Blockchain
MyTopSportsbooks Journalist Investigates Profitability of Move-to-Earn Sneakers – Blockchain News, Opinion, TV and Jobs
Published
2 years agoon
By
adminA journalist has spent a month tracking his movements via a popular move-to-earn app to answer the question “Can you make money walking with NFTs?”. Ashton Miller, a journalist with MyTopSportsbooks, a website providing reviews of the best the best sports betting sites on the web, spent a month walking in non-fungible sneakers. The virtual shoes, represented in move-to-earn (M2E) app STEPN, award their “wearer” with cryptocurrency for every step they take.
Miller’s investigative journalism entailed using the STEPN app every day for a month and recording his progress and profitability. Along the way, he uncovered the M2E application’s mechanisms and tricks to keep players hooked.
In order to start earning cryptocurrency with STEPN, users must make an initial investment which they then aim to make back through walking or running. The STEPN app enables users to earn its native tokens, GST and GMT, by exercising after purchasing an NFT digital sneaker. Recovering this investment is made difficult by the game’s mechanics, which include fluctuations in the price of the token used to purchase the sneaker.
Another mechanism that can make it difficult to earn a return on investment, Miller discovered, is the way the game encourages players to spend the cryptocurrencies they earn. Users must repair their sneakers every time they “wear” them. They can also level their sneakers up in the hope of earning more cryptocurrencies in the future.
One key finding from the MyTopSportsbooks journalist’s investigation is that STEPN makes and adjusts the rules seemingly on a whim, with no accountability. App updates are frequent and often make recovering the initial investment even more difficult. Bugs frequently cost users cryptos, Miller found, with no means of holding STEPN responsible.
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Blockchain
MetaWin Founder Launches $ROCKY Meme Coin on Base Network – Blockchain News, Opinion, TV and Jobs
Published
27 mins agoon
April 29, 2024By
adminLondon, United Kingdom, April 29th, 2024, Chainwire
An exciting new meme coin, $ROCKY, has recently debuted on the Base network. Skel.eth, the founder of MetaWin, launched the coin last weekend. Intriguingly, the coin is named after his Pomeranian, also named ROCKY.
Within just 30 hours of its release, $ROCKY achieved an impressive market cap of $4.6 million, and the MetaWin team is optimistic about further growth, fueled by the enthusiastic support of the MetaWin community.
“I launched it as an experiment ahead of our $MWIN token sale,” said Skel.eth, the founder of MetaWin and the creative force behind $ROCKY. “It is working out pretty well so far! We’ve learned a lot, and it’s great to see the community benefit financially. Despite my advice to cash in on their gains early, many have held onto their coins, and it’s taken on a life of its own, amazing really”.
Looking ahead, MetaWin plans to integrate $ROCKY into upcoming community competitions, thus enhancing its utility beyond that of a typical meme coin. These initiatives aim to cement $ROCKY’s role within the community and further validate the coin’s slogan: “MORE than a meme coin.”
With a solid foundation established by Skel.eth two years ago, MetaWin now boasts nearly 250,000 connected wallets and a seasoned team of 80 professionals specialising in Web3 technologies. This depth of expertise is expected to drive further innovation and success for $ROCKY.
Users can participate in $ROCKY daily competitions for free on BASE or with an NFT purchase. According to the Metawin team, all generated revenue will be utilised to purchase more $ROCKY immediately after the competition concludes, serving as a bonus for holders.
For the latest updates and to embark on the $ROCKY journey, please visit www.RockyCoinbase.com or X.com/rockycoinbase.
About MetaWin:
Founded by Skel.eth, MetaWin stands as the premier platform for on-chain prize competitions and instant win games, offering a diverse array of entertaining challenges for users. Through the utilisation of cutting-edge blockchain technology, MetaWin ensures a transparent, fair, and secure gaming environment, making it the preferred destination for blockchain enthusiasts and gamers alike.
At the forefront of Web3 innovation, MetaWin is supported by a robust community of 250,000 connected wallets. Renowned for its ability to craft impactful digital experiences, MetaWin remains dedicated to pushing the boundaries of the cryptocurrency landscape.
For more information, users can visit MetaWin.com.
Users can follow MetaWin on social media and join MetaWin’s community:
X| Instagram | Telegram | Discord
Contact
PR Team
Metawin
press@metawin.inc
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Blockchain
WhalesNight AfterParty 2024 – Blockchain News, Opinion, TV and Jobs
Published
3 days agoon
April 26, 2024By
adminTrust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Republic of the Marshall Islands MH 96960, MH 96960, April 26th, 2024, Chainwire
A Glittering Moment: BloFin Shines at TOKEN2049
BloFin, a fastest-growing exchange platform, proudly announces its platinum sponsorship of TOKEN2049 Dubai and its exclusive SideEvent: WhalesNight AfterParty 2024. Following our previous role as the Gold Sponsor at TOKEN2049 Singapore, the BloFin team, now the Platinum Sponsor of TOKEN2049, continues to shine on this stage with its enthusiasm and original dedication to contributing to the cryptocurrency industry.
BloFin successfully sponsored TOKEN2049 Dubai, which witnessed an extraordinary gathering of industry leaders, enthusiasts, KOLs, and innovators. Blofin’s participation in this prestigious event not only reaffirmed its commitment to fostering innovation within the blockchain ecosystem but also demonstrated its dedication to driving industry development forward.
