Category: Cryptocurrency

In the dynamic landscape of cryptocurrencies, one term that has garnered increasing attention is “stablecoins.” These digital assets offer a unique proposition by providing stability in an otherwise volatile market.

This article aims to delve into the intricacies of stablecoins, their significance in the crypto economy, types, regulatory landscape, mechanisms, and their potential role in shaping the future of finance.

Understanding Stablecoins: Definition and Basics

Stablecoins are a category of cryptocurrencies designed to minimize price volatility by pegging their value to external assets like fiat currencies, commodities, or other cryptocurrencies.

Unlike conventional cryptocurrencies such as Bitcoin (BTC) or Ethereum (ETH), which exhibit significant price fluctuations, stablecoins aim to maintain a stable value, often at a 1:1 ratio with the underlying asset.

Key Takeaways

• Stability: Stablecoins offer price stability, making them suitable for everyday transactions and as a store of value.
• Accessibility: They bridge the gap between traditional financial systems and the crypto world, enabling seamless transfers and payments.
• Transparency: Many stablecoins operate on blockchain technology, providing transparency and immutability to transactions.
• Global Reach: Stablecoins have the potential to facilitate cross-border transactions without the need for intermediaries, reducing costs and transaction times.

The Importance of Stablecoins in the Crypto Economy

Stablecoins are a large part of the crypto ecosystem due to two main factors: their ability to help stabilize the market and usage as safe haven assets.

Market Stability

One of the primary contributions of stablecoins to the cryptocurrency market is the reduction of volatility. By providing a reliable store of value, stablecoins offer traders and investors a refuge during times of market turbulence.

Additionally, stablecoins can act as a hedging tool against the volatility of other cryptocurrencies, allowing market participants to mitigate risk effectively.

Safe Haven Assets

During periods of uncertainty or market downturns, investors often seek safe haven assets to preserve capital. Stablecoins, with their stable value proposition, serve as a sanctuary for investors looking to safeguard their wealth without exiting the crypto space entirely.

This role becomes particularly crucial in times of economic instability or geopolitical tensions when traditional markets experience heightened volatility.

Exploring the Types of Stablecoins

Stablecoins employ various mechanisms to maintain price stability, including collateralization, algorithmic adjustments, and reserve management. Each stablecoin falls under one of three general categories.

Fiat-Collateralized Stablecoins

Fiat-collateralized stablecoins are backed by reserve assets held in fiat currencies like USD, EUR, or GBP. Each stablecoin issued is backed by an equivalent amount of the fiat currency held in reserve.

Examples include Tether (USDT), USD Coin (USDC), and TrueUSD (TUSD).

Crypto-Collateralized Stablecoins

In contrast to fiat-collateralized stablecoins, crypto-collateralized stablecoins are backed by other cryptocurrencies held as collateral.

Smart contracts govern the issuance and management of these stablecoins, ensuring collateralization ratios are maintained to support price stability.

Dai (DAI) is a prominent example of a crypto-collateralized stablecoin, backed by Ethereum (ETH).

Algorithmic Stablecoins

Algorithmic stablecoins rely on algorithmic mechanisms to maintain price stability without the need for collateral backing.

These stablecoins adjust their supply dynamically in response to market demand, leveraging algorithms to stabilize prices around a target value. Ampleforth (AMPL) is a notable example of an algorithmic stablecoin.

Regulation and Compliance

The regulatory landscape surrounding stablecoins varies significantly across jurisdictions.

Current Regulatory Landscape

While some countries have embraced stablecoins as a means of fostering financial innovation, others have adopted a cautious approach, citing concerns over consumer protection and financial stability.

Regulatory frameworks continue to evolve as regulators grapple with the challenges posed by the rapid proliferation of stablecoins.

Future Outlook

The future regulatory outlook for stablecoins remains uncertain, with ongoing debates surrounding their classification, oversight, and potential systemic risks.

