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  • Top 3 Coins to Watch – Week 41

    Top 3 Coins to Watch – Week 41

    As we enter the final quarter of the year, several projects are moving ahead with continued development. This week’s selection of top three projects to keep an eye on focuses heavily on decentralization. A decentralized options trading protocol, a DEX governance token and a decentralized cloud computing protocol are featured.

    1. Hedget (HGET)

    Hedget is a decentralised options trading protocol that allows its users to create and trade different option series by depositing some collateral. Doing so, users can hedge the price fluctuation and the risk in their collateralised lending positions. The protocol also utilizes a Layer 2 scaling solution to enable faster, cheaper, and more complex transactions.

    HGET Liquidity Mine V1 to Launch on October 5

    Hedget developers have recently announced the kick-off of the HGET Liquidity Mine V1 program, which aims to provide more liquidity to automated market making platforms (AMMs). Users providing liquidity to the HGET/ETH pool will be rewarded in HGET tokens with higher rewards dedicated to those who participate from early on and those who decide to deposit larger amounts of funds. Liquidity providers will enjoy a dynamic APY based on a bonding curve (260% to 110%) from the Uniswap’s liquidity mining reward pool. A reward pool of 7500 HGET with an additional 2500 HGET bonus pool was set in place to pay out the incentives. The program will start on October 5 with a 2-week locked staking period. More info about HGET Liquidity Mine V1 can  be found here.

    2. Uniswap (UNI)

    UNI is a governance token of Uniswap, an automated liquidity protocol and currently the most popular decentralized exchange (DEX). UNI tokens are ERC-20 tokens that allow holders to decide on the future of Uniswap protocol by voting on proposals. The governance token holders also oversee the usage of funds from the community treasury, and the protocol’s fee switch.

    Version 3.0.0 Release and Liquidity Mining Launch   

    The governance token of currently the most popular DEX continues to be a hot asset as the DEX’s popularity and trading volumes continue to rise. The team, which has recently released the Version 3.0.0 of the Uniswap protocol, is now preparing everything needed for the move from HTTP to IPFS, a peer-to-peer based hypermedia protocol. In addition, Uniswap is set to launch its UNI liquidity mining service on the Coinlist platform this month. With many more updates and upgrades to come (all information is available on Uniswap’s Github page) UNI definitely remains a must-watch or should we say a must-have token.

    3. Ankr Network (ANKR)

    Founded in 2017, Ankr aims to build a resource and cost-efficient Distributed Cloud Computing blockchain. The project’s proprietary cloud infrastructure connects enterprise-grade datacentres from all around the world, into a network, that makes it easy to deploy Web3 applications. The project also puts a lot of effort into providing a user-friendly infrastructure for businesses that want to build on its platform.

    Ankr Released Stkr Public Testnet

    With cryptocurrency staking becoming more and more popular and Ethereum 2.0 launch just around the corner, Ankr looks to expend its offering with a new service dubbed Stkr. Stkr is an Ankr-based protocol for decentralized proof-of-stake infrastructure, that will allow users to run Ethereum 2.0 staking nodes on the platform and become a hosting service provider by staking ANKR and ETH. Later on, the team plans to add support for other PoS blockchains such as Polkadot, EOS, and Binance Chain. Its micropools feature will lower the barrier to participate in staking, as also users with less than 32 ETH will be able to participate in a hosting pool. Stkr began Ankr internal testing on October 1. The testing phase, which is expected to take around 2 weeks, will be followed by a Stkr public testnet release. The team noted that we can expect the public testnet sometime in the second half of October in its ‘Countdown to Stkr’ blog post.

  • Top 5 Ethereum Trends for 2021

    Top 5 Ethereum Trends for 2021

    Ethereum is the second cryptocurrency platform by market capitalization, and it’s poised to become an even bigger part of the cryptocurrency and blockchain ecosystem in the future. For anyone that’s building a decentralized application or launching a token, Ethereum is the first blockchain to consider – Ethereum already has a thriving ecosystem, the largest development community in crypto, and an unmatched set of tools and resources that savvy developers and entrepreneurs can leverage to their advantage.

    The future is looking bright for Ethereum – here are the 5 most important Ethereum trends to follow in 2021.

    Ethereum 2.0 will start rolling out

    The Ethereum project is transitioning towards a proof-of-stake consensus mechanism, which will make Ethereum much faster and cheaper to use, and make the platform more environmentally friendly. Ethereum 2.0 will not just be about proof-of-stake, but it will also introduce sharding, which will have a tremendously positive impact on Ethereum’s scalability.

    In 2021, the transition will likely already be in effect on a technical level, and ETH holders will be able to actually start staking their tokens to earn a passive income on their holdings. Even though the minimum requirement for full validators is 32 ETH, even users who hold smaller amounts of ETH will be able to participate by joining staking pools.

    The full deployment of Ethereum 2.0 will take several years to complete, but Ethereum 2.0 will likely be one of the most important cryptocurrency and blockchain trends of 2021. 

    The DeFi ecosystem will keep evolving

    Decentralized finance or DeFi is currently on the minds of all cryptocurrency investors, and for good reason – DeFi application provide an unprecedented level of access to financial services such as lending and trading to everyone, regardless of their financial status or country of residence.

    Users are flocking to DeFi protocols as they attempt to find promising new projects, and take advantage of yield-bearing opportunities by strategically lending and borrowing crypto assets. This trend is known as “yield farming”, and could see continued growth in 2021 and beyond.

    Decentralized finance projects like Maker, Uniswap, Yearn Finance, Aave and Compound will likely continue to be major players in the cryptocurrency space, and become even more useful as developers upgrade their functionality and community members craft the best governance proposals to take these platforms to the next level. 

    NFTs and digital art

    The unique properties of blockchain technology enable the creation of digital assets that are provably scarce – unlike computer files, where two copies of a file are indistinguishable from each other, the authenticity of non-fungible tokens or NFTs can be easily verified on the blockchain.

