The Web3er MeetUp Guangzhou organized by DeBox is coming on May 27th 2023

Hosted by DeBox, organized by 0x90, and jointly supported by FAMDAO, Ballen, For Metas, Openloo, and GrandBit, the Web3er MeetUp Guangzhou offline exchange meeting will be held on May 27, 2023.

 

This MeetUp is a small private meetup, and only senior Web3 players and builders in Guangzhou are invited to join. The purpose is to connect encryption resources, provide better entrepreneurial environment and resources for entrepreneurs in the field of cryptocurrency and Web3, and put forward more constructive suggestions to jointly promote the development of the encryption industry and the popularization of Web3 technology. The event will gather a large number of Web3 talents from all over the world to communicate with each other, share experience, and discuss the development trend and bright future of WEB3.

 


DeBox is a DID-based Web3.0 social platform. DeBox provides decentralized social functions and services for the Web3 community and members, and is committed to solving the problems of social information authenticity and fraud environment governance. The main features include position chat, open DAO tool platform, multi-dimensional social graph, etc. DeBox encourages community developers to participate in platform construction.

 

Official website link: https://debox.pro/

 

0x90 is an international team that has been deeply involved in the blockchain industry for many years and has been looking at various blockchain projects from a professional, unique and creative perspective. Different from traditional incubators and other operating companies, 0x90 thinks, analyzes and operates a project with the “24-frame deconstruction method”, and is known as the super corporate doctor of blockchain business.

 

Official website link: https://www.0x90.club 

 

Ballen is an emerging Web3 application and a game product based on the Move to Earn model, with its own GameFi and SocialFi systems. Users only need to get token rewards through basketball in daily life, and users equip themselves with NFT in the form of basketball. These tokens can be used in-game by being outdoors or cashed out for profit. Ballen is committed to pushing more people around the world towards healthier lifestyles, actively fighting climate change and connecting the masses with Web3, while building an open and sustainable platform through its gaming and social elements.

 

FAMDAO is a Web3 decentralized autonomous ecosystem platform built on a self-governing protocol and designed with ANFS powerful technical support as the underlying technology. It was initiated and constructed by a group of crypto geeks.

Official Links: https://linktr.ee/fam_dao

 

FOR METAS is building an aggregated application platform that builds a one-stop hub for users to gain access to various entertainment resources including but not limited to blockchain games, live streaming, social Dapp, metaverse and AR/VR within one platform in a fast, secured, permissionless, incentivized and decentralized way.

 

Official website link: https://www.4metas.io  

 

GrandBit is an experienced token market maker team, which focuses on providing strategic consultants, MM robot rental, token listening services, etc. We have achieved more than 140 projects to get 200% profit (210 Million) beyond expectations, in Binance, OKEX, Kraken, Gate.io, Hotbit, Uniswap, Pancake, etc.

 

Official website link:http://bitrader.im/ 

 

Openloo is a Web3 application that realizes fully automatic interaction on the chain. The products launched in the first phase include airdrop interactions of networks such as zkSync, starknet, and venom.

Official website link: https://openloo.xyz 


The DeBox MeetUp will be held in Guangzhou on May 27th

The Web3er MeetUp Guangzhou hosted by DeBox and organized by 0x90 will be held on May 27, 2023.


 

CNET 丨Digital silver Litecoin will usher in halving

“Halving” refers to the technique of halving the reward for confirming cryptocurrency mining transactions on the blockchain. Control the total amount of digital assets by reducing the number of mining rewards, thereby increasing their scarcity and value. Just as Bitcoin halved every once in a while, Litecoin will also usher in its third halving in August this year. This incident may have a certain impact on the market performance and price of Litecoin, and it will also become a focus topic for investors.

Litecoin was created based on Bitcoin in 2011 with faster block times and a different mining algorithm. Litecoin, like Bitcoin, halves the block reward every 4 years to reduce inflation and increase scarcity. Litecoin’s initial mining reward was 50 LTC, which was halved to 25 LTC at block height 840,000 on August 25, 2015. On August 5, 2019, the block height was 1,680,000, and the Litecoin block reward was halved again to 12.5LTC. On August 2, 2023, at block 2,520,000, Litecoin will undergo its third halving, and the Litecoin block mining reward will be halved to 6.25 LTC. This event will affect the market supply and demand for Litecoin.

