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Tag: December

  • Win $100 USDT rewards from P2E Era7: Game of Truth AMA! Learn about Upcoming NFT Drop on 20th December! | by Bit Media Buzz | Dec, 2021

    Win $100 USDT rewards from P2E Era7: Game of Truth AMA! Learn about Upcoming NFT Drop on 20th December! | by Bit Media Buzz | Dec, 2021

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    Bit Media Buzz

    Crypto Talkz is pleased to announce our next AMA with ERA7: Game of Truth on 14th December at 3 PM UTC

    CRYPTO TALKZ x ERA7

    Rewards Pool: $100 USDT

    DATE : 14 December 2021

    TIME : 3:00 PM UTC

    VENUE : @Crypto_Talkzs

    Guest : Dmitri Prokopenko (CMO of Era7)

    AMA SEGMENT

    Part 1: Introduction

    Part 2: Twitter Questions ($50- 5 winners)

    Post your Questions here Tweet Link

    Part 3: Free Flow Live Segment ($50- 5 Winners)

    RULES

    Join https://t.me/Era7_Official English Telegram Group

    Join https://t.me/Era7_Official_CH Chinese Telegram Group

    Join http://t.me/Crypto_Talkzs Telegram Group

    Join http://t.me/CryptoTalkzNews Telegram Channel

    Follow @Era7_official on Twitter

    Follow @CryptoTalkzInfo on Twitter

    Research ERA7 Project

    Source

    About Era7: Game of Truth

    Era7: Game of Truth is a Play-To-Earn NFT-based trading card game (TCG). It offers the perfect combination of traditional gaming and decentralized finance (DeFi) to gamers, bringing an entertaining gaming experience while providing an avenue to earn.

    According to Era7 ancient folklore, the seven races on the continent of Truth battle against each other for supremacy all year long, to vie for the title “King of Truth”. The victor from the Game of Truth emerges as the ruler of the continent whereby he and his race then enjoy the highest honors in the land.

    Founded by core team members from internationally renowned game developers with over 15 years of valuable experience such as Com2uS, NCsoft, Nexon, and Netmarble, Era7 is backed by heavyweight VCs and blockchain institutions such as Hashkey, MOBOX, Huobi Ventures, OKEx Blockdream Ventures, Good Games Guild (GGG), AU21 Capital, AlphaCoin Fund, Waterdrip Capital and more.

    Era7: Game of Truth Official Links

    Website: https://www.era7.io

    Twitter: https://twitter.com/Era7_official

    Telegram: https://t.me/Era7_Official

    Telegram (Chinese): https://t.me/Era7_Official_CH

    Discord: https://discord.gg/yUjGpQ35



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  • 3 reasons why DeFiChain (DFI) price has gained 60% in December

    3 reasons why DeFiChain (DFI) price has gained 60% in December

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    Decentralized finance (DeFi) offers one of the most widely applicable use-cases for distributed ledger technology and today it is one of the main avenues for the wider adoption of blockchain technology.

    Last week, as the wider crypto market corrected and Bitcoin (BTC) dropped by 22%, DeFiChain (DFI) bucked the trend and rallied 76% to establish a new high at $5.70 on Dec. 6 as its 24-hour trading volume surged from an average of $3.6 million to $24.3 million.

    DFI/USDT 4-hour chart. Source: TradingView

    Three reasons for the price breakout for DFI include the launch of decentralized assets on the DFI mainnet, a surge in transactions and users on the network and an increase in the total value locked on the protocol.

    Traders pile into decentralized stocks and cryptocurrencies

    The biggest source of momentum for DFI in recent weeks has been the launch of decentralized assets on the DeFiChain network and staking options for holders.

    Users of the platform now have access to multiple pools that include large-cap cryptocurrencies like Bitcoin and Ether, as well as synthetic versions of popular stocks and indices, including pairs for Tesla (TSLA), Apple (APPL) and the S&P 500 (SPY). In addition to having exposure to these assets, stakers also benefit from the higher-than-average yields available on the platform.

    DeFiChain DEX pool pairs. Source: DeFi Scan

    Other d-asset options available to users include Gold (GLD), Silver (SLV), the ARK Innovation ETF (ARKK) and the iShares 20+ Year Treasury Bond ETF (TLT).

    Transaction volumes surge

    Another reason for the strong performance seen from DFI has been an increase in transactions on the network following the release of decentralized assets.

    Daily DeFiChain transaction count. Source: DeFiChain Analytics

    The surge in network activity is largely the result of the new use cases made possible by the launch of decentralized assets, including the creation of assets, liquidity mining and arbitrage trading.

    The added features have also helped to attract new users to the DFiChain ecosystem, with the number of unique wallets holding DFI reaching a new record high of 42,555 on Dec. 8.

    Unique addresses holding DFI. Source: DeFiChain Analytics

    Related: Nasdaq to provide price feeds for tokenized stock trades on DeFiChain

    Total value locked hits a new all-time high

    DFI has also seen a steady increase in total value locked on the DeFiChain protocol, which is now at an all-time high of $1.83 billion according to data from Defi Llama.

    Total value locked on DeFiChain. Source: Defi Llama

    The spike in value locked coincides with the launch of decentralized assets on the network and it’s claer that users rushed to deposit funds to gain access to the high yield opportunities available to liquidity providers.

    Aside from the staking features offered on the DeFiChain DEX, larger DFI holders with at least 20,000 DFI also have the option of locking their DFI tokens up in order to run a masternode on the network and earn rewards in return for helping to verify transactions and secure the blockchain.

    The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision.