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Crypto Analyst Predicts Massive Downside for Ethereum Rival Polkadot, Updates Forecasts for Cosmos and LooksRare

A widely followed crypto strategist says Ethereum (ETH) challenger Polkadot (DOT) could witness a massive 56% haircut from its current price level before finding some stability. Pseudonymous analyst Altcoin Sherpa tells his 179,900 Twitter followers that interoperable blockchain Polkadot could find support at significantly lower price levels. “DOT: $3-$5 probably good place to start accumulating […]

The post Crypto Analyst Predicts Massive Downside for Ethereum Rival Polkadot, Updates Forecasts for Cosmos and LooksRare appeared first on The Daily Hodl.

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REV3AL – NFT and Digital Asset Authentication Technology Launches on KuCoin June 30th

REV3AL, a new and innovative cryptocurrency project, comes at a critical time in the crypto sector when scams and fraud are on the rise. As a solution to the hindering growth of the digital media market, REV3AL offers digital copyright protection and anti-counterfeiting solutions for artists, creators, and intellectual property owners. With its multi-layer authentication and anti-counterfeiting protocol, REV3AL hopes to play a major role in protecting digital media, on platforms such as NFT market places, gaming platforms and the metaverse. Venture capital firms and private investors have invested in REV3AL, including Alphabit Fund, NFT Technologies, Uplift, IBC, Moonstarter, and Launchpool. NEAR Protocol & Hedera Hashgraph are just two of the industry’s leading blockchain & distributed ledger technology partners REV3AL is partnering with along with major metaverse and infrastructure partners such as MetaVRse, TCG World, Utherverse, Forward Protocol, and over 50 others. The REV3AL token will be listed on the KuCoin cryptocurrency exchange, one of a select few projects to launch directly on this top-tier exchange. Among the top three crypto exchanges in the world, KuCoin boasts over 10 million registered users as well as 24/7 world-class services in investors’ preferred languages and channels. The token will go live on the Kucoin platform on June 30th. The REV3AL technology ecosystem REV3AL uses multiple dynamic authentication levels on and off-chain to deter fraudsters and prevent digital assets from being counterfeited or abused. REV3AL`s technology strategy is to develop an agnostic ecosystem and product offering for the blockchain and metaverse space and its mission is threefold. To begin with, it aims to authenticate digital media assets both on and off the blockchain. Verifying assets in the digital world, preventing counterfeit attacks, and safeguarding intellectual property. By providing simple and intuitive methods of verification, it enables creators, collectors, and marketplaces to verify the authenticity and originality of their collections, and preserves the value of the original work. Secondly, REV3AL is working on developing a secure NFT marketplace to provide NFTS and digital assets in a curated experience that includes both established and new creators, brands, and partners. Finally, through a unique and easy-to-use API, REV3AL will integrate and provide authentication to 3rd party NFT or digital media marketplaces, gaming platforms, and the metaverse. REV3AL’s security protocols and best practices will be applied to Web3 and the metaverse in a standardized and interoperable manner. REV3AL tokenomics Through a sustainable model of digital asset protection, the project utilizes the token component as a foundation for establishing and verifying the REV3AL security layers. As a result, it has methodically arranged its token metrics to achieve this objective using a deflationary model. In addition, a portion of the token allocation will support charitable projects that support the environment, youth and our community. REV3AL maintains a one billion token hard cap and the ticker for the token will be $REV3L. The token will be listed on KuCoin on June 30th. About REV3AL REV3AL has received widespread support, with a strong organic following on Twitter and Telegram and the project aims to establish itself in the ecosystem as an industry standard for digital asset media authentication tools by quality and value. The team and advisory network comprise of a broad and deep range of experts in various disciplines, such as system architecture, visual arts, cybersecurity, cryptocurrencies, software engineering, anti-counterfeiting, and graphics security. Mo Kumarsi, the CEO of REV3AL, has been integral to some of crypto’s most successful projects, such as CoinPayments and Power Ledger. Adam Russell, the project’s CRO, has over 20 years of experience in cyber safety, blockchain and XR, CPO Eric Prouty specializes in producing and launching mobile and Internet-based technologies, including those in the Web3 space, CMO Georgina Woolams-Edwards is the founder of an international marketing and PR agency with offices in London and Dubai, and CTO Bernard O’Flynn has spent most of his 26 year career building and managing product and engineering teams in the tech/fintech space. Members of the advisory board include notable figures in the blockchain industry, such as Karnika E. Yashwant, the founder of Forward Protocol and Key Difference Media, Mario Nawfal who is the CEO of NFT Technologies. As well as Alan Smithson, known as the godfather of XR, founder of MetaVRse, and Liam Robertson, founder of Alphabit Fund, a premier blockchain fund. Bottom line REV3AL users and token holders can participate in building an ecosystem of complementary technologies and partners that will play a key role in the security, and success of the web3 economy. Addressing a clear market need, giving users confidence, and supporting the rights of creators to control and profit from their original work. REV3AL community members will also have access to exclusive content on the secure marketplace as well as in future metaverse environments. They will have the option of participating in staking and purchasing tokens that can be traded on KuCoin.

