Notices tagged with staking

WHAT IS STAKING CRYPTO? EVERYTHING YOU NEED TO KNOW

You’ll hear about staking crypto a lot if you invest in cryptocurrencies. Many cryptocurrencies use staking to validate their transactions and give participants the chance to profit from their holdings. While many cryptocurrency investors mine to acquire more assets, some investors choose to engage in cryptocurrency staking. Staking crypto is “locking up” a portion of your coin to support a blockchain network. Staker gets extra cash or tokens as benefits.

about 2 months ago from web

fanspell

Daily Crypto Fantasy Sports Platform | Crypto Fantasy Analysis

Daily Fantasy Sports platforms should actively use cryptocurrencies and blockchain technology as fantasy sports and cryptocurrency are both one of the top fastest growing industries in the world right now.

about 2 months ago from web

fanspell

Best Cryptocurrency Market in 2022 | Crypto Fantasy Analysis

Cryptocurrency markets are decentralized, which means they are neither issued nor supported by a centralized body like a government. Instead, they are distributed throughout a computer network. Cryptocurrencies, on the other hand, can be purchased and sold on exchanges and held in ‘wallets.’

about 2 months ago from web

Mobiloitte Technologies

NFT staking platform development services

NFT Staking Platform Development is the complete process of specifying, designing, programming, developing and testing the entire NFT Staking Platform or we can say that it facilitates users to lock up their NFT assets on an exchange and earn a reward. Mobiloitte offers best NFT staking platform development services to their cliens. Get free assistance over call.

about 2 months ago from web

fanspell

Fantasy Sports | Cryptocurrency Investment

The industry of fantasy sports is extremely exciting and lucrative, the feeling of joining a league, picking your team of real-life players, and getting points on the basis of how your players perform in real life is what makes this extremely engaging and exciting for all sports lovers. It gives the players a feeling of actually playing the game and keeps them more engaged while watching matches as a single move also can affect their rankings in these fantasy sports leagues. Even though this is very exciting, this industry still faces a lot of challenges such as paying out money to the winners and keeping complete transparency. If these issues could be solved by a fantasy sports app then it would attract even a larger customer base than ever and attract fans from all around the world to compete together. Although thanks to some new-age technologies this is becoming extremely possible, not a day goes by in which the cryptocurrency market or the technology called blockchain is not making buzz. Every day you see cryptocurrencies and new-age tech created due to them trending on various platforms. Fantasy Crypto Sports: Just Like any Fantasy Sport but Help Users How to Stake The mass adoption of these currencies is going to be very crucial for this industry as everyone appreciates the fact that blockchain and cryptocurrencies can help transfer money from one place in the world to another without facing any hassle at all. This seamless transfer of money between two individuals without having to be in the same country as each other is what makes the blockchain and crypto market extremely attractive. It operates using an open ledger system that is extremely secure and transparent at the same time. The blockchain does not care about the geolocation of the user, its only job is to transfer information, data, or tokens from one place to another and record every transaction. That is why FANSPEL is there to cater to all your cryptocurrency fantasy sports needs, Fanspel uses blockchain technology and cryptocurrency which allows fantasy players from around the world to unite and participate in contests together. Players can enter fantasy sports contests on Fanspel by using their native token called FAN Token, this token is based on the BSC (Binance Smart Chain) and is also audited which makes it completely safe and secure for every fantasy sports lover to purchase it and use it. The contests on FANSPEL are held every day and cover a wide range of sports and matches such as fantasy football, fantasy cricket, fantasy baseball, and fantasy basketball, players just have to keep FAN tokens in their wallets and enter contests to make their teams, and play, once the contest ends and all the points are calculated determining your rank on the leaderboard, you get a payout as per your rank in FAN tokens. With the use of blockchain each and every transaction is recorded and the winners that are paid out in these tokens also are recorded. This makes it completely safe and transparent in terms of the fair play of the website and other factors. All the financial records of the organization get recorded on the blockchain available for everyone to see and verify how legitimate they are. If you are interested in playing Fantasy sports with the help of blockchain and cryptocurrency you should check out fanspel.com and start unleashing your inner crypto freak and athlete at the same time.

