Is there a place for Multi Chain in the blockchain ecosystem? 

Decentralized finance is one of the most commonly used phrases in the past few years. The concept, built on the blockchain, presents an innovative solution that solves the problems inherent in the traditional financial landscape. 

As the name implies, DeFi is based on secure distributed ledgers, ensuring that there’s no controlling body, and users leverage the trustlessness of the ecosystem to execute transactions between themselves. 

While decentralization has been the major characteristic of these revolutionary financial infrastructures, we’ve circled back to needing connections and communications between the independent facilities built so far - [interoperability](https://www.techtarget.com/searchapparchitecture/definition/interoperability). Hence, the birthing of Multichain.org - a cutting-edge cross-chain router protocol. Let's take a look at how Multi Chain works. 

![Leeway Hertz image of multichain](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/Screenshot_2023_07_10_at_13_33_03_16ab68fe31.png)

### What is DeFi interoperability? 

The DeFi ecosystem has been on a bull run in the past few years, with several projects hitting production. These services have focused on providing financial services to the masses, consequently eliminating the need for intermediaries and controlling bodies. 

However, an unprecedented by-product of the decentralized finance spree proved to be [fragmentation.](https://cryptoslate.com/crypto-cannot-become-money-because-of-fragmentation-bis/) As much as individual DeFi infrastructures offer varying benefits and use cases, the interaction between different platforms proves to be crucial. The interoperability with different protocols and assets guarantees a seamless experience for the user’s individual projects aim to serve. 

This is where Multi Chain comes in, addressing interoperability with its cross-chain router protocol. Working to be the ultimate router for Web 3, the routing platform currently supports about 93 chains, with more support in the pipeline. 

By bridging the gap between distinct blockchain infrastructures, users can unearth potential innate in the industry while discovering new use cases that can make life easier. For instance, interoperable DeFi is bound to facilitate improved cross-chain connections and easier asset movement. 

The[ advantages](https://cointelegraph.com/explained/why-cross-chain-interoperability-matters-for-defi) of this are numerous, and we’d dive deeper into what role Multi Chain can play in this. 

## Multi Chain: A cross-chain router protocol 

With Multichain.org, the movement of assets and data from one blockchain to another is seamless. The cross-chain router protocol, founded by Gideon Greenspan [in 2014](https://www.crunchbase.com/organization/multichain), has proven visionary and is available just in the nick of time to ensure that the DeFi ecosystem isn't overwhelming. 

Over the years, the platform has grown to become a robust infrastructure with innovative design acting as the needed conduit between DApps, smart contracts, and liquidity pools. As a comprehensive connection on a mission to hold the blockchain industry together, multichain.org bolsters efficiency, accessibility, and liquidity. 

## Advancing DeFi interoperability with Multi Chain 

Here are some ways through which Multi Chain powers DeFi interoperability. 

Ability to swap assets seamlessly across chains: With Multichain.org, it's relatively easy for users to swap their assets across chains, eliminating the need for complex bridge solutions. 

Access to liquidity across chains: By enabling access to liquidity from different pools and exchanges, there’s bound to be an increase in trading and lending opportunities. 

Enabling cross-chain collateralization: This is for users looking to leverage assets held on one chain as collateral on another chain. 

Cross-chain smart contract interaction: Developers can now create smart contracts that leverage several chains, thereby incorporating several functionalities in one [smart contract](/news/article/smart-contracts-blockchain). 

## How Multi Chain handles security and trust 

Multichain.org was designed with security and trust in mind. By leveraging a comprehensive consensus mechanism and advanced validation and verification processes, the platform can ensure high-integrity transactions. 

Furthermore, the platform's infrastructure continues to enhance the innate blockchain concept of trustlessness. This means it doesn't compromise on the idea that intermediaries aren't needed in the blockchain ecosystem. 

[Open governance principles](https://101blockchains.com/blockchain-governance/) guide the Multi Chain platform as community members chip into decisions. The community also gets to participate in protocol audits and continuous development. 

## Real-world use cases of Multichain.org 

Here are some of the impressive use cases of Multi Chain: 

- org in DeFi protocols: The platform facilitates liquidity and transactions between several decentralized exchanges, making them more efficient. 

- Empowering cross-chain stablecoin transfers: Owners of [stablecoins](https://www.investopedia.com/terms/s/stablecoin.asp) can seamlessly move them from one platform to another. 

- Cross-chain NFT marketplaces and gaming: In the face of owning different non-fungible token assets across multiple platforms, users can now move assets across chains at will. 

- Connections between private and public blockchains: Private blockchains are distinct from public ones, but Multchain.org now bridges the gap. 

## Conclusion 

There's great promise for what the Multichain.org platform can achieve for DeFi. With the continuous improvement of technology, more potential will be unravelled, making it easier for everyone to access decentralized finance. 

Multi Chain: Enhancing Interoperability in DeFi 

## Why do we need Blockchair? 

One of the core tenets of the blockchain industry is [trustlessness](https://www.bitstamp.net/learn/security/blockchain-trustlessness-security/), where you don’t need to rely on a trusted third party to interact with products and services. You only need to trust the process and transactions involved. This is such a revolutionary idealogy made possible by the decentralization of the blockchain. 

However, the vast decentralization also gives life to major downsides - transparency and accountability. These two factors are essential to building trust - and a sense of security - in the 'process and transactions.' Hence, the need for Blockchair. 

## More on the idea of transparency and accountability 

Transparency in blockchain depicts the need for duly recorded information to be easily available to participants for verification. The concept sounds simple and expected, based on the ‘open’ nature of major blockchain platforms. However, as the [number of blockchains](https://earthweb.com/how-many-blockchains-are-there/) increases, the inherent decentralization of the ecosystem results in a dense complexity on the issue of transparency. 

In the same vein, the ‘accountability’ of blockchain infrastructures is vital to trust maintenance. It’s a base necessity of human society, where industry players and organizations should be responsible for actions and inactions. However, when you critically consider the ecosystem at large, you’ll notice some [accountability](https://www.dataversity.net/accountability-issues-with-cryptocurrency-and-blockchain/) issues like: 
- Anonymity and pseudonymity. 

- Cross-border jurisdiction. 

- Lack of centralized authority. 

- Smart contract vulnerabilities. 

Solving these issues and more is why Blockchair is one of the most critical blockchain innovations of recent times.

## How Blockchair offers solutions to transparency and accountability issues 

Blockchair is a platform designed to provide users with immense insights into the data stored on blockchains. With carefully developed tools and features, users enjoy the interesting search, sort, and filtration methods when handling [on-chain data](https://dataguide.cryptoquant.com/intro-to-on-chain/what-is-on-chain-data). 

 Currently, the Blockchair platform enjoys compatibility and access to numerous blockchains, exchanges, wallets, crypto processors, savings accounts, and tax calculators, providing analytics on [Bitcoin](/coins/btc), [Ethereum](/coins/eth), [Ripple](/news/article/market-ripple), Bitcoin Cash, [Litecoin](/coins/ltc), Stellar, and more. 

Thanks to its intuitive and user-friendly interface, it’s easy to find information on chains available in the platform’s catalog. Ultimately, users enjoy more insight into transactions, addresses, and other information. 

