events and businesses a new way to connect with their audience. #IKONIC #CRYPTO #BSC #BINANCE #BITCOIN

Not sure if narcissist or just narcissistic

I got divorced I’m December and I am so happy for that. When I met my ex I thought he was the sweetest most gentle person. That changed quickly. He developed a gambling problem. He would be out for 12 hours at a time on a Saturday and Sunday. He he denied it was a problem and we would have circle arguments about it because he thought he had figured out a game there and how to beat it. I can’t even recall how the arguments went because I would feel crazy after that. I left him twice for gambling/ lying related events and the last time I went back to him he promised me he would never let me down. We got married in less than a year and got pregnant on the honeymoon. There were different conflicts that came up and When something hurt me, I always brought it up calmly. It was the same cycle of him getting defensive, not doing anything to resolve the issue, only seeing things as his way, and getting mad at me for “getting upset”. He would say things like, “see, this is your anxiety”. Or “you think everyone is against you”. Also would always say something like, “well, It’s no different than you doing xyz”. He would say “all you do is complain” or say “gosh can’t you take a joke? I know it was gaslighting and it was so awful. I asked him to therapy and brought up everything that hurt me. Nothing changed. Our relationship was horrible cause I did not feel supported by him at all. I was scared to bring things up. He would blame me for ruining a good day if I brought something up that hurt or bothered me. The last straw was when I found out he had been investing our money bit by bit secretly into bitcoin and it added up to like $10,000. When I confronted him he said he was trying to surprise me so I could quit my job and stay home. He also told me I’d be making the biggest mistake of my life making him pull out the money. When I told him I wanted a divorce He said that I was not being fair and the next logical thing to do would be to go to therapy. He didn’t understand all of the things adding up and then I just didn’t wanna do it anymore. He blamed me for the divorce completely and told people I just up and decided this without giving him a chance. One reason I doubt Him being a narcissist is that When there wasn’t conflict he was a generally mellow calm person. He made good impressions. Also, five months after our divorce he said that he met someone. He said things were going well for two weeks and he wanted her to meet our son. I said that’s way too soon and he should be waiting a few months at least and to take things slow and be cautious the second time around especially with a child. He got so mad. He told me he knew her better than me. He told me he had such a deeper connection and she was so easy to talk to you compared to me. He said that we would just be around each other not talking at all. He said he had no doubt he will marry her. It just makes me feel really bad. Like he will change for her and I was the problem.

Can blockchain solve its oracle problem?

Hello, guys! Since we're on a bearmarket and we have lots of time to learn more about crypto and future great projects, allow me to raise a debate about the future of blockchain.

1) Let's start by discussing about how smartcontracts can be used in the real world.

In order for blockchain to be used at their full potential, you need it to connect it with the real world data. Blockchain oracles are the means by which real-life data — like football scores, rainfall measurements or election results — are transmitted to a blockchain. Imagine that X and Y wish to place a wager on the outcome of a horse race. How would the smart contract know who to give the winnings to? An oracle can retrieve the information from the real world and deliver it onto a blockchain. Bitcoin and other native tokens don't need oracles because they do not represent or refer to anything outside of their own blockchains- my opinion is that those systems will not bring the adoption we all want to see.

2) What is the problem with existing oracles?

Now let's say we have a house sale from X to Y. The smartcontract needs to verify if the house was actually transfered. That means there has to be a third party that you trust to verify the event in the real world actually happened. The most advanced oracle at the moment is ChainLink. Can you actually trust it? The answer is no. Here's why: For a p2p network to be decentralized, it has to be both OPEN and SYBIL RESISTANT. Chainlink is not both. You can either use it openly, then any node can be a malicious sybil node and there's no way to know, or you can use it by trusting the KYC provided by the Chainlink team, or some other arbitrary centralized reputation source. There is no mechanism for decentralized reputation in Chainlink. There's a centralized "reputation", which is utterly useless, you're just trusting another centralized guy. Let's also mention Chainlink team owns 30% of the coins.

A truly decentralized oracle network must be one where the data sources are chosen by the community, the validators are elected by the community, and the rules around staking, including rewards and slashing penalties, are also set by the community and not by a central authority,

3) Is there a solution?

Yes, I actually found one future solution- Portus Network. How is Portus solving the oracles problem?

Portus is an open, trustless, permissionless API oracle. It is both an Inbound Oracle and an Outbound Oracle with features designed to ensure information validity and action traceability:

• Open because it is built from open-source software and made available as open-source software for full transparency.
• Trustless because the network allows participants to interact publicly or privately without requiring a trusted 3rd party.
• Permissionless because anyone can participate without authorization from a governing body. This is valid for both consumers and providers.