    Ethereum is currently dominating the NFT sector, and this is unlikely to change moving forward. NFTs can be used to create scarce digital art pieces, digital collectibles, video game items, and much more. 

    While there’s already a flourishing movement of digital artists that’s emerging around NFT technology, major corporations are also taking notice. The NBA has approved an NFT-based game called NBA Top Shot, while the MLB is officially licensing MLB Champions, a game where players can collect their favorite pro baseball players represented as NFT tokens.

    Ethereum will remain the dominant platform for tokens and stablecoins

    The majority of developers and entrepreneurs who want to create their own custom blockchain-based tokens will most likely continue to use Ethereum as their primary option. Tokens launched on Ethereum can be transferred using popular cryptocurrency wallets, seamlessly traded on decentralized exchanges and integrated into decentralized finance protocols. 

    While we’re on the subject of Ethereum-based tokens, we shouldn’t ignore stablecoins. Stablecoins are crypto tokens that are designed to track the value of real-world assets such as fiat currencies. Ethereum is the primary choice for the most widely adopted stablecoins such as Tether, USD Coin and Paxos Standard Token.

    Blockchain-powered gaming

    Ethereum is being leveraged by major blockchain gaming projects such as Enjin and Gods Unchained. The Ethereum blockchain opens up unique avenues for games, for example giving gamers the ability to transfer items between different games.

    Ethereum is also gaining more and more adoption on online betting platforms and crypto casinos. Casinos that accept Ethereum in 2021 will undoubtedly benefit from the increased adoption and utility of ETH. For users who are looking for an online casino that accepts ETH in 2021, newcasinoonline.com is one of the best ways to get started.

  • CryptoGames Casino Review: A Provably Fair Crypto Casino Offering Blackjack, Video Poker, Roulette, Dice and Many Other Games

    CryptoGames Casino Review: A Provably Fair Crypto Casino Offering Blackjack, Video Poker, Roulette, Dice and Many Other Games

    The web is currently full of Bitcoin casinos which offer a large amount of gaming option as well as sports betting options. For somebody who is only starting or that wants just to dip his feet into this pastime, it’s then easy to feel overwhelmed with all the options that are available on the market. This is where CryptoGames comes in. You can forget about the cluttered UI’s with thousands of shoddy gaming options, because CryptoGames goes completely in the other direction. The site’s main goal is to deliver a polished experience with its 8 games, each of them very well-made and easy to get into. Does it succeed in doing so?

    The site certainly offers a lot of clever solutions and ideas to the crypto casino world and to keep it short, it should be a very enjoyable experience for most visitors. Now, if you want to read more about all that the site has to offer, you can read a short overview of the features below.

    The positives:

    • Faucet system
    • Game fairness and transparency
    • Chat system that encourages interaction and helps build a sense of community
    • Coinswitch integration
    • Sleek design

    The negatives:

    • Huge list of countries which don’t allow its residents to register
    • Relatively small selection of games
    • No first deposit bonus

    UI and different platform support

    The first thing that hits you it’s that the design is quite slick and very user-friendly. The main page features all the games and each of the 8 is at the very most just two clicks away. CryptoGames offers the same experience on mobile devices which is quite remarkable, as the mobile version offers the same functionality and features as the desktop variation.

    After you select your preferred game you will be prompted to choose which cryptocurrency you would like to use and after that you will be ready to go. All the games offer useful features like statistics, top rankings and your bet history on the game.

    Community

    One of CryptoGames best features is the chat feature, which enables players to interact with opponents, make friends and communicate/interact in more ways than a normal instant messaging service would let you.  Some key features that you can use:

    • the option of buying lottery tickets that you can share with others
    • the ability to do coin flips by using a special command in chat(!flip)
    • You may share your bets with your friends by inputting !bet [game] [bet ID number]
    • You have the ability to tip your opponents or your friends with your cryptocurrency of choice by inputting !tip [nickname] [amount] [coin] (as an example, !tip theRockJohnson 0.001 BTC),

    Emojis are also enabled, so that you can add a bit of flair to all of your interactions. You can check the list of emojis that are included in the chat here.

    The creators of the site have found an interesting way of enticing the players to use the chat feature – the more you use the chat, the more your “player level” grows and increases, which in turn means that you get to experience bigger rewards. Each single chat gets you one point, but just constantly spamming random gibberish will not make you get more points and it may in fact lead to an account ban. Your point total can always be checked in the “Rewards” tab, meanwhile to avoid being booted from the site, you can read through all the rules and possible commands here.

    List of supported cryptocurrencies and different payment options

    Currently CryptoGames accepts payments from the following 10 cryptocurrencies: Bitcoin, Bitcoin Cash, Litecoin, Ethereum, Monero, Ethereum Classic, Dash, Dogecoin, Stratis and Gas. No fiat options are available as of now.

    The process is quite simple and for a new deposit, you only need a single confirmation. Deposits from exchanges usually clear in no time, meanwhile deposits that are sent directly from your wallet may need a bit longer.

    Withdrawals are also done very quickly, with Ethereum withdrawals being the fastest (1 min), while the other coins tend take up to 5 minutes. Withdrawals have also a minimum withdrawal amount, which is currently set at 2 mBTC — milibitcon — 0.002 BTC.

    There is a withdrawal fee for withdrawing your hard-earned coins. You can choose which-ever option you like, but keep in mind that the fee is connected to how quickly your transaction can be confirmed: bigger fee, quicker transaction confirmation (although keep in mind that the transaction speeds are also impacted by the coin’s network statuses). More details on the topic can be found on the “Deposit and Withdrawal” tab.

    Registration

    The registration process is predictably very simple, sleek and fast. You choose your new nickname, solve a Captcha and you’ll be ready to roll and explore the site and even try some games.

    To experience the site to its full potential and to use all of the features though, you will have to complete also the following three steps.

    1. E-mail verification. After the e-mail verification, your account will be given access to deposits, withdrawals and the chat feature.

