https://open.substack.com/pub/coinpedian/p/itcoin-2023-event-miami-day-2-highlights?r=1kvy21&utm_campaign=post&utm_medium=web
Friday, May 19, 2023
Bitcoin - Decentralized no Matter What - Monaco event
/r/Bitcoin/comments/13m9y6k/bitcoin_decentralized_no_matter_what_monaco_event/
Bitcoin - Decentralized no Matter What - Monaco event (x-post from /r/Bitcoin)
https://www.reddit.com/r/Bitcoin/comments/13m9y6k/bitcoin_decentralized_no_matter_what_monaco_event/
Hiro's Weekly Community Updates: Demo of a Subnet NFT Marketplace, BTCBuilders2023 Conference Recap, Q2 2023 Developer Survey, Crypto vs. Fiat and more!
Don’t miss out! Here’s a roundup of all the latest announcements, tutorials, and events to keep on your radar. Some of our latest posts include:
- Demo of a Subnet NFT Marketplace - Check out this walkthrough by developer advocate Max Efremov showcasing how developers can leverage Subnets to enable fast and reliable user experiences for the hypothetical NFT marketplace.
- BTCBuilders2023 Conference - Couldn’t make it to Miami? No problem! Catch the recording of the first-ever Bitcoin Builders conference.
- Q2 2023 Developer Survey - Calling all Stacks developers! We want to hear about your experience using Hiro products. Let us know how you feel; take our short 10-minute survey.
- Crypto vs. Fiat: Why Trustlessness Is a Competitive Advantage for Web3 - Money without trust? Learn about the differences between fiat and crypto and why trustlessness is becoming a competitive advantage for Web3.
Looking to enter the world of blockchain? Hiro is hiring! Check out some of our open positions here.
Stay tuned here and on our Twitter for more updates and announcements.
Cryptocurrency markets are gearing up for today's Bitcoin options expiration.
A notable event has taken place in the economic calendar of the crypto market: today (May 19, 2023), a significant number of options on Ethereum and Bitcoin expire. Moreover, the volumes are impressive and are likely to influence price movements in the world of cryptocurrencies. Bitcoin has approximately 29,000 options waiting to expire today. Currently, the leading cryptocurrency has a put-call ratio of 0.81, while the maximum risk point is near the $27.5k mark. Converting contracts into dollars leads to a significant figure. The value of the BTC contracts that are about to expire is around a staggering $780 million.
Meanwhile, this is only part of the story. Ethereum also expects similar events - with a more significant indicator. The second largest cryptocurrency has 169,000 options waiting to expire. The put-call ratio is 0.96 with a maximum value of around $1,800. These contracts represent a whopping $310 million.
Market participants will have to prepare for these events. The crypto space is likely to witness short-term volatility that will affect BTC and ETH price fluctuations. Remember that the price movements of these leading tokens often cause a ripple effect throughout the crypto industry, changing the trajectory of the market. Crypto enthusiasts should prepare for possible price fluctuations. This may mean changing their trading styles. Remember, today's events could change the cryptocurrency landscape given the nature of the industry. Staying up to date remains the rule of the game in this dynamic industry. Traders, market watchers, and investors should stay aware of upcoming market events that could affect price movements. This is extremely important when dealing with the unpredictable nature of cryptocurrencies.
The crypto market has lost yesterday's bullish momentum and most of the tokens have fallen over the past day. At the time of this writing, Bitcoin is trading at $26,847, having lost 1.84% in the last 24 hours. Additionally, Ethereum has dropped 1.33% over the period, changing hands at $1,802 at press time. Some analysts believe that bitcoin could fall below $26,000 amid continued price fluctuations. However, cryptocurrency experts remain optimistic, predicting impressive long-term trends.
Investors are advised to take some time to think before making any investment. One of the legitimate forms of investment is, for example, the ASTL investment project, which allows investors to have the opportunity to directly invest fiat and cryptocurrency assets in a stable passive income that obviously exceeds inflationary expectations and is not subject to any sanctions, blocking and confiscation. The ASTL project is a simple and elegant solution for potential investors - an investment in the development of the real sector of a diversified portfolio of cryptocurrencies, with a fairly high ROI (up to 14% annually) with payments in stablecoin (USDT) and the possibility of a full return on investment through the subsequent sale of accrued ASTL tokens on leading crypto exchanges. Details can be found at https://astl.world.