By facilitating auditing and compliance measures, this analytics platform also chairs accountability for the next web. Thanks to this platform, putting a face on illicit activities leveraging anonymity and pseudonymity becomes easier. Suspicious transactions are also identified, aiding accountability and dousing the flames of fraud. 

The functioning of this analytics engine isn’t rocket science, as the platform analyses wallet balances and transaction patterns to make fraud detection easier. This analysis can serve as the baseline for more auditors, compliance outfits, and law enforcement agencies to duly tackle the insecurities threatening to plague the ecosystem. For instance, with the platform’s API, researchers, businesses, and developers can design innovative applications that bolster accountability and transparency. 

Consequently, the search and analytics engine is leading the charge in fostering regulatory standards across the decentralized blockchain ecosystem. 

## Conclusion 

Embracing innovative solutions like Blockchair enhances the potential of the blockchain industry to become the path to the digital freedom it was meant to be. 

Blue image of blockchain technology with blockchair logo overlayed

Blockchair: Bolstering blockchain transparency 

According to [a report by CoinDesk](https://www.coindesk.com/tech/2023/02/14/avalanche-blockchain-saw-1500-transactional-growth-in-2022-nansen/), the crypto news service, Avalanche Blockchain enjoyed a massive 1,500% transactional growth in 2022 (despite the bear market) compared to 2021. 

For a product that first showed in the market in 2020, AVAX has demonstrated immense resilience, growing close to $5 billion in [market capitalization](https://www.coingecko.com/en/coins/avalanche) and a market cap rank of #17. 

Fortunately, the traction of avalanche crypto isn't stopping there. 

![avalanche crypto website screenshot](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/Screenshot_2023_05_31_at_15_53_31_864a01cb09.png)

## Understanding Avalanche crypto 

The Avalanche crypto technology aims to restructure the blockchain industry by facilitating enhanced scalability and performance. Leveraging its cutting-edge [Avalanche consensus](https://docs.avax.network/learn/avalanche/avalanche-consensus#:~:text=Consensus%20is%20the%20task%20of,low%20latency%20and%20high%20throughput.) protocol, the technology goes against traditional consensus mechanisms to deliver efficient transactional speeds without compromising network security. 

In context, Avalanche can process 4,500 transactions per second, while Ethereum can only do 14 transactions per second. 

Unsurprisingly, the platform has been lauded as a viable alternative to Ethereum and Solana. 

The technology, founded by a research and engineering team led by Emin Gun Sirer, exhibits seamless compatibility with the [Ethereum Virtual Machine](https://www.quicknode.com/guides/ethereum-development/getting-started/what-is-the-ethereum-virtual-machine-evm/#:~:text=What%20is%20the%20EVM%3F,run%20a%20node%20on%20Ethereum.) (EVM). This interoperability is responsible for the ease with which Ethereum-based projects are ported to the Avalanche ecosystem. 

Also, third-party developers can develop custom virtual machines on the technology, resulting in a rapidly growing world of decentralized applications (DApps). So far, there are 354 DApps on the platform, and the list looks like it will keep growing. 

The powerful blockchain technology, interoperability, versatility, and native utility token, are responsible for the massive jumps and impressive numbers Avalanche is pulling despite the world’s current [crypto winter](https://www.nerdwallet.com/article/investing/crypto-winter). 

And with recent developments around the platform, the avalanche bull run isn't ending anytime soon. 

## Signs of a better future for the Avalanche crypto ecosystem 

By the close of November 2020, the price of [AVAX](/news/article/avax-vs-solana)  was around $3.60 per unit. However, AVAX currently trades at $14.36, which indicates an increase of ~211%. However, the $14.36 figure is a massive drop compared to the all-time high price of $134.87. But a price drop between 2022 and 2023 was expected in the wake of a bear market. 

### Before the 2022 bear market: 

The development and public presence of Avalanche crypto began with the launch of the Avalanche Mainnet on 21 September, 2020. Users got access and were soon greeted by further launches like the Avalanche-X Grants Program (October 2020) to foster innovation and attract developers. The impressive run continued with the Avalanche Rush Incentive Program of December 2020, which focused on incentivizing users. 

2021 was also an eventful year, during which the [Avalanche bridge to Ethereum ](https://www.datawallet.com/crypto/ethereum-avalanche-bridge)(February 2021) was made possible. The Avalanche Rush Hackathon (March 2021) promptly followed the interoperability achievement, bringing further development and engagement in the ecosystem. 

Soon, a host of interoperable integrations and partnerships began to spring up. Other milestones in the year included the Avalanche Improvement Proposals, designed by community members to improve experience and security on the platform. 

As proof of the next-gen technology underlying Avalanche, decentralized applications like Benqi (DeFi platform), Snowball (Yield optimizer), and Pangolin (DEX) have surfaced. 

The success recorded by AVAX in its first years resulted from the credible attention the team paid to different facets of its spectrum - developers, users, investors, and institutions. Fortunately, this also set the base that made the blockchain platform resilient to the 2022 crypto winter. 

## Between 2022 and the present: 

Between the last months of 2021 and the start of 2022, the entire digital world was abuzz with talks of DeFi, NFTs, Yield farming, and Proof of Stake, amongst other concepts. 

But following the dramatic end to the industry 'hype' between April and May 2022, several projects have been weeded out. 

Avalanche crypto isn't one of them. 

The platform has become a yardstick against which newer projects measure success. It has become a major competitor for Ethereum. 

AVAX partnered with [Alibaba](https://dailyhodl.com/2023/05/06/ethereum-competitor-avalanche-avax-partners-with-chinese-tech-giant-alibaba-cloud-on-new-cloudverse-project/) to expand the ecosystem to deliver a new ‘Cloudverse’ project. Avalanche has recently launched two new marketplaces, Superchief Gallery NFT and Zeroone. Furthermore, a strategic partnership with [Legitimate](https://www.legitimate.tech/) indicates Avalanche’s commitment to closing the digital and physical worlds gap. 

## Conclusion 

Avalanche is leaning in on collaborative endeavours to build a more robust and competent user ecosystem. Over the past year, the Avalanche crypto ecosystem has welcomed more users, and according to [predictions,](https://seekingalpha.com/article/4582718-avalanche-avax-follow-the-user-growth) AVAX trading price is on course to potentially reach $200. 

Avalanche Crypto logo on blue image of man trading with a smile

The Growing Traction of Avalanche Crypto 

Donald Trump NFTs created a buzz at the intersection of politics and digital collectibles, effectively launching a new political fundraising era. 

Over a year ago, you weren't cool if you didn’t own an NFT. Unfortunately, when the [crypto winter ](https://www.nerdwallet.com/article/investing/crypto-winter)began towards the middle of 2022, only real degens persisted with the 'NFT craze'. 

People just trying out NFTs due to FOMO or simply being fascinated by the concept forgot about non-fungible tokens and rolled back to their various status quo. 

In the same vein, some projects packed their bags. Interestingly, amidst the chaos of the blockchain industry, former US President [Donald Trump launched](https://collecttrumpcards.com/) his brand new non-fungible token (NFT) trading cards on 15 December, 2022. 