Regulators are expected to collaborate on establishing comprehensive regulatory frameworks to address the unique characteristics and risks associated with stablecoins, balancing innovation with regulatory certainty.

Factors to Consider Choosing A Stablecoin

When selecting a stablecoin for investment or transactions, several factors should be considered, including:

• Transparency: Assess the transparency of the stablecoin issuer and the underlying assets backing the stablecoin.
• Stability Mechanism: Understand the mechanism employed to maintain price stability and assess its effectiveness.
• Regulatory Compliance: Consider the regulatory status and compliance of the stablecoin issuer to mitigate regulatory risks.
• Liquidity: Evaluate the liquidity of the stablecoin across various exchanges and trading pairs to ensure seamless transactions.

The Role of Stablecoins in the Future of Finance

Stablecoins have the potential to transcend the confines of the cryptocurrency market and play a transformative role in mainstream finance and global economies.

From facilitating cross-border remittances and enabling frictionless payments to serving as a stable unit of account and store of value, stablecoins offer a versatile financial infrastructure capable of reshaping traditional financial systems.

As regulators and market participants navigate the evolving landscape of digital finance, the role of stablecoins is poised to expand, ushering in a new era of financial inclusion and efficiency.

Komodo Wallet and Stablecoins

Komodo Wallet is a non-custodial wallet, crypto bridge, and peer-to-peer (P2P) decentralized exchange that supports numerous stablecoins.

Users can HODL and trade DAI, USDC, USDT, TUSD, and more.

Recently, web3 gaming-focused guild Yield Guild Games (YGG), which is a Ronin validator, did a snapshot of those who delegated and staked their $RON assets in its node. 

This hinted at an upcoming airdrop with the possibility of giving away $YGG to $RON stakers on the YGG validator node.

As time passes by, the community speculates that more Ronin validators will be hosting airdrops to $RON stakers in the future. 

In this article, BitPinas listed the Ronin validators so that you can choose where to stake your $RON so you will have a chance to be eligible for these potential airdrops. 

Read more: Play to Airdrop Tokens | Top 8 Game Airdrops to Farm and Ron Token Axie Infinity Guide | How to Farm and Earn RON via Staking and Providing Liquidity

Disclaimer: The writer, who was once an Axie Infinity: Classic scholar, swapped his $SLP to $RON and has been staking $RON to validators.

What is a RON Validator?

A validator plays an important role in a proof-of-stake (PoS)-based blockchain. It is because by staking their tokens, they have the ability to validate transactions and maintain the security of the blockchain. 

“Ronin validators are the backbone of the Ronin ecosystem. Validators play a critical role in ensuring the security and reliability of the Ronin Network by validating transactions and preventing malicious actors from compromising the network,” the Ronin ecosystem wrote. 

To be a Ronin validator, interested entities, DAOs, web3-gaming guilds, and influencers must hold and stake a certain amount of $RON. A more detailed guide on how to be a Ronin validator can be found here.

Of course, the Ronin ecosystem will never leave the blockchain’s validators unappreciated. Ronin validators are incentivized through a rewards system in which newly issued $RON are divided and issued among validators and their delegators.

The delegators are the ones who stake their $RON to participate in securing and stabilizing the network without running a node. Instead, they delegate their $RON to validators. 

Not anyone is allowed to be a validator, but everyone is welcome to be a delegator. 

To learn how to stake and delegate $RON, go to Ron Token Axie Infinity Guide | How to Farm and Earn Ron with SLP, AXS, WETH, Stake, Add Liquidity Pool on Ronin

Choosing the Right Validator to Delegate Your $RON: A Guide

As of this writing, there are 22 validators and nine candidates. Candidates are those who are still applying to run a validator node, and the date and assurance of the approval are still unsure. 

To delegate $RON, delegators should go to https://app.roninchain.com/staking?t=validator and choose which validator they will delegate their token to. But deciding which validator can give better rewards is not easy. 

On the staking feature of the Ronin app, the list of validators also shows the total stake, the commission, the APR, and the uptime. But what are these things? How are these words connected to better rewards? 

