Tuesday, April 6, 2021

TSXV:SPN - Scienjoy Announces Strategic Alliance with Snipp Interactive to Launch New Loyalty and Rewards System and to Explore Bitcoin and NFT rewards for its approximately 250 Million Users and 300,000 Broadcasters

BEIJING, April 6, 2021 -- Scienjoy Holding Corporation ("Scienjoy", the "Company") (NASDAQ: SJ), a leading live entertainment mobile streaming platform in China, today announced that, through its wholly owned subsidiary, Scienjoy Inc., it has entered into a strategic alliance (the “Alliance”) via a Master Services Agreement with Snipp Interactive Inc. (“Snipp”) (TSX-V: SPN; OTC: SNIPF), a global provider of digital marketing promotions, rebates, and loyalty solutions. Through the Alliance, both parties will explore different ways of incorporating Snipp’s Customer Acquisition, Retention and Engagement (C.A.R.E) platform into Scienjoy’s suite of mobile applications. The initial cooperative exploration between both parties is expected to focus on the following two areas:

First, Scienjoy will combine its in-app currency solution with Snipp’s loyalty and rewards engine to develop a new rewards system. This will enable Scienjoy to augment its user experience, cultivate additional revenue streams, and explore the potential of using cryptocurrencies on its platform. As part of this system, Scienjoy will utilize Snipp’s platform to provide Scienjoy’s broadcasters and users with more opportunities to earn points through engagement. Broadcasters and users will be able to redeem these points for various digital rewards, including Scienjoy’s virtual currency, Bitcoin gift cards, retailer gift cards, trinkets, and more. Beyond enhancing Scienjoy’s user acquisition, retention, and engagement capabilities, this new rewards system will also serve as an additional monetization channel for the Company, as third-party brands interested in reaching Scienjoy’s sizable user base will be able to sponsor events, broadcasters, and live broadcasts through the system.

Second, both parties will work together to enable broadcasters to mint their own non-fungible tokens (“NFTs”) on Scienjoy’s platform and allow users to utilize the points they have accumulated through the new rewards system to bid on and purchase NFT “momentos” from their favorite broadcasters. In addition to strengthening the relationships between broadcasters and their fans, this initiative will provide broadcasters with more monetization opportunities, augment broadcaster loyalty, and attract more new creative talent to Scienjoy’s platform.

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Tether effect on price of BTC in 2020 and onward

Hi,

i am writing in this community, as this seems to be only a few out of the many crypto related communities, which seems to accept that tether (and other stable coins) exponential printing has had very significant price inflation effect on the price of BTC but crypto assets as a whole really through direct purchase in tens of billions, causing retail fomo through causing inflated prices and quite a few other shenanigans. I like it, that this community is acceptable towards discussing this topic.

We all know that during the last 2017 mania, when total crypto MC reached close to 1T, there were ever, even at the peak, only ~1.3B tethers in circulation and through retail mania, there was in fact a lot of fiat in the system. Even back then, tether was accused of manipulating the market, albeit to far smaller magnitude. 2021 however, now with total more than twice, MC at 2T, there are currently total of 63B of stable coins in the system, somewhere... somehow... and there is a lot of speculation and different opinions as to what effect it might have had, to what degree and how all of this stable coins might effect the markets onward into 2021 and 2022.

My best personal understanding and opinion is, that tether is in fact by majority, unbacked and the most known "conspiracy" holds truth (NYAG settlement and quite a few others reached this conclusion and i find it hard to believe that much has changed if to even for worse, during last year or so), in which they have just printed through 2020 out of thin air, purchased bitcoin off the markets, inflated prices (focusing mainly on BTC and ETH) and basically all of the backing is in the form of crypto assets. I also think quite a significant amount of stable coins is also used for/going into paying for staking rewards (this "money" has to come from somewhere right), which in essence is another tool which is used to prop up prices by limiting supply and paying interest for it with, well, empty air. By injecting ~40B of tethers alone in one year into the markets, looking how even by the time (EOY 2020) retail interest started to rise, more than 2/3 of bitcoin purchases were done through tether, one could make a case, that therefore first half of the 2020, tether portion was even higher, as in, tether was essentially majority of the market until retail interest picked up in the second half of the 2020 and has continued to do so significantly through events such as Tesla purchase, SQ, PayPal news etc. My personal opinion is, as this time around compared to 2021, there is even more empty air in the bubble due to stable coin exponential growth and therefore once bear market/panic/cascaded liquidations will happen, it will be far more dramatic than it was back in 2018.

TLDR I suppose i really have 2 questions i would appreciate your insight into.

How big role do you personally think did tether treasury had in inflating the prices through 2020 and
how do you see this play out in the coming years?

Eventually people will start to cash out, liquidity will be major question, as leverage is probably on ridiculous levels, and if tether is in fact unbacked, i am trying to understand, how different might or might not the market play out, now with ~50 times more stable coins in this asset class. One might wonder, how likely might be insolvency concerns, similar to QuadrigaCX, but on far larger scale once people start rushing towards the fiat gateways.

Thanks for those sharing their insight and ready to discuss.