    2. Verification via SMS. This will grant you two additional faucet levels

    3. Personal ID verification. This step will disable the speed limit on dice.

    Until you complete these steps you are free to use the play money that is given at your disposal at the start. With the play money you will be able to experience the different type of games available to you and find the ones for which you would like to deposit your funds. There is also the interesting “faucet system” which enables you too periodically gain little amounts of your preferred cryptocurrency that can be then used on CryptoGames. You can read up on this system on the “Faucet reward system” section.

    Registration Bonuses

    The site does not offer a bonus for your first deposit, but they level the playing field by offering a bunch of different promotions for their player, like loyalty point deposit bonus and friend referrals. Each new player starts at the lowest loyalty level, but by staying active, playing games, making new wagers, one can quickly rise through the ranks and receive bigger and bigger rewards.

    Referrals

    For each new player that you invite, CryptoGames divides 15% of the house edge for them and the share is distributed to every game equally (it is calculated based on betting amounts). If you would like to arrange for a custom rate, you have the ability to do so by contacting marketing@crypto.games.

    Faucet reward system

    As mentioned, as players rank up their loyalty levels, the rewards that are available to them steadily grow – their faucet rewards increase. At the lowest level a player can request just 10 faucets each day and for each time he will be awarded just a small amount of free BTC, 0.00000050 BTC at rank 0 to be exact.  In comparison, at the highest level attainable, level 35 (appropriately called “Brigadier General”), one is able to tap into the faucet up to 60 (!) times per day, gaining 0.00006150 BTC per faucet.

    The whole system is neatly explained in the “Rewards” tab of the site, where you will be able to read up more on it.

    Game variety

    CryptoGames, has made available for its users a selection of 8 interesting and fun games. As CryptoGames take the fairness of their games very seriously, they made sure that their players have the option to check the inner workings of bets, house edges and other information with the help of the “Provably fair” tab. Nearby you will also find the “How to play tab”, which will show you the ropes and hopefully teach you on how to win big.  Here’s the full list of available games with the house edge included next for each of them: Video poker (2.1%), Minesweeper (1%), Roulette (2.7%), Plinko (1.7%), Slot (1.97%), Dice (0.8%), Blackjack (1.253%), Lottery (0%).

    Periodical wagering competitions

    CryptoGames monitors numerous wagering rankings – for each cryptocurrency independently, and every month the give awards to those that have ranked near the top. As an example, one of the winners from February of this year wagered 85 BTC on the site and received a reward of 0.17 BTC! For a proper breakdown of the leaderboards, how the winnings are being split and other details you can click on this link.

    Customer support

    If you have any problem or you need to contact the customer support at CryptoGames, you can do so by sending them an e-mail at support@crypto.games or shoot a DM to the moderators of the CryptoGames chat. The company is also reachable and present on all the biggest social media platforms (Twitter, Facebook, Google+. ) as well as on the Bitcointalk forums, where there’s a CryptoGames thread in which questions can be made and answers can be had.

    Company Info

    CryptoGames is operated by MUCHGAMING B.V., a Curacao-based private LLC. The site holds an international eGaming license no. 1668/JAZ, which was granted by the Government of Curacao.

    Unfortunately, at this moment, the registration is forbidden to residents of Australia, Aruba, Belgium, Bonaire, Curacao, Czechia, Denmark, Estonia, France, Greece, Hungary, Hong Kong, Iran, Israel, Italy, North Korea, Romania, Saba, Sint Eustatius, Sint Maarten, Slovakia, Slovenia, Spain, Syria, Turkey, The Netherland, United States, United States Territories, and the United Kingdom.

    Final thoughts

    As mentioned in the review, CryptoGames has a lot to offer and there’s a lot to enjoy. The mantra of “secure, transparent and easy to use” can be seen throughout the site and it’s not surprising that the site’s popularity is growing. Another reason for the popularity may well be the strong sense of community that is brought to the forefront by the neat chat, as other Crypto Casinos feel “dead” compared to CryptoGames and its bustling community. The faucet system is also a nice idea that compliments the chat system very well and keeps the community engaged. It’s a clever reward system that satisfies rookies and veterans alike and, more importantly, never stops being rewarding. One can say that a minus for CryptoGames is that it doesn’t offer a bigger selection of games, but each of the games that is present on the site is expertly made and a fun experience.

    Unfortunately, CryptoGames does have also some negative aspects. The main one being the extensive list of restricted countries. The small line-up of games also emphasizes the lack of some other betting options, for example it lacks of a sport betting option or a live casino. All in all, the site is good, but it may not the one stop shop for all of your crypto casino needs.

  • CryptoSlots Casino Review: Pros and Cons Game Variety, Bonuses, Support

    CryptoSlots Casino Review: Pros and Cons Game Variety, Bonuses, Support

    Rated 4.4 out of 5

    CryptoSlots is a slots-focused crypto-only online casino established in 2018. While the casino’s parent company Slotland Entertainment S.A has more than 20 years of experience in the gaming industry, the relatively new CryptoSlots platform still needs to prove itself and claim its market share. With that being said, we believe that CryptoSlots is a great casino for those who primarily enjoy playing video slots.

    The pros of CryptoSlots Casino:

    • Specialized in video slots
    • Very competitive bonus and a 3% cashback program
    • Easy to navigate, due to its clean design and super-responsive website
    • Incentivizes players with Jackpot Trigger, Crypto Lotto, VIP Program and other promotions
    • Fast and reliable customer support
    • Simple and straightforward registration process
    • Affiliate program featuring up to a 50% commission

    The cons of CryptoSlots Casino:

    • Relatively small selection of games since the casino focuses on slots
    • Only supports payments made in four different cryptocurrencies
    • No native Android and iOS applications

    1. CryptoSlots Casino features overview

    CryptoSlots.com is an online cryptocurrency only casino. The gambling site, developed and operated by an established player in the gaming industry Slotland Entertainment S.A., heavily focuses on video slots. Nevertheless, the platform offers a limited selection of poker games and Keno alongside the wide variety of offered slots. All featured games a provably fair and the casino claims that its staff is experienced and its platform player-focused.

