Jump to content

MetaverseLawyer

Community Member
  • Posts

    64
  • Joined

  • Last visited

Everything posted by MetaverseLawyer

  1. Crypto loans are slowly becoming an integral part of the crypto space. It practically entails using cryptocurrency assets as collateral to borrow cryptocurrencies. Hypothetically, users can borrow a certain amount of token B by pledging a specific quantity of token A, and they need to pay a certain amount of interest to the platform. In contrast to Defi loans, Bitget have come up with its own loans. As opposed to the former, there is no requirement for external addresses, simpler borrowing operations and no gas fees. Interestingly, the platform is giving latitude to its users to enjoy a super low interest rate of 10% for USDT. However, with respect to Bitget Crypto Loans, the framework does not support collateral pairs of the same currency, for instance, you cannot use LTC as collateral to borrow more LTC, you can only borrow the latter by using a non BTC cryptocurrency asset as collateral.
  2. In an effort to onboard users to Web3 and cryptocurrency, some platforms often come up with opportunities for newly signed users to earn some passive income while signing up or shortly afterwards. Currently, there is an African only event where Africans can get to earn as much as 1,000 BGB. the criteria is relatively simple, you just need to complete a deposit of at least $50 and get $10 BGB. This is limited to the first 1,000 users. Similarly, users who top up more than 25K USDT in a single transaction will be entitled to a 15 day VIP experience period. To be completely eligible, you must be African, a deposit must be made either via p2p or by onchain deposit. The rewards will be deposited within 12 days. This is an amazing event to make some good bucks off.
  3. The Bitcoin Halving has finally occured, a lot of users are filled with optimism with respect to the halving coming to fruition, crypto pundits think the halving precedes a bull run as it often happens historically. A couple of exchanges are well aware of the optimism of crypto enthusiasts, to further boost interest, Platforms like Bitget have come up with worthwhile prizes to enable users earn from the post halving. The first prize pool of the event is about 0.4 BTC, the activities are quite simple, you can trade a futures volume of over 100 USDT to get random rewards of 20 USDT Similarly, you can be among the top 50 ranking traders during the event to share from the prize pool. The Futures trading volume must be ≥10,000 USDT to be eligible.
  4. It is ideal that crypto currency exchanges as the admisnistrators of users’ funds should account to them from time to time through transparency reports that can be drafted atleast at the end of every quarter. Platforms like Bitget have dropped theirs and their growth is pretty impressive. Both spot and derivative volume have grown exponentially. This is a testament to the fact that the team has been doing the good work. In Q1 of 2024, the CEX’s spot trading volume increased by a whopping 113% peaking about $160 billion and the futures trading volume was at about $1.4 trillion signalling a 146% increase. In march, the platform witnessed the most remarkable growth thus far in the derivative market making it the 3rd largest derivative trading platform for the first time since december 2022. The user base has also trumped up from the previous 20 million to 25 million users globally. This demonstrates pure positive social sentiment and traction. In a similar vein, through the course of the previous quarter, the platform added about 186 new tokens, this has placed its number of tokens at 750+ tokens available and 820+ spot tokens. Most of the listings were relatively very early and some investors made fortunes off it. The launchpool has also witnessed impressive growth, a total of 7 launchpools were done and this led to an increased demand for its native token $BGB. $Bgb has been on steroids since the last quarter, breaking ATHs and establishing new ones. Bitget applauds consistency and security, its Proof of reserve has also grown to about $612 million since March. With this type of security framework users confidence will be instilled to further use Bitget. Here's some proof of the above; https://twitter.com/TokenInsight/status/1767010819282526267
  5. Coingecko recently dropped a Q1 report on the crypto industry. Interestingly, a couple of the centralised exchanges were captured showing their growth and decline thus far. Some of the highlights include the Futures trading volume. Binance is held to have had a volume of 43% in january with a slight drop to 42% and then back to 43%. Gleaning from this, there was really no growth on the part of Binance as per futures trading. Similarly, platforms like OKX and Bybit had no significant increase as well. The CEXs are still hovering around 16% and 13% respectively. However, platforms like Bitget have shown some amount of growth thus far witnessing an increase of 3% from 9% in february thus peaking the percentage at 12%. The platform has also witnessed an increased user base. The recent features incorporated by the platform to make trading easy accounts for this. In a juxtaposition to the above, the spot trading volume has also grown considerably. As at january, the spot volume was at about $29 billion, in february it grew to $36 billion. The march volume peaked it all with about $95 billion. As can be seen in the report, Bitget have grown considerably. With the concerted efforts of the team, the platform is a recipe for growth.
