“Disclaimer: The Capital has received payment in exchange for writing this article.”Singapore, 4th July 2022 — Land of Conquest, a highly anticipated upcoming blockchain gamefi, is pleased to announce they have received investment from one of the leading VCs in the space, Huobi Ventures. They have signed on as lead investor in the Land of Conquest game, joining other investors Mirana Ventures, PopFun, CCV, C2, New Start Ventures, NGC Ventures, K300 Venture and CryptoPhd.“We are very proud to have Huobi Ventures as lead investor of Land of Conquest,” said Ray Lee, Land of Conquest co-founder and blockchain industry veteran. “The Land of Conquest team is strongly focused on providing a fun gaming experience, and also pushing forward as quickly as possible to bring highly engaging play-to-earn content to market. This recent investment by Huobi will partly go towards ensuring the successful launch of the game, with a closed beta scheduled to launch in August. We have every expectation that it will be a smash hit!”The development team behind Land of Conquest has been hard at work, with around 90 percent of the coding now complete. The game already has a combined community of over 97,000 enthusiastic supporters across Twitter, Discord and Telegram who are eager to start playing.“We are impressed to see Land of Conquest attract such wide pre-launch support, and excited to see them grow. They have a solid play-to-earn game premise with proven market potential, and more importantly, all signs point toward this game actually being very fun to play. For these reasons, we believe that Land of Conquest will do very well in the GameFi space,” said a representative from Huobi Ventures.Huobi Ventures is a subsidiary of Huobi Group, who are famous for their Huobi Global cryptocurrency exchange, which ranks amongst the top ten exchanges worldwide. Huobi…
Blog
Dipping My Toes Into The NFT Market
When I first heard about NFTs (Non-fungible Tokens), I had a similar thought as the one I had when first hearing about Bitcoin, which was ‘that doesn’t make sense’ and ‘it won’t last.’ With Bitcoin, it is years later, and it is still going strong, having reached a peak of over $63,000 in April 2021 per token. As of the time of this writing, however, we have seen a major dip in the market, and Bitcoin has recently seen a low of $20,000 per token. But we have seen dips in the past, and it recovers.Like Bitcoin and cryptocurrency mining, with NFTs I waited and watched before deciding to do some more research and seeing what all the fuss is about.What are Non-fungible Tokens?Items that are fungible can be replaced by another one of the same. For example, a Bitcoin is fungible because one Bitcoin is equal and can be replaced by another Bitcoin. One US dollar is fungible because one dollar is equal to another dollar. When buying a photograph from a stock photography site, that photograph is fungible because someone else could purchase the same picture for the same price, and people would not have any way of knowing the difference between each image.An item that is non-fungible means it is unique and cannot be replaced by something else. A non-fungible token is a data unit stored on a blockchain that certifies a digital asset as unique and having no equal. An NFT can only have one owner at a time. So, if I make a piece of digital art and create an NFT, that digital record will be stored in the blockchain linked to that digital artwork, so that no matter where that piece of art is or if it is copied, only that one is the…
Ethereum Name Service: An Easy Step-By-Step Guide
People can select domain names that are convenient to remember for their wallet addresses because of the Ethereum Name Service (ENS). The secret behind this technology is utilizing a computer to know about this domain.When it comes to Web 3 communication, ENS holds the ability to make all the changes. In this article, we will travel through some evident reasons for this.To know what a prominent Ethereum address is, people can utilize the ENS. The name of a person has a link to s specific name. Here we are talking about the name service that is based on ETH but is not limited to it. Employing human-readable names instead of long wallet addresses is a secure, decentralized mechanism. Anyone may purchase and administer domains utilizing this decentralized service.It is evident to use ENS in place of cryptographic keys to deliver ERC-20 tokens to a domain like “mydomain.eth”.There are various parallels between this technology and the DNS system of the internet. Users also have the ability to unite their online presence and walk into the world of Web3 employing this tool.Unlike the Domain Name System (DNS) of the internet, the ENS acts as a Web3 service. It depends on the smart contracts of Ethereum and is safer, more private, and immune to censorship.Its team thinks that internet naming mechanisms should be decentralized and open. Since the Ethereum ecosystem already prevails, the ENS may benefit from it and interact with billions of prevailing smart contracts.If others are required to transfer coins to you, they must be aware of your ENS domain name. Utilizing ENS, you may establish a kind of “nickname” for your wallet address.A URL such as “yourname.eth” will be the only need to share this data with your friends. If you find this information challenging to share a lengthy string…
How to Invest in Crypto in 2022
Albeit new, bitcoin and cryptocurrency have become one of the most desirable asset classes in a mere decade. With fantastic returns and a revolutionary technology challenging the archaic and corrupt fiat financial model, cryptocurrency is quickly becoming the new norm.In addition to the common population, it has managed to grasp the attention of major investors, corporations, and governments. Suffice to say, crypto is here to stay.Being a new asset class, crypto operates in a different fashion compared to traditional assets making it a bit heavy for many people to get into it. Volatility, regulations, safety, and knowledge are some of the things that people have to consider before getting into this space.But these roadblocks shouldn’t stop you from exploring this exciting space. If you are a new entrant looking to invest in crypto, you are not alone.Here is a quick guide to get you started…With thousands of cryptocurrencies and new ones coming almost every day. Crypto markets for new entrants can not only be intimidating but quite challenging.Most projects in the crypto space don’t last more than a few years, not to mention the numerous scam coins that pop up almost every day. Looking at the last 10 years of the market alone, only 2 cryptocurrencies [Bitcoin and Etherum] have managed to stay in the top 10 list by market cap. All others have either fallen to lower ranks or have faded away into nothingness.It is quite important to do well-informed research before investing in any new crypto project. Even coins with a strong team and roadmap have not managed to survive the wild world of crypto.Crypto market is a new space and is thus quite unpredictable, so it is quite important to be well informed and, most importantly, be aware of the risks involved.If you prefer to be on…
This Bitcoin Family Had the Perfect Exit Strategy, But Are Now Moving Back into the Market
FINTECH | CRYPTOCURRENCYAlthough they say they lost more than $1 million in cryptocurrency this year, they look at today’s BTC price as an opportunity not a tragedyLagos, Portugal — A great place for a Bitcoin Beach bar — Flickr — Vitor Oliveira.