The Rise of Full-Service NFT Agencies
In recent years, the world of art has witnessed a groundbreaking technological innovation known as non-fungible tokens (NFTs). NFTs have revolutionized the way artists create, sell, and monetize their digital artwork. As the demand for NFTs continues to soar, a new breed of specialized service providers has emerged — full-service NFT agencies. These agencies offer comprehensive support and expertise to artists, helping them navigate the complex world of NFTs and maximize their potential in the digital art market. In this blog, we will delve into the concept of full-service NFT agencies and explore how they empower artists to thrive in this exciting landscape.
What are NFTs?
Before diving into full-service NFT agencies, it's crucial to understand the basics of NFTs. NFTs are unique digital assets built on blockchain technology, typically using Ethereum as the underlying blockchain. Unlike cryptocurrencies such as Bitcoin, NFTs represent ownership or proof of authenticity for a specific item, whether it's digital art, music, videos, virtual real estate, or even virtual goods in video games.
The Emergence of Full-Service NFT Agencies:
As the popularity of NFTs grew, artists found themselves grappling with a multitude of challenges, including understanding blockchain technology, navigating marketplaces, marketing their artwork effectively, and ensuring the long-term value of their creations. This demand for specialized knowledge and support led to the emergence of full-service NFT agencies.
Services Offered by Full-Service NFT Agencies:
- NFT Creation and Minting: Full-service NFT agencies assist artists in transforming their digital artwork into unique NFTs. They guide artists through the process of minting NFTs, ensuring the proper implementation of metadata, licensing terms, and royalty structures.
- Marketplace Strategy and Management: Navigating the multitude of NFT marketplaces can be overwhelming for artists. Full-service agencies help artists identify the most suitable platforms for their artwork, develop pricing strategies, and manage listings effectively. They also handle the logistics of uploading and optimizing NFT files for each platform.
- Blockchain Expertise: Understanding blockchain technology and its implications for NFTs is vital for artists looking to make informed decisions. Full-service agencies offer expertise in blockchain integration, smart contracts, and decentralized finance (DeFi) applications, empowering artists to leverage these tools to their advantage.
- Marketing and Promotion: A key aspect of success in the NFT space is effective marketing and promotion. Full-service NFT agencies devise comprehensive marketing strategies, including social media campaigns, influencer collaborations, and PR outreach, to enhance an artist's visibility and attract potential buyers.
- Community Engagement: Building a strong and engaged community around an artist's NFTs is essential for long-term success. Full-service agencies facilitate community management, organizing virtual events, engaging with collectors, and fostering a supportive ecosystem for the artist's work.
- Legal and Intellectual Property (IP) Support: NFT ownership rights and copyright concerns require careful consideration. Full-service agencies provide legal advice, ensuring that artists protect their intellectual property, properly license their work, and understand the implications of the secondary market.
The Benefits of Full-Service NFT Agencies:
- Expertise and Guidance: Full-service NFT agencies offer artists access to a team of experts well-versed in the intricacies of the NFT market. This guidance helps artists make informed decisions, navigate complexities, and capitalize on emerging opportunities.
- Time and Resource Efficiency: By outsourcing various tasks to full-service agencies, artists can focus on what they do best—creating art. Agencies handle the operational aspects, freeing up artists' time and resources to concentrate on their craft.
Access to Networks and Opportunities: Full-service NFT agencies often have established relationships with key players in the NFT space, including collectors, curators, influencers, and marketplaces. This grants artists access to exclusive opportunities, collaborations, and potential partnerships that can elevate their profile and expand their reach.
Credibility and Trust: Collaborating with a reputable full-service agency adds credibility and trust to an artist's brand. Agencies with a proven track record can vouch for an artist's authenticity, ensuring collectors and buyers feel confident in their investment.
Adaptability to Changing Trends: The NFT landscape is dynamic and constantly evolving. Full-service NFT agencies stay up-to-date with the latest market trends, technological advancements, and regulatory changes. This enables them to adapt strategies and guide artists through shifting dynamics, maximizing their potential for success.
Long-Term Support: Building a sustainable career as an NFT artist requires long-term planning and support. Full-service agencies provide ongoing assistance, including portfolio management, strategic advice, and insights into emerging opportunities, enabling artists to evolve and thrive in the ever-changing NFT ecosystem.
Conclusion:
The rise of full-service NFT agencies has ushered in a new era of support and empowerment for artists in the digital art market. These agencies offer a range of services, including NFT creation, marketplace management, marketing, blockchain expertise, legal support, and community engagement. By leveraging the expertise and resources of full-service NFT agencies, artists can navigate the complexities of the NFT space, reach a wider audience, and establish themselves as successful NFT creators. As the NFT market continues to grow and evolve, the role of full-service NFT agencies will remain pivotal in empowering artists to unlock their full potential and thrive in this exciting digital art landscape.
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