  6. In a bid to ensure the widespread use of cryptocurrency, certain platforms have come up with good initiatives to boost enthusiasm in cryptocurrency. Bitget in an effort to achieve this have come up with an initiative known as the COO apprenticeship, this is in link with the platform’s #Blockchain4Youth initiaitve. Basically, the program requires eligible participants to collaborate closely with the team while gaining valuable leadership experience in the process. Similarly, they are also required to conduct market research as well as assist in the implementation of market strategies. The prerequisites for participating are relatively easy; excellent communication skills, passion for crypto, blockchain tech as well as availability for a 3 month commitment with the possibility of travelling to Dubai. The benefits tagged along this are overwhelming, you get gifts from Bitget in the form of monthly $BGB airdrops and Bitget Merchandise. Apart from being rewarded monetarily, the work experience, a widened horizon etc are part of the perks that come with this program. However, the targeted regions for the program are; France, Germany, italy, Spain, Portugal and the UK. This is indeed a worthwhile opportunity for those that can participate.
  7. As the cryptocurrency space evolves, Bitget keeps bringing up worthwhile initiatives to make crypto trading interesting and easy for its users as well as helping them maximise profit. Gleaning from the likes of Candybomb to PoolX and the likes, the CEX has been seen to steadily provide these services. The PRE MARKET trade seems to be the newest product on the block right now. It is an over the counter trading platform that specialises in providing a pre-traded marketplace for new coins before official listing. Simply put, it is a p2p framework of some sort that facilitates trading between buyers and sellers enabling them to acquire coins at optimal price thus enhancing advance liquidity and complete delivery at a mutually agreed upon time. The interesting thing about the Pre Market is that; it allows the advocates or supporters of newly launched projects to trade through a contract before the token goes mainstream or before being airdropped. This framework is very good for projects that have very high speculation, speculative traders should check out this product. Good thing is the Pre trade is already live, you can leverage on it to purchase $MERL before its official listing, you could get to earn massive ROI.
  8. Certain centralised platforms have been very intentional about creating wealth for its users to this end CEXs like Bitget have built certain frameworks to aid this adequately. Through the instrument of its launch pool, it lets users earn massive APR thus providing a good ground for wealth creation. The performance of some of the launchpool projects lends credence to this, the likes of $ENA, $ZKF $GRAPE and a host of others generated good APRs. In an almost similar exactitude as the launchpool, the PoolX is the new framework that lets users earn by staking $BGB and $USDT to mine other tokens on the platform. From the products Bitget have brought forth it is safe to say the platform is playing a worthwhile part in wealth creation to every crypto enthusiast around the globe. Personally, I have participated in these and i will say they are worthwhile opportunities to make fortunes off of, i will advise you jump on it too anon.
  9. Certain centralised platforms have been very intentional about creating wealth for its users to this end CEXs like Bitget have built certain frameworks to aid this adequately. Through the instrument of its launch pool, it lets users earn massive APR thus providing a good ground for wealth creation. The performance of some of the launchpool projects lends credence to this, the likes of $ENA, $ZKF $GRAPE and a host of others generated good APRs. In an almost similar exactitude as the launchpool, the PoolX is the new framework that lets users earn by staking $BGB and $USDT to mine other tokens on the platform. From the products Bitget have brought forth it is safe to say the platform is playing a worthwhile part in wealth creation to every crypto enthusiast around the globe. Personally, I have participated in these and i will say they are worthwhile opportunities to make fortunes off of, i will advise you jump on it too anon.