    First-time users and registration process

    Creating an account at CryptoSlots casino is easy and straightforward, as it should be on all platforms. To become a registered player simply click on ‘Play Now’ or ‘Sign up’ button. You will need to enter your email address, pick a username and password, and agree with the casino’s terms and conditions. Your account is created instantly, but to make the first deposit, you will need to verify your e-mail address.

    Supported payment methods

    CryptoSlots is a cryptocurrency only casino, meaning that it does not accept deposits in fiat at all. Nevertheless, once the cryptocurrency transfer arrives to CryptoSlots, the deposited amount is converted into USD, which is also the currency in which your account balance and all the bets are denominated. For the conversion, CryptoSlots uses an exchange rate that is calculated by averaging the rates from selected renowned cryptocurrency exchanges. While the casino says that the exchange rate is updated every 15 minutes, there is no easy way to know exactly how much USD you will be credited for your crypto deposit in advance. You should not forget to check your e-mail or platform inbox as you will find codes for welcome bonuses on your first three deposits there. Enter the codes prior to making a deposit, to be eligible for the bonuses!

    To be fair, CryptoSlots features quite a limited selection of supported cryptocurrencies for a crypto only online casino. Nevertheless, you should be able to easily make a deposit as the four supported cryptos are among the most used ones.

    The casino supports payments in:

    Deposits and withdrawals

    Deposits are processed instantly, and the minimum deposit amount is the equivalent of $25 in your chosen cryptocurrency. At the time of writing, this limit stands at 0.00238 BTC, 0.1122 BCH, 0.5445 LTC, and 0.2393 XMR, respectively. CryptoSlots recommends using Litecoin for its speed and lower transaction fees and Monero for its high level of privacy. The deposit amount is capped at the equivalent value of $50,000.

    The minimum withdrawal amount is $25 and is paid out the following business day. There is no described maximum withdrawal amount. To request a withdrawal all deposits should be in the “Confirmed” state. CryptoSlots also notes that all deposits must be wagered at least once, and that the currency of the last deposit determines the currency of the following withdrawal.

    User interface and mobile support

    The website design and lay-out is clean and simple. There are no annoying jackpot notification pop-ups and the ongoing promotions are not intrusive. Perhaps also because of this the website responds very swiftly to all the clicks and scrolls and is a pleasure to use. The simplistic design makes it easy for you to find your favourite Casino game. At the same time all important info regarding deposits, withdrawals, and terms and conditions is accessible through the website’s header or footer.

    While CryptoSlots does offer a mobile version of its website that is slightly more suited for the use on smaller touchscreens, the casino has no native iOS or Android app, which would make gaming on the go even easier.

    2. Game variety

    As the name implies, CryptoSlots focuses on video slots. The casino’s selection of games is not very wide, but those games that are there work swiftly and are easy to play. The platform features 60 different casino games, most of them from the category of video slots:

    • Video slots (48), out of which:
      • 17 are Mega Matrix slots
      • 7 are High bet limit slots
    • Jackpot slots (1)
    • Poker games (10)
    • Keno games (1)

    Sportsbook and Live Casino Games

    The CryptoSlots casino does not offer sports betting, nor live casino games at the moment. Furthermore, even the selection of other casino games is limited, as the site heavily focuses on online video slots. For example, there is no roulette, dice, baccarat, blackjack and other otherwise popular casino games on CryptoSlots’ platform.

    3. Bonuses, promotions and affiliate program

    CryptoSlots casino offers a competitive welcome bonus package and a 3% cashback program. Loyal and big players are taken care off through the casino’s VIP program, while all users receive Crypto Lotto tickets and Jackpot Trigger Tokens based on their betting activity. In addition, the casino issues special time-limited promotions from time to time. Just now, there is a 100% deposit bonus promotion to celebrate the launch of Hot Hit slot machine in effect.

    The Package of 3 red hot welcome bonuses

    The CryptoSlots Casino offers an astounding 133% bonus on your first deposit to the platform. Once again, you should enter the bonus code prior to making your first deposit. For second and third deposit, the casino offers a 77% and a 99% percent bonus, respectively, which is still slightly above the industry’s average.

    All the bonuses require that the users redeem a bonus code prior to making a deposit! Each bonus must be wagered at least 35x and is valid for 90 days. The maximum bonus amount is $500 for each bonus, capping maximum cumulative bonus at $1,500. Maximum cash out is $5,000 per bonus, which does not include wins resulting from play with Jackpot Tokens.

    Weekly 3% Cashback bonus

    The platform offers a fixed 3% cashback bonus on your net loss, which is calculated as the sum of your bets minus the sum of all wins and bonuses received. Players receive the Cashback bonus code via e-mail every Wednesday for their previous week’s (Monday to Sunday) net loss. While the cashback percentage is relatively low, this bonus enjoys a super low wagering requirement of only 1 roll over. The maximum amount of cashback bonus is $1,000 per week.

    Jackpot Trigger

    CryptoSlots gives all its customers the chance to become a millionaire with its Jackpot Trigger slot. The slot can only be played using Jackpot Tokens, which are earned at the ratio of 1 Jackpot Token for every $100 won on other games. The Jackpot Tokens never expire, but the casino encourages players to try out their luck as soon as they have a balance of one or more Jackpot Tokens. Wins on the Jackpot Trigger range from $1 to $1,000,000. It must be noted that these are real money wins that transfer to your cash balance and are excluded from bonus limitations. During the special promotion, you receive 25 free Jackpot Trigger tokens upon your first deposit.

    Crypto Lotto

    CryptoSlots also holds a monthly Crypto Lotto contest that features 20 winners and a progressive 1st place prize of at least $10,000. Second place and third place prizes stand at $5,000 and $1,000, respectively.

    To enter the lottery, eligible users need to wager at least $100 in one day on CryptoSlots platform. For every day that they do so, they receive 1 Crypto Lotto ticket. Winners are announced at the beginning of every month.