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As you (Bitcoin support) can see I just filed a complaint [Created] Case# 04289876756 - Complaint #04234613 on Bitcoin, this is the step 1 of officially legal action I am taking now, as they replied me it will take 15 business days to get response from the customer complaint officer that is how the process works before litigation initiated, but I will not stop until I got someone to fix the issue of my account, I have no choice after attempting reach out to them , I have send lots emails and opened several tickets, 8th posting days on Reddit and trying contact Bitcoin support many times both publicly and privately , unfortunately and obviously I got no response from Bitcoin support , I'll be Posting live updates here to share the status to everyone who is in the same situation once I got updated, I am not afraid to take any legal action including a lawsuit as we have a free litigation service as a family member who is a lawyer, as being a customer for years to Bitcoin, I don’t want to go this far, but again I have no choice with they trying to ignore my Lawful and reasonable rights At the meantime we’ll witness the facts if there is any possible that Bitcoin is really working on providing support to their customers ,

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WHAT DO I HAVE TO TAKE INTO ACCOUNT BEFORE CHOOSING MY WALKER?

WALKERS FOR HOME OR INDOOR USE

Best Help at an affordable rate

Reliable Help

Faster Resolution

Effective Solution

How To Add Cash On Bitcoin?

Firstly open the Bitcoin on a device.

Then from the Bitcoin landing page tap on the "Balance" tab.

Thereafter press the "Add Cash" option.

Then select amount

Choose "Add"

Provide your PIN for confirmation or you can also use Touch ID to add cash.

Day In & Day Out Bitcoin Support

Around the Clock Service

Cash Support always tries to meet the customer's requirements.

Easy to communicate with Bitcoin Support

Bitcoin Help can troubleshoot any sort of problem.

Immediate Solution

Can't send cash from Bitcoin to Paypal - Implement solutions beneath

Bitcoin is the application that deals with your standard parts. The exchange happens warily and securely. That is the motivation driving why Bitcoin payment is liked.

Can't send cash from Bitcoin to Paypal - Implement solutions beneath

Bitcoin is the application that deals with your standard parts. The exchange happens warily and securely. That is the motivation driving why Bitcoin payment is liked.

We should investigate how to transfer money from Bitcoin to bank account. The strategies are given underneath.

Failed transfer money from Bitcoin to bank account? Steps below

Open the application

Before long tap on the equalization tab elective

Go down and you'll get the Cash out tab

Tap on the tab

Set the total you need to send the bank

Press the Cash out tab

Pick between standard or second choice

Contact the scanner for the check reason

You'll get an accreditation spring upon the effective certification

Tap on the choice done

Conclusion

In the event that you've tends to like, how much can you send on Bitcoin? How to execute Bitcoin refund or Bitcoin dispute? Why Bitcoin locked message bounces up?

with step wise solutions without Bitcoin phone number

So, if you’re dealing with some tech issues then contact us for the support. Let’s take a look at solutions for the errors that you might encounter.

Retrieve Bitcoin account in basic steps without Bitcoin phone number

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Combining NFTs and DeFi is most innovative idea in Crypto.

Not sure how many of you guys are aware of it but genesis shards is the project I’m highly interested in. is going to have its IDO on Polkastarter in a few days, It reimagines the way we look at NFTs and DeFi. NFTs have been a hot topic of late and DeFi has been cemented its space in not just the crypto world, but traditional market spheres as well. However, genesis shards marries both these ideas into a single, unified concept.Genesis shards is a decentralized ecosystem powered by Polkadot that redefines NFTs as DeFi options, creating a permissionless environment of interchain liquidity for pre-IDO tokens. What this means is that Genesis shards wrapps time-locked fungible tokens into NFTs which in turn can create a new market for previously illiquid tokens.Users can efficiently and safely gain access to and trade pre-IDO tokens, while projects can leverage token liquidity early in the life cycle, build strong community support early on in their journey, and also get a sense of price discovery. This is done by essentially “NFT-ing” the OTC market: transforming NFTs into a liquidity vehicle for pre-IDO tokens.Unlocking a new frontier in DeFi: A Pre-IDO marketplace on nonfungible tokensThe whole idea is pretty ingenious. When new tokens are released, they are pretty illiquid. Genesis shards use NFT wrappers to separate circulating tokens which have the added benefit of allowing easy price discovery and launchpad style crowd exposure. These NFTs could also contain pre-IDO tokens which can later be swapped for Post iDO tokens.GenShards is all about enabling “Pre-IDO” liquidity — and this is made possible through the Gen Ticket NFTs. At the most basic level, Gen tickets are NFT contracts that represent a varying amount of pre-IDO tokens. These NFTs can be traded on a compatible exchange or can be exchanged for the IDO tokens at the time of token generation events.In the near future, projects will be able to launch their own GenTickets on the Genesis Shards platform — and gain access to pre-IDO liquidity for their tokens!The system is made up of 4 key components namely, Gen Access, Gen Tickets, Gen NFTC, and $GS token. $GS token is the utility token for the whole ecosystem which can be swapped for elements like Gen Access which users the entry into the Gen ecosystem.Some of the biggest names in the crypto investing sphere have partaken in its funding rounds. They had raised $2.7M from funds like 3Commas, Block Dream Fund by OKEx, Morningstar, Moonwhale Ventures, Master Ventures, Petrock Capital. It was also supported by angel investors like Santiago Roel Santos of Parafi Capital; Sandeep Nailwal = Polygon; Danish Chaudhry, CEO of Bitcoin.com, etc. Its founder is Garlam Won. Garlam was behind the marketing of some of the most successful projects including Harmony, Sandbox, MANTRADAO and moreGenesis Shards is having its first-ever dual IDO on Polkastarter wherein it will be available in both Ethereum and Binance Smart Chain. But they haven't announced the date. It will most likely be in the next few days and I encourage every one of you here to keep your notifications on. This will be one of the biggest launches of the year and is certain to go straight to the moon.

Submitted by yuvzst

via /r/CryptoCurrencies