Before now, we have seen NFTs find use cases in different industries, but this was the first of its kind in politics. This begs the question of whether the Trump NFTs are the start of a new era of political fundraising or a fad. 

![screenshot of trump NFT collectible website](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/Screenshot_2023_05_30_at_09_33_27_bbe124eb47.png)

## A closer look at the Trump NFTs 

The first batch of the NFTs cost just $99 per unit, and according to a statement by Trump, the NFTs are "amazing artworks from my life and career". 

The special edition cards resemble baseball cards. Some potential perks of owning the card may include spending a "wonderful evening in Miami for a special dinner organized by Trump" or simply meeting with Donald Trump for an hour of golf. 

As expected, the launch of the new NFTs [raised speculation](/news/article/trump-nft-collection-raises-eyebrows), especially based on the circumstances surrounding the digital presence of the 45th American President. What made the NFT project stand out is that it was a political fundraising measure. 

The idea behind the Trump NFTs is to be a means to raise money for the former President’s 2024 re-election bid. So, 45,000 units of the first batch of the NFTs were designed by illustrator Clark Mitchell, and all are issued on the Polygon chain. Users can easily purchase the units they want with a credit card or WETH. 

As the first to announce his candidacy for the 2024 elections, Trump has quickly tapped into leveraging his huge followership through these NFTs. 

According to reports, the first batch [quickly sold out ](https://www.coindesk.com/web3/2022/12/16/trump-nft-collection-sells-out-price-surges/)just a day after the launch. Due to the massive demand for the NFTs, their prices rapidly increased from $99 to about $230, with rarer ones selling for about $24,000. 

These numbers for the NFT launch are impressive, especially because the crypto industry had initially suffered massive setbacks that made some elite NFTs lose about 80% of their value. 

In response to the sell-out of the first series, Donald Trump[ launched a second batch](https://www.analyticsinsight.net/donald-trump-has-launched-a-second-batch-of-nfts/) of his NFTs for the same initial price of $99. The second batch had 47,000 units, featuring limited one-of-one NFTs and autographed cards. 

While the NFT cards launched by Trump did well on primary sales, the secondary market realities continually journey[ far from impressive](https://opensea.io/collection/trump-digital-trading-cards?search[sortAscending]=false), with floor price tapering. While the Trump NFTs aren’t the first to hit the market from a politician, they have made paying attention to the politics-NFT intersection crucial. 

## Potential of NFTs in political fundraising: Facts and questions 

NFTs thrive on attention, buzz, and funding; on closer look, politicians are the same. This reality makes both entities a perfect fit.[ Politicians](https://www.bloomberg.com/news/articles/2022-01-10/nfts-offered-by-candidates-as-crypto-creeps-into-u-s-politics#xj4y7vzkg%5D), namely Andrew Yang, Jared Polis, Blake Masters, and Donald Trump use digital blockchain assets to raise funds and build digital communities. 

This is such a novel use case; there are questions and facts to note. However, before looking at the questions, here are some factual use cases that can result from political NFTs: 

- Direct engagement with supporters. 

- Grassroot fundraising. 

- Cultivating a passionate collector base. 

- Revenue generation 

While the Trump NFTs have tapped into these use cases and benefits since launch, the general questions that plagued the last generation of NFTs before the 2022 crypto winter persist. 

- Will the NFTs’ value continue to rely on Trump’s personal brand? 

- How tangible are the reward systems of the NFTs for all users? 

## Conclusion 

Uncertainties remain with Trump NFTs. The future for political NFTs is unclear. So far, it's been a year since political NFTs hit the timeline. Hence, it's too early to judge whether we're witnessing a new era of political fundraising or a mere fad. 

red brick wall with Trump and NFT graffiti on it

Trump NFTs: A New Era of Political Fundraising? 

When assessing the top blockchain projects, I would describe 2023 as the year when the "chaff will be separated from the wheat".

After a mixed fortune for [blockchain](/news/article/blockchain-for-dummies) in the fourth quarter of 2022, which saw many scam projects go under, 2023 will be the year of solid projects.

Projects with solid use cases will emerge in the blockchain industry. This article sheds light on the top 5 blockchain projects that have interesting use cases and are worth looking at in 2023.

## Summary of top blockchain projects to look out for in 2023

### Acurast

[Acurast](https://acurast.com/) enables the next wave of Web3 innovation by providing a multi-chain infrastructure that solves the Web3 problem of accessing verifiable, interoperable, and accessible off-chain data.

Acurast uses a trusted execution environment to increase security and lower the required trust in individuals, which leads to lower entry barriers for both data transmitters and developers. Acurast also provides a protocol-native, permissionless marketplace that links data transmitters and data consumers, ultimately enabling a data economy.
The marketplace is directly linked to the protocol-native reputation system, furthering the ecosystem's security.

### CoinFantasy

The gaming industry is rapidly growing, particularly in fantasy gaming. [CoinFantasy](https://www.coinfantasy.io/) is a high-quality, NFT-based fantasy gaming platform that offers a rich and refined game interface. Users can create private leagues, track real-time player results, and predict their favorite coins' outcomes to earn cryptocurrency. The platform offers multiple gaming options, including those that provide instant rewards for a thrilling experience.

### DeepBrainChain

This is one of the few high-performance computing projects to have achieved large-scale implementation in the blockchain industry. It has been utilized in a variety of applications, such as AI, blockchain, and visual rendering. Additionally, [DeepBrainChain](https://www.deepbrainchain.org/) has made significant strides in improving usability and commercialization. More than 50 manufacturers worldwide have deployed high-performance GPU cloud platforms based on the network, serving hundreds of companies and tens of thousands of AI developers.

### VulcanVerse

This is an open-world MMORPG game where players can own in-game assets in the form of NFTs, create new adventures and quests, and battle against other players. It is part of the Vulcan Forged ecosystem, which has a dual-token economy with PYR and LAVA tokens that players can earn through involvement in the ecosystem, upgrading Vulcanites and land NFTs in the game. Vulcan Forged also includes other games like Vulcan Runner and Agora, an NFT art platform that doesn't have gas costs or user complexities. Players can purchase virtual land and use in-game resources in [VulcanVerse](https://vv.vulcanforged.com/) to further their gameplay experience.

### Ocean Protocol

This decentralized data exchange protocol allows individuals and organizations to securely and transparently share and monetize data.

Built on the Ethereum blockchain, [Ocean Protocol](https://oceanprotocol.com/) provides a marketplace for data assets and AI models, enabling developers to access a wide range of data sources for training and testing machine learning models.

The platform uses a token-based system to incentivize data providers and ensure fair compensation for the use of data. By creating a secure and transparent data-sharing ecosystem, Ocean Protocol aims to enable better and more efficient data-driven decision-making in industries such as finance, healthcare, and energy. Overall, Ocean Protocol represents an innovative approach to data sharing that leverages the benefits of blockchain technology to create a more open and collaborative data economy.

## Conclusion

If you look closer at the projects mentioned above, you'll notice they are mainly in the DataOracle, AI, and gaming niches. This shows the direction technology will likely take this year, especially with the [CHATGPT](https://openai.com/blog/chatgpt/) emergence that has brought more attention to AI.