    VIP Program

    For returning and loyal players, CryptoSlots has set up a special VIP Program. The perks of being in the VIP club include higher bonus reward, dedicated VIP manager and support, access to VIP-only promotions and special attention from the casino in the form of gift vouchers, gadgets, and other VIP gifts.

    CryptoSlots does not disclose a spending or betting volume threshold to enter these exclusive ranks. In fact, the entry to the VIP Program is invitation only. The company simply says that the more you play in their online casino, the closer you get to receiving a VIP club invitation. Furthermore, CryptoSlots reserves a right to change or revoke users’ VIP status at any time at their own discretion.

    Affiliate program

    If you are interested in partnering with CryptoSlots to promote the casino on your website, or YouTube and social media accounts, the company can offer you up to a 50% share of revenue generated by your referrals. Slotland Affiliates boasts with reliable and swift payouts, dedicated affiliate management team and the fact that the commission is paid out over the whole lifetime. In addition, affiliates can enjoy the benefit of no negative carryover, meaning that their balance is reset to zero at the beginning of each month, should they decide to play with earned commission and dive into the red numbers.

    The registration process consists of filling out a simple form. For additional information, you can refer to the Slotland Affiliates FAQ, Terms & Conditions, or write an e-mail to program@slotlandaffiliates.com.

    4. Customer support and regulation

    Customer Support

    The customer support of the CryptoSlots online casino is accessible 24/7 either through the embedded live chat functionality or via e-mail support@cryptoslots.com. Judging by my personal experience, I can say that the support via live chat was swift and the staff kindly answered all my questions. Customer support via phone is not offered.

    Licensing and restricted countries

    CryptoSlots is operated by Slotland Entertainment S.A., which is registered at the address Suite 2100, ACS, B.P. 269, Mutsamudu – Anjouan, Union of Comoros. The Company is licensed and registered by the Government of Anjouan an autonomous island country located in the Indian Ocean. License Number is L2100. Players need to make sure that engaging in online gambling is legal under their jurisdiction on their own. CryptoSlots also supports responsible gaming and list organizations that can provide help in case of gambling addiction.

    Verdict

    The CryptoSlots Casino does come with some trade-offs, such as the fact that only four different cryptocurrencies are supported and that the game variety is far below average. However, if we overlook these facts, the CryptoSlots casino is a simple and friendly online casino that specializes in video slots.

    Despite the small selection of games, the casino has almost everything that a slot lover could ever want. Both the platform’s website and customer support work swiftly, which makes gaming on CryptoSlots hassle-free and a real pleasure. The user experience is further bettered by the generous welcome deposit bonus package, 3% cashback bonus, and various time-limited promotions. All users receive Crypto Lotto tickets and Jackpot Tokens based on their wagered volume, while big players can get drafted into the exclusive VIP Program.

    To conclude, we believe that everyone that is a fan of video slots should give CryptoSlots a try. Even in the not-so-big repertoire of slots, you should be able to find a suitable game for your gambling needs. A pleasurable gaming experience awaits.

  • 29th September: Bitcoin Leads, Ethereum Follows, Both Edging Up

    29th September: Bitcoin Leads, Ethereum Follows, Both Edging Up

    Konstantin Anissimov, Executive Director at CEX.IO

    BTC/USD

    The BTC/USD trading pair opened at $10,686 on Tuesday, 29th September, slightly below Monday’s open. The pair began the day on an upside course and continued that way later in the day, moving in waves. This local uptrend was observed until 15:00 UTC when a new hourly candlestick took the pair lower to the day’s open in a moment. The following slight rebound took the pair to the hour’s close at $10,790. Minutes later, the pair broke lower below $10,670 but finished the hour with a long lower wick, a short upper wick, and a small bearish body, forming a hanging man with a close at $10,703.

    The hanging man on the hourly timeframe was a good foundation for an upside reversal in the evening hours, and the reversal followed. At 18:00 UTC, the price began edging higher and closed the hour $58 above the open at $10,761. Less pronounced but still bullish, three hourly candlesticks followed up on that spike until 22:00 UTC. In the 22nd hour, the price paused at a local resistance formed around the day’s high. However, in the day’s closing hour, Bitcoin broke above the level to as high as $10,890 and closed the day at $10,875, adding $76 in one hour – the most progress in one hour on the day. In total, BTC/USD added 1.61% in Tuesday’s session.

    ETH/USD

    ETH/USD moved slightly down at Tuesday’s open, slipping toward $352 at 6:00 UTC. Then a local upside move began, mimicking Bitcoin’s dynamics through to 14:00 UTC, after which a corrective move followed. In the hours when Bitcoin slipped to the day’s new lows, Ethereum showed more resistance to the downside pressure, holding above $352 at 16:00 – 17:00 UTC. Eventually, ETH/USD finished the 17th hour of the day in the positive zone, closing at $355.5.

    Later, following Bitcoin’s upside move, ETH/USD began edging back to the 0.5 Fibonacci level positioned at $358.5, starting at 19:00 and through to the end of the hour. In the next few hours, the pair was modestly climbing up to above $360, with the last hourly marubozu candlestick closing the day at $361, which translated into 1.86% growth for ETH/USD on Tuesday.

    What to expect later this week

    Bitcoin appears stagnant in the range of $10,980 – $10,720, with the mid-September sideways channel limiting Bitcoin’s further upside progress. However, Bitcoin is sitting above the 50-period simple moving average on the 4-hour chart and the 20-day simple moving average, which is positive for the buyers. The local resistance at above $11,100, formed on 19th September, and the 50-day SMA are the most prominent barriers Bitcoin will have to overcome to pave the way to $11,625.

    With the positive dynamics for Bitcoin in the past few days, we are eligible to expect a continuation of the upside move later this week. Because the 50-day SMA is likely to have a major impact on Bitcoin’s further price action, traders should pay close attention to it.

