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Blue Chip NFTs 101: The World Of Women Collection, Including And Conquering

The World Of Women NFT collection has great marketing, strong leadership, and first-mover advantage. Plus, a flourishing community. Also, behind the punks and the apes, these ladies seem to have the biggest celebrity support. From World of Women’s partner Reese Witherspoon to Eva Longoria, to Bryce Dallas Howard; from Snoop Dogg to Gary Vee, everyone wants to be a part of the club.  Launched in July 2021, the WoW digital collectibles are technically ERC-721 tokens. The collection lives in the Ethereum blockchain, and its high-quality images are hosted on IPFS. Like most successful NFT collections, the images aim at becoming profile pictures or PFPs. The World Of Women consists of 10,000 unique algorithmically generated pieces. The collection’s main artist is Yam Karkai. Among other things, World Of Women holders get immediate intellectual property rights over the piece they own. And they can download a high-resolution version with ease to use it as they please. They become automatic voting members of DAWOW, the DAO that controls the World Of Women community. And they’re part of a club that each month receives “ArtDrops,” free NFTs from interesting artists from around the world directly into their inbox. Plus, they also get members-only discounts, raffles, pre-sales, and mint passes.  So, utility is strong in this NFT collection. The main reward, though, is being part of an organization that’s a net positive for women and inclusion worldwide. So far, World Of Women has donated over $250K from the collection’s royalties to women-centric charities all over the world. They even have their own nonprofit, Too Young to Wed’s “mission is to empower girls and end child marriage globally.” World Of Women also commits a percentage of their royalties to buy 1/1 NFTs from women-centric artists. Recent World Of Women Projects According to World Of Women’s About Us, this is the organization’s vision: “WoW’s vision is to build an inclusive web3 through its collection and community. According to research published in Nov. 2021, female artists accounted for just 5% of all NFT art sales in the prior 21 months. WoW is on a mission to change this.” The original World Of Women collection is only available on the secondary market, the floor price at OpenSea is 4 ETH and the collection has a total transaction volume of 70.8 ETH. Recently, the organization sold out its second collection, World Of Women Galaxy. Holders of the originals got a free mint and retail customers could mint them for 0.3 ETH. The idea was to lower the entry price to get new people into the community. Currently, the secondary market values the WoWGalaxy collection at a 0.47 ETH floor price at OpenSea. So, the entry price is still low. Related Reading | Blue Chip NFTs 101 – How Did Moonbirds Conquer The World In A Bearish Market? More recently, in March this year, World Of Women announced a partnership with the Sandbox metaverse. Both organizations launched the WoW Foundation with the objective of promoting diversity both in the NFT world and the metaverse. WoW & WoWG holders, if you’re interested in hosting meet-ups in your city but don’t know where to start – tag me on our discord! let’s do more of these 🤩 upcoming meet-ups –#WoWToronto : june 4th @nft_leen #WoWNYC : june 7th @mebynetta rsvp in meet-up threads!!! 👋 — kashvi 🦉 (@kashviETH) May 29, 2022 The organization has also created derivative pieces, like the Mother Earth Muse collection. For these limited-edition NFTs, they gave eight photographers the task of recreating some of the classic original WoW pieces. With actresses, in the real world. All of the profits from this endeavor went to the artists, the WoW community, and charity organizations. ETH price chart for 07/01/2022 on Poloniex | Source: ETH/USD on TradingView.com WoW As Art Collectors The WoWFund curates the collection, places bids, and acquires. The fund announces all of its moves through the organization’s Twitter feed. The funding comes from 15% of the primary sale royalties. The WoWFund’s focus is 1/1 NFTs, as opposed to generative art collections like World of Women.  Welcome to the @worldofwomennft Museum! ♀ A breathtaking shrine that will highlight the work collected by the WoW Fund, which aims to bring visibility to outstanding artists in the #Web3 space. Created by @nabiya_creative. Discover more! ⤵️https://t.co/w55FEwKjSZ pic.twitter.com/B8WCpc7kzo — The Sandbox (@TheSandboxGame) June 27, 2022 The organization recently unveiled the World of Women Museum in the metaverse. The Sandbox described it as “a breathtaking shrine that will highlight the work collected by the WoW Fund, which aims to bring visibility to outstanding artists in the Web3 space.” 🖼 WoWFund June curation 🖼 We placed a bid on "Veiled Beauty" by @wafudraws, an artist from India 🇮🇳 “Paying homage to the Kishangarh school of arts, the signature graceful features, including arched eyebrows, lotus-like elongated eyes and pointed chin have been maintained.” pic.twitter.com/nc8Nud8Uj5 — World of Women (@worldofwomennft) June 29, 2022 World Of Women ’s Real-World Impact The organization is committed to bringing more women into DeFi and Web3. Reportedly, World of Women will create an academy geared toward educating women and guiding them through this wild-wild world. The academy will focus on minority and underrepresented groups.  Besides that, the organization recently held a meetup in meatspace, more specifically in Los Angeles. The event was such a success, that WoW’s community manager tweeted: “WoW & WoWG holders, if you’re interested in hosting meet-ups in your city but don’t know where to start – tag me on our discord! let’s do more of these.” And announced a meetup in NY and another in Toronto. Huge thanks to @nft_leen and @NiSangria for organizing the first (and hopefully more) #WOWToronto meet up! Great atmosphere and amazing commity. @worldofwomennft pic.twitter.com/4b2Yf1iUcR — Sal (@i_amSamm) June 5, 2022 Last but not least, World Of Women recently closed its participation in the NFT NYC conference with a performance by no other than Madonna. What an honour to host #WoWFinallyEnoughLove, a celebration of Pride, on the closing night of NFT NYC with queen @madonna! 💜✨ Thank you WoW family for being a part of this journey, we hope you had the experience of a lifetime 🌈 pic.twitter.com/iHAo63R1hV — World of Women (@worldofwomennft) June 28, 2022 On the left there, Yam Karkai, WoW’s main artist. Oh, and speaking about celebrities… What Does Reese Witherspoon Have To Do With It? The actress’ production company, Hello Sunshine, signed “a storytelling partnership” with World of Women. The idea is to create “entertainment properties” based on their IP and produce a “live event” in conjunction with other women-centric NFT projects. Variety quotes Reese Witherspoon detailing the plans: Related Reading | Blue Chip NFTs 101 – Let’s Travel To Space With The Doodles Collection “We’re proud to partner with WoW to expand their universe of characters and to develop innovative scripted and unscripted content. We look forward to engaging with the remarkable WoW community at every step of this partnership and creating opportunities for WoW holders to work collaboratively with Hello Sunshine on transforming the WoW art into powerful stories.” Will something come out of it? Will the public react favorably to it? Hollywood is a harsh mistress, nothing is guaranteed. If Reese and World of Women succeed, though, it could translate into big things for this collection’s holders. The WoW story is just beginning. Featured Image: Screenshot from WoW’s website| Charts by TradingView