These projects are not the only ones that will likely peak this year, and this article is not an endorsement to invest in anyone of them. Always remember the number one rule in blockchain "DYOR" (do your own research).


Top Blockchain Projects for 2023

The crypto community is interested in the Bitgert price prediction. The cryptocurrency has had a swell 2022 so far, which makes it necessary to make predictions for the future. This piece will look at everything factored into the forecasts and what the figures tell us.

## What is Bitgert?

With an initial launch in July 2021 on the Binance Smart Chain (BSC), Bitgert is a blockchain network looking to redefine efficiency and cost in the crypto ecosystem. As of now, the platform plays host to infrastructures like Knit Finance (a DeFi protocol), Miidas NFT (a marketplace), and SPYNX (a decentralized exchange).

Originally launched on the Binance Smart Chain, the platform used BNB to give rewards. However, the dedicated team behind the project has, since February 2022, launched its native BRISE chain. The BRC20 smart contract powers the new BRISE chain.

## Launching its native blockchain allows developers to build

DApps while using BRISE as the native token.

Unlike other blockchains, the BRISE chain uses the proof-of-authority framework, which enables short block times and reduced fees. Furthermore, the chain's smart contract is compatible with Ethereum virtual machine.

Other developers' perks of using the BRISE network include; the issuance of new tokens, running full nodes to access live transaction updates, creating DApp wallets and tools on the network, etc.

The network also has an incubation program, where the platform helped launch projects using the BRISE chain. Through the program, the Bitgert team has helped developers with crypto issuance, which resulted in fundraising through public and private token sales. Other perks of the Bitgert incubation program for developers include providing technical and marketing support.

Efforts invested by the Bitgert team have caused the platform to grow considerably since its launch. Though most of the projects on the BRISE chain are still in the early development stage, Sphynx Labs, Omniaverse, and Eco Finance have recorded some degree of success.

## Understanding BRISE tokenomics

Since the BRISE token is now hosted on its native BRISE chain, taking a look at Bitgert price prediction is now pertinent.
The tokenomics of BRISE is influenced by several factors. Firstly, for users who stake their BRISE, rewards are paid in BUSD. Also, users can leverage the BRISE coin as a peer-to-peer payment infrastructure within the platform's wallet. The in-wallet transactions incur no fee.

To further bolster the BRISE economy, a cryptocurrency buyback concept was introduced. The buyback concept ensures that when investors buy and hold the coin, its value increases directly with demand.

Hence, a 5% buyback tax is stored within the contract for each transaction. When sales occur, a fraction of the tax is used to buy tokens from the liquidity pool. The tokens bought are then subsequently and immediately burned.

## Potential Bitgert landmines

Bitgert network has done some incredible work over the past year. However, there are issues investors need to be careful of. One such discrepancy is the 98% security rating the platform scored in this audit. Proper audits are meant to be done by a non-biased third party. The landmine here is that Bitgert itself did the audit.

Another issue discovered in the Bitgert ecosystem is the vagueness of the platform’s social contribution plans. There are no mentions of affiliates, action plans, etc.

Furthermore, there are reported bot activities on the Bitgert Twitter account, among other social media anomalies. Some of these have been mitigated by their team at the time of writing.

There are other minor issues across the network, which make it vital that you do your research before aping into the project.

## Price history analysis

Historically, Bitgert’s price has been impressive. However, this doesn’t guarantee positive charts for the future. Upon launch, Bitgert’s price was $0.000000003564. Subsequently, it attained an all-time high of $0.00000404 in August 2021. However, at the end of 2021, the price was back to $0.0000003399.

The same up-and-down chart movements saw prices go from $0.000001849 to $0.0000002634 between March and June. The coin's price upon listing on the Huobi exchange was $0.00000066. During this listing, there were 395 trillion BRISE circulating the market out of a quadrillion total supply.

With a market capitalization of $262, Bitgert ranks as the 221st crypto. It is important to note that Bitgert is not a stablecoin.

## Bitgert price prediction

It would be best to remember that cryptocurrency price predictions aren't always accurate. They are unavoidably based on sentiments, trends, data, and price history analysis. That said, here are some Bitgert price predictions worth looking at for the next year:

•	AMBCrypto predicts a price range of $0.00 to $0.0000013 for 2023, with an average rate of $0.0000011 per BRISE. For 2024, a price range of $0.0000011 and $0.0000017 is predicted, with an average rate of $0.0000014 per BRISE. For 2025, a price range of $0.0000014 to $0.0000022 is predicted, with an average rate of $0.0000018 per BRISE.

•	[CryptoPredictions.com](https://cryptopredictions.com/) predicts a price of $0.00000058 by September 2023 and $0.00000083 by 2024. Furthermore, a range of $0.000000091 and $0.000001095 is predicted between the beginning and last month of 2025.

•	TechNewsLeader predicted $0.00000135 for BRISE in 2023 and $0.000002 for 2024. For 2025, the Bitgert price prediction is $0.0000028.

•	Crypto Bulls Club made a Bitgert price prediction ranging between $0.00001061 and $0.00001167 for 2023. For 2024, the Bitgert predicted price is $0.00003383 while stating a range of $0.000089 and $0.000098 for 2025.

•	Gov Capital didn’t give specifics per year. However, they predicted a long-term value of $0.000001, with occasional rises above $0.000002.

## Conclusion

Bitgert is witnessing fast ecosystem growth, with more than 1,000 partnerships in the works, among other efforts being put in place by the team. Overall, the project looks promising and worthy of some attention. In the end, it's up to your research and gut feeling.


Bitgert Price Prediction

In the first week of GameStop’s recently launched NFT marketplace, NiFTy Arcade was the most popular collection. However, a piracy issue occurred.

NiFTy Arcade’s minter was suspended for selling unoriginal and unlicensed NFTs of indie games on the GameStop NFTs marketplace.

The original NFT creator of the controversial game claimed he didn’t give anyone permission to sell his work.

[Ars Technica](https://arstechnica.com/gaming/2022/08/indie-devs-outraged-by-unlicensed-game-sales-on-gamestops-nft-market/) first reported that NiFTy Arcade's "interactive NFTs" were being minted and sold without permission, and there was no “financial arrangement for the creators to share crypto profits."

Upon looking into the matter, [Gamestop NFT](https://nft.gamestop.com/) stated that the pirate behind  NiFTy Arcade had been suspended.

However, the pirate is still holding on to the cryptocurrencies made illegally before being suspended on the GameStop NFT platform, Ars reported.

The creator of NiFTy Arcade (the game comprising pirated NFTs) identified as Nathan Ello. They clearly stated his aim to be a creator of games that [NFT marketplace](/news/article/nft-art-marketplaces) users can benefit from. "The games I am creating are not meant to benefit a certain group of people either by purchasing at no fee from their wallet or GameStop profile without the need of using my profile," they said.

Two games - Galactic wars and Worm Nom Nom - had questionable sources. But, according to Ello, Galatic Wars had an "unlicensed" tag, which proved false.

Ars discovered that Worm Nom's license prohibited commercial use on further investigation.

Ello subsequently confirmed that he "did not seek permission from the original creators before selling them."

