CoinYuppie

  • Four Steps to Building a More Inclusive Crypto World

    Web3 promises a better tomorrow, but this can only be achieved if today’s inequalities are eliminated. A study published by Gemini earlier in 2021 showed that cryptocurrency holders are profiled as middle-aged men around the age of 38 with an annual income of $111,000. Additionally, 74% of cryptocurrency holders are male and 71% are white. In fact, many in the Web3 community continue to preach the idea of ​​breaking the “gatekeeper theory” and building a trustless web based on cryptography that everyone can benefit from. Web3 evangelists see market freedom as a…

    News 2022-01-18
  • Reading Optimism: Creating a Bright Future for Ethereum

    Introduction Everyone has heard of Ethereum 2.0 and how it solved the Ethereum scaling problem. What if I told you that Ethereum has been scaled with or without Ethereum 2.0? The shift from a Proof of Work (PoW) to a Proof of Stake (PoS) consensus model is just the tip of the iceberg. The final real challenge is to create a whole new framework for blockchain scalability, moving from monolithic to modular blockchains. This is Ethereum’s solution to the blockchain triad problem, with the goal of increasing throughput while maintaining decentralization and security. The…

    2022-01-18 News
  • Ethereum’s 2021: Continue to defend the world’s largest asset liquidity layer

    Original title: “The Year in Ethereum 2021” Ethereum is the foundation of digital civilization It is robust, secure and reliable, and it is the cornerstone necessary to support the digital cities built on it. These cities are developing rapidly. Since Ethereum is open to everyone, many different users have found reasons to build on it: Markets use it as financial infrastructure Artists use it to give permanence to their work Assets use it as a settlement layer The community uses it to manage shared resources This year, Ethereum applications have exploded into…

    2022-01-18 Ethereum News
  • Metaverse, down in the App store

    2021 Metaverse, a “Song of Ice and Fire” The time has come to 2022, and the noisy “First Year of the Metaverse” has finally passed. Looking back at the past year, some people are arguing about the concept of the Metaverse, some people are “frying” it, and some people are doing it at the same time. More or less, several products have been launched (or iterated), such as domestic Xiyang and Hongyu Universe. , TheSandbox, Horizon Worlds, Roblox, etc. abroad have also attracted a lot of traffic. A glimpse of…

    2022-01-18 Metaverse & NFT News
  • P2E: Emerging Game Modes in the Metaverse

    In 2008, a true story. During college, the brother who slept in my lower bunk played a computer game – “Blood Rivers and Lakes” day and night, and neither the final exam nor the postgraduate entrance examination could stop him. In the end, it was a gun in the game that made him change his ways. Because he sold that piece of equipment to a Beijinger, the price was as high as 3,000 yuan, and he was at ease for a long time. bloody rivers and lakes In 2021, two…

    2022-01-18 Metaverse & NFT News
  • Taobao Douyin Xiaohongshu “Purchase” Metaverse

    The VR market is still under cultivation, but the dark battle has begun. The Metaverse is just the beginning. The new consumption of the Metaverse represented by VR may set off a storm. Zugberg changed the name of the company to Meta at the Facebook Connect event in November last year, which led to a surge in sales of its VR product, Oculus. Image source: Oculus.com In China, VR products have also gone through a period of disillusionment, and now they are “burning” again due to the overwhelming information bombardment…

    2022-01-18 Metaverse & NFT News
  • The “virtual fire” of the Metaverse is burning more and more: the cultural tourism industry and capital need more new stories

    Is it a real layout or a “heat”? The “fire” of the Metaverse is false and real, and it is burning more and more in the field of cultural tourism. On January 10, Shanshui Bide announced that the company signed a “Strategic Cooperation Agreement” with Shenzhen Fairy Tale Dad Culture and Tourism Technology Co., Ltd. (referred to as “Fairy Tale Dad Culture”) and Shenzhen Huafu Information Technology Co., Ltd. Carry out strategic cooperation in multiple fields (including but not limited to Metaverse Technology, Metaverse Theme Park, etc.). On the 11th,…

    2022-01-18
  • Coordinated Development of Green Finance and Blockchain

    In the context of the continuous development of low-carbon economies in various countries, green finance has become one of the focuses of development in many countries around the world. In recent years, the concept of “green finance” has been increasingly sought after by many domestic financial institutions, and has become the focus of general attention from all walks of life. Especially in 2021, the dual-carbon policy “carbon peak” and “carbon neutrality” have become popular words. “Green finance” has also received more attention. The definition of green finance includes the following meanings: First, the…

    News 2022-01-18
  • Progress of Consensus Algorithms

    In the past two years, with the ecological development of public chains such as Ethereum , there have been many applications. Although Defi and NFT applications are relatively “simple”, the overall operation volume on the chain is large, which makes users and developers still believe it. The processing power of Ethereum and the processing power of other public chains. However, an important advantage of other public chains compared to Ethereum is that the gas fee of Ethereum is too high, and the gas fee of other public chains is extremely low. The…

    News 2022-01-18
  • Web3 startups have all the ingredients for an explosion of innovation

    2021 is a pivotal year for the Web3 industry, which has grown from a nascent community to an emerging industry. Over the past year, we have seen a massive influx of talent and capital into the Web3 ecosystem, resulting in a lot of innovation in the underlying infrastructure and consumer-facing DApps. They are disrupting money, finance and even the internet itself. Chance Web3 refers broadly to the Internet owned by its builders, users and creators. Destroy centralized institutions by leveraging tokens and decentralized technology. Cryptocurrencies, DeFi and NFTs, these are…

    2022-01-18 News
  • SBF: Substantial progress in global crypto regulation in the coming year