Bitcoin halvings tend to cause wild market volatility, and in the years following the 2016 and 2020 Bitcoin halvings, many crypto assets saw significant price increases. This also provides some reference for the market performance of Litecoin after halving. The Litecoin network generates approximately 7,200 Litecoins per day by mining 576 blocks. The current daily production of LTC is 9,000, however, after the third cut, this number will drop to 3,600. This will slow down the production of LTC, which may lead to increased demand from traders and investors, increased scarcity in the market, and the overall value of the asset may also increase to a certain extent.

However, the halving of Litecoin does not guarantee that the price of the currency will increase, and the market situation is unpredictable, not to mention that the Litecoin halving event does not receive much attention at the moment. A halving event reduces the number of rewards and thus revenue for miners, which reduces the diversity of types of participants who can profit and secure the network. Therefore, while the halving event increases scarcity, it also weakens the security of the network. When people bid on the halving event, it is effectively a vote of confidence that the security of the network is worth protecting. Because the halving event affects the security of the network, if investors believe that the security of the network will be protected, they will bid for it. This is one of the reasons why the halving event has an impact on the market.

As an established currency in the currency circle, Litecoin has a certain user base and market influence in the cryptocurrency market. The halving of Litecoin is expected to bring some support to its price, but the volatility and uncertainty in the cryptocurrency market still exist. Investors need to carefully evaluate risks and opportunities in order to formulate reasonable investment strategies and risk control plans. At the same time, it is also necessary to pay close attention to market changes and the development of digital assets in order to make wise investment decisions.

The above information is compiled by the CITEX content group, which is for learning and exchange purposes only, and does not constitute investment advice. For more information, please pay attention to the follow-up content. As the world’s No. 1 mining exchange, CITEX always puts users’ interests first and is committed to providing safe, transparent, open and efficient digital asset services. In the future, CITEX will continue to be oriented by the market and user needs, with multiple depths and multiple innovations, to launch more high-quality products, and to provide users with more investment opportunities and satisfactory services.

CNET 丨Wrong BRC-20, afraid to see LTC-20

Recently, the BRC market has exploded, and many investors have obtained huge profits in it, creating myths of getting rich one after another. However, with the fermentation of hot spots, investors continued to pour in, and this track gradually became unprofitable. Investors who miss the opportunity should not beat their chests. The encryption market will never lack opportunities, but it depends on how you grasp it. The money earned by luck will eventually be lost by strength. When a new opportunity paradigm emerges in the market and the track is too crowded, finding and betting on the track is a relatively simple and high-return strategy: what we are going to introduce today is LTC-20.

Litecoin is compared to Bitcoin, LTC-20 is compared to BRC-20. Litecoin is a token developed based on the original intention of improving Bitcoin. It was forked from the Bitcoin blockchain on November 9, 2011 and is called “digital silver”. Technically, Litecoin has the same implementation principle as Bitcoin. LTC-20 is a token protocol launched by developers in the community on the Litecoin network. Similar to the original BRC-20 concept, LTC-20 provides users with the ability to cast text, pictures, videos, audio, etc. on NFT.

There is no doubt that the potential of LTC-20 is huge, based on the characteristics of Litecoin superior to the Bitcoin network (although Bitcoin is the leader in the field of digital assets, due to its slow transaction speed and high transaction costs, its application scenarios are limited), LTC can handle a large number of transaction needs at a lower cost and faster transaction speed, compared with BRC-20: Litecoin produces a block every 2.5 minutes (Bitcoin 10 minutes), you can get more Fast transaction confirmation, while the gas fee is extremely low (less than 0.1 u per transaction, ranging from a few u to hundreds of u per transaction in Bitcoin), and has more advantages in terms of block generation speed, flexibility, transaction costs, etc. Therefore, compared with Bitcoin, Litecoin is more conducive to the ecological development of Ordinals,

Since the launch of LTC-20 on May 3, the on-chain activity of Litecoin has been quietly increasing. On May 9, the single-day usage rate of Litecoin even surpassed that of Bitcoin, which was recognized and supported by the market. This also makes the event of “Litecoin halving” more and more people’s attention. The LTC-20 market has a bright future. Investors need to seize the opportunity quickly and don’t miss the opportunity to enter this track again. At the same time, I also hope that Litecoin can seize the market opportunity and attention brought by the hot event of BRC, develop LTC-20 to further expand its market share and influence, and achieve further development in the encryption industry.