The “Total Stake” is the total number of $RON staked by the delegators and the validators. This means that the higher the staked $RON for that validator, the more delegators trust their service. 

The “Comm.” refers to the validator’s commission rate. This means that this rate is the percentage of the block reward that a validator receives before distributing the remaining rewards to their delegators.

The “APR” is the annual performance rate. The higher this rate is, the higher the stake rewards that the validator will receive. 

The “Uptime,” on the other hand, is the consistency of that validator in running their node. 

Thus, when choosing which validator could give you better rewards: 

• Choose ‌validators with higher uptime and total stake, as they show better performance, resulting in more delegators trusting the validator. 
• The smaller the commission rate of the validator, the higher the percentage that will be allocated to delegators as a reward. 
• The higher the APR, the more rewards delegators can receive. 
• And since the block reward is distributed to delegators, the fewer delegators to that validator means fewer rivals for rewards. 

How to know which validator will do an airdrop?

The best way to know is to observe the Twitter accounts of the validators as they normally hints of an upcoming airdrop. More on this after the list below.

A List of Ronin Validators, In No Particular Order 

(As of March 15, 2024)

Luganodes

• Total Stake: 14,657,071 $RON
• Uptime: 99.98%
• Commission Rate: 5%
• APR: 8.87% / 9.80% 
• Number of Delegators: 9,296

Ronin Catalyst

• Total Stake: 9,833,613 $RON
• Uptime: 99.99%
• Commission Rate: 5%
• APR: 13.22% / 13.39% 
• Number of Delegators: 9,234

StableNode

• Total Stake: 9,774,385 $RON
• Uptime: 99.97%
• Commission Rate: 8%
• APR: 12.88% / 12.31% 
• Number of Delegators: 15,439

Mystic Node

• Total Stake: 9,698,968 $RON
• Uptime: 99.998%
• Commission Rate: 5%
• APR: 13.41% / 13.10% 
• Number of Delegators: 6,871

Sky Mavis GV

• Total Stake: 10,211,710 $RON
• Uptime: 99.99%
• Commission Rate: 10%
• APR: 12.06% / 13.63% 
• Number of Delegators: 11,954

Yield Guild Games

• Total Stake: 8,828,007 $RON
• Uptime: 99.99%
• Commission Rate: 20%
• APR: 12.40% / 13.19% 
• Number of Delegators: 10,375

METAT8 

• Total Stake: 8663,748 $RON
• Uptime: 99.99%
• Commission Rate: 10%
• APR: 14.22% / 14.02% 
• Number of Delegators: 2,037

Animoca Brands

• Total Stake: 8,714,986 $RON
• Uptime: 99.99%
• Commission Rate: 20%
• APR: 12.57% / 14.54% 
• Number of Delegators: 4,470

BigYak Axie Club (BYAC)

• Total Stake: 9,302,657 $RON
• Uptime: 99.99%
• Commission Rate: 7%
• APR: 13.69% / 14.48% 
• Number of Delegators: 8,722

CyberKongz

• Total Stake: 8,897,197 $RON
• Uptime: 99.99%
• Commission Rate: 10%
• APR: 13.85% / 11.94% 
• Number of Delegators: 11,843

Google

• Total Stake: 10,002,058 $RON
• Uptime: 99.99%
• Commission Rate: 10%
• APR: 12.32% / 13.83% 
• Number of Delegators: 8,028

Owl.eth

• Total Stake: 8,568,798 $RON
• Uptime: 99.75%
• Commission Rate: 10%
• APR: 14.38% / 14.66% 
• Number of Delegators: 2,310

aur x artic x cloudwhite

• Total Stake: 8,352,984 $RON
• Uptime: 99.99%
• Commission Rate: 10%
• APR: 144.75% / 14.56% 
• Number of Delegators: 1,488