Ello confirmed that his account on the GameStop NFT storefront has been suspended "until [the IP issue] is resolved."  Gamestop is yet to respond to comments on the piracy issue.

## NFTs “a solution to piracy issues?”

One of the problems NFT is meant to solve is piracy. Non-fungible tokens are intended to have a sole proprietorship with accurately traceable origins.

However, this recent event reinforced that piracy and plagiarism are prevalent in the current NFT ecosystem. Unfortunately, the laws governing intellectual property and copyright remain unclear to buyers.

If a piracy issue like Ello’s could still occur in 2022, it makes one wonder if NFTs are the solution.

While piracy can be traced and promptly stopped, it's left to see if NFTs can take further steps - such that the issue doesn't occur in the first place. A case like this shows that more work is to be done, especially for platforms like GameStop.

## How can GameStop NFT prevent further issues?

Being a new NFT marketplace, it’s pertinent that GameStop invests heavily in due diligence. Measures should be put in place to check and confirm that NFTs minted on the marketplace are owned by the user uploading them.

Such holistic investment in due diligence will deepen creators’ and consumers’ trust in the platform.

GameStop must also do more to verify consumers or NFT collectors using the marketplace. For instance, a blue tick could help indicate verified projects. Doing this will go a long way to protect consumers from patronizing questionable creators on the platform.


GameStop NFT "Creator" Suspended

The Drip token is found on the Binance smart chain. However, to understand it comprehensively, we must understand its origins.
There are a high number of projects in the crypto ecosystem. One of the most famous is the Drip Network, a DeFi project.

Before discussing the Drip Network, it is important to understand what DeFi is.

As a new financial technology, decentralized finance (DeFi) is challenging the [traditional banking system](/news/tag/traditional-banking/2) of today; by eliminating bank and other financial companies' fees for using their services, DeFi promotes peer-to-peer transactions.

## What is Drip Network?

The Drip Network is having a major impact on the [DeFi](/news/article/instrumental-finance-defi) crypto world. The number of people opening Drip accounts for themselves, and their families is increasing.

People have shared stories about how they pay for their children's tuition and substantial medical bills for loved ones and create accounts to save for their future in Drip's official Telegram group.

The Drip Network has gained popularity among the crypto community thanks to its ability to pay 1% daily returns sustainably. Only Drip crypto pays its stakers and referrers through a tax on transactions rather than through inflation!

## Explaining Drip token 

Binance Smart Chain runs Drip token, a BEP-20 crypto token. A total of 1,000,000 tokens are available. Tokens can be purchased from the Fountain swap page. You can deposit Drip into the faucet to earn more Drip by re-compounding. In addition to the recently launched casino games, an upcoming manor, animal farm, and an NFT game are also being added to Drip usages.

## Is Drip a pyramid scheme?

Many questions on the internet have been about whether the Drip Network is a pyramid scheme.

Before delving deeper into this, it is important to clarify what a pyramid scheme is. A pyramid scheme is a form of referral investment that is illegal in some parts of the world. Participants are given returns on the number of people they bring into the program.

Drip Network has a level referral system in which every referral you bring into the project makes you entitled to 10% of their initial deposit. In addition, as a referee, you can participate in a round-robin bonus, which is on the 5% tax they pay on their profit from referrals.

## How to store Drip token

With a lot of [scam issues in the crypto industry](/news/article/crypto-hacks-peaking-october), it is essential to know how you can store your tokens.

It is good to use a cold wallet to store your digital assets. 

Cold wallets, also known as hardware wallets or cold storage devices, keep cryptocurrencies offline. Many look like USB drives. Taking your holdings offline protects you from hacking and online attacks. 

Examples of cold wallets to use are [Ledger](https://www.ledger.com/), Trezor, and AirGap. Metamask is compatible with these wallets.

## Is it safe to invest in Drip Network?

At the time of writing, Drip token is $6.37 on [coinmarketcap](https://coinmarketcap.com/), with a total market capitalization of $640,53. The contract address is  [linked here](https://bscscan.com/token/0x20f663cea80face82acdfa3aae6862d246ce0333).

Investment in Drip should result from your personal research and deep conviction of what the project stands for. Details are in the [litepaper](https://drip.community/docs/DRIP_LIGHTPAPER_v0.8_Lit_Version.pdf).


Drip Token Explained

The AlphaGame DAO is a decentralized, autonomous organization that enables gamers to crowdfund, manage, and reward gaming projects.
The DAO provides a decentralized infrastructure for the gaming industry that is powered by the Ethereum blockchain. It’s designed to disrupt the centralized and opaque gaming industry.

## How AlphaGame got started

The AlphaGame [project](https://alphagamingdao.one/) was founded in 2020 by gamers and investors who saw the potential of combining blockchain and esports. They launched the platform on the Harmony ONE network because they believe in its vision of providing a scalable, decentralized platform for businesses and organizations.

In addition, the Harmony team has been highly supportive of the project, which was one of the deciding factors in the choice of network.

## What does AlphaGame offer?

AlphaGame offers its members exclusive discounts and perks. There is a Discord group where you can connect with other members and staff who answer your questions.

In addition, the organization is constantly looking for new projects to invest in, so its members can get in early on potentially very successful companies.

Alpha offers several benefits, including:

•	A decentralized platform that is not controlled by any one company or entity.

•	A community-run platform that is dedicated to providing the best [gaming](/news/article/what-is-gamefi) experience possible.

•	A transparent and fair platform that rewards gamers for their participation.

## Why should you join?

As a member, you'll have access to a wide range of resources and benefits that could see you take your gaming to the next level.

•	AlphaGame provides its members with a comprehensive training program that covers all aspects of competitive gaming.

•	Members receive coaching and mentoring from some of the most successful gamers in the world. This is an invaluable opportunity to learn from the best and gain the skills needed to succeed at the highest levels of competition.

•	The project also offers its members exclusive access to tournaments and events with huge cash prizes. It is a way to show off your skills and earn big money.

•	You will be able to help shape the future of gaming by participating in the community-run games ecosystem.

•	Your participation is rewarded through their rewards program.

## Popular games in Alpha

Alpha is home to several popular games, including DEFI KINGDOMS and COSMIC UNIVERSE. These games have a devoted following and offer a unique gameplay experience. DEFI KINGDOMS is a strategy game that tasks players with building their kingdom. COSMIC UNIVERSE is a space-exploration game that allows players to discover new planets and engage in interstellar combat. No matter your interests, you're sure to find a game you'll love.

AlphaGame is a ground-breaking initiative that is poised to change the esports industry.

The project offers a variety of benefits that make it an attractive investment. In addition, the project is constantly expanding its portfolio of games and investing in new ones.

This makes it an option for anyone who wants to stay on the cutting edge of the gaming industry.


Introducing AlphaGame

Gemini, a New York-based crypto exchange, has announced that it will offer staking support for its investors, particularly those in Hong Kong, Singapore, and the US.

This means that platform users can participate in [staking rewards](https://www.coindesk.com/learn/crypto-staking-101-what-is-staking/) for MATIC on the Polygon network. It will also roll out support for DOT, SOL, AUDIO, and ETH in the coming months. This move is expected to help bolster Gemini's goal of becoming the world's most trusted and regulated digital asset platform.