  10. As the bull run looms, BASE blockchain is one of the ecosystems I'm looking at with an eagle’s eye. Being heavily backed by coinbase and other venture capitalists, it is safe to infer BASE will be among the top blockchain networks. Currently, a couple of projects have been building on it meme tokens inclusive. At present one of the foremost memes on there is $MFER, it is a meme that has garnered immense traction and capital inflow from the general crypto community. There's a lot of positive sentiment, considering how the meme token stems from the base ecosystem. Within 24 hours, its trading activity has surged exponentially to about $104M with an estimated number of about 23,000 holders. To spike up more enthusiasm in $MFER, it is interesting to note that the founder is the dev of the MFER NFT that did quite well thus showing immensely good pedigree.. The token is currently trading seamlessly on Bitget with good price action thus far. This is a good opportunity to hop on it early.
  11. As long as Defi continues to grow, protocols like lending will always have considerable significance. Gleaning through time, a lot of lending protocols have evolved with different features attached to each accordingly. However, tilting away from conventional lending protocols, we have the likes of Goldfinch coming up, it is a decentralised lending protocol built along the burgeoning narrative of ‘’Real World Assets’’(RWA) GoldFinch comes off as a groundbreaking decentralised lending platform that looks to introduce a paradigm shift in the world of crypto lending. As opposed to other platforms, GoldFinch seeks to eliminate the need for borrowers to over collateralize their loans with On-Chain assets. Being built differently, it accepts off chain assets as collateral, this is a giant stride taken off the main narrative. As at April 2023, the protocol has facilitated over $100 million in loans showing it off as a protocol which is a recipe for continued growth. Considering all it has in the works, investing in its native token is one of the ways of being a part of the GoldFinch ecosystem. Its native token $GFI, just earned a listing on Bitget, this screams immense spotlight for the token. After duly reading up on this project,it seems like one that has potential for further growth and a significant bluechip in the offing.
  12. Slow and steady, almost every part of the world is onboarding itself into Web3 and the CryptoSpace. Currently, telecom carrier businesses are making their debut to the crypto scene. Following this, $ZBU is the world's first loyalty token created for telecom carrier businesses. Interestingly, this is specially wired to engineer telecom transactions. Consequently, $ZBU token being the key component and fuel of the Zeebu platform, plays a very integral role in enabling smooth global transactions and introducing on chain loyalty mechanisms. This project seeks to usher in a paradigm shift in the world of telecoms by simply providing a decentralised environment for voice traffic exchange. As opposed to traditional telecom providers whose voice traffic exchange is often plagued with inefficiencies like; opaqueness, remittance delays and revenue leakages. $ZBU has received immense traction thus far, from raising over $25 million at presale the token has shown significant growth thus far reaching an all time high of about $4.9 on March 8th, 2024. Owing to this projects traction and growth thus far, it appears as one destined for immense growth. Bitget have thrown weight behind the project by listing it and adding passive earning opportunities to it. Good thing is, you can simply deposit to earn a chunk of it on the platform. Passive earning at its finest i must say.
  13. Ondo finance is a project that is aimed to democratise access to institutional grade financial products and services using blockchain technology. The project’s team seeks to leverage on the blockchain technology, to improve both the financial infrastructure and accessibility of financial products. The team cuts across former members of reputable firms like Goldman Sachs and partnerships with VCs like; Blackrock and Morgan Stanley. Practically, it seeks to integrate the real world assets with blockchain technology. The native token $ONDO has performed exceedingly well since its launch in January18th, 2024. The tokenized products offered by the project have a bearing to US treasuries and the US money market funds. After keenly reading about this project it is quite clear that it is a fine blend of tradfi and defi product services. With this immense usecase, $ONDO will do very well. Looking at these, T1 platforms like Bitget have listed it and the price action is quite fair thus.
  14. The BASE blockchain is steadily making its moves to conquer the crypto scene upon the next bullrun. Since BASE was announced last year, we have not really seen much off of it this seems like a floodgate for more transactions on there. With the largest DEX on Optimism; Velodrome building one of its foremost AMMs I am pretty certain it will do immensely well. This Automated Market maker is called Aerodrome, it is filled with the inherent capacity to be BASE’s central liquidity hub, combining a powerful liquidity incentive engine, vote lock governance model and friendly experience. As a stack of Velodrome V2, it inherits some of its features. As a people centric project, it incentivizes users who contribute to the protocol’s sustainable growth with about 100% of the protocol’s incentives and fees going to VeAERO voters. Interestingly, the project has a democratised setting, where voters who lock their AERO tokens convert them to a non fungible token called VeAERO that represents voting power. Consequently, the higher the lock period, the higher the voting weight. Being launched at about August 28, 2023, It currently stands as one of the largest protocols on BASE with more than 30% of the market shares. The price of the native token $AERO has surged exponentially over time peaking about 900%. With the BASE chain gaining more traction as it has been lately, this token is slated to do even better. With platforms like Bitget lending it some weight, it is safe to infer the token will serve as a major catalyst to its price as well. Along the listing, there is a deposit to earn rebate event where you could easily earn over 10% rebate.