Nansen

• Total Stake: 8,740,098 $RON
• Uptime: 99.98%
• Commission Rate: 10%
• APR: 14.10% / 14.78% 
• Number of Delegators: 4994

EthernityHub.tech

• Total Stake: 8,210,955 $RON
• Uptime: 99.99%
• Commission Rate: 5%
• APR: 15.85% / 13.39% 
• Number of Delegators: 6,004

0xak.eth

• Total Stake: 7,939,42 $RON
• Uptime: 99.99%
• Commission Rate: 8%
• APR: 15.86% / 14.53% 
• Number of Delegators: 2,320

Non-Fugible.com

• Total Stake: 7,260,045 $RON
• Uptime: 99.98%
• Commission Rate: 20%
• APR: 15.08% /14.58% 
• Number of Delegators: 2,141

AxieChat

• Total Stake: 7,289,127 $RON
• Uptime: 99.99%
• Commission Rate: 20%
• APR: 15.02% / 14.55% 
• Number of Delegators: 2,375

DappRadar DAO

• Total Stake: 7,378,168 $RON
• Uptime: 99.96%
• Commission Rate: 20%
• APR: 14.84% / 14.60% 
• Number of Delegators: 2,342

Moku

• Total Stake: 7,305,550 $RON
• Uptime: 99.99%
• Commission Rate: 20%
• APR: 14.99% / 14.56% 
• Number of Delegators: 4,034

Coco_Bear

• Total Stake: 7,153,653 $RON
• Uptime: 99.99%
• Commission Rate: 20%
• APR: 15.31% / 14.36% 
• Number of Delegators: 2.552

• Total Stake: 7,265,281 $RON
• Uptime: 99.99%
• Commission Rate: 20%
• APR: 15.07% / 14.64% 
• Number of Delegators: 5,098

Ronin Validator Airdrops

The following have announced or hinted an airdrop.

Pixels

• Pixels distributed airdrops to all Ronin stakers irregardless of whichever validator they chose to stake to.

Cyberkongz

Cyberkongz announced $BANANA airdrop to those who staked in their validator.

YGG

YGG said a “snapshot” has been taken.

This article is published on BitPinas: List of Ronin Validators | Airdrops and Rewards Soon?

Disclaimer:

• Before investing in any cryptocurrency, it is essential that you carry out your own due diligence and seek appropriate professional advice about your specific position before making any financial decisions.
• BitPinas provides content for informational purposes only and does not constitute investment advice. Your actions are solely your own responsibility. This website is not responsible for any losses you may incur, nor will it claim attribution for your gains.

$SCROP Presale is Going-on 

The $SCORP token presale, fueling the innovative Scorpion Casino platform, has swiftly gained momentum, amassing over $7,000,000 in just a few days since its inception. Positioned as the premier social online gambling platform, Scorpion Casino offers users the chance to earn daily yields based on the casino’s performance, making it a prime contender for explosive growth potential, with experts predicting 100x returns for early-stage investors.

As the frenzy surrounding memecoins wanes, investors are redirecting their attention towards utility tokens, with SCORP emerging as a top choice for many. With the presale still in its nascent stages, investors have a unique opportunity to join the ranks of early supporters and seize a stake in this promising crypto venture.

Outlined below are three compelling reasons to consider investing in the $SCORP presale before it gains further momentum:

1. Early Entry Advantage: By participating in the presale now, investors position themselves at the forefront of an emerging crypto project, maximizing their potential for significant returns as the platform gains traction. Being an early adopter affords the opportunity to capitalize on the project’s growth trajectory from its inception.

2. Growth Potential: With Scorpion Casino poised to disrupt the online gambling sector, the SCORP token stands to benefit from the platform’s success. As user adoption increases and the platform expands its offerings, the demand for SCORP tokens is expected to soar, potentially yielding substantial profits for early investors.

3. Strategic Timing: With the presale still in its initial phase, investors have a strategic window of opportunity to acquire SCORP tokens at a discounted rate before demand surges. By securing a stake in the presale, investors position themselves favorably for future price appreciation, setting the stage for a lucrative investment.