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French Central Bank Governor Seeks Partnership Between Private Crypto Tech And Banks

China and UAE Central Banks Join “Multiple CBDC Bridge Study” To Enhance Cross-Border Payments

François Villeroy de Galhau, French banker and governor of the Central Bank of France, has noted that the financial system would immensely benefit from a partnership between the private technology behind cryptocurrencies and the public image of conventional banking system. François Villeroy de Galhau wants the technological innovation of Crypto incorporated into central banks Speaking […]

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Ethereum (ETH) Bends Toward $1,000 As Doubt Fills Crypto Markets

Ethereum (ETH) traded in tandem with risky assets on the final session of the first half of the year, due to persisting fears of greater inflation and rising interest rates. Some analysts say this might set the stage to more decreases heading into the third quarter. Following a four-day losing skid, ETH’s price fell roughly 6 percent to $1,044 on Thursday. The ETH/USD pair has also broken below its interim rising trendline support, creating an “ascending triangle” pattern in conjunction with a horizontal trendline resistance to the upside. The Ethereum (ETH) price graph displays a five-day losing run that contradicts the comeback rally from the previous week. In addition, the decreasing price may reach the psychological $1,000 mark, suggesting the sellers’ effort at a further decline. Source: TradingView.com Ethereum Breaches Vital Support Level Suggested Reading | Shiba Inu (SHIB) Shines Green In Pool Of Crimson – Who’s Buying? In the past several hours, the price of Ethereum has breached a crucial level of support, falling below $1,000. The Fibonacci retracement indicator suggests that there are no strong support levels for ETH that could maintain price stability. Consequently, any selling pressure may result in another decline to $900 or even lower. Ethereum is scheduled to receive the ‘Merge’ upgrade, a long-anticipated reformation that the global investment community has expected. The upgrade intends to transition the blockchain from proof-of-work to proof-of-stake, a considerably more energy-efficient project that may also have an influence on transactions and crypto trading experiences, making it more effective. But the launch announcement has not had the same effect on the investing community. The price of Ethereum continued to retreat with Bitcoin. ETH total market cap at $127 billion on the daily chart | Source: TradingView.com To have a chance of refuting the bearish view, the second-largest cryptocurrency by market cap must recover $1,100 as support. Since middle of June, Ether had been running within an ascending triangle. On June 29, Ether broke below the triangle’s lower trendline, accompanied by a surge in trading volumes that confirmed traders’ certainty about a further downturn. Suggested Reading | Bitcoin Slides Under $20K – Another Collapse In The Offing? As a result, the downside goal for ETH for the third quarter, based on the ascending triangle formation, is about $835, which is almost 20% lower compared to the price on June 3. During the Asia-Pacific trading, the price of Ethereum surpassed the previous day’s peak. However, as soon as the European session began, the price plummeted below its opening level. Curiously, stocks declined in a similar manner. It is becoming increasingly evident that Europe and the United States are approaching the next phase of the global correction before entering recession, which is beginning to appear inevitable. Featured image from Crypto Basic, chart from TradingView.com