  15. Truthfully, cryptocurrency has been gaining good traction and adoption across the globe. In addition to other mainstream adopters of blockchain technology along its by products like cryptocurrency, countries collectively tagged under MENA have been seen to be incredibly involved in Cryptocurrency lately. Around 2020-2022, Web3 in the middle-east went through a significant and worthwhile transformation from a small bourgeoning industry to a headliner in the mainstream media. UAE for instance saw an exponential increase in the number of crypto businesses while securing a 10% of global transactions. In the same UAE, it is thrilling to discover crypto literacy is being taught in schools, this is clearly a concerted move towards leveraging on this technology as the job hub come 2040. Other gulf countries are following in the footsteps, countries like Oman made its debut by coming into the crypto scene with a grand infrastructure, the country has about $1.1B invested in crypto mining, this singular move has attracted worthwhile foreign countries. All of these strides taken by these MENA countries sparks some form of optimism in users along the ETF approval and upcoming Bitcoin halving as the major catalysts of the next bull run. Similarly, These actions taken by MENA serve a role globally considering how all the necessary ingredients are inherently available to its crypto savvy geeks; rapidly developing infrastructure, favourable policy making, and welcoming users sentiment. This has led blockchain technology to find its footing in this part of world. Through all of these, Bitget has been greatly instrumental to the growth of blockchain in MENA, it has provided some of the products that seek to ease crypto participation. To mention a few, Bitget Wallet is heralded as the largest wallet in Asia with about 19 million users. As per a study by bitget of how blockchain savvy MENA has become, the Managing Director of Bitget; Gracy Chen has proposed to scale the company’s team and hire professionals across the region to fill a range of mid and back office roles. This effort is made in a bid to facilitate a profound and robust cryptocurrency adoption, looking at all of these, i’ll contend in a nutshell that, the future of crypto development in the middle east seems ever promising.
  16. As the Memecoin Szn looms further, certain meme projects are coming up with different usecases and novel features. Currently, OMNI comes forth as a meme distributed along all chains and powered by Layer Zero. This seems quite innovative and this feature makes it stand out against others. It currently exists on Ethereum, Arbitrum, Solana, Polygon, Canto, BSC, and Base. The most striking feature of this project is its all chain concept. Practically, this will drive full blown and traction. Among KOLs, there's been great social sentiment. Apart from merely buying $OMNI, platforms like Bitget have brought forth events to earn from. Personally, the suscribe to earn event catches my gaze. Participating is quite simple; Subscribe to the featured OMNI Earn products to enjoy up to 60% APY, join in once the product is available, you don’t want to miss out! This is a pretty good opportunity to earn off of, I'll be jumping on it.
  17. A Lot of gaming models are currently trumping up, gaming projects like Wall Street Games seek to be the next generation gaming platform with a unique and immersive way of earning rewards via its P2E model. Flowing from the above, Wall Street Games contracted to form the token ticker $WSG is a hybrid blockchain based mobile game on the Arbitrum network with the inherent capacity to earn by playing games, collecting NFTs and winning rewards. As a people centric gaming project, the games are relatively easy to play and anyone could get a hang of it by just playing it for a short while. The project recently migrated to Arbitrum, this is a significant evolution for the project and a strategic move indeed, consciously made in a bid to bring forth enhanced features and a dynamic new token ecosystem. Apart from playing games prima facie, users are allowed to bet as well, the betting threshold starts from about $5 and $100 . In a similar fashion, players can refer other players as well. While looking up more about $WSG, I discovered it has forged a worthwhile partnership with a sibling gaming project called $CREO engine. With how much these 2 projects are fixated on pushing gaming to the future, I'm pretty sure it will be worthwhile. Meanwhile, both $CREO and $WSG are trading on Bitget, with the latter you can deposit about $50 worth of WSG to earn a 10% rebate. Each eligible user can earn about 700 WSG while supplies last. This is a sweet way to earn from.