In summary, the SCORP token presale represents a compelling opportunity for investors seeking to capitalize on the burgeoning crypto gaming sector. With its innovative concept, strong growth prospects, and strategic timing, investing in the presale offers the potential for significant returns in the evolving crypto landscape.

Earn Upto $10,000 Rewards in Staking 

Scorpion Casino offers a lucrative opportunity for users to earn up to $10,000 USD in daily passive staking income simply by holding SCORP tokens in their wallets. The token operates with a 10% tax on every sale transaction, with 2% of this tax being redistributed to all SCORP holders. This redistribution mechanism ensures that holders witness a gradual increase in their token balance with each passing day.

But the benefits don’t stop there. Scorpion Casino takes staking rewards to the next level for users who choose to lock their tokens into the platform. By doing so, these stakers unlock an additional stream of income derived from casino profits. Each day, the Scorpion Casino team utilizes a portion of the casino profits to repurchase SCORP tokens from the market. Half of these repurchased tokens are allocated to holders through a staking pool, while the other half is systematically burnt, effectively reducing the token supply and making it deflationary in nature. This innovative approach not only incentivizes token holders to actively participate in the Scorpion Casino ecosystem but also contributes to the token’s long-term value appreciation.

Confirmed listing on multiple exchanges

Scorpion Casino has solidified its presence in the cryptocurrency market with confirmed listings on multiple exchanges, including prominent platforms such as Bitmart and Xt.com. This strategic move not only enhances the accessibility of SCORP tokens but also amplifies the project’s visibility within the crypto community. By securing listings on reputable exchanges, Scorpion Casino reinforces its commitment to providing liquidity and convenience for investors, further bolstering confidence in its long-term growth potential. With Bitmart and Xt.com among the exchanges slated to support SCORP trading, users can look forward to seamless trading experiences and increased opportunities to participate in the Scorpion Casino ecosystem.

Additional Features 

In addition to the confirmed listings on major exchanges like Bitmart and Xt.com, Scorpion Casino’s presale is experiencing unprecedented success, with tokens selling out rapidly. The presale has already raised millions of USD, attracting over 10,000 participants eager to secure their stake in this groundbreaking project. 

During the presale period, SCORP token holders are not only benefiting from the potential for substantial returns but also receiving daily USDT rewards—a testament to Scorpion Casino’s commitment to rewarding its early supporters. Furthermore, the upcoming listing of SCORP on major centralized exchanges will further enhance liquidity and accessibility for investors worldwide.

As Scorpion Casino’s casino and betting platform is already live, users can immediately engage in a diverse array of gaming experiences. With nearly two years of operational excellence under its belt, Scorpion Casino boasts full licensing and regulation, ensuring a safe and secure environment for all users.

The project’s significance is underscored by its sponsorship of the SIGMA conference, the largest iGaming event globally, further solidifying Scorpion Casino’s position as an industry leader. Moreover, Scorpion Casino has enlisted renowned ambassadors to amplify its reach and influence within the gaming community.

Strategic partnerships, including collaborations with Tenset, a Metahero incubator, highlight Scorpion Casino’s commitment to innovation and growth. Recognition on platforms like CoinMarketCap, alongside collaborations with major iGaming developers, further validate Scorpion Casino’s credibility and potential.

Exclusive NFT memberships, available starting from $1k during the presale, offer additional perks and privileges to early investors. Scorpion Casino’s dedication to rewarding its community is evident through its daily buy-back, burn, and passive staking rewards, as well as its distribution of over $200,000 USD to token holders.

The project’s collaboration with over 20 prominent YouTubers and influencers amplifies its visibility and reach, while the founders’ significant six-figure investment prior to the presale underscores their confidence in the project’s success. Moreover, Scorpion Casino’s innovative reward and cashback system for casino players, offering extravagant prizes like Lamborghinis, Rolexes, and Mercedes, further incentivizes user engagement and participation.