    Ethereum appears to be following Bitcoin’s price action to a large extent; therefore, those trading ETH/USD should keep track of the Bitcoin market situation. Presently, the 0.5 Fibonacci level and the mid-September lows are putting pressure on Ether, limiting its upside retracement. The ETH/USD pair seems locked in a limited price range between $351.5 and $364.50. However, with Bitcoin advancing higher on its ongoing uptrend, Ethereum can rise to the $378 daily resistance level, which is presently a major resistance level.

    With the positive dynamics in Bitcoin and the modestly developing recovery in Ethereum, traders can count upon Ethereum going higher this week – as high as $378. But the closest goal at hand for Ethereum will be to capitalize above the 0.5 Fibonacci level at $358.5, which will be a viable confirmation of further Ethereum gains.

  • Top 3 Coins to Watch – Week 40

    Top 3 Coins to Watch – Week 40

    This week’s selection of top 3 coins to watch features three altcoins, which belong to three promising projects. Since we are already a bit late with publishing the article, let’s cut right to the point.

    1. ChainLink (LINK)

    ChainLink aims to provide data and price oracles, which are essential for the normal function of smart contract-enabled blockchain platforms. ChainLink’s price and real-world data oracles have seen numerous implementations and their popularity has only been increasing. Their oracles are said to be reliable and trustworthy and the connection with smart contracts is end-to-end secured, leaving very little space for the manipulation of the execution of smart contracts. Furthermore, ChainLink is developing a framework, which allows developers to build customized decentralized oracles. The project launched in 2017, when it also raised $32 million of funding through an ICO. The ChainLink mainnet was launched in June 2019. The associated LINK token has a total supply of 1 billion tokens and is built on the ERC-677 standard.

    Technical analysis shows that LINK is at a breaking point pricewise

    LINK being featured in this article is largely a consequence of its recent price action. The token reached its all-time high of $20 on August 16, 2020, amidst the peak of the DeFi hype. The bullish market carried Link up and cemented the project among the top ten cryptocurrencies by market capitalization, where it remains until today, despite loosing more than 50% of its value since then. After a rather long bearish market, the price of LINK dropped to mere $7 last week, but in a swift recovery that followed, LINK reached a price above $10 again.

    As of now, the technical analysis shows that LINK is at a tipping point, as it could go either up or down from here. The token is currently trading just below the 21-day EMA, which coincides with the .618 fib extension. Both of which currently represent a major resistance level. Technical analyst Kevin Svenson believes, that if ChainLink manages to close the daily candle above this resistance level, it’s bound to go up to $13.25 (+30% from the current price). If it closes below that line, however, we might see a drop to $9.2 (8% drop). He advises not to place any orders until it is clear where LINK is headed.

    2. Uniswap (UNI)

    UNI is a governance token of Uniswap an automated liquidity protocol and currently the most popular decentralized exchange (DEX). UNI tokens are ERC-20 tokens and allow holders to decide the on the future of Uniswap by voting on proposals. The governance token holders also overs the usage of funds from the community treasury, and the protocol’s fee switch.

    Uniswap just released Version 3.0.0

    The team behind the project has just recently released the update 3.0.0 of the Uniswap interface, with further updates already scheduled. In addition, Uniswap v3 is set to move from HTTP to IPFS, a peer-to-peer hypermedia protocol. Uniswap users recently received 400 UNI tokens for each Ethereum address that interacted with the exchange, increasing the number of UNI available for trading. All recent changes to the protocol can be found on Uniswap’s GitHub repository.

    3. Lisk (LSK)

    Lisk is a blockchain platform and associated cryptocurrency that emerged in 2016 forking of Crypti. The blockchain boasts with extremely fast transaction times as a new block is created every 10 seconds. This as achieved by utilizing blockchain apps with their own sidechains and a Distributed Proof of Stake (DPoS) consensus mechanism. The project has also partnered with Microsoft, whose Azure Blockchain makes use of Lisk for its cloud computing infrastructure.

    Lisk Block Reward Reduction Took Place on September 27    

    The Lisk protocol saw its fourth block producer reward reduction this week. The event, which was scheduled to happen at block number 13451520, halved the reward from previous 2 LSK to just 1 LSK. This happened on September 27, 2020 at 10:58:12 PM (CET). The protocol started with a block producer reward of 5 LSK, but the block reward has seen a 1 LSK reduction each year. More information about the block rewards and fees can be found in the team’s official documentation.  Nevertheless, some investors believe that the block reward reduction will likely have little effect on the price of LSK. Perhaps we will see a reduced sell-pressure in the long run, but until Lisk rolls out some crucial updates, the token is going to trade sideways more or less. Lisk 3.0.0. is expected to launch in 2021.

  • Introducing Omni, the Next-Gen Social Platform Which Shares its Profits with Users

    Introducing Omni, the Next-Gen Social Platform Which Shares its Profits with Users

    Bitcoin Press Release: Omni.ai release details of their Social Media platform, which aims to provide the next leap in innovation with gamification & profit share.

    28th September 2020 – In 2020’s lightning-paced media landscape, and in response to current untapped technological opportunities, it’s imperative to innovate. The giants of today, and indeed yesterday, have all brought something unique to the table – from Facebook’s often-touted “7 circle of separation”, to Instagram’s feed, and now TikTok’s viral video-based success, unicorn status comes from breaking the mold and providing something nobody else has thought of.

    Gamification: The Golden Goose in a Market Begging for Something New

    Omni understands the importance of gamification & social reward in deepening and strengthening communities regardless of their location, age, or gender. Not only that, but to forge new connections between them, and to create new links between content creators and content consumers, which have not yet been available on any social media platform.

    To this end, interacting with fellow omni users gives users a chance to earn Omni. Inviting new users gives a chance to earn Omni Coins. In fact, everyday functions users pay little attention to on other social media platforms can all earn users Omni Coins – From following, sharing a status or video, chatting with friends, to livestreaming – almost every aspect of the platform has a real chance to win users Omni Coin. And that’s what is going to make Omni such a powerful force.

