The cryptocurrency market was under stress recently following the collapse of Terra LUNA and the UST stablecoin. Most cryptocurrencies plunged to low levels, with Bitcoin […]
Tag: hire
Bitcoiner Jobs Wants To Get You Working Full Time In Bitcoin
A new service is aiming to bridge the gap between employees who want to find work in the Bitcoin industry and employers at Bitcoin companies.
Emirates Airline Plans To Accept Bitcoin Payments
The Dubai airline Emirates plans to accept Bitcoin payments in the future, as well as launch NFTs on the website, as per a report. Emirates Airline Plans To Add Bitcoin As A Payment Service As reported by Arab News, one of the world’s largest airlines has shown intent to add crypto payments and offer NFTs […]
Crypto Boom In The Gulf: Dubai, Abu Dhabi Fast Becoming Hotbed Of Digital Currency
In response to the global cryptocurrency boom, the United Arab Emirates has become a hub for the industry as a result of its crypto-friendly legislation, which have made it a favorite destination for digital currency aficionados. Dubai and Abu Dhabi are vying for cryptocurrency supremacy. Large exchanges, like FTX, which was last valued at $32 […]
Climbing The Ladder Of Financial Freedom With Bitcoin
Using Bitcoin to achieve financial freedom is a spectrum which can be analogous to climbing a ladder. There are many steps to achieve full sovereignty.
nFLARE Technology Shines a Spotlight on a Unique Model of NFT Marketplaces
We are at a point in time where “NFT” is a household term. According to DappRadar, NFT market capitalization has passed $22 billion, a 22,000% growth compared to the same period a year ago. So as digital asset ownership seems to be reaching a peak, the question now is – what’s the next big thing for NFTs? In the immediate future, the leasing and borrowing of NFTs as a source for generating passive income for owners and gaining added value for borrowers will take the center stage in the industry. NFT leasing has been already starting to gain traction, mainly via closed environment scholarships on P2E games such as Axie or virtual land within specific metaworlds such as The Sandbox. These initial examples of NFT leasing functionalities, pushed by some of the top crypto projects in the industry, help solidify and direct the rise of an upcoming robust economy revolving around broader NFT use cases and utilities. While these closed-environment NFT leasing protocols introduce a viable business model that provides appealing passive revenue streams, there is a bigger picture and a much higher potential for massive gains generated through leasing of NFT ownership rights, and this is where nFLARE DAO enters the frame: a self-governed marketplace for NFT asset rentals. A ®evolutionary new model of NFT marketplaces As social creatures, humans care about where they stand in the social hierarchy and how others perceive them, so when you give someone the impression that you have a lot of money, most likely they will have a different opinion of you. In the real world, some individuals hire a Ferrari for the weekend so that they can appear more affluent, which in turn opens opportunities and broadens their connections. On social media, this form of “peacocking” is very common. People pay a lot to have a high-priced NFT as their profile picture for a week, especially now that Twitter NFT validation has made it more relevant than ever before, or simply as a marketing ploy to boost the credibility of their commercial profile. But if we step aside the digital social ladder, the pure financial logic of making leasing NFT rights available on a large scale is outstanding in its potential for generating value, financial or otherwise, and has a wide reach across niches. The use cases Unlike most assets in crypto that don’t fulfill a real utility, if used as intended, NFTs offer real valuable use cases for gamers, investors, content creators/artists, and of course, traders looking to generate passive income deriving from their specific niche of interest or work. Some of the examples of NFT leasing we will see include: In-game leveled up characters, assets, gear, and future skins Metaverse real estate investments Copyrighted collectibles available as online and offline merchandise Copyrighted content that can be used as creative in audio and video for royalties or as consignment inventory in galleries and exhibitions DeFi instruments Limited access to venues Gaming Play-to-Earn (P2E) gaming is and will be a vertical operating independently of market sentiment, as it doesn’t matter if the crypto market as a whole is bullish or bearish, gamers will do what they do – play games and earn rewards while doing it. Making this niche of the industry, which is already huge, an easy target for borrowing NFTs in P2E gaming. Some stats to understand the market share: There are roughly 3.1 billion gamers across the globe, with around 1.42 billion in Asia, 383 million in Latin America, 261 million in North America, and approximately 668 million across Europe. Oh, and the Gaming industry revenue reached $175.8 billion in 2021. Today, there are farms where NFT gaming characters and gear are professionally built, leveled up, and sold. The problem is that the owner of the NFT is losing on the appreciation value of the asset in the long run. Leasing NFTs on the other hand, which also function as a multiplier of the potential yield on the original investment, solves this problem and introduces a win-win scenario for both the lessor and the lessee of the NFT asset. Through NFT leasing, gamers, as borrowers, can rent NFTs they can’t afford to buy or that are already leveled-up and use them to access restricted areas or as tools for boosting their in-game rewards. Lenders (the NFT owners leasing out the asset) will receive a cut, through a revenue-share model, of whatever cryptocurrency the borrower earns while playing, similar to scholarships, but across different projects and different assets. Looking to collect royalties? NFTs as authenticated reflections of artwork are already appreciated by galleries, museums, and exhibition venues. Undoubtedly, the next step in the adoption of NFT backed artwork will revolve around individuals leasing out their copyrighted NFT content (visual artwork, audio pieces, trending characters, and collectibles) as merchandise across commerce and ecommerce channels, dividing the profits from the sale between the lender of the NFT and the borrower. Alternatively, artists can generate passive income by leasing the rights to their NFT backed content to creators and KOLs in exchange for royalties paid from using the assets in videos and audio across social channels. The real estate boom The possibilities of generating revenue from NFTs in real use case applications and not only in the current speculative nature of chasing price pumps are growing independently of market trends. With mega-corporations such as Meta (Facebook) and Microsoft heavily investing in the future of the metaverse and driving its adoption into their massive user bases, demand for virtual land will only increase. As smaller companies start to follow large corporations into this space, seeking virtual prime location real estate for marketing, savvy investors (in crypto, finance, and real estate) that have already started to understand that the demand for leasing virtual real estate will exponentially shoot in the coming years, will identify lucrative investment opportunities in the form of virtual real estate for commercial leasing purposes, generating high yields. As people spend more time online, more organizations will draw into this space, and much like real-world properties, virtual real estate is and will be sought after for its value in online promotions, as prime location HQs by corporations, and as priceless land for eCommerce by enterprises varying from VR casinos to technology events, online shops, and everything in between. A hybrid of Technology & Community nFLARE is not “another NFT marketplace”. It’s not another way for whales to practice wash trading or about chasing hype. nFLARE is about commercializing actual use-cases of NFTs as tools for generating a passive income for lessors and added value to borrowers, or in other words – it’s about opening up a secondary economy in the NFT industry. P2E, DeFi, copyrights, virtual real estate, and open access to restricted events are just a few of the types of utilities that will see increased demand through opening up the NFT space to multiple leasing possibilities. As the functionalities of NFT leasing become more widely available, the value of NFT projects will soar and the assets’ lifetime value will rise considerably through generating fixed income from leasing fees, which will increase as the value of the NFT itself is leveled up over time. While the development of collateralized smart contracts or an uncollateralized NFT leasing multisig wallet is fairly straightforward, the real power driving a utility project is its community and the way it harnesses its members’ drive and reaches to propel the project forward. This is the reason nFLARE is built up as a DAO-managed marketplace, rather than a centralized one, combining modern shared-rewards tokenomics to incentivize members. NFT leasing is projected to be the next big thing in the crypto space. A DAO harnessing the power of a vast community to influence the marketplace itself and how it interacts with third-party metaverse initiatives will set the standard for a next-generation model of community-managed NFT marketplaces.
Home Mining Experts Talk Strategy At Bitcoin 2022
A group of at-home bitcoin miners discussed strategies and things to consider for people who want to get started mining bitcoin in their own homes.
Crypto Asset Regulations Are A Priority For India, Says IMF Official
A senior spokesperson of the International Monetary Fund (IMF) highlighted India’s preference to regulate crypto assets and ranked this issue as a medium-term priority. Tobias Adrian, the Financial Counselor and Director of IMF’s Monetary and Capital Market Department, explained IMF’s point of view on India as “a fairly positive one” and stated: I think there […]
India’s CoinDCX Concludes $135 Million Funding at $2.2 Billion Valuation