For those eager to join the Scorpion Casino revolution, official project links provide easy access to the presale, casino beta, and exciting giveaways, ensuring a seamless and immersive experience for all participants. With Scorpion Casino poised to disrupt the gaming industry, the future looks bright for investors and gamers alike.

Official project links:

Pre-sale: https://bit.ly/sc_presale_bik

Casino Beta: Scorpion.casino

X: https://x.com/ScorpionCasino

Telegram: https://t.me/scorpioncasino_official

LinkinBio: https://linkin.bio/scorpioncasino/

$250k Giveaway: https://gleam.io/y4qrs/scorpion-casino-250000-giveaway

Post Views: 13

The continuous growth in its network, the anticipated spot ETH ETFS, the upcoming Dencun Upgrade, the sustained price increases and the positive market sentiment have created hope that Ethereum will perform well for the remainder of the year which may result in an ETH bull run. Also, the Ethereum price surge has positioned Ether as a worthwhile investment asset.

In this article, we will discuss ETH’s recent price movement and its next possible target. We will also assess the views of several crypto analysts on Ethereum’s price trajectory in 2024.

ETH Hits $4,000: Ascending Channel Trend since June 2022

Like many leading cryptocurrencies ETH recorded a downtrend a few days into 2024. It declined from $2,352 to $1,500. However, from there, the Ether price rose to surpass the $3,600 resistance level on 5 March as the next graph shows.

ETH Surpasses $3,600 – Gate.io

The diagram indicates that the ETH price surpassed the $3,600 level on 5 March and is continuing on its path towards $4,500. At the time of writing, 10 March, the Ethereum price is $3,941, less than $100 shy of $4,000. It is also important to note that on 8 March the Ethereum price shot to $3,990.11.

In its upward price trajectory this month ETH broke above a multi-month high of $3,715 and has consolidated its gains. It has also overcome several hurdles along the way as it is now trading above the 23.6% Fib retracement level and the 100-hourly Simple Moving Average.

In addition, it has broken several resistance levels including the $3,720; $3,780; $3,850 and $3,920 points. Currently, ETH is targeting $4,500 as it has also surpassed the $3,920 resistance level.

As of now, ETH is 19% lower than its all-time high of $4,878.26, attained on 10 November 2021. With this figure in mind, it is clear that ETH may surpass the existing all-time high at any time this year.

What is also vital to realize is that ETH had been trading in a long-term ascending parallel channel that started in June 2022 until the first week of February as the next image shows.

ETH/USDT Weekly Chart – TradingView

During the first week of February ETH was still trading in that channel. It tried to break above the channel on two occasions, marked by the red pointers on the image. Nonetheless, ETH finally broke out of the channel in February and ever since that breakout its upward momentum has continued.

Analysts weigh in: Ethereum’s Surge Just the Start of a Larger Trend Say X Traders

Several crypto traders who have aired their views on X say that ETH’s current price upward thrust is just the beginning of a long term bullish trend. Altstreetbets, one of the traders, used the Elliott Wave count to predict that the ETH price will reach $5,500 in the near future, within 2024.

Source: x.com

According to Altstreetbets the ETH price should rise above $4,500 before it pulls back, then continue with its upward trend until it reaches $5,500. Byzantine General is another X user who is confident that ETH will reach new heights this year.

The following screenshot shows his reason for ETH’s probable trajectory towards $5,500.

Source: x.com

Next is Van de Poppe, another X user, who predicts that the ETH price will reach $5,000. His view is that soon there will be a bullish altcoin market that will remove all the attention from Bitcoin. It is the altcoin bullish market which will push ETH’s price towards $5,000.

Posting on X Van de Poppe said, “Altcoin market capitalization is slowly moving upwards. The upside could be captured on Bitcoin, meaning a rotation towards altcoins. Therefore, Ethereum to $4,500-5,000 is likely, while altcoins will accelerate with 2-4x returns.”