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Cryptocurrencies With Incredibly High Market Caps

Cryptocurrencies are an online alternative to FIAT currencies, and because of the way they are designed, they offer added protection to those using them just like a licensed and SSL encrypted live casino ensures protection for its players. Transactions with them are anonymous and the currencies cannot be duplicated or falsified. Having said that, new users of cryptocurrency may feel overwhelmed by the sheer amount of variety the currency offers and the differences between them. Read this article to find out more about the more common cryptocurrencies. Bitcoin — BTC Around 2008, Bitcoin (BTC) was the first cryptocurrency and is currently the highest-ranking of cryptocurrencies. An anonymous collective known as Satoshi Nakamoto is credited with creating this coin. It is exchanged from person to person, controlled by no one bank. BTC can be used for a variety of purchases and the coin’s market cap has surpassed the US$100 billion range. Ethereum — ETH A close second to Bitcoin, Ethereum (ETH) is another decentralized software platform. The coin was released to the public in 2015 after a fundraising effort. One of the main advantages of ETH is the speed of the transaction time, which is mere seconds when compared to other cryptocurrencies. ETH can be used for any transaction where cryptocurrencies are accepted. The market cap for ETH is also over 100 billion US$. Tether — USDT Unlike Bitcoin and Ethereum, Tether is what is known as a stablecoin. Tether can be used on blockchains, but the value of USDTs is attached to the FIAT value. For example, $1 = 1 USDT. The Tether platform was created in 2014 in order to facilitate the use of digital currencies and digital transactions. Nowadays, this coin ranks third after Ethereum and Bitcoin and has a market cap is on two-digit billion. USD Coin A new way of using FIAT money, the USD Coin is a tokenized form of United States dollars. The USD Coin is an alternative to other online tokens, facilitating the use of American dollars in the digital marketplace. They can also be converted into physical USD at any point in time. As such, the price of 1 USD Coin is equivalent to $1. Binance — BNB The Binance Coin, or BNB, is the fifth-ranking cryptocurrency in terms of both popularity and profitability. Created in 2017, this coin has risen through the ranks to become the 5th most popular cryptocurrency. It is primarily used for the payment of transactions or trading fees on Binance, an online platform dedicated to cryptocurrency exchange, along with tokens mentioned above. As it stands, the market cap for this coin is too on over two-digit billion. Conclusion The world of cryptocurrency may seem complicated and intimidating at first, but once you learn the basics, you can see all the possibilities this digital market can offer. As with most endeavors where financial investment and risk are involved, you should take the time to research the different coins and find the cryptocurrency which works for your needs. Take the time to find reputable sources of information and enjoy diving into the world of cryptocurrency!     Image by Sergei Tokmakov Terms.Law from Pixabay

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Here’s What’s Needed for Leading Ethereum Rival To Surge by 700% and Reclaim All-Time High: Coin Bureau Host

A popular crypto analyst is identifying what could help leading Ethereum rival Polkadot (DOT) recapture its all-time high. In a new video, Coin Bureau host Guy tells his 2.07 million subscribers the reasons for DOT’s poor price performance. “First is the fact that the rest of the crypto market has been getting wrecked, notably [Bitcoin] […]

The post Here’s What’s Needed for Leading Ethereum Rival To Surge by 700% and Reclaim All-Time High: Coin Bureau Host appeared first on The Daily Hodl.

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BAYC’s Yuga Labs Files Lawsuit Against RR/BAYC Creator Ryder Ripps

NFT Flipping Isn't Profitable For Over 50% Of Investors - Here’s Why

Yuga Labs, the NFT company behind BAYC and MAYC, has filed a suit against American conceptual artist and creator of NFT collection RR/BAYC, Ryder Ripps, and his partner Jeremy Cahen. Yuga Labs claims the creative director is “scamming consumers by misusing Yuga Labs’ trademarks.” Yuga Labs accuses Ryder Ripps of intentional copyright infringements In the […]

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Router Protocol launches its modular cross-chain bridge: Voyager

Router Protocol, an infrastructure layer enabling communication between blockchains, today announced the launch of Voyager, a cross-chain bridge with enhanced security features and fast transaction speeds. Voyager’s architecture is designed differently than standard bridges. Notably, it needs very little TVL to complete transfers, making the bridge less of a honeypot from a security standpoint. Instead of […]

The post Router Protocol launches its modular cross-chain bridge: Voyager appeared first on CryptoNinjas.