    “The first system that truly gamifies the delivery of crypto will rocket to exponential growth, upending the current system for good. That will set the initial playing field dynamically and allow players who never would have gotten into the game to compete. The more people who can participate, the more efficient and valuable the network becomes”

    Daniel Jeffries, Hackernoon

    The Power of Linking Profit & Activity

    Tapping into the innate human desire to be rewarded is an extremely effective way to engage users. And the true revolution in Omni’s app is powered by linking personal activity to company profit. Subject to applicable laws, the tokens earned on the Omni App can then be sold back to the company at a rate relative to company profit.
    What this means is that as user activity rises, company profits rise, which means that advertisers become more interested in the platform, raising profits. And since company profits dictate personal reward, this raises the users’ payouts which should result in a positive feedback loop.

    “Recent neuroscience has revealed that our dopamine system works to keep us searching through desire. The hunt itself is rewarding, and it explains why so many of our favorite mobile apps and social networks are so addictive”.

    Sheana Ahlqvis
    • Omni App – Proposed Feature Highlight
    • Secret Chat – Share disappearing messages with other users.
    • Stores – Businesses can create stores where users can shop using Omni.
    • Channels – Follow channels you like or simply create one for your audience.
    • Content – Create or follow channels for viral video content sharing & viewing
    • Dub & Duet – Dub your favorite song from the millions of songs & videos. Users can also perform duets with other Omni App users.

    For Omni, social media is, rightly, viewed as an absolute staple of modern day business. This is embodied in Omni’s design in tokenization, which is nothing less than a revolution in social media. The diverse range of capabilities offered by the platform will help users transform how they engage with their friends, family, businesses, brands, and more. The opportunity to allow users to benefit from their participation is the icing on the cake because users can earn Omni by spending time on the things they love.
    As they say, “social media should enhance your life, not detract from it.” Omni app does just that. One platform, multiple features. No intrusive message reading. Full privacy, and most of all, earn your share of the social media market you help to create.

    Don’t be a product of your environment. Make your environment your product. Check out the Omni website today to learn more at omni.ai

    Join the community on Telegram: https://t.me/omni_app

    Media Contact Details
    Contact Name: Manny Hernandez
    Contact Email: press@omni.ai

    About Bitcoin PR Buzz: Bitcoin PR Buzz has been proudly serving the crypto press release distribution needs of blockchain start-ups for over 8 years. Get your Bitcoin Press Release Distribution today.

    Omni is the source of this content. This Press Release is for informational purposes only. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. Cryptocurrencies and tokens are extremely volatile. There is no guarantee of a stable value, or of any value at all

  • DeFi in The World of Cryptocurrencies

    DeFi in The World of Cryptocurrencies

    If you have been paying attention to the world of cryptocurrency, you’ll have seen that there isn’t a day that goes by without some mention of DeFi (otherwise known as Decentralized Finance). Between September 2017 and September 2020, the value locked up in DeFi contracts has skyrocketed from around $2 million to almost $10 billion. Just in 2019, the total value locked into DeFi increased by 1,500%.

    With an increasing number of users (and therefore cash and volume) flocking toward DeFi applications every day, many experts consider DeFi to be an exceeding promising sector, one that looks set to revolutionize the world of finance. The value of most tokens, cryptocurrencies, and stable coins used in DeFi smart contracts have consequently strongly increased and impacted cryptocurrency trading.

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    What is DeFi?

    Nowadays, access to technology is no longer the main obstacle to accessing classic financial services, as most people outside the banking system have access to the Internet.

    The main challenge for many people today is meeting the requirements of financial institutions – providing adequate proof of identity, meeting minimum revenues, or country-specific restrictions are what prevent these people from accessing financial and banking services, such as checking or savings accounts, debit or credit card, loans, merchant services, or investment solutions.

    Introducing DeFi!

    DeFi aims to transform the current traditional and centralized financial system into a new, open financial peer-to-peer ecosystem where everyone benefits from different financial services and products, without any centralized control or intermediaries. For that, DeFi developers have been using immutable smart contracts (mostly on the Ethereum blockchain, but elsewhere as well).

    The key principles of DeFi to improve transparency, ensure financial security, unlock growth opportunities, and develop a new financial system are decentralization, rapidity, resiliency, transparency, immutability, programmability, and interoperability.

    What are the main categories dominating the DeFi world today?

    Decentralized Finance is all about providing financial services to all without any restrictions (as long as one has an Internet connection). Therefore, the DeFi ecosystem has launched many protocols, financial instruments, and other “dApps” (decentralized applications) in which crypto-assets can be used in more ways than fiat-assets could ever be used.

    Here is a list of use cases in which DeFi can be utilized:

    • Asset Management and Savings – Melon, Insta.dapp, Yearn.Finance
    • Borrowing and Lending – Aave, Compound, Maker
    • Data and Analytics – Alethio, Blocs, DeFi Pulse, DeFi explore, DexIndex, DuneAnalytics, MyDeFi
    • Decentralized Exchanges (DEX) and Trading – Bisq, Binance DEX, Curve, Margin DDEX, Fulcrum
    • DAOs – Aragon, Colony, DAOStack, DXdao, Daohaus, PieDAO
    • Insurance – Etherisc, VouchForMe
    • Risk management, KYC procedures and Identity – Bloom, identity.com, SelfKey Stablecoins – Augmint, DAI, DefiDollar, EOSDT, Gemini Dollar, Paxos Standard, USD Coin
    • Staking – Certus One, Dokia Capital, HyperBlocks, Mythos
    • Tokenization – OpenFinance, Securitize, Tokensoft
    • Wallets – Argent, MetaMask, Gnosis Safe

    A final word

    Today, we’re heading towards a new financial order, with a system that is more decentralized than ever, using new open protocols that programmable, immutable and automatic. Of course, DeFi has been increasingly popular within the crypto-world over the last few years, but its goal isn’t to be for the crypto-initiated only – DeFi is for everyone!