Another X user who responded to Van de Poppe’s message said, “Altseason is almost here.”

Ether Price Forecast: Eyeing $4,000 amid positive Wave Count and RSI indicators

Several technical indicators including the RSI and wave count support ETH’s upward price narrative. Currently, the Wave count indicates that ETH is within wave three out of the five Waves. Since wave three has just covered 1.61 times its length it means that ETH will be in an uptrend for some weeks.

At the same time, the RSI is still rising which indicates that ETH still has an opportunity to rise further, with waves one and three having a ratio of 1:2.61. Despite the above ETH predictions the coin may lose its momentum and have a pull back or downtrend.

In summary some crypto analysts believe the current ETH price surge may leave it trading between $4,000 and $15,000. Again, more people are likely to buy Ethereum as we move towards the next bitcoin halving event, Dencun upgrade and possible US SEC spot ETH approvals.

Mark Yusko, Morgan Creek Capital CEO, is one person who believes that if institutional and retail investors continue to buy ETH its price may reach $15,000.

DailyHodl quoted Yusko as saying, “I could see a bigger rally in Ethereum than Bitcoin. And that’s kind of what you would expect in the pump part, in the final meteoric parabolic move. Ethereum has historically outperformed Bitcoin and it probably should again.”

He added, “I probably have no reason to go against what has existed for a long time, which is the ratio between Bitcoin and Ethereum. It used to be almost exactly 10-to-1 So if Bitcoin was $20,000, Ethereum would be $2,000.”

So let’s say Bitcoin gets to $150,000 like I think it will. And let’s say we don’t go all the way back to [a Bitcoin-to-Ethereum ratio of] 10-to-1 but we go to… Let’s say it’s 1.5. So that’s [an Ethereum price of] $10,000.”

Now, “Let’s say it gets all the way back to 10-to-1. Then that would be [an Ethereum price of] $15,000. So, comfortably somewhere between $10,000 and $15,000.”

In terms of ETH price analysis, analysts have come up with a range of figures. But what will transpire will depend on the prevailing regulatory and market conditions.

Conclusion

Since the beginning of the year Ethereum gained much as a result of the prevailing broader bullish market sentiments, upcoming upgrades and the expected approval of spot ETH ETFs in the United States. The price of ETH rose from about $1,500 in January to over $3,900 in the second week of March. Some crypto experts predict the value of ETH to reach $4,000 in the near future.

Auckland, New Zealand, March 14th, 2024, Chainwire

Etherland will be launching a funding round on the blockchain investment platform Tecra Space on April 9.

This campaign will support the continued development of Etherland’s technology, addressing practical challenges within the global real estate industry. The solutions focus on streamlining processes, improving security, and creating greater efficiency for B2B transactions. 

The Tecra Space campaign offers investors the chance to participate in this project with a range of investment tiers. Funds raised will directly fuel the expansion of Etherland’s technology and its real-world applications. 

Tecra Space: Community-Focused Fundraising 

Etherland’s decision to launch its fundraising campaign on Tecra Space aligns perfectly with the company’s goals. Tecra Space specializes in supporting early-stage blockchain projects. Unlike traditional fundraising models, it allows Etherland to raise capital without sacrificing ownership or control of its technology. This approach resonates with Etherland’s commitment to innovation and desire to maintain autonomy.

“Tecra Space shares our vision for decentralized innovation. Their model allows us to accelerate Etherland’s growth while ensuring our technology remains in the hands of our team and the community it serves,” stated Alexis Brand, the CEO of Etherland. 

Here are the features Tecra Space offers for early participants:

• Early Access: Investing early allows users to support cutting-edge blockchain solutions with the potential for growth.
• Community-Driven: Tecra Space encourages a strong investor community, fostering collaboration and knowledge-sharing around promising blockchain projects.