about 2 months ago from web

Harsha Bicads

Hyphen 2.0: staking, rewards and lower fees

Hyphen has made it possible for users to conduct cross-chain transactions faster and cheaper than ever before by providing a bridge with a TVL of $8 million and over $110 million in total volume.

about 2 months ago from web

fanspell

Cryptocurrency Fun Facts | Crypto Fantasy Analysis

Top 10 Fascinating Cryptocurrency Facts With the growing popularity of cryptocurrencies and the mainstream markets slowly accepting them, more people are getting fascinated by this fiasco and have been looking to join this digital asset craze that’s going on around the whole world in all countries. Bitcoin has always had a puzzling start as its rapid rise feels like someone’s rags to riches story, being founded by a mysterious entity Satoshi Nakamoto who has never revealed his true identity to date even though his invention has changed the world completely in different aspects. The rise of cryptocurrencies has given birth to something called digital coins as the world knows them today and these coins are ready to take over different industries already such as gaming, sports, esports, art, gambling, and online casinos. Cryptocurrencies can be used for a lot more essential services too thus making them the perfect currency for the world markets to operate. However this technology still remains a mystery for the majority of people, people are still learning about this technology whereas some doubt if the speculation about cryptocurrency is true or not. The world of cryptocurrency can be very overwhelming for people to explore at the start due to how new it is. So to help you get started we have compiled a list of 10 interesting facts that will make learning about them fun and engaging. 1. Fun Fact #1 The creator of bitcoin is unknown and a mystery. Ever since the launch of the whitepaper in 2009, the creator of bitcoin remains unknown, he has a pseudonym and goes by the name of Satoshi Nakamoto, although there have been many speculations about who it could be or whether it is a group of people that founded this, no one has been able to confirm the real identity of the creator of bitcoin. Although Bitcoin is the most popular cryptocurrency and has the biggest market cap in the cryptocurrency market, Satoshi still wants to remain anonymous and refuses to reveal his identity even though he formed one of the most groundbreaking pieces of technology in recent times. As per popular belief, people think that Satoshi Nakamoto is the acronym for the world’s biggest tech giants Samsung, Toshiba, Nakamichi, and Motorola. Table of Contents Evolution and History of Crypto 2. Cryptocurrency is great for gambling and fantasy sports 9. Elon Musk is a big supporter of cryptocurrencies 10. Cryptocurrency income can be taxed Evolution and History of Crypto 2. Cryptocurrency is great for gambling and fantasy sports One of the best features of bitcoin is that it is extremely versatile apart from being used for trading and being treated just like any other form of commodity or currency, Bitcoin can be even used for online gambling or fantasy sports contests. Gambling is extremely risky and addictive especially when you are from a country that has declared gambling illegal and you stand the risk of getting caught by authorities. This is where cryptocurrencies come in handy, cryptocurrencies have caused a major influx in the gambling industry causing multiple users to register and play casino games online with the help of cryptocurrency. Due to the privacy and security that cryptocurrencies possess such as bitcoin, litecoin and monero, users can gamble and make transactions without the use of providing any confidential personal information such as name, address, official IDs etc. Cryptocurrencies enable more secure and faster transactions too for all the users that are actively gambling and playing fantasy sports. If you want to enjoy new-age fantasy sports with the use of crypto then you should check out fanspel.com, Fanspel is one of the best crypto fantasy sports sites and has its own token too to make it easier for new users and its users to enter fantasy sports contests with the use of cryptocurrency. 3. A man once wanted to dig a landfill to recover his digital wallets. In the year 2013, a man named James Howell threw out his hard drive, his hard drive contained approximately 7500 Bitcoins which are now worth 100s of millions of dollars. James was an avid miner of cryptocurrency and had been mining it since its early stages for about 4 years, due to the high reward rate during that time he was rewarded handsomely but later threw his hard drive as his Bitcoins did not amount to much, little did he know what was going to happen and soon the crypto boom began. When the price of Bitcoin shot up and he realized the mistake he had made, without taking any backup of his files on that hard drive, he thought that he could actually dig up a landfill and recover his lost money. He even offered the city council a whooping sum of 70,000,000 USD, but they, unfortunately, rejected his request as digging up the landfill would cause far worse environmental danger than this money could repair or fix. 4. Dogecoin or popularly known as one of the biggest meme coins Even if you have been completely aloof about cryptocurrencies, Dogecoin is such a name that has been heard by each and everyone remotely using the internet too, dogecoin became a sensation on social media as well as getting support from the likes of Snoop Dogg, Elon Musk and a few more celebrities it rose sharply and delivered enormous gains to its holders even though it is considered a meme. It was created by two software engineers in 2013, both from Adobe and IBM named Billy Markus and Jason Palmer respectively, even though it started off as a joke and was dedicated to the Shiba Inu dog breed creating a fun and entertaining experience for cryptocurrencies, it soon rose to popularity. Although it was a joke Palmer’s goal was to make something just like Bitcoin but instead of having unknown founders like Bitcoin it wanted to make it public and create a fun, engaging, and relaxed community that would support the ecosystem of Dogecoin. 