  18. Solana has clearly been unstoppable, newer projects have come forth with novel narratives and traction. As such, one of the projects currently on my radar is $TOAD. The latter is a meme token that has stepped away slightly from traditional memes. The project’s team has gone forward to forge formidable partnerships with the likes of the hedge fund Gotbit but as well as top level companies like; Playbux. Through the instrument of these partnerships, the project is seen to be leveraging them to build exclusive applications. Some of these are aimed towards actively progressing and continuously expanding TOAD’s influence. Since $TOAD launched, it has garnered immensely good social media engagement around these english speaking crypto savvy communities who have expressed optimism towards the TOAD project. Keenly looking at $TOAD, one would see that it has quite good potential. At the time of writing, it has garnered about 5,000 holders. The market capitalisation is about $10M. To further iterate how undervalued it is, only Bitget as a T1 platform has listed it. With this listing, you can be a part of the 1500 holders who by achieving a spot buying volume of 100 USDT will be eligible to receive 100 TOAD each. Similarly, by following the CEX and @toadieco on twitter as long as quoting with the hashtag; #TOADxBitget eligible users can stand to earn about $50 worth of TOAD each. These are good opportunities to earn this potentially filled memecoin. I’m optimistic about the project’s growth.
  19. Decentralized Wallets are gradually becoming a thing. This speaks volume as to how crypto wallets have grown over time. In this vein, Bitget Wallet have gone further to create a native token for its wallet, the token model is contracted as $BWB. As it should be, the token forms and is a key part of the entire Bitget ecosystem, it is even backed by top tier VCs like Foresight and Dragonfly. There are significant reasons as to why Bitget Wallet should do immensely well. Firstly, placing this wallet in a juxtaposition with its contemporaries like Trust wallet and others shows how well it has grown despite being launched way after the others. Gleaning from its statistics largedly based on usage, the wallet stands as one that has an all in one suite of tools for a seamless web3 experience. Personally, i started utilising Bitget wallet when the craze of BRC20 started, it was then I discovered the unique features of the wallet like; Dapps, BRC compatibility,DEX, launchpad et al all in one suite. With the above functionalities embedded in the wallet, you could view it through the lens of having metamask, Dextools and cross chain bridges all in one swoop. I like to refer to the wallet as a Sui generis (a thing of its own) owing to its novel functionalities. Interestingly, it is worthy to point out that Bitget Wallet is the largest wallet in Asia with over 19 million users and a good pedigree. With all these, it is very safe to infer that $BWB, being a product and native token of Bitget Wallet is a recipe for success and growth. As a plus, you can earn some of the token by downloading Bitget wallet and participating in certain events on it to claim some BWB. This is available to both ioS and Android users.
  20. Memecoins are typically an integral part of the crypto space, as the bull market looms, a lot of these coins are springing up quite fast. Consequently, we have seen the likes of $**** et al emerge as worthwhile altcoins on the solana blockchain. In a similar vein, $PENG has emerged as the newest Sol meme on the block. It is heralded to be an icy addition to the Sol chain, as customary with Memecoins, it is a penguin modelled coin thus bringing fresh breeze of creativity to the world of Solana. Personally, my conviction for scooping up some $PENG now is owing to the fact that, $SOL is currently on steroids and with the former being the newest memecoin, it is logical to think liquidity will flow into it commenmsurarely. Apart from buying it seamlessly on Bitget, the platform gives its users latitude to earn off the follow to win event. The criteria is immensely simple, you just need to follow @bitgetglobal and @pengonsolana as well as quoting and reposting the hashtag #PENGxBitget.