    Recently, Fox Business conducted an exclusive interview with Sam Bankman-Fried, CEO of cryptocurrency trading platform FT X. In the interview, SBF talks about what makes Bitcoin fall, the relationship between Bitcoin and stocks, regulation and Bitcoin spot ETFs, and the future of the Metaverse. Rhythm BlockBeats organizes and translates the interview content as follows: Bitcoin has been on a multi-day losing streak, falling below $40,000 a few days ago, setting a new low since September 2021. Currently, Bitcoin has recovered to around $41,000. Going into 2022, many investors are still…

    News 2022-01-18
  • To buy an NFT I learned English and drawing

    At the beginning of the new year, the NFT market once again ushered in an unprecedented grand occasion. Just over half of January, the transaction volume of the OpenSea market reached a record high. As of Jan. 17, OpenSea’s monthly turnover reached $3.4 billion, with more than 1 million users, according to Dune Analytics. Compared with the previous climax, the current NFT project has made a qualitative leap, and the project party has become more mature and professional. Well-made projects will naturally attract the attention of collectors, and with the increase in popularity, most…

    2022-01-18 Metaverse & NFT News
  • Dialogue with LooksRare: Only when a hundred flowers bloom can promote the development of the industry

    LooksRare was officially launched on January 11 and airdropped Tokens to OpenSea users. Its arrival caused a great sensation in the NFT field, and the transaction volume even surpassed OpenSea for a time.                    Looks Rare More and more friends want to know more about LooksRare. This time, NFT Labs interviewed Arya, the Chinese person in charge of LooksRare, to help everyone understand LooksRare more clearly. Q1: LooksRare is an NFT platform that everyone is very interested in at present, please let…

    2022-01-18
  • 2022: The Rise, Opportunities and Prospects of DAOs

    In 2021, with the fire of concepts such as blockchain and Metaverse, another derived term, DAO, is also widely concerned. The development of DAO has undergone many changes. While the concept of decentralization has been deeply rooted in the hearts of the people, the organizational model of DAO has been adopted by many organizations and institutions. Through the collective governance of the community, the continuous development of organizations and institutions has been promoted. At the same time, DAO has also shown a diversified development, with a large number of projects…

    News 2022-01-18
  • Inventory of Near’s Metaverse/NFT Ecology Worthy of Attention

    In 2022, Near will shine. According to data from Coingecko, NEAR has increased by 132.1% in the past 30 days and 44.3% in the past 7 days, far exceeding the increase in Bitcoin during the same period. Not only that, but on January 16, NEAR hit an all-time high of $20.44. In addition, a recent annual report issued by the encrypted venture capital Electric Capital shows that according to the average number of monthly active developers in 2021, NEAR has become the sixth largest developer ecosystem, and the top five…

    2022-01-18 Metaverse & NFT News
  • IRS may impose different taxes on NFTs and cryptocurrencies

    In the digital realm, not all taxes are created equal. In the midst of the NFT craze, wealthy owners may pay different tax rates on the growth of such holdings. Specifically, investors selling NFTs may be required to pay a federal tax rate of up to 31.8% on any gains. By contrast, the appreciation of bitcoin , ethereum and other digital coins is taxed at the top rate of 23.8%. This is because NFTs can be collectibles in terms of taxation. Collectibles are subject to a higher top tax rate on capital gains relative to assets such…

  • How will the new public chain and Ethereum evolve in 2022?

    In 2021, DeFi is growing at an unprecedented rate, with DEX trading volume tripling and total value locked (TVL) quadrupling. As Ethereum transaction fees soared, the rise of L1, a new public chain with faster transaction speeds and cheaper fees, caused Ethereum’s market share to drop by more than a third in a year. Crypto users are attracted by a vibrant new public chain ecosystem and cheap fees, especially EVM-compatible public chains. For example, in the past year, BSC’s TVL has grown from $62 million to $21 billion, an increase of 31,000%. As new public chains…

    2022-01-18 News
  • Christie’s and Sotheby’s test the waters in depth, and the amount of NFT is expected to exceed 20 billion US dollars in 2022

    Sotheby’s to auction history’s first NFT token Source: Kevin McCoy The NFT craze continues to rise, and Sotheby’s will auction the first-ever NFT token online from June 3 to 10 on this wave, “Quantum” from Kevin McCoy, which is bound to be exciting again. A huge wave rises. In the face of a large influx of good and bad works, as the first NFT token, it is undoubtedly one of the most important works in the NFT circle, both in terms of creativity and history. At the same time as the auction,…

    2022-01-18 Metaverse & NFT News
  • DeFi Analyst: Why OHM Failed and ve(3,3) Can Save It

    On January 17, OHM plummeted by nearly 50% due to the sell-off of giant whales. The total lock-up volume of OlympusDAO has dropped by 75% from the highest point, and the price of the token OHM has dropped by 90%. DeFi analyst kamikazΞTH ve(3,3) posted on the 18th to analyze why OHM fails and how the ve(3,3) model can provide a solution. (Note: (3,3) is a win-win strategy in game theory, and ve(3,3) is a new token release model proposed by Andre Cronje.) 1. Why does OHM fail, and how does the…

    DeFi News 2022-01-18
  • The additional issuance of USDT promotes Crypto inflation?

    Coinage is more friendly to price increases, but it has no strong correlation with price increases or decreases, and coinage has little effect on price increases Minting coins do not have much predictive value for “+V” and “+L” market prices Compared with the process of price increase, stablecoin minting has a greater impact on price rebound The increase in the price of Crypto has no direct causal relationship with the additional issuance of USD stablecoins. On the contrary, it is more convincing to say that “market demand has put pressure on…

    2022-01-18 News