Tecra Space: Participation Tiers and Rewards

The Tecra Space campaign offers a range of participation tiers, each with unique benefits and rewards. These include:

• NFT Investment Certificates: Distinctive INVCERT NFTs granting special community status, investor communication channels, and voting power within Etherland’s DAO.
• Top 15 Rewards: The top 15 contributors receive exclusive NFTs, including those from the “LANDAO” and “Lost Worlds” collections, and the opportunity to mint custom LANDIDs.
• NFT Lottery: All participants are entered into a lottery with the chance to win valuable NFTs, supporting heritage preservation and unlocking potential future benefits.

A step-by-step guide to participating in the Tecra Space fundraising round:

1. Starting Out: Interested Users can create a free account on the Tecra Space website.
2. Choosing Funding Method: Users can select a preferred way to deposit funds – options typically include bank transfer, PayPal, debit/credit cards, or cryptocurrency.
3. Finding the Etherland Campaign: Users browse through active campaigns on Tecra Space and locate the Etherland project page, of which will be live in the near future.
4. Exploring the Tiers: Users should carefully review the available investment tiers and their associated rewards to find the best fit.
5. Making Contribution: Users are to selected the desired tier, enter the amount, and complete the transaction using the Tecra Space wallet.

Etherland: Disrupting the Real Estate Industry with Blockchain Tech

The global real estate industry faces significant challenges, including slow processes, security vulnerabilities, and limited transparency. Etherland aims to address these issues head-on by leveraging the power of blockchain technology.

Here’s how Etherland’s approach offers tangible solutions:

• Streamlining Transactions: Etherland’s ProApp employs decentralized identifiers, secure document management, and efficient workflows to accelerate the transaction process.
• Bolstering Security: Blockchain’s inherent encryption and distributed ledger system provide superior protection for sensitive real estate data.
• Promoting Transparency: NFTs generate tamper-proof records of ownership and property history, enhancing trust between all parties involved.
• Powering the Ecosystem: The ELAND token plays a crucial role within Etherland’s network, enabling transactions, incentivizing participation, and offering governance rights.

Etherland’s focus on real-world applications of blockchain technology has the potential to streamline operations and create new opportunities within the real estate sector.

Etherland aims to position itself as a virtual real estate market leader. 

Beyond B2B: The Estatepedia and Heritage Preservation

Etherland’s ambitions extend beyond revolutionizing business transactions. The Estatepedia is a decentralized, blockchain-based encyclopedia of the world’s iconic landmarks. The Tecra Space funding round will allow the team to improve the technology behind Estatepedia, which relies on NFTs acting as secure digital vaults capable of storing vast amounts of historical data, images, and even 3D models associated with specific locations.

The Estatepedia has the potential to:

• Preserve History: Create immutable records of cultural heritage sites, ensuring their stories endure.
• Foster Global Collaboration: Enable communities worldwide to contribute knowledge and enrich the understanding of their local landmarks.
• Safeguard Knowledge: Protect precious historical information from potential loss or alteration.
• Impressive Track Record: The landmarks Etherland NFT collection has documented some of the most important landmarks on the planet and has a floor price of over ETH 1 ($3,200), with some sales exceeding $10,000. 

The Tecra Space campaign is crucial for making the Estatepedia a reality. The development of secure storage, intuitive document management, and interactive community features directly supports this initiative. Tecra Space participants are early backers of a leading web3 real estate venture that champions the global effort to safeguard our shared human history.

About Etherland

Etherland’s blockchain-powered solutions address tangible problems, offering the promise of streamlined processes, greater security, and a more accessible market. The project’s ProApp has already been used to improve the documentation of real estate and landmarks, but now the team is looking to take the next step.

The Tecra Space campaign allows users to join this journey into real-estate innovation and be part of Etherland’s larger vision to preserve cultural heritage through Estatepedia.

To learn more and participate, join the Etherland community via Telegram, Discord, and X.

A dedicated Etherland landing page will be published on Tecra in the coming days, where users can take part in the raise.

Contact

ceo
Liam Quinlan-Stamp
coinpresso llc
[email protected]
+447983693312

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