  21. Since the emergence of NFTs in 2021, alot of projects have been created all in a bid to attach exceptional usecases to to these Non Fungible assets. Consequently, platforms like VeVe have been built with the inherent capacity of catering to cryptocurrency enthusiasts. Gleaning from all of its exploits, VeVe is heralded as the world's leading mobile first digital collectible platform. A testatment to this is how the platfrom has facilitated the sale of over 8 million digital collectibles since the start of 2021. In a bid to further expand its ecosystem, the projects native token called $OMI is intended to amplify the collecting experience and would subsequently provide users with unique ways to build and expand their digital collection. Through VeVe, collectible enthusiasts are given latitude to engage with their favourite brands and artists. Interestingly and pointing to how resoliute the team is, the project has formed formidable partnerships with the likes of Marvel, DC, coca cola and disney. With all of these giant strides and feats, it can safely be inferred that, its native token $OMI is set on a path of exponential highs and a means to be a part of the ecosystem. Just recently, i got wind of the Bitget listing that comes with a deposit to earn event where users can deposit a minimum of $50 to earn a rebate of 10% from the 20K prize pool, this seems quite interesting. The listing on Bitget is 2 way beneficial, apart from gaining more traction and spotlight, its community can also have a slice through the deposit to earn event.
  22. In a strict bid to attend to the needs of the teeming users, a couple of AI assistant tools have been developed. These are built through the instrument of the blockchain technology to cater to the needs of crypto enthusiasts. It is along these lines that projects like Octavia have been built. Thus, Octavia is a cutting edge AI assistant developed to help with crypto needs. With the project’s deep rooted foundation in crypto knowledge, direct access to on-chain information, and a connection to the internet, Octavia stands as a worthy go to place for research, trading and more. Its framework is cloud connected both with the internet and blockchain which enables her conduct research, leverage on search engines and visit websites. To usher in a seamless scope, you can communicate with Octavia through discord and telegram and your prompt would be recognised. Strikingly, the inbuilt memory of the project is built to recognise your preferences by learning about you. This makes for an increasingly personalised assistance. Good thing is, you can view it through the lens of ioS ‘’siri’. The project is clearly filled with a whole lot of use cases and tokenomics that make it a worthwhile investment. The project has received considerable spotlight from tier one platforms like Bitget that have listed its native token $VIA. Additionally, there is a deposit to earn event. The criteria and prerequisite for this is quite simple, you just need to deposit about $50 to be eligible to win off of the $VIA prize pool of about 5k$. This is a seemingly good and easy way to earn more $VIA and have in your altcoin bags. I have participated in some of these events and i think it is worth sharing.
  23. With BTC making its exponential highs, a couple new projects are springing up incredibly fast. The narratives popping up right now are gaming and AI projects. Through my research, I found a new gaming project with some good gaming use cases and tokenomics. The project is, flappyMoonbird. It is a web3 game metaverse with a Player vs Player based on a bird themed scope. At this moment, the project’s team has announced 3 games; Racing bird, AI birdnopoly and FlappymoonBird inclusive, these have gameplay and demo released. The game has also incorporated Play2Earn to its framework, while playing users are given latitude to play games casually to earn mystery boxes, and its native $FMB tokens and other prizes. After reading exhaustively about this project, I was on the lookout for where to buy it from. Reliable platforms like bitget have expressed intent to list it through its deposit to list activity. Consequently, by depositing some amount of it ($FMB) on the CEX, the platform will list the token and this will undoubtedly provide the project with further exposure just the same way it has done for some of its popular projects. From my personal experience, projects that are often incubated by the CEX in this manner turnout to perform exceedingly well. Taking a cue from projects like $CSIX and $GRIMACE that went through same procedure, after they got listed, the projects performed quite well and are still performing with very good price action thus far. On a safer note, if the project doesn’t scale through the listing procedure, all funds can be withdrawn seamlessly. The project looks quite promising and I think with the platforms concerted efforts, it will get listed along with good price action.
  24. As the world becomes increasingly reliant on information, crypto and blockchain projects are shifting their focus towards the information economy. This project revolves around the creation, distribution, and utilization of information and technology, where knowledge and information are valuable assets driving wealth and growth. $NESS token enters the scene as a cryptocurrency designed to facilitate connections within this information economy. Furthermore, $NESS boasts a unique reward system that incentivizes active user participation, collaboration, and contributions to the underlying platform's success. To empower users, NessLabs offers online courses promoting mindful productivity and sustainable creativity. $NESS is expected to be listed on Bitget once sufficient liquidity is achieved. Users who deposit $NESS will have an opportunity to earn passively.
×
×
  • Create New...
us