An Unforgettable Night: WhalesNight AfterParty 2024
As part of the conference, BloFin hosted the highly anticipated WhalesNight AfterParty 2024, promising an unforgettable evening of networking and celebration.
Gratitude in Spotlight: Heartfelt Thanks to Valued Partners and Media
BloFin extends its gratitude to its esteemed media partners, including U.Today, BeInCrypto, CoinTelegraph MENA, Crypto.news and Chainwire, whose support has been instrumental in promoting this event. Additionally, BloFin appreciates the steadfast support and participation of its significant partners, KOLs, and attendees.
The Dubai Whales Night offers the BloFin team a valuable opportunity to meet with users and friends.
Matt, CEO of BloFin, shared his insights and expressed his excitement at the WhalesNight AfterParty. He stated “We understand the importance of trust. We will continue to provide our users with safe, reliable, and fast services.”
As we continue to expand our reach and enhance our offerings, Blofin remains steadfast in its mission to empower individuals and institutions to unlock the full potential of blockchain technology.
About BloFin:
As the fastest-growing crypto exchange, BloFin offers premium perps & futures trading services with over 320 USDT-M trading pairs and 100X trading volume. Now, it provides more high-quality products including spot trading, copy trading, earning, API access, and more. Ensuring utmost user fund security, BloFin has partnered with Fireblocks to safeguard users’ assets.
Contact
Head of Marketing and Public Relations
Annio Wu
BloFin
annio@blofin.io
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Blockchain
The AI-Based Smart Contract Audit Firm “Bunzz Audit” Has Officially Launched – Blockchain News, Opinion, TV and Jobs
Published
4 days agoon
April 25, 2024By
adminSingapore, Singapre, April 9th, 2024, Chainwire
- Comprehensive security checks are now possible at only 10% of the traditional cost
- The price and report creation is 10 times faster and cheaper than traditional firms
- This firm optimized for projects that “want to audit contracts but have limited budgets” or “wish to conduct an initial audit during the development stage”
Bunzz, a Singapore-based web3×AI tech startup launches “Bunzz Audit,” an AI-driven smart contract auditing service offering fast, cost-effective audits with actionable insights for security improvements, scanning contracts from over 100 perspectives using AI and an extensive database.
Overcoming the Challenges of Traditional Smart Contract Audits in Blockchain Projects
Blockchain-related projects trade users’ assets on-chain, and the smart contracts governing this logic are at risk of being attacked. As a measure, “smart contract audits (Audit)” are conducted, but users of existing major audit firms face the following challenges:
- The cost of traditional audit firms is very high (from 10K to 1M of USD).
- Emphasis is placed on the “seal of approval” from major audit firms, making the original goal of “improving security” a mere formality.
- Engaging an audit firm can delay product launches or token listings due to the time taken for audits.
- The accuracy of reports and the cost of communication can be unstable depending on the audit firm’s personnel.
As an approach to solve these issues, Bunzz, the smart contract development infrastructure, has researched and developed an AI-based audit service, “Bunzz Audit.”
In the open beta version in January this year, Bunzz received a lot of positive feedback, and it has now officially launched “Bunzz Audit” as a formal version.
Product page: https://www.bunzz.dev/audit
The Significance of Using AI for Smart Contract Audits
The tasks performed by audit firms can broadly be classified as follows:
- Comparing clients’ contracts with previously identified vulnerability patterns to detect vulnerabilities.
- Detecting vulnerabilities derived from project-specific logic or operational inconsistencies.
For the first task, vulnerabilities in smart contracts are normally checked by humans reviewing the source code. However, due to variations in auditors’ knowledge of vulnerability patterns and their detection capabilities, oversights due to human error are a current issue.
In this regard, Bunzz Audit owns a database of previously discovered vulnerability patterns and adopts an auditing method that scans code from over 100 perspectives. This approach allows for comprehensive coverage and accurate, omission-free vulnerability identification, which is physically impossible for humans.
From the results obtained through research and development, Bunzz believes that for detecting vulnerability patterns as in the first task, a database + AI approach is more suitable than a human approach.
Regarding the second task of detecting vulnerabilities specific to a project’s logic, this is not addressed by the above approach but rather by professional auditors from the Bunzz Audit team (as an option). Clients can choose between two types of audits: one that only reviews the code and another comprehensive audit that includes both the code and the project-specific logic.
Bunzz are currently distributing a promotion code for Bunzz Audit
Currently, Bunzz is distributing a 10% discount promotion code for free. Using this code, audits are available for 1,791 USD. The fee remains constant regardless of the amount of source code or the level of vulnerabilities found, allowing for the highest level of ROI in the industry. Please give it a try.
Users can get their promotion code here: https://www.bunzz.dev/audit
About Bunzz
Bunzz is a leading company in Web3×LLM, operating Asia’s largest DApps development infrastructure. We develop and provide various Web3 infrastructures and services aimed at realizing “smart contracts as a public good.”
Shareholders: Arriba Studio, Coincheck Labs, DG Daiwa Ventures, gmjp, East Ventures, GMO AI &Web3, GREE Ventures, Hyperithm, Kotaro Tamura, Kazutaka Mori, mint, SPIRAL VENTURES, 01Booster Capital, Ceres
For more information: Bunzz Blog | Twitter(X) | Discord | Youtube | Linkedin | Luma
Bunzz Projects
Contact
Devrel Manager
Trust Oyafemi
Bunzz
info@bunzz.dev
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