5. Man trades 10,000 BTC for Pizza Although 10,000 BTC may seem expensive at the time when the transaction was made it was worth just 41$, a man named Laszlo Hanyecz traded 10,000 BTC for an order of Papa John’s back in 2010, and this day was soon named Bitcoin Pizza Day due to the fact that this was the first ever real-life transaction that took places with Bitcoins. Nobody would have thought that this new code piece of technology would skyrocket to thousands of dollars and therefore this is why Haynecz missed out and probably made one of the most foolish deals of his life, if he held on to his BTC he would have had hundreds of millions of dollars and he could probably buy unlimited pizza with that amount of money. 6. There are over 7,000 Cryptocurrencies There are over 7,000 cryptocurrencies in existence due to the growing popularity of this new age currency, currencies have been popping up left, right, and center and anyone who is savvy with code and is smart enough can launch their own cryptocurrency with a sense of purpose behind it and dive into the world of web3. Currently, there are over 2,000 altcoins that are considered dead due to them having bad teams or being blatant scams which lead to them being declared dead. There are currencies named after each and everything that exists in the world such as cabbage coin, Saitama, Dogecoin, and The Sandbox. Due to the growing popularity and current rate at which this market is expanding there will be much more cryptocurrencies that will be formed and contribute to different real activities for humans hopefully. 7. Cryptocurrencies are banned in some countries but are legal tender in some Cryptocurrencies have a lot of advantages over fiat currency and that is being recognized slowly by the world thus causing the rapid growth of new cryptocurrencies apart from the initial few such as bitcoin, Litecoin, and Ethereum. Although there are a lot of advantages still it does not change the fact that people still believe due to the notorious nature of cryptocurrencies they are a threat to their society and as per popular belief cryptocurrency is still used for illegal activities such as for the mafia, money laundering, terrorism, etc. Selected countries and governments have ended up posing a complete on these currencies such as : China, was once the home of bitcoin miners and the largest amount of miners in the world resided in China making it a hub to be adopted as legal sooner or later but the government had other plans. Russia is also debating whether to ban cryptocurrencies or not due to them also speculating that it is used for illegal activities and its high volatility nature makes it a perfect candidate for them to reject and ban from its country. Although there has been a lot of banning by different countries, there is one such country that has broken the norms. El Salvador uses Bitcoin as legal tender and has purchased a lot of it for its government and treasury this has happened due to its own fiat not being suitable enough for trade as well as having low currency strength and value for them to perform international trade as well as accept payments. 8. Bitcoin is limited and cannot be printed/mined more than its already declared quantity. If you are new to the world of crypto you must have thought about buying an endless amount of cryptocurrency and becoming the biggest holder of bitcoin ever but unfortunately, this is not possible. There are only 21,000,000 that can be generated, once all the bitcoins that exist are mined no new bitcoins will be mined or added to the existing supply, currently, over 90% of the total circulation is already mined and by 2140 the last bitcoin is expected to be mined. Due to this feature bitcoin or cryptocurrencies that have a fixed supply can be classified as perishable or scarce resources just like oil and gold. You can expect bitcoin to gain value over the years as and when it becomes scarce. 9. Elon Musk is a big supporter of cryptocurrencies Elon Musk has been extremely vocal through his tweets and actions that he believes firmly in cryptocurrencies, he openly tweets about his favourite ones. He has even added Bitcoin to the balance sheet of his company Tesla and also enabled crypto payments for people to purchase products and cars via his website. Due to his influence in the space, there have been many huge swings in the price action of cryptos and he has received some slack too from the masses creating a lot of buzz on different social media platforms about Musk’s unethical ways. 10. Cryptocurrency income can be taxed If you thought that investing in crypto would help you avoid taxes or be avoid the radar of the government relating to your income then you were wrong, even though cryptocurrencies have a decentralised nature due its growing popularity and crypto becoming mainstream, the government will not want to miss out on their share of tax over people’s income. Different countries have imposed different rules for taxation on earnings from cryptocurrency thus giving them legal status in those countries and allowing their citizens to trade crypto freely without worrying about the legality or nature of these new-age digital coins. India has recently imposed grave taxation laws in respect to cryptocurrency earnings and the day they announced this caused a larger influx of registrations on exchanges than ever. So if you are an avid crypto trader please do check out your own countries tax regulations before taking out all your earnings from the market.