Crypto News

CoinEx & ViaBTC Co-host NEW BLOC NIGHT to Explore New Trends in the Industry

Last week, New Bloc Night, the opening party of Austin blockchain week hosted by NEW BLOC, came to a successful conclusion at the Otis hotel in Austin. As sponsors of this event, CoinEx and ViaBTC, together with more than 20 well-known investment institutions, public chain, DAPP, DAO, Web3.0, cryptographic financial service providers and other blockchain industry leaders, participated in speeches and round table meetings to jointly discuss the problems and development trends of the cryptographic industry, explore ways to compound interest growth of cryptographic assets. A number of distinguished guests shared their insightful and original views on the event. Nearly 200 employees in the encryption industry participated in the event online and offline. In addition, industry insiders including CoinEx & ViaBTC Partner Adam Chastain, ZKSpace Director of Business Development Mattias Borg, and FlashMining Founder & CEO Jackey Lin engaged in fantastic roundtable discussions and offered their views on trending topics like “Crypto Mining and Carbon Emissions: Trends in Crypto Mining”, “Decentralization vs. Centralization”, and “Web3 is What Young People Yearn For: What are the new opportunities?”. As a world-leading all-inclusive mining pool and also a staunch advocate of mining with clean energy, ViaBTC gave its views on crypto mining and carbon emissions that technological progress will address all such concerns. ViaBTC Pool has always been looking for technical solutions to energy sustainability in the field of crypto mining. In addition, it is also working with institutions such as QITALE, a mining organization from Minnesota, USA that uses water energy, and SAI.TECH, an operator of clean computing power. Though the annual crypto carnival of Austin Blockchain week has ended, the development of the blockchain world still requires the joint efforts of crypto believers from all over the world. Meanwhile, ViaBTC will also remain dedicated to the blockchain space. Relying on cutting-edge Fintech, ViaBTC aims to facilitate blockchain progress and build a better future via blockchain, thereby realizing its mission – Via Bitcoin, Making the World a Better Place.  

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Decentralized DAO, EarthFund Launches To Promote Simple & Democratized Funding for World-Changing Causes

Launched today, EarthFund, a decentralized not-for-profit platform, aims to allow anyone to use blockchain technology to raise funds for causes that can promote good around the world. Blockchain technology and cryptocurrencies have a massive opportunity to better the world and become a massive force for good, but till now the technology has been used for short-term gains with very little impact being felt by those that need it. According to EarthFund co-founder, Adam Boalt, the technology “hasn’t been fully adopted yet mainly because of usability”, and that is what his company is trying to change. “So far, crypto native folks have spent their energy on often frivolous causes, such as trying to buy a piece of paper or a virtual monkey profile picture,” Boalt further shared. “But with EarthFund, we’re focused on making crypto accessible so everyone can harness its potential and help truly world-changing causes to get the funding they deserve.” In the past, blockchain projects have favoured decentralized autonomous organizations (DAOs) as a transparent channel to raise donations, track them, and ensure every cent reaches those in need. Since the stories of  ConstitutionDAO and UkraineDAO, the concept of creating DAOs to fund real-world causes has become mainstream. Despite showcasing the power of token incentives and crypto as a force of doing good, many of these charitable DAOs have ultimately proven not that impactful. Notwithstanding, setting up a funding DAO was strictly reserved as a task only the experienced Solidity developers could do. Regular companies and individuals could not set up the infrastructure required for a funding DAO, which limited the potential impact of the technology. EarthFund aims to change this via its simple and intuitive UI that allows anyone to set up DAOs to fund causes they love, with real and meaningful impact. With a simple UI and a full-stack ecosystem approach, founders, donors and users can make their voices heard in the real world. Founders can easily set up their DAOs, attract funds, and even offer token incentives to entice more people to contribute. The EarthFund toolkit is made for all three classes of participants in DAO initiatives. For founders, it offers an intuitive, plug-and-play platform that allows launching an ERC-20 token and DAO with gasless governance. For users, the platform brings rewards for using their voice and voting to advance the cause they committed to. For donors, EarthFund offers a place to donate crypto to people dedicated to vetting projects and making sure the money makes as large of an impact as possible. At launch, the platform will include pilot initiatives from top philanthropists including Deepak Chopra and Dr Lucy Tweed, who are aiming to set up funding DAOs for mental health and carbon removal causes, respectively. “We’re seeing a shift in the crypto space from a focus on short-term profits to using it to build a better future for everybody. That’s why we partnered with EarthFund to launch our NeverAlone token and democratize and decentralize the way that projects focused on tackling the mental health crisis get the funding they need to make a difference,” commented Chopra. Finally, EarthFund will also aim at solving the accountability and transparency issues crippling donation centers, humanitarian causes, and charities. Today, charities usually take between 26% and 87% of donated funds for “administrative” purposes, while the remainder is deployed as the creators see fit. EarthFund leverages blockchain technology and decentralized governance to ensure all funds are used for the right purpose and the decision on how it is spent remains democratized to all stakeholders.    

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EarthFund Launches Its “DAO-as-a-service” platform to Ease The Decentralized Donation Processes

EarthFund launches DAO-as-a-service platform.  The platform simplifies funding for any worthwhile world-changing cause.  Deepak Chopra and Dr. Lucy Tweed are among the leading pilot initiatives on EarthFund. EarthFund, a decentralized funding platform, has announced it has successfully launched its platform today to help anyone set up their own decentralized autonomous organization (DAO) for world-changing causes […]