The above information is compiled by the CITEX content group, which is for learning and exchange purposes only, and does not constitute investment advice. For more information, please pay attention to the follow-up content. As the world’s No. 1 mining exchange, CITEX always puts users’ interests first and is committed to providing safe, transparent, open and efficient digital asset services. In the future, CITEX will continue to be oriented by the market and user needs, with multiple depths and multiple innovations, to launch more high-quality products, and to provide users with more investment opportunities and satisfactory services.

CITEX 丨Bitcoin Narratives Come and Go

Despite the recent attention on BRC-20 tokens, the cryptocurrency market is always unpredictable. Now, more and more competitors are emerging, challenging the status of BRC-20. Among them, the main contender is the ORC-20 token. On May 13, Binance Academy tweeted about ORC-20, which may mean that Binance will support ORC-20 Tokens in the future. This matter has aroused widespread concern in the market, and many people predict that ORC-20 may become the next big hit.

Like BRC-20, ORC-20 is an open standard launched by OrcDAO, which aims to enhance the functionality of Ordinals tokens on the Bitcoin network to improve the current BRC-20. ORC-20 is backward compatible with BRC-20 and improves adaptability, scalability and security, eliminating the possibility of double consumption.

A range of functions offered by ORC-20 tokens include:

Deployment: Users can deploy new ORC-20 tokens or migrate existing BRC-20 tokens through “deployment events”.

Minting: ORC-20 tokens can be minted through a minting event.

Send: ORC-20 tokens can be sent via send events.

Cancellation: ORC-20 partial transactions can be canceled through “cancellation events”.

Upgrades: Existing ORC-20 tokens can be upgraded through upgrade events such as supply and max minting.

The specific changes of ORC are mainly: the initial supply and the maximum coinage can be changed; the namespace has no fixed limit, and names of any size can be used; the UTXO model is used to ensure that there is no repeated consumption during the transaction; the transaction is allowed to be canceled; BRC-20 tokens are transferred to ORC-20; only the deployer of BRC-20 can operate the transfer command.

However, it’s worth noting: like BRC-20 tokens, ORC-20 tokens are an experimental project and there is no guarantee that tokens created using the standard will have any value or utility. ORC-20 tokens still rely on JSON files and do not address the centralization issues of BRC-20 tokens. In addition, the complexity of the ORC-20 token issuance process imposes a higher threshold on users, which may be difficult to be accepted by the public.

The above information is compiled by the CITEX content group, which is for learning and exchange purposes only, and does not constitute investment advice. For more information, please pay attention to the follow-up content. As the world’s No. 1 mining exchange, CITEX always puts users’ interests first and is committed to providing safe, transparent, open and efficient digital asset services. In the future, CITEX will continue to be oriented by the market and user needs, with multiple depths and multiple innovations, to launch more high-quality products, and to provide users with more investment opportunities and satisfactory services.

CITEX丨Bitcoin Mining Difficulty Raised, Mining Industry Picks Up

(May 19th) data shows that the difficulty of Bitcoin mining ushered in the adjustment of mining difficulty at block height 790272, and the mining difficulty increased by 3.22% to 49.55 T. At present, the average computing power of the entire network is 364.29EH/s. Bitcoin difficulty is an important parameter to measure the difficulty of mining blocks on the Bitcoin blockchain. It will be automatically adjusted according to changes in the computing power in the Bitcoin network to ensure that the block production in the Bitcoin network The output speed is stable at about every 10 minutes. Recently, the difficulty of Bitcoin has continued to increase, reaching a record high. This news has also attracted widespread attention in the market.

It is true that the upward adjustment of Bitcoin difficulty means that the calculation difficulty in the Bitcoin network has increased, and more computing power is required to generate new Bitcoins. For miners, this means that mining becomes more difficult and more expensive. Therefore, an increase in the difficulty of Bitcoin may result in lower profits for miners. However, when the difficulty of mining is high or continues to rise, it indicates that more mining machines are put into operation, the market is full of confidence, and the entire mining industry is recovering.

In the current market environment, mining revenue is affected by various factors, such as mining difficulty, network computing power, electricity costs, and the market price of Bitcoin and other digital currencies. Therefore, for miners who want to enter mining, it is necessary to comprehensively consider these factors to determine the best entry time and mining strategy.

The mining industry is also constantly evolving and changing. With the advancement of technology and market competition, the mining industry will gradually mature. Mining revenue will gradually decrease, mining costs will gradually increase, and the mining industry will become increasingly difficult to make a profit. However, the current mining industry is still far from a mature market, and there are still many opportunities and profit margins. At present, the mining industry is still far from a mature market, and it is still profitable.