Why Tech Stocks Are Crashing and Burning
The market seeks profits, not promises, as a hope-fueled bull market sputters.The market is absolutely murdering tech stocks this year. Alphabet, Amazon, Apple, Meta, and Microsoft are down 19%, 31%, 13%, 38%, and 17%, respectively. All are underperforming the S&P 500, and they’re among the fortunate. Netflix has dropped 65% in 2022, Shopify…
The Best Move I Made in the Crypto Market Crash that Saved Me Thousands
How you can beat the market at its own game.Photo by Karolina Grabowska on PexelsA week ago, the cryptocurrency market was in turmoil. So, I made a crazy move that was against my bullish outlook, but it saved me thousands of dollars.You see, last week there was news about cryptocurrencies tanking and rumors about crypto…
Is Axie Going to Die? Think Twice and Think About It Again
CryptocurrencyIs It Really Dying?It is without a doubt that Axie Infinity is still the number one and the largest play and earn blockchain game since its launch in March 2018. With a mass number of 2 million active monthly users at the start of the year 2022, the game heavily relies on the play and earn concept. As of this day, the game is facing a major economic crisis that results in the rapid decline of players.We now face this inevitable questions:Will Axie Infinity still be profitable in the months or years to come? Can it survive this season of a downtrend? What can we actually learn from the experiences that we had with it?Image from Axie Infinity’s Twitter What is Axie Infinity, and how does the game work?First off, let’s talk about the background of the game itself. Created by Trung Nguyen and Aleksander Larsen of the blockchain game lab Sky Mavis, the premise of Axie Infinity is to accumulate players to an open digital universe whose economy is highly lengthened by the growth of users and ownership of digital pets, which we address as “Axies.”Axie Infinity is a Pokemon-inspired 2D turn-based blockchain game. Every Axie has a set of genes and body parts that determines its strength and weaknesses against other Axies in the face of battle. In total, Axies have four traits: health, morale, skill, and speed. Furthermore, these traits will depend on the purity and body parts your Axie has.Should you wish to learn more about these cute and adorable Axies, feel free to check and visit the Axie Infinity website at axieinfinity.comThere are two (2) battle types that you can play: Arena mode and Adventure mode. Before you can actually start playing, you must first purchase three (3) Axies from the Marketplace. Your Axies will…
Tether ($USDT) Under THREAT! Can The Stablecoin Survive This Time?
Hedge funds now bet against USDT, shorting the stablecoin using the Genesis platform.Image By “DeSa81″ On Pixabay (modified)Controversial stablecoin Tether ($USDT) is frequently making headlines concerning the lack of transparency, the reserves backing it, and the inefficiency of its executives to proceed with an independent audit…
The Greatest Recession Story Ever Told: Bitcoin vs. Gold
Inflation. Recession. And, one question. Actually, two. Have you decided already? Where are you going to invest (save) your money?If you have any, to begin with. This dilemma doesn’t concern only your personal finances, but the future of finance of the whole world. Or, what’s going to be left of it.In one of my previous stories, Rich Dad, Poor Dad, Bitcoin & Canned Tuna, I honestly, and one may say naively, expected to get the answers to these costly questions from the “Daddy of Investment” himself (in case you didn’t know, we already have the “father of investment,” that’s Benjamin Graham).It turned out that Robert Kiyosaki’s books and tweets are two totally different things. I experienced the Strange Case of Dr. Jekyll and Mr. Hyde while going through his most recent tweets about Bitcoin, gold, silver, guns (!), bullets (!!), and “cans of tuna fish,” because “you can’t eat gold, silver, or Bitcoin,” can you?God have mercy on us.But, Kiyosaki didn’t have mercy when calling the “Bitcoin LOSERS,” in his latest tweet ().This tweet has some very “interesting” choices of words, and future financial activities by his author. I mean his Twitter handle is challenging enough. Is that the “real” Kiyosaki or someone else “impersonating” him on Twitter? The blue verified badge says that this account is authentic. I found it to be problematic, as well.I mean, make up your mind man:Should I sell? Should I buy?Should I wait? Should I celebrate or cry?You want Bitcoin to “test” (bite) the dust at $11K, so you can buy more. “If it recovers,” but “if it does not,” he will wait for Bitcoin losers to “capiulate” (capitulate, right?!). I mean, this tweet is so high that I have to move on.Let’s see (read) what the other financial experts and analysts have to…