It aims to provide greater returns on investment for its users. Several exchanges are looking to add staking services. [This follows Ethereum](/news/article/ethereum-the-merge) 2.0 replacing Proof-of-Work (PoW) with a faster and more energy-efficient Proof-of-Stake (PoS) system on 15 September.

## Gemini staking

Layla Amjadi, Vice President of Product for Gemini, said that "the firm's decision to introduce staking services was driven by investor interest in [the merge](https://www.coindesk.com/learn/what-is-the-merge-and-why-has-it-taken-so-long/)". The VP further told CoinDesk that it has become abundantly clear that Gemini staking is something people are interested in, especially with Ethereum's recent merge.

It provides more liquidity and higher yields, making it a more desirable option. The company will pay for the infrastructure and gas needed to stake and unstake, as well as penalties that might be charged in the process.

## Should you consider Gemini staking?

There are reasons you might want to stake your coins:

•	It's a great way to earn passive income, rather than just holding your coins and waiting for them to appreciate in value.

•	When you stake, you help to secure the network and encourage more people to participate in its governance.

## How to stake coins on Gemini

If you would like to stake your cryptocurrencies on Gemini, you need to do a few things.

•	You'll need to create an account on the platform and verify your identity.

•	Deposit the cryptocurrencies that you want to stake into your account. Once your coins have been deposited, you can begin earning rewards.

The addition of staking services by Gemini comes at a time when more and more exchanges are looking into similar offerings. They include; Binance, Huobi Global, Bitmax, OKEx, Gateio, KuCoin, Coinex, and Bibox.

This increasing competition is likely driven by the recent attractive returns generated by PoS networks. For example, Cosmos' ATOM token holders can earn an annualized return of up to 50%.

Gemini staking support is another example of the exchange's commitment to providing a well-rounded user experience. Offering this service makes it easier for investors to earn a passive income from their digital assets. And with more assets expected to be added, the platform will become one of the go-to exchanges for crypto stakers.


Gemini Staking Support Launches

Glitch crypto launched in 2021 to bring DeFi (decentralised finance) to the masses. Currently, the cryptocurrency has a circulating supply of 79,261,522.63 GLCH out of the 88,888,888 total supply. As of writing, data from Coinbase showed the Glitch crypto price to be $0.0704.

The annual chart by CoinMarketCap showed that the journey hasn't been easy for Glitch Finance since its launch.
However, with the little positive shifts in market conditions, Glitch crypto is one of the altcoins to look out for.

## What is Glitch crypto?

Glitch Finance is a platform that makes it easy for everyday users and developers to get into the DeFi ecosystem. By ensuring a low entry barrier, developers can reach more users.

As a [blockchain-agnostic](https://blockheadtechnologies.com/blockchain-agnostic-is-future/) platform, Glitch supports different blockchains. Thanks to this peculiarity, the power of permissionless applications will be unlocked while mitigating several drawbacks in the DeFi ecosystem.

For instance, Glitch’s platform promotes lower transaction fees, participant rewards, [interoperability](https://www.gemini.com/cryptopedia/why-is-interoperability-important-for-blockchain), and high-volume and speedy transaction processing. Furthermore, the proof-of-stake (DPoS) consensus mechanism ensures that no single entity controls the network.

Attaining its grand visions will require some time, hence the need for the platform's development to proceed in phases.
The first phase of Glitch coin focused on developing a suite of decentralised apps (dApps). Together, the dApps work to deliver seamless blockchain user experiences. The apps run the DPoS consensus structure and incentivise community members via a revenue-sharing model.

As of now, Glitch Finance has completed its phase III launch. However, before delving into recent efforts that make Glitch crypto worth buying, let's consider the platform's features.

## Features of Glitch

The Glitch Finance technology works to fix the lapses in the current DeFi ecosystem. Here are features core to the future Glitch crypto hopes to build for the DeFi ecosystem.

### Scalability

Transactions on Glitch proceed at a minimum of 3000 TPS, a benchmark that increases as the network grows.

### Low cost

Glitch coin rewards its community through its revenue-sharing model while ensuring low transaction fees.


### Interoperability

Glitch crypto is a multi-chain platform that bridges the gap between different blockchains. This helps users maximise all infrastructures in the DeFi ecosystem.

### GEX

The Glitch finance ecosystem also includes the GEX decentralised exchange. The peer-to-peer platform helps people speedily and efficiently trade assets with ease.

### Glitch Wallet

The Glitch crypto wallet is open-source and allows individual users to create personalised wallets to transact GLCH coins.

## Recent positive efforts made by Glitch Finance

Glitch has made major, concrete moves in no particular order even as the current (as of writing) bear market persists.
Two months after completing its phase I launch, Glitch Finance launched [single-sided staking](https://medium.com/glitchfinance/glitch-finance-launches-single-sided-staking-powered-by-allianceblock-b810ab83ce20) in collaboration with AllianceBlock. The campaign rewarded HODLers while the team continued to build.

In the same month, the team completed its [phase II launch](https://medium.com/glitchfinance/glitch-finance-completes-its-phase-ii-launch-fe6cd2f0bc3e), which shipped upgraded network products, browser-extension wallet, new explorer, faucet, Glitch testnet v.2, etc.

Amid several other minor updates and maintenance work, the team began its phase III launch in June 2022, which was finally [completed](https://medium.com/glitchfinance/glitch-finance-completes-its-phase-iii-launch-2748a32354bd?source=collection_home---2------0-----------------------) in September 2022.

You can take a more detailed look at the [Glitch Finance platform updates](https://medium.com/glitchfinance).

## How to buy Glitch

Glitch coin holds much promise, and with recent strides by its development team, the crypto has proved worthy of being in more people's portfolios. Hence, if you're considering owing some GLCH coins, here's how to buy them.

•	Download a Metamask wallet. Make sure the wallet works for the Ethereum network.

•	Set up your Metamask wallet.

•	Buy some Ethereum as your primary currency on Binance, Coinbase, etc.

•	Send your Ethereum to your Metamask wallet.

•	Find a Decentralised Exchange compatible with Metamask.

•	Connect your wallet.

•	Upon connecting your wallet, exchange your ETH for the GLCH.

Beyond these steps, ensure to do your due diligence before purchasing.

## Frequently asked questions about Glitch coin

### Can I buy a GLCH coin with fiat?

No, you can't purchase Glitch coins with fiat currency. You need to buy ETH before you swap for GLCH.

### Can I buy Glitch on Binance?

As of now, GLCH is not listed on Binance. You can, however, buy the needed Ethereum on Binance and transfer it to your Metamask wallet.

### What Decentralised Exchanges can I buy Glitch on?

You can purchase Glitch crypto on Dex, like KuCoin, Pancake Swap v2, Uniswap v2, Indodax, and ProBit.



A Guide to Glitch Crypto

[VaynerNFT](https://vayner3.com/) is moving away from solely being an NFT enterprise. In its recent rebranding into Vayner3, the company is ready to expand its horizon, delving into the Metaverse amongst other web3 experiences.

In July 2021, VaynerNFT was created by Gary Vaynerchuk, the chairman of VaynerX - his holding company. The new company's mandate was to assist brands with planning, strategizing, and executing NFT strategies. According to Gary, NFTs will become a "real consumer trend in 2022, and brands will invest heavily in the technology.