Citex Exchange deploys mining farms all over the world. Under the background of the ever-changing digital currency market, Citex Exchange will continue to adhere to the professional, safe, efficient, and convenient service concept, and continue to introduce more useful products and services for global users. Provide a better digital currency trading experience. At the same time, Citex Exchange will also continue to strengthen cooperation with world-renowned digital currency mines and companies, continuously improve the technology and capabilities of digital currency mining, and provide global users with richer and more diverse digital currency mining services.

The above information is compiled by the CITEX content group, which is for learning and exchange purposes only, and does not constitute investment advice. For more information, please pay attention to the follow-up content. As the world’s No. 1 mining exchange, CITEX always puts users’ interests first and is committed to providing safe, transparent, open and efficient digital asset services. In the future, CITEX will continue to be oriented by the market and user needs, with multiple depths and multiple innovations, to launch more high-quality products, and to provide users with more investment opportunities and satisfactory services.

CITEX Viewpoint丨Mining, the best way to invest in a bear market

The currency circle has always pursued the investment creed of “speculating coins in a bull market and mining in a bear market”. During the bull market period, the price of cryptocurrency fluctuates frequently and in a large range, so there are more arbitrage opportunities, and short-term speculators also have higher profit opportunities; while in the bear market period, the price fluctuation range of cryptocurrency is small, and the arbitrage opportunities are not large. Therefore, people are more inclined to hold cryptocurrencies through long-term mining, waiting for the arrival of the next bull market.

Although there is a certain logical basis for the view of “coin speculation in the bull market, mining in the bear market”, in fact, not many people actually make profits. regret but too late. Indeed, many investors in a bull market are affected by market sentiment, so they are prone to blindly follow suit and impulsive trading. In contrast, in a bear market, investors need to think more rationally about investment strategies to avoid wrong decisions. Therefore, a bear market is a test of investment thinking. Like many emerging things, digital currency also needs to go through several rounds of baptism and transformation before it can mature. However, the overall prospects of the blockchain and digital currency have not changed. As a miner, you should realize that the temporary decline is just a process of eliminating the false and preserving the true. Just like the darkness before dawn, as long as you survive it, you will usher in a bright future. Therefore, for ordinary people with insufficient knowledge, mining is still the best way to invest in a bear market.
Since it is regulated by the algorithm and protocol of the digital currency itself, rather than being affected by market fluctuations, the investment risk of mining is low. Therefore, compared with other investment methods, such as stocks, funds, etc., the return on investment of mining is relatively stable. The return on investment of mining can last for a period of time or even longer, without the need for constant buying, selling and transferring like other investment methods. For those investors who want long-term stable investment, mining is one of the best investment methods. Therefore, mining it has higher security, stability and sustainability, and can also obtain a higher return on investment. “It is best to plant a tree 10 years ago, followed by now.” For miners, no matter when you want to mine, as long as you start digging now, it is not too late.

Mining methods are generally divided into mining machines, joint mining and cloud computing power mining. In theory, the former two require a large amount of funds, a high cognitive threshold, and require professional knowledge of operation and maintenance and mining. Knowledge is not conducive to the participation of ordinary investors, but it can be avoided through mining machine leasing and hosting in real life. In terms of cloud computing power investment, both the cognitive threshold and the amount of funds required are relatively low, which is very suitable for ordinary investors, which is one of the reasons why the cloud computing power market is booming. As a well-known digital asset trading platform, the global mining farm under Citex provides users with a wealth of mining services, including cloud computing power sales, mining machine leasing, mining machine sales, and hosting services. Compared with traditional mining methods, Citex’s mining services have lower cognition and capital thresholds, which are very suitable for ordinary investors to participate.

Finally, the author would like to say something more: digital currency is a market where sensibility is greater than rationality. Smart investing often requires more rational thinking and emotional control. As a miner, you should keep calm when the market sentiment overreacts, and conduct fundamental analysis in order to obtain higher returns. Whoever can grasp emotions and surpass emotions is more likely to save himself in a bear market. When everyone else shuts down the mining machine because the income is too low, you have the opportunity to obtain more chips, and when the currency price recovers, you can obtain considerable income.

The above information is compiled by the CITEX content group, which is for learning and exchange purposes only, and does not constitute investment advice. For more information, please pay attention to the follow-up content. As the world’s No. 1 mining exchange, CITEX always puts users’ interests first and is committed to providing safe, transparent, open and efficient digital asset services. In the future, CITEX will continue to be oriented by the market and user needs, with multiple depths and multiple innovations, to launch more high-quality products, and to provide users with more investment opportunities and satisfactory services.