about 2 months ago from web

fanspell

Best Crypto Fantasy | Blockchain-Based | Platform | Crypto Fantasy Analysis

How Crypto and Blockchain Technology is changing the Fantasy Sports Landscape How Crypto and Blockchain Technology is changing the Fantasy Sports Landscape With the ever-lasting growth of technology and innovations, there is always something new that is being brewed and discovered every single day. We are in a time and age where things can become old technology within a year too due to the number of innovations happening every single day. Now with the rapid growth of fantasy sports around the world making it one of the most lucrative industries for all sports lovers and the innovation of blockchain and technology this merger was almost inevitable. Mass adoption of cryptocurrency and the security that blockchains provide for anyone cannot be matched with the traditional methods of playing fantasy sports, along with the addition of NFTs fantasy sports such as fantasy football and fantasy cricket can become much more than a normal game played by the fans giving it more substantial value than ever. Find out how the world’s two most rapidly growing industries are coming together and bringing about a change. Crypto as a mode of payment and transaction With digital currencies getting popularised and mainstream, few countries are ready to make them legal tender and their primary form of payment and currency such as Bitcoin in El Salvador whereas some countries have their own harsh opinion on these digital currencies. Economic experts have said that soon there will be mass adoption to a certain point where digital currencies will be legal tender in most countries making them a universal currency and enabling people to transact from anywhere around the world without any hassle. These are the list of reasons why Fantasy Sports and other such gaming sites should use cryptocurrency Secure and transparent, this is one of the biggest reasons why cryptocurrencies have gained so much popularity, people have started cryptocurrency transactions more than banks as they are extremely secure and transparent due to the blockchain being in place. Due to the transactions being stored in blocks and hashes it makes these transactions tamper-proof, as well as they, are permanently stored with anyone having access to viewing them Faster and cheaper transactions, as digital currencies are becoming the standard now just like fiat money due to people realizing that it is much easier to transact using cryptocurrencies without having any hassle to go through any third party or middlemen when transfers are made as well as the low cost of a transaction that it comes with is an added bonus, you can expect little to no transaction fees if you want to bet on something, purchase in-game items or even enter fantasy sports contest. Payments are on the go, there is no need for someone to carry their personal information or any proof while making crypto transactions as long as they have either crypto wallets or access to the internet, they can easily login onto their wallets and transfer funds from any part of the world to any other part. The ability to play from anywhere allows people that are restricted by geolocation to participate in various events and contests due to cryptocurrency being on the decentralized network thus making everyone anonymous and not bound to a particular region. Fantasy Crypto Sports: Just Like any Fantasy Sport but Help Users How to Stake Blockchain systems People have always misconceived that the blockchain was developed due to cryptocurrencies whereas this is a myth and a blockchain is essentially a peer-to-peer network that was ideated years ago in the 1990s when people were thinking of a cryptographic method that would allow them to transact or interact anywhere around the world without the help of local governing bodies such as banks or governments. A blockchain records each and every single thing on it making it completely unalterable. The blockchain helps in connecting players all around the world that are interested in fantasy sports over a decentralized platform giving complete anonymity to each person thus making it extremely secure and quick to play. With the use of NFTs, all online games can innovate a lot in the future such as fantasy sports, trading card games, gambling, etc, and change how these industries progress and develop. Thus I would like to conclude by saying that there is one such company called Fanspel in the field of Fantasy sports that are already providing all fantasy sports lovers the means to play fantasy contests in various categories such as Fantasy cricket, fantasy football, fantasy baseball and fantasy basketball with the use of cryptocurrency thus making it a decentralized seamless experience for all the fantasy sports lovers that want to get into cryptocurrency space without much knowledge. You can check fanspel out here to know more about them as I am sure they are going to be the best crypto fantasy sports app and disrupt this market completely. https://www.fanspel.com/