NFTs took 2021 by storm, with many companies and individuals investing in the space. [Facebook](/news/article/metaverse-facebook) (which [rebranded to Meta](https://knowledge.insead.edu/marketing/why-facebook-rebranding-itself-meta#:~:text=Mark%20Zuckerberg%2C%20founder%20of%20Facebook,phase%20in%20the%20digital%20world.)), Gucci, [Nike](/news/article/nike-nft-rtfkt), etc., tried positioning themselves ahead of the Metaverse and web3 curve. With most of these companies investing in other Web3 opportunities, VaynerNFT rebranding to Vayner3 is not surprising.

## What to expect from VaynerNFT's transition to Vayner3

So far, VaynerNFT has worked with over two dozen Fortune 500 companies like PepsiCo and Coinbase. However, with its rebrand into Vayner3, the company is ready to offer Web3 solutions to a wider range of global partners.

Vayner3 will now operate as a consultancy and assist brands looking to invest in Web3 experiences like branded metaverses and blockchain integration. According to the Vayner3 rebrand statement, NFT technology "will remain a cornerstone of Web3".

According to a company announcement, Avery Akkineni will continue to be the president of the consultancy.

## Is the NFT bubble over?

The transition to Vayner3 sheds light on the question in the mind of NFT critics. Is the NFT bubble over? Given that Gary, one of the key voices heralding NFT, is rebranding VaynerNFT into a broader Web3 consultancy company.

To answer this, the NFT bubble is not over. A sector like gaming that features the new play-to-earn economy incorporates NFT technology. Furthermore, NFTs will remain core to the Metaverse. 

Conclusively, the company's rebrand helps prevent restricting its offerings to solely NFTs. Now, Vayner3 will explore all the [possibilities of Web3.](/articles/learn-moni/web-3.0-crypto) 
 
 
 



VaynerNFT expands into web3 as it rebrands as Vayner3

It might seem we’ve not heard the last from the Do Kwon Terra debacle, as Interpol has issued a red notice for the arrest of the embattled founder of Terraform labs.

The South Korean security authority has been investigating the case; however, the embattled Terra founder has not been cooperating and is believed to be on the run.

With Interpol's red notice, security agencies worldwide are requested to start a search and arrest him.

## Do Kwon's statement on the Terra collapse investigation

Do Kwon, in a series of tweets via his official Twitter handle ([@stablekwon](https://twitter.com/stablekwon/status/1571197156907679745)), has denied not cooperating with the security agencies. He further claimed he’s not on the run as speculated in the media.

[Do Kwon's Terra labs collapsed earlier this year](/news/article/terra-luna-collapse), which led to the loss of investors' money estimated to be around $40 billion.

Many investors have lost their money through investment in LUNA and can’t wait to get clarity on the investigation presently being carried out. This case is one that the whole crypto community is observing with keen interest.

## Legal Issues in the cryptocurrency industry

There seem to be a lot of legal issues in the cryptocurrency industry, and Do Kwon Terra issues is not the only one taking centre stage.

Ripple labs, the parent company of Ripple, is presently embroiled in [legal issues with SEC](/news/article/xrp-court-case-update) in what seems to be the longest court case in the cryptocurrency industry's history.

A [Dogecoin](/coins/doge) investor also [sued Tesla and SpaceX CEO Elon Musk](https://news.sky.com/story/elon-musk-sued-for-258bn-over-claims-he-ran-a-pyramid-scheme-to-promote-dogecoin-12635334) for $258 billion (€245 billion) for allegedly "running a pyramid scheme to support the cryptocurrency".

In an accusation filed in Manhattan federal court, plaintiff Keith Johnson accused Musk, the electric vehicle maker and the space tourism company CEO of racketeering by touting Dogecoin and driving its price up, only to let it tumble.

Key Tech figures like Warren Buffet and Bill gates have earlier questioned the worth of Bitcoin. The major criticism of Bill Gates is the anonymity and irreversibility of transactions, while Buffet doesn’t see it as a means of utility.



Terra debacle: Interpol issues red notice on Do Kwon

Ether can be wrapped in several ERC standards. However, wETH (Wrapped Ether) generally refers to Ether's version compatible with the ERC-20 standard.

Originally, Ether was not compatible with the ERC-20 standard. Being the currency of the [Ethereum blockchain](/news/article/eth-to-gbp), Ether was created before the implementation of ERC-20 and several other standards.

The creation of wETH resulted in some peculiarities, and unique use cases, among several other benefits we'll look at.

## What is wETH?

Wrapped Ether(wETH) is created by transferring Ether to a dedicated smart contract, which places the currency on hold while outputting wETH ERC-20 tokens. The exchange of the ETH for wETH occurs at a 1:1 ratio and can be reversed easily in a process called 'unwrapping' at the same ratio.

Thanks to wETH, developers don't have to create systems for two tokens – Ether and ERC-20s. By wrapping Ether, unnecessary complexities are eliminated from smart contract interfaces.

Furthermore, [since a smart contract](https://www.simplilearn.com/tutorials/blockchain-tutorial/what-is-smart-contract) handles the wrapping, there's no need for trusted third parties or the risk of errors. The protocol has found significant use cases in many Ethereum-based dApps (decentralized applications).

## Understanding The wETH Protocol

The sound protocol facilitating the creation of wETH makes it highly secure and foolproof. Beyond eliminating complexities, the wrapped token allows seamless interactions within the same technical standard. Hence, wETH finds use in highly advanced interactions on Defi applications.

The wrapping Smart Contract locks up ETH within it to maintain a concrete reserve backing the wETH output if the ratio of ETH to wETH shifts from 1:1, some of the latter will be burned when it's being unwrapped.

Both the wrapping and unwrapping processes occur at no additional costs – all you have to pay are transaction fees. Also, since wETH can be easily created and exchanged on platforms like UniSwap, [MetaMask](/news/article/what-is-metamask), etc., it has found some incredible use cases.

## The use cases of wETH

Because the ERC20 standard premises numerous dApps, wETH has been used for several cases. Here are some of the popular uses of wETH:

## Trading

You can easily trade wETH for ERC20 tokens on decentralized exchanges. Though there's a slight restriction here – the trade is only possible on decentralized exchanges supporting ERC20 tokens.

## Payment

The blockchain and cryptocurrency ecosystems have redefined the global financial system. A prime example of this is the use of wETH for payments. Supporting dApps allow using wETH to pay for transaction fees and other services.

Furthermore, since wETH is at a 1:1 ratio with ETH, users don't incur extra charges during such transactions.

## Collateral

Decentralized lending platforms allow using wETH as collateral. This is good news for users who don't want to sell their ETH.

## Investment

Like other cryptos, wETH can be used for investment. The 1:1 ratio at which wETH is pegged accounts for the favourable investment opportunity it is. This is because of the value of wETH, which increases in direct proportion to ETH. Hence, wETH is an excellent investment opportunity if you see potential in ETH.