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Analyst Says One Ethereum-Based Altcoin Is Setting Up for Possible 100X Rally As Crypto Markets Consolidate

A popular crypto analyst says Chainlink (LINK) could see short-term losses while setting up for even bigger returns down the road. Crypto trader Kevin Svenson tells his 109,500 Twitter followers that if Ethereum (ETH) drops to the $500-$700 range, LINK will correspondingly plummet to $2.00-$3.00 territory. “In the next few years, that’s a 100x return […]

The post Analyst Says One Ethereum-Based Altcoin Is Setting Up for Possible 100X Rally As Crypto Markets Consolidate appeared first on The Daily Hodl.

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More security, transparency, and scalability: What blockchain needs for mass adoption

In February 2022, the Ukrainian government ran a crypto donation campaign to support victims of the Russian invasion. When the nation tried to reward those who had contributed to the fundraiser by sending crypto wallet holders complimentary NFTs, a slew of scammers took advantage of the government’s generosity, causing the operation to cease. Rug pull scams like this, where cyber criminals drain money from unsuspecting investors, aren’t uncommon in the crypto space, unfortunately. Shortly following the Ukraine rug pull, in March this year, hackers discovered a weakness in the Ronin blockchain used by popular play-to-earn platform Axie Infinity. In the security breach, the scammers ended up stealing $165 million from Axie’s parent company, Sky Mavis. In addition to rug pull scams, cryptocurrency exchanges can be compromised through poor security or fraud. This is what happened in 2014 when the Mt. Gox exchange collapsed in a years-long attack by hackers. By the time the breach was detected, a loss of between $300 million and $480 million of users’ funds had occurred. Since the attack, it has been estimated that $1.5 billion in cryptocurrencies have been stolen from exchanges. Blockchain’s utility isn’t limited to just cryptocurrency, though. The shared and immutable ledger’s ability to provide transparency and security allows it to be applied to numerous other sectors, including real estate, supply chains and gambling. Although the technology has taken the world by storm over the last few years, issues like the inability to hold scammers accountable for rug pull scams have plagued the industry, preventing it from being adopted into the mainstream. Additionally, large demand on blockchains that slow their transaction speed requires improvements to the technology’s ability to scale, a problem that many blockchains have so far struggled to achieve. Newcomer to the blockchain space, Zetrix, has found a solution to address issues relating to transparency and security in the blockchain. It can facilitate smart contracts and deliver privacy, plus its cryptographic infrastructure can be introduced to multiple industries, creating a more transparent and efficient process. Zetrix’s network also has incredible scaling ability, being able to withstand 10,000 transactions per second. In addition, Zetrix uses DPoS (Delegated Proof of Stake) to secure the blockchain by ensuring representation of transactions within it. DPoS is designed for implementing tech-based democracy using elections and voting processes to protect from centralization. The Zetrix DPoS mechanism is implemented through smart contracts with a dynamic upgrade mechanism that adjusts to the difficulty level of validating node access as Zetrix’s network expands, which means no matter how vast the network grows, the privacy and security of its users will remain intact. As an added measure, the consensus mechanism allows transactions to be validated before being added to the blockchain, and all validators are voted in via a contract. In a groundbreaking new report by the Institute of Industrial Internet & IoT, China Academy of Information and Communications Technology (CAICT), the blockchain confirmed that it can complete transactions using a significantly low amount of energy compared to other blockchains. Specifically, it only requires 21 super nodes and 100 common nodes to complete a transaction, compared to Bitcoin, which uses 2.2 million super nodes, and Ethereum’s Proof of Work (PoW) blockchain which uses 2.3 million super nodes. Zetrix’s mission is to connect countries and their governments, businesses, and people to a global blockchain-based economy. The platform wants to make native blockchain and cross-chain solutions accessible and effortless by bringing rapid-deployment solutions to the market with meaningful benefits and real-world impact for countries, businesses, and users. By building a future ecosystem of Ubiquitous Trust Networks, the next-generation layer-1 public blockchain infrastructure allows value to be transferred freely on and across blockchains, just as information moves freely across the internet. As a result, by harnessing digital assets, decentralised applications can be developed and deployed rapidly on its network. Blockchain technology has been rapidly adopted by many industries over the past decade, but mainstream adoption still remains a challenge due to the prevalent issues faced including issues with security, transparency, and scalability. Newcomers to the space like Zetrix are proving that these issues can once and for all be addressed, providing a much-needed step forward for this revolutionary technology.