ID LABS signed a contract with Country Garden Golden Bay

ID LABS signed a contract with Country Garden Country Garden Golden Bay to jointly develop green ecological real estate and create a digital community. This cooperation will inject new vitality into the real estate market, create a WEB3.0 digital community, and will also promote the application and development of blockchain technology in the real estate field.

Space ID is a Web3.0 identity network that facilitates the acquisition and management of domain names through blockchain technology. The ID Labs ecosystem is an ecosystem based on Space ID, which aims to provide users with more comprehensive and diversified services. Through the ID Labs ecosystem, users can perform operations such as digital asset management, trading, and investment, and at the same time participate in various community activities to obtain more rewards and benefits. Country Garden Golden Bay is a well-known real estate developer, and it also has a certain amount of accumulation and experience in green and ecological real estate.

In this cooperation, the two parties will jointly develop green ecological real estate projects and create digital communities under the environment of WEB3.0 communication coverage. Among them, blockchain technology will be applied to real estate transactions, digital identity authentication, smart contracts, etc., thereby improving the security and credibility of real estate transactions. At the same time, the construction of digital communities will also provide residents with a more convenient and intelligent lifestyle.

It is reported that the development of the project will adopt the green building standards of Country Garden Golden Bay, pay attention to environmental protection, energy saving, health and other aspects, and create a green ecological community in the true sense. At the same time, ID LABS will provide blockchain technology support for the project, so as to achieve the goals of decentralization and transparency of real estate transactions.

Free People Dao announced that it will launch its second ecosystem in the near future

Recently, Free People Dao officially announced that it will launch its second ecosystem, which is committed to creating a more open, transparent, secure and scalable blockchain ecosystem, and providing a new generation of digital asset trading methods for the blockchain industry. The second ecology of Free People Dao will become a comprehensive support center for global digital asset transactions and related technologies.

The core of the ecosystem is a governance model based on contribution, which allows a mechanism similar to DAO organization distribution to motivate traders and contributors to participate in network governance. The second ecology of Free people Dao also adopts a decentralized network. At the same time, the ecosystem also provides comprehensive digital asset management and asset robustness supervision to ensure the security and compliance of digital assets.

A member of the DAO from the Free people Dao community said: “We are very proud that Free people Dao can launch the second ecology. The governance rules of the second ecology will become the leader of the global digital asset trading industry and will inject new energy into the development of the blockchain field.” With new vitality, I hope that Free people Dao will make the second ecology of Free people Dao a benchmark in the digital asset trading ecosystem through brand-new governance and technical means.”

The second ecology of Free People Dao has received extensive attention and support from global partners and supporters. Next, Free People Dao will continue to invest more resources and energy to promote the development and improvement of its second ecology, and continue to Improve its digital asset trading ecosystem to better serve global digital asset traders and holders.

ID LABS signed a contract with Country Garden Golden Bay

ID LABS signed a contract with Country Garden Country Garden Golden Bay to jointly develop green ecological real estate and create a digital community. This cooperation will inject new vitality into the real estate market, create a WEB3.0 digital community, and will also promote the application and development of blockchain technology in the real estate field.

Space ID is a Web3.0 identity network that facilitates the acquisition and management of domain names through blockchain technology. The ID Labs ecosystem is an ecosystem based on Space ID, which aims to provide users with more comprehensive and diversified services. Through the ID Labs ecosystem, users can perform operations such as digital asset management, trading, and investment, and at the same time participate in various community activities to obtain more rewards and benefits. Country Garden Golden Bay is a well-known real estate developer, and it also has a certain amount of accumulation and experience in green and ecological real estate.

In this cooperation, the two parties will jointly develop green ecological real estate projects and create digital communities under the environment of WEB3.0 communication coverage. Among them, blockchain technology will be applied to real estate transactions, digital identity authentication, smart contracts, etc., thereby improving the security and credibility of real estate transactions. At the same time, the construction of digital communities will also provide residents with a more convenient and intelligent lifestyle.

It is reported that the development of the project will adopt the green building standards of Country Garden Golden Bay, pay attention to environmental protection, energy saving, health and other aspects, and create a green ecological community in the true sense. At the same time, ID LABS will provide blockchain technology support for the project, so as to achieve the goals of decentralization and transparency of real estate transactions.