## What are the benefits of wETH?

Created by Will Warren, the co-founder and CEO of Ox Labs, wETH has several advantages. Here are some benefits of wETH:

## Interoperability

Despite wrapping Ether to create wETH, it doesn't lose its interoperability. wETH has interoperability capabilities with other ERC-20 tokens. Hence, you don't have to worry about compatibility and collaboration issues.

wETH makes it possible for decentralized applications to reach a higher level of interoperability. This comes in handy as applications and platforms are aiming for an increased level of collaboration. Furthermore, integration with other blockchains progresses seamlessly.

## Liquidity

wETH is created by a custodian smart contract that ensures stability in its value. Hence, it enjoys increased liquidity than other native tokens. Thanks to the custodian contract, wETH can easily be converted to ETH, which makes it a really attractive asset class to stakeholders.

## Security

Enhanced security is the standard with wETH since its custodians exclusively transact over secure exchanges. Furthermore, there's a reduced risk of users losing their cryptocurrencies since the custodian secures the private keys in a safe location.

## Speed And Lower Transaction Fees

Transactions with wETH also proceed fast and at lower fees against unwrapped ETH.

The Ethereum blockchain is one of the oldest and most developed ecosystems for dApps. This makes wETH an essential token since it facilitates easy usage of different DeFi apps without compatibility issues. Now is the best time if you haven't started using wrapped ETH.



What is wETH, its protocol, use cases, and benefits?

Cryptocurrency and blockchain technology have revolutionized tech with their multiple benefits. More interestingly, it has allowed people to explore new ways to make money. So, imagine making money from what you love. That is a way to live your best life.

Smooth Love Potion (SLP) is a play-to-earn cryptocurrency asset. Powered by the Axie Infinity ecosystem, it is one of the ways you can make money by engaging in activities that interest you. For instance, adult content, gaming, and NFTs are areas where SLP integration plays a key role.
If you love GameFi (gaming and decentralized finance), you would be familiar with the Axie infinity game. Smooth Love Potion is used in the Axie Infinity ecosystem to breed Axies.

## What Is Smooth Love Potion?

Smooth Love Potion (SLP) is an ERC-20 gaming token popular within the Axie infinity ecosystem. With a maximum token supply of 43.32 billion, it powers the cash reward system for gamers in the Axie Infinity ecosystem.

Axies are pets on the Axie platform bred with SLP, and you can buy/sell them on its NFT marketplace. As a crypto asset, you can trade SLP on exchanges like Binance, FTX, KuCoin, Gate.io, etc.

SLP hodlers get incentives to hold their tokens due to the scarcity of Axie Infinity items, and they can cash out by selling at high prices on secondary markets. Most SLP holders prefer to hold rather than sell due to the high demand. Holders of SLP also get bonuses or discounts purchasing NFTs with SLP rather than using SOL, ETH, and BNB.

## What is Axie Infinity?

Smooth Love Potion (SLP) plays an essential role in the Axie Infinity gaming platform. However, what is Axie Infinity? Axie Infinity is an NFT gaming platform where gamers battle each other with unique characters called Axies. 

Axie Infinity is one of the most [popular NFT gaming platforms](/news/article/metaverse-crypto-coins) built on the Ethereum blockchain. To become a participant on the Axie Infinity platform, you’ll need to assemble a team of Axies to battle with other gamers.

Axies are available on many NFT marketplaces, including Opensea, and you can borrow from other gamers via the scholarship platform.

## Use cases of Smooth Love Potion

SLP is presently [ranked #146 on Coinmarketcap](https://coinmarketcap.com/currencies/smooth-love-potion/) with a market cap of over $18 million, and you can trade it on major global exchanges. SLP can purchase things outside the Axie infinity ecosystem as a tradable asset. Hence, it is essential to explore the benefits of SLP.

Buying and selling Axies: SLP is the native token of the Axie infinity game and is available on major crypto exchanges. You can use it to buy and sell Axies. As an ERC-20 token, you can use ETH to purchase Axies. However, the prices are much higher when purchased with SLP.

Trading on Decentralized Exchange: For crypto enthusiasts that love trading on decentralized exchanges, you can make money by speculating on the price of tokens. SLP is an ERC-20 token and is compatible with most decentralized exchanges.

Payment: SLP is a cryptocurrency asset you can use to purchase goods and services like other crypto tokens like Ethereum and Bitcoin. If you love HODLing cryptocurrency assets, then SLP is a good buy as it is limited in supply and has the potential to eclipse Ethereum and Bitcoin soon.

## Bottom line

Axie infinity is one of the most in-demand NFT gaming platforms in the GameFi space; this, by extension, makes SLP valuable.

For anyone researching potential crypto assets, the Smooth Love Potion (SLP) is one to look forward to adding to your portfolio; this is not classified as financial advice but rather the author's opinion so ensure you DYOR (Do your Research).
 
 
 



Smooth Love Potion protocol and use cases

Ripple native token XRP has consistently stayed in the top charts as one of the most valuable coins on [Coinmarketcap](https://coinmarketcap.com/currencies/xrp/?period=7d) for the past two years, with a market cap of over $ 18 billion and occupying the 6th position on Coinmarketcap.

The initial growth and buzz around XRP has slowed down in the past due to legal issues with the SEC (Security Exchange Commission).

Ripple has been embroiled in a row with the watchdog of the SEC since 2020, and it seems like the case isn't ending anytime soon.

## The genesis of the SEC court case with Ripple

The SEC court case with Ripple is based on the belief that the $1.3 million raised by Ripple is illegal because it classified XRP, the native token of Ripple, as a security and not a digital asset, which has placed XRP under stringent security laws.

## SEC's position on the court case

SEC's stance on the court case is that the way in which Ripple raised their ICO with XRP is illegal, as contained in the documents released to the public on December 20, 2020, which include a [detailed report](https://www.sec.gov/news/press-release/2020-338) on the charge against Ripple.
 
However, Ripple, in response, claimed; 

As stated in their [whitepaper](https://whitepaper.io/coin/ripple), XRP, the native token of Ripple, is used for cross-border payment and is available on exchanges worldwide.

## Latest court update

In the latest XRP court case update, SEC seems to have suffered a setback, one of the series it has suffered since the start of the court case with Ripple. In their latest animosity, Judge Netburn approved Ripple's motion to authenticate SEC officials' public remarks. 

Netburn also ruled that expert's identity should not be sealed.

According to James K.Filan, a defence lawyer who has been sharing critical updates about the Ripple vs SEC lawsuit on his Twitter account.

"A letter from the SEC asks the parties to seal portions of their oppositions to Exclusion Motions that contain information identifying SEC experts and some financial information about one of the SEC Experts."

One of Ripple's defence attorneys is Mary Jo White, the former chairman of the SEC. Having someone who has occupied an important position in the SEC as a defence attorney proves that Ripple is not treating the XRP court case unseriously.

## Implications of the XRP court case on the cryptocurrency industry

The cryptocurrency community is looking at how the Ripple and the SEC case will end with keen interest, as it will have a ripple effect on the [legal status of cryptocurrency](/news/article/xrp-case-price-uk) in general.

Regardless of the case's outcome, the status of some cryptocurrencies will surely change to being [classified as a security or commodity](/news/article/sec-crypto), leading to a significant disruption in the cryptocurrency industry.




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