One component of the Portus network is the Portkey node. It's a piece of software that is both an Inbound and Outbound Oracle and sits at the API provider's premises. As an Inbound Oracle (or Data Provider), they simplify the entire process, making the data provider itself an oracle node. This will make the middle layer obsolete, which is a tremendous achievement that solves many of the problems traditional data oracles face in terms of redundancy, performance, and scalability. As an Outbound Oracle, the Portkey node acts as an on-chain information source for API providers. API providers can use blockchain data to trigger actions and trigger events in a way that's consistent with all blockchains Portus supports.

Now, I won't tell you more about the one possible solution for the oracles problem because if there are tech passionates, they will do their own research. I just want to add one more thing: Portus is not launched yet, it's in the process of licensing in Malta (the most restrictive crypto reglementation that exists). This is a serious project, not some meme coin rug pull.

I will provide you a list of useful links (official groups/pages) so you can do your own research and ask your own questions (the team is very open to tech discussions/debates):

Twitter: https://twitter.com/portusnetwork

They also launched a beta of their product, so anybody can see their tech:

https://docs.portusnetwork.org/portkey-getting-started

I really think that this project should be on your radar. It's not going to public sale in the next month, but it will one day and it's gonna be a real moonshot.

Telegram (here you can find the team answering tech questions in real time): https://t.me/portusnetwork

ARK Invest: Despite The 9 Red Candles, “Bitcoin’s Fundamentals Remain Strong”

https://ifttt.com/images/no\_image\_card.png

The inaugural edition of ARK ’s “The Bitcoin Monthly” report contains some gems. It also contains a simple compilation of facts that paint a clear picture of the bitcoin market as it currently stands. A blockchain is an unalterable fountain of evidence, and ARK put their best analysts to review it in-depth and get stats and insights for us. Get some coffee and take a seat, let’s forget about the Fear & Greed index and see what the numbers are really saying.

Excited to introduce the first official issue of “The Bitcoin Monthly”

Starting this month, ARK will be publishing an in-depth report covering Bitcoin’s market action and sharing where we think the market's headed.

Here are the major highlights from this month’s report:

— Yassine Elmandjra (@yassineARK) June 3, 2022

Over at Twitter, ARK Analyst Yassine Elmandjra described “The Bitcoin Monthly” as: “Starting this month, ARK will be publishing an in-depth report covering Bitcoin’s market action and sharing where we think the market’s headed.” On ARK’s website, they describe the new venture as: “Considering the market’s fast pace of change, ARK publishes The Bitcoin Monthly, an “earnings report” that details relevant on-chain activity and showcases the openness, transparency, and accessibility of blockchain data.”

Related Reading | Bitcoin Price Closes Two Consecutive Weekly Red Candles, First Time Since Bottom

Let’s check the data and insights available in May’s edition.

The State Of The Bitcoin Market, With ARK According to “The Bitcoin Monthly”:

• “Bitcoin closed the month of May down 17.2%, declining from $38,480 to $31,835.”

Let’s be honest, this looks like the beginning of a bear market. And the Terra/ Luna crash appears to be the catalytic event. However, subsequent data will show that we might not be in one after all. 

• “Bitcoin closed the month down 17.2%, printing its ninth consecutive negative weekly decline for the first time in history, suggesting a possible oversold condition.”

Nine consecutive red candles, a new record. That’s a horrific fact no matter how you dress it. However, according to ARK, it suggests “a possible oversold condition.” Which is promising. 

• “Bitcoin is down 57% since reaching an alltime high in November 2021. For perspective, the average peak-to-trough drawdown during previous bear markets stands at 76%.”

Does this mean things could get worst? Or does it mean we’re not near bear market levels? It definitely feels bear-markety, but the stats are the stats. 

BTC price chart for 06/04/2022 on Exmo | Source: BTC/USD on TradingView.com The Bitcoin Network Stands Strong - “Despite the continued sell-off, bitcoin has not broken below any major trendline. It is trading above its onchain cost basis at ~$24,000 and its 200- week moving average at ~$22,000.”

The bitcoin network absorbed Terra/Luna’s massive sell-off and the market’s subsequent one like a champ. The worst seems to be behind us and bitcoin “has not broken below any major trendline.”

• “An all-time of nearly 66% of bitcoin’s supply has not moved in over a year, a testament to the market’s longer-term focus and a holder base with stronger conviction.”

Despite the massive market movement, bitcoiners keep HODLing like it’s the only chance at economic freedom that they’ll see in their lifetimes. Because it is.

• “Short-term holder positions fell -35% below their breakeven price, on average.”

If bitcoiners are HODLing, who’s selling all those cheap sats? Short-term holders, that’s who. And they’re not even close to breaking even. It’s a short-term holders massacre out there.