The latest valuation is double from $1.1 billion in August 2021. Now, CoinDCX is the highest-valued crypto firm in India. With 10 million users, it’s also India’s first crypto unicorn. Indian cryptocurrency exchange CoinDCX on Tuesday closed a $135 million Series D funding round led by Pantera and Steadview. The new investments value the startup […]
DeFi Platform Oasis.app Secures $6M in Series A Funding Round

Oasis.app, a platform that allows DeFi users to borrow and triple their exposure to cryptocurrencies while also earning on their assets, has received $6 million in funding from Libertus Capital in a Series A funding round. The investment round also included contributions from other investors such as Road Capital and high-profile angel investors in the […]
Regulatory Pressure Forces Coinbase To Suspend Crypto Payments In India
On Sunday, three days after adding support for the popular Unified Payments Interface payment instrument in India, Coinbase – the largest US-based cryptocurrency exchange – removed the feature to purchase bitcoin using the system in India. UPI is an instant real-time payment system designed by India’s National Payment Corporation to enable interbank transactions via mobile phone on Coinbase’s […]
Zuck What? Meta Is Reportedly Planning To Create A Digital Token Nicknamed After Its CEO
Meta Platforms is preparing to integrate cryptocurrencies into its family of apps, with the goal of using them to reward creators and to facilitate lending and other financial activities. The Financial Times reported on Wednesday that Meta is considering creating “Zuck Bucks,” a virtual currency that consumers can use across its apps, as the British […]
Helium’s Nova Labs now valued at $1.2 billion after fastest rollout in history
Today, Nova Labs (formerly Helium Inc) announced $200M in Series D financing at a $1.2B valuation with investment from Tiger Global, a16z, Nokia, and Alexis Ohanian.
The post Helium’s Nova Labs now valued at $1.2 billion after fastest rollout in history appeared first on CryptoSlate.
Optimism saves users $1B in fees, raises $150M in Series B

Layer 2 scaling solution Optimism has secured $150M in funding, which it will use to hire new developers and decrease fees on the Ethereum network.