  • A Beginner’s Guide to Cryptocurrency: The Dos and Don’ts of Your First Steps into the world of Crypto

    A Beginner’s Guide to Cryptocurrency: The Dos and Don’ts of Your First Steps into the world of Crypto

    As they say, every beginning is difficult, but in this article, we share with you some useful tips that will make your entry into the world of cryptocurrency smoother. Following these pieces of advice, you are more likely to avoid the most common beginner mistakes and become a confident cryptocurrency investor in no time. Since we learn best by doing it, we recommend the hands-on approach.

    Begin at the beginning: Purchasing some Bitcoin is arguably the best bet

    While the general rule is not to invest more that you can afford to lose in high-risk assets, which crypto naturally is, we advise that you start even smaller by investing just a tiny portion of your free capital. Absolutely no need to go to extremes, few tens or hundreds of USD or EUR will be enough to begin with. The purpose of your first purchase should be familiarizing yourself with basic concepts and tools, not necessarily turning in a huge profit!

    There are currently more than 5,000 different cryptocurrencies, so picking the right one for your first investment can be a hard task. Although opinions differ, we believe that becoming the owner of some of the world’s first cryptocurrency – Bitcoin, is the safest way to dive in, since Bitcoin (BTC) has been around since 2009 and has the most advanced infrastructure. There are many ways of obtaining Bitcoin, so you have the freedom to pick up the one it suits you the most.

    Determine the place where you will buy your Bitcoin

    If you would like to make an online purchase, there are cryptocurrency exchanges that act as a fiat-crypto outlets, such as he Binance, Coinbase, OKEx and eToro. For this you will only have to create an account and follow their registration procedure. An identification will be necessary to confirm your account. An alternative for urban people are Bitcoin ATMs. You introduce some fiat currency and scan your mobile wallet QR code in order to receive the purchased Bitcoins. But beware, acquisition of BTC at a Bitcoin ATM tends to be associated with very high fees.

    Download a wallet

    Once you buy Bitcoin, your digital asset will need to be kept in a place. While some exchanges offer integrated online wallets, you should never keep large sums of cryptocurrency in there. There is a saying within the community that goes along the lines: “Not your keys, not your crypto”, implying that as long as you are not the one in possession of the private wallet keys, you are technically not the owner of the coins kept in the said wallet. For less experienced a good choice is Bread mobile wallet or the Exodus desktop wallet, which are both simple to operate. As you make bigger investments into crypto, it is recommended that you get a hardware crypto wallet, such as Ledger or Trezor to enhance the security of your crypto holdings.

    Your second, third and later investments

    As you may have heard cryptocurrencies tend to be very volatile. It is frequently that cryptocurrencies, especially those with smaller market capitalizations, surge up or plunge down by 50% or even more in less than a day. If you would like to diminish the effect of these fluctuations in the price of crypto, we recommend using the dollar cost averaging strategy. This method is best described by investing on a regular basis independent on the crypto’s price at the time; for instance, investing $100 into Bitcoin every month.

    Additionally, it is not recommended that you put all your money into just one cryptocurrency. You should diversify in order to build a dispersed and balanced portfolio. In order to do so, you will need to steer away from isolated Bitcoin investments and turn to other cryptocurrencies.

    Look at other options: Purchasing some Altcoins

    There are plenty other cryptocurrencies you can buy. As we already mentioned before, more than0 5,000 cryptocurrencies have been launched since the release of Bitcoin to the public in January 2009, the majority of which saw only average success. For all cryptocurrencies, which are not Bitcoin, we use the term altcoins. The total valuation of their markets (i.e. total market capitalization) may differ from billions of dollars to considerably smaller. This are some of the most popular altcoins:

    Since the prices of the altcoins are prone to even greater fluctuations, they are usually seen as a riskier investment compared to Bitcoin. To determine which altcoin suits you the most, you will need to do your own research. Our weekly article Top three coins to watch this week might aid you in narrowing down the selection. In addition, we recommend reading our Beginner’s Guide to Cryptocurrency Research. We also recommend following the news that might influence the price of these assets, if big money is involved.

    Stay Up to Date by Following reliable News Sources

    Staying up-to-date is crucial in the cryptocurrency, where things alter every day. Some of the most popular outlets for crypto related news include Coindesk, Cointelegraph and CoinCodex news page. You can also subscribe to some of the numerous channels relevant to the cryptocurrency and follow your favourite commentators on social media sites like Twitter and Reddit.

    Once you become more invested into a project, we recommend following their official blog page and other social media sites. Checking the coin’s social stats is a good indicator of the project’s ability to grow a community and reach even more people. On CoinCheckup, you can see the community size in the Analysis tab for each of the coins under the Brand awareness/Buzz section.

    When holding gets boring, you can start trading

    Even though the “buy and hold” strategy is the one that the majority will follow, since with active trading you can rapidly generate losses, trading is still appealing to many cryptocurrency investors. Once you came to the stage when just holding crypto doesn’t give you enough thrill anymore, you can start investigating advanced trading options. Binance is the most popular centralized exchange for trading cryptocurrency. Exchanges can offer spot trading cryptocurrency derivatives trading, or both.

    Crypto derivates provide more options and lower fees, so they are becoming increasingly popular. Some platforms also provide crypto leveraged trading, which allows you to turn in a profit on the slightest price movements. But watch out, as every rose has its thorns, leverage trading is associate with extremely high risks, as the price can also go the other way you predicted.

    Conclusion

    Cryptocurrencies emerged as an important alternative to conventional investment products. The cryptocurrency markets are still very young, so the regulations around them and technical characteristics are still changing fast. However, this also means that there are still plenty of good investment opportunities within the space. You can go for the short time or long-term investments; you are free to explore and find your own way to success. That probably will not go without wrong decisions, missed chances and insecurity, but you know, if there is no pain, there is no gain. Most important is, that you will enjoy the process, and you will become a pro in cryptocurrencies in no time.