about 2 months ago from web

fanspell

Best Crypto Fantasy | Staking | Platform

Fantasy crypto is a new style of management gaming platform that involves Fantasy Sports and Cryptocurrencies. The Fantasy sports market worldwide is valued at a whopping 20.6 Billion USD with a CAGR of approximately 13%, whereas the cryptocurrency industry has over 300 million users worldwide. Cryptocurrency and Fantasy Sports both are on their way to mass adoption with Fantasy Sports already being a really big market and cryptocurrency emerging to be a big market. This fusion ought to be amazing. Fantasy sports that use cryptocurrency are a good way for newbies and beginners to enter this ever-growing industry of cryptocurrency. Fantasy Sports players can do so by using the amazing and revolutionary app called FANSPEL. Fantasy Crypto Sports utility token- FANSPEL FANSPEL enables Fantasy sports players to play their favorite Fantasy sports games by the use of cryptocurrency FANSPEL has its native cryptocurrency called FAN Token it is made on the BSC (Binance Smart Chain) and is available for purchase on various major platforms. FAN Token is what essentially allows this bridge between crypto and fantasy sports to connect and is the mode of payment and rewards on the FANSPEL app. You can purchase FAN here – https://www.fanspel.io/ FANSPEL allows its users to participate in various contests in the field of Fantasy Cricket, Fantasy Football, Fantasy Basketball, and Fantasy Baseball FANSPEL covers every game and caters to every need of a Fantasy Sports player. How to get FAN Tokens? Log in on Fanspel App Click on the Left corner then click on the “Account” section Add BNB coin to wallet Click on the top right corner (three dots) there is a swap function Click on “Swap” then swap the BNB coin to the FAN token. You can check the price of FAN here – https://bscscan.com/token/0xb0228eb6c0b49f8265e6e161c3a987eed7471f42 https://www.cryptofantasyanalysis.com/crypto-fantasy-sports-platform-fanspel-enters-india/ FAN is not only limited to Fantasy Sports Even though its main utility is to encourage the use of crypto in Fantasy Sports making it one of the best Fantasy sports apps in the market in terms of usability, privacy, and safety of the user, it’s not only limited to Fantasy Sports. FANSPEL allows its users and investors to earn passive income in another way as well by the use of staking. Staking is a feature of cryptocurrencies that enables them to be more than just a simple token. It allows its users to earn a fixed amount of money annually by depositing/locking their cryptocurrencies with the Staking platform. FANSPEL gives its users a staggering 18% APY making it one of the best cryptocurrency staking platforms with its native token. It is very easy to stake and store the FAN token as they have their wallet called FAN wallet which makes these transactions much easier for all the people that are interested in such a program. FANSPEL’s Flexi staking modes allow its users to flexibility stake and take out their earnings whenever they want to. You can stake fan at – https://stake.fanspel.io/ FANSPEL is rapidly planning to expand and has an amazing roadmap planned for its users and the world of fantasy sports and cryptocurrency You can check out their roadmap at https://www.fanspel.io/#roadmap Thus I would like to conclude that Fanspel intrigues me as I am an active player in fantasy sports and thus I would personally recommend this revolutionary platform to everyone who wants to learn about cryptocurrency and also play their favorite fantasy sports.

about 2 months ago from web

fanspell

Crypto Fantasy Football | Crypto Fantasy Analysis

How to Play Football on Fantasy Sports Application? Fantasy sports may be a thriving global industry, with a $48.6 billion market expected by 2027. NFT games are swiftly gaining popularity thanks to their potential to disrupt the landscape with an innovative economic strategy.

about 2 months ago from web

Andra Kibby