ARK Sees A Way For The Market To Jumpstart Itself Look, hear ARK out. First of all, “bitcoin’s open interest in the futures market has reached an all-time high of approximately 450,000 BTC.” Also, “perpetual contract basis typically hints at market direction. Currently, it is trading at a bullish discount to spot.” This is very important because, “given the high open interest outstanding, we believe the perpetual futures discount indicates a potential upward trajectory in BTC’s next major price movement.”

Related Reading | Revisiting Dorsey’s Hyperinflation Tweet: Elon, Wood, Saylor, Balaji, Chip In

That’s right, ARK closes “The Bitcoin Monthly” report predicting “a potential upward trajectory.”

Featured Image by Ricardo Gomez Angel on Unsplash | Charts by TradingView

Bitcoin ETPs Saw Massive Inflows in May Despite the Crypto Market Selloff Catalyzed by UST’s Depeg Event

https://en.ethereumworldnews.com/bitcoin-etps-massive-inflows-in-may-despite-crypto-market-selloff-catalyzed-by-usts-depeg-event/

Can blockchain solve its oracle problem?

Hello, guys! Since we're on a bearmarket and we have lots of time to learn more about crypto and future great projects, allow me to raise a debate about the future of blockchain.

1) Let's start by discussing about how smartcontracts can be used in the real world.

In order for blockchain to be used at their full potential, you need it to connect it with the real world data. Blockchain oracles are the means by which real-life data — like football scores, rainfall measurements or election results — are transmitted to a blockchain. Imagine that X and Y wish to place a wager on the outcome of a horse race. How would the smart contract know who to give the winnings to? An oracle can retrieve the information from the real world and deliver it onto a blockchain. Bitcoin and other native tokens don't need oracles because they do not represent or refer to anything outside of their own blockchains- my opinion is that those systems will not bring the adoption we all want to see.

2) What is the problem with existing oracles?

Now let's say we have a house sale from X to Y. The smartcontract needs to verify if the house was actually transfered. That means there has to be a third party that you trust to verify the event in the real world actually happened. The most advanced oracle at the moment is ChainLink. Can you actually trust it? The answer is no. Here's why: For a p2p network to be decentralized, it has to be both OPEN and SYBIL RESISTANT. Chainlink is not both. You can either use it openly, then any node can be a malicious sybil node and there's no way to know, or you can use it by trusting the KYC provided by the Chainlink team, or some other arbitrary centralized reputation source. There is no mechanism for decentralized reputation in Chainlink. There's a centralized "reputation", which is utterly useless, you're just trusting another centralized guy. Let's also mention Chainlink team owns 30% of the coins.

A truly decentralized oracle network must be one where the data sources are chosen by the community, the validators are elected by the community, and the rules around staking, including rewards and slashing penalties, are also set by the community and not by a central authority,

3) Is there a solution?

Yes, I actually found one future solution- Portus Network. How is Portus solving the oracles problem?

Portus is an open, trustless, permissionless API oracle. It is both an Inbound Oracle and an Outbound Oracle with features designed to ensure information validity and action traceability:

• Open because it is built from open-source software and made available as open-source software for full transparency.
• Trustless because the network allows participants to interact publicly or privately without requiring a trusted 3rd party.
• Permissionless because anyone can participate without authorization from a governing body. This is valid for both consumers and providers.

One component of the Portus network is the Portkey node. It's a piece of software that is both an Inbound and Outbound Oracle and sits at the API provider's premises. As an Inbound Oracle (or Data Provider), they simplify the entire process, making the data provider itself an oracle node. This will make the middle layer obsolete, which is a tremendous achievement that solves many of the problems traditional data oracles face in terms of redundancy, performance, and scalability. As an Outbound Oracle, the Portkey node acts as an on-chain information source for API providers. API providers can use blockchain data to trigger actions and trigger events in a way that's consistent with all blockchains Portus supports.

Now, I won't tell you more about the one possible solution for the oracles problem because if there are tech passionates, they will do their own research. I just want to add one more thing: Portus is not launched yet, it's in the process of licensing in Malta (the most restrictive crypto reglementation that exists). This is a serious project, not some meme coin rug pull.

I will provide you a list of useful links (official groups/pages) so you can do your own research and ask your own questions (the team is very open to tech discussions/debates):

Twitter: https://twitter.com/portusnetwork

Telegram (here you can find the team answering tech questions in real time): https://t.me/portusnetwork

They also launched a beta of their product, so anybody can see their tech: https://www.portusnetwork.org/download

I really think that this project should be on your radar. It's not going to public sale in the next month, but it will one